OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

ANNUAL REPORT AND FINANCIAL STATEMENTS

OF

ST MARY'S LONGFLEET PCC, POOLE FOR THE YEAR ENDED 31 December 2021

Registered Charity Number 1130469 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LONGFLEET (ST MARY'S), POOLE

INCUMBENT Revd Canon Andrew Perry The Vicarage 2, Twemlow Avenue Poole Dorset BH14 8AN

BANKERS INDEPENDENT EXAMINERS CAF Bank Ltd Newton Magnus 25 Kings Hill Avenue Arrowsmith Court Kings Hill Station Approach West Malling Broadstone Kent ME19 4JQ Dorset BH18 8AT

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

Objective and Activities

St Mary’s Longfleet PCC has the responsibility of co-operating with the incumbent, the Revd Canon Andrew Perry, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has the maintenance responsibilities for the Church Centre, Kingston Road, Poole.

Governing document

The PCC is a registered Charity (Number 1130469) and is governed by the Parochial Church Councils (Powers) Measure 1956 as amended and Church Representation Rules.

Structure, governance and management

The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and are welcome to stand for election to the PCC. On appointment each new PCC member is given a clear briefing on their responsibilities as a trustee and of the primary purpose of the PCC to work with the incumbent, Revd Canon Andrew Perry, in the whole mission of the church.

During the year the following served as members of the PCC.

Incumbent: Revd Canon Andrew Perry Chair
Associate Vicar: Revd Mark Hay
Wardens: Mrs Alison Cox
Dr Pete Naylor
Mrs Jo Elliott		 (from 26 April 2021)
(until 26 April 2021)
Elected Members: Mrs Lizzie Adams
Mr Mike Bilson
Mr John Brackstone
Mr Jason Cartridge
Mrs Sue Cobb
Mr Jonathan Gollings
Mr Mark Hill
Mrs Sarah Maybury
Mr Joseph Moxham
Dr Pete Naylor
Mrs Lois Partridge
Miss Jess Wheadon
Mr Simon Burnham-Slipper
Mr Colin Chalkly-Maber
Mrs Emma Jackson
Miss Sue Ockendon
Mr John Rolleston
Mr Mike Turner
Miss Angie Wheeler
Mr Sam Voyle		 (from April 2021)
(until Apr 2021)
(from April 2021)
Deanery Synod Rep
Deanery Synod Rep
Deanery Synod Rep
Deanery Synod Rep
Deanery Synod Rep
Deanery Synod Rep
Treasurer / Deanery Synod Rep
(until Apr 2021)
Electoral Roll Secretary Mrs Kym Powell
PCC Secretary Mrs Gillian Rutherford

Page 2

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

Statement of Parochial Church Council’s Responsibilities

Charity law requires the Council to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of its financial activities for that period and adequately distinguish any material special trust or other restricted fund of the charity. In preparing those financial statements the trustees are required to:

The Council is responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the charity, and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.

Committees and Subgroups

The four key principles behind these structures being that it should be –

Purposeful - To fulfil our overall vision and purposes Adaptable Able to respond to continuing growth Flexible - Within an age of rapid change Simple To function naturally and allow St Mary’s Longfleet to grow healthily as a living organism rather than a bureaucratic organisation and avoid unnecessary meetings.

The structures are designed to express trust and accountability. From January 2010 – A new Leadership Structure has been developed which clarifies the respective roles of the PCC and the Staff Team.

Finance Team (also Standing Committee of PCC)

The Finance Team prepares the ‘Annual Budget’ and monitors spending. It holds responsibility for reviewing staff salaries and expenses. It is mandated to be proactive in encouraging financial giving in the church, and to support the Hon. Treasurer.

Page 3

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

Reserves Policy:

As the PCC has employed 14 full or part time staff during the year, it is the policy to maintain a balance on unrestricted funds (if possible), which equates to approximately six months’ unrestricted payments (excluding Share payments to the diocese), to cover emergency situations which may arise from time to time. In addition, a balance equal to approximately three months’ Share payments is maintained whenever possible. The current level of unrestricted cash reserves does not meet this target but does cover approximately 4 months of such payments. At the year end the Church held £166,363 of unrestricted funds and £2,311,020 of restricted funds.

