2021-12-31-accounts - Parochial Church Council Of The Ecclesiastical Parish Of The Cockermouth Area Team

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Contents			Pages
Trustees Report			1-3
Statement	Of Financial Activities
Balance Sheet
Notes to the accounts:
	1.	Accounting policies
	2.	Income
	3.	Expenditure
	4.	Salaries and Wages cost
	5.	Payments to members ofthe PCC
	6.	Fixed assets for the use by the PCC
	7.	Fixed asset investments	10
	8.	Analysis ofnet assets by Fund type	10
	9.	Analysis ofFunds
Independent	examiner's report		12

Principal Correspondent	Principal Correspondent	Principal Correspondent	PCC Treasurer - Stuart Hoddinott The Old Vicarage, Embleton, Cockermouth	CA13 9XL	CA13 9XL
			The PCC is registered with the Charity Commission		as The		Parochial
			Church Council of the Ecclesiastical Parish	of the	Cockermouth			Area
			Team. Reg No. 1134138on 5'"February 2010.
Chair			Revd Canon Jane Charman
Secretary			Kris Longshaw
Treasurer			Stuart Hoddinott
Churchwardens			All Saints': Stuart Hoddinott, Joan Ingrams,	Kris Longshaw,			Mary Todd
			Christ Church, Cockermouth: Richard Cooke, Roger Pritchett
			Christ Church, Great Broughton: Peta Leigh, Norman			Marshall
			St. Bridget's, Bridekirk: Richard Green, Sheila Martin
DCC Representatives			All Saints': Deborah Hoddinott Christ Church, Cockermouth: Gareth Browning, Julie			Hastings,		Bill Soulsby
			Christ Church, Great Broughton: Sue Cole,	Rachel	Dufton,		Jane	McDonald
			St. Bridget's, Bridekirk: Rod Coy
District Churches			AB Saints' DCC, Cockermouth
			Christ Church DCC, Cockermouth
			Christ Church DCC, Great Broughton
			St. Bridget's DCC, Bridekirk
Advisors;	Bank		National Westminster Bank Plc
			31 Pow Street, Workington CA14 3WY
Independent		Examiner:	Gibbons, Chartered Accountants, 2 Europe	Way, Cockermouth,				Cumbria,
			CA13 ORJ
Signed on behalf of the PCC:
			Rev Canon Jane Charman lPCC Chairman)

						Nrde	unrestdmea	Remnctea	Endowment	Total	Tetel
							funds	funds	Funds	2021	2020
							5	8	8	8	5
Income and Endowments		from:
Donations snd legacbw						2S	187,759	20,941		208,700	173,931
Other trading amivgles						2b	12,310	0		12,310	8,351
Investment irxxrme						2c	1,205	240		1,445	3,158
Income from Chsrilsbb ec8velss						2	11,838	40		11,878	12,178
Other income						2S	17,717	14,060		31,777	43,161
Total lbwoms							230829	35281	0	266 110	240779
Expsndlhrfe 0th
Church arsrviths						3a	203,939	23,334	0	227,273	250.376
Raising funds						3b	743	0	0	743	0
Other Expendxurs						3c	9,833	5	0	9,838	7257
Governance costs						3d	2,458	0	0	2,458	0
Total Expenditure							216,973	23,339	0	240312	257633
Nel gaire/(losses)	on Investments		/ Assets					1,053	0	1,053	2,189
Net inccmsl(expenditure)							13,856	12,995	0	28,851	(14,885)
Gross bnrlsfers bstweerl funds							(7,837)	7,837
Other reocgnlsed	gains end losses
Net movement in funds							6,020	20,831	0	28,851	(14,665)
Reconciliation of	funds
Total funds brought	forward						207,109	223,769	16,077	4a!,955	461,620
Funds transferred from CCGG							0	0	0	0	0
Total funds cerned	forward						213,129	244 6(XI	16,077	473806	446955
Ag ofthe Charlhrs	ac0viges	dmive	from continuing	operafons	dudng the above two periods.

