2021-12-31-accounts

PCC members who		have serve	d at any time from	1January 2	021 until th	e date	of	this report
ExOfficio members
Incumbent:			*Revd Mike Smith
Associate Vicar:			*Revd Penny Cuthbert
Associate Priest:			Revd Rachel Ross Smith
Curate:			Revd Andy Storch
Lay Readers:			Phil Blackburn		Anthony	Wisdom
Churchwardens:			*Jeyasingh John	Samuel	Steve Jenkins (to 13June 2021)
			Francis Serjeant	(from 13June 2021)
			Ralph TaylOr (to	13June 2021)	Bridget Cumming			BruCe
			*Peter StrattOn	((from 13June 2021)
			David Spencer		*Sally Harlow
Elected members
Deanery Synod:			Ralph Taylor		*Peter Stratton
(from 2020 for 3years)			Jacquie Kavanagh		Richard	Purkis
Lay Representatives:
StJohn:			SStM 5 t:		St Peter:
Seanaid AnderSOn	ito June Zatt)		Matthew Anderton		Shirley Scola (to		June 2021)
Sarah Smith			Jane Reason		Richard	Larkin
Ann Deane			Anne Taylor		Jonathan	Wheeler
TOni Smith (from June		2021)			Jenny Harrison		(from June 2021)
Co-opted members		(ifnot already members)
Treasurer:			*Richard Larkin
Secretary:			*Caroline Smith
*Members marked		with an asterisk are/were also members ofthe Standing Committee

					2021			2020
				Unrestricted	Restricted	TOTAL	Unrestricted	Restricted	TOTAL
				Funds	Funds	Funds	Funds	Funds	Funds
			Notes
INCOME
Donations and legacies
Income from donations		and legacies	2a	557,529	1,945	559,474	200,032	3,684	203,716
Other voluntary income			2b	12,381	4,004	16,385	9,732	12,536	22,268
Income from Investments			2c	50,324	44,362	94,686	14,344	37,341	51,685
Income from other trading activities			2d	27,832	1,497	29,329	15,005	138	15,143
TOTAL INCOME				648,066	51,808	699,874	239,113	53,699	292,812
EXPENDITURE
Charitable expenditure
Donations and grants			3a	5,051	20,530	25,581	4,482	30,462	34,944
Activities relating to Church work			3b	218,938	3,063	222,001	203,683	4,506	208,189
Church management	&	admin	3d	17,340		17,340	22,216		22,216
Costs of raising funds
Costs of Parish property			3e	19,953	29,356	49,309	13,502	19,597	33,099
Fund-raising and publicity			3c	917		917	912		912
TOTAL EXPENDITURE				262,199	52,949	315,148	244,795	54,565	299,360
GAINS AND LOSSESON INVESTMENTS
Property Valuations			4a		1,750	1,750		(25,000)	(25,000)
CBFInvestments			4b/4c	5,273	76,455	81,728	2,627	19,620	22,247
				5,273	78,205	83,478	2,627	(5,380)	(2,753)
NET INCOME/(EXPENDITURE)				391,140	77,064	468,204	(3,055)	(6,246)	(9,301)
NET MOVEMENT IN FUNDS				391,140	77,064	468,204	(3,055)	(6,246)	(9,301)
RECONCIUATION OF FUNDS
TOTAL FUNDS BROUGHT	FORWARD			241,760	2,308,081	2,549,841	244,813	2,314,327	2,559,140
Rounding					(4)
TOTAL FUNDS CARRIED	FORWARD			632r906	2r385r141	3rD18047	241,760	2,308,081	2,549,841

