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2021-12-31-accounts

UnN 2022 Mr Michael Richards (resigned 19e May 2021)
Mrs Hizabeth
Hart
Mrs Penelope Coiquhoun
Mrs Jane Cowan
Mrs Tina Staton (elected 12s May 2021)
Until 2023 Mrs Sue Blackman
Mr David Parfitt
Mrs Pafnda Roberts (elected 12'" May 2021)
Vacancy
Until 2024 Mrs Helen Ormrod
Mr Richard
Williams
Mrs Haine Murray
Mr 10eran
Hills

Unrestricted Restrkted Endowment Total Funds Total Funds
Note Funds Funds Funds 2021
INCOMING RESOURCES 2
Voluntary
Income
119480 1000 120480
Activities for generating
funds
3039 3039
Income from investments 1572 1528 3100
Income from Church Activities 18664 18664
Total incoming
esources
f 142755f 2528f - f 145283
RESOURCES EXPENDED
Costs ofgenerating
voluntary
income
Fund Raising Costs 140 140
Church Activities 113614 1882 115496
Governance
Costs
Total resources expended
2040
f 115794f
1882f - f 2040
117676
Net (outgoing)ttincomlng
resources
26961 646 27607
Other recognised galnslfiosses)
Gains /(Losses) on investment assets 12602 12602
Fund transfers
Net movement
ln funds
26961 646 12602 40209
Total funds bmught
forward
1 January 2021
Total funds carried forward 31December 2021
f. 65880 f.
f. 683051 8
105308f
105954f
94556
107158
f
8
855954
896163

f dl f2020 f2020
Comparative
Statement o
nana Activities or :
UarestrkM
estrkted ~ Total Funds
Note Funds Feeds Funds 2020
INCOMING RESOURCES 2
Voluntary
Income
75529 3495 79024
Activities for generating
funds
385 385
Income fmm investments 1810 1418 3228
Income fmm Church Activities
Total incoming
esources
11112
88836f
1308
6221f
-f 12420
95057
RESOURCES EXPENDED
Costs ofgenerating
voluntary
income
Fund Raising Costs 28 28
Church Activities 91235 4816 96051
Governance
Costs
2306 2306
Toed resources expended f 93569f 4816f -f 98385
Net (outgoing)tincomtng
resources
(4733 ) 1405 (3328 )
Other recognised
gains/gosses)
Gains l(Losses) on investment assets ( 3741 ) ( 3741 )
Fund transfers 300 ( 300 )
Net movement
in hands
(4433 ) 1105 (3741) (7068 )
Total funds brought forward
1January 2020
Total funds canied forward 31December 2020
f 660523f
656090f
104203f
105308f
98297f
94556f
863023
855954

Note
FIXEDASSETS
Tangible Fixed Assets 598242 598242
Investment Assets 107158 94556
705400 692798
CURRENT ASSETS
Stock
Debtors 7 2261 5038
Deposits at Central Board ofFinance 129026 128247
Cash at Bank, Building Society and in Hand 61761 32157
193049 165442
CURRENT LIABILITIES
Creditors: amounts falling due within
one year 8 2286
TOTAL ASSETS LESS CURRENT
LIABILITIES 190763 163156
CREDITORS: amounts falling due after
one year
896163 855954
Represented by:
Unrestricted Funds 10 683051 656090
Restricted Funds 10 105954 105308
Endowment Funds 10 107158 94556
f 896163 f &55954

THE PAROCHIAL CHURCH COUNCIL
NOTES TOTHE ACCOUNTS (continued)
THE PAROCHIAL CHURCH COUNCIL
NOTES TOTHE ACCOUNTS (continued)
THE PAROCHIAL CHURCH COUNCIL
NOTES TOTHE ACCOUNTS (continued)
THE PAROCHIAL CHURCH COUNCIL
NOTES TOTHE ACCOUNTS (continued)
OFSTMARY T OFSTMARY T HE VIRGIN, B HE VIRGIN, B ATTLE
FORTHE YEAR ENDED 31DECEMBER 2021U~ Restrkted Total Total
Funds Funds 2021 2020
2 INCOMING RESOURCES
a. Voluntary
income
Planned giving:
Gift Aid Donations 36599 36599 29426
Tax recoverable 12591 12591 13657
Collections at services 10637 10637 11765
Donations 7170 1000 8170 6738
Grants - Other 16907 16907 12134
Ingacies and Donations in Memory 35475 35475 5000
Other Voluntary
Income
f 101
119480
f 1000f 101
120480
f 305
7%&l
b. Activities for generating funds
Christmas
Tree Festival
2828 2828
General fund raising f 211
3039
f -f 211
3039
385
385
c.Income from investments
Dividends
and interest
f 1572 f 1528f 3100 f 3227
d Income from Church Activitks
Church and Church Hall lettings 11133 11133 7801
Bcnedicta Whistler Centre 241 241 744
Fees from weddings
etc
5514 5514 2202
Magazine 1776 1776 366
VAT Reclaim f, 18664 f 1308
12421
TOTAL INCOME RESOURCES f. 142755 f 2528f 145283 f 95057

