Re[pts and Payments Account forthe year ended 31 De¢ember 2021 Unrestrkted Restrlcted Funds Funds 2021 2021 Endowment Funds 21 Total 2021 Recei Donations & Plate Eollection Proceeds from Fund Raising Events Legacies Charity Collections Bank & Deposit interest Invèstmènt income Rentsl of premlsès Churchyard Receipts Grants Other Receipts 31,356.66 135.00 825.00 1,267.00 202.21 310.40 27,457.75 135.00 825.00 1,267.00 216.49 310.40 3,300.00 1,650.00 14.28 3,300.00 1.650.00 3,254.24 120.00 120.00 39,120.51 3,314.28 42,434.79 Pa Wages and Salaries Diocesan Costs1A55essment Church RLsnning Costs Glebe Costs Parish Centre Costs Administration Costs Charitsble Donatlons 885.00 17,196.41 21.553.37 3,450.87 213.36 1,205.26 2.342.1J) 885.00 21,573.68 21.553.37 3,525.72 213.36 1,211.28 2,342.00 74.85 6.02 I Pa 46,846.27 80.87 46,927.14 Excess of Payments over Re¢elpts for the year betore tr•nsfer5 -7,725.76 3,233.41 4.492.35 Transfers Exce55 of pan•ts over Receipts forthe year -7,725.76 3.233.41 4A92.35 On Behall of the Trustees Mar8aret Knipe Maurice Knlpe Datè:
Statement of Assets and Llabllltles as at 31 De¢ernber 2021 Unrestricted Funds 2021 Restricted Funds 2021 Endowment Funds 2021 Total 2021 Cash Funds Current Accounts Dep051t Accounts Total Cash Funds 81.92£k03 20,383.48 1,532.04 21,915.52 102.307.51 1,532.04 103,839.55 81,924.03 Investment Assets Equity Investments Other Llsted Investments Invèstments in RCB I CIT Unit Trusts Other unlistèd inve5tment5 Investment Properties Totsl Investment Assets 41A16.38 41A16.38 41A16.38 41A1638 Assets retslned torthe Parish's own use Glebe House Parish Hall Glebe Land Total Assets rètalntd for the Parish's own use 383.115.19 260.000.00 643,115.19 383,115.19 260,000.00 643.115.19 On Behalf of the Trustees Margaret Knlpe Maurice Knipe Date: 30. i ej. Lr•LL
Notes tothe flnandal statements forthe year ended 31 De¢ember 2021 l. Accountlng polldes Set out below are the principal accounting policies which have been adopted in the compllation of the Re¢elpts and Payments Account and the Statement of Assets and Liabillties {a) Recelpts and Paymerrts Account All items of income and expendItU included within the ReIpts and Payments Account have been accounted for on a cash receipts basis. Ibl Ststement ol A55ets and Llabllltles li}Assets retalnedfvrthe Pansh'5 own use The assets of the Parish, retained for its own use comprise.'_ Church 8uildlng and Graveyard Parlsh Centre Glebe Land The Church Building and Graveyard are deemed to be Heritage assets as dÈfined by the Charities SORP IFRS1021 These Herltage assets are not included in the statement of assets and liabilities as information on the cost or valuation Is not available and such information cannot be obtained at a cost commensurate wtth the benefft to the users of the accounts and to the parish. The Parlsh CentrÉ was bu1 in the 1980's. The Insuran value has been used as it is not t05t commensurate to havè this professÉonally valued. The Glebe Land has been estimated at the current market rate for agricultural land of £10,000 per acrè. 111 Instments Fixed asset investments comprising investment propèrties, investments in equlties (ordinary shares) and investment in RCBlaT Unit Trusts are Initi81]y Corded at cost and are then subsèquently stated at fair value at each year end date. Investments in unquoted investments are recorded at cost and are assessed annually for impairment.
Notes to thllnandal statements for the year ended 31 December 2021 Icontlnued} l Recondllatlon of Cash Fund5 Total Cash Funds at Béginnin8 of the year Prior year adjustrnent Receipts for the Year Payments for the Year Total Cash Funds at ènd of the year 111,251.39 12,919.491 42,434.79 146.927.141 103,839.55 Movement In Funds Atljan 2021 Incoming Resources Outgolng Resources At 31 Dec 2021 Tran5Fers Restricted funds Legacies Account Land Account 1,532.04 17.150.07 -0.00 -80.87 0.00 0.00 1.532.( 20,383.48 3,314.28 18,682.11 3.314.28 40.87 21315.52 Unrestri¢ted funds General Fund Prlor year adlustment 92,569.28 -2.919.49 89,649.79 39,120.51 46,846.27 81,924.03 39,120.51 46J46.27 8L924.03 Total funds 108.331.90 42N3&79 46,927.14 0.00 103W39S5 Pur oses of Restricted Funds Legacies Account: This is money on hold for major upgrading of the church hall. Land Account= Thls is a bank account for the maintenancè of the Glebe Land. Collectlons lorThird Parties 2021 Diocesan Hospice Appeal Christian Aid Lepr05y Earl Haig Childrens Hospice Simon Community Bishop's Appeal 250.00 85.00 310.CQ 2LXJ. 170. 55.00 197.00 1,267.00 io
Notes to the financlal statements forthe year ended 31 December Z021 (eontinuedl 4L Charlty Allocatlon$from Churth Funds 1075.IX> This is a sum allocated annually by the Trustee5 to support a number of charities not included in Collertions for third parties. The 3bove amounts have been Induded In Receipts for the Year under"Charity Collectlons. and In Payments for the year under"Charltable donations". S. Grants 2021 2020 RCB- Safe Return fund 3,254.24 3.254.24 & Tran5actlons w5th the Trustees The parssh paid expenses of £3,450.87 relatingto the njnnlng wsts of the 8lebe house which is occupied by the rector. 7. Governance Costs There were no governance costs incurred durin8 the year.