THE PCC OF THE ECCLESIASTICAL PARISH OF LINTHORPE, MIDDLESBROUGH
ANNUAL REPORT AND STATEMENT OF FINANCIAL ACTIVITIES OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2020
CHARITY REGISTRATION No: 1131212
ST BARNABAS PAROCHIAL CHURCH COUNCIL
CONTENTS
| Page 3 to 4 | Legal and Administrative Information |
|---|---|
| Page 5 | Independent Examiners Report to the Trustees |
| Page 6 to 7 | Review of the Year |
| Page 8 | Statement of Financial Activities |
| Page 9 | Balance Sheet |
| Pages 10 to 20 | Notes to the Financial Statements |
ST BARNABAS PAROCHIAL CHURCH COUNCIL
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LEGAL AND ADMINISTRATIVE INFORMATION
PAROCHIAL NAME
The Parochial Church Council of the Ecclesiastical Parish of Linthorpe, Middlesbrough.
WORKING NAME St Barnabas Parochial Church Council
CORRESPONDENCE ADDRESS Church Office St Barnabas Church Hall 1a St Barnabas Road Linthorpe Middlesbrough Cleveland TS5 6JR 01642 812622
PCC MEMBERS OF THE CHURCH
Clergy Revd Dr David Goodhew Revd Lindsey Goodhew Revd Mark Walley Church Wardens Graeme Malyon (retired November 2020) Melanie Downs Tony Hutchings (from November 2020) Diocesan Synod Retires 2021 Neill Burgess Deanery Synod Retire 2023 Barbara Edwards (secretary), Kate Morris, Alistair Bolton, Allison Ward Elected Members During the year, the following served as members of the PCC: Retired Nov 2020 Ann Watson, Jonathan Shippey, Kimberley Hunt Retire 2021 Sue Bell, Ewan Steele, Ruth Ritchie Retire 2022 Paul Bury, Penny Whiteway, Stuart Gunn Retire 2023 Malcolm McGregor, Gail Roberts, Lubna Simon (elected November 2020) CHARITY NUMBER 1131212 OBJECTS Promoting in the ecclesiastical parish the whole mission of the Church.
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LEGAL AND ADMINISTRATIVE INFORMATION (continued)
PRIMARY BANKERS
HSBC Bank plc Nationwide Building Society 60 Albert Road PO Box 3 Middlesbrough 5-11 St Georges Street Cleveland Douglas TS1 1SR Isle of Man IM99 1AS
INDEPENDENT EXAMINER J Irvinesmith FCIE Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF
BACKGROUND The responsibilities and duties of Parochial Church Councils are set out in the Parochial Church Councils (Powers) Measure 1956.
The PCC of St Barnabas Church Linthorpe, has responsibility, with the incumbent, Revd Dr David Goodhew, for the mission, worship, and pastoral ministry of the Church of England in the ecclesiastical parish of Linthorpe in the Diocese of York.
In addition it has maintenance responsibilities for the church building, the church hall and car park complex on St Barnabas Road, Linthorpe, Middlesbrough and for the house at 23 Linden Grove, Linthorpe.
COMMITTEES The PCC operates through the Church Leadership Team and a number of sub-committees consisting of PCC members and others coopted from members of the church, as follows: CHURCH LEADERSHIP TEAM Oversees the day to day running and the strategic direction of the ministry of the Church. STANDING COMMITTEE This is the only committee required by law. It has power to transact any urgent business of the PCC between its meetings. FINANCE COMMITTEE Oversees the general financial dimension of the work of St Barnabas. It meets once or twice a year, in particular to review the monitoring of income and expenditure and to formulate a budget for the next year. FACILITIES MANAGEMENT COMMITTEE Attends to matters relating to church buildings and fabric, the church house, audio-visual equipment and lettings. MISSION COMMITTEE Keeps the church members informed of the needs of the charities and projects we support and recommends to the PCC the amounts we donate to these.
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INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS
This report on the financial statements of the PCC for the year ended 31 December 2019, which are set out on the following pages, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 ('the Regulations') and s.144 of the Charities Act 2011 ('the Act').
Respective Responsibilities of the PCC and the Examiner
As the members of the PCC you are responsible for the preparation of the financial statements; you consider that the audit requirement of the Regulations and section 145 of the Charities Act 2011 does not apply. It is my responsibility to issue this report on those financial statements accounts in accordance with the terms of the Regulations.
