Parish of St John Newland, Hull
Annual Financial Report of the Parochial Church Council For the year ended 31 December 2020
Financial Review
In producing a financial review for 2020 any Church Treasurer will immediately point to the year as being like no other. With St John’s there are really three reasons that make the year one that has no comparisons:
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(a) There was the pandemic leading to disruption, building closure and income loss
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(b) The decision made to transfer most activities to the Newland Christian Trust with the mass resignation of the PCC and the transfer of most of the existing congregation
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(c) The need to produce a set of accounts that has one big ‘foot’ in the past, followed by a pause and then the emergence of St John’s Church under lots of interim arrangements interrupted by a further lockdown. No comparisons could be made therefore with any preexisting budget or previous year’s spend or income.
All of these matters mean the accounts are strange and stranger still I am Interim Treasurer!
The accounts include transactions at St Faith’s throughout the year but in recent times the preschool group is the only user, and Riverside until the ‘split’.
To assist in cash-flow an interest free loan of £5,000 was negotiated with the Diocese and this has proved invaluable.
The result at the year-end was a modest surplus on unrestricted funds and a significant reduction in the remaining restricted funds which mainly relate to repayments of deposits for a cancelled weekend activity planned by the former PCC.
2020 therefore ended with just over £2,000 in unrestricted free reserves with a modest amount of just over £1,000 in restricted reserves mainly relating to the original Twenties & Thirties Group.
Looking forward to 2021 planned giving has been encouraging and every effort is being made to only expend monies on matters that are necessary. At 31[st] December there was a significant amount of Gift Aid claims which were not dealt with by the old PCC and these amounts have been recovered in the early part of 2021 thus increasing the amount of ‘free’ reserves.
The improving situation has been such that the Diocesan loan has been repaid.
Reserves Policy
In the circumstances the policy has been to build up reserves as much as possible and it will be a matter for a new PCC to formalise its policy.
General
May I thank all those who have helped me deal with the transition.
I am particularly grateful to Nigel Mills, Church Treasurer of Victoria Dock Church for conducting the Independent Examination of a very complicated set of accounts free-of-charge!
Richard Liversedge Interim Treasurer.
| THE ECCLESIASTICAL PARISH OF ST JOHN, NEWLAND | THE ECCLESIASTICAL PARISH OF ST JOHN, NEWLAND | THE ECCLESIASTICAL PARISH OF ST JOHN, NEWLAND | ||||
|---|---|---|---|---|---|---|
| Receipts & Payments Accounts for theyear ended 31 December 2020 | ||||||
| Notes | Unrestricted Funds |
Restricted Funds |
Total 2020 |
Total 2019 |
||
| Incoming Resources | ||||||
| Planned Giving | 1(a) | £8,671.00 | £0.00 | £8,671.00 | £17,991.82 | |
| Collections | 1(b) | £4,467.21 | £0.00 | £4,467.21 | £16,946.36 | |
| Donations | 1(c) | £114,733.34 | £519.50 | £115,252.84 | £197,668.13 | |
| Tax recovered through Gift Aid | 1(d) | £0.00 | £0.00 | £0.00 | £23,895.50 | |
| Income from investments | 1(e) | £2.64 | £0.00 | £2.64 | £4.65 | |
| Fees | 1(f) | £2,284.00 | £0.00 | £2,284.00 | £3,726.00 | |
| Trading/Other Activities | 1(g) | £7,412.16 | £0.00 | £7,412.16 | £18,078.00 | |
| Other incomingresources | 1(h) | £24,112.85 | £0.00 | £24,112.85 | £16,844.96 | |
