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2021-12-31-accounts

ST MARY'S CHURCH, FETCHAM

(Registered Charity No. 1128915)

ANNUAL REPORT

and

FINANCIAL STATEMENTS

of the

THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2021

INCUMBENT

THE REV'D POUYA HEIDARI

THE RECTORY

10a THE RIDGEWAY FETCHAM KT22 9AZ

ANNUAL REPORT FOR THE YEAR ENDED 31[st] DECEMBER 2021

Administrative information

St Mary’s is the Church of England’s Parish Church of Fetcham. It is situated in The Ridgeway, Fetcham and is part of the Diocese of Guildford. 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 is a registered Charity. It has no other related trusts or charities.

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

Ex officio members:

Rector The Reverend Pouya Heidari (from 21[st] Jun.2021) Curate Mrs Julie Partridge Licensed Youth Minister Mr Nathan Ghinn Church Wardens Mrs Brigitte Furze (to 25[th] Apr. 2021) Mr Andy Black (to 25[th] Apr. 2021) Mrs Jennifer Coles Miss Janet Clark (from 25[th] Apr. 2021)

Elected members:

Vice Chairman Mr Roger McKinlay (to 25[th] Apr. 2021) Diocesan Synod Representative: Mr William King Deanery Synod Representatives: Mr Andy Black (to 25[th] Apr. 2021) Mr Christopher Rickard (Hon. Treasurer) Mrs Jennifer Coles Mr Nigel Hunt

Elected PCC members: Licensed Lay Minister Mr Roger McKinlay Licensed Lay Minister Mrs Corinne Braid Licensed Lay Minister Mr Iain Whitlam (from 25[th] Apr. 2021) Mr Paul Adair (to 25[th] Apr. 2021) Mrs Hayley Kiely (to 25[th] Apr. 2021) Mr Eric Martin (to 25[th] Apr. 2021) Mr Trevor Paterson (to 25[th] Apr. 2021) Miss Clare Perryman (to 25[th] Apr. 2021) Mr Michael Raworth (to 25[th] Apr. 2021) Mrs Jacky Breadmore Dr Caroline Salmon Mr Martin Roberts Mr Michael Tuddenham Mr Richard Furze Mrs Meg Frost (from 25[th] Apr. 2021) Mr Adam Piggott (from 25[th] Apr. 2021)

1

Structure, governance and management

Members of the PCC are either ex-officio or elected by the Annual Parochial Church Meeting in accordance with the Church Representation Rules.

The PCC meets on a monthly basis.

A standing committee, consisting of the incumbent, churchwardens and treasurer meet if business needs to be transacted between PCC meetings.

The above replaces the recent practice of holding PCC meetings quarterly with a management team meeting on a monthly basis.

A much-expanded Ministry Team has been set up with representatives from all sub teams and ministerial and operational activities. This meets on a monthly basis.

Objectives and activities

The Incumbent and PCC have the responsibility of promoting the pastoral, evangelistic, ecumenical and social mission of the church. St Mary’s aims to be a growing community of Christian people who desire to know Jesus better, to share our faith confidently with those around us and to demonstrate this in giving loving service to all.

Our vision incorporates the following three key activities:

Knowing Jesus - This is about strengthening our relationship with God, empowered by the bible and enabled by individual and communal prayer.

Sharing Faith - This is about communicating our faith with our Church family, and others we meet each day.

Loving Service - This is about taking actions which demonstrate Jesus’ love for us. Through these actions, we aim to make a positive difference to people’s lives in our village community and beyond.

Achievements and performance

Church attendance

There are 242 (2020: 247) parishioners on the Church Electoral Roll, a few of whom are not resident within the parish.

During the first quarter of 2021 normal services were suspended because of the lockdown. A virtual Sunday 10am service on Zoom was run during this period with an average number of connections of 74.