Basis of Independent Examiner's Report
My examination was carried out in accordance with the General Directions given by the Charity Commission under section 145 (5) (b) of the Act and to be found in the Church Guidance, 2006 edition, issued from the Finance Division of the Archbishops' Council. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as 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 matter has come to my attention:
1) which gives me reasonable cause to believe that in any material respect the requirements
● to keep accounting records in accordance with section 130 of the Act; and
●to prepare accounts which accord with the accounting records and to comply with the requirements of the Act, and the Regulations have not been met; or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
J Irvinesmith FCIE Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF
Dated: 18th October 2021
ST BARNABAS PAROCHIAL CHURCH COUNCIL
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REVIEW OF THE YEAR ENDED 31 DECEMBER 2020
Vicar's Report
The life and activities of St Barnabas Church in 2020 were naturally shaped by the Covid 19 pandemic. The church was closed from late March and services were streamed initially from people’s homes, but then from the church building when regulations allowed. The Wednesday Communion service resumed in July, with Sunday services starting back in August. A hybrid model continued with Sunday services streamed on YouTube with people worshipping in the building. In November services were again streamed from the building without in person congregations, though the building was open for private prayer.
A full programme of Christmas services was held, online and in person with restricted numbers. An online Alpha course was held in October. The church took part in Feast of Fun, with delivery of food and activities to families in August and during the Christmas holidays.
Hazel Murray continued as part-time student worker at Teesside University. In May 2020 it was decided to employ a Worship Leader, to lead the sung worship at 11.15am and 6.30pm and support the team at 9.30am. Seb Rab was appointed started in post on 1st September. In October 2020 it was decided to employ a part time media worker, to provide technical support for the increasing online nature of the church. Phil Hale was appointed and took up his post in December.
The Immeasurably More process of looking to the future had been planned for 2020 with a day for the whole church on 28th March, leading towards the formation of a Mission Action. While the planned day for Immeasurably More was the first casualty of lockdown, the consultation process was resumed by Zoom and on paper in June 2020. The PCC met to review the comments and reflections of the congregation and the Mission Action Plan was approved by the PCC in September 2020.
The Mission Action Plan identified 4 key values. We seek to be Bible based, Christ centred, transformational and servant-hearted. Five priority areas for the next 3-5 years were identified: worship, those under 25 years of age, compassion for our community, outreach and nurture of the whole church family.
Financial Report
i. Unrestricted Funds
Our unrestricted funds (excluding designated funds) showed a decrease in the year from a balance of £91,441 at the year start to a balance of £79,670 at the year end. This compares with a reserves target of £45,000, which represents 10 weeks' expenditure. It should be noted that the regular giving increased by 5%, even though for most of the year there were no weekly collections in the services.
The COVID-19 pandemic resulted in some unplanned expenditure, but also meant that expenditure on the buildings was lower than usual. Two new members of staff joined towards the end of the year.
ii. Designated Funds
The Development Fund (money from the sale of 64 Queen's Rd) now stands at £41,570, after a small final payment for the north aisle roof repairs.
The Future Staffing fund was created to build up reserves to pay for new staff members when they are appointed. It currently stands at £20,114 and now that two new staff members have been appointed it will be used over the next two years.
iii. Restricted Funds
Income for the Jachie Eye Clinic in Ghana was £7,562 received in the form of donations, money raised at the online Craft Aid event and from the sale of cards. The start-of-year balance was £9,564, which meant that we were able to send £13,400 to the clinic, and also pay £610 to ship donated medical equipment to Jachie.
