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2022-01-31-accounts

						2022	202 i
				Unrestricted	Endowment	Total	Total
				fund	fund	funds	funds
			Notes
INCOME AND ENDOWMENTS		FROM
Investment income				92,168		92,168	69,915
Other income				1,611		1,611
Total				93,779		93,779	69,915
EXPENDITURE ON
Charitable activities
Church and vicarage	costs			54,114		54,114	54,438
Other				7,890		7,890	9,090
Total				62,004		62,004
Net qainst'(losses) on investments				10,382	106,676	117,058	(17,975)
NET INCOME/(EXPENDITURE)				42,157	106,676	148,833	(11,588)
RECONCILIATION	OF FUNDS
Total funds brought	forward			131,404	1,907,633	2„039,037	2,050,625
TOTAL FUNDS CARRIED FORWARD				173,561	2,014,309	2,187,870	2,039,037

				2022	2021
		Unrestricted	Endowment	Total	Total
		fund	fund	funds	funds
	Notes	E
FIXEDASSETS
TanrJihle assets		10,877	6,211	17,088	6,322
Investments		105,846	2,005,363	2,111,209	1,991,477
		116,723	2,011,574	2,128,297	1,997,799
CURRENT ASSETS
Cash at bank		58,760	2,735	61,495	43,418
CREDITORS
Amounts falling due within one year		(1,922)		(1,922)	(2,180)
NET CURRENT ASSETS		56,838	2,735	59,573	41,238
TOTAL ASSETS LESSCURRENT
LIABILITIES		173,561	2,014,309	2,187,870	2,039,037
NET ASSETS		173,561	2,014,309	2,187,870	2,039,037
FUNDS	10
Unrestricted funds				173,561	131,404
Endowment funds				2,014,309	1,907,633
TOTAL FUNDS				2,187,870	2,039,037

					2022	2021
					F
UK listed investments		income			92,168	69,914
Interest nn Church	nf	Fnglanrl	Deposit	Fund		1
					92,168	69,915
OTHER INCOME
					2022	2021
					F
Grant from the Listed		Places	ofWorship	grant scheme	1,611

			Unrestricted	Endowment	Total
			fund	fund	funds
			E	F
INCOME AND ENDOWMENTS		FROM
Investment income			69,915		69,915
EXPENDITURE ON
Charitable activities
Church and vicarage	costs		54,438		54,438
Other			9,090		9,090
Total			63,528		63,528
Net gains/(losses) on	investments		4,011	(21,986)	(17,975)
NET INCOME/(EXPENDITURE)			10,398	(21,986)	(11,588)
RECONCILIATION OF FUNDS
Total funds brought	forward		121,006	1,929,619	2,050,625
TOTAL FUNDS CARRIED FORWARD			131,404	1,907,633	2,039,037

TANGIBLE FIXEDA	SSETS
					Improvements	Fixtures
				Freehold	to	and
				property	property	fittings	Totals
				F			F
COST
At 1 February 2021				6,211		4,473	10,684
Additions					11,244		11,244
At 31 January 2022				6,211	11,244	4,473	21,928
DEPRECIATION
At 1 February 2021						4,362	4,362
Charge for year					422	56	478
At 31 January 2022					422	4,418	4,840
NET BOOK VALUE
At 31 January 2022				6,211	10,822	55	17,088
At 31 January 2021				6,211			6,322
The cost of Freehold	Property		is made	up ofthe following:
Freehold land at Smethwick		(including		Church and Church	Hall. The Church	Hall is known
as ihe Dorothy Parkes Centre			and is let on a ground lease)				509
Freehold Vicarage							5,702
							6,211

FIXED ASSE	T INVESTMENTS
		Listed
		investments
		E
MARKET VALUE
At 1 February	2021	1,991,477
Additions		88,543
Disposals		(98,164)
Revaluations		129,353
At 31 January	2022	2,111,209
NET BOOK VALUE
At 31 January	2022	2,111,209
At 31 January	2021	1,991,477

