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2022-12-31-accounts

Annual Report and Financial Statements for the year ending 31st December 2022

The Parochial Church Council of the Parish of St Andrew with St Etheldreda, Histon

Charity Registration Number: 1129167

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The Parish of St Andrew with St Etheldreda, Histon

Contents Page
Report of the Parochial Church Council (‘PCC’)
Aims of the PCC 3
Administrative Information 3
Charitable Status 3
Electoral Roll / Sunday Attendance 3
Structure, Governance and Management 4
Achievements and Performance 4
Plans for the Future 6
Financial Review 6
Budgetary Policies 6
Grant-making Policy 7
Investment Policy 7
Risk Management 7
Key Management Personnel Remuneration 7
Statement of the PCC’s Responsibilities 7
Independent Examiner’s Report 9
Statement of Financial Activities 10
Balance Sheet 11
Statement of Cashflows 12
Notes to the Financial Statements 13-30

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The Parish of St Andrew with St Etheldreda, Histon

Report of the Parochial Church Council (‘PCC’)

The members of the PCC, who are the trustees of the charity for the purposes of the Charities Act 2011, present their Annual Report and the Financial Statements for the year ended 31 December 2022. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Aims of the PCC

The PCC is a body elected by those eligible to vote at the Annual Parochial Church Meeting. The PCC (Powers) Measure 1956 states that the PCC is to co-operate with the minister in promoting in the parish the whole mission of the church, pastoral, evangelistic, social and ecumenical. The PCC has taken regard of the Charity Commission’s guidance related to public benefit and they believe the PCC’s activities are in accordance with those guidelines.

The PCC is also responsible for the operation (room lettings and Café) of the Saint Andrew’s Centre. The Café, within the Centre, is managed as an independent legal entity with its own board of directors—wholly owned and overseen by the PCC.

Administrative Information

Parochial Name: St Andrew with St Etheldreda, Histon
Church Location: Church Street, Histon, Cambridge CB24 9EP
Correspondence: Church Office, Saint Andrew’s Centre, School Hill, Histon, Cambridge
CB24 9JE
Website: http://www.standrewshiston.org
Email: office@standrewshiston.org
Incumbent: Canon James Blandford-Baker
Churchwardens: Louise Vincent
Stephen Tromans
PCC Secretary: Rebecca Lent
Treasurer: Erin Dickens
Accountants: Ian Shipley, Prentis & Co LLP, 115c Milton Road,
Cambridge CB4 1XE
Banks: Unity Trust Bank, Nine Brindleyplace, Birmingham B1 2HB
CCLA Investment Management Ltd (The CBF Church of England Funds),
80 Cheapside, London EC2V 6DZ

Charitable Status

Registered with the Charity Commission as The Parochial Church Council of the Ecclesiastical Parish of St Andrew with St Etheldreda, Histon. Registered Charity Number 1129167

Electoral Roll/Sunday Attendance

All are welcome to attend our regular services and at 31st December 2022 there were 219 people on the Electoral Roll (2021: 216). The figure for average Sunday attendance during October 2022 was 93 adults and 31 children/young people (2021: 73 adults and 29 children/young people). In addition to those who attended in-person worship, there was an average of 87 views of live-streamed services (between the 13 November and 18 December) via the YouTube channel (2021: 77 views for the equivalent period) within one week of livestreaming. This may not be representative of numbers of

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individuals, as some may have also been counted in church numbers, watched with other people, or watched more than once.

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. The method of appointment of PCC members is set out in the Church Representation Rules 2022. Those who regularly attend our church services or are resident in the parish are eligible to register on the Electoral Roll and stand for election to the PCC which comprises elected lay members plus other co-opted and ex-officio members. PCC members are appointed for a 3-year term, which can be renewed for a further term. On appointment PCC members are provided with guidelines on being a Trustee and information about the purpose and responsibility of the PCC. This is clarified in the first PCC meeting of each year.

As required by law, the PCC has a Standing Committee which has power to transact the business of the PCC between its meetings, subject to any directions given by the Council.

The PCC is the sole shareholder of Saint Andrew’s Centre Café Limited and appoints its Directors. The Vicar, Erin Dickens (Treasurer), Andrew Glover (former Treasurer), David Wilson (former Churchwarden) and Chris Cox (PCC Member) currently serve as Directors. Financial reports of the Café are provided to the PCC on a quarterly basis and management reports bi-annually.

