2021-12-31-accounts

Page[s]	Contents
1-5	Annual Report
	Independent	Examiner's	Report
	Statements	ofFinancial	Activities (including	Income g Expenditure)
	Balance Sheet
	Notes tothe	accounts

			Registered Charity Number	1134793
PCC members		serving at the date this report was approved		are:-
E-Officio Member
lncum bent:			Interregnum
Permission	to	ofliciate:	The Reverend Tony Platts
Readers:			Dr. Paul Giles
			Mrs. Sandra Joyce
Warden s:			Ms. Renu Samuel
			Mr. John Winterbottom
Deputy Wardens			Mrs. Sue Cutler
			Mr. Oliver Phelps
Elected IMembers:			Mrs. Helen Brown
			Mrs. Dawn Davis
			Mrs. Barbara Warren
			Mrs. Judy Stallard
			Mrs. Lynn Penny
			Mr. John Fisher
			Mrs. Betty Atkins
			Mr. David Evans
Deanery Synod:			Mr. Martin Webb
			Mrs. Liz Bland
Co-opted Members:			Mrs. Rachel Wolffsohn	(Hon. Secretary)
			Mr Nigal Rutter (Building Lead)
independent		Examiner	Graham Cook FCA FCMA
			Godfrey Mansell &Co	Chartered	Accountants
			Hales Court
			Halesowen
			B633TT

	Notes		Unrestricted	Restricted	Endowment	Total	Total
Incoming Resources			Funds f	Funds	Funds	2021 f	2020 f
Income and endowments from:-
Voluntary income Activities forgenerating funds Income from investments Income from church activities	2a 2b 2c 2d		80,075 e,s08 12,062 35,776	1,005	87	81,080 6,508 12,149 35,776	78,440 17,802 14,708 41,266
Total Income			134,421	1,005	87	135,513	152,216
Resources Expended
Expenditure on:—
Charitable giving Diocese	3a 3b		6,000 38,000			6,000 38,000	7,590 49,500
Clergy costs Church and churchyard costs	3c 3d		732 219,549	4,871		732 224,420	1,439 44,887
Church centre running costs Investment property costs Administration Total Expenditure	3e 3f 3g		62,457 3,945 17,403 348,086	5,721		62,457 3,945 18,253 353,807	ee,se7 2,736 26,018 198,737
Net gains on investments		14	79,178		429	79,607	4,168
Net income/(expenditure)			{134,487)	(4,716)	516	(138,687)	(42,353)
Net movement in funds			{134,487)	(4,716)	516	(138,687)	(42,353)
Total Funds Brought forward			884,294	3Q,535	4,Q83	918,912	961,265
Total Funds Carried Forward			749,807	25,819	4,599	780,225	918,912

		Notes	2021	2020
			f	f
Fixed Assets
Tangible			399,979	417,378
Freehold investment	property			300,000
investments			?6,148	64,882
			476,127	782,260
Current Assets
Debtors and prepayments		10	17,495	16,196
Short term deposits			464,023	89,690
Cash at bank and in	hand		74,201	70,954
			555,719	176,840
Liabilities
Creditors -Amounts	falling due
within one year			(251,621)	(40,188)
NET CURRENT ASSETS			304,098	136,652
TQTAL ANST$ QSSCVRRKNT LIAQILITIKfii
REPRESENTED BYPARISH FUNDS		12
Unrestricted			749,807	884,294
Restricted			25,819	30,535
Endowment			4,599	4,083

2	INCOME			Unresticted	Restricted	Endowment	Endowment
				Funds	Funds	Funds	2021	2020
2a	Voluntary income					f
	Planned giving
	Covenants and gift aid			38,871			38,871	43,331
	Income Tax recoverable			M,590			10,590	12,894
	Charities Aid Foundation			600			600	1,065
	Other planned giving			4,410			4,410	5,392
	Collections (open plate)			582			582	954
	SundryDonations			6,433			6,433	3,218
	Restoration funds received				1,005		1,005	110
	Legacies			18,589			18,589
	Grants, job retention scheme							11,476
				80,075	1,005		81,080	78,440
2b	Activities forgenerating	funds
	Appeals including lent lunches			2,848			2,848	5,135
	Christmas Fair and other	fund	r	3,660			3,660
	Parish magazine sales							692
	Grants for church activities							11,975
							6,508	17,802
2c	Income from investmemts
	Dividends and similiar income			1,818		87	1,905	1,736
	Bank interest			17			17	170
	Rental income from car park			2,431			2,431	1,863
	Rental income from 3Dower R»			7,796			7,796	10,939
				12,062		87	12,149	14,708
2d	Income from Church Activities
	Church centre lettings			26,132			26,132	25,234
	Church centre donations							491
	Church centre fund raising							3,805
	Church centre grants received			5,231			5,231	6,000
	Church fees {net)			4,413			4,413	5,736
				35,776			35,776	41,266
	TOTAL INCOME			134,421	1,005	87	135,513	152,216

