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2021-12-31-accounts

Vicar Rev'd Nick Wells (Chair Rev'd Nick Wells (Chair Rev'd Nick Wells (Chair of PCC)
Curate Rev'd Adam Thomas (to February 2021)
Church Wardens Mr David Hyland
Mrs Elizabeth
Willis
Standing Committee ofthe PCC Vicar (Chair), Wardens, Lay Chair, PCC Secretary, PCC
Treasurer
Deanery Synod Reps Mrs Deborah
Edwards
- PCC Secretary
Mr Peter Monaghan - PCC Treasurer (to May 2021)
LLII Representative Mrs Nicola Whitehead
Sunday School leader Mrs Julie Smith
Elected Members Mr David Chapman (to May 2021)
Mrs Paula Chapman (to May 2021)
Mr Dean Cowell
Mrs Linda Hyland
(from
May 2021)
Mrs Angela Lee
Ms Claire Rowlings
Mrs Linda Rowlings
Mrs Julie Webb
Mrs Marion Whitehurst (from May 2021)
Mr Mark Whitehurst (from May 2021)
Treasurer Mr Dean Cowell
Charity number 1143673
Principal address St Cuthbert's
Parish
Office
Church Road
Lytham
Lancashire
FY8 5QL
Website http://stcuthbertslytham. org/
Independent examiner Champion
Accountants
LLP
Unit 2 Olympic
Court
Whitehills
Business
Park
Blackpool
Lancashire
FY4 5GU

Current financial year Current financial year
Unrestricted Restricted Endowment Total Total
funds funds funds
Notes 2021
F
2021
E
2021
F
2021 2020f
Income from:
Donations
and legacies
64,461 4,722 69,183 74,682
Charitable
activities
52,088 52,088 29,539
Other trading
activities
705 705 409
Investments 6,613 6,621 8,289
Total income 123,867 4,?30 128,597 112,919
Ex enditure on:
Charitable
activities
163,404 695 164,099 175,032
Net gains/(losses) on investments 11 23,977 6,053 30,030 9,177
Net movement
in
funds (15,560) 4,035 6,053 (5,472) (52,936)
Fund balances at 1 January 2021 182,738 26,563 42,446 251,747 304,683
Fund balances at 31 December 2021 167,178 30,598 48,499 246,275 251,747

Prior financial year Prior financial year Unrestricted Restricted Endowment Total
funds funds funds
2020 2020 2020 2020
Notes
Income from:
Donations
and legacies
Charitable
activities
Other trading
activities
Investments
73,182
27,539
409
8,265
1,500
2,000
24
74,682
29,539
409
8,289
Total income 109,395 3,524 112,919
Ex enditure on:
Charitable
activities
173,759 1,273 175,032
Net gains/(losses) on investments 11,396 (2,219) 9,177
Net movement
in
funds (52,968) 2,251 (2,219) (52,936)
Fund balances at 1 January 2020 235,706 24,312 44,665 304,683
Fund balances at 31 December 2020 182,738 26,563 42,446 251,747

2021 2020
Notes
Fixed assets
Tangible assets 13 15,611 19,733
Investments 12 230,156 230,125
245,767 249,858
Current assets
Debtors 14 20,119 12,082
Cash at bank and in hand 62,299 52,421
82,418 64,503
Creditors: amounts falling due within
one year (81,910) (62,614)
Net current assets 508 1,889
Total assets less current liabilities 246,275 251,747
Capital funds
Endowment
funds
- general 48,499 42,446
Income funds
Restricted funds 16 30,598 26,563
Unrestricted
funds
Designated
funds
1,000
General
unrestricted
funds 166,178 182,738
167,178 182,738
246,275 251,747

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2021 2021 2021 2020 2020 2020
F
Donations and gifts 61,435 4,622 66,057 72,682 1,500 74,182
Legacies receivable 1,000 100 1,100 500 500
Grants for payroll costs 2,026 2,026
64,461 4,722 69,183 73,182 1,500 74,682

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2021 2021 2021 2020 2020 2020
f F
Interest receivable 6,613 6,621 8,265 24 8,289

Charitable
a
ctivities
2021 2020
f.
Wedding
and
Grants
funeral fees 25,735
6,000
17,507
2,000
Charitable
rental income
18,383 7,886
Other income 1,970 2,146
52,088 29,539
Analysis
by fund
Unrestricted
funds
52,088
For the year
Unrestricted
ended 31 December 2020
funds
27,539
Restricted
funds
2,000
29,539

