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THE PAROCHIAL CHURCH COUNCIL of ST. PAULINUS CHURCH, CRAYFORD
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 December 2021
Incumbent The Revd Paul Prentice The Rectory, Claremont Crescent Crayford, KENT DA1 4RJ
Bank: Barclays Bank plc Branch 20-06-72 AC 80775193
Charity Commission Reference Number: 1127824 Website: www.stpaulinus.co.uk Twitter: @stpaulinuscofe
To make kaown the lave Godand tee Son Jesas Christ iin the commanity.
Independent Examiner: SADLER DAVIES & CO Chartered Accountants 3 Enterprise House & Essex Road Dartford Kent DA1 2AU
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—————E—E————————— St Paulinus Church Office, 8a Iron Mill Lane, Crayford Kent DA1 4RW Telephone & fax: 01322 557532 E-mail: churchadmin@stpaulinus.co.uk Website: http://www.stpaulinus.co.uk INDEX Page 1 to 4. Annual Report for 2021 Page 5. Statement of Financial Activities for the Year ended 31 December 2021 Page 6. Balance Sheet at 31 December 2021 Pages 7 to 11. Notes to the financial statements Page 12. Independent Examiner's Report
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ST PAULINUS CHURCH, CRAYFORD - ANNUAL REPORT FOR 2021
THE PAROCHIAL CHURCH COUNCIL (PCC)
Administrative Information
St. Paulinus Church is located in the small town of Crayford in the London Borough of Bexley in the Diocese of Rochester. The
correspondence address is St Paulinus Church Office, 8a Iron Mill Lane, Crayford, Kent, DA1 4RW.
Objectives
St Paulinus Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent, the Revd Paul Prentice in
promoting in the parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical, the provision of church
services, baptisms, funerals, weddings, youth and children’s work and teaching adults through weekly home groups and confirmation.
It also has maintenance responsibilities for the church building, the curate’s house, the church halls and the investment property.
Crayford Parochial Church Council 2021
The PCC is a charity which became registered with the Charities Commission in February 2009. The function and purpose of the PCC
is outlined in the Parochial Church Council's (Powers) Measure 1956. 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 stand for election to the
PCC.
During the year the following people served as members of the PCC.
Ex Officio Members
The Revd Paul Prentice (Rector and Chairperson), The Revd Amanda Spence (Curate), Richard Demuth (Lay Minister [/]
Vice Chairperson), Aeron Preston (Director of Music) (appointed 06.06.2021), Kelly Tharby (Church Administrator), Lisa
Kirby (Assistant Administrator) Michael Onafuwa (Church Warden) and David Day (Church Warden).
Elected in 2021 (until APCM 2024)
Ruth Lambourn, Labi Agbaje, Paul Cratchley, David Berry and Peter Walsh.
Elected in 2020 (until APCM 2023)
Jean Jones, Andrew Sinclair, Hazel Lawson & Merrick Elliott and 1 vacancy.
Elected in 2020 (until APCM 2022)
Stuart Spence elected for 2 years.
Elected in 2019 (until APCM 2022)
Dean Humphreys and 1 vacancy.
Deanery Synod (elected in 2020 until APCM 2023)
Roger Laing and Karen Carter.
Elected by the PCC
Jo Nauman (Hon Treasurer - resigned 24.04.2022), Stuart Spence (Hon Treasurer - appointed 24.04.2022), Simon Sukonik
(secretary).
Committees. The PCC operates through a number of committees, which meet between full meetings of the PCC. Each PCC
member is required to sit on a committee, and each committee must have at least one PCC member, but the chairperson of the
committee does not have to be a member of the PCC.
Standing Committee:
This is the only committee required by law. It has power to transact the business of the PCC between its meetings, subjectto any directions
given by the Council and its members are made up entirely from the PCC.
Church Fabric Committee:
It attends to matters relating to the stewardship of plant, such as the church buildings and fabric.
Halls Committee:
It makes decisions involving the management of the two church halls in Manor Road.
Communications Committee:
Responsible for the church website, church notice boards, and posters advertising services, the book of the church's history and the welcome
pack in church and supports the church magazine editors.
Social Committee:
Provides refreshments after special services or when the occasion arises. It arranges social events with a view to raising funds at the request
of the PCC.
Outreach and Mission Committee:
It looks at areas in church life that can be improved and develops new ideas that would makea difference.
' Away Giving Committee:
Organises charitable and away giving on behalfof the parish and promotes suitable donors.