From 28[th] March the church was opened up for the 8am and 9am services with limited numbers and later for a 11.30am informal service. From the 8[th] of August the normal 8am and 9.30am and 11.15am Sunday services were restored and the online virtual service was discontinued. In September the 10am Thursday communion service was restored. Over all these services the average weekly attendance for adults and young persons was 125. The weekly average attendance in 2019, the year before Covid, was 146 adults and 19 children and young persons.

2

Review of the year

Covid-19 continued to have a major impact on church activities with the closure of the church for services and the church hall in the first quarter of 2021. During this period we continued to provide communal worship through a virtual 10am Sunday service using Zoom. This service was accessed by St Mary’s and friends in the wider UK but also in Uganda and Kenya. Saturday morning prayers were also continued virtually via Zoom.

The lockdown was eased at the end of the first quarter and the church was opened daily for private prayer and for limited services at 8am and 9am on Sundays and later a 11.30 informal service. The hall was made available to users from mid-May. We are most thankful for the regular cleaners and the volunteers from the church for cleaning the church and hall to meet Covid-19 cleaning requirements.

We had a very good response to the vacancy for the incumbent and in March selected and interviewed five candidates. All were considered a good fit, but one candidate stood out with an exceptional background and very relevant experience. We were therefore very pleased when the Reverend Pouya Heidari accepted to be our new rector. Pouya has a unique background having come to Christianity in Iran where he endured persecution and being a former international footballer. He comes to us after being a curate in the Diocese of Durham. Pouya and his wife Debbo and their two young boys joined us in May He was installed as rector at a service in St Mary’s on 21[st] June 2021. In October he ran an Ultra Marathon (40 miles) and raised £5,800 for the project to improve the creche and other facilities in the church hall.

From the 8[th ] of August the normal Sunday services of 8am, 9.30am and 11.15am were restored with the latter streamed on You Tube. At this point the 10am zoom service was discontinued. The 10am Thursday service also returned. Most of the hall users from the community which reflect a variety of activities have returned to use the hall.

Messy Church which is a form of church for children and adults involving creativity, celebration and hospitality was reinstated and runs on the 2nd Friday of the month. Alternating with this in term time is The Lighthouse which was launched in September. This is a new after-school drop-in for children in school years 3-6 (ages 7-11).

With the easing of the restrictions, we have opened up other activities such as the bereavement café, Women’s Breakfast and Who let the Dads out where dads and children can escape to play games etc,

Youth drop ins and activities where restarted, and the youth minister has been able to go back into schools.

We continued to be involved in the community with members being actively involved in Love Fetcham. This is an initiative that allows us to work with other Christians in our community (and with those of no faith), for the benefit of the community, several of our members have strong links with local charities supporting the community.

We are delighted that Ian Whitlam completed his training as a Local Lay Minister and was licensed on the 26[th ] of June.

Our pastoral team was also expanded with four people completing the pastoral visitor’s course.

3

With regard to the PCC's obligations to safeguard children and vulnerable adults, the members of the PCC confirm that they have complied with their duties under section 5 of the Safeguarding and Clergy Discipline Measure 2016.

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

The PCC met 11 times during 2021 to oversee these and other matters .

With the appointment of Pouya and his experience of working with youth and communities we are looking forward to engaging more with the local community and supporting it. This is especially for the elderly, young families and the socially isolated. We will also be looking at combining these initiatives with ones to bring in additional income to ensure the long-term financial stability of St Mary’s.

Financial review

Income for the year was £303,300 (£245,300 – 2020). Expenditure was £204,100 (£250,200 – 2020). Overall, there was a surplus for the year of £99,100 (Deficit £4,900 – 2020).

