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2021-12-31-accounts

All Saints’ Church, Childwall

Annual Report and Accounts Year ended 31 December 2021

Charity Registration Number: 1128283

Vicar: The Reverend Andrew Colmer

Contents

Contents 2 The Annual Report  Introduction and welcome 3  Review of the Year 4

The Accounts

14 15 16 17 18

23 24 25 26 27

2

Annual Report - Introduction and welcome

I am pleased to introduce our Annual Report and Accounts for the year ended 31 December 2021.

At the time of writing of this report we are emerging from the official restrictions imposed by Covid-19. Things remain uncertain, however, about how we will adapt to these circumstances with infections still relatively high as well as facing waiting lists and the possibility of an economic crunch that we have not faced in a generation. As well, there is the grim backdrop of war in Yemen and Ukraine.

It would be tempting with all this uncertainty to be anxious and afraid and ask what God is currently doing in the world, but these times are temporary whereas God’s role and blessings are permanent. I remain convinced that God is at the centre of all this and will teach us and lead us through.

These times, though, have made us question so much of what we do, how we do it and where we do it. And they are not restricted just to us here at All Saints. Looking beyond our parish boundaries, the Diocese of Liverpool, and all its constituent parts - as well as the national Church of England - are examining resources and structures. We are part of these events and I encourage everyone to be involved in prayer as we all face up to new challenges and opportunities.

There are so many thoughtful, committed and courageous people at All Saints who rise to these situations knowing that God is in control. Thank you to everyone who works in the service of the Lord here and beyond the boundaries. Increasingly our focus will be the wider community outside our Parish although we should never lose sight of the care and love of the people close by.

Difficult decisions were taken in the year including the closure of our Playgroup. This was not taken lightly: it was not just for financial reasons but for the increasing resources needed to operate an Ofsted registered placement. We thank God for the staff and volunteers who nurtured that age group over the years. We have struggled in the year with cashflow, as set out elsewhere in this report, meaning that, at the year end, we are in deficit to the Diocese of Liverpool for three months of Parish Share and we are behind on our payments to our Mission Partners. These are regrettable and discussions are in place as to how we should respond to these events. We remain committed to fulfilling our obligations as we can.

We are blessed at this Church with so many generous and loyal servants of Christ and I thank every single person who has played their part in this year. I also thank all those people who give of their time and talents in the work of the Lord in this place and beyond.

So, as we all reflect on a difficult year, and ponder the uncertainties which lay ahead of us, we have so much to be grateful to God for: His blessings continue to pour out on us. We now look forward to the challenges and opportunities ahead knowing that our ultimate purpose, goal and reward is that the whole world might believe that Jesus Christ is Lord, to the glory of God the Father.

Reverend Andrew Colmer Vicar 21 March 2022

3

The Annual Report - Review of the Year

Overview

The year continued to be heavily influenced by the effects of the Covid-19 pandemic. During this time there were restrictions still in place but, by the end of the year, there were signs of a thaw as people were beginning to meet more again.

Opening up and learning

Throughout the year we remained cautious about our response to the pandemic, but we continued as we had done in the previous year by being courageous and imaginative in continuing our Worship, Mission and Fellowship.

We realised that this was a huge opportunity to review how we have done things and what we can change in the future. That process of review remains ongoing. It is important, though, that our actions and plans are not constantly dominated by the pandemic as we pray for where God wants us to go next.

Reverend Helen Deegan

Reaching out

Central to our mission is reaching out to the Parish to make Jesus known to as many people as possible. Examples of how we put this into practise during the year included:

Our Ordinand, Adeyinka Olushonde

4

The Annual Report - Review of the Year

Examples of how we build up the congregation including our children

Playgroup

During the year, our Playgroup closed.

This decision was not taken lightly and was a mixture of financial considerations and the demands placed on an Ofsted-registered placement with all the regulations required.

Due to the tremendous efforts of the staff and the volunteers, we were able to bring the Playgroup to a close at the end of the school year in July 2021.

We thank everyone who have nurtured the children over the years.

Beyond the Parish

We also take seriously our responsibilities in reaching out beyond the Parish boundaries. Examples in the year include:

Given the need to respond to the Pandemic challenges, we are actively engaged with the Deanery and the Diocese about future plans and leadership structures. It is clear that the current structures need updating and renewing for these new times and those discussions will be ongoing in the coming months.

5

The Annual Report - Review of the Year

People

During the year:

Our Associate Ministers: Canon Dick Williams and The Reverend William Forster

Buildings

The Church from Well Lane

Progress on the next stage of the Development remain frustratingly slow. The PCC has approved a Church lounge to be built on part of the car park and planning consent has been received for this. The Covid pandemic, amongst other things, have led to delays but we remain confident that this project can be kick-started soon.

Across our Church life we also engaged more with Eco issues looking at how we use our resources. The church has engaged more with Climate Change and set up an Eco church Group to encourage the church family and community to get involved.

Electoral roll

As of May 2021, there are a 373 people on the electoral roll.

