2021-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Philemon Toxteth

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	FOR TH	E YEAR	ENDED 31S	TDECEMBE	R 2021
			Unrestricted	Restricted	Endowment	TOTAL	FUNDS
		Note	Funds E	Funds	Funds E	2021	2020f
INCOME AND ENDOWMENTS	FROM:
Donations and legacies		2	100,608	186,351		286,959	167,898
Charitable activities		3	7,767			7,767	8,319
Other trading actvities		4	0	0
Investments		5	9,090	15		9,105	11,753
TOTAL INCOME			117,465	186,366		303,831	187,970
EXPENDITURE ON:
Charitable Actvities			183,895	85,897	0	269,792	152,376
Raising funds			16,445		0	16,445	2,450
TOTAL EXPENDITURE			200,340	85,897	0	286,237	154,826
			(82,875)	100,469	0	17,594	33,144
Gains/(losses) on investments			239,300		7,986	247,286	1,300
NET INCOME/(EXPENDITURE)			156,425	100,469	7,986	264,880	34,444
TRANSFER BETWEEN FUNDS					0	0	0
NET MOVEMENT IN FUNDS			156,425	100,469	7,986	264,880	34,444
RECONCILIATION OF FUNDS:
TOTAL FUNDS BROUGHT FORWARD
AT 1STJANUARY, 2021			433,960	74,265	67,619	575,844	541,400
TOTAL FUNDS CARRIED FORWARD
AT 31STDECEMBER, 2021			590,385	174,734	75,605	840,724	575,844

BALANCE SHEET AT 3	1STDECEMBER 20	21
	Note	2021f	2020 E
FIXEDASSETS
Tangible Assets	9	4,541	9,082
Investments	10	576,905	329,619
	Total fixed assets	581,446	338,701
CURRENT ASSETS
Debtors		30,800	21,200
Cash at Bank and in Hand		232,289	229,846
	Total current assets	263,089	251,046
LIABILITIES:
Creditors: Amounts falling due within one year	12	3,811	13,903
NET CURRENT ASSETS		259,278	237,143
Creditors: Amounts falling due after more than one year
TOTAL NET ASSETS		840,724	575,844
FUNDS OF THE CHARITY	13
Unrestdicted funds		590,385	433,960
Restricted funds		174,734	74,265
Endowment funds		75,605	67,619
	Total charity funds	840,724	575,844

			F	OR	THE YE	AR	ENDED 31	STDECEM	BER 2021	Continued
							Unrestricted	Restricted	TOTAL	Unrestricted	Restricted	TOTAL
							Funds	Funds	2021	Funds	Funds	2020
									6		F	6
2	Donations	and	le	acies
	Planned Giving:
	Covenants/Gift			aid			58,388	1,200	59,588	59,941	1,200	61,141
	Income Tax Recoverable						15,183	13,500	28,683	13,370	3,775	17,145
	Other	planned		giving			14,111	2,715	16,826	6,380	0	6,380
	Collections (open			plate) at all
	Services						3,126	0	3,126	1,075	0	1,075
	Gift Days						0	19,289	19,289	0	20,540	20,540
	Donations						0	99,055	99,055	27	7,635	7,662
	Grants						9,800	50,592	60,392	9,500	44,455	53,955
							100,608	186,351	286,959	90,293	77,605	167,898
3	Charitable	activities
	Magazine	&Bookstall					631	0	631	0	0	0
	Rent from	Church		Hall/Church
	Property						6,054	0	6,054	6,014	0	6,014
	Wedding	and Funeral			Fees		268	0	268	995	0	995
	Club Activities/Outings/Holidays						814	0	814	1,285	25	1,310
							7,767	0	7,767	8,294	25	8,319
4	Other tradin		actvities
	Fairs/fundraising										0	0
											0	0
5	Investments
	Rent from	Investment			Property		7,500		7,500	9,984	0	9,984
	Dividends	and	Interest		(including	any
	reclaimed	tax)					1,590	15	1,605	1,686	83	1,769
							9,090	15	9,105	11,670	83	11,753

