_**Charity number: 1185756**_
## **Christ Church & St. John, Clapham**
**(A Parochial Church Council registered as a charity, number: 1185756)**
## **Financial Statements**
## **and**
**Trustees' Report**
**for the year ended 31 December 2021**
AT **Christ Church & St. John, Clapham**
**(A Parochial Church Council registered as a charity, number: 1185756)**
**Index to the Financial Statements for the year ended 31 December 2021**
||**Page**|
|---|---|
|**Index to the Financial Statements**|**2**|
|**Charity Information**|**3**|
|**Trustees' Report**|**4**|
|**Statement of Trustees' Responsibilities**|**5**|
|**Independent Examiner's Report**|**6**|
|**Statement of Financial Activities**|**7**|
|**Statement of Financial Postion**|**8**|
|**Statement of Cash Flows**|**9**|
|**Accounting Policies**|**10 - 11**|
|**Notes to the Accounts**|**12 - 16**|
Page 2
AT **Christ Church & St. John, Clapham**
**(A Parochial Church Council registered as a charity, number: 1185756)**
## **Charity Information**
## **for the year ended 31 December 2021**
|**Status:**|The Parochial Church Council (PCC) is a corporate body established by the Church of|
|---|---|
||England. It is constituted and governed by the Parochial Church Councils (Powers)|
||Measure 1956 (as amended) and the Church Representation Rules (2011). The|
||members of the PCC are its trustees under charity law and are referred to as such|
||throughout this report.|
|**Charity name:**|Christ Church & St. John, Clapham|
|**Charity registration number:**|1185756|
|**Registered office:**|Christ Church Vicarage|
||39 Union Grove|
||London SW8 2QJ|
|**Operations address:**|Union Grove|
||Clapham|
||London SW8 2QJ|
|**Trustees who held office**|Revd Canon Penny Rose-Casemore|
|**during the year:**|Nsirim Anthony Akarolo|
||Josephine Akinlotan Traore-Olorho|
||Annabelle Briggs|
||Vernaldis Chee-A-Tow|
||Liz Grant|
||Fatmata Jackson|
||Pia Mwanakunda|
||Lucette Ognami|
||Tony Olutola|
||Rose Peake|
||Joan Senge|
||Peter Smith|
||Jane Sutton|
||Sharon Donaldson|
|**Chair:**|Revd Canon Penny Rose-Casemore|
|**Independent Examiner:**|**Anthony Armstrong FCA**|
||**Armstrong & Co**|
||_Chartered Accountants & Statutory Auditor_|
||4a Printing House Yard|
||Hackney Road|
||London E2 7PR|
|**Bankers:**|**Barclays Plc**|
||1 Churchill Place|
||London E14 5HP|
||0|
|**Investment managers:**|**CCLA**|
||Senator House|
||85 Queen Victoria Street|
||London EC4V 4ET|
Page 3
**(A Parochial Church Council registered as a charity, number: 1185756)**
## AT **Christ Church & St. John, Clapham**
## **Trustees' Report**
## **for the year ended 31 December 2021**
The Trustees of Christ Church & St. John, Clapham present their report together with the financial statements for the year ended 31 December 2021.
## **Trustees**
The Trustees of the charity who held office during the year are disclosed on page 3.
## **Risk mitigation**
The board has examined the principal areas of the charity's operations and considered the major risks which may arise in each of these areas. In the opinion of the trustees the charity has established resources and review systems which, under normal conditions, should allow the risks identified by them to be mitigated to an acceptable level in its day to day operations.
## **Activities**
Church worship resumed for one week in January 2021. Lockdown was introduced again and the church remained closed until end of March 2021 from which time worship in person resumed.
Some rental income came in from March 2021 due to government restrictions being lifted. Rental income up from 2020.
Further recommendations from Quinquennials have been completed this year notably roof improvements to St Johns.
## **Financial Review**
## **Results for the year**
The results of the period and financial position of the charity are shown in the annexed financial statements.
The Statement of Financial Activities shows net expenditure for the year of £1,573 and reserves of £286,182.
## **Tangible fixed assets for use by the charity.**
Fixed assets are set out in Note 9 to the accounts.
