OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

Daring tbe year the following
served as me
Daring tbe year the following
served as me
mbers ofthe Parochial Church C ouacil (PCC):
th Chairman Revd. Mauhew Foy
Church Wardens Mrs. Shirley Ccutthsrd
Mr. Nigel Bren
Representatives oathe Deanery Synod Mrs. Shirley Couhhsrd
Mr. Malcolm Harris
Mr. Tom Morgan Hoa Treasurer
Mr/ David Brooms
Mr. Alas Freemaa
Mrs. Catherine
Harvey
Mrs Msrtpum
Lloyd
Parish Safegusrdmg OtBcrr
Mrs Heather Pain
Mrs Susen Rayner
DrBea~teveus
PCCS~
Mra Sarah Searle
Mr. BobTittey

IJnrestriotod Endowment XQXhL XQXhL
Funds Funds Eu&da Emma
31 1212 ~31 1
8
Income and Endowments from:
)OorrrrriarrsoadI4egoaiss 2a 54,25$ 23,375 77,633 72,314
atortrrsblr Acevioss 2b 852 852' 1,427
Odter nrsr&rtf activities 2o 15,810 15,810 18,087
2d 203 203 277
Odrsr Irrsanrs 2e 1,565 1,565
72,688 23,375 96,063 92,105
3s 51
3b 68,401 6,068 74,469 69,417
3c 4,425 4,425 4,455
Total Reroute&a expended
NetlncemlnS(~~
(138) 17,307 18,894
17,169
32,923
Otherraoo&nised &sins/losses
Oairrs3'(basses) aa nr98nhr9man of)fred
Gairrs3fiasses) an asrerrso assets 8 944 425
806 17,307 1&,113 18,607
Total fhnds bmudbt forward at 1st
January 2021 51,191 21,839 1,250 74,280 55,673
Totrd funds'esrrted
forward at 31st
Deennbar 2021
51,997 39,148 1298 ~92 !13 74,280

Total Total
Funds Funds Notes
2021 2020
Cash flows S3cmoperate
activities
Net cash prow'ded
by (nted mj epnnatirtg ocaviaes
321 12,130
Cash Saws fccm invesdng
activities
ttvtdtmds
interest andrermjtm~
Pmceedftrm Aeade ofproperty, pken mtd~
Pmchom afproperty, piant and~
Pt3cowntfram Ae mrie of~
Pard' oftnvestmerm
¹t
ctsAprovided by (nmd inj imesting acaviries
213
213
305
305
Change in cash md cash equivsleats
in the repcrdng
pmiod 534 12,435
Cash and cash eprivabmts atAr begimrisg ofdie reporring per/or
Cash and cash equivalents
at the end al'the rapordng
period
36,985
33326
24,550
3698T
Reconciliadcn ofnte inccnud(expenditure)
tonet cash Sow fmm operating
Net income/(esptssktnre)
fsr rire reporring period (asper sanement of
acttrtries
17,169 1$,1$2
Adjusnnents for:
fttpnectantm
chmges
(Gains)/Lames
an~ts
interest and rentsfrom imestmentsj
4,941
(213)
(305)
Loss/(Profit) an Ae stde/(pnrchamj
offbted astetr
(24,704)
(mcreamj/drcreem
m stocbs
(increase/decreom
mdhbtors
~(thcteam)
m cretgtors
Net cash provided hy (used in) opersdng acdvities
3,578
(450)
321
(4,211)
(1,537)