The full list of PCC members having served in 2022 is as follows:

James Blandford-Baker (Vicar) Ruth Chamberlain (Assistant Curate) Stephen Tromans (Churchwarden and Deanery Synod) Louise Vincent (Churchwarden) Erin Dickens (Treasurer) Rebecca Lent (Secretary) Colin Alexander (Deanery Synod) Nigel Evans (Deanery Synod) George Adam Julius Arinaitwe (to 25.5.2022) Ali Fisher Paul Glass Lesley Guy Robert John McKinley Joanna Morciniec-Tomczak (to 25.5.2022) Anastasia Sanders (to 25.5.2022) Ben Shin (from 4.7.2022) Margaret Taylor (from 4.7.2022) Heather Taylor (from 25.5.2022) *Emily Ward (from 25.5.2022)

*Trustees as of 31.12.2022

Achievements and Performance

In 2022 the PCC sought to enable and encourage the church to emerge from the restrictions and disruption of the COVID-19 pandemic. As in-person worship resumed it became clear that the pandemic had brought about some changes that meant a return to life pre-pandemic was

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unrealistic, at least in the medium-term. A significant number of Sunday worshippers have not returned though many may well be worshipping with us via our YouTube services; our young people now meet regularly in the Saint Andrew’s Centre on a Sunday morning and only occasionally join the adult worshippers in the church; the number of children present on Sundays is smaller following the pandemic. Aware of the challenges of these changes (and others) for all in the congregation, the PCC engaged in a listening process which involved the churchwardens creating opportunities for everyone to speak about their own perceptions and experience. The key theme that emerged was the need to focus on who we are rather than what we do. This was understood in relation to the quality of relationships, prayerfulness, a culture of perfectionism, an attitude of gratitude and encouragement, a shortage of joy and the pain of some personal interactions. The PCC’s response to these issues is outlined under ‘Plans for the Future’ below.

Against the backdrop of changes in Sunday patterns, the PCC has supported the development of mid-week opportunities for outreach among children and young people. The PCC has funded the employment of two part-time workers to serve and lead the SHINE activities (alongside a dedicated team of volunteers) in the Saint Andrew’s Centre. These have continued to prove popular with parents and children in Histon and Impington as well as drawing in some from further afield. Central to these activities has been the opportunity to witness to faith in Jesus Christ in word and action with warm hospitality and a clear Christian ‘Thought for the Day’ being vital elements.

Our work with young people has continued to develop via the EDGE brand. The PCC has supported the development of the EDGE Café, an after school meeting point in the Saint Andrew’s Café (and supported by the Café Manager and volunteers) for those in Years 7 and 8. This has proved immensely popular attracting a large number of young people. It has been a good opportunity to meet with both Christian and non-Christian young people in a friendly, caring and fun environment. The wider work with young people has continued to be supported by a dedicated team of volunteers, working alongside the paid Youth Team Leader. A notable feature of the work in 2022 has been the development of ad hoc groups to meet specific needs of cohorts and age groups in order to provide opportunities for them to grow in faith.

Prayer has continued to be understood by the PCC to be a priority. Our weekly prayer meeting, Prayer Central, has been attended by a faithful group of intercessors who bring the ministry of St Andrew’s before the Lord regularly. Following input from an open meeting and the pre-Lent prayer course we are moving towards meeting twice per month in person and twice on Zoom, with a view to making specific time to seek the face of God in these meetings. In 2022 meetings were held inperson (monthly) and via Zoom (other weeks).

Following the Climate and Environmental Emergency Recognition statement agreed by the PCC in 2021, three groups have taken forward work in the areas of (i) energy sustainability and buildings, (ii) management of our churchyard and gardens and (iii) lifestyle and engagement. We held an ecojustice service in July 2022 to think theologically and practically about our response to the climate crisis and we have developed links with others in the local community who share our concerns. We achieved the Eco-Church Bronze Award in 2022 and are now working towards the Silver Award.

Health and Safety as well as Safeguarding have been priority areas for development by the PCC in 2022. A review of both of these takes place at every meeting of the PCC with written reports and details of work currently being undertaken. Safeguarding Sunday was held in November 2022 where the theology of safeguarding as being at the heart of the good news of Jesus Christ was clearly articulated. The service helped in encouraging a large proportion of the congregation undertaking safeguarding training to C0 level.

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The Quinquennial inspection of the church buildings was undertaken in early 2022 and the priority issues addressed immediately. Work on the accommodation for our Youth Team Leader was completed to make it fit for purpose both internally and concerning garden boundaries.

Plans for the Future

When planning activities for the year, the Vicar 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. In 2023 the PCC will focus on reaching out in mission, continuing to develop our buildings, managing significant changes in key personnel, responding to the listening process. This latter work includes teaching on prayer, exploring the character of God in Sunday sermons and small group work, encouraging prayer by keeping the church building open for periods during the day, and by developing opportunities for the church to come together to reconnect and enjoy each other’s company.

