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2021-12-31-accounts

ANNUAL REPORT

and

FINANCIAL STATEMENTS

of the

PAROCHIAL CHURCH COUNCIL

of the parish of

ST MATTHIAS, ST MARK & HOLY TRINITY, TORQUAY

for the year ended 31[st] December 2021

ANNUAL CHURCH MEETING MA Y 2022

C O N T E N T S
Administrative information Page 2
Structure, Governance and Management Page 3 - 4
Objectives and Activities Page 4
Achievements and Performance Page 4 - 7
Safeguarding Page 5
Churchwardens’ Report Page 7
Deanery Synod Report Page 7 - 8
Financial Review Page 9 - 10
Reserves Policy Page 10
Independent Examiner’s Report Page F1
Balance Sheet Page F2
Statement of Financial Activities Page F3
Notes to the Accounts Page F4 - F5
Income and Expenditure Page F6 - F10
Operating Income & Expenditure Summary Page F11

ANNUAL CHURCH MEETING MAY 2022

Page 1

Parish of St Matthias, St Mark and Holy Trinity, Torquay Annual Report of the Parochial Church Council for year ended 31st December 2021

Administrative Information

St Matthias Church is situated in Babbacombe Road, Torquay, Devon, TQ1 1HW, which is the correspondence address. The website address is www.st-matthias-church.org

The Parochial Church Council (PCC) is a charity registered with the Charity Commission (Registered number 1130983)

PCC members who have served from 1[st] Jan 2021 until the date of this report are:

Incumbent: Rev’d John Beckett
Lay Vice Chair: Paul Stannard
Associate minister: Rev’d Paul Barton
Curate : Rev’d Pete Norris (from Sept 2021)
Wardens: Sylvia Barratt
Paul Stannard
Secretary: David Wilkinson
Treasurer: Tony Barratt
Reader: Ruth Beckett
(ex-officio)
Readers: Norma Gerry
Alan Taylor
Lindsay Glazebrook (to August 2021)
Representatives on the Deanery Synod:
(ex-officio) Sue Davies
Giles Fearnley
Andrew Stilliard (Diocesan Synod Rep)
David Wilkinson (Diocesan Synod Rep)
Elected members: Tessa Barton
Cheryl Bevins (from APCM 2021)
Julie Bouskill (to APCM 2021)
Keith Broome (from APCM 2021)
Angela Boyd (to APCM 2021)
Norman Doidge
Kevin Francis (from APCM 2021)
Anya Jones (from APCM 2021)
Jill McDowall
David Meek
Phil Miles
Sue Newman
Hilary Stilliard (to APCM 2021)
Graeme Whitaker (to Dec 2021)
Elaine Wilson (to Dec 2021)
Suzy Wright

ANNUAL CHURCH MEETING MAY 2022

Page 2

Structure, Governance and Management

The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and having been on the roll for six months are eligible to stand for election to the PCC. In addition to its regular meetings the PCC operates through a Standing and Finance Committee and a number of committees (known as ‘Action Groups’), which meet as required, and report back to the PCC. These are:

Standing and Finance Committee

This is the only committee required by law. It has power to transact the business of the PCC between its meetings, subject to any direction given by the Council. It also oversees the financial aspects of the work of St Matthias and the Church Centre. The committee comprised:

Rev’d John Beckett (Incumbent), Sylvia Barratt (Churchwarden), Paul Stannard (Churchwarden and Vice Chair), Tony Barratt (Treasurer), David Wilkinson (Secretary)

Action Groups: (listed alphabetically)

COMMS Action Group: To identify and manage the implementation of all communication and publicity requirements for the Church and the Church Centre, liaising with other groups as necessary and utilising the most appropriate and up-to-date tools, ranging from hard copy publications to online and social media platforms.

Chair: Suzy Wright

Eco Action Group: To challenge the whole church and us as individuals by promoting the Anglican’s 5[th] point of ‘The Five Marks of Mission’ – ‘to strive to safeguard the integrity of creation and sustain and renew the life of the earth’; this includes awareness of the climate change and other ecological anxieties facing us in Torbay and the world.

Chair: David Hodson

Finance Action Group: To ensure that all aspects of the church finances are managed effectively and efficiently and that all statutory and regulatory requirements are met. Chair: Tony Barratt

Maintenance Action Group: To ensure that the buildings and grounds are kept in a good and safe state of repair for all users of the premises, enabling the church to be a place for worship, making disciples and transforming communities.