			Note	Unrestricted funds	Restricted funds	Endowment Funds	Endowment Funds	Total 2021	Tots I 2920
				6		8		6	8
Fixed assets
Tangible assets Investmentassels			6. 7	30,403 0	40,064 7056	0 14377		70,468 21 433	34,770 2D 38D
				30,403	47,120	14,377		91,900	55,150
Current assets
Stocks				0	0		0	0	0
Debtors				14,193	2,57D		0	16,763	10,655
Cash et bank and in hand				1854NI	195,498		1,700	383,188	403,388
				200,164	198,068		1,7DD	399,952	414,043
Creditors: Amounts	falling due within one year			6 152	588		D	6740	8981
Net current assets				194,031	197,480		1.700	393,211	405,062
Cmdltors: Amourrts	falling due in more than one year			11,306	0		0	11,3M	(13,257)
Net assets				235741	244 600		16D77	496418	446955
Funds ofthe Charity:
Restricted Income Funds				0	244,600		0	244,600	223,769
Unrestricted Income Funds
General Fund				122,835			0	122,835	104,220
Designated Funds				90,293			0	90,293	102,889
				213,129	0		0	213,129	207,1DB
Permanent Endowment		Funds		0	0		16,077	16,077	16,077
Total funds				213,129	244,600		16,077	473,806	446,955

The parish ofthe	conkermouth Area Team paroehjat church counolt	conkermouth Area Team paroehjat church counolt
Notes to the	Aeeounts for the year ended 33 Deesmber	2021
The financial statements have been prepamd in accordance wdh	Ihe statement rri Recommended pranks Accounring	and Repodng by ctmrltlw!
prepanng Iheir amounts in accordance with the Finendal Repordng standard applicable in the United Kingdom and Repubtc of Ireund (FRs 102)
issued on 16July 2014and the Fhancel Reporting Standard epplbabls in the United Kingdom and Repumc ofIreland (FRS102)and ths
Charges Act 2011.
The accounts have twen prepared under the hntoncal cost coriventlori except for the valuslkm ofinvestment *seats which ere shown al manel
value. The accounts bctude sll transacfwns, noesis and lsmlries	fcr which the pcc are responsible in uw. They do not	Include eccoimts of
church groups that cwe ther *nglstmri to another body, nor tlioss	Ihal are informal gatherings ofchurch members.
Endowment Funds are funds Ihe capftal ofwhich must be retained	sbrwr permanently or et the pcc's dlsmetion. The	Income derive fram the
endowment is to be used either as reslncted or unrestricted income tunds dependmg upon Ihe purpose for which the endowment wes established
bi ev!Sist pliico.
Unrsstrlmed funds ere Income funds which ere lo be spent on the	pcc's general purposeu
)me%It rmourees
offwlngs snd donsfmns srs mcognised when received. Income lmr recoverabu on Gik Ari income is recognised when		Ihe gift Is remlved
Dmdends and interest ars recognised when details are pmwded.
Grants and tegaclm are accourrtsd forsssoon as the pCC ls nolrbd ofits entitlement snd Ihe amount due. Rent of bulldlnm m the lening of
rooms for purposes within Ihe objects ofthe church is recognised	as charilabb Irading income when the sum is due. Realised gains or losses on
Invsstmonls are recogiris tl wheii the investment is sckl. Unresllssd gains and losses sre accounted for on revaluation		at 31December.
Grants and donations are accounted for when paid over, orwhen	awarded, ifthat award creates a binding or constructive	omgslun on the pcc.
The diocesan parish olfedrig expected to be pakl over ls accounted for when due.
All other expenditure isgetwrsgy recognised when it is incurred snd Is accounted ior gnwn
Fixed Assets
consecrated benefice property ls nol incuded in Ihe amounu n aocordance with section 10(2)(a)and (c)ofIhe chemise		Act 201I Afi expenditure
ncurred during the year on such property is shown In Iha accounts as expenditure ncurred wuiiii the year.
No value is plsmd on the movabb chumh klmishings held by Ihe	churchwanlens on speual trust for Ihe pCC end which	rouuim a fecuny for
disposal since the PCC considers Ihn to bo Inafieneble prnpwly.	Al expeiidfiure hcurred dunng the year on moveable church furnbhlngs a
shown as expenditure Inc urmd w0bin the year.
Other liriures, fittings and euuoment purchased forthe functkmal	use ofIhe PCC where the anginal cost or the aggregate original cost ols gmup
ofitems ofIhe sama lype ofasset exceeds rl 000steated as a	fixed asset Depreciason is calcuuted at 20 per cent ofIhe original value of
ag such Items.
Any preesynients mmuded in the accounts and any amounts due	loIhe pcc at 31 December in reopen offees, rents snd other income are
showii In the amounts as debtors.
Amounts rslsling tothe year erich hs e not been pari by 31December such as trade immices and ministry expenms ere brought into the
accounts ss a lubfilty.

