REGISTERED CHARITY NUMBER.. 1135244 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2021 FOR THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT Ford Benlall LLP Chartered Certified Accountants 60 High Street Chobham Surrey GU24 8AA
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Page Report of the Tru8toes Independent Examiner'$ Report Statement of Flnancial Activltle$ 9 to 10 Balan¢& Sheet 11 Note8 to tho Financial Statemgnts 12 to 22 Detallgd Statement of Financlal Actlvltles 23 to 24
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 The Iruslees present their report th the financial slalements ol the charity fof the year ended 31 December 2021. The Iruslees have adopted the provisions of Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo chanlies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ifeland IFRS 1021 leffeclive 1 Janu8ry 20191 Page 1
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 OBJECTIVES AND ACTIVITIES Objectives and aims CHURCHWARDEN'S REPORT FOR 2021 On 6th January 2021, the country went into the third nabonal lockdown in the light against Covid 19, because ol the easy transmission of the Alpha variant. Fortunately, this lime churches were allowed lo stay open and we adjusted our services lo again provide the safest environment for those attending Live-streamin9 of services enabled those unable lo get lo Church to still be part of the Church family and worship together. We allemaled services between the two Churches on Sundays. this made it easièr for the Ministry team lo not have lo split themselves lo cover 2 services every Sunday. By March the Government were planning a re-opening and in early April wlh hospitality venues opening up and by June reslricb'ons on weddings and funerals were abolished In the Parish we reacted with sadness but compte uniyerstanding when our Vicar the Revd Stephen Johnson. announced in May he had found a new job and would be leaving us al the end of August, after 12 years as Vicar. The Churchwardens, including newty elected Kate Bolsover for St Michael's were helped by the Diocese in understanding the prO$S ahead of us in filling the vacancy. Our grateful thanks lo Revd Johnson for working hard lo leave us wth much in place lo continue as nomal without him and lor passing on so much information that we would need when he had left us. Revd Johnson's final service with us was on Sunday 25th July when a whole Parish congregation were able lo enjoy a wonderful party at Sl Michael's and bid him and the family a fond farewell. Over the following months, much work was done by the Churchwardens, supported by the PCC. to produce 2 Parish Profile which would tell our story compellingly ar7d attract the right person to fill the vacancy. We should like lo record our gratitude to Rh(Klri Bowen. the Archdeacon of Berkshire and the Rural Dean, the Revd David Brovln. for all their supwrt over the $t six months of 2021. In November, the first cases ol the Omicron Covid variant were rep)rted and although the county did not go into lockdown, our Christmas services were severely affected by the re-introduction of social distancing and mask wearing. resulting in few numbers attending. The Christmas Eve service al St Michael's was held outside, another rather cold celebration as it had been in 2020. However, the vaccines proved lo make a huge difference and in fact. the Omicrom variant. while very catching. did not cause the serious illness and piessure on the NHS that the early variants had. 11 meant that in early 2022 things started lo return again lo normal and we were very pleased lo welcome people back into church. Both churches continued lo l(x)k to keep our buildings in good iepair. Both St mchael'S and All Souls had their Quinquennial Inspection in 2021 Our thanks to Cliffe Chermside for taking a large chunk of the responsibility for arranging this. We are WOTking on the priorities as idenh.fied in the Report. including fLJrther roof works identified lor Ml Souls. We conlinued to tfevelop good relationships with our Deanery of Bracknell colleagues and a