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2021-12-31-accounts


FOR THEYEAREHpEp 3rST
DECETSBER ?9.2{
Unrestric{ed Restricted roTAL TOTAL
Funds Funds FpNps FUNDS
Nofes
E
I E 31t12t24
t
lncomingResources 2
Voluntary lncome
Direct Giving 2a 326,362 ,l1,3r9 337,581 357,254
GrantsReceived 2b 47,959 16,771 64,730 82,092
Events&Activities
Activities for GeneratingFunds2c
63,793
{9
0
0
63,793
tg
56,378
5,471
OtherOrdinary lncome
Tradinglncome
lnvestmentlncome
2d
2e
3,263
16,404,
{5
331
0
0
3,594
16,44
{5
13,440
'10,863
95
457,815 28,421 486,236 525,593
ResourcesExpended 3
GrantsforMission 3a 32,429 1,7U 34,193 50,799
LayMinistry 3b 65,rOr0 14,677 79,777 71,081
SupportCosts 3c 1,193 0 1,193 1,772
Costsdirectlyrelatingto
theworkofthechurch 3d 262,374 25,370 287,74 358,034
Events andActivities 3e 71,616 0 7{,616 54,241
Tynings House 3f 0 9,846 9,845 10,475
GovernanceCosts 39 3,300 0 3,300 3,360
ChurchManagement
andAdministration
Trading Costs
3h
3i
33,479
4il
&4
0
33,563
4&
28,799
545
Costs ofGeneratingFunds 940 0 940 224
470,885 51,741 522,626 579,331
Netmovement infunds -13,070 -23324 -36,390-53,737
OpeningBalance 175,429 1,106,757 1,282,18G1,335,923
Transferbetweenfunds 0 0
ClosingBalance 162,359 {,093,#}7 1,245,796128486

T
R
1
E$ TO THEFtNANCtAta$TATEILENTS
THE YEARENDEp 3{ST.PE9EMBER202,t
3,
ACCOUNTING POLICIES
The accounting policies are set out on page15
E$ TO THEFtNANCtAta$TATEILENTS
THE YEARENDEp 3{ST.PE9EMBER202,t
3,
ACCOUNTING POLICIES
The accounting policies are set out on page15
2421
E
2020
t
2 INCOMING RESOURCES
2a Voluntary lncome-Direct Giving(including restricteditems)
St.Marythe Virgin-Parish Church
-gift aid recovery
St.Thomas
-gift aid recovery
St.Mart'sMission Tynings
167,614
38,344
75,711
14,829
31,872
162,880
39,642
101,486
19,665
27,491
-gift aid recovery
Other
9,211
100
5,887
203
337,681 357,254
2b GranbReceived
Cooper&Jordan Trust relayworkers 38,825 34,331
Other Grants
2c Activities forGenerating Funds
Fundraising events
Commission on photographs
5
14
4,915
556
,,
19
,5'4?1
2d Tradinglncome
Bookstall lncome 123 284
Hire of Church Buildings '10,579
10,863
2e lnvestment lncome
Bank lnterest {5 oE
3 RESOURCES EXPEHDED
3a Grants
Grants to lnstitutions, local and overseas 22,380 36,235
Grantstolndividuals,Iocaland overseas 11,813 14,564
3b LayMinistry
LayWorkersinAldridge
79,777 71,082
SupportCosts
Teaching materials,DBSchecks 1,193 1.772
3d Gosb directlyrelating to theworkof the Church
Parish Ministry
St. Marythe Mrgin - Parish Church
St,Thomas
St. Mary's Mission Tynings
Restricted expenditure on Church Centre
ChurchOentreAmortisation
79,213
58,025
20,550
84
24,653
76,250
55,825

19,447
2,630
24,653
Generaldrurchupkeepetc.
St" Marythe Virgin-Parish Church
St.Thomas
St.Maqg'sMission Tynings
81,710
15,361
8,148
,8r,14
123,265

48,42A
7,544
3s8,034
PAROCHT,ALCHURCH COUNCIL9.FALpRIDGE PAROCHT,ALCHURCH COUNCIL9.FALpRIDGE
NOTES TO THE,FINANGIAL STATEMFNTS{coptinued)
FORTHEYEAR ENDED 31ST DECEmBER20?1 2021 2020
t E
3RESOURCESEXPENDEdTContinued
3e EventsandActivities
Church activities ,11,91654,u1
Note: lncome and expenditure are bothgrossinthe accounts
3f TyningsHousepurchase(seenote4)
Loan lnterest
226 464
Amortisation 8,066 7,361
Repairs and refurbishmentsmsts 1.554 2,650
1Q.4
3g Governance Costs
Independent Examination Costs
3,300.. ,3,360
3h Administration
St. Marythe Virgin-Parish Church 2{,598 18,851
St-Thomas 9,948
TradingCosts
Book stall purchases 34 209
Catering for Room Hires 420
4#
336
545
ASSETS AND INVESTMENTS
FixedAssets
Gost
Church4Tynings
Gentre
Lanen

es€

Total
At1January2021 1,232,U1151,5371,384,178
Additions
At31December2021 1,232,641151,5371,384,178
Amortisation
At1January2021
Charge foryear
At31December2O2l
155,010 139,360
24,653
8,066
179,663 147,426
294,370
32,719
327,089
NetBook Value
At1January2021 't,077,63',t12,1771,089,808
At31December2021
CHURCHpOUNCILOFAf-pRlpGE
THEFlt{ANQlAl-$TATEMENTS{cqntinued}
EAR ENDED3rSTDECEMBER?02{
2021
t
2020t
LIABILITIES
Creditors
Taxation and Social security {,623 1,568
Grants
Arcruals
2,578
17,639