Risk Management:

The principal risk is that the PCC would not be able to meet its financial commitments in any given year. This is currently seen as medium likelihood but high impact and is managed by a careful budgeting process, performance against which is regularly monitored by the PCC and the Finance sub-committee as well as communication with all members of the congregation when necessary. By comparison with this risk all the other identified risks have a low residual impact and may be outlined as:

High impact/medium likelihood – fire in the building – contingency plan – use of local school premises.

High impact/low likelihood - no one coming forward to act as volunteer members of teams and committees – contingency plan – continued communication with the congregation together with a database of skills. Responsibility for this shared by Vicar and Finance Team.

Medium impact/medium likelihood – something goes missing or is stolen from the church safe or other office area – contingency plan – continued monitoring of security measures making improvements as necessary.

Fabric Team (sub group of PCC)

Maintains the church property and equipment. Identifies and prioritises work needed, including quinquennial requirements. It works closely with the SML Facilities Team.

Mission Support Team

Encourages and assists all at SML to reach out imaginatively into the world, in obedience to Jesus who said “Go and make disciples of all Nations”. (Matthew 28: 19) It makes proposals to the PCC about the allocation of the tithe.

SML Eco Group

To encourage the SML church community to be good stewards of God’s creation. This is a very active, passionate sub-group, under the leadership of Lois Partridge.

Page 4

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

Church Attendance

On an average Sunday, before COVID restrictions at the end of March 2020, our total worshipping numbers were about 685. Since then, when services have been permitted in the church building our capacity has been limited to about 300, and we have also developed Online services which attract a sizeable number of viewers. The Electoral Roll number for 2021 was 515.

Pension Builder Scheme

St Mary’s Longfleet PCC participates in the Pension Builder Scheme section of CWPF for lay staff. CWPF is administered by the Church of England Pensions Board, which holds the CWPF assets separately from those of the Employer and other participating employers.

CWPF has two sections:

  1. the Defined Benefits Scheme

  2. the Pension Builder Scheme, which has two subsections;

  3. a. a deferred annuity section known as Pension Builder Classic, and,

  4. b. a cash balance section known as Pension Builder 2014.

The SML members are in the Pension Builder 2014 section.

Pension Builder Scheme

Both sections of the Pension Builder Scheme are classed as defined benefit schemes.

Pension Builder 2014 is a cash balance scheme that provides a lump sum which members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment returns and other factors. The account, plus any bonuses declared is payable, unreduced, from age 65.

There is no sub-division of assets between employers in each section of the Pension Builder Scheme.

The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and means that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the SoFA in the year are the contributions payable (2021: £8,301, 2020: £8,537).

A valuation of the Pension Builder Scheme is carried out once every three years. The most recent valuation was carried out as at 31 December 2019. The next valuation is due as at 31 December 2022

For the Pension Builder 2014 section, the valuation revealed a surplus of £5.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time.

The legal structure of the scheme is such that if another employer fails, St Mary’s Longfleet PCC could become responsible for paying a share of that employer’s pension liabilities.

Page 5

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

Public benefit, objectives and activities

The PCC have given due regard to public benefit when planning the church’s activities, in accordance with section G2 and G3 of the Charity Commission’s General guidance on Public Benefit (January 2008). The paragraphs above and below set out the PCCs activities, achievements and performance during the year, which are directly related to the objects and purposes for which the church exists.

The church achieves its principal objects and purposes through:

These benefits are directly related to the aims of the church and are fully compliant with Principles 1 and 2 of the Charity Commission Principles on Public Benefit.

REVIEW OF THE YEAR

2021 has continued to be a time for our nation and world which has been marked heavily by the COVID-19 pandemic. This has dramatically altered the style of our ministry and mission as a church community, including how we’ve been able to process our business as a PCC. During 2021 the full PCC met for five business meetings – two in-person and three via a zoom conference call.

Our business this year has inevitably been shaped by our response to the pandemic in a constantly changing landscape. Our Vision 2020 is currently under review and, as part of exploring our ‘Next Steps’, we commissioned a project ‘Re-Imagining a New Future’ . Nevertheless, the outline of Vision 2020 has continued to provide the three main markers for our ministry and business. As you’ll see below –

Page 6

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

RISE up

Having developed Digital Online Services in 2020 this continued as our primary mode of worshipping together and communication for the first half of 2021. Since then, we have grown more of a hybrid model of online / live stream and in-person services. Again, the volume of views for our Remembrance, Carols by Candlelight and Christmas Day services were especially high. We are especially grateful to the professional expertise of Matt Molyneux, our then Communications and Media staff member, Will Triffitt, Ministry & Operations Support, and Andy Dollerson, our Worship Pastor, for facilitating this. We are immensely thankful to the LORD for the gift of technology to enable our shared worship in this way. This has been true also for our SML Kids’ and Youth ministries, where they have been wonderfully creative.