very interesting Gathering was held in October, attended by of the churchwardens. We finish this Report with some brief recognition of the highlights of the year.. On 2nd March the Revd Vusi Mabuza was linsed. Although the cerernony was held on Zoom it added a particular delight in that those on-line were able to m*1 some of Vusi's family in Africa. It Was lovely lo be back in churches for Easter services. Sadly, we lost Some very dear members of Congregation during the year, including David Marshall in February. a PCC memberwho contributed great wisdom and gentleness lo our meets.ngs Fundraising a¢tivibes included a Zoom whisky lasting. a lovely Garden Paty al the home of Andrew and Melanie Trapnell and a very sucSsful Chnstmas Appeal in both chuiches Before he left us, Revcl Johnson worked with Camilla Jarnol. the Mijsic Dlrector of Si Michael's, lo hold two Concerts where the Weslminsler Chamber Orchestra performed At the final conrt, Revd Johnson delighted us by making a final singing performance which was enjoyed by us all. Mrs Jarnol further delighted us with a Cello & Organ Recital held al All Souls The Churchwardens would like lo record our heartfelt gratitude lo all the members of the congregations who have stepped up lo support us and ensure that, even in vacancy, both Churches continue lo offer a wonderful pla of welcome and worship lo our communities We could not have had such a suwessful year wilhoul the hard work and loving leadership of our Ministry lean7 - Revd Sarah Moftimer. Rev Vusi Mabuza, Rev Tim Norman and our LLMS, Mary Nh01S and Mike Francescon. Page 2
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 Kale Bolsover. Vanessa Cummings. Aled Jones. Sar3dra Slansfield Churchwardens of Sunninghill & South Ascot Pallsh. 31 March 2022 Page 3
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 FINANCIAL REVIEY¥ FINANCIAL REVIEW St Michaels and All Angels The church continues lo be reliant on voluntary donations for the majority of ils income. In church cash giving was again 1mpacted by Covid-19 this year. however the church has had SUC5$ In raising the proportion of regular giving through the Parish Giving Scheme A Christmas Appeal was successful in raising additional donations al the end of the year. In addib.on some one off gifts and a legacy bequest were received during the year, which mean our income exceeded that of the prevK>us year Wedding and funerals recovered somewhat from 2020. Some limited fijndiaising was done during 2021. though was sts"Il restricted due to Covid-19, and planning started out lo look for opportunities in this area in 2022 to improve the church's income positiori. Operating costs Increased in 2021 compared to 2020, predominanuy due to the loss of fudough payments, and an Increase in ulFlity costs as the congregation relumed lo worship al the church The church did access some of its investment reseNes through the year as cash reseryes were low. however a strong recovery in investment value ¥neanl that it was able lo maintain reserves at similar levels lo those at the end of 2020. The church had a nel deficit in spend for 2021 and the PCC conb.nues to acb'vely review opportunities foi giving and fundraising after another difficult year. We are extremely grateful lo those who have supported the church through these difficult times. All Souls All Souls fundraising activities were impacted by Covid-19 during 2021. with both the Church Hall and Coffee shop having to be dosed or have reduced operabons for a large part of the year. Unrestricted voluntary donations for the year were reduced from 2020 when a large legacy gift was reTrived bul regular giving continued al similar levels. Unreslricled spend was a similar levels to 2020. Spend against reslricled funds in 2021 was minimal. consisting predominanuy of minor repairs and ¢hurchy3rd maintenance acbvilies. Looking ahead lo 2022, spend on the heating system is planned against restricted funds. Funds As al 31 December 2021 total reserves for All Souls was £450,652, £367.876 of which 15 reslricled as lo the purpose to which the fund can be applied. This leaves unrestn.cted reserves of £36.623 together wtlh further lightly reslricled reserves of £46. 