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|||Page|
|---|---|---|
|Trustees'
annual
report|||
|Independent
examiner's
report to the trustees|||
|Statement offinancial|activities||
|Statement offinancial|position||
|Notes to the financial|statements||
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|Reference and administrative|Reference and administrative|Reference and administrative|details|||||
|---|---|---|---|---|---|---|---|
|Registered|charity|name|The Parochial|Church|||Council OfStPaul's Church,|
||||Weston-super-Mare|||||
|Charity registration||number|1132828|||||
|Principal office|||Walliscote Road|||||
||||Wanton-super-Mare|||||
||||BS231EF|||||
|The trustees||||||||
||||R Cromwell
(Resigned||||01/08/2021)|
||||A Roberts|||||
||||TTaylor|||||
||||ITodd|||||
||||N Jones (Resigned|||17/05/2021)||
||||N Mabass|||||
||||Rev CSinclair|||||
||||D Hollby|||||
||||J Williams|||||
||||D Byrom|||||
||||J Devereux|||||
||||KHayward|||||
||||CTrait|||||
||||M Ball (Resigned||08/09/2021)|||
||||F Pimm|||||
||||G Parry|||||
||||H Johnson|||||
||||KTodd|||||
||||FTarnuton|||||
||||S McKechnie|||||
||||2Jennings
(Appointed||||17/05/2021)|
||||D Hill (Appointed||07/1||1/2021)|
|Independent|examiner||P Lomax, FCA|||||
||||Tallford House|||||
||||38Walliscote Road|||||
||||Weston-super-Mare|||||
||||North Somerset|||||
||||BS231LP|||||
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|||||2021|2021||2020|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|||
||||funds|funds|funds|Totalfunds|Totalfunds|
|||Note|E|E|E|E|E|
|Income and endowments||||||||
|Donations
and legacies
Charitable
activities
Other trading
activities
Investment
Income||4
5
6
7|260,828
14,039
11,013
10|5,491
102
37||266,319
14,141
11,013
47|286,090
34,844
7,881
376|
|Other Income||8|1,691|||1,691|8,421|
|Total income|||257,581|5,630||293,211|337,392|
|Expenditure||||||||
|Expenditure
on raising funds:||||||||
|Costs ofraising||||||||
|donations
and||||||||
|legacies||9|||||223|
|Costs ofother||||||||
|trading adivities||10|1,876|||1,876|3,825|
|Expenditure
on||||||||
|charitable
aciivities||11,12|312,591|7,302||319,893|329,636|
|Other expenditure||13|42|||42|128|
|Total expenditure|||314,509|7,302||321,811|333,810|
|Net gains/(lasses)
on||||||||
|investments||14|||15,800|15,800|(11,710)|
|Net expenditure|||(26,928)|(1,672)|15,800|(12,800)|(8,128)|
|Transfem
between|funds||3,454|(3,454)||||
|Net movement
in funds|||(23,474)|(5,126)|15,800|(12,800)|(8,128)|
|Reconciliation
offunds||||||||
|Total funds brought|forward||822,184|33,782|109,006|964,972|973,100|
|Total funds carried|forward||798,710|28,656|124,806|952,172|964,972|
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||||2021|2020|
|---|---|---|---|---|
|||Note|6|6|
|Fixed assets|||||
|Tangible fixed assets||19|676,451|682,957|
|Investments||20|124,807|109,007|
||||801,258|791,964|
|Current assets|||||
|Debtors||21|8,195|23,102|
|Cash at bank snd in|hand||150,992|175,059|
||||159,187|198,161|
|Creditors: amounts|falling due within one year|22|8,273|20,953|
|Net curmnt assets|||150,914|177,208|
|Total assets less current liabilities|||952,172|969,172|
|Creditors: amounts|falling due after more than one year|23||4,200|
|Net assets|||952,172|964,972|
|Funds ofthe chadity|||||
|Endowment
funds|||124,806|109,006|
|Restdicted funds|||28,656|33,782|
|Unrestricted
funds|||798,710|822,184|
|Total charity funds||24|952,172|964,972|
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|||||Unreshicted|Restricted|Total Funds|
|---|---|---|---|---|---|---|
|||||Funds|Funds|2021|
|||||E|E|E|
|Donations|||||||
|Covenaled||giving||137,946||137,946|
|Envelope|scheme|||3,749||3,7497|
|Income tax recovered
Loose collections
Donations||||38,831
