REGISTERED CHARITY NUMBER: 1128818
Un-auditedReport of the Trustees and Financial Statements for the Year Ended 31st December 2021 for
The Parish of Beccles St. Michael’s and St. Luke’s
Christopher Punt MAAT
Ashcroft, Mill Common Westhall , Suffolk IP19 8RF
The Parish of Beccles St. Michael’s and St. Luke’s
Contents of the Financial Statements For the Year Ended 31° December 2021
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|Page|
|Report of|the Trustees|1|to 6|
|Independent Examiners Report|7|
|Statement of|Financial Activities|8|
|Balance|Sheet|
|9|
|Notes|to the Financial Statements|10 to 16|
|Detailed|Statement of|Financial Activities|17 to 18|
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The Parish of Beccles St. Michael’s and Page 1 St. Luke’s For Report of the Trustees the Year Ended 31“ December 2021
The trustees present their Teport with the financial statements of the charity for the year ended 31" December 2021. The trustees have adopted the provisions ofAccounting and Reporting by Charities: Statement ofRecommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE) (effective 1° January 2015).
OBJECTIVES AND ACTIVITIES
Objectives and aims -
St. Michael’s and St. Luke’s Parochial Church Council (PCC) has the responsibility ofpromoting in the ecclesiastical parish the whole mission ofthe Church, pastoral, evangelistic, social and ecumenical. andIt also the has Church maintenance buildings responsibilitiesof St. Luke’s, for the Church buildings of St. Michael’s and the surrounding churchyard public benefit. In planning the Church’s activities the members of the PCC kept n mind the Charity Commission’s guidance on RECTOR’S REPORT
BarnbyReport from APCM Revd 2021 Canon Rich Henderson Rector of Beccles, Priest in charge of Worlingham, North Cove and
Each year the Annual Parochial Church Meeting gives us the Opportunity to reflect on the previous year, to take stock and look forward. 2021 was a second year in which the pandemic dominated our lives personally and corporately, throughout the year we continued to respond to the different circumstances and restrictions in place and BECCLESas we did, we & VILLAGES. continued to live out our mission statement; BEING GOOD NEWS | LIVING FAITH | SERVING
The past year has been a year of fluidity, change and challenge, one in which through hard work, commitment and focus we have continued to see areas of growth. There has been an increased commitment to prayer and investment in relationships, all this rooted in our faith and worship of Christ. July saw the moment when we legally became the new single parish ofBeccles with Worlingham, North Cove and Barnby, this important change has simplified our structure and governance and shows a commitment to each other. We are very much stronger together and better equipped to serve our community as Anglicans in this place. There have been a number ofways already, through shared worship and mutual support, we have seen our Partnership in the gospel flourish and there is much hope for the future as we live out our shared calling as disciples, as we are one Church family with five church buildings, I would like to offer my thanks to everyone who has contributed to mission and ministry across the whole parish. Our Churchwardens have served with real dedication, and I value their Support and wisdom, thank you to Shirley Newman, Sue Son, Fran Tuck, Roger Bennett, Peter Hobbs, Lynda Knights and Charles Detheridge. Thanks also to those who support the churchwardens in practical ways. I’m incredibly grateful to our PCC members who have shaped and supported the outworking ofour vision and values, we now have a large PCC that tepresents all of the churches and this body will play an even more important role in the future. Thank you to Karen Hall and Doreen Page who have helped with the administration ofthe PCC. Finance has presented ongoing challenges for us across the whole parish, it has been vital to have consistent regular income so, thank you to all who given faithfully and generously. In the later part ofthe year, we saw rental income begin to return and the Opportunity to resume fundraising activities, all this helped us meet our financial demands. Thanks go to our three treasurers: Jayne Hollingsworth, Mark Lowther and Judy Thacker for all their work in managing our day-to-day finances. [ would also like to thank those who carryout regular banking and financial support, Doreen Page, Margaret Page, Terri Parker and Roger Bennett.
