2021-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Nicholas Warwick

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Annual Report ofthe Parochnd Church Council	3-5
Independent Examiner's Report
Statement ofFinancial Activities
Statement ofFinancial Position
Notes tothe Financial Statements	9-17

is report was ap	proved (ora	s otherwise stated) are;-
Incumbent:		Revd Linda Duckers	Chair
Curates:		Revd Anita Morgan
		Revd Eire Hale	From Jul 2021
Wardens:		Mrs Pam Daniel	Only to APCM 2021
		Mrs Sarah Bazin	From APCM 2021 (Vice chair)
		Mr Paul Williams	R~ea ointed APCM 2021
Secretary:		MrJames Bazin	Re-appointed	atAPCM 2021
Representatives Deane S nod	on the	Mr Chris Foy Mr Antoine Mitchell	Re-appointed at APCM 2021 A ointed at APCM 2021
Elected Members		Mr Roy Emmerson	Re-appointed	at APCM 2021
		Mr Jonathan Forbes	Re-appointed	atAPCM 2021
		Mrs Anne Heaney	Re-appointed	atAPCM 2021
		Mrs Katie Jeifs	Re-appointed	atAPCM 2021
		Mr lan I ovecy	Re-appointed	atAPCM 2021
		Mr Robert Perkins	Re-appointed	at APCM 2021
		Mrs Fiona Trewick	Re-appointed	at APCM 2021
		Mrs Jane Rogers	Treasurer
			Re-appointed	at APCIVI 2021

			Unrestricted	Designated	Restricted	Tots& Funds	Tots& Funds
			Funds	Funds	Funds	2021	2020
		Note
INCOME AND ENDOWMENTS
FROM:
Donations and Legacies		4(a.)	63,474			63.4'/4	56.703
Charitable activities		4(b)	0		52,551	52.55 I	50.105
Other trading activities		4(c)	4,013			4,013	1,065
Investments		4(d)	201		1,888	2,089	2,544
TOTAL INCOJVIING RESOURCES			67,688		54,439	122,127	110,418
EXPENDITURE ON:
Charitable activities		5(a)	57,436		33.755	91,191	88,870
TOTAL RKSO(JRCES EXPENDED			57,436		33,755	91,191	88,870
NET INCOMING/(OUTGOING) RESOURCES BEFORETRANSFERS			10,253		20,683	30,936	21,548
Transfers between funds			-10,253	10,253
NET INCOMING/(OUTGOlNG) RESOURCES BEFOREOTHER				10,253	20,683	30,936	2J,548
RECOGNISED GAINS
Unrealised (loss) gain on revaluation inveshnents	of				9,279	9,279	4,173
Net movement in funds				I0,253	29,962	40,215	25,721
BALANCES BROUGHT FORWARD AT 1stJANUARY 2021			47,000	126,191	131,968	305,158	279,437
BALANCES CARRIED FORWARD AT 31stDECKMBKR2021			47,000	136,443	161,930	345,373	305,158

	F	orthe year ended 3	1stDecember 2021
				2021		2020
			Unrestricte	Restricted	Total	Total
			d
4 INCOME AND ENDOWMENTS FROM:
4(a) Donations and Legacies Planned giving			40,389		40,389	41,807
Other donations/fundraising			1,403		1,403	2,912
T4U donations			643		643	212
Myton Green donation			100		100	0
Toddler Group income			224		224	0
income tax recovered -	Planned	giving	9,382		9,382	9,669
Collections at services			269		269	492
Legacies			10,000		10,000	0
Furlough			1,065		1,065	1,572
			63,474	0	63.474	56,665
4(b) Charitable Activities Grant from King Henry VIII Endowed Trust				44,551	44,55!	40, 105
income gom Henry Project Pool				8,000	8,000	10,000
				52,551	52,551	50,105
4(c) Other trading activities PCC Wedding fees			1,233	0	1,233	481
Funeral fees			1,199	0	I,199	455
Church bookings			1,581	0	1,581	129
			4,013		4,013	L065
4(d) Investments !nvestment income			201	1.888		2,544
TOTAL INCOMING	RESOURCES		67,688	54,439	122,127	110,379

