Church of the Good Shepherd, Brighton
Charity Registered Number - 1131188
Annual Report and Financial Statements of the Parochial Church Council
For the year ended 31[st] December 2021
Vicar The Revd. Dr Felix Mascarenhas 272 Dyke Road BRIGHTON BN1 5AE
Banks Santander UK plc and Barclays Bank plc
Independent Examiner Mr S Brentnall, FCIE 1 Meadow View Cottages Town Littleworth Cooksbridge LEWES BN8 4TH
The web site of this Church is www.goodshepherdbrighton.org.uk
_Page 1 of 27 Registered Charity 113188_
Parochial Church Council of the Church of the Good Shepherd, Brighton
|Contents
Annual Report
Report of the Independent Examiner
Statement of Financial Activities
Balance Sheet
Accounting Policies
Notes to the Financial Statements
Statement of Cash Flows
10 Year History of Selected Items of Income and Expenditure|Page No|
|---|---|
||
3
10
11
12
13
16 – 26
18
27|
_Page 2 of 27 Registered Charity 113188_
## Parochial Church Council of the Church of the Good Shepherd, Brighton
## Annual Report for 2021
## Administrative Information
The Church of the Good Shepherd is situated in Dyke Road, Brighton. It is an independent charity and a part of the Diocese of Chichester within the Church of England. All correspondence should be addressed to the Incumbent, the Reverend Dr Felix Mascarenhas, at The Vicarage, 272 Dyke Road, Brighton, BN1 5AE.
During the year the following served as members of the Parochial Church Council (PCC) and as Trustees:
_Vicar:_ The Revd. Dr Felix Mascarenhas – _Chairman Assistant Vicar:_ The Revd. Dr Mathew Philip _Reader:_ Mr Michael Miller _Church Wardens:_ Mrs Sarah Thomas - _Vice Chairman_ Mrs Patricia Jackson _Deputy Church Wardens:_ Mrs Hilary Morfitt [retired May 2021] Mr Paul Cripps [from May 2021] Mr Martin Cruttenden
_Representatives on the Deanery Synod:_
Mr Martin Cruttenden Mr Errol Ganpatsingh [from May 2021] Ms Pauline Grimstone Mr Michael Miller
## _Elected members:_
Ms Yaa Asare [from May 2021] Mr Richard Aynsley-Smith Mrs Honor Banerjee [retired May 2021] Ms Jennifer Coulthard Mr Paul Cripps Mr David Foulds [retired May 2021] Ms Louise Hotchkiss [from May 2021] Mrs Marian Hughes [from May 2021] Mrs Pat Hunter Mrs Christine James Ms Sheena Richardson Mrs Sarah Thomas Ms Augustina Tetsola
The following members of the PCC retired in May 2021
Mrs Honor Banerjee Mr David Foulds Mrs Christine James Mrs Hilary Morfitt Ms Sheena Richardson
_Page 3 of 27 Registered Charity 113188_
The following members of the congregation were co-opted to the PCC from June 2021
Mrs Christine James Ms Sheena Richardson
## Aims and Purposes
The primary aim of the PCC of Church of the Good Shepherd (in the city of Brighton & Hove) is to promote the work of the Church of England in the parish. The national mission of the church – pastoral, evangelical, social and ecumenical – is the responsibility of the PCC and in co-operation with the incumbent, the Revd. Dr Felix Mascarenhas, uses the parish structure effectively to achieve this and in doing so it provides a benefit to the public by
- Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development for all who wish to benefit from what the Church offers.
- Provide practical support and care for people in the parish regardless of faith and irrespective of need and/or ability to pay.
- The promotion of Christian values and service by members of the Church, within and outside their local community, to the benefit of individuals and society as a whole.
Additional current objectives agreed by the PCC/Trustees include:
In 2021 and subsequent years, the PCC hopes to build on the initiatives undertaken in previous years in furtherance of its stated objectives. The mission action plan for 2021 includes the following –
- To continue the preliminary work for the celebration of the centenary of the establishment of the Good Shepherd during the years 2022 and 2023.
- Renew and commit additional effort to reach out to children – within and without the parish - in particular the re-starting of a Kidz Klub in autumn 2021.
- To return the traditional cycle of activities in the parish to what they were pre Covid 19 and The Good Shepherd will hope to hold its Patronal Festival in June 2021. This week-long celebration will embrace religious services, a Family Fun Day and many other activities.
- Subject to regulatory approval and funding being available it is hoped the weathervane and cockerel will be reinstated in 2021.
In working to achieve these objectives, the PCC has initiated and continued the following activities during the year
In 2021 for the second year running every aspect of church life has been impacted by the pandemic – Covid 19 – though not as extensively as in 2020 with the lockdown only lasting for the first quarter of the year. On the downside only 3 bell ringers could be found when the church re-opened and the annual Patronal Festival was cancelled for a second year however the Christmas Tree Fair/Festival did take place. The Artists Open House show restarted albeit on a reduced scale. When the church was opened social distancing rules were applied and the choir and congregational singing were reintroduced as and when allowed. During the lockdowns neither the church nor the church hall was available for hire and/or use by voluntary bodies such as the Brownies; these closures had an impact on the church’s finances.
The PCC sponsored Patricia Jackson to train for the Authorised Lay Ministry. Margy Weir stepped down from leading the Pastoral Care Group and was succeeded by Bridget Westerman. The parish is very grateful to Margy Weir for her hard work over many years.
The curtailment of the use of the church in the first quarter meant that virtual services continued and even when the church re-opened, they have still been broadcast it being important for those members of the congregation
_Page 4 of 27 Registered Charity 113188_
(and visitors) who cannot physically attend church. The current equipment is somewhat aged and beset by occasional technical problems and its replacement is being actively considered. Thus, continuity of worship and a sense of community has been maintained. For those who are unable to cope with the technology the Vicar and others in the congregation have kept in touch and supported and helped those concerned by more traditional methods notwithstanding the rules and regulations constraining this activity.
This outcome reflects a lot of hard and additional work by the Clergy, Reader and many members of the congregation. The parish is immensely grateful to all involved.
The use of software allowing virtual services has extended to many other aspects of church life; prayer and discussion groups have been continued and in the autumn the course ‘Living in Love and Faith’ was held. Meetings of the PCC, standing committee and sub-committees (when needed) have been via the internet. It should also be recorded that the Annual Meeting of Parishioners and APCM were virtual meetings (by Zoom).
