Great Baddow Team Ministry Diocese of Chelmsford
Parish of Great Baddow, St. Mary the Virgin
Annual Report & Financial Statements of the Parochial Church Council
for the year ended 31 December 2020
Team Rector :
Revd. Canon Philip Ritchie (until Jan 2020) The Rectory Church Street Great Baddow CM2 7HZ Team Vicar: Revd. Canon Tim Ball 62 Longmead Avenue Great Baddow CM2 7EY Team Vicar:
Banker :
National Westminster Bank 4-5 High Street Chelmsford CM1 1FZ
Insurer:
Ecclesiastical Ins. Group Brunswick Road, Gloucester GL1 1JZ
Legal Advisor:
Revd. Phil Sheldrake Winckworth Sherwood 124 Beehive Lane 5 Montagu Close Great Baddow CM2 9SH Southwark SE1 9BB
Associate Minister:
Revd. Sue Finch 68 Vicarage Lane Great Baddow CM2 8HY
Associate Minister:
Revd. Canon Dr Roger Matthews 42 Riffhams Drive Great Baddow CM2 7DD
Architect:
Inkpen Downie Architecture & Design Ltd 2 Balkerne House, Balkerne Passage, Colchester, CO1 1PA
Independent Examiner:
Edmund Carr LLP 146 New London Road Chelmsford CM2 0AW
Address: Church Office, Church Path, High Street, Great Baddow CM2 7HN. Tel: 01245 477501 Email: stmaryschurchoffice@gmail.com
Registered Charity: No. 1127835
Annual Report of the Parochial Church Council of the Parish of Great Baddow, St. Mary the Virgin.
The Parochial Church Council (PCC) present their report together with the financial statements for the year ended 31 December 2020. These have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014.
Structure, Governance and Management
The current Great Baddow Team Ministry is formed from the Pastoral Scheme made effective from the 1st January 1988, made under the Pastoral Measure 1983, and the Pastoral Scheme made effective the 1[st] January 2016 under the Mission and Pastoral Measure 2011. The new scheme comprises three parishes, Great Baddow, St. Mary the Virgin, Great Baddow, St. Pauls, and Great Baddow, Meadgate. This report relates to Great Baddow, St. Mary the Virgin.
The PCC is appointed as set out in the Church Representation Rules. At St. Mary’s the membership of the PCC consists of the incumbent (Team Rector), the licensed clergy of the Great Baddow Team Ministry, churchwardens, ex-officio members, deanery synod representatives and members elected by those members of the congregation who are on the electoral roll. All those who are members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC. The Churchwardens are elected at the Annual Meeting of Parishioners and most members of the PCC are elected at the Annual Parochial Church Meeting. There are 14 elected lay members of the PCC including 2 Churchwardens and 2 Deputy Churchwardens (the Church Administrator is also in attendance) and there are 4 members elected to the Deanery Synod and 2 to Diocesan Synod. The Meeting of Parishioners and Annual Parochial Church Meeting were held on 27[th] September 2020. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including decisions on how the funds of the PCC are to be spent.
Aims and Purposes
The PCC has a responsibility to co-operate with the Team Rector and the Team Vicars in promoting within the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. Its primary object is the promotion of the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England. In addition to the church building, it has maintenance responsibilities for St Mary’s Church Centre (near The Chase), Bell Street Hall in Bell Street and St Mary’s Office in Church Path. The PCC is registered with the Charity Commission at reference 1127835.
Objectives and Activities
The PCC is committed to enabling as many people as possible to worship at St. Mary’s and to become part of the church family. The updated mission statement for St. Mary’s, agreed at the July PCC, that guides the work of the PCC is as follows:
A community worshipping God, following Jesus, sharing his transforming love through the Holy Spirit.
VALUES
To be a welcoming and worshipping community
-
Where all are valued, respected and encouraged to be part of the church
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Meeting people where they are
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Embracing different expressions of church
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Extending pastoral and prayerful support
Where all are nurtured and encouraged to grow in their faith
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Centering around the Bible and prayer
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Teaching and discipleship
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Journeying together in faith
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Encouraging each other to develop and use our gifts
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Being missional in our community and wider world
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Intentionally sharing God’s transforming love
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Engaging with our community
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Distinctively caring through practical actions for a fairer world
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Supporting and encouraging our mission partners
The manner in which the Church has sought to fulfil these objectives and activities has been affected by the COVID 19 pandemic, with the Church building either being closed or access greatly restricted. During the year Church services and many activities have continued online.
