PAROCHIAL CHURCH COUNCIL
of ST. NICHOLAS, EAST DEREHAM
IREGISTERED CHARITY NO. 11339601
FINANCIAL STATEMENTS
for the YEAR ENDED
31st DECEMBER 2021
Prepared by: Aff inity A550ciates {EA) Ltd
ACCA Accounts

ST. NICHOLAS PARISH CHURCH DEREHAM
Contents
Administrative Information
Independent Examiners Certificate
Statement of Financial Activities ISOFAI
Balance Sheet
Notes to the Financial Statements
Administratlve Information
PCC Members
Chair & Incumbent Reverend Canon Paul Cubitt
Wardens
Sheila Hanmer (Vice Chair & Deanery Synod Representative)
Marguerite Ottyto May'21
Marion Morgan fromJune'21
Elected Members
First Elected
2021
2020
2016 to Dec'21
2020
2016
2017 to Dec'21
2021
2018 to Mar'21
2017
Kate Baldry
Ann Betts
Richard Bower IDirector of Music}
Melva Brunning (Co-opted)
Barbara D'Arts (Deanery Synod Repre5entative}
Lynn Hearn
Roger Hodson
Ann Johnston
Robert Lake (Treasurer)
Sonja May (Safeguarding Officer &
Deanery Synod Representative)
Dinah Reed (Secretary)
Evelyr7 Speed
Gary Sutton
2020 to Aug'21
2020
2018
2020 to Oct'21
Contact Information
Church Office, Church House, Church Street, Dereham. Norfolk NR19 1 DN
Telephone 01362 693143 email..
h.office.dereham
mail.com
Principal Bankers
CCLA Investment Management Ltd
COIF Charity Funds
80 Cheapside
London
HSBC UK
1 Market Place
Dereham
Norfolk
NR191DY
EC2V 6DZ

Independent Examiner's Certificate
for the PCC Accounts
Report to the trustees of:
On accoun15 for the year ¢nde41.' 31 Decemb￿ 2021
St. Nicholas. Fast Derebam Parochial Church Council
Charity Number (if applicable).. 1133960
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ACCA Accoutttststs
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24E Norwieth Stre¢t
Dereh•m
Norfolk
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statement of Financial Activities (SOFA)
fortrE SEareTrJirwJ 31 DECEMBER2021
2021
2020
rK•
Voluntaryln¢*me
Inwrne GEne￿￿1Th
Cth8r Inc￿8
75.967
16fi69
11M9
2.461
78A2B
16010
12.925
4.807
87.594
612
1236
11.462
141
hwme from In￿*￿￿nts
63
TfAal kn¢onhi
104 J31
4JOO
112J70
91172
E%pnd*ur•
Pwlih Sharn
Clargy
Churr*
•J6lc
71.966
71M6
2JaS
13137
4236
7299
563
81
73204
2.159
16.307
11.397
4236
7299
583
81
7287
Ch•rti•N• GI￿n9
Fund Raisino Colts
OtherkMunts
Go*mAnL*Coits
254
479
479
330
99.8•$
Tot•1 ¢xp•￿knr•
2,440
100W41
N•t Incon* l•xprxlknr•
Unr••Va•d GI1￿01$ on
Inwitm•Dt A•••l•
P4uif8d ks8tlBell Rlnqern
TrnMhi* b•tsv••n
lJ•8
4*00
12.123
43
.7WI
446
346
e•knn¢•• •¢ i JIn￿ry2021
Al￿￿￿•nItaAcCaUn1•
47,774
42
25M11
35.879
108fft4
*40
116218
ne•• •t31 D•¢•fflb•r
32.711
27*71
40M79
121311
i P•tyCo•h not Indudod In b•i•n

BALANCE SHEET as at 31st December 2021
Note
2021
B•lanc•
2020
Balanee
FIXED AssErs
Tangible Fixwj Assets
CURRENT ASSErs
Debtors & Prepayments
Inwstmenl Asset
Cash al Bank
4.172
40.679
77.391
1.118
£2,712
£35.879
£71,097
Cash al Bank INatiwwJe}
Cash In Hand
123.365
£109,693
LIA81LITIES
-2.095
1.029
TOTAL ASSEfs 10•5 LIABIUTIES
121.270
£108,664
TOTAL NET ASSETS
121,270
£108,664
PARISH FUNDS R•pr••bntsd ty
Unrestn¢led
Designated
Re81ncted
Reslricled En¢*Th¥ment
43,390
2,589
34,812
40.679
£47.774
£25.011
£35,879
TOTAL FUNDS
121,270
£108,664
The financial statemenls were approved by the Parochial Church Council on
2022 and are signed on its behalf by..
The Reverend Canon Paul Cubrtt
Robert O. Lake (Treasurer)

