Sad￿￿￿..￿9•d s•J tr*dÈa)frf12 thutth nwnt*s I ValAyw. K*18en Perry, e4st. yeo Spencef. Les Dupknck. j￿Wr%)I¥. en'￿ Rrw. T•1 Jcmj, DwnL4Fothr ￿ JtryW•Jniland corththl• Ahylhwk>Th rArtlow Ir￿[￿1• ¥*¥J pwDJ.. r¥re ￿0k . Tod ofwrnNAl￿￿. •bJ 8vl l••Jw. thydc4bknrtr￿ • To SIMI •ith(SknYwd •J (*•J l) •pIP•bJiWs¥l ¢hwthy¥d . To h rryul•T il•ff FtXbJb•ik. hm u• ¥••*• 2•22 Clement's Church ANNUAL REPORT & FINANCIAL STATEMENTS Fty theyear ended.. 31 Oecember2011 4¥o•d fh• Gosp•1•ndath•n￿ Chrtrf8 lh• 1kn8h. 10 p*ish G*rt•r#l. ID C￿linUe our5upp￿ 4•Tr18rchurch. '$poyJ gjd iupJw&s '￿￿Z W'IW4¥XI *4AM•N •w fyJw¥a B/AUL￿r w￿￿5yrrf Jty¥mJ ￿lAM￿JIL*4• VJU WJBe426L nKI 8•IJIIIS UWC*¢ PJJ VJO4W*Jknp•A 804 'IpJwwAArrtAfJoJpouL•J 4￿4 •Wq P•? CI W4'W3 $BU4$U￿$ W4 q F•JmJ wJu•J FWU•X• pu? wAi Iws y• LWWUb)J ￿'6J￿￿￿ 01 Pe4￿d ¥1WJ4 )wJ null R rtlov th• Y•ir End 31st D•t•mb•r2121 St C￿m￿LI began ￿Other year In kth￿- nD *•fintb￿*n￿th5c1 ￿21. Cknrgy r•))r￿ ￿ onlr• ) In May. tttcrfded *J ￿￿￿j bj Yw TL*é. parfKularty impNt8nl I￿11￿ ￿0￿05• thjrth. ¢kn totyrk￿1.￿hÈrt￿ nakna av*4e. Co kn￿¢￿)n i*6s. p•* l•Ydm Aith •J•cW. x) m•ny chom fKIto olgaihrffjg kn36th•r. R•gul¥ FkneoJTrlxluthl'nwd, 3Ya). roA*•6ts*••dth*thJ to*og•*tr•>Jt•vl *W8 sent￿1 to al ctheicorwgthnconlxb. Fmm Sqpknb•r, th• •1 • d•w4f••. *0 fc4 • mww*ith V•¢*J ffl i)• tr*Jthlh• S•tUfd•yl•a p•ty1kn7 ckn9y.coh4wJ w￿￿(1•5#￿¥*I￿x￿l•i1 •)d ACCOUNTIMQ P￿ClEs T￿ fin￿1* Slat•w￿lS ha¥e twn kyeprnl th• Chwth •xWI￿ Iylhw 4)JKat4fr ￿)Urting St¥￿8rd8 SoRp￿￿1￿15 The finarrial $18lwnth$ haw pwr•J •XC•Flfr*ts ¥*91m olin¥Y51m8nt assets *thich we 8h¢)*n at mJket 3191 Dec•mber 3)20. Fund• Unreslrtcied lunds rokyewl knd$ of PCC thal ¥e rK4 *w rnwllrvj avalabkry trK ¥￿alk)n ￿ the gerwl,. w[[￿5 c4thePCC. FuThJsdesvJnated for a ￿￿'c￿r Flwe ty fv PCC we th LMstr*￿, Re$th¢W fufyl$ MWseelth*fissWtJdC￿-ffiwdQdCOTrj1IKrffj. EndOw[￿nI lunds •e •rK4Pw kTh101 t•strrW t• trAbl the IrKAYro reslricled. The &counts incknle •YJ li*1kn5 kYYhtKh FCC B rewtyt* in l•. TW do rb)t ihe ￿(NjnIs ol i*urch grwps Ihat (Me their man affiliakn to ￿ toty CK bkne th* art galherings of ¢hurch mÉml*rs IDcomlng Rewurt Coll￿tI￿S are rwni3ed ihe PCC, &% lts)ts F4aiMd uTrlerGrfI A￿. knc(¥ne laXrtto￿at￿6 Grftknd donal￿s￿d gsobr wres￿￿￿1 rwr*8d Rental hKon*from knliryolthunth rthJ[￿d rwta 15 th. DivhYend5 areaC￿vnted br **en rtUe￿dpa￿￿ Inlwlenlknts we trastsy¥thA. knvtsknenl gains ¥e kf rvMhJalKm of m¥eslMts * 31 Cwrtw. exp•nd•d Gran15 are p•J ow. •w*ded, a thal u8a*5 a c*4J*n cfj pcc. Flx•d •11ots C￿crated and t￿fiCId kycw1y ts extkthj frun 10d Ctrwt¢9 Act 2011. No rs ￿0¢e0 on mo¥aNethwch thJn4thirwJs W ty on ¥*)* &Jr the ￿C. wh￿h require a I￿lty ￿r dwal the PCC WOFwty ex￿drt￿? wyr8d thJrir¥J the yearon con86va*d LY trMAJir¥Js church hyniskngj. *th8thw manI￿ar￿0 c¢ h))WO¥￿onI, pi ￿tIn off in Iho SIatr￿1 IV*tyditi*JJ&J. kn¥8lmwl$ rerye8enbry en¢Sy*Yr*nt are helj in r**T* ol S*$ Di(KAsan &Jwd ol Fin￿ lu thfrAccoJnlsol Brat*8tsM & C￿￿1. St Bwn&*. Chantss Act req￿89 the off￿$, as tharlty tnth85. lo prew fwjjnts yw *thkh glve a tr lair wew ol its fmanual durThJ •hY c4 ￿ finwial al ts eThJ cl ts ye¥. In rrfepwmg ts the InJst•8$ Sh¢￿ btsl wd.. make 1￿ments esb'males Ihal are rewn*le rc410¥* apF4IC￿e xcojnlwg S￿*d$ •)d Ihe Ch•l*s SCfiP. dyrfwe$ Ihe xcojnls. aThJ 8p8￿ ￿ xthjnts on thè unknss it is to thal the conbnue In (praim. The Tw51ees we ￿a￿lI¥j r•ctyth We s￿h *dLthe. rea5cnat4e acfJJr¥, i ar￿la1 tosthn of Charrty al *)y tfft. *1 lo as tru5188S tl er*w8 that ￿OUr* wib) Chaity law. Th8 Tntsl8es arn *0 res￿$** StyUa￿ Ihe