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2020-12-31-accounts

Charity no: 1128483

The Parochial Church Council of the Ecclesiastical Parish of St. Anne, Aigburth, Liverpool ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st DECEMBER 2020

1

Contents

Legal and Administrative Information
Trustees’ Report
Independent Examiner’s Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements		 3
4
13
14
15
16-24

2

Charity Information
Charity Information
Charity Name
Registration
Number
Governing
Document
Principal
Business
Address
Trustees
Incumbent
The Parochial Church Council of the
Ecclesiastical Parish of St. Anne, Aigburth.
1128483
The Trustees are incorporated as a body
c/o St. Anne’s Vicarage,
389 Aigburth Road,
Liverpool L17 6BH
The trustees are listed on page 4
Revd. Ian Greenwood
St Anne’s Vicarage
389 Aigburth Road,
Liverpool L17 6BH
Independent
Examiner
Architect
Bankers
Solicitors		 Susan Buckley FCA BSc
SBA Accounting Limited
Gladstone House
2 Church Road
Liverpool , L15 9EG
R. Wolley B Arch RIBA AABC
St Andrews Business Centre
Queen’s Lane
Bromfield Industrial Estate
Mold
Flintshire
CH7 1HE
HSBC Bank plc
23 Allerton Road
Liverpool L18 2DA
Stephen Borton, Howard Dellar
St. James’s House
20 St. James’s Road
Liverpool L1 7BY

3

Trustees’ Report for the year ended 31st December 2020

Reference and administrative details

The details are set out on page 3.

Trustees

The trustees who served during the year are as stated below.

Incumbent Revd. Ian Greenwood (Chair) Treasurer Mrs Caroline Blower
Curate Revd. Matt Davis Elected Mr John Millington to 2023
Members Miss Rosa Dover to 2023
Churchwardens Mr Ian Devine Mrs Pam Knowles to 2023
Mr Paul Roberts Mrs Margaret Parry to 2023
Deputy Warden on Mrs Jan Crane Mrs Jacky Evans to 2022
PCC Mr Martin Lovgreen Mr David Bruffell to 2022
Mrs Gill Jones to 2022
Readers Mr Paul O’Brien Mrs Julie Mangan to 2022
Mr Ian Crowe (Vice Chair) Mr John Brown to 2021
Deanery Synod Mrs Nikki Cunningham Miss Carole Lee to 2021
Representatives Mr Rob Wallace Mrs Donna Branch to 2021
Mr Mark Simon
4

Structure Governance and Mana ement , g

Governing The Parochial Church Council (PCC) is established under the Parochial Church Councils (Powers) Measure 1956 (as amended) and is a body corporate with perpetual document succession. The PCC is also regulated by, inter alia, the Church Representation Rules. Reference to all this legislation is essential for a full understanding of the PCC’s legal status and its members’ duties and responsibilities. The PCC is a charity registered with the Charity Commission with effect from 11th March 2009.

Related Parties The charity has a close relationship with St Anne’s Parish Hall. The PCC is the trustee body for this organisation. As from 1[st] April 2011 Aigburth Community Church took over responsibility for the hall on a 20-year lease. The trustees have a risk management strategy which comprises: Risk Management An annual risk assessment (listed in the PCC’s Risk Register) the establishment of systems and procedures to mitigate those risks identified in the plan; and the implementation of procedures designed to minimise any potential impact on the charity should those risks materialise. The PCC assessed their major risk and put in procedures to manage those risks and minimise their impact on the life of the church. Action in the main areas has been taken as follows: Financial Risk : An annual forecast is prepared to ensure short term viability. The financial position is reported to the PCC every two months. All assets are insured and levels reviewed annually and approved by the PCC. Health and Safety : A review has been undertaken by a member of the church with specific experience in this field. The PCC has been apprised of the risks and the necessary compliance requirements and these have been complied with. Specific procedures for recording accidents have been put into place and all churchwardens and sidespeople have been trained in fire safety. These procedures are reviewed on an annual basis and formally reported to the PCC. Child and Vulnerable Adult Protection : All those working with children, young people and vulnerable adults have been (or are in the process of being) formally checked under child protection legislation. And we currently working through filling in DBS forms for all those requiring new/up to date DBS forms. 5 All formal risk assessments are listed within the PCC’s Risk Register and reviewed annually.

