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2020-12-31-accounts

The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham & St Nicholas, Emmbrook

Annual Report and Financial Statements for the year ended

31 December 2020

The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Index to the Annual Report and Financial Statements for the year ended

31[st] December 2020

Page
Administrative Information 3
Annual Report 5
Report of the Independent Examiner 13
Statement of Financial Activities 14
Balance Sheet 15
Notes to the Financial Statements 16

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Administrative Information

The Parish is part of the Deanery of Sonning and of the Reading Area of the Diocese of Oxford within the Church of England and is comprised of three churches governed by two separate Church Councils. The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham and St Nicholas, Emmbrook is responsible for the ministry and management of the two named churches whilst the third, Woosehill Community Church, is a Local Ecumenical Partnership with its own Church Council and is not, therefore, directly covered in this Annual Report nor in the Financial Statements that follow.

PCC Members

Ex-Officio
Clergy: Rector Rev Richard Lamey (Chairman)
Associate Priest Rev Patrick Mukholi_(until June 2020)_
Assistant Curate Rev Cara Smart_(from September 2020)_
Licensed to Officiate Rev Judi Hattaway
Rev Roy Holmes
Rev Jane Kraft
Church Wardens: Mr David Ruddock
Mr Peter Wells
Pro-Wardens (S Nicholas): Mrs Fiona Albinson
Mrs Elizabeth Gallagher
Deanery Synod representatives: Miss Geraldine Lea_(until October 2020)_
Mr David Ruddock
Mr John Sutton
Mr Peter Wells
Elected Members: Mr Llewellyn Austen
Mrs Teresa Austen
Mrs Christine Barker_(until October 2020)_
Mr Christopher Cipkin_(appointed October 2020)_
Mr Andrew Clark_(until October 2020)_
Mr Kenneth Davenport_(until October 2020)_
Mrs Susan Davenport
Mr Anthony Eggleston_(until October 2020)_
Mr Stuart Fairhead_(until October 2020)_
Mr Alan Harrison
Mr Vernon Riley
Mr Anthony Roberts
Mrs Pippa Sutton
Mrs Jean Vaughan
Co-opted Members: Mrs Rhoda Hart_(appointed October 2020 for 1 year)_
Mr Andrew Clark_(appointed October 2020 for 1 year)_

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Administrative Information (continued)

Address: St Paul’s Parish Office
Reading Road
Wokingham
RG41 1EH
Bank: Barclays Bank plc
31 Market Place
Wokingham
RG40 1AR
Independent Examiner: Deidrie Geise ACMA
21 Brookfields
West Wellow
Romsey
SO51 6GS
Charity Registration No: 1130325

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Annual Report

The Parochial Church Council (PCC) presents its Annual Report and Financial Statements for the year to 31 December 2020.

AIMS AND PURPOSES

The PCC has the responsibility of co-operating with the Incumbent in promoting in the ecclesiastical Parish, the whole mission of the church, pastoral, evangelistic, social and ecumenical. It also has responsibility for the maintenance of St. Paul's Church and churchyard and for one house that it owns in Brook Close, Wokingham.

STRUCTURE AND GOVERNANCE

The PCC has two Approved Governing Documents issued by the Church of England:

The Parochial Church Councils (Powers) Measure 1956 (as amended)

The Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 (as amended))

Composition of the PCC is fixed by resolution of the Annual General Meeting. Membership is for three years with one third elected in each year. If a member resigns for any reason before their three-year term is complete, the new member elected in that place serves the remainder of the previous member’s term only.

In 1990 the Annual Meeting resolved to elect the St. Nicholas’ Pro-Wardens (who are exofficio members of the PCC). Resolutions of 1979 and 1988 (ensuring that of the four members elected to Deanery Synod, one should be from St. Nicholas' congregation) were superseded by the 1990 resolution, which contained a similar intention.

The PCC generally meets every other month, with a Standing Committee assembling when necessary to discuss and draw up the agenda for the ensuing PCC meeting. The Standing Committee consists of the Clergy, Churchwardens, Pro-Wardens, Treasurer and Secretary; it sets the agenda for the PCC meetings and transacts business between those meetings where necessary. In addition to the Standing Committee, there are six Parish sub-committees and a brief outline of the responsibilities of each is given below.