	F	OR		THE YEA	R ENDED 3	1STDECE	1STDECE	MBER 202	1 Continued
					Unrestricted	Restricted		TOTAL	Unrestricted	Restricted	TOTAL
					Funds	Funds		2021	Funds	Funds	2020
					F	F				6	F
6	Charitable Actvities
	Missionary Giving
	Hope Church				0	7,700		7,700	0	0	0
	Ebenezer Church				0	7,700		7,700	0	0	0
	OMF International	UK			2,439		0	2,439	2,238	0	2,238
	North West Partner				1,626		0	1,626	2,238	0	2,238
	Ministry Training Grant				0	9,140		9,140	0	3,190	3,190
	Sundry Donations (&f1,000each)				100		0	100	385	0	385
	Ministry:
	Parish Share				20,419		0	20,419	20,419	0	20,419
	Minister - Housing				12,299		0	12,299	5,177	0	5,177
	Minister - Expenses				656		0	656	709	0	709
	Co-Pastor Salary				27,386		0	27,386	26,585	0	26,585
	Co-Pastor Pension	costs			6,216		0	6,216	6,216	0	6,216
	Co-Pastor - Housing				9,397	2,988		12,385	8,601	0	8,601
	Co-Pastor - Expenses				354		0	354	384	0	384
	Co-Pastor Moving	costs			0		0	0	2,458	0	2,458
	Lay Workers —Salaries				2,488	4'-l,	594	47,082	7,450	35,747	43,197
	Lay Workers - Pension			costs	518	4,667		5,185	0	1,292	1,292
	Lay Worker expenses			&costs	527	6,842		7,369	481	5,220	5,701
	Cleaning and Waste	Disposal			241		0	241	216	0	216
	Rent and Rates				601		0	601	629	0	629
	Heat & Light				4,261		0	4,261	4,079	0	4,079
	Insurance				2,313		0	2,313	4,469	0	4,469
	Repairs &Renewals				72,888		310	73,198	383	0	383
	Service Expenses				2,312		175	2,487	1,980	0	1,980
	Inside Youth Work/Sunday			School	437		0	437	322	93	415
	Club Activities/Outings				980		0	980	1,094	0	1,094
	Education and Training		Expenses		1,585	1,281		2,866	420	1,500	1,920
	Newsletter and Bookstall			costs	685		0	685	41	0	41
	Church holiday				574		500	1,074	0	73	73
	Data Protection/Copyright			Fee	550		0	550	528	0	528
	Telephone				384		0	384	436	0	436
	Depreciation				4,541		0	4,541	4,541	0	4,541
	Legal and professional		fees		4,170		0	4,170	0	0	0
	Independent Examiner's			Fees	1,944		0	1,944	1,848	0	1,848
	Sundries				328		0	328	90	0	90
	Postage, Printing &Stationery				676		0	676	844	0	844
					183,895	85,897		269,792	105,261	47,115	152,376
7	~Ri i fr d
	Fundraising Costs				0			0	0	0	0
	Investment Property Costs				16,445			16,445	2,405	45	2,450
					16,445			16,445	2,405	45	2,450


8	Staff Costs						2021f	2020f
	Wages and Salaries						74,468	69,782
	Social Security Costs						2,794	0
	Pension Costs						11,401	7,508
							88,663	77,290
	The wages paid relate to various	Church Workers		and the	Co-Pastor. No employees		(2020: None)	received
	more than f60,000 remuneration	during the	year.
9	Tan ible Fixed Assets			Freehold			Fixtures
				Land 6			and
			Buildings f				Fittings f	Total f.
	COST OR VALUATION
	At 1stJanuary, 2021						43,645	43,645
	Additions						0	0
	Disposals						0	0
	At 31stDecember, 2021						43,645	43,645
	DEPRECIATION
	At 1stJanuary, 2021						34,563	34,563
	Charge for the year						4,541	4,541
	Disposals						0	0
	At 31stDecember, 2021						39,104	39,104
	NET BOOK VALUE
	At 31stDecember, 2021						4,541	4,541
	At 31stDecember, 2020				0		9,082	9,082
10	Investments			2020		Additions	Net	2021
				Market		(Disposals)	Gain/loss on	Market
				Value		in year	Revaluation	Value
	1,390shares (2018:1,390shares) CBF
	Investment Fund.			28,421			4,086	32,507
	11,711shares (2018:11,711shares) CBF
	Joint Investment Fund.			22,104			3,900	26,004
	CBFDeposit Funds			17,094			0	17,094
	St John's Youth and Community	Centre		190,000			173,538	363,538
	St John's PreSchool Nursery			72,000			65,762	137,762
				329619			247266	576995
	Historical Cost ofInvestments			38,859		0	0	38,859
	Historical Cost of Investment	Property		169,699			0	169,699