152 that can be used for any ecclesiasb.cal purpose In the parish. Total reserves for Sl Michaels is £166,445. of which £13.591 is restricted The PCC will periodically review the availability of restricted funds and where appropriate advice will be sought lo amend or remove the restrictions where desirable. RESERVES POLICY As recommend by both the Ch2rTty Commission and Church of England guidance the Parochial Church Council has approved a reserves policy in respect of both St Michael's & Ml Angels church and All Souls church, which is lo invest cautiously and wth investments in either M & G Chanfund. CCLA or similar Sl Michaels & Al Angels Page 4
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 The Sl Michaels policy reflects roub.ne church running costs. SerVe costs and cyclical building repairs and maintenance but is not Intended lo cover in full "1 in 100 yearf, items or discrebonary items such as major slruclural repairs or improvements. Such items would be covered as far as possible by grant applicats'ons and fundraising appeals with any shortfall mel from reserves. The approved policy Is ID hold an agrèed level of Investments 8nd Cash in reseprfe land therefore not lo Include these amounts when assessing general expenditure. setting the annual budget or considering any improvement plans 01 special projeclsl The amount held in reserve wll be revisited each year and is based on the most recently available annual accounts. In respect ol the year ended 31 December 2021 this reserve has teen maintained al £100,000 and in setting this figure the following factors were considered. o The age ol the church and its Iisled buil¢ing status. Whilst a number of significant building projects have been completed in the last 3 years, there are sb"Il a number of items identified in the latest quinquennial review and Ihiough discussion with the church's architect. o The level of geneol expenditure incurred in the running of the Church including employee costs and the extent of recent shortfalls o Any money ieceived in advan in respect of the magazine Any commrtled expenditure in respect of office holders and indwiduals who provide services on a contract basis The list of factors to consider will be reviewed each year when the reserves policy and amount is agreed. All Souls The All Souls policy reflects routine church running costs. service costs and cyclical building repairs and maintenance bul is not intended lo cover .1 in 100 yearf, items such as major structural repairs or improvements. The reserve policy is intended lo provide the church with the flexibility lo undertake improvements lo the structure and fabric of the bijilding and lo develop the facilities available as the church continues to grow ancj develop for the future. The approved policy is to hold an agreed level of investments and cash in reserve land therefore not lo include these amounts when assessing general expenditure and setting the annual budgell. The amount held in reserve will be revisited each yeai ancl Is based on the most retlY available annual accounts In respect of the year ended 31 December 2021 this reserve has been sel at no less than six months unreslricled expendilL*re and in setting arriving at this figure the followng factors were considered o The age of the church and its listed building status o The relatively modest level of recent expenditure on maintenance Routine and cyclical maintenance as identified in the lalesl quinquennk81 review and through discussion with the Church's architect o The high level of reslricled funds available for repairs to thè chureh and for the maintenance of Ihe graveyard. o The level of general expenditure incuffed in the running of the Church including employee costs. o Any committed expenditure in respect of Offi holders and individuals who provide services on a contract basis o Any costs associated with improving the structure and fabric of the church as part of meeting the chuich's long-lerm growth and development plans The list of factors lo consider will be reviewed each year when the reseNes policy and amount is agreed. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by rts governing document. a deed of trust and consblutes an unincorporated charity. REFERENCE ANO ADMINISTRATIVE DETAILS Registered Charity number 1135244 Page 5
