**ANNUAL PAROCHIAL CHURCH MEETING The Parish Church of St Andrew** **Sunday 11 July 2021 Written Reports for 2020** the church of st andrew, SERVING CHARVIL, SONNING and sonning eye ## **ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL (PCC) OF THE ECCLESIASTIVAL PARISH OF SONNING For the year ended 31st December 2020** **Incumbent: The Revd. Jamie Taylor, The Vicarage, Thames Street, Sonning, RG4 6UR** **Independent Examiner: Banks & Co, Newbury, Berkshire** Aim and Purpose To provide: - Regular public worship that is open to all - Sacred space for personal prayer and contemplation - Pastoral work which includes visiting the sick and the bereaved - The teaching of Christianity through sermons, courses and small groups - The leadership of religious assemblies in schools - The promotion of Christianity through the staging of events and meetings, and in the distribution of literature - Promotion of the mission of the Church through provision of activities for all ages in our Parish - Support of other charities in the UK and overseas ## **Objectives and Activities** The PCC is committed to enabling as many people as possible to worship in our parish and to become part of our parish community within Sonning, Sonning Eye and Charvil. The PCC vision is to: - Serve better those who choose to worship with us and share a journey in faith - Reach out and draw others to the knowledge and love of God - Attend to the pastoral needs of those around us (As individuals and as an organisation) - Preserve our Anglican heritage - Engage with our local community and find new ways to serve it When planning our activities for the year, the Incumbent and the PCC have considered the Commission’s guidance on public benefit and in particular the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through: - Worship – Learning about the Gospel and developing their knowledge and trust in Jesus - Mission and pastoral care – Giving to others and the provision of pastoral care for people living in the parish - Buildings and Maintenance - To facilitate this work it is important that we maintain the fabric of our church - Social – Arranging social events throughout the year ## **Administrative Information** The Parish of Sonning encompasses the thriving communities of Sonning, Sonning Eye and Charvil, located between Reading and Henley-onThames in a beautiful section of the Thames Valley. We have a growing congregation and are welcoming and uplifting, embracing the broad Anglican tradition. The correspondence address is: St Andrew’s Church Office Thames Street Sonning READING Berkshire RG4 6UR The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006) and a charity registered with the Charity Commission. (Registered Charity Number: 1130763) During the year, the following served the Parish: Incumbent (and Chairman) Revd Jamie Taylor Associate Vicar Revd Kate Toogood Licensed Lay Minister Bob Peters Youth Minister Chris West Churchwardens Perry Mills (normally 5 year term) Stuart Bowman Deputy Churchwardens Mark Jordan _(retired APCM 11 October 2020)_ Liz Nelson Sue Peters Simon Darvall _(appointed APCM 11 October 2020)_ Molly Woodley _(Emeritus Deputy Warden from APCM 2019)_ Treasurer Richard Moore Secretary Hilary Rennie Representatives on the Sonning Deanery Synod (normally 5 year term) (Total elected: 4) Bob Hine Mark Jordan _(retired APCM 11 October 2020)_ Rory Symes Molly Woodley Other PCC Members Rachel Argent _(re-appointed APCM 11 October 2020)_ (normally 3 year term) Helen Craig _(appointed APCM 11 October 2020)_ Sandra Grist Tom Jeffery Emma Leggett Jenny Sawyer Alison Smyly _(re-appointed APCM 11 October 2020)_ The PCC only met on 2 occasions during the year due to the Covid pandemic and the average attendance at these meetings was 67% ## **COMMITTEES** The PCC operates through a number of committees, which meet between the full meetings of the PCC. These are: ## **Standing and Finance** This is the only committee required by law and has power to transact the business of the PCC between meetings, subject to any directions given by the Council. Members are the Incumbent, the Churchwardens, the Treasurer and the Secretary. ## **Buildings and Maintenance** This committee attends to matters relating to stewardship of the church buildings and fabric. Chairman: Perry Mills ## **Mission and Pastoral** This committee attends to matters concerning external giving from the Parish. Chairman: Revd Jamie Taylor ## **Social** This committee is responsible for arranging social events. Chairman: Sue Peters ## **The Parish Magazine** Delivered free to every house in the parish. Editor: Bob Peters Advertising and Distribution: Gordon Nutbrown ## **ELECTORAL ROLL** At the APCM in October 2020 there were 229 people on the Electoral Roll. The total number on the new 2021 Electoral Roll is 226. ## **THE VICAR’S REPORT** 2020 is not a year any of us will look back on with great fondness. As a church, we were forced to close our doors to all visitors, including me! This was a silly overreaction from panicky Archbishops and I actually now wish that we had ignored their instructions, but hindsight is a wonderful thing. The problem with locked doors was that it presented an image of a frightened church in retreat. Happily for us at St. Andrew’s this couldn’t have been further from reality. We realised in those first few days of lockdown that we needed to do something different to meet the challenges of this unprecedented situation and so the St. Andrew’s Shepherds were born. Liz Nelson did a sterling job in getting it off the ground and about 70 parishioners volunteered, and the benefits are still being felt now. Many of us had to adapt, with varying degrees of success and frustration, to Zoom meetings and church went on-line, something that, whilst necessary at the time, is not, in my view, a medium that lends itself to the worship of Almighty God. The sight of the Archbishop of Canterbury officiating on Easter Sunday from his kitchen table when he has two chapels in Lambeth Palace is a case in point. The Sunday Club and STAY on Sunday leaders adapted magnificently, as did the choir, and so some degree of continuity was achieved when some churches just went to sleep and have yet to wake up from what I can see. We were saddened to have to suspend Rendezvous and STAY on Friday but simply had no choice. It all seems a blur now, but I am so pleased we stuck our necks out to carry on with Christmas 2020 when every other church in our locality, including St. George’s, Windsor, had shut up shop, even though carrying on was legal. Good for us I say! I have complete admiration for all my colleagues through this period and thank them warmly for their work and ministries and also for their support for me, something