All Saints Church
WOKI NGHAM
The Parish Office, The Cornerstone, Norreys Avenue, Wokingham RG40 IUE
Tel: 0118 979 2797 parishoffice@allsaintswokingham.org.uk
Reg. charity no. 1127585
During lockdown we continued to hold services every Sunday,
with a recorded service when we could not use the church.
ANNUAL REPORT
AND ACCOUNTS
2020

Parish of All Saints Wokingham 2020
PAGE 2
CONTENTS
Aim and Purpose....
Objectives and Activities....................-.............
Achievements and Performance.-.... . . . .
Financial Review.-.
Reserves Policy............
The Community Projects fund is earmarked for the spaceforall project............
Funds held as custodian for others.............
Plans for future periods .
Risk Management............................... .
Structure, Governance and Management...
Administrative Information......
Statement of Financial Activities.
.10
Balance Sheet.........................................
.11
Accounting Policies .
Notes to the accounts........... ........
.12
.13

Parish of All Saints Wokingham 2020
PAGE 3
INDEPENDENT EXAMINER'S UNQUALIFIED REPORT
TO THE MEMBERS OF
THE PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CHURCH, WOKINGHAM
Accounts for the year ended 31 December 2020
Charity number 1127585
Respective responsibilities of the P.C.C. and the examiner
The P.C.C. members acting as the charity's trustees are responsible for the preparation of the accounts. The
charity's trustees consider that an audit is not required for the year under section 144 of the Charities Act 2011 (the
Charities Act) and that an independent examination is needed. It is my responsibility:
to examine the accounts under section 145 of the Charities Act
to follow the procedures laid down in the general Directions given by the Charity Commission (under section
145(5)(b) of the Charities Act, and
to state whether particular matters have come to my attention.
Basis of the Independent Examinerfs statement
My examination was carried out in accordance with the general Directions given by the Charity Commission and the
guidance published in PCC Accountability (The Charities Act 2011 and the P.C.C.), 5th edition. An examination
includes a review of the accounting records kept by the charity and a comparison of the accounts presented with
these records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking
explanations from the trustees concerning such matters. The procedures undertaken do not provide all the
evidence that would be required for 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 examinerfs statement
In connection with my examination, no material matter has come to my attention which gives me cause to believe
that in, any material respect:
accounting records were not kept in accordance with section 130 of the Charities Act, or
the accounts do not accord to the accounting records.
I have come across no other matters in connection with the examination to which attention should be drawn in
order to enable a proper understanding of the accounts is reached.
Signed
. J1/ ri
Date
7£1 202/.
The Revd. Alan A. Clements MA ACIB FCIE
Fellow Association of Charity Independent Examiners
Address: 15 Carleton Road, Great Knowsley, Chorley, Lancashire. PR6 8TQ

Parish of All Saints Wokingham 2020
PAGE4
PARISH OF ALL SAINTS, WOKINGHAM
SUMMARY ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31ST DECEMBER 2020
AIM AND PURPOSE
All Saints Wokingham Parochial Church Council (PCC) has the responsibility of co-operating with the Incumbent, The
Reverend Canon David Hodgson, in promoting, in the ecclesiastical parish of Wokingham (All Saints), the whole
mission of the Church, pastoral, evangelistic, social and ecumenical. Its primary aim is the promotion of the gospel
of our Lord Jesus Christ according to the doctrines and practices of the Church of England.
The vision for the church which the PCC has adopted is to be a loving church, accessible to all including children and
youth, which is active in the heart of the community and where all can grow their gifts and faith in God.
OBJECTIVES AND ACTIVITIES
All Saints Wokingham is a very active church with, in usual circumstances, worship six days a week, four different
regular services on Sundays, a significant programme of community involvement through its community centre The
Cornerstone, regular study and discipleship groups, lay-led healing prayer and pastoral care ministries some available
to the wider parish as well as the church congregation, and outreach to local schools and residential care homes. The
church is a registered charity and the PCC has regard to the Charity Commission's guidance on public benefit in The
Advancement of Religionfor the Public Benefit in the activities it plans. The church provides a benefit to the public by:
providing resources and facilities for public worship, pastoral care and spiritual, moral and intellectual
development, both for its members and for anyone who wishes to benefit from what the Church offers;
promoting Christian values, and service by the Church and its members to its community, to the benefit of
individuals and society as a whole.
The PCC also has maintenance responsibilities for key parts of the town's infrastructure- the church building itself, its
four acres of churchyard and The Cornerstone building. It is pleased to be able to keep the church open to visitors
every day, with space for private prayer, and to provide a large worship space for important civic events, such as
Remembrance Sunday.
ACHIEVEMENTS AND PERFORMANCE
The PCC'S broad aim for 2020 was to continue to discern and undertake God's mission in Wokingham, with specific
objectives to:
develop its mission to the new housing areas in Wokingham
further develop the plans for the spaceforall project to turn the church into an active community space
grow its mission of service to the local community and in particular the most vulnerable
provide opportunities for the development of Christian discipleship in the congregation and surrounding
community
offer leadership and support in responding to the climate emergency.
Church Membershi
The number on the Electoral Roll at 31 December 2020 was 264 (2019: 265).
& Attendance
st
The attendance at church services was massively affected by the pandemic. We recorded or live-streamed services
of Parish Communion and the Family Service weekly. These were both very successful, as were the Youth church
meetings on Zoom. The first service we recorded reached over 300 viewers, but as other churches started putting
on streamed services our numbers dropped but seldom to below 100. The chart below shows total attendance, with
the remote viewing and attendance in person combined for the times when we had a service in the church. In
October, the month previously used for comparisons, there was an average of 142 people attending either on line or
in person. In October 2019, 113 people on average attended Parish Communion services.

