THE BRIERLEY HILL TEAM MINISTRY
St.Michael’s Brierley Hill, Christ Church Quarry Bank St.John’s Brockmoor, St.Paul’s Hawbush
IN THE DIOCESE OF WORCESTER
The Vicarage Maughan
Street
Quarry Bank Brierley Hill DY5 2DN
Team Rector’s Report on Brierley Hill Team Accounts 2021
Whilst the 2021 accounts are healthy from the perspective of capital held within the team, each separate part of the Team is aware of the challenges that are faced.
Income over Expenditure is clearly a problem. The ongoing effects of the pandemic in 2021 inevitably had an effect on income with less hiring out of venues and some worshippers remaining cautious about returning to worship. I am grateful to those who have made use of less traditional ways of giving, for example through the Parish Giving Scheme, Direct Debit, Contactless Card, including the virtual contactless card which allows card donations to be collected securely over the phone and text giving. The number of donors using the envelope scheme or simply placing cash in the collection plate has declined accordingly which is much easier administrative wise.
The cost of maintaining plant in three venues remain significant and to some extent these plants future well-being depends on regular patterns of maintenance and repairs holding out well. The support from the Diocesan Buildings Team in these matters has been invaluable.
It is clear that for a healthy and sustainable future each venue will need to continue to work to increase donations, recognising that much generous giving already takes place, as well as finding relevant ways of serving the local community.
With thanks to treasurers and all who assist in the financial management of the parish.
David Hoskin
Revd Canon David Hoskin Rector of The Brierley Hill Team
01384 565480 rev.davidhoskin@hotmail.com The PCC of the Team Parish of Brierley Hill is a registered charity: no. 1132884
01384 565480 bhteam@hotmail.co.uk
REGISTERED CHARITY NUMBER: 1132884
Report of the Trustees and Unaudited Financial Statements For The Year Ended 31 December 2021
for
BRIERLEY HILL TEAM PAROCHIAL CHURCH COUNCIL
M. J. Grainger & Co. 196 High Street Quarry Bank Brierley Hill West Midlands DY5 2JP
BRIERLEY HILL TEAM
PAROCHIAL CHURCH COUNCIL
Contents of the Financial Statements For the year ended 31 December 2021
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner’s Report | 3 |
| Statement of Financial Activities | 4 to 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 10 |
BRIERLEY HILL TEAM
PAROCHIAL CHURCH COUNCIL
Report of the Trustees
For the year ended 31 December 2021
The trustees present their report with the financial statements of the charity for the year ended 31st December 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities' issued in March 2011.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1132884
Principal address
The Vicarage Maughan Street Quarry Bank Brierley Hill West Midlands DY5 2DN
Trustees
The members of the Parochial Church Council
Independent Examiner
M. J. Grainger & Co. 196 High Street Quarry Bank Brierley Hill West Midlands DY5 2JP
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Page 1
BRIERLEY HILL TEAM PAROCHIAL CHURCH COUNCIL
Report of the Trustees cont'd For the year ended 31 December 2021
FINANCIAL REVIEW - prepared by the Rector of the Team
ON BEHALF OF THE PAROCHIAL CHURCH COUNCIL
………………………………………………………………………….
Date:……………………………………………
Page 2
Independent Examiner's Report to the Trustees of
BRIERLEY HILL TEAM
PAROCHIAL CHURCH COUNCIL
We report on the accounts for the year ended 31 December 2021 set out on pages two to seven.
