## **GROVE PAROCHIAL CHURCH COUNCIL**
## **Registered Charity No. 1129066**
## **Annual Report and Financial Statements Year ended 31st December 2021**
## **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 2021
**Trustees' Annual Report**
## **Grove Parochial Church Council**
## **Trustees’ Annual Report for the year ended 31st December 2021**
## **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: Nicky Gibbard (from July 2021) Nick Terrill 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 Brian Hipwell (to July 2021)
## **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 2021
**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:
- Select suitable accounting policies and then apply them consistently.
- Make judgements and estimates that are reasonable and prudent.
- Follow applicable accounting standards and statements of recommended practice, subject to any material departures disclosed and explained in the financial statements.
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will remain in operation.
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 July.
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.
2
Year ended 31st December 2021
**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**
2021 has been a year of constant adaptability. The changing restrictions seeking to control the spread of the COVID Virus and people’s reactions to this have continued to curtail and affect a lot of our ministry but have
We continue to be grateful to Steve Aldridge and several other technicians who have developed our capability to share our services online.
Several courses and prayer meetings across the Benefice have been established online as well. We thank the Lord that the positive benefit uniting members from the different churches deepening support and fellowship continues. However the contrasting attitudes of caution and adventurous courage have challenged decisions in seeking how we worship together again. It has been wonderful to start up most of our children’s work including Toddler’s Youth Group and Sunday Club – we are grateful to the leaders. Open the Book and Friends on Friday have also restarted. So too the organisations that use our excellent premises have gradually returned to meet again including GroW.
Following the Success of last years Christmas Trail we offered the opportunity for people to attend an Easter Trail which where a great deal of families who do not normally attend church came along. This year at Christmas we held a Croib sevrcie and hope to alternate with a “Trail” every other year.
During Covid numbers of people attending church services have been much lower but we are gradually seeing more people returning to worship as well as new people joining us
The number of people on the Electoral Roll is now 124 of whom 77 are resident in the Parish and 47 from outside the Parish.
Lockdown again affected our statistics this year There were 3 blessings of children and 1 baptism. The clergy conducted 12 funerals 3 in church as well as 5 at the Crematorium and 4 graveside only with 4 interment of ashes as well as 2 weddings and a Marriage blessing in 2021.
Teamwork is an essential as the body of Christ serving the Lord and I am grateful to everyone for their various ministries. The Ministry Leadership Team which includes an Associate Vicar, a Licensed Lay Minister, a training Curate and training LLM has met several times together and seeks to model this. We praise God for the several clergy with Permission to Officiate some of whom are retired. We give thanks for all that Sue Powditch and Sarah Shackleton have done especially Sue organising a very enjoyable Crafts Fair.
3
Year ended 31st December 2021
**Trustees' Annual Report**
## **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. It is fully expected that these reserves, along with expected grants, should enable this work to continue for the whole of 2022.
We are grateful to God for all his blessings and the faithful service of our church members.
## **Financial Review**
This year has again been affected by the Covid-19 pandemic lockdowns and other restrictions causing a reduction in income from lettings and church services. The expenditure was lessened to some extent with heating, lighting, and cleaning costs all reduced. We continued to take 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 income of £17,284 more than the expenditure for unrestricted funds. However, when you remove the legacy we received, of just over £21,000, this results in a loss of just over £4,000 for 2021. Once again, we do have enough to cover the deficit this year, however, we do need to try and increase our income so that it at least matches our expenditure over the coming years.
During the year we received a large legacy of over £21,000 which had no restrictions placed on it. However, the PCC felt that this should not just be used for general running costs but would look for particular projects that could be a lasting memorial to the generous donor.
In 2021 our income from lettings was again lower than before the pandemic, although it did recover from last year’s levels, mainly in the last quarter. We are hopeful that this income will continue to recover to the prepandemic levels next year.
Next year we hope that we will see an end to restrictions due to the pandemic so that we can get back to normal, although probably different to before the pandemic. One thing that has changed is that we are now streaming services and due to generous donations towards the equipment, the quality is very high and gives a very good experience for those viewing on-line.
We are, as always, extremely grateful to those of the congregation who continue giving on a regular basis and did so throughout this difficult year.
In terms of general funds, the financial position is healthy, with an unrestricted cash balance of just over £57,500. Most of this is held as reserves in line with the policy above, however it does also include the legacy money.
