##
##
|||||~ ~||||
|---|---|---|---|---|---|---|---|
|Report to the trusteesi||||StJames's Church
Enfield
Highway
Parochial
Church
Council||||
|members|of|||||||
|On accounts for the year||||31"December 2021
Charity
no
1132582||||
||||ended|(ifany)||||
||Setout||on pages|1 to 6||||
|||||I report to the trustees
on my examination
ofthe accounts ofthe above
charity ("the Trust")for the year ended 31"December 2020.||||
|Responsibilities|||and|As the charity's trustees,
you are responsible
for the preparation
ofthe||||
|basis of|report|||accounts
in accordance
with the requirements
ofthe Charities Act 2011||||
|||||("the Act").||||
|||||I report
in respect of my examination
of the Trust's accounts carried|out|||
|||||under section 145ofthe 2011 Act and in carrying
out my examination,||I||
|||||have followed
all the applicable
Directions
given by the Charity Commission||||
|||||under section 145(5)(b)ofthe Act.||||
||Independent|||[||||
|examiner's||statement||||||
|||||]].Delete [ ]ifnot applicable.||||
|||||I have completed
my examination.
I confirm that no material
matters|have|||
|||||come to my attention
in connection
with the examination
(ether4ee4het||||
|||||diselesed-belew
*)which gives me cause to believe that in, any material||||
|||||respect;||||
|||||~
the accounting
records were not kept in accordance
with section||130||
|||||ofthe Charities Act; or||||
|||||~
the accounts
did not accord with the accounting
records; or||||
|||||~
the accounts
did not comply
with the applicable
requirements||||
|||||concerning
the form and content ofaccounts set out in the Charities||||
|||||(Accounts and Reports) Regulations
2008 other than any requirement||||
|||||that the accounts give a 'true and fair' view which
is not a matter||||
|||||considered as part ofan independent
examination.||||
|||||I have no concerns and have come across no other matters
in connection||||
|||||with the examination
to which attention
should be drawn
in this report|||in|
|||||order to enable a proper understanding
ofthe accounts to be reached.||||
|||||*Please delete the words in the brackets ifthey do not apply.||||
||||Signed:|Date:
/3 —+||||
||||Name:|Mrs Maureen
Jeffery||||
|Relevant professional||||||||
|qualification(s)|||or body|||||
||||(ifany):|||||
|||||Oct 2018||||
##
#
|||STJAMES CHURCH|STJAMES CHURCH||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|||
|||Notes|Funds|Funds|2021|2020|
|Incomin
Resources|||||||
|Incoming resources from|donors|1a|E53,630.07|f672.65|E54,302.72|szoss.z4|
|Income from other activities||1b|f9,500.00|f12,551.22|E22,051.22|19940.85|
|Total Incoming Resources|||E63130.07|613223.07|E76953.94||
|Less: Resources Used|||||||
|Activities directly relating|to the||||||
|work ofthe Church||2a|f52,467.48|f129.32|E52,596.80|sszsz.zs|
|Missionary
Grants||2b|EO.OO|f2,272.65|E2,272.65|sszs.sz|
|Church Management
&Administration||2c|E14,754.50|f6,778.00|E21,532.50|19496.67|
