Christ--K. ._ BAYSTON H ILL Annual Report and Financial Statements of the Parochial Church Council of Christ Church, Bayston Hill For the year ended 31SI December 2021 Chorftyreolstrotlon number 1130869
DIOCESE OF LICHFIELD Tho Parochial Church Councll of Chrfst Church, Bayston Hlll Trustee8' Annual Report for th• year ended 31 It Docember 2021 ObJectlve8 and Actlvltles The P8rochial Church Councl of Christ Church lthe PCC) has resFrf)nsibility of cowerating wilh the incumbent, the Reverend Peter Huti)ard. in pronKJting in tho ¢t881a8tlCal parish, the vtho mlssion ol the Church. pastoral, evangelical. social and ecwneniral, The PCC is 3160 Spiritually reswnsibkn for the maintenae of tho church The PCC ts commiited to 8nabling 88 many pP18 88 FK)ssib18 to worship at our church and to be¢ome part of our parish communlty al Christ Church. The PCC mainlains an overVW of worship IhrougP thè parish aTrJ makes suggestr)ns on h)w our seryices can involve th8 many groups that h've vthin our parfsh. Our s8rvices and worship pul faith into praclke through prayer. scrlplure, mustc sacra1rI. Also, ihrough non sacramental 8Ctivlties of hospilallly and fellowshlp we alm to reach non churched mgntrrs of the u)mmunfty. Publlc Benefit Th8 tnjstaes of PCC are aware of tha Chadty conlS$10n,s guidan¢e on public benefit The Advancement of R81igK)n for Ihe Publlc 8enefil and have had Tegard toll in their admlnlstralkjn of the Chartty. The trustees believe thaL by promotlng the wort ol tr Church of England in the Eccl8siastlcal Partsh ol Chdst Church It helps lo tha wtr¥)be mission of the Church Ipasloral, evangelistsc. xKlal and ecumenlcal) more effedlvely, Mihin the EcdeSi8stiI Parish. aThJ that in doiThJ so it prOdeS a bènefit to th8 public by. Provlding faL?litb&s for pubfic worship, paslofal ¢ar8 and $Pirflual, mcrfal 5nlellgclual dèveknpTh. t)th lor rt5 members aTrJ for anyrjne who wishes lo b8Mfft from tho Church offors. aTha Promoikng Chri$llan values and servKe by members of Ihe Chwch in and to their cfjmmunities. to the benefit of iThJivbJtsals aThJ soooty a$ a wtK)b. The PCC recognises the role that Voluntee play in the life of the thurth. There are so many areas where volunteers VIrk incrodibly hard to provide supwrt, comfort, acliviiies and prdyer to a %Mde bJdy of people. th within church GoTrJregats'on aTrJ to Ihe wvjer community. The PCC is extremety grateful to tho many 8effiess indfvhjuals wtK) glve ttElr time, enerw and expertlse to suppjrt these activrties. Achievements and Perfornne• The church has tontinued. when it can, to corNJuct Ilve. frdce- services as W11 as streaming them online. The 9am se has CfJntinu&J throLyhoul n$t of Ihe year. As r8StriiXN)ns eased, All Age servlces were corKILted ouislde. Theso hav8 nVed inside duriThJ the cobjer weather a1
since September have been ioined by Famity Servlces. A new pattem of services commenced following the summer holiday and this has been generally well received. A new Saturday evening Servi of vtshIp and prayer has been initialed aTrJ led by Jake McKni9hl wtlh assistance fTom the yOLrth band. Whilst numbers attending have been low. feedback from atterKlees has been eXtmelY positive. Coffee in the LiviTrJ Room and Sunbeams (Toddlerlpre school group) have restsrted and re1ve good numb8r5 in atterKlance. Other activities have recommenced as restrictions and confidence allow arKI the church bulldings are bèginning to be used mv¢h more by range of extemal groups. The fabriG of the buildings has required lilue attention unlil towards the end of the year when varK)US roof leaks above the foyer required attenlN)n, A growing issue is materialislng wth the Ix)ilers, 8t least one of which may need to be completely rced. This will requir8 serious cMMitMent of funds in the new financial year. Addttional detail of the work and pwress of the whje range of actlviiies can be fouTrJ in the bookbet that accompanies the TAR 81 the APCM. Financlal Revlew The year has erKled wilh a deficil 01 £963 This is much better than exp8¢bJ and due In the main to some substantial donali)ns Ing made near the end of Ihe year. There have been some unexpected cost$. especially conne¢lgJ with the boilers, and the new year will bring challenges in funding the replacement of al least one of the boilers. Also, some work was qUired to Pair leaks In the foyer roof which saw water entering the office. The dSocesan waiving 1 month of Parish Share has also assisted with the reduction of expendilure. The PCC agreed to transfer the funding of the parish share from general fund to ¢hlklren's [k to ensure that the Vrk of Jeanette McKnight can continue well beyond the tem of the &year anniversary of her startlThJ her mlnlstry with us. As reslrictions ease and people retum lo something more akln lo the 'ohJ nonnal. il is already belr seen that bookings for using the buildiThJs arKJ facilitTres are rising. It is to be ped that this wlll conllnue and grow $0 mal the ole sile is a seat of a range of drfferent church related arKI non- church related adivities. The facillties offered in the worship space are fabulous but will need commitment and finance to ensure that they remain so. The church faces many financial challenges moving forward into a new year. Creative ways of rslsing addttional funds and saving costs will need to be sought arKI applled. Resorves Pollcy It is PCC policy to try to malntain a baLqnc8 on free reseeS (net current assets) which equates to at least three months unreStred paTrents. This is equivalent to £30.632.11 Is hekl to srTM)Oth oul fluctuations in cash flow and to meet emergencies. The balance of th8 free resenies at the yeaf-end wS £36.451 vthich is higher than this largel. SafeguardSng The PCC believe they have fulfi116d their duty urKJer se¢lion 5 of Ihe Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard lo House of Bishops, guhJance on safeguarding children and vulnerable adults), Ptsge 2
Reportlng Sorlous Incidents: A Senous In¢¥Jent is an adverse evenL whether acbjal or alleged. which results in or risks Significant ham to the chartvs benefKiaries, empbyees, office tK)Iders. volunteers or to others wtK) ènc£Junler the charity through its woth. loss of the chantys money or assats, damage to the charftys property or harrn to the charity's or repLrtaoft. The trustees are not aware of any Serit)U5 IrKidents in the last year Fundraising The PCC lakes it fundrdising resp)nsibilities seriousty armd is very grateful to all dorw)rs- whether regular or occasional - for their support of the church and church evonls. PCC supkx)rters are nevèr taken for granted. The PCC take full responsibility for fvndraisirg and do 1 use commercial organisations or professional fuThlraisers. All money rai Is either by donations, fundraising events. spadal appeals or18gacies for which the PCC are most grateful. Volunteers The members of the PCC would like to thank all the volunteers who work so hard to make our Church a lively aThJ wbrant community. Our especlal thanks go to our church wardens. Mr John Famw and Mr John Ashton, have worked so tirelessly on our behalf and Mr Dave Watts. has help8d us all underslarKI the church's accounts arKI Its finances. Revlow of tho Yoar The Coronavlrus Pandemlc 2021 was arther partKularly challenging year with the ntInuIng disruption caused by tt coronavirus pandemic arKI the consequent natbnal bckdowns, restrictions on routine services, weddings funerals as well as fundraisir¥J and other communlty events planned during the year. The PCC have tried to rernain positive throughoLrt to supp)rt the community as well as the fabric of our wonderful tt¢urch buihJing{s) [aThJ hall.] Income has rna1ned reL3tively stable as rrK•St giviryJ rs by regular staThJing