2021-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Mary, Cheadle

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Incumbent:		Rev Dr Robert S Munro	Rev Dr Robert S Munro	Rev Dr Robert S Munro	Rev Dr Robert S Munro
		The Rectory
		1 Depleach	Road
		Cheadle
		Cheshire
		SK8 1DZ
Parish Office:		The Upper Room
		11 Wilmslow	Road
		Cheadle
		Cheshire
		SK8 1DW
Bankers:		CAF Bank Ltd
		25 Kings Hill	Avenue
		Kings Hill
		West Mailing
		Kent
		ME194JQ
		Natiorlal Westminster			Bank
		34 High Street
		Cheadle
		Cheshire
		SK81AF
		CCLA Investment		Management		Ltd
		HSBC
		Senator House
		85 Queen Victoria		Street
		London
		EC4N 4TR
Independent	Examiner:	Eric Langer
		Langer & Co
		8-10Gatley Road
		Cheadle
		SK81PY

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BALANCE	SH	EET A	S AT 31	DECEMBER	2021
						2021	2020
				St Mary's	St Cuthbert's	Total	Tota I
			Note	6	6
Fixed Assets
Tangible Assets				401,076	340,552	741,628	787,286
Investments				1,361		1,361	1,160
				402,437	340,552	742,989	788,446
Current Assets
Stock				270		270	270
Debtors				18,556	18,476	37,032	58,581
Inter-Church				20,782	(20,782)
Short term deposits				20,845		20,845	20,834
Cash at bank and	in hand			156,563	64,998	221,561	271,758
Total Current Assets				217,016	62,692	279,708	351,443
Llsbllltles: amounts		falling
due within one	year		8	(19,380)	(3,812)	(23,192)	(73,285)
Net Current Assets				197,636	58,880	256,516	278,158
Llsbllltles: amounts		falling
due after more	than	one
year				(34,001)		(34,001)	(37,111)
Net Assets				566,072	399,432	965,504	1,029,493
Funds
Unrestncted				343,348	309,679	653,027	694,179
Restricted				222,724	89,753	312,477	335,314
Total Funds				566,072	399,432	965,504	1,029.493

CASH FLOW STATEMENT FOR THE YEAR	CASH FLOW STATEMENT FOR THE YEAR	CASH FLOW STATEMENT FOR THE YEAR	ENDED	31DECEMBER	2021
				2021	2020
				E	5
Cash flows from Operating Activities
Net Cash Provided by Operating Activities as shown below			A	(29,450)	154,891
Cash Flows from Investing Actlvltles
Interest Received				3,476	2,751
Purchase of Property, Plant 8 Equipment				(21,238)	(2,695)
Purchase of Investments
Net Cash Provided by Investing	Actlvltles			(17,762)	56
Cash Flows from Flnanclng Actlvltles
Repayment of Amounts Borrowed				(2,974)	(2,839)
Net Cash Provided by Flnanclng	Actlvltles			(2,974)	(2839)
			A+8+
Overall Cash Provided by all Activities			C	(50,186)	152,108
Reconclllatlon of net Income to	net cash flow
from operating actlvltles
Net income as shown in the Statement		of Financial		(63,989)	81,517
Activities
Adjustments for
Depreciation charges				66,893	64,650
Net unrealised losses on investment	assets			(201)	(107)
Dividends, interest and rents from	investments			(3,476)	(2,751)
Decrease in stocks					640
Decrease in debtors				21,550	(27,040)
Decrease in creditors, excluding loans				(50,229)	37,982
Net cash provided by operating	actlvltles		A	(29,450)	154.891

	INCOMING RESOURCES	(cotmwoso)
	2020	St Mary's	2020	St Cuthbert's	2020
		UR	R	UR		2020
						f
2a	Donations and Legacies
	Planned Giving	364,768	128,150	111,381		604,299
	Unplanned giving	13,905	4,001	783		18,689
	Grant income	16,994	26,773	642	5,900	50,309
	Legacies	2,000	37,117			39,117
		397,667	196,041	112,806	5,900	712,414
2b	Charitable Activities
	Fees received	13,440		362		13,802
	Caf6	27,676		2,007		29,683
	Houseparty contributions
	Income from church
	activities	4,817		383		5,200
		45,933		2,752		48,685
2c	Investments
	Upper Room/Church	hire
	income	2,402				2,402
	Property Rental	223				223
	Bank Interest receivable
	Increase ln value on	89		38		127
	Investment account	107				107
		2,821		38		2,859
2d	Other
	Insurance Claim	1,508				1,508
		1,508				1,508
	TOTAL INCOMING
	RESOURCES	447,929	196,041	115,596	5,900	765,466