Respective responsibilities of Trustees and Examiner
The members of the DCC are responsible for the preparation of the accounts. The members of the DCC consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under Section 145 of the 2011 Act;
-
to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
-
to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the DCC and a comparison of the accounts presented with those records. It also includes consideration of
any unusual items or disclosures in the accounts, and seeking explanations from you as members of the DCC concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, mo matter has come to my attention:
(1) which gives me reasonable cause to believe that, in any material aspect, the requirements
-
to keep accounting records in accordance with Section 130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting Requirements of the 2011 Act have not been met, or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
M. J. Grainger & Co. 196 High Street Quarry Bank Brierley Hill West Midlands DY5 2JP
Date: ………………………………………
Page 3
BRIERLEY HILL TEAM
PAROCHIAL CHURCH COUNCIL
Statement of Financial Activities
for the Year Ended 31 December 2021
| Notes INCOMING RESOURCES Incoming resources from generated funds Voluntary income Activities for generating funds 2 Investment income 3 Incoming resources from charitable activities Church Activities Other incoming resources Total incoming resources RESOURCES EXPENDED Costs of generating funds Costs of generating voluntary income Fundraising trading: cost of goods sold and other costs Charitable activities Church Activities Governance costs Other resources expended Total resources expended NET INCOMING/ (OUTGOING) RESOURCES BFEORE TRANSFERS Gross transfers between funds Net incoming/(outgoing) Resources before other recognised gains and losses Adjustments Other recognised gains/losses Gains/losses on investment assets Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted funds £ 38,911 2,395 1,351 7,612 7,211 57,480 63,202 1,440 11,742 76,384 (18,904) (18,904) (6) (18,910) 16,182 (2,728) 298,149 295,421 |
Restricted funds £ 5,394 191 45 5,630 12,409 1,978 14,387 (8,757) (8,757) (8,757) (8,757) 98,256 89,499 |
Endowment funds £ 2,286 2,286 3,200 3,200 (914) (914) (914) (914) 8,129 7,215 |
2021 Total funds £ 44,305 2,586 3,682 7,612 7,211 65,396 78,811 1,440 13,720 93,971 (28,575) (28,575) (6) (28,581) 16,182 (12,399) 404,534 392,135 |
2020 Total funds £ 84,148 1,266 6,053 7,549 3,929 102,945 112 89,484 1,440 20,021 111,057 (8,112) (8,112) 2651 (5,461) (5,461) 409,995 404,534 |
|---|---|---|---|---|---|
The notes form part of these financial statements
Page 4
BRIERLEY HILL TEAM
PAROCHIAL CHURCH COUNCIL
Balance Sheet
As at 31 December 2021
| Notes FIXED ASSETS Tangible assets 6 CURRENT ASSETS Debtors 7 Investments 8 Cash at bank and in hand CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 10 Unrestricted funds Restricted funds Endowment funds TOTAL FUNDS |
Unrestricted funds £ 942 150,651 147,150 298,743 3,322 295,421 295,421 295,421 |
Restricted funds £ 10,772 78,727 89,499 89,499 89,499 89,499 |
Endowment funds £ 7,215 7,215 7,215 7,215 7,215 |
2021 Total funds £ 942 161,423 233,092 395,457 3,322 392,135 392,135 392,135 295,421 89,499 7,215 392,135 |
2020 Total funds £ 1,040 145,241 260,740 407,021 2,487 404,534 404,534 404,534 298,149 98,256 8,129 404,534 |
|---|---|---|---|---|---|
The financial statements were approved by the Parochial Church Council on …………………………………….. and were signed on its behalf by:
…………………………………………………………………………
…………………………………………………………………………
The notes form part of these financial statements
Page 5
BRIERLEY HILL TEAM PAROCHIAL CHURCH COUNCIL
Notes to the Financial Statements
for the Year Ended 31 December 2021
1 ACCOUNTING POLICIES
Accounting convention
T he FCC is a public benefit entity within the meaning of FRS102.
The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individuals accounts of PCCs, and with the Regulations' 'true and fair view'' provisions, it is also the first year that they have been prepared under FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP(FRS102)).
ASSETS
Investments
Investments quoted on a recognised stock exchange or whose value derives from them are valued at market value at the year end. Other investment assets are included at PCC's best estimate of market value.