Parish of All Saints Wokingham 2020
PAGE 5
Attendance at Parish Communion on~line and in church
400
350
300
250
200
150
100
50
March
December
Review of the
ear
The year was dominated by the pandemic, and the need to adapt to the differing and often rapidly changing
requirements, with no element of church life untouched:
Worship: The church building was closed completely to the public by Government order for two months including
Easter and then re-opened daily for private prayer as soon as this was allowed. There were extensive Covid safety
measures put in place, thanks to some very hard work by the clergy and wardens with a team of helpful volunteers.
Sunday worship continued every week, on-line during the ban on communal worship, then in church when allowed
between July and October. There was enough advance notice of the first lockdown to enable the Director of Music
to record hymns and readings which he subsequently mixed with celebrations of communion from clergy homes,
and later from the church to provide a recorded communion on You Tube every week. For people without Internet
access, sermons, prayers and notices were available on a phone line.
Explore youth church was a particular success in Zoom and broadened its age range to include the seniors from
Junior Church. Junior Church was not able to continue in person but family service continued- sometimes on-line
and sometimes in The Cornerstone. A change of time allowed Family Service to cover the Junior Church slot with
parents attending in The Cornerstone and then going through to the Communion service in church.
Funerals, christenings and weddings were held following the rules applicable at whatever time they were held. There
was a significant reduction in the number of all these occasional services.
The first two of our Christmas services (Christingle and the Nativity) were held as planned, but the PCC decided to
restrict all of the others to on-line only as the evidence of the spread of Covid grew in the third week in December.
Morning Prayer remained online by Zoom from March until the end of the year with slightly increased attendance.
Night Prayer on Zoom weekly was added to the service5 schedule early in the lockdown and also continued through
the rest of 2020.

Parish of All Saints Wokingham 2020
PAGE 6
Pastoral care: Keeping in touch with people was at the very top of the priority list for the first lockdown and has
remained that way. A telephone call plan was developed to make sure we kept in touch with those not known to
have internet access. Regular contact was made with the care homes, including occasional visits (to the front door
only of course).
Governance and staff: All meetings, including the Annual Parochial Church meeting, went on-line and at the
beginning of the first lock down most were held much more frequently than usual to ensure as much business as
possible continued with minimum risk.
We welcomed Jane Hodgson as our new Parish Administrator and Amanda Lambourne as Cornerstone Administrator
in August. They have adapted cheerfully with the additional challenges to settling in, working part from home, part
in the office as required by the different Covid restrictions.
In the new communities one of the main events was the distribution of sunflower seeds in the spring, during
Lockdown #l. A few volunteers distributed small packets of seeds across new estates including Montague Park and
Keephatch Gardens, with simple instructions on how to plant and care for them - both an activity for families and
something to brighten up the neighbourhood. It was something that people really appreciated and engaged with:
the results were lovely and quite a few photos were posted on the Facebook page. Meetings and events have been
very limited but the ladies group met for dinner in early 2020 and keep in touch via WhatsApp.
The spaceforall project (www.s
aceforall.or
.uk): Work on this project slowed after the first lockdown for Covid but
we subsequently took a hard look at this and realised that it was essential to move forward as quickly as we could to
create an open and accessible community hub. We were granted a faculty in December and recruited a fund-raising
consultant to help us realise the much cut down Phase l of our building plans.
Our mission to the more vulnerable members of the community was much reduced. There was a real success in
the first two months, when, with a team of volunteers, we ran a Winter Night Shelter for two months from January
2020. We hosted Sunday nights and, in co-operation with six other churches in the town, every night was covered.
This was enthusiastically welcomed by all the visitors. Statutory provision for the homeless was increased as result
of Covid and in any event our early 2020 provision for a shelter would not be considered Covid secure. We hope that
local authority provision for the homeless will continue, but if a shelter is required again there will be some residual
momentum from 2020. The Lunch Club continued to meet enthusiastically for the first ten weeks of the year, but
was forced to close, though contact has continued with its members.
The Cornerstone
As the Covid requirements unfolded we became increasingly aware of the difference between the Cornerstone as a
community venue (the halls and the de Vitre room) which had to close almost all the time and a rented space (the
Wokingham Job Support Centre and counselling rooms) and our own offices which had to stay open. The
requirements for each were very different but all our users were very sympathetic to the new requirements. Judi
Arnold retired as manager in September and Monica Martin retired as bookings secretary in June after 15 years of
excellent support. We held a socially distanced farewell for her (no more than six at a time) outdoors in June.
FINANCIAL REVIEW
We were really blessed by the ongoing financial support from our congregation and others. Regular giving held up
well during the pandemic but our special collections and money on the plate were massively reduced. However
almost all church expenditure is fixed - we have continued to pay our Parish share and give IO% of our previous
year's income to mission charities. To help bridge the gap a Covid appeal was launched at the end of the year which
brought in some useful one-off donations amounting to over £3,000.
The Cornerstone finances were very hard hit by the pandemic. Although we had a very few bookings, the
community use of the downstairs halls has effectively only operated for three months, reducing the income by 75%.

