CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of The Parochial Church Councll of the Ecclesiastical Parish of the Annunciation Of the Blessed Wiryin Mary Chislehurst On accounts for the year ended 31 December 2021 Charity no {if any) 1132138 Set out on pages I report to the trustees on my examination of the accounts of the above charity (Ihe Trusf) for the year ended Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (Ihe Acn. I report in resFd of my examinatron of the Trust's accounts Garried out under section 145 of the 2011 Act and in carying out my examination, I have foll¢Thed the applicable Directions given by the Charrty Commission under section 145(5){b) of the Act. I have completed my examination. I confimi that no material matters have come to my attention (other than that disdosed bel¢)w ") in connection with the examination whrth gNes me cause to believe that in, any material respeGt.' accounting records were not kept in accordan with section 130 of the Act or the accounts do r)ot acC(d with the aCunting rd$ I have no concems and have come acn)ss no other matters in connection th the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the worits in the brackets rfthey do not apply. Independent examinerfs statement Signed: Date: RIL 2021 Name: In r rd CqvJOO Relevant professional qualffication(s} or body Irf any): ()0. o Address: IhiblehwsT IER October 2018
Section B Disclosure Only complete rf the examiner needs to highlight matters of concem (see CC32, Independent examination of tharity accounts". directions and guidan for examiners). Give here brief details of any items that the examiner wishes to disclose. IER October 2018
Church of the Annunciation of the Blessed virgin Mary. Chislehurst Statement of Financial Activiti"es For the Year ended 31st Decemter 2021 Total Funds 2021 2020 Incoming Resources Voluntary Income tivitie5 for 8enerating Income frL¥n IrWesttnts Income frixn Churth ActMtE5 Otherlncornirg ResrreS 49.113 li,(0 31,815 820 212 12339 30.231 12.339 30.836 7 12.543 4.037 Total Incomin8 Resrte5 9311 12.498 1¢%.424 93.( Resources Expended Churth artivit$ Fvnd ltsising Cost5 iCfj386 IP17 13.442 120.428 1,017 SI, 1.049 Total restyjrs ExpefvJl lo8,)3 13.442 121,445 83.199 Net Incomingloutgoing Resources before other Reci>gnised Gains and Losses Gaith/lL) on IrsvesÈrnErrt A55ets on Revaluion 114.1921 I.011 9,801 816 Net Movement in Funds 114.1921 19441 113.9351 10.617 Transfer Fknveen Fund5 13.156) Balono b/fI1 l January2021 397318 89.755 15.026 567.176 556359 Balan clfwd 31 December 2021 379.970 67.342 89A17 l&ll2 553.241 567.176 Fixed Assets Tangtb Fixed Assets Ii)¥e5thnts V5326 225,926 225,926 16,112 15.026 242,038 240.952 141 67.342 67,342 243,861 311,203 65.077 261.147 126.324 Cash * ban* 89A17 Total 379,970 61342 89.817 16.112 553.241 561.176 Parfsh Funds UnrestrKted Desi13 Restricted 379.970 67342 89A17 16,112 553.241 397318 65.077 89,755 15.026 567,176
