|||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|
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||||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|
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|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|
##
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|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|
##
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||||||||||
|---|---|---|---|---|---|---|---|---|
|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|
##
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##
|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||
|||OX25 5HD||