The Parish of Up Holland and Dalton Accounts for the Year Ended 31st December 2021 **The Parish of Up Holland and Dalton Accounts for the Year Ended 31st December 2021** Page 1 |**Note**
**INCOMING RESOURCES**
Voluntary Income
2(a)
Activities for generating funds
2(b)
Income from investments
2(c)
Church activities
2(d)
Other incoming resources
2(e)
**RESOURCES USED**
Church Activites
3(a)
Costs of generating voluntary income
3(b)
Fund-raising trading costs
3(c)
Governance costs
3(d)
**TOTAL RESOURCES EXPENDED**
NET INCOMING (OUTGOING) RESOURCES BEFORE
OTHER RECOGNISED GAINS AND LOSSES
Transfers between funds
NET MOVEMENT IN FUNDS
Balance b/fwd at 1st January 2021
Balance c/fwd at 31st December 2021|**General**
**Designated**
**Restricted**
**Endowment**
**TOTAL**
**Funds**
**Funds**
**Funds**
**Funds**
**2021**
142,791
10,000
11,560
-
164,351
17,791
-
-
-
17,791
15,914
-
-
-
15,914
32,898
-
-
-
32,898
-
-
-
-
-| |---|---| ||209,394
10,000
11,560
-
230,954| ||183,855
-
-
-
183,855
1,924
-
-
-
1,924
2,341
-
-
-
2,341
9,706
-
-
-
9,706| ||197,825
-
-
-
197,825| ||11,569
10,000
11,560
-
33,129
-
-
-
-
-
11,569
10,000
11,560
-
33,129
351,654
-
36,880
44,129
432,663| ||363,223
10,000
48,440
44,129
465,792| The notes on pages 3 to 7 form part of these accounts. **The Parish of Up Holland and Dalton Balance Sheet as at 31st December 2021** **Page 2** |Note
**FIXED ASSETS**
Tangible
5(a)
Investment
5(b)
**CURRENT ASSETS**
Debtors
7
Short Term Deposits
Cash at bank and in hand
**CURRENT LIABILTIES**
Creditors - amounts falling due within one year
7
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
Creditors - amounts falling due after one year
7
**TOTAL NET ASSETS**
**PARISH FUNDS**
Unrestricted
8
Designated
8
Restricted
8
Endowment
8|**2021**
284,500
44,129
328,629
-
66,338
84,853
151,191
10,021
141,170
469,799
4,007
465,792
363,223
10,000
48,440
44,129
465,792|**2020**
284,500
44,129| |---|---|---| |||328,629| |||15,111
44,021
67,248| |||126,380| |||| |||10,021| |||116,359
444,988
12,325| |||432,663| |||351,654
-
36,880
44,129| |||432,663| Approved by the Parochial Church Council on ….................................. and signed on its behalf by: Revd. Paul Lock - Rector Miss E Hayes - PCC Secretary **The Parish of Up Holland and Dalton Notes to the Financial Statements for the Year Ended 31st December 2021** Page 3 ## **Accounting Policies** The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the SORP 2005. The financial statements have been prepared under the historical cost convention except for the valuation of assets which are shown at market value. 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 main affiliation to another body, nor those that are informal gatherings of church members. ## **Funds** Endowment funds are funds, the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established. Restricted funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations 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 each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. Unrestricted funds are general funds which can be used for PCC ordinary purposes. ## **Incoming Resources** Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is received. ## **Resources Expended** Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross. ## **Fixed Assets** Consecrated and benefice property is not included in the accounts in accordance with s.96 (2)(a) of the Charities Act 1993. Movable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church's inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsequently no individual item has cost more than £1,000 so all such expenditure has been written off when incurred. Equipment used within the church premises is depreciated on a straight-line basis over four years. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired. The house on Beacon View Drive was revalued in 2017. The Parish Rooms are valued at Nett Building costs. Investments are valued at market value as at 31st December 2021. **The Parish of Up Holland and Dalton Accounts for the Year Ended 31st December 2021 Notes to the Financial Statements** Page 4 ## **2 - INCOMING RESOURCES** |**CBF**
**code**
**2(a) Voluntary Income**
101
Planned Giving:
Gift Aid donations
102
Tax Recoverable
103ab
Other
104
Collections (open plate)
105a
Gift Days
105b
Donations
201
Grants
202
Legacies
203b
Bispham Charity Fund
**2(b) Activities for Generating Funds**
401b
Bookstall for fundraising
402b
Hall Lettings for non-church purposes
203a
Rummage sales, fetes, etc.