## **Reserves Policy**
The PCC is aware that it relies on church lettings and investment income to fill the gap between congregational giving and the cost of running the church buildings. The PCC's policy is to maintain unrestricted reserves of at least £60,000, to cover six months' operating costs. At 31 December 2021, unrestricted reserves stood safely above this level.
## **Independent Examiner**
The Independent Examiner, Anthony Armstrong FCA of Armstrong & Co, Chartered Accountant and Statutory Auditor, has indicated his willingness to be proposed for re-appointment.
The financial statements were approved by the Board of Trustees on 1 May 2022 and signed on its behalf by:
## **Revd Canon Penny Rose-Casemore Trustee**
Page 4
**(A Parochial Church Council registered as a charity, number: 1185756)**
## AT **Christ Church & St. John, Clapham**
## **Statement of Trustees' Responsibilities for the year ended 31 December 2021**
The trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are required by law to prepare financial statements for each financial period which give a true and fair view of the financial activities of the charity and of its financial position at the end of that period. In preparing those financial statements the trustees are required to:
- a) Select suitable accounting policies and apply them consistently;
- b) Observe the methods and principles in the Charities SORP;
- c) Make judgements and estimates that are reasonable and prudent;
- d) Follow applicable accounting standards and statements of recommended practice, subject to any material departures disclosed and explained in the accounts;
- e) Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in operation.
The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 5
AT **Christ Church & St. John, Clapham**
**(A Parochial Church Council registered as a charity, number: 1185756)**
## **Independent Examiner's Report to the PCC of Christ Church & St. John, Clapham**
I report on the accounts of Christ Church & St. John, Clapham for the period from 1 January 2021 to 31 December 2021, which are set out on pages 7 to 16. My report is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 ('the Regulations') and the Charities Act 2011 ( 'the Charities Act' ).
This report is made solely to the charity's trustees as a body in accordance with section 145 of the Charities Act and regulations made under section 154 of that Act. My examination has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the PCC and its members as a body, for my examination, for this report, or for the opinions I have formed.
## **Respective responsibilities of trustees and examiner**
As described on page 5, the PCC are responsible for the preparation of the accounts. The PCC consider that an audit is not required for this year under section 144 of the the Charities Act and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under charity law and is eligible for independent examination, it is my responsibility to:
- a) examine the accounts under section 145 of the Charities Act,
- b) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act, and
- c) to state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- **-** the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
**Anthony Armstrong FCA, Independent Examiner of Armstrong & Co** _Chartered Accountants & Statutory Auditor_
**4a Printing House Yard Hackney Road London E2 7PR**
**Dated: 1 May 2022**
Page 6
**(A Parochial Church Council registered as a charity, number: 1185756)**
## FS **Christ Church & St. John, Clapham**
## **Statement of Financial Activities**
## **for the year ended 31 December 2021**
|**Notes**
**Income from:**
Donations and legacies
3
Other trading activities
4
Investments
5
Income
6
**Total income**
**Expenditure on:**
Charitable activities
7
**Total expenditure**
**Total income less total expenditure**
Net gains/(losses) on investments
10
**Reconciliation of funds:**
Total funds brought forward
15
**Total funds carried forward**
14
**Net income/(expenditure) and movement in funds**|||**2021**
**2020**
**Total Funds**
**Total Funds**
£
£
43,925
25,913
41,811
62,668
4,589
4,421
2,048
831
**92,373**
**93,833**
116,596
100,183
**116,596**
**100,183**
**(24,223)**
**(6,350)**
22,650
10,175
(1,573)
3,825
287,755
283,930
**286,182**
**287,755**|
|---|---|---|---|
||**Unrestricted**
**Funds**|**Restricted Funds**||
||£
35,176
41,811
4,589
2,048|£
8,749
-
-
-
**8,749**
6,843
**6,843**
**1,906**
-
1,906
26,201
**28,107**||
||**83,624**|||
||109,753|||
||**109,753**|||
||**(26,129)**
22,650|||
||(3,479)
261,554|||
||**258,075**|||
All incoming resources and resources expended are derived from continuing activities.
There are no gains and losses other than those noted above and therefore no separate statement of total recognised gains and losses has been prepared.
The accompanying accounting policies and notes form an integral part of these financial statements.
