2021-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Bexhill

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			Unrestricted	Restricted	Endowment	Total	Funds
		Notes	Funds	Funds	Funds	2021	2020
			E	E	E	E	E
INCOME AND ENDOWMENTS	FROM:
Donations and legacies Charitable activities Other trading activities Investments Other receipts		2(a) 2(d) 2(b) 2(c) 2(e)	124,275 6,484 21,990 343 197	15,722 450 5,242 821 4,237	7,920 1,837	139,997 6,934 35,152 3,001 4,434	150,021 19,953 35,248 4,153 6,501
TOTAL INCOME			153,289	26,472	9,757	189,518	215,876
EXPENDITURE ON:
Raising funds Charitable activities Other		3(a) 3(b) 3(c)	366 193/154	31~994	5,850	366 230,998	677 242,246 45
TOTAL EXPENDITURE			193,520	31,994	5,850	231,364	242,968
			(40,231)	(5,522)	3,907	(41,846)	(27,092)
Gains/(losses) on investments			3,813	(391)	9,015	12,437	5,755
NET INCOME/(EXPENDITURE)			(36g418)	(5~913)	12,922	(29,409)	(21,337)
TRANSFERS BETWEEN FUNDS		15	315	(315)
NET MOVEMENT IN FUNDS			(36'103)	(6g228)	12,922	(29,409)	(21,337)
RECONCILIATION OF FUNDS
Total funds brought forward			41lg731	395g707	116g039	923,477	944,814
TOTAL FUNDS CARRIED FORWARD			375g628	389g479	128g961	894,068	923,477

					Unrestricted	Restricted	Endowment	Total	Funds
					Funds	Funds	Funds	2021	2020
					E	E	E	E	E
2.	INCOME AND ENDOWMENTS
	(a) Donations and legacies
	Planned Giving:
	Gift Aid donations Income tax recoverable Other planned giving Collections (open plate) at all services Donations, appeals etc. (inc. GiR Aid)				76,256 24,151 6,793 6,467 7,608	2,260 11,362		76,256 24,151 6,793 8,727 18,970	81,538 24,143 5,725 7,006 19,002
	Income tax recoverable	on	donations,
	appeals etc Grant - Sussex Police				500	1,600		1,600 500	954
	Legacies				2,500	500		3,000	11,653
					124i275	15/722		139,997	150,021
	(b) Charitable activities
	Church Dues for Weddings, and Burial of Ashes Grant - HMRC —C3RS		Funerals		3,644 840	450		4,094 840	2,400 17,317
	Activity group income								60
	Minibus receipts ProRi on sale of minibus				2,000			2,000	176
					6,484	450		6,934	19,953
	(c) Other trading activities Fund-raising and appeals Parish magazine and bookstall Candles and flowers				2,398 1,186 344	912		3,310 1,186 344	2,371 2,022 302
	Sales					131		131	85
	Rent receivable including St Michael's hall lettings Ivens room lettings	ground		rent	18,050 12	4,199	7,920	25,970 4,199 12	25,520 4,817 131
					21,990	5,242	7,920	35,152	35,248
	(d) Investments Dividends and interest				343	821	1,837	3,001	4,153
					343	821	1,837	3,001	4,153
	(e) Other receipts
	Listed Places of Worship reimbursement	VAT			197	4,237		4,434	4,267
	Insurance claim								2,234
					197	4,237		4,434	6,501
	TOTAL INCOME				153i289	26i472	9i757	189i518	215876

FO	R T	HE YEAR ENDED 31STD	ECEMBER	2021
				Unrestricted	Restricted	Endowment	Total	Funds
				Funds	Funds	Funds	2021	2020
				E	E	E		E
3.	EXPENDITURE
	(a)	Raising funds Advertising the church		291			291	175
		Stewardship costs Costs of fund raising events		62 13			62 13	214 288
				366			366	677
	(b)	Charitable activities
		Missionary and Charitable	Giving:
		Church Overseas Missionary
		Societies						514
		Relief and Development	Agencies	300	1,344		1,644	800
		Home Missions and Other	Church
		Societies		350	119		469	420
		Secular Charities			797		797	1,700
				650	2,260		2,910	3,434
		Ministry: Diocesan parish share Clergy costs Rectory costs Parish Children lk Families Worker Church running expenses Church maintenance Upkeep of services Churchyard and gardening Parish magazine and bookstall Training, youth and evangelism Hall running costs Other property costs		92,685 9,993 250 20,079 12,383 1,622 27,497 1,342 2,183 576 1,505 4,724	1,660 564 3,378 12,620 583 830 5,335	1,419 3,331	92,685 11,653 250 20,643 17,180 14,242 28,080 1,342 2,183 1,406 6,840 8,055	86,383 6,082 30,776 14,804 7,805 30,770 1,180 2,432 125 9,052 10,164
		Major repairs:
		St Peter's Church St Michael's Church St Michael's Community Centre Architect's fees Faculty fees Quinquennia I inspection fees Other professional fees Activity groups running expenses Independent examiner's fees Accountancy fees Sundry expenses Minibus running expenses		1,655 305 1,210 778 1,548 2,916 713	1,138 1,034 148 264		2,793 1,034 305 1,210 778 148 1,548 3,180 713	12,788 4,312 2,404 302 778 604 1,524 3,180 210 997
		Depreciation: Freehold property Leasehold property		8,540	2,180	1,100	10,720 1,100	8,540 3,280
		Equipment						320
				193,154	3li994	5~850	230i998	242 246
	(c)	Other Donation refunded						45
								45
	TOTAL EXPENDITURE			193,520	31,994	5,850	231,364	242,968