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:
Ms Nicky Gibbard Church Warden grovecw@valebenefice.org.uk _01235 200368_
4
Year ended 31st December 2021
## **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 2021, 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
- examine the accounts under section 145 of the 2011 Act
- follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act
- state whether particular matters have come to my attention.
## **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**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that, in any material respect
- (1) the accounting records were not kept in accordance with section 130 of the 2011 Act; or (2) the accounts did not accord with the accounting records; or
- (3) the accounts did 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.
Signed:
Date:
D C S Cooke MA (Oxon) FCA FCIE
David Cooke & Co. 5 Briar Close Banbury Oxfordshire OX16 9DS
5
Year ended 31st December 2021
## **Grove Parochial Church Council Financial Statements**
## **Statement of financial activities**
|Notes
Unrestricted
funds
£
**Income and endowments from:**
Donations and legacies
3(a)
137,884
Charitable activities
3(b)
7,854
Other trading activities
3(c)
2,891
Investments
3(d)
5
3(e)
957
**Total income**
**149,591**
**Expenditure on:**
4(a)
-
4(b)
123,068
4(c)
824
**Total expenditure**
**123,892**
25,699
**Transfers between funds**
9
(8,415)
**17,284**
74,109
**91,393**
**Total funds carried forward**
Other
**Net movement in funds**
Other
Raising funds
Charitable activies
**Total funds brought forward**
**Net income/(expenditure)**|Restricted
funds
£
51,704
453
-
-
46
**52,203**
-
65,139
-
**65,139**
(12,936)
8,415
**(4,521)**
49,794
**45,273**|Total funds
£
189,588
8,307
2,891
5
1,003
**201,794**
-
188,207
824
**189,031**
12,763
-
**12,763**
123,903
**136,666**|2020
£
156,992
6,130
5,807
43
634|
|---|---|---|---|
||||**169,606**|
||||-
160,725
1,640|
||||**162,365**|
||||7,241
-|
||||**7,241**
116,662|
||||**123,903**|
6
Year ended 31st December 2021
## **Grove Parochial Church Council Financial Statements**
|**Statement of cash flows**||||
|---|---|---|---|
|Unrestricted
funds
Notes
£
**Cash flows from operating activities:**
Net movement in funds (as per SOFA)
17,284
Adjustments for:
Depreciation charges
5
1,585
Purchase of assets
5
-
Dividends, interest and rents from investments
3(d)
(5)
(Increase)/decrease in debtors
6
68
Increase/(decrease) in creditors
8
(992)
**Net cash provided (used)**
**17,940**
**Cash flows from investing activities:**
Dividends, interest and rents from investments
3(d)
5
**Net cash provided (used)**
**5**
**Cash flows from financing activities:**
**Net cash provided (used)**
**-**
**Change in cash and cash equivalents**
17,945
**Cash and cash equivalents at start of year**
39,581
**Cash and cash equivalents at end of year**
7
**57,526**|Restricted
funds
£
(4,521)
193
-
-
(138)
(2,005)
**(6,471)**
-
**-**
**-**
(6,471)
51,901
**45,430**|Total
funds
£
12,763
1,778
-
(5)
(70)
(2,997)
**11,469**
5
**5**
**-**
11,474
91,482
**102,956**|2020
£
7,241
1,777
(770)
(43)
292
1,151|
||||**9,648**|
||||43|
||||**43**|
|||||
||||**-**|
||||9,691
81,791|
||||**91,482**|
7
Year ended 31st December 2021
## **Grove Parochial Church Council Financial Statements**
## **Balance sheet as at 31st December 2021**
|Notes
Unrestricted
funds
£
**Fixed assets:**
Tangible assets
5
34,294
**Total fixed assets**
34,294
**Current assets:**
Debtors
6
259
Cash at bank and in hand
7
57,526
**Total current assets**
57,785
**Liabilities:**
8
686
**Net current assets**
57,099
**Total net assets**
**91,393**
**The funds of the church**
**Unrestricted funds**
General fund
9
60,055
Designated funds
9
31,338
91,393
**Restricted funds**
9
-
**Total funds of the church**
**91,393**
Creditors: Amounts falling due within one year|Restricted
funds
£
385
385
500
45,430
45,930
1,042
44,888
**45,273**
-
-
-
45,273
**45,273**|Total
£
34,679
34,679
759
102,956
103,715
1,728
101,987
**136,666**
60,055
31,338
91,393
45,273
**136,666**|2020
£
36,457|
|---|---|---|---|
||||36,457|
||||689
91,482|
||||92,171|
||||4,725|
||||87,446|
|||||