order. Income from lettings has dropped over the year but is startiTh3 to pick up agaln as reslriciions ease. General expenditure has also fallen over the year. The Diocese offered to waive Ihe Padsh Sharo for 1 month which has been most welcome. Whilst we have been able to hokl services in church, varioL4S ppIe have WOrkj extremely hard to enable services lo be streamed online which have reaGhed a broader audie8 than Ihe routtne congrwJation. tt is FK)ped that thls regular virtual eontact has provlded support to ttrK>se most vulnerable. We canled OLrt a 8urvey open to all the tsJngregat*)n to assess what had gone well during the kxkdowns and lo begin to find OLrt what W wanted to contlnue doing and to Klentrfy changes vle should make to the way we dKI Ihings before the pandemiG. As an example. continuing to provide a Strean seDhcè was strongly supp)rted lo allow peop to engage th the church even If they wefe unablg to attend in per80n. Coffee In Ihe LivirKJ Room attendees were predominantly from the age groups that Ere most at risk from Covid. No rneelirvJs were hekl unts'l September bLrt throughout dosure the team ptDned the vast majoiity of the atterKlees every week to maintain wntact and to help them deal th any issues that were challenging them. Srnall glfts We delive1 to them al Easter and Christmas. Page 3
Future Plans The PCC regulatly rewews its wod( ar¥J progress against Ihe threè maln 8rea5 identifted in rts Misslon Action Plan (Up, In, Out). Where ttre is good progress. this is celebraled arYJ further opportunities for developrent are Klentified. Where there is not suth good progress. barriers to Ihis are idenlifi&J or changes are made to Ihe ways In vthich ts obJ8ctlves are addr•$sed. Risk Management The Church Wardens cary out regular Health and Safety Reviews and regularly inspect premises for Fvtenlial hazards. We have safeguarding pollcles in place for chlld prolecEDn and for wotk with vulnerable aduts. incltxjing rvJorous DBS checkirwJ of staff and volunteets. Our insurances ar8 reviewed annually to ensure adequate cover. An informal revthv of any new risk5 may impact the work of the Church in the Pansh is ongoing. Structure, Govemance and Management The PCC is a Body Corporate established by the Church of Er¥JlarKI and is a Charity reglstered wlth the Chanty Commissn. Tr¢e PCC is govemed by the Patochhal Church Council Powers Measure 119561 as amended that came into effect on January 1957, and the Church Repr8sentatKJn Rules (contained In sthdU 3 10 the Synod1 (k)VerrVTnt aSUre 1969 as amondodl. The method of apwintmenl of the PCC members is sel out in the Church RepresentatK)n Rules. The Council comprises the Incumbent. the Churchwardens. a representats've of the Readers, those elect&J to the Deanary Synod, and other mernbers who are elected at U)8 Annual Parochial Church Meeting, by those on the Electoral Roll. The PCC members receive training from courses run by the Dbocese. Members of the congregation are always urged to join the Electoral Roll, and to stand for election to the PCC. The PCC membefs are responsible for making dedslons on all matters of gewral )nceM aryj Importan in Ihe parish. and for all financial matlers. The PCC meet 5 times a year, Gtven its fesponsibililies, the PCC has a number of sub commiilees, each dealing with a particular aspect of parish life. These include. Mission aThJ Oulreach IMAG). Buildings and Finan. Each reports back lo the PCC wrth the mlnules of th8ir meeting5. Related Parti08 Donatlons from Relat•d Partles Donations from related partjes during the year totalled £6.672. All these donatk)ns were received wItUt coTr4itions. Remuneratlon pald to Trnsteès One or rnore of the trustees has been paid remuneration or has rec8iv8d other benefits from an employment wrth their drfty. In hls role as Bookkeeper, Dave Watts receives remuneration at a rate of 3 hours a week. During the year he has received a total of £1.638 in respect to this bcK)kkeeping worf( only. No penslon or other beneffts have been paid excepi for expenses IntrJrr•J by him for this VI. The V*rJrk he compbeles as treasurer is voluntsry. Puge 4