NOTES TO THE FINANCIAL STATEMENTS
I. ACCOUNTING POLICIES
These financial statements have been prepared under the Charities Act 2011 and in accordance with
the Church Accounting Resulations 2006 governing the individual accounts of PCCS.
1.1 ASSETS
1.1.2 Consecrated and benefice property
In so far as consecrated and benefice property of any kind is excluded from the statutory definition
of 'charity' by Section 10121131 and Icl of the Charitie5 Act 2011 such assets are not capitalised in the
financial statement5.
1.1.2 Moveable church furnishings
No such items have been purchased that require capitalisation at cost and depreciation. All iterns
are included in the Church's inventory in any case.
1.1.3 Tangible fixed assets for use by charlty
No such items have been purchased, for £1,000 or more. that require capitalisation at cost and
depreciation.
1.1.4 Investments
Investments quoted on a recognised stock exchange or whose value derives from them is valued at
market value at the year end.
1.1.5 Short term deposlts
These are the cash held on deposit with the CCLA.
1.2 FUNDS
1.2.1 Unrestricted Funds
These represent the remaining income fund5 of the PCC that are available for spending on the
general PLJrposes of the PCC, Including amounts designated by the PCC for fixed a55ets 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 trLJStees' report.
1.2.2 Restricted Funds
These are income funds that must be spent on restricted purposes and details of the fLJnds held are
shown in the notes to the accounts.
1.2.3 Endowment Funds
These are restricted funds that must be retained as trust capital.

2. INCOME
Unrestricted Re$lricled
Funds
Funds
Total
2021
Total
2020
a. Voluntary Income
Planned Giiing - Gift Aid Donations
Planned Giilng - Tax recO￿rea
Planned GiI4ng without Gift Aid
Collections (open platel
Donations
Leg￿leS
Collections for Charity
OlheT
41.725
15.073
7.852
3,782
6.536
1,QC()
120
41.845
15,454
7,852
3,782
8,4
1,000
46,803
13,071
8,186
2,960
11.250
5,000
324
381
63
b. Income Generation
Fund Raising
Sale of Refreshments
16,239
430
141
16,380
430
529
Other Incomo
From Villages IN8rds expense$
Rent fr)r Playing Field
Refunds & Reco￿rieS
Administration lrtome
Ministry Fees
6,887
6,887
1,236
295
63
6,787
1.218
1,236
295
63
4,443
4.443
3,365
d. Income from Inve*monts
COIF Interest
141
INCOME TOTAL
104,332
3.838
108.170
99,872

3. EXPENDITURE
Un￿trict￿j
Funds
Restricted
Funds
Total
2021
Total
2020
Parl•h Sharn
Diocesan Parish Share
71.
71.966
73,204
Cl•rgy
Clergy Expenses
Other Ministry Costs
2.289
2.289
1,505
Runnlng & Malnt•nanco of
Church
16,307
Energy
Insurarte
2,923
5,750
218
2,923
5.750
Repairs & Mainlenarte
RD)f Security
Other Costs
2,IA7
2.L%7
2,188
1.750
Mu•l¢
'wtor of Music {incl. locum)
Music & Streaming ￿'CenSe
3.919
3,919
317
317
Othor
Offl¢•
Beneffice Adminislrntor
Running Beneficg Office
3,2¢XI
3.2CQ
3.550
3,717
Charltable Glving
PCC Chanlies
324
30
Other Chantie8
Fund R•l•bng C+>•l•
Misc.
81
81
Oth•r Accounts
Other PCC Account8 {2020)
254
Other E¥wnw•
Other Parish Expenses
ProfessIL￿al Fee5
129
129
350
350
EXPENDITURE TOTAL
98.4
1CQ,846
99,895