that has been particularly welcome in this period. Hilary adapted brilliantly to working from home and keeping everyone connected through news sheets and emails and I have heard from many of you just how much you have appreciated this. We were very pleased to welcome the new digital organ in July 2020 and, although still not being used to its full potential because of Covid, it is proving to be a marvellous addition to our worshipping life. I am grateful to the historic old Vicarage Maintenance Trust who paid their remaining funds over to this project of about £30,000. The sponsor a stop campaign has yielded another £21,600, the Listed Places of Worship Scheme covered the VAT of £12,000 and the Blue Coat School donated £2,000, leaving the PCC to pay just under £8,000. The dreaded death toll in the early days of lockdown failed to materialise in this parish, something that is a huge relief to us all. I was asked to count out remaining grave spaces by the local authority in March last year, which was a sobering task, but, thanks be to God, we haven’t lost a single member of the congregation to the virus. As most of us have now had both jabs, let us hope that a corner is being turned and that normal life can resume shortly. Jamie **TREASURER'S REPORT** ## **Financial Review** The PCC ended the year with a total net income of £50,636 compared to £4,895 for the previous year. Total income for the year was £324,511. There were grants received of £127,888, which included £84,750 from The Bull Inn Ecclesiastical Trust and £30,168 from The Sonning Vicarage Maintenance Trust in respect of the digital organ project. A legacy of £24,224 was received during the year. Planned Giving increased over the prior year, as more givers moved to standing orders. Income from collections and weddings was down due to the restricitons on services in place during the year. Restricted Investment Income of £6,541 was received, mostly for the Churchyard and St Andrew’s building maintenance. Major items of expenditure in 2020 included £73,500 on the purchase and installation of a new digital organ. Church service and mission costs were lower during the year due to the various restrictions in place. The Parish Share contribution was maintained at £80,000. Depreciation for the New Hall Building, the Youth Minister’s House, and Equipment was £37,033. The cost of producing the Parish Magazine continues to be covered by the revenue from advertising and the cost of distribution continues to be funded from General Funds. Magazine production costs were lower durng the year due to a move to digital printing. Reserves policy It is PCC policy to maintain a balance on Unrestricted and Undesignated Funds (if possible), which equates to at least three months normal Unrestricted payments to cover emergency situations that may arise from time to time, and £58,000 is held in a Designated General Reserve Fund for this. The Reserve increased in 2020 to £58,175. ## **Richard Moore - Honorary Treasurer** ## **CHURCHWARDENS’ REPORT** Unprecedented times has become the normal narrative when describing the previous twelve months or so, and sadly we can offer no alternative definition to summarise the headlines of the Warden’s Report. It has been both incredibly challenging and rewarding to have been part of the St Andrews team during this period. The challenges have been obvious, as we have ebbed and flowed with the dynamics of the lockdowns and the impact on our ability to worship collectively. Yet rewards have arisen out of these challenges, and there are key people who we would like to acknowledge and convey our thanks and gratitude to: Jamie, Kate, Bob and Westy first and foremost for their continued spiritual leadership throughout the pandemic; ensuring that from the youngest to the oldest, all of our congregation had the opportunity to remain engaged in worship and connected to their parish church. Liz Nelson was integral in the introduction the St Andrew’s Shepherds, an initiative that has brought light and comfort to so many during the long periods of national lock down. Caroline and her technical skills and facilitating the Zoom Sunday Services. Chris for ensuring that music could return to the church at the earliest opportunity. Thanks also to Alison and Magnus Smyly for ensuring Sunday Club continued during lock down and to Hilary for her continued excellence in ensuring the administration of the parish is seamless. Lastly, thanks to the limited number on the Welcome Team who have ensured that worship has been safe and as normal as possible – Hilary, Simon Darvall, Richard Moore, Helen Craig, Liz Nelson, Nick Sawyer and Sue Peters. ## **Stu Bowman and Perry Mills - Churchwardens** ## **SAFEGUARDING REPORT** The PCC has complied with the duty to have due regard to the House of Bishops’ Safeguarding Policy and Practice Guidance. The PCC has adopted the model Parish Safeguarding Policy from the Diocese of Oxford.The PCC has a policy on recruitment and follows the safer recruitment advice for paid and volunteer roles. Safeguarding training has been provided to those in paid and volunteer roles. Safeguarding concerns were raised with the Diocese on one occasion in 2020. This was investigated by the Oxford Diocese Safeguarding Team and the Archdeacon of Berkshire's Office and found to be unsubstantiated with no on-going safeguarding risk. ## **Rachel Argent, Safeguarding Officer** ## **BUILDINGS & MAINTENANCE COMMITTEE** Not surprisingly, with us all having to stay away for months on end as part of our lockdown response, it’s been much quieter in terms of works, general or non-scheduled maintenance, being carried out. As you’d expect, all essential servicing and scheduled maintenance works have been kept up to date and apart from a watching brief to make sure all our buildings are safe, we really have had a lot less to do. We’ve extended some security protection to our Mower store and have undertaken some general tidying of various trees and bushes in and around the churchyard. We’re still trying to assess the rising damp issues in the church and we’ve some enquiries out to a few qualified specialists to meet with us to inspect and advise. ## **Perry Mills - Chairman** ## **SOCIAL COMMITTEE** Due to the Covid pandemic there have been no social events in the year to 31 December 2020. We hope to resume social events as soon as Government restrictions are lifted. ## **Sue Peters** ## **OTHER REPORTS** Due to the Covid pandemic reports are not being presented for the various activities usually running at the church in more normal times. Reports for these activities will be presented at the 2022 APCM when Government restrictions have been fully lifted. ## **THE PARISH OF SONNING - Giving outside the Parish 2020** It