6

The Annual Report - Review of the Year

Risk assessment

The Parochial Church Council (“the PCC”) has established systems to identify and mitigate the risks to which the PCC is exposed. These systems are periodically reviewed to ensure they meet the ongoing needs of the Church. To identify major issues, the PCC consider risk assessments. Procedures are put into place to manage those risks and minimise their impact on the life of the church.

Financial – the risk that the Church is unable to meet its obligations as they fall due is mitigated by regular reviews of the finances, careful scrutiny of expenditure, attempting to maintain a buffer when it can and being able to fall back on the realisation of investments and assets if necessary.

Health and Safety – relevant policy documents are reviewed on a regular basis to ensure overall compliance with all aspects of Health and Safety and that these issues are cascaded across the Church.

Safeguarding – At All Saints’ Childwall we take safeguarding very seriously. Our safeguarding officers are Aidan Holmes and the vicar. Any instances or issues, however minor, should be discussed with them. On file there are just over 70 adults who hold a DBS certificate. Appropriate training by the Diocese is followed throughout the year and we have a rapid system of notifying and recording all potential safeguarding issues. We have reviewed our policies, as advised by the Diocese and Church of England. During the COVID pandemic, we have had to look thoroughly how we use social media including Facebook and Zoom.

Data Protection – the PCC acknowledge its role in overseeing Data Protection, and this is reviewed on a regular basis.

Governance

Due to the Covid pandemic, the PCC did not meet in person for the majority of its meetings in the year; most of its business was conducted by email and by Zoom.

The 2021 APCM took place on Monday 17 May 2021.

Further details in connection with governance are set out in the Appendix.

7

The Annual Report - Review of the Year

Financial Review

The year under review has remained a challenging one as we have continued to deal with the Covid-19 Pandemic. This has continued to have a negative impact on our finances although we have narrowed the deficit in 2021. Further details are below (including recent trends of our results showing how much the Pandemic has affected our resources).

Reconciliation of result for the year

Reconciliation of result for the year Reconciliation of result for the year Reconciliation of result for the year
Net result for 2020
Income
"Gift Aid" Donations
Income Tax recoverable on "Gift Aid"
Collections (open plate) at all services
Donations
Legacies
Interest
Dividends
Playgroup
Wedding and Funeral Fees
PCC Branches
Sundries
80 Green Lane North rent
Expenditure
Overseas Mission
Tear Fund
Home & Church Societies
Parish Share
Clergy and Other Diocesan Expenses
Staff costs and expenses
Teaching materials, upkeep of services and stationery
Heating and lighting
Insurance
Council tax and Water rates
Maintenance
Depreciation
Sundry
Bank charges
PCC Branch activities
Accounting software
Gains and losses on investments
Net result for 2021		 2021
2020
Movements
Reconciliation
£
£
£
£
(46,733)
120,237
114,625
5,612
21,925
20,352
1,573
6,559
6,897
(338)
9,088
14,295
(5,207)
0
300
(300)
2,708
3,434
(726)
2,305
2,240
65
40,241
69,135
(28,894)
19,044
13,223
5,821
22,411
13,122
9,289
5,713
3,788
1,925
0
1,350
(1,350)
250,229
262,761
(12,532)
(12,532)
(4,799)
(4,843)
44
(3,839)
(3,874)
35
(10,558)
(10,654)
96
(118,225)
(125,895)
7,670
(5,381)
(5,056)
(325)
(109,541)
(119,664)
10,123
(3,980)
(3,632)
(348)
(6,462)
(5,893)
(569)
(6,311)
(5,802)
(509)
(2,507)
(5,011)
2,504
(2,043)
(2,076)
33
(9,627)
(7,316)
(2,311)
(741)
(247)
(494)
(378)
(575)
197
(14,178)
(13,618)
(560)
(374)
(450)
76
11,376
5,112
6,264
(287,568)
(309,494)
21,926
21,926
(37,339)
(37,339)

2017 has been adjusted for the sale of the land to aid comparability.

8

The Annual Report - Review of the Year

Key features of the result

In connection with income, key features of the year are below:

Distribution of the 2021 Income Base

----- Start of picture text -----
Sundries
PCC Branches
Wedding and Funeral Fees
Playgroup
Dividends
Interest
Legacies
Donations
Collections (open plate) at all services
Income Tax recoverable on "Gift Aid"
"Gift Aid" Donations
0 40,000 80,000 120,000
----- End of picture text -----

Changes in Income Distribution YOY

----- Start of picture text -----
80 Green Lane North rent
Sundries
PCC Branches
Wedding and Funeral Fees
Playgroup
Dividends
Interest
Legacies
Donations
Collections (open plate) at all services
Income Tax recoverable on "Gift Aid"
"Gift Aid" Donations
(35,000)(30,000)(25,000)(20,000)(15,000)(10,000) (5,000) 0 5,000 10,000 15,000
----- End of picture text -----

9

The Annual Report - Review of the Year

----- Start of picture text -----
Distribution of the 2021 Cost Base
Accounting software
PCC Branch activities
Bank charges
Sundry
Depreciation
Maintenance
Council tax and Water rates
Insurance
Heating and lighting
Teaching materials, upkeep of services and stationery
Staff costs and expenses
Clergy and Other Diocesan Expenses
Parish Share
Home & Church Societies
Tear Fund
Overseas Mission
0 20,000 40,000 60,000 80,000 100,000120,000140,000
----- End of picture text -----

10

The Annual Report - Review of the Year

Capital Expenditure and Fixed Assets

There have been no significant additions to our fixed asset base in the year either in the Church, the Church Hall or at the Curate’s House. All buildings are in reasonably good shape and we thank Peter Kefford for the valuable work he does in the maintenance of them.