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT REPORT OF THE TRUSTEES FOR THE YEAR ENOED 31 DECEMBER 2021 Principal address Church Lane Ascot Berkshire SL5 7DD Trustees Rev S Johnson (resigned 3117120211 Mrs M Nichols LLM S Brown lappoinled 1416120211 (resigned 1511112021) R Allen lappoinled 2216120211 M Francescon lappoinled 301512021) Mrs K Bolsover lappjinled 301512021) Mrs E R Francescon (resigned 3015120211 Mrs E Moore Mrs K Bartlett Iresigned 221612021) MrA Jones Ms A Calheya Mrs C Stokes Ms V Cummings Ms M Offord Mr C Chermside Mr D Marshall (resigned 612r20211 Mr S T Richards (resigned 6112120211 Mr A G Trapnell Ms L K McNair MS S Stansfield Ms A Cameron Mr K Thomson Ms F Thomson Independ•nt Examlnor KAFord FCCA Ford Benlall LLP Chartere¢ Cern'fted Awunlanls 60 High Street Chobham Surrey GU24 8AA Advisers Bankers Barclays Bank PLC, Ascot, Berkshire SL5 7JG REFERENCE AND ADMINISTRATIVE DETAILS Registered Chanty number 1135244 Principal address Church Lane Ascot Belkshire SL5 70D Pa9e 6
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 310ECEM8ER 2021 Approved by order of the board of tnjslees on ... lL-- and signed on its behalf by". Ms M Offord - Tru51ee Page 7
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT Independent examinerfs report to the trustees of The Parochlal Church Councll of tho Ecclesiastical Parish of Sunnin9hill and South Ascot I report lo the charity Iruslees on my examination of the accounts of The Parochial Church Council of the Ecclesiastical Parish ol Sunninghill and South Ascot Ilhe Trust) for the year ended 31 December 2021. Responsibilities and basis ot report As the charity Iruslees of the Trust you are responsible for the preparation of th& accounts in accordance with the requirements of the Charities Act 2011 I'the Acri. I report in respect of my examinab'on of the Trusvs accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 14515){bl ol the Act. Indsypendent examlner's statemgnt I have completed my examination I confirm that no material matters have come lo my attention in connection with the examination giving me cause lo believe that in any material speCt.. accounting records were not kepl in respect ol the Trust as required by se¢b'on 130 of the Act, or the accounts do not accord with those records,. or the accounts do not comply with the applicable requirements concerning the form and content of accounts sel out in the Charities (Aecounls and Reports) Regulations 2008 olhef than any requirement that the accounts give a true and lair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection wth th& examination lo which attention should be drawn in this report in order Io enable a proper understanding of the a(xounls lo be reached. KAFor FCCA Ford Beniall Chartered Certified Accountants 60 High Street Chobham Surrey GU24 8AA Dale". Page 8
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOLrrH ASCOT STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021 2021 Total funds Unreslricled funds 2020 Total funds Restn"cled funds Endowrnent funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 136,432 3,775 140.207 178,404 Charitable activities Fees - weddings, funerals elc Other Income Church Hall Income 14,707 10,370 21,479 14,707 10.370 21,479 8,312 11,272 23,333 Other trading activits'es Investment income 34,410 1,268 34.410 13,123 27.241 13,714 11,855 Total 218.666 15.630 234,296 262,276 EXPENDITURE ON Raising funds 33,983 33,985 30,660 Charltable activltl68 Fees weddings, funerals elc Charitable Donations Parish Share Secretarial Expenses Clergy Expenses Church Running Costs Church services Depreciation Children's Work Church repairs Accountancy fees Legal & professional faes Church Hall running expenses