Chair: Paul Stannard

Mission & Outreach Action Group: To enable the church to ensure that we are outward-looking in our work, witness and resources, taking every opportunity to spread the gospel message within the Parish, the Bay and further afield, in order to encourage people to start on their faith journey and to grow in Christ. Chairs: Joanna Wilkinson & Andrew Stilliard

Pastoral Action Group: To organise and manage the provision of support and friendship to those who are unable to come to St. Matthias due to age or infirmity, helping to alleviate loneliness and encouraging them in their journey of faith through the difficult times. Chair: Elaine Biden

ANNUAL CHURCH MEETING MAY 2022

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Prayer: To organise and implement prayer for the needs of the world and to cultivate the message that prayer lies at the very heart of a Christian’s relationship with God and in every activity undertaken within St. Matthias, by providing a variety of opportunities to explore and deepen that relationship, both by personal prayer and corporately.

Chair: Andrew Green

Pre-School Management Committee: To provide Early Years Services to Pre-School children from the local community and to provide After School and Holiday Club services to a wider range of Pre-School and Primary School age children, with a view to valuing and nurturing every child, and to seek to show God’s love to all children.

Chair: Sylvia Barratt

SCYP Action Group: To provide relevant and engaging activities for all age groups of children and young people both within and outside St. Matthias, enabling them to grow into and in their Christian faith and, with their leaders, reach their full potential in Christ. Chair: Tessa Barton

Service Ministry: To provide high quality worship services as agreed by the Incumbent and the PCC, in conjunction with the staff team, that enable people to offer their worship and grow in their discipleship and encourage them to play their part in the kingdom work of transforming communities. Chair: John Beckett

Stepping Stones Action Group: To ensure that the church has a suitable and clearly signposted range of stepping stones for people to use, to enable them to feel that they belong to the church family, find friendship and grow in their journey of discipleship – and continue to do so. Chair: Keith Yelland

Objectives and Activities

The PCC has the responsibility of co-operating with the clergy, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has operational and maintenance responsibilities for the Church and Church Centre.

Achievements and Performance

Church Attendance

At the time of the last Annual Meeting, in May 2021, there were 214 parishioners on the Church Electoral Roll. This year the electoral roll has been open for revision until 24[th] April. Revised numbers will be reported at the Annual Meeting.

Each year we report our participation numbers (the number of people who worship with us at least monthly) which allows Diocesan fund contributions to be calculated. Prior to covid the number we reported was 213 but with the reduction in in-person attendance, in 2021 we have submitted a figure of 165.

Review of the Year

As recorded in last year’s Annual Report, from March 2020, the church was closed for all services due to the national lockdown, as a consequence of the Covid-19 pandemic. From July 2020, the church was open again for private prayer and a short 11 am service, with facemasks and plastic screens, social distancing and sanitising, but without singing or communion. Sadly, November 2020 saw the start of a second lockdown, when we returned to online worship only.

ANNUAL CHURCH MEETING MAY 2022

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We recommenced in-person worship at Easter 2021; we were able to sing again – but only outside. This though was a great opportunity for Christian witness. Since then we have seen a steady increase in numbers for 11 am services – less so for 9.30 am Zone services. Some have not returned to worship in person but follow services online. Since March 2022 the Zone Services have been replaced by ‘Encounter’ and ‘Explore’ Services at 9.30 am and 4.00 pm.

Ilsham and Warberry were able to return to St Matthias for their services at Christmas, though without parents; these services were livestreamed. This Easter it was great that we could welcome the children and their parents into church once again for school Easter Services.

Safeguarding : Sue Davies continued in the role of Safeguarding Officer. The PCC has complied with the duty to have due regard to the House of Bishops' guidance on safeguarding children and vulnerable adults under section 5 of the Safeguarding and Clergy Discipline measure 2016. Information regarding Safeguarding can be found on the first page of our website. We are also required to delegate to the diocese the responsibility of reporting serious safeguarding incidents to the Charity Commission, in accordance with the House of Bishops’ Guidance. Safeguarding is a standard item on all PCC agendas. ‘Promoting Safer Church’ documents are now on display. Sue has completed the safeguarding dashboard and reapplied to be a trainer. There is greater emphasis on reporting all safeguarding incidents going forward. Safer recruitment practices (including DBS clearance) are followed at St Matthias to be protective of vulnerable members of our community.

