## # ## ## ## ## ## |||for|the year end|ed 3|1 De|cember 2|021| |---|---|---|---|---|---|---|---| ||||||||Page| |Contents|||||||2| |Administrative
Information||and Membership|||||3| |Structure,
Governance|and|Management|||||3| |Aim and Purpose|||||||4| |What we planned
to do|to achieve our charitable||||objectives||4| |What we achieved
and|how we||affected beneficiaries'|||lives|4-6| |Financial
Review|||||||7| |Parish Planned
Giving|in 2021||||||7-9| |Reserves
Policy|||||||9| |Investment
Policy|||||||9| |Risk Management|||||||9-10| |Independent
Examiner's|Report||||||11| |Statement ofFinancial Activities|||2021 and 2020||||12-13| |Balance Sheet|||||||14| |Notes to the Financial Statements|||||||14| |1.
Accounting
Policies|||||||15-16| |2.
Incoming
Resources|||||||16-17| |3.
Resources Expended|||||||18-19| |4.
Allocation ofSupport||and|Governance|Costs|||19| |5.
Staff Costs|||||||19| |6.
Parish Share|||||||20| |7.
Fixed Assets|||||||20-21| |8.
Investments|||||||21| |9.
Debtors|||||||22| |10.
Creditors|||||||22| |11.
Statement
of Funds 2021|||and 2020||||23-24| |12.
Contractual
Commitments|||||||24| |13.
Impact ofCOVID|19||||||24| |Detailed notes to the Statement|||of Financial|Activities:|||| |Incoming
Resources|||||||25| |Resources Expended|||||||26| |Outward
Giving Donations|||||||27| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Current financial year||Unrestricted
Funds
2|Designated
Funds
E|Restricted
Funds
f|Endowment
Funds
E|Year Ended
31Dec 2021
Total Funds
E|Year Ended
31 Dec 2020
Total Funds
f| |---|---|---|---|---|---|---|---| ||Notes||||||| |INCOMING RESOURCES|||||||| |Donations
and Legacies|2a|143,750||2,919||146,669|146,017| |Other fundraising
Activities|2b|5,536||||5,536|3,829| |Investments|2c|32,616|||15|32,631|34,091| |Church
Activities|2d|50,831||3,879||54,710|19,528| |Total Incoming Resources||232,733||6,798|15|239,546|203,465| |RESOURCES EXPENDED|||||||| |Costs of Raisin
Funds|||||||| |Voluntary
Income|3a||||||| |Fundraising
Costs|3b||||||| |Costs of renting
property|30|2,500||||2,500|2,549| |Ex enditure
on Charitable|||||||| |Activities|||||||| |Church Activities|3d|239,650||14,779|15|254,444|308,087| |Total Resources|||||||| |Expended||242,150||14,779|15|256,944|310,636| |Net Incoming Resources
before gains /(losses) on||(9,417)||(7,981)||(17,398)|(107,171)| |investments
and|||||||| |transfers|||||||| |Revaluation
on investments|||65,209|||65,209|26,976| |Revaluation
on fixed assets|||150,000|||150,000|| |Transfers
between
funds||(21,000)|20,000|1,000|||| |Net Movement
in Funds||(30,417)|235,209|(6,981)||197,811|(80,195)| |Reconciliation
of Funds|||||||| |Total Funds Brought|||||||| |Forward At 1 January
2021||69,226|952452|40,628|2,690|1,064,996|1,145,191| |Total Funds Carried|||||||| |Forward at 31 December
2021||38,809|1,187,661|33,647|2,690|1,262,807|1,064,996| ## ## |Prior financial year||Unrestricted
Funds
f|Designated
Funds
f|Restricted
Funds
f|Endowment
Funds
f|Endowment
Funds
f|Year Ended
31 Dec 2020
Total Funds
f|Year Ended
31Dec 2019
Total Funds
f| |---|---|---|---|---|---|---|---|---| ||Notes|||||||| |INCOMING RESOURCES||||||||| |Donations
and Legacies||135,320||10,697|||146,017|167,828| |Other fundraising
