## THE COTTERIDGE CHURCH Annual Report & Financial Accounts For The Year End 31st December 2021 1 **CONTENTS** **Trustees‘ Annual Report 2 ….………………………. Independent Examiners # Report………………... Statement of Financial Activities # …………….. Balance Sheet # …………………………………………. Notes to the # Accounts………………………………** Co%eridge Church 2021 Annual Report & Accounts February 2022 2 ## **2021 TRUSTEES’ ANNUAL REPORT** ## **Insert Annual Report Here** ## **Financial Review** Total income for unrestricted funds was £133,505 of which £55,262 was unrestricted voluntary donations, £11,657 from Gift Aid, £26,611 Job Retention Scheme and £1,000 in Legacies. Restricted voluntary income of £287,222 was also received and is detailed in the Financial Statements. Although overall voluntary income increased by 2.5% compared to 2019 this was due to receipt of the Job Retention Scheme funds (£26,611) & Legacies (£1,000) offsetting the decrease in Congregational Giving, Collections & Donations and Gift Aid. The global pandemic caused significant reductions in income from Hire, Catering & The Book Centre. Hire decreased by £16,891 representing a 54% decrease, while Catering decreased by £49,811 representing a 86.7% decrease & The Book Centre decreased by £1,626 representing a 26.7% decrease. £182,388 was spent from unrestricted funds to provide the Christian ministry from Cotteridge Church representing a reduction of 25.3%. This decrease was due to a reduction in the running costs of both the church and its activities due to long periods of closure or reduced use due to the global pandemic. Restricted expenditure in 2020 was £198,337. The investments held by the JCC with CCLA increased in value by £6,205 to £231,494. The net result for the year was an increase in total funds of £71,486 (15.2%) this being made up of a decrease in unrestricted funds of £38,409 and an increase in restricted funds of £109,896. The total fund balances at the year-end stood at £540,820 (Unrestricted: £279,913; Designated £9,225 and Restricted £249,955). Co%eridge Church 2021 Annual Report & Accounts February 2022 3 ## **INDEPENDENT EXAMINER’S REPORT** ## **Independent Examiner’s unqualified report to the members of the Joint Council of The Cotteridge Church, Kings Norton, Birmingham B30 3EJ in respect of the Financial Statements of the Council for the year ended 31[st] . December 2020 as set out on pages to of this Report.** ## **Charity Commission Registration Number 1143091.** ## **Respective responsibilities of the P.C.C. and the examiner.** Joint Council members acting as the charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for the year under section 144 of the Charities Act 2011(the Charities Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Charities Act to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention. ## **Basis of the Independent Examiner’s statement.** My examination was carried out in accordance with the general Directions given by the Charity Commission and the guidance published in PCC Accountability (The Charities Act 2011 and the P.C.C.), 5[th] edition). An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required for an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. ## **Independent examiner’s statement.