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2020-12-31-accounts

The Ecclesiastical Parish of ALL SAINTS WESTON

All Saints

Annual Report & Financial Statements of the Parochial Church Council for the year ended 31st December 2020

Registered charity number 1127844

The Parochial Church Council of the Ecclesiastical Parish of All Saints Weston

Contents Page No
Legal and Administrative Information 1
Structure, governance and management 2
Objectives and activities 2
Achievements and performance
Church attendance 2
Administration 3
Youth 3
Review of the year 3
Financial Report 4
Current Financial Position 6
Investment Policy 6
Reserves Policy 6
Risk Assessment 6
Statement of Financial Activities 7
Notes to the Financial Statements 8
Independent Examiner’s Report to the Trustees
14

The Parochial Church Council of the Ecclesiastical Parish of

All Saints Weston

Annual Report for the year ended 31[st] December 2020

Legal and Administrative Information

All Saints Church is situated in Chestnut Avenue, Weston Green, Esher. It is part of the Diocese of Guildford within the Church of England. The correspondence address is The Parish Office, Parish Church of All Saints Weston, Chestnut Avenue, Esher, Surrey KT10 8JL.

The Parochial Church Council of the Ecclesiastical Parish of All Saints Weston (“the PCC”) is a charity registered with the Charity Commission.

PCC members who have served from 1st January 2020 until this report was approved have been:

Incumbent The Revd. Shane Wood (on official sick leave during 2020)
Wardens Jeremy Lancaster
Charles King
Elected Representative Ruth Bruce (until 18.10.20)
on the Deanery Synod
Elected Members Karen Bowles
Mary Herbert
Cloe Dwelly
Alison Cruthers
Joy Tilbury
Gordon Wratten
Eric Craig
Michael Hawkins (until 18.10.20)
The APCM held on 18 October, delayed and online due to Covid restrictions
Church Administrator Ruth Bruce (until 30 June 2020)
PCC Minute Secretary Joy Tilbury
Bankers National Westminster Bank PLC
73 High Street
Walton-on-Thames
Surrey
KT12 1DW
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Malling
Kent ME19 4JQ
Independent Examiner
David Wall FCCA
20 Springfield Road
Ash Vale, Aldershot
Hampshire, GU12 5EN

1

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 stand for election to the PCC. The PCC operates four sub-committees – Finance, Fabric, Church Development and Social Events. Each is chaired by a member of the PCC or the Churchwardens. There is also a Standing Committee of the PCC.

Objectives and activities

The incumbent, together with members of the PCC, has the primary duty within the parish of promoting the whole mission of the church, spiritual, pastoral, evangelistic, social and ecumenical amongst all the people in the parish. In so doing we meet the Charity Commission guidelines on public benefit.

All Saints Weston’s Mission Statement has proved very popular and continues to be ‘To be a blessing to our community by weaving the stuff of life with the story of God’.

The PCC in conjunction with the Vicar and the Churchwardens is also legally responsible for all parish finance, the fabric of the church and church hall and related matters. Maintaining the fabric of the church and hall is an important part of our outreach.

Achievements and performance

Church attendance

The Electoral Roll officer was Joy Tilbury. The roll was presented at the APCM with 124 people on the roll, 3 had been removed and 1 added. 49 live outside the parish.

The average Sunday attendance was 82 between 1.1.20 and 13.3.20 (70 - year ended 31.12.19 - as reported in Guildford “Statistics for Mission 2020"). Between 19.7.20 and 5.11.20 the average number was 30 and a similar number between 6.12.20 and 29.12.20 due to Covid 19 restriction. During the period 8.11.20 – 29.11.20, services were streamed.

In addition, there were 0 baptisms (10 in 2019), 0 weddings (7 in 2019), 7 interments (10 in 2019), 1 funeral (10 in 2019)

Our preaching support has included two Lay Preachers during the year and we have two Pastoral Assistants.

Administration

The PCC met 7 times in 2020, mainly online. We do not currently have sufficient volunteers to maintain our supporting teams, this being less important during church closures with projects having been postponed. We have been indebted to all the members of the PCC and their hard work.