Activities||3,829|||||3,829|7,233| |Investments
Church Activities||34,076
17,826||1,702||15|34,091
19,528|36,378
42,804| |Total Incoming Resources||191,051||12,399||15|203,465|254,243| |RESOURCES EXPENDED||||||||| |Costs of Raisin
Funds||||||||| |Voluntary
Income|3a|||||||| |Fundraising
Costs
Costs ofrenting
property|3b
30|2,549|||||2,549|1,236
2,290| |Ex enditure
on Charitable||||||||| |Activities||||||||| |Church Activities|3d|297,854||5,418|4,815||308,087|233,601| |Total Resources||||||||| |Expended||300,403||5,418|4,815||310,636|237,127| |Net Incoming
Resources
before gains
/ (losses) on||(109,352)||6,981|(4,800)||(107,171)|17,116| |investments
and||||||||| |transfers||||||||| |Revaluation
on investments|||26,976||||26,976|60,831| |Transfers
between
funds||90,000|(90,000)|(88)|88|||| |Net Movement
in Funds||(19,352)|(63,024)|6,893|(4,712)||(80,195)|77,947| |Reconciliation
of Funds||||||||| |Total Funds Brought||||||||| |Forward
At 1 January 2020||88,578|1 015476|33735|7,402||1,145,191|1,067,244| |Total Funds Carried||||||||| |Forward at 31 December
2020||69,226|952,452|40,628|2,690||1,064,996|1,145,191| ## ## ||Notes|Unrestricted|Designated|Restricted|Endowment|2021|2020| |---|---|---|---|---|---|---|---| |||Fund|Fund|Fund|Funds||| ||||6||6|6|| |FIXEDASSETS|||600,000|||600,000|450,000| |INVESTMENTS|||||||| |Investment
Fund|||587,651|||587,661|502,452| |TOTAL FIXEDASSETS|||1,187,661|||1,187,661|952,452| |CURRENT ASSETS|||||||| |Debtors
Bank Current Accounts
Bank Reserve Accounts|9|11,270
17,679
78||24,403|2,690|11,270
44,772
78|10,829
86,370
?8| |Central Board ofFinance
Restricted
Bank &||17,580||||17,580|17,571| |Building Society Accounts
Cash
in Hand||100||8,897
347||8,897
447|8,896
324| |Total Current Assets||46,707||33,647|2,690|83,044|124,068| |LIABILITIES|||||||| |Amounts
Falling Due
Within One Year|10|(7,898)||||(7,898)|(11,524)| |Net Current Assets||38,809||33,647|2,690|75,146|112,544| |NET ASSETS||38,809|1,187,661|33,647|2,690|1,262,807|1,064,996| |FUNDS|||||||| |Unrestricted|11|38,809||||38,809|69,226| |Designated
Restricted
Endowment|11
11
11||1,187,661|33,847|2,690|1,187,661
33,647
2,690|952,452
40,628
2,690| |||38,809|1,187,661|33,647|2,690|1,262,807|1,064,996| ## ## ## ## ## ## ## ## ## ## ## ## ## |20 COMlsARATIVES|||||| |---|---|---|---|---|---| ||Unrestricted|Designated|Restricted|Endowment|Total| ||Funds
f|Funds
E|Funds
E|Funds
f|Funds
2020| ||||||E| |(a) Voluntary
Income|135,320||10,697||146,01?| |Including
planned|||||| |giving and income|||||| |tax recoverable|||||| |(b) Activities for|3,829||||3,829| |Generating
Funds|||||| |Including
car park|||||| |charges and fund|||||| |raising events|||||| |(c) Investment|34,076|||15|34,091| |Income|||||| |(d) Income from|17,829||1,702||19,528| |Church Activities|||||| |Including
hall|||||| |lettings
and church|||||| |fees|||||| |Total|||||| |Incoming Resources|191,051||12,399|15|203,465| ## ## |3. RESOURCES EXPENDED|||| |---|---|---|---| ||Church|Supportand|Total| ||Activities|Governance|2021| ||E|costs|E| |||E|| |(a) Cost of generating|||| |Voluntary
Income|||| |(b) Fund Raising|||| |Trading Costs|||| |(c)Cost of renting|2,500||2,500| |property|||| |(d) Church Activities|||| |General church|131,007|50,837|181,844| |activities (as below)|||| |Reordering
