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2021-12-31-accounts

THE UNITED BENEFICE FARNHAM ROYAL WITH HEDGERLEY

THE PARISH OF FARNHAM ROYAL

Registered Charity No 11 29867

Annual Report of the Parochial Church Council and Financial Statements for the year ended 31[st ] December 2021

Parochial Church Council Annual Report

  1. Aims and Purposes
1. Aims and Purposes Page 1
2. Objectives and Activities Page 1
3. Attendance at Services 2021 Page 2
4a. Worship, Mission and Ministry Page 3
4b. Mission Action Plan Page 4
5. Safeguarding Report Page 5
6. St Mary’s Farnham Royal C of E Primary School Page 5
7. St Mary’s Church, Farnham Royal Page 6
8. St John’s Church, Farnham Common Page 7
9. The Farnhams’ Magazine Report for 2021-22 Page 8
10. Benefice Buzz Report Page 9
11. Deanery Synod Report Page 9
12. The Brian Jubb Hall Page 10
13. Progress and Objectives for 2021 Page 11
14. Objectives for 2022 Page 12
15. Financial Review Page 13
16. Risks and Reserves Policy Page 14
17. Reserve Policy Page 15
18. Reference and Administrative Information Page 16-17

Independent Examiner’s Report

Page 18

Financial Statements

  1. Accounting Policies

  2. Accounting Policies Page 19-21 2. Balance Sheet Page 22 3. Notes to the Balance Sheet Page 23-24 4. 3.1Statement of Financial Activities (SOFA) Page 25 5. 3.2 Notes to SOFA Page 26-27 6. 4. Investments Page 28

The United Benefice of Farnham Royal with Hedgerley

THE PARISH OF FARNHAM ROYAL

Trustees’ Annual report and financial Statements for the year ended 31[st ] December 2021

1. Aims and Purposes

Background

The parish of Farnham Royal is part of the United Benefice of Farnham Royal with Hedgerley. Under the leadership of its new incumbent, the Rev’d Chloe Willson-Thomas, the parish belongs to a group ministry consisting of the United Benefice of Farnham Royal with Hedgerley, along with the parishes of Stoke Poges, Manor Park with Whitby Rd., Britwell and St. Paul’s Slough. The parish is part of the Burnham and Slough

Deanery, within the Archdeaconry of Buckinghamshire, which is part of the Diocese of Oxford. The office Address is the Benefice Office, St. John’s Church, Victoria Rd., Farnham Common, Bucks. SL2 3NJ. Tel. 01753 644130. The parish also has an associate priest, the Rev’d Jan Clark.

The Benefice website is www.farnhamroyalchurches.org.uk and the benefice Facebook page is www.facebook.com/ubfarnhamroyalwithhedgerley.

The Farnham Royal Parochial Church Council is responsible for co-operating with its clergy in promoting the mission and ministry of the churches of St. Mary the Virgin at Farnham Royal, and St. John the Evangelist at Farnham Common. In addition, it is also responsible for the maintenance and care of the two churches and the Brian Jubb Hall at Farnham Common. The Parish of Hedgerley, although part of the United Benefice, is managed by its own Parochial Church Council.

2. Objectives and Activities

1). The objectives of the PCC are defined by the PCC Powers measure 1956 as “to cooperate with the Rector in promoting in the parish the whole mission and ministry of the Church—pastoral, evangelistic, social and ecumenical.

2). As a church family and as individuals, Farnham Royal churches aim to offer worship which is worthy of God. Through worship, prayer and study of Scripture, we seek to know God better, to be conformed to his purposes for our lives, and to be transformed by his Word. In partnership with other Christians in the area, we wish to make his love known to all people within the local community, and further afield.

Our churches rely on the voluntary work of a large number of people, and the PCC wish to acknowledge and record their gratitude and appreciation for all the hard work and service that is put in to keeping the churches running.

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Public Benefit

When planning our activities for the year, the PCC considered the Charity Commission’s guidance on public benefit and the specific guidance on charities for the advancement of religion. [Charities Act 2011] These activities include:

3. Attendance at Services---2021

St. Mary’s Farnham Royal

The Electoral roll---as presented to the 2021 APCM is 51

Baptisms 1

Weddings 0 Funerals 1 (Crematorium 1)

Ashes 6

Worshippers on Easter day—12 children and 28 adults

St. John’s

Electoral roll—2021---54

Baptisms 0 Weddings 0 Funerals 0

Worshippers on Easter Day 41 adults

Christmas Eve Crib Service 50 worshippers.

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4a). Worship, Mission and Ministry:

For much of the first part of 2021, worship was held on Zoom for the three churches. There was an average attendance of 58 between the churches each Sunday. We did manage to have an in-person service on Easter Day 2021. We went back into the churches on Pentecost Sunday with strict Covid measures in place. We retained our online provision of Morning Prayer on a Tuesday, and a Bible study group on Zoom on a Monday night. Our 10am Wednesday morning Communion resumed, although without the fellowship afterwards at Costa coffee.

We were able to organise a tea party and quiz at the end of June, held outside, which was a welcome opportunity to meet with others once again.

During September 2021, Rev’d Chloe was able to get back into the school at long last to do Assemblies and get to know the staff and pupils. Despite continuing evidence of cases in the school, the links between church and school have now been restored.

In May 2021, unfortunately our Administrator and organist, Debbie Langham resigned, leaving Rev’d Chloe to keep the basic administrative tasks, such as orders of services, newsletter, website, posters, registers, supplies for services, etc. running.

Unfortunately, in September, Rev’d Jan announced that she was taking an extended Sabbatical, which left a significant gap in terms of cover for services. We have had much valuable help to fill this from Richard Rooley, Andrew Moore, and Liz Glover. We are very grateful to them all.

During the autumn, due to the lack of an organist for all three churches, we began to experiment with pre-recorded hymn accompaniments played on Bluetooth, particularly at Farnham Royal, which was a great help.

During the autumn, we started to think about a Christmas Tree Festival, which was suggested by Rev’d Chloe as she had done one before. We liaised with the Parish Council, and it was decided to take this forward. The Christmas Tree Festival started on 4[th ] December and brought church and community together with Carols at the Dell and a wonderful display of trees in the church. It was a happy occasion and provided a badly needed emotional and spiritual lift for all who came and took part.

We also had a Christingle, a Carol Service and a Crib Service which were held in person.

During the early part of December, a new variant of Covid---Omicron-- reared its ugly head and began to spread very rapidly. Thankfully this happened after the start of the Christmas Tree Festival. This resulted in less attendees at our Crib Service (which is normally the best attended Service of the year), and also at Midnight Mass.

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Special services held:

Climate Change Sunday Service 5th September 2021

Harvest Service 3rd. October 2021

Service of Remembrance for loved ones 31st October 2021

Remembrance Sunday Service 14th November 2021

4b). Mission Action Plan

Using the Diocesan Vision to be Contemplative, Compassionate and Courageous, the following are the objectives we are aiming for, now that we are out of lockdown. These are ongoing.

CONTEMPLATIVE

Prayer Groups / Home groups and nurture courses should be started up when possible

A variety of worship is required to attract newcomers and younger people/families

An All-Age/interactive service takes place once a month

The Wednesday morning Costa coffee group is continuing as valuable outreach

A regular Taizé service and/or Healing Service will be started

Online Services should continue in some form

COMPASSIONATE

Pastoral Care group to continue

Ecumenical Links should be promoted

Links with school, now restored after the pandemic will continue to be strengthened

We should continue to reach out into the community through the occasional offices— promoting weddings and baptisms as much as possible.

Benefice Buzz to organise events such as Suppers/pub club/ Quiz nights.

COURAGEOUS

It is important to strengthen unity in the Benefice by coming together more. The United benefice Services are always successful.

