| CONTENTS |
|---|
| INTRODLICTION .. |
| AIMS AND PURPOSES |
| OLIECTIVES AND ACTIVITIES. |
| ACHIEVEMENTS AND PERFORMANCE . |
| FINANCIAL REVIEW. |
| LOOKING FORWARD. |
| STATEMENT OF FINANCIAL ACTIVITIES |
| BALANCE SHEET. |
| NOTES TO THE FINANCIAL STATEMENTS |
| INDEPENDENT EXAIVIINER'S REPORT |
| Notes | Unrestricted | Restricted | Endowment | Total | 2020 | ||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| E | K | ||||||
| Giving and donations | 3 | 55,Q26 | 55,026 | 63,842 | |||
| Income from activities | 4 | 34,538 | 34,538 | 28,448 | |||
| Grants received | 9,500 | 9,500 | 1,334 | ||||
| investment income |
2,095 | 2,Q95 | 2,235 | ||||
| Total Income | 91,659 | 9,500 | 101 159 | 95,859 | |||
| Cost of generating | funds | 1,002 | 1,002 | 841 | |||
| Charitable activities |
94,303 | 9,500 | 103,803 | 84,124 | |||
| Total Costs | 95,305 | 9,500 | 104,805 | 84965 | |||
| (Deficit)lSurplus | (3,646) | (3,646) | 10,894 | ||||
| Chan e in market | value | 5213 | 95 | 5118 | 7,922 | ||
| Total Surplus | 1,567 | (95) | 1,472 | 18,816 | |||
| Fund balance brou | ht forward | 92,878 | 1,496 | 1,431 | 95805 | 76,989 | |
| Fund balance carried forward | 94,445 | 1 496 | 1,336 | 97,277 | 95,805 | ||
| Represented by |
|||||||
| Unrestricted | |||||||
| General Fund |
80,985 | 80,985 | 75,796 | ||||
| Designated | |||||||
| Old Tower | 5,000 | 5,000 | 5,000 | ||||
| Parish Magazine | 8,460 | 8,460 | 12,Q82 | ||||
| Restricted | |||||||
| Junior Church | 1,326 | 1,326 | 1,326 | ||||
| Un-named (Graves) |
170 | 170 | 170 | ||||
| Endowment | |||||||
| Stanle Grave |
Trust | 1,336 | 1,336 | 1,431 | |||
| 94445 | 1,496 | 1 336 | 97,277 | 95,805 |
| Notes | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|
| Current Assets | 9 | Investments | (CCLA) | 59,928 | 54,715 | ||
| Barclays Communities | Account | 14,518 | 14,275 | ||||
| Lloyds Current Account (Magazine) | 17,249 | 13,948 | |||||
| CCLA | Deposit | Account | 9,000 | 9,00Q | |||
| Gift Aid | 1,146 | 1,314 | |||||
| 10 | Stanley Grave Trust (Endowment) | 1,336 | 1,431 | ||||
| Account Receivable | 3,014 | 2,8Q8 | |||||
| Total Current | Assets | 106,191 | 97,491 | ||||
| Liabilities | Agency Collections | 149 | (157) | ||||
| Ma azine Pre- | aid Advertisin | 8,765 | 1,843 | ||||
| Total Liabilities | 8,914 | 1,686 | |||||
| Net Asset Su | lus | 97,277 | 95,805 | ||||
| Represented | by Funds: | ||||||
| Unrestricted | 80,985 | 75,796 | |||||
| Designated | 13,460 | 17,082 | |||||
| Restricted | 1,496 | 1,496 | |||||
| Endowment | 1,336 | 1,431 | |||||
| Total | 97,277 | 95,805 |
| 2021 | 2020 | ||
|---|---|---|---|
| E | E | ||
| Collections/envelopes | 13,170 | 9,965 | |
| Standing Orders |
30,084 | 36,604 | |
| One-off donations | 708 | 4,514 | |
| SumUp | 1,272 | 941 | |
