## Ashtead PCC Annual Report & Full Financial Statements for the year ended 31 December 2021 Full Financial Statements are available to download from the church website sgsgashtead.org.uk Ashtead Parochial Church Council - Registered Charity No: 1132244 Registered Office: Parish Office, St. George’s Christian Centre, Barnett Wood Lane, Ashtead, Surrey KT21 2DA REGISTERED CHARITY NUMBER: 11Y2244 REPORT OF THE TRUSTEES AMD FINANCIAL STATEMENTS FOR TrE YEAR ENDED 31 DECWER JJ21 AsTrrrEAD PAROCHIAL CHURCH COU14CIL GBJ Finondd Sterllng Hou8e 2T Hat¢hI8￿1$ Road Redhll Suwroy RH16RW ASHTEAD PAROCHIAL CHURCH COUNCIL CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2021 Page Report oftho Trustees 1 to 7 Report of the Independent Audltor8 8 to 10 Statement of Flnanclal Activitles 11 Balance Sheet 12 10 13 Cash Flow Slatsmgn¢ 14 Notes to tha Cash Flow Statsment 15 Notes to Ihe Flnanclal Ststements 16 10 24 ASHTEAD PAROCHIAL CHURCH COUNCIL REPORT OF ThE TrU3TEES FOR THE YEAR ENDED 31 DECEMBER 2021 Thg trus188s preS￿t Ih8tr we￿t wilh the ffin8ncLql stslements of Ihe charity for the yeor ende 31 December 2021. The truBtees have adlh Deanery and Parish levels. The ChLKth of England resources We￿ used in ￿)USegroupS aThJ a &week course lo begin the di8cussi¢x of drfference and living well together as the church community. See https.'IlwM.churchofengland.orglresourcesfjiving-love-aThS-failhl8bout-livin*lov&arKI-fa1lh. Rebuilding communty continued throughout the year as we w¢l¢omes bad( hirers, wfonners, church aThY community groups. ASHTEAD PAROCHIAL CHURCH COUNCIL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEhl8ER Z021 FINAMCIAL REVIEW Flnanclal po¥Jition 2021 w8s another e¥traordinwy year wilh Ihe church locked down in the first haf but opening.up in Ms full glory In the sacond half. This year was marked by som 8xceplional onodoff lapproK.£190k Including gift aidl. the conlinugtion of the fvjrfough sehBrng and other Gov8mff￿nI grants1£21kl and 3awngs causad by bckdown 1£31kl. These exceptknnal items converted a budg9ted defirAt in lh6 Gon•rg1 FLrnd into a surplus of £200k, an incredlb19 resuh given thg ItnanclAI stresses that mony are faciThJ. This has en8bLgd 8 transfw of £184k to be m8de from thè Gèn8rn1 Flmd lo the Missicffl ￿￿j Projg¢t Fund. Improvemènts to our church infrastructure 1£235kl ¢onUnued vAth the conwetlon ol the St Glles stone rc repair, lh8 ctsnmencement of the LED ljgfil and sound projects al St Géorges, the upjrade of ¢wr ramera 'streaming' faollly 81 Sl Georges and variou5 renOva￿On works al ovr church houses. Thks has been tharged agalnst the ProA8ci Fund. Total fvnds refi¢¢l a tte81thy £1,316k at tho Y￿-end {2020.' £1,341kl refiecting a smo11 overall 1085 of £25k In lh9 year. Tolal income {£1.059kl Is up from last year {£976kl. Charitsblè ￿t￿ttle3 ￿cl)Me has Incre88ed lo £114k 12020.. £85kl 88 the cknrch ond halls o￿Trad-￿p in tlw Summer. Totsl expandrture (£1,084kl 1$ slighdy dwn from last ye8r1£1.104kl. Ther• Is conllnued spending from the Prolecl Fund1£235kl Bs necessary wairs and improv8m•nts ar8 undertakon to our ¢hurth bulldlngs. This 16 likely lo reduce in the coming years. Olhowse, exercise of Ilghl fnarrAal ￿IntrOlS ts￿r voluntary sp•ndir and continuing ¥￿ne18$ have enabled our General Fund $p8r*th￿ to ts)mg kn con￿dera￿Y under budget Th& tatrAe below surrthar&g8 2021 incom8 and 0x￿nd￿ure In year acr036 ￿1 fund8 ojrrpared w41h 2020.. Incom• and ExpondliuT• Summary 2021 ￿.1￿} 2020 Totsl G•b)•rnl Oth•r Total In¢omo Donations Café and Bookst8N H811 Hire Parochial Fees Cowd Supp Olher Total Incorne 915 29 26 17 21 26 1,034 24 939 29 881 14 19 1S 17 21 27 25 976 Expendltur• Café and Bookstal Parfsh Sha Mlnlsty Personnel Oparattons Personnel World Ml$sion and other donalons Ministy Ovetheads Opar81ion$ Overhoads Proleds Total Expondltstro 23 267 202 159 66 17 11YJ 18 267 210 144 87 17 96 285 267 202 159 17 115 235 15 235 250 Surplusl(deficltl b•lore ¢r•n8fers Translers bets¥*en fuThJs Nèt Movom•nt In funds 200 {1841 16 12251 125) (1281 411 1251 1128) Tolal fvnds broughl forward Tot•1 tsnds earriAd ft¥rwwds 1,341 1,316 1.469 lJ41 ASHTEAD PAROCHIAL CHURCH COUNCIL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 General Fund1£527kl- £392k thereof Is tled up in parish houses. leaving £135k as avai18ble cash. Project Fund 1£551kl approxim8lely £137k has been dgsonated for the maintenance of buildings and outside areas Including the continuing repairs lo the Sl Giles roof and the conts"nuing improvemenls to the St George's Christian Cenlre. This leaves cash of £414k 8vai18ble forfuture use. General Reserves Fund (£121 kl - this is held in a