The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham & St Nicholas, Emmbrook St Paul's Church Wokingham Annual Report and Financial Statements for the year ended 31 December 2021 Charity Reglstratitin No. 1130325 The Parochlal Church Coundl of the Eccleslaslk•l Partsh of St Paul. Wokln8ham wlth St Nl¢lK)la$. EmmbnK Index to the Annual Report and Financial Staternents for the year ended 316t December 2021 Page Admlnfjstrat￿e Infomatlon Annual Report Report of the Independent Examlner 13 Statement of Flnanclal Actlvltles 14 Balance Sheet 15 Notes to the Flnanclal Statements 16 The Parochlal Churth Councll of the E¢cleslastlcal Parfsh of St Paul, Woklntham wlth St Nltholas. Emmbrook Adminlstrative Infomiation The Parish is part of the Deanery of Sonnin8 and of the Reading Area of the Dlocese of Oxford wlthin the Chur¢h 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 Councll and Is not, therefore. directly CoVe￿d In thls Annual Report nor in the Flnancial Statements that follow. PCC Mombors Ex- Cler8y: Rector Assistant Curate Llcen5ed to Officiate Rev Richard Lamey Ichalrmanl Rev Cara Smart Rev Judl Hattaway Rev Roy Holmes Rev Jane Kraft Church Wardens: Mr Davld Ruddock Mr Peter Wells Pra-wardens IS Nlcholasl: Mrs Flona Alblnson Mrs Ellzabeth Galla8her Deanery Synod representatlves: Mr Pau5 Arniltage (fmm July 2021) Mr David Ruddock Mr John Sutton Mr Peter Wells Elett Me Mrs Susanna Allen (from July 2021) Mr Llewellyn Austen Mrs Teresa Austen Mr Christopher Clpkin Mr Andrew Clark (from Juty 2021) Mrs Susan Davenport Mr5 Sally Dowlln8 (from July 2021) Mr Alan Harr150n Mr Vernon Riley Mr Anthony Roberts Mrs Plppa Sutton Mrs Jean Vaughan (untiljuly 2021) Coao ted Members: Mrs Rhoda Hart foppolntedjuly 2021 fvr I yeorj Mrs Mary Ca5sldy (appointedjuly 2021 for l year) The Parochl•l Church Coundl of the Ecdeslastkal Parfsh of St Paul. Woklryham wlth St Nkhol•s. Emmbrook Admlnl•tratlvg Inforniatlon (¢OntIn￿d) Address., St Paul's Parish Office Readin8 Road Wokln8ham RG41 IEH Bank.. Barclays Bank plc 31 Market Place Wokln8ham RG40 IAR Independent Examlner: Deldrle Gelse ACMA 218rookfields West Wellow Romsey SOSI 6GS Charlty Re8lstratlon No: 113032S The Parothlal Churth Councll of the E¢cleslastlcal Parlsh of St Paul. Woklntham wlth St Nltholas, Emmbrook Annual Re ort Thé Parochlal Church Counol (PCC) presents its Annual R8port arKI Financial Statements for the year to 31 December 2021. AIMS AND PURPOSES The PCC has the re8sx>nslblllty of Cowoperatiry wlth the Incumb8nt in promotlng In the ecdeslastlcal Parish, the whole mission of the church, pastoral. evangelistic. soclal and ecumenical. It also has responslblllty for the maintenance of SL Paul's Church and churthyard and for one house that it o￿lS in Brook Close, Wokingham. STRUCTURE AND GOVERNANCE Th8 PCC ha8 iwo Approved Govemlng 00￿ments186Ued by the Church of England: The Parothlal Church Counc518 (Po￿r8) M888ure 1956 (88 amended) Th8 Church Repre8entstlon Rule8 {contsined In Schedule 3 to the SynodlrAI Gov8rnm8nt Measure 1969 las amended)) Cornposltlon of the PCC18 fixed by resolutlon of the Annual General Me8tlng. Member8hlp18 for three years wlth one thlrd elected In each year.11 a member re8lgns for any reason bef(Ke thelr three-year term Is complete, the new m￿bar elected In that place 8er4e8 the remalndar of the prevbu8 member'8 temi only. In 1990 the Annual M8etlng resolved to elect the St. Nlcholas. Pro-Warden8 (who are ex- officlo members of the PCC). Resolutlons of 1979 and 1988 (8n3udng that of the four memb8r8 elect8d to Deanery syn￿￿. one should be from St. Nlchda8' congregation) were 8up8r88d8d by the 1990 r8801uUon, whlch txntalned a slmSlar Intentlon. The PCC g8n8rally me8ts every Other month, wlth 8 Standlng Commltte8 