## **TRUSTEES ANNUAL REPORT FRSSE (SORP)** 

## **Notes and Guidance** 

- This form is to give guidance on what to include in a Trustees Annual Report. 

- This is the information that we think we all know, but not everyone does. 

- A good Trustees Annual Report is a Mission and Communication tool which tells people everything about the Charity. 

- There is some standard wording which applies to all PCCs in Sections B and C which you may use. 

- Once you create your Trustees Annual Report most of the information can be simply updated year on year. 

- You may prefer to create your own Trustees Annual Report but all of these Sections need to be included in the Report. 

- If you do not wish to create your own Trustees Annual Report you may complete this form and attach it to a copy of your Annual Accounts and Financial Statements. 

|Section A<br>Section B<br>Section C<br>Section D<br>Section E<br>Section F<br>Section G|Reference and Administration Details|
|---|---|
||Structure, governance and Management|
||Objectives and Activities|
||Achievements and Performances|
||Financial Review|
||Optional information|
||Trustee Declaration|



_Page 1_ 




**Trustees' Annual Report for the period** Period start date Period end date Day Month Year Day Month Year **From 01 01 2021 To 31 12 2021** 

## **Section A                        Reference and administration details** 

**Charity name** PARISH OF TETTENHALL WOOD **Other names charity is known by** Christ Church Tettenhall Wood; Church of the Good Shepherd Castlecroft **Registered charity number (if any)** 1133853 

**Charity's principal address** Parish Office, Christ Church ) Church Road, Tettenhall Wood Wolverhampton **Postcode** WV6 8NQ 

(eg. Address of the church or church office) 

**Names of the charity trustees – Members of the PCC -  who manage the charity** 

|1<br>3<br>4<br>5<br>6<br>7<br>8<br>9<br>10<br>11<br>12<br>13<br>14<br>16<br>17<br>18<br>19<br>20<br>21<br>22|**Trustee name**|**Office(if any)**|**Dates acted if not for wholeyear**|
|---|---|---|---|
||Philip Wootton|Incumbent||
||Linda Vawer|Assistant Curate||
||David Hughes|Church Warden||
||Joan Collins|Church Warden||
||Jane Brough|Deputy Church Warden & Reader||
||Pam Humphrey|Assistant Warden||
||Sue Wilson|PCC Secretary||
||Joy Dipple|Reader||
||Caroline Seaton|Reader||
||Richard Humphrey|Assistant Treasurer||
||Stephanie Hemming|Treasurer||
||Russell Taylor||Resigned November 2021|
||Roger Dipple|||
||Pat Hazenburg-Morris|||
||Les Key|||
||Jane Woolf|||
||Lisa Williams|||
||Chris Nickholds|||
||Hazel Guy|||
||Benjamin Hemming|||



_Page 2_ 



|23<br>24<br>25<br>26<br>27<br>28|Gerald Lloyd|||
|---|---|---|---|
||Angela Williams|||
||Helen Bull|||
|||||
|||||
|||||



## • **Section B              Structure, governance and management** 

## **Description of the charity’s trusts** 

Type of governing document  Parochial Church Council Powers Measure (1956) as amended, and Church (eg. trust deed, constitution) Representation Rules that came into effect on 2 January 1957. 

How the charity is constituted Church Representation Rules 2 January 1957 (eg. trust, association, company) 

Trustee selection methods 

Elected (eg. appointed by, elected by) 

## **Public Benefit Statement (Mandatory information)** 

**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** 

The trustees of the Charity are aware of the Charity Commission’s guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of Tettenhall Wood, it helps to promote the whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by: 

• Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers; and • Promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole. 

## **Additional governance issues (Optional information)** 

_Page 3_ 



You **may choose** to include additional information, where relevant, about: 

- policies and procedures adopted for the induction and training of trustees; 

- the charity’s organisational structure and any wider network with which the charity works; 

- relationship with any related parties; 

- trustees’ consideration of major risks and the system and procedures to manage them; (Put your Risk Assessment Policy here) 

The parish is connected with a range of wider networks and organisations: 

- the Church of England Diocese of Lichfield 

- the Local Ecumenical Partnership of the Church At Perton, with which the Parish is part of the same Benefice and Team Ministry 

- other local churches, through the Church of England Deanery of Trysull and the ecumenical Covenanting Churches of Wolverhampton West 

- Christ Church C of E (C) Infants’ and Junior Schools 

- the Mothers’ Union 

- the National Childbirth Trust, in the provision of ‘Little Angels’ parent and baby group 

- the Church Mission Society 

- the Children’s Society 

- Christian Aid 

_Page 4_ 



## **Section C                    Objectives and activities** 

The PCC is committed to enabling as many people as possible to worship at our churches and to become part of our parish community at Tettenhall Wood and **Summary of the objects of the** Castlecroft.  The PCC maintains an overview of worship throughout the parish **charity set out in its governing** and makes suggestions on how our services can involve the many groups that **document** live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament 

## **Additional details of objectives and activities (Optional information)** 

The PCC aims to support other charities - locally, nationally and overseas – both from general funds and through organising special collections. Care is taken that the aims of these charities are contiguous with the mission of the Church of England. Collections of food, bedding etc are made for local You may choose to include further organisations helping the homeless and needy. statements, where relevant, about: 

- policy on grantmaking; 

- policy programme related investment; 

- contribution made by volunteers; 

Volunteers undertake major parts of the work of the church, ranging from the including leading worship, administration, caring for the fabric of the buildings, offering of pastoral care, planning and organising of social and fund-raising events, working with children in church and in school, and bearing the message of the church. 

## **Section D                      Achievements and performance** 

_Page 5_ 



The combined Electoral Role stood at 186 at the annual meeting in April 2021. The Covid-19 pandemic meant that church buildings were closed for several months earlier in the year, and numbers attending worship restricted thereafter. Attendance statistics would therefore be meaningless. The figure for the ‘worshiping community’ was estimated as 221 (both churches, all ages). Throughout 2021, weekly services were provided to engage with at home, on paper and by email, and through home recordings. From May 2021, services in church have been streamed live on the parish website and through YouTube, and also recorded onto DVDs and home-delivered (for those without digital capacity). Pastoral care has been provided through a network of phone contacts, ensuring everyone had a regular call. Two baptisms and two marriages were conducted, and a total of 28 funerals were conducted through the ministry of the parish. The pandemic had also forced the closure of regular activities, like Place of Welcome, Dementia Support Group, Good Friends, Mothers Union and Christ Church Fellowship, but these were gradually resumed later in the year as restrictions eased. Social/fundraising events were not possible until late in the year, but then a well-supported joint Christmas Fair was held in November. With volunteers not allowed into schools, the Open the Book programme had to be curtailed, although the church provided recorded worship online to Christ Church schools. Outside hirers were not allowed in the halls for the first half of the year, leading to a drop in income for both churches. Buildings: The PCC has been vigilant in maintaining the fabric of both buildings. **Summary of the main** At Christ Church, repairs to the roof, identified in the Quinquennial Inspection, **achievements of the charity** have been carried out and proved to be a smaller job than had been feared. **during the year** Thanks to a grant from Ibstock-Enovert, and a generous bequest, new equipment has been installed to enable recording and live-streaming of services and events. In conjunction with this project, improvements have been made to lighting and internet connectivity, and a new AV desk made and installed. The equipment was used for showings of ‘The Chosen’, multiple episode life of Christ, as a means of discipleship and outreach, through the autumn of 2021 (and spring 2022) At Good Shepherd, no major building work has been carried out Overseas Mission: the link established in 2017 with the Church Mission Society and a mission partner in South Sudan has been maintained The PCC through the Mission And Discipleship group has continued working on implementing the 2017 Mission Action Plan where possible, with big improvements to the website (including portals for direct giving to the church, and for short periods, to charities we support) and the development of online worship. Christ Church has maintained its status as an ‘eco-church’ (bronze award). Both churches have offered recycling facilities (for items not recycled by the council) and frequent prompts about eco-awareness have been made through the notice sheet. A joint Christmas fair was held and the money proportionally split for both churches and for the year ahead more joint social events are planned. 

