2021-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Barnabas, Erdington

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Charity Registration	Charity Registration	1134064
Incumbent	(Chair)	Rev. Emma Sykes
Curate		Rev Susan Pea	rson (from 26June 2021)
Church Wardens		Simon Dodson
		Jane Wood
Treasurer		Simon Dodson
Secretary		Jane Smith (co-opted)
Elected Members		Rebecca Helmn
		Constance Dangare
		Barbara Ubah
		Derek Haywood
		Louise Ordidge
		Sandra Rogers
		Ben Hodson-Franks		{resigned October 2021)
		Rev Margaret	Robinson (Co-opted May 2021)
Registered	Address	High Street
		Erdington
		Birmingham
		823 6SY
Independent	Examiner	Adam Bexon MChem		FCA
		Harwoods Chartered		Accountants
		1Trinity Place
		Sutton Coldfield
		B72 1TX
Bankers		Lloyds Bank
		207 High Street
		Erdington
		Birmingham
		823 6SZ

			Note	Unrestricted	Restricted	Total Funds	Total Funds
				Funds	Funds	2021	2020
INCOMING RESOURCES
Donors			2a	43,263		43,263	32,509
Other voluntary donors			2b	21,032		21,032	42,715
Operating activities			2c	95,726		95,726	58,625
Interest received			2d	43	15	58	357
Otherincome			2e	12,382		12,382	5,734
Investment income			2f	85,884	11,873	97,757	110,497
Insurance claims							130
TOTAL INCOMING RESOURCES				258,330	11,888	270,218	250,567
Resources expended
Grants			3a		1,345	1,345	1,540
Activities directly related
to the work ofthe Church			3b	303,893		303,893	274,644
Church management IL
administration			3c	8,303		8,303	10,055
TOTAL RESOURCES EXPENDED				312,196	1,345	313,541	286,239
Net (outgoing)/incoming	resources			(53,866)	10,543	(43,323)	(35,672)
for the year
(Losses)/gains on investment		Realised		34,822		34,822	14,687
Unrealised				223,096	58,064	281,160	(70,275)
Transfers between funds				20,266	(20,266)
Balances brought forward	at			2,221,941	435,776	2,657,717	2,748,977
1January 2021
Balances carried fonvard	at			2,446,259	484,117	2,930,376	2,657,717
31December 2021

					FOR THE YEAR	ENDED 31DECEMBER 2021
					Note	2021	2020
FIXED ASSETS
Tangible fixed assets					4a	252,621
Investment	assets				4b	2,497,539		2,431,557
						2,750,160		2,431,557
CURRENT ASSETS
Stocks						631	1,197
Short term	deposits					68,561	73,672
Debtors and		prepayments			5	18,782	7,496
Cash at bank		and in	hand			115,423	155,395
						203,397	237,760
CURRENT LIABILITIES
Creditors: amounts			falling due
within one	year				6	23,181	11,600
NET CURRENT		ASSETS				180,216		226,160
NET ASSETS						2,930,376		2,657,717
FUNDS
Unrestricted		—Other				247,190		(26,295)
Designated	-	Rebuilding		fund		2,199,069		2,248,236
						2,446,259		2,221,941
Restricted					9 gr 10	484,117		435,776
						2,930,376		2,657,717

			Unrestricted	Restricted	Total	Total
			Funds	Funds	2020	2019
Donations
Special			4,840		4,840	7,282
Government	Grants	—Covid	16,192		16,192	35,433
			21,032		21,032	42,715

		Unrestricted	Restricted	Tota I	Tota I
		Funds	Funds	2021	2020
	Cafe takings	29,634		29,634	37,005
	Church Centre lettings	63,982		63,982	20,645
	PCC fees	1,890		1,890	249
	Traidcraft	220		220	49
	Fund raising				676
		95,726		95,726	58,625
d	INTEREST RECEIVED
		Unrestricted	Restricted	Tota I	Tota I
		Funds	Funds	2021	2020
				6	6
	General funds			43	272
	Machin fund		15	15	85
		43	15	58	357

