RECISTERED CHARITY NUMBER:1134848 ort of the Trustees and Unaudited Financial S ements for the Year Ended 31 December 2021 for t Andrews & St Bartholomew's Church Louise Newman & Co Ltd 2 Bath Mews Bath Parade Cheltenham Gloucestershire GL53 7HL
St Andrews & St Bartholomew's Church Contcnts of the Financial Statements foi. the Year Ended 31 December 2021 Page Report of the Trustees Independent Examinees Report Statement of Financial Activities 10 Balante Sheet Notes to the Financial Statements 12 Detailed Statement of Financial Activities 17-21
St. Andrew'5 and St. Bartholomew's, Churchdown Address: The Church Office St. Andrew's Church Statlon Road Churchdown Gloucester GL3 2JT Church administrator: Mrs Loraine Yates Tel.. 01452 712154 Email.. admin@Stastb.church Office holders during the year: Vlcar: Rev Canon Jonathan Perkin Ito June 20211 Church Wardens: Mr Andrew Smith (from Apr 20191 Mr Nigel Roe Ifrom Oct 20201 Treasurer.. Miss Rachel Limbrick Bankers: National Westminster Bank plc CCLA Investment Management Ltd. 21 Eastgate Street (The CBF Church of England Funds) Gloucester 80 Cheapside GL1 1NY London EC2V 6DZ Independent Examiner: Loulse Newman & Co Ltd 2 8ath Mew5 Bath Parade Cheltenham GL53 7HL The PCC became a registered charity 1134848 wth the Charity Commlsslon on 11 March 2010. A. Overview The village of Churchdown lies midway between Cheltenham alld Gloucester in the diocese of Gloucester. The Parish of St Andrew's and St 8artholomew's consists of the eastern part of the village and has two churches- the larger church of St Andrew'5 built in 1904 roughly in the middle of the parish and the small ancient pilgrim church of St Bartholomew's on the top of Chosen Hill. The parish has about 1,800 household5 comprising approximately 4,200 resldents. It Ss estimated that Slxty five percent of members attending reside in Churchdown with many other5 coming from nearby. The two churches, hereafter just called the Church. exist for public benefit in the advancement of Christiarb faith by proclaTming the Gospel and working to address the needs of many, prlmarily within the Parish but also in the wider community. Originator of financial statement: Miss Rachel Limbrick ITrea5urerl Page 2
St. Andrew's and St. Bartholomew's. Churchdown B. structure. Governance and Management The Parochial Church Council IPCCI is a corporate body established with ex-officio and elected members in accordance with the Church Representation Rules of the Church of England. There are no ex.officio or appointed members of the PCC who are not trustees. Trustees as registered in 2021 (attendance figures in bracketsl: Position Attendance lincludin8 online) 313 718 818 718 818 718 618 818 318 212 012 112 112 212 212 718 018 618 718 818 818 616 516 416 416 212 416 518 Ex-officio: Rev. Jonathan Perkin Mr Nigel Roe Mr Andrew Smith Mr Gareth Davies Mr Gordon Goodman Ms Lesley Ward Mr Steven Riddlck Mlss Rachel Llmbrlck Rev Dave Keeper Mrs Christina Ca5trofilippo Mrs Denise Daly Mr Christopher Porter Mr Ben Geeson Mr Robert Capon Mr John Varley Mrs Celia Anderson Ms Jo Jo Lei Mrs Marilyn Baldwin Mr Tim Door Mr Thomas Nhachi Mrs Moira Perrin Mrs Rachael Champness Mrs Lynda Britton Mr David Fisher Mrs Jane Pringle Mrs Sue Rothwell Mr Jeremy Taylor Mrs Leslle Dennish Vicar and Chair of PCC until June 21 Churchwarden from Oct 2020 Churchwarden from Apr 2019 Deanery Synod from April 2014 Deanery Synod from April 2017 Deanery Synod from Oct 2020 Deanery Synod from Oct 2020 Treasurer from Aprll 2016 Co-opted from June 2021 PCC to April 2021 PCC to April 2021 PCC to April 2021 PCC to April 2021 PCC to April 2021 PCC to April 2021 PCC from April 2019 PCC from April 2019 PCC from October 2020 PCC from October 2020 PCC from October 2020 PCC from October 2020 PCC from April 2021 PCC from April 2021 PCC from April 2021 PCC from April 2021 PCC from April 2021-retlred Sept 11 PCC from April 2021 PCC Secretary from April 2018 Elected: In attendance There were 384 person5 on the electoral roll as at 31st December 2021 1381 December 20201 Retruitment and appolntment to the Parochlal Church Councll The PCC has twelve elected members In addition to those ex-officio or appointed members and is chaired by the vicar who has the casting vote. Election takes place at the Annual Parochlal Church Meetlng IAPCMI of church members on the parochial Electoral Roll and elected members Serve for 3 years before Standing down Ibut are eligible for re-election for a further 3 years after 1 year has elapsed). Only lay person5 are eligible for election. PCC members are indefflnified agalnst personal liability by the Ecclesiastical Insurance Office plc. The Diocese charges the PCC with: working with the Vicar to promote in the parish the whole mission of the Church: pastoral, evangelistic, social and ecumenical., consulting with the vicar on matters of general concern and importance to the parish., consideration and discussion of matters concerning the Church of England or any other matters of religious or public interest. making known and putting Into effect any provision made by the Diocesan Synod or the Deanery Synod but wthout prejLfdice to the powers of the PCC on any partlcular matter,. and giving advice to the Diocesan Synod and the Deanery Synod on matter5 referred to It and raising such matters as the PCC consider approprlate wlth them
