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|||Contents||
|---|---|---|---|
||||Page|
|Annual
report||||
|Statement offinancial|activities|||
|Balance sheet||||
|Notes to the financial|statements|||
|Report ofthe independent||examiner|15|
|Charitable
Giving||||
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|||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Endowment|Funds|Funds|
||||||Funds|Funds|Funds|2021|2020|
|||||Notes||||||
|Income and endowments||from:||||||||
|Donations
and legacies||||2a|123,501|19„611||143,112|156,532|
|Charitable
activities||||2b|11,005|8„478||19,483|9,014|
|Trading activities||||2c|10,797|||10,797|11,573|
|Investments||||2d|8,193|2„422||10,614|10,859|
|Total income|||||153,495|30,511||184,006|187,978|
|Expenditure
on:||||||||||
|Raising funds||||3a|74|||74|403|
|Charitable
activites||||3b|135,454|26,559||162,013|174,899|
|Other trading
activites||||3c|10,037|||10,037|8,479|
|Other||||3d||(240)||(240|5,775|
|Total expenditure|||||145,565|26„319||171,884|189,556|
|Net income|||||7,930|4,192||12,123|(1,578)|
|Transfers between|funds - in||||13,198|1„375||14,573|14,176|
|Transfers
between|funds - out||||(14,428)|(145)||(14,573)|(14,176)|
|Other recognised|gains|||||||||
|Gains/(losses)
on revaluation|||of|||||||
|investments||||Sb|13,333||8,640|21,973|9,883|
|Net movement
in|funds||||20,034|5,422|8,640|34,096|8,305|
|Reconciliation
of|funds:|||||||||
|Total funds brought|forward||at|||||||
|1st January 2021|||||182,789|10,335|60,399|253,524|245,219|
|Total funds carried forward at||||||||||
|31stDecember 2021|||||202,823|15.,758|69,039|287,620|253,524|
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||Notes||||
|Fixed|assets||||||||
||Freehold land and||buildings||sa||1|1|
||Investments||||5b||106,538|93,205|
||Endowed
investments||||5b||69,036|60,397|
|Total|fixed assets||||||175,575|153,602|
|Current
assets|||||||||
||Debtors||||7|5,000||357|
||Short term deposits|||||93,844||91,140|
||Cash at bank|||||14,691||18,311|
||||||||113,535|109,808|
|Current
liabilities|||||||||
||Creditors: amounts||falling due within|one year|8||(1,490)|(9,886)|
|Net current assets|||||||112,045|99,922|
|Total|assets less liabilities||||||287,620|253,524|
|Funds|||||10||||
||Unrestricted|funds|||||||
||general|||||154,211||140,441|
||designated|||||48,614||42,351|
||||||||202,826|182,792|
||Restricted funds||||||15,758|10,336|
||Endowment|funds|||||69,037|60,397|
|Total|funds||||||287,620|253,524|
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|2|Analysis ofincome and||endo|wments|||||
|---|---|---|---|---|---|---|---|---|
||||||||Total|Total|
||||||Unrestricted|Restricted|Funds|Funds|
||||||Funds|Funds|2021|2020|
|a|Donations and legacies||||||||
||Planned
giving (excl tax||refunds)||82,405||82,405|81,792|
||Planned
giving (no tax refunds)||||7,383||7,383|6,567|
||Collections at aII services||||453|1,100|1,553|772|
||Collections
at concerts||||376||376|401|
||Special appeals &specific donations|||||10,667|10,667|16,017|
||Bosham Youth Group fundraising||||||||
||Gift Aid tax recoverable||||21,102|441|21,543|24,125|
||Grants||||596|7,402|7,998|6,116|
||Legacies & 'in memoriam'||donations||||||
||General donations||||5,285||5,285|17,476|
||Donations
from Church|visitors|||5,901||5,901|3,266|
||||||123,501|19,611|143,112|156,532|
|b|Charitable
activi res||||||||
||Bosham Youth Group activities|||||3,360|3,360|2,208|
||Parochial Fees from weddings,|||funerals|9,924|100|10,024|6,206|
||Other income from weddings,|||funerals|1,081|5,018|6,099|600|
||||||11,005|8,478|19,483|9,014|
|c|Trading activities||||||||
||Fete, concerts and events|||||||29|
||StNicholas Hall lettings||||6,449||6,449|4,918|
||Magazine
subscriptions||||3,092||3,092|3,335|
||Magazine
advertisement||income||1,256||1,256|3,290|
||||||10,797||10,797|11,573|
|d|Investment
income||||||||
||StNicholas
flat rental||||6,069||6,069|6,008|
||Interest and investment|income|||2,124|2,422|4,546|4,851|
||||||8,193|2,422|10,614.4|10,859|
||Total received on all funds||||153,495|30,511|184,006|187,978|