Youth

Heike Heath is working with our toddler and pre-school children but has been unable to meet with them since the end of March due to Covid 19 restrictions. The Youth Group runs on alternate Sundays for children aged 12-18 years. The group is run by 2 Parent volunteers: Alison Cruthers and Cathy Wise. We have managed to run this both face to face [with masks] and on - line [via Zoom] for

2

the whole of 2020. We see regularly between 5 and 13 children and provide snacks, organise games and have a short 'God' spot to evoke discussion. The group are mainly non-Church attenders. We have kept our costs to a bare minimum.

The PCC is responsible for the Safeguarding Policy. All volunteers working with our children are vetted in accordance with the Diocesan guideline and we have extended training to on-line certification of members of the PCC. The Safeguarding Officer is Mary Herbert and we thank her for her continued guidance and support.

Review of the year

Two significant events shaped the life of All Saints and our community at the beginning of 2020.

First, in February, Shane was diagnosed with a very serious medical condition which has required extensive and on - going treatment throughout 2020. His desire to resume his duties were hampered by his continued treatment and the need to shield throughout the year. Second, following the COVID outbreak, our church & church hall were closed on 24 March 2020. All planned events in the church & hall were cancelled or postponed from that date. Despite the above, we have endeavoured to maintain life and fabric of our church within these limitations.

Church & Services

On 15 June, ahead of many other churches in the area, we opened our doors between for private prayer with strict COVID directives in place. With the support of Revd. Michaela Wood, we held our first " distanced " service on Sunday 19 July. COVID restrictions limited the congregation to c 30 and after a few initial technical challenges, online access to these services was improved. Our thanks to the team of sides - persons, readers, intercessors and our Sacristan who made this possible

In August, we were very fortunate to secure the support of Revd. Jonathan Andrew. In addition to leading our Sunday worship, Jonathan agreed to preside at any Occasional Offices - Baptisms, Interments, Funerals etc. Understandably, many of these events were postponed. However, several interments did take place with the support of Martin Horsey, our Sexton.

In October, preparations were made for the " In Loving Memory " and Remembrance Sunday services. The subsequent lockdown from 5 November meant that Remembrance Sunday service became an online event. We were delighted that our Lay Reader, Eric Craig, was able to preach at the Eucharist on Sunday 15 November.

Following the decision to cancel both the Crib and Christingle services for reasons of safety, we felt it was very important to hold a pre – Christmas event focused on families and young people. Preparations were made for a ‘Journey to Bethlehem Family Prayer, to be held on Christmas Eve. Unfortunately, the worsening virus infection rate meant this event was cancelled, though the church was decorated with the Christmas story and open for the lighting of candles. The Wardens would particularly like to thank the Heike Heath and Cloe Dwelly for their support and Mary Herbert for reviewing our plans from a Safeguarding perspective.

Our thanks to Kate Pinhey, Tracy Hammill and Charles King for leading a successful Ssh Free Services in June and December.

Staffing

Both Heike Heath and Ruth Bruce were placed on furlough during the Church closure and we thank them for their continued voluntary contributions in the subsequent period. A Parish Administrator was recruited in March but regrettably her employment was overtaken by the instruction to close the

3

church & the decision to place our existing staff on furlough. Due to the current uncertainty about the level of administrative support we will be needing in the near term, we have withdrawn our offer of employment.

All Saints Volunteers

A Volunteering initiative was established in March has been very well received. While most parishioners were simply happy to be contacted, others have requested specific help for support with shopping & medication. Our appreciation and thanks to: Kate Ellis, Ali Cruthers, Louise Lewis, Kate Pinhey, Cloe & Jim Dwelly and Ruth Bruce.

Thanks also to our Pastoral team of Ali Cruthers, Louise Lewis, Jan Hardy, Cloe Dwelly, Jim Dwelly and Mary Herbert.

The AS Lunch Club led by Val Atkinson has been suspended during this period and the Social Team led by Jan Hardy has redirected its efforts in support of other much needed activities.

Throughout the year, when circumstances have allowed, our regular volunteers have stepped up to support the running of our church. Our thanks to our sidespeople, chalice assistants, readers, grass mowers. In particular, we would like to recognise Jane Jennings who leads the flower arrangers, Sue Shaw our Sacristan, Cloe Dwelly for Rota management, Martin Horsey our Sexton and Gerald Smith for his wonderful displays. Thanks also to the Choir for their singing when allowed by the prevailing COVID regulations.

