OpenCharities

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

2020-12-31-accounts

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS) (Registered Charity No. 1130669)

Churches

St Mary’s All Souls Worlds End Lane Rushmore Hill Green Street Green Pratts Bottom Orpington Orpington Kent Kent BR6 6AG BR6 7NB

The correspondence address for the PCC is The Parish Office at the St Mary’s address above

ANNUAL REPORT AND FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2020

Priest In Charge

Rev’d Susan Atkinson-Jones 46 Worlds End Lane Green Street Green Orpington, Kent BR6 6AG

Treasurer

Sara Beswetherick c/o St Mary’s Worlds End Lane Green Street Green Orpington Kent BR6 6AG

Independent Examiner Martyn Burt Bsc Hons, ACMA, CGMA Adventus Accounting

Bankers Metro Bank Unit 4 Nugent Retail Estate Orpington, Bromley BR5 3RP

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

REVIEW OF THE YEAR

The Coronavirus pandemic and consequent actions taken by the Government in order to battle it had a significant impact on the Parish including church closures and cancelled fund-raising activities. However utilisation of digital technology eventually allowed many activities to continue in a socially distanced manner.

Church membership and attendance

At 31 December 2020 there were 97 (2019 - 98) parishioners on the Church Electoral Roll. The average weekly attendance in church, counted during October, was 39 (2019 – 93) adults and 1 (2019 - 16) children under 16. Attendance in church was necessarily restricted due to social distancing requirements. However three of the services in October were broadcast online (Church at Home) and received an average of 64 attendees.

Personnel

Following on from last year, our Parish of Green Street Green and Pratts Bottom has continued in a state of transition. Both this parish and that of Chelsfield had the Right of Presentation suspended in order to facilitate the likely changes that are envisaged in the future.

During November 2019 the scheme to become one Benefice (Green Street Green, Pratts Bottom and Chelsfield) was passed and was to come into effect mid / late 2020. After the emergence of Covid 19, and its subsequent effects on the Church, the Reverend John Tranter decided to delay his retirement in order to serve his Parish through the difficult time. He will now retire on 31 May 2021 and the Benefice will come into effect on 1 June 2021.

In December 2019 the Reverend Susan Atkinson-Jones was appointed full-time stipendiary Priest-in-Charge at Green Street Green and Pratts Bottom and Associate Priest of Chelsfield Parish. Susan will become Rector of the two parishes when the new Benefice comes into effect on 1 June 2021.

The Reverend John Tranter remains Priest-in-Charge of Chelsfield and Associate Priest of Green Street Green and Pratts Bottom until his retirement.

After the retirement of the Reverend John Tranter it is hoped that another stipendiary priest will be appointed as an Associate Rector to be based at the Rectory in Chelsfield.

At the moment each parish’s vicars, church wardens, treasurers and lay ministers are meeting, in order to harmonise all operations across both parishes.

We have still been unable to appoint a Head of Fabric for St Mary’s. We are still looking for someone for this post.

In October Sue Berry was appointed as Planned Giving Secretary for St Mary’s church.

Fabric

The main fabric item in 2020 was the work on the Lady Chapel – see the Financial Review for details.

2

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

Worship, Mission and Outreach

The shared ministry with Chelsfield saw us begin the year 2020 with a 2 priest parish with 4 churches to cover, early morning services were as follows:

1[st] Sunday: Communion Service at 8.30 a.m. at St. Mary’s 2[nd] Sunday: Communion service at 8.30 a.m. at All Souls 3[rd] Sunday: Communion service at 8.30 a.m. at St. Mary’s 4[th] Sunday: Communion service at 8.30 a.m. at All Souls 5[th] Sunday: United Service (no early morning service)

The 10 a.m. morning service at St. Mary’s and the 10.30 morning service at All Souls remain unchanged.

The lockdowns and social distancing restrictions as a result of the coronavirus pandemic meant the churches were closed at various times during the year. However we have continued to broadcast services through the medium of Twitter.

The Parish has continued its ministry to Foxbridge House Care Home, providing regular chaplaincy services, as allowed by the pandemic restrictions.

During the year: we officiated at 8 funerals.

Some of the social groups met early in the year but all have now ceased due to social distancing requirements.