a88embllng when n8c8888ry to dls(yJss and draw up the 8g8nda for ￿ 8n8ulng PCC moetlng. The Standlng Committee consl8ts of th8 Clergy. Churchwarden8, Provwardens, Tréa8urer and S￿tary., It sets th8 agenda for the PCC meetings and transacts bu81n888 b8tween those meetings vth8re necessary. In addition to the Standing Commlttee, there are six Parish sulH>)mmltt888 and brlef outllne of th8 r88ponslbilitles of each18 given below. W1￿h1P Commltt•o: As818ts the Rector In plannlng 88rrflces, 8rrang88 speoal musical events and proposes changes wh8r8 nec88sary Mlsslon Commltto•: M8intalns and support8 th8 r8latlon6hip belween St Paul's and th8 ILKal ¢ommunlty, and b81we8n the church and those UK and kay ov8r8888 charitie8 that the Parlsh support8 Sl. Nlchola$' Councll: c(￿OrdInateS all m8tter8 relatlng to SL Nlcholas, Church Socl•l Commltt•o: Arrang88 church s(Kial events to whkb all are welcom8 The Parochlal Church Councll of the Eccleslastlcal Parlsh of St Paul, Woklryham wlth St Nlcholas. Emmbrook Youth and Chlldren's Commltt•o'. Ensures that the volces of ¢hlldr8n and young people are heard in the Parlsh, and that they are cared for and involved at the heart of the Ilfe of the church, and given the chance to grow In faith. Th8 PCC works to ensure that each member is fvlly equlpped to fuffll hls or h8r specific role. OBJECTIVES AND ACTivrriES The focus of the PCC Is to promote the whole mlsslon of th8 church in the community, through worshlp, prayer and contemplation. the provlslon of pastoral car8 vAthln the Parish, and mission and outreach vffjrf(. St. Paul's Is an indusiv8 and welcoming communty of falth. Imposlng no condrtions on those who come through our doors, other than a willingn8SS to be open to the love of God revealed to us In Jesus Chdst. We are commltt8d to welcoming as many p8opl8 as possible to worship at our church, and involve all age groups from senlor citizens, parents and young people to toddlers. We are increaslngly consclous of and ¢ommltted to our duty and call wh8n It com8S to Saf8guarding. We have also made c<)mmttment to set an example of g¢)od pr8CtI(% when It comas to t)omesilc Abus8. PUBLIC BENEFrr Th8 trustees have pald due regard to the Charlty Commlsslon guldanc8 on publlc b8n8fft In declding what adlviile8 the charfty should undertake. Although th8 b81i8fs. tenets and practic88 of Chrlstlanlty meet the charity law definitlon of rellgion and are capable of being advanced for the wbllc benefft, there 18 no long8r a pr88umptlon of publlc b8nefit for charities whose aims Indude advanclng religlon. However. the PCC of St. Paul's actlvely advances rellglon for th8 b￿n￿t of the publlc In gèneral. and of those of the wlder Padsh In particular, In a varfety of ways.. Th• •ncourag•m•nt and facllltatlon ol practl•lng Chrl8tlan tslth. Includlng: the prov181on and malntenance of the church and the Parf8h Room8, (811 ofwhlch are open to th8 communlty at larg8) the ¢elebrallon of b8Ptisms and marriages, and the conductlng of funerals malntaining the public churchyard the saying of masses and other services open to the publlc the provision and maintenance of religK)us stalned-glass windows wSthin the church keeplng St. Paul'8 open during daytime so that all may enter to pray and refiect Ral$lng awarono88 and understandlng of Chrlstlan bollef• and practlcos, Includlng: promotlng th8 Study of Christian teaching. pradices and scriptures providing r8llgious instrudion and supèNision to 811 within the Parish, including a rangè of Unrfonned Groups from th8 area vtho com8 to vlstt the Church or have invited membèrs of the Church along to their m88tings supporting the local Primary and Secondary schools which provide education conceming Christian principles and pracuces, thus Contributing to