| Principal Objectives and Vision | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| The church's objectives are given in our vision statement. A full copy can be obtained |
from the church office, | or our website | ||||||||||
| www. stbs.org.uk. | ||||||||||||
| Our vision isthat we are: | ||||||||||||
| 'Followers ofJesus shoring the goodness of | God with everyone" | |||||||||||
| Our values as a church are: | ||||||||||||
| ~ Generous -to be seen | in the life ofthe church | |||||||||||
| ~ Trusting God —involves | relying | on God | ||||||||||
| ~ Thankful | ||||||||||||
| ~ Relational | ||||||||||||
| ~ Authentic —living out lives in relationship | with each | other. | ||||||||||
| Our vision isto become a mission church for | the region, so that people | are drawn | mto faith through | friendship and outreach |
||||||||
| with new Chdistians being discipled and empowered |
to share Jesus tothose around | them. | The vision | for each year (which | ||||||||
| begins in Septemberj is summarised |
as follows: | |||||||||||
| ~ 2018/19: | Share | |||||||||||
| ~ 2019/20: | Pioneer | |||||||||||
| ~ 2020/21: | Equip | |||||||||||
| ~ 2021/22 | Prayer, | discipleship | and advancing | the kingdom | ||||||||
| ~ 2022/23 | Followers ofJesus | |||||||||||
| Review ofdevelopment, activities and achievements |
||||||||||||
| Church developments, activities and |
achievements | during 2022 are set | out in the | Annual | Reports presented | at the APCM and | ||||||
| available from the church office.These include the | following statutory | reports: | ||||||||||
| 1 Deanery Synod Report | ||||||||||||
| 2 ElectoralRollReport | ||||||||||||
| 3 Fabric and Maintenance | Report | |||||||||||
| 4 Church Wardens Report | ||||||||||||
| 5 Vicar's Report |
| During | 2022 | the Church developed and carried out a range ofactivities |
and achievements, | and achievements, | subject to the COVID restrictions. | subject to the COVID restrictions. | subject to the COVID restrictions. | These included: | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Public services ofworship, prayer and Holy Communion at9am and 10:45am, or7pm, every Sunday. |
||||||||
| 2 | Special services at Easter, Christmas and other church festivals. |
||||||||
| 3 | Occasional services for weddings, funerals, baptisms and conflrmations. |
||||||||
| 4 | Barnabas Beam —a mother &toddler group that met twice a week. | ||||||||
| 5 | Activities for children and youth on Sunday and during the | week. | |||||||
| 6 | Barnabas communities and home groups that meet during |
the week. | |||||||
| 7 | Midweek services for residents at Ditchbum Place. |
||||||||
| 8 | Midweek youth, student and young adult groups. | ||||||||
| 9 | Weekly and monthly prayer meetings. |
||||||||
| 10 | Training programmes for Barnabas communities. |
||||||||
| 11 | Congregational, youth and student groups participating in |
New Wine summer | Christian | festivals | |||||
| 12 | Weekends away for youth and student groups. |
||||||||
| 13 | Alpha Course for those thinking about becoming Christians |
and marriage | and | baptism courses. | |||||
| 14 | Regular training and practice for worship bands and music |
groups. | |||||||
| 15 | The Mill Road Winter Fair programme ofactivities included |
music groups | and | soft play, | community | activities and the giving out ofmince | |||
| pica. | |||||||||
| 16 | Maintenance ofthe fabric and external landscaping. |
||||||||
| 17 | Provisions ofour building facilities for regular community |
activities, choirs, drama groups, birthing | sessions, and | one-off activities such as | |||||
| parties, celebrations, community events and concerts. |
|||||||||
| Plans for future | |||||||||
| Our plans for | the future are to maintain and grow our current activities |
and to develop | new | activities | in accordance with our | vision statement (see |
|||
| above). |
| Financial | Highlights | Highlights | Highlights | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Income | ||||||||||||