All Souls utilised digital technology to hold a virtual tombola and virtual Farmers’ Markets.

Richard Jones resigned as the Global Vision Director in June 2020. We will be reviewing our priorities for mission and ministry over the next 12 to 18 months.

We gave £3,500 to the Five Talents charity. We have a partnership with Butere Diocese, Kenya through Five Talents.

Financial review

A large part of the decrease in total receipts is due to a decrease in tax recoveries, £10,209, the main reason for which is part of the planned giving switching from Gift aided giving to nonGift aided giving.

3

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

Another significant part of the reduction is due to the restrictions brought about by the pandemic. The periodic closure of the churches reduced collections by £2,398. Fund raising activities were reduced by £3,015. The St Mary’s church centre income was reduced by £6,433.

Unrestricted donations and legacies fell by £2,274.

Fees for weddings and funeral continues to fall at £1,095 (2019 £1,876).

Almost a third of the decrease, £12,000, is due to the reduced Diocesan Parish Offer. Further reductions in expenditure partly as a result of Covid 19 restrictions are:

Reduced income led to a reduction in charitable giving of £2,687. Unrestricted non-recurring expenditure also decreased by £1,924.

4

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Parochial Church Council (“PCC”) is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Measure and is registered as a charity with the Charity Commission.

The PCC held 6 meetings during the year with an average level of attendance of 98% (2019 – 86%). Committees met between meetings and minutes of their deliberations were received and discussed by the full PCC.

Membership of the PCC

Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting (“APCM”) in accordance with the Church Representation Rules. PCC members are responsible for making decisions on all matters of general concern and importance to the Parish including deciding on how funds of the PCC are to be spent.

During the year, the following served as members of the PCC:

Incumbent Priest in Charge the Rev’d Susan Atkinson-Jones Chairman Associate Priest the Rev’d John Tranter Wardens Brenda Johnson Judith Simmonds Treasurers Michael Holmes until Sept 2020 Treasurer Sara Beswetherick co-opted Nov 2020 Treasurer Phillip Southby Assistant Treasurer Elected members Helen Jackson Secretary to the PCC Karen Harcombe Matt Million Harriet Tumuslime-Otunnu until Jan 2020 Elizabeth Moss Helen Coomber Sheila Brown from Oct 2020

Representatives on the Deanery Synod

Brenda Johnson Les Jackson

5

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

Others in authorised ministry

Readers Gillian Garman, Karen Harcombe, Richard Jones and Phillip Southby
(PTO)
Licensed Lay Minister Les Jackson (PTO)
Officers of the Church
Disclosure Officer Operated from the Parish Office
Safer Recruitment
Officer Fiona Laurance
Parish Safeguarding Officer for
Children & Vulnerable Adults Karen Harcombe
Electoral Roll Officer Colin Mason
Health & Safety & Fire Officer Colin Mason
Data Protection Officer Colin Mason

Committees

The PCC operates through a number of committees which meet between the full meetings of the PCC.

Standing Committee

This is the only committee required by Church regulations. It has the power to transact the business of the PCC between its meetings, subject to any directions given to it by the PCC. It is specifically responsible for finance of the Parish and personnel issues. This committee now meets as and when required, rather than at regular intervals.

Other Committees

Members of the Parish meet together from time to time and report to the PCC on youth, outreach, social and fund-raising matters, fabric and financial resources.

Risk management

The major risks, to which the PCC is exposed, as identified by the members of the PCC, have been determined and reviewed and risk assessments and corresponding mitigating measures recorded. Risk assessment has been extended to include vulnerable adults and the elderly, and this year, consequences of the pandemic.

OBJECTIVES AND ACTIVITIES

The PCC has the responsibility of co-operating with the priest in charge in promoting within the Parish the whole mission of the Church - pastoral, evangelistic, social and ecumenical. It delivers public benefit

6

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

through acts of public worship open to all; the provision of sacred space for personal reflection and contemplation; pastoral work, including visiting the sick and bereaved; and teaching Christianity through sermons and small groups. Our services and worship put faith into practice through prayer and Scripture, music and sacrament. The PCC also has maintenance responsibilities for St Mary’s Church and Centre, All Souls Church and Hall and 9 Ringwood Avenue, Pratts Bottom.

