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2021-12-31-accounts

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen

Charity No. 1134165

Trustees' Report and Unaudited Accounts

31 December 2021

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Contents

Pages
Trustees' Annual Report 2 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 9 to 18
Statement of Cash flows 19
Detailed Statement of Financial Activities 20 to 22

Page 1

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Trustees Annual Report

The Trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2021.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 1134165

Principal Office

The Parish Office St Nicholas Church 30 Wareham Road Wimborne BH21 3LE

Trustees

The following Trustees served during the year:

C. Bendinelli

H. Burbidge

J. Burbidge

C. Burgess

J. Burgess

G. Dale

A. Duyvesteyn

P. Eaton

S. Hart

D. Hayward T. Hicks M. Jackson A. Richmond

A. Warman

Key Management Personnel

Key Management Personnel
Rector The Rev’d Jane Burgess
Associate Priest The Rev’d Charles Burgess
Assistant Curate The Rev’d Matt Smith
Churchwarden Geoff Dale
Churchwarden Rachel Stevens
Churchwarden Alison Duyvesteyn
Treasurer Thomas Hicks

Page 2

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen

Trustees Annual Report

Accountants

Hammond & Co 74 Blandford Road Corfe Mullen Wimborne Dorset BH21 3HQ

Bankers

Lloyds Bank Lower Blandford Road Broadstone Dorset

OBJECTIVES AND ACTIVITIES

When planning our activities for the year, the clergy and the PCC have considered the Charity Commission’s guidance on public benefit and in particular the specific guidance for charities for the advancement of faith. In particular we try to enable ordinary people to live out their faith as part of our parish community through:

To facilitate this work it is important we maintain the fabric of St Huberts Church and St Nicholas Church Centre. We have a Vision Statement to guide us and help and guide our action:

Growing Together: Towards God, Each Other and Community

ACHIEVEMENTS AND PERFORMANCE

This year has continued to bring challenges due to the Covid 19 pandemic but in spite of this there has been plenty to be encouraged by. The church remained open for services all year even if only to live stream. In person and online services have continued throughout the year but at the close of the year most people had returned to in person services in both churches with new people joining the church as well.

During the first part of the year Life groups continued to meet via Zoom. In the latter part of the year groups came together in person for the Bible course while a weekly zoom fellowship group continue to meet. Daily prayer is shared in person and online three days a week.

The electoral role this year was 93

Deanery and Diocesan Synod

Two members of the elected PCC sit on the Wimborne deanery Synod and the Rector is also on the Diocesan Synod, thus providing a link between the parish and the wider structures of the church.

Pastoral care

During the year a new pastoral team has been formed to be better able to support those who need it in the parish. Home communion has been taken to those who request it. We have partnered with the Community Payback to start a community lunch once a week and this has been attended by 40-45 people each week. We have also partnered with them to run a community café on a Saturday morning.

Mission and outreach

Page 3

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Trustees Annual Report

A part time Children and Families lead was appointed to help us better support local families. Following the pandemic Tot’s, Toast and tea re-opened with 20 plus new parents and babies/toddlers attending weekly.

A Fresh Expression of church has begun -Wild Church aiming to bring families together for outdoor worship and to engage with creation, this meets once a month but met daily in the week before Christmas.

A successful holiday club ran during the mornings of the first week of the school holidays with a hot lunch served at the end of the morning 50 children participated.

In partnership with our local funeral director we provided an opportunity for those in the surrounding areas to come together and remember their loved ones who have died during this year, with an act of remembering and service and tea.

Many local groups and clubs continue to hire our building and work has continued to refurbish and update the building to continue to provide a good community facility. This has included replacing the boiler. The Corfe Mullen Foodbank continues to operate from St Nicholas.

Our Rector is a trustee of the Phelipps Trust, Prama Life and Lewis Manning Hospice Care and is part of the steering group of Corfe Mullen Dementia Friendly Community. We continue to seek to develop relationships with local schools and support their work.

We support three charities: homeless charity Route to Roots, the Bible society and the Sudan Medical Link.

FINANCIAL REVIEW

The PCC has been reliant on the generosity of donations and grants during the year, together with income from the hiring out of its rooms. Donations and grants during the year totalled £79,870 (2020 - £91,730), while room hire saw a drop in income during 2021 to £34,740 (2020 - £36,757). Additionally, the PCC received legacies totalling £24,913 (2020 - £286,267). Legacies are an important source of funds for the PCC and each one helps us to fulfil our mission and ministry in the parish.