RRA ER I
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ST PAULINUS CHURCH, CRAYFORD - ANNUAL REPORT FOR 2021 2 Achievements and Performance Review of the year The PCC met 2 times during the year with an average level attendance of 68%. In 2021, 9 people were confirmed at St Paulinus, 8 adults and one child (2020: none due to Covid-19) and The “Let's Do Eucharist” (1% Communion) was cancelled due to Covid-19 (2020: was cancelled due to Covid-19). During the year there were 24 baptisms (2020: 3 baptisms), 3 weddings (2020: 1) and 28 funerals that took place in church (2020: 27) while 45 funerals were conducted at the crematorium (2020: 23).
Following guidance from the Bishop, the PCC took the decision to remain opening during the second lockdown as the choice was handed to the incumbent. This proved to be a wise move as the congregation slowly returned and we were blessed with new members joining our congregation. Additionally, as a Church community we were once again able to meet socially and the Church enjoyed functions both at Church and in the Rectory Garden,
A highlight of the year had to be Christmas, as families were able to meet up again over the Christmas period, and services for Advent and Christmas resumed. We were once again blessed to see healthy attendance at our carol services, midnight mass and Christmas morning.
Covid-19 continues to have an impact upon the Church, but we faced the challenges at St Paulinus during the year by implementing stringent procedures and policies, to keep the congregation safe, it allowed the continuation of worship within the Church to the best of our ability.
Donations for general purposes was just over £43,000 and had dropped on last year by around £2,500. On average, over the year, 48 (2020:52) people gave by standing order directly into the bank account. The claim for gift aid for Quarter 4 is outstanding at year-end but it is expected that around £2,100. The total received in respect of 2021 as a tax reclaim for donations given under gift aid either by the orange or yellow envelope, is £7,600, a decrease of £1,400 and 15.5% less than last year (2020: £9,000). St Paulinus received 1 legacy bequest from the Estate of Irene Holloway (2020: no legacy bequests).
The funeral fees provided 23% (2020: 20%) of unrestricted incoming resources amounting to £36,291 (2020: £30,375). The only burials allowed in the ‘old’ churchyard are in reserved spaces and re-opened graves. The ‘old’ churchyard is the responsibility of the PCC. The Crayford Living Churchyard is a charity run by volunteers to keep this churchyard maintained and tidy, but also to allow the wild flora and fauna within to flourish, in conjunction with the council, and with advice from the Kent Countryside Project. A management plan is in place, which means that the grass is left to grow in the summer so that the seeds of the wild flowers can disperse.
Halls: In normal times the halls are used regularly and there are not many empty slots during the day or evenings. The income from the halls was severely affected due to the Covid-19 pandemic in 2020 but has recovered in 2021. The income from all Hall users is £30,776 (2020: £20,100).
Church: The Quinquennial Inspection Report took place in September 2021. The PCC has yet to receive the Report. The PCC has identified various aspects of the churches fabric that need to be addressed. The Church interior needs redecoration and the roof interior needs an inspection with a view to restoration. The Porch has been also identified as needing restoration. Last year WIFI was installed in the Church to help further our mission and outreach and for the installation of a “tap and go” payment system. The Friends of St Paulinus contributed to this (£1,745) and they have continued to maintain the tower clock for many years. Furthermore, a stained-glass window was damaged and was repaired by insurance.
The Curate’s House was completely redecorated throughout in 2019. A new kitchen and bathroom were installed along with carpets and new flooring. Rev Amanda Spence, our Curate, moved into the Curates house with her husband Stuart in December 2019. Rev Amanda will be with St Paulinus for the duration of 3 years.
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ST PAULINUS CHURCH, CRAYFORD - ANNUAL REPORT FOR 2021
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Investment property. In 2014 the PCC raised capital by selling the house in Barnehurst Road and some of the money was used to upgrade the heating and to renew outdated lighting in the halls as well as to renew the church PA system. The excess was used to purchase a 2-bedroom property in Woodfall Drive, which the PCC considered a sound capital investment and a vital source of income for the maintenance of the ministry.
Church attendance
In 2021 there were 156 people on the Church Electoral Roll (31.10.2020), the average annual normal Sunday attendance in 2021 was 60 adults (2020: 38) and 10 children under the age of 16 (2020: 06). There were 3 Christmas Eve services this year, Carols by Candlelight, The Nativity Service & Midnight Mass (2020: 2, Christmas & Midnight Mass). 1 Service was held on Christmas Day (2020: 1). In 2021, the Christmas Attendance was 320 (2020: 224) and the Easter services was 175 (2020: none cancelled).
