The Parochial Church Council of the Ecclesiastical Parish of West Kirby Known as The Parish of St Bridget, West Kirby with Caldy, The Resurrection and All Saints REGISTERED CHARITY NUMBER: 1131379 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2020 CONTENTS Page Contents Charity Information 34 Report oflhe Trustees 5-13 Report ofthe Independent Examiner 14 Statement of Financial Activities 15 Balan￿ Sheet 16 Notes to the Financial Stslemenls 17-23 Detailed Statement of Financial Activities 24-25 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY CHARITY INFORMATION STRUCTURE, GOVERNANCE AND MANAGEMENT Reference and Administration details Charity Name The Parochial Church Council of the Ecclesiastical Parish of West Kirby Registered Charity Number 1131379 Principal Address Parish Office St Bridget's Centre St Bridget's Lane West Kirby Wirral Merseyside CH48 3JT The Parish church is St Bridgel's. The Daughter Church is The Resurrection and All Saints, Caldy. The Reverend Alexandra Williams was liCen￿d as Rector ofthe Parish on 9th November 2020. Our readers and associate minister, Reverend Professor David Chester, are non-stipendiary. Our ministry is also assisted and complemented by active retired clergy. Governing Document The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure and registered as a charity on 26 August 2009. Charity constitution The membership of the PCC consists of the incumbent (our Rector), churchwardens, treasurer and those elected by members of the congregation who are on the electoral roll of the church. Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting {APCM) in accordan￿ with the Church Representation Rules. All regular Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. Under the terms of Section 3 of the Parochial Church Council {Powers) Measure 1956 the PCC is a body corporate and is a charity registered with the Charity Commission as required by the Charities Act 2011. At the first full meeting after elections, the Rector advises members on PCC structures, practi￿$, rights and responsibilities, with written information. The PCC members are responsible for making decisions on all matters of general concern and importan to the parish including deciding on how the funds of the PCC are to be spent. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY CHARITY INFORMATION New members receive initial training into the workings of the PCC. The full PCC met four times during the year with an average level of attendance of 87°￿. The PCC has a standing committee which has met as required and, given its wide responsibilities, the PCC has a number of sub-committees each dealing with a particular aspect of parish life. These committees, (St Bridget's, Caldy, Enhan￿Ment, Finance and Fabric) are all responsible to the PCC and report back to it regularly with minutes of their recommendations being received by the full PCC and discussed as necessary. Trustees Rev Alexandra Williams, Rector, Chair, ex officio, as from 9th November 2020 Rev John Bleazard, former Rector, ex officio till 28th February 2020 Rev Prof. David Chester, Assistant Priest, ex officio Mr David Wright, ChurGhwarden, ex officio Mr Gregory Buckridge, Churchwarden, ex officio Mr Sydney Ford, Acting Warden Caldy, Deanery Synod, ex officio Dr Angela Douglas MBE, Deanery Synod, ex officio Mrs Peggy Dodd Mrs Joy Alcock Mr John Smith, Reader and Treasurer Miss Susan Shaw Mr Brian Crablree, Acling Warden Caldy Mr Bill Smith Mr Arthur Roberts Ms Sheelagh Blair Mr Paul Douglas till 2nd September 2020 Mrs Priscilla Bench-capon, as from 2nd September 2020 Mr Rod Tann, Secretary Mr Simon Trout, as from 2nd September 2020 Mr Stanley Metcalf, as from 2nd September 2020 Miss Mary Rees, as from 2nd September 2020 Bankers Barclays Bank plc COIF Charities Fund Independent Examiner Counting for Communities Ltd, 16 Holmwood Drive, Liverpool, L37 1PQ THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY TRUSTEES, ANNUAL REPORT for the year ended 31 December 2020 AIMS AND PURPOSES The Parochial Church Council IPCCI of St Bridget's West Ki￿Y and Caldy church has the responsibility of cooperating with the incumbent, the Reverend Alexandra Williams, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of St Bridget's Centre and Caldy Church hall. The Buildin St Bridget's church Whilst no significant works have been undertaken during the last year, the church has been well maintained. It has been inspected weekly by the churchwardens, regularly cleaned and minor repairs have been carried out as necessary. Caldy church and hall The fabric of the church has been maintained by regular cleaning and routine Maintenan￿ of boilerl organ and testing of electrical installations. In 2020 the roof gutter was re-lined to remedy the ingress of rainwater. St Bridget's Centre Buildings and services at St Bridget's Centre have been maintained during the year to meet all relevant regulations and ensure the needs of users have been met. Significant work has been undertaken on the repair of the flat roof and the central heating boiler. PUBLIC BENEFIT The PCC has complied with the requirement of the Charities Act 2011 to have due regard to public benefit guidance published by the Charities Commission,. the PCC considers that the charity meets the public benefit requirements of the Act by carrying out its normal activities some of which are outlined in this report. OBJECTIVES AND ACTIVITIES Our vision slatemenl, 'seeking to follow Jesus with open hearts, open minds and open hands, underpins our discussion and decisions. OPEN HEARTS- To respond wilh love and compassion lo all OPEN HANDS - To receive, welcome and serve all. OPEN MINDS - To listen deeply and respectfully to others. To be willing to explore opinions which differ from our own and be willing to think again. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY TRUSTEES, ANNUAL REPORT for the year ended 31 December 2020 The PCC is committed to enabling as many people as possibletoworship God at our churches and to become part of our parish community. The PCC maintains an overview of worship throughout the parish and works with the Rector and ministry team to offer a wide range of services to meet a variety of needs. Our services and worship, nurture faith through prayer and scripture, music and sacrament. We try to enable people to live out their faith as part of our parish communily through.. Worship, prayer and nurture., leaming about the Gospel.. and developing their knowledge and trust in Jesus. Provision of pastoral care for people living in the parish. Missionary and outreach work. Engagement in social action. Being part of inclusive church. Opportunities to learn about and be part of care of creation. To facilitate this work, it is important that we maintain the fabric of the Churches of St Bridget's and Caldy, St Bridget's Centre and Caldy Church Hall. ACHIEVEMENTS AND PERFORMANCE Worship and Prayer The PCC is keen to enable a range of services during the week and over the course ofthe year which the ommunity find both beneficial and spiritually fulfilling. We have a regular pattern of weekly Holy Communion at both churches and also have a mixture of styles, with a more informal All Together Worship service once a month at Sl Bridgel's and a variety of styles of worship on Sunday Evenings. We also provide spaces for quiet prayer and contemplation. The parish entered a vacancy following the retirement of Reverend John Bleazard. Our associate minister Reverend Professor David Chester was supported during the vacancy by our team of readers and active retired clergy. All are non-stipendiary, and the PCC is very grateful for the additional work they have undertaken and for the excellent provision of worship which they have worked hard to maintain in difficult circumstances. The vacancy ended in November following the appointment and li￿nsIng of Reverend Alexandra Williams. The Covid 19 pandemic resulted in closure of both churches from March to July 2020. During closure the initiative was taken to offer Sunday worship via Zoom, and this was then extended to an additional service of Morning Prayer and a weekly Bible Study session. Since r&opening we have maintained the very popular Zoom Servi￿ and also offered weekly worship in both churches, comprising setvices of Holy Communion each week at St Bridget's and one se￿1￿ of Holy Communion at Caldy Church on most THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY TRUSTEES, ANNUAL REPORT for the year ended 31 December 2020 Sundays. Additional services were offered during Advent. The Zoom service has developed significantly under the excellent guidance of our Reader, John Smith, and has been complemented by livestreaming on both Facebook and YouTube. To enable livestreaming, the PCC supported the decision to enable Wi-Fi for both churches, which is generally working well. The pandemic has had a significant effect on all the activities, resulting in fewer public seNices and much lower attendance. As well as our regular seNices, we seek to enable our community to celebrate and thank God at the milestones of the journey through life. Sadly, due to the pandemic this has been significantly curtailed. There have been no weddings, 2 baptisms and 14 funerals in church (with a further 24 funerals being conducted at crematoria). At present there are 206 parishioners on the Church Electoral Roll, 92 of whom are not resident within the parish. 3 names were added during the year and 8 were removed either through death or because they moved away from the parish. Pastoral Care Pastoral work has included visiting the sick and bereaved by clergy and lay people. The Covid 19 pandemic increased our awareness ofthe need to reach out to those in our communities and offer support in whatever ways we could. Members of the church community phoned each other and helped where they could within the pandemic restrictions. During the period of lockdown, there was a commitment to contacting as many people as possible via phone, and during the year several initiatives to use Zoom for social contact were started. There was also increased awareness that a review of pastoral care would be beneficial. Mission and Outreach Helping those in need is a demonstration of our failh and living out our vision of following Jesus wilh open hands. We donated £2,875 to support charities in the UK and overseas and have already agreed to increase this figure substantially in 2021. A weekly newsletter is emailed to 161 people via mailchimp and 29 delivered as hard copies. Our parish magazine is distribuled monthly io over 70 homes, is available in church, and also on-line on our website. These keep parishioners informed of the important matters affecting our church and include articles that help develop faith, spirituality and understanding. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY TRUSTEES, ANNUAL REPORT for the year ended 31 December 2020 We nurture people's learning about their Christian faith through sermons, small group discussion, provision and signposting to resources and everyday conversation in the variety of activities which take place in the Parish Centre when not in lockdown. We support the faith development of children and young people through Storytelling and leading Collective Worship in St Bridget's Primary School, and this has been maintained Ihroughoul the period of lockdown. We facililate a parent and baby group at Caldy Church and have provided activities for young children in church. The St Bridget's centre enables a huge range of activities to take place, when not in lockdown, in particular the weekly 'Wednesday Link, which has been greatly missed. The Link also provides the opportunity to buy Fairtrade and Eco-Friendly Items. The Link has continued as a weekly Wednesday morning Zoom session throughout the period of the pandemic. The Parish Administrator is based in St Bridget's Centre and it also provides the setting for a pre-school Group on weekdays and many other community groups, although most groups were unable to meet throughout most of 2020. It also hosts the West Kirby Museum. The pandemic meant that many social and fund-raising activities were cancelled, including the Summer Fair, Caldy Picnic and Earth Fest. Ecumenical Relationships The church is a member of West Kirby Churches Together and meetings are typically attended by our parish representative, John Smith, and the Rector. We contributed to the Christmas online service, but all other typical joint activities were can￿lled. Meetings moved on-line and were attended by John Smith during the vacancy period. Inclusive Church The parish is a member of Inclusive Church and seeks to work hard to ensure that we actively welcