St Mary’s Church, East Leake
Annual Report of the Parochial Church Council For the Year Ended 31[st] December 2021
Administrative Information
St Mary’s Church is situated at the corner of Main Street and Station Road, East Leake. It is part of the Diocese of Southwell & Nottingham within the Church of England. The correspondence address is The Rectory, 3 Bateman Road, East Leake, LE12 6LN.
The Parochial Church Council ( PCC) is a charity registered with the Charity Commission. Charity number 1130545.
PCC members who have served from 1[st] January 2021 until the date of this report are:
Incumbent: The Rev’d Timothy J Parker Chairperson Curate: The Rev’d Michael Allen Until 25th July 2021 Wardens: Mr Conrad Oatey Treasurer Mrs Voirrey Paesler Until APCM 2021, 26[th] May 2021 Representatives on Mrs Sue Shaw (PCC Secretary) the Deanery Synod: Mr Colin Knight Mr Ron Hill Elected Members: Mrs Laura Taylor Mr Paul Hobson Mrs Barbara Wright Mr Jamie Taylor Mrs Ann Harris Mrs Pam Peacock Mrs Bev Chamberlain Mr John Alexander Mr Dudley Pate From APCM 2021, 26[th] May 2021 Mr Phil Westwood From APCM 2021, 26[th] May 2021 Mrs Voirrey Paesler From APCM 2021, 26[th] May 2021 Mrs Debbie Anderton Until APCM 2021, 26[th] May 2021 Mrs Bonnie Clift Until APCM 2021, 26[th] May 2021
1. 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 stand for election to the PCC.
2. Objectives and activities
St Mary’s 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.
Safeguarding is vital to ensure that children, young people and vulnerable adults are kept safe whilst in the care of the church, an integral part of our church life. The Parish Safeguarding Co-ordinator is Mrs P Peacock.
The PCC also has maintenance responsibilities for the Church of St Mary’s and for St Mary’s Hall, both of Main Street, East Leake.
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3. Achievements and performance
Church attendance
There were 143 parishioners on the Church Electoral Roll at the May 2021 Annual Meeting, compared with 141 people at the 2020 Annual Meeting. The average weekly attendance at church counted during October 2021 was 87, an increase from 28 in 2020 because of restriction in the numbers of people allowed to attend church safely in October 2020, limited by social distancing due to the coronavirus (Covid 19) pandemic.
The attendance at festivals was 45 on Easter Sunday and 23 on Christmas Day. The low numbers reflect social distancing due to the coronavirus (Covid 19) pandemic.
Online Digital Worship continued during 2021, as some worshippers prefer to reduce their risk of Covid 19 infection by worshipping at home.
Review of the year
The full PCC met 13 times during the year. Objectives throughout 2021 have been to lead St Mary’s church, joining together in the transforming mission of God through growing disciples, wider, younger, deeper.
The “Churches Together in East Leake” committee was unable to organise practical requirements, as had been done in previous years, because of government restrictions due to the pandemic.
Plans for a new role for an employee to work with children and families (Children and Families Minister) came to fruition when Mrs Jan Pate was employed part-time, from September 2021.
Financial review
Total receipts on ordinary unrestricted funds were £124,783 and are detailed in the financial statements.
£129,805 was spent from unrestricted funds to provide the Christian ministry from St Mary’s Church, including a £79,344 contribution to the Diocesan Parish Share, which largely provides the stipends and housing for the clergy.
The net result for the year on unrestricted funds was a deficit of £5,022. Expenditure was almost exactly as budgeted at the start of the year, but income lagged behind. This is partly because continuing Covid impacted hall bookings, as groups were unable to meet for part of the year. Covid also impacted the youth work at the Academy, and therefore contributions from other parishes towards our Youth Worker’s costs were lower than planned.
£9,340 was spent on the cameras and associated computer systems to enable live streaming of church services to be easier and more professional. Most of this was met by two specific donations and a grant of £2,100 from the AllChurches Trust. We are very grateful for the support of the Trust to enable the project to proceed.
After adding bank and deposit balances brought forward at the beginning of the year, the balance carried forward at 31[st] December for unrestricted funds totalled £16,347.
Restricted income / expenditure showed a surplus of £18,319 at the end of the year, with a restricted fund balance of £54,310. The surplus is principally because of a very generous donation towards funding our Children’s and Families’ Minister for a period of three years.