Page 2
Report of the Trustees
The Parish of Beccles St. Michael’s and St. Luke’s
The Parish Office has continued to be the hub ofour activities and now resources the wider parish, thanks to Doreen Page, Fran Tuck, Margaret Spratt and Gill Ley for all they do to keep on top ofthings. We have seen a huge variety ofworship and services this year, we began online and then returned to services in church buildings, we have had to adapt on several occasions. I am grateful to all our ministry team who, have contributed to our worship through leading and preaching. Thank you to all who have welcomed others, prepared for services, served refreshments, led Prayers or read from scripture. There is also space for more people to be involved so do say if there is something you would like to do. Our music is key to our corporate worship, thank you to Ian Hollingsworth, Pippa Bridges, Peter Hobbs, Judy Thacker for ensuring there is music on Sundays, Thanks also 80 to the choir at St Michael’s and singers at St differentLuke’s. Inchurches the autumn around we the began parish. our ‘roving’ Choral Evensong as the clergy at choir began to lead worship in the I shared towards the end ofthe year the blessing we have been given in memory ofAustin Bates to provide a trust fund for developing music in our churches. I hope in 2022, we begin to see this bearing fruit in our community. We have across all congregations been hit by the loss ofchurch members who have all taken a full and active part in church life, it remained difficult to hold large memorial services but we did take the Opportunity at our December memorial service to name and remember each individual. Our buildings continue to be a resource for us, 2021 saw the final stage of our internal development completed at St Michael’s with the levelling of the floor at the front of the nave and new café furniture in place. We have seen throughout the year these spaces being used in creative ways. St Luke’s ended the year with the much-needed resurfacing of the car park. I want to thank all who clean and maintain our buildings; our churchwardens, Phil Filer, John and Sue Bailey, Ron Tuck have all carried out work that has helped keep costs down. Thanks also go to those who maintain and care for our churchyards. In June Revd Claire Kiddy’s curacy came to an end after three very fruitful years. Claire made huge contribution to So many areas ofparish life and on behalfof all of us, I thank Claire for her real dedication to the parish and we continue to pray for her and her ministry. The past year also saw Revd Phil Cudmore licensed as Associate Priest, Revd Mark Bee ordained Priest, Faith Darch and Doreen Page have also continued to serve the parish well as Lay Ministers. It is ajoy for me to serve with each and I offer my personal thanks for their commitment and service.
At the start of the year Ellie Skerratt began in our new post ofYouth and Young Adults Pastor and soon made an impact in different areas of church life; designing our website, Sunday worship, co-leading Alpha, one to one mentoring and developing Youth Hub, which began in September at St Michael’s, Ellie made the difficult decision in December to step back, and we honour that decision and thank Ellie for all she has giving in a short time. We continue to be blessed with a team of volunteers who are committed in SO many ways to serve all ages in this weplace.seek Theto Growingdo. in God themes ofGrowing in Number, Depth, Younger and influence remain the core ofwhat
The Parish of Beccles St. Michael’s and Page 3 St. Luke’s Report of the Trustees For the Year Ended 31° December 2021
Thank you to all the team, who help us in Growing Younger through the work with children and young people across all our groups and activities, in church and schools, through Junior Church, Messy Mornings, Picnic children.Lunches, Messy Church, Open the Book and Assemblies. We have sown seeds into the lives ofhundreds of Small Group Leaders and hosts, worship leaders and preachers have encouraged our discipleship and Growing in Depth. I hope in the year ahead we will realise the vision for more Small Groups, so that each of us has the Opportunity to grow more in our faith. I also pray for more Opportunities in how we respond and care for each other. We