Registered Charity Number 1128971 St. Andrew's Church Hatters Lane, High Wycombe, Bucks, HP13 7NJ Annual Report and Financial Statements of the Parochial Church Council For the year ended 31 December 2021 Incumbent: Rev Simon Dust Bank: Co-operative Bank POBox250 Skelmersdale WN8 6WT Examiner: Stewardship l Lamb's Passage London ECIY 8AB
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HIGH WYCOMBE ST ANDREW CONTENTS OF THE ANNUAL REPORT AND FINANCIAL STATEMENTS for the year ended 31 December 2021 Pages Report of the Trustees Ito6 Independent Examiner's Report statement of Financial Actlvities Balan Sheet Cash Flow Statement io Notes to the Financial Statements iito19
st. Andrew's Church - High Wycombe Report of the Trustees For the Year Ended 31st December 2021 Page I The trustees present their report wlth the financial statements of the charlly for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015). St Andrew's Parochial Church Cou ncil (PCC) has responsibility with the Team Vicar, the Revd Simon Dust for promoting the whole mission of the church within and beyond the parish of St Andrew's, part of the Team Ministry of High Wycombe. The PCC Is also responsible for the church complex and former vicarage, slted at the Junction of Windrush Drive and Hatters Lane. OBJECTIVES AND ACTIVITIES Objectives and aims The PCC is committed to enabling all people to worshlp at the church and to become part of the worshipping communlty at st Andrew's. 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 teaching. st Andrew's aim is to serve and better our local communlty. As can be seen in our Charitable Work description, we are engaging with hundreds of local families on a weekly basis, and supporting large numbers of our elderly population through the lunch club, visiting and holding services at 8 local Shellered Accommodation Residences and Care Homes. Significant plans for the future St And rew'5 is continuing to outwork the vision we have to be God's transforming presence for High Wycombe and beyond. Becoming a Resource Church in 2020 in partnership with the Oxford Dlocese and the Church Commissioners has meant the appointment of new staff to enable this V15ion to become a reality. Ant Dixon has begun his role as Associate Minister in April 202 1 with a focus on building up the St Andrew's church family through disclpleship, pastoral support, training and equipping. Alongside thls role, we appointed Simon Russell as a curate In July 2021 to be a Pioneer Curate in partnership with St Mary and St George, Sands. st Andrew's church's vision of a Resource Chu rch in High Wycombe is to look at planting new churches as well as encourage and equip churches in the wider area to develop new missional opportunities. The Pioneer Curates will work in conjunction with both St Andrew's and St Mary & st George's (SMG) to gather all the learning from SMG'S experience, and train teams for future church plants. The Wycombe Deanery Plan has as one of its prlorities for 2020-25 - 'Resourcing new congregations (wlth a special focus on St Andrew's Hlgh Wycombe as a resource church), This focus is within a wider strategy to promote Missional growth using stronger churches to support weaker ones. Thls has been very well demonstrated by the Diocesan and Deanery support for the SMG Plant, planted in March 2019 with a team of 35 people under the leadershlp of a Pioneer Minister, Jonny Dade, with signiflcant financial resources, SUPPOrt and prayer. Durin9 2021 we reviewed out plans to sign1f6cantly develop the St Andrew's Church buildings in our Nexus Project in light of the new vlslon to be a Resource Church and also following the impact of the Covid pandemic. The new plans we have drawn up allow us to meet most of the orlginal prioritles, whilst significantly reducing costs and the scale of the development. The new plans have been enthusiastically endorsed by both the PCC and a wider church meeting. The aim is to break the Nexus project down into three phases that will enable building work to begin, without the need for the total fundlng for all of the Nexus project to have been secured.
