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2021-12-31-accounts

REGISTERED CHARITY NUMBER: 1129632

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2021 For

The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

Contents of the Financial Statements for the Year Ended 31 December 2021

Page
Report of the Trustees 1 to 9
Independent Examiner's Report 10
Statement of Financial Activities 11
Balance Sheet 12
Notes to the Financial Statements 13 to 26
Detailed Statement of Financial Activities 27 to 29

The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

Report of the Trustees for the Year Ended 31 December 2021

The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

OBJECTIVES AND ACTIVITIES

Aims and purposes

St John's Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent, the Rev'd James Rattue, in promoting the whole mission of the Church, pastoral, evangelistic, social and ecumenical, in the ecclesiastical parish of Farncombe. It also has responsibility for the maintenance and upkeep of the Church and Church Room of St John's.

Objectives and activities

We organise the following activities to fulfil our aims and purposes:

The maintenance of St Johns Church and Churchyard is required to facilitate this work.

Social investments

The PCC has considered the Charity's Commission's guidance on public benefit, and believes that the charity has complied with the regulations through the furtherance of its charitable aims and objectives.

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The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

ACHIEVEMENT AND PERFORMANCE

Summary

As in 2020, our usual activities were impacted by the Coronavirus pandemic and the measures in place to slow the spread of the virus. We suspended in-person services at the start of the year and reverted to streaming and recorded services available online. Services in church were resumed at Easter and have continued for the rest of the year.

Our community activities were impacted however groups and events have begun to resume following the removal of restrictions in July. We held our Village Show in August, which was well supported by the local community. The Mothers’ Union, Toddler Group and Messy Church have also resumed their activities.

The local groups and organisations that use the building have continued their activities subject to the guidance provided. These include Slimming World meetings, ABRSM music exams, dance and Pilates classes and concerts presented by the Tilford Bach Society, Guildford Jazz Club and Big Group Sing.

As part of the Church of England's action to become carbon neutral by 2030, we have gained a Bronze award from Eco Church for our current activities. We will look to build on this in the next few years to meet this challenging target.

Public Worship Regular Services

Our pattern of regular services for most of the year has been: Sunday

Morning and evening prayer are said every day except Thursdays.

Sunday Space is a less formal service typically focussed on a particular theme.

We produced a weekly audio service, streamed from our website, for the first half of the year. This is now being produced to coincide with the major festivals to provide a “Prayers at Home” service for people who cannot get to church. We have also livestreamed services during the year and are considering whether to offer this in the future.

Attendance at the main 10:00am Sunday service is typically between 40 to 50 people (adults and children).

We have welcomed two new preachers, Tom Constable and Gertrud Sollars, who will preach regularly at the 10:00am Sunday services.

Messy Church

We held in-person Messy Church services in September and November. Typical attendance at the physical services was about 30 people with around 15 children. We have connections with many of the families who attend Messy Church through either our Toddler Group or our links with

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The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

Farncombe Infant School however some families who attend do not have any prior links with St John's.

Special Services

We received a number of visitors from outside our regular congregation for our Crib services at Christmas.

Roman Catholic Services

Our friends from St Edmund's Church have continued to run a weekly Roman Catholic Mass on Sundays at 9:00am.

Pastoral Care

At the 2021 Annual Parish Church Meeting in May, there were 104 people on the Electoral Roll. During the year, 6 baptisms, 2 weddings and 14 funerals were conducted at St John's or by the clergy at the crematorium. Support is offered to the families involved with these services.

The church building is left open for a few hours each day for private prayer to offer a space for anyone who would like space to pray or just sit. Votive candles are available for people who wish to use them. The PCC consider that it is important that the church is open and accessible as much as possible.

Suspended Activities

The following activities have been suspended since March 2021. We are considering how best to restart them given the changed circumstances.

Take Time Quiet Days Spring Fair WOWZA! Discussion Groups Men's Breakfast Monday Group Spring Fair Coffee Mornings

Mission and Outreach

Discipleship

Bible Reading Fellowship

We offer Bible-reading notes for individual use through the Bible Reading Fellowship scheme. We have 10 members reading 3 different books.

After School Club

This activity, held weekly during term-time at Farncombe Infant School, restarted in September and continues to be popular. Volunteers from St John’s organise craft activities and games with a Bible-story theme.

Stewardship

We made a direct appeal to the congregation this year with an aim to raise an additional £1,000 per month in Planned Giving (regular donations). This is to address the shortfall in our income which meant we had to use money from our Funds to pay our Parish Share.

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The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

Fellowship

Mother's Union (Farncombe and Godalming Joint Branch)

Branch members have continued to support projects in the area by collecting items for emergency toiletry bags for people admitted to the Royal Surrey County Hospital and providing craft materials to Send and Feltham Prisons for the use of craft clubs for the women held there.

Links with Other Organisations

Diocese of Guildford

St John's is a Parish of the Diocese of Guildford and uses the services they provide, including the Diocesan Advisory Committee (for advice and guidance on work to the church buildings) and Safeguarding team. We have also been following the coronavirus guidance they have published.

Deanery Synod

Representatives from St John's, both Clergy and Lay, meet regularly with member of other Anglican churches in the area at the Deanery Synod to discussion issues of local concern and share news from around the Deanery and Diocese.

Churches Together in Godalming and District (CTiGD)

St John's actively supports CTiGD both financially and through volunteering at events. We send a representative to meetings of the CTiGD committee.

Trinity Trust Team

St John's is one of the church partners of the Trinity Trust Team (TTT), a local charity engaged in Christian youth work with young people aged 7 to 18 in the Farncombe and Godalming area. Their work in Farncombe includes supporting students at Broadwater School and running a Street Team to meet and engage with young people around the village. We support TTT through the provision of a house for the Director at a substantially reduced rent.

Farncombe Infants School

We have strong links with Farncombe Infants School as it was formerly the Church School. We appoint three School Governors (the Rector and two Foundation Governors) and the Rector attends the school to take assemblies during the year. Children leaving the school in the Summer were presented with a children's Bible.

Godalming Junior School

We have been building links with Godalming Junior School in recent years. In 2021, our Curate led an online RE learning day on the theme of Easter for Years 3 and 4. We also provided copies of the “It’s Your Move” booklets to Year 6 pupils leaving the school in the Summer and transferring to secondary school.

Community Activities

Farncombe Villager

The Farncombe Villager is our Parish magazine and is published five times during the year. It is distributed around the Parish via various outlets, including the local shops and medical centres. The magazine is free-of-charge. Regular contributors include Farncombe Infants School, Broadwater School and the Mother's Union. Local businesses pay for advertisements and also contribute articles to the magazine.

Village Show

The Village Show was held in August. As well as the fruit and vegetable show, with additional classes covering arts and crafts, there were a number of stalls. The event, which was the first

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The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

community event organised by St John’s since the start of the pandemic, was well supported by the community.

Toddler Group

Our Toddler Group restarted for the Autumn Term and has proved popular.

Hearing Champions

Our hearing-aid clinic sessions, offering routine maintenance for standard hearing aid devices, restarted in the Autumn.

Kettle's On

This group offers activities and opportunities for a chat for people who are housebound. One session was held during 2021 with further events planned for the coming year.

Outward Giving

St John's has a policy of donating 10% of the money raised through its Planned Giving scheme to support projects locally, nationally and internationally in thanksgiving for the support that we receive and to support the work of the worldwide church of which we are a part.

In 2020, the PCC decided that we would distribute 5% of the money raised through the Planned Giving scheme; this was distributed in the first few months of 2021.

For 2021, the PCC has regretfully decided to suspend Outward Giving donations based on Planned Giving income because we want to concentrate on paying our Parish Share and other costs. We will review this decision in 2022.

We give a donation in kind to the Trinity Trust Team of reduced rent for the property at 26 Tudor Road, which we estimate at around £10,000.

The collection of tinned goods made at our Harvest service was donated to the Godalming Community Store.

Church and Churchyard

The Church and Church Room are made available for hire and were used by a variety of groups during the year, subject to the local restrictions and safety procedures.

The Quiet Garden in the churchyard is used by many people coming to the village centre. Volunteers have been able to continue meeting monthly for Working Parties. Funds for this work are raised through sales of the Farncombe Calendar.

