THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF TEAM PARISH MORDEN SURREY (“MORDEN PARISH”) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021
FLB Accountants LLP Chartered Accountants Global House 1 Ashley Avenue Epsom Surrey KT18 5FL
Page 1
MORDEN PARISH
ANNUAL REPORT
FOR THE YEAR ENDED 31ST DECEMBER 2021
The trustees present their report and the financial statements for the year ended 31[st] December 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” in preparing the annual report and financial statements of the charity.
REFERENCE AND ADMINISTRATIVE DETAILS
REGISTERED CHARITY NO. 1135317
The Parish of Morden comprises four separate Churches - Emmanuel, St. George, St. Lawrence and St. Martin. The Parish is managed by a Parochial Church Council (PCC). Each individual Church is looked after by a District Church Council (DCC). The Parish falls within the Deanery of Merton, the Archdeaconry of Lambeth and Diocese of Southwark.
The registered office address for the charity is 27 Selwood Road, Sutton, SM3 9JU.
Emmanuel Rev. David Ruddick (Team Vicar) St George Rev. Alan Wenham (Team Vicar) St. Lawrence Rev. David Heath-Whyte (Team Rector) St. Martin Rev. Mark Davey (Team Vicar)
Parish Wardens Charles Jeffery Michael Towse
Elected to Diocesan Synod Jean Dowdeswell (resigned 31.07.21)
Elected to Deanery Synod
Jean Dowdeswell (resigned 31.07.21) Clare Heath-Whyte Maurice Gilley Charles Jeffery Sharon Jeffery Derek Jordan Christopher Scoffield Elizabeth Scoffield Margaret Taylor Trevor Taylor Michael Towse Simon Wakely
PCC Secretary Jean Dowdeswell
Elected Members (continued) Brian Birch Pauline Botting Kenneth Brown Jean Dowdeswell Catherine Edwards Maurice Gilley Clare Heath-Whyte Charles Jeffery Sharon Jeffery Derek Jordan John Mosely Jane Pearson Christopher Scoffield Elizabeth Scoffield Margaret Taylor Trevor Taylor Michael Towse Simon Wakely Adeline Wenham Susan White Alunda Young Tom Cantell (resigned 09.05.21) Peter Hopkins (resigned 09.05.21)
Honorary Curates Precious Omuku
Elected Members (Trustees of the charity) Adeoye Adebayo Jason Armstrong Graham Belcher
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MORDEN PARISH
ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2021
(continued)
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Parish derives its governance from the Diocese of Southwark and is part of the Church of England. As with all other parishes in England, the Parish is now required to obtain independent registration with the Charity Commission. The Parish was formally registered on 30th March 2010.
Members of the PCC are either ex officio or elected by the Annual Parochial Church Council Meeting in accordance with the Church Representation Rules and the formal Diocesan arrangement for the governance of the Parish.
There is no formal induction process for new members of the PCC. They are provided support and assistance by their Team Vicar and other Church PCC members.
OBJECTS AND ACTIVITIES
The Parish has the following objectives:
-
to provide regular public worship which is open to all;
-
to provide Pastoral visiting and counselling;
-
to provide teaching of Christianity by means of sermons, courses and groups;
-
to provide Christian youth work and school assemblies;
-
to promote Christianity through events, meetings and literature distribution;
-
to promote Church mission work, e.g. senior citizens, carers and toddler groups; and
-
to supporting charities in the United Kingdom and overseas
ACHIEVEMENTS AND PERFORMANCE
We were able to meet in our church buildings throughout 2021, albeit with a variety of precautions to reduce the risk of passing on COVID-19. Each church has provided at least one Sunday service a week, live-streamed for the benefit of those unable to attend in person or wary of doing so.
Jacob Stevens continued with us as a parish trainee based at St Lawrence.
Parish clergy resumed their visits to local schools. Several congregation members are school governors.
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MORDEN PARISH
ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2021 (continued)
FINANCIAL REVIEW
Emmanuel Church received a £130,000 legacy, as a result of which overall income was 25% more than in 2020. Most of the donated income received by the parish is through bank standing orders and has remained largely unaffected by the pandemic. Because of this income apart from the legacy closely matched what was received in 2020. Hall lettings were resumed in 2021, but total hall income for the year remained well below levels prior to the pandemic.
Routine expenditure also remained below what was being spent before the pandemic. Exceptional expenditure in 2021 included repairs to the east window of Emmanuel church, redecoration of The Old School House, and the cost of replacing guttering at 23 Cedars Road. Even with this exceptional expenditure, the total spent in 2021 was substantially less than in 2020.