Our thanks to Karen Bowles our Treasurer and the Finance team -Christopher Roshier, Steve Clunn, Simon Charrington, Suzanne Burrows and Gordon Wratten.

Foodbank Donations & Emergency Deliveries

In partnership with East Elmbridge Foodbank, we have placed boxes at the front of our church for donations of basic tinned / dry food items Additionally, All Saints volunteers made ad hoc emergency delivers of food boxes in support of the Foodbank's regular deliveries in our area.

Fabric

Despite the postponement of our building projects, we have continued to maintain the Fabric of our church with “as needs" work based on Health & Safety requirements and the protection of parish income. To this end, the Hall lighting has been significantly upgraded but the plan to replace one or more of the Hall doors has been postponed. Given our limited resources, further fabric expenditure will be assessed on an as needed basis.

Church Hall

We have reached out to Hall users to advise them of current restrictions and to ascertain their own plans. All users have been advised that responsibly for meeting COVID rules rests with them. Understandably for many there is still a degree of uncertainty, but some users are already returning. We will continue to monitor the Government and Diocese advice on future usage closely.

Our Parish Website, edited by Charles King, played a vital communication role during this challenging time.

The Wardens have been ably supported throughout the year by the Standing Committee & PCC.

Revd Shane Wood, Jeremy Lancaster, Charles King

4

Financial Report

Financial Review of the year

In 2020 net income for the year on all funds was £7,461 – compared to the previous year’s net expenditure of £25. The budget for the year was to achieve net expenditure of £23,497. Although this is a far better result than anticipated, it is primarily due to Covid. We have had help from Government in respect of staff salaries and due to social distancing, reduced services and no singing our costs were significantly reduced. When the Parish Administrator resigned it was decided not to replace this position as there was little to do and what has been required has been done by the Churchwardens and volunteers. We were also in receipt unexpected legacies of £10,500.

There was net income on the General Fund of £4,783 (before Investment gains), net income on Designated Funds of £548 and net income on Restricted Funds of £2,131.

Year on year total income reduced from £155,000 to £124,000 in 2020 and total expenditure reduced from £155,000 to £116,000.

General Fund

Planned giving (including gift aid) in 2020 reduced to £72,000 from £77,000 in 2019. We are very grateful to all who give regularly in this way and so generously. Unfortunately this no longer covers our Parish share.

There were two legacies in 2020 totalling £10,500 (£11,000 in 2019).

Activities for generating funds include the letting of the hall were much reduced due to Covid restrictions.

During 2020 All Saints continued to make charitable donations out of church funds in response to the appeal by the East Elmbridge Foodbank to its sponsoring churches. We make a monthly contribution to support their activities.

The Parish share continues to rise. In 2020 it was reduced from £85,517 to £79,000 due to grants from the Diocese to assist parishes during Covid lockdowns (2019 £80,000). The share is used by the Diocese principally to pay the stipends and pensions of clergy, as well as to provide new churches, maintain vicarages, pay the costs of running the diocese and make a contribution towards the costs of running the National Church. In 2021 we have been advised that it will remain at the original 2020 level of £85,517.

A second phase of the People’s Path was laid and this generated additional funds of £2,573.

Designated Funds – we have five funds – the Memorial Gift Fund, the Fabric Maintenance Fund, the General Reserve Fund, the Lunch Club Fund and the Gift Day 2017 Fund.

5

Restricted Funds - these funds accumulate monies which have been given to the church for identified purposes and cannot be used for any other purposes.

This fund is tracked in detail to ensure that the individual grantors and donor’s wishes are met.

Endowment Funds – This year the endowment funds made a gain of £11,292. (2019 – £25,790)

Balance Sheet - Although we have in aggregate over £214,00 (2019 £196,000) of funds shown on our Balance Sheet, 80% of this is in the form of the Endowment Funds leaving the parish with £40,000. We can use the income from the Endowment Funds for general unrestricted purposes but we are unable to use the capital of the funds .