Volunteers

The PCC would like to thank the staff and volunteers who make possible the work at St John's.

Page 5

The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

FINANCIAL REVIEW

Summary

The PCC are most grateful for the continued support of parishioners, with donations continuing to hold steady. Whilst our income from hiring of the church building has not returned to prepandemic levels, it has improved significantly from the previous year.

During the first seven months of the year, we used £9,000 from our unrestricted legacy funds to topup or monthly Parish Share contributions, ensuring that the Diocese received the full amount by year end.

Our Office Manager was on flexi-furlough until the end of the Job Retention Scheme in September (working part of her hours and on furlough for the remaining time). During 2021, we received grants totalling £2,685.94 from the Coronavirus Job Retention Scheme (in 2020, we received £2,375.89).

Income

Our income recovered slightly from 2021 as we were able to hire the building for more community activities in the second half of the year. Planned Giving donations increased thanks to the generosity of the church family and we received an increased rent from 73 Binscombe Crescent.

Expenditure

The installation of LED lights in the church has been completed at a cost of £7,000. We have also installed a mesh guard over the East window following an incident a couple of years ago which caused damage.

The PCC agreed not to make the usual Outward Giving grants in 2021 due to concerns over our financial situation. This has caused the Statement of Financial Activities to show a negative figure under Grants Paid because the usual figure of 10% of Planned Giving was recorded as a creditor in the 2020 accounts. The PCC intends to keep this decision under review and resume Outward Giving on this basis as the situation improves. We have been able to give in other ways, e.g. through our Harvest collection of food and household goods for the Godalming Community Store.

Outlook

We spent £8,000 from our unrestricted legacy funds to supplement our Parish Share between January and July. Since August, we have met our Parish Share from our regular income. Our Parish Share target increases by just under £5,000 to £84,567 in 2022 as the process undertaken by Guildford Diocese to rebalance shared costs between the Parishes, which was delayed by the pandemic, completes. We will need to increase our income – primarily through Planned Giving with support from rental of the facilities – to meet this target. We are also reviewing the letting arrangements for our properties.

Our contracts for gas and electricity will be due for renewal in the coming year or so; this will result in higher bills.

Likely items of major expenditure over the next few years include the following:

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The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.

Recruitment and appointment of PCC members

The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.

The PCC held regular meetings five times during the year in February, April, June, September and November. Additional meetings were held in January and February to discuss the new “wave” of Covid infections and in October to discuss the letting arrangements at 26 Tudor Road. Most of these meetings were held online although the PCC met in person for the meetings in October and November.

The Staff Team and sub-committees of the PCC (Worship & Nurture, Mission & Outreach and Finance & Fabric) met between meetings and reported back to the full PCC.

Reserves Policy

It is PCC policy to maintain a balance on unrestricted funds (where possible), which equates to approximately six months unrestricted payments, to cover emergency situations that may arise from time to time.

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The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number

1129632

Principal address

St John's Church Parish Office St Johns Street Farncombe Godalming GU7 3EJ

Trustees

PCC members who have served from 1 January 2021 until the date this report was approved are as shown below.

Incumbent

The Revd James Rattue - Chairman

Curate

The Revd Maggie Stirling-Troy *

Churchwardens Paul Rivers * Helen Gee Geoff Coote +

Secretary Daniel Ryan

Treasurer David Preston

Deanery Synod Heather Bryn-Thomas Geoff Coote Sarah Coote

Elected members

Barry Butcher Jackie Butcher Marjorie Cawley Chrissy Davies Phillipa Dearsley Jennifer Downes Michael Hornbrook Jane Jopson Sharon Lewer Shirley Martin

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The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

Sue Petty Graeme Pullen Lois Warden

Independent examiner Bennewith 2018 Limited t/a A J Bennewith & Co 3 Wey Court Mary Road Guildford Surrey GU1 4QU

Bank

Lloyds TSB 49 High Street Godalming Surrey GU7 1AT

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

............................................. Revd J Rattue – Trustee

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The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

INDEPENDENT EXAMINER’S REPORT

Independent examiner's report to the trustees of The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

I report to the charity trustees on my examination of the accounts of The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe (the Trust) for the year ended 31 December 2021.