Expenseg pald to Trustees Trustee 8xpgnses do NOT IrKlude reimbursement ol OUtf-)(6I expenses 1.8.. vh)ère the ttvslea buys g¢JJds on bghalf of the PCC. No Trustee expenses have b8en Incuffed during th8 year. Reference and Admlnlstratlve detalls The Church is situated in Glebe Road. Bayston Hill, Shrewsbury artty Is part of the Deanery of Shrewsbury. in the Di0e of Lichfield. The corresporKler address Is the Glebe Road. Bayston Hill. Shrewsbury, Shropshire SY3 OPZ. Registe18 charty number 1130889. Our website address is.. https:IAvw4V.bayslonhillchurch.or PCC member5 Vh have sep4ed from 1S1 January 2021 untl th8 date this repDrt was approv& were: Ex Offlclo M•mb•rs The Incumbent The Reverend Peter Hubbard {Chalm)an) Supendlary Curato The Reverend Rachael Famham (until July 21 } Non4llp•ndlary Curat• The RevereThJ Ursula Poncavel Churchward•ns Mr John Farrow Mr John Ashlon Mr lan Peake Deary Synod R•ps Elected Members Méss Emily Watts (Youth r8pf8sentativ8) Mr Joel Pike Mrs Sarah Edwards (Secretsryl Mr5 Sue Horobln Mr Dave Watts (TreasUr> Mr John Hitchirys Mrs Joan Parry Mrs Penny Watkins (steppEd down Oct 21) Miss Ellie Forrester Narn•s and addr8swJ of advlsars Bank HSBC. Prlncess House, 33 HwJh Street. Sh[vsbUry. SY1 1SL. 1ndendOntExarnlfiOr Ll¢hfiobJ Otsxesan Board of Finance. St. Mary'¥ House. The Close. Lichfield. WS13 7LD. ApprOd by ts PCC on ... . 2022 and signed on its behalf by: Peter Hubbard (Chaiman) Chainnanlsecretary etc) Pagr 5
Independent Examlner's report to tbe trusleeslmember$ of Tbe PCC of Christ Church Bxyston Hlll Re8iSicred charity nwnbcr: 1130869 E report on the a)unt5 for the year endd 31 D¢c¢mber 2021 which art set out un the following pagts. Iblll of the Trustee nd Inde ndent Ex1 The charity's trustces are rtswnsible for the preparation of thc accounts. The Lharity's tnL8le(7 consider that an audit is noi rwuir¢d for this yrJr under S¢clion 144 of the Charities Act 2011 (the Ciwitics A¢t) and tlknit i1¢pldent examination is neded. 1¢ is my rfwnsibility io cxaminc ihe accounL5 under seclion 145 of the Charities A¢ to lollow the pro¢dures laid in the Genetal Dirertiong given by th¢ Charity Commission {under section 145(5XI)l of rhe ACL and to state whLthcr particular mAitLTS h¥v¢ ¢om¢ lo my attention. Basls of Ind ndent Examln '$ 5iatemeD fy cxatnindti(Jn w88 ¢arricd out in a¢cordanLe with ihe Gcnernl Directions given by the Cb8rity Commission. An ex4mination includes a rLwiew of the aLLounting rtxords kq>t by the ¢harily and a cotllpdfison of rhe ounls presenied w'iih ihoxc recor(Ls. It alsy) includcs consider&tion of any unusual ilems or discl(F%uTes in the Accou0 aud kIng explanations from the trust¢ concffnin¥ anv such matters. The procedure5 und¢rtaken th) not pro%'ide all thc ¢¥id¢nce that oUld be rcquired in an audit. And conswucntly no opinivn is gil'en 4$ to whL4her the accounis pr(3ent a'true and fair" view and th¢ report is limiied to those motteES Jet out in thc staiernent below. Inde Ddent Ex*mlner' StAt In COnnlI0n with my examinatioiL 110 matcrial matters have tome to my 8lt¢ntion whith givcs me cause io believe ihal in any material res(1. accounling reLr(L$ were noi kept in accordanLY with section 130 of thc Charities ALtt or the aCLounts do not accord wilh the with the accounting records Ihe ¥LLouArs do noi compl). with the applicable requircmcnts ¢onLerning the form aiid ¢ODlcnt of acLX)wi15 set out in the Charities (Accounts ond Rcportsl Regu]ations ?(J)8 1)thLY than any rquiTICttt thai the accoums give 8 tru¢ and fair view which is not a matter ¢onsidet¢d as part of an indcpendent examittiO I hawe come a¥YD5S no other maItS in Lonnection wilh the examination which Attention should be draw in ord¢r (o enable a proper undersi&10¥ of the accounL$ w be rcached. Signed:.................-................................ Jonaihan Hill FC.MA CGMA Lichfield Di(Tr¢¢san Board of Finance St Marys E4ou5e, The Clo%¢. Lichfi¢ld. WS13 7LD Dttte:............................,....,,,... Page 6