We should continue to encourage lay ministry as much as possible

Courage is needed to embrace change---especially in worship.

New hymnbooks could be considered and introducing more variety of hymn choice.

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Our website needs to have more impact, be made more attractive, and kept constantly updated.

The possibility of installing audio visual equipment should be looked into.

Reports:

5). Safeguarding Report provided by Safeguarding Officers, Liz Glover and Preston Brooker

The Diocese of Oxford is continuing to work with all its churches to give support, advice and training to those responsible for Safeguarding within their own churches. Its aim is to create a safer church environment for everyone regardless of their background and situation. Active engagement with safeguarding training supports all those who have a role within the church to recognise and respond effectively to possible abuse and implement best safeguarding practice. Preston Brooker took over the role of safeguarding officer towards the end of 2021. The posters in the churches have been updated, and he will shortly be updating his safeguarding training. Sadly, we have no children in St. John’s church and few in St. Mary’s. However, we have a number of vulnerable adults in the two churches.

The PCC along with Preston Brooker, and Liz Glover, Churchwardens and Safeguarding Officers for St John’s and St. Mary’s respectively, have worked hard to ensure that best possible practice is carried out in both our churches. A clear and up to date statement of our policy is displayed in our churches along with clear guidance on appropriate practice, necessary action and contact details. Almost everyone who has been identified as needing training has completed their training at the correct level and received their certificates from the diocese. Preston Broker and Liz Glover are working together to ensure things continue to move forward and there is now a clear record in the form of a table with details of everyone’s training to include date & levels of training. We encourage everyone, especially the PCC, to look at the noticeboards in our two churches to ensure they are familiar with the details and know how to act should the occasion arise.

6). St. Mary’s Farnham Royal C of E Primary School. Report provided by the Rev’d Chloe

Willson-Thomas

Our church school has worked extremely hard over the past year coping with the pandemic and ensuring that the school is a safe environment for staff and pupils. Rev’d Chloe has been going into the school once a week doing assemblies just to a small number of classes in a well-ventilated school hall. The whole school is now beginning to meet for Collective Worship once a week in the hall. Recently, an inset day was held to reflect on how to go forward as a church school as Covid recedes. A Collective Worship audit was also held, which Rev’d Chloe attended, also with the Headteacher and Toby Long, our adviser for church schools. The Christian Ethos of the school was discussed and also how Collective worship could be improved by increased involvement by the children in the assemblies. Rev’d Chloe has also encouraged a greater awareness of the seasons of the church year, liturgical colours and particular saints’ days; and also encouraged a clear link between the school’s vision and values, and biblical teaching.

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The children worked on a project “Experience Easter” during the Spring term and displays were put up in the church. Since the pandemic, when it was not possible to go into the school, links are now greatly improved.

7). St Mary's Church, Farnham Royal. Report provided by Churchwardens, Liz Glover and Jerry Houdret.

Fabric.

We are pleased to report that despite Covid limitations, we have managed to maintain the Church and Churchyard in a fair, clean, and safe condition. There are still tasks to complete that are itemised in the Quinquennial report. The Parish Council carried out additional works in the churchyard including repairs to the pathway from the lych gate. We are still benefitting from the work of Tony Baker, generously given, and by organiser, Michelle Nimmo, to tidy around graves, such as overgrowth of ivy and grass, all done within the legal criteria permitted to volunteers.

Ministry & Mission.

During the period June 2021 to present, we were able to hold services back in person thanks to Rev’d Chloe, Andrew Moore, Richard Rooley & Liz Glover. We instigated a regular informal catch-up tea once a week, with Rev’d Chloe and now the other churchwardens from the Benefice to support communication and planning.

We have plans to restart Jammie Toddlers once a week, after Easter, to invite the local community to join us for coffee/tea and a chat while the children play.

Our thanks go to: Madeline Hernandez, Gordon Vipond for continuing to manage COVID precautions and acting as sides persons, keeping us all safe, providing teas, coffees and general cleaning duties and odd jobs, and Andy Roberts for maintaining the heating.

We offer our special thanks to: Terry Hawkins, our sacristan, for keeping us operating well, Doreen Gould for flowers and electoral roll, David Gould; Olive Craddock, Jessica Faul and Jean Walker, for prayers and readings, Margaret and Ron Whiting for acting as sides persons, Ros Maidment for playing the organ, and thanks also go to Robin Weathersbee for reading the lessons.

The Church Logbook, Inventory and Terrier are presented, and are up to date, as required by the Care of Churches and Ecclesiastical Jurisdiction Measure 1991. The latest inspection was with David Shields on 24/03/2022 attended by the Churchwardens with additional support from Gordon Vipond and Terry Hawkins.

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8). St. John ’s Church, Farnham Common, Report provided by Preston Brooker and Prue Neale

Preston Brooker took over as churchwarden in 2021, and also as site manager. Prunella Neale remained in post as the other churchwarden for St. John’s.

The concrete shed in the church grounds has been cleared and also made more secure. Previously it was used as a dumping area. A shed guard has been placed to make it difficult to break in. In previous years we have had two lawn mowers stolen from it.

Garden work parties have been taking place. Ivy has been cleared from many of the trees, and bushes and grass cut back. Flowers have been planted around the church grounds. Three security lights have been replaced.

The grass is cut regularly. A map of fire exits, and extinguishers will be produced. The Health and Safety policy will also be renewed. Preston Brooker will also give a domestic violence course.

The Wardens’ Service at St. James’ Church on Monday 6th October was attended by Prue Neale.

Stoke Poges Singers have performed two concerts at St. John’s Church. The first concert was in November 2021, and the most recent in April 2022. For the first concert, a second piano was needed, and Rev’d Chloe offered a piano that she wasn’t using. After the service, this piano was taken to St. Mary’s. Farnham Royal. Both pianos, one at St Johns and one now at St Mary’s, have been tuned.

At Christmas, we organised a successful Christmas Tree Festival, and plan to do more extensive one this year.

The lightening conductor has been checked, but we need to confirm if it has a surge protector.

The office alarm system was serviced on 26th October 2021, our renewal date for our contract with the firm, Templewood Security Systems Ltd, is August 2022.

Our Deanery Inspection took place on 3rd March 2022. Most things were in order. Our key holders list needs to be updated. Copies of the photos of our silver are now kept away from the church as well as in the safe, and a floor plan of the church showing fire exits has been requested. It was confirmed that our electricity provider is eco-friendly. Our next Quinquennial is due later this year.

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Thanks go to all those who help with running the church, the sidesmen and women, the readers, the intercessors, those who serve coffee after our Sunday service, our organists, those who do the flowers and those who clean the church and the brass, and all those who have worked so hard clearing and maintaining the grounds. Also, thanks go to Judith Gault who has worked hard to revitalise the Brian Jubb Hall. And last, but not least, the very loyal members of our church choir.

- 9). The Farnhams Magazine report for 2021 2022 provided by Jerry Houdret, Acting Chairman of the Management Committee

Paula Harrison, as lead editor, has continued to produce our excellent magazines assisted by additions to the team. It continues as a reliable source of advertising within the Farnham’s for shops and businesses and those wanting to market their operations in the area.These businesses rely heavily on our magazine being placed by readers’ phones or lying around the house and leading to enquiries.

In spite of the best efforts of Dan Harrison, our Advertising Manager, our advertising revenue is down due to Covid issues and other things, disrupting advertisers’ businesses. Since September 2021, this has impacted on our financial results, meaning we just covered all the 2021 costs. The level of advertising sales for the year to September 2022 and a small rise in costs, mean that we will have to draw on reserves for the September 2022 issue.

