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2021-12-31-accounts

Incumbent Rev Dr C Dowland-Pillinger
Church Warden Mr C W Roberts - until APCM 2022
Deputy Warden
Deanery Synod representative Mr R G Tozer - until APCM 2024
Other trustees Mrs N Collard - until APCM 2024
Mrs J Fortune - until APCM 2022
Mrs A Mead - until APCM 2023
Mrs S M Musk - until APCM 2022
Mr D Ridout (co-opted) - until APCM 2022
Mrs M Stevenson - until APCM 2022
Mrs J Tyler - until APCM 2023
Parish safeguarding officers Mrs A Mead and Mrs M Westmarland (ex officio)
Treasurer Mr T J Salmon - until APCM 2023
Secretary Mrs M Stevenson

Notes Restricted Unrestricted Total funds Total funds
funds funds 2021 2020
£ £ £ £
INCOME & ENDOWMENTS 1
Voluntary income 3,489 58,723 62,212 69,275
Income from investments 4,638 35 4,673 4,956
Church activities 1,845 3,410 5,255 2,600
Activities for generating funds 3 - - 137
TOTAL INCOME & ENDOWMENTS 9,972 62,168 72,140 76,968
EXPENDITURE 2
Costs of generating voluntary income 3 - - -
Other support costs 6,497 61,564 68,061 68,325
Project expenditure 570 1,573 2,143 20,209
TOTAL EXPENDITURE 7,067 63,137 70,204 88,534
NET INCOMING / (OUTGOING)
RESOURCES 2,905 (969) 1,936 (11,566)
Gains on investment assets
- on revaluation 10 21,734 21,734 10,109
NET MOVEMENT IN FUNDS 24,639 (969) 23,670 (1,457)
Fund balances at 1 January 212,760 86,275 299,035 300,492
FUND BALANCES AT
31 DECEMBER 237,399 85,306 322,705 299,035
Notes Restricted Unrestricted Total Total
funds funds 2021 2020
£ £ £ £
FIXED ASSETS
Investments 10 180,868 180,868 159,134
CURRENT ASSETS
Debtors 11 494 10,640 11,134 11,446
Short term deposits 56,731 60,474 117,205 112,533
Cash at bank and in hand 6 21,775 21,781 23,104
57,231 92,889 150,120 147,083
Creditors: amounts falling due within
one year 13 (700) (7,583) (8,283) (7,182)
NET CURRENT ASSETS 56,531 85,306 141,837 139,901
NET ASSETS 237,399 85,306 322,705 299,035
FUNDS
General Church Fund 53,601 53,601 54,414
Designated funds
Organ Fund - 11,978 11,978 10,672
Choir Robes Fund 1,156 1,156 1,056
Tower Fund 3,345 3,345 4,914
Youth Group Fund 240 240 240
Clergy Discretionary Fund 14,986 14,986 14,979
Restricted funds
St. Agatha's Churchyard Fund 26,831 26,831 28,381
George Lucy Fund 196,296 196,296 169,545
St. Agatha's Bell Appeal Fund 3,562 3,562 3,560
Village Memorial Fund 10,710 10,710 11,274
TOTAL FUNDS 237,399 85,306 322,705 299,035

are:
The Churchyard Fund fees from burials in St. Agatha's churchyard and donations and grants
given for the upkeep of the churchyard. Funds are used for the
maintenance of the churchyard.
The George Lucy Fund established as a result of a bequest given to fund the future
maintenance of the two churches, this fund receives investment
income and is expended on maintenance.
The Village Memorial established in 2011 to fund the replacement of the wooden memorial
Fund with a permanent stone replacement in the grounds of St. Paul's.
The St. Agatha's Bell established in 2016 to fund repairs to, and re-installation of, the
Appeal Fund St. Agatha's Church bell.
The unrestricted funds are:
The General Fund receives regular donation income and is expended in connection with
all aspects of the management and operation of the churches.
Designated Funds
The Organ Fund established to provide a fund for major maintenance to the St. Paul's
church organ, this fund receives contributions arising from usage at
events such as weddings and funerals and is utilised for repairs.
The Choir Robes Fund established in 2006 to fund the purchase of replacement robes for the
choir of St. Paul's.
The Youth Group Fund established in 2008 to fund the commencement of a Youth Group.
The Clergy Discretionary established in 2011 from a donation specifically to fund gifts to those in
Fund need at the discretion of the incumbent and church wardens.
The Tower Fund originally the Fabric Fund, closed in 2007; re-opened in 2017 to fund
major repairs to the churches and re-designated in 2019.