Income

The overall income was up £58,000 on 2020. This was primarily due to receiving a legacy of £81,000 and the release of deferred income of £37,500 following the installation of the new rector. Single donations were received totalling £23,000 (£43,000 2020) including gift aid and including £7,100 from a successful Stewardship Campaign. The latter will also increase regular giving by £9,600 with gift aid. Fetcham Park House no longer require regular parking on the church drive so income from this was £2,600 less. In lieu of the loss of parking income they are willing to provide resources for certain work on the churchyard. In the third quarter they repaired the steps between the house grounds and the church at an estimated cost of £2,200,

Expenditure

The overall expenditure was down £46,000 on 2020 mainly because the 2020 expenditure included £53,900 capital expenditure on the hall. One-time costs relating to the interregnum were incurred as follows. Rectory expenditure included £6,400 for redecoration, repairs and installing a fence and Other Ministry costs included £1,200 for advertising the post.

The PCC made unrestricted donations of £15,200 (£16,900 – 2020)) to home and overseas missions. This was partially offset by the £4,000 refund of the 2020 donation to the Greenhouse Community Centre. Due to insurmountable difficulties, it was decided not to go ahead with the project.

There was an increase of £9,400 in Administration costs with staff costs £3,400 higher and expenditure of £1,600 for a laptop, router and web site set up. This also included a cost of £1,900 for an independent examination required because the income is over £250,000.

Reserves policy

Unrestricted reserves were £191,300 (£100,100 – 2020) at the year end.

The unrestricted reserves have been allocated as follows:

4

The restricted reserves were £11,000 (£3,000 – 2020) at the year end and were as follows:

The ongoing costs of running the church and providing our ministry exceed the regular income. The gap has in the past been covered by single donations.

The 2021 Stewardship Campaign was very successful in increasing regular giving by £9,600 and adding £7,100 to reserves.

Signed: P.Heidari

Reverend Pouya Heidari

Date: 6[th] April 2022

Chairman

5

PAROCHIAL CHURCH COUNCIL OF ST MARY'S FETCHAM BALANCE SHEET 31ST DECEMBER 2021

2021
NOTE
£
CURRENT ASSETS
Debtors
7
32,921
Bank Balances:
Current Account
7,203
C B F deposit
178,729
218,853
CURRENT LIABILITIES
Amounts falling due within one year:
In respect of usual operating expenses
8
15,594
Deferred income
9
1,000
Net Current Assets
202,259
TOTAL NET ASSETS
202,259
FUNDS
10 & 11
Unrestricted general:
109,787
Unrestricted designated:
Major Repairs & Projects
21,358
Church Building Fund
40,000
Future Initiatives Fund
10,000
Mission & Charity Giving
10,120
Churchyard
-
Restricted:
Choir
1,738
Hall Project
8,068
Youth Fund
1,188
Charities
-
202,259
2020
£
43,219
5,259
101,728
150,206
7,574
39,500
103,132
103,132
87,798
11,126
-
-
1,200
-
1,733
1,275
-
-
103,132

Approved by the Parochial Church Council on 6th April 2022 and signed on its behalf by:

P.Heidari

C.C.Rickard

Reverend Pouya Heidari Christopher Rickard Chairman Treasurer

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

6

PAROCHIAL CHURCH COUNCIL OF ST MARY'S FETCHAM STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2021

NOTE
INCOME AND ENDOWMENTS
Donations and legacies
1a
Other trading activities
1b
Charitable activities
1c
Income from investments
1d
EXPENDITURE
Charitable activities
2a
Raising Funds
2b
NET INCOME/EXPENDITURE
TRANSFER BETWEEN FUNDS
NET MOVEMENT IN FUNDS
Total funds brought forward 1.01.2021
Total funds carried forward 31.12.2021
UNRESTRICTED
DESIGNATED
RESTRICTED
TOTAL
FUNDS
FUNDS
FUNDS
FUNDS
271,377
-
19,113
290,490
150
-
623
773
11,599
90
-
11,689
264
30
12
306
2021
UNRESTRICTED
DESIGNATED
RESTRICTED
TOTAL
FUNDS
FUNDS
FUNDS
FUNDS
181,837
-
50,078
231,915
1,431
-
20
1,451
11,449
40
-
11,489
358
45
52
455
2020
283,390
120
19,748
303,258
195,075
85
50,150
245,310
192,461
(112)
11,762
204,111
20
-
-
20
179,771
6,343
63,944
250,058
120
-
-
120
192,481
(112)
11,762
204,131
179,891
6,343
63,944
250,178
90,909
232
7,986
99,127
(68,920)
68,920
-
-
15,184
(6,258)
(13,794)
(4,868)
-
-
-
-
21,989
69,152
7,986
99,127
87,798
12,326
3,008
103,132
15,184
(6,258)
(13,794)
(4,868)
72,614
18,584
16,802
108,000
109,787
81,478
10,994
202,259
87,798
12,326
3,008
103,132