costs|72,600||72,600| |Total Resources|||| |Expended|206,107|50,837|256,944| |2020 COMPARATIVES|||| ||Church|Supportand|Total| ||Activities|Governance|2020| ||E|costs|E| |||E|| |(a) Cost of generating|||| |Voluntary
Income|||| |(b) Fund Raising|||| |Trading Costs|||| |(c)Cost of renting|2,549||2,549| |pfopelty|||| |(d) Church Activities|||| |Including
parish|||| |contribution,
hall|||| |running
expenses,|||| |admin cost, church|||| |maintenance
and|||| |outward
giving|133,117|45,401|178,518| |Reordering
costs|129,569||129,569| |Total Resources|||| |Expended|265,235|45,401|310,636| ## ## ## |||Total|Total| |---|---|---|---| |||2021f|2020
f| |Support Costs|||| |Staff Costs -|Administration|10,615|10,616| |Church
Running costs and||16,614|12,733| |maintenance|||| |Hall Running|costs|17,255|14,902| |Office expenses||3,304|3,867| |||47,788|42,118| |Governance|Costs||| |Bank charges||49|43| |Independent|Examiner costs|3,000|3,240| |||3,049|3,283| |Total||50,837|45,401| |5. STAFF COSTS||||||| |---|---|---|---|---|---|---| |Number ofemployees||||||| |The average
monthly|number|ofemployees|during|the year was:||| ||||||2021|2020| ||||||Numbers|Numbers| |Administrator|||||1|1| |Organist|||||1|1| |Cleaners|||||2|3| ||||||2021
f|2020| |Wages and Salaries|||||22,064|22,283| |Pension costs|||||127|128| ||||||22,191|22,411| ## ## ## ## ## ## ## |.INVESTMENTS|.INVESTMENTS||||| |---|---|---|---|---|---| |Investment
Shares:
Market Value as at 1 January 2021
Purchases/(Sales)
Transfer to diocese||Designated
Funds
E
502,452
20,000|Endowment
Fundsf|Total
2021
E
502,452
20,000|Total
2020f
502,452
(90,000)| |Gain on Revaluation
Market Value as at 31|December 2021|65,209
587,661||65,209
587,661|29,976
502,452| |Accumulated
Income:|||||| |As at 1 January 2021
Income for the year|||15|15|4,712
275| |Withdrawn
As at 31 December 2021|||(15)|(15)|(4,987)| |||587,661||587,661|501,452| |storical Cost (designated|investment)||||| |At 31 December 2021||||415,000|| |At 31 December 2020||||395,000|| ## |it is considered
to re|present
unrestdicted
income and is available
fo|r use as th|e truste|es s|ee fit.||| |---|---|---|---|---|---|---|---| |Date|Shares acquired|||No|ofshares||Cost (E)| |November 2014
November 2014
August 2015
August 2015
March 2017
June 2017
April 2018
April 2018
May 2021|CBFFixed Interest Securities Fund (income)
CBF Investment
Fund (income)
CBF Fixed Interest Securities Fund (income)
CI3F Investment
Fund (income)
CBF Investment
Fund (income)
CBF Investment
Fund (income)
CBFInvestment
Fund (income)
CBF Property
Fund (income)
CBFProperty
Fund (income)||||164,915.71
3,752.96
60,679.61
1,805.47
3.208.73
7,057.03
3,947.58
44,751.54
14,623.09||270,000
50,000
100,000
25,000
50,000
115,000
62,500
62,500
20,000| ||Shares sold|||||Proceeds (E)|| |November 2016
June 2017
April 2018
August 2020|CBF Fixed Interest Securities
Fund (income)
CBF Fixed Interest Securities
Fund (income)
CBFFixed Interest Securities Fund (income)
CBF Fixed Interest Securities
Fund (income)||||5,901.10
66,751.80
76,627.28
53,345.98||10,000
115,000
125,000
90,000| |The investment
shares
used to include
592 shares
in the CBF
transferred.