Since the late Summer, we have been gradually Re-gathering in-person as a church community. Very aware that this is a season rather than a one-off occasion! In-person numbers are not yet as high as they were pre-Covid but it’s good to see them increasing and, in particular, welcome many newcomers. It has been especially encouraging to see the fresh life and creativity emerging at our 6.30pm Sunday service – The SIX30.

Services in our Church Building , have been carefully regulated to provide a natural and safe experience for all worshippers, welcomers’ and staff. Our Church Wardens have overseen this process with meticulous care, and the PCC has considered and ratified the requisite Risk Assessments.

At our January meeting, the PCC were delighted to hear about the three upcoming Lent Courses – The Prayer Course (24/7); Mission-Minded Living (New Wine); Living in Love and Faith – LLF (Church of England). These were each formative, well-received and wellattended.

Once again, we were delighted to be committed to the Archbishops’ Your Kingdom Come prayer initiative leading up to Pentecost. Our investment in our monthly prayer and worship gathering RISE has continued throughout this time.

Page 7

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

Core Discipleship Practices – have remained central to our life together and our equipping of members of SML to grow as passionate, whole-life disciples. To Belong - within a life group, Prayer Triplet and/or Volunteer Team; Feed – on God’s word through daily disciplined personal Bible reading; Pray – contributing to a life of nourishing and sustaining prayer; Serve – on a volunteer team; Give – through committed personal financial giving to the mission and ministry of SML.

THRIVE in

During the first half of 2021 the PCC received regular updates on our ‘Re-Imagining a New Future’ project facilitated by David Reed. A summary was offered at our July meeting highlighting 3 short-term aims –

These short-term aims are being embraced in a number of directions including taking new steps to improve our equipping and releasing of Volunteers . This is a key goal for 2022.

Also at our July meeting, our Associate Vicar, Mark Hay, presented to the PCC a refreshed vision for our Life Groups which was enthusiastically received. Since then it’s been encouraging to see a number of new groups formed.

The PCC has recognised that, as for everyone else, the pandemic has placed additional pressures on our SML Staff. Furlough has continued to be used appropriately at various points. This has been initiated by the Senior Staff Team, agreed within a sub-group of the Finance Team, and regularly reported to the PCC. We have also experienced a number of staff changes during 2021. However, there is a sense in which the staff, although lacking capacity in a few areas which will be addressed, is unified and working well together.

The fact that the finances of SML , despite the prevailing circumstances, have finished 2021 in a healthy position is due both the sacrificial generosity of our SML church family and the vigilant monitoring of our Finance Team . Members of the Finance Team have poured in literally hundreds of hours to ensure our income and expenditure are carefully aligned and to prepare for November’s Gift Day. A target of £60,000 was set and it was thrilling that more than £80,000 was given. The Finance Team also presented a realistic, yet still faithfilled, 2022 budget to the PCC in November. Once again, we are indebted to their hard work.

Compliance with statutory Policies is an official responsibility of the PCC and it helps to create a context in which people can thrive in a healthy, love-filled community. Each meeting involves an update on a rota basis. Of these policies, Safeguarding is the most prominent. The PCC is immensely grateful for the professionalism and skill of our SML Safeguarding Team.

As a parish in the Diocese of Salisbury we contributed to the diocesan gift and noted with thankfulness the ministry of Bishop Nicholas Holtam who retired as Bishop of Salisbury in July 2021. We are grateful for the many ways he encouraged our ministry and mission here.

Page 8

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

REACH out

There’s a healthy sense in which the pandemic, and attendant lockdowns, have caused every member of SML to become more focused on their immediate locality , and how we can in every way possible express the love and care of Jesus to our neighbours at this challenging time.

Amongst our Outreach Priorities ongoing contact, support and prayer for Poole Hospital and other local medical providers has been especially significant during 2021.

With a team, our Outreach Pastor, Rachel, was able to run the Recovery Course again over the autumn. The PCC is thrilled that we’ve still been able to run Alpha courses online, including a Poole-wide Alpha course across 9 churches from January-March, and is hugely grateful to Alpha International for making the course available in a digital format so professionally and quickly.

At our January meeting, the PCC were shown a plaque recognising SML’s gift to make possible one of Myra’s Wells in Burkina Faso - a life-giving project we are delighted to support. In September, the PCC was informed of our new Armed Forces Veteran Friendly Group . An immensely committed team under the leadership of Retired Major Homfray Vines offer a monthly ‘drop in’ at the church centre. In that same meeting, the PCC were pleased to agree the application for a ‘Commonwealth Graves Commission’ plaque on the wall near the entrance to our churchyard.

SML’s practical support of and engagement with Poole Missional Communities ( PMC) including Reconnect , continues to develop. This is reflective of a wider commitment of churches across Poole fostering fresh missional expressions and of working together more extensively on shared ventures.

It is an ongoing joy to see the development and growth of the ministry of our Church Graft in the Parish of Hamworthy. This mutual partnership continues to thrive in a number of areas, a notable occasion being a dynamic youth event in the autumn hosted at Hamworthy. Andy meets with the Revd Tessa Fuhri, Rector of Hamworthy, on a monthly basis to offer support.

The fifth Anglican ‘Mark of Mission’ is ‘To strive to safeguard the integrity of Creation, and sustain and renew the life of the earth’ . As part of our engagement with this, the SML Eco Group , under the leadership of Lois Partridge who provides regular reports to the PCC, is playing a significant role in keeping these issues before us as a church community. The global COP26 summit in Glasgow was a landmark gathering.

Our REACH ministries (Vision 2020 – Reach) are naturally grouped into 3 areas - ‘Food, Relationships & Refugees’ , primarily in the form of Cafe@SML, The Community Lunch, Routes to Roots, and Supporting Refugees, although there are many other additional initiatives. We remain joyfully committed to these even though inevitably some of their activities have been curtailed during 2021.

Page 9

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

As mentioned in last year’s report, The Church of England has recently published a new vision to become Christ-centred and Jesus-Shaped – a Church that is younger and more diverse, a Church of Missionary Disciples, A Church where Mixed Ecology is the norm – Humbler, Simpler and Bolder . At SML we align ourselves to the direction of travel of this overall vision. Alongside this, we recognise too that the Spirit of God will be working in unique ways in each locality and want to be open to His promptings as we step into 2022.

On behalf of the PCC

Revd Canon Andrew Perry 2 February 2022

Page 10

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2021


INCOMING RESOURCES
(See Note 2)
Donations and legacies
Other Voluntary Income
Income from
Investments
Income from Church
Activities
TOTAL INCOMING
RESOURCES
RESOURCES USED (See
Note 3)
Church Activities
TOTAL RESOURCES USED
NET
INCOMING/(OUTGOING)
RESOURCES
Change in value of
investments
NET MOVEMENT IN
FUNDS
BALANCES BROUGHT
FORWARD
AT 1 JANUARY 2021
(2020)
BALANCES CARRIED
FORWARD
AT 31 DECEMBER 2021
(2020)		 Unrestricted
Funds
£
452,365
11,429
76
6,885
470,755
476,771
476,771
(6,016)
-
(6,016)
172,379
166,363		 Restricted
Funds
£
37,719
5,266
5,778
33,005
81,768
73,730
73,730
8,038
28,460
36,498
2,274,522
2,311,020		 Total
2021
£
490,084
16,695
5,854
39,890
552,523
550,501
550,501
2,022
28,460
30,482
2,446,901
2,477,383		 Unrestricted
Funds
£
477,674
14,215
592
1,314
493,795
451,769
451,769
42,026
-
42,026
130,353
172,379		 Restricted
Funds
£
52,719
7,828
5,599
35,772
101,918
102,953
102,953
(1,035)
12,748
11,713
2,262,809
2,274,522		 Total
2020
£
530,393
22,043
6,191
37,086
595,713
554,722
554,722
40,991
12,748
53,739
2,393,162
2,446,901

Page 11

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

BALANCE SHEET at 31 December 2021

FIXED ASSETS
Tangible fixed assets (Note 5)
Trust Investments - Salisbury DBF (Note 8)
CURRENT ASSETS
Stock
Debtors (Note 6)
Short Term Deposits -CBF Investments
Cash at Bank and In Hand
LIABILITIES:
AMOUNTS FALLING DUE WITHIN ONE YEAR
Creditors (Note 7)
Interest Free Loan (Note 7)
NET CURRENT ASSETS
AMOUNTS FALLING DUE AFTER ONE YEAR
Interest Free Loan (Note 7)
TOTAL NET ASSETS
FINANCED BY
Charitable Reserves at beginning of year
Change in value of investments
Net movement in funds for the year
Charitable Reserves at end of year
PARISH FUNDS
Unrestricted (including designated)
Restricted		 2021
£
2,023,668
228,605
2,252,273
660
12,550
139,578
99,684
252,472
2,988
1,218
4,206
248,266
23,156
23,156
2,477,383
2,446,901
28,460
2,022
2,477,383
166,363
2,311,020
2,477,383		 2020
£
2,022,660
198,926
2,221,586
706
5,201
141,123
105,801
252,831
1,923
1,218
3,141
249,690
24,375
24,375
2,446,901
2,393,162
12,748
40,991
2,446,901
172,379
2,274,522
2,446,901

Approved by the Parochial Church Council and signed on its behalf by:

Revd Canon A. Perry (Chairman)

The notes on pages 13 to 26 form part of these accounts.

Page 12

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2020

Cashflow Statement for the year ended 31 December 2021

Net cash from operating activities
Cash flows from investing activities
(Purchase)/Disposal of investments
Dividends and interest
Purchase of fixed assets
Change in cash equity in reporting
period
Cash as at 1 January 2020
Net income (expense)
Depreciation charge
Dividends and interest
Decrease/(increase) in stock
Decrease/(increase) in debtors
(Decrease)/increase in creditors
Analysis of cash
Cash in hand
Short term deposits		 (1,219)
5,854
(3,224)		 2021
(9,073)
1,411
(7,662)
246,924
239,262
2,022
2,216
(5,854)
46
(7,349)
(154)
(9,073)
99,684
139,578
239,262		 (1,219)
6,191
-		 2020
55,157
4,972
60,129
186,795
246,924
40,991
12,673
(6,191)
(45)
8,942
(1,213)
55,157
105,801
141,123
246,924

Page 13

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

NOTES TO THE FINANCIAL STATEMENTS For the year ending 31 December 2021

1. ACCOUNTING POLICIES

The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise started in the relevant note(s) to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice (SORP (FRS 102)): Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Standard applicable in the UK and Republic of Ireland (FRS 102) issued in 2014 and with the Charities Act 2011.

These accounts have been prepared on a Going Concern basis as there are no material uncertainties about the ability to continue.

The accounts are shown in Pounds Sterling

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. These include funds designated for a particular purpose by the PCC.

The purpose of any restricted funds is noted in the accounts.

The accounts include transactions, assets and liabilities for which the PCC can be held responsible. They do not include the accounts of church groups that owe an affiliation to another body nor those that are informal gatherings of church members.

Incoming Resources

Voluntary income and capital sources

Collections are recognised when made.

Amounts receivable under covenant are recognised only when honoured by the covenantor.

Income Tax recoverable on Gift Aid donations is recognised when claimed. This in effect means that tax recoverable on donations made up to 5 April 2021 has been claimed and received and included in these Accounts. Tax due on donations made to the Church from 6 April 2021 to 31 December 2021 will not be claimed until 2022 and therefore has not been included as income in these Accounts. This will be shown as income in the Accounts for the year ended 31 December 2022.

Grants and legacies to the PCC are accounted for when received.

Funds raised from events and activities are accounted for gross before expenditure.

Sales of books and magazines from the church bookstall are accounted for net.

Page 14

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2021

Incoming Resources continued

Other ordinary income

Rental income from the letting of church premises is accounted for when invoiced.

Parochial fees due to the PCC for weddings, funerals etc. are accounted for on an event by event basis.

Income from investment

Dividends and interest are accounted for when due.

Application of Resources

Grants

Grants and donations are accounted for when paid.

Costs directly related to the work of the church

The Parish share is accounted for when payable and any share unpaid at 31 December is shown as a creditor in the Balance Sheet.

Fixed Assets

Consecrated land and buildings and moveable church furnishings

Consecrated and beneficed property is excluded from the accounts by the Charities Act 2011.

No value is placed on moveable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be an inalienable property. The cost of improvements to the Church spire is being depreciated over 40 years. All other expenditure incurred during the year on consecrated or beneficed buildings and moveable church furnishings, whether maintenance or improvement is written off.

