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2021-12-31-accounts

The Parochial Church Council of the Ecclesiastical Parish of Paignton Registration Number: 1128706

Annual report of the Parochial Church Council for the Year Ended 31[ST] December 2021

The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706

Annual report of the Parochial Church Council for the year ended 31[ST] December 2021

Aim and purposes

The Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, the Reverend Neil Knox, in promoting the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of the Churches and church halls.

Objectives and Activities

The PCC is committed to enabling as many people as possible to worship and to become part of the parish community. Committed to making Christ known, the PCC maintains an overview of worship throughout the parish and makes suggestions on how services can involve the many groups that live within the parish. The services and worship put faith into practice through prayer and scripture, music and sacrament.

We try to enable people to live out their faith as part of our parish community through:

To facilitate this work, it is important that the fabric of the Churches and halls are maintained.

Administrative Information

The Ecclesiastical Parish of Paignton includes the Parish Church of St John the Baptist situated in Church Street, Paignton; the Daughter Church of St Andrew situated in Sands Road, Paignton and the Daughter Church of St Boniface situated in Belfield Road, Paignton. The correspondence address is The Parish Office, The Vicarage, Palace Place, Paignton, TQ3 3AQ. The working address for the Parochial Church Council (PCC) is Paignton Parish Church, Church Street, Paignton.

PCC members (trustees) who have served from 1st January 2021 until the date this report was approved are:

Incumbent: Father Neil Knox (Appointed 8 August 2021) Reverend Prebendary Roger John Carlton (Resigned 18 January 2021) Licenced Worker: Captain Jeff Hill Luke Appleton (Diocesan Synod Rep and Churchwarden) Carol Friend (Churchwarden) Joyce Capello (Deanery Synod Rep) Jill Davies (Deanery Synod Rep) James Devonport (Deanery Synod Rep, Lay Vice Chair and Treasurer) Ruth Bridge David Brimley Moira Devonport Elaine Hooper Jennie Litt Catherine Martin Michael Gareth Rendell Paul Siviers Catherine Wallace Chris Bridge (Resigned 16 May 2021)

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The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706

Annual report of the Parochial Church Council for the year ended 31[ST] December 2021

Karen Morris (Resigned 16 May 2021) Gordon Partridge (Resigned 16 May 2021) Mavis Hawkins (Appointed 16 May 2021) Oluwole Olaleye Anthony Omogbehin (Appointed 16 May 2021) Debbie Hosking (Appointed 16 May 2021)

Principal Bankers: CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent. E19 4JQ. Independent Examiner: Ian Barrett, Barretts Chartered Accountants, 22 Union Street Newton Abbot Devon TQ12 2JS.

Structure, governance and management

The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC was a charity excepted from registration with the Charity Commission prior to formal registration on 20[th] March 2009. Churchwardens are elected annually at the Annual Vestry Meeting which precedes the Annual Parish Church Meeting. PCC members are appointed as set out in the Church Representation Rules. All Church attendees at the three Churches in the Parish are encouraged to register on the Electoral Roll and to stand for election to the PCC.

At the Annual Church Meeting up to two Assistant Churchwardens are appointed for the two Daughter churches and up to 6 Assistant Church Wardens are appointed at the Parish Church. The PCC officers including the Secretary, Treasurer and Standing Committee are elected at the first PCC meeting following the Annual Parochial Church Meeting.

The PCC endorses the Exeter Diocesan Policy for the Safeguarding of Children and Vulnerable Adults, appoints a Parish Safeguarding Representative(s) and requires DBS disclosure for all persons working with children or involved in regular visiting to the sick or elderly.

The PCC meets regularly through the year. A Standing Committee, consisting of Vicar, Churchwardens and two elected members of the PCC is empowered to deal with any urgent matter between meetings of the PCC.

Objectives and Activities

The primary objective of the PCC is the promotion of the Christian Gospel according to the doctrines and practices of the Church of England. In accordance with the PCC (Powers) Measure the PCC has the responsibility of cooperation with the Vicar in promoting within the Parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.

