CHRIST THE SERVANT KING, HIGH WYCOMBE
ANNUAL REPORT AND FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31ST DECEMBER 2021
Charity Number: 1129098
CHRIST THE SERVANT KING, HIGH WYCOMBE
ANNUAL REPORT AND FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31ST DECEMBER 2021
| Contents | Page |
|---|---|
| Officers and Advisers | |
| Annual Report | 1-6 |
| Independent Examiner’s Report | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Notes to the Financial Statements | 10-16 |
PAROCHIAL CHURCH COUNCIL OF CHRIST THE SERVANT KING, HIGH WYCOMBE
OFFICERS AND ADVISERS
Vicar Revd Chris Owen Honorary Assistant Clergy and Ministers Revd Marie Jackson Revd Ruth Wooster Banks Barclays Bank plc PO Box 41 16 High Street High Wycombe Bucks HP11 2BG National Westminster Bank plc 33 High Street High Wycombe Bucks HP11 2AJ Santander UK plc BBAM Bridle Road Bootle Merseyside L30 4GB Investments The CBF Church of England Funds Senator House 85 Queen Victoria Street London EC4V 4ET Independent Examiner Mrs Rebekah Haywood Dashwoods Accountants Limited Chartered Certified Accountants 31 Dashwood Avenue High Wycombe Bucks HP12 3DZ Charity Number 1129098
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PAROCHIAL CHURCH COUNCIL OF CHRIST THE SERVANT KING, HIGH WYCOMBE
ANNUAL REPORT FOR 2021
Aims and purpose
The Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, the Reverend Chris Owen, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral and evangelistic, social and ecumenical. The PCC is also specifically responsible for the finances and maintenance of the Church of Christ the Servant King, High Wycombe.
Objectives and activities
The PCC is committed to enabling as many as possible to worship at our church and in various other places within our district and to become part of the parish community of Christ the Servant King. The PCC maintains an overview of worship throughout the parish and makes suggestions on how services can involve as many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament.
When planning our activities for the year, the incumbent and the PCC have considered the Charity Commission’s guidance on public benefit and, in particular the specific guidance on charities for the advancement of religion. Our vision is to be a growing and generous church which is expressed through our mission and core values. Our mission is to connect people to God: we will aim to be people who follow Jesus who lead others to Jesus, and we seek to focus all our activities around connecting people to the: presence, passion, power, promises, purposes, and peace of God.
All this hinges around our values:
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Worship – being a worshipping community centre around God
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Fellowship – sharing God’s love with each other and the local community Maturity – growing in love, understanding and acts of service
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Ministry – serving within the church to build and grow our community of faith
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Mission – sharing the good news of God with words and actions
Achievements and performance
Worship and prayer
The PCC endeavour to offer a range of services that our community finds both beneficial and spiritually fulfilling. This extends from providing sung communion and family worship on Sunday mornings and a midweek communion, to quieter services during Holy Week and at other times focused on specific needs of the Church and the community. Our monthly Rainbow Worship meeting has not returned post lockdown, mainly because numbers had fallen significantly. We explored the reason for this and learnt that minimal staffing in care establishments during the evening means that staff are unable to accompany residents to outside events. However, many of our Rainbow friends have been welcomed into our regular services and they also attend our midweek Community Café and fortnightly Friday Fellowship gatherings.
Since May 2020 we have been meeting online, via Zoom, for morning and night prayer each Thursday. This attracts anywhere between 12 and 21 worshippers and is thoughtfully and prayerfully led by a team of ten members of our congregation.
Post lockdown it is a joy to return to meeting in person, although we continue to offer services online via Zoom, with catchup available via our YouTube channel. Our peak numbers for each of the formats have been 138 for in person worship, 34 live zoom screens and 37 views of a YouTube service.
We have kept these advertised on our website, Facebook page, YouTube channel, church notice board, weekly newsletter for offline congregation members and by phone to isolated or vulnerable congregation members.
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PAROCHIAL CHURCH COUNCIL OF CHRIST THE SERVANT KING, HIGH WYCOMBE
ANNUAL REPORT FOR 2021 (continued)
At present there are currently 137 on the parish Electoral Roll.