Finance Committee : Oversees the finances of the PCC

Worship Committee : Assists the Rector in planning services, arranges special musical events and proposes changes where necessary

Mission Committee : Maintains and supports the relationship between St Paul’s and the local community, and between the church and those UK and key overseas charities that the Parish supports

St. Nicholas’ Council : Co-ordinates all matters relating to St. Nicholas’ Church

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Social Committee : Arranges church social events to which all are welcome

Youth and Children’s Committee : Ensures that the voices of children and young people are heard in the Parish, and that they are cared for and involved at the heart of the life of the church, and given the chance to grow in faith.

The PCC works to ensure that each member is fully equipped to fulfil his or her specific role.

OBJECTIVES AND ACTIVITIES

The focus of the PCC is to promote the whole mission of the church in the community, through worship, prayer and contemplation, the provision of pastoral care within the Parish, and mission and outreach work. St. Paul’s is an inclusive and welcoming community of faith, imposing no conditions on those who come through our doors, other than a willingness to be open to the love of God revealed to us in Jesus Christ. We are committed to welcoming as many people as possible to worship at our church, and involve all age groups from senior citizens, parents and young people to toddlers. We are increasingly conscious of and committed to our duty and call when it comes to Safeguarding. We have also made a commitment to set an example of good practice when it comes to Domestic Abuse.

PUBLIC BENEFIT

The trustees have paid due regard to the Charity Commission guidance on public benefit in deciding what activities the charity should undertake. Although the beliefs, tenets and practices of Christianity meet the charity law definition of religion and are capable of being advanced for the public benefit, there is no longer a presumption of public benefit for charities whose aims include advancing religion. However, the PCC of St. Paul's actively advances religion for the benefit of the public in general, and of those of the wider Parish in particular, in a variety of ways:

The encouragement and facilitation of practising Christian faith, including:

Raising awareness and understanding of Christian beliefs and practices, including:

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Missionary, outreach and pastoral work, including:

Religious communication, including:

ACHIEVEMENTS AND PERFORMANCE

Electoral Roll

At 27[th] September 2020 there were 220 parishioners registered on the Roll, a small increase on the previous year; (204 members at 14 March 2019).

Worship and Prayer

A wide range of services is offered throughout the year in order to uphold our aim of promoting the mission of the church in the community and providing spiritually uplifting worship.

Saint Paul's Church

St. Paul’s is rooted in the Catholic tradition of the Church of England and offers a variety of styles of worship from the quiet contemplation of Evensong, healing services and Benediction to worship within the Parish and family masses. In normal times, in addition to three Sunday services, morning and evening prayer are said during the week as well as one weekday mass. We have been fortunate to be able to live stream our services during the year when meeting in church was not possible. When we were able to return to in person services, we continued to offer a live stream as well.

The church has a strong musical tradition with a large choir of adults and children. We are also fortunate to have a committed and lively team of bell-ringers who ring for major masses, weddings and other special occasions as a way of announcing those services, thus giving glory to God and maintaining a great British tradition.

St. Paul’s continues to be committed to building a single community made up of people of all ages and backgrounds. This sense of unity is focused on the way we meet with God together in prayer and worship, in singing and fellowship. However, around this, we would normally run groups for different stages of life although all have been suspended due to the pandemic. The

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

monthly Welcome Club for those who are retired is a great gift to the community and vastly over-subscribed. We have two groups for pre-School Children, a Sunday School and a Youth Group. A weekly Coffee & Chat group, a fortnightly men’s lunch group, a sewing group and a group for those in their 20s and 30s have all been established. In November we also started a social group on Zoom, which also includes conversation around faith, for those aged 11 or 12, which we have called 6s and 7s because of the names of their school years.

.

At the heart of the Church of England is the Parish system – the fact that we exist to welcome all people and to be of service to the community of which we form a part. St. Paul’s is open every day for all to enter, whether it be to attend our regular services, to celebrate a wedding or a baptism, to give thanks for the life of a loved one during a funeral, or just to reflect and pray. Festivals, such as those at Christmas and Easter, attract many people to the church who would not normally attend, and these occasions especially enable us to reinforce our commitment of welcome, service and community.

Saint Nicholas’ Community Church

St. Nicholas’ Community Church is a more informal church offering worship for both the young and not-so-young. Services have been held in Emmbrook village hall when permitted and include a weekly family mass and a slightly less formal monthly ‘See! Hear! Live!' service on the first Sunday of each month. An annual Christingle service takes place with children leading prayers and readings.

The church would also normally run social and fundraising events throughout the year and come together with the congregation of St. Paul’s on Mothering Sunday.

