| 2021 | 2021 | 2020 | 2020 | |||
|---|---|---|---|---|---|---|
| U/R | R | U/R | R | |||
| Incoming Resources: Page 2 | Note | |||||
| Incoming resources from | donors | 2a | 47,522.03 | 49,090.74 | 100.00 | |
| Other vol. Incoming resources | 2b | 36,025.60 | 286.00 | 53,070.05 | 915.93 | |
| Inc from charitable &ancillary trading |
2c | 44,030.99 | 29,960.74 | |||
| Transfers from investment | accounts | 2d | ||||
| Income from investments | 2e | 10,015.99 | 40,099.34 | 5,357.67 | 23,618.18 | |
| Total Incoming Resources | 137,594.61 | 40,385.34 | 137,479.20 | 24,634.11 | ||
| Resources used: Page 3 | ||||||
| Grants | 3a | 100.00 | 411.89 | |||
| Activities directly related | to church work | 3b | 90,212.64 | 97,229.48 | ||
| Fundraising &publicity expenses |
3c | 302.88 | 498.07 | |||
| Church management &admin |
3d | 7,517.38 | 7,734.34 | |||
| Weddings and Funerals |
3e | 14,647.00 | 4,627.00 | |||
| Total resources used | 112,779.90 | 110,500.78 | ||||
| Net Incoming/(Outgoing) | resources | 24,814.71 | 40,385.34 | 26,978.42 | 24,634.11 | |
| Net Movement in Funds |
24,814.71 | 40,385.34 | 26,978.42 | 24,634.11 | ||
| U/R = Unrestricted. | R = Restricted |
| 2)Incoming Resources | 2021 | 2021 | 2020 | 2020 | |||
|---|---|---|---|---|---|---|---|
| U/R | R | U/R | R | ||||
| 2a) Incoming resources from donors: | |||||||
| Planned Giving —Covenants & |
Non-Covenant | 16,771.07 | 15,996.06 | ||||
| Income Tax recoverable | 3,986.29 | 4,503.49 | |||||
| Collections/open plate all services |
7,058.19 | 5,284.98 | |||||
| Sundries &individual |
1,026.63 | 1,011.75 | |||||
| St.Mary's Parish Share | 8,000.04 | 8,000.04 | |||||
| Legacies &Donations, specific |
&general | 10,679.81 | 14,294.42 | 100.00 | |||
| Donation re new Kneelers |
|||||||
| 47,522.03 | 49,090.74 | 100.00 | |||||
| 2b) Other voluntary incoming |
services: | ||||||
| Stanley Trust &Other Grants | 34,669.84 | 52,330.00 | |||||
| Grants | |||||||
| Fund raising | 1,355.76 | 286.00 | 740.05 | 915.93 | |||
| 36,025.60 | 286.00 | 53,070.05 | 915.93 | ||||
| 2c) Income from charitable &ancillary trading |
|||||||
| Magazines | 109.56 | ||||||
| Bookstall | |||||||
| Daily Church hire |
446.50 | 950.00 | |||||
| Fees - Weddings | 6,321.00 | 3,776.00 | |||||
| Fees - Funerals | 27,878.00 | 15,388.00 | |||||
| Fees —Memorial Book |
30.00 | 229.00 | |||||
| Net Income from St Mary's —Bank Movement |
3,704.57 | 3,544.75 | |||||
| Net Deficit/ Income from other | organisations | 349.08 | 36.57 | ||||
| (Ladies Guild, ASP, Bell Ringers | &Footprint | Club) | |||||
| Rent from Diocease re Wilford | Road | 6,000.00 | 6,000.00 | ||||
| Rent from Diocease re Hopkins | Drive | ||||||
| 44,030.99 | 29,960.74 | ||||||
| 2d) Transfers from Investment | Accounts | ||||||
| 2e) Income from Investments: | |||||||
| Dividends and Interest |
62.90 | 0.80 | |||||
| West Bromwich Building Society interest |
5.77 | 17.63 | |||||
| Net Trust Investment income after revaluations |
9,947.32 | 40,099.34 | 5,339.24 | 23,618.18 | |||
| (Equating to a Net Gain overall) | |||||||
| Youth Fellowship | |||||||
| Profit on Sale of7 Hopkins Drive |
|||||||
| 10,015.99 | 40,099.34 | 5,357.67 | 23,618.18 | ||||
| Total Incoming Resources | 137,594.61 | 40,385.34 | 137,479.20 | 24,634.11 |
| 2021 | 2021 | 2020 | 2020 | |||
|---|---|---|---|---|---|---|
| 3) Resources used: | U/R | R | U/R | R | ||
| 3a)Grants: | ||||||
| Mission Societies | ||||||
| Relief and Development | ||||||
| Home Missions | 100.00 | 411.89 | ||||
| All Secular | ||||||
| Total (Seepage 4J |
100.00 | 411.89 | ||||
