: 

- 

## Annual Report 

## and 

## Financial Statements 

of the 

## Parochial Church Council 

## St Lawrence Church, Biddulph 

for the year ended 31 December 2021 

Registered Charity: St. Lawrence Church charity no: 1127353 

Incumbent: Current vacant 

Bank: National Westminster 

Independent Examiner: Mr. D. Fox 

Walletts 2-6 Adventure Place Hanley Stoke on Trent ST1 3AF 



_ 

## Contents 

Page 1 Index 

Pages 2-3 PCC Treasurers Report Page 4 Independent Examiners Report Pages 5-6 Receipts and Payments Account Page 7 Statement of Assets and Liabilities Page 8 Notes to the Accounts 

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## Finance Report for 2021 Accounts 

## General Comment on the Accounts 

The method used to prepare the accounts is on the Payment and Receipt system. The software used for keeping the accounts is called “MyFundAccounting.Online” which is produced by a company called Data Developments. The Lichfield Diocese decided they would encourage churches in the Diocese to use this software and pay the monthly fee for its use. 

An over view of the accounts shows that our cash balances across all funds has decreased by £28,577 while the value of investments decreased by £714. One notable item not included in the figures and will appear in the 2022 accounts is some £10,985 of recoverable tax from Gift Aid (Apr to Dec). Gift aid for Apr to Oct was applied for, but as yet it has not appeared in the church account. 

## All payments have been made, with none outstanding. 

The expenditure was £9,000 greater than what was included in the budget. Fortunately this was offset a little by the income being £3500 greater than expected. 

## Individual Fund comments for 2021: 

Despite Covid19 and our not meeting in Church for quite some time monthly and weekly giving has been maintained as many people give by standing order or the envelope scheme. As in 2020 loose plate collection giving has been lower than it would be normally. 

The other major impact that Covid19 continues to have is a reduction in the income from Church Hall Lettings. This was partly offset by lower utility bills. The rent income from Southview will increase in the coming year. Currently we are not receiving any rent income from School House. 

There have been several major costs throughout the year, some budgeted, but some unexpected. The Church Boiler needed replacing at a cost of over £4,000. The Church Roof required some maintenance which cost £800. Over £20,000 has been spent has been spent on the Church Hall, some items have been normal maintenance, but some work has been done which was not expected 

We have maintained our giving to charities; people have been very generous at various times throughout the year and combined with the money agreed by the PCC from the general fund the total given to a variety of charities was £12,769 

The Youth worker fund increased by £2,000, at current levels of giving, the fund will cover running costs for a minimum of 2 years +. 

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## Outlook for 2022 

We start 2022 in a good financial position. However, the budget agreed by the PCC for 2022 shows a deficit of approx £50,000. Please consider this as you review your giving to the work of God at St. Lawrence. 

Thank you to the many people who are involved in the various different aspects of the Church finances. Funeral and Wedding Fees, Gift Aid, Collection Counters, members of the Finance Committee, those wha bank the cash offerings and donations, Church Hall Fees, all jobs that are so important to the smooth running of the Church finances. 

## Paul Roebuck 

January 2022 

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_ 

## Independent Examiner's report to the trustees of St Lawrence Church, Biddulph 

| report to the trustees on my examination of the accounts of St Lawrence Church (Biddulph) for the year ended 31 December 2021, which are set out on pages 5 to 8. 

## Responsibilities and basis of report 

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with 

the requirements of the Charities Act 2011 (‘the Act’). 

| report in respect of my examination of the Trustee's accounts carried out under s.145 of the 2011 Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under s.145(5)(b) of the 20171 Act. 

## Independent examiner's statement 

| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

(1) accounting records were not kept in respect of the Trust as required by s.130 of the Act; or 

(2) the accounts do not accord with those records. 

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 


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a/ —<br>**----- End of picture text -----**<br>


## D. Fox FCCA 

## Walletts 

Chartered Certified Accountanis Adventure Place Hanley 

Stoke on Trent Staffordshire ST1 3AF 

Page 4 



. 

