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2020-12-31-accounts

REGISTERED CHARITY NUMBER: 1127847

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

FOR

PAROCHIAL CHURCH COUNCIL OF EAST HAM

TEAM MINISTRY

Brindley Millen Ltd Chartered Accountants and Statutory Auditors 167 Turners Hill Cheshunt Hertfordshire EN8 9BH

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 December 2020

Page
Report of the Trustees 1 to 13
Report of the Independent Auditors 14 to 15
Statement of Financial Activities 16
Balance Sheet 17
Notes to the Financial Statements 18 to 29
Detailed Statement of Financial Activities 30 to 31

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

REPORT OF THE TRUSTEES for the Year Ended 31 December 2020

The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).

There are 3 active churches in the Parish:

St Bartholomew's Church and Centre, 292b Barking Road, London E6 3BA

St Edmund, Forest Gate, 464 Katherine Road, London E7 8NP

St Mary Magdalene 1 Norman Road London E6 6HN

The Church is also responsible for the building at:

St Albans Church and Christian Centre, 157a Wakefield Street London E6 1LG. This was leased on a long-term basis to the Pre-School Learning Alliance until the 1st August 2018. It has been empty since then, with the knowledge and support of our insurers and a prospective tenant was in the process of moving in at the end of 2020.

The Parish of Holy Trinity East Ham is part of the Diocese of Chelmsford in the Church of England. The correspondence address is: The Parish Office, St Bartholomew's Church and Centre, 292b Barking Road London E6 3BA.

Website: http://easthamparish.org.uk

OBJECTIVES AND ACTIVITIES

Aims and Purposes

The Parochial Church Council (PCC) of Holy Trinity, East Ham has the responsibility of co-operating with the Team Rector, the Reverend Dr Sue Lucas, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.

The PCC is also specifically responsible for the maintenance of the various buildings in the Parish: the Parish Church of St Mary Magdalene, Norman Road, St Bartholomew's Church and Centre, Barking Road, St Edmund, Forest Gate, Katherine Road. It in addition holds some responsibilities as freeholder for St Alban's 157a Wakefield Street London E6 1LG and for Fellowship House within the St Bartholomew's site.

Objectives and Activities

The general functions of PCCs are stated within section 2 of the Parochial Church Councils (Powers) Measure 1956.

The PCC is committed to enabling as many people as possible to worship at the Churches in the Parish and to become part of this community of faith. The PCC maintains an overview of worship in the Parish and discusses how our services can involve the many groups that live within our parish.

Our worship puts faith into practice through prayer and scripture, music, sacrament and a wide variety of service to the whole community.

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PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

REPORT OF THE TRUSTEES for the Year Ended 31 December 2020

OBJECTIVES AND ACTIVITIES Public benefit

When planning the activities for the year, the Team Rector, Ministry Team and PCC have considered the Charity Commission's guidance on public benefit, and in particular, the specific guidance for charities for the advancement of religion. In particular, we try to enable people to live out their faith as part of our parish community through:

To facilitate this, it is important that we maintain the fabric of the various buildings around the parish.

In 2020 we:

More detailed description of some of these activities follows later in this report.

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PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

REPORT OF THE TRUSTEES for the Year Ended 31 December 2020

OBJECTIVES AND ACTIVITIES

Volunteers

We should like to thank all those who work so hard to make our Parish the lively and vibrant community that it is.

In particular, we want to mention the Churchwardens and Treasurers in all the Churches, the Parish Wardens and Treasurer, all the members of the PCC and DCCs, the ministry team, the altar servers, choir members, organists, Sunday School teachers, and the huge number of people who have given so generously of time, talents and resources to enable this Parish to go on being God's holy, catholic and apostolic church in this place, to be God's people in God's mission, and to care for our buildings.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

Church Attendance

The average weekly attendance counted during October 2020 was: St Bartholomew: 21 St Edmund: 6 St Mary Magdalene: 30

Electoral Roll

2021 is a not a new Electoral Roll year. The Electoral Roll as revised for the Annual Meeting 2021 is as follows:

St Bartholomew: Resident: 16 Non-resident:22 Total = 38

St Edmund: Resident: 8 Non-resident 13 Total = 21

St Mary Magdalene: Resident: 25 Non-resident 38 Total = 63

This makes a total of 122 for the parish, of whom 49 are resident and 73 are non-resident

Pastoral Care

Pastoral care, by definition, had to be different in 2020 to comply with COVID-19 regulations. Baptisms were suspended during the three total lockdowns in 2020. Weddings and funerals could continue with some restrictions.

There was 1 baptism in 2020.

There were 2 weddings in the Parish in 2020.

2 funerals were held in Church, and 20 were taken by the clergy on behalf of the Parish at crematoria, cemeteries, or a simple committal.

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PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

REPORT OF THE TRUSTEES for the Year Ended 31 December 2020

ACHIEVEMENT AND PERFORMANCE Church Fabric & Buildings

St Bartholomew:

A quinquennial inspection was carried out on 04.04.2019 and identified the following priorities:

St Edmund

The work on the outside of the building highlighted in the 2016 Quinquennial was all completed by the end of 2019. There have been two repairs to the roof during the winter and some missing pigeon spikes have been replaced, apart from general maintenance the building has remained in good order.

St Mary Magdalene:

This year was unlike any year in living memory because of the coronavirus. Despite this, we still managed to do some work on the church fabric. We used the opportunity to bring forward the work on the Church organ which was taken away to Harrison and Harrison for four months from June 2020. The wall behind the organ was also repaired along with the electrics. While the organ was away we placed a time capsule behind the organ for future generations to discover. The organ is now working well and the works have made a huge improvement to the sound.