INCOMING RESOURCES	INCOMING RESOURCES	INCOMING RESOURCES
	2021		St Fiery's	2021	St Cuthbert's	2021
			UR	R	UR		2021
			5	6
2a	Donations and Legacies
	Planned Giving		320,085	3,001	104,953		428,039
	Unplanned giving		42,712	11,917	10,291		64,920
	Grant income		16,335	12,625	2,000	104	31,064
	Legacies		1,000				1,000
			380,132	27,543	117,244	104	525,023
2b	Charitable Activities
	Fees received		9570		905		10,475
	Caf0		34,784				34,784
	Houseparty contributions		3,805				3,805
	Income from church
	activities		3,537	572	411		4,520
			51,696	572	1,316		53,584
2c	Investments
	Upper Room/Church	hire
	income		2,981		150		3,131
	Property Rental		224				224
	Bank interest receivable
	Increase in value on		50		71		121
	investment account		201				201
			3,456		221		3,677
2d	Other
	Insurance Claim
	TOTAL INCOMING
	RESOURCES		435,284	28,115	118,781	104	582,284 .

				St Mary's	2021	St Cuthbert's		Totals
				UR	R	UR	2021	2020
3a						5
	Raising	Funds
	Thanksgiving		Campaign	214			214	307
	Mortgage	interest		1,293			1,293	1,458
				1,507			1,507	1,765

	2021				St Mary's	2021	St Cuthbert's	2021
					UR	R	UR		2021
					E	5	E	E
	Charitable
3b	ActIYItfes
	Resources -	Maintenance			25,347	10,596	20,420	104	56,467
	Resources- Utilities				36,727		13,462		50,189
	Children and Youth				652		333		988
	Discipleship				1,019		195		1,214
	Evangelism Age)	(including		3'"	4,299		940		5,239
	Ministry (Including		parish
	share and ministry salaries)				155,987	1,019	74,818		231,824
	Social and Community				396	550	286		1,232
	Worship				8,238	960	6,583		15,781
	Mission				38,271		9,582		47,853
	Finance and	Admln			84,862	109	1,956		86,927
	Cafe				54,835	9,169			64,004
	Houseparty				7,588		200		7,788
	Pastoral				119	4,735	577		5,431
	Capital expenditure				579				579
	Depreciation				5,059	12,230	38,026	11,581	66,896
	Governance	costs			1,618		736		2,354
	Subtotal				425,596	39,371	168,114	11,685	644,766
	TOTAL RESOURCES				427,103	39,371	168,114	11,685	646,273
	EXPENDED
	NET				8,181	(11,256)	(49,333)	(11,581)	(63,989)
	INCOME/OUTGOING
	RESOURCES
	Included In	the above
	are; Independent				1,472		736		2,208
	Examination	fee
	Other fees paid to
	Independent	Examiner
					1,472		736		2,208

	2020				St Mary's 2020	St Mary's 2020	St Cuthbert's	St Cuthbert's	2020
					UR	R	UR			2020
					6		6
	Charitable
3b	Activities
	Resources - Maintenance				18,890	5,907	38,445			63,242
	Resources-	Utilities			39,662		11,094			50,756
	Children and Youth				3,868		137			4,005
	Discipleship				1,539	28				1,567
	Evangelism	(including		3'"
	Age)				4,014	3,014	372			7,400
	Ministry (Including		parish
	share and ministry
	salaries)				165,768	5,687	78,902			250,357
	Social and Community				787		423			1,210
	Worship				5,717	1,47'I	2,251			9,439
	Mission				57,582	153	13,155			70,890
	Finance and	Admin			82,585		4,094			86,679
	Cafe				39,940	16,668	1,765			58,373
	Houseparty				29					29
	Pastor'al				581	4,306			5,900	10,787
	Capital expenditure					520				520
	Depreciation				5,059	9,984	38,026		11,581	64,650
	Governance	costs			1,480		800			2,280
	Subtotal				427,501	47,738	189,464	17,481		682,184
	TOTAL RESOURCES EXPENDED				429,266	47,738	189,464	17,481		683,949
	NET INCOME/OUTGOING				18,663	148,303	(73,868)	(11,581)		81,517
	RESOURCES
	Included In the above
	are;
	Independent Examination	fee			1,480		800			2,280
	Other fees paid to
	Independent	Examiner
					1,490		800			2,280