The congregation of St. Nicholas’ Church have suspended events for 2020 due to the pandemic, although several members have continued to be involved with Partnership for Missional Church and the Mission Innovation team whose aim is to engage with residents of the new housing estate off Matthewsgreen Road.

In addition to their contribution to, and support of, Parish committees and events the members of the congregation of St Nicholas’ make a significant contribution to the life of the village of Emmbrook through their involvement in community groups such as the Townswomen’s Guild, Emmbrook Senior Citizens Tea Club, the Link Visiting Scheme, Christian Aid collections, by supporting the local schools through Chaplaincy and Governorship, and by visiting and helping those who are unable to attend church services.

Fellowship Groups

In addition to services at each church fellowship groups continue to meet regularly via Zoom throughout the whole Parish for prayer, bible study, support and worship.

ST. PAUL'S IN THE LOCAL COMMUNITY

St. Paul’s Church is an established venue for concerts hosted by local schools, choral and musical societies amongst others. These have included West Forest Sinfonia, Wokingham Choral Society, South Berkshire Singers, and Reading Symphony Orchestra, Emmbrook School, St. Paul’s (CE) Junior School and the Holt School.

Built 157 years ago by Mr John Walter III, St. Paul’s is Grade II* Listed and in need of regular attention. The Quinquennial Inspection Report has identified a number of important works

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

required to maintain the church in a sound condition, which will be carried out as soon as funds permit. The churchyard continues to be maintained by a dedicated team of parishioners with working parties meeting twice a month. During the year the local Community Payback Scheme worked with the team and have made a significant input to the management and maintenance of the churchyard, reinforcing the valuable contribution that this scheme is able to make. Mown access is now available to all parts of the churchyard and the Payback group are starting to maintain and refurbish the graves. New trees have been planted, unsightly trees removed and existing trees pruned. In addition, there is continuing progress to install accessible paths throughout the churchyard. St Paul’s Scouts have also started working in the churchyard and have installed bird feeders.

The church is open daily for private prayer and contemplation. A prayer book is kept for visitors to share their thoughts or to make requests for prayers to be said on their behalf, the large number of entries illustrating the wide variety of people who visit.

During the year the church has maintained and indeed raised its profile in the local community through its contribution to a number of local schemes and initiatives, such as the Wokingham Food Bank and leading the support of local care homes and nursing homes on behalf of Wokingham Borough Council. Additionally, services are streamed into local care and nursing homes as we are not currently able to visit them.

SCHOOLS IN CHURCH

We are delighted to welcome schools and children to St Paul's when possible. They come for special services and concerts. They come to understand more of the way Churches work and look and what happens inside them. They come to learn about Easter and about what it is to live as a Christian.

We are involved with 9 schools locally - The Holt Secondary School, Emmbrook Infants, Emmbrook Juniors, Walter Infants, Hawthorns Primary, Evendons Primary, Holme Grange School, Windmill Primary and St Paul's Juniors. Two other primary schools from further afield also use us as a place to visit and to find out more about the Christian faith and what it looks like when it is lived out. We are involved in a number of ways which vary with the school. They include taking assemblies, supporting the RE curriculum and governance. These links have continued throughout the pandemic – assemblies have been recorded every fortnight for local schools to use and classes, which could not come into the church physically, were able to do so through the creative use of technology, and asked lots of questions.

We have excellent links with these Schools which means that people from St Paul's are involved in all of them in different ways (for example as Governors, leading assemblies, reading with individual pupils) and St Paul's Church is a place of quality encounter and deepening understanding, both in the context of understanding the place of the Christian faith in British society and encouraging every one of the pupils and staff and parents who come to School events in Church to experience something of holiness and space.

PASTORAL CARE

As a result of the pandemic all groups that met socially in the past are currently suspended, although we have found new ways of supporting each other through things like Saturday at 4 which happened on Zoom and was an excellent way of coming together to learn a new skill or do an activity.

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

During 2019, a new pastoral care scheme was introduced called Tithings whereby those who wish to be involved are allocated to a group, often geographical or by common interest, which then meets three or four times per year and also provides pastoral oversight of those in the group between meetings. Around 70 members of the congregation are now actively involved in these groups. These groups have continued to meet up on Zoom.

ST. PAUL’S MUSIC TRADITION

The church has a very strong music tradition that is supported by a resident choir and visiting organists, and ably led by a professional Director of Music. During the year the choir has continued to sing for all Sunday morning masses, major festivals and for Evensong twice a month. It regularly numbers 5 children and 25 adults who work together well, and the PCC thanks all its members for their hard work, support and enthusiasm.