The Parochlal Church Coundl of Chrlst Church, Bayston Hill Flnanclal StstemeThts for the Year Ended 31 December 2021 Accountlng Pollcles The PCC Is a publlc benefit entity wlthSn the meanln8 of FRS 102. The financial Statements have been prepared under the Chafltie5 Art 2011 and in accordance with the Church Accountin8 Regulations 2c6 8ovemln6 the indlvldual accounts of PCCS, and wlth the Re8ulatlons true and fair vlew" provislons. They have also been prepared In accordance wth the Charttles SORP IFRS 1021. The financial statemerts have been prepared under the historical c05t convention with items recognised at cost or transaction value unless Otherwise stated in the relevant notes to these aOunt5. The financial statements include all transactions. assets and liabilities for which the PCC 15 responsible in law. They do not Intlude the accounts of church 8roups that owe thelr main affillatlon to another body nor those that are Informal gatherlngs of Church members. There may be mlnof dlscrepancles In the totals as the pence are not being sh¢TNn. Cashllow Statement The Charity has taken advantage of the exemprion in FRS102 from the requlrement to produce a Cash flow 5talement on the ground5 that the income doe5 rjot exceed £s(KI.(. Goln8 Conwn There are no material uncertainlies related to events or conditions that cast slgnrflcant doubt on the charity's abltY to continue as a goin8 concern. Post 8alance Sheet Event The ongoing worldwide outbreak of the COVID-19 vlrus stlll repsentS a slgnlncant event slnce the end of the finandal year. The Charlty has revSewed Its cash flow forecast5 and COndered the impact on 80ing concern, concludlng that the 8t)In8 toncern basls rÈmaSns an approprlate bas15 of prep•rali¢)n for these financial statements given the liely cash flow impact of operations for 12 months from the date of slgnlng this report. Accountlni Estlmates and Prlor Year Errors No changes to accounting estimates have occurred in the reporting period. No material prKJr year eOrS have been identthed in the reporting period. Destrlptlon ol Funds Unrestflrted funds are income fvnds of the PCC th are available for spending on the 8eneral purposes of the PCC, Includlng amounts deslgnated by the PCC for fixed assets fof Its own use or for spending on a future project and which are therefi)ie not included in its.free re5er¥es" as dlsdosed in the trustees, annual report. Rtstfkted funds comprlse of two elements: al Income from trusts or endowments which may be expended only on those restricted objects provided in the terms of ihe trust Of bequesi Page 7
bl donations or grants received for a spedflc oblect or invited by the PCC for a specific objert. The funds mav only be expended on the speclfi¢ object for which they were "ven. Any balance remaining unspent at ihe end of each year must be carrled forward as a balance on that fund. The PCC does not L15uèlly invest separately for eoch fund. Where ihere is no separate investment. Interest ts apportloned to Individual funds on an averagc balance basis. Endtywment funds are restricted funds that must be retained as trust caprtal either pennanently or subjecl to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capttal may be restricted or unrestricled. Full detalls of all their resirictions are shown ir) the notes to the accounts. Ir•come Planned 8ivin& colledlons and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be rneasured with suffKient Teliability. Tax refunds are reco8nised