| ADMINISTRATIVE INFORMATION |
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|---|---|---|
| AIMS AND PURPOSES. | ||
| I ACHIEVEMENTS AND PERFORMANCE la Tea»r Rector's Report (Chnrles Millerj. |
.........3 .......3 |
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| lb Church Electornl Roll (Richard Kirby(.. Ic LLMReport (Gvven Bevingtonj. . |
.......5 .......6 |
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| ld PCC(Eluned Hallasj.. le Safeguarding (Maria Gibson(.. lf Co»»nunications (Margaret Horton IRobert Rutherford(. |
.......6 .......7 .......7 |
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| 1g Abingdon Deanery Synodal (Sue Scott(.. |
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| 2 STRUCTURE, GOVERNANCE AND MEMBERSHIP |
.........9 | |
| 3 PROPERTY |
.......I0 | |
| 3aMusson Close (Linda Hobbsj | ....112 | |
| 3b Fairacres Rond(Rob Bough(.. | .11 | |
| OBJECTIVESAND ACTIVITIES .. | ....... I I | |
| PUBLIC BFNEFIT.. | ....... I2 | |
| TREASURER'S REPORT ON THE ACCOUNTS | FOR THE YEAR ENDED 31 | DEC 2021 |
| .......I3 | ||
| STATEMENT OF THK RESPONSIBILITIES OF | THE PCC | ....14 |
| INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES..... |
...15 | |
| STATEMENT OF FINANCIAL ACTIVITIES. | .16 | |
| BALANCE SHEET. | ....17 | |
| NOTES TO THE ACCOUNTS. | ....18 | |
| APPENDIX ISTHELEN'S CHURCH CHURCH WARDENS' &FABRIC REPORTS.......28 | ||
| APPENDIX 2 STMICHAEL AND ALL ANGELS' | CHURCH CHURCH WARDENS' & | |
| FABRIC REPORTS. | .31 | |
| APPENDIX 3STNICOLAS' CHURCH CHURCH | WARDENS' &FABRIC REPORTS.....33 | |
| APPENDIX 4 STNICOLAS' CEPRIMARY SCHOOL. | ........35 | |
| APPENDIX 5REPORT ON THE ACTIVITIES OF THK CHURCH IN ABINGDON ..........37 | ||
| APPENDIX 6REPORT ON THE ABINGDON FOODBANK. | .....39 |
| )ON) | ||||||||
|---|---|---|---|---|---|---|---|---|
| n)ii | deletions | additions | chan e | roll | %chan | e | ||
| St | Helen | 12 | -10 | -4% | ||||
| St Michael | -4% | |||||||
| St | Nicolas | 0% | ||||||
| Abingdon | on Thames | iru) | 18 | 5 | -13 | -4% |
| 2021 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |||
| funds | funds | Funds | |||||
| Note | f | ||||||
| INCOME Voluntary income Activities for generating Investment income From church activities Other income |
funds | 2a 2b 2c 2d |
238,712 6,533 8,648 13,435 1,580 |
56,943 127 5,344 |
295,655 6,660 13,993 13,435 1,580 |
245,620 21,708 15,340 7,024 5,308 |
|
| 265,749 | 62,414 | 328,163 | 295,001 | ||||
| EXPENDITURE Fundraising costs Church activities Other expenditure |
3a | 658 271,280 2,700 |
59,958 | 658 331,238 2,700 |
1,257 351,924 3,720 |
||
| 274,638 | 59,958 | 334,596 | 356,902 | ||||
| Net Income (Expenditure) Investment Gains |
before | (8,889) | 2,456 | (6,433) | (61,901) | ||
| Gains and losses on investment on revaluation |
assets | 25,123 | 9,549 | 19,217 | 53,889 | 31,878 | |
| Transfers between funds |
23,197 | 12,917 | 10,280 | ||||
| Net movement in funds |
(6,964) | 24,923 | 29,497 | 47,456 | (30,022) | ||
| Total funds brought forward |
772,145 | 229,204 | 271,567 | 1,272,916 | 1,302,938 | ||
| Total funds carried forward | 765,181 | 254,127 | 301,064 | 1,320,372 | 1,272,916 |
| 2021 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |||
| funds | funds | Funds | |||||
| Note | 6 | f | L | ||||
| FIXEDASSETS | |||||||
| Tangible assets | 5 | 396,287 | 14,437 | 83,185 | 493,909 | 488,979 | |
| Investments | 6 | 246,500 | 137,729 | 202,379 | 586,608 | 472 802 | |
| CURRENT ASSETS | 642 787 | 152 165 | 285 564 | 1 080,516 | 961,781 | ||
| Stocks | 824 | 824 | 835 | ||||
| Debtors Short term deposits Cash at bank and in hand |
7 | 29,295 90,311 34,196 |
1,243 72,125 29,915 |
15,500 0 |
30,538 177,936 64,112 |
81,309 271,575 55,156 |
|
| CREDITORS | 154,626 | 103,283 | 15,500 | 273,409 | 408,875 | ||
| Amounts due within one year |
8 | 32,232 | 1,321 | 33,553 | 97,740 | ||
| NET CURRENT | ASSETS | 122,394 | 101,962 | 15,500 | 239,856 | 311,135 | |
| NET ASSETS | 765,181 | 254,127 | 301,064 | 1,320,372 | 1,272,916 | ||
| FUNDS OF THE | CHURCH | ||||||
| Unrestricted | funds | 9 | 765,181 | 765,181 | 772,145 | ||
| Restricted funds | 10 | 254,127 | 254,127 | 229,204 | |||
| Endowment | funds | 11 | 301,064 | 301,064 | 271,567 | ||
| 765,181 | 254,127 | 301,064 | 1,320,372 | 1,272,916 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2. | INCOMING | RESOURCES | Unrestricted | Restricted | Endowment | Total | Total | ||
| Funds | funds | Funds | |||||||
| a. | Voluntary income |
8 | f | f | f | 8 | |||
| Regular giving |
156,642 | 30 | 156,672 | 162,773 | |||||
| Income tax | recoverable | 38,001 | 198 | 38,198 | 33,465 | ||||
| Other giving | 425 | ||||||||
| Collections | (open plate) | 6,750 | 6,750 | 3,315 | |||||
| Legacies | 1,500 | 1,500 | |||||||
| Grants | 5,676 | 54,033 | 59,709 | 35,117 | |||||
| Sundry donations | 30,144 | 2,683 | 32,827 | 8,692 | |||||
| 238,712 | 56,943 | 295,655 | 243,787 | ||||||
| 8 | f | ||||||||
| b. | Activities for generating | funds | |||||||
| Fetes, bazaars, etc | 6,533 | 127 | 6,660 | 21,708 | |||||
| 6,533 | 127 | 6,660 | 21,708 | ||||||
| c. | Income from investments | ||||||||
| Interest, dividends | etc | 8,648 | 5,344 | 13,993 | 15,340 | ||||
| Rent from land and | buildings | ||||||||
| 8,648 | 5,344 | 13,993 | 15,340 | ||||||
| d. | Income from Church activities | ||||||||
| Bookstall | 2,347 | ||||||||
| Church hall |
lettings | 4,206 | 4,206 | 2,457 | |||||
| Magazines | 10 | 10 | 60 | ||||||
| Fees | 9,219 | 9,219 | 2,160 | ||||||
| 13,435 | 13,435 | 7,024 |
| OT | ES TO THE ACCOUNTS FOR | THE Y | EAR ENDED 31 D | ECEMB | ER 2021 | ER 2021 | ||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||
| 3. | RESOURCES EXPENDED | Unrestricted | Restricted | Endowment | Total | Total | ||
| a. | Church Activities | Funds | funds f |
Funds f |
||||