| 3b) Activities directly relating to the work of the church: | ||||||
| Parish Share | 49,902.00 | 63,035.00 | ||||
| Incumbent Expenses |
605.45 | 972.75 | ||||
| Vicarage | 1,475.83 | |||||
| Curate —Home Repairs/Maintenance |
1,672.83 | |||||
| Other Clergy Expenses | ||||||
| Church -Gas |
8,616.16 | 6,338.32 | ||||
| Church - Electricity |
3,013.43 | 1,934.17 | ||||
| Church -Water |
136.84 | 266.26 | ||||
| Church - Cleaning Materials |
2,698.84 | 56.03 | ||||
| Church - Bins |
2,151.50 | 1,741.30 | ||||
| Church insurance | 4,299.65 | 4,258.34 | ||||
| Major Repairs | (please see below) | 975.00 | ||||
| Church Maintenance | 8,168.51 | 7,559.17 | ||||
| New Hymn Books | ||||||
| Altar Service Requirements | 1,262.21 | 1,237.31 | ||||
| Church Yard | 4,372.22 | 3,808.00 | ||||
| Bookstall | ||||||
| Training and Mission |
80.00 | |||||
| Salaries (Verger, Choir, Organist | &Cleaner) | 3,430.00 | 3,375.00 | |||
| Coronation Cape |
||||||
| 90,212.64 | 97,229.48 | |||||
| 3c) Fund Raising and Publicity | ||||||
| Fund Raising events expenditure | 302.88 | 498.07 | ||||
| 302.88 | 498.07 | |||||
| 3d) Church Management | &Administration | |||||
| Church Administration | (please see below) | 6,437.38 | 6,654.34 | |||
| Inspection ofAccounts | 1,080.00 | 1,080.00 | ||||
| 7,51738 | 7,73434 | |||||
| 3e)Weddings and Funerals |
||||||
| Paid to Lichfield | 14,647.00 | 4,627.00 | ||||
| 14,647.00 | 4,627.00 | |||||
| Total Resources Used | 112,779.90 | 110,500.78 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| U/R | U/R | ||||
| Major | Repairs | comprises: | |||
| Font Holding Fee | 400.00 | ||||
| Font Final Payment | 575.00 | ||||
| Repaving+ Drains |
|||||
| Organ Work | |||||
| Lighting | |||||
| Fire Risk Assessment | &Signs | ||||
| Sacrisity Work |
| 2021 | 2020 | ||
|---|---|---|---|
| U/R | U/R | ||
| tration comprises: |
|||
| Postage, Printing & Telephone |
Stationery | 1,839.26 | 1,625.09 |
| Bank Charges | 525.54 | 494.81 | |
| Photocopier Lease |
1,789.63 | 2,449.33 | |
| Website | 175.00 | 193.00 | |
| Computer Costs |
112.50 | ||
| Mary Mag. Church Job Advert |
Insurance | 499.50 | |
| Other Adminstration | Expenses | 2,107.95 | 1,280.11 |
| 6,437.38 | 6,654.34 |
| Parochial Church Council ofAll Saints with St.Mary Magdalene |
Parochial Church Council ofAll Saints with St.Mary Magdalene |
Parochial Church Council ofAll Saints with St.Mary Magdalene |
Parochial Church Council ofAll Saints with St.Mary Magdalene |
West Bromwich | West Bromwich | ||
|---|---|---|---|---|---|---|---|
| page 4 | |||||||
| The Church Overseas | and Charities Committee | ||||||
| Allocation offunds | for | the year ended 31December 2021 | |||||
| 2021 | 2021 | 2020 | 2020 | ||||
| U/R | R | U/R | R | ||||
| Missionary Societies | |||||||
| Church Army |
|||||||
| Every Child | |||||||
| G.A.P Family Centre | |||||||
| Ghurkha Welfare Trust |
|||||||
| Relief &Development | Agencies | ||||||
| Christian Aid |
|||||||
| Water Aid | |||||||
| Children In Need |
|||||||
| Indonesia Disaster Collection |
|||||||
| Home Missions | |||||||
| Air Ambulance | 341.89 | ||||||
| Birmingham Childrens |
Hospital | ||||||
| Bishops Lent Appeal | |||||||
| Bishops Ordination | Fund | ||||||
| Childrens Society |
|||||||
| Gifts to Poor of Parish | 70.00 | ||||||
| Ordination Candidates |
Fund | 100.00 | |||||
| RAFA | |||||||
| Sandwell Young Carers |
|||||||
| W Wormwood Trust |
|||||||
| Unnamed Donation |
|||||||
| 100.00 | 411.89 | ||||||
| All Secular Charities | |||||||
| Acorns Hospice | |||||||