Current Financial Position

Once again, our current financial position is precarious. We have very little free cash and we have not paid the full Parish share this year nor the previous two although this has been accrued in the accounts. In some ways we have been helped by Covid and the closure of the church but this is not how we would wish to operate going forward.

There is very little more that we can cut from expenditure and we need to increase our income in whatever way we can to maintain our church going forward.

Investment Policy

Monies held by the PCC are placed in current accounts at National Westminster Bank PLC, CAF Bank Ltd and in a deposit account at the CBF Church of England Deposit Fund run by CCLA Investment Management Limited. The endowment funds, the income of which is paid to the PCC, are held in the CBF Church of England Investment Fund, a mixed investment fund.

This is in accordance with the investment policy agreed by the PCC.

6

Reserves Policy

The general policy of the PCC is to hold sufficient reserves in unrestricted and designated funds to ensure that the activities of the church can be funded on an on-going basis. The PCC believes that uncommitted funds equivalent to three month’s expenditure should be held.

At the end of 2020, the General and Designated Funds balances stood at £30,000. Although, based on 2020 expenditure, this would be three month’s expenditure, because 2020 was such an unusual year and the church was effectively hardly functioning, it is not currently a good measure to take.

In 2021 there is evidence that some planned giving has been cut and as we cannot reduce our expenditure further our only option is for greater fundraising when we are able, or to increase planned giving.

Risk Assessment

Following guidance from the Church of England and Guildford diocese we conducted a Covid19 risk assessment in March 2020 and drew up a strategy for All Saints covering both the church and the church hall. These are on display at the entrance to both buildings.

Other health and safety reports will be completed following our quinquennial inspection and Archdeacons visitation postponed from last year.

On behalf of the Parochial Church Council

Signed

22 March 2021

7

ALL SAINTS WESTON 2020

STATEMENT OF FINANCIAL ACTIVITIES
General
Designated Restricted Endowment
FOR THE PERIOD ENDED 31 DECEMBER 2020
Fund
Funds
Funds
2020
2019
Note
INCOME AND ENDOWMENTS
£
£
£
£
£
£
Voluntary Income
2(a)
102,155
703
2,944
105,802
113,038
Activities for generating funds
2(b)
11,166
0
0
11,166
33,810
Income from investments
2(c)
5,081
24
41
5,145
4,947
Church activities
2(d)
2,047
2,047
3,066
Other income
0
0
429
TOTAL INCOME
120,450
727
2,984
0
124,161
155,289
All Funds
~~ne~~		 STATEMENT OF FINANCIAL ACTIVITIES
General
Designated Restricted Endowment
FOR THE PERIOD ENDED 31 DECEMBER 2020
Fund
Funds
Funds
2020
2019
Note
INCOME AND ENDOWMENTS
£
£
£
£
£
£
Voluntary Income
2(a)
102,155
703
2,944
105,802
113,038
Activities for generating funds
2(b)
11,166
0
0
11,166
33,810
Income from investments
2(c)
5,081
24
41
5,145
4,947
Church activities
2(d)
2,047
2,047
3,066
Other income
0
0
429
TOTAL INCOME
120,450
727
2,984
0
124,161
155,289
All Funds
~~ne~~
EXPENDITURE
Church activities
3		 115,563
179
854
116,595
155,314
Raising Funds 104
0
0
104
0
TOTAL EXPENDITURE 115,666
179
854
0
116,699
155,314
NET INCOME / (EXPENDITURE) BEFORE
4,783
548
2,131
0
7,461
(25)
INVESTMENT GAINS
Net Gains / (Losses) on investments
11,292
11,292
25,790
NET INCOME / (EXPENDITURE)
4,783
548
2,131
11,292
18,753
25,765
TRANSFER BETWEEN FUNDS (net)
2,573
0
(2,573)
0
0
NET MOVEMENT IN FUNDS
7,356
548
(443)
11,292
18,753
25,765
~~HER~~
TOTAL FUNDS BROUGHT FORWARD
11,668
11,304
9,576
163,527
196,075
170,310
TOTAL FUNDS CARRIED FORWARD
19,025
11,852
9,133
174,819
214,829
196,075
~~= s====~~
~~— ft~~
~~		 ~~
~~
BALANCE SHEET AS AT 31 DECEMBER 2020
FIXED ASSETS
Church Hall Furniture
Cost
Depreciation
Investments
Total fixed assets
CURRENT ASSETS
Debtors
Tax refunds due
Prepayments		 General
Designated Restricted Endowment
Fund
Funds
Funds
Funds
2020
2019
£
£
£
£
£
£
3,800
3,800
3,800
(3,800)
(3,800)
(3,800)
174,819
174,819
163,527
0
0
0
174,819
174,819
163,527
10,474
0
0
10,474
1,325
4,876
0
0
4,876
5,463
0
0
0
0
0
All Funds
~~_
15,350
0
0
15,350
6,788
Cash at bank
Bank current accounts 57,403
4,941
4,462
66,805
50,523
CBF Deposit Fund 38,461
6,910
4,672
50,043
50,043
Total cash
TOTAL CURRENT ASSETS
LIABILITIES
Creditors		 95,864
11,852
9,133
116,849
100,567
111,214
11,852
9,133
0
132,199
107,354
92,189
0
0
0
92,189
74,806
~~Saeeee~~
NET CURRENT ASSETS/(LIABILITIES)
TOTAL NET ASSETS		 19,025
11,852
9,133
0
40,010
32,548
19,025
11,852
9,133
174,819
214,829
196,075
~~——~~
PARISH FUNDS
19,025
11,852
9,133
40,010
32,548
Parish Funds 2019
11,668
11,304
9,576
~~SS~~
~~ee~~
~~ee~~
~~ee~~
~~ee~~
~~DC~~