St. Agatha's George St. Agatha's Village Total Total
churchyard Lucy fund bell appeal Memorial 2021 2020
fund fund
£ £ £ £ £ £
Voluntary income
Planned giving 100 1,875 - - 1,975 -
Income tax recoverable 25 469 - - 494 -
Other planned giving 5 215 - - 220 55
Grants 800 - - - 800 1,750
930 2,559 - - 3,489 1,805
Income from
investments
Investment income 144 4,466 - - 4,610 4,493
Interest receivable 12 8 2 6 28 228
156 4,474 2 6 4,638 4,721
Income from Church
activities
Fees 1,845 - - 1,845 1,263
Total income and
endowments 2,931 7,033 2 6 9,972 7,789

(b)
Unrestricted funds
General Tower Organ Clergy Total Total
church Fund fund disc'y fund 2021 2020
fund
£ £ £ £ £ £
Voluntary income
Planned giving 37,658 - - - 37,658 41,831
Income tax recoverable (see
below) 9,942 - - - 9,942 10,871
Collections 1,008 - - 1,008 1,027
Miscellaneous income and
donations 7,512 - - - 7,512 12,470
Collections for charities and
others (note 4) 2,603 - - - 2,603 1,271
58,723 - - - 58,723 67,470
Activities to generate funds
Special events (note 3) - - - - - 137
Income from investments
Interest receivable 18 4 6 7 35 235
Income from church activities
Fees 2,110 - 1,300 - 3,410 1,337
Total income and
endowments 60,851 4 1,306 7 62,168 69,179

St. Agatha's George Lucy
St. Agatha's

St. Agatha's
Village Village Total Total
churchyard fund bell appeal Memorial 2021 2020
fund fund
£ £ £ £ £ £
Church activities
Churchyard maintenance 2,310 - - - 2,310 2,180
Graves & monuments 1,810 - - - 1,810 -
Church repairs &
maintenance - 2,377 - - 2,377 4,290
Other support costs 4,120 2,377 - - 6,497 6,470
Project expenditure - - 570 570 -
Total expenditure 4,120 2,377 - 570 7,067 6,470
Grave and monument repairs were part funded by a specific donation and grant (note 1(a)).
(b)
Unrestricted funds
General Tower
Organ
Clergy Total Total
church Fund fund discretion 2021 2020
fund -ary fund
£ £ £
£
£ £
Church activities
Missionary and charitable giving
(note 4) 2,603 - -
-
2,603 1,271
Rector and rectory (note 5) 119 - -
-
119 (983)
Organist and music (note 6) 3,015 - -
-
3,015 2,865
Churches & church grounds (note 7) 8,645 - -
-
8,645 8,564
Diocesan share (note 8) 46,500 - -
-
46,500 49,000
Governance costs (note 9) 682 - -
-
682 1,138
Other support costs 61,564 - -
-
61,564 61,855
Costs of generating funds
Event costs (note 3)
Project expenditure 1,573 -
-
1,573 20,209
Total expenditure 61,564 1,573 63,137 82,064

3.
Special events and collections
Revenues Costs Net Net
2021 2021 2021 2020
£ £ £ £
General church fund
Jumble sale - - 137
Harvest & other lunch/suppers - - -
Village Fete - - -
Less direct donations (see note 4) - - -
- 137

4.
Collections and donations to charities and others
2021 2020
£ £
Bishop of Southwark's Lent Appeal 163 338
Children's Society 34 -
Welcare 338 326
Royal British Legion 138 25
Christian Aid 150
Croydon Refugee Day Centre 150
St Christopher's Hospice 140 100
St Catherine's Hospice 142
Young Minds 359
Eusebia Hope Foundation 39
Together Southwark 203
Caterham Food Bank 357 38
Other, including unallocated coffee bar surplus 832 2
2,603 1,271

5.
Rector and Rectory
2021 2020
£ £
Caterham Team (1,028)
Relief clergy 119
Other 45
119 (983)

6.
Organist and music
2021 2020
£ £
Organist stipend 2,040 2,040
Relief organists 100
Organ & piano tuning 385 337
Music and licensing 380 353
Choir robes and sundries 110 135
3,015 2,865

7.
Churches and church grounds
2021 2020
£ £
Altar and vestry supplies 328 244
Heat, light and water 3,699 2,961
Insurance 4,150 4,369
Other running costs, including gardening & cleaning 468 990
8,645 8,564