Pastoral Care
The Pastoral Care Team has had a busy year, being able to recommence visiting people in their own homes and arranging home communion when requested. Restrictions were lifted on baptisms and weddings, although there was little demand for these services. A small number of funerals were conducted in church and our ministers continued to officiate at the Chilterns Crematorium when requested. As a follow up to this, we were pleased to hold a service of Commemoration for the Departed in November and invitations were also extended to those who had been unable to hold funeral gatherings in the previous year.
Mission and evangelism
Helping those in need is a demonstration of our faith. As in previous years our giving from our unrestricted voluntary income went to a range of local, national and international charities. These were: Open Doors, Wycombe Youth for Christ, Lighthouse Cressex, Wycombe Homeless Connection REMA and Karuna.
Children and young people
In June 2021 we employed a Children and Families Worker and, within this role and coming out of the pandemic, we have been able to open our doors again to the community and to our children and families on a Sunday morning.
Our Sunday morning children’s group, known as Kidzone, sees an average of 15 children a fortnight between the ages of 3-11 years old that meet together for a large game, snack and then break off into smaller groups for learning that is tailored towards a more specific age group. We have 11 volunteers helping on a fortnightly basis.
From September-December 2021 we looked at some of the parables that Jesus taught and what this means for our lives today and how we can apply it to our everyday life. We also had an opportunity at Christmas to make some decorations for two of the local nursing homes and the children put together a hamper with decorations, some festive food and Christmas cards that they had made. These were then delivered to the homes the following week.
In January 2022 we looked at Creation and the world that God has asked us to look after. During this term we took the children around the area local to the church to litter pick. This was a practical demonstration to support our teaching of looking after the world. We were also given some space in the garden to plant some bee and butterfly friendly flowers and are looking forward to seeing these grow.
Our Friday night youth group has also joined us on two occasions to lead the Kidzone session, one in which they talked to the children about Noah’s ark and supported them in singing, dancing, craft, games and story-telling. In the second session our youth led our Kidzone children in making bird, butterfly and bug houses which will be hung up around the sycamore tree in our garden.
On Good Friday we were able to offer our children craft activities and then the decorating of the cross which was displayed in the church garden.
In September 2021 we recommenced our face-to-face meetings with our youth group and on a fortnightly Friday evening we welcome an average of 12 young people, supported by a rota of 6 volunteers. It has been a great opportunity to open our doors to young people aged 11-18 years old and our time is
spent exploring the bible together, playing games, eating food and enjoying hot chocolate! We explored creation, Noah’s ark and will be moving on to look at the Holy Spirit. It is a joy to see our youth supporting the younger children with their Kidzone sessions.
Also in September, we were able to hold our Saturday Live family outreach Campfire event. This was a great opportunity to meet with families from our community whom we hadn’t been able to see since our last event in February 2020. Families gathered around the campfire as we sang, played games and explored a bible story. We welcomed around 40 people to this event. We then had our Bright Lights event in October and welcomed 60 children plus their families to enjoy the evening of sweets and fair ground games.
In December we held our Christingle event and again we welcomed 60 children plus their families to hear the good news of Jesus being born. We have held two, well-attended Saturday Live events and have a programme planned for the rest of the year.
December was a busy month as we partnered with Wycombe Youth for Christ with their Christmas Unwrapped workshop and we were able to invite to our church the Year 6 class from Booker Hill School. They enjoyed finding out about the real meaning of Christmas and decorating some sparkly baubles to take home. Following on from this we partnered again with Wycombe Youth for Christ to deliver the Easter Eggsplained workshop to the same Year 6 pupils and have arranged to go into Booker Hill School to deliver two transition lessons that look to support the Year 6 children as they move to secondary school.
Also in December, we delivered Christmas hampers to both Booker Hill School and Chepping View School, both of them within our parish. In addition to this, our team, with the help of Red Kite Housing Association, were able to provide a Christmas gift bag to 37 needy children in our parish
On Easter Monday we held our Easter treasure hunt which was well attended by 60 children plus their families.