** In connection with my examination, no material matter has come to my attention which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Charities Act, or the accounts do not accord to the accounting records. I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts is reached. Signed. Date Name Revd. A. A. Clements. Fellow Association of Charity Independent Examiners. Address 15 Carleton Road, Great Knowley, Chorley PR6 8TQ ACIE PCC CC32 Co%eridge Church 2021 Annual Report & Accounts February 2022 4 ## **STATEMENT OF FINANCIAL ACTIVITIES** ||**Notes**|**Unrestricted**|**Designated**|**Restricted**|**Endowment**|**Total**|**Prior year**| |---|---|---|---|---|---|---|---| |||**funds**|**funds**|**funds**|**funds**|**funds**|**total funds**| |**_Income and endowments_**|||||||| |**_from:_**|||||||| |Voluntary income|**(2a)**|122,901|12,655|227,392|—|362,949|381,753| |Investment income|**(2b)**|9,705|—|18|—|9,723|10,407| |Activities for generating funds|**(2c)**|11,437|5,964|376|—|17,777|20,788| |Church activities|**(2d)**|23|11,178|19,810|—|31,011|33,060| |**Total income**||**144,066**|**29,797**|**247,597**|**—**|**421,459**|**446,007**| |**_Expenditure on:_**|||||||| |Church activities|**(3a)**|127,735|34,915|184,593|—|347,243|373,680| |Costs of generating funds|**(3b)**|—|5,009|281|—|5,290|7,046| |**Total expenditure**||**127,735**|**39,924**|**184,874**|**—**|**352,532**|**380,725**| |**Net income / (expenditure)**||**16,331**|**(10,127)**|**62,723**|**—**|**68,927**|**65,282**| |**resources before transfer**|||||||| |**_Transfers_**|||||||| |Transfers between funds - in||4,678|16,751|1,727|—|23,156|7,163| ||**(6)**||||||| |Transfers between funds - out||(16,751)|(3,978)|(700)|(1,727)|(23,156)|(7,163)| |**_Other recognised gains /_**|||||||| |**_losses_**|||||||| |Gains / losses on investment assets||33,548|—|—|—|33,548|6,205| |**Net movement in funds**||**37,806**|**2,646**|**63,750**|**(1,727)**|**102,475**|**71,486**| |**_Reconciliation of funds_**|||||||| |**Total funds brought forward**||**279,913**|**9,225**|**249,955**|**1,727**|**540,820**|**469,334**| |**Total funds carried forward**||**317,719**|**11,871**|**313,705**|**—**|**643,295**|**540,820**| |**_There may be minor discrepancies in the totals_**||||**_if the pence_**|**_are not being shown_**||| Co%eridge Church 2021 Annual Report & Accounts February 2022 5 ## **BALANCE SHEET** ||**Notes**|**General**|**Designated**|**Restricted**|**At**|**At**| |---|---|---|---|---|---|---| |||**Fund**|**Funds**|**Funds**|**31/12/2021**|**31/12/2020**| |**_Fixed assets_**||||||| |Tangible assets|**(7)**|6,421|—|10,373|16,794|25,369| |**Fixed assets**||**6,421**|**—**|**10,373**|**16,794**|**25,369**| |**_Current assets_**||||||| |Cash at bank and in hand|**(8)**|48,617|8,046|275,612|332,275|252,139| |Investments|**(9)**|255,042|—|—|255,042|231,494| |Stocks and work in progress|**(10)**|—|3,825|—|3,825|3,300| |Debtors|**(11)**|10,041|—|29,911|39,953|43,909| |**Current assets**||**313,700**|**11,871**|**305,524**|**631,095**|**530,841**| |**_Liabilities_**||||||| |Creditors: Amounts falling due in|**(12)**|2,402|—|2,192|4,594|15,391| |one year||||||| |**Net current assets less current**||**311,298**|**11,871**|**303,332**|**626,501**|**515,450**| |**liabilities**||||||| |**Total assets less current**||**317,719**|**11,871**|**313,705**|**643,295**|**540,820**| |**liabilities**||||||| |**Total net assets less liabilities**||**317,719**|**11,871**|**313,705**|**643,295**|**540,820**| |**_Represented