2021-12-31-accounts

Contents:			Page
Trustees' Report			1 —5
Independent	Examiner's	Report	6
Statement of	Financial	Activities	7
Balance Sheet			8
Notes to the	Financial Statements		9 —14
Appendix 1

								TOTAL	ACTUAL
					Unrestricted	Restricted	Endowment	FUNDS	YEAR TO
					Funds	Funds	Funds	31/12/21	31/12/20
				Note	E	F	E
	INCOMING RESOURCES
	Voluntary income			2(a)	73,621	16,912		90,533	140,545
	Activities for generating funds			2(b)	123			123	534
	Income from investments			2(c)	38		17,447	17,485	17,875
	Church activities			2(d)	5,528			5,528	4,013
-	TOTAL INCOMING RESOURCES				79,310	16,912	17,447	113,669	162,967
	RESOURCES EXPENDED
	Cost of generating voluntary	income		3(a)
	Fund-raising costs			3(b)
	Church activities			3(c)	87,998	19,919		107,917	119,446
	TOTAL RESOURCES EXPENDED				87,998	19,919		107,917	119,446
	NET (OUTGOING)/INCOMING
	RESOURCES BEFORE OTHER
	RECOGNISED GAINS AND	LOSSES			(8,688)	(3,007)	17,447	5,752	43,521
	(Losses) / Gains on investment		assets:
	On revaluation						84,300	84,300	35,722
	NET MOYEMENT IN FUNDS				(8,688)	(3,007)	101,747	90,052	79,243
	NET MOVEMENT BETWEEN		FUNDS		18,317	(870)	(17,447)
	BALANCES BROUGHT FORWARD AT
	1 JANUARY 2020				302,439	45,314	594,270	942,023	780,477
	BALANCES CARRIED FORWARD AT
	31 DECEMBER 2021				312,068	41,437	678,570	1,032,075	859,720

Church ofthe Good Balance Sheet as at 31 December	Shepherd, Cambridge 2021
			31-Dec	31-Dec
			2021	2020
		Note		E
FIXEDASSETS
Investments			678,570	594,270
CURRENT ASSETS
Debtors			10,650	3,322
Short term deposits			296,009	295,975
Cash at bank and in	hand		52,914	53,285
			359,573	352,582
LIABILITIES
Creditors - amounts	falling due within one year		6,068	4,829
NET CURRENT ASSETS			353,505	347,753
TOTAL NET ASSETS			1,032,075	942,023
FUNDS
Unrestricted		8, 9(a)	312,068	302,439
Restricted		8, 9(b)	41,437	45,314
Endowment		8, 9(c)	678,570	594,270
			1,032,075	942,023

2	INCONIING RESOURCES	INCONIING RESOURCES							TOTAL	ACTUAL
						Unrestricted	Restricted	Endowment	FUNDS	YEAR TO
						Funds	Funds	Funds	31/12/21	31/12/20
						E	E	F
2(a)	Voluntary income
	Planned giving:
	-Gift Aid donations					55,606			55,606	56,282
	-tax recoverable					12,803			12,803	13,444
	Collections (open plate)					715			715	1,070
	Collections (specific charitable)									317
	Legacies 8 large donations					3,300			3,300	26,000
	Grants - Furlough, Church		Schools				2,423		2,423	2,000
	Community Fridge —CCF grant+ donations						925		925	9,129
	Small donations					1,197			1,197	3,117
	Donations/income for	Chaplain		Projects			2,278		2,278	62
	Donations to Vicar's Discretionary				Fund		2,225		2,225	9,986
	Donations to Flower Fund/		transfer		Sherriff legacy		125		125	4,838
	Ely 2025 Growth Fund	grant					8,936		8,936	14,300
						73,621	16,912		90,533	140,545
2(b)	Activities for generating		funds
	Fund raising
	-fetes, fairs, jumble sales,		Amazon		Prime etc	43			43	424
	-after church coffee					80			80	110
						123			123	534
2(c)	Income from investments
	Dividends and interest	including
	tax recoverable					38		17,447	17,485	17,875
						38		17,447	17,485	17,875
2(d)	Income from church	activities
	Church hall lettings					3,966			3,966	2,831
	Church lettings					970			970	650
	Fees					592			592	521
	Magazine income									11
						5,528			5,528	4,013
	TOTAL INCOIIING RESOURCES					79,310	16,912	17,447	113,669	162,967

	RESOURCES EXPENDED	RESOURCES EXPENDED						TOTAL	ACTUAL
					Unrestricted	Restricted	Endowment	FUNDS	YEAR TO
					Funds	Funds	Funds	31/12/21	31/12/20
					f	f		f	f
3(a)	Cost ofgeneration ofvoluntary			income
	Planned Giving Stationery
3(b)	Fund raising costs
	Advertising
	Coffee costs
	Arbury Carnival costs
3(c)	Church activities
	Missionary and charitable	giving -		overseas	1,407			1,407	1,308
	Missionary and charitable	giving -		home	1,407			1,407	1,695
	Ministry - Diocesan parish	share			59,999			59,999	59,494
	Ministry - other ministry costs				1,794			1,794	1,842
	Church running and maintenance				11,606			11,606	9,823
	Church heating repairs				1,278			1,278	3,300
	Church fabric repairs				200			200	234
	Church Hall refurbishment		project			6,294		6,294	3,585
	Organist				1,170			1,170
	Church hall running costs				5,899			5,899	6,547
	Folding tables and chairs
	Printing and stationery				2,828			2,828	2,789
	Parish development				73			73
	Parish magazine
	SANG project					192		192	333
	Music in church					86		86
	Children's Groups				163			163	294
	Youth for Christ								5,886
	Website running costs
	Discretionary fund					1,407		1,407	1,577
	Church flowers					100		100
	Knitting fund
	Holiday lunches				174			174	177
	COVID-19 relief work								1,087
	Community Fridge					4,799		4,799	5,291
	Community Chaplain salary		costs			7,041		7,041	14,184
					87,998	19,919		107,917	119,446
	TOTAL RESOURCES EXPENDED				87,998	19,919		107,917	119,446