2,9'I3
53,480|3,685|38,831/
2,9134
57,165 '|
|Christian|aid fund and stewardship|||4,147||4,147|
|Legacies|||||||
|Legacies||||500||500|
|Grants|||||||
|Grants||||19,262|1,806|21,068|
|||||260,828|5,491|266,319|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2020|
||||||E|E|
|Donations|||||||
|Covenanted|||giving|135,940||135,940|
|Envelope|scheme|||8,361||8,361|
|Income tax||recovered||47,001|630|47,631|
|Loose collections||||4,493||4,493|
|Donations||||37,408|11,296|48,702|
|Christian|aid||fund and stewardship|4,104||4,104|
|Legacies|||||||
|Legacies||||2,956||2,956|
|Grants|||||||
|Grants||||18,835|15,068|33,903|
|||||259,096|26,994|286,090|
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|Charitable
acti|vities|||||
|---|---|---|---|---|---|
||||Unresfricted|Restricted|Total Funds|
||||Funds
f|Funds
E|2021
f|
|Fees, weddings|and funerals||3,909||3,909|
|Income from charitable||events|10,130|102|10,232|
||||14,039|102|14,141|
||||Unrertdcted|Restricted|Total Funds|
||||Funds|Funds|2020|
||||E|E|E|
|Fess, weddings|and funerals||4,865||4,865|
|Income from charitable||events|28,524|1,455|29,979|
||||33,389|1,455|34,844|
##
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|
||||Funds|2021|Funds|2020|
||||E|E|E|E|
||Hall letlings||11,013|11,013|7,661|7,661|
|7.|Investment|Income|||||
|||||Unrestdcted|Restricted|Total Funds|
|||||Funds|Funds|2021|
||||||E|E|
||Bank interest|received||10|37|47|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds
f|Funds
E|2020
E|
||Bank Interest received|||79|297|376|
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|Other In|come||||
|---|---|---|---|---|
|||Untastricted|Restricted|Total Funds|
|||Funds|Funds|2021|
|||E|E|E|
|Other income||1,691||1,691|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
|||E|E||
|Other income||7,671|750|8,421|
|Furlough|income received ofE1,691 (2020E7,671).||||
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|Costs|of raising|donations
and|legacies||||||
|---|---|---|---|---|---|---|---|---|
||||Restricted|Total|Funds|Restdcted|Total|Funds|
||||Funds||2021|Funds||2020|
||||6||E|E|||
|Quay|fundraising|costs||||223||223|
|Costs ofo|ther|trading activities|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestrlded|Total Funds|
||||Funds|2021|Funds|2020|
||||E|E|E|E'|
|Fees, weddings||and funerals|1,836|1,836|2,802|2,802|
|Operations|expenditure||40|40|1,023|1,023|
||||1,876|1,876|3,825|3,825|
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|Expsndltum
on charitable
activit|ies by fund type|||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2021|
||E|E|E|
|Main activities|310,791|7,302|318,093|
|Support costs|1,800||1,800|
||312,591|7,302|319,893|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2020|
||E|E||
|Main activities|321,457|6,919|328,376|
|Support costs|1,260||1,260|
||322,717|6,919|329,636|
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|Expenditure|on charitable
a|ctivities by activity type||||
|---|---|---|---|---|---|
|||Activities||||
|||undertaken|Support|Total funds|Total fund|
|||directly|costs|2021|2020|
|||2||8|6|
|Main activties||318,093||318,093|328,376|
|Governance|costs||1,800|1,800|1,260|
|||318,093|1,800|319,893|329,636|
##
|Expenditure
on main ac|tivities||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
|||5||5|
|Donations||20,724|1,762|22,486|
|Wages||121,090|2,371|123,461|
|Light and heat||13,515||13,515|
|Repairs and maintenance||8,489|2,838|11,307|
|Insurance||4,603||4,603|
|Telephone||1,825||1,825|
|General expenses||16,710|31|16,741|
|Depreciation||15,265||15,265|
|Parish share||104,567||104,567|
|Worship
group and padish expenses||2,058|300|2,358|
|Training and advertising|costs|1,965||1,965|