The fixed assets included in these accounts are those over which the PCC has jurisdiction and so do not include the Church or the vicarage. We do include the Curate’s House, however, and this has not been revalued for nearly twenty years. It is likely that there is a significant undervalue of this asset in these accounts but, if nothing else happens, would simply be an unrealised gain.

Reserves

It is the policy of the PCC to maintain free cash flow reserves to cover 3 months of expenditure. If the year-end General Fund balance was designated as free cashflow, the cover would be 2.9 weeks. It is the policy of the PCC to seek to repair the Charity’s reserves as funds allow.

Beyond the Parish Boundaries

As a Church, we are constantly aware of the needs and challenges of others outside our Parish boundaries. This is worked out via our involvement in the Deanery, the commitment we have to our Mission Partners and also responding to the needs of the Diocese of Liverpool.

Despite the deficits we have with our mission partners and with the Diocese of Liverpool, we remain committed to settling these liabilities as the circumstances permit.

Mission

Our Church has a long history of supporting its mission partners. Despite the restrictions of our free cash flow in the year, we have made physical cash payments to our mission partners as follows:

----- Start of picture text -----
||| |---|---| |Payments| |£| |New Tribes|£1,498.88| |Release|£1,199.10| |Tear Fund|£1,199.10| |CAP|£749.44| |LYFC|£749.44|

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

£5,395.96

The Church has had to “spin the plates” in dealing with the unprecedented demands of this year which has meant utilising cash “pots” earmarked for other uses as we made difficult choices. As resources permit, it is our intention to settle all outstanding Mission Payments and there are accruals included in these accounts reflecting our commitment to paying them.

11

The Annual Report - Review of the Year

People Costs

Our staff cost base is changing. At the beginning of 2021, we employed a Sexton, an Office Administrator, a Youth Worker (financed via donations) and five members of the Playgroup (in receipt of fees and grants). At the time of the 2022 APCM, there will be just one paid staff member: the Sexton. This reflects the changing needs of the Church and its staff, and the financial decisions upon us.

In 2021, the costs set out in the accounts for people costs include the three members of staff the Church employs. The remaining of the staff costs are for Playgroup who settle its payroll liabilities to the Church each month.

Until September 2021, we have employed a Youth Worker on a fixed term one year contract and appealed to donors to fund this role. As ever, the generosity of people was overwhelming and we thank them.

We give thanks for the work undertaken by Ruth Scott as our Church Administrator who announced that she was moving to a voluntary, part-time role from April 2022. Her work has been invaluable over the years and we thank God she is still willing to serve Him at All Saints going forward.

Going Concern

The out-turn for 2021 was not ideal but was in line not only with expectations but also with organisations across the world struggling with the Covid pandemic. It is encouraging that we have narrowed the deficit in 2021 compared to 2020 and that some of the tough decisions we took in this current year will help us to provide a firmer foundation for the future. The PCC takes its responsibilities seriously and have looked ahead in at least the next twelve months from the signing of this Annual Report and Accounts. Whilst the free cash flow on the General Fund is running low, the PCC have other assets it could realise in this period should there be a significant call upon on its assets. Investments could be sold, and deposit accounts could be re-classified, for example. There could also be appeals to the congregation. For all these reasons, the PCC are satisfied about preparing these accounts on a going concern basis.

Finance – in summary

We thank every single person who gives to the work of the Lord here at All Saints’ Church. We realise that times are tough for many people and we gratefully acknowledge all amounts we receive.

The pandemic has shed a light on our resources as we contemplate how we can grow, utilise our time and finances in different ways and so respond to the demands and challenges of this time. Difficult choices may lie ahead and some of the decisions we have taken already were not universally popular.

We have had to move funds around this year simply to respond to the emergency facing large parts of the world but, when the harvest is ripe again, we will re-stock our cupboards and return funds to existing pots alongside such actions as returning our commitment to our Mission Partners in full.

And we have options open to us that other Churches do not have. Not only with this comes great responsibilities but we do thank God for His many blessings.

12

The Annual Report - Review of the Year

Looking ahead

Our priorities include ensuring the Church remains a welcoming and nurturing place for all and that we, as the Body of Christ, are actively engaged in the local community and beyond. We have much work to do, and we are grateful for all those who volunteer in the service of the Lord.

It is essential that we get our finances on a much firmer footing in 2022 so that we are released and focussed on serving the Lord. All of us have a part to play in our discipleship and our giving.