Many of the church activities were suspended during the lockdown’s announced by the government do help to prevent the spread of the Coronavirus. When periods of lockdown were not in place, the Parish Church continued to offer services and some of the activities listed below took place.

A daily celebration of the Eucharist has been maintained within the Parish, and Morning and Evening Prayer is said on weekdays.

At the Parish Church of St John the Baptist : Sunday Services included 8am Said Holy Communion and a 10am Family Communion service. Since the start of the pandemic, the 10am service and Festival

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The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706

Annual report of the Parochial Church Council for the year ended 31s December 2021

services have been live-streamed. A 12 noon service had been introduced during 2020 to provide additional opportunities for people attend a Said Eucharist, although this ceased in July 2021.

At St Andrew’s Church a decision was made to cease the Sunday 11am Sung Mass service. The church is in the process of becoming under the oversight of a Bishop’s Mission order and will leave the Parish in 2022. At St Boniface, a Said Holy Communion each Tuesday morning. Messy Church took place on the second Sunday of each month from 10am until 12pm, but moved to 11.15am from July 2021. A café style church called ‘Satellite’ took place on the 1°, 3 and 4* Sunday in the afternoon, but in July 2021 this was moved to 11.15am.

A comprehensive offering of study courses for Lent and Advent is offered in the Parish. A weekly Soup Lunch following the Wednesday 11am mass commenced in October. Other activities within the life of the Parish include Prayer Group, Home-based Bible Study Groups, Ladies Group, Bell Ringers (including hand bells), Music Group and Choir.

The PCC endeavours to maintain a level of Giving to Missionary or charitable causes both within and outside the parish.

Achievements and Performance

During the year the PCC reflected on its priorities defined in 2020 focussing time and resources on the development of a revised Mission Action Plan. The 16 key points of the plan are reviewed at PCC meetings and work is in progress to bring these plans to fruition.

Church Attendance

The Electoral Roll for 2021 was 149. Number of participants (attending at least once a month) was 125. Attendance figures increased significantly at major festivals.

Review of the year - Report on the proceedings of the Parochial Church Council 2021 The full PCC met four times during the year with an average level of attendance of 86%.

Financial Review

The total receipts on unrestricted funds amounted to £157,665 and are detailed in the financial statements; designated income was £Nil and restricted income amounted to £25,609. Total income £183,274. Total unrestricted expenditure was £82,907 showing an excess of unrestricted income over expenditure of £82,907.

At 31st December 2021 fixed assets were valued at £238,912, prepayments £12,223, short term deposits £148,651, cash at bank and in hand £17,054 with liabilities of £18,902, giving total assets of £397,938.

Approved by the PCC on 20" March 2022 and signed on their behalf by

Revefend Neil Knox Incumbent & PCC Chair

James Robert Devonport Lay Chair and Treasurer

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The Parochial thurch Council of the Ecdesiastical Parish of Paignton Working Name: Palgnton Parochial Church Councll Reg No: 1128706 Annual report of the Parochial Churth Councll for the year ended 31hDecember 2021 Independent Examinerfs Report to the Trustees of The Parochial Church Council of the Ecclesla5tlcal Parish of Paignlon I report on the accounts of the charity for the year ended 31 December 2021, whlch are Set out on pages 6 to 15. Responslbllitles and bosls of the report As the charity trustees of the Church you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the AcV}. I report in respect of my examination of the Churth'5 accounts carried out under sectlon 145 of The Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commlsslon under section 14515)Ib} of the Act. Independent exominews statement I have completed my examination. I confirm that no material matters have come to my attention In connection with the examination giving me cause to believe that in any material respect: l. Accounting records were not kept in respect of the Church as required by settion 130 of the Act,. or 2. The accounts do not accord with those records; or 3. The accounts do not comply with the applicable requlrements concerning the forn and content of accounts set out in the Charities (Accounts & Reports) Regulations 2(K18 other than any requirement that the accounts give a 'true and fairt view whlch Is not a matter considered as part of an independent examination. I have no corbcerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to reached. lan Barrett FCA FCIE Barretts Chartered Accountants 22 Union Street Newton Abbot TQ12 2JS Dated 2210312022