the spiritual and moral education of children promotlng prayer, praw and study through the provision of Lent and Advent cour￿. and preparation for baptism. confimiation and marriage Th• P•rochl•l Church Councll of the Er£leslastlcal P•rfsh ol St P•ul. Woklnth•m wlth St NIchOl•￿ Emmbrook Mlsslonary. outraach and pastoral worK Indudlng: encouraglng and supporting pastoral work active participation in local 8cum8nical prqects ￿der the umtrx811a of Churches Together In Wokingham. such as th8 Woklngham F￿)d Bank, Grub Club and the Tovm Nlght Shèlter preparing ￿upleS f(Y m8rrlage visiting the sbck offering mlnisty and 8eNIc88 to local nurslng arKI care hom88 administering the sa¢ram8nts to the sick and dylng provldlng chaplaincy to Wokingham Hosplial providlng comfort to the bereaved R•llglou• communlcallon, Ineludlng: providing Chdstlan 8emK)ns, talks, and meeting8 recording of regular servlces and m88888. and the dl8trlbutlon of the same to th08e parishionern unable to 8tt8nd church pub118hlng and d18trfbutlon of "Splr8' magazlne throughout the Parfsh malntalning an actlve webslie covering all a8peds of par18h work ACHIEVEMENTS AND PERFORMANCE El•ctornl Roll At 6th June 2021 there were 216 par18h￿n8r8 regl8tered on the Roll, 8 8mall decrea86 on the pr8vlou8 year. (220 members at 27 S8Ptemb8r 2020). Wor8hlp and Pray•r A wlde range of 8eprflce818 offered throughout tha year In orderto uphdd our alm of promotlng the ml88ion of the church In the communlty and provkllng 8plrttually upllfting w<)rnhlp. S8lnt Paul's Chu St. P8uI'818 rooted In the Cathollc tradluon of the Church of England and off8r8 a varW of style8 of worshlp the qulet contemplation of Evensong, heallng servi￿ and Benedlctlon to v￿ShIp wlthln the Parfsh and f8mlly mass88. In nonnal times, In addltbn to three Sunday sepilces, moming and 8V8nlng prayer are said dudng the w88k as well as one weekday mass. We have been fortunate to be able to contlnue to Ilve 8tream our services durlng the year wh8n meetlng in church was not always possible. When were able to retum to In per8ff* 88nAc8s, we continu8 to offer a live stream BS well. The church ha8 0 8trong muslcal tradltlon wlth a large Cholr of adums and chlldren. We ar8 also fortunate to have a committed and Ilvety team of b811-rlngers who ring for major masse8. weddlng8 and other special occaslons as 8 way of announcing those $8prflce8. thus glvlng glory to God and malntaining a great Brltlsh tradltk)n. St. Paul'8 ￿ntInUeS to be commltted to bullding a siNJle o)mmunlty made up of people of aa ages and bad(ground8. This sense of unity is I0￿Sed on the way we meet wilh God together In prayer and worship. in singing and fellowshlp. However, around this, we would nOM￿llY run groups for different stsges of Iff8 although all have been susp8nd8d due to the pandemic. W8 have groups for pr8-Schod Children. a group for those in Y6 and Y7 movlng from primary to se(x)ndary education. erKI a Sund8y School. Aweokly Coffee & Ch8tgroup. a fortnightly m8n'8 The p•r0d￿lI Church Coundl of the E¢cl•slasllcal hrfsh of St Paul, Wokln8ham wlth St Nkhola$. Emmbrook lunch group. a sthng group and a group for those in their 20s and 30s have all been established. At the heart of the Church of England is the Parf8h 8yStem - the fad that W8 8Xi8t to wel(x)rne all people and to bo of servic* to the communty of ¥*thich we f￿n a part. St. Paul's Is op8n every day for all to 8nt8r, wh8th8r St be to attend our regular Servi￿$, to ¢818brat8 a wedding or a baptism. to glve thanks for th8 Ilf8 of a Iov8d one durlng a funeral. or just to ￿fie¢t and pray. F8stivaL8, such as those at Christmas and E88ter. attraci many p8opI8 to the thur(*) who would not no￿allY attend. and these o¢ca8lon8 88pedalty enable u8 to relnforce our commitment of welccyne. 