This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2021-12-31-accounts
|
Page |
| Reference and administrative details of the Charity, its Trustees and advisers |
1 |
| Trustees' report |
2 −3 |
| Independent examiner's report |
4 |
| Statement of financial activities |
5 |
| Balance sheet |
6 |
| Notes to the financial statements |
7 −23 |
|
|
Endowment |
Restricted |
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
funds |
|
|
2021 |
2021 |
2021 |
2021 |
2020 |
|
Note |
£ |
£ |
£ |
£ |
£ |
| Income and |
|
|
|
|
|
|
| endowments from: |
|
|
|
|
|
|
| Donations and legacies |
3 |
|
|
190,605 |
190,605 |
27,027 |
| Other trading activities |
4 |
|
|
49,851 |
49,851 |
36,520 |
| Investments |
5 |
|
13,332 |
31,740 |
45,072 |
57,025 |
| Other income |
|
|
|
245 |
245 |
162 |
|
|
− |
− |
|
|
|
| Total income and |
|
|
|
|
|
|
| endowments |
|
|
13,332 |
272,441 |
285,773 |
120,734 |
| Expenditure on: |
|
|
|
|
|
|
| Raising funds |
6 |
|
|
19,413 |
19,413 |
10,612 |
| Charitable activities |
7 |
− |
2,386 |
136,198 |
138,584 |
109,367 |
| Total expenditure |
|
|
2,386 |
155,611 |
157,997 |
119,979 |
| Net income before |
|
|
|
|
|
|
| net gains on |
|
|
|
|
|
|
| investments |
|
|
10,946 |
116,830 |
127,776 |
755 |
| Net gains on |
|
|
|
|
|
|
| investments |
|
65,239 |
|
|
65,239 |
29,306 |
| Net income |
|
65,239 |
10,946 |
116,830 |
193,015 |
30,061 |
| Transfers between |
|
|
|
|
|
|
| funds |
16 |
− |
(38,478) |
38,478 |
|
|
| Net movement in |
|
|
|
|
|
|
| funds |
|
65,239 |
(27,532) |
155,308 |
193,015 |
30,061 |
| Reconciliation of |
|
|
|
|
|
|
| funds: |
|
|
|
|
|
|
| Total funds brought |
|
|
|
|
|
|
| forward |
|
453,712 |
110,885 |
893,730 |
1,458,327 |
1,428,266 |
| Net movement in funds |
|
65,239 |
(27,532) |
155,308 |
193,015 |
30,061 |
| Total funds carried |
|
|
|
|
|
|
| forward |
|
518,951 |
83,353 |
1,049,038 |
1,651,342 |
1,458,327 |
|
|
|
2021 |
|
2020 |
|
Note |
|
|
|
|
| Fixed assets |
|
|
|
|
|
| Tangible assets |
11 |
|
40,148 |
|
43,606 |
| Investments |
13 |
|
518,951 |
|
453,712 |
| Investment property |
12 |
|
705,000 |
|
705,000 |
|
|
|
1,264,099 |
|
1,202,318 |
| Current assets |
|
|
|
|
|
| Debtors |
14 |
17,812 |
|
18,113 |
|
| Cash at bank and in hand |
|
373,651 |
|
254,014 |
|
|
|
391,463 |
|
272,127 |
|
| Creditors: amounts falling due within one |
|
|
|
|
|
| year |
15 |
(4,219) |
|
(16,118) |
|
| Net current assets |
|
|
387,244 |
|
256,009 |
| Total assets less current liabilities |
|
|
1,651,343 |
|
1,458,327 |
| Net assets excluding pension asset |
|
|
1,651,343 |
|
1,458,327 |
| Total net assets |
|
|
1,651,343 |
|
1,458,327 |
| Charity funds |
|
|
|
|
|
| Endowment funds |
16 |
|
518,951 |
|
453,712 |
| Restricted funds |
16 |
|
83,353 |
|
110,885 |
| Unrestricted funds |
16 |
|
1,049,039 |
|
893,730 |
| Total funds |
|
|
1,651,343 |
|
1,458,327 |
|
Unrestricted |
Total |
|
funds |
funds |
|
2021 |
2021 |
|
£ |
£ |
| Donations |