In a separate document there is a report of the activities of various groups in the church. Throughout 2021 and to date the PCC have met bi-monthly – remotely by Zoom. In 2021 the PCC held 7 meetings during the year, all by Zoom. The average attendance at PCC meetings was 83%. PCC business generally falls into one of three categories: Worshipping God, Making Disciples and Transforming Communities. Items brought to the attention of and considered by the PCC have included:

ANNUAL CHURCH MEETING MAY 2022

Page 5

So many good things are happening here at St Matthias. I would encourage you to read the Reports from Groups. Please pray for our groups and their leaders. If you feel encouraged to support them, please speak to the named people. The Friends of St Matthias work closely with the PCC to ensure that all the money they raise is spent for the benefit of the church, in accordance with their charitable objects. The PCC wish to record their thanks for the financial support they receive from the Friends.

ANNUAL CHURCH MEETING MAY 2022

Page 6

The PCC would also like to thank Chairs and members of all Action Groups (see list on pages 3 - 4 of this report) that meet, either virtually or face-to-face, to help it carry out its many responsibilities in the numerous and varied aspects of the life of St Matthias. The help and support they provide is greatly appreciated. We continue to be indebted to them all for the commitment and dedication they show and to all those who give unstintingly of their time and their talents . Thank you.

The PCC would like to record its appreciation of the leadership of our Rector, John Beckett, ably supported by Paul Barton and Pete Norris, our retired clergy, our Readers, our Churchwardens Sylvia and Paul, Pere and all who work in St Matthias – paid staff and volunteer alike. This has been a challenging year for everyone and we owe a great deal to our clergy, staff and their families. Thank you . Having given notice, in November 2020, of my intention to step down from the position of PCC Secretary at this year’s annual meeting, this will be my final annual report. I should like to express my appreciation to all those who have assisted me in that role over the years; this year I have valued the support of Suzy Wright in her role as Minutes Secretary.

David Wilkinson

PCC Secretary

May 2022

Churchwardens’ Report to the 2022 APCM

Another year has passed and once again we want to thank the Clergy team for steering us through, following on from the impact that the coronavirus has had on our services, worship and pastoral work. We are so glad that we have been able to hold services in church once again throughout the past year; singing has resumed albeit wearing masks, and gradually numbers have increased. Live streaming of some services has continued and is much appreciated by those unable to attend church.

We would like to thank everyone who has served in whatever aspect of church life during the past year. We are always on the lookout for helpers whether it be making coffee, welcoming at services, taking on one of the readings or any one of the many parts of church life – do speak to us and it would be good to have your help.

It has been good to welcome Pete Norris as our curate during this year together with Rachel and family. His help and leadership with the Young People’s work has been gratefully received. However, we were sorry to say ‘goodbye’ to Lindsay, one of our Readers, who returned to Bath – her ministry is sadly missed.

Once again, the Churchwardens made minor changes to the Health & Safety policy and all necessary inspections have been carried out on the building, including, during the year, the Quinquennial Inspection, that we are required to have every 5 years. Remedial work has been carried out as necessary.

Paul & Sylvia

Report of the Meetings of Deanery Synod

Your lay representatives are Sue Davies, Giles Fearnley (Deanery Lay Chair), Andrew Stilliard (and on Diocesan Synod until Sept 2021) and David Wilkinson (on Diocesan Synod from Sept 2021). Members of our parish clergy also attend. Since the last Annual Report there have been three meetings of Synod, all held by Zoom. Rev’d Nathan Kiyaga, Chaplain at St Cuthbert Mayne School, continues as Rural (Area) Dean, ably supported by Fr. Peter March and Rev’d Stephen Yates as Assistants.

The main items of business, besides finance and progress with Common Fund payments by the parishes, were:

ANNUAL CHURCH MEETING MAY 2022

Page 7

We can be there for all people, undefended, since we are deeply rooted in the faith that we believe God has gifted to us.

David Wilkinson

Deanery Synod Representative May 2022

ANNUAL CHURCH MEETING MAY 2022

Page 8

Financial Review

Despite the ongoing Covid pandemic, which meant that, during the first few weeks of the year, we were not holding live services and, for several months, rooms were not being hired in the Church Centre due to the restrictions in force at the time, the financial impact on St Matthias was not as drastic as it might have been, as the accounts demonstrate. One of the main mitigating factors from a financial perspective was that the bulk of our voluntary (unrestricted) income ( 83% of the total ) came in as planned, regular giving, either via the Parish Giving Scheme ( PGS ), which accounts for the majority, or other online and cash donations in a few cases.

