## **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: - General fund – (Unrestricted) - 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 - 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. - 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. 3. Category break down: - All other giving and voluntary receipts - Cheque dona�ons, Sum up dona�ons, Goodbox dona�ons - Dona�ons, appeals etc, cheque dona�ons, old pe�y cash, Harvest, Leics Police - Recurring Grants – LCC Community services and Older persons - Other funds generated (fundraising) Sale of books - Salaries - J. Hillhouse (par�es), K. Kennell (Cook) - Running Expenses - Giving to external chari�es, One Roof - Parish training and mission, bibles, Tuesday ac�vi�es, school visit - Running costs, adver�sing, gardening, card reader, small equipment, streaming improvement, mixing desk, admin, promo�on - Maintenance, rubbish removal, electrics, old hall heaters, hardware, fire ex�nguishers, church hea�ng, leaded window (old hall), locks - Contracts and Licenses, church suite, giving plates, website, accoun�ng so�ware, streaming license, permissions, mobile phone sim - 4. Agencies - Leicester Diocese Board of Finance (1341.00) for funeral fees- paid in 2022 accounts - 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 { .-k*i c4)nnection wlth the examinati1￿ t*kHch grtr*S 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 dra*n In ord8r to enable a Sigrnd: quallflcatlon(s) or body (K any): -ts1 COEf4t Lé ( IER October 2018