_Page 6_ 



## **Section D                      Achievements and performance (contd.)** 

At Good Shepherd plans to upgrade the sound system and to install projection equipment are still in hand. The replacement of the chairs is also under consideration. 

A new initiative for families, called ‘Criss-Cross’ is to be explored in the summer. This is to include worship, activities and food. **Summary of the main objectives of the charity planned in the** Both churches continue to work towards greater environmental sustainability **following year** A planned major event is the return of Saltmine theatre company for their production ‘The Liberator’ planned for September 2022 

## **Section E                    Financial review** 

There are three main points to this policy: firstly we pay our Parish Share in full **Brief statement of the charity’s** and on time each month. Secondly, each year we give to Missions and Charities **policy on reserves** both locally and internationally. Thirdly, we aim to keep funds in reserve for ‘a rainy day’ amounting to approximately 3 months unrestricted expenditure. In 2021 this was equivalent to £33,267. The free reserves at 31 December 2021 were £137,616, comfortably in excess of this target. None **Details of any funds materially in deficit Further financial review details (Optional information)** 

At Christ Church the accounts show a deficit of £10,298.85 You **may choose** to include additional information, where At Church of the Good Shepherd the accounts show a surplus of £ 1,061.79 relevant about: • the charity’s principal sources For the PCC overall this gives a deficit of £9,237.06 of funds (including any fundraising); • how expenditure has supported the key objectives of the charity; 

_Page 7_ 



investment policy and
objectives includin8 any ethical
Investment policy adopted.
Section F
Other optional information
Christ Church- legacy of £2,(NXI from M 8rown
Christ Church Grant of £9,1)Xl ￿CeIved from Ibstock Enovert for the
AV project.
Christ Church Donation of £4,0￿ from Edna Sedgley in memory of her
husband David Sedgley also put towards the AV Project.
Good Shepherd- Legacy of £l,ICrf) was ￿ceiVed in memory of Lilian
Bashford and £l.LKiI was received in memory of Ann Longstaff .
A¢knowledge any larye Grants or
donatlon In th1$ Sectlon.
knowledgin8 a large Grnnt In
your TAR may be a condition of
acceptance
Section G
Declaration
The trustees declare that they have approved the trustees, report al)o¥e.
Slgned on behalf of the charftys trustees
Slgnature(s)
Full name{s)
￿￿1£ IP Ut)07 [ UQJ
Posltion
leg Secretary, Chair, etcl
I nlcHIY6 xTrv i
leg. Date of the APCMI
¥/04/2PL7
Page 8

## **Independent Examiner’s report to the trustees/members of The PCC of Tettenhall Wood** Registered charity number: 1133853 

I report on the accounts for the year ended 31[st] December 2021 which are set out on the following pages. 

## **Respective responsibilities of the Trustees and Independent Examiner** 

The charity’s trustees are responsible for the preparation of the accounts.  The charity’s trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. 

It is my responsibility 

- to examine the accounts under section 145 of the Charities Act, 

- to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and 

- to state whether particular matters have come to my attention. 

## **Basis of Independent Examiner's Statement** 

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 charity 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 the trustees 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, no material matters have come to my attention which gives me cause to believe that in any material respect: 

- accounting records were not kept in accordance with section 130 of the Charities Act or 

- the accounts do not accord with the with the accounting records 

- the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. 

I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Signed: ………………………………………….. Jonathan Hill FCMA CGMA Lichfield Diocesan Board of Finance St Marys House, The Close, Lichfield. WS13 7LD 

23/08/2022 Date: ………………………………… 



## **The Parochial Church Council of Tettenhall Wood Financial Statements for the Year Ended 31[st] December 2021** 

## **Accounting Policies** 

The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations' "true and fair view" provisions.  They have also been prepared in accordance with the Charities SORP (FRS 102). 

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law.  They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members. There may be minor discrepancies in the totals as the pence are not being shown. 

## **Cashflow Statement** 

The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a Cash flow statement on the grounds that the income does not exceed £500,000. 

## **Going Concern** 

There are no material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern. 

## **Accounting Estimates and Prior Year Errors** 

No changes to accounting estimates have occurred in the reporting period. 

No material prior year errors have been identified in the reporting period. 

## **Description of Funds** 

**Unrestricted funds** are 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 or for spending on a future project and which are therefore not included in its "free reserves" as disclosed in the trustees' annual report. **Restricted funds** comprise of two elements: 

a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest 

b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. **Endowment funds** 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 other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts. 

## **Income** 

Planned giving, collections and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be measured with sufficient reliability. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and the monetary value can be measured with sufficient reliability. Dividends are accounted for when receivable, interest is accrued.  All other income is recognised when it is receivable. All incoming resources are accounted for gross. 

## **Expenditure** 

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross. 

_Page 10_ 



## **The Parochial Church Council of Tettenhall Wood Financial Statements for the Year Ended 31[st] December 2021** 

## **Governance and Support Costs** 

Support costs should be allocated between governance costs and other support.  Governance costs comprise all costs involving public accountability of the PCC and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources eg by allocating staff costs by time spent and other costs by their usage. 

## **Fixed Assets** 

Consecrated and benefice property is not included in the accounts by s.10(2)(a)&(C) of the Charities Act 2011. Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. 

## **Investments** 

Investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at market value at the year end. Investments held for re-sale are treated as current asset investments. 

## **Debtors** 

Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash expected to be received. 

## **Creditors and Accruals** 

Creditors are measured at settlement amounts less any trade discounts.  Accruals are measured on best estimate of the amount required to settle the obligation at the reporting date. 