The notes on pages 8 to 12 form part of these accounts. Details of the individual funds are set out in Note 10

Approved by the Parochial Church Council on 22 March 2021

Signed Chairman Qs

Signed Treasurer

8

Notes to the Financial Statements

1. ACCOUNTING POLICIES

The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations “true and fair view” provisions. They have been prepared under FRS 102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice, Accounting and reporting by Charities (SORP(FRS102)).

The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value as at 31[st] December. The accounts 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.

Funds

Endowment funds are funds, the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending on the purpose for which the endowment was established.

Restricted funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific purpose or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.

Unrestricted funds are general funds which can be used for PCC ordinary purposes. Funds designated for a particular purpose by the PCC are also unrestricted.

Income and Endowments

Planned giving, collections and donations are recognized when received. Tax recoveries are recognized when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends and interest are accounted for when receivable. All other income is recognized when it is receivable. All income is accounted for gross.

Expenditure

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received for mission are dealt with as restricted funds. All other expenditure is generally recognized when it is incurred and is accounted for gross.

Fixed assets

Consecrated and beneficed property is not included in the accounts in accordance with the Charities Act 2011 s102 and (c).

No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice land, buildings including fixtures and fittings attached thereto and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the Statement of Financial Activities and separately disclosed (see Note 4).