are increasing the number of Lay Elders in the year ahead, they will join our existing Elders and ministers in help. offering pastoral care and support, but each ofus can play our part in caring for other through prayer and practical I began mentioning the increased commitment to prayer, one of the ways in which this has been evident is through the regular morning prayer three days a week at 8.30am, people joining in person and via zoom have faithful prayed for the world, the church and those in need. We have also seen real dedication through Mission Focus for all our peoplemission and partners, projects th a nksround to Keiththe world. Wragg and the Mission Focus team for encouraging our prayer and support of
2021 saw our Growing in influence expand with the increased needs of individuals and families, our response has been the Parish Pantry, Foodbank, Uniform Bank and lots of support for individuals one to one. This has been a team effort, but I do want to thank Fran Tuck, Sue Son and Pam Bayliss for leading and encouraging our work in this area. Thanks also g0 to individuals, charities and businesses that support all that we do. The focus across all areas ofparish life this year has seen us meeting people where they are, we are Growing in Number but this might not be visible on a Sunday morning. We are church seven days a week and offer a wide range of opportunities for all ages to explore faith and spirituality, to be loved and cared for, to be blessed. I am fortunate to have the space to begin 2022 on Sabbatical and I can only do this with the confidence in the people of this parish in notjust keeping things going, but ensuring that ministry continues to flourish. Thank you for all you do to support and encourage me in ministry as Rector, it continues to be a joy and blessing to lead in this place. I believe we are at a pivotal moment in the life ofour parish, at the APCM and congregational meetings that will following in the spring. I will share more of the direction I want us to go and how we together face the challenges oftoday and the future, so that “In Him and through faith in Him we may enter God's presence with boldness and confidence” (Ephesians 3:12, NIV).
With blessings Rich Canon Rich Henderson Rector Priest in charge ofWorlingham, North Cove & Barnby
Thé Parish ofSt.BecclesLuke’sSt. Michael’s and
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For Report of the Trustees the Year Ended 31% December 2021
FINANCIAL REVIEW
The charity achieved a Surplus for the year of £13,065 (2020: Deficit £28,031). This was after taking into account a realised loss of£537 on fixed asset investments, which results in a Surplus of £13,602 on church operations. The charity’s fund balances at 31° December 2021 were £95,547 (2020: £82,481) and comprised unrestricted funds of £13,531 (2020: £23,649) and restricted funds of £82,017 (2020: £58,833).
Reserves Policy
Currently there is no reserve’s policy, the majority of the unrestricted fund is taken up by the Parish Share. A Teserve policy would be made if the PCC became aware ofany future specific liability requiring one.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Parochial Church Council Powers measure (1956) as amended and church representation rules.
Recruitment and appointment of new trustees
Trustees are appointed annually at the Annual General Meeting. Retiring trustees are eligible for re-election. Any theyvacancies will be arising, eligible between to stand thefor AGM’s electionmayas a be truste fill e d. by the committee. At the AGM following their appointment
Induction and training of new trustees
TrainingUpon appointment for trustees an is informal arranged meeting as and when with the required. new trustee is held to discuss the charity’s history and procedures.
REFERENCE AND ADMINISTRATION DETAILS
Registered Charity Number 1128818
Principal address The Parish Office St. Luke’s Centre, 61 Rigbourne Hill, Beccles Suffolk NR34 9JQ
The Parish of Beccles St. Michael’s and St. Luke’s
Page 5
Report of the Trustees For the Year Ended 31° December 2021
REFERENCE AND ADMINISTRATION DETAILS
Trustees
The Parish of Beccles Parochial Church Council consists of four Church Wardens, ten Elected Members, plus four Deanery Representatives and the Ex Officio Members.