								Governance
4.	SUPPORT COSTS						Other E	Costs E	Totalf
	Charitable activities							4,728	4,728
	Support costs, included		in the above, are as follows:					2021 E	2020f
	Other
	Sundry expenses								210
	Governance costs
	Accountancy fees Independent examiner's		fees					3,180 1,548	3,180 1,524
								4,728	4,704
								2021	2020
5.	STAFF COSTS							E	E
	Wages and Salaries Parish Children and Family Worker Lay Staff, Secretary, Verger, Organists, Employer's Pension Contributions					Choir and Cleaners		19,727 25,210 376	29,941 25,996 816
	Employer's National	Insurance		Contributions
								45,313	56,753
	The average number Full Time	of	staff employed		was:			1	1
	Part Time							9	11
	Choir							25	24
	No employee had emoluments			in excess		off60,000 per annum.

	There we to them,	re no other disclosable transactions in respect of PCC nor other related parties.	members, nor persons closely conne	cted
			2021 f	2020 E
6.	GRANTS	PAID DURING THE YEAR
	Barnabas All grants	Fund re Afgan Christans under E1,000	1,098 1,812	3,434
			2,910	3,434

hall is being depreciated basis. Basis ofValuation	over 40 years	over 40 years	from 1	st January	2003 (being its g	uaranteed life) on a straight li
Abbott 5Abbott carried	out a valuation		ofthe	Freehold	Land and Buildings	held at 23rd December 1997
which was as follows:						E
21St. Peter's Mews Land at 22 St. Peter's Mews						70,000 250
St. Peter's Community St. Peter's Stables St. Michael's Community	Centre Centre -	Hall	No. 1			150,000 20,000 30,000
18St. David's Avenue is included		at cost				270,250 187,195
St. Michael's Community included at cost	Centre Small		Hall (Hall No. 2)		is	63,196
						520,641


8.	INVESTMENTS						Realised		Unrealised
			Market				Gain/		Gain/	Market	Market
			Value at 1.1.21	Additions/ (Disposals)		(Loss) for the year			(Loss) for the year	Value at 31.12.21	i/alue at 2020
			E		E		E		E	E	E
	2,387.90 CBFInvestment Fund Shares Income Shares 48,921 688.20 CBFInvestment Fund Shares								6,998	55,919	48,921
	Income Shares 14,100 439.11 CBFInvestment Fund Shares								2,017	16,117	14,100
	Accumulation Share. 1,979.69 CBF Fixed Interest Fund Income Shares 1,487.80 CBF Fixed Interest Fund Income Shares Three Sets of Maundy Coins		2,524 15 21,832 3,357						3,813 (223) (168)	25,645 3,134 2,356 15	21,832 3,357 2,524 15
			90,749						12g437	103'186	90 749
	Historical Cost									2021	2020
										E	E
	2,387.90 CBFInvestment Fund Shares									See Note	See Note
	688.20 CBFInvestment Fund Shares									589	589
	439.11CBFInvestment Fund Shares									4,839	4,839
	1,979.69 CBF Fixed Interest	Fund	Shares							3,192	3,192
	1,487.80 CBF Fixed Interest	Fund	Shares							2,402	2,402
	Three Sets of Maundy Coins	(At Probate Value)								15	15
	Notes: The cost ofthe	2,387.90 Investment			Fund shares		is not known as the shares			were purchased
	many years ago. These are held			by	the Official	Custodian		for	Charities.
	All Investments	are held in the UK.
										2021	2020
										E	E
9.	DEBTORS: AMOUNTS FALLING DUE WITHIN			ONE YEAR
	Income tax refunds due Other debtors									8,965 3,977	5,342 662
	Prepayments									1,392	2,310
										14,334	8,314
10.	CURRENT ASSET INVESTMENTS
	Cash on deposit									351,868	382,501
11.	CREDITORS: AMOUNTS FALLING		DUE WITHIN		ONE YEAR
	Accruals									442	315
	Other creditors									10,137	6,785
										10,579	7,100
12.	LEASING COMMITMENTS
	Minimum lease payments under non-cancellable				operating	leases fall		due	as follows:
	Between one and five years									3,936	5,904

