# **Annual Report and Financial Statements of the Parochial Church Council of Penkridge with Stretton**
**For the year ended 31[st] December 2021** _**Charity registration number: 1131086**_
_Page 1_
## **The Parochial Church Council of Penkridge with Stretton Trustees’ Annual Report for the year ended 31[st] December 2021** _**Charity registration number (if applicable):** 1131086_
## **Objectives and Activities**
The Parochial Church Council of Penkridge with Stretton (the PCC) has the responsibility of cooperating with the incumbent, the Reverend Greg Yerbury, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical, social and ecumenical. The PCC is also spiritually responsible for the maintenance of the church
The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at Penkridge with Stretton. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer, scripture, music and sacrament. Also, through non sacramental activities of hospitality and fellowship we aim to reach non churched members of the community.
## **Public Benefit**
The trustees of the PCC are aware of the Charity Commission’s guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of Penkridge with Stretton it helps to promote the whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by:
- Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers; and
- Promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole.
## **Achievements and Performance**
## **Worship and Prayer**
During 2021 as the effects of the Pandemic reduced, the regular worship started to resume to something similar to the pattern of worship pre-pandemic although some of the poorer attended services have not restarted.
## **Mission and Outreach**
Some of the key activities that the PCC carried out pre-pandemic have not restarted such as Drop In and Noah’s Ark although it is hoped that some may re-start in the future. Open Church and Saturday morning coffee the Men’s group and Leisurely Ladies have restarted. Since the Pandemic ‘Angelic Gardeners’ focusing on working in the churchyard has started as a new activity **Youth and Children’s work**
The regular Sunday School has effectively ended but the monthly Messy Church has thrived.
_Page 2_
## **Financial Review**
The 2021 Accounts comprise the merged figures for Penkridge and Stretton as this constitutes the legal entity for the PCC.
Overall receipts (£96,221) in 2021 were down by £15,776 compared to 2020 (£111,997). The income was significantly boosted by 2 generous donations totaling £11,000.
As stated below in the section ‘The Coronavirus Pandemic’ income from fund raising activities has been very significantly impacted. However, thanks to a dedicated team of volunteers the Christmas Tree Festival which took place over 5 days during December and involved many local organisations who provided and decorated trees raised over £3,000
Overall expenses were reduced by £51,212 in 2021 to £91,812 compared to £143,024 in 2020. A generous grant of £990 was received from Penkridge Round Table which paid for repairs to the external lighting of the church.
Expenditure on utilities was significantly reduced due to closure of churches during Coronavirus lockdowns and a much reduced church service schedule for the remainder of the year. (£3,901 compared with £5,378 in 2020)
The Church Hall Debt has been reduced to £25,112.
The Parish Share has been replaced by the Common Fund with effect from 1 January 2022. This has been the result of a reassessment by the Diocese of the contributions from Parishes. The ‘Minimum Request’ payment for Penkridge with Stretton for 2022 has been set at £62,139 compared with the Share payment set for 2021 which was £80,324.
The PCC did not meet its Parish Share target for 2021. Following a meeting with the Parish Assessor, a Special Assessment Deduction of £15,324 was applied. A further Parish Support Allowance of £5,417 was applied by the Diocese making the total due £59,583. We actually paid £51,317 so ended 2021 with a shortfall of £8,266.
## **Reserves Policy**
It is PCC policy to try to maintain a balance on free reserves (net current assets) which equates to at least three months unrestricted payments. This is equivalent to £20,875. It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the year end was £31,787 less the Share arrears of £14,115 (St. Michael’s, Penkridge and St John’s, Stretton) which is below this target.
## **Safeguarding**
The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults).
## **Reporting Serious Incidents**
The trustees are not aware of any Serious Incidents in the last year
## **Fundraising**
The PCC takes it fundraising responsibilities seriously and is very grateful to all donors – whether regular or occasional – for their support of the church and church events. PCC supporters are never taken for granted. The PCC take full responsibility for fundraising and do not use commercial
_Page 3_
organisations or professional fundraisers. All money raised is either by donations, fundraising events, special appeals or legacies for which the PCC are most grateful.
## **Review of the Year**
The year was significantly affected by the ongoing Coronavirus Pandemic with many activities not running or not re-starting. In December there was a very successful Christmas Tree festival which gave a sense of new life and energy to the church community.
## **The Coronavirus Pandemic**
2021 was another particularly challenging year with the continuing disruption caused by the coronavirus pandemic and the consequent national lockdowns, restrictions on routine services, weddings and funerals as well as fundraising and other community events planned during the year. The PCC have tried to remain positive throughout to support the community as well as the fabric of our wonderful church buildings.
The Diocese offer to waive the Parish Share for 1 month and the Special Assessment Deduction from the Parish Assessors have been most welcome.
The clergy and volunteers have worked hard producing weekly worship sheets and online services/reflections that have reached a broader audience than the routine congregation. It is hoped that this regular virtual contact has provided support to those most vulnerable.
## **Risk Management**
The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for potential hazards. We have safeguarding policies in place for child protection and for work with vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are reviewed annually to ensure adequate cover. An informal review of any new risks which may impact the work of the Church in the Parish is ongoing.
## **Structure, Governance and Management**
The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure (1956) as amended that came into effect on 2[nd] January 1957, and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended).
The method of appointment of the PCC members is set out in the Church Representation Rules. The Council comprises the Incumbent, the Churchwardens, a representative of the Readers, those elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral Roll. The PCC members receive training from courses run by the Diocese. Members of the congregation are always urged to join the Electoral Roll, and to stand for election to the PCC.
The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. The PCC meet 6 times a year. [Given its responsibilities, the PCC has a number of sub committees, each dealing with a particular aspect of parish life. These include Worship, Mission and Outreach, Buildings and Finance and Youth Work. Each reports back to the PCC with the minutes of their meetings.]
_Page 4_
## **Reference and Administrative details**
The Churches are situated in Penkridge, Stretton, Levedale and Pillaton and are part of the Deanery of Penkridge in the Diocese of Lichfield. The correspondence address is The Rectory,
New Road, Penkridge, Stafford Registered charity number 1131086. Our website address is: www.stmichaelspenkridge.co.uk
PCC members who have served from 1[st] January 2021 until the date this report was approved were **:**
Ex Officio Members: The Incumbent The Reverend Greg Yerbury (Chairman) Reader Mrs E. Burd and Mr J. Burd Curate Rev A Arthur Churchwardens Mrs S. Moore & Secretary (until May 2021) Miss C Holden Mr J. Linney (from July 2021) Deputy Wardens Mrs M. Maiden (from July 2021) Mr E Hodkinson (from July 2021) Churchwardens at Mr E Hodkinson St John’s Mr J Linney Vice Chairman Mr D Spencer Deanery Synod Reps Mrs. M Maiden Mr J Burd, Mrs H Palfrey (from July 2021) Elected Members Mrs C Beardmore Mr P Haime (Treasurer), Mrs J. Jenkins, Mr D Knaggs, Mr R. Maiden, Mr I. Price (from Oct 2021) Mr D. Spencer, Miss. S. Ulrich (from Oct 2021) Mrs K Willits
Also Present at PCC Meetings
Mrs M Baggot (Secretary) (from Oct 2021)
_Page 5_
## **Names and addresses of advisers**
**Bank** Lloyds Bank PLC **Investment** CCLA (CBF Deposit) **Managers** Senator House, 85 Queen Victoria St, London EC4V 4ET **Independent** Susan Schulz **Examiner** For and on behalf of Lichfield Diocesan Board of Finance, St Marys House, The Close, Lichfield WS13 7LD Approved by the PCC on …………………. 2022 and signed on its behalf by: ………………………………. ………………………………. Reverend G Yerbury (Chairman) (Vice Chairman/Secretary etc)
_Page 6_
**Independent Examiner’s report to the trustees/members of The PCC of Penkridge** Registered charity number: 1131086
I report on the accounts for the year ended 31[st] December 2021 which are set out on the following pages.
## **Respective responsibilities of the Trustees and Independent Examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility
- to examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention.
## **Basis of Independent Examiner's Statement**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below.
## **Independent Examiner's Statement**
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect:
- accounting records were not kept in accordance with section 130 of the Charities Act or
- the accounts do not accord with the with the accounting records
I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: ………………………………………….. Sue Schulz For and on behalf of Lichfield Diocesan Board of Finance St Marys House, The Close, Lichfield. WS13 7LD
Date: …………………………………
_Page 7_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
## **Accounting Policies**
The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis.
There may be minor discrepancies in the totals as the pence are not being shown.
## **Fixed Assets**
Consecrated and benefice property is not included in the accounts by s.10(2)(a)&(C) of the Charities Act 2011.
Moveable church furnishings held by the Vicar 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). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements.
## **Description of Funds**
**Unrestricted funds** are income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its "free reserves" as disclosed in the trustees' annual report.
## **Restricted funds** comprise of two elements:
a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest
b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.
