## **St Peter's Church, Monkseaton**
## **Annual Report**
## **and**
## **Financial Statements**
## **of the**
## **Parochial Church Council**
## **for the year ended 31 December 2020**
## **Incumbent:**
Vacant
The Vicarage
6 Elmwood Road
Monkseaton
## **Bank:**
Lloyds Bank plc
257 Whitley Road
Whitley Bay
## **Independent examiner:**
Mr David Morrison A C A
11 Beverley Road
Whitley Bay
# **Registered Charity Number 1131294 St Peter's Church, Monkseaton**
## **Annual Report**
**for the year ended 31 December 2020**
## **Contents**
Annual report and review
Independent Examiner's Report
Statement of Financial Activities
Notes to the Financial Statements
Page
Ito2
4&5
6t09
## **St Peter's Church - Annual Report for 2020 (Continued)**
## **Safeguarding**
As a church we are committed to caring for one another safely, being aware of the different levels of vulnerability that p each of us at risk at different times in our lives. Our Safeguarding Policy commits us all, as members of the church community: to prevent all forms of abuse; to promote the safe practice of those in positons of trust; to recruit safely; to seek the inclusion and empowerment of people who may be at risk; and to support, resource and provide training for al those working with children, young people and adults who are at risk. Our Safeguarding Policy is reviewed annually by the PCC and is re-affirmed at our Annual Parochial Church Meeting. The Church appoints a Parish Safeguarding Officer (who in this case acts as our DBS Administrator) and a Children and Vulnerable Adults Advocate annually (Elisabeth Mitchell and Barbara Packer,respectively)
## **Church attendance**
There were 194 parishioners on the Church Electoral Roll in 2020 (194 in 2019), 64 (64 in 2019) of whom are not reside within the parish. Attendance has been materially affected during the year due to the coronovirus pandemic, the church either being closed or with restricted numbers. Therefore comparison with previous years is not appropriate.
There were 3 marriages in Church (1 in 2019) and 12 funerals took place (26 in 2019) of which 3 were held in Church (1 in 2019).
## **Review of the year**
Seeking to be a community 'Gathering in Love, Growing in Faith' and 'Giving Hope to All', celebrating and being guided our core values of 'Faith', 'Hope' and 'Community' 2020 has encompassed so much! Progress continues towards meetin our Mission Action Plan priorities.
We wish Ruth Stradling well as she progresses her Christian journey.
A big thank you to Bishops John Packer and Mark Bryant for enabling services to continue live and by zoom. This has been made possible due to the technical skill provided by Daniel Doran. Grateful thanks.
We are grateful to Pamela Hood for creating the "hub" to enable parishioners to keep in touch with one another and to b informed of local issues during the lockdown.
Marjorie Wilcox has continued her efforts to fundraise and through the above hub has generated funds in the region of £2,500 during the various lockdowns.
Thank you to Janice Clarkson for maintaining the administration reqirements during the year.
The responsibility for our financial wellbeing as a church falls upon the PCC and later in these reports you will find detai of our financial statements for the last financial year.
Planned Giving continues to be the main source of income for the day to day needs of the parish and it was pleasing to see so many parishioners switch from envelope giving to direct bank payments.
Membership of the Planned Giving Scheme fell to 112 in 2020 (127 in 2019). Pledged giving reduced to £60,409, (2019 - £62,932). 85 members (99 in 2018) had been able to Gift-Aid £53,552 of donations (£55,747 in 2019) which has enabled the Church to claim from the Inland Revenue £13,388 (£13,937 in 2019).
Further claims have been made to the Inland Revenue under the Small Donations Scheme. £415 was receivable over the course of 2020 (£2,017 in 2019). This reduction was mainly due to there being very little collection plate income.
The total income amounted to £100,897 (2019 - £126,305) with expenditure totalling £100,590 (2019 - £129,800). This reduction in income was largely due to lack of events income, e.g. Autumn Fayre and loss of hall lettings income. As a consequence it was necessary to reduce our Parish Share payments for the first time in living memory.