Church Hall repairs & maintenance Other Expenses 4,375 278 103,847 15,087 19,297 43,466 4,086 17,608 91 4,201 3,470 4,375 1,341 103,847 15.087 19.297 43,521 4.086 17,608 91 9,282 3,470 7.839 11,083 99,332 14.741 11,493 41,834 1,588 18,254 187 41,592 3,781 2,367 1.063 55 S.081 18.791 16,791 12,927 677 677 2,840 4,597 Total 267.257 9.041 276,298 302,275 Nel gainslllossesl on investments 19.079 46.021 65,100 121,2741 NET INCOMEIIEXPENDITURE) 129,5121 52,610 23,098 161,2731 Transfers betwogn funds 4,926 14.926) Net movement in funds 124.5861 47.684 23,098 161,2731 The notes form part of these financial slalemenls Page 9
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT STATEMENT OF FINANCIAL ACTIVSTIES FOR THE YEAR ENDED 31 DECEMBER 2021 2021 Total funds 2020 Total funds Unrestricted Restncted fvnds ftjnds Endowment funds Notes RECONCILIATION OF FUNDS Total lunds brought fornard 214,154 379,936 594.090 655,363 TOTAL FUNOS CARRIED FORWARD 189,568 427,620 617,188 594,090 The notes fomi part of these financial statements Page 10
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT BALANCE SHEET 310ECEMBER 2021 2021 Total funds 2020 Total funds Unrestricted Reslricled funds funds Endowmenl funds Notes FIXED ASSETS Tangible assets Investments 29.498 107,694 29,498 495,831 46,850 449,485 388,137 137,192 388.137 52S,329 496.335 CURRENT ASSETS Debtors Cash at bank and in hand 23,539 83.75S 23,539 126.396 22,9TI 710,215 42.641 107.294 42.641 149,935 733, 186 CREDITORS Amount$ falling due within one year 154.9181 13,158 {58,0761 (35,431) NET CURRENT ASSETS 52.376 39N83 91,859 97,755 TOTAL ASSETS LESS CURRENT LIABILITIES 189.568 427.620 617.188 594,090 NET ASSETS 189,568 427,620 617,188 594,090 FUNDS Unreslricled funds Reslricled funds 189,568 427,620 214.154 379.936 TOTAL FUNDS 617,168 594,090 The_fjin ncial statements were approved by the Board of Trustees and aulhorisgd for issue on LI .1 and were signed on ils behalf by.. kLDfvJ Ms M Offor Trustee btr) Ms V Cummings- Tnjsl The notes form part of these financial statements Page 11
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POLICIES Basis of preparing the financial 5tatem9nts The financial slalemenls of the charity. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accountsng and RetM)rting by Charities.. Statement of Recommended Practice appluble lo chanlies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republie of Ireland IFRS 1021 leffeclive 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard ?pplicable in the UK and Republic ol Ireland, and the Charities Act 2011. The financial slalemenls have been prepared under the historical cost eonvenbon, with the eXP"On of Investments which are included al market value, as modifted by the revaluation of certain assets. Financial reporting standard 102 - redueed disclosure oxemptlons The charity has taken advantage of the following disclosure exemptions in preparing these financial statemen15, as permitted by FRS 102 The Financial Reporknng Standard applicable in the UK and Republic of Ireland.: the requirements of Section 7 Sial6menl of Cash Fk)ws. In¢ome Al Income is recognised in the Statement of Financial AclivilKgs once the charity has enliUem•nl to the funds. it is probable that the income wll be ceiVed and the amount Can measured reliably. ExndItUre Liabilities are re¢ognis8d as expenditure as soon as there 1$ a legal or conslruclive obligation Committing the charity lo that expenditure, it is probable that a transfer of economic benefits will be required in selllemenl and the amounl of the oblHJalion can be measured reliably Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related lo the category. Where costs cannot be direcuy attributed lo particular headings they hav¢ been allocated lo activities on a basis consislenl with the use of resources. Tanglbl8 flxed assets Depreciation is provided at the following annual rates in Ofder lo write off each asset over ils estimalod useful life. Plant and machinery Fixtures and fittings Computer equipment Al variable rates 3 10 5 years on cost Straight line