Usually, the Parish Council has supported the magazine finances in the past, but this year, because of other budgeting issues, the Council decided not to provide the £1,000 we sought. We hope they will review that decision for the year to September 2023. Without that support the magazine would have to use reserves or change its format, maybe by cutting the number of pages to reduce its weight for Post Office delivery.

With increased numbers of dwellings in the area, and new people coming in who do not know the village, our Magazine is an important method for spreading news to previous and new residents about activities in the villages, and, importantly, news about our three churches. The magazine now reaches 3,300 households and is Free of Charge to them.

Sasha Randall, our treasurer, has restructured our costs to ensure no waste, and provides the resulting accounts to the Church Treasurer, Roderick Watson, in a way he approves.

During the year Liz Glover and family have written pieces for the magazine, and Dan Harrison’s father, Peter, has amused us about moving to the Farnhams, and will write for us again. Liz Glover has joined the management committee.

My special thanks to all the volunteers who run the magazine.

Sadly, at our last meeting, Dan and Paula Harrison decided to give two years’ notice of their intention to stand down. We must now seek to find willing volunteers to take their roles in March 2024.

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10). Benefice Buzz Report, provided by Prue Neale

Due to Covid Benefice Buzz has not been able to hold many events. However, The Quiz and Tea event went ahead in June 2021 with money raised going to church funds.

A barbecue was held in the church garden on 11th September, again with proceeds going to church funds. Wine and soft drinks were supplied from Benefice Buzz stock. At Christmas, we funded mulled wine for events during the Christmas Tree Festival. As last year, we have funded flowers for Mothering Sunday.

We have not been able to host any event that raises money for ourselves, so our funds are now running low.

In 2019, we organised a Garden Party in place of our usual Fete. There was a silent auction. One item was a week’s holiday abroad. This received a bid of £350. Due to Covid, this was not able to be arranged, and the winning bidder asked for the money to be returned. On investigation, this money was wrongly placed in the Buzz account, and not in the church account, The money was therefore refunded from the Buzz account. The Buzz chair suggested that a small donation to the church would be a kind gesture, but this was denied.

A record of accounts will be made available.

Future Events: The Quiz organiser has offered to undertake another Quiz. We have the Queen’s Platinum Jubilee Celebrations to look forward to.

11). Deanery Synod Report provided by Deanery Synod Representative, Roger Gault

Deanery Synod Meetings were held on the following dates:

12th June 2021

21st September 2021

1st December 2021

25th February 2022

Over the summer of 2021, Rev’d Janet Binns joined the Deanery as interim Area Dean. Janet came from the parish of Bourne End and Hedsor and led her first Synod meeting on 21 September. It was her wish that as a church and a Deanery we should try to be warm, friendly and enthusiastic. Future Synod agendas should include an item where we share the good work that is going on in our churches.

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The schedule of annual inspections and Quinquennials started up in the later part of 2021.

The plan for a new Social Hub to be based at St George’s Church was put on hold but an Intercultural Hub based at St Paul’s Church in Slough, has now gone ahead. St Paul’s Slough has been a multicultural Church for over 10 years. The congregation is ethnically diverse, and over 70% is non-White British.

Synod proposed to give £1,000 donation to the Lighthouse project in Burnham and Langley, £500 to Langley Lighthouse and £500 to Burnham Lighthouse. This donation would be reviewed yearly.

After considerable debate, Synod agreed to adopt the 80%/120% formula based on the Cost of Ministry per Stipend figure of £60,000. Those paying less than £48,000 would increase payments by 5%, those paying between £48,000 and £60,000 would increase payments by 3%. Those paying over £60,000 would be encouraged to increase their payments by 1%, but this would be optional.

Rev’d Sue Sampson, Vicar of St Mary’s Hitcham and Deanery Mission Enabler took a Sabbatical to research Digital Congregations. In March 2022 she ran a digital roadshow, entitled, Engaging Digital Congregations, to help support Churches in the Deanery to take this forward. Rev’d Sarah Flashman briefed Synod on three “Greenhouses” that are now up and running across the Diocese in Whitney, Bicester and Aylesbury. Greenhouses provide resources through a step-by-step framework for teams to work through, with the support of others, the Loving First Cycle. Doral Hayes briefed Synod on Living in Love and Faith (LLF). The purpose of the Living in Love and Faith resources is to enable Church of England churches across the country to participate in a process of learning and praying together as part of discerning a way forward in relation to matters of identity, sexuality, relationships and marriage.

Bishop Steven’s is due to visit the Deanery on 19th July, since the visit in January had to be cancelled due to Covid. The day will be in a similar format including celebrating the Eucharist, lunch and a time of listening, prayer and reflection.

12). The Brian Jubb Hall. Report provided by the Lettings Officer, Judith Gault

The Brian Jubb Hall is a facility that is available to support both the church activities and community events within the Parish of Farnham Royal.

The PCC actively encourages use of the hall to help promote community cohesion when not being used to support the church activities.

The Hall is run on a non-deficit basis with the annual running costs coming from those who use of the hall, and any surpluses being accumulated as a reserve for funding future maintenance works.

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Mrs. Judith Gault is the lettings officer and is also responsible for the everyday administration and maintenance of the Brian Jubb Hall. She has been in post since March 2021.

Little Oaks , the Montessori nursery school uses the hall every weekday from 8.30am - 3.30pm Monday to Thursday 8.30am - 12.30pm Friday, during school term time.

In April 2021, U3A ceased using the hall on a Wednesday afternoon, which then enabled Little Oaks to add an extra 1/2 day to their timetable.

Guides, Brownies and Rainbows began holding their meetings in the hall on a Tuesday and Wednesday evening during term time, from January 2022. Rev’d Chloe gave permission for the Guides to camp in the grounds on occasions during the summer.

The Guides have worked hard to clear overgrown brambles around the car park for the benefit of all BJH users and also provide space for a storage container for their equipment. Farnham Common Community Church occasionally uses the hall at weekends.

Bookings at weekends are frequently received for children's parties, and by other groups., Maintenance for outside woodwork will begin in April 2022. Contracts for Internal repairs and painting have been placed in the last twelve months.

Covid19 restricted the number Church events in 2021, however, there has been a Tea Party during the summer of 2021 and a church Barbecue. Parishioners meet regularly for coffee after church on a Sunday. With Covid restrictions lifted more events are planned for the forthcoming year. The finances are healthy with weekly scrutiny of heating costs being maintained.

13a Progress with Objectives for 2021 (2021 objectives underlined)

a). Continue to work towards encouraging unity in the Benefice. We continue to do this, by having joint services once a month. We also have a joint church wardens’ meeting once a week now when we can discuss our worship together. There are now members of all three churches on our Christmas Tree Festival committee.

b). Continue to implement and review our Mission Action Plan. The Mission Action Plan needs to be reviewed in the light of a post-Covid Church. Covid has meant that much has changed, and we can’t go back to exactly what we were doing before.

c). Aim for more variety of worship and reach out to families and younger people with livelier worship. Hold more informal services. Learn a variety of newer and more modern hymns. There is now a regular All-Age service taking place, and Rev’d Chloe is keen to get members of the congregation to come together and work on these services. She introduces new hymns from time to time, but this is not straight forward as many of the newer hymns

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she knows are not in the present hymnbook.

d). Stress the importance of the “contemplative” side of our church life. Hold nurture courses, and bible study groups in order to encourage an interest in the study of scripture, and prayer groups to help people with their prayer life. There is a successful bible study group running which has recently started to explore the readings for each Sunday. This is a very useful exercise. Rev’d Chloe hopes to experiment in the coming months with Healing services, Celtic Spirituality, Christian Mindfulness, and more interactive services on Sunday.

e). Foster links with St. Mary’s Farnham Royal School Links have improved with the school since Covid has receded. The children have been working at an Experience Easter project, the displays of which are to be placed in the church for the Easter weekend. Rev’d Chloe goes into the school once a week. She has suggested that we start Open the Book at the school, if we have enough interested volunteers.