8ervice and ￿)MmunIty. S8lnt Nlcho18s' Communty Church St. NSchola8' Communlty Church 18 8 more inf<)rnial church offerlng worshlp for both the young and not-scFyoung. Seprflces have been held In Emmbrook vlllag8 hall when permltted afKI Indud8 8 w88kly family m888 and a slvJhtly le88 formal monthly 'Seel Hearl Livel. service on the first Sunday of each month. An annual Chrlstlngle 88rvlc8 tskes place wlth chlldren leadlng prayer8 and readlngs. The church w(yJld 8180 nomially run 80clal and fundra181ng event8 throughout the year and come together th8 a)ngregatlon of St. Paul'8 on Motheflng Sunday. The congregatk>n of St. Nlchola8' Church hav8 8uspended events for muth of 2021 due to the pandemic. although several members have contlnued to be Involved wlth Partn8rshlp for Mlsslonal Church and the MIs8lon Innovatlon team wh08e 8lm18 to engage wlth resldents of the new houslng estste off Matthew8green Road. In addltlon to thelr contrlbutlon to, arKI 8UPPOrt of, Par18h o)mmltt888 and ev8nts the membern of the ￿ngrega￿On of St Nlcholas, make a 81gnfficant contrlbutlon to the lffe of the vlllage of Emmbrook through thelr Involvement In communlty groups Such 88 the ToWn8¥￿Men,s Guild. Emmbrook Senk)r Cltlzens Tea Club. the Llnk VtsltSng Scheme, Chrlstlan Ald collectbns, by supporting the local schools through Chaplaincy and Govemorshlp, and by visltlng and helplng th088 who are unable to attand church 8ervth8. Fellowshlp Groups In addltlon to 8ervlc88 at each church f8llow3hlp group8 contlnu8 to m88t regularly vla Zoom throughout the whole Parish for prayer. lJble study. support and worship. ST. PAUL'S IN THE LOCAL COMMUNrrY St. Paul's Church 18 an establishad venue for concerts hosted by Ioc81 stho)18. choral and musical socbeties amongst others. These have Induded W88t Forest Slnfonia. Wokingham Choral Socl8ty, South 88rk8hlre Slng8rs, 8rKJ R88dlng Symphony Orthestra, Emmbrook School. SL Paul'8 (CE) Junlor School and the Holt School. 8ullt 157 year8 ago by Mr John Wali8r111, St. Paul's Is Grade Il. Llsted and In need of regular attention. The Quinquennial In8P8Ction RepLYt has identified a number of important v￿rkS required to maintain the thurch in a sound (L)ndition. vthich will be carried cKrt as soon as funds P8miit. Th8 churchyard ￿ntinUeS to b8 maintainad by a d8dicat8d team of parishloners wlth vthing parties m88ting twlce a month. During th8 year the local Communty Payback Schem8 worked with the team and have made a Significant Input to the management and malntenanca The Parochlal Church Councll of the Ecclesl•stlcal Parfsh of St Paul. Wokln8h•m wfth St Nl¢hola$, Emmbrook of the churchyard, reinforcing the valuable ￿ntributIOn that this scheme is able to mak8. Mchvn access is now available to all parts of th8 churchyard and the Payback group are starting to malntaln and r8furbish th8 graves. New trees and hedging have been planted, unsightly tr88S r8mov8d and existing trees pruned. In addition, there is continuing progress to instsll accessible paths throughout the churchyard. St Paul's Scouts have also start8d working in the churchyard and hav8 Installed bird feeders. The church is ¢Jpen dalty for pr￿ate prayer and cont8mplation. A prayer bLK)k 18 kept for visitors to share thèlr thoughts or to make requests prayers to be saKI on thelr b8half, the large number of entrles illustratlng the wid8 variety of people who visit. During thè y8ar th8 church has malnlained and Indeed raised its proflle In the local communlty through its contribution to a number of I￿1 s¢hem8s and Initiaiiv88, 8uth as the Wokingham Food Bank and leadlng the 8UPPOrt of local care homes and nurslng homes on behalf of Woklngham Borough Council. Addltionally. servlces were streamed Snto local care and