## ## ## ## ## ## ## ## ||||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
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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
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