by_**||||||| |**_Unrestricted_**||||||| |Unrestricted - General fund|**(13)**|317,719|—|—|317,719|279,913| |Co%eridge Church 2021 Annual Report & Accounts||||February 2022||| Co%eridge Church 2021 Annual Report & Accounts 6 |Designated Funds|**(13)**|—|11,871|—|11,871|| |---|---|---|---|---|---|---| |Restricted Funds|**(14)**|—|—|313,705|313,705|| |Endowment Funds|**(14)**|—|—|—|—|1,727| |**Funds of the church**||**317,719**|**11,871**|**313,705**|**643,295**|**540,820**| _**There may be minor discrepancies in the totals if the pence are not being shown**_ Approved by the Trustees of The Cotteridge Church at their meeting on and signed on their behalf by Date ## **NOTES TO THE ACCOUNTS** ## **1. Summary of Accounting Policies** ## **General Information and basis of preparation** The Joint Council of the Cotteridge Church is a public benefit entity with the meaning of FRS102. The financial Statements have been prepared under the Charities Act 2011 and under FRS102 (2016) as the applicable accounting standards, and the 2016 version of the Statement of Recommended Practice, Accounting and Report by Charities (SORP(FRS102)). ## **Assets:** ## **Consecrated and benefice property.** Consecrated and benefice property is excluded and not capitalised in the financial statements in accordance with Charities Act 2011. ## **Fixed Assets** Depreciation has been provided as follows: Solar Panels Straight line over 25 years. Co%eridge Church 2021 Annual Report & Accounts February 2022 7 Equipment & Vehicles Straight line over 4 years. ## **Investments** Investments are recognised at their quoted market price. Unrealised gains or losses are calculated as the difference between the fair value at the year end and their carrying value. ## **Funds:** The financial statements have been prepared using fund accounting. Whereby income, expenditure, assets & liabilities are classified by fund. The 2 types of fund classification present in these accounts are: 1. **Unrestricted Funds** (General & Designated): - a. General Funds are available for use at the discretion of the PCC in delivering the aims and objectives of the charity. - b. Designated Funds are funds that have but have been set aside by the PCC for a particular purpose from the general fund. 2. **Restricted Funds** represent grants, donations and legacies received which are allocated by the donor for a specific purpose. The purpose of funds held by the charity are set out in notes to the financial statements. ## **2. Incoming Resources** ||||Unrestricted|Unrestricted|Designated|
Restricted||Last Year| |---|---|---|---|---|---|---|---|---| ||||Fund||Fund|Funds|Year Total|Total| |**a) **||**Voluntary Income**||||||| |||Planned Giving|49,599|-||47,201|96,800|84,343| |||Collections At Service|3,051|-||-|3,051|2,765| |||Donations & Appeals|37,570|-||91,935|129,505|127,680| |||Gift Aid|9,393|-||10,021|19,414|20,693| |||Grants|-|-||35,090|35,090|57,540| Co%eridge Church 2021 Annual Report & Accounts February 2022 8 |Job Retention Scheme
Grant
5,398
12,655
43,145
61,198
87,732
Legacies
17,892
-
-
17,892
1,000|Job Retention Scheme
Grant
5,398
12,655
43,145
61,198
87,732
Legacies
17,892
-
-
17,892
1,000| |---|---| |**Voluntary income total**
**122,901**
**12,655**
**227,392**
**362,949**
**381,753**|| |**Grants – Church**|—
—
540
540
—| ||| ||—
—
540
540
—
—
—
8,000
8,000
10,000
—
—
—
—
8,190
—
—
—
—
5,000
—
—
—
—
5,000
—
—
—
—
2,500
