## **ALL SAINTS’ CHURCH - FOUR OAKS**
## **FINANCIAL STATEMENTS**
## **OF THE**
## **PAROCHIAL CHURCH COUNCIL**
## **FOR THE YEAR ENDED 31st DECEMBER 2021**
## **INCUMBENT:**
**THE REVEREND CANON D.A. LEAHY ALL SAINTS’ VICARAGE 26 ALL SAINTS’ DRIVE FOUR OAKS SUTTON COLDFIELD B74 4AG**
## **BANKERS: (CHURCH)**
**H.S.B.C. BANK P.L.C. 1 GREAT CORNBOW HALESOWEN**
## **(CENTRE)**
**H.S.B.C. BANK P.L.C. 67 THE PARADE SUTTON COLDFIELD B72 1PD**
## **INDEPENDENT EXAMINER :**
**FRANCES TAYLOR BSc FCA FCIE 1 SHAW CROFT SHERIFFHALES SHROPSHIRE TF11 8SP**
## **Registered Charity Number: 1127355**
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## **CONTENTS**
|**Item**|**Page No.**|
|---|---|
|Annual Report|2|
|Independent Examiner’s Report|10|
|Statement of Financial Activities|11|
|Balance Sheet|12|
|Accounting Policies|13|
|Notes to the Accounts|16|
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## **ALL SAINTS’ CHURCH, FOUR OAKS, SUTTON COLDFIELD ANNUAL REPORT 2021**
## **AIM AND PURPOSES**
All Saints Four Oaks Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent, the Rev’d Canon Adrian Leahy, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC also has responsibility for maintaining the church building and All Saints’ Church Centre and grounds, including the community building and storage building which are occupied under licence by the Scout and Guide groups affiliated to All Saints.
## **OBJECTIVES AND ACTIVITIES**
The PCC is committed to enabling as many people as possible to share our worship and to become part of the parish community at All Saints. The PCC maintains an overview of the Worship, Music and Discipleship sub-committee, which considers worship in the parish and makes suggestions on how our services can involve the many groups that live within our local area. Our worship, both in formal services and other activities such as Messy Church, puts faith into practice through prayer and scripture, music and sacrament. The PCC also oversees the Mission, Outreach and Communication sub-committee, which co-ordinates our mission work, both within the parish and further afield. Other sub-committees reporting to the PCC are the Church Centre committee, which oversees the Centre managers and decides the broad strategy of how the Centre can further the aims of the church; the Children and Families committee which focuses on the inclusion of young people within the All Saints family, and the Charities committee which recommends the allocation of funds raised for mission and charity work. There is also a Pastoral team which assists the clergy with pastoral care of those in need, particularly the sick and infirm, and works in conjunction with the PCC.
When planning our activities for the year, we have considered the Charity Commission’s guidance on public benefit, and especially the supplementary guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through:
- Worship and prayer, learning about the Gospel and developing their knowledge and trust in Jesus Christ.
- Provision of pastoral care for people living in the parish.
- Missionary and outreach work
To facilitate this work, the PCC understands that it is important that the fabric of the church building, the Church Centre and the community buildings is regularly maintained. In order to identify any risks in relation to buildings, professional quinquennial inspections are performed. The last inspection of the Church was held in 2019, which confirmed that the building has been well maintained in the past and only minor works were recommended. The Covid pandemic has delayed the commencement of these works, but they will be carried out as soon as possible. Professional inspections of electrical systems, gas boilers, fire extinguishers and the church lightning conductor are also performed periodically and insurance arrangements regularly updated. As an added security measure, the Church Centre is covered by CCTV. The PCC has also put in place a Health and Safety policy and a Safeguarding policy to which Centre hirers are required to adhere, a Privacy policy and policies for responding to Domestic Abuse, Lone Workers and Whistle-blowers. All policies are reviewed and updated annually. Separate funds are kept for the maintenance of buildings, the organ and the Curate’s House.
## **ACHIEVEMENTS AND PERFORMANCE**
The Covid 19 pandemic continued throughout 2021, although it was possible to start re-opening the church and Centre buildings from April onwards. At all times close attention has been paid to any
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guidance issued by the government, the Church of England, the Diocese of Birmingham and other authorities, in relation to the operation and use of the church and the Centre buildings. The aim has always been to be cautious and to ensure the safety of all who visit our buildings.
Church activities have continued to be led by the Vicar, Adrian Leahy, and the parish has also benefited greatly from the assistance given by the Rev’d Averil Lauckner and her husband John Hawthorne.
## **Worship, Music and Discipleship**
The PCC aims to offer a range of services in a variety of styles during the week and over the course of the year that our community find both beneficial and spiritually fulfilling. All are welcome to attend our regular services.
In accordance with the Church Representation Rules 2020, the Electoral Roll was updated prior to the 2021 Annual Parochial Church Meeting (APCM) held in April, and listed 118 members (130 members in October 2020).
Following the success in 2020 of hybrid Sunday morning services held in church but also available on Zoom, it was decided to continue with this pattern during 2021, allowing as many people as possible to share our worship. Although Covid restrictions were relaxed in July, church members have tended to act cautiously, with fewer attending church (which allows continued social distancing), and many preferring to join our worship by Zoom. In order to improve the experience for everyone, the PCC is currently discussing the purchase of upgraded audio visual equipment for the church. We are very grateful to the technical team led by John Hawthorne, without whom the Zoom services would not have been so successful.
Wednesday morning services provide a quieter more reflective experience, and physical services have been held in addition to Zoom for much of the year.
Although the church was still closed at Easter, Holy Week and Easter Zoom services were held, and it was possible to hold an outdoor sunrise service on Easter Day.
We have been very restricted in the use of live music in church, and our Director of Music of many years standing left during the year. The tech team have sourced recorded music for Sunday services, but we were delighted to hear the organ again at our carol service. In recent months the choir has been able to lead our singing from the back of church, while members of the congregation continue to use face coverings.
Monthly Messy Church services were resumed in 2021, held by Zoom for the first few months. The first physical meeting in May, planned for the church grounds, had to move to a socially distanced session in the Centre due to poor weather, but an outdoor session in July was very popular. PCC continues to look for ways of strengthening the connection between these families and the Sunday and Wednesday congregations, and also hope to introduce some of the adults attending Messy Church to other areas of All Saints life. The Christingle service was held out of doors, and proved popular in spite of the rain.