longer-term higher interest rate account in accordan¢e wlh our Reserws Policy Ibelowl. Restricted FunLls1£117kl - these are restricted for a speafied purpose. and indeed certain specific dcnations are made lo these funds each year. Alongside strict annual budgets, the above designated of funds demonstrates the desire lo plan for fijture fir￿n￿81 events. Thi8 helps to ensure that fiJnds are spent for 5pe¢ifi¢ and essential purposes in line wlh our mission end lo protect the future of the chLtrch here in Ashtead. Investment policy and objecllves Where long-lem reserves can be idenlrfied with a degree of certainty, they wll be invested vthere possible in low risk ftjnds with hHJh quality counterpartiès and a certainty of relum. The Parish will where possible ensure that rt does not invest unethically. Reserves polky The PCC aims to maintain a General Reserves Fund in Un￿strICted fvnds al a level that equates to approximately months, salary costs and around ha￿ a month's other ongoing running costs. ReStriCt￿j Funds will be available to cover specific and appropn.ale expenditure subject to PCC 8pproval. Grant Making Pollcy The PCC makes grants to organizations whose activities conwr with the aims and objectives of the PCC. AII grants are agreed by ￿ Rector and the Wodd Mission team. The PCC aims lo give to Workl Mission of all giwng lo the General Fund, excluding legaries and Wore Grfl Ad, with eny underloverspend transferred lolfrom the Mission FLThI at the end of Ihe year. RL8k Managem•nt The PCC is aware that it is exposed to financial risks and seeks to minimlle these by estsblishing appropriate conlrojs. These indude the use of annual budgets and regular profil reforecasls together wth clearly defined aulhority levels and purchasing controls. The PCC continues lo implement child protection and health and safety poliue5 among other measures lo ensure ctsMpliar￿e with current legislation in other risk areas. ASHTEAD PAROCHIAL CHURCH COUNCIL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 PLANS FOR FUTURE PERIODS Al the time cl ¥wiling, UK Coronavlrus Infedions are almost at ￿¢0T(s levels. but tharo 1$ ccnfidence that VAcunes ar& kaèplng the severlly ol Ihg virus down. This is givlng us kncr88sed confid•neA thai this yèats plans may be¢oTfh8 reality and not scupper8d by anothèr pandemic ILxkdown. Hlgh on our hopes for 2022 is a near-normal Easter, including a Maundy Thursday Servlcg ￿th Supper aTrJ a ())o(l Friday Servic9 around the village pond, Laler In the year and further afield a pilgrfmag¥ to the rescheilules P88sDn Play In Ob&rammergau. Gomwny. AS lor th& bJildings themselves, we continue to rnDnitor 20+ year old gqulpmenl In Sl GeoryJe's Christian Centre ¢sped8lly focusing on acce88iblity and W￿¢¢M￿ Ihrwh our dc￿rS 8nd lift provision. The ￿ghting upgrade ￿11 bÈ COM￿81•d at Sl Georges and both h8118 will have thBlr flocwg reflnlSf￿￿. At St Glles. the quality ol Ihe proJecllon on the screEns wll be Improved and the vestry carpet repLgced. Going lo￿ard. we (￿ntinUe lo build on r8eA)nneding and servlng our comrnunty wSth Ihg trgnslorming love of J&su5. A mairx fi)rA+s will be participating in the Diocesan Parfsh Ngeds Process to enaL4e us lo prayerfully - reviewour minislry over the last 3 years. . discem and agree our now ministry oblecdv&s and - lows cfj Conneclirg. Gathering, Growing and Serving. Our new Churth Developmènt Han will Ih&n be presented to the congregath)ns 8nd p8rfsh ond b8 used to guide our min15ty and activity in th8 nexl &5years. STRUCTURE. GOVERNANCE AND MANAGEMEKr Gov•mlng docurnent A8 o Church tsf England church. the ministry of the parish thurch 15 led ond govemed in aco)rdance wilh the rul￿ and procedwes of the Church of England. Th& Incumb8nl leadB Ihe Th￿nistry of Ihg church s￿purt￿d by the Church W8rOens and lh8 Parochial Church Coun¢l. The Council 15 8 regisierod chaiity. number 1132244 gnd opératsB un¢J8r ihe PBmch181 Church Counci18 IPowersl m¢aW￿ 1956. Candidatss for the Council. who are on the electgral roll. rK>minatgd by proF¥)ser and se¢onder. They are appoint¢d. or electod by maiorfly vote. at Ihe Annual P8ri8h Church IA8&tlng for a term of thrè8 yevn before staThJiNJ for re￿￿10￿ if they wish to ￿ntinUe. Th& PCC uwally meets 7 times durkng the year and is chaired by the Rec￿r. There are e PCC ¢))mmittees and ministy groups wlKTr have Tesponslblty for drfferent aroas of 8diwty.' Standlng, Finance, Hvrnan Resources, F8brfc. Churchyard, T￿hniCal. Worfd Mlsston and H88th & Safety. They provid8 ￿￿OrIS and r8comm•ndatiorb8 to PCC for 8pproval aNI de¢l$ions. The key personn81 indude the Rector ond sllpendiary dergy. Parish Manager. Veryar 