| CONTENTS | |||
|---|---|---|---|
| Page | |||
| Annual report |
1-8 | ||
| Statement offinancial | activities | ||
| Balance sheet | 10 | ||
| Notes to the accounts | 11-19 | ||
| Report ofthe independent | examiner | 20 |
| NOTES | 2021 | 2021 | 2021 | 2021 | 2020 | |||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Totals | Totals | ||||
| Funds | Funds | Funds | Restated | |||||
| INCOMING RESOURCES | f | f | f | f | f | |||
| Voluntary income |
2a | 98,004 | 13,245 | 111,249 | 128,752 | |||
| Activities for generating funds |
2b | 2,723 | 2,723 | 1,386 | ||||
| Income from investments | 2c | 2,503 | 6,715 | 9,218 | 7,527 | |||
| Church activities | 2d | 14,846 | 14,846 | 12,311 | ||||
| Other Incoming resources | 2e | 15,556 | 15,556 | 10,257 | ||||
| Total Incoming resources |
133,632 | 19,960 | 0 | 163,692 | 160,233 | |||
| RESOURCES EXPENDED | ||||||||
| Raising funds | 3a | 309 | 309 | 736 | ||||
| Church activities | 3b | 174,540 | (418) | 174,122 | 171,858 | |||
| Total resources expended | 174,849 | (418) | 0 | 174,431 | 172,694 | |||
| NET INCOMING/ (OUTGOING) RESOURCES |
(41,217) | 20,378 | 0 | (20,839) | (12,361) | |||
| BEFORETRANSFERS | ||||||||
| GROSS TRANSFERS BETWEEN | FUNDS | 35,259 | (35,259) | |||||
| NET INCOMING/ (OUTGOING) RESOURCES |
(5,958) | (14,881) | 0 | (20,839) | (12,361) | |||
| BEFORE OTHER RECOGNISED | GAINS/(LOSSES) | |||||||
| Gains/(losses) on revaluation |
of fixed assets | 7 | 32,004 | 23,061 | 17,438 | 72,503 | 73,240 | |
| Gains/(losses) on disposal of |
fixed assets | 0 | 0 | 0 | ||||
| NET MOVEMENT IN FUNDS |
26,046 | 8,180 | 17,438 | 51,664 | 60,879 | |||
| Fund balances brought forward |
at 1 January | 2021 | 279,860 | 187,101 | 129,751 | 596,712 | 535,833 | |
| Fund balances carried forward at 31 December 2021 | 305,906 | 195,281 | 147,189 | 648,376 | 596,712 |
| NOTES | 2021 | 2020 | |
|---|---|---|---|
| FIXEDASSETS | E | f | |
| Investments | 591,851 | 519,348 | |
| Total fixed assets | 591,851 | 519,348 | |
| CURRENT ASSETS | |||
| Debtors | 13I321 | 2,114 | |
| Short term deposits Cash |
40,228 7,759 |
69,747 17,995 |
|
| 61,308 | 89,856 | ||
| CURRENT LIABILITIES | |||
| Creditors falling due In &1year |
10 | (4,783) | (12,492) |
| NET CURRENT ASSETS | 56,525 | 77,364 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 648,376 | 596,712 | |
| NET ASSETS | 648,376 | 596,712 | |
| FUNDS | |||
| Endowment funds |
11 | 147,189 | 129,751 |
| Restricted funds |
11 | 195,281 | 187,101 |
| Unrestricted funds |
11 | 305,906 | 279,860 |
| 648,376 | 596,712 |
| TOTAL | TOTAL | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | FUNDS | FUNDS | ||||
| Funds | Funds | Funds | 2021 | 2020 | ||||
| f | f. | f | ||||||
| a | Voiuntotp income | |||||||
| Planned giving |
57,903 | 57,903 | 60,550 | |||||
| Unplanned giving |
10,597 | 10,597 | 12,140 | |||||
| Collections at all other services | 1,430 | 1,430 | 2,106 | |||||
| Special appeals income | 1,250 | 1,250 | 12,696 | |||||
| Income tax recoverable | 25,824 | 25,824 | I | 1,142 | ||||
| Grants | 13,245 | 13445 | 30,118 | |||||
| Legacies | 1,000 | 1,000 | ||||||
| 98,004 | 13,245 | 111,249 | 128,752 | |||||
| vlc(ivi(ies for generoling fimds | ||||||||