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|||||NOTES TO THE|FINANCIAL STA|TEMEN|TS|||
|---|---|---|---|---|---|---|---|---|---|
|3|Analysis ofexpenditure|||on:||||||
|||||||||Total|Total|
||||||Unrestricted|Restricted||Funds|Funds|
||||||Funds|Funds||2021|2020|
|a|Raising funds|||||||||
||Stewardship
costs||||74|||74|292|
||Bookstall expenses||||||||49|
||Concerts and event expenses||||||||62|
||||||74|||74|403|
|b|Charitable
activities|||||||||
||Charitable
giving||||9,586|4,709||14,295|17,843|
||Diocesan parish share||||74,300|1,752||76,052|75,727|
||Local mission and outreach||||818|||818|1,305|
||Vicarage expenses||||4,049|||4,049|13,860|
||Church
running
expenses||||9,344|1,375||10,719|6,980|
||Church maintenance||||5,816|||5,816|4,882|
||Expenses ofservices||||8,276|||8,276|7,777|
||Expenses ofweddings,||funeral||839|4,974||5,812|628|
||Church enhancements||||1,305||175|1,481|4,420|
||Church major repairs||||2,867|10,838||13,705|14,880|
||Costs ofchurchyard|and||burial ground|3,100|||3,100|6,086|
||Youth work||||164|2,736||2,900|6,572|
||Clergy working
expenses||||2,856|||2,856|2,302|
||Administrative
expenses||||11,313|||11,313|10,893|
||Bank charges||||641|||641|564|
||Independent
examination|||fee|180|||180|180|
||||||135,454|26,559||162,013|174,899|
|c|Tradkng activites|||||||||
||StNicholas Hall running|||costs|4,951|||4,951|5,311|
||StNicholas Hall maintenance||||1,498|||1,498|30|
||Fete expenses||||||||20|
||Parish magazine||||3,588|||3,588|3,118|
||||||10,037|||10,037|8,479|
|d|Other|||||||||
||Sacristy/boiler
room|project||||(240||(240)|5,775|
||Total resources expended||||145,565|26,319||171,884|14,253|
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|Funds|held in reserve are invested
in CBFinvestment
fun|ds and revalued
at the y|ear end.|
|---|---|---|---|
|||Reserve|Endowment|
|||Funds|Fund|
|Market|value at 1stJanuary 2021|93,205|60,396|
|Gains|on revaluation
at 31stDecember 2021|13,333|8,640|
|Market|value at 31stDecember 2021|106,538|69,036|
|Analysis|ofnet assets by fund|||||||
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
|||Unrestricted|Restricted||Endowment|Funds|Funds|
|||Funds|Funds||Funds|2021|2020|
|Freehold|land and buildings|I||||I|I|
|Investments||41,135|65,403||69,037|175,574|153,601|
|Current
Current|assets
liabilities|162,849
1,159|(49,313)
331|||113,535
1,490|109,808
~(9,886|
|||202,825|15,758||69,037|287,620|253,524|
|Debtors||||||2021|2020|
|Income|tax recoverable|||||5,000||
|Prepayments|||||||357|
|||||||5,000|357|
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|8|Creditors: amounts|Creditors: amounts|falling|falling|due within|one year|||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|
||Deferred income||||||||414|5,800|
||Accruals for utilities||||||||865|455|
||Other creditors||||||||211|3,631|
||||||||||1,490|9,886|
|9|Comparatives
for|the statement offinancial activities|||||||||
||||||||||Total||
|||||||Unrestricted|Restricted|Endowment|Funds||
|||||||Funds|Funds|Funds|2020||
||Income and endowments|||from:|||||||
||Donations
and legacies|||||133,827|22,705||156,532||
||Charitable
activities|||||6,506|2,508||9,014||
||Trading
activities|||||11,573|||11,573||
||Investments|||||8,536|2,323||10,859||
||Total income|||||160,442|27,536||187,978||
||Expenditure
on:||||||||||
||Raising funds|||||403|||403||
||Charitable
activites|||||152,286|22,613||174,899||
||Other trading
activites|||||8,479|||8,479||
||Other|||||2,870|2,905||5,775||
||Total expenditure|||||164,038|25,518||189,556||
||Net income|||||(3,596)|2,018||(1,578)||
||Other recognised|gains|||||||||
||Gains/(losses)
on revaluation||||of||||||
||investments|||||5,996||3,887|9,883||
||Transfers between|funds||||(35)|35||||
||Net movement
in|funds||||2,365|2,053|3,887|8,305||
||Reconciliation
offunds:||||||||||
||Total funds brought||forward||at 1st||||||
||January 2020|||||180,425|8,282|56,512|245,219||
||Total funds carried||forward at 31st||||||||
||December 2020|||||182,790|10,335|60,399|253,524||
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