2020-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Andrew, Burnham-On-Sea

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PAROCHIAL CHURCH COUNCIL OF ST. ANDREW’S CHURCH, BURNHAM-ON-SEA (Charity No 1128895)

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

PAROCHCIAL CHURCH COUNCIL OF ST. ANDREW’S CHURCH, BURNHAM-ON-SEA ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

PAGE 1

INCUMBENT

Prebendary Graham Witts M.A. B.Ed. The Vicarage 38 Rectory Road BURNHAM-ON-SEA Somerset

BANKERS

Lloyds Bank BURNHAM-ON-SEA Somerset

INDEPENDENT EXAMINERS

Thomas Westcott Chartered Accountant 80 Oxford Street BURNHAM-ON-SEA Somerset TA8 1EF

BACKGROUND

St Andrew’s PCC has the responsibility of co-operating with the incumbent, Prebendary Graham Witts, of promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the Church of St Andrew and the Church Hall, Burnham-on-Sea.

MEMBERSHIP

Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representative Rules 1972.

During the year the following served as members of the PCC:

Incumbent/Chairman Prebendary Graham Witts Associate Vicar Revd Sharon Eldergill Associate Curate Revd Margaret Hayward Wardens Mrs Patricia Comer (Lay chair) Representatives of the Deanery Synod Mr Matthew Scott (until APCM) Mrs Jane Kendall Elected Members Deputy Churchwardens

Mr David Carter Mrs Sonia Scott Mrs Julia Smith Mrs Dee Cornish Mrs Avril Shepherd Mrs Pat Grimes Mrs Julia Arthur Mrs Ann Windram (until APCM) Mr Peter Bight Mrs Jane Kendall (secretary)

PAROCHCIAL CHURCH COUNCIL OF ST. ANDREW’S CHURCH, BURNHAM-ON-SEA PAGE 2 ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

Financial Advisor and Consultant

Mr Nigel Kemp of Kemp Hall Accountants

Readers: Mr J Page Mr A Roost

Reader Emeritus: Mr Arnold Wood (since Easter 2010)

COMMITTEES

Standing Committee

This is the only statutory committee required by law. It has the power to transact business for the PCC between meetings. It has a ceiling of £500 expenditure between meetings without reference to the full PCC. The Standing Committee sets the agenda for the PCC.

Buildings Committee

The PCC acts as a whole for this purpose. it oversees the maintenance of the Church plant and its good order. This includes the Church, the Church Hall and Shed, & 6 Jaycroft Road.

Ministry Committee ; Involves the Clergy, occasionally retired Clergy and Readers as well as the Churchwarden. Oversees the arrangements for the rota’s for ministry. It offers ideas and strategies for mission and ministry within the parish.

Social Committee

Oversees the very successful programme of fundraising and social events throughout the year. Many events occurred in church in line with our philosophy to make the building more usable.

PAROCHCIAL CHURCH COUNCIL OF ST. ANDREW’S CHURCH, BURNHAM-ON-SEA PAGE 3 ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

CHURCH ATTENDANCE

There are 109 names on the Electoraj Roll as presented to the 2020 APCM.

Several members have died or moved since this time.

Annual communicants 2020 — 2,354 (2019 ~ 6,877)

Occasional Offices Baptisms 1 Confirmation 0 Weddings 0

Funerals and Cremations from the Parish (for which an Anglican priest was required) 55

Significant events In the Ilfe of the Church in 2020

During 2020 the Lockdown guidelines were introduced and adhered to. This had a very big impact financially as no fundraising took place and income from halt lettings dropped.

Sunday worship was suspended on 2 occasions in 2020 and weekly online provision of services was made.

Social activities and groups were suspended.

.RESTORATION FUND

This account has been used to fund part of the Restoration work for which it was set up and kept funds separately from the General Account.

RISK MANAGEMENT

The major risks faced by the charity have been addressed. There is an ongoing brief by the PCC to monitor our financial stability.