## St. Lawrence Church, Biddulph 

## Financial statements for the year ending 31 December 2021 

## Receipts and Payments Account 

|||Unrestricted<br>Funds|Designated<br>Funds|Restricted<br>Funds|Total2021|2021 —‘Total2020|2021 —‘Total2020|
|---|---|---|---|---|---|---|---|
|||£|£|£|£||£|
|Receipts||||||||
|Donations and legacies<br>0101 - GiftAid<br>- Bank||45,860|-|40,565||56425|63,924|
||0110 - Gift Aid - Envelopes|4,927|-||-|4927|7,153|
||0201 - Otherplanned giving|8,465|-|1,560||10025|8,970|
||0301 - Loose plate collections|5,698|-||-|5698|4,134|
||0401 - Mission/Charities|-|-|3,153||3153|3,673|
||0410 - Seasonal Envelopes|-|-||-|-|134|
||0501 - One-off GiftAld gifts|-|-||-|-|20|
||0550 - Donations appeals etc|8523|-||-|8523|447|
||0601 -Tax recoverableon GiftAid|5,608|-|1,351||6958|29,011|
||0701 - Legacies<br>0801 - Recurring grants|-<br>54|-<br>-||-<br>-|-<br>54|40,000<br>54|
||O8A1 - Non-recurring one-off grants|1,346|-||-|1346|4,121|
|Donationsand|legacies Totals|80,480|-|16,629||97108|128,641|
|Income from charitable activitles<br>0902 -YouthWork Income from Subscriptions||146|-||-|146|707|
||1101 - Fees forweddings and funerals|10,190|136||-|10326|10,698|
||4230 - Church hall lettings|3786|-||-|3786|4,053|
|Incomefrom charitable activities Totals||14,121|436||“|14257|15,458|
|Other trading activitles<br>1240 - Church hall Renewable Energy||370|-||-|370|681|
||1260 - Magazine Sales and Photocopy use|27|-||-|27|-|
|Othertrading activities Totals||398|-||-|398|684|
|investments||||||||
||1001 - Dividends|1,032|-||-|1032|1,163|
||1020 - Bank and building society interest|13|-||-|13|410|
||4030 - Rentfrom lands or buildings|6,900|-||-|6900|6,560|
|Investments Totals||7,945|-||-|7945|7,833|
|Other Income||||||||
||4330 - Refunds|796|-||-|796|-|
|OtherIncome Totals||796|-||-|796|-|
|TotalReceipts||ee<br>tare<br>188<br>16,629<br>120,505<br>152,614||||||



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7 

## St. Lawrence Church, Biddulph 

## Financial statements for the year ending 31 December 2021 

## Recelpts and Payments Account 


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|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Unrestricted|Desianated|Restricted|Total 2021|‘Total 2020|
|£|£|£|£|£|
|Payments|
|Expenditure|on|charitable|activities|
|1720|- Outreach|Costs|259|-|-|259|20|
|1801|- Giving|to|missionary|societies|3,876|-|624|4,500|4,218|
|1830|- Giving|-|Christian|Organisations|2,200|-|424|2,624|3,501|
|1850|-|Home|mission|4,908|-|904|2,812|1,515|
|1870|-|General|charities|4,145|-|1,688|2,833|4,517|
|1910|-|Ministry|parish|share|etc|51,276|-|-|$1,276|64,769|
|2002|- Youthwork|Salary|Casts|-|-|10,325|10,325|14,821|
|2003|- Youthwork|Pension|Costs|-|-|654|654|4,098|
|2005|- Youthwork Expenses|874|-|-|874|1,285|
|2050|~- Salary of|parish|administrator|9,402|-|-|9,402|8,956|
|2101|- Working|expenses|of incumbent|-|-|-|-|445|
|2130|- Parsonage|house expenses|1377|-|-|4377|290|
|2150|- Vicar's|telephone|-|-|-|-|398|
|2160|- Bank Charges|461|-|-|461|456|
|2301|- Church|running|-|insurance|3,705|-|-|3705|2467|
|2310|- Church|office/Administration|4,947|-|-|4,947|4,426|
|2330|- Church|maintenance|1,454|-|-|1,451|2,011|
|2331|- Church|running|-|Cleaning|3133|-|-|3,133|3,177|
|2340|- Upkeep|of services|2660|-|-|2,660|2,582|
|2350|- Upkeep|of churchyard|-|-|-|-|424|
|2370|- Visiting|speakers/iocums/Candidates|985|-|-|985|212|
|2401|- Church|running|-|electric|1774|-|-|1774|2854|
|2410|- Church|running|-|gas|4,209|-|-|4,209|3,939|
|2420|- Church Yard|- water|40|-|-|40|-|
|2501|- Magazine expenses/Photocopy/Priniting|4149|-|-|4,149|3,751|
|2510|- School|House|running|- gas|383|-|-|383|141|
|2511|- School|House|running|-|electricity|301|-|-|301|121|
|2512|- School|House|running|- water|44|-|-|44|2624|
|2513|-|School|House|running|- Council|tax|454|-|-|454|454|
|2520|-|Hall|running|-|cleaning|2,063|-|-|2,063|4,995|
|2530|-|Hall|running|-|electricity|461|-|-|461|4,333|
|2540|-|Halt|running|- gas|1,890|-|-|1890|53|
|2550|-|Hall|running|- insurance|2,536|-|-|2,536|1,465|
|2560|-|Hall|running|- maintenance|2,033|-|-|2033|259|
|2590|-|Hall|running|- WiFi|Network|547|-|-|547|2,387|
|2601|- Governance|costs|examination/audit|fee|720|-|-|720|732|
|2701|- Church|Major Work/Repairs|5,560|-|-|5560|-|
|2801|-|Hall|Major Work/Repairs|17641|-|-|17,641|9,415|
|2840|-|School|House|+|major|repairs|-|-|-|-|2,935|
|Total|Payments|134,461|-|14,620|149,081|153,036|
|Excess|of Recelpts|over Payments|(30722)|136|2009|(28576)|(423)|

