##
|Report
of|the|Trustees|||||to|7|
|---|---|---|---|---|---|---|---|---|
|Independent||Examiner's||Report|||8||
|Statement|of|Financial||Activities|||9||
|Balance
Sheet|||||||10||
|Cash Flow|Statement||||||II||
|Notes
to|the|Cash Flow||Statement|||12||
|Notes
to|the|Financial||Statements||13|to|23|
|Detailed
|Statement
||of|Financial
|Activities|24|to|25|
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|Incumbent:|The Revd Rebecca Alison Lumley (Chairman)|
|---|---|
|Readers:|Stephen Parkin and John Edmond|
|Wardens:|Beverley Lawrence, Gill Gregory, Jill Edmond, and Keith Gilson|
|Elected
Members:|||
|---|---|---|
|Mark Merryweather|Rhys Davies|Peter Pocock|
|Richard Mattock|Alice Lee|Alan Ball
(from 9 May 2021 )|
|Emma Holdstock|Lavinia Raynor|Clair-Louise
Raynor (from 8 May 2021 )|
|Margaret Hairsine|Ed Norman|John Edmond|
|Joanne Boulter|Simon Pike|David Warren|
|Anne Mansfield (to 9 May 2021)|Jenny Cattermole (to 9 May 2021 )|Sue Merryweather
(to 9 May 2021)|
|John Constable (to 9 May 2021)|WillFowler (to9May 2021 )|Ray Rumkee (to 9 May 2021)|
|David Bowden (to 9 May 2021 )|Judith Bowden (to 9 May 2021)|Kathy Doughty (to 9 May 2021 )|
##
##
##
|||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Endowment|Total|Total|
||||||fund|funds|funds|funds|funds|
|||||Notes|{|L|L|||
|INCOME
AND||||||||||
|ENDOWMENTS|||FROM|||||||
|Donations
and legacies|||||117,044|618,932||735,976|700,545|
|Charitable
|activities|||||||||
|Church Activities|||||7,240|||7,240|6,885|
|Other trading|activities||||8,075|I 2,985||21,060|10,994|
|Investment
income|||||24,868|21 ,634||46,502|52,141|
|Other income|||||5,327|12,956||18,283|17,339|
|Total|||||162,554|666,507||829,061|787,904|
|EXPENDITURE||ON||||||||
|Raising funds||||6|1,925|108||2,033|4,280|
|Charitable
|activities|||7||||||
|Church Activities|||||156,159|753,880||910,039|926,964|
|Total|||||158,084|753,988||912,072|931 ,244|
|Net gains on|investments||||59,047|121 ,299|76,375|256,721|107,849|
|NET||||||||||
|INCOME/(EXPENDITURE)|||||63,517|33,818|76,375|173,710|(35,491)|
|RECONCILIATION|||OF|||||||
|FUNDS||||||||||
|Total
funds|brought||forward||464,217|1,213,590|519,184|2,196,991|2,232,482|
|TOT
AL FUNDS
||CARRIED||||||||
|FORWARD|||||527,734|1,247,408|595,559|2,370,701|2,196,991|
##
||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|Total|Total|
|||||fund|funds|funds|funds|funds|
||||Notes|L|||L||
|FIXED
ASSETS|||||||||
|Investments|||II|471,804|966,407|595,559|2,033,770|I ,773,849|
|CURRENT|ASSETS||||||||
|Stocks||||I ,046|||I ,046|I ,259|
|Debtors||||3,094|I3,345||16,439|17,279|
|Cash at bank||||64,751|267,656||332,407|421,355|
|||||68,891|281 ,001||349,892|439,893|
|CREDITORS|||||||||
|Amounts
falling due||within one year|14|(12,961)|||(12,961)|(16,751)|
|NET CURRENT
||ASSETS||55,930|281 ,001||336,931|423,142|
|TOT
AL ASSETS
||LESS|||||||
|CURRENT|LIABILITIES|||527,734|I ,247,408|595,559|2,370,701|2, 196,991|
|NET
ASSETS||||527,734|I ,247,408|595,559|2,370,701|2, 196,991|
|FUNDS|||IS||||||