**Endowment funds** are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts.
_Page 8_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
## **Receipts and Payments Account**
||**Unrestricted Designated**
**Restricted Endowment**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**funds**
**total funds**|
|---|---|
|**Receipts**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
**Total receipts**
**Payments**
Raising funds
Expenditure on charitable activities
**Total payments**
**Excess of receipts over payments before**
**transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Excess of receipts over payments before**
**other gains / losses**
**Net movement in funds**
**All assets at 01 January 2021**
**All assets at 31 December 2021**
**Represented by**
**Unrestricted**
General Fund St. John’s
General fund St Michael’s
**Designated**
B/F FROM 2000 NO DETAILS
**Restricted**
Agency collection
BELLS RESTRICTED
Church And Churchyard - St John’s
Donations for Charitable Giving
FRIENDS
GRAVES RESTRICTED
LEVEDALE REFURBISHMENT
NOAHS ARK & DROP IN
ORGAN MAINTENANCE
St Michaels Church Fete Committee
**Endowment**
LITTLETON GRAVE|75,369
—
8,631
—
84,001
95,301
11,042
—
—
—
11,042
12,972
955
—
—
—
955
2,540
100
—
4
—
104
141
120
—
—
—
120
1,042|
||**87,586**
**—**
**8,635**
**—**
**96,221**
**111,997**
813
—
—
—
813
600
82,690
—
8,309
—
90,999
142,424|
||**83,503**
**—**
**8,309**
**—**
**91,812**
**143,024**|
||**4,083**
**—**
**326**
**—**
**4,409**
**(31,026)**
—
—
—
—
—
1,427
—
—
—
—
—
(1,427)|
||**4,083**
**—**
**326**
**—**
**4,409**
**(31,026)**|
||**4,083**
**—**
**326**
**—**
**4,409**
**(31,026)**|
||**27,704**
**—**
**43,403**
**1,000**
**72,107**
**103,133**|
||**31,787**
**—**
**43,729**
**1,000**
**76,516**
**72,107**
6,181
—
—
—
6,181
5,281
25,606
—
—
—
25,606
22,423
—
—
—
—
—
—
—
—
—
—
—
—
—
—
69
—
69
353
—
—
8,836
—
8,836
9,332
—
—
—
—
—
—
—
—
24,055
—
24,055
22,408
—
—
3,000
—
3,000
3,000
—
—
2,128
—
2,128
2,139
—
—
2,781
—
2,781
2,781
—
—
2,486
—
2,486
3,015
—
—
374
—
374
374
—
—
—
1,000
1,000
1,000|
_Page 9_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
## **Statement of assets and liabilities 2021**
||**General Designated**
**Restricted Endowment**|**This year**
**Last year**|
|---|---|---|
|**Current assets - Cash at bank and in hand**
Current bank account - St Michael’s -
Lloyds current - St John’s -
Friends Bank Account -
Levedale Bank Account -
Levedale Cash in Hand -
CBF deposit - St John’s -
General Cash in Hand St Michael’s -
Fees Cash in Hand -
**Totals**
**Current assets - Debtors**
Accounts Receivable – re bank account
**Totals**
**Liabilities - Agency accounts**
Agency collections -
**Totals**
**Grand total**|25,497
—
9,642
1,000
6,181
—
1,461
—
—
—
23,450
—
—
—
1,902
—
—
—
226
—
—
—
7,375
—
10
—
—
—
100
—
—
—|36,138
34,196
7,642
6,921
23,450
22,408
1,902
1,913
226
226
7,375
7,371
10
10
100
198|
||**31,787**
**—**
**44,056**
**1,000**
—
—
—
—|**76,843**
**73,243**
—
322|
||**—**
**—**
**—**
**—**
—
—
327
—|**—**
**322**
327
1,457|
||**—**
**—**
**327**
**—**|**327**
**1,457**|
||**31,787**
**—**
**43,729**
**1,000**|**76,516**
**72,107**|
## **Cash at Bank and in hand 2020**
|Current Accounts - St
Michael’s & St John’s
Friends of St Michael’s
Levedale - St Michael’s
CBF Deposit - St Michael’s
CBF Deposit - St John’s
Cash in hand
**Total**|**Unrestricted**
**£**|
**Designated**
**£**|
**Restricted**
**£**|
**Endowment**
**£**|
**2020**
**Total**
**£**|
**Total 2019**
**£**|
|---|---|---|---|---|---|---|
||27,496|-|12,943|1,000|41,438|32,566|
||-|-|22,408|-|22,408|53,456|
||-|-|1,913|-|1,913|1,641|
||-|-|-|-|-|4,900|
||-|-|7,371|-|7,371|7,340|
||208|-|226|-|434|3,338|
||||||||
||**27,704**|**-**|**44,861**|**1,000**|**73,565**|**103,241**|
_Page 10_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
## **Fund movement by type - 2021**
||**Opening**
**Incoming**
**Outgoing**
**Transfers**|**Gains/losses**
**Closing**|
|---|---|---|
|**BELLS - BELLS RESTRICTED**
Restricted
**Sub-total for BELLS**
**Church & C - Church And Churchyard St**
**John’s**
Restricted
**Sub-total**
**Church Fete - St Michael’s Church Fete**
Restricted
**Sub-total for ChurchFete**
**FRIENDS - FRIENDS**
Restricted
**Sub-total for FRIENDS**
**GRAVES - GRAVES RESTRICTED**
Restricted
**Sub-total for GRAVES**
**General - General Fund**
Unrestricted St John’s
Unrestricted St Michael’s
**Sub-total for General**
**Giving - Donations for Charitable**
Restricted
**Sub-total for Giving**
**HISTORIC - B/F FROM 2000 NO DET**
Designated
**Sub-total for HISTORIC**
**LEVEDALE - LEVEDALE REFURBISHMENT**
Restricted
**Sub-total for LEVEDALE**
**LITTLETON - LITTLETON GRAVE**
Endowment
**Sub-total for LITTLETON**
**NOAHS - NOAHS ARK & DROP IN**
Restricted
**Sub-total for NOAHS**
**ORGAN - ORGAN MAINTENANCE**
Restricted
**Sub-total for ORGAN**
**Grand total**|353
(20)
264
—|—
69|
||**353**
**(20)**
**264**
**—**
9,332
4
500
—|**—**
**69**
—
8,836|
||
**9,332**
**4**
**500**
**—**
374
—
—
—|**—**
**8,836**
—
374|
||**374**
**—**
**—**
**—**
22,408
2,312
665
—|**—**
**374**
—
24,055|
||**22,408**
**2,312**
**665**
**—**
3,000
—
—
—|**—**
**24,055**
—
3,000|
||**3,000**
**—**
**—**
**—**
5,281
2,566
1,666
—
22,423
85,020
81,837
—|**—**
**3,000**
—
6,181
—
25,606|
||**27,704**
**87,586**
**83,503**
**—**
—
6,239
6,239
—|**—**
**31,787**
—
—|
||**—**
**6,239**
**6,239**
**—**
—
—
—
—|**—**
**—**
—
—|
||**—**
**—**
**—**
**—**
2,139
100
112
—|**—**
**—**
—
2,128|
||**2,139**
**100**
**112**
**—**
1,000
—
—
—|**—**
**2,128**
—
1,000|
||**1,000**
**—**
**—**
**—**
2,781
—
—
—|**—**
**1,000**
—
2,781|
||**2,781**
**—**
**—**
**—**
3,015
—
529
—|**—**
**2,781**
—
2,486|
||**3,015**
**—**
**529**
**—**|**—**
**2,486**|
||**72,107**
**96,221**
**91,812**
**—**|**—**
**76,516**|
_Page 11_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021 Fund Description**
## **Restricted Funds**
Bells – St Michael’s For the upkeep and maintenance of St Michael’s bells Church Fete – St Michael’s Fete Committee funds to be used for set-up costs of future fetes Friends of St Michael’s For repairs and maintenance to the fabric of St Michael’s Church Graves – St Michael’s For the upkeep and maintenance of the Minshall and Wimpenny graves in St Michael’s churchyard Levedale – St Michael’s For the refurbishment, upkeep and maintenance of Levedale Mission Church Noahs – St Michael’s For Noah’s Ark and Drop-in groups Organ – St Michael’s For upkeep and maintenance of St Michael’s organ Giving Donations and collections made for the purpose of Charitable Giving on behalf of the Church
Church & Churchyard – St J For the upkeep and maintenance of St John’s Church and churchyard
## **Endowment Funds**
Littleton For the maintenance of Lady Hatherton’s grave
## **Fund movement summary 2020**
|**Fund**|**Balance**
**at**|**Receipts**
**£**|**Payments**
**£**|**Transfers**
**£**|**Balance**
**at**|
|---|---|---|---|---|---|
||**1st Jan**||||**31st Dec**|
|**Unrestricted Funds**||||||