In addition we have complied with the duty under Section 5 of the Safeguarding and Clergy Discipline Measures 2016 having due regard to House of Bishop’s guidance on safeguarding children and vulnerable adults.

When planning the activities for the year, the PCC and ministers have considered the Charity Commission’s guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. In particular, the PCC and ministers try to enable ordinary people to live out their faith as part of the parish community through:

Policy on reserves

It is the policy of the PCC to try to maintain unrestricted funds held by the Parish and not committed or invested in fixed assets (net of the linked equity sharing loan in respect of 9 Ringwood Avenue) (“the free reserves”) at between 3 and 6 months of expenditure. At this level, the PCC considers that they would be able to continue the current activities of the Parish in the short term in the event of a significant drop in funding while consideration was given as to how the funding lost could be replaced or activities changed.

For 2020, 3 and 6 months of recurring expenditure amounted, respectively, to £34,000 and £68,000. Free reserves at 31 December 2020 amount to £97,000 (2019 £81,000).

Charity policy

It is the policy of the PCC to be able to give to charitable and mission causes, out of general funds. a sum equal to 10% of unrestricted incoming resources from donors. In order to harmonise this policy with our future benefice Chelsfield parish, from 1[st] January 2020, this charitable giving also includes special and Lent collections, these are also for charities.

Our Mission policy means that the charity fund may not be all distributed within the year and the fund may grow. Despite this, the intention will be to give the 10% of unrestricted incoming resources from donors, but as this may take longer than a year to distribute, the fund may grow in monetary value. If this is the case, then the fund value will be carried forward to be used in future years until exhausted. In early January 2021, the PCC agreed to issue £2,452 to various charities.

During the year a Dorcas Fund was set up in order to allow confidential donations to be made to those suffering hardship, particularly as a result of the pandemic. Decisions on donations from the Fund are made by Reverend Susan in conjunction with the Wardens. The PCC agreed an initial amount of £1,000

7

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

to be allocated to the Fund followed by a further £1,400. Donations paid out of the Fund amount to £1,300, leaving £1,100 still to be distributed.

Voluntary help

No monetary value is placed in these accounts on the very significant amounts of voluntary help provided by many church members without which the Church in the Parish could not continue to function in its present manner.

On behalf of the PCC

Rev’d Susan Atkinson-Jones (Chairman)

Sara Beswetherick (Treasurer)

Date …………………

8

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

adventus accounting solutions Supporting Charitable Organisations

12 March 2021

Independent Examiner’s report to the Member/Trustees of Green St Green and Pratts Bottom (St Mary’s with All Souls)

I report on the accounts for the year ended 31 December 2020 which are set out on the pages following.

Respective responsibilities of the Trustees and Independent Examiner

The church’s trustees are responsible for the preparation of the accounts. The church’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to

Basis of Independent Examiner’s Statement

My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 accounts, 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.

9

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

Independent Examiner’s statement

In connection with my examination, no matter has come to my attention:

Yours sincerely

Martyn Burt

B.Sc.(Hons), ACMA, CGMA

adventus accounting solutions Ashby Acres Chapel Lane Ashby-cum-Fenby Grimsby DN37 0QT

e-mail: martyn.burt@btinternet.com or adventusaccounting@btinternet.com Telephone: 07523 6229679

10

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

Note
INCOME &
ENDOWMENTS
Income from donations
2(a)
Income earned from other
activities
2(b)
Other income
2(c)
TOTAL INCOME &
ENDOWMENTS
EXPENDITURE
Expenditure on church
activities
3(a)
Cost of raising funds
3(b)
Non-recurring expenses
3(c)
TOTAL EXPENDITURE
NET MOVEMENT IN
FUNDS
TOTAL FUNDS
BROUGHT FORWARD AT
1 JANUARY
Transfers
4
TOTAL FUNDS CARRIED
FORWARD AT
31 DECEMBER		 Unrestricted
funds
£
138,639
12,828
245
151,712
135,589
690
136,279
15,433
81,245
£96,678		 Designated
funds
£
95
95
(1,391)
15,432
14,041
(13,946)
99,377
-
£85,431		 Restricted
funds
£
873
136
1,009
1,936
1,936
(927)
27,927
-
£27,000		 Restricted
funds
£
873
136
1,009
1,936
1,936
(927)
27,927
-
£27,000		 Total Funds

The notes on pages 13 to 19 form part of these accounts.

11

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

BALANCE SHEET AT 31 DECEMBER 2020

Note
FIXED ASSETS
Tangible fixed assets
7
CURRENT ASSETS
Debtors
8
Short term deposits
Cash at bank and in hand
TOTAL CURRENT ASSETS
LIABILITIES : AMOUNTS FALLING DUE
WITHIN ONE YEAR
9
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
LIABILITIES: AMOUNTS FALLING DUE IN
MORE THAN ONE YEAR
10
TOTAL NET ASSETS
PARISH FUNDS
Unrestricted
Designated
4
Restricted
4		 2020
£
120,700
10,697
60,616
96,236
167,549
(29,140)
138,409
259,109
(50,000)
£209,109
96,678
85,431
27,000
£209,109		 2019
£
124,239
56,010
57,139
50,857
164,006
(29,696)
134,310
258,549
(50,000)
£208,549
81,245
99,377
27,927
£208,549

Approved by the PCC on 29[th] March 2021 and signed on its behalf by:

Rev’d S Atkinson-Jones Chairman Sara Beswetherick Treasurer

The notes on pages 13 to 19 form part of these accounts.

12

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

Basis of preparation

The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, together with applicable accounting standards including the application of the relevant SORP 2015.

The financial statements have been prepared under the historical cost convention.

The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of groups that owe their main affiliation to another body (e.g. Guides), nor those that are informal gatherings of church members.

Funds

General funds represent the funds of the PCC (both unrestricted and undesignated) that are not subject to any restrictions regarding their use and are available for application to the general purposes of the PCC. Designated funds are set aside by the PCC for specific purposes such as investment in fixed assets and anticipated Church repairs. The purpose of restricted funds is noted in the accounts.

Income & Endowments

Collections are recognised when received by or on behalf of the PCC. Planned giving receivable is recognised only when received. Income tax recoverable on Gift Aid donations is recognised when the income is recognised. Funds raised by fetes, Christmas bazaars and similar events are accounted for gross of expenses incurred. Rental income from the letting of Church properties is recognised when the rental is due. Donated goods and services are recognised as income at their value to the Parish when received. However no monetary value is placed in these accounts on the very significant amounts of voluntary help provided by many church members.

Expenditure

Diocesan Parish Offer is accounted for when due to be paid to the Diocese. Donated goods and services consumed in the year are recognised as expenditure at their value to the Parish when received.

Fixed assets

Consecrated and beneficed property of any kind is excluded from the accounts by S10 (2) (a) and (c) of the Charities Act 2011. Hence St Mary’s, All Souls and St Mary’s Church Centre are excluded from the balance sheet. The insured property values of St. Mary’s and All Souls are, respectively, £4,189,000 and £470,000.

Moveable church fittings and furnishings held by the Vicar and Church Wardens on special trust for the PCC and which require a faculty for disposal are accounted for as inalienable property unless consecrated. For inalienable property acquired prior to 2001, there is insufficient cost information available and therefore the assets are not valued in the accounts. Hence, for example, the St Mary’s and All Souls organs are excluded from the balance sheet. Items acquired since 1 January 2001 are capitalised and depreciated over their estimated useful economic lives on a straight-line basis.

All expenditure incurred during the year on consecrated or beneficed property, whether maintenance or improvements, is written off. Expenditure on the repair of moveable church furnishings acquired before 1 January 2001 is written off in the period in which it is incurred.

Other land and buildings held on behalf of the PCC for its own purposes are carried at cost less any depreciation. The house at 9 Ringwood Avenue is being depreciated on a straight-line basis over 100 years - depreciation is calculated on the cost of the Parish’s interest in 9 Ringwood Avenue less the associated £50,000 loan because this loan is an equity sharing loan. The All Souls’ Church Hall is depreciated on a straight-line basis over 25 years and is now fully depreciated.

Donated fixed assets are recognised at their value to the Parish when received and are subject to depreciation.

Equipment used within the church premises is depreciated on a straight-line basis over 4 years except for church furniture which is depreciated on a straight-line basis over 25 years and the sound systems which are depreciated over 10 years. Individual items of equipment costing less than £1,000 are written off as incurred.