The year’s musical highlights once again included the choir’s contribution to our Christmas services. The pandemic significantly curtailed our ability to sing as a choir and we have been grateful to individuals and small groups who have continued to provide live and recorded music where possible.

MISSION AND OUTREACH

During 2020, over £7,265 was raised for our chosen charities: principally United Society Partners in the Gospel (USPG), The Children’s Society and Soulscape. Volunteers from the parish have continued to assist with the Foodbank and various community projects. Collection have been made of gifts for the hospital staff and care homes. The PCC of St. Paul’s continues to review ways of increasing outreach into the community and to establish additional pastoral links.

The Parish Magazine (“Spire”) has not been printed during the pandemic but a Parish Email has been established which included information on streamed services as well as articles, poems and photos with the aim of keeping everyone in touch as much as possible. This went out at least three times a week and sometimes daily through the pandemic.

FUNDRAISING

Fundraising has been severely curtailed by the pandemic and the PCC are actively looking at ways to increase this.

DEANERY SYNOD

The PCC has four lay representatives to Deanery Synod who continue to provide an important link between the Parish and the wider structure of the church. Synod met on Zoom during the year, with a recurring theme of Deanery finances and the difficulties faced by many Parishes in paying their Parish share. The adoption of the new Diocesan scheme for calculation of Parish share led to a lively debate, and eventually a decision to adopt the scheme with a 5- year transition period. The Deanery Mission Plan has continued to move forward, focusing on future levels of financial and numerical stability within the Deanery.

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

ECUMENICAL RELATIONSHIPS

Links with other local Churches are very important to St. Paul's and St. Nicholas’, both within the Anglican Deanery and with our ecumenical friends. St. Paul's and St. Nicholas’ are a member of Churches Together in Wokingham (CTW) a group of about 20 local churches whose objectives are to draw those churches into greater understanding and unity, to enable them to bear a more united witness in the community and serve it more effectively, and to give such expression to their common faith and devotion as may from time-to-time be found desirable. Participation in CTW events provides an opportunity of sharing faith and reaching out to a wider community.

In 2012 the Parish boundaries were changed to include Woosehill Community Church as a Conventional District with its own Church Council and financial independence. Woosehill is an Anglican/Methodist Local Ecumenical Partnership, and because of this our ecumenical awareness and understanding is now greater, and our relationships with other churches, especially the local Methodist Circuit, even stronger and more important.

SAFEGUARDING

Following approval by the PCC in 2012 of a new Child Protection Manual the updating and implementation of safeguarding arrangements in the Parish continued during the year. An audit, commissioned by the PCC, confirmed that child protection arrangements met the requirements of the Manual and were being effectively implemented. In May 2020, the PCC reviewed its Safeguarding Policy which was agreed and signed and displayed in our buildings.

Safeguarding Team : safeguarding of children, young people and vulnerable adults is a fundamental part of the life of the Parish. We cannot be the Church unless everyone is safe and protected. Our Safeguarding Team works hard to ensure we follow best practice, create an environment and life which is safe for all and engages with the management of individual cases.

VOLUNTEERS

The community of St. Paul’s and St. Nicholas continues to be blessed with many volunteers and the PCC thanks all who give their time and talents so willingly. In addition, and as a part of our regular outreach into the local community, we have supported a number of local charities with both resources and volunteers, the most recent being the Wokingham Food Bank project.

We worked with other local churches to provide a Night Shelter for homeless people in Wokingham during January and February 2020.

FINANCIAL REVIEW

The Unrestricted Fund exists to pay for the day-to-day administration of the parish. Whilst overall giving within the Fund in 2020 was some 4.3% lower than in the previous year, it is

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

gratifying to note that, despite this, a surplus of £13,538 was recorded. Conversely the Restricted Funds generated a small deficit, predominantly through an increase in expenditure to restore the fabric of the church building.

Looking at parish income across all Funds, our total giving, donations, Gift Aid recoverable, fund-raising activities, parish fees and other items amounted to £165,788. During the year continuing cost controls and reduced activities led to parish expenditure falling by 9.4%. As on previous occasions the largest item of annual expenditure was the Parish Share payable to the Diocese of Oxford, which amounted £80,597, and was once again paid in full and on time.

