| Charity Registration Number: |
1192804 | 1192804 | |
|---|---|---|---|
| The Ecclesiastical Parish | of Huntingdon. | . | |
| Trustees AnnualReportandFinancial | Statements. . | ||
| FOR THE YEAR ENDED 31DECEMBER 2021.. | |||
| CHAIR'5 REPORT. | |||
| REPORT OF THE TRUSTEES.. | . | ||
| Charitable Activities. .. |
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| Sunday Worship .. | |||
| Morning Prayer. . |
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| Life events | |||
| Thrive Schools Work ........ | . | ||
| Thrive Community Work .. |
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| The Living Room (TLR).. | |||
| Meet Ik Eat | |||
| Chatty Cafe .. | |||
| Children and Families Ministry |
and Young Church .. | ||
| Footsteps. | |||
| Recharge 8 Recharge Plus...... | |||
| Snack Shack Ik Picnic in the Park. | |||
| Bellringers Report. |
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| FINANCIAL REVIEW. | |||
| Structure, Governance and Management. . |
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| REFERENCE AND ADMINISTRATIVE | INFORMATION. | ||
| STATEMENT OF TRUSTEES' RESPONSIBILITIES. | |||
| Responsibilities and basis ofreport |
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| Independent Examiner's Statement |
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| David S Black CA. | |||
| For ESBAccountancy. | |||
| STATEMENT OF FINANCIAL ACTIVITY. | |||
| BALANCE SHEET. | |||
| NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR | ENDED 31DECEMBER 2021.... | ||
| Income. . | |||
| Expenditure. | |||
| Governance costs |
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| Allocation and apportionment |
ofcosts...... |
| Tangible fixed assets ..... | |
|---|---|
| Taxation. | ...18 |
| NOTES TO THE FINANCIAL STATEMENTS | ...19 |
| FOR THE YEAR ENDED 31DECEMBER 2021. | ...19 |
| 1. ACCOUNTING POLICIES —continued |
...19 |
| 7. TRUSTEES' REMUNERATION AND BENEFITS. |
...20 |
| Trustees' expenses . | ...20 |
| 8. STAFF COSTS. |
...20 |
| F | or (he y | ear ende | d 31 Decemb | er 2021 | ||
|---|---|---|---|---|---|---|
| 31.12.21 | 31.12.20 | |||||
| Unrestricted | Restricted | Total funds | Total | |||
| funds | funds | funds | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
46,998 | 101,421 | 148,419 | 33,035 | ||
| Charitable activities |
||||||
| Church activities | 25,486 | 25,486 | 75,888 | |||
| Other income | 1,020 | |||||
| investment income |
19,806 | 19,806 | 37,201 | |||
| Total | 92,290 | 101,421 | 193,711 | 147,144 | ||
| EXPENDITURE ON | ||||||
| Cost ofgenerating funds |
||||||
| Other activities |
1,363 | 633 | 1,996 | 13,540 | ||
| 1,363 | 633 | 1,996 | 13,540 | |||
| Charitable activities |
5&6 | |||||
| Ministry and mission Property |
49,210 55,445 |
109,816 200 |
159,026 118,958 55,645 27,127 |
|||
| Total | 106,018 | 110,649 | 216,667 159,625 | |||
| Net gains/(losses) on investments |
130,365 | 130,365 | 61,260 | |||
| NET INCOME/(EXPENDITURE) | 116,637 | (9,228) | 107,409 | 48,779 | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward | 917,468 | 22,997 | 940,465 891,686 | |||
| TOTAL FUNDS CARRIED FORWARD | 1,034,105 | 13,769 | 1,047,874 940,465 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | Funds | funds | funds | ||
| Notes | E | f | f | E | |
| FIXEDASSETS | |||||
| Tangible assets | 10 | 2,004 | 2,004 | ||
| Investments | 1,000,294 | 1,000,294 | 869,929 | ||
