REGISTERED CHARITY NUMBER : 1131268
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
## **ANNUAL REPORT AND FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED**
**31ST DECEMBER 2019**
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
**31ST DECEMBER 2019**
**........................................**
**Chairman :**
**Revd R. Holden**
**Secretary :**
**Mrs G. Drury**
**Independent Examiners:**
**Mr P McCooey FCA Chartered Accountant Duncan & Toplis Limited 27-29 Lumley Avenue, Skegness, Lincolnshire. PE25 2AT**
## **Skegness & Winthorpe Parochial Church Council Annual Report for the Year 2019**
## Overview
The Skegness and Winthorpe Parochial Church Council (PCC) acts as Trustees for four buildings; St. Matthews Church
(Grade 2 listed), St. Marys Church (Grade 1 listed) and St. Clements Church (Grade 1 listed) and St. Clements Community Hall. In all four building both community and religious activities are promoted.
We have one paid member of staff, being the Parish Secretary who provides administrative support. There is also a paid Caretaker who looks after the Community hall on a casual basis. The annual accounts show the receipts and payments of the Parish. The PCC is part of the Skegness Group of Churches incumbency that also includes Addlethorpe Parish and Ingoldmells Parish.
The Parish is within the Calcewaite & Candlesho Deanery within the Diocese of Lincoln.
## Ministry Team
The Ministry Team in 2019 consisted of a Rector, an Assistant Priest, a Permanent Deacon, two Lay Readers and Authorised Lay Ministers.
## Community Activities in Skegness
St. Matthews Church is in the centre of Skegness and operates as a church and also a community hub.
## Children's and Families Chaplaincy
Christian assemblies were delivered to the six local primary schools. Children visit from some local schools. The toddlers group meet weekly during term time. Children's activities take place twice a month during the main service at St Matthews Messy Church meets monthly.
## Adults
The Omega Group, the Mothers Union and the New Horizons Bereavement Support Group meet monthly. Memorial services are held quarterly.
## Workplace Chaplaincy
Some employers welcome regular visits by Ministers.
## Shoreline Magazine and the Pew Sheet
Shoreline is widely distributed monthly free of charge, partly funded by regular advertisers. The free weekly pew sheet provided valued up to date news as well as the Sunday readings.
## St Matthews Church, Skegness
Opens every weekday and Sunday mornings. There is a regular service every Sunday morning and Holy communion on Thursday mornings. Alpha is provided for families preparing for Baptism. There are the usual Civic, Remembrance and similar services. There is a weekly pop-in coffee morning on Fridays.
## St. Clements Church and Community Hall, Skegness
There is a regular service every Sunday morning and Holy Communion on Tuesday mornings. The hall is in regular use by the local community.
## St Marys Church, Winthorpe
Upkeep of the Chancel is the responsibility of the church commissioners. There is a regular service on two Sunday mornings a month.
1
## Summary
There is considerable time and effort put into a variety of links that the church has with the community it serves. We seek to build on these links and to bring the presence of Christ to the people of Skegness.
Approved by the members on ……………………………... and signed on their behalf by
Revd R Holden
2
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
## **Independent Examiner's Report to the Members of Skegness and Winthorpe Parochial Church Council**
We report on the financial statements of the Parochial Church Council of Skegness and Winthorpe for the year ended 31st December 2019, which are set out on pages 4 to 10.
## **Respective duties of PCC members and examiner**
As the members of the PCC you are responsible for the preparation of the accounts. The members of the PCC consider that the audit requirement of section 144 of the Charities Act 2011 (“the Charities Act”) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 145 (5)(b) of the Act, whether particular matters have come to our attention.
## **Basis of independent examiner's report**
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 you as PCC members concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
## **Independent examiner's statement**
In connection with our examination, no matter has come to our attention:
- 1
- which gives us 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 accounting requirements of the Act have not been met; or
- to which, in our opinion, attention should be drawn in order to enable a proper understanding of the
- 2 accounts to be reached.