St Mary's Church Hall:

The hall floor has been repolished twice during the year. The gutters had to be cleared and some work carried out on them. Some adjustments had to be made to the self-closing taps and the sensor in the men's toilet. A new smoke alarm was fitted in the kitchen Repairs were carried out to the outside wall. The lockdown was the opportunity to sort out the rubbish that had accumulated over the years, 14 big dustbins of it. Now the parish room and store cupboard are much more accessible. We also cleared the weeds from around the hall.

The nursery had to close down for part of the year because of the restrictions but is now up and running again.

St Alban's Christian Centre

The following work was undertaken in 2020:

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PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

REPORT OF THE TRUSTEES for the Year Ended 31 December 2020

ACHIEVEMENT AND PERFORMANCE

Vicarages

Both vicarages in the parish and 2 Norman Road received their quinquennial inspections in 2020, and significant works carried out as a result.

Fellowship House

As Fellowship House is not a Church or Vicarage, it is not eligible for a Quinquennial report. However, a Condition Survey was commissioned and presented in 2016 by Ian Simpson MBA CBIFM, at that time Heritage Support Officer in the Diocese of Liverpool.

The Report identified the following works at Priority 1 (urgent):

The following works were undertaken in 2020:

Report on the Work of the Newham Deanery Synod

There were 4 meetings planned for the Deanery Synod (11th February, 17th June, 17th September and 10th November) in 2020, however, because of the pandemic, the June and September meetings did not take place. The 11th February meeting was the last meeting to take place in person. 2020 was Deanery Synod election year, so the 10th November meeting was the first meeting of the new Synod Triennium, and took place by Zoom.

The meeting on 11th FEBRUARY 2021 (at St Saviour Forest Gate) saw a presentation on the new curriculum for sex and relationships education and how the planning for this national statutory change plays out in the context of Newham. The speakers were Claire Clinton, who advises on RE and Jo Sell who is an Honorary Research Associate at UCL Institute of Education and a Relationship and Sex Education Adviser and Teacher Trainer who are leading the consultation process in Newham. Their work so far has included:

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PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

REPORT OF THE TRUSTEES for the Year Ended 31 December 2020

ACHIEVEMENT AND PERFORMANCE

The meeting on 10th NOVEMBER was the first meeting of the new triennium and was held by Zoom. Revd Merrin Playle, Assistant Area Dean, introduced the Deanery church by church in pictures. Revd Sue Lucas, Assistant Area Dean provided an introduction to Synodical governance. Revd Canon Dave Chesney, Area Dean, and Canon Shirley Biro, Lay Chair, introduced significant issues for the deanery, in particular:

Development of Opportunities for prayer, reflection and faith sharing

St Bartholomew's:

The pattern of worship on Sundays is based around the Eucharist. The October count for our main Sunday service was considerably down this year because of COVID 19 restrictions, but when live worship was allowed, numbers though lower were relatively stable. We began live-streaming Sunday and Thursday services initially from the Rectory and then when possible from the Church, and in fact, our online following has grown, the Sunday services sometimes getting over 100 'views.' The Sunday Eucharist follows the lectionary readings, and preaching is generally on the Gospel of the day and explicitly related to features of contemporary life.

We have also run two Bible Studies on Zoom, one on the Psalms of Ascent and one on the Book of Ruth. These were faithfully attended and were a good opportunity to delve more deeply into the faith.

We have developed a rhythm of morning prayer on Zoom from Sundays- Thursdays. This has been faithfully attended by people from across and beyond the parish and has given a number of lay people opportunities to lead worship.

Our Patronal in September was a joyous occasion for the whole parish, and we were able to hold it in person. The preacher was Revd Canon Paul Nener, now retired but formerly Vicar of St John, Tuebrook in the Diocese of Liverpool.

We enjoy good relationships with local schools, and in 2020, we again hosted the Experience Easter event for Nelson School just before the first lockdown.

St Edmund's:

During the course of the year the Sunday Eucharist has been streamed via Facebook and You Tube. At various points during the year when St Edmund's was open for public worship only nine people could be accommodated but it was only on one occasion that this number was reached. We have appreciated the prayer resources that have been sent and helped us to feel connected to the parish.

We were very sorry to say goodbye to The United Pentecostal Church of Europe who have now found more suitable accommodation. We wish them well and they will be much missed for their enthusiasm and skill at changing light bulbs.

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PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

REPORT OF THE TRUSTEES for the Year Ended 31 December 2020

ACHIEVEMENT AND PERFORMANCE

St Mary Magdalene:

During the many months of lockdown , we created a YouTube Channel, St Mary Magdalene, East Ham. This has been a great success with our weekly services and other bits and pieces put up on the channel. Our most popular video so far has been the eucharist of Candlemass which has attracted over 330 viewings.

We also opened up the church as soon as we were legally able to do so as some people cannot access the internet and therefore this has been a lifeline to them. We thank all the clergy who have enabled this to happen during this difficult time.

To be able to keep in touch with the congregation during the pandemic the clergy tried to visit every member of the congregation and also create a WhatsApp group. There are parts of this electronic medium that we hope will continue into the future.

Parish

COVID restrictions this year have set a limit on the number of joint services. However, we were able to celebrate Trinity Sunday and St Mary Magdalene by holding joint services on YouTube, with different contributions coming from different geographical locations. We were able to keep St Bart's patronal in person at the beginning of September between the lock-downs. Revd Marco Lopes was ordained priest at a socially distanced, limited numbers service at St John, Stratford on Saturday 26th September, and others were able to join us on YouTube. Fr Marco's celebrated mass for the first time on 27th September in a joint parish Eucharist at St Bart's, and the preacher was Revd Canon Pat Mossop.

Planning and Development of Fundraising Activities

St Bartholomew's:

We were able to hold the by-now customary Burns Night in January, to which many people gave generously in many ways. Money from the Burns Night went to homelessness charities. No further fundraising events were possible, although the Rector offered her book, published this year by Canterbury Press, for sale in aid of general parish funds.