						FORTHE	YEAR ENDED	31DECEMBER	2021
3	EXPENDITURE							Unrestricted	Restricts	E	'.ndowment
								Funds	Funds		Funds	2021	2020
3a	Charitable Giving
	Secular charities							6,000				6,000	7;590
Bb	Diocese
	Diocesan parish	share						38,000				38,000	49,500
3c	Clergy Costs
	Clergy expenses
	Vicarage -water	rates etc						732				732	1,439
								732				732	1,439
Bd	Church and Churchyard			costs
	Church-running	expenses						5,233				5,233	3,757
	Church maintenance							209,686	4,871			214,557	35,631
	Organ repairs												245
	Insurance							4,485				4,'485	4,664
	Upkeep ofservices							145				145	386
	Upkeep ofchurchyard												204
	Professional Fees re		Restoration
								219,549	4,871		-	224,420	44,887
Be	Church Centre
	Running costs							45,058				45,058	47,949
	Depreciation of	building			and equipment			17,399				17,399	18,618
	Equipment expensed
								62,457				62,457	66,567
3f	Investment Property		Costs
	06wef Road-lhsuf'ance,			dtIINe5,		I'ates and	Iepalr5	3,945				3,945	2,736
								3,945				3,945	2,736
Bg	Administration
	Marketing and consultancy							2,910				2,910	2,979
	Cost ofevents							111				111
	Honoraria and salarii		(organs+verger]					7,906				7,906	10,291
	Postage, printing,	stationery						2,757				2,757	2,810
	Church groups							114				114	868
	Music for Children											850	3,967
	Bank charges							21				21	20
	Music Iicences							390				390	581
	Sundries							1,394				1,394	1,498
	Idependent Examiner		and		Legal	Fees		1,800				1,800	3,024
								17,403	850			18,253	26,018
	TOTAL RESOURCES EXPENDED							348,086	5,721		-	353,807	198,737

4	STAFF COSTS			2021
	Wages and salaries			29,994	25,981
	Average number ofemployees-	All Charitable	Activities

	2021	2020	2021		2020
	Number	Number	E	f
Travel		2
Subsistence					22
Accommodation
Other		1	1,278
		4	1,278		22

Tangible fixed ass	ets
		Church Centre	Church and Centre
		Freehold	Equipment	Total
		f	f	f
Cost orvaluation	At 1January 2021	487,869	97,464	585,333
	Additions atcost
	At 31December 2021	487,869	97,464	585,333
Depreciation	At 1January 2021	115,848	52,107	167,955
	Charge foryear	9,757	7,642	17,399
	At 31December 2021	125,605	59,749	185,354
Net book value	At 31December 2021	362,264	37,713	399,979
	At 31December 2020	372,021	45,357	417,378

		2021
Market value at 1January 2021		f
Dividends	reinvested	64,882	59,008
V'aluation	gain	1,818	1,706
Market value at 31December 2021		9,448	4,168
		76,148

12 Funds rec	onc	ilia	tion
				Balance at i					Balance at 31
Unrestricted	funds			January				Gains/	December
				2021	Income	Expenditure	Transfers	Losses	2021
Unrestricted				820,821	130,956	f348,086)	(301,818)		301,873
Church Restoration			Fund				300,000	70,160	370,160
Churchyard				61,897			1,818	9,018	72,733
Organ Repairs				1,076	3,465				4,541
Charity Reserve				500					500
				884,294	134,421	(348,086)	-	79,178	749,807
Restricted funds				Balance at 1st					Balance at 31
				January				Gains/	December
				2021 f	Income	Expenditure F	Transfers f	{Losses) f	2021 f
After servers
Church Restoration			Fund	9,987	1,005	(4,871)			6,121
Messy Church				1,500					1,500
Music For Children				6,008		(850)			5,158
Dementia/Hope		Cafe		12,720					12,720
				30,535	1,605	(5,721)
				4,083	87
					1,092	{5,721)			30,418
Total Funds				918,912	135,513	{353,807)		79,607

Funds reconci	liat	ion
				Balance at	1						Balance at 31
Unrestricted	funds			January						Gains/	December
				2020		Income	Expenditure		Transfers	(Losses)	2020
				f		f			f	f	f
Unrestricted				880,384		120,882	(178,739)		{1,706)		820,821
Churchyard				56,116		100			1,706	3,975	61,897
Organ Repairs				1,075		1					1,076
Charity Reserve				500							500
				938,075		120,983	{178,739)	-	-	3,975	8&4,294
Restricted funds				Balance at	1						Balance at 31
				January						Gains/	December
				2020		Income	Expenditure		Transfers	{Losses)	2020
				f		f	f		f	f	f
Alter servers				320							320
Church Restoration			Fund	10,646		110	{769)				9,987
Messy Church				1,500							1,500
Music ForChildren						9,975	(3,967)				6,008
Dementia/Hope		Cafe		6,918		3,588	(3,786)				6,720
Grant						6,000					6,000
				19,384		19,673	{8,522)				30,535
Endowment										193	4,0&3
				23,190		19,757	(8,522)				34,618
Total Funds				961,265		140,740	(187,261)			4,168	91&,912

				Unresticted	Restricted	Endowment
				funds	funds	funds	Total
					f	f	f
Fixed Assets				472,464		3,663	476,127
Current	Assets			528,964	25,819	936	555,719
Current	Liabilities			(251,621)			(251,621)
Total				749,801	25,819	4,599	78o,225
Comparative		information		in respect ofthe proceeding	period is asfollows:
				Unresticted	Restricted	Endowment
				funds	funds	funds	Total
				f		f	f
Fixed Assets				779,113		3,147	782,260
Current	Assets			145,369	30,535	936	176,840
Current	Liabilities			(40,188)			(40,188)
Total					30,535		918,912
14Gains	and	(Losses) on		Investments
					2021 g	2020f
Gains on Investment			portfolio (note 9)		9,447	4,168
Gain on	disposai ofDower Road (note 8)				70,160
					79,607	4,166