On behalf of the PCC
Mrs Helen Clark
17th February 2021
**2**
## **Independent examiner's report to the PCC of St Peter's, Monkseaton**
This report on the financial statements of the PCC for the year ended 31 December 2020, which are set out on pages 4 to 10, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (the Regulations) and the Charities Act 2011 (the Charities Act)
## **Respective responsibilities of the PCC and the examiner**
As members of the PCC you are responsible for the preparation of the accounts; You 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 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 Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act 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.
(signed)
Mr David Morrison A C A 11 Beverley Road Whitley Bay
**Date** 19th April 2021
**3**
## **Parochial Church Council of St Peter's, Monkseaton Balance Sheet at 31 December 2020**
|Note
FIXED ASSETS
Tangible fxed assets
4
CURRENT ASSETS
Stock
5
Debtors
6
Short term deposits
Cash at bank and in hand
LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
7
NET CURRENT ASSETS
LIABILITIES: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR
FUNDS
Unrestricted
8
Restricted
8|2020
£
92,484
105
5,224
0
58,808
64,137
(3,791)
60,346
0
152,830
144,654
8,176
152,830|2019
£
93,608
105
8,014
0
52,275|
|---|---|---|
|||60,394|
|||(1,479)
58,915
0|
|||152,523|
|||148,141
4,382|
|||152,523|
Approved by the Parochial Church Council on 23rd February 2021 and signed on its behalf by:
Mrs H M Clark
Ms H McDermott
**The notes on pages 7 to 9 form part of these accounts**
**5**
## **Parochial Church Council of St Peter's, Monkseaton Notes to the Financial Statements**
**For the year ended 31 December 2020**
|**4**
**FIXED ASSETS FOR USE BY THE PCC**
**Tangible fxed assets**
COST
At 1 January 2020
Additions
At 31 December 2020
DEPRECIATION
At 1 January 2020
Charge for the year
At 31 December 2020
NET BOOK VALUE
At 31 December 2020
At 1 January 2020
**5**
**STOCK**
Bookstall stock at cost
**6**
**DEBTORS**
Income tax recoverable
Prepayments
Other debtors
**7**
**LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Creditors and accruals
**8**
**SUMMARY OF FUNDS HELD**
Unrestricted
Funds
£
General fund
28,833
Flower fund
Legacies and gifts fund
13,674
Crosskeys Community Hall fund
100,024
200 club
2,123
Crosskeys Project fund
144,654|**4**
**FIXED ASSETS FOR USE BY THE PCC**
**Tangible fxed assets**
COST
At 1 January 2020
Additions
At 31 December 2020
DEPRECIATION
At 1 January 2020
Charge for the year
At 31 December 2020
NET BOOK VALUE
At 31 December 2020
At 1 January 2020
**5**
**STOCK**
Bookstall stock at cost
**6**
**DEBTORS**
Income tax recoverable
Prepayments
Other debtors
**7**
**LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Creditors and accruals
**8**
**SUMMARY OF FUNDS HELD**
Unrestricted
Funds
£
General fund
28,833
Flower fund
Legacies and gifts fund
13,674
Crosskeys Community Hall fund
100,024
200 club
2,123
Crosskeys Project fund
144,654|Freehold land
Plant &
and buildings
equipment
£
£
125,601
41,788
1,650|Freehold land
Plant &
and buildings
equipment
£
£
125,601
41,788
1,650|
|---|---|---|---|
|||125,601|
43,438|
|||32,903
2,518|
40,878
256|
|||35,421|
41,134|
|||90,180|
2,304|
|||92,698|
910|
|||Restricted
Funds
£
637
3,750
3,789|2020
105|
||||912
3,675
637|
||||5,224|
||||3,791|
||||3,791|
||||Total funds
2020
£
28,833
637
17,424
100,024
2,123
3,789|
||144,654|
8,176|
152,830|
**9** A legacy of £3,750 was received during the year.(2019 - £nil)
**10** It is the PCC's current policy to retain all reserves with a view to meeting the continued costs of
proposed restructuring within the Church and the Crosskeys Community Hall.
Total £
167,389 1,650 169,039
73,781 73,781
92,484 93,608
2019 105
3,066 4,298 650 8,014
1,479 1,479
2019 £ 28,644 593 13,674 104,228 1,595 3,789 152,523
the further