|Total Resources Used|||E67 221.98|49 179.97|E76401.94||
|Net Incoming Resources StJames|||E4 091.91.|E4043.90|46043|.9425.64|
|Income from investment|&deposits|1c|f788.91|E14,577.83|E15,366.74|1949199|
|||ST BARNABAS|HALL||||
|Total Incoming Resources - St Barnabas||1&I|E20,455.00|EO.OO|E20,455.00|13676.00|
|Less: Resources Used|||||||
|Total Resources Used -|St Barnabas|2d|E5,446.16|EO.OO|E5,446.16|6996.50|
|Net Incoming Resources St Barnabas|||41500684|60 00|E.1~006.34|4477.SO|
|Income from investment|&deposits|1e|f4,803.33|f0.00|f4,803.33|4749.94|
|NET INCOMING
RESOURCES istJames est aamaaas)|||E16509.17|610621.73|E~5130.90|17596.59|
##
##
##
|FIXEDASSETS
St Barnabas Insurance
Value
CURRENT ASSET
StJames Trust Fund & Investment
Shares
4/5|FIXEDASSETS
St Barnabas Insurance
Value
CURRENT ASSET
StJames Trust Fund & Investment
Shares
4/5|FIXEDASSETS
St Barnabas Insurance
Value
CURRENT ASSET
StJames Trust Fund & Investment
Shares
4/5|FIXEDASSETS
St Barnabas Insurance
Value
CURRENT ASSET
StJames Trust Fund & Investment
Shares
4/5|FIXEDASSETS
St Barnabas Insurance
Value
CURRENT ASSET
StJames Trust Fund & Investment
Shares
4/5|E315851.DD|E315,851.00|f309,970.00|309970.00|
|---|---|---|---|---|---|---|---|---|
|Cash in CBFInvestment
Fund-St James Trust Fund|||||f34,388.65||E27,899.51||
|StJames Trust Investment|accounts||||E225 ODD.DO||E223MO.M||
||||||E259,388.65||E252,899.51||
|StJames Churche|||||||||
|Cash at Bank and in Hand|StJames||||E19,015.47||f10,132.S1||
|Cash in CBF Deposit Fund|—StJames||||E68,260.51||E68,882A6||
|StJames investment
accounts|||||130000.00||433**4**DM.M||
||||||f167,275.98||E159,M5.27||
|StJames Church Fabric|Fund||||||||
|Cash at Bank and in Hand|StJames Fabric Fund||||E49,672.60||69,120.95||
|Cash in CBFDeposit Fund|- StJames Fabric||||E50758.87
f100,431.47||E40741.54
f49,862.59||
|StJames Church CBFFixed Investment|||Shares||||||
|Medcalfe Bequest
Endowment
Funds|||||f55,705.40||ESS,705.40||
|2906CBF Investment
Fund shares|||||||||
|Memorial
Fund 312CBFInvestment||Fund|shares||ES038.33||E~503&33||
||||||E60,743.73||E60,743.73||
|St Barnabas
Hall|||||||||
|Cash at Bank and in Hand|St Barnabas||||f3,827.49||E27,814.26||
|Cash in CBFDeposit Fund - St Ba ma bas|||||E6,877.99||f13,079.05||
|Barnabas Investment
Account|||||385 DOO.DD||E~$5000.00||
||||||E95,705.48||f125,893.31||
|NET CURRENT ASSETS||||||E383545.31||648414.41|
|NET ASSETS||||||E999,396.31||958384,41|
|FUNDS|||||||||
|Restricted|||||||||
|Capital 8/fwd||||||E958,384.41||927424.96|
|StJames Net Incoming Resources||||||-E48.01||-9425.64|
|Interest - Investments
and|Deposits StJames|||||E15,366.74||15401.39|
|Revaluation
ofCBFInvestment
shares||||||f0.00||8777.86|
|St.Barnabas-
Net Incoming|Resources|||||E15,008.84||6877.50|
|Interest - Investments
and|Deposits St Barnabas|||||E4,803.33||4743.34|
|Revaluation
ofSt.Barnabas|Hall|||||ES881.00||4585.00|
