2021-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St John The Baptist, Croydon

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Co	ntents				Pages
Annual Report					3- 8
	Reference and administrative			inforination	3
2.	Structure governance	and management			3 —5
	2. 1 PCC (Trustee) responsibiliues
	22 PCC (Trustee) appoinunents
	2.3 PCC Comminees
	2.4 Pubhc benefit
3.	Achievements and perforinance				5-7
	3. 1 Our Mission
	3.2Worship and Prayer
	3.3 PCC Review ofthe	Year
4.	Financial review
5.	Charitable grants
6.	Invesunent policy
7.	Reserves policy
8.	Risk assessment and exposures
9.	Plans for the future
10,	independent Exammer
Independent Examiner's			reporc

Independent Examiner'	Independent Examiner'	s reporc	s reporc	s reporc
Statement of Financial		Activities			IO
Statement of Financial		Activities (2020 comparative)			IOA
Balance Sheet
Notes to the Financial		Statements			12 —20
	Accounting policies				12 —13
2.	Income				14
3.	Expenditure				IS
	Staff costs				16
5.	Tangible fixed assets (for use			by the PCC)	16
6.	Fixed asset investments				17
7.	Debtors				17
8.	Short term deposits				17
9.	Credrtors				17
10.	Analysis ofnet assets	by fund			18
I I.	Fund movements (including		descriptions)		19 —20
12.	Vicar and churchwardens'		trusts		21
13.	Revenue commionents				21
14.	Transactions with members			ofthe PCC	21

Priest in Charge	The Rev'd Dr Andrew		Churclnvardens	Churclnvardens	Arlene	Esdade
	Bishop				Pamela	Hall
Assosdate Priest with responsibility for StGeorge's	The Rev'd David Adamson- Hill		Deputy	Wardens	Melvyn Mead Karen Stewart
Associate Priest (0.5)	The Rev'd Folake
	Makanjuola (Also Priest in
	Charge ofSt Andrew'	s
	Croydon (0,5)
Assistant Priest	The Rev'd Alan Bayes
Assistant Priest	The Rev'd Canon
	John Ackland
Curate	vacant		Cmopted	members	Diane Edwards
Reader	Elaine Cooper		Verger IParish		Denise Mead
			Administrator
Southwark Pastoral Auxiliary	Diana Hemmings		Hon Treasurer		Deborah	Miller
Secretary to the PCC	Sue Kibler
Deanery Synod Representatives	elected to serve fiom 2012-2020121
Laurence Gough Sue Williams	Elizabeth Gough		Stephen	Willmer	Denise	Mead
Members elected at APCM 2018, served to the date of this iepon
Sue Kibler	Ann Young
Justine Marshman
Memben elected at ApCM 2019, served to the date ofthis repon
David Morgan	Lorraine Paruma
Stella Olatidoye

						Unrestricted	Restricted	Endowment
						funds	funds	funds
					Note	E
Income
Voluntary		income			2a	160,363	246,184		406,547	216,684
Activities	for generating		funds		2I3	17,438	26,814		44,252	16,394
Income	from mvestments				2c	15,521	2,367		17,888	17,733
Church	activities				2d	26,653	15,695		42,348	25,318
Other ordinary incoming			resources		2e	958			958	539
						220,933	291,060		511,993	276,668
Expenditure
Fund-raising costs					3a	1,985			1,985	72
Church achvities					3b	222,449	300,510		522,959	276,507
						224,434	300,510		524,944	276,579
Net Income						(3,501)	(9,450)		(12,951)	89
Other recognised gains and				losses
Investment		revaluations						12,286	12,286	5,510
Net movement		in funds				(3,501)	(9,450)	12,286	(665)	5,599
Accumulated		funds brought		forward	11	36,113	117,775	85,592	239,479	233,880
Accumulated		funds carried		forward	11	32,6'l2	108,325	97,878	238,814	239,479

