OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

Page
Trustees'
report		 1-5
Independent
examiner's		 report
Statement offinancial activities 7-8
Balance sheet 9-10
Notes to the financial statements 11 - 24

The Trustees,
who are also the directors for the		 The Trustees,
who are also the directors for the		 The Trustees,
who are also the directors for the		 purpose ofcompany purpose ofcompany law, and who served during the year and up to
the date ofsignature ofthe financial statements were:
The Right Reverend P Hunt
Right Reverend
DrJ		 Fenwick
Mr WA Clemente
Mrs M Cassidy (Resigned 19March 2022)
Mr C Mills
Miss LA Seeker
Reverend
Dr G Wareing		 (Resigned 19March 2022)
Reverend
R Wilson
Reverend
M Spiers
Mrs N Stenstrom
Reverend A K Roberts (Appointed 10 May 2022)
The Reverend
DrJWatson		 (Appointed 10 May 2022)
Mrs TJ C Sahadevan (Appointed 10 May 2022)
The Reverend
G EAndow		 (Appointed 10 May 2022)

IG0 O
CGO		 IIC Ol
CO		 CD
'cC		 Cl
C
IO		 IA
I		 CD
CO		 IO
IO		 Cff
C)
IO
I CG IA I I Cl
CG		 CI
CD
Cl		 IA
Cl
4l0
I
tll		 N
L		 O
CG
Cl
CG		 tff Ol
CO
CG		 I
IA
CG
CA		 Cl
O
IO
I		 Cl
CO
If)
Cff		 CG
IO
IA		 Cf
CI
CDOd
Gl
IL
'0
4I
IGC
CD		 th'0c O
t»
CG		 IIC IA
IA
Cff
Cl		 C!
IO
CO
Cl
GI0O
'0
Gl
0
I		 th
4IC		 O
Ol		 tff Ol IO
CD
Cfl
CO
CC
fh0
L
m
0		 Cfl
CI		 «Il fff
Cff		 Cft
Cl
IO		 Cl
CC IA IA Ch
CI Cl
'000
I		 Gl'0
C
4		 r
Cft
CI
Cff		 tfl CI
CO
Cl
Cf
lh
ID
'0
ID		 N
'0		 Cfl tft
Gl C CG IG
Gl
I-
tOD		 Vl
rh0O		 ID
C
ILI-
O		 I-2DpoO O '0
Gl
0C
N
Gl		 N
'0
L		 CC
CI
CC		 Gl
th
Gl
02		 Cfl IA O Cl
Cl
CI
Ol
'Cf		 IO
CI
Ol		 CD ID
ID
th
0I
V00
th
th0
Gl0
«I
CiZ
0Z
0zO
ILDZO
ZI-		 CO M
UJI- I-
O
OUJ
NI II.X
~
UJ
—O
OZ
zg
ZZ
ILp
p o2
I-p
lU 2
2a
lUg
I
In 2		 III
u
IIJ
UJ
I
p
u.		 0
4
4I
E00L		 fh
Gl
V
IG
Al
0
m
N
c
0
Cf		 th
Gl
V
IG
Gl
m		 th
fD
V
Gl
F
m
Q		 N
C
0
E
N
C		 ID
E0V
Gl0		 V
Gl
Gl
GD
tG
m		 th
Gl
E
N
fD
C
C0
fh
4I
fh
th0
lh
Gf
Cll
Gl		 IG
ID
ID
0
E0
tfl'0
C
2 2
0 0
C
Gl
c E
Gl
ID
a»
IC 0
0 E		 IG
Cl
ID
I0
ID
E
0
V
I
c
Gl
0.
GC
Gl
2		 N
'0
C
C
Gl
E
Gl
0
2		 Cl
Cff
L
IG
IG
IG
th
fDVC
IG
m
IO
C
LL		 IO
Cfl
f
Gl
GO
E
ID0
O
IG
N0VL
IG
IG
'0
IL		 IG
Gl
Cl
IG
th
Gl
0
Gl
ID
V
IG
IG0C
IG
I
0
0E
Gl
ul
Gl
I-

2021 2020
Notes 6 E
Fixed assets
Tangible assets 13 9,400 9,629
Investments 14 706,469 641,176
715,869 650,805
Current assets
Debtors 16 24,395 23,675
Cash at bank and in hand 370,853 451,435
395,248 475,110
Creditors: amounts falling due within
one year 18 (31,509) (50,185)
Net current assets 363,739 424,925
Total assets less current liabilities 1,079,608 1,075,730
Creditors: amounts falling due after
more than one year 19 (128) (128)
Net assets 1,079,480 1,075,602
Income funds
Restricted funds 20 418,109 361,229
Designated funds 115,453 102,551
Unrestricted funds 545,918 566,442
1,079,480 1,075,602

Donations and legacies
Restricted Restricted
funds funds
2021f 2020
f
Legacies receivable 30,000
Coronavirus Job Retention Scheme Grant 17,758 22,849
17,758 52,849

2021 2020
Z
Incoming resources from charitable activities - contributions from other
churches 58,118 73,237
Other income 792 3,912
58,910 77,149
Analysis by fund
Unrestricted funds 792 3,912
Restricted funds 58,118 73,237
58,910 77,149