—
—
3,000
3,000
2,000
—
—
—
—
2,000
—
—
4,000
4,000
—
—
—
—
—
1,500
—
—
—
—
1,000
—
—
1,000
1,000
1,000
—
—
—
—
1,000
—
—
2,000
2,000
—
—
—
1,000
1,000
1,000
—
—
—
—
1,000
—
—
—
—
1,000
—
—
1,000
1,000
1,000| |**Grants – Day Centre**
Roger & Douglas Turner Charitable Trust
The Eveson Trust
WO Street Charitable Trust
DMF Ellis Charitable Trust
The E. & D. Cadbury Trust
Lord Austin Trust
GJW Turner Trust
Grimmit Trust
Baron Davenport Trust
Lynn Foundation
Avon Trust
WG Edwards Charitable Trust
W.E.D Charitable Trust
We Are All Making A Difference
Cole Charitable Trust
Alfred Haines Trust
Measures Trust|| Co%eridge Church 2021 Annual Report & Accounts February 2022 9 |Bernard Piggot Charitable Trust
William A Cadbury Trust
The Sparkhill Trust
Marsh Christian Trust
Gowling WLG Trust
The Cook & Wolstenholme Trust
The K & J Mindelsohn Trust
Lille C Johnson Trust
EH Smith Charitable Trust
Jarman Charitable Trust
M & H Cadbury Trust
Other Small Grants (£500 or under)|—
—
—
—
—
—
—
—
—
—
—
—|
—
750
750
—

—
—
—
750

—
500
500
600

—
500
500
—

—
500
500
—

—
500
500
—

—
500
500
—

—
500
500
—

—
500
500
—

—
200
200
—

—
100
100
—

—
—
—
3,000| |---|---|---| ||—
—|—
24,550
24,550
47,540

—
10,000
10,000
10,000| |**Grants – Food Bank**
Asda||| ||—|—
10,000
10,000
10,000
**—**
**35,090**
**35,090**
**57,540**| |||| |**Grant income total**|**—**
Unrestricted
Fund|| |||Designated
Fund
Restricted
Funds
Year Total
Last Year
Total| |**b) Investment Income**||| |Bank & Deposit Account
Interest
4

Dividends
8,087

Solar Panel Income
1,614
||-
18
22
190
-
-
8,087
8,233
-
-
1,614
1,984| |**Investment income total**
**9,705**
||**-**
**18**
**9,723**
**10,407**| ## **c) Activities for Generating Funds** Co%eridge Church 2021 Annual Report & Accounts February 2022 10 |Hire|10,096|-|-|10,096|14,366| |---|---|---|---|---|---| |Regular Fundraising|487|-|376|863|765| |Other Fundraising|-|-|-|-|1,191| |Book Centre Sales|-|5,964|-|5,964|4,466| |**Activities for generating funds**|||||| |**total**|**10,583**|**5,964**|**376**|**16,923**|**20,788**| ## **d) Church Activities** |Catering Services Sales
Day Centre Attendance
Parochial Fees
Other Income|-
11,088
-
11,088 7,619
-
-
17,956
17,956
23,342
23
-
-
23
44
-
89
200
289
833| |---|---| ||23
11,178
18,156
29,356
31,838| |**Groups**
Boys' Brigade Income
Saplings Income
Pennine Way Trips
Income
Flower Guild Income
Tuesday Fellowship
Income|| ||-
-
763
763
371
-
-
-
-
545
-
-
700
700
222
-
-
130
130
1
-
-
62
62
83| ||-
-
1,655
1,655
1,222| ||| |**Church activities total**|**23**
**11,178**
**19,810**
**31,011 33,060**| Co%eridge Church 2021 Annual Report & Accounts February 2022 11 ## **3. Expended Resources** |**3. Expended Resources**||| |---|---|---| ||Unrestricted
Fund|Designated
Fund
Restricted
Funds
Year Total
Last Year
Total| |**a) Church Activities**
Common Fund
Methodist ApporGonment
URC ApporGonment
Vicarage Costs
Ministry Expenses & Costs
Church Service Costs
Pastoral Costs
Mission & Outreach Work
Messy Church
Youth & Family Work||| ||55,260
8,856
8,412
864
462
2,138
179
150
-
252|- -
55,260
55,260
- -
8,856
8,856
- -
8,412
8,856
- -
864 618
- -
462 642
- -
2,138
1,296
- -
179 339
- -
150 142
- -
-
177
- -
252 2,149| ||76,573|-
-
76,573
78,536| |||| |Staf Wages & Payments
Staf Training& Expenses|23,585
-|29,406 104,667 157,658 165,935
- 145
145
912| ||23,585|29,406
104,812
157,803
166,847| |||| |Ofce & Admin Costs