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

7

PAROCHIAL CHURCH COUNCIL OF ST MARY'S FETCHAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021

1. INCOME AND ENDOWMENTS
NOTE
a) Donations and legacies
4
Planned Giving
Open plate collections
Appeals & Specific Donations
Income tax recoverable
Sundry donations
Grants
Legacies
b) Other trading activities
Fund raising events
Charitable appeals
c) Income from charitable activities
Parking - local business
Sale of Assets
Church Hall lettings -local community use
Fees for weddings and funerals
d) Income from investments
Bank interest
TOTAL INCOME
UNRESTRICTED
DESIGNATED
RESTRICTED
TOTAL
FUNDS
FUNDS
FUNDS
FUNDS
£
£
£
£
111,280
-
-
111,280
2,268
-
-
2,268
38,859
-
16,855
55,714
35,651
-
2,258
37,909
2,293
-
-
2,293
-
-
-
-
81,026
-
-
81,026
2021
2020
TOTAL
FUNDS
£
118,893
1,978
52,940
36,551
353
20,200
1,000
271,377
-
19,113
290,490
231,915
150
-
-
150
-
-
623
623
1,431
20
150
-
623
773
1,451
2,600
-
-
2,600
-
50
-
50
4,989
-
-
4,989
4,010
40
-
4,050
5,200
-
2,239
4,050
11,599
90
-
11,689
11,489
264
30
12
306
455
283,390
120
19,748
303,258
245,310