| Total Incoming Resouces | £161,683.20 | £519.50 | £162,202.70 | £295,155.42 | ||
| Resources Expended | ||||||
| Mission Giving | 2(a) | £1,090.69 | £479.31 | £1,570.00 | £30,312.00 | |
| Freewill Offering | £0.00 | £0.00 | £0.00 | £0.00 | ||
| Salaries | 2(b) | £117,657.84 | £0.00 | £117,657.84 | £188,215.43 | |
| Expenses | 2(c) | £3,325.89 | £0.00 | £3,325.89 | £2,732.98 | |
| Mission & Evangelism | 2(d) | £1,624.24 | £0.00 | £1,624.24 | £10,971.55 | |
| Church RunningExpenses | 2(e) | £24,999.49 | £6,539.89 | £31,539.38 | £43,356.92 | |
| Church Utilities | 2(f) | £6,700.20 | £0.00 | £6,700.20 | £8,465.27 | |
| Costs of Trading | 2(g) | £4,187.08 | £0.00 | £4,187.08 | £8,812.86 | |
| Governance Costs | 2(h) | £775.00 | £0.00 | £775.00 | £796.00 | |
| Total Resources Expended | £160,360.43 | £7,019.20 | £167,379.63 | £293,663.01 | ||
| Net Movement in funds | £1,322.77 | (£6,499.70) | (£5,176.93) | £1,492.41 | ||
| Balances brought forward at 1 January2020 | £689.79 | £7,539.65 | £8,229.44 | £6,737.03 | ||
| Provision no longer required | £28.81 | £28.81 | £28.81 | |||
| Balances carried forward at 31 December 2020 | £2,041.37 | £1,039.95 | £3,081.32 | £8,258.25 | ||
| Statement of Assets and Liabilities | Statement of Assets and Liabilities | Statement of Assets and Liabilities | Statement of Assets and Liabilities | Statement of Assets and Liabilities | Statement of Assets and Liabilities | Statement of Assets and Liabilities |
|---|---|---|---|---|---|---|
| Unrestricted Funds |
Restricted Funds |
Total 2020 |
Total 2019 |
|||
| Current Assets | ||||||
| Barclays a/c 1 | £4,189.97 | £1,039.95 | £5,229.92 | £415.75 | ||
| Barclays a/c 2 | £2,225.22 | £0.00 | £2,225.22 | £7,218.96 | ||
| CCLA Deposit a/c | £626.18 | £0.00 | £626.18 | £623.54 | ||
| £7,041.37 | £1,039.95 | £8,081.32 | £8,258.25 | |||
| Liabilities | ||||||
| Loan - YDBF | £5,000.00 | £5,000.00 | £0.00 | |||
| £5,000.00 | £5,000.00 | £0.00 | ||||
| TOTAL NET ASSETS | £2,041.37 | £1,039.95 | £3,081.32 | £8,258.25 | ||
| PARISH FUNDS | ||||||
| Unrestricted | £2,041.37 | £2,041.37 | £718.60 | |||
| Restricted | £1,039.95 | £1,039.95 | £7,539.65 | |||
| £2,041.37 | £1,039.95 | £3,081.32 | £8,258.25 | |||
| Approved bythe PCC on | ||||||
| E Wilson | Chairman | |||||
| R Liversedge | Treasurer |
| Notes to the Accounts | Notes to the Accounts | Notes to the Accounts | |||||
|---|---|---|---|---|---|---|---|
| Incoming Resources | |||||||
| Unrestricted Funds |
Restricted Funds |
Total 2020 |
Total 2019 |
||||
| 1(a) | Planned Giving | St Johns | £6,984.00 | £6,984.00 | £14,226.25 | ||
| Riverside | £875.00 | £875.00 | £1,862.00 | ||||
| St Faiths | £812.00 | £812.00 | £1,903.57 | ||||
| £8,671.00 | £0.00 | £8,671.00 | £17,991.82 | ||||
| 1(b) | Collections | Plate | St Johns | £3,601.27 | £3,601.27 | £13,970.17 | |
| GA Envelopes | St Johns | £140.00 | £140.00 | £165.00 | |||
| Plate | Riverside | £476.89 | £476.89 | £2,433.79 | |||
| GA Envelopes | Riverside | £135.00 | £135.00 | £20.00 | |||
| Plate | St Faiths | £114.05 | £114.05 | £357.40 | |||
| GA Envelopes | St Faiths | £0.00 | £0.00 | ||||
| £4,467.21 | £0.00 | £4,467.21 | £16,946.36 | ||||
| 1(c) | Donations | General | St Johns | £11,703.71 | £11,703.71 | £621.70 | |
| General | Riverside | £0.00 | £93.00 | ||||
| General | St Faiths | £0.00 | £0.00 | ||||
| Mission Giving | £519.50 | £519.50 | £26,453.43 | ||||
| Legacies | £29.63 | £29.63 | £500.00 | ||||
| Workers(from NCT) | £103,000.00 | £103,000.00 | £170,000.00 | ||||
| £114,733.34 | £519.50 | £115,252.84 | £197,668.13 | ||||
| 1(d) | Tax Recovered | St Johns | £19,116.42 | ||||
| Riverside | £3,584.52 | ||||||
| St Faiths | £1,194.56 | ||||||
| £0.00 | £0.00 | £0.00 | £23,895.50 | ||||
