2021-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Wombourne

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Annual Report and Financial Statements of the Parochial Church Council of Wombourne For the year ended 31" December 2021 Charlty re8lstratlon number: 1128061

DIOCESE OF LICHFIELD Come follow Christ in the footsteps of St Chad The Parochial Church Council of Wombourne Trustees, Annual Report for the year ended 31st December 2021 Charity registration number (if applicable): 1128061 Objectives and Activities The trustees of the PCC are aware of the Chanty Commission's guidance on publi¢ benefit in The Advancement of Religion for the Public Benefit and have had regard to it in Iheir administration of the Charrty. The trustees believe that, by promoting the Yrk of the Church of England in the Ecclesiastical Parish of WomL¥)ume it helps lo promote the whole mission of the Church {pastoral. evangelistic, social and eojmenical) more effectively, wtlhin the Ecclesiastical Parish, and that in doing so rt provides a benefrt to the public by.. Providing facilitie$ for public worship. pastoral car8 and ssyritual, moral and intellectual development, both for rts members and for anyone who wishes to benefit from what the Church offer$; and Promoting Christian values and service by members of thè Church in and to their communiti'es. to the bènefit of individuals and society as a whole. The PCC is committed to énabling as many people as possible to worship at our church and to become part of our parish community at Womboume. The PCC maintains an ovepiiffiv of worship throughout the parish and makes suggestions on how our services can involve the many groups Ihat live wrthin our pansh. Our serlices and worship put faith into practice through prayer and scripture, music and Sa¢rarrn1 Achievements and Perfonnance The PCC 18 ¢xJmmitted through rts Mission Statement and action planning to maintaining the churches of St Benedict Biscop and the Venerable Bede as places fit for worship and providing outreach to the I(4 community. The health and future grovrth of the ¢harity relies on supporters and volunteers and their contribution is key to the deliverability of the charity, objectives both now and in the future. Financial Review The PCC agreed a balanced budgel for 2021 which incorporated an anliopated use of £2,500 of unreslricled reserves. At the end of 2021 actual unrestricted income was £142,479 and unreslricted expendrture £132,959 leading to an increase in the lev81 of UnStrided resources of £9.520 compared to the previous year. The18vels of income and expenditure continued to be impacted by the pandemic and the periods of nationalllocal l¢xkd¢)wn together wlth Sla1 distsncing measures and MplianCe with govemmenl coronavirus restrictions. Nevertheless, the financial position at the end of 2021, showing an actual increase in unrestricted funds. was better than antiopated due to number of reasons. These induded., a significant reduction in the amount of the Parish Share requested by the Diocese of Lichfield due to their Parish Share Support Package(s), the

receipt of £4,500 in unrestricted legacies. and a reductton in the rent payable for the parish Office. Fund raising and trading activities continued to be severely impacted by the pandemic. The overall level of funds held by the PCC decreased significantly to £156.61 S in 2021, down from £247,411 in 2020. The £9.520 increase in unrestricted funds was more than compensated for, by a decrease of £100.316 in restricted funds. Wrthin the year overall reslricted income was £35.528 and overall restricted expendtture £135.844. The decrease in restricted furKls was expected and largely due to the PCC entering into contract for Stonework repairs at St Benedict Biscop Church. The project started in August 2021 and will be completed in earfy 2022. The contract is being undertaken by Midland ConseThation Ltd. The PCC is very grateful for the ongoing wsitive support and commitment of the ngregatIOn through slewardship The PCC is also grateful for the support given by the DieSe in the form of the Parish Share Suppjrt pack4els) and for the generosity given by persons. now deceased. through Legacbes left to the Church Incom and expenditure levels need to be reviewed by the PCC in 2022 and action taken. where necessary , to ensure that financi81 pressures arising out of the continuing pandemic are managed and addressed. Reserve8 Policy It is PCC policy to try lo maintain a balance offree resep4es {nel currenl assels) which equates to a minimum figure of £25.000. ReserNfJS are held to smooth out fluctuations in cash flow and to meet emergencies andlor other needs for funds. It is PCC policy to invest restricted funding for major appeals in separate bank acrnunts prescnbed for this purpose. This policy was reviewed and opproved by the PCC on the 29" NoVemr 2021 At the end of 2021 free reserves represented by the value of unrestricted net current assets were £43,775 and consequently above the minimum le%1 set in the Policy. This is an increase of £9,520 from the previous year. The level of resetves at the year-end refiects good financial management of resources by the PCC amid ongoing challenges where the Se8 and acts'vities of the Church in Womboume continued to be disrupted by the o)vid 19 parKlemic. The PCC will need to continue to nKJnrtor this Reserves Policy in 2022 to ensure thal any disruption and challenges from the pandemic conts'nue lo be effectively man4ed with any longer term implications to the finances of the chur(¢ identrfied Safeguarding The PCC believe they have fUilled Iheir duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty lo have due regard to House of Bishops, guidan on safeguarding children and wlnerable wjulls). Fundraising The PCC takes rt fundraising responsibilities seriously and is very grateful to all donors - whether regular or occasional - fof their support of the church and church events. PCC supporters are never taken for granted. The PCC tske full responsibilty for fundraising and do not use commercial OrganisatiS or professional fundraiser5. All money raised is either