| Church overseas Relief and development agencies Home missions, other church societies Secular charities Ministry Parish share Incumbents' expenses Assistant staff Church running costs Church maintenance Upkeep of services Bookstall Support costs Church centre and hall running Other PCC property upkeep Salaries, wages and honoraria Major repairs and replacements Printing stationery, etc General administration Lease ofoffice equipment Depreciation Bank charges |
3,998 3,230 5,976 8,424 161,189 668 482 30,752 1,469 6,993 16 5,989 1,432 29,021 3,267 154 4,879 2,919 422 |
1,238 6,332 45,763 807 70 52 5,606 91 |
3,998 3,230 5,976 9,662 161,189 668 482 37,085 47,232 7,800 86 6,041 7,038 29,021 3,267 245 4,879 2,919 423 |
1,200 1,200 5,383 4,419 166,106 1,470 22 28,683 56,912 1,139 227 614 11,117 5,292 38,108 11,072 2,760 6,733 4,779 3,727 963 |
||||
| 271,280 | 59,958 | 331,238 | 351,926 | |||||
| b. | Analysis ofother costs | |||||||
| Education and evangelism Independent examination |
2,700 | 2,700 | 3,720 | |||||
| 2,700 | 2,700 | 3,720 | ||||||
| 2021 | 2020 | |||||||
| 4. | STAFF COSTS Organist Verger Parish administrator Cleaners Other staff costs |
10,618 3,388 13,272 1,674 69 |
6 10,858 9,102 16,357 1,669 123 |
|||||
| 29,021 | 38,109 | |||||||
| The average no of employees |
was as | follows: | ||||||
| Organists | ||||||||
| Vergers | ||||||||
| Parish administrator | ||||||||
| Cleaner | ||||||||
| 12 |
| OT | ES TO THE ACCOUNTS FOR THE YEAR | ENDED 31 DE | CEMBER 202 | 1 | |
|---|---|---|---|---|---|
| 5. | TANGIBLE FIXEDASSETS | Freehold | Office | Other | |
| Property | Equipment | Equipment | Total | ||
| Cost | |||||
| At 1 January 2021 | 504,950 | 13,134 | 22,054 | 540,138 | |
| Written off |
(12,313) | (12,313) | |||
| Additions | 8,200 | 8,200 | |||
| At 31 December 2021 | 504,950 | 821 | 30,254 | 536,025 | |
| Depreciation | |||||
| At 1 January 2021 | 30,000 | 12,806 | 8,355 | 51,161 | |
| Written off |
(12,314) | (12,314) | |||
| Charge for the year | 2,000 | 165 | 1,103 | 3,268 | |
| At 31 December 2021 | 32,000 | 657 | 9,458 | 42,115 | |
| Net book value at 1 January 2021 | 474,950 | 328 | 13,699 | 488,977 | |
| Net book value at 31 December 2021 | 472,950 | 164 | 20,796 | 493,910 |
| 6. | INVESTMENTS | Unrestricted | Restricted | Endowment | Total | Total | ||
| funds | funds | Funds | 2021 | 2020 | ||||
| f | 8 | 8 | 6 | |||||
| CBF Investment | Fund | 9,818 | 133,663 | 158,697 | 302,178 | 232,175 | ||
| CBFFixed Interest Ssecurities | 66,807 | 4,065 | 70,872 | 75,582 | ||||
| CBFGlobal Equity Income Fund | 103,627 | 103,627 | 89,111 | |||||
| CBF Property Fund |
35,617 | 35,617 | 30,688 | |||||
| CBF UK Equity | income Fund | 30,632 | 30,632 | |||||
| COIF Investment | Fund | 43,682 | 43,682 | 38,310 | ||||
| Scottish Widows | UK Growth | Fund | 6,936 | |||||
| 246,500 | 137,729 | 202,379 | 586,608 | 472,802 | ||||
| Unrestricted | Restricted | Endowment | Total | |||||
| Market value | funds | funds | Funds | 2021 | 2020 | |||
