_**Parochial Church Council of Christ Church Cheltenham Financial Statements for year ended 31 December 2021**_
## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES**
The trustees are responsible for preparing the trustees’ report and the financial statements in accordance with general applicable law and United Kingdom Accounting Standards (United Kingdom General Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgments and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2015 and the provisions of the trust deed. They are also responsible for safekeeping the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the trustees
________________________________ Rev Simon Heron
March 2022
_**Page**_ **8**
_**Parochial Church Council of Christ Church Cheltenham Financial Statements for year ended 31 December 2021**_
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES**
I report to the trustees on my examination of the accounts of the Parochial Church Council of Christ Church, Cheltenham for the year ended 31 December 2021 which are set out on pages 10 to 19.
## **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 (the Act).
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 in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair 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 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.
Signed:
Date:
Ruth Herbert FCCA
March 2022
_**Page**_ **9**
_**Parochial Church Council of Christ Church Cheltenham Financial Statements for year ended 31 December 2021**_
## **STATEMENT OF FINANCIAL ACTIVITIES**
|**Note**
**Income and endowments from:**
Collections, donations and gifts
2
Legacies
Investment income
3
Income from operating activities
4
Other voluntary incoming resources
5
**Total income**
**Expenditure on:**
Activities relating directly to the work of the church
6
Mission and other charitable giving
7
Cost of fund-raising
Church management and administration
Development of church premises
Interest
Other costs
**Total expenditure**
8
Gains and losses on investments
**Net Income before transfers**
Transfers between funds
**Net movement in funds**
9
Fund balances brought forward at 1 January 2021
**Fund balances as at 31 December 2021**|**Unrestricted**
**Funds**
**£**
125,815
137,000
14,536
22,790
6,651
306,792
159,225
6,667
0
4,524
1,086
0
1,710
173,212
-1,368
132,212
0
132,212
128,392
260,604|**Restricted**
**Funds**
**£**
870
0
2,759
103,487
0
107,116
109,521
1,003
0
0
0
110,524
-2,541
-5,949
0
-5,949
90,825
84,876|**Total**
**2021**
**£**
126,685
137,000
17,295
126,277
6,651
413,908
268,746
7,670
0
4,524
1,086
0
1,710
283,736
-3,909
126,263
0
126,263
219,217
345,480|**Total**
**2020**
**£**
133,325
22,000
2,438
114,449
15,855|
|---|---|---|---|---|
|||||288,067|
|||||253,326
9,549
0
7,350
-9,471
0
1,696|
|||||262,450|
|||||2,225|
|||||27,842
0|
|||||27,842
191,375|
|||||219,217|
||||||
The notes on pages 12 to 19 form part of these financial statements.
_**Page**_ **10**
_**Parochial Church Council of Christ Church Cheltenham Financial Statements for year ended 31 December 2021**_
## **BALANCE SHEET**
|**Note**
**Fixed Assets**
Tangible assets
11
Investments
18
**Current Assets**
Debtors
12
Cash at bank and in hand
13
**Creditors:**Amounts falling
14
due within one year
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS**
**CURRENT LIABILITIES**
**Creditors:**Amounts falling
14
due after one year
**NET ASSETS**
**FUNDS**
Restricted funds
15
Unrestricted funds
General funds
Designated funds
16|**2021**
**£**
**£**
1,222
65,110
66,332
146,303
138,772
285,075
5,927
279,148
345,480
0
345,480
84,876
76,331
184,273
345,480|**2020**
**£**
**£**
2,362
67,237
69,599
10,702
142,941
153,643
4,025
149,618
219,217
0
219,217
90,825
59,928
68,464
219,217|
|---|---|---|
||||
Approved by the trustees and signed on their behalf by:
____________________
March 2022
Rev Simon Heron
_**Page**_ **11**