Risks policy
The standing committee have identified the major risks, which impact the work of the Church in the parish. A fire risk assessment was undertaken in 2014, a new inspection is planned for 2022. There Is a child protection policy in place and the Parish Disclosure Officer is Mrs Kelly Tharby who continues to put into place the Data Barring Service vetting procedures for the church volunteers. Like all Church of England churches, safeguarding and safer recruitment are paramount. The PCC are committed to ensuring that our church and hall are safe places for all who use them, For more detailed information and guidance see the Parish Safeguarding Handbook. https://www.rochester.anglican.org and click on safeguarding. Produced by the National Safeguarding Team, it is a comprehensive guide, summarising the key areas a parish need to address with regards to safeguarding. Additionally, the PCC have signed up to promoting a safer Church, and details of our safeguarding officer, and incumbent, are available within the Church on our “safer Churches” poster. Additionally, the Church is compliant on GDPR Legislation, details of which can be found on the churches website
Financial review
The net surplus was £18,473 (2020: deficit £27,796) as a result of total incoming resources of £158,191 (2020: £150,465), total outgoing resources of £139,718 (2020: £178,262).
Incoming resources included total voluntary giving of £55,518 (2020: £53,518) (which includes income tax recoverable on Gift Aid donations), church hall income of £30,776 (2020: £20,100) and total funeral and wedding fees of £38,437 (2020: £31,145). There was no grant applied for in 2021 from the Heritage Lottery Fund (2020: £None) for the church fabric project. Rental income from 92 Woodfall Drive amounted to £14,105 (2020: £13,020). The Friends of St Paulinus Church paid to the PCC £1,745 in 2022 for the 2021 WiFi installation project (2020: £7,820).
£74,220, (2020: £100,257) was spent to provide the Christian ministry from St Paulinus Church which included the contribution to the Diocesan parish offer of £23,941 (2020: £52,020), which includes the clergy stipends. Church maintenance and running expenses amounted to £23,000 (2020: £29,572). Church hall running costs were £25,632 (2020: £21,604).
At the end of the year the PCC bank account had a credit balance of £10,082 (2020: £5,108) and there wasa total of £40,915 (2020: £40,820) deposited with the Rochester Diocese Loan Fund.
Volunteer help.
The church has many volunteers without whom the church would not be able to carry on with the ministry. Amongst these are the 2 Readers, 2 licenced lay ministers, and 1 Pastoral Assistant, Additionally, the Church has a team of servers and stewards, 2 Churchwardens and one deputy, Sunday School leaders and helpers, the choir and band, the Treasurer, Secretary and the PCC, the Stewardship secretary and Gift Aid administrator, the Parish magazine editor, home group leaders, and members of the various committees to name but a few. The church is blessed with many unsung heroes who carry out their tasks for the good of the Church community.
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ST PAULINUS CHURCH, CRAYFORD - ANNUAL REPORT FOR 2021
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Reserves policy
lt is PCC policy to maintain unrestricted funds, which are the free reserves of the PCC, at a level, which equates to approximately three months unrestricted expenditure (£40,000) to cover emergency situations that may arise from time to time
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Signed
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Chair: Revd Paul Prentice Church Warden: David Day
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PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| 2 | 2 | 2 | 2 | 2 | 2 | 2 |
|---|---|---|---|---|---|---|
| Prior year | ||||||
| Note | Unrestricted funds £ |
Restricted income fun s £ |
Endowment funds £ |
Totalfunds 2021 £ |
funds 2029 £ |
|
| Incoming Resources (Note 3) | ||||||
| Donations& Legacies | 3.1 | 61,821.47 | 1,683.25 | : | 63,504.72 | 81,883.30 |
| Charitable Activities: | 3.2 | 71,176.88 | - | : | 71,176.88 | $1,486.91 |
| Other Trading Activities | 33 | 7,751.72 | - | - | 7,751.72 | 1,532.48 |
| Income from Investments | 34 | 14,591.44 | - | 1,166.50 | 15,757.94 | 15,562.61 |
| Total | 155,341.51 ——aaes |
1,683.25 a |
1,166.50 ee |
158,191.26 Se |
150,465.30 | |
| Resources Expended (Note 4) | ||||||
| Raising Funds | 44 | 4,254.03 | - | - | 4,254.03 | 2,701.28 |
| Charitable Acitivities | 42 | 132,238.42 | 1,683.63 | - | 133,922.05 | 173,951.19 |
| Other | 43 | 1,541.88 | - | : | 1,541.88 | 1,609.18 |
| Total | 138,034.33 pa |
1,683.63 | - | 139,717.96 | 178,261.65 ee |
|
| Net income/(expenditure) before | ||||||
| investment gains/(losses) | 17,307.18 | (0.38) | 1,166.50 | 18,473.30 | (27,796.35) | |
| Net gains/(losses) oninvestments | 11,000.00 | - | 5,753.16 | 16,753.16 | 17,587.63 | |
