| Annual Re ort |
and Financial | and Financial | Statements | Statements | of | |||
|---|---|---|---|---|---|---|---|---|
| The | Parochial Church Council ofthe |
Ecclesiastical | Parish | of | ||||
| St Paul's Church | Warwick | Road | Banbu | |||||
| Re istered Charit | Commission | Number: 1153218 | ||||||
| Year Ended | 31"December | 2021 | ||||||
| Contents | Page | |||||||
| 1. | Annual Report |
|||||||
| 2. | Statement of Financial Activities | 7-8 | ||||||
| 3. | Balance Sheet | |||||||
| 4. | Statement ofCash Flows | 10 | ||||||
| 5. | Notes to the Financial Statements | 11-22 | ||||||
| 6. | Report ofthe Independent Examiner |
23 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | 2020 | |||
| Note | f | f | f | f | ||
| INCOMING RESOURCES |
||||||
| Voluntary income |
2(a) | 105,374 | 61,976 | 167,351 | 141,902 | |
| Income from investments | 2(b) | 571 | 571 | 4,259 | ||
| Church activities | 2(c) | 1,378 | 2,966 | 4,344 | 6,914 | |
| Grant Income | 2(&I) | 3,648 | 3,648 | 3,648 | ||
| TOTAL INCOMING RESOURCES |
106,752 | 69,161 | 175,913 | 156,723 | ||
| RESOURCES EXPENDED | ||||||
| Missionary and charitable |
giving | 3(a) | 9,000 | 9,000 | 13,000 | |
| Church Running Expenses |
3(b) | 23,942 | 15,148 | 39,090 | 29,859 | |
| Other Church Activities | 3(c) | 3,236 | 3,236 | 3,758 | ||
| Diocesan parish share | 3(d) | 42,837 | 42,837 | 38,943 | ||
| Salary Costs | 3(e) | 58,321 | 7,274 | 65,596 | 58,839 | |
| Space Project | 3(f) | |||||
| Governance | 3(g) | 1,020 | 1,020 | 1,020 | ||
| TOTAL RESOURCES EXPENDED | 135,121 | 25,659 | 160,779 | 145„418 | ||
| NET INCOME BEFORE TRANSFER | (28,369) | 43,502 | 15,134 | 11,305 | ||
| GROSS TRANSFERS BETWEEN | (11,189) | 11,189 | ||||
| FUNDS | ||||||
| NET MOVEMENT OF FUNDS | (39,558) | 54,691 | 15,134 | 11,305 | ||
| Balances b/forward 1January 2021 |
181,111 | 1,157,509 | 1,338,620 | 1,327,316 | ||
| Balances c/forward 31December 2021 |
141,553 | 1,212,200 | 1,353,754 | 1,338,621 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| Funds | Funds | 2020 | |||
| Note | f | f | f | ||
| INCOMING RESOURCES |
|||||
| Voluntary income |
2(a) | 116,011 | 25,891 | 141,902 | |
| Income from investments | 2(b) | 4,259 | 4,259 | ||
| Church activities | 2(c) | 2,906 | 4,008 | 6,914 | |
| Grant Income | 2(d) | 3,648 | 3,648 | ||
| TOTAL INCOMING RESOURCES |
118,917 | 37,806 | 156,723 | ||
| RESOURCES EXPENDED | |||||
| Missionary and charitable |
giving | 3(a) | 10,386 | 2,614 | 13,000 |
| Church Running Expenses |
3(b) | 28,269 | 1,590 | 29,859 | |
| Other Church Activities | 3(c) | 3,758 | 3,758 | ||
| Diocesan parish share | 3(cl) | 38,943 | 38,943 | ||
| Salary Costs | 3(e) | 46,436 | 12,403 | 58,839 | |
| Space Project | 3(f) | ||||
| Governance | 3(g) | 1,020 | 1,020 | ||
| TOTAL RESOURCES EXPENDED | 125,053 | 20,365 | 145,418 | ||
| NET INCOME BEFORE TRANSFER | (6,137) | 17,441 | 11,305 | ||
| GROSS TRANSFERS BETWEEN FUNDS | |||||
| NET MOVEMENT OF FUNDS | (6,137) | 17,441 | 11,305 | ||
| Balances b/forward 1January 2020 |
187,248 | 1,140,068 | 1,327,316 | ||
| Balances c/forward 31December 2020 | 181,111 | 1p157,509 | 1,338,621 |
| BALANCE SHEET AS AT3 | 1 | DECEMBE | R 2021 | ||||
|---|---|---|---|---|---|---|---|
| Note | 2021 | 2020 | |||||
