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2021-12-31-accounts

Unrestricted Designated Restricted Total Total
funds funds funds 2021 2020
Notes F. f f f f
INCOME
Donations,
grants and legacies		 222,272 4,796 1,190 228,258 1,093,863
Income from charitahle
activities		 14,261 3,112 17,373 20,288
Income from other trading
activities		 20,307 20,307 19,443
Investment
income		 793 1,797 2,590 1,912
Total income 3 257)633 6)593 4)302 268)528 1)135)506
EXPENDITURE
Raising funds 1,082
Expenrliture
on charitahle
activities		 268,159 34,580 302,739 1,359,025
Total expenditure 4 268,159 34,580 302,739 1,360,107
NET INCOME /(EXPENDITURE) (]0,526) (27,987) 4,302 (34,211) (224,601)
BEFORETRANSFERS
TRANSI-ERS BETWEEN FUNDS
NET INCOME / (EXPENDITURE)
BEFORE OTHER GAINS (10,526) (27,987) 4,302 (34)211) (224,601)
GAINS ON INVESTMENT ASSETS 11,833 15,399 27,232 3,449
NET MOVEMENT
IN FUNDS		 1,307 (12,588) 4,302 (6,979) (221,152)
FUND BALANCES AT 1JANUARY 2021 143,972 539,646 13,672 697,290 918,442
FUND BALANCES AT31DECEMBER 2021 11 145,279 527,058 17,974 690,311 697,290

COMPARATIVE
STATEMENT OF FINANCIAL
FOR THE YEAR ENDED 31DECEIVIBER 2020		 ACTIVITIES
Unrestricted Designated Restricted Total
funds hmds funris 2020
E E f. f
INCOME
Donations,
grants and legacies		 168,564 715,000 210,299 1,093,863
Income from charitable
activities		 18,434 26 1,828 20,288
Income from other trading
activities		 19,443 19,443
Investment
Income		 1,604 308 1,912
Total income 208,045 715,026 21.2,435 1,135,506
EXPENDITURE
Raising funds J.,082 1,082
Expenditure
on charitable
activities		 242,422 295,413 82'1,190 1,359,025
Total expenditure 242 422 295i413 822p272 1i360i107
NET (EXPENDITURE) /INCOME (34,377) 419,613 (609,837) (224,601)
BEFORETRANSFERS
TRANSFERS BETWEEN FUNDS 74,502 (74,971) 469
NET (EXPENDITURE) / INCOME
BEFORE OTHER GAINS/(LOSSES) 40,125 344p642 (609,368) (224,601)
GAINS ON INVESTMENT ASSETS 3,449 3,449
NET MOVEMENT
IN FUNDS		 43,574 344,642 (609,368) (221,152)
FUND BALANCES AT 1,IANLIARV 2020 100,398 195,004 623,040 918,442
FUND BALANCES AT31DECEMBER 2020 143,972 539,646 13,672 697,290

2021 2020
Notes E E
FNED ASSETS
Tangible assets 39,363 59,045
CURRENT ASSETS
Debtors 8 7,911 219,947
htvestments 9 336,040 53,860
Cash at bank and in hand 332,761 445,343
676,712 719,150
CREDITORS: amounts falling
due within one year 10 (25,764) (80,905)
NET CURRENT ASSETS 650,948 638,245
NET ASSETS 690,311 697,290
FUNDS 11-13
Un l estrlrted:
Designated S27,058 539,646
Other unrestricted 145,279 143,972
672,337 683,618
Restricted 17,974 13,672
TOTAL FUNDS 690,311 697,290
Signed on behalf ofthe PCC I&y