The Balance Sheet ( Page F1 of the Accounts package) is considerably healthier than last year, due principally to a much lower Liabilities (Creditors) figure of £17,939 compared to £48,832 in 2020 and higher cash assets (£121,135 cf. £90,340 in 2020). The combined effect of these topped up our Unrestricted Funds figure from £43,582 to £88,773 . The reduction in the Liabilities figure was due to us paying off the final Wellspring bills during the year, which enabled us to fully sign off the project with no outstanding debts. Grateful thanks are due to all those church members who responded so generously to our appeal at the beginning of the year, raising just over £31k which, effectively, replaced the shortfall in our Reserves Fund (i.e. money that we had allocated at the end of 2020 from this fund to pay off the final bills), bringing it back to the target figure of £70k , which we initially thought may take considerably longer than just one year to achieve.

The other significant figure on the Balance Sheet is the amount of money in the Restricted Fund for Youth Work, up from £6,073 in 2020 to £19,645 at the end of 2021, providing a solid financial resource for payment of a salary to the Youth Worker we are trying to recruit. Thanks are also due to those church members who pledged to make regular donations to this fund which, at the end of the year, was bringing in about £2k per month.

The Statement of Financial Activities (SOFA) on Page F2 , shows the overall income and expenditure for the year, broken down into the few high level categories commonly reported across the Church of England, as well as transfers between funds. Subsequent sheets in the pack break this down into considerably more detail, Pages F5 to F9 showing a breakdown against all the booking categories that we use. As in previous years the Operational Income and Expenditure Summary ( Page F1O ), which excludes exceptional items such as legacy income, restricted and designated funds and Wellspring, shows a much more informative picture of the day to day financing of activities in our three main areas of operation i.e. the Church, Church Centre and Pre-School.

The first point to note is that, despite the ongoing challenges of 2021, remarkably and thankfully, we still ended up with an operational surplus of income against expenditure of £9,257 , somewhat lower than the surplus recorded in 2020 but, nevertheless, still a positive figure. Some of the major factors that contributed to this, referencing the three areas of operation, were:

(i) Church

ANNUAL CHURCH MEETING MAY 2022

Page 9

(ii) Church Centre

There was a higher level of activity in the Centre with some hirers returning following relaxation of the Covid restrictions and also a number of new hirers starting to use our premises, reflected in a 60% increase in income to £35k . With income from the Furlough Grant still offsetting our salary payments and other expenditure continuing at a similar level to 2020 this led to a modest surplus of almost £3k compared to the previous deficit of £10.8k , demonstrating a significant recovery over the year.

(iii) Pre-School

Pre-School income, comprising Early Years funding from our local Council and payments from parents for additional sessions, was up substantially (by almost £39k compared to 2020). This was principally due to a large increase in the number of children registered, leading to us receiving a higher level of per pupil funding from our Local Council, and also a corresponding increase in the number of parents requesting extra sessions over and above the funded ones. This, of course, led to higher staffing and other costs, reflected in the overall expenditure figure of £73.6k . Income and expenditure does vary, sometimes quite noticeably year on year, depending on the numbers of children attending, which clearly is not directly under our control, although we do advertise our facilities very widely during the year to attract as many pupils as possible in the 2/3 year age group. When surpluses occur, as in this report (+£7.5k ), our policy is to re-invest the excess in buying new equipment, toys, books etc. as well as carrying out repairs/refurbishments of the facilities, both indoors and outdoors in the enclosed play area and the Forest School. It is also used as necessary to provide additional financial support in the leaner years when numbers may be down.

Finally I would like to thank those who help out in any way with the church finances, in particular, Trudy Guy, our book keeper, who started work again during the year, as we were emerging from the pandemic, assisting me with some of the accounts administration tasks and setting up invoice payments, and also Sylvia Barratt, who continues to manage the ‘Statutory Account’ covering weddings and funerals held in the church, the funds for which are handled via a separate bank account. The transactions in this account are not visible in the published accounts as all associated income and expenditure does not impact on church funds (as, basically, what comes in goes out). The accounting rules we operate to are such that we are not required to include these details in the published accounts but they do have to be submitted to our Independent Examiner and so are covered in the approval statement.

I would also like to thank all our church members for their generous financial support during the year that has led to us not being as severely impacted by the pandemic as many churches, charitable and commercial organisations have been. As I earlier referred to the major part that giving via the PGS has played in us ending up in that situation, I would like to urge those who do not give regularly or who are still giving via the offering plate or in other ways, to consider whether you could make a regular commitment by signing up to the PGS scheme (details available on our web site and via leaflets at the back of church).