On 21 March 2022, the PCC met as a body to discuss this Annual Report and Accounts and were able to question the Treasurer on the key features of the 2021 year. They also considered whether the Church would be able to meet its obligations as they fall due in the next twelve months. In forming that view, they considered the overall resources available to the PCC and, having made reasonable inquires, took the view that there were sufficient options available to the Church to carry on as a going concern at least in the forthcoming twelve months being the minimum period required to be considered as part of any year end process.

Having satisfied themselves on all these issues, the PCC as a body authorised the Vicar and the Treasurer to sign the Balance Sheet on their behalf with the Vicar also authorised to sign this Annual Report. The PCC also authorised the Treasurer to release this document for independent examination.

The Reverend Andrew Colmer

Vicar

On behalf of the PCC on 21 March 2022

13

The Accounts – Independent Examiners’ Report

Independent Examiner's Report (SORP 2015) Report to the Parochial Church Council (PCC) of All Saints’ Church, Childwall, Liverpool, on the accounts for the year ended 31[st] December 2021.

This is an unqualified report.

Respective responsibilities of Trustees and Examiner

The PCC are responsible for the preparation of the accounts on pages 15 to 22. They consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

• examine the accounts under section 145 of the Charities Act,

• to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and

• to state whether particular matters have come to my attention.

Basis of Independent Examiner's Report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the PCC concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view, and the report is limited to those matters set out in the statement below.

Independent Examiner's Statement

In connection with my examination, no matter has come to my attention:

1) which gives me reasonable cause to believe that in, any material respect, the requirements:

• to keep accounting records in accordance with section 130 of the Charities Act;

• to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Claire Smith, Liverpool

2022

14

The Accounts - Statement of financial activities

For the Year Ended 31 December 2021

Unrestricted
Funds
Note
£
INCOMING RESOURCES
Voluntary Income
1(a)
148,720
Activities for generating funds
1(b)
0
Income from investments
1(c)
0
Church Activities
1(d)
87,408
Other incoming Resources
1(e)
0
TOTAL INCOMING RESOURCES
236,128
RESOURCES EXPENDED
Church Activities
2(a)
(284,014)
Cost of generating funds
2(b)
(14,556)
Governance costs
2(c)
(374)
TOTAL RESOURCES EXPENDED
(298,944)
NET (OUTGOING)/INCOMING RESOURCES
(62,816)
Transfers between Funds
12
8,128		 Unrestricted
Funds
Note
£
INCOMING RESOURCES
Voluntary Income
1(a)
148,720
Activities for generating funds
1(b)
0
Income from investments
1(c)
0
Church Activities
1(d)
87,408
Other incoming Resources
1(e)
0
TOTAL INCOMING RESOURCES
236,128
RESOURCES EXPENDED
Church Activities
2(a)
(284,014)
Cost of generating funds
2(b)
(14,556)
Governance costs
2(c)
(374)
TOTAL RESOURCES EXPENDED
(298,944)
NET (OUTGOING)/INCOMING RESOURCES
(62,816)
Transfers between Funds
12
8,128		 Restricted Endowment
Funds
Funds
£
£
9,088
0
0
0
5,013
0
0
0
0
0
14,100
0
0
0
0
0
0
0
0
0
14,100
0
(8,128)
0		 Restricted Endowment
Funds
Funds
£
£
9,088
0
0
0
5,013
0
0
0
0
0
14,100
0
0
0
0
0
0
0
0
0
14,100
0
(8,128)
0		 2021
2020
£
£
157,808
156,468
0
0
5,013
5,674
87,408
99,268
0
1,350
250,229
262,760
(284,014)
(299,963)
(14,556)
(14,193)
(374)
(450)
(298,944)
(314,606)
(48,715)
(51,846)
0
0
TOTAL FUNDS
NET (OUTGOING)/INCOMING RESOURCES
AFTER TRANSFERS
GAINS AND LOSSES ON INVESTMENTS
REVALUATION OF PROPERTY
NET MOVEMENT IN FUNDS
BALANCES BROUGHT FORWARD AT 1 JANUARY 2021
BALANCES CARRIED FORWARD AT 31 DECEMBER 2021		 (54,688)
0
0
(54,688)
539,853
485,165		 5,972
0
0
5,972
442,557
448,529		 0
11,376
0
11,376
79,852
91,228		 (48,715)
(51,846)
11,376
5,112
0
0
(37,339)
(46,733)
1,062,262
1,108,996
1,024,923
1,062,262

15

The Accounts - Statement of financial position

Charity Reference: 1128283 As at 31 December 2021

Note
FIXED ASSETS
Tangible fixed assets
4(a)
Investment assets
4(b)
CURRENT ASSETS
Stock
6
Debtors
7
Cash at bank and in hand
LIABILITIES:
AMOUNTS FALLING DUE WITHIN
8
ONE YEAR
NET CURRENT ASSETS
NET ASSETS
FUNDS
Unrestricted
5
Restricted
5
Endowment
5		 2021
2020
£
£
528,038
537,666
90,825
79,449
320
320
5,251
6,025
476,859
471,203
482,431
477,548
(76,371)
(32,403)
406,059
445,145
1,024,923
1,062,262
485,165
539,853
448,529
442,557
91,228
79,852
1,024,923
1,062,262

Approved by the Parochial Church Council on 21 March 2022 and signed on its behalf by:

Reverend Andrew Colmer (Vicar)

Alan Woods (Treasurer)

The policies and notes on pages 17 to 22 form part of these accounts.