by donations, fundraising events, speoal appeals or legacies for which the PCC are most grateful. Due to the impact of the coronavirus pandemic fund raising activtties in 2021 were minimal wth events suspended or cancelled Volunteers The PCC is dependent on the signfficant number of people from the local community involved in church activities. The number of active volunteefs and the time that they give to the mission and ministry of the charity is a key comF()nent of the health and sustainability of the church. The Servi Provided through chufch volunteering impacts Positively on people's relationship to the church and to each other. The PCC greatly values the time given by volunteers in support of the church a)d Ihe charty's aims and objeth'ves. Review of the Year Revd Preb Paul Brown (Rector) writes: Another Difficult Year 2021 has again been a difficutt year. L¢xkdowns and restrictions have h1 a $ignrfi¢ant impact on church life. We have all missed meeting for prayer and worship, for concerts, for social and fund raising events. We have ¢ontinued to circulate a weekly news sheel 'Keeping in Touch. sent either by email or post to all members of our Church family. It has induded suggestions for prayer and a refiection on the week's Bible Readings. REVIEW OF THE YEAR The vacancy al Swindon and Himley throughout the year and the Di0san 'Shaping for MISOn' process has constrained many of our pbans for outreach and to develop our work. We r)Jntinue to be grateful to Susan Wlliams. Laurie Gainer. and Wlli8m Cole for their ministry as Readers. We have teen very pbeased to continue as Sarah Malpass, link church. Sarah is a ministry student at Queen's College. We look for*4ard to her ordination in 2022. We are very grateful for the support the Revd Preb James Makepeace gives us. Maxine is real asset to the Parish Off. Worship has remained central to the lrfe of our churches. We have had to leam many new lechniques. and with help we have published a wde variety of serVIS on FaboOk and You tube. The Prayer Chain based on emails is an importanl exten&on to our ministry of intercessory prayer Our work with our younger members and their families continues to be challenging. We were unable to offer Sunday Club OT Messy Church. For most of the year. Sarah, our Children's Worker was part furloughed but was able to keep in contacl with our families offering suggestions for craft and quizzes rdated to Bible Themes vha email and on Facebook. Our Advent Messy Church was a great success wrth just over 80 participants. Careful management and the generosty of our church members has meant that we met all of our finanoal ol19a.0ns. We are very grateful for everyone who has continued to support us finanaally.