Total parish funds at the year-end stood at £509,737, of which £157,595 was restricted and £352,142 unrestricted. The bulk of the unrestricted funds (£240,000) was represented by the house provided for the Assistant Curate.

Despite the enforced and much lower activity levels within the parish it is apposite to note that prudent management has helped to reinforce the stability of our finances. Nevertheless, steps have been taken to ensure that expenses will continue to be kept under tight control through 2021, not least accompanied by the prospect of substantial repair and restoration costs to St Paul’s Grade II* listed church.

RESERVES

The bulk of unrestricted income comes from generous donations by parishioners with the balance from Parish Fees that include, but are not restricted to, weddings and funerals. The church’s policy is to maintain unrestricted cash reserves sufficient to cover a minimum of two months’ net running costs.

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Paroehlal Chureh Coun¢ll Oft￿ Eeelp$laJtkal Parish gf St Pavj. Wokingh•m wlth St Nlchola$. Emmbrook I report to the Trustees on rny examination of tre accounts of The Parochial Church Counol ol the Ecclesiasbcal Parish of St Paul, Wokinghatn with St Nichola5, EtnmbFook, Ilhe Charity), for Ihe year endèd 31 sl D8cernber 2020, which are s8t out on page5 14to21. R•spMslbHtths and Basls ot Rèport As the charity's Trustees you a￿ responsible for the preparab.on of the accounts in accordance with the reouir8m8nts tsf Ihe Chanties Act 2011 Ilhe Act). I report in rtspect of my exarninath.on ol Ihe Charitys accounts carried out uNder Section 145 of the 2011 Act and irTr carrying out fTly 8xaminats.on I hav8 followed 811 the appliGgble Directions given by the Charity Cornmission under see￿on 14515llbl of the Act Indep8ndent Examln•r's Stat•m•nt I have complet8d rny 8xaminatiori. I corifirn Ihat no material matter5 have corne to rny attenkn'on in connection wilh the exarnillation giving me cause to believe that in any material respect.. accounb.ng records We￿ not kept In respect of the Charity as required by se¢ton 130 of the A¢t.' or 2. tre accounts do not accofd with those recoid5," (>r 3. tre acctsunts do not cornply with the applicable requirements conceming the form and coritent of accounts set oul in the Ch8nties (Accounts and Reports) Regulat'ons 2008 other than any requirement thatthe accounts give a'true and lairf wew wttich is not a matter considered as part of an Independent examinatson. I have no concerns and have come across no other matters in corillection wilh the examinalon to whi¢h attenbon should be drawn in Ihis report in order to enable 8 proper understandirig of the accounts to be reached. Deidrie Geise ACMA 21 Brookfields West Wellow RoTnsey S051 6GS 27th May 2021

Th• PWochI￿ Church Councll of th• E¢¢l••l••tlcal P•rt•h of St P•ul, Woklnqh•m wlth St Nlcholm. Ernmbrook Statement of Financial Activities FuThl 2020 2•1• Incomhw Re•ow¢ In￿mIng and Endowm•nts Imm: Don8lKms 8nd frorn chartstAe actThith8 Othgr tr8dry Investments 3(4) Ibl 3(¢1 id) 136,445 12,391 1.525 8.753 3.080 139.525 12.571 4.246 9,306 140 212,390 20,156 7,984 7,636 180 2,721 553 140 Tot•lln¢ome 159.114 6.874 105.7 248.340 R•sour¢•$ Exwndod Expobxlllur• on: R8B¥VJ Charrtabk 8ciNrf Otsr expendtiure 44) ib) Icl 20 144,750 806 1.170 7,025 1.190 151,775 06 1,393 163,661 964 Totslresour¢es expended 145.576 8.195 153.771 188,018 Il•tlncomrfoXPondlturn) b•trg fu transfers 13,538 12,017 82,328 TraMfer8 b•tM•n ft￿dI 13.538 11.5211 12,017 82.328 Tolal lund• brougm ftyward 1 January 2020 . 338.604 159.116 497,720 415.392 Totalfimds carrl8dfonvard31 DOC￿nb￿r 2020 £ 352.142 157.595 £ $09.737 £ 497.720 The not88 on p8968 16.21 forn p8rt of 8¢fxJunt• -14-