|General funds-St Michaels’s & St John’s|26,664|108,114|-108,501|1427|27,704|
|||||||
|**Designated Funds**||||||
|Historic-StMichael’s|1,427|||-1427|0|
|||||||
|**Restricted Funds**||||||
|Bells-Bells Restricted|333|20||-|353|
|Church & Churchyard - Church And
Churchyard-St John’s|10,049|58|-775|-|9,332|
|Church Fete - St Michaels Church Fete
Committee|374|-|-|-|374|
|Friends-Friends|53,613|2,294|-33500|-|22,408|
|Graves-Graves Restricted|3,000|-|-|-|3,000|
|Levedale-Levedale refurbishment|1,641|531|-32|-|2,139|
|Noahs-Noah's Ark and Drop-in|2,781|-|-|-|2,781|
|Organ -Organ Maintenance|2,626|605|-216|-|3,015|
||74,417|3,508|-34,523|0|43,403|
|**Endowment Funds**||||||
|Littleton-Littleton Grave|1,000|-|-|-|1,000|
||1,000|0|0|0|1,000|
|||||||
|**Totals**|**103,134**|**111,997**|**-143,024**|**-**|**72,107**|
_Page 12_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
## **Analysis of receipts and payments**
|**Total**
**Unrestricted Designated**
**Restricted**
**Endowment**
**This year**
**Last year**
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gift Aid - Bank
41,463
—
578
—
42,040
39,395
Gift Aid - Envelopes
4,273
—
—
—
4,273
8,637
Other planned giving
4,154
—
440
—
4,594
4,353
Loose plate collections
4,802
—
164
—
4,966
2,599
Giving through church boxes
—
—
—
—
—
—
One-off Gift Aid gifts
520
—
6,000
—
6,520
260
Gifts of quoted securities
—
—
—
—
—
—
Donations appeals etc
9,992
—
230
—
10,222
23,516
Tax recoverable on Gift Aid
3,856
—
270
—
4,126
6,453
Legacies
1,200
—
1,000
—
2,200
1,000
Recurring grants
3,302
—
—
—
3,302
775
Non-recurring one-off grants
1,364
—
(50)
—
1,314
8,113
Other funds generated
—
—
—
—
—
—
Wall Safe donations
444
—
—
—
444
200
Total
75,369
—
8,631
—
84,001
95,301
**Income from charitable activities**
Fees for weddings and funerals
9,147
—
—
—
9,147
10,396
Fees Heating and Travelling
Expenses
1,520
—
—
—
1,520
1,944
Stall receipts
375
—
—
—
375
632
Total
11,042
—
—
—
11,042
12,972
**Other trading activities**
Rummage sales etc
—
—
—
—
—
—
Fund raising
929
—
—
—
929
2,076
Ancillary Trading
26
—
—
—
26
464
Total
955
—
—
—
955
2,540
**Investments**
Dividends
—
—
—
—
—
—
Bank and building society interest
—
—
4
—
4
41
Rent from lands or buildings
100
—
—
—
100
100
Total
100
—
4
—
104
141
**Other income**
Insurance claims
—
—
—
—
—
—
Surplus - sales of fixed assets
—
—
—
—
—
—
Church Hall Loan Repayments
120
—
—
—
120
1,042
Total
120
—
—
—
120
1,042|**Total**
**Unrestricted Designated**
**Restricted**
**Endowment**
**This year**
**Last year**
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gift Aid - Bank
41,463
—
578
—
42,040
39,395
Gift Aid - Envelopes
4,273
—
—
—
4,273
8,637
Other planned giving
4,154
—
440
—
4,594
4,353
Loose plate collections
4,802
—
164
—
4,966
2,599
Giving through church boxes
—
—
—
—
—
—
One-off Gift Aid gifts
520
—
6,000
—
6,520
260
Gifts of quoted securities
—
—
—
—
—
—
Donations appeals etc
9,992
—
230
—
10,222
23,516
Tax recoverable on Gift Aid
3,856
—
270
—
4,126
6,453
Legacies
1,200
—
1,000
—
2,200
1,000
Recurring grants
3,302
—
—
—
3,302
775
Non-recurring one-off grants
1,364
—
(50)
—
1,314
8,113
Other funds generated
—
—
—
—
—
—
Wall Safe donations
444
—
—
—
444
200
Total
75,369
—
8,631
—
84,001
95,301
**Income from charitable activities**
Fees for weddings and funerals
9,147
—
—
—
9,147
10,396
Fees Heating and Travelling
Expenses
1,520
—
—
—
1,520
1,944
Stall receipts
375
—
—
—
375
632
Total
11,042
—
—
—
11,042
12,972
**Other trading activities**
Rummage sales etc
—
—
—
—
—
—
Fund raising
929
—
—
—
929
2,076
Ancillary Trading
26
—
—
—
26
464
Total
955
—
—
—
955
2,540
**Investments**
Dividends
—
—
—
—
—
—
Bank and building society interest
—
—
4
—
4
41
Rent from lands or buildings
100
—
—
—
100
100
Total
100
—
4
—
104
141
**Other income**
Insurance claims
—
—
—
—
—
—
Surplus - sales of fixed assets
—
—
—
—
—
—
Church Hall Loan Repayments
120
—
—
—
120
1,042
Total
120
—
—
—
120
1,042|
|---|---|
||75,369
—
8,631
—
84,001
95,301
9,147
—
—
—
9,147
10,396
1,520
—
—
—
1,520
1,944
375
—
—
—
375
632|
||11,042
—
—
—
11,042
12,972
—
—
—
—
—
—
929
—
—
—
929
2,076
26
—
—
—
26
464|
||955
—
—
—
955
2,540
—
—
—
—
—
—
—
—
4
—
4
41
100
—
—
—
100
100|
||100
—
4
—
104
141
—
—
—
—
—
—
—
—
—
—
—
—
120
—
—
—
120
1,042|
||120
—
—
—
120
1,042|
|**INCOME TOTAL**|87,586
—
8,635
—
96,221
111,997|
_Page 13_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
## **EXPENDITURE**
|**Raising funds**
Costs of Fundraising
454
—
—
—
454
7
Costs of Stall Purchases
290
—
—
—
290
506
Costs of stewardship campaign
69
—
—
—
69
68
Costs of fetes & other events
—
—
—
—
—
20
Total
813
—
—
—
813
600
**Expenditure on charitable activities**
Charitable giving
—
—
—
—
—
—
Grants, Missions and Special
Appeals
1,435
—
6,239
—
7,674
5,326
Parish Share
Special Assessment
Parish Share Support
72,058
(15,324)
(5,417)
—
---
---
—
---
---
—
---
---
72,058
(15,324)
(5,417)
74,881
---
(10,041)
Assistant staff costs
—
—
—
—
—
—
Church Servants costs
—
—
—
—
—
—
Salary of parish administrator
4,080
—
—
—
4,080
2,465
Working expenses of incumbent
—
—
—
—
—
—
Clergy Expenses
685
—
—
—
685
4,786
Vicar's telephone
—
—
—
—
—
—
Parish training and mission
942
—
—
—
942
603
Church running - insurance
8,720
—
—
—
8,720
9,097
Organ / piano tuning
—
—
221
—
221
216
Church maintenance
2,356
—
1,237
—
3,593
3,851
Cleaning
240
—
—
—
240
257
Upkeep of services
1,129
—
—
—
1,129
1,383
Upkeep of churchyard
4,000
—
500
—
4,500
4,030
Administration
20
—
—
—
20
—
Church Management and Admin
2,627
—
—
—
2,627
2,648
Church Hall Hire for Community Use
—
—
—
—
—
630
Visiting speakers / locums
—
—
—
—
—
—
Church running - electric
1,629
—
112
—
1,740
2,144
Church running - gas
1,974
—
—
—
1,974
2,935
Church running - water
187
—
—
—
187
299
Governance costs examination/audit
fee
212
—
—
—
212
456
Church major repairs - structure
—
—
—
—
—
19,184
Major Works - Quinquennial
—
—
—
—
—
17,673
Church major repairs - installation
1,138
—
—
—
1,138
—
Church interior and exterior
decorating
—
—
—
—
—
—
Other PCC property upkeep
—
—
—
—
—
—
New building Church
—
—
—
—
—
—
Total
82,690
—
8,309
—
90,999
142,424|454
—
—
—
454
7
290
—
—
—
290
506
69
—
—
—
69
68
—
—
—
—
—
20|
|---|---|
||82,690
—
8,309
—
90,999
142,424|
|**EXPENDITURE TOTAL**|83,503
—
8,309
—
91,812
143,024|
|||
|**GRAND TOTAL**|4,083
—
326
—
4,409
(31,026)|
_Page 14_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
## **Analysis of Transfer between Funds**
None in 2021
## **Fixed Assets**
The PCC own the property known as Levedale Mission Church. A professional valuation of the property carried out during 2003 valued it at £10,000.
## **Other Monetary Assets**
|**Church Hall Loan**|**2021**|**2020**|
|---|---|---|
|As at 1stJanuary|£25,232|£26,274|
|Repayments in theyear|(£120)|(£1,024)|
|As at 31stDecember|£25,112|£25,232|
Penkridge St Michael’s lent £77,046 to the Church Hall (an independent charity) for a modernization and renovation project in 2008. The Church Hall make repayments when they can afford to do so.
