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|Treasurer to Redcliffe Gardens|Trust|Mr Leo Fraser-Mackenzie|Mr Leo Fraser-Mackenzie||
|---|---|---|---|---|
|Independent
Financial Examiner|and reporting|Mr John Graham|||
|accountant to Redcliffe Gardens|Trust||||
|Bankers||Barclays Bank, Kensington||and|
|||Chelsea Group|||
|Inspecting Architect||Mr Russell
Hanslip of HMDW|||
|||Architects
Ltd|||
|Insurers||Ecclesiastical
Insurance|Group||
|Payroll Facilities||RSM Employer
Services|||
|||Limited|||
|Planned
Giving Secretary||Mr Philip Bedford-Smith|||
|Risk OHicer||Mr Edward
Quinton|||
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||Note|Note|Unrestricted|Restricted|Endowment|Total funds|Total funds|
|---|---|---|---|---|---|---|---|
||||Funds|Funds|funds|2021|2020|
||||||||F.|
|INCOME AND ENDOWMENTS||||||||
|Voluntary
income|2a||109,050|78,771||187,821|144,143|
|Activities for generating
funds|2b||984|13,114||14,098|301|
|Income from investments|2c||30,623||3,993|34,616|35,045|
|Church
activities|2d||80,366|3,375||83,741|42,967|
|Other incoming
resources|2e||5,566|5,452||11,018|8,584|
|TOTAL INCOME|||226 589|100712|3993|331294|231 040|
|EXPENDITURE||||||||
|Church
activities|3a||199,940|35,963||235,903|203,985|
|Raising funds|3b||1,851|2,539||4,390|116|
|Governance
costs|3c||451|||451|425|
|Other resources
expended|3d||4,730|4,560||9,290|1,235|
|TOTAL EXPENDITURE|||206972|43 062||250034|205 761|
|NET INCOME
/ (EXPENDITURE)|||19,617|57,650|3,993|81,260|25,279|
|BEFORE INVESTMENT GAINS||||||||
|TRANSFER FROM|I|Ib||957|(957)|||
|ENDOWMENT TO||||||||
|RESTRICTED FUNDS||||||||
|NET TRANSFERS BETWEEN|I|I a||||||
|RESTRICTED AND||||||||
|UNRESTRICTED FUNDS||||||||
|NET GAINS/(LOSSES) ON|||||28,579|28,579|12,854|
|INVESTMENTS||||||||
|NET MOVEMENT
IN FUNDS|||19,617|58,607|31,615|109,839|38,133|
|BALANCES B/FWD AT|||91,241|83,056|577,532|751,829|713,696|
|I JANUARY 2021 (2020)
BALANCES C/FWD AT||||~l|~91 7|Q36L6H|~2|
|31 DECEMBER 2021 (2020)||||||||
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||||Note|2021|2020|
|---|---|---|---|---|---|
|||||6|6|
|FIXEDASSETS||||||
|Tangible
fixed assets - other||||||
|CURRENT ASSETS||||||
|Debtors||||13,464|11,153|
|RGT CBF Investment
account|held by|custodian||113,511|99,305|
|St Peter's Cranley Gardens CBF Investment||||37,515|32,820|
|account held by custodian||||||
|Louisa Wilson
Legacy CBF Investment||account||77,327|67,649|
|held by custodian||||||
|Cash at bank and in hand:||||||
|RGT - deposit fund
held by custodian||||208,973|208,864|
|St Peter's - deposit fund
held|by custodian|||5,282|5,282|
|RGT CBF Deposit account||||90,392|90,346|
|PCC's CBF Deposit account||||118,858|118,796|
|RGT general
account||||76,147|73,266|
|PCC's general
account||||160,481|64,954|
|||||901,950|772,435|
|LIABILITIES:AMOUNTS|FALLING DUE||8|40,282|20,606|
|WITHIN ONE YEAR||||||
|NET CURRENT ASSETS||||861,668|751,829|
|NET ASSETS||||||
|FUNDS|||10,11,12|||
|Revaluation
reserve
- investments||||103,955|75,376|
|Restricted||||141,663|83,056|
|Unrestricted||||110,858|91,241|
|Endowment||||505,192|502,156|
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|2
INCOME|AND E||NDOWME|NTS||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Total|Funds|
|||||Unrestricted||Restricted|Endowment|2021|2020|
