2021-12-31-accounts

Treasurers Report to the AGM, 22nd May 2022

The formal accounts for our financial year 2021 are presented below along with the comparison for the preceding 12 months.

Formal notes and Interpreta�on for accounts

1. The accoun�ng period for St Peter’s Highfields is from 1[st] January 2021 to 31[st] December 2021

2. Gi�Aid claims: There were no HMRC gi�aid tax refunds during the year. Automa�c monthly HMRC gi�aid tax refunds from the Parish Giving scheme returned £312.52 for 2021

Notes to accounts

1. These accounts have been prepared on the Receipts and Payments basis in accordance with The Chari�es Act (England and Wales) 2011

2. There are currently four Account Funds:

3. General fund – (Unrestricted)

4. Grant fund (Restricted). Includes: Near Neighbours Ac�vely Welcome Grant . Ac�vi�es and associated costs started in 2020. Payment of grant of £2,922 in 2021 accounts

   • Near Neighbours Symbolism Grant. £2000 in 2021 accounts, ac�vi�es run 2021-22. Balance of grant in 2022 accounts.

   • Magic Li�le Grant - £500

   • Places called home - £4910

   • Leicester Diocese BF Seed Funding - £900

5. Project fund (Restricted). The HLF work has been undertaken under this fund heading and con�nues over more than one year of accounts. The fund shows a nega�ve balance of (£2840). Some elements of the project are not yet finalised. The P.C.C pledged to contribute towards the Project – this element will be shown in the finalised project accounts.

6. Project fund (Designated) This is money that has been allocated as part of the P.C.C contribu�on towards the project; however, as there has been no s�pula�on as to how the money is used by donors, it’s use is not restricted.

7. Category break down:

8. All other giving and voluntary receipts

   • Cheque dona�ons, Sum up dona�ons, Goodbox dona�ons

9. Dona�ons, appeals etc, cheque dona�ons, old pe�y cash, Harvest, Leics Police

10. Recurring Grants – LCC Community services and Older persons

11. Other funds generated (fundraising) Sale of books

12. Salaries

    • J. Hillhouse (par�es), K. Kennell (Cook)

13. Running Expenses

14. Giving to external chari�es, One Roof

15. Parish training and mission, bibles, Tuesday ac�vi�es, school visit

16. Running costs, adver�sing, gardening, card reader, small equipment, streaming improvement, mixing desk, admin, promo�on

17. Maintenance, rubbish removal, electrics, old hall heaters, hardware, fire ex�nguishers, church hea�ng, leaded window (old hall), locks

18. Contracts and Licenses, church suite, giving plates, website, accoun�ng so�ware, streaming license, permissions, mobile phone sim

19. 1. Agencies

20. Leicester Diocese Board of Finance (1341.00) for funeral fees- paid in 2022 accounts

21. St Philips’ £631 latest invoice for salaries

These accounts are presented as an accurate record of the financial ac�vi�es of St Peter’s Highfields, Registered Charity 1193247. They have been Independently examined, and presented to the Parochial Church Council for Scru�ny.

Rev’d Jonathan Surridge

Rector of the Benefice of St Peters Highfields and St Philips Leicester 20 May 2022

StPeter'sHighfields

BalanceSheetdetailed

Current assets

Liabilities

Reserves

			Asat 31/12/2021 Asat 31/12/2020
6501:Bankcurrentaccount 62,695.73 32,458.61 6505:Bankdeposit account - - 6590:Cashinhand 79.49 115.86 Total Current assets 62,775.22 32,574.47 6699:Agencycollections 847.00 (323.92) Total Liabilities 847.00 (323.92) Net Assetsurplus (defcit) 61,928.22 32,898.39 Excess/(deficit)todate 29,029.83 (81,739.54) Z01:Startingbalances 32,898.39 114,637.93 Total Reserves 61,928.22 32,898.39 RepresentedbyFunds General(Unrestricted) 48,986.42 42,636.40 Designated 7,106.08 7,106.08 Restricted 5,835.72 (16,844.09) Total 61,928.22 32,898.39			62,695.73 32,458.61 - - 79.49 115.86
			62,775.22 32,574.47 847.00 (323.92)
			847.00 (323.92)
			61,928.22 32,898.39
			29,029.83 (81,739.54) 32,898.39 114,637.93
			61,928.22 32,898.39
		RepresentedbyFunds General(Unrestricted) 48,986.42 42,636.40 Designated 7,106.08 7,106.08 Restricted 5,835.72 (16,844.09) Total 61,928.22 32,898.39