2.	Income and Endowments	from:
			2021	2021		2021		2021	2020
			Unrestricted Funds	Restricted	Funds	Endowment	Funds	Telal Funds	Total	Funds
			6	8		f.				5
2a	Oonarrons and Legacies
	Panned giving:
	Gig Aid donalions		106,396	«,301				«7,097	107,412
	Tax recoverabls		25,031	3,060				28,091		38,852
	Omar		10,421	2,516				12,937		4,621
	Colbclioro (open plate)		10,021					10,021		5,765
	Gift days (irclax)		3,353					3,353		3A66
	Oonadons appeals stc (Incl Tax )		5,630	3,065				8,695		13,005
	Legedes		13,348	1,000				14,348
	Other		13,557					13,557		45
	Linking Lives Oonalions									765
			~187759					~208700	173931
2b	Other Trading Amivltles
	General fundrersing		1,773					1,773		1,896
	Church and Rooms	leaings	10,517					10,517		6,405
	Other (ind. Fees for disbursement)		20					20
								~12310	~8351
2c	Investrrwrrl Incmre
	Orvdends and interesl							1,445		3,158
			I 205					I 445	~3158
2d	Income from church activities
	Wedding and funeml fees		«,800					«,840		9,087
	Books end courses
	omar							38		3,091
			11 38		40			11878	~12 178
2e	Othm income
	Insurance claims									5,434
	Granls			«,000				«,000	12,662
	Refund ofVAT		414					414		5,140
	Lnrmr								15,125
	Grasmoor Msebn Community
	Coronavirus Grani Support		17,303					17,303
	Linking Lives Granls			3,060				3,060		4,800
								~31777	43 181
	Total Incoming resourms		230,829	35,281				266,«0	240,779

3.	Expenditure on:
								2021	2021			2021	2021	2020
								Unrestncled F iids	lhisblctsd	F ods	Endo	ment F nds	Total Funds	Talal Funds
	Church actlvNes							E				2	6	8
		Missmnaiy		ard charitable		gorhg
				Church ovemeas:
				Mlssbrmry	3oclstiss			2,820					2,020	400
				Relsf Ii davebpment			agencies	4,095	2,000				8,0S5	1,825
				Home ntssbnsiother			church	200		720			020	8400
				88culor soclstlss									950
								3,005	2,720				11,385	10,825
		Ministry.		Parish Cger				109,032					109,932	107,322
		Clergy expmmes						5,872					5,872	4,306
		Church	running expenses					20,314		610			20,924	23,026
		Church	mainlenancs Iecuipmsnt					7,903					7,903	10,100
		Upkeep	ofservices					6,562		425			0,907	4,137
		Yoiilh Work						1.001		515			1,510	2,406
		Upkeep	ofchurchyard					651		051			I,%It	1.002
		Oinr8och						1,391		125			1,516	1,343
		Major repairs Imslaselions						3,552					3,552	30,892
		Support	3er ics. Books, Tidning				supplies	50					50	3,950
		Church	Rooms running		costs			3,476					3,476	3,561
		Roone	mabtsnance					8,160	8,103				16,362	1,057
		Cliorch	Rooms repairs
		ESuipmenl		dsprecisgon				2,280		521
		Management/Admlnlstmaon
				Inlmsst an	Diocesan		Loan						364	432
				Fees paid				4,739					4,739	400
				Admmislragon				15,115	0,104				24,219	3,920
				Photocopdng				89					89	703
				Planning fees
				Stock horns
				Other						471			471	4,013
				I anat OI0ce		running	cosm	3746					3,746	14,989
				Mission Communhy
				Indeperdsnt		Examinaten								2,340
				Lbking Uves		Admin								0,054
								203,939					227,273	250,376
3b	Raising funCS
		Expenses
		Cost of	applying for grants
		Magazine		costs				107					107
								743					743
3c	Other sxpsoduum
		photocop!		I9
		other						9,833						7,257
								9,833					0,030	7,257
	Goverhahos	Costs
		Lag81 Fess						2,450					2,458
								2,450					2,458
	Total expenditure							216,973	23,339				240.312	257,633