During the year the following served as members of the PCC:
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|---|---|---|
|Chair|Rev.|Richard Henderson|
|Church Wardens|Shirley Newman|
|Susan|Son|
|Fran|Tuck|
|Roger|Bennett|
|Elected Members|Mark Bee|
|David|Elliott|
|Graham|Smith|
|Doreen Page|
|Phil|Filer|
|Stephanie Harvey|
|Michelle|Prior|
|Becky Woods|
|Brenda Beaumont|
|Alf Beaumont|
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|||
|---|---|
|Deanery Synod Representatives|Barry Darch|
|Terri|Gotts|
|Molly Martin|
|Caroline|Smith|
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Ex-officio Faith Darch (Reader) Phil Cudmore (Ordinand) Jayne Hollingsworth (Treasurer) Kate Cracknell (Secretary)
Independent examiner
Christopher Punt MAAT Ashcroft Mill Common Westhall IP19 8RF
Page 6
The Parish of Beccles St. Michael’s and St. Luke’s
For Report of the Trustees the Year Ended 31° December 2021
REFERENCE AND ADMINISTRATION DETAILS Charitable Status
A parish within the Church of England and the Diocese of St. Edmundsbury and Ipswich.
Bankers
Lloyds Bank plc CCLA Fund Managers Ltd 47 London Road North Senator House Lowestoft 85 Queen Victoria Street Suffolk London NR32 1BL EC4V 4ET
Approved by order of the board oftrustees on
and signed on its behalf by:
Churchwardens
Independent Examiner’s Report to the Trustees of The Parish of Beccles St. Michael’s and St. Luke’s
Page 7
I report on the accounts for the year ended 31“ December 2021 set out on pages eight to eighteen.
Respective responsibilities of trustees and examiner The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is required.
It is my responsibility to:
- examine the accounts under Section 145 of the 2011 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act) and - to state whether particular matters have come to my attention.
Basis of the independent examiner’s report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration ofany unusual items or disclosures in the accounts and seeking explanations from you as trustees 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 statements below.
Independent examiner’s statement In connection with my examination, the following has come to my attention
The accounting statements prepared on pages 8 to 18 tepresent the accounting affairs of the Parish of Beccles St. Luke’s and St. Michael’s Parochial Church Council for the year ending 31" December 2021. The accounting PCC’srecords work were compiled and accounting using astatements transactionalfor 2021. Microsoft Excel spreadsheet to trial balance level and underpin the
Christopher Punt MAAT Ashcroft Mill Common Westhall Suffolk IP19 8RF
The Parish of Beccles St Michael's & St Luke's
Page 8
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||||||||
|---|---|---|---|---|---|---|
|Statement|of|Financial|Activities|
|for the Year Ended|31|December 2021|
|Unrestricted|31.12.21|31.12.20|
|funds|Restricted|Total|Total|
|Notes|funds|funds|funds|
|INCOME|£|£|£|£|
|AND|ENDOWMENTS|FROM|
|CharitableDonations andactivitieslegacies|92,520|93,567|186,087|201,975|
|Church|activities|12,604|-|12,604|12,143|
|Other trading activities|2|3,582|-|3,582|2,919|
|Investment|income|3|81|-|81|145|
|Total|108,787|93,567|202,355|217,182|
|EXPENDITURE|ON|
|Raising funds|2,357|-|2,357|859|
|Charitable|activities|
|Church activities|116,549|69,847|186,396|241,518|
|Total|118,906|69,847|188,753|242,377|
|NET INCOME/(EXPDENDITURE)|-10,118|23,720|13,602|(25,195)|
|Other recognised|gains(losses)|
|Gains/(losses) on investments/ assets|-|(537)|(537)|(2,837)|
|Net movement|in funds|-10,118|23,184|13,065|(28,032)|
|RECONCILICATION|OF|FUNDS|
|Total funds brought forward|23,649|58,833|82,481|110,513|
|TOTAL FUNDS CARRIED FORWARD|13,531|82,017|95,547|82,481|
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The notes form part of these financial statements
The Parish of Beccles St Michael's & St
Page 9
Luke's
Balance Sheet
for the Year Ended 31 December 2021
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|31.12.21|31.12.20|
|Unrestricted|Restricted|Total|Total|
|funds|funds|funds|funds|
|Notes|£|£|£|£|
|FIXED ASSETS|
|Tangible|Assets|8|-|3,363|3,363|5,045|
|Investments|9|-|10,398|10,398|9,253|