Page 7
## **Christ Church & St. John, Clapham**
## **(A Parochial Church Council registered as a charity, number: 1185756)**
## **Statement of Financial Postion**
## **as at 31 December 2021**
|**Notes**
**Fixed assets:**
Investments
10
**Total fixed assets**
**Current assets:**
Debtors
11
Cash at bank and In hand
12
**Total current assets**
13
**Net current assets/(liabilities)**
**Total net assets**
**The funds of the charity:**
Restricted income funds
18
Unrestricted income funds
16
**Total charity funds**
21
**Creditors: amounts falling due within one year**|£
£
£
£
180,169
157,520
180,169
157,520
4,222
3,092
103,212
130,268
107,434
133,360
1,421
3,125
106,013
130,235
286,182
287,755
28,107
26,201
258,075
261,554
286,182
287,755
**31 December 2021**
**31 December 2020**|£
£
£
£
180,169
157,520
180,169
157,520
4,222
3,092
103,212
130,268
107,434
133,360
1,421
3,125
106,013
130,235
286,182
287,755
28,107
26,201
258,075
261,554
286,182
287,755
**31 December 2021**
**31 December 2020**|
|---|---|---|
||£
4,222
103,212
107,434
1,421|£
157,520|
|||157,520
130,235|
|||287,755|
|||26,201
261,554|
|||287,755|
**The financial statements were approved by the Board of Trustees on 1 May 2022 and signed on its behalf by:**
**Revd Canon Penny Rose-Casemore Trustee**
_**The notes on pages 10 to 16 form part of these accounts.**_
Page 8
**(A Parochial Church Council registered as a charity, number: 1185756)**
## **Christ Church & St. John, Clapham**
## **Statement of Cash Flows**
## **for the year ended 31 December 2021**
|**Notes**
**Cash flows from operating activities:**
Net cash provided by/(used in) operating activities
**1**
**Cash flows from investing activities:**
Dividends, interest and rents from investments
**Net cash provided by/(used in) investing activities**
**Change in cash and cash equivalents in the reporting period**
**Cash and cash equivalents at the beginning of the reporting period**
**2**
**Cash and cash equivalents at the end of the reporting period**
**2**
**Notes to the Cash Flow Statement**
**1)**
**Adjustments for:**
(Gains)/losses on investments
Dividends, interest and rents from investments
(Increase)/decrease in debtors
Increase/(decrease) in creditors
**Net cash provided by/(used in) operating activities**
**2)**
**Analysis of cash and cash equivalents**
Cash in hand
**Total cash and cash equivalents**
**Reconciliation of net income/(expenditure) to net cash flow from**
**operating activities**
Net income/(expenditure) for the reporting period (as per the statement of financial
activities)|**2021**
£
(31,645)
4,589
4,589
(27,056)
130,268
**103,212**
**2021**
£
(1,573)
(22,650)
(4,589)
(1,130)
(1,703)
**(31,645)**
**2021**
£
103,212
**103,212**|**2020**
£
(11,458)|
|---|---|---|
|||4,421|
|||4,421|
|||(7,037)
137,305|
|||**130,268**|
|||**2020**
£
3,825
(10,175)
(4,421)
(557)
(131)|
|||**(11,458)**|
|||**2020**
£
130,268|
|||**130,268**|
Page 9
**(A Parochial Church Council registered as a charity, number: 1185756)**
## **Christ Church & St. John, Clapham**
## **Accounting Policies**
## **for the year ended 31 December 2021**
## **Basis of preparation**
The financial statements have been prepared in accordance with:
- a) Applicable UK accounting standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)'.
- b) Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP FRS 102);
- c) the Charities Act 2011.
- d) The Church Accounting Regulations 2006.
## **Public benefit entity**
The charity meets the defination of a public benefit entity under FRS 102.
## **Going concern**
The charity's income is mainly derived from self-generated sources such as rental of church premises and donations from supporters. The trustees consider that there are no material uncertainties about the continued demand for, and the charity's ability to continue to provide, these premises, and the continued support by donations. Accordingly, the accounts have been prepared on a going concern basis.
## **Income recognition**
Income is recognised when the charity has a contractual or other right to its receipt, it is probable that the income will be received and that the amount can be measured reliably. Income with conditions attached to its receipt is recognised when those conditions have been fulfilled.
- Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due is quantifiable and its receipt is reasonably certain.