Objectives and activities

The objects of The PCC is required by the PCC (Powers) Measure 1956 to co-operate with the Minister in promoting in the parish the whole mission of the church, pastoral, evangelistic, the charity are: social and ecumenical. In addition, the PCC has responsibility for the maintenance of the church buildings, the churchyard and boundary walls, together with associated parish properties.

At St Anne’s, we seek to promote and proclaim the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England through the ministry of Bible teaching and preaching and the administration of the Sacraments of Baptism and Holy Communion, and by word and deed to love God and our neighbours. We are a growing church in the South of Liverpool and we welcome those of any age who wish to worship in a friendly atmosphere. We believe that our Christian faith is what connects us with Jesus Christ and through our range of services and other activities we hope to give people the opportunity to become his disciples. We also believe it’s important to have plenty of fun along the way!

Public Benefit When planning our activities for the year, the PCC gave consideration to the Charity Commission’s guidance on public benefit and the specific guidance to charities Statement concerned with the advancement of religion.

Achievements 2020 proved to be a year like no other with the impact of the Coronavirus being felt in every aspect of our lives and this was also felt by the church in many different ways. and Throughout the year there have many positives and encouragements but also many challenges. performance during the The Electoral Roll now numbers 169 people with 67 non-residents in the parish compared with 2019 figures of 168 people 67 of whom were non-residents. The static year: nature of these figures is due to the various COVID-19 lockdowns meaning our church has been unable to operate in the usual way; many members of the church have

The Electoral Roll now numbers 169 people with 67 non-residents in the parish compared with 2019 figures of 168 people 67 of whom were non-residents. The static nature of these figures is due to the various COVID-19 lockdowns meaning our church has been unable to operate in the usual way; many members of the church have been isolating, watching online or have been forced to shield. It is therefore difficult to gain an accurate measure of numbers who have been attending services.

Worship has been greatly affected by COVID-19 restrictions. During the first lockdown (March 2020) all churches were closed and our services moved to being online only. This proved very challenging, whilst also having a number of positives. We developed and grew our social media platforms along with our website and saw a growing level of interaction with people from as far a field as Canada and Nigeria. Our online presence has hugely improved which is exciting, however, the difficulty with online worship is gauging who is actually watching and interacting and developing ways to deepen and grow those relationships.

In July we were able to re-open our doors, however this was with severe limitations and restrictions in place. We developed an online booking system and limited our maximum attendance to 70 (in line with social distancing). The nature of the restrictions meant that we could not offer any fellowship groups or children’s groups or Sunday school. We were not able to sing and social interaction between the congregations was not viable. The result is a ‘stifled’ service, one which is lacking in atmosphere and fellowship – something which our church has thrived on these past few years.

We have been encouraged by the numbers attending which have remained fairly constant, however, we are very much aware that these numbers are nowhere near our usual attendance figures. We are also finding it hard to maintain relationships with the members of church who are not yet ready to return, or those who are isolating or shielding. As time goes on this becomes more apparent.

6

Objectives and activities (continued)

Achievements Our 11am service is livestreamed each week and we average around ’30 screens’ watching live, taking an average screen as two people watching, this is an additional 60 and people attending virtually. However, we have no way of knowing if each ‘screen’ is one, two, three or more people. The service remains online and can be watched performance anytime afterwards, we know that throughout the week each video is watched around 100 times which is very encouraging. during the year: We are one of a small number of churches in the diocese to remain open (others have closed at various stages during subsequent lockdowns) many people have expressed

We are one of a small number of churches in the diocese to remain open (others have closed at various stages during subsequent lockdowns) many people have expressed their gratitude that we have managed to remain open during these challenging times, as we have been able to offer a place of peace and comfort, a spiritual strengthening, and for many the only time in the week when they have been able to see another human being! We must not underestimate the importance of this for peoples spiritual and mental well-being.

