PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW. COULSDON TRUSTEES REPORT AND FINANCIAL STATEMENTS 2021 TRusfEES REPORT 2021 Our Vision Statement - 'A joyful, darinsj diverse and generous Chrlstlan communlty, settins the world alight with the love of GI￿., Aim and Purposes. St. Andrew's Parochlal Church Councll (PCCI has the responsibility of cooperating with the incumbent, the Reverend Esther Foss, in promoting in the ecclesiastical parish the whole mTssion of the Church, pastoral, evangelistic, social and ecumenical. The PCC is aba specifically responsible for the maintenance of the Church Hall and the property at 23 Ricknian Hill. Objectlves and Actlvltles. The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at St. Andrew's. The PCC maintains an overview of worship throughout the parTsh and makes suggestions on how our services can involve the many group5 that live wlthin our parish. When planning our actlvlties for the year, we have consldered the Commlsslon's guidance on public benefit ar)d the supplementary guiéance on charities for the advancement of religion. 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 Gospel; developing kn¢)wLedge of the Christian faith and deepening our relationship vdth God. Provision of pastoral care for people living in the parish and those outside the parfsh but who worship at St Andrew's. Missionary and ￿treach work to people of all ages. To facilitate this work, it Is Important that we maintain the fabric of the Church of St. Andrew and the Church Hall. Structure, governance and management. The method of appointment of PCC members is set out in the Church Representation Rules. At St. Andrew's the membership of the PCC consists of the incumbent, churchwardens, diocesan reader5, deanery synod repre5entative5 and members elected by those members of the congregation who are on the electoral roll of the church. All those who attend our services I members of the congregation are encouraged to register on the Electoral Roil and stand for election to the PCC. The PCC member5 are responsible for making decisTons on all matter5 of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. New members recelve initial trainlng Into the workings of the PCC. The full PCC met slx tlmes during 2021 and once for an extraordlnary meetlngs. PCC of St Andrew, Couisdon - Trustees Report and Financial Accounts 2021 Pagell The Standing Committee 15 required by law and has the authority to transact PCC business between meetings, subject to any directions given by the PCC. Given its wide responsiblllties the PCC has two subcommittees: the Finance Committee and the Leadership Committee. These sukommittees are responsible to the PCC and report back to It with minute5 of their decisions being received by the full PCC arKJ di5CUSsed as necessary. The Finance Committee met twTce in 2021. Rlsk management. The Parixhial Church Council ha5 a duty to identify and review risks to which the charity TS exposed and ensure appropriate contro15 are in platr to provide reasonable assurance against fraud and error. The Parochial Church Council has assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity also child and vulnerable persons safeguarding, and are satisfied that systems are In place to mitigate exposure to major ri5k5. Adrnini5tratlon. St. Andrew's Church is situated on Woodmansterne Road. CC￿lsdon. It is part of the Diocese of Southwark within the Church of England. The correspondence address is: The Partsh Offlce, St Andrew's Church, Wocrtjmansterne Road, Coulsdon, Surrey CR5 2DD. The Parochial Church C¢)unciL (PCC) is an uninc¢)rporated charity body established by the Church of England. The PCC operates under the Parochial Church Councll Powers Measures. The Charlty registration number for St Andrew's is 1134597. PCC member5 who have served at any time from 1st January 2021 until the date this report was approved are: Ex Officio members Vicar and Chairperson: Readers: Churchwardens: Revd. Esther Foss Susan Goddard, Gerry Daley Audra pr￿tOr Sheila Linney Barbara Rogers Gerry Daley Jenny Atkinson (SPAI Vacancy Kim Essex Deanery Synod: PCC Secretary: PCC minutes: Elected members servlng throughout 2021 were: Catherine Atkinson Jan Greenfield Sara Jane Davidson Danielle Stobart Gail Hayne5 John Linney (freasurerl PCC of St Andrew. Coulsdon - Trustees Report and Financial Accounts 2021 Page12 Members stepping down in 2021 were: Cynthia Stanley Members appointed during 2021 were: Karen Bowey Allison North Dorothea Harle5ton Ann Witham Standing Committee members who have served at any time from 1st January 2021 are: Revd. Esther F05S Audra Proctor Sheila Linney Gerry Daley Susan Goddard Jenny Atkinson Jthn Linney Finance Committee members who have Served at any time fr(xn 15r January 2021 are: Revd. Esther Fos5 Audra Proctor Sheila Linney John Linney Gerry Daley Cynthia Stanley Jan Goddard Leadership committ￿ Members who have served at any time from 1st January 2021 are: Revd. Esther Foss Audra Proctor Sheila Linney Gerry Daley Susan Goddard Jenny Atkinsc PCC of St Andr￿, Couisdon - Trustee5 Report and Financial Accounts 2021 Page13 Financial Re rt 2021 The financial responsibility of the PCC is to ensure that funds are available to resource outreach, flnance the mlnistry of St Andrew's and maintain its buildings for future generations. The Council's policy is to build up and maintain sufficient funds to cover contingencies and meet these ends, this is now h1ghllghted In our Finance Policy updated and approved by PCC on 20 Aprll 2020. During the year, the PCC incurred unbudgeted unexpected major expenditure for remedial work on the organ at £7,716. The dlsputed claim of £6,013 for replacement hall boller work was settled with an agreed settlement of £2,700. The new Remembrance Garden was expected be completed In 2021; unfortunately, we have been unable to agree with the Diocese the 51te and scope of the project. However, the work will be at a significantly greater cost than originally bLKlgeted for. The PCC agreed that replacement of the West Window in the Narthex should be a priority in 2022(c05t c.£78KI' the West Window Renewal Subcommittee was subsequently established in February 2021 and has rnet on several occasions. Significant progress has been made but it remains to be seen whether work5 will be completed in 2022. Whilst Covid 19 resulted in marked reductions in income for 2020 we have had a markedly improved 2021,. in particular £5,4K from DonationslAppea15 and £8.5K froffl hall lettings The PCC decided for 2021 to malntaln prevlous year's levels of charftable payments, wth MISSI¢￿ grants totaling £2.7K However, we also agreed to increase our planned Parish Support Fund C¢￿tribUtIOn to £58,000 for 2022, similar to 2020, compared with £50,112 In 2021. Funding of the PCC actlvities Is met