Financial Review

In 2022, the financial performance of the church started to recover from the impact of COVID-19. The furlough payments and grants ended in 2021, and our regular activities have started to fill the gaps.

Philanthropic income reduced this year. Giving by Direct Debit via the Parish Giving Scheme dropped early in the year and now provides a regular income of £6,900 per month, (2021: over £7,000). Most other types of philanthropic income also reduced this year, resulting in about £1000 less per month overall. However, we were fortunate to receive a substantial legacy, which helped offset some of these reductions.

There has been substantially more use of the Stable Room this year, resulting in a greater income allocated to that resource. Lettings income from the Saint Andrew's Centre has similarly increased, generating income approaching 2019 levels.

Budgetary Policies

In 2017, the PCC established a new set of budgetary policies to enable the church to focus on missional development and ensure good maintenance of the church buildings.

Policy 1 – The General Fund should, at least, break even every year. [i.e. everyday running costs should be covered by normal income.]

Policy 2 – Aim to hold 20% of general expenditure costs in reserve. [It is the policy of the PCC not to maintain reserves other than sums necessary to meet identified future requirements.]

Policy 4 – Establish a missional development fund.

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Grant-making Policy

Each year the Council donates unrestricted income to a variety of charities whose work coincides with the charitable aims of the PCC.

Investment Policy

The PCC does not intend to make long term investments out of incoming funds. Surplus funds are kept in deposit accounts. The ownership of Narrow Lane is seen as an operating resource to be used principally for the housing of staff workers rather than for the generation of rental income.

Risk Management

The major risks to which the PCC is exposed have been reviewed and systems and procedures designed to manage those risk have been established.

Key Management Personnel Remuneration

All current members of the PCC are trustees and give of their time freely and no trustee remuneration was paid in the year. The clergy are also trustees and those who are stipendiary are funded centrally by the Church of England and not directly by the charity. Details of trustee expenses and related party transactions are disclosed in note 10 to the accounts.

Trustees are required to disclose all relevant interests and register them with the PCC secretary and in accordance with the PCC’s policy withdraw from decisions where a conflict of interest arises.

Safeguarding

The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 to have regard to the House of Bishops’ guidance on safeguarding children and vulnerable adults.

Statement of the PCC’s Responsibilities

Charity law requires the PCC to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the PCC and of the surplus or deficit of the PCC for that year.

In preparing those accounts, the PCC is required to:

The PCC is responsible for keeping proper accounting records which disclose with reasonable accuracy, at any time, the financial position of the PCC and to enable them to ensure that the financial statements comply with the Charities Act 2011.

They are also responsible for safeguarding the assets of the PCC and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

By order of the PCC

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The Parish of St Andrew with St Etheldreda, Histon

Canon James Blandford-Baker, PCC Chair

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Independent Examiner’s Report to the PCC

This report on the financial statements of the PCC for the year ended 31st December 2022 is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (‘the Regulations’) and section 145 of the Charities Act 2011 (‘the Act’).

Respective responsibilities of the trustees and the examiner:

As the members of the PCC you are responsible for the preparation of the financial statements. The PCC consider that an audit is not required for this year under the Regulations and section 144(2) of the Act, and that an independent examination is needed. The gross income of the PCC has exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.

It is my responsibility to:

Basis of independent examiner’s 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, issued by the Finance Division of the Archbishops’ Council. An examination includes a review of the accounting records kept by the PCC and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as PCC members concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a true and fair view and the report is limited to those matters set out in the statement below.

Independent Examiner’s statement:

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

(1) which gives me reasonable cause to believe that in any material respect, the requirements:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

Ian W Shipley FCCA, Independent Examiner, For and on behalf of, Prentis & Co LLP, 115c Milton Road, Cambridge CB4 1XE

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Statement of Financial Activities

For the year ending 31 December 2022

Notes
Income
2
Donations and legacies
Charitable activities
Trading activities
Investments
Other income
Total income
Expenditure
3
Charitable activities
Trading activities
Total expenditure
Net income/(expenditure)
and net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
9		 Unrestricted
funds
Restricted
funds
Total funds
Unrestricted
funds
Restricted
funds
Total funds
2022
2022
2022
2021
2021
2021
£
£
£
£
£
£
191,684
-
191,684
203,792
110
203,902
42,056
-
42,056
46,295
-
46,295
157,805
-
157,805
107,198
-
107,198
-
-
-
46
-
46
3,847
-
3,847
1,067
-
1,067
395,392
-
395,392
358,398
110
358,508
239,293
23,282
262,575
216,226
25,858
242,084
162,355
-
162,355
129,561
-
129,561
401,648
23,282
424,930
345,787
25,858
371,645
(6,256)
(23,282)
(29,538)
12,611
(25,748)
(13,137)
651,977
1,148,148
1,800,125
639,366
1,173,896
1,813,262
645,721
1,124,866
1,770,587
651,977
1,148,148
1,800,125