8

PAROCHIAL CHURCH COUNCIL OF ST MARY'S FETCHAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021

2. EXPENDITURE
2020
UNRESTRICTED
DESIGNATED
RESTRICTED
TOTAL
TOTAL
NOTE
FUNDS
FUNDS
FUNDS
FUNDS
FUNDS
£
£
£
£
£
a) Charitable activities
Missionary and charitable giving
5
Overseas
-Missionary societies
6,000
-
62
6,062
10,357
-Relief agencies
1,000
-
114
1,114
1,000
Home
-Church societies
(2,800)
-
-
(2,800)
6,200
-Relief agencies
7,000
-
459
7,459
4,867
11,200
-
635
11,835
22,424
Ministry
-Diocesan parish share
101,135
-
-
101,135
101,135
-Youth ministry costs
19,649
-
8,187
27,836
26,101
-Other ministry costs
4,204
-
-
4,204
2,043
-Rectory expenses
4,130
-
2,940
7,070
986
-Upkeep of services
1,613
-
-
1,613
1,641
-Church Music
3,653
-
-
3,653
3,405
Church
-Running expenses
5,516
-
-
5,516
6,279
-Other maintenance
2,379
(152)
-
2,227
5,950
Hall
-Running expenses
4,531
-
-
4,531
3,620
- New Facilities
-
-
-
-
53,852
Upkeep of churchyard
4,426
40
-
4,466
2,800
Publicity
1,356
-
-
1,356
637
Administration
28,669
-
-
28,669
19,185
192,461
(112)
11,762
204,111
250,058
b) Raising funds
Cost of fundraising activities
20
-
-
20
120
20
0
0
20
120
TOTAL RESOURCES EXPENDED
192,481
(112)
11,762
204,131
250,178
2021
2. EXPENDITURE
2020
UNRESTRICTED
DESIGNATED
RESTRICTED
TOTAL
TOTAL
NOTE
FUNDS
FUNDS
FUNDS
FUNDS
FUNDS
£
£
£
£
£
a) Charitable activities
Missionary and charitable giving
5
Overseas
-Missionary societies
6,000
-
62
6,062
10,357
-Relief agencies
1,000
-
114
1,114
1,000
Home
-Church societies
(2,800)
-
-
(2,800)
6,200
-Relief agencies
7,000
-
459
7,459
4,867
11,200
-
635
11,835
22,424
Ministry
-Diocesan parish share
101,135
-
-
101,135
101,135
-Youth ministry costs
19,649
-
8,187
27,836
26,101
-Other ministry costs
4,204
-
-
4,204
2,043
-Rectory expenses
4,130
-
2,940
7,070
986
-Upkeep of services
1,613
-
-
1,613
1,641
-Church Music
3,653
-
-
3,653
3,405
Church
-Running expenses
5,516
-
-
5,516
6,279
-Other maintenance
2,379
(152)
-
2,227
5,950
Hall
-Running expenses
4,531
-
-
4,531
3,620
- New Facilities
-
-
-
-
53,852
Upkeep of churchyard
4,426
40
-
4,466
2,800
Publicity
1,356
-
-
1,356
637
Administration
28,669
-
-
28,669
19,185
192,461
(112)
11,762
204,111
250,058
b) Raising funds
Cost of fundraising activities
20
-
-
20
120
20
0
0
20
120
TOTAL RESOURCES EXPENDED
192,481
(112)
11,762
204,131
250,178
2021
2020
TOTAL
FUNDS
£
10,357
1,000
6,200
4,867
11,200
-
635
11,835
22,424
101,135
-
-
101,135
101,135
19,649
-
8,187
27,836
26,101
4,204
-
-
4,204
2,043
4,130
-
2,940
7,070
986
1,613
-
-
1,613
1,641
3,653
-
-
3,653
3,405
5,516
-
-
5,516
6,279
2,379
(152)
-
2,227
5,950
4,531
-
-
4,531
3,620
-
-
-
-
53,852
4,426
40
-
4,466
1,356
-
-
1,356
28,669
-
-
28,669
2,800
637
19,185
192,461
(112)
11,762
204,111
250,058
20
-
-
20
120
20
0
0
20
120
192,481
(112)
11,762
204,131
250,178

Administrtion expenses includes £1,860 (2020: £nil) payable for the independent examination of the PCC's financial statements.

9

PAROCHIAL CHURCH COUNCIL OF ST MARY’S FETCHAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021

3 ACCOUNTING POLICIES

These financial statements are prepared on a going concern basis, under the historical cost convention. The financial statements include all activities for which the PCC is legally responsible; the activities of informal gatherings of church members and groups that owe their main affiliation to another body are excluded.

These financial statements have been prepared in accordance with The Church Accounting Regulations 2006, the 'Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)' ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The Charities (Accounts and Reports) Regulations 2008 (the '2008 Regulations') requires charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005' but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed to be necessary for these financial statements to give a 'true and fair view'.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern

The PCC have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The PCC have made this assessment for a period of at least one year from the date of approval of the financial statements and have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

b) Income

Income (which includes planned giving, collections and other donations) is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part income is generally recognised when it is received by, or on behalf of, the PCC. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations and legacies includes: i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.

ii) Legacies. Income from legacies is recognised when a distribution is received from the estate or, if earlier, when the charity has been notified that a distribution will be made and the amount receivable can be measured reliably.

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from frees for weddings and funerals and from letting the facilities to the local community.