Investments
are held primarily
to provide an investment||Investment
return for|Fund
(income)
shares,
the church.|||which|has
now been| |All investment
assets|are held in the UK.||||||| ## ## ## ## ## ## ## ## ## ## |||||Bal B/fwd||||Transfers,|Transfers,|Bal C/fwd| |---|---|---|---|---|---|---|---|---|---|---| |||||1Jan 20|Income|Expenditure||Other||31 Dec 20| |||||8|6|5||Gains &||8| |||||||||Losses||| |||||||||5||| |Designated
Funds||||||||||| |Land and building
Investments||||450,000
565,476||||63,024||450,000
502,452| |||||1,015,476||||(63,024)||952,452| |Unrestricted
Funds||||88,578|191,051|(300,403)||90,000||69,226| |Restricted
Funds||||||||||| |Outward
Giving Donations
St Swithun's
Chancel Trust
St Swithun's:|||||472
275||(472)||(88)|187| |Flower Fund
Bell ringers
Fund
Social Committee||||480
2,181
750|538
224
90||(485)
(342)|||533
2,063
840| |Coffee Shop
Vicar's Discretion||||5,540
55|353|(3,546)||||2,347
55| |Open House
Choir Management
Group
Donations
to Floodlighting
Fabric Fund
Youth Donations||Spo|nsorship|424
793
150
5,504
368|150
165
95
8,956||(270)
(120)
(80)|||304
838
165
14,460
368| |Verger's Fees
Piano Fund
St Luke's:||||225
6,030|900||(30)|||195
6,930| |Flower Fund||||135||||||135| |Women's
Club||||203|45|||||248| |Tea and Toys Toddler Group
Teddies
Fabric Fund
StBarnabas
Fabric Fund
Sunnyside
Rent Deposit||||952
584
3,723
4,791
847|115
21||(54)
(19)|||1,0'I 3
586
3,723
4,791
847| |||||33,735|12,399|5,418|||88|40,628| |Endowment
Funds||||||||||| |St Swithun's
Chancel
Betchley Trust Fund
St Swithun's
Crawfurd|Trust
Trust|(see note)||4,712
2,510
180|15|(4,800)
(15)|||88|2,510
180| |||||7,402|15|4,815|||88|2,690| |||||1,145191|203,465|310,636||26,976||1,064,996| ## ## ## ## ## ||||INCOMING|RESOURC|ES||| |---|---|---|---|---|---|---|---| |||Unrestricted|Designated|Restricted|Endowment|Total|Total| |||Funds|Funds|Funds|Funds|Funds|Funds| |||E|E|E|E|2021|2020| |||||||E|E| |(a) Voluntary
Income|||||||| |Planned
Giving
Collection
at all||100,531||||100,531|103,167| |Services
Sundry
Donations|and|6,650||||6,650|1,747| |Appeals
Chancel Trust Grant||3,058||2,560
359||5,618
359|8,760
275| |Income Tax|||||||| |Recoverable
Legacies
(b) Activities for||23,411
10,100
143,750||2,919||23,411
10,100
146,669|23,693
8,375
146,017| |Generating
Funds|||||||| |Car Park Charges
(c) Investment
Income||5,536
5,536||||5,536
5,536|3,829
3,829| |Dividends
& Interest
Rental income||16,116
16500|||15|16,131
16,500|17,771
16,320| |(d) Income from Church||32,616|||15|32,631|34,091| |Activities|||||||| |Church
Hall Lettings
Church Fees
Bookstall||16,391
8,266||||16,391
8,266|8,486
4,432
109| |Rates refund|||||||| |Feed in Tariff
Furlough
scheme
Arts 8 Music Festival||920
1,526||||920
1,526|1,624
2,428| |VAT refunds
Miscellaneous
