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|---|---|---|---|
|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||||
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|||||||||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|
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|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|