f). Start up a Messy Church , and work at making our All-Age services as accessible as possible to newcomers. There are plans to re-start Jammie Toddlers at St. Mary’s. There have been some fun activities taking place there during the All-Age Services which have attracted children.

g). Continue to nurture and encourage lay ministry. We now have two people working towards the authorised preacher’s certificate. Both have led and preached successfully at services.

h). Improve our website, and keep it updated. This has been put on hold as we searched for a new administrator. Rev’d Chloe, however, has been keeping the present website updated where necessary. The whole thing, however, needs a revamp. It is unsure as to how many of the Congregation actually view the website.

i). Continue with an online presence. We have an online presence, but this could be developed further.

j). Continue to investigate the possibility of installing AV equipment in our churches. This needs to be investigated as a necessity. However, we are short of volunteers with the necessary knowledge.

k). Look into ways of reaching out more into the community. Our links with other churches are good, but we could do more in the community.

l). Start fundraising once again and keep our financial position under constant review. We need to do more fundraising, but this requires plenty of volunteers, which we have not got. There are plans, however, for a Christmas Market to take place as part of the Christmas Tree Festival 2022.

13b) Objectives for 2022

a). Continue to work at the unity of the Benefice.

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b). Meet to review our Mission Action Plan post-Covid.

c). Experiment with fresh and innovative ways of worshipping in order to attract younger adults and families.

d). Have more interactive, bible-based services.

e). Continue to link up with St. Mary’s Farnham Royal School and foster links with other schools in the area. Explore the possibility of starting Open the Book at St. Mary’s.

f). Continue to nurture those with a calling to lay ministry

g). We have found a new Administrator beginning in May 2022. Settle her into her new role. Update equipment in the office.

h). Improve our website and engagement with social media.

i). Reach out more into the community.

j). Explore further using audio visual in the churches—i.e., the use of screens for liturgy/hymns and recorded music.

k). Become an Eco-Friendly church.

14). Financial Review. Report provided by the Treasurer, Roderick Watson

The value of the consolidated funds of the PCC at the 31 December 2021 was £924,971(2020 £815,307). The consolidated surplus for the year before unrealised gains in investment values was £13,428 (2020 £10,669)

Income of unrestricted funds, excluding designated funds was £81,600(2020 £76,961). The unrestricted funds, excluding designated funds and before unrealised investment gains, were in surplus of £8,791 (deficit 2020 of £7,385). Unrealised gains in the value of investment of unrestricted funds were £14,853 (2020 unrealised loss of value of £4,408). The total of unrestricted funds, excluding designated funds as at 31 December 2021 was £183,271 (2020 £159,628). Designated funds being the Farnhams’ Magazine and Brian Jubb Church Hall showed a surplus of £4,294 (2020 was a deficit of £1,432) Investment income allocated to unrestricted funds was £23,885 (2020 £23,536).

St Johns Church and associated funds made a surplus of £773 (2020 surplus £778) St Mary’s Church, Farnham Royal incurred a deficit of £10,665 (2020 deficit of 14,918) The PCC has approved a transfer to St Mary’s of £10,800 (2020 transfer of £15,000) from the PCC General Fund. This balance carried covers the deficit on the St Mary’s general account.

The Farnhams’ Magazine

The Farnhams’ parish magazine made a profit of £483(2020 £814).

The Brian Jubb Hall incurred a surplus in 2021 of £3,811(2020 deficit of £2,246)

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Investments and Cash

The market value of investments of all 2021 funds at the 31 December 2021 increased to £779,750 (£683,515), an increase of 14%

Cash in bank at the end of 2021 was£146,953 (2020 £137,295). Attracted by the generous bounty offered, we switched banks from NatWest to Metro bank in 2021.

15a). Risks and Reserves Policy. Report provided by Roderick Watson

The Covid19 Virus

We write this in May 2022.Our churches are finally open for weekly worship and for meetings. The risks form Covid19 and its variants are still with us, but the current strain of the virus appears to be less of a threat. However, there has been a noticeable drop in church attendance and consequently a reduction in open plate collections, whereas planned giving has been maintained at close to pre-Covid levels.

Investment income has held up well. However, the larger fund-raising events and the structure for managing such events have been a casualty, of Covid.

Despite disruptions, the Brian Jubb Hall’s rental income has held up well, due at least in part to a much closer control of electricity usage and more vigorous management.

Parish Share

St Mary’s Church continues to operate at a substantial deficit, and so requires

a subsidy from the PCC general fund. In the circumstances it was felt necessary

to trim our parish share contribution in 2021 to £52,000(£56,000 in 2020).

With the £20,000 contributed from St Mary’s Hedgerley it makes a total of

£72,000 contributed by the United Benefice of Farnham Royal with Hedgerley.

We are told by the Deanery that the average annual cost of ministry is £60,000 and so our United Benefice continues to make a worthwhile contribution to other parishes within the Burnham and Slough Deanery

Operational Risks

We maintain a risk register which is reviewed annually. Despite this disciplined approach to assessing risk, it is not always possible to plan for every risk that might materialise. For example, we did not have the Covid 19 pandemic on our risk register. We did not anticipate the effects of fuel price increases due to the war in Ukraine aggravated by a post Covid surge in world fuel requirements. However, the decline in attendance is the main threat to the long-term viability of our churches., We remain very conscious that there is a dearth of young adults and children in the congregations. Covid19 has meant plans for a children’s church and youth centered activities were not

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developed. On a more positive note, the expanding Farnham's Girl Guide movement is now based in the Brian Jubb Hall. 15b}. Reserve Policy It is the PCU5 policy to review the amount and purpose of all funds to ensure that they are at an appropriate level for their stated purposes. Reserves are reviewed to ensure that they are adequate to meet all likely residual risks associated with the operation of the two churches, including the maintenance for the fabric. At the end of the year the unrestricted reserve stood at just under £183,27212020 £159,628). We consider that the level of unrestricted reserves remains adequate provided we continue to take steps to bring our costs into line with our income. Signed on behalf of the PCC Date- 18....;'Ilh.l.. JCJI Rev'd Chloe Willson-Thomas

16). Reference and Administrative Information

Membership of the Parochial Church Council

The PCC was registered as a charity under the provisions of the Charity Act 2006 with the Charity Commission, from March 2009. The trustees, members of the PCC for 2021-22, were as follows:

Clergy: Rev’d Chloe Willson-Thomas*(Inducted
5/3/2020) Chair of PCC
The Rev’d Jan Clark* [ex officio]
Churchwardens [ex officio]: Mr. Preston Brooker (from
22/6/2021)
Mrs. Prue Neale* (from 21/5/2018)
Mrs. Elizabeth Glover* (from
09/04/2019)
Mr. Jerry Houdret* (from 09/04/2019)
Deanery Synod Representatives: Mr. Roger Gault Elected 2019 (3-year
term)
Mrs. Marian Fisher* (elected 9.4.19)
2 Vacancies at St. Mary’s Church
Elected Members Mrs. Madeline Hernandez
Mrs. Jean Walker
Mr. Preston Brooker
Mr. David Manley
Mrs. Christine Leister-Crow
Mr. Jason Bounds (Appointed
23/10/2020 resigned 13/06/2021)
Mrs. Sally Pierce (Appointed 23/10/2020)
Mr. Andy Roberts
Mr. Gordon Vipond
Mr. John Winyard
Standing Committee *Members of this committee are
indicated with an asterisk.
Other nominated officers:
PCC Treasurer Mr. Roderick Watson*
PCC Minute Taker Marian Fisher
Parish Administrator Catherine Moore
Parish Returns Officers Liz Glover and Rev’d Chloe Willson-
Thomas