The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706

Annual report of the Parochial Church Council for the year ended 31[ST] December 2021

STATEMENT OF FINANCIAL ACTIVITIES (SOFA)

Note
Income and Endowments from
Voluntary receipts
2a
Activities for generating funds
2b
Church activities
2c
Investment income
2d
Total Income
Expenditure on
Raising Funds
3a
Church activities
3b
Total Expenditure
Net Income/(Expenditure)
before
investment gains/(losses)
Net gains/(losses) on
investments
5
Net Income/(Expenditure)
Transfer between funds
Net movement in funds
Total funds brought forward
Total funds carried forward
Unrestricted
Funds
£
Designated
Funds
£
Restricted
Funds
£
TOTAL
2021
£
TOTAL
2020
£
115,303
2,433
32,361
7,568
0
0
0
0
25,609
0
0
0
140,912
2,433
32,361
7,568

89,194
30
18,029
7,279
157,665 0 25,609 183,274 114,532
383
102,625
0
3,336
0
13,423
383
119,384


0
135,342
103,008 3,336 13,423 119,767 135,342
54,657
28,250
(3,336)
0
12,186
1,324
63,507
29,574

(20,810)


(385)
82,907
58,695
(3,336)
(58,695)
13,510
0
93,081
0
(21,195)
0
141,602 (62,031) 13,510 93,081 (21,195)
85,274 62,031 157,552 304,857 326,052
226,876 0 171,062 397,938 304,857

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The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706

Annual report of the Parochial Church Council for the year ended 31» December 2021

BALANCE SHEET AS AT 31 DECEMBER 2021

----- Start of picture text -----
Unrestricted | Restricted | TOTAL TOTAL
Funds Funds 2021 2020
Note £ £ £ £
FIXED ASSETS
Tangible Assets 4 2 0 2 2
Investments 5 228,376 | 10,534 | 238,910 | 209,336
228,378 | 10,534 | 238,912 | 209,338
CURRENT ASSETS
Debtors and prepayments 6 12,223 0} 12,223] 17,701
Cash on deposit O | 148,651 | 148,651 84,361
Cash at bank and in hand 5,177 | 11,877 | 17,054| 37,097
17,400 | 160,528 | 177,928 | 139,159
CREDITORS : amounts falling due within
one year 7 (27,640)
NET CURRENT ASSETS 11,998 | 160,528 | 172,526 | 111,519
TOTAL ASSETS LESS CURRENT LIABILITIES 240,376 | 171,062 | 411,438 | 320,857
CREDITORS : amounts falling due
within one year 7a (13,500) 0 | (13,500) | (16,000)
NET ASSETS 226,876 | 171,062 | 397,938 | 304,857
REPRESENTED BY PARISH FUNDS
Unrestricted 226,876 85,274
Designated 8b 0 62,031
Restricted 8a 171,062 157,552
Approved by the PCC on 20" March 2022 and signed on its behalf by _397,938 304,857
Reverend Neil Knox James Robert Devonport
~ {Incumbent & PCC Chair Lay Chair and Treasurer
----- End of picture text -----

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The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706

Annual report of the Parochial Church Council for the year ended 31[ST] December 2021

Notes to the Financial Statements for the year ended 31[st] December 2021

1. ACCOUNTING POLICIES

The Financial Statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable standards and the Charities (SORP 2019).

The Financial Statements have been prepared under the historical cost convention, except for investment assets which are shown at market value. The Accounts include all the transactions, assets and liabilities for which the PCC is responsible in law. They do not include accounts of church groups that owe their affiliation to another body, nor those that are informal gatherings of church members.

Fund Accounting

Endowment funds are funds, the capital of which must be retained either permanently or at the PCC’s discretion; the income derived from the endowment is to be used either as a restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place.

Restricted Funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grants for a specific PCC activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis.

