##
##
##
|Trustees'
and directors' report||
|---|---|
|Independent
auditor's
report||
|Statement offinancial activities||
|Income and expenditure
account|15|
|Balance sheet||
|Notes to the financial statements|12 -23|
##
##
|Council members|Council members|The Revd
N TAtkinson||
|---|---|---|---|
|||The Revd Dr M E Burkill||
|||The Revd Dr A V Cinnamond|(until 1"September 2021)|
|||The Revd PTDarlington
The Revd M E Davy (from 1"September 2021)||
|||The Revd Mr J Eggertsen
The Revd RW Parr (until 1"September 2021)
The Revd M Hayden
(from 1"September 2021)||
|||The Revd DrJ Hughes||
|||Mrs R C Hunt||
|||The Revd CR H Kilgour
Mr N Lobo (until 30e March|2021)|
|||The Revd Dr RS Munro||
|||Mrs A Robbie||
|||The Revd APJTowner (Chairman)||
|||The Revd DrJ D Ward||
|||The Revd R A RWeekes (until 30e March 2021)||
|||The Revd DrTWoolford||
|Director||The Revd Dr Lee Gatiss||
|Charity number||249574||
|Company|number|213142||
|Registered|office|Hille Business Estate||
|||132StAlbans Road||
|||Watford||
|||WD24 4AE||
|Auditors||Jacob Cavenagh
&Skeet||
|||5 Robin Hood Lane||
|||Sutton||
|||Surrey||
|||SM1 2SW||
|Principal address||Hille Business Estate||
|||132StAlbans Road||
|||Wafford||
|||WD24 4AE||
##
##
|Bankers|The Royal Bank ofScotland|pic|
|---|---|---|
||London Fleet Street Branch||
||1 Fleet Street||
||London||
||EC4Y 1BD||
||Barctays Bank pic||
||62/64 High Street||
||Watford||
||WD17 2BT||
|Solicitors|Monro Wright
&Wasbrough|LLP|
||7-8Great James Street||
||London||
||WC1N 3DF||
##
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##
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##
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##
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##
##
##
##
##
##
||||||2021|2820|
|---|---|---|---|---|---|---|
||||||f|f|
|Inoonnl|||||190,473|120,027|
|Gains/(losses)
on Investmants|||||170,380|304,167|
|Interest snd Investment
Insane|||||110,559|112,515|
|Gross lnoome In the|repolgng|period|||471,392|538,709|
|Expenditure|||||289,978|283,520|
|Deplsolagon|||||870|1,060|
|Tidal mlpolldturo
In|tho raporthlg||palled||270,648|284,580|
|Nst Inuono for the year|||||200,744|272,129|
|Statement of|Comprehensive|||income|||
|Forthe year ended||31 December 2021|||||
|Net Inuonvr for the year|||||200,744|272,129|
|Olhor oonlprahsnalvo|Irmmns||||||
|Revaluation
of tsnglhle|fixed assets||||43,462|85,193|
|Total comprehensive|Insonm for gm year||||244,208|337,322|
##
||||||202f||||
|---|---|---|---|---|---|---|---|---|
||||||2|5|||
|Fined assets|||||||||
|Tangible assets||||||748,102||703,889|
|Investmenls||||||2,855,673||2,685,315|
|||||||3,603,775||3,369,004|
|Cistern assam|||||||||
|Stocks||||10|10,418||9,132||
|Debtors||||11|22,493||13,381||
|Cash st bank snd in|||hand||358,311||352,749||
||||||391,222||375,262||
|Cret6turs:||ammuas|faglng dtm wlddn||||||
|tum yem|||||||||
|Net current||assets||||355,984||337,458|
|Total assets lees cmrent llablllges||||||3,959,739||3,728,482|
|Crsr9tarst||smmnds|falling due SRer||||||
|more gmn||mm year||13||(412,841)||(421,570)|
|Provlslan|far gablgtles|||18||{2,000)||(4,000)|
|Fends|||||||||
|Erdcwmsm||funds||14||1,949,702||1,627,394|
|Restdctad|funds|||'15||1,181,935||1,135,307|
|Ulusslrlcted||funds||||433,481||338,191|
##
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##
##
##
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##