Finally, our thanks go to Thomas Westcott for overseeing our annual financial examination.

ON BEHALF OF THE PCG

Prebendary Graham Witts CHAIRMAN

DATED:

INDEPENDENT EXAMINER’S REPORT TO THE PAROCHIAL CHURCH COUNCIL OF ST. ANDREW’S CHURCH, BURNHAM-ON-SEA

PAGE 4

|report on the accounts for the year ended 31% December 2020 which are set out on pages 6 to15

Respective responsibllities of the Trustees and independent Examiner

As trustees of the charity, the members of the PCC are responsible for the preparation of the accounts. They 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 needed.

It is my responsibility to:

Examine the accounts under section 145 of the 2011 Act;

Follow the procedures laid down in the General Directions given by the Charity Commissioners section 145(5)(b) of the 2011 Act; and

State whether particular matters have come to my attention.

Basis of Independent Examiner’s Statement

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 of any unusual items or disclosures in the accounts, and seeking explanations from the management committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently | do not express an audit opinion on the accounts.

independent Examiner's Statement

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

(1) which gives me reasonable cause to believe that in any material respect the requirements
e to keep accounting records in accordance with section 130 of the 2011 Act, or
to prepare accounts which accord with these accounting records have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

THOMAS WESTCOTT CHARTERED ACCOUNTANTS 80 OXFORD STREET BURNHAM-ON-SEA SOMERSET TA8 1EF

PAROCHIAL CHURCH COUNCIL OF ST. ANDREW’S CHURCH, BURNHAM-ON-SEA

PAGE 5

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2020

	See	Unrestricted	Designated	Restricted	Total	Funds
	Note	Funds	Funds	Funds	2020	2019
		£	£	£	£	£
Incoming Resources
Voluntaryincome: Incoming resources from donors Other voluntary incoming resources Activities forgenerating funds Charitable activities Income from investments Edithmead Church	2(a) =2(b) 2(c) 2(d) 2(e) 2(f)	61,242 1,887 10,147 12,786 8,073 -	- 199 - - - -	30,000 - - - - -	91,242 2,086 10,147 12,786 8,073 -	64,171 4,906 19,514 14,107 9,117 1,097
Total Incoming Resources		94,135	199	30,000	124,334	412,912
Resources Expended
Fund raising trading: Charitable activities Benefactions Activities directly relating to the work ofthe church Support costs Other resources expended Editnhmead Church	3(a) 3(b) 3(c) 3(d) 3(e) 3(f)	1,039 1,402 83,564 5,702 1,750 174	- - - - - -	- - - - - -	1,039 1.402 83,564 5,702 1,750 174	1,251 603 75,187 3,730 1,304 2,464
Total ResourcesExpended		93,631	-	-	93,631	84,539
Net(Outgoing)/Incoming Resources		504	199	30,000	30,703	28,373
Balances brought forward at 1 January 2020		13,288	992	72,680	86,960	58,587
Balances carried forward at 31December2020		13,792	1,191	102,680	117,663	86,960

PAROCHIAL CHURCH COUNCIL OF ST. ANDREW’S CHURCH, BURNHAM-ON-SEA BALANCE SHEET

PAGE 6

AT 31 DECEMBER 2020

	See
	Note		2020		2019
		£	£	£	£
FIXED ASSETS
Furnishings, fittings and equipment	5	4,739		2,319
Investment asset	5	8,510		8,510
Investment	6	4,000		1,000
			11,249		11,829
CURRENTASSETS
Stock of heating oil		300		300
Debtors	8	2,999		2,918
Cash at bank and in hand		105,075		86,833
		108,374		90,051
LIABILITIES
Amounts falling due within one year	9	1,930		14,890
Hall key deposits		30		30
NETCURRENT ASSETS			106,414		75,131
NETASSETS			117,663		86,960
FUNDS	7
Unrestricted			13,792		13,288
Designated			1,191		992
Restricted			102,680		72,680
			117,663		86,960

Approved by the Parochial Church Council on

and signed on its behalf by:

The notes on pages 8 to 15 form part of these accounts.