## **Liabilities**
|**Liabilities**|||
|---|---|---|
||**2021**
**£**|**2020**
**£**|
||||
|Parish share|14,115|5,843|
|Agency|327|1,457|
||||
|**Total**|14,442|7,300|
The PCC did not meet its Parish Share target for 2021. Following a meeting with the Parish Assessor, a Special Assessment Deduction of £15,324 was applied. A further Parish Support Allowance of £5,417 was applied by the Diocese making the total due £59,583. The PCC actually paid £51,317 so ended 2021 with a shortfall of £8,266 plus the arrears still outstanding for 2020 of £5,843.
Previously the PCC have committed to an Annual Giving 10% tithe on unrestricted income (net of fees income) to be donated to agreed charities and appeals.
During 2021 £6,836 of the calculated 2020 tithe of £8,432 has been donated leaving a further £1,596 to be carried forward.
_Page 15_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
This was possible largely due to a generous donation of £6,000 which was given with the condition that it was to be used for Annual Giving.
The calculated tithe for 2021 is £7,633
An anonymous donation of £5,000 was also received but with a stipulation that it was not to be included when calculating the tithe for 2021.
_Page 16_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
## **Receipts and Payments Account 2020**
|**RECEIPTS**
Donations and
Legacies
Activities for
Generating Funds
Income from
Investments
Church Activities
Other
**Total Receipts**
**PAYMENTS**
Raising Funds
Church Activities
Other
**Total Payments**
**Excess of**
**Receipts over**
**Payments**
Transfer between
Funds
**Net Movement for**
**the year**
**Cash at Bank and**
**In Hand at 1st Jan**
**Cash at Bank and**
**In Hand at 31st**
**Dec**|**Unrestricted**
**Funds**
**£**|
**Designated**
**Funds**
**£**|
**Restricted**
**Funds**
**£**|
**Endowment**
**Funds**
**£**|
**Total**
**Funds**
**2020**
**£**|
**Total**
**Funds**
**2019**
**£**|
|---|---|---|---|---|---|---|
||||||||
||91,459|-|3,642|-|95,101|148,890|
||200|-|-|-|200|423|
||109|-|31|-|140|192|
||15,303|-|210|-|15,513|30,066|
||1,042|-|-|-|1,042|-|
||||||||
||108,114|-|3,883|-|111,997|179,571|
||||||||
||||||||
||600|-|-|-|600|1,191|
||107,900|-|34,523|-|142,424|148,688|
||-|-|-|-|-|-|
||||||||
||108,501|-|34,523|-|143,024|149,879|
||||||||
||(387)|-|(30,640)|-|(31,028)|29,691|
||||||||
||1,427|(1,427)||-|-|-|
||||||||
||**1,040**|**(1,427)**|**(30,640)**|**-**|**(31,028)**|**29,691**|
||||||||
||26,664|(1,427)|74,043|1,000|103,134|73,443|
||||||||
||**27,704**||**43,403**|**1,000**|**72,107**|**103,134**|
_Page 17_
## **Penkridge St Michael’s Reports for the year ended 31 December 2021 Receipts and Payments Account**
||**Unrestricted Designated**
**Restricted Endowment**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**funds**
**total funds**|
|---|---|
|**Receipts**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
**Total receipts**
**Payments**
Raising funds
Expenditure on charitable activities
**Total payments**
**Excess of receipts over payments before**
**transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Excess of receipts over payments before**
**other gains / losses**
**Net movement in funds**
**All assets at 01 January 2021**
**All assets at 31 December 2021**
**Represented by**
**Unrestricted**
General fund
**Designated**
B/F FROM 2000 NO DETAILS
**Restricted**
Agency collection
BELLS RESTRICTED
Donations for Charitable Giving
FRIENDS
GRAVES RESTRICTED
LEVEDALE REFURBISHMENT
NOAHS ARK & DROP IN
ORGAN MAINTENANCE
St Michael’s Church Fete Commitee
**Endowment**
LITTLETON GRAVE|72,803
—
8,631
—
81,435
93,132
11,042
—
—
—
11,042
12,973
955
—
—
—
955
2,540
100
—
—
—
100
109
120
—
—
—
120
1,042|
||**85,020**
**—**
**8,631**
**—**
**93,652**
**109,796**
813
—
—
—
813
600
81,024
—
7,809
—
88,833
140,202|
||**81,837**
**—**
**7,809**
**—**
**89,646**
**140,802**|
||**3,184**
**—**
**822**
**—**
**4,006**
**(31,006)**
—
—
—
—
—
1,427
—
—
—
—
—
(1,427)|
||**3,184**
**—**
**822**
**—**
**4,006**
**(31,006)**|
||**3,184**
**—**
**822**
**—**
**4,006**
**(31,006)**|
||**22,423**
**—**
**34,071**
**1,000**
**57,494**
**88,499**|
||**25,606**
**—**
**34,893**
**1,000**
**61,499**
**57,494**
25,606
—
—
—
25,606
22,423
—
—
—
—
—
—
—
—
—
—
—
—
—
—
69
—
69
353
—
—
—
—
—
—
—
—
24,055
—
24,055
22,408
—
—
3,000
—
3,000
3,000
—
—
2,128
—
2,128
2,139
—
—
2,781
—
2,781
2,781
—
—
2,486
—
2,486
3,015
—
—
374
—
374
374
—
—
—
1,000
1,000
1,000|
## **Statement of assets and liabilities**
||**General Designated**
**Restricted Endowment**
**This year**
**Last year**|
|---|---|
|**Current assets - Cash at bank and in hand**
Current bank account - St Michael’s -
Friends Bank Account -
Levedale Bank Account -
Levedale Cash in Hand -
General Cash in Hand St Michael’s -
Fees Cash in Hand -
**Totals**
**Liabilities - Agency accounts**
Agency collections -
**Totals**
**Grand total**|25,497
—
9,642
1,000
36,138
34,196
—
—
23,450
—
23,450
22,408
—
—
1,902
—
1,902
1,913
—
—
226
—
226
226
10
—
—
—
10
10
100
—
—
—
100
198|
||**25,606**
**—**
**35,220**
**1,000**
**61,826**
**58,951**
—
—
327
—
327
1,457|
||**—**
**—**
**327**
**—**
**327**
**1,457**|
||**25,606**
**—**
**34,893**
**1,000**
**61,499**
**57,494 **|
_Page 18_
## **Stretton St John’s Reports for the year ended 31 December 2021 Receipts and Payments Account**
||**Unrestricted Designated**
**Restricted Endowment**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**funds**
**total funds**|
|---|---|
|**Receipts**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
**Total receipts**
**Payments**
Raising funds
Expenditure on charitable activities
**Total payments**
**Excess of receipts over payments before**
**transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Excess of receipts over payments before**
**other gains / losses**
**Net movement in funds**
**All assets at 01 January 2021**
**All assets at 31 December 2021**
**Represented by**
**Unrestricted**
General Fund
**Restricted**
Church and Churchyard - St John’s|2,566
—
—
—
2,566
2,169
—
—
—
—
—
—
—
—
—
—
—
—
—
—
4
—
4
31
—
—
—
—
—
—|
||**2,566**
**—**
**4**
**—**
**2,570**
**2,200**
—
—
—
—
—
—
1,666
—
500
—
2,166
2,222|
||**1,666**
**—**
**500**
**—**
**2,166**
**2,222**|
||**900**
**—**
**(496)**
**—**
**404**
**(22)**
—
—
—
—
—
—
—
—
—
—
—
—|
||**900**
**—**
**(496)**
**—**
**404**
**(22)**|
||**900**
**—**
**(496)**
**—**
**404**
**(22)**|
||**5,281**
**—**
**9,332**
**—**
**14,613**
**14,635**|
||**6,181**
**—**
**8,836**
**—**
**15,017**
**14,613**
6,181
—
—
—
6,181
5,281
—
—
8,836
—
8,836
9,332|
## **Statement of assets and liabilities**
||**General Designated**
**Restricted Endowment**|**This year**
**Last year**|
|---|---|---|
|**Current assets - Cash at bank and in hand**
Lloyds current - St John’s -
CBF deposit - St John’s -
**Totals**
**Current assets - Debtors**
Accounts Receivable -
**Totals**
**Grand total**|6,181
—
1,461
—
—
—
7,375
—|7,642
6,921
7,375
7,371|
||**6,181**
**—**
**8,836**
**—**
—
—
—
—|**15,017**
**14,291**
—
322|
||**—**
**—**
**—**
**—**|**—**
**322**|
||**6,181**
**—**
**8,836**
**—**|**15,017**
**14,613**|
_Page 19_
# **Annual Report and Financial Statements of the Parochial Church Council of Penkridge with Stretton**
**For the year ended 31[st] December 2021** _**Charity registration number: 1131086**_
_Page 1_
## **The Parochial Church Council of Penkridge with Stretton Trustees’ Annual Report for the year ended 31[st] December 2021** _**Charity registration number (if applicable):** 1131086_
## **Objectives and Activities**
The Parochial Church Council of Penkridge with Stretton (the PCC) has the responsibility of cooperating with the incumbent, the Reverend Greg Yerbury, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical, social and ecumenical. The PCC is also spiritually responsible for the maintenance of the church
The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at Penkridge with Stretton. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer, scripture, music and sacrament. Also, through non sacramental activities of hospitality and fellowship we aim to reach non churched members of the community.