4. STAFF COSTS & FEES PAID
2021
£7,119
2020
£6.654
Wages and Salaries
Av. No. Employees
Durin8 the year the PCC employed a parish administrator, a Director of Music (also organist).
The Clergy team were paid travel and other agreed expenses totalling £2,289.41.
Our Director of Music has also been a member of the PCC during 2021: he does not attend or vote
on PCC agenda items that Involve discussion of his remuneration.
Independent Examinerfs Fees
£350
£350
5. FIXED ASSETS
5.1 Tanglble Flxed Assets
5.1.1 Land on the corner of Westfield Road and School Lane Toftwood
This land was purchased in 1961 for £250. It is rented from the Church by Dereham Town Council
for use as a play area.
5.2 Investments Fixed Assets
Value at
31.12.21
E Dereham COE Middle School Fund £40.679
Value at
31.12.20
£35,879
Net
GainlLoss
£4.800
6. DEB TORS
2021
Total
£4172
2020
Total
£2,712
Other Debtors & Prepayments
7. LIABI LITIES:
2021
Total
£2095
2020
Total
£1.029
Credltor3 for soodj and Jervice3

8. FUND DETAILS
Fund Movement Summary
omir¥J
Resources
Rescarn In￿stment Balance at
ExperKled
Gan
31.1121
01.01.21
The PCC Restricted Endth¥matt ￿ndS ccynprise..
Dereh8m CeE Middle Sch
.879
34879
40.679
40,679
The PCC Restricted Imds ¢￿prise..
Fabric Fund
Orgart Fund
Muslc Fund
The Bdl and Tomryr Fund
Buildirg Project FuTrd
Sanctuary FIowEfs Fund
Childrens Ministries Fur
4327
&370
1.236
4.874
6.183
1.523
1.187
1.375
10
11736
13,300
362
170
$92
632
FdlowsP¥'p Account
FloY￿r Accwnt
Rector & Churctrhvwdens
Bell Ringers Petty Cash
121
135
-14
n7
6,737
1,118
34,612
1.117
6,491
31,748
The PCC Designated funds comprf8e'.
Annual Insurance
Admin Expenses
2,311
5,750
2,661
28
28
2.311
6,028
5.760
8.1 Music Fund
The PCC resolved during 2021 to split the Organ Fund of 2021 into separate Organ and Music Funds.
8.2 The Bell and Tower Fund
The PCC agreed during 2021 that an adjustment should be applied to this Fund so that it matched
the expectations of the Bell Ringers.
10

8.3 Insurance Fund
The PCC saves Money towards the annual insurance premium by transferring £500 per month of
unrestricted funds into this designated fund.
8.4 The General Fund
This unrestricted fund, comprising all other monies in all other accounts is not shown in the above
table.
8.4 Bell Ringers Petty Cash Fund
This restricted fund, is held entirely in one account. The money therein is used by the Bell Ringers to
pay for heating in the Bell Tower, bell ropes and other sundry expenses.
8.5 Investment Gain
The small investment gains from all funds have been added to the General Fund.
9. RESTRICTED ENDOWMENT FUND
The Restricted Endowment Fund is held in Trust for the sole benefit of The Dereham Church of
England Junior Academy and is administered by the Diocese. Dividends are paid direct to the
Trustees for the benefit of the school.
10. CHARITIES SUPPORTED IN 2021
Childrens Society
Royal British Legion
S¢outs
£207
£212
£144
11. ASSOCIATED CHARITIES
There are two associated charities both of which are independently registered with the Charity
Commission.
11.1 The Friends of St Nlcholas
This charity was commenced in 2006 with the aim of rai5in8 money for the fabric of the Church.
11.2 The Church Estate and Headborough Charity
This charity 15 administered by a Management Committee on behalf of the Trustees, who are also
members of the PCC. Church House, Church Cottage and the Garden Allotrnents are held in trust
for the Charity.
The PCC use5 Church House free of charge for all its activities including the Parish Office. meeting
rooms and Church Hall for social events, fund raising activities and meetings. The PCC pays a
proportional contribution towards energy costs.
12. Historic Totals for 2020
These 2021 Accounts have been prepared by a newtreasurer and examined by new Independent
Examiner using new accounting software, new nominals and new accounts structure.
The 2020 Accounts, entirely correct. were prepared by the previous treasurer and independent
examiner using other software, other nominals and other accounts structure.
Where historic totals are shown it is likely that they will be on a like-for-like basis however it is
PO55ible that some will not, particularly where totals have been aggregated.
11