16

Electoral Roll Officers Mr. Roger Gault (St John’s Church)
Mrs. Doreen Gould (St Mary’s Church)
Finance Stewards Mr. Robin Weathersbee (St Mary’s
Church)
Mr. Roger Gault (St John’s Church)
Site Officers Mr. Preston Brooker- (St. John’s)
Mr. Robin Weathersbee (St Mary’s
Church)
Parish Health & Safety Officer Mr. Preston Brooker
Lead Safeguarding Officer for parish Mr. Preston Brooker Assistant Lead
Safeguarding Officer Liz Glover (St Mary’s Church)
Nominated Persons: Mr. Preston Brooker (St John’s Church)
Mr. David Manley (St Mary’s Church)
Mrs. Madeline Hernandez (St Mary’s
Church)
Mr. Terry Hawkins (St Mary’s Church)
Principal advisers to the P.C.C.:
Bankers Metro Bank,
Independent Examiner James Foskett, Director of
SKS Cansdales, Chartered Accountants,
Bourbon Court, Nightingales Corner,
Little Chalfont, Amersham,
Buckinghamshire HP7 9QS

17

Independent Examiner's Report to the Trustees of Farnham Royal PCC I report to the charity trustees on my examination of the financial statements of the charity forthe year ended 310ecember 2021 which are set out on pages 18-27 Responsibilltles and basis of report As the charitrfs trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 20111'the Act'l. report in respect of my examination of the charitls financial statements carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent Examinerfs Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act,. or the financia1 statements do not accord with those records,. or the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Financial statements and Reports) Regulations 2008 other than any requirement that the financial statements 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 connectlon with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Use of this Report This report Is made solely to the charitV'5 trustees. as a body, in accordance with the Charities Act 2011. My work has been undertaken so that I might state to the charitvs trustees those matters l am required to state to them in an independent examinerfs report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my Inde endent Exafnination. for this report, or for the opinions I have formed. es Foske Bsc Ihonsl. FCA, DChA Cansdales Business Advisers Limited Bourbon Court Nightingales Corner Little Chalfont 8ucks HP7 9QS Date- Ic MAY llcai.

Registered Charity No 1129867

Financial Statements for the year ended 31 December 2021

1 ACCOUNTING POLICIES

a) Basis of preparation and assessment of going concern

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value except for church properties and investment assets, which are shown at fair value (see 1)

The financial statements have been prepared to give a true and fair view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a "true and fair view" This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland (FRS102) as amended by the Update Bulletin 1 for accounting period beginning on or after 1 January 2019.

The financial statements are prepared in accordance with the Charities Act 2011. Farnham Royal Parochial Church Council constitutes a public benefit entity as defined by FRS 102. The Trustees consider that there are no material uncertainties about the Farnham Royal PCC's ability to continue as a going concern. With respect to the next reporting period, 2022 the most significant area of uncertainty that affects the PCC

is the volatility in value of investments held as a permanent endowment and the associated income. The financial statements for 2021 have been prepared on an accrual accounting basis and there has been no change to the basis of accounting.

b) Consecrated land, buildings and movable church furnishings.

Consecrated and beneficed property of any kind is excluded from the financial statements by s.96(2)(a) of the Charities Act 2011. Movable church furnishings held by the Rector and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted for as heritage property unless consecrated. They are listed in the churches' inventory which can be inspected at any reasonable time.

All expenditure incurred in the year on consecrated or benefice buildings, individual items under £1,500 or on the repair of movable church furnishings is written off in the year that the expenditure is incurred. Other land and buildings owned by the PCC are shown on a valuation basis in accordance with the Financial Reporting Standard 102 – i.e., full valuation every 5 years.

c) other property, fixtures, fittings & office equipment

Equipment used within the church premises is depreciated on a straight-line basis over 4 years. Individual items of equipment with a purchase price of £1,500 or less are written off when the asset is acquired

The freehold properties held by the church are not depreciated as they are maintained in good working order into perpetuity and are therefore deemed to have an indefinite economic life. Annual impairment reviews have so far confirmed that their service potential remains undiminished.

19

d) Current Assets

Amounts owing to the PCC at 31st December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable. Short-term deposits include cash held on deposit with the Metro Bank PLC

e) Funds

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC.

Funds designated for a particular purpose by the PCC are also unrestricted. Restricted Funds can only be used for the purpose for which they have been given.

Endowment Funds are permanent endowments and bequests of capital where the capital is used to generate income for either restricted or unrestricted funds.

The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the financial statements of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members and other parishioners such as the Benefice Buzz group.

f) Income

Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when received.

Income tax recoverable on gift aid donations is recognised in the year that donations are received. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is probable.

Funds raised by a fete, garden party or similar events is normally accounted for gross.

g) Other ordinary income

Rental income from the letting of church premises is recognised when the rental is due.

h) Income from investments

Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognised in the same accounting year as the income to which it relates.

i) Gains and losses on investments

Investments are valued at fair value at 31st December

Realised gains or losses are recognised when investments are sold.

Unrealised gains or losses are accounted for on revaluation of investments at 31st December. Unrestricted income can be used for running the Parish or in whatever way is agreed by the PCC. Restricted income is to be used solely for the purpose for which it was donated.

20

Endowment income is income from endowments and is then transferred to Restricted or Unrestricted Income depending on the conditions of the Endowment.

j) Expenditure

Resources used are included on an accrual’s basis inclusive of any VAT, which is not recoverable.

Grants and Donations for missionary and charitable giving are accounted for when paid over, or when awarded if that award creates a binding obligation on the PCC.

While it is the general policy of each that each church is responsible for meeting its running expenses including the payment of Diocesan and Deanery shares, Currently St Mary’s Church requires financial assistance from the PCC General fund. Ministry and Benefice Office costs are paid by the PCC largely from endowment income.

St Mary’s Church Hedgerley makes an annual contribution.

k) Activities directly relating to the work of the Church

The parish share or diocesan quota is accounted for when due. Any element of the parish shares which is provided for in these financial statements as an operational (though not a legal) liability and is shown the PCC intends to pay but is unpaid at 31st December is treated as a creditor in the balance sheet. Church management and administration costs relate solely to activities directly relating to the work of the church as grants and donations are administered by volunteers.

l) Employee Pensions

There are no pensionable employees.

m) Fund raising and publicity costs

The PCC makes appeals for funds to its members from time to time; expenditure is solely on printing and distribution.

n ) The Farnhams’ Magazine.

This publication is under the general direction of the Farnham Royal Parochial Church Council and is distributed free throughout the area with the aid of a small grant from the parish council. There is a management committee with a minority of co-opted members who are not on the electoral roll of the parishes of the United Benefice.

o) Governance costs

This represents direct expenditure on the governance of the church and is included in the accounts under Management and Administration. Most of the management is carried out without charge by volunteers.

This intangible cost is not included in the Statement of Financial Activities since there is no measurable cost to the volunteers for their service.