				2021		2020
			Unrestricted	Restricted	Total	Total
		Notes	Funds	Funds	Funds	Funds
INVESTMENTS
Investment	Property	4a		1,330,000	1,330,000	1,755,000
Unit Trusts		4b	184,036	779,835	963,871	309,932
			184,036	2,109,835	2,293,871	2,064,932
CURRENT ASSETS
Debtors and	prepayments	6	19,092	15,060	34,152	33,410
Short term deposits		4c	311,146	212,381	523,527	286,257
Cash at bank	and In hand	4d	142,795	55,809	198,604	212,283
			473,033	283,250	756,283	531,950
CREDITORS:
AMOUNTS FALLING DUE
WITHIN ONE YEAR			(24,163)	(7,944)	(32,107)	(47,041)
NET CURRENT ASSETS			448,870	275,306	724,176	484,909
NET ASSETS			632,906	2,385,141	3,018,047	2,549,841
FUNDS
Unrestricted			632,906		632,906	241,760
Restricted				2,385,141	2,385,141	2,308,081
			632,906	2,385,141	3,018,047	2,549,841

2	INCOME	INCOME
						Unrestricted	Restricted	Total	Funds
						Funds	Funds	2021	2020
						f		f	f
2a.	Income	from Donations		and	Legacies
	Planned	Giving with Gift		Aid		115,501		115,501	124,198
	Income	Tax refund				31,273	288	31,561	31,864
	Planned	Giving -	Non Gift Aid			3,466		3,466	2,859
	Collections (open		plate)	at services		1,682		1,682	2,057
	Sundry	donations	&Transfers		In	29,407	1,657	31,064	32,738
	Legacies					376,200		376,200	10,000
						557,529	1,945	559,474	203,716
2b.	Other voluntary		Income
	Fundraising &Appeals					2,089	4,004	6,093	3,800
	Charitable Collections					2,239		2,239	625
	External	Grants (Church		House)		8,053		8,053	17,843
						12,381	4,004	16,385	22,268
2c.	Income	from Investments
	Dividends and interest					5,841	6,830	12,671	7,294
	Rent					44,183	33,341	77,524	37,772
	Church	House lettings etc.				300	4,191	4,491	6,619
						50,324	44,362	94,686	51,685
2d.	Income	from other Trading Activities
	Church	Fete
	Church	Lettings				21,132		21,132	11,755
	Fees					6,700		6,700	3,250
	Other incomings		(St P &	St M	Bells)		1,497	1,497	138
						27,832	1,497	29,329	15,143
	TOTAL INCOME					648,066	51,808	699,874	292,812

3	EXPENDITURE						UnrestrIcted	Restricted	Restricted	Total Funds
							Funds	Funds		2021	2020
							f			f	f
3a.	Donations
	Missionary and charitable		giving:
	Home						3,000			3,000	2,626
	Overseas						1,051			1,051	624
	Transfer between unrestricted			to restricted			1,000	7,780		8,780	1232
	Expenditure withdrawn	from		restricted		funds					15,000
	Church House Grants							12,750		12,750	15,462	Motet
							5,051	20,530		25,581	34,944
3b.	Activities directly relating		to	the	work
	ofthe Church
	Ministry: Diocesan quota						114,174			114,174	124,173
	Ministry: Diocesan rebate						(6,419)			(6,419)	(6,154)
	Clergy expenses, inc training			&retreats			1,396			1396	4,566
	Incumbent's Expenses						1,154			1,154	2,007
	Church running expenses						40,113			40,113	30,379
	Church maintenance						38,457		830	39,287	16,770
	Fresh Expressions &community				work		99			99	323
	Youth Work						20,428			20,428	20,275
	St Peters Re-ordering	expenses							579	579	4,183
	St P &ST M bell tower	costs						1,654		1,654	323
	Upkeep ofservices						9,536			9,536	11,344
							218,938	3,063		222,001	208,189
3c,	Fund-raising and publicity						917			917	912
3d.	Church management	and	administration				17,340				22,216
3e.	Costs of Parish property						14,820	19,791		34,611	28,809
	Professional Fees						5,133	9,565		14,698	4,290
							19,953	29,356		49~	33,099
	TOTAL EXPENDITURE						262,199	52,949		315,148	299,360