e	OTHER ORDINARY INCOMING	OTHER ORDINARY INCOMING	OTHER ORDINARY INCOMING	RESOURCES
				Unrestricted	Restricted	Total	Total
				Funds	Funds	2021	2020
				E	E	E	E
	Rent			7,625		7,625	5,734
	Curate Housing		Contribution	4,375		4,375
	Sundry Income			382		382
				12,382		12,382	5,734
f	INVESTMENT	INCOME
				Unrestricted	Restricted	Total	Total
				Funds	Funds	2021	2020
				E	E	f	E
	General funds			85,884		85,884	99,013
	Machin fund				9,963	9,963	9,621
	Specific funds				1,910	1,910	1,863
				85,884	11,873	97,757	110,497
3,	RESOURCES EXPENDED
a	GRANTS
				Unrestricted	Restricted	Total	Tota I
				Funds	Funds	2021	2020
				E	E	f	f
	Missionary donations					0	240
	Subscriptions	&	donations		1,345	1,345	1,300
					1,345	1,345	1,540

				Unrestricted	Restricted	Total	Total
				Funds E	Funds E	2021E	2020 E
D iocesan parish	share			68,302		68,302	68,302
nsurance				6,780		6,780	6,840
H eating 8 lighting				25,314		25,314	16,971
W ater rates				713		713	1,775
A larm &securit	y			2,384		2,384	340
Repairs, Maintenance			&
RunningCosts:
Church fabric	&centre			43,041		43,041	25,669
Clergy house				5,722		5,722
Cafe							934
Churchyard				6,701		6,701
Cleaning				1,792		1,792	2,486
Telephone 8 Broadband				8,017		8,017	5,508
Clergy expenses				709		709	1,136
Organist &musicians							5,214
Sundry expenses							1,975
Traidcraft				88		88	361
Room Hire				398		398
Cafe costs				11,036		11,036	9,942
Cafe wages 8 national
insurance				34,862		34,862	43,105
Church Centre costs:
Church Centre salaries
& national insurance				85,787		85,787	81,264
Church running	costs			3,919		3,919	2,822
Redundancy				2,914		2,914
Write Offs —Prior years				(4,586)		(4,586)
				303,893		303,893	274,644
CHURCH MANAGEMENT				&ADMINISTRATION
				Unrestricted	Restricted	Total	Total
				Funds f	Funds E	2021E	2020 E
Printing stationery		&
office expenses				1,692		1,692	1,435
Bank charges				547		547	686
Credit card charges				720		720	739
Website				86		86	195
Professional charges				4,267		4,267	3,898
Computer costs							827
Depreciation				748		748	1,968
Marketing				243		243	307
				8,303		8,303	10,055

			Land	&	Plant &	Plant &
		Total	~gulldin		EcCEui	ment
		f		E
At 1January 2021		15,036				15,036
Additions		253,369	240,082			13,287
Disposals
At 31December 2021		266405	240 082		~28 323
DEPRECIATION
At 1January 2021		15,036				15,036
Charge for the year		748				748
Relating to disposals
At 31December 2021		15784				15784
NET BOOK VALUE
At 31December 2021		252 621	240 052			12 539
At 31December 2020
Comparative information	in respect	ofthe proceedings	period is as follows:
			Land	&	Plant &
		Total	~Bulldin		~E
		f		f
At 1January 2020		15,036				15,036
Additions
Disposals
At 31December 2020		1503			15036
At 1January 2020		13,068			13,068
Charge forthe year		1,968				1,968
Disposals
At 31December 2020		15036			15036
NET BOOK VALUE 31/12/20

Market value	at 1January 2021	2,431,557	2,617,145
Acquisitions at cost
Sales proceeds from disposals		(250,000)	(130,000)
Gains/(loss) in the year —realised		34,822	14,687
	—unrealised	281,160	(70,275)
Market value	at 31December 2021	2,497,539	2,431,557
DEBTORS
		2021	2020
		E	f
Trade debtors		9,037	2,221
Prepayments	8 accrued income	3,875	627
Other debtors		5,870	4,648
		18,782	7,496
CREDITORS
		2021	2020
		E	f
Trade creditors		8,669	2,697
Accruals 8 deferred income		5,698	4,682
Mission giving	—current year		3,100
Special collections 8 donations			1,121
Other taxes and social security costs		8,814
		23,181	11,600

					2021	2020
					f	f
Balance	as at 1January				(26,295)	9,481
Interest					43	6,482
Investment Income					9007	4 578
					(17,245)	20,541
Gain/(Loss) on investment
	realised					14,687
	unrealised				39,130	(5,085)
Transfer	from/(to)	designated		fund	326,040	87,812
Transfer	from/(to)	restricted		fund	20,264	563
Net incoming(outgoing)			resources for the year		(120,999)	(144,813)
Balance	as at 31December				247,190	(26,295)