_Page 11_ 



## **The PCC of Tettenhall Wood Financial statements for the year ended 31 December 2021** 

## **Statement of Financial Activities** 

||**Unrestricted Designated**<br>**Restricted Endowment**<br>**Total**<br>**Prior year**<br>**funds**<br>**funds**<br>**funds**<br>**funds**<br>**funds**<br>**total funds**|
|---|---|
|**Income and endowments from:**<br>Donations and legacies<br>Income from charitable activities<br>Other trading activities<br>Investments<br>**Total income**<br>**Expenditure on:**<br>Raising funds<br>Expenditure on charitable activities<br>**Total expenditure**<br>**Net income / (expenditure) resources before**<br>**transfer**<br>**Transfers**<br>Gross transfers between funds - in<br>Gross transfers between funds - out<br>**Other recognised gains / losses**<br>**Net movement in funds**<br>**Total funds brought forward**<br>**Total funds carried forward**<br>**Represented by**<br>**Unrestricted**<br>General fund<br>**Designated**<br>Heating Fund<br>AV Project<br>John Underwood Fund Received 2013<br>Organ Fund<br>Peace Garden<br>Transport Fund<br>**Restricted**<br>Choir Fund<br>Donation for Educational Purposes (2011)<br>Flower Festival  Donations<br>Flower Fund<br>Interior Decoration Scheme<br>Organ Fund<br>Organ and Music<br>Rector's Discretionary Fund<br>Special Collections<br>St Thomas Fund Requested by diocese to<br>keep<br>Vicars Discretionary<br>Xpedition Club Formerly Lighthouse|93,226<br>13,000<br>302<br>—<br>106,529<br>110,817<br>11,617<br>750<br>—<br>—<br>12,367<br>11,721<br>4,978<br>—<br>—<br>—<br>4,978<br>4,978<br>848<br>—<br>—<br>—<br>848<br>894|
||**110,671**<br>**13,750**<br>**302**<br>**—**<br>**124,723**<br>**128,411**<br>235<br>—<br>—<br>—<br>235<br>233<br>132,834<br>560<br>329<br>—<br>133,725<br>125,434|
||**133,070**<br>**560**<br>**329**<br>**—**<br>**133,960**<br>**125,668**|
||**(22,399)**<br>**13,189**<br>**(27)**<br>**—**<br>**(9,237)**<br>**2,742**<br>—<br>—<br>5<br>—<br>5<br>194<br>(5)<br>—<br>—<br>—<br>(5)<br>(194)|
||**(22,404)**<br>**13,189**<br>**(22)**<br>**—**<br>**(9,237)**<br>**2,742**|
||**147,020**<br>**7,255**<br>**28,493**<br>**—**<br>**182,769**<br>**180,026**|
||**124,616**<br>**20,444**<br>**28,471**<br>**—**<br>**173,532**<br>**182,769**<br>124,616<br>—<br>—<br>—<br>137,616<br>147,020<br>—<br>---<br>40<br>13,000<br>—<br>---<br>—<br>---<br>40<br>13,000<br>—<br>---<br>—<br>6,908<br>—<br>—<br>6,908<br>6,908<br>—<br>180<br>—<br>—<br>180<br>30<br>—<br>317<br>—<br>—<br>317<br>317<br>—<br>0<br>—<br>—<br>0<br>—<br>—<br>—<br>148<br>—<br>148<br>148<br>—<br>—<br>5,000<br>—<br>5,000<br>5,000<br>—<br>—<br>1,050<br>—<br>1,050<br>1,050<br>—<br>—<br>117<br>—<br>117<br>87<br>—<br>—<br>217<br>—<br>217<br>217<br>—<br>—<br>2,057<br>—<br>2,057<br>2,057<br>—<br>—<br>2,627<br>—<br>2,627<br>2,627<br>—<br>—<br>—<br>—<br>—<br>52<br>—<br>—<br>61<br>—<br>61<br>61<br>—<br>—<br>16,666<br>—<br>16,666<br>16,666<br>—<br>—<br>52<br>—<br>52<br>52<br>—<br>—<br>471<br>—<br>471<br>471|



_Page 12_ 



## **The PCC of Tettenhall Wood Financial statements for the year ended 31 December 2021** 

## **Balance sheet** 

||**Total funds**<br>**Prior year funds**|
|---|---|
|**Current assets**<br>Debtors<br>Cash at bank and in hand<br>**Liabilities**<br>Creditors: Amounts falling due in one year<br>**Net current assets less current liabilities**<br>**Total assets less current liabilities**<br>**Total net assets less liabilities**<br>**Represented by**<br>**Unrestricted**<br>General fund<br>**Designated**<br>CCLA Funds<br>Heating Fund<br>AV Project<br>John Underwood Fund Received 2013<br>CC Legacy Fund 2016<br>Organ Fund<br>Peace Garden<br>Transport Fund<br>**Restricted**<br>Agency collection<br>Special Collections<br>Special Collections<br>St Thomas Fund Requested by diocese to keep<br>Vicars Discretionary<br>Xpedition Club Formerly Lighthouse<br>Choir Fund<br>Donation for Educational Purposes (2011)<br>Flower Festival  Donations<br>Flower Fund<br>Interior Decoration Scheme<br>Organ Fund<br>Organ and Music<br>Rector's Discretionary Fund<br>**Funds of the church**|8,763<br>13,288<br>170,778<br>171,303|
||**179,541**<br>**184,591**<br>6,009<br>1,822|
||**6,009**<br>**1,822**|
||**173,532**<br>**182,769**|
||**173,532**<br>**182,769**|
||**173,532**<br>**182,769**<br>124,616<br>147,020<br>—<br>—<br>40<br>13,000<br>—<br>---<br>6,908<br>6,908<br>—<br>—<br>180<br>30<br>317<br>317<br>0<br>—<br>—<br>—<br>61<br>61<br>—<br>—<br>16,666<br>16,666<br>52<br>52<br>471<br>471<br>148<br>148<br>5,000<br>5,000<br>1,050<br>1,050<br>117<br>87<br>217<br>217<br>2,057<br>2,057<br>2,627<br>2,627<br>—<br>52|
||**173,532**<br>**182,769**|



24th April Approved by the Parochial Church Council on ………………. 2022 and signed on its behalf by: 

Signature: ……………………………………… 

Name: …………………………………………... Reverend Phillip Wootton 

The notes on the following pages form part of these accounts 

_Page 13_ 



## **The PCC of Tettenhall Wood Financial statements for the year ended 31 December 2021** 

## **Statement of assets and liabilities** 

||**General Designated**<br>**Restricted Endowment**<br>**This year**<br>**Last year**|
|---|---|
|**Current assets - Cash at bank and in hand**<br>Bank Account -<br>Bank current account -<br>Cash in Safe -<br>Bank deposit account -<br>CCLA (CBF) deposit account -<br>Interior Decorating Scheme - LDBF -<br>Grffiths Deposit Account CCLA -<br>Interior Decoration Scheme -<br>Cash in hand -<br>**Totals**<br>**Current assets - Debtors**<br>Receivable from GS (Reconciliation) -<br>Wedding & Funeral Fees Receivable -<br>Church Hall Lettings Receivable -<br>Bible Study Notes Income Receivable -<br>Gift Aid Recoverable -<br>Utilities & Insurance Pre-Paid -<br>**Totals**<br>**Liabilities - Agency accounts**<br>Agency collections -<br>**Totals**<br>**Liabilities - Creditors: Amounts falling due in**<br>**one year**<br>Special Collections To Be Distributed -<br>Wedding & Funeral Fees Pre-paid -<br>Church Hall Lettings Pre-Paid -<br>Utilities & Insurance Payable -<br>Salaries Payable to LDBF -<br>Misc Accrued Expenses -<br>**Totals**<br>**Grand total**|20,162<br>14,073<br>2,589<br>—<br>36,826<br>48,823<br>—<br>7,225<br>810<br>—<br>8,035<br>8,005<br>25<br>—<br>—<br>—<br>25<br>25<br>63,495<br>—<br>(1,455)<br>—<br>62,039<br>51,690<br>15,877<br>—<br>27,164<br>—<br>43,041<br>43,019<br>3,375<br>—<br>—<br>—<br>3,375<br>3,063<br>17,016<br>—<br>—<br>—<br>17,016<br>16,258<br>954<br>—<br>(736)<br>—<br>217<br>217<br>100<br>—<br>100<br>—<br>200<br>200<br> <br>**121,007**<br>**21,299**<br>**28,471**<br>**—**<br>**170,778**<br>**171,303**<br>5,184<br>(334)<br>—<br>—<br>4,849<br>—<br>—<br>—<br>—<br>—<br>—<br>307<br>(6)<br>—<br>—<br>—<br>(6)<br>—<br>(32)<br>—<br>—<br>—<br>(32)<br>—<br>2,952<br>—<br>—<br>—<br>2,952<br>11,983<br>999<br>—<br>—<br>—<br>999<br>997<br> <br>**9,097**<br>**(334)**<br>**—**<br>**—**<br>**8,763**<br>**13,288**<br>0<br>—<br>0<br>—<br>—<br>—<br> <br>**0**<br>**—**<br>**0**<br>**—**<br>**—**<br>**—**<br>650<br>—<br>—<br>—<br>650<br>—<br>—<br>—<br>—<br>—<br>—<br>414<br>24<br>—<br>—<br>—<br>24<br>12<br>353<br>520<br>—<br>—<br>873<br>1,256<br>1,190<br>—<br>—<br>—<br>1,190<br>140<br>3,271<br>—<br>—<br>—<br>3,271<br>—<br> <br>**5,489**<br>**520**<br>**—**<br>**—**<br>**6,009**<br>**1,822**<br> <br>**124,616**<br>**20,444**<br>**28,471**<br>**—**<br>**173,532**<br>**182,769**|