The total value of our endowment funds increased by £27,949 or 15%.
Overall fund balances, excluding properties (which are treated as fixed assets) and endowments, increased from £227,863 to £368,220 or by 61%.
SAFEGUARDING
The Parish of Morden appoints a Parish Safeguarding Officer. Each of the individual churches appoint their own Safeguarding Officers who ensure that Disclosure and Barring checks are updated and that regular training is undertaken by those in their congregations. The Parish complies with the requirements of the Diocese and Charity Commission, including the recent requirements relating to the reporting of serious incidents. The members of the PCC pay due regard to the House of Bishops' advice and guidance on safeguarding.
PUBLIC BENEFIT REQUIREMENT
The Parochial Church Council have complied with the duty in the Charities Act 2011 to have regard to guidance published by the Charity Commission concerning the public benefit requirement
APPROVAL
The Annual Report was approved by the trustees on …………………… signed on its behalf by:-
C. Jeffery
M. Towse
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INDEPENDENT EXAMINER'S REPORT
TO TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF
MORDEN PARISH
I report on the charity trustees on my examination of the accounts of the charity for the year ended 31[st] December 2021 which are set out on pages 5 to 15.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the charity as required by section 130 of the Act.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Daniel Faust FCCA FLB Accountants LLP Chartered Accountants & Registered Auditors Global House 1 Ashley Avenue Epsom Surrey KT18 5FL
Date: …………………………
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MORDEN PARISH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2021
| Notes INCOME AND ENDOWMENTS Donations and legacies Incoming resources from donors 2 Other voluntary incoming resources 2 Charitable Activities Activities in furtherance of the councils objects 2 Investments Income from investments 2 Other Activities Activities for generating funds 2 Other Receipts Insurance claims TOTAL INCOME EXPENDITURE Charitable Activities Grants 3 Activities relating to the work of the Church 3 Support costs 3 Governance costs 3 TOTAL EXPENDITURE NET INCOME (EXPENDITURE) FOR THE YEAR Gains (Losses) on Investment Assets Transfers between Funds NET MOVEMENT IN FUNDS Fund balances brought forward FUND BALANCES CARRIED FORWARD |
General Restricted Endowment Funds Funds Funds £ £ £ 252,038 6,752 - 188,983 2,301 - 441,021 9,053 - 28,036 20 - 55,867 - 5,231 425 8,999 - - - - 525,349 18,072 5,231 460 37,671 - 336,946 3,109 - 18,427 - - 4,680 - - 364,798 40,780 - 364,798 40,780 - 160,551 (22,709) 5,231 - - 25,763 (28,365) 31,409 (3,044) 132,186 8,700 27,951 2,407,515 26,398 179,270 2,539,701 35,098 207,221 ======= ====== ====== |
TOTAL TOTAL 2021 2020 £ £ 258,790 247,323 191,284 90,135 450,074 337,458 28,056 20,140 61,099 52,812 9,424 25,106 - 1,780 548,653 437,296 38,131 48,252 340,055 520,394 18,427 26,755 4,680 4,680 405,578 600,081 405,578 600,081 143,074 (162,785) 25,763 11,414 - - 168,837 ( 151,371) 2,613,183 2,764,554 2,782,020 2,613,183 ======= ======= |
|---|---|---|
The notes on pages 7 to 15 form part of these financial statements.
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MORDEN PARISH
STATEMENT OF FINANCIAL POSITION
31ST DECEMBER 2021
| Notes FIXED ASSETS Tangible fixed assets 4 CURRENT ASSETS Current asset investments 5 Debtors 6 Cash at bank and in hand CREDITORS:Amounts falling due within one year 7 NET CURRENT ASSETS NET ASSETS ACCUMULATED FUNDS |
General Funds (see note 8) £ 2,206,580 - 55,342 293,083 348,425 (15,303) 333,122 2,539,702 ======= 2,539,702 ======= |
Restricted Funds (see note 9) ( £ - 301 300 27,211 27,812 7,286 35,098 35,098 ====== 35,098 ====== |
Restricted Funds (see note 9) ( £ - 301 300 27,211 27,812 7,286 35,098 35,098 ====== 35,098 ====== |
Endowment Funds see note 10) £ - 207,220 - - 207,220 - 207,220 207,220 ====== 207,220 ====== |
TOTAL 2021 £ 2,206,580 207,521 55,642 320,294 583,457 (8,017) 575,440 2,782,020 ======= 2,782,020 ======= |
TOTAL 2020 £ 2,206,580 |
|---|---|---|---|---|---|---|
179,270 38,349 248,989 466,608 60,005 406,603 2,613,183 ======= 2,613,183 ======= |
||||||
= = |
The financial statements were approved by the trustees on …………………… and signed on its behalf by:-
C. Jeffery M. Towse
The notes on pages 7 to 15 form part of these financial statements.