The charity has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

10

PAROCHIAL CHURCH COUNCIL OF ST MARY’S FETCHAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021

3 ACCOUNTING POLICIES CONTINUED

c) Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Contributions in respect of the diocesan parish share are included in the Statement of Financial Activities for all amounts agreed to being payable for the financial year. Any contributions that have not been paid over by the year end are included as a creditor.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity. The PCC generally seeks to tithe about 10% of the previous year's unrestricted income to charitable causes outside of the church. When the whole 10% has not been distributed in the year, the left over amount is set aside in a designated fund for distribution in the following year.

d) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the PCC in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the PCC for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

e) Tangible fixed assets

Consecrated and beneficed property is not included in these financial statements by virtue of s.10(2) of the Charities Act 2011. All expenditure on consecrated or beneficed buildings is written off in the year in which it is incurred.

Movable church furnishings held by the incumbent and Churchwardens on special trust for the PCC and which require a faculty for disposal are capitalised in accordance with the policy set out below. These items are regarded as inalienable property and are listed in the church's inventory which can be inspected at any reasonable time. Inalienable property acquired prior to 2000 has not been capitalised as there is insufficient cost information available.

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £1,000 and the item is expected to benefit the charity over more than one accounting period. To date, the PCC has not incurred any expenditure that needs to be capitalised.

f) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

g) Taxation

The charity has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

11

PAROCHIAL CHURCH COUNCIL OF ST MARY’S FETCHAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021

4. INCOME

This year's unrestricted income includes a legacy of £81,000 and the release of deferred income totalling £38,500, which became available for the PCC to use in 2021. Single donations totalling £19,100 (including gift aid) were received to support specific expenditure. This included £5,800 raised by the rector in running an ultra marathon.

A stewardship appeal was made during November and this with other responses during the year raised £10,800 (including gift aid) for general purposes.

5. MISSIONARY & CHARITABLE GIVING

Ov
Ov
Ho
Ho
UNRESTRICTED RESTRICTED
TOTAL
FUNDS
FUNDS
FUNDS
£
£
£
erseas Mission
Church Mission Society
-
-
-
AMADET - Centre for Urban Mission Kibera
6,000
62
6,062
erseas Relief
Shines Children (Uganda) UK Supporters
1,000
-
1,000
Samaras Aid
-
-
-
Tearfund
-
-
-
me Mission
Christians Against Poverty
1200
-
1,200
Greenhouse Community Centre
(4,000)
-
(4,000)
me Relief
B@titude
1,000
-
1,000
The Meeting Room
1000
-
1,000
Transform Housing & Support
1000
-
1,000
Epsom & Ewell Foodbank Refuge
1000
-
1,000
1st Fetcham Scouts.
1000
-
1,000
Leatherhead Community Hub
1000
-
1,000
Besom
500
-
500
TAG Youth Club for Disabled Young People
500
-
500
DEC- Afghanistan Appeal
-
114
114
British Legion - Remembrance Service
-
222
222
Bishop of Guildford's Fund
-
209
209
Children's Society
-
28
28
-
-
-
2021
2020
TOTAL
FUNDS
£
3,000
7,357
-
500
500
2,200
4,000
1,500
1,300
1,000
1,000
-
-
-
-
-
-
-
67
-
TOTAL
11,200
635
11,835
22,424

In addition to the above, a further £8,920 (£1,200 - 2020) was set aside in a designated Mission and Charity Giving reserve fund (as part of the PCC's tithe for 2021). By the year end a total of £10,120 had been set aside in this designated fund for distribution in 2022.

Greenhouse Community Centre

The 2020 donation to this organistion was refunded owing to the project not going ahead due to insurmountable difficulties.

Related Parties

Related Parties Related Parties
Trustees which are also trustess of the receiving charities are:
The Meeting Room Richard Furze and Paul Adair
Leatherhead Community Hub Richard Furze
Shines Children (Uganda) UK Supporters Adam Piggott
Trustees which are employed by the receiving charities are:
Christians Against Poverty Jennifer Coles

During the year the PCC received donations totalling £68,300 (2020: £112,400) from related parties (which includes members of the PCC, any other members of key management and anyone closely connected to them).