| 1,002,298 | 1,002,298 | 869,929 | |||
| CURRENT ASSETS | |||||
| Debtors Cash at bank |
12 | 6,146 29,248 |
13,769 | 6,146 43,017 |
2,749 70,351 |
| 35,394 | 13,769 | 49,163 | 73,100 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
13 | (3,587) | (3,587) | (2,564) | |
| NET CURRENT ASSETS | 31,807 | 13,769 | 45,576 | 70,536 | |
| TOTAL ASSETS LESSCURRENT | |||||
| LIABILITIES | 1,034,105 | 13,769 | 1,047,874 | 940,465 | |
| NET ASSETS | 1,034,105 | 13,769 | 1,047,874 | 940,465 | |
| FUNDS | 14 | ||||
| Unrestricted funds Restricted funds |
1,034,105 13,769 |
917,468 22,997 |
|||
| TOTAL FUNDS | 1,047,874 | 940,465 |
| 31.12.21 | 31.12.20 | |||
|---|---|---|---|---|
| Donations and planned |
giving | f 19,241 |
f 17,596 |
|
| Grants | 122,089 | 81,558 | ||
| Legacies | 3,000 | |||
| Gift Aid | 4,088 | 435 | ||
| 148,419 | 99,589 | |||
| GENERATING | FUNDS | |||
| 31.12.21 f |
31.12.20 f |
|||
| Fees retained | 2,682 | 4,380 | ||
| Church lettings | Ik Electricity generation | 22,804 | 18,674 | |
| 25,486 | 23,055 | |||
| INCOME FROM GRAN15 | ||||
| Grants received, included | in the above, are as follows: | 31.12.21f | 31.12.20 E |
|
| Ely Diocese Central Market Towns grant | 100,867 | 81,558 | ||
| Covid19 Recovery grants | 18,000 | |||
| Listed Places ofWorship | —VAT grant | 3.222 | ||
| 122,089 | 81,558 |
| 5. | DIRECT COSTS OF CHURCH ACTIVITIES | |||
| 31.12.21 | 31.12.20 | |||
| Ely Diocese Parish Share | 40,338 | 40,363 | ||
| Mission giving &donations | 635 | 2,291 | ||
| Local mission 8 evangelism | 14,390 | 12,978 | ||
| Salaries &honoraria | 100,109 | 63,143 | ||
| Clergy &staff expenses | 3,554 | 3,018 | ||
| 159,026 | 118,958 | |||
| 6. | SUPPORT COSTS | |||
| Church building major repairs |
E 20,104 |
|||
| Church building running |
expenses | 33,518 | 24,105 | |
| Governance costs |
||||
| 1,500 | 2,760 | |||
| Asset depreciation | 523 | 262 | ||
| 55,645 | 27,127 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| INCOME AND ENDOWMENTS | FROM | fundsf | fundsf | fundsf |
| Donations and legacies |
10,329 | 22,706 | 33,035 | |
| Charitable activities |
||||
| Church activities | 14,530 | 61,358 | 75,888 | |
| Investment income |
37,201 | 37,201 | ||
| Other income | 500 | 520 | 1,020 | |
| Total | 62,560 | 84,584 | 147,144 | |
| EXPENDITURE ON | ||||
| Cost of raising funds | 2,891 | 10,649 | 13,540 | |
| Charitable activities |
||||
| Church activities | 82,154 | 63,931 | 146,085 | |
| Total | 85,045 | 74,580 | 159,625 | |
| Net Gain on Investments | 61,260 | 61,260 | ||
| NET INCOME/(EXPENDITURE) | 38.775 | 10,504 | 48,779 | |
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward | 878,693 | 12,993 | 891,686 | |
| TOTAL FUNDS CARRIED FORWARD | 917,468 | 22,997 | 940,465 |
| 10. | TANGIBLE FIXEDASSETS | TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|---|---|
| Plant and | Computer | Totals | ||||
| COST | equipment f |
equipment E |
E | |||
| At 1January 2021 | 3,960 | 700 | 4,660 | |||
| Additions in year |
2,527 | 2,527 | ||||
| At 31December 2021 | 6,487 | 700 | 7,187 | |||
| DEPRECIATION | ||||||
| At 1January 2021 | 3,960 | 700 | 4,660 | |||
| Charge for year | 523 | 523 | ||||
| At 31December 2021 | 4,483 | 700 | 5,183 | |||
| NET BOOK VALUE | ||||||
| At 31December 2021 | 2,004 | 2,004 | ||||
| At 31December 2020 | ||||||
| 11. | FIXEDASSET INVESTMENTS | |||||
| Listed | ||||||
| MARKET VALUE | Investmentsf | |||||
| At 1January 2021 | 869,929 | |||||
