## **TRUSTEES ANNUAL REPORT** 

for the 

## **2022 Annual Parochial Church Meeting** 

of the 

## **Parish Church of St Mary the Virgin, Monken Hadley** 

## **Notes** 

- The Church Representation Rules (Rule 9 (1)(b)) require ‘an annual report on the proceedings of the parochial church council and the activities of the parish generally’ to be received by the Annual Parochial Church Meeting (APCM). 

- The Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) requires a Trustees’ Annual Report. See http://www.charitysorp.org/media/619101/frs102_complete.pdf. 

- Attached to this form are our Annual Accounts and Financial Statements. 

|Section A<br>Section B<br>Section C<br>Section D<br>Section E<br>Section F<br>Section G|Reference and Administration Details|
|---|---|
||Structure, governance and Management|
||Objectives and Activities|
||Achievements and Performances|
||Financial Review|
||Optional information|
||Trustee Declarations|



**TAR 2021** 

1 

Monken Hadley 



**Trustees' Annual Report for the period** 

||**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|
|---|---|---|---|---|---|---|---|---|---|
||**From**|Period start date|||**To**|Period end date||||
|||Day<br>**01**|Month<br>**01**|Year<br>**2021**||Day<br>**31**|Month<br>**12**||Year<br>**2021**|
|||||||||||
|**Section A**|**Reference and administration details**|||||||||
|**Charity name**<br>**Other names charity is known by**<br>**Registered charity number (if any)**<br>**Charity's principal address**<br>(eg. Address of the church or church<br>office)||||||||||
|||<br>The Parochial Church Council of the Ecclesiastical Parish of<br>St Marythe Virgin,Monken Hadley||||||||
|||||||||||
|||The PCC of Monken Hadley||||||||
|||1131428||||||||
|||<br> <br>The Rectory||||||||
|||<br>Hadley Common||||||||
|||Barnet, Hertfordshire||||||||
|||**Postcode**EN5 5QD||||||||



**Names of the charity trustees – Members of the PCC -  who manage the charity** 

|1<br>2<br>3<br>4<br>5<br>6<br>7<br>8<br>9<br>10<br>11<br>12<br>13<br>14<br>15<br>16<br>17<br>18<br>19<br>20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole year**|
|---|---|---|---|
||Revd Dr Thomas Renz|Rector||
||John Gillman|Churchwarden & Deanery Synod Representative||
||Barbara Taylor|Churchwarden||
||Kofi Ofori-Quaah|Deanery Synod Representative||
||Sally Gillman|Honorary Secretary||
||Johanne Carstairs|||
||Janet Clarke|||
||Charlie Fisher|||
||Anne Fitzpatrick|||
||Katie Morris|||
||Tricia Narracott-Wales||from 18 April|
||Caroline Poole|||
||Sarah Roth||until  18 April|
||Flavia Woodhouse|||
||Michael Yorke|||
|||||
|||||
|||||
|||||
|||||
||**Name of Chairman of the PCC (Optional information)**|||



Revd Dr Thomas Renz 

**TAR 2021** 

2 

Monken Hadley 



**Section B              Structure, governance and management** 

## **Description of the charity’s trusts** 

Type of governing document  Parochial Church Council Powers Measure (1956) as amended, and Church (eg. trust deed, constitution) Representation Rules that came into effect on 2 January 1957, as amended 

How the charity is constituted 

- (eg. trust, association, company) 

> [Church Representation Rules ] 

Trustee selection methods 

Trustee selection methods The appointment of PCC members is governed by and set out in the Church (eg. appointed by, elected by) Representation Rules. The parish’s clergy, churchwardens and Synod members are ex officio members of the PCC. At present up to _ten_ additional members are elected (following a resolution at the 2014 Annual Parochial Church meeting). 

## **Public Benefit Statement (Mandatory information)** 

The trustees of the Charity are aware of the Charity Commission’s guidance on public benefit in _The Advancement of Religion for the Public Benefit_ and have had regard to it in their administration of the Charity. The parish's safeguarding policies and practice for the protection of vulnerable people in the church community is in line with the House of Bishops' guidance. 