Insurance
Church UGliGes
Cleaning & Hygiene
Safety & Security
Maintenance & Improvements
Professional Fees
Co%eridge Church 2021 Annual Report &|5,113
3,780
7,853
4,399
1,581
2,828
300|- 1,632
6,745
5,577
- -
3,780
3,800
- -
7,853
8,468
- 5
4,404
3,451
- -
1,581
1,614
- 17
2,846
3,445
- -
300 200| ||Accounts|February 2022| Co%eridge Church 2021 Annual Report & Accounts 12 |DepreciaGon
Other Expenditure|428 - 9,108
9,536
7,952
450 - 222 672 146| |---|---| ||26,732
-
10,984
37,717
34,653| ||| |Day Centre Direct Costs
Catering Services Direct Costs
Foodbank Direct Costs|-
- 2,127
2,127
7,240
-
5,509
-
5,509
8,279
-
- 61,294
61,294
76,681| ||-
5,509
63,421
68,930
92,200| ||| |Boys' Brigade
Saplings
Pennine Way Trips
Tuesday Fellowship|-
- 1,035
1,035
883
-
- -
-
460
-
- 745 745 250
-
- 5
5
50| ||-
-
1,785
1,785
1,644| ||| |**Church ac(vi(es total**|**126,889 34,915 181,003 342,807 373,680**| ## **b) Costs of generating funds** |**b) Costs of generating funds**||||| |---|---|---|---|---| |Fundraiser Costs
|- -|281|281|1,917| |Giving Costs
|- -|-
|-
|38| |Book Centre
|- 5,009
|-
|5,009
|5,091| |**Costs of genera(ng funds total**
|**- 5,009**
|**281**|**5,290**
|**7,046**| ## **4. Unrestricted Fund Movements** |**Fund and type**|**Fund balances**|**Incoming**|**Outgoing**|**Transfers**|**Gains and**|**Fund balances**| |---|---|---|---|---|---|---| ||**brought forward**|**Resources**|**Resources**||**Losses**|**carried forward**| |**Unrestricted**||||||| |General - General fund|279,913|144,066|127,735|(12,073)|33,548|317,719| |**Sub-totals**|**279,913**|**144,066**|**127,735**|**(12,073)**|**33,548**|**317,719**| |||||||| |**Fund and type**|**Fund balances**|**Incoming**|**Outgoing**|**Transfers**|**Gains and**|**Fund balances**| ||**brought forward**|**Resources**|**Resources**||**Losses**|**carried forward**| |**Designated**||||||| Co%eridge Church 2021 Annual Report & Accounts February 2022 13 |Book Centre|5,258|5,964|5,009|(900)|—|5,313| |---|---|---|---|---|---|---| |Catering Services|3,312|23,833|34,915|13,673|—|5,903| |Diocesan Decorating Fund|655|—|—|—|—|655| |**Sub-totals**|**9,225**|**29,797**|**39,924**|**12,773**|**—**|**11,871**| ## **Unrestricted Fund Purposes:** ## **General Fund:** - ➢ Available for use at the discretion of the PCC in delivering its aims and objectives. ## **Designated Funds:** - ➢ **Book Centre Fund** is used for the income & expenditure associated with the book centre selling books & Fairtrade products. - ➢ **Catering Services** is for used for the running of the coffee bar & kitchen at the church and any income & expenditure associated with those services. - ➢ **Diocesan Decorating Fund** is for any internal decorating to the vicarage. ## **5. Restricted Fund Movements** |**Fund and type**|**Fund balances**|**Incoming**|**Outgoing**|**Transfer**|**Gains**|**Fund balances**| |---|---|---|---|---|---|---| ||**brought forward**|**Resources**|**Resources**|**s**|**and**|**carried forward**| ||||||**Losse**|| ||||||**s**|| |**Restricted**||||||| |Trip to Iona|235|—|—|—|—|235| |Cotteridge Christmas Tree|200|4,152|2,912|—|—|1,440| Co%eridge Church 2021 Annual Report & Accounts February 2022 14 |Summer Holiday Club||—|—|—|—|| |---|---|---|---|---|---|---| ||1,000|||||1,000| |Children & Youth Work||—|—|—|—|| ||83|||||83| |Children’s Party||540|307|—|—|233| |Food Ministry|522|—|—|—|—
|522| |**Sub-totals**|**2,040**|**4,692**|