5 Other trading
activities
Tote I Restricted
funds
2021 2020
6
Rental income 7,600
6 Investments
Unrestricted Unrestricted Restricted Total
funds funds funds
2021 2020 2020 2020
6 6 5
Interest receivable 791 1,753 1 1,754

2021 2020
F f
Stipend costs 95,398 127,749
Depreciation and impairment 229 229
Book-keeping fees 927 1,011
Accountancy 8,026 7,020
General expenses 2,903 11,198
Legal and professional fees 27,303 19,811
Charges and fees 2,004 1,999
Property repairs 21,336
Tuition fees 3,300
Bad debts 11,663
136,790 205,316
Grant funding ofactivities (see note 8) 2,323 2,583
139,113 207,899
Analysis
by		 fund
Unrestricted funds 49,000 87,953
Restricted
funds		 90,113 119,946
139,113 207,899
8 Grants payable
2021 2020
8 F
Training
grants		 2,323 2,583
2,323 2,583

9 Independent Examinefs Remuneration
Fees payable to the Charity's
Independent		 Examiner: 2021f 2020
6
Independent Examination ofthe Charity's Annual Accounts 2,000 2,000
Non-audit
services
Accountancy and payroll services 6,026 5,020

2021 2020
Number Number
Ministers
Employment costs 2021 2020
6 F
Stipends 91,733 122,937
Social security costs 2,130 3,269
Other pension costs 1,535 1,543
95,398 127,749

Tangible fixed assets
Freehold land and buildings
E
Cost
At 1 January 2021 11,461
At 31 December 2021 11,461
Depreciation
and impairment
At 1 January 2021 1,832
Depreciation
charged		 in the year 229
At 31 December 2021 2,061
Carrying
amount
At 31 December 2021 9,400
At 31 December 2020 9,629

14 Fixed asset inves tmen ts
Listed Other Total
investments investments
E
Cost orvaluation
At 1 January 2021 641,076 100 641,176
Valuation
changes		 65,293 65,293
At 31 December 2021 706,369 100 706,469
Carrying
amount
At 31 December 2021 706,369 100 706,469
At 31 December 2020 641,076 100 641,176
2021 2020
Other investments compose: Notes E E
Loans to subsidiaries 100 100
15 Financial
instruments		 2021 2020
E E
Carrying
amount		 offinancial assets
Instruments
measured		 at fair value through profit or loss 706,369 641,076

16 Debtors
2021 2020
Amounts
falling due within one year:		 6 6
Other debtors 24,395 23,675
17 Loans and overdrafts
2021 2020
6 6
Interest free loans 128 128
Payable after one year 128 128

18 Creditors: amounts falling due within one year
2021 2020
6
Other creditors 31,509 50,185
19 Creditors: amounts falling due after more than one year
2021 2020
Notes 6 6
Otherloans 17 128 128

Balance at Revaluations, Balance at Revaluations, Balance at
1 January
2020		 gains and1 January
2021		 gains and 31December
losses losses 2021
E
Clergy Benevolent Fund 102,450 5,809 108,259 7,094 115,353
Somerville Bequest 101 101 101
102,551 5,809 108,360 7,094 115,454
(4 O
ID		 4( Ch
Ch
CO		 CD
I		 ID
Ctl
Dl		 DD Cl(0
Ol ID
Ctl
CO Cl
'0
hl
0		 N
0C		 0
CI		 4( CD
(9		 CI
CI
CD
ID CI
NS Ctt I CI
CL'
10
tll
NC		 N
0C		 O
O		 4( C(l
N		 CD(0
Ol		 O(0
CD
Ch
N
th
CI
10
Cl
0		 Ih
MC		 O
Cl		 4l Ol
N
(0		 t(l
I
CV		 Dl
CO
CD
Ol ID
N
N		 Dl
C
Ih0I- C(I
CI		 W O
O
Ol		 Ol
(0
(0
O
I		 Dl
(D
(D
CD		 CD
C(l		 O
CD
Dl
Cl
'O
hl
0
I		 hl
'U
C		 CI
Ctl		 4l C(l
O
CO
ID		 CD
0
O
IO		 OIO
CD
N
4|
IL
10
hl
hlC
Ql		 N
100
1		 CV
CI
(4		 4I IO
ID
O
CD		 I
Ch
N
COD
I-
O
OZc(		 0
ZI-Z00e
I-
Z
lUX		 o
04
(g		 hl
CI
'000
I
Ih
Ihl
CO		 N
0		 t
DI
0
Dl		 W O
O
0(		 (0
Ctl
I		 O
(4
CD
CV
QZ 0
UJ		 Ih'0 N
hf
0
X
O
DX
O		 tO
OZ
Z
U.
UjZ
I-
0
CO
LU		 LU0
LU
g
c{
LU		 N
th
4I
N
N
ID
hl
0
Ih
Ih
N4		 CI
Ctl
ID
Cl
E
hl0
N
Ct
(4
N
Cl~
0 O
C
N
(4
m»
N
'0
Cl
C
hl		 N
0
N
N
ID
N
J-I
Yn
Itl		 Ih
Cl
J3
N
(4
Vl0
(4
N
C
Ih
hl
8
CO&
XI- Z P. DI
CV