StPeter'sHighfields

StatementofAssetsandLiabilities (byfund) Asat: 31December2021

	Balance Previous balance
Cash At Bank And In Hand 6501: Bankcurrent account GrantFunding Restricted 8,594.60 (223.84) Project Fund Designated 6,089.87 6,089.87 Project Fund Restricted (1,615.01) (15,395.44) Generalfund Unrestricted 48,671.27 42,311.94 Agencycollection Restricted 955.00 (323.92) 62,695.73 32,458.61 6505: Bankdeposit account Project Fund Restricted (1,224.81) (1,224.81) Project Fund Designated 1,016.21 1,016.21 Generalfund Unrestricted 208.60 208.60 - - 6590: Cash in hand GrantFunding Restricted (27.06) - Generalfund Unrestricted 106.55 115.86 79.49 115.86 Cash At Bank And In Hand 62,775.22 32,574.47 AgencyAccounts 6699:Agencycollections Agencycollection Restricted 847.00 (323.92) 847.00 (323.92) AgencyAccounts 847.00 (323.92) Grand Total 61,928.22 32,898.39	8,594.60 (223.84) 6,089.87 6,089.87 (1,615.01) (15,395.44) 48,671.27 42,311.94 955.00 (323.92)
	62,695.73 32,458.61 (1,224.81) (1,224.81) 1,016.21 1,016.21 208.60 208.60
	- - (27.06) - 106.55 115.86
	79.49 115.86

St Peter's Highfields

Statement of Financial Activities

For the period from 01 January 2021 to 31 December 2021

	Unrestricted	Restricted	Endowment	Total	Prioryear
	funds	funds	funds	funds	total funds
Receipts
Plannedgiving	8,791.70	-	-	8,791.70	8,224.11
Collections andothergiving	2,349.69	-	-	2,349.69	3,007.47
Othervoluntaryreceipts	18,725.15	30,142.00	-	48,867.15	136,102.87
GiftAidrecovered	312.52	-	-	312.52	1,900.65
Otherreceipts	2,158.24	-	-	2,158.24	13,721.91
Activitiesforgeneratingfunds	6,306.52	-	-	6,306.52	2,358.99
InvestmentIncome	-	-	-	-	113.02
Receiptsfromchurchactivities	3,015.00	108.00	-	3,123.00	1,371.17
Total income	41,658.82	30,250.00	-	71,908.82	166,800.19
Payments
Costofgeneratingfunds	-	9.00	-	9.00	4.13
MissionaryandCharitable Giving	1,715.66	2,341.62	-	4,057.28	736.41
Parish Share	7,000.00	-	-	7,000.00	7,000.00
ClergyandStaffingcosts	3,497.78	-	-	3,497.78	4,484.89
ChurchRunning Expenses	13,096.06	-	-	13,096.06	10,175.85
Hall RunningCosts	-	-	-	-	-
ChurchRepairs &Maintenance	4,893.32	5,129.57	-	10,022.89	219,974.57
Hall Repairs &Maintenance	-	-	-	-	-
NewBuilding work	-	-	-	-	-
GovernanceCosts	5,195.98	-	-	5,195.98	6,163.88
Total expenditure	35,398.80	7,480.19	-	42,878.99	248,539.73
Netincome/(expenditure) resourcesbeforetransfer	6,260.02	22,769.81	-	29,029.83	(81,739.54)
Transfers:
Grosstransfersbetweenfunds-in	90.00	-	-	90.00	-
Grosstransfers betweenfunds-out	-	(90.00)	-	(90.00)	-
Otherrecognisedgains/losses
Gains/losses oninvestmentassets	-	-	-	-	-
Gainsonrevaluation,fixedassets,charity'sownuse	-	-	-	-	-
Netmovementinfunds	6,350.02	22,679.81	-	29,029.83	(81,739.54)
Reconciliationoffunds
Total fundsbroughtforward	49,742.48	(16,844.09)	-	32,898.39	114,637.93
Totalfundscarried forward	56,092.50	5,835.72	-	61,928.22	32,898.39

From 01January2021 01January2020 Note To 31December2021 31December2020

Project- ProjectFund(Designated)Fund ExcessofIncomeand endowmentsoverExpenditure - - Broughtforwardbalance 7,106.08 7,106.08 Total carried forward balance 7,106.08 7,106.08 Project-Project Fund(Restricted)Fund Receipts Other voluntary receipts Non-recurringone-offgrants 18,910.00 117,095.93 Total Othervoluntaryreceipts 18,910.00 117,095.93 Total Receipts 18,910.00 117,095.93 Payments Church Repairs & Maintenance majorrepairs 4,956.11 193,288.04 Architect 173.46 8,807.98 Total ChurchRepairs &Maintenance 5,129.57 202,096.02 Governance Costs Insurance - 508.37 Total GovernanceCosts - 508.37 Total Payments 5,129.57 202,604.39 ExcessofIncomeand endowmentsoverExpenditure 13,780.43 (85,508.46) Broughtforwardbalance (16,620.25) 68,888.21 Total carried forward balance (2,839.82) (16,620.25) Grants-GrantFunding(Restricted) Fund Receipts Other voluntary receipts Non-recurringone-offgrants 11,232.00 660.00 Total Othervoluntaryreceipts 11,232.00 660.00 Total Receipts 11,232.00 660.00 Payments Cost of generating funds Fundraisingactivities costs andpayment 9.00 - Total Costofgeneratingfunds 9.00 - Missionary and Charitable Giving GrantExpenditures 2,341.62 883.84 Total MissionaryandCharitableGiving 2,341.62 883.84 Total Payments 2,350.62 883.84 ExcessofIncomeand endowmentsoverExpenditure 8,881.38 (223.84) Broughtforwardbalance (223.84) -