PAROCHIAL CHURCH COUNCIL OF ST. ANDREW’S CHURCH, BURNHAM-ON-SEA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

PAGE7

ACCOUNTING POLICIES

(a) Basts of accounting

These financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCS, together with applicable accounting standards and the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP 2005).

(ob) General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.

Restricted funds are those funds that must be spent on restricted purposes and details of the funds held and restrictions are provided in note 7.

The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the financial statements of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.

(c) Incoming Resources

Donations, legacies and simllar Incoming resources

These are included in the Statement of Financial Activities (SOFA) when:

e the charity becomes entitled to the donation, legacy or similar income and any conditions for receipt are met;
e the trustees are reasonably certain they will receive it; and e the trustees are reasonably certain that the value can be reliably measured.

Tax reclaims on donations and gifts

)

Incoming resources from tax claims are included in the SOFA at the same time as the gift to which they relate.

Incoming resources from fund-raising

These are reported gross in the SOFA.

Gifts in kind for sale or distribution

These are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.

Glfts in kind for use by the charity

These are included in the SOFA as incoming resources when receivable.

PAROCHIAL CHURCH COUNCIL OF ST. ANDREW’S CHURCH, BURNHAM-ON-SEA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

PAGE 8

ACCOUNTING POLICIES (CONTINUED)

Intangible Income (for example: donated facilities)

This is only included in incoming resources (with an equivalent amount in resources expended) where another party is bearing the financial cost of the resources supplied and the benefit is quantifiable, receivable and material. Intangible income is valued at the lower of the cost borne by the party bearing the cost and a reasonable estimate of the value of the donation to the charity.

(d) Volunteer help

The value of any voluntary help received is not included in the accounts but is described in the annual report.

(e) Resources Expended

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

(f) Assets

Consecrated property and movable church furnishings

Consecrated and beneficed property of any kind is excluded from the financial statements by §.10(2)(a) 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 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 2004 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Items acquired since 1 January 2004 have been capitalized and depreciated in the financial statements over their current anticipated useful economic life on a reducing balance basis.

All expenditure incurred in the year on consecrated or beneficed buildings, individual items under £250 or on the repairs of movable church furnishings acquired before 1 January 2004 is written off.

Tangible fixed assets for use by the charity

These are capitalised if they can be used for more than one year, and cost at least £250. They are valued at cost or a reasonable value on receipt. The charity does not have a policy of revaluation. Prior to 1 January 2004, the cost was written off to Income and Expenditure account.

Investments

These are shown at original cost of investment

(g) Rental Income

Rental income from the letting of the church hall is recognised when the rental is due.

PAROCHIAL CHURCH COUNCIL OF ST. ANDREW’S CHURCH, BURNHAM-ON-SEA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

PAGE 9

ACCOUNTING POLICIES (CONTINUED)

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:-

Furnishings, fittings and equipment - 25% per annum on a reducing balance basis

Stocks and work in progress

These are valued at the lower of cost or market value.

INCOMING RESOURCES

	Unrestricted	Unrestricted	Designated	Restricted	Total	Funds
		Funds	Funds	Funds	2020	2019
		£	£	£	£	£
(a)	Incoming resources from donors
	Covenanted and gift aided giving	44,961	-	-	44961	43,303
	Income tax recoverable	8,413	-	-	8,413	7,573
	Uncovenanted planned giving	1,887	-	-	1,887	2,399
	Legacy	-	-	30,000	30,000	-
	Collections at services:—
	Cash collections	5,981	-	-	5,981	10,896
		61,242	-	30,000	91,242	64,171
(b)	Othervoluntary incoming resources
	Giftdays andsundry donations:
	Choir fund	-	199	-	199	196
	Donations to Church	1,887	-	-	1,887	4,710
		1,887	199	-	2,086	4,906

