||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|7|
|Independent
Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet|||10||
|Notes to the Financial Statements||11|to|19|
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|for the Year Ended 3|1December|2021||||||
|---|---|---|---|---|---|---|---|
|||||||31.12.21|31.12.20|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|||||
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||246,097||246,097|261,244|
|Other trading activities||||20,644||20„644|10,501|
|Investment
income||||45,743||45,743|43,497|
|Total||||312,484||312„484|315,242|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Church work||||278,290|2,954|281,244|384,521|
|NET INCOME/(EXPENDITURE)||||34,194|(2,954)|31,240|(69,279)|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought forward||||542,037|18,300|560.337|629,616|
|TOTAL FUNDS CARRIED FORWARD||||576,231|15„346|591,577|560,337|
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|Balance Sheet
31December 2021||||||
|---|---|---|---|---|---|
|||||31.12.21|31.12.20|
|||Unrcstri cted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible
assets|12|376,343||376,343|379,391|
|CURRENT ASSETS||||||
|Debtors|13|23,974||23,974|28,440|
|Cash at bank and in hand||191,6S2|15,346|207,028|157,879|
|||215„656|15,346|231,002|186.319|
|CREDITORS||||||
|Amounts
falling due within one year|14|(15,768)||(15,768)|(5,373)|
|NET CURRENT ASSETS||199,888|15,346|215,234|180„946|
|TOTAL ASSETSLESSCURRENT|LIABILITIES|576,231|15,346|591,577|560,337|
|NET ASSETS||576,231|15,346|591,577|560,337|
|FUNDS|15|||||
|Unrestricted
funds||||576,231|542,037|
|Restricted funds||||15,346|18,300|
|TOTAL FUNDS||||591,577|560,337|
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|DONATIONS
AND|LEGAC|IES|||
|---|---|---|---|---|
||||31.12.21|31.12.20|
|Donations|||198,045|206,514|
|Gift aid tax recovered|||47,552|51,730|
|Legacies|||500|3,000|
||||246,097|261,244|
|Donations
received, included||in the above, are as follows:|||
||||31.12.21|31.12.20|
|Donations
by standing|order||84,689|92,046|
|Gift Aid envelopes|||2,021|2,074|
|Open plate service collections|||3,987|2,849|
|Sundry donations|||107.348|108,280|
|Restricted Funds income||||1,265|
||||198,045|206,514|
|OTHER TRADING|ACTIVITIES||||
||||31.12.21|31.12.20|
|Fundraising||||(84)|
|Church hall lettings|||19,514|10,338|
|Fees|||1,130|247|
||||20,644|10,501|
|INVESTMENT INCOME|||||
||||31.12.21|31.12.20|
|Rents received|||45,665|42,701|
|Interest receivable|||78|796|
||||45,743|43,497|
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||||||||||Grant|||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||funding of|||
|||||||||Direct|activities|Support||
|||||||||Costs (see|(see note|costs (see||
|||||||||note 6)|7)|note 8)|Totals|
||Church|work||||||226 272|26,208|28,764|281,244|
|6.|DIRECT COSTS OF||||CHARITABLE||ACTIVITIES|||||
|||||||||||31.12.21|31.12.20|
||Trustees'|remuneration|||etc|||||10,500|10,500|
||Staff costs|||||||||23,577|21,886|
||Contribution||to|the Diocesan Common|||Fund|||115,000|115,000|
||Church|services||and music||||||5,863|2,643|
||Clergy expenses|||||||||1,660|2,815|
||Clergy house|||||||||23,007|23,499|
||Church|running||expenses||||||12,363|13,761|
||Church|maintenance||||||||29,263|118,287|
||Gas, water and|||electric||||||5,039|5,980|
||Publicity||||||||||4|
|||||||||||226 272|314,375|
|7.|GRANTS PAYABLE|||||||||||
|||||||||||31.12.21|31.12.20|
||Church|work||||||||26,208|14,070|
||The total grants|||paid to|institutions|during the year was||as follows:||||
|||||||||||31.12.21|3L12.20|
||XLP|||||||||2„141|2.500|
||Medcare||||||||||785|
||C4WS|||||||||2,141|2,500|
||CARIS|||||||||2,641|3,285|
||Kirima Limited|||||||||2,141|2,500|
||Zimbabwe
Victims Fund|||||||||2,141|2,500|
||HNCC|||||||||9,267||
||Christain|Aid||||||||1,600||
||The Church
Urban Fund|||||||||1,600||
||The Coleridge||Trust|||||||2,536||
|||||||||||26,208|14,070|
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||||||||||Governance||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Management|Finance|costs|Totals|
||||||||f||||
|Church work|||||||27,889|155|720|28,764|
|Support costs, included|||in the above, are as|||follows:|||||
||||||||||31.12.21|31.12.20|
||||||||||Church|Total|
||||||||||work|activities|
|Wages|||||||||2,539|11,498|
|Printing,
stationery,|telephone|||and|internet||||12,761|13,859|
|Redundancy||||||||||24,000|
|Depreciation oftangible|||and heritage assets||||||122.589|5,726|
|Bank charges|||||||||155|273|
|Independent
examination|||||||||720|720|
||||||||||28,764|56,076|
|TRUSTEES' REMUNERATION|||||AND BENEFITS||||||
||||||||||31.12.21|31.12.20|
|||||||||||f.|