was agreed at the PCC on 27 January 2016 that the list of recipients presented to that meeting would remain largely the same for 5 years, unless there were significant reasons for any variation, with a view to supporting smaller, largely local, organisations and giving amounts that would be more significant to them. A range of areas are covered, including Christian outreach, older people, children and families, health and homelessness. The PCC is also committed to supporting the worldwide church and in view of the continuing situation in the Middle East we are supporting Foundation for Relief and Reconciliation in the Middle East (FRRME), a UK based Christian charity which aims to rebuild lives and restore hope in the Middle East. At the same time, it was agreed to maintain a small reserve, from which specific requests might be met during the year. Donations made during 2020 were as follows: |**Charities in the parish and local area:**||| |---|---|---| |Age Concern Twyford & District|£ 750|| |Sonning School and School House Trust|£1,500|| |Woodley Foodbank|£ 750|| |Yeldall Christian Centre|£ 750|| |Total of charities serving the parish and local area||£ 3,750| |**Charities serving the wider local area:**||| |---|---|---| |Berkshire Clergy Charity|£ 750|| |Christian Community Action (CCA)|£ 750|| |Parents and Children Together (PACT)|£ 750|| |Salvation Army, Reading|£ 750|| |Faith Christian Group|£ 750|| |TVC Air Ambulance|£ 750|| |Total of charities serving the wider local area||£ 4,500| **Charities serving internationally:** Chernobyl Children's Lifeline (Ukraine) £ 750 FRRME £2,000 Karuneipuri Orphanage (India) £1,000 Charities serving internationally £ 3,750 **TOTAL GIVING OUTSIDE THE PARISH 2020** **£12,000** Sonning Parochial Church Council Reglstered Charlty No 1130763 FINANCIAL STATEMENTS of the Parochial Church Council for thè year ended 31 December 2020 INCUMBENT The Revd. Jamie Taylor The ViGarage Thames Street Sonning INDEPENDENT EXAMINER Banks & Co. I Camegie Road Newbury The Parochial Church Councll {PCC) of the Eccleslastical Parish of Sonnlng During the year, the followlng served the Parlsh.. Incumbent {and Chalrmanl Associate VScar Licensed Lay Mlnlster Youth Minister Revd Jamie Taylor Revd Kate Toogood Bob Peters Chrfs West chu￿hWardens Perry Mills stuart Bowman Deputy Churchwardens Mark Jordan (retired APCM 11 October 2020) Nelson Sue Peters Simon Darvall (appointed APCM 11 October 2020) Molly Woodley (Emeritus Deputy Warden} Treasurer Rlchard Moore Secretary Hilary Rènn16 Representstlves on the Sonnlng Deanery Synod (normally 5 year term} Bob Hine Mark Jordan (retired APCM 11 October 2020) Rory Symes MolSy Woodley other PCC Members (normally 3 year term} Rachel Argent {re-appolnled APCM 11 October 2020) Helen Craig (appointed APCM 11 October 20201 Sandra Grist Tom Jeffery Emma Leggett Jenny Sawyer Alison Smyly {r6-appointed APCM 11 October 2020) The method of appointment of PCC members is set out in the Church Representatlon Rules. At St Andrew'$ the member$hlp of the PCC ¢on8lsts of the incumbent lour vScar}, churchwardens, the as$ociale vicar, the Ilcensed lay ministér snd members elected by those members of the congregation who are on the electoral role of the church. The PCC members are responsible for making declsions on all matters of general concern and importance to the parish, including deciding on how the funds of the PCC are to be spent, New members receive initial trainlng into the worklngs of the PCC. The PCC only met on 2 occ8slon8 duiing the year due to the Covid pandemlc and the averag8 atlendan¢e at these meetings was 67%. Admlnl8trntlva Informatlon The Parish of Sonnlng encompasses the thriving communities of Sonning, Sonning Eye and Charvil, located be￿een Reading and Henley-on-Thames in a beautiful section of the Thames valley. We h8ve a growing eongregatlon and are welcoming and uplifh'ng, embracing the broad Anglican tradition. The correspondence address is: St Andrew's Church Office Thames Street Sonnlng READING Berkshlre RG4 6UR The PCC is a body corporate IPGC Powers Measure 1956, Church Represenlation Rules 2006) 8nd a charfty registered with the Charity Commission {Reglstered Charty Number. 11307631. Alm and Purpo8& To provide.. Regular publlc worshlp that is open to all Sacred space for personal prayer and contemplation Pasloral work whi¢h in¢ludes visiting the stck and the bereaved The leaching of Christianity through semions, coursos and small groups The leadership of rellgiou8 assemblies in 8¢hools The promotion of Christianity through the staging of events and meetings, and in the distribution of literature Promotion of the mission of the Church through provision of activities for all ages in our Parish Support of other charities in the UK and overseas Objectlves and Actlvltles The PCC Ss ¢ommitted to enabllng as many people as possible to worshlp in our parish and to become part of our parish community within Sonning, Sonning Eye and Charvil. The PCC vlsion is to.. Serve better thos8 who choose to worship wtth us and share a loumey in falth Reach out and draw others to the knowledge and love of God Attend to the pastoral need8 of those around us {As Sndividuals and a8 an organisation) Preserve our Anglican heritage Engage wllh our lo¢al community and find new ways to serve It When planning our actTvilies for the year, the Incumbent and the PCC have considered the Commlssion's guidance on public benefit and in particular the specific guidance on ¢harities for the advancement of religion. In partlcular, we ty to enable ordinary people to Ilve out thelr falth as part of our parlsh communlty through.. Worship- Leaming about the Gospel and developing their knowledge and trust In Jesus Mission and pastoral care- Giving lo others and the provision of pastoral care for peopl6 living in the parish Buildings and Maintenance- To facilitate this work it is important that we maintain the fabrfc of our chur¢h Social- Arranging social events throughout the year Commlttees The PCC operates through a number of committees, whSch meet between the full meetings of the PCC. These are.. Slandlng and Finance This is the only Gommitlee required by law and has power lo transact the bu8ine88 of the PCC btheen meetings, subject to any dlrectlons given by the Council. Members are the Incumbent, the Chur¢hwardens, the Treasurer and the Secretary. Buildings and Maintenance This commSllee attends lo matters re18ting to stewardship of the church buildlngs and fabric. Chalman.. Mr Pery Mills Mission and Pastoral This commlttee attends lo matters concerning external giving from the Parish. Chairman.. Revd Jamie Taylor. Soclal This commlttee 18 responsiblé for arranging social events. Chalmian.. Mrs Sue Peters. The Pari8h Magazlne Delivered