- Dividends are accounted for when receivable.
- Realised gains and losses are recognised when investments are sold.
- Unrealised gains and losses are accounted for on revaluation of investments at 31 December
- The income from trading activities includes rental income from the letting of church premises and freehold land and buildings which is accounted for when earned. It is shown gross, with the associated costs included in fundraising costs.
- Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
## **Restricted Funds**
Restricted funds are to be used for specified purposes as laid down by the funder. Direct and support expenditure which meets these criteria are identified to the fund together with a fair allocation of other costs.
## **Unrestricted Funds**
Unrestricted funds are funds received which have no restrictions placed on their use and are available as general funds.
## **Designated Funds**
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
## **Allocation of costs**
Costs are allocated directly to projects where they can be identified as relating solely to that project. Other costs are allocated between the funds based on staff time spent on the fund activities or other appropriate criteria.
Page 10
**(A Parochial Church Council registered as a charity, number: 1185756)**
## **Christ Church & St. John, Clapham**
## **Accounting Policies**
## **for the year ended 31 December 2021**
## **Tangible Fixed Assets**
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Church improvements - 20% on cost Office equipment - 20-25% on cost Refurbishment of Vicarage flat - 20% on cost
Items of equipment are only capitalised where the purchase price exceeds £1,000.
## _Consecrated Property and Moveable Church Furnishings_
Consecrated land and benefice property such as the church building and vicarage is excluded from the accounts in accordance with s10 of the Charities Act 2011. Moveable church contents are held by the vicar and churchwardens on special trust for the PCC and require a faculty for disposal are accounted as inalienable property unless consecrated. All expenditure incurred on consecrated or benefice buildings and moveable church furnishings, whether maintenance or improvement, is expensed within the Statement of Financial Activities.
For inalienable property acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsequently no individual item has cost more than £1,000 so all such expenditure has been written off when incurred.
The cost of the refurbishment of the vicarage flat is to be written off over a period of five years which is also the period over which the refurbishments will generate rental income. Equipment is depreciated on a straight line basis over four years. Individual items of office equipment with a purchase price of £1,000 or less are written off when the asset is acquired.
## **Investments**
Fixed assets held for investment purposes are not depreciated. Under SORP 2015 (FRS102), investment properties are measured initially at cost and subsequently at fair value at the reporting date.
Investments are shown in the balance sheet at closing market value. Surpluses or deficits on valuation are credited or charged to the statement of financial activities.
Page 11
**(A Parochial Church Council registered as a charity, number: 1185756)**
## **Christ Church & St. John, Clapham**
## **Notes to the Accounts**
## **for the year ended 31 December 2021**
## **1 Incoming resources**
The incoming resources and surplus are attributable to the principal activities of the charity.
## **2 Net outgoing resources**
_Net outgoing resources are stated after charging:_ Independent Examiner's fees - reporting service
## **Trustees' emoluments**
|**2021**
£
1,200
-|**2020**
£
1,250|
|---|---|
||-|
Emoluments include salaries, fees, bonuses, expense allowances and estimated non-cash benefits receivable. All trustees serve in a voluntary capacity and do not receive payment for their services.