Parish of All Saints Wokingham 2020
PAGE 7
We benefitted from extensive furlough grants for our cleaning and caretaking and office staff, and a discretionary
local authority grant as well as rate relief. Fortunately, the Job Support Centre and the counsellors who use upstairs
rooms were able to make some use of the building were able to function for more months than that.
Expenditure was slightly reduced with less heating needed, some of the time without any paid office staff and a rate
rebate, but overall the operating deficit of £3000, compared with a usual surplus of £15 -20,000 has meant the
contribution we make to the reserves we hold for refurbishment of the building has suffered significantly.
Fortunately, our two tenanted cottages in Wiltshire Road were occupied and rent payments were kept up.
RESERVES POLICY
Our reserves policy is to:
Hold reserves to cover three months operational cost and £25,000- £50,000 to cover cash flow for
maintenance of the church building. Separate reserves will be held to cover five years of maintenance and
refurbishment of the cottages and of The Cornerstone. Major capital projects will be financed through
separate fundraising.
Rebalance our funds annually to keep the reserves close to the agreed range for each fund. The Cornerstone
funds will be used first to rebalance others, with any excess added to a Community Projects Fund, which the
PCC will use for church mission in the community.
Ensure the intended use of any designated funds is clear and hence we have renamed our legacies fund this
year, following the agreement of the PCC to designate this money to the spaceforall project.
Identify projects on which any surplus above overall reserve requirements can be spent to meet the mission
of the church within a five-year time frame.
In relation to our current funds, reserves stand at:
Policy
£20,000
£25,000- 50,000
£70,000- 85,000
£5,000
End of 2020, reserves
£14,259
£34,343
£72,925
£77,600
£10,416
General Fund
Church and Churchyard Maintenance
Cornerstone Funds
Community Projects
Cottages Management and Maintenance
The Community Projects fund is earmarked for the spaceforall project.
£10,000
FUNDS HELD AS CUSTODIAN FOR OTHERS
For the Rector and Church Wardens, the PCC continues to hold funds which are the residue of a legacy from the late
Helen Victoria Hall. These funds are the remaining proceeds in respect of the sale of her former home in Lowther
Road, Wokingham on 18th May 2011. In accordance with the terms of her will these funds are unrestricted and so
may be used by the Rector and Church Wardens for general purposes to the benefit of All Saints Church. Historically
the Rector and Church Wardens have permitted the PCC of All Saints Wokingham to benefit from interest earned and
from any value increase of monies held in the fund without further authority from themselves. This is in addition to
any transfers initiated by themselves to the PCC. There was no spend from this fund this year and the income is gifted
to the PCC, so the value remains as at the of 2019- i.e. the value of the fund as at 31st December 2020 was £52,854.
PLANS FOR FUTURE PERIODS
At the end of 2019 the church held an open meeting to review its strategy, and although the pandemic has changed
our tactics there have been no major changes to our strategy to provide a broad range of worship. now including
streamed and recorded services, and to support this with our pastoral care programme and community outreach.
The following are priorities:
The spaceforall project
Encouraging new disciples and to increase the understanding and practice of good discipleship for all