st. Andrew's Church - High Wycombe Report of the Trustees (continued) For the Year Ended 31st December 2021 Page 2 Public benefit When planning activitie5 for the year, the vicar and the PCC consider the Commission's guidance on publlc benefit and, in particular, the specific guidance on charities for the advancement of religion. Emphasis is given to enable ordlnary people to live out their faith as part of the parish community. ACHIEVEMENT AND PERFORMANCE Charitable activities In addition to the strategic activities listed above, we have sought to continue to support many grou ps and i ndivlduals across our community, despite the many lockdowns we have experienced. We have partnered with other community groups to support vulnerable and 1501ated people and provided food. Throughout 2021, the church has been focusing on rebuilding following the effects of the Covid pandemic. This has involved re-connecting with a number of the church who have become disengaged with the church for a number of reasons. We have continued to support struggling families using the generous support from the church family as well as wider grant funding that has been received. It has been encouraging to see many of our community and church ministries start up again in the middle of the year following the extended lockdowns. Some of the pViouS ministries have already returned to previous numbers, whilst others will take more tlme to build. Lunch Club, Starlight and Family Support Group have grown well, with wonderful team5 being rebuilt and now serving our community. With concerns over mental health following the effects of the pandemic, we have been pleased with the growth of Renew space for both adults and young people. This is a place where it is 'ok to not be ok, and is reaching out across our community. Church Electoral Roll / Average Sunday Attendance At the APCM held on 13th June 2021, 176 names appeared on the Electoral Roll (an increase of 7 on 2020). An average of 143 people {114 adults, 29 children / young people) worshipped at St Andrew's on Sundays in October 2021 (a increase of 61 on 2020). This does not include weekday attendances. Volunteers We have a large number of volunteers at St Andrew's who serve at different tlmes throughout the week, In many different ways. The pandemlc has meant our volunteer base has been reduced. Towards the end of 2021 we have raised up new volunteers in a number of areas. At our services on a Sunday morning we have people who help serve coffee, welcome people, assist with groups for kids and young people, play in the worship band, operate the tech equipment, and pray for people. During the week we have several groups that take place at the church including a Family Support Group, a Lunch Club for the elderly, and a toddler and babies group called Starlight. We have people who support these groups with cooking, child care, lifts etc. We also have people who volunteer on an ad-hoc basis as a need arises. People assist with gardeningi decorating, cooking meals, admin and giving lifts to appointments/hospltal etc.
st. Andrew's Church - High Wycombe Report of the Trustees (continued) For the Year Ended 31st December 2021 Page 3 FINANCIAL REVIEW Financial posltion This year total income fell by £36k compared to 2020. The primary reason for thls decrease was £30k lower income on restricted funds, comprising £48k lower giving towards the followlng restricted funds: Community, Pastoral, Mission, Church plant & Nexus building projects, offset by £18k new funding for the Resource Church project. Unrestricted income towards the day to day runni ng of the church fel I by £6k to £302k. Within this we saw the ongoing phased reduction In giving from individuals who moved to the church plant at st Marys and St Georges partially offset by new regular giving from existing and new church members. Additionally one off giving rose by £5k, and income from fees and events rose by £6k as there was a partial rÈturn to more normal church activities in the second half of the year, whilst unrestricted grants fell by £9k. Wlthln expenditure, there was a £26k fall in restricted costs as there was no Gift Day grants in 2021 as there was no Gift Day in 2020, no expenditure on Nexus which was paused due to the pandemic, and lower Church plant payments as the inltial funding ceased. This was partially offset by new expenditure on the Resou rce Church project. Costs associated wlth the day to day running of the church fell by £31k, with the largest fall being in people related costs, where we did not immediately replace our Children & Fam111es Pastor due to pandemic related restirctions on the work permitted. Maintaining unrestricted total income close 2019 levels and reducing unrestricted costs meant that we returned £31k surplus in 2021. This, together with a surplus on the restricted funds of £30k, lead to an overall surplus of £61 k. Principal funding sources Voluntary income from our church members and adherents continue to be our principal source of funding income. addition, we recelved grants and legacies totalling £61k in the year, for the following purposes: Wycombe Deanery for Church Plant Governrnent Furlough scheme To set up Renew Space - A place where it's OK not to be OK Funding for Associate Minister as part of our Resource Church To set up a Youth Renew Space FSG salary for 2022 £10,000 £20,963 £7,500 £16,889 £500 £5,000 Reserves policy As a result or the pandemlc It became clear to the PCC that the previous unrestricted reserves policy was not truly adequate to deal with the sort of uncertainty we have all seen this year. Additionally as a Resource Church, St Andrew's will need to build up addltional reserves to be able to support future church plants in whatever form they take. The PCC has therefore reviewed its policy and concluded that it would be more appropriate to alm to hold in unrestricted income reserves the equivalent of six months running costs to maintain the smooth running of the church and to ensure it 15 able to fully meet its commitments. The appropriate level is currently considered to be £150k. As at 31 December 2021, unrestricted revenue reserves of £131k were held. The PCC will therefore aim to build reserves up over a perlod of tlme where this is possible. The reserves policy is reviewed annually by the PCC.