## **Public Benefit**
The trustees of the PCC are aware of the Charity Commission’s guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of Penkridge with Stretton it helps to promote the whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by:
- Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers; and
- Promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole.
## **Achievements and Performance**
## **Worship and Prayer**
During 2021 as the effects of the Pandemic reduced, the regular worship started to resume to something similar to the pattern of worship pre-pandemic although some of the poorer attended services have not restarted.
## **Mission and Outreach**
Some of the key activities that the PCC carried out pre-pandemic have not restarted such as Drop In and Noah’s Ark although it is hoped that some may re-start in the future. Open Church and Saturday morning coffee the Men’s group and Leisurely Ladies have restarted. Since the Pandemic ‘Angelic Gardeners’ focusing on working in the churchyard has started as a new activity **Youth and Children’s work**
The regular Sunday School has effectively ended but the monthly Messy Church has thrived.
_Page 2_
## **Financial Review**
The 2021 Accounts comprise the merged figures for Penkridge and Stretton as this constitutes the legal entity for the PCC.
Overall receipts (£96,221) in 2021 were down by £15,776 compared to 2020 (£111,997). The income was significantly boosted by 2 generous donations totaling £11,000.
As stated below in the section ‘The Coronavirus Pandemic’ income from fund raising activities has been very significantly impacted. However, thanks to a dedicated team of volunteers the Christmas Tree Festival which took place over 5 days during December and involved many local organisations who provided and decorated trees raised over £3,000
Overall expenses were reduced by £51,212 in 2021 to £91,812 compared to £143,024 in 2020. A generous grant of £990 was received from Penkridge Round Table which paid for repairs to the external lighting of the church.
Expenditure on utilities was significantly reduced due to closure of churches during Coronavirus lockdowns and a much reduced church service schedule for the remainder of the year. (£3,901 compared with £5,378 in 2020)
The Church Hall Debt has been reduced to £25,112.
The Parish Share has been replaced by the Common Fund with effect from 1 January 2022. This has been the result of a reassessment by the Diocese of the contributions from Parishes. The ‘Minimum Request’ payment for Penkridge with Stretton for 2022 has been set at £62,139 compared with the Share payment set for 2021 which was £80,324.
The PCC did not meet its Parish Share target for 2021. Following a meeting with the Parish Assessor, a Special Assessment Deduction of £15,324 was applied. A further Parish Support Allowance of £5,417 was applied by the Diocese making the total due £59,583. We actually paid £51,317 so ended 2021 with a shortfall of £8,266.
## **Reserves Policy**
It is PCC policy to try to maintain a balance on free reserves (net current assets) which equates to at least three months unrestricted payments. This is equivalent to £20,875. It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the year end was £31,787 less the Share arrears of £14,115 (St. Michael’s, Penkridge and St John’s, Stretton) which is below this target.
## **Safeguarding**
The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults).
## **Reporting Serious Incidents**
The trustees are not aware of any Serious Incidents in the last year
## **Fundraising**
The PCC takes it fundraising responsibilities seriously and is very grateful to all donors – whether regular or occasional – for their support of the church and church events. PCC supporters are never taken for granted. The PCC take full responsibility for fundraising and do not use commercial
_Page 3_
organisations or professional fundraisers. All money raised is either by donations, fundraising events, special appeals or legacies for which the PCC are most grateful.
## **Review of the Year**
The year was significantly affected by the ongoing Coronavirus Pandemic with many activities not running or not re-starting. In December there was a very successful Christmas Tree festival which gave a sense of new life and energy to the church community.
## **The Coronavirus Pandemic**
2021 was another particularly challenging year with the continuing disruption caused by the coronavirus pandemic and the consequent national lockdowns, restrictions on routine services, weddings and funerals as well as fundraising and other community events planned during the year. The PCC have tried to remain positive throughout to support the community as well as the fabric of our wonderful church buildings.
The Diocese offer to waive the Parish Share for 1 month and the Special Assessment Deduction from the Parish Assessors have been most welcome.
The clergy and volunteers have worked hard producing weekly worship sheets and online services/reflections that have reached a broader audience than the routine congregation. It is hoped that this regular virtual contact has provided support to those most vulnerable.
## **Risk Management**
The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for potential hazards. We have safeguarding policies in place for child protection and for work with vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are reviewed annually to ensure adequate cover. An informal review of any new risks which may impact the work of the Church in the Parish is ongoing.
## **Structure, Governance and Management**
The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure (1956) as amended that came into effect on 2[nd] January 1957, and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended).
The method of appointment of the PCC members is set out in the Church Representation Rules. The Council comprises the Incumbent, the Churchwardens, a representative of the Readers, those elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral Roll. The PCC members receive training from courses run by the Diocese. Members of the congregation are always urged to join the Electoral Roll, and to stand for election to the PCC.
The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. The PCC meet 6 times a year. [Given its responsibilities, the PCC has a number of sub committees, each dealing with a particular aspect of parish life. These include Worship, Mission and Outreach, Buildings and Finance and Youth Work. Each reports back to the PCC with the minutes of their meetings.]
_Page 4_
## **Reference and Administrative details**
The Churches are situated in Penkridge, Stretton, Levedale and Pillaton and are part of the Deanery of Penkridge in the Diocese of Lichfield. The correspondence address is The Rectory,
New Road, Penkridge, Stafford Registered charity number 1131086. Our website address is: www.stmichaelspenkridge.co.uk
PCC members who have served from 1[st] January 2021 until the date this report was approved were **:**
Ex Officio Members: The Incumbent The Reverend Greg Yerbury (Chairman) Reader Mrs E. Burd and Mr J. Burd Curate Rev A Arthur Churchwardens Mrs S. Moore & Secretary (until May 2021) Miss C Holden Mr J. Linney (from July 2021) Deputy Wardens Mrs M. Maiden (from July 2021) Mr E Hodkinson (from July 2021) Churchwardens at Mr E Hodkinson St John’s Mr J Linney Vice Chairman Mr D Spencer Deanery Synod Reps Mrs. M Maiden Mr J Burd, Mrs H Palfrey (from July 2021) Elected Members Mrs C Beardmore Mr P Haime (Treasurer), Mrs J. Jenkins, Mr D Knaggs, Mr R. Maiden, Mr I. Price (from Oct 2021) Mr D. Spencer, Miss. S. Ulrich (from Oct 2021) Mrs K Willits
Also Present at PCC Meetings
Mrs M Baggot (Secretary) (from Oct 2021)
_Page 5_
## **Names and addresses of advisers**
**Bank** Lloyds Bank PLC **Investment** CCLA (CBF Deposit) **Managers** Senator House, 85 Queen Victoria St, London EC4V 4ET **Independent** Susan Schulz **Examiner** For and on behalf of Lichfield Diocesan Board of Finance, St Marys House, The Close, Lichfield WS13 7LD Approved by the PCC on …………………. 2022 and signed on its behalf by: ………………………………. ………………………………. Reverend G Yerbury (Chairman) (Vice Chairman/Secretary etc)
_Page 6_
**Independent Examiner’s report to the trustees/members of The PCC of Penkridge** Registered charity number: 1131086
I report on the accounts for the year ended 31[st] December 2021 which are set out on the following pages.
## **Respective responsibilities of the Trustees and Independent Examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility
- to examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention.
## **Basis of Independent Examiner's Statement**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below.
## **Independent Examiner's Statement**
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect:
- accounting records were not kept in accordance with section 130 of the Charities Act or
- the accounts do not accord with the with the accounting records
I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: ………………………………………….. Sue Schulz For and on behalf of Lichfield Diocesan Board of Finance St Marys House, The Close, Lichfield. WS13 7LD
Date: …………………………………
_Page 7_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
## **Accounting Policies**
The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis.
There may be minor discrepancies in the totals as the pence are not being shown.
## **Fixed Assets**
Consecrated and benefice property is not included in the accounts by s.10(2)(a)&(C) of the Charities Act 2011.
Moveable church furnishings held by the Vicar 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). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements.
## **Description of Funds**
**Unrestricted funds** are income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its "free reserves" as disclosed in the trustees' annual report.
## **Restricted funds** comprise of two elements:
a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest
b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.
