## ## ## |||||Pages| |---|---|---|---|---| |Trustees'
annual
report||||1 to 13| |Independent
examiner's
report||to the trustees||14| |Statement offinancial|activities|||| |Statement offinancial|position|||16| |Notes to the financial|statements|||17to 24| |The following
pages|do not form part of||the financial|statements| |Detailed statement
of|financial|activities||26 to 27| |Notes to the detailed|statement|offinancial|activities|28| # ## ## |Registered|charity|name|The Parochial
Church|Council and Ecclesiastical|Council and Ecclesiastical|Parish of| |---|---|---|---|---|---|---| ||||Kingswinford,
St Mary|||| |Charity registration||number|1133868|||| |Principal office|||The EcoVicarage|||| ||||15Penzer Street|||| ||||Kingswinford|||| ||||West Midlands|||| ||||DY6 TAA|||| |The trustees|||Revd Adam R Hadley|(Appointed|15th July 2021)|| ||||Mrs Jill Nicholls|||| ||||Mrs Debbie Filgate|||| ||||Mr Robert Green|||| ||||Mrs Mary Thompson|||| ||||Mrs Margaret
Penn|||| ||||Mrs Jean Blakemore|||| ||||Mrs Sheila Freeman|||| ||||Mrs Sheila Abrahams|||| ||||Mrs Sara Horton|||| ||||Mrs Jane Lamb|||| ||||Mr Michael Penn|||| ||||Mrs Karen Whitehouse|||| ||||Mr Neil Whitehouse|||| ||||Mr Geoffrey Nicholls|||| ||||Mrs Helen Moran|||| ||||Mr Neil Oliver|||| ||||Mr David Cousins|||| ||||Mrs Jennifer Stewart|||| |Independent|examiner||MRS R E CLARKE FCCA OF
Griffiths 8Pegg Limited|||| ||||3 Hagley Court South|||| ||||Waterfront
East|||| ||||Level Street|||| ||||Brierley
Hill|||| ||||West Midlands|||| ||||DY5 1XE|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## # ## ## ## ## ## ## ## ## ## ## ## ||||Year ended|31stDecember 2021|31stDecember 2021||| |---|---|---|---|---|---|---|---| |||||2021|||2020| ||||Unrestricted|Restricted|Endowment||| ||||funds|funds|funds|Total funds|Total funds| |||Note|6||6|6|8| |Income and endowments|||||||| |Donations
and legacies||4|96,434|1,661||98,095|64,643| |Fees and lettings||5|35,645|||35,645|27,278| |Investment
income||6|1,738|989||2,727|2,847| |Other income||7|20,931|4,875|4,300|30,106|6,878| |Total Income|||154,748|7,525|4,300|166,573|101,646| |Expenditure|||||||| |Expenditure
on|||||||| |charitable
activities||8,9|79,832|||79,832|185,964| |Total expenditure|||79,832|||79,832|185,964| |Net income/(expenditure)|||||||| |and net movement|In funds||74,916|7,525|4,300|86,741|(84,318)| |Reconciliation
offunds|||||||| |Total funds brought|forward||94,734|141,013|30,055|265,802|350,120| |Total funds carried forward|||169,650|148,538|34,355|352,543|265,802| ## ||State|ment ofFinancial
Pos|ment ofFinancial
Pos|ition|||| |---|---|---|---|---|---|---|---| |||31stDecember 2021|||||| |||Note|2021||f|2020|| |FIXEDASSETS|||||||| |Tangible fixed assets||13||90,000|||90,000| |Investments||14||106,734|||93,873| |||||196,734|||183,873| |CURRENT ASSETS|||||||| |Debtors||16|6195||9,852||| |Cash at bank and
in hand|||161,508||152,931||| ||||166,703||162,783||| |CREDITORS: amounts|falling due||||||| |within one year||16|(10,894)||(80,854)||| |NET CURRENT ASSETS||||165,809|||81,929| |TOTAL ASSETS LESS|CURRENT||||||| |LIABILITIES||||352,643|||265,802| |NET ASSETS||||352,643|||265,802| |FUNDS OF THE CHARITY|||||||| |Endowment
funds||||34,366|||30,055| |Restricted
funds||||148,538|||141,013| |Unrestricted
funds —Designated||||85,081|||102,646| |Unrestricted