st. Andrew's Church - High Wycombe Report of the Trustees (continued) For the Year Ended 31st December 2021 Page 4 Going concern St. Andrew's Church has slgnificant development plans for 2021 for which additional funds are being raised. Although the current economic condltbons are particularly difficult for charities there are no indications that st. Andrew's Church will not continLJe in operational existence for at least one year from the date of approval of the accounts. Therefore on the basis of the current financial position and cash flow projections for 12 months frotn the date these accounts are signed, the going concern basis appears to be appropriate. Covid 19 As the pandemic continued into 2021, we continued the temporary suspension of all physical gatherings and we have had to curtail, or change, how we operate. we have been able to contlnue some of our actlvlties using online media, such as a Sunday service, Small groups and coffee meetlngs. Some volunteers have helped with the production of the online services, calling members to make sure they are coping and helping those who are Isolating by doing their shopping. Covid has continued to Impact on the day to day activlties of the Church resulting in subdued 5evels of income from rent, fees for weddings and funerals, and cash offerings. Additionally, we have seen some impact on individual giving as people are impacted by job Insecurity. In mitigation of this, running costs of the church have also been subdued, and a number of church staff remained on furlough for much of the year. The trustees have prepared updated forecasts which are regularly reveiwed and show the charity maintaining a broadly balanced financial position for the coming year. The trustees are regularly monitoring the positlon and will continue to take necessary actions to maintain a sound financial footing. STRUCTURE, GOVERNANCE AND MANAGEMENY Governing document The charity is a registered charity, number 1128971 The PCC is governed under the PCC Powers Measure119561 as amended and the Church Representation Rules. Organisational structure Members of the PCC are either ex-officio or elected at the Annual ParochiaS Church Meeting IAPCM). At the APCM held on 13th June 2021, Rev A Dixon, Mr J Cheffy and Mr N Hart were elected as PCC members . Each new member of the PCC receives a publication 'A Guide to St Andrew's PCC, outlining how the PCC works and their individual role and responsibilities as a trustee. Decision making The PCC met bi-monthly during the year. The church leadershlp structure is overseen by 'domains' (e.g. worshipft pastoral, mbsslon) with each domain leader appointed by the PCC. A finance working groupi bullding working group and Global mission team work to support the work of the PCC. The Strategy group continues to help to outwork the vlsion of the church with the PCC and Leadership Team. We meet annually for a 'Day Away, for long term review and planning together with the Leadership Team and Strategy Group.
st. Andrew's Church - High Wycombe Report of the Trustees (continued) For the Year Ended 31st December 2021 Page 5 Key management remuneration No members of the key management received remuneration of £60,000 or above in the year. The church wardens meet annually to review our staff remuneration. These calculations are based on a number of factors including reference to the National Living Wage and benchmarking for a number of our staff linked to national rates for Youth and Comrnunity workers at point 14 of the National Scale. The Leadership Team salaries total £7,112 per month, E85,348 per year. Statement of Parochial Church Council Responsibilities Under the Charities Act 2011, the PCC is required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of affairs of the church. We are required to.. l. Select suitable accounting pollcies and apply them consistently 2. Make judgements and estimates that are reasonable and prudent 3. State whether the policies adopted are in accordance with the Church Accounting Regulations and with applicable accounting standards. 4. Prepare the financial statements on a going concern basis. We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the church and to ensure that such accounts comply with applicable accounting standards and with the Statements of Recommended Practice and the Regulations made under Section 130 of the Charities Act 2011. We also have a responsibillty to safeguard the assets of the church and to take reasonable steps for the preventlon of fraud and other irreaularities. The PCC has complled with the duty under section 5 of the Safeguarding and Clergy Disclpline Measure 2016 (which sets out the PCC'S obligations to safeguard children and vulnerable adults). The last Quinquennial was done in October 2019 and there were no significant jobs that needed to be done. Connected Charities: St Mar 'sandStG SMG SMG is a separate church, but the Pioneer Minister was employed by St Andrew's Church for a three year period that ended in August 2021. st Andrew's received income from other parties to pay towards the work and ministry of SMG. These are reported in the restricted Church Plant reserve fund. Hillside Re5 Trust Hillside Resourcing is a Charitable Incorporated Organisation (reglstered number 1174676) which is a subsidiary undertaklng of the PCC. Hillside Resourclng Trust is a charity set up to support the work of St. Andrews Church, Hatters Lane, Hlgh Wycombe and the communlty it seeks to serve. Each year St Andrew's gives money to Hillside Resourcing Trust and in return has a long term vision to provide housing for staff at st Andrew'5 Church.