The church has continued to sponsor, from its Youth Fund, two students from the Young Actors Group, who otherwise could not have participated. With the recommencement of fund raising and following a successful Christmas Fair and Silent Auction monies were raised to support three charities, British Red Cross (international), Emmaus (national) and Team Dominica (local).
When possible, during the year donated goods are taken to the local Brighton Food Bank, which is run, by Hove City Mission.
With the help of another local charity (Kidz Klub Brighton and Hove) the Good Shepherd re-started the club for young children (aged between 7 and 11) on a Friday evening in the autumn; this was only partially successful, and it was temporarily suspended until post- Christmas of the year when it will be relaunched. Given the time and resource given to this and the pandemic impact the sense of disappointment amongst the congregation at this outcome is almost tangible.
The taking of communion to parishioners – in their homes or to those residents in care homes has had to cease during the pandemic; neither has it been possible to hold carol singing sessions at several local care homes.
The hall and church facilities are offered free to charities and voluntary groups such as the Brownies and McMillan Nurses when able to in 2021.
The PCC is very grateful for the unpaid and continuing hard work of its many volunteers who are involved at every level in activities of the church – often amounting to hundreds of hours.
## Achievements and Performance
## Church Attendance
There are currently 124 (101 in 2020) parishioners on the Church Electoral Roll, of whom about one third are not resident within the parish boundaries. The average weekly attendance was 70 but this number increased at festivals.
## Review of the year
- (i) The full PCC met four times during 2021. Committees and sub committees met between meetings and reports of their deliberations were received by the full PCC and discussed where necessary.
|Attendance at PCC Meetings|Attendance at PCC Meetings|Attendance at PCC Meetings|Attendance at PCC Meetings|
|---|---|---|---|
||(i)|(ii)|(iii)|
|||||
|The Revd. Dr Felix Mascarenhas|4|4|All committees|
|The Revd. Dr PhilipMathew|4|3|(a), (b), (d), (f), (i)and(k)|
|Mr Michael Miller|4|3|(a), (b), (i)and(k)|
|Ms Yaa Asare|2|1||
_Page 5 of 27 Registered Charity 113188_
|Mr Richard Aynsley-Smith|4|4|(a) and(c)|
|---|---|---|---|
|Mrs Honor Banerjee|2|-||
|Ms Jennifer Coulthard|4|3||
|Mr Paul Cripps|4|4|(b)|
|Mr Martin Cruttenden|4|4|(a), (b) (c)and(k)|
|Mrs Elizabeth Davies|4|4|(g)|
|Mr David Foulds|2|1|(c)|
|Mr Errol Ganpatsingh|2|2|(i)|
|Ms Pauline Grimstone|4|-|(k)|
|Ms Louis Hotchkiss|2|2|(k)|
|Mrs Marian Hughes|4|3||
|Mrs Pat Hunter|4|4|(k)|
|Mrs Christine James|4|4|(a) (c)and(k)|
|Ms Patricia Jackson|4|4|(a), (d) (g)and(k)|
|Mrs HilaryMorfitt|2|2|(a)and(b)|
|Ms Sheena Richardson|4|4|(c)|
|Ms Augustina Tetsola|4|3|(d)|
|Mrs Sarah Thomas|4|4|(a), (b) (f)and(k)|
Notes to Table
- (i) Maximum attendance possible
- (ii) Actual Attendance
- (iii) Membership of Sub Committees
- (a) Standing (b) Worship (c) Fabric (d) Safeguarding (e) GS Festival and Fundraising (f) Mission, Outreach and Publicity (g) Social (h) Health and Safety (i) Pastoral (k) Centenary
_Other non-PCC members of the congregation also sit, by invitation, on the sub committees._
- (ii) During the year 7 funeral services were held – 5 at the crematoria and 2 in church. There was one wedding service and a Service of Blessing held in the church in 2021. 2 baptism services were also held in the year.
- (iii) The parish MAP was reviewed by the PCC during the year.
- (iv) The Church, when open in 2021, was being used daily by both voluntary and non-voluntary organisations.
- (v) Work on the restoration of weather/vane and cockerel for the bell tower restarted in late 2021 and scaffolding has now been erected to the height of the bell tower.
- (vi) Communication with homes in the parish (circa 3,300) was maintained by the distribution of a newsletter/card at Christmas, Easter and Harvest Festival.
- (vii) The Mission Action Plan for 2021 included the following objectives most of which have been met –
- (a) To debate and action where possible ideas for the diocesan strategy.
- (b) To continue the preliminary work for the celebration of the centenary of the establishment of the Good Shepherd. Frequent meetings involving many members of the congregation have planned a number of
_Page 6 of 27 Registered Charity 113188_
services, an exhibition, concerts, the publication of a centenary book to name but four activities and it is hoped to have a celebratory event every month of the year that follows.
- (d) To try and develop new ideas for children/younger persons to which end a Kidz Klub (on Sunday evenings) will be starting again in late 2021.
## Financial Review
- (i) In 2021 the overall surplus – across all funds was £27,652 (£16,011 in 2020) _._ The church’s general fund had an overall net deficit of £12,485. Transfers from other funds will meet this shortfall.
- (ii) Notwithstanding the physical closure of the church and church hall in quarter 1 income from hiring these buildings returned close to pre pandemic levels. Open plate collections partially recovered from the 2020 low but are only at 50% of those given in 2019. Expenditure was flat – largely due to the PMC being unchanged from 2020.
- (iii) The PCC is very grateful to the members of the congregation who donated over and above their normal level of giving to meet the shortfall of income resulting from the church’s closure. This allowed along with the same overall cost as the previous year for the deficit on the General Fund to be kept to manageable proportions.
- (iv) £15,000 (plus gift aid) was given to the church to allow the restoration of the weathervane/cockerel; this is classified as a restricted donation.
- (v) The church was notified by the executors of Jacynth Sanders estate that she had a left the Good Shepherd a legacy of £10,000; the PCC has agreed that this money will be predominantly used to replace the sound system in the church.
- (vi) The Centenary Fund received donations just shy of £3,000.
- (vii) The largest single item of expenditure in 2021 was the sum £74,300 paid to the Diocese to cover our parish ministry costs. This covers the cost of stipend, housing and pension costs of the parish priest, a standard sum for diocesan central costs, clergy training and a contribution to national church funds. In 2022 this parish has been asked for and will do its utmost to meet the Diocesan request for its allocated parish contribution – £76,697.
- (viii) Material expenditure in 2021 on fabric includes –
- Repairs to Vicarage decking - £1,011.