Pastoral Care and service to our community is important to us and during the last few years we have developed an effective pastoral visiting team. During lockdown, visiting in peoples homes has not been permitted, however, our Pastoral care continues in different ways as we seek to take God’s love out of the church walls. We have developed a ‘phone team’ that call members of the church on a rota basis, simply to check that they are OK and to offer a listening and loving ear. We have been involved in offering help and support with shopping, picking up prescriptions and even managed to arrange doctors appointments and visits for a number of elderly members of church. We have continued to collect food for the local foodbank and took part in the ‘reverse Advent Calendar’ where members of the congregation donated an item of food each day during Advent. We have seen the benefits of Social Media in this and have used ‘WhatsApp’ very effectively to support one another. This has been used by the leaders of the various teams to share important information but also by various members of the church as a means of keeping in contact. (i.e. St. Anne’s men's/ladies groups and House groups).

This year we ran our ‘What if?’ course via Zoom. 6 people attended the course, which is designed for people exploring Christianity. The feedback from those attending was positive, however, it was very difficult to lead the course online due to the nature of the course being about social interaction and building friendship. This is very difficult to do online.

As a church we continue to support various charities; many of our members are involved in a variety of ways with Operation Christmas Child, run by Samaritan’s Purse, whose Turn on the Tap project is also supported in various ways. We also support the Liverpool MICAH foodbank, with regular contributions. In 2019 the PCC decided we were in a financial position to resume charitable giving. (This was stopped a number of years ago due to our poor financial situation) To that end we gave £1000 in 2019 and this year gave £1500, split between the ‘Whitechapel Centre’ and ‘The Samaritans’.

In previous years, we have had a strong ‘Mission/social/outreach programme’ where we have focussed on building friendship and fellowship across the church family. We aim to vary the events so that there is something to appeal to everyone. Obviously this has not happened during the pandemic, however, we have tried a number of events online. During the first lockdown we held a virtual ‘Pub Quiz’ each week via Zoom, this proved very popular and saw a number of new people join each week. We held Online Carol singing and an online Nativity service at Christmas. We are in the process of arranging an online Bingo event, where we will also offer COVID-19 friendly goodie bags for those wishing to take part. We have held fortnightly Zoom get togethers for our women's and men's groups, simply to enable members to get together 7 with a drink and have catch up online.

Objectives and activities (continued)

Achievements Our Toddler group (SAS) which ran on a Thursday morning has been a huge success story in recent years, sadly this group has also been unable to meet. However, each and week there has been an online singalong for members of the group to gather together. performance during the 2020 saw a huge step forward in our re-ordering project ‘Space2Grow’. On 12[[th]] January we moved out of church into the local secondary school as the contractors moved year: in to begin the building work. What should have been a 12 week build took over 6 months due to the pandemic and other complications. Eventually the works were

2020 saw a huge step forward in our re-ordering project ‘Space2Grow’. On 12[[th]] January we moved out of church into the local secondary school as the contractors moved in to begin the building work. What should have been a 12 week build took over 6 months due to the pandemic and other complications. Eventually the works were complete and we are delighted with the outcome. We now have a modern and flexible building that is equipped with excellent facilities to enable mission for generations to come. It offers a wonderful and tasteful blend of modern and traditional, the developments have been carried out to a very high standard and the overwhelming feedback is hugely positive. We now have a building that can be used by various groups as we can now provide the modern standards that are expected by people today.

