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2020-12-31-accounts

GROVE PAROCHIAL CHURCH COUNCIL

Registered Charity No. 1129066

Annual Report and Financial Statements Year ended 31st December 2020

Contents

Annual Report of the Parochial Church 1–4
Independent Examiner's Report 5
Statement of Financial Activities 6
Statement of Cash Flows 7
Balance Sheet 8
Notes to the Financial Statements 9–16

Abbreviations:

PCC Parochial Church Council SOFA Statement of financial activities

Year ended 31st December 2020

Trustees' Annual Report

Grove Parochial Church Council

Trustees’ Annual Report for the year ended 31st December 2020

Administrative Information

The parish of St John the Baptist, Grove is part of the Vale Benefice, consisting of the parishes of Grove, Hanney, Denchworth and East Challow, in the Wantage Deanery of the Diocese of Oxford.

The Parochial Church Council of the Ecclesiastical Parish of St John the Baptist, Grove (Grove PCC) is registered with the Charity Commissioners, Registered Charity Number 1129066.

The contact address for Grove PCC is Vale Benefice Office, Main Street, Grove, Wantage, Oxon, OX12 7LQ.

The trustees, members of Grove PCC (abbreviated to PCC), were as follows:

Clergy:

Vicar: Revd W John N Durant Associate Vicar: Revd A Gill Curate: Revd Chris Ashton

Licensed Lay Minister: Sue Powditch

PCC Secretary: Anna Mabbett Churchwardens: Anne Cheesman (to November 2020) Nick Terrill (from November 2020) Terry Mawdesley Treasurer: Frank Parnell

Co-opted members: Child protection representative: Anne Cheeseman

Elected Deanery Synod representatives: Sarah Shackleton Helen Harwood

Elected PCC members: Robert Bulpitt James Mabbett John Hudson Bev Rolls (to November 2020) Brian Hipwell Celia Terrill (to November 2020)

Principal Advisors

Banker:

The Co-operative Bank, PO Box 250, Delf House, Southway, Skelmersdale, WN8 6WT

Independent Examiner:

David Cooke & Co., 5 Briar Close, Banbury, OX16 9DS

1

Year ended 31st December 2020

Trustees' Annual Report

Management

The PCC has been formed under the Parochial Church Council (Powers) Measure 1956.

PCC members are recruited in a number of ways. The clergy, churchwardens and treasurer are members by virtue of their office. Deanery Synod representatives are elected by the annual parochial church meeting (APCM) and hold office for three years. Other members of the PCC are elected on a three year rolling basis at the APCM, except for times when there are gaps to be filled.

The PCC makes all decisions corporately except that the Standing Committee has delegated powers to make decisions between PCC meetings subject to keeping the PCC informed as fully as necessary. The full council meets bi-monthly with sub-committees as detailed below. These sub-committees report and recommend to the full council.

The PCC is responsible for all parish finances, its management and control, including the appointment of a treasurer. Members of the PCC are responsible for keeping accounting records, which disclose with reasonable accuracy the financial position of the PCC to enable them to ascertain the financial position of the PCC and so ensure that the financial statements comply with the Church Accounting Regulations 1997 as amended by the Church Accounting (Amendment) Regulations 2001, the Charities Act 2011 and the Charities Statement of Recommended Practice (FRS 102). The PCC is responsible for safeguarding any assets and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The PCC is also required to ensure that the financial statements are examined by an independent examiner or auditor prior to presentation to the APCM.

In preparing the financial statements, the PCC is required to:

The PCC meets every other month on Monday nights and is served by a Standing Committee and various sub-committees as detailed below. There is an Annual Parochial Church Meeting meeting held in March or April, however due to the Covid-19 restrictions at that time, this was held in November and on Zoom.

There are the following sub-committees which all contain at least one PCC member and all regularly report back to the PCC:

Standing Committee:

Consists of the Vicar, Associate Minister, Churchwardens, Treasurer, Secretary and Youth Representative. Responsibilities as stated above.

Finance Committee:

Supports the treasurer. Monitors church finances and makes recommendations to the PCC on budget setting and management of church funds.

Pastoral Committee:

Monitors and supports pastoral work within the church.