Parish of All Saints Wokingham 2020
PAGE 8
Offering worship beyond the church walls in local schools and care homes, extending pastoral care in the
local community, staying in contact with people by phone, video email and social media when personal
contact is restricted
Supporting local provision to combat homelessness as part of the Churches Together in Wokingham
initiatives.
Offering leadership on the climate emergency and the need to restore the environment.
RISK MANAGEMENT
The PCC defines risk as the threat of any action or event which will adversely affect our ability to achieve our objectives
or execute our strategies. Risk relates not only to the negative consequences of a threat, but also to the impact of not
taking advantage of opportunities.
The Risk Management Policy is reviewed annually and top risks kept constantly under review. The top risks are (l) lack
of volunteer input and time and (2) the lack of financial income.
The PCC has a practical Health and Safety Policy covering activities for both the church and its surrounding grounds
and The Cornerstone. This is reviewed on a regular basis. An Accident Book is maintained. The PCC is aware of its
responsibilities in respect of the Regulatory Reform (Fire Safety) Order 2005 and has appointed the churchwardens to
be the responsible persons to ensure we meet the requirements.
All Saints has a Safeguarding Policy (see the web site) in place in respect of children and vulnerable adults. Checks
have been and are being made with the Disclosure and Barring Service in respect of persons dealing regularly with
young people and vulnerable adults. Training is an important element of this policy. The Pcc-appointed officers for
this are Mrs Judi Arnold and Mr Tom Lochhead.
The contents and obligations of the Equality Act 2010 are known and complied with to the best of the PCC'S ability.
The PCC agreed a plan to meet the new legislative requirements under the General Data Protection Regulations and
our policy is on our web site.
STRUCTURE GOVERNANCE AND MANAGEMENT
The method of appointment of PCC members is set out in the Church Representation Rules. All church attendees are
encouraged to register on the Electoral Roll and to stand for election to the PCC.
The PCC is responsible for a wide range of matters affecting the parish, including compliance with health & safety
and disability legislation and child protection. In their capacity as trustees, members of the PCC are responsible for
the stewardship of the funds and for appropriate accounting and reporting of the parish finances. The PCC works to
ensure that each member of the council is equipped to fulfil their role. The PCC is responsible for all legal, financial
and policy matters. Responsibility for the church building resides with the churchwardens.
There are also a number of sub-committees and task groups which report to the PCC and are responsible for specific
areas of the church's activities.
Standing Committee
Transacts the business of the PCC between meetings. Sets the agenda for PCC
meetings and distributes relevant information to PCC members
Has oversight of all finance and the associated administration.
Promotes and administers pledged giving and the administration of giving, gift
aid and the finances of the church
Advises the PCC and the Cornerstone management team on community issues
Became the Cornerstone Committee in January 2021, and is responsible for
oversight of The Cornerstone
Responsible for the plans to make our church a lively community space
Finance Committee
Giving Campaign and Finance
Teams
Community Forum
Cornerstone Management Team
spaceforall team

Parish of All Saints Wokingham 2020
PAGE 9
It is considered that all PCC members and any others who could be understood to be managers in the activities and
affairs of All Saints are deemed to be 'fit and proper, persons under the terms of the Finance Act 2010. In-office
training is made available to all PCC members as required.
ADMINISTRATIVE INFORMATION
Status:
The Parish of All Saints Wokingh2m is part of the Deanery of Sonning and of the Diocese
of Oxford.
ondence Address: All Saints, Parish Office, The Cornerstone, Norreys Avenue, Wokingham, RG40 IUE
Corres
Parochial Church Council
Membership of the PCC is divided into two groups, ex-officio (Priests and Deacons licensed to the Parish,
Churchwardens and members of the Deanery Synod) and those elected by the Annual Parochial Church Meeting
(APCM) which was held in October 2020 in accordance with Church Representation Rules. Additionally, members may
be appointed by the PCC during the course of the year to make up numbers if a vacancy occurs. During this year the
following served as members of the PCC. The PCC met eleven times during the year.
Incumbent
The Revd. Canon David Hodgson (Chairman)
Elected members
John Burbury
Michael Freeman
Elizabeth Edge
Geoff Davies (from October 2020)
Jon Helyer
Julie Holmes (until October 2020)
Rachel Knowles
Jason Ndungu
Zara Ross
Stephen Smith (from October 2020)
Hazel Todd
Robert Vacher
Kevin Wernham (until October 2020)
Matthew Woodham
Clergy licensed to the Parish
The Revd. Hannah Higginson
Wardens
Clive Charlton
Geoff Davies (until October 2020)
Alun James (from October 2020)
One warden post is vacant
Deanery Synod
Peter Barrett
John Boylan (from October 2020)
Anne King
Judith Scott (until October 2020)
John Smith (until October 2020)
Stephen Smith (until October 2020)
Co-opted
The Revd. Colin James
Cheryl Field (from October 2020)
Bank:
Inde
endent Examiner:
Le
al Status
HSBC Bank plc, l Market Place, Wokingham, RG40 IAL
The Revd. Alan A. Clements, 15 Carleton Road, Gt Knowsley, Chorley PR6 8TQ
Under the terms of section 3 of the Parochial Church Councils (Powers) Measure 1956 the
Parochial Church Council (PCC) is a body corporate and is registered with the Charity
Commission under number 1127585.
Signed
The Reverend Canon D
Hodgson, Rector
th
Date .........13 April 2021