| E | E | ||||||
| FIXEDASSETS | |||||||
| Tangible 10Hardwick |
Park | ||||||
| (50%ofcost) | 122,500 | 122,500 | |||||
| Equipment | 5,449 | 5,449 | |||||
| Less Depreciation | 4,479 | 970 | 3,511 | 1,938 | |||
| Total fixed assets | 123,470 | 124,438 | |||||
| CURRENT ASSETS | |||||||
| Debtors and Prepayments | 22,602 | 31,914 | |||||
| Short term deposits | |||||||
| CCLA Investment | 1,167,493 | 1,016,923 | |||||
| Cash at bank and in hand | 54,633 | 171,444 | |||||
| 1,244,728 | 1,220,281 | ||||||
| LESSCURRENT LIABILITIES |
|||||||
| Creditors | 14,446 | 6,099 | |||||
| Total net current assets | 1,230,283 | 1,214,182 | |||||
| Total fixed and net current | assets | 7 | 1,353,753 | 1,338,620 | |||
| Funds | |||||||
| Restricted funds | 10 | 1,212,200 | 1,157,509 | ||||
| Unrestricted designated |
funds | 107,805 | 118,994 | ||||
| Unrestricted | 33,747 | 62,116 | |||||
| TOTAL FUNDS | 1,353,753 | 1,338,620 |
| Note | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|
| E | E | ||||||
| Cash flows from operating | activities | ||||||
| Net «ash provided by operating activities |
12 | 33,189 | 11,367 | ||||
| Cash flows from investing | activities | ||||||
| Interest from investments | 571 | 4,259 | |||||
| Purchase offixed assets | |||||||
| Net cash provided by/(used |
in) investing | activities | 571 | 4,259 | |||
| Cash flows from financing | activities | ||||||
| Change in cash and cash equivalents |
in the | reporting | |||||
| period | 33,760 | 7,108 | |||||
| Cash and cash equivalents | at the beginning | ofthe | |||||
| reporting period |
13 | 1,188,367 | 1,195,475 | ||||
| Cash and cash equivalents | at the end | of | the | reporting | |||
| period | 13 | 1,222,127 | 1,188,367 |
| 2.Incoming Resou | rce | s | ||||||
|---|---|---|---|---|---|---|---|---|
| Total | Total | |||||||
| Unrestricted | Restricted | Funds | Funds | |||||
| Note | Funds | Funds | 2021 | 2020 | ||||
| f | f | f | f | |||||
| Voluntary income |
2(a) | |||||||
| Donations | 87,049 | 59,030 | 146,079 | 123,102 | ||||
| Income Tax Recoverable | 18,325 | 2,946 | 21,271 | 18,800 | ||||
| Legacies | ||||||||
| 105,374 | 61,976 | 167,351 | 141,902 | |||||
| Income from Investments | 2(b) | |||||||
| CBF Cof E Investment | Fund | 571 | 571 | 4,259 | ||||
| 571 | 571 | 4,259 | ||||||
| Income from church | activities | 2(c) | ||||||
| Fees for weddings | 8 | funerals | 644 | 2,966 | 3,610 | 5,505 | ||
| Hall lettings | 734 | 734 | 1,409 | |||||
| Ministry Events |
||||||||
| Miscellaneous | ||||||||
| 1,378 | 2,966 | 4,344 | 6,914 | |||||
| Grant Income | 2(d) | |||||||
| BCUK Funding | 3,648 | 3,648 | 3,648 | |||||
| 3,648 | 3,648 | 3,648 | ||||||
| TOTAL INCOMING | RESOURCES | 106,752 | 69,161 | 175,913 | 156,723 |
| 2.Incoming Resou |
rc | es (continued) | ||||
|---|---|---|---|---|---|---|
| Total | ||||||
| Unrestricted | Restricted | Funds | ||||
| Note | Funds | Funds | 2020 | |||
| f | f | f | ||||
| Voluntary income |
2(a) | |||||
| Donations | 97,211 | 25,891 | 123,102 | |||
| Income Tax Recoverable | 18,800 | 18,800 | ||||
| Legacies | ||||||
| 116,011 | 25,891 | 141,902 | ||||
| Income from Investments | 2(b) | |||||
| CBF Cof E Investment | Fund | 4,259 | 4,259 | |||
| Lloyds Bank Deposit | Bond | |||||