Ch￿9 assets enwriNJ trar kyo plul*Jn in xccrfdaKe *llh c￿'ty L*. and IrA l*ng ￿a9)Th￿ sterts lor the ¥¥J detec￿ cl , irregJ8n*s. Approved by the clTws*s SwJned P•t•rAll•n and B*•rhy Robhmon Chyr¢h W•nlwM. 27th 2022 **The Parish Church of Branksome St. Clements** ## **Year End 31[st] December 2021** ## **Annual Report April 2022** ## **TREASURER’S REPORT** ## **Overview** 5[th] January 2021 saw the start of another lockdown until April 2021. Amazing work was completed by Mo, Lynn and Colin to ensure ministry was maintained via You Tube; and the office have provided essential support to the community via Foodbank. This impacted donations normally expected from these services, but our members continue to support through standing order and donations to the office. We celebrated the life and work of Jonathan Foster who retired June 2021 and enjoyed a special retirement service for Jonathan and Jane, with special thanks for all they have done. Work is now being done by the PCC to secure a new incumbent. ## **Parish Share** We have paid our Parish Share of £72159 in full to Salisbury Diocese Board of Finance, all from donations received. Our share allocation for 2022 has increased by 5% to £75766.61. ## **Investments** We have one Endowment Funds under the control of Salisbury Diocese Board of Finance. The value of shares increased by £122794, an increase of 14.53%. The dividends received from the investments in 2021 was £24560. The income from the shares is subject to market conditions and can fluctuate. ## **Utilities** In August the utility contracts were renewed and fixed. Gas for the church and church hall has been fixed at 3.85 p/kWh unit rate with a standing charge of 45p/day for 5 years until 2/8/26. Electricity for the church and church hall has been fixed at 14.45p/kWh unit rate with a standing charge of 49.77p/day for 2 years until 31/3/23. The contract regarding the utilities (electricity) for the flat is due to be renewed October 2022. We are currently paying 27.71p/day standing charge at a fixed rate of 13.36p/kWh ## **Reserves** The PCC had £157551 in Unrestricted Funds as of 31/12/21. ## **- Legacies / Gift Day / Grant / One off gifts** Janet Munro legacies blessed our church again providing a further £38927.91 on 2[nd] February 2021 plus £2299.32 from Forelles Estates on 23/7/21. We also had 3 anonymous payments, one from a legacy for £10000, plus donations for £3000, that was donated purposefully for the replacement of the hall emergency doors, and a donation of £6000. Gift day in 2021 saw £2583 raised and used to purchase a new Church notice board. We are very blessed for the love and financial support from our members and towards Jonathan when monies were raised and used for his retirement service and gift. ## **Thank You** Thank you to all for your kindness, generosity, patience and faithfulness. Adeeta Knight (Honorary PCC Treasurer) ## **The Parish Church of Branksome St. Clement Year Ended 31st December 2021** |**Statement of Financial Activity**
Notes
**INCOMING RESOURCES**
2
From donors
2a
Other voluntary income
2b
From operating activities
2c
Investment income
2d
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
3
Grants
3a
Activities directly relating to the work of the Church
3b
Church management & administration
3c
**TOTAL RESOURCES EXPENDED**
**NET INCOMING (OUTGOING) RESOURCES**
GAIN (LOSS) ON INVESTMENT
5b
Proceeds from Shares Sold