Unrestricted funds are income funds which are to be spent on the PCC’s general purposes.

Designated funds are general funds set aside by the PCC for use in the future. Project funds are designated for particular projects for administration purposed only. Funds designated as invested in fixed assets for the PCC’s own use abated in line with assets’ annual depreciation charges in the SOFA. Designated finds remain unrestricted and the PCC will move any surplus to other general funds.

Income

Planned giving, collections and similar 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 entitled to the use of the resources, their ultimate receipt is considered reasonably certain and the amounts due are reliably quantifiable. Dividends are accounted for when declared receivable, interest as and when accrued by the payer. All incoming resources are accounted for gross.

Expenditure

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 diocese parish share expected to be paid over is accounted for when due.

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The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706

Annual report of the Parochial Church Council for the year ended 31[ST] December 2021

All other expenditure is generally recognised when it is incurred and is accounted for gross.

Fixed assets

Consecrated and benefice property is not included in the accounts in accordance with s.10(2)(a) and (c) of the Charities Act 2011.

Movable church furnishings held by the vicar and the 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 included in the financial statements. Subsequently no individual item has cost more than £1000 so all such expenditure has been written off when incurred.

Due to the age of the building, no cost information is available for the St John’s Church Hall, or St Andrews Community Centre, so both properties are included at a deemed cost of £1.

Investments are valued at market value at 31 December 2021.

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The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706

Annual report of the Parochial Church Council for the year ended 31[ST] December 2021

2. Income and Endowments from

2a
Voluntary receipts
Tax efficient planned giving
Income tax recovered
Collections at services
Legacies
Non-recurring donations and appeals
2b
Activities for generating funds
Fundraising
2c
Church activities
Statutory fees- weddings, funerals etc.
Gross income ( Church magazine)
Gross Income - Church Centre lettings
2d
Investment income
Bank and CBF Deposit Fund Interest
TOTAL INCOME
Unrestricted
Funds
£
Designated
Funds
£
Restricted
Funds
£
TOTAL
2021
£
TOTAL
2020
£
52,600
16,264
5,115
35,289
6,035
0
0
0
0
0
0
0
0
5,000
20,609
52,600
16,264
5,115
40,289
66,933
47,225
7,933
4,212
0
29,824
115,303 0 25,609 140,912 89,194
2,433 0 0 2,433 30
2,433 0 0 2,433 30
9,165
0
23,196
0
0
0
0
0
0
9,165
0
23,196
0
0
18,029
32,361 0 0 32,361 18,029
7,568 0 0 7,568 7,279
7,568 0 0 7,568 7,279
157,665 0 25,609 183,274 114,532

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The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706

Annual report of the Parochial Church Council for the year ended 31[ST] December 2021

3. Expenditure

3a
Raising funds
Cost of fetes
3b
Church Activities
Missionary and charitable giving
Home :
Families Outreach
Choral Tradition
St Boniface Outreach
Thy Kingdom Come
Go Creative
Through Faith Mission
St Boniface Community Garden
Cafe Church/Satellite
Hot Pot
Stay and Play
Messy Church
Easter Holiday Club
Kids Matter
Bears and Prayers
Funday and Fireworks
Other Outreach activities
Ministry: Diocesan parish share
Other ministry costs
Maintenance
Parish Church Heating system
Printing and stationery
Insurance
Light, heat and water
Honorarium/admin costs
Sundry
Examination of annual accounts
Total Expenditure
Unrestricted
Funds
£
Designated
Funds
£
Restricted
Funds
£
TOTAL
2021
£
TOTAL
2020
£
383 0 0 383 0
383 0 0 383 0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
50,857
14,689
13,161
0
0
13,450
9,497
0
311
660
0
3,336
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
112
833
3,544
195
96
181
196
891
9
0
4
133
0
0
0
11
0
0
0
2,975
4,243
0
0
0
0
0
0
112
4,169
3,544
195
96
181
196
891
9
0
4
133
0
0
0
11
0
50,857
14,689
16,136
4,243
0
13,450
9,497
0
311
660
0
25,416
0
0
0
0
0
0
223
64
412
519
12
46
18
0
500
51,313
10,146
11,916
194
673
15,572
10,537
6,235
796
750
102,625 3,336 13,423 119,384 135,342
103,008 3,336 13,423 119,767 135,342