The phased works that have taken place are outlined below. We have completed phase 1 and look forward to commencing phase 2 in the spring of 2021 after we received - a grant of £48,000 The grant was provided by Viridor Credits (http://www.viridor credits.co.uk/), to whom we are very grateful. As our Church is within 10 miles of a Viridor landfill site we were eligible to apply for a grant which basically uses landfill taxes to give something back to the community. This grant will allow us to replace our heating system and move from oil to mains gas. The new system will be far more energy efficient, will be more powerful, and have smart zonal controls. Replacing our 35 year old boiler also removes the very real risk of a total heating failure, which has been a concern for many years. We are planning on completing the works during the spring / summer 2021.

.

– Phase 1 Flooring, Chairs, Toilets, Dais Removal pews and raised plinths Install new oak wooden floor to nave of church Provide 300 new chairs with stacking trolleys Provide two new toilets with baby changing and disabled access Construct new full-size kitchen with hot water supply and ‘whitegoods’ appliances. Construct new storage room Construct new Dias and re-carpet chancel Re-decorate the two side rooms Refurbish existing toilet and replace small kitchen Redecorate large areas of the church Install new church alarm

Phase 2 – Heating (Spring 2021) Replace existing heating system including new gas fired boilers

8

Objectives and activities (continued)

Financial The results for the year are set out on page 14 Review

Unrestricted income for the year was £115,489 compared to expenditure of £87,397, a surplus of £28,092. Despite the coronavirus pandemic, our main source of unrestricted income remained direct giving by our members which amounted to £42,071 , a drop of less than £1k compacted to the previous year. Tax reclaimed on gift aid increased by c.£5k in the year to £14,621. Legacies of £42,000 were also received. Collections fell by £6k but this was offset by increased donations of nearly £7k..

Underlying unrestricted costs decreased slightly from £92,019 to £87,267 primarily due to reduced utility costs, mission costs and clergy expenses.

Space2Grow phase one was completed in the year, using restricted funds of £279k in the year. Income of £62.6k was received for the project in the year, £36k of which was reclaimed VAT.

Investment Under the Trust Deed, the charity has the power to invest in any way the trustees wish. Powers and policy The trustees, having regard to the liquidity requirements of the church and to the reserves policy, have operated a policy of keeping available funds in an interest-bearing deposit account with the charity’s bankers.

The actual free reserves at 31st December 2020 were £106k but it is anticipated that this will be significantly reduced in 2021 as a number of projects have been planned.

9

Objectives and activities (continued)

Plans for future periods

In recent years we have seen real change at St. Anne’s and God has been very much at work. We are thankful for all that God is doing and are excited about the future. We have a fantastic church and there is much to look forward to in the years ahead.

However, its apparent that the next 12 months are filled with uncertainty as we hope to come through (and out of) the pandemic and its accompanying restrictions. What our church will ‘look’ like as we come out of this period is uncertain. One thing is guaranteed we will need to re-imagine what church looks like, we will need to continue to grow our online worship and look to deepen fellowship in this area. We are also aware that should restrictions be lifted later in 2021, we cannot simply expect to return to ‘normal’ operating patterns straight away, if at all!!!!. Things have changed and we will need to adapt and change accordingly. We are in a good position with our reordered and flexible building which offers a space that can be used in many and varied ways and this is something we will need to experiment with as we seek to grow the church in the coming years.

Re-ordering:

As mentioned above our Re-ordering Project entitled ‘Space2Grow’ has gathered momentum considerably over the past 12 months. During the past 12 months we have seen the completion of Phase One, with Phase Two due to be completed in the Spring of 2021. It is hoped that by the summer of 2022 we will be in a position to start the Phase 3 works. (outlined below)

Phase 3 – West End Re-Development

Replace gallery to provide glazed mezzanine Install wheelchair lift to gallery

Re-model west end porch including automatic doors Provide level access for wheelchairs to main entrance Create new gallery rooms including: -

Tea room Two toilets Lift lobby 3 no. meeting rooms with moveable partitions

New heating and lighting continued to west end development

10

Objectives and activities (continued)

Plans for Further plans if restrictions are lifted: future periods

11

Trustees Res onsibilities p

Trustees’ Charity law 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 its responsibilities surplus or deficit for that year. In preparing those financial statements, the trustees are required to: in relation to • Select suitable accounting policies and then apply them consistently;

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Charities Act 1993. 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.