## **Summary of Assets by Fund - 2020** 

|Fixed Assets<br>Investment Assets<br>Current Assets<br>Current Liabilities|**Unrestricted**<br>**Funds**<br>**_£_**|<br>**Designated**<br>**Funds**<br>**£**|<br>**Restricted**<br>**Funds**<br>**£**|<br>**Endowment**<br>**Funds**<br>**£**|<br>**Total**<br>**£**|
|---|---|---|---|---|---|
|||||||
||||||-|
||||||-|
||148,840|7,256|28,496||184,592|
||(1,823)||||(1,823)|
||**147,018**|**7,256**|**28,496**|**-**|**182,769**|



_Page 14_ 



## **The Parochial Church Council of Tettenhall Wood Financial Statements for the Year Ended 31[st] December 2021** 

## **Fund movement by type - 2021** 

||**Opening**<br>**Incoming**<br>**Outgoing**<br>**Transfers Gains/losses**<br>**Closing**|
|---|---|
|**AC - Agency collection**<br>Restricted<br>**Sub-total for AC**<br>**AV Project - AV**<br>Designated<br>**Sub-total for AV**<br>**Choir - Choir Fund**<br>Restricted<br>**Sub-total for Choir**<br>**Education - Donation for Educati**<br>Restricted<br>**Sub-total for Education**<br>**FFestival - Flower Festival  Don**<br>Restricted<br>**Sub-total for FFestival**<br>**Flower - Flower Fund**<br>Restricted<br>**Sub-total for Flower**<br>**General - General fund**<br>Unrestricted<br>**Sub-total for General**<br>**Heating - Heating Fund**<br>Designated<br>**Sub-total for Heating**<br>**Interior - Interior Decoration**<br>Restricted<br>**Sub-total for Interior**<br>**JUFund - John Underwood Fund**<br>Designated<br>**Sub-total for JUFund**<br>**Legacy - CC Legacy Fund 2016**<br>Designated<br>**Sub-total for Legacy**<br>**Org - Organ Fund**<br>Designated<br>**Sub-total for Org**<br>**Organ - Organ Fund**<br>Restricted<br>Restricted<br>**Sub-total for Organ**<br>**Peace - Peace Garden**<br>Designated<br>**Sub-total for Peace**<br>**RDF - Rector's Discretiona**<br>Restricted<br>**Sub-total for RDF**<br>**Special - Special Collections**<br>Restricted|—<br>—<br>—<br>—<br>—<br>—|
||**—**<br>**—**<br>**—**<br>**—**<br>**—**<br>**—**<br>—<br>13,000<br>—<br>—<br>—<br>13,000|
||**—**<br>**13,000**<br>**—**<br>**—**<br>**—**<br>**13,000**<br>148<br>—<br>—<br>—<br>—<br>148|
||**148**<br>**—**<br>**—**<br>**—**<br>**—**<br>**148**<br>5,000<br>—<br>—<br>—<br>—<br>5,000|
||**5,000**<br>**—**<br>**—**<br>**—**<br>**—**<br>**5,000**<br>1,050<br>—<br>—<br>—<br>—<br>1,050|
||**1,050**<br>**—**<br>**—**<br>**—**<br>**—**<br>**1,050**<br>87<br>100<br>70<br>—<br>—<br>117|
||**87**<br>**100**<br>**70**<br>**—**<br>**—**<br>**117**<br>147,020<br>110,671<br>133,070<br>(5)<br>—<br>124,616|
||**147,020**<br>**110,671**<br>**133,070**<br>**(5)**<br>**—**<br>**124,616**<br>—<br>400<br>360<br>—<br>—<br>40|
||**—**<br>**400**<br>**360**<br>**—**<br>**—**<br>**40**<br>217<br>—<br>—<br>—<br>—<br>217|
||**217**<br>**—**<br>**—**<br>**—**<br>**—**<br>**217**<br>6,908<br>—<br>—<br>—<br>—<br>6,908|
||**6,908**<br>**—**<br>**—**<br>**—**<br>**—**<br>**6,908**<br>—<br>—<br>—<br>—<br>—<br>—|
||**—**<br>**—**<br>**—**<br>**—**<br>**—**<br>**—**<br>30<br>150<br>—<br>—<br>—<br>180|
||**30**<br>**150**<br>**—**<br>**—**<br>**—**<br>**180**<br>2,057<br>—<br>—<br>—<br>—<br>2,057<br>2,627<br>—<br>—<br>—<br>—<br>2,627|
||**4,684**<br>**—**<br>**—**<br>**—**<br>**—**<br>**4,684**<br>317<br>—<br>—<br>—<br>—<br>317|
||**317**<br>**—**<br>**—**<br>**—**<br>**—**<br>**317**<br>52<br>—<br>57<br>5<br>—<br>—|
||**52**<br>**—**<br>**57**<br>**5**<br>**—**<br>**—**<br>61<br>202<br>202<br>—<br>—<br>61|



_Page 15_ 



|**Sub-total for Special**<br>**SpecialCol - Special Collections**<br>Restricted<br>**Sub-total for SpecialCol**<br>**StThomas - St Thomas Fund Reque**<br>Restricted<br>**Sub-total for StThomas**<br>**Transport - Transport Fund**<br>Designated<br>**Sub-total for Transport**<br>**Vicars - Vicars Discretionary**<br>Restricted<br>**Sub-total for Vicars**<br>**Xpedition - Xpedition Club Forme**<br>Restricted<br>**Sub-total for Xpedition**<br>**Grand total**|**61**<br>**202**<br>**202**<br>**—**<br>**—**<br>**61**<br>—<br>—<br>—<br>—<br>—<br>—|
|---|---|
||**—**<br>**—**<br>**—**<br>**—**<br>**—**<br>**—**<br>16,666<br>—<br>—<br>—<br>—<br>16,666|
||**16,666**<br>**—**<br>**—**<br>**—**<br>**—**<br>**16,666**<br>—<br>200<br>200<br>—<br>—<br>0|
||**—**<br>**200**<br>**200**<br>**—**<br>**—**<br>**0**<br>52<br>—<br>—<br>—<br>—<br>52|
||**52**<br>**—**<br>**—**<br>**—**<br>**—**<br>**52**<br>471<br>—<br>—<br>—<br>—<br>471|
||**471**<br>**—**<br>**—**<br>**—**<br>**—**<br>**471**|
||**182,769**<br>**124,723**<br>**133,960**<br>**—**<br>**—**<br>**173,532**|