St. Andrew's Church - High Wycombe Report of the Trustees (continued) For the Year Ended 31st December 2021 Page 6 Reference and Administrative Details Registered Charlty number 1128971 Principal address Hatters Lane High Wycombe HP13 7NJ Trustees Rev S Dust Vicar Rev A Dixon Associate Minister Mr S Russell Curate Mrs M da Rocha Warden reappointed Mr D Chapman Warden reappointed Mr R Gravina Deanery Synod member appointed Mr C Vernon Deanery Synod member appointed Mrs M Sykes Elected tnember resigned Miss A Nichols Elected member appointed Mrs D Clark Elected member appointed Mr K Sarsfield Elected member appointed Mr B Gosney Elected member appointed Mr D Holland Elected member appointed Mrs M Lyon Elected member appolnted Mr G Manzin Elected member appointed Mr J Cheffy Elected member appointed MrNHart Elected member appointed Mr S Jones Treasurer appointed Sandra Williams - PCC Secretary -Reappointed April 2018 appointed 1310612021 1310612021 1310612021 1111012020 1111012020 1310612021 1111012020 1111012020 2810412019 2810412019 2810412019 2810412019 28/0412019 1310612021 1310612021 3110312020 Independent examiner Jacob Farley ACA stewardship l Lamb's Passage London ECIY 8AB Approved by order of the board of trustees on 9 May 2022 and signed on Its behalf by: Mr S Jones Treasurer Rev S Dust - Vicar
Independent Examiner's Report to the Parochlal Church Council of The Parish of St Andrew's High Wycombe Page 7 I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 December 2021 on pages 8 to 19 following, which have been prepared on the basis of the accounting policies set out orb pages 11 to 12. Responsibilities and basis of report As the charity's trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. 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 14515llbl of the Act. 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 l am qualified to undertake the examination because l am a member of the Institute of Charlered Accountants in England and Wales, which is one of the listed bodies. Independent examiner's 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.. l. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 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) Regulatlons 2008 other than any requirement that the accounts give a 'true and fair, view whlch is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters In connection wlth the examinatlon to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 12 July 2022 Jacob Farley ACA Institute of Chartered Accountants in England and Wales stewardship l Lamb's Passage LONDON ECIY 8AB
st. Andrew's Church - High Wycombe statement of FÈnancial Activities For the Year Ended 31st December 2021 Page 8 Unrestrlcted Funds 2021 Restricted Total Funds Funds Total Funds Irestatedl 2021 2021 2020 Note.. INCOME AND ENDOWMENTS From Generated Funds.. Voluntary Income Activlties for Generating Funds Inve5ttnent Income 275,608 17,183 21 292,812 79,937 355,545 17,183 21 372,749 398,690 18,162 169 417,021 79,937 From Charitable Actlvltles.. Events Fees Groups 3,772 5,365 2,757 30 6,529 5,395 5,503 1,623 9,137 13,030 22,167 13,447 other Income 900 905 15 Total Income 301.954 395 821 430 483 EXPENDXTURE ON Raising Funds 257 257 104 Charltable Actlvities.. Grants & Donatlons People Premises Servlces & Actlvltles Events Parish Share and Admlni5tration Governance Costs 39,069 113,797 34,851 8,672 4,907 66,337 3,300 23,534 14,357 17,574 615 6,539 62,603 128,154 52,425 9,287 11,446 66,337 3,300 106,507 146,734 44,560 6,158 12,509 69,619 4,276 270,933 62,619 333.552 390,363 Total Ex enditure 271 190 333,809 390 467 NET INCOME/(EXPENDITURE) 30.764 31,248 62,012 40,016 Transfers between funds 348 1348} Fund Balances brought forward at I lanuary 174,814 375,072 549,886 509,870 Fund Balances carrled forward at 31 December 205 926 405 972 611 898 549,886 The note5 on pages 11-19 form an Integral part of these atcounts.
st. Andrew's Church - High Wycombe Balance Sheet For the Year Ended 31st December 2021 Page 9 2021 Total funds 2020 Total funds (restated) Note.. Unrestricted funds Restricted funds Fixed Asset5 Tangible assets 75,075 75,075 76,050 Current Assets Debtors and prepayments Cash at bank and in hand 18,413 122 693 141,106 18,413 528,665 547,078 12,342 469,573 481,915 405,972 405,972 Current Liabilities Liabilities falling due withln one year 10,255 8,079 Net current assets 130,851 405,972 536 823 473 836 NET ASSETS 205,926 405 972 611,898 549 886 The funds of the Charity: Restricted income funds Unrestricted income funds Unrestricted property fund 405,972 130,851 75,075 375,072 98,764 76,050 7, 11 TOTAL CHARXTY FUNDS 611 898 549 886 The accounts were approved by the Parochial Church Council and signed on its behalf on 9 May 2022 by.. Mr S Jones Treasurer Rev S Dust - Vicar The notes on pages 11-19 form an integral part of these accounts.