Mr P McCooey FCA Chartered Accountant Duncan & Toplis Limited 27 - 29 Lumley Avenue Skegness Lincolnshire PE25 2AT
3
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2019**
## **1. ACCOUNTING POLICIES**
## **Basis of accounting**
The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with Church Accounting Regulations 2006 governing the individual accounts of PCCs, and within the Regulations “true and fair view” provisions, it is also the first year that they have been prepared under FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP(FRS102)).
## **Incoming resources**
All incoming resources are included in the Income and Expenditure account when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Voluntary income received by way of donations and gifts is included in the Income and Expenditure accounts when received. Gross fundraising income from events organised by the charity itself is included in the Income and Expenditure accounts when received.
## **Resources expended and basis of allocation of expenditure**
Expenditure is included on an accrual basis. Resources expended include attributable VAT, which cannot be recovered. Resources expended are allocated to the particular activity where the costs relate directly to that activity.
## **Taxation**
No provision for taxation is included in the financial statements as the charity is considered to be entitled to the exemption from tax afforded by Section 505 of the Income and Corporation Taxes Act 1988.
## **Fund accounting**
Funds held by the charity are either:
Unrestricted general funds – these are funds, which can be used in accordance with the charitable objects at the discretion of the trustees.
Designated funds – these are funds set aside by the trustees out of unrestricted general funds for specific future purposes or projects.
Restricted funds – these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## **2. TRUSTEES’ REMUNERATION AND EXPENSES AND EMPLOYEES**
No remuneration was paid directly or indirectly out of the funds of the charity to any other trustee or to any person or persons known to be connected with any of them.
## **3. CONTROLLING PARTY**
The charity is controlled by the trustees.
4
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31ST DECEMBER 2019**
|**Note**
**INCOME**
Planned giving
Tax refunded
Donations and collections
Legacies
Fees
Investment income
Project - Children
Project - St Matthews
Project - Workplace
Project - St Clement's
St Mary's Income
Newsletter sponsorship
St. Clement's Hall hire
Miscellaneous
Fund raising
Mother & toddlers
Martha's
Shoreline Income
St Matthews Room Hire
Insurance claim and Vat refund
Interest received
Sale of electricity
Electricity gas and water overcollection
ACTS435 donations received
**TOTAL INCOME**
**DEDUCT EXPENDITURE**
Ministry
4
Churches and Church hall running costs
5
Services
6
Church Hall running costs
7
Fees and Expenses
8
Other expenditure
9
**(DEFICIT) / EXCESS OF INCOME OVER EXPENDITURE**|**2019**
**£**
12,946
-
10,422
10,500
22,630
-
-
-
-
1,292
-
65
12,206
2,502
4,006
-
696
1,318
-
7,018
276
1,877
16,224
480
**104,458**
17,575
75,224
5,081
-
2,284
27,041
**127,205**
**(22,747)**|**2018**
**£**
16,064
-
10,437
92,752
28,286
204
90
-
2,500
271
-
70
12,175
814
3,092
-
2,047
3,843
-
14,653
-
-
-
2,110
**189,408**
16,347
84,714
3,400
-
8,091
31,660
**144,212**
**45,196**|
|---|---|---|
5
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31ST DECEMBER 2019**
|**Note**
**INCOME**
Planned giving
Tax refunded
Donations and collections
Legacies
Fees
Fees - Funerals
Investment income
Project - Children
Project - St Matthews
Project - Workplace
Project - St Clement's