St. Andrew's and St. Bartholomew's, Churchdown Churchwardens The two Churchwardens are elected annually at the Annual Meeting of Parishloners wlth the consent of the vicar and are responsible for the care of the fabric and content5 of the church and for wellbeing, and order. They are licensed for thi5 purpose by the bishop, to whom they are ultimately responsible and are unpaid in that role. In discharging their duties, the churchwarden5 met regularly wth the vicar before the interregnum. Thereafter they have met the Archdeacon and other diocesan staff as well as regularly with each other. Church IAini5try People are appointed from the clergy, the paid staff, and volunteers to take responsibility for the various ministrles of the church. These people are responsible for the overall admlnistratlon of thelr mlnistry and ministry workers, primarily volunteers, who conduct the many and varied tasks looking after the church activities, buildings, church centre and the people of the parish and members of the church further afield. They receive direction from the PCC and request resources and funding f rom the PCC. Budget holders provide a requested budget each October for the following calendar year and have the responsibility for expenditure within the allocated budget wth the proviso that any item, or total of similar items. exceeding £500 must have specific PCC approval whether or not it is in the budget Management of Church Business The PCC met 8 tlmes during 2021 and saw its role primarily in the formulation, approval and review of strategy, policy and pr(Kedures, together vrith detailed financial scrutiry, including aqreeing the annual budget. Formal mTnutes are taken of the decisions made. The weekly staff meeting conduct5 day-to-day management and is chaired by the vicar or churchwarden and attended by the two churchwardens, when available, the curate if appointed, paid members of staff including youth and children's pastors, the facilities coordinator, communications coordinator, church administrator, discipleship pastor, worship pastor and occasionally the verger. Other5 are invited to attend when appropriate. Management of rlsks A full risk assessment for the church had been prepared. Obviously in 2021 we faced additional major risks due to Covid. Over 50 measures were taken to mitigate risks arising from Covid and these were regularly reviewed against government, CofE and scientific rule5, advice, and guideline5. Other risks were deemed to be the same as in previous years namely* in no particular order: Financial Malfeasance Imea5ure5 to circumvent outlined in later section entitled Accounting Policies). issues of Health and Safety lincluding management of Fire Risk in the Church and Church Centre premises at St Andrew's and within the church of St Bartholomew'sl. issues around Child Protection. and also, risk5 associated with failure adequately to maintaTn the fabric of the two churches and to provide premlses suitable for the churches, activities. Health and Safety and Fire A 5Ultably quallfled person, Phll Klng, remains as Health and Safety (H & 51 Officer to the parish and the Facilitles Coordinator act5 as Fire Offlcer. The digltal fire alami system in the centre is regularly tested and serviced every 6 months by ADT. The appropriately identified and illuminated designated fire exits were checked regularly,. key personnel were trained in the agreed fire exit procedures. Fire extinguishers (with appropriate properties) are sited throughout the entire premises Ichurch and Centrel and are tested annually by approved agents. Flre evacuatlon procedures are made available to all Centre users including those hldng the Hall or other facilities. The gas supply and installations (boiler and kitchenl were inspected regularly and certified. The electrlcal system and emergency lighting was maintained in accordance with best practice wilh monthly flash tests and annual full check. All electrlcal equipment in the Church Centre is checked in accordance with current legislation by an appointed responsible qualified person. Safeguarding of Chlldren and Vulnerable Adult5 The current polTCy was reviewed during the year against the latest CofE guideline5 and adopted by the PCC. There has been a significant increase in numbers of volunteers completing safeguarding training and all issues are handled based on the policy. There is a nominated Children and Vulnerable Adults Safeguarding Officer, Lesley Ward, whose contact details are prominently displayed.