The members of the PCC (Trustees) confirm that they have had due regard to Charity Commission guidance on public benefit when carrying out their duties during the year.
PCC Meetings
The PCC met every other month throughout the year and the Standing Committee of the PCC met in alternate months to the PCC. Andrew Beales and Richard Cilvert were appointed Church Wardens and Elaine Fisher and Graham Heath Deputy Church Wardens at the Annual Parochial Church Meeting. Reverend Canon Philip Ritchie resigned as Rector on 5[th] January 2020 and the Church has been in interregnum for the year. As a result of the impact of COVID 19 on the finances of the Diocese the Great Baddow Team has been reduced from 3 stipendiary Ministers to 2 and the appointment process no longer sought to fill the Rector’s post from outside the team. Promoting the mission of the church and serving the wider community included consideration of the following matters:
Strategic: Possible formation of a Mission and Ministry Unit; approval of updated Mission and Values statement; Serving with Accountability annual response to the Archdeacon of Chelmsford; Rector appointment process, membership of PCC sub-committees; impact of COVID 19 on church services and activities, upgrade church Wi-Fi and install new camera and equipment to enable live streaming of services;
Finance: Annual reports and accounts for 2020 and budget for 2021; approval of Church credit card; Mission Grants 2020; Ordination training grants; internal review of financial controls: reserves policy; funding for Associate Minister’s trip to Kenya; impact of COVID 19 on finances. Buildings & Maintenance : consideration of purchase of URC site, quinquennial report; Church Centre refurbishment; Church organ update.
Policy: Safeguarding policy and training; Health and Safety review
The PCC also received regular reports and recommendations from the various sub-committees, officers and groups of the committee including: Standing Committee, Maintenance Committee, Playschool Committee, Ministry Leadership Team, Mission Committee, Finance Committee, Safeguarding Team, Deanery Synod meetings, Electoral Roll and Health & Safety.
Each PCC meeting concludes with a time of sharing ‘Good News’ stories before a time of prayer and during 2020 these included: the encouraging numbers attending various Christmas services, the new carpet in the church Centre, the provision and quality of the on-line services,
PCC Membership
During the year and at the date of signature the following served on the PCC:
Team Rector: Team Vicar: Team Vicar: Associate Minister:
Revd. Canon Philip Ritchie Chairman (until 6 January 2020) Revd. Canon Timothy Ball Revd. Philip Sheldrake Revd Canon Dr Roger Matthews
| Associate Minister: | Revd. Susan Finch | |
|---|---|---|
| Parish Churchwardens: | Richard Cilvert | Chairman(from 6 January 2020) |
| Andrew Beales | ||
| Deputy Churchwardens: | Graham Heath | |
| Elaine Fisher | ||
| Lay representatives on Diocesan Synod: | ||
| Canon Harry Marsh | ||
| Andrew Podd | ||
| Lay representatives on Deanery Synod: | ||
| Gill Ball | ||
| Glenn Finch | ||
| Roy Bartholomew | ||
| Anna Cann | (from Sept 2020) | |
| Elected Lay members: | John Ansell | Treasurer |
| Tim Bishop | ||
| Jeremy Budd | (until Sept 2020) | |
| Matthew Johnson | (until Sept 2020) | |
| Neil McLean | ||
| Kay Pountney | ||
| Wendy Ross | Secretary | |
| Caroline Saunders | ||
| Steve Scott | ||
| Pennie Johnson | (from Sept 2020) | |
| In attendance: | Jacqui Pavey |
Financial Review
The principles of stewardship and commitment to giving continue to be promoted across the congregations and the levels of giving achieved by church members reflect a degree of sacrificial giving by many individuals. A detailed report of the finances is set out in the annual accounts for 2020. During the year the parish supported the work of the diocese by paying in full its Parish Share of £115,330 out of a Team Ministry total of £224,137 after a 1% discount. (Note: The 2021 figure is £114,961 out of a Team Ministry total of £223,397 after 1% discount). The PCC has adopted a Financial Control Policy and the internal financial controls will be reviewed annually by the Finance and Giving Committee on behalf of the PCC.