8nd the leadors ol: Children & F9mllles Ministry, Youlh Minlsty, Pastoral Caro and FinarFce. Thi5 group provxd8s the day to 118y oversvJht of the church and Its act￿￿•S. The rnlnlstry ol flve LLM'S, retired dergy, one non-5tI￿ndbry minister and len authorized Pastoral AssiBtants, as wdl As many other vcdunl8ers Is gre8ltv apweoated. The tsvo churches bdong to the L*alherhead Deanpry wrthln the Dlocese of Gulldford. Church of England. As tho largast parish in Ihe D￿n￿ry thare is good co0￿[31￿)n th8 oth•r chwthg5 and lh8 PCC v Asht&ad a5 a resryjrclng and growing parish. ASHTEAD PAROCHIAL CHURCH COUNCIL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 REFERENCE AND ADMINISTRATIVE DETAILS Reg15terod Charlty number 1132244 Prlnclpal adflress Sl George's Christian Cgntre Barnett Wood Lane Ashle8d Surrey i(r21 2DA Trusteos Members of PaT￿hla1 Chur Cleryy Rector.. Rev Richard Jones (Charl Rev Nico Hilding Ohlsson Churchwardon8 Kim Darby Anty Carter OfflGers John Cooper {Hon. Secretary) IA180 rwe8entstive of LLMS) David knK)Id (Hon. T￿aSurer) Membèrs Nigel Arch Stephen Barnes {resigned November 2021) s￿ Cook lappx)inted May 20211 Susan Dusmohamed Alexa Elslub Craig Hoines Helen Jones Irelired May 20211 z Marfow Barrie Mould Liz Newhouse Rupert Rea Tony Wnrtehead Ex-officio.. Members of Deongry and Di(te8an Synod Alison Anderson Dawn Brewer Robert Ken(6all Anne Mirton-worssell David Rene•V I Oliver Thomton Becky Wood (resigned March 20211 Malcolm Leighton Richard Millon-worssell ASHTEAD PAROCHIAL CHURCH COUNCIL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 310ECEMBER 2021 Bankws Bank of Scolland, PO Box 1000. 8x2 1LB Audllor8 GBJ LLP Statui¢ry Aud6 sterflng House 27 Hatchjands Road Redhlll Surrey RH18RW STATEMENT OF TRUSTEE8' RESPONSIBILrfiES Th8 trustees aro r¢$ponsltAe for preparlng the Report of the Truste88 8nd the finanLyg1 statements In accordance with applicable law United Kingdom A¢countiThJ Standards (Uniied ￿ngdoM Gen8raly Accepted Accountlng Pract￿8) includin9 Flnanc481 Reportlng Stsndard 102 Yhe Flnanclal Reporlr¥J Standard appllcable in the UK and RepuP￿¢ of Irdan The18w applicable lo charitlès in England and Walès, the Charftles Act 2011, ChBrfty (Account5 8nd Reputsl Regdalons 2006 and the provisions of the trust d8ed requires Iho IiLtslees lo prepare financial statemènts for each finanoal yoar which give a truo and laSr vlew of the state of 8ff8if8 of the charity and of the Incoming reJDurces and AppIIc8tion of resourcos, Including the Income and eX￿n￿'ture, ol lh8 cherlty fry thal period. In prgparing those finandal 5tatoments. the trust888 ar• required to s&19cI surtable a¢countlng p)ficles and then apply them eon8i$tenly: observe lh8 methods and princi￿65 in the Charity SORP., make judgeFnents and estimates that are reasonabl0 8nd prudenl., stat8 whtrther ap￿ICable a¢counling stan¢J8rds have been folh)wed, subject to material dgparlur8s disdosed and explained in thè financial 8talem8nts,' prepare the financlal statements on th8 golwJ ￿nCarn b9$18 It ig in8Fvrowlat¢ to presume that the charity VAM continue in business. Thè tru5tses are responsible for keepiThJ propgr accoUn￿n9 rowds whtth dischjse r•a$on8ble acc￿￿cY 81 any tlm• Ihè financial posltlon of the charlty and to enable Ihtrm lo ensure that the financlal stAtam8nts comply with the charl1￿$ Act 207 1, 1he Charfly (Accounts and Report51 Regul8tions 2008 and the provisi of the trust doed. They are also ￿S[minsible for saleguarding the assets ol lh& thwity and hence for tsking sonabla stgps lor the prevgnuon 8nd detecuon of fraud and other IrreguL8rfUes. Appioved by ordèr ollhe toard oftrustees on......... . . ... .. 21.lYl.2oL? . and signgd on Its behalf by". REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF ASHTEAD PAROCHIAL CHURCH COUNCIL Oplnlon We have audited the finaneièl statements of Ashlead Parochial Chwth Council (the 'charityJ for the year ended 31 December 2021 vthich comprise the Statement of Financial Activities, the Balance Sheet. the Cash Flow Stslement and notes to the financial slalemenls, including a summary of significant ac￿untIng ￿lICIes. The financkgl repothng framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Gènerally Accepted Accountin9 Practice), including Financial Reporb'ng Standard 102 'The Financial Reporting SlarKlard applicabIe in the UK and Republic of Ireland,. In ¢xrr opirmon the finanoal statements.. gwe a true and fair view of the slate of the charity's affairs as at 31 Decemkr 2021 and of ils incoming resources and application of resouree5, for the year then erKled," have been properfy prepared in accordance wth United Kingdom Generalty