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2021-12-31-accounts

Page
Reference and administrative
details ofthe charity,		 its Trustees and their advisers
Trustees Report
Independent
Examiner's
Report
Statement
of Financial Activities
Consolidated
Balance Sheet
Balance Sheet
Notes to the Financial Statements 7-12

FOR T HE YEAR ENDED 31DECEMBER 2021
2021 2020
Unrestricted Restricted Total Total
Funds Funds Funds Funds
~Ntes 8 8
Income and Eudowmeats
2 Income from donors 13,502 13,502 21,438
3 Other voluntary
income		 36,850 38,766 75,616 66,953
4 income from operating
activities		 140,706 140,706 106,381
Total income and endowments 191,058 38,766 229,824 194,772
Expenditure
Cost ofgenerating
funds		 28,163 28,163 28,554
Clergy and Staffmg costs 93,848 27,983 121,831 131,854
Building and Maintenance 17,282 14,747 32,029 37,967
Running Costs 13,311 13,311 9,766
Common
Fund		 7,378
Expenditure 152,604 42,730 195,334 215,519
Net movement
in funds		 38,454 (3,964) 34,490 (20,747)
BALANCES BROUGHT FORWARD 172,304 4,000 176,304 197,051
BALANCES CARRIED FORWARD 210,758 36 210,794 176,304

2021 2020
Notes 8 8
FIXEDASSETS
Furniture and Equipment 4,556 1,209
CURRENT ASSETS
10 Cash and Bank 201,924 167,847
11 Stock 5,248 2,865
12 Debtors 7,856 10,925
215,028 181,637
CURRENT LIABILITIES
13 Accruals 2,000 2,000
14 Creditors 6,790 4,542
8,790 6,542
NET CURRENT ASSETS 206,238 175,095
TOTAL ASSETSLESSLIABILITIES 210,794 176,304
ANALYSIS OF FUNDS
Unrestricted 210,758 172,304
Restricted 36 4,000
Total 210,794 176,304
2021 2020
NOTES f, f
FIXEDASSETS
16 Investment in St Mary Aldermary (Trading) Ltd 24,250 24,250
9 Furniture and Equipment
CURRENT ASSETS
10 Cash and Bank 134,620 125,405
12 Debtors 7,622 6,297
Loan to St Mary Aldermary (Trading) Ltd 54,842 30,088
197,084 161,790
CURRENT LIABILITIES
13 Accruals 1,000 1,000
14 Creditors 3,501 3,794
4,501 4,794
NKT CURRENT ASSETS 192,583 156,996
TOTAL ASSETSLESSLIABILITIES 216,833 181,246
ANALYSIS OF FUNDS
Unrestricted 216,797 177,246
Restricted 36 4,000
Total 216,833 181,246

Income from donors
2021 2020
Planned
Giving		 10310 11,970
Collections
and Other Giving		 1,045 7,228
Gift Aid Recovered 2,147 2,240
13,502 21,438
Other voluntary
income
Grants
The Friends ofthe City Churches 5,000
Trust for London 1,290 1,290
Diocesan Fund 2,500 2,750
Worshipful
Company of		 Cordwainers 400 500
HMRC JRS 27,983 57,013
LPOW Grant 6, 193
City ofLondon
Recovery		 Fund Grant 36,850
Tank Regiment 400 400
75,616 66,953
Income from operating activities
Church Yard Trading Stalls 35,095 14,127
Rentaf: Orthodox
Church		 29,340 22,839
Rental: Income Other 6,180 1,445
Sales 70,090 67,958
Fees for weddings
and funerals
Bank Account Interest 12
140,706 106,381

GUILD CHURCH COUNCIL OF STMARY ALDERMARY GUILD CHURCH COUNCIL OF STMARY ALDERMARY GUILD CHURCH COUNCIL OF STMARY ALDERMARY GUILD CHURCH COUNCIL OF STMARY ALDERMARY GUILD CHURCH COUNCIL OF STMARY ALDERMARY GUILD CHURCH COUNCIL OF STMARY ALDERMARY
NOTES TO THE ACCOUNTS AT 31DECEMBER 2021 Page 9
5 Cost ofgenerating fuads
2021 2020
f
Gift Aid and Collection Fees
Performance
and Publicity Costs		 1,880 79
Bank Charges 1,417 1,370
Legal and Professional Fees
Cost ofSales 20,390 19,647
VAT 4,476 7,458
28,163 28,554
6 Clergy aad Staffing Costs
Staff Salaries 88,125 98,603
Employers
National		 insurance 668 1,817
Employers
Pension		 Contribution 2,878 1,841
Payroll
bureau fee		 1,362 1,445
Training 861 234
Recruitment 18
Priest ia charge
- Stipend 13,800 13,800
-National
Insurance		 1,150 1,150
- Pension 5,000 5,000
- Resettlement
Grant		 450 450
-Housing 7,450 7,450
-Pastoral Expenses 69
121,831 131,854
The average
number		 of employees in 2021 was 5.
7 Building and Mainteaance
Insurance 692 880
Church
maintenance		 23,057 27,797
Electricity 5,043 3,251
Gas 2,508 3,722
Water 94 143
Equipment
Maintenance		 635 2, 174
32.029 37,967

