PAROCHIAL CHURCH COUTrKIL OF ST VIIRYTHE VIRGIN. BURES FOR THE YEAR ENtED 31 DECEVBER 2021 This reFX)rt on the accounts of the PCC for the year ended 31 Decenl)er 2021 ￿lch are set out on pages 2 - 8 is in restxt of an exarrination carried out in accoff1a￿e with the Church Accounting Regulations 2006 ff he Regulations) 5.145 of the Charities Art 2011 ffhe Act). As rrents￿ ()f the PCC you are resFX)nsible for the preparation of the accounts; you consider that the audit requIre￿nts of the Regulats"ons and section 144 (2) of the Act (k) not aFwly. It is rry resFX)nsibilty tr) issue this re￿rt on ttK)se accounts in accor[la￿e the terns of the Regulations. My eXa￿inat.on was canied out in accordance vAth the GererBI Directions given by the C113rity Corrrrission under section 145 (5) Ibl of the Act atKJ to IE fourKJ in the chU￿h Guidance 2011 edition. That exarrination inclLMJes a review of the accounting records kept by the PCC arKJ a Co￿)anSOn of the accounts with those reCO￿S. It also i￿ludeS considering any unusual [te￿6 or disclosures in the accounts and 5￿kIng ewanations fiDm you as tjustees conceming any such m3tters. The procedures urKJertsken (k) mt provide all evidence that would required in an aLKlit and consequenljy I do Th)t exwess an opinion on wew given ty the accounts. In connection nw exatrinalion. no tTr3tter has cO￿e to nw attenlion: i) which gives rre reasonable caLse to telieve that in any rrpterial ￿￿ett the require￿Ents a) to keep accounting rEcorts in accondance with seclion 130 of the Act aTh b) to prepare accounts which accord with the accountirrfj records and to corrply with the requirenEnts of Act and the Regulation have not b￿n or to which, in rry opinion, attention should be in 0￿er to enable a Fy0￿r understanding of the accounts ID be reacw. 2) Exarriner. Can)lyn Holbrook Date: 11 February 2022 |||**2020**|**£**|**Total**|||||**64,612.98**||**2,111.48**|||||||**11,877.75**||**1,449.65**||**16,915.35**||||**890.67**||||||||||**6,198.66**||**104,056.54**|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||**2020**|**£**|**Restricted**|||9,968.00|0.00|**9,968.00**||**80.03**|||121.82|500.00|5,603.93|5,200.00|**11,425.75**||**1,400.11**||**2,118.63**|||693.66|**693.66**|||211.00|0.00|0.00|327.00|0.00|0.00|0.00|**538.00**||**26,224.18**|| |||**2020**|**£**|**Unrestricted **|||48,576.98|6,068.00|**54,644.98**||**2,031.45**|||0.00|362.00|0.00|90.00|**452.00**||**49.54**||**14,796.72**|||197.01|**197.01**|||1,792.70|0.00|209.44|0.00|359.28|3,020.15|279.09|**5,660.66**||**77,832.36**|| |**FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2021**||**2021**|**£**|**Total**|||||**62,106.00**||**2,325.45**|||||||**19,031.81**||**2,168.65**||**13,039.52**||||**740.52**||||||||||**10,964.32**||**110,376.27**|| |||**2021**|**£**|**Restricted**|||9,108.00|0.00|**9,108.00**||**488.35**|||118.96|0.00|0.00|4,261.00|**4,379.96**||**1,978.95**||**1,510.61**|||703.63|**703.63**|||(0.00)|5,700.00|0.00|0.00|0.00|0.00|0.00|**5,700.00**||**23,869.50**|| |||**2021**|**£**|**Unrestricted **|||46,890.00|6,108.00|**52,998.00**||**1,837.10**|||0.00|0.00|11,469.00|3,182.85|**14,651.85**||**189.70**||**11,528.91**|||36.89|**36.89**|||2,188.00|0.00|448.05|0.00|465.77|2,092.80|69.70|**t**