free to every house In the parish. Edltor.. Bob Peters Adverts'sing and Distribution.. Gordon Nutbrown El￿tOral Roll At the APCM on 11 October 2020 there were 229 people on the Electoial Roll. The lotal number on the new 2021 Electoral Roll is 226 TREASURER'S REPORT Flnanclal Rovlgw The PCC ended the year wlth a lotsl net Income of £50,636 compared to £4,895 for the previous year. Total income for the year was £324,511. There were grants received of £127,888, which Included £84,750 from The Bull Inn EcclesSastl¢81 Trust and £30,168 from The Sonning Vicarage Malntenance Trust Fund in respect of the dlgital organ project. A legacy of £24,224 was received during the year. Planned Glvlng Increased over the prior year, as more giver8 moved to stsnding orders. Income from collections and weddings was down due to the restriotions on services in place duiing the year. Restricted Investment Income of £6,541 was recelved, mostly for the Churchyard and St Andrevls building mainlenan¢e. Major items of expendllure in 2020 Included £73,500 on the purchase and Inslallallon of a new digital organ. Chureh Servi￿ and mlsslon costs were lower during the year due lo the varlous restri¢Uons in place. The Parish Share contribution was maintained al £80,000. Depreclafjon for the New Hall Building, the Youlh Minister's House and Equipment was £37,033. The eosl of producing the Parish Magazine continues to be covered by the revenue from advertising and the cost of distrlbution continues to be funded.from General Funds. Magazine pr￿uCtiOn costs were lower during the year due to a move to digital printing. Resorvès policy It Ss PCC policy to maintain a balance on Unrestrictsd and Undesignated Funds lil possible), which 8qu8tes to at least three months normal Unwtricted payments to cover emergency srf£ualions that may arise from time to time, and approximately £58,OQO is held in a Designated General Resetve Fund for this. The Reserv8 Increased 2020 to £58,175, Rlchard Moorg - Honorary Troasurer Parish of Sonnlng statement of Financial Act￿ltIeS For the poriod from 1 January 2020 to 31 Docomb&r 2020 Notés Unro8trlctgd Re8trlctgd EndowThfjnt funds funds funils Total funds Piioryear totsl funds In¢omgand9ndowmgnl8 from.. Voluntary Ineome ActI￿tIeS for G8n8raUng Fund8 Incomg from Investmént5 Church acthrftles Other IncornL¥ 282,075 27,189 1,012 282,76D 27,189 7,564 7,009 277,710 25,800 251 6.291 15,738 Total Incomg 317,285 936 324612 326,800 Expendlture on." Chur¢h a¢tMtles Raising Funds 247,941 82 33.815 6.291 288,047 62 3Sg,134 433 Totsl expgndlture 248,003 33,816 6,291 268,109 359,567 Net In¢om8llExp•ndlturel bofore Inve¥tment Galn8 89,282 132,879) 36N03 132,687) Na¢ Galn8llLo$g•51 on invtstmants Ngt Sncome 18321 68M60 578 14,487 14,233 60,836 37,682 132,3011 11A23 14,487 4A95 Transfers batr￿an Funds 111N231 Net movem¢nt In funds 57.027 120,8761 14,467 60,838 4,895 ReconelllaNon olFunds Totsl fundg brought forward 1ts4,603 1,286,883 209.812 1,661,298 1,fj46N03 Totsl funds carrled forward 211,630 1,26fj,005 224.299 1,701,934 1,651,298 Pagg 5 Parlsh of Sonnlng Balance sheet As at 31 Docember 2020 Unres￿¢19d R88trl¢tsd Endowmont Th18 Yaar Funds Funds Fund8 Total Last Ygar Total FIx￿aSSets Tanglbla assets Invastments 77,582 24,891 102.273 1.160,983 8,932 1 169,916 1,238,58S 257,922 149e 487 1,191,592 243,689 224,299 224 299 1435 2a1 Cuff8nt4ssets Debtors and prepHymen15 Cash at bank and In hand 4.963 132,867 30,e28 223,241 98,772 231.839 137.830 98.772 236.602 2S3.869 Ll*blliUes Cr8dttor$'. Amounts falllng due ￿thIn on9 year 28,473 2,682 31,155 37,852 N8t current 4858ts I Illabllltlesl Total assets le5S Gurrent liabllltlo8 109,367 211,630 96.090 205,447 1,701,934 216,017 1,851,298 1,266,006 224,299 224 299 Representedby 10 General fund Oo8n Mls$lon & Development P9ri8h M8g8zln8 Gènaral RegèN Ey¢8m81 GI￿r0 New Hall Youth Franc88 Cooper Jatsjuellne Hsdida Eccl88lastkal Fund 67,168 73,600 3.461 6.898 58.178 2,425 67.168 73,500 3,461 6,808 58,178 2.425 61.052 28,572 1,704 58,175 5,1 680,759 680,759 691,324 2,860 2,695 5,659 584,345 2,881 8,051 572,770 2,881 6,OS1 572.770 Prke Davl&s Churchyard Trust Dlckjon Mgmortgl Tw81 Mttchall Tru$l PAlmer ChArfIy WSlh¢rlnglon Tru$l Willi8m Payne 818 4,130 104,584 4,080 109,472 1,084 142 818 4,130 104,S84 4,089 109,472 1,084 142 765 97.811 3.825 102.399 1,014 134 Funds of the church 211 630 1268 005 224 299 1 701934 1661298 Approv￿ bythe Parod)lal Church CDundl on eth Juty 2021 and slgned on tts b&half by Revd. Jamb Tayl¢r IPCC Chalrynanl Rkhord Moora ITr8a$urerl The Notes on pag88 8 to 12 fom) part trf these accounts Page 6 Par18h of Sonnlng Ca8h Flow Statement for tho year ondod 31 Docomber 2020 2020 2019 Net CaBh from oporatlng advltles 84,850 21,529 Cash Flows from Invo8tlnq a¢llvltleg D￿￿endS and Inter6¥t trom Ifiv88frn6nts E4ulpment C06t$ Buildlng8 Co81 7,554 In,s001 110,5C6) 7,632 12,5581 1800,2341 Nel Cash provlded by / (used Inl Investlng actlvtt*8 176,4521 1495.1601 Cash Flows from flnanclng actlvltlg8 Net Cash provlded by I (used Inl ffnanang Ad]vit￿$ Changè In ¢ash and ca$h oqulvalents In roportlng p•rlod 1473.8311 Cash and cash equlv818nl$ at 1 January 223,241 696,872 ca8 va onts at 1)8c8m 231 639 Reconclllallon of net Incomolexpgndlture Net Incorne beforo invBstment galnsllloss88131 D8C Adiuslmènts for. Depwl8tion Charges Olvldends, Inlaresl and Rent from Inve8tm8nts D6eroag6 11Sn¢masel In debtors IDeu80881 I Incr8a$• In credltor5 38.403 132,68n 37.033 17,5541 25.665 16.6971 35,177 (7,6321 27,114 14431 rovlded b I Used In actlvltla$ Anoty818 oleaoh and ¢o$h equlvalents C88h and Bank Shortlorm deposit8 Ibss than 3 month#l 227,781 3.858 219,399 3,842 P8g8 7 Notes to the financial statements For the year ended 31 December 2020 ACCOUNTING POLICIES Tho PCC1s 2 publlc benefit snlty wtthln the meaning ol FRS 102. ThB financlal statements havfr been prepar0d under the Charic Act 20118nd In ac¢ordance wlth the Church Accounllog Regulallons 2006 gov8rnlng tho Indfvldual 8¢counts of PCC8, and wlh thg Regulallons true and fall provl81)ns, together wSlh FRS 102 as the applicAbl8 accounting standards and the 2019 v8rslon vf th8 Statemanl of Recommended Praouce, Accounllng and Roportlng by Ch8riti88 ISORPIFRS 10211. The flnanclal statem8nts have been prepar8d underthe hislorftal c05t convenllon axcepl for Inve$(monl a888ts. whlch ale shown at market value. The financlal sl&lemenls Include all tiansacllrjns, assets 8nd IlabllSties forwhlGh the PCC 18 responsible inlgw. They do not induda the accounts of church groups that owe Ihe5r maln affillat￿n to gnotherbody, northose that are Infomal gatherfngg of church m8mbers. Funds Endowment furKls are funds. tho capllal of whlch must ba retalned eRh&r p&rmanently or at th6 PCC'S db¢retlon', the In¢om8 dgrfved from the 