St. Andrew's and St. Bartholomew's, Churchdown Malntenance of the fabrlc of the two churches and the St Andrew's Church Centre Regular maintenance of both churche5 and the centre facilitie5 was done throughout 2021 wlth Inspections and testing In accordance with current regulations. There were no major failures of equipment although the Centre boiler Is givlnq rlse for concern. A rolllng programme contlnues to reduce electrlcity costs by changlng appropriate lighting to LED5 and installing PIR5 to limit the time of lighting unoccupied rooms such as the toilets. Insured Rlsks During 2021 there were no claims on our insurers, Ecclesiastical Insurance OffTce plc. C. St Andrew's and St. Bartholomew's Church Developments As live streaming continued to be crucial for many in the congregation to connect with the church and its worshlp equipment was enhanced and the technical teams were relocated to a new platformed area within St Andrew's. D. The Church Wardens, report on the year 2021 Two issues dominated the year, the continued and varylng Impact of Covfd and the church famlly sayfng goodbye to Jonathan and Su5ie and entering into an interregnum in June. Throughout the year church life was impacted by Covid. However, the extent it impacted was greatly reduced through the live streaming project, the Connect Groups and the Pastoral Team. The activity of many going beyond that which could reasonably be expected has ensured that people within the congregation have felt Involved, connected and pastorally cared for. Connect groups continued and even flourished using zoom, meeting in church facilities rather than homes and adapting in many other ways. Pastoral Support has included the provision of over 2(M) meals, shopping for others and care for neighbours. Daily thoughts were shared on You Tube throughout the Lent period and these were appreciated by many. Our Children's and Youth Work were able to start 'meeting In person, again. albeit somewhat tentatively. Covid had an impact on those able and wishing to volunteer. The introduction of intergenerational services once a month sought to ease thi5 pressure. In the autumn we saw the numbers in our children's and youth groups increase. Many people took on extra responsibilities during the interregnum. A Parish Profile was developed and aqreed wlth Bishop Rachel. This helped to encourage a strong shortlist of applicant5 to become our new vicar. The reformed Computer Team completed an update of the website. Attention then moved on to developlng 'ChurchSulte' as the main channel for church communication. A special mention is needed of our retired clergy - wthout their willlngness and availablllty we would not have been able to provide for marriages, funera15 and the regular Sunday and tnid-week servlces. We thank you for 'coming out of retlrement. to meet our needs. In 2021, there were 6 Baptisms, 9 Marriages and 31 Funerals.
St. Andrew's and St. Bartholomew's, Churchdown E. Misslon Partners The church continued to provide support by prayer and financial giving to its mission partners throughout the year. Mission giving is overseen by the Mission Team, a sub-committee of the PCC. The Mission Team allocates money from the tithTng (approximately 10% of general voluntary income glven to the Church that is not given specifically for other purp05es1 and special gifts encouraged by holding a special Mission orientated Sunday. A specific legacy and some individual glfts in 2021 also increased the total given to £29,202. The giving was approved by the PCC. In maklng its declslons the Mission Team Primarily supports charities that are either overtly Christian or known to be run by Christians, wlth the exceptlon of some local organisations Divides the giving between locallnational and over5ea5 Ensures that a variety of needs are met - relief aid. promoting the Christian faith, working with those In need Gives particular emphasis to those charitable activities linked to members of the congfegation Financial Givin 2021 Angel Tree Prison wnini5try Christian Action Gloucester City MissTon Gloucester Theology School Listening Post Open Doors Samaritan's Purse Seurr Sang ida (Kenya) TEARFund TIC+ Gloucestershire Action for Refugees and Asylum Seekers The Worshlp Foundatlon Church Mlssion Soclety - Guatemala Open Air Campaigners - Albani Wycliffe Bible Translator5 Coverdale Trust Afrlcan Inland Church . Kenya Albanian Evangellcal Misslon European Christian Mi55ion UCCF.. The Christian Unions Ugandan Christian University
St. Andrew's and St. Bartholomew's, Churchdown F. Plans for 2022 To restore more elements of church life, post-covid. Welcome our new vicar and his family Support Ukrainian refugees with church families Agree an improved policy for our financial re5erve5 We should be optimistic for 2022 as we come out of Covid restrictions, look forward to welcoming a new vicar and his family and see the kingdom of God grow in Churchdown and beyond. G. Accounting Conventions and Standards The PCC Is aware of Chority Commission publication CC8- Internal Financial Contro15 for Charitles. 1. Accounting Pollcies See notes after the Statement of Financial Activities. 2. Management of Investments All endowments and restricted funds are invested with bodies approved by the Chr(h of England as being 5111table for the protection of resources and provision of an adequate return on capltal. 3. PCC Reserves Pollcy There are sufficient re5erve5 to cover at least 3 months of staff remuneration and essential outgoings and meet all current anticipated expenditure. 4. Finance Committee A small working group, consisting of the Vicar, the Treasurer and the two Churchwardens together with four church members, meets as necessary to 5uppori the Treasurer and deal with urgent financial issues. 5. Financial Management The Treasurer is an unpaid volunteer who is supported by two Assistant Treasurers employed part time to keep the books and provide computer a55lSted support to the Treasurer and PCC. This has continued to work well and has enabled the Treasurer lo gain a far better appreciation of the current and future state of the church's finances. She reports to each PCC meeting. co-ordinating the budget for the year and conducting other financial studies as required. The A5515tant Treasurers are given further Iraining as necessary. An annual budget is prepared each autumn for the forthcoming year and approved by the PCC. 6. Approval of Expendlture & Flnancial Controls: a. Most payments of expenditure are now made electronically and thus only one slgnature Is required on all cheques. However, the online banking security cards are limlted to only those requlred, and all expenditure approved by the relevant person or one of the churthwardens. b. All reimbursed expenditure to employees and others is reviewed by the Treasurer or Assistant Treasurers following authorisation by the relevant person and reimbursed as in 'a' above. c. Cash handling procedures generally require two lunrelatedl persons to count cash received and record it prior to its being banked by the Assistant Treasurer. The Assistant Treasurers maintain a record of cash received and bank 5tatement5 reconciled on a weekly basis. d. Individuals are authorised to spend thin their approved budgets but any items of a capital nature in excess of £500 require the initial approval of the Finance Committee and subsequent endorsement by the PCC. e. The approval of changes to the remuneration of staff or the engagement of new staff requires the Scrutiny of the Finance Committee and the subsequent endorsement of the PCC. f. Gift Aid reclamations to the H M Revenue and Customs are submitted at regular intervals. g. Onward giving by the church Iknown as Mission givingl is coordinated by the Mission team and brought to the PCC for detailed approval.
St. Andrew's and St. Bartholomew's, Churchdown H. Remuneratfjon The stipend of the Vlcar Is provlded from Dlocesan funds. The Church employed thlrteen full and part time paid staff IAdmini5trator, Children'5 Pastor, Children'5 worker, Discipleship Pastor, Asslstant Treasurer5, Caretaker, Youth Pastor, Verger, Discipleship Pastor, Facilitie5 Coordinator, Communication Coordinator and Creative Pastorl. Certain professional services were paid for as required le.g. grass cuttingl. In addition, the church gratefully acknowledges the vltal contribution made by many unpaid volunteers. .1, Review of Financial Activities and Affair5 Under the Charities Act 2014, the PCC Accounts incorporate the activlties of all groups under its auspices. PCC funds are also segregated Into unrestricted Ifor use at PCC dlscretlon) and restricted (where the donor has specified its usel. The overall income for the year decreased from £469k in 2020 to £379k in 2021. However during Z020 we received approx. E134k for the Courtyard project. Removing the courtyard contributlon from the total 2020 income would have given rise to Income of E335k. As such, the like for like increase In Income from 2021 is approx. E44k11335k 2020 compared to £379k in 20211 Of the £379k Income, £341k was for Unrestricted use, wth the remaining £37. sk being allocated to Restrlcted & Endowment projects. The overall expenditure for the year increased from £362k in 2020 to £397k in 2021, an increase of 9.67% or £35k. The increase in expenditure is largely due to an increase in employee cost5. Of the E397k expenditure, C338k was for Unrestricted use, with the remaining £60k being allocated to Restricted project5. The 2021 accounts have recorded a deficit of Elok. The budget for 2021 was set with a deficit of approx. £55k. The income budget was set at £339k with the total income received being £379k. The expenditure budget was set at £394k with total expenditure being £397k. The Church investments generated a net gain of £7.6k for the year compared to a net gain of E3.4k in 2010. As last year, the PCC contlnued to glve money to others. Some £36,887 was glven to mlssions and charities and other Institutions and Individuals. This is in line with our Mission guldelines. The mission giving includes funds that were received from a legacy. The parish share for the year was £83,301. This was the same amount as for 2020. However. the amount for 2022 will rise to £87,744.