Reserves Policy
Offerings are normally received in an even flow, such that expenditure can be met as it arises, but due to the impact of COVID 19 and the need to close the church, there was a deficit in 2020 of £26,868 on general unrestricted funds and an overall deficit across all funds of £41,098. This deficit will be met from Reserves. In addition to our regular income above it is the policy of this Church to hold financial reserves the equivalent of three months general running costs, including salaries. It is also our policy to hold an amount for likely building repairs in the near future in a separate Fabric
Fund. We may also hold monies at appropriate times for known future expenditure or donations as agreed by the PCC.
At 31st December 2020 funds totalled £249,580 of which £85,859 were general unrestricted funds. The PCC held £46,960 in reserve for general expenditure including the parish share, missionary giving and office salaries. In addition to this, £38,899 is currently held in reserve in the general unrestricted fund to cover repair work to the church buildings and towards possible future development, the funds to be used as agreed by the PCC.
The Playschool reserves policy is to retain at least three months expenditure to cover salary costs and the additional funds are held for the cost of future developments (including e.g. new furniture), fluctuations in future numbers and increased staff costs due to minimum wage and pension rule changes.
This policy, and the amount held in Reserve, will be reviewed and agreed by the PCC annually.
Risk Management
The PCC seeks to ensure that risks are identified and managed through annual review of insurance, health and safety, buildings repair and maintenance, safeguarding and regular reporting to the PCC. The PCC implemented a data protection process to ensure compliance with GDPR requirements. The PCC continue to implement the new National Safeguarding Policy of the Church of England,
This report was approved by the Parochial Church Council of Great Baddow, St. Mary at its meeting on 8[th] March 2021 and signed on its behalf by:
Richard Cilvert, Chairman.
Independent Examiner's Report to the Trustees of The Parochial Church Council of the Ecclesiastical Parish of Great Baddow, St Mary The Virgin
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2020 which comprise the statement of financial activities, the balance sheet and related notes.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. 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:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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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.
Colin Barker FCA
Edmund Carr LLP 146 New London Road Chelmsford CM2 0AW
15 March 2021
Great Baddow, St Mary the Virgin PCC
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2020
| Note INCOME from Donations and legacies 2a Fundraising activities 2b Investments 2c Church activities 2d Other 2e TOTAL INCOME EXPENDITURE on Church activities 3a Fundraising costs 3b Support costs 3c TOTAL EXPENDITURE Net gains on investments NET INCOME/(EXPENDITURE) Transfers between funds 13 NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
UNRESTRICTED FUNDS 147,748 6,382 488 1,082 2,957 158,657 195,060 104 1,620 196,784 - (38,128) 3,732 (34,396) 152,446 118,051 |
RESTRICTED ENDOWMENT FUNDS FUND 608 - 636 - 254 204 122,139 - - - 123,637 204 127,223 - - - - - 127,223 - - 411 (3,586) 615 (3,528) (204) (7,114) 411 131,579 6,653 124,465 7,064 |
TOTAL FUNDS 2020 2019 148,356 164,830 7,018 17,838 946 1,634 123,221 143,702 2,957 5,785 282,498 333,789 322,283 352,871 104 242 1,620 1,500 324,007 354,613 411 1,009 (41,098) (19,815) - - (41,098) (19,815) 290,678 310,493 249,580 290,678 |
|---|---|---|---|
Great Baddow, St Mary the Virgin PCC
Balance Sheet at 31 December 2020
| UNRESTRICTED RESTRICTED ENDOWMENT FUNDS FUNDS FUND Note FIXED ASSETS Tangible fixed assets 4a 6,000 - - Investment assets 4b - - 7,064 6,000 - 7,064 CURRENT ASSETS Debtors 7 4,535 742 - Short term deposits 106,564 115,976 - Cash at bank / in hand 6,152 22,288 - 117,251 139,006 - LIABILITIES: Creditors falling due within one year 8 (5,200) (14,541) - NET CURRENT ASSETS 112,051 124,465 - NET ASSETS 118,051 124,465 7,064 FUNDS Unrestricted 2/10 118,051 - - Restricted 2/9 - 124,465 - Endowment 4b - - 7,064 TOTAL FUNDS 118,051 124,465 7,064 |
TOTAL FUNDS 2020 2019 6,000 6,000 7,064 6,653 13,064 12,653 5,277 5,748 222,540 248,187 28,440 42,429 256,257 296,364 (19,741) (18,339) 236,516 278,025 249,580 290,678 118,051 152,446 124,465 131,579 7,064 6,653 249,580 290,678 |
TOTAL FUNDS 2020 2019 6,000 6,000 7,064 6,653 13,064 12,653 5,277 5,748 222,540 248,187 28,440 42,429 256,257 296,364 (19,741) (18,339) 236,516 278,025 249,580 290,678 118,051 152,446 124,465 131,579 7,064 6,653 249,580 290,678 |
|---|---|---|
| 12,653 | ||
| 5,748 248,187 42,429 |
||
| 296,364 | ||
| (18,339) | ||
| 278,025 | ||
| 290,678 | ||
| 152,446 131,579 6,653 |
||
| 290,678 |
Approved by the Parochial Church Council at a meeting on 8th March 2021 and signed on its behalf by:
Richard Cilvert Chairman
John Ansell Treasurer
Great Baddow, St Mary the Virgin PCC
1. ACCOUNTING POLICIES
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with the Statement of Recommended Practice applicable to charities preparing their accounts under the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019. They have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value.