**Endowment funds** are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts.
_Page 8_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
## **Receipts and Payments Account**
||**Unrestricted Designated**
**Restricted Endowment**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**funds**
**total funds**|
|---|---|
|**Receipts**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
**Total receipts**
**Payments**
Raising funds
Expenditure on charitable activities
**Total payments**
**Excess of receipts over payments before**
**transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Excess of receipts over payments before**
**other gains / losses**
**Net movement in funds**
**All assets at 01 January 2021**
**All assets at 31 December 2021**
**Represented by**
**Unrestricted**
General Fund St. John’s
General fund St Michael’s
**Designated**
B/F FROM 2000 NO DETAILS
**Restricted**
Agency collection
BELLS RESTRICTED
Church And Churchyard - St John’s
Donations for Charitable Giving
FRIENDS
GRAVES RESTRICTED
LEVEDALE REFURBISHMENT
NOAHS ARK & DROP IN
ORGAN MAINTENANCE
St Michaels Church Fete Committee
**Endowment**
LITTLETON GRAVE|75,369
—
8,631
—
84,001
95,301
11,042
—
—
—
11,042
12,972
955
—
—
—
955
2,540
100
—
4
—
104
141
120
—
—
—
120
1,042|
||**87,586**
**—**
**8,635**
**—**
**96,221**
**111,997**
813
—
—
—
813
600
82,690
—
8,309
—
90,999
142,424|
||**83,503**
**—**
**8,309**
**—**
**91,812**
**143,024**|
||**4,083**
**—**
**326**
**—**
**4,409**
**(31,026)**
—
—
—
—
—
1,427
—
—
—
—
—
(1,427)|
||**4,083**
**—**
**326**
**—**
**4,409**
**(31,026)**|
||**4,083**
**—**
**326**
**—**
**4,409**
**(31,026)**|
||**27,704**
**—**
**43,403**
**1,000**
**72,107**
**103,133**|
||**31,787**
**—**
**43,729**
**1,000**
**76,516**
**72,107**
6,181
—
—
—
6,181
5,281
25,606
—
—
—
25,606
22,423
—
—
—
—
—
—
—
—
—
—
—
—
—
—
69
—
69
353
—
—
8,836
—
8,836
9,332
—
—
—
—
—
—
—
—
24,055
—
24,055
22,408
—
—
3,000
—
3,000
3,000
—
—
2,128
—
2,128
2,139
—
—
2,781
—
2,781
2,781
—
—
2,486
—
2,486
3,015
—
—
374
—
374
374
—
—
—
1,000
1,000
1,000|
_Page 9_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
## **Statement of assets and liabilities 2021**
||**General Designated**
**Restricted Endowment**|**This year**
**Last year**|
|---|---|---|
|**Current assets - Cash at bank and in hand**
Current bank account - St Michael’s -
Lloyds current - St John’s -
Friends Bank Account -
Levedale Bank Account -
Levedale Cash in Hand -
CBF deposit - St John’s -
General Cash in Hand St Michael’s -
Fees Cash in Hand -
**Totals**
**Current assets - Debtors**
Accounts Receivable – re bank account
**Totals**
**Liabilities - Agency accounts**
Agency collections -
**Totals**
**Grand total**|25,497
—
9,642
1,000
6,181
—
1,461
—
—
—
23,450
—
—
—
1,902
—
—
—
226
—
—
—
7,375
—
10
—
—
—
100
—
—
—|36,138
34,196
7,642
6,921
23,450
22,408
1,902
1,913
226
226
7,375
7,371
10
10
100
198|
||**31,787**
**—**
**44,056**
**1,000**
—
—
—
—|**76,843**
**73,243**
—
322|
||**—**
**—**
**—**
**—**
—
—
327
—|**—**
**322**
327
1,457|
||**—**
**—**
**327**
**—**|**327**
**1,457**|
||**31,787**
**—**
**43,729**
**1,000**|**76,516**
**72,107**|
## **Cash at Bank and in hand 2020**
|Current Accounts - St
Michael’s & St John’s
Friends of St Michael’s
Levedale - St Michael’s
CBF Deposit - St Michael’s
CBF Deposit - St John’s
Cash in hand
**Total**|**Unrestricted**
**£**|
**Designated**
**£**|
**Restricted**
**£**|
**Endowment**
**£**|
**2020**
**Total**
**£**|
**Total 2019**
**£**|
|---|---|---|---|---|---|---|
||27,496|-|12,943|1,000|41,438|32,566|
||-|-|22,408|-|22,408|53,456|
||-|-|1,913|-|1,913|1,641|
||-|-|-|-|-|4,900|
||-|-|7,371|-|7,371|7,340|
||208|-|226|-|434|3,338|
||||||||
||**27,704**|**-**|**44,861**|**1,000**|**73,565**|**103,241**|
_Page 10_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
## **Fund movement by type - 2021**
||**Opening**
**Incoming**
**Outgoing**
**Transfers**|**Gains/losses**
**Closing**|
|---|---|---|
|**BELLS - BELLS RESTRICTED**
Restricted
**Sub-total for BELLS**
**Church & C - Church And Churchyard St**
**John’s**
Restricted
**Sub-total**
**Church Fete - St Michael’s Church Fete**
Restricted
**Sub-total for ChurchFete**
**FRIENDS - FRIENDS**
Restricted
**Sub-total for FRIENDS**
**GRAVES - GRAVES RESTRICTED**
Restricted
**Sub-total for GRAVES**
**General - General Fund**
Unrestricted St John’s
Unrestricted St Michael’s
**Sub-total for General**
**Giving - Donations for Charitable**
Restricted
**Sub-total for Giving**
**HISTORIC - B/F FROM 2000 NO DET**
Designated
**Sub-total for HISTORIC**
**LEVEDALE - LEVEDALE REFURBISHMENT**
Restricted
**Sub-total for LEVEDALE**
**LITTLETON - LITTLETON GRAVE**
Endowment
**Sub-total for LITTLETON**
**NOAHS - NOAHS ARK & DROP IN**
Restricted
**Sub-total for NOAHS**
**ORGAN - ORGAN MAINTENANCE**
Restricted
**Sub-total for ORGAN**
**Grand total**|353
(20)
264
—|—
69|
||**353**
**(20)**
**264**
**—**
9,332
4
500
—|**—**
**69**
—
8,836|
||
**9,332**
**4**
**500**
**—**
374
—
—
—|**—**
**8,836**
—
374|
||**374**
**—**
**—**
**—**
22,408
2,312
665
—|**—**
**374**
—
24,055|
||**22,408**
**2,312**
**665**
**—**
3,000
—
—
—|**—**
**24,055**
—
3,000|
||**3,000**
**—**
**—**
**—**
5,281
2,566
1,666
—
22,423
85,020
81,837
—|**—**
**3,000**
—
6,181
—
25,606|
||**27,704**
**87,586**
**83,503**
**—**
—
6,239
6,239
—|**—**
**31,787**
—
—|
||**—**
**6,239**
**6,239**
**—**
—
—
—
—|**—**
**—**
—
—|
||**—**
**—**
**—**
**—**
2,139
100
112
—|**—**
**—**
—
2,128|
||**2,139**
**100**
**112**
**—**
1,000
—
—
—|**—**
**2,128**
—
1,000|
||**1,000**
**—**
**—**
**—**
2,781
—
—
—|**—**
**1,000**
—
2,781|
||**2,781**
**—**
**—**
**—**
3,015
—
529
—|**—**
**2,781**
—
2,486|
||**3,015**
**—**
**529**
**—**|**—**
**2,486**|
||**72,107**
**96,221**
**91,812**
**—**|**—**
**76,516**|
_Page 11_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021 Fund Description**
## **Restricted Funds**
Bells – St Michael’s For the upkeep and maintenance of St Michael’s bells Church Fete – St Michael’s Fete Committee funds to be used for set-up costs of future fetes Friends of St Michael’s For repairs and maintenance to the fabric of St Michael’s Church Graves – St Michael’s For the upkeep and maintenance of the Minshall and Wimpenny graves in St Michael’s churchyard Levedale – St Michael’s For the refurbishment, upkeep and maintenance of Levedale Mission Church Noahs – St Michael’s For Noah’s Ark and Drop-in groups Organ – St Michael’s For upkeep and maintenance of St Michael’s organ Giving Donations and collections made for the purpose of Charitable Giving on behalf of the Church
Church & Churchyard – St J For the upkeep and maintenance of St John’s Church and churchyard
## **Endowment Funds**
Littleton For the maintenance of Lady Hatherton’s grave
## **Fund movement summary 2020**
|**Fund**|**Balance**
**at**|**Receipts**
**£**|**Payments**
**£**|**Transfers**
**£**|**Balance**
**at**|
|---|---|---|---|---|---|
||**1st Jan**||||**31st Dec**|
|**Unrestricted Funds**||||||
|General funds-St Michaels’s & St John’s|26,664|108,114|-108,501|1427|27,704|
|||||||
|**Designated Funds**||||||
|Historic-StMichael’s|1,427|||-1427|0|
|||||||
|**Restricted Funds**||||||
|Bells-Bells Restricted|333|20||-|353|
|Church & Churchyard - Church And
Churchyard-St John’s|10,049|58|-775|-|9,332|