Unrestricted fisub —genead Smds which can beused forP.C.C.ordinary pmposes. Unrestricted fisub —genead Smds which can beused forP.C.C.ordinary pmposes.
Dccitpzrredficwb
-monies set aside by the P.C.C.cutofumestricted
fimds for specific fhture purposes orprojects.
Income and endowments
All income snd endowments
are accaanted for vritbout Cducctlo
Sxr any costsofreceivability,
are
recognized whca them is evidence ofcutitlemnst,
nzxeipt isprobable, sad the smoxmt csn be~reliably.
.a) DonaIom and hgachzt
Collecticas aru recognized
when reccivNL
Plsaned giving receivable isrecoggdzed when these isevideacc ofentitlement,
receipt is pmbable,
snd the
amount accorrh with the Gift Aid Decbxxation ar ether record ofinteaticn to donate.
Gift aid recovered is recognized whee tbe incame to which itis attached isrecognized.
Gnmtc sad legacies are xceogaized whee the Sxxmxd otfixr in wridng ofthe lhnding isreceived by tbe P.C.C.
.b)
.c)
Cbaritahle
ttVtthccs
Stsmtacy SxesSc wehhngs
aad Smexxds are xecagniized when the once occurs.
Other tcudhxg acfivlthu
Trading ctxixitim are where income isreoeivsble in nmnn for selling goods or~cervicexx hxcame
Sam trading isrecogaized rather a) when xeccived arb)in the caseofcancertk fbr the year in which the
event occms hxespecrive of date ofreceipt
Advaace bookings sre iacluded increditors until the concert
hss takes place.
zaleaM~ cxgt ctxgty notes are rccoxuxtzed whee received
Rene fiom property are recotpxized in sccordxmce with the rentst~t, when rmeipc isprobable.

STMATTHEWS CHURCH PAROCHIAL CHURCH COUNCIL
NOTES TOTHE FINANCIAL STATEMENTS
IrOR THE YEARENDED 31DECEMBER2621
4) Investmeat iacome
are~far when due and payable. Interest enfitleneats
are accounted for asthey accrue.
.e) All other income
Afi ether income isrecognized m accordance with the above overall policy.
.I) Gains and hsses ia mvestmeais
gains mu recotprlzed when the invcsnneats
are sold
gains aad losses sm accounted kr on realuatiaa
at31December
Expenditure
Expenditure
is recognised when thee isevidence ofentitlement,
payment is probable, and the
amount can bemolnrud
reliably
Gnmts
Grants snd daaetiam are sccannted Su' whee paid over, orwhen awarded
whcsu the award creates s
.b) bindiag ablignfiaa onthe P.C.C.
Church Cttvtfies
The diocesaa perish share is~for on an ammsl basis, mflecting the allocation
set by our Dmucry.
Any parish contrkution
unpaid st31Deccmbrz is provided kr in these scomats ss an operational
(though
not alegal) hability ead is shown asa creditor in the babmas sheet.
c) Fixed nssetn
i.Tangible fixed assets
Consecrated end beneficed pmperty ofsay kind is excluded Som dm aocamus by s.10(2)ofthe Chsrifies
Act2011.Movable church~sheld by the Rector and Churchwsrdem
on special trust for the
P.C.C.snd which require akcalty kr disposal sre exormted as iaalierukle
pmperty
unless consecrtucd.
They me listed iathe church's inventory,
which om bemspected but sre not inchded inkcfinancia
~.Forether pmpaty~Friar ta 2000 thme is insufficitat
cost inkrtnatiaa
available and
tharckre fire costofsuch assets isnot stated in firc fiaanchd~.
ABexpenditure
on consecrated orbenefiasd buildings
and individual
items costing under g1,000are
wriuea otfwhen they were mcnrrcd.
ii. ~an
Dsprecman is calculated to write down the costoftaugible flxed assets, excluding Scchold~
over their expect@usefid lives. The mtes geacrally applicable are:
Fixtures sad Mngs
20%
Audio Visual cquipmcnt
33vA
Otfice equipment
23SS
No
ppecbati'cu isprwrikd on Sushold buildmgs
as thc useful ecanamic lik ofthee assets exceeds 50
yeas snd ruudual
v'abuu sohigh that potential
depreciation
would be~.Itisthe PCC's policy to
maintain these auuns ma~smte ofsound repair.
Result'mg Som regular impainumt
reviews,
ymvisim
will bemade ifthere has been any permsaeat
diminution
in value.
Investments
Jnvesuneats
are stated stnuuket value atke bshmce sheet date.
Cuneat Assets
Amaunts
owing tothe P.C.C.at31Decembrc inrespect offees, teats orother mcome are shown asdebtors
less provisiaa kr amounts that may prove uacallcctsble.
Short tenn deposits include cash hidd on deposit either with the C.B.F. Church ofEaghmd fimds, oratthe
bask.