Direct Direct
charitable charitable
expenditure expenditure
2021 2020
Staff costs 24,900 23,884
Depreciation
and impairment
4,310 4,469
Council tax and water 4,360 7,550
Insurance 4,676 4,620
Light and heat 7,936 5,973
Repairs incl security &fire protection 6,969 11,990
General administration incl stationery 8 photocopying 1,584 1,979
Telephone
and fax
1,434 2,236
Organist costs 1,256 1,807
Weddings
and funerals
3,704 1,941
Service contracts 70 70
Altar requisites 335 341
Donations 60 594
Traidcraft
stall
1,920 1,990
Parish assessment and DBFfees 92,659 96,779
Sundry expenses 6,167 6,237
Cleaning
materials
433 1,060
162,773 173,520
Share of governance costs (see note 8) 1,326 1,512
164,099 175,032
Analysis
by fund
Unrestricted
funds
163,404 173,759
Restricted funds 695 1,273
164,099 175,032
For the year ended 31 December 2020
Unrestricted
funds
173,759
Restricted funds 1,273
175,032

8 Supportcosts Support
costs
Governance
costs
2021 Support
costs
Governance
costs
2020
f
Accountancy
Legal and professional
1,326 1,326 1,278
234
1,278
234
Charitable
activities
1,326 1,326 1,512 1,512

The average monthly
number of employees
during t
he year was:
2021 2020
Number Number
Employment costs 2021 2020f
Wages and salaries 24,900 23,884

Net gains/(l osses)
on investments
Unrestricted Endowment Total Total
funds funds
general
2021 2021 2021 2020
Revaluation of investments 21,358 6,053 27,411 2,836
Gain/(loss) on sale of investments 2,619 2,619 6,341
23,977 6,053 30,030 9,177
For the year ended 31
December 2020
11,396 (2,219) 9,177

Fixed asset investments
Unlisted
investments
E
Cost or valuation
At 1 January 2021 8 31 December 2021 230,125
Carrying
amount
At 31 December 2021 230,125
At 31 December 2020 230,125

Tangible fixe d assets
Plant and Fixtures, Total
machinery fittings
&
equipment
Cost
At 1 January 2021 3,355 69,496 72,851
Additions 189 189
At 31 December 2021 3,355 69,685 73,040
Depreciation and impairment
At 1 January 2021 2,010 51,109 53,119
Depreciation charged in the year 336 3,974 4,310
At 31 December 2021 2,346 55,083 57,429
Carrying
amount
At 31 December 2021 1,009 14,602 15,611
At 31 December 2020 1,346 18,387 19,733

Debtors
2021 2020
Amounts
falling due within one year:
f.
Trade debtors 19,948 11,138
Prepayments and accrued income 171 944
20,119 12,082

Creditors: amounts
f
alling due within one year
2021 2020
f
Other taxation and social security (322)
Trade creditors 76,044 54,044
Accruais and deferred income 6,188 8,570
81,910 62,614

Movement in funds Movement in funds
Balance at Incoming Resources Balance at Incoming Resources Balance at
1 January 2020 resources expended1 January 2021 resources expended 31 December
2021
Organ appeal 11,410 24 11,434 101 11,535
Bell fund 1,811 1,811 1,811
Rose Queen 533 533 533
Hall/kitchen 3,303 3,303 4,272 7,575
Tower
pointing 2,046 2,046 2,046
BCP teaching 2,000 2,000 2,000
Organ
repairs 8
maintenance 1,050 1,050 1,050
Childrens
work 100 100 100
Sundry
smaller funds 178 178 107 285
Julia Bell
worship 692 692 692
Youth club 1,189 1,189 1,189
Donations 500 (500)
Streaming
equipment 3,000 (773) 2,227 (445) 1,782
Angel Wings 250 (250)
24,312 3,524 (1,273) 26,563 4,730 (695) 30,598

Movement Movement
in funds in funds
Incoming Balance at Incoming Balance at
resources1 January 2021 resources 31 December
2021
Childrens Work 1,000 1,000
1,000 1,000

Analysis ofnet assets between funds
Unrestricted Restricted Endowment Total
funds funds funds
f.
Fund balances at 31 December 2021 are
represented
by:
Tangible assets
Investments
13,829
152,841
1,782
28,816
48,499 15,611
230,156
Current
assets/(liabilities)
508 508
167,178 30,598 48,499 246,275