					St Mary' s	St Mary' s	St	Cuthbert's
	2021				UR	R	UR		R	2021
					f	f		f	6	5
	Salaries, benefit		&
	pension costs
	Gross Salary			131,092		13,359	14,739			159,190
	Employers	national		3,696		-	214			3,910
	insurance
	Employers	pension		3,586			371			3,597
	Total			138,374		13,359	15,324			167,057
				St	Mary' s		St Cuthbert's
2020				UR		R	UR			2020
				f		5	5
Salaries, benefit		&
pension costs
Gross	Salary			129,716		27,739	18,273			175,728
Employers national				5,801		229	577			6,607
insurance
Employers pension				3,951		185	495			4,631
Total				139,468		28,153	19,345			186,966

	FIXED ASSETS
		Freehold land & buildings	Freehold land &	Equipment and furniture		Equipment and furniture	Total
		5't Mal'y s	buildings St	St Mary'	s	St Cuthbert's
			Cuthbert's
		f			f		f
	Cost as at 1 .1.21	411,959	1,053,045	329,316		83,463	1,877,783
	Additions			21,238			21,238
	Dlsposals
	Cost as at 31.12.21	411,959	1,053,045	350,554		83,463	1,899,021
Depreciation as at 1.1.21		28,632	669,589	315,516		76,760	1,090,497
Charge for the year		7,158	47,552	10,131		2,055	66,896
	Dispose la
Depreciation as at 31.12.21		35,790	717,141	325,647		78,815	1,157,393
Net book value as at 1.1.21		383327	383456	13BQQ		6,703	787,286
Net book	value as at 31.12.21	376,169	335,904	24,907		4,648	741,628
	FIXED ASSET INVESTMENTS
		2021		2020
				f
Market Value at1.1.21		1,160		1,053
	Additions at Cost
	Dlsposals at Value
	Revaluation	201		107
	Cost as at 31.12.21	1,361		1,160
Investments	at Market Value	2021		2020
	Comprised
CBF Church of England		1,361		1,160
	Fund
		1,361		1,160

7.	DEBTORS
							2021	2020
	Income tax recoverable			St		Marys	12,479	30,887
	Income tax recoverable			St		Cuthberts	17,594	17,645
	Prepayments		- St Cuthberts				882	881
	Prepayments		—St Marys				5,507	2,844
	Other debtors		—St Marys				570	6,324
							37,032	58,581
	INTER CHURCH
	Owing from St Cuthbert's				to St Marys		20.782
	Owing from St Marys to			St		Cuthbert's		686
							20.782	686
8.	CREDITORS
							2021f	2020f
	Accruals	St Marys					15,708	24,809
	Accruals	St Cuthbert's					3,812	16,024
	PAYE/NI							1,213
	Pensions						698	801
	Deferred	Income St Marys						27,600
	Loan						2,974	2,838
							23,192	73,285

		Incoming
Restricted Funds	As at 01.01.21	Resource s	Resources Expended	Transfer s	As at 31.12.21
Held by St Marys
Donations from Trusts	60	120	(180)
Special Collections and Donations Children and Youth Work Church Fabric Upper Room Development	424 8,112 217	7,344 7,575	(5,265) (753) (217)		2,503 6,822 8,112
AV Project	1,433		(1,163)		270
Arts Ministry		572	(550)		22
Warren avenue Legacy Bells PCC Projects CJRS Grants	62,123 36,611 125,000	12,504	(6,602) (45) (12,092) (12,504)		55,521 36,566 112,908
Subtotal St Marys	233,980	28,115	(39,371)		222,724
Held by St Cuthbert's
4 Cuthbert Rd Development CJRS Grants	101,334	104	(11,581) (104)		89,753
Sub total St Cuthbert's	101,334	104	(11,685)		89,753
Total Restricted Funds	335,314	28,219	(51,056)		312,477
Unrestricted Funds
Held by St Marys
Designated Property Designated Upper room	268,798 226		(113)		268,798 113
Designated Upper Room Cafe	224	427	(216)		435
Designated church & churchyard	12,559		(1,503)		11,056
General	53,360	434,857	(425,271)		62,946
Sub total St Marys	335,167	435,284	(427,103)		343,348
Held by St Cuthbert's
Designated- Property Designated- Building Extension General Fund	103,736 180,128 75,148	2,000 116,781	(1,736) (37,890) (128,488)		102,000 144,238 63,44'I
Sub total	359,012	118,781	(168,114)		309,679
Total Unrestricted Funds	694,179	554,065	(595,217)		653,027
TOTAL FUNDS	1,029,493	582,284	(646,273)		965,504