Expenditure during 2021 has remained reasonably in line with the previous year at £148,965 (2020 - £127,360), with expenditure on charitable activities being by far our biggest expense.

In September we joined in with the Salisbury Diocese’s generous giving campaign to encourage more generous giving. The PCC agreed that as far as possible we should aim that the income from the church’s charitable operations should balance its own running costs to not be so reliant on the room hire income from church centre. Doing this would mean that the income generated from the centre can be put towards expanding our mission and ministry as well as putting it towards investing in our church building.

Reserves policy

The PCC aim to retain sufficient cash funds within the Church’s bank accounts to provide adequate working capital to sustain the day to day operations of the Church. They will also ensure monies are put aside for the upkeep of the buildings and renewal of licences / insurance as required.

PLANS FOR FUTURE PERIODS

The PCC has the responsibility of cooperating with the Priest in-charge in promoting in the ecclesiastical parish, the whole mission of the church; pastoral, evangelistic, social and ecumenical.

Page 4

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen

Trustees Annual Report

The PCC has responsibility for the buildings of St Huberts Church, a Grade II* listed building on the A31, and St Nicholas Church complex, including the Wilmore Centre, in the main part of the village on the Wareham Road.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The PCC is a charity registered with the Charity Commissioners. (reg. no. 1134165)

The method of appointment of PCC members is set out in the Church Representation Rules. PCC members are the Trustees of the charity.

The PCC met eight times with high attendance rates throughout the year, plus a training meeting and ‘away morning’. A Standing Committee was appointed but only met if necessary.

The PCC has a financial controls policy

A budget is agreed annually and monitored throughout the year by the PCC.

Management accounts can be accessed remotely by the treasurer and quarterly reports given to the full PCC or can also access live reports remotely.

The following people have authority to authorise expenditure for non budgeted emergency expenses :

Church Warden(s ) and Rector together can authorise expenditure up to £250.00

If a greater amount is needed the full Standing Committee to be consulted and has the authority to authorise

Statement of trustees' responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the charity's trustees

J. Burgess Trustee 26 April 2022

Page 5

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Independent Examiners Report

Independent Examiner's Report to the trustees of The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen

I report to the trustees on my examination of the accounts of The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen for the year ended 31 December 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011('the Act'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.

I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

John Cordner

Association of Chartered Certified Accountants

Hammond & Co 74 Blandford Road

Corfe Mullen Wimborne Dorset BH21 3HQ 26 April 2022

Page 6

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Statement of Financial Activities

for the year ended 31 December 2021

Unrestricted
funds
2021
Notes
£
Income and endowments
from:
Donations and legacies
3
65,141
Charitable activities
4
(119)
Other trading activities
5
34,740
Investments
6
119
Other
7
5,667
Total
105,548
Expenditure on:
Raising funds
8
8,289
Charitable activities
9
63,310
Other
11
33,849
Total
105,448
Net gains on investments
-
Net income
12
100
Transfers between funds
40
Net income before other
gains/(losses)
140
Other gains and losses
Net movement in funds
140
Reconciliation of funds:
Total funds brought forward
76,123
Total funds carried forward
76,263		 Unrestricted
funds
2021
Notes
£
Income and endowments
from:
Donations and legacies
3
65,141
Charitable activities
4
(119)
Other trading activities
5
34,740
Investments
6
119
Other
7
5,667
Total
105,548
Expenditure on:
Raising funds
8
8,289
Charitable activities
9
63,310
Other
11
33,849
Total
105,448
Net gains on investments
-
Net income
12
100
Transfers between funds
40
Net income before other
gains/(losses)
140
Other gains and losses
Net movement in funds
140
Reconciliation of funds:
Total funds brought forward
76,123
Total funds carried forward
76,263		 Restricted
funds
2021
£
39,642
3,800
-
-
-		 Endowment
funds
2021
£
-
-
-
7,237
-		 Total funds
2021
£
104,783
3,681
34,740
7,356
5,667		 Total funds
2020
£
377,997
3,758
36,757
6,420
3,333
43,442
-
36,736
4,861		 7,237
1,217
498
205		 156,227
9,506
100,544
38,915		 428,265
6,312
94,297
26,751
105,448
-		 41,597
-		 1,920
-		 148,965
-		 127,360
-
1,845
(40)		 5,317 7,262
-		 300,905
-
-
140 1,805 5,317 7,262 300,905
140
76,123		 1,805
447,712		 5,317
240,695		 7,262
764,530		 300,905
462,271
76,263 449,517 246,012 771,792 763,176