Th• Parochlal Church Councll of th• ECC1￿•￿t￿lI Pwllh ol St Paul, Woklngham wlth St Nl¢hola•. Emmtsrnok Balance Sheet Fw 202Q 2Q19 Flxed Ass•ts T•nglbt• w•ts 241,892 5,527 247A19 248,291 rot•l fthod a￿•t8 241.892 5.527 247 419 248.291 Cwr•nt A••ts Dobtors and Short t•rm d•po•lt• Calh at bank •nd In hand 3,5Q7 06,375 42.663 112.$45 3.507 210.729 6.451 164,904 144.354 8,870 153.224 Totsl ¢unMt •8s•ts 215,769 252,448 cr8d1t￿5 and accrualB 2.295 1.156 3A51 3.019 N•t cunMt •ss•trfll•bllltl•¥) 110.250 152.068 212Jl1 249.429 Tot•l•M•ls cunMtll•bHItI• 352.142 157.5•S 509,737 497.720 Crndltorn.. amount• falllno du• •ft•r on• y•ar NEfASSETS 352,142 157,595 $09.737 497,720 ParlBh FundB Unr••trkt•d Fund . G•n•ral R••lth¢t•d Fund• 10 10 3S2.142 157.595 338.604 159,116 TOTAL FUIIOS £ 509.737 £ 497.720 •wo¥•d by *• PCC 4)n 24th lkny 2021 slgD•d on th•lr ts1￿11 p)L P•v Rthord Lolyey Aust8n The notes on p8g88 1641 forn p8rt oflhesa a￿unts -15-

Th• Par￿h*al Church Councll of the Ecct8sia¥tlcal Parish of St Paul, Woklngham with St NlcholaB, Emmbrook For the year ended 31 December 2020 1. ACCOUNTING POLICIES The finanThal statements have been prepared in acLordance with the Charihes SORP Istalemenl ol Recommanded Practicè) FRS102. The finanryal statements have been prepared under the historical cost convention ex￿pt for Ihe valuation ol Investrnent assets, which a￿ shown at market valuè. Funds Gengral funds represent the funds ol the PCC that are not subject to any restrictions regarding their use and are available for application forthe general pu￿OSe$ of the PCC. Funds that may be designated ftsr 8 parb"eular Pufpose by the PCC are also unrestricted. Restricted ￿ndS are those funds Ihal must be spent on restricted purpos85 and detsils ol Ihe fvnd$ held and restrictions are provided in note 10. The financial statements include all iransactions, assets and liabilitr.es for whieh the PCC Is responsible In law. They do llol indude the financial ststements ol church oroups Ihatowe their main affiliation to anolher body nor those that ale inftsrtnal gatheiings of church mernb8rs. Voluntary Income andcapltalsources Collèction5 are recogll15ed Whe￿ r8c8iV8d by or on behalf of the PCC. In¢orning resources from tsx reclaims are induded in the SOFA al the same lime as the giftto which they relate. Grants and legacies to Ihe PCC are accounted f¢r as 8otsn as tho PCC is notified of its legal entylemenl. Ihe amountdue 15 quantifiable and its ultimate receipt by the PCC is reasonably certain. Funds raised by bazaars, fètes, garden parbes and similar events are accounted for gross. Sales of book5 and magazines from the church bookslall are accounted for gross. Rèntsl incom8 from Ihe leting of church premises is recognised when rental is due. Ineome from Inve$tm•nts Dividends are accountèd for when due and payable. ano inierest gntidomtrnts are 3c¢ounted for as they accrue. Tax re¢c>verable on such income is recognised in lh8 Same 8ccounts.ng year. alns Realisèd gains or losses arg recognised wh6n inv8stments are sold. Unreallsed gains or losses are accounted for on revaluats.on ol investsnents at 31 De￿Mber.

The Parochial Church Council of the &¢leJiasti￿l Parish of St Pau5. Woklngharn wlth St M￿holaS, Emmbrook 1. ACCOUNTING POLICIES lcontinutdl iv The diocesan parish share is accounted for when paid. Any parish share unpaid at 31 December is provided for in these financial statements as an operational Ithough not legall liability and is shown as a CTeditor in the Balance Sheet. Fixed asse Consecrated and benefi￿d property ofany kind is excluded from the accounts by s.96{2llal ofthe Charities Act 1993 Movable church lumishings held by the Vicar and Churchwardens on special Injsl for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the Church's inventory which can be inspected lal any reasonable tsmel. For inalienable propety acquired prior lo 2000 Ihere is insufficient cost infom)ation available and therefore suth assets are not valued in the financial statements. Items acquired since l January 2000 have been capitslised and depreciated in the accounts over their currenUy anticipated usefvl economic life on a straighl-line basis. All expenditure incurred in Ihe year on consecrated or bellefi￿d buildings, individual items under £1,000 or on the repair ol movable church fumishings acquired before 1 January 2000 is written off. Other fixtures frtiin and office e ui ent Individual fixtures, fiitings and office equiprnenl with a purchase price of £1,000 or less are written off when the asset 15 acquired. Assets with an individual purchase price of ov8r £1,000 and a life in excess of one year are depreciated on a stralght-line basis as lollows.. Heating system - 10 years Other fixtures, fittings and office equipment- 4 years Inve tmen Invesbments are valued al maiket value at 31 December. urr Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove un-collectsble, Short-tsm deposits include cash held on deposit either with the CBF Church of England Fund5 or al Bardays Bank.