|¢)|13,762|13,762|14,298|
|CURRENT ASSETS|
|Debtors|10|11,500|-|11,500|12,250|
|Cash|at bank and|in|hand|12|2,031|68,255|70,286|55'932|
|CREDITORS|13,531|68,255|81,786|68,182|
|Amounts|falling|due within|one|year|11|-|-|6)|0|
|NET CURRENT ASSETS|13,531|68,255|81,786|68,182|
|TOTAL ASSETS|LESS|CURRENT|
|LIABILITIES|13,531|82,016|95,547|82,481|
|NET ASSETS|13,531|82,016|95,547|82,481|
|FUNDS|12|
|Unrestricted|funds|13,531|23,648|
|Restricted|funds|82,016|58,833|
|TOTAL FUNDS|95,547|82,481|
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The finanacial statements were approved by the Board of Trustees on --/--/2021 and were signed on its behalf by:
Roger Bennett - Trustee
Mrs. J Hollingsworth - Trustee
The notes form part of these financial statements
The Parish of Beccles St Michael's & St Luke's
Page 10
Notes to the Financial Statements
for the Year Ended 31 December 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity have been prepared in accordance with the charities SORP (FRSSE) Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE) effective January 2015), the Charities Act 2011 and the Church Accounting Regulations 2006. The financial statements have been prepared under the historical cost convention with the exception of investements which are included at market value, as modified by the revaluation of certain assets. The financial statements include all transactions, assets and liabilities for which the PCC is responsible by law. They do not include the accounts of Church groups that own their main affilication to another body, nor those that are informal gatherings of the Church members.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlements to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible Fixed Assets
Depreciaton is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings and equipment
- Straight line over 4 years.
Taxation
The charity is exempt from tax on its charitable activities
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanantion of the nature and purpose of each fund is included in the notes to the financial statements.
| 2. | OTHER | TRADING ACTIVITIES | 31.12.21 | 31.12.20 |
|---|---|---|---|---|
| £ | £ | |||
| Miscellaneous | - | 0 | ||
| Bookstall | - | - | ||
| Events | 3,582 | 2,919 | ||
| Catering | - | - | ||
| 3,582 | 2,919 |
The Parish of Beccles St Michael's & St
Page 11
Luke's
3 7
Notes to the Financial Statements for the Year Ended 31 December 2021
3. INVESTMENT INCOME
Interest and dividends
31.12.21 31.12.20 £ £ 81 145
4. TRUSTEE'S REMUNERATION AND BENEFITS
No Trustees received remuneration or benefits.
5. STAFF COSTS
The average monthly number of employees during the year was as follows: 31.12.21 31.12.20
Staff
No employees received emoluments in excess of £60,000
Included in wages and salaries is the PCC contribution to the Diocese towards the Parish Administration salary.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
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||||||||
|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Total|
|funds|funds|funds|
|£|£|£|
|INCOME AND|ENDOWMENTS|FROM|
|Donations|and|legacies|90,492|72,918|163,410|
|Charitable|activities|
|Church|activities|24,260|0|24,260|
|Other trading|activities|5,771|fe)|5,771|
|Investment|income|276|6)|276|
|Total|120,800|72,918|193,718|
|EXPENDITURE|ON|
|Raising|funds|1,449|e)|1,449|
|Charitable|activities|
|Church|activities|140,210|28,235|168,445|
|Total|141,659|28,235|169,894|
|NET|INCOME/(EXPENDITURE)|
|Transfers|between|funds|-20,859|44,683|23,824|
|Other recognised|gains/(losses)|
|Gains/(losses)|on|investment|assets|0|762|762|
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The Parish of Beccles St Michael's & St
Page 12
Luke's
Notes to the Financial Statements for the Year Ended 31 December 2021
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| £ | £ | £ | |
| Net movement in funds | -20,859 | 45,445 | 24,586 |
| RECONCILIATION OF FUNDS | |||
| Total funds broughtforward | 21,233 | 64,694 | 85,927 |
| TOTALFUNDSCARRIEDFORWARD | 374 | 110,139 | 110,513 |
7. INDEPENDENT EXAMINERS REMUNERATION
During the year the charity was charged £500 for the annual independent examination.