st Andrew's Church - High Wycombe Cash Flow Statement For the Year Ended 31st December 2021 Page 10 Note 2021 2020 Cash flows from operating activities: Net cash provided by (used in) operating activities Cash flows from investlng activities: Interest Net cash provided by/(used In) investing activities 21 21 169 169 Change in cash and equivalents ITn the reporting period Cash and equivalents at the beginning of the year 59,092 58,745 469,573 410,828 Cash and cash equivalents at the end of the year 528,665 469,573 NOTES TO THE CASH FLOW STATEMENT Note a: Reconciliation of net incomel(expenditure) to net c?$h flow from operating activities 2021 2020 riet income/(expenditure) for the reportlng period (as per the statement of financial activities) 62,D12 40,016 Adjustments for: Depreciation Dividend5, Interest and rents from investments (Increasel/decrease in debtors Increase/ldecrea5el In creditors Net cash proviTded by (used In) operating 8Ctivities 975 (211 16,0711 2,176 975 11691 33,482 115,7281 Note b: Analysls of cash and cash equivalents 2021 2020 Cash at bank wlth immediate access Total cash and cash equSvalents 528 665 528 665 469 573 469 573
St. Andrew's Church - High Wycombe Notes to the Accounts For the Year Ended 31st December 2021 Page 11 I statutory Information The Parochial Church Council of St. Andrew's Church High Wycombe 15 a charlty reglstered with the Charity Commission In England & Wales. The charity's registered number and prlnclpal address can be found on the Charlty Information page. Accounting Policies These flnancial statement5 are prepared on a going concern basis, under the historical cost convention. The flnanclal statements include all actlvltles for which the PCC is legally responsible,. the activities of informal gatherings of church mernbers and groups that owe their main affillatlon to another body and are excluded. These financial statements have been prepared in accordance wlth The Church Accounting Regulations 2006, the 'Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts In accordance with the Flnancial Reporting Standard applicable In the UK and Republic of Ireland {FRS 102), ("the Charities SORP"), wlth the Financial Reporting Standard appllcable in the United Kingdom and Republic of Ireland I'FRS 102") and wlth the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102. The Charitles (Accounts and Reports) Regulations 2008 (the '2008 Regulations,) requires charities to prepare their accounts iri accordance wlth 'Accounting and Reporting by Charities.. Statement of Recommended Practlce effective from l April 2005, but this accounting standard has since been wlthdrawn and has been replaced by the Charlties SORP mentioned In the preceding paragraph. The charlty has prepared these financial statements in accordance wlth the new Charitles SORP; this departure frotn the 2008 Regulations is believed to be necessary for these financial statements to glve a 'true and fair view,. Golng Concern The PCC have assessed whether the use of the going concern basls Is appropriate and have considered possible events or conditions that might cast slgnificant doubt on the ablllty of the charlty 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 flnanclal statements. In partlcular the PCC have considered the charity's forecasts and projections and the posslble implications should projected income andlor expenditure vary unexpectedly. The PCC have concluded that there s a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore contlnues to adopt the going concern basis in preparlng its financial staternents. In making this assessment the trustees have considered the impact of Covld-19 and have concluded that Its Impact on net income wlll not be material. Funds General funds represent the funds of the PCC that are not subject to any restrlctlons regardlng thelr use and are available for application on general purposes of the PCC. Funds designated for a partlcular purpose by the PCC are also unrestricted. Restricted funds are those funds that must be spent on restrirted purposes and detai15 of the funds held are shown in note I l. Income Voluntary income and capital sources Collections are recognised when recelved by or on behalf of the PCC. Planned glvlng is recognised when received.