Responsibilities and basis of report

As the charity trustees of the Trust 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 Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all 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:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) 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.

A J Bennewith FCA, FCPA, FFA, FFTA, DChA, FRSA Bennewith 2018 Limited t/a A J Bennewith & Co 3 Wey Court Mary Road Guildford Surrey GU1 4QU

Date: .............................................

Page 10

The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

Statement of Financial Activities for the Year Ended 31 December 2021

Notes
INCOME AND ENDOWMENTS
FROM
Donations and legacies
Charitable activities
Children's work
Church activities
Other trading activities
2
Investment income
3
Other income
TOTAL
EXPENDITURE ON
Raising funds
Charitable activities
Grants paid
4
Children’s work
Church activities
TOTAL
Net gains/(losses) on investments
NET INCOME/(EXPENDITURE)
Transfers between funds
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED
FORWARD		 Unrestricted
funds
£
Restricted
funds
£
31.12.21
Total funds
£
31.12.20
Total funds
£
81,377
50
81,427
79,434
146
-
146
233
31,591
1,570
33,161
28,615
5,201
-
5,201
3,347
580
-
580
1,069
-
-
-
6
118,895
1,620
120,515
112,704
2,499
-
2,499
1,724
(3,932)
-
(3,932)
2,740
137
-
137
263
123,712
2,290
126,002
127,133
122,416
2,290
124,706
131,860
2,458
-
2,458
1,105
(1,063)
(670)
(1,733)
(18,051)
(2,664)
2,664
-
-
(3,727)
1,994
(1,733)
(18,051)
494,136
266,063
760,199
778,250
490,409
268,057
758,466
760,199

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The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

Balance Sheet At 31 December 2021

Notes
FIXED ASSETS
Tangible assets
8
Investments
9
CURRENT ASSETS
Debtors
10
Cash at bank
CREDITORS
Amounts falling due within one year
11
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
funds
£
Restricted
funds
£
31.12.21
Total funds
£
31.12.20
Total funds
£
415,000
250,000
665,000
665,384
19,630
-
19,630
17,173
434,630
250,000
684,630
682,557
7,376
-
7,376
6,798
51,796
18,165
69,959
83,531
59,172
18,165
77,335
90,329
(3,393)
(108)
(3,501)
(12,687)
55,779
18,057
73,834
77,642
490,409
268,057
758,466
760,199
490,409
268,057
758,466
760,199
490,409
494,137
268,057
266,062
758,466
760,199

The financial statements were approved by the Board of Trustees on ............................................. and were signed on its behalf by:

............................................. Revd J Rattue –Trustee

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The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

Notes to the Financial Statements for the Year Ended 31 December 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Consecrated and benefice property is not included in the accounts in accordance with s 96(2) of the Charities Act 1993. 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 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 used within the church premises is depreciated on a straight line basis over five years. Freehold property is included in the accounts at market value. Valuations are periodically updated.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds represent the funds of the PCC that are not subject to any special restriction regarding their use and are available for application to the general purposes of the PCC. These include funds designated for particular purposes by the PCC. The accounts include monetary transactions, assets and liabilities for which the PCC can be held responsible. They do not include the accounts of other Church groups that are an affiliation to another body, nor those that are informal gatherings of Church members.

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The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

Restricted funds represent a) the income from trusts on endowments which maybe expended only on those restricted objects provided in the terms of the trust or bequest, and b) 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 must at the end of the year be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Fixed asset investments

Investments are stated at market value. Listed investments are dealt on a recognised stock exchange.

2. OTHER TRADING ACTIVITIES

Spring Fair
Magazine advertisements and sponsorship
Sale of work
Special events/refreshments
Farncombe Village Show
3. INVESTMENT INCOME
Dividends received
Interest received
4. GRANTS PAYABLE (continued)
Grants paid		 31.12.21
£
31.12.20
£
-
-
2,675
2,265
805
900
1256
182
465
-
5201
3,347
31.12.21
£
31.12.20
£
576
481
4
588
580
1,069
31.12.21
£
31.12.20
£
(3,932)
2,740

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The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

4. GRANTS PAYABLE (continued)

The total grants paid to institutions during the year was as follows:

Outward Giving included in last year’s accounts which has been cancelled
Distribution of funds from Henry Smith charity
Quiet Garden		 31.12.21
£
31.12.20
£
(4,667)
715
697
20
50
(3,932)
2,740

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2021.

