## 

## 

|||Annual<br>Report|Annual<br>Report|
|---|---|---|---|
|||Statement of|Responsibilities|
|||Independent|Examiner's<br>Report|
|||Statement of|Financial Activities|
||10|Balance Sheet||
|11|-20|Notes to the|Financial Statements|





## 

## 

## 

## 


## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 


## 



## 

## 

## 



## 

## 

## 



## 

## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|Total|Total|
|||||Funds|Funds|Funds|Funds|Funds|
||||Note||6|6||5|
|INCOME AND|||||||||
|ENDOWII/IENTS<br>FROM|||||||||
|Donations<br>and legacies|||2a|77,267|449,265||526,532|235,932|
|Church<br>activities|||2b|21,902|||21,902|26,772|
|Activities for generating||funds|2c|4,467|||4,467|4,290|
|Investment<br>income|||2d|33,794|880||34,674|35,506|
|TOTAL||||137,430|450,145||587,575|302,500|
|EXPENDITURE ON|||||||||
|Raising funds|||3a||||||
|Church activities|||3b|247,428|449,265||696,693|367,554|
|TOTAL||||247,428|449,265||696,693|367,554|
|(LOSSES)/GAINS|ON||||||||
|INVESTMENTS|||8|103,845|4,295|58,376|166,516|79,162|
|(EXPENDITURE)/NET||INCOME||(6,153)|5,175|58,376|57,398|14,108|
|TRANSFERS BETWEEN FUNDS|||11||||||
|NET MOVEMENT|OF FUNDS|||(6,153)|5,175|58,376|57,398|14,108|
|RECONCILIATION|OF|FUNDS:|||||||
|BALANCE BROUGHT||FORWARD||82,536|33,564|1,121,847|1,237,947|1,223,839|
|BALANCE CARRIED FORWARD||||76,383|38,739|1,180,223|1,295,345|1,237,947|





## 

## 

|31 DECEMBER 202|1||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|||||Unrestricted|Restricted|Endowment|Total|Total|
|||||Funds|Funds|Funds|Funds|Funds|
||||Note|F|6|E|E|5|
|FIXEDASSETS|||||||||
|Investment<br>assets|||8|110,813|35,497|1,180,223|1,326,533|1,250,017|
|CURRENT ASSETS|||||||||
|Debtors||||5,422|||5,422|3,708|
|Cash at bank and|in hand|||10,381|3,242||13,623|2,361|
|||||15,803|3,242||19,045|6,069|
|LIABILITIES:AMOUNTS||FALLING|||||||
|DUE WITHIN ONE YEAR|||10|(50,233)|||(50,233)|(18,139)|
|NET CURRENT ASSETS||||(34,430)|3,242||(31,188)|(12,070)|
|TOTAL NET ASSETS||||76,383|38,739|1,180,223|1,295,345|1,237,947|
|PARISH FUNDS|||||||||
|Unrestricted|||11|76,383|||76,383|82,536|
|Restricted|||11||38,739||38,739|33,564|
|Endowment|||11|||1,180,223|1,180,223|1,121,847|
|||||76,383|38,739|1,180,223|1,295,345|1,237,947|



## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

|2.|INCOME AND ENDOWMENTS|INCOME AND ENDOWMENTS|INCOME AND ENDOWMENTS|FROM|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2021|2020|
||||||Unrestricted||Restricted|Endowment|Total|Total|
|||||||Funds|Funds|Funds|Funds|Funds|
|||||||F|F|F||E|
|2a.|Donations<br>and legacies||||||||||
||Planned<br>giving:||||||||||
||Gift aid donations|||||36,329|||36,329|41,542|
||Income tax recoverable|||||10,990|||10,990|5,635|
||Other planned<br>giving||||||||||
||Collections at all services|||||7,063|||7,063|3,002|
||Grants|||||17,000|449,265||466,265|151,944|
||Donations,<br>appeals, etc.|||||5,885|||5,885|15,331|
||Legacies|||||||||18,478|
|||||||77,267|449,265||526,532|235,932|
||Grants received,<br>included||in the|above|are|as follows.|||||
||The National<br>Heritage|Lottery Fund|||||||378,740|151,032|
||Listed Place ofWorship||||||||70,525|912|
||Allchurches<br>Trust||||||||17,000||
||||||||||466,265|151,944|
|2b.|Church activities||||||||||
||Church<br>halls lettings etc.|||||1,675|||1,675|12,256|
||Church<br>lettings etc.|||||5,717|||5,717|8,254|
||Fees|||||14,510|||14,510|6,009|
||Magazines|||||||||253|
|||||||21,902|||21,902|26,772|
|2c.|Activities for generating||funds||||||||
||Fetes, Bazaars, other fund||raising events|||4,467|||4,467|4,190|
||Magazines<br>(advertising|fees)|||||||||
||Stewardship|||||||||100|
|||||||4,467|||4,467|4,290|
|2d.|Income from investments||||||||||
||Dividends<br>and interest|||||33,794|880||34,674|35,506|
||TOTAL|||||137,430|450,145||587,575|302,500|





## 


|3.|EXPENDITURE ON||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|||||Unrestricted|Restricted|Endowment|Total|Total|
|||||Funds<br>K|Funds|Funds<br>6|Fundsf|Funds<br>6|
|3a.|Raising funds||||||||
||Fetes, Bazaars, other fund|raising events|||||||
|3b.|Church activities||||||||
||Missionary<br>and charitable|giving|||||||
||Home missions<br>and other|Church|Societies||||||
||Ministry<br>-diocesan and deanery<br>- other ministry costs||quotas|77,783<br>5,316|||77,783<br>5,316|86,377<br>7,852|
||Churches - running<br>expenses|||21,312|||21,312|30,146|
||- maintenance|||106,988|449,265||556,253|203,709|
||Sunday school and youth|work||197|||197|250|
||Parish magazines<br>and bookstall||||||||
||Church<br>Halls<br>—running<br>costs||||||||
||Organists<br>and choirs|||10,760|||10,760|9,495|
||Grants payable||||||||
|||||222,356|449,265||671,621|337,829|
||Analysis ofgrants payable||||||||
||Grants to institutions||||||||
||St Mary's Church Portsea|Music|Foundation||||||
|3c.|Support costs<br>Secretarial services|||19,774|||19,774|20,260|
||Printing<br>and stationery|||2,055|||2,055|3,746|
||Renewal<br>ofoffice equipment|||(684)|||(684)|1,631|
||Legal &professional<br>fees|||927|||927|1,004|
||Independent<br>Examination|fees||3,000|||3,000|3,084|
|||||25,072|||25,072|29,725|
||TOTAL|||247,428|449,265||696,693|367,554|





## 

## 

|Supportcosts|||||
|---|---|---|---|---|
|||Management|Governance|Total|
||||(note 5)||
||||6||
|Secretarial services||19,774||19,774|
|Printing<br>and stationery||2,074||2,074|
|Renewal ofoffice equipment||(684)||(684)|
|Copyright<br>licences<br>Independent<br>Examination|fees|927|3,000|927<br>3,000|
|||22,072|3,000|25,072|



|5.|Governance|costs|||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|Total|Total|
|||||Fund<br>F|Funds<br>E|Funds<br>E|2021f|2020<br>f.|
||Independent|Examination|fees|3,000|||3,000|3,084|
|||||3,000|||3,000|3,084|
||||||||2021|2020|
||||||||6|6|
|6.|STAFF COSTS||||||||
||Wages and salaries||||||26,239|22,318|
||Social security costs||||||||
||||||||26,239|22,318|





