**Charity Registration No. 1154645** **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021** **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **Parochial Church Council** Rev. John Simpson Gareth Beynon Marian Dickinson Gloria Haynes John Lamb Colin Barker James H Clephan Matthew R Tilling Helen M Tolmie-Thomson Dr. Catherine Elphinstone **Charity number** 1154645 **Independent examiner** Rouse Partners LLP 55 Station Road Beaconsfield Buckinghamshire HP9 1QL ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** ## **CONTENTS** **----- Start of picture text -----**
Page
Trustees report 1 - 3
Independent examiner's report 4
Statement of financial activities 5
Balance sheet 6
Notes to the financial statements 7 -16
**----- End of picture text -----**
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** ## **TRUSTEES REPORT** ## _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ The Parochial Church Council present their annual report and financial statements for the year ended 31 December 2021. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Council's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as amended for accounting periods commencing from 1 January 2016) ## **Objectives and activities** The Council's objects are, as defined by the Parochial Church Council (Powers) Measure 1956, 'to co-operate with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical'. Little Missenden Parish aims to enhance the spiritual welfare of our people and communities, practising hospitality by being an 'Open House' all day every day for everyone. We desire to be an inclusive, compassionate, affirming presence at the heart of our community, to practise forgiveness, to demonstrate love in action, to point sacramentally to eternal themes and kingdom values, not least in evoking beauty and mystery in our worship, in topical, challenging preaching, in practising hospitality, in being God's Family. The church relies on the voluntary work of many people within the church and the PCC very much appreciate their service to the church and the local community. ## **Achievements and performance** The electoral roll was 140 (2020: 140) and the median adult attendance on Sundays was 38 (2020: 10). ## **Financial review** In financial terms, 2021 could be considered relatively satisfactory when taking into account the restrictions imposed by the covid pandemic. Attendance at Sunday services increased against the 2020 level and the numbers of casual visitors were similarly greater - measured by visual noting and anecdotal evidence - resulting in a pleasing increase in overall donations, particularly via contactless payments. Membership of the Parish Giving Scheme has grown and the benefits of automatic increases in donations in line with inflation (to which a majority of the donors have agreed) has been very valuable. Social and fundraising opportunities were limited but Sunday cream teas were brought back and the 200 club continued. Hopefully the income from these activities can be restored to pre-pandemic levels and additional events introduced in this Platinum Jubilee year to restore the General account into surplus against a deficit of £2,729. During the year the southern boundary wall has been substantially rebuilt but thankfully the substantial cost has been covered by donations (with the benefit of Gift Aid tax relief). Repairs have been required to the fabric of the porch but the MacEachran Trust has donated £6,000 to the fabric fund and this, together with other private donations, has resulted in the restricted funds showing a surplus for the year of £6,909. Overall there was a surplus of £4, 180 for the year. It is the policy of the Council that in accordance with the Church of England's guidance, the PCC has determined its approach to the need for a Reserves Policy. Best practice looks for a Parish to ensure it holds sufficient cash and/or liquid assets as a percentage of annual expenditure to meet unforeseen emergencies. Considerations at this Parish include general running costs, employee costs and the possible emergence of substantial expenditure related to the maintenance of a Grade 1 listed building. At balance sheet date the free reserves stand at £67,268 (2020: £69,996) which account for 75% of annual running costs. - 1 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** ## **TRUSTEES REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ The Fabric Fund (restricted) holds donations specifically for the maintenance of the fabric. The Davis bequest produces income for that fund and as an endowment fund it is held for the long term and is therefore invested in a CBF equity fund. The Bells Fund (restricted) was established in 2007 in connection with an appeal to raise money for repairs to the bells and is now used for their maintenance. The Graveyard Fund (restricted) was established in 2008 to hold monies given for the maintenance of the churchyards. The 200 Club is a Designated Fund established in 2011. The £5 monthly subscriptions are entered into a draw with 33% paid out in prizes and the balance transferred to the General Fund. The