13

2 INCOME & ENDOWMENTS

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 (CONTINUED)

2(a)
2(b)
2(c)		 Voluntary income
Planned giving:
Gift aided giving
Income tax recoverable
Other planned giving
Collections
Sundry donations and legacies
Collections etc for missions
and charities
Income earned from other
activities
Fees for weddings and
funerals
Church Centre lettings – local
community use
Fetes, bazaars and other fund
raising events
Society and club income
Other income
Interest
TOTAL INCOME &
ENDOWMENTS		 St Mary’s
65,267
11,341
24,546
470
787
102,411
9,513
246
9,759
245
£112,415		 Unrestricted funds
All
Souls
Parish
Wide
25,752
6,465
960
106
2,945
36,228
-
1,095
30
1,944
1,974
1,095
-
£38,202
£1,095		 Unrestricted funds
All
Souls
Parish
Wide
25,752
6,465
960
106
2,945
36,228
-
1,095
30
1,944
1,974
1,095
-
£38,202
£1,095		 Unrestricted funds
All
Souls
Parish
Wide
25,752
6,465
960
106
2,945
36,228
-
1,095
30
1,944
1,974
1,095
-
£38,202
£1,095		 Unrestricted funds
All
Souls
Parish
Wide
25,752
6,465
960
106
2,945
36,228
-
1,095
30
1,944
1,974
1,095
-
£38,202
£1,095		 Designated Designated
Restricted
funds
Appeal
funds,
clubs
and
societies
873
873
136
136
£1,009		 TOTAL FUNDS
2020
2019
91,019
116,094
17,806
28,015
25,506
1,561
576
2,974
3,732
11,357
873
1,227
139,512
161,228
1,095
1,876
9,543
15,976
2,190
5,205
136
187
12,964
23,244
340
452
£152,816
£184,924		 TOTAL FUNDS
2020
2019
91,019
116,094
17,806
28,015
25,506
1,561
576
2,974
3,732
11,357
873
1,227
139,512
161,228
1,095
1,876
9,543
15,976
2,190
5,205
136
187
12,964
23,244
340
452
£152,816
£184,924		 TOTAL FUNDS
2020
2019
91,019
116,094
17,806
28,015
25,506
1,561
576
2,974
3,732
11,357
873
1,227
139,512
161,228
1,095
1,876
9,543
15,976
2,190
5,205
136
187
12,964
23,244
340
452
£152,816
£184,924
All
Souls
25,752
6,465
960
106
2,945
36,228
30
1,944
1,974
-
£38,202
funds
-
-
95
£95
161,228
1,876
15,976
5,205
187
23,244
452
£184,924

14

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 (CONTINUED)