This report was approved by the Board of Trustees on 25[th] March 2021 and signed on its behalf by:

Rev Ian Greenwood Chairman

12

Independent Examiner’s Report (SORP 2015)

Report to the Parochial Church Council (PCC) of St Anne, Aigburth on the accounts for the year ended 31[st] December 2020, as set out on pages 14 to 24 of your Annual Report.

Respective The PCC are responsible for the preparation of the accounts. They consider that an audit is not required for this year undersection 144 of the Charities Act 2011 (the responsibilities Charities Act) and that an independent examination is needed. of Trustees and

Examiner

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 My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records independent 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 Examiner’s 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 statement 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 Since the PCC’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I can confirm I am qualified to Examiner’s undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies. In statement connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

Since the PCC’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I can confirm I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies. In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Charities Act or the accounts do not accord with the accounting records. I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Susan Buckley FCA BSc SBA Accounting Limited Gladstone House 2 Church Road Liverpool L15 9EG

7 April 2021

13

Statement of Financial Activities for the year ended 31 December 2020

Note
Income from:
Donations and legacies
2
Other trading activities
3
Investments
4
Charitable activities
5
Other income
6
Total Income
Expenditure on:
Raising funds
7
Charitable activities
8
Total Expenditure
Net (Expenditure) / Income
Transfer between funds
15
Gains and losses on investment assets
Net movement in funds
Reconciliation of funds
Total funds brought forward at 1 January 2020
Total funds carried forward at 31 December
2020		 Unrestricted Funds
£
112,096
2,627
84
682
0
115,489
130
87,267
87,397
28,092
(2,696)
0
25,396
80,802
106,198		 Restricted Funds
£
60,643
635
0
4,203
2,500
67,981
0
286,785
286,785
(218,804)
2,696
0
(216,108)
220,720
4,612		 Total Funds
2020
2019
£
£
172,739
256,536
3,262
8,980
84
89
4,885
20,879
2,500
0
183,470
286,484
130
310
374,052
113,954
374,182
114,263
(190,712)
172,220
0
0
0
0
(190,712)
172,220
301,522
129,302
110,810
301,522		 Total Funds
2020
2019
£
£
172,739
256,536
3,262
8,980
84
89
4,885
20,879
2,500
0
183,470
286,484
130
310
374,052
113,954
374,182
114,263
(190,712)
172,220
0
0
0
0
(190,712)
172,220
301,522
129,302
110,810
301,522
286,484
310
113,954
114,263
172,220
0
0
172,220
129,302
301,522

14

Balance Sheet for the year ended 31 December 2020

Balance Sheet at 31 December 2020

Fixed Assets
Note
Tangible fixed assets
11
Current Assets
Debtors
12
Cash at bank and in hand
Total Current Assets
Creditors: Amounts falling due within one year
13
Net Current Assets
Total Assets less Current Liabilities
Creditors: Amounts falling due after more than one year
Total Net Assets
The Funds of the Charity
14
Unrestricted funds
Restricted funds
Total Charity Funds		 2020
£
0
8,455
113,625
122,080
11,270
110,810
110,810
0
110,810
106,198
4,612
110,810		 2019
£
0
11,065
295,146
306,211
4,688
301,522
301,522
0
301,522
80,802
220,720
301,522

The notes on pages 16 -24 form part of these accounts.