over 4 years Taxatlon The church is exempl from tax on its charitable &b'vities. Accordingly il is potentially exempl from laxalion in respect of income and capital gains received to the exlenl that such income or gains are applied exclusively lo charitable purposes. No provision fof taxation has been made in these accounts. Fund accounting Unreslricled funds can be used in accofdance th the charitsbl& obj'ectives al the discretion of the trustees. Restrted funds can only be used for partlar reslncted purposes within the objects of the church. ReslrKtions arise when Specif by the donor or when funds are raised for parbcular reslricled purposes. Endowrnenls funds represent capital. held in perpetuity to create income for Specific purposes. Page 12 continued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021 OTHER TRADING ACTIVITIES 2021 2020 Charitsble activity income 34.410 27,241 INVESTMENT INCOME 2021 2020 Dividend Inrome Deposit account interest 13,080 43 13,581 733 13,123 13, 714 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneralton or other tenefits for the year ended 31 December 2021 nor for the year ended 31 December 2020. Tru8toe8' expense8 There were no InJstees' exn$$S paid for the year ended 31 December 2021 nor for the year ended 31 December 2020. Amounts of £367 12020 - £7471 were paid lo Rev S Johnson lo reimburse expenses necessarity incuffed in his role as vr. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestrtled Reslncled funds funds Endowment funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies Charltable actlvlti88 Fees - weddings, funerals eic Other Income Church Hall Income 168,146 10,258 178,404 8,312 7.972 23,333 8,312 11,272 23,333 3,3CN) Other trading actwilses Investment income 27.241 5.833 27,241 13,714 7.881 Total 240,837 21.439 262,276 EXPENDITURE ON Raisin9 funds 30.659 30,660 Charitable activitiès Fees - weddings, funerals etc Charitable Donalions Parish Share Secretarial Expenses Clergy Expenses Church Running Costs 7.839 5.400 99.332 14.741 11.493 41.834 7,839 11,083 99,332 14.741 11,493 41,834 5.683 Page 13 continued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - ¢ontlnued Unrestncled Resthcled Endowment funds funds funds Total funds Church seNices Depreciation Children's Work Church repairs Accountancy fees Legal & professional fees Church Hall Tunning expenses Church Hall repairs & mainlenance 1,588 18,254 187 1,588 18,254 187 41,592 3,781 2,367 12,927 4.597 37.728 3,781 2,367 12,927 4.597 Total 256,496 45.779 302,275 Nel gainslllossesl on investments 17,819} 113,455) 121,2741 NET INCOMEIIEXPENDITUREI Transfers b•tsve8n funds 123.4781 137,7951 161,2731 (139,7021 139,702 Net movement In funds (163,1801 101,907 161,2731 RECONCILIATION OF FUNDS Total funds brought forward 377,334 278,029 855,363 TOTAL FUNDS CARRIED FORWARD 214.154 379.936 S94,090 TANGIBLE FIXED ASSETS FiXtuS anu fittings Plant and machinery Cornputer equipment Totals COST Al 1 January 2021 Additions 91,668 78,221 2,468 255 172,357 255 At 31 December 2021 91.668 78.221 2,723 172.612 DEPRECIATION Al 1 January 2021 Charge for year 47.983 16,319 76,781 652 743 636 125,507 17,607 At 31 December 2021 64,302 77.433 1,379 143,114 NET BOOK VALUE At 31 Oecember 2021 27,366 788 29.498 At 31 Dember 2020 43.685 1,440 l. T25 46. 850 Page 14 conts"nued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2021 TANGIBLE FIXED ASSETS - continu•d FIXED ASSET INVESTMENTS Cash and settlements pending MARKET VALUE Al 1 January 2021 Additions Disposals Revaluations 449,485 1,246 120,0001 65,100 Al 31 December 2021 495,831 NET BOOK VALLIE Al 31 December 2021 495,831 Al 31 December 2020 449,485 There were no investment assets outside th& UK. Cost or valualKJn al 310ecember 2021 is repSented by_. Cash and settlements pending Valuation in 2021 Valuation in 2020 Valuation In 2019 Valuation In 2018 Valuation in 2017 Valuation in 2016 Valuation in 2015 Valuation in 2014 Valuation in 2013 Valuation in 2012 Cost 65,100 121,2741 88,618 130,0661 31.557 39,990 {6.1761 30.146 68,764 44,461 184,711 495,831 Page 15 continued ..