nur8lrvJ homes as we were not able to v181t them. SCHOOLS IN CHURCH We are dellghted to welcome 8choo18 and Chlldren to St Paul's when posslble. They come for SP8cial serrfices and cor)certs. They come to understsnd more of th8 way Churches work and look and what happens In8lde them. They c(Mne to learn about East8r and about what It18 to Ibve as a Christian. We ara Involved wlth 9 schools localty - The Holt Se(x)ndary School, Emmbrook Infants, Emmbrook Junlors, Walter Infants. Hawthoms Primary, Evendons Prlmary. Hdme Grange School. Wlndmlll Prtmary and St Paul's JunbrB. Two other prlmary schools from further afleld also use us as a place to vlslt and to flnd out more about the Chrf8tlan falth and what It looks Ilke when It is lived out. We are involved In a numbar of ways whlch vary wlth th8 school. They Include taking assemblies, 8UPPOrtlng the RE currfculum and gov8mance. These links have continued throughout the pandemlc- assembl188 hav8 be8n record8d every fortnight for local 8chiX)18 to use and classes. whlch could not come Into the church physlcally, were able to do so through the creative u88 of technology. and asked lots of qUes￿on8. We have excellent Ilnks wlth th888 Schools whlch mean8 that people from St Paul'8 are Involved In all of them In dlffer8nt Ways (for example as Governors. leadlng 8s8embll88, reading with individual pupils) and St Paul's Church 18 8 plac8 of qu811ty encounter and deepening understanding. both in the context of understandlng the place of th8 Christian faith In British society and encouraging every on8 of the pupils and staff and parents vtho come to School events in Church to experlence somethlng of holln888 and space. PASTORAL CARE As a result of the pandemlc all groups that met sodally In the past are currently suspended, atthough we have found new ways of supporting each other through things Ilk8 Saturday at 4 which happened on Zoom and was an excellent way of coming together to leam a new skill or do an activity. Durin9 2019, 8 new pastoral care scheme was Introduced call8d Tlthings whereby those who wlsh to b8 Involved ar8 allocated to a group. often geographi&91 or by ccmmon interest. whlch then meets three or four times per year and abo provldes pastoral oversight of those in the The Parochlal Churth CouTrcll of the Eccleslastlcal Parlsh of st Paul, Woklngham wlth St Nlchol•$. Emmbrook group between meeting8. Around 70 members of the congregation are now acti￿lY involved in th888 groups. The88 grwp8 have continued to meet up on Zoom. ST. PAUL'S MUSIC TRADITION The church has a v8ry strong muslc tradltkm) that is supported by a resident choir and v181ting organists, and ably led by a profe88k)nal Dlrector of Muslc. Durlng the year the ¢l)olr has contlnued to slng for all Sunday momlng mas868. major festlvals and for Evensong twlce a month. It regularly numbers 5 children and 25 adults who work together well. and the PCC thanks all its members for thelr hard work. support and enthusiasm. The y8af8 muslcal hlghllghts once ag8ln included the cholrfs contrlbutlon to our Chrlstma8 8ervi(x8. The pandern￿ slgnfflcantly curtalled our abilty to sing as a cholr and we hav8 b88n grateful to IndlvkJual8 and small groups who have ￿ntInUed to provlde liva and recorded muslc where po8slbl8. MISSION AND OUTREACH Durlng 2021. over £8,030 was ra188d for our chosen ch8dtle8: prlnclpally Unlted Soclety Partners In th8 Go8p81 (USPG), The Chlldren's Sod8ty and s￿l￿ape. Volunteers from the parlsh have continued to a8sl8t wlth the Foodbank and various communlty prolects. Collectlon have b8en made ot gffts for the hospital 8taff and care homes. The PCC of St. Paul'8 contlnu88 to revlew ways of Inue88lng outreach Into the communlty and to estsbllsh addllional pastoral Ilnk8. The