8. TANGIBLE FIXED ASSETS
| TANGIBLE FIXED ASSETS | |
|---|---|
| Fixtures | |
| fittings and | |
| equipment | |
| COST | £ |
| At 1 January 2021 and 31 December 2021 | 41,634 |
| DEPRECIATION | |
| At 1 January 2021 | (36,589) |
| Charge for year | (1,682) |
| At 31 December2020 | (38,271) |
| NET BOOKVALUE | |
| At 31 December 2021 | 3,363 |
| At31December2020 | 5,045 |
Consecrated property and movable church furnishings
Consecrated and beneficial property of any kind is not included in the accounts in accordance with s10(2)c of the Charities Act 2011.
Movable church furnishings held by the vicar and churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed on the church's inventory which can be inspected (at any reasonable time). For inalienable property acquired prior to 2001 there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1 January 2001 will be capitalised and depreciated in the accounts over their anticipated useful economic life.
All expenditure incurred in the year on consecrated or beneficial buildings, individual items under £1,000 or on the repair of movable church furnishings acquired before 1 January 2000 are written off.
The Parish of Beccles St Michael's & St
Page 13
Luke's
Notes to the Financial Statements for the Year Ended 31 December 2021
9. FIXED ASSET INVESTMENTS
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|||||
|---|---|---|---|
|MARKET VALUE|
|As|1|January|2021|
|Disposals|
|Revaluations|
|At|31|December|2021|
|NET|BOOK VALUE|
|At|31|December|2020|
|At|31|December|2021|
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Listed
Investments
£
9,253
-
1,145
10,398
9,253
10,398
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There were no investment assets outside the UK.
Investment holdings
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|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|31.12.21|31.12.20|
|Central|Board|of|Finance|of the|Church|of|England|Investment|Fund|0|shares|0|0|
|COIF|Charity|Funds|(Beccles|Clerk's|Piece|Charity)|-|53.22|shares|1,024|959|
|St.|Edmundsbury &|Ipswich|Diocesan|Board|of|Financ|(Banham|Fabric|Fund|
|Trust|)|-|388|shares|614|657|
|St.|Edmundsbury &|Ipswich|Diocesan|Board|of|Finance|(Rideal|Fabric|Fund|
|Trust|)|-|3,000|shares|3,000|3,000|
|2.5%|Consol|for|the|Rector|-|-|
|3-1/2%|War|Stock|for|the|Fabric|Fund|-|-|
|2.5%|Consol|for|the|Choir|-|-|
|Poors|Pightle,|Hermitage|and|Bridge|Street|723|723|
|Lloyds|Banking|Group|plc|-|8|shares|4|3|
|BP|plc|- 204|shares|679|519|
|Barclays|plc|-|2,316|shares|4,354|3,392|
|10,398|9,253|
|10.|DEBTORS:|AMOUNTS|FALLING|DUE WITHIN|ONE YEAR|
|31.12.21|31.12.20|
|£|£|
|Other|debtors|(Gift|Aid|Rebate|2021)|11,500|12,250|
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The Parish of Beccles St Michael's & St
Page 14
Luke's
Notes to the Financial Statements for the Year Ended 31 December 2021
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| CREDITORS: AMOUNTS FALLING DUE WITHIN | ONE YEARYEAR | |||
|---|---|---|---|---|
| 31.12.21 | 31.12.20 | |||
| £ | £ | |||
| Bank loans and overdrafts | - | 2 | ||
| Trade creditors | - | - | ||
| Other creditors | Ct | |||
| i) | i) | |||
| MOVEMENT IN FUNDS | ||||
| Net | Transfers | |||
| movement | between | |||