prfncipally by: (al In the year, regular giving under the Stewardship scheme Including the Income Tax recovered on glft ald. decreased by clrca £1 K to £48,700 versus 2020. Income from the investments - the leve15 remained similar to 2020. Hall income - increased by £3.5K in 2021 compared to 2020 but is still £2.5K below 2019 levels. Rent from Rickman Hlll - levels maintained in 2021. Fund raising activities - at £2.8K still reduced markedly compared with 2019(£5.6K); raised largely from our Pantomime. (b) Ic) Id) le> We are aware of the Charity Governance Code and are considerlng h¢N relevant matters can be applied to and implemented by the Charity. PCC of St Andrew, Cou15don . Trustees Report and Financial Accounts 2021 Page14 Financlal Summary 2021 - Summary hlshllghts Total receipts on unrestricted funds were £103,102 {2020: £96,384) of whlch £48,689 (2020: C48,689} was unrestricted planned voluntary donations, with a further £12,266 12020: £11,637) from Gift Aid. Restrlcted grants and donations of £2,12412020: £5001 were received. The freehold house at Rlckman Hill brought in a gr055 income of £17,500 in 2021 (2020.. £16,800). A total of £98,022 (2020.. £120,684) was spent from unrestricted funds to provide the Christian ministry from St. Andrew's Church. Thls Includes our contribution to the dic(esan parish share of £50,112 (2020: £57,600), which largely provide5 the stipends and housing for the clergy. The comblned funds were increased by £42,58212020: decreased £7,725). Summary of the movements of PCC funds are tabulated below: 2021 2020 General Fund 'linve5tn￿Tr￿.£3S,50Sj Hall Fund Rickman Hill Fund West Window Fund Choir fund Whiskin flower fund Total Movement 34,241 3,345 994 2,655 1.221 125 42,582 3,588 114,9381 625 17,725) Total unrestricted funds excludlng properties were E285,671 in surplu5 at 315t December 2021 [2020". £248,085]. The financial statements have been prepared on the going concern basis a5 in the opinion of the Trustees there are no material uncertainties about the charity's ability to continue. Reserves Pollcy The reserves have increased by £42,582 In 2021 benefltlng from an Increase in value of £35,505 in our investments. PCC wjlicy is to rebuild these as soon as practicable if necessary. Excluding freehold property of £6￿,1))0 our Total Reserves were £300,541 at 31 December 2021 12020: £257,959). PCC policy 15 to invest Tn ethical investments. Thls now comprlses the CBF Investment fund where all our Investments are now placed. Other funds are held at banks. PCC of St Andrew, Coulsdon - Trustees Report and Financial Accounts 2021 Page15 2021 & The futwe The contlnulrvA ccffimknt, generosity ar￿ V￿￿tary efforts of the chwch community assure5 that the financial future of St Andre•¥s remalns optlmlstlc, yet chaUenge5 do remaln in 2021 to a c(Ynblnatlon of the effects of CIYIID 19. albeit les5 Ma￿ed th￿ 2020, and slgnificant unplanned expenditwe our organ. The fl￿tio￿ ￿ Investment gain5 thiL5t favwrnlAe for last fe4¥ only be The 5trfk market thymturn in late 2018 resulted in a net1055 of c.£2,YNJ in our Investsnent value in 2018: tK)wever, galns In the last three years, IKludlry £35,505 in 2021, 8ivlng an overrAI galn of c.