2021 2020
Notes E
NET CASH FLOW PROVIDED BYOl'ERATING AC I IVITIFS 139,776 (168,199)
CASH FLOWS FROM INVESTING ACTIVITIES
Interest received 24 431
Dividends
received		 1,789
Porc(rase offixed assets (50,051)
Purchase of investments (254,171)
CASH FLOWS FROM FINANCING ACTIVITIES
Diocesan loan received 70,000
Repayment
of diocesan
loan		 (70,000)
Interest
paid		 (563)
NET CASH FLOW 2 (112,582) (218,382)
The charity
had Enil debt at the		 beginning and encl ofthe year.
NOTES TO THE CASHFLOW STATEMENT FOR THE YEAR ENDED 31DECEMBER 2021
1 IIECONCILIATION
OF NFF MOVEMLNT		 IN FUNDS TO NET CASIt I-LOW FROM OPERATING
AC1 IVITIES
2021 2020
f f
Net movement
in funds for the year		 (6,979) (221,152)
Investment
income		 (2,590) (1,912)
Depreciation 19,682 2,998
Decrease/(increase)
in debtors		 212,036 (15,415)
(Decrease) / increase
in creditors		 (55,141) 70,168
Increase
in investment
assets		 (27,232) (3,449)
Interest
paid		 563
Net cash flow from operating activities 139,776 (168,199)
2 NFT CASH AND CASH EOIJIVALEN'FS MOVEMENI 2021 2020
E E
Cash at the end ofthe year 332,761 445,343
Cash at start ofthe year 445,343 663,725
Decrease
in cash
in the year		 (112,582) (218,382)

3 INCOME Unrestricted Restricted Total rotal
funds funds 2021 2020
E E
Donations,
grants and legacies
Regular giving 127,040 127,040 127,293
Collections 2,306 2,306 1,298
Envelopes 15 15 1,171
Donations 55,123 55,123 37,434
Legacies 4,373 1,000 5,373 715,000
Gift aid 37,332 190 37,522 34,545
Grant income 879 879 177,122
22'7,068 1,190 228,258 1,093,863
Income from charitable activities
Parochi a Ifees 4,642 4,642 5,102
Parish & Family Activities income 250 250 309
Community
&. Funclraising		 Event income 523
Miscellaneous
Sales income		 109 109 4,740
Magazine
subs		 1,068 1,068 848
Hire St Pauls Preschool 7,864 7,8G4 7,369
Youth and Children's work income 92
TOGS income 313 313
Filends Subscription income 15 1,375 1,390 1,305
Friends Event income 1,737 1,737
14,261 3,112 17,373 20,288
Income from other trading activities
Magazine
adveHs		 1,14G 1,146 836
Facilities Hire 7,879 7,879 5,923
Hire
Flo&ian Dance School		 500 500 3,103
Parking 10,782 10,782 9,581
20,307 20j307 19p443
Investment
income
Interest 24 24 431
Dividends 2,566 2,566 1,481
2,590 2,590 1,912
TOTAL INCOME 264,226 4,302 268,528 1,135,506

4 EXPENDITURE Unrestricted Restricted Total Total
funds funds 2021 2020
CHARITABLE ACTIVITIES f f
Raising funds
Fundraising
costs		 1,082
1,082
Expenditure
on charitable		 activities
Diocesan Common Mission fund 133,305 133,305 120,000
Parochial
Fees
—Diocesan Share		 1,328 1,328 3,911
Parish & Family Activities expenditure 1,317 1,317 453
Printing,
postage		 anti stationery 5,290 5,290 3,767
Computer
running		 expenses 1,683 1,683 1,250
Insurance 5,279 5,279 5,051
Admin
salaries		 41,310 41,310 35,396
Working costs 7,236 7,236 5,980
Maintenance 17998 17,998 22,930
Cleaning and garrlening 7,174 7,174 6,028
Utilities 12,044 12,044 5,011
Music 3 445 3,445 1,874
Professional
fees		 1,980 1,980 6,000
Youth
&.Children's		 work expenditure 17,308 17,308 17,285
Mission giving 10,525 1.0,525 9,704
Other giving 600
St Matthews
Flowers expenditure		 115 115 89
St Pauls Flowers expenditure 634 634
Music as mission expenditure 4,956
Building for Life expenditure 14,888 14,888 1,105,069
Bank charges 198 198 110
Diocesan loan interest 563
Depreciation 19,682 19,682 2,998
302,739 302g739 1p359p025
Total expenditure 302,739 302,739 1,360,107