|**Income from donations and legacies**
Stewardship giving
Income tax recoverable
General collections
Legacies
Donations & grants
St John's Community Development Project
Charity for repair of St John the Evangelist|**Unrestricted**
£
9,110
2,820
7,471
-
7,775
8,000
-
35,176|**Restricted**
£
-
-
-
-
5,000
-
3,749
8,749|**2021**
**2020**
**Total**
**Total**
£
£
9,110
10,919
2,820
3,248
7,471
4,070
-
3,000
12,775
-
8,000
1,000
3,749
3,676
43,925
25,913|
|---|---|---|---|
- **3 Income from donations and legacies**
|**4**
**Income from other trading activities**
St John's Hall
Calvary Believers
Apostolic Cell
Iglesia Apui
Testimonial Ministries
Union Grove Community Nursery
Presbyterian Church of Ghana
Alcoholics Anonymous
Peace Congregation
Rent from 39a Union Grove|**Unrestricted**
£
6,700
1,500
400
17,533
5,400
-
-
88
-
10,190
41,811|**Restricted**
£
-
-
-
-
-
-
-
-
-
-
-|**2021**
**2020**
**Total**
**Total**
£
£
6,700
4,950
1,500
-
400
-
17,533
8,090
5,400
3,600
-
36,000
-
2,345
88
347
-
573
10,190
6,763
41,811
62,668|
|---|---|---|---|
|**Income from investments**
CBF investment fund
Interest received|**Unrestricted**
£
4,578
11
4,589|**Restricted**
£
-
-
-|**2021**
**2020**
**Total**
**Total**
£
£
4,578
4,421
11
-
4,589
4,421|
|---|---|---|---|
- **5 Income from investments**
|**6**
**Other income**
Fees & funerals|**Unrestricted**
£
2,048
2,048|**Restricted**
£
-
-|**2021**
**2020**
**Total**
**Total**
£
£
2,048
831
2,048
831|
|---|---|---|---|
Page 12
**(A Parochial Church Council registered as a charity, number: 1185756)**
## **Christ Church & St. John, Clapham**
## **Notes to the Accounts**
## **for the year ended 31 December 2021**
|**7**
**Expenditure on charitable activities**
**_Ministry_**
Diocesan assessment
DBF share of parochial fees
Clergy & SPA expenses
Training
**_Worship_**
Worship & sacristy materials
Musicians
**_Church maintenance_**
Insurance
Gas & electricity
Water rates
Maintenance & repairs
Cleaning & gardening
Organ tuning & repairs
**_Other parish activities_**
Sunday school
Hospitality
Mission
Citizens UK
Siblings Link expenses
**_Management & administration_**
Administrative assistance
Printing & office expenses
Telephone
Robes expenses
Sundries
Independent examiner's fees
**8**
**Staff costs**
Salaries
Pensions
Number of employees during the year was:
Average number of FTE employees during the year was:|**Unrestricted**
£
17,003
-
667
1,822
19,492
2,105
3,115
5,220
8,989
16,927
240
18,272
6,999
376
51,803
271
1,807
278
140
-
2,496
25,082
2,262
1,833
-
415
1,150
30,742
109,753|**Restricted**
£
-
-
-
-
-
-
-
-
-
-
-
5,008
-
-
5,008
-
-
-
-
1,835
1,835
-
-
-
-
-
-
-
6,843|**2021**
**Total**
£
17,003
-
667
1,822
19,492
2,105
3,115
5,220
8,989
16,927
240
23,280
6,999
376
56,811
271
1,807
278
140
1,835
4,331
25,082
2,262
1,833
-
415
1,150
30,742
116,596
**2021**
£
26,593
702
27,295
2.0
1.0|**2020**
**Total**
£
17,000
838
728
423|
|---|---|---|---|---|
|||||18,989|
|||||1,969
1,755|
|||||3,724|
|||||9,224
12,164
-
14,049
7,655
592|
|||||43,684|
|||||-
1,781
664
1,000
-|
|||||3,445|
|||||19,718
5,876
2,396
706
395
1,250|
|||||30,341|
||||||
|||||100,183|
|||||**2020**
£
20,834
608|
|||||21,443|
|||||2.0|
|||||1.0|
No remuneration was paid to any Trustee or their associates for services as a trustee during the year ended 31 December 2021 nor to 31 December 2020.