| Fetes, bazaars and | other fund- | |||||||
| raising events | 2 723 | 2&723 | 1,386 | |||||
| 2 723 | 2 723 | 1,386 | ||||||
| c | inves(menl income |
|||||||
| Dividends and interest |
2,503 | 6,715 | 9v218 | 7,527 | ||||
| 2,503 | 6,715 | 9,218 | 7,527 | |||||
| d | Income ft'ont Church tictivit(es | |||||||
| Hire ofEmmanuel | Centre | 2,315 | 2,315 | 1,409 | ||||
| Hire ofchurch buildings | 20 | 20 | ||||||
| Fees fi'om Weddings &Funerals | 12,511 | 12&511 | 10,902 | |||||
| 14,846 | 14,846 | 12,311 | ||||||
| e | 0(her incoming resources | |||||||
| Sundry income | 15,556 | 15,556 | 10,257 | |||||
| Insurance claims |
||||||||
| 15,556 | 15,556 | 10,257 | ||||||
| Total incoraing resources | 133632 | 19960 | 153592 | 160233 |
| 3 | Resources expended | |||||||
|---|---|---|---|---|---|---|---|---|
| TOTAL | TOTAL | |||||||
| Unrestricted | Restricted | Endowment | FUNDS | FUM3S | ||||
| Funds | Funds | Funds | 2021 | 2020 | ||||
| a | Raising Funds | |||||||
| Fund Raising Events costs | 309 | 309 | 736 | |||||
| Bookstall | ||||||||
| 309 | 309 | 736 | ||||||
| b | Church Activities | |||||||
| Missionary and charitable |
giving; | |||||||
| Missionary Societies |
||||||||
| Relief &Development | ||||||||
| Secular Charities | 603 | 603 | ||||||
| Home; | ||||||||
| Home Mission | ||||||||
| 603 | 0 | 603 | ||||||
| Ministty costs: | ||||||||
| Diocesan parish contribution | 74,300 | 74,300 | 74,035 | |||||
| Other clergy costs | 6,492 | 6,492 | 5,908 | |||||
| Church running expenses |
8,703 | 8,703 | 10,478 | |||||
| Church maintenance | 11,668 | (1,568) | 10,100 | 6,121 | ||||
| Upkeep of services | 11,421 | 11,421 | 9,728 | |||||
| Upkeep ofchurchyard | 5,921 | 5,921 | 13,435 | |||||
| Emmanuel Centre running |
costs | 5,504 | 5,504 | 1,724 | ||||
| Youth Work | 27,859 | 27,859 | 25,029 | |||||
| Toddler Group | 42 | 42 | ||||||
| Major repairs/restoration | 16,879 | 16,879 | 19,286 | |||||
| Administration, stationery |
etc. | 4,014 | 4,014 | 4,854 | ||||
| Independent examination |
fee | 1,134 | 1,134 | 1,260 | ||||
| Miscellaneous costs |
1,150 | 1)150 | ||||||
| 174,540 | 418 | 174,122 | 171,858 | |||||
| Total resources expended |
174 849 | 418 | 174431 | 172 594 |
| 4 | Staff costs | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Wages and salaries | 24,856 | 24,417 | ||
| Pension costs | 1,400 | 1,400 | ||
| 26,256 | 25,817 | |||
| Average employee | numbers |
| Analysis oftr | ansfer | s be |
tween funds |
||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | ||||
| Funds | Funds | Funds | 2021 | ||||
| f, | |||||||
| Restricted income towards | Streat | 6,170 | (6,170) | ||||
| Restricted income towards | Westmestoa | 5,507 | (5,507) | ||||
| Gilt aid element | ofspecial | appeals | 2,656 | (2,656) | |||
| Grant towards St Margarets | wall repair | 10,960 | (10,960) | ||||
| Government furlough |
grant | 5,401 | (5,401) | ||||
| Grant towards war graves | 15 | (15) | |||||
| Grants towards | churchyard | upkeep | 4,550 | (4,550) | |||
| Total | 35,259 | (35,259) | |||||
| Support costs | |||||||
| Support | Governance | 2021 | 2020 | ||||
| costs | costs | ||||||
| f | f | ||||||