- Repairs to the Hall flat roof - £1,195.
- A new central heating boiler and radiators in Reigate Road cost £5,033.
- (ix) Fund raising in 2021 for the church itself and third-party charities was curtailed in the early part of the year; however, the Christmas Fair and silent auction raised approximately £3,665.
- (x) Full details of the parish’s income and expenditure are to be found in the financial schedules – on pages 11 to 26 and on page 27 there is a 10-year schedule of selected items of income and expenditure.
## Reserve Policy
- (i) It is PCC policy to maintain a reserve on the unrestricted funds sufficient to meet up to approximately 12 months of this parish’s liabilities and commitments; at the end of 2021 only just over 70% of the reserves were available and the PCC acknowledge that this shortfall needs to be monitored.
- (ii) The standing committee reviewed all the unrestricted fund balances in 2021 and satisfied themselves that these balances are held for known future expenditure and/or until events outside the control of the Trustees are resolved and/or that the balances were too small to be significant and/or material.
_Page 7 of 27 Registered Charity 113188_
- (iii) The PCC agreed that the deficit on the General Fund would be covered by transfers from the Church Fabric (designated) Fund, The Hall Fund and Reigate Road Fund.
- (iv) The original expenditure having been capitalised the movement in the candle display case, chair and boiler funds reflects the cost of depreciation charged.
- (v) It is PCC policy to invest fund balances with
- Barclays Bank plc
- Santander Bank plc
- CBF Church of England Deposit Fund
- Church of England CIFM Investment Fund
- M + G Charifund Equity Fund.
## Future Plans
- (i) In 2022 and subsequent years, the PCC hopes to build on the initiatives undertaken in previous years in furtherance of its stated objectives. The mission action plan for 2022 includes the following –
- (ii) The frequency and timing of services aimed at occasional worshippers will be kept under review as the Good Shepherd remains committed to draw in more young families from among those who attend church services infrequently. The Kidz Klub will also be relaunched In January 2022.
- (iii) The Good Shepherd will hope to hold its Patronal Festival in June 2022 - at the same time as it starts its centenary celebrations.
- (iv) Work continues on the planning and preparation for the church’s centenary festival in 2022 – in particular involving those groups that hire and/or use the church hall – in such a way that there is a sense of the future as well as a celebration of the past.
- (v) To return the traditional cycle of activities in the parish to what they were pre Covid 19 as well as continuing with new and different activities during this period.
- (vi) To complete the restoration of the weathervane and cockerel.
## Structure, Governance and Management
Membership of the PCC is determined under Church Representation Rules and consists of certain ex-officio members (the Incumbent, Curate, Readers licensed to officiate in the church), the Churchwardens and members of the Deanery, Diocesan or General Synods and eleven members of the Church who are elected at the Annual Parochial Church Meeting (APCM). Members of the congregation are warmly encouraged to stand for election to the PCC and we try to ensure a balance of skills and experience where possible.
All meetings post March 2020 were virtual meetings; this was undertaken with the sanction/agreement of Chichester Diocese and the Charity Commission.
The PCC members as Trustees are responsible for a wide range of matters affecting the parish, including worship, mission and outreach as well as compliance with health and safety, disability legislation and safeguarding. In their capacity as trustees, they are also responsible for the stewardship of funds and for appropriate accounting and reporting of the parish finances. The PCC works to ensure that each member of the committees is equipped to fulfil their role. The PCC’s Secretary and Treasurer are elected at the first meeting of the PCC each year. The Churchwardens, Secretary and Treasurer attend courses run by the diocese on their particular work. Regular communications from the diocese keep these officers up to date with changes in church regulations and financial procedures and these are reported to the PCC as appropriate. The PCC is responsible for ensuring that a Disclosure and Barring Service search is conducted on all those who work closely with children and vulnerable adults in the church.
_Page 8 of 27 Registered Charity 113188_
Following a review during 2018 the existing 11 sub-committees were reorganised and reduced to 8 – but now 10. The 10 sub committees that report to the PCC are - Standing Committee, Fabric, Safeguarding, Good Shepherd Festival/Fund Raising, Mission and Outreach, Worship, Health and Safety, Social, Centenary and Pastoral.
## _Standing Committee:_
This is the only committee required by law. It has the power to transact business of the PCC between its meetings, subject to any directions given by the PCC.
## _Worship Committee:_
The Worship sub-committee attends to matters relating to Ministry of the local church to the community and the world, such as ecumenical links, evangelism and the support of mission and relief agencies. Its remit also extends to matters related to church services and liturgical matters etc. Mission and Outreach:
This committee’s remit seeks to involve not only the worshippers of the church but all those who live within the parish boundaries, those who live in the ‘close’ geographic area (not within the parish boundaries) and see the Church of the Good Shepherd as a place of worship and centre of activities that may be of interest to them.
## _Fabric Committee:_
The Fabric committee attends to the management and control of all activities in church properties and matters relating to the stewardship of the church’s assets, such as church buildings and fabric, the church grounds, the church hall and the house at 56 Reigate Road, formerly occupied by a curate.
All the other committees’ activities/remit are defined by the name of the committee _._
## Risk Assessment
A review of the church’s Health and Safety Policy was undertaken in 2018; this policy was discussed and agreed by the PCC and reviewed in 2020.
Signed on behalf of the PCC
Revd. Dr Felix Mascarenhas – Vicar
The web site of this Church is www.goodshepherdbrighton.org.uk
_Page 9 of 27 Registered Charity 113188_
## INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE
## ECCLESIASTICAL PARISH OF THE CHURCH OF THE GOOD SHEPHERD,
## BRIGHTON [Registered Charity 1131188]
I report on the accounts of the Church of the Good Shepherd, Brighton for the year ended 31st December 2021, which are set out on pages 11 to 26.
## Respective responsibilities of the trustees and the examiner
The church’s trustees are responsible for the preparation of the accounts. The church’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the church is eligible for independent examination, it is my responsibility to :-
- examine the accounts under section 145 of the 2011 Act
- to follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the 2011 Act
- to state whether particular matters have come to my attention
## Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’, and the report is limited to those matters set out in the statement below.