11	Debtors:							2021	2020
	Amounts receivable	within		one	ear			E
	income Tax recoverable							30,800	20,700
	Other Debtors							0	500
								30,800	21,200
12	Creditors: Amountsfallin			due within one		ear		2021	2020
								F	F
	Accruals and Deferred Income							1,944	11,848
	Other creditors							1,867	2,055
								3,811	13,903
13	Anal sisof NetAssets		b	Fund
						Unrestricted	Restricted	Endowment
						Funds	Funds	Funds	Total
						F	E		F
	Fixed Assets					505,841	0	75,605	581,446
	Current Assets					88,355	174,734	0	263,089
	Current Liabilities					(3,811)	0	0	(3,811)
	Long Term Liabilities					0	0	0	0
	Fund Balance					590,385	174,734	75,605	840,724

						Transfem
td	~di tdd d		2020 F	Income f	Expenditure F	Gains/Losses	2021
	Unrestricted Funds	are as follows:
	PCC St.Philemon
	General Funds		87,186	117,450	151,777	(2,279)	50,580
	Roof Fund		44,000	0	44,000	0	0
	Capital Asset Fund		9,082	0	4,541	0	4,541
	Warrington Church	Plant Fund	2,238	0	0	1,829	4,067
	Hardship Fund		0	0	0	450	450
	St.John's Youth	&Community	Centre
	Youth &Community	Fund	28,820	15		0	28,835
	Capital Asset Fund		190,000	0		173,538	363,538
	St. John's PreSchool
	PreSchool Funds		634		22	0	612
	Capital Asset Fund		72,000		0	65,762	137,762
			433,960	117,465	200,340	239,300	590,385

							Transfers
Restricted Funds			2020	Income	Expenditure		Gains/Losses	2021
				E	E		E	E
Restricted Funds are		as follows:
PCC St.Philemon
Debt Advice Fund			1,272	(1,272)		0	0	0
Assistant Staff Fund			0	8,515	8,515		0	0
Administrator Salary	Fund		2,274	15,185	16,859		0	600
Operations Fund			0	13,464	13,464		0	0
Children 8 Youth Trip		Fund	348	340		0	0	688
Warrington Church	Plant		30,000	38,645		0	7,889	76,534
Persion Ministry Fund			22,300	3,000		0	0	25,300
JSH Persion/Kurdish		Fund	4,081	10,000	8,505		0	5,576
Kitchen Fund			13,628	0		0	0	13,628
Roof Fund			310	0		310	0	0
City Centre Fund			0	75,100	22,785		0	52,315
Gift Day Fund			0	23,289	15,400		(7,889)	0
Go Chatter Website	Fund		0	100		7	0	93
Weekend Away Fund			52	0		52	0	0
			74,265	186,366	85,897		0	174,734
					Realised		Transfers/
Endowment Funds				2020	Gains/Losses		Gains/Losses	2021
The Endowment Funds are			as follows:		E		E	E
PCC St.Philemon
Sunday	School			3,585			429	4,014
Assistant		Staff Fund		5,974			997	6,971
Sick 8 Poor				798			141	939
Repairs				41,606			6,413	48,019
General	Church		Fund	15,656			6	15,662
				67,619			7,986	75,605