|Trustees' salaries|||||||||10,500|10,500|
|Mr P Dean received|f,10,500|||as remuneration||for the services provided||as Director ofMusic.|He is also a|trustee.|
|Trustees'
expenses|||||||||||
|There were no trustees'|||expenses paid for the year||||ended 31 December|2021 nor for the year|ended 31 December 20!~ i
n~h r||
|than clergy expenses.|||||||||||
|STAFF COSTS|||||||||||
|The average monthly|number|||ofemployees||during|the year was as follows:||||
||||||||||31.12.21|31.12.20|
|Employees|||||||||1|2|
|No employees
received|||emoluments||in excess otf60,000.||||||
|Staffcosts, included|in|the above,|||are as follows:||||||
||||||||||31.12.21|31.12.20|
|Direct charitable
expenditure|||||||||||
|Youth worker|||||||||14,958|15.886|
|Organists
and choir|||||||||19,119|16,500|
|Support costs|||||||||||
|Parish administrator||(Key management)|||||||2,539|11.498|
|Termination
payment|||(for parish||administrator)|||||24.000|
||||||||||36,615|67,884|
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|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|INCOME AND ENDOWMENTS|FROM||||
|Donations
and legacies||259,979|1,265|261,244|
|Other trading activities||10,501||10,501|
|Investment
income||43,497||43,497|
|Total||313,977|1,265|315,242|
|EXPENDITURE ON|||||
|Charitable
activities|||||
|Church work||384,061|460|384,521|
|NET INCOME/(EXPENDITURE)||(70,084)|805|(69,279)|
|Transfers
between funds||56,968|(56,968)||
|Net movement
in funds||(13,116)|(56,163)|(69,279)|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought
forward||555,153|74,463|629,616|
|TOTAL FUNDS CARRIED FORWARD||542,037|18,300|560,337|
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|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
|||Improvements|||
||Freehold|to|Office||
||property|property|equipment|Totals|
|COST|||||
|At I January 2021
Additions|182,464|193,021
6,540|45,337
3,000|420,822
9.540|
|At 31 December 2021|182,464|199,561|48,337|430,362|
|DEPRECIATION|||||
|At I January 2021
Charge for year||2,145
6,579|39„285
6,010|41,430
12,589|
|At 31 December 2021||8,724|45,295|54,019|
|NET BOOK VALUE|||||
|At 31 December 2021|182,464|190,837|3,042|376,343|
|At 31 December 2020|182,464|190,876|6,052|379,392|
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|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|---|---|---|
||31.12.21|31.12.20|
|Other debtors
Gift Aid|3,204
20,770|6,208
2,232|
||23,974|28,440|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
||31.12.21|31.12.20|
|Other creditors
Accrued expenses|2,737
13,031|4,623
750|
||15,768|5,373|
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|MOVEMEN|T
IN FUNDS||||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
|||At|1.1.21|in funds|funds|31.12.21|
|Unrestricted|funds||||||
|General fund||162,646||46,783|(9,541)|199,888|
|Fixed assets|reserve|379,391||(12,589)|9,541|376,343|
|||542,037||34,194||576,231|
|Restricted funds|||||||
|Embroidery|legacy||1,018|||1,018|
|Clock legacy||13,397||(418)||12,979|
|Memorial
garden fund|||64|||64|
|Coleridge fund|||2,536|(2,536)|||
|Hope window
fund|||1,285|||1,285|
|||18,300||(2,954)||15,346|
|TOTAL FUNDS||560,337||31,240||591,577|
|Net movement
in funds, included||in the above are as follows:|||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|Unrestricted|funds||||||
|General fund||||312,484|(265,701)|46,783|
|Fixed assets|reserve||||(12e589)|(12,589)|
|||||312,484|(278„290)|34,194|
|Restricted funds|||||||
|Clock legacy|||||(418)|(418)|
|Coleridge fund|||||(2,536)|(2,536)|
||||||(2,954)|(2,954)|
|TOTAL FUNDS||||312,484|(281,244)|31,240|
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|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.1.20|in funds|funds|31.12.20|
|Unrestricted
funds|||||||
|General fund
Fixed assets reserve|||340,314
214,839|(64,358)
(5,726)|(113,310)
170„278|162,646
379,391|
||||555,153|(70,084)|56,968|542,037|
|Restricted funds|||||||
|Church
refurbishment|fund||56,967||(56,967)||
|Embroidery
legacy|||1,018|||1,018|
|Clock legacy|||13,397|||13,397|
|Memorial
garden fund|||465|(400)||64|
|Coleridge fund|||2,566|(30)||2,536|
|Hope window
fund|||50|1,235||1„285|
||||74,463|805|(56,968)|18,300|
|TOTAL FUNDS|||629,616|(69,279)||560,337|
|Comparative
net movement||in funds, included|in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|Unrestricted
funds|||||||
|General fund
Fixed assets reserve||||313,977|(378,335)
(5,726)|(64,358)
(5,726)|
|Restricted funds||||313,977|(384,061)|(70,084)|
|Memorial
garden fund
Coleridge fund
Hope window
fund||||30
1,235|(430)
(30)|(400)
(30)
1,235|
|||||1,265|(460)|805|
|TOTAL FUNDS||||315,242|(384.521)|(69,279)|
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