						2021	2021	Restricted	TOTAL
Freehold Investment Property	(cnt/d)				Gain /	loss	Sale	2021	2021	2020
(Restricted)							Proceeds	f	f	E
6Gosbrook Road						0	0	180,000	180,000	180,000
Church House						0	0	600,000	600,000
25 llkley Road						0	0	550,000	550,000	550,000
51Galsworthy Drive						1,750	-426,750	0	0	425,000
(Sale price f1,750above book		value)
								1,330,000	1,330,000	1,755,000
Investments (IVote 2/					Unrestricted			Restricted	2021	2020
					Undesignated		Designated		Total	Total
					f		E		f	E
St Peter's Church
Balmore Hall Fund								208,703	208,703	182,829
8924shares in CCLA Investment		Fund
at E23.3867(2020:620.4873)
StPeters Reserve
2579Acc shares In CCIA Investment			Fund		150,457
at E58.3233(2020:0)
St Margaret's Church
Badger Bequest								3,017	SP27	2,638
129shares In CCLA Investment		Fund
atf23.3867(2020:E20A873)
Church Fabric Fund
1169.46(2020:1138.33)shares		In					27,350		27450	23321
CCIA Investment Fund
at E23.3867(2020: E20.4873)
Mlsceganeous Fund
266.34shares In CCIA Investment			Fund			6,229			6,229	5,456
atf23.3867(2020:f20.4873)
Cavershem Parochial Fund
COB Parish Reserve								446,397	446397		note Z
19087.64shares ln CCLA Investment				Fund
Income units (2020:0)
atf23.3867(2020: N/A)
Church House
Haslam Bequest Maintenance	Reseme							59,626	59,626	56,426
1022.34(2020:1137.17)shares		In
CCLA Investment Fund
atf583233(2020:f49.6199)
Church House Reserve								62,092	62,092	39,262
2655.02 (2020;1920.02) shares		In
CCLA Investment Fund
at E23.3867(2020 E20A467)
TOTAl INVESTMENT VALUE					156,686		27,350	779,835	963,871	309,932
							Unrestricted	Rsntrlcted	TOTAL2021	2020
Market Value at 1Ianuary 2021(Property)								1,755,000	1,75528M	1755000
Market Value at 1January 2021 (exc			property)				28,777	281,155	309,932	287,826
Income Reinvested							684		684
Gain / Loss on property								1,750	1,750
Gain/(loss)exdudlng income relnvested							4474	76,455	81,029	22,106
New Investments							150,000	15,000	165,MO
Less Galsworthy Drive Sale Costs								(13,250)	(13,250)
Less E6275 transfer out for CH	maintenance							(6,275)	(6,275)
Market Value at31December							184,035	2,109,835	2,293,870	2,064,932

4c.	Short Term Deposits	Short Term Deposits
				Unrestricted		Restricted	2021	2020
				Undesignated	Designated		Total	Total
				f	f			f
I.	St Peter's Church
	CBFDeposit A/c	- Legacy Fund			4,004		4,004	4,001
	CBFDeposit A/c	—Peter Shock Estate				1,441	1,441	1,440
	Barclays High Interest A/c - St Peter' s					41,024	41,024	39,490
	Church Appeal
	CBF Deposit A/c	- Keith Drow Fund				1,077	1,077	1,077
	CBF Deposit A/c	- Balmore Hall				67,733	67,733	62,396
	Fund "Income"
	Barclays High Interest A/c - St.Peter' s			236,915			236,914	19,912
	General Fund
	Bellringers NS&l	Investment A/c				40,587	40,587	40,584
				236,915	4,004	151,862	392,780	168,900
ll.	Church House
	NatWest "Society Reserve A/c"					54,402	54,402	54,396
						54,402	54,402	54,396
ill.	St Margaret's Church
	Barclays Deposit	A/c - Tower Appeal				1,232	1,232	1,232
	CBFDeposit A/c	- Coker Bequest						500 Note 1
	CBFDeposit A/c	—Fabric Fund			3,639		3,639	3,637
	CBFDeposit A/c	- Miscellaneous	Fund	16,200			16,200	16,200
				16,200	3,639	1,232	21,071	21,569
Iv.	Caversham ParochIal Fund
	CBF Deposit A/c	- Prop Malnt Reserve A/C			20,494		20,494	21,483
	Barclays Deposit	A/C		29,894			29,894	15,027
				29,894	20,494		50,388	36,510
vl.	Held for Caversham Group Ministry
	CBF Deposit A/c	- Nash Memorial
	Fund- Capital					1,166	1,166	1,166
	Income					3,719	3,719	3,716
						4,885	4,885	4,882
	TOTAL SHORT TERM DEPOSITS			283,009	28,137	212,381	523,527	286,257