9

ALL SAINTS WESTON 2020

ALL SAINTS WESTON 2020
SOFA
FOR THE YEAR ENDED 31 DECEMBER 2020
Note		 General
Fund
£		 Designated
Funds
£		 Restricted
Funds
£		 Endowment
Fund
£		 Total Funds
2020
£		 2019
£
2. INCOME & ENDOWMENTS
Voluntary Income
Planned Giving
Planned Giving GAYE
Tax Recovery on Planned Giving
Collections
Tax Recovery on Collections
Donations incl Tax Recoveries
Grants
Legacies
2(a)
Activities for generating funds
Church hall hire (incl Jennings Rm)
Donations for use of church
Magazine advertising
Trading activities
Bookstall
Refreshments
Fundraising
2(b)
Income from investments
Bank Interest
Dividends and interest
2(c)
Income from church activities
Fees (weddings, funerals etc)
2(d)
Other income
Total income		 57,236
1,380
13,858
2,064
343
7,917
8,857
10,500		 0
0
0
0
0
203
500
0		 0
0
0
0
0
2,944
0
0		 57,236
1,380
13,858
2,064
343
11,063
9,357
10,500		 60,794
1,380
14,930
7,864
2,676
11,258
3,136
11,000
102,155 703 2,944 105,802 113,038
10,185
0
0
0
0
4
977		 0
0
0
0
0
0
0		 0
0
0
0
0
0
0		 10,185
0
0
0
0
4
977		 32,004
100
0
0
0
0
1,706
11,166 0 0 11,166 33,810
174
4,907		 24
0		 41 238
4,907		 183
4,764
5,081 24 41 5,145 4,947
2,047
0		 0
0		 0
0		 2,047
0		 3,066
429
120,450 727 2,984 0 124,161 155,289
3. EXPENDITURE
Church activities
Grants to Missions and Relief Agencies
8
Ministry Parish share
Other Ministry
Training
Children, Young People and Families
Parish Mission
Property running expenses & maintenance
Church/Churchyard
Church Hall
Vicarage
Administration
Communications incl Website
Governance Costs
Sundry
Raising Funds
Total expenditure		 480
78,950
2,022
0
4,186
0
5,861
12,782
385
10,759
0
0
138		 0
0
0
0
0
179
0
0
0
0
0
0
0		 0
0
0
0
0
319
0
535
0
0
0
0
0
0		 480
78,950
2,022
0
4,506
179
6,396
12,782
385
10,759
0
0
138		 480
79,435
17,773
430
7,976
1,114
18,840
9,050
1,577
17,685
558
78
318
115,563 179 854 116,595 155,314
104 0 0 104 0
115,666 179 854 0 116,699 155,314
NET INCOME / (EXPENDITURE) BEFORE
INVESTMENT GAINS
Net Gains / (Losses) on investments
NET INCOME / (EXPENDITURE)
TRANSFER BETWEEN FUNDS (net)
NET MOVEMENT IN FUNDS		 4,783 548 2,131 0 7,461 (25)
0 0 0 11,292 11,292 25,790
4,783
2,573		 548
0		 2,131
(2,573)		 11,292
0		 18,753
0		 25,765
0
7,356 548 (443) 11,292 18,753 25,765
BALANCES BROUGHT FORWARD AT 1 JANUARY 2020(2019)
BALANCES CARRIED FORWARD AT PERIOD END		 11,668 11,304 9,576 163,527 196,075 170,310
19,025 11,852 9,133 174,819 214,829 196,075

10

Notes to the Financial Statements (cont.)

Analysis of 2019 (prior year) Income & Expenditure General
Fund
£		 Designated
Funds
£		 Restricted
Funds
£		 Endowment
Fund
£		 Total Funds
2019
£
2. INCOME & ENDOWMENTS
Voluntary Income
Planned Giving
Planned Giving GAYE
Tax Recovery on Planned Giving
Collections
Tax Recovery on Collections
Donations incl Tax Recoveries
Grants
Legacies
Activities for generating funds
Church hall hire (incl Jennings Rm)
Donations for use of church
Magazine advertising
Trading activities
Bookstall
Refreshments
Fundraising
Income from investments
Bank Interest
Dividends and interest
Income from church activities
Fees (weddings, funerals etc)
Other income
Total income		 60,794
1,380
14,930
7,864
2,676
6,273
3,136
10,590		 0
0
0
0
0
810
0
0		 0
0
0
0
0
4,175
0
410		 60,794
1,380
14,930
7,864
2,676
11,258
3,136
11,000
107,643 1,406 4,585 113,038
32,004
100
0
0
0
0
1,706		 0
0
0
0
0
0
0		 0
0
0
0
0
0
0		 32,004
100
0
0
0
0
1,706
33,810 0 0 33,810
122
4,764		 21
0		 40 183
4,764
4,886 21 40 4,947
3,066
429		 0
0		 0
0		 3,066
429
149,833 831 4,625 0 155,289
3. EXPENDITURE
Church activities
Grants to Missions and Relief Agencies
Ministry
Parish share
Other Ministry
Training
Children, Young People and Families
Parish Mission
Property running expenses & maintenance
Church/Churchyard
Church Hall
Vicarage
Administration
Communications incl Website
Governance Costs
Sundry
Raising Funds
Total expenditure		 480
79,435
16,830
430
7,519
0
8,810
9,050
1,577
17,473
558
78
318		 0
0
0
0
0
1,114
0
0
0
0
0
0
0		 0
0
0
943
0
457
0
10,030
0
0
213
0
0
0		 480
79,435
17,773
430
7,976
1,114
18,840
9,050
1,577
17,685
558
78
318
142,557 1,114 11,643 155,314
0 0 0 0
142,557 1,114 11,643 0 155,314

11

Notes to the Financial Statements (cont.)

