| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Report ofthe Trustees | 2 | to | 9 |
| Independent Examiner's Report |
10 | ||
| Statement of Financial Activities | |||
| Balance Sheet | 12 | ||
| Notes to the Financial Statements | 13 | to | 22 |
| 31.12.21 | 31.12.20 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | F | E | E | ||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
65,633 | 7,932 | 73,565 | 53,594 | |||
| Charitable activities |
|||||||
| Ministry and mission |
6,279 | 6,279 | 6,058 | ||||
| Generating funds |
504 | 388 | |||||
| Investment income |
4 | 4 | 53 | ||||
| Other income | 40,147 | 40,147 | 32,632 | ||||
| Total | 112,063 | 8,436 | 120,499 | 92,725 | |||
| EXPENDITURE ON | |||||||
| Cost ofgenerating | funds | ||||||
| Other trading activities |
137 | 137 | 46 | ||||
| 137 | 137 | 46 | |||||
| Charitable activities |
|||||||
| Ministry and mission |
71,295 | 6,382 | 77,677 | 68,390 | |||
| Property | 62,222 | 362 | 62,584 | 44,685 | |||
| Total | 133,654 | 6,744 | 140,398 | 113,121 | |||
| Net gains on investments | 26,258 | 26,258 | 16,786 | ||||
| NET INCOME/(EXPENDITURE) | 4,667 | 1,692 | 6,359 | (3,610) | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 305,652 | 10,567 | 316,219 | 319,829 | ||
| TOTAL FUNDS CARRIED FORWARD | 310,319 | 12,259 | 322,578 | 316,219 |
| 31.12.21 | 31.12.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | E | E | |||
| FIXEDASSETS | |||||
| Investments | 15 | 266,762 | 266,762 | 264,470 | |
| CURRENT ASSETS | |||||
| Debtors | 16 | 5,889 | 605 | 6,494 | 9,122 |
| Cash at bank | 39,659 | 11,815 | 51,474 | 44,054 | |
| 45,548 | 12,420 | 57,968 | 53,176 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
17 | (1,991) | (161) | (2,152) | (1,427) |
| NET CURRENT ASSETS | 43,557 | 12,259 | 55,816 | 51,749 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 310,319 | 12,259 | 322,578 | 316,219 | |
| NET ASSETS | 310,319 | 12,259 | 322,578 | 316,219 | |
| FUNDS | 18 | ||||
| Unrestricted funds |
310,319 | 305,652 | |||
| Restricted funds | 12,259 | 10,567 | |||
| TOTAL FUNDS | 322,578 | 316,219 |
| FORTHE YEAR | FORTHE YEAR | FORTHE YEAR | ENDED 31 | DECEMBER 202 | 1 | ||
|---|---|---|---|---|---|---|---|
| 2. | DONATIONS AND LEGACIES |
||||||
| 31.12.21 | 31.12.20 | ||||||
| E | |||||||
| Standing orders Other collections |
25,396 5,883 |
24,505 6,113 |
|||||
| Gift Aid | 7,691 | 7,115 | |||||
| Outreach collections |
10,532 | 3,680 | |||||
| Donations | 12,813 | 931 | |||||
| Levies | 11,250 | 11,250 | |||||
| 73,565 | 53,594 | ||||||
| 3. | GENERATING FUNDS |
||||||
| 31.12.21 | 31.12.20 | ||||||
| E | |||||||
| Fundraising events |
504 | 388 | |||||
| 4. | INVESTMENT INCOME | ||||||
| 31.12.21 | 31.12.20 | ||||||
| Deposit account interest | 4 | 53 | |||||
| Investment gains include the reinvestment |
ofdividends | received. | |||||
| 5. | INCOllhE FROM CHARITABLE ACTIVITIES | ||||||
| 31.12.21 | 31.12.20 | ||||||
| Activity | |||||||
| Grants | Ministry and | mission | 6,279 | 6,058 | |||
| Grants received, included in the above, are as follows: |
31.12.21 | 31.12.20 | |||||
| F | |||||||
| Coronavirus Job Retention |
Scheme | 2,620 | 3,308 | ||||
| URC (West Midlands) | Trust | 3,659 | 2,750 | ||||
| 6,279 | 6,058 | ||||||
| 6. | OTHER INCOME | ||||||
| 31.12.21 | 31.12.20 | ||||||
| Weddings Hail hiring Catering Sunday coffee Wednesday lunches Drinks machine |
600 33,659 30 221 |
1,230 28,054 122 126 37 |
|||||
| In Touch | 535 | ||||||
| Church organisations VAT reclaims |
30 5,607 |
540 1,988 |
|||||
| 40,147 | 32,632 |
| FOR THE YEAR ENDED 31D | FOR THE YEAR ENDED 31D | FOR THE YEAR ENDED 31D | ECEMBER 2021 | ||||
|---|---|---|---|---|---|---|---|
| 7. | OTHER | TRADING ACTIVITIES | |||||
| 31.12.21 | 31.12.20 | ||||||
| F | F | ||||||
| Catering | expenses | 137 | 46 | ||||
| 8. | CHARITABLE ACTIVITIES COSTS | ||||||