Approved by the Parochial Church Council on 25[th ] March 2021 and signed on its behalf by:

Revd. I Greenwood

Mr M Lovgreen

15

Notes to the Financial Statements for the year ended 31 December 2020

1. Accounting Policies

The financial statements have been prepared under the historic cost convention. The financial statements have been prepared in accordance with the Charities Act 2011, together with the applicable accounting standards and with the Statement of Recommended Practice – Accounting and Reporting by Charities (SORP 2015 FRS 102).

Funds

General funds represent the funds of the Parochial Church Council (“charity”) that are not subject to any restrictions regarding their use and are available for application on the general purposes of the charity. Funds designated for a particular purpose by the trustees are also unrestricted.

Restricted funds are funds subjected to specific conditions imposed by the donors or through the terms of the appeal.

Transfers of funds are made to recognise the release of restricted funds or to meet expenditure not covered by restricted income.

The accounts include all transactions, assets and liabilities for which the charity is held responsible in law. They do not include the accounts of groups that owe their main affiliation to another body.

Income from:

Donations, legacies and other voluntary income

Voluntary income received by way of grants, donations and gifts is included in the Statement of Financial Activities in the year in which it is received by or on behalf of the charity. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

Planned giving receivable under Gift Aid is recognised only when received. Income tax recoverable on Gift Aid donations is recognised when the income is recognised. Funds raised by the seasonal fairs, fundraising events and similar events are accounted for gross. Sales of books and magazines from the church bookstall are accounted for gross.

The charity received substantial amounts of voluntary help from its supporters, but no attempt is made to place a financial value on these services and they have not been included.

Grants receivable

Grants are credited to the Statement of Financial Activities in the year in which they are receivable.

Other income

Rental income from the letting of the charity’s premises is recognised when the rental is due.

Income from investments

Dividends and interest 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 period.

Gains and losses on investments

16

Realised gains or losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of investments at 31[st] December.

Notes to the Financial Statements for the year ended 31 December 2020

Expenditure on:

Grants

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation to the charity.

Raising funds

All expenses relating to fundraising, publicity, public relations and investment management charges are charged to this heading.

Charitable activities

Charitable activities comprise those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both the costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

The Diocesan Parish Share is accounted for when payable. Any Parish Share unpaid at 31[st] December is provided for in these accounts as an operational (though not legal) liability and is shown as a creditor in the Balance Sheet.

Irrecoverable VAT

All resources expended are classified under activity headings that aggregate all costs related to the category. Irrecoverable VAT is charged against the category of resources expended for which it was incurred.

Tangible fixed assets and depreciations

Consecrated property and movable church furnishings

Consecrated and beneficed property of any kind is excluded from the accounts by which section 10(2)(a) of the Charities Act 2011.

Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal, are accounted for as inalienable property unless consecrated. They are listed in the church’s inventory, which can be inspected (at any reasonable time). 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[st] January 2000 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life (initially over 20 years) on a straight-line basis. All expenditure incurred during the year on consecrated or benefice buildings, whether maintenance or improvement, is written off as expenditure in the SOFA and separately disclosed.

Other fixtures, fittings and office equipment

All expenditure incurred during the year on individual items of equipment, fixtures and fittings with an original cost under £2,000 are written off in the year in which the expenditure was incurred on the basis that due to the nature of the charity’s activities, there is no expectation that the cost of the assets will be recovered in the way of future revenues.

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Freehold leasehold land and buildings - 2% on cost (or valuation)

Long leasehold land and buildings Short leasehold land and buildings

17

Notes to the Financial Statements for the year ended 31 December 2020

Investments

Investments are valued at market value at 31[st] December. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.

Current Assets

Amounts owing to the charity at 31[st] 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 either with the CBF Church of England Funds or at the bank.

Contingent Liabilities and Provisions

In accordance with the SORP, a contingent liability is disclosed for those grants, which do not represent liabilities, where the possible obligation, which arises from past events, will only be confirmed by the occurrence of one or more uncertain future events not wholly within the trustees’ control. Provisions are recognised for those grants where there is uncertainty as to the timing or amount, and any uncertainty regarding the amount is more than one of the determining a basis for reasonable estimation of the liability arising from that constructive obligation.