FO	R THE YEAR ENDED 31ST	DECEMBER	2021
12.	STATEMENT OF FUNDS Unrestricted funds	Brought forward E	Income E	Expend- iture f	Net gains/ losses E	Transfers E		Balance at 31.12.21 E
	Desi nated funds
	PCC Central fund
	Good shepherd Minibus St. Peter's DCC	21,839 552	2,000	(713)	3,813	(2,000) (1,839)		23,652
	Property reserve Fabric fund Organ fund	297,590 1,369 2,088		(8,540) (120)				289,050 1,250 2,089
	Parish children & families
	worker fund Musical instrument fund	3,244 383		(20,079)		17,000		171 383
	Rectory &Rectory gardens fund St. Michael's DCC			(3,000)		3,000
	Fabric fund Defibrillator fund	6,014 375						6,014 375
	Community centre roof fund	5,632						5,632
	General Funds PCC Central fund St. Peter's DCC St. Michael's DCC	339,086 1,237 63,645 7,763	2,008 4,708 113,929 32,644	(32,452) (3)796) (122,667) (34,605)	3,813	16,161 (1,761) (14,400) 315		328,616 388 40,507 6,117
		411,731	153g289	(193g520)	3g813		315	375,628
	Restricted funds
	PCC Central Fund
	Rector & churchwarden
	discretionary fund	322						322
	Eveline Armstrong deceased
	legacy fund St. Peter's DCC	396						396
	Fabric fund	225,283	6,833	(13,685)				218(431
	Parish children & fami%es
	worker fund Defibri llator fund	479	564	(564)				479
	Flower capital fund (capital) Flower capital fund (income) Organ fund Candle capital fund (capital) Candle capital fund (income) TFG fund Musical instrument fund Communications fund	2,524 7,847 3,357 1,380 3,351	66 418 88 211 138 1,000	(930) (88) (354) (487)	(168) (223)		(66)	2,356 7,335 3,134 1,237 3,489 513
	Rectory &Rectory gardens fund Altar frontal fund Friends ofSt. Peters For specific purposes Activity groups St. Michael's DCC	40,870 33,643	2,065 50 3,592 1,162 3,033	(1,660) (50) (1,162) (2,818)			66	405 44,462 33,924
	Flower guild East window maintenance	715 230	144	(284)				575 230
	Organ fund Activity groups Defibrillator fund	363 1,831 230	174	(147)		(315)		363 1,543 230
	Sound system Moving forward Community centre (capital)	1,138 2,113 52,760	1,250	(1,138) (2,180)				3,363 50,580
	Community centre (income
	&expenditure)	3,389	4,586	(5,349)				2,626
	Church driveway maintenance fund For specific purposes	13,486	1,098	(1,098)				13,486
		395,707	26g472	(3lg994)	(391)	(315)		389,479

			Unrestricted	Restricted	Endowment	Total
			Funds E	Funds E	Funds f	2020 E
INCOME AND ENDOWMENTS	FROM:
Donations and legacies			130,742	19,279		150,021
Charitable activities			19,893	60		19,953
Other trading activities			20,608	6,720	7,920	35,248
Investments Other receipts			728 237	1,587 6,264	1,838	4,153 6,501
TOTAL INCOME			172,208	33,910	9,758	215,876
EXPENDITURE ON:
Raising funds			389	288		677
Charitable activities			191,682	42,682	7,882	242,246
Other				45		45
TOTAL EXPENDITURE			192,071	43,015	7,882	242,968
			(19,863)	(9,105)	1,876	(27,092)
Gains/(losses) on investments			1,501	200	4,054	5,755
NET INCOME/(EXPENDITURE)			(18,362)	(8,905)	5,930	(21,337)
TRANSFERS BETWEEN FUNDS			17,104	4,312	(21,416)
NET MOVEMENT IN FUNDS			(1,258)	(4,593)	27,346	(21,337)
RECONCILIATION OF FUNDS
Total funds brought forward at 1st January		2020	412,989	400,300	131,525	944,814
TOTAL FUNDS CARRIED FORWARD AT		31ST
DECEMBER 2020			411,731	395,707	158,871	923,477

OUTWARD GIVING				Income	Income	Income
			PCC	via	Direct to		Total	Total
			Funded 6	PCC E	Charity E		2021 6	2020 E
Anthony Nolan Trust								225
Bamabas Fund re Afgan	Christans			1,098	1,450		2,548
Beachy Head Chaplaincy								150
Bexhill Foodbank Bexhill Street Pastors			150	425	1,135		1,560 150	894
Bishop's Mission/Discretionary		Fund		119			119
British Legion (Poppies) Caring and Sharing Children's Society					53 5,162 785		53 5,162 785	50 3,605 250
Christians against Poverty								270
Christian Aid CMS					4,563 521		4,563 521	2,244 151
Discretionary payment to individual Fellowship ofSt. Nicholas						125	125	102
Leprosy Mission						725	725	2,200
Mission Aviation Fund								154
Mission to Sea Farers				246		180	426
Mothers Union						101	101
Myeloma UK								216
Open Door re. Syrian Christians								500
National Autistic Society								179
Parchment Trust			200				200
Shevet Achim			300				300	300
3rd Bexhill Scouts								250
St. 3udes						30	30
Warming up the Homeless				372			372
			650	2,260	14,830		17,740	11,740