||||||Funds|Funds|funds|||
|||||||E|E|E||
|2(a) Voluntary
income||||||||||
|Planned
giving:||||||||||
|Gift Aid donations|||||67,892|||67,892|85,989|
|Donation
from The Bacon Foundation||||||50,000||50,000||
|Donations
for music scholars||and recitals||||2,790||2,790|1,740|
|Donation for Fabric Fund||||||10,000||10,000|10,100|
|Donations
for Garden Project||||||750||750|333|
|Donations
for garden|benches|||||500||500||
|Tax recoverable|||||19,775|5,875||25,650|24,088|
|Collection
(open plate)|at all services||||6,240|||6,240|5,603|
|Collections
through
Goodbox|||||6,457|||6,457|3,469|
|Collection
boxes in church|||||1,271|||1,271|1,473|
|Sundry donations|||||6,915|||6,915|5,673|
|Donations,
appeals etc||||||8,856||8,856|5,675|
|Legacies|||||500|||500||
|||||E|I09050|E78771|ENIL|E187821|lE 144 143|
|||||Unrestdcted||Restricted|Endowment|2021|2020|
||||||Funds|Funds|funds|||
|||||||E|E|E|E|
|2(b) Activities for generating|||funds|||||||
|Autumn
Fair||||||13,114||13,114||
|Parish lunches|||||||||132|
|Sale of Christmas
cards|and postcards||||984|||984|169|
||||||E984|E I3 114|ENIL|E14098|f301|
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||||||||||Total|funds|
|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Endowment||2021|2020|
||||||Funds|Funds|funds||||
||||||E|E|E||E|E|
|2(c) Income from investments|||||||||||
|Bank and deposit interest|||||94||156||250|1,767|
|Dividends|||||||2,880||2,880|2,781|
|Income from St Peter's|Trust||||||957||957|949|
|Mast income|||||30,529|||30,529||29,548|
||||||E30623|ENIL|E3 993|E34616||E35045|
|2(d) Income from church activities|||||||||||
|Fees for weddings
and|funerals||||3,303||||3,303|2,117|
|Fees —payable to London|||Diocesan|Fund||3,375|||3,375|1,456|
|Church
hire|||||9,915||||9,915|3,'105|
|Church
hall letting:|||||||||||
|Paint Pots|||||52,439|||52,439||27,031|
|AA and NA meetings|||||5,921||||5,921|2,295|
|Other
hall bookings|and||car parking||8,485||||8,485|6,410|
|Church
flowers|||||170||||170|175|
|Coffee income|||||133||||133|78|
||||||EBO366|E3 375|fNIL|E83 741||E42967|
|2(e) Other incoming||resources|||||||||
|Recovery ofVAT|||||1,194|760|||1,954|1,373|
|Recovery ofexpenses|||||2,565|2,292|||4,857|2,108|
|Recovery of floodlighting||costs|||1,807||||1,807|1,088|
|Recovery through
Furlough|||Scheme|||||||2,115|
|Recovery of Deanery costs||||||2,400|||2,400|1,900|
||||||ES 566|ES452|ENIL|E I|I 018|EB584|
|TOTAL INCOME|||||E226 589|EIOO 712|E3993|E331 294||E231 O'IO|
##
|3
EXPENDITURE|3
EXPENDITURE|3
EXPENDITURE|3
EXPENDITURE|||||||Total|Funds|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted|Endowment|2021|2020|
||||||||Funds|Funds|funds|||
|||||||||6||6||
|3(a) Church
activities||||||||||||
|Missionary
and charitable||||giving:||||||||
|Home missions
and other|||||Church Societies|||||||
|Bishop of London's|Lent|||Appeal||||200||200|200|
|Other charitable
donations:||||||||||||
|The RAHAB pro)ect||||||||4,319||4,319|1,681|
|USPG||||||||4,319||4,319|1,681|
|Housing Justice||||||||1,440||1,440|561|
|The GoGo Trust||||||||1,440||1,440|561|
|Fearless||||||||1,440||1,440|561|
|Less: amounts
brought|||forward|||from 2020|||||(2,164)|
|Compassion
UK||||||||1,607||1,607|557|
|St Cuthbert
with St|Matthias||||||||||802|
|C of E Primary School||||||||||||