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##
##
##
##
##
|Irwesbnsnt
In|come||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|Invesbnent
pmpsrgss|||||78,448|81,180|
|Common
investment
Cash deposits||funds|||32,095
~1|31415
12Q|
|||||||112
1|
|Grants Paid|||||||
|Amalgamated|Ordlnagon||and Training|Fund|||
|Scholarships|||||1,500|5.000|
|Book grants|||||4fl7||
||||||1,997|5,500|
|NNaldstons
St|Faith|Parish|Room||||
|Contrfbugon
to|StFahh's, Maldstone||||||
|Paddock Wood Parochial|||Hall Trust||||
|Contrlbugon
to|Paddock Wood Church|||||~24|
##
|Opefstlllg leases||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
||||||||||5|
|The charity ls committed
to|Ihe|following||payments|under operaBng leases:|||||
|Not later than one year||||||||14,170|14,170|
|Later than one year and not later than|||Bve yearn|||||4991|18791|
|||||||||19161|32961|
|Lease payments
charged to expenditure||||in the year||||16020|14897|
|Charaable
acthrlaes|||||Staffcosts Deprecfsgon||Other costs|Total|Tofaf|
|||||||||2021|2020|
|||||||||5|5|
|Grant funding ofadlvlges|||||||27,826|27,826|30,086|
|AdlvlBes undertaken
directly
Support costs|||||71,374
32718|670|104,958|177,002
32718|171N390
42302|
||||||104092|670|132784|237
6|243778|
|Other costs -Activities undertaken|||directly|||||2021|2020|
|Establishment
end pmperty
Publlcalons||||||||30268
20,939|31,368
24,371|
|Meetings and conferences
Other stafFcosts||||||||9,707
38~57|3,750
37,408|
|Miscsganeous||||||||5
7|4 79|
|||||||||104958|101176|
|Other costs -Support costs||||||||2021
5|2020
5|
|Pmfesslonal
and management
Mee5ngs end conferences||fees||||||5,422
426|3,884
2,188|
|Governance
Costs||||||||||
|Auditors'
rsmunemBon|-audit services|||||||4,770|4,792|
|Trustee Travel Expenses||||||||947||
|||||||||11 55|10|
|||||||||2021|2020|
||||||||||6|
|Wages and salaries
Sode Isecurity
costs
Pension costs (see note 18)||||||||89,484
3,149
9|86,566
3,094
10'952|
|||||||||104092|100812|
##
##
##
##
##
##
##
||Listed investments
am Inveslmsnts
placed wNh RuN'er LLPsnd COLA Investmen
|t
Management
UmNsd.||
|---|---|---|---|
|10|Btocke|2021
f|2020
f|
||Pubgcatlons
for resale|10 18|9132|
|11|Debtors|2021
f|2020
f|
||Prepaymenls|B,SSS|6281|
||Other debtom|13 25|5100|
|||22493|13381|
|12|Credkors: amounts faing due wlNn one year|2021
f|2020
f|
||Tmde cmdNors|9,582|4885|
||Defensd Income|4,076|5,043|
||Accruals|12,033|20,024|
||Morlgage
NabNlty|9567|8
72|
|||35 58|37804|
|13|CredNorst amounts faSng drm after mors than one year
Morlgege
NsbNlty
Due within
1-2 years
Due wisdn 2-5years|2021
f
9,877
31,763|2020
f
8,839
28,831|
||Due In more than 5years|371001|383900|
|||412641|421 570|
##
|14|Wwmnold|on
ndawnlont|on
ndawnlont|on
ndawnlont||hwde|||Mrwnmd|In hw&|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Sslwwe 1
January 202f|0||an mvsluedlw||Balance 31
Dsmmlber 2921||
|||||||||2|2|2|2||6||
||Pwnlonmd|ondamnwd||fulnh|||||||||||
||EA Beynon Fund|||||||175,138||||2,7IO||177,908|
||Stmhlnpton|Convalescent|||Benehl||Fund|70.812||||9,835||N,247|
||Sdghton
Emrwnuel|||||||312,772||||5,310|318,082||
||Dean Wacs Memorial|||||||933,816|||||1.027,370||
||Gkwcasler|Msrlnws
Church||||||1,000||||||1,000|
||tmwentdo|Spa, Chdslchumh||||||||||7,427||75.483|
||Msldstans,|St Fskh Parish||||Room||208,891||||3397|212,2N||
||Old HB Hag|||||||1,000||||||1,000|
||Whkhelnatow.