2 INCOMNG RESOURCES
Umestrieed Restricted Endowmem Teal Funds
Funds Feeds Funds 2021 2020
f f f f
2 Analysis ofincome and endetvments
2s Dauntless
aud Legacies
Planned Giving (eeet tax refunds) 25,400 25,400 23,232
Planned
Giving (no mx refunds)
6,304 6,304 3,409
Loose cash ccBections 950 242 1,191 1,204
Gift Days
Sundry donations aud apptrds
430
10~
20,958 430
31,225
1,764
27,985
Income Tsx
ecoverabie
8,497 2,175 10,672 12,126
Grants 1,911 1,911 2,594
Letpuim 500 500
54W8 23,375 77,633 72/ 14
852 852 1,427
852 1,427
2c Other trlliug activities
Pued raising events
Church Centre Leuings 7,221 8,174
Rent Sum lemng parish house $,589 9,913
Bookstag
15,810 15810 18,087
24 Invssuusuts
rlttsulds
an CBFInvestment
fund 191 191 185
CBFdeposit interest 12 12 92
353 203 277
1,565 1,565
3.565

NOTES TOTHE FINANCIAL STATEMENTS fORT
CONTINUES
HEYEAREN DED 31 DEC EMBE R2021
Unrestrictsd Restricted Fndowment Total Funds
Punds Funds Funds 2021 2020
6 6 f 6
3a Raising funds
Special appeal costs
Pund-. raising cvems
Sterdsbip costs 51
51
3b ~Acthdties
hgssionary
and cbaritable giving:
102 47 149 2,841
Ministry costs
Diocessa Parish Share 37,150 37,150 37,017
Other clergy oosts 2,934 2,934 2,359
Salaries snd hoaoria 11,362 11,362 11,478
Church naming supeases 10,504 10,504 9,400
Church Mainteuaocelftnprovements 3,782 6,021 9,803 4,149
Boostsll
Triining
and Missioa
Upkeep of services
Upkeep ofchurch grramds
St~Sunday Club
1,272
70
25
1,272
70
25
615
442
36
Parish Newsbest
Bank Charges
Governaace - see note 6
1,200 1,080
744N M ~17
3c Other tnugag tcvtties
4,425 4,425 4,455
4,445 4425 4455
1KIv 6.06k 78.8% v 923

CONTINUED
Rnmicuel Total Feeds
Fuads Ponds 2021 2020
f f f 6
Phml Aswie
htvcsuom\s
hbebmvshm
1stJsnumy 2021
6,172
Dieycals atcanyiad value
Pmcbsms st cost
Netdtdmsnd~
Me&mt value 31stDeems 2021
Holdiads et3hs December 2021-322chemo mdn CBFChaeh ofEn$hud hnustmsm Fuad
Prcchot& los& Amdio viscsl OSiee Total Seed
Costorvshuaum
At 1stJanuary 2021
Addi&em
Au& Build'mds
Srpdtmnm
26319
14319
24,704
cyddumeu f
40,538
24,704
Zbspossh
At31stDeecadm 2021 2(s319 38,923 6M42
Dcpsechdea
At 1stJsmnry 2021
Pmvidsd indn year
14319
4,941
14319
4.941
Disyosch
At 31st December 2021
19,160 19,160
Net hash aseoeats
At31stDtcembm 2021
At31stDsoembm2000
26519
26319
19,763 46,082
26319
TbeFmshttd
bm&sndhuildmus
corn(nba
ths house et9$~the&cut bt Lccnsrdhoneen
Forsccoeu&M Purpomu dm hbcnrbs&
8
a
Phml Aswie
htvcsuom\s
hbebmvshm
1stJsnumy 2021
Dieycals atcanyiad value
Pmcbsms st cost
Netdtdmsnd~
Me&mt value 31stDeems 2021