| Independent | examination | 1,134 | 1,134 | 1,260 | |||
| fees | |||||||
| 1,134 | 1&134 | 1,260 | |||||
| Analysed between: |
|||||||
| Charitable activities |
1,134 | 1,134 | 1,260 |
| 7 | Investments | |||||
|---|---|---|---|---|---|---|
| Unresn icted | Restricted | Endowment | Total | |||
| Funds | Funds | Funds | ||||
| f | ||||||
| Market value | I January 2021 | 235,160 | 154,437 | 129,751 | 519,348 | |
| Purchases at |
cost | 249,281 | 249,281 | |||
| Disposal proceeds | (249,281) | (249481) | ||||
| Revaluation | ofinveshuents | 32,004 | 23,061 | 17,438 | 72,503 | |
| Market value 31December 2021 | 267,164 | 177,498 | 147,189 | 591,851 |
| 8 | Analysis | ofNet | assets by fund | assets by fund | ||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total Funds | |||||
| Funds | Funds | Funds | 2021 | |||||
| f. | ||||||||
| Investment fixed assets |
267,164 | 177,498 | 147,189 | 591)851 | ||||
| Cash and deposits | 32,258 | 15,729 | 47,987 | |||||
| Debtors | 11,267 | 2,054 | 13,321 | |||||
| Current | liabilities | (4,783) | 4,783) | |||||
| 305,906 | 195,281 | 147,189 | 648,376 | |||||
| 9 | Debtoru | |||||||
| 2021 | 2020 | |||||||
| Income | tax recoverable | 8,500 | 1,502 | |||||
| Other debtors | 4,821 | 612 | ||||||
| 13,321 | 2,114 | |||||||
| 10 | Creditors: amounts | falling due within | one year | |||||
| 2021 | 2020 | |||||||
| g | ||||||||
| Other creditors | and | accruals | 4,783 | 12,492 | ||||
| 4 783 | 12,492 |
| 11 | Statements offunds |
||||||||
|---|---|---|---|---|---|---|---|---|---|
| Bal b/fwd | Income | Expenditure | Transfers | Gains | / | Bal | c/fwd | ||
| 01-Jan-21 | (losses) | 31-Dec-21 | |||||||
| Unrestricted Fund |
|||||||||
| General Fund | 77,202 | 133,630 | (174,849) | 35,259 | 32,004 | 103,246 | |||
| Designated | |||||||||
| Audrey Day | 43,346 | 43,346 | |||||||
| Streat Barn Mission Fund | 154,414 | 154,414 | |||||||
| Works | 4,898 | 4p900 | |||||||
| Total Unrestricted | 279,860 | 133,632 | (174,849) | 35,259 | 32,004 | 305,906 | |||
| Restricted Fund |
|||||||||
| Ab'gavenny Proj Invst |
35,583 | 6,241 | 41,824 | ||||||
| Chancel Trust Deposit | 7,216 | 7,220 | |||||||
| Flower Guild | 1,150 | (1,150) | 0 | ||||||
| Choir stags | 500 | 500 | |||||||
| Turner Dumbrell | 4,706 | 4,725 | (8,706) | 725 | |||||
| Friends ofSt Margaret's | 4,200 | 2,054 | (6,254) | 0 | |||||
| Other restricted income |
0 | 5,966 | (5,966) | 0 | |||||
| Swan Perkins Trust Investment | 118,854 | 16,820 | 135,674 | ||||||
| Swan Perkins Trust Deposit | 6,603 | 3449 | (6,170) | 3,882 | |||||
| Mabel Baines Deposit | 25 | 360 | 385 | ||||||
| Lambert I &2 Trust Deposit |
6,564 | 2,902 | (5,507) | 3,959 | |||||
| Clock Fund | 509 | 500 | 1,568 | (1,772) | 805 | ||||
| Memorial Book | 307 | 307 | |||||||
| Westmeston Church path |
884 | (884) | 0 | ||||||
| 187,101 | 19,960 | 418 | 35,259) | 23,061 | 195,281 | ||||
| Endowment Fund |
|||||||||
| M Baines Trust | 24,564 | 3,514 | 28'078 | ||||||
| Lambert I Tmst |
12,702 | 1,817 | 14,519 | ||||||
| Lambert 2 Trust | 91,729 | 12,070 | 103,799 | ||||||
| W H Fitzhugh Trust |
420 | 59 | 479 | ||||||
| Scarfe Trust | 336 | (22) | 314 | ||||||
| 129,751 | 17,438 | 1'47,189 |