St Edmund's:

The usual opportunities for fundraising were unable to take place this year because of the restrictions in place because of the pandemic.

St Mary's:

Sadly, many of the social and fundraising activities that usually take place at St Mary's had to be cancelled during this year because of the pandemic. We did however, do a remotely run Christmas Raffle.

Exploration of Eucharistic and Social Life in ways which lead to growth opportunities

Parish:

Despite, and even because of, the restrictions of the pandemic, we have continued to reflect prayerfully on our various activities. This included the compilation of a parish 'Lock-Down Scrap Book,' containing photographs and reflections from across the parish about our personal and collective experience of lock-down - the beginnings of a theological reflection on a very strange time.

We continue to reflect on ways as a parish we can grow in faith and in numbers.

St Bartholomew's:

We continue to serve God and our community both through our own activities and by the hospitality we offer to other organisations.

The café has, of course, been important in our outreach to the community, however, for much of the time from March - December, it had to close due to COVID restrictions. This forced us to rethink how we do hospitality and mission. So, when the café was able to open for a few weeks in September, a much simpler food offer and shorter hours still allowed us to welcome people into the space and to provide much needed social contact. When community centres could open but hospitality could not, we were able to allow various groups - Knit and Natter, Scrabble etc to meet and have access to tea and coffee. We have begun to form a relationship with the local WI who hosted a couple of coffee mornings during this time and are keen to build on this as restrictions lift.

In addition, at St Bart's, we offer hospitality, either through long term leases or short term room hire for particular events, to many other organizations that promote the values of the Kingdom of Heaven. In particular, we continue to have the St Bart's Surgery on our site, so that healthcare needs for the local community are provided here. The Surgery of course remained open throughout the pandemic and also provided the parish with much-needed stable income.

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PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

REPORT OF THE TRUSTEES for the Year Ended 31 December 2020

ACHIEVEMENT AND PERFORMANCE

The Learning Circle, a sessional day nursery, was closed at the beginning of lock down but began to open in early June and has continued to run ever since.

In the Summer, we were able to offer space to the Newham Academy of Music for two music summer schools, one with very young children and one with slightly older children.

Community Counselling were using our rooms on weekdays and evenings, but BACP Guidelines have meant they have moved their offer online for the time being. We are in touch with them, and the hope on both sides is that they will again begin to use our facilities when restrictions lift. The situation is the same with Alcoholics Anonymous and Narcotics Anonymous meetings and a MIND Bereavement Group, and all the uniformed organizations that are represented at St Bart's, Rainbows, Brownies, Guides, Beavers Cubs, Scouts and Explorers. As and when restrictions lift, we hope to be able to welcome most of these back. As we approached the end of the year,

Together 2012, a disability arts charity that moved into building late in 2019 unfortunately had to take the very difficult decision to move out; given the nature of their client group, face-to-face work proved impossible, and is likely to be for the foreseeable future. We hope, however, that in the fullness of time, there might be new possibilities for working together. We are actively seeking tenants for the Cecilia Room they vacated.

St Edmund's:

The Monega Association meetings have not been able to take place this year because of the restrictions in place because of the pandemic.

St Mary's

The Nature Reserve around the church in 2020 was not managed particularly well by the London Borough of Newham despite numerous meetings and emails. There was a particular increase in drug use and homeless people using the reserve. In early 2021 there was a new management team appointed and this has already delivered real improvements in the state of nature reserve. We hope this will lead to a much improved environment and use of the reserve.

FINANCIAL REVIEW

Financial position

The PCC, as Trustees of the charity, have acted responsibly in managing the charity's financial affairs.

Parish:

Giving (especially loose-plate collections) was down to £25K (from £33K in 2019) probably because of the pandemic. Parish Share, Ministers' and organist's expenses totalled £75K giving the expected deficit of £47K.

This is made up by levies on the other cost centres. St. Mary's contributed £5K, St. Edmunds £2.5K, Fellowship House £17K and Bart's Centre £21K.

The Parish as a whole received about £40K in dividends but £30K was into the restricted Millennium Fund.

The value of the Parish's investments increased by about £87K, again mainly through the Millennium Fund.

The overall value of all the Parish's assets increased by £5K.

St Bartholomew's:

Owing to the Covid-19 lockdown income was down by about 30%. Expenditure was down as well, however, as staff salary costs were substantially met by the Government's furlough scheme. So the Centre ended the year with a surplus.

St Edmund's:

Due to the loss of regular lettings the only income since March has been a small amount from the Pre-School. We are now being supported partly by the Parish and partly using some of our reserves. It has become evident that St Edmund's in its current form is no longer viable and we need to be open to new opportunities. We are thankful for those who have continued to give regularly via the envelope scheme.

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PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

REPORT OF THE TRUSTEES for the Year Ended 31 December 2020

St Mary's:

St Mary's Hall

INCOME

The account is showing a deficit because of the circumstances which have prevailed since March. The Nursery used the building until the first lockdown, came back briefly for a couple of months but went away again when one of their staff tested positive for the coronavirus and stayed out for the rest of the year. One Sunday group has not returned since March, and the other group have used the building only when allowed.

EXPENDITURE

The expenditure was slightly more than the previous year. Although cleaning and general maintenance costs were lower, despite the empty building, certain work to the fabric had still to be carried out well as regular pest control, insurance etc. Heating charges included the bill for last quarter of 2019, and electricity and water direct debits were increased based on previous year's usage. Owing to the difficulty in communicating with EDF and Castle Water during the lockdowns we continued to pay but are likely to receive refunds during 2020. We were asked to contribute £5,000 this year to the PCC account towards parish share.