					Unrestricted funds	Restricted funds	Endowment funds	Total 2020
				Note	E
Income
Voluntary	income			2a	169,895	46,789		216,684
Activities	for generating	funds		2b	16,394			16,394
Income from investments				2c	15,447	2,286		17,733
Church activities				2d	7,924	17,394		25,318
Other ordinary incoming			resources	2e	539			539
					210,1gg	66,469		276,668
Expenditure
Fund-raising costs				3a	72			72
Church activities				3b	212,094	64,413		276,507
					212,166	64,413		276,579
Net Income					(1,967)	2,056		89
Other recognised gains and losses
Investment	revaluations						5,510	5,510
Net movement	in funds				(1,967)	2,056	5,510	5,599
Accumulated	funds brought		forward	11	38,080	115,719	80,082	233,880
Accumulated	funds carried		forward	11	36,113	117,775	85,592	239,479

2	Income
			Unrestricted	Restricted	Total	Total
			funds	funds	2021	2020
2a	Voluntaryincome
	Planned giving Service collections Sundry donations and Income tax recoverable Grants Legacies	appeals	73,045 6,553 11.273 20,381 49,110	6,677 239,507	73,045 6,553 11,273 27,059 288,617	72,257 4,815 19,427 25,604 93,130 1,450
			160,363	246,184	406,546	216,684
2b	Acfivilies forgenerating	funds
	Fund-raising events Bookstall		8,598 3	26,814	35,411 3	4,061 281
	Car parking		8,838		8,838	12,052
			17,438	26,814	44,252	16,394
2c	income from investments
	Rental Income		15,353		15,353	15,100
	Dividends and interest		168	2,367	2,535	2,633
			15,521	2,367	17,888	17,733
2d	Church activities
	Church and hall lettings Weddings/funerals fees Parish magazines		15,184 11,127 342		15,184 11,127 342	3,979 3,290 209
	Other church activities			15,695	15,695	17,840
			26,653	15,695	42,347	25,318
2e	Other ordinary incoming	resources
	Sundry income		958		958	539
					958	539
	Total Income		220,933	291,059	511,992	276,668

3	Expenditure
			Unrestricted	Restricted	Total	Total
			funds	funds	2021	2020
3a	Generating funds costs
	Cark park Fund raising events		1,985		1,985	72
			1,985		1,985	72
3b	Church activities
	Missionary and charitable	giving.
	Grants		421		421
	Ministry costs:
	Diocesan parish contribution Other clergy costs Church running expenses Church maintenance Other church activities Worship expenses Choir and music Sunday school costs Church hall running costs Parish Church shop Staff Salaries Wedding/funeral fees Office costs Independent examination		96,263 4,832 33,479 2.319 392 1,110 19,279 11,594 33,627 5,298 9,538 4,298 222,449	275,837 23,208 1,141 324 300,510	96,263 4,832 33,479 278,156 392 1,110 42,487 1,141 11,594 33,627 5,622 9,538 4,298 522,958	92,463 8,683 36,609 56,734 702 667 29,946 619 3,066 11 30,977 3,108 7,571 3,900 276,507
	Total Expenditure		224,434	300,510	524,944	276,579

Staff costs
	2021	2020
	F	f
Salaries (ind service fees) Pension costs	34,910 1,217	30,355 994
	36,127	31,349

6	Fixed asset investments	Fixed asset investments
						2021	2020
						6
	At 1 January 2021					85,592	80,082
	Revaluation surplus/(deficit)		m the	year		12,286	5,510
	At 31 December 2021					97,878	85.592
	Represented by:
	Church of England	CBFinvestment		Fund unrls:
	Day and Sunday	School	Fund (1,879 units)		(note 11.4)	43,945	38,420
	Choir Scholarship	Fund	(2,103units)		(note 11.5)	49,196	43,011
	COIF Chanties Ethical Investment			Fund units:		93,141	81,431
	Battersbee Fund	(1,516	units)		(note 11.9)	4,737	4,161
						97,878	85,592
7	Debtors
						2021	2020
						E	6
	Income tax recoverable Other debtors Prepayments					13,698 20,780 2,950	4,424 37,806 9,521
						37,428	51,751