## Independent examiner's statement
In connection with my examination, no material matters have come to my attention which give me cause to believe that in any material respect:
- accounting records were not kept in accordance with section 130 of the 2011 Act or
- the accounts do not accord with the accounting records or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirements that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Steve Brentnall FCIE
1 Meadow View Cottages Town Littleworth LEWES
March 21[st] 2022
_Page 10 of 27 Registered Charity 113188_
BN8 4T
|STATEMENT of FINANCIAL ACTIVITIES
For the Year Ended 31stDecember 2021|Note|Unrestricted
Funds|Restricted
Funds|Endowment
Funds|TOTAL FUNDS|TOTAL FUNDS|
|---|---|---|---|---|---|---|
||||||2021|2020|
|INCOME and ENDOWMENTS from:
Donations and Legacies
Charitable Activities
Other Trading Activities
Investments
Other Receipts|_1(a)_
_1(b)_
_1(c)_
_1(d)_|£
94,183
1,716
25,977
18,902
-|£
21,865
-
-
2,140
-|£
-
-
-
-
-|£
116,048
1,716
25,977
21,042
-|£
113,947
1,648
16,462
21,515
-|
|TOTAL INCOME
EXPENDITURE on:
Raising Funds
Charitable Activities
Other Trading Activities|_2(a)_
_2(b)_
_2(c)_|140,778
12,817
116,181
6,005|24,005
-
2,218
-|-
-
-
-|164,783
12,817
118,399
6,005|153,572
7,731
121,729
8,101|
|TOTAL EXPENDITURE||135,003|2,218|-|137,221|137,561|
|NET INCOME or (NET EXPENDITURE)
TRANSFERS BETWEEN FUNDS
OTHER RECOGNISED GAINS/(LOSSES)
Unrealised Gains on Investments|_(7)_
_(9)_|5,775
1,075
-|21,787
(1,075)
6,191|-
-
24,067|27,562
-
30,258|16,011
-
2,502|
|NET MOVEMENT in FUNDS
BALANCES BROUGHT FORWARD at 1stJANUARY
2021||6,850
100,811|26,903
87,213|24,067
429,749|57,820
617,773|18,513
599,260|
|BALANCES CARRIED FORWARD at 31stDecember
2021||107,661|114,116|453,816|675,593|617,773|
_Page 11 of 27 Registered Charity 113188_
||Note|2021|2021|2020|
|---|---|---|---|---|
|BALANCE SHEET as at 31stDECEMBER 2021||£|£|£|
|FIXED ASSETS
Fixed Assets for Charitable Use
Investment Fixed Assets
Investment Assets|_(8)_
_(10)_
_(9)_|7,265
272,150
181,665||8,897
272,150
157,598|
|TOTAL FIXED ASSETS
CURRENT ASSETS
Debtors
Investments
Cash at Bank and in Hand|_(13)_
_(9)_
_(15)_|23,004
38,691
161,212|461,080|438,645
3,012
32,500
146,750|
|TOTAL CURRENT ASSETS
LIABILITIES: AMOUNTS FALLING due WITHIN ONE YEAR
Creditors
NET CURRENT ASSET|_(14)_|222,907
(8,394)|214,513|182,262
(3,134)
179,128|
|TOTAL NET ASSETS|||675,593|617,773|
|THE FUNDS OF THE CHARITY
Endowment
-
Endowed Funds
-
Property Revaluation Reserve
Restricted Funds
Unrestricted Funds|_(10) & (16)_
_(9) & (16)_
_(16)_||188,466
265,350
114,116
107,661|164,399
265,350
87,213
100,811|
|TOTAL CHARITY FUNDS|||675,593|617,773|
The Annual Financial Report, for the year ended 31[st] December 2021, including the notes following, was approved by the Parochial Church Council on March 10[th] 2022 and signed on its behalf by:
The Revd. Dr Felix Mascarenhas (Vicar) R Aynsley-Smith (Honorary Treasurer)
_Page 12 of 27 Registered Charity 113188_
## STATEMENT OF ACCOUNTING PRINCIPLES
## Accounting Policies
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the current (2015) Statement of Recommended Practice (SORP) and Financial Reporting Standard (FRS 102).
The financial statements have been prepared under the historical cost convention as modified by the inclusion of investments at market value and the revaluation of fixed assets. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body, nor those which are informal gatherings of church members.
## Funds Accounting
Funds held by the PCC are:
_Unrestricted Funds –_ general funds which can be used for PCC ordinary purposes.
_Designated Funds_ – monies set aside by the PCC out of unrestricted funds for specific future purposes and/or projects.
## _Restricted Funds_ –
- (i) Income from trusts or endowments which may be expended only on those restricted objects provided in the terms of trust or bequest
- (ii) Donations and/or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of the year is carried forward as a balance on that fund.
_Endowment Funds_ – funds the capital of which must be maintained; the income arising from the investment of the endowment may be used, either as restricted or unrestricted funds, depending on the purpose set out in the terms of the original endowment.
## Income and Endowments
All income and endowments are accounted for without deduction for any costs of receivability, are recognised when there is entitlement, receipt is probable, and the amount can be measured reliably.
## _Donations and Legacies_
- (i) Collections are recognised when received
- (ii) Planned giving receivable is when there is evidence of entitlement, receipt is probable and the amount accords with the Gift Aid declaration and/or other record of intention to donate.
- (iii) Gift Aid recovered is recognised when the income to which it is attached is recognised.
- (iv) Grants and legacies are recognised when the formal offer, in writing, is received by the PCC.
## _Charitable Activities_
Sales of magazines are recognised when received
## _Other Trading Activities_
_Page 13 of 27 Registered Charity 113188_
Trading income is receivable in return for selling goods and/or providing services. Income from trading is recognised either
- (i) When invoiced and/or received
- (ii) For example, in the case of concerts for the year in question, irrespective of the date of receipt. Advance bookings are included in creditors.
## _Income from Investments_
- (i) Dividends are accounted for when due and payable. Interest entitlements are accounted for as they are received.
- (ii) Rents from Property are recognised in accordance with rental agreements and when receipt is probable and measurable.
## _All Other Income_
All other income is recognised in accordance with the above overall policy.
_Gains and Losses on Investments_
- (i) Realised gains are recognised when the investments are sold.
- (ii) Unrealised gains and losses are accounted for on revaluation – at 31[st] December.
## Expenditure
Expenditure is accounted for on an accruals basis and are accounted for gross.
## _Grants_
Grants and donations are accounted for when paid over or when awarded where the award creates a binding obligation on the PCC.
## _Church Activities_
The diocesan parish contribution is accounted for on an annual basis reflecting the allocations set by our Deanery. Any parish contribution unpaid at the 31[st] December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the balance sheet.