Th• P•rOchI￿ Chu￿1 Councll ot th• E¢clMl••tl¢•l P•rl•h ¢)f St Paul, Woklngharn wlth St Nlcholas Emmbrook Notes to the Accounts Icontinuedl Not• 2 Anal￿1￿ of InMrn• R••trlcl•d Fund• Fund 2019 Donatlon$ ond Logad•• Plann•J gfvlro Inconw tax r￿arab 95,478 22.855 f,900 1,387 14.575 250 95.478 23,042 1.900 1.949 16,906 250 99,545 24.591 6,059 1,000 14.S09 66,686 187 Grants DonatK)ns, 4y08Ls. otc. L8gac 562 2.331 Tot 136.445 3.080 139.625 212.390 21bl kn¢om•from Parish m482iw s chartlabl• actEvltl•s Fegs 821 11,570 821 11.750 1.207 18,949 180 Totsl 12.391 180 12,571 20.158 21cl oth•rtTJdlng actMtb•• Fund-raksry. bazaars etc. ParBh magazN￿ ajvertspwj 588 937 2,721 3.309 937 6,558 1.428 Tot•1 1.52S 2,721 21dl In￿￿1￿0n1• R8nla¢ inccffiè DNpJ8TrJs iitèrsst 8.472 281 ,472 6,486 1,150 553 Total 8.753 553 9,306 7,636 21•1 Oth•r In¢om• Otsr wdhary kncorn• 140 140 180 Tot 140 149 180 TOTAL INCOME E 159.114 6.674 £ 165,789 £ 248,346 -18-

Th• Parochi41 Churth Coundl of th• E¢¢l••ltkl Pt1•h of 8t Paul. Woklnoham wrth tl 145chol••, Emmtsmok Notes to the Accounts Icontinuedl Not• 3 Anatysh ol Exp•ntlSturn Unr••trlctsd Fund R•trkt•d 2019 Anaty• 31•1 Rahln9 lund• BY￿ar & fvndrntsvig ry)515 1,170 1.190 1,393 Tot•1 1.170 1,190 1,393 31bl ChJfftJbl• •ctfrk•• Klgsh)nary 8nd ChaLab￿ gthg kn18try.' C￿($an patsh shar8 Wedding, lun8r81 and otherfoes Otherffinoty huft njnnhg and m•kntsanca churchya￿ upkeep Hol hv organ￿n￿8 declor Upkeop of sor￿$ Pmtinq and ststK)n¢ry Off￿8 equynnt rental Adrrin￿lTr¢We sUPPOrt tprnaat)n 7.941 7.941 7.884 80,597 6,716 5,840 15,507 221 808 9,265 3,482 2,028 1.070 11,074 201 87.375 8,900 8,791 15.809 1,949 1.332 9.485 4,813 4.993 980 8,586 2.764 8.716 5.990 19,058 496 150 3,551 275 9,265 3.787 2.028 1.070 11.074 2,915 285 2,764 Tot•1 144,750 7,025 151.775 1fj3.861 31¢) Oth•r •xp•ndbturn Gov8manc8 and da¢a prot8clJn ranery Bank L8rg88 40 392 374 40 440 392 374 Totsl 806 TOTAL RESOURCES EXPENDED £ 145.576 8.195 £ 153.771 £ 166.018 Not• 4 411 Twst•• •xp•nM• Qui•fodEèI expen$ of£4.785 r•#rt)¥tsod to 7 PGC m&rtJers I￿￿0￿1# t￿y)￿U￿9 thè yaar, (2019.. £3,785 by 9 4bl F•u lor•xarnln•tlon oraudtt of th• aw>unt• J kndep8nd&nt 8xarthèfs ftro s t8rg8d forreporthg on th9 a¢￿)Un￿,. (2019.. nll. Not• 5 ¢o•t• The PCC has no ar￿k)Ye•B. g lh6 y&8rpayThnt8 of £9,265 r8 mado to th8 Cactorof and thurch org8n15ts,' P019'. £9.4851 A p8ynnt of £11,074 8s madè to St P8ufs P81tsh Reom Trust for adM￿rat￿tr support,. (2019.. £8,5861 kt• 6 Oth•r•xp•ndl¢ur• A f88 of £40 w88 Pa￿￿ to th8 Infonyoikjn Offi¢ fordats pft)to(th)n rou￿r91￿n., P019". £401. Leo8 01 £392.'12019.. £440l**r8 p8hJ lo Sonnkng Dgan&ry. -19-