Parish of All Saints Wokingham 2020
PAGE 10
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2020
Notes
General
Funds
Designated Restricted
Funds
Funds
Endow
ment
Funds
Total
Total
2020
2019
Income and Endowments
[1]
Donations and legacies
Income from charitable activities
171,359
1,020
126,612
298,991
196,478
9,579
25,025
34,604
80,696
Other trading activities
Investments
1,324
1,324
26,507
6,673
1,110
22,691
2,706
28,980
Other income
12
17,089
3,992
21,093
16,411
Total income and endowments
183,384
65.825
133,310
382,519
329,238
Expendlture
Raising funds
Expenditure on charitable activities
Other expenditure
Total expenditure
[2]
898
2,508
8,542
11,948
7,217
191,150
31,323
16,311
141,684
364,157
324,556
15,890
4,100
36,301
34,933
366,706
207,938
50,142
154,326
412,406
Net Income l (Expenditure) before
Transfers & Gains
-24,554
15,683
-21,016
-29,887
-37,468
Gross transfers between funds- in
15,000
7,600
-96,800
76,800
99,400
97,613
Gross transfers between funds - out
-2,600
2,760
-99,400
-97,613
Gains/(losses) on investment assets
[5]
-5,115
-2,355
11,082
Net movement in funds
~9,554
-73,517
55,944
-5.115
-32,242
-26,461
Total funds brought forward as at 1st January
Total funds carried forward at 31 December
23,813
519,760
885,586
32,256
1,461,415
1,487,858
14,259
446,243
941,531
27.141
1,429.173
1,461,397
The accounting policies and notes on pages 12 - 18 form part of these financial statements.

Parish of All Saints Wokingham 2020
PAGE 11
BALANCE SHEET
AS AT 31ST DECEMBER 2020
Notes
2020
2,019
Fixed Assets
Tangible Assets
Investments
[4]
[5]
1,032,792 1,059,436
74,335
76,443
1,107,127 1,135,879
Total Fixed Assets
Current Assets
Debtors and Prepayments& Accrued Income
Cash at bank & in hand
[6]
[7]
21,390
5,327
379,254
401,840
407,167
Total current assets
400,644
Liabilities
Creditors: Amounts falling due after less than one year
Liabilities & charges due within one year
[8]
[8]
15,680
61,298
8,417
64,282
Net current assets
323,666
334,468
Total assets less current liabilities
1,430,793 1,470,347
Creditors: amounts falling due after more than one year
[8]
[8]
7,314
Provision for liabilities after one year
1,620
1,620
Net Assets
1,429,173 1,461,413
Represented by:
Endowment funds
[10]
[10]
[10]
[10]
27,141
32,256
Restricted income funds
941,531
885,586
Designated funds
Unrestricted funds
446,242
519,760
14,259
23,813
Total funds of the charity
1,429,173 1,461,415
th
On 13 April 2021 the Parochial Church Council adopted thes
ccounts" they
ere signed on its behalf by:
Chair of the Meeting
Church Warden