St. Andrew'5 and St. Bartholomew's, Churchdown nde endeiil w. IllleT'S Re St Barlholoi Ihe'fru51¢ ¢S Cliiircli Iependent eynmln¢r's report to ¢ho Iruste¢s of Si Andreivs & St BHrlholoincw'5 clirCI7 I rgpod lo the chatily In151ecs ot) iny ¢xamiiiation ofihe accounis of Si Aiiifr¢ws & Si B4r¢holomeWs aiurch {Ilie Tnist) for Ilie year ended 31 Deeunber 2021. Respon$lbllllle$ ba515 of report As Ihc Charity Iriisice% ofilie Triisi you aro responsible for Iho pr¢paraiion of thc aecounts accordfjnce wilh the requi¥¢m¢nis of Ihe Cliariiie5 Act 2011 I'th¢ Aei,). I rcporl in rcspect of iY exaiiiiiialioii of tlie'l'rvst¥ uccouiiis carried out linder scetitsn 145 of Ihc Act in crtnying oiil Iny ¢xlli))Inaiion I li&ve followed all npplicdblc Dircclions givfn by the Charity Cominission undci. so¢tion 143(51{bl of ilie Act. Indopendenl exnmlner's stofein¢nt SIKC yoiir cliai'ily's gross iiieoiii¢ cxcccded £250.000 your ¢¥ainiiicr Inust be a IncLnb¢r ora listcd body. I can cojifinn ihol l gulliifwd to undcriake lh¢ ¢xamiiintion be1C I sin a r¢gisicTed ineinber of FCCA ivliitli is of Ihc listed bodies. I have ¢oi)Ipl¥i¢d Jiiy ex)Ininaiion. I confiriii thai no niAierial Iiiallcrs have come to my aiienlioii in conneeiion with ihe ¢xBIMithJtion giving Inc ca115c lo bclicv¢ Il)ai in Any iiialcrial r¢spe¢i'. aceouniiiig rccords ivere not k¢pi in respeet of lh¢ Trust ax required by se¢tion 130 ofihe Act; oi. Ihc Rccounls do nol accord wiill 11105e records. ok. thc accoiinls do not coinply wzili the applicible Irquircmciils conc¢iMiiig Ilie fonTI and Conieni of a¢¢ounis set out in ili¢ Chorilies (Accouiits and Repottsl Regulatlons 2008 oihcrthon anyrcquircinenl that the Rccouiitsgive a Iru¢ and fair view which 15 nol a maii¢r considered J5 parl of an iiidependenl exa1Inall0. I have no Concerns gnd havttcoiiie across oilwr iknaltcr5 in conne¢lioi1 wilh Ihe exaininalion to whi¢h aiieiiiioii sliould be drawn in this report IX Order to ¢Tbable o proper understanding of ihe ac¢oiinls to bc reached. Loui Newman FCCA Louise NewmllTh & Co Ild 2 Ba¢h Mew5 Batli P41Yd¢ Gloucestershire GI53 7HL Dul¢'.