Employees paid in excess of £60,000 during the current year and previous year:
None None
Page 13
**(A Parochial Church Council registered as a charity, number: 1185756)**
## **Christ Church & St. John, Clapham**
## **Notes to the Accounts**
## **for the year ended 31 December 2021**
|**9**
**10 **|**Tangible fixed assets**
**Tan**
**gibl**
**e 1**
**Tangible 2**
£
£
**Cost**
As at 1 January 2021
-
-
As at 31 December 2021
-
-
**Depreciation**
As at 1 January 2021
-
-
As at 31 December 2021
-
-
**Net book value**
As at 31 December 2021
-
-
As at 31 December 2020
-
-
**Investments**
**Market value**
As at 1 January 2021
Revaluations
As at 31 December 2021|**Tangible fixed assets**
**Tan**
**gibl**
**e 1**
**Tangible 2**
£
£
**Cost**
As at 1 January 2021
-
-
As at 31 December 2021
-
-
**Depreciation**
As at 1 January 2021
-
-
As at 31 December 2021
-
-
**Net book value**
As at 31 December 2021
-
-
As at 31 December 2020
-
-
**Investments**
**Market value**
As at 1 January 2021
Revaluations
As at 31 December 2021|**Church**
**improvements**
£
9,981
9,981
9,981
9,981
-
-|**Office equipment**
£
2,960
2,960
2,960
2,960
-
-
**#N/A**
£
-
-
-|**Refurbishment of**
**Vicarage flat**
£
39,526
39,526
39,526
39,526
-
-
**CBF Investment**
**Fund**
£
157,520
22,649
180,169|**Total**
£
52,467|
|---|---|---|---|---|---|---|
|||||||52,467|
|||||||52,467|
|||||||52,467|
|||||||-|
|||||||-|
|||||||**Total**
£
157,520
22,649|
|||||||180,169|
||||||||
||**CBF Investment Fund**|Church Board of Finance Investment Fund Shares were purchased in 1997 from the sale
proceeds of 330 Clapham Road. Some shares were sold in 2016. The charity currently holds
7,704 units in the fund.|||||
|**11 Debtors: amounts falling due within one year**
Accrued income
**12 Bank and cash in hand**
CBF Deposit
Christ Church deposit account
Christ Church & St John's joint account
Christ Church No 1 account
Christ Church Hall account
St John's current account
**13 Creditors: amounts falling due within one year**
Funds for others
Employment taxes & NI
Staff pensions
Net salaries
Accruals & deferred income|**2021**
£
4,222
4,222
**2021**
£
-
214
101,255
709
44
990
103,212
**2021**
£
-
(43)
114
-
1,350
1,421|**2020**
£
3,092|
|---|---|---|
|||3,092|
|||**2020**
£
43
203
128,279
709
44
990|
|||130,268|
|||**2020**
£
(25)
(48)
278
78
2,842|
|||3,125|
Page 14
**(A Parochial Church Council registered as a charity, number: 1185756)**
## **Christ Church & St. John, Clapham**
## **Notes to the Accounts**
## **for the year ended 31 December 2021**
|**14 **
**15 **
**16 **
**17 **|**The funds of the charity: current year**
_Restricted funds_
Restricted income funds
_Unrestricted funds_
Designated funds
General funds
_Total unrestricted funds_
**The funds of the charity: prior year**
_Restricted funds_
Restricted income funds
_Unrestricted funds_
Designated funds
General funds
_Total unrestricted funds_|**The funds of the charity: current year**
_Restricted funds_
Restricted income funds
_Unrestricted funds_
Designated funds
General funds
_Total unrestricted funds_
**The funds of the charity: prior year**
_Restricted funds_
Restricted income funds
_Unrestricted funds_
Designated funds
General funds
_Total unrestricted funds_|**Opening**
**balance**
£
26,201
18,000
243,554
261,554
287,755
**Opening**
**balance**
£
22,525
18,000
243,405
261,405
283,930|**Resources**
**arising**
£
8,749
-
83,624
83,624
92,373
**Resources**
**arising**
£
3,676
-
90,157
90,157
93,833|**Resources**
**utilised**
£
(6,843)
(8,295)
(101,458)
(109,753)
(116,596)
**Resources**
**utilised**
£
-
-
(100,183)
(100,183)
(100,183)|**Other**
**movements**
£
-
-
22,650
22,650
22,650
**Other**
**movements**
£
-
-
10,175
10,175
10,175|**Closing**
**balance**
£
28,107
9,705
248,370|
|---|---|---|---|---|---|---|---|
||||||||258,075|
|||||||||
||||||||286,182|
||||||||**Closing**
**balance**
£
26,201
18,000
243,554|
||||||||261,554|
|||||||||
||||||||287,755|
|||||||||
||**General funds**|General funds of £248,370 are unencumbered and freely available for use by the charity.