3 EXPENDITURE

3(a)
3(b)
3(c)		 Expenditure on church activities
Charitable giving
Ministry: Other Priests’ fees
Clergy expenses
Clergy housing costs
Diocesan Parish Offer
Fixed Assets acquired
Church repair fund – Churches
- Church Centre
- 9 Ringwood Ave
Church running expenses
Sacristy, organ and choir
Repairs and maintenance
Ministry team training
Discoverers and Young People
Depreciation
Society and club expenditure
directly linked to income
Parish office administrator (net
of recharges)
Church Centre running costs
(including repairs)
Stationery, stamps and books
Parish wide costs allocated to
St Mary’s and All Souls
Costs of raising funds
Costs of fetes, bazaars etc.
Cost of stewardship
Non recurring expenses
St Mary’s Church Centre roof
repairs
Vicarage and other costs
related to new incumbent
St Mary’s Lady Chapel
TOTAL EXPENDITURE		 St
Mary’s
9,770
1,340
1,219
5,035
1,064
6,360
53
11,064
66,586
102,491
-
-
£102,491		 Unrestricted funds
All
Souls
Parish
Wide
3,309
151
8,414
64,064
919
790
1,468
3,084
485
696
450
12,890
2,964
26,168
(92,754)
33,045
53
190
500
190
500
-
-
£33,235
£553		 Unrestricted funds
All
Souls
Parish
Wide
3,309
151
8,414
64,064
919
790
1,468
3,084
485
696
450
12,890
2,964
26,168
(92,754)
33,045
53
190
500
190
500
-
-
£33,235
£553		 Unrestricted funds
All
Souls
Parish
Wide
3,309
151
8,414
64,064
919
790
1,468
3,084
485
696
450
12,890
2,964
26,168
(92,754)
33,045
53
190
500
190
500
-
-
£33,235
£553		 Designated
funds
(2,259)
(1,219)
(790)
1,002
(450)
2,325
(1,391)
-
15,432
15,432
£14,041		 Restricted
funds
Appeal
funds,
clubs
and
societies
873
1,214
(151)
1,936
-
-
£1,936		 TOTAL FUNDS
2020
2019
13,952
16,993
-
105
151
1,104
8,414
10,068
64,064
76,064
9,587
12,023
1,549
4,048
8,058
12,086
-
290
53
196
3,539
4,615
(151)
108
12,890
11,064
12,228
15,323
2,964
3,423
-
-
136,134
168,674
190
384
500
500
690
884
-
6,000
-
1,924
15,432
288
15,432
8,212
£152,256
£177,770		 TOTAL FUNDS
2020
2019
13,952
16,993
-
105
151
1,104
8,414
10,068
64,064
76,064
9,587
12,023
1,549
4,048
8,058
12,086
-
290
53
196
3,539
4,615
(151)
108
12,890
11,064
12,228
15,323
2,964
3,423
-
-
136,134
168,674
190
384
500
500
690
884
-
6,000
-
1,924
15,432
288
15,432
8,212
£152,256
£177,770		 TOTAL FUNDS
2020
2019
13,952
16,993
-
105
151
1,104
8,414
10,068
64,064
76,064
9,587
12,023
1,549
4,048
8,058
12,086
-
290
53
196
3,539
4,615
(151)
108
12,890
11,064
12,228
15,323
2,964
3,423
-
-
136,134
168,674
190
384
500
500
690
884
-
6,000
-
1,924
15,432
288
15,432
8,212
£152,256
£177,770
All
Souls
3,309
919
1,468
485
696
26,168
33,045
190
190
-
£33,235
168,674
384
500
884
6,000
1,924
288
8,212
£177,770

15

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 (CONTINUED)

4 FUNDS

Designated funds
Fixed assets less related loan
Church Repair Fund:
St Mary’s Church and Church Centre
All Souls
9 Ringwood Avenue
Ministers’Sabbatical Fund
Lady Chapel Project
Total Designated Funds
Restricted funds
Appeals
All Souls Church Hall appeal (held as a
fixed asset)
St Mary’s organ appeal
St Mary’s church furniture (held as fixed
asset)
St Mary’s flower stand (held as fixed
asset)
Various legacies and specific donations
Church clubs and societies
Church - Choir
- Flowers
Youth
Total Restricted Funds		 Balance at 1
Jan 2020
£
54,191
23,791
3,524
2,439
29,754
-
15,432
£99,377
3
120
18,190
1,855
5,153
25,321
130
113
2,363
2,606
£27,927		 Incoming
resources
£
-
2,635
931
797
4,363
450
-
£4,813
873
873
136
136
£1,009		 Resources
expended/
released
£
(2,325)
-
(1,002)
-
(1,002)
-
(15,432)
£(18,759)
(3)
(1,119)
(92)
(873)
(2,087)
151
151
£(1,936)		 Balance at
31 Dec 2020
£
51,866
26,426
3,453
3,236		 Balance at
31 Dec 2020
£
51,866
26,426
3,453
3,236
33,115
450
-
£85,431
-
120
17,071
1,763
5,153
24,107
130
400
2,363
2,893
£27,000

The Church Repair Fund represents funds put aside for fabric maintenance.

The Ministers’ Sabbatical Fund represents funds put aside to allow parish ministers to take a sabbatical. The Lady Chapel project is discussed on page 3.

16

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 (CONTINUED)

Salaries and honoraria
Social security costs		 2020
£
15,283
-
£15,283		 2019
£
16,135
-
£16,135

During the year, the PCC employed the Parish Administrator and, in line with Government requirements, a pension scheme has been set up for the Parish Administrator. The clergy were employed by the Diocese of Rochester. Since 2015, the Diocese has required the parish to offer a single contribution to cover both the previous Parish Share and stipends. Thus stipends are not a direct cost to the Parish. Both the St Mary’s and All Souls organists and sound desk operators were paid fees or honoraria. No one earned £50,000 pa or more.