_Page 16_ 



|**Summary of Fund Movements - 2020**|**Summary of Fund Movements - 2020**|**Summary of Fund Movements - 2020**|||||
|---|---|---|---|---|---|---|
||||||||
||**Reserves**<br>**at 1st Jan**<br>**£**|<br>**Incoming**<br>**Resources**<br>**£**|<br>**Resources**<br>**Expended**<br>**£**|<br>**Investment**<br>**Gains/Losses**<br>**£**|<br>**Transfers**<br>**£**|<br>**Reserves**<br>**at 31st Dec**<br>**£**|
||||||||
|Unrestricted Fund|143,740|126,746|(123,527)|-|59|147,018|
|Designated Funds|||||||
|HeatingFund|-|160|(160)|-||-|
|Organ Fund|-|30|-|||30|
|Transport Fund|-|120|(19)||(101)|-|
|Peace Garden|317|-|-||-|317|
|John Underwood fund|6,908|-|-|-|-|6,909|
||7,226|310|(179)|-|(101)|7,256|
|Restricted Funds|||||||
|Agencycollection fund|-|-|-|-||-|
|Organ and music fund|3,195|-|(566)|-|-|2,630|
|Special collections fund|61|1,353|(1,353)|-||61|
|Rectors discretionaryfund|52|-|(41)|-|41|52|
|Donations for educational<br>purposes|5,000|-|-|-|-|5,000|
|Organ fund|2,058|-|-|-|-|2,058|
|Choir fund|149|-|-|-|-|149|
|Vicars discretionary fund|53|-|-|-|-|53|
|Interior Decoration Scheme|218|-|-|-|-|218|
|Flower Festival donations|1,050|-|-|-|-|1,050|
|Flower fund|87|0|-|-||87|
|Xpedition Club|471|-|-|-|-|471|
|St Thomas fund|16,666|-|-|-|-|16,666|
||29,061|1,354|(1,960)|-|41|28,496|
|Endowment Funds|||||||
|||||||-|
|**Total Funds**|**180,026**|**128,410**|**(125,666)**|**-**|**-**|**182,769**|



## **Analysis of Transfer between Funds** 

There was a £5 transfer between Rectors Discretionary fund and General Fund during the year. 

## **Fund Descriptions** 

## **Designated Funds** 

John Underwood Fund - this is a legacy to be used for Good Shepherd by agreement with the Good Shepherd committee 

_Page 17_ 



Peace garden fund – monies to be used for the upkeep of the peace garden Organ fund – for the maintenance and upkeep of the organ 

## **Restricted funds** 

Agency collections is a restricted fund and is intended to be for funds that are not PCC funds 

eg. Christian Aid Week collection which is forwarded to that charity. 

Organ and music fund is a restricted fund which accumulates the "organ" fee from fees for weddings and 

funerals and helps to pay for tuning and repair to the church organ. Rectors discretionary fund is a restricted fund from which the rector can grant payments to people in the 

parish. It is primarily funded by an external charity. 

Donations for educational purposes - money given to be used for educational purposes only. 

Special collections - incoming and oputgoing monies collected for designated charities Organ fund - restricted income from original organ fundraising for repairs and updates. 

Choir Fund - restricted money raised by the choir. To be used for choir purposes. Vicars discretionary fund - fund for the Vicar/Rector to grant payments to people in need in the parish 

Interior Decoration fund - monies to be used for the internal decoration of the Vicar's house 

Flower Festival donations - restricted money raised by a flower festival ready for the next flower festival 

Flower fund - restricted money collected for flowers to be used within the church Xpedition Club - an old youth group fund to be used for work with young people St Thomas fund - share of the sale of the old chapel. Use by Good Shepherd to be agreed by the PCC 