The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following 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 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The presentation currency is £ sterling.
The PCC meets the definition of a public benefit entity under FRS102.
Fixed assets
Church Hall buildings
Both the Church Centre and the Bell Street Hall are valued in the balance sheet at cost.
Investments
Investments are valued at their market value at 31st December.
Consecrated property and movable church furnishings
Consecrated and benefice property is excluded from the financial statements by s.10(2)(a) of the Charities Act 2011.
Movable 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 on appointment). For inalienable property acquired prior to 2001 there is insufficient cost information available and therefore such assets are not valued in these accounts. Any items acquired since 1st January 2001 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life (initially over 20 years) on a straight-line basis.
All expenditure incurred in the year on consecrated or benefice buildings, any individual items under £2,000 or the cost of repairs to movable church furnishings acquired before 1 January 2001 is written off.
Other fixtures, fittings and equipment
Equipment used within the church premises is depreciated on a straight line basis over 4 years. Individual items with a purchase price of £2,000 or less are written off when the asset is acquired.
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.
Notes to the financial statements for the year ended 31 December 2020
Short-term deposits include cash held on deposit either with the Central Board of Finance or at the bank.
Current liabilities
Creditors are shown at their settlement amount.
Funds
General funds are those which are not subject to any restrictions regarding their use and are available for the PCC’s general purposes. Funds designated for a particular use by the PCC itself are also unrestricted. Restricted funds are those which must be spent on restricted purposes and details of the funds & their restrictions are in Note 9. Endowment funds , where the capital must be retained, are set out in Note 4b.
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. They do not include certain minor funds each amounting to less than £350.
Income
Voluntary income and capital sources
Collections are recognised when received by or on behalf of the PCC.
Planned giving receivable under Gift Aid is recognised when received. Tax recoverable on Gift Aid donations is recognised when the donation is recognised.
Grants and legacies are accounted for when the PCC is notified of its legal entitlement, its ultimate receipt is reasonably certain and the amount due is quantifiable.
Great Baddow, St Mary the Virgin PCC
Notes to the financial statements for the year ended 31 December 2020 (cont’d)
Funds raised by fund raising events are accounted for gross. Sale of books and magazines from the church bookstall are accounted for gross.
Rental income from the letting of property
This is recognised when the rental is due.
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 revaluation of investments at 31st December.
Expenditure
Grants
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.
Church Activities
The diocesan parish share is accounted for when due. Any amount unpaid 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.