27,832 |
27,832 |
| Legacies |
162,773 |
162,773 |
|
190,605 |
190,605 |
|
Unrestricted |
Total |
|
funds |
funds |
|
2020 |
2020 |
|
£ |
£ |
| Donations |
27,027 |
27,027 |
|
Unrestricted |
Total |
|
funds |
funds |
|
2021 |
2021 |
|
£ |
£ |
| Cafe |
14,808 |
14,808 |
| Lettings |
24,321 |
24,321 |
| Fees from funerals, weddings and services |
10,722 |
10,722 |
|
49,851 |
49,851 |
|
Unrestricted |
Total |
|
funds |
funds |
|
2020 |
2020 |
|
£ |
£ |
| Cafe |
11,739 |
11,739 |
| Lettings |
18,814 |
18,814 |
| Fees from funerals, weddings and services |
5,967 |
5,967 |
|
36,520 |
36,520 |
|
|
Restricted |
Unrestricted |
Total |
|
|
funds |
funds |
funds |
|
|
2021 |
2021 |
2021 |
|
Local investment properties |
|
31,329 |
31,329 |
|
Interest receivable |
|
411 |
411 |
|
Saxby Fenton Fund |
13,332 |
|
13,332 |
|
|
13,332 |
31,740 |
45,072 |
|
|
Restricted |
Unrestricted |
Total |
|
|
funds |
funds |
funds |
|
|
2020 |
2020 |
2020 |
|
Local investment properties |
|
43,800 |
43,800 |
|
Interest receivable |
|
478 |
478 |
|
Saxby Fenton Fund |
12,747 |
|
12,747 |
|
|
12,747 |
44,278 |
57,025 |
| 6. |
Expenditure on raising funds |
|
|
|
|
Costs of raising income |
|
|
|
|
|
|
Unrestricted |
Total |
|
|
|
funds |
funds |
|
|
|
2021 |
2021 |
|
Property expenses |
|
19,413 |
19,413 |
|
|
|
Unrestricted |
Total |
|
|
|
funds |
funds |
|
|
|
2020 |
2020 |
|
Property expenses |
|
10,612 |
10,612 |
|
Restricted |
Unrestricted |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
| Church & Services |
2,386 |
74,174 |
76,560 |
| Building Maintenance |
|
35,024 |
35,024 |
| Diocesan Ministry |
|
27,000 |
27,000 |
|
2,386 |
136,198 |
138,584 |
|
Restricted |
Unrestricted |
Total |
|
funds |
funds |
funds |
|
2020 |
2020 |
2020 |
| Church & Services |
2,386 |
59,281 |
61,667 |
| Building Maintenance |
|
19,439 |
19,439 |
| Diocesan Ministry |
|
26,000 |
26,000 |
| Partition Project |
2,261 |
|
2,261 |
|
4,647 |
104,720 |
109,367 |
|
Activities |
|
|
undertaken |
Total |
|
directly |
funds |
|
2021 |
2021 |
| Church & Services |
76,560 |
76,560 |
| Building Maintenance |
35,024 |
35,024 |
| Diocesan Ministry |
27,000 |
27,000 |
|
138,584 |
138,584 |
|
Activities |
|
|
undertaken |
Total |
|
directly |
funds |
|
2020 |
2020 |
| Church & Services |
61,667 |
61,667 |
| Building Maintenance |
19,439 |
19,439 |
| Diocesan Ministry |
26,000 |
26,000 |
| Partition Project |
2,261 |
2,261 |
|
109,367 |
109,367 |
|
Church & |
Building |
Diocesan |
Partition |
Total |
|
Services |
Maintenance |
Ministry |
Project |
funds |
|
2021 |
2021 |
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
£ |
£ |
| Depreciation |
3,458 |
|
|
|
3,458 |
| Accountancy fees |
3,499 |
|
|
|
3,499 |
| Light and heat |
5,699 |
|
− |
|
5,699 |
| Insurance |
7,173 |
|
− |
− |
7,173 |
| Office costs |
3,278 |
|
|
|
3,278 |
| Trinity Resource Centre |
10,725 |
− |
|
|
10,725 |
| Church building works |
|
31,544 |
|
|
31,544 |