From 01January2021 01January2020 Note To 31December2021 31December2020

Transfersto/(from) (90.00) - Total carried forward balance 8,567.54 (223.84) General-Generalfund(Unrestricted) Fund Receipts Planned giving GiftAid-Bank 5,845.56 5,941.70 GiftAid-Envelopes 465.10 113.60 Otherplannedgiving 2,481.04 2,168.81 Total Plannedgiving 8,791.70 8,224.11 Collections and other giving Looseplatecollections 1,933.85 1,570.94 Allothergiving andvoluntaryreceipts 302.08 1,396.53 One-offGiftAidgifts 113.76 40.00 TotalCollections andothergiving 2,349.69 3,007.47 Other voluntary receipts Donationsappealsetc 56.33 82.42 Recurringgrants 10,168.82 3,264.52 Non-recurringone-offgrants 8,500.00 15,000.00 Total Othervoluntaryreceipts 18,725.15 18,346.94 Gift Aid recovered Taxrecoverableon GiftAid 312.52 1,900.65 Total GiftAidrecovered 312.52 1,900.65 Other receipts Otherfundsgenerated(fundraising) 28.24 426.14 Insuranceclaims - 13,262.50 Anyother income 2,130.00 33.27 Total Otherreceipts 2,158.24 13,721.91 Activities for generating funds HireofHalls/Building 6,306.52 2,358.99 Total Activitiesforgeneratingfunds 6,306.52 2,358.99 Investment Income Bankandbuilding societyinterest - 113.02 Total InvestmentIncome - 113.02 Receipts from church activities Feesforweddingsandfunerals 1,569.00 270.00 Meals 1,446.00 1,101.17 Total Receiptsfromchurchactivities 3,015.00 1,371.17 Total Receipts 41,658.82 49,044.26 Payments Cost of generating funds Fundraisingactivities costs andpayment - 4.13 Total Costofgeneratingfunds - 4.13 Missionary and Charitable Giving Givingtoexternalcharities/missions 73.40 (100.00) FoodCosts- Mission 1,642.26 (47.43) Total MissionaryandCharitableGiving 1,715.66 (147.43) Parish Share

From 01January2021 01January2020 Note To 31December2021 31December2020

Ministryparish shareetc 7,000.00 7,000.00 Total ParishShare 7,000.00 7,000.00 Clergy and Stafng costs Salaries, wagesandhonaria 3,116.08 4,108.00 Clergyandstaff expenses 381.70 376.89 Total ClergyandStaffingcosts 3,497.78 4,484.89 Church Running Expenses Parishtrainingandmission costs 188.80 19.99 Runningcosts 1,320.01 (84.48) Worship/AltarSupplies 528.61 423.26 OrganTuning andMaintenance 654.00 1,380.00 Organist 870.00 1,220.00 cleaningsupplies 180.83 334.70 ContractsandLicenses 819.21 878.39 Utilities -Gas,electric,water,phone 8,534.60 6,003.99 Total ChurchRunningExpenses 13,096.06 10,175.85 Church Repairs & Maintenance Maintenance 4,893.32 1,953.82 majorrepairs - 15,924.73 Total ChurchRepairs &Maintenance 4,893.32 17,878.55 Governance Costs Governancecosts examination/audit fee 45.00 124.00 Insurance 5,150.98 5,531.51 Total GovernanceCosts 5,195.98 5,655.51 Total Payments 35,398.80 45,051.50 ExcessofIncomeand endowmentsoverExpenditure 6,260.02 3,992.76 Broughtforwardbalance 42,636.40 38,643.64 Transfersto/(from) 90.00 - Total carried forward balance 48,986.42 42,636.40

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independerit Examiner s Report 31 ? J?1 Charlty no (K any) 2011 {Ih8 Aiy). I report in respect c¢ my examinati￿ of the Trusfs ao>)unts CWTied out LwKler sectb)n 145 2011 M and in caryiThJ out my examination. I under se(AMM 145(5Xb) of the ACL Independent I have completed my examination. I ￿nfirM thal no material malters have examlnerfs Stateffl•￿ comè to my attentson { .-ki c4)nnection wlth the examinati1￿ tkHch grtrS me cause to believe that in. any material acc￿n￿r0 re(yxds were not kept In accordan￿ with sectK)n 130 of theA￿or the examinati￿ to vthich attention should be dran In ord8r to enable a Sigrnd: quallflcatlon(s) or body (K any): -ts1 COEf4t Lé ( IER October 2018