|Information
on the Church|and Council| |---|---| |Annual report of the PCC|| |Report ofthe Independent|Examiner| |Statement ofFinancial Activities|| |Ialance Sheet|| |Notes forming part of the|Financial Statenwnts| ## ## ## ## |The PCC is also|The PCC is also|the managing|the managing|the managing|trustee ofthe Parish Close Trust Fund, a registered|trustee ofthe Parish Close Trust Fund, a registered|trustee ofthe Parish Close Trust Fund, a registered|trustee ofthe Parish Close Trust Fund, a registered|trustee ofthe Parish Close Trust Fund, a registered|charity created in 1976,This fund holds a|charity created in 1976,This fund holds a| |---|---|---|---|---|---|---|---|---|---|---|---| |permanent|endowment|||fund, irom which the capital and income are||||available|to support the fabric and activities ofthe parish||| |church ofStPeters, Ash.|||||||||||| |Membership|||||||||||| |Members ofthe||PCC are either ex officio||||or elected by the|annual|pamchial|church meeting||in accordance with the Church| |Representational||Rules.|||||||||| |During the|year|to 31December 2021,the||||following served|as members ofthe||PCC:||| |incumbent:|||||||||||| |||||||The Reverend Keith Bristow - Chair|||||| |||||||Thc Reverend Carol Monk - Quate|||||| |||||||Mr PRose - Churchwarden
and Vice Chair|||||| |Readers:|||||||||||| |%ardens:|||||||||||| |Representatives|||on the Deanery Synod:||||||||| |||||||Mrs CHirst|||||| |||||||Mrs STaylor|||||| |PCC Secretary|||||||||||| |||||||Ms LTaUon|||||| |PC+Treasurer|||||||||||| |||||||Mrs STaylor|||||| |Klected members|||and|years served:|||||||| |||||||Mrs 1Hurst|||||| |||||||Mrs RBond|||||| |||||||Mrs CHurcornbe|(resigned 24N4/2021)||||| |||||||Mrs 8Rose|||||| |||||||Mrs V Crow|||||| |||||||Mr C gfnkns|||||| |||||||Mr H Chuens|||||| |||||||Mrs EStokes|||||| ## ## ## ## ||||2021|2020|l(&ventent| |---|---|---|---|---|---| |Ctross income (other|than grants)||72,251|71,447|804| |Expenditure
for year|(excluding fabric/maintenance|ofthe Church|||| |aud the StPeter's Centre)|||(111,019)|(9I,731)|(19$,88)| |Operating
surplus i(deficit)|||(38,768)|~(20,284|~((8,484| |Grants trom trust funds and diocese|||||| |Parish Close|||20,220|20,220|0| |Heathcote Trust|||11,000|IO,OOO|1,000| |100Club/Fabric
fund|||5,000||| ||||36,220|30,220|| |Bnpe44ait444e on Zebtio/
888eittte44enoo ortho Ch348oh||e38d|||| |the Stpeter's Centre|||{20,946)|{I4,840)|| |Net grants supporting|operating costs||15274|15,380|(5,106)| |Net surplus/(deficit)|for the year|||(4,903)|~18,392)| ## ## ## ## ## ## ## ## ## ## ## ## ## ||||UIBvstnc ted|Restricted|Total|Total| |---|---|---|---|---|---|---| |||@ore|Funds|Funds|Funds2'|Funds
2N//| |Incoming resources||||||| |Donors||||2,535|41,130|32,838| |Other voluntary
resources||||36,220|36„220|30,220| |Other voluntary
resources|- Fabric Fund||59||59|30| |Income from fees and ancillary trading|||28,660||28,660|29„429| |Interest and dividend
income|||278||278|271| |Other income|||2,124||2,124|3,880| |Grants and donations||||||5,000| ||||||108,471|| |Ontgonlg I'esoul'ces:||||||| |Activities relating to the work ofthe church
Fund raising and publicity costs|||89,198
20|28,056
3,300|117/54
3,320|95,502
437| |Church management
and|administration||11,392||11,392|10,631| ||||100,610|31,356|131,966|106,570| |Wet lnconlhlg/(outgoing)|resources and net|||||| |movement
in funds for the year|||{30,894)|||| |Transfers
between funds||||||| |Funds transferred|||32,023|(32,023}||| |Surplus/(Deficit)
for the|year|||(24,624)|(23,495)|(4,903)| |Funds at beginning
of'year||||74,288|89,130|| |Funds at end ofyear|||15,971|||| ## ## ## |Notes forming part ofthe Financial Statements for the Year Ended|31December 2021||||| |---|---|---|---|---|---| |Accounting
policies|||||| |Basis ofpreparation
and assessment ofgoing concern|||||| |The financial
statements
are prepared
under the historical cost convention;
gad in accordance with the Church Accouuting
Regulations,|||||| |apphoahlo
aoooutttittg
standards
and the statement
of rooommoudott
practice: Aocounting|attest ropottmg
by Charitios
preparin||||their| |accounts
in accordance
with the Fmanriai
Reporting
Standard
applicable