Our parent and toddler group, Tiny Tots, has been up and running since September 2021 and we have been delighted to welcome back our parents, carers and their children. We have seen a lot of our previous members come back to join us plus lots of new faces. Our morning consists of a bible story, songs, craft and that all important coffee and chat with the adults. At Christmas we had Father Christmas join us to give out presents and at Easter we gave out 30 Easter eggs to our children to take home.
We have held Family services once a month which aim to explore the bible and what God is teaching us in a family friendly context. Included in the service are games, quizzes and an opportunity to apply our learning to our everyday lives.
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PAROCHIAL CHURCH COUNCIL OF CHRIST THE SERVANT KING, HIGH WYCOMBE
ANNUAL REPORT FOR 2021 (continued)
During the year the PCC continued to focus on mission and evangelism.
In the coming year, the PCC will:
-
continue, in conjunction with the staff, to oversee the ministry and mission of the church, in particular:
ooutreach and evangelism initiatives, -
discipleship in the church,
-
look to explore options to increase the available space for children’s and youth work,
-
monitor progress against the strategy put in place for the church including growing the church younger and Natural Church Development.
Church Development
During the year, the church leadership team that was formed to respond to the challenges presented by the Natural Church Development survey, completed its initial work and presented its findings to the PCC. The ongoing development work will be overseen by our Vicar and monitored by the PCC. This will continue to focus on improving communication and prioritisation, facilitating the supervision of church life and the growth of new leaders, and increasing the effectiveness of every area of our church program of services, outreach, community engagement and growth.
Financial review
The accounts show a gross income for the year of £134,009, of which £133,599 related to unrestricted funds, and a further £410 was received for restricted funds. Of this gross income £92,916 was unrestricted planned voluntary giving and a further £ 18855 was from gift aid.
At the end of the year a sum of £5,000 has been designated (set aside) for a programme of cyclical maintenance to keep the new building in a good state of repair. A further £ 18,334 has also been set aside for the salary of the church family worker. After taking these transfers into account and the deficit for the year of £13,951 the closing balance on the unrestricted reserves (General fund) was £ 77,584. This provides a good buffer against increases in costs as well as providing funds for the expansion of mission and evangelism as well as any other additional unexpected needs. At the year end the designated fund for the programme of cyclical maintenance stood at £23,199.
The balance sheet at the end of the year showed a comparatively strong position with £139,300 in the bank or on short term deposit.
The details of the missionary and charitable giving are given in note 5 to the accounts.
Reserves policy
The PCC considers that it is appropriate to maintain a level of income reserves equivalent to approximately three to four months of unrestricted expenditure, approximately £45,000 (in a non-Covid-19 impacted year), in order to meet its needs, including its legal and constructive obligations and to smooth out fluctuations in cash flow. At the year end the reserves of £77,584 were above the level required by the policy, nevertheless a tight rein will be maintained on expenditure during the current year, to ensure funds are available for additional outreach and evangelism initiatives.
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PAROCHIAL CHURCH COUNCIL OF CHRIST THE SERVANT KING, HIGH WYCOMBE
ANNUAL REPORT FOR 2021
(continued)
Covid-19 Implications
Short and medium-term financial overview
During the year, the Parish continued to experience the impact of Covid-19 lockdown restrictions. However, as the nation eased out of lockdown and a degree of church activities resumed within the building during the second half of 2021, there was a 67% increase in income from letting of church premises and 31% increase in cash collections during services from 2020. It is anticipated that both streams of income will rise in 2022.
Starting the year 2022 with the unrestricted reserves of £77,584 and given the levels of those reserves, the church could continue to operate without the reduced income and cost savings mentioned, for three to four months, before reserves covering unrestricted expenditure for an equivalent period of time, approximately £45,000, are depleted. With energy prices and other costs set to escalate in 2022, the trustees continue to monitor income and expenditure, particularly cashflow.
There are no material uncertainties about the ability of the church to continue.
Investment policy
It remains our policy to invest our funds balances with the CBF Church of England Deposit fund.