6. STAFF COSTS

The average monthly number of employees during the year was as follows:

31.12.21 31.12.20
2 2

No employees received emoluments in excess of £60,000.

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The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Children's work
Church activities
Other trading activities
Investment income
Other income
TOTAL
EXPENDITURE ON
Raising funds
Charitable activities
Grants paid
Children’s work
Church activities
TOTAL
Net gains/(losses) on investments
NET INCOME/(EXPENDITURE)
Transfers between funds
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
Restricted
funds
£
Total
funds
£
78,653
781
79,434
233
-
233
27,137
1,478
28,615
3,347
-
3,347
1,069
-
1,069
6
-
6
110,445
2,259
112,704
1,724
-
1,724
2,740
-
2,740
263
-
263
125,108
2,025
127,133
129,835
2,025
131,860
1,105
-
1,105
(18,285)
234
(18,051)
(600)
600
(18,885)
834
(18,051)
513,021
265,229
778,250
494,136
266,063
760,199

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The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

8. TANGIBLE FIXED ASSETS

COST
At 1 January 2021 and 31 December 2021
DEPRECIATION
At 1 January 2021
Charge for year
At 31 December 2021
NET BOOK VALUE
At 31 December 2020
At 31 December 2021		 Freehold
property
£
Office
equipment
£
Totals
£
665,000
2,683
667,683
-
2,299
2,299
-
384
384
-
2,683
2,683
665,000
384
665,384
665,000
0
665,000

73 Binscombe Crescent, Farncombe

This house was bought around 40 years ago for the use of the Assistant Curate. It forms part of the general unrestricted fund. The property was valued in October 2018 by Seymours estate agents at £415,000. It was rented-out commercially for a rent of £1,350 per month.

26 Tudor Road, Farncombe

This property was purchased in October 2001 as our contribution towards the costs of sharing a joint youth worker with a number of other Godalming churches. It has been valued at £250,000. It is let to the Trinity Trust and a nominal rental income is received. The property was purchased 72% from the Capital Fund and 28% from the Sunday School Fund. All receipts and payments associated with 26 Tudor Road must be applied to the funds in the same proportions and should the property be sold the funds must also be reimbursed in the same proportions.

Office equipment
Description Year Purchased Purchase Price
Computer (for Office Manager) 2011 £403
Computer (for Accounts Manager) 2015 £360
Photocopier 2017 £1,920

9. FIXED ASSET INVESTMENTS

MARKET VALUE
At 1 January 2021
Revaluations
At 31 December 2021		 Listed
investments
£
17,173
2,457
19,630

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The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

NET BOOK VALUE
At 31 December 2021
At 31 December 2020
There were no investment assets outside the UK.
10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21
£
Prepayments and accrued income
7,376
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21
£
Accrued expenses, including fees for independent examination
3,501		 31.12.21
£
7,376		 19,630
17,173
31.12.20
£
6,798
31.12.20
£
12,687

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The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

12. MOVEMENT IN FUNDS

Unrestricted funds
General Fund
Children’s Work Fund
Enid Weston Legacy Fund
Project Fund
PB & JP Trower Legacy Fund
Small Legacies Fund
Restricted funds
Capital Fund
Flower Fund
Sunday School Fund
Organ Fund
Toddler Group Fund
Sylvia Mitchell Legacy Fund
Choir Robe Fund
Kettles On Fund
Heating Fund
TOTAL FUNDS		 At 01.01.21
£
Net movement
in funds
£
Transfers
between funds
£
At 31.12.21
£
434,268
14,986
(2,664)
446,590
1,464
77
-
1,541
12,412
(10,902)
-
1,510
645
885
-
1,530
45,320
(6,109)
-
39,211
27
-
-
27
494,136
(1,063)
(2,664)
490,409
181,207
146
-
181,353
412
(15)
-
397
71,416
(476)
2,664
73,604
288
-
-
288
1,946
232
-
2,178
9,389
-
-
9,389
257
-
-
257
591
-
-
591
557
(557)
-
-
266,063
(670)
2,664
268,057
760,199
(1,733)
-
758,466