21

PAOCHIAL CHURCH COUNal OF FAqNTrIAM ROYNI Charlty 1129867 ICHUNCME5 OFST ROy￿AND5[jg1llThI EV￿￿El￿FARI￿4m CLIFAMONI 2.1 BALANCE SHE￿ AS AT 31st DECEMBER 2021 2020 2021 Nottr FIXED ASSETS Tangible a5yets Investment assets £683,515 £779,749.93 CURRElff ASSETS £13,003 £137,295 £150,298 D8blers and Prepay7nents ash at Bank and kn hand £14.703.79 £146.953.20 £161,656.99 NET CURRENT ASSETS 18.506 LIABILITIES.. knounls falling dL *ithln one year £16,43&08 -£16,436.D8 £815.307 £924,970.84 FUNDS.. £159,628 £30.873 £45,970 £57B,836 £815,307 Unreslrfded Dtsignaled ReslrS¢ted EndDvrnent Funds £183.271.39 5,16721 É46.312.71 £660.21g.53 £924,970.84 The Balance Sheet should be read in conjunction with the notes attached and the Financial Statements Chair: Reverend Chloe Willson-Thomas HonoraryTreasurer Roderick Watson Date I g Mt)l ac92 22

PAROCHIAL CHURCH COUNCIL OF FARNHAM ROYAL, BUCKINGHAMSHIRE

2.2. NOTES TO THE BALANCE SHEET as at 31st DECEMBER 2021

The main endowment fund has a broad charitable purpose as follows:

CCLA COIF Charities Investment Units
CBF Cof E Investment Fund Income Shares
M & G Charfund
iii
BANK ACCOUNTS
St Marys Current Account 41195711 with Metro Bank PLC
St Mary Reserve Account Closed
ST Marys Restoration Account 4785 5541
St Johns Current Account 1006 9143
PCC Current Account 8152 1219
PCC Reserve Account 4784 1672
Business Rserve (Natwest)
Magazine Deposit Account
Magazine Current Account
iv
DEBTORS AND PAYMENTS IN ADVANCE
Interest and dividends have not been accrued.
Prepayments
Tax Recoverable
Diocese
St Mary's Hedgerley -accrual of contribution to Ministry costs
Other debtors , prepayments and accruals
Total Energies (CCL and VAT recoverable)
Magazine AND Hall debtors		 2021
2020
£288,685
£252,684
296,720
259,419
194,345
171,412
£779,750
683,515
2021
2020
22,371.43
£9,044
0.00
5
541.19
431
46,819.34
33,822
33,741.89
48,182
34,000.93
34,190
192.05
0
512.95
513
8,773.42
9,927
146,953.20
£136,114
2021
2020
63
8,643.24
10,115
10.00
10
709.08
2,400
190.98
38
4,100.00
1,050.00
498
14,703.30
13,124

v INCOME IN ADVANCE, CREDITORS & ACCRUALS (Sums to be paid within one year)

Provisions for work comitted but not invoiced
Electricity Accrual
Parish Magazine
Independent Examination of 2020 and 2021
Other creditors
Diocese of Oxford ( share of fees)
Donations planned from December collections
Accrued expenses
Choir party provision ( Part of patsy Kemp bequest )
Benefice Buzz -return of donation made to St Johns Church waiting formal request		 2021
2020
£500
£500.00
2,184
£2,496.69
8,305
£10,546.87
4,200
£2,050.00
77
£1,752.57
482
£804.00
234
154
£55.00
300
£300.00
£16,436
£18,505.13

vi FUNDS ( See also Fund Analyses) Designated Funds include:

The following funds are in active use The Brian Jubb Hall Fund (D10)which is under the direct control of the PCC through a management committee.. The "Farnhams" Magazine fund ( D9) holds the workin capital a publication under the general direction of the PCC with a grant from the Parish Council. The management costs of amajority of PCC members and co-opted minority from the wider community.

Restricted Funds are shown detailed in the attached Financial Statements: Funds with balances are described below Fund R1 receives the income from the endowment funds. Income is used for the religious and other charitable work

of the Church of England in the Ecclesiastical Parish of Farnham Royal.

The Robin Kemp Training Fund (R4) is "for enabling, encouraging and enhancing training wherever this might benefit the teachers and the taught". The Mission Fund (R7) is "to encourage interest in and to support mission".

The St Johns Church Organ Fund (R6) to provide for expenses related to the St Johns Church organ

The Stanley Bedwell Legacy Fund (R 8)was established for "the ministry and mission of the Parish of Farnham Royal"

St Mary's Tower Appeal Fund (R12) is to resource the maintenance of the clock and tower

The St John's Fabric Fund (R13)represents funds raised specifically for the provision, maintenance and repair of the church fabric. The St Johns Rabitt Memorial Choir Fund (R14) receives income from the Rabbitt Memorial Endowment to provide choir robes ,music and any other related item.

The St John's Heating and Lighting Fund (R15) incorporating the Centenary Fund is to provide resources to improve the heating and lighting at St Johns. The St John's Sound Sytem Fund ( R18) was created following an anonymous donation to improve the St John's Church Sound system

23

The Patsy Kemp Legacy Fund ( R16 )for use by St Johns Church to be put towards something quite specific , with a defined outcome, rather than contributing to the general running costs of the Church The Jean Porter Legacy (R17) is for the use of St Johns Church.

The Douglas Campbell legacy (R19) is for the benefit of St Johns Church The Rabbitt Choir Fund (E4) investment is a permanent endowment from which the direction is: "To provide income for choir robes, music and any other related item". The Peckham Bequest (E5) is an original endowment of £20.90 which provides income towards the upkeep in good order of St Mary's FR churchyard

The remaining Endowment Funds arise from the sale of Church property within the parish. They are subject to a Charity Commission Scheme which appointed the Oxford Diocesan Board of Finance as custodian and the PCC as managers 3 funds arising from the sale of St John's House ( E1 ,E2 and E3) have been merged into one (E1) a further fund entitled 7 Rectory Close (D8 ) has been reclassified as an Endowment Fund and merged into E1

.