| Gift Aid | 9,709 | 11,568 | |
| Legacies | 100 | ||
| SC coffee/Church | box | 83 | 150 |
| Total | 63,842 | ||
| Income from activities | |||
| 2021 | 2020 | ||
| F | |||
| Wedding / Funeral |
Fees | 4,854 | 3,221 |
| Fees for others | 8,135 | 4,558 | |
| Parish Magazine | 5,657 | 10,38'l | |
| Summer Fete | 1,913 | 90 | |
| Advent Market | |||
| Fairtrade | 118 | 169 | |
| Lunch Club | 730 | 973 | |
| Historic Churches | Bike Ride | 145 | |
| Study Centre Hire | 7,Q30 | 5,660 | |
| Study Centre Catering | 250 | 600 | |
| Other income | 2,112 | 538 | |
| Flowers | 156 | 10Q | |
| Listed Places ofWorship VAT refund | 3,186 | 397 | |
| Minist team ex |
enses | 397 | 1,616 |
| Total | 34538 | 28448 | |
| Grants Received | |||
| 2021 | 2020 | ||
| National Churches |
Trust | 5,000 | |
| Hampshire and island Historic Churches Trust |
4,500 | ||
| Ham shire Count |
Council | 1,334 | |
| Total | 9,500 |
| t ofGenerating Funds |
||
|---|---|---|
| 2021 | 2020 | |
| E | ||
| Lent Lecture Expenses | 237 | |
| Study Centre Catering | 159 | 207 |
| Fairtrade | 36 | |
| Lunch Club | 606 | 598 |
| Total | 1,002 | 841 |
| Charitable Activities |
||
|---|---|---|
| 2021 | 2020 | |
| Parish Share | 43,320 | 50,016 |
| Honoraria and bookkeeping |
3,150 | 5,010 |
| Ministry Team Expenses | 1,281 | 2,391 |
| Fees Paid | 6,156 | 3,660 |
| Church Insurance | 2,399 | 2,335 |
| Church repairs —major | 17,904 | |
| Church Repairs | 2,748 | 2,182 |
| Bells and belfry | 290 | |
| Churchyard Upkeep |
200 | 2,735 |
| Church Utilities |
2,176 | 2,186 |
| Parish Magazine | 9,279 | 4,233 |
| Study Centre Repairs | 6,600 | |
| Study Centre Maintenance | 1,684 | 2,129 |
| Study Centre Utilities | 695 | 783 |
| Study Centre Insurance | 600 | 584 |
| Study Centre Cleaning | 1,116 | 794 |
| Office costs | 1,804 | 1,883 |
| Flowers | 74 | 142 |
| Old Tower Costs | 88 | 89 |
| Other | 2,239 | 2,972 |
| Total | 103,8D3 | 84,124 |
| Change in Market Value |
||
| 2021 | 2020 | |
| E | E | |
| Investment Reserve |
5,213 | 7,855 |
| The Stanle Grave Trust |
95 | 67 |
| Chan e in market value |
5,118 | 7,922 |
| the units held are | designated "CBF |
-CoE"and are I | ncome Units | |
|---|---|---|---|---|
| Fund | Holding | Cost | 2021 Value | 2020 Value |
| Units | ||||
| Property | 18,618.1 | 25,000 | 2?,104 | 24,094 |
| Global Equity | 7,108.77 | 12,500 | 21,761 | 18,744 |
| Fixed Interest | 7,002.39 | 12500 | 11063 | 11877 |
| Total | 59,928 | 54,715 |
| Stanl ts. |
ey Gra | ve Trust | is an en | dowment | fund | consistin | g of 844 F |
ixed Inter | est |
|---|---|---|---|---|---|---|---|---|---|
| Fund | Fixed | Interest | Units | 2021 | Value | 2020 | Value | ||
| E | E | ||||||||
| Stanle | Grave | Trust | 844 | 1,336 | 1,431 | ||||
| Total | 1,336 | 1,431 |