Accepted AccountiNJ Practice, including Financial Reporting St8ndard 102 'The Financial Reporting Stsndard appliCa￿e in the UK and Republic of I￿land., and have been prepared in acc￿dan￿ with the requiremen15 of the Charities Act 2011. Basls for opSnlon conducted our audit in accordance wth Inlemational SlarKlards on Auditing {UK} IISAS lu￿> and applicable law. Our responsibilities under those standards are further described in the Auditors. responsibilitiès for the audit of the financial stslements sectTon of our report. We are independent of the charity in accordance with the ethical ￿qUIrementS that are relev8nl lo our audit of the financkal stslements in the UK, indlxling thè FRC'S Ethical Standard, and we have fvlfilled our other ethical responsibilth"e$ in accordance with these iequiremenls. We believe that the audit evidence we have obtsined is suffioenl arbd appropriate to provide a basis for our O￿niOn. Con¢lu$lons relatlng to golng Concern In auditing the finanaal statements. we have concluded that the Iruslees. use of the goirrfJ concem basis of accounting in the preparation of the financial stslements is appropriate. Based on the work we have performed, we have not idenbfied any malerkql uneertainties relatiro to events or conditions that, indwidualty or wllectively. may cast Si9nfficant doubl on the charity's ablty to continue as a gtsing coneem for a peri(xl of at least fv￿1ve months from when the finanoal stslemenls are aulh¢ris811 for i8sue. Our respon&bilitie5 and the responsibilities of the trustees with respect to going concem are described In the rèlevant sections of this report. Other Infomiatlon The Iruslees afe responsible for the other infomialion. The other infomiakn.on comprises the infomalion induded in th& Annual Report, oth8r than the finanaal $t*menls and our Report of the lThSeperKlent A￿ditOrS Ihereon. Our opinion on the financial ststements (Ices not cover th& other information aTr#. except to the extsnt otherwise expliciyy slated in our report, wo do not express any form of assurance conclugon Ihereon. In connectlon with our audit of the finanaal statements, our responsibility is lo read the other infom18tion and, In t*>ing 80. consider whether the other infomialion is materially incnnsislent with the financial statements or our kn￿edge obtained in the audit or otherwse apFears lo be malerially misstated. If we id8nlify such material inconsistencies or apparent material misslalemenls, we are required to determinè whether this gives rise to a material misstatement in the finanual statements themselves. If, based on the VKJrk we have perfomed. we conclude that there 15 a material misstslement of this other infomiation, we are required to report that fact. We have nothing lo (eport in this regard. REPORT OF THE INDEPE14DEKf AUDITORS TO THE TRUSTEES OF ASHTEAD PAROCHIAL CHURCH COUNCIL Matters on whlch we are requlred to roport by exception We have nothing to repcM1 in respect of Ihe following matters where the Charits'es IA¢counts and ftB￿￿rtsI Regulallons 2008 rfjquires us to report to you il. In oijr opinion: the information givèn in the Report of the Truslees Is incon5isienl In any material respact vKth the financral Statements,. or surnc￿nt accounting records have nol been kept,. or thg financlal $tatèm8nts are not In agreement the accounting rocords and Tetums.. or we have not r￿1ved all the inlomiation and oxplanadons we wubre for wroudit. Re¥pon8lbilltl?s of tru8t•gS A8 exF4alned more frjlly in thè Statsmenl ol Truste8s' R8$ponslbllltlgs. the trustees are responsit4e k)r th• preparatiC￿ Lrf the ffinancrdl stalements whlch glve a tfue and fair vi8w, and Iw such Inteffl￿ ccffitrol as the trustees determine is necessary to enable the kveparation of financ4BI stalements that are 114e from material mlsstaternent. whether due lo fraud or ettor. In preparing th8 flnanclal Statements. the trugteè$ are responsible for a$8¢￿￿n9 the chgrfjtl8 abllty to continue as a g¢ing concern, d16cknslng. as applicable. mattèrs related lo going ¢oncom and using the 9)Ing Conc8￿ basis of accounting unless the IAJ8lees ellhei inlend to liquidate the chartty Of to cease Qp$fal￿nS. c< hav& no ￿811st•C attern8trve but to do so. Our mponslbilttl•s fortho audlt of th• financjal •taiernent8 We have be8n appointed as auditors ￿￿eT S•ction 144 of thè ChaTtties Act 2011 and reF*Kt in aw￿rd￿n wijh the Acl and rdeyanl regulations made or ha￿n9 dfect Ih6rèunder. Our ot4eclive8 are to thlain reasonatle assuranca 8boul whather Ihg finarKAal siat8Thnts as a vthrje are Iree from mat8rial rnlsstatement. whether duè io fraud or error, and lo Issue a Report of the Indep8nd$nl