U estrkted Restrkhd 2021
RESOURCES EXPENDED Funds Funds
tx Costs ofgenerating
voluntary
income
Stewardship
costs
f -f
f 140 f -f 140 f 28
c.Church actlvitks
Ministry costs:
Parish contribution to Diocese 37000 37000 34100
Other clergy costs 13270 13270 11087
Church
running
expenses
16473 910 17383 13741
Church maintenance 10518 10518 6507
Upkeep ofservices 12415 12415 12827
Stationery
and telephone
2629 2629 1626
Expenditure
on magazine
1086 1086 725
Church Halls running costs 16603 16603 9713
Benedicta Whistler Centre 2016 2016 1524
Flowers 972 972 210
Mission, Outreach
and
Charitable Giving 726
Bank charges 333 333 324
Sundry and subscriptions 270 270 433
Summer Food Project 1000
113614
f 1882f 115496 f 2510
96051
d. Governance
costs
Independent
examination
fee
Legal and professional fees f 2040 f -f 2040 f 2306
TOTAL RESOURCES EXPENDED f 115794 f 1882f 117676 f 98385

RTHE YEAR ENDED 31DECE RTHE YEAR ENDED 31DECE RTHE YEAR ENDED 31DECE MBE R 20 21
TANGIBLE FIXEDASSETS R~
Land and Church Fund
BnihBntp Eqalpment Equipment Total
Cost or Valuation
As at 1 January 2021 598242 20063 4285
Additions
Disposal s
As at 31December 2021
598242 f 20063 f 4285 f 622590
Deprectathn
As at I January 2021 20063 4285 24348
Charge for the year
Disposals
As at 31 December 2021
f 20063 f 4285 f 24348
Net BookValue at31December 2021
Net BookValue at31December 2020
f
f
598242
5~2
f
f
-f-f f
f
598242
598242
The land and buildings
comprise the Church Hall which is shown at an
insunmce
valuation,
which is
the deemed valuation
as per the
Trustees.
The equipment
consists ofa photocopier,
the Lady Chapel chairs purchased in 2007, the
piano purchased
in 2NS,
projector and screen purchased in 2011 and kitchen equipment,
safe and chairs purchmd 2012.
INVESTMENT FIXED ASSETS
Investments
held by the Diocese on
behalf ofthe PCC:
Hhrtortcal Market Value
Peranent
endowmentst
Cost 2021 2020
IS74shares in CBFInvesttactn
Fund
3567 36860 32247
l,822shues in CBFlavcsaacat Fund 1500 42668 37328
l,004shares in CBFInvestmeot
Foad
3359 23512 20569
2,601shares io CBF lrotcd interest
~ie endowment:
curities 3525 4118 4412
672sluues in CBFinvestment Pand Chencd Fabric income
Repeirs only
Total Investments f, 107158 94556
DEBTORS
Income tax recoverable
Chichester DBFChancel insurance grant 2262
Prepayments
and accrued
income
Other debtors 2778
2262 f 5038

CREDITORS: amounts
Accruals for utilities and
CREDITORS: amounts
Accruals for utilities and
falBng due
other costs
falBng due
other costs
within one year one year f 2286
9 ANALYSIS OFNET ASSETSBY FUND
Unrestricted estricted Endowment Total
Fuads Fends Funds Feeds
Fixed Assets 598242 107158 705400
Current Assets 87095 105954 193049
Less: Liabilities
Fund Babtnce
~2286 )
683051
105954 f 107158 f ~2286
896163
10 STA~ OFFUNDS
Bahmca Transfers/
b/f other gains c/I
01.0121 xpendltare gt losses 31.1221
Unrestricted
funds
General
fund
644350 103745 107102 640993
Designated
fund
Busy Bees including Buggy 137 355
Stand
Pastoral Care Team 190 110 42 258
Magaiine 3665 1776 1086 4355
Ixsgacies 5000 34475 4000 35475
Summer Food Project 1000 1000
Events Committee 1483 3293 3161 1615
656090 143489 116528 683051
Restricted funds
Fabric funds (incl. Dean snd 88561 761 89322
Church Wstden's
Fabric)
Plower fund 1919 972 1713
Dean and Churchwsrdeus (general 10000 10000
Chicbester DBFChancel insuree' 2261 2261
gtattt
Telham Organ fund 380 380
Telhsm Electricity 136 910 226
StMary's Organ Fund 2053 2053
1882 105954
Endowment
funds
12602 107158
Total funds f 855954 f 158619 f 118410f - f 896163