Page 7

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Balance Sheet

at 31 December 2021

Charity No. 1134165
Fixed assets
Tangible assets
15
Investments
16
Current assets
Debtors
17
Cash at bank and in hand
Creditors:Amount falling due within one year
18
Net current assets
Total assets less current liabilities
Net assets excluding pension asset or liability
Total net assets
The funds of the charity
Restricted funds
19
Endowment funds
Restricted income funds
Unrestricted funds
19
General funds
Designated funds
Reserves
19
Total funds		 2021
£
2,236
230,000
232,236
207
542,666
542,873
(3,278)
539,595
771,831
771,831
771,831
246,012
449,517
695,529
27,907
48,395
76,302
771,831		 2020
£
2,364
230,000
232,364
529
534,430
534,959
(2,793)
532,166
764,530
764,530
764,530
240,695
447,712
688,407
40,282
35,841
76,123
764,530

Approved by the trustees on 26 April 2022

And signed on their behalf by:

J. Burgess Trustee 26 April 2022

Page 8

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Notes to the Accounts

for the year ended 31 December 2021

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 9

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Notes to the Accounts

Expenditure

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Equipment, fixtures & fittings 33% Straight line

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Page 10

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Notes to the Accounts

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Statement of Financial Activities - prior year

Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Other
Total
Expenditure on:
Raising funds
Charitable activities
Other
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
3
Income from donations and legacies
Donations from individuals
Legacies
Grants from other charities		 Unrestricted
funds
2020
£
57,577
736
35,474
77
3,333
97,197
5,631
63,361
26,751
95,743
1,454
1,454
1,454
74,670
76,124
Unrestricted
£
60,177
-
4,964
65,141		 Restricted
funds
2020
£
320,420
3,041
-
-
-
323,461
-
30,521
-
30,521
292,940
292,940
292,940
154,772
447,712
Restricted
£
2,708
24,913
12,021
39,642		 Endowment
funds
2020
£
-
(19)
1,283
6,343
-
7,607
681
415
-
1,096
6,511
6,511
6,511
234,183
240,694
Total
2021
£
62,885
24,913
16,985
104,783		 Total funds
2020
£
377,997
3,758
36,757
6,420
3,333
428,265
6,312
94,297
26,751
127,360
300,905
300,905
300,905
463,625
764,530
Total
2020
£
51,496
286,267
40,234
377,997

Page 11

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen

Notes to the Accounts

4 Income from charitable activities

Weddings and funerals
Coffee shop
Other activities
5
Income from other trading activities
Room hire
6
Income from investments
Interest receivable on bank
deposits
Rental income
7
Other income
Coronavirus Job Retention
Scheme		 Unrestricted
£
-
94
(213)
(119)
Unrestricted
£
119
-
119		 Restricted
£
4,472
(21)
(651)
3,800
Unrestricted
£
34,740
34,740
Endowment
£
-
7,237
7,237
Unrestricted
£
5,667
5,667		 Total
2021
£
4,472
73
(864)
3,681
Total
2021
£
34,740
34,740
Total
2021
£
119
7,237
7,356
Total
2021
£
5,667
5,667		 Total
2020
£
4,159
721
(1,122)
3,758
Total
2020
£
36,757
36,757
Total
2020
£
77
6,343
6,420
Total
2020
£
3,333
3,333

Page 12

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Notes to the Accounts

8 Expenditure on raising funds

8
Expenditure on raising funds
Costs of generating voluntary
income
Donations from individuals
Fundraising trading costs
Room hire
Investment management
costs
Rental income
9
Expenditure on charitable activities
Unrestricted
£
Expenditure on charitable
activities
Functions
250
Weddings and funerals
-
Coffee shop
-
Other activities
14,159
Grants made
48,901
Governance costs
63,310
10 Analysis of grants
Activity or programme
Diocese of Salisbury
Activity or programme
Diocese of Salisbury		 Unrestricted
£
210
8,079
-
8,289
Restricted
£
-
260
-
35,822
654
36,736		 Endowment
£
-
-
1,217
1,217
Endowment
£
192
-
-
306
-
498
Grants to
Institutions
£
49,555
49,555
Grant
funding of
activities
£
49,555
49,555		 Total
2021
£
210
8,079
1,217
9,506
Total
2021
£
442
260
-
50,287
49,555
100,544
Total
2021
£
49,555
49,555
Total
2021
£
49,555
49,555		 Total
2020
£
-
5,631
681
6,312
Total
2020
£
166
1,591
308
44,232
48,000
94,297
Total
2020
£
48,000
48,000
Total
2020
£
48,000
48,000