| Income for 2022 was E398,831(2021;6407,337).Excluding restricted | funds, | income for other | activities was 6394,286(2021:6399,001). | ||||||||||
| 2 | Expenditure | ||||||||||||
| Expenditure for 2022, excluding historical adjustments |
was E407,822(2021:6392,976).When | restricted fund expenditure | is removed | ||||||||||
| expenditure was E411,666(2021;6383,809). |
|||||||||||||
| 3 | Operating surplus or deficit |
||||||||||||
| The church General Fund had a deficit before revaluation and historic |
adjustments | of614,107(2021:a surplus of615,189in 2021). | |||||||||||
| 4 | 2022 General Fund Budget | ||||||||||||
| ihe 2022 General Fund budget was set at 6419,018at |
the start ofthe | year, | and | revised in June 2022to6393,060. |
|||||||||
| 5 | Mission partners grouP |
||||||||||||
| Funds distributed by the MPG were E21,926. Full details ofthe grants |
awarded | can | be found | in the notes tothe accounts. | |||||||||
| 6 | Parish Share | ||||||||||||
| In 2022 we paid parish share tothe Diocese of Ely ofE146,265(2021: | E144,048).Parish share contributes to clergy | stipanda and pensions | |||||||||||
| and Diocesan ministry and administrative costs. Padsh |
Share for 2023 | is | expected to be E152,204. | ||||||||||
| 7 | Church R Hall Maintenance and Quinquennial |
||||||||||||
| In 2022 626929(2021:612387) was spent on general | church maintenance | and quinquennial | related expenditure. | AQuinquennial | |||||||||
| survey was carried out in 2021and the development budget for 2023 |
takes | its recommendations into account. |
|||||||||||
| 8 | Staffing | ||||||||||||
| In 2022 staffing costs decreased to6109,951from 6115,610in 2021. | |||||||||||||
| 9 | Budgets | ||||||||||||
| St Barnabas carries outa comprehensive budgeting process on an annual |
basis | in the 3rd and | 4th quarter ofthe financial year, | enabling | |||||||||
| financial prionties to be set in a whole church context. |
This has been carried | out in | November | 2022for2023.The 2023 budget | has been | ||||||||
| set at E409,850. | |||||||||||||
| Legal and | Administrative Information |
||||||||||||
| The acmunts | have been prepared on an accruals basis in compliance |
with our agreed | accounting | policy and current accounting | regulations | (see | |||||||
| acmunting | policy note). |
| Unrestricted | Restdicted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| Fuilds | Funds | Funds2022 | Funds 2021 | ||||
| E | 6 | 6 | E | ||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and Legacies Charitable activrties Other trading activities Investment income |
346,586 2,150 45,206 344 |
4,545 | 351,131 2,150 45,206 344 |
377,370 1,444 28,311 212 |
|||
| TOTAL INCOME | 394,286 | 4,545 | 398,831 | 407,337 | |||
| EXPENDITURE ON | |||||||
| Charitable activities |
411,338 | 5,565 | 416,903 | 392,976 | |||
| TOTALEXPENDITURE | 411,338 | 5,565 | 416,903 | 392976 | |||
| NET INCOME/(EXPENDITURE) | |||||||
| AND NET MOVEMENT IN FUNDS |
( | 17,052 ) ( | 1,020) ( | 18,072 ) | 14,361 | ||
| Transfers between funds | ( | 3) | 3 | ||||
| OTHER RECOGNISED GAINS/(LOSSES) | |||||||
| uamsAiossesl on revaiuaoon |
ornxea assets a | ||||||
| investments | ( | 328 ) | -( | 328 ) | 1,008 | ||
| NET MOVEMENT IN FUNDS |
( | 17,383 ) ( | 1,017 ) ( | 18,400 ) | 15,369 | ||
| Balances brought forward at |
1January 2022 | 735,608 | 2,638 | 738,246 | 722,877 | ||
| BALANCES CARRIED FORWARD AT | |||||||
| 31DECEMBER 2022 | 718,225 | 1621 | 719,846 | 738,246 |
| NOTES TO THE FINANCIAL STATEMENTS Forthe year ended 31December 2022 |
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Legal Form 4reference Information | ||||||||||||
| The Parochial Church Council isa corporate body established by the Church of England |
and | operates | under the Parochial | Church Powers | ||||||||
| Measure 1956as currently amended and the Church Representation Rules as currently |
amended. | The Church Wardens | Measure 2011 | |||||||||
| is also applicable. The Church isa registered charity registered in England and Wales number 1131057. |
||||||||||||