| British Red Cross | |||||||
| Lepta | |||||||
| Totals | 100.00 | 411.89 |
| Parochial Church Co | un | cil ofAll Saints with | St.Mary Ma | gdalene West B |
romwich | ||
|---|---|---|---|---|---|---|---|
| Page 5 | |||||||
| Balance Sheet as at | 31December 2021 | ||||||
| Fixed Assets (Page 6) | Note | 2021 | 2021 | 2020 | 2020 | ||
| U/R | R | U/R | R | ||||
| Tangible fixed assets | 4a | 46,237.00 | 46,237.00 | ||||
| Investment Assets |
4b | 292,596.47 | 260,002.64 | ||||
| 46,237.00 | 292,596A7 | 46,237.00 | 260,002.64 | ||||
| Current Assets | |||||||
| CBFDeposit Account | (Page 7) | 51,771.23 | 44,265.72 | ||||
| CBFDeposit Account | - | Balance offunds | 138,000.00 | 138,000.00 | |||
| from sale of7 Hopkins | Drive, still held | ||||||
| by Lichfield at the year | end | ||||||
| West Bromwich Building Society |
56,537.91 | 50,532.14 | |||||
| Investment Fund - CCLA 6203830015 |
66,082.37 | 57,812.09 | |||||
| Decorations Scheme | IDWBRO011 | 352.03 | 352.03 | ||||
| Debtors (Page 8) | 342.00 | 342.00 | |||||
| 30Day Lloyds Deposit | Account | 4,835.28 | 3,157.84 | ||||
| Bell Ringers | 736.78 | 736.78 | |||||
| All Saints Players —Current a/c |
4,004.56 | 4,004.56 | |||||
| -Deposit a/c | 640.72 | 640.72 | |||||
| St. Mary' s | 51,007.99 | 47,303.42 | |||||
| All Saints Footprint Club |
1,297.21 | 1,646.29 | |||||
| Youth Fellowship | |||||||
| Ladies Guild | 995.36 | 995.36 | |||||
| Childrens Society |
|||||||
| Cash at LTSBBank - See Liabilities | 11,869.79 | 6,845.90 | |||||
| 198,702.00 | 189,771.23 | 174,369.13 | 182,265.72 | ||||
| Liabilities | |||||||
| Accruals & Deferred | Income (Page 8) | 1,821.82 | 2,589.66 | ||||
| Net Current Assets | 196,880.18 | 189,771.23 | 171,779.47 | 182,265.72 | |||
| Total Fixed Assets & | Net Current Assets | 243,117.18 | 482,367.70 | 218,016.47 | 442,268.36 | ||
| (Seenote 8) | |||||||
| Less: Long Term Liabilities | |||||||
| Net Assets (Page Sa) | 243,117.18 | 482,367.70 | 218,016.47 | 442,268.36 |
| Parochial Church |
Council ofAll S | aints with | St.Mary Ma | gdalene West Bro |
mwich | ||
|---|---|---|---|---|---|---|---|
| Page sa | |||||||
| Balance Sheet as | at 31December | 2021 | (Continued) | ||||
| Represented by: |
Note | 2021 | 2021 | 2020 | 2020 | ||
| U/R | R | U/R | R | ||||
| Funds: | |||||||
| Funds B/F | 218,016.47 | 442,268.36 | 190,022.12 | 418,650.18 | |||
| Incoming resources | 137,594.61 | 40,385.34 | 137,479.20 | 24,634.11 | |||
| Resources used | 112,779.90 | 110,500.78 | |||||
| Transfer between | U/R & Rfunds | in year | 286.00 - | 286.00 | 1,015.93 - | 1,015.93 | |
| Suspense Items | |||||||
| 243,117.18 | 482,367.70 | 218,016.47 | 442,268.36 |
| 4) Fixed A | ss | ets (for use by the P.C. | C.) | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||||||||
| a) | Tangible Fixed Assets |
Freehold | land | and buildings | ||||||||||
| Cost | ||||||||||||||
| Brought Forward | 46,237.00 | 46,237.00 | ||||||||||||
| Additions | ||||||||||||||
| Disposal (Sale of7 Hopkins | Drive) | |||||||||||||
| Carried Forward |
46,237.00 | 46,237.00 | ||||||||||||
| Depreciation | ||||||||||||||
| Brought Forward | ||||||||||||||
| Charge for year | ||||||||||||||
| Carried Forward |
||||||||||||||
| Net Book Value | ||||||||||||||
| Carried Forward |
46,237.00 | 46,237.00 | ||||||||||||
| Brought Forward | ||||||||||||||
| The "Freehold Land and Buildings" comprises the curate's house located |
at 50, Wilford | Road, | ||||||||||||
| West Bromwich. The gross book value is | based on the value estimated | with the Ecclesiastical | ||||||||||||