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MORDEN PARISH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021
1. ACCOUNTING POLICIES
Accounting basis
The Parochial Church Council of the Ecclesiastical Parish of Team Parish Morden Surrey is a charity in England / Wales. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the charity’s operations and principal activities are promoting in the ecclesiastical parish the whole mission of the Church.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.
The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £1.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires the members of the PCC to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Funds
Unrestricted funds represent the funds of the PCC that are not subject to any restrictions regarding their use.
Designated funds represent funds designated by the PCC for a specific purpose. Such funds are still unrestricted and may be re-designated by the PCC.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor.
Endowment funds have similar restrictions with the additional proviso that only the income can be spent without permission from the original donor or the Charity Commission.
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MORDEN PARISH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021
(continued)
Income recognition
Collections and stewardship giving are recognised when received by or on behalf of the PCC.
Legacies are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain.
Income tax recoverable on covenants or gift aid donations is recognised when the related income is recognised.
Rental income from the letting of Church premises is recognised when the rental is due.
The Churches are greatly assisted by voluntary help and donations in kind. These are not reflected in the financial statements as they are not capable of accurate financial measurement.
Expenditure recognition
Resources expended are recognised in the period in which they are incurred. Resources expended include VAT which cannot be recovered.
Grants are made by individual DCCs and are recognised when the grant is approved.
Fixed Assets
Consecrated and benefice property is excluded from the financial statements by section 10 of the Charities Act 2011.
Movable Church furniture held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are accounted as inalienable property and are listed in the inventories of the Churches.
All expenditure incurred during the year on consecrated or benefice buildings and movable Church furnishings, whether maintenance or improvement, is written off as expenditure in the Statement of Financial Activities.
Freehold Land and Buildings have been included at market value upon incorporation of FRS102. It has not been possible to obtain historic costs for certain properties due to the historic nature of their acquisition.
The members of the PCC are currently considering a suitable method of depreciation of these assets.
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MORDEN PARISH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021 (continued)
2. INCOME
| Unrestricted Restricted Endowment Funds Funds Funds £ £ £ Income from donors Gift Aid - Bank 166,043 3,961 - Gift Aid – Envelopes 12,586 - - Tax recoverable on Gift Aid 41,645 - - Other planned giving 21,201 1,969 - Loose plate collections 8,290 42 - Giving through church boxes 507 90 - Regular gift days 1,765 690 - 252,037 6,752 - Other voluntary income Legacies 162,782 - - Donations, appeals, etc. 21,021 1,761 - One-off gifts 2,000 540 - Recurring grants 2,960 - - One off grants 220 - - 188,983 2,301 - Activities in furtherance of the councils objects Fees to PCC 1,668 - - Income from church hall 14,516 - - Bookstall sales 62 20 - Rent: Church/LDF building use 11,790 - - 28,036 20 - Income from investments Dividends - - 5,231 Rent: PCC land/buildings 55,833 - - Bank interest - - - CCLA Interest 34 - - 55,867 - 5,231 Fundraising activities Bookstall sales -fund raising 20 - - Other funds generated 405 8,999 - 425 8,999 - Other Receipts Insurance claims - - - |