St Mary's Income
Shoreline Income
Newsletter sponsorship
St. Clement's Hall hire
St. Matthews Hall Hire
Miscellaneous
Fund raising
Mother & toddlers
Martha's
Insurance claim and VAT refund
Interest received
Sale of electricity
Electricity gas and water overcollection
ACTS435 donations received
**TOTAL INCOME**
**DEDUCT EXPENDITURE**
Ministry
4
Churches running costs
5
Services
6
Church Hall running costs
7
Fees and expenses
8
Other expenditure
9
**EXCESS / (DEFICIT) OF INCOME OVER EXPENDITURE**|**Unrestricted**
**Funds**
**£**
12,946
-
10,412
10,500
22,630
-
-
-
-
-
-
-
1,318
65
12,206
-
2,502
3,684
-
-
7,018
276
1,877
16,224
480
**102,138**
17,575
57,932
5,081
-
2,284
26,091
**108,963**
**(6,825)**|**Restricted**
**Funds**
**Movement**
**£**
-
-
10
-
-
-
-
-
-
-
292
-
-
-
-
-
-
322
-
696
-
-
-
-
-
**1,320**
-
4,256
-
-
-
950
**5,206**
**(3,886)**|**Designated**
**Funds**
**Movement**
-
-
-
-
-
-
-
-
-
-
1,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**1,000**
-
13,036
-
-
-
-
**13,036**
**(12,036)**|**2019**
**£**
12,946
-
10,422
10,500
22,630
-
-
-
-
-
1,292
-
1,318
65
12,206
-
2,502
4,006
-
696
7,018
276
1,877
16,224
480
**104,458**
17,575
75,224
5,081
-
2,284
27,041
**127,205**
**(22,747)**|**2018**
**£**
16,064
-
10,437
92,752
28,286
204
90
-
2,500
271
-
3,843
70
12,175
-
814
3,092
-
2,047
14,653
-
-
-
2,110
**189,408**
16,347
78,293
3,400
6,421
8,091
31,660
**144,212**
**45,196**|
|---|---|---|---|---|---|
6
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
## **BALANCE SHEET**
## **AS AT 31ST DECEMBER 2019**
|**Note**
**Current Assets**
Bank balance
Repairs deposit account
CBF Church of England deposit fund
Cash in hand
HSBC account
**Current Liabilities**
Creditors
**NET ASSETS**
**GENERAL FUND**
10
Balance at 1st January 2019
(Deficit) / excess of income over expenditure
**Balance at 31st December 2019**|**Designated**
**Undesignated **
**£**
**£**
6,601
33,647
(12,036)
(6,825)
**(5,435)**
**26,822**
**Unrestricted Funds**|**2019**
**£**
7,003
282
78,860
100
112
86,357
-
**Restricted**
**Funds**
**£**
68,856
(3,886)
**64,970**|**2019**
**£**
86,357
**86,357**
**Total**
**£**
109,104
(22,747)
**86,357**|**2018**
**£**
4,283
282
18,860
100
97,339
120,864
11,760|**2018**
**£**
109,104
**109,104**
**Total**
**£**
63,909
45,195
**109,104**|
|---|---|---|---|---|---|
Approved by the members on and signed on their behalf by
Revd R Holden
7
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **31ST DECEMBER 2019**
## **4. MINISTRY**
|Parish share
Clergy allowances
Bereavement chaplaincy
Workplace chaplaincy
Children and families chaplaincy
**5. CHURCHES RUNNING COSTS**
**Unrestricted**
**Restricted**
**Designated**
**£**
**£**
**£**
Water rates
5,843
-
-
Heating and lighting
12,037
-
-
Insurance
9,567
-
-
Repairs and maintenance
30,485
4,256
13,036
Project - church renovation
-
-
-
Architects fees
-
-
-
Cleaning
-
-
-
Churchyard upkeep
-
-
-
**57,932**
**4,256**
**13,036**
**6. SERVICES**
**Unrestricted**
**Restricted**
**£**
**£**
Altar expenses
1,243
-
Organists honoraria
3,838
-
**5,081**
**-**|**2019**
**£**
15,472
2,103
-
-
-
**17,575**
**Total**
**2019**
**£**
5,843
12,037
9,567
47,777
-
-
-
-
**75,224**
**2019**
**£**
1,243
3,838
**5,081**|**2018**
**£**
12,247
2,860
-
1,148
92
**16,347**
**2018**
**£**
633
16,525
8,313
39,224
6,729
395
821
5,653
**78,293**
**2018**
**£**
1,050
2,350
**3,400**|
|---|---|---|
8
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **31ST DECEMBER 2019**
## **7. CHURCH HALL RUNNING COSTS**
|Heating and lighting
Insurance
Cleaners wages
Repairs and maintenance
Caretaker|**2019**
**£**
-
-
-
-
-
**-**|**2018**
**£**
1,278
1,292
16
394
3,441
**6,421**|
|---|---|---|