8ndowm8nt Is lo be used 81ther as restrfcted or unrestrft*ed income lund$ dep8ndln9 UPOtI thé purpose for whlch the endownent wa$ e$tabllshed in the flrst plac6. R&$thtedfvnds rfrpr8sent lal in¢om6 from endowmont8 whkh18 lo be expended only on the restrict8d purposes In18nd8d by thg donor and Ibl revenug donatSons or grants roCe￿ed for 8 8p&¢￿￿ PCC activty Intended by the donor. Whar8 tho&e funds have unspeTrt balances, Intere8t on their poo￿ Investments is 8PPOrtloned to the Indfvldual funds on an avorage balanc* bag19. Unr8SttlCt￿fÉ￿d$ lindudlng d88Fgnatsd funds) are gengml funds whlch 8re to bè spent on the Pcc's gen8r81 puw0565. In¢omlnq rogourc•$ Planned glvlng, coll&ctirJns and donations 8r8 reCOgn￿ed when re¢er￿ed. Tax r8fund6 ara recognFzed when the Incomlng resource tD which they r8lat8 Is re￿￿&d, if necessary by 9511tnated amounts, Gr&nts Ilncluding oovemmentorontsl and legac1￿ ar& axounted for under the p8rformanGe model the PCC is entlt18d to use of the resources, their ultimate re￿Ipl 1$ considored rea50nably cert81n and the amounts due ara r8118bly quantifiable. Dlvldends and rental income a￿ accounted forwhen rocelvablo. Inter&sl Is accrued Iwh8re materlall. All other income IJ generalW.recagnlzed when it b {8¢9￿0b￿8. All Incomlng r050urc88 are accounted for gr088. Resources expgndod Grants and donallons afe accounted for when paid over, orwhÈn awsrd8d, ￿that award cr8ates a bindlng or constnjctwo obllg8tSon on the PCC. The dloosan parish share expect￿ to b8 pold over is accounted forwhen due. All other expendllurts Is generalty rec¢gnlz•d when It l& Inullod and Is accounted forgr088. Flxed a$69ts onsgcrated and b&n¢fk8 propety is not induded In the a¢counl8 in accordance wtth 61012119) of tha Charft￿$ Aet 2011. Movable church fumlshlngs held by the vicar and Churchwardgns on speclal tmst for the PCC and whtch requlre a faculty for dl$p05al are inalvanable property, Ilsled Sn the church $ Inventory, whlch can be Inspected181 any reasonable tirnol. For anyfhlng 804ulr6d prfor to 2Q￿ th8ra 18 In8uffident cost Informallon available and therefore such a558ts are not valued in tha flnancSal Statements. Sub8equ&ntly no indThfldu8111om has cost moro than £1,000 sc> all $uch exp&ndllur8 has bean wrilt6n gff 4vhen Incurr8d. EqLsipment used wllhln the thurch pramlses 1$ daprad8t6d on a Stra￿hl-lln8 b8818 overan appropriate number ofyears. 1ndN￿UaI Item8 of 8qulpm8nl wtth a purcha58 Prtc8 of £1000 or les8 aro Nvrbtten off when the 8$set is acqulred. Inve$lm8nts are valued at mark6tvalue at 31 D6¢ember. Page 8 INCOMING RESOURCES Not0$ Unr•8trlctsd R88trl¢t•d Erbdovnnont Fund• Funds FundB Tot•1 2020 Totsl 2019 2101 Voluntsry Inoo Planned Glwlng Tox Recovgrabltr Collgcllon8 (op￿ Bbtel OlherOonallon8 84.888 21.762 877 46,660 127,888 282, 300 75 86,188 21,837 877 46,970 127,888 78,263 19,048 8,838 20.4se 153,10 310 2(bl A¢¢lvrtlo$ for Ggn•ratlng Fund8 Mapallne￿Y•rll￿n1 SundryP£tlvffje4 27,159 80 27,159 25,769 31 ,189 7f800 21¢> Incomo Irom Inv08tm•nta Dfvktènd89nd Inlere$l 251 6,291 8,29 7,832 12 dl Incom•from Chur¢h A¢tfvitl¢ Lewng Faas Sundry Inr) 180 1,134 4.964 8,027 1.885 8,577 ,009 ￿738 Totsi In¢ome 7,285 2101 Indudad In Grant&18an amC￿￿t dt12,25D recefved fr(¥n th8 0fwor6￿p Gr&ntSth9m9 In ro8P8dofVATon row dbJi181 orgen RESOURCES EXPENDEP 3141 Ch4dtabtoA¢tlvtUes MI$8lon8ry & Ch&dlable GE￿￿4 Church OverueH8'. Ml$8lon8ry 8ocietieJ Church Ovèr8ea5'. Relief and Dev8lopmtntA¥*n¢ie Home Mlsslon 8nd Other Church ￿￿6t1&S Secul4r Ch8ritl?$ rNtt8san Pailsh Shara M￿￿EtrY Team Costs Upkeep of Sarvlce8 PgrfEh Trdnlng snd Mlsfbn Cc6ts st￿dr￿/S Runnlng Cosia and M&lnlenan(* OrgATr, Org8Dl&l, Cholr, Mu8 Urd(esp of Churthysrd Jutileé H811 Runnmg ¢0s19 and M81nl8n8nce st Sadk Room Runninp Cost8 and Malntsnar The RunDkng Coots 8nd maSnt￿an¢ AdmSrAstrallon Maga￿De PdntNvJ Othar¢o8t8 mlscellan￿￿s M9ltsr WlrslDgcoralng Naw BuIldtr￿sIchUrthy8ry 4,OOD 750 5,7$0 4,000 80,DOO 67,630 2.283 7.887 15.W2 11.875 4.030 4,000 7S0 S,750 4,000 80,000 Sg,705 2,283 3.000 750 5.412 3.000 80,000 89.820 4,779 19,038 25,961 16,080 14,412 11.075 3.077 19,120 11,875 7,411 170 3.214 325 3,302 24.902 21,935 3* 17.800 31,475 21.935 1,298 212 23,8S3 29,206 27,391 2,336 34,089 14,498 8,613 1,418 3,460 3,450 ,291 31bl C08tof 0tsnèrn￿rt9 Fund8 CoBt ofGgnerallnp Vduntary Irttrn8 Fundr8￿nG Trgdlw Costot (Joods Sold & Other CD&l& 62 438 Total Regourc06 Expondod 248. 89 STAFF COSTS Tho PCC had ttvo omploy888 at thB end olthe y6ar. Dfytsls of wsts are aB followB.' S818ry PerBlon Conlrtbullon 42,109 1,391 Th8 8btsve #mounts are Included In Mln*try Team Costs and Adm1nl$lr81ion Costs In Nole 2 above. Chri3 Wgsl, a Irusleg, employod as Youth MlnL%ter and hrs ramunerallon Is Induded In Ihe above amount8. PAYMENTS TO PCC MEMBERS Ewen8e$ pald to Clergy. the Youth Mlnlsterand Ihg Lay MlnlBter may Ind￿ & srn411 Immaterial woportlon *filch relat¥$ to the functlon a8 PCC membars. No Olhor payments or expenueswere ppld to any otherPCC m¢mbors or thdl ￿l8*ed p8rUes, except to dlrectly ￿1mbUr8& ttem8 pard for on behalf of tha PCC. FIXED A8SErs lal Tangl￿6 Fmhoid Land 4nd Bulldln QhuTch Equlpmont Total ACTUAUDEEMED COST At 18t January 2019 Dtspo8els AddFlons al Co$1 A8 A¢ 310gcgmber2020 1,219,269 56.304 2,781 18511 84,006 57,638 10.506 73,500 DEPRECIATION At 181 Januory 2019 Wlthdr8wn on DIGpoBal Charge forthg Year A8 At 31 Decembèr 2020 53,078 30,903 851 12.529 .581 48,81)4 861 37,083 24,504 NETVALUES At 181 January 2019 Addlllons at Cost Dgpmciallon for Year As At 31 Decefflber 2020 1.1￿,191 10,508 4,5041 25,401 73,500 112,629 1,191,592 84.006 137,0331 38, 2020 Ibl Inva8kn8nt8 2019 MarfCC rec8lv8d a orant of £30,168 during th& year12019- fnlD towards th6 Organ Furkl. P&ge 12 Indèpendent Examlnor'8 Report to th8 Trugtoe5 of Sonnlng Paro¢hlal Church Coun¢ll I report to the charity trustees on my examination of th8 accounts of the charity for the y6ar ended 31 December 2020, which are set out on pages 5 to 12. Re8ponslbllltlos and basls of report As the charity's trustees you are responsible for the prepaotion of the accounts in a¢cordance with th8 requirements of the Chari118s Act 2011 {'the Act'}. I report In respect of my examination of the charity's accounts Carried out under section 145 of the Act and in ¢arrylng out my examination I have followed all the applicable Directions glven by the Charty Commlsslon undar section 14515llb) of the Act. Independont Qxamlner's ststemont Since the charity's gross income exceeded £250,000 your examlner must be a member of a body listed In section 145 of the Acl. I confirm that l am qualified too undertake the examination because l am a member of the Association of Chart8r8d Certified Accountants, which is one of the listsd bodies. I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination giving me cause to beSieve that in any material respect.. accounllng records were not kept in respect of the charty as required by section 130 of the Act,. or 2. the accounts do not accord ￿th those records or 3. the a¢count$ do not compty w￿h the applicable reqU1￿ments concerning the forms and content of accounts sel out in the Charitles IAccounts and Reports) Regulations 2008 other than any requlremenl thal the ac￿Ullts give a 'lrue and fair view, which is not a matter Gonsidered as part of an Independent examlnation. I have no concerns and have come across no other matters in connectk)n with the examination to whlch attention should be drawn in thi8 report in order to enable a proper understanding of the acGounts to be reached. Rlchard Mark Lodge Taylor FCCA On behalfof 88nks & Co Llmltsd 1 Carnegie Road Newbury Berks RG14 5DJ Date.. /p . ¢ 29&/ Page 13 Sonning Parochial Church Council Reglstered Charlty No 1130763 FINANCIAL STATEMENTS of the Parochial Church Council for thè year ended 31 December 2020 INCUMBENT The Revd. Jamie Taylor The ViGarage Thames Street Sonning INDEPENDENT EXAMINER Banks & Co. I Camegie Road Newbury The Parochial Church Councll {PCC) of the Eccleslastical Parish of Sonnlng During the year, the followlng served the Parlsh.. Incumbent {and Chalrmanl Associate VScar Licensed Lay Mlnlster Youth Minister Revd Jamie Taylor Revd Kate Toogood Bob Peters Chrfs West chu￿hWardens Perry Mills stuart Bowman Deputy Churchwardens Mark Jordan (retired APCM 11 October 2020) Nelson Sue Peters Simon Darvall (appointed APCM 11 October 2020) Molly Woodley (Emeritus Deputy Warden} Treasurer Rlchard Moore Secretary Hilary Rènn16 Representstlves on the Sonnlng Deanery Synod (normally 5 year term} Bob Hine Mark Jordan (retired APCM 11 October 2020) Rory Symes MolSy Woodley other PCC Members (normally 3 year term} Rachel Argent {re-appolnled APCM 11 October 2020) Helen Craig (appointed APCM 11 October 20201 Sandra Grist Tom Jeffery Emma Leggett Jenny Sawyer Alison Smyly {r6-appointed APCM 11 October 2020) The method of appointment of PCC members is set out in the Church Representatlon Rules. At St Andrew'$ the member$hlp of the PCC ¢on8lsts of the incumbent lour vScar}, churchwardens, the as$ociale vicar, the Ilcensed lay ministér snd members elected by those members of the congregation who are on the electoral role of the church. The PCC members are responsible for making declsions on all matters of general concern and importance to the parish, including deciding on how the funds of the PCC are to be spent, New members receive initial trainlng into the worklngs of the PCC. The PCC only met on 2 occ8slon8 duiing the year due to the Covid pandemlc and the averag8 atlendan¢e at these meetings was 67%. Admlnl8trntlva Informatlon The Parish of Sonnlng encompasses the thriving communities of Sonning, Sonning Eye and Charvil, located be￿een Reading and Henley-on-Thames in a beautiful section of the Thames valley. We h8ve a growing eongregatlon and are welcoming and uplifh'ng, embracing the broad Anglican tradition. The correspondence address is: St Andrew's Church Office Thames Street Sonnlng READING Berkshlre RG4 6UR The PCC is a body corporate IPGC Powers Measure 1956, Church Represenlation Rules 2006) 8nd a charfty registered with the Charity Commission {Reglstered Charty Number. 11307631. Alm and Purpo8& To provide.. Regular publlc worshlp that is open to all Sacred space for personal prayer and contemplation Pasloral work whi¢h in¢ludes visiting the stck and the bereaved The leaching of Christianity through semions, coursos and small groups The leadership of rellgiou8 assemblies in 8¢hools The promotion of Christianity through the staging of events and meetings, and in the distribution of literature Promotion of the mission of the Church through provision of activities for all ages in our Parish Support of other charities in the UK and overseas Objectlves and Actlvltles The PCC Ss ¢ommitted to enabllng as many people as possible to worshlp in our parish and to become part of our parish community within Sonning, Sonning Eye and Charvil. The PCC vlsion is to.. Serve better thos8 who choose to worship wtth us and share a loumey in falth Reach out and draw others to the knowledge and love of God Attend to the pastoral need8 of those around us {As Sndividuals and a8 an organisation) Preserve our Anglican heritage Engage wllh our lo¢al community and find new ways to serve It When planning our actTvilies for the year, the Incumbent and the PCC have considered the Commlssion's guidance on public benefit and in particular the specific guidance on ¢harities for the advancement of religion. In partlcular, we ty to enable ordinary people to Ilve out thelr falth as part of our parlsh communlty through.. Worship- Leaming about the Gospel and developing their knowledge and trust In Jesus Mission and pastoral care- Giving lo others and the provision of pastoral care for peopl6 living in the parish Buildings and Maintenance- To facilitate this work it is important that we maintain the fabrfc of our chur¢h Social- Arranging social events throughout the year Commlttees The PCC operates through a number of committees, whSch meet between the full meetings of the PCC. These are.. Slandlng and Finance This is the only Gommitlee required by law and has power lo transact the bu8ine88 of the PCC btheen meetings, subject to any dlrectlons given by the Council. Members are the Incumbent, the Chur¢hwardens, the Treasurer and the Secretary. Buildings and Maintenance This commSllee attends lo matters re18ting to stewardship of the church buildlngs and fabric. Chalman.. Mr Pery Mills Mission and Pastoral This commlttee attends lo matters concerning external giving from the Parish. Chairman.. Revd Jamie Taylor. Soclal This commlttee 18 responsiblé for arranging social events. Chalmian.. Mrs Sue Peters. The Pari8h Magazlne Delivered free to every house In the parish. Edltor.. Bob Peters Adverts'sing and Distribution.. Gordon Nutbrown El￿tOral Roll At the APCM on 11 October 2020 there were 229 people on the Electoial Roll. The lotal number on the new 2021 Electoral Roll is 226 TREASURER'S REPORT Flnanclal Rovlgw The PCC ended the year wlth a lotsl net Income of £50,636 compared to £4,895 for the previous year. Total income for the year was £324,511. There were grants received of £127,888, which Included £84,750 from The Bull Inn EcclesSastl¢81 Trust and £30,168 from The Sonning Vicarage Malntenance Trust Fund in respect of the dlgital organ project. A legacy of £24,224 was received during the year. Planned Glvlng Increased over the prior year, as more giver8 moved to stsnding orders. Income from collections and weddings was down due to the restriotions on services in place duiing the