St. Andrew's Church - Hlgh Wycombe Notes to the Accounts For the Year Ended 31st December 2021 Page 12 Voluntary Income and capital sources cont'd Tax recoverable on Glft Ald donatlons is recognised when the donation is recognised. Grants and legacles to the PCC are accounted for as soon as the PCC is notified of Its legal entitlement, the amount due Is quantlfiable and its ultimate recelpt by the PCC is reasonably certaln. Funds ralsed by fete, garden party and simllar events are accounted for gross. Sales of books and magazines from the church bookstall are accounted for gross. The charlty relles on volunteers to carry out many of its activities. However, In accordance with SORP, the value has not been included in these flnancial statements as they cannot be reliably measured. Investment Income Interest entitlements are accounted for as they accrue. Other Income Rental income from the lettlng of church premises Is recognised when the rental Is due. Expenditure Grants Grants and donations are accounted for when paid over, or when awarded, If that award creates a blndlng obligation on the PCC. Parish Share The diocesan parish share is accounted for when due. Any parlsh share unpaid at 31 December is provbded for In these financial statements as an operational (though not a legall Ilabillty and is shown as a credltor in the balance sheet. Fixed assets Consecrated and beneflced property is not included In the account5 in accordance wlth s.1012) of the Charities Act 2011. All expenditure Incurred in the year on consecrated or beneficed buildings and Indlvldual Items under £3,000 is written off. Items over £3,000 are capitallsed. The freehold buildlng is being depreciated over Its expected useul life of 50 years. Current Assets Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectlble. Pensions costs and other post-retirement benefits The PCC operates a defined contributlon pension scheme for employees. The assets of the scheme are held separately from those of the PCC. The annual contributions payable are charged to the statement of flnancial activities.
St. Andrew's Church - High Wycombe Notes to the Accounts For the Year Ended 31st December 2021 Page 13 Unrestricted Funds 2021 Restricted Funds 2021 Total Funds 2020 Total Funds 2021 INCOME AND ENDOWMENTS FROM Voluntary Income Planned Giving Gift Alded Non Gift Aided Glft Ald Recelved Total . Planned Giving 136,530 67,472 29,235 6,925 165,765 173,099 74,397 95,457 238,846 42,629 281,475 311,701 One Off Donatlons Gift Aided Non Gift ASded Gift Aid Received Total . One Off DonatSons 2,210 12,945 2,210 15,282 4,696 26,961 2,337 15,155 2,337 17,492 34,095 Cash Offerings Cash at Servlces Total . Cash Offerings 644 644 644 644 1,838 Grants recelved Grants received Total . Grants received rotal Voluntary Income 20,963 20,963 275,608 34,971 34,971 79.937 55,934 51,056 55,934 51,056 355.545 398.690 Activitles for Generatlng Funds Office Services Lettings Bookstall Total Activities for Generating Funds 277 16,324 582 17,183 277 16,324 582 17,183 305 17,576 281 18,162 Income from Investment Interest Total Income from Investment 21 21 21 21 169 169 Charltable Activities Events Residential Non Residential Total . Events 301 301 561 3,772 2,757 6,529 5,395 5,503 1,623 Fees 5,365 30 Groups Total From Charitable Activities 10,243 13,030 9,137 22,167 13,447 Other Incoming Resource$ 900 905 15 Total Income 301,954 93,867 395,821 430.483
St. Andrew's Church - High Wycombe Notes to the Accounts For the Year Ended 31st December 2021 Page 14 Unrestricted Restricted Funds Funds Total Funds Total Funds 2021 2021 2021 2020 EXPENDITURE Fundralsing trading costs Bookstall costs of goods sold Total Fundraising trading costs 257 257 257 257 104 104 Grants and donations Mission - Long Term Planned Total Mission - Long Term 25,854 25,854 21,589 21,589 47,443 70,965 Mission Short Term Planned One Off Gift Day Total . Mission - Short Term {435) 350 {435) 480 130 1,624 15,737 17,361 {85) 130 45 Christian Agencies One off Total Christian Agencies 3,714 3,714 3,100 1,530 4,630 Secular One off B2a43 Gift Day Total Secular Parish Church Family One Off Total . Parish 10,200 10,200 285 285 10,485 14,467 Total Grants and donations 39,069 23,534 62,603 106,507 People Salaries Employers Nl Pension Expenses Training Staff Gifts Total . People 101,300 3,585 5,478 2,218 912 304 113,797 9,857 111,157 126,549 3,585 3,703 5,478 6,099 2,219 1,551 5,411 8,525 304 307 128,154 146,734 4,499 14,357 Premises Major Equipment Utilities Insurance Telephone / Internet Maintenance Equipment Rental Property Rental Building Projects Total . Premises 151 8,048 3,096 4,056 4,985 715 13,800 685 45 836 8,093 3,096 4,056 4,985 715 30,644 2,453 6,576 3,249 3,587 1,137 619 13,800 16,844 34,851 17,574 52,425 44,560