**3,219**|
—|**—**
|**3,514**| |**Church Group’s Restricted**||||||| |Boys’ Brigade|5,055|763|1,035|1,727|—|6,510| |Saplings|129||—|
—|—
|129| |||—||||| |Flower Guild|538|130|371|—|—
|298| |Tuesday Fellowship||62|5|(250)|—|| ||459|||||265| |Pennine Way Trips|132|700|745|
—|—|87| |**Sub-totals**|**6,313**|**1,655**|
**2,156**|
**1,477**|**—**
|**7,288**| |**Food Bank Restricted**||||||| |Food Bank – General|162,201|144,605|58,616|(450)|—|247,741| |Food Bank – Summer Holiday|578|—|—|—|—
|578| |Club||||||| |Food Bank – Advice Worker|554|10,000||—|—
|554| ||||10,000|||| |Food Bank – Equipment Grants||—|1,788|—|—|| ||1,788|||||—| |**Sub-totals**||**154,605**|
**70,403**|
**(450)**|**—**|**248,873**| ||**165 121**|||||| |**Day Centre Restricted**||||||| |DC – General|62,641|85,145|103,765|—|
—|44,021| |DC – Apprentice|2,603|
—||—|—|2,603| |DC – Entertainment & Therapy|5,587|500||—|—|2,821| ||||3,226|||| |DC – Door||—|—|
—|—|3,030| ||3,030|||||| |DC – Computer Equipment|50|—|50|—|—|—| |DC – Making a Difference 2020|1,000|—||—|—|—| ||||1,000|||| |DC – Making a Difference 2021|—|1,000|566|||434| |DC – Nostalgia Posters|600|—|
—|—|—|600| |DC – Rempod|81|—|—|—|—|81| |DC – Christmas & Trips|889|—|449|—|—|440| |**Sub-totals**|**76,481**|**86,645**|
**109,096**|
—|**—**|**54,030**| |Co%eridge Church 2021 Annual Report & Accounts||||February 2022||| 15 **Restricted Total 249,955 247,597 184,874 1,027 — 313,705** ## **Church Restricted Fund Purposes:** - ➢ **Trip to Iona–** Donations towards individuals going on a pilgrimage to Iona (Scotland). - ➢ **Cotteridge Christmas Tree –** Donations towards the costs associated with installing a Christmas tree outside the church. - ➢ **Summer Holiday Club –** From a grant towards the running of a club for children over the summer holidays. - ➢ **Children’s Party –** From a grant towards running a children’s party.. - ➢ **Children & Youth Work –** Proceeds from one third of the total fundraising of the bookstore to be used towards youth & children work. - ➢ **Food Ministry –** Fundraising & Donations towards catering’s food ministry initiative which aims to engage with the community through the use of food. ## **Church Group Fund Purposes:** - ➢ **Boy’s Brigade –** Donations & Subscriptions towards the running of the Boy’s Brigade. - ➢ **Saplings –** Donations & Attendance Fees towards the running of the weekly term-time saplings groups for children. - ➢ **Flower Guild –** Donations & Contributions towards the flowers at services & special events. - ➢ **Tuesday Fellowship –** Donations & Contributions towards the costs & activities of the Tuesday Fellowship group. - ➢ **Pennine Way Trips –** Contributions towards the regular organised coach trips covering both coach hire & attendance. ## **Food Bank Restricted Fund Purposes:** - ➢ **Food Bank – General Fund -** Available for use at the discretion of the B30 Foodbank in delivering its aims and objectives. - ➢ **Food Bank – Advice Worker –** From grant income towards the services of an advice worker to help foodbank users with advice on finance management, etc. - ➢ **Food Bank – Equipment Grants–** From grant income towards the purchasing of an additional vehicle for the foodbank. Co%eridge Church 2021 Annual Report & Accounts February 2022 16 - ➢ **Food Bank - Summer Holiday Club –** From a grant towards the running of a club for children over