## **8. FEES AND EXPENSES**
|Fees paid to Lincoln Diocese
Expenses paid for funerals and weddings
**9. OTHER EXPENDITURE**
**Unrestricted**
**Restricted**
£
£
Bank Charges
157
-
Accountancy
420
-
Office expenses
19,305
-
Fellowship of Churches
35
-
Lay official
-
-
Fundraising costs
694
171
Martha expenses
-
779
Mother and Toddlers
-
-
Shoreline Costs
5,209
-
ACTS435 beneficiaries
271
-
**26,091**
**950**|**2019**
**£**
1,449
835
**2,284**
**2019**
**£**
157
420
19,305
35
-
865
779
-
5,209
271
**27,041**|**2018**
**£**
3,906
4,185
**8,091**
**2018**
**£**
-
-
20,644
-
-
85
818
-
8,001
2,110
**31,658**|
|---|---|---|
9
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **31ST DECEMBER 2019**
## **10. GENERAL FUND**
|**Unresticted Funds: Designated**
St. Clement's Church (Capital)
St. Mary's Church (Revenue)
**Unresticted Funds: Undesignated**
Opening surplus on Income and Expenditure
Surplus / (Deficit) for the year
Closing surplus on Income and Expenditure
**Restricted Funds**
St. Clement's Project
St. Matthew's Project
St. Mary's Project
Workplace Chaplaincy
Toddlers
Martha's
Skeg.Co
**TOTAL**|**At**
**At**
**01.01.19**
**Movement in**
**31.12.19**
**B/F**
**Year**
**C/F**
**£**
**£**
**£**
5,059
(6,126)
(1,067)
1,542
-
1,542
**6,601**
**(6,126)**
**475**
33,647
-
33,647
-
(6,825)
(6,825)
**33,647**
**(6,825)**
**26,822**
9,874
(9,874)
-
24,172
10
24,182
24,154
-
24,154
7,254
-
7,254
677
151
828
2,115
(83)
2,032
610
-
610
**68,856**
**(9,796)**
**59,060**
**109,104**
**(22,747)**
**86,357**|
|---|---|
10
REGISTERED CHARITY NUMBER : 1131268
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
## **ANNUAL REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED**
**31ST DECEMBER 2020**
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
**31ST DECEMBER 2020**
**........................................ Chairman :**
**Revd R. Holden**
**Secretary :**
**Mrs G. Drury**
**Independent Examiners:**
**Mr P McCooey FCA Chartered Accountant Duncan & Toplis Limited 27-29 Lumley Avenue, Skegness, Lincolnshire. PE25 2AT**
## **Skegness & Winthorpe Parochial Church Council Annual Report for the Year 2020**
## Overview
The Skegness and Winthorpe Parochial Church Council (PCC) acts as Trustees for four buildings; St. Matthews Church
(Grade 2 listed), St. Marys Church (Grade 1 listed) and St. Clements Church (Grade 1 listed) and St. Clements Community Hall. In all four building both community and religious activities are promoted.
We have one paid member of staff, being the Parish Secretary who provides administrative support. There is also a paid Caretaker who looks after the Community hall on a casual basis. The annual accounts show the receipts and payments of the Parish. The PCC is part of the Skegness Group of Churches incumbency that also includes Addlethorpe Parish and Ingoldmells Parish.
The Parish is within the Calcewaite & Candlesho Deanery within the Diocese of Lincoln.
## Ministry Team
The Ministry Team in 2020 consisted of a Rector, an Assistant Priest, a Permanent Deacon, two Lay Readers and Authorised Lay Ministers.
## Community Activities in Skegness
St. Matthews Church is in the centre of Skegness and operates as a church and also a community hub.
## Children's and Families Chaplaincy
Christian assemblies were delivered to the six local primary schools. Children visit from some local schools. The toddlers group meet weekly during term time. Children's activities take place twice a month during the main service at St Matthews Messy Church meets monthly.
## Adults
The Omega Group, the Mothers Union and the New Horizons Bereavement Support Group meet monthly. Memorial services are held quarterly.