| Our address isStBarnabas Church, Mill Road, Cambdidge, CB12BD. |
||||||||||||
| 2 Accounting Pogcies |
||||||||||||
| The principal accounting policies adopted, judgements and key sources ofestimation uncertainty |
in the | preparation | ofthe financial | |||||||||
| statements are as follows: |
||||||||||||
| Basisofpreparation | ||||||||||||
| The financial statements have been prepared in accordance with the Church Accounting |
Regulations | 2006, | ||||||||||
| together with applicable accounting standards and Statement ofRecommended Practice "Accounting |
and | Reporting | by | Charities" | ||||||||
| FRS102(2015). | ||||||||||||
| St Barnabas PCC meets the degnition ofa public benefit entity under FRS102. |
||||||||||||
| The financial statements have been prepared under the histodical cost convention except for investment |
assets which | |||||||||||
| are shown at market value and the Old School building which is valued at replacement |
value. | |||||||||||
| Going Concern Basis | ||||||||||||
| The PCC considers that the going concern basis is appropriate as they consider the reserves |
levels | and expected giving and other | ||||||||||
| income to be at sufficient levels to ensure that the PCC can meet its fmancial obligations | for | the next | 12 | to | 18months | and on | that basis | |||||
| the PCC is a going concern. | ||||||||||||
| Financial reporting standard 102-reduced disclosure exemptions |
||||||||||||
| The PCC has taken advantage ofthe following disclosure exemption in preparing these |
financial statements, | as permitted | by | FRS102 | ||||||||
| The Finanaal Reporting Standard applicable in the UK and Republic of Ireland'. |
||||||||||||
| -the requirements ofSection 7Statement ofCash Flows. |
||||||||||||
| Funds | ||||||||||||
| General funds represent the funds ofthe pCC that are not subject toany restrictions regarding their use |
and are | |||||||||||
| available for application on the general purposes ofthe PCC. Funds designated for a particular purpose |
by | the PCC are | ||||||||||
| also unrestricted. | ||||||||||||
| The accounts include ag transactions, assets and liabilities for which the PCC is responsible by law. |
They | do not include | ||||||||||
| the accounts ofchurch groups that owe their main affiliation to another body nor those | that | are informal | gatherings | of | ||||||||
| Church members. | ||||||||||||
| Income | ||||||||||||
| Income is recognised when the PCC has entitlement tothe funds, any performance conditions attached tothe item(s) |
of | income | have | |||||||||
| been met, it is probable that the income will be received and the amount can be measured reliably. |
||||||||||||
| Voluntary income ond capital sources |
||||||||||||
| -collections are recognised when received by or on behalf ofthe PCC. |
||||||||||||
| - Planned Giving receivable under covenant is recognised only when received. |
||||||||||||
| - Income tax recoverable on covenants or gift aid donations is recognised when income |
is recognised. | |||||||||||
| Other income | ||||||||||||
| - rental income from the letting ofthe church premises is recognised when the rental is |
due. | |||||||||||
| Incomefrominvestmenb | ||||||||||||
| -Interest ant it laments are accounted for as they accrue. | ||||||||||||
| Grant income | ||||||||||||
| -Grant income is recognised when the PCC is legally entitled to the income and it can be measured |
with | reasonable | certainty. | |||||||||
| Legacy income | ||||||||||||
| -for legacies entitlement istaken asthe earlier ofthe date on which either: the PCC is aware |
that | probate | has been | granted, | the | |||||||
| estate has been Binalised and notification has been made by the Executors tothe Trust that a |
distribution | will be made, or when | a | |||||||||
| distribution is received from the Estate. Receipt ofa legacy, in whole or in part, Is only considered |
probable | when the | amount | can be | ||||||||
| measured reliably. |
| Fixed Assets | Fixed Assets | ||||
|---|---|---|---|---|---|
| Consecroted property ond movable church furnishings |