| Revaluations | 130,365 | |||||
| At 31December 2021 | 1,000.294 | |||||
| NET BOOK VALUE | ||||||
| At 31December 2021 | 1,000,294 | |||||
| At 31December 2020 | 869,929 | |||||
| There were no investment | assets outside the UK. | |||||
| 12. | DEBTORS:AMOUNTS | DUE WITHIN ONE YEAR | ||||
| 2021 | 2020 | |||||
| Sundry debtors &prepayments | f 6 147 |
E 2 749 |
| 13. | CREDITORS: AMOUNTS DUE WITHIN ONE |
CREDITORS: AMOUNTS DUE WITHIN ONE |
CREDITORS: AMOUNTS DUE WITHIN ONE |
YEAR | |||
|---|---|---|---|---|---|---|---|
| Sundry creditors 8 accruals | 2()21 E 3,587 |
2020 f 2,564 |
|||||
| 14. | MOVEMENT IN FUNDS |
||||||
| Net | Transfer | ||||||
| At 1.1.21 | movement in funds |
between funds |
At 31.12.21 | ||||
| Unrestdcted funds |
|||||||
| General fund | 156,244 | 260,176 | (163,000) | 253,420 | |||
| Designated: —St Barnabas Church | 16,686 | (2,322) | 14,364 | ||||
| Designated | —All Saints Refurbishment | 630,000 | (85,997) | 544,053 | |||
| Designated | —Parish Share Expenses | 114.538 | (53,876) | 60,662 | |||
| Designated | —Member Grants Fund | 75,000 | 75,000 | ||||
| Designated | —Youth &Children's | Missionary | 70,000 | 70,000 | |||
| Designated | —Curates Fund |
(723) | 6,000 | 5,277 | |||
| Designated | —Children's Ministry |
Fund | (671) | 6,000 | 5,329 | ||
| Designated | —Youth Ministry Fund |
6,000 | 6,000 | ||||
| 917,468 | 116,637 | 1,034,105 | |||||
| Restricted | funds | ||||||
| Restricted: | - Community Reach Fund |
241 | (27) | 214 | |||
| Restricted: | - Pastoral Fund |
873 | 873 | ||||
| Restricted; | —Recharge | 38 | 38 | ||||
| Restricted: | —AV &Cafe 2535 | 1,324 | (1,324) | ||||
| Restricted: | - Thrive Project (General) | 6,104 | 3,253 | 9,357 | |||
| Restricted: | —Thrive (Biblical Resources) | 750 | 750 | ||||
| Restricted: | - Thrive (Salaries) | 10,061 | (10,061) | ||||
| Restricted: | —Thrive (Crime &Covid) | 1,280 | (1,280) | ||||
| Endowment | fund —Land re Curfew | Bell | 2,364 | 173 | 2,537 | ||
| 22,997 | (9,228) | 13,769 | |||||
| TOTAL FUNDS | 940,465 | 107,409 | 1,047,874 |
| Notes | tothe Financial Statements for the y | tothe Financial Statements for the y | ear ended | 31December | 2021 | ||
|---|---|---|---|---|---|---|---|
| 14. | MOVEMENT IN FUNDS - continued |
||||||
| Net movement in funds, included in the page, are as follows: |
previous | Incoming esou ces |
Resources expended |
Gains and losses |
Movement in funds |
||
| Unrestricted funds |
|||||||
| General fund | 92,290 | 38,924 | 130,365 | 260,175 | |||
| Designated: —St Barnabas Church | (2,322) | (2,322) | |||||
| Designated: —All Saints Refurbishment | (85,997) | (85,997) | |||||
| Designated: —Parish Share Expenses | (53,876) | (53,876) | |||||
| Designated: —Member Grants Fund |
|||||||
| Designated: —Youth &Children's | Missionary | ||||||
| Designated: —Curates Fund |
(723) | (723) | |||||
| Designated: —Children's Ministry |
Fund | (671) | (671) | ||||
| Designated: —Youth Ministry Fund |
|||||||
| 92,290 | (104,665) | 130,365 | 116,637 | ||||
| Restricted funds | |||||||
| Restricted: - Community Reach Fund |
(27) | (27) | |||||
| Restricted; —Pastoral Fund |
|||||||
| Restricted: - Recharge | 38 | 38 | |||||
| Restricted: - AV &Cafe 2535 Restricted: —Thrive Project (general) |
4,862 | (1,324) (1,609) |
(1,324) 3,253 |
||||
| Restricted: - Thrive (Mission Scripture | Union) | ||||||
| Restricted: - Thrive (Salaries) | (10,061) | (10,061) | |||||