Parlsh Magazlne ("Splre') has not been prtnted durfng the pandemlc but a Parlsh Emall has been establlshed whlch Induded Infomiatlon on streamed 8eDAce8 88 well as artlcl88, poems and phot08 wlth the alm of keeplng 8V8ryon8 In touch as much as p0881bl8. Th18 went out at least three tirnes a week and sometlmes dally through the pandemlc. FUNDRAISING Fundralslng ha8 been severely curtall8d by the pandemlc and the PCC are actlvely looklng at Way8 to Irrfxea8e th18. DEANERY SYNOD The PCC h88 four lay representatlv88 to D88nery Synod who contlnu8 to provld8 8n Imp￿tsnt link between the Parfsh and the vlider structure of th8 church. Synod met on ZLX)m durlng the year, with a recurring them8 of Daanery flnances and the dlfficulties faced by many Parishes In paying th8lr Parish shaffj. The adoption of th8 new Di0￿san scheme for calculation of Parfsh share led to a lively debat8, and eventually a decision to adopt the scheme with a 5- year transltton perlod. The Deanery Mission Plan has contlnued to move forward. fo(￿SIr￿J on future18vels of finan 15.976 6.7TI 142.148 16216 2A50 139.525 12,571 4.246 21¢ 21 75 140 140 R•¥our¢￿ Éxp•nd•d Exp•n(lltur• on: 133 158.5 1.1 lJ11 1ni.951 151.775 352.142 1$7.59S .ni 497 720 £ Xl.121 £ 153,M Th• pow• 1PAI IL¥m part o111￿• xcounts 14 The Paro¢hlil Churth Cwndl of the Ecdesl•stkal Parfsh of 5t Paul, Woklwham vAth St Mlcholas, Emmbrook Balance Sheet d Fund F￿d* 202tI Flxed Assets Tarylbl• 241.364 1763 241127 247.419 241.364 1763 121 Current Assets 4.449 .879 39,485 3.507 210.r29 51.533 Short t•mi d•poslts Cash at bank and In h•nd 144,428 11,3 i.Joi 11 13 Credtors and accru418 4,8 6.941 3.451 Iir4.VQ 351,128 Cr•dltorn: amounts hlllThJ aft•r on• y•ar PIET ASSETS Partsh Funds Unr•strlcl•d Fund . G•n•rnl R••trlct•d Fun 10 10 351.120 163.701 352.142 157. TOTAL FLWLIS Apwtyd•d by th• PCC on 21•t M•r¢h %b22 4nd •1oii•d on th•lr b•h￿rty. PJU. Mr Aw•ten The on Pa￿ 1&21 portrAthew 15 The P•nKhl•l Church Coundl ol the Ecclesl•sUcal Parf5h ot St Paul, Wok1￿￿M vAth St Nlcholas, Emmbr( Notes on the Accounts For th• y••r •nd•d 31 Oe¢•mb•r 2021 I. ACCOUNnNG pouaES The financial statements have been prepared in accordance with the Charttie5 SORP Istatement of Recommended Practlcel FRSIO2. The financlal statements have been prepared under the historical cost conventlon except for the valuatlon of Invertment assets, which are shown at market value. Funds General funds represent the funds of the PCC that are not subject to any restrlctlons regardln8 their use and are avallable for appllcatlon for the general purposes of the PCC. Funds that may be desl8nated for a partlcular purpose by the PCC are al￿ unrestricted. Restrlrted funds are those funds that must be spent on rertrlcted purposes and deta115 of the fund5 held and restrlctlons are provlded In note 10. The flnanclal statements Include all transactions, assets and Ilabllltles for whlch the PCC Is responslble In law. They do not Include the flnanclal statements of church groups that owe thelr maln afflliatlon to another body nor those that ère Informal 8atherln8s of church members. Voluntary Income ond coplta150ur¢es Collectlons are reco8nlsed when recel¥ed by or on behalf of the PCC. Incomln8 resources from tsx reclalms are Included In the SOFA at the same tlme as the 81ft to whlch they relate. Grants and le8acles to the PCC a￿ accounted for as soon as the PCC Is notlfied of Its legal entitlement, the amount due Is quantiflable and 6ts ultimate recelpt by the PCC Is reasonably certaln. Funds raised by bazaars, fètes, garden parties and slmllar events are accounted for gross. Sales of books and magazlnes from the church bookstall are accounted for 8ross. Other In Rental income from the lettln8 of church p￿M[seS Is recognlsed when the