Great Baddow, St Mary the Virgin PCC
Notes to the financial statements for the year ended 31 December 2020 (cont'd)
| Note 2 INCOME from 2a Donations and legacies Planned giving Gift aid donations Gift Aid recoverable Other donations Open-plate collections Sundry Donations Grants Legacies(see Note 14) 2b Fundraising activities Fund-raising events Use of church halls - non-church purposes 2c Investment income Interest and dividends 2d Income from church activities Bookstall Use of church & church halls - church purposes Fees (weddings, funerals etc) Outreach activities 2e Other income Sundries TOTAL INCOME TOTAL EXPENDITURE Net gains on investments NET INCOME/(EXPENDITURE) TRANSFERS- provisions for future - see note 13 - see note 13 - see note 13 - see note 13 NET MOVEMENT IN FUNDS Funds brought forward Funds carried forward |
General Fund Fabric Other Fund Funds note 10 97,441 - - 26,140 - - 16,884 - - 3,771 - - 3,205 7 - 300 - - - - - 147,741 7 - 5,290 - - 1,092 - - 6,382 - - 318 153 17 - - 36 - - - 1,046 - - - - - 1,046 - 36 2,957 - - 158,444 160 53 187,840 8,304 640 - - - (29,396) (8,145) (587) - 204 - (2,472) - - - 1,000 - 5,000 - - (26,868) (6,941) (587) 112,727 35,342 4,377 85,859 28,402 3,790 UNRESTRICTED Designated |
RESTRICTED FUNDS Play Toddler Coffee Café Mid- Bells Audio Lands school Group Pot Club Africa repair Visual Charity Concern systems - - - - 608 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 608 - - - 636 - - - - - - - - - - - - - - - 636 - - - - - - - 224 25 - 2 - 2 1 204 - - - - - - - - - - - - - - - - - - - - - - - - 121,333 354 261 191 - - - - 121,333 354 261 191 - - - - - - - - - - - - 122,193 379 261 193 608 2 1 204 121,953 110 553 303 4,304 - - - - - - - - - - 411 240 269 (292) (110) (3,696) 2 1 615 - - - - - - - (204) - - - - 2,472 - - - (1,000) - - - - - - - - (5,000) - - - - - - (760) (4,731) (292) (110) (1,224) 2 1 411 116,471 8,074 2,167 821 3,418 477 151 6,653 115,711 3,343 1,875 711 2,194 479 152 7,064 ENDOWMENT |
2020 98,049 26,140 16,884 3,771 3,212 300 148,356 5,926 1,092 TOTAL |
2019 104,713 27,077 17,110 12,558 1,572 800 1,000 FUNDS |
|---|---|---|---|---|
| 164,830 | ||||
| 13,063 4,775 |
||||
| 7,018 | 17,838 | |||
| 946 36 - 1,046 122,139 123,221 2,957 282,498 324,007 411 (41,098) - - - - (41,098) 290,678 249,580 |
1,634 | |||
| 257 250 8,150 135,045 |
||||
| 143,702 | ||||
| 5,785 | ||||
| 333,789 354,613 1,009 |
||||
| (19,815) - - - - |
||||
| (19,815) 310,493 |
||||
| 290,678 |
Great Baddow, St Mary the Virgin PCC
Notes to the financial statements
for the year ended 31 December 2020 (cont'd)
| Note 3 EXPENDITURE on 3a Church activities Missionary & charitable giving:(see Note 11) Church overseas - missionary societies - relief & development agencies Home missions & other societies Secular charities Ministry: Parish Share Clergy expenses Rector's Personal Assistant Church running costs Church maintenance Upkeep of services Church administration Children's and Youth work Other Training & Mission Bookstall Church Halls' running costs Outreach Groups Donation to Meadgate 3b Fundraising costs Offering envelopes Sundry fund-raising 3c Support costs Independent Examiner's fee TOTAL EXPENDITURE |
UNRESTRICTED General Fund Fabric Other Fund Funds (note 10) 6,150 - - 2,570 - - 8,357 - - - - - 17,077 - - 115,330 - - 299 - - 3,859 - - 7,356 - - 5,995 - - 11,337 - - 13,615 - - 303 - - 15 - 600 - - - 10,930 8,304 40 - - - - - - 186,116 8,304 640 104 - - - - - 104 - - 1,620 - - 1,620 - - 187,840 8,304 640 Designated |