'15,039
11.323
Other Creditors 4,111 8.527
25,951, 36,45?
Long TermLiabilitles
Long term loan - RBS* 4,059
4,059

FUNDS
Unrcstric&dFunds ParishStThgmasStUarv's
Church ChurchMissio{t
Other Total
General
Designated
102,351 {8,883
6,519
3,46'
7,000
24,147 148,841
13,519
Balanse@31112121 102,35{ 25,402 10,46{ u,147 162,360
EletailaofDesignated Funds Carried Forward:
StThomas Churcfr ITIAVFund 5,000
NetTrust {,5{9
Tynings Lane Church BuildingFund 7,000
Restricted Funds Partsh StThomas St Marv's Total
Church Church lllissio4
Balance@31112n0 {,099,541 2,814 4,3O4 1,10$,757
Receivedinyear 2,227 {,354 24,84$ 28,421
AllocatedinYear -25,970 -776 -24,994 -51,741
Transfer between funds 0
Balance@XnA21 1,075,898 3,388 4,150 _lfI3dgl

FOBrHEYEAFFNpEp3.rSTDECEMBFB
12
SOFAComparatives
2821
Unresficted Restricted TOTAL
Funds Funds FUNDS
lncominqRqFoul€e
Voluntary lncome
Direct Giving 326,355 30,899 357,254
Grants Received 69,417 12,675 82,092
Events&Activities 56,378 0 56,378
Activities for Generating Funds 5,471 0 5,471
Other Ordinary lncome 13,190 250 13,40
Trading lncome 10,863 0 10,863
lnvestment ln@me 93 2 95
481,767 43,826 525,593
Resoprcep Exnended
GrantsforMissilrn 49,603 1,196 50,799
LayMinistry 55,319 15,762 7{,08t
Support Costs 1,772 0 1,772
Costs directly relating to
the workofthe church 307,392 50,042 358,034
Events and Activities 54,241 0 54,241
Tynings House 0 10,475 10,475
Govemance Costs 3,360 0 3,360
Church Management
and Administration 28,720 79 28,799
Trading Costs 545 0 545
Costs of Generating Funds 224 0 224
5A1J77 78.154 579,331
Netmovementin funds -19,410-34,328 -53,7?7
Total Fund broughtfonrard alA1fi1lZAZA 241,8281,134,09s {,335,923
Transfer between funds -6,98S 6,989
Total Funds caniedforward at31l12l2020 175,4291,108,757 1,292,196
The financial statements arepreparedon agoingconcem basis under the historical cost conventio
The accounB arepresentedinsterling, whichis thetunctionalcurencyofthe charity and rounded
The significant accountingpoliciesappliedinthepreparationofthese financial statements are set o
These policies have been consi$tenfly appliedto allyears presentedunless otherwise stated.
Funds
General funds represent the fundsofthe PCC that arenotsubjecttoany
restrictions regarding theiruseand are availableforapplicationongeneral
purposesofthePCC.Funds designated for a particular purposebythe PCC
are alsounrestricted.The accounts includealltransactions, assets and liabilities
for which the PCC is responsible.
lncominqResources
Volunbryincome and eapital souroes
Collections are recognised when received by oron behaffof the PCC.
lncome tax recoverableongift aid donations is recognised when the income
isrecognised.Grants and legaciestothePGC areaccounted for as soonasthePCC
is notified of its legal entitlementandthe amountdue.Funds raisedby
activities and events are accountedfor gross.
Otherordinaryincome
Rental income from the letting of churchpremisesisrecognised when the rental is received.
lncomefrominvestnenb
lnterestisaccounted for when receivable.
Resources used
Granb
' Grants and donations are accountedforwhenawarded, including those committedatthe year-end.
Activities directlyrclating to {fieworkof the Church
The Diocesan Parish Share (Parish Ministry)isaccounted for whenpayable.
Fi{ed Assets
Consecrabdland andbuildingsand movable churchfumishings
Consecrated and beneficedproperlyandfumishingsareexcluded from the accounts
unders.10ofthe Charities Act2011.Noother items of significantvalue are
known tobeownedbythe Parish.
FreehotdProperty
The church centreisbenoficialty ownedbythePCC.
Costs willbedepreciatedona straightlinebasis over 50years.
The freeholdproperty4TyningsLanewhich waspurchasedduring 2003 is included
atthe amountofthe outstanding mortgage(seenote4) andisdepreciated accordingly.
Cur$niAsseb