Volunteers
We would like to thank all who work so hard to make our church the lively and vibrant community it is. In particular we want to thank the church wardens, Carol Wotherspoon and David Lidiard, who worked tirelessly on our behalf and all the other members of the PCC for their valuable contribution to our ministry and for keeping the church running.
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PAROCHIAL CHURCH COUNCIL OF CHRIST THE SERVANT KING, HIGH WYCOMBE
ANNUAL REPORT FOR 2021 (continued)
Structure, governance and management
The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure (1956) as amended and the Church Representation Rules 2020. The PCC is a Registered Charity with charity number 1129098. From 4[th] February 2013 the name for the church and parish of Christ the Servant King, High Wycombe was adopted.
The method of appointment of PCC members is set out in the Church Representation Rules. The membership of the PCC consists of the vicar, non-stipendiary ministers, churchwardens, the LLM reader and members elected by those members of the various congregations of the church who are on the electoral role of the church. All Church attendees are encouraged to register on the Electoral Roll and hence are eligible to stand for election to the PCC. In addition, members may be co-opted as necessary. The PCC met six times during the year.
Committees and teams
The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. The PCC operates through a standing committee and a staff team which meet between full meetings of the PCC.
Standing Committee
This is the only Committee required by law. It meets as and when necessary.
Staff team
The staff team oversees the day to day running of the church within the direction set by the PCC, and ensures that the work of the various teams in the church is coordinated.
Administrative information
The church of Christ the Servant King is situated in Sycamore Road, Booker within the town of High Wycombe. It is part of the Diocese of Oxford within the Church of England. The correspondence address is: The Church Office, Sycamore Road, Booker, High Wycombe, Bucks HP12 4TJ.
PCC members who have served at any time from 1[st] January 2021 until the date this report was approved are:
Ex Officio members : Clergy and ministers: Revd Chris Owen Revd Marie Jackson Revd Ruth Wooster Wardens:
David Lidiard Carol Wotherspoon
LLM:
Janice Allerston Allison Smale Heather Searle Elected Deanery Synod representatives: Martyn Lloyd Andy Smale
<6) PAROCHIAL CHURCH COUNCIL OF CHRIST THE SERVANT KING. HIGH WYCOM8E ANNUAL REPORT FOR 2021 (continued) Elected membgts.. Oavid Lidi*d Alan Molyneux Carotyn Nalty Morag Campion (re8vJned 22 May 2022> Lola de-Lima Maiakodunml Paul Brown Godfrey Otudeko Robert IAtratten Approvad by the PCC on 31 October 2022 and signed on their behalf by.. Mr D Lidiard (PCC Lay Chairnian)
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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES / MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF CHRIST THE SERVANT KING, HIGH WYCOMBE
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31[st] December 2021 which are set out on pages 8 to 16.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s Statement
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 that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and contents of accounts as set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirements 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.
Rebekah Haywood Dashwoods Accountants Limited Chartered Certified Accountants 31 Dashwood Avenue High Wycombe Bucks HP12 3DZ
31 October 2022
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PAROCHIAL CHURCH COUNCIL OF CHRIST THE SERVANT KING, HIGH WYCOMBE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31[ST] DECEMBER 2021
| Note INCOME FROM: Donations and legacies 2(a) Charitable activities 2(b) |
Unrestricted Funds £ 115,904 11,589 |
Restricted Funds £ 410 |
2021 Total £ 116,314 11,589 |
Unrestricted Funds £ 121,125 6,611 |
Restricted 2020 Funds Total £ £ 385 121,511 6,611 |
|---|---|---|---|---|---|
| Investments 2(c) Other 2(d) Total income EXPENDITURE ON: Charitable activities 3 Net income/(expenditure) before transfers Transfers between funds NET MOVEMENT IN FUNDS Reconciliation of funds: Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
37 6,069 133,599 131,438 2,161 - 2,161 150,230 |
410 410 - - - 2,357 |
37 6,069 134,009 131,848 2,161 - 2,161 152,587 |
314 7,796 135,846 119,604 16,242 - 16,242 133,988 |
314 7,796 385 136,232 385 119,989 - 16,242 - - - 16,242 2,357 136,345 |
| AS AT 31ST DECEMBER 2021 | 152,391 | 2,357 | 154,748 | 150,230 | 2,357 152,587 |