Charitable status and taxation

As a registered charity. The charity benefits for rates’ relief and is generally exempt from income tax and corporation tax. The charity is not registered for value added tax.

18

Notes to the Financial Statements for the year ended 31 December 2020

2 Donations and legacies
Planned Giving:
Gift Aid donations
Income Tax Recoverable
Other planned giving
Collections (open plate) at all services
Sundry donations
Legacies
Other income		 Unrestricted
Funds
£
40,213
14,621
1,858
3,929
9,475
42,000
112,096		 Restricted
Funds
£
2,695
4,315
540
17,055
36,038
60,643		 2020
£
42,908
18,936
2,398
3,929
26,530
42,000
36,038
172,739		 Unrestricted
Funds
£
40,419
9,851
2,563
9,692
1,691
12,154
76,370		 Restricted
Funds
£
142,340
478
37,348
180,166		 2019
£
157,304
10,329
28,018
9,692
1,691
49,501
0
256,536

19

Notes to the Financial Statements for the year ended 31 December 2020

3Other trading activities
Christmas Fair income
Stall and Table sales
Magazines (inc. advertising fees)
Rent receivable from church premises
Fund raising events - Flowers
Sale of merchandise
Wedding and funeral fees received		 Unrestricted Funds
£
10
25
1,580
0
1,012
2,627		 Restricted Funds
£
0
635
635		 2020
£
0
10
25
1,580
635
0
1,012
3,262		 Unrestricted Funds
£
1,716
365
2,520
782
2,742
8,125		 Restricted Funds
£
855
855		 2019
£
1,716
0
365
2,520
855
782
2,742
8,980

4Investments

Dividends and interest (including any reclaimed tax)

- on cash deposits
Charitable activities
Coffee income
Grants
Camping mens trip
SAYU Weekend
Parish weekend
Other Income
Sale of assets
Raising funds
Cost of Stewardship
Costs of fundraising		 84
84
132
550
682
0
0
65
65
130		 0
4,083
0
120
0
4,203
2,500
2,500
0		 84
84
132
4,633
0
120
0
4,885
2,500
2,500
65
65
130		 89
89
832
250
1,082
0
0
262
48
310		 0
15,140
462
260
3,935
19,797
0
0
0		 20
89
89
832
15,390
462
260
3,935
20,879
0
0
262
48
310

5Charitable activities

6Other Income

7Raising funds

Notes to the Financial Statements for the year ended 31 December 2020

8Charitable activities
Missionary charitable giving:
A Rocha UK
Claire House
Alder Hey
Macmillan Cancer Care
The Samaritans
Ronald McDonald House
Turn on the tap
Whitechapel centre
Ministry
Diocesan parish share
Clergy housing costs
Clergy expenses
Visiting clergy expenses
Mission costs
Church costs:
Rent and rates
Insurance
Heat and light
Repairs and maintenance
Organists salary
Organ maintenance
Flower
Costs of services
Sunday school and young peoples work
Courses and training		 Unrestricted Funds
£
0
0
80
0
750
0
0
750
1,580
58,934
5,172
1,311
441
276
5,234
2,496
5,551
835
451
766
0
288		 Restricted Funds
£
0
0
0
0
0
0
0
0
0
7,000
495
89
0		 TOTAL 2020
£
0
0
80
0
750
0
0
750
1,580
58,934
12,172
1,311
0
936
276
5,234
2,496
5,551
835
451
89
766
0
288		 Unrestricted Funds
£
218
50
0
140
0
100
500
500
1,508
58,524
5,830
2,156
1,406
244
5,150
5,051
4,217
980
444
734
420
425		 Restricted Funds
£
0
0
0
0
0
0
0
0
0
7,000
1,132
100		 TOTAL 2019
£
218
50
0
140
0
100
500
500
21
1,508
58,524
12,830
2,156
0
1,406
244
5,150
5,051
4,217
980
444
1,132
734
520
425