Short Term Deposits
These are the cash held on deposit either with CCLA or at the bank.
Incoming Resources
Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the payment is due. Grants and legacies are accounted for when the DCC receives the amounts due. Dividends, interest and all other income are recognised when received.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate
all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Any parish share unpaid at the year end is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor on the Balance Sheet.
Taxation
The Church is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds
These represent the remaining income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use for spending on a future project and which are therefore not included in its ''free reserves'' as disclosed in the trustees' report.
Restricted funds
These are income funds that must be spent on restricted purposes and details of the funds held and restrictions provided are shown in the notes to the accounts.
Endowment Funds
These are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or benefit derived from the capital may be restricted or unrestricted.
Full details of all their restrictions are shown in the notes to the accounts.
Page 6
BRIERLEY HILL TEAM
PAROCHIAL CHURCH COUNCIL
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
2 ACTIVITIES FOR GENERATING FUNDS
| Fundraising events Magazine receipts Traidcraft income INVESTMENT INCOME Dividends and interest Current asset investment income |
2021 £ 2,311 275 2,586 102 3,580 3,682 |
2020 £ 876 390 - 1,266 107 5,946 6,053 |
|---|---|---|
3 INVESTMENT INCOME
4 TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
Trustee's Expenses
There were no trustee's expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
5 STAFF COSTS
| Organist salary Other salaries and support 6 TANGIBLE FIXED ASSETS COST At 1 January 2021 and 31 December 2021 DEPRECIATION At 1 January 2021 Charge for year At 31 December 2021 NET BOOK VALUE At 31 December 2021 At 31 December 2020 |
2021 2020 £ £ 840 840 840 840 Plant and Machinery £ - - |
|---|---|
Page 7
BRIERLEY HILL TEAM PAROCHIAL CHURCH COUNCIL
Notes to the Financial Statements - continued
for the Year Ended 31 December 2021
| 7 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments and accrued income 8 CURRENT ASSET INVESTMENTS Listed investments 9 CREDITORS : AMOUNTS FALLING DUE WITHIN ONE YEAR Loans and overdraft Other creditors |
2021 £ 942 2021 161,423 2021 3,322 3,322 |
2020 £ 1,040 2020 £ 145,241 2020 £ - 2,487 2,487 |
|---|---|---|
Page 8
BRIERLEY HILL TEAM
PAROCHIAL CHURCH COUNCIL
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
| 10 MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Fabric fund Traidcraft Hand bell restoration Church maintenance Choir Childrens' work Flower Guild Fisher Trust Organ fund New café chuch Craft class Building for the Future fund Christmas tree/fayre fund Lunch club Sundry collections Easy exercise class Vicar's Discretionary fund HLF Project Messy Church 3 C's Youth Group Sound system Churchyard Sundry Charities Endowment funds Endowment fund TOTAL FUNDS |
1.1.21 £ 298,149 55,281 89 1,461 508 112 3,904 180 100 6,486 168 70 - 4,265 20,750 913 3,907 62 98,256 8,129 404,534 |
Net movement in funds £ (18,904) 109 1,156 139 206 (8,658) (24) 300 242 (650) (446) 63 (515) (764) (8,757) (914) (28,575) |
Gains and Losses £ 16,182 16,182 |
Adjustments £ (6) (6) |
31.12.21 £ 295,421 55,390 89 2,617 647 318 (8,658) 3,904 156 400 6,728 168 70 3,615 20,304 63 398 3,143 62 89,499 7,215 392,135 |
|---|---|---|---|---|---|
Page 9
BRIERLEY HILL TEAM
PAROCHIAL CHURCH COUNCIL
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
10 MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Fabric fund Hand bell restoration Choir Childrens' work Vicar's Discretionary fund Traidcraft Church maintenance New café church Fisher Trust Sound system Messy Church 3 C's Youth Group HLF Project Churchyard Sundry Kingdom people fund Building for the Future fund Flower Guild Charities Christmas tree/fayre fund Organ fund Sundry collections Easy exercise class Lunch club Legion fund Womens fund Craft class Building fund Boiler fund Endowment funds Endowment fund TOTAL FUNDS |