Facilities Management Group:

Manages the day to day issues with church fabric and the churchyard. Also supports and advises on any new fabric projects.

Social Committee:

Encourages, plans and organises social and fund-raising events for the church.

GroW:

Its Management Committee is a sub-committee of the PCC and include at least two members of the PCC.

Mission:

A member of the PCC monitors our interaction with the Mission organisations we support.

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Year ended 31st December 2020

Trustees' Annual Report

Objectives and Activities

The aim of the PCC is to cooperate with the ordained clergy in providing and promoting the whole Christian mission of the church, through worship, pastoral, evangelistic and social activities, and to support and draw others to the love of God.

The full PCC met seven times (some of which were on Zoom) during the year. In addition, a lot of the preparatory work was delegated to the sub-committees.

The main issues discussed at official meetings were: finance; worship; outreach; child protection; youth work; fabric improvements; health and safety; all of which were in the framework of our Vision to be a Christcentred Church and grow in numbers, faith, fellowship and mature godliness, as well as dealing with the effect of the pandemic.

In carrying out the activities of the PCC in the year under review, the trustees have had regard to the public benefit guidance issued by the Charity Commission, and are satisfied that the activities mentioned above have all been for the public benefit.

Achievements and Performance

2020 has been a year of loss but also creativity. The Lockdowns seeking to control the spread of the COVID Virus have curtailed and affected a lot of our ministry.

In response to the order to close our churches we are grateful for the pioneering vision of a few of our members who set up Zoom services which have been extremely popular, as well as online mid-week Evening Prayer and Study Courses.

The positive benefit was to unite members from the Benefice and deepen that support and fellowship. It has also managed to attract people from further afield to join with us. The Bishop of Oxford led our online Patronal Festival and we said farewell to Bishop Colin. The negative effect was that some people were unable or unwilling to join this facility and it did not hold the interest of our young people and families.

It was encouraging that new people have joined us via the Zoom services but sadly a lot of our members have died or moved away during the year. We praise God for all their faithful service and witness.

Other areas of our church life that have been affected are the work among the youth – the Sunday club met intermittently, and the Youth Group continued online; – Open the Book, Friends on Friday and Welcome visiting. The organisations that use our excellent premises have also been prevented from meeting, so our income is down and our mission to them has been restricted. GroW did continue online and, when allowed to, met physically.

When Lockdown was lifted, we did tentatively reopen the churches for worship but had to limit numbers, though again we are grateful for our gifted technical team who enabled the hall to be used as an extension and to film the services to be Zoomed to those still at home.

The highest number of attending devices was 99 on Easter Day the lowest on a Sunday when lockdown was in progress was 66 - the average 81. Between 1/3 and 1/2 of that number had 2 or more people participating. Wednesday Evening Prayer average attendance was 27. When Lockdown was lifted Zoom services continued with the average number 45 devices.

It was gratifying that a small group went Carol singing at Christmas advertising our Christmas Trail which was fully booked up a fortnight before Christmas Eve and proved to be a genuinely exciting opportunity to share God’s love.

The number of people on the Electoral Roll for 2020 was 125 of whom 88 are resident in the Parish and 37 from outside the Parish.

It is obvious from the numbers that Lockdown affected our statistics this year There were 4 blessings of children, but no baptisms and 1 Confirmation. The clergy conducted 17 funerals 5 in church followed by a cremation (2) and burial (3) as well as 8 at the Crematorium only and 4 graveside only; 1 interment of ashes but no weddings in 2020.

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Year ended 31st December 2020

Trustees' Annual Report

Teamwork is an essential as the body of Christ serving the Lord and I am grateful to everyone for their various ministries. The Ministry Team which includes an Associate Vicar, a Licensed Lay Minister and a training Curate seeks to model this. We praise God for the several clergy with Permission to Officiate, some of whom are retired. We also give thanks for Sue Powditch for all she has done as LLM this year. Sue will be stepping down from this role, but we are encouraged because Sarah Shackleton has begun her LLM training.

One of our retired clergy supplies the introductory thought to the Benefice News Sheet and contributed a 'Thought slot' in Grove news each month although the NEWS has also stopped publication due to the pandemic. A weekly letter was also sent out from the clergy during lockdown.