| Professional fees −building work |
|
3,480 |
|
|
3,480 |
| Other direct charitable |
|
|
|
|
|
| expenditure |
3,292 |
− |
− |
|
3,292 |
| Music−Director/ Organists/ |
|
|
|
|
|
| Advice |
26,499 |
|
|
|
26,499 |
| Diocesan ministry and shared |
|
|
|
|
|
| costs |
|
− |
27,000 |
− |
27,000 |
| Vicar's expenses |
5,237 |
|
|
|
5,237 |
| B Hunphrey donation |
5,000 |
|
|
− |
5,000 |
| PCC consultancy |
2,700 |
|
|
|
2,700 |
|
76,560 |
35,024 |
27,000 |
|
138,584 |
|
Church & |
Building |
Building |
Diocesan |
Partition |
Total |
|
Services |
Maintenance |
|
Ministry |
Project |
funds |
|
2020 |
2020 |
|
2020 |
2020 |
2020 |
|
£ |
|
£ |
£ |
£ |
£ |
| Depreciation |
3,656 |
− |
|
|
|
3,656 |
| Accountancy |
3,390 |
− |
|
|
− |
3,390 |
| Light and heat |
5,815 |
|
|
|
|
5,815 |
| Insurance |
6,958 |
|
|
|
|
6,958 |
| Office costs |
3,343 |
|
|
|
− |
3,343 |
| Trinity Resource Centre |
10,945 |
|
|
|
|
10,945 |
| Church building works |
|
19,439 |
|
|
2,261 |
21,700 |
| Other direct charitable |
|
|
|
|
|
|
| expenditure |
2,704 |
|
|
|
|
2,704 |
| Music−Director/ Organists/ |
|
|
|
|
|
|
| Advice |
14,585 |
|
|
|
|
14,585 |
| Scholarships |
5,036 |
− |
|
|
|
5,036 |
| Music/ Choir equipment |
41 |
|
|
|
|
41 |
| Diocesan ministry and shared |
|
|
|
|
|
|
| costs |
|
− |
|
26,000 |
− |
26,000 |
| Vicar's expenses |
4,438 |
|
|
|
|
4,438 |
| Organ compensation |
757 |
|
|
|
|
757 |
|
61,668 |
19,439 |
|
26,000 |
2,261 |
109,368 |
|
2021 |
2020 |
|
£ |
£ |
| Fees payable to the Charity's independent examiner for the independent |
|
|
| examination of the Charity's annual accounts |
634 |
600 |
| Fees payable to the Charity's independent examiner in respect of: |
|
|
| All other services not included above |
725 |
690 |
|
|
Fixtures and |
|
|
fittings |
|
Cost or valuation |
|
|
At 1 January 2021 |
56,051 |
|
At 31 December 2021 |
56,051 |
|
Depreciation |
|
|
At 1 January 2021 |
12,445 |
|
Charge for the year |
3,458 |
|
At 31 December 2021 |
15,903 |
|
Net book value |
|
|
At 31 December 2021 |
40,148 |
|
At 31 December 2020 |
43,606 |
| 12. |
Investment property |
|
|
|
Freehold |
|
|
investment |
|
|
property |
|
Valuation |
|
|
At 1 January 2021 |
705,000 |
|
At 31 December 2021 |
705,000 |
|
|
Listed |
|
|
investments |
|
|
£ |
| Cost or valuation |
|
|
| At 1 January 2021 |
|
453,712 |
| Revaluations |
|
65,239 |
| At 31 December 2021 |
|
518,951 |
| Net book value |
|
|
| At 31 December 2021 |
|
518,951 |
| At 31 December 2020 |
|
453,712 |
| Debtors |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Due within one year |
|
|
| Trade debtors |
6,529 |
8,326 |
| Other debtors |
6,834 |
5,501 |
| Tax recoverable |
4,449 |
4,286 |
|
17,812 |
18,113 |
| Creditors: Amounts falling due within one year |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Accruals and deferred income |
4,219 |
16,118 |
|
|
|
|
|
|
Balance at |
|
Balance at 1 |
|
|
|
|
31 |
|
January |
|
|
Transfers |