This Annual Report was approved by the PCC on ………… 2022 and signed on their behalf by Rev’d Tim Parker (PCC Chairperson)
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PAROCHIAL CHURCH COUNCIL OF EAST LEAKE
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STATEMENT OF FINANCIAL ACTIVITIES
| FOR THE YEAR ENDED | 31 December 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | Funds | Funds | |||
| 2021 | 2020 | |||||
| Note | £ | £ | £ | £ | ||
| INCOMING RESOURCES | ||||||
| Donations and Legacies | 108,215 | 37,793 | 146,008 | 122,949 | ||
| Income from other events & Activities | 16,525 | 1,420 | 17,945 | 20,839 | ||
| Investment Income | 44 | - | 44 | 117 | ||
| TOTAL INCOMING RESOURCES | 2 | 124,783 | 39,213 | 163,996 | 143,905 | |
| EXPENDITURE | ||||||
| Cost of raising funds | - | - | - | 440 | ||
| Ministry Expenses | 93,142 | 9,177 | 102,319 | 90,966 | ||
| Church Running Costs | 9,580 | - | 9,580 | 5,742 | ||
| Hall Running Costs | 6,964 | - | 6,964 | 7,080 | ||
| Other Expenditure | 1,634 | 58 | 1,692 | 1,685 | ||
| Administration cost | 12,485 | - | 12,485 | 9,346 | ||
| Major Repairs and Renewals | - | 9,340 | 9,340 | 12,359 | ||
| TOTAL EXPENDITURE | 3 | 129,805 | 20,894 | 150,699 | 133,618 | |
| NET INCOME/(EXPENDITURE) | (5,022) | 18,319 | 13,297 | 10,287 | ||
| Transfer between Funds | - | - | - | - | ||
| Net gains (losses) on Investment | ||||||
| Assets - unrealised | - | - | - | - | ||
| Net Movement in Funds | (5,022) | 18,319 | 13,297 | 10,287 | ||
| RECONCILIATION OF FUNDS | ||||||
| Total funds brought forward | 21,369 | 35,990 | 57,360 | 47,073 | ||
| TOTAL FUNDS CARRIED FORWARD | 16,347 | 54,310 | 70,657 | 57,360 |
The notes on pages 3 to 6 form part of these accounts.
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PAROCHIAL CHURCH COUNCIL OF EAST LEAKE
BALANCE SHEET 31 December 2021
| Notes CURRENT ASSETS Debtors and prepayments Short Term Deposits CBF Church of England Deposit Fund Cash at Bank and in hand Bank Cash Total Current Assets LIABILITIES FALLING DUE WITHIN ONE YEAR Accruals and deferred income LIABILITIES FALLING DUE AFTER ONE YEAR NET ASSETS ACCUMULATED FUNDS Unrestricted Fund Restricted Funds |
2021 Total £ £ 7,244 51,630 12,947 8 12,954 71,828 (1,171) - 70,657 16,347 54,310 70,657 |
2020 Total £ £ 7,462 21,611 38,530 1 38,531 67,604 (10,244) - 57,360 21,370 35,990 57,360 |
2020 Total £ £ 7,462 21,611 38,530 1 38,531 67,604 (10,244) - 57,360 21,370 35,990 57,360 |
|---|---|---|---|
| 67,604 (10,244) - |
|||
| 57,360 | |||
| 21,370 35,990 |
|||
| 57,360 |
Approved by the Parochial Church Council on 2022 and signed on its behalf by:
Chairman
Treasurer
The notes on pages 3 to 6 form part of these accounts.
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PAROCHIAL CHURCH COUNCIL OF EAST LEAKE
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2021
1 ACCOUNTING POLICIES
The financial statements have been prepared in accordance with applicable United Kingdom accounting standards, the "Statement of Recommended Practice" issued by the Charity Commissioners and the Charities Act 1993.The financial statements have been prepared under the historical cost convention. The accruals basis of accounting has been adopted. The principal accounting policies are applied consistently.
Funds
General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.
The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of church members.
Incoming Resources
Voluntary income and capital sources
Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when received. Income Tax recoverable on Gift Aid donations is recognised when income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain. Funds raised by Fund-Raising activities are accounted for gross.
Income from investments
Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue.
Outgoing Resources
Grants
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.