Total Funds 2021 2020 £ £ 170,004 159,313 12,586 12,597 41,645 45,343 23,170 23,912 8,332 3,933 597 - 2,455 2,225 258,789 247,323 162,782 19,755 22,782 21,360 2,540 2,535 2,960 3,028 220 43,457 191,284 90,135 1,668 1,416 14,516 9,085 82 680 11,790 8,959 28,056 20,140 5,231 5,002 55,833 46,640 - 848 34 322 61,098 52,812 20 57 9,404 25,049 9,424 25,106 - 1,780 |
Total Funds 2021 2020 £ £ 170,004 159,313 12,586 12,597 41,645 45,343 23,170 23,912 8,332 3,933 597 - 2,455 2,225 258,789 247,323 162,782 19,755 22,782 21,360 2,540 2,535 2,960 3,028 220 43,457 191,284 90,135 1,668 1,416 14,516 9,085 82 680 11,790 8,959 28,056 20,140 5,231 5,002 55,833 46,640 - 848 34 322 61,098 52,812 20 57 9,404 25,049 9,424 25,106 - 1,780 |
|---|---|---|
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MORDEN PARISH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 (continued)
3. RESOURCES EXPENDED (continued)
| Unrestricted Restricted Funds Funds £ £ Grants CMS (including SAMS) - 6,328 TEAR fund - 994 Overseas mission societies - 5,967 Release International - 956 Crosslinks - 5,616 AIM - 6,724 Christian Agencies - 3,600 Home mission 460 2,487 LCM (Merton Schools) - 2,414 SSCWT - 915 Sundry grants under £1,000 - 1,670 460 37,671 Activities relating to the work of the Church Ministry Parish share etc. 166,464 - Stipend contribution 20,033 - Working expenses of incumbents 2,300 - Church running costs – utilities 9,208 - Church running costs – cleaning 126 - Church maintenance 17,291 - Church insurance 8,105 - Organ/piano tuning 958 - Upkeep of services 10,927 - Upkeep of churchyard 3,430 - Magazine and bookstall expense 265 42 Parish training and mission 3,606 1,100 Education 1,132 425 Parsonage house expenses 4,628 - Assistant staff costs 5,989 - Miscellaneous expenses 274 - Other PCC property upkeep 26,612 - Hall running costs - utilities 5,043 - Hall running costs - cleaning 3,431 - Hall running costs - repairs 8,831 - Hall running costs - insurance 2,512 - Salaries (except administrator) 4,285 - Major repairs/installations - church hall 5,400 - Major repairs/installations - church 30,381 1,542 341,231 3,109 |
Total Funds 2021 2020 £ £ 6,328 6,300 994 3,144 5,967 9,125 956 900 5,616 5,567 6,724 7,147 3,600 3,600 2,947 3,510 2,414 5,798 915 1,600 1,670 1,561 38,131 48,252 166,464 164,974 20,033 20,008 2,300 2,248 9,208 9,299 126 679 17,291 22,254 8,105 8,507 958 196 10,927 16,431 3,430 7,914 307 1,126 4,706 3,377 1,557 488 4,628 4,468 5,989 912 274 187 26,612 10,000 5,043 8,856 3,431 3,103 8,831 4,232 2,512 2,512 4,285 676 5,400 21,474 31,923 206,473 344,340 520,394 |
|---|---|
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MORDEN PARISH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 (continued)
3. RESOURCES EXPENDED (continued)
| Unrestricted | Restricted | Total | Funds | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | 2020 | |||
| £ | £ | £ | £ | |||
| Support costs | ||||||
| Administration | 4,161 | - | 4,161 | 6,366 | ||
| Administrators' salaries | 14,266 | - | 14,266 | 20,389 | ||
| 18,427 | - | 18,427 | 26,755 | |||
| Governance costs | ||||||
| Accountancy fees | 4,680 | - | 4,680 | 4,680 | ||
| 4. | FIXED ASSETS | |||||
| Freehold Land and Buildings | ||||||
| £ | ||||||
| Valuation | ||||||
| As at 1.1.2021 and 31.12.2021 | 2,206,580 | |||||
| ======= | ||||||
| Net Book Value | ||||||
| As at 1.1.2021 and 31.12.2021 | 2,206,580 | |||||
| ======= | ||||||
| The Freehold Land and Buildings comprise | ||||||
| Original | Revalued | |||||
| Cost | Cost | |||||
| £ | £ | |||||
| Emmanuel Church Hall & Annex | 15,709 | 115,000 | ||||
| 140 Stonecot Hill (being 69.56% of the property) | 32,000 | 313,020 | ||||
| 49 Camborne Road (being 62.26% of the property) | 94,950 | 373,560 | ||||
| 23 Cedars Road | 42,877 | 450,000 | ||||
| Parish Hall Complex (now split into 4 | distinct properties) | 41,010 | - | |||
| Parish Hall | - | 105,000 | ||||
| Parish Hall Bungalow | - | 300,000 | ||||
| Hall Cottage | - | 200,000 | ||||
| Old School House | - | 350,000 | ||||
| 226,546 | 2,206,580 | |||||
| ====== | ======= |
The original historic costs have been obtained from Parish records of which some date back over 70 years. The properties at 140 Stonecot Hill and 49 Camborne Road were purchased with the assistance of the Diocese who own the balance of the share in the property, ownership percentage being based on contribution towards cost by each party.
