| Unrestricted | Designated | Restricted | TOTAL | TOTAL | ||||
|---|---|---|---|---|---|---|---|---|
| Notes | Funds f |
Funds E |
Funds I |
2021 f |
2D20 E |
|||
| INCOME AND ENDOWMENTS | FRDMr- | |||||||
| Donations itLegacies | 3,4 | 127,557 | 12,WO | 11,293 | 150+50 | 130,263 | ||
| Other trading acthriUes |
44,296 | 44,296 | 30r542 | |||||
| Investment | 1,158 | |||||||
| Other Income/Receipts | 49,256 | 1,162 | Sgretg | 113,182 | ||||
| 222 267 | 13r162 | 11r293 | 246r722 | 275+IS | ||||
| EKPENDITURE ON CHARITASI.EAClIVZGES | ||||||||
| Minisby coals | 74r928 | 10,133 | 05,051 | 76,435 | ||||
| Church running casts | 8,9 | 114~ | SO,OM | 164r304 | 119465 | |||
| Senwulent payments |
10 | 1,525 | 1,160 | 1459 | ||||
| Other Expenses/Payments | ||||||||
| Total | 19D,747 | 50,000 | 11,448 | 252,195 | 248551 | |||
| Opersing Surplus / (Deficit) |
31rf20 | (36r838) | (ISS) | (Er473) | 28464 | |||
| Gains/(Losses) on revaluation |
ofInvesb | 13 | 17,161 | 17,161 | (9,410) | |||
| Net (Expenditure)/Inceme | 31420 | (Igr677) | (155) | 11,658 | 29~ | |||
| Trsnsfem between Funds | 17 | |||||||
| Net mnvsment ln funds |
31,520 | (19,677) | (155) | 11,688 | 19~4 | |||
| TOTAL | FUNDS BROIIGHT FORWARD | 17 | 100,847 | 220,357 | 1,793 | 322,997 | 303~ | |
| TOTAL | FUNDS CARRIED FORWARD | 17 | 132r367 | mrQN | l/l38 | 334+85 | 322,997 |
| NO | TES TO THEACCOUNTS FORTHE YEAR ENDED 31DECEMSER | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | INCORPORATION OF HIGH CROSS |
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| The Chumh was Inc rporsted on 30th June 2010,as a aompsny | limited by guarantee. The liability of |
each member is limited to610In the | ||||||||
| event of winding up. |
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| 2. | ACCOUNTING POLICIES |
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| General | ||||||||||
| The Hnandal Statemenls have been prepared an the scduals basis under the hislark cost convention |
and in accordance | with the | Statement of | |||||||
| Recommended Practice: Acmunting and Repornng by Charities pmparing their accounts In acmrdance vdth the Hnancial Reporbng Standard applicable In the UK and Rapublk ofIreland (FRs 102)Issued on 16July 2014,the charibes Act 2011,the companies Act 2006and UK generally acmpted accounting practise as Itapplies from 1January 2015.Fresentananal rurrency ofthe accounts isIstarling rounded to |
||||||||||
| nearest EL | ||||||||||
| High Cross Church Camberley meets the dellnmon ofa public benefit entity under FRS102. |
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| Income | ||||||||||
| Incame mmprlses donatians, interest, grants far lay workers and grants under the Government Retention adcgtional gilt aid recelvade, Induding amounts dsimed for donatians In the year but not received by the |
Scheme. Donations Indude any end ofthe year. Income ls remgnlsed |
|||||||||
| when the church becomes entnled to rmmpt. | ||||||||||
| Fbmd Assets | ||||||||||
| Assets purchased in the year casting in excess of61,000are included in the |
balance sheet atcost. | |||||||||
| Depreciation is provided atates cakulated ta write oifeach asset aver Its expeded useful life as follows: |
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| - Computers, Office and Miscellaneous Equipment: 3 —5years |
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| Support costs | ||||||||||
| These Indude the costs ofadministrating and running the church and any truslne expenSes. |
and indude | governance costs which |
comprise the Independent | Examiner fee | ||||||
| Expenditure | ||||||||||
| Liabilines are recognised as soon asthee isa legal or construdive | obligation | aammitbng the chunky tothe expenditure, |
itis probable that the | |||||||
| settlement wig be required and the amount ofthe obliganon can be measured |
with reasonably certainty. |
Irnxxxmmble | VAT is charged asa mst | |||||||
| against the acthdty far which the expenditure was Incurred. |
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| Pensions | ||||||||||
| The Chumh is mmplying with its obggahan to prmride a pension far its employees. Four employees received pension conbtbunans, through NEST, totalling FEBduring the year. (2020- faun 6609) |
provided | |||||||||
| Imrestments | ||||||||||
| These are induded in the accounts at market value at the balance |
shed date | and any gain or loss arising | on revaluation | included | in the | |||||
| Statement of Rnandal Adivides | ||||||||||
| Debtors | ||||||||||
| Debtors are nkognlsed atsettlement amount. |
||||||||||
| Crmlilars are remgnlsed when the church has a present obligation |
resulting from a past event that will probably result |
in | the transfer of | funds | ||||||
| toa thied party and the amount tosettle the obliganon can be measured reliably. cmditors are recognised |
ataetna ment amount | |||||||||
| Mnanclal Instruments | ||||||||||
| The charltv anlv has basic financial instruments. | ||||||||||
| Funds | ||||||||||
| Unresbided funds are avsik bio ta spend on activRies that further |
any afthe | purposes ofthe charity. Designated funds |
am unresbided | funds | ||||||
| ofthe charity which the trustees have dedded at their discretion to set aside | for a specific purpose. Restricted funds are donations |
which Em | ||||||||
| donor has specified are to be salely used for aspedfic purpose. | ||||||||||
| Gaing Concern | ||||||||||
| The Trustees have considered going mncem up to ane year fram |
the dale of | signing these accounts. | Fallowing the outbreak of | |||||||
| COVID-19 the bustees have revised budgets and forecwds for a canservative | reduction In Inmme and |
where passible will |
redum | |||||||
| excess expendltum. Following this review the trustees belimre that High Cross Church Camberley Isa of reserves are suffident ta cover losses In the fareseeable futuro |
going concern as | the level |