£88K in this period. This 2021 bty fwecast based on the finanda effects of COVID 19 contiThJiry tlwh the first sts morrttts of 2021: thls knrned tsjt tts be qulte ￿ate. At flrst g&l￿e the £7K galn on Intome eXpaMM￿re fn 2021 seems ImpressTie; hOW￿er there a number of one-off b￿*fits. In partlcular the £7.5K reductlon In DI￿e￿ quots Also. no pLiwl major expenditure took place, costs for the West Window and new ReMeMbrar￿ garden belr8 proftssfonai fees onty A conseNatfve estlffote of a £1(Th call in 1022 fs ￿te Ifkeiy wlthout further spo￿lP for the West winch￿ (currently £9.5K receivedl" thfs W￿ld reprv*nt a 40% ioss of Investment value and £3K p.L loss of dtYk1erMI Income. awJming investment val Is malntalned. Alth(xoh reguL¥ giv5￿ [r￿reaSed in Z019 following a 5teward5hlp campalgm there has been contlnued attrltion In d¢)nor numbets- rea115tlcally we need new domrs to at ithist malntaln and Ideally IrKrease current Iwds of regular 8ivirvJ. ConcI￿lOn rwite the varlous caveats wtllned above. the Parf5h contlwes to have a Iwlthy baiaKe sheet to 51WOrt the fU￿re. A5 noted in 2019 aThJ 2020 report5, 5kKe re¥￿ar I1￿orne sknli str￿leS to balante regular experses, careful tlwht sl¥)uld to be given before Committing to any sig￿lfICant expense. Once agaln, thanks to ail In the Parfsh for your ge￿(M￿ gfvlng. wrt arwj flnandal commltrnent durkng 2021. Slgned ￿ behalf of the TnEtees on 11" 2022 by: John Linney Hon TFpasurer PCC of St AJKlrew, Ctyjsthn . TnJ5tts Rewt and Flnandai ￿c￿ts 2021 Pag¢16 Independent Examiner's Report to the Trustees of Parochlal Church Council of St Andrev/5 Church, Cou15don Independent examlner's report to the Paro¢hial Church Coundl of St Andrthrf5 Church, Coulsdon I report to the charitytrustees. being the Parochial Church Council. on rny examination of the accounts. Sel out on pages 8 to 16, of the Parochial Church Council of St Andrew'5 Church, Coulsdon (the Trustl for the year ended 31 December 2021. Re5ponsibilltles and basls of rÈport As thè charitytruslee5 of theTrust you are responsible forthe preparation of the accounts in accordance with the requirements of the Charlties Art 20111.the Act'l. I report In respert of my examination of the Trust's accounts carried out under section 145 of the Act nd in carrying out my examination I have followed all applicable Dirertions given by the Charity Commission under section 14515llbl of the Act. Independent examinerfs Statement I have completed my examination. I confirm that no material matter5 have corne to rny attention in connection with the examination 8iving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by Section 130 of the Act: or the accounts do not accord with thosè records- or the accounts do not comply with the appllcable requirements ¢on¢erning the form and content of accounts sei 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 confirm that there are no other matters to whlch your attentlon should be drawn to enable a proper undeistandin8 of the accounts to be reached. Tlmothy 51ater ACA, CTA Harmer Slater Limited Salatin House, 19 Cedar Road, Sutton, Surrey, SM25DA Date.. 11 April 2022 Page 7 St ANDREWS CHURCH. COULSDON FINANCL4L STATEMEKfs OF THE PAROCHL4L CHURCH COUNCIL OF THE ECCLESLAsficAL PARISH OF COULSDON. ST ANDREW FOR THE YEAR ENDING 31 DECEMBER2021 Staternont of Flnan¢lal Advltl¢s For the year endSn9 31 D8comb8r 2021 For Ihe year from 01 January 2021 to 31 Decembar 2021 NOTE fvnd• fufftds totslfvthjs Incomln9 r8sowces Inr Total
Unrestricted Designated Restricted Endowment This year Last year
Note 3
Resources used
Cost of generating funds
2201 - Mission expenses 358 — — — 358 475