| 1(e) | Interest | Actual | £2.64 | £2.64 | £4.65 | ||
| £2.64 | £0.00 | £2.64 | £4.65 | ||||
| 1(f) | Fees | £2,284.00 | £2,284.00 | £3,726.00 | |||
| £2,284.00 | £0.00 | £2,284.00 | £3,726.00 | ||||
| 1(g) | Trading | Church Hall | St Johns | £304.00 | £304.00 | £1,364.76 | |
| MeetingRoom | St Faiths | £2,575.00 | £2,575.00 | £4,335.00 | |||
| Coffees | £0.00 | £19.15 | |||||
| Youth Groups | St Johns | £211.96 | £211.96 | £774.67 | |||
| ABC | Riverside | £178.70 | £178.70 | £445.35 | |||
| J Club | Riverside | £60.90 | £60.90 | £207.45 | |||
| Bookstall | £0.00 | £88.00 | |||||
| Events | St Johns | £0.00 | £3,515.32 | ||||
| Events | Riverside | £0.00 | |||||
| Rent Vicarage Flat | £3,155.60 | £3,155.60 | £4,455.60 | ||||
| Evangelicals Now | £15.00 | £15.00 | £60.00 | ||||
| Non PCC Fees | £791.00 | £791.00 | £2,105.00 | ||||
| Mini Music Group | £120.00 | £120.00 | £523.70 | ||||
| Parent and Toddler | £0.00 | £184.00 | |||||
| £7,412.16 | £0.00 | £7,412.16 | £18,078.00 |
| Unrestricted Funds |
Restricted Funds |
Total 2020 |
Total 2019 |
||||
|---|---|---|---|---|---|---|---|
| 1(h) | Other | Misc | St John | £8,538.25 | £8,538.25 | £2,249.47 | |
| Misc | St Faiths | £0.00 | £0.00 | ||||
| Church Weekend | £15,574.60 | £15,574.60 | £14,595.49 | ||||
| £24,112.85 | £0.00 | £24,112.85 | £16,844.96 | ||||
| Resources Expended | |||||||
| Unrestricted Funds |
Restricted Funds |
Total 2020 |
Total 2019 |
||||
| 2(a) | Missionary | D&J French | £0.00 | £3,000.00 | |||
| Charitable | Wycliff | £0.00 | £5,100.00 | ||||
| Giving | MAT | £0.00 | £3,000.00 | ||||
| C&A Hunt | £0.00 | £2,500.00 | |||||
| Gospel for Asia | £1,090.69 | £479.31 | £1,570.00 | £3,151.00 | |||
| Label of Love | £0.00 | £1,500.00 | |||||
| TrinityScarborough | £0.00 | £5,000.00 | |||||
| Cope Issues Trust | £0.00 | £3,000.00 | |||||
| Open Doors | £0.00 | £50.00 | |||||
| Gafcon | £0.00 | £2,000.00 | |||||
| MAF(Tinker) | £0.00 | £2,000.00 | |||||
| Other | £0.00 | £11.00 | |||||
| £1,090.69 | £479.31 | £1,570.00 | £30,312.00 | ||||
| 2(b) | Salaries | Workers Salaries | £65,824.60 | £65,824.60 | £104,438.16 | ||
| Associate & Assistant Salaries | £39,255.28 | £39,255.28 | £65,067.89 | ||||
| Administrator | £12,577.96 | £12,577.96 | £18,709.38 | ||||
| £117,657.84 | £0.00 | £117,657.84 | £188,215.43 | ||||
| 2(c) | Expenses | ClergyExpenses | £987.40 | £987.40 | £1,140.82 | ||
| Assistant Expenses | £2.00 | £2.00 | £12.00 | ||||
| Book Allowances | £241.47 | £241.47 | £217.76 | ||||
| LeavingGifts | £800.00 | £800.00 | £0.00 | ||||
| Vicarage | £1,295.02 | £1,295.02 | £1,362.40 | ||||
| £3,325.89 | £0.00 | £3,325.89 | £2,732.98 | ||||
| 2(d) | Mission & | Youth Work | £0.00 | £0.00 | £4,259.59 | ||
| Evangelism | Riverside ABC | £175.11 | £175.11 | £670.94 | |||
| J Club | £90.00 | £90.00 | £420.00 | ||||
| Mini Music Club | £180.00 | £180.00 | £400.00 | ||||
| Training | £400.00 | £400.00 | £90.00 | ||||
| Evangelism | £351.00 | £351.00 | £516.93 | ||||
| Students | £101.75 | £101.75 | £1,535.85 | ||||
| Evangelicals Now | £22.50 | £22.50 | £45.00 | ||||
| Expense of Events | St Johns | £0.00 | £2,332.65 | ||||
| Research | £153.88 | £153.88 | £343.59 | ||||
| CommunityAction | £0.00 | £7.00 | |||||
| Teaching | £150.00 | £150.00 | £350.00 | ||||
| £1,624.24 | £0.00 | £1,624.24 | £10,971.55 | ||||
| Unrestricted Funds |
Restricted Funds |
Total 2020 |
Total 2019 |
||||
|---|---|---|---|---|---|---|---|
| 2(e) | Church | Music | £0.00 | £0.00 | £35.00 | ||
| Running | Flowers | £0.00 | £110.73 | ||||
| Costs | Communications | £6,601.25 | £6,601.25 | £10,890.44 | |||
| Technical | £447.52 | £447.52 | £1,346.56 | ||||
| Miscellaneous | St Johns | £1,615.00 | £1,615.00 | £1,807.71 | |||