Incoming Resources £ 57,480 109 85 500 1,430 63 746 242 236 1,289 430 500 5,630 2,286 65,396 |
Resources expended £ 76,384 361 274 24 8,658 515 446 1,510 30 1,289 430 650 200 14,387 3,200 93,971 |
Movement in funds £ (18,904) 109 85 139 1,156 (24) (8,658) 63 (515) (446) (764) 242 206 (650) 300 (8,757) (914) (28,575) |
Gains and Losses £ 16,182 16,182 |
Adjustment £ (6) (6) |
Transfer between funds £ |
|---|---|---|---|---|---|---|
Page 10
REGISTERED CHARITY NUMBER: 1132884
Report of the Trustees and Unaudited Financial Statements For The Year Ended 31 December 2021
for
BRIERLEY HILL TEAM PAROCHIAL CHURCH COUNCIL
M. J. Grainger & Co. 196 High Street Quarry Bank Brierley Hill West Midlands DY5 2JP
BRIERLEY HILL TEAM
PAROCHIAL CHURCH COUNCIL
Contents of the Financial Statements For the year ended 31 December 2021
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner’s Report | 3 |
| Statement of Financial Activities | 4 to 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 10 |
BRIERLEY HILL TEAM
PAROCHIAL CHURCH COUNCIL
Report of the Trustees
For the year ended 31 December 2021
The trustees present their report with the financial statements of the charity for the year ended 31st December 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities' issued in March 2011.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1132884
Principal address
The Vicarage Maughan Street Quarry Bank Brierley Hill West Midlands DY5 2DN
Trustees
The members of the Parochial Church Council
Independent Examiner
M. J. Grainger & Co. 196 High Street Quarry Bank Brierley Hill West Midlands DY5 2JP
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Page 1
BRIERLEY HILL TEAM PAROCHIAL CHURCH COUNCIL
Report of the Trustees cont'd For the year ended 31 December 2021
FINANCIAL REVIEW - prepared by the Rector of the Team
ON BEHALF OF THE PAROCHIAL CHURCH COUNCIL
………………………………………………………………………….
Date:……………………………………………
Page 2
Independent Examiner's Report to the Trustees of
BRIERLEY HILL TEAM
PAROCHIAL CHURCH COUNCIL
We report on the accounts for the year ended 31 December 2021 set out on pages two to seven.
Respective responsibilities of Trustees and Examiner
The members of the DCC are responsible for the preparation of the accounts. The members of the DCC consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under Section 145 of the 2011 Act;
-
to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
-
to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the DCC and a comparison of the accounts presented with those records. It also includes consideration of
any unusual items or disclosures in the accounts, and seeking explanations from you as members of the DCC concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, mo matter has come to my attention:
(1) which gives me reasonable cause to believe that, in any material aspect, the requirements
-
to keep accounting records in accordance with Section 130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting Requirements of the 2011 Act have not been met, or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
M. J. Grainger & Co. 196 High Street Quarry Bank Brierley Hill West Midlands DY5 2JP
Date: ………………………………………
Page 3
BRIERLEY HILL TEAM
PAROCHIAL CHURCH COUNCIL
Statement of Financial Activities
for the Year Ended 31 December 2021