**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** 

The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of St Mary the Virgin, Monken Hadley, it helps to promote the whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by: 

- Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers; and 

- Promoting Christian faith, hope and love which finds expression in Christian service by members of the Church in and to their communities, to the benefit of individuals and society as a whole; and 

- Maintaining the fabric of the Church of St Mary the Virgin, Monken Hadley (a Grade II* listed building) and Church House, a community facility within the Monken Hadley conservation area 

## **Additional governance issues (Optional information)** 

You **may choose** to include additional information, where relevant, about: 

- policies and procedures adopted for the induction and training of trustees; 

- the charity’s organisational structure and any wider network with which the charity works; 

- relationship with any related parties; 

- trustees’ consideration of major risks and the system and procedures to manage them; (Put your Risk Assessment Policy here) 

Members of the Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Monken Hadley are also managing trustees of **Church House** whose custodian trustee is the body corporate called the London Diocesan Fund. 

Members of the Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Monken Hadley are also ex officio trustees of the **Sir Justinian Pagitt Ecclesiastical Charity** . 

St Mary the Virgin, Monken Hadley belongs to the Central Barnet deanery of the Diocese of London and is a member of **Churches Together in Chipping Barnet** . 

The **treasurer** is Tim Fitzpatrick, a member of the church but not of the Parochial Church Council. 

The **architect** for our quinquennial inspections is Michael Poteliakhoff RIBA AABC of Gerald Shenstone and Partners. St. Paul’s Institute, 302 The Highway, London E1W 3DH. 

Our **independent examiners** are Keelings & Jones Hunt Ltd. Chartered 

- Accountants, Broad House, 1 The Broadway, Old Hatfield, Hertfordshire, AL9 5BG. 

**TAR 2021** 

3 

Monken Hadley 



## **Section C                    Objectives and activities** 

The Parochial Church Council of Monken Hadley (PCC) has the responsibility of cooperating with the incumbent, the Reverend Dr Thomas Renz, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social, and ecumenical. The PCC is also specifically responsible for the maintenance of the Church complex of St Mary the Virgin, Monken Hadley. **Summary of the objects of the charity set out in its governing** The PCC is committed to enabling as many people as possible to worship at our **document** church and to become part of our parish community at St Mary the Virgin, Monken Hadley.  The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament. 

## **Additional details of objectives and activities (Optional information)** 

The parish church of Monken Hadley both serves its members (who do not all live inside the ecclesiastical parish) and the local community. Long-standing activities in the latter category are our involvement with a linked primary school and a tradition of bell ringing.  We also organise social events that are You may choose to include further geared towards establishing and deepening links with non-churchgoing statements, where relevant, about: members of the community, thus contributing to community cohesion.  policy on grantmaking; Our investment policy is to generate income rather than capital gain, with  policy programme related funds either held in cash or on deposit with a highly-diversified portfolio fund containing a well-balanced spread of investments that is managed in investment; accordance with the guidance of the Church of England’s Ethical Investment  contribution made by Advisory Group. This portfolio is invested mainly in equities but will also volunteers; include fixed interest securities, property and other assets 

- policy programme related investment; 

- contribution made by volunteers; 

The Rector receives a stipend to which the PCC contributes via the London Diocesan Common Fund. The PCC pays for the services of the choir master and occasionally for an additional organist. All other contributions are made by volunteers. 

## **Section D                      Achievements and performance** 

Following further development of our Zoom services with a breakout room dedicated to Sunday School and a Lenten book club run on Zoom, we were later in the year slowly emerging from the COVID-19 pandemic 

**Summary of the main achievements of the charity during the year** 

- Church House was cleaned up by various working parties in March to make it ready to be used again, especially by the Sunday School (now renamed Sunday Club),for  tea and coffee after church services, by the Guides and Rangers, and by the Cricket club; this involved also repairs to the heating system and water mains, an Electrical Installation Condition Report and various changes to the electrics 

- Public worship moved again exclusively online in January following the Mayor of London’s declaration of a major incident in the wake of the emergence of the omicron variant; the church was re-opened in late March and the main service at 10.30am moved to be in-person from August with Zoom services discontinued; by October tea and coffee was served again after the main service 

- Our Director of Music having moved to Cambridge during the pandemic, we appointed a successor in time for the resumption of main services in the church building 

**TAR 2021** 

4 

Monken Hadley 



- First steps were taken towards establishing a phone line and internet connection within the church building 