Activities directly relating to the work of the Church
The parish share payable to the Diocese is accounted for when payable. Any parish share unpaid at 31 December is provided for in these accounts as an operational (though not legal) liability and is shown as a creditor in the Balance Sheet.
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PAROCHIAL CHURCH COUNCIL OF EAST LEAKE
NOTES TO THE FINANCIAL STATEMENTS (Continued)
| 2 Incoming Resources for the year ended INCOMING RESOURCES (a) Voluntary receipts Planned giving Giving on which tax is recoverable Income Tax recoverable on giving Other Church collections Donations (b) Other voluntary receipts Grants Legacies (c) Receipts from activities for generating funds Hall Income (d) Receipts from church activities Fees (e) Receipts from investments Interest (f) Other miscellaneous income Social Events Churchyard Community Choir Parish Weekend Contributions toward Youth Ministry Contributions toward Staff Expenses Printing Costs recharged VAT Recoverable - LPW Grant Furlough Payments Other income TOTAL INCOMING RESOURCES |
31 December 2021 Unrestricted £ £ 74,336 19,933 6,971 2,017 4,958 108,215 - - - 3,730 3,730 3,917 44 700 - - 3,000 2,549 296 1,699 633 8,878 |
31 December 2021 Unrestricted £ £ 74,336 19,933 6,971 2,017 4,958 108,215 - - - 3,730 3,730 3,917 44 700 - - 3,000 2,549 296 1,699 633 8,878 |
31 December 2021 Unrestricted £ £ 74,336 19,933 6,971 2,017 4,958 108,215 - - - 3,730 3,730 3,917 44 700 - - 3,000 2,549 296 1,699 633 8,878 |
Restricted £ £ - 7,539 - 1,854 26,300 35,693 2,100 - 2,100 - - - - - - - - - 1,420 - - - - - 1,420 |
Restricted £ £ - 7,539 - 1,854 26,300 35,693 2,100 - 2,100 - - - - - - - - - 1,420 - - - - - 1,420 |
Restricted £ £ - 7,539 - 1,854 26,300 35,693 2,100 - 2,100 - - - - - - - - - 1,420 - - - - - 1,420 |
TOTAL FUNDS 31 December 2021 £ £ 74,336 27,472 6,971 3,871 31,258 - 143,908 2,100 - 2,100 3,730 - 3,730 3,917 44 700 - - - 1,420 3,000 2,549 296 1,699 633 10,298 |
TOTAL FUNDS 31 December 2021 £ £ 74,336 27,472 6,971 3,871 31,258 - 143,908 2,100 - 2,100 3,730 - 3,730 3,917 44 700 - - - 1,420 3,000 2,549 296 1,699 633 10,298 |
TOTAL FUNDS 31 December 2021 £ £ 74,336 27,472 6,971 3,871 31,258 - 143,908 2,100 - 2,100 3,730 - 3,730 3,917 44 700 - - - 1,420 3,000 2,549 296 1,699 633 10,298 |
TOTAL FUNDS | TOTAL FUNDS |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted £ £ 74,336 19,933 6,971 2,017 4,958 108,215 - - - 3,730 3,730 3,917 44 700 - - 3,000 2,549 296 1,699 633 8,878 |
Restricted £ £ - 7,539 - 1,854 26,300 35,693 2,100 - 2,100 - - - - - - - - - 1,420 - - - - - 1,420 |
31 December 2021 £ £ 74,336 27,472 6,971 3,871 31,258 - 143,908 2,100 - 2,100 3,730 - 3,730 3,917 44 700 - - - 1,420 3,000 2,549 296 1,699 633 10,298 |
31 December 2020 £ £ 74,617 22,785 6,985 831 17,531 - 122,749 - 200 200 3,663 - 3,663 2,875 117 - 111 - 155 5,340 3,500 856 - 3,954 384 14,301 |
||||||||
| 124,783 | 39,213 | 163,996 | 143,905 | ||||||||
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PAROCHIAL CHURCH COUNCIL OF EAST LEAKE
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NOTES TO THE FINANCIAL STATEMENTS (Continued)
3 Expenditure for the year ended
31 December 2021