| Miscellaneous | St Faiths | £67.70 | £67.70 | £235.59 | |||
| Miscellaneous | Riverside | £140.00 | £140.00 | £170.79 | |||
| Church | St Johns | £5,299.67 | £5,299.67 | £5,562.43 | |||
| Church | St Faiths | £684.28 | £684.28 | £659.43 | |||
| Rent | Riverside | £0.00 | £4,740.00 | ||||
| Grounds | St Johns | £0.00 | £0.00 | ||||
| Grounds | St Faiths | £120.00 | £120.00 | £99.00 | |||
| Non PCC fees | £1,441.00 | £1,441.00 | £2,895.00 | ||||
| Cleaners | St Johns | £3,774.68 | £3,774.68 | £5,063.76 | |||
| Cleaners | St Faiths | £1,820.28 | £1,820.28 | £1,684.88 | |||
| Church Weekend | £2,988.11 | £6,539.89 | £9,528.00 | £8,055.60 | |||
| £24,999.49 | £6,539.89 | £31,539.38 | £43,356.92 | ||||
| 2(f) | Church | Light & Power | St Johns | £6,604.39 | £6,604.39 | £8,020.40 | |
| Utilities | Light & Power | St Faiths | £95.81 | £95.81 | £444.87 | ||
| £6,700.20 | £0.00 | £6,700.20 | £8,465.27 | ||||
| 2(g) | Trading | Hall | £650.98 | £650.98 | £2,545.88 | ||
| Bookstall | £0.00 | £242.30 | |||||
| Vicarage Flat | £3,018.87 | £3,018.87 | £4,251.21 | ||||
| Caretaker | St Johns | £517.23 | £517.23 | £1,773.47 | |||
| £4,187.08 | £0.00 | £4,187.08 | £8,812.86 | ||||
| 2(h) | Governance | £775.00 | £775.00 | £796.00 | |||
| £775.00 | £0.00 | £775.00 | £796.00 | ||||
| Restricted Fund Movements | Open | TNT | Gospel | Church | Total | ||
| Doors | for Asia | Weekend | |||||
| Balance at 1st January2020 | £53.10 | £946.66 | £0.00 | £6,539.89 | £7,539.65 | ||
| IncomingResources | £40.19 | £479.31 | £519.50 | ||||
| Resources Expended | (£479.31) | (£6,539.89) | (£7,019.20) | ||||
| Balance at 31st December 2020 | £93.29 | £946.66 | £0.00 | £0.00 | £1,039.95 | ||
Indtpendent Exarnlrttrfs report to the PCC of St. John's Newlatml, North Hull Registered Charlty No. 1131315 I have condutted an independent exarDination of the financial statements of the Parochial Church Council of St. John's Newland, fer theyear ended 31 December 2020. RespÈrtiv* dulTrE50f the PCC member5 and the examiner As tnèmbers of thÈ PCC and as truste25 you are re5PDll5ible for the preparation of the account5. You cOnder that an audit is not required forthis year under sertK>n lJJ4121 of the Charities Act 2011 Ithe 2011 Aal and that an independent eXaMinatn is needed. It Is my reswnslbility to examine the accogjnts under settion 145 of the 2011 Act." to follow procedures laid down in the general directions gwen by the Charity Commission under section 14515llbl of the 2011 A£t ènd to state whether particular matters have come to my attention. Basis of independentexarninEs report My examination was Carried out in accord3nce with the Geneial Dirertion5 eDn by the Charty Comrni55ion. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts preSend wrth those records. It also includes consideration of any unusual item5 or disc105UTe5 in the accounts and 5Èèking explanètions concerning any such marrers. The protrdures undertaken do not provide all the evidence that would be required in an audr(, and consequently no opinion 1$ given as to whether the accounts present a'true and fairf vlew and the report is limited to those matters set out iry the statement below. Indepetthrtt exarnlnerfs stattrnent In connection with my exatninètion. no material matters have come to my attention whlch gfves me cause to believe that in, any material Tespecr.. accounting records were not kept in attOrdan wf(h section 130 of the Ch3ritie5 A£t or the accountsdo noi accord with the ac£ountin8 records I have come acr055 no other rnatters in connettien with the examination to which attention should be drawn in order to enable a proper understanOin8 of the accounts to be reached. (sned) N>gel Mills 21 Helm DrNe Victon3 Dock HULL HU9 IUH Dated