Parish of All Saints Wokingham 2020
PAGE 12
ACCOUNTING POLICIES
The financial statements have been
prepared in accordance with the Church
Accounting Regulations 2006 together with
applicable accounting standards and the
Charities SORP 2015.
Income due to other parties
Most income due to other parties is
immediately recorded as a liability and is not
recorded as the PCC'S income. Examples are
expenses from funeral directors that are
intended for clergy, and * clergy fees for
weddings (these are remitted directly to the
diocese). However charitable income on
which the PCC claims gift-aid benefits is now
recorded as income (and subsequent
expense) to comply with HMRC rules.
Wiltshire Road propertie5
The buildings at l & 3 Wiltshire Road are
investment properties. These are included
in the balance sheet at their last estimated
market value. No depreciation is provided
on these properties.
The financial statements have been
prepared under the historical cost
convention except for the valuation of
investment assets, which are shown at
market value.
The Cornerstone property
The Cornerstone building was capitalised
with effect from 1st January 2006 at a value
equal to its total building cost. It is being
written down over 50 years on a straight line
basis. The land it occupies was already
owned by the PCC, and is excluded from the
capitalised value.
FUNDS
General funds represent the funds of the
PCC that are not subject to any restriction
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.
Income from investments
Dividends and interest are accounted for
when receivable.
Gains and losses on investments
Realised gains or losses are recognised when
investments are sold. Unrealised gains or
losses are accounted for on the revaluation
of investments at 31st December.
Furniture and fittlngs
Furniture, fittings used within the
Cornerstone and other church premises are
depreciated over a straight-line basis over
10 years. Most relevant items acquired for
the Cornerstone were capitalised en masse
as at 1st January 2005 and are now fully
depreciated. The solar panels on the
Cornerstone were acquired in 2012 and
have been capitalised at 50% of their invoice
cost, thereby assuming that the other 50%
was for installation.
Restricted funds are those funds that must
be spent for a particular purpose as
specified by the donor.
RESOURCES USED
By policy, the PCC must approve the transfer
of money between designated Funds.
Grants
Grants and donations are accounted for
when paid over, or when awarded, if that
award creates a binding obligation on the
pcc.
Endowment funds are funds given in
perpetuity, the income from which may be
used only for the specified purpose. The
capital may not be spent. These funds must
be held for us by the Diocesan Trustees
(Oxford) Ltd.
Office equipment
Individual items of equipment with a
purchase price of £750 or more are written
down over three years; those of lesser value
are written off when the asset is acquired.
Artivities directly relating to the work of
the Church
The diocesan parish share is accounted for
when due. Any unpaid parish share at 31st
December is provided for in these financial
statements as an operational (though not a
legal) liability and is shown as a creditor in
the balance sheet.
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.
OTHER ASSETS
Investments
Investments are valued at market value at
31st December. As there is effectively no
market in shares of Traidcraft PLC, they are
held in the books at cost value.
FIXED ASSETS
Consecrated property and moveable church
furnishings
Consecrated and beneficed property of any
kind is excluded from the financial
statements by Section 10.2 of the Charities
Act 2011.
INCOMING RESOURCES
Voluntary income and capital sources
Collections and donations are recognised
when received by or on behalf of the PCC.
Planned giving receivable under pledge is
recognised only when received. The church
reclaims tax on gift-aided donations and this
represents a substantial element of the
church's income. Gift-aid unclaimed at the
year-end is estimated and accrued.
Current assets
Amounts owing to the PCC at
31st December in respect of fees, rents or
other income are shown as debtors less
provision for amounts that may prove
uncollectible. Amounts owed by the PCC at
31st December are shown as creditors.
Moveable church furnishings held by the
Rector and churchwardens on special trust
for the PCC and which require a faculty for
disposal are accounted for as inalienable
property unless consecrated. They are listed
in the Church's inventory, which can be
inspected (at any reasonable time). For
inalienable property acquired prior to 1996
there is insufficient cost information
available and therefore such assets are not
valued in the financial statements.
Short-term deposits include cash held on
deposit either with the HSBC bank or with
other institutions where minimal notice is
required.
Grants and legacies to the PCC are
accounted for as soon as the PCC is notified
of its legal entitlement, the amount due is
quantifiable, and its ultimate receipt by the
PCC is reasonably certain.
Stocks on Hand
Stocks of items for sale are valued at their
shared production cost provided thelr
eventual sale is deemed likely.
Other income
Income from the letting or hire of church
premises is recognised when the amounts
are due.
All expenditure in the year on consecrated
or beneficed buildings and moveable church
furnishing, whether maintenance or
improvement, is written off as incurred.

Parish of All Saints Wokingham 2020
PAGE 13
NOTES TO THE ACCOUNTS
NOTE I. INCOME
General Designated Restricted
Funds
Funds
Funds
Endow
ment
Funds
Total
2020
Total
2019
Income from donations and legacies
Pledged giving
Unpledged giving
Sundry donations
Special appeals
Gift-aid income
112,505
2,258
114,763
122,587
19,770
29
19,799
22,662
7,801
700
8,501
14,430
103,357
103,357
52,571
403
31,283
320
20,968
36,396
Total
171,359
1,020
126,612
298,991
196,478
Income from charitable activities
Fee income
6,151
6,151
8,086
Bellringer, choir, organist, flower & verger fees
Magazine subs & casual purchases
Magazine advertising
Hire of church & Cornerstone
1,587
857
2,444
1,849
394
394
1,025
1,366
1,366
2,293
22,678
22,678
64,166
Sundry operating-activity income
81
81
1,158
Miscellaneous income by related organisations
1490
1,490
2,119
Total
9,579
25.025
34,604
80,696
Other trading activities
Trading- musical events
Trading- non-music activities
Total
700
700
4,040
624
624
2,633
1,324
1,324
6,673
Investments
Income from investments
1,110
514
2,706
4,330
5,602
Rent from cottages
Total
22,177
22,177
23,378
1,110
22,691
2,706
26,507
28,980
Other income
Grants received
15,885
3,992
19,877
14,992
Sundry income
Total
12
1,204
1,216
1419
12
17,089
3,992
21,093
16,411
Total income
183,384
65,825
133,310
382,519
329,238