Grants a nd do na tions
of		 over E1,000made to institutions
and other charities		 during the year were as follows;
2021 2020
E E
USPG 1,500 1,500
CMS 1,500 1,500
Other regular giving 7,525 7,304
10,525 10,304
Amounts collected on behalf ofother cha& ities this year were as follows:
St Martins in the Fields Appeal 198
Hampshire and islands Historic Churches Trust 695
Winchester Hospice 695
198 1,390
6 EMPLOYED STAFF COSTS AND NUMBERS
2021 2020
f
Salaries and wages 64,486 62,096
Employer's pension costs 2,210 2,072
66,G96 64,168

7 TANGIBLE ASSETS
Church Fixtures and IT
Total
orgalt Fittings Equipment
E E f
COST
At beginning
of year		 14,990 43,071 6,980 65,041
Additions
At end ofyear 14,990 43,071 6,980 65,041
DEPRECIATION
At beginning
of year		 5,996 5,996
Charge 2,998 14,357 2,327 19,682
At end of year 8,994 14,357 2,327 25,678
NET BOOK VALUE
At end of year 5,996 28,714 4,653 39,363
At beginninp
of year		 43,071 6,980 59,045
8 DEBTORS 2021 2020
E E
Other debtors 5,997 14,881
Prepayments
and accrued income		 1,914 205,066
7,911 219,947
9 INVESTMENTS 2021 2020
E E
Market value of investments at beginning ofyear 53,860 48,930
Investment
adclitions		 254,171
Dividends
reinvested		 777 1,481
Gain on revaluation of investment assets 27,232 3,449
Market value of investments at end ofyear 336,040 53,860
10 CREDITORS: amounts falling due withm one year 2021 2020
E E
Trade creditors 2,938 656
Taxation and social security 496 346
Agency collections 198
Accruals 17,939 79,377
Deferred income 4,193 526
25,764 80,905

Balance at Transfers Balance at
1January between 31December
2021 Income Expenditure funds 2021
f f E f
Restricted funds
Children's
Work		 11,099 11,099
Riley Bequest 1,000 1,000
Friends of St Ivlatthew with St Paul 2,173 3,302 5,475
St Matthew' s 400 400
13,672 4,302 17,974
Designated funds
Capital
Fund		 59,045 (19,682) 39,363
Building for Life 15,652 431 (14,898) 1,185
Scott Bequest 464,949 21,561 486,510
539,646 21,992 (34,580) 527,058
Unrestricted funds 143i972 269i466 (268i159) 145,279
Tota I funds 697,290 295,760 (302,739) 690,311

Balance at Transfers Balance at
1January between 31December
2020 Income Expenditure funds 2020
E E f
Restricted funds
Building for Life 606,831 210,486 (817,317)
Chilclren's
Work		 11,099 11,099
Music as Mission 4,486 (4955) 469
Friends of St Matthew with St Paul 624 1,549 2,173
St Matthews 400 400
623,039 212,435 (822,272) 469 13,672
Designated funds
Wilkins Bequest 91,910 26 (91965) 29
Capital
Fund		 11,992 (2,998) 50,051 59,045
Building for Life 91,]02 (200,450) 125,000 15,652
Scott Bequest 715,000 (250,051) 464,949
195,004 715,026 (295,413) (74,971) 539,646
Unrestricted funds 100,398 211,494 (242I422) 74,502 143,972
Total funds 918,441 1,138,955 (1,360,107) 697,290

13 ANALYSIS OF FUNDS Other
Restricted Designated unrestricted Total
funds funds funds 2021
Fund balances as at 31December 2021 rtre represented by. ' E E E
Tangible
fixerl assets		 39,363 39,363
Invest ments 240,398 95,642 336,040
Other current, assets 30,518 247,297 62,857 340,672
Current
liabilities		 (12,544) (13,220) (25,764)
17,974 527,058 145,279 690,311
Other
Restricted Designated unrestricted Total
funds funds funds 2020
Fund balances as ar 31December 2020 are represented by: E
Tangible fixed assets 59,045 59,045
investntellts 53,860 53,860
Other current assets 46,672 518,101 100,517 665,290
Current liabilities (33,000) (37,500) (10,405) (80,905)
13,672 539,646 143,972 697,290