|Church Fete - St Michaels Church Fete
Committee|374|-|-|-|374|
|Friends-Friends|53,613|2,294|-33500|-|22,408|
|Graves-Graves Restricted|3,000|-|-|-|3,000|
|Levedale-Levedale refurbishment|1,641|531|-32|-|2,139|
|Noahs-Noah's Ark and Drop-in|2,781|-|-|-|2,781|
|Organ -Organ Maintenance|2,626|605|-216|-|3,015|
||74,417|3,508|-34,523|0|43,403|
|**Endowment Funds**||||||
|Littleton-Littleton Grave|1,000|-|-|-|1,000|
||1,000|0|0|0|1,000|
|||||||
|**Totals**|**103,134**|**111,997**|**-143,024**|**-**|**72,107**|
_Page 12_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
## **Analysis of receipts and payments**
|**Total**
**Unrestricted Designated**
**Restricted**
**Endowment**
**This year**
**Last year**
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gift Aid - Bank
41,463
—
578
—
42,040
39,395
Gift Aid - Envelopes
4,273
—
—
—
4,273
8,637
Other planned giving
4,154
—
440
—
4,594
4,353
Loose plate collections
4,802
—
164
—
4,966
2,599
Giving through church boxes
—
—
—
—
—
—
One-off Gift Aid gifts
520
—
6,000
—
6,520
260
Gifts of quoted securities
—
—
—
—
—
—
Donations appeals etc
9,992
—
230
—
10,222
23,516
Tax recoverable on Gift Aid
3,856
—
270
—
4,126
6,453
Legacies
1,200
—
1,000
—
2,200
1,000
Recurring grants
3,302
—
—
—
3,302
775
Non-recurring one-off grants
1,364
—
(50)
—
1,314
8,113
Other funds generated
—
—
—
—
—
—
Wall Safe donations
444
—
—
—
444
200
Total
75,369
—
8,631
—
84,001
95,301
**Income from charitable activities**
Fees for weddings and funerals
9,147
—
—
—
9,147
10,396
Fees Heating and Travelling
Expenses
1,520
—
—
—
1,520
1,944
Stall receipts
375
—
—
—
375
632
Total
11,042
—
—
—
11,042
12,972
**Other trading activities**
Rummage sales etc
—
—
—
—
—
—
Fund raising
929
—
—
—
929
2,076
Ancillary Trading
26
—
—
—
26
464
Total
955
—
—
—
955
2,540
**Investments**
Dividends
—
—
—
—
—
—
Bank and building society interest
—
—
4
—
4
41
Rent from lands or buildings
100
—
—
—
100
100
Total
100
—
4
—
104
141
**Other income**
Insurance claims
—
—
—
—
—
—
Surplus - sales of fixed assets
—
—
—
—
—
—
Church Hall Loan Repayments
120
—
—
—
120
1,042
Total
120
—
—
—
120
1,042|**Total**
**Unrestricted Designated**
**Restricted**
**Endowment**
**This year**
**Last year**
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gift Aid - Bank
41,463
—
578
—
42,040
39,395
Gift Aid - Envelopes
4,273
—
—
—
4,273
8,637
Other planned giving
4,154
—
440
—
4,594
4,353
Loose plate collections
4,802
—
164
—
4,966
2,599
Giving through church boxes
—
—
—
—
—
—
One-off Gift Aid gifts
520
—
6,000
—
6,520
260
Gifts of quoted securities
—
—
—
—
—
—
Donations appeals etc
9,992
—
230
—
10,222
23,516
Tax recoverable on Gift Aid
3,856
—
270
—
4,126
6,453
Legacies
1,200
—
1,000
—
2,200
1,000
Recurring grants
3,302
—
—
—
3,302
775
Non-recurring one-off grants
1,364
—
(50)
—
1,314
8,113
Other funds generated
—
—
—
—
—
—
Wall Safe donations
444
—
—
—
444
200
Total
75,369
—
8,631
—
84,001
95,301
**Income from charitable activities**
Fees for weddings and funerals
9,147
—
—
—
9,147
10,396
Fees Heating and Travelling
Expenses
1,520
—
—
—
1,520
1,944
Stall receipts
375
—
—
—
375
632
Total
11,042
—
—
—
11,042
12,972
**Other trading activities**
Rummage sales etc
—
—
—
—
—
—
Fund raising
929
—
—
—
929
2,076
Ancillary Trading
26
—
—
—
26
464
Total
955
—
—
—
955
2,540
**Investments**
Dividends
—
—
—
—
—
—
Bank and building society interest
—
—
4
—
4
41
Rent from lands or buildings
100
—
—
—
100
100
Total
100
—
4
—
104
141
**Other income**
Insurance claims
—
—
—
—
—
—
Surplus - sales of fixed assets
—
—
—
—
—
—
Church Hall Loan Repayments
120
—
—
—
120
1,042
Total
120
—
—
—
120
1,042|
|---|---|
||75,369
—
8,631
—
84,001
95,301
9,147
—
—
—
9,147
10,396
1,520
—
—
—
1,520
1,944
375
—
—
—
375
632|
||11,042
—
—
—
11,042
12,972
—
—
—
—
—
—
929
—
—
—
929
2,076
26
—
—
—
26
464|
||955
—
—
—
955
2,540
—
—
—
—
—
—
—
—
4
—
4
41
100
—
—
—
100
100|
||100
—
4
—
104
141
—
—
—
—
—
—
—
—
—
—
—
—
120
—
—
—
120
1,042|
||120
—
—
—
120
1,042|
|**INCOME TOTAL**|87,586
—
8,635
—
96,221
111,997|
_Page 13_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
## **EXPENDITURE**
|**Raising funds**
Costs of Fundraising
454
—
—
—
454
7
Costs of Stall Purchases
290
—
—
—
290
506
Costs of stewardship campaign
69
—
—
—
69
68
Costs of fetes & other events
—
—
—
—
—
20
Total
813
—
—
—
813
600
**Expenditure on charitable activities**
Charitable giving
—
—
—
—
—
—
Grants, Missions and Special
Appeals
1,435
—
6,239
—
7,674
5,326
Parish Share
Special Assessment
Parish Share Support
72,058
(15,324)
(5,417)
—
---
---
—
---
---
—
---
---
72,058
(15,324)
(5,417)
74,881
---
(10,041)
Assistant staff costs
—
—
—
—
—
—
Church Servants costs
—
—
—
—
—
—
Salary of parish administrator
4,080
—
—
—
4,080
2,465
Working expenses of incumbent
—
—
—
—
—
—
Clergy Expenses
685
—
—
—
685
4,786
Vicar's telephone
—
—
—
—
—
—
Parish training and mission
942
—
—
—
942
603
Church running - insurance
8,720
—
—
—
8,720
9,097
Organ / piano tuning
—
—
221
—
221
216
Church maintenance
2,356
—
1,237
—
3,593
3,851
Cleaning
240
—
—
—
240
257
Upkeep of services
1,129
—
—
—
1,129
1,383
Upkeep of churchyard
4,000
—
500
—
4,500
4,030
Administration
20
—
—
—
20
—
Church Management and Admin
2,627
—
—
—
2,627
2,648
Church Hall Hire for Community Use
—
—
—
—
—
630
Visiting speakers / locums
—
—
—
—
—
—
Church running - electric
1,629
—
112
—
1,740
2,144
Church running - gas
1,974
—
—
—
1,974
2,935
Church running - water
187
—
—
—
187
299
Governance costs examination/audit
fee
212
—
—
—
212
456
Church major repairs - structure
—
—
—
—
—
19,184
Major Works - Quinquennial
—
—
—
—
—
17,673
Church major repairs - installation
1,138
—
—
—
1,138
—
Church interior and exterior
decorating
—
—
—
—
—
—
Other PCC property upkeep
—
—
—
—
—
—
New building Church
—
—
—
—
—
—
Total
82,690
—
8,309
—
90,999
142,424|454
—
—
—
454
7
290
—
—
—
290
506
69
—
—
—
69
68
—
—
—
—
—
20|
|---|---|
||82,690
—
8,309
—
90,999
142,424|
|**EXPENDITURE TOTAL**|83,503
—
8,309
—
91,812
143,024|
|||
|**GRAND TOTAL**|4,083
—
326
—
4,409
(31,026)|
_Page 14_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
## **Analysis of Transfer between Funds**
None in 2021
## **Fixed Assets**
The PCC own the property known as Levedale Mission Church. A professional valuation of the property carried out during 2003 valued it at £10,000.
## **Other Monetary Assets**
|**Church Hall Loan**|**2021**|**2020**|
|---|---|---|
|As at 1stJanuary|£25,232|£26,274|
|Repayments in theyear|(£120)|(£1,024)|
|As at 31stDecember|£25,112|£25,232|
Penkridge St Michael’s lent £77,046 to the Church Hall (an independent charity) for a modernization and renovation project in 2008. The Church Hall make repayments when they can afford to do so.
## **Liabilities**
|**Liabilities**|||
|---|---|---|
||**2021**
**£**|**2020**
**£**|
||||
|Parish share|14,115|5,843|
|Agency|327|1,457|
||||
|**Total**|14,442|7,300|
The PCC did not meet its Parish Share target for 2021. Following a meeting with the Parish Assessor, a Special Assessment Deduction of £15,324 was applied. A further Parish Support Allowance of £5,417 was applied by the Diocese making the total due £59,583. The PCC actually paid £51,317 so ended 2021 with a shortfall of £8,266 plus the arrears still outstanding for 2020 of £5,843.