|||310,791|7,302|318,093|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
|||6|5|5|
|Donations||21,162||21,162|
|Wages||107,664|868|108,532|
|Light and heat||13,285||13,285|
|Repairs and maintenance||10,004||10,004|
|Insurance||4,691||4,691|
|Telephone||1,901||1,901|
|General expenses||23,819|5,000|28,819|
|Depreciation||15,137||15,137|
|Parish share||105,902||105,902|
|Worship
group and parish experises||7,425|1,051|8,476|
|Training
and advertising|costs|10,467||10,467|
|||321,457|6,919|328,376|
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|13.|Other expen||it|ure|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Unrestricted|||Total|Funds|Unrestr/cted||Total Funds|
||||||||||Funds||||2021||Funds|2020|
|||||||||||5|||K||2||
||Loan interest||||||||||42||42||126|128|
|14.|Net gains/(losses)||||on investments||||||||||||
||||||||||Endowment|||Total|Funds|Endowment||Total Funds|
||||||||||Funds||||2021||Funds|2020|
|||||||||||5|||||6||
||Gains/(losses)|||on other||Investment|||||||||||
||assets||||||||15,800||||15,800||(11,710)|(11,710)|
|15.|Net expenditure||||||||||||||||
||Net expenditure|||is stated|||after charging/(crediting):||||||||||
||||||||||||||||2021|2020|
||||||||||||||||6||
||Depreciation||of|tangible||fixed assets|||||||||15,265|15,137|
|16.|Independent||examination||||fees||||||||||
||||||||||||||||2021|2020|
||||||||||||||||6||
||Fees payable||(othe Independent|||||examiner for:|||||||||
||Independent|examination|||||ofthe financial statements||||||||1,260|1,260|
|17.|Staffcosts||||||||||||||||
||The total staff||costs||and|employee||benefits forthe|||reporting
period are analysed as|||||follows:|
||||||||||||||||2021|2020|
||||||||||||||||6|5|
||Wages and salaries||||||||||||||123,461|108,532|
||The average|head count||||ofemployees|||during the|year||was 8(2020:7).|||||
||No employee||received employee|||||benefits ofmore than||||280,000 during the|||year (2020:Nil).||
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|No trustee expenses have been incurred
Tangible fixed assets|orreimbursed.|||
|---|---|---|---|
||Long|||
||leasehold|Plant and||
||properly
6|machinery
6|Total
6|
|Cost||||
|At 1January 2021|618,296|225,738|844,034|
|Additions|5,399|3,359|8,758|
|At 31December 2021|623,695|229,097|852,792|
|Depreciation
At 1 January 2021|233|160,844|161,077|
|Charge forthe year|1,313|13,951|15,264|
|At 31December 2021|1,546|174,795|176,341|
|Carrying
amount||||
|At 31 December 2021|622,149|54,302|676,451|
|At 31December 2020|618,063|64,894|682,957|
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|Yea|r ended 31|De|ce|mber 2021|||
|---|---|---|---|---|---|---|
|20.|Investments||||||
|||||||Other|
|||||||Investments|
|||||||8|
||Cost or valuation||||||
||At 1 January2021|||||109,007|
||Additions||||||
||Fair value movements|||||15,800|
||At 31 December||2021|||124,807|
||Impairment||||||
||At 1 January|2021 and 31December 2021|||||
||Canying
amount||||||
||At 31 December||2021|||124,807|
||At 31 December 2020|||||109,007|
||All Investments|shown above are held at valuation.|||||
|21.|Debtom||||||
||||||2021|2020|
||||||8||
||Trade debtors||||4,051|1,581|
||Prepayments|and|accrued income||993|2,520|
||Other debtors||||3,151|19,001|
||||||8,195|23,102|
|22.|Credltom: amounts|||faglng due within one year|||
||||||2021|2020|
||||||8|8|
||Trade creditors||||4,073|16,753|
||Boiler loan owed||in next 12 months||4,200|4,200|
||||||8,273|20,953|
|23,|Creditors: amounts|||falling due aner more than one year|||
||||||2021|2020|
||||||5|6|
||Boiler loan|||||4,200|
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|||||||||Gains|||
|---|---|---|---|---|---|---|---|---|---|---|
|||At||||||and||At|
|||1 Jan 2021|Income|Expenditure||Transfem||losses|31Dec 2021||