st. Andrew's Church - High Wycombe Notes to the Accounts For the Year Ended 31st December 2021 Page 15 Unrestricted Restricted Funds Funds Total Fund5 Total Funds 2021 2021 2021 2020 Services & Actlvities Licences Hospitality Publicity Fees Materials & Requisltes Total Services 1,194 357 803 4,160 2,158 8,672 1,194 357 803 4,160 2,773 9,287 1,197 253 548 2,216 615 615 6,158 Events Residential Non Residential Total . Events 156 156 11,290 11,446 408 6,539 6,539 4,907 12,509 Parish Share & Admin Bank Charges Parish Share Stationery & Postage Depreciation Total Parish Share & Admin 64,893 469 975 66,337 64,893 469 975 66,337 68,274 370 975 69,619 Governance Costs Independent Examiners Fee PCC Costs Legal & Financial Total . Governance Costs 2,500 765 35 3,300 2.500 765 35 3,300 2,980 1,021 275 4,276 Total Expenditure 271,190 62,619 333 809 390 467
St. Andrew's Church - High Wycombe Notes to the Accounts For the Year Ended 31st December 2021 Page 16 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES 2020 2020 Unrestricted Restricted 2020 Total funds funds Funds INCOME AND ENDOWMENTS FROM Voluntary income Activities for Generating Funds Investment Income Events Fees GroLJPS other income Total 286,987 17,876 169 1,336 1,623 111,703 286 398,690 18,162 169 5,503 1,623 6,321 15 430 483 4,167 6,321 io 308 001 122 482 EXPENDITURE ON Raising funds Grants & Donations People Premises Services & Activities Events Parish Share & Administration Governance Costs Total 104 48,033 140,830 31,421 6,008 1,687 69,619 4,276 301,978 104 106,507 146,734 44,560 6,158 12,509 69,619 58,474 5,904 13,139 150 10,822 88,489 390 467 NET INCOME/(EXPENDITURE) Transfers between funds Fund Balances brought forward at l January Fund Balances carried forward at 31 December 6023 ioi 168,690 174,814 33,993 iioi) 341,180 375,072 40,016 509,870 549 886 5 GRANTS & DONATIONS Institutions Individuals 2021 Instit 2020 Indlv 2020 Missionary support Wycliffe CMS Relief of poverty Church Plant Houslng 3,100 20,424 1,530 6,150 9,250 20,424 1,530 765 20,434 10,200 7,700 19,790 9,738 765 609 20434 10,200 55,688 10,200 Institutions receiving greater than £1,000: £3,000 to Lighthouse High Wycombe 2021 not in 2020 £10,200 to Hillside Resourcing Trust in 2020 & 2021 STAFF COSTS 2021 2020 Wages & Salarie5 Employer's Nl Pension Costs 111,157 3,585 126,549 3,703 6,099 136 351 120 220 Admlnistratlve and management staff The charity has 5.0 full time equivalent employed staff. Its activities are generally carried out by volunteers. No staff received salaries at a rate of more than £60,000 per annum. Remuneration and employee benefits payable to key management personnel employed by the PCC amounted to £81,338 in 2021 and £102,787 in 2020
st. Andrew's Church - High Wycombe Notes to the Accounts For the Year Ended 31st December 2021 FIXED ASSETS Freehold Property Cost At 31st December 2020 and 2021 Depreciation At 31st December 2020 Charge in year At 31st December 2021 Net Book Value At 31st December 2021 At 31st December 2020 Page 17 21,450 975 76,050 The property is St Andrew's House (the old vlcarage next door to the church) held under a trust deed with the Diocese. 8 DEBTORS 2021 2020 Prepayments Debtors Gift Aid receivable 4,719 8,022 5,672 1,969 3,575 6,798 LIABILITIES FALLING DUE WITHIN ONE YEAR 2021 2020 Creditors Accruals 4,048 3,306 4,773 Operating Lease Commitments The charity has an operating lease for Its photocopier. The minimum amount payable (until the next break cSaLtse and ignoring the potential effect of future rent reviews) in respect of th5s lease is as follows: 2021 2020 Payments falling due.. Within one year Between one and five years 715 715 2,622 2,563 10 RELATED PARTY DISCLOSURES Included in Wages & Salaries is £15,833 (2020: £15,833) paid to Mrs Debbie Dust, wife of the PCC Chair in her capacity as Community Outreach Worker and £2,070 was paid to Mr David Holland who is on the PCC in his capacity as Children's Pastor as permitted by the governing document. Included in Grants are payments to PCC members In thelr