- Adele Burgess, our former Curate, joined the congregation again in the summer, following her move from airport to hospital chaplaincy. Her various contributions, especially with regard to preaching and pastoral care, enabled the Rector to accept an invitation to take responsibility for two modules at Oak Hill Theological College 

- Continuing fundraising efforts for the restoration of Church House focused on applications to grant-making bodies 

## **Section D                      Achievements and performance (contd.)** 

New Mission Action Plan Fundraising for Church House Re-establishing Sunday School (as Sunday Club) 

**Summary of the main objectives of the charity planned in the following year** 

Re-establishing wider connections with Monken Hadley School and Mount House School Starting an occasional mid-week Zoom service Exploring options for livestreaming Recruiting new PCC members 

**TAR 2021** 

Monken Hadley 

5 



**Section E                    Financial review** 

## **Review of the charity’s financial position at the end of the reporting period** 

A very strong overall financial performance in the year ended 31 December 2021 which focused heavily on Church House Restoration fundraising.  The continuing impact of the COVID-19 pandemic did however restrict core Church fundraising opportunities.  Thankfully our regular Church giving, supported by the electronic giving platform “GiveTap” remained strong and the Church is hugely grateful to its members for their continued commitment.  Social distancing and lockdowns for most of the year have however restricted our ability to generate income from fund raising events, weddings, and Church House rentals.  Cash collections at services and envelope giving continues to be impacted. 

Key financial highlights are: 

- Church House Restoration fundraising was significantly higher this year due to the focus and diligence of the Church House Fund raising team who raised nearly £120,000 from a combination of systematic approaches to Trusts and Foundations, events, mailshots, a dedicated fundraising Brochure, Video and “landing page” on our web site.  We are now nearly half way to our fundraising target of £775,000. 

- Church House continues to make a positive contribution despite the deterioration of the building.  We did however have to spend over £4,000 in repair and maintenance earlier in the year to allow the hall to safely reopen as COVID lockdown restrictions were progressively lifted. 

- Gate House donation (£5,000) from the Sir Justinian Pagitt charity is lower than 2020 to maintain reserves in the charity. There was no tenancy rental income in the second half of 2020 and potential building refurbishment cost following the remedial sewer repairs at the front of the property causing some building movement. 

- Consistent Planned Giving and other donations (£76,000) and one legacy (£5,000) 

Costs were well controlled, increasing slightly on 2020 mainly as a result of the progressive easing of COVID restrictions, Church House essential repairs and essential electrical and boiler work in the Church. We also fulfilled our commitment to the London Diocesan Fund. 

Despite the challenges of the COVID Pandemic, 2021 continues the trend of solid  financial performance which keeps us on a more sustainable trajectory for the future and more able to handle challenges and support initiatives as they arise. 

**TAR 2021** 

6 

Monken Hadley 



## Overall financial performance highlights are: 

- Income was £92,566 higher than 2020 at £228,792. 

- Expenditure was £4,290 higher than 2020 at £110,582. 

- Cash balances were £116,195 higher at £295,418. 

- Investments were £4,391 higher at £35,343. 

- Parish Funds were £118,210 higher at £363,279. 

Overall net income (Revenue less costs) at £118,210 was just under £90,000 higher than 2020.  A strong result which was heavily influenced by Church house Restoration fundraising. 

|2021<br>2020<br>2019<br>£<br>£<br>£<br>Church ongoing activities<br>525<br>(1,963)<br>(2,103)<br>Sir Justinian Pagitt donation<br>5,000<br>11,500<br>7,500<br>Church House<br>1,799<br>444<br>9,290<br>Church House Restoration<br>110,886<br>19,954<br>60,773<br>Overall net income<br>£118,210<br>£29,935<br>£75,460|2021<br>2020<br>2019<br>£<br>£<br>£<br>Church ongoing activities<br>525<br>(1,963)<br>(2,103)<br>Sir Justinian Pagitt donation<br>5,000<br>11,500<br>7,500<br>Church House<br>1,799<br>444<br>9,290<br>Church House Restoration<br>110,886<br>19,954<br>60,773<br>Overall net income<br>£118,210<br>£29,935<br>£75,460|2021<br>2020<br>2019<br>£<br>£<br>£<br>Church ongoing activities<br>525<br>(1,963)<br>(2,103)<br>Sir Justinian Pagitt donation<br>5,000<br>11,500<br>7,500<br>Church House<br>1,799<br>444<br>9,290<br>Church House Restoration<br>110,886<br>19,954<br>60,773<br>Overall net income<br>£118,210<br>£29,935<br>£75,460|2021<br>2020<br>2019<br>£<br>£<br>£<br>Church ongoing activities<br>525<br>(1,963)<br>(2,103)<br>Sir Justinian Pagitt donation<br>5,000<br>11,500<br>7,500<br>Church House<br>1,799<br>444<br>9,290<br>Church House Restoration<br>110,886<br>19,954<br>60,773<br>Overall net income<br>£118,210<br>£29,935<br>£75,460|
|---|---|---|---|
||2021<br>£<br>525<br>5,000<br>1,799<br>110,886|2020<br>£<br>(1,963)<br>11,500<br>444<br>19,954|2019<br>£<br>(2,103)<br>7,500<br>9,290<br>60,773|
||£118,210|£29,935|£75,460|



