## ## ||||Page| |---|---|---|---| |Report ofthe Trustees|||1 —12| |Statement ofTrustees'|Responsibilities||13| |Report ofthe Independent||Auditor|14 —16| |Statement of Financial|Activities||17| |Comparison
Statement|of|Financial Activities|18| |Balance Sheet|||19| |Statement ofCashflows|||20| |Notes to the Financial Statements|||21 —37| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Restricted|Endowment|2021 Total|2020 Total| |---|---|---|---|---|---|---|---|---|---| ||||||Funds|Funds|Funds|Funds|Funds| |||||Nots||6|6|5|5| |Income|||||||||| |Income fram donations|&|legacies|||483,178|34,048||517,226|295,941| |Income from lettings|||||148,077|24,660||172,737|161,957| |Inwstment
income|||||177,339|113,817||291,156|297,563| |Income from charitable|activities||||144,016|20,366||164,382|164,360| |Other income|||||60,639|||60,639|| |Total|||||1,013,249|192,891||1,206,140|919,821| |~Edil|||||||||| |Expenditure
on lettings|||||167,871|||167,871|139,794| |Expendable
on charitable||activities|||664,233|303,477||967,710|913,211| |Total|||||832,104|303,477||1,135,581|1,053,005| |Net Income/(Expenditure)
transfers||before|||181,145|(110,586)||70,559|(133,184)| |Gross transfers
between||Funds|||||||| |Net incomel(expenditure)||before|||181,145|(110,586)||70,559|(133,184)| |other recognised
gains||and|losses||||||| |Other recognised
gains/(losses)|||||||||| |Gains/(losses)
on investment|||assets||951,125|245,785|77,220|1,274,130|(500,346)| |Net movement
in Funds|||||1,132,270|135,199|77,220|1,344,689|(633,530)| |Tots I Funds brought|forward||||10,031,364|3,435,635|1,132,730|14,599,729|15,233,259| |Total Funds carried|forward||||11)163)634|3570 834|1 209950|15944418|14599729| ## |||||Unrestricted|Restricted|Endowment|2020 Total| |---|---|---|---|---|---|---|---| |||||Funds|Funds|Funds|Funds| |Income|||||||| |Income from donations|&|legacies||217,621|78,320||295,941| |Income from lettings||||138,617|23,340||161,957| |Investment
income||||180,188|117,375||297,563| |Income from charitable|activities|||148,474|15,886||164,360| |Other income|||||||| |Total||||684,900|234,921||919,821| |~Edii|||||||| |Expenditure
on lettings||||139,794|||139,794| |Expendable
on charitable||activities||649,006|264,205||913,211| |Tots I||||788,800|264,205||1,053,005| |Net income/(Expenditure)||before||(103,900)|(29,284)||(133,184)| |transfers|||||||| |Gross transfers
between||Funds|||||| |Net income/(expenditure)||before||(103,900)|(28,284)||(133,184)| |other recognised
gains||and|losses||||| |Other recognised
gains/(losses)|||||||| |Gains/(losses)
on investment|||assets|(330,320)|(122,985)|(47,041)|(500,346)| |Net movement
in Funds||||(434,220)|(152,269)|(47,041)|(633,530)| |Total Funds brought|forward|||10,465,584|3,587,904|1,179,771|15,233,259| |Total Funds carried|forward|||10,031,364|3,435,635|1,132,730|14,599,729| ## ||||Unrestricted|Restricted|Endowment|2021 Total|2020 Total| |---|---|---|---|---|---|---|---| ||||Funds|Funds|Funds|Funds|Funds| |||Note|6|6|6|6|5| |Tangible Assets||12|1,066,350|456,652|265,105|1,788,107|1,966,264| |Invsstmsnt