St Mary's General Purposes Account:

Income for the year shows a small deficit as we decided to honour our charity commitments. The money from the Winter Fair (raised for Sunday school expenditure) is still in the account for safe-keeping. The usual donations to Mildmay, and USPG were made, and also a donation for the St.Saviour's Priory as we were unable to attend our annual Quiet day.

St Mary's Millennium Fund:

This is a Restricted Fund, and as usual there has been little movement in or out of the Millennium Fund this year. The main item of expenditure this year has been the works detailed in the Fabric Report for St Mary's above.

Fellowship House:

FH generates a considerable income for the Parish, £25,000 in rent (plus service charges and re-charges).

FHCC remained in session throughout the pandemic, so income was stable at £30K and expenditure was £5K giving a surplus of about £25K .

St Alban's:

The Pre School Learning Alliance, the long term tenant of St Albans, left us during 2018. We have secured a commitment from a new tenant, but expenditure was necessary as we continue to bring the building back to a useable condition prior to the new tenant, a nursery, taking possession.

Reserves policy

It is PCC policy to maintain a balance on unrestricted funds (if possible) that equates to at least two months' unrestricted payments to cover emergency situations that may arise from time to time.

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PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

REPORT OF THE TRUSTEES for the Year Ended 31 December 2020

FUTURE PLANS

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

Risk management

Risk can be defined as 'the threat that an event or action will adversely affect an organization's ability to achieve its objectives and execute its strategies'. The risks may be categorized as follows:

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PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

REPORT OF THE TRUSTEES for the Year Ended 31 December 2020

STRUCTURE, GOVERNANCE AND MANAGEMENT

The PCC of the Holy Trinity, East Ham is a body corporate and operates under the Parochial Church Councils (Powers) Measure 1956 and Church Representation Rules (2011, 2017)

The method of appointment of PCC members is set out in the Church Representation Rules. All church members are encouraged to register on the Electoral Roll and stand for election to the PCC.

From the APCM 2020, the 3 Churches in the Parish operated District Church Councils. The Church Districts were created by a pastoral measure passed by the APCM in 2018. All lay members of the PCC, whether ex-officio or elected, are thereby ex-officio members of the DCC of their home Church, and all ex-officio clergy members of PCC are ex-officio members of all DCCs. All District Church Wardens are ex-officio members of the PCC. In addition, either at or subsequent to the APCM 2020, the following lay representatives were elected to the DCCs:

St Bartholomew, East Ham: Irene Phaup, Eutal Spence,

St Edmund, Forest Gate: Helen Gilkes, Joan Boyce, Miriam Lee, Paulette Welch

St Mary Magdalene: June Bassenger, Earlene Bentley, Cassandra Gosai, John Hedges, Renuka Pepperell, Teena Preston, Dennis Pridmore, Damian Sutton, Terry Hooker, Laurine Griffiths, Ancil Griffiths, Claudette King.

PCC members receive information on trustee responsibilities, basic health and safety, risk management and safeguarding procedures.

Safeguarding

The PCC is committed to safeguarding. At its meeting on 2nd October 2019, the PCC formally adopted the recommended Promoting a Safer Church, the nationally agreed Church of England policy, which the Diocese of Chelmsford has formally adopted. Safeguarding continues to be reviewed every year, with a substantial review undertaken every five years or when the guidelines change, whichever is sooner.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1127847

Principal address

St Barts Church & Centre 292b Barking Road East Ham London London E6 3BA

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PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

REPORT OF THE TRUSTEES for the Year Ended 31 December 2020

Trustees
For the period 1st January 2020 until the date this report was approved, the following served as members of the PCC:
Team Rector Revd. Dr Sue Lucas (Chair)
Team Vicar Revd Quintin Peppiatt
Associate Clergy Revd Canon Ann Easter, Revd Fred Ashford-Okai
Assistant Curates Revd John King, Revd Marco Lopes
Parish Wardens Ms Alison Brown, Ms Mary Richards (to APM 2020 04/10/2020), Mr Philip John (from APM
2020 04/10/2020)
District Church Wardens Mrs Coraline Edwards, Mrs Laurine Griffith (to APM 2020 04/10/2020), Mr Philip John (to
APM 2020 04/10/2020), Ms Mary Richards (from APM 2020 04/10/2020), Mrs Louise
Simmons (from APM 2020 04/10/2020), Mrs Molara Tarigha (from APM 2020 04/10/2020),
Hazel Thomas
Deanery Synod Representatives Canon Shirley Biro, Mr Gordon Owens, Mr Ajith Lekshmanan (to APCM 2020 04/10/2020),
Mr Ed Williamson (to APCM 2020 (04/10/2020), Mr Nigel McCollum (from APCM 2020
04/10/2020)
Elected Membersfrom APCM Mr Andrew Biro (treasurer), Mrs Jean Mansfield, Mr Sam Ozurumba, Mrs Louise Simmons,
2019 to APCM 2020 Mrs Molara Tarigha
Elected Membersfrom APCM Mr Andrew Biro (treasurer), Mr Colin Mansfield, Mrs Jean Mansfield, Mrs Lesley Scawthorne
2020 to APCM 2021

Revd Dr Susan Lucas was appointed Team Rector, Revd Quintin Peppiatt was appointed Team Vicar and Revd Canon Ann Easter and Revd Fred Ashford-Okai were appointed Associate Ministers, by the Lord Bishop of Chelmsford. Revd John King ordained priest on 29th June 2019 by the Bishop of Barking and Revd Marco Lopes was made deacon on 14th September 2019 by the Lord Bishop of Chelmsford and ordained priest by the Acting Bishop of Chelmsford on 26th September 2020, and they are both serving their title in the parish. They are all ex-officio members of the PCC.