ST BARMABAS PAROCHIAL CHURCH COUIICIL Page 7 REVIEW OF THE YEAR ENDED 31 DECEMBER 2020 CONT. Financial R contin £2.025 was given to the futxl to support blind children in Ghana. The start-of-yèar balance was £3,056, which meant th we were able to send £5,(WXI to Ghana. £108 was sent to Cr0551inks from rtneY raisgd at a coffee moming to support the Robinsons in Thailand. £1,160 was used to help al peoF4e in need. notsbty wih debl problems, from donab.ons to the Acts435 project. The organ mainlenan¢e fund stands at £12,923 and this is available for the orvJoing rnaintenan of the refurbisheil organ. £793 was spent this year. £16 was received from the sale of han¢kmade cards to be sent to the Bible Soaety for VDrk in China. Another £25 was received for in SE Asia fr¢)m the 2019 shared Chrislmas card aThJ a donation. iv. Reserves Poli See Note 15 on Page 19. Tru$tso$ R¢sponsiblllties The charib.es Act 2011 requires the trustees lo prepaie finan(>al statements for each finanoal year whi¢h give a true and fair view of the state of affairs of the trust and of the surplus of the trust for that p8rifx1. In preparing those finanaal statements the trustees are requiied to". Sele¢t rtae accounb.ng poliCS ar appty them consistentty Makejudgernents and estimates that a reasonakje and ptlthnt Prepare finanual statements on the wing cJ)ncem basis unless it is inappropriate to presume that the trust will u)nlinue in $tenCe. The trustees are responsible for keeping proper ac¢))unb"ng rers, which disdose reasonable accuracy at any time the finanual posrtion of Ihe trust They a also responsible for safeguarding the assets of the trust and hence for tsking reaSable steps for the prevention and detection of fraud and other Irregularities. 2020 and the impact of COVID-19 (Ststus mldQctober 2021) There were no Sunday services in church beb¥een mid-mareh and the beginning of SepteMr 2020. During this time no income was reNed fr¢Mn servi¢e offerings arFd verylstlle via enVeloS- although some of this has since been given in other ways. In addthon, no income was recelved from Ihe nts"ng of the church an¢J h811. Fortunately a large propo.0 of giving is done by standing order and that proportion has increased further. with many peOe changing to this method. Even wth the irwme from Servi offerings and envelopes falling from £32,000 in 2019 lo under £12.000 in 2020. thé overall regular giviNJ inerè8sed by 5%. This trend continued into 2021 and has more than compensated for Ihe k>ss of rèntal income. Thèiè was less expenditure on the buildings than planned. bJl a(klitional expendtiure is taking pla in 2021 to catch up on the building work. The streaming of seNi(£s. begun during the pandemic. will continue into the future. and there has been additional expenrtU to enhance the way this is ¢Jone. Signed on behaff of the Trustaes... Revd Dr David Go¢xlhew. VKar an(1 PCC Chairman Date.. 14th Octobèr 2021
ST BARNABAS PAROCHIAL CHURCH COUNCIL
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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020
| Notes INCOME & ENDOWMENTS FROM : Donations & Legacies 3a Other Trading Activities 3b Income from Investments 3c Income from Charitable Activities 3d Other Income 3e TOTAL INCOME EXPENDITURE ON : Raising Funds 4a Charitable Activities 4b TOTAL EXPENDITURE Net income/(expenditure) Add transfers between funds Net movement in funds Reconciliation of Funds Funds at 1st January 2020 TOTAL FUNDS CARRIED FORWARD at 31st December 2020 |
Unrestricted £ 207,689 11,194 202 1,858 8,276 ______ 229,219 0 242,976 242,976 -13,757 0 0 0 -13,757 886,174 872,417 |
Designated £ 0 0 0 0 0 _____ 0 0 337 337 -337 0 0 0 -337 61,501 61,165 |
Restricted 2020 2019 £ £ £ 11,921 219,611 256,650 765 11,959 28,762 0 202 435 0 1,858 22,200 0 8,276 5,287 _____ 12,686 241,905 313,334 0 0 162 21,185 264,498 308,583 21,185 264,498 308,745 -8,499 -22,592 4,590 0 0 0 0 0 0 0 0 0 -8,499 -22,592 4,590 26,025 973,700 969,111 17,526 951,108 973,700 Year ended 31/12 |
|
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ST BARNABAS PAROCHIAL CHURCH COUNCIL Page 9 BALANCE SHEET AS AT 31 DECEMBER 2020 Notgs Unrestritted Restricted 2020 2019 FIXED A SET Tangible assets 792,465 792.465 794,733 URRENT ASSETS Debtors Cash at bank and in hand 21,451 125,193 88 17,438 21.539 142,632 7,421 178,549 146,645 17,526 164.171 185,970 CREDITORS . amoL¢nts falling due within one year 5.528 5.528 7,003 NET CURRENT ASSErs 141,117 17.526 158,643 178,967 NET ASSETS 933,582 17,526 951,108 973,700 FUNDS Restricted funds 17.526 17.526 26,025 Unrestricted funds 79.952 79,952 91,441 Designated funds 61,165 61,165 61,501 Fixed Assets 792,465 792,465 794,733 TOTAL FUNDS 2020 accounts were.... Approved by the Trustee5 on the 14th October 2021 artd Signed on behalf of the Trustees... Revd Dr David Goodhew var and PCC Chaiman
ST BARNABAS PAROCHIAL CHURCH COUNCIL
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/20
1. ACCOUNTING POLICIES
The financial statements of the PCC have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, and with the Charities Act.