DESIGNATED FUNDS	DESIGNATED FUNDS	DESIGNATED FUNDS		Rebuilding	Rebuilding
				Fund	Fund
				2021	2020
				f	f
Balance at	1January			2,248,236	2,339,700
Interest				1	4
Investment	income			76,878	88,222
				2,325,115	2,427,926
Gain/(loss)	on investment		-Realised	34,822	0
			- Unrealised	183,966	(91,464)
Transfer to	General	Fund		(326,878)	(88,226)
Expenditure				(18,794)	0
Balance at	31December			2,198,231	2,248,236

	Community	Community
	Cafe Fund	Cafe Fund
	2021	2020
	E	E
Donation Expenditure	921 ~83	0 0
Balance at 31December	~38

				Invested	Market	Income	Donation to	Donation to	Total
				~Ca ital	Value			Diocesan
					31.12.2021		w	d
Grave maintenance			- Dean	88	62
			Pearl	148	104
			-Swindell	659	455	13			13
			-Turner	344	237
			-Vincent	128	91
Sunday School outings/parties			- Hailston	1,083	757	21			21
Memorial tablet maintenance			- Rollason	129	91
Grave maintenance use		8general	Robbins	101	2,857	73			73
			-Tilley	250	5,691	144			144
Family grave maintenance			-Wilkins	200	5,058	128			128
Grave maintenance		&choir	-ieacock	750	519				14
outings
Endowment	augmentation		-Swindell	1,000	53,019	1,345		(1,345)
Evangelical	training		- Fowler	100	6,065	154			154
				4,980	75,006	1,909		(1,345)	564
Transfer to	general	fund							564

FOR	FOR	FOR	FOR	THE YEAR ENDED	31DEC	31DEC	EMBER 2021
Comparative information in respect				ofthe proceeding	period		is as follows;
	RESTRICTED FUNDS—				Invested		Market	Income	Donation	to	Total
	BEQUESTS	CONTINUED			~Ca	ital	Value		Diocesan
							31.12.2020		0	0
						6
	Grave maintenance			Dean		88	66
				Pearl		148
				- Swindell		659	488				16
				-Turner		344	254
				- Vincent		128	97
	Sunday School outings/parties			- Hailston	1,083		812	27			27
	Memorial tablet maintenance			- Rollason		129	97
	Grave maintenance 8		general	- Robbins		101	2,500	70			70
	use
				-Tilley		250	4,979	139			139
	Family grave	maintenance		—Vyilkins		200	4,425	124			124
	Grave maintenance &		choir	-Jeacock		750	556	18			18
	outings
	Endowment	augmentation		- Swindell	1,000		46,383	1,300	(1,300)
	Evangelical training			- Fowler		100	5,306	149			149
					4,980		66,074	1,863	(1,300)		563
	Transfer to general fund										~563
10.	RESTRICTED FUND —OTHER
							Machin	Machin
							Fund	Fund
							2021	2020
							E	E
	Balance at	1January					369,702	337,898
	Investment	income					9,963	9,621
	Interest						15	85
	Gain/(loss)on investment						49,132	22,098
		-unrealised
							428,812	369,702
	Expenditure Transfer to	General	Fund			~19700
	Balance at	31December					409,111	369,702

ANALYSIS OF NET ASS	ET	S BYFUND
			Unrestricted	R	tttd	~ai td	Total
2021			Funds f		Funds f	Fundsf	2021 f
Fixed assets for Church	use		12,539			240,082	252,621
Investment fixed assets			312,809		467,585	1,717,145	2,497,539
Current assets			(54,977)		16,532	241,842	203,397
Current liabilities			(23,181)				(23,181)
Fund balance			247,190		484,117	2,199,069	2,930,376
Comparative information		in respect	ofthe proceeding period Unrestricted	is R	as follows; t d	~id	Total
			Funds		Funds	Funds	2020
2020			f		f	f	f
Fixed assets for Church	use
Investment fixed assets			273,680		409,521	1,748,356	2,431,557
Current assets			(288,375)		26,255	499,880	237,760
Current liabilities			(11,600)				(11,600)
Fund balance			(26,295)		435,776	2,248,236	2,657,717

		2021	2020	2021	2020
		Number	Number	f	f
Trave	I		4	449	461
Subsistence
Accommodation
Other					897
			7	449	1,358