Holding					Market Value
					31.01.22
The Central	Board of	Finance ofthe Church of
England					689,367
Investments	are allocated to the following			funds:
					31.01.22 f	31.01.21 F
Unrestricted	General	Income Fund			105,846	95,464
Permanent	Endowment		Fund		2,005,363	1,896,013
					2,111,209	1,991,477

CASH	AT BANK	AT BANK
						2022	2021
				Unrestricted	Permanent
				General	Endowment	Total	Total
				Income Fund	Fund	funds	funds
					E	F	E
Lloyds	Bank	pic		56,974	2,238	59,212	38,472
The Central		Board	of Finance of the
Church	of England		Deposit Fund	200		200	200
EFG Harris		Allday	Clients' Accounts	1,586	497	2,083	4,746
Total				58,760	2,735	61,495	43,418

9.	CREDITORS: AMOUNTS	CREDITORS: AMOUNTS	CREDITORS: AMOUNTS	CREDITORS: AMOUNTS	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
												2022	2021
													E
	Trade creditors												288
	Other creditors											1,922	1,892
												1,922	2,180
10.	MOVEMENT		IN FUNDS
												Net
												movement	At
											At 1.2.21	in funds	31.1.22
												E
	Unrestricted		funds
	Ilnrestrirtert		General	Income			Funrt				131,404	42,157	173,561
	Endowment		funds
	Permanent	Endowment			Fund					1,907„633		106,676	2,014,309
	TOTAL FUNDS									2,039„037		148,833	2„187,870
	Net movement in funds,				included			in the above are as follows:
									Incoming	Resources		Gains and	Movement
									resources	expended		losses	in funds
									E		E	E
	Unrestricted		funds
	Unrestricted		General	Income			Fund		93,779		(62,004)	10,382	42,157
	Endowment		funds
	Permanent	Endowment			Fund							106,676	106,676
	TOTAL FUNDS								93,779		(62,004)	117,058	148,833
	Comparatives for movement						in	funds
												Net
												movement	At
											At 1.2.20	in funds	31.1.21
											E		E
	Unrestricted		funds
	Unrestricted		General	Income			Fund				121,006	10,398	131,404
	Endowment		funds
	Permanent	Endowment			Fund					1,020,6'I 0		(21,086)	1,007,633
	TOTAL FUNDS									2,050,625		(11,588)	2,039,037

C:nmparative	net mnv	em	ent in funds, inr:	luded in the ahnve	are as fnllnws:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
						E	E
Unrestricted	funds
Unrestricted	General	Income Fund		69,915	(63,528)	4,011	10,398
Endowment	funds
Permanent	Endowment		Fund			(21,986)	(21,986)
TOTAL FUNDS				69,915	(63,528)	(17,975)	(11,588)

			2022	2021
INCOME AND ENDOWMENTS
Investment income
UK listed investments income			92,168	69,914
Interest on Church of England		Deposit Fund		1
			92,168	69,915
Other income
Grant from the Listed Places ofWorship
grant scheme			1,611
Total incoming resources			93,779	69,9'I 5
EXPENDITURE
Charitable activities
Vicarage expenditure			14,125	16,276
Church and Churchyard	expenditure		2,427	7,833
Insurance			5,799	5,708
Charity bread, garments	and bibles-
Smethwick Old Church	(contribution)		200	190
Charity bread, garments	and bibles-
Harborne Parish Church	(contribution)
Vicar's stipend and employers'		NIC
(contribution)			29„850	23,532
Improvements to property			422
Depreciation offixtures	and fittings		56	894
			52,884	54,438
Support costs
Other
Legal and professional	fees		7,860	7,860
Accountancy			770	738
			8,630	8,598
Governance costs
Independent examination			490	492
Total resources expended			62,004	63,528
Net income before gains and		losses	31,775	6,387
Realised recognised gains and losses
Carried forward			31,285	5,895

		2022	2021
Realised recognised	gains and losses
Brosjght forward		31,285	5,895
Gains/Losses on fixed	asset investments	117,058	(17,975)
Net income/(expenditure)		148,833	(11,588)