| Net income/(expenditure) | 28,307.18 | (0.38) | 6,919.66 | 35,226.46 | (10,208.72) | |
| Transfers between funds | - | - | - | - | - | |
| Netmovement in funds | 28,307.18 | (0.38) | 6,919.66 | 35,226.46 | (10,208.72) | |
| Reconciliation of funds: | ||||||
| Total funds broughtforward | 516,387.00 | 940,217.76 | 54,200.26 | 1,510,805.02 | 1,521,013.74 | |
| Totalfunds carriedforward | £544.694.18 ee” |
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£61,119.92 EE |
£1,546,031.48 —SOSO |
£1,510,805.02 eee |
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PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD BALANCE SHEET AS AT 31 DECEMBER 2021
SS
| Note | Unrestricted funds |
Restricted incomefunds |
Endowment funds |
Total fund 2021 |
Prioryearfunds 2020 |
||
|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |||
| Fixed Assets | |||||||
| TangibleAssets | 6 | 10,974.68 | 920,000.00 | - | 930,974 68 | 933,726 68 | |
| Investments & LongTerm Deposits | 7 | 489,767 43 | - | 45,969 73 | 535,737.16 | 509,425 11 | |
| Total fixedassets | 500,742.11 | 920,000 00 | 45,969.73 | 1,466,711.64 | 1,443,151.79 | ||
| Current Assets | |||||||
| Debtors | 81 | 8,492.42 | - | : | 8,492.42 | 7,85939 | |
| Shortterm deposits | 82 | 25,997.90 | 14,917.38 | - | 40,915.28 | 40,820.35 | |
| Cashatbankand | inhand | 83 | 14,999 29 | 5,300.00 | 15,150.19 | 35,449 48 | 22,070.99 |
| Totalcurrentassets | 49,48961 | 20,217.38 | 15,150.19 | 84,857.18 | 70,750.73 | ||
| Creditors:amounts | failing due withinone | ||||||
| year | 9 | (5,537.54) | - | - | (5,537.54) | (3,097.50) | |
| Netcurrent assets/(liabilities) | 43,952.07 | 20,217.38 | 15,150.19 | 79,319 64 | 67,653.23 | ||
| Totalassetsless currentliabilities | 544,694.18 | 940,217.38 | 61,119.92 | 1,546,031.48 | 1,510,805.02 | ||
| Creditors: amounts falling due afterone | |||||||
| year | - | - | - | - | 0.00 | ||
| Totalnetassets orliabilities | £544,694.18 | £940,217.38 | £61,119.92 | £1,546,031 48 | £1,510,805.02 | ||
| Funds ofthe Charity | |||||||
| Endowmentfunds | 10 | - | - | 61,119.92 | 61,119.92 | 54,20026 | |
| Restricted income | funds | 10 | - | 940,217.38 | - | 940,217.38 | 940,217.76 |
| Unrestricted funds | 10 | 544,694 18 | - | . | 544,694.18 | 516,387.00 | |
| £544,69418 | £940,217.38 | £61,119.92 | £1,546,031.48 | £1,510,805.02 |
The notes on pages6 to 11 form part of these financial statements.
Signed on behalf of all the trustees
Dn~— = ee Chair: Revd Paul Prentice Church warden: David Day Date of approval: pine Aer\ IOF2..
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PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
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Note 1. Basis of preparation
1.1 Basis of accounting.
These financial statements have been prepared under the historical cost convention; with items recognised
at cost or transaction value unless otherwise stated in the relevant notes to these accounts
The accounts have been prepared in accordance with the Statement of Recommended Practice:
Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16” July 2014 (as arnended
2015) and with the Charities Act 2011.
The financial statements include all transactions, assets and liabilities for which the PCC is responsible in
law. They do not include the accounts of church groups that owe their main affiliation to another body nor
those that are informal gatherings of church members.
The charity constitutes a public benefit entity as defined by FRS102 SORP and the Charities
Commission as a charity for the advancement of religion. The church is committed to enabling people to
develop their relationship with God and live out their faith in the community through teaching, prayer and
worship.
1.2 Going Concern
The PCC consider the church to be a going concern, with income from donations,; the halls and the
investment property. Any shortfall would be addressed with fundraising and appeals to the church
members if the church reserves were insufficient. At present the reserves are adequate.
Note 2. Accounting Policies
2.1 Income
Recognition of income.
These are included in the Statement of Financial Activities (SoFA) when:
e the church becomes entitled to the resources;
e itis more likely than not that the trustees will receive the resources; and
¢ the monetary value can be measured with sufficient reliability.
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Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP.
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Grants and donations
Grants and donations are only included in the SoFA when the general income recognition criteria are met.
(5.10 to 5.12 FRS 102 SORP)
Legacies
Legacies are included in the SoFA when receipt is probable, that is, when there has been grant of probate,
the executors have established that there are sufficient assets in the estate and any conditions attached to
the legacy are either within the control of the charity or have been met.