## Workplace Chaplaincy
Some employers welcome regular visits by Ministers.
## Shoreline Magazine and the Pew Sheet
Shoreline is widely distributed monthly free of charge, partly funded by regular advertisers. The free weekly pew sheet provided valued up to date news as well as the Sunday readings.
## St Matthews Church, Skegness
Opens every weekday and Sunday mornings. There is a regular service every Sunday morning and Holy communion on Thursday mornings. Alpha is provided for families preparing for Baptism. There are the usual Civic, Remembrance and similar services. There is a weekly pop-in coffee morning on Fridays.
## St. Clements Church and Community Hall, Skegness
There is a regular service every Sunday morning and Holy Communion on Tuesday mornings. The hall is in regular use by the local community.
## St Marys Church, Winthorpe
Upkeep of the Chancel is the responsibility of the church commissioners. There is a regular service on two Sunday mornings a month.
1
## Summary
There is considerable time and effort put into a variety of links that the church has with the community it serves. We seek to build on these links and to bring the presence of Christ to the people of Skegness.
Approved by the members on ……………………………... and signed on their behalf by
Revd R Holden
2
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
## **Independent Examiner's Report to the Members of Skegness and Winthorpe Parochial Church Council**
We report on the financial statements of the Parochial Church Council of Skegness and Winthorpe for the year ended 31st December 2020, which are set out on pages 4 to 10.
## **Respective duties of PCC members and examiner**
As the members of the PCC you are responsible for the preparation of the accounts. The members of the PCC consider that the audit requirement of section 144 of the Charities Act 2011 (“the Charities Act”) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 145 (5)(b) of the Act, whether particular matters have come to our attention.
## **Basis of independent examiner's report**
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 you as PCC members concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
## **Independent examiner's statement**
In connection with our examination, no matter has come to our attention:
- 1
which gives us 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 accounting requirements of the Act have not been met; or
to which, in our opinion, attention should be drawn in order to enable a proper understanding of the 2 accounts to be reached.
Mr P McCooey FCA Chartered Accountant Duncan & Toplis Limited 27 - 29 Lumley Avenue Skegness Lincolnshire PE25 2AT
3
**SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2020**
## **1. ACCOUNTING POLICIES**
## **Basis of accounting**
The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with Church Accounting Regulations 2006 governing the individual accounts of PCCs, and within the Regulations “true and fair view” provisions, it is also the first year that they have been prepared under FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP(FRS102)).
## **Incoming resources**
All incoming resources are included in the Income and Expenditure account when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Voluntary income received by way of donations and gifts is included in the Income and Expenditure accounts when received. Gross fundraising income from events organised by the charity itself is included in the Income and Expenditure accounts when received.
## **Resources expended and basis of allocation of expenditure**
Expenditure is included on an accrual basis. Resources expended include attributable VAT, which cannot be recovered. Resources expended are allocated to the particular activity where the costs relate directly to that activity.
## **Taxation**
No provision for taxation is included in the financial statements as the charity is considered to be entitled to the exemption from tax afforded by Section 505 of the Income and Corporation Taxes Act 1988.
## **Fund accounting**
Funds held by the charity are either:
Unrestricted general funds – these are funds, which can be used in accordance with the charitable objects at the discretion of the trustees.
Designated funds – these are funds set aside by the trustees out of unrestricted general funds for specific future purposes or projects.
Restricted funds – these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## **2. TRUSTEES’ REMUNERATION AND EXPENSES AND EMPLOYEES**
No remuneration was paid directly or indirectly out of the funds of the charity to any other trustee or to any person or persons known to be connected with any of them.
## **3. CONTROLLING PARTY**
The charity is controlled by the trustees.