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## St. Lawrence Church, Blddulph 

## Financial statements for the year ending 31 December 2021 

|Statement|ofAssets and Liabilities|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||Unrestricted<br>Funds||Designated<br>Funds|||Restricted<br>Funds|Total|202%|Total|2020|
|||£|||£||£|£||£||
|Current Asset - Investments||||||||||||
||6511: M and G Investments|35,427||||-|7,629|43,056||43,770||
|CurrentAsset - Cash AtBankAnd In Hand||||||||||||
||6501: General Bank current account||6,415|||-|2,186||8,602|45,191||
||6502: Youth Worker Bank account|||-||-|-||-||-|
||6505: Reserve Bankdeposit account|14,671||||8,299|32,957|55,927||77,921||
|Total|6510: CCLA (CBF) depositaccount|12,704<br>33,790||||-<br>8,299|-<br>35,143|12,705<br>77,234||42,698<br>105,810||
|Amount owing tothe church||||||||||||
||Income Tax Recoverable||6,915|||-|1270||10,985||2,800|
|Liabilities|-Amounts owed by the church|||||||||||
||Payments to Charities not yet presented|||-||:|:||-||-|
|||||-||-|-||.||-|
|The balances ofdesignated and restricted funds attheyearend are|||as follows:|||||||||
|||||||||Total|2021|Total|2020|
||Designated Funds|||||||£||£||
||Designated - Bursary<br>Designated - ChurchYard<br>Designated - Equip&Tower<br>Designated - Southview<br>Designated ~VicarsDiscretionary||||||||2,375<br>§,710<br>:<br>-<br>214<br>8,299||2,375<br>5,710<br>5,098<br>7,788<br>214<br>21,185|
|||||||||nn||||
|||||||||Tota!|2021|Total|2020|
||Restricted Funds|||||||£||£||
||Restricted - CharityFunds||||||||-||399|
||Restricted - YouthWorker||||||||42,772||40,365|
||||||||||42,772||40,765|



## Approved by the PCC on 24th January 2022 and signed on their behalf by: 


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Andrew Shufflebotham Alison Gibson<br>(PCC Vice Chair) (Churchwarden)<br>**----- End of picture text -----**<br>


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## St. Lawrence Church, Biddulph 

## Financial statements for the year ending 31 December 2021 

## Statement of Assets and Liabilities 

## Notes to the accounts 

4. The financial statements have been prepared in accordance with the Charities SORP guidance using the Receipt and Payments basis. 

2. South View Property. The property at South View is vested in the Lichfield Diocesan Trust (LDT) lodged under trust number 81 on behalf of the Vicar and Churchwardens of Biddulph St Lawrence. The church receives income from this property. 

3. St Lawrence School House. The Schoo! House is held in trust by the Churchwarden's for use by the church. 

4. For use by the charity and belonging to the General Purposes Fund: 

Movable church fittings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church's inventory, which can be inspected (at any reasonable time). 

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