#
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|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. ..||||
|Sunday Worship ..||||
|Morning
Prayer. .||||
|Life events||||
|Thrive Schools Work ........|.|||
|Thrive Community
Work ..||||
|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.||||
|FINANCIAL REVIEW.||||
|Structure,
Governance
and Management. .||||
|REFERENCE AND ADMINISTRATIVE||INFORMATION.||
|STATEMENT OF TRUSTEES' RESPONSIBILITIES.||||
|Responsibilities
and basis ofreport||||
|Independent
Examiner's
Statement||||
|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||||
|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|
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|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|
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||||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|
##
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##
|||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||||||||