Reserves Policy

Grove PCC aims to hold in reserve sufficient to cover the equivalent of 25% of annual general running costs. The current general funds are enough for this policy. The children’s work (GroW) has approximately nine months’ worth of normal expenditure in hand and is currently looking at obtaining additional grants. Depending on how Covid-19 restrictions affect them, these reserves could enable this work to continue for the whole of 2021.

We are grateful to God for all his blessings and the faithful service of our church members.

Financial Review

This year has been an exceptional one with the Covid-19 pandemic lockdowns causing a reduction in income from lettings and church services. The expenditure was reduced to some extent with heating, lighting, and cleaning costs all reduced, along with salaries. We took advantage of the Government’s furlough scheme for GroW staff and our cleaner, which we topped up to their normal salaries.

The accounts show an excess of expenditure over income of just over £6.5k in unrestricted funds, whilst not ideal we do have enough to cover it this year. However, we do need to ensure that our income at least matches our expenditure over the next year.

During the year our income from lettings reduced from 2019 by £6,577 (£1,755 from commercial lettings, and £4,822 relating to church and local groups). This was from having to close the hall and rooms to hirers, and the curate's house income ceasing in June as Chris Ashton and family moved in.

With the hall completion we revised the letting rates. These were due to come into effect for new users from April and existing users from July. Unfortunately, due to the Covid-19 restrictions these did not come into effect until October for the existing users and we did not have any new users. However, they are now in effect and once things return to normality should help with our income.

The next year will also be difficult due to the ongoing pandemic and it is unlikely that we shall see any return to our normal levels of income from services and lettings until at least the summer. We are however extremely grateful to those of the congregation who continued their planned giving as normal and continue to

In terms of general funds, the financial position is healthy, with an unrestricted cash balance of just under £40,000. Most of this is held as reserves in line with the policy above.

Finally, thanks, are also due to Sue Parnell who acted as bookkeeper during the year, along with John Wilson as Gift Aid secretary.

The report was compiled by Revd W John N Durant and Frank Parnell.

Approved by the PCC and signed on its behalf:

Signed: Date:

Mr Terry Mawdesley Church Warden grovecw@valebenefice.org.uk 01235 767153

4

Year ended 31st December 2020

Independent Examiner's Report

Independent Examiner's Report to Grove PCC

I report on the accounts of Grove Parochial Church Council for the year ended 31st December 2020, which are set out on pages 6–16.

Respective responsibilities of the PCC and the examiner

The PCC is responsible for the preparation of the accounts. The PCC considers 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. The PCC is preparing accrued accounts and I am qualified to undertake the examination by being a Fellow of the Institute of Chartered Accountants in England & Wales.

It is my responsibility to

Basis of this report

My examination was carried out in accordance with the general Directions given by the Charity Commission, and to be found in the Church guidance, 2006 edition. An examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent Examiner's statement

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

Signed:

Date:

D C S Cooke MA (Oxon) FCA FCIE

David Cooke & Co. 5 Briar Close Banbury Oxfordshire OX16 9DS

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Year ended 31st December 2020

Grove Parochial Church Council Financial Statements

Statement of financial activities

----- Start of picture text -----
Unrestricted Restricted
Notes funds funds Total funds 2019
£ £ £ £
Income and endowments from:
Donations and legacies 3(a) 120,161 36,831 156,992 276,878
Charitable activities 3(b) 5,096 1,034 6,130 13,690
Other trading activities 3(c) 5,807 - 5,807 8,689
Investments 3(d) 43 - 43 133
Other 3(e) 497 137 634 508
Total income 131,604 38,002 169,606 299,898
Expenditure on:
Raising funds 4(a) - - - -
Charitable activies 4(b) 127,998 32,727 160,725 374,103
Other 4(c) 1,455 185 1,640 2,042
Total expenditure 129,453 32,912 162,365 376,145
Net income/(expenditure) 2,151 5,090 7,241 (76,247)
Transfers between funds 9 (8,780) 8,780 - -
Net movement in funds (6,629) 13,870 7,241 (76,247)
Total funds brought forward 80,738 35,924 116,662 192,909
Total funds carried forward 74,109 49,794 123,903 116,662
----- End of picture text -----