PAROCHIAL CHURCH COUNCIL OF CHRIST THE SERVANT KING. HIGH WYCOAIBE (9) BALANCE SHEET AT 31ST DECEMBER 2021 Nxed assets Tangible flxed assets 14493 Current Debtors Prepayments Short term dÈposlts Cash at bank and Sn hand L847 L557 71586 n.623 141CIJ2 Uabllltles: cdItorS due wlthln one year Credltor5 Accruals and deferred income Netcurr•nt tts•ts N*tets Fundi Unrestrlrtedlundj General Fund Deslgnatedfvnds Hardshlp fund Family workerfund Church maintenance re5er¥e Fixed assets 91535 &9 30.435 1&666 14.493 151391 1,230 Restrlrtedfvnds Youth ministry actlvitles Other restricted fvnds 857 1357 152,587 Approved by the Parochial Church COU11 on 31 Oclob8r2022 and signed on its behal D Lidiard PCC Lay Chaiman C Woth8rspoon PCC rrEmb8r
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PAROCHIAL CHURCH COUNCIL OF CHRIST THE SERVANT KING, HIGH WYCOMBE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
1 ACCOUNTING POLICIES
Basis of preparation
The Parochial Church Council (PCC) is a public benefit entity within the meaning of Financial Reporting Standard 102 (FRS 102). The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of Parochial Church Councils, and with the Regulations’ “true and fair view” provisions, together with FRS 102 (as amended for accounting periods commencing from 1 January 2019) the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP (FRS102)).
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant accounting policy note(s). The following principal accounting policies have been applied.
Funds
General funds represent the funds of the PCC which are not subject to any restriction regarding their use and are available for application on the general purpose of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.
Restricted income funds are those funds where a restriction as to their use has been imposed by the donor on receipt.
The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members.
Income
All income is recognised once the PCC has entitlement to the income, there is sufficient certainty of receipt and so it is probable the income will be received, and the amount of income receivable can be measured reliably.
Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the income to which they relate is received.
Legacies are accounted for when the PCC is legally entitled to the amounts due. Entitlement is taken as the earlier of the date on which either: the church is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) that a distribution will be made or when a distribution is received from the estate. Investment income is accounted for when receivable.
All other income is recognised when it is receivable. All income is accounted for gross.
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PAROCHIAL CHURCH COUNCIL OF CHRIST THE SERVANT KING, HIGH WYCOMBE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
(continued)
1 ACCOUNTING POLICIES (continued)
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment, it is probable that settlement will be required and the amount of obligation can be measured reliably.
Grants and donations made to third parties in the furtherance of the charitable objects of the PCC are accounted for when paid over, or when awarded, if that award results in a probable outflow of economic benefit by the PCC.
The diocesan parish share is accounted for when due. Any amount unpaid at 31 December is provided in the accounts as a probable outflow of economic benefit will follow and is shown as a creditor in the balance sheet.
All other expenditure is generally recognised when it is incurred and is accounted for gross.
Fixed assets
Consecrated or beneficed land and buildings and movable church furnishings
Consecrated or beneficed land and buildings is excluded from the accounts by Section 10(2) of the Charities Act 2011.
Movable church furnishings held by the churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted for as inalienable property unless consecrated. They are listed in the church’s Inventory, which can be inspected (at any reasonable time). For inalienable property acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1st January 2000 have been capitalised and depreciated on a straight-line basis in the accounts over their currently anticipated useful economic life.
All expenditure incurred during the year on consecrated or beneficed buildings, individual items under £1,000 or on repair of movable church furnishings is written off.
Other fixtures, fittings and office equipment
All expenditure on other fixtures, fittings and office equipment within the church, hall and office is depreciated on a straight line basis over three to ten years. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is purchased.
Current assets
Amounts owing to the PCC in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove unrecoverable.