St. Andrew's and St. Bartholomew's, Churchdown St Andrews & St Bartholomew's Chuwh Statement of Financial Activities for the Year Ended 31 December 2021 31.12.21 Total funds 31.12.20 Total funds Unrestricted fund Restricted fund Endowment fund Note% INCOMING RESOURCES FROM V(Trluntary In¢omtr Grants Incotne froin Charitable Activities Activities for geii¢rating funds Investinent income 316,024 32.540 348.564 442,722 1,500 5,374 16,628 9,729 15,489 76 239 3,733 9.968 19,222 1.634 479 Totlll 341,318 37.591 479 379,388 468,587 EXPBNDJTURE ON Fundraising and Trading Support Costs Chariiable Activities Payment to Diocese 8.597 220.419 25,508 3,936 25.904 29.784 12,533 246,323 55,292 83,301 8,830 230,886 38,606 Total 337.825 59,624 397,449 361,623 Net gaiDS on inveslm¢nts 3,443 NET INCOMEI{EXPENDITUKE) 3,493 (16,7421 2,842 {10,407) 110,407 Transfers betiveen funds 13 16 657) 479) Net movement In funds (13.164) 394 2,363 (10,4071 110,407 RECONCILIATION OF FUNDS TotAI funds brought foi'ward 159,202 844.248 16,527 1,019,977 909,570 TOTAL FUNDS CARRIED FORWARD 146038 844.642 18.890 1.009.570 1,019,977 10
St. Andrew's and St. Bartholomew's, Churchdown St Andrews & St Bartholomews Church Balanc¢ Sheet 31 December 2021 31.12.21 Total funds 31.12.20 Total funds Unrestricted fund Restricted fund Endowment fund Notes FIXED ASSETS Tangible assets Investments 44,013 765,800 42,278 809,813 831.604 44,013 808,078 18,890 870.981 885,117 CURRENT ASSETS Stocks Debtors and accTued income Prepayments Cash at bank and in hand 1,479 4,533 4,153 102 752 1,479 4,S33 4,153 154.316 1,881 865 3,888 154,488 10 10 112,917 51,564 164,481 161,122 CREDITORS Amounts falling due within one year {10.892) (10,892) (11,262) NET CURRENT ASSETS 102025 153 589 149860 TOTAL ASSETS LESS CURRENT LIABILITIES 146,038 859,642 18,890 1,024,570 1,034,977 CREDITORS Amount5 falling due aft¢r tnor¢ than one year 12 (15,0001 (15,000) (15,000) NET ASSETS 146,038 844,642 1009 570 1019.977 FUNDS Unrestricted funds Restricted funds Endowment funds 13 146,038 844,642 159,202 844,248 TOTAL FUNDS 1,009,570 1,019,977 The financial statements were approved by the Board of TTUStees on . by.. and wer¢ signed on its behalf Trust Trustee
St. Andrew's and St. Bartholomew's, Churchdown mew's Church St Andr¢w5 & Si Barthol Notes to the Financial Statements for th¢ Year Ended 31 December 2021 ACCOUNTING POLICIES BasTS of preparing the finaneial statements The financial sialements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing iheir accounts in accordance with the Financial Reporting Standai'd applicable in the UK and Republic of Ireland {FRS 102) (effective l January 20191,, Financial Repoiling Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the ChaTlties Act 201 l. The financial statemertts liave been prepaird uiider the historical cost convention, wilh the exception of investn)ents which are included at Inarket value. Income All income is Tecognised its the Statement of Financial Activities once the charity ha5 entitlement to the funds, it is probable Ihat the income will be received and the amount can be Tneasured reliably. Expeiiditllre Liabilities are recognised as expenditure as soon as there is a l¢gal or con%tru¢tiv¢ obligation committing the charÉty to that expenditure, Èt is probable that a transfer of economic benefits will be required in Settlement and the amount of the obligation can be t)iea5ured reliably. Expenditure 15 accounted for on an accn]als basis and has been classified under headings that aggregate all cost related to the category. Where eosts cannot be directly attributed to paiticular headings they have been allocated to activities on a basis consistent with the use of resources. GTants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrned as expenditure. TJngible fixed assets Depreciation is provided at the following annual rates in order to write off cach asset over its estimated us¢ful life. Freehold property including courtyard @2/0, Fixtures, Fittings and Computer Equipment @ I/(+ Stocks Stocks are valued at the lower of cost and n¢t realisabl¢ value, after making du¢ allowance for obsolet¢ and slow moving it¢m5. Taxation Th¢ charity is exempt from tax on its ¢haritabl¢ activities. Fund accounting Unrestricted funds can be used in ac¢ordanc¢ with the charitable objectives at the discretion of the trust¢¢s. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and PUTPQ5¢ of each fund is included in th¢ notes to the financial stat¢m¢nts. Notes to the Accounts VOLUNTARY INCOME 31.12.21 31.12.20 Unrestricted 273,338 29.923 5.000 Restricted 747 4.101 5.244 22,448 Total 274,085 34,024 10,244 22,448 6,832 931 348,564 Total 277.992 24,975 80 134.533 4,047 095 442,722 Planned Giving One Off Donations Legacies Courtyard Donations Miscellaneou5 Income Collections during services Total 6,832 931 316,024 32,S40 12
St. Andrew's and St. Bartholomew'5, Churchdown St Andrews & St Bartholomew's Chuwh Notes lo the Financial Siatemenls- continued for the Year Ended 31 December 2021 ACTIVITES FOR GENERATING FUNDS 31.12.21 31.12.20 Coffee Shop Friday's Kitchen Tizidcraft Stall Fe¢s 648 398 3,223 3,733 16.628 INVESTMENT INCOME 31.12.21 31.12.20 Interest receivable 2,363 SUPPORT COSTS 31.12.21 31.12.20 Support costs 246 323 230 886 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneralion or other benefits for th¢ year et)ded 31 December 2021 nor for the year ended 31 December 2020. Trustecs, expenses There were no trustees, expenses paid for the year ended 31 ember 2021 nor for the year ended 31 December 2020. STAFF COSTS The average monthly number of employees during the year w05 as follows-. 31.12.21 13 31.12.20 12 Number of staff No employees received emoluinents in ex¢e5s of £60,000. 7. TANGIBLE FIXED ASSETS Land Freehold Property FixtllT¢S & Fittings Courtyard Computer Equipment Totals COST At l January 2021 Additions Ai 31 December 2021 5,978 984,059 114,881 176,631 1,167 177,798 67,904 8,027 75,931 1,349,453 9,194 1,358,647 5,978 984,059 114,881 DEPRECIATION At l January 2021 Charge for year At 31 December 2021 370,608 19,551 390,159 86,820 3,542 90,362 1,344 4,552 5,896 59,077 3,340 62,417 517,849 30,985 548,834 NET BOOK VALUE At 31 December 2021 At 31 December 2020 5,978 5.978 593,900 613.451 24.519 28.061 171,902 175,287 13,514 8,827 809,813 831,604
St. Andrew's and St. Bartholomew's, Churchdown St Andrews & St Bartholomew's Church Notes to the Financial Statements- continued foi" the Year Ended 31 December 2021 FIXED ASSET INVESTMENTS Listed investments MARKET VALUE At l January 2021 Revaluations 53,514 NET BOOK VALUE At 31 December 2021 At 31 Deeember 2020 There were no investment assets outside the UK. STOCKS 31.12.21 31.12.20 Stock5 - Traidcraft 1,881 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.21 31.12.20 Debtors & Aecrued Ineome Prepayments 4,533 4,153 865 3,888 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.21 31.12.20 Trad¢ creditors Taxation and social security Other creditors 3.271 2,931 1.644 2,866 14
St. Andrew's and St. Bartholomew's. Churchdown artholomew's Church St Andrews & St Notes to the Financial Statements- continued for the Year Ended 31 December 2021 12. CREDITORS: AMOUNTS FALLING DUE A wfER MORE THAN ONE YEAR 31.12.21 31.12.20 Other creditors- Loans falling due between two and four years 15,000 15.000 13. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 31.12.21 At 1.1.21 Unrestricted funds General fund 159,202 3.493 (16.657) 146,038 Restricted funds Restricted 844,248 (16,7421 17,136 844.642 Endowment fund5 Endowment 16,527 2,842 (479) 18,890 TOTAL FUNDS 1,019.977 10,407) 1,009.570 Net movement in funds. included in the above are as follow5.. In¢omin r¢50urces R¢sour¢es expended Gains and losses Movement in funds Unrestrlcted funds General fund 341,318 {337,825} 3,493 Rcstrieted funds Resiricted 37,591 (59,624) 5291 (16.742) Endowment funds Endowment 479 2,363 2,842 TOTAL FUNDS 379,388 (397,449) 7,654 (10.407) 15
St. Andrew's and St. Bartholomew's, Churchdown 14. RELATED PARTY DISCLOSURES There were three relaied party transactions for the year ended 31 December 2021, however these had no personal benefit. 16