Due to the improving Covid situation, it was possible to welcome some of our local school children to hold their carol service in church. The Children and Families sub-committee maintains an overview of the provision for our younger members.
The important funeral ministry continued, with 10 funerals in church and 10 at crematoria, and many of these services were also streamed on the internet. There were also 5 baptisms and two weddings in church.
There is not yet an obvious demand for 8am services at All Saints, and Evening services held jointly with our neighbouring parish of St James and occasional services of Churches Together in Four Oaks, are still suspended for the time being.
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2021 has continued to present challenges, but clergy and church members have demonstrated adaptability and flexibility in sharing our worship as widely as possible.
## **Mission, Outreach and Communication**
The principal outreach organisations affiliated to All Saints are the long established Mothers’ Union branch which provides fellowship for members while doing valuable work locally and worldwide, the scout and guide groups which continued to meet online early in the year before resuming a full range of meetings and physical activities in the summer, and the stay and play group for pre-school children which re-opened in September as Little Seedlings. The latter provides an extensive range of craft activities, toys, songs and stories, thanks to the hard work of Sharon Saunders, and is proving extremely popular.
The Church Centre provides a valuable community resource for a large variety of local organisations.
It is the policy of the PCC to donate at least 5% of income from normal giving to a wide range of local, national and international missions and charities, and the Charities sub-committee of the PCC makes a recommendation to the PCC of organisations to be supported. There has been a particular focus on the needs of the people of Afghanistan this year. It was again not possible to hold our principal fund raising event, the Christmas market, in 2021, but later in the year there were some social events which raised funds towards our Christmas appeal to support missions and charities.
All Saints has started exploring the path to becoming an Eco Church, and this remains a long term goal. Consideration continues to be given to how the Church Centre can be better used for mission purposes.
The parish magazine is produced monthly, and although this had to be distributed via post or email for much of the year, 2022 has seen the return to printed copies. Work will continue to ensure that the church website and Facebook pages are regularly updated and developed.
## **Deanery Synod**
Three members of the PCC also sit on the Deanery Synod which is intended to provide the PCC with an important link between the parish and the wider structure of the church. In 2021 there were three meetings, two by Zoom and one at Curdworth parish. A wide variety of subjects were discussed, including Every Day Faith, Environmental Matters, updates on People and Places, and Housing issues.
## **Church Centre**
We are very fortunate to have such a splendid and well maintained Church Centre building, which has always been very well used, both by church groups and paying clients, and we also have the benefit of a modern community building and store, used mostly by the scout and guide groups affiliated to All Saints, but also hired out to paying clients. A Church Centre report is attached to this annual report.
## **Pastoral Care**
All Saints Pastoral Team had a limited role in 2021, but an enlarged team is now undergoing training and is due to be re-commissioned in spring 2022. Members assist the clergy in visiting the sick, frail and bereaved in the parish, and towards the end of the year it was again possible to offer home Communion to those who request it.
## **Churches Together in Four Oaks**
All Saints has two representatives on the committee of Churches Together in Four Oaks, and it is hoped that their regular activities will resume as soon as possible. In the past, these have included joint
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services three time a year and on Good Friday, social events, the delivery of Easter cards and carol singing in Mere Green.
## **FINANCIAL REVIEW**
The combined 2021 accounts for the Church and Centre showed surpluses of £5,665 and £11,441 respectively, a total of £17,106. This was following a deficit of £11,580 in 2020 when we made a donation of £10,000 to the Diocese to help with problems associated with Covid. Comments relating to the Centre are included later in this report and therefore the details given immediately below relate solely to the Church.
Owing to the corona pandemic we were again unable to hold services in Church until the second half of April, relying solely on worship by way of zoom during this period. Since then attendances in Church have gradually increased although there is still a need to continue our zoom involvement. This, together with the loss of some members who have died or moved out of the area, has inevitably been responsible for a reduction of around £5,500 in our normal giving and tax recovery on gift aided contributions. However bearing in mind the difficulties encountered we have been extremely grateful to those who sometimes have gone out of their way to ensure their contributions are received.
The Curate’s House, 2 Knightsbridge Close, continues to be let out providing an annual rental of £15,000, although this was partially offset by agent’s fees, repairs and normal overheads totalling £3,625. We were very fortunate to receive a legacy of £500 from the estate of the late Diana Cave, a long standing member of All Saints. A transfer of £2,000 was made from our Church Centre Committee for which we were extremely grateful.
We were again unable to hold our Christmas Market owing to the covid problems, which until 2019 had always been responsible for raising funds towards our missions and charities giving. However an appeal was held towards the end of the year for this purpose when £2,298 was raised towards our charitable donations early in the New Year. In addition a further £1,357 was raised earlier in the year which enabled us to support the Afghanistan Appeal through British Red Cross in the sum of £1,500. It is hoped to arrange a summer event in 2022 to raise funds towards our future charitable giving.
Our Common Fund requirement of £60,000 to the Diocese was paid in full and overall we have been pleased that we have been able to contain normal routine expenditure within reasonable levels. However as our current fixed rate charges for gas and electricity come to an end in September 2022, we envisage a significant uplift in overheads in this respect in the future owing to the current well known national difficulties.
## **CENTRE REPORT**
The Church Centre continues to serve the church and the local community as a popular place for church and community activities. 2021 has been an unusual year because of the effect of the covid pandemic restrictions and regulations. The Centre was used intermittently in the year, but this use was only by a few groups. This use increased a little as the months progressed, but it was not until September that we were able to welcome every group and enjoy party bookings. Some groups returned but others did not for various reasons but there have been new groups, who have chosen to use our building for the first time. We had a few weekend parties mainly for children and their families and friends. All groups and hirers were very cooperative in following the regulations that were in force. We were grateful to them all and pleased to see the Centre busy again. The bar was reopened but was not used by many members and has continued to run at a loss in 2021. Bar subscriptions were not collected from members. Initiatives to increase bar use were postponed but it is hoped that these can be reignited in 2022. The bar financial situation has been a major concern of the Centre Committee and unwelcome decisions had to be made as it was felt irresponsible to allow a continued financial loss. The committee continued to meet using ‘zoom’.