Th• ParoEhknl Church¢ow￿l (tr• e¢¢k••l••￿¢￿I P•rl•h (rfst Pmul, Wokwwm TAIth St Nkhokn. Emmtrwk Note5 to the Acc¢)unts Icontinuedl Ilot• 7 Tknilblflx•d •H•t• Colt orvltsatbDll Fr••lKld land TJl•l lknirlctyd and •q4prn•rt and Total 240.L e.943 2.093 246,943 2.093 33.1T7 280.120 2,093 240.15>) 9.036 249,038 33,177 212313 0.943 6.943 201 24.886 2.764 31.829 2.965 7,144 27,650 34.7•4 M•1 bogkvalu• 240,000 240.000 8.29t 240.000 1,192 241.892 5.527 The frnehobj knnd buthlkng• (wrkn• the houm •113 8ffJok Cb), b>kkngh•ThL Th• the h•J on In￿1 fortha ￿n￿￿ofth• PCC by TnJstee5 (Oxt0￿) Lld. Ao pth ofth ryto pD)Yil0 acconrfjO8lbJn forcknT9y tt kn not w¥ an l&)t•8 D•b¢orn pr•p•ym￿t 90 3.417 90 3.417 8.361 507 Mot• 9 ¢rwlhor¥4nd K6rua 202• 552 1.743 552 2.899 To1

Th• Paroehlal ch￿￿h Councll of th• EcdMl••tl￿l Part•h of 8t Paul, Woklngham wlth St Nlchola•. Emrnbroo Notes to the Accounts Icontinuedl N¢)ts 10 8larK• at 1•tJanuary 2020 B•l•nc• it 31st D•c•mb•Y In¢<￿INj R•s)W¢•# Exp•nd•d 2020 UDr••trktgd Fund• Gewal 338,604 159,114 1145,5761 352.142 £ 338,604 159,114 14S,576 352.142 R•8trkted Fund• R6storats)n LuhtirrtJ Lucky Numbers 55.786 70.190 20,069 3,328 3,352 151 2.958 998 1.258 2,529 140 266 15,3601 51,424 71.448 21.428 3.289 3,343 11,1701 11791 12751 151 11501 (6251 1551 Churchyard St Paufs Lew Ordinand Organ TIJJd￿r GfOJP F¢￿tstepS Group St Paufs MUSK aThY CI*) St Nrhobs Mus St Nthoks D•v•L¥xn8nt 2,808 372 41 483 461 2.087 997 96 483 63 2,058 582 455 1571 22 11731 159.116 6.874 .195 157,595 Totd Fund¥ 497,720 165,788 153,771 £ 509,737 o••s of R•strfct•d Fund• Re8toratK rre irs to fabrr ol St Paufs excl￿18$ rwtsn8 matharKe work¥ to I. hti withn St Paufs church Estsbtshad to rak%8 rn for r8si(x8tL¥i ur Maint8nance of the bells and raktad it8ms Maintenance and ovement of St Paulg church ard H￿tOr￿ fvnd set cw io St P8ufs church F(x tho SU rt of 8n Ordfft8fKI For tha rostorat￿ ofttw church or church work with SC￿ chhJren rt for th8 church outh rou Tosu rt thè must trao￿on bvthin St Paufs Church To mantsin and enhance the ua ol musr at St NKholas Church F￿the toral dev nt ol St N￿h&aS church Luck Numt Church ard St Paufs L OrdinarK1 Or an Toddkn Gr Footstèps Group St Paufs MUS￿ and crb StNrhobs Musr st NrlK)bs Dev -21-