4
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31ST DECEMBER 2020**
|**Note**
**INCOME**
Planned giving
Tax refunded
Donations and collections
Legacies
Fees
Investment income
Project - Children
Project - St Matthews
Project - Workplace
Project - St Clement's
St Mary's Income
Newsletter sponsorship
St. Clement's Hall hire
Miscellaneous
Fund raising
Mother & toddlers
Martha's
Shoreline Income
St Matthews Room Hire
Insurance claim and Vat refund
Interest received
Sale of electricity
Electricity gas and water overcollection
ELDC Grant
Gift Aid income tax refunds
ACTS435 donations received
**TOTAL INCOME**
**DEDUCT EXPENDITURE**
Ministry
4
Churches and Church hall running costs
5
Services
6
Church Hall running costs
7
Fees and Expenses
8
Other expenditure
9
**(DEFICIT) / EXCESS OF INCOME OVER EXPENDITURE**|**2020**
**£**
12,269
-
2,557
100
33,684
-
-
-
-
-
-
-
3,518
1,847
642
-
425
2,195
-
10,477
403
3,109
-
590
5,700
-
**77,516**
782
41,869
2,401
-
2,045
20,066
**67,163**
**10,353**|**2019**
**£**
12,946
-
10,422
10,500
22,630
-
-
-
-
1,292
-
65
12,206
2,502
4,006
-
696
1,318
-
7,018
276
1,877
16,224
-
-
480
**104,458**
17,575
75,224
5,081
-
2,284
27,041
**127,205**
**(22,747)**|
|---|---|---|
5
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31ST DECEMBER 2020**
|**Note**
**INCOME**
Planned giving
Tax refunded
Donations and collections
Legacies
Fees
Fees - Funerals
Investment income
Project - Children
Project - St Matthews
Project - Workplace
Project - St Clement's
St Mary's Income
Shoreline Income
Newsletter sponsorship
St. Clement's Hall hire
St. Matthews Hall Hire
Miscellaneous
Fund raising
Mother & toddlers
Martha's
Insurance claim and VAT refund
Interest received
Sale of electricity
Electricity gas and water overcollection
ELDC Grant
Gift Aid income tax refunds
ACTS435 donations received
**TOTAL INCOME**
**DEDUCT EXPENDITURE**
Ministry
4
Churches running costs
5
Services
6
Church Hall running costs
7
Fees and expenses
8
Other expenditure
9
**EXCESS / (DEFICIT) OF INCOME OVER EXPENDITURE**|**Unrestricted**
**Funds**
**£**
12,269
-
2,557
100
33,684
-
-
-
-
-
-
-
2,195
-
3,518
-
1,847
642
-
-
10,477
403
3,109
-
590
5,700
**77,091**
782
41,869
2,401
-
2,045
20,066
**67,163**
**9,928**|**Restricted**
**Funds**
**Movement**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
425
-
-
-
-
-
-
-
**425**
-
-
-
-
-
-
**-**
**425**|**Designated**
**Funds**
**Movement**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**-**
-
-
-
-
-
-
**-**
**-**|**2020**
**£**
12,269
-
2,557
100
33,684
-
-
-
-
-
-
-
2,195
-
3,518
-
1,847
642
-
425
10,477
403
3,109
-
590
5,700
-
**77,516**
782
41,869
2,401
-
2,045
20,066
**67,163**
**10,353**|**2019**
**£**
12,946
-
10,422
10,500
22,630
-
-
-
-
1,292
-
1,318
65
12,206
-
2,502
4,006
-
696
7,018
276
1,877
16,224
-
-
480
**104,458**
17,575
75,224
5,081
-
2,284
27,041
**127,205**
**(22,747)**|
|---|---|---|---|---|---|
6
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
## **BALANCE SHEET**
## **AS AT 31ST DECEMBER 2020**
|**Note**
**Current Assets**
Bank balance
Repairs deposit account
CBF Church of England deposit fund
Cash in hand
HSBC account
Debtors
**Current Liabilities**
Creditors
**NET ASSETS**
**GENERAL FUND**
10
Balance at 1st January 2020
(Deficit) / excess of income over expenditure