Page 19

The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

Net movement in funds, included in the above are as follows:

Unrestricted funds
General Fund
Children’s Work Fund
Enid Weston Legacy Fund
Project Fund
PB & JP Trower Legacy Fund
Small Legacies Fund
Restricted funds
Capital Fund
Flower Fund
Sunday School Fund
Organ Fund
Toddler Group Fund
Sylvia Mitchell Legacy Fund
Choir Robe Fund
Kettles On Fund
Heating Fund
TOTAL FUNDS		 Incoming
resources
£
Resources
expended
£
Gains and
losses
£
Movement
in funds
£
117,864
(105,336)
2,458
14,986
146
(69)
-
77
-
(10,902)
-
(10,902)
885
-
-
885
-
(6,109)
-
(6,109)
-
-
-
-
118,895
(122,416)
2,458
(1,063)
864
(718)
-
146
50
(65)
-
(15)
336
(812)
-
(476)
-
-
-
-
370
(138)
-
232
-
-
-
-
-
-
-
-
-
-
-
-
-
(557)
-
(557)
1,620
(2,290)
-
(670)
120,515
(124,706)
2,458
(1,733)

Page 20

The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

Comparatives for movement in funds

Unrestricted funds
General Fund
Children’s Work Fund
Enid Weston Legacy Fund
Project Fund
PB & JP Trower Legacy Fund
Small Legacies Fund
Restricted funds
Capital Fund
Flower Fund
Other Restricted Funds
Sunday School Fund
Organ Fund
Toddler Group Fund
Sylvia Mitchell Legacy Fund
Choir Robe Fund
Kettles On Fund
Heating Fund
TOTAL FUNDS		 At 01.01.20
£
Net movement
in funds
£
Transfers
between funds
£
At 31.12.20
£
434,918
(49)
(600)
434,269
1,495
(31)
-
1,464
24,535
(12,123)
-
12,412
645
-
-
645
51,401
(6,081)
-
45,320
27
-
-
27
513,021
(18,284)
(600)
494,137
180,759
447
-
181,206
342
70
-
412
81
(81)
-
-
71,648
(232)
-
71,416
324
(636)
600
288
1,854
92
-
1,946
9,464
(75)
-
9,389
257
-
-
257
500
91
-
591
-
557
-
557
265,229
233
600
266,062
778,250
(18,051)
-
760,199

Page 21

The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General Fund
Children’s Work Fund
Enid Weston Legacy Fund
Project Fund
PB & JP Trower Legacy Fund
Small Legacies Fund
Restricted funds
Capital Fund
Flower Fund
Other Restricted Funds
Sunday School Fund
Organ Fund
Toddler Group Fund
Sylvia Mitchell Legacy Fund
Choir Robe Fund
Kettles On Fund
Heating Fund
TOTAL FUNDS		 Incoming
resources
£
Resources
expended
£
Gains and
losses
£
Movement
in funds
£
110,213
(111,367)
1,105
(49)
232
(263)
-
(31)
-
(12,123)
-
(12,123)
-
-
-
-
-
(6,081)
-
(6,081)
-
-
-
-
110,445
(129,834)
1,105
(18,284)
865
(418)
-
447
80
(10)
-
70
-
(81)
-
(81)
336
(568)
-
(232)
-
(636)
-
(636)
279
(187)
-
92
1
(76)
-
(75)
-
-
-
-
141
(50)
-
91
557
-
-
557
2,259
(2,026)
-
233
112,704
(131,860)
1,105
(18,051)

Page 22

The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General Fund
Children’s Work Fund
Enid Weston Legacy Fund
Project Fund
PB & JP Trower Legacy Fund
Small Legacies Fund
Restricted funds
Capital Fund
Flower Fund
Other Restricted Funds
Sunday School Fund
Organ Fund
Toddler Group Fund
Sylvia Mitchell Legacy Fund
Choir Robe Fund
Kettles On Fund
Heating Fund
TOTAL FUNDS		 At 01.01.20
£
Net movement
in funds
£
Transfers
between funds
£
At 31.12.21
£
434,917
14,937
(3,264)
446,590
1,495
46
-
1,541
24,535
(23,025)
-
1,510
645
885
-
1,530
51,401
(12,190)
-
39,211
27
0
-
27
513,020
(19,347)
(3,264)
490,409
180,760
593
-
181,353
342
55
-
397
81
(81)
-
-
71,648
(708)
2,664
73,604
324
(636)
600
288
1,854
324
-
2,178
9,464
(75)
-
9,389
257
-
-
257
500
91
-
591
-
-
-
-
265,230
(437)
3,264
268,057
778,250
(19,784)
-
758,466