| F | 6 | f | 6 | |||||
| At 1 January | 248,851 | 46,835 | 177,116 | 472,802 | 439,921 | |||
| Investments purchased |
30,000 | 28,889 | 58,889 | |||||
| Investments transferred |
(52,193) | 52,193 | ||||||
| Dividends reinvested |
92 | 938 | 1,030 | 1,002 | ||||
| Surplus/(deficit) | on revaluation | 19,751 | 8,873 | 25,263 | 53,887 | 31,878 | ||
| At 31 December | 246,501 | 137,728 | 202,379 | 586,608 | 472,801 | |||
| 2021 | 2020 | |||||||
| 7. | DEBTORS | f | f | |||||
| Income tax recoverable | 21,664 | 22,392 | ||||||
| Prepayments and accrued income |
8,874 | 58,917 | ||||||
| 30,538 | 81,309 | |||||||
| 8. | CREDITORS | f | f | |||||
| Sundry creditors | and accruals | 33,552 | 97,740 |
| Brought | income | Expend- | Inv | Transfer | Carried | |||
|---|---|---|---|---|---|---|---|---|
| 9. | UNRESTRICTED | FUNDS | forward | iture | movement | forward | ||
| General funds | 508,110 | 264,560 | (261,291) | 24,767 | (19,470) | 516,677 | ||
| Designated funds |
||||||||
| St Helen's Church |
||||||||
| Archivist fund |
4,796 | 11 | 4,807 | |||||
| Babies &toddlers | fund | 3,544 | 131 | (158) | 3,516 | |||
| Hospitality fund |
1,141 | 593 | (472) | (1,000) | 262 | |||
| Strategic fund | 219,772 | 92 | 294 | 414 | 220,572 | |||
| Vicar & Wardens' | fund | 2,716 | 341 | (200) | 2,857 | |||
| Window Publisher |
504 | 20 | (11) | 513 | ||||
| St Michael's Church |
||||||||
| DJ Enock legacy | 2,822 | (2,822) | ||||||
| St Nicolas' Church | ||||||||
| Donations fund |
12,278 | (11,919) | (359) | |||||
| Mrs Margetts fund |
7,440 | (7,440) | ||||||
| Reordering Fund |
9,021 | (673) | 61 | 7,963 | 16,373 | |||
| Total unrestricted | funds | 772,145 | 265,749 | 274,638 | 25,123 | 23,197 | 765,577 | |
| 10. | RESTRICTED FUNDS | |||||||
| St Helen's Church |
||||||||
| Bell fund | 20,632 | 612 | (269) | 1,780 | - | 22,756 | ||
| Centre fabric fund | 4,135 | 175 | 855 | - | 5,164 | |||
| Church fabric fund | 49,726 | 13,014 | (5,601) | 3,229 | 22,488 | 82,855 | ||
| Church roof fund |
238 | 247 | 484 | |||||
| Clerical housing fund |
24,668 | 4 | (5,606) | 13 | 19,080 | |||
| Development fund |
280 | 2,136 | 2,416 | |||||
| Flower fund | 616 | 248 | (327) | 537 | ||||
| Lady aisle fund | 5,733 | 534 | 6,267 | |||||
| PR fund | 1,000 | (91) | 909 | |||||
| Sanctuary and choir fund |
2,225 | 592 | (312) | 2,505 | ||||
| Special music fund | 1,927 | 35 | (150) | 1,812 | ||||
| St Michael's Church |
||||||||
| Fabric fund | 17,878 | 479 | (2,166) | (9,981) | 6,210 | |||
| Lent appeal | 1,238 | (1,238) | ||||||
| Roof fund | 193 | (420) | 227 | |||||
| St Nicolas' Church | ||||||||
| Altar linen fund | 2,634 | 138 | 676 | (676) | 2,772 | |||
| Bell fund | 65 | 51 | (65) | 51 | ||||
| Blacknall maintenance | 93,360 | 14,825 | (16,298) | 3,010 | - | 94,896 | ||
| Blacknall tomb repair | 743 | 743 | ||||||
| Church lands fund |
39 | 1,125 | 1,164 | |||||
| Churchyard repair |