|||E|E||E||E|E|E||
|Unrestrbted|funds|686,140|287,208|(313,027)|||19,562||679,883||
|Designated|- Inspire||||||||||
|Foyle||1,027|||||||1,01|9|
|Designated|-. Quay|128,989||||(13,238)||—|115,751||
|Designated|-DHD|1,913|||(104)||||.1,809||
|Designated|- Live||||||||||
|stream||2,870|||||(2,870)||||
|Designated|- Martin||||||||||
|Lewis grant||1,245|||(997)||||248||
|||822,184|287,208|(3'l4,136)|||3,454||798,710||
||||||||||At 31 Dec||
|||At 1 Jan 2020|Income||Expenditure||Transfers||2020||
|||F.|E|||E||E|E||
|Unrestricted|funds|667,742|281,673||(322,469)|||59,194|686,140||
|Designated|- Inspire||||||||||
|Foyle||1,303||||(276)|||1,0027||
|Designated|-Quay|158,989||||||(30,000)|128,989||
|Designated|-DHD|1,966||||(53)|||1,913||
|Designated|- Live||||||||||
|stream|||21,223|||(115)||(18,238)|2,870||
|Designated|- Martin||||||||||
|Lewis grant|||5,000||(3,755)||||1,245||
|||830,000|307,896||(326,668)|||10,956|822,184||
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||||At|||||Gains||At|
|---|---|---|---|---|---|---|---|---|---|---|
|||1Jsn||||||snd|31|Dec|
|||2021||Income|Expenditure
Transfers|||losses|2021||
|||6||f.||6|2|6||6|
|Restricted|- Quay|9,672||2,062||(38)|||11,696||
|Restdcted|-V46llnspire|1,001||||||||1,000|
|Restricted|- Church Plants|8,909||||||||8,910|
|Restricted|- Safehaven||300|||(300)|||||
|Restdicted|- Inspire||||||||||
|Quartet||||1,805||||||1,806|
|Restricted|- Allchurches|13,900||||(5,202)|(3,454)|—||5,244|
|Restricted|- Agency||||||||||
|donation|collections|||1,762||(1,762)|||||
|||33,782||5,630||(7,302)|(3,454)||28,656||
||||At||||||At 31Dec||
|||1Jan|2020
5|Income
f||Expenditure
f|Transfers
5|||2020
f.|
|Restricted|—Quay||10,286|9,630||(223)|(10,021)|||9,672|
|Restricted|- V4S(inspire||1,652|||(651)||||1,001|
|Restricted|- Church||||||||||
|Plants|||9,511|4,798||(5,400)||||8,909|
|Restricted|—Lighthouse||935|||||(935)|||
|Restricled|—Inspire||||||||||
|Salary|||||888|(868)|||||
|Restricted|- Sefehaven||||300|||||300|
|Restricted|—Allchurches|||13,900|||||13,900||
|||22,384||29,496||(7,142)|(10,956)||33,782||
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|Endcwmentfunds||||||||||
|---|---|---|---|---|---|---|---|---|---|
||||At||||Gains and||At|
||1|Jan|2021|Income|Expenditure|Transfers|losses||31 Dec 2021|
||||E|E|E|E|E|||
|Endowment||109,006|||||15,800||124,806|
||||At||||Gains and||At|
||1|Jan|2020|Income|Expenditure|Transfers|losses||31 Dec 2020|
||||E|E|E||E||E|
|Endowment'||120,716|||||(11,710)||109,006|
|Analysis ofnet assets between||||funds||||||
|||||Unrestricted||Restricted|Endowment|TotalFunds||
||||||Funds|Funds|Funds||2021|
||||||E|E|||E|
|Tangible fixed assets|||||676,451||||676,451|
|Investments|||||1||124,S06||124,807|
|Cunent assets|||||130,531|28,656|||159,187|
|Creditors less than|1|year|||(8,273)||||(8,273)|
|Creditors greater than||1 year||||||||
|Net assets|||||79&,710|28,856|124,806||952,172|
|||||Unrestricted||Restricted|Endowment||Total Funds|
||||||Funds|Funds|Funds||2020|
||||||E|E|E||E|
|Tangible fixed assets|||||682,957||||682,957|
|Investments|||||1||109,006||109,007|
|Cunent assets|||||164,379|33,782|||198,181|
|Creditors less than|1 year||||(20,953)||||(20,953)|
|Creditors greater than||1year|||(4,200)||||(4,200)|
|Net assets|||||S22,184|33,782|1o9,o08||964,972|
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|||||Value at|Value at|End of|
|---|---|---|---|---|---|---|
|||||31Dec|31 Dec|accumulation|
|||||2021|2020|period|
|||||E|8||
|M&G|Charibond|(270|units)|11,426|11,596|15eJuly 2040|
|MRG
MEG|Charibond
Chariyund|(294
(348|units)
units)|12,442
100.938|12,626
84,784|22"a July 2040
15eJuly 2040|
|||||124,806|109,006||
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