year-end balance represents unpaid cheques and subscriptions paid in advance and is held in a separate bank current account. The Friends of Little Missenden PCC was established in 2015 as a sub-committee of the PCC. The objectives are to advance the mission and ministry of the church, to raise funds to fund that ministry and for the repair and conservation of the church. Funds are held in a separate bank account. ## **Structure, governance and management** The Council is a company limited by guarantee. The Parochial Church Council who served during the year and up to the date of signature of the financial statements were: Rev. John Simpson Gareth Beynon Marian Dickinson Gloria Haynes Dr. William R Waterfield (Resigned 31 December 2021) John Lamb Colin Barker James H Clephan Amy Pridham (Resigned 31 December 2021) Matthew R Tilling Helen M Tolmie-Thomson Dr. Catherine Elphinstone The PCC is a corporate body established by the Church of England. Its governing documents are the Parochial Church Council (Powers) Measure 1956 as amended and the Church Representation Rules. PCC members are recruited in a number of ways. The clergy and churchwardens are members by virtue of their office. Deanery Synod representatives are elected at the Annual Parochial Church Meeting (APCM) and hold office for three years. Other members of the PCC are elected at the APCM for a three year term or may be co-opted during the year. The PCC makes all decisions corporately except that the Standing Committee has delegated powers to make decisions between PCC meetings subject to keeping the PCC informed as necessary. - 2 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** ## **TRUSTEES REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ The PCC is responsible for all parish finance, its management and control, including the appointment of a treasurer. Members of the PCC are responsible for keeping accounting records, which disclose with reasonable accuracy the financial position of the PCC and which enable them to ascertain the financial position of the PCC and which enable them to ensure that the financial statements comply with the Church Accounting Regulations 2006 and the Charities Act 1993. The PCC is also responsible for safeguarding its assets and hence for taking reasonable ste[p] s for the prevention and detection of fraud and other irregularities. The PCC is also re[q] uired to ensure that the financial statements are examined by an independent examiner prior to presentation to the APCM. There are the following committees: Standing Committee - consists of the Incumbent, the Churchwardens, the Licensed Lay Ministers and the Treasurer. The committee has power to transact the business of the PCC between PCC meetings, reporting to the full PCC as appropriate. e chu h is part of the Wendover Deanery, which is part of the Diocese of Oxford . **----- Start of picture text -----**
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- 3 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE PAROCHIAL CHURCH COUNCIL OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** I report on the accounts of the Council for the year ended 31 December 2021, which are set out on pages 5 to 16. ## **Respective responsibilities of Parochial Church Council and examiner** The Council's Parochial Church Council are responsible for the preparation of the financial statements. The charity's Parochial Church Council consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. ## It is my responsibility to: - (i) examine the financial statements under section 145 of the 2011 Act; - (ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and - (iii) to state whether particular matters have come to my attention. ## **Basis of independent examiner's report** My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the financial statements present a 'true and fair view' and the report is limited to those matters set out in the next statement. ## **Independent examiner's statement** Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. In connection with my examination, no other matter except that referred to in the previous paragraph has come to my attention: - (a) which gives me reasonable cause to believe that in any material respect the requirements: - (i) to keep accounting records in accordance with section 130 of the 2011 Act; and - (ii) to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 2011 Act; have not been met or - (b) to which, in my opinion, att ntion should be drawn in order to enable a proper understanding of the financial statements to , e r ached. Rouse Partners LLP Majid Sadeghi ACCA 55 Station Road Beaconsfield Buckinghamshire �=t!�:��.:[i] .[J] _VJ,-_ �:1.[t] .?? - 4 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ |||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Unrestricted**|**Restricted**|**Endowment**|**Total**| |---|---|---|---|---|---|---|---|---|---| |||**funds**|**funds**|
**funds**||**funds**|**funds**|**funds**|| |||**2021**|**2021**|**2021**|**2021**|
**2020**|**2020**|**2020**|**2020**| ||**Notes**|
**£**|**£**|
**£**|**£**|
**£**|**£**|**£**|**£**| |**Income from:**|||||||||| |Donations and legacies|**3**|67,508|20,209||87,717|
91,161|12,400||103,561| |Charitable activities|**4**|18,793||-|18,793|