| Notes INCOMING RESOURCES Incoming resources from generated funds Voluntary income Activities for generating funds 2 Investment income 3 Incoming resources from charitable activities Church Activities Other incoming resources Total incoming resources RESOURCES EXPENDED Costs of generating funds Costs of generating voluntary income Fundraising trading: cost of goods sold and other costs Charitable activities Church Activities Governance costs Other resources expended Total resources expended NET INCOMING/ (OUTGOING) RESOURCES BFEORE TRANSFERS Gross transfers between funds Net incoming/(outgoing) Resources before other recognised gains and losses Adjustments Other recognised gains/losses Gains/losses on investment assets Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted funds £ 38,911 2,395 1,351 7,612 7,211 57,480 63,202 1,440 11,742 76,384 (18,904) (18,904) (6) (18,910) 16,182 (2,728) 298,149 295,421 |
Restricted funds £ 5,394 191 45 5,630 12,409 1,978 14,387 (8,757) (8,757) (8,757) (8,757) 98,256 89,499 |
Endowment funds £ 2,286 2,286 3,200 3,200 (914) (914) (914) (914) 8,129 7,215 |
2021 Total funds £ 44,305 2,586 3,682 7,612 7,211 65,396 78,811 1,440 13,720 93,971 (28,575) (28,575) (6) (28,581) 16,182 (12,399) 404,534 392,135 |
2020 Total funds £ 84,148 1,266 6,053 7,549 3,929 102,945 112 89,484 1,440 20,021 111,057 (8,112) (8,112) 2651 (5,461) (5,461) 409,995 404,534 |
|---|---|---|---|---|---|
The notes form part of these financial statements
Page 4
BRIERLEY HILL TEAM
PAROCHIAL CHURCH COUNCIL
Balance Sheet
As at 31 December 2021
| Notes FIXED ASSETS Tangible assets 6 CURRENT ASSETS Debtors 7 Investments 8 Cash at bank and in hand CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 10 Unrestricted funds Restricted funds Endowment funds TOTAL FUNDS |
Unrestricted funds £ 942 150,651 147,150 298,743 3,322 295,421 295,421 295,421 |
Restricted funds £ 10,772 78,727 89,499 89,499 89,499 89,499 |
Endowment funds £ 7,215 7,215 7,215 7,215 7,215 |
2021 Total funds £ 942 161,423 233,092 395,457 3,322 392,135 392,135 392,135 295,421 89,499 7,215 392,135 |
2020 Total funds £ 1,040 145,241 260,740 407,021 2,487 404,534 404,534 404,534 298,149 98,256 8,129 404,534 |
|---|---|---|---|---|---|
The financial statements were approved by the Parochial Church Council on …………………………………….. and were signed on its behalf by:
…………………………………………………………………………
…………………………………………………………………………
The notes form part of these financial statements
Page 5
BRIERLEY HILL TEAM PAROCHIAL CHURCH COUNCIL
Notes to the Financial Statements
for the Year Ended 31 December 2021
1 ACCOUNTING POLICIES
Accounting convention
T he FCC is a public benefit entity within the meaning of FRS102.
The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individuals accounts of PCCs, and with the Regulations' 'true and fair view'' provisions, it is also the first year that they have been prepared under FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP(FRS102)).
ASSETS
Investments
Investments quoted on a recognised stock exchange or whose value derives from them are valued at market value at the year end. Other investment assets are included at PCC's best estimate of market value.
Short Term Deposits
These are the cash held on deposit either with CCLA or at the bank.
Incoming Resources
Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the payment is due. Grants and legacies are accounted for when the DCC receives the amounts due. Dividends, interest and all other income are recognised when received.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate
all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Any parish share unpaid at the year end is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor on the Balance Sheet.
Taxation
The Church is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds
These represent the remaining income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use for spending on a future project and which are therefore not included in its ''free reserves'' as disclosed in the trustees' report.
Restricted funds
These are income funds that must be spent on restricted purposes and details of the funds held and restrictions provided are shown in the notes to the accounts.
Endowment Funds
These are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or benefit derived from the capital may be restricted or unrestricted.
Full details of all their restrictions are shown in the notes to the accounts.