The Chelmsford Diocesan Board of Finance acted as Custodian Trustee for the inalienable property of the Church.

The PCC met 5 times in 2020 on 22nd January, 20th May, 15th July, 23rd September and 18th November. The March and April meetings were cancelled because of the COVID-19 pandemic, and the May, July and November meetings were by Zoom because of government and Church of England restrictions. Minutes of the PCC meetings are held in the Parish Office and are available for scrutiny if requested.

Day to day management of the Church was exercised by the Team Rector, Team Vicar, Church Wardens and PCC, with the support of the Parish Office.

Auditors

Brindley Millen Ltd Chartered Accountants and Statutory Auditors 167 Turners Hill Cheshunt Hertfordshire EN8 9BH

Bankers

Barclays, 737 Barking Road, London E13 9PL

Architect

Mr Jonathan Freegard, 5 Tredegar Square, Bow, E3 5AD

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PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

REPORT OF THE TRUSTEES for the Year Ended 31 December 2020

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Aug 9, 2021

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

Susan Lucae ................................................................................. Revd Dr S Lucas - Trustee

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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

Opinion

We have audited the financial statements of Parochial Church Council of East Ham Team Ministry (the 'charity') for the year ended 31 December 2020 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

We have been appointed as auditors under Section 145 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We obtained an understanding of the legal and regulatory frameworks that are applicable to the charity and determined that the most significant are those covered by the Statement of Recommended Practice for Charities (SORP 2019) and the Charities Act 2011. We assessed the risk of material misstatement in respect of fraud by making enquiries of management and trustees and by testing the implementation of accounting controls in place.

Based on the results of our risk assessment we designed our audit procedures to identify non-compliance with such laws and regulations identified above by making enquiries with key personnel and reviewing relevant documentation such as minutes of Trustee meetings and correspondence with regulatory bodies. We considered the risk of fraud through management override by incorporation testing of journal entries and reviewing any requirements to meet performance targets. We also considered, and tested for, the possibility of unauthorised payments to related parties.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

mwbrindley

mwbrindley (Aug 10, 2021 11:54 GMT+1)

Brindley Millen Ltd Chartered Accountants and Statutory Auditors Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 167 Turners Hill Cheshunt Hertfordshire EN8 9BH

Aug 10, 2021 Date: .............................................

Page 15

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

STATEMENT OF FINANCIAL ACTIVITIES

for the Year Ended 31 December 2020

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
29,453
Charitable activities
Parish Activities
158,558
Investment income
2
10,163
Other income
36,473
Total
234,647
EXPENDITURE ON
Raising funds
2,818
Charitable activities
Parish Activities
254,646
Total
257,464
Net gains on investments
21,505
NET INCOME/(EXPENDITURE)
(1,312)
RECONCILIATION OF FUNDS
Total funds brought forward
10,869,535
TOTAL FUNDS CARRIED FORWARD
10,868,223
Restricted
funds
£
199
-
29,791
-
29,990
-
90,699
90,699
78,611
17,902
1,155,722
1,173,624		 31.12.20
Total
funds
£
29,652
158,558
39,954
36,473
264,637
2,818
345,345
348,163
100,116
16,590
12,025,257
12,041,847		 31.12.19
Total
funds
£
36,459
230,288
39,700
5,559
312,006
9,968
304,098
314,066
216,765
214,705
11,810,552
12,025,257

The notes form part of these financial statements

Page 16

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

BALANCE SHEET 31 December 2020

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |31.12.20|31.12.19| |Unrestricted|Restricted|Total|Total| |funds|funds|funds|funds| |Notes|£|£|£|£| |FIXED ASSETS| |Tangible assets|6|10,475,439|-|10,475,439|10,475,439| |CURRENT ASSETS| |Debtors|7|1,625|-|1,625|8,277| |Investments|8|327,521|1,141,469|1,468,990|1,386,291| |Cash at bank and in hand|80,300|32,155|112,455|168,896| |409,446|1,173,624|1,583,070|1,563,464| |CREDITORS| |Amounts falling due within one year|9|(6,182)|-|(6,182)|(3,166)| |NET CURRENT ASSETS|403,264|1,173,624|1,576,888|1,560,298| |TOTAL ASSETS LESS CURRENT LIABILITIES|10,878,703|1,173,624|12,052,327|12,035,737| |CREDITORS| |Amounts falling due after more than one year|10|(10,480)|-|(10,480)|(10,480)| |NET ASSETS|10,868,223|1,173,624|12,041,847|12,025,257| |FUNDS|11| |Unrestricted funds|10,868,223|10,869,535| |Restricted funds|1,173,624|1,155,722| |TOTAL FUNDS|12,041,847|12,025,257|

----- End of picture text -----

Aug 9, 2021

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

Susan Lucat

............................................. S Lucas - Trustee

The notes form part of these financial statements

Page 17

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 December 2020

1. ACCOUNTING POLICIES

Basis of preparing the financial statements and assessment of going concern

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling (£).

The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.

Critical accounting judgements and key sources of estimation uncertainty

In preparing financial statements it is necessary to make certain judgements, estimated and assumptions that affect the amounts recognised in the financial statements. The following judgements and estimates are considered by the trustees to have most significant effect on amounts recognised in the financial statements.

Useful economic life of tangible fixed assets:

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Collections are recognised when received by or on behalf of the PCC.

Planned giving receivable under Gift Aid is recognised only when received.

Income tax recoverable on Gift Aid donations is recognised when the gift is received.

Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain.

Funds raised by the fete, bazaar and similar events are accounted for gross.

Other ordinary income

Rental income from the letting of church premises is recognised when the rental is due.

Income from investments

Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognised in the same accounting year.

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 31 December.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

continued...