Page 13

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Notes to the Accounts

11 Other expenditure

11 Other expenditure
Unrestricted Restricted Endowment Total Total
2021 2020
£ £ £ £ £
Employee costs 10,670 4,749 - 15,419 10,686
Motor and travel costs (10) - 111 101 -
Premises costs 14,198 - - 14,198 7,015
Amortisation, depreciation,
impairment, profit/loss on 745 - - 745 357
disposal of fixed assets
General administrative costs 7,051 112 94 7,257 7,373
Legal and professional costs 1,195 - - 1,195 1,320
33,849 4,861 205 38,915 26,751
12 Net income before transfers
2021 2020
This is stated after charging: £ £
Depreciation of owned fixed assets 745 357
13 Trustee remuneration and expenses
One or more of the trustees has been paid expenses in the current or prior periods.
2021 2020
Number Number
Number of trustees paid expenses 2 3
The nature of the reimbursed expenses Clergy and general expenses
£ £
Total expenses reimbursed to trustees 180 2,081
14 Staff costs
Salaries and wages, allocated to:
Charitable activities 5,351 5,278
Fundraising activities 8,079 5,631
Administrative activities 15,014 10,516
Social security costs 405 170
28,849 21,595
No employee received emoluments in excess of £60,000.
The average monthly number of full time equivalent employees during the year was as follows:
2021 2020
Number Number
Administrative, charitable
and fundraising		 7 7
7 7

Page 14

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Notes to the Accounts

15 Tangible fixed assets

Cost or revaluation
At 1 January 2021
Additions
At 31 December 2021
Depreciation and
impairment
At 1 January 2021
Depreciation charge for the
year
At 31 December 2021
Net book values
At 31 December 2021
At 31 December 2020
16 Investments
Cost or revaluation
At 1 January 2021
At 31 December 2021
Net book values
At 31 December 2021
At 31 December 2020
17 Debtors
Other debtors
18 Creditors:
amounts falling due within one year
Other creditors
Accruals and deferred income		 2021
£
207
207
2021
£
2,270
1,008
3,278		 Equipment,
fixtures &
fittings
£
30,722
617
31,339
28,358
745
29,103
2,236
2,364
Freehold
Investment
Property
£
230,000
230,000
230,000
230,000		 Total
£
30,722
617
31,339
28,358
745
29,103
2,236
2,364
Total
£
230,000
230,000
230,000
230,000
2020
£
529
529
2020
£
1,833
960
2,793

Page 15

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Notes to the Accounts

19 Movement in funds

Movement in funds
At 1 January
2021
240,695
240,695
118,181
10,964
8,216
15,299
4,490
638
3,780
656
3,298
44
404
300
34,133
34,133
210,000
(1,078)
(40)
1,980
2,405
(91)
-
447,712
40,282
50,252
(17,930)
1,968
2,137
1,575
28
(114)
286		 Incoming
resources
(including
other
gains/losses)
£
7,237
7,237
-
60
6,112
10,000
2,848
-
-
-
-
-
-
-
-
-
24,913
(651)
-
-
-
35
125
43,442
60,234
44,358
-
10
104
-
-
(57)
-		 Resources
expended
£		 Gross
transfers
£
-
-
50,000
-
-
61,763
(40)
-
-
-
-
-
-
-
-
-
(110,000)
-
-
-
(1,763)
-
-
(40)
-
-
-
-
-
-
-
-
-		 At 31
December
2021
£
246,012
Restricted funds:
Endowment funds:
Wilmore property
Total
Restricted income funds:
Wilmore Fund
Friends of St Huberts
Weddings & Funerals
Jubilee Refurbishment
Foodbank
Memory loss hub
Miscellaneous & memorials
Youth music
Youth worker
Junior Puppets
Coffee morning
Pastoral fund
AP - St Huberts
AP - St Nicholas
PW
Routes for roots
Samaritan's purse
Mary Gardener - St Huberts
Mary Gardener - St Nicholas
Bible Society
Bell Ringers
Total
Unrestricted funds:
General funds
Designated funds:
St Nicholas
St Huberts
Coffee shop
(1,920)
(1,920) 246,012
161,561
11,024
13,410
57,457
5,856
638
3,780
-
3,298
44
-
300
34,133
34,133
124,913
(1,729)
(40)
1,045
-
(56)
(250)
(6,620)
-
(918)
(29,605)
(1,442)
-
-
(656)
-
-
(404)
-
-
-
-
-
-
(935)
(642)
-
(375)
(41,597)
(72,609)
(27,296)
(4,760)
(99)
(355)
-
-
-
-		 449,517
27,907
67,314
(22,690)
1,879
1,886
1,575
28
(171)
286
Saltmine
Share accrual
Baptism & bibles
Catering
Functions