Short-term deposits include cash held on deposit either with the CBF Church of England Funds or at the bank.
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PAROCHIAL CHURCH COUNCIL OF
CHRIST THE SERVANT KING, HIGH WYCOMBE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
(continued)
2 INCOME FROM:
| 2 | Unrestricted Funds |
Restricted Funds |
2021 Total |
Unrestricted Funds |
Restricted Funds |
2020 Total |
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | £ | |||||||
| (a) | Donations and legacies | |||||||||||
| Plannedgiving: | ||||||||||||
| Gift Aid donations | 75,416 | 75,416 | 74,352 | 74,352 | ||||||||
| Tax recoverable | 18,855 | 18,855 | 18,594 | 18,594 | ||||||||
| Other plannedgiving | 17,500 | 17,500 | 24,009 | 24,009 | ||||||||
| Collections(openplate) | 1,871 | 1,871 | 1,429 | 1,429 | ||||||||
| Donation | 2,262 | 2,262 | 2,741 | 2,741 | ||||||||
| Other collections(note 4) | 410 | 410 | 385 | 385 | ||||||||
| 115,904 | 410 | 116,314 | 121,125 | 385 | 121,511 | |||||||
| (b) | Charitable activities | |||||||||||
| Premises hire | 10,905 | 10,905 | 6,522 | 6,522 | ||||||||
| Fees | 684 | 684 | 89 | 89 | ||||||||
| 11,589 | - | 11,589 | 6,611 | - | 6,611 | |||||||
| (c) | Investments | |||||||||||
| Interest receivable | 37 | - | 37 | 314 | - | 314 | ||||||
| (d) | Other | |||||||||||
| Governmentgrant(job retention scheme) | 6,069 | 6,069 | 7796 | 7796 | ||||||||
| Insurance claim | - | - | - | - | 0 | |||||||
| Profit on disposal of fixed assets | - | - | - | - | 0 | |||||||
| 6,069 | - | 6,069 | 7,796 | - | 7,796 | |||||||
| Total income | 133,599 | 410 | 134,009 | 135,846 | 385 | 136,232 | ||||||
In 2020, of the total income from donations and legacies £121,125 was to unrestricted funds and £385 was to restricted funds. All income from charitable activities, investments and other income was unrestricted.
Giving to the church by 11 (2020 15) PCC members during the year totalled £22,809 (2020 - £25,297).
The Church benefits greatly from the involvement and enthusiastic support of its members. In accordance with accounting standards, the economic contribution of its members isn’t recognised in the accounts.
In January 2021, the PCC committed to making essential mission donations of £5,400 out of 2020 income. In December 2021 a further £4595 was donated.
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PAROCHIAL CHURCH COUNCIL OF CHRIST THE SERVANT KING, HIGH WYCOMBE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
(continued)
3 EXPENDITURE ON:
| Unrestricted Funds |
Restricted Funds |
2021 Total |
Unrestricted Funds |
Restricted Funds |
2020 Total |
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | £ | ||||||
| Charitable activities | |||||||||||
| Missionaryand charitablegiving (note 5): | |||||||||||
| Church overseas | - | - | |||||||||
| Home missions and | |||||||||||
| other Church Societies | 12,278 | 12,278 | 3,317 | 3,317 | |||||||
| Other collections | 410 | 410 | - | 385 | 385 | ||||||
| 12,278 | 410 | 12,688 | 3,317 | 385 | 3,702 | ||||||
| Ministry: Parish share | 66,279 | 66,279 | 68,374 | - | 68,374 | ||||||
| Clergyexpenses | 679 | 679 | 336 | - | 336 | ||||||
| Vicar’s discretionaryfund | - | - | - | - | - | ||||||
| Church runningcosts | 2,496 | - | 2,496 | 4,177 | - | 4,177 | |||||
| Light & water etc. | 3,131 | - | 3,131 | 4,195 | - | 4,195 | |||||
| Wine, wafers & candles | 200 | - | 200 | 516 | - | 516 | |||||