Page 18

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020

1. ACCOUNTING POLICIES - continued

Activities directly relating to the work of the church

The Diocesan Parish Share is accounted for when paid. Any parish share unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a liability in the balance sheet. The Parish Share was paid in full in the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - in accordance with the property Church Equipment - 25% on cost

Taxation

The charity is exempt from tax on its charitable activities.

Current assets

Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable.

Short-term deposits include cash held on deposit with the Central Board of Finance of the Church of England, the Chelmsford Diocesan Board of Finance and COIF Charity Funds.

Debtors

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.

Cash at bank and in hand

Cash at bank and in hand includes cash, current bank accounts and deposit bank accounts with no withdrawal limitations.

Creditors

Creditors are recognised where the charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially settled at transaction value and subsequently measured at their settlement value.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Consecrated land and buildings and movable church furnishings

PCC Property

Consecrated and beneficed property is excluded from the accounts in accordance with Charities Act 2011.

continued...

Page 19

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020

1. ACCOUNTING POLICIES - continued

Other fixtures, fittings and office equipment

Movable church furnishings held by the Rector and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church's Inventory, which may be inspected at any reasonable time. For inalienable property acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1 January 2000 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life (initially over four years) on a straight-line basis.

All expenditure incurred in the year on consecrated or beneficed buildings, individual items under £1,000 or on the repair of moveable church furnishings acquired before 1 January 2000 is written off.

Equipment used within the church premises is depreciated on a straight-line basis over four years. Individual items of equipment with a purchase price less than £1,000 are written off when the asset is acquired.

2. INVESTMENT INCOME

INVESTMENT INCOME
31.12.20 31.12.19
£ £
Deposit account interest 39,954 39,700

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.

Payments to PCC members

There were no payments made to PCC members. (2019 £Nil)

4. STAFF COSTS

The average monthly number of employees during the year was as follows:

31.12.20 31.12.19
All staff 3 3

No employees received emoluments in excess of £60,000.

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Parish Activities
Investment income
Other income
Total		 Unrestricted
funds
£
35,813
230,288
9,693
5,559
281,353
Restricted
funds
£
646
-
30,007
-
30,653		 Total
funds
£
36,459
230,288
39,700
5,559
312,006

continued...

Page 20

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020

5.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
£
£
EXPENDITURE ON
Raising funds
9,968
-
Charitable activities
Parish Activities
298,312
5,786
Total
308,280
5,786
Net gains on investments
49,274
167,491
NET INCOME
22,347
192,358
RECONCILIATION OF FUNDS
Total funds brought forward
10,847,188
963,364
TOTAL FUNDS CARRIED FORWARD
10,869,535
1,155,722
6.
TANGIBLE FIXED ASSETS
Freehold
Church
property
Equipment
£
£
COST
At 1 January 2020 and 31 December 2020
10,475,439
79,459
DEPRECIATION
At 1 January 2020 and 31 December 2020
-
79,459
NET BOOK VALUE
At 31 December 2020
10,475,439
-
At 31 December 2019
10,475,439
-
Total
funds
£
9,968
304,098
314,066
216,765
214,705
11,810,552
12,025,257
Totals
£
10,554,898
79,459
10,475,439
10,475,439

The Church buildings at St Mary's and St Edmund's are owned jointly by the Parish and the Diocese. The interest in these buildings, along with their value, cannot be accurately measured and as such have not been included in the financial statements.

continued...

Page 21

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

NOTES TO THE FINANCIAL STATEMENTS- continued
for the Year Ended 31 December 2020
7.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
8.
CURRENT ASSET INVESTMENTS
Listed investments
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors
10.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Other creditors		 31.12.20
£
1,625
31.12.20
£
1,468,990
31.12.20
£
6,182
31.12.20
£
10,480		 31.12.19
£
8,277
31.12.19
£
1,386,291
31.12.19
£
3,166
31.12.19
£
10,480

continued...

Page 22

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020

11. MOVEMENT IN FUNDS

Unrestricted funds
PCC General Fund
Clergy Housing
St Mary's Sunday School
St Bart's Sunday School
Fellowship House
St Alban's Hall
St Mary Magdalene
St Mary's Hall
St Bart's Centre
St Edmunds
Kitchen Fund
Building Fund
St Alban's Fabric
St Edmund's Fabric
Stubbers
Restricted funds
Millenium Fund
Alms Fund
Parish Donations
St Bart's Donations
St Mary's Donations
Russel Bequest
Rutland Road Proceeds
Stephen Road Proceeds
TOTAL FUNDS		 At 1.1.20
£
12,169
80
270
156
53,085
(11,994)
4,501
13,886
241,855
6,685
1,458
10,475,439
57,973
13,212
760
10,869,535
1,050,566
624
1,464
2,492
1,047
51,583
39,009
8,937
1,155,722
12,025,257		 Net
movement
in funds
£
(26,658)
-
-
-
25,315
(10,887)
(221)
1,093
13,468
(3,158)
(264)
-
-
-
-
(1,312)
14,472
-
-
-
-
(810)
3,925
315
17,902
16,590		 Transfers

between
funds
£
45,140
-
-
-
(26,756)
22,881
-
(6,866)
(14,122)
(1,080)
-
-
(15,881)
(3,316)
-
-
-
-
-
-
-
-
-
-
-
-		 At
31.12.20
£
30,651
80
270
156
51,644
-
4,280
8,113
241,201
2,447
1,194
10,475,439
42,092
9,896
760
10,868,223
1,065,038
624
1,464
2,492
1,047
50,773
42,934
9,252
1,173,624
12,041,847

continued...