funds —General||||84,669|||(7,912)| |Total charity funds||17||352,543|||265,802| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Donations
and legac|i|es||||| |---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total Funds| |||||Funds|Funds|2021| |||||F|6|| |DONATIONS||||||| |Planned
Giving||||48,736||48,736| |Gift aid||||11,877||11,877| |Collections open plate||all services||6,267||6,287| |Sundry donations||||6,908||6,908| |Donations
to Church|Restoration||Fund|||| |Donations
to Youth &||Education|Fund||1,661|1,661| |LEGACIES||||||| |Legacies||||22,000||22,000| |OTHER DONATIONS||AND LEGACIES||||| |Fund raising||||626||626| |||||96,434|1,661|98,095| |||||Unrestricted|Restricted|Total Funds| |||||Funds|Funds|2020| |||||E|F|E| |DONATIONS||||||| |Planned
Giving||||39,032||39,032| |Gift aid||||10,164||10,164| |Collections open plate||all services||3,309||3,309| |Sundry donations||||3,774||3,774| |Donations
to Church|Restoration||Fund|3,000||3,000| |Donations
to Youth &||Education|Fund||4,922|4,922| |LEGACIES||||||| |Legacies||||||| |OTHER DONATIONS||AND LEGACIES||||| |Fund raising||||||442| |||||59,721|4,922|64,643| ## ## ## ## ## |Fees an|d lettings||||| |---|---|---|---|---|---| |||Unrestricted|Total Funds|Unrestricted|Total Funds| |||Funds|2021|Funds|2020| |||||5|f| |Funeralfees||25,847|25,847|19,057|19,057| |Wedding|fees|1,947|1,947|291|291| |Rent No|4|6,774|6,774|6,693|6,693| |Church|Hall lettings|1,077|1,077|1,237|1,237| |||35,645|35,645|27,278|27,278| ## |||Unrestricted|Restricted|Total Funds| |---|---|---|---|---| |||Funds|Funds|2021
f| |Bank interest||18||18| |Dividend|income|1,720|989|2,709| |||1,738|989|2,727| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2020| |||F|2|2| |Bank interest||228||228| |Dividend|income|1,664|955|2,619| |||1,892|955|2,847| ## |Other inc|ome||||| |---|---|---|---|---|---| |||Unrestricted|Restricted|Endowment|Total Funds| |||Funds
6|Funds|Funds
2|2021
f| |Unrealised|gains on investments|4,183|4,875|4,300|13,358| |Furlough|receipts|983|||983| |Other income||15,765|||15,765| |||20,931|4,875|4,300|30,106| |||Unrestricted|Restricted|Endowment|Total Funds| |||Funds|Funds|Funds|2020| |||E||E|F| |Unrealised|gains on investments|1,881|2,193|1,934|6,008| |Furlough|receipts|870|||870| |Other income|||||| |||2,751|2,193|1,934|6,878| ## ## ## ## ## |Expenditure|on charitable
activiti|es
by fund type|||| |---|---|---|---|---|---| |||Unrestricted|Total Funds|Unrestricted|Total Funds| |||Funds|2021|Funds|2020| |||E||6|6| |The Church|ofthe Ascension,||||| |Wall Heath||(2,024)|(2,024)|50,714|50,714| |St. Marys,|Kingswinford|78,204|78,204|134,020|134,020| |Support costs||3,652|3,652|1,230|1,230| |||79,832|79,832|185,964|185,964| ## ## ||||||||Activities|||| |---|---|---|---|---|---|---|---|---|---|---| ||||||||undertaken|Support|Total funds|Total fund| ||||||||directly
f|costs
6|2021
f.|2020
6| ||The Church|ofthe Ascension,||||||||| ||Wall Heath||||||(2,024)||(2,024)|51,914| ||St. Marys,|Kingswinford|||||78,204||78,204|135,220| ||Governance||costs|||||3,652|3,652|(1,170)| ||||||||76,180|3,652|79,832|185,964| |10.|Independent||examination|fees||||||| ||||||||||2021|2020| |||||||||||6| ||Fees payable||to the independent||examiner||for:|||| ||Independent||examination|ofthe|financial|statements|||2,400|2,400| ## ## ## ## ## ## |Tangible fixed|assets|| |---|---|---| |||Land and| |||buildings| |Cost||| |At 1stJanuary|2021 and 31st December 2021|90,000| |Depreciation||| |At 1stJanuary|2021 and 31st December 2021|| |Carrying
