2021-12-31-accounts

Report ofthe Trustees			1	to	3
Independent Esandner's	Report
Statement ofVinanebal	Activities
Balance Sheet
Cash Flow Statement
lVotrs to the Cnsh Plow	Statement
I%utes to the trtnandat Statements			9	to	16
Detailed Ststtunent of Ftnauclat		Activities	17	lo	18

						31.12.21	31.12.20
				Unresmloted		Total	Total
				foods		funds	Smds
IÃcoMRAND RNDovvMRNTs		FRQM				6
Donsdons end logsoies			2	15'7,323	100
Invesbuent income Other income			3	1,548 ~257 163		1,548 ~257 163	1426 ~147147
Tohd				416,034	100	416,134	277809
EXPRNDITIIRR ON
Raising ftmds
Raising docstione md Oker trading activities	legacies			299,720 3531	15,190	314910 ~331	287,440
				303~1	15,190	318,441	287,440
Charitable acttvtttcs
independent exsminet's Produsicmsl feos	fees			3,660 5388		3,660 5/88	3,660 3,725
Total				312,199	15,190	327389	294,825
NETIbICOIVIS/(80IPEND~				103,835	(I5,090)	88,745	O6PI 6)
Trsnsfens betvreea funds			14	323	(323)
Distribution offunds					(93,057)	(93,057)
Net movement ln fends				104,158	(108,470)	(4,312)	(16916)
RECONCIIIATION	OFFUNDS
Total feeds brought fortvard				357,183	833,877	1,191,060	1,207,976
				461 341	725,407	~1186748	~II91060

31Ilectsrtbcr 202	1
					31,tL21	31.1220
			lftuestrl cQ	ttcssrlctcd	Total	Total
				fund	ibad s	1'urubi
		Nates
IrtXKty ASSETS Tunpible asseta btricsht tcats		1D 11	4„822 9.84%	725,407	730;229 9,841	740~7 ~609
			14&fr63'		740,O70
CIlRkaV TASSSTS Dqbtota 'Coah a't bepk snd irrlipnd		12	2L537 ~466 1'		23,537 ~466 531	19,575 ~495 'l5D
			490,068		490;068	534,725
CREDIT()Itt3 ktttouotsDtibng	duewhhincue3rtss	13.	(4339D1		'(43,390)	&72471)
74LtT~ASSE1$			~446 67
TOTAL ASSPTS, LLrSS CURRENT LIABILH[ES.			461/41	725,407	1 186,748	1,193.060
'NB[ ASSETS			~st 61'34'i	725,407	~186.748	~191060
PIJPtDS
UhrcstilctCd' fuudsr Qcrnant 'fend					461,341	357„183
Rcsttictcd funttn OtSan 1und					122407.
'HYfAL					~tt 86.748	~tt91.060

Chelsea Old Church
Parochial Church Conceit
Cash Flow Statement
for thc Year Ended 31December 2021
						31.12.21	31.12.20
					Notes
Cash flows from operating		acdvides
Cash gcncratcd from operations						69218	2.224
Nct cash provided by opcratmg acuvities						693)8	2,224
Cash Bows from Invcsdng		activities
Purchase oftangible feted	assets					(6,028)
Church Organ Interest received						(300) I 548	(39034) ~126
Net cash used in invesling	activities						~38208)
Cash flows from financing		activities
Distri)notion et(ands						~93057)
Nct cusb (used in)/provided		by financing		activities		~93,057)
Change in tnrsh snd cash	equivalents		In	thc
repott tag p'eriod						(28,619)	(35384)
Cnsb nnd cash eqnivalents		at thc beginning			of
Ihe rcpotting period						495,150	531,134
Cash aad cash cquivalcnts		at tbe end	of the
reporting period						466,531	~495 150

forth	e Ymr Ended 31December 2021	e Ymr Ended 31December 2021	e Ymr Ended 31December 2021
	RECONCI1.IATION OFNET EXPENDITURE TO NET CASH FLOW FROlVI			OPERATING
	ACTIYITIES
				31.12.21	31.12.20
	Net expenditure for the reporting Activities)		period (as pcr the Statemeut ofFiaaucial	(4,312)	(16.916)
	Ad)ustments for:
	Dcptcctation charges			16,396	400
	Distnbetiou ol feuds			93,05.7
	interest received (Jncrease3rdecren se	in debtors		(1,548) (3,712)	(1,326) 1.683
	(Dccrntsc)/mcresse	in creditors		~30.663)	18.383
	Net cash provided	by operations		69.218	2,224
2.	ANALYSIS OF CHANGES IN NET FUftDS
			At 1 1.21	Caslt Qosv	At 31 1221
	Net cash
	Cash at ban)t and iu	)tend	495,150	(28,619)	466,531
			495,150	(28,619)	466,531
	Total		495,150	~(28 619)	466.531

