| ANNUAL REPORT |
1-6 | |
|---|---|---|
| A Legal and administrative | information | 2 |
| BStructure, governance and management. . |
.......3 | |
| CObjectives and activities. | .......3 | |
| DAchievements and performance. |
.......3 | |
| E Financial Review. |
..6 |
| FINANCIAL STATEMENTS . | ...A1 —A13 |
|---|---|
| INDEPENDENT EXAMINER'S REPORT... |
...A2 |
| STATEMENT OF FINANCIAL ACTIVITIES. | ...A3 |
| BALANCE SHEET. | ...A4 |
| NOTES ToTHE FINANCIAL STATEMENTS...... | .....As-A13 |
| ustees who have served | from | 1 January 2021 | until the date | this report was approved are: |
|---|---|---|---|---|
| Name | Position | Notes | ||
| John Castle | Rector and Chairman | |||
| Emma Hod e | Churchwarden | First Elected APCM 2017 | ||
| Catherine Wilkins |
Churchwarden | First Elected APCM 2019 | ||
| Sue Campbell | @ | PCC Secretary | Elected to DS APCM 2020 | |
| Deane S nod |
Re | |||
| John Martin | @ | Deanery Synod | Rep | Elected to DS APCM 2017 |
| Vice chairman | ||||
| John Cam bell |
Elected APCM 2020 | |||
| Gear ina Castle |
Elected APCM 2021 | |||
| Ru ert Cremer-Evans |
Elected APCM 2021 | |||
| Alun Grafton | Elected b PCC Nov 2020 |
|||
| Clare Hard | Elected APCM 2021 | |||
| Ste hanie Martin |
Elected APCM 2019 | |||
| Dave Percival | PCC Secreta | Resi ned March 2021 |
||
| Diana Ta lor | Safe-Guardin | Officer | Elected APCM 2021 | |
| Jon Toohe | Treasurer | Elected APCM 2019 | ||
| Nick Thomas |
Elected APCM 2020 |
| General | Designated | Restricted | TOTAL | FUNDS | ||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2021 | 2020 | ||||
| Notes | 6 | |||||||
| INCOME | ||||||||
| Voluntaryincome | 2(a) | 93,710 | 6,428 | 31,235 | 131,373 | 117,129 | ||
| Activities for generating | funds | 2(b) | 40,237 | 5,847 | 46,084 | 27,973 | ||
| Investment income |
2(c) | 60 | 60 | 857 | ||||
| Income from church | 2(d) | 8,830 | 8,830 | 9,396 | ||||
| activities | ||||||||
| Other income | 2(e) | 1,489 | 3,000 | 4,489 | 1,965 | |||
| Total income | 144,266 | 15,335 | 31,235 | 190,836 | 157,320 | |||
| EXPENDITURE | ||||||||
| Church activities | 3(a) | 135,156 | 10,539 | 46,141 | 191,836 | 210,968 | ||
| Costs offundraising | 3(b) | 379 | 0 | 0 | 379 | 1,070 | ||
| Total expenditure | 135,535 | 10,539 | 46,141 | 192,215 | 212,038 | |||
| Transfer to fixed assets | 7 | (7,432) | ||||||
| Net Expenditure | 135,535 | 10,539 | 46,141 | 192,215 | 204,606 | |||
| Net Income/(Expenditure) | 8,731 | 4,796 | (14,906) | (1,379) | (47,286) | |||
| Net Gains on Investments | 188,372 | 5,124 | 193,496 | |||||
| Transfers between |
funds | 7 | (8,731) | 616 | 8,115 | 0 | 0 | |
| Net movement in Funds |
0 | 193,784 | (1,667) | 192,117 | (47,286) | |||
| Total funds brought |
forward: | 28,147 | 350,194 | 234,480 | 612,821 | 660,107 | ||
| Total funds carried | forward: | 28,147 | 543,978 | 232,813 | 804,938 | 612,821 |
| BALANCE SHEET | BALANCE SHEET | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| as at 31 December | 2021 | General | Designated | Restricted | TOTAL | FUNDS | |||
| Funds | Funds | Funds | 2021 | 2020 | |||||
| Notes | f | ||||||||
| Fixed Assets | |||||||||
| Tangible | 1e,4 | 425 | 22,500 | 148,671 | 171,596 | 179,230 | |||
| Investments | 4b | 470,372 | 40,124 | 510,496 | 177,000 | ||||
| 425 | 492,872 | 188,795 | 682,092 | 356,230 | |||||
| Current Assets: | |||||||||
| Debtors and prepayments | 5 | 19,043 | 276 | 19,319 | 8,003 | ||||
| Cash at bank | and in hand | 21,657 | 51,106 | 43,806 | 116,569 | 266,364 | |||
| 40,700 | 51,106 | 44,082 | 135,888 | 274,367 | |||||