Previously the PCC have committed to an Annual Giving 10% tithe on unrestricted income (net of fees income) to be donated to agreed charities and appeals.
During 2021 £6,836 of the calculated 2020 tithe of £8,432 has been donated leaving a further £1,596 to be carried forward.
_Page 15_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
This was possible largely due to a generous donation of £6,000 which was given with the condition that it was to be used for Annual Giving.
The calculated tithe for 2021 is £7,633
An anonymous donation of £5,000 was also received but with a stipulation that it was not to be included when calculating the tithe for 2021.
_Page 16_
## **The Parochial Church Council of Penkridge Financial Statements for the Year Ended 31[st] December 2021**
## **Receipts and Payments Account 2020**
|**RECEIPTS**
Donations and
Legacies
Activities for
Generating Funds
Income from
Investments
Church Activities
Other
**Total Receipts**
**PAYMENTS**
Raising Funds
Church Activities
Other
**Total Payments**
**Excess of**
**Receipts over**
**Payments**
Transfer between
Funds
**Net Movement for**
**the year**
**Cash at Bank and**
**In Hand at 1st Jan**
**Cash at Bank and**
**In Hand at 31st**
**Dec**|**Unrestricted**
**Funds**
**£**|
**Designated**
**Funds**
**£**|
**Restricted**
**Funds**
**£**|
**Endowment**
**Funds**
**£**|
**Total**
**Funds**
**2020**
**£**|
**Total**
**Funds**
**2019**
**£**|
|---|---|---|---|---|---|---|
||||||||
||91,459|-|3,642|-|95,101|148,890|
||200|-|-|-|200|423|
||109|-|31|-|140|192|
||15,303|-|210|-|15,513|30,066|
||1,042|-|-|-|1,042|-|
||||||||
||108,114|-|3,883|-|111,997|179,571|
||||||||
||||||||
||600|-|-|-|600|1,191|
||107,900|-|34,523|-|142,424|148,688|
||-|-|-|-|-|-|
||||||||
||108,501|-|34,523|-|143,024|149,879|
||||||||
||(387)|-|(30,640)|-|(31,028)|29,691|
||||||||
||1,427|(1,427)||-|-|-|
||||||||
||**1,040**|**(1,427)**|**(30,640)**|**-**|**(31,028)**|**29,691**|
||||||||
||26,664|(1,427)|74,043|1,000|103,134|73,443|
||||||||
||**27,704**||**43,403**|**1,000**|**72,107**|**103,134**|
_Page 17_
## **Penkridge St Michael’s Reports for the year ended 31 December 2021 Receipts and Payments Account**
||**Unrestricted Designated**
**Restricted Endowment**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**funds**
**total funds**|
|---|---|
|**Receipts**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
**Total receipts**
**Payments**
Raising funds
Expenditure on charitable activities
**Total payments**
**Excess of receipts over payments before**
**transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Excess of receipts over payments before**
**other gains / losses**
**Net movement in funds**
**All assets at 01 January 2021**
**All assets at 31 December 2021**
**Represented by**
**Unrestricted**
General fund
**Designated**
B/F FROM 2000 NO DETAILS
**Restricted**
Agency collection
BELLS RESTRICTED
Donations for Charitable Giving
FRIENDS
GRAVES RESTRICTED
LEVEDALE REFURBISHMENT
NOAHS ARK & DROP IN
ORGAN MAINTENANCE
St Michael’s Church Fete Commitee
**Endowment**
LITTLETON GRAVE|72,803
—
8,631
—
81,435
93,132
11,042
—
—
—
11,042
12,973
955
—
—
—
955
2,540
100
—
—
—
100
109
120
—
—
—
120
1,042|
||**85,020**
**—**
**8,631**
**—**
**93,652**
**109,796**
813
—
—
—
813
600
81,024
—
7,809
—
88,833
140,202|
||**81,837**
**—**
**7,809**
**—**
**89,646**
**140,802**|
||**3,184**
**—**
**822**
**—**
**4,006**
**(31,006)**
—
—
—
—
—
1,427
—
—
—
—
—
(1,427)|
||**3,184**
**—**
**822**
**—**
**4,006**
**(31,006)**|
||**3,184**
**—**
**822**
**—**
**4,006**
**(31,006)**|
||**22,423**
**—**
**34,071**
**1,000**
**57,494**
**88,499**|
||**25,606**
**—**
**34,893**
**1,000**
**61,499**
**57,494**
25,606
—
—
—
25,606
22,423
—
—
—
—
—
—
—
—
—
—
—
—
—
—
69
—
69
353
—
—
—
—
—
—
—
—
24,055
—
24,055
22,408
—
—
3,000
—
3,000
3,000
—
—
2,128
—
2,128
2,139
—
—
2,781
—
2,781
2,781
—
—
2,486
—
2,486
3,015
—
—
374
—
374
374
—
—
—
1,000
1,000
1,000|
## **Statement of assets and liabilities**
||**General Designated**
**Restricted Endowment**
**This year**
**Last year**|
|---|---|
|**Current assets - Cash at bank and in hand**
Current bank account - St Michael’s -
Friends Bank Account -
Levedale Bank Account -
Levedale Cash in Hand -
General Cash in Hand St Michael’s -
Fees Cash in Hand -
**Totals**
**Liabilities - Agency accounts**
Agency collections -
**Totals**
**Grand total**|25,497
—
9,642
1,000
36,138
34,196
—
—
23,450
—
23,450
22,408
—
—
1,902
—
1,902
1,913
—
—
226
—
226
226
10
—
—
—
10
10
100
—
—
—
100
198|
||**25,606**
**—**
**35,220**
**1,000**
**61,826**
**58,951**
—
—
327
—
327
1,457|
||**—**
**—**
**327**
**—**
**327**
**1,457**|
||**25,606**
**—**
**34,893**
**1,000**
**61,499**
**57,494 **|
_Page 18_
## **Stretton St John’s Reports for the year ended 31 December 2021 Receipts and Payments Account**
||**Unrestricted Designated**
**Restricted Endowment**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**funds**
**total funds**|
|---|---|
|**Receipts**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
**Total receipts**
**Payments**
Raising funds
Expenditure on charitable activities
**Total payments**
**Excess of receipts over payments before**
**transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Excess of receipts over payments before**
**other gains / losses**
**Net movement in funds**
**All assets at 01 January 2021**
**All assets at 31 December 2021**
**Represented by**
**Unrestricted**
General Fund
**Restricted**
Church and Churchyard - St John’s|2,566
—
—
—
2,566
2,169
—
—
—
—
—
—
—
—
—
—
—
—
—
—
4
—
4
31
—
—
—
—
—
—|
||**2,566**
**—**
**4**
**—**
**2,570**
**2,200**
—
—
—
—
—
—
1,666
—
500
—
2,166
2,222|
||**1,666**
**—**
**500**
**—**
**2,166**
**2,222**|
||**900**
**—**
**(496)**
**—**
**404**
**(22)**
—
—
—
—
—
—
—
—
—
—
—
—|
||**900**
**—**
**(496)**
**—**
**404**
**(22)**|
||**900**
**—**
**(496)**
**—**
**404**
**(22)**|
||**5,281**
**—**
**9,332**
**—**
**14,613**
**14,635**|
||**6,181**
**—**
**8,836**
**—**
**15,017**
**14,613**
6,181
—
—
—
6,181
5,281
—
—
8,836
—
8,836
9,332|
## **Statement of assets and liabilities**
||**General Designated**
**Restricted Endowment**|**This year**
**Last year**|
|---|---|---|
|**Current assets - Cash at bank and in hand**
Lloyds current - St John’s -
CBF deposit - St John’s -
**Totals**
**Current assets - Debtors**
Accounts Receivable -
**Totals**
**Grand total**|6,181
—
1,461
—
—
—
7,375
—|7,642
6,921
7,375
7,371|
||**6,181**
**—**
**8,836**
**—**
—
—
—
—|**15,017**
**14,291**
—
322|
||**—**
**—**
**—**
**—**|**—**
**322**|
||**6,181**
**—**
**8,836**
**—**|**15,017**
**14,613**|
_Page 19_
## **Independent Examiner’s report to the trustees/members of The PCC of Penkridge**
Registered charity number: 1131086
I report on the accounts for the year ended 31[st] December 2021 which are set out on the following pages.
## **Respective responsibilities of the Trustees and Independent Examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility
- to examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention.
## **Basis of Independent Examiner's Statement**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below.
## **Independent Examiner's Statement**
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect:
- accounting records were not kept in accordance with section 130 of the Charities Act or
- the accounts do not accord with the with the accounting records
I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:
Date: **29 June 2022**
Sue Schulz For and on behalf of Lichfield Diocesan Board of Finance St Marys House, The Close, Lichfield. WS13 7LD