The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of Church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
FUNDS
Restricted Funds represent (a) income from trusts or endowments which may be extended only on those restricted objects provided in the terms of the trust or the bequest, and (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.
Unrestricted Funds are general funds which can be used for PCC ordinary purposes.
Designated funds are unrestricted funds set aside for specific purposes by the PCC.
Income and Endowments
Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate are received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.
Expenditure
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. The diocesan quota or parish share is accounted for when due. Amounts received specifically for Mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.
Fixed Assets
Consecrated and Beneficed property is excluded from the accounts by s.10(2) of the Charities Act 2011. No Value is placed on movable church furnishings held by the church wardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA and separately disclosed.
Equipment used within the church premises is depreciated on a straight line basis over 10 years. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired.
Investments are valued at market value at 31st December.
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/20 (CONT.)
Grants payable without performance conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
Changes in Accounting policies and previous accounts
There has been no change to the accounting policies (variation rules and methods of accounting) since last year, and no changes to the previous accounts.
Basis of preparation:
The financial statements have been prepared on the historical cost basis of accounting in accordance with the Charities Act 2011 and in accordance with applicable accounting standards. In preparing the financial statements the charity follows best practice as laid down in the Statement of Recommended Practice "Accounting and Reporting by Charities" (SORP 2015) issued in July 2014.
Measurement of debtors and creditors
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. The PCC has creditors which are measured at settlement amounts less any trade discounts.
2. TANGIBLE FIXED ASSETS
| EQUIPMENT Cost 1st January 2020 Additions /subtractions Cost at 31st December 2020 Depreciation 1st January 2020 Charge Depreciation at 31st December 2020 Net Book Value 31st December 2020 31st December 2019 |
Freehold Furniture Fixtures Equipment Property & Fittings Total £ £ £ £ 756,587 38,132 84,038 0 878,757 0 0 0 3,783 3,783 756,587 38,132 84,038 3,783 882,540 0 28,548 55,476 0.00 84,024 0 1,375 4,676 0.00 6,052 0 29,924 60,152 0 90,076 756,587 8,209 23,886 3,783 792,465 756,587 9,584 28,562 0 794,733 |
|---|---|
The annual commitments under non-cancelling operating leases and capital commitments are as
31st December 2019 : £1,320 for photocopier lease from Digital Office Solutions.
31st December 2020 : £1,320 for photocopier lease from Digital Office Solutions.
Notes :
(1) Freehold property at 1st January 2020 consisted of
(a) House at 23 Linden Grove, valued at cost (£6,587).
(b) Church hall and all land shown edged red and green on the title plans, valued recently at open market value by Andrew Argyle MA FRICS at £750,000.
(2) Depreciation is applied annually to all furniture, fixtures and fittings at 10% from the first year of their full use for 10 years.
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/20 (CONT.)
INCOME & ENDOWMENTS
3a. DONATIONS & LEGACIES
| Collections (not gift aided) Gift aided donations Tax received from Gift Aid Other donations Grants Legacies 3b. OTHER TRADING ACTIVITIES Hall and church lettings Sales of materials and services Craft aid (Jachie) Plant stall (Jachie) Coffee mornings for Robinsons Sponsored toddle 3c. INCOME FROM INVESTMENTS Bank interest 3d. INCOME FROM CHARITABLE ACTIVITIES |
Unrestricted £ 4,538 135,926 32,704 31,299 3,222 0 207,689 11,124 70 0 0 0 0 11,194 202 202 66 10 898 650 210 0 0 24 1,858 0 8,268 8 8,276 |
Designated £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
Restricted 2020 £ £ 0 4,538 3,290 139,216 876 33,580 7,714 39,013 41 3,263 0 0 11,921 219,611 0 11,124 0 70 657 657 0 0 108 108 0 0 765 11,959 0 202 0 202 0 66 0 10 0 898 0 650 0 210 0 0 0 0 0 24 0 1,858 0 0 0 8,268 0 8 0 8,276 |
2019 £ 13,889 122,158 31,576 57,273 2,937 28,817 256,650 23,348 1,085 4,238 0 91 0 28,762 435 435 272 414 2,059 18,420 826 10 189 10 22,200 2,620 2,667 0 5,287 |
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| Coffee and tea Bookstall PCC fees for special services Events Mini Praise / Toddlers Other outreach Barneys Band Church history 3e. OTHER INCOME Insurance claims Diocese reimbursement for Student Worker Miscellaneous |
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/20 (CONT.)