| Liabilities: payable | within one year | ||||||||
| Creditors | 6 | (12,978) | (64) | (13,042) | (17,776) | ||||
| Net Current Assets | 27,722 | 51,106 | 44,018 | 122,846 | 256,591 | ||||
| Total Assets less Current | Liabilities | 28,147 | 543,978 | 232,813 | 804,938 | 612,821 | |||
| Total Net Assets | 28,147 | 543,978 | 232,813 | 804,938 | 612,821 | ||||
| FUNDS | |||||||||
| Generalfunds | |||||||||
| Accumulated | Fund | 7.1 | 28,147 | 28,147 | 28,147 | ||||
| Designated fund |
7.2 | 543,978 | 543,978 | 350,194 | |||||
| 28,147 | 543,978 | 572,125 | 378,341 | ||||||
| Restricted funds | 7.3 | 232,813 | 232,813 | 234,480 | |||||
| 28,147 | 543,978 | 232,813 | 804,938 | 612,821 |
| General | Designated | Restricted | TOTAL | FUNDS | |||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2021 | 2020 | |||
| 2. INCOME | |||||||
| (a) Voluntary income |
|||||||
| Planned giving: |
|||||||
| Covenants | 60,299 | 60,299 | 56,972 | ||||
| Uncovenanted | 3,279 | 3,279 | 3,333 | ||||
| Income taxrecoverable | 15,922 | 3,212 | 19,134 | 16,685 | |||
| Collections at all services |
7,334 | 64 | 7,398 | 4,807 | |||
| Sundrydonations | 2,211 | 2,211 | 795 | ||||
| Grants (see note 2f) |
3,590 | 7,000 | 10,590 | 15,590 | |||
| Donations | 1,075 | 6,428 | 20,959 | 28,462 | 18,947 | ||
| 93,710 | 6,428 | 31,235 | 131,373 | 117,129 | |||
| (h) Activities for generating | funds | ||||||
| Fund raising events | 3,454 | 3,454 | 4,641 | ||||
| Pastoral Centre lettings | 36,783 | 36,783 | 18,528 | ||||
| SCS room hire | 5,847 | 5,847 | 4,804 | ||||
| 40,237 | 5,847 | 0 | 46,084 | 27,973 | |||
| (c) Investmentincome | |||||||
| Accumulated fund interest |
0 | 0 | |||||
| Other funds interest | 60 | 60 | 857 | ||||
| Investment income |
0 | 0 | |||||
| 60 | 60 | 857 | |||||
| (d) Income from church | activities | ||||||
| Fees | 8,808 | 8,808 | 9,391 | ||||
| Magazine and bookstall |
22 | 22 | 5 | ||||
| 8,830 | 0 | 8,830 | 9,396 | ||||
| (e) Other income | |||||||
| Other receipts | 1,489 | 1,489 | 1,965 | ||||
| Legacy | 0 | 3,000 | 3,000 | 0 | |||
| 1,489 | 3,000 | 0 | 4,489 | 1,965 | |||
| Total income | 144,266 | 15,335 | 31,235 | 190,836 | 157,320 | ||
| tf) Grants received in the year: |
F. | f | |||||
| From ODBFtowards | full | time familyworker | 7,000 | 12,000 | |||
| from Sandhurst Council |
forthe upkeep of | 3,590 | 3,590 | ||||
| the Church yard |
10,590 | 15,590 |
| General | Designated | Restricted | TOTAL | FUNDS | ||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2021 | 2020 | ||||
| 3. | EXPENDITURE | |||||||
| (a) | Church activities | |||||||
| Missionaryand charitable |
giving | |||||||
| Overseas mission |
6,000 | 6,000 | 5,148 | |||||
| Other Charities | 2,571 | 6,142 | 64 | 8,777 | 8,158 | |||
| 8,571 | 6,142 | 64 | 14,777 | 13,306 | ||||
| Ministry- Diocesan parish | share | 72,865 | 72,865 | 72,516 | ||||
| - Incumbent's expenses |
451 | 451 | 476 | |||||
| -Other ministry expenses | 1.31 | 131 | 45 | |||||
| Church running &maintenance |
7,240 | 3,059 | 10,299 | 18,303 | ||||
| Upkeep ofservices | 2,380 | 2,380 | 2,379 | |||||
| Upkeep ofchurchyard | 3,590 | 3,590 | 3,590 | |||||
| Running costs ofchurch groups |
903 | 35,490 | 36,393 | 46,119 | ||||
| Pastoral Centre costs | 13,354 | 13,354 | 13,583 | |||||
| Equipment &property depn. |
106 | 7,528 | 7,634 | 8,095 | ||||
| Musicians' fees | 5,326 | 5,326 | 4,597 | |||||
| Bank charges and interest | 484 | 484 | 423 | |||||
| Staffcosts | 14,660 | 14,660 | 13,844 | |||||
| Equipmentleasing | 496 | 496 | 772 | |||||
| Oflice running costs |
3,559 | 3,559 | 2,933 | |||||