Properly||13|3,361,062|229,500||3,590,562|3,322,146| |Inuestmsnts||14|7339854|2485660|944,845|10770359|9758,229| ||||11,767,266|3,171,812|1,209,950|16,149,028|15,046,639| |tdttrggfBaattttt|||||||| |Debtors||15|42,813|187||43,000|78,255| |Cash at bank|8 on deposit||712,738|401,989||1,114,727|877,975| ||||755,551|402,176||1,157,727|956,230| |~Cr
it|||||||| |Amounts
falling due|||||||| |within one year||16|88841|3 154||91995|113548| |Net Current|Assets||666,710|399,022||1,065,732|842,682| |Amounts
falling due after|||||||| |more than one year||17|(1,270,342)|||(1,270,342)|(1,289,592)| |Net Assets|||11,163,634|3,570,834|1,209,950|15,944,418|14,599,729| |~Fun|||||||| |Unrestricted|Funds||11,163,634|||11,163,634|10,031,364| |Reslricted Funds||||3,570,834||3,570,834|3,435,635| |Endowment|Funds||||1,209,950|1,209,950|1,132,730| |Total Funds||19|11,163,634|3,570,834|1,209,950|15,944,418|14,599,729| ## |||2021|20| |---|---|---|---| |||8|F| |Cash flow from operating
activities|Note 23|85,116|(125,000)| |Cash flow from investing
activities|||| |Payments
to acquire tangible assets||(7,290)|(4,277)| |Payments
to acquire investment
properties||(6,416)|| |Proceeds from sales oftangible assets||165,342|| |Proceeds from sales of investment
properties|||| |Payments
to acquire investments|||| |Net cash flow from investing
activities||151,636|(4,277)| |Net increase I(decrease)
in cash and cash equivalents||236,752|(129,277)| |Cash and cash equivalents
at 1January||877,975|1,007,252| |Cash and cash equivalents
at31December||1,114,727|877,975| |Cash and cash equivalents
consist of:|||| |Cash at bank and in hand||1,114,727|877,975| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |2|INCOME FROM DONAT|IO|NS,|LEGACIES AND GRAN|TS|| |---|---|---|---|---|---|---| ||||||2021|2020| ||Unrestricted||||8|| ||Closed Church Receipts||||372,737|133,200| ||Government
Furlough
Grants||||2,424|11,005| ||Covid Business Grant - Pilton|||Grant|7,000|17,000| ||City of Nottm
Covid Business|||Grant|12,500|7,729| ||Memorial
Hall Trust Grants||||29,400|29,400| ||Church
Support - Closed|Church Receipts|||41,415|14,800| ||Church
Support
Donations||||15,076|3,044| ||General
Purposes
Donations||||2,626|1,443| ||||||483,178|217,621| ||Restricted|||||| ||Syria Appeal - Christian|Aid||||| ||Kenya Appeal - Christian||Aid||3,530|| ||Vaccine Appeal - Christian||Aid||857|| ||CIPT- Fees||||750|830| ||CIPT - Donations|||||1,975| ||Library
Donations||||1,128|472| ||CWM MSP4|||||26,334| ||CWM Covid Gift ofGrace||||26,643|14,000| ||CF Churches
Gift ofGrace||||1,070|250| ||CIPT - Course Materials||||70|83| ||CWM Codd 19Mission|Initiative||||14,000| ||CWM - Ifonly...Mission|Initiative||||16,382| ||||||34,048|78,320| ||Total||||517,226|295,941| |3|INVESTMENT
INCOME|||||| ||||||2021|2020| ||||||8|| ||Unrestricted||||177,339|180,188| ||Restricted||||113,817|117,375| ||Total||||291,156|297,563| ## ## ||2021|2020| |---|---|---| |Unrestricted|6|6| |Church
