TRUSTEES' ANNUAL REPORT FOR 2021
Income and expenditure were balanced, leaving our financial position unchanged. Income was affected by lower collections, fewer weddings and less hall rental. We were able to pay only a third of the requested Diocesan contribution. Charity giving was reduced correspondingly.
Repair work was carried out on the tower and spire and is planned for the church windows and the halls roof.
Services resumed fully in church and continued on Zoom too.
FUNDS TABLE 01/01/2021 to 31/12/2021
ST EDBURGHA YARDLEY PCC
| B/FWD | INCOME | EXPEND- | TRANSFER | C/FWD | |
|---|---|---|---|---|---|
| ITURE | |||||
| ASSIGNED FEES | 637 | 1972 | 1335 | ||
| BELLS | 5168 | 50 | 5218 | ||
| CHOIR MUSIC | 7 | 10 | 17 | ||
| COMMUNITY | 289 | 237 | 51 | ||
| COTTAGES | 5260 | 20340 | 11399 | -4841 | 9360 |
| FABRIC | 10909 | 3547 | 1784 | 12672 | |
| FABRIC - WINDOWS | 3000 | 3000 | |||
| FLOWERS | 123 | 320 | 425 | 18 | |
| HALLS | 7743 | 8469 | 727 | ||
| ORGAN | 1770 | 90 | 1860 | ||
| RESTORATION | 66253 | 59964 | 60181 | 66036 | |
| TODDLERS | 666 | 150 | 516 | ||
| TRUST SCHOOL | 844 | 4358 | 3514 | ||
| VDF | 577 | 577 | |||
| WEDDINGS | 3932 | 9964 | 5406 | -3939 | 4550 |
| XPM | 42 | 888 | 883 | -42 | 5 |
| XPM - CMS | 20 | 40 | 21 | 1 | |
| XPM - MALAWI | 19 | 40 | 21 | ||
| YOUTH CLUB | 108 | 108 | |||
| GENERAL | 6207 | 35900 | 45129 | 3054 | 32 |
| TOTAL | 104354 | 104025 |
| BALANCE SHEET 31/12/2021 | ST EDBURGHA YARDLEY PCC | |
|---|---|---|
| CURRENT ASSETS | 2021 | 2020 |
| BANK | 79906 | 84114 |
| CASH | 486 | 155 |
| CBF INVESTMENTS | 23633 | 20085 |
| TOTAL | 104025 | 104354 |
| RESERVES | ||
| DEFICIT TO DATE | -329 | -11728 |
| STARTING BALANCE | 104354 | 116082 |
| TOTAL | 104025 | 104354 |
RECEIPTS & PAYMENTS YEAR TO 31/12/2021
| RECEIPTS | |
|---|---|
| STEWARDSHIP | 25421 |
| COLLECTIONS | 1547 |
| WEDDINGS - NET | 3222 |
| FUNERALS - NET | 2584 |
| ASSIGNED FEES | 1972 |
| DONATIONS | 4944 |
| RENTALS | 28378 |
| MAGAZINE | 600 |
| CHARITY | 889 |
| INVESTMENTS | 3548 |
| TOTAL | 73105 |
| PAYMENTS | |
| MUSIC | 4221 |
| CHURCH | 14910 |
| HALLS | 8471 |
| TRUST SCHOOL | 4358 |
| COTTAGES | 11399 |
| CLERGY | 2346 |
| OFFICE | 9514 |
| MAGAZINE | 165 |
| CHARITY | 1484 |
| RESTORATION - NET | 217 |
|---|---|
| ASSIGNED FEES | 1972 |
| DIOCESAN COMMON FUND | 14000 |
| BANK | 378 |
| TOTAL | 73435 |
| DEFICIT | 330 |
| DEFICIT (incl. Appeal) | 330 |
| DEFICIT (excl. Appeal) | 113 |
Independent Examiner's Report to the PCC of Yardley, St Edburgha’s (Registered Charity No. 1131907)
This report on the accounts of the PCC for the year ended 31[st] December 2021, which are set out in the Summary of Funds and the Receipts & Payments Account, is in respect of an examination carried out under Regulation 3(3) of the Church Accounting Regulations 1997 and s.43 of the Charities Act 1993.
Respective responsibilities of trustees and examiner
As the members of the PCC you are responsible for the preparation of the accounts; you consider that the audit requirement of Regulation 3(3) of the Church Accounting Regulations 1997 and section 43(2) of the Charities Act 1993 (the Act) do not apply. It is my responsibility to issue this report on those accounts in accordance with the terms of regulation 25 of the Church Accounting Regulations 1997 and Regulation 7 of (Accounts and Reports) Regulations1995.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission under section 43(7)(b) of the Act and to be found in the guidance from the CBF. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
In connection with my examination, no matter has come to my attention;
-
(1) which gives me reasonable cause to believe that in any material respect the requirements
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to keep accounting records in accordance with section 41 of the Act; and
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to prepare accounts which accord with the accounting records and to comply with the requirements of the Act, as also contained in the Church Accounting Regulations 1997
have not been met; or
- (2) to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
Signed: A .Donald Abbott F.C.A. Independent Examiner
........................................................
Date 18[th] February 2022
.