the summer holidays. ## **Day Centre Restricted Fund Purposes:** - ➢ **Day Centre – General Fund -** Available for use at the discretion of the Day Centre in delivering its aims and objectives. - ➢ **Apprentice** is the result of grants towards the employment of an apprentice. - ➢ **Entertainment & Therapy** was of grants and an ongoing appeal towards the program of activities the Day Centre runs for members. This includes costs associated with the hiring activity facilitators and material costs of some activities. - ➢ **Door** is the result of a number of grants into replacing the entrance fire door that is currently a full wood door with the aim of making the entrance way more welcoming. - ➢ **Computer Equipment** was the result of a grant towards replacement of the office computers and a new computer / media system in the main care rooms - ➢ **We Are All Making A Difference 2020 & 2021** is a donation to be used towards an expenditure that directly impacts the members are the Day Centre not to be used for general day to day expenditure. - ➢ **Nostalgia Posters** is the Result of a grant towards nostalgia and familiarity posters / canvases to be hung around the centre. - ➢ **Rempod Immersive** is the result of a grant from Birmingham City Council towards the buying of a Rempod System. - ➢ **Christmas & Trips** is the result of grants towards the yearly Christmas festivities as well as Day Trips usually in the summer months. ## **6. Transfers Between Funds** |**Note**|**General**
**Designate**
**d**
**Restricte**
**d Funds**
**Endowmen**
**t Fund**
**Total**| |---|---| ||| ||| |Book Centre Designated Fund to Church General Fund
1
Food Bank Restricted Fund to Church General Fund
2
Church General Fund to Catering Designated Fund
3
Catering Designated to Church General Fund
4
Tuesday Fellowship Restricted to Church General Fund
5
Boy’s Brigade Endowment Fund to Boy’s Brigade Restricted Fund
6|900
(900)
—
—
—
450
—
(450)
—
—
(14,301)
14,301
—
—
—
3,078
(3,078)
—
—
—
250
(250)
—
—
—
—
1,727
(1,727)
—| ||**(12,073)**
**12,773**
**1,027**
**(1,727)**
**—**| ||| > **1** £900 transferred from Book Centre Designated fund to Church General Fund as a contribution from the profits of the Book Centre. > **2** £450 transferred from Food Bank Restricted Fund to Church General Fund as a contribution towards the overheads of the building. Co%eridge Church 2021 Annual Report & Accounts February 2022 17 - **3** £14,301 transferred from Church General Fund to Catering Designated to help fund the catering salaries due to significant reductions in catering income. - **4** £3,078 transferred from Catering Designated Fund to General Fund as a contribution back to the church from sales. - **5** £250 transferred from Tuesday Fellowship Restricted Fund to General Fund as a contribution to church overheads. - **6** £1,727 transferred from Boy’s Brigade Endowment Fund to Boy’s Brigade Restricted Fund as it was found to not be an endowment. ## **7. Staff Costs & Payments** ||**Church**
**Catering**
**Day Centre**
**This Year**
**Total**
**Last Year**
**Total**
13,045
—
—
13,045
15,119
6,529
—
2,580
9,109
9,278
2,451
26,956
—
29,406
29,147
—
—
94,509
94,509
100,942
—
—
2,295
2,295
2,295
—
—
—
259| |---|---| |Administration
Cleaner Wages
Catering Wages
Day Care Wages
Treasurer Payments
Security Payments|| ||22,025
26,956
99,384
148,364
157,040| ||| |Social Security Costs|3,307