||||**123,903**|
||||64,109
10,000|
||||74,109|
||||49,794|
||||**123,903**|
Signed:
Frank Parnell Nicky Gibbard Treasurer Churchwarden Date: Date:
8
Year ended 31st December 2021
**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 2021
**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 2021
**Grove Parochial Church Council Financial Statements**
## **Notes to the financial statements**
|**3**
Unrestricted
funds
£
**3(a) Donations and legacies**
Planned giving
89,609
Collections at services
1,814
Other giving including appeals
3,989
Gift Aid recovered
20,859
Legacies received
21,338
Grants received
275
137,884
**3(b) Charitable activities**
Statutory fees
2,466
Church groups and activities
5,388
7,854
**3(c) Other trading activities**
Fundraising activities
1,282
Lettings and rental income
1,609
2,891
**3(d) Investments**
Interest received
5
5
**3(e) Other**
Other income
957
957
**4**
Notes
Unrestricted
funds
£
**4(a) Raising funds**
Raising funds
-
-
**4(b) Charitable activities**
Grants to partner organisations
12
2,655
Parish share
89,855
Running costs
27,822
Repairs, maintenance and building work
2,736
GroW - Children's work
-
123,068
**4(c) Other**
Governance costs
600
Other expenditure
224
824
**Analysis of incoming resources**
**Analysis of resources expended**|**3**
Unrestricted
funds
£
**3(a) Donations and legacies**
Planned giving
89,609
Collections at services
1,814
Other giving including appeals
3,989
Gift Aid recovered
20,859
Legacies received
21,338
Grants received
275
137,884
**3(b) Charitable activities**
Statutory fees
2,466
Church groups and activities
5,388
7,854
**3(c) Other trading activities**
Fundraising activities
1,282
Lettings and rental income
1,609
2,891
**3(d) Investments**
Interest received
5
5
**3(e) Other**
Other income
957
957
**4**
Notes
Unrestricted
funds
£
**4(a) Raising funds**
Raising funds
-
-
**4(b) Charitable activities**
Grants to partner organisations
12
2,655
Parish share
89,855
Running costs
27,822
Repairs, maintenance and building work
2,736
GroW - Children's work
-
123,068
**4(c) Other**
Governance costs
600
Other expenditure
224
824
**Analysis of incoming resources**
**Analysis of resources expended**|Restricted
funds
£
2,188
-
25,386
888
-
23,242
51,704
110
343
453
-
-
-
-
-
46
46
Restricted
funds
£
-
-
575
-
51,893
5,176
7,495
65,139
-
-|Total funds
£
91,797
1,814
29,375
21,747
21,338
23,517
189,588
2,576
5,731
8,307
1,282
1,609
2,891
5
5
1,003
1,003
Total funds
£
-
-
3,230
89,855
79,715
7,912
7,495
188,207
600
224|2020
£
96,179
1,093
17,315
24,869
-
17,536|
|---|---|---|---|---|
|||||156,992|
|||||1,391
4,739|
|||||6,130|
|||||165
5,642|
|||||5,807|
|||||43|
|||||43|
|||||634|
|||||634|
|||||2020
£
-|
|||||-|
|||||3,625
90,397
52,831
7,939
5,933|
|||||160,725|
|||||585
1,055|
||824|-|824|1,640|
11
Year ended 31st December 2021
## **Grove Parochial Church Council Financial Statements**
## **Notes to the financial statements**
|**5 Tangible assets**
**Cost or valuation**
At beginning of the year
Additions
At end of the year
**Depreciation and impairments**
At beginning of the year
Depreciation
At end of the year
**Net book value**
At beginning of the year
At end of the year
**6 Debtors and prepayments**
Prepayments and accrued interest
Other debtors|Freehold land
& buildings
(unrestricted)
Church
equipment
(unrestricted)
Church
equipment
(restricted)
£
£
£
65,950
1,064
770
-
-
-
65,950
1,064
770
30,337
798
192
1,319
266
193
31,656
1,064
385
35,613
266
578
34,294
-
385
Unrestricted
funds
Restricted
funds
Total funds
£
£
£
-
-
-
259
500
759
259
500
759
Amounts falling due within one year|Freehold land
& buildings
(unrestricted)
Church
equipment
(unrestricted)
Church
equipment
(restricted)
£
£
£
65,950
1,064
770
-
-
-
65,950
1,064
770
30,337
798
192
1,319
266
193
31,656
1,064
385
35,613
266
578
34,294
-
385
Unrestricted
funds
Restricted
funds
Total funds
£
£
£
-
-
-
259
500
759
259
500
759
Amounts falling due within one year|Total
£
67,784
-|
|---|---|---|---|
||||67,784|
||||31,327
1,778|
||||33,105|
||||36,457|
||||34,679|
||||2020
£
-
689|
|||759|689|
The sum shown under Other debtors represents amounts due for room hire and funerals.