St. Andrew's and St. Bartholomew's, Churchdown St Andrews & Si Bartholomew's Church Detailed Statement of Financsal Activities for the Year Ended 31 Deccmbcr 2 31.12.21 31.12.20 INCOME AND ENDOWMENTS Volunlwry Incorne Donations Grants 348,564 442,722 348,564 444,222 ActiYitie5 for generating funds Coffee Shop rriday's Kitchen Traidcraft Stall Fee5 648 398 3,223 3,733 19,222 16,628 Investment income Interest receivable 1,634 2,363 Incoming resourees from eliaritable activltles Church Centre Hire Ministry Activities (see note 15) 5,154 2,717 Tot81 incolning resources EXPF.NDITURE Fundr8ising tr8ding: tost of goods $old #nd other costs Coffee Sliop Exps Friday's Kit¢hen Traidcraft Stall Purchases Expenses Against Fees 683 355 3,034 3.936 Charitable activities Grants to institutions Ministry Activities (see note 151 36,887 18,405 22,732 15,874 Other Resources Expended Payment to Diocese 83,301 83,301 17
St. Andrew's and St. Bartholomew's, Churchdown St Andrews & St Bartholomew's Church Detailed Statement of Financial Aciivities for the Year Ended 31 Decembei. 2021 31.12.21 31.12.20 Support costs St Andrew'$- Running Expenses Rates and water InsuratJc¢ Light and h¢at Repairs & Maintenance Caretaker Cleaning Grounds Maintenance Other Running Expenses Fixtures & Fittings Depn Church Centre Depn Courtyard Depn 252 2,627 9,402 2,725 3.150 9,422 3,996 3,796 6,882 19.551 4.552 401 2,597 6,937 4,745 2,911 7,080 1,885 4,635 6.134 19.551 1.344 66,355 S8,220 St Bartholomew's- Rllnnlng Expenses Jnsuranee Light and heal Repairs & Maintenance Churchyard Maintenance Cottage Running Expenses 1,583 2,177 1,076 9,591 1,565 119 340 7,865 1&756 11,233 Support & Admin C05t5 Salaries Cost of S¢rvic¢s Telephone Postage and statlgnery Sundries Subscriptions Professional Fees IT Costs Architect & Professional fees 151.975 2.355 833 1,651 3,903 337 854 591 143 143,770 2,095 2,565 1,018 629 275 5,795 162,642 159,863 Governance costs Accountancy 1,570 1,570 Total Support Costs 246J23 230,886 Total Re$ources Exp¢i)ded 397,449 361,623 Realised reeogthised gaiiis and 105ses Realised gainsl(losses) on fixed asset investments 7,654 3,443 Net irteomel(expenditure) (10,407) 110,407
St. Andrew's and St. Bartholomew's, Churchdown St Andiew5 & St Bariholomew's Church Detailed Statement of Financial Activities for the Year Ended 31 December 2021 Note 15. Ministry Activitte5 31.12.21 31.12.20 Ministry Activities Income Aduli Youth Alpha Away Weekend Children Cameo 1,366 3,141 3,266 989 68 239 406 713 Total Ineome MÈnigtry Actfftvities Expenditure Adult Youth Alpha Away Weekend Children Cameo 10,702 5,140 5.031 1,525 2,193 370 8,659 659 Total Expenditllre Net Ministry Aetivities 19
St. Andrew's and St. Bartholomew's. Churchdown Note 16 Speeific Fund5 Balance 31.12.21 Bal#rtee 31.12.20 Transfer In£orne Eypendit ure valuatio Permanent Endoivm¢nts Si. Bartholomew's Churchyard 698 CBF Income Shares 14,315 (415) 415 2,048 16,363 St. Andrew's Church Centre & Ground5 108 CBF Income Shares 2212 (64) 64 315 2,527 Endowment Fund Totol DepreciHtiiig A55et Fund St. A Trdrew's Church Cenlre Courtyard Depreciating Assct Fund Total Restricted St. Bartholomew's Maintenance (Fabric} 301 CBF Shares St. Andrew's Maintenance {Fabri¢) 112 CBF Shares St. Bartholomew's Repair & Maintenance (Anon) 1128 CBF Shares Witcomb Trust Sunday Sch(>(Trl 144 CBF Shares 16,S27 (479) 479 2J63 18,890 613,449 175,286 788,735 19,551 593,898 171,902 76S,800 1.167 1,167 24,103 6.167 975 7,142 2,294 {68} 68 352 2,646 25,575 (745) 745 3,542 29,117 2,950 {86) 86 422 3,372 36,986 (1,079) 1.079 5,291 42,277 Current A55e15 Si. Bartholomew'5 Restoration Project St. BarthgloInew'5 Tower Fund (Bell ringers) St Bartholomew's Restricted Funds 6,704 6,704 4,911 4,354 4,560 2,312 254 9,730 157 4,911 3,928 4,560 2.312 254 160 586 Friends of St. Bartholomew's, Churchyard St Bartholomew's Bells Project St Bartholomew's Ctstta8e Courtyard Traidcraft St Andrews Coffte Shop Friday's Kitchen Mis510ll {4.045) 275 22,448 3,733 1,288 4,036 26,845 129 20,818 8,384 239 29,202 370 Cameo 544 413 Reviye Mission Day Oi'dinands Fund 1.548 36,S12 39 1,509 51,565 33,526 15,000 844,248 17,048 3S,S21 Loan - Courtyard Restricted Total 17,136 37,591 S9,624 5,291 844,642 20