|*Breakdown ofStJames Church Restricted||||Funds||f999,396.31||958384.41|
|AV System|||||E4,669.41||||
|Rear ofChurch
Improvements|||||E8,959.30||||
|Legacy Development
Fund|||||E40,598.33||||
|Choir Fund|||||f757.88||||
|Refreshments|||||E2,786.76||||
|Magazines|||||EO.OO||||
|Special Collections|||||EO.OO||||
|Mission Fund|||||E27,978.73||||
|Vicarage Fund|||||E1,000.00||||
|Wedding
&Funerals
Deposits|and LDF Fees||||EQ.OO||||
|Weddings
&Funerals
Flowers, Verger &Music|||||ESO.OO||||
|Memorial
Fund (Including
Brockhurst & Medcalfe Trusts)|||||E13906.49||||
|Total Restricted
Funds|||||E100,706.90||||
|StJames Church Unrestricted|Funds||||~E71607.41||||
|StJames Church Total Funds|||||E172,314.31||||
##
##
||||Unrestricted|Restricted|Total|2020|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds||
|1. INCOMING
RESOURCES - STJAMES CHURCH|||||||
|1(a) Incoming resources from donors|||||||
|Planned
Giving
—Stewardship|||f37,095.52|f0.00|E97,095.52|39719.93|
|Income Tax Recoverable - Gift Aid|||f10,966.36|f0.00|f10,966.36|11153.50|
|Loose Plate Collections
and Contactless
Donations|||E3,413.19|f0.00|E3,413.19|3025.40|
|Donations|||E2,155.00|f0.00|E2,155.00|850.00|
|Bequest|||f0,00|f0.00|EO.OO|0.00|
|Special Collections|||f0.00|f672.65|E672.65|2306.41|
||||E53,630.07|f672.65|E54,302.72|57055.24|
|1(b) Income from other activities|- StJames||||||
|Choir Fund|||f0.00|f8.80|E8.80|0.00|
|Memorial
Fund|||f0.00|f0.00|EO.OO|0.00|
|AV System|||f0.00|f348.94|f348.94|288.74|
|Rear ofChurch Improvements|||f0.00|f422.72|f422.72|414.50|
|Devlopment
Fund|||f0.00|E1,915.42|E1,915A2|1879.32|
|Tea &Coffee|||EO.OO|-f85.01|-E85.01|46.70|
|PCC Fees|||E1,805.00|f0.00|E1,805.00|1003.00|
|LDF Fees Wedding/Funeral|||f0.00|E2,392.00|E2,392.00|1175.00|
|Church
hire|||f7,695.00|f0.00|E7,695.00|5060.00|
|Fundraising
for Mission|||f0.00|f2,560.70|E2,560.70|2051.75|
|Fabric Fund|||f0.00|E4,187.65|E4,187.65|1652.84|
|Fees for Wedding/Funerals
Flowers, verger a Music|||f0.00|EBOO.OO|f800.00|370.00|
||||f9,500.00|E12,551.22|E22,051.22|19940.95|
|1(c) Income from investments
and deposits - StJames|||||||
|Memorial
Fund CBFInvestment||Fund interest|f0.00|f17952.46|E1,952A6|1896.80|
|StJames CBFinterest|||E66.94|f0.00|E66.94|320.34|
|StJames CBFGlobal Equity Interest|||f316.86|f0.00|E316.86|337.45|
|StJames CBF Property
Fund|Interest||E405.11|f0.00|E405.11|445.95|
|StJames Fabric Fund CBFInterest|||EO.OO|E17.23|E17.23|172.27|
|StJames Trust
CBFInterest|||f0.00|f10.52|E10.52|95.06|
|StJames Trust CBFGlobal Equity||Interest|f0.00|f4,102.88|E4,102.88|3996.54|
|StJames Trust CBFProperty|Fund Interest||f0.00|E3,859.21|E9,859.21|3949.95|
|StJames Trust- M & G interest|||EO.OO|f4,635.53|E4,635.53|4197.03|
||||E788.91|f14,577.83|E15,366.74|15401.39|
|Total Incoming Resources - StJames|||363918.98|E27801.70|591720.68|86397AB|
|1. INCOMING
RESOURCES - STBARNABAS|||||||
|1(d) Saint Barnabas|||||||
|Regular/occasional
Hirers|||f20,455.00|f0.00|E20,455.00|13976.00|