## **Information about the charity’s reserves** 

Church Reserves as at 31 December 2021 grew to £363,279 (2020 - £245,069) of which £192,983 (53%) were held in Unrestricted Funds.  Restricted reserves totalled £170,296 of which 79% relates to Church House Restoration and 14% to the Bells and Clocktower fund. 

£330,761 of reserves are held either in cash or investment funds.  81% of overall reserves are held in cash/deposits with a further 10% held with the COIF Charities Investment Fund. 

**Uncertainties about the charity’s ability to continue as a going concern** 

**Details of any funds materially in deficit** 

No uncertainties identified in terms of the Charity’s ability to continue as a going concern. 

None 

**TAR 2021** 

Monken Hadley 

7 



Further financial review details (Optional information) 

We raise income from a number of sources. You **may choose** to include additional information, where The vast majority of Church income derives from planned giving, including the relevant about: tax recovered under Gift Aid. Other sources include donations through the  the charity’s principal sources envelope scheme (another source of tax efficient giving), collections at services, statutory fees, Church House bookings and various fundraising activities. More of funds (including any recently we have adopted electronic means of fund raising using “GiveTap” fundraising); giving using QR codes and will adopt electronic card readers in 2022.  how expenditure has supported the key objectives of Fund raising specifically in relation to the Church’s restoration of its Church the charity; House Community Hall is driven by a combination of activities including  investment policy and systematic approaches to major Grant bodies, local charitable foundations, objectives including any ethical numerous local fund raising events and the ongoing generosity of local investment policy adopted. Parishioners. 

The Sir Justinian Pagitt Ecclesiastical Charity contributes variable funding each year to the work of the Parochial Church Council of Monken Hadley. 

## **Section F                     Other optional information** 

**Acknowledge any large Grants or donation in this Section. Acknowledging a large Grant in your TAR  may be a condition of acceptance** 

## **Section G                    Declarations** 

**The trustees declare that no exemptions from disclosure are applicable.** 

**The trustees declare that the charity holds no funds as custodian trustee on behalf of others.** 

**The trustees declare that they have approved the trustees’ report above.** 

**Signed on behalf of the charity’s trustees** 


**----- Start of picture text -----**<br>
Signature(s)<br>Full name(s)<br>Position<br>(eg Secretary, Chair, etc)<br>**----- End of picture text -----**<br>



**----- Start of picture text -----**<br>
Date<br>**----- End of picture text -----**<br>


(eg. Date of the APCM) 

**TAR 2021** 

8 

Monken Hadley 



Page I
CHURCH OF ST. MARY THE VIIIGIN, MONKfi,N HADLIY
Statement of Fiiianciiil Activities foi. the Year ciided 31st December 2021
Fiirlber Unrestricted Restrieted TOTAL
2021
TOTAL
dclAils
lind5
Flind$
2021J
Iiicom¢ and endoivnients from..
Donations and legacies
Charitable activities
2a
81,772
3,662
558
81,772
3.662
558
76,947
3,453
1.938
121
2b
Other trading actiV21ies
Lnveslments
2c
2d
15
Is
Church House Restoration Fundraising
Oiher
21,628
20.757
100,400
122,028
33,660
20.108
2f
20,757
Tot&1
128,392
Joo.400
228,792
136,226
Expenditure on:
RaisÈng
Charitable activites
202
93.689
202
245
3b
32
93,721
88,555
Church House Restoration expertdiiur¢
Other
11,142
11.142
13,706
3d
5,518
5,518
3, 786
Tot81
110,550
32
110,582
106.292
Net incomel{expelldilui'e)
17.842
100.368
118,210
29.93S
TrAD5ftr$ between fuuds
Net moverneut in futt(Is
17,842
100.368
118,210
29,935
ReconcÈliAtion of funds
Totul fujids broiight forward
175.142
69,927
245,069
215.135
Tolal funds carried forward
192.984
170.395
363.279
245.069