|Unrestricted|funds||||||527,734|464,217|
|Restricted
|funds||||||I ,247,408|1,213,590|
|Endowment|funds||||||595,559|519, 184|
|TOTAL
|FUNDS||||||2,370,701|2, 196,991|
##
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||||Notes|||
|Cash flows from|operating||activities|||||
|Cash generated from operations||||||(132,250)|(194,822)|
|Net cash used in|operating
|activities||||(132,250)|(194,822)|
|Cash flows from|investing||activities|||||
|Purchase of fixed|asset investments|||||(3,200)||
|Sale of fixed asset|investments||||||225,000|
|Dividends received||||||46,502|52,141|
|Net cash provided|by investing||activities|||43,302|277,141|
|Change
in cash|and cash|equivalents
||in the||||
|reporting
period||||||(88,948)|82,3 19|
|Cash and cash equivalents|||at the beginning|||||
|of the reporting|period|||||421,355|339,03(i|
|Cash and cash equivalents|||at the end|of||||
|the reporting
period||||||332,407|421,355|
##
##
|ACTMTIES|||||
|---|---|---|---|---|
||||2021|2020|
||||{|{|
|Net income/(expenditure)|for the reporting|period (as per the|||
|Statement
of Financial
|Activities)||173,710|(35,491)|
|Adjustments
for:|||||
|Gainoninvestments|||(256,721)|(107,849)|
|Dividendsreceived|||(46,502)|(52,141)|
|Decreaseinstocks|||213|235|
|Decrease/(increase)indebtors|||840|(808)|
|(Decrease)/increaseincreditors|||(3,790)|1,232|
|Net cash used in operations|||(132,250)|(194,822)|
##
|||At I / I /2I|Cash flow|At31/12/21|
|---|---|---|---|---|
|||||L|
|Net|cash||||
|Cash|at bank|421 ,355|(88,948)|332,407|
|||421,355|(88,948)|332,407|
|Total||421,355|(88,948)|332,407|
##
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##
||||||202||2020|
|---|---|---|---|---|---|---|---|
|Planned Giving - Gift Aid Dona tion|||||66,664||65,527|
|Gift aid|||||20|768|25,538|
|Legacies|||||||000|
|Grants and||insurance||claims|||56,773|
|Plate collections|||||13,928||4 433|
|Donations,|appeals||etc||534,616||437,274|
||||||735,976||700,545|
|Grants received, included in the above, are as follows:||||||||
||||||2021||2020|
|Other
grants|||||||56,773|
|OTHER
|TRADING|||ACTMTIES||||
||||||202||2020|
|Fundraising|||||4|453|2,774|
|Church &|Parish Hall letting||||5|990|7 483|
|Bookstall||||||617|737|
||||||21|,060|10,994|
|INVESTMENT|||INCOME|||||
||||||2021||2020|
|Investment||income|||46,502||52, 14|
##
|||||||2021|2021|2020|
|---|---|---|---|---|---|---|---|---|
|||||Activity|||||
|PCC|Fees|||Church|Activities|7,240||6,885|
|RAISING
||FUNDS|||||||
|Other|trading||activities||||||
|||||||202||2020|
|Purchases|||||||296|266|
|Fundraising||expenses|||||737|4014|
|||||||2,033||4,280|
##
||||Support||
|---|---|---|---|---|
|||Direct|COStS
Isee||
|||Costs|note 8)|Totals|
|||L|||
|Church Activities||905,068|4 97|910 039|
|SUPPORT|COSTS||||
##
##
|COMPARATIVES||FOR THE|STATEMENT|OF FINANCIAL|ACTIVITIES|||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|Total|
|||||fund|funds|funds|funds|
|||||{|{|||
|INCOME
AND
|ENDOWMENTS||FROM|||||
|Donationsandlegacies||||100,303|600,242||700,545|
|Charitable
activities||||||||