Gains/ |
December |
|
2021 |
Income |
Expenditure |
in/out |
(Losses) |
2021 |
| Unrestricted |
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
| Designated |
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
| Church & fabric |
|
|
|
|
|
|
| repair fund |
27,956 |
49 |
|
|
|
28,005 |
| Investment |
|
|
|
|
|
|
| property repair |
|
|
|
|
|
|
| fund |
32,607 |
57 |
|
|
|
32,664 |
| Church hall |
|
|
|
|
|
|
| repair fund |
14,094 |
26 |
|
3,625 |
|
17,745 |
| Church heating |
|
|
|
|
|
|
| fund |
13,204 |
32 |
|
2,375 |
|
15,611 |
| Cafe |
|
|
|
|
|
|
| depreciation |
|
|
|
|
|
|
| fund |
271 |
|
|
|
|
271 |
| Operational |
|
|
|
|
|
|
| reserve fund |
55,625 |
129 |
|
|
|
55,754 |
| Organ |
|
|
|
|
|
|
| replacement |
4,522 |
11 |
|
1,500 |
|
6,033 |
| Eric Duff Legacy |
5,000 |
|
|
(5,000) |
|
|
| Jean Crouch |
|
|
|
|
|
|
| legacy fund |
|
107 |
|
150,000 |
|
150,107 |
|
153,279 |
411 |
|
152,500 |
|
306,190 |
| General funds |
|
|
|
|
|
|
| General Funds − |
|
|
|
|
|
|
| all funds |
740,451 |
272,030 |
(155,610) |
(114,022) |
|
742,849 |
| Total |
|
|
|
|
|
|
| Unrestricted |
|
|
|
|
|
|
| funds |
893,730 |
272,441 |
(155,610) |
38,478 |
|
1,049,039 |
| Endowment |
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
| Saxby Fenton |
|
|
|
|
|
|
| Fund |
453,712 |
|
|
|
65,239 |
518,951 |
| Restricted |
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
| Saxby Fenton |
|
|
|
|
|
|
| Fund |
104,118 |
13,332 |
− |
(38,478) |
|
78,972 |
| Organ |
|
|
|
|
|
|
| depreciation |
|
|
|
|
|
|
| fund |
6,767 |
|
(2,386) |
|
|
4,381 |
|
110,885 |
13,332 |
(2,386) |
(38,478) |
|
83,353 |
| Total of funds |
1,458,327 |
285,773 |
(157,996) |
− |
65,239 |
1,651,343 |
|
Statement of fund |
s −prior year |
|
|
|
|
|
|
|
|
|
|
|
|
Balance at |
|
|
Balance at |
|
|
|
|
31 |
|
|
1 January |
|
|
Transfers |
Gains/ |
December |
|
|
2020 |
Income |
Expenditure |
in/out |
(Losses) |
2020 |
|
Unrestricted |
|
|
|
|
|
|
|
funds |
|
|
|
|
|
|
|
Designated |
|
|
|
|
|
|
|
funds |
|
|
|
|
|
|
|
Church & fabric |
|
|
|
|
|
|
|
repair fund |
27,872 |
84 |
|
|
− |
27,956 |
|
Investment |
|
|
|
|
|
|
|
property repair |
|
|
|
|
|
|
|
fund |
25,028 |
79 |
− |
7,500 |
|
32,607 |
|
Church hall |
|
|
|
|
|
|
|
repair fund |
11,334 |
35 |
|
2,725 |
|
14,094 |
|
Church heating |
|
|
|
|
|
|
|
fund |
10,784 |
45 |
− |
2,375 |
|
13,204 |
|
Cafe |
|
|
|
|
|
|
|
depreciation |
|
|
|
|
|
|
|
fund |
468 |
− |
(197) |
|
|
271 |
|
Operational |
|
|
|
|
|
|
|
reserve fund |
55,403 |
222 |
|
− |
|
55,625 |
|
Organ |
|
|
|
|
|
|
|
replacement |
3,009 |
13 |
− |
1,500 |
|
4,522 |
|
Eric Duff Legacy |
5,000 |
− |
|
|
− |
5,000 |
|
|
138,898 |
478 |
(197) |
14,100 |
|
153,279 |
|
General funds |
|
|
|
|
|
|
|
General Funds − |
|
|
|
|
|
|
|
all funds |
741,688 |
107,510 |
(115,135) |
6,388 |
|
740,451 |
|
Total |
|
|
|
|
|
|
|
Unrestricted |
|
|
|
|
|
|
|
funds |
880,586 |
107,988 |
(115,332) |
20,488 |
|