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Year ended 31st December 2020

Grove Parochial Church Council Financial Statements

Statement of cash flows

----- Start of picture text -----
Unrestricted Restricted Total
funds funds funds 2019
Notes £ £ £ £
Cash flows from operating activities:
Net movement in funds (as per SOFA) (6,629) 13,870 7,241 (76,247)
Adjustments for:
Depreciation charges 5 1,585 192 1,777 1,585
Purchase of assets 5 - (770) (770) -
Dividends, interest and rents from investments 3(d) (43) - (43) (133)
(Increase)/decrease in debtors 6 230 62 292 447
Increase/(decrease) in creditors 8 (397) 1,548 1,151 1,124
Net cash provided (used) (5,254) 14,902 9,648 (73,224)
Cash flows from investing activities:
Dividends, interest and rents from investments 3(d) 43 - 43 133
Net cash provided (used) 43 - 43 133
Cash flows from financing activities:
Net cash provided (used) - - - -
Change in cash and cash equivalents (5,211) 14,902 9,691 (73,091)
Cash and cash equivalents at start of year 44,792 36,999 81,791 154,882
Cash and cash equivalents at end of year 7 39,581 51,901 91,482 81,791
----- End of picture text -----

7

Year ended 31st December 2020

Grove Parochial Church Council Financial Statements

Balance sheet as at 31st December 2020

----- Start of picture text -----
Unrestricted Restricted
Notes funds funds Total 2019
£ £ £ £
Fixed assets:
Tangible assets 5 35,879 578 36,457 37,464
Total fixed assets 35,879 578 36,457 37,464
Current assets:
Debtors 6 327 362 689 981
Cash at bank and in hand 7 39,581 51,901 91,482 81,791
Total current assets 39,908 52,263 92,171 82,772
Liabilities:
Creditors: Amounts falling due within one year 8 1,678 3,047 4,725 3,574
Net current assets 38,230 49,216 87,446 79,198
Total net assets 74,109 49,794 123,903 116,662
The funds of the church
Unrestricted funds
General fund 9 64,109 - 64,109 70,738
Designated funds 9 10,000 - 10,000 10,000
74,109 - 74,109 80,738
Restricted funds 9 - 49,794 49,794 35,924
Total funds of the church 74,109 49,794 123,903 116,662
----- End of picture text -----

Signed:

Frank Parnell Treasurer

Terry Mawdesley Churchwarden

8

Year ended 31st December 2020

Grove Parochial Church Council Financial Statements

Notes to the financial statements

1 Basis of preparation

The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value.

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.

2 Accounting policies

Funds

The financial statements are prepared under the current Church Accounting Regulations and in accordance with the 2015 Charities SORP and applicable accounting standards

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 9.

Incoming resources

Voluntary income and capital sources

Collections are recognized when received by or on behalf of the PCC.

Planned giving is recognized only when received.

Tax recoverable on Gift Aid donations is recognized when the donation is recognized.

Grants and legacies are accounted for as soon as the PCC is notified of its legal entitlement, the amount due can be measured reliably and its ultimate receipt by the PCC is probable.

When incoming resources have related expenditure (as with fundraising income) the incoming resources and the related resources expended are accounted for gross.

Other income

Rental income from letting the Church Hall, St John's Rooms and the curate's house is accounted for when it falls due.

Income from investments

Dividends are accounted for when due and payable, and interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognized in the same accounting year.

Gains and losses on investments

Realized gains or losses are recognized when investments are sold.

9

Year ended 31st December 2020

Grove Parochial Church Council Financial Statements

Notes to the financial statements

Resources used

Grants

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.

Activities directly relating to the work of the Church

The diocesan parish share is accounted for when due. If the PCC has not paid the parish share in full by 31[st] December but intends to do so in the future, then outstanding payments are provided for in these financial statements as an operational (though not a legal) liability. Such a liability is shown as a creditor on the balance sheet. If the PCC does not intend to pay any outstanding parish share, then no liability is shown.