CHUIICFI ofi ST. MAIIY TIII,; VIIIGIN, M()NI<EN IIADLfi Y
IIALANCL SIIEI ]'_ 31st l)eceinl)L'r 2021
2021
2020
FJxfi D ASSI,:'I'S
Tangiblc
Iiivestmeiits
CURRfi,NT ASSEI'S
Dcbtors
Casli at bank and iii hand
Investments
45,708
295,418
35,343
39,835
179,223
30,952
376,469
250,010
LIABILITIFI S
Creditors - ainounls falling due within one yea).
(13,190)
(4,942)
IT CURRENT ASSFTS
363,279
245,069
TOTAL NET ASSEI TS
363,279
245,069
PARISH FUNDS
Unrestricted
Restricted
I la
Ilb
192,983
170,296
175.142
6().927
363,279
245,069
Approved by Ilie Pai'ochial Cliui'ch Council on 28111 Api'il 2022 and signed on ils behalf by:
"P Renz
RLctor
Tim filLpa
ric
i'e<lSUI'er

(.'IIlJ IICII (11,. S'I.. )A AIII, I'lll,,
VIII(:IN, fvIONIII,;N 11A1)I,II Y
I 'otes lo tlic I, indnci•il Stiltciiic'iit5- vr.AR fi,NI)Ii1) 31 ST l)I,"("fi.rv1ii[I'll 2021
?agwc 3
IIIL Chariiies SORP11-'II8 102) 'IlccoiJiiliiig and RLS)011iiig by C.111¢ l'ilies .' Siiiicinciil of IlecoiKiiienilcd I'raclice api)licable
Siandard dpplicabl¢ iii IliL IJK aTid RLpiiblsc of Ii'claiid and Ilic ChariliL% Aci ?0 I l. The fiiidllcial Sl<iieineni8 Iiavc bccri
Finaiici421 r'eportÉrig staiiilard l O?
redueed disclosiii'c cYeriiiTrtioiis
periiiilted by F RS 102 'Tlie Financial Rcpoiling Siandard Applicable iii the UK aiid Repiiblic ol. Irelan(I'.
Thc requireiiieni% of Seciion 7 Siaieiiienl of Casli fioivs.
-I'lic requireiiienis of Seciion 3 Finiincial Siaiei)ient l)iesLniaiioii pai-agi<ll)11 3.17ld)
'l-lic r¢quireiiienis of Section I l Financial Insiruineiiis paragiaplis 11.42, 11.44, 11.45. 11.47. 11.48{a)liv), 11.48(b) anil
riLiid5
l<esiricied luiids represeni lal Incoiiie Iroin Iriisis or endoiviiicnls ivhicli 11)ciy bc Lxpeii(Icd oiily on Iliosc reslricied objects
provided in the iLnns ofihe Iriist or bequcsi. aiid {b) donations or graiils received for a specifiL object or invited by Ilie
Unrestriciid fund5 arc generdl fund5 Ivliich cali be iised for PCC 01-din4lry pul'poses. 'fiie%c incliidc fiiiids dcsigiialed for 2
i?artlCLilar purposc b), the PCC. Thcse financial 51ateinerils incliidc Chiiicli I1011sc aclivily, gild EISSCIS, li'euted
designaied. bui uiircstricled fuiid.
The accounts include monetary transactions, assets and Ilabilitles for whlch the PCC can be held responsible.
Incomi112 ltesources
Plasined giving. collection5 aiid doiialions aje reLogniscd i¥lieii received. '] ax reliiiids ale I'ecogTnise(l ivlieii the incotiiiii
resourcL lo ivliicli Ilie}' relaic is received. Grand5 alid legacie5 ali accounted for ivliLI) Ihe PCC 15 leLrdlly eiitiilcd lo IIiL
ailloiinis diic. DivideIids drc aLLounlLd foi. Ivlicn ieccival?Ic. and iiilcrcst is accriied. All other iiicoine is rccoLitiisLd ivlieii
il is rcceivable. All inconiing rc5011rccs aic accoiinlcd for gross.
Resources Expended
Grai)Is ilrtd donaiions arc accoijnied for ivhcn paid ovcr, or ivlien aivardcd, if tlial aivai'd crcates a biiiding or coiislriiciive
obli¥dliOiI on Ihe I>CC. Tlie diocesan parisli shyrc dccoijiiied loi. Ivheii due. Aiiiotiiiis rcccived SPLcifically foT 1111$5iOII
are deali iviih as rcs11'icled funds. All oihei exi)cnditurc is geiierally recognised ivheii il is inciifred find il is accoui)ied loi.
gi"oss.
Pixed A55Cts
Coiisccialed land aiid biiildiii&%- ConsccralLd dnd bLnefiLLd propei'iy is excluded froiii lh¢ accounts iji acLordance iviih se
i ovable ¢liiircli liii'iiisliings- Muvablo chiirch fiirni511iiigs liLld by Ihc Reciur ai)Il Chi)rcliiva¥dL115 on SPCCiiil trust lor Ilie
Cuirent Asset5
Aiiioiiiils oiyiiig 10 Ilic PCC Il)c balc1nLC sli¢cl dclic are slioivii ag d¢biors I￿$5 i)rovisioii foi. aiiiouii15. if any. Ivhich li i
C0115idei-ed InAy piovL uEicolleLliblL.