Grapewne went online this year as we were unable to physically deliver the magazine. We are grateful to Ollie Cadman and her team and for the work that Penny contributes to the Website. Grapevine and Facebook continue to be an important means of communication. Thank you to everyone who contributed to the lrfe of our Church in 2021 Risk Management PCC has a Risk Management Poliry which was adopted on 30 October 2017, 8 Health & Safety Policy that was reviewed and adopted on 24 June 2019 and has Risk Assessments that support its Health & Safety Policy and lIvrtIes. PCC confimis that the mapr risks to which it may be exposed as identified by the trustees. have been reviewed and systems or procedures have been established to manage those risks. The PCC holds insurance poliaes in resFect of its buildings and contents with Liability Cover for employees. volunteers and visitors. The Insurer is the ECcleaSb'Cas Group. Structure. Governance and Management The PCC is a Body Corporate establ1$P by the Church of England IPCC Powers Measure 1956. and the Church Representation Rules 2006) and is a Charity registered with the Charity Commission. The PCC is governed by the Parochial Church Council Pcvlers Measure (1956) as amended that came into effect on * January 1957. and the Church Representalion Rules. The method of apintment of the PCC members is set out in the Church Representation Rules. The Counal comprises the Incumbent, the Churchwardens, the Readers. those elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting. by those on the Electoral Roll. Members of the congregation are always urged to join the Electoral Roll, and to stand for election to the PCC. The PCC members are resFonsible for making decbsions on all matters of general ¢oncem and importance in the parish, and for all finanaal matters. The PCC meet xx times a year. [Given its responsibilities, the PCC has a number of sub commrttees, each dealing with particular aspect of parish lrfe. These include Finance. Fabric, Pastoral. Cheerful Givers, Sooal, Grapevine and Youth Work. Exh reports back to the PCC. Related Parties Disdosures related to Trustees and related parties are induded in the notes to the Finanaal statements. Reference and Administrative details The Church is situated in Church Road, Womtoume IPIV5 9EZ and is part of the Deanery of Trysull in the Diocese of knchfield. The Corresponden address is- The Parish Office, Hand in Hand, Womboume Institute. Church Road. Womboume WVS 9EZ. Registered charity number 11281%1. Our website address is.. ww4y.slbenedt1X.S¢0p.0rg.uk Members who have Se¢d from 1¥1 January 2021 unlil the date this report was approved were: Ex Officio Members Team Rector ReaderlDeanery Synod Rop Reader Churchwarden Churchwarden The Revd Preb Anthony Paul Brown (Chainnan) Mr Laune Gainer Mrs Susan Williams Mrs Hilary Moore Mrs Joan Parker

Dlstrfct Churchwarden TreasurerlDeanery Synod Rep SecretarylDeanery Synod Rep Deanery Synod Reps Mr Peter Caright Mr Martin Garrington Mrs Shifley Wall Mrs Anne Freeman Mrs Theresa Guest Dr Nigel Welch Elected Member5 Mr Edward Parry- to May 2021 Mrs Kim Brown- to May 2021 Mr Geoff Truby - to May 2021 Mr Richard Green Mrs Christsne Welch Mr Simon Keeling Mr Roy Wootton Mr Derek Bryant Mr David Crathome Mr Alan Brain- from May 2021 Mrs Susan Epton- from May 2021 Mrs Olwyn GraingeT- from May 2021 Mrs Pal Rob8rts- from May 2021 Names and addresses of advlsers Bank Barclays Bank Independent Examlnef Dalton Pardo• Approved by the PCC on and signed on rts behall by.. &&.3 aoa rend XXXX (Chairman) airwaAISecretary etcl

`BALANCESHEET`
		`Total2021£)`	`Total2020£)`
`FixedAssets`
`InvestmentAssets`	`5(a)`	`0.00`	`0.00`
`TangibleAssets`	`5(b)`	`0.00`	`0.00`
`CurrentAssets`
`CashatbankandInhand`	`6(a)`	`168782.90`	`260493.31`
`Debtors`	`6(b)`	`10310.19`	`2778.05`
`Currentliabilities`
`Liabilitiesfallingduewithinoneyear`		`-22478.53`	`-15860.29`
`NetAssets`		`156614.56`	`247411.07`
`PCCFunds`		`2021`	`2020`
`UnrestrictedFunds`
`General`		`43774.81`	`34255.04`
`Designated`		`0.00`	`0.00`
`RestrictedFunds`		`112839.75`	`213156.03`
`EndowmentFunds`		`0.00`	`0.00`
`TotalFunds`		`156614.56`	`247411.07`