Penrhyn|||Hsg||Trust||1,000||||||1.000|
||||||||||||||1.894,378||
||Estwndabl|~ andawmem||hmds|||||||||||
||ghtbowna|Evengagcal||Chumh.|||||||||||
||Manchester|||||||1.000||||||1,000|
||aoueestsr|M deem thh||||||1,000||||||1,000|
||BtAndnwa,|Montsanat||||||1,000||||||1,000|
||Dgssst&d|Chephdncy||||||2,643||||215||2,758|
||Gloucester|Marlnms
Residence|||||||||||||
||Pwklock Wood Pmochlal||||Chumh||Hep||||||||
||lhwt||||||||||||||
||Vdpan Rscnmtlan
Gmund|||||||1.000|||||||
|||||||||||||215|||
|||||||||1.827.394|||122.308||1,949,702||
|||||||||Sslmme 1|||||Balance 31||
|||||||||January Ngg|apwmgtwe||an mvshw|dan|~ssnlber|2P29|
|||||||||2|8|2|2||6||
||Permmwld|endawmmd||funds|||||||||||
||EA Bsynon Fund|||||||148,204|||28,934||176,138||
||Nchlnglan|Oonvalmcant|||Bsnefk||Fund|85,862||||4.980||70,812|
||Bdphlon Emnsnual|||||||258,581|||54,191||312,772||
||Dean Wacs|Msnwrlal||||||847,798|||||933.818||
||Gtoucastar|Mariners
Church||||||1,000||||||1,000|
||eamkrptan|SPO, Chrlslahurah||||||||||7,324|||
||Maids lone,|th Febh Pmlsh|||Ream|||176,308|||33,585||208.N1||
||OM ISIHeg|||||||1,000||||||1.000|
||Wakhwmtow.
Pmrhyn||Hag|||Trust||1,000||||||1,000|
|||||||||1,5N,271|||213,014||1,772,286||
||Entwndsble|sndawmem||hmds|||||||||||
||ghtbawne|Evangattcat||Chwah.|||||||||||
||Msrmhester|||||||1,000||||||1,000|
||Glouaester|Msrlnem
Hsg||||||1,000||||||1,000|
||Sl Andrews,|hkwtslmat||||||1,000||||||1,000|
||Dgsseldmf|Chaplaincy||||||2,251||||||2,543|
||Gloucester|hknlners
Rmldarma|||||||||||||
||Paddock Wood Panwhlal|||Church|||Hell||||||||
||Trust||||||||||||||
||Wigan Racmaldn
Gmund|||||||1.000|||||||
|||||||||54,817|||||||
|||||||||1,814,088|||213,308||1,827.394||
|15|Movement
on Restricted|funds|funds|funds||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Movement||In functs||||
|||||||Balance I
Jancwry 2021
f||||||TrsfmAlra|Galas/Ecusss)
cm revefusgan
E||Balance sf
December 2021
E|
||Amslg. Ord. Snd Training|Fund||||BBT,918||47,743||(12,462)||(35,280)||32,486|920,405|
||Blrchinglan
Convalescent||Fund|||1,638||1,952||||(1,D31)|||2,559|
||Brighton Emnsnuel
Trust|||||17,111||12,651|||(3,978)|(8,588)|||17,196|
||Dgsseldorf|||||515||66||||(35)|||546|
||Gloucesler,
Mariners
Hall|||||228|||||||||228|
||Gtafmester
Mariners
Residence|||Fund||(130)|||||||||(130)|
||Lesnsngtan
Spe, Christchurch|||Fund||2,813||1,901||||(1,049)|||3,665|
||Maldslone,
Sl Faith Perish||Room||Fund|8,167||8,663|||(2,538)|(6,522)|||7,490|
||Paddock Wood Pmochlal|Church|||Hall Trust|||||||||||
||Alfld|||||176,898||2,509||(25,639)||(1,610)||14,680|16S,838|
||Ryde Ecclesiastical
Charity|||||26,739||183||||(106)||1,170|27,986|
||Waghmnstaw,
Penrhyn
Hell Trust||||fund|7,916||196||||(114)||982|B,M2|
||Washamslow,
Sl John Fund|||||5,472||135||||78)||661|6.190|
|||||||1,135,307|||||~4,817|54,713||~9.959|1,181,935|
|||||||||||Movement||In Iuncb||||
|||||||Science I
January 2020|Imnvne||Enpensf|reve||TrecuAlrs|Gfdnsfflcsses)
on revsfuetlan||Balance 31
December 2020|
|||||||E|||||||E||E|
||Amslg.