24

PAROCHIAL CHUCH COUNCIL OF FARNHAM ROYAL, BUKINGHAMSHIRE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
INCOME
Voluntary Inome
Tax Efficient planned giving
Other planned giving
Collections at services
All other giving and volunatry receipts,including special appeals (recurring and one off)
Gift aid recovered
Legacies received capital value
Grants (include recurring and one off)
Total voluntary income
Activities for generating fund
Gross income from fund raising activities
income from Investments
Dividends Interest,income from property
Income from Church activities
Statutory fees retained by the PCC ( weddings ,funerals etc)
Gross Income from trading ( e.g hall magazines, bookstalls)
not fund raising
other income inc. recovery of VAT and CCL incorrectly charged
Contribution towards benefice costs from Hedgerley
Natwest/Metro / Bounties
Land Rent
Benefice heating costs (contra)
Total Income in Resources
Costs of generating income
Fund raising activities( cost and payments)
Church activities
Mission giving and donations
Diocesan parish share contributions
Deanary contribution
Salaries wages and honoraria
Clergy and Warden expenses
Other minoistry expenses candeles candles wafers wine
Church expenses
EXPENDITURE
Church expenses mission and evangelism
Church running expenses
Church utility bills
Cost of trading
Sub total above expenditure
Major expenditure not capitalised
Major repairs to church buildings
Major repairs to church hall or other PCC property,including redecoration
New building work to the church, chucrh hall, clergy housing and other PCC property
Sub total of all expenditure items above
Examiners fee
For Governance costs see notes
Other payments
Total expenditure
Income
Normal expenditure
Income less normal expenditure
One off expenditure
NET INCOME & EXPENDITURE before investment gains/losses
Unrealised gains and losses
NET INCOME & EXPENDITURE AFTER investment gains/losses
Balances brought forward
Balances forward to following year		 Unrestricted
Restricted
Endowed
Total
Unrestricted
Designated
Restricted
Endowed
Total
2021 FUNDS CONSOLIDATED
2020 FUNDS CONSOLIDATED
£
£
£
£
£
£
£
£
£
26,323.00
26,323.00
32,136
0
0
0
32,136
2,164.00
2,164.00
2,164
0
0
0
2,164
2,437.79
2,437.79
1,896
0
0
0
1,896
6,409.40
109.48
6,518.88
0
0
0
0
0
8,509.02
8,509.02
8,402
0
0
0
8,402
0.00
3,000
0
0
0
3,000
990.93
990.93
0
1,625
0
0
1,625
46,834.14
109.48
0
46,943.62
47,598
1,625
0
0
49,223
973.20
0.00
0
973.20
0
0
0
0
0
47,807.34
109.48
0
47,916.82
47,598
1,625
0
0
49,223
23,884.65
343.18
24,227.83
23,536
5
331
0
23,873
0.00
1,649.42
1,649.42
1,396
0
0
0
1,396
24,922.89
24,922.89
58
21,060
0
0
21,118
4,160.00
0.38
4,160.38
1,973
0
0
0
1,973
709.08
709.08
2,400
0
0
0
2,400
5,184.00
5,184.00
839.97
839.97
562.00
562.00
61,912.01
343.56
0
62,255.57
29,363
21,066
331
0
50,760
109,719.35
453.04
0
110,172.39
76,961
22,691
331
0
99,983
0.00
0.00
0
0.00
0
0
0
0
0
234.00
234.00
474
0
0
0
474
56,035
0
0
0
56,035
52,000.00
52,000.00
459
0
0
0
459
0.00
1,849
0
0
0
1,849
2,028.33
2,028.33
2,006
0
0
0
2,006
38.38
38.38
89
0
0
0
89
54,300.71
0.00
0
54,300.71
60,913
0
0
0
60,913
79
0
0
0
79
15,142.50
15,142.50
13,473
2,265
2,184
0
17,923
8,707.54
8,707.54
8,240
4,673
0
0
12,913
15,894.83
15,894.83
0
17,184
0
0
17,184
39,744.87
0.00
0
39,744.87
21,792
24,122
2,184
0
48,098
94,045.58
0.00
0
94,045.58
82,705
24,122
2,184
0
109,011
0.00
0.00
0
0.00
0
0
0
0
0.00
0.00
0
0.00
0
0
0
0
0
0.00
0
0.00
0
0
0
0
0.00
0.00
0
0.00
0
0
0
0
0
94,045.58
0.00
0
94,045.58
82,705
24,122
2,184
0
109,011
2,150.00
2,150.00
438.74
110.00
0
548.74
1,642
0
0
0
1,642
2,588.74
110.00
0
2,698.74
1,642
0
0
0
1,642
96,634.32
110.00
0
96,744.32
84,346
24,122
2,184
0
110,652
96,744.32
109,719.35
453.04
0
110,172.39
76,961
22,691
331
0
99,983
96,634.32
110.00
0
96,744.32
84,346
24,122
2,184
0
110,652
13,085.03
343.04
0
13,428.07
-7,385
-1,432
-1,853
0
-10,669
13,085.03
343.04
0
13,428.07
-7,385
-1,432
-1,853
0
-10,669
14,852.51
81,383
96,236.00
4,408
0
0
-8,380
-3,972
27,937.54
343.04
81,383
109,664.07
-2,976
-1,432
-1,853
-8,380
-14,641
190,501.06
45,969.67
578,836
815,306.77
162,605
32,305
47,823
587,216
829,948
218,438.60
46,312.71
£660,219.53
924,970.84
159,628
30,873
45,970
578,836
815,307

25

PAROCHIAL CHURCH COUNCIL OF FARNHAM ROYAL, BUCKINGHAMSHIRE

3.3 NOTES TO STATEMENT of FINANCIAL ACTIVITIES

3.3 (a) Remuneration and Expenses of PCC members

The stipend of the Rector, is paid by the Diocese out of a fund raised by the parishes through the Parish Share system.Thr Revd Jan Clark assisted for part of the year. The expenses paid to these two members of the clergy team totalled £ 2,845 ( 2020 : £3,203).

Other members of the PCC do not receive any remuneration.

Specific small items of purchased by individuals for the two churches are reimbursed.

3.2 (b)

Donations before gift aid made by trustees (PCC members) in 2021 were £10,148 (2020: £9,651)

3.2 (c)

The lease of the Church Office copier is being renewed annually. The charge is now per copy only.

3.2 ( d)

The fee for the Independent Examiner is £1,765 before VAT (2020 £1,500) `

3.2 (e)

The PCC has no employees. The Administrator in 2021 was self employes and invoiced the PCC for hours worked

3.2 (f)

There was no capital expenditure incurred in 2021 (2020 nil)

3.4 Analysis of Funds by accounting unit
for the year ended 31 December 2021
Income
Donations including gift aid
Legacies
Grants
Income from other fund raising activities
Contribution to benefice costs from St Marys Hedgerley
Fees
Income from trading (hall lettings magazine rent)
Other income
Recovery of Climate Change levy and incorrectly charged VAT
Income from investments
Natwest/Metrobank bounty
Total Income
Expenditure
Costs of generating income
Fund raising activities( cost and payments)
Church activities
Mission giving and donations
Diocesan parish share contributions
Deanery contribution
Salaries wages and honoraria
Clergy and Warden expenses
Other ministry expenses candeles candles wafers wine
Church expenses
Church expenses mission and evangelism
Church running expenses
Church utility bills
Cost of trading
Independent examiners fee
Other payments
Prior year adjustment
Expenditure
Income less expeniture
Unrealised gaind and losses
Transfers
Income after transfers
Balances brought forward
Balances at 31 December 2021		 St Marys
St Johns
The Brian
Farnhams
PCC
Total
Church
Church
Jubb Hall
Magazine
£
£
£
£
£
£
14,500.79
31,451.90
45,952.69
0.00
0.00
0.00
0.00
0.00
615.00
375.00
0.93
990.93
148.50
824.70
973.20
709.08
709.08
1,248.00
46.00
0.00
0.00
355.42
1,649.42
875.49
8,623.00
16,264.37
25,762.86
622.00
0.38
622.38
500.00
1,400.00
2,200.00
4,100.00
10.66
343.18
23,873.99
24,227.83
2,130.00
1,500.00
42.00
1,512.00
5,184.00
19,413.44
36,187.78
11,438.00
16,681.37
26,451.80
110,172.39
0.00
0.00
0.00
0.00
0.00
0.00
234.00
234.00
23,079.21
28,920.79
0.00
0.00
0.00
52,000.00
0.00
0.00
0.00
0.00
0.00
33.33
1,995.00
2,028.33
38.38
38.38
0.00
0.00
0.00
0.00
0.00
0.00
4,130.94
3,946.39
4,333.74
303.60
2,427.83
15,142.50
2,491.85
2,420.91
3,232.78
0.00
562.00
8,707.54
0.00
0.00
0.00
15,894.83
0.00
15,894.83
2,150.00
2,150.00
127.11
60.00
361.63
548.74
0.00
0.00
29,969.33
35,415.20
7,626.52
16,198.43
7,534.84
96,744.32
-10,555.89
772.58
3,811.48
482.94
18,916.96
13,428.07
0.00
0.00
0.00
0.00
96,236.00
96,236.00
-10,556
773
3,811.48
482.94
115,152.96
109,664.07
10,800.00
-10,800.00
0.00
244.11
772.58
3,811.48
482.94
104,352.96
109,664.07
1,100.71
52,420.16
4,324.36
26,548.43
730,913.11
815,306.77
1,344.82
53,192.74
8,135.84
27,031.37
835,266.07
924,970.84