| At 1.1.21 | in funds | funds | At 31.12.21 | |
| Unrestricted funds | ||||
| General fund | 22,090 | (10,118) | 1,559 | 13,531 |
| Restricted funds | ||||
| Cremation plot | - | - | - | - |
| Undercroft reorder | - | - | - | - |
| Offertory bags | - | - | ~ | - |
| St Michaels Restoration appeal | 1,405 | - | - | 1,405 |
| St Lukes Fabric Fund and Development | 7,558 | - | - | 1,558 |
| Charity fund | - | - | - | - |
| Legacies | - | - | - | - |
| Legacy investment fund/Depreciation | 7,571 | (537) | 6,727 | 13,761 |
| Organ Fees Music Keyboard | 4,001 | - | (4,001) | - |
| St Lukes Building and Development | 2,470 | (596) | 3,063 | 4,936 |
| St Michaels Building and Development | 13,108 | 4,732 | (7,349) | 10,491 |
| Community Fund | - | 10,952 | 2 | 10,954 |
| Thirstyouth group | 5,558 | (2,830) | - | 2,729 |
| Austin Bates Music Fund | - | 12,500 | - | 12,500 |
| Parish Pantry | - | 1,541 | ~ | 1,541 |
| Refurbishment fund | - | - | - | - |
| Womans Fellowship | - | - | - | - |
| Get a Life Gang | - | ~ | - | - |
| Youth Pastor | 18,721 | (2,579) | - | 16,141 |
| 60,391 | 23,183 | (1,559) | 82,016 | |
| TOTALFUNDS | 82,481 | 13,065 | - | 95,546 |
12. MOVEMENT IN FUNDS
The Parish of Beccles St Michael's & St Luke's
Page 15
Notes to the Financial Statements for the Year Ended 31 December 2021
12. MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Gains | and | Movement | |
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | 108,787 | (118,906) | - | (10,118) | |
| Restricted funds | |||||
| Restoration appeal | - | - | - | - | |
| Fabric fund | - | . | - | - | |
| St Lukes Development | 22,357 | (22,953) | - | (596) | |
| St Michaels Development | 36,601 | (31,868) | ~ | 4,732 | |
| Organ Fees Music/Keyboard | - | - | - | - | |
| Community Fund | 14,499 | (3,546) | - | 10,953 | |
| Youth Pastor | 6,070 | (8,649) | - | (2,579) | |
| Thirst youth group | - | (2,830) | - | (2,830) | |
| Childrens Youth Worker | - | - | - | - | |
| Austin Bates Music Fund | 12,500 | - | - | 12,500 | |
| Parish Pantry | 1,541 | - | - | 1,541 | |
| Get a Life Gang | - | - | - | - | |
| Legacy investment fund/Depreciation | - | - | (537) | (537) | |
| 93,567 | (69,847) | (537) | 23,184 | ||
| TOTALFUNDS | 202,355 | (188,753) | (537) | 13,065 |
The fabric funds are for the repair and maintenance of the fabric, fixtures and fittings of the church buildings
The St.Michael's development fund is for the development of the facilities at St. Michael's church, including specifically the church and undercroft fixtures and fittings.
The St. Luke's development fund is for the development of the fixtures and fittngs at St. Luke's church and hall complex.
The holdings funds are for either i) funds which await final classification or ii) funds which have been received but which do not belong to the PCC and which are held pending payment to their rightful beneficiary.
The legacy investment fund was created upon receiving shares as part of a bequest and is to be used for St. Michael's Church, Beccles absolutely.
The Thirst Youth Club fund was created upon Suffolk County Council withdrawing from running youth clubs in the county. The fund was financed by donation and grants form various funders.
Other restricted funds are for the purpose described above.