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This limited use had a marked effect on the income but running costs still had to be met. Government grants of £35,000 overall were gratefully received and staff received wages in the form of furlough payments until October. All staff were awarded pay rises in April based on the increases to the Real Living Wage. The office managers worked part time to manage the buildings and keep up to date with the regulations. The grant money received was used to meet the necessary expenditure while there was little income. There was a marked effect on vat submissions due to the bar having been closed, with no purchases and sales. This result is that over £5,000 must be repaid.
The remaining grant money has been transferred to the reserve funds. It is planned to use this to improve the building particularly to save gas, electricity, and water to contribute towards the Church’s green footprint.
The running costs have been kept to a minimum, but the building must be maintained, and it is necessary to keep high safety standards. There have been the usual annual service costs for kitchen equipment and the gas boiler, for door and partition maintenance, for alarm services, electrical system maintenance and equipment testing plus additional expenditure related to the virus including hygiene supplies. Major spending has been necessary on the coffee machine to continue its use. Plans to further improve the building were paused but the building is in good repair, and it has not been necessary to draw money from the reserve funds, which was a blessing. This has resulted in the end of year operating account showing a surplus of almost £11,500 and it was pleasing to be able to transfer £2,000 to church accounts. The surplus is mainly due to grant monies received but there was also a small profit, which was used to fund the contribution to the Church.
There has been a change in the number and types of groups for young children and those with special needs, but it has been more difficult to encourage regular evening groups. This has contributed to the bar losses. It is hoped that this will change. The hard work of the Centre Managers and staff has resulted in many positive changes in the way the Centre is run and the pleasant and friendly atmosphere.
The Community Buildings, in All Saints’ Drive, used primarily by all the uniformed groups, (but are managed by and included in the finances of the Centre), continue to be self-financing. There are more community groups using this building at present and the income from these hirings reduce the charges made to the uniformed groups. In September they returned to holding their meetings indoors. £5,000 of the grant money is to be spent on improvements to the building in a similar way to the Centre. Running costs of the building in 2021 were as expected.
The Committee are confident that the Church Centre will continue to serve the church and community and look forward to a more successful year in 2022 with a bright future as part of the mission of All Saints’ Church.
## **INVESTMENT POLICY AND POWERS**
All investments are agreed by the Trustees and have regard to the Charity Commission guidance in relation to charity investment policy.
## **RISK POLICY**
During the year, significant risks to which the PCC may be exposed have been identified and documented to ensure that appropriate safeguards are in place to mitigate the impact of those risks. Risk was considered under five principal categories (Governance, Operational, Financial, Regulatory and External).
## **RESERVES POLICY**
It is the policy of the PCC to maintain free reserves at least sufficient to cover three areas: £100.000 to spend on mission initiatives over the next five years, £100,000 to cover the possibility of major repairs
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being required to the building, and enhancing and equipping it to suit the needs of a growing church; and a sum to cover six months running costs, which based on 2021 costs, amounts to around £75,000, making £275,000 in total. Current free reserves amount to £334,215 so we are in compliance with the policy at 31st December 2021. It is of course recognised that 2020 and 2021 were somewhat unusual owing to the difficulties caused by the Covid pandemic and six months running costs would normally amount to around £100,000.
## **PLANS FOR FUTURE PERIODS**
It remains important for the PCC to continue making a full Common Fund contribution as requested by the Diocese. 2021 has again presented significant challenges, but clergy and church members have continued to learn and adapt to different forms of worship. It is likely that there will be further investment in audio visual equipment in the coming year, and services will continue to be shared online for the foreseeable future, enabling our worship to be more flexible, and accessible to a greater number of people.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The method of appointment of Parochial Church Council members is set out in the Church Representation Rules. At All Saints the membership of the PCC consists of the incumbent (our Vicar), the Curate (if in post), members of Deanery Synod, the Churchwardens, co-opted members and members elected at the annual meeting by those on the church electoral roll. All members of the congregation are encouraged to register on the roll and are invited to stand for election to the PCC.
The PCC is responsible for making decisions on all matters of general concern and importance to the parish, including deciding on how the funds of the PCC are to be spent. The full PCC met once in person, four times by Zoom and once by email correspondence during 2020, with an average attendance of 86%. The PCC has complied with its duty under Section 5 of the Safeguarding and Clergy Discipline Measure 2016 to have due regard to the House of Bishops’ guidance on safeguarding children and vulnerable adults. The various sub-committees listed below are responsible to the PCC and report back to it regularly, with minutes of their decisions circulated to all PCC members and discussed by the full PCC as necessary
## **Standing Committee**
This is the only committee required by law. It meets to transact PCC business between PCC meetings, subject to any directions given by the PCC. It covers fabric and finance matters, including income, expenditure and reserves, and considers Christian Stewardship. It also oversees PCC policies and procedures.
## **Church Centre committee**
This committee provides strategic leadership and ensures accountability, oversight and assurance for the performance of the Church Centre and Community Buildings, including the support of the Centre managers.
## **Worship, Music and Discipleship committee**
This plans, in co-operation with the Vicar, all aspects of liturgy and worship, music both within and outside worship, and the development of disciples at All Saints.
## **Mission, Outreach and Communication committee**
This plans, in co-operation with the Vicar, the mission and outreach of the Church within the parish and wider community, and oversees all forms of communication.
## **Pastoral Team**
Members of the team assist the clergy in the pastoral care of church members. **Children’s and Families’ committee**
This committee plans provision for children, particularly Messy Church and all age worship, and oversees our links with local schools and youth organisations.
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## **Charities committee**
This recommends to the PCC how charity monies should be distributed to missions and charities.
In conclusion, the PCC looks forward to continuing to play its part in developing the work of the Church in Four Oaks, and we must express our sincere appreciation to all who have supported All Saints during what has been a very difficult period due to the Covid pandemic. whether financially or in many other ways. It is recognized that we are very fortunate in having well maintained buildings and healthy financial reserves, which ensure that we are well placed for the future.
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## **ADMINISTRATIVE INFORMATION**
All Saints is the Church of England Parish Church in Four Oaks, in the Deanery of Aston and Sutton Coldfield and the Diocese of Birmingham.