8,198||-|8,198| |Investments|**5**|15|1,031||1,046|
117|996|-|1,113| |||-|||||||--| |**Total income**||86,316|21,240||107,556|
99,476|13,396||112,872| ||||||||||-| |**Expenditure on:**|||||||||| |Charitable activities|**6**|89,045|14,330|
-|103,375|
90,104|5,513|-|95,617| ||||||||||--| |Net gains/(losses) on investments|**8**||-|5,085|5,085|
-|-|2,287|2,287| ||||-||||||| |**Net movement in funds**||(2,729)|6,910|5,085|9,266|
10,372|6,883|2,287|19,542| |Gross transfers beteen funds|||-||-|1,000|(1,000)||| |**Net movement in funds**||(2,729)|6,910|5,085|9,266|
10,372|6,883|2,287|19,542| |Fund balances at 1 January 2021||69,997|23,997|
35,545|129,539|
59,624|17,114|33,258|109,996| ||||||--||||| |**Fund balances at 31 December 2021**||67,268|30,907|
40,630|138,805|
69,996|23,997|35,545|129,538| ||||||||||-| |The statement of financial acivities includes all gains and losses recognised|||in the year.||||||| |All income and expenditure derive from continuing activities.|||||||||| **-5-** ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** ## **BALANCE SHEET** ## _**AS AT 31 DECEMBER 2021**_ |**Fixed assets**
Investments
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
Net current assets
**Total assets less current liabilities**
**Capital funds**
Endowment funds - general
**Income funds**
Restricted funds
Unrestrictedfunds
Designated funds
General unrestricted funds
**Notes**
**9**
**10**
**11**
**12**
**13**
**2021**
£
99,495
(1,320)
8,515
58,753
he financia statements were approved bythe Parochial Church Council
**Trustee**|**2020**
£
£
40,630
95,313
(1,320)
98,175
138,805
40,630
30,907
7,588
62,408
67,268
138,805
on .. � ..9 **.**·.m�_2C22_
£
35,545
93,993
129,538
35,545
23,997
69,996
129,538|£
35,545
93,993
129,538
35,545
23,997
69,996
129,538| |---|---|---| - 6 - **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** ## **NOTES TO THE FINANCIAL STATEMENTS** ## _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **1 Accounting policies** ## **Charity information** The Parochial Church Council of The Ecclesiastical Parish of St. John the Baptist Church Little Missenden is an unincorporated charity. ## **1.1 Accounting convention** The accounts have been prepared in accordance with the Council's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as amended for accounting periods commencing from 1 January 2016). The Council is a Public Benefit Entity as defined by FRS 102. The Council has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the Council. Monetary amounts in these financial statements are rounded to the nearest £. The accounts have been prepared under the historical cost convention, modified to include the revaluation of investment and certain financial instruments at fair value. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the Parochial Church Council have a reasonable expectation that the Council has adequate resources to continue in operational existence for the foreseeable future. Thus the Parochial Church Council continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the Parochial Church Council in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Council. ## **1.4 Incoming resources** Income is recognised when the Council is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the Council has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of when the refund is received from HMRC. Legacies are recognised on receipt or otherwise if the Council has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. - 7 - **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **1 Accounting policies** ## **(Continued)** ## **1.5 Fixed asset investments** Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred. ## **1.6 Cash and cash equivalents** Cash and cash equivalents include cash in harid, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the Council's contractual obligations expire or are discharged or cancelled. ## **2 Critical accounting estimates and judgements** In the application of the Council's accounting policies, the Parochial Church Council are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. - 8 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **3 Donations and legacies** ||**Unrestricted**|**Restricted**|**Total**|**Total**| |---|---|---|---|---| ||**funds**|**funds**|**2021**|**2020**| ||**£**|**£**|**£**|**£**| |Donations and gifts|53,437|18,438|71,875|84,196| |Legacies receivable|2,000||2,000|5,000| |Tax recovered|12,071|1,771|13,842|14,365| ||67,508|20,209|87,717|103,561| |**For the year ended 31 December 2020**|91,161|12,400||103,561| ## **4 Charitable activities** Church activities and fundraising |**Charitable**|**Charitable**| |---|---| |**Income**|**Income**| |**Heading 1**|**Heading 1**| |**2021**|**2020**| |**£**|£| |18,793|8,198| ## **5 Investments** |**Unrestricted**
**funds**
**2021**
**£**
Investment income
Interest receivable
15
15
**Restricted**
**funds**
**2021**
**£**
1,031
1,031|**Total**
**2021**
**£**
1,031
15
1,046
Unrestricted
funds
2020