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The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706

Annual report of the Parochial Church Council for the year ended 31[ST] December 2021

4. Tangible Assets

Accrued/deemed cost
At 1 January 2021
Disposal
Additions at cost
At 31 December 2021
Depreciation
At 1 January 2021
Withdrawn on disposal
Charge for the year
At 31 December 2021
Net book value at 31 December 2021
Net book value at 31 December 2020
St John's
Parish Hall
£
St Andrews
Community
Centre
£
TOTAL
£
1
0
0
1
0
0
2
0
0
0
1 1 2
0
0
0
0
0
0
0
0
0
0 0 0
1 1 2
1 1 2

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The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706

Annual report of the Parochial Church Council for the year ended 31[ST] December 2021

5. Investments

. Investments

5682.35 Investment fund
3689 M & G Charitable fund
26 shares CBF investment
fund
450.47 Investment fund
1375 CBF Inc Shares
225.23 shares Fabric Fund
Market Value
at 1 January
2021
Purchases Disposals Market
revaluation
Market value
at 31 December
2021
116,186
50,634
531
9,210
28,170
4,605
0
0
0
0
0
0
0
0
0
0
0
0
16,707
6,774
77
1,324
4,030
662
132,893
57,408
608
10,534
32,200
5,267
209,336 0 0 29,574 238,910

450.47 investment fund is restricted and is for the repair and maintenance of the fabric of St John the Baptist Church and churchyard. The market revaluation has been shown as restricted.

6. Debtors and Prepayments

Unpaid fees Gift Aid to claim Other debtors

2021
2020
£
£
0
1,201
8,000
16,500
4,223
0
2021
2020
£
£
0
1,201
8,000
16,500
4,223
0
12,223 17,701

7. Creditors amounts falling due within 1 year

Fees due to Exeter Diocese
Parish Church heating system
Sundry accruals
2021
£
1,426
0
3,976
2020
£
0
26,486
1,154
5,402
27,640

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The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706

Annual report of the Parochial Church Council for the year ended 31[ST] December 2021

7a. Creditors amounts falling after more than 1 year

Loans from Parishioners

2021
£
13,500
2020
£
16,000
13,500
16,000

One loan of £5,000 was partially repaid in the year in the amount of £2,500.

8a. Restricted Funds

Fabric
Parish Church Heating
Outreach
Legacies
Youth
Other charitable appeals
Mission
Friends of Paignton
Parish Church
At 1
January
2021
Income Expenditure Transfers Investment
gains/
(losses)
At 31
December
2021
41,239
4,128
71,259
0
23,201
572
524
16,629
6,435
10,403
5,700
3,071
(2,975)
(4,243)
(6,093)
(112)
(115)
115
1,324 45,908
0
75,569
5,700
23,201
3,531
524
16,629
157,552 25,609 (13,423) 0 1,324 171,062

8b. Designated Funds

Outreach
Vicar Designated
At 1
January
2021
Income Expenditure Transfers Investment
gains
At 31
December
2021
38,787
23,243
(3,336)
0
(35,451)
(23,243)
0
0
62,030 (3,336) (58,694) 0

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The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706

Annual report of the Parochial Church Council for the year ended 31[ST] December 2021

9. Staff Costs

Average number of employees

1 1

No employee received emoluments in excess of £60,000 during the year (2020 £nil)

10. Transactions with Trustees

During 2021 the PCC received £8,550 in donations from trustees (PCC members) and their close relatives. The donors did not attach any conditions to their gifts which required the charity (PCC) to significantly alter the nature of its existing activities.

The PCC has received a loan in 2019 of £5,000 of which £2,500 was repaid in 2021, from a Trustee (PCC member), which is repayable in 2023 or on the death of the lender whichever is the sooner. The loan is interest free.

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