**Address:** All Saints’ Church, Belwell Lane, Four Oaks, Sutton Coldfield, B74 4TR **Incumbent:** The Reverend Canon Adrian Leahy (to 24[th] April 2022)
The Parochial Church Council is a body corporate established by the Church of England, and operates under the PCC Powers Measure 1956 and Church Representation Rules 2006. It is a charity registered with the Charity Commission (Charity number 1127355).
During 2021 the following served as members of the PCC:
Incumbent The Rev’d Canon Adrian Leahy (Chairman to 24[th] April 2022) Church Wardens Mrs Val Timmins (to Visitation, July 2021; then Vice-chair) Mrs Louise Richmond Mr Geoffrey Meeson (from Visitation, July 2021) Elected members Mrs Kay Baker (to APCM 2021) Mr Barrie Blizzard Mr John Blundell (Treasurer) Mr Alan Cowie (Centre Chairman) Mrs Rosamund Douglas (Secretary) Mr Rob Gibson (from May 2021; Deputy Warden) Mrs Linda Lewis (Centre Secretary) Mr Derek Limbert Mr David Phillips Mrs Dorothy Russell (Centre Treasurer) Mr Andrew Wood (Deputy Warden to December 2021) Deanery Synod Mrs Jennifer Blundell Mrs Julia Limbert Mr Geoffrey Meeson
Approved by the Parochial Church Council on 18[th] May 2022 and signed on its behalf by
…………………………………………..Mrs Val Timmins (Vice Chair as Parish now in interregnum)
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## **Independent Examiner’s Report to the Trustees of All Saints’ Church,**
## **Four Oaks, Parochial Church Council.**
I report to the trustees on my examination of the accounts of All Saints’ Church, Four Oaks, Parochial Church Council (‘the church’) for the year ended 31 December 2021 which are set out on pages 11 to 23.
## **Respective Responsibilities of Trustees and Examiner**
As the charity trustees of the Church you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’). The Church’s trustees consider that an audit is not required for this year under section 144 (2) of the 2011 Act and that an independent examination is needed.
It is my responsibility to:
- Examine the accounts under section 145 of the 2011 Act;
- To follow the procedures laid down in the General Directions given by the Charity Commissioners (under 145(5)(b) of the 2011 Act); and
- To state whether particular matters have come to my attention.
## **Basis of Independent Examiner’s report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
I 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 Church as required by section 130 of the 2011 Act; or
- 2) the accounts do not accord with those records; or
- 3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I 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.
…………………………..
Frances Taylor BSc, FCA ,FCIE FR4Good Ltd 1 Shaw Croft, Sheriffhales, Shropshire, TF11 8SP
DATE: …………….……
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## **PAROCHIAL CHURCH COUNCIL OF ALL SAINTS, FOUR OAKS, SUTTON COLDFIELD STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021**
|**Income & Endowments from:**|**Note**|**Unrestricted**
**Funds**|**Unrestricted**
**Funds**||**Restricted**|**Restricted**|
**Endowment**
**Funds**|
**Endowment**
**Funds**||**Total Funds**|**Total Funds**||**Total Funds**|**Total Funds**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||**Funds**|||**Funds**||**Funds**|||**2021**|||**2020**|
||||**£**|||**£**||**£**|||**£**|||**£**|
||||||||||||||||
|Donations and Legacies|1a|66,172||||-||-||66,172|||75,615||
|Activities for Generating Funds|1b|889||||3,805||-||4,694|||4,841||
|Income from Church Activities|1c|73,734||||-||-||73,734|||46,286||
|Other Income|1d|15,614||||-||-||15,614|||15,683||
|Income from Investments|1e|6,848||||6||-||6,854|||7,704||
|**Total Income**||**163,257**||||**3,811**||**-**||**167,068**|||**150,129**||
## **Expenditure on:**
|**Expenditure on:**|||||||
|---|---|---|---|---|---|---|
|Church Activities|2a|143,861|5,778|-|149,639|161,140|
|Raising Funds|2b|323|-|-|323|569|
|**Total Expenditure**||**144,184**|**5,778**|**-**|**149,962**|**161,709**|
|**Net Income/Expenditure**||**19,073**|**(1,967)**|**-**|**17,106**|**(11,580)**|
|Unrealised Gains - Properties
- Shares||30,527|-|-|30,527|13,729|
|**Net Movement of Funds**||**49,600**|**(1,967)**|**-**|**47,633**|**2,149**|
## **Reconciliation of funds:**
|**Reconciliation of funds:**||||||
|---|---|---|---|---|---|
|Total funds brought forward|2,528,369|15,044|-|2,543,413|2,541,264|
|**Total funds carried forward**|**2,577,969**|**13,077**|**-**|**2,591,046**|**2,543,413**|
The statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 16 to 23 form part of these financial statements.
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## **PAROCHIAL CHURCH COUNCIL OF ALL SAINTS, FOUR OAKS, SUTTON COLDFIELD BALANCE SHEET AT 31 DECEMBER 2021**
|**Fixed Assets**||**Note**||**2021**||**2020**||**2021**||**2020**|
|---|---|---|---|---|---|---|---|---|---|---|
|||||**£**||**£**||**£**||**£**|
||||||||||||
|Tangible Fixed Assets||4a|||||1,999,838||1,999,838||
|Investment Assets||4b|||||243,916||213,389||
|**Total Fixed Assets**|||||||**2,243,754**||**2,213,227**||
|**Current Assets**|||||||||||
|Bar Stock|||1,002|||670|||||
|Debtors||6|8,388||10,183||||||
|Cash at Bank & in hand||7|347,331||323,188||||||
|Less Liabilities - Amounts falling due
within one year||8|(9,429)||(3,855)||||||
|Net Current Assets|||||||347,292||330,186||
||||||||||||
|**Net Assets**|||||||**2,591,046**||**2,543,413**||
|**Funds of the Charity**|||||||||||
|Unrestricted||5|||||2,577,969||2,528,369||
|Restricted||5|||||13,077||15,044||
||||||||**2,591,046**||**2,543,413**||
|||
|---|---|
||**Vice Chair**
**Churchwarden**
**Churchwarden**|
|||
|||
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# **PAROCHIAL CHURCH COUNCIL OF ALL SAINTS’ CHURCH, FOUR OAKS AT 31 DECEMBER 2021**
## **Accounting Policies**
## **Basis of preparation**
The PCC is a public benefit entity within the meaning of FRS102.