£
117
117
Restricted
funds
2020
£
996
996|Total
2020
£
996
117| |---|---|---| |||1,113| - 9 - **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **6 Charitable activities** |**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Parochial expenses
6,578
Church running costs
11,451
14,330
Fund raising costs
1,370
Independent examiner fee
1,320
Priest expenses
2,496
Wedding, funerals & ashes
2,734
Parish shares
63,096
89,045
14,330
**Analysis by fund**
Unrestricted funds
89,045
Restricted funds
14,330
89,045
14,330|**Total**
**2021**
**£**
6,578
25,781
1,370
1,320
2,496
2,734
63,096
103,375
89,045
14,330
103,375|**Total**
**2020**
**£**
7,132
19,492
50
1,320
2,496
2,031
63,096
95,617| |---|---|---| ## **7 Parochial Church Council** None of the Parochial Church Council (or any persons connected with them) received any remuneration or benefits from the Council during the year. Reverend John Simpson received £2,496 as reimbursement for his expenses. - 10 - **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ |**8**|**Net gains/(losses) on investments**||| |---|---|---|---| |||**2021**|**2020**| |||**£**|**£**| ||Revaluation of investments|5,085|2,287| |**9**|**Fixed asset investments**||| ||||**Investment**| ||||**asset**| ||||£| ||**Cost or valuation**||| ||At 1 January 2021||35,545| ||Valuation changes||5,085| ||At 31 December 2021||40,630| ||**Carrying amount**||| ||At 31 December 2021||40,630| ||At 31 December 2020||35,545| |**10**|**Creditors: amounts falling due within one year**||| |||**2021**|**2020**| |||**£**|**£**| ||Accruals and deferred income|1,320|1,320| - 11 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **11 Endowment funds** Endowment funds represent assets which must be held permanently by the Council. Income arising on the endowment funds can be used in accordance with the objects of the Council and is included as unrestricted income. Any capital gains or losses arising on the assets form part of the fund. ||||**Movement in funds**|**Movement in funds**||||**Movement in funds**|**Movement in funds**||| |---|---|---|---|---|---|---|---|---|---|---|---| ||**Balance at**|**Incoming**|**Resources**|**Transfers**|**Revaluations**|**Balance at**|**Incoming**|**Resources**|**Transfers**|**Revaluations**|**Balance at**| ||**1 January 2020**|**resources**|**expended**||**gains and1**|**January 2021**|**resources**|**expended**||**gains and 31 December**|| ||||||**losses**|||||**losses**|**2021**| ||£|£|£|£|£|£|£|£|£|£|£| |**Permanent endowments**|||||||||||| |Davis bequest|33,258||-|-|2,287|35,545|-||-|5,085|40,630| ||---|---|---|---|---|---|---|---|---|---|---| ||33,258|-|-||2,287|35,545|-|-||5,085|40,630| ||---|---|---|---|---|---|---|---|---|---|---| **- 12-** ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JO CHURCH LITTLE MISSENDEN** ## **HE BAPTIST** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **12 Restricted funds** The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grant d on trust for specific purposes: |||**Movement in funds**|**Movement in funds**|||**vement in funds**|**vement in funds**|| |---|---|---|---|---|---|---|---|---| ||**Balance at**|**Incoming**|**Resources**|**Transfers**|**Balance at**|**coming**|**Resources**|**Balance at**| ||**1 January 2020**|**resources**|**expended**|**1**|**January 2021**|**sources**|**expended 31 December**|| |||||||||**2021**| ||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**| |Fabric fund|16,767|2,096|||18,863|10,116|(3,264)|25,715| |Bells fund|761|-|(324)||437|54|(285)|206| |Churchyard fund|(414)|10,300|(5,189)||4,697|11,070|(10,781)|4,986| |Accountancy fee fund|-|1,000||(1,000)||||| ||--|--|--|--||||| ||17,114|13,396|(5,513)|(1,000)|
23,997|21,240|(14,330)|30,907| ||--|--|--|--|--|--|--|--| -13- ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **13 Designated funds** The income funds of the charity include the followin[g ] desi[g] nated funds which have been set aside out of unrestricted funds by the trustees for specific purposes: |||**Movement in funds**|**Movement in funds**||**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**| ||**£**|**£**|**£**|**£**|**£**|**£**|**£**| |200 club fund|
425|2,585|(2,540)|
470|2,485|(2,315)|640| |Friends of|||||||| |Little|||||||| |Missenden|6,297|821||7,118|2,017|(1,260)|7,875| ||6,722|3,406|(2,540)|
7,588|4,502|(3,575)|8,515| ||||||-||| - 14 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ |**14**
**Analysis of net assets between funds**
Fund balances at 31 December 2021 are
represented by:
Investments
Current assets/(liabilities)|**General**
**Restricted Endowment**
**Total**General fund
Restricted Endowment
**fund**
**fund**
**fund**
fund
fund
**2021**
**2021**
**2021**
**2021**
2020
2020
2020
£
£
£
£
£
£
£
40,630
40,630
-
35,545
67,268
30,907
98,175
69,996
23,997
-
67,268
30,907
40,630
138,805
69,996
23,997
35,545
Total
2020
£
35,545
93,993
129,538| |---|---| **-15-** # **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN** **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **15 Related party transactions** There were no disclosable related party transactions during the year (2020- none). -16-