4. EXPENSED MAJOR WORKS

In accordance with the accounting policies the following projects have been expensed

Church / Churchyard
Church Hall
5. a) STAFF COSTS
Salaries - Gross
Social security costs
Pension costs		 Lighting
General Fund
Restricted
Funds
£
£		 Lighting
General Fund
Restricted
Funds
£
£		 2020
2019
£
£
0
0
8,421
0		 2020
2019
£
£
0
0
8,421
0
8,421 0
2020
2019
£
£
10,200
0
185		 10,200
0
185		 18,622
0
410
10,385 0 10,385 19,032

No employee received more than £60,000 in the year.

Throughout the year the PCC employed 2 members of staff During the year the office administrator resigned and has not been replaced.

The average number of employees was 1.5 (2019 the average was 1.8).

All Saints employed the equivalent of 0.5 full-time staff (2019 the FTE was 0.93)

b) PAYMENTS TO PCC MEMBERS

Revd. Shane Wood was paid £0 (2019 - £735) during the year as reimbursement of expenses incurred by him.

Mrs J Tilbury was paid £199 (2019 - £0) during the year as reimbursement of expenses incurred by her.

c) PAYMENTS TO PERSONS CLOSELY CONNECTED TO PCC MEMBERS OR RELATED PARTIES

During the year no payments were made to persons connected to PCC members or related parties (2019 £4,112)

d) DONATIONS TO THE PCC BY THE TRUSTEES AND RELATED PARTIES

In 2020 these donations amounted to £13,160 (2019 £13,974)

6. DEBTORS
Debtors and prepayments
Tax recoverable
7. CREDITORS
HMRC - Income tax and NI
Due to Diocese - Fees
- Associate Minister
Other creditors and accruals		 General
Designated
Restricted
Fund
Funds
Funds
2020
2019
£
£
£
£
Total Funds		 General
Designated
Restricted
Fund
Funds
Funds
2020
2019
£
£
£
£
Total Funds		 General
Designated
Restricted
Fund
Funds
Funds
2020
2019
£
£
£
£
Total Funds		 General
Designated
Restricted
Fund
Funds
Funds
2020
2019
£
£
£
£
Total Funds		 General
Designated
Restricted
Fund
Funds
Funds
2020
2019
£
£
£
£
Total Funds
10,474
4,876		 0
0		 0
0		 10,474
4,876		 1,325
5,463
15,350 0 0 15,350 6,788
General
Designated
Restricted
Fund
Funds
Funds
2020
2019
£
£
£
£
Total Funds
(583)
0
0
92,772		 0
0
0
0		 0
0
0
0		 (583)
0
0
92,772		 (807)
0
0
75,613
92,189 0 0 92,189 74,806

12

Notes to the Financial Statements (cont.)

8. CHARITABLE GIVING

a) Grants made by the PCC to East Elmbridge Foodbank

2020 2019 £ £ 480 480

b) In accordance with the Statement of Recommended Practice the accounts exclude any moneys collected by the church and given to charities. Such moneys include collections for specific causes and the proceeds of fund-raising events undertaken for specific charitable causes.

Under this heading the funds raised by the PCC were 2020 2019 £ £ Nil Nil

9. INVESTMENTS

These funds represent donations to the Church which were required to be invested so that the income is applied for Church purposes. The original gifts totalled approximately £8,000, and were received during the years 1923 to 1991. The funds are now held in the form of 8,550 shares in the CBF Church of England Investment Fund - Income Shares. The dividends are paid into the General Fund.

The donors and the respective numbers of shares are:
Florence Fayers
Mary Robinson
Randall Endowment
Mary Rees
William Calvert
Permanent Endowment Funds (Consolidated)
Mid market value 1 January
Increase/(decrease) in capital value
Mid market value 31 December
Year on year change in value
The change in share values during the year reflect the changes in
Dividends received for year		 364
2,784
754
4,562
86
8,550
2020
2019
£
£		 364
2,784
754
4,562
86
8,550
2020
2019
£
£
163,527
11,292		 137,737
25,790
174,819 163,527
6.9%
18.7%
world stock and bond markets.
£4,907
£4,764

Notes to the Financial Statements (cont.)