## Fixed Assets
Consecrated and/or beneficed and/or heritage property of any kind is excluded from the accounts by s.10 (2) of the Charities Act 2011.
Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal, are accounted for as inalienable property unless consecrated. They are listed in the church’s inventory, which can be inspected but are not included in the financial statements. For other property acquired prior to 2001 there is insufficient cost information available and therefore the costs of such assets are not stated in the financial statements. Since that date assets acquired have been capitalised in the accounts and depreciated over their useful economic life.
All expenditure on consecrated or beneficed buildings and individual items costing under £1,000 are written off in the year they were incurred.
_Page 14 of 27 Registered Charity 113188_
## _Depreciation_
Depreciation is calculated to write down the cost of tangible fixed assets, excluding freehold properties, over their expected useful lives. The rates applicable are
Computers - 33% Office equipment - 20% Other plant - 10%
No depreciation is provided on freehold properties, as it is the PCC’s policy to maintain these assets in a continual state of sound repair. The useful economic life of these assets is so long and residual values so high that any depreciation would not be material. These assets will be subject to annual impairment reviews. Provision, however, will be made if there has been any permanent diminution in value
## Taxation
The Church enjoys charitable status. As a charity the church is outside the scope of VAT in respect of its income.
## Investments
Investments are stated at market value at the balance sheet date.
## Current Assets
Amounts owing to the PCC at the financial year-end in respect of fees, rents and/or other income are shown as debtors less provision for amounts that may prove uncollectible.
Short-term deposits include cash held on deposit with the CBF Church of England Funds and/or at the bank.
## Other
The Parish, under the terms of Mrs Moor’s (our original benefactor) will, own a further 3,016 shares in the CIFM Investment Fund. The terms of the bequest were that the money was to be used solely for the incumbent of the parish. At the time of the standardisation of stipends the income from these shares was passed to the diocese where it currently remains and is used by the diocese to offset the cost of clergy stipends.
_Page 15 of 27 Registered Charity 113188_
NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31[st] December 2021
|**(1) **ANALYSIS of INCOME and
ENDOWMENTS:|Note|Unrestricted
Funds|Restricted
Funds|Endowment
Funds|TOTAL FUNDS|TOTAL FUNDS|
|---|---|---|---|---|---|---|
||||||2021|2020|
|Planned Giving (exc. Tax Refunds)
Planned Giving (no Tax Refunds)
Loose Cash Collections
Patronal/Christmas Tree Festival
Other Special Appeals
Gift Aid Recovered
Grants
Legacies
Other Income|_(11)_
_(18)_|£
48,124
8,450
4,233
3,665
-
13,329
1,296
10,000
5,086|£
15,120
-
-
-
4,005
-
-
2,740|£
-
-
-
-
-
-
-
-
-|£
48,124
23,570
4,233
3,665
-
17,334
1,296
10,000
7,826|£
76,953
8,207
2,612
2,052
-
19,423
1,937
-
2,763|
|VoluntaryDonations and Legacies|_1(a)_|94,183|21,865|-|116,048|113,947|
|Fees for Weddings and Funerals||1,716|-|-|1,716|1,648|
|Charitable Activities|_1(b)_|1,716|-|-|1,716|2,089|
|Sales of Parish Magazines
Hire of Church
Hire of Church Hall
Other Income||151
8,227
17,599
-|-
-
-
-|-
-
-
-|151
8,227
17,599|328
4,801
10,973
360|
|Other TradingActivities|_1(c)_|25,977|-|-|25,977|16,462|
|Bank and CBF Deposit Interest
CCLA/M + G Investment Income
Rent - 56 Reigate Road||33
670
18,199|18
2,122
-|-
-
-|51
2,792
18,199|419
2,696
18,400|
|Investments|_1(d)_|18,902|2,140|-|21,042|21,515|
||||||||
|TOTAL RECEIVED on all FUNDS||140,778|24,005|-|164,783|153,572|
_Page 16 of 27 Registered Charity 113188_
## NOTES to the FINANCIAL ACCOUNTS
## For the Year Ended 31[st] December 2021
|**(2) **ANALYSIS of EXPENDITURE on:|Note|Unrestricted
Funds|Restricted
Funds|Endowment
Funds|TOTAL FUNDS|TOTAL FUNDS|
|---|---|---|---|---|---|---|
||||||2021|2020|
|Special Appeal Costs
Fund Raising
Investment Management Costs||£
-
657
12,160|£
-
-|£
-
-
-|£
-
657
12,160|£
-
7,731|
|Cost of RaisingFunds|_2(a)_|12,817||-|12,817|7,731|
|Missionary and Charitable Giving
Diocesan Parish Share
Clergy Expenses
Salaries and Honoraria Inc. NI
Upkeep of Services
Church Running Costs
Church Maintenance and Repair
Bank Charges
Depreciation
Governance
Other Expenditure|_(5)_
_(6)_
_(19)_|1,800
74,300
4,456
9,663
962
14,200
3,607
41
2,252
554
4,346|433
-
-
-
-
600
2
559
-
624|-
-
-
-
-
-
-
-
-
-
-|2,233
74,300
4,456
9,663
962
14,200
4,207
43
2,811
554
4,970|4,696
74,035
6,196
9,210
2,602
10,832
10,748
20
1,145
855
1,390|
|Cost of Charitable Activities|_2(b)_|116,181|2,218|-|118,399|121,729|
|Church Hall Costs
Other Trading Costs|_(20)_|4,966
1,039|-
-|-
-|4,966
1,039|6,943
1,158|
|Other TradingActivities|_2(c)_|6,005|-|-|6,005|8,101|
||||||||
|TOTAL EXPENDITURE on all FUNDS||135,003|2,218|-|137,221|137,561|
_Page 17 of 27 Registered Charity 113188_
NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31[st] December 2021
|**(3) **STATEMENT of CASH FLOWS|Note|2021|2020|
|---|---|---|---|
|Cash Flows from Operating Activities:
Net Cash Provided by Operating Activities
Cash Flows from Investing Activities
Dividends, Interest and Rent from Investments
Purchase of Plant and Equipment||£
(5,401)
(1,179)
21,042|£
(2,470)
(3,515)
21,515|