when the incoming resource to which they relate Is received. Grants and Le8acie5 Jre accounted for when the PCC 15 legally entitled to the amounts due and the monetary value can be measured wlth sufficient fellabllity. Dlvidend5 are accounted for when receivable. interest is accrued. All other income is recognised when It Is re(eNable. All Incomlng resources are accounted for gross. Expenditure Grants and donatlons are accounted for when paid over. or when awarded. if that award creates a bindln8 oi construttive obligatlon on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds, All other expenditure 1$ 8enerally reco8nlsed when it Is Incurred and is accounted for 8ross. Governance afid Support Cosis Support costs should be allocated between 8overnance ¢osts and other wpport. Governance costs comprise all costs Invofving public accountability of the PCC and Its compliance with regulation and good practice. Support Costs Indude central functlons and have been allocated to activlty cost categories on a basss consisteni with the use of resource5 e.g., by allocating stafl costs by time spent and other costs by their usage. Flxed Assets Con5etrated and benefice property is not included In the accounts by s.1012llal&lCI of the Charlties Act 2011. Moveable church furnishings held by the IfKar and Chvrchwardens on special trusi for the PCC and which re4uire a facuhy for dispDsal are inalienable property. listed in the Church's invenlory, whkh can be insperted lat any reasonable timel_ For anything acquired prior to 2000 there Is In5uffklent COM Inforrnation available and therefore such assets are not valued in the financial statements. No depreciation is provided on buildings as ihe currently estimated resldual value of the properties is nol less than their carrytng value and the remalnin8 Useful life of these asseis exceeds 50 years. so that any depreciation charges would be Immaterial. The solar panels are depreca1ed on a strai8ht Ilne basis over 12 years. Page 8
Inv•stmènts Investments in quoted shares, traded bonds and slmilar Investments ère valued initially at cost and subsequently at market value at the year end. Invesunents held for re-sale afe treated as ¢urrLy)r ass invements. Debtors Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash expected to be recelved. Credtt+XS and Accwals Creditors are measured at settlernent amounts less any trade discounts. Accruals are measured on best e5tlmate of the amount required to settle the obllgatlon at the reportlng date. Page 9
Bayston Hlll PCC Statemont of Financial A¢Uvttles for tho yoar ended 31 DK•mber 2021 Unnxrl¢itd Ikgi8n#ied Rtxricted fondi fuThd T) Prltsr yer fuiid8 Crnatrons ano IBWI Irwne 113NJ7 s.137 20J7T 134.184 lJ3.T41 IT42 130 (XhBi inrxhO IXJ 1.2r8 141.082 141 lQ.9y) 154.45S 12D.IJQ9 Rino 114.41B 7.671 IB.k 133.321 Toialxpendllur• 19.562 14Z.Q45 QrLry6 translers kn••n fvnds. In Ctoss translBtS •n furs. gut tkner Tr¢ool• IIoM• N1 In ILM 7.778 (T.rnl 1101 1.$$7 11.55n I&T281 4J5• 15,42•1 Total ld8 orth1 10,174 17,997 7•,170 so53 28.355 78.170 Rpv#¥r•d by $0.8SJ 0).174 Chik1r K4risDy 15.951 l.C07 15,951 LiVVJ IIfy)ffl DqcgxaDC Fund Emity CrLry 1,186 1,9b5 224 2,189 67 3,158 lJ43 1A13 224 224 z.i 679 3.156 YuAh Ew*s 1146 Page 10
Bayston Hlll PCC Balance sheet as at 31 Dècember 2021 Tots) f¥A Prl•r r fundi 21.101 17.938 Cash kn IWYJ bl.638 115 10.448 •.124 77. 17.• 21. 74170 fvnd IAI.174 3.156 1146 879 Youth 15.951 1.381 Chthp 224 224 2.189 ¢knh 170 Approved ty the Pwothial Cknch Cthm"l on .....................2022 and on ils bohair ty. The follu•iThJ pa985 frn pwt those a¢o)unts Paze IJ
Stat•m•nt of assets arKI Ilablllties as at 31 Decemb•r 2021 Ceotril i¢d Endo¢ Tol•l¥ 14402 21.wl 21M01 Bqnk llarx)Jil xwni. 04 17.954 2,400 56,145 2W12 17. 2.4DS 31340 1.125 2.912 17.757 221 127 IOS. 42 L(th RLYAI. ios 15a•è•Roatt. 1.13 1.138 825 875 731 70in 17.•Jl 383 426 al•r more1 on• >• ITJ99 U•b411b•s. Cn4•0rn', Arnountslaifiry Sdar •&*fLts•n C4rdw2010_ 2015. 7.1 7,1 7.tgg 1.541 •.741 -718 &741 Jss 17Q Page 12