RESTRICTED FUNDS Mid - Audio Play Toddler Coffee Café Africa Bells Visual school Group Pot Club Concern Repair systems - - - - - - - - - - - 4,304 - - - - 70 - - - - - - 60 - - - - - - 130 - 4,304 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 180 - - - - - - - - - - - - - - - - - - 115,953 - - - - - - - - - - - - - - - - - - - - 6,000 - 200 250 - - - - 110 43 53 - - - - - - - - - - 121,953 110 553 303 4,304 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 121,953 110 553 303 4,304 - - |
TOTAL FUNDS 2020 2019 6,150 6,200 6,874 9,662 8,427 8,725 60 401 21,511 24,988 115,330 112,149 299 1,544 3,859 3,632 7,356 6,805 6,175 687 11,337 13,629 13,615 13,971 116,256 118,290 615 1,506 - 229 25,724 27,112 206 3,329 - 25,000 322,283 352,871 104 103 - 139 104 242 1,620 1,500 1,620 1,500 324,007 354,613 |
TOTAL FUNDS 2020 2019 6,150 6,200 6,874 9,662 8,427 8,725 60 401 21,511 24,988 115,330 112,149 299 1,544 3,859 3,632 7,356 6,805 6,175 687 11,337 13,629 13,615 13,971 116,256 118,290 615 1,506 - 229 25,724 27,112 206 3,329 - 25,000 322,283 352,871 104 103 - 139 104 242 1,620 1,500 1,620 1,500 324,007 354,613 |
|---|---|---|---|---|
| 24,988 112,149 1,544 3,632 6,805 687 13,629 13,971 118,290 1,506 229 27,112 3,329 25,000 |
||||
| 352,871 | ||||
| 103 139 |
||||
| 242 | ||||
| 1,500 | ||||
| 1,500 | ||||
| 354,613 |
Great Baddow, St Mary the Virgin PCC
Notes to the financial statements
for the year ended 31 December 2020 (cont'd)
FIXED ASSETS
Note
4a Tangible fixed assets
Freehold land
& buildings
St Mary's Church
| Cost At 1. 1. 2020 At 31. 12. 2020 Depreciation At 1. 1. 2020 At 31. 12. 2020 Net book value At 31. 12. 2020 At 1. 1. 2020 |
6,000 This consecrated building is not owned by the PCC so it is not included in these accounts. Its insurance value (current loss limit) in 2020 was £11,200,000 plus £2,800,000 for the Churc 6,000 - The following properties are owned and both are used for church purposes:- St Mary's Church Centre - Original cost in 1967 £5,500 (Insurance value (Current Loss Limit) £5,600,000) 6,000 Bell Street Hall 6,000 Original cost in 1955 £500 (Insurance value (Current Loss Limit) £2,800,000) |
|---|---|
This consecrated building is not owned by the PCC so it is not included in these accounts. Its insurance value (current loss limit) in 2020 was £11,200,000 plus £2,800,000 for the Church Office.
- 4b Investments - shares
Endowment fund:
The Great Baddow Church Lands Charity funds are invested with the Charities Official Investment Fund. Their market value is £7,064 (2019 £6,653) Whilst the capital must be held as permanent endowment, the annual income can be used for any expenses related to church repairs.
| 5 STAFF COSTS Wages and salaries Social security costs Pension Contributions |
2020 121,329 1,334 2,384 125,047 |
2019 119,843 1,875 2,190 |
|---|---|---|
| 123,908 |
St. Mary's Church employed on a part-time basis an Office Administrator/Rector's Secretary, a Church/Bell Street Hall/Office cleaner and Playschool staff. The average number of employees on a headcount basis in the year was 17 (2019: 19) and on a full-time equivalent basis - 4.74 (2019: 5.5 ).
6 PAYMENTS TO TRUSTEES
In addition to reimbursement of expenses to Revd. S. Finch (see Note 3a - clergy expenses) £120 was paid to John Ansell for operating the sound desk
at weddings and funerals. £1,659 was paid to Rev. Sue Finch towards the cost of a church visit to Kenya. No other remuneration was paid to the other Trustees by the charity during the year. (2019 - £0) although £100 was paid to Stephen Finchto help with his training for the ministry and his parents Revd Sue and Glenn Finch are on the P C C. £100 was also paid to Ann Heath to help her with her training to be a Licenced Lay Minister and her husband is also on the P C C. £500 was also paid to Olivia Podd who is a Relay Worker with UCCF (Universities and Colleges Christian Fellowship) whose father Andrew Podd is a Lay Representative on the Diocesan Synod and an ex-officio member of the P C C.