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 310ECEMBER 2021 DE8TORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 Trade debtors Accrued Income Prepayments 15.380 8,062 97 12.212 10,043 716 23,539 22,971 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 Bank loans and overdrafts Isee note 10) Other creditors 23,451 34,625 2,41T 33,014 58,076 35.431 10. LOANS An analysis of the maturity of loans is given below". 2021 2020 Amounts falling due within one year on demand.. Bank overdrafts 23,451 2.417 Page 16 continued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT NOTES TO THE FINANCIAL STATEMENTS. continued FOR THE YEAR ENDED 31 DECEMBER 2021 11. MOVEMENT IN FUNDS Nel movement in funds Transfers bebNeen funds At 31112121 Al 111r21 Unrostrictod funds General fund Investments PCC A¢count 105.540 108,302 312 148,592) 19.080 24,926 120.0001 81.874 107,382 312 214,154 Rostricted lunds Grant Bequest Fund Church Hall Account F8bric of Church Account Church Repair Fund Land Adj lo Church House Upkeep of graveyard Gambia Special Collections WWI Project Associated Vicar Fund Miss Cook Reslricled Churchyard (29.5121 4,926 189,568 901 4.163 8,643 132.921 39,872 9,418 869 680 1,S40 21,250 159.679 155 15501 74 1,130 3,613 24,628 6,281 {2.324) 16541 15,0001 152,649 48,153 7,094 215 21,250 184,548 200 24,869 200 379,936 52.610 {4.926) 427,620 TOTAL FUNDS 594,090 23,098 617.188 Page 17 continued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2021 11. MOVEMENT IN FUNDS- continued Net movement In funds, induded in the above are as follows. Incoming resources Resour5 expended Gains and losses Movemént in funds Unrestri¢t8d funds General fund Investments 218.666 1267.258) 148.S92} 19,080 19,079 218,666 Restrlcted funds Grant Bequest Fund Church Hall Account Fabric of Church Account Church Repair Fund Land Adj lo Church House Upkeep ol graveyard Gambia Special Co5Iecb'ons Miss Cook Reslricled Churchyard {267.2571 19,079 129,5121 26 129 155 15501 1552) 6,S29 1,059 1480} 18,579 S,222 24,628 6,281 12,3241 16541 12,3241 11,1191 12,8401 11,7261 465 4.504 200 22,091 24.869 200 15,630 (9,041) 46,021 52,610 TOTAL FUNDS 234,296 1276,298) 65,100 23,098 Page 18 continued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021 11. MOVEMENT IN FUNDS- continued Comparatives for movement In funds Net movement in funds Transfers beeen funds Al 31112120 Al 111r20 Unrestrlcted lunds General fund Investmen15 Miss Cook Legaey PCC Account 125.726 126.079 125.218 311 120,013) 117,7771 14,311 1173} 105,540 108,302 {139,5291 312 377,334 R¢strlcted fund8 Organ Appeal Grant Bequest Fund Church Hall Account Fabric of Church Account Chur¢h Repair Fund Land Adj. lo Church House Upkeep ofgpveyard Gambia Special Colleclions Other Reslricled Funds WWI Project Associated Vicar Fund Miss Cook Restn'cled 123,478) 1139.7021 214,154 220 1220) 58 901 4,163 8,643 132,921 39,872 9,418 869 680 4.14S 8.607 194.037 36,501 9,068 1,038 36 140,9661 3.371 350 11691 120.1501 1273} 173 1.540 21.250 1,540 21,250 159,879 159.679 278.029 {37.7951 139,702 379,936 TOTAL FUNDS 65S.363 161.2731 594,090 Page 19 continued. .
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 DECEMBER 2021 11. MOVEMENT IN FUNDS- continued Comparative net movement in funds, included in the above are as follows. Incoming resources ReSoUrS expended Gains 2nd Movement losses in fLJnds Unre8trlctgd funds General fund Investments Miss Cook Legacy PCC Account 236.482 1256.495) 120,0131 117,7771 14,311 117.7761 9,957 4.354 240.837 Rgstrlcted funds Organ Appeal Grant Bequest Fund Church Hall Account Fabric of Church Account Church Repair Fund Land Adi. lo Church House Upkeep ol graveyard Gambia Other Reslricled FLtnds 1256,4961 17.8191 123,4781 1220} 12201 58 18 58 18 37 11.821 1,023 3.300 1,240 4.000 136.9251 11 S,8621 2,349 140,9661 3,371 350 11691 12731 (2,9501 11,409) 14.273) 