CIIURCH OI", .(iT. MARY TIIE VIRGIN, MONKfi,N HADLEI Y
Notes to tlie Financial Staten)ents for the Year eii(le(131 st l)eceJiJR>er 2021
2 Income and en(loivmeIits from:
Unreslrlcted Restriot¢d TO'I'AL
roiAI.
Futtds
Fiinds
2021
2020
2a DDnations a￿d leg2tits
Planned Giving=
Under Gift Aid
rax recoverable
49,281
49.281
49,135
12.1105
Ixgacies
5.000
65.462
5,000
65,462
61,941
Collections
Other donations
Tax Recoverable
1,134
12.394
2.781
81, 772
134
7.250
5,561
2,193
76,947
12,394
2,781
81, 772
2b CbAritable 2tlivilcs
P.C.C. Fees
2,744
918
3,662
2,744
918
3,662
2,804
649
3,453
Church rn8887ine
2c Other tradiDg activities
Fwrs, concerts & oihty ￿nd-raisIng events
558
558
558
558
1,938
1,938
2d InvestTDents
Inlersst (gro.<s)
15
15
15
121
2e Church Flouse Restoration I,"undralstng
Incorrte
1 ax Re¢overable
18,045
3.582
21,028
100,400
18.445
3.582
122,028
32.372
1,288
33,660
100,400
2r other
Sir Justinian Pagilt income
Churchyard mainlcnance ie¢ov¢rics
Chut¢h Building recoveries
Cliurch IIou5e Income
S.OOD
4,500
955
5,000
4,500
955
11,500
4.680
602
7.102
3.000
211,757
7,302
3,000
20,757
3,326
Other
20.1011
Total Iiiconiiiig Re50uree
J28,392
100.400
228, 792
136,226

PAge 5
CHURCH OF ST. MARY TFIE VIRGIN, M()NKEIN HADLEI Y
Notes to the Fiiiancial Statements foi. tlie Yeai. en(led 31st Decembei. 2021
3 Expenditure:
Notts
Unreslrlcltd
FutLdJ
I'O'I'AL
2021
TOTAI.
2020
Funds
3a Raising fund5
CosL4 of So¢i81 fund.tBi5ing Cvcnts
202
202
202
245
245
3b Ch9rilAble Rcliviti¢s
Ministy.. Dioersan parish $haTE
Other ministy costs
Chur¢h- rutmiti8 ￿penSeS
Insurante
Chui£h buildtngs incl. knishitigs
Upkcep of chuTchyJrd
Mu5io.' Qrganisi
Or84n gmd piano maini¢nan¢e
Allw gnd scrviccs
PCC fc¢s payable
Printing. slgli0￿ery. lel¢phon¢ etc.
IndepctHlenl EXa￿￿E[S, fees
68.160
2,170
2.873
3,023
4,873
4,552
3,023
908
68,160
2.170
2.905
3.023
4.873
4.552
3.023
908
68.160
32
1.989
3.768
3.746
5.270
1.430
396
130
583
898
166
990
1,924
944
1.924
944
93,68
32
$13.721
88.556
3¢ Church House Rt5toratjOD expETrditurt
13.706
13,7
11,142
11,342
3¢J Otlier
SI¢iv8rdship costs
Open Chweh Mwic Fund expEnse
Churcli 14oll5e exp¢ndituic
5.503
5.518
5,503
5,518
3.770
3,786
Tol$l Rtsourtts Exp¢nitetl
JIO,551
32
ijo,58J
106.292