|||||
| -Consecrated and beneficed property |
is excluded from the accounts by s.10(2)(a) and (c) | ofthe | Charities Act 2011. | ||
| -Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and |
which require | ||||
| afaculty for disposal, are accounted as inalienable property unless consecrated. They are |
listed | in the | Church's | ||
| inventory which can be inspected (at |
any reasonable time). For inalienable property acquired prior to |
2000there is | |||
| insufficient cost information available |
and therefore such assets are not valued in the accounts. |
Items | acquired | since | |
| 1January 2000 have been capitalised | and depreciated in the accounts over their currently |
anticipated | useful economic | ||
| life (initially over 4years) on a straight | line basis. | ||||
| -All expenditure incurred during the |
year on consecrated or benefice buildings, individual |
items | under | ES00or | on the |
| repair ofmoveable church furnishings |
acquired before 1January 2000 iswiitten off. | ||||
| 0/d School | |||||
| The Old School building is accounted |
for on a replacement valuation basis, the PCC having |
the view that a market value would be | |||
| impassible to arrive at given the specialist nature ofthe building. | |||||
| The Old School building is not depreciated as the useful economic life is in excess of30years. |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| Fuiicls | Funds | Fuiids 2022 | Funds 2021 | ||||
| 6 | E | E | E | ||||
| Donations and legacies |
|||||||
| Planned giving - non |
gift | aided | 12,142 | 12,142 | 13,522 | ||
| Planned giving by standing |
order —gift aided | 180,998 | 180,998 | 199,091 | |||
| Other planned giving |
(CAF, | GATE etc.) | 24,880 | 24,880 | 41,304 | ||
| HMRC Job Retention | Scheme | 1,274 | |||||
| Income tax recovered | 59,512 | 59,512 | 61,627 | ||||
| Collections | 405 | 405 | 26,249 | ||||
| Unplanned other givmg |
68,649 | 4545 | 73 194 | 34303 | |||
| 346,586 | 4,545 | 351,131 | 377,370 | ||||
| Other trading activities | |||||||
| Substation rental income |
1,300 | 1,300 | |||||
| Church and hall lettings | 43,906 | 43,906 | 28,311 | ||||
| 45 206 | 45 206 | 28311 | |||||
| Investment income |
|||||||
| Norman Piggott Fund |
Income | ||||||
| Interest CBFinvestment | & | other deposit accounts | 344 | 212 | |||
| 212 | |||||||
| Charitable activities |
|||||||
| Youth, children and community |
719 | 719 | 98 | ||||
| Sundry Income | 1,431 | 1,431 | 1,346 | ||||
| 2,150 | 2,150 | ||||||
| Total income | 394,286 | 4,545 | 398,831 | 407,337 |
| 4 Resources Expended | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| chadtable Activities | Funds | Funds | Funds2022 | Funds 2021 | |||||
| Mission Grand | E | E | E | E | |||||
| Overseas MPG Grants | were awarded | tm | |||||||
| OMF International | 6,500 | 6,500 | 6,500 | ||||||
| Arab World Ministdtes | |||||||||
| Wycliffe Bible Translators | 7,000 | 7,000 | 7,000 | ||||||
| 13,500 | 13,500 | 13,500 | |||||||
| Home mission: | |||||||||
| Grant awarded to Romsey | Mill | 2,190 | |||||||
| Grant awarded to Besom | 350 | 350 | 450 | ||||||
| Agape Family Ufe Grant | 500 | 500 | 600 | ||||||
| Faraday Insituite | 500 | 500 | |||||||
| Mothers ofPre-schoolers | in Trumpington | 300 | 300 | 170 | |||||
| Fusion | 350 | 350 | |||||||
| Hope into Action | 2,100 | 2,100 | |||||||
| HoverAid | 2,000 | 2,000 | 1,870 | ||||||
| Fish Club (books) | 200 | 200 | |||||||
| Railway Mission | 1,100 | 1,100 | |||||||
| Alpha expenses | 426 | 426 | 229 | ||||||
| Kairos Prision Ministry | 600 | 600 | 550 | ||||||
| Whitemoor Theological College |
670 | ||||||||
| 8,426 | 8,426 | 6,729 | |||||||
| Total Mission costs | 21,926 | 21,926 | 20,229 | ||||||
| Church activities | |||||||||
| Parish share | 146,265 | 146,265 | |||||||
| Historical Parish Share |
Adjustment | 3,516 | 3,516 | ||||||
| Curate stipend, Nl and |
pension | 16,736 | |||||||
| Curate rent | 8,516 | ||||||||
| Clergy expenses | 2,806 | 2,806 | 2,216 | ||||||
| Buildings running expenses |
38,979 | 38,979 | 19,540 | ||||||