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MORDEN PARISH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021 (continued)
| 5. | CURRENT ASSET INVESTMENTS | ||
|---|---|---|---|
| 2021 | 2020 | ||
| £ | £ | ||
| Central Board of Finance | 207,220 | 179,270 | |
| ====== | ====== |
Funds are invested through the Church of England Central Board of Finance. Units held are shown at closing value at the year end.
| 6. | DEBTORS | ||
|---|---|---|---|
| 2021 | 2020 | ||
| £ | £ | ||
| Sundry debtors and prepayments | 55,642 | 38,349 | |
| ===== | ===== |
| 7. CREDITORS: amounts falling due within one year Sundry creditors and accruals = |
2021 2020 £ £ 8,017 60,005 ==== ===== |
|---|---|
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MORDEN PARISH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 (continued)
8. GENERAL (UNRESTRICTED) FUNDS
| Balance Incoming Resources 1.1.2021 Resources Expended Transfers £ £ £ £ The Designated Funds comprise:- Fixed Asset Fund 2,206,580 - - - Emmanuel - General Fund 53,457 217,978 (40,466) (74,518) - Discretionary Fund 200 - - - - Church Hall Fund 900 5,738 ( 2,550) (1,955) - Special Fund 1,039 - - (1,039) - Mums and Toddlers Fund 404 - - - St. George - General Fund 76,145 42,911 (26,579) (21,871) St. Lawrence - General Fund 16,271 90,403 (11,211) (78,601) - 25K Donation 25,580 33,838 (1,263) - St. Martin - General Fund 145 72,393 (4,326) (68,078) - Maintenance Fund 12,042 7,800 (8,535) (11,307) - Youth Work 2,502 - ( 222) - - Bernard Towse Memorial Fund 989 - - - - Sick & Needy Fund 308 - - - Parish Fund - General Fund - 1,722 (229,077) 227,140 - Emmanuel cleaner - - ( 1,360) 1,360 - Church Hall Fund - 4,544 (14,366) 9,822 - St. George’s worker - - (2,492) 2,492 - Property Fund 10,953 48,023 (22,350) (11,810) 2,407,515 525,349 (364,797) (28,365) ======= ====== ====== ====== |
Balance 31.12.2021 £ 2,206,580 156,451 200 2,133 - 404 70,606 16,862 58,155 134 - 2,280 989 308 (215) - - - 24,816 2,539,701 ======= |
|---|---|
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MORDEN PARISH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 (continued)
9. RESTRICTED FUNDS
| Balance | Balance | Incoming | Resources | Balance | ||
|---|---|---|---|---|---|---|
| 1.1.2021 | Resources | Expended | Transfers | 31.12.2021 | ||
| £ | £ | £ | £ | £ | ||
| The Restricted Funds comprise:- | ||||||
| Emmanuel | ||||||
| - Missionary Fund | - | 91 | (10,591) | 10,500 | - | |
| - Bible Notes Fund | 344 | 20 | (42) | - | 322 | |
| - Junior Church Fund | 277 | - | (425) | 223 | 75 | |
| St. George | ||||||
| - Missionary Fund | - | - | (2,612) | 2,612 | - | |
| - Church Hall Fund | 4,000 | - |
- | - | 4,000 | |
| St. Lawrence | ||||||
| - Missionary Fund | - | 1,362 | (9,564) | 8,934 | 732 | |
| - Weekend away | - | 2,049 | (1,100) | - | 949 | |
| - Ivy Morris Fund | 17,249 | 8,919 | - | - | 26,168 | |
| - Giftday Donations Fund | 674 | - | (1,542) | 868 |
- | |
| St. Martin | ||||||
| - Missionary Fund | 3,739 | 5,631 | (12,804) | 6,286 | 2,852 | |
| Parish Fund | ||||||
| - Missionary Fund | 115 | - | (2,100) | 1,985 | - | |
| 26,398 | 18,072 | (40,780) | 31,408 | 35,098 | ||
| ====== | ===== | ====== | ===== | ===== |
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MORDEN PARISH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 (continued)
10. ENDOWMENT FUNDS
| Balance Incoming Investment 1.1.2021 Resources Gains Transfers £ £ £ £ The Endowment Funds comprise:- St. Lawrence - Pylbrook Charity 158,881 4,633 22,870 (2,445) - Urquhart Bequest 4,287 126 608 (126) - Peers Bequest 15,202 446 2,157 (446) St. Martin - Froude Bequest 900 26 128 (26) 179,270 5,231 25,763 (3,044) ====== ==== ===== ===== |
Balance 31.12.2021 £ 183,938 4,895 17,359 1,028 207,220 ====== |
|---|---|