|Change in Cash and Cash Equivalents in the Reporting Period
Cash and Cash Equivalents at the beginning of the Year|_(15)_|14,462
146,750|15,530
131,220|
|Cash at Bank and on Deposit at the end of the Year|_(15)_|161,212|146,750|
|Cash at Bank and on Deposit at the end of the Year|_(15)_|161,212|146,750|
|Reconciliation of Net Income/(Expenditure) to net Cash Flow from Operating
Activities
Net Income/Expenditure for the Reporting Period_(as per Statement of Financial_
_Activities)_
Adjustment for -
Depreciation
Unrealised Gain/Losses on Investments
Dividends, Interest and Rent from Investments
Decrease/(Increase) in Debtors
(Decrease)/Increase in Creditors|_(9)_|57,820
2,811
(30,258)
(21,042)
(19,992)
5,260|18,513
1,145
(2,502)
(21,515)
2,293
(404)|
|Net Cash Provided by (used in)OperatingActivities||(5,401)|(2,470)|
_Page 18 of 27 Registered Charity 113188_
NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31[st] December 2021
|NOTES to the FINANCIAL ACCOUNTS
For the Year Ended 31stDecember 2021|||||||
|---|---|---|---|---|---|---|
|**(4) **MISSIONARY and CHARITABLE GIVING|Note|Unrestricted
Funds|Restricted
Funds|Endowment
Funds|TOTAL FUNDS||
||||||2021|2020|
|Missionary and Charitable Giving
Blind Veterans UK
British Red Cross
Coram
Emmaus
Kidz Club
Lovey Foundation
Martlets Hospice
Mercy Ships
Sponsorship of two Drama Students
Team Dominica||£
-
500
-
500
-
200
-
-
-
600|£
-
-
-
--
-
-
-
-
433
-|£
-
-
-
-
-
-
-
-
-
-|£
-
500
-
500
-
200
-
-
433
600|£
100
-
2,200
-
500
-
1,000
700
196
-|
|Sub Total – Direct Giving|_(4)_|1,800|433|-|2,233|4,696|
|Additionally. The following activities were either organised by the Church and/or provided, free, the facilities and support for the
following events to take place. The monies raised are not part of the church’s accounts.|||||||
|Poppy Appeal (Remembrance Sunday)||-|-|-|-|-|
|TOTAL GIVING||-|-|-|2,233|4,696|
|(5) STAFF COSTS|Note|General
Funds|Restricted
Funds|Endowment
Funds|TOTAL FUNDS|TOTAL FUNDS|
|---|---|---|---|---|---|---|
||||||2021|2020|
|Remuneration
Wages and Salaries
Employer Social Security Costs
Employers Cost to Defined Contribution
Scheme||£
9,494
19
150|£
-
-
-|£
-
-
-|£
9,494
19
150|£
9,050
11
149|
||_(5)_|9,663|-|-|9,663|9,210|
During the year the PCC employed a Director of Music and a Hall Cleaner. No member of the PCC, nor any person closely connected to them, received any form of remuneration. Other payments were made to PCC members in the year for reimbursement of expenses incurred on behalf of the PCC – namely Clergy support such as Council Tax, Water and Environmental Charges - £2,904 and reimbursement for telephone, postage, travelling expenses etc £1,551.
_Page 19 of 27 Registered Charity 113188_
## NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31[st] December 2021
|(6) GOVERNANCE|Note|Unrestricted
Funds|Restricted
Funds|Endowment
Funds|TOTAL FUNDS|TOTAL FUNDS|
|---|---|---|---|---|---|---|
||||||2021|2020|
|Independent Examination
Trustee Meetings||£
554
-|£
-
-|£
-
-|£
554
-|£
530
325|
|TOTAL|_(6)_|554|-|-|554|855|
## (7) TRANSFERS
Transfer of Dividend Income to meet Relevant Expenditure in the General Fund
|Organist
Flower Fund
Stoneham Garden Memorial
Fund
Assistant Priest Fund
General Fund||-
-
-
-
1,075|(961)
(113)
(1)|-
-
-
-
-||(928)
(188)
(200)
(1)
1,317|
|---|---|---|---|---|---|---|
Transfer of Christmas Tree Festival Surplus to Outside Giving Fund
|General Fund
Outside GivingFund||(2,875)
2,875|-
-|-
-||(1,812)
1,812|
|---|---|---|---|---|---|---|
Utilise Legacies received in 2021
|Legacy Fund
Vestment Fund
Hall Fabric Fund
Church Fabric[Designated]Fund||-
-
-
-|-
-
-
-|-
-
-
-|-
-
-
-||
|---|---|---|---|---|---|---|
To Meet the Deficit on the Hall Fund and to meet Future Expenditure on the Investment Property
||||||||
|---|---|---|---|---|---|---|
|Reigate Road Fund
Hall Fund
Reigate Road Fabric Fund||-
-
-|-
-
-|-
-
-||(9,255)
1,255
8,000|
|To Meet the Deficit on the General Fund|||||||
|Hall Fund
Reigate Road Fund
Church Fabric [Designated] Fund
General Fund||(4,630)
(5,300)
(6,210)
16,140|-
-
-
-|-
-
-
-|-
-|(30,747)
30,747|
||||||||
|TOTAL TRANSFERS|_(7)_|1,075|(1,075)|-|-|-|
_Page 20 of 27 Registered Charity 113188_
## NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31[st] December 2021
|(8) FIXED ASSETS for CHARITABLE USE|Note|Freehold
Land &
Buildings|Church
Equipment|Hall
Equipment|TOTAL|
|---|---|---|---|---|---|
|ACTUAL/DEEMED COST
At 01 January 2021
Additions||£
1|£
6,932
1,179|£
6,740
-|£
13,673
1,179|
|At 31 December 2021||1|8,111|6,740|14,852|
|DEPRECIATION
At 01 January 2021
Charge for theyear||-
-|2,080
1,086|2,696
1,725|4,776
2,811|
|At 31 December 2021||-|3,166|4,421|7,587|
|NET BOOK AMOUNT
At 01 January 2021||1|5,170|3,726|8,897|
|At 31 December 2021|_(8)_|1|4,945|2,319|7,265|
The freehold land and buildings are the Church Hall at 270 Dyke Road, Brighton. The value of the latter, on the advice of Church House, and in the absence of any written records, is shown at £1 - its written down value. The Hall was a gift to the parish in 1938. The current insurance value of this building (December 2021) is £1.2 million. Assets capitalised up to and including 2020 are the Candle Display Case and a new reprographic machine for the parish office. Church equipment comprises the amplification system, church chairs, the church central heating system, screen and projector and various items for the parish office. Hall assets capitalised are chairs, tables, central heating radiators, overhead projector equipment and a cooker.