Page 23

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020

11. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
PCC General Fund
Fellowship House
St Alban's Hall
St Mary Magdalene
St Mary's Hall
St Bart's Centre
St Edmunds
Kitchen Fund
Restricted funds
Millenium Fund
Russel Bequest
Rutland Road Proceeds
Stephen Road Proceeds
TOTAL FUNDS		 Incoming
Resources
resources
expended
£
£
64,700
(112,863)
30,632
(5,317)
2,598
(13,485)
478
(699)
13,477
(12,384)
112,254
(98,786)
10,508
(13,666)
-
(264)
234,647
(257,464)
29,990
(81,699)
-
(9,000)
-
-
-
-
29,990
(90,699)
264,637
(348,163)		 Gains and
Movement
losses
in funds
£
£
21,505
(26,658)
-
25,315
-
(10,887)
-
(221)
-
1,093
-
13,468
-
(3,158)
-
(264)
21,505
(1,312)
66,181
14,472
8,190
(810)
3,925
3,925
315
315
78,611
17,902
100,116
16,590

continued...

Page 24

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
PCC General Fund
Clergy Housing
St Mary's Sunday School
St Bart's Sunday School
Fellowship House
St Alban's Hall
St Mary Magdalene
St Mary's Hall
St Bart's Centre
St Edmunds
Kitchen Fund
Building Fund
St Alban's Fabric
St Edmund's Fabric
Stubbers
Restricted funds
Millenium Fund
Alms Fund
Parish Donations
St Bart's Donations
St Mary's Donations
Russel Bequest
Rutland Road Proceeds
Stephen Road Proceeds
TOTAL FUNDS		 At 1.1.19
£
8,028
960
315
201
49,931
1,414
4,536
14,692
215,298
8,069
2,523
10,475,439
51,810
13,212
760
10,847,188
865,715
624
1,583
2,568
1,047
51,199
31,886
8,742
963,364
11,810,552		 Net
movement
in funds
£
(38,848)
(880)
(45)
(45)
26,730
(22,832)
290
8,367
39,382
5,130
(1,065)
-
6,163
-
-
22,347
184,851
-
(119)
(76)
-
384
7,123
195
192,358
214,705		 Transfers

between
funds
£
42,988
-
-
-
(23,576)
9,424
(325)
(9,172)
(12,825)
(6,514)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 At
31.12.19
£
12,168
80
270
156
53,085
(11,994)
4,501
13,887
241,855
6,685
1,458
10,475,439
57,973
13,212
760
10,869,535
1,050,566
624
1,464
2,492
1,047
51,583
39,009
8,937
1,155,722
12,025,257

Page 25

continued...

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020

11. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
PCC General Fund
Clergy Housing
St Mary's Sunday School
St Bart's Sunday School
Fellowship House
St Alban's Hall
St Mary Magdalene
St Mary's Hall
St Bart's Centre
St Edmunds
Kitchen Fund
St Alban's Fabric
Restricted funds
Millenium Fund
Parish Donations
St Bart's Donations
Russel Bequest
Rutland Road Proceeds
Stephen Road Proceeds
TOTAL FUNDS		 Incoming
Resources
resources
expended
£
£
36,676
(77,987)
-
(880)
-
(45)
-
(45)
33,248
(13,915)
303
(23,135)
626
(336)
19,744
(11,377)
165,518
(159,387)
25,238
(20,108)
-
(1,065)
-
-
281,353
(308,280)
30,269
(5,591)
-
(119)
-
(76)
384
-
-
-
-
-
30,653
(5,786)
312,006
(314,066)		 Gains and
Movement
losses
in funds
£
£
2,463
(38,848)
-
(880)
-
(45)
-
(45)
7,397
26,730
-
(22,832)
-
290
-
8,367
33,251
39,382
-
5,130
-
(1,065)
6,163
6,163
49,274
22,347
160,173
184,851
-
(119)
-
(76)
-
384
7,123
7,123
195
195
167,491
192,358
216,765
214,705

Page 26

continued...

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020

11. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
PCC General Fund
Clergy Housing
St Mary's Sunday School
St Bart's Sunday School
Fellowship House
St Alban's Hall
St Mary Magdalene
St Mary's Hall
St Bart's Centre
St Edmunds
Kitchen Fund
Building Fund
St Alban's Fabric
St Edmund's Fabric
Stubbers
Restricted funds
Millenium Fund
Alms Fund
Parish Donations
St Bart's Donations
St Mary's Donations
Russel Bequest
Rutland Road Proceeds
Stephen Road Proceeds
TOTAL FUNDS		 At 1.1.19
£
8,028
960
315
201
49,931
1,414
4,536
14,692
215,298
8,069
2,523
10,475,439
51,810
13,212
760
10,847,188
865,715
624
1,583
2,568
1,047
51,199
31,886
8,742
963,364
11,810,552		 Net
movement
in funds
£
(65,506)
(880)
(45)
(45)
52,045
(33,719)
69
9,460
52,850
1,972
(1,329)
-
6,163
-
-
21,035
199,323
-
(119)
(76)
-
(426)
11,048
510
210,260
231,295		 Transfers

between
funds
£
88,128
-
-
-
(50,332)
32,305
(325)
(16,038)
(26,947)
(7,594)
-
-
(15,881)
(3,316)
-
-
-
-
-
-
-
-
-
-
-
-		 At
31.12.20
£
30,650
80
270
156
51,644
-
4,280
8,114
241,201
2,447
1,194
10,475,439
42,092
9,896
760
10,868,223
1,065,038
624
1,464
2,492
1,047
50,773
42,934
9,252
1,173,624
12,041,847

continued...