10. FUNDS The General Fund is unrestricted. The purpose of each of the other funds is set out in the Annual Report.

SUMMARY OF FUND MOVEMENTS
Unrestricted funds
General
Designated funds
General Reserve
Fabric Maintenance
Lunch Club
Gift Day 2017
Memorial Gift
Restricted funds
Garden of Remembrance
Phoebe Berchem
Special Projects
Vicar's Discretionary
Youth Video & Photography
Associate Minister
Archive Project
People's Pathway
Youth Work
Endowment fund
Total Funds		 Balance as at 01
January 2020
Total Income
Total
Expenditure
Investment
Gains /
(Losses)
Transfers
(Net)
Balance as at 31
December 2020
£
£
£
£
£
£		 Balance as at 01
January 2020
Total Income
Total
Expenditure
Investment
Gains /
(Losses)
Transfers
(Net)
Balance as at 31
December 2020
£
£
£
£
£
£		 Balance as at 01
January 2020
Total Income
Total
Expenditure
Investment
Gains /
(Losses)
Transfers
(Net)
Balance as at 31
December 2020
£
£
£
£
£
£		 Balance as at 01
January 2020
Total Income
Total
Expenditure
Investment
Gains /
(Losses)
Transfers
(Net)
Balance as at 31
December 2020
£
£
£
£
£
£		 Balance as at 01
January 2020
Total Income
Total
Expenditure
Investment
Gains /
(Losses)
Transfers
(Net)
Balance as at 31
December 2020
£
£
£
£
£
£		 Balance as at 01
January 2020
Total Income
Total
Expenditure
Investment
Gains /
(Losses)
Transfers
(Net)
Balance as at 31
December 2020
£
£
£
£
£
£
11,668
556
1,615
1,451
0
7,682
1,124
1,867
5,919
0
0
0
287
379
0
163,527		 120,450
0
0
703
0
24
0
0
31
0
0
0
0
2,954
0
0		 (115,666)
0
0
(179)
0
0
0
(319)
0
0
0
0
0
(535)
0
0		 11,292 2,573
0
0
0
0
0
0
0
0
0
0
0
0
(2,573)
0
0		 19,025
556
1,615
1,975
0
7,705
1,124
1,548
5,949
0
0
0
287
225
0
174,819
196,075 124,161 (116,699) 11,292 0 214,829

Details of the Endowment Funds are set out in Note 9 above

SUMMARY OF ASSETS BY FUND
Unrestricted funds
Designated funds
Restricted funds
Endowment fund		 Fixed Assets
Current Assets
Total
Falling Due
Falling Due
in one year
after one year
£
£
£
£
£
Liabilities		 Fixed Assets
Current Assets
Total
Falling Due
Falling Due
in one year
after one year
£
£
£
£
£
Liabilities		 Fixed Assets
Current Assets
Total
Falling Due
Falling Due
in one year
after one year
£
£
£
£
£
Liabilities		 Fixed Assets
Current Assets
Total
Falling Due
Falling Due
in one year
after one year
£
£
£
£
£
Liabilities		 Fixed Assets
Current Assets
Total
Falling Due
Falling Due
in one year
after one year
£
£
£
£
£
Liabilities
0
0
0
174,819		 111,214
11,852
9,133
0		 (92,189)
0
0
0		 0
0
0
0		 19,025
11,852
9,133
174,819
174,819 132,199 (92,189) 0 214,829

11. ROUNDING

All numbers in the underlying accounts are kept to two decimal places. Because of rounding, numbers may appear not to add up. Thus £1.40 and £1.40 will appear as £1 and £1 but the total will be £3.

13

Independent Examiner’s Report to the Trustees, Parochial Church Council of All Saints Weston

I report to the charity trustees on my examination of the accounts of the Parochial Church Council for the year ended 31st December 2020.

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 accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner's Statement

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 materiel respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of the 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.

David Wall FCCA 20 Springfield Road Ash Vale, Aldershot, Hampshire GU12 5EN

22 March 2021

14