21,439 145,779) {13,45SI {37,7951 TOTAL FUNDS 262.276 {302.275) {21,2741 161,2731 Page 20 continued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT NOTES TO THE FINANCIAL STATEMENTS- eontlnued FOR THE YEAR ENDED 31 DECEMBER 2021 MOVEMENT IN FUNDS - continued A current year 12 months arKI Priof year 12 months combined posilK)n is as follows Nel movement in hjnds Transfers beNveen funds Al 31112121 Al 111120 Unrestricted funds General fund Investments Miss Cook Legacy PCC Account 125,726 126,079 125.218 311 {68,6051 1.303 14.311 24.753 120.0001 1139.5291 81.874 107,382 312 377.334 152,9901 1134,7761 189,568 Restrlcted funds Organ Appeal Grant Bequest Fund Church Hall Account Fabric of Church Account Church Repair Fund Land Adj. to Church House Upkeep of graveyard Gambia SpeCal Colleelions Other ReStrted Funds WWI Project Associated Vicar Fund Miss Cook Restn'cled Churchyard 220 1220 213 15321 41 116,3381 9.652 11.9741 {8231 74 1,130 3.613 8.648 152,549 46,153 7,094 215 680 4. 145 8.607 194,037 36,501 9,068 1,038 680 100 1.540 21.250 125.150} 1273) 173 1.540 21.250 184.548 200 24.869 200 159.679 278.029 14.815 134,776 427,620 TOTAL FUNDS 655,363 {38.175} 617,188 Page21 continued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2021 MOVEMEMf IN FUNDS- Continued A current year 12 months and pnor yea( 12 months combined nel movement in fvnds. included in the above are as follows.. Incoming resources Resources expended Gains and losses Movement in funds Unrestricted funds General fund Investments Miss Cook Legacy PCC Account 455.148 1523,7531 168.6051 1,303 14,311 1,303 9.957 4.354 Rostrlcted funds Organ Appeal Grant Bequest Fund Church Hall Accounl Fabric of Church Account Church Repair Fund Land Adj lo Church House Upkeep of graveyard Gambia Special Collections Other Reslr¢led Funds Miss Cook Reslricled Churchyard 459,503 1523.7531 11,260 152,9901 26 20 42 18.350 2,082 3,300 1,705 2.840 4,000 4.504 200 {2201 12201 213 15321 41 I IS,3381 9,652 11,9741 18231 187 15521 137,405) 2,717 7,571 15.2741 {2 528) 12.8401 14,273) {1,726) 12731 24.889 200 22,091 37.069 154.820) 32,586 14.815 TOTAL FUNDS 496,572 {578,5731 43,826 138,175} 12. RELATED PARTY DISCLOSURES There were no related paty transactions for Ihe year ended 31 December 2021. Page 22
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021 2021 2020 INCOME AND ENDOWMENTS Donations and legacies Collections Gift Aid Special Charitable Appeals Grants 118,233 21.363 136,553 23,267 3,566 15,018 609 140.207 178,404 Other tradlng aetivltlès Charitable activity income 34,410 27,241 Inv•$tment Incomè Dividend Income Deposit account Interest 13,080 43 13,581 133 13,123 13,714 Charltablo actlvitle6 Other income 46,5S6 42,917 Total In¢omlng rgsource8 234,296 262,276 EXPENDITURE Ralslng donations and 1ggacle8 Magazine Expenses Coffee, lea expen$es Fete expenses Fundraising 27,152 5.018 99 1,716 25,707 4,953 33.985 30,660 Charitable activities Clergy costs Insurance Ulilily costs Telephone, post & stationery Repair$ & Maintenance Charitable Donations Church running costs 138,231 11,822 18.333 9,872 12.447 1,341 29,189 125.566 12,876 20,583 4,422 46,678 11,083 26,005 221,235 247,213 This page does not fomi part of the statutory financial statements Page 23
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SUNNINGHILL AND SOUTH ASCOT DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021 2021 2020 Support costs Other Depociab'on of tangible fixed assets 17,608 18,254 Governance Costs Accountancy lees Legal & profe$5ional fees 3,470 3,781 2,367 3,470 6.148 Total resources expended 276,298 302.275 Net 6xpendlturo before galn8 and Ios888 {42.0021 139,9991 Rèallsed recognlsed galn8 and 1088e8 Realised gainslllossesl on fixed asset investments 65.100 121,274) Net Incomellexpendlture) 23.098 161,2731 This page does not form part of the slatutory financ1 statements Page 24