Page 16

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Notes to the Accounts

es to the Accounts
Music
Tots, teas & toast
Heat
Community Lunch Fund
Holiday Club
Total
Revaluation Reserves:
Total funds		 (1,170)
305
(1,496)
-
-
35,841
764,530		 -
129
-
770
148
45,462
156,375		 -
(99)
-
(230)
(109)
(32,948)
(149,074)		 -
-
-
-
40
40
-		 (1,170)
335
(1,496)
540
79
48,395
771,831

Purposes and restrictions in relation to the funds: Endowment funds: Wilmore property Income is generated by the letting out of a flat. Expenditure is linked to the maintenance of the flat. In addition profit from this fund can be used to support children, young people and families in Corfe Mullen in line with the aims of the Wilmore Fund.

Restricted funds: Wilmore Fund To advance education of young people and their families, to provide community facilities for recreational, creative and other leisure activities with a view to improving living conditions of life and well-being and to advance the Christian faith. Friends of St Huberts Fund to maintain the building of St Huberts. Income generated by annual subscriptions and events organized by Friends. Weddings & Funerals Contributions made towards the costs of weddings and funerals. Jubilee Refurbishment Income raised by grant applications to fund the refurbishment of St Nicholas. Foodbank Donations and grants towards foodbank expenses, being part of the PCC outreach mission. Memory loss hub Donations and costs associated with the outreach mission of the Church Miscellaneous & memorials Donations received towards costs of memorials at St Hubert's Church Youth music Grant received towards youth band equipment Youth worker Donations towards the employment of a youth worker. Junior Puppets Donations received for a children's group Coffee morning Grants received towards equipment used in the coffee shop. Pastoral fund Monies in this fund can be used at the discretion of the rector to aid families and individuals in crisis. AP - St Huberts Legacy fund to be spent on the upkeep or projects related to St Huberts. AP - St Nicholas Legacy fund to be spent on the upkeep or projects related to St Nicholas. PW Legacy fund to be used to support the work of the Churches and maintaining the buildings and grounds. Routes for roots Agency collection - monies held on behalf of other charity. Samaritan's purse Agency collection - monies held on behalf of other charity. Mary Gardener - St Huberts Legacy fund to be spent on the maintenance of St Hubert and grounds. Mary Gardener - St Nicholas Legacy fund to upgrade the facilities at St Nicholas. Bible Society Agency collection - monies held on behalf of other charity.

Page 17

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Notes to the Accounts

es to the Accounts
Bell Ringers Money set aside for replacing ropes and spindles for bells.
Designated funds:
St Nicholas Income generated by the letting out of rooms in the centre. Expenditure is
linked to the day to day running and maintenance of the centre.
St Huberts Income generated by letting out St Hubert’s building and grounds.
Expenditure is connected to the running and maintenance of the building.
Coffee shop Fund to cover the costs of running the coffee shop and Church meals.
Income is generated from the sale of drinks and snacks at coffee shop.
Saltmine Saltmine is a touring theatrical group that perform shows for the PCC
during festive periods. Income is generated from grants and sale of tickets.
Share accrual Contributions made to the Diocese of Salisbury.
Baptism & bibles Donations received for bible costs, which are then presented to individuals
at baptism
Catering Fundraising costs incurred for external catering functions
Functions Fundraising costs associated with church run events
Music Cost associated with Church music
Tots, teas & toast Church run toddler group with a yearly budget from PCC but also
generates income from donations to cover expenses.
Heat Costs of utility bills

20 Analysis of net assets between funds

Fixed assets
Investments
Net current assets
21 Reconciliation of net debt
Cash and cash equivalents
Net debt		 Unrestricted
funds
£
2,236		 Restricted
funds
£
-		 Total
£
2,236
- 230,000 230,000
539,595
541,831
At 1 January
2021
£		 -
230,000
Cash flows
£		 539,595
771,831
At 31
December
2021
£
534,430 8,236 542,666
534,430
534,430		 8,236
8,236		 542,666
542,666