		`Unrestricted`	`Designated`	`Designated`	`Designated`		`Restricted`	`Endowments`	`Endowments`	`Endowments`	`TotalFunds`	`TotalFunds`
		`Fundsf£l`		`Fundsff)`			`Fundsr£)`		`Fundsf£')`		`2021f£l`	`2020f£1`
												`*seenote10` `for`
`IncomeandEndowments`												`fullcomparative`
`DonationsandLegacies`	`2a`	`112940.39`					`35114.99`				`148055.38`	`312673.61`
`CharitableActivities`	`2b`	`18827.25`					`400.00`				`19227.25`	`14713.95`
`OtherTradingActivities`	`2c`	`9606.00`					`0.00`				`9606.00`	`7564.72`
`investments`	`2d`	`3.33`					`12.96`				`16.29`	`128.48`
`OtherIncome`	`2e`	`1101.69`					`0.00`				`1101.59`	`538.60`
`Total`		`142478.56`					`35527.95`				`178006.51`	`335619.36`
`Expenditure`
`RaisingFunds`	`3a`	`41.00`					`0.00`				`41.00`	`21.00`
`CharitableActivities`	`3b`	`132216.64`					`135319.23`				`267535.67`	`167442.01`
`OtherExpenditure`	`3c`	`701.15`					`525.00`				`1226.15`	`569.94`
`Total`		`132958.79`					`135844.23`				`268803.02`	`168032.95`
`Netgain/lossesoninvestment`		`0.00`					`0.00`				`0.00` `—` `.` `..` `_`	`0.00`
							`'`	`'•`	`J`	`'..4`
`Netincome/(Expenditure)`		`9519.77`					`•100316.28`				`-90796.51`	`167586.41`
			`-`	I`T`	`..`	I			•I,;,;:;'.".;:"''' •"j'.-?..	-
`TransferbetweenFunds`		0.00					0.00				0.00	0.00
			;,:r-
`NetMovementsinFunds`		9519.77					-100316.28				-90796.51	167586.41
`TotalFundsbroughtforward`
`(1stJan2021)`		34255.04					213156.03				247411.07	79824.66
`TotalFundscarriedforward`
`(31stDec2021)`		43774.81					112839.75				156614.56	247411.07

`2`
`IncomeandEndowmentsfrom:`
												`Total`	`Total`
		`Unrestricted`			`Designated`		`Restricted`		`Endowment`			`Funds`	`Funds`
		`Funds(£)`			`Funds(£)`		`Funds(£)`		`Funds(£)`			`2021(£)`	`2020£)`
`DonationsandLegacies`	`2a`
`VoluntaryIncome/Receipts`					`U*"`	`1. ^`	`r` `>`
`Taxefficientplannedgiving`			`68383.50`				`132.00`					`68515.50`	`71593.90`
`Otherplannedgiving`			`7203.80`				`0.00`					`7203.80`	`7714.06`
`Collectionsatservices`			`5836.06`				`607.09`					`6443.15`	`3940.54`
`Allothergivingandvoluntary`
`receiptsincludingspecialappeals`			`7351.23`				`9308.02`					`16659.25`	`14895.40`
`GiftAidRecovered`			`19665.80`				`819.24`					`20485.04`	`20337.84`
`Legaciesreceived`			`4500.00`				`0.00`					`4500.00`	`2654.82`
`Grants`			`0.00`				`24248.64`					`24248.64`	`191537.05`
	`Total`	`112940.39`					`35114.99`					`148055.38`	`312673.61`
`CharitableActivities`	`2b`
								r	r-	ft	f
`ChurchActivities`				>	`•`	1. tt						JT,	pgsiii
`Statutory/localFees(retained`	`byPCC)`		18820.50				0.00					18820.50	13357.62
`FundraisingActivities`			6.75				400.00					406.75	1356.33
	`Total`		18827.25				400.00					19227.25	14713.95
												Total	Total
		Unrestricted			Designated		Restricted		Endowment			Funds	Funds
		Funds(£}			Funds(£)		Funds(£)		Funds(£)			2021(£)	2020(£)
`OtherTradingActivities`	`2c`
		"5	> nj
`ActivitiesforGeneratingFund`
`Bedehallhire`			6788.63				0.00					6788.63	5487.64
`Grapevineparishmagazine`			1612.59				0.00					1612.59	1787.09
`Other- printing,coffee,books`			1204.78				0.00					1204.78	289.99
	`Total`		9606.00				0.00					9606.00	7564.72
`Investments`	`2d`
`Bankinterest`			3.33				12.96					16.29	128.48
	`Total`		3.33				12.96					16.29	128.48
`OOmrIncome`	`2e`		1101.59				0.00					1101.59	538.60
	`Total`		1101.59				0.00					1101.59	538.60
`TotalIncomeandEndowments`		142478.56					35527.95					178006.51	335619.36