8.
South London Church Fund
2021 2020
£ £
Pledge paid to the Parish Support Fund 46,500 49,000

9.
Governance costs
2021 2020
£ £
Stationery and sundries 122 178
Catering (287) (76)
Croft Road Association 150 150
Contributions to supported projects - 250
Website, IT licensing & contact-less giving costs 256 136
Quinquennial inspection (cost spread over five years) 441 500
682 1,138

2021 2020
£ £
Market value at 1 January 159,134 149,025
Net gains (losses) on revaluation 21,734 10,109
Market value at 31 December 180,868 159,134
Historical cost at 31 December 89,203 89,203
Analysis of investments
Investment Fund 175,757 153,662
Fixed Interest Securities Fund 5,111 5,472
Market value at 31 December 180,868 159,134

11.
Debtors
2021 2020
£ £
Income tax recoverable (note 12) 8,057 7,712
Quinquennial inspection costs prepaid 1,410 2,000
Other debtors and prepayments 1,667 1,734
11,134 11,446

12.
Income tax recoverable
2021 2020
£ £
Opening balance 7,712 12,884
Received in year (10,239) (16,127)
Estimated amount due for 2021 10,584 10,955
Closing balance 8,057 7,712

13.
Creditors
2021 2020
£ £
Heat, light and water 1,242 1,266
Diocese of Southwark 150 211
Church grounds 700 72
Special collections for others 907 -
Deferred income 1,500 1,700
Quinquennial inspection 2,351 2,500
Mission Grant 1,262 1,262
Other accruals 171 171
8,283 7,182

A)
Restricted Funds
George Lucy St. Agatha's Churchyard Village Total
Fund bell appeal Fund Memorial
Fund
£ £ £ £ £
Income and endowments 7,033 2 2,931 6 9,972
Expenditure (2,377) - (4,120) (570) (7,067)
Net incoming (outgoing)
resources 4,656 2 (1,189) (564) 2,905
Unrealised gain (loss) on
investments 22,095 - (361) - 21,734
Net movement in Funds 26,751 2 (1,550) (564) 24,639
Funds at 1 January 169,545 3,560 28,381 11,274 212,760
Funds at 31 December 195,296 3,562 26,831 10,710 237,399

B)
Unrestricted Funds
Designated Funds
General Tower Fund Organ Clergy Choir Youth Total
Fund Fund Disc'y Robes Group
Fund Fund
£ £ £ £ £ £ £
Income and endowments 60,751 4 1,306 7 100 - 62,168
Expenditure (61,564) (1,573) - - - - (63,137)
Net incoming (outgoing)
resources (813) (1,569) 1,306 7 100 - (969)
Net movement in Funds (813) (1,569) 1,306 7 100 (969)
Funds at 1 January 54,414 4,914 10,672 14,979 1,056 240 86,275
Funds at 31 December 53,601 3,345 11,978 14,986 1,156 240 85,306

A)
Restricted Funds
George Lucy St. Agatha's Church yard Village Total
Fund bell appeal Fund Memorial
Fund
£ £ £ £ £
Investments 175,757 - 5,111 180,868
Central Board of Finance 20,070 3,562 22,389 10,710 56,731
Income tax recoverable 469 - 25 494
Cash at bank and in hand - - 6 6
Current assets 20,539 3,562 22,420 10,710 57,231
Current liabilities: Amounts falling
due within one year - - (700) (700)
Net current assets (liabilities) 20,539 3,562 21,720 10,710 56,531
Net assets 196,296 3,562 26,831 10,710 237,399

B)
Unrestricted Funds
Designated Funds
General Tower Organ Clergy Choir Youth Total
Fund Fund Fund Disc'y Robes Group
Fund Fund
£ £ £ £ £ £ £
Investments - - - - -
Central Board of Finance 28,769 3,345 11,978 14,986 1,156 240 60,474
Debtors 3,077 - - - 3,077
Income tax recoverable 7,563 - - - 7,563
Cash at bank and in hand 21,775 - - - 21,775
Current assets 61,184 3,345 11,978 14,986 1,156 240 92,889
Current liabilities: Amounts
falling due within one year (7,583) - (7,583)
Net current assets 53,601 3,345 11,978 14,986 1,156 240 85,306
Net assets 53,601 3,345 11,978 14,986 1,156 240 85,306