The notes on pages 13 to 30 form part of these financial statements

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Balance Sheet

31 December 2022

Fixed assets
Tangible fixed assets
5
Investments
Total Fixed assets
Current assets
Stock
Debtors
7
Cash at bank and in hand
Total Current assets
Liabilities
Creditors - due in one year
8
Net Current assets
Total assets less current
liabilities
Creditors - due after one
year
8
Total Net Assets
Funds of the charity
9
Restricted income funds
Unrestricted income funds
- general
Unrestricted income funds
- designated
Total Charity Funds		 Consolidated
Parent
2022
2021
2022
2021
£
£
£
£
1,658,206
1,689,012
1,588,202
1,616,728
-
-
90,000
90,000
1,658,206
1,689,012
1,678,202
1,706,728
1,500
1,500
-
-
18,060
19,329
57,527
58,596
158,470
153,575
148,596
133,795
178,030
174,404
206,123
192,391
23,910
16,477
14,978
12,494
154,120
157,927
191,145
179,897
1,812,326
1,846,939
1,869,347
1,886,625
41,739
46,814
41,739
46,814
1,770,587
1,800,125
1,827,608
1,839,811
1,124,866
1,148,148
1,124,866
1,148,148
317,406
330,833
402,089
386,069
328,315
321,144
300,653
305,594
1,770,587
1,800,125
1,827,608
1,839,811

The notes on pages 13 to 30 form part of these accounts.

Approved by the Parochial Church Council on 2 May 2023 and signed on its behalf by Canon James Blandford-Baker (PCC Chair).

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Statement of Cashflows

For the year ending 31 December 2022

Cash provided by (used in) operating
activities11
Cash flows from investing activities
Interest income
Rental income
Purchase of tangible fixed assets
Cash provided by investing activities
Cash flows from financing activities
Interest Paid
Repayment of borrowing
Cash used in financing activities
Cash at beginning of year
Increase in cash in the year
Cash at end of year		 Consolidated
Parent
2022
2021
2022
2021
£
£
£
£
9,072
14,480
14,801
13,949
-
46
-
46
-
-
-
-
-
-
-
-
-
46
-
46
-4,177
-2,644
-
-477
-
-
-
-4,177
-2,644
-
-477
153,575
141,693
133,795
120,277
4,895
11,882
14,801
13,518
158,470
153,575
148,596
133,795

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Notes to the Financial Statements

For the year ended 31 December 2022

1. Accounting Policies

Basis of preparation and assessment of going concern

The financial statements have been prepared under the historical cost convention with items recognized at cost of transaction values unless otherwise stated in the relevant notes to these financial statements.

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting of Charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and the Charities Act 2011. The financial statements have also been prepared in accordance with the Church Accounting Regulations 2006 and modified as necessary.

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.

The Parish of St Andrew with St Etheldreda, Histon constitutes as a public benefit entity as defined by FRS 102.

The Council Members consider that there are no material uncertainties about the Parochial Church Council’s ability to continue as a going concern.

Consolidation

The financial statements of the PCC and its wholly owned trading subsidiary, Saint Andrew’s Centre Café Limited, are consolidated on a line-by-line basis, eliminating all interim group transactions and balances, to produce the Group financial statements.

Funds

Restricted funds represent donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. Unrestricted funds are general funds which can be used for PCC ordinary purposes.

Income

Planned giving, collections and donations are recognized when received. Tax refunds are recognized when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Interest is accrued. Rental income from letting of church premises is recognized when the rental is due. All other income is recognized when it is receivable. All incoming resources are accounted for gross.

Expenditure

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. All other expenditure is generally recognized when it is incurred and is accounted for gross.

All expenditure incurred on consecrated and benefice buildings and moveable church furnishings, whether maintenance or improvement, is written off as expenditure in the Statement of Financial Activities.

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Notes to the Financial Statements

For the year ended 31 December 2022

Fixed assets

Consecrated and benefice property is not included in the accounts in accordance with s.96(2)(a) of the Charities Act 2011.

Land and buildings used by the Council in undertaking its activities are included at a reasonable current value in use less depreciation.

Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements .

Equipment, fixtures and fittings used within the church premises and for the Café are depreciated on a straight-line basis over three years. Individual items of equipment with a purchase price of £300 or less are written off when the asset is acquired. Property is depreciated on a straight-line basis over 50 (or, in the case of the Saint Andrew’s Centre, 80) years.