`IExpenditure`
							`Total`	`Total`
		`Unrestricted`		`Designated`	`Restricted`	`Endowment`	`Funds`	`Funds`
		`Funds(£)`		`Funds(£)`	`Funds(£)`	`Funds(£)`	`2021(£)`	`2020(£)`
`[RaisingFunds`	`3a`
`CostsofGeneratingIncome`
`Fundraisingcosts`			`41.00`		`0.00`		`41.00`	`21.00`
`Total`			`41.00`		`0.00`		`41.00`	`21.00`
`CharitableActivities`	`3b`
`ChurchActivities`
`Missiongivinganddonations`			`4825.00`		`3900.65`		`8725.65`	`7941.93`
`DiocesanParishShare`			`66475.00`		`0.00`		`66475.00`	`83968.00`
`Salaries/Wages`			`25917.25`		`4564.87`		`30482.12`	`28577.77`
`ClergyandStaffExpenses`			`1309.88`		`0.00`		`1309.88`	`972.60`
`ChurchExpenses`		`V::- '`	I
`ChurchExpenses(Mission`
`andEvangelism)`			`1998.06`		`2406.61`		`4404.67`	`3689.92`
`Churchrunningexpenses`			`20537.52`		`1114.65`		`21652.17`	`27572.45`
`Churchutilitybills`			`9405.69`		`0.00`		`9405.69`	`6556.10`
`Costoftrading`			`1112.24`		`0.00`		`1112.24`	`2104.18`
					`;-.i^`
`MajorExpenditure`
`FabricofStBenedicts/Bede`			`0.00`		`123332.45`		`123332.45`	`5423.06`
`Depreciation`			`0.00`		`0.00`		`0.00`	`0.00`
`GovernanceCosts`			`636.00`		`0.00`		`636.00`	`636.00`
`Total`		`132216.64`			`135319.23`		`267535.87`	`167442.01`
`[otherExpenditure`			`701.15`		`525.00`		`1226.15`	`569.94`
`Total`			`701.15`		`525.00`		`1226.15`	`569.94`
`TotalExpenditure`		`132958.79`			`135844.23`		`268803.02`	`168032.95`


`5(a)FixedAssets`		`Freehold`	`Church`	`Total(£)`
		`Bulldlngs(£)`	`EqulpmenUE)`
`AtCostorValuation`
`Asat1stJan2021`			`78352.08`	`78352.08`
`AdditionsintheYear`			`0.00`	`0.00`
`DisposalIntheYear`			`0.00`	`0.00`
`Revaluation(ifany)`			`0.00`	`0.00`
`Valueat31stDec2021`		`0.00`	`78352.08`	`78352.08`
`AccumulatedDepreciation`
`Asat1stJan2021`			`78352.08`	`78352.08`
`ChargefortheYear`			`0.00`	`0.00`
`Disposals`			`0.00`	`0.00`
`Asat31stDec2021`		`0.00`	`78352.08`	`78352.08`
`NetBookVaiue31stDec2021`		`o.ool`	`0.001`	`O.M`
`S(b)investments`	`None`

`2021(£)`	`2020(£)`
`14524.78`	`5535.14`
`143153.51`	`243621.22`
`801.16`	`528.37`
`921.57`	`678.47`
`9381.88`	`10130.11`
`168782.90`	`260493.31`

`2021(£)`	`2020(£)`
`476.66`	`541.28`
`9833.53`	`2236.77`
`10310.19`	`2778.05`
`2021(£)`	`2020(£)`
`784.71`	`1523.25`
`7274.34`	`10352.92`
`0.00`	`0.00`
`14419.48`	`3984.12`
`22478.53`	`15860.29`