Fixed assets

Consecrated property and movable church furnishings

The church building is an historic asset and no valuation has been included in the accounts because of the significant costs involved in such a valuation compared with the additional benefit derived by the users of the accounts in assessing the trustees' stewardship of assets.

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 on request. For inalienable property acquired prior to 2000, there is insufficient cost information available and therefore such assets are not valued in the financial statements. Items acquired since 1st January 2000 have been capitalized and depreciated in the financial statements over their currently anticipated useful economic life.

All expenditure incurred in the year on consecrated or beneficed buildings or on the repair of movable church furnishings acquired before 1[st] January 2000 is written off.

Other fixed assets

The curate's house is valued at cost less 2% straight-line depreciation per annum.

All equipment is valued at cost less 25% depreciation per annum, from the initial purchase price.

Individual items of equipment with a purchase price of £500 or less are written off when the asset is acquired.

Investments

Investments are valued at market value on 31[st] December.

Current assets

Amounts owing to the PCC at 31[st] December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable.

Short-term deposits include cash held on deposit at the bank.

10

Year ended 31st December 2020

Grove Parochial Church Council Financial Statements

Notes to the financial statements

----- Start of picture text -----
3 Analysis of incoming resources Unrestricted Restricted
funds funds Total funds 2019
£ £ £ £
3(a) Donations and legacies
Planned giving 93,035 3,144 96,179 91,123
Collections at services 1,093 - 1,093 5,706
Other giving including appeals 3,674 13,641 17,315 41,973
Gift Aid recovered 21,545 3,324 24,869 25,563
Legacies received - - - -
Grants received 814 16,722 17,536 112,513
120,161 36,831 156,992 276,878
3(b) Charitable activities
Statutory fees 1,391 - 1,391 3,872
Church groups and activities 3,705 1,034 4,739 9,818
5,096 1,034 6,130 13,690
3(c) Other trading activities
Fundraising activities 165 - 165 1,292
Lettings and rental income 5,642 - 5,642 7,397
5,807 - 5,807 8,689
3(d) Investments
Interest received 43 - 43 133
43 - 43 133
3(e) Other
Other income 497 137 634 508
497 137 634 508
4 Analysis of resources expended Unrestricted Restricted
Notes funds funds Total funds 2019
£ £ £ £
4(a) Raising funds
Raising funds - - - -
- - - -
4(b) Charitable activities
Grants to partner organisations 12 3,625 - 3,625 4,740
Parish share 90,397 - 90,397 87,110
Running costs 27,510 25,321 52,831 65,190
Repairs, maintenance and building work 6,466 1,473 7,939 197,947
GroW - Children's work - 5,933 5,933 19,117
127,998 32,727 160,725 374,104
4(c) Other
Governance costs 585 - 585 585
Other expenditure 870 185 1,055 1,457
1,455 185 1,640 2,042
----- End of picture text -----

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Year ended 31st December 2020

Grove Parochial Church Council Financial Statements

Notes to the financial statements

----- Start of picture text -----
5 Tangible assets Freehold land Church Church
& buildings equipment equipment
(unrestricted) (unrestricted) (restricted) Total
£ £ £ £
Cost or valuation
At beginning of the year 65,950 1,064 - 67,014
Additions - - 770 770
At end of the year 65,950 1,064 770 67,784
Depreciation and impairments
At beginning of the year 29,018 532 - 29,550
Depreciation 1,319 266 192 1,777
At end of the year 30,337 798 192 31,327
Net book value
At beginning of the year 36,932 532 - 37,464
At end of the year 35,613 266 578 36,457
6 Debtors and prepayments Amounts falling due within one year
Unrestricted Restricted
funds funds Total funds 2019
£ £ £ £
Prepayments and accrued interest - - - 925
Other debtors 327 362 689 56
327 362 689 981
----- End of picture text -----

The sum shown under Other debtors represents amounts due for room hire.

No amounts were due in more than one year.

12

Year ended 31st December 2020

Grove Parochial Church Council Financial Statements

Notes to the financial statements

7 Cash and cash equivalents

Cash in hand Unrestricted
funds
£
39,581
39,581		 Restricted
funds
£
51,901
51,901		 Total funds
£
91,482
91,482		 2019
£
81,791
81,791

Cash in hand includes cash in current and immediate access bank accounts.