2.	DONATIONS		AND LEG	ACIES
							31,122]	31,1220
					Unrestricted	Resirided	To(el	Total
					fuods	tuads	fuods	funds
	Planacd giving		and collecttons		99,583		99.583	72,856
	Donations, Giik		income and Legacies		28475		28375	33,721
	Gilt aid Donations for	Organ Fund			29,165		29,165 100	20,449 ~2410
					157,323	100	157,423	129,436
3.	INVESTMENT		INCOME
							31.. 1.221	31.12.20
					Unrestricted	Rcsteteted	Total	Total
					funds	funds	fuuds	funds
					f		f
	Deposit account		hrieresl		~l548		1,548	1326
4.	RAISING DONATIONS			AND LEGACIES
							31.12.21	31.12.20
					Unrestricted	Restricted	Total	Total
					fuuds	I'unde	funds	funds
					f		f
	Staifcosts				65,610		65,610	69,224
	Insurance				6,400		6,400	6,523
	Entertainment.	snd hospitality			102		102	2,305
	Missionary aad		charitable	giving	3,500		34tH	5, 100
	Diocesan parish		contnbution		96,127		96,127	124,370
	Church running		costs		13,416		13,416	9,289
	Church A. Hall	maintenance			18,752		18,752	14,442
	Music costs				56,721		56,721	22.503
	Sanctaary expcnscs				2,013		2.013
	Prtlltiltg and admlnistmtlon				9,154		9 154	7,669
	Bank charges				687		687	677
	Verger expenses				23,139		23,139	22,244
	Vtc sr expousea				1,565		1,563	2,694
	Sundry expenses				1,328		1,328
	Depreciation				L206	15,190	16,396
					299,720	15,190	314,910	287,440
5.	OTHER TRADING ACFIVITIES
							31.12.21	31.12.20
					Unrestricted	Restricted	Total	Total
					funds	fundsf	fitnds	funds
	Management fees (1'1strental)				3,531		~353 I

			Support
			costs
			f.
Independent	cxamincr's	fees	3,660
Professional	fccs		5,288

STAFF COSTS
				31,12Zt	31.12.20
				6
Wages and salaries Social security costs Other pension costs				64318 1,092	66,566 1,320 ~1338
				65 6'10	~69 224
Tbc average monthly	nurubcr ofemployees	durutg	thc year was as lollows;
				31.12.21	31.12.20
Staff				4	4

for tb	e Year Ended 31Dccsraber 2021	e Year Ended 31Dccsraber 2021
	COMPARATIVES FOR THE STATEMENT		OFFINANCIAL	ACTIVITIES FOR	2020
				Unrestricted	Restricted	Total
				fimds	tuled	funds
				f
	INCOME AND ENDOWMENTS FROM
	Donstioos snd legacies			127,026	2,410	129,436
	Investonnit income			1,326		1,326
	Otttcr income			147,147		147,147
	Total			275,499	2,410	277,009
	EXPENDITURE ON
	Raisiag fuads
	Rmsing donations snd	legsoics		~287 040	400	287440
				287,040
	Charitable activities
	lndcpcndent cxsmiocr's	fein		3,660		3,660
	Professional foes			3725		3,725
	Total			294.425	400	294;825
	NET INCOME/(EXPENDITURE)			(18.926)	2,010	(16,916)
	RECONCILIATION	OF FUN DS
	'fatal funde brought fortvard			376,109	831,867	1,207,976
	TOTAL FUNDS CARRIED FORWARD			357 183	833,877	~1,191060
10.	TANCIEI.EI'IXED ASSETS
					Fextiircs
				Churrh	sod
				Organ f	fittings E	Totals
	COST
	At I Jnaumy 2021 Additions			739,497 300	2„000 6,028	741,497 ~628
	Ar 31 December 2021			~731797	8,028	747,825
	DEPRECIATION
	At I January 2021				1300	1200
	C)targe lbr year			14,790	1,606	16396
	At 31 December 2021			14,790	2,806	17,596
	NET BOOK VALUE
	At 31 Deccmbcr 2021			725,007	5322	730329
	At 31 December 2020			~739 497	800	740297
			Page 13			coutinued	.

FIXEDASSETINVESTMENTS
Investmcnt fIxed. assets
Movements in thc year.	31 1221.	31.1220
Ivlarket Value ai. I January 2021		8.055
Purchase a( cost
Disposcl proceeds Revaluation	1,232	554
Market Value iu 31Dcccinbcr 2021	9,841

DEBTORS:	AMOUNTS FALLING DUK	WITHEXI ONE YEAR
					31.12.21	31.1220
					8	f
Trade debtors					15;423	13,556
Gift aid receivable					6,950	6,019
Other debtors					1,164
					23537	19,575
CRKDITORSi AMOUNTS FALLING DUE WITHIN ONK YEAR
					31.12.21	31,1220
						f.
Trade meduors						2.402
Social security aud other taxes Defened inconic					241 15,535	117 49,185
Accrued expenses					27,614	20,867
					43,390	72,571
iMOVEMENF IN FUNDS
				Nei	Transi'ert
			niovcmeni		between	At
		At.1.1.21	in funds		funds	31.1221
				f	f.
Unrestricted	tends
General fund		357,183	103,835		323	461,341
Restricted funds Oigaii Fund		833,877	( I08,I47)		(323)	7~,407
TOTAL FUNDS		1.191,060	~4.312)			1,186,748