—
3,306
6,614
6,112| Co%eridge Church 2021 Annual Report & Accounts February 2022 18 |Pension Costs|704
—
1,977
2,680
2,783| |---|---| ||| ||**26,036**
**26,956**
**104,667**
**157,658**
**165,935**| ||| |The average number of
employees|**1**
**2**
**6**
**9**
**10**| ||| During the year, no employee earned £60,000 per annum or more. There are no other disclosable transactions in respect of PCC members, persons closely connected with them or other related parties. ## **8. Fixed Assets** |**8. Fixed Assets**|| |---|---| ||**Food Bank**
**Vehicle**
**Food Bank**
**Fixture &**
**Fittings**
**Food Bank**
**Handling**
**Equipment**
**Solar Panels**
**Total**| |**Cost**
As at 1 January 2021
Additions
Disposals
As at 31 December 2021|| ||17,316
12,887
5,960
10,701
57,270
—
960
—
—
960
—
—
—
—
—| ||17,316
13,847
5,960
10,701
58,230| ||| |**Depreciation**
As at 1 January 2021
Charge for year
As at 31 December 2021|| ||10,679
4,646
2,318
3,852
31,901
2,950
4,171
1,987
428
9,536| ||13,629
8,817
4,305
4,280
41,437| ||| |Net Book Value 31 December
2021|**3,688**
**5,030**
**1,656**
**6,421**
**16,794**| ## **9. Investments** Co%eridge Church 2021 Annual Report & Accounts February 2022 19 ||**Share Fund**
**Property Fund**
**Total**| |---|---| ||| |Market Value – 1stJanuary
Additions
Disposals (Sales)
Revaluation gain / (loss)|156,537
74,856
231,494
—
—
—
(10,000)
(10,000)
21,527
12,021
33,548| ||**168,165**
**86,877**
**255,042**| ## **10. Cash At Bank & In Hand** |**10. Cash At Bank & In**|**Hand**| |---|---| ||**This Year**
**Total**
**Last Year**
**Total**| |Church:
Current Account
Church Soldo Account (Petty Cash)
CCLA Deposit Account
Diocesan Decorating Fund|| ||39,019
17,033
42
—
13,178
5,087
655
655| ||**52,893**
**22,775**| ||| |Day Centre:
Current Account
Reserve Account
Day Centre Soldo Account (Petty
Cash)
Petty Cash|| ||20,970
41,629
30,000
35,039
500
—
195
195| ||**51,665**
**76,863**| ||| |Food Bank:
Current Accounts
Cash in Hand|| ||212,496
138,522
—
—| ||**212,496**
**138,522**| ||| |Other Groups:
Catering
Catering Soldo Account (Petty Cash)
Food Ministry
Book Centre
Flower Guild
Boy’s Brigade|| ||4,993
3,259
185
—
522
522
2,213
2,158
298
538
4,781
5,054| Co%eridge Church 2021 Annual Report & Accounts February 2022 20 |Boy’s Brigade Reserve
Saplings
Pennine Way Trips
Tuesday Fellowship|1,728
1,728
129
129
87
132
265
459| |---|---| ||15,202
13,979| ||| ||| |**Total Cash At Bank & In Hand**|**332,275**
**252,139**| ## **11. Stock** |**11. Stock**|| |---|---| ||**Book Centre**
**Catering**
**Total**| |Cost:
Brought forward 1stDecember 2020
Additions
Disposals
Book Value 31stDecember 2020|| ||3,100
200
3,300
—
525
525
—
—
—| ||**3,100**
**725**
**3,825**| ## **12. Debtors** ||**This Year**
**Total**
**Last Year**
**Total**| |---|---| ||| |Trade Debtors
Other Debtors
Total Prepayments|8,666
6,098
11,143
20,486
20,144
17,325| ||| |**Total Debtors & Prepayments**|**39,953**
**43,909**| ## **13. Creditors** |**This Year**|**Last Year**| |---|---| |**Total**|**Total**| ## **Church Liabilities:** Co%eridge Church 2021 Annual Report & Accounts February 2022 21 |Other Creditors
Accruals
Agency Collections|581
15,018
4,013
226
—
147| |---|---| ||| |**Total Creditors**|**4,594**
**15,391**| ||| |Deferred Income|—
—| ||| |**Total Creditors& Deferred Income**|**4,594**
**15,391**| Co%eridge Church 2021 Annual Report & Accounts February 2022