| Repairs and maintenance | 3,206 | - | 3,206 | 4,592 | - | 4,592 | |||||
| Cleaning | 6,123 | - | 6,123 | 5,226 | - | 5,226 | |||||
| Children’s Church & Youth | 184 | - | 184 | 387 | - | 387 | |||||
| Outreach | 2,769 | - | 2,769 | 798 | - | 798 | |||||
| Secretarial | 18,251 | - | 18,251 | 19,648 | - | 19,648 | |||||
| FamilyWorker | 9,065 | - | 9,065 | - | - | ||||||
| Postage & Stationery | 2,188 | - | 2,188 | 1,716 | - | 1,716 | |||||
| Depreciation | 4,007 | - | 4,007 | 5,732 | - | 5,732 | |||||
| Bank charges | 202 | - | 202 | 210 | - | 210 | |||||
| Governance costs - Benefice Council Le | v 380 |
- | 380 | 380 | - | 380 | |||||
| Total expenditure | 131,438 | 410 | 131,848 | 119,604 | 385 | 119,989 | |||||
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PAROCHIAL CHURCH COUNCIL OF CHRIST THE SERVANT KING, HIGH WYCOMBE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021 (continued)
4 OTHER COLLECTIONS
Collections of £410 (2020 - £385) were made for specific charities and other organisations and £215 (2020 - £355) was paid over directly to those charities and other organisations during the year with £195 payable at the year end.
5 MISSIONARY AND CHARITABLE GIVING
| Unrestricted Funds |
Restricted Funds |
2021 Total |
Unrestricted Funds |
Restricted Funds |
2020 Total |
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | £ | ||||||
| Wycombe Youth for Christ | 5583 | 5,583 | 2117 | - | 2,117 | ||||||
| Lighthouse Cressex | 2195 | 2,195 | - | - | |||||||
| Wycliffe Bible Translators - Joe and Heather Patrick | - | 1,200 | - | 1,200 | |||||||
| Rema Ministries - Francois Nitung | a 1,600 |
1,600 | - | - | |||||||
| Open Doors | 1,200 | 1,200 | - | - | |||||||
| Wycombe Homeless Connection | 1200 | 1,200 | - | - | |||||||
| Other charities and individuals | 500 | - | 500 | - | - | ||||||
| 12,278 | - | 12,278 | 3,317 | - | 3,317 | ||||||
| Other collections | - |
410 | 410 | - | 385 | 385 | |||||
| 12,278 | 410 | 12,688 | 3,317 | 385 | 3,702 |
In January 2021, the PCC committed to making essential mission donations of £5,400 out of 2020 income. In December 2021, the PCC committed a further £4,595 to mission donations.
6 STAFF COSTS
| STAFF COSTS Salaries Auto Enrolment pension costs Social security costs |
2021 £ 26,805 508 - 27,313 |
2020 £ 19,257 391 - 19,648 |
|---|---|---|
During the year the PCC employed two (2020 one) administrator and family worker, who worked part time and did not earn more than £60,000 in the year.
No payments or expenses were paid to any PCC member, persons closely connected to them or related parties including key management personnel.
(15)
PAROCHIAL CHURCH COUNCIL OF CHRIST THE SERVANT KING, HIGH WYCOMBE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021 (continued)
7 FIXED ASSETS FOR USE BY THE PCC
| Fixtures, fittings & office equipment Tangible fixed assets £ Cost or valuation At 1st January 2021 73,352 Additions - Disposals ( -) At 31st December 2021 73,352 Depreciation At 1st January 2021 54,852 Charge for the year 4,007 Eliminated on disposals ( -) At 31st December 2021 58,859 Net book value At 31st December 2021 14,493 At 31st December 2020 18,500 |
Total £ 73,352 - ( -) 73,352 54,852 4,007 ( -) 58,859 14,493 18,500 |
|---|---|
On 31[st] December 1995 certain fixtures, fittings and office equipment were brought into the accounts at what was considered by the PCC a fair estimate of their current value in use at that date.