The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCC’s together with the regulation’s ‘true and fair view’ provisions, together with FRS102 (2016) as the applicable accounting standards and the 2015 version of the Statement of Recommended Practice, Accounting and reporting by Charities SORP (FRS102).
The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the financial statements of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members. The financial statements have been prepared under the historical cost convention except for the valuation of property, which are measured as described under “Fixed Assets” below.
## **Going Concern**
All Saints’ Church, Four Oaks, is dependent upon the regular donations of its members. The balance sheet remains strong and a balanced budget has been prepared for 2021. On this basis the PCC has presented the accounts on a going concern basis.
## **Funds**
General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.
Restricted funds are those funds that must be spent on restricted purposes and details of the funds held and restrictions are provided in Note 5.
## **Income**
## **Donations & Legacies, Charitable Activities**
Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when received. Income tax recoverable on Gift Aid donations is recognised when the donation is received.
Grants and Legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount is quantifiable and its ultimate receipt by the PCC is probable. Funds raised by events have been accounted for gross.
## **Other Income**
Hiring income from letting the Church Centre is recognised when the hire is due.
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## **PAROCHIAL CHURCH COUNCIL OF ALL SAINTS’ CHURCH, FOUR OAKS AT 31 DECEMBER 2021**
## **Accounting Policies continued**
## **Income from Investments**
Dividends are accounted for when due and payable, and interest entitlements are accounted for as they accrue.
## **Gains and losses on Investments**
Realised gains or losses are recognised when investments are sold.
Unrealised gains or losses are accounted for on revaluation of investments at year end.
## **Expenditure**
## **Donations**
Grants and donations are accounted for when paid over.
## **Activities directly relating to the work of the Church**
The diocesan parish share is accounted for when due, as are any other items of expenditure.
## **Fixed Assets**
## **Properties and movable church furnishings**
Properties have been valued at figures assessed by Ecclesiastical Insurance or professional valuers, and depreciation has not been charged in agreement with the Diocese.
Movable church furnishings held by the vicar and churchwardens on special trust for the PCC are listed in the church inventory, which can be inspected (at any reasonable time).
Individual or grouped items with a purchase price of £1,000 or less are written off when the asset is acquired.
## **Other fixtures, fittings, and office equipment**
Individual or grouped items with a purchase price of £1,000 or less are written off when the asset is acquired.
## **Investments**
Investments are valued at market value and revalued at the end of the year.
## **Stocks**
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
## **Debtors**
Amounts owing to the PCC in respect of fees, rents or other income are shown as debtors less provision for any amounts that may prove uncollectable. These are recognised initially at settlement amount. Prepayments are valued at the amount prepaid net of any trade discounts due.
15
## **PAROCHIAL CHURCH COUNCIL OF ALL SAINTS’ CHURCH, FOUR OAKS AT 31 DECEMBER 2021**
## **Accounting Policies continued**
## **Cash and cash equivalents**
Cash at bank and in hand and short-term deposits comprise cash and short-term highly liquid investments held with either CBF Church of England funds and Julian Hodge (Bankers), with a short maturity of three months or less from the date of opening the deposit or similar account.
## **Liabilities and provisions**
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the PCC anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the statement of financial activities as a finance cost.
## **Financial instruments**
The PCC only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## **- Employee benefits pensions**
A defined contribution scheme is operated. The costs of post employment benefits are recognised as a liability and an expense and is allocated to the relevant fund to which it relates.
## **Accounting estimates and areas of judgement**
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The PCC carefully consider what level of professional support should be obtained in making these estimates and judgements and the cost of this in terms of the value it would bring to potentially interested parties and in carefully undertaking their duty in relation to charitable activities.
The PCC makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results.
16
## **PAROCHIAL CHURCH COUNCIL OF ALL SAINTS, FOUR OAKS, SUTTON COLDFIELD AT 31 DECEMBER 2021 Notes to the accounts**
|**(1a) Donations and legacies**
**INCOME AND ENDOWMENTS FROM:**||**Unrestricted**|**Unrestricted**||**Restricted**|**Restricted**||**Endowment**|**Endowment**||**Total Funds**||**Total Funds**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||**Funds**|||**Funds**|||**Funds**||**2021**||**2020**|
||||**£**|||**£**|||**£**||**£**||**£**|