Included in this amount is £180,169 held in fixed assets, comprising £Nil in tangible assets and
£180,169 in long term investment assets.||||||
||**Designated funds: current year**
Christ Church Community Hall repairs
**Designated funds: prior year**
Christ Church Community Hall repairs||**Opening**
**balance**
£
18,000
18,000
**Opening**
**balance**
£
18,000
18,000|**Resources**
**arising**
£
-
-
**Resources**
**arising**
£
-
-|**Resources**
**utilised**
£
8,295
8,295
**Resources**
**utilised**
£
-
-|**Transfers &**
**adjustments**
£
-
-
**Transfers &**
**adjustments**
£
-
-|**Closing**
**balance**
£
9,705|
||||||||9,705|
||||||||**Closing**
**balance**
£
18,000|
||||||||18,000|
|||||||||
||**Christ Church Community Hall**
**repairs**|In October 2004 a donation of £18,000 was
have designated this donation to the future
utilised.|||received from the Union Grove Nursery. The PCC
repairs of the Church Hall. In 2021 £8,295 was|||
|**18 Restricted funds: current period**
Siblings Link
Charity for St John Repairs
**19 Restricted funds: prior period**
Charity for St John Repairs|**Opening**
**balance**
£
-
26,201
26,201
**Opening**
**balance**
£
22,525
22,525|**Incoming**
**resources**
£
5,000
3,749
8,749
**Incoming**
**resources**
£
3,676
3,676|**Resources**
**expended**
£
1,835
5,008
6,843
**Resources**
**expended**
£
-
-|**Transfers &**
**gains/(losses)**
£
-
-
-
**Transfers &**
**gains/(losses)**
£
-
-|**Closing**
**balance**
£
3,165
24,942|
|---|---|---|---|---|---|
||||||28,107|
||||||**Closing**
**balance**
£
26,201|
||||||26,201|
Page 15
**(A Parochial Church Council registered as a charity, number: 1185756)**
## **Christ Church & St. John, Clapham**
## **Notes to the Accounts**
## **for the year ended 31 December 2021**
## **Restricted funds (continued)**
Projects financed by restricted funds are supported by unrestricted funding where necessary. This occurs where the funding is in arrears or the incidence of expenditure on the project occurs disproportionately at the beginning of the project compared to the income flows. Where restricted projects end the year with a deficit, this is met by after year-end restricted income or transfers from unrestricted funds.
**Siblings Link** Grant received to fund an afterschool homework club for children and siblings where they have help doing homework and are provided a homecooked meal. **Charity for St John Repairs** Grant from Southwark Diocese to enhance the local area and visibility of the west end of the church. Funds spent on gardeners' hours, tools and materials to reform the garden and plant trees and plants.
|**20 Transfers between funds**
Designated to general|**General funds**
(8,295)
(8,295)|**Designated**
**funds**
8,295
8,295|**Restricted**
**funds**
-|**Endowment**
**funds**
-|**Total**
-|
|---|---|---|---|---|---|
||||||-|
Transfer to general funds of £8,295 to cover the amount spent on the Church Hall from the funds previously designated for this purpose.
|**21 Net assets attributable to funds: current General funds**
Fixed assets
180,169
Current assets
69,622
Current liabilities
(1,421)
Net assets represented by funds
248,370
**22 Net assets attributable to funds: prior peGeneral funds**
Fixed assets
157,520
Current assets
89,159
Current liabilities
(3,125)
Net assets represented by funds
243,554|**Designated**
**funds**
£
-
9,705
-
9,705
**Designated**
**funds**
£
-
18,000
-
18,000|**Restricted**
**funds**
£
-
28,107
-
28,107
**Restricted**
**funds**
£
-
26,201
-
26,201|**Endowment**
**funds**
£
-
-
-
-
**Endowment**
**funds**
£
-
-
-
-|**Total**
£
180,169
107,434
(1,421)|
|---|---|---|---|---|
|||||286,182|
|||||**Total**
£
157,520
133,360
(3,125)|
|||||287,755|
## **23 Taxation**
The PCC is a registered charity. Accordingly, it is exempt from taxation in respect of income and capital gains to the extent that these are applied to its charitable objects.
## **24 Post balance sheet events**
There were no significant post balance sheet events.
## **25 Contingent liabilities**
The charity had no material contingent liabilities at 31 December 2021 nor at 31 December 2020.
## **26 Related parties**
During the year the members of the PCC and their related parties made aggregate donations of £2,060 (2020: £2,780) to the PCC.
## **27 Transactions with trustees**
As organist, one member of the PCC was paid £Nil (2020: £Nil).
## **28 Gifts in kind and volunteers**
During the year the charity benefited from unpaid work performed by volunteers.
Page 16