Although not owned by the Parish the insurance value of the church is £11.82 million.
|(9) INVESTMENT ASSETS|Note|Unrestricted
Funds|Restricted
Funds|Endowment
Funds|TOTAL
2021|TOTAL
2020|
|---|---|---|---|---|---|---|
|Market Value at 01 January 2021
Net Gains/(Losses) and Revaluation||£
-
-|£
32,500
6,191|£
157,598
24,067|£
190,098
30,258|£
187,596
2,502|
|Market Value at 31 December 2021|_(9)_|-|38,691|181,665|220,356|190,098|
Endowment shares comprise 7,714 shares in the CIFM Fund. These cost £3,857 in 1958. M + G Charifund Accumulation Units, bought in 2008 and 2009 for £8,000 and £4,000 respectively, comprise 133.398 units. The total holding of M + G units is for the Youth Fund.
_Page 21 of 27 Registered Charity 113188_
NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31[st] December 2021
|(10) INVESTMENT FIXED ASSETS|Note|Unrestricted
Funds|Restricted
Funds|Endowment
Funds|TOTAL
2019|TOTAL
2018|
|---|---|---|---|---|---|---|
|Market Value at 01 January 2021
Net Gains/(Losses) and Revaluation||£
-
-|£
-
-|£
272,150
-|£
272,150
-|£
272,150
-|
|Market Value at 31 December 2021|_(10)_|-|-|272,150|272,150|272,150|
The freehold land and buildings at 56 Reigate Road, Brighton was purchased in 1968 for £6,800. At the beginning of 2016 the property had an open market value of £537,500. The valuation was carried by Your Move (Estate and Letting Agents) of 38 Queens Road, Brighton, BN1 3XB an unrelated party to the Church. Half the independent valuation has been incorporated in the accounts because in the event of the house being sold only half of any proceeds (after any sale costs) are attributable to this parish. The insurance value of the house at 31 December 2021 is £479,195.
## (11) LEGACY
The church has been notified during the year by the executors (Mayo Wynne Baxter) of Jacynth Sanders estate that the Good Shepherd has been left a legacy of £10,000. It has been agreed by the PCC that this money will be spent predominantly on a new sound and visual system for the Church and for a lessor sum to replace/augment music for the choir.
_Page 22 of 27 Registered Charity 113188_
## NOTES to the FINANCIAL ACCOUNTS
For the Year Ended 31[st] December 2021
|NOTES to the FINANCIAL ACCOUNTS
For the Year Ended 31stDecember 2021|||||||
|---|---|---|---|---|---|---|
||Note|Unrestricted
Funds|Restricted
Funds|Endowment
Funds|TOTAL FUNDS||
||||||2021|2020|
|(12) ANALYSIS of NET ASSETS by FUND||£|£|£|£|£|
|Fixed Assets for Church Use
Investment Fixed Assets
Investment Assets
Current Assets
Current Liabilities||4,231
-
-
111,824
(8,394)|3,033
-
38,691
72,392
-|1
272,150
181,665
-
-|7,265
272,150
220,356
184,216
(8,394)|8,897
272,150
190,098
149,762
(3,134)|
|TOTAL|_(12)_|107,661|114,116|453,816|675,593|617,773|
## (13) DEBTORS
|Income Tax Recoverable
Prepayments and Accrued Income
Legacy
Debtors||2,544
6,222
10,000
4,238|-
-
-|-
-
-|2,544
6,222
10,000
4,238|1,651
401
-
960|
|---|---|---|---|---|---|---|
|TOTAL5,305|_(13)_|23,004|-|-|23,004|3,012|
## (14) CREDITORS: AMOUNTS FALLING DUE within ONE YEAR
|Deferred Income
Accruals||485
7,909|-
-|-
-|485
7,909|660
2,474|
|---|---|---|---|---|---|---|
|TOTAL|_(14)_|8,394|-|-|8,394|3,134|
|(15) ANALYSIS of CASH and CASH EQUIVILENTS|||||||
|Bank Current Accounts
Deposit (No Notice)||49,098
112,114|-|-
-|49,098
112,114|51,687
95,063|
||_(15)_|161,212||-|161,212|146,750|
_Page 23 of 27 Registered Charity 113188_
## NOTES to the FINANCIAL ACCOUNTS
## For the Year Ended 31[st] December 2021
|(16) STATEMENT of FUNDS|Note|Balances
b/fwd –
01.01.2021|Income|Expenditure|Transfers/
Other Gains
and Losses|Balances c/fwd
– 31.12.2021|
|---|---|---|---|---|---|---|
|Endowed Funds||£|£|£|£|£|
|Organist Fund
Hall Fund
Vestment Fund
Flower Fund
Stoneham Garden Memorial Fund
Mrs Moor’s Stipend Fund
Assistant Priest Fund
Church Hall
Reigate Road||33,015
35,999
13,136
6,680
7,110
61,617
41
1
272,150|-
-
-
-
-
-
-
-
-|-
-
-
-
-
-
-
-
-|5,042
5,497
2,007
1,020
1,085
9,410
6
-
-|38,057
41,496
15,143
7,700
8,195
71,027
47
1
272,150|
|Restricted Funds
Church Fabric Fund
Organist Fund
Junior Choir Fund
Vestment Fund
Centenary Fund
Flower Fund
Stoneham Memorial Garden Fund
Assistant Priest Fund
Youth Fund
Bell Ringing Fund
Church Fabric Fund - Weathervane
Paschal Candle Display Case
Vicars DiscretionaryFund||429,749
27,876
4,027
1,238
5,704
296
3,485
-
-
36,197
2,068
847
3,614
1,861|-
9
961
-
587
3,000
504
113
1
76
1
18,752
-
1|-
-
-
-
-
(2)
-
-
-
(1,057)
-
(600)
(559)
-|24,067
-
(961)
-
-
-
-
(113)
(1)
6,191
-
-
-
-|453,816
27,885
4,027
1,238
6,291