Tony Barratt

Hon Treasurer

Reserves Policy

It is a requirement of the Charity Commission that all registered charities should have a Reserves Policy, designed to cater for the ongoing viability of the organisation in the event of unplanned/unexpected circumstances arising. Our policy is now based on retaining approximately 3 months’ normal expenditure as unrestricted funds in our accounts, made up from items considered to be essential in the event of unexpected circumstances preventing us from running one or more of the three separate entities that comprise the St Matthias Church registered charity. The amount that has been calculated for this purpose, including an appropriate amount for contingency purposes, is £70k-75k.

ANNUAL CHURCH MEETING MAY 2022

Page 10

Independent examlner's report to Ihe Parochial Church Council of St Matthias. St MaTk and Holy Trinity. Torquay I report on the accounts of the Parochial Church Council for the year ended 31 Decemlxr 2021, which are set out on pages 2 10 8 is in respect ol an examination carried out in accordance with Section 145 01 the Charities Act 2011 and the Church A(xounling Regulations 2006. Respective responsibilities ol the Parochial Church Council and Ihe examlner The Parochial Church Council members are restK)nsible lor the preparation ol the accounts. The Parochial Church Council members consider that an audit is not required lor this year under section 144121 ol the Charities Act {Ihe 2011 Act} and that an irxlependent examination is needed. 11 is my responsibility to= examine the accounts under section 145 of the 2011 Act to follow the procedures laid down in the general Directions given by the commission under section 145151 of the 2011 Act to state whether particular matters have come to my attention Basls of Sndependenl examlner's report My examinalion was carried out in aco)rdance wilh the general Direclions given by the Charity Cofflmission. An examinalion includes a rewew of the a¢xountsng records kept by the Parochial Church Council and a comparison ol the accounts presented wlh those records. 11 also includes consideration ol any unusual items or disclosures in the accounts, and seeking explanations from you as members of the Parochial Church Council conceming any such matters. The prccedures undertaken do not provide all the evidence that woukl required in an audil and consequently no opinion is given as lo whether Ihe accounts present a Irue and lair view. and the rep)rt is limiled lo those matters set out in the next statement. Independent exarniner's statement In connection wth my examination, nothing has come to my attenlton: {1} which gives me reasonable cause lo believe that any material respect ol the requirements.. lo keep accounting recx)rds in accordance with sect￿n 130 01 the 2011 Act arid lo prepare accounts which accord wlh the accounting records arKI comply with the accounting requirements ol the 2011 Act have not been mel or 12) to which, in my opinion, attwb.on should be drawn in order lo enable a proper underslanding ol the accounts to be reached David Cook FCCA Smarter Accounting 5 Den Road Teignmouth Devon TQ14 8AR 16 February 2022 P*4g8 Fq

St Matthias, St Mark & Holy Trinity, Torquay

Balance sheet As at: 31 December 2021

As at 31/12/21
As at 31/12/20		 As at 31/12/21
As at 31/12/20
Tangible assets
Debtors
Cash at bank and in hand
Creditors: Amounts falling due in one year
Creditors: Amounts falling due after more than one year
Unrestricted - General fund
Total Unrestricted
Designated - Girls Allowed
Designated - Matts Cats
Designated - Social Core
Total Designated
Restricted - Children's Bibles
Restricted - Flowers
Restricted - Music
Restricted - Youth Bank
Restricted - Youth Work
Total Restricted
Net current assets less current liabilities
Total assets less current liabilities
Liabilities
Current assets
Fixed assets
Funds of the Church
Represented by:
Liabilities
Total net assets less liabilities		 1,651
4,587
1,651
4,587
5,595
6,606
121,135
90,340
126,731
96,947
17,939
48,832
108,791
48,115
110,443
52,973
-
1,651
110,443
51,321
88,773
43,582

88,773
43,582
98
618
461
799
497

1,516
958
22
-
278
278
207
207
-
220
19,645
6,073

20,154
6,778
110,443
51,321

Approved by the PCC on 28 February 2022 and signed on its behalf by:

Page F2

St Matthias, St Mark & Holy Trinity, Torquay

Statement of Financial Activities

For the period from 01 January 2021 to 31 December 2021

Unrestricted
funds
Designated
funds
Restricted
funds
Total
funds
Prior year
total funds
Income and endowments from:
Donations and legacies
Charitable activities
Other income
Expenditure on:
Charitable activities
Other expenditure
resources before transfer
Total expenditure
Net income / (expenditure)
Total income		 162,396 - 16,729
179,125
177,065
150,707 558 -
151,265
96,995
8,668 - 30,143
38,812
109,826
321,772
558
46,872
369,203
383,888
289,938
14,853
3,314
308,107
268,597
(29,258)
27,867
3,364
1,974
79,468
260,680
42,721
6,679
310,081
348,066
61,091
(42,162)
40,193
59,122
35,822
Transfers
Other recognised gains / losses
Reconciliation of funds
Represented by:
General fund
Girls Allowed
Matts Cats
Social Core
Children's Bibles
Flowers
Music
Youth Bank
Youth Work
Restricted
Unrestricted
Designated
Net movement in funds
Total funds brought forward
Total funds carried forward
Gross transfers between funds - out
Gains / losses on investment assets
Gains on revaluation, fixed assets
Gross transfers between funds - in		 34,445
49,853
3,308
87,607
178,659
(50,346)
(7,132)
(30,128)
(87,607)
(178,659)
-
-
-
-
-
-
-
-
-
-
45,190
558
13,373
59,122
35,822
43,582
958
6,781
51,321
15,499
88,772
1,516
20,154
110,443
51,321
88,871
-
-
88,871
43,582
-
98
-
98
-
-
618
-
618
461
-
799
-
799
497
-
-
22
22
-
-
-
278
278
278
-
-
207
207
207
-
-
-
-
220
-
-
19,645
19,645
6,073

Page F3

ST MATTHIAS, ST MARK and HOLY TRINITY, TORQUAY Notes to the Accounts 2021

1. Basis of Financial Statements

These financial statements have been prepared under the Church Accounting Regulations 2006 in accordance with applicable accounting standards and the current Statement of Recommended Practice, Accounting and Reporting by Charities SORP (FRRSE) 2015 . They have been prepared on an accruals basis under the historical cost convention and include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.

2. Accounting policies

(a) Fund Accounting

(i) Restricted Funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grants for a specific PCC activity intended by the donor.

(ii) Unrestricted Funds are income funds which are to be spent on the PCC’s general purposes.

(iii) Designated Funds are general funds set aside by the PCC for use in the future. Project funds are designated for particular projects for administration purposes only. Designated funds remain unrestricted and the PCC will move any surplus to other general funds.

(b) Incoming Resources

Planned giving, collections and similar donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is entitled to the use of the resources, their ultimate receipt is considered reasonably certain and the amounts due are readily quantifiable. Interest is accounted for as and when accrued by the payer. All incoming resources are accounted for gross.

(c) Resources Expended

The Common Fund expected to be paid over to the Diocese is accounted for when due. All other expenditure is generally recognised when it is incurred and is accounted for gross.

(d) Fixed Assets

Consecrated and benefice property is not included in the accounts in accordance with Section 10(2) (a) and (c) of the Charities Act 2011 .

Movable church furnishings held by the Rector and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church’s inventory, which can be inspected (at any reasonable time).

Page F4

St. Matthias Church Centre was built in 1985/86 at a cost of £198,629 and the extension to it was subsequently built at a cost of £146,355. During 2010 an extension to the Pine Room was constructed at a cost of £98,266. All these amounts have been written off as expended and consequently no depreciation is required. Expenditure on Church Centre furniture and equipment is written off as incurred. The cost of PV Solar Panels, purchased with the help of a loan from the diocese is being written off during the period of the related loan at the same rate as the capital paid off.

3. Contingent Liabilities

In the event that either the premises are sold or the Pre-School ceases to operate for reasons within the PCC’s control, a portion of the grant from Torbay Council received in 2010 (£83,156) may have to be repaid.

4. Payments to PCC members

No member of the PCC received any salary or expenses in connection with their role on the PCC.

5. Staff Salaries / Payments

3 staff were employed by the Church/Church Centre, gross salaries paid out during the year being £33,900 . 5 staff were employed by the Pre-School, gross salaries paid out during the year being £73,609 .

Pension contributions on behalf of 3 eligible employees were paid to the Church Workers Pension Fund (CWPF) in line with current UK Pension legislation (included in salary figures above).

6. Funding from Friends of St Matthias

During the year the Friends of St Matthias, a charity set up for the sole purpose of supporting the church via the funding of various works, contributed the following:

Border Hedge Trimming £1,656
Boiler Repair £802
Total value of contributions: £2,458

7. Income and Expenditure – Details

Pages F5 to F10 show a categorised breakdown of all income and expenditure with comparative figures for 2020.

Page F11 shows a 1 page summary of the day to day ‘operational’ income and expenditure in our 3 main areas of operation i.e. Church, Church Centre and PreSchool. This excludes Legacy Income, Restricted and Designated Funds and the Church Re-development Project and therefore shows a much more realistic picture of our financial performance in those 3 areas.