_Page 18_ 



## **The Parochial Church Council of Tettenhall Wood Financial Statements for the Year Ended 31[st] December 2021** 

## **Analysis of income and expenditure** 

|**Total**<br>**Unrestricted Designated**<br>**Restricted**<br>**Endowment**<br>**This year**<br>**Last year**<br>**INCOME AND ENDOWMENTS**<br>**Donations and legacies**<br>Planned Giving (Standing Orders)<br>Gift Ai<br>55,593<br>—<br>—<br>—<br>55,593<br>53,542<br>Planned Giving (Envelopes) Gift<br>Aided<br>2,035<br>—<br>—<br>—<br>2,035<br>2,357<br>Planned giving (Envelopes) Gift<br>Aided<br>2,739<br>—<br>—<br>—<br>2,739<br>2,789<br>Planned Giving (Standing Orders)<br>Other<br>2,510<br>—<br>—<br>—<br>2,510<br>1,210<br>Planned Giving (Envelopes) Other<br>656<br>—<br>—<br>—<br>656<br>1,156<br>Yellow Gift Aid Envelopes<br>1,160<br>—<br>—<br>—<br>1,160<br>1,241<br>Plate Collections<br>3,657<br>—<br>—<br>—<br>3,657<br>3,863<br>Plate Collections (Card Machine)<br>815<br>—<br>—<br>—<br>815<br>1,136<br>Gifts and Donations<br>1,375<br>4,000<br>—<br>—<br>5,375<br>2,951<br>Gifts and Donations (Online Giving)<br>2,038<br>—<br>—<br>—<br>2,038<br>1,115<br>Special Collections<br>—<br>—<br>202<br>—<br>202<br>1,053<br>Tax recoverable on Gift Aid<br>3,714<br>—<br>—<br>—<br>3,714<br>4,452<br>Tax Recoverable on Gift Aid<br>12,677<br>—<br>—<br>—<br>12,677<br>11,946<br>Gift Aid Previous Financial year<br>—<br>—<br>—<br>—<br>—<br>14,003<br>Sundry Receipts<br>5<br>—<br>—<br>—<br>5<br>—<br>Legacies Receipts<br>2,000<br>—<br>—<br>—<br>2,000<br>—<br>Legacy Receipts<br>2,000<br>—<br>100<br>—<br>2,100<br>—<br>Non-recurring one-off grants<br>250<br>9,000<br>---<br>—<br>9,250<br>8,000<br>Total<br>93,226<br>13,000<br>302<br>—<br>106,529<br>110,817<br>**Income from charitable activities**<br>Decorating Scheme introduced<br>Fees Weddings & Funerals<br>---<br>2,798<br>---<br>750<br>---<br>—<br>---<br>---<br>3,548<br>2,751<br>1,783<br>Fees for Weddings and Funerals<br>(Arrears)<br>—<br>—<br>—<br>—<br>—<br>410<br>Bible Study Notes<br>203<br>—<br>—<br>—<br>203<br>207<br>Course Materials Receipts<br>45<br>—<br>—<br>—<br>45<br>—<br>Church hall lettings<br>8,554<br>—<br>—<br>—<br>8,554<br>6,471<br>Church Hall Lettings (Arrears)<br>—<br>—<br>—<br>—<br>—<br>98<br>Candle Money<br>16<br>—<br>—<br>—<br>16<br>—<br>Total<br>11,617<br>750<br>—<br>—<br>12,367<br>11,721<br>**Other trading activities**<br>Fundraising<br>574<br>—<br>—<br>—<br>574<br>1,396<br>Fund Raising<br>1,192<br>—<br>—<br>—<br>1,192<br>1,198<br>Church Hall Lettings (Jubilee Rooms)<br>3,212<br>—<br>—<br>—<br>3,212<br>2,384<br>Total<br>4,978<br>—<br>—<br>—<br>4,978<br>4,978<br>**Investments**<br>Interior Decorating Scheme Bonuses<br>62<br>—<br>—<br>—<br>62<br>62<br>Bank and CCLA Interest<br>785<br>—<br>—<br>—<br>785<br>1,011<br>Bank Interest (Arrears)<br>—<br>—<br>—<br>—<br>—<br>(179)<br>Total<br>848<br>—<br>—<br>—<br>848<br>894|**Total**<br>**Unrestricted Designated**<br>**Restricted**<br>**Endowment**<br>**This year**<br>**Last year**<br>**INCOME AND ENDOWMENTS**<br>**Donations and legacies**<br>Planned Giving (Standing Orders)<br>Gift Ai<br>55,593<br>—<br>—<br>—<br>55,593<br>53,542<br>Planned Giving (Envelopes) Gift<br>Aided<br>2,035<br>—<br>—<br>—<br>2,035<br>2,357<br>Planned giving (Envelopes) Gift<br>Aided<br>2,739<br>—<br>—<br>—<br>2,739<br>2,789<br>Planned Giving (Standing Orders)<br>Other<br>2,510<br>—<br>—<br>—<br>2,510<br>1,210<br>Planned Giving (Envelopes) Other<br>656<br>—<br>—<br>—<br>656<br>1,156<br>Yellow Gift Aid Envelopes<br>1,160<br>—<br>—<br>—<br>1,160<br>1,241<br>Plate Collections<br>3,657<br>—<br>—<br>—<br>3,657<br>3,863<br>Plate Collections (Card Machine)<br>815<br>—<br>—<br>—<br>815<br>1,136<br>Gifts and Donations<br>1,375<br>4,000<br>—<br>—<br>5,375<br>2,951<br>Gifts and Donations (Online Giving)<br>2,038<br>—<br>—<br>—<br>2,038<br>1,115<br>Special Collections<br>—<br>—<br>202<br>—<br>202<br>1,053<br>Tax recoverable on Gift Aid<br>3,714<br>—<br>—<br>—<br>3,714<br>4,452<br>Tax Recoverable on Gift Aid<br>12,677<br>—<br>—<br>—<br>12,677<br>11,946<br>Gift Aid Previous Financial year<br>—<br>—<br>—<br>—<br>—<br>14,003<br>Sundry Receipts<br>5<br>—<br>—<br>—<br>5<br>—<br>Legacies Receipts<br>2,000<br>—<br>—<br>—<br>2,000<br>—<br>Legacy Receipts<br>2,000<br>—<br>100<br>—<br>2,100<br>—<br>Non-recurring one-off grants<br>250<br>9,000<br>---<br>—<br>9,250<br>8,000<br>Total<br>93,226<br>13,000<br>302<br>—<br>106,529<br>110,817<br>**Income from charitable activities**<br>Decorating Scheme introduced<br>Fees Weddings & Funerals<br>---<br>2,798<br>---<br>750<br>---<br>—<br>---<br>---<br>3,548<br>2,751<br>1,783<br>Fees for Weddings and Funerals<br>(Arrears)<br>—<br>—<br>—<br>—<br>—<br>410<br>Bible Study Notes<br>203<br>—<br>—<br>—<br>203<br>207<br>Course Materials Receipts<br>45<br>—<br>—<br>—<br>45<br>—<br>Church hall lettings<br>8,554<br>—<br>—<br>—<br>8,554<br>6,471<br>Church Hall Lettings (Arrears)<br>—<br>—<br>—<br>—<br>—<br>98<br>Candle Money<br>16<br>—<br>—<br>—<br>16<br>—<br>Total<br>11,617<br>750<br>—<br>—<br>12,367<br>11,721<br>**Other trading activities**<br>Fundraising<br>574<br>—<br>—<br>—<br>574<br>1,396<br>Fund Raising<br>1,192<br>—<br>—<br>—<br>1,192<br>1,198<br>Church Hall Lettings (Jubilee Rooms)<br>3,212<br>—<br>—<br>—<br>3,212<br>2,384<br>Total<br>4,978<br>—<br>—<br>—<br>4,978<br>4,978<br>**Investments**<br>Interior Decorating Scheme Bonuses<br>62<br>—<br>—<br>—<br>62<br>62<br>Bank and CCLA Interest<br>785<br>—<br>—<br>—<br>785<br>1,011<br>Bank Interest (Arrears)<br>—<br>—<br>—<br>—<br>—<br>(179)<br>Total<br>848<br>—<br>—<br>—<br>848<br>894|
|---|---|
||93,226<br>13,000<br>302<br>—<br>106,529<br>110,817<br>---<br>2,798<br>---<br>750<br>---<br>—<br>---<br>---<br>3,548<br>2,751<br>1,783<br>—<br>—<br>—<br>—<br>—<br>410<br>203<br>—<br>—<br>—<br>203<br>207<br>45<br>—<br>—<br>—<br>45<br>—<br>8,554<br>—<br>—<br>—<br>8,554<br>6,471<br>—<br>—<br>—<br>—<br>—<br>98<br>16<br>—<br>—<br>—<br>16<br>—|
||11,617<br>750<br>—<br>—<br>12,367<br>11,721<br>574<br>—<br>—<br>—<br>574<br>1,396<br>1,192<br>—<br>—<br>—<br>1,192<br>1,198<br>3,212<br>—<br>—<br>—<br>3,212<br>2,384|
||4,978<br>—<br>—<br>—<br>4,978<br>4,978<br>62<br>—<br>—<br>—<br>62<br>62<br>785<br>—<br>—<br>—<br>785<br>1,011<br>—<br>—<br>—<br>—<br>—<br>(179)|
||848<br>—<br>—<br>—<br>848<br>894|
|**INCOME TOTAL**|110,669<br>13,750<br>302<br>—<br>124,723<br>128,411|