Affiliation
Fees|76,293|79,718| |Ministers'
Pension|55,462|59,684| |CF 50th Anniversary|188|| |CFL —Admin
Charges|3,962|4,268| |Congregationalist||247| |Refresh|1,050|| |Pilton Green Lettings|3,925|987| |Yearbook||875| |ACAT Membership|910|950| |Associate Membership|861|280| |Personal
Membership|41|325| |Other Income|1,324|1,140| ||144,016|148,474| |Restricted||| |Congregational
Institute ofPractical Theology|20,366|15,886| ||20,366|15,886| |Total|164,382|164,360| ## ## ## |Staffcosts and overheads|Staffcosts and overheads| |---|---| |Accommodation|costs| |Other expenditure|| |Tots I|| |2021|2020| |---|---| |6|6| |61,518|60,462| |100,951|73,362| |5,402|5,970| |167,871|139,794| ## |||||CO
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O O|| ## ## ## |CHARIT|ABLE|A|CTIV|ITIES|- G|RANTS PAYABLE|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||2021||||2020||| ||||||||Grants to|Grants to||Grants to|Grants|to|| ||||||||Institutions|Individuals||Institutions|Individuals||| ||||||||6|6||6|||| |Payable|From:||||||||||||| |Sydney|Berry Trust|||||||24,|805|||5,065|| |Pastors|and Widows|||Fund||||||||20,893|| |Other|||||||||415||||| |Home/Sotwright|||||||||700||||600| |Church|Support||Grants||||33,000|||28,236|||| |Special|Appeals||- Christian||Aid||4, 171|||12,000|||| |Gift ofGrace -||Church||Grants|||17,280||||||| |IfOnly. ..Action|||Grants||||14,000||||||| |Mission|Initiatite||Grants||||14,000||||||| |Grants|payable||from|Area Funds|||66,143|||55,956|||| |Total|||||||148,694|26,920||96,192||26,668|| |NET INCOMING/(OUTGOING)||||||RESOURCES|||||||| |Net resources||are stated after crediting/(Charging:|||||||||||| ||||||||2021|2020|||||| ||||||||6|8|||||| |Depreciation -||owned||assets|||(80,744)|(81,661)|||||| |Auditors|remuneration||||||(17,200)|(12,182)|||||| |Total|||||||(97,944)|(93,843)|||||| ## ## ## |STAFF COSTS||| |---|---|---| ||2021|2020| |||8| |Wages and salaries|379,926|374,736| |Social security costs|29,020|28,366| |Pension costs|37,643|37,090| ||446,589|440,194| |||||2021|||2020|| |---|---|---|---|---|---|---|---|---| ||||Total|Direct|Support|Total|Direct|Support| |General|Purposes||98,299||98,299|98,158||98,158| |CIPT|||74,093|51,357|22,736|73,224|50,845|22,379| |Trading|||56,348|56,348||55,371|55,371|| |Homes|for Retired Ministers||13,032|13,032||12,827|12,827|| |Church|Support|Workers|29,980|29,980||28,083|28,083|| |Church|Support|Dept|38,484||38,484|37,882||37,882| |Church|Financial|Sentces|55,591|55,591||54,704|54,704|| |Website/Social||Media|11,294|11,294||11,166|11,166|| |CFArea Schemes|||4,031||4,031|3,958||3,958| |Ministem'