year. Restricted Investment Income of £6,541 was recelved, mostly for the Churchyard and St Andrevls building mainlenan¢e. Major items of expendllure in 2020 Included £73,500 on the purchase and Inslallallon of a new digital organ. Chureh Servi￿ and mlsslon costs were lower during the year due lo the varlous restri¢Uons in place. The Parish Share contribution was maintained al £80,000. Depreclafjon for the New Hall Building, the Youlh Minister's House and Equipment was £37,033. The eosl of producing the Parish Magazine continues to be covered by the revenue from advertising and the cost of distrlbution continues to be funded.from General Funds. Magazine pr￿uCtiOn costs were lower during the year due to a move to digital printing. Resorvès policy It Ss PCC policy to maintain a balance on Unrestrictsd and Undesignated Funds lil possible), which 8qu8tes to at least three months normal Unwtricted payments to cover emergency srf£ualions that may arise from time to time, and approximately £58,OQO is held in a Designated General Resetve Fund for this. The Reserv8 Increased 2020 to £58,175, Rlchard Moorg - Honorary Troasurer Parish of Sonnlng statement of Financial Act￿ltIeS For the poriod from 1 January 2020 to 31 Docomb&r 2020 Notés Unro8trlctgd Re8trlctgd EndowThfjnt funds funds funils Total funds Piioryear totsl funds In¢omgand9ndowmgnl8 from.. Voluntary Ineome ActI￿tIeS for G8n8raUng Fund8 Incomg from Investmént5 Church acthrftles Other IncornL¥ 282,075 27,189 1,012 282,76D 27,189 7,564 7,009 277,710 25,800 251 6.291 15,738 Total Incomg 317,285 936 324612 326,800 Expendlture on." Chur¢h a¢tMtles Raising Funds 247,941 82 33.815 6.291 288,047 62 3Sg,134 433 Totsl expgndlture 248,003 33,816 6,291 268,109 359,567 Net In¢om8llExp•ndlturel bofore Inve¥tment Galn8 89,282 132,879) 36N03 132,687) Na¢ Galn8llLo$g•51 on invtstmants Ngt Sncome 18321 68M60 578 14,487 14,233 60,836 37,682 132,3011 11A23 14,487 4A95 Transfers batr￿an Funds 111N231 Net movem¢nt In funds 57.027 120,8761 14,467 60,838 4,895 ReconelllaNon olFunds Totsl fundg brought forward 1ts4,603 1,286,883 209.812 1,661,298 1,fj46N03 Totsl funds carrled forward 211,630 1,26fj,005 224.299 1,701,934 1,651,298 Pagg 5 Parlsh of Sonnlng Balance sheet As at 31 Docember 2020 Unres￿¢19d R88trl¢tsd Endowmont Th18 Yaar Funds Funds Fund8 Total Last Ygar Total FIx￿aSSets Tanglbla assets Invastments 77,582 24,891 102.273 1.160,983 8,932 1 169,916 1,238,58S 257,922 149e 487 1,191,592 243,689 224,299 224 299 1435 2a1 Cuff8nt4ssets Debtors and prepHymen15 Cash at bank and In hand 4.963 132,867 30,e28 223,241 98,772 231.839 137.830 98.772 236.602 2S3.869 Ll*blliUes Cr8dttor$'. Amounts falllng due ￿thIn on9 year 28,473 2,682 31,155 37,852 N8t current 4858ts I Illabllltlesl Total assets le5S Gurrent liabllltlo8 109,367 211,630 96.090 205,447 1,701,934 216,017 1,851,298 1,266,006 224,299 224 299 Representedby 10 General fund Oo8n Mls$lon & Development P9ri8h M8g8zln8 Gènaral RegèN Ey¢8m81 GI￿r0 New Hall Youth Franc88 Cooper Jatsjuellne Hsdida Eccl88lastkal Fund 67,168 73,600 3.461 6.898 58.178 2,425 67.168 73,500 3,461 6,808 58,178 2.425 61.052 28,572 1,704 58,175 5,1 680,759 680,759 691,324 2,860 2,695 5,659 584,345 2,881 8,051 572,770 2,881 6,OS1 572.770 Prke Davl&s Churchyard Trust Dlckjon Mgmortgl Tw81 Mttchall Tru$l PAlmer ChArfIy WSlh¢rlnglon Tru$l Willi8m Payne 818 4,130 104,584 4,080 109,472 1,084 142 818 4,130 104,S84 4,089 109,472 1,084 142 765 97.811 3.825 102.399 1,014 134 Funds of the church 211 630 1268 005 224 299 1 701934 1661298 Approv￿ bythe Parod)lal Church CDundl on eth Juty 2021 and slgned on tts b&half by Revd. Jamb Tayl¢r IPCC Chalrynanl Rkhord Moora ITr8a$urerl The Notes on pag88 8 to 12 fom) part trf these accounts Page 6 Par18h of Sonnlng Ca8h Flow Statement for tho year ondod 31 Docomber 2020 2020 2019 Net CaBh from oporatlng advltles 84,850 21,529 Cash Flows from Invo8tlnq a¢llvltleg D￿￿endS and Inter6¥t trom Ifiv88frn6nts E4ulpment C06t$ Buildlng8 Co81 7,554 In,s001 110,5C6) 7,632 12,5581 1800,2341 Nel Cash provlded by / (used Inl Investlng actlvtt*8 176,4521 1495.1601 Cash Flows from flnanclng actlvltlg8 Net Cash provlded by I (used Inl ffnanang Ad]vit￿$ Changè In ¢ash and ca$h oqulvalents In roportlng p•rlod 1473.8311 Cash and cash equlv818nl$ at 1 January 223,241 696,872 ca8 va onts at 1)8c8m 231 639 Reconclllallon of net Incomolexpgndlture Net Incorne beforo invBstment galnsllloss88131 D8C Adiuslmènts for. Depwl8tion Charges Olvldends, Inlaresl and Rent from Inve8tm8nts D6eroag6 11Sn¢masel In debtors IDeu80881 I Incr8a$• In credltor5 38.403 132,68n 37.033 17,5541 25.665 16.6971 35,177 (7,6321 27,114 14431 rovlded b I Used In actlvltla$ Anoty818 oleaoh and ¢o$h equlvalents C88h and Bank Shortlorm deposit8 Ibss than 3 month#l 227,781 3.858 219,399 3,842 P8g8 7 Notes to the financial statements For the year ended 31 December 2020 ACCOUNTING POLICIES Tho PCC1s 2 publlc benefit snlty wtthln the meaning ol FRS 102. ThB financlal statements havfr been prepar0d under the Charic Act 20118nd In ac¢ordance wlth the Church Accounllog Regulallons 2006 gov8rnlng tho Indfvldual 8¢counts of PCC8, and wlh thg Regulallons true and fall provl81)ns, together wSlh FRS 102 as the applicAbl8 accounting standards and the 2019 v8rslon vf th8 Statemanl of Recommended Praouce, Accounllng and Roportlng by Ch8riti88 ISORPIFRS 10211. The flnanclal statem8nts have been prepar8d underthe hislorftal c05t convenllon axcepl for Inve$(monl a888ts. whlch ale shown at market value. The financlal sl&lemenls Include all tiansacllrjns, assets 8nd IlabllSties forwhlGh the PCC 18 responsible inlgw. They do not induda the accounts of church groups that owe Ihe5r maln affillat￿n to gnotherbody, northose that are Infomal gatherfngg of church m8mbers. Funds Endowment furKls are funds. tho capllal of whlch must ba retalned eRh&r p&rmanently or at th6 PCC'S db¢retlon', the In¢om8 dgrfved from the 8ndowm8nt Is lo be used 81ther as restrfcted or unrestrft*ed income lund$ dep8ndln9 UPOtI thé purpose for whlch the endownent wa$ e$tabllshed in the flrst plac6. R&$thtedfvnds rfrpr8sent lal in¢om6 from endowmont8 whkh18 lo be expended only on the restrict8d purposes In18nd8d by thg donor and Ibl revenug donatSons or grants roCe￿ed for 8 8p&¢￿￿ PCC activty Intended by the donor. Whar8 tho&e funds have unspeTrt balances, Intere8t on their poo￿ Investments is 8PPOrtloned to the Indfvldual funds on an avorage balanc* bag19. Unr8SttlCt￿fÉ￿d$ lindudlng d88Fgnatsd funds) are gengml funds whlch 8re to bè spent on the Pcc's gen8r81 puw0565. In¢omlnq rogourc•$ Planned glvlng, coll&ctirJns and donations 8r8 reCOgn￿ed when re¢er￿ed. Tax r8fund6 ara recognFzed when the Incomlng resource tD which they r8lat8 Is re￿￿&d, if necessary by 9511tnated amounts, Gr&nts Ilncluding