||||f20,455.00|f0.00|E20,455.00|13876.00|
|1(e) Income from investments
and deposits - Barnabas|||||||
|Barnabas CBFInterest|||f5.75|f0.00|E5.75|45.23|
|Barnabas CBFGlobal Equity Interest|||E1,893.82|f0,00|E1,893.82|1844.71|
|Barnabas CBFProperty
Fund|Interest||f1,899.37|f0.00|E1,899.37|1944.02|
|Barnabas - M &G interest|||E1,004.39|f0.00|E1,004.39|909.38|
||||E4,803.33|EO.OO|E4,803.33|4749.34|
|Total Incoming Resources -||St Barnabas|52525L33|f0.00|E25 258.33|18619.34|
|TOTAL INCOMING
RESOURCES||||QLS(LZQ|||
||FOR|THE YEAR ENDED 31st|DECEMBER 2|021|||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total||
||||Funds|Funds|Funds|2020|
|2. RESOURCES USED - STJAMES|||||||
|2(a) Activities directly relating to||the work ofthe Church|||||
|Ministry
- Diocesan Quota|||-f49,500.00||-f49,500.00|49500.00|
|Clergy Expenses|||f0.00||FO.OO|1499.17|
|Accommodation
Costs|||-E517.28||-E517.28|449.85|
|Church Repairs, Maintenance
and Equipment|||-f649.12||-E649.12|1643.60|
|Memorial
Fund||||-f129.32|-f129.32|125.10|
|AV System||||f0,00|f0.00|0.00|
|Music Expenses (Organ, Choir, Music, Etc)|||-E625.52||-E625.52|677.18|
|Church expenses|||-f1,058.77||-E1,058.77|1019.55|
|Stewardship|||-E116.79||-E116.79|143.41|
|Refreshments|||f0.00||EO.OO|193.39|
|Sunday School|||f0.00||EO.OO|0.00|
||||-f52,467.48|-E129.32|-E52,596.80|33251.25|
|2(b) Missionary
Grants|||||||
|Mission Support|||f0.00|-E1,072.65|-E1,072.65|5283.41|
|Home Mission/vouchers|||f0.00|E12DD.D.D|-E1200.00|388.40|
||||f0.00|&2,272.65|-E2,272.65|3673.81|
|2(c) Church Management|and Administration||||||
|Heating|||-E2,113.08|EO.OO|-E2,113.08|1280J0|
|Electric|||-E998.25|f0.00|-E998.25|848.72|
|Water Rates|||-E93.80|f0.00|-E93.80|143.35|
|Telephone,
Internet, Website|||-f1,322.95|f0.00|-f1,322.95|1430.46|
|Insurance|||-f4,325.40|f0.00|-f4,325.40|4349.27|
|Parish Administration|||-f5,742.84|f0.00|-E5,742.84|5688.36|
|Printing,
Postage and Stationery|||-f158.18|EO.OO|-f158.18|8031|
|Fabric Fund|||f0.00|-E3,636.00|-E3,636.00|413&30|
|Weddings
—flowers|||f0.00|-E100.00|-f100.00|0.00|
|Weddings - Verger &Bell|||f0.00|-f370.00|-f370.00|170.00|
|Weddings - music|||f0.00|-f280,00|-E280.00|200.00|
|LDF Fees|||f0.00|-E2,392.00|-E2,392.00|1175.00|
||||-E14,754.50|-E6,778.00|-E21,532,50|19496.67|
|Total Resources Used||- StJames|-f67,221.98|-f9,179.97|-f76,401.95|80421.73|
|2. Resources Used - St Barnabas|||||||
|2(d) Barnabas Upkeep & Running||Expenses|||||
|Water Rates|||-f215.69|f0.00|-E215.69|1778.66|
|Electric|||-f775.22|EO.OO|-f775.22|576.03|
|Gas and Gas Boiler Contract|||-f723.00|f0.00|-f723.00|855AO|
|Management
and Cleaning|||-f2,600.00|f0.00|-f2,600.00|1870.00|
|Insurance|||-f945,27|f0.00|-8945.27|932.38|
|Cleaning
Matedals|||-f34.97|f0.00|&34.97|228.53|
|Equipment
&Repairs &Maintenance|||-E152.01|f0.00|-f152.01|757.30|
|Major Building Repairs &Maintenance|||f0.00|f0.00|f0.00|0.00|
||||-E5,446.16|EO.OO|-f5,446.16|6998.50|