| RESOURCES USED Costs of fundraising Activities relating to the work of the Church Charitable giving: Church overseas and missions Church societies and home mission Other Charities Ministry Diocesan Parish Share Expenses of Incumbent Expenses of Assistant Staff Honoraria Service Expenses Organist Fees Youth Ministry Children and Families Ministry Outreach and Messy Church Church Running Costs Insurance Electricity Gas Water Repairs Quinquennial Inspection Hall Running Costs Insurance Electricity Caretaker Repairs Sundry Exps Other Expenditure Upkeep of Churchyard Miscellaneous Expenses Parish Weekend Community Choir Social Events General Administration Printing and Copying Other Expenses Salaries Major Repairs Fabric Cameras / Projection System Installations Surplus/(Deficit) for year before other recognised gains and losses Gains/(Losses) on investment assets Inter Fund Transfers Net movement of Funds Opening Reserves Closing Reserves |
TOTAL FUNDS | TOTAL FUNDS | TOTAL FUNDS | TOTAL FUNDS | TOTAL FUNDS | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted £ £ - 3,000 3,000 - 6,000 79,344 665 165 1,305 1,635 2,260 7,768 - - 93,142 2,429 1,441 2,225 4 3,481 - 9,580 548 1,822 3,065 876 653 6,964 - 451 - - 1,183 1,634 4,693 2,405 5,387 12,485 - - 129,805 (5,022) - - (5,022) 21,369 16,347 |
Restricted £ £ - - 84 2,234 2,318 - - - - - - 2,681 6,496 - 9,177 - - - - - - - - - - - - - - 58 - - - 58 - - - 9,340 9,340 20,894 18,319 - - 18,319 35,990 54,310 |
31 December 2021 £ £ - 3,000 3,084 2,234 8,318 79,344 665 165 1,305 1,635 2,260 10,449 6,496 - 102,319 2,429 1,441 2,225 4 3,481 - 9,580 548 1,822 3,065 876 653 6,964 - 509 - - 1,183 1,692 4,693 2,405 5,387 12,485 - 9,340 - 9,340 150,699 13,297 - - 13,297 57,360 70,657 |
31 December 2020 £ £ 440 3,000 3,000 - 6,000 76,800 400 541 290 1,773 1,252 9,852 58 90,966 2,425 1,153 1,685 100 379 - 5,742 548 2,086 3,000 1,302 144 7,080 111 1,069 505 - - 1,685 2,825 1,775 4,747 9,346 - 12,359 - 12,359 133,618 10,287 - - 10,287 47,073 57,360 |
||||||||
| - | |||||||||||
| 129,805 (5,022) - - |
20,894 18,319 - - |
150,699 13,297 - - |
133,618 10,287 - - |
||||||||
| (5,022) 21,369 |
18,319 35,990 |
13,297 57,360 |
10,287 47,073 |
||||||||
| 16,347 | 54,310 | 70,657 | 57,360 | ||||||||
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PAROCHIAL CHURCH COUNCIL OF EAST LEAKE
NOTES TO THE FINANCIAL STATEMENTS (Continued)
| 4 STAFF COSTS Wages and salaries No payments have been made to members of the Parochial Church Council. 5 DEBTORS Income Tax recoverable Hall Income Youth Ministry Compass Contribution VAT Recoverable Other debtors and prepayments 6 ANALYSIS OF NET ASSETS BY FUND Unrestricted Funds £ Cash on Short Term Deposit 51,630 Other Current Assets (34,112) Current liabilities (1,171) 16,347 7 FUND DETAILS Balance 1 January Restricted Funds; Church Fabric Fund 9,228 Hall Fabric Fund - Parish Weekend 663 Flower Fund 125 Disadvantaged Fund 708 Young Children / Holiday Club 205 Youth Ministry Fund 1,261 Charities - Childrens Mission (inc Church extension) 23,800 35,990 |
2021 £ 10,713 2,106 1,250 670 - - 3,217 7,244 Restricted Funds £ - 54,310 - 54,310 Income 9,100 - - - - - 1,420 2,318 26,375 39,213 |
2020 £ 8,999 2,381 1,201 1,340 - - 2,540 7,462 Total Funds £ 51,630 20,198 (1,171) 70,657 Expenditure 9,340 - - 58 - - 2,681 2,318 6,496 20,894 |
Balance 31 December 2021 8,988 - 663 67 708 205 0 - 43,679 54,309 |
|---|---|---|---|
The Endowment Capital of the Birchnall, Potter and Little/Godber Capital Endowment Funds comprise a combination of CBF Shares and deposits. At 31 December 2021 the value of the funds was £2,524 (2020: £2395).
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