3,294
3,989
-
41,407
2,069
18,999
3,055
1,862|
|Designated Funds
Organ Fabric Fund
Outside Charitable Giving Fund
Hall Fund
Hall Fabric Fund
Reigate Road Fund
Reigate Road Fabric Fund
Legacy Fund
Social Funds
Church Fabric Funds
Church Fabric Fund - Weathervane||87,213
12,291
4,200
0
6,059
2,165
12,081
-
811
57,863
5,341|24,005
4
81
19,566
2
18,201
4
10,000
-
19
2|(2,218)
-
(1,800)
(14,924)
(12,756)
-
-
(138)|5,115
-
2,875
(4,630)
(3,500)
-
-
(6,210)|114,116
12,294
5,356
12
6,061
4,110
12,085
10,000
811
51,671
5,205|
|General Fund||100,810
1|47,878
92,900|(29,618)
(105,385)|(11,465)
12,540|107,605
56|
|TOTAL|_(16)_|617,773|164,783|(137,221)|30,258|675,593|
_Page 24 of 27 Registered Charity 113188_
## NOTES to the FINANCIAL ACCOUNTS
## For the Year Ended 31[st] December 2021
|(17) STATEMENT of
FINANCIAL ACTIVITIES|Unrestricted Funds|Unrestricted Funds|Restricted Funds|Restricted Funds|Endowment Funds|Endowment Funds|TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|---|
||2021|2020|2021|2020|2021|2020|2021|2020|
|INCOME from
DONATIONS and
LEGACIES
Donations and Legacies
Charitable Activities
Other Trading Activities
Investments
Other Receipts|£
94,183
1,716
25,997
18,902
-|£
113,339
1,648
16,462
19,689
-|£
21,865
-
-
2,140
-|£
608
-
-
1,826
-|£
-
-
-
-
-|£
-
-
-
-
-|£
116,048
1,716
25,997
21,042
-|£
113,947
1,648
16,462
21,515
-|
|TOTAL INCOME
EXPENDITURE on:
Raising Funds
Charitable Activities
Other Trading Activities|140,778
12,817
116,181
6,005|151,138
7,731
117,094
8,101|24,005
-
2,218
-|2,434
-
4,635
-|-
-
-
-|-
-
-
-|164,783
12,817
118,399
6,005|153,572
7,731
121,729
8,101|
|TOTAL EXPENDITURE|135,003|132,926|2,218|4,635|-|-|137,221|137,561|
|NET INCOME or
(EXPENDITURE)
TRANSFERS between
FUNDS
OTHER RECOGNISED
GAINS/(LOSSES)
Unrealised
Gains/(Losses) on
Investments|5,775
1,075
-|18,212
1,317
-|21,787
(1,075)
6,191|(2,201)
(1,317)
(4,811)|-
-
24,067|-
-
7,313|27,562
-
30,258|16,011
-
2,502|
|NET MOVEMENT in
FUNDS|6,850|19,529|26,903|(8,329)|24,067|7,313|57,820|18,513|
_Page 25 of 27 Registered Charity 113188_
## NOTES to the FINANCIAL ACCOUNTS
## For the Year Ended 31[st] December 2021
||Note|Unrestricted
Funds|Restricted
Funds|Endowment
Funds|TOTAL FUNDS|TOTAL FUNDS|
|---|---|---|---|---|---|---|
||||||2021|2020|
|(18) OTHER INCOME
Social Activities
Sundry Income
Artists Open House Festival
Flowers||£
-
3,228
1,858
-|£
-
2,740
-
-|£
-
-
-
-|£
-
5,968
1,858
-|£
-
2,763
-
-|
|TOTAL|_(18)_|5,086|2,740|-|7,826|2,763|
|(19) OTHER – CHARITABLE ACTIVITIES
Equipment Purchased
Artists Open House Festival
Social
Sundry Expenditure
Payroll Costs
Kidz Club||1,144
1,680
-
1,522
--
-|-
-
-
624
-
-|-
-
-
-
-
-|1,144
1,680
-
2,146
-
-|-
-
310
689
205
186|
|TOTAL|_(19)_|4,346|624|-|4,970|1,390|
|(20) OTHER – TRADING COSTS
Fees||1,039|-|-|1,039|1,158|
|TOTAL|_(20)_|1,039|-|-|1,039|1,158|
_Page 26 of 27 Registered Charity 113188_
NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31[st] December 2019
## 10 YEAR HISTORY of SELECTED ITEMS of INCOME and EXPENDITURE
## NUMBER of REGULAR DONORS
|_2012_|_2013_|_2014_|_2015_|_2016_|_2017_|_2018_|_2019_|_2020_|_2021_|
|---|---|---|---|---|---|---|---|---|---|
|||||||||||
|_64_|_70_|_64_|_61_|_62_|_56_|_53_|_52_|_51_|_50_|
## GENERAL FUND – TOTAL INCOME and EXPENDITURE
||_2012_|_2013_|_2014_|_2015_|_2016_|_2017_|_2018_|_2019_|_2020_|_2021_|
|---|---|---|---|---|---|---|---|---|---|---|
||_£_|_£_|_£_|_£_|_£_|_£_|_£_|_£_|_£_|_£_|
||||||||||||
|_Income_|_65,556_|_74,018_|_79,933_|_75,768_|_75,129_|_81,837_|_86,468_|_83,840_|_70,438_|_92,900_|
||||||||||||
|_Expenditure_|_(96,113) _|_(98,091)_|_(97,892(_|_100,619)_|_(102,690) _|_(105,815) _|_(103,350) _|_(110,822) _|_(100,728) _|_(105,305)_|
||||||||||||
|_Surplus/(Deficit) _|_(30,557) _|_(24,073) _|_(17,959) _|_(24,851)_|_(27,561)_|_(23,978)_|_(16,882)_|_(26,982)_|_(30,290)_|_(12,405)_|
||||||||||||
## GENERAL FUND – FUND RAISING ACTIVITIES
|_2012_|_2013_|_2014_|_2015_|_2016_|_2017_|_2018_|_2019_|_2020_|_2021_|
|---|---|---|---|---|---|---|---|---|---|
|_£_|_£_|_£_|_£_|_£_|_£_|_£_|_£_|_£_|_£_|
|||||||||||
|_4,608_|_7,018_|_8,031_|_10,802_|_8,085_|_10,155_|_7,774_|_11,940_|_2,052_|_3,665_|
## GENERAL FUND - PAID to the DIOCESE – to cover DIOCESAN and NATIONAL CHURCH EXPENDITURE
|_2012_|_2013_|_2014_|_2015_|_2016_|_2017_|_2018_|_2019_|_2020_|_2021_|
|---|---|---|---|---|---|---|---|---|---|
|_£_|_£_|_£_|_£_|_£_|_£_|_£_|_£_|_£_|_£_|
|||||||||||
|_64,500_|_64,720_|_66,056_|_67,981_|_69,958_|_72,060_|_67,608_|_71,883_|_74,035_|_74,300_|
_Page 27 of 27 Registered Charity 113188_