**NET MOVEMENT IN FUNDS**
**BALANCES B/F 1st JANUARY**
**BALANCES C/F 31st DECEMBER**
**6**||**Unrestricted**
**Funds**
**General**|**Unrestricted**
**Funds**
**General**|**Unrestricted**
**Funds**
**General**|**2021**
**Restricted**
**Funds**
**Endowment**|**2021**
**Restricted**
**Funds**
**Endowment**||**Total**| |---|---|---|---|---|---|---|---|---| |||||||||| ||||



|**£**
111,638
762
30,345
24,820
167,565
2,139
118,253
41,062
-
161,454
6,111
-
**6,111**
**220,193**
**157,551**||**£**
**- **
**- **
**-**
122,794
-
-
**122,794**
**886,347**
**967,758**||| ||||



|||||| |||||||||| ||||

||


|||| |||
|
||
|||| ||||
||
|||| **The Parish Church of Branksome St. Clement** **Notes to the Financial Statements** **for the year ended 31[st ] December 2021** |**2. INCOMING RESOURCES**
**a) Income from donors**
Planned giving
Gift aid donations
Tax recovered
Other giving
Collections (open plate)
Legacies/Gift day/Grant
Sundry donations
**b)**
**Other voluntary income**
Fund raising & special appeals
**c)**
**Income from operating activities**
Books & bible reading notes
Church hall lettings
Magazine
Fees for weddings & funerals
Other
Rent of Flat
**d) Income from investments**
Dividends & interest
**TOTAL INCOMING RESOURCES**|**General**
**£**
22,069
7,354
8,482
4,590
66,509
420
109,424
762
66
22
13,581
118
9,689
23,476
24,817
**158,479**|**Unrestricted Fund**
**Church**
**Yard**
**Hall**
**Youth**
**£**
**£**
**£**
270
68
965
700
1,038
965
-
-
-
-
6,869
-
6,869
-
-
-
**1,038**
**7,834**
**- **|**Building**
**£**
100
45
66
211
-
-
3
**214**|**Endow't**
**Funds**
**£**
-
-
-
-
**- **|**Total Funds**
**£**
22,439
7,467
9,513
4,590
66,509
1,120
**111,638**
**762**
66
6,869
22
13,581
118
9,689
**30,345**
**24,820**
**167,565**|**2020**
**£**
25,827
8,941
6,816
4,401
16,393
2,253
**64,631**
**- 122**
78
903
1,409
10,952
56
10,442
**23,840**
**27,199**
**115,548**| |---|---|---|---|---|---|---| ## **The Parish Church of Branksome St. Clement Notes to the Financial Statements** **for the year ended 31[st ] December 2021** ## **4. STAFF COSTS (Excluding St Clement Clergy)** **4. STAFF COSTS (Excluding St Clement Clergy) 2021 2020** Salaries, fees & national insurance £34,990 £37,693 ## **5. FIXED ASSETS USED BY THE PCC** ## **a) Tangible fixed assets** There are no tangible assets capitalised ## **b** |**)**
**Investment fixed assets**
Market value 1stJanuary
Net gains/losses on annual revaluation
Proceeds from shares sold
**Value at 31st December**
Holdings at 31stDecember - no. of shares
Market value per share at 31stDecember
(p)
Revaluation increase/decrease
Dividends received
Dividend yield
**NALYSIS OF NET ASSETS BY FUND**
Endowment funds
Unrestricted funds
Current assets
Less Current liabilities
**Fund Balances**||**Hall**
0
0
0|**St Barnabas**
844964
122794
0|
|**Total**
£ 844,964
£ 122,794
£-
**£ 967,758**
41,325
23.41
14.53%
£ 24,560
2.91%
**Total**
£ 967,758
£ 157,551
£-
**£ 1,125,309**|**Hall**
£ -
£-
£-
**£- **
-
£ -
**Unrestricted**
**Funds**
£ -
£ 145,929
£ 31
**£ 145,898**|**St Barnabas**
£ 886,347
£ 58,617
-£ 100,000
**£ 844,964**
41,325
£ 26,596
**Restricted**
**Funds**
£ 844,964
£ -
£-
**£ 844,964**|**Total**
£ 886,347
£ 58,617
-£ 100,000
**£ 844,964**
41,325
21.45
6.61%
£ 26,596
3.00%
**Total**
£ 844,964
£ 145,929
£ 31
**£ 990,862**| |---|---|---|---|---|---|---|---|---| |||||||||| |||**£- **
0
£0
**Unrestricted**
**Funds**
£ -
£ 157,551
£-
**£ 157,551**|**£ 967,758**
41,325
£24,560
**Restricted**
**Funds**
£ 967,758
£ -
£-
**£ 967,758**|
||||| ## **6. ANALYSIS OF NET ASSETS BY FUND** ## **The Parish Church of Branksome St. Clement** ## **Notes to the Financial Statements** **for the year ended 31[st ] December 2021** |**7. DEBTORS**