Audltors that Indud88 our opinlon. Réas￿able assurance Is a high level of aSsurar￿, bLrt k% not a guarAnta& Ihal an audit conducted On accordancs ￿￿th ISAS IUKI will 8lways dètect a matersal misstalemenl wh8n il 6XlSts. Mlsstalements ran 8ri$è from Ir8ud or error and are considered material il, indivldually or in the wdgregate, Ihey could rèasonabty be expect¢d lo Inf￿enCe thg economic declsions of users taken on tho basis ol thgs¥ financial statamenl8. The trxtenl lo vthich our procedur9$ aro capat48 of dete¢tlng Irr8gubrilies, I￿lUdIng fraud 15 detailed bdow.. we idenlified the laws and regulations appllcable lo the company through discuss￿nS wmh directors from our knChvIed￿ 8nd gxperienc8 01 th& charity 5gGlor, - %V8 focused on sp8cfft laws and regulations whlch we considerad may ha￿ a direct mat8rfal 8ffect on Iho fingncial slaiom*nts or Ihe operÈtK)ns (trf the o)mp8ny. Induding th& Companies kn12C¥J6, laxation ￿gISL￿￿'( aTrJ data protèctlon. enll-bribery, amtloymonl and health Jnd safety19￿5[at￿n', AddllK)nally, we gssessed Ihe 8usc&pllI￿1itY of the cvmpanls fln8ncial sl£tem8nts to materfal ml8Statemen( dudlng obtaknln9 and uThgerstsnding how fraud mlghl occur by.. making enquires of rn8n8gement as lo wherè they consldèred there wgs SU8C8Ptlbllty to fraud. thetr kno￿*&ge of actual, suspected and allegod froud,, and nsidarfng Ihe intemal controLg In p48C8 to mbtsgate ri8k8 of fraud and non•complianc¢ 7Mth laws 8Tr r8gulations A further descrSption ol ovr re8pon$iblithe$ for the audit of the financ￿1 $18tsmenls 15 locatsd on tho FIn￿￿k91 R8POrtlry thncifs website 8t Mw.froorg.uklauditorsresk¥)nsiblllts$. descrfptlon foTrns part of wr ReFOrt of th9 Independent Audltofs. REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF ASHTEAD PAROCHIAL CHURCH COUNCIL U8? of our report This report is made solety lo the charity's trustees. as a body, in accordance wlh Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might slate lo the charity's trustees those matters we are required lo stale lo them in an auditors. report and for no other purpose. To the fullest extent p￿Mitted by law. we do not accept or assume respongbility to anyone other than the charity and the c*anty's trustees as a toty, for cw audit worl for this rerort, or for the O￿nI1)nS V+E have formed. G8Jfin8na81 Limited Sterling House 27 Hatd)lands Rc Redhill Surrey RH16RW -.17. dfA..AoiL..... -10- A8HTEAD PAROCHIAL CHURCH COUNCIL STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 31 OECEMBER 2021 2021 Total funds 2020 Tat•l funds Unrestrlctsd R••¢dcted Endowm•nt funds funds fund Notos INCOME AND ENIX)WMENTS FROM Donations andlogacios 924,934 14,127 939,001 881.401 Charltable activttl Ch8rft8ble #¢aivity 114,073 114073 85,376 Inveslm8lll In¢0 Olher Income 2,263 {000 2.263 9.304 Total 1.045,270 14.127 1.059J97 976.081 EXPENDMJRE ON Choritsble •rtlvltl•i CharltAb18 1,068,102 16.103 1,0843115 1,104,102 NET INCOMEI(EXPENDITUR {22,832) {1.9711 124.8081 1128,021) Transl•r8 bet￿On funds 15 114.3691 14,369 N•t rntwem•nt In funds 137.2011 12.393 124008} 1128.0211 RECONCILIATION OF FUNDS Total fvndi brought forward 1,235,154 105,056 1.340210 1.468,231 TOTAL FUMOS CARRIED FORWARD 1.197.953 117,449 1.315.402 1.340,210 CONTINUING OPERATIONS All In￿rne and expe￿￿[(￿r8 h88 arben from conffnulr¥J 8CtfvMI8$. Thè not•s forrn part ollhese finanoal 8talemonts ASHTEAD PAROCHIAL CHURCH COUNCIL BALANCE SHEET 31 DECEMBER 2021 2021 Total funds 2020 Tolal lunds Unrestrlcted funds Restrict•d Endowment funds fund Notss FIXED ASSETS Tangible assets 11 391239 392,239 392,239 CURRENT ASs￿s Stocks Debtors Cash al bank and in hand 12 13 766 103.458 742.228 765 106,015 857.561 765 34,954 966,966 2,567 115.333 846A51 117,890 964.341 1.002,685 CREDITORS Amounts f811iThJ due wthin one year 14 140.7371 14411 141,1781 {54.7141 NET CURRENT ASSETS 805.714 117,449 923,163 947,971 TOTAL ASSEfs LESS CURRENT UABIUTIES 1,197,953 117,449 1,315,402 1,340.210 NEf ASSETS 1.197,953 117.449 1,315,402 1,340.210 The notes form part of these financial stslemen18 -12- conkn"nued... ASHTEAD PAROCHIAL CHURCH COUNCIL BALANCE SHÉÈf- ￿ntInU•d 31 DECEMBER 2021 FUNDS Unre$td¢t¢d lunds: Ge￿ra1 tund General Res8rv68 Project fund IS S2S,77(1 120.695 5SOA88 510.888 120,358 603,908 1,197,953 1235.154 R•8lrf¢led funds.. Churchy8rd BBlls fund Organ fund Ml&8lon PAstornl fund 80,217 21,700 1,521 18,640 4.978 21.700 1.571 31J16 117.449 105.056 TOTAL FU14DS 1,3IJ,402 1,340.210 Th& finan Stst￿nènts were approved by th? Board of Trustoes and aulhortse(I lor Kg8ue c . and wore s￿ne￿ on tts b8h8lf by.. ruslae Th9 nolgs form part ol lh￿ financlai stat8m8nts -1& ASHTEAD PAROCHIAL