Running
Costs
Year to Year to
2021 2020
Organ I Piano tuning
Equipment 3,248 429
Cleaning 2,073 3,329
Cost ofCommunity Events
Worship Costs 1,899 87
Telephone 2,201 2,044
IT 84 69
Postage, printing, stationery 742 686
Donations 33
Governance
costs		 1,980 1,980
Administration Expenses 112
Depreciation of Furniture and Equipment 972 I,109
13,311 9,766
Fixed Assets
Furniture
& Equipment
Cost at
I January		 66,547 66,547
Additions 4,319
Cost at 31 December 70,866 66,547
Depreciation
at		 I January 65,338 64,229
Depreciation
charge		 in year 972 1,109
Depreciation
at		 31 December 66,310 65,338
Net Book Value at 31 December 4,556 1,209
10 Cash Ik Bank
Bank Accounts 201,133 166,932
PayPel 791 702
Cash Floats 213
201,924 167,847
Stock
Host Consumables 5,248 2,865
3,248 2,865

12 Debtors
Year to Year to
2021 2020
g
Gilt Aid Recoverable 21
Grant Receivable 213 4,628
Community Weekend Away
Outstanding Rental Income 7,622 6,297
7,856 10,925
13 Accruals
Governance costs - Independent Examiner 2,000
2,000
14 Creditors
Building and Maintenance 2,617 1,494
Cost ofSales: Cafe Suppliers 166
Rental Deposits 2,300 2,300
VAT 1,873 582
6,790 4,542

15 Movemeat of Funds Movemeat of Funds Movemeat of Funds
Fund at 01/01/21 incoming outgoing gains/ at 31/12/21
losses
Unrestricted 172,304 191,058 152,604 210,758
Restricted doors
Restricted
payroll		 27,983 27,983
Restricted building maintenance 4,000 10,783 14,747 36
176,304 229,824 195,334 210,794
16 Summary ofTrading Activities ofStMary Aldermary (Tradiag) Ltd
The charity holds 24,250 El shares in St Mary Aldermary (Trading) Ltd representing 10'/o ofthe share capital.
2021 2020
8 f.
Turnover 70,018 67,934
Cost OfSales 20,390 19,647
Gross Profit 49,628 48,287
Rent 24,000
Statying 72,610 86,300
HMRC JRSGrant Received (24,019) (50,745)
City ofLondon Grant (15,620)
VAT 4,476 7,458
Other Operating Expenditure 10,545 10,216
Ciiflaided to Parent Charity
Operating
Profit /(Loss)		 ~2236 ~942
Share Capital 24,250 24,250
Reserves (26,196)
~4946		 (4,942)
49398
Fixed Assets 6,204 1,209
Stock 5,248 2,865
Loan from to St Mary Aldermary (54,842) (30,088)
City ofLondon Grant carried forward (21,230)
Bank and Cash 67,306 42,442
Debtors 4,628 4,628
Creditors (4,845) (1,748)
2469 I9 398
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At'( OL'N1		 AY,'rS Sr nUSItSLSS AY,'rS Sr nUSItSLSS AY,'rS Sr nUSItSLSS AI)VISORS
St Mary Aldermary Invoice Number 38506
Watling Street
London		 Tax Point 19/05 2022
EC4M 9BW Client Reference STM8961
Details Net VAT Total
Preparation ofthe Accounts for the above company from the
information
and explanations		 provided by you and forwarding a
copy to you for approval,
signature		 and return:
General and taxation services over the period to date including:
Preparing
the CT600 for the above		 company from the
information
and explanations		 provided by you, and forwarding a
copy to you for approval,
signature		 and return:
St Mary Aldcrmary
(Trading)		 Ltd 20/21 825 00 165.00 99000
Payments:
Cheques payable to:Simia Wall
Bank Tmnsfers to: Total Net Amount 825.00
Son Code: 30-99-86 Account Number. 62527960
Please usc tbe client reference at the top ofthe page Total VAT 165.00
Credit card facility also available,
please ring olticc an 02087325500
Payment Terms: Net 30Days Invoice Total 990.00
Please note: Directors and shareholders
remain personally		 responsible for
outstanding fees incurred
by the company
for work		 carried out by un
Simia Wall is the trading name ofSimia Wall I.LP
EldtWlNbOC423823		 Registered in VAT Reg No:
Phone:		 667 8444 83
02087325500