| Buildings maintenance | 26,929 | 26,929 | 12,387 | ||||||
| Moveable furnishings | and | equipment | 528 | 528 | 13 | ||||
| Upkeep ofservices | 2,055 | 2,055 | 1,952 | ||||||
| Youth, children &student |
staff salaries &pensions | 45,950 | 45,950 | 47,261 | |||||
| Youth, children &student |
ministry | expenses | 4,606 | 4,606 | 4,518 | ||||
| FORM | |||||||||
| Events &projects | 6,236 | 5,565 | 11,801 | 13,611 | |||||
| Other ministry expenses |
7,064 | 7,064 | 3,576 | ||||||
| Gifts passed on | |||||||||
| 284,934 | 5,565 | 290,499 | 274,374 | ||||||
| Church mana ement &administration |
|||||||||
| Staff salaries &pensions | 64,001 | 64,001 | 72,840 | ||||||
| Printing, stationery & | postage | 1,112 | 1,112 | 993 | |||||
| Photocopying | 1,464 | 1,464 | 1,296 | ||||||
| Advertising, recruitment |
&publicity | 2,715 | 2,715 | 490 | |||||
| Generalstaff expenses |
3,756 | 3,756 | 2,366 | ||||||
| Contingency &insurance |
claim costs | 14,462 | 14,462 | 5,365 | |||||
| Other church management, IT&admin costs |
phone, | internet, | 13,716 | 13,716 | 12,167 | ||||
| 101,226 | 101,226 | 95,517 | |||||||
| Governonce Costs |
|||||||||
| Independent examination |
fees | 3,252 | 3,252 | 2,856 | |||||
| 3,252 | 3,252 | 2,856 | |||||||
| Total Charitable Activities |
casts &total expenditure | 411,338 | 5,565 | 416,903 | 392,976 |
| NOTES TO THE FINANCIAL STATEMENTS (continued) Forthe year ended 31December 2022 |
||||
|---|---|---|---|---|
| StaffCosts | 2022 | 2021 | ||
| E | E | |||
| Wages and salaries | 101,502 | 105,622 | ||
| Socialsecurity costs | 1,279 | 2,012 | ||
| Pension costs | 7,170 | 7,976 | ||
| 109,951 | 115,610 |
| Unrestricted | Restricted | Total | ||||
|---|---|---|---|---|---|---|
| Funds | Funrls | Fursrls | ||||
| 2021 | 2021 | 2021 | ||||
| E | 8 | F. | ||||
| INCOME AND ENDOWMENTS | FROM | Note | ||||
| Donations and Legacies | 369,034 | 8,336 | 377,370 | |||
| Charitable activities |
1,444 | 1,444 | ||||
| Other trading activities |
28,311 | 28,311 | ||||
| investmentincome | 212 | 212 | ||||
| TOTAL INCOME | 399,001 | 8,336 | 407,337 | |||
| EXPENDITURE ON | ||||||
| Chori rob(e activities | 383,809 | 9,167 | 392,976 | |||
| TOTAL EXPENDITURE | 383,809 | 9,167 | 392,976 | |||
| NET INCOME/(EXPENDITURE) | 15,192 | ( | 831 ) | 14,361 | ||
| Transfers between funds | ||||||
| Gains/(losses) on revaluation |
offixed assets | 1,008 | 1,008 | |||
| NET MOVEMENT IN FUNDS |
16,200 | ( | 831 ) | 15,369 | ||
| Balances brought forward at1lanuary 2021 | 719408 | 3,469 | 722 877 | |||
| BALANCES CARRIED FORWARD AT | ||||||
| 31DECEMBER 2021 | 735,608 | 2,638 | 738,246 |
| 7 Fixed Assetsfor use bythe PCC |
||||
|---|---|---|---|---|
| Old School | Equipment | Total | ||
| Buildings | ||||
| f | ||||
| Cost/Valuation | ||||
| At 1January 2022 | 569,949 | 61,067 | 631,016 | |
| Additions | ||||
| Revaluation in year |
||||
| At31December 2022 | 569,949 | ~61067 | ||
| Depreciation | ||||
| At 1January 2022 | 61,067 | 61,067 | ||
| Charge for the year | ||||
| Eliminated on disposal |
||||
| At 31December 2022 | 61,067 | |||
| Net BookValue | ||||
| At 31December 2022 | 569,949 | 569,949 | ||
| At 31December 2021 | 569,949 | 569,949 |
| 12 Fund | Mo | vem | ents | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other | |||||||||||||
| Balance at | incoming | Resources | Fund | recognised | Balance at | ||||||||
| 01-ian-22 | Resources | Expended | Transfers | gains and losses | 31-Dec-22 | ||||||||
| E | E | 6 | 6 | E | E | ||||||||
| Unrestricted | Funds | ||||||||||||
| General Fund |
201,021 | 394,043 | 411,666 | ( | 3) | 183,395 | |||||||
| Mary Holland | Legacy | designated | fund | 60,459 | 243 | 60,702 | |||||||
| Old School | Valuation | Reserve | 474,128 | 474,128 | |||||||||
| 735,608 | 394,286 | ~411666 | 3) | ~718 225 | |||||||||
| Restricted | Funds | ||||||||||||
| Cinnamon | Trust | 808 | 572 | 236 | |||||||||
| Small Restricted | Funds | 1,830 | 4,545 | 4,993 | 1,385 | ||||||||
| 2,638 | 4,545 | 5,565 | 1,621 | ||||||||||
| Total | 738,246 | 398,831 | 417,231 | 719,846 |