Other land and buildings

Other land and buildings held on behalf of the PCC for its own purposes is valued at market value. No depreciation is charged against such properties but any expenditure or improvement is written off as incurred.

Page 15

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2021

Fixed Assets continued

Other fixtures, fittings and 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 £1,000 or less are written off in the period in which the asset is acquired.

Material donated assets are accounted for when received. They are valued at fair value on date of receipt.

Investments

Investments are shown at market value at 31 December.

Current assets

Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less any provision for amounts, which may prove uncollectible.

Short-term deposits include cash held on deposit either with the Central Board of Finance or at the bank.

Stock is valued at the lower or cost or net realisable value.

Loans

Funds have been released from the Investment known as “Garland Road” as an interest free loan, repayable over 40 years, towards the repair of Tower and Spire. This is to the value of £48,750 of which £24,375 has been repaid to date (£23,157 last year).

Page 16

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2021

2. INCOMING RESOURCES

Voluntary Income (direct
giving)
Planned Giving
Gift Aided Giving
Tax Recovered on Gift
Aided Giving
Non Gift Aid
Collections at All Services
Gift Days
Sundry Donations
Other Voluntary Income
Donations, Appeals etc.
Grants / VAT relief
Legacies
Income from Church
Activities
Bookstall
Centre Lettings etc
Wedding and Funeral
Fees
Youth & Children’s Work
Women’s Group
Income from Investment
U.K. Dividends and
Interest
(including Tax reclaimed)
TOTAL INCOMING
RESOURCES		 Unrestricted
Funds
£
243,574
73,180
59,566
4,535
68,631
2,879
452,365		 Restricted
Funds
£
-
-
5,000
-
-
32,719
37,719		 Total
2021
£
243,574
73,180
64,566
4,535
68,631
35,598
490,084
3,448
13,047
200
16,695
296
30,716
1,390
6,073
1,415
39,890
5,854
552,523		 Unrestricted
Funds
£
264,922
71,919
64,317
5,539
38,279
32,698
477,674
-
14,215
-
14,215
-
-
984
330
-
1,314
592
493,795		 Restricted
Funds
£
-
-
20,000
-
-
32,719
52,719
1,830
5,998
-
7,828
529
22,110
-
353
12,780
35,772
5,599
101,918		 Total
2020
£
264,922
71,919
84,317
5,539
38,279
65,417
530,393
-
11,229
200
11,429
-
-
1,390
5,495
-
6,885
76
470,755		 3,448
1,818
-
5,266
296
30,716
-
578
1,415
33,005
5,778
81,768		 1,830
20,213
-
22,043
529
22,110
984
683
12,780
37,086
6,191
595,713

Page 17

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2021

2. INCOMING RESOURCES continued

Note:

The movement on Trust Valuation is the shift in investment valuation from the CBF during the year for the following Investment Funds

Garland Road
Opening Value
109,048
Additions
Change in Value
1,219
15,603

Closing Value
125,870		 Riddell
Longfleet Churchyard
86,948
2,930
-
12,438
-
419
99,386
3,349

Page 18

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2021

3. RESOURCES USED

Church Activities
Grants
Missionary and
charitable giving:
Church overseas:
missionary societies
relief and
development
agencies
Home missions/other
Church Societies
Pastoral Support
Fund
Support Costs
Youth and Children’s
Work
Women’s Group
Alpha & Evangelism
Directly Relating to
the Work of the
Church
Ministry: Parish
Share
Clergy Expenses
Other Clergy
Costs
Church - Running
Expenses
Church Maintenance
Expenditure on
Bookstall
Centre Running Costs
Professional Fees
Money Management
& Pastoral
Salaries
Church Management
and Administration
Administration:
Depreciation
Total Church
Activities Costs		 Unrestricted
Funds
£
7,049
4,500
13,235
-
24,784
12,539
-
2,917
15,456
121,374
5,817
623
23,096
25,628
-
-
222
782
238,115
415,657
16,857
2,217
19,074
474,971		 Restricted
Funds
£
977
1,077
937
10,640
13,631
109
902
-
1,011
-
1,782
-
-
120
378
17,208
-
-
39,600
59,088
-
-
-
73,730		 Total
2021
£
8,026
5,577
14,172
10,640
38,415
12,648
902
2,917
16,467
121,374
7,599
623
23,096
25,748
378
17,208
222
782
277,715
474,745
16,857
2,217
19,074
548,701		 Unrestricted
Funds
£
9,020
1,500
18,608
-
29,128
7,708
-
2,440
10,148
121,375
6,725
280
18,508
10,096
-
-
-
403
227,091
384,478
13,542
12,673
26,215
449,969		 Restricted
Funds
£
-
-
1,024
13,580
14,604
180
11,843
-
12,023
-
594
-
-
898
485
17,349
-
57,000
76,326
-
-
-
102,953		 Total
2020
£
9,020
1,500
19,632
13,580
43,732
7,888
11,843
2,440
22,171
121,375
7,319
280
18,508
10,994
485
17,349
-
403
284,091
460,804
13,542
12,673
26,215
552,922