amount||| |At 31st December 2021||90,000| |At 31stDecember 2020||90,000| ## |14.|investments||||| |---|---|---|---|---|---| ||||||Other| ||||||investmentsf| ||Cost or valuation||||| ||At 1st January|2021|||93,873| ||Additions||||| ||Disposals||||(497)| ||Fair value movements||||13,358| ||At 31st December 2021||||106,734| ||Impairment||||| ||At 1stJanuary 2021||and 31st December 2021||| ||Carrying
amount||||| ||At 31stDecember 2021||||106,734| ||At 31st December 2020||||93,873| ||All investments|held above are shown at valuation.|||| |15.|Debtors||||| |||||2021|2020| ||Prepayments|and accrued income||2,770|7,786| ||Other debtors|||2,425|2,066| |||||5,195|9,852| |16.|Creditors: amounts||falling due within one year||| |||||2021|2020| ||||||6| ||Accruals
and|deferred|income|10,894|80,854| ## ## ## ## ## |Unrestric|te|d
funds||||||| |---|---|---|---|---|---|---|---|---| ||||||At 1d|||At31"| ||||||January|||December| ||||||2021
E|Income
f|Expenditure
F|2021
E| |General funds|||||(7,912)|132,748|(40,267)|84,569| |Designated||Restoration||Fund|102,646|22,000|(39,565)|85,081| ||||||94,734|154,748|(79,832)|169,650| ||||||At 1d|||At 31@| ||||||January|||December| ||||||2020
F|Income
E|Expenditure
E|2020
f| |General funds|||||39,157|88,642|(135,711)|(7,912)| |Designated||Restoration||Fund|149,899|3,000|(50,253)|102,646| ||||||189,056|91,642|(185,964)|94,734| |Restricted||funds||||||| ||||||At 1"|||At 31"| ||||||January|||December| ||||||2021
F|Income|Expendituref|2021
E| |Education||Fund|||32,115|5,864||37,979| |Youth and||Education|Fund||18,898|1,661||20,559| |Property|Fund: No 4||The Village||90,000|||90,000| ||||||141,013|7,525||148,538| ||||||At 1d|||At 31d| ||||||January|||December| ||||||2020|Income|Expenditure|2020| ||||||E|E|F|F| |Education||Fund|||28,967|3,148||32,115| |Youth and||Education|Fund||13,976|4,922||18,898| |Property|Fund: No 4||The Village||90,000|||90,000| ||||||132,943|8,070||141,013| ## ## ## ## ## |Endowmen|t
funds|||||| |---|---|---|---|---|---|---| ||||At 1"|||At 31si| ||||January|||December| ||||2021|Income|Expenditure|2021| |||||||6| |Permanent|Endowment|Fund|30,055|4,300||34,355| ||||At 1"|||At31"| ||||January|||December| ||||2020
f|Income|Expenditure|2020
f| |Permanent|Endowment|Fund|28,121|1,934||30,055| ## |Analysis of net as|sets between|funds|||| |---|---|---|---|---|---| |||Unrestricted|Restricted|Endowment|Total Funds| |||Funds|Funds|Funds|2021| |||6|6|6|6| |Tangible fixed assets|||90,000||90,000| |Investments||33,423|38,956|34,355|106,734| |Current assets||147,121|19,582||166,703| |Creditors less than|1 year|(10,894)|||(10,894)| |Net assets||169,650|148,538|34,355|352,543| |||Unrestricted|Restricted|Endowment|Total Funds| |||Funds|Funds|Funds|2020| ||||F||F| |Tangible fixed assets|||90,000||90,000| |Investments||29,737|34,081|30,055|93,873| |Current assets||145,851|16,932||162,783| |Creditors less than|1 year|(80,854)|||(80,854)| |Net assets||94,734|141,013|30,055|265,802| # ## ## ## ## ## ||Y|ear ended 31st Dece|mber 2021|| |---|---|---|---|---| ||||2021|2020| ||||6|E| |Income and endowments||||| |Donations
and legacies||||| |Planned
Giving|||48,736|39,032| |Gift aid|||11,877|10,164| |Collections
open plate all services|||6,287|3,309| |Sundry donations|||6,908|3,774| |Donations
to Church|Restoration|Fund||3,000| |Donations