| 4,259 | 4,259 | |||||
| Income from church | activities | 2(c) | ||||
| Fees for weddings | & | funerals | 1,497 | 4,008 | 5,505 | |
| Hall lettings | 1,409 | 1,409 | ||||
| Ministry Events |
||||||
| Miscellaneous | ||||||
| 2,906 | 4,008 | 6,914 | ||||
| Grant Income | 2(d) | |||||
| BCUK Funding | 3,648 | 3,648 | ||||
| 3,648 | 3,648 | |||||
| 118,917 | 37,806 | 156,723 |
| 3.Resources Expended | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Funds | Funds | |||||
| Note | Funds | Funds | 2021 | 2020 | ||||
| f | E | E | E | |||||
| Missionary and charitable |
giving | 3(a) | ||||||
| Overseas Mission |
6,500 | 6,500 | 7,986 | |||||
| UK Mission | 2,500 | 2,500 | 2,400 | |||||
| Special Collections | 2,614 | |||||||
| 9,000 | 9,000 | 13,000 | ||||||
| Church running expenses |
3(b) | |||||||
| Children's and families |
work | 1,116 | 505 | 1,621 | 1,888 | |||
| Buildings maintenance | and | running | costs | 8,885 | 3,266 | 12,151 | 12,441 | |
| Sunshine Centre Rent |
||||||||
| Hardwick Park |
2,560 | 6,955 | 9,516 | 3,142 | ||||
| Office Costs | 3,156 | 3,156 | 3,107 | |||||
| Evangelism Ik Socials |
936 | 425 | 1,361 | 1,537 | ||||
| Clergy Expenses | 4,701 | 4,701 | 2,937 | |||||
| Depreciation | 968 | 968 | 968 | |||||
| Other | 2,586 | 3,030 | 5,616 | 3,839 | ||||
| 23,942 | 15,148 | 39,090 | 29,859 | |||||
| Other Church activities | 3(c) | 3,236 | 3,236 | 3,758 | ||||
| Ministry: Diocesan parish |
share | 3(&I) | 42,837 | 42,837 | 38,943 | |||
| Salary Costs | 3(e) | 58,321 | 7,274 | 65,596 | 58,839 | |||
| Space Project | 3(f) | |||||||
| Governance | ||||||||
| Independent Examination |
Fee | 3(g) | 1,020 | 1,020 | 1,020 | |||
| TOTAL RESOURCES EXPENDED | 135,121 | 25,659 | 160,779 | 145,418 |
| 3.Resources Expended | (continued) | Total | ||||||
| Unrestricted | Restricted | Funds | ||||||
| Note | Funds | Funds | 2020 | |||||
| f | f | f | ||||||
| Missionary and charitable |
giving | 3(a) | ||||||
| Overseas Mission |
7,986 | 7,986 | ||||||
| UK Mission | 2,400 | 2,400 | ||||||
| Special Collections | 2,614 | 2,614 | ||||||
| 10,386 | 2,614 | 13,000 | ||||||
| Church running expenses |
3(b) | |||||||
| Children's and families |
work | 1,888 | 1,888 | |||||
| Administrator | ||||||||
| Buildings maintenance | and | running | costs | 11,941 | 500 | 12,441 | ||
| Sunshine Centre Rent |
||||||||
| Hardwick Park |
3,142 | 3,142 | ||||||
| Office Costs | 3,107 | 3,107 | ||||||
| Evangelism &Socials |
1,537 | 1,537 | ||||||
| Clergy Expenses | 2,937 | 2,937 | ||||||
| Depreciation | 968 | 968 | ||||||
| Other | 2,749 | 1,090 | 3,839 | |||||
| 28,269 | 1,590 | 29,859 | ||||||
| Other Church activities | 3(c) | 3,758 | 3,758 | |||||
| Ministry: Diocesan parish |
share | 3(d) | 38,943 | 38,943 | ||||
| Salary Costs | 3(e) | 46,436 | 12,403 | 58,839 | ||||
| Space Project | 3(f) | |||||||
| Governance | ||||||||
| independent Examination |
Fee | 3(g) | 1,020 | 1,020 | ||||
| TOTAL RESOURCES EXPENDED | 125,053 | 20,365 | 145,418 |
| John Dovey FCCA | Dovey Accountancy | Services Ltd | |
|---|---|---|---|
| INDEPENDENT | KXAVIINKR | Heyford Park House | |
| Heyl'ord Park | |||
| Date. .'P. ..4.. .'...(o.....P..Q.P.:c7..»....... | Upper Heyford Pdccstcr |
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