|TOTAL RESOURCES USED|||||||
|FOR THE YEAR|E|NDED|31s|t DECEMBER 2|t DECEMBER 2|021|||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Restricted|Total||
|||||Funds||Funds|Funds|2020|
|3. FIXEDASSETS|||||||||
|The Freehold of St Barnabas
Hall is insured for:||||||f315,851.00|f315,851.00|309,970.00|
|4. INVESTMENT|||||||||
|Investments
with Central Board of Finance for StJames|||Church||||||
|Medcalfe Bequest
Endowment
Funds 2906 CBF||Investment||Fund|shares|f55,705.40|f55,705.40|55,705,40|
|Memorial
Fund 312CBFInvestment
Fund shares||||||E5D38.33|85058.53|~5038.3|
|||||||E60,743.73|E60&743.73|60,743.73|
|5. ANALYSIS OF NET ASSETS BYFUND|||||||||
|StJames Church|||||||||
|Cash at Bank StJames Church||||E17,915.09|||E17,915.09|9,595.25|
|Cash in Hand StJames Church||||E1,100.38|||E1,100.38|537.56|
|Cash in CBFDeposit Fund - StJames Church||||F22,591.94||E45,668.57|f68&260.51|68,882.46|
|CBFGlobal Equity StJames||||E15,000.00||f25,000.00|f40,000.00|40,000.00|
|No. ofshares 19313.37valued E2.209each asat31.12.19(f43,109J|||||||||
|CBF Property
Fund StJames||||f15,000.00||f25,000.00|E40,000.00|40,000.00|
|No. ofshares 28661.10valued E1.3775each as at31.12.19(f39,481J|||||||||
|||||E71,607.41||E95,668.57|f167,275.98|159,015.27|
|StJames Church Fabric Fund|||||||||
|Cash at Bank StJames Fabric Fund||||||E49,508.79|E49,508.79|9,118.64|
|Cash in Hand StJames Fabric Fund||||||E163.81|E163.81|2.31|
|Cash in CBFDeposit Fund - StJames Fabric Fund||||||250758.87|E50758.87|40741.54|
|||||||E100,431.47|E100,431.47|49,862.59|
|StJames Trust|||||||||
|Cash in CBFDeposit Fund - StJames Trust||||||E34,388.65|E34,388.65|27,899.51|
|CBF Property
Fund StJames Trust||||||f75,000.00|E75,000.00|75,000.00|
|No. ofshares 60,489.26 valued E1.3773each as at31.12.19(f83,324J|||||||||
|CBFGlobal Equity StJames Trust||||||E75,000.00|E75,000.00|75,000.00|
|No. ofshares 53973.96valued E2.209each asat31.12.19(f123,646J|||||||||
|M & G Equities investment
Fund for charities lcharifund)||-StJames||Trust||575000.00|273 OOO.OO|75 000.00|
|No. ofshares 6264.227valued EJ6.6069eoch asat31.12.19|||(f104&029J||||||
|||||||E259,388.65|E259,388.65|252,899.51|
|StBarnabas|||||||||
|Cash at Bank St Barnabas||||E3,672.95|||E3,672.95|27,636.75|
|Cash in Hand St Barnabas|||||E154.54||E154.54|177.51|
|Cash in CBFDeposit Fund - St Barnabas||||E6,877.99|||E6,877.99|13,079.05|
|CBFGlobal Equity - Barnabas Fabric Fund||||||E35,000.00|f35,000.00|35,000.00|
|No. ofshares 2$,836.37valued E2.209each as at32.12.19(6577073J|||||||||
|CBF Property
Fund
—Barnabas Fabric Fund||||||E35,000.00|E35,000.00|35,000.00|
|No.ofshares 29,770 71valued El 3775each asat|31.1219(f41,009J||||||||
|M & G Equities investment
Fund for Charities icharifund)|-aarnabss||Fabric Fund|||415 DDO.OD|E15000.00|~1000.00|
|No. ofshares 1337282valued E16,6069each asat|31.12.19 (E224540J||||||||
|||||E&0705.48||58500000|585 70548|1258&33\|