e year ended 31 December	e year ended 31 December	2021	2021
RESOURCES EXPENDED		continued									TOTAL	TOTAL
					Unrestricted		Restricted		Endowment		FUNDS	FUNDS
					Funds		Funds			Funds	31/12/21	31/12/20
						E
Missionary and charitable		giving -	overseas
UNICEF UK					1,407						1,407
DEC Coronavirus Appeal												1,308
					1,407						1,407	1,308
Missionary and charitable		giving -	home
The Children's Society						703					703	1,625
St David's Foundation												70
Centre 33						704					704
					1,407						1,407	1,695
STAFF COSTS AND RELATED PARTY TRANSACTIONS											2021	2020
Wages and salaries											11,545	13,000
Social security costs											(6,170)
Pension costs											244	204
											5,619	13,204
The PCC has employed	the	part-time	Community		Chaplain	since	September		2018.She was partly furloughed
for the first 3 months ofthe		year due	to COVID-19		and then	went	on maternity		leave. The		PCC received
furlough grants from the	government		(shown	in income) and recovered				Statutory		Maternity	Pay, hence	the
negative Social Security	costs.

FIXED	ASSETS	2021	2020
			E
Investments
Market	value at 1 January	594,270	558,548
Annual	revaluation	84,300	35,722
Market	value at 31 December	678,570	594,270

for th	e year ended 31 De	cem	b	er 2021
							2021	2020
								F
6	DEBTORS (unrestricted			funds)
	Income tax recoverable						1,900	2,095
	Other debtors						8,750	1,227
							10,650	3,322
7	LIABILITIES - amounts		falling due within one year (unrestricted		funds)
	Accruals of utility and	other costs					6,068	4,829
							6,06&	4,829
&	ANALYSIS OF NET	ASSETS BYFUND						Total
				Unrestricted		Restricted	Endowment	Funds
					Funds	Funds	Funds	2021
							F
	Investment Fixed Assets						678,570	678,570
	Current Assets				318,136	41,437	-	359,573
	Liabilities —amounts	falling		due within one year	(6,068)			(6,068)
					312,068	41,437	678,570	1,032,075
9	FUND DETAILS					Fabric	Director
				Capital	Charity	Fund	of Music	Etterbeek
9(a)	UNRESTRICTED FUNDS			E	E		E	E
	Balance at 1 January			275,748	2,814	10,723		100
	Receipts			3,300
	Payments				(2,814)	(1,478)
	Transfers				2,780
	Transfer from endowment			income		17,447
	Balance at 31 December			279,048	2,780	26,692		100
				Music in	General
				Church	Reserve			TOTAL
					E			E
	Balance at 1 January			300	12,754			302,439
	Receipts				76,010			79,310
	Payments				(83,706)			(87,998)
	Transfers				(1,910)			870
	Transfer from endowment			income				17,447
	Balance at 31 December			300	3,148			312,068

for th	e year ended 31 Decemb	er 2021
					Ely 2025
			Community	Charity	Growth	Fund		Music in
			Fridge	Events		Grant	Etterbeek	Church	Organ
9(b)	RESTRICTED FUNDS		F					E
	Balance at 1 January		733			196	66	227	981
	Receipts		925		13,637
	Payments		(4,799)		(7,041)			(86)
	Transfers		3,141
	Balance at 31 December					6,792	66	141	981
			City					Children' s	West
			Council	Children' s			Memorial	Altar	End
			Grants E	Groups f	Flowers E		Garden	Flowers	works P
	Balance at 1 January					5,127	20		1,225
	Receipts					125
	Payments					(100)
	Transfers
	Balance at 31 December					5,152	20		1,225
							Hall	Vicar's
			Knitting	SANG	Holiday		Refurb	Discretionary
			Fund	Project	Lunch	Fund	Fund	Fund	TOTAL
			F			F
	Balance at 1 January			2,471			25,000	9,209	45,314
	Receipts							2,225	16,912
	Payments			(192)			(6,294)	(1,407)	(19,919)
	Transfers							(4,011)	(870)
	Transfer from endowment	income
	Balance at 31 December		59	2,279			18,706	6,016	41,437

Church of	England in the parish, including the rep	air and maintenance ofth	e church building	.
		Endowment	Endowment	Total	Total
		Capital	Income	2021	2020
Balance at	1 January	594,270		594,270	558,548
Receipts			17,447	17,447	17,107
Movement	in market value	84,300		84,300	35,722
Transfer to	Fabric Fund		(17,447)	(17,447)	(11,221)
Youth Worker					(5,886)
Survey costs and parish development
Balance at	31 December	678,570		678,570	594,270

	2021	2020
Flower fund
This fund is not a trustee account ofthe PCC
Balance at 1 January	162	61
Donations	300	145
Payments for flowers	178	44
Balance at 31 December	284	162

Trust Fund C99 held by the Diocese for Curate's Houses
Balance at 1 January	6,856	6,827
Interest received	4	29
Balance at 31 December	6,860	6,856