Debtors

Amounts owing to the PCC at 31 December in respect of fees, rents and other income are shown as debtors less provision for amounts that may prove uncollectable. The PCC does not consider that there is any risk of bad debts at present.

Creditors

Amounts owed, or outstanding, by the PCC at 31 December are shown as liabilities. The PCC aims to pay all trade creditors on terms requested.

Stock

The Café holds an amount of stock for catering purposes. This is assessed twice a year and treated as a balance sheet item rather than as a cost of goods at the time of purchase.

Pensions

Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme which is administered by NEST. The charity contributes 3% of eligible earnings and there were no outstanding contributions at the year end. There are no support or governance costs required for the scheme.

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Notes to the Financial Statements

For the year ended 31 December 2022

2. Incoming Resources
2(a) Donations and legacies
Gift Aid via bank
Tax recoverable
Sunday collection
Other Gift Aid donations
Non-Gift Aid donations
2(b) Charitable activities
Donations for Church Property
Sundry
Fees
Recovered costs
Network magazine and yearbook
Grants
2(c) Trading activities
Saint Andrew's Centre
12
Saint Andrew's Centre Café
13
Stepping Stones
15		 Unrestricted
funds
Restricted
funds
Total funds
Unrestricted
funds
Restricted
funds
Total funds
2022
2022
2022
2021
2021
2021
£
£
£
£
£
£
157,824
-
157,824
171,307
110
171,417
11,104
-
11,104
15,797
-
15,797
257
-
257
335
-
335
9,921
-
9,921
9,424
-
9,424
12,578
-
12,578
6,929
-
6,929
191,684
-
191,684
203,792
110
203,902
3,080
-
3,080
720
-
720
1,253
-
1,253
365
-
365
11,191
-
11,191
6,812
-
6,812
19,191
-
7,552
7,049
-
7,049
7,341
-
7,341
6,724
-
6,724
-
-
-
24,625
-
24,625
42,056
-
42,056
46,295
-
46,295
49,062
-
49,062
19,272
-
19,272
108,743
-
108,743
87,265
-
87,265
-
-
-
661
-
661
157,805
-
157,805
107,198
-
107,198

2(d) Investments

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Notes to the Financial Statements

For the year ended 31 December 2022

Bank interest
2(e) Other income
Parish share rebate		 -
-
-
46
-
46
3,847
-
3,847
1,067
-
1,067

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Notes to the Financial Statements

For the year ended 31 December 2022

3. Resources Expended Unrestricted
funds		 Restricted
funds		 Total funds Unrestricted
funds		 Restricted
funds		 Total funds
2022 2022 2022 2021 2021 2021
£ £ £ £ £ £
3(a) Charitable activities
Church running and maintenance 20,706 - 20,706 16,212 - 16,212
Stable rooms 12,688 - 12,688 2,053 - 2,053
Church Supplies 1,888 - 1,888 4,858 - 4,858
Diocesan Parish Share 81,094 - 81,094 79,866 - 79,866
Clergy expenses 2,609 96 2,705 2,125 35 2,160
Mission giving 5,760 - 5,760 3,642 210 3,852
Staff costs 60,653 - 60,653 57,685 - 57,685
Youth work 1,431 - 1,431 2,095 - 2,095
Children's work 3,265 - 3,265 2,091 - 2,091
Music 50 - 50 110 - 110
Community outreach 980 - 980 549 - 549
Training 1,881 - 1,881 1,383 - 1,383
Church magazine 7,333 - 7,333 7,320 - 7,320
Fees 4,140 - 4,140 5,720 - 5,720
Depreciation 5,341 23,186 28,527 5,779 25,613 31,392
Professional services 886 - 886 761 - 761
Independent examiner fees 3,440 - 3,440 1,332 - 1,332
Church office staff costs 20,217 - 20,217 19,228 - 19,228
Church office expenses 4,931 - 4,931 3,417 - 3,417

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Notes to the Financial Statements

For the year ended 31 December 2022

239,293 23,282 262,575 216,226 25,858 242,084
3(b) Trading activities
Saint Andrew's Centre 12 31,064 - 31,064 29,375 - 29,375
Saint Andrew's Centre Café 13 126,080 - 126,080 87,521 - 87,521
Stepping Stones 14 - - - 10,921 - 10,921
31 Narrow Lane 5,211 - 5,211 1,744 - 1,744
162,355 - 162,355 129,561 - 129,561

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Notes to the Financial Statements