Page F5

ST MATTHIAS, ST MARK & HOLY TRINITY, TORQUAY

Income and Expenditure - Details by Category

Income and Expenditure - Details by Category
For the period: 01 January 2021 to 31 December 2021
2021 2020
INCOMING RESOURCES
Church Activities Income
A01: Breakfastzone - 16
A02: Chat at St Matts - 26
A03: Fees Receivable 2,004 1,384
A08: Social Core 302 -
A10: Minibus Donations - 204
A11: Matts Cats 157 170
A12: Girls Allowed 98
Total for Church Activities Income 2,562 1,821
Church Centre Income
B01: Hirers 34,946 21,644
B02: Pre-School Printing 1,500 -
B03: Private Photocopying 65 42
B04: Sundry 6 11
B05: Tea & Coffee 104 164
B06: HMRC Furlough Grant (CTR) 5,347 6,945
Total for Church Centre Income 41,969 28,807
Church Re-ordering Project
S04: Pledges & Donations 9,117 58,362
S05/06: Pledges & Donations G/A 22,026 21,407
Total for Church Re-ordering Project 31,143 79,770
Friends of St Matthias
E01: Agreed Funding 2,458 2,319
Total for Friends of St Matthias 2,458 2,319
Investment & Sundry Income
D04: Sundry Income 92 2,552
D07: HMRC Furlough Grant (CH) 2,228 5,704
Total for Investment & Sundry Income 2,321 8,256

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Pre-School Income
C01: Fees Torbay DC (PS) 80,791 53,713
C02: Holiday Club (PS) 9,345 6,875
C03: Other Income (PS) 106 280
C04: Parents Payments (PS) 21,837 12,442
C06: HMRC Furlough Grant (PS) - 14,854
Total for Pre-School Income 112,080 88,166
Voluntary Income (General)
F01: Collections - 2,213
F02/3: Collections G/A 5,272 1,189
F07: Legacies 15,344 26,566
F08: Misc Donations 4,083 4,367
F09/10: Misc Donations G/A 15,364 5,987
Total for Voluntary Income (General) 40,065 40,322
Voluntary Income (Planned)
F21: Planned Giving 400 1,055
F22/23: Planned Giving G/A 4,614 3,991
F24: PGS Planned Giving 5,471 5,720
F25: PGS Planned Giving G/A 109,557 117,666
Total for Voluntary Income (Planned) 120,044 128,433
Voluntary Income (Youth)
F31: *Youth Work 877 270
F32/33: *Youth Work G/A 3,259 1,500
F34: *PGS Youth Work G/A 12,201 4,113
Total for Voluntary Income (Youth) 16,339 5,883
Voluntary Income (Youth Bank)
F56/57/58: *Youth Bank - 106
Total for Voluntary Income (Youth Bank) - 106
Voluntary Income (Other Restricted)
F47/48: *Children's Bibles 217 -
Total for Voluntary Income (Other Restricted) 217 -
TOTAL INCOMING RESOURCES 369,203 383,888

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OUTGOING RESOURCES

Charity & Mission Giving

Charity & Mission Giving
G01: Charity & Mission Giving 14,200 17,000
Total for Charity & Mission Giving 14,200 17,000
Church Administration
J01: Bank Charges (CH) 207 138
J02: Printing, Post & Stationery (CH) 5,711 3,491
J03: Salaries & NI (CH) 13,533 13,287
J04: Sundry Expenses (CH) 4,084 2,902
J05: Telephone - Alarm line - 211
J06: Book Keeping 888 405
Total for Church Administration 24,425 20,435
Church Centre Costs
P01: Consumables (CTR) 1,949 2,302
P02: Electricity (CTR) 2,400 2,481
P03: Fire & Intruder Alarms (CTR) 774 925
P04: Gas (CTR) 1,622 2,072
P05: Insurance (CTR) 2,847 2,770
P06: Maintenance & Repairs (CTR) 3,608 3,255
P07: Salaries & NI (CTR) 20,367 21,407
P08: Sundry Expenses (CTR) 1,044 460
P09: Telephone (CTR) 609 365
P10: Waste Services (CTR) 3,144 2,342
P11: Water (CTR) 291 975
P12: Window Cleaning (CTR) 425 240
Total for Church Centre Costs 39,083 39,598
Church Maintenance
K01: *A/V Equipment 1,022 2,063
K02: Insurance (CH) 3,347 2,770
K03: Electricity (CH) 2,400 2,481
K04: Fire & Intruder Alarms (CH) 1,300 1,654
K07: Gas (CH) 3,410 3,730
K08: Maintenance & Repairs (CH) 3,715 1,084