Page 19

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2021

3. RESOURCES USED Continued

Total Church Activities
Costs Carried Forward
Governance Costs
Audit Fee
Total Governance Costs
TOTAL RESOURCES USED		 Unrestricted
Funds
£
474,971
1,800
1,800		 Restricted
Funds
£
73,730
-
-		 Total
2021
£
548,701
1,800
1,800		 Unrestricted
Funds
£
449,969
1,800
1,800		 Restricted
Funds
£
102,953
-
-		 Total
2020
£
552,922
1,800
1,800
476,771 73,730 550,501 451,769 102,953
554,722

Page 20

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021 NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2021

4. STAFF COSTS

Children & Youth
Office & Admin
Pastoral & Worship
Verger & Cleaning
Centre
Gross Salaries
Employers NI

Employers Pension Contribution
Paid to DBF		 2021
£
54,505
69,852
101,922
20,892
30,544
277,715
206,224
9,692

8,301
53,498
277,715		 2020
£
59,875
73,598
103,850
16,889
29,879		 2020
£
59,875
73,598
103,850
16,889
29,879
284,091








213,864
10,321
8,537
51,369
284,091

Average number of full time employees during the year was 4 (2020: 4) and part time was 11 (2020: 11) (Average full time: 8.5 (2020:8.5))

No employees received employee benefits of £60,000 or more in either year.

5. FIXED ASSETS FOR USE BY THE PCC

GROSS BOOK VALUE at 1 January 2021
ADDITIONS
at 31 December 2021
DEPRECIATION at 1 January 2021
Charge for the Year
at 31 December 2021
NET BOOK VALUE at 31 December 2021
at 31 December 2020		 Freehold
Land /
Centre
£
1,976,080
-
1,976,080
-
-
-
1,976,080
1,976,080		 Building
Improvements
£
69,432
-
69,432
23,041
1,219
24,260
45,172
46,391		 Furniture
&
Equipment
£
244,331
3,224
247,555
244,142
997
245,139
2,416
189		 TOTAL
£
2,289,843
3,224
2,293,067
267,183
2,216
269,399
2,023,668
2,022,660

The freehold land and buildings comprises the Fellowship Centre located at Kingston Road, Poole. The Registered Owners are Salisbury Diocesan Board of Finance as Custodian Trustees for the Parochial Church Council of Longfleet who are Management Trustees. Building improvements includes the cost of improvements to the Church Spire. This is being depreciated over 40 years.

Page 21

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2021

6. CURRENT ASSETS

Debtors

Debtors
Trade debtors
7. LIABILITIES:
AMOUNTS FALLING DUE WITHIN ONE YEAR
Creditors
Interest Free Loan
AMOUNTS FALLING DUE AFTER ONE YEAR
Interest Free Loan (repayable over 40 years)		 2021

£
12,550
2021
£
2,988
1,218
4,206
23,156
23,156		 2020
£
5,201
2020
£
1,923
1,218
3,141
24,375
24,375

8. FIXED ASSET INVESTMENTS

Trust Investments held in the name of Salisbury Diocesan Board of Finance for the benefit of the Parish of St Mary Longfleet are as follows:

Garland Road Riddell Longfleet Churchyard

CBF Investments are held as follows:

Riddell - 50% for the vicar’s expenses, 50% to support the vicar’s ministry Accounts designated as per Title:

Accounts designated as per Title:
2021 2020
£ £
Opening market value 198,926 184,959
Additions 1,219 1,219
Change in market value 28,460 12,748
Closing market value 228,605 198,926

The market value is calculated by CBF Investments

9. CONTINGENT ASSET

As at 31 December 2021 a tax rebate in respect of covenants and donations made under Gift Aid .This claim will be submitted during 2022 and accounted for in the next Accounts.