PAROCHIAL CHURCH COUNCIL OF ST. ANDREW’S CHURCH, BURNHAM-ON-SEA PAGE 10 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

	Unrestricted	Unrestricted	Designated	Restricted	Total	Funds
		Funds	Funds	Funds	2020	2019
(c)	Activitles for generating funds
	Church hail lettings	7,702	-	~-	7,702	9,375
	Non-charitable trading
	Other	378	-	-	378	793
	Book of Remembrance	92	-	-	92	73
	Repayment of BRF Notes	-	-	-	-	104
	Coffee ladies	144	-	-	144	901
	Fund raising — Wall Safe	706	-	-	706	2,781
	50/50 club	1,125	-	-	1,125	1,263
	Cream Tea Concert	-	-	-	-	1,509
	Christmas Trees	-	-	-	-	2,715
		10,147	-	-	10,147	19,514
(d)	Incoming resources from charitable activities:
	Charitable and ancilliary trading:
	Bookstall Magazine advertisements and sales	- 493	- -	- -	- 493	15 654
	PCC fees	12,293	-	-	12,293	13,438
		42,786	-	-	12,786	14,107
(e)	Income from Investments
	Rent receivable from properties	8,073	-	-	8,073	9,117
		8,073	-	-	8,073	9,117
(f}	Edithmead Church					,
	Income	-	-	-	-	250
	Gift Aid	-	-	-	-	847
		-	-	-	-	1,097
	TotalIncomingResources	94,135	199	30,000	124,334	112,912

PAROCHIAL CHURCH COUNCIL OF ST. ANDREW’S CHURCH, BURNHAM-ON-SEA PAGE 11 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

3. RESOURCES EXPENDED

		Unrestricted	Designated	Restricted	Total	Funds
		Funds	Funds	Funds	2020	2019
		£	£	£	£	£
(a)	Fund raisIng trading
	Fund raising expenses	1,039	-	-	1,039	1,251
(b)	Benefactions
	Coronavirus Appeal	1,035	-	-	1,035	-
	St Margaret’s Hospice	222	-	-	222	-
	Cancer Research	72	-	-	72	-
	British Heart	73	-	~	73	-
	Mission to Seafarers	-	-	-	-	268
	Christingle service	-	-	-	r	50
	Weston Hospicare	-	-	-	-	25
	DisasterAppeals	-	-	-	-	260
		1,402	-	-	1,402	603
(c)	Activities directly relating	to the
	work ofthe Church
	Ministry.
	Diocesan parish share	56,514	-	-	56,516	36,161
	Statutory fees	2,795	-	-	2,795	7,676
	Clergy expenses	1,616	-	-	1,616	2,575
	Church running expenses:-
	Water	76	-	-	76	58
	Insurance	2,556	-	-	2,556	3,240
	Repairs and maintenance	4,605	-	-	4,605	3,417
	Telephone	371	-	-	371	710
	Electricity and gas	1,290	-	-	1,290	1,589
	Oil	2,104	-	-	2,104	4,989
	Upkeep ofservices:-
	Organists and Maintenance	-	-	-	-	156
	Altar requisites	1,249	-	-	1,249	837
	Sundry expenses	1,186	-	-	1,186	1,235
	Depreciation	243	-	-	243	324
		74,605	-	-	74605	62,967

PAROCHIAL CHURCH COUNCIL OF ST. ANDREW’S CHURCH, BURNHAM-ON-SEA PAGE 12 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

RESOURCES EXPENDED (CONTINUED)