1720 - Stewardship campaign expenses — — — — — 168
1730 - Fund raising expenses 608 — — — 608 460
Cost of generating funds Totals 967 — — — 967 1,103
Grants
1830 - Giving to overseas missions 1,200 — — — 1,200 1,200
1850 - Giving to home missions 1,490 — — — 1,490 1,590
Grants Totals 2,690 — — — 2,690 2,790
Activities directly relating to the work of the Church
1851 - Messy Church 17 — — — 17 44
1910 - Diocesan Pledge [prev. Quota] 50,112 — — — 50,112 57,600
2001 - Assistant staff expenses — — — — — 123
2050 - Salaries 4,482 — — — 4,482 4,395
2101 - Incumbents expenses 460 — — — 460 616
2160 - Parish training and resources — — — — — 25
2180 - Outreach expenses 215 — — — 215 3,809
2330 - Church maintenance 10,387 — — — 10,387 6,654
2340 - Upkeep of services & organ 14,318 — — — 14,318 6,797
2350 - Upkeep of churchyard 1,552 — — — 1,552 612
2360 - Sundry expenses 299 — — — 299 1,328
2370 - Professional Fees etc. 2,514 — — — 2,514 1,322
2400 - Expenses of weddings & 1,001 — — — 1,001 301
funerals
2410 - Church running costs 70 — — — 70 96
2430 - Church running - insurance 3,720 — — — 3,720 3,704
2440 - Church running heat and light 1,775 — — — 1,775 1,906
2520 - Hall misc running costs 30 — — — 30 —
2550 - Hall running - insurance 1,594 — — — 1,594 1,584
2561 - Hall Cost -Misc 586 — — — 586 —
2590 - Hall running - heating & lighting 2,889 — — — 2,889 3,154
2710 - Church major repairs - — — — — — 3,479
installation
2820 - Hall + major repairs - installation [3,312] — — — [3,312] 14,975
Activities directly relating to the 92,716 — — — 92,716 112,533
work of the Church Totals
Church management and administration
2130 - 23 Rickman Hill expenses — 2,005 — — 2,005 2,378
2145 - Sundry administrative expenses 40 — — — 40 164
2310 - Stationery postage telephone 1,607 — — — 1,607 1,714
Church management and 1,647 2,005 — — 3,653 4,257
administration Totals
Resources used Grand totals 98,022 2,005 — — 100,027 120,684
There may be minor discrepancies in the totals if the pence are not being shown
**----- End of picture text -----**
**Page 13** **PCC of St Andrew, Coulsdon - Trustees Report and Financial Accounts 2021** 140TESTOTHE FIM4NaALSTATEMEfiT5 1¢on￿ny¢￿) 4 INVESThIENTS Quoted Investments M8rkel value at 1 January 2021 Assets liquidisgd Gains realiwd In 2021 Revaluation galnslDossesl Market Valua at 31 D8cemb8r2021 2021 2020 35,50S 282,432 15,949 246,926 Th85• ￿n￿Stm&n￿ 8r8 h8ldby Dft)c¥s8n Trusts8$ beh8ifoftts PCC.. lh8 PCC fthwsan ethi¢8finveslmentmli¢y. 5 FIXED ASSETS HELD FOR THE PCC'S OWN USE Freehold Land & 8ulldlngs At Valuatk>n Equlpment At Cost Total Cost or valuatlon at 1 January 2021 Additions Disposals al 31 December 2021 at 1 January 2021 Charge for the year Disposa18 at 31 De¢emter 2021 at 1 January 2021 8t 31 December 2021 600,000 4.157 604,157 600,000 4,157 4,157 604,157 4,157 D•pr•ci3tion 4,157 4.157 600.000 Net book value 600,000 FreehOIdL8￿& Bullthgs st Andrews Church hall. y￿U8110￿ ufllls8dls th8 re4nstatem&nt ctsst 8s recommended by the PCC'S Insur8rw Comp8ny1£500,000). 