Tax reclaims on donations and gifts
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid
amount recovered on a donation is considered to be part of that gift and is treated as an addition to the
same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
Donated goods
Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.
Volunteer help
The value of any voluntary help received is not included in the accounts but is described in the trustees’
annual report.
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PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020 8
i
2.1 Income continued.
Income from interest and dividends
This is included in the accounts when receipt is probable and the amount receivable can be measured
reliably.
InsuranceSettlementclaimsof insuranceare only includedclaims in the SoFA when the general income recognition7 criteriaa are met (5.10
to 5.12 FRS 102 SORP) and are included as an item of other income in the SoFA.
Investment gains and losses ;
This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss
resulting from revaluing investments to market value at the end of the year.
2.2 Expenditure and liabilities
Liability recognition ; as
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation
committing the church to pay out resources and the amount of the obligation can be measured with
reasonable certainty.
Governance and support costs ;
Support costs ensuring the church complies with the public accountability and compliant with regulation
and good practice are nil as they are carried out by volunteers.
Redundancy cost
The charity made no redundancy payments during the reporting period.
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Deferred income
No material item of deferred income has been included in the accounts.
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Creditors
The charity has creditors which are measured at settlement amounts less any trade discounts.
Provisions for liabilities
A liability is measured on recognition at its historical cost and then subsequently measured at the best
estimate of the amount required to settle the obligation at the reporting date.
2.3 Assets
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Tangible fixed assets for use by charity These are capitalised if they can be used for more than one year and cost at least £1,000. They are valued at cost or historical deemed cost.
The depreciation rates and methods used are disclosed in note 6.
Consecrated land and buildings and movable church furnishings Consecrated and beneficed property of any kind is excluded from the accounts by s.10 (2)(a) of the Charities Act 2011. No value is placed on movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. These items are listed in the Church's Inventory, which can be inspected (at any reasonable time).
Investments
Investments are valued initially at cost and subsequently at fair value (their market value) at the year end.
Stocks
Goods provided as part of a charitable activity are measured at net realisable value.
Debtors
Debtors are measured at the cash or other consideration expected to be received.
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LLL I IO TE aE a TS RY EL ee cn
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|PAROCHIAL|CHURCH|COUNCIL|OF|ST.|PAULINUS, CRAYFORD|
|NOTES|TO THE|FINANCIAL STATEMENTS|
|FOR|THE|YEAR|ENDED|31|DECEMBER|2021|
|9|
|Nnee|
|3|Analysis of Income|Unrestricted|Restricted|Endowment|TOTAL|FUNDS|
|General|Funds|Funds|2021|2020|
|£|£|£|£|£|
|3.1|Donations|&|Legacies:|
|Donations and|gifts|41,706.51|1,683.25|-|43,389.76|45,923.03|
|Gift Aid|7,614.96|-|-|7,614.96|9,594.64|
|Legacies|and bequests|1,000.00|-|.|1,000.00|e|
|Grant:|Diocese|curate's|rent|9,500.00|.|-|9,500.00|9,322.14|
|Grant:|General|2,000.00|-|-|2,000.00|17,043.49|
|3.2|Charitable|Activities:|
|Church|hall lettings|30,775.90|.|-|30,775.90|20,100.25|
|Church|Magazine & advertising|12.00|-|:|12.00|54.00|
|Fees: Weddings|2,146.00|-|-|2,146.00|770.00|
|Fees:|Funerals|36,290.98|-|-|36,290.98|30,375.00|
|Book|of Remembrance|485.00|-|.|485.00|5.00|
|Baptism|Certificates|15.00|-|-|15.00|0.00|