fund | 500 | (52) | 846 | 1,295 | |||
| Congregation day |
fund | 70 | (70) | |||||
| Fabric fund | 4,234 | 200 | (2,276) | 2,158 | ||||
| Flower fund | 70 | (18) | 52 | |||||
| Historic England tower grant |
25,000 | (25,000) | ||||||
| Total restricted funds |
229,204 | 62,414 | 59,958 | 9,549 | 12,917 | 254,126 |
| Brought | Income | Inv | Transfer | Carried | ||
|---|---|---|---|---|---|---|
| 11. | ENDOWMENT FUNDS |
forward | movement | forward | ||
| St Helen's Church |
||||||
| 16/18 Ock St Proceeds | 15,500 | 15,500 | ||||
| Abingdon Oldfield Bequest |
83,184 | 83,185 | ||||
| Backhus Trust | 8,113 | 1,161 | 9,274 | |||
| Challenor Bequest |
20,364 | 2,913 | 23,278 | |||
| Church Fabric Fund |
26,162 | 3,743 | 29,905 | |||
| Church Repair Trust |
8,502 | 1,216 | 9,719 | |||
| E Hawkins Charity |
11,739 | 1,679 | 13,419 | |||
| Elderfield Trust | 266 | 38 | 304 | |||
| Hyde | 4,405 | 630 | 5,035 | |||
| N Bequest | 9,670 | 1,383 | 11,053 | |||
| PCC Trust | 7,355 | 1,052 | 8,407 | |||
| Preston Trust | 18,398 | 2,632 | 21,029 | |||
| St Michael's Church |
||||||
| Challenors & Halcombe |
7,606 | 1,105 | 8,712 | |||
| Fabric fund | 2,208 | 321 | 2,529 | |||
| Harris Trust | 5,009 | 728 | 5,737 | |||
| Roof fund | 615 | 4,232 | 4,847 | |||
| St Nicolas' Church | ||||||
| Altar Linen | 4,774 | 676 | 5,449 | |||
| Church Lands Charity |
38,310 | 5,372 | 43,682 | |||
| 271,567 | 19,217 | 10,280 | 301,064 | |||
| Unrestricted | Restricted | Endowment | Total | |||
| 12. | ANALYSIS OF ASSETS | Funds | Funds | Funds | ||
| Tangible fixed assets |
396,287 | 14,437 | 83,185 | 493,909 | ||
| Investments | 246,500 | 137,729 | 202,379 | 586,608 | ||
| Current assets | 154,626 | 103,283 | 15,500 | 273,409 | ||
| Current liabilities |
32,232 | 1,321 | 33,553 | |||
| 765,181 | 254,127 | 301,064 | 1,320,372 |
| Unrestricted | Restricted | Endowment | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | Funds | ||||
| f | ||||||
| INCOME | ||||||
| Voluntary income |
213,257 | 32,363 | 245,620 | |||
| Activities for generating | funds | 3,586 | 18,122 | 21,708 | ||
| Investment income |
10,417 | 4,923 | 15,340 | |||
| From church activities | 7,024 | 7,024 | ||||
| Other income | 4,322 | 986 | 5,308 | |||
| 238,607 | 56,394 | 295,000 | ||||
| EXPENDITURE | ||||||
| Fundraising costs |
1,257 | 1,257 | ||||
| Church activities |
277,003 | 74,922 | 351,925 | |||
| Other expenditure | 3,600 | 120 | 3,720 | |||
| 281,860 | 75,042 | 356,902 | ||||
| Net Income (Expenditure) | ||||||
| before Investment Gains |
(43,253) | (18,648) | (61,902) | |||
| Gains and losses on investment | assets | |||||
| on revaluation | 19,225 | 2,872 | 9,871 | 31,878 | ||
| Transfers between funds |
||||||
| Net movement in funds |
(24,028) | (15,776) | 9,871 | (30,022) | ||
| Total funds brought forward |
796,173 | 244,980 | 261,786 | 1,302,938 | ||
| Total funds carried forward | 772,145 | 229,204 | 271,657 | 1,272,916 |