Pension|||4,031||4,031|3,957||3,957| |Safeguarding|||23,012|23,012||22,556|22,556|| |CIPT -|Tutor Fee's||751|751||1,218|1,218|| |Total|||408,946|241,385|167,581|403,104|238,770|166,334| ## ## ## |||Freehold|Leasehold|Plant &|Fixtures &|Motor|| |---|---|---|---|---|---|---|---| |||properly|property|machinery|fittings|Vehicles|Total| |||8|8|8|8|8|8| |Cost|||||||| |Balance|b/f|1,634,507|100,000|53,048|678,341|12,526|2,478,422| |Additions|||||7,290||7,290| |Dispossls|||(100,000)||(28,347)||(128,347)| |Revaluations|||||||| |Balance|c/f|1,634,507||53,048|657,284|12,526|2,357,365| |Depreciation|||||||| |Balance|b/f|||20,549|484,041|7,568|512,158| |Charge for the year||||10,646|66,966|3,132|80,744| |Disposals|||||(23,644)||(23,644)| |Balance|c/f|||31,195|527,363|10,700|569,258| |Net Book Value|||||||| |Brought|forward|1,634,507|100,000|32,499|194,300|4,958|1,966,264| |Carried|forward|1,634,607||21,853|129,921|1,826|1,788,107| ## ## ||2021|2020| |---|---|---| |MARKET VALUE|8|8| |At 1 January|3,322,146|3,322,146| |Additions|6,416|| |Re-Valuation|262,000|| |At 31 December|3,590,562|3,322,146| ## |NON CURRENT ASSET INVESTMENTS|2021 Listed|2020 Listed| |---|---|---| ||Invesbnents|Inve sane nts| |||5| |Market Value||| |At 1 January|9,758,229|10,258,575| |Net Additions/(Disposals)||| |Unrealised
gain/(loss)
on investments|1,012,130|(500,346)| |At 31December 2021|10,770,359|9,758,229| ## ||||||2021|2020| |---|---|---|---|---|---|---| ||||||6|5| |Amount|falling due within||one year:|||| |Trade Debtors|||||4,109|11,791| |Prepayments||and accrued income|||38,111|35,693| |Other Debtors|||||780|30,771| |Tots I|||||43,000|78,255| |CREDITORS||||||| ||||||2021|2020| ||||||5|5| |Amount|falling due within||one year:|||| |Trade Creditors|||||10,742|10,086| |Taxation|&Social Security||||8,346|8,073| |Other Creditors|||||8,824|13,797| |Accruals|||||64,083|81,592| |Total|||||91,995|113,548| |CREDITORS||||||| ||||||2021|2020| ||||||5|5| |Amount|falling due after||more than|one year:||| |Accruals|||||15,000|34,250| |Due to The Congregational|||Federation|Ltd|1,255,342|1,255,342| |Total|||||1,270,342|1,289,592| ## ## |||||At 01.01.21|Income|Expenditure|Investment|Revaluation|Transfers|At 31.12.21| |---|---|---|---|---|---|---|---|---|---|---| ||||||||Gains|Surplus||| |Unrestricted
Funds||||6|8|8|8|8|8|8| |General Purposes||||1,396,421|307,940|(288,586)|94,274|262,000|(329,056)|1,442,993| |dd
d||||||||||| |Property||||1,615,978|||||168,417|1,784,395| |Trading||||1,051,544|92,863|(183,440)||||960,967| |Ministers'
Pension||||287,593|84,959|(88,042)|30,356|||314,866| |Church Support Grants||||88,596|56,735|(34,333)|878|||111,876| |Church Support - Dept|||||21,345|(121,468)|||102,000|1,877| |Church Support - Safeguarding|||||21,300|(36,856)|||15,556|| |Church
Financial Senices||||868,334|53,512|(74,986)|90,192|||937,052| |Protected
Programme||||4,722,799|372,789||473,425||40,595|5,609,608| |CFArea Funds||||gg|1,806|(4,393)|||2,488|| |||||10,031,364|1,013,249|(832,104)|689,125|262,000||11,163,534| |Restricted
Funds||||||||||| |Homes
for Retired|Ministers|||767,584|17,381|(23,493)|8,174|||769,646| |Education||||37,140|1,050||3,888|||42,078| |Sidney Berry||||155,518|4,448|(24,805)|16,473|||151,634| |Church Support - CIPT||||1,283,964|83,320|(138,293)|111,927|||1,340,918| |Special Appeals||||795|4,387|(4,171)||||1,011| |CWM MSP3||||24,789|4||||(24,793)|| |CWM MSP4||||26,260||(610)|||24,793|50,443| |CSC - ifonly...Mission||Initiatine||16,382||(14,682)||||1,700| |CSC - CWM Gift ofGrace||||9,810|27,713|(17,280)||||20,243| |CSC - CWM Covid|Mission||Initiatine|14,000||(14,000)||||| |CFArea Funds||||1,099,393|54,588|(66,143)|105,323|||1,193,161| |||||3,435,635|192,891|(303,477)|245,785|||3,570,834| |Permanent