Prepayments
Rents
Gift aid recovery
**Total Debtors**
**8. CREDITORS**
Accruals - Fees outstanding
Diocese - weddings & funerals
Utilities
Independent examiner
Owed to sundry charities
HMRC - tax & national insurance
Receipts in advance
**Total Creditors**
**9**
**Analysis of Major Works**
**Church Floor Replacement**
**Architects Fees**
**New Projector & screens**
**New Hall Kitchen**
**Renovation of Hall Flat**|**Unrestricted**
**Funds**
£ -
£ -
£-
**£- **
£ -
£ 6,610
£ -
-£ 31
**£ 6,579**
**Church**
**£- **|**2021**
**Restricted**
**Total**
**Funds**
£ -
£ -
£ -
£-
£-
**£- **
**£- **
£ -
£ -
£ -
£ 6,610
£ -
£ -
£ -
£ -
£ -
£ -
£ -
-£ 31
£-
£-
**£- **
**£ 6,579**
**2021**
**Church Hall**
**£ -**
**£ -**
**£- **|**Unrestricted**
**Funds**
£ -
£ -
£ 18,088
**£ 18,088**
£ -
£ -
£ -
£ -
£ -
£ 31
£-
**£ 31**
**Church**
**£ 115,619**
**£ 13,772**
**£ 12,024**
**£ 141,415**|**2020**
**Restricted**
**Funds**
£ -
£-
**£-**
£ -
£ -
£ -
£ -
£ -
£ -
£-
**£-**
**2020**
**Church Hall**
**£ -**
**£ -**
**£-**|**Total**
£ -
£ -
£ 18,088
**£ 18,088**
£ -
£ -
£ -
£ -
£ -
£ 31
£-
**£ 31**| |---|---|---|---|---|---| ## **The Parish Church of Branksome St. Clement Balance Sheet as at 31st December :** |Notes
**FIXED ASSETS**
5
Tangible fixed assets
Investments (Endowment) - St Barnabas
- Hall
5b
**CURRENT ASSETS**
Debtors
7
Short term investments
Cash at bank and in hand
**CURRENT LIABILITIES**
Amounts falling due within one year
8
**NET CURRENT ASSETS**
**NET TOTAL ASSETS**
**RESERVES**
Closing unrestricted funds
Closing restricted funds - endowment
**TOTAL RESERVES**||**2021**
**£**
967,758
-
**967,758**
26,536
45,685
83,762
155,983
- 1,568
**157,551**
**1,125,309**
157,551
967,758
**1,125,309**|**2020**
**£**
844,964
-
**844,964**
18,088
23,167
104,674
145,929
544
**145,385**
**990,349**
145,385
844,964
**990,349**| |---|---|---|---| ||||| ||||| ||||| ||||| Approved by the Parochial Church Council on **13[th] April 2022** and signed on its behalf by **Beverley Robinson** CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of St Clemerrts Church Branksome On accounts for the year ended 31 December 2021 Charlty no (rf any) 1131692 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended Responsibilities and basis of report As the charity's trustees, you are responsibte for the preparation of the accounts in accordan￿ with the requirements of the Chartties Act 2011 (Ihe Acf). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applitsble Directions gtven by the Charity Commission under section 145(5)(b) of the Act. Independent examiner's ststement I have completed my examination. I confimi that no material matters hav8 ome to my attention in connection with the examination (other than that disclosed below") whith gives me cause to believe that in, any material respert: the accounting records were not kept in accordan￿ with section 130 of the Chartties Ad; or the accounts did not accord wtth the accounting records,. or the accounts did not comply wtih the applicable requirements conceming the fom and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requir8ment that the accounts give a Irue and fairf view which is not a matter considered as part of an independent examinats'on. I have no concems 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 of the accounts to be reached. . Please delete the wo￿$ in the bTrckets rf they do not apply. Signed: ?3/( 202z Name: Graham Hunt Relevant professional qualiti¢ation(s} or body (if anyl: ICEAW Address: IER Oct 2018