Parish of All Saints Wokingham 2020
PAGE 14
NOTE 2. EXPENDITURE
General Designated Restricted
Funds
Funds
Funds
Endow
ment Funds
Total
2020
Total
2019
Raising funds
Cottages expenditure
Cost of trade- general
Costs of hiring church out
Costs of musical events- other
2,227
2,227
2,136
684
684
2,183
42
42
122
281
403
546
Stewardship committee costs
Other fundraising costs
Total
49
49
264
8,542
8,543
2,088
898
2,508
8,542
11,948
7,217
Expenditure on charitable artivities
Accounting costs
Church insurance
6,091
6,091
5,174
5,434
5,174
5,062
Church large scale maintenance
Church small scale maintenance
114,193
114,193
394
36,396
150
244
1,306
Church utility and cleaning costs
Churchyard costs
Clergy expenses & training
Congregational events
Cornerstone operating costs
Cornerstone set-up & depreciation
Magazine costs
Mission grants- PCC annual plan
Mission grants- outside PCC annual plan
Mission grants- Soulscape part of plan
Outreach-junior church, young people
Outreach - youth worker
Outreach - other outreach
5,509
5,509
7,533
114
1,524
1,638
4,241
1,673
1,673
2,762
412
190
119
309
26,764
26,764
40,696
24,319
26,643
26,643
200
200
750
15,300
15,300
11,792
287
287
1,217
3,000
3,000
853
2,000
1,797
13,303
210
643
161
Parish share
125,132
727
125,132
130,235
Synod & CTW fees
Worship- choir costs
Worship - Director of Music & visiting organists
Worship - general worship (incl. flowers)
Worship- wedding & funeral organists & vergers
Sundry expenditure
Miscellaneous expenditure by related orgs
Total
727
495
107
107
158
24,246
24,246
3,493
23,614
5,616
2,953
454
86
476
132
608
1,179
10
1,959
1,806
1,806
2,119
324,556
191,150
31,323
141,684
364,157
Other expenditure
Office C'stone admin staff cost
13,157
2,698
13,678
2,473
26,835
28,463
6,224
Office & C'stone other admin
4,100
9,271
Subscriptions
Total
35
160
195
246
15,890
16,311
4,100
36.301
34,933
Total expenditure
207,938
50,142
154,326
412,406
366.706

Parish of All Saints Wokingham 2020
PAGE 15
NOTE 3. STAFF COSTS
2020
£56,707
£2,102
-£2,102
2019
£59,894
£2,727
-£2,727
Gross wages and salaries
Employer's Nl due
Employerfs Nl refund
Number equivalent of full-time employees at year~end
Number of employees with emoluments between £10,000 and
£60,000
The Rector and other clergy, who are on PCC ex officio, received reimbursement of £1,673 for their general travel
(much reduced in 2020 because of the pandemic) postal, telephone and stationery expenses and various contributions
to their book acquisition expenses (figures include accruals). The Treasurers and Churchwardens were reimbursed
postal and similar expenses incurred for the purposes of PCC activities. Some members of the PCC are also members
of the choir and bell-ringers, and some act as vergers for weddings, funerals and church-hires; they receive a small
remuneratlon for these duties.
There were no other disclosable transactions in respect of PCC members, persons closely connected with them or
other related parties.
NOTE 4. TANGIBLE FIXED ASSETS
Investment
properties
Freehold
land &
buildings
Fumishings Computer &
& fittings
similar kit
Total
ACTUAL I DEEMED COSTI
As at1st Jan 2020
240,000
1,117,640
56,971
9,891
1,424,502
VALUATION
Additions
Disposals
As at 31 st Dec 2020
240,000
1,117,640
56,971
9,891
1,424,502
DEPRECIATION
As at1st Jan 2020
332,736
22,426
22,439
4,218
9,891
365,066
26,644
Charge for the year
Depr'n on disposals
As at 31 st Dec 2020
355,162
26,657
9,891
391,710
NET BOOK VALUE
As at1st Jan 2020
As at 31 st Dec 2020
240,000
240,000
784,904
762,478
34,532
30,314
1,059,436
1,032,792
The PCC owns the buildings at l and 3 Wiltshire Road. The properties were estimated, in 2002, at a joint value of
£240,000.
The Cornerstone and most of its furnishings and fittings were capitalised in the church's books as at 1st January
2005. The building is being written down over 50 years; the original furnishings and fittings have now been fully
depreciated, but the new kitchen and office furniture installed in 2019 are now included in the assets register
The solar panels on the Cornerstone were acquired in 2012 and have been capitalised at 50% of their invoice cost,
assuming that the other 50% was for installation.

Parish of All Saints Wokingham 2020
PAGE 16
NOTE 5. INVESTMENT ASSETS FOR USE BY THE PCC
Market I book value at 31 st Dec 2019
76,444
2,108
Gain/(loss) on annual revaluation
Purchases and disposals
Value at 31 st Dec 2020
74,336
NOTE 6. DEBTORS / ACCRUED INCOME / PREPAYMENTS
2020(£)
20,956
-648
2019 (£)
5,042
Tax recoverable on gift-aid receipts
Debtors
Other prepayments
Total
1,082
21,390
285
5,327
NOTE 7. SHORTTERM INVESTMENTS AND CASH AT BANK
2020(£)
2019(£)
HSBC Current Account
56,236
3,439
55,647
120
31,561
23,914
51
HSBC Youth worker Account
HSBC spaceforall account
Petty Cash
CBF deposit PCC General
CBF deposit Cottages Deposit
Cornerstone Day-to-Day Bank Account
Cornerstone COIF Deposit Acct
Related Organisations, bank+cash
Triodos Bank
120
22,761
7,344
27,356
125,070
6,573
74,708
22,664
7,314
33,341
124,562
6,845
73,839
77,629
Secure Trust
Total
379,254
401,840
NOTE 8. CREDITORS/ ACCRUED EXPENDITURE/DEFERRED INCOME
2020(£)
2019 (£)
15,680
8,417
52,854
52,854
5,200
5,719
3,244
5,709
76,978
72,699
Due within one year
Creditors
Loans payable
Deferred income
Accrued liabilities
Total
Due after more than one
year
Creditors
7,314
Liabilities
1,620
1,620
1,620
8,934
Total
The Loans Payable element above records an interest-free loan made to the PCC by the Rector & Churchwardens.
Creditors includes £7344 in respect of a creditor in respect of a deposit taken on rental of the church properties.
This will be due in 2021 so has now moved from "More than one yearf, to'within one yearf,.