Church of the Annunciation of the Blessed Virgin Mary. Chislehurst Notes to the Financial Statements For the Year ended 31st Decemter 2021 Incoming Resources Total Fund5 2021 2020 Fu Voluntary Income Pla1 GThpinpJfamity Purse Standing OrdÈr5 IncomeTax Recthtralle Collertions loper¢ sAatel DonatK)nslAppèa15 etr Le8Kies Collections. Other-15(>FI 8.170 2173 8.645 2M35 8,170 I273 9,208 2,435 6,407 2(K) 713 11,326 16,490 8,752 2,434 7.489 2939 713 2.622 49,113 32 Activities for Generating Funds sand Airtumn Fetes Sundaycoffee Nxni¥ Of8an Reotal Brixnley Boy5 SinBers cMerat M Church Magazine Mobile Phone Coffee Stop Produ sale 295 105 2CV) 340 353 115 io.(#)) 136 79 11,040 170 170 lox 185 58 12.339 io. 11339 Income from Investments DNHlends and Iniereq Iuded Rer)tsl rkjcrtys Surgery Rentsl Incorne 47 Hle Rd 51 21tKx) 49) 1.635 21.iXX) 9.IBO 31.815 21.(KXI 9.180 30,836 30.231 Income from Church Actfvities BoDk stall ornIst 31 80 709 820 71x1 7LKI 7(M) Other Incoming Resources Insurance aaim Grantldonations cjock repairs 5t Mary Hall Contiitr•JEK)n for firÈextinguisheF5eD Mannln8andAntlertixi contlibutiw tothurdryan RefurKI on U11*$ 3.416 3,416 576 45 4.037 576 45 12,543 74 212 Total Incoming ReS(r 93.811 115 12.498 IC6,424 93.1x>
Total Funds 2021 2020 Church Activities Heme Mi5510ns 5e£ulèrCharities Ministry. Pafish Share Ministry. Costsl Expenses Chuch RurbntnyJMalnten3n Fee5 ID&F pcth of fee51n Upkeep ofSvtces (hlwchrdrd Upkew aff Repair PlewVotNe G7ndleStawJ Anni¥er5ary lunth. Lat Printi1)8 ar Sta11nery SubscriptK) Other Parfsh Costs ankChar8es CouwlTax Water Util¥ties Insurance OrEanÈ# Feesand 1r Mu5 265 2.724 47,489 2,042 6,153 3.797 75,832 1,946 2.102 178 733 75332 1102 178 669 1.976 9.548 774 774 410 410 267 iio 206 2.803 120 2,651 3A71 3.877 5.633 4368 220 120.428 5.245 5.fA12 4.252 4368 Z20 I(386 13.442 81.9J) Fund Raising Costs ComrnemoratNe Mug5 FeteslEvents Card Reader lease charges Property Up*eep awj Le8al Fees 744 228 149 149 305 I,C519 1.017 1.017 Governance Costs Indepejthnt Exam1¥ 250 Total Resourtes Expended 12L445 83,199
Freeh¢)Jd Land and But1 Tangib Fixedknetslwre5tiKredl at Currentvaluation 225.926 225.926 225,926 Thefreeholl land and bJilthng5c(nprisefvCvrate's hcNtseat47 Road,ChiYehursL Ftyacontin8 Wr[Sesthe property ha5been treated asan irNestmerttVUFffj.TherE is no Wofacvrats at Wesenttejse0f tliwan lCY¥d the propertyhas lei to the 5afrttenantssinceCktober 198L Thecurrentvaluation in5warKevaluati datedjune 2015. Though the rnarkei ¥alL47ti0n urhknltrted benK)re. it ha5totetaken intO&COLmt thatSe[nga htyjsewith longtsrm ttingtenantsdewessesttYdlueofthÈprorTr. CBF Church of Engknd I1wr FuNJIFThe¥ Inieie51Sea¥ths Fund. In(tvneShares M6rketValue- i January Netgalb/lLosslfX)anrM¥I Rerfaluatk 14.241 974 15,215 13A75 766 14,241 Paith Trurt Funds Market Value- ljanuary t4ef l/(LO$s) on ann Aalua0 735 112 Total Investments 16,112 15,026 rsFChui 4Aa din8S 31stDetembw))21 comwwj 2g2L611202tr. 2g22.6LI shareswrtha bK price of 157.9)p12020." Z69.15pl inthe thurth of Engtsnd fixed Interest SeoJiiDes Fund Irrome Sharesand4S3.14{2020.. 453.141 Sha?& bid m (¥f2338.67p 12020.. 