|Church Activities||||6,885|||6,885|
|Other
trading activities||||3,627|7,367||10,994|
|Investment
income||||26,861|25,280||52,141|
|Other income||||17,339|||17,339|
|Total||||155,015|632,889||787,904|
|EXPENDITURE|ON|||||||
|Raising funds||||2,854|I ,426||4,280|
|Charitable
activities||||||||
|Church Activities||||167,565|759,399||926,964|
|Total||||170,419|760,825||931 ,244|
|Net gains on investments||||26,558|59,662|21,629|107,849|
|NET INCOME/(EXPENDITURE)||||11,154|(68,274)|21 ,629|(35,491)|
|RECONCILIATION||OF FUNDS||||||
|Total
funds brought||forward||453,003|I ,281 ,864|497,555|2,232,482|
|TOTAL
FUNDS|CARRIED
||FORWARD|464,217|I ,213,590|519,184|2,196,991|
##
##
|||||||Listed|
|---|---|---|---|---|---|---|
|||||||investments|
|MARKETVALUE|||||||
|At I January 2021||||||I ,773,849|
|Additions||||||3,200|
|Revaluations||||||256,721|
|At 31 December|2021|||||2,033,770|
|NETBOOKVALUE|||||||
|At 3I December|2021|||||2,033,770|
|At 3 I
December|2020|||||I ,773,849|
|There were no|investment||assets|outside the UK.|||
|Cost or valuation|at 31|December||2021 is represented|by:||
||||||||Listed|
|---|---|---|---|---|---|---|---|
||||||||investments|
||Valuation in 2021||||||2,033,770|
|12.|STOCKS|||||||
|||||||2021|2020|
||Stocks|||||I ,046|I ,259|
|ix.|DEBTORS:
|AMOUNTS|FALLING|DUE WITHIN|ONE YEAR|||
|||||||2021|2020|
||Other debtors|||||13,230||
||Gift Aid recoverable|||||3,209|2,998|
|||||||16,439|17,279|
##
|||||202|2020|
|---|---|---|---|---|---|
|Other creditors|||||6,751|
|MOVEMENT|IN|FUNDS||||
|||||Net||
|||||movement|At|
||||Atl/1/21|in funds|31 / I 2/2 I|
|||||l|l|
|Unrestricted|funds|||||
|General fund|||464,217|63,517|527,734|
|Restricted
|funds|||||
|Restoration
|Fund||I ,068,561|(10,478)|I ,058,083|
|Organ Fund|||76,51 I|I I ,2(i I|87,7n|
|Parish Hall|||34, 151|16,366|50,5 17|
|Tower Fund|||20, 152|3,653|23,SOS|
|Other Restricted
||Fund|14,186|(971)|13,215|
|Bosses Project|||29|13,987|14,016|
||||I ,213,590|33,818|I ,247,408|
|Endowment|funds|||||
|Restoration
|Fund||208,600||208,600|
|Organ Fund|||82,851||82,851|
|Endowment
|Fund||227,733|76,375|304,108|
||||519, 184|76,375|595,559|
|TOTALFuNDS|||2,196,991|173,710|2,370,701|
##
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|Unrestricted||funds|||||
|General fund|||162,554|(158,084)|59,047|63,517|
|Restricted|funds||||||
|Restoration|Fund||577,748|(695,140)|106,914|(10,478)|
|Organ Fund|||3,681||7,580|I I ,261|
|Parish Hall|||25, 148|(12,527)|3,745|16,366|
|Tower Fund|||I ,792|(1,199)|3,060|3,653|
|Other Restricted||Fund|2,725|(3,696)||(971)|
|Bosses Project|||55,413|(41 ,426)||13,987|
||||666,507|(753,988)|121 ,299|33,818|
|Endowment|funds||||||
|Endowment|Fund||||76,375|76,375|
|TOTAL
|FUNDS||829,061|(912,072)|256,721|173,710|
##
##
##
|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between||
||||At 1/1/20|in funds|funds|31/12/20|
||||L||||
|Unrestricted||funds|||||
|General fund|||453,063|11,154||464,217|
|Restricted|funds||||||
|Restoration|Fund||1,105,564|241 ,997|(279,000)|I ,068,561|