Unrestricted	Unrestricted	Designated	Restricted	Total	Funds
	Funds	Funds	Funds	2020	2019
	£	£	£	£	£
Hall running costs:
Insurance	852	-	-	852	1,070
Water	110	-	-	110	165
Repairs and maintenance	1,561	-	-	1,561	2,386
Caretaker & staffcosts	2,681	-	-	2,681	5,714
(Note 4)
Electricity and gas	1,143	-	-	1,143	1,206
Depreciation	337	-	-	337	449
	6,684	-	-	6.684	10,990
Book-keeping fees	2,275	-	-	2,375	1,230
	83,564	-	-	83,564	75,187
(d) Support costs
Photocopierexpenses	2,598	-	-	2,598	2,199
General administration	3,104	-	-	3,104	1,309
Training and Education	-	-	-	-	102
Choristers expenses	-	-	-	-	120
	5,702	-	-	5,702	3,730
(e) Other resources expended
Legal & professional fees	-	-	-	-	-
Rented property costs	1,080	-	-	1,080	520
Bank, charges and interest	670	-	-	670	784
	1,750	-	-	1,750	1,304
{e) Edithmead Church
Church expenses	174	-	-	174	2,464
	174	-	-	174	2,464
TotalResourcesExpended	93,631	-	-	93,631	84,539

PAROCHIAL CHURCH COUNCILOF ST. ANDREW’S CHURCH, BURNHAM-ON-SEA PAGE 13 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

4. STAFF COSTS

Wages and salaries

2020	2019
£	£
2,681	5,714

During the year the PCC employed only part-time employees, none of whom earned £50,000 p.a. or more. No trustees nor any person connected with them have received any remuneration or expenses.

FIXED ASSETS
Furnishings, fittings and equipment	2020	2019
	£	£
Written down value at 1 January 2020	2,319	2,649
Additions	-	443
	2,319	3,092
Depreciation for year	(580)	(773)
Writtendownvalueat31December2020	1,739	2,319

Investment Asset

Freehold land and buildings

			£
Actual	costat	1 January 2020	8,510
Actual	costat31December2020		8,510

The Freehold land and buildings comprises 6 Jaycroft Road, Burnham-on-Sea. The property is valued at £300,000 for insurance purposes.

6. INVESTMENT

		2020	2019
		£	£
Somerset Credit Union
Cost at	1 January2020	1,000	1,000
Repaid	in year	-	-
Costat	31December2020	4,000	1,000

PAROCHIAL CHURCH COUNCIL OF ST. ANDREW’S CHURCH, BURNHAM-ON-SEA PAGE 14 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

7. ANALYSIS OF NET ASSETS BY FUND

	Unrestricted	Designated	Restricted	Restricted
	Funds	Fund	Fund		Total
		Choristers	MajorWork
		Fund	Repair	Fund
	£	£		£	£
Fixed Assets	1,739	-		-	2,319
Investment Fixed Asset	9,510	-		-	9,510
CurrentAssets	4,503	1,191	102,680		108,374
Current Liabilities	(1,960)	-		-	(1,960)
Fund balance	13,792	1,191	102,680		117,663
DEBTORS (Unrestricted	Funds)
			2020		2019
			£		£
Income tax recoverable			1,200		1,200
Prepayments			1,799		1,718
			2,999		2,918

8. DEBTORS (Unrestricted Funds)

9. LIABILITIES:

Amounts falling due within one year (Unrestricted funds)

	2020	2019
	£	£
Sundry creditors	1,930	1,330
Parish Share2019 (paid in 2020)	~	13,560
Hall Key Deposits	30	30
	1,960	14,920

PAROCHIAL CHURCH COUNCIL OF ST. ANDREW’S CHURCH, BURNHAM-ON-SEA PAGE 15 ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2020

EDITHMEAD ACCOUNT (For Information purposes only)

	2020	2019
	£	£
Income
Miscellaneous Gift Aid	- -	250 847
	-	1,097
Expenditure
Expenses	(174)	(2,464)
Netincoming/(outgoing)Resources	(174)	(1,367)

PAROCHIAL CHURCH COUNCIL OF ST. ANDREW’S CHURCH, BURNHAM-ON-SEA ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020

CLIENTS’ CERTIFICATE

We have reviewed the attached income and expenditure account and statement of assets and liabilities and confirm that they properly reflect all the income and expenditure of the Church Council for the year under review and the assets and liabilities at the year end. We therefore approve the accounts.