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2021-12-31-accounts

We aim to be a loving and welcoming
Christian
comm
participating
in his Mission.
Administrative
information
We aim to be a loving and welcoming
Christian
comm
participating
in his Mission.
Administrative
information
unity:
honouring
God in wors
unity:
honouring
God in wors
hip, follo hip, follo wing
Christ in our
wing
Christ in our
hves and
The parish church ofSt Mary and St Nicolas is situated in Church Street, Spalding. It is part ofthe Deanery af Eiloe West
within the Diocese of Lincoln within the Church of England. The correspondence address is The Parish Office, 1Halmer
Gate, Spalding,
PE112DR.
The Parochial
Church
Council (PCC) ofthe Ecclesiastical
Parish ofSt Mary &St Nicolas Spalding
is a registered charity
(Registered
number
1132847).
PCC members
who
have served from 1January 2021 until the date ofthe Annual Parochial Church Meeting are:
incumbent: The Revd John Bennett (Chair)
Other clergy: The Revd Aileen Workman
(Associate Vicar); The Revd Dr Evan
McWilliams (Curate until iuly 2021)
Readers: Dr Peter Gorton, Mrs Sue Slater
Wardens: Mr David Clements
(Lay vice chair) (retired 24/S/21), Mrs Jean
Hill, Mrs Penny Adams
Genera(Synod
representative:
Mrs Sue Slater
Representatives
on
the Eiioe West Deanery Synod elected October 2020:
Mr David Clements
(Treasurer
&
Lay I/ice Chair), and Mrs Sue Slater
Elected members:
Retired in 2021 Mrs Penny Adams,
Mrs Valerie Fairbanks,
Mr John Holmes,
Mr David Jones and Mrs Jube Laithwaite
Retiring
in 2022
Mrs Ann Howard
and Mr Adriaan
van Egmond
Retiring
in 2023
Mr Robert Molson and Mr Nicholas
Pitts
Retiring
in 2024
Mr Richard Chadd (RIP November 2021), Mrs Valerie Fairbanks, Mr John Holmes and Mrs Julie
Laithwaite
The Parish Administrator,
Dr Sarah Chadd, acts as the
Secretary to the PCC.

Unrestricted Restricted Endowment TOTAL FUNDS
Funds Funds Funds 2021 2020
Note 6 6 6
INCOME AND ENDOWMENTS:
Donations
and legacies
2a 91,575 40,720 132,295 136,846
Other voluntary
incoming
resources 2b 750 1,750 2,500 2,250
Charitable
and ancillary
trading 2c 10,196 12,183 22,379 12,147
Investment
income
2d 10,135 10,135 9,033
Other income 2e
TOTAL 102,521 64,788 167,309 160,276
EXPENDITURE:
Costs of raising funds 3a
Charitable
activities
3b 112,393 78,420 190,813 176,045
Grants 3c 5,135 5,135 6,489
TOTAL 117,528 78,420 195,948 182,534
(LOSSES)/GAINS ON INVESTMENTS
- unreallsed 9,909 13,590 23,499 (16,563)
NET INCOME/(EXPENDITURE) (15,007) (3,723) 13,590 (5,140) (38,821)
Transfers
between
funds
NET MOVEMENT IN FUNDS (15,007) (3,723) 13,590 (5,140) (38,821)
RECONCILIATION OF FUNDS:
TOTAL FUNDS AT 1 JANUARY 2021 18,522 216,622 136,652 371,796 410,617
TOTAL FUNDS AT 31 DECEMBER 2021 3,515 212,899 150,242 366,656 371,796
Nots 2021 2020
6 6
FIXEDASSETS
Tangible fixed assets 4a 17,300 17,300
Investment assets 4b 268,540 258,631
285,840 275,931
CURRENT ASSETS
Stock 1,654 1,654
Debtors 8,156 5,100
Cash at bank and in hand 99,693 95,819
109,503 102,573
LIABIUTIES: AMOUNTS FALLING
DUE WITHIN ONE YEAR 28,687 6,708
NET CURRENT ASSETS 80,816 95,865
NET ASSETS 366,656 3
FUNDS
Unrestricted 9a 3,515 18,522
Restricted 9b 212,899 216,622
Endowment 9c 150,242 136,652
366,656 371,796

2 INCOME AND ENDOWMENTS INCOME AND ENDOWMENTS INCOME AND ENDOWMENTS
Unrestricted Restricted Endowment TOTAL FUNDS
021 Funds Funds Funds 2021 2020
6 6
2a Donations
and legacies
Planned
giving
Envelopes 6,900 6,900 8,618
Bankers' orders 49,930 49,930 65,723
Income tax recovered 12,034 12,034 14,409
Plate collections at services 2,882 2,882 2,326
Legacies 19,140 19,140
Sundry donations 19,829 21,580 41,409 45,770
91,575 40,720 132,295 136,846
2b Other voluntary income
Grants 750 1,750 750
Fetes and other fund raising events 1,500
750 1,750 2,500 2,250
2c Charitable
and anmllary
trading income
Shop, 200 club and tidings 2,518 2,518 213
Church
hall
lettings
10,427 10,427 5,988
Fees 7,678 1,756 9,434 5,946
10,196 12,183 22,379 12,147
2d Income from investments
Dividends
and interest
10,135 10,135 9,033
Realised gains
10,135 10,135 9,033
2e Other income
Vat recovered
TOTAL INCOME 102,521 64,788 167,309 160,276
3 EXPENDITURE
3a Costs of raising funds
Fetes and other fund raising events