EXPENDITURE
| 4a. RAISING FUNDS Craft aid 4b. CHARITABLE ACTIVITIES 4.1b Grants to Other Bodies Acts 435 Angel Tree Project Bible Society Big Kids Blind children (Ghana) Boro Angels Christian Aid Crosslinks (Robinsons) / Place of Grace CPAS/holiday camps Evaluate Father Terry's Coffee Van Internship Support Jachie Eye Clinic Mescos Middlesbrough Foodbank Open Door Prison Fellowship (Holme House) Interserve (SE Asia) Safe Families for Children Sowing Seeds St Cuthbert's Marton Tear Fund Teesside Hospice Together Middlesbrough & Cleveland Tog M'bro & C'land Feast of Fun (repay) Institutional Grants subtotal |
Unrestricted £ 0 0 0 100 400 700 0 500 250 6,000 0 0 0 250 4,600 2,500 200 800 0 2,500 0 400 500 3,600 250 800 1,193 25,543 |
Designated £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
Restricted £ 0 0 1,160 0 0 0 5,000 0 0 108 0 0 0 0 14,100 0 0 0 0 25 0 0 0 0 0 0 0 20,393 |
2020 £ 0 0 1,160 100 400 700 5,000 500 250 6,108 0 0 0 250 18,700 2,500 200 800 0 2,525 0 400 500 3,600 250 800 1,193 45,936 |
2019 £ 162 162 2,080 100 400 700 400 500 250 5,091 0 0 0 750 3,630 2,500 0 800 0 2,215 200 400 0 400 3,246 500 0 24,163 |
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Note : It is current PCC policy that our Kingdom Mission giving, represented by the unrestricted items above, is 10% of unrestricted giving (including legacies and tax reclaimed) in the previous year.
| 4.2b Diocesan quota 4.2c Affiliations Evangelical Alliance Fusion Affiliations subtotal |
122,400 0 0 122,400 120,000 250 0 0 250 250 563 0 0 563 0 813 0 0 813 250 |
|---|---|
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/20 (CONT.)
EXPENDITURE (CONT.)
| Unrestricted £ 4b. CHARITABLE ACTIVITIES (CONT.) 4.3b Maintenance of Buildings and Grounds Church maintenance 7,161 Hall upkeep 2,379 New furniture and equipment 0 Church and hall insurance 6,275 Vicarage costs 329 Linden Grove upkeep 1,041 Other maintenance costs 2,174 Building improvement projects 0 COVID precautions 568 Depreciation 6,052 Buildings subtotal 25,979 4.4b Utilities Costs Gas 9,516 Electricity 6,417 Water 1,050 Utilities subtotal 16,983 4.5b Personnel Costs Worship Leader 6,667 Media Worker 430 Student Worker 8,268 Church Administrator 7,274 Hall Cleaner 3,930 NI Contributions 0 Pension contributions 47 Staff and lay expenses 1,100 Gap year workers 1,500 Advertising / interviewing 255 Other staff costs 399 Personnel costs subtotal 29,869 |
Designated £ 337 0 0 0 0 0 0 0 0 0 337 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
Restricted £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
2020 £ 7,498 2,379 0 6,275 329 1,041 2,174 0 568 6,052 26,315 9,516 6,417 1,050 16,983 6,667 430 8,268 7,274 3,930 0 47 1,100 1,500 255 399 29,869 |
2019 £ 42,472 6,988 1,256 6,298 1,665 1,084 2,523 0 0 11,066 73,353 10,690 8,399 1,537 20,626 0 0 2,667 7,226 3,755 0 1 1,856 3,000 0 1,160 19,665 |
|---|---|---|---|---|
Church maintenance Hall upkeep New furniture and equipment Church and hall insurance Vicarage costs Linden Grove upkeep Other maintenance costs Building improvement projects COVID precautions Depreciation Buildings subtotal 4.4b Utilities Costs Gas Electricity Water Utilities subtotal 4.5b Personnel Costs Worship Leader Media Worker Student Worker Church Administrator Hall Cleaner NI Contributions Pension contributions Staff and lay expenses Gap year workers Advertising / interviewing Other staff costs Personnel costs subtotal |
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/20 (CONT.)