|||||||||||||||
|
Envelopes incl. weekly payments under Gift
Aid|||9,314|||-|||-||9,314||12,296|
|Annual, Quarterly & Monthly payments
under Gift Aid||42,163||||-|||-||42,163||44,923|
|Income Tax recovered||11,945||||-|||-||11,945||12,349|
|Collections (Open Plate)||1,504||||-|||-||1,504||860|
|Sundry Donations||746||||-|||-||746||2,187|
|Legacies:-||||||||||||||
|Mrs D. P. Cave||500||||-|||-||500||-|
|Mrs J. Burley||-||||-|||-||-||1,000|
|W. T. Colman||-||||-|||-||-||2,000|
|**Total 2021**||**66,172**||||**-**|||**-**||**66,172**|||
|||||||||||||||
|_Total 2020_||_75,615_||||-|||-||||_75,615_|
|**(1b) Activities for Generating Funds**||||||||||||||
|Collections for Charitable Purposes
||-||||3,805|||-||3,805||3,791|
|Sale of Preserves||269||||-|||-||269||310|
|Magazine Advertisements||620||||-|||-||620||740|
|**Total 2021**||**889**||||**3,805**|||**-**||**4,694**|||
|||||||||||||||
|_Total 2020_||_1,050_||||_3,791_|||-||||_4,841_|
|**(1c) Income from Church Activities**||||||||||||||
|Fees (Weddings & Funerals)
||1,987||||-|||-||1,987||1,217|
|Flower Guild (Fees & Donations)||291||||-|||-||291||271|
|Social Events||336||||-|||-||336||-|
|Magazine Sales||353||||-|||-||353||405|
|**Church Centre:**||||||||||||||
|Subscriptions||N/A||||-|||-||N/A||406|
|Hire of Hall||28,634||||-|||-||28,634||22,198|
|Bar Sales||2,683||||-|||-||2,683||4,107|
|Misc. Income||3,261||||-|||-||3,261||1,631|
|Service Charge||600||||-|||-||600||712|
|Interest||27||||-|||-||27||204|
|Donations||224||||-|||-||224||148|
|Fund Raising Events||N/A||||-|||-||N/A||851|
|Government Grant Income (L/Authy grant re
closure of Centre owing to Covid lockdown)||35,338||||-|||-||35,338||14,136|
|**Total 2021**||**73,734**||||**-**|||**-**||**73,734**|||
|||||||||||||||
|_Total 2020_||_45,767_||||_519_|||-||||_46,286_|
17
**(1d) Other Income**
|**(1d) Other Income**||||||
|---|---|---|---|---|---|
|Curate's House Rent
|15,000|-|-|15,000|15,000|
|**VAT Recoverable:**||||||
|Maintenance|261|-|-|261|266|
|Equipment Purchases|54|-|-|54|-|
|HMRC Grant re: Cleaner|299|-|-|299|417|
|**Total 2021**|**15,614**|**-**||**15,614**||
|||||||
|_Total 2020_|_15,499_|_184_|-||_15,683_|
|**(1e) Income from Investments**||||||
|Dividends and interest
|6,848|6|-|6,854|7,704|
|**Total 2021**|**6,848**|**6**|**-**|**6,854**||
|||||||
|_Total 2020_|_7,648_|_56_|-||_7,704_|
|||||||
|**Total Income 2021**|**163,257**|**3,811**|**-**|**167,068**||
|||||||
|_Total Income 2020_|_145,579_|_4,550_|-||_150,129_|
18
## **PAROCHIAL CHURCH COUNCIL OF ALL SAINTS, FOUR OAKS, SUTTON COLDFIELD AT 31 DECEMBER 2021**
## **Notes to the accounts continued**
|**Unrestricted**
**Funds**
**£**
**(i) Missionary Societies**
**(2a) Church Activities/Missionary & Charity Giving:**
**EXPENDITURE ON:**||**Unrestricted**|**Unrestricted**||**Restricted**|**Restricted**||**Endowment**|**Endowment**||**Total Funds**||**Total Funds**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||**Funds**|||**Funds**|||**Funds**||**2021**||**2020**|
||||**£**|||**£**|||**£**||**£**||**£**|
|||||||||||||||
|C.M.S.
|||-|||-|||-||-||900|
|U.S.P.G.|||109|||41|||-||150||100|
|**(ii) Relief & Development Agencies**||||||||||||||
|British Red Cross Afghanistan Appeal
|||143|||1,357|||-||1,500||-|
|Chernobyl Children's Lifeline|||-|||-|||-||0||100|
|Christian Aid|||-|||250|||-||250||250|
|Christian Blind Mission|||-|||150|||-||150||150|
|Diocese-Malawi Fund|||-|||250|||-||250||250|
|Mary's Meals|||-|||-|||-||0||100|
|Practical Action|||-|||150|||-||150||150|
|Worldvision|||312|||-|||-||312||312|
|**(iii) Home Missions & Other Church Societies**||||||||||||||
|Bible Reading Fellowship|||-|||-|||-||-||100|
|Children's Society|||50|||400|||-||450||-|
|Church Army|||-|||150|||-||150||150|
|Church Homeless Trust|||-|||150|||-||150||150|
|Church Urban Fund|||-|||-|||-||-||150|
|Salvation Army|||-|||150|||-||150||150|
|**(iv) Secular Charities**||||||||||||||
|Acorns Hospice
|||-|||150|||-||150||150|
|Age UK|||-|||150|||-||150||-|
|Asthma Relief at Work in Sutton Coldfield|||-|||150|||-||150||-|
|Cancer Research UK|||-|||-|||-||-||150|
|Cruse Bereavement Care Birmingham|||-|||150|||-||150||-|
|Dementia UK|||-|||150|||-||150||150|
|Disaster Emergency Committee|||-|||150|||-||150||150|
|Edwards's Trust|||-|||-|||-||-||100|
|Livability|||-|||-|||-||-||100|
|Marie Curie|||-|||150|||-||150||-|
|Parkinsons UK|||-|||-|||-||-||100|
|Samaritans|||-|||150|||-||150||150|
|Save the Children Fund|||-|||150|||-||150||150|
|St Giles Hospice|||250|||-|||-||250||200|
|West Midlands Air Ambulance|||-|||-|||-||-||200|
|**Sub Total**|||**864**|||**4,398**|||**-**||**5,262**||**4,612**|
|||||||||||||||
|Donation to Diocese|||-|||-|||-||-||10,000|
|**Sub Total**|||**864**|||**4,398**|||**-**||**5,262**||**14,612**|
19
## **Sundry Expenditure:**
|**Sundry Expenditure:**|**Sundry Expenditure:**|**Sundry Expenditure:**|**Sundry Expenditure:**|**Sundry Expenditure:**|**Sundry Expenditure:**|
|---|---|---|---|---|---|
|**Ministry:**||||||
|Diocese Common Fund
|60,000|-|-|60,000|65,716|
|ClergyTravel Expenses|108|-|-|108|120|
|Vicarage Expenditure|(861)|-|-|(861)|712|
|Curate's House Expenditure|3,625|-|-|3,625|3,813|