Net Income from Beckets Café
Net Income from STM Post Office
**2(c) Income from Investments**
301
Dividends and Interest including
tax recoverable
302
Rent from land or buildings held
as an investment
**2(d) Income from Church Activities**
402a
Church Hall lettings
401a
Bookstall for promoting church objectives
403a
Magazine income from sales
404
PCC Fees
**2(e) Other Incoming Resources**
601
Insurance claims
602
Surplus on sale of fixed assets
TOTAL INCOMING RESOURCES|**Unrestricted**
**Designated**
**Restricted**
**Endowment**
**TOTAL**
**Funds**
**Funds**
**Funds**
**Funds**
**2021**
61,399
-
-
-
61,399
5,240
-
-
-
5,240
7,027
-
-
-
7,027
6,635
-
-
-
6,635
-
-
-
-
-
47,241
10,000
-
57,241
15,250
-
-
15,250
-
-
11,560
-
11,560
-
-
-
-
-| |---|---| ||142,791
10,000
11,560
-
164,351| ||-
-
-
-
-
-
-
-
-
-
128
-
-
-
128
11,081
-
-
-
11,081
6,582
-
-
-
6,582| ||17,791
-
-
-
17,791| ||35
-
-
-
35
-
-
-
-
-
15,879
-
-
-
15,879
-
-
-
-
-| ||15,914
-
-
-
15,914| ||60
-
-
-
60
-
-
-
-
-
6
-
-
-
6
32,832
-
-
-
32,832| ||32,898
-
-
-
32,898| ||-
-
-
-
-
-
-
-
-
-| ||-
-
-
-
-| ||209,394
10,000
11,560
-
230,954| Page 5 ## **The Parish of Up Holland and Dalton Accounts for the Year Ended 31st December 2021 Notes to the Financial Statements** ## **3 - RESOURCES EXPENDED** |**CBF**
**code**
**3(a) Church Activities**
Missionary and charitable giving:
1001
Overseas missionary societies
1002
Overseas relief and dev.agencies
1003
Home missions and other Church
organisation
1004
Secular organisations
Ministry
2001
Parish Share
2002
Working expenses of incumbent
2003
Parsonage house
2004
Assistant staff costs
Church running expenses
2005a
Heating and lighting
2005b
Utilities
2005b
Insurance
2005b
Other costs
Depreciation
2006
Church maintenance
2006a
Repair grants repaid
2007
Upkeep of Services
2008
Upkeep of church grounds
2009
Printing and other costs of magazine
2009
Bookstall costs
2016
Salaries, wages & honoraria
Loan Interest
2010
Hall running costs
2010
Hall maintenance
2011
Other PCC property
2012a
Major repairs to Church building
2013/4
Major repairs to other Church property
2015
Proposed new building work
**3(b) Generation of voluntary income**
3000a
Cost of appeals, etc
3000a
Cost of Stewardship envelopes
**3(c) Fundraising trading costs**
3000b
Bookstall costs
3000b
Costs of fetes and other events
**3(d) Governance costs**
4000
Independent examiners fee
4000ab
Administration costs
**Total Resources Expended**|**Unrestricted**
**Designated**
**Restricted**
**Endowment**
**TOTAL**
**Funds**
**Funds**
**Funds**
**Funds**
**2021**
-
-
-
-
-
-
-
-
-
-
3,903
-
-
-
3,903
-
254
-
-
-
254
95,079
-
-
-
95,079
3,139
-
-
-
3,139
963
-
-
-
963
-
-
-
-
-
11,977
-
-
-
11,977
3,835
-
-
-
3,835
11,134
-
-
-
11,134
1,165
-
-
-
1,165
-
-
-
-
-
26,514
-
-
-
26,514
-
-
-
-
-
21,022
-
-
21,022
2,863
-
-
-
2,863
-
-
-
-
-
443
-
-
-
443
-
-
-
-
-
500
-
-
-
500
299
-
-
-
299
-
-
-
-
-
765
-
-
-
765
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-| |---|---| ||183,855
-
-
-
183,855| ||1,924
-
-
1,924
-
-
-
-
-| ||1,924
-
-
-
1,924| ||-
-
-
-
-
2,341
-
-
-
2,341| ||2,341
-
-
-
2,341| ||933
-
-
-
933
8,773
-
-
-
8,773| ||9,706
-
-
-
9,706| ||197,825
-
-
-
197,825| **Total Resources Expended** **The Parish of Up Holland and Dalton Accounts for the Year Ended 31st December 2021 Notes to the Financial Statements** Page 6 ## **4(a) STAFF COSTS** |**STAFF COSTS**