3 EXPENDITURE (continued) EXPENDITURE (continued) EXPENDITURE (continued) EXPENDITURE (continued)
Unrestricted Restricted Endowment TOTAL FUNDS
3021 Funds Funds Funds 2021 2020
6 6 E 6
3b Charitable
activities
Directly relating to the work ofthe church
Ministry:
parish share
54,450 54,450 54,450
clergy expenses 483 483 823
Church
running
expenses
18,932 18,932 35,265
Church maintenance 4,815 8,554 13,369 22,309
Toilets, shop mstallation 55,671 55,671
Children
and youth
groups 1,655 2, 146 3,801 3,000
Shop expenditure 325
Church
yard maintenance
1,763 1,763 540
Church
hall running
costs 9,184 9,184 30,749
Organists
and choir
master 7,198 825 8,023 7,520
Sacristan 314 720 1,034 308
89,610 77, 100 166,710 1 55,289
Management
and administration
Pnnting,
stationery
and copier 1,714 1,714 2,528
Printing
Tidings
1,626 1,626
Postage 119 119 163
Parish office assistants 6,834 6,834 5,275
Parish administrator 9,265 9,265 9,070
Telephone 1,601 1,601 1,664
Subscriptions
Parish office running expenses 493 493 509
Refuse collection 155 155 427
200 Club prizes 1,320 1,320
Use of hall 720 720 720
Independent
examiner's
fee 256 256 400
22,783 1.320 24,103 20,756
112,393 78,420 190,813 176,045
3c Grants
Missionary
and charitable
giving 5,135 5,135
Parish Church
Day
School Governors
5,135 5,135 6,489
TOTAL EXPENDITURE 117,528 78,420 195,948 182,534

5 ANALY SIS O F NET ASS ETS BYFUND
Unrestricted Restricted Endowment
2021 Funds Funds Funds Total Total
Fixed assets 135,598 150,242 285,840 275,931
Current assets 32,202 77,301 109,503 102,573
Current liabilites (28,687) (28,687) (6,708)
Fund balance 3,515 212,899 150,242 366,656 371,796
6 DEBTORS
2021 2020
Income tax recoverable 1,650 5,100
Prepayments and accrued income 6,506
8,156 5,100
7 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
Accruals 28,687 6,300
28,687 6,300

EMPLOYEE EMOLUMENTS
2021 2020
f 6
Salaries 16,099 14,313
16,099 14,313
9 FUND MOVEMENTS MOVEMENTS MOVEMENTS Balance Funds Funds Inv Funds Balance
2021 01/01/2021 Added Used (Losses) Transferred 31/12/2021
E f F. f
a Unrestricted
PCC general 17,648 102,521 (117,528) 2,641
Church shop 548 548
Festival 326 326
18,522 102,521 (117,528) 3,515
b Restricted
Church hall 20,741 16,247 (9,184) 27,804
Fabric 162,513 29,258 (62,891) 9,909 138,789
School building reserve 4,035 2 4,037
Vicar, wardens, organ, legeaes 23,736 15,015 (1,334) 37,417
Belfry 70 931 (720) 281
Choir 2,686 3,335 (2,971) 3,050
Two hundred club 2,841 (1,320) 1,521
216,622 64,788 (78,420) 9,909 212,899
c Endowment
Fabric 134,652 13,590 148,242
Richardson Trust 2,000 2,000
136,652 13,590 150,242

10 FUND MOVEMENTS MOVEMENTS MOVEMENTS Balance Funds Funds Inv Funds Balance
2II2$ 01/01/2020 Added Used (Losses) Transferred 31/12/2020
6
a Unrestricted
PCC general 23,450 143,506 (147,250) (2,058) 17,648
Church shop 910 213 (575) 548
Vicar, wardens, organ &legacies 24,660 36 (960) 23,736
Festival 326 326
49,346 143,755 (148,785) (2,058) 42,258
b Restricted
Church hall 35,788 5,988 (21,035) 20,741
Fabric 83,730 4,400 (16,378) 71,752
Barker Memorial (Fabric) 86,294 4,467 90,761
School building reserve 4,029 6 4,035
Belfry 160 160 (250) 70
Choir 2,166 1,500 (3,000) 2,020 2,686
Richardson Trust 2,000 2,000
Two hundred club 2,553 288 2,841
216,720 16,521 (40,413) 2,058 194,886
c Endowment
Fabnc 144,551 (9.899) 134,652
144,551 (9,899) 134,652
Combined fund totals 410,617 160,276 (189,198) (9,899) 371,796