n
Salaries	snd	Wages	2021	2020
			6
			20,316	19,966

Fixed Assets for use by the PCC
	Freehold Land
Tangible Fixed Assets	8Buiklings	Equipment	Total
	6	6	6
Gross BookValue
As At01 January2021		65,442		65,442
Additions		38,500		36,500
Disposals
Revaluation
As At 31 December 2021		103842
Depreciation
AS At 01 Janusry 2021		30,672		30,672
Charge for the year		2,802		2,802
Dispossls
As At 31 December 2021		33474
Nst BookValue
As At 31 December 2021		70468		70,468
As At 31 December 2020		34770

			Unrestricted	Designated	Restricted	Endowment	Total
			Funds	Funds	Funds	Funds	Funds
			6	6	F.	f	6
Tangible	Assets		24,859	5,544	40,064	0	70,468
Investment		Assets	0	0	7,056	14,377	21,433
Current	Assets		115,435	84,749	198,068	1,700	399,952
Current	Liabilities		(6,152)	0	(588)	0	(6,740)
Long term		Liabilities	(11,306)	0	0	0	(11,306)
Total as	at	31 December 2021	122836	90293	244 600	16077	473806

					Balance at 1 January 2021 6	Balance at 1 January 2021 6	Incoming resources 8	Resources expended 6	Transfers f	at 31 2021
Unrestricted	funds
Unrestricted	general funds
PCC						9,741	11,434	(32,106)	0	(10,931)
All Saints					(14,957)		57,460	(54,190)	90	(11,597)
Christ Church	Cockerrnouth					82,567	99,648	(78,026)	(38)	104,151
Christ Church	Great	Broughton				24,729	28,458	(21,878)	0	31,309
St Bridgets						2,140	31,562	(25,294)	1,496	9,905
Total General	Funds				104,220		228,563	(211,495)	1,548	122,836
Unrestricted	Designated		funds
PCC						0	0	(58)	869	811
A0 Saints						2,980	0	0	(2,980)	0
Christ Church	Cockerrnouth					6,647	571	(604)	0	6,613
Christ Church	Gmat	Broughton				1,920	0	0	0	1,920
StBridgets						91,342	1,695	(4,816)	(7,273)	80,948
Total Designated Funds					102,889		2,266	(5,478)	(9,385)	90,292
Total Unrestricted		funds			207,109		230,829	216,973	7,837	213128
Restricted funds
PCC						6,743	2,404	(522)	(869)	7,756
All Saints					181,476		24,012	(9,787)	2,890	198,591
Christ Church	Cockerrnouth					4,227	6,805	(8,958)	38	2,112
Christ Church	Great	Broughton				22,004	1,078	(180)	0	22,902
St Bridgets						9,319	2,035	(3,892)	5,777	13,239
Total restricted funds					223,769		36,334	(23,339)	7,837	244,601
Permanent Endowment
PCC						0				0
All Saints						1,491				1,491
Christ Church	Cocksrmouth					0				0
Christ Church	Great	Broughton				0				0
StBudgets						14,586				14,586
Total Permanent Endowment				funds		16,077				16,077
Total funds					446,955		267,163	(240,312)		473,806