| Insurance | Company. | |||||||||||||
| The other | property isat 7, Hopkins |
Drive | West Bromwich | and was owned jointly | with the | Lichfield | ||||||||
| Diocese. The gross book value was based | upon the amount off26,800 | originally | paid by All | Saints | ||||||||||
| PCC for their | share in the property. | All Saints PCC sold their share in | the | property | to Lichfield | |||||||||
| Diocese in | 2019for f145,000and this asset is therefore | disposed of | at | the 2019year end. | ||||||||||
| Depreciation | is again considered inappropriate |
on either | property. | |||||||||||
| b) | ||||||||||||||
| Value @31/12/2021 | Value @31/12/2020 | |||||||||||||
| U/R | R | U/R | R | |||||||||||
| Investment | Trust 243 | |||||||||||||
| Units in CBF's Investment Fund 243IR |
||||||||||||||
| Investment | Trust 1770 | |||||||||||||
| 11619I/F | shares (MB Fund) | 272,094.90 | 238,041.94 | |||||||||||
| 12947 FISFShares (MB Fund) | 20,501.57 | 21,960.70 | ||||||||||||
| 292,596.47 | 260,002.64 |
| Value III | 31/12/2021 | Value III | 31/12/2020 | ||
|---|---|---|---|---|---|
| U/R | R | U/R | R | ||
| Investment Fund re Trust 1770 |
|||||
| Brought | forward | 44,265.72 | 36,712.05 | ||
| Dividend | Income | 7,481.31 | 7,514.52 | ||
| Interest | Received | 24.20 | 39.15 | ||
| Funds released | |||||
| Carried | forward | 51,771.23 | 44,265.72 | ||
| Grand Total | 51,771.23 | 44,265.72 |
| 6) Debtors and Prepayments | 6) Debtors and Prepayments | 6) Debtors and Prepayments | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| U/R 2021 | R2021 | U/R 2020 | R2020 | Total 2021 | Total 2020 | |||||
| Telephone &copier rental |
342.00 | 342.00 | 342.00 | 342.00 | ||||||
| Due from Lichfield Cathedral | bookstore | |||||||||
| Due from St Mary's | Church | |||||||||
| Maintenance contracts |
||||||||||
| 342.00 | 342.00 | 342.00 | ||||||||
| 7) Liabilities | ||||||||||
| U/R 2021 | R2021 | U/R 2020 | R2020 | Total 2021 | Total 2020 | |||||
| Amounts falling due within one year |
||||||||||
| Provisions and deferred |
income | 1,552.00 | 1,552.00 | 1,552.00 | 1,552.00 | |||||
| Bank overdraft | ||||||||||
| Donations owed |
533.66 | 533.66 | 533.66 | 533.66 | ||||||
| Creditors (including |
loan | installment) | 263.84 | 504.00 | 263.84 | 504.00 | ||||
| 1,821.82 | 2,589.66 | 1,821.82 | 2,589.66 | |||||||
| Provisions and Deferred |
Income (Unrestricted | but Designated) | ||||||||
| 2021 | 2020 | |||||||||
| U/R | U/R | |||||||||
| S.Lord | 201.00 | 201.00 | ||||||||
| S.Lord ASPS | 400.00 | 400.00 | ||||||||
| Z Farr | 951.00 | 951.00 | ||||||||
| 1,552.00 | 1,552.00 | |||||||||
| Creditors | 2021 | 2020 | ||||||||
| U/R | U/R | |||||||||
| Bin Collection Costs Outstanding | 200.00 | 200.00 | ||||||||
| Inspection ofaccounts | 1,080.00 | 1,080.00 | ||||||||
| Gas & Electricity Bills Outstanding | 800.00 | 800.00 | ||||||||
| Balance of Parish Share of Expenses | 2,343.84 | 1,576.00 | ||||||||
| Loan repayment | ||||||||||
| 263.84 | 504.00 | |||||||||
| Total Liabilities and | Creditors | 1,288.16 | 2,056.00 | |||||||
| 8)Analysis of Net Assets by | Fund | |||||||||
| U/R 2021 | R2021 | U/R 2020 | R2020 | Total 2021 | Total 2020 | |||||
| Fixed Assets | 46,237.00 | 292,596.47 | 46,237.00 | 260,002.64 | 338,833.47 | 306,239.64 | ||||
| Current Assets | 198,702.00 | 189,771.23 | 174,369.13 | 182,265.72 | 388,473.23 | 356,634.85 | ||||
| Current Liabilities |
1,821.82 | 2,589.66 | — | 1,821.82 | 2,589.66 | |||||
| Fund Balance | 243,117.18 | 482,367.70 | 218,016.47 | 442,268.36 | 725,484.88 | 660,284.83 |