For the year ended 31 December 2022

3.1 Staff costs

Current year
Wages and salaries
National Insurance
Pension contributions
Prior-year
Wages and salaries
National Insurance
Pension contributions		 Unrestricted
funds
Restricted
funds
Total funds
2022
2022
2022
£
£
£
155,088
-
155,088
953
-
953
3,795
-
3,795
159,836
-
159,836
Unrestricted
funds
Restricted
funds
Total funds
2021
2021
2021
£
£
£
130,636
-
130,636
951
-
951
3,410
-
3,410
134,997
-
134,997

During the year the PCC employed a Youth Minister, a Children’s Minister, two part-time Under 5s workers, a Church Manager; a Church Administrator and a Vicar’s PA. The Café employed a Café Manager, a part-time Deputy Manager, a part-time Chef and 4 part-time Assistants on an ad-hoc basis. No employee had employee benefits in excess of £60,000 (2021: none).

A small portion of the expenses paid to the vicar and curates may have related to their services as chair and members of the PCC respectively.

Key personnel are the Churchwardens and Treasurer, who are trustees who do not get paid, and the Vicar who is not paid directly by the Charity.

4. Transfers between funds

Transfers of funds during the year were as follows:

Depreciation charges on building From: Unrestricted Designated (building) -4,941 assets To: Unrestricted General funds 4,941

-

19 of 30

The Parish of St Andrew with St Etheldreda, Histon

Notes to the Financial Statements

For the year ended 31 December 2022

5a. Tangible Fixed Assets—Consolidated (2022)

Freehold land
and buildings		 Fixtures and
fittings		 Computer
equipment		 Total
Cost:
As at 1 January 2022 1,901,594 57,270 10,119 1,968,983
Additions - - - -
As at 31 December 2022 1,901,594 57,270 10,119 1,968,983
Depreciation
As at 1 January 2022 223,505 46,746 9,719 279,970
Charges 25,318 5,089 400 30,807
As at 31 December 2022 248,823 51,835 10,119 310,777
Net book value
As at 31 December 2022 1,652,771 5,435 - 1,658,206
Tangible Fixed Assets—Parent (2022)
Freehold
land and
buildings		 Fixtures
and fittings		 Computer
equipment		 Total
Cost:
As at 1 January 2022 1,819,184 36,635 8,682 1,864,501
Additions - - - -
As at 31 December 2022 1,819,184 36,635 8,682 1,864,501
Depreciation
As at 1 January 2022 212,008 27,482 8,282 247,773
Charges 23,670 4,457 400 28,527
As at 31 December 2022 235,678 31,939 8,682 276,299
Net book value
As at 31 December 2022 1,583,506 4,696 - 1,588,202

20 of 30

The Parish of St Andrew with St Etheldreda, Histon

Notes to the Financial Statements

For the year ended 31 December 2022

5b. Tangible Fixed Assets—Consolidated (2021)

Freehold land
and buildings		 Fixtures and
fittings		 Computer
equipment		 Total
Cost:
As at 1 January 2021 1,901,594 57,270 10,119 1,968,983
Additions - - - -
As at 31 December 2021 1,901,594 57,270 10,119 1,968,983
Depreciation
As at 1 January 2021 198,186 39,228 8,882 246,297
Additions 25,319 7,517 838 33,674
As at 31 December 2021 223,505 46,745 9,720 279,971
Net book value
As at 31 December 2021 1,678,089 10,525 399 1,689,012
Tangible Fixed Assets—Parent (2021)
Freehold
land and
buildings		 Fixtures
and fittings		 Computer
equipment		 Total
Cost:
As at 1 January 2021 1,819,184 36,635 8,682 1,864,501
Additions - - - -
As at 31 December 2021 1,819,184 36,635 8,682 1,864,501
Depreciation
As at 1 January 2021 188,338 20,598 7,444 216,381
Additions 23,670 6,884 838 31,392
As at 31 December 2021 212,008 27,482 8,282 247,773
Net book value
As at 31 December 2021 1,607,176 9,153 400 1,616,728

21 of 30

The Parish of St Andrew with St Etheldreda, Histon

Notes to the Financial Statements

For the year ended 31 December 2022

6. Investments

The PCC holds one £1 ordinary share in its wholly owned subsidiary company Saint Andrew’s Centre Café Limited (with a share premium of £89,999). The results of the subsidiary are summarised in Notes 13 & 14.