in the UK and Republic of Ireland|||(FRS 102) effective I||| |January 2015 and the Financial
Reporting
Standard
applicable
in the United
Kingdom|and Republic of Ireland (FRS 102) and the||||| |Charities Act2011.|||||| |The trust constitutes
apublic benefit entity as defined by PRS 102,|||||| |Thc trustees consider that there are ao material uncertainties
about the Trust's abihty to continue as a going concern.|||||| |All transactions,
assets aad liabilities
for which the PCC is responsible
are included
in the|financial statements.|They do ant include the|||| |accounts ofchurch groups that owe their affiliation to another body nor those that relate to informal
gatherings of|||church members.||| |Reconciliation
with previous Generally
A.eeepted A.ccounting practice|||||| |In preparing
the accounts,
the trustees
have considered
whether
in applying
the accounting
policies
required|||by PRS 102 and the||| |Charities SORP FRS102arestatement
ofcomparative
items was needed, No restatcmcats|were required.||||| |INcainerecagin lMon|||||| |Voluntary
income and capital resources|||||| |Collecnons
are recogmsed
in.the accounts when received by or on behalf ofthe PCC. Planned
giving receivable|||under deed ofcovenant||| |or grant aid isrecognised
only when received. Tax recoverable
on such covenants
and gift|aid conhtbutions
received is recognised|||in the|| |same accounting
period. Grants and legacies to the PCC are accounted for as soon as the|PCC is noti6ed ofits||legal entitlement|to the|| |amounts
due. Funds raised by fetes, garden parties
and shnilar
events aic included
in the accounts
as gross||income with the related|||| |expenses shown separately.|||||| |Other ordinary
income|||||| |Rental income trom the letting ofthe StPeters Centre is recognised when received. Parochial fees for weddings,||funerals and others|||are| |accounted for on an event by event basis.|||||| |Income from bank deposits|||||| |Interest is accounted for when receivable. Any income tax recoverable
on such income is recognised inthc same||accounting period.|||| |E~endiha ereeoggiiiag|||||| |Grants and donations|||||| |&ants and donations
are accounted for when paid orwhen awarded, ifsuch awards create|abindiag obligation
on the PCC.||||| |Activities relating to the work ofthe church|||||| |Thc diocesan
quota or parish
share is accoua1ed for when payable.
Any quota
unpaid|at the ead ofthe year||is provided
for|in the|| |accounts as an operational
(though not a legal) liability.|||||| |Tangible fixed assets and iItyesintettrs|||||| |Consecrated lead and buildings,
aad moveable church furnishings|||||| |Consecrated
land and bencficed property are excluded I'rom the accounts nader S96(2)(a)ofthe Charities Act||1993 No value is placed|||| |on moveaMc church furnishings
held hy the churchwardens
on special trust for the PCC and whisk requires a faculty for disposal|||||since| |the PCC considers
this to he hra1ieoahle
yroyerty.
411 exyeoditore
iacorred to the year on consecrated
or||hcoegccd hcadhres|||aad| |movoahie church futuishiugs,
whether for maintenance
or improvement,
is written offas incurred.|||||| |Equipmcat
held aad used within thc church premises
are capitaliscd
aad valued at histocical cost. Dcpreciauoa|||is charged on a stiaiglit||| |linc basis over their estimated
useful
life of four years. Individual
items of equipment|with a purchase
price of 61,000 or less are||||| |expensed when purchased.|||||| ## ## |||StPeters, Ash Parochial Church Council|StPeters, Ash Parochial Church Council|StPeters, Ash Parochial Church Council||| |---|---|---|---|---|---|---| |Notes formmg||part ofthe Financial Statements for the Year Ended 31December|||2021|| ||||Unrestricted|Restricted|2021|2020| |Planned
glvltlg
Restricted income|||34,323||34,323
2,i35
4,270|24,693
190
7,954| |Uncovenanted
giving|||38,595|2,535||32,838| ||||Unrestricted|Restricted|2021|2020| |Other voluntary
resources
Heathcote Trust||||11,000
20,220|10,000
20,220|10,000
20,220| |Grant &om Parish Close Trust
Grant &om 100Club/Fabric
Fund||||5,000|5,000
59|30| |Other|||59|36,220|36,279|30,250| |Other -Fabric Fund/Spire|Appeal|||36,220|36,279|30,2SO| |Income from fees and ancisary trading|||Unrestricted||2021|2020| |Bookand magazine