## 

|COMPARATIVES FOR|THE STATEMENT O|F FINANCIAL ACTIVI|TIES|||
|---|---|---|---|---|---|
||||||2020|
|||Unrestricted|Restricted|Endowment|Total|
|||Funds<br>6|Funds<br>f|Funds<br>F|Funds<br>6|
|INCOME AND||||||
|ENDOWMENTS<br>FROM||||||
|Donations<br>and legacies||84,900|151,032||235,932|
|Church<br>activities||26,772|||26,772|
|Activities for generating|funds|4,290|||4,290|
|Investment<br>income||34,656|850||35,506|
|TOTAL||150,618|151,882||302,500|
|EXPENDITURE ON||||||
|Raising funds||||||
|Church<br>activities||216,522|151,032||367,554|
|TOTAL||216,522|151,032||367,554|
|GAINS/(LOSSES)<br>ON||||||
|INVESTMENTS||6,293|1,952|70,917|79,162|
|NET INCOME/(EXPENDITURE)||(59,611)|2,802|70,917|14,108|
|TRANSFERS BETWEEN FUNDS||||||
|NET MOVEMENT OF FUNDS||(59,611)|2,802|70,917|14,108|
|RECONCILIATION<br>OF|FUNDS:|||||
|BALANCE BROUGHT|FORWARD|142,147|30,762|1,050,930|1,223,839|
|BALANCE CARRIED FORWARD||82,536|33,564|1,121,847|1,237,947|





## 

|8.|INVESTMENTS||||||||
|---|---|---|---|---|---|---|---|---|
|||||2020||||2021|
||||Historical|Market|||Unreahsed|Market|
||||Costf|Valuef|Additionsf|Disposals<br>f|Gams<br>f|Valuef|
|24,222<br>COIF Income Shares|||19,994|436,272|||61,170|497,442|
|179|COIF Income Shares||1,343*|3,230|||451|3,681|
|CBF Investment<br>Fund|||||||||
|35,241<br>16|Income Shares<br>Income Shares||369,751<br>115*|809,323<br>328||(90,000)|104,860<br>46|824,183<br>374|
|375|Fixed Interest Shares||396|636|||-44|592|
|11|Charibond<br>Shares||135|228|||33|261|
||||391,735 1,250,017|||(90,000)|166,516|1,326,533|
||Money deposited<br>at CBF||||||||
||||391,735 1,250,017|||(90,000)|166,517|1,326,533|
||"Value at 1st January 1996||||||||
|9.|DEBTORS|||||2021f||2020f|
||Income Tax recoverable||||||||
||Other debtors|||||5,422||6,661|
|||||||5,422||6,661|
|10.|LIABILITIES:AMOUNTS|FALLING DUE WITHIN ONE YEAR||||2021<br>F.||2020f|
||Deposits received<br>in advance||||||||
||Other creditors|||||50,233||12,162|
|||||||50,233||12,162|





## 

## 

|MOVEMENT OF FU|NDS|NDS||||||
|---|---|---|---|---|---|---|---|
||Balance at<br>01.01.2021f||Incoming<br>resources<br>F|Resources<br>Expended<br>f|Investment<br>Transfers<br>gains<br>f<br>f||Balance at<br>31.12.2021<br>F|
|Unrestricted||||||||
|General Funds||||||||
|—Parish||1,650|34,619|(146,520)|265|90,000|(19,986)|
|—St Mary's Church||(31,793)|68,318|(80,669)|(175)||(44,319)|
|-St Wilfrid's<br>Church||(514)|8,060|(12,370)|(90)|570|(4,344)|
|—Sl Faith's Church<br>Parish Contingency||79,201|9,233|(7,672)||11,502<br>917|92,264<br>917|
|Clergy Housing<br>Repair<br>Fund||5,177|||||5,177|
|Crasswell<br>Street Fund||98||||14|112|
|St Mary's Church||||||||
|-CHA Fundraising||3,800|||||3,800|
|—Bell Tower Fund||3,981|||||3,981|
|-Youth Work Legacy||1,478|||||1,478|
|StWilfrid's<br>Mission|Church|||||||
|-Young Families Legacy||17,000|17,200|(197)|||34,003|
|St Faith's Mission Church||||||||
|- Minibus<br>Fund||||||842|3,300|
|||82,536|137,430|(247,428)||103,845|76,383|
||Balance at<br>01.01.2021||Incoming<br>resources<br>F|Resources<br>Expended<br>f|Investment<br>Transfers<br>gains<br>f<br>f||Balance at<br>31.12.2021<br>f|
|Restricted||||||||
|Charitable<br>Giving||40|||||40|
|Drake Bequest||15,066|346|||1,688|17,100|
|National<br>Lottery Heritage|||378,740|(378,740)||||
|Listed Places ofWorship|||70,525|(70,525)||||
|St Mary's Church||||||||
|—Assistant<br>Organist|Grant|231|||||231|
|- Flower Fund||||||||
|St Wilfrid's Mission|Church|||||||
|- Restoration<br>8 Maintenance||||||||
|Fund||856|||||856|
|St Faith's Mission Church||||||||
|- Minibus<br>Fund||16,834|534|||2,607|19,975|
|—Organ<br>Fund||537|||||537|
|||33,564|450,145|(449,265)||4,295|38,739|
||Balance at<br>01.01.2021f||Incoming<br>resources<br>f|Resources<br>Expended<br>f.|Investment<br>Transfers<br>gains<br>f<br>f.||Balance at<br>31.12.2021f|
|Endowment||||||||
|Trust Funds and Bequests 1,121,847||||||58,376|1,180,223|