Page 23

The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General Fund
Children’s Work Fund
Enid Weston Legacy Fund
Project Fund
PB & JP Trower Legacy Fund
Small Legacies Fund
Restricted funds
Capital Fund
Flower Fund
Other Restricted Funds
Sunday School Fund
Organ Fund
Toddler Group Fund
Sylvia Mitchell Legacy Fund
Choir Robe Fund
Kettles On Fund
Heating Fund
TOTAL FUNDS		 Incoming
resources
£
Resources
expended
£
Gains and
losses
£
Movement
in funds
£
228,077
(216,703)
3,563
14,937
378
(332)
-
46
-
(23,025)
-
(23,025)
885
-
-
885
-
(12,190)
-
(12,190)
-
-
-
-
229,340
(252,250)
3,563
(19,347)
1,729
(1,136)
-
593
130
(75)
-
55
-
(81)
-
(81)
672
(1380)
-
(708)
-
(636)
-
(636)
649
(325)
-
324
1
(76)
-
(75)
-
-
-
-
141
(50)
-
91
557
(557)
-
-
3,879
(4,316)
-
(437)
233,219
(256,566)
3,563
(19,784)

General Fund

This fund is available for general use by the PCC and the funds are unrestricted in their use i.e. they may be applied at the discretion of the PCC for furthering the mission of the church.

Children's Work Fund

A designated fund (i.e. there is no restriction on the money however the PCC has allocated it for a particular purpose) that holds the proceeds of the After School Club held at Farncombe C of E Infant School and donations from Messy Church. The money is designated for projects to further the church's work with children.

Page 24

The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

Enid Weston Legacy Fund

The PCC received a legacy of £66,141 from Enid Weston during 2013. There are no restrictions on the use of this money; the PCC will use it towards specific items as stated in the Legacy Policy. To date, money from the fund has been used towards the sound system, toilets, heating system, maintenance of the roof, installation of LED lights and topping-up our Parish Share contributions.

Projects Fund

(This fund was previously called the Greatest Needs Fund and has been renamed to clarify its purpose)

Some donors request that we do not use donations towards day-to-day expenditure such as utility bills. We may use the money for any specific item or project (this is not known at the time of donation). This restricted fund holds such money so that we can identify on what it was spent.

Small Legacies Fund

(This fund was previously called the Legacy Unrestricted Fund and has been renamed to clarify its purpose)

From time-to-time we receive small legacies which we handle in accordance with our Legacy Policy. This requires that we use the money on a specific item or project and not towards day-to-day expenditure. This restricted fund holds such money form legacies so that we can identify on what it was spent.

Capital Fund

A restricted fund for capital projects. The fund holds a 72% share of 26 Tudor Road, valued at £180,000 and receives a corresponding proportion of the profits from rental.

Flower Fund

This is a restricted fund which represents money donated for flowers in Church and is released to flower arrangers on request.

Other Restricted Fund

A restricted fund to hold money until it can be spent on its intended purpose. £200 held in this fund was donated by Surrey Police in 2009 to fund a newsletter from the Farncombe Forum. This newsletter never materialised so the money was returned to Surrey Police in December 2017. After investigation, the remaining money was found to be surplus from a donation in 2012 towards a new oven for the kitchen. The donor has agreed that the money can be used towards the cost of repairing the East Window. This fund is now closed.

Farncombe Church of England Sunday School Fund (Sunday School Fund)

This restricted fund is an Educational Trust. The Trustees are the Rector and Churchwardens. The Fund holds a deposit fund account with CCLA with interest to accumulate in the account (this fund was previous recorded under the General Fund but has now been moved to appear in the correct place). It has a 28% share of 26 Tudor Road valued at £70,000 and receives a corresponding share of the profits from rental.