EXPENDITURE (CONT.)
| 4b. CHARITABLE ACTIVITIES (CONT.) 4.6b Activities costs Youth General Toddler Group Flowers Music and licenses Sound & video equipment Organ and piano maintenance Bookstall Catering Events Discipleship courses Other activities Activities subtotal 4.7b Outreach costs Outreach courses Equipping Website Welcome Break Vicar's Discretionary Fund Children/families (inc F.Fridays&F.of Fun) Outreach to students Asylum Seekers Other outreach Outreach subtotal 4.8b Administration Costs Office supplies Office Phone Office Computer Office Copier Office systems Administration subtotal 4.9b. Governance Costs Independent Examiner's fees Other fees/charges Governance costs subtotal CHARITABLE ACTIVITIES TOTAL |
Unrestricted £ 637 0 455 1,719 1,017 261 0 172 955 0 759 5,976 166 0 908 0 0 9,870 200 0 105 11,250 568 164 0 1,856 557 3,145 1,020 0 1,020 242,976 |
Designated £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 337 |
Restricted £ 0 0 0 0 0 793 0 0 0 0 0 793 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21,185 |
2020 £ 637 0 455 1,719 1,017 1,054 0 172 955 0 759 6,768 166 0 908 0 0 9,870 200 0 105 11,250 568 164 0 1,856 557 3,145 1,020 0 1,020 264,498 |
2019 £ 796 1,881 1,820 1,340 499 1,345 127 947 19,133 0 3,358 31,247 1,455 0 506 291 383 9,941 423 1,343 294 14,637 271 211 376 2,211 569 3,639 1,005 0 1,005 308,584 |
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/20 (CONT.)
| 5a. DESIGNATED FUNDS Current year Toddlers Development Future Staffing TOTAL Previous year Toddlers Development Future Staffing TOTAL |
At 1/1/20 £ -519 41,907 20,114 61,501 At 1/1/19 536 81,399 19,671 101,606 |
Incoming £ 0 0 0 0 Incoming 826 0 443 1,269 |
Outgoing £ 0 337 0 337 Outgoing 1,881 39,492 0 41,373 |
Transfers £ 0 0 0 0 Transfers 0 0 0 0 |
At 31/12/20 £ -519 41,570 20,114 61,165 At 31/12/19 -519 41,907 20,114 61,501 |
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5b. DESCRIPTIONS OF DESIGNATED FUNDS
Toddlers - Mother and Toddler group transactions.
Development - Fund set up for future development using net proceeds from the sale of 64 Queens Road. Future Staffing - Fund created to build up a reserve available for employment of new staff
| 6a. RESTRICTED FUNDS Current year Jachie Blind children in Ghana Tear Fund Robinsons Church holidays Ayresome Youth Worker Acts435 Organ maintenance Assistant Minister Bible Society (China) Interserve (SE Asia) Vicar's Discretionary Fund Total restricted funds Previous year Jachie Blind children in Ghana Tear Fund Robinsons Church holidays Ayresome Youth Worker Acts435 Organ maintenance Assistant Minister Bible Society (China) Interserve (SE Asia) Vicar's Discretionary Fund Total restricted funds |
At 1/1/20 £ 9,564 3,056 0 44 528 141 0 12,466 0 122 100 4 26,025 At 1/1/19 63 1,339 0 44 28 141 180 11,053 0 290 100 4 13,242 |
Incoming £ 7,562 2,025 0 108 0 0 1,700 1,250 0 16 25 0 12,686 Incoming 9,693 2,118 246 91 500 0 1,900 2,360 0 132 215 0 17,255 |
Outgoing £ 14,100 5,000 0 108 0 0 1,160 793 0 0 25 0 21,185 Outgoing 192 400 246 91 0 0 2,080 947 0 300 215 0 4,472 |
Transfers £ 0 0 0 0 0 0 0 0 0 0 0 0 0 Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 |
At 31/12/20 £ 3,027 81 0 44 528 141 540 12,923 0 138 100 4 17,526 At 31/12/19 9,564 3,056 0 44 528 141 0 12,466 0 122 100 4 26,025 |
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/20 (CONT.)
6b. DESCRIPTIONS OF RESTRICTED FUNDS
Jachie - Donations and funds raised for the Jachie Eye Clinic in Ghana. Blind childen - Donations to support specific blind children in Ghana. Tear Fund - Donations for the ‘Tear Fund’ national charity.
Robinsons - Funds raised to support the Robinsons in Thailand.
Church holidays - Donations to assist church members who cannot afford the cost of a church holiday. Ayresome Youth Worker - Fund for evangelism relating to children living in Ayresome. Acts435 - Internet scheme to help the local poor.
Organ maintenance - Donations for organ maintenance and restoration.
Assistant Minister - Donations and grants to pay for an Assistant Minister.
Bible Society (China) - Funds raised by selling hand-made cards for the Bible Scoiety to use in China Interserve (SE Asia) - Donation to support work in SE Asia.