Endowments||||||||||| |General Purposes|Property|||91,654||||||91,654| |Homes
for Retired|Ministem|||173,451||||||173,451| |CFArea Funds||||867,625|||77,220|||944,845| |||||1,132,730|||77,220|||1,209,950| |Total Funds||||14,599,729|1,206,140|(1,135,581)|1,012,130|262,000||15,944,418| ## ## ## ||Permanent|||| |---|---|---|---|---| ||Endowments
f|Expendable
E|Accum Income
f|Total ie 31.12.21
8| |CF in Wales|25,480|39,213|3,146|67,839| |East Midlands|40,634|19,458|3,158|63,250| |Eastern|41,020||3,371|44,391| |- Church Ext|66,321||4,746|71,067| |North East|109,271|16,742|12,718|138,731| |North West|80,121|681,165|16,831|778,117| |-Church Ext|12,340|90,576|1,961|104,877| |North West Midlands|47,027|6,745|15,255|69,027| |South East|260,605|110,183|21,411|392,199| |- Church Ext|31,912||9,550|41,462| |South West|230,114|63,784|350|294,248| |South West Midlands||72,212|586|72,798| |Total|944,845|1,100,078|93,083|2,138,006| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |GP||||160,639| |---|---|---|---|---| |CF Area||||(2,488)| |Safeguarding|/Accreditation||Group|(15,556)| |Church Support||Dept||(102,000)| |||||40,595| |General|General|Purpose Property
Fund|| |---|---|---|---| |To|GP|—Sale of Heaton Park, Manchester|(100,000)| |From|GP|—Property
Re-valuation|262,000| |From|GP|—Llanharan —costs from Leasehold to freehold|6,417| ||||168,417| ## ## |||||At 01.01.20|Income|Expenditure|Invesbnent|Revaluation|Transfers|At 31.12.20| |---|---|---|---|---|---|---|---|---|---|---| ||||||||Losses|Surplus||| |Unrestricted
Funds||||8|8|8|5|8|8|8| |General Purposes||||1,455,182|265,600|(278,090)|(46,273)||2|1,396,421| |~DS
d|d|||||||||| |Property||||1,615,978||||||1,615,978| |Tmding||||1,121,739|78,557|(148,752)||||1,051,544| |Ministers'
Pension||||302,291|89,229|(97,220)|(14,698)||7,991|287,593| |Church Support|Grants|||100,921|18,150|(30,054)|(421)|||88,596| |Church Support|- Dept||||21,333|(121,583)|||100,250|| |Church Support|- Safeguarding||||21,233|(33,806)|||12,573|| |Church
Financial Sentces||||912,003|54,869|(74,977)|(43,669)||20,108|868,334| |Closed Church|Fund|||0|2||||(2)|| |Protected
Programme||||4,955,358|133,622||(225,259)||(140,922)|4,722,799| |CFArea Funds||||2,112|2,305|(4,318)||||99| |||||10,465,584|684,900|(788,800)|(330,320)|||10,031,364| |Restricted Funds||||||||||| |Homes for Retired Ministers||||778,718|16,295|(23,114)|(4,315)|||767,584| |Education||||37,825|892||(1,577)|||37,140| |Sidney Beny||||185,384|5,089|(25,958)|(8,997)|||155,518| |Church Support|- CIPT|||1,401,425|82,204|(142,663)|(57,002)|||1,283,964| |Special Appeals||||8,801|3,994|(12,000)||||795| |CWM MSP3||||24,735||||||24,789| |CWM MSP4|||||26,334|(74)||||26,260| |CSC - ifonly ...Mission||Initiatire|||16,382|||||16,382| |CSC - CWM Gilt ofGrace|||||14,250|(4,440)||||9,810| |CSC - CWM Covid Mission|||Initiati||14,000|||||14,000| |CFArea Funds||||1,151,016|55,427|(55,956)|(51,094)|||1,099,393| |||||3,587,904|234,921|(264,205)|(122,985)|||3,435,635| ## |General Purposes|Property|91,654||||91,654| |---|---|---|---|---|---|---| |Homes for Retired|Ministers|173,451||||173,451| |CFArea Funds||914,666|||(47,041)|867,625| |||1,179,771|||(47,041)|1,132,730| |Total Funds||15,233,259|919,821|(1,053,005)|(500,346)|14,599,729| ## |||Permanent
Endowments|Expendable|Accum Income|TotalI31.12.20| |---|---|---|---|---|---| |||||6|| |CF in Wales||23,397|35,473|6,471|65,341| |East Midlands||37,313|17,602|1,597|56,512| |Eastern||37,667||2,301|39,968| |- Church|Ext|60,901||3,016|63,917| |North East||100,340|15,145|10,545|126,030| |North West||73,573|616,192|26,118|715,883| |- Church|Ext|11,332|81,937|6,307|99,576| |North West Midlands||43,183|6,102|16,350|65,635| |South East||239,307|99,673|11,777|350,757| |-Church|Ext|29,304||8,717|38,021| |South West||211,308|57,700|12,932|281,940| |South West Midlands|||70,931|(7,394)|63,537| |Total||867,625|1,000,755|98,737|1,967,117| ## ## |||Unrestricted|Restricted|Permanent|| |---|---|---|---|---|---| |||Funds|Funds|Endowments|Total| |||6|5||| |Fund balances at 31stDecember 2021 are|||||| |represented|by:||||| |Fixed Assets||1,066,350|456,652|265,105|1,788,107| |Inmstment|Property|3,361,062|229,500||3,590,562| |Inumtments||7,339,854|2,485,660|944,845|10,770,359| |Net Current|Assets|666,710|399,022||1,065,732| |Creditom
more than one year||(1,270,342)|||(1,270,342)| |Total||11,163,634|3,570,834|1,209,950|15,944,418| |||Unrestricted|Restricted|Permanent|| |||Funds|Funds|Endowments|Total| |||f|f|f|5| |Fund balances at 31stDecember 2020are|||||| |represented|by:||||| |Fixed Assets||1,243,624|457,535|265,105|1,966,264| |Inurstment|Property|3,092,646|229,500||3,322,146| |Inmstrnents||6,557,730|2,332,874|867,625|9,758,229| |Net Current|Assets|426,956|415,726||842,682| |Creditors
mom than one year||(1,289,592)|||(1,289,592)| |Total||10,031,364|3,435,635|1,132,730|14,599,729| ## |||||2021|2020| |---|---|---|---|---|---| |||||6|6| |Funds to Congregational
Federation||Limited|||| |Payment
ofAudit I Independent|Examination||Fee|7,500|2,400| |Funds from
Congregational|Federation||Limited||| |Costs relating to closed churches||||173|331| |Loan relating to a closed church||||30,000|| |Affiliation Fees||||180|176| |Closed church sale distribution||||414,153|148,000| ## ## ## |||||2021|2020| |---|---|---|---|---|---| |Net movement
in funds||for the year||1,344,689|(633,530)| |Depreciation||||80,744|81,661| |(Profit)/loss
on disposal||oftangible|fixed assets|(60,639)|| |(Gains)/losses
on|investments|||1,012,130|500,346| |Investment
property|revaluation|||(262,000)|| |(Increase)/decrease|in|debtors||35,255|(14,165)| |Increase/(decrease)|in|creditors||(40,803)|(59,312)| |Net cashflow from|operating
activities|||85,116|(125,000)| ## ##