16

The Accounts – Accounting Policies

For the Year Ended 31 December 2021

Statement of Accounting Policies

The accounts have been prepared in accordance with the Church Accounting Regulations 2006 together applicable accounting standards and the SORP 2015.

The accounts have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value.The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include 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 the investment of the endowment may be used either as restricted or unrestricted funds depending upon 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 object or invited by the PCC for a specific object. The funds may only be expended on the specific objects for which they were given. Any balance remaining unspent at the end of the year must be carried forward as a balance on that fund. The PCC does not usually 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.

Incoming Resources

Planned giving, collections and donations are recognised when received. Tax refunds are recognised 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 are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.

Resources Expended

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

Fixed Assets

Consecrated and beneficed property is not included in the accounts in accordance with s.96(2)(a) of the Charities Act 1993.

Movable church furnishings held by the vicar and churchwardens on special trust for the PCC, and which require a faculty for disposal, are inalienable property, listed in the church's inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements.

Equipment used within the church premises is depreciated on a straight line basis over four years. Individual items of equipment with a purchase price of £2,000 or less are written off when the asset is acquired unless otherwise approved and would then be depreciated over 4 years on a straight line basis.

Investments are valued at market value at 31 December.

17

The Accounts – Notes

For the Year Ended 31 December 2021

1 INCOMING RESOURCES

Unrestricted
Funds
£
1(a) Voluntary Income
Planned Giving:
"Gift Aid" Donations
120,237
Income Tax recoverable on "Gift Aid"
21,925
Collections (open plate) at all services
6,559
Donations
0
Grants
0
Legacies
0
148,720
1(b) Activities for generating funds
Fetes, bazaars, other fund-raising events
0
0
1(c) Income from investments
Interest
0
Dividends
0
0
1(d) Church Activities
Playgroup
40,241
Wedding and Funeral Fees
19,044
PCC Branches
22,411
Sundries
5,713
87,408
1(e) Other incoming Resources
80 Green Lane North rent
0
0
TOTAL INCOMING RESOURCES
236,129		 Restricted
Endowment
Funds
Funds
£
£
0
0
0
0
0
0
9,088
0
0
0
0
0
9,088
0
0
0
0
0
2,708
0
2,305
0
5,013
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,100
0		 2021
2020
£
£
120,237
114,625
21,925
20,352
6,559
6,897
9,088
14,295
0
0
0
300
157,808
156,469
0
0
0
0
2,708
3,434
2,305
2,240
5,013
5,674
40,241
69,135
19,044
13,223
22,411
13,122
5,713
3,788
87,408
99,268
0
1,350
0
1,350
250,229
262,759
TOTAL FUNDS

18

The Accounts – Notes

For the Year Ended 31 December 2021

2 RESOURCES EXPENDED

Unrestricted
Restricted Endowment
Funds
Funds
Funds
£
£
£
2(a) Church Activities
Missionary and charitable giving:
Overseas Mission
(4,799)
0
0
Tear Fund
(3,839)
0
0
Home & Church Societies
(10,558)
0
0
Ministry:
Parish Share
(118,225)
0
0
Clergy and Other Diocesan Expenses
(5,381)
0
0
Lay Ministry Expenses
0
0
0
Staff costs and expenses
(109,541)
0
0
Teaching materials, upkeep of services and stationery
(3,980)
0
0
Church and Property Running Expenses:
Heating and lighting
(6,462)
0
0
Insurance
(6,311)
0
0
Council tax and Water rates
(2,507)
0
0
Maintenance
(2,043)
0
0
Depreciation
(9,627)
0
0
Sundry
(741)
0
0
(284,014)
0
0
2(b) Cost of generating funds
Cost of trading
0
0
0
Bank charges
(378)
0
0
Open for All
0
0
0
PCC Branch activities
(14,178)
0
0
(14,556)
0
0
2(c) Governance costs
Accounting software
(374)
0
0
(374)
0
0
TOTAL RESOURCES USED
(298,944)
0
0		 2021
2020
£
£
(4,799)
(4,843)
(3,839)
(3,874)
(10,558)
(10,654)
(118,225)
(125,895)
(5,381)
(5,056)
0
0
(109,541)
(119,664)
(3,980)
(3,632)
(6,462)
(5,893)
(6,311)
(5,802)
(2,507)
(5,011)
(2,043)
(2,076)
(9,627)
(7,316)
(741)
(249)
(284,014)
(299,965)
0
0
(378)
(575)
0
0
(14,178)
(13,618)
(14,556)
(14,194)
(374)
(450)
(374)
(450)
(298,944)
(314,609)
TOTAL FUNDS

19

For the Year Ended 31 December 2021

The Accounts – Notes

3
STAFF COSTS
Wages and Salaries
Social Security Costs
Pension Costs		 2021
2020
£
£
95,101
103,333
5,936
5,414
7,137
9,803
108,174
118,550

During the year, the PCC employed a Sexton, a Church Administrator, a Youth Worker and 5 Playgroup staff until August 2021 when the Playgroup closed.