Fund movomont by typ•- 2021 TriAsf¢r• Iltr•n•. Clk•nl4rfMry 18.4 15,>51 11,41¥ 15 3T2 Jn Cmry. ernlty Z24 1.113 110 18 Y¥•rth.Y•th Mthl•lJy 1 175 1.175 3.150 879 679 •n forY%NA¥Orf 6.847 1•,0471 50,IS3 50 I174 1>J.O 017 7730 Fund Des¢rlptlon Chlldr•n'o MlnFJtry- some giwTrJ iq re8trict&Y by tha dontsr lo 'thll(ken'$ vffjrk. and can onty, thvets8, b8 s1 on expense5 CUrred for workn'ThJ with tyjr chdn lup tg age 111, The chxch Is In re¢•ipi of a ant frryn LKfield Dwxese wtmch is crAd to Chddren's Ministry, for thg th of the Chldren's and FamleS Mls8K>nw. Cof1•• In Llylng Room- ¥ &¥anl was given lo CitLR In 2014 to fund capilal wrrhases. Chrl>tmu ~ church appe8led ft I&atiOnS lo covef Il •Jdilxnal costs of Christmas ev•nis Ift 2020. Encwgh (kNwtlOlls were cdlecbj w cov•r Ihe ¢08ts provJe a surplus. •¥ee¢ by sdIng Commthe Ihat th8sè should be h8ld fvture Christrnas e¥ents. D•coration Fund- This Is for Ihe irrtemal d01810 cl Ihè viwow ai Lo& Ro&Y an¢J Glebe Road is heid by Diocse. For every Q50 trJn$f•trf•J to wc•ag9 arwunl by th8 PCC pw annum, Ihe DK¢ese wll add a bor¥J8 ( E62.50. Yryrth E¥ts - a fuThl PLryse ol payirs M of the colts SO Survivc¥ ¢vont fty Youn9 Peok4e in lh• summ•r. AS Swl Survivor ee8sed In 2019. Ihe funds haw tranglerr•d lo cwer ary resKlentlal th 6v8ni. Vkar• Ol¥cretlonary Fund- a fuThJ for th¢ to arce55 fcr those he feeLs ar•'ln ?rvJ %Id tse11 from grffle rinanual supptrl. A 59cwJ 8iwalcry B requireaj (Church W¥denl lor such sp&vJing be auth(wized. Ytxrth Min•Btry . som giving Is r8Strtted by the nor to ¥oulh work. ond can 0y, Ire1ce be wl on iroJire(J for wc*king wtth wr young people111 +1. Emlty Crump- the (1¢10 lakon al Emills lunefal restrKled to lh8 use pa$tor81 caro town ty her famty. PagÉ 13
Fund movement by typo - 2020 ¢01 .. I'rAw!fer% GAinlM5 Cfvlldw•n6. Mlnwry 12.285 10 19.510 18 9289 16,076 100 c1MP. EmAy¢r Rq¥trkX•J 224 224 1.812 1.811 1.812 1,812 lorO•¢orl 211 211 surAfOr (¥•Cr •JOX. eft D¥y 2 J.d11 1.136 Youth. Youth 1Sraxtry 1 137 1,137 1,050 2.145 41 Resmctsd 679 079 1,130 •1,130 137271 1373T1 e0.174 11.5501 Analysls of Incomo and exp•nditur• for the year ended 31 Docomber 2021 Total rtstricl LDdothettt vtxr INCOME AND ENDOWMENTS Oonatlons legacies Grfl Arfj NC Gift Colo¢lh rJ Giwir¥J Env8W Hned Giwir¥J Envwcpo 28 64.246 84267 8.345 4.318 255 10 1.076 11.98B 9,OlS 1,195 870 9S Loose pl*. colkntwjns Oonall$ etc Tax rèCoV¥e on Leg1&5 Reojrnng 1.683 15,621 1B,498 1,000 9.417 0.338 18,XK) 9.417 8.8J3 Oth¥ genethd Solar ItKomg 12.544 113,607 13 1U141 Td 20,577 134,184 Page 14
Ine¢rn• Irom ch•rtt•bl• actl¥ltl•• F8aslcf YthJirYJ5 aTrJ fi315 Chuth hall 1.877 1.121 3.816 5.162 3,742 Oth•rlradhig Parw cIf4clie3 D¢Thiths 2S 25 In¥•tm•nt• Bank tlang lty& CeF 1>) 130 1>) lknr Intm daims IS244 1.319 104 GilLR TeCoffee S8wr Cilizeffj LLbKh•s 1.135 15 126 .276 149 1.135 141 COME TOTAL EXPENDrruRE R•i•ing fvnd¥ 8ar & Go CorJe99 L¢ In 393 r)tsl 393 Exp•nditur• on thurft•bl• ¥it• lo mi55ion8ry & ollwctsni Partsh Sh8 Panth sho SuFWrt Other Salary ol 9h nlr4str•lor 7,685 .367 16,697) 22.191 10,653 837 8,7 80,$87 110.0461 23,540 10,525 17.988 10,853 Othor EXne Clalrrv4 mil•ag• 25 142 Vic¥s Kilchen 8XFer Coffee in ts Lp4ir¥J Rcyn ExFth$88 P81ish trankwj and Chuth rurwbry . ir6uwce Chuth office. lelefv• chu 470 470 1S 916 25 1J75 1.012 12 1.612 12 7J12 20.715 & ClethJ P&[r Upk8ep of $8tv Upkeep ofdvJlchyj 114 114 118 2.431 1286 2,431 2,023 1.7 Lk•Kes & 14 642 Pdge IS