2044.67pl intkclwrth OlEn Ir{Share Pdrish trusl FUndSareJd bytheRCXt Dsand &F.35cuA(Kkntruwe.ThE Ffci5 re5ponYtrAefLKaSts5 £512.34 anda maetUe of£89738131.12.X12tr. £7&0n Funds The rEthrted fvnd5CCMkn5e5aIidlectsLa1 as9xia rethmedgtftaKI. and theT{FUr. Athe fund5are heldin thegeneral bank ac¢th4rt in separatesub tyJnts I(¥1>"¢asseparatt fundswlth thpcefttrèl &)ard Inartrof thechurth of EsWaTrd. The Restorats Fund s Nbasrfwiate bankwjni andondeptst ¥ffihttCentral 8oard of tnce ofthe thurch of EnonThe$al collethLV55are P3KJoutas3pprorMiate. TheTtrWeTFud Maintenare The fund isfwthecare arKJ LYx)$erythdthfabrK ofthe vrd 8L623 968 TcAr Fwl 3.431 710 89.817 2021CharitydonabLTh notiet PaKI(rt The ET¥fjtrnt Fnd sstbe Margaret Hm$haW Music FU.Thekl1sheJd in CBF Ine re¥thd1OerKjSare within thethufch. The Partsh Trust kngterm hAw15 fiVC8e0fCatssrn1ntthIth¥ar aThJthereFNettannL41 Lme15 treaied a5 re5trth(L Fund Movements Dewted fndowment Funds Fund nd 8alance atthe Wnftryofthes Incoming Resources outgrRestsure$ Investment G3inllLotsl BBe attheendofthe¥*ar 83BI 6577 oi 3.431 115 67,342 1,086 16,112 91
The Finan£ial Ststements have been prepared under the hrsEml(o# exception ofMNe5tfflents are recwised 8t rnartet The FinarKial statem ha been EPad Receipts and Paywt methr>J. FUNDS FUF are fvn the rapitslof be m8lntained. lY irKornE ari5ingfrDm irNestment ofthe endowment may used efther as restrided oruthrestitted (unds d4ndIrUKrf)rtthe F4JfF¥)5efor the was e5taNhed. objects prowded in thetem15 ofthetrust orbwue5t. arKI bl1knnI oryants rew%td fora speofK object or anled bythe PCC fort sOblt The fvnd5 be exre¥thd on sFEaficobjectfDrwhich thrywere wen. Any baL•nce TenwiniF¥ Ufis attheoKI oFtheyearmay t taniedforwatd a5 a bathn on thefvnd. The Pccdoes r& usualtyinve5t sepaTatd¥ Fc¥ each fufyj. WTheFetttÈ is fio Separate in¥estrneTrL Int is apporri0 to indNtdual lunds on an average balino basis. Unrestrkted FtyKlsare 8eneralfund5 ran be Ltsed for Ffc I)rthrpL4ts Re irth))e ftthe ktti#8 of Churth RESOURCES anned 8ivin& coJknhS dwaTh$8re recwiJ when rKei¥ed. Tax refi1nds recwi5ed When the resoutoWh1ch theyreTraie s rec%d. Gtsrrts and Wies are auxmffted forvkn reed byt PCC All inCOrninE resourSafe accounied foras gros> A yantof£6.(MxJ1tomthe(hislehurst51ety and )KXThSOf£l.253 eath during thearoardsthe repair ar¥J UpeDfth Torckxkn Athird thyt)n for the samearytsJnthas been wtsffli5ed for 2022. An insurat)ce setyemert of £3.416wrns rettid lorlEad stolen fr(xn the roof. The reF4rfemeni worts WAII not start until Spring 202Z. and the ts hehl in unte5triLted RESOURCES EXPENDED Grants and donaton5 areKctythted fwttht) 0¥. The Dictesa parish share is get7eraltyxcted for+n paKI. kn 2020 duetoconcern ¢)¥erihe effta of CovTd 19on ina)me. Partr5h Shafe pats reduced, arml £15.832 w7s (YArd • arend. This was 2021. Arnounts rereiyed $klfr are dealt7th asrestrKkd AM rsgeneralty recognised wh) it is paid and Voss. £9,548 wa5 Spent on the repairaod Lltvade ofthe Tri. FE A$5Ets Coreated bÈnefKe t5 Ied intheacttyjnts in attoFdlIh &9612MalofY tharflPA 1993. MowblÈ thwth furnishings held thE VK31arKI thyrdmankns tnjsttrthe PCC arml whKh require 4frdcufor di5POs4 are inèlienable t¥0rty, b5ted inthethurth's irfywt(Ky. whthtan bE insp lat any rea50natrAe timel. FOrhing acqulred lt0 21mthere is insuffioenE Cost Infom1 availal]le arml thwefore suth assetsare rvalU in the ffinancial Statements. b$equffto ityfThvJual item ha5coll mNe th¥ £l.IXK)s0 au SLKh expenditure hès beentten off when incu¥¥ed. 140£0# TnfoTmation is ihe curas's1th5e. 47 FkthKlak Rr¢d (hithrsL SO it lJded asthe currerty5 Insurafiovalualion. thE a55et is acquired. Investmentsare ¥aluedat wrketvalL*at Ytst Lkn).