| Othersundrypadsh expenses |
737 | 737 | 424 | |||||
| Stewardship expenses |
180 | 180 | 180 | |||||
| St.Mary's - operational | costs | 4,397 | 4,397 | 9,032 | ||||
| Coud costs | 123 | 123 | 351 | |||||
| 135,156 | 10,539 | 46,141 | 191,836 | 210,968 | ||||
| (b) | Fund-raising costs |
|||||||
| Social events | 379 | 379 | 1,070 | |||||
| 379 | 0 | 0 | 379 | 1,070 | ||||
| Total expenditure | 135,535 | 10,539 | 46,141 | 192,215 | 212,036 |
| Fixtures | Freehold | ||
|---|---|---|---|
| fittings and | buildings | Total | |
| equipment | |||
| F. | |||
| Gross BookValue | |||
| - at1 January2021 -additions |
61,145 | 271,976 | 333,121 0 |
| at 31 December2021 | 61,145 | 271,976 | 333,121 |
| Depreciation | |||
| - at1 January2021 - charge forthe year |
24,525 2,194 |
129,366 5,440 |
153,891 7,634 |
| at31 December 2021 | 26,719 | 134,806 | 161,525 |
| Net BookValue | |||
| - at31December2021 | 34,426 | 137,170 | 171,596 |
| at31 December2020 | 36,620 | 142,610 | 179,230 |
| Land | CCLA | 2021 | 2020 | ||
|---|---|---|---|---|---|
| Investment | f | f | |||
| Marketvalue 'Addition |
at1 January2021 | 177,000 | 140,000 | 177,000 140,000 |
177,000 |
| Net Gain on | revaluation | 173,000 | 20,496 | 193,496 | |
| Market Value | at 31 December 2021 | 350,000 | 160,496 | 510,496 | 177,000 |
| 2021 | 2026 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 6 | 6 | ||||||||
| 5. DEBTORS | |||||||||
| Inland Revenue -taxclaims | 1,883 | 1,356 | |||||||
| Prepaym ants | 0 | 171 | |||||||
| Other debtors | 17,436 | 6,476 | |||||||
| 19,319 | 8,003 | ||||||||
| 6. LIABILITIES PAYABLE WITHIN | ONE | YEAR | 2021 6 |
2020f | |||||
| Other sundry creditors | 10,751 | 15,385 | |||||||
| Social securityand | other taxes | 1,696 | 1,872 | ||||||
| 100Club | 595 | 519 | |||||||
| 13,042 | 17,776 | ||||||||
| 7. MOVEMENTS IN FUNDS |
|||||||||
| GeneralFunds | 2021 | 2020 | |||||||
| 7.1 Accumulated Fund |
8 | ||||||||
| Balance at1 Januaiy2021 | 28,147 | 28,147 | |||||||
| Transfers | (8,731) | 13,412 | |||||||
| Surplus/(Defiat) on ordinary |
activiTies | ||||||||
| Balance at31December2021 | 28,147 | 28,147 | |||||||
| 2021 | 2020 | ||||||||
| 7.2 Designated Fund |
Balance b/f | Income | Expenditure | Transfer | Balance c/f | ||||
| 8Revaluation | |||||||||
| E | f | 8 | f | ||||||
| StMary's Mission Fund | 317,224 | 3,060 | 4,397 | 180,257 | 496,144 | 317,224 | |||
| Repairs and renovehons | 9,059 | 6,000 | 8,731 | 23,790 | 9,059 | ||||
| Hardship Fund |
1,411 | 233 | 100 | 1,544 | 1,411 | ||||
| Designated assets | 22,500 | 22,500 | 22,500 | ||||||
| SCS | 0 | 6 042 | 6042 | 0 | 0 | ||||
| Balance at 31December2021 | 350194 | 15335 | 10539 | 188988 | 543978 | 350194 | |||
| Total General Funds | 572,125 | 378,341 |
| 7.3Restricted Funds |
2021 f |
2020f | |||||
|---|---|---|---|---|---|---|---|
| Balance b/f | Income | Expenditure | Transfer | Balance cff | |||
| & | revaluation | ||||||
| f | r. | f | |||||
| Youth Worker fund | 6,741 | 17,969 | 17,000 | 7,710 | 6,741 | ||
| Family Worker | 10,302 | 18,417 | 8,115 | 0 | 0 | ||
| Choir Fund | 1,067 | 495 | 73 | 1,489 | 1,087 | ||
| Bellringers Fund |
315 | ' 315 | 0 | ||||
| Repairs and renovations | 2,357 | 1,385 | 1,286 | 2,456 | 2,357 | ||
| WinSpirs | 68,117 | 705 | 1,773 | 5,124 | 72,173 | 68,117 | |
| Special charityccllecticns | 64 | 64 | 0 | 0 | |||
| Rsstdctsd assets | 13,589 | 2,088 | 11,501 | 13,589 | |||
| Pastoral centre | 142,609 | 5,440 | 137,169 | 142,809 | |||
| Balance at 3'I December 2021 | 234,480 | 31,235 | 46,141 | 13,239 | 232,813 | 234,480 |