			Incotning	Resources	Distribution	MovcIIICnt
			rcsoufccs	expended f	offunds	in funds
Unrestricted	funds
General fund			416.034	(312,199)		]03,835
Restricted funds
Organ Fond			100	(15,190)	(93,0571	(108,147)
TOTAL FUNDS			416,134	f327389)	~93,057)	~4312)
Comparatives	Ior movement	in funds
					Net
					movement	At
				At 1.1.20	in funds	31.12.20
					f
Unrestricted	funds
General fitnd				376,109	(18,926)	357,183
Restricted funds
Organ Fund				831,867	2,010	833,877
TOTALFUNDS				~1207 976	~16,916)	1,191,060

	Incoming	Resources	Movctncnt
	fca0IIIcus f	expended	in funds
Unt tatrtctcd funds
Gcncmt fund	275,499	(294,425)	(18,926)
Restricted funds
OrganFund	2,410	(400)	2,010
TOTAL FUNDS	277.909	~294,825)	~)6,916)

A current yea	r 12months and prior y	ear 12months combine	il positio	n is as follows:
				Nei	Transfers
				moverncnt	between	Ai
		At	1..1.20	in funds	funds	31.12.21
				f.		f.
Unrestricted	funds
General fuud		376,'109		84,909	323	461,341
Restricted funds
Organ Fund		831,867		(106,137)	(323)	725,407
TOTAI FUNDS		1,207.976		~21,228)		1.186,748

		Incomstg	Resources	DiatribuuOn	lvlovcnlcnt
		rcsoul'ccs	espendcd	of I'unds	in funds
Unrestricted	funds
Gcneml fund		691,,533	(606,624)
Rescrtc\cd I'unds
Orgm Fund		2i610	('I5390)	(93,057)	(106,137)
TOTAL FUNDS		694.043	1622214)	~93,057)	~2I,228)

for thc Year Ended 31D	ecember 2021
				31.12.21	31.L2.20
		Unrestricted	Restricted	Total	Total
		funds f	funds	funds	funds
INCOME AND ENDOWMENTS
Danntlons and legacies
Planned giving aud collections		99483		99,583	72,856
Donations, Oig Income and Lcgactcs		28,575		2R575	33,721
Gift aid		29,165		29,165	20,449
Donations 1'orOrgan I'und					2.410
		157.323		157.423	129,436)
Investment income
Deposi Iaccount interest		1,548		1,548	1.326
Other Income
Wcddlng, Funeral and Baptism fees		61,267		61,267	27,379
Bell Ringing		4,190		4,190	480
Music inlx me		31,595		31,595	7,888
Olhcr iacomc		58,040		58,040	83.,650
Pctyt Hall Bookb)gs		]02,071		~102071	27,750
		257,163		257,163	~147 147
Totnl incoming resources		416,034		416,134	277,909
EXPENDITURE
Raising donations and Icgades
Wages		64,518		64,518	G6,566
Social security					1320
Pcuslous		1,092		l,092	1,338
btsurance		6,400		6,400	6423
Eutenalument aod hospitality		102		102	2,305
Missionary aud charitable	gimng	3300		3500	5,100
Diocesan palish contribution		96,127		96,)27	124,370
Church running costs		13,416		13,416	9,289
Church )b Hall maintenance		18,752		18,752	14,442
Music costs		56,721		5G,721	22,503
Sanctuary expenses		2,013		2,013
Ptinting and adminiziratiou		9,154		9,154	7,G69
Bank chmgcs		687		687	677
Verger expenses		23,139		23,139	22244
Vicar cxpenscs		1,565		1,565	2,694
Sundry expenses		1328		1,328
Dcprecialioo Church Orgau Depreciation f)Xtnrea and littinge		~1206	14,790 400	14,790 1,606
		299,720	15,190	314,910	287,440
Other trading acUvltics
Managcmcnt fccs (Flat rental)		3,531		3,531

for the Year E	nded 31D	ecember 2021
					31.12.21	31.12.20
			Unrestricted	Restncted	Total	Total
			ftmds	funds	I'unde	funds
			E		E
Suppose costs
Goverxtaacc	costs
Indcpeudent	cxetuioer's	fees	3,660		3,660	3,660
Pmfessional	fccs		5,288		5,288	3,725
			~8948		8.948	~7385
Total resources	expcndcd		312.199	15.190	327.389	294.825
piet (expenditure)/income			103835	~15.090)	88.745	(16,916)