**5,264.32**||**86,506.77**|| |||**Receipts and Payments Account**||**Receipts**||**Planned Giving**|Giftaided giving|Non-Giftaided giving|**Total Planned giving**||**Collections**||**Other Voluntary Receipts**|Giving through church boxes|One of gifts|Legacies and grants|Donations, appeals etc.|**Total Other Voluntary Receipts**||**Fundraising Activities**||**Gift Aid Recovered**||**Investments**|Interest and Dividends|**Total Investments**||**Receipts from Church Activities**|Fees for weddings and funerals|Benefce weekend|Open Doors|Messy Church|Magazine advertising|Magazine sales|Other activities|**Total receipts from church activi**||**Total Receipts**|| 2 ||||||||||**6,535.00**||**56,588.00**|||||||**7,525.49**||||||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||**2020**|**£**|**Restricted**||2,000.00|550.00|550.00|300.00|**3,400.00**||**1,375.00**|||0.00|1,480.25|0.00|0.00|**1,480.25**|||0.00|0.00|327.00|0.00|2,606.28|0.00|0.00|1,417.11|0.00|0.00|0.00|96.90|0.00|0.00|0.00|0.00|0.00|0.00|0.00|0.00|360.00|| ||**2020**|**£**|**Unrestricted **||1,000.00|1,000.00|1,040.00|95.00|**3,135.00**||**55,213.00**|||1,254.25|4,134.69|0.00|656.30|**6,045.24**|||784.96|200.00|0.00|95.00|0.00|180.00|875.00|1,118.98|360.68|143.60|432.02|108.12|448.10|494.98|703.58|867.15|272.47|0.00|1,390.00|188.81|251.16|| ||||||||||**7,539.55**||**55,262.00**|||||||**8,468.55**||||||||||||||||||||||||| ||**2021**|**£**|**Restricted**|**Missionary and Charitable Giving (see note 2)**|2,605.00|783.00|783.00|0.00|**4,171.00**||**0.00**|||0.00|1,282.00|0.00|0.00|**1,282.00**|||0.00|8,862.08|25.67|0.00|2,683.80|0.00|0.00|0.00|0.00|0.00|15.00|130.53|0.00|0.00|0.00|0.00|0.00|0.00|0.00|0.00|0.00|| ||**2021**|**£**|**Unrestricted**||1,000.00|1,000.00|1,040.00|328.55|**3,368.55**||**55,262.00**|||1,300.00|5,214.63|207.00|464.92|**7,186.55**|||282.05|0.00|0.00|377.95|0.00|96.00|1,264.02|0.00|212.06|98.07|1,357.00|281.79|463.42|390.42|912.18|1,027.77|554.68|1,144.33|476.54|154.76|1,141.51|| ||**Payments**||||Giving to missionary societies|Giving to relief and dev agencies|Home mission|Secular charities|**Total Charitable Giving**||**Parish Share**||**Clergy and Staf Costs**|Assistant Staf Costs|Salaries and honoraria|Visiting speakers|Working expenses of incumbent|**Total clergy and staf costs**||**Church Running Costs**|Training and Mission|Benefce weekend|Messy Church|Counselling and education|Insurance|Organ Tuning|Cleaning|Moveable furnishings|Upkeep of services|Materials for worship|Upkeep of churchyard|Flowers|Administration|Catering|Photocopying|Software licences|Website and publicity|Church Ofce|Electricity|Water|Oil|| 3 |||||||**17,861.89**|||||**11,089.51**||**0.00**||**99,599.89**||**4,456.65**||**48,259.37**|**52,716.02**||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||**2020**|**£**|**Restricted**||0.00|**6,827.29**|||951.60|9,014.00|**9,965.60**||**0.00**||**23,048.14**||**3,176.04**||**27,265.87**|**30,441.91**||| ||**2020**|**£**|**Unrestricted**||4,139.99|**15,074.60**|||1,123.91|0.00|**1,123.91**||**0.00**||**80,591.75**||**-2,759.39**||**20,993.50**|**18,234.11**||| |||||||**26,816.22**|||||**3,112.96**||**100.00**||**101,299.28**||**9,076.99**||**52,716.02**|**61,793.01**||| ||**2021**|**£**|**Restricted**||0.00|**11,717.08**|||1,291.40|0.00|**1,291.40**||**100.00**||**18,561.48**||**5,308.02**||**27,265.87**|**32,573.89**||| ||**2021**|**£**|**Unrestricted**||4,864.59|**15,099.14**||**Church Repairs and Maintenance**|1,821.56|0.00|**1,821.56**||**0.00**||**82,737.80**||
**3,768.97**||
**20,993.50**|
**24,762.47**||| ||**Payments