Page 22

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2021

10. FUND DETAILS

Summary of restricted fund movements.

St Mary’s Longfleet
Original Centre Building
Centre Building Improvements
Centre Fixtures and Fittings
Garland Road
Riddell
Churchyard
Church Centre
Pastoral Support Fund
Sound
R2R Christmas
Tear Fund
Myras		 Balance
1/1/2021
Income
Expenses
and
changes in
investment
Balance
31/12/2021
£
£
£
£
69,720
35,326
(37,014)
68,032
500,000
-
-
500,000
1,171,708
-
-
1,171,708
11,528
-
-
11,528
118,284
3,167
11,603
133,054
94,106
2,526
10,656
107,288
3,656
85
299
4,040
281,324
31,198
(17,208)
295,314
16,047
5,000
(10,640)
10,407
8,149
1,500
-
9,649
-
1,937
(1,937)
-
-
77
(77)
-
-
952
(952)
-
2,274,522
81,768
(45,270)
2,311,020

Prior Year summary of restricted fund movements

St Mary’s Longfleet
Original Centre Building
Centre Building Improvements
Centre Fixtures and Fittings
Garland Road
Riddell
Churchyard
Church Centre
Pastoral Support Fund
Sound		 Balance
1/1/2020
£
32,529
500,000
1,171,708
11,528
101,262
92,542
3,574
333,390
9,627
6,649
2,262,809		 Income
£
51,490
-
-
-
4,274
2,462
82
22,110
20,000
1,500
101,918		 Expenses
and changes
in
investment
£
(14,299)
-
-
-
12,748
(898)
-
(74,176)
(13,580)
-
(90,205)		 Balance
31/12/2020
£
69,720
500,000
1,171,08
11,528
118,284
94,106
3,656
281,324
16,047
8,149
2,274,522

Page 23

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2021

Details of restricted funds: Original Centre Building : for the use for the centre building Centre Building Improvement : for use on the improvements to the church centre Centre Fixtures and Fittings : for use on the maintenance and replacement of centre fixtures and fittings

Garland Road : to be used for repairs and maintenance of the church Riddell : 50% for the vicars expenses or 50% to support the vicars ministry Churchyard : for ongoing maintenance and repairs of the churchyard Church Centre : for ongoing costs in running the centre

Pastoral Support Fund : for the collection and payments of pastoral donations and expenses Sound : for sound system expenses

R2R Christmas : for the collection and payments of Christmas donations Tear Fund: for the collection and payments of the Tear fund mission partner Myra’s Wells : for the receipt and distribution of the donation

Designated Funds

Included in un-restricted funds are £10,347 (2020: £13,716) designated to Mission Support

Summary of assets by funds

Fixed Assets
Tangible Fixed Assets
Trust Investments
Current Assets
Stock
Debtors
Short Term Deposits
Cash at Bank and in Hand
Current Liabilities
Creditors
Long Term Liabilities
Loan		 Unrestricted
£
2,416
-
-
-
125,805
64,316
(1,800)
(24,374)
166,363		 Restricted
£
2,021,252
228,605
660
12,550
13,773
35,368
(1,188)
-
2,311,020		 Total
£
2,023,668
228,605
660
12,550
139,578
99,684
(2,988)
(24,374)
2,477,383

11. TRUSTEES REMUNERATION AND EXPENSES

No trustee received any remuneration or expenses during the year for serving as a trustee of the charity (2020: Nil).

Page 24

St Mary’s Longfleet Poole

Annual Report for the year ended 31 December 2021

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2021

12. CONTROL

The Church is controlled by the trustees

13. INDEPENDENT EXAMINER REMUNERATION

2021 2020
£
 £
Examination fee 1,800 1,800

14. RELATED PARTY

There were no related party transactions during the year (2020: nil)

15. GOING CONCERN

There are no material uncertainties about the charity’s ability to continue.

Page 25

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2021

Independent Examiner’s Report Financial Statements Year Ended 31 December 2021

Independent Examiner’s Report to the Parochial Church Council of the Ecclesiastical Parish of Longfleet (St Mary’s) Poole

I report on the financial statements of Parochial Church Council of the Ecclesiastical Parish of Longfleet (St Mary’s) Poole for the year ended 31 December 2021, which are set out on pages 1 to 25.

Respective responsibilities :

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention, which gives me reasonable cause to believe that in, any material respect, the requirements to keep accounting records in accordance with section 130 of the Charities Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Page 26