	`General` `Unrestricted`	`Designated`	`Restricted`	`Endowment`	`Totai(£)`
	`Funds(£)`	`Funds(£)`	`Funds(£)`	`Funds(£)`	`2021`
`FixedAssets`	`0.00`	`0.00`	`0.00`	`0.00`	`0.00`
`investmentAssets`	`0.00`	`0.00`	`0.00`	`0.00`	`0.00`
`CurrentAssets`	`54569.57`	`0.00`	`124523.52`	`0.00`	`179093.09`
`CurrentLiabilities`	`-10794.76`	`0.00`	`-11683.77`	`0.00`	`-22478.53`
	`43774.81`	`0.00`	`112839.75`	`0.00`	`156614.56`
`FundsReconciliation`	`Reserves`	`incoming`	`Resources`	`investment`	`Reserves`
	`at1 Jan`	`Resources(£)`	`Expended(£)`	`Gains/Losses(£)`	`at31Dec`
	`2021£)`				`2021(£)`
`UnrestrictedFunds`	`34255.04`	`142478.56`	`-132958.79`		`43774.81`
`DesignatedFunds`	`0.00`	`0.00`	`0.00`		`0.00`
`RestrictedFunds`
`1inmemorium`	`592.50`	`0.00`	`0.00`		`592.50`
`2Crossreplacementcontribution`	`0.00`	`1250.00`	`-1250.00`		`0.00`
`3` `StBenedictsfabric`	`9129.81`	`5357.71`	`-863.59`		`13623.93`
`4Retirementgift`	`0.00`	`525.00`	`-525.00`		`0.00`
`5Chiidrensworker`	`0.00`	`165.00`	`-165.00`		`0.00`
`6Beiitowerropereplacement`	`220.00`	`0.00`	`0.00`		`220.00`
`7PopieTrust`	`176467.54`	`19922.18`	`-122062.45`		`74327.27`
`8Missiongiving`	`45.00`	`3901.35`	`-3900.65`		`45.70`
`9FlowerFestival`	`1109.52`	`0.00`	`0.00`		`1109.52`
`10Rector/churchwarden`	`24045.48`	`1.84`	`-2406.61`		`21640.71`
`11StBenedictssound/audio`	`432.00`	`0.00`	`-228.00`		`204.00`
`12Churchbeiirenewal`	`500.00`	`0.00`	`0.00`		`500.00`
`13Furloughgrant`	`0.00`	`4399.87`	`-4399.87`		`0.00`
`14Other`	`614.18`	`5.00`	`-43.06`		`576.12`
	`0.00`	`0.00`	`0.00`		`0.00`
`EndowmentFunds`	`0.00`	`0.00`	`0.00`		`0.00`
`TotalFunds`	`247411.07`	`178006.51`	`-268803.02`	`0.00`	`156614.56`

	`Unrestricted`	`Designated`	`Designated`	`Restricted`	`Restricted`	`Endowments`	`Total`
`2020`	`Funds(£)`	`Funds(£)`		`Funds(£)`		`Funds(£)`	`Funds(£)`
`IncomingResources`
`DonationsandLegacies`	`113968.33`			`198705.28`			`312673.61`
`CharitableActivities`	`14263.95`				`450.00`		`14713.95`
`OtherTradingActivities`	`7524.72`				`40.00`		`7564.72`
`Investments`	`49.04`				`79.44`		`128.48`
`Other`	`538.60`				`0.00`		`538.60`
	`136344.64`			`199274.72`			`335619.36`
`ResourcesExpended`
`RaisingFunds`	`21.00`				`0.00`		`21.00`
`CharitableActivities`	`139749.27`				`27692.74`		`167442.01`
`Other`	`569.94`				`0.00`		`569.94`
	`140340.21`				`27692.74`		`168032.95`
`Netgain/lossesoninvestment`	`0.00`	`0.00`			`0.00`	`0.00`	`0.00`
		`S- ; ""-:`
`Netincome/Expenditure`	`-3995.57`			`171581.98`			`167586.41`
`TransferbetweenFunds`	`0.00`	`0.00`			`0.00`	`0.00`	`0.00`
		I `s-.r v. -`	`^`	`P'`	II`'S:`
`NetMovementsinFunds`	`-3995.57`			`171581.98`			`167586.41`
`TotalFundsbroughtforward`
`(1stJan2020)`	`38250.61`	`0.00`			`41574.05`	`0.00`	`79824.66`
`TotalFundscarriedforward`
`(31stDec2020)`	`34255.04`	`0.00`		`213156.03`		`0.00`	`247411.07`