Continued**||||Magazine costs|**Total running expenses**|||Regular maintenance|Major works|**Total Repairs and Maintenance**||**Fundraising and event costs**||**Total Payments**||**Excess of receipts over payment**||**Bank accounts and deposits b/fw**|**Bank accounts and deposits c/fw**||| 4 MoVe￿er￿S in Restri_c_ted F LMKIS duriro 2021 Furxj Bal bfv* Receipts Pawrert5 Trarsfer Bal cl Fabric MairtererKe 26.242.01 3 791.98 0.00 30 033.99 Russe 2,000.00 2,000.00 0.00 0.00 Messv chU￿h 571.63 0.00 25.67 0.00 Clock ma1nterkir￿e 37.61 256.74 0.00 294.35 ShawFloKer FL 277.40 299.09 0.00 576.49 Dorcas Brid es 5 609.58 3.16 0.00 5 612.74 ToKerFutxJ (Bellsl 2,281.36 0.23 0.00 2,281.59 Total 35 019.59 39 345.12 STATEfvf Mr OF ASSETS LwBLrrES AS AT 31 t%CEP•BER XQI F￿)d Trwt CIKrch B￿￿5 NS&d IniE5tnErtaccourt Baard of Firkir￿e Derosit FurKls trEkJ tw Di(Ke5e 2.281.59 42.284.69 11.675.11 25.CQ). 2.281.36 5.fA)9.58 ¢¢ Liatmllti Tlve as at 31 D￿errt￿ 2021. Apwo1￿ Par￿trial CtrK￿_h c.0￿￿11 on atKI sioned on its I £haimTn -c Scclt tes C￿ folh)Yim [￿7￿ fcThi rhartof ￿Cou￿5 NOTES TO THE FINANCIAL STATEMENTS **For the Year Ended 31 December 2021** ## **1. Accounting Policies of the Parochial Church Council** The Financial Statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2011 using the Receipts and Payments basis. ## **Funds** General funds represent the funds of the PCC that are not subject to any special restrictions regarding their use and are available for application to the general purposes of the PCC. These include funds designated for a particular purpose by the PCC. The accounts include monetary transactions, assets and liabilities for which the PCC can be held responsible. They do not include the accounts of other Church groups that owe an afliation to another body, nor those that are informal gatherings of Church members. Subject to the above, receipts and payments include income as received and expenditure when irrevocably paid. It is the aim of the PCC to retain a reserve fund against future works and maintenance. Members would like to see a sum of £25,000 held in this fund, although they appreciate that this may not always be possible. - . ## **Statement of Assets and Liabilities** The following assets are recognised but not valued in the Statement of Assets and Liabilities: - Moveable church furnishings held by the churchwardens on special trust for - the PCC and which require a faculty for disposal. - Land and buildings held on behalf of the PCC. - Other fxtures, fttings and ofce equipment where the PCC is free to - dispose of such assets without faculty and where the original cost exceeded £1,000. - Legacies where formal notifcation of entitlement and amount has been - received at 31 December by the PCC. - Investments held benefcially by the PCC. - Closing bank balances as shown in the receipts and payment account. The following liabilities are recognised in the Statement of Assets and Liabilities: - Any loan or overdraft advanced to the PCC - Any arrears of Diocesan Quota of Parish Share. - Creditors for goods or services where the supply has been received and - invoiced by 31 December. 7 l BU￿ PCC - Charftable giviffj 2021 Interr£tior£l l ￿tice Mission_ EpiCfft￿Se- Ar￿1 SLP TWAM WaterAid C FuckEs T0qe￿r Affliation Dork3tion storely)￿e Foodbarl( S Lft)Ik Historic CtrU[￿S Tnst IHaia FL￿1 300.00 305.00 783.00 i.CKK).00 I,(KJo.00 45.(Xl 283.55 783.00 0.00 417L(K) 7J3955