capacity as mission partners as follows: 2021 2020 Mr R Gravina/Wycliffe Deanery Synod Donations from Trustees and family members for 2021 were £63,884 (2020 £48,172) Fees payable to Stewardship amounted to £2,280 for the independent examination fee. Rev Dust, Rev Dixon & our curate S Russell are trustees and had customary clergy accommodatlon provided by the PCC. Hillslde Resourcing (HR) 15 a Charitable Incorporated Organisation (registered number 1174676) which is a subsidiary undertaking of the Church, as the PCC controls the appointment of the trijstees of HR and the Church benefits from the provision of residential accommodation by HR. 2021 2020 Grant paid to Hillside Resourcing Trust Rent paid to Hillside Resourcing Trust 10,200 10,200 13,800 24,000 24,000
st. Andrew's Church- High Wycombe Notes to the Accounts For the Year Ended 31st December 2021 Pa9e 18 li FUNDS Adrnin & Premises Nexus Pro ect Community Gift Da Church Plant Resource Church Disc & Youth & Trainin Children Restricted Funds Nission Pastoral Worshi Total INCOME Voluntary Income Activities for Generating Funds Charitsble Attivities and Other Income Total Income Resources 36,862 30 22 12,973 3,081 15,000 7,500 27 16,889 583 79,937 13,030 900 900 583 EXPENDITURE Gtsnts & Donation5 People Premises and ServIs Events Total Re50urce5 Ex 284 7,774 199 1,300 20,870 1,080 6,583 158 123 23,534 14,357 18,189 16,889 486 457 198 655 ended 20.870 486 62.619 NET INCOMEIEXPENDITURE} 36,892 11,4801 1,781 (5,870) 14171 900 14861 1721 31,248 Gr055 Trènsfe Fund Balances at l January 12081 208 327,993 -140 20,649 13481 2,356 375,072 2,063 5,870 14,025 1.610 298 Fund Balances at 31 December 0 364 885 900 298 2 284 405 972 The assets and l1ablllti represented by the various fijnds are as follows: xed Bank & cash Other net assets balances assets Total Restritted funds 405,972 405,972 Unrestricted funds 75,075 122,693 8,158 205,926 528 665 611 898 Restricted funds are for the following purpose$- Admin & Premises Property related issues Nexu5 Projert Church extension Community Christmas Day Lunch, Family Support Group, strrlight, Local Misslons Fund, Supporbng Families and WÈdnesday Lunch Club Missio Mission trips, the Garci?'s, the Secchia's. Church plant St Mary & St George's church p5ant in S6nds. Finished Au9 2021 Pastoral Care fund linc. money given for Families in need during Covidl, and student aid. Youth & Children Money raised to help young people go on trips e.g. youth weekend away. Wotship For new sound equipment Gift Day Not done 202112022 Dist & Ttsining Training & discipleship Resource Church Associate Minister gftnt
St. Andrew's Church- High Wycornbe Notes to the Accounts For the Year Ended 31st Decernber 2021 Page 19 11 continued FUNDS information for 2020 Admin & Premises Nexus Pro ert C¢mmynity Gift Da Disc & Youth & Trainin Restricted Funds Mission Church Plant Pastoral Worshi Total INCOME Voluntary Incorne Charitsble Actlvrties Gr?nts and Other Incorne Total Income Resources 52,831 13,840 286 738 6,798 21,495 15,901 100 111,703 287 60 227 327 122 483 738 EXPENDITURE Grants & Donations People Premise5 Services Everts Total Resources Ex 715 5,368 L5,737 6,404 33,042 2,577 416 58,475 5,905 13,288 Izi 150 13,138 60 672 943 ended 16 172 15 737 NET INCOME{EXPENDITURE) 39,698 8,155 114,9991 394 111,5471 12,908 16161 33,993 Gross Transfe Fund Balances at l January iioii 12,595 14,999 iioii 2,972 341,180 208 288,295 1,669 17,417 1,117 1,610 298 Fund Balances at 31 December 208 327 993 298 2 356 375 072 The assets and liabilrf(ies prented by the varlous funds a5 at 31 December 2020 We 85 follovts.. Fixed Bank & cash assets bal?nces other net assets Total Re5tritted funds 375,072 375,072 Unrestricted funds 76,050 94,501 4,263 174,814 469 573 549 886 Restricted funds are for the following purposes: Restrtcted funds are for the following purpoxs: Adrnin & Premises Pmperty lated ie5 Nexus Pmjett Church extension Commun Christsnas Day Lunch, Family Support Group, srarlight, Local Ni55ions Fund, Supporting Families and Wednesday Lunch Club M15sion trips, the Gartsa's, the Secchia's, the Santana's 3nd Potter's village. St Mary & St Georye's church plant in Sands. Care fund, legal aid and Student aid. Grant for Clnema proiett FDr new sound equipmeftt Money raised for pmjetts abroad and at horne Training & disciplttEp Church plant Pastoral Youth & Children Worship Gift Dav Disc & Trainino