							2021	2020
				Unrestricted		Restricted	Total	Total
					f	f	f	f
Caversham Parochial	Fund				14,770		14,770	9,860
Caversham Parochial	Fees A/c				5,586		5,586	7,606
Incorporated In accounts for Rrst		time
Church House						49,458	49,458	61,608
Fete Account					401			601
St Peter's Church					29,086		29,086	18,417
StMargaret's Church					18,761		18,761	27,329
StJohn's Church					74,191		74,191	80,355	Note 3
Bellringers:
StPeter						1,393	1,393	1,521	Note4
StMargaret						4,958	4,958	4,986
					142,795	55,809	198,604	212,283
Other bank accounts
Other bank accounts	operated	In the Parish,		but not	included	in these Financial	Statements, together	with their
balances at 31December 2021		are detailed	below:-
							2021	2020
							E	f
StPeter's choir							1,449	1,609
StPeter's refreshments								750	Note 3
StPeter's flowers							281	198
Church House rent Deposit Account							13,103	8,603	Note 2

Including al	lowance for Debtors &Creditors
		Church	Balmore	Begrlngers		Other	TOTAL
		House s	Hall	St M &St	P	Funds
		E	f	f		f
Balance brought forward 1January 2021		806,203	245,225	47,091		1,209,562	2,308,081
Changes to	Property Valuation					1,750	1,750
Income
	Rents received	37,532					37,532
	Dividends and interest	1,481	5,337		4	8	6,830
	Otherlncome			1,497		5,949	7,446
ExpendIture
	Property	(19,967)				(10,219)	(30,186)
	St P &St M Bells+ St P Reordering			(1,654)		(579)	(2,233)
Transfers between funds		(12,750)				(7,780)	(20,530)
Gains on Investments		17,305	25,874			33,276	76,455
						(4)	(4)
Balances carrIed forward 31December 2019		829,804	276,436	46,938		1,231,963	2,385,141
		s Includes Haslam	Bequest Funds
DEBTORS & PREPAYMENTS
		2,021	2,021	2,021		2JJ20
		Unrestricted	Restrkted	TOTAL		TOTAL
		f	f	f		f
Income Tax	Recoverable	5,751		5,751		2,974
Debtors and Pre-payments		13,341		28,401		30,436
Rent Arrears
CREDITORS: AMOUNTS DUE WITHIN ONE YEAR
		2,021	21I21	2,021		2JI20
		Unrestricted	Restricted
		6	E	f		f
Accruals and Deferred Income		24,163	4,681	28,844		43,229
Unpresented	Church House cheques		536
		24,163	5,217	28,844		43,229

				2021
		Unrestricted	Restricted	Total
	2021	f	f	f
Investments		184,036	2,109,835	2,293,871
Current	Assets	473,033	283,250	756,283
Current	liabilities	(24,163)	(7,944)	(32,107)
		632,906	2,385,141	3,018,047
				2020
		Unrestricted	Restricted	Total
	2020	f	f	f
Investments		28,777	2,036,155	2,064,932
Current	Assets	250,024	281,926	531,950
Current	liabilities	(37,041)	(10,000)	(47,041)
		241,760	2,308,081	2,549,841