CHURCII or ST. MAllY I'iir VIRGIN, MONKf,N FIAI)LI4 Y
Notes to tlic fi iii41 iicia I Stateiiieii Is loi. tlie YeaR' en(le(131 st l)eceinbei' 2021
4 STAFr c()s'is
Tlic PC.C. Iiad no cniployce5 di)riiig Ihc year ciided 3 1 t)e¢cnibcr 2021.
Iliei¢ were no (lisclosablc Iransaclions iti respect of PC.C meiiibcr5, pcrsoJ15 c105cly coniicclc(5 %viili Ili¢m
or oilier relalcd parlics.
s rixr.D ASSETS
2021
202(1
Tjie PCC has no tangible or Olher fixed Hssels
6 DEBTORS
Gift Aid lax re¢ovcrablc
other debtors and PTepayincnls
18,489
27.218
45,708
15.888
23.947
39,835
7 IINVESTNIF.N'TS
ChiiT¢h Hoiise illVCSlnien15 Iviill COIF Charitie8 Inveslnient Fiiiid
ai tnarket value
35,343
35 J43
30,952
30,952
LI.IBILITIES: AMOUNTS f4ALLING DUE IVITIIIN ONE YEAII
Creditors and a¢¢ruals
14.9421
14.9421
8 CAPITAL COTrIMI'ft*lF,NTS
There were no capital coinniiimenis at tlie balance slieel dale.
9 COINTINGENT LIABILI'I-IES
'I'liere ivere no known eonlingetil liabilitics at Ilie balance 511tt( dale.
10 RELATED PAR'I'ILS
There ivere no related i)arly Iransaciioiis for Ilie year eJid¢d 3 Isi De¢eniber 2021.

Pfi8e 7
CHUIICH OF 8T. IWTARY THf VlRC:IN, MONKfN IIADI,fi,Y
Notc5 to tlie f4 ill4qncial StatL4ments for the Yeai. ended 118t l)ecemhLr 2021
Chknrth
Ila UKrtJrrr¢iedFiii
ChuTeh
Cbiireb
Roclory Rtclor,
HepRlrs
Dlyc
Fund
Chwrch
To141
Rt$tornllon 110￿￿e
F￿Thd
Unrejlrlcled
W￿Dd$
Ilund
Ineorning
Reseur¢¢s expended
Ntl I￿ron11￿B Hewiircu
bifort lrnn5feYs
99.463
93,890
21.627
7.302
5,50J)
178,791
110,550
5.573
10.485
1,799
17.H42
TrnMsf¢r8 be¢wetn Djn
29,548
1.000
10,000
movctntnts lu funds
149.9751
40,03)
1.799
15,1
I,￿0
10.000
17.842
Bololltes bMu8ht for4r4rd
46 142 43 347
167
17$142
BAIAn¢es cirrled forward
J2.701
86,37S 4&146
1,025
15,OOIJ
2,SYQ
t67
10,000
192,983
Ass¢15 Ind liibililieJ Ioih¢r inve51rn¢nislare not illtseaird lo pirti¢uliriiii[¢Slil¢ied funds. Invuimrnis hllo¢fyied10 Il* Church IIou5c fund.
Church Fibiir Fund 1￿cludeS Quinquennial gbli8aiion5 and Church bulldins 8CDtiil fabli¢ reqiil￿rntn
Church
House
I Ib Resirki*dFMiids
Pourof
LIRhllnR Tltlb &
Toiyor
Fuiid
MtmorlRI Lliien nnd Churfh Meinorlnl
N¢cJli-
worli
TolAI
F￿Trd
Ind
urtd¥
In¢omin8 re50urcei
R¢50urccs eKpend¢d
N¢1 Inconil￿rt Rtsourc
bcfort ¢r*￿s(e
I￿,400
iotl.400
100,400
IQO,368
Ttynjfèn bEiween Ibnds
Ntl nio¥¢menls In furi
IDJ.400
{J21
IQO.168
Innces browihl lorw#r(I
J4,385 2 957
247
288
104
69.927
BAIAMces carr1t￿ fonYArd
1,6Y4
134.785 Z957
23,1116
247
4.516
288
104
1,449
179.296
Thc Rejiricied Fund$ att r¢Pr¢s¢n￿d by part oftho wliAI ban