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K09: Organ Tuning (CH) 624 -
K10: Piano Tuning 49 -
Total for Church Maintenance 15,870 13,785
Church Re-ordering Project
S01: Project Costs (767) 60,042
S02: Professional Fees (2500) 14,731
S03: Sundry Expenses 304 337
Total for Church Re-ordering (2963) 75,110
Common Fund
G02: Common Fund 100,512 99,266
Total for Common Fund 100,512 99,266
Governance Costs
G04: Governance (Independent Examiner) 600 540
Total for Governance Costs 600 540
Ministry Costs
L01: *Advent Calendars 194 -
L02: *Children's Bibles 211 -
L03: Breakfastzone 26 56
L05: Clergy Expenses 2,523 1,826
L08: *Easter Eggs - 119
L11: *Music - 67
L12: Other Outreach 2,701 902
L14: Service Upkeep - Other 289 177
L15: Service Upkeep - Wafers & Wine 123 260
L18: Minibus 1,268 905
L19: Chat at St Matts - 7
L22: Matts Cats - 560
Total for Ministry Costs 7,337 4,884
Pre-School Costs
R01: Consumables 67 224
R02: DBS Charges 76 134
R04: Equipment, Materials & Books 4,677 1,153
R05: Gifts (Children & Staff) 132 195
R06: Insurance 590 507

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R07: Outings - 290
R08: Printing, Postage & Stationery 1,535 -
R09: Rent (Pine Room) 15,000 6,000
R10: Salaries & NI 73,609 62,487
R11: Staff Reporting Systems (PS) - 153
R12: Staff Training 1,306 460
R13: Sundry Expenses 7,329 1,258
R14: Telephone 112 127
R16: Bank Charges 96 60
Total for Pre-School Costs 104,532 73,052
Solar Panel Loan
G05: Solar Panel Loan (Interest) 146 271
G06: Solar Panel Loan (Capital) 3,206 3,081
Total for Solar Panel Loan 3,352 3,352
Youth Bank
M02: *Youth Bank 336 327
Total for Youth Bank 336 327
Youth Work
M03: *Young Children Exp 2,938 -
M03: *Youth Work Exp (142) 713
M05: *Youth Worker Fees - -
Total for Youth Work 2,795 713
TOTAL OUTGOING RESOURCES 310,081 348,066

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Operating Income & Expenditure Summary Jan to Dec 2021 (Church, Centre & Pre-School)

Excluding Legacy Income, Restricted & Designated Funds & Church Re-development

2021 2020 2021v2020
Church Income:
Church Activities 2,306 1,652 654
Other Income 191 2,552 - 2,361
HMRC Furlough Grant 2,228 5,704 - 3,476
Voluntary Income (overall) 144,765 142,190 2,575
General Giving 24,721 13,756 10,965
Planned Giving 120,044 128,434 - 8,390
Sub Total(Church) 149,490 152,098 - 2,608
Church Centre Income:
Hirers 34,946 21,645 13,301
Other Income 1,675 218 1,457
HMRC Furlough Grant 5,347 6,945 - 1,598
Sub Total(Centre) 41,968 28,808 13,160
Pre-School Income:
Council Fees 80,791 53,714 27,077
Parents Payments 31,182 19,318 11,865
Other income 106 - 106
HMRC Furlough Grant - 14,855 - 14,855
Sub Total(Pre-School) 112,079 87,886 24,193
Total Income 303,537 268,792 34,745
Church Expenditure:
Church Administration 24,425 20,225 - 4,201
Church Maintenance 14,847 11,932 - 2,915
Common Fund 100,512 99,266 - 1,246
Governance 600 540 - 60
Ministry 6,931 4,137 - 2,794
Other expenses (inc. loan) 3,353 3,353 - 0
Sub Total(Church) 150,668 139,453 - 11,215
Church Centre Expenditure:
Salaries & NI 20,367 21,407 1,040
Maintenance 3,608 3,255 - 353
Other expenses 15,105 14,936 - 169
Sub Total(Centre) 39,080 39,598 518
Pre-School Expenditure:
Salaries & NI 73,609 62,487 - 11,122
Other expenses 30,920 10,565 - 20,355
Sub Total(Pre-School) 104,529 73,052 - 31,477
Total Expense 294,278 252,104 - 42,174
Church (surplus/deficit ) - 1,177
 12,645 - 13,822
Centre (surplus/deficit) 2,886 - 10,790
 13,676
Pre-School (surplus/deficit) 7,548 14,834 - 7,286
Totalsurplus/ deficit 9,257 16,688 - 7,431

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