8 Creditors and accruals

Creditors and accruals
Diocesan fees
Other creditors		 Unrestricted
funds
Restricted
funds
Total funds
£
£
£
-
831
831
1,678
2,216
3,894
1,678
3,047
4,725
Amounts falling due within one year		 2019
£
815
2,759
3,574

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Year ended 31st December 2020

Grove Parochial Church Council Financial Statements

Notes to the financial statements

9 The funds of the church

Unrestricted funds
General
Contingency		 Fund
balances
brought
forward
£
70,738
10,000
80,738		 Incoming
resources
£
131,604
-
131,604		 Outgoing
resources
£
(129,453)
-
(129,453)		 Transfers
£
(8,780)
-
(8,780)		 Fund
balances
carried
forward
£
64,109
10,000
74,109

The Contingency fund is held as part of the PCC's reserves policy stated in the annual report.

Restricted funds
GroW - Children's work
Special Collections
Toddlers
Fabric
Benefice
Local Mission
Flowers		 Fund
balances
brought
forward
£
30,789
235
-
(2,635)
(432)
7,967
-
35,924		 Incoming
resources
£
17,493
147
-
17,052
3,222
-
88
38,002		 Outgoing
resources
£
(21,821)
(185)
-
(193)
(10,713)
-
-
(32,912)		 Transfers
£
-
-
-
-
8,780
-
8,780		 Fund
balances
carried
forward
£
26,461
197
-
14,224
857
7,967
88
49,794

The Fabric fund includes money collected for the Church Hall refurbishment and extension.

The Local Mission fund holds money for use in local mission and outreach.

The Benefice fund contains money from all four churches in the Benefice to be used for payment of shared Benefice expenses. All shared Benefice expenses are recorded as expenditure from the Benefice fund. The contribution to those expenses from Grove PCC is made as a transfer from the General fund to the Benefice fund, and the contributions from the other three PCCs are made as grant income to the Benefice fund.

The Special Collections fund holds money collected for third parties as part of normal church activities. In 2020 this included money given for leaving gifts and specific purposes. The outstanding balance at the year end is due to be passed on during 2021.

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Year ended 31st December 2020

Grove Parochial Church Council Financial Statements

Notes to the financial statements

10 Staff costs

During the year, the PCC employed a part-time cleaner, a part-time communications officer(until May), a part-time co-ordinator for GroW childrens work, two part-time children workers for GroW and two church office administrators (working as a job share). The total costs incurred were: £39,654 in gross wages and £1,036 in Employers Pension Costs, of which £10,217 was contributed by the government furlough scheme. £4,557 of the office administrators costs were contributed by the other churches in the benefice for benefice office work.

11 Trustee remuneration, expenses, and related party transactions

No lay members of the PCC received any remuneration for their work on the PCC. The clergy, who are ex officio members, do receive a stipend but are not remunerated for their service on the PCC.

The following PCC members received reimbursement from PCC funds for out-of-pocket expenses: Sarah Shackleton (£171) and Helen Harwood (£22)

The clergy received directly paid expenses in their role as parish priests: John Durant (£1,650), Alec Gill (£742) and Chris Ashton(£1,463). These costs are shared with the other parishes in the Benefice, who between them contributed £1,079 (28%).

The total value of all donations received by the PCC from PCC members or their close family members during 2020 was £47,353, this total includes restricted donations of £12,500 for the Fabric fund, and a total of £8,817 of recovered Gift Aid. None of these donations had attached conditions which either did or might require the PCC to significantly alter the nature of its existing activities.

15

Year ended 31st December 2020

Grove Parochial Church Council Financial Statements

Notes to the financial statements

12 Grants made

Grants were made to the following institutions.

Church Mission Society
Cornerstone Christian Centre
Wantage & Grove Partnership		 Unrestricted
funds
£
1,000
2,375
250
3,625		 Restricted
funds
£
-
-
-
-		 Total funds
£
1,000
2,375
250
3,625

13 Collections for third parties

During 2020, there were no collections for third parties due to Covid-19 restrictions.

16