Income||23,483
245||||23,483
245|747| |Bell ringers
Fund
Flower Funds
Social Committee||||1,032
1,491||1,032
1,491|224
538
90| |Coffee Mornings/Shop||||465||465|353| |Open House||||231||231|105| |Women's
Club|||||||45| |Tea &Toddler Group|||||||116| |Teddies|||||||21| |St. Swithun's
Choir||||660||660|165| |Management
Group|||||||| |||50,831||3,879||54,710|19,528| |Incoming Resources||232,733||6,798|15|239,546|203,465| ## ## ||Unrestricted
Funds
2|Designated
Funds
2|Restdicted
Funds
E|Endowment
Funds
2|Total
2021
2|Total
2020
2| |---|---|---|---|---|---|---| |(a) Cost ofgenerating||||||| |Voluntary
Income||||||| |Envelope Scheme||||||| |(b) Fund Raising Trading||||||| |Costs||||||| |Bookstall
& Baubles||||||| |(c) Cost of letting property|2,500||||2,500|2,549| |(d) Church Activities||||||| |Missionary
& Charitable||||||| |Giving||||||| |Church Overseas
Home Missions and other|6,713||1,150||7,863|6,560| |Church Societies
Ministry Costs:|6,300
13,013||1,218
2,368||7,518
15,381|5,862
12,422| |Parish Share
Church
Insurance
Other Clergy Costs
Capital Expenditure:|83,985
5,533
7,526||400|15|84,000
5,933
7,526|82,000
5,900
6,859| |Reordering
Costs
Organ
Tower repairs
Sunnyside
project
Piano
Church
Running
exps
Church Maintenance
Upkeep ofServices|6,940
37,129
15,817
5,684
6,695
9,734
476||7,030
185||6,940
37„129
15,817
12„714
6,880
9,734
476|129,569
9,395
7,673
4,320
666| |Junior Church
8,Youth|687||106||793|826| |Music
Outreach
& Evangelism|11,447
596||||11,447
596|10,696| |Church
Halls Running
Costs|17,255||||17,255|14,902| |Parish Office Expenses
Administrator
Miscellaneous|3,304
10,615
165||||3,304
10,615
165|3,867
10,616
227| |Bank Charges|49||||49|43| |Bell ringers
Fund|||959||959|342| |Fiower Funds
Social Committee|||1,707
124||1,707
124|485| |Coffee Shop
Open House|||434
257||434
257|3,576
270| |Women's
Club|||248||248|| |Tea &Toys Toddler Group
Teddies
St. Swithun's
Choir|||586
375||586
375|54
19| |Management
Group
Accountancy
Fees
Computerisation
of|3,000||||3,000|120
3,000
240| |accounts||||||| |Total Resources|239,650||14,779|15|254,444|308,087| |Expended|242,150||14,779|15|256,944|310,636| ## ## |||Total||||Total| |---|---|---|---|---|---|---| |Overseas||6|Home|||6| |USPG||2,363|Diocesan
Family Support Work|||1,620| |Mission Aviation|Fellowship|1,000|St.Catherine's
Hospice|||1,520| |Embrace the Middle East||900|Crawley
Open House|||1,000| |Practical Action||800|Church
Army|||700| |Mercy Ships||600|Chestnut Tree House|Children' s|Hospice|700| |CMS||500|East Grinstead
Food|Bank||700| |Mission to Seafarers||500|Samaritans
Tunbridge|Wells||400| |Tear Fund||400|Jigsaw|||320| |Send a Cow at|Harvest|400|Sussex Pathways|||300| |Bible Society||400|Parkinson's
UK|||194| ||||Children's
Society|||64| |||7,863||||7,518|