Except for the reimbursement of expenses incurred when acting as agent for the charity, or incurred when undertaking clergy duties, no expenses were paid to (or for) the members of the PCC.

12

PAROCHIAL CHURCH COUNCIL OF ST MARY’S FETCHAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021

6. STAFF COSTS

STAFF COSTS
Gross Salaries
Social Security
Pension Costs
2021
2020
£
45,922
41,810
-
76
1,010
881
£46,932
£42,767

The church employs a youth minister and a parish administrator.

The youth minister, Nathan Ghinn, received salary and pension benefits totalling £26,603 (£25,825- 2020) and is an ex officio member of the PCC. These payments are permitted by the PCC's governing document. Reverend Pouya Heidari (who is a clergy member of the PCC) receives a stipend from the Diocese and so he is not an employee; some of the Diocesan parish share is used to help meet the cost of his stipend. Reverend Heidari was provided with accommodation (which is customary for clergy) and the cost of this accommodation to the PCC was £7,070 (£986 - 2020).

Most of the PCC's activities are carried out by volunteers; in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.

Average no. of employees
7.
DEBTORS
Income tax recoverable
Donations due from Virgin Giving
PCC Fees
Car Parking
Sundry
Advance Hall Letting Fees
Advance Event Funding
8.
CREDITORS
Payroll
PAYE
Social Security
Services
Charities
Goods
Other
9.
DEFERRED LIABILTIES
Balance at the beginning of the reporting period
Amount released to income
Amount deferred in year
Balance at the end of the reporting period
2021
2020
2
2
2021
2020
£
£
29,715
43,575
4,065
-
1,029
1,009
-
1,300
272
100
(1,370)
(1,760)
(790)
(1,005)
32,921
43,219
2021
2020
£
£
730
630
822
256
553
204
4,946
6,387
8,000
-
388
-
155
97
15,594
7,574
2021
2020
£
£
39,500
3,000
(38,500)
(1,000)
-
37,500
1,000
39,500

Deferred income comprises donations received to fund general activities in future years once the related conditions have been satisfied. In 2020 the PCC deferred donations totalling £37,500, which were given to help fund the PCC's activities in 2021 once a new rector had been appointed . Reverend Heidari was appointed as rector in 2021 and the income deferred in 2020 was released in 2021.

13

PAROCHIAL CHURCH COUNCIL OF ST MARY’S FETCHAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021

10. UNRESTRICTED, DESIGNATED and RESTRICTED FUNDS

FUNDS
Unrestricted
Designated:
- Major Repairs & Projects
- Church Building Fund
- Future Initiatives Fund
- Mission & Charity Giving
- Churchyard
Restricted:
- Hall Project
- Choir
- Youth Fund
- Charities
- Rectory
Opening
Balance
Income Expenditure
Transfers Closing
Balance
£
£
£
£
£
87,798
283,390
(192,481)
(68,920) 109,787
11,126
80
152
10,000
21,358
-
-
-
40,000
40,000
-
-
-
10,000
10,000
1,200
-
-
8,920
10,120
-
40
(40)
-
-
1,275
6,793
-
-
8,068
1,733
5
-
-
1,738
-
9,375
(8,187)
-
1,188
-
635
(635)
-
-
-
2,940
(2,940)
-
-
103,132
303,258
(204,131)
- 202,259