Page 27

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020

11. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
PCC General Fund
Clergy Housing
St Mary's Sunday School
St Bart's Sunday School
Fellowship House
St Alban's Hall
St Mary Magdalene
St Mary's Hall
St Bart's Centre
St Edmunds
Kitchen Fund
St Alban's Fabric
Restricted funds
Millenium Fund
Parish Donations
St Bart's Donations
Russel Bequest
Rutland Road Proceeds
Stephen Road Proceeds
TOTAL FUNDS		 Incoming
Resources
resources
expended
£
£
101,376
(190,850)
-
(880)
-
(45)
-
(45)
63,880
(19,232)
2,901
(36,620)
1,104
(1,035)
33,221
(23,761)
277,772
(258,173)
35,746
(33,774)
-
(1,329)
-
-
516,000
(565,744)
60,259
(87,290)
-
(119)
-
(76)
384
(9,000)
-
-
-
-
60,643
(96,485)
576,643
(662,229)		 Gains and
Movement
losses
in funds
£
£
23,968
(65,506)
-
(880)
-
(45)
-
(45)
7,397
52,045
-
(33,719)
-
69
-
9,460
33,251
52,850
-
1,972
-
(1,329)
6,163
6,163
70,779
21,035
226,354
199,323
-
(119)
-
(76)
8,190
(426)
11,048
11,048
510
510
246,102
210,260
316,881
231,295

continued...

Page 28

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020

11. MOVEMENT IN FUNDS - continued

Fund Descriptions

Fund Name Fund Description Unrestricted - General PCC General Fund General Parish funds Clergy Housing Fund for repairs and maintenance to clergy housing St Mary's Sunday School St Marys Sunday School St Bart's Sunday School St Barts Sunday School Fellowship House Fellowship House is a rented out building to Fellowship House Children's Centre St Alban's Hall St Alban's Hall Fund St Mary Magdalene St Mary's Church Fund St Mary Magdalene Hall St Mary's Hall Fund St Bart's Centre St Barts Church Centre Fund St Edmunds St Edmunds Fund Kitchen St Barts Cafe Kitchen Refurbishment Unrestricted - Designated Buildings Fund Fixed Asset Fund for Buildings St Alban's Hall Fabric Fund Fabric Fund for St Albans St Edmund's Fabric Fund Fabric Fund for St Edmunds Stubbers Fund for yearly church organised kids trip to Stubbers Restricted Millennium Fund Restricted fund exclusively for St Mary's Church Discretionary Alms Fund Fund to be used at the discretion of the PCC Charities Fund Money to be donated to other charitable organisations Parish Donations Money to be donated to other charitable organisations St Bart's Donations Money to be donated to other charitable organisations St Mary's Donations Money to be donated to other charitable organisations Funds to be used for the maintenance of the whole of St Edmund’s building which includes Russel Bequest provision of a Walsingham Room Funds relating to the sale of a restricted property to be reused for further property Rutland Road Sale Proceeds investments Funds relating to the sale of a restricted property to be reused for further property Stephen Road Sale Proceeds investments

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2020.

Page 29

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2020

for the Year Ended 31 December 2020
31.12.20 31.12.19
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
INCOME AND ENDOWMENTS
Donations and legacies
Planned Giving 17,911 - 17,911 21,039
Collections at Services 2,723 - 2,723 8,497
Gift aid 4,625 - 4,625 5,492
Other donations and appeals 4,194 199 4,393 1,431
29,453 199 29,652 36,459
Investment income
Deposit account interest 10,163 29,791 39,954 39,700
Charitable activities
Fetes and fund raising - - - 398
Church Hall Lettings 152,476 - 152,476 206,842
Cafe 6,032 - 6,032 22,537
Fees from Weddings & Funerals 50 - 50 511
158,558 - 158,558 230,288
Other income
Other Income - Including Insurance Claims - - - 5,559
Furlough Scheme 36,473 - 36,473 -
36,473 - 36,473 5,559
Total incoming resources 234,647 29,990 264,637 312,006
EXPENDITURE
Raising donations and legacies
Fetes & other fundraising 317 - 317 1,416
Cafe 2,501 - 2,501 8,552
2,818 - 2,818 9,968
Charitable activities
Wages 83,602 - 83,602 86,437
Pensions 3,654 - 3,654 5,244
Sundries 180 54 234 1,257
Missionary & Charitable Giving 550 - 550 1,924
Parish Share 67,122 - 67,122 65,643
Clergy Costs 4,748 - 4,748 7,837
Church running Costs 14,079 5,883 19,962 23,108
Church Maintenance 6,065 1,978 8,043 13,439
Upkeep of Services 1,510 494 2,004 5,067
Carried forward 181,510 8,409 189,919 209,956

This page does not form part of the statutory financial statements

Page 30

PAROCHIAL CHURCH COUNCIL OF EAST HAM TEAM MINISTRY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2020

for the Year Ended 31 December 2020
31.12.20 31.12.19
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
Charitable activities
Brought forward 181,510 8,409 189,919 209,956
Parish Office / Admin 8,818 16 8,834 6,301
Church Hall Running Costs 43,247 145 43,392 49,705
Church Hall Maintenance 7,088 - 7,088 10,028
Major Repairs 9,389 82,129 91,518 25,093
Sunday School Costs - - - 135
250,052 90,699 340,751 301,218
Support costs
Governance costs
Auditors' remuneration 4,594 - 4,594 2,880
Total resources expended 257,464 90,699 348,163 314,066
Net (expenditure)/income before gains and losses (22,817) (60,709) (83,526) (2,060)
Realised recognised gains and losses
Realised gains/(losses) on investment property 21,505 78,611 100,116 216,765
Net income (1,312) 17,902 16,590 214,705

This page does not form part of the statutory financial statements

Page 31

PoEH final accounts 2020

Final Audit Report

2021-08-10

Created: 2021-08-09 By: Hewitt Warin (luisa.hewitt@hewittwarin.com) Status: Signed Transaction ID: CBJCHBCAABAAmQ_fSh2IsOCIwVVGe7brzFzoMn1ZP0Ii

"PoEH final accounts 2020" History

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