| Restricted: - Thrive (Motorcycle & | Covid) | (1,280) | (1,280) | ||||
| Restricted: - Employees | 96,348 | (96,348) | |||||
| Endowment fund —Land re Curfew |
Bell | 173 | 173 | ||||
| 101,421 | (110,649) | (9,228) | |||||
| TOTAL FUNDS | 193,711 | (216,667) | 130,365 | 107,409 |
| 14. | MOVEMENT IN FUNDS - continued |
MOVEMENT IN FUNDS - continued |
MOVEMENT IN FUNDS - continued |
||||
|---|---|---|---|---|---|---|---|
| Comparatives for movement in funds |
Net | Transfer | |||||
| At 1.1.20 | movement in funds |
between funds |
At 31.12.20 | ||||
| E | f | E | |||||
| Unrestricted funds |
|||||||
| General fund | 878,693 | 57,551 | (780,000) | 156,244 | |||
| Designated: —St Barnabas Church | (3,314) | 20,000 | 16,686 | ||||
| Designated | —All Saints Refurbishment | 630,000 | 630,000 | ||||
| Designated | —Parish Share Expenses | (15,462) | 130,000 | 114,538 | |||
| Designated | —Member Grants Fund | ||||||
| Designated | —Youth &Children's | Missionary | |||||
| Designated | —Curates Fund |
||||||
| Designated | —Children's Ministry |
Fund | |||||
| Designated | —Youth Ministry Fund |
||||||
| 878,693 | 38,775 | 917,468 | |||||
| Restricted | funds | ||||||
| Restricted: | —Community Reach Fund |
241 | 241 | ||||
| Restricted: | —Pastoral Fund |
873 | 873 | ||||
| Restricted: | - Recharge | ||||||
| Restricted: | —AV &Cafe 2535 | 1,324 | 1,324 | ||||
| Restricted: | —Thrive Project (General) | 232 | 5,872 | 6,104 | |||
| Restricted: | - Thrive (Biblical Resources) | 750 | 750 | ||||
| Restricted: | - Thrive (Salaries) | 7,499 | 2,562 | 10,061 | |||
| Restricted: | —Thrive (Crime &Covid) | 1,638 | (358) | 1,280 | |||
| Endowment | fund —Land re Curfew | Bell | 2,874 | (510) | 2,364 | ||
| 12,993 | 10,004 | 22,997 | |||||
| TOTAL FUNDS | 891,686 | 48,779 | 940,465 |
| Notes | to the Financial Statements for the year |
to the Financial Statements for the year |
ended | 31December | 2021 | ||
|---|---|---|---|---|---|---|---|
| 14. | MOVEMENT IN FUNDS - continued |
||||||
| Comparative net movement in funds, included the previous page, are as follows: |
in | Incoming resources |
Resources expended |
Gains and osses |
Movement in funds |
||
| Unrestricted funds |
|||||||
| General fund | 62,560 | (66,269) | 61,260 | 57,551 | |||
| Designated: —St Barnabas Church | (3,314) | (3,314) | |||||
| Designated: -All Saints Refurbishment | |||||||
| Designated: —Parish Share Expenses | (15,462) | (15,462) | |||||
| Designated: —Member Grants Fund | |||||||
| Designated: —Youth IL Children's |
Missionary | ||||||
| Designated: —Curates Fund |
|||||||
| Designated: —Children's Ministry |
Fund | ||||||
| Designated: —Youth Ministry Fund |
|||||||
| 62,560 | (85,045) | 61,260 | 38,775 | ||||
| Restricted funds | |||||||
| Restricted: - Community Reach Fund |
941 | (700) | 241 | ||||
| Restricted: —Pastoral Fund |
1,000 | (127) | 873 | ||||
| Restricted: - Recharge | |||||||
| Restricted: - AV5Cafe 2535 | 1,900 | (576) | 1,324 | ||||
| Restricted: - Thrive Project (general) | 7,805 | (1,933) | 5,872 | ||||
| Restricted: —Thrive (Biblical Resources) |
|||||||
| Restricted: - Thrive (Salaries) | 14,999 | (12,437) | 2,562 | ||||
| Restricted: —Thrive (Crime 8 Covid) |
500 | (858) | (358) | ||||
| Restricted: - Employees | 57,438 | (57,438) | |||||
| Endowment fund —Land re Curfew |
Bell | (510) | (510) | ||||
| 84,583 | (74,580) | 10,004 | |||||