| Direct | Support | ||||||
| Costs (see | costs (see | ||||||
| note 9) | note 10) | Totals | |||||
| F | F | F | |||||
| Ministry | and mission | 59,647 | 18,030 | 77,677 | |||
| Property | 39,377 | 23,207 | 62,584 | ||||
| 99,024 | 41,237 | 140,261 | |||||
| 9. | DIRECT | COSTS OF | CHARITABLE ACTIVITIES | ||||
| 31.12.21 | 31.12.20 | ||||||
| F | |||||||
| Central Maintenance | and ministry | 40,080 | 42,192 | ||||
| Ministerial | expenses | 4,336 | 834 | ||||
| Organist | 2,900 | 2,667 | |||||
| Christian | education | 227 | 227 | ||||
| Outreach | collections | 10,807 | 3,680 | ||||
| Wedding | expenses | 415 | 1,055 | ||||
| Church maintenance | 38,252 | 18,954 | |||||
| Organ/Piano maintenance |
882 | 575 | |||||
| Manse maintenance | 1,125 | 189 | |||||
| Donations | 1,001 | ||||||
| 99,024 | 71,374 |
| 10. | SUPPORT COSTS | ||||
|---|---|---|---|---|---|
| Premises | Administrative | Governance | |||
| costs | costs | costs | Totals | ||
| F | F | F | |||
| Ministry and mission | 16,086 | 1,944 | 18,030 | ||
| Properly | 23,207 | 23,207 | |||
| 23,207 | 16,086 | 1,944 | 41,237 |
| NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 DECEMBER 2021 |
NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 DECEMBER 2021 |
NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 DECEMBER 2021 |
||||
|---|---|---|---|---|---|---|
| 13. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Restricted | Total | ||||
| funds | funds | funds | ||||
| E | E | E | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
48,499 | 5,095 | 53,594 | |||
| Charitable activities |
||||||
| Ministry and mission | 6,058 | 6,058 | ||||
| Generating funds investment income |
53 | 388 | 388 53 |
|||
| Other income | 32,632 | 32,632 | ||||
| Total | 87,242 | 5,483 | 92,725 | |||
| EXPENDITURE ON | ||||||
| Cost ofgenerating funds Other trading activities |
46 | 46 | ||||
| 46 | 46 | |||||
| Charitable activities |
||||||
| Ministry and mission Property |
63,709 44,685 |
4,681 | 68,390 44,685 |
|||
| Total | 108,440 | 4,681 | 113,121 | |||
| Net gains on investments | 16,786 | 16,786 | ||||
| NET INCOME/(EXPENDITURE) | (4,412) | 802 | (3,610) | |||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward | 310,064 | 9,765 | 319,829 | |||
| TOTAL FUNDS CARRIED FORWARD | 305,652 | 10,567 | 316,219 | |||
| 14. | TANGIBLE FIXEDASSETS | |||||
| Freehold | ||||||
| property | ||||||
| COST | ||||||
| At 1 January 2021 and 31 December 2021 |
182,174 | |||||
| DEPRECIATION | ||||||
| At 1 January 2021 and 31 December 2021 |
182,174 | |||||
| NET BOOK VALUE | ||||||
| At 31 December 2021 | ||||||
| At 31 December 2020 |
| FIXEDASSET INVESTMENTS | |
|---|---|
| Listed | |
| investments | |
| MARKET VALUE | |
| At 1 January 2021 Disposals Revaluations |
264,470 (23,966) 26,258 |
| At 31 December 2021 | 266,762 |
| NET BOOKVALUE | |
| At 31 December 2021 | 266,762 |
| At 31 December 2020 | 264,470 |
| Listed | |||
|---|---|---|---|
| investments | |||
| Valuation | in | 2021 | 2,292 |
| Cost | 264,470 | ||
| 266,762 |
| DEBTORS:AIIOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| 31.12.21 | 31.12.20 | |
| F | ||
| Other debtors | 3,934 | 6,861 |
| Gift Aid tax recoveries | 2,560 | 2,261 |
| 6,494 | 9,122 |
| CREDITORS: A | I | IOUNT | S FALLI | NG DUE | WITHIN ONE YEA | R | ||
|---|---|---|---|---|---|---|---|---|
| 31.12.21 | 31.12.20 | |||||||
| F | F | |||||||
| Accrued expenses | 2,152 | 1,427 | ||||||
| MOVEMENT IN |
FUNDS | |||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1.1.21 | in funds | funds | 31.12.21 | |||||
| F | ||||||||
| Unrestricted funds |
||||||||
| General fund |
297,728 | 36,062 | (29,500) | 304,290 | ||||
| Designated fund |
—Property | |||||||
| Maintenance | 7,899 | (33,408) | 29,500 | 3,991 | ||||
| Designated fund |
—URC | in Cheltenham | 25 | 2,013 | 2,038 | |||
| 305,652 | 4,667 | 310,319 | ||||||