					o	r the	year ended	31stDecember 202	1
									2021		2020
								Unrestricted	Restricted	Total	Total
5.EXPENDITURE		Ohb
5(a)Charitable Activities
Conu ibution to Diocese Support					Fund			12„075		12,075	13,673
Connibution to Diocesan			Training			Share		0	13,831	13,831	14,242
Clergy and Children's		Family Worker expenses						1.023		1,023	1,289
Church maintenance		Jt running		costs				15,187	0	15,187	13,300
Northside stonework		architect costs						0	9,838	9838	0
Children's Worker	using 14enty			Project Poo!				0	7,138	7,138	10,000
Children's Worker	using Henry			Fundinu				0	G	0	4,727
Independent examination			costs					1,560	0	1,560	1,524
Music costs								3,085	0	3,085	2,987
Worship expenses								789	G	789	720
Office cosrs								9,625	0	9,625	8,921
Insurance								6,860	0	6,860	7,018
Children's Ministry								419		419	125
Messy Church costs								0	0	0	183
Mimstry cosa								514	341	853	644
Depreciation								0	57	57	57
Contribution to Myton Hospice				Chaplain's			costs	0	0	0	907
Other Charitable	Donations fr				om StNicholas
CIVIC Vegore Covid		costs						1,000	0	1,000	0
Diocese ofCoventry								1,000	0	1,000	0
Myton Hospice								D	1,000	1,000	1,000
Tezpur Hospital Assam								750	0	750	1,000
W&f Foodbank								0	750	750	50D
2nd Warwick Sea Scouts								0	50G	500	500
Banishes Fund								300	0	300	300
Bible Society								300	0	300	300
Home for Cond								300	0	300	300
MS Society								300	0	300	D
NSPKU								300	0	300	300
Safeline								D	3DO	300	0
St Luke's Healthcare		for the Cler						3GO	0	300	300
Water Aid								300	0	300	300
Welcome Here Stratford								300	0	300	0
National Churches	Trust							250	0	250	250
Coventry Cathedral								IOD	0	100	0
JJohn								100	0	100	0
Warwick St.Mary's	scaffolding							'0	0	0	I,OGD
Alzheimer's Society								0	0	D	3GO
Children's Society								0	G	0	300
Cruse Bereavement.								0	0	0	300
Frank Water								0	0	0	300
Park View								0	G	0	300
Scripture Union								0	0	0	300

	F	or the year e	nded 31stDecembe	r 2021
				2021		2020
			Unrestricted	Restricted	Total	Total
Charitable Donations	from T4U
I3LESIvlA Children iu Need Myton Hospice			300 200 200		300 2DO 700	0 0 200
Adoption UI&. Air Ambulance Guys C1iffe Walled Garden IVlolly Oily's Wishes Woodloes Winter Wonderland			0 D 0 0 0		0 0 0 0 0	100 100 100 iDO 100
Total Charitable Activities			57,436	33,755	91,191	88,870
5(b)Use ot King Henry	YIIIgrant	in 2021
Contribution to Diocesan Training		Share		13,831
Northside stonework CY34 Charitable donations				9,838 500
Myton Green outreach				341
				24,510
5(c)Use ofKing Hemy	VIII Project Pool
Funding
Children's Worker				7,138

7.ANALYSIS OFNETASSETSBYFUND
					Total	Total
	Uarestricted		Designated	Restricted	Funds	Funds
	Funds		Funds	Funds	2021	2020
			8	8
Fixed assets		0	0	74,256	74,256	65,035
Current assets	52,9 II	I	136,443	87.673	277,027	244,958
Current liabilities	-5,911		0	0	-5,911	-4.835
Fund balance	47,000		136,443	161,930	345,373	305,158
Restricted funds made up of:
l,ees Bequest f93,943 (819,802 ofthis accumulated	interest)
Unspent Henry funding f67,008
Unspent Henry Project Poolf862
Fixed assets %115as below
Designated funds made up of:
Mission reserves f23,000
Building reserves f90,816
Use oflegacies f22,627
8.FIXEDASSETS
COST						Total
At31.12.20 and 31.12.21						6.106
DFPRECIATIOhl
At31.12.20						5.93 I
Charge foryear
At31.12.21						5,988
NET BOOK VALUE
Ar31.12.20						172
At31.12.21						115
9.DEBTORS					2021	2020
Other debtors					2,059	2.111
					2,059


10.CREDITOR	S: AMOUNTS FALI INC DUK WITHIN ONE YEAR	202i	2020
Other creditors		5,9I 1	4,836
		5,911	4,836
11,INVESTMENTS		2021	2020
Market Value at	I lau 2021	64,863	60,689
Net Crain/(Loss)	on revaluation	9,279	4,173
Market Vahte at	31 Dec2021	74,142	64.863

is made up ofa contribution to the Support Fund (assisting other	parishes in tb	e Diocese)	snd for Diocesan training costs;
	2021	2020
Stipend, pension, NI and houshig costs	47,002	46,217	Paid by King Henry VIII Trust
Contribution to the Diocese (Trtdning Fund)	13,831	14342	Paid by St Nicholas
Contribution to the Diocese (Support Fund and Deanery costs)	12,075	13,673	Paidby St Nicholas
Total received Iiy the Diocese	72,908	74,]32

			2021	2020
Not later than		I year	946	946
Later than	I year and not later than 5years		709	1,655
			I,655	2 601