8 ANALYSIS OF NET ASSETS BY FUND
| 2021 | 2020 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | Total | General | Designated | Restricted | Total | ||||||||
| Funds | Funds | Funds | Funds | Funds | Funds | Funds | Funds | ||||||||
| £ | £ | £ | £ | £ | £ | £ | £ | ||||||||
| Tangible fixed assets | 14,493 | 14,493 | 18,500 | 18,500 | |||||||||||
| Debtors andprepayments | 4,655 | 4,655 | 3,404 | 3,404 | |||||||||||
| Short term deposits | 22,489 | 49,134 | 71,623 | 36,721 | 34,865 | 71,586 | |||||||||
| Cash at bank and in hand | 54,140 | 11,180 | 2,357 | 67,677 | 58,415 | 5,330 | 2,357 | 66,102 | |||||||
| Creditors, accruals and deferred in | (3,700) |
(3,700) | (7,005) | - | - | (7,005) | |||||||||
| 77,584 | 74,807 | 2,357 | 154,748 | 91,535 | 58,695 | 2,357 | 152,587 | ||||||||
(16)
PAROCHIAL CHURCH COUNCIL OF CHRIST THE SERVANT KING, HIGH WYCOMBE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
(continued)
9 FUNDS
| Balance at | Movements in | Movements in | Funds | Balance at | Balance at | Movements i | Movements i | n Funds | Balance at | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1st January | Incoming | Resources | Transfers | 31st December | 1st January | Incoming | Resources | Transfers | 31st December | ||||||||||
| 2021 | resources | expended | gains, and | 2021 | 2020 | resources | expended | gains, and | 2020 | ||||||||||
| losses | losses | ||||||||||||||||||
| £ | £ | £ | £ | £ | £ | £ | £ | £ | £ | ||||||||||
| General Fund | 91,535 | 127,749 | (118,366) | (23,334) | 77,584 | 96,557 | 135,396 | (113,752) | (26,666) | 91,535 | |||||||||
| Designated Funds | |||||||||||||||||||
| HardshipFund | 5,330 | 1,350 | 6,680 | 450 | (120) | 5,000 | 5,330 | ||||||||||||
| Familyworker | 16,666 | 4,500 | (9,065) | 18,334 | 30,435 | 16,666 | 16,666 | ||||||||||||
| Church maintenance reserve | 18,199 | 5,000 | 23,199 | 13,199 | - | 5,000 | 18,199 | ||||||||||||
| Fixed assets reserve | 18,500 | (4,007) | 14,493 | 24,232 | - | (5,732) | 18,500 | ||||||||||||
| 58,695 | 5,850 | (13,072) | 23,334 | 74,807 | 37,431 | 450 | (5,852) | 26,666 | 58,695 | ||||||||||
| Total Unrestricted Funds | 150,230 | 133,599 | (131,438) | - | 152,391 | 133,988 | 135,846 | (119,604) | - | 150,230 | |||||||||
| Restricted Funds | |||||||||||||||||||
| Youth activities | 500 | - | 500 | 500 | - | - | - | 500 | |||||||||||
| Other restricted funds | 1,857 | 410 | (410) | 1,857 | 1,857 | 385 | (385) | - | 1,857 | ||||||||||
| 2,357 | 410 | (410) | - | 2,357 | 2,357 | 385 | (385) | - | 2,357 | ||||||||||
| Total Funds | 152,587 | 134,009 | (131,848) | - | 154,748 | 136,345 | 136,231 | (119,989) | - | 152,587 | |||||||||
Fund
Designated funds Church maintenance reserve
Fixed assets reserve
Purpose
Amounts set aside by the PCC for future maintenance of the new church building. A further transfer of £5,000 was made to the reserve at the end of the year.
Amounts put aside by the PCC to fund the fixed assets of the church.
Hardship Fund
Amounts set aside by the PCC to meet people's basic needs on a short-term interim basis.
Family Worker Fund Restricted funds
Amount put aside by the PCC to fund the salary of a part time family worker from 2021. A transfer of £16,666 was made into the fund in 2020 and a further £18,334 at the year end, to meet a total commitment of £35,000 out of reserves.
Youth activities Other restricted funds
Giving received to specifically fund youth activities. Other restricted funds including collections given in connection with the work of the Church.