7. Debtors
Tax on gift aid receivable
Other prepayments and accrued income
Loan to (café) subsidiary
8. Liabilities
Amounts falling due in one year
Tax and national insurance
VAT Liability
31 Narrow Lane mortgage
Credit Cards
Accruals & deferred income
Trade creditors
Advance receipts
Amounts falling due after one year
31 Narrow Lane mortgage		 Consolidated
Parent
2022
2021
2022
2021
£
£
11,091
15,797
11,091
15.797
6,969
3,532
6,838
3,201
-
-
39,598
39,598
18,060
19,329
57,527
58,596
Consolidated
Parent
2022
2021
2022
2021
£
£
1,093
-
470
-
4,812
2,082
-
-
6,374
6,374
6,374
6,374
755
806
340
448
2,240
840
2,240
840
8,611
2,831
5,529
1,288
25
3,544
25
3,544
23,910
16,477
14,978
12,494
41,739
46,814
41,739
46,814
41,739
46,814
41,739
46,814

22 of 30

The Parish of St Andrew with St Etheldreda, Histon

Notes to the Financial Statements

For the year ended 31 December 2022

9. Funds

Unrestricted General Funds
General Fund
Unrestricted Designated
Funds
Buildings Fund
Children and Young
People
Weekend Away Fund
Restricted Funds
St Andrew's Centre Fund
Vicar Discretionary Fund
Chancel Repair Fund
Total funds
Unrestricted General Funds
General Fund
Unrestricted Designated
Funds
Buildings Fund
Stepping Stones
Children and Young
People
Weekend Away Fund
Restricted Funds
St Andrew's Centre Fund
Vicar Discretionary Fund
Chancel Repair Fund
Total funds		 Balances as
at 1 January
2022
Incoming
resources
Resources
expended
Transfers
Balances as
at 31
December
2022
£
£
£
£
£
330,833
381,038
399,406
4,941
317,406
305,594
-
-
(4,941)
300,653
12,037
2,994
2,242
-
12,789
3,513
11,360
-
-
14,873
1,137,542
-
(23,186)
-
1,114,356
606
-
(96)
-
510
10,000
-
-
-
10,000
1,800,125
395,392
424,930
-
1,770,587
Balances as
at 1 January
2021
Incoming
resources
Resources
expended
Transfers
Balances as
at 31
December
2021
£
£
£
£
£
304,747
353,099
-331,954
4,941
330,833
310,535
-
-
-4,941
305,594
10,260
661
-10,921
-
-
10,636
4,313
-2,912
-
12,037
3,188
325
-
-
3,513
1,163,155
-
-25,613
-
1,137,542
741
110
-245
-
606
10,000
-
-
-
10,000
1,813,262
358,508
371,645
-
1,800,125

Restricted funds:

St Andrew’s Centre Fund—this fund was set up to redevelop and renew the Church Hall’s site.

23 of 30

The Parish of St Andrew with St Etheldreda, Histon

Notes to the Financial Statements

For the year ended 31 December 2022

Chancel Repair Fund – this fund was established in 2020 following a legacy request for this purpose. Vicar’s Discretionary Fund – this fund was established in 2020 to allow the Vicar to make small grants at his/her own discretion.

Designated funds:

This fund holds the value of the Stable Rooms and Narrow Lane properties. The funds can be used for general purposes. A designated fund was established in 2020 as part of our work in prioritising Children and Young People.

Weekend Away Fund—this fund was set up to receive donations towards the cost of the weekend away.

Vicar and Churchwardens’ Trust:

This is a special trust of the PCC which is held by the incumbent and churchwardens for the express purpose of assisting the PCC in the maintenance of the church and churchyard. It is vested in the Diocesan Board of Finance (DBF) as custodian trustee. A copy of the financial statements is available on request.

10. Transactions with related parties

There are transactions between the parent (Church) and subsidiary (Café). These are included in notes 13 & 14 but excluded from the main consolidated accounts. The cross charges are £250pm from the Centre to Café for service charges, and £250pm from Café to Centre for cleaning. There is also a loan account for the Café which was originally used to assist with the setup, stocking and first years operational cost. This will be repaid over time from profits and currently stands at £39,598 (2021: £39,598).

A lease agreement exists between the Café and PCC for an initial 5-year term, with a monthly rental of £1,000. This has been waived by the Landlord (PCC) until such time as the Café is making a sustainable operational profit. This waiver is reviewed on an annual basis. A proportion of any profits from the Café will be paid to the PCC as dividend.

The Vicar and Churchwardens’ Trust made no contribution during the year (2021: no contribution).