|Church Music|1,216|-|-|1,216|5,131|
|Church Running Expenses & Maintenance
(inc. Organ)|9,375|1,380||10,755|10,589|
|Church Grounds|3,260|-|-|3,260|2,820|
|Upkeepof Services|1,394|-|-|1,394|1,786|
|Sundries|65|-|-|65|200|
|Magazine Expenses|995|-|-|995|1,112|
|Support Costs(inc. Training& Mission)|120|-|-|120|-|
|Books/Other Materials|230|-|-|230|-|
|Flower Guild(Flowers & Materials)|291|-|-|291|44|
|Hospitality|-|-|-|-|-|
|Children's/YoungPeople Activities|1,199|-|-|1,199|248|
|Admin/Prof. Fees (Church only see Centre
below / see note 12 for further detail)|3,202|-|-|3,202|2,885|
|Social Events|336|-|-|336|-|
|Equip/Repairs/Grounds|425|-|-|425|1,690|
## **Church Centre:**
|**Church Centre:**|**Church Centre:**|**Church Centre:**|**Church Centre:**|**Church Centre:**|**Church Centre:**|
|---|---|---|---|---|---|
|Bar Stock:||||||
|Opening|668|-|-|668|1,449|
|Closing|(1,000)|-|-|(1,000)|(668)|
|VendingMachine Stock:||||||
|Opening|2|-|-|2|61|
|Closing|(2)|-|-|(2)|(2)|
|Salaries/Bar Staff Wages|21,984|-|-|21,984|14,091|
|Equip/Repairs/Grounds|6,941|-|-|6,941|7,088|
|RunningExpenses|18,205|-|-|18,205|19,819|
|Bar Expenditure|1,035|-|-|1,035|2,227|
|Irrecoverable VAT|5,344|-|-|5,344|-|
|Admin/Prof. Fees (see note 12 for further
detail)|4,840|-|-|4,840|4,983|
|Fund RaisingEvents|N/A|-|-|N/A|95|
|Donation to C.M.S. Appeal|-|-|-|-|519|
|**Total of Church Activities/Missionary &**
**Charity Giving 2021**|**143,861**|**5,778**|**-**|**149,639**||
|||||||
|_Total 2020_|_158,550_|_2,590_|||_161,140_|
20
## **PAROCHIAL CHURCH COUNCIL OF ALL SAINTS, FOUR OAKS, SUTTON COLDFIELD**
## **AT 31 DECEMBER 2021**
## **Notes to the accounts continued**
|**(2b) Raising Funds**||**Unrestricted**|**Unrestricted**||**Restricted**|**Restricted**||**Endowment**|**Endowment**||**Total Funds**||**Total Funds**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||**Funds**|||**Funds**|||**Funds**||**2021**||**2020**|
||||**£**|||**£**|||**£**||**£**||**£**|
|||||||||||||||
|
Sale of Preserves|||173|||-|||-||173||319|
|Stewardship Costs|||150|||-|||-||150||250|
|**Total of Raising Funds 2021**|||**323**|||**-**|||**-**||**323**|||
|||||||||||||||
|_Total 2020_|||_569_|||-|||-||||_569_|
|||||||||||||||
|**TOTAL EXPENDITURE 2021**||**144,184**||||**5,778**|||**-**||**149,962**||**0**|
|||||||||||||||
|_Total Expenditure 2020_||_159,119_||||_2,590_|||-||||_161,709_|
|**(3) Staff Costs**|**(3) Staff Costs**|**2021**|**2020**|
|---|---|---|---|
|Wages/Salaries||23,393|15,390|
||Nat. Insurance Costs|n/a|n/a|
||Pension Costs|579|352|
||Freelance Fees|1,106|4,882|
|**Total**||**25,078**|**20,624**|
During this period the PCC employed 2 Centre Managers, Bar Steward/Staff and Cleaner. The Director of Music was paid on a freelance basis until she resigned in March 2021. The Vicar was reimbursed travelling expenses £108. Apart from this no member received any reimbursement of expenses or remuneration. The number of staff employed at the end of the year was 7, the average number of employees over the year was 7 (8 - 2020). No employees received employment benefits (excluding pension costs) of more than £60k.
The PCC members are the key management personnel and no remuneration is received by them.
Insurance includes Trustee and church council indemnity cover and there is no separate premium for this. No claims have been made under this policy.
## **(4a) Fixed Assets for use by the PCC**
|**(4a) Fixed Assets for use by the PCC**|||||
|---|---|---|---|---|
|Tangible Fixed Assets|2,
Knightsbridge
Close, Four
Oaks, Sutton
Coldfield
(Curate's
House)|All Saints'
Church Centre,
Belwell Lane,
Four Oaks,
Sutton
Coldfield|All Saints'
Community
Buildings, All
Saints Drive,
Four Oaks,
Sutton
Coldfield|**Total**|
||(i)|(ii)|(iii)||
|Book Value at 31.12.2020|249,950|1,074,493|675,395|1,999,838|
|Book Value at 31.12.2021|249,950|1,074,493|675,395|1,999,838|
(i) Curate's House was purchased in 2009 and the open market valuation was completed by D.J.Abbott FRICS of Hollier Browne, 3 March 2009. Buildings currently insured for £377,111. The property will be revalued in 2022.
(ii) The insurance valuation of the Church Centre Building has been utilised for this purpose. However it should be noted that the property, which was constucted adjacent to the Church in 1973 at a cost of £41k, is built on benefice land. The valuation was updated by Ecclesiastical Insurance under their review in 2017 at £1,143,078, although we are advised that a reduction of 6% (£68,585) needs to be applied to take account of demolition/site clearance costs included in their original figure and this aspect is reflected in the value.
21
(iii) The Community Buildings, which are built on benefice land, were acquired by the Parish during 2006 as part of a development scheme and they are currently mainly used by the Guide and Scout organisations, although they are let out for other purposes. Again the insurance valuation has been utilised, which was updated by Ecclesiastical Insurance in 2017 at £718,505 and the 6% reduction (£43,110) has been applied as mentioned in the previous paragraph. It is acknowledged that the valuations included under (ii) and (iii) may not represent the current market values. Properties under (ii) and (iii) will be revalued when Ecclesiastical Insurance undertake a further review in 2022.