**Balance at 31st December 2020**|**Designated**
**Undesignated **
**£**
**£**
(5,435)
26,822
-
9,928
**(5,435)**
**36,750**
**Unrestricted Funds**|
|**2020**
**£**
6,081
282
55,860
435
4,987
29,565
97,210
500
**Restricted**
**Funds**
**£**
64,970
425
**65,395**|**2020**
**£**
96,710
**96,710**
**Total**
**£**
86,357
10,353
**96,710**|**2019**
**£**
7,003
282
78,860
100
112
-
86,357
-|**2019**
**£**
86,357
**86,357**
**Total**
**£**
109,104
(22,747)
**86,357**|
|---|---|---|---|---|---|---|
Approved by the members on and signed on their behalf by
Revd R Holden
7
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **31ST DECEMBER 2020**
## **4. MINISTRY**
|Parish share
Clergy allowances
Bereavement chaplaincy
Workplace chaplaincy
Children and families chaplaincy
**5. CHURCHES RUNNING COSTS**
Water rates
Heating and lighting
Insurance
Repairs and maintenance
Project - church renovation
Architects fees
Cleaning
Churchyard upkeep
**6. SERVICES**
Altar expenses
Organists honoraria|**Unrestricted**
**Restricted**
**Designated**
**£**
**£**
**£**
180
-
-
10,915
-
-
9,807
-
-
20,967
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**41,869**
**-**
**-**
**Unrestricted**
**Restricted**
**£**
**£**
736
-
1,665
-
**2,401**
**-**|**2020**
**£**
-
782
-
-
-
**782**
**Total**
**2020**
**£**
180
10,915
9,807
20,967
-
-
-
-
**41,869**
**2020**
**£**
736
1,665
**2,401**|**2019**
**£**
15,472
2,103
-
-
-
**17,575**
**2019**
**£**
5,843
12,037
9,567
47,777
-
-
-
-
**75,224**
**2019**
**£**
1,243
3,838
**5,081**|
|---|---|---|---|
8
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **31ST DECEMBER 2020**
## **7. CHURCH HALL RUNNING COSTS**
|Heating and lighting
Insurance
Cleaners wages
Repairs and maintenance
Caretaker|**2020**
**£**
-
-
-
-
-
**-**|**2019**
**£**
-
-
-
-
-
**-**|
|---|---|---|
## **8. FEES AND EXPENSES**
|Fees paid to Lincoln Diocese
Expenses paid for funerals and weddings
**9. OTHER EXPENDITURE**
**Unrestricted**
**Restricted**
£
£
Bank Charges
-
-
Accountancy
-
-
Office expenses
19,164
-
Fellowship of Churches
-
-
Lay official
-
-
Fundraising costs
77
-
Martha expenses
-
-
Mother and Toddlers
-
-
Shoreline Costs
825
-
ACTS435 beneficiaries
-
-
**20,066**
**-**|**2020**
**£**
1,905
140
**2,045**
**2020**
**£**
-
-
19,164
-
-
77
-
-
825
-
**20,066**|**2019**
**£**
1,449
835
**2,284**
**2019**
**£**
157
420
19,305
35
-
865
779
-
5,209
271
**27,041**|
|---|---|---|
9
## **SKEGNESS AND WINTHORPE PAROCHIAL CHURCH COUNCIL**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **31ST DECEMBER 2020**
## **10. GENERAL FUND**
|**Unresticted Funds: Designated**
St. Clement's Church (Capital)
St. Mary's Church (Revenue)
**Unresticted Funds: Undesignated**
Opening surplus on Income and Expenditure
Surplus / (Deficit) for the year
Closing surplus on Income and Expenditure
**Restricted Funds**
St. Clement's Project
St. Matthew's Project
St. Mary's Project
Workplace Chaplaincy
Toddlers
Martha's
Skeg.Co
**TOTAL**|**At**
**At**
**01.01.20**
**Movement in**
**31.12.20**
**B/F**
**Year**
**C/F**
**£**
**£**
**£**
(1,067)
-
(1,067)
1,542
-
1,542
**475**
**-**
**475**
26,822
-
26,822
-
9,928
9,928
**26,822**
**9,928**
**36,750**
-
-
-
24,182
-
24,182
24,154
-
24,154
7,254
-
7,254
828
-
828
2,032
425
2,457
610
-
610
**59,060**
**425**
**59,485**
**86,357**
**10,353**
**96,710**|
|---|---|
10