26

3.5 Movement of Funds Grouped by categories of Fund
Unrestricted
PCC General Fund
U1
PCC Reserve
U2
St Marys General Fund
U5
St Johns General Fund
U6
Designated
Parish Magazine Fund
D9
Brian Jubb Hall Fund
D10
Restricted
PCC Peckham Proceeds Fund
R1
Robin Kemp Training Fund
R4
St Johns carpark and Grounds
R5
St Johns Church Organ Fund
R6
PCC Mission Fund
R7
PCC Reverend Stanley Bedwell Legacy Fund
R8
St Marys Tower Fund
R12
St Johns Fabric Fund
R13
St Johns Proceeds of Rabbitt Fund for Choir
R14
St Johns Heating and Lighting Fund
R15
PCC Patsy Kemp Fund
R16
St Johns Jean Porter Legacy Fund
R17
St Johns Sound System Fund
R18
Douglas Campbell Legacy Fund
R19
Permanent Endowments
Amalgamated Fund
E1
Rabbitt Choir Endowment Fund
E4
Peckham Bequest Fund
E5
3.6 SUMMARY of MOVEMENT OF FUND BALANCES BY UNIT
Parochial Church Council
PCC Amalgamated Fund
E1
PCC Rabbbitt Endowment
E4
PCC Peckham Bequest
E5
PCC Reserve Fund
U2
PCC Income from Peckam Endowments
R1
PCC General Fund
U1
PCC The Robin Kemp Training Fund
R4
St Johns carpark and Grounds
R5
PCC Organ Fund for St Johns
R6
PCC Mission Fund
R7
PCC The Stranley Bedwell Leagacy Fund
R8
St Johns Church Farnham Common
St Johns Church General Fund
U6
St Johns Church Fabric fund
R13
St Johns Church Rabbitt Choir and Organ Proeeds Fund
R14
St John Church Heating and Lighting Fund
R15
St Johns Church Patsy Kemp Legacy
R16
St Johns Church Jean Porter Legacy
R17
St Johns Church Sound System Fund
R18
Douglas Campbell Legacy
R19
St Marys Church Farnham Royal
St Marys General Fund
U5
St Marys Church Tower Fund
R12
The Farnhams Magazine Fund
D9
The Brian Jubb Hall Fund
D10		 Balances at
January 2021
Income less
expenditure
Investment
gains/losses Transfers
Balances at
31 December
2021
£9,043.53
£18,913.45
-£10,800.00
£17,156.98
£134,747.26
£3.13
£14,852.51
£149,602.90
£348.74 -£10,665.37
£10,800.00
£483.37
£15,488.74
£539.40
£16,028.14
£159,628.27
£8,790.61
£14,852.51
£0.00 £183,271.39
£26,548.43
£482.94
£27,031.37
£4,324.36
£3,811.48
£8,135.84
£30,872.79
£4,294.42
£0.00
£0.00
£35,167.21
£22.59
£22.59
£4,853.45
£4,853.45
£0.38
£0.38
£23.68
£23.68
£886.56
£886.56
£2,500.00
£2,500.00
£751.97
£109.48
£861.45
£4,758.72
£4,758.72
£1,106.92
£233.18
£1,340.10
£896.23
£896.23
£24,938.00
£24,938.00
£1,185.00
£1,185.00
£2,440.75
£2,440.75
£1,605.80
£1,605.80
£45,970.05
£342.66
£0.00
£0.00
£46,312.71
£0.00
£566,599.30
£79,623.25
£646,222.55
£11,807.36
£1,698.12
£13,505.48
£429.38
£62.12
£491.50
£578,836.04
£0.00
£81,383.49
£0.00 £660,219.53
£815,307.15
£13,427.69
£96,236.00
£0.00 £924,970.84
£566,599.30
£79,623.25
£646,222.55
£11,807.36
£1,698.12
£13,505.48
£429.38
£62.12
£491.50
£134,747.26
£3.13
£14,852.51
£149,602.90
£22.59
£22.59
£9,043.53
£18,913.45
-£10,800.00
£17,156.98
£4,853.45
£4,853.45
£0.38
£0.38
£23.68
£23.68
£886.56
£886.56
£2,500.00
£2,500.00
£730,913.49
£18,916.58
£96,236.00
-£10,800.00 £835,266.07
£15,488.74
£539.40
£16,028.14
£4,758.72
£4,758.72
£1,106.92
£233.18
£1,340.10
£896.23
£896.23
£24,938.00
£24,938.00
£1,185.00
£1,185.00
£2,440.75
£2,440.75
£1,605.80
£1,605.80
£52,420.16
£772.58
£0.00
£0.00
£53,192.74
£348.74 -£10,665.37
£10,800.00
£483.37
£751.97
£109.48
£861.45
£1,100.71 -£10,555.89
£0.00
£10,800.00
£1,344.82
£26,548.43
£482.94
£27,031.37
£4,324.36
£3,811.48
£8,135.84
£30,872.79
£4,294.42
£0.00
£0.00
£35,167.21
£815,307.15
£13,427.69
£96,236.00
£0.00 £924,970.84

£0.00

27

Farnham Royal Parochial Church Council

Investments Opening Balances at 1 /1/ 2021 Clos ing Balances
References Bank Account Diocese
Ref
was
Ref
Description		 Units in
Unrestricted		 Restricted
ByFund
Endowment		 Total
ByFund
£43,466.00		 Units Closing
Value @ 31/12/2021		 By
Price bid
value
Fund
31/12/202
Unrealised
Gain/Loss
0064 1000 PCC
Church Estate Charity
0024 0094 PCC
Farnham Royal PCC
1270 0134 5S
Peckham (Graveyard mait
127002941 St Johns
Rabbitt Choir Fund , St Joh
1270 0287 PCC
Farnham Royal Ecclesiasti
6787 0000 PCC
Farnham Royal Ecclesiasti
1270 0271 PCC
Formerly Sale of Rectory C
0024 0008 PCC
Formerly Sale oSt John Ho
F		 0064
1000
1T
D7
U2
CCLA COIF Charities Investment Fund Income Units
0024
0094
27CF
U4
U2
M & G Charifund
enance in perpeFARNH01
1270
0134
5S
E5
CCLA CBF C Of E Investment Fund Income Units
ns
FARNHO4
1270
0294
1S
E4
CCLA CBF C Of E Investment Fund Income Units
cal
Release of
1270
0287
4S
E1
CCLA CBF C Of E Investment Fund Income Units
cal
6787
0000
4T
E1
CCLA COIF Charities Investment Fund Income Units
lose
1270
0271
6D
D8
E1
CBF Deposit
use
FARNH01
0024
0008
33CF
E3
FARNH01 E1
M & G Charifund		 5,430
£97,610.00
515
£7,069.00
21
577
12,089
8,327
11,973		 £104,679.00
£429.00
£11,807.00
£247,182.00
£155,074.00
£164,343.00		 5,430
515
£104,679.00
£104,679.00

£429.00
£429.00
21

£11,807.00
£11,807.00
577

12,089

8,627
£566,599.00
£566,599.00
11,973		 £111,517.08

£8,014.43

£491.12

£13,505.12

£282,724.15

£177,167.89

£186,330.14		 £20.54

£15.56
119,532

491
£23.39

13,505
£23.39

£23.39

£20.54

646,222
£15.56		 £13,907.08

£945.43
14,852.51
62.12
1,698.12
35,542.15

22,093.89

21,987.14
79,623.18
CCLA COIF Charities Investment Fund Income Units
M & G Charifund
CBF C Of E Investment Fund Income Units
CBF Deposit
Church Estate Charity
Peckham (Graveyard maitenance in perpetuity)
Rabbitt Choir Fund , St Johns
Farnham Royal Ecclesiastical		 38,933
£104,679.00		 £104,679.00
£578,835.00		 £683,514.00
£683,514.00		 £39,232.94 £779,749.93 £779,749.93 £96,235.93
252,684
171,412
259,418
£683,514		 288,684.97
194,344.57
296,720.39
CCLA COIF Charities Investment Fund Income Units
M & G Charifund
CBF C Of E Investment Fund Income Units
CBF Deposit
Church Estate Charity
Peckham (Graveyard maitenance in perpetuity)
Rabbitt Choir Fund , St Johns
Farnham Royal Ecclesiastical		 779,749.93
119,531.51
491.12
13,505.12
646,222.18
779,749.93

28