contributions
Sales of Calendar
Fees|||51
350
1,634||51
350
1,634|873
195
1,665
115| |Fees in advance
Rent -Church hall
Rent - Grange Farm Road|||11,625
15,000||11,625
15,000|11,581
15,000| |Interest|||Unrestricted||2021|2020
f.| ||||278||278|271| |Bankinterest||||||| ||||Unrestricted|Restricted||2020| |6
Other income||||||510| |VAT Reclaimed on repairs|||538||538|283| |Furlough Recovery CIRS
Summer
and
Christmas
fetes|||1,586||1,586|| |Sundry other income|||||2,124|| ||||Unrestricted|Restricted||| |7
Grants and donations||||||| |Charities||||||5„000| |Others||||||5„000| ## ||Not|es forming part ofthe Financial S|es forming part ofthe Financial S|tatements for the Year|Ended 31Decem|ber 2021|| |---|---|---|---|---|---|---|---| |8|Activities relating|to the work ofthe church|||Restllcted|202/|| ||Light, heat and cleaning|||11,263||11,263|9373| ||Insurance|||4,879||4,879|4,017| ||Upkeep ofservices|||1,324||1,324|1444| ||Organist's
salary||||||40| ||Youth management|||20||20|38| ||Flowers|||88||88|384| ||Dloccsan quota|||69,467||69,467|64,920| ||Banlr Charges|||15||15|15| ||Outreach|||260||260|432| ||Planning
Toilet AppHcation|||||8,992|| ||Fabric/maintenance:||||||| ||-Church|||||7,836|4,678| ||-Parish haB|||||9,065|7„250| ||-Grange Farm Road|||||4,045|2,912| ||Ol'gan Icpalrs||||||| |9|Fund raising and|publicity costs||Unrestricted|||| ||Parish magazine
and bookstall||||||| ||Summer and Christmas||fetes||||| ||Social events/160|Club|||3,300|3„320|| |||||20||3,320|| |10|Church management||and administration||Restricted||2020| ||Administration
salaries|||4,732||4.732|4„550| ||Printing,
stationery|and|office costs|4,193||4,193|3„436| ||Accountancy|||"/80||"/80|780| ||Examiner's fee||||||| ||Sundry expenses|||40||40|| ||Depreciation:||||||| ||OffIceHguipmcnt||||||| ||FrCCbold Builds
Kitchen Equiptnent|||259|||| |||||||11392|10,631| ## |Notes forming yurt ofthe Financial Statements
Tangible fixedassets|for the Year Ended 319ece|mber 2021|| |---|---|---|---| ||Freehold||| ||land and|Office|| ||buildings|equipment|| |Valuation
brought forward at 1 January 2021|||| |Cost at 1 January 2021
Additions
at cost||8,876|95,845| |At 31December 2021|||| |Depreciation|||| |At 1 January 2021
Charge foryear|37,000
1,000|6,534
647|43,534
1,647| |At 31December 2021|38,000|/,181|| |Net book value at31December 2021||1,695|50,664| |Net book value at31December 2020|||52,311| |12|Debtors||||| |---|---|---|---|---|---| |||||2021|2020| ||Income tax recoverable
(covenants)
Other debtors|||752
1,000~|1,536| |||||1,752|1,536| |13|Cash at bank and in|hand||202J|2020| ||National Westminster
Bank
Barclays Bank Plc
Fabric Fund 100Club
Other accounts and cash
Churchwardens
fioat|||4,451
6,633
695
4,134|11,084
16,517
3,995
4,239| ||Cash in hand||||226| |||||32|32| |14|Creditors
—amounts|failing due within one year'|||| ||Accrued expense - accountancy
Accrued expenses
—exammer's||fee|26{)
550|| ||Deferred mcomc|||1,920|| ||||||810| |14|Creditors
—amounts
failing due within one year'|Creditors
—amounts
failing due within one year'|Creditors
—amounts
failing due within one year'|Creditors
—amounts
failing due within one year'| |---|---|---|---|---| ||Accrued|expense|- accountancy|| ||Accrued|expenses|—exammer's|fee| ||Deferred|mcomc||| ## ||||Incoming|Resources|Transfers|At end| |---|---|---|---|---|---|---| ||||resources|used||ofyear| |itfa37etnents|tnyear|||||| |Unrestricted|Funds|||||| |Designated funds||||||| |Tats n Toast||10||||10| |Bellringers|Association|3,155||(80)||3,075| |Flower Guild||1„074|140|(164)||1,050| ||||140|||| |Genera/ purposes fund||10,604|69,576|100,366|32,023|11,836| |||14,842|69,716|100,610||| |Restricted Funds||||||| |General
Fabric Fund||49,805
24,483
78,288|38,755
38,755|(31,3563
~(3I,356|(8,235)
~23,788j
~32,823j|48,969
695| |Attalysis ofnet assets between funds||||||| |||||Cash||| ||||Tangible|deposits/|Liabilities|Total| ||||assets|Debtors||| |Umestricted|funds - Designated|||4,134||4,134| |Unrestricted|fund - General purposes||1,695|12,871|(2,7303|11,836| |Restricted fund - General|||48,969|||48,969| |Restricted. fund - Fabric Fund||||||695| |||||17,701|(2,730)||