|Organ Fund|||68,494|8,017||76,51 I|
|Parish Hall|||41 ,201|(7,050)||34, 151|
|Tower Fund|||18,597|1,555||20, 152|
|Other Restricted||Fund|II ,922|2,264||14,186|
|Bosses Project|||36,086|(315,057)|279,000|29|
||||I ,281 ,864|(68,274)||I ,213,590|
|Endowment|funds||||||
|Restoration|Fund||200,637|7,963||208,600|
|Organ Fund|||83,838|(987)||82,851|
|Endowment|Fund||213,080|14,653||227,733|
||||497,555|21,629||519, 184|
|TOTAL
|FUNDS||2,232,482|(35,491)||2, 196,991|
##
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|||l|L|||
|Unrestricted|funds|||||
|General fund||155,015|(170,419)|26,558|I I , 154|
|Restricted
|funds|||||
|Restoration
|Fund|301 ,466|(112,668)|53,199|241 ,997|
|Organ Fund||4,608||3,409|8,017|
|Parish Hall||8,901|(17,635)|I ,684|(7,050)|
|Tower Fund||885|(700)|I ,370|I ,555|
|Other Restricted Fund||7,072|(4,808)||2,264|
|Bosses Project||309,957|(625,0 14)||(315,057)|
|||632,889|(760,825)|59,662|(68,274)|
|Endowment|funds|||||
|Restoration
|Fund|||7,963|7,963|
|Organ Fund||||(987)|(987)|
|Endowment
|Fund|||14,653|14,653|
|||||21 ,629|21 ,629|
|TOT
AL FUNDS||787,904|(931 ,244)|107,849|(35,491)|
##
##
##
##
##
||||2021|2020|
|---|---|---|---|---|
|INCOME
|AND
ENDOWMENTS||||
|Donations|and legacies||||
|Planned Giving - Gift||Aid Dona tion|66,664|65,527|
|Gift aid|||120,768|125,538|
|Legacies||||I ,000|
|Grants and|insurance|claims||56,773|
|Plate collections|||13,928|14,433|
|Donations,
|appeals etc||534,616|437,274|
||||735,976|700,545|
|Other
trading
activities|||||
|Fundraising|||4,453|2,774|
|Church &|Parish Hall|letting|IS,990|7,483|
|Bookstall|||617|737|
||||21 ,060|10,994|
|Investment|income||||
|Investment|income||46,502|52,141|
|Charitable|activities||||
|PCC Fees|||7,240|6,885|
|Other
income|||||
|Other income|||18,283|17,339|
|Total
incoming
resources|||829,061|787,904|
|EXPENDITURE|||||
|Other
trading
activities|||||
|Bookstall|||296|266|
|Fundraising|expenses||1,737|4,014|
||||2,033|4,280|
|Charitable|activities||||
|Mission &|charitable
|giving|2,708|5,394|
|Carried forward|||2,708|S,394|
##
|||||||202|2020|
|---|---|---|---|---|---|---|---|
|Charitable
activities||||||||
|Brought
forward||||||2,708|5,394|
|Parish share||||||72,504|72,500|
|Church
upkeep||||||19,912|30,656|
|Working
expenses
||of|incumbent|||17,262|16,135|
|Vicarage||||||291|I , I 85|
|Clergy
assistants|||||||135|
|Minor
maintenance
||&|repairs|||II ,770|IO,(i32|
|Church
services||||||2, 199|2,739|
|Parish training,
|mission,||educ|ation||8,248|5,273|
|Major Church
|repairs|||||740,358|746,018|
|Honoraria
eg choir,||organists||||I I ,560|I I ,453|
|Fund raising officer||||||18,256|24,052|
|||||||905,068|926, 172|
|Support
costs||||||||
|Governance|costs|||||||
|Accountancy
|and|ind|exam'n|||4,971|792|
|Total resources|expended|||||912,072|931 ,244|
|Net
expenditure||before
||gains and losses||(83,01 I )|(143,340)|
|Realised
recognised|||gains||and losses|||
|Realised gains/(losses)|||on fixed||asset investments|256,721|107,849|
|Net income/(expenditure)||||||173,710|(35,491)|