ciiuKc.ii oir s'i. MAIIY'I'IIV VIIIGIN, MONI<VN Ilhl)li¥Y
P*gi B
INI)FPKNDKNf L?XAMINIIIIIS IIEPQRI"lY)'rJiIi'rKvsTFfs QF
TIIF PAROCIIIAI. CIIUIICII C.OUNCIL OF EIT MARY 1'11F. VIRC.IN, MONKKN IIADJ,F.Y
Ind¢pend¢mt ¢%NMiS11oPI r•pDrl to tlie Iruittii oriirc ofsf Mftry TliÈ Vlryln, Il#dloy
I r¢pon lo Ilio cliArliy In1￿￿1 M Iny ¢Kniniiiniioii of Ihe Ac¢oi¢iiii thf Ilie IPiro¢hiAI (.'liiiTcli C￿11￿11 ofsi Mjry Thi H￿1•Y Iih
ch￿Ily) ts lh¢ >￿*r•￿￿¢d 311)¢#mbtt 2021.
AJ Ilio Iruileei ofih¢ c)IATily. y￿1 foriFK pr¢pnr•¢w of th¢ Accwffl• 5th I￿OrdIN¢¢ wilh Iho requireoKnii ofih¢ aiidlKI 2011
Ill￿ 2DI l A¢l'l.
I r¢pon li rfipeci of my eumIn*l￿1 of11￿ ¢h•r11￿5 n¢¢•ii¥i oul un¢ler Kotlfjii 14J of1￿? 2011 A¢1 in(1 kwrylfiH my ¢xnmli*ii
fOl￿W￿011 Iht ipplica￿¢ I)1￿¢110111 6lvwi by lh¢ Clijfliy Cthiiinliiloii undur 145IJMblofi￿2OIJ
Ind•pDThd•nt •x*mln•w'i ilit•minl
I hiw ￿Npleted my t￿ni1￿￿¢19￿. l un ¢0Th15rn5 I￿1 UD Innwlil mM¢ern hAV• ￿m# ￿ my ¢L￿ft¢¢¢10Th *?Ih th¢¢%11￿{mI1￿ ￿vIn8 m
iobollovo Iliii In lliiy Mai¢rinl Kip¢¢i',
l. ￿￿Oi1￿1￿nI k4A In ofih£ ehArliy li by 1300ft￿20]I A¢¢: ov
2. Ilw •Kouiili dopoi Accord iviih fewdi: oi
J. Ihe i¢¢ouiiii nDI wmply will) lh¢ nppli¢abl¢ reqiiir¢m¢nii ¢N￿nI1118 Ihr fonn ¢oni¢iM ofa¢¢ounts %¢ QUL th¢ Chulil¢J (A¢¢0￿1# in
R¢portil XowlAiioiii 2008 oih¢r Ih4n Aiiy i¢fjulr¢Mi¢iii IhM ilio ft¢<oiinli slvo A'tri￿ ind ffjl¢ vloiv ￿lIS¢h il ￿01 A *IAii¢r wii¢Ooffd pjrt or
wduio ¢nfibl¢ i Pro￿r11nde￿Inn￿l1I0 Dfih¢ fi¢wwis lolyv wdiwl.
Alf t)¢1 Hiiio FLCA
K¢¢15nw l.Iniil¢d
ClIBfjoiedT*x Adviiom Anrt
Cliirtqied (Aflifi¢d A¢¢I)Uth￿l$
mid Iloii
I 'l'h¢ I)￿d%￿Y
Il•rffwdihli¥. Al.9 JHU
21ih A 112022