to Youth|& Education|Fund|1,661|4,922| |Legacies|||22,000|| |Fund raising|||626|442| ||||98,095|64,643| |Fees and lettings||||| |Funeral fees|||25,847|19,057| |Wedding fees|||1,947|291| |Rent No 4|||6,774|6,693| |Church
Hall lettings|||1,077|1,237| ||||35,645|27,278| |Investment
income||||| |Bank interest|||18|228| |Dividend
income|||2,709|2,619| ||||2,727|2,847| |Other Income||||| |Unrealised
gains on|investments||13,358|6,008| |Furlough
receipts|||983|870| |Other income|||15,765|| ||||30,106|6,878| |Total income|||166,573|101,646| ## ## ## ||||Year ended 31st Dece|mber 2021|| |---|---|---|---|---|---| |||||2021|2020| |||||6|5| |Expenditure|||||| |Expenditure
on charitable||activities|||| |Wages and salaries||||1,709|1,795| |Education expenses||||311|243| |Organ and music|||||46| |Utilities —Gas||||3,986|3,959| |Utilities —Electricity||||2,623|1,845| |Utilities —Water||||276|264| |Utilities —Waste||||499|490| |Utilities —Wifi||||301|53| |Repairs and maintenance||||57,311|74,427| |Insurance||||6,506|6,706| |Sundries||||2,168|3,388| |Donations||||2,042|2,095| |Legal and professional|fees|||3,558|1,230| |Churchyard
expenses||||171|292| |Printing
and stationery||||2,839|2,828| |Bank charges||||94|| |Parish share —paid/due||||50,000|69,848| |Parish share - provision|written||off|(75,927)|| |Clergy expenses||||1,013|2,724| |Caretaker costs||||992|833| |Wedding
and funeral expenses||||16,722|12,307| |Church services and altar expenses||||2,638|591| |||||79,832|185,964| |Total expenditure||||(79,832)|(185,964)| |Net Income/(expenditure)||||86,741|(84,318)| ## ## ## ||||Y|e|ar ended 31st Decemb|er 2021|| |---|---|---|---|---|---|---|---| |||||||2021|2020| |||||||6|8| |Expenditure
on charitable|||activities||||| |The Church ofthe Ascension,||||Wall Heath|||| |Actfv/t/es
undertaken|d/rect/y||||||| |Education expenses||||||311|243| |Utilities —Gas||||||2,607|2,818| |Utilities —Electricity||||||657|393| |Utilities —Water||||||139|131| |Repairs and renewals||||||3,935|11,930| |Insurance||||||1,476|1,481| |Sundries||||||719|675| |Donations||||||180|493| |Printing
and stationery||||||1,889|2,034| |Parish Share —paid/due||||||24,000|27,649| |Parsh Share —provision||written||off||(39,046)|| |Clergy expenses||||||117|2,034| |Caretaker costs||||||992|833| |||||||(2,024)|50,714| |Supportcosts|||||||| |Accountancy
fees||||||1,200|1,200| |St.Marys, Klngswlnford|||||||| |Act/v/tfes
undertaken|d/rect/y||||||| |Salaries||||||1,709|1,795| |Organ and music|||||||46| |Utilities —Gas||||||1,379|1,141| |Utilities —Electricity||||||1,966|1,452| |Utilities —Water||||||137|133| |Utilities —Waste||||||499|490| |Utilities —Wifi||||||301|53| |Repairs and renewals||||||53,376|62,497| |Insurance||||||5,030|5,225| |Sundry expenses||||||1,449|2,713| |Donations||||||1,862|1,602| |Churchyard
expenses||||||171|292| |Printing
and stationery||||||950|794| |Parish share —paid/due||||||26,000|42,199| |Parish share —provision||written||off||(36,881)|| |Clergy expenses||||||896|690| |Wedding
and funeral expenses||||||16,722|12,307| |Church services and altar expenses||||||2,638|591| |||||||78,204|134,020| |Support costs|||||||| |Accountancy
fees||||||1,200|1,200| |Accountancy
fees —overprovision|||||and timing||(1,250)| |Legal and other professional|||fees|||1,158|80| |Governance
costs - other||finance|||costs|94|| |||||||2,452|30| |Expenditure
on charitable|||activities|||79,832|185,964|