No one person earned more than £20,000.

Included within staff costs and expenses in the Statement of Financial Activities are staff expenses other than payroll costs.

4 FIXED ASSETS FOR USE BY THE PCC

4
FIXED ASSETS FOR USE BY THE PCC
4(a)
Tangible Fixed Assets
GROSS BOOK VALUE
At 1 January 2021
Additions
Transfers
At 31 December 2021
DEPRECIATION
At 1 January 2021
Charge for the year
At 31 December 2021
NET BOOK VALUE
At 31 December 2021		 Freehold
Fixtures and
Buildings
Fittings
Total
£
£
£
522,248
32,978
555,226
0
0
0
4,893
(4,893)
0
527,141
28,085
555,226
0
(17,561)
(17,561)
0
(9,627)
(9,627)
0
(27,188)
(27,188)
527,141
897
528,038
At 31 December 2020 522,248 15,417
537,665

The opening amounts on the freehold buildings were professionally revalued during 2002 by E.C. Harris, Chartered Surveyors, on the basis of reinstatement cost.

Transfers in the year have been done to aid comparability.

4(b)

Investments
3,878 Shares in CBF Investment Fund
Historical Cost
Market Value		 2021
2020
£
£
2,066
2,066
90,825
79,449

20

The Accounts – Notes

For the Year Ended 31 December 2021

5 ANALYSIS OF NET ASSETS BY FUND

Unrestricted
Funds
£
Fixed Assets
498,677
Cash at Bank and In Hand
57,287
Stock
320
Debtors
5,251
Current Liabilities
(76,371)
Long Term Liabilities
0
Fund Balance
485,165
6
STOCK
Playgroup uniforms
Fairtrade
7
DEBTORS
Income Tax recoverable
8
LIABILITIES
AMOUNTS FALLING DUE WITHIN ONE YEAR
Accruals and deferred income		 Restricted
Funds
£
29,361
419,170
0
0
0
0
448,530		 Endowment
Funds
Total
£
£
90,825
618,864
403
476,859
0
320
0
5,251
0
(76,371)
0
0
91,228
1,024,923
2021
2020
£
£
220
220
100
100
320
320
2021
2020
£
£
5,251
6,025
5,251
6,025
2021
2020
£
£
(76,371)
(30,714)
(76,371)
(30,714)

The PCC arranged a pension scheme in 1995 with The Pensions Trust which is available to all employees. The scheme was a defined contribution scheme and there was no liability to the PCC as an employer. However, due to changes in government legislation, a contingent liability arises should we withdraw from the scheme. The PCC believe that it is unlikely that any liability will arise since it cannot envisage a time when we will no longer have employees eligible to join the scheme. The contingent liability as at 31st December 2021 was £908 (2020: £3,205).

21

The Accounts – Notes

For the Year Ended 31 December 2021

9 FUND DETAILS

The restricted funds comprise the Organ Fund, Churchyard Maintenance Fund, and the Restoration & Development Fund. The endowment fund comprises several permanent endowments which require the income to be spent on the upkeep of the Churchyard and the Church Fabric.

10
UNRESTRICTED FUNDS
Hall & Curacy House
Fixtures & Fittings
General Fund
Fabric Fund - Designated
Project Fund - Designated
PCC Branches - Designated
Debtors
Stock
Current Liabilities		 2021
2020
£
£
497,780
493,280
897
15,418
11,552
14,433
13,098
12,240
7,809
7,805
24,828
22,734
5,251
6,025
320
320
(76,371)
(32,402)		 0
-0
0
0
0
485,164
539,854
PCC Branches - Designated
Debtors
Stock
Current Liabilities		 24,828
22,734
5,251
6,025
320
320
(76,371)
(32,402)
485,164
539,854
11
RESTRICTED FUNDS
Organ Fund
Churchyard Maintenance Fund
Development Cash on Deposit
Restoration & Development Fund (plus General)
Fixed assets
Debtors
Current Liabilities
Long Term Liabilities		 2021
2020
£
£
9,185
9,179
16,578
15,116
263,336
260,715
130,070
128,578
29,361
28,968
0
0
0
0
0
0
448,529
442,555
12
TRANSFERS BETWEEN FUNDS

Periodically certain costs are transferred between unrestricted and restricted funds to aid comparability. When this happens, there is no effect on the overall total for the year.

There are minor roundings which have not been corrected as they have no meaningful impact on the accounts.