|Glass Door||||||||1,035||1,035||
|Other||||||||3 631||3631|I 177|
|||||||||19431||19431|5617|
|Ministry:||||||||||||
|Diocesan parish share|||||||90,000|||90,000|90,000|
|Clergy expenses|||||||57|||57|216|
|Vicarage expenses|||||||1,050|||1,050|1,637|
|Clergy cover|||||||200|||200||
|Fees paid to London||Diocesan||||Fund||3,375||3,375|1,456|
|Sanctuary|||||||802|||802|338|
|Church
- insurance|||||||8,605|||8,605|8,884|
|Church
- running
expenses|||||(light, heat,||7,710|||7,710|6,379|
|cleaning)||||||||||||
|Church
maintenance|||||||5,214|||5,214|4,947|
|Garden
maintenance||||||||3,968||3,968|2,616|
|New vestry boiler|||||||||||2,774|
|Sunday school and youth||||group expenses||||750||750||
|Second Half Club|||||||69|||69|58|
|Church
music|||||||15,066|837||15,903|12,501|
|Church
music —music||scholars|||||1,245|1,290||2,535|2,510|
|Church
music - recitals||||||||1,500||1,500||
|Church
music —fees|recovered for services|||||||2,412||2,412|805|
|Verger's
salary and costs|||||||16,881|||16,881|16,618|
|Administration:||||||||||||
|Parish Manager|||||||28,950|2,400||31,350|24,239|
|Printing
and stationery|||||||1,622|||1,622|1,356|
|Other costs|||||||6,062|||6,062|4,934|
|Church
Hall - water rates|||||and council tax||2,394|||2,394|1,859|
|Church
Hall - running||expenses||||(light, heat,|12,717|||12,717|10,003|
|cleaning)||||||||||||
|Church
Hall maintenance|||||||1,296|||1,296|4,238|
||||||||6199940|f35963|ANIL|6235 903|E203985|
##
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||||||||||Total|funds||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restri«ted|Endowment|2021||2020|
|||||||Funds|Funds|funds||||
|||||||E|E|E|||E|
|3(b) Generation|ofvoluntary||||income|||||||
|Expenditure
on Autumn||||Fair|||2,539||2,539|||
|Expenditure
on Christmas||||cards||1,309||||||
|Goodbox charges||||||415|||415||116|
|Expenditure
on flowers||||||127|||127|||
|||||||E I 851|E2 539|ENIL|E4 390||E
I
I6|
|3(c) Governance||Costs||||||||||
|Independent
examiner's|||remuneration|||E451|ENIL|ENIL|6451||E425|
|3(d) Other resources|||expended|||||||||
|Legal and professional||charges:||||||||||
|Consultancy
regarding|||heating||system||4,560||4,560|||
|Inspection
of spire||and|balustrade|||3,550|||3,550|||
|Other||||||1,180|||1,180||1,235|
|||||||E4 730|E4 560|ENIL|E9290|E|I 235|
|TOTAL EXPENDITURE||||||6206972|E43 062|ENIL|E250034|E205 761||
|4
STAFF COSTS||||||||||||
|||||||||2021||2020||
|||||||||E|||E|
|Wages and salaries|||||||45,450|||44,071||
|Social security costs||||||||3,670||3,081||
|Pension costs||||||||2,550||1,938||
||||||||ES|I 670||E49090||
|Less: PAVE credit|||||||3 670|||3081||
||||||||E48,000|||E46,009||
##
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||Parish|Hall, kitchen|Piano|Computers|Computers|Telephone|Total|
|---|---|---|---|---|---|---|---|
||offices|and hall flat||||&security||
|||refurbishment||||systems||
|||||||E||
|GROSS BOOKVALUE||||||||
|At
I January
2021|32,681|46,392|8,600|2,5|18|4,485|94,676|
|Additions||||||||
|Disposals||||||||
|At 31 December 2021|32681|46 392|8600|2518||4485|94676|
|DEPRECIATION||||||||
|At
I January
2021|32,681|46,392|8,600|2,518||4,485|94,676|
|Disposals||||||||
|Charge for the year||||||||
|At 31 December 2021|32681|46 392|8600|2518||4485|94676|
|NET BOOK VALUE||||||||