23 fftckman Hlll. Estsm8teil value in use in 19PStty Ihe PCG (£9￿,(￿0). operty was purch8s&d foruse by thg Cur*e el StAnthw$. T1￿ is ¢on&derably urJdery*ueLI. b) 6 DEBTORS 2021 2020 Tax recoverable on Gift Olhers 500 1,400 1,400 7 CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals 2021 2020 1.205 7.014 B STAFF COSTS 2021 2020 Salarfes 4,482 4.482 4,395 4.395 DuriThJ Ihe y88r lh8 PCC ￿nPloya0 1 person P020..11. did rK)t earn £60.000 pa or more. 9 TRANSACTIONS WITH PCC MEMBERS Thwe we no dis(losable Iransa¢tion5 In r8sp8Ct of PCC Mam￿r5(Tr￿t885l. p8rson8 dos81y connected ￿1h th orother r8lat8d parties except for one person who ¥￿5 employed to administw the Church office at £4,482. There no wision or other benefits. Apart from thi5 no trustee reimbursed any personal 8%98￿ ifKL¥rad by them for 58rvlces ￿￿¥￿Ied on behalf of the Cmrth. One trusl8e donated £124 to a Restricted lund12020 £5￿1. The tot81 amount of donalons received by the thurch from the Tru5tee5 during lh8 period wa5 £12.34812020- £16.579]. 10 PROFESSIONAL FEES 2021 2020 lThJ8pèndent examination f88 834 834 PCC of St Andrew. Coulsdon- Trust￿ Rowl and Flnan¢lal A¢¢ounts 2021 Page 14 ## **NOTES TO THE FINANCIAL STATEMENTS (continued)** |**11 FUND DETAILS & MOVEMENTS**
**2021**
a) **Unrestricted funds**
**£**
i)
_General Reserve_
Balance 1/1/21
243,626
Add incoming resources
103,102
Deduct outgoing resources
[98,022]
Gains/Losses on investments
35,505
Transfer to Hall Fund
[3,345]
Transfer to Rickman Hill Fund
[3,000]
**Balance at 31/12/21**
**277,867**
ii) _Church Hall Fund (to cover repairs/renewals for the Church Hall)_
Balance 1/1/21
[6,881]
Net transfer (to)/from General Reserve
3,345
**Balance at 31/12/21**
**[3,536]**
iii) _Building Fund (to cover major works to Church buildings)_
Balance 1/1/21
11,340
**Balance 31/12/21**
**11,340**
iv) _Property Revaluation Reserve - 23 Rickman Hill and Church hall_
Balance 1/1/21
600,000
**Balance 31/12/21**
**600,000**
**Total Unrestricted Funds**
**885,671**
**b) Restricted Funds**
ii) _West Window Fund_
2019
Balance 1/1/21
6,875
Donations
2,655
**Balance 31/12/21**
**9,530**
**Total Restricted Funds**
**9,530**
**c) Designated Funds**
i)
_Rickman Hill fund_
Balance 1/1/21
3,000
Expenditure
[2,006]
Transfer from General Reserve
3,000
**Balance 31/12/21**
**3,994**
ii) _Choir fund_
Balance 1/1/21
**-**
Donation
1,002
Income
219
**Balance 31/12/21**
**1,221**
iii) _Whiskin Flower Fund_
Balance 1/1/21
**-**
Donation
125
**Balance 31/12/21**
**125**
**Total Designated Funds**
**5,340**
**TOTAL FUNDS**
**900,541**|**2021**
**£**
243,626
103,102
[98,022]
35,505
[3,345]
[3,000]|**2020**
**£**
240,038
96,384
[120,684]
15,949
14,938
[3,000]| |---|---|---| |||**243,626**| |||| ||[6,881]
3,345|8,057
[14,938]| |||**[6,881]**| |||11,340| |||**11,340**| |||600,000| |||**600,000**| |||| |||**848,085**| ||2019
6,875
2,655
**9,530**
**9,530**
3,000
[2,006]
3,000
**3,994**
**-**
1,002
219
**1,221**
**-**
125
**125**
**5,340**
**900,541**|| |||6,250
625| |||**6,875**| |||| |||**6,875**| |||3,000
**-**
3,000| |||**3,000**| |||-
-
-| |||-| |||-
-| |||-| |||| |||**3,000**| |||| |||**857,959**| **PCC of St Andrew, Coulsdon - Trustees Report and Financial Accounts 2021** **Page 15** ## **NOTES TO THE FINANCIAL STATEMENTS (continued)** ## **12 BUILDING FUND** _The Building Fund is an unrestricted fund of the PCC holding funds set aside for future maintenance of the church building. The last Quinquennial Inspection was undertaken in May 2018 A programme of work is being undertaken as a result of the inspection._ ## **13 ANALYSIS OF NET ASSETS BY FUND** |**13**|**ANALYSIS OF NET ASSETS BY FUND**||||||| |---|---|---|---|---|---|---|---| |||**Unrestricted**