| TOTAL FUNDS | 147,143 | (159,625) | 61,260 | 48,779 |
| 14. | MOVEMENT IN FUNDS - continued |
MOVEMENT IN FUNDS - continued |
MOVEMENT IN FUNDS - continued |
||||
|---|---|---|---|---|---|---|---|
| Current year 12months and prior year 12months combined position isas follows: |
Net movement in funds |
Transfer between funds |
At 31.12.21 | ||||
| f | f | f | |||||
| Unrestricted | funds | ||||||
| General fund | 878,693 | 317,727 | (943,000) | 253,420 | |||
| Designated: | —St Barnabas Church | (5,636) | 20,000 | 14,364 | |||
| Designated: | —All Saints Refurbishment | (85,947) | 630,000 | 630,000 | |||
| Designated: | —Parish Share Expenses | (69,338) | 130,000 | 114,538 | |||
| Designated: | —Member Grants Fund | 75,000 | 75,000 | ||||
| Designated: | —Youth &Children's | Missionary | 70,000 | 70,000 | |||
| Designated: | —Curates Fund |
(723) | 6,000 | 5,277 | |||
| Designated: | —Children's Ministry |
Fund | (671) | 6,000 | 5,329 | ||
| Designated: | —Youth Ministry Fund |
6,000 | 6,000 | ||||
| 878,693 | 155,412 | 1,034,05 | |||||
| Restricted funds | |||||||
| Restricted: - | Community Reach Fund |
214 | 214 | ||||
| Restricted: —Pastoral Fund |
873 | 873 | |||||
| Restricted: - | Recharge | 38 | 38 | ||||
| Restricted: - | AV &Cafe 2535 | ||||||
| Restricted: - | Thdve Project (General) | 232 | 9,125 | 9,357 | |||
| Restricted: - | Thrive (Biblical Resources) | 750 | 750 | ||||
| Restricted: —Thrive (Salaries) |
7,499 | (7,499) | |||||
| Restricted: —Thrive (Crime &Covid) |
1,638 | (1,638) | |||||
| Endowment | fund —Land re Curfew | Bell | 2,874 | (337) | 2,537 | ||
| 12,993 | 776 | 13,769 | |||||
| TOTAL FUNDS | 891,686 | 156,188 | 1,047,874 |
| Notes | tothe Financial Statements for the year en |
tothe Financial Statements for the year en |
ded | 31December | 2021 | ||
|---|---|---|---|---|---|---|---|
| 14. | MOVEMENT IN FUNDS - continued |
||||||
| Current and prior funds, included in |
year combined net movement in the previous page, are as follows: |
Incoming resources |
Resources expended |
Gains andI, osses |
Movement in funds |
||
| Unrestricted | funds | ||||||
| General fund | 154,850 | (28,748) | 191,625 | 317,727 | |||
| Designated: | —St Barnabas Church | (5,636) | (5,636) | ||||
| Designated: | —All Saints Refurbishment | (85,947) | (85,947) | ||||
| Designated: | —Parish Share Expenses | (69,338) | (69,338) | ||||
| Designated: | —Member Grants Fund | ||||||
| Designated: | —Youth &Children's Missionary |
||||||
| Designated: | —Curates Fund |
(723) | (723) | ||||
| Designated: | —Children's Ministry Fund |
(671) | (671) | ||||
| Designated: | —Youth Ministry Fund |
||||||
| 154,850 | (191,063) | 191,625 | 155,412 | ||||
| Restricted funds | |||||||
| Restricted: —Community Reach Fund |
941 | (727) | 241 | ||||
| Restricted: —Pastoral Fund |
1,000 | (127) | 873 | ||||
| Restricted | Recharge | 38 | |||||
| Restricted | AV &Cafe 2535 | 1,900 | (1,900) | ||||
| Restricted | Thrive Project (general) | 12,667 | (3,542) | 9,125 | |||
| Restricted | Thrive (Biblical Resources) | ||||||
| Restricted | Thrive (Salaries) | 14,999 | (22,498) | (7,499) | |||
| Restricted | Thrive (Crime 8 Covid) | 500 | (2,139) | (1,638) | |||
| Restricted | Employees | 153,786 | (153,786) | ||||
| Endowment | fund —Land re Curfew Bell | 173 | (510) | (337) | |||
| 186,004 | (185,229) | 10,004 | |||||
| TOTAL FUNDS | 340,854 | (376,292) | 191,625 | 156,188 | |||
| 15. RELATED PARTY DISCLOSURES |