Analysis of net assets by fund CURRENTYEAR	Unrestricted	Restricted	Endowment	At 31-Dec-21
	funds f	funds E	funds E	Total E
Tangible fixed assets Fixed asset investments Debtors Short term deposits Cash at bank Creditors due within one year	2,589 24,960 27.743 (22.680)	12,468 43,685 56,933 (4,762)	97,878	2,589 97,878 37,428 43,685 84.676 (27,442)
Nel assels	32,612	108,324	97,878	238,814

Analysis ofnet assets by fund				At
COMPARATIVE INFORMATION	Unrestricted	Restricted	Endowment	31-Dec-20
	funds E	funds f	funds E	Tots I f.
Tangible fixed assets Fixed asset investmenls Debtors Short term deposits Cash at bank Creditors due within one year	2.589 16,365 56,487 (39,328)	35,387 43,681 64,200 (25,494)	85,592	2,589 85,592 51,752 43,681 120,687 (64.822)
Net assets	36,113	117,774	85.592	239,479

Fund movements
CURRENT YEAR
		Note	At	Movement		in resources		At
		ref	1-Jan-21	Incoming	Outgoing		Transfers	31-Oec-21
				5		6
Unrestricted
General fund StGeorge' s.Waddon		11.1 11.2	23,193 12,920	190,679 25,254		(196,557) 27,876	5,000	22,315 10,298
			36.113	215.933		224 433	5,000	32612
Restricted
Fabric fund Day and sunday school Chotr scholarship Friends ofmusic Choral education St George' s, Waddon		11.3 114 11.5 11.6 11.8 112	67,555 9,527 7,826 14,174 5,000 13,691	274,680 1,117 1,249 17,013 2 000		(275,836) (1,142) (2,758) (20,772)	(5,DOO)	66,399 9,502 6,317 10,415 15,691
			117,774	296,059		300,508	5000	108324
Endowment
Day and sunday Choir scholarship Battersbee	school	114 115 119	38,420 43,011 4,t61	5,525 6,185 577				43,945 49,196 4,738
			85,592	12,286				97,878
Totalfunds			239,479	524,278		524.941		238,814
Details of mdividual	funds	follow on the nexl page

11AFund movements
COMPARATIVE	INFORMATION
		Note	At
		ref	1-Jan-20
Unrestricted
General fund		11.1	20,386
St George' s, Waddon		11.2	17,694
			38,080
Restr'icted
Fabric fund		11 3	56,294
Day and sunday	school	114	8,705
Choir scholarship		115	7,453
Friends ot music		11.6	41
Choral education		11.8	10,000
St George' s, Waddon		112	7,053
Bell fund		11.10	26,172
			115,719
Endowmenl
Day and sunday	school	114	35,939
Choir scholarship		11.5	40,233
Battersbee		11.9	3.911
			80,082
Total funds			233,880

Movement	Movement	in resources	in resources	At
Incoming	Outgoing		Transfers	30-Dec-20
181,693		(183,886)	5,000	23.193
23506		28 280		12,920
205 199		212.166	5000	36.113
31 848		(21.272)	686	67,555
1,078		(257)		9,527
1,207		(833)		7.826
21,019		(6,885)		14,174
			(5,000)	5,000
7,DOO		{362)		13,691
9316		34803	686
71,468		64,413	5,000)	117,774
2,482				38,420
2,778				43,011
250				4,161
5,510				85 592
282.177		276.579

		2021	2020
Endowment capital. (Market values)		6	f
Carokne and Eliza Day Bounty
(Chanties Ethical Investment	Fund-
9,667.38 income shares) Sarah Ann Huntingford Charity		30,255	24,646
(Charrties Ethical Investment	Fund-
295.34 income shares)		925		753
Income in the year Expenditure in the year		809		787
Net income		739		787
Accumulated income
At 31 December 2021 (note 9)