## **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
- R. Stevens
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:
- Worship and prayer; learning about the Christian faith; growing in living out the faith in their lives;
- Provision of pastoral care for people living in the parish;
- Mission and outreach work.
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:
- the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- the accounts do not accord with those records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
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**
- 1 **Accounting policies**
## **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**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
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**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **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