|Refreshments|after services|1,452.00|2|:|1.45200,|—182.66|
|3.3|Other|Trading|Activities:|
|Fundraising|-|-|-|-|0.00|
|Other income|7,751.72|-|-|7,751.72|1,532.48|
|3.4|Income from|Investments:|
|Rental income|14,105.00|-|.|14,105.00|13,020.00|
|Dividends|-|-|1,166.50|1,166.50|1,126.56|
|Interest|486.44|-|-|486.44|1,416.05|
|14,591.44|-|1,166.50|15,757.94|15,562.61|
|TotalIncome|——_—$£155,341.51|ee£1,683.25|£1,166.50|£158,191.26|£150,465.30|
|4|Analysis|of Expenditure|Unrestricted|Restricted|Endowment|TOTAL FUNDS|
|General|Funds|Funds|2021|2020|
|3|£|£|£|£|
|4.1|Expenditure on|Raising|Funds:|
|Cost of fundraising|713.70|-|-|713.70|-|
|Investment manager fees|2,178.68|-|-|2,178.68|1,093.68|
|Investment property costs|1,361.65|-|-|1,361.65|1,607.60|
|4,254.03|-|-|4,254.03|2,701.28|
|4.2|Expenditure|on|charitable|activities:|
|Missionary & charitable giving:|40.00|1,683.63|-|1,723.63|917.46|
|Ministry: Diocesan Offer including stipends|23,941.12|-|-|23,941.12|52,020.00|
|Church|: Housing and expenses|8,443.62|-|-|8,443.62|7,898.71|
|Church|upkeep of services|6,456.55|.|-|6,456.55|5,893.67|
|Church|running expenses|10,580.62|-|-|10,580.62|11,791.77|
|Upkeep|maintenance|12,419.39|-|-|12,419.39|17,780.33|
|Church|of churchyards|8,318.26|-|-|8,318.26|19,072.18|
|hall running costs|25,631.63|-|-|25,631.63|21,604.84|
|Youthwork|-|-|-|0.00|133.20|
|Administration|8,802.86|-|-|8,802.86|10,130.66|
|Paid personnel &|pension|24,852.37|-|-|24,852.37|23,263.37|
|Depreciation|fixtures and fittings|2,752.00|-|-|2,752.00|3,445.00|
|4.3|Other:|132,238.42|168363.|S-|~~—S~'133,922.05.|«~~473;,951.19|
|Independent|examiner's fee|1,541.88|-|-|1,541.88|1,609.18|
|1,541.88|é|5|1541.88|1,609.18|
|Total Expenditure|£138,034.33|£1,683.63|-|£139,717.96|£178,261.65|
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PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD NOTES TO THE TO THE THE FINANCIAL STATEMENTS FOR THE THE YEAR ENDED 31 DECEMBER 2021
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||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|.|NOTES TO THE TO THE THE|FINANCIAL|STATEMENTS|
|FOR THE THE|YEAR|ENDED|31|DECEMBER|2021|
|eee|ee10|
|5|Paid|Employees|2021|2020|
|£|£|
|Salaries and wages|24,549.70|22,949.82|
|Employer's|National|insurance|less|Employer's|allowance|-|-|
|NEST|pension|costs|302.67|313.55|
|Total staftcosts|= 2485237|23,263.37|
|During|the|year|the|PCC employed|a|Church|Administrator|and|a|Church|Administrator|Assistant|and|part|way|through|the|year|the|new|Director|:|
|Together|all these|employees|equate|to|approximately|one|full|time|employee.|
|No|employees|received|employee|benefits|for|the|reporting|period|of|more than|£60,000.|
|Church|Administrator,|Kelly Tharby, who is an|Ex|Officio|member|of|thePCC, was paid £16,185 base|salary and|£145 clerk and|verger fees.|
|Director of Music,|Aeron|Preston,|who|is|an|Ex|Officio|member|of|the|PCC,|was paid £3,207.34|base|salary|and|£380 wedding|and|funeral|fees.|
|Church|Administrator Assistant,|Lisa|Kirby,|was paid|£5,157.36|base|salary|and £75|clerk|fees.|
|TheTherepensionwere|noisotherheld|withdisclosable NEST, thetransactionsgovernmentin|respectscheme,ofstartedPCC|members,in 2016|.|Totalpersonscostdoselythis|yearconnectedamountedwithtothem|or£302.67.other|related|parties.|
|6|TangibleFixed|Assets|
|61|Cost or valuation|FREEHOLD|LAND|&|BUILDINGS|FIXTURES.|TOTAL|
|Curate’s|House|Halls|&|FITTINGS|2020|
|&|[EQUIPMENT]|
|£|£|£|£|
|Al the beginning of the year|320,000.00|600,000.00|60,255.88|980,255.88|
|At the|end|of|tho|year|——__-320,000.00| 600,000.00|60,255.88|___ 980,255.68|||
|62|Depreciation and impairments|Reducing|Balance|=|Reducing Balance|
|At the beginning of the year|-|-|46,529.20|46,529.20|
|Depreciation|-|-|2,752.00|2.752.00|
|Impairment|-|-|-|-|
|At|the|end|of|the|yoar|-|-|49.281.20|49,281.20|
|63|Net book|value|
|Net book|value|at the beginning of the year|£320,000.00|£600,000.00|£13,726.68|£933,726.68|
|Net book|value at the end of the year|£320,000.00|£600,000.00|£10,974 68|£930,974|68|
|The|freehold land|and|buildings|comprise the|curate's|house|located|at|1a|Iron|Mill|Place,|Crayford|and|the|Church|halls in|Manor|Road.|With|