Chuych va-goI wa H1 rfIEra. mairtonaTh GOVn costts examatsxl•Jdt 1.818 758 1.816 268 823 Totsl 211 150,705 114,418 18 133.321 Othw •xp•ndltut• TCoffee cL'S Wcvk Co YtyJth WL¥k Costs SlipwL&ary CurAte$ Ex$08 5brnthary Curato's nil&¥e Owialtjn 41 41 495 1&5 771 42 71 Tl 254 7.671 EXPE141XTURE TOTAL 8.331 142.Q45 19.582 1S9.884 GRAND TOTAL 2.474 5,429 Io¢aiion ol Su Support CQ5ts comprbe Trusiee Trainin8 an¢J Go¥mèntè C05tt ett. Due to the nvre of the flnal activit of tlTre PCC these would be allocaiEd attosx (lbI Expendtfure whlth cornprises rhe maiorlty ol irs expenditure and as such are automatitally tharKed ihefe. Wa8e5 and SalaftE5: No of Employees Ipart timel., No. of Employees Ilull timel Durine Ihe first kkdOw, I mmbef ol staff fvdw8hed for a ptricl vl time. Thbs Income 15 seen in line 08AI Inofvrecurrth8 grant51. trIng th&ar thè PCC ern0ve a bookk¢epw. Children and fart1$ Mlssittner. deaner and adrnlni51rator lall part- Ilrnel and no payiknts wert large enough LO attra¢( $0(iJl Costs. There were no ernployee benefits io k managèmont pÈrsonnd In the prwous tyr currem year. £32J44 £34.065 The PCC use ihe Navorwl Emwtyment 5ln8s Twu51 INESTI loi its PtrsvJn p4ymMts Whe apwkable. Dave waits, a trustÈe of the PQ v4a5 pald £1.635 Ihe PCC duriwihe yar for his role •5 Oookkeeper. £0 pension cgnirlbullms wero rnade by the PCC In nnec[lOn with this ernployffleTh¢. Ilo Trustee #xponsts have been Incuril duriTr8 the year Donaiions from relaied paide5 IPCC rnernbersl I011*d É6.67212020 £18.312k Thè iThJepÈndeni evnMner fees.. FollovrinB d15W5slon ty PCC. the one month febate from the dlocese lor Partsh Share In 2021 w•$ 4repd to iransler ttsihe Childfen's Fund In or4Jer 10 suppori Ihe w¢rk ol the ¢hll¢ren and Familie5. mer. Pa8e 16
Solar Panets so1 Pwels Atcost At Isijanu Addit)5 86.392 86.392 At 315¢ Decembef 86.392 A<¢¥rnwbiqd D•pr•dètlo At Isi Januory Chae foryear At 3tst December 64,791 7.199 57,592 7.199 et Book Value ¥t tstjanuaty Oookvahbe •t 31st i*mb¢r 21,1 14.402 .106 5d•r Pa1$ WLYe knstalled on the £huich i¢)of In 2012 and were paid for by w•y cl a loan from the Di¢)ce5è. This loan 15 repayable 12 yeaw5. but thtr¢ 15 a moratoriLIrn oll TEpaymernES ESntil the of M•rth 2021, due to the Covid-19 p4rthmic, The 5dJr panets 6enernted Inco ol É1154412020 £13.3321. The water ller in ihe kttthen some of the ener8Y 8#ted io heal for the kltthen and tob1% 20 2020 HMPC l&ft dI 2.3 Eun ¢Joss Lane IGwllliam Bequestl J2.338 83 S)l•r partel Ivan Arwunts Payable LS¢I 1.718 esirkred 426 9.124 Pagc 17
du¢ aftr 2020 20 sar panel loan- e aftef mofe than I year Solar panel loan- due between 2-5 7.199 7,199 10.8C 17.9YJ l4.4CIJ Total 2L599 The loan the solaf pands is with thè Diocese. It is è 12 year ban iakon in 2012 repaid equa5 quan ini•llrnonts plus iThtere5t. For ihe pefloo March 2020- March 2021. the loan iepayrnents have bew paused. the Ctiwd pandernho means thai ihe trddate ol the loan has been exrended by 12 monihs. mffl •Atkted FI5 nds nd5 Fi¥ed Asseis 14.4)1 14.402 Assets Current Assets 63.lyj 89.928 Current Lsabilities Lore Tefrn Liabilitbes 117.gJl 53 26J55 Y?207 Oes1ted nds Aetrio•d EndLV4yrnnt Tgt 2LfA)4 Invests*ent Assets Curreni Assets Ctsrrenr Liabilities 18.6L6 lo Twm uabilities 6Laio 17.Y¥S 74170 Page 18
Statement of Flnanclal A¢llvltles for the year ended 31 D0mbar 2020 Unrmirlcttd ReAts4ttsd •d• Total fumdl Prior y¢4r t•t•l fllw15 119.013 1742 2$ 14.728 133,741 3,742 144232 IrKorn8 from thBnlable athliBB 31 Inve$tsrrf¥ 45 16.751 139,57 Tot•1 ar •hd¢ymll from: 14M7fj 154,4S4 157,$42 Exponditurg on: Expen(Itum onr)11 •lll•¥ 131.753 18.951 8t2 19.7 19).704 158.7 Totd •xp•ndhur• 140.119 159,884 1YI.145 N•t kncorn• I l•xp•ndttsLr•l 14,88TI 113,6021 Gross trants fvn05. in 418 1,557 8.815 15 113,e021 N•1 NKom• I 1•Xp•hIkMl 1448•1 1&4291 Other reco18•d So• m0M•t in fun¢J 1•59) 144891 15.421) {13.q021 61,133 228 83.599 97.202 6A174 17.998 7&170 R•pr•Mntsd bw UM••trlcl•d ).174 e.174 e1.13J Deld Day 2020 Chlkjms MlThaty Chhstrnas 16,076 1.381 1.$43 1.813 224 93 679 2,146 1.381 1,3B? 1,812 224 1,150 DecNalion FurMI Emty CoJmp 224 Fd Even YLwih Mirf8VY 679 2.146 1,137 Pagc 19