Ord, end Training|Fund||||791,558|51,051|||(1S,TSS)||(2T,159)|||687,918|
||Blrchlnglan
Convalescent||Fund|||194||1,885||||(441)|||1,638|
||Bdghton
Emmanuel
Trust|||||13,728|13,786||||(4,171)|(6,232)|||17,111|
||00sseldorf|||||446||69|||||||515|
||Gtoucester,
Mariners
Hsg|||||228|||||||||228|
||Glouaester
Mariners
Residence|||Fund||(130)||21|||(21)||||(130)|
||Leemlngton
Spa, Christchurch|||Furd||1,270||1,939||||(396)|||2,813|
||Msldstone, Sl Faith Perish||Room||Fund|6,908||9,107|||(2,637)|(5,191)|||8, 187|
||Paddack Waad Pamchlal|Chumh|||Hall Tmst|||||||||||
||Fund|||||187,048||2,285||(24,383)||(2,338)||14,288|176,898|
||Ryde Eccteslastbst
Charity|||||25,531||175|||(13)|(93)||1,139|26,739|
||Ntsshamsiow,
Penrhyn
Hall Trust||||fund|7,380||196||||(Tg)||421|7,918|
||Walthamstow,
St John Fund|||||5,D64||134||||||308|5.472|
|||||||1.039,243||||46.981||41,963|104,380||1,135,307|
|16|Netmmmhddby~|||||||||||||||
||Balance 31December 2021|||||Unrese Ichnf
Ibnclsf|Restricled
funds
E||EmAavm ant
funds
E|||Total fends||||
||Tangible fhed assets|||||408,317||||339,785||748,102||||
||Axed asset Invsstfnslds|||||I50,748|1,083,587||1,582,338|||2,855,673||||
||Net currant assets|||||250,037|78,348|||27,579||355,964||||
||Long Term Llebgltles|||||(412,641)||||||(412,641)||||
||Pmvlslon
for gebgAles|||||(2.000||||||2 000||||
|||||||433,481|\,181,935||I,IM9,702|||3,545,098||||
|||||||Unrssbfcted|Restrlated||Endowment|||||||
||Defence 31December 2020|||||Amds|Amcb||fimds|||||||
||||||||E||f|||E||||
||Tangible
fixed assets|||||383,480||||320,209||703,689||||
||Axed asset lflveslfmflts|||||172,080|1,033,828||1,479,60T|||2,685,315||||
||Nat cunanl assets|||||208,201|101,679|||27,578||33T,458||||
||Long Term Lbbgitles|||||(421,570)||||||(421,570)||||
||Provision
for gabgSles|||||4,000)||||||4,000||||
|||||||338,191|1,135,307||1,827,394|||3.300,892||||
##
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##
|%ofpensionable|stlpends|January 2018to|January 2021to|
|---|---|---|---|
|||December 2020|December 2022|
|Defictt repair contributions||11.9'Yo|7.1'Yo|
|||||2021|2020|
|---|---|---|---|---|---|
|Balance sheet fiabwty at|1 January|||4,000||
|Defictt contribution
paid||||(2,000)|(3,000)|
|Interest cost (recognised|in SoFA)|||0|0|
|Remaining
change to the|balance sheet liabfiity|(recognised|in SoFA)|0|1,000|
|Balance sheet liability at|31 December|||2,000|4,000|
##
|||December 2021|December 2020|December 2019|
|---|---|---|---|---|
|Discount rate
Price Infiatlon
Increase to total pensionable|paymfi|0.0%
n/a|0.2'yo
3.1%
1.6%|1.1%pe
2.8%pa
1.3%pa|
##
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