|64|theof|theadoptionbuildingsof|isFRShigher102|thethanassets the|deemedare givenhistoricala|value costat|1stso|theJanuaryneed|2015,to|depreciatewhich becomesis|no|longth|e|r “deemednecessary. historicalThe|Churchcost".andTheth r|e|coverableRectory|areamountnot|
|assets of the PCC and are therefore not valued. The combined|insurance held|is|to|the|value|of £14,000,000.|
|65|Fixturesand|fittings comprise|heaters,|oven,|fire|alarm|&|emergency|lighting|in|the halls,|Kawaii|piano,|roof alarm|and|PA|system|in|the|church,|
|duplicatorand|computerin|the|church|office.|These|are|valued|al cost.|Assets|under|£1,000|are|written off|in|the|year|of|purchase.|
|66|Other|historic|assets,|artefacts|and|bells|not|detailed|above|are|excluded|but are listed in|the|Church's|Inventory|kept|by|the|church|wardens.|
|They|are|not|valued|because|the cost|of|valuing|them|would|be|prohibitive.|
|Permanent.|
|7|Endowment|Investment,|Repair|Funds|
|Investment assets|CBF|Fund|Property|RDBF|Deposits|Total|
|£|£|€|£|
|7.1|Fair value|at beginning of period|40,216.57|305,000.00|164,208.54|$09,425.11|
|Add: additions|to investments during period|-|:|9,558.89|9,558.89|
|Less:|disposals|at carrying|value|-|-|.|nt|
|Add/(deduct)|:|net gain/(loss) on|revaluation|5,753.16|11,000.00|-|16,753.16|
|Fair value at the end of the year|45,969.73|316,000.00|173,767.43|535,737.16|
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72 It was the policy of the PCC to revaiue the investmentproperty every 5 years. With the adoptionof FRS 102 the property must be revalued each year and the[increase/decrease] in value must be shown on the face of the Statemenof Financial Activi t ies.The investment property valuation was derived from internet websites Zoopla and Rightmove.
en)
| PAROCHIAL CHURCHCOUNCIL OF ST. PAULINUS, CRAYFORD | PAROCHIAL CHURCHCOUNCIL OF ST. PAULINUS, CRAYFORD | PAROCHIAL CHURCHCOUNCIL OF ST. PAULINUS, CRAYFORD | PAROCHIAL CHURCHCOUNCIL OF ST. PAULINUS, CRAYFORD | PAROCHIAL CHURCHCOUNCIL OF ST. PAULINUS, CRAYFORD | PAROCHIAL CHURCHCOUNCIL OF ST. PAULINUS, CRAYFORD | PAROCHIAL CHURCHCOUNCIL OF ST. PAULINUS, CRAYFORD | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| NOTES TO THE FINANCIAL STATEMENTS | ||||||||||
| FOR THE YEAR ENDED 31 DECEMBER 2021 | ||||||||||
| 11 | ||||||||||
| 8 | CurrentAssets | 2021 | 2020 | |||||||
| 8.1 | Analysis of debtors Income taxrecoverable |
2,100.00 | 5,162.75 | |||||||
| Prepayments Other debtors |
- 6,392.42 |
, 2,696.64 |
||||||||
| £8,492.42 £7,859.39 re |
||||||||||
| 8&2 | Shortterm deposits Rochester Diocese Loan Fund deposit |
40,915.28 40,620.35 £40,915.28 __£40,820.35 |
||||||||
| 8.2 | Cash at bank andInhand | |||||||||
| Pettycash Boats PCCbankaccount (Barclays) PCCbankaccount(CAF) |
= 2 10,082.28 5,108.22 25,367.20 16,962.77 £35,449.48 £22,070.99 ae |
|||||||||
| 9 | Liabilities fallingdue within 1 year | |||||||||
| Accruals | . | - | ||||||||
| Deferred Income TradeCreditors |
- 5,537.54 |
° 3,097.50 |
||||||||
| £5,537.54_ £3,097.50_ | ||||||||||
| 10 | Charity Funds PE Permanent EndowmentEE |
ExpendatleEndowment RRestricted | Restricted DUR Designated Unrestricted UR Unrestricted | as ul |
||||||
| 10.1 | FundName Box Edmunds LR Hell Scannell Verey Evans |
Type PE,EE, Purpose& R,UR restrictions PE Graveupkeep PE Graveupkeep PE Graveupkeep PE Graveupkeep PE Graveupkeep PE Vault TotalPE |
Fundbalances bfwd £ 983.39 8,420.28 7,211.53 4,220.38 14,791.83 4,589.16 40,216.57 |
Income £ : |
Expenditure —Transfers £ - |
Transfers £ - |
Gains& losses £ 140.68 1,204.56 1,031.64 603.75 2,116.04 656.49 5,753.16 |
balances carried forward £ 1,124.07 9,624.84 8,243.17 4,824,13 16,907.87 5,245.65 45,969.73 |
||
| 10.2 | Bex Edmunds LRHall Scannell Verey Evans |
EE Grave upkeep EE Graveupkeop EE Graveupkeep EE Graveupkeep EE Graveupkeep EE Vault TotalEE TotalPE&EE |
336.62 2882.53 2468.78 1,444.75 5,063.78 1,787.23 13,983.69 54,200.26 |
28.54 244.26 209.18 122.32 429.09 133.11 1,166.50 1,166.50 |
- - |
a - |
- 5,753.16 |
365.16 3,126.78 2,677.96 1,567.07 5,492.87 1,920.34 15,150.19 61,119.92 |
||
| 10.3 | SpecialAppeais | R Charitable Giving |