oovemmentorontsl and legac1￿ ar& axounted for under the p8rformanGe model the PCC is entlt18d to use of the resources, their ultimate re￿Ipl 1$ considored rea50nably cert81n and the amounts due ara r8118bly quantifiable. Dlvldends and rental income a￿ accounted forwhen rocelvablo. Inter&sl Is accrued Iwh8re materlall. All other income IJ generalW.recagnlzed when it b {8¢9￿0b￿8. All Incomlng r050urc88 are accounted for gr088. Resources expgndod Grants and donallons afe accounted for when paid over, orwhÈn awsrd8d, ￿that award cr8ates a bindlng or constnjctwo obllg8tSon on the PCC. The dloosan parish share expect￿ to b8 pold over is accounted forwhen due. All other expendllurts Is generalty rec¢gnlz•d when It l& Inullod and Is accounted forgr088. Flxed a$69ts onsgcrated and b&n¢fk8 propety is not induded In the a¢counl8 in accordance wtth 61012119) of tha Charft￿$ Aet 2011. Movable church fumlshlngs held by the vicar and Churchwardgns on speclal tmst for the PCC and whtch requlre a faculty for dl$p05al are inalvanable property, Ilsled Sn the church $ Inventory, whlch can be Inspected181 any reasonable tirnol. For anyfhlng 804ulr6d prfor to 2Q￿ th8ra 18 In8uffident cost Informallon available and therefore such a558ts are not valued in tha flnancSal Statements. Sub8equ&ntly no indThfldu8111om has cost moro than £1,000 sc> all $uch exp&ndllur8 has bean wrilt6n gff 4vhen Incurr8d. EqLsipment used wllhln the thurch pramlses 1$ daprad8t6d on a Stra￿hl-lln8 b8818 overan appropriate number ofyears. 1ndN￿UaI Item8 of 8qulpm8nl wtth a purcha58 Prtc8 of £1000 or les8 aro Nvrbtten off when the 8$set is acqulred. Inve$lm8nts are valued at mark6tvalue at 31 D6¢ember. Page 8 INCOMING RESOURCES Not0$ Unr•8trlctsd R88trl¢t•d Erbdovnnont Fund• Funds FundB Tot•1 2020 Totsl 2019 2101 Voluntsry Inoo Planned Glwlng Tox Recovgrabltr Collgcllon8 (op￿ Bbtel OlherOonallon8 84.888 21.762 877 46,660 127,888 282, 300 75 86,188 21,837 877 46,970 127,888 78,263 19,048 8,838 20.4se 153,10 310 2(bl A¢¢lvrtlo$ for Ggn•ratlng Fund8 Mapallne￿Y•rll￿n1 SundryP£tlvffje4 27,159 80 27,159 25,769 31 ,189 7f800 21¢> Incomo Irom Inv08tm•nta Dfvktènd89nd Inlere$l 251 6,291 8,29 7,832 12 dl Incom•from Chur¢h A¢tfvitl¢ Lewng Faas Sundry Inr) 180 1,134 4.964 8,027 1.885 8,577 ,009 ￿738 Totsi In¢ome 7,285 2101 Indudad In Grant&18an amC￿￿t dt12,25D recefved fr(¥n th8 0fwor6￿p Gr&ntSth9m9 In ro8P8dofVATon row dbJi181 orgen RESOURCES EXPENDEP 3141 Ch4dtabtoA¢tlvtUes MI$8lon8ry & Ch&dlable GE￿￿4 Church OverueH8'. Ml$8lon8ry 8ocietieJ Church Ovèr8ea5'. Relief and Dev8lopmtntA¥*n¢ie Home Mlsslon 8nd Other Church ￿￿6t1&S Secul4r Ch8ritl?$ rNtt8san Pailsh Shara M￿￿EtrY Team Costs Upkeep of Sarvlce8 PgrfEh Trdnlng snd Mlsfbn Cc6ts st￿dr￿/S Runnlng Cosia and M&lnlenan(* OrgATr, Org8Dl&l, Cholr, Mu8 Urd(esp of Churthysrd Jutileé H811 Runnmg ¢0s19 and M81nl8n8nce st Sadk Room Runninp Cost8 and Malntsnar The RunDkng Coots 8nd maSnt￿an¢ AdmSrAstrallon Maga￿De PdntNvJ Othar¢o8t8 mlscellan￿￿s M9ltsr WlrslDgcoralng Naw BuIldtr￿sIchUrthy8ry 4,OOD 750 5,7$0 4,000 80,DOO 67,630 2.283 7.887 15.W2 11.875 4.030 4,000 7S0 S,750 4,000 80,000 Sg,705 2,283 3.000 750 5.412 3.000 80,000 89.820 4,779 19,038 25,961 16,080 14,412 11.075 3.077 19,120 11,875 7,411 170 3.214 325 3,302 24.902 21,935 3* 17.800 31,475 21.935 1,298 212 23,8S3 29,206 27,391 2,336 34,089 14,498 8,613 1,418 3,460 3,450 ,291 31bl C08tof 0tsnèrn￿rt9 Fund8 CoBt ofGgnerallnp Vduntary Irttrn8 Fundr8￿nG Trgdlw Costot (Joods Sold & Other CD&l& 62 438 Total Regourc06 Expondod 248. 89 STAFF COSTS Tho PCC had ttvo omploy888 at thB end olthe y6ar. Dfytsls of wsts are aB followB.' S818ry PerBlon Conlrtbullon 42,109 1,391 Th8 8btsve #mounts are Included In Mln*try Team Costs and Adm1nl$lr81ion Costs In Nole 2 above. Chri3 Wgsl, a Irusleg, employod as Youth MlnL%ter and hrs ramunerallon Is Induded In Ihe above amount8. PAYMENTS TO PCC MEMBERS Ewen8e$ pald to Clergy. the Youth Mlnlsterand Ihg Lay MlnlBter may Ind￿ & srn411 Immaterial woportlon *filch relat¥$ to the functlon a8 PCC membars. No Olhor payments or expenueswere ppld to any otherPCC m¢mbors or thdl ￿l8*ed p8rUes, except to dlrectly ￿1mbUr8& ttem8 pard for on behalf of tha PCC. FIXED A8SErs lal Tangl￿6 Fmhoid Land 4nd Bulldln QhuTch Equlpmont Total ACTUAUDEEMED COST At 18t January 2019 Dtspo8els AddFlons al Co$1 A8 A¢ 310gcgmber2020 1,219,269 56.304 2,781 18511 84,006 57,638 10.506 73,500 DEPRECIATION At 181 Januory 2019 Wlthdr8wn on DIGpoBal Charge forthg Year A8 At 31 Decembèr 2020 53,078 30,903 851 12.529 .581 48,81)4 861 37,083 24,504 NETVALUES At 181 January 2019 Addlllons at Cost Dgpmciallon for Year As At 31 Decefflber 2020 1.1￿,191 10,508 4,5041 25,401 73,500 112,629 1,191,592 84.006 137,0331 38, 2020 Ibl Inva8kn8nt8 2019 MarfCC rec8lv8d a orant of £30,168 during th& year12019- fnlD towards th6 Organ Furkl. P&ge 12 Indèpendent Examlnor'8 Report to th8 Trugtoe5 of Sonnlng Paro¢hlal Church Coun¢ll I report to the charity trustees on my examination of th8 accounts of the charity for the y6ar ended 31 December 2020, which are set out on pages 5 to 12. Re8ponslbllltlos and basls of report As the charity's trustees you are responsible for the prepaotion of the accounts in a¢cordance with th8 requirements of the Chari118s Act 2011 {'the Act'}. I report In respect of my examination of the charity's accounts Carried out under section 145 of the Act and in ¢arrylng out my examination I have followed all the applicable Directions glven by the Charty Commlsslon undar section 14515llb) of the Act. Independont Qxamlner's ststemont Since the charity's gross income exceeded £250,000 your examlner must be a member of a body listed In section 145 of the Acl. I confirm that l am qualified too undertake the examination because l am a member of the Association of Chart8r8d Certified Accountants, which is one of the listsd bodies. I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination giving me cause to beSieve that in any material respect.. accounllng records were not kept in respect of the charty as required by section 130 of the Act,. or 2. the accounts do not accord ￿th those records or 3. the a¢count$ do not compty w￿h the applicable reqU1￿ments concerning the forms and content of accounts sel out in the Charitles IAccounts and Reports) Regulations 2008 other than any requlremenl thal the ac￿Ullts give a 'lrue and fair view, which is not a matter Gonsidered as part of an Independent examlnation. I have no concerns and have come across no other matters in connectk)n with the examination to whlch attention should be drawn in thi8 report in order to enable a proper understanding of the acGounts to be reached. Rlchard Mark Lodge Taylor FCCA On behalfof 88nks & Co Llmltsd 1 Carnegie Road Newbury Berks RG14 5DJ Date.. /p . ¢ 29&/ Page 13