_Page 19_ 



## **The Parochial Church Council of Tettenhall Wood Financial Statements for the Year Ended 31[st] December 2021** 

## **EXPENDITURE** 

|**Raising funds**|||||||
|---|---|---|---|---|---|---|
|Costs of Fundraising|1|—|—|—|1|2|
|Costs of fetes & other events|98|—|—|—|98|94|
|Costs of Giving (Online, Card,|39|—|—|—|39|39|
|Envelopes|||||||
|Costs of Giving|97|—|—|—|97|97|
|(Online,Card&Envelope)|||||||
|Total|235|—|—|—|235|233|
|**Expenditure on charitable activities**|||||||
|Charitable Giving|7,050|—|—|—|7,050|6,500|
|Special Collections|—|—|202|—|202|1,052|
|Rectors Discretionary Fund (CC|22|—|—|—|22|55|
|Only)|||||||
|Rector's Discretionary Fund|(3)|—|57|—|53|128|
|Parish Share|75,303|—|—|—|75,303|76,658|
|Salary of Parish Administrator|1,928|—|—|—|1,928|1,638|
|Salary (Parish Administrator)|4,770|—|—|—|4,770|4,407|
|Organist for Worship Services|270|—|—|—|270|360|
|Organists for Sunday Services|480|—|—|—|480|420|
|Organist for Worship Services|—|—|—|—|—|180|
|(Arrears)|||||||
|Cleaner|876|—|—|—|876|982|
|Salary (Cleaner)|3,471|—|—|—|3,471|2,806|
|Hall Hire Administrator|1,504|—|—|—|1,504|246|
|Ministry Travel Rector and Lay|158|—|—|—|158|76|
|Minister|||||||
|Ministry Travel|410|200|—|—|611|428|
|Lay Ministers Expenses|151|—|—|—|151|130|
|Ministry Travel (Arrears)|—|—|—|—|—|35|
|Ministry Telephone & Broadband|239|—|—|—|239|274|
|Ministry Telephone/Broadband|667|—|—|—|667|617|
|Ministry Telephone/Broadband|—|—|—|—|—|21|
|(Arrears)|||||||
|Other Ministry Expenses|169|—|—|—|169|—|
|Mission, Evangelism & Outreach|202|—|—|—|202|214|
|Church running - insurance|962|—|—|—|962|918|
|Church Insurance|3,205|—|—|—|3,205|2,203|
|Church office - telephone|106|—|—|—|106|148|
|Church Office - Telephone &|229|—|—|—|229|347|
|Broadband|||||||
|Organ & Piano Tuning|246|—|—|—|246|565|
|Church maintenance|1,700|—|—|—|1,700|1,496|
|Church Repairs & Maintenance|3,173|—|—|—|3,173|579|
|Church Repairs & Maintenance|—|—|—|—|—|180|
|(Arrears)|||||||
|House Keeping Sundries|724|—|—|—|724|544|
|CCLI Church Licences|314|—|—|—|314|442|
|CCLI Licence|367|—|—|—|367|358|
|Hospitality|121|—|—|—|121|99|
|Sanctuary Supplies|117|—|—|—|117|110|
|Costs of Worship Services|879|—|—|—|879|839|
|Costs of Worship Services (Arrears)|—|—|—|—|—|5|
|Junior Church & Youth Education|189|—|—|—|189|146|
|Resources|109|—|—|—|109|43|
|Resource Material|279|—|—|—|279|42|



_Page 20_ 



|Evangelism & Outreach<br>Printing/Postage/Stationery<br>Printing, Postage & Stationery<br>Printing, Postage & Stationery<br>(Arrears)<br>Covid Costs<br>COVID costs<br>Office Equipment<br>Professional Fees<br>Church running - electric<br>Church Utility Bills - Electricity<br>Church Utility Bills - Electricity (Arr)<br>Church running - gas<br>Church Utility Bills - Gas<br>Church Utility Bills - Gas Arrears<br>Church Utility Bills - Water<br>Church running - water<br>Old Professional Fees<br>Bible Study Notes<br>Church Major Repairs - Structure<br>Church Major Repairs - Installation<br>Path Costs<br>Total|71<br>—<br>70<br>—<br>141<br>66<br>301<br>—<br>—<br>—<br>301<br>395<br>649<br>—<br>—<br>—<br>649<br>632<br>—<br>—<br>—<br>—<br>—<br>237<br>216<br>—<br>—<br>—<br>216<br>300<br>418<br>—<br>—<br>—<br>418<br>551<br>245<br>—<br>—<br>—<br>245<br>2,677<br>450<br>—<br>—<br>—<br>450<br>237<br>302<br>—<br>—<br>—<br>302<br>785<br>1,051<br>—<br>—<br>—<br>1,051<br>1,075<br>—<br>—<br>—<br>—<br>—<br>447<br>635<br>—<br>—<br>—<br>635<br>2,869<br>3,448<br>360<br>—<br>—<br>3,808<br>3,588<br>—<br>—<br>—<br>—<br>—<br>1,429<br>106<br>—<br>—<br>—<br>106<br>99<br>106<br>—<br>—<br>—<br>106<br>99<br>—<br>—<br>—<br>—<br>—<br>237<br>191<br>—<br>—<br>—<br>191<br>184<br>1,440<br>—<br>—<br>—<br>1,440<br>—<br>12,801<br>—<br>—<br>—<br>12,801<br>—<br>—<br>—<br>—<br>—<br>—<br>3,209|
|---|---|
||132,834<br>560<br>329<br>—<br>133,725<br>125,434|
|**EXPENDITURE TOTAL**|133,070<br>560<br>329<br>—<br>133,960<br>125,668|
|||
|**GRAND TOTAL**|(9,398)<br>189<br>(27)<br>—<br>(9,237)<br>(8)|



_Page 21_ 



## **The Parochial Church Council of Tettenhall Wood Financial Statements for the Year Ended 31[st] December 2021** 

## **Allocation of Support Costs** 

Support costs comprise Trustee Training and Governance Costs etc.  Due to the nature of the financial activities of the PCC, these would be allocated across Charitable Expenditure which comprises the majority of its expenditure and as such are automatically charged there. 

## **Staff Costs** 

||**2021**|**2020**|
|---|---|---|
||||
|Wages & Salaries|£ 13,299|£ 11,039|
||||
|Average number of<br>employees|3|3|
||||



During the year the PCC employed a Parish Administrator, Cleaner, and Hall Hire Administrator and no payments were large enough to attract social security costs. 

There were no employee benefits to key management personnel in the previous or current year. 

## **Trustees’ Remuneration & Expenses** 

No payments or expenses were paid during the year. 

## **Related Parties** 

1 trustee was paid £158 (2020 £76) for travel during the year. 

## **Fees for the examination of the accounts** 

||**2021**<br>**£**|**2020**<br>**£**|
|---|---|---|
||||
|Independent Examiner’s<br>fees|300|300|
||||
|Other fees (eg<br>accountancy services)<br>paid to the Independent<br>Examiner|0|0|
||||



_Page 22_ 



## **Current Assets** 

## a. Debtors 

||**2021**<br>**£**|**2020**<br>**£**|
|---|---|---|
||||
|Gift aid recoverable|7,801|11,983|
|Prepayments and accrued<br>income|962|1,305|
|Other debtors|||
||||
|**Total**|**8,763**|**13,288**|



## **Liabilities** 

## a. Amounts falling due within one year 

||**2021**<br>**£**|**2020**<br>**£**|
|---|---|---|
||||
|Accruals & deferred<br>income|6,009|1,822|
|Diocesanparish share|||
|Other creditors|||
||||
|**Total**|**6,009**|**1,822**|