- | 1,683.25 | (1,683.63) | - | 0.38 | |||
| FixedAssetproperty | R_ —_-ProportyReserve | 920,000.00 | 920,000.00 | |||||||
| To purchase | ||||||||||
| Restricted Donations | biblesandporch R repair |
5,300.00 | 5,300.00 | |||||||
| Heritage LotteryFundBuilding aD |
psncentty R damp TotalR PEEER |
14,917.76 940,217.76 994,418.02 |
1,683.25 2,849.75 |
(1,683.63) (1,683.63) |
- - |
- 5,753.16 _1,001,337.30 |
14,917.76 940,217.38 1,001,337.30 |
|||
| 10.4 | Church Repair Fund CuratesHouseRepairFund Church Hall RepairFund RectoryRedecoration Repair Fund investmentPropertyRepairFd NewChurchyard PreparationFd Organ Fund Headstone FundDiocese investmentProperty OrganFund ChoirFund SundaySchool/Sunday NightMi GeneralReserves |
DUR Mice of church 145,507.15 256.45 Miceofcurate’s DUR house 1,044.05 2.25 DUR Mice ofhalls 7,481.22 13.86 Redecorationof DUR Rectory 1,969.81 5.23 DUR 92WoodfallDrive 6,561.31 15.91 DUR 625.00 2,908.00 OUR 680.00 OUR ee 164,208.54 3,201.70 UR Revaluation 305,000.00 UR OrganMtce 4,837.39 UR =Music &Choir 449.21 185.00 UR —Young People 197.14 UR 41,694.72 _19,783.64 DUR&UR 516,387.00 23,170.34 1,510,805.02__26,020.09 |
3,600.00 538.40 1,018.80 600.00 600.00 140.00 a |
0.00 6,357.20 (110.00) (5,753.16) (6,357.20) (5,863.16) : (7,546.79) - |
149,363.60 1,584.70 8,513.88 2,575.04 7,177.22 3,873.00 680.00 eae 0.00 173,767.44 11,000.00 316,000.00 4,837.39 524.21 197.14 49,368.00 11,000.00 544 694.18 16,753.16_1,546,031.48 |
TT
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. THE PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
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INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD
This report on the financial statements of THE PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD for the year ended 31 December 2021, which are set on pages | to 11 is in respect of an examination carried out in accordance with s145 of the Charities Act 2011 (the Act). Respective responsibilities of the members and the examiner The church's PCC committee members are responsible for the preparation of the accounts. The church's PCC committee members consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) or under Regulation 10(1)(d) of the Charities Accounts (Scotland) Regulations 2006 (the 2006 Accounts Regulations) and that an independent examination is needed.
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It is my responsibility to:
examine the accounts under section 145 of [the] [Charities] [Act] [2011] [and] [section] [44(1)(c)] [of] [the] [Charities] [and] [Trustee]
Investment (Scotland) Act 2005 (the 2005 Act)
to follow the procedures laid down in the general Directions given by the Charity Commission under section
145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.
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Basis of independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission and in accordance with Regulation 11 of the Charities Accounts Regulations 2006. 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/the committee members 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
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In connection with our examination, no matter has come to our attention:
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(1) which gives us reasonable cause to believe that in any material respect the requirements:
----- Start of picture text -----
e to keep accounting records in accordance with section 130 of the Act; and
© to prepare financial statements which accord with the accounting records and comply with the requirements of
the Act:
e have not been met; or
e to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to
be reached; or
e which gives us reasonable cause to believe that in any material respect the accounting rules of the charity’s
constitution have not been met.
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----- Start of picture text -----
Graham E.J. Sadler FCA
SADLER DAVIES & CO
Chartered Accountants
3 Enterprise House
8 Essex Road
Dartford,
Kent, DAI 2AU
Date: 7" April 2022
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