During the year, certain costs have been re-analysed to provide a better understanding for each caption. This may explain why certain costs are different from last year as the prior year numbers have not changed.

22

Appendix - Administrative information

Address

Church office phone number Church office email address Church website Church Facebook

Vicar Vicar’s email address Curate Associate ministers

Ordinand Churchwardens Deputy Churchwarden Office administrator Church sexton PCC Secretary Treasurer Gift Aid Secretary Safeguarding Officer Church organist Director of music Readers

Children’s and Youth Leader Jennifer Hargreaves Web-site manager Independent Examiner Bankers

All Saints’ Church, Childwall Abbey Road, Childwall, Liverpool, L16 5EY 0151 538 5973 office.allsaintschildwall@gmail.com www.allsaintschildwall.org.uk allsaintschildwall

Reverend Andrew Colmer vicar.allsaintschildwall@gmail.com

Reverend Helen Deegan Canon Dick Williams and Reverend William Forster

Adeyinka Olushonde Alison Kefford and Barbara Critchley Graham Deacon Ruth Scott (until 31 March 2022) Peter Kefford Sue Harrison Alan Woods Diane Deacon Aidan Holmes Norman Mason John McCloughlin Garry Critchley, Ed Franklin, Lynn Hudson, Alan Woods, Joan McClelland (PTO), Malcolm Colmer (Emeriti), Chris Thomas (Emeriti) Gypsey-Leigh Tait (until 30 September 2021) Play Group Manager (until 19 August 2021) Fatemeh Darvishi

Claire Smith Barclays Bank plc, Allerton Road, Liverpool, L18 2DH and the Central Board of Finance of the Church of England, 80 Cheapside, London, EC2V 6DZ

23

Appendix - The Parochial Church Council

Composition

In addition to the Vicar, the Curate and the Wardens (who are ex-officio members), there can be an additional twenty-one members of the PCC (including 6 Deanery Synod members).

Period From 23 January 2019 From 28 June 2020

Type No Name Period Vicar: The Reverend Andrew Colmer From 23 January 2019 Curate: The Reverend Helen Deegan From 28 June 2020 Wardens: Alison Kefford From the 2021 APCM Barbara Critchley From the 2021 APCM Deputy Warden: Graham Deacon See below Deanery Synod: 1 Aidan Holmes From the 2020 APCM 2 Keith Caulkin From the 2020 APCM 3 Vacant From the 2020 APCM 4 Vacant From the 2020 APCM 5 Vacant From the 2020 APCM 6 Vacant From the 2020 APCM Elected members: 7 Viv Kerr From the 2019 APCM 8 Sue Harrison (Secretary) From the 2019 APCM 9 Delia Owen From the 2019 APCM 10 Alan Woods (Treasurer) From the 2019 APCM 11 Mary Harrison From the 2020 APCM 12 Graham Deacon (Deputy Warden) From the 2020 APCM 13 Adrian Carter From the 2020 APCM 14 John Groom From the 2020 APCM 15 Sarah Swensson From the 2020 APCM 16 Chris McDonald From the 2020 APCM 17 Vacant From the 2020 APCM 18 Gary Vyse From the 2021 APCM 19 Jennifer Holland From the 2021 APCM 20 Vacant From the 2021 APCM 21 Vacant From the 2021 APCM

Some of the members above may have stood for election in earlier years. The period designated refers to the most recent time they stood for election at an APCM (the Annual Parochial Church Meeting).

Stuart McClelland, Garry Critchley, Diane Deacon, Dr Andrew McCaldon and Sue Parry, elected at the 2018 APCM, did not stand again in 2021. Mary Harrison stood down as Deputy Warden at the 2021 APCM but remains a member of the PCC.

It was agreed at the 2020 APCM that, from 2021, any Deputy Church Wardens elected will be ex-officio members of the PCC thus freeing up 2 extra places for new PCC members.

24

Appendix - Governance

What the Parochial Church Council is and how it is appointed

The Parochial Church Council (PCC) is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure and is a registered charity. The Charity Registration number is quoted on the front cover of this report.

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 for a threeyear term. The PCC, mindful of its need for expertise in areas such as health and safety, disability discrimination, and Protection for All legislation, actively encourages members with the required skills to stand for election.

The PCC organises induction and training for all new members and avails itself of the training and expertise provided by the Resources Department of the Diocese of Liverpool. All PCC members have revisited the aims and goals of the PCC. The PCC has passed basic health and safety policies, risk assessment and management and child protection procedures and has reviewed and acted on the Disability Audit.

The purpose of the PCC

The primary objective of the PCC is the promotion of the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England.

The PCC has the responsibility, with the support of the Incumbent, in promoting the whole mission of the Church, evangelistic, pastoral, social and ecumenical, especially, but not exclusively, in the ecclesiastical parish. The PCC takes seriously its responsibility to enable in the whole life of this church both our love of God and our love of neighbour to be expressed appropriately.

When planning our activities for the year, the PCC considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance to charities concerned with the advancement of religion.