| Restricted funds | ||||||||
| Redevelopment | funds | 10,567 | 1,692 | 12,259 | ||||
| TOTAL FUNDS | 316,219 | 6,359 | 322,578 | |||||
| Net movement in |
funds, | included | in the above are as follows: | |||||
| Incoming | Resources | Gains and | Movement | |||||
| resources | expended | losses | in funds | |||||
| E | ||||||||
| Unrestricted funds |
||||||||
| General fund |
104,443 | (94,639) | 26,258 | 36,062 | ||||
| Designated fund |
- Property | |||||||
| Maintenance | 5,607 | (39,015) | (33,408) | |||||
| Designated fund |
- URC | in Cheltenham | 2,013 | 2,013 | ||||
| 112,063 | (133,654) | 26,258 | 4,667 | |||||
| Restricted funds | ||||||||
| Redevelopment | funds | 2,054 | (362) | 1,692 | ||||
| Outreach special |
funds | 6,382 | (6,382) | |||||
| 8,436 | (6,744) | 1,692 | ||||||
| TOTAL FUNDS | 120,499 | (140,398) | 26,258 | 6,359 |
| Comparatives f |
or m | oveme | nt in funds |
|||||
|---|---|---|---|---|---|---|---|---|
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1.1.20 | in funds | funds | 31.12.20 | |||||
| F | E | F | ||||||
| Unrestricted funds |
||||||||
| General fund |
299,174 | 12,554 | (14,000) | 297,728 | ||||
| Designated fund Maintenance |
- Property | 10,865 | (16,966) | 14,000 | 7,899 | |||
| Designated fund |
- URC in Cheltenham | 25 | 25 | |||||
| 310,064 | (4,412) | 305,652 | ||||||
| Restricted funds | ||||||||
| Redevelopment funds URC in Cheltenham (P Little) |
8,764 1,001 |
1,803 (1,001) |
10,567 | |||||
| 9,765 | 802 | 10,567 | ||||||
| TOTAL FUNDS | 319,829 | (3,610) | 316,219 | |||||
| Comparative net |
movement | in funds, included | in the above | are as follows: | ||||
| Incoming | Resources | Gains and | Movement | |||||
| resources | expended | losses | in funds | |||||
| Unrestricted funds |
||||||||
| General fund |
85,254 | (89,486) | 16,786 | 12,554 | ||||
| Designated fund Maintenance |
- Property | 1,988 | (18,954) | (16,966) | ||||
| 87,242 | (108,440) | 16,786 | (4,412) | |||||
| Restricted funds | ||||||||
| Redevelopment funds Outreach special funds URC in Cheltenham (P Little) |
1,803 3,680 |
(3,680) (1,001) |
1,803 (1,001) |
|||||
| 5,483 | (4,681) | 802 | ||||||
| TOTAL FUNDS | 92,725 | (113,121) | 16,786 | (3,610) |
| A current year 1 | 2mo | nths |
and prior year 1 | 2months combined |
p | osition isas fol | lows: | ||
|---|---|---|---|---|---|---|---|---|---|
| Net | Transfers | ||||||||
| movement | between | At | |||||||
| At 1.1.20 | in funds | funds | 31.12.21 | ||||||
| E | F | E | E | ||||||
| Unrestricted funds |
|||||||||
| General fund |
299,174 | 48,616 | (43,500) | 304,290 | |||||
| Designated fund |
- Property | ||||||||
| Maintenance | 10,865 | (50,374) | 43,500 | 3,991 | |||||
| Designated fund |
- URC in | Cheltenham | 25 | 2,013 | 2,038 | ||||
| 310,064 | 255 | 310,319 | |||||||
| Restricted funds | |||||||||
| Redevelopment | funds | 8,764 | 3,495 | 12,259 | |||||
| URC in Cheltenham | (P Little) | 1,001 | (1,001) | ||||||
| 9,765 | 2,494 | 12,259 | |||||||
| TOTAL FUNDS | 319,829 | 2,749 | 322,578 | ||||||
| A current year 12 months |
and prior year | 12 months combined |
net movement | in funds, | included in |
t | |||
| above are as follows: | |||||||||
| Incoming | Resources | Gains and | Movement | ||||||
| resources | expended | losses | in funds | ||||||
| F | |||||||||
| Unrestricted funds |
|||||||||
| General fund |
189,697 | (184,125) | 43,044 | 48,616 | |||||
| Designated fund Maintenance Designated fund |
- Property - URC in |
Cheltenham | 7,595 2,013 |
(57,969) | (50,374) 2,013 |
||||
| 199,305 | (242,094) | 43,044 | 255 | ||||||
| Restricted funds | |||||||||
| Redevelopment | funds | 3,857 | (362) | 3,495 | |||||
| Outreach special funds URC in Cheltenham (P Little) |
10,062 | (10,062) (1,001) |
(1,001) | ||||||
| 13,919 | (11,425) | 2,494 | |||||||
| TOTAL FUNDS | 213,224 | (253,519) | 43,044 | 2,749 |