CHURCH COUNCIL CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2021 2021 2020 Cash flo*y from owratlng actlvitie5 Cash generated from operations 1111,6681 1109.5811 Net cash used in Opern￿n9 activities 1111.668} 1109,5efj) Cash flows from Inv6stlng a¢tIvIt￿$ Interest received 2,263 9,304 Nel cash provided by investing activities 9,304 Change In cash and caBh equlvalents In the reporting perlod Cash and cash equivalents at thg bgglnnlng of th8 reportlng period 1109A05) 1100,277) 966.966 1,067,243 Cash and cash •quSval•nts atthe end of the reportlng perf( 867.561 966.966 The rths form part ofthe3e financaal statements -14- AswfEAD PAROCHIAL CHURCH COUNCIL NQTE8 TO THE CASH FLOW sfATEMENT FOR THE YEAR ENOED 31 DECEMBER 2021 RECONCIUATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACThllnES 2021 2020 Net •xp•nditsbrg forth• r•portlng p•rfod1•s p•r th• Stst•m•nt oIFln•nci•l Acllvltt••l Adlustments for: Interest recefveif Ilncrea$eydec¥ease h clebtors {Decrea$eYintye8$0 in Creditors (24,8001 1128.021) 12,2631 171,061) 113,536) 19.3041 4.009 23,735 N•t ca•h u••d in op•ratlorf4 (111.6681 1109,5811 ANALYS15 OF CHANGES IN NET FUNDS C••h flow At 31.12.21 1401 cash Cash at bank and in hand 980.966 (109A051 857,561 9fj0.960 1109AOS) 857.561 Tot•1 066,966 (109AOS1 857.561 Thè notès fomi part of these ffinan¢ial Btalem8nts -1& ASHTEAD PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMEPUS FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POLICIES Basls of preparlng th• Ilnanclal statements The financial statements of the charity, which is a public benefit entty under FRS 102. have been prepared in accordance with the Charities SORP IFRS 1021 'Account(ng and Reporting by Charities.. Slalemenl of Recommended Practice applicable to ch8riti.es preparing their accounts in accordance ilh the Financi81 Reporting Standard applieable in the UK and Republic of Ireland {FRS 1021 leffeclive 1 January 20191,, Financial Reporting Standard 102 The Financial ReportirrtJ Standard appllcable in the UK and Republic of Ireland, and the Charf(ies Act 2011. The finanaal statements have been prepared under the historical cost convention. Income l income is recognised in the Slaternent of Financial Actwilies orth the tharity has enlillernent to the funds. il is prOba￿e that the income will te recewed and the amount can be mgasured reliably. Expenditure Liabilit￿$ are recognised as expendrture as soon as I￿re is a legal or conslruch.ve obligalic committi'NJ the charity to that exrenclrture, il is probable that a transfer of e￿noMiC benefits will be required in settlement and the amount ol the obligation can be measured reliably. Expendrture 18 aett)unled for on an accruals basis and has been classified under headings that aggregate all ￿st related to the category. ￿ere costs ￿n01 be directly attributed to particular headirus they have been ellocated to activiti'es on a basts consistent wlh the use of resources. Grants offered subject lo mnditions which have not been met at the year end dale are noted as a commf(ment bul not accrued 8$ expenditure. Allocatlon and apportlonment of costs Costs are allocated to the relevant fun¢J dependtng on the type of expeNlilure. If costs are attributable to mre than one fvnd, a reasonable apporticyrnent 1$ made. Tanglble flxgd assets Conse¢raed land and buildings and m¢)veable chur¢h fumishings Consecrated land and t*neficed propety is excluded from the actsjunts by section 10(21 of the Charities Act 2011. No value is placed on moveable church fufnishings held by the Churchwardens on special trust for the PCC and which require tt faculty for disposal since the PCC considers this lo be inalienable proFety. Al expenditure incuffed durlng the year on conse(Tated or benefice buildings armj movealje church furnishings, whether Maintenan￿ or improvement, is witten off as expenditure in the statement of financial aclivilies. Freehold woperties Freehokj propertles are induded at C4)81. No depreciation is provKled since the values induded are consKlered lo be lower than the realrzable values of the properties. Other tsngible fixed assets Fixtures. fumilure and equipment are held al cost and depreuated on a slraighl ling basis over thgir useful lives. Fixtures and furniiure are depreciated over 10 yeats. Equipment used within the churth prwnises is depreciated over 4 years. Individual items of equipment wlh a purchase price of £5,000 or less are written off in the period in whleh the asset is acquired. Stocks Stc¢ks are valugd al the lower of cost and nel realisable value, after making due allowance for obsolete and slow moving items. -16- nlinL￿d... ASHTEAD PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS - contlnu•d FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POUCIES. contlnu•d Taxatlon The ch8Aty 1$ exempl from tax on fts thaiitabh acllvW&& F￿nd accountlng Unre6lricbJ fund6 can be used in accordance with the charitable obje¢tNes at the dlxrelion of the trust88s. Reslrfcted funds cèn only be u88d for particular restrided purposes within thé objects of tho charity, ReStriCt￿nS atlst when speafied by the donor or when funds are ralsed for p8rtirJJlar Teslrf¢Xod purKThes. Further explanation of the n•lure and wrpose of each fur￿ 15 included In th8 notes to the financlal $tslements. P•nslon costs and other poBt-retlrem•nt beneflts The charty opgr8te$ 8 defined conmbulion penslon scheme. Contributions payable to the chgrftys Penslon 6ch8m• are charged to the Statèrnent of Financial Adiwb'e5 in the perlc#J lo which Ih8y rdate. DONATIONS AND LEGACIES 2021 2020 Planned glft aid don8tions Incomg lax recover0￿• Oiher PL9nn￿ giviNJ Church colledons Other donÈtti 474,649 169.297 70.727 5,362 119,018 481240 135,099 71.558 4.524 188.980 939.061 881A01 INVESTMENT INCOME 2020 DoF*)sit account Intgrest 2.263 9.304 -17- conoftuèd... ASHTEAD PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 310ECEMBER 2021 INCOME FROM CHARITABLE ACTIVITIE8 2021 2020 Actlvity Charitabk activity charr(ab￿ actsvity Charitable actsvity Charitable activity Charilable activity Cardstall Café Church hall rent81s 692 27,959 51.202 17.226 16.994 755 13,200 30,854 15,152 25,415 JRS and other Income 114.073 85.376 Churd) hall rents1$ includes letting of Lorraine Gardens regdential property. CHARITABLE ACTMTIES COSTS Grant fundlng of actlvities Isee note 6) Support costs (see note 71 Dlrè¢t Costs Totals charitab￿ actiwty 1.013,218 66.391 4,596 1,084.205 GRANTS PAYABLE Grant Maklng 2021 2020 Christian CMS csw YAWOSUP Interserve (H & M Francis) Inlerserve (H & J Lee) Through the Reof Happy Child Inlemation81 Mother5 Union Ovgrseas Karen Bord8r Ministries Zion HaThesl Mission Development Ah Mission society Religious freedom Kenya- Wdows & orF4ian8 Mission society Mission society Disabled ministy Children in Brazil Social concem Mission in Thailand Mission in Kenya 3.CQO 3.CK)O 3,333 1,000 6.000 1.125 5,000 6,000 6,000 1,545 6,000 1,500 6,000 5,000 e.000 6,000 1.545 6.000 l)v¢rs94s aDd Cross Cultural M155lon Partner8 and Agencies subtotal 36.045 39,003 ALDAG lemalives Trust Beme Proje Besom Evangelical Alllanee Leatherhead Start Musi¢ in Ministry Twst Send Pnson Learning dfficulties Mission ID families Mèntal wellbeing for leenages Care for the cc>mmunity Servio ofthe church Care fDr homeless Prison ministry Prison ministry 2.596 4.000 4,000 4.000 750 3.000 6,000 1,000 2,596 4,000 3,664 750 2.￿0 6,000 1.000 UK Ml88lon Partnets and Mission Agencles Subtotal 25,346 20.070 Total World Mlsslon 60,391 69,073 -18- conts'nued... ABHTEAD PAROCHIAL CHURCH COUNCIL NOTE8 TO THE HNANCIAL STATEMENTS • COntlnu•d FOR THE YEAR ENDED 31 DECEII8ER 2021 Other donatS0n: caro&￿ Taylor Tha A Rochu Trust Missth In Braxl t)onatKJn lor ¢co ¢huTch assessmènt CommunKy Support Educalbn 100 Le8lh&thegd Communty Hub st Giles School 1.000 5.OC(I Subtotal grants from th• G•n•ral Fund 66.391 673 IAS••bon Fund". Karen 8oTdei Mlnlslrfes AltematNes Trust Mlsslon Sn Thalland M13sion to Families 1,5&) 1,000 Churchyard Fund: Oakloaf Enterprise Mantal he8Fth ch8rfty 2￿ 100 Subtot?I grnnis froffl reBtrlct•d funds 200 2,600 Total grani8 mad• 86,591 67.273 The lot* granis paid to ind￿lIU81S durfng tha year were £Nil12020.' £5Crt)l and the totsl granls p•TrJ to In51itulK)ns were £66,597 (2020.. £86,773). SUPPORT COSTS Gov•rnan¢g Charitable actNity 4.598 AUDITORS. REMUNERATIOM 2021 2Q20 Fogs payobla to thg ¢harlly¥ autllors for the audbt of Ihe chartt ffinancial ststemenis 4,590 4.476 TRUSTEES. REMUNERATION AND BENEFITS Staff costs Includ• the followlng Mmun•ratlon to Tru8ts•8 land persons ¢onn•¢t¢d wth th•m Salary and Nl 24.763 P•n•lon 498 Tot•1 2021 25,261 Total 2020 5.682 Robèrt K&ndari Totsl 24,763 26,261 27,923 No oiher $alari¥$ hgvg been p8id lo any other Trustee. persons cbgoly connected to them or related paities. e￿¥pl for expenses 5ummarised bdow. -1 eonllnued... ASHTEAD PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS - contlnuèd FOR THE YEAR ENDED 31 DECEMBER 2021 TRUSTEES. REMUNERATION AND BENEFITS - c¢)ntlnued Trustees. expenses 2021 2020 Number of trustees land person8 closely connected to them or related parties) who were paid expenses Books and Subscriptions. travel and hospltsllty Books and subscriptions, travel and hospitality Nature of the expon8e8 Richard Jones Niw Ohlsson 479 279 479 325 Totsl 758 10. STAFF COSTS 2021 2020 Wages and salaries Social Security costs Other pension costs 328.314 15,377 9,862 325,479 15,513 9,806 353.543 350.798 The average m¢)nlhly number ofempwes during the yearwas as follows.. 