Page 6
BRIERLEY HILL TEAM
PAROCHIAL CHURCH COUNCIL
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
2 ACTIVITIES FOR GENERATING FUNDS
| Fundraising events Magazine receipts Traidcraft income INVESTMENT INCOME Dividends and interest Current asset investment income |
2021 £ 2,311 275 2,586 102 3,580 3,682 |
2020 £ 876 390 - 1,266 107 5,946 6,053 |
|---|---|---|
3 INVESTMENT INCOME
4 TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
Trustee's Expenses
There were no trustee's expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
5 STAFF COSTS
| Organist salary Other salaries and support 6 TANGIBLE FIXED ASSETS COST At 1 January 2021 and 31 December 2021 DEPRECIATION At 1 January 2021 Charge for year At 31 December 2021 NET BOOK VALUE At 31 December 2021 At 31 December 2020 |
2021 2020 £ £ 840 840 840 840 Plant and Machinery £ - - |
|---|---|
Page 7
BRIERLEY HILL TEAM PAROCHIAL CHURCH COUNCIL
Notes to the Financial Statements - continued
for the Year Ended 31 December 2021
| 7 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments and accrued income 8 CURRENT ASSET INVESTMENTS Listed investments 9 CREDITORS : AMOUNTS FALLING DUE WITHIN ONE YEAR Loans and overdraft Other creditors |
2021 £ 942 2021 161,423 2021 3,322 3,322 |
2020 £ 1,040 2020 £ 145,241 2020 £ - 2,487 2,487 |
|---|---|---|
Page 8
BRIERLEY HILL TEAM
PAROCHIAL CHURCH COUNCIL
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
| 10 MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Fabric fund Traidcraft Hand bell restoration Church maintenance Choir Childrens' work Flower Guild Fisher Trust Organ fund New café chuch Craft class Building for the Future fund Christmas tree/fayre fund Lunch club Sundry collections Easy exercise class Vicar's Discretionary fund HLF Project Messy Church 3 C's Youth Group Sound system Churchyard Sundry Charities Endowment funds Endowment fund TOTAL FUNDS |
1.1.21 £ 298,149 55,281 89 1,461 508 112 3,904 180 100 6,486 168 70 - 4,265 20,750 913 3,907 62 98,256 8,129 404,534 |
Net movement in funds £ (18,904) 109 1,156 139 206 (8,658) (24) 300 242 (650) (446) 63 (515) (764) (8,757) (914) (28,575) |
Gains and Losses £ 16,182 16,182 |
Adjustments £ (6) (6) |
31.12.21 £ 295,421 55,390 89 2,617 647 318 (8,658) 3,904 156 400 6,728 168 70 3,615 20,304 63 398 3,143 62 89,499 7,215 392,135 |
|---|---|---|---|---|---|
Page 9
BRIERLEY HILL TEAM
PAROCHIAL CHURCH COUNCIL
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
10 MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Fabric fund Hand bell restoration Choir Childrens' work Vicar's Discretionary fund Traidcraft Church maintenance New café church Fisher Trust Sound system Messy Church 3 C's Youth Group HLF Project Churchyard Sundry Kingdom people fund Building for the Future fund Flower Guild Charities Christmas tree/fayre fund Organ fund Sundry collections Easy exercise class Lunch club Legion fund Womens fund Craft class Building fund Boiler fund Endowment funds Endowment fund TOTAL FUNDS |
Incoming Resources £ 57,480 109 85 500 1,430 63 746 242 236 1,289 430 500 5,630 2,286 65,396 |
Resources expended £ 76,384 361 274 24 8,658 515 446 1,510 30 1,289 430 650 200 14,387 3,200 93,971 |
Movement in funds £ (18,904) 109 85 139 1,156 (24) (8,658) 63 (515) (446) (764) 242 206 (650) 300 (8,757) (914) (28,575) |
Gains and Losses £ 16,182 16,182 |
Adjustment £ (6) (6) |
Transfer between funds £ |
|---|---|---|---|---|---|---|
Page 10