rentsl Is due. Incomefrom Investments Dividends are accounted for when due and payable. and interest entitlements are accounted for as they accrue. Tax recoverable on such irtcome Is recognised in the same accountln8 year. Reali8ad g81n8 or k>8888 are rwlsed ￿en Irwe8trnerth are 801d. Unrealisad galns or l¢wes 8rn aca)unted for on rev8lu8ti¢)n of Inveslments at 31 Decem￿r. 16 The Paroehlal Church Councll of the Eccleslastlcal Parf$h of St Paul, Woklngham wlth St Nlcholas. tmmbrook Notes on the Accounts continued ACCOUNTING POUCIES (contlnuedl Resou Actlvltles dlrert relatln to the work of the Church The diocesan parish shar8 Is accounted for when pald. Any parlsh share unpaid at 31 December Is provided for in these financlal stat8m8nts as an operational (though not legal) liabilty and is shown as a cr8diior in the Balance Sheet. Flxed assets Conse¢r•ted ro and movable furnlshln Consecrated and beneficed propety of any klnd 58 excluded from the ac￿Unts by $.96(2Xa) of the Charities Ad 1993 Movable church fumishings held by the Vicar and Churchwardens on special trust for tha PCC, and which require 8 faculty for disposal. are accounted as inallenable propety unless consecrated. They are Ilst8d In the Church's Inventory whlch can be inspected (at any reasonab18 tlm8). For Inalienable property acqulred prior to 2000 there18 In8ufflc18nt cost Infornation available and therefore such assets are not valued In th8 finandal statements. Iterns acqulred slnc8 1 January 2000 have bean caplta1188d and d8preclated In the accounts ov8r th81r currently anticipated useful economlc Iwe on a straight-llne b8818. All 8xp8ndltur8 Incurred In the year on con8ecratsd or benefic8d bulldlng8, Indlvklual Item8 und8r £1,000 or on the repalr of movable church fumlshlngs acqulred before 1 January 2000 18 written off. ures ffttln and offlce e Indivldual flxtures, ffttln8s and offlce equipment with a purchase prlce of £l,OCM) or less are wrltten off when the asset Is a¢qulred. Assets wlth an individual purchase prlce of over £l,Ll)O and a Ilfe In exces5 of one year are dep￿CIated on a rtralght-llne basls as follows: Heatin8 System - 10 years Other flxtures, ffttings and office equlpment - 4 years Investments Investment8 ar8 valued at market value at 31 December. Current assets Amounts owng to the PCC at 31 D8c8mber in respect of fees, rents or other Income are shown 88 debtor818ss provision for amounts that may prove unt• 10 1•t J•MWry 31•1 R••¢Jurc•• Unrestrlcted Funds 352.142 158.249 1159,265> 361.128 2.112 E I￿.?49 £ {1592&51 Q JJl.12• Restrlcted Punds R•storntion Lyhting Lu¢ky Numb•rn B•H Churchywd trdimnd Organ Toddhr Group Foot*t•y Group St Paul's Musi¢ and Chdr St Nichola¥ Mu$ St Nichohg D•v•lopTr￿nI 51.424 71,448 21,428 2.194 31 2.411 140 3.541 (8.871> 44.747 T1.￿6 {1.1851 3,343 {2.￿} {179} 2.631 112 372 41 240 (5> 481 {2981 1,24J 2.068 431 {165) t 157.SS6 9fft71 £ V3.*) Tolal Funds £ 5th.fJT £ 10T.VdO £ (171m £ W,127 Restoratlon htln Luc Numbers 8ell Churchyard St Paul'5 Legacies Ordinand Organ Toddler Group Footsteps Group St Paul's Muslc and Choir St Nicholas Music St Nicholas Development Major repalrs to fabric of St Paul's (excludes routlne maintenance) Ma or works to li htin within St Paul's church Establlshed to ralse mone for restoration ur Maintenance of the be115 and related items Maintenance and Improvement of St Paul'5 churchyard HSstoric fund set up fmm le8acies to St Paul's church Forthe 5UPPOrt of an Ordinand For the restoration of the church organ Su rt forchurch workwith re-school chlldren Support for the church youth groups Tosu port the music tradiiion within St Paul's Church To malntaln and enhance the quali of music at St Nicholas Church For the pastoral development of St Nicholas thurch oses 21