Maximum available for sumnder
as group relief
Losses oftrades
cerned an whaay		 1 6 1 gg
orpartly in the UK
losses oftrades
carried on wholly
outside the UK

B.Trad in ts
Profit/(loss) per accounts (1,133)
Add disallowable expenses
B1 Depreciation 972
972
C Trading loss 161
81.De latlon
Per Amount
Accounts Disallowed
P&M 972 972
972 972

Trade l osses in period 161
Brought forward trading losses arising on or after 1 April 2017 3,833
Unused trading losses arising after 1 April 2017to carry forward 3,994
Brought forward trading losses arising before 1 April 2017 2,319
Unused trading losses arising before 1 April 2017to carry forward 2,319

2021
2
Turnover 70,018 67,934
Cost ofsales (23,246) (25,839)
Gross profit 46,772 42,095
Administrative expenses (108,774) (97,782)
Other operating income 60,869 50,745
Operaling
profit/(loss)		 (1,133) (4,942)
(Loss)/protlt on ordinary activities before taxation (1,133) (4,942)
Tax on (loss)/profit on ordinary activities
(Lose)/profit for the financial year ~1.133 ~4,242

Balance Sheet
as at 31 December		 2021
Notes 2021f 2020
f
Fixed assets
Tangible assets 5,095 1,209
Current assets
Stocks 5.248 2,865
Debtors 213 4,628
Cash at bank and in hand 67.306 42,442
72,767 49,935
Creditors: amounts falling due
within one year 5 (59,687) (31,836)
Net current assets/(liabilities) 13,080 18,099
Net assets/(liabilities) 18,175 19,308
Capital and reserves
Called up share capital 24,250 24,250
Profit and loss account (6,075) (4,942)
Shareholders'
funds		 18,175 19,308

for the year ended 31 Decemb er 2021
Share Share Re- Profit Total
capital premium valuation and loss
reserve account
2 L L 2 E
At 1 January 2020 24,250 24,250
Profit for the financial year (4,942) (4,942)
At 31 December 2020 24.250 ~4,942 19,398
At 1 January 2021 24,250 (4,942) 'i9,308
Loss for the financial year (1,133) (1,133)
At 31 December 2021 24,250 ~6.~75 18,175

2 Employees 2021 2020
Number Number
Average
number		 of persons employed by the company
3 Tangible fixed assets
Plant and
machinery
etc
2
Cost
At 1 January
2021		 5,587
Additions 4,858
At 31 December 2021 10,445
Depreciation
At 1 January 2021 4,378
Charge for the year 972
At 31 December 2021 5,350
Net book value
At 31 December 2021 5,095
At 31 December 2020 1 2tH
4 Debtors 2021 2020
6
Other debtors 213 4,628
5 Creditors: amounts falling due within one year
Trade creditors 2,972 1,'l66
VAT 1,873 582
Other creditors 54,842 30,088
59,687 31,836

6 Related party transactions Related party transactions Related party transactions 2021
Rent E
Rent paid to the Guild Church Council ofSt Mary Aldermary 24,000
Th 0
klCh
hC		 ll fptM MAM
M		 thh'T. fth 0 2' I ~ h
Donations
The Guild Church Council of St Mary Aldermary
The Guild Church Council of St Mary Aldermary own 100/ of the company's issued shares.
Directors' Remuneration
No members
of the Board received		 any remuneration. Reasonable expenses are met
Loan Account E
Loan from the Guild Church Council of St Mary Aldermary 54,842

2021
L'
70,018 67,934
Cost ofsales (23,246) (25,839)
Gross profit 46,772 42,095
Administrative expenses (108,774) (97,782)
Other operating income 60,869 50,745
Operating
profit/(loss)		 (1,133) (4,942)
(Loss)/profit on ordinary activities before taxatlon ~t.t33 ~4342

for the year e nded 31 December 2021
2021
2
Sales
Sales 70,018 67,934
Cost ofsales
Purchases 23,246 25,839
Administrative expenses
Employee costs:
Wages and salaries 68,585 81,958
Pensions 2,691 1,841
Employer's Nl 1,361
Staff training and welfare 429 234
71,705 85,394
Premises costs:
Rent 24,000
Cleaning 2,073 3,127
26,073 3,127
General
administrative		 expenses:
Stationery and printing 615 240
Packaging and consumables 1,619 1,266
Bank charges 1,320 1,267
Insurance 692 880
Equipment expensed 635 429
Repairs and maintenance 3,248 2,174
Depreciation 972 1,109
9,101 7,365
Legal and professional costs:
Accountancy fees 990 990
Other legal and professional 905 906
1,895 1,896
108,774 97,782
Other operating income
Other operating income 60,869 50,745