Page 18

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Statement of Cash flows

for the year ended 31 December 2021

Cash flows from operating activities
Net income per Statement of Financial Activities
Adjustments for:
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
Decrease in trade and other receivables
Increase/(Decrease) in trade and other payables
Net cash (used in)/provided by operating activities
Cash flows from investing activities
Payments for property, plant and equipment
Dividends, interest and rents from investments
Net cash from investing activities
Net cash from financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year		 2021
£
7,262
745
(13,023)
322
485
(4,209)
(617)
13,023
12,406
-
8,197
534,430
542,627		 2020
£
300,905
357
(9,753)
7,378
(922)
297,965
(1,721)
9,753
8,032
-
305,997
228,433
534,430
Components of cash and cash equivalents
Cash and bank balances 542,666 534,430
542,666 534,430

Page 19

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Detailed Statement of Financial Activities

for the year ended 31 December 2021

Income and endowments from:
Donations and legacies
Donations from individuals
Legacies
Grants from other charities
Charitable activities
Weddings and funerals
Coffee shop
Other activities
Other trading activities
Room hire
Investments
Interest receivable on bank
deposits
Rental income
Other
Coronavirus Job Retention
Scheme
Total income and endowments
Expenditure on:
Costs of generating donations and
legacies
Donations from individuals
Costs of other trading activities
Room hire
Investment management costs
Rental income
Total of expenditure on raising
funds
Charitable activities		 Unrestricted
funds
2021
£
60,177
-
4,964
65,141
-
94
(213)
(119)
34,740
34,740
119
-
119
5,667
5,667
105,548
210
210
8,079
8,079
-
-
8,289		 Restricted
funds
2021
£
2,708
24,913
12,021
39,642
4,472
(21)
(651)
3,800
-
-
-
-
-
-
-
43,442
-
-
-
-
-
-
-		 Endowment
funds
2021
£
-
-
-
-
-
-
-
-
-
-
-
7,237
7,237
-
-
7,237
-
-
-
-
1,217
1,217
1,217		 Total funds
2021
£
62,885
24,913
16,985
104,783
4,472
73
(864)
3,681
34,740
34,740
119
7,237
7,356
5,667
5,667
156,227
210
210
8,079
8,079
1,217
1,217
9,506		 Total funds
2020
£
51,496
286,267
40,234
377,997
4,159
721
(1,122)
3,758
36,757
36,757
77
6,343
6,420
3,333
3,333
428,265
-
-
5,631
5,631
681
681
6,312

Page 20

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Detailed Statement of Financial Activities

Functions
Weddings and funerals
Coffee shop
Other activities
Grants made
Total of expenditure on charitable
activities
Employee costs
Salaries/wages
Employer's NIC
Motor and travel costs
Travel and subsistence
Premises costs
Light, heat and power
Premises cleaning
General administrative costs,
including depreciation and
amortisation
Depreciation of Equipment,
fixtures & fittings
General insurances
Software, IT support and related
costs
Stationery and printing
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Audit/Independent examination
fees
Accountancy and bookkeeping
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net income
Transfers between funds
Net income before other
gains/(losses)
Other Gains		 250
-
-
14,159
48,901
63,310
63,310
10,265
405
10,670
(10)
(10)
13,618
580
14,198
745
4,859
86
402
667
1,037
7,796
1,195
-
1,195
33,849
105,448
-
100
40
140
-		 -
260
-
35,822
654
36,736
36,736
4,749
-
4,749
-
-
-
-
-
-
-
-
112
-
-
112
-
-
-
4,861
41,597
-
1,845
(40)
1,805
-		 192
-
-
306
-
498
498
-
-
-
111
111
-
-
-
-
-
-
94
-
-
94
-
-
-
205
1,920
-
5,317
-
5,317
-		 442
260
-
50,287
49,555
100,544
100,544
15,014
405
15,419
101
101
13,618
580
14,198
745
4,859
86
608
667
1,037
8,002
1,195
-
1,195
38,915
148,965
-
7,262
-
7,262
-		 166
1,591
308
44,232
48,000
94,297
94,297
10,516
170
10,686
-
-
6,869
146
7,015
357
4,470
1,103
578
394
828
7,730
-
1,320
1,320
26,751
127,360
-
300,905
-
300,905
-

Page 21

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Detailed Statement of Financial Activities

Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 140
76,123
76,263		 1,805
447,712
449,517		 5,317
240,695
246,012		 7,262
764,530
771,792		 300,905
462,271
763,176

Page 22