The Parish of Beccles St Michael's & St Luke's
Page 16
Notes to the Financial Statements for the Year Ended 31 December 2021
13. RELATED PARTY DISCLOSURES
There were no related party transactions, with the exception of those noted in salaries and expenses, for the year ended 31st December, 2021 nor the year ended 31st December 2020.
The Parish of Beccles St Michael's & St
Page 17
Luke's
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|---|---|---|---|---|---|---|---|---|---|
|Detailed|Statement|of|Financial|Activities|
|for|the|Year|Ended|31|December|2021|
|31.12.21|31.12.20|
|INCOME AND|ENDOWMENTS|£|£|
|Donations|and|legacies|
|Gift|Day(s)|3,739|12,039|
|Donations|-|General,|Starkness|of the|cross|18,134|12,232|
|Gift Aid|Reclaimed|(HMRC)|17,907|29,247|
|Grants|including|FOSM|Donations|and|Legacies|57,086|57,447|
|Gift Aid|-|Planned|Giving|60,417|62,449|
|Collections|including|open|plate,|wall|box|13,949|8,387|
|Other|income|inc.|Missionary|Giving,|DCMS|Scheme,|Furlough|14,856|14,307|
|VAT|Claim|0|5,865|
|186,087|201,975|
|Other|trading|activities|
|Miscellaneous|O|0|
|Bookstall|0|0|
|Fund|Raising|Activities|3,582|2,919|
|Catering|fe)|0|
|3,582|2,919|
|Investment|income|
|Interest|and|dividends|81|276|
|Charitable|activities|
|Church|fees|(weddings,|memorial|and|funeral)|7,414|5,594|
|Rent|from|lettings|5,190|6,549|
|12,604|12,143|
|Total|Incoming|Resources|202,355|217,182|
|EXPENDITURE|
|Raising|donations|and|legacies|
|Catering|0|0|
|Fund|Raising|Activities|2,357|859|
|Miscellaneous|)|0|
|2,357|859|
|Charitable|activities|
|Saff|Salaries|and|Parish|Administrator|14,344|8,867|
|Insurance|6,372|5,989|
|Telephone|and|Internet|1,778|1,481|
|Office|Costs,|postage|and|stationery|1,910|3,271|
|Rent|6)|0|
|Missionary|and|charitable|giving|/|donations|6,816|3,857|
|Parish|Share|58,186|69,652|
|Carried|forward|89,406|93,117|
|This|page|does|not|form|part|of the|statutory|financial|statements|
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The Parish of Beccles St Michael's & St
Page 18
Luke's
Detailed Statement of Financial Activities for the Year Ended 31 December 2021
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|---|---|---|---|---|---|---|---|---|---|---|
|31.12.21|31.12.20|
|Charitable|activities|£|£|
|Brought|forward|89,406|93,117|
|Clergy|expenses|and|fees|including|Parochial|fees|to|DBF|5,929|5,977|
|Service|costs|900|4,011|
|Church|Running,|Utilities,|Fabric|maintenance|and|Restoration|64,444|113,049|
|Equipment,|Furniture,|Plant and|Machinery|;|6)|6,919|
|Sundry|Expenses|and|Fees|sf|15,013|4,168|
|Organ|Maintenance|235|176|
|Lease|of|Photocopier|6,733|5,118|
|Architect|Fees|Restoration|of|St.|Michaels|656|5,206|
|Youth|Club|2,830|3,277|
|186,146|241,018|
|Support|costs|
|Governance|costs|
|Accountancy|and|legal|fees|250|500|
|Bank|Transfer|0|0|
|Total|resources|expended|188,753|242,377|
|Net (expenditure)/income|before|gains and|losses|13,602|(25,194)|
|Realised|recognised|gains|and|losses|
|Realised|gains/(losses)|on|fixed|asset|investments|(537)|(2,837)|
|Net (expenditure)/income|13,065|(28,031)|
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This page does not form part of the statutory financial statements
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