Parish of All Saints Wokingham 2020
PAGE 17
NOTE 9. TRANSFERS
The following major transfers have been made:
£15,000 into the General Fund to bring it closer to its reserves level
£20,000 from the Cottages Fund distributed £5,000 into Church Maintenance and £15,000 into the General
Fund
£76,800 from the Legacies Fund into the spaceforall Fund to pay for the detailed design work which is
essential before one can apply for grants, and as agreed by the PVC in July 2019
NOTE 10. ANALYSIS OF NEf ASSETS BY FUND
Unrestricted
General (£) Designated (£)
Restricted (£) Endowment (£)
Total (£)
Tangible Assets
Investments
240,000
9,502
204,210
7,470
792,792
37,066
176,633
64,960
1,032,792
74,335
400,644
78,598
626
27,141
Current Assets
19,801
6,168
Liabilities
Internal Debts
Total
14,259
446,242
941,531
27,141
1,429,173
NOTE 11. FINANCIAL COMMITMENTS
The Parochial Church Council had, at the end of December 2020, neither approved nor contracted for any capital
expenditure nor any significant repairs expenditure. It is however working on plans for significant building works in
the church (known as "spaceforall") for which grants will be sought and funds raised from a range of sources.
Contract work is not expected to start until 2021 and only once adequate sources of funds have been secured.
Commitments to date are restricted to professional and other fees and investigations for which there are more than
adequate funds in the legacy reserve.
NOTE 12. OTHER STATISTICS
Grants received from local authorities and Commonwealth Graves Commission towards
maintenance of burial grounds
Grants received/income raised by special appeal towards the costs of new buildings/extensions
Cost of fundraising activities (including those for the spaceforall project)
£ 1,992
£121,604
£8,592

Parish of All Saints Wokingham 2020
PAGE 18
NOTE 13. ANALYSIS OF FUNDS
Asat
31.12.19
Gains or
losses
Asat
31.12.20
Income
Expenditure
Transfers
General Funds
23,813
183,384
-207,938
15,000
14,259
Designated Funds
*Church Maintenance
31,119
15,875
-1,776
-42,916
5,000
34,343
13,195
Cornerstone Day-To-Day
Cornerstone Maintenance
40,236
11,060
11,060
48,670
Cornerstone Refurbishment
48,670
75,000
'Community projects
Cottages Mgt & Maintenance
Legacies
Properties (cottages)
Solar Energy Community Fund
Bell Ringers, Total Des. Funds
Choir's Total Funds
2,600
-20,000
77,600
10,466
22,177
-2227
10,416
76,554
246
-76,800
240,000
240,000
3,777
3,777
3,551
1,847
-1,562
3,836
101
-101
Fellowship's Total Funds
Flower Guild's Total Funds
589
183
-772
2,998
1,135
-788
3,345
Total Designated
519,760
65,824
-50,142
-89,200
446,242
Total Unrestricted Funds
543,573
249,208
-258,080
-74,200
460,501
Restricted Funds
All Saints School Fund
536
625
-539
622
spaceforall
Celebrating Community
Flexible and Tower
Churchyard
Esme Few Music Fund
5,067
121,851
-121,990
76,800
81,728
4,658
3,845
-4845
-2,600
1,058
5,096
1,992
7,088
117
117
Graves Fund
17,700
922
2,122
20,744
Harvest Floral Gifts
54
54
Heating Fund
May Harwood Acc. Income
All Saints Music Fund
3,665
3,665
8,366
1,259
9,625
3,416
3,416
Music Equipment Fund
Organ Fund
Properties (Cornerstone)
Fixtures and Fittings
Sunday School
Youth Worker
1,768
1,768
1,564
1,564
784,904
-22,425
762,479
34,532
4,217
30,315
14,546
277
-190
638
15,271
1,181
2,852
4,033
Night Shelter
Total restricted
Third party/ agency/other
folks
615
-119
496
887,785
133,623
-154,325
2,760
74,200
944,043
-2,199
-313
-2,512
Endowment Funds
DTOL May Harwood
32,256
-5115
27,141
Total Funds
1,461,415
412,405
"These funds are available for use for our spaceforall refurbishment project for work on the building and in the churchyard
382.518
-2,355
1,429,173