2021 16 2020 16 No employees received emoluments in excess of £60,C(10. 11. TANGIBLE FIXED ASSErs Freehold property COST At 1 January 2021 and 31 Oecember 2021 392.239 NET 800KVALUE Al 31 December 2021 392.239 At 31 Dgcember 2020 392,239 -20- continued... ASHTEAD PAR¢XHIAL CHURCH COUNCIL NOTE? TO THE FINANCIAL STATEMENTS • Gontlnu FOR THE YEAR EMDED 31 DECEMBER 2021 11 STOCKS 2021 2030 Flnish8(I goods 765 765 13. DEBTORS.. AMOUNTS FALUNG DUE WIThIN ONE YEAR 2021 2020 Olher d8blors Prepayments and aCLYU8d IneKJmè 17.017 08.998 13.579 38A33 106.015 14 CREDrroRS.' AMOUNTS FALUNG DUE VIITHIN ONE YEAR 2021 2020 Olher credliors Accruals end deferred income 31.512 ,666 38.548 16.186 41,178 54,714 15. MOVEMENT IM FUNDS Net Trnngfer• mo¥•m•nt betwegn in funds nd• At 31.1121 At1.1.21 Unrestrlct•d fund• Gèneral fund General RegefV68 Pr(4eci fund 510.888 120,358 603,gOB 200251 337 (223A201 1184,3691 S26,770 120,695 551)M88 170,000 1235.154 {22.8321 R•strlct•d fund• Churchyard Balk fund Organ fund Mission Pa8tor81 fijnd 114.369) 1,197.953 60,217 21.70 (1.9081 58,309 21,700 18,640 4.978 307 14251 14.369 31,31fj 4553 105.056 11,9761 14.369 117.449 TOTAL FUNDS 1.340.210 124,8081 1.31&402 -21- ¢onlnu?d... ASHTEAD PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2021 15. MOVEMENT IN FUNDS- contlnued Net movement in lunds, induded in the above are as fc41ows'. Incomlng Resources re$ourc8s expended ovoment In funds Unmtrlct8d funds General fund General Reser Project fund 1,033.658 337 11.275 1833,4071 200,251 337 1223.4201 {234695 1.045,270 11,068,102) {22.832) Restrfcted funds Churchyard Organ fund Mission Pastoral fund 13.250 50 307 520 115,1681 11,9081 50 307 14261 {9451 14,127 {16,1031 11.9761 TOTAL FUNDS 1,059.397 11,084,205) 124,8081 Comparatlvos for mo¥•ment In funds Net Transf8rs movgmenl between In funds funds Al 31.12.20 At1.1.20 Unrestricted funds General fund General Reserves Prciect fund 417,837 118,26B 759,989 22.558 2,090 1156.081? 70,493 510,888 120,358 603,908 1,296,094 1131,4331 70,493 1.235,154 Restrlcted funds Churchyard Bells fund Organ fund Mission Pastoral fund Chorallorganist 55.227 21.643 1.517 16.382 5,883 71,485 4.990 57 60,217 21,700 1,521 16,640 4,978 {2,0661 19051 1.332 2.324 172.817) 172.137 3,412 170.493) 105,056 TOTAL FUNDS 1,468.231 1128,021) 1.340,210 -22- continued... ASHTEAD PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS- contlnuèd FOR THE YEAR ENDED 310ECEMBER 2021 1& MOVEMENT IN FUNDS- contlnued Cornporallve net mov8m8nt In funds, Included above #s fc41ow8: Incornlng R•4ourc•s Movemont ourc** expgndod In funds Unrnstrlct•d fund• General fuwKI General R•seTre$ Project lund 830.067 2.Q90 128.116 1807,509 22,558 2,090 (156,0811 284,1991 960.275 11,091,708> 1131.4331 R￿trtCted fund• Churchy8ry1 BèlL% lund Organ fund ission Pastoral fvnd ChoT8110rgani8t 10,083 57 15.093} 4.990 57 434 3,896 1,332 12,51X)I 14,8011 12.0661 {9051 1,332 15,806 112,3941 3,412 TOTAL FUNDS 976,081 11,104,102} 1128.0211 A current year 12 months and prky year 12 months COMbkn￿ po$lll)n Ls as fc4lows.' Not Transfers Al 31.1121 At 1.120 In fvnds fund$ Unrnstrlcted fund8 General fun General RaséN8S Prded fund 417.837 118.268 759.989 222,809 2,42T 1379,5011 (113,876) 526.770 120.695 550.488 170,000 1296.094 1154.2651 56,124 1,197,953 Ro*trlcted funds Churchyard Betls fund Organ fund Misson Pastoral I￿￿1 Chorallorganlst 55.227 21.643 1.517 16.382 6.883 71.485 3,082 58,309 21,7(K) 1,571 31,316 {1.759} (1.3301 1,332 16,693 172,81T) 172.137 1,436 156.124) 117.449 TOTAL FUNDS 1,468.231 1152.8291 1,315,402 continued... ASHTEAD PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2021 15. MOVEMENT IN FUNDS - contlnued A current year 12 months and Prior year 12 rr￿nthS ¢ombined nel movement in fvnds. included In the above are as folbws.. Incomlng Resources Movement resources expended In funds Unrestrlcted funds General fijnd General ReseNe8 Project fund 1,863,725 2,427 139.393 (1,640,916) 222.809 2,427 1379,501) 1518,894} 2,005.545 12.159,8101 1154,265) Rg8trlct8d funds Churchyard B9115 fvnd Organ fund Mlssion P8sloral fund horavorganist 23.333 57 120,2511 3,082 57 741 4,416 1.332 {2,5001 15,7461 {1,7591 (1,3301 1,332 29,933 {28,4971 1,436 TOTAL FUNDS 2,035.478 P.188,307) 1152.829) 16. RELATED PARTY DISCLOSURES DurirvJ the ygor. o total of £35.322 12020.. £2,200) was paid to YPS Events, a company conlrc41ed by Robert Kendall Ilruslee}. -2