Vicar's Discretionary Fund - Grant for discretionary financial support from the vicar.
| 7. CASH AT BANK AND IN HAND Unrestricted Funds £ Cash at year end 84 HSBC Community Account 18,841 HSBC Business Money Manager Account 55,086 Nationwide Building Society Account 51,181 125,193 8. DEBTORS Prepayments 0 Other debtors 21,451 21,451 9. CREDITORS Accruals 2,720 Other creditors 2,808 5,528 10. ANALYSIS OF NET ASSETS BETWEEN FUNDS Current year Fund balances at 31/12/20 Unrestricted Designated are represented by : £ £ Tangible fixed assets 35,878 0 Current assets 85,480 61,165 Creditors : amount falling due within one year 5,528 0 Net assets 115,830 61,165 |
7. CASH AT BANK AND IN HAND Unrestricted Funds £ Cash at year end 84 HSBC Community Account 18,841 HSBC Business Money Manager Account 55,086 Nationwide Building Society Account 51,181 125,193 8. DEBTORS Prepayments 0 Other debtors 21,451 21,451 9. CREDITORS Accruals 2,720 Other creditors 2,808 5,528 10. ANALYSIS OF NET ASSETS BETWEEN FUNDS Current year Fund balances at 31/12/20 Unrestricted Designated are represented by : £ £ Tangible fixed assets 35,878 0 Current assets 85,480 61,165 Creditors : amount falling due within one year 5,528 0 Net assets 115,830 61,165 |
Restricted Funds £ 0 0 17,438 0 17,438 0 88 88 0 0 0 Restricted £ 0 17,526 0 17,526 |
31/12/20 Total £ 84 18,841 72,525 51,181 142,632 0 21,539 21,539 2,720 2,808 5,528 Property £ 756,587 0 0 756,587 |
31/12/19 Total £ 22 15,703 111,744 51,080 178,549 1,903 5,518 7,421 1,005 5,998 7,003 Total £ 792,465 164,171 5,528 951,108 |
|---|---|---|---|---|
| Current year Fund balances at 31/12/20 are represented by : Tangible fixed assets Current assets Creditors : amount falling due within one year Net assets |
Unrestricted £ 35,878 85,480 5,528 115,830 |
ST BARNABAS PAROCHIAL CHURCH COUNCIL
Page 18
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/20 (CONT.)
10. ANALYSIS OF NET ASSETS BETWEEN FUNDS (CONT.)
| Previous year Tangible fixed assets Current assets Creditors : amount falling due within one year Net assets |
Unrestricted Designated |
Unrestricted Designated |
Restricted £ 0 26,240 215 26,025 |
Property £ 756,587 0 0 756,587 |
Total £ 794,733 185,970 7,003 973,700 |
|---|---|---|---|---|---|
| £ 38,146 98,229 6,788 129,587 |
£ 0 61,501 0 61,501 |
11. FUNDS RECEIVED AS AGENT
| Balance Held | Balance Held | |||||||
|---|---|---|---|---|---|---|---|---|
| Amount Received | Amount Paid Out | at | Period End | |||||
| Description | Related | This Year Last Year |
This Year **Last Year ** |
This Year Last Year |
||||
| Wedding/funeral fees | Party? | £ £ |
£ £ |
£ | £ | |||
| to York Diocese | N | 2,703 2,174 |
2,703 2,174 |
0 | 0 | |||
| Wedding/funeral fees | ||||||||
| for verger/organist | N | 496 | 750 | 496 750 |
0 | 0 | ||
| Funeral donations | ||||||||
| for specified charity | N | 83 | 843 | 83 843 |
0 | 0 | ||
| Gift received to pass on | ||||||||
| to specified charity | N | 3,520 1,000 |
3,520 1,000 |
0 | 0 | |||
| YDBF money to cover | ||||||||
| Student Worker pay | N | 8,268 2,667 |
8,268 2,667 |
0 | 0 | |||
| Total | 15,070 7,434 |
15,070 7,434 |
0 | 0 | ||||
| 12. STAFF COSTS AND NUMBERS | 31/12/20 31/12/19 |
|||||||
| Gross Wages and Salaries | £ £ 26,569 13,669 |
|||||||
| Employer NI Contributions | 513 0 |
|||||||
| Employer NI Relief | -513 0 |
|||||||
| Employer pension contributions | 22 0 |
|||||||
| Employer life cover | 25 0 |
|||||||
| 26,616 13,669 |
Employees were engaged in each of the following activities:
| Administrator Hall cleaning Worship Leader Media Worker Student Worker |
31/12/20 TOTAL 1 1 1 1 1 5 |
31/12/19 TOTAL 1 1 1 3 |
|
|---|---|---|---|
No employees received emoluments in excess of £60,000. Staff are paid through the PAYE system. There were no payments made to key management personnel for their services.