Organ Fund

A restricted fund for donations and funds raised to carry out repairs on the church organ.

Toddler Group Fund

This restricted fund holds donations received for running of the St John's Toddler Group and is designated for the use of the group to purchase materials and equipment.

Page 25

The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

Sylvia Mitchell Legacy Fund

The PCC received a legacy of £9,982 from Mrs Mitchell during 2016. This amount has been restricted for projects relating to the musical life of the church according to her wishes.

PB & JP Trower Legacy Fund

The PCC received a legacy of £51,401 from Phyllis and Jean Trower during 2018. There are no restrictions on the use of this money however the PCC intend to use it for specific projects (i.e. not for day-to-day expenditure) in line with their stated legacy policy.

Henry Smith Fund

This is a restricted fund. A sum of money is donated by the Henry Smith Charity trustees to the Parish at the end of each year for distribution to people in particular need. Since 2014, this grant has been spent on supermarket vouchers to assist local families.

Kettles On Fund

A restricted fund used to hold grants and other income from the Kettles On group. This money will be used towards transport for people attending and other items to support and enhance the running of the group.

Choir Robe Fund

A restricted fund, initially containing money donated from the proceeds of the 2019 Spring Fair towards the purchase of new robes for the choir and serving team.

Heating Fund

A restricted fund used to hold the grant received from Surrey Count Council for repair to the heating system control panel. This money has now been spent on its intended purpose and the fund will be closed.

13. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2021.

Page 26

The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

Detailed Statement of Financial Activities for the Year Ended 31 December 2021

INCOME AND ENDOWMENTS
Donations and legacies
Grants
Planned Giving
Collections & other giving
Income tax recovered
Grant from Henry Smith Charity
Children’s work
After School Club
Messy Church
Church activities
Hire of church and church room
Weddings and funeral fees
Toddler Group
Rent from 26 Tudor Road
Rent from 72 Binscombe Crescent
Grant from Henry Smith Charity
Other trading activities
Spring Fair
Magazine advertisements and sponsorship
Sale of work
Special events/refreshments
Farncombe Village Show
Investment income
Dividends received
Bank interest
Other income
Insurance claim
Other income
Total incoming resources		 31.12.21
£
31.12.20
£
3,994
2,068
49,953
46,399
14,042
17,350
12,723
715
13,617
-
81,427
79,434
117
113
29
120
146
233
14,318
9,982
2,496
3,844
370
278
1,200
1,200
14,777
12,611
-
700
33,161
28,848
-
-
2,675
2,265
805
900
1,256
182
465
-
5,201
3,347
576
481
3
588
580
1,069
-
-
-
6
-
6
120,515
112,704

Page 27

The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

31.12.21 31.12.20 £ £

EXPENDITURE
Raising funds
Magazine costs
Spring Fair
Special events
Gift Aid processing
Village Show
Grants paid
Grants to institutions
Children’s work
Messy Church
After School Club
Charitable activities
Wages
Sundries
Parish Share
Utilities
Insurance
Church running costs
Church Room maintenance
Rector and Rectory expenses
Flowers
Toddler Group
Stationary and other admin costs
Church Room cleaning
Organists
Wedding and funeral fees
School Leavers’ Bibles
Subscriptions
Maintenance of properties
Major repairs to church
Depreciation of office equipment
Governance costs
Accountancy
Professional fees		 2,095
1,545
-
-
276
179
85
-
43
-
2,499
1,724
(3,932)
2,740
(3,932)
2,740
92
119
45
144
137
263
9,592
9,948
760
100
79,390
79,392
5,043
-
4,190
-
1,483
24,629
803
499
388
348
65
30
138
138
1,342
1,190
1,915
885
2,705
1,810
-
2,706
628
406
1,269
1,085
1,300
955
11,818
-
384
384
123,147
124,505
1,200
2,400
1,655
228
2,855
2,628

Page 28

The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

Total resources expended
Net expenditure before gains and losses
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investments
Net expenditure		 124,706
130,860
(4,191)
(19,156)
2,458
1,105
(1,733)
(18,051)

Page 29