893,730 |
|
Endowment |
|
|
|
|
|
|
|
funds |
|
|
|
|
|
|
| • |
Saxby Fenton |
|
|
|
|
|
|
|
Fund |
424,406 |
|
|
|
29,306 |
453,712 |
|
Restricted |
|
|
|
|
|
|
|
funds |
|
|
|
|
|
|
| Statement of fun |
ds −prior year ( |
continued) |
|
|
|
|
|
|
|
|
|
|
Balance at |
|
Balance at |
|
|
|
|
31 |
|
1 January |
|
|
Transfers |
Gains/ |
December |
|
2020 |
Income |
Expenditure |
in/out |
(Losses) |
2020 |
| Saxby Fenton |
|
|
|
|
|
|
| Fund |
114,245 |
12,747 |
(2,386) |
(20,488) |
|
104,118 |
| Organ |
|
|
|
|
|
|
| depreciation |
|
|
|
|
|
|
| fund |
6,767 |
|
|
|
|
6,767 |
| Partition project |
2,261 |
|
(2,261) |
|
|
|
|
123,273 |
12,747 |
(4,647) |
(20,488) |
|
110,885 |
| **Summary of funds ** |
−current year |
|
|
|
|
|
|
|
|
|
|
|
Balance at |
| Balance at 1 |
|
|
|
|
|
31 |
|
January |
|
|
Transfers |
Gains/ |
December |
|
2021 |
Income |
Expenditure |
in/out |
(Losses) |
2021 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Designated |
|
|
|
|
|
|
| funds |
153,279 |
411 |
|
152,500 |
|
306,190 |
| General funds |
740,451 |
272,030 |
(155,610) |
(114,022) |
|
742,849 |
| Endowment |
|
|
|
|
|
|
| funds |
453,712 |
|
|
|
65,239 |
518,951 |
| Restricted funds |
110,885 |
13,332 |
(2,386) |
(38,478) |
− |
83,353 |
|
1,458,327 |
285,773 |
(157,996) |
|
65,239 |
1,651,343 |
| **Summary of funds ** |
−prior year |
|
|
|
|
|
|
|
|
|
|
|
Balance at |
|
Balance at |
|
|
|
|
31 |
|
1 January |
|
|
Transfers |
Gains/ |
December |
|
2020 |
Income |
Expenditure |
in/out |
(Losses) |
2020 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Designated |
|
|
|
|
|
|
| funds |
138,898 |
478 |
(197) |
14,100 |
|
153,279 |
| General funds |
741,688 |
107,510 |
(115,135) |
6,388 |
|
740,451 |
| Endowment |
|
|
|
|
|
|
| funds |
424,406 |
− |
|
− |
29,306 |
453,712 |
| Restricted funds |
123,273 |
12,747 |
(4,647) |
(20,488) |
− |
110,885 |
|
1,428,265 |
120,735 |
(119,979) |
|
29,306 |
1,458,327 |
| **Analysis of net assets between funds ** |
−current year |
|
|
|
|
Endowment |
Restricted |
Unrestricted |
Total |
|
funds |
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
£ |
| Tangible fixed assets |
|
27,840 |
12,308 |
40,148 |
| Fixed asset investments |
518,951 |
|
|
518,951 |
| Investment property |
|
|
705,000 |
705,000 |
| Current assets |
|
55,513 |
335,950 |
391,463 |
| Creditors due within one year |
|
|
(4,219) |
(4,219) |
| Total |
518,951 |
83,353 |
1,049,039 |
1,651,343 |
| **Analysis of net assets between funds ** |
−prior year |
|
|
|
|
Endowment |
Restricted |
Unrestricted |
Total |
|
funds |
funds |
funds |
funds |
|
2020 |
2020 |
2020 |
2020 |
|
£ |
£ |
£ |
£ |
| Tangible fixed assets |
|
30,226 |
13,380 |
43,606 |
| Fixed asset investments |
453,712 |
|
|
453,712 |
| Investment property |
|
|
705,000 |
705,000 |
| Current assets |
|
80,659 |
191,468 |
272,127 |
| Creditors due within one year |
|
|
(16,118) |
(16,118) |
|
453,712 |
110,885 |
893,730 |
1,458,327 |