Analysis of Net Assets by Fund

FUNDS
Unrestricted
Designated:
- Major Repairs & Projects
- Church Building Fund
- Future Initiatives Fund
- Mission & Charity Giving
- Churchyard
Restricted:
- Hall Project
- Choir
- Youth Fund
- Charities
Assets
Liabilities
Fund
Balance
£
£
£
126,381
(16,594)
109,787
21,358
-
21,358
40,000
-
40,000
10,000
-
10,000
10,120
-
10,120
-
-
-
8,068
-
8,068
1,738
-
1,738
1,188
-
1,188
-
-
-
218,853
(16,594)
202,259
In the previous year the moveme
FUNDS
Unrestricted
Designated:
- Major Repairs & Projects
- Mission & Charity Giving
- Churchyard
Restricted:
- Hall Project
- Choir
- Youth Fund
- Charities
nts in the PCC's funds were as follows:
Opening
Balance
Income Expenditure
Transfers Closing
Balance
£
£
£
£
£
72,614
195,075
(179,891)
-
87,798
11,994
45
(913)
-
11,126
6,590
-
(5,390)
-
1,200
-
40
(40)
-
-
15,059
40,067
(53,851)
-
1,275
1,676
57
-
-
1,733
-
10,000
(10,000)
-
-
-
25
(92)
-
-
107,933
245,310
(250,178)
- 103,132

14

PAROCHIAL CHURCH COUNCIL OF ST MARY’S FETCHAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021

10. UNRESTRICTED, DESIGNATED and RESTRICTED FUNDS continued

Analysis of Net Assets by Fund

In the previous year, the assets and liabilities of the various funds were as follows:

FUNDS
Unrestricted
Designated:
- Major Repairs & Projects
- Mission & Charity Giving
- Churchyard
Restricted:
- Hall Project
- Choir
- Youth Fund
- Charities
Assets
Liabilities
Fund
Balance
£
£
£
134,872
(47,074)
87,798
11,126
-
11,126
1,200
-
1,200
-
-
-
1,275
-
1,275
1,733
-
1,733
-
-
-
-
-
-
150,206
(47,074)
103,132

11. FUNDS Unrestricted general funds

It is policy to hold reserves to cover three months expenditure (£48,000). The unrestricted fund (£109,787) provides this cover plus additional cover for any planned shortfall between income and expenditure in future years. Unrestricted designated funds

The Church Building Fund has been set up from the income received from the legacy. The church boilers are near the end of their life and would cost in the order of £25,000 to replace. The church roof will need expensive repairs in the near future. The Major Repairs & Projects Fund (£21,358) covers maintenance and projects to improve facilities.

It is recognised that we wish to do more to support the community and that we also need to set up other sources of income to supplement the current income from giving. The Future Initiatives Fund has been set up from the legacy income to provide seed funding for projects to enable this to happen.

The Mission & Charity Giving Fund (£10,120) represents the balance of funds set aside from a tithing of income that hadn't been distributed by the year end. These funds will be distributed in 2022. Restricted funds

The Hall Project Fund (£8,068) represents donations received for the planned new facilities in the hall.

The Choir fund (£1,738) resulted from specific donations given to help meet choir expenses. The Youth Fund (£1,188) is the balance of funds donated to provide equipment. The Rectory fund was created from donations received to help maintain the Rectory.

12 EVENTS SINCE THE YEAR END

Since the year end the PCC has received a legacy of £40,000, which was given to help repair and maintain church buildings and grounds. The final accounts for the Estate are not available yet and it may be that the PCC will receive a further distribution in due course. The Executors did not agree on the distribution until after the year-end and so the income from this legacy has not been included in the 2021 accounts.

15

INDEPENDENT EXAMINER'S REPORT

TO THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF

PAROCHIAL CHURCH COUNCIL OF ST MARY'S FETCHAM ('the Charity')

I report to the members of the PCC (who are also the charity's trustees) on my examination of the accounts of the Charity for the year ended 31 December 2021 on pages 6 to 15 following, which have been prepared on the basis of the accounting policies set out on pages 10 and 11.

Responsibilities and basis of report

As members of the PCC you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a Fellow of the Association of Charity Independent Examiners, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the Act;

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns 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 be reached.

Ajay Rajani

Date: 10th May 2022

Ajay Rajani Fellow of the Association of Charity Independent Examiners Stewardship 1 Lamb's Passage London EC1Y 8AB

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