|At 31 December 2021|E NIL|ENIL|ENIL|ENIL||E NIL|ENIL|
|At 31 December 2020|E NIL|ENIL|ENIL|ENIL||E NIL|ENIL|
|6|D|EBTORS||||||
|---|---|---|---|---|---|---|---|
||||||2021||2020|
||||||E||E|
|Bank and deposit interest|||due|||||
|Prepayments||and accrued|income||13,464||11,153|
||||||EI3464||EII 153|
|7|INVESTMENTS|||||||
|||||Redcliffe|St Peter' s|Louisa Wilson|Total|
|||||Gardens|Cranley|Legacy|investments|
|||||Trust|Gardens|||
||||||Trust|||
||||||E|||
|Market|value|at
I January|2021|99,305|32,820|67,649|199,774|
|Net gains I (losses)||||14,206|4,695|9,678|28,579|
|Market|value|at 31 December 2021||EII3511|E37515|E77327|E228353|
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||WITH|IN ONE YEAR|||
|---|---|---|---|---|
||||2021|2020|
|||||E|
|Deferred|income||20,226|8,090|
|Accruals|of utility|and other costs|95|105|
|Creditors|for goods and services:||||
|Goods|and services||1,581|4,660|
|Charitable|donations||15,531|5,846|
|Other creditors|||2,849|1,905|
||||E40282|E20606|
##
|10
FUND D|ETAILS|||
|---|---|---|---|
|||2021|2020|
||||E|
|General
Fund (unrestricted)||110,858|91,241|
|The Bacon Foundation|Fund|50,000||
|Associate Vicar's Stipend
Fund||31,750|32,500|
|Fabric Fund||58,161|49,461|
|Garden
Regeneration|Fund|1,752|1,095|
|St Mary's
Redcliffe Gardens Trust||419,513|416,476|
|St Peter's Cranley Gardens Trust||31,545|31,545|
|Louisa Wilson
Legacy||54,134|54,134|
|Revaluation
Reserve -|investments|103,955|75,377|
|||E861 668|E751 829|
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|||||Unrestricted|The|Bacon|Associate|Associate|Fabric Fund|Garden|'Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Funds|Foundation||Vicar's|Stipend||Regeneration|(Restricted and|
||||||Fund||Fund|||Fund|Unrestricted)|
||||||E|||||E|E|
|Balance|at|I January|2021|91,241||||32,500|49,461|1,095|174,297|
|incoming|resources|||226,589||50,000|||13,260|4,625|294,474|
|Resources|expended|||(206,972)||||(750)|(4,560)|(3,968)|(2
I6,250)|
|Investment|gams|||||||||||
|Balance|at|31 December||110858||50000||f3l 750|E58 161|EI 752|E252 521|
|2021||||||||||||
|(b) Unrestricted,|(b) Unrestricted,|(b) Unrestricted,|restricted|and endowment|and endowment|funds||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||Unrestricted||Restricted||Restricted|St Mary' s|St Peter' s|Louisa|Total|
|||||Funds|income||funds|Redclilfe|Cranley|Wilson|Funds|
|||||||and|(analysed|Gardens|Gardens|Legacy||
||||||expenses||above)|Trust|Trust|||
|||||||E|E||E|||
|Balance at||I January 2021||91,241|||83,056|471,781|38,102|67,649|751,829|
|Incoming|resources|||226,589|32,827||67,885|3,036|957||331,294|
|Resources||expended||(206,972)|(33,784)||(9,278)||||(250,034)|
|Investment||gains I (losses)||||||14,206|4,695|9,678|28,579|
|Transfer of St Peter' s||||||957|||(957)|||
|income||||||||||||
|Balance at||31 December||110858||ENIL|E'141 663|E489023|E42797|E77327|E'861 668|
|2021||||||||||||
|I2|SUMMARY OF ASSETS BYFUND|SUMMARY OF ASSETS BYFUND|||||
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|Funds|
|||Funds|Funds||2021|2020|
|||E|E||E|f.|
|Fixed assets|||||||
|Current|assets|134,869|157,934|609,147|901,950|772,435|
|Current|liabilities|(24,011)|(16,271)||(40,282)|(20,606)|
|||EIIO 858|EI41 663|f609 147|6861 668|E751 829|
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