6 RELATED PARTY TRANSACTIONS

No payments or expenses were paid to any PCC member, persons closely connected to them or other related parties.

Donations and planned giving received in 2020 from related parties (PCC members and their close family) amount to £24,844.

7 FIXED ASSETS

GROSS BOOK VALUE
At 1 January
Additions
At 31 December
DEPRECIATION
At 1 January
Charge for the year
At 31 December
NET BOOK VALUE
At 31 December 2020
At 31 December 2019		 9 Ringwood
Avenue
(Note 10)
£
107,424
-
107,424
15,368
574
15,942
£91,482
£92,056		 All Souls
Church Hall
£
8,181
-
8,181
8,177
4
8,181
-
£4		 Parish
equipment
£
92,861
-
92,861
60,682
2,961
63,643
£29,218
£32,179		 TOTAL
£
208,466
-
208,466
84,227
3,539
87,766
£120,700
£124,239

17

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 (CONTINUED)

8 DEBTORS

Income tax recoverable
St Mary’s Church Centre rents and other debtors		 2020
£
9,458
1,239
£10,697		 2019
£
55,697
313
£56,010

9 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR

Charities
Sundry accruals		 2020
£
(23,644)
(5,496)
£(29,140)		 2019
£
(25,513)
(4,183)
£(29,696)

10 LIABILITIES: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR

Church of England Commissioners equity sharing loan in respect of 9 Ringwood Avenue 2020
£
£(50,000)		 2019
£
£(50,000)

The covenant agreement on 9 Ringwood Avenue initially stated it was for use by a “full time” minister, lay or ordained. However all parties subsequently agreed in correspondence to waive the “full time” requirement for certain specified priests. During 2019 the Reverend Ruth Murfitt occupied 9 Ringwood Avenue while operating full time as Priest in Charge until she retired at the end of July 2019. Since then the house has been unoccupied but, with the knowledge of all parties to the covenant agreement, consideration is being given as to whether/how the house could be used within the terms of the agreement or whether it should be sold.

11 ANALYSIS OF ASSETS BY FUND TYPE

Fixed assets
Current assets
Current liabilities
Longer term liabilities
Balances between unrestricted
and restricted funds		 Unrestricted
funds
£
-
134,065
(28,818)
-
(8,569)
£96,678		 Designated
funds
£
101,867
33,114
-
(50,000)
450
£85,431		 Restricted
Funds
£
18,833
370
(322)
-
8,119
£27,000		 Total
£
120,700
167,549
(29,140)
(50,000)
-
£209,109

18

PARISH OF GREEN STREET GREEN AND PRATTS BOTTOM (ST MARY’S WITH ALL SOULS)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 (CONTINUED)

CHARITY ACCOUNT
Boxes, donations
special collections
& special events
General
funds

Church Army
500
Bromley Welcare
500
I Care Centre
3,000
Oxtrad
500
Parish of Raiwind, Pakistan
Royal British Legion
Hounds for Heroes
Crisis
26
Five Talents
3,500
Children’s Society
26
Spring Partnership Trust
The Bishop’s Charity – Companion Dioceses
Bromley Foodbank
556
1,000
Salvation Army – Australian Bushfires
265
Dovetail 2
2,500
Maypole Project
2,000
Gideons
200
Dorcas Fund
1,300
£873
£15,000
2019
£1,227
£7,072		 2020
Total

500
500
3,000
500
-
-
-
26
3,500
26
-
-
1,556
265
2,500
2,000
200
1,300
£15,873		 2019
Total
1,000
1,000
290
770
822
100
275
-
3,500
146
150
246
-
-
-
-
-
-
£8,299

In line with the Global Vision, as detailed in the Review of the Year, any funds raised for Charitable Activities that have not been allocated in the year raised are held over for future planned and yet to be planned mission activities,

Charity account at 1 Jan 2020
Raised during the year
Allocated during the year
Charity account at 31 December 2020		 2020
£
24,327
13,952
(15,873)
£22,406

It was previously noted that Sophie Moss received £200 in January 2020 towards going to India with the Guides to do charity work during the summer holidays. This trip has now been cancelled and the Guide Association are in the process of refunding the money.

19