Wages and Salaries
Social Security Costs
Pension Costs|**2021**
7,728
-
-| |---|---| ||7,728| ## **4(b) PAYMENTS TO RELATED PARTIES** No payments or expenses have been made to any related parties to PCC members. ## **5. FIXED ASSETS** ## **5(a) TANGIBLE FIXED ASSETS (all unrestricted)** |Actual / Deemed Cost
B/Fwd
Additions
Disposals
C/Fwd
Depreciation
B/Fwd
Charge for Year
Disposals
C/Fwd
Net Book Value
C/Fwd
B/Fwd
**INVESTMENTS**
Purchases at cost
Disposals at carrying value
Revaluation gain/loss
Market value as at 31st December 2021
The market value represents investments for:
Unrestricted funds
Restricted funds
Endowment funds|Freehold
Land &
Buildings
284,500| |---|---| ||284,500| ||-
-
-| ||-| ||284,500| ||284,500| ||44,129
-
-| ||44,129| ||-
-
44,129| ||44,129| ## **5(b) INVESTMENTS** **The Parish of Up Holland and Dalton Accounts for the Year Ended 31st December 2021 Notes to the Financial Statements** Page 7 |**6**|**DEBTORS**|**2021**| |---|---|---| ||Prepayments and Accrued Income|-| ||Other Debtors|-| |||-| |**7**|**LIABILITIES**|| ||Amounts falling due within one year (unrestricted)|| ||STM Loan|7,918| ||Accruals|2,103| |||10,021| ||Amounts falling due after one year (unrestricted)|| ||STM Loan|4,007| |||4,007| |**8**|**FUNDS**|| ||The unrestricted funds comprise the Church Deposit Fund held by the CBF and the|| ||deposit accounts held by the bank.|| ||The restricted funds held by the CBF comprise the Deposit Fund for Church & Schools,|| ||Parish Room Accounts and the Ellen Moss Memorial Fund.|| ||FROST is held partly by the CBF and partly at the bank.|| ||STYLE AND CTS funds are held at source, all other funds are held at the bank.|| ||The Endowment Fund is the UpHolland Crawford Trust held by the CBF.|| |**8(a)**
**UNRESTRICTED FUNDS**
The closing balance of Unrestricted Funds comprise the following:
General Fund b/Fwd
Surplus in year
**8(b)**
**DESIGNATED FUNDS**
The closing balance Of Designated Funds comprise the following:
Administrative Assistant Fund|351,654
11,569| |---|---| ||363,223| ||10,000| ||10,000| |**8(c)**
**RESTRICTED FUNDS**
The closing balance of restricted funds comprise the following:
Bispham Charity Fund
Deposit Fund for Church & Schools
Parish Rooms Account
Ellen Moss Memorial Fund
Schools Ministry Group
STM General Flower Fund
STM Sundry Refreshments
STM Choir Fund
STM Youth Fund
STM Bells
STM FROST
STM STYLE Fund
STM Charity Fund
STM 2020 Grant Income
CTS 2020 Grant Income
CTS Women's Group
CTS Interact4all
CTS Legacy - J Marsh
**8(d)**
**ENDOWMENT FUNDS**
The closing balance Of Endowment Funds comprise the following:
UpHolland Crawford Trust Fund|-
12,191
150
1
36
1,240
1,151
49
160
2,433
10,548
17
347
855
6,357
96
1,249
11,560| |---|---| ||48,440| ||44,129| **The Parish of Up Holland and Dalton Accounts for the Year Ended 31st December 2021** ## **Independent examiner's report to the trustees of The Parish of Up Holland and Dalton** I report to the trustees on my examination of the accounts of The Parish of Up Holland and Dalton for the year ended 31st December 2021. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding to be reached. Paul Rothwell FCCA FCA CTA Myersons, Chartered Accountants 32 Derby Street Ormskirk Lancashire L39 2BY Date….........................................................