## 

|||Balance at|Balance at|Incoming|Resources|Investment|Investment|Balance at|
|---|---|---|---|---|---|---|---|---|
|||01.01.2020||resources|Expended|Transfers|gains|31.12.2020|
||||E||6|6|E|F|
|Unrestricted|||||||||
|General Funds|||||||||
|- Parish|||21,643|41,290|(50,929)|(10,354)||1,650|
|-St Mary's<br>Church|||(15,690)|61,532|(127,454)|49,819||(31,793)|
|-St Wilfrid's<br>Church|||2,891|19,392|(22,982)|(74)|256|(514)|
|-St Faith's Church<br>Parish Contingency|||79,203<br>33,560|9,926|(15,157)|(33,977)|5,229<br>417|79,201|
|Clergy Housing<br>Fund|Repair||5,177|||||5,177|
|Crasswell<br>Street|Fund||93|||||98|
|StMary's Church|||||||||
|—CHA Fundraising|||9,214|||(5,414)||3,800|
|- Bell Tower Fund|||3,981|||||3,981|
|—Youth Work Legacy||||1,478||||1,478|
|StWilfred's<br>Mission||Church|||||||
|-Young Families|Legacy|||17,000||||17,000|
|StFaith's Mission Church|||||||||
|- Minibus<br>Fund|||2,075||||383|2,458|
||||142,147|150,618|(216,522)||6,293|82,536|
|||Balance at||Incoming|Resources|Investment||Balance at|
|||01.01.2020||resources|Expended|Transfers|gains|31.12.2020|
||||F|F||6|E||
|Restricted|||||||||
|Charitable<br>Giving|||40|||||40|
|Drake Bequest|||13,965|334|||767|15,066|
|National<br>Lottery|Heritage|||151,032|(151,032)||||
|StIlary's Church|||||||||
|-Assistant<br>Organist||Grant|231|||||231|
|- Flower Fund|||||||||
|StWilfrid's<br>Mission||Church|||||||
|- Restoration<br>& Maintenance|||||||||
|Fund|||856|||||856|
|St Faith*s Mission Church|||||||||
|- Minibus<br>Fund|||15,133|516|||1,185|16,834|
|-Organ Fund|||537|||||537|
||||30,762|151,882|(151,032)||1,952|33,564|
|||Balance at<br>01.01.2020||Incoming<br>resources|Resources<br>Expended|Investment<br>Transfers<br>gains||Balance at<br>31.12.2020|
||||F|F|6|F|E|6|
|Endowment|||||||||
|Trust Funds and|Bequests1,||050,930||||70,917|1,121,847|





## 

## 

## 

##