_Page 23_ 



## **Tettenhall Wood Christ Church** 

## **Statement of Financial Activities for the year ended 31 December 2021** 

||**Unrestricted Designated**<br>**Restricted Endowment**<br>**Total**<br>**Prior year**<br>**funds**<br>**funds**<br>**funds**<br>**funds**<br>**funds**<br>**total funds**|
|---|---|
|**Income and endowments from:**<br>Donations and legacies<br>Income from charitable activities<br>Other trading activities<br>Investments<br>**Total income**<br>**Expenditure on:**<br>Raising funds<br>Expenditure on charitable activities<br>**Total expenditure**<br>**Net income / (expenditure) resources before**<br>**transfer**<br>**Transfers**<br>Gross transfers between funds - in<br>Gross transfers between funds - out<br>**Other recognised gains / losses**<br>**Net movement in funds**<br>**Total funds brought forward**<br>**Total funds carried forward**<br>**Represented by**<br>**Unrestricted**<br>General fund<br>**Designated**<br>Heating Fund<br>Organ Fund<br>Transport Fund<br>**Restricted**<br>Organ and Music<br>Rector's Discretionary Fund|79,865<br>—<br>—<br>—<br>79,865<br>81,786<br>2,364<br>750<br>—<br>—<br>3,114<br>4,714<br>3,786<br>—<br>—<br>—<br>3,786<br>3,780<br>65<br>—<br>—<br>—<br>65<br>(105)|
||**86,081**<br>**750**<br>**—**<br>**—**<br>**86,831**<br>**90,175**<br>98<br>—<br>—<br>—<br>98<br>99<br>96,414<br>560<br>57<br>—<br>97,032<br>82,346|
||**96,512**<br>**560**<br>**57**<br>**—**<br>**97,130**<br>**82,446**|
||**(10,430)**<br>**189**<br>**(57)**<br>**—**<br>**(10,298)**<br>**7,728**<br>—<br>—<br>5<br>—<br>5<br>194<br>(5)<br>—<br>—<br>—<br>(5)<br>(194)|
||**(10,435)**<br>**189**<br>**(52)**<br>**—**<br>**(10,298)**<br>**7,728**|
||**95,890**<br>**30**<br>**2,679**<br>**—**<br>**98,600**<br>**90,871**|
||**85,454**<br>**219**<br>**2,627**<br>**—**<br>**88,301**<br>**98,600**<br>85,454<br>—<br>—<br>—<br>85,454<br>95,890<br>—<br>40<br>—<br>—<br>40<br>—<br>—<br>180<br>—<br>—<br>180<br>30<br>—<br>0<br>—<br>—<br>0<br>—<br>—<br>—<br>2,627<br>—<br>2,627<br>2,627<br>—<br>—<br>—<br>—<br>—<br>52|



_Page 24_ 



## **Tettenhall Wood Good Shepherd** 

## **Statement of Financial Activities for the year ended 31 December 2021** 

||**Unrestricted Designated**<br>**Restricted Endowment**<br>**Total**<br>**Prior year**<br>**funds**<br>**funds**<br>**funds**<br>**funds**<br>**funds**<br>**total funds**|
|---|---|
|**Income and endowments from:**<br>Donations and legacies<br>Income from charitable activities<br>Other trading activities<br>Investments<br>**Total income**<br>**Expenditure on:**<br>Raising funds<br>Expenditure on charitable activities<br>**Total expenditure**<br>**Net income / (expenditure) resources before**<br>**transfer**<br>**Other recognised gains / losses**<br>**Net movement in funds**<br>**Total funds brought forward**<br>**Total funds carried forward**<br>**Represented by**<br>**Unrestricted**<br>General fund<br>**Designated**<br>John Underwood Fund Received 2013<br>Peace Garden<br>**Restricted**<br>Choir Fund<br>Donation for Educational Purposes (2011)<br>Flower Festival  Donations<br>Flower Fund<br>Interior Decoration Scheme<br>Organ Fund<br>Special Collections<br>St Thomas Fund Requested by diocese to<br>keep<br>Vicars Discretionary<br>Xpedition Club Formerly Lighthouse|26,361<br>—<br>302<br>—<br>26,663<br>29,031<br>9,253<br>—<br>—<br>—<br>9,253<br>7,006<br>1,192<br>—<br>—<br>—<br>1,192<br>1,198<br>782<br>—<br>—<br>—<br>782<br>1,000|
||**37,589**<br>**—**<br>**302**<br>**—**<br>**37,892**<br>**38,236**<br>137<br>—<br>—<br>—<br>137<br>134<br>36,420<br>—<br>272<br>—<br>36,693<br>43,087|
||**36,558**<br>**—**<br>**272**<br>**—**<br>**36,830**<br>**43,222**|
||**1,031**<br>**—**<br>**29**<br>**—**<br>**1,061**<br>**(4,986)**|
||**1,031**<br>**—**<br>**29**<br>**—**<br>**1,061**<br>**(4,986)**|
||**51,129**<br>**7,225**<br>**25,813**<br>**—**<br>**84,168**<br>**89,154**|
||**52,161**<br>**7,225**<br>**25,843**<br>**—**<br>**85,230**<br>**84,168**<br>52,161<br>—<br>—<br>—<br>52,161<br>51,129<br>—<br>6,908<br>—<br>—<br>6,908<br>6,908<br>—<br>317<br>—<br>—<br>317<br>317<br>—<br>—<br>148<br>—<br>148<br>148<br>—<br>—<br>5,000<br>—<br>5,000<br>5,000<br>—<br>—<br>1,050<br>—<br>1,050<br>1,050<br>—<br>—<br>117<br>—<br>117<br>87<br>—<br>—<br>217<br>—<br>217<br>217<br>—<br>—<br>2,057<br>—<br>2,057<br>2,057<br>—<br>—<br>61<br>—<br>61<br>61<br>—<br>—<br>16,666<br>—<br>16,666<br>16,666<br>—<br>—<br>52<br>—<br>52<br>52<br>—<br>—<br>471<br>—<br>471<br>471|



_Page 25_ 



|**Statement of Financial Activities 2020**|**Statement of Financial Activities 2020**|||||||
|---|---|---|---|---|---|---|---|
|||||||||
|||||||||
|||**Unrestricted**<br>**Funds**<br>**£**|<br>**Designated**<br>**Funds**<br>**£**|<br> <br>**Restricted**<br>**Funds**<br>**£**|<br>**Endowment**<br>**Funds**<br>**£**|<br>**Total**<br>**Funds 2020**<br>**£**|**Total**<br>**Funds 2019**<br>**£**|
|**Incoming Resources**|||||||_*see note 12 for full_<br>_comparatives_|
|**Income and endowments from:**||||||||
|VoluntaryIncome|**2a**|109,526|-|1,353|-|110,879|90,973|
|Activities for GeneratingFunds|**2b**|2,594|-|-|-|2,594|10,463|
|Income from Investments|**2c**|832|-|-|-|832|1,223|
|Church Activities|**2d**|11,044|310|-|-|11,354|29,734|
|Other|**2e**|2,751|-|-|-|2,751|4,293|
|||||||||
|**Total**||126,746|310|1,353|-|128,409|136,686|
|**Resources Expended**||||||||
|**Expenditure on:**||||||||
|RaisingFunds|**3a**|233|-|-|-|233|3,415|
|Church Activities|**3b**|123,293|179|1,960|-|125,433|123,313|
|Other|**3c**|-|-|-|-|-|9,624|
|||||||||
|**Total**||123,527|179|1,960|-|125,666|136,352|
|||||||||
|**Net Income/(Expenditure)**<br>**before investment**||3,220|131|(607)|-|2,743|334|
|Net gain/(losses) on investments|**7(b) &**<br>**8(a)**|-|-|-|-|-|-|
|||||||||
|**Net Income/(Expenditure)**||3,220|131|(607)|-|2,743|334|
|||||||||
|Transfer between Funds|**6**|59|(101)|41|-|-|-|
|||||||||
|**Net Movement in Funds**||3,279|30|(566)|-|2,743|334|
|||||||||
|**Total Funds brought forward**|**11**|143,740|7,226|29,061|-|180,026|179,692|
|||||||||
|**Total Funds carried forward**||147,020|7,255|28,493|-|182,769|180,026|



_Page 26_