11. Net movement in Funds

Reconciliation of the net movement in funds to net cash flow from operating activities

Consolidated

Parent

24 of 30

The Parish of St Andrew with St Etheldreda, Histon

Notes to the Financial Statements

For the year ended 31 December 2022

Net movement in Funds
Add back depreciation charge
Deduct interest income shown in
investing activities
Deduct rental income shown in
investing activities
Add back interest paid shown in
financing activities
Change in debtors
Change in creditors
Net cash provided by (used in)
operating activities		 2022
2021
2022
2021
£
£
£
£
(29,538)
(13,137)
(12,201)
(2,231)
30,808
33,674
28,527
31,392
-
(46)
-
(46)
-
-
-
-
4,177
2,644
-
477
1,268
4,460
1,068
(10,227)
2,357
(13,115)
(2,591)
(5,416)
9,072
14,480
14,801
13,949

25 of 30

The Parish of St Andrew with St Etheldreda, Histon

Notes to the Financial Statements

For the year ended 31 December 2022

12. Saint Andrew’s Centre

The cross-charge transactions between the Centre and Café are included in the service charge and utilities figures in order to show the true operating costs of the Centre.

Income
Net Lettings
Service charges

Expenditure
Cleaning
Utilities
Staffing
Repairs, Maintenance
Finance charges
Profit		 2022
2021
46,058
16,272
3,004
3,000
49,062
19,272
3,794
3,263
8,139
8,535
12,000
12,000
7,131
5,577
31,064
29,375
-
-
17,998 -10,103

26 of 30

The Parish of St Andrew with St Etheldreda, Histon

Notes to the Financial Statements

For the year ended 31 December 2022

13. Saint Andrew’s Centre Café—Profit & Loss

The cross-charge transactions between the Centre and Café are included in the cleaning and utilities figures in order to show the true operating costs of the Café.

Income
Turnover
Cafe catering
Charity Items
Goods & Other
Cost of Goods
Catering
Charity Items
Non-food purchases
Plant Hire
Gross Margin
Expenses
Bank Charges
Catering equipment
Cleaning services
Operational Depreciation
IT & Telephony
Insurance
Marketing & Advertising
Office Supplies
Payroll Cost
Maintenance
Utilities
Travel
Operating Profit/(Loss)
Capital Depreciation
Total Profit/(Loss)		 2022 £ 2021 £
106,954
67,207
551
365
1,238
19,693
108,743
87,265
33,979
21,144
3
426
1,652
1,108
730
907
36,364
23,585
72,379
63,680
4,117
2,167
224
1,249
8,811
5,272
633
632
1,365
1,573
1,723
1,613
282
348
857
1,256
67,374
45,450
2,450
2,622
224
98
8
8
88,068
62,288
(15,689)
1,392
1,648
1,648
(17,337)
(256)

27 of 30

The Parish of St Andrew with St Etheldreda, Histon

Notes to the Financial Statements

For the year ended 31 December 2022

14. Saint Andrew’s Centre Café—Balance Sheet

Assets
Fixed Assets - Tangibles
Commercial Buildings
Computer Equipment
Fixtures & Fittings
Plant & Machinery
Current Assets
Stock
Bank accounts
Undeposited Funds
Credit card processors
Total Assets
Liabilities
Accounts Payable
Accounts Payable
Liability - Current
Payroll Liabilities
VAT Control
Café Credit Card
Liability - Long term
St Andrew's PCC Loan
Total Liabilities
Net Assets - Liabilities
Shareholder Funds
Called Up Share Capital
Retained P&L
Profit & Loss
Total Shareholder Funds		 2022 £
2021 £
69,267
70,915
-
-
738
1,371
-
-
70,005
72,286
1,500
1,500
9,313
18,874
561
906
131
331
11,505
21,611
81,510
93,897
3,082
1,542
623
-
4,812
2,082
415
358
39,598
39,598
48,530
43,580
32,980
50,317
90,000
90,000
(39,683)
(39,427)
(17,337)
(256)
32,980
50,317

28 of 30

The Parish of St Andrew with St Etheldreda, Histon

Notes to the Financial Statements

For the year ended 31 December 2022

15. Saint Andrew’s Stepping Stones—Profit & Loss

2022 2021
Income £ £
Fees
Baby Club - 10
Toddlers - 76
Playgroup - 5
Total Fees - 91
Grants - 570
Total Income - 661
Expenses
Operational Costs
Software - 280
Total Operational Costs - 280
Admin & Management - 117
Payroll Cost - 645
Donations to Parent - 9,879
Total Expenses - 10,921
Surplus/Deficit - -10,260
16. Saint Andrew’s Stepping Stones—Balance Sheet
2022 2021
Assets £ £
Debtors - -
- -
Liabilities
Creditors - -
- -
Net Assets - Liabilities - -
Funds
Retained P&L - 10,260
Surplus (Deficit) for year - -10,260
Balance c/f - -

29 of 30

The Parish of St Andrew with St Etheldreda, Histon

Notes to the Financial Statements

For the year ended 31 December 2022

Stepping Stones ceased trading in the 2021 financial year, with any remaining cash balances and funds transferred to the Parent Charity.

30 of 30