No amounts were due in more than one year.
12
Year ended 31st December 2021
**Grove Parochial Church Council Financial Statements**
## **Notes to the financial statements**
## **7 Cash and cash equivalents**
|**Cash and cash equivalents**|||||
|---|---|---|---|---|
|Cash in hand|Unrestricted
funds
£
57,526
57,526|Restricted
funds
£
45,430
45,430|Total funds
£
102,956
102,956|2020
£
91,482|
|||||91,482|
Cash in hand includes cash in current and immediate access bank accounts.
|**8 Creditors and accruals**
Diocesan fees
Other creditors|Unrestricted
funds
Restricted
funds
Total funds
£
£
£
-
866
866
686
176
862
686
1,042
1,728
Amounts falling due within one year|2020
£
831
3,894|
|---|---|---|
|||4,725|
13
Year ended 31st December 2021
**Grove Parochial Church Council Financial Statements**
## **Notes to the financial statements**
## **9 The funds of the church**
|**Unrestricted funds**
General
Legacy donations Unrest
Contingency|Fund
balances
brought
forward
£
64,110
-
10,000
74,110|Incoming
resources
£
128,252
21,338
-
149,590|Outgoing
resources
£
(123,892)
-
-
(123,892)|Transfers
£
(8,415)
-
-
(8,415)|Fund
balances
carried
forward
£
60,055
21,338
10,000|
|---|---|---|---|---|---|
||||||91,393|
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
Chaplaincy
Fabric
Benefice
Local Mission
Flowers|Fund
balances
brought
forward
£
26,461
198
-
14,223
857
7,967
88
49,794|Incoming
resources
£
28,845
1,365
12,850
4,958
3,883
-
301
52,202|Outgoing
resources
£
(33,628)
(1,137)
(12,850)
(2,975)
(14,198)
-
(350)
(65,138)|Transfers
£
-
(62)
-
-
8,477
-
8,415|Fund
balances
carried
forward
£
21,678
364
-
16,206
(981)
7,967
39|
|---|---|---|---|---|---|
||||||45,273|
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 Chaplaincy fund is for collecting money for the deanary chaplain and passing it on to them.
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 2021 this included money given for a new lawn mower and the prayer walk stone specific purposes. The outstanding balance at the year end is due to be passed on during 2022.
14
Year ended 31st December 2021
**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 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: £43,331 in gross wages and £1,095 in Employers Pension Costs, of which £4,062 was contributed by the government furlough scheme. £5,086 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: Frank Parnell (£624) and Helen Harwood (£41)
The clergy received directly paid expenses in their role as parish priests: John Durant (£721), Alec Gill (£1,043) and Chris Ashton(£1,526). These costs are shared with the other parishes in the Benefice, who between them contributed £987 (30%).
The total value of all donations received by the PCC from PCC members or their close family members during 2021 was £20,660, this total includes restricted donations of £2,800 for the Fabric fund, and a total of £2,877 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 2021
**Grove Parochial Church Council Financial Statements**
## **Notes to the financial statements**
## **12 Grants made**
Grants were made to the following institutions.
|ts were made to the following institutions.||||
|---|---|---|---|
|Wantage & Grove Street Pastors
Cornerstone Christian Centre
Wantage & Grove Food Bank
Little People
Viva Network|Unrestricted
funds
£
1,000
1,600
-
55
-
2,655|Restricted
funds
£
-
-
100
-
475
575|Total funds
£
1,000
1,600
100
55
475|
||||3,230|
## **13 Collections for third parties**
During 2021, there were no collections specifically for third parties due to Covid-19 restrictions.
16