| 7 DEBTORS Gift Aid recoverable Other debtors 8 CREDITORS - due within 1 Year For goods / services Prepayment of fees |
2020 2,290 2,986 5,276 5,670 14,072 19,742 |
2019 2,891 2,857 5,748 [2019: Unrestricted £5,014 and Playschool £734 in other debtors ] 3,290 15,049 18,339 [2019: Unrestricted £2,828 and Playschool £15,511 ] |
|---|---|---|
Notes to the financial statements
for the year ended 31 December 2020 (cont'd)
Great Baddow, St Mary the Virgin PCC
Note
9 RESTRICTED FUNDS
The Playschool , Toddler Group and Tiny Church cater for young children. Coffee Pot is a drop-in centre open to all on Wednesday mornings. Café Club meets fortnightly on Thursdays and provides refreshments, games, craft work and various activities, including internet and computer skills. Mid-Africa Concern gathers together goods for sending via parcels and containers to East Africa, primarily to schools and hospitals. The Audio/Visual Systems Fund comprises donations to cover repairs and additions to the systems in church. The Bells Repair Fund holds money which the bellringers have set aside for bells maintenance from their wedding fees. However due to the coronavirus outbreak these activities were suspended on the 22nd March 2020. The only activity to re-open has been Playschool.
10 UNRESTRICTED FUNDS (Designated by PCC)
(These monies can be transferred to the PCC's general funds at any time should the PCC so desire.)
| Brought forward Donation Bookstall sales Cost of bookstall sales Donation to Church from sales Interest Carried forward |
Church Bookstall o 4 - 36 - (40) - - |
Ordination & ther training 4,373 (600) - - - 17 3,790 |
TOTAL 4,377 (600) 36 - (40) 17 |
|---|---|---|---|
| 3,790 |
12 INDEPENDENT EXAMINER
The accounts include Independent Examiner's fees of £1,620 (2019 - £1,500)
13 TRANSFERS - other than for use of Halls.
The provision was:; £1,000 from Playschool to Fabric Fund for future repairs on Church Centre. £204 income of the Church Lands Charity was passed to the Fabric Fund for church repairs. £2472 was transferred to Mid Africa Concern to help with their work, £5000 was transferred from Toddlers to St. Mary's Church to help pay for Church Centre repairs and a further £204 income of the Church Lands Charity was passed to the Fabric Fund for church repairs.
14 LEGACIES
£114,612 was received from the Jim Hymas unrestricted legacy up to 2009.
Of this £103,017 was spent between 2009 to 2018 with £7,889 being spent on the Church Centre in 2019 leaving £3,706.
In 2015 unrestricted legacies of £100,250 were received. In 2019 £25,000 was given to Meadgate Church to assist them with the purchase of 'The Orchard's' leaving £75,250.
This year, due to the coronavirus the Church has a deficit of £26,868 reducing the balance to £48,382.
11 MISSIONARY & CHARITABLE GIVING
| Overseas Missions Church Mission Society (CMS) Church Mission Society (Kylie Bahadur) Far Eastern Broadcasting Assoc (FEBA) Langham Partnership (East Africa) Overseas Relief Bishop's Lent Appeal (Kenya support) Mid-Africa Concern (MAC) TEAR Fund Home Missions & Societies Chelmsford & District Evangelical Fellowship CHESS Homeless Children's Society Church Pastoral Aid Society (CPAS) CPAS (Falcon Camps) Gfts to parishioners - funded by Great Baddow Charities Prison Fellowship Scripture Union (SU) SU (West Runton Camps) Foodbank Church Urban Fund Other Donation Secular Charities Earl Haig Fund (Remembrance Poppy Fund) Macmillan R N L I |
Church Funds 1,450 3,150 550 1,000 6,150 500 1,350 2,050 3,900 1,020 1,050 1,000 1,550 550 300 1,000 550 550 600 - - 8,170 - - - 18,220 |
Donations + Gift Aid - - - - - 20 2,954 - 2,974 - 257 - - - - - - - - - - 257 - 30 30 3,291 |
Total 1,450 3,150 550 1,000 |
|---|---|---|---|
| 6,150 | |||
| 520 4,304 2,050 |
|||
| 6,874 | |||
| 1,020 1,307 1,000 1,550 550 300 1,000 550 550 600 - - |
|||
| 8,427 | |||
| - 30 30 |
|||
| 21,511 |