In addition to the objectives set out above, the PCC is also responsible for the production of this Annual Report and Accounts (including safeguarding the assets in its care throughout the year) and for the oversight of the employees of the Church including the Playgroup.

How the PCC is organised and managed

The Standing Committee is the only committee required by law. It has power to transact the business of the PCC between its meetings, subject to any directions given by the Council. It comprises the Vicar, Wardens and the PCC Secretary and is directed by the PCC as a whole. Owing to clashes of times when the majority of the Standing Committee can meet, the PCC has released the Treasurer from attending these meetings as they clashed with his work activities. The PCC has the power to co-opt other members onto the Standing Committee as it sees fit. The Standing Committee facilitates the agendas for PCC meetings.

The PCC’s work is directed in its regular meetings where key decisions are taken. Apart from the Summer Holidays and Christmas, the PCC meets on a monthly basis to conduct its business. The Standing Committee prepares an Agenda a week in advance and there are opportunities for ad hoc issues to be discussed and debated between official meetings by email.

During the year, most of the PCC’s business was conducted on-line and all members confirmed in a declaration about the need for confidentiality.

25

Appendix – Items not subject to an Independent Examination

Additional information on Funds

Designated Restricted
Restricted
Balance at 1 January 2021
Income
- donations
- fees
- tax refund
- dividends and interest
Expenditure
Balance at 31 December 2021
Type of Fund
Balance at 1 January 2021
Income
- donations/cash
- fees
- tax refund
- dividends and interest
Expenditure
Transfer
Balance at 31 December 2021		 Fabric
£
12,240
7
0
0
851
0
13,098
Restricted
Restoration &
Development
(gross)
£
78,142
0
0
0
41
0
78,183		 Organ
Churchyard
£
£
9,180
15,116
5
8
0
0
0
0
0
1,454
0
0
9,185
16,578
Designated
Project
£
7,805
0
0
0
4
0
7,809

The analysis of these funds is reviewed on a regular basis and there will be another review in 2022.

26

Appendix – Pension Details

December 2021 COMPANY: All Saints Church Childwall SCHEME: TPT Retirement Solutions – The Growth Plan

The company participates in the scheme, a multi-employer scheme which provides benefits to some 638 nonassociated participating employers. The scheme is a defined benefit scheme in the UK. It is not possible for the company to obtain sufficient information to enable it to account for the scheme as a defined benefit scheme. Therefore it accounts for the scheme as a defined contribution scheme.

The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came into force on 30 December 2005. This, together with documents issued by the Pensions Regulator and Technical Actuarial Standards issued by the Financial Reporting Council, set out the framework for funding defined benefit occupational pension schemes in the UK.

The scheme is classified as a 'last-man standing arrangement'. Therefore the company is potentially liable for other participating employers' obligations if those employers are unable to meet their share of the scheme deficit following withdrawal from the scheme. Participating employers are legally required to meet their share of the scheme deficit on an annuity purchase basis on withdrawal from the scheme.

A full actuarial valuation for the scheme was carried out at 30 September 2020. This valuation showed assets of £800.3m, liabilities of £831.9m and a deficit of £31.6m. To eliminate this funding shortfall, the Trustee has asked the participating employers to pay additional contributions to the scheme as follows:

Deficit contributions

From 1 April 2022 to 31 January 2025: £3,312,000 per annum (payable monthly)

Unless a concession has been agreed with the Trustee the term to 31 January 2025 applies.

Note that the scheme’s previous valuation was carried out with an effective date of 30 September 2017. This valuation showed assets of £794.9m, liabilities of £926.4m and a deficit of £131.5m. To eliminate this funding shortfall, the Trustee asked the participating employers to pay additional contributions to the scheme as follows:

Deficit contributions

£11,243,000 per annum (payable monthly and increasing by 3% each From 1 April 2019 to 30 September 2025: on 1st April)

The recovery plan contributions are allocated to each participating employer in line with their estimated share of the Series 1 and Series 2 scheme liabilities.

Where the scheme is in deficit and where the company has agreed to a deficit funding arrangement the company recognises a liability for this obligation. The amount recognised is the net present value of the deficit reduction contributions payable under the agreement that relates to the deficit. The present value is calculated using the discount rate detailed in these disclosures. The unwinding of the discount rate is recognised as a finance cost.

27

Appendix- Pension Details pREsE￿VAlUEs PROIN REC￿N￿lIAnoN OF Cff NIF￿AND cUNF￿ PRC•IISION5 piovowitityt of F• P3ZI ss INCOME AIID EXPENL¥nJRE IWAcr 55 Iv￿) LIB LIJ 28

Appendix- Pension Details FRS 102- SECTION 28 ADDITIONAL INFORMATION DEFICIT CONTRIBUTIONS SCHEDULE 51 Ythvl 732 Y•w2 259 Y•w3 Vthv4 Y•w5 824 Ythw6 Y••r7 Y•w8 Y•w9 Vthv 10 Y•w 11 Ythv 12 Y•ar ia Y••r 14 Ythir 15 V•ar 16 Ywr 17 Ythw 18 Ythy 19 Yew20 29