|**(4b) Investments in the Central Board of**
**Finance Investment Fund**|**(Market Value as 31 December)**|**2021**|**2020**|
|---|---|---|---|
|1,368 shares (Original Cost £2,987)||32,036|28,027|
|1,165.66 shares (Original Cost £2,115) Registered in the name of the Curate's House Fund||27,298|23,881|
|3,832.30 shares (Original Cost £50,000) Registered in the name of Part Sale Proceeds of
Old Vicarage. Purchased November 2014||89,745|78,513|
|4,049.75 shares (Original cost £55,000) Registered in the name of Part Sale Proceeds of
Old Vicarage No: 2 Account. Purchased December 2015||94,837|82,968|
|||**243,916**|**213,389**|
|Market value at beginning of year||**213,389**|**199,660**|
|Un-realised gain/loss (-) on investment assets||**30,527**|**13,729**|
|Market Value at end of year||**243,916**|**213,389**|
|**(5) Analysis of Net Assets by Fund**||**Unrestricted**|**Unrestricted**||**Restricted**|**Restricted**||**Endowment**|**Endowment**||**Total Funds**||**Total Funds**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||**Funds**|||**Funds**|||**Funds**||**2021**||**2020**|
||||**£**|||**£**|||**£**||**£**||**£**|
|||||||||||||||
|Assets:
Properties
Investments||1,999,838
243,916||||-
-|||-
-||1,999,838
243,916||1,999,838
213,389|
|Current Assets
(Inc. Debtors, Stock, Bank/CBF
Accounts/Julian Hodge and Cash in hand)||343,644|||13,077||||-||356,721||334,041|
|Current Liabilities||(9,429)|||-||||-||(9,429)||(3,855)|
|**Fund Balances**||**2,577,969**|||**13,077**||||**-**||**2,591,046**||**2,543,413**|
|||||||||||||||
|**Analysis of Restricted Funds**||**At 1.1.2021**|||**Income**|||**Expenditure**|||||**At 31.12.21**|
|Missions & Charities Fund||2,891|||3,805|||4,398|||||2,298|
|Organ Fund (for expenditure relating to
organ)||5,000|||2|||1,380|||||3,622|
|CD Smalley Legacy Fund (for vestments)||7,153|||4|||-|||||7,157|
|||**15,044**|||**3,811**|||**5,778**|||||**13,077**|
|**(6) Debtors**||||||||||||||
|Goods & Services||30|||-|||-|||30||(82)|
|Prepayments & Accrued Income||7,263|||280|||-|||7,543||10,265|
|Other Debtors||815|||-|||-|||815||-|
|||**8,108**|||**280**|||**-**|||**8,388**||**10,183**|
22
## **PAROCHIAL CHURCH COUNCIL OF ALL SAINTS, FOUR OAKS, SUTTON COLDFIELD AT 31 DECEMBER 2021**
## **Notes to the accounts continued**
|**(7) Cash at Bank & Other Deposits**||**Unrestricted**|**Unrestricted**||**Restricted**|**Restricted**||**Endowment**|**Endowment**||**Total Funds**||**Total Funds**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||**Funds**|||**Funds**|||**Funds**||**2021**||**2020**|
||||**£**|||**£**|||**£**||**£**||**£**|
|||||||||||||||
|Church:
Current Account
Savings Account||12,461
4,152||||2,018
-|||-
-||14,479
4,152||14,112
4,152|
|Church Centre: Bank Accounts||14,327||||-|||-||14,327||4,224|
|**Deposits with the Central Board of Finance of**|**C of E**|**C of E**|**C of E**|**C of E**|**C of E**|
|---|---|---|---|---|---|
|Church Centre Reserve Fund|47,473|-|-|47,473|37,457|
|Community Building Reserve Fund|9,917|-|-|9,917|8,913|
|Fabric Fund|7,686|-|-|7,686|7,681|
|Curate's House Fund|25,807|-|-|25,807|26,704|
|Flower Guild|770|-|-|770|769|
|Organ Fund (for expenditure relating to the
organ)|-|3,622|-|3,622|5,000|
|I.M.Thompson Legacy|596|-|-|596|596|
|Part Sale Proceeds of Old Vicarage|84,745|-|-|84,745|80,018|
|C.D.Smalley Legacy (for vestments)|-|7,157|-|7,157|7,153|
|Miss M. Brancker Legacy|45,241|-|-|45,241|45,218|
|Mrs C. A. Elson Legacy|1,044|-|-|1,044|1,043|
|Mrs D. Blake Legacy|1,028|-|-|1,028|1,028|
|Dr B.M. Chapman Legacy|3,073|-|-|3,073|3,071|
|**Deposit with Julian Hodge (Bankers)**||||||
|Part Sale Proceeds of Old Vicarage|76,214|-|-|76,214|76,049|
||**334,534**|**12,797**|**-**|**347,331**|**323,188**|
|**(8) Liabilities: Amounts falling due within one**|**year**|||||
|Accruals and Deferred Income|2,176|-|-|2,176|1,087|
|Goods & Services|1,586|-|-|1,586|2,271|
|Taxation and social security|4,365|-|-|4,365|(393)|
|Other Creditors|1,302|-|-|1,302|890|
||**9,429**|**-**|**-**|**9,429**|**3,855**|
## **(9) Operating lease commitments**
|**(9) Operating lease commitments**|**(9) Operating lease commitments**|**(9) Operating lease commitments**|
|---|---|---|
|The total future minimum lease payments due under non-cancellable operating leases relating to a photocopier are:|||
|Due within one year|543||
|Due in 3-5 years|1,902||
|**Total**|**2,445**|**N/A**|
23
## **(10) Missions & Charities**
Following completion of the accounts the PCC agreed that £3,000 be made available for distribution to Missions and Charities which will include the £2,298 raised in the appeal at the end of 2021. Allocations of these funds will be made during the early part of 2022.
## **(11) Related Party Transactions**
During the year the Church paid £1,409 to Mrs.A.E.Green (mother-in-law of a member of the PCC) in respect of her duties as cleaner, which was paid under the PAYE system. In addition the Church Centre paid Professional fees totalling £2,805 to Mrs V.M.Wardell (daughter of a PCC member) for bookkeeping and consultancy work.
## **(12) Allocation of 2021 Administration Costs (2020 figures in brackets)**
**----- Start of picture text -----**
Charitable
Cost Raising Funds How Allocated
Activities
Stationery/Administration
£3,091 (£3,409) £2,941 (£3,159) £150 (£250) Normal usage
Telephone/Internet
£613 (£605) £613 (£605) Normal usage
Clergy
£507 (£439) £507 (£439) Normal usage
Church Centre
Bank Charges
£426 (£460) £426 (£460) Normal usage
Professional fees
Bookkeeping & Consultancy
£2,805 (£2,455) £2,805 (£2,455)
work for Church Centre
Independent Examination
£750 (£750) £750 (£750)
of 2021 & 2020 accounts
£8,192 (£8,118) £8,042 (£7,868) £150 (£250)
Split between Church and Centre as follows:
Church £3,202 (£2,885)
Centre £4,840 (£4,983)
Total £8,042 (£7,868)
**----- End of picture text -----**