ST BARNABAS PAROCHIAL CHURCH COUNCIL
Page 19
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/20 (CONT.)
13. TRUSTEES AND OTHER RELATED PARTIES
| No. of Trustees who were paid expenses Total amount paid £ |
31/12/20 2 1,100 |
31/12/19 3 1,782 |
|
|---|---|---|---|
Revd Dr David Goodhew and Revd Lindsey Goodhew received expenses.
The York Diocese is the administrative unit to which St Barnabas belongs. The PCC agreed to make a freewill offer to the York Diocesan Board of Finance of £10,200/month. Dr N Burgess, one of the St Barnabas trustees, is also trustee of the YDBF. As part of the Church of England parish system, York Diocese provides members of staff and other support for the parishes.
A Bolton is trustee of Big Kids; The PCC have a Service Level Agreement at £600/month in place with Big Kids, under which they organize events for children and families. The PCC also made a £700 donation to Big Kids.
Revd L Goodhew is trustee of Together Middlesbrough and Cleveland; they provided grants totalling £2722 to enable the church to run Feast of Fun, an initiative to relieve holiday hunger, where food and activities are distributed to families, particularly vulnerable families. At the end of the year £1193 remained unspent, and this will be returned to TMC. The PCC made a donation of £800 to TMC for core funding.
A donation of £2000 was received from the Lyndhurst Trust, of whom Revd L Goodhew is a trustee. This was specified to be for work with asylum seekers and students.
14. RISK ASSESSMENT
The major risks to which the PCC is exposed have been reviewed and systems established to manage those risks. Risks are managed by the PCC and its sub committees, drawing on the expertise of other church members in such areas as building maintenance, health and safety and legal matters. The PCC has a policy on child protection, requiring all those involved in work with children to have DBS checks. Advice and further specialist expertise can be obtained from the diocese as required.
15. RESERVES POLICY
The reserves policy agreed in Dec. 2015 that at least 10 weeks' expenditure is needed for cash flow and contingency purposes remains unchanged. This is based on the church's size, the level of financial commitments, and the volatility in income and expenditure experienced in recent years. The trustees will endeavour not to set aside funds unnecessarily.
16. PUBLIC BENEFIT
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
ST BARNABAS PAROCHIAL CHURCH COUNCIL
Page 20
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/20 (CONT.)
17. PENSION SCHEME
St Barnabas church participates in the Pension Builder Scheme section of Church Workers Pension Fund for lay staff. The Scheme is administered by the Church of England Pensions Board, which holds the assets of the schemes separately from those of the Employer and the other participating employers.
The Church Workers Pension Fund has a section known as the Defined Benefits Scheme, a deferred annuity section known as Pension Builder Classic and a cash balance section known as Pension Builder 2014.
The Pension Builder Scheme of the Church Workers Pension Fund is made up of two sections, Pension Builder Classic and Pension Builder 2014, both of which are classed as defined benefit schemes.
Pension Builder Classic provides a pension for members for payment from retirement, accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from time to time. Bonuses may also be declared, depending upon the investment returns and other factors.
Pension Builder 2014 is a cash balance scheme that provides a lump sum that members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. This account may have bonuses added by the Board before retirement. The bonuses depend on investment experience and other factors. There is no requirement for the Board to grant any bonuses. The account, plus any bonuses declared, is payable from members’ Normal Pension Age.
There is no sub-division of assets between employers in each section of the Pension Builder Scheme.
The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and means that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the SoFA in the year are the contributions payable (2020: £21.51)
A valuation of the Pension Builder Scheme is carried out once every three years. The most recent was carried out as at 31 December 2016. A valuation as at 31 December 2019 was under way as at 31 December 2020.
For the Pension Builder Classic section, the valuation revealed a deficit of £14.2m on the ongoing assumptions used. At the most recent annual review, the Board chose not to grant a discretionary bonus, which will have acted to improve the funding position. There is no requirement for deficit payments at the current time.
For the Pension Builder 2014 section, the valuation revealed a surplus of £1.8m on the ongoing assumptions used. There is no requirement for deficit payments at the current time.
The legal structure of the scheme is such that if another employer fails, St Barnabas Church could become responsible for paying a share of that employer’s pension liabilities.