Notes to the Financial Statements for the year ended 31 December 2020

8Charitable activities (cont.)
Printing, postage and stationary
Parish weekend
Major repairs - structural renewal
Camping weekend
SAYU Weekend
Hire of equipment
Subscriptions and Licence Fees
Independent examination
Depreciation Equipment
Architects Fees
Building Fund Other
Sundries
9Net incoming resources
Net incoming resources is stated after charging:
Staff costs (see note 10)
Depreciations
10Staff Costs
Wages and Salaries
Social Security Costs
Pension Costs		 Unrestricted Funds
£
1,674
756
227
1,194
80
87,266		 Restricted Funds
£
0
267,053
0
0
12,148
286,784		 TOTAL 2020
£
1,674
0
267,053
0
0
756
227
1,194
0
12,148
0
80
374,052		 Unrestricted Funds
£
1,433
1,008
438
1,393
0
660
92,019
2020
£
835
0
2020
£
835
0
0
835		 Restricted Funds
£
7,200
2,483
1,259
2,760
21,934		 TOTAL 2019
£
1,433
7,200
2,483
1,259
1,008
438
1,393
0
2,760
0
660
113,954
2019
£
980
0
2019
£
980
0
0
980

The average number of full-time equivalent employees (including casual and part-time staff) employed by the charity during the year was as follows:

2020
1
1		 2019
1
1

Organist

22

Notes to the Financial Statements for the year ended 31 December 2020

Total

10 Fixed Assets

Fixed Assets
Fixtures, Fittings & Equipment
COST OR VALUATION
£
As at 1 January 2020
32,140
Additions
0
Disposals
0
As at 31 December 2020
32,140
DEPRECIATION
As at 1 January 2020
32,140
Charge for the year
0
Depreciation on disposals
0
As at 31 December 2020
32,140
NET BOOK VALUE
As at 1 January 2020
0
As at 31 December 2020
0
The fixtures, fittings & equipment comprises of the roof alarm and the AV/PA system		 Total
£
32,140
0
0
32,140
32,140
0
0
32,140
0
0
12Debtors
Income tax recoverable
Other debtors
13Liabilities: Amounts falling due within one year
Accruals and deferred income
Other creditors
14
Analysis of Net Assets by Fund
Fixed Assets
Current Assets
Current Liabilities
Liabilities after more than one year
Fund Balance		 Unrestricted Funds
£
0
117,468
(11,270)
0		 2020
2019
£
£
5,832
11,065
2,623
0
8,455
11,065
2020
2019
£
£
3,505
3,784
7,765
904
11,270
4,688
Restricted Funds
Total
£
£
0
0
4,612
122,080
0
(11,270)
0
0
106,198 4,612
110,810

23

Notes to the Financial Statements for the year ended 31 December 2020

15Movement on funds

----- Start of picture text -----
As at 1st January 2020 Incoming resources (inc gains) Outgoing resources Transfers At 31st December 2020
£ £ £ £ £
Unrestricted funds
General fund 80,802 115,409 (87,317) (2,696) 106,198
Capital asset fund 0 0 0 0 0
Tuesday drop in fund 0 80 (80) 0 0
Total unrestricted fund 80,802 115,489 (87,397) (2,696) 106,198
Restricted funds
Building fund 214,441 62,648 (279,201) 2,112 0
Children's equipment 2,035 0 2,035
Flag fund 150 0 150
SAYU 1,001 120 0 1,121
M Davis 0 495 (495) 0 0
Curate grants 2,333 4,083 (7,000) 584 0
Flower fund 152 635 (89) 0 699
Parish weekend fund 608 0 608
Total restricted funds 220,720 67,981 (286,785) 2,696 4,612
Total funds 301,522 183,470 (374,182) 0 110,810
----- End of picture text -----

24