**Designated **||**Restricted**|**Total**||| |||**Funds**
**Fund**||**Funds**|||| |||**£**||**£**|**£**||| ||Fixed assets|882,432|0|0|882,432||| ||Current assets|4,444|5,340|9,530|19,314||| |||886,876|5,340|9,530|901,746||| ||Current liabilities|[1,205]|0|0|[1,205]||| ||**Fund balances**|**885,671**|**5,340**|**9,530**|**900,541**||| |**14**|**APPEALS & GRANTS**|**Appeals**|||**Total**||**Total**| |||**and**|**Donations**||**2021**||**2020**| |||**(Authorised by PCC)**|**(Not Authorised by**||**PCC)**||| ||**_Grants_**|**£**||**£**|**£**|**£**|| ||**Overseas**
**[Total 1,200]**||||||| ||Barnabas fund|250||-|250||-| ||Five Talents UK|250||-|250||-| ||Medicine Sans Frontieres|200||-|200||200| ||Smile (Transforms a life)|100||-|100||100| ||Tear Fund (Against Poverty)|200||-|200||100| ||USPG (Mission)|100||-|100||100| ||Zimbabwe (Southwark Diocese Link)|100||-|100||200| ||**At Home**
**[Total 1,490]**||||||| ||CDI -Croydon Drop In for young people|100||-|100||-| ||Church Army|150||-|150||150| ||Domestic Violence Bromley and Croydon Women’s Aid|100||-|100||100| ||Jigsaw 4U|100||-|100||-| ||Night Watch|150||-|150||200| ||Orpheus Centre|100||-|100||200| ||Refugee Centre|250||-|250||250| ||Renew Wellbeing|100||-|100||-| ||Samaritans of Croydon|100||-|100||100| ||Sutton and Croydon M.S Therapy Centre|90||-|90||90| ||Welcare|250||-|250||100| ||The Children's Society|-||-|-||400| ||Christian Aid|-||-|-||500| ||British Legion|-||92|92||-| ||Crib Services|-||988|988||-| ||Carol Service Emerald Court|-||80|80||-| ||Messy church|-||115|115||-| ||Bishops Lent Appeal|-||73|73||-| ||Pam GB Funeral|-||59|59||-| ||Pet Service|-||119|119||-| ||_Net figures_|**2,690**||**1,526**|**4,216**||**2,790**| ||_Funded by_||||||| ||Special Collections|||1,526|1,526||0| ||Missionary Grants|2,690|||2,690||2,790| |||**2,690**||**1,526**|**4,216**||**2,790**| ## **15 CAPITAL COMMITMENTS** _There were no capital commitments at 31st December 2021 (2020: nil)._ **PCC of St Andrew, Coulsdon - Trustees Report and Financial Accounts 2021** **Page 16** NOTE 16 Staternent of Financial Activities [comparative] For the year ending 31 Decembèr 2020 St. Andrevls Church, Coulsdon Statoment of Financial Activities For the period from 01 January 2020 to 31 D•c•mbor 2020 Unrestri¢ted fvnds Deslgnat8d R8strlGt8d nds fund5 Total fund$ . rostated Incoming l*SOllfCOS Inc￿ from doncrfs. inve5trnents and PCC a￿￿e5 Conated income Income froffj PCC a¢bvltie$ I￿eStr￿ent incotne Incomin9 resour¢es fvom charIts￿8 athti88 oth8rln(x)mkng re￿umS Youlh Group Agency coll8ckn￿ 63,695 6,1TO 23.746 64,320 6,170 23,746 1,425 1,426 Total Incom• 96,384 625 97.009 Cost of gengraling fvrKI$ Cost of generati￿ voluntary in¢£¥r& Fundralslng tradhg costofgoods sok1 and other costs Grants Actwbles direcuy relating to the work of Church Chur0* management and atlminis¢t811Dn 475 475 168 460 2.79) 112,5&3 4.257 2,790 112,533 4257 Total expenditure 120.684 120.684 Net ineome I l¢yp•nditLThI r•s¢)ur¢•$ Wor• tran$f•r [24.300] 625 123.675] Gros5 trdnsfEr5 befvfftnfund$- in Gross tr8nsfers betbV88n fvnds- out 3.OCM) t6.0(KJl 3,000 3.lYJO 13.(M)OJ 9.LXJO Otherretognisedgalns Ilosses Gain5 1 losse5 on investrnènt assèts Gains on revaluabon, fix¢d assets, ch8rfty* own use 15.949 15,949 Ne¢ mov•m•rf In lunds 111,3501 3.000 625 tT,7251 R￿On¢11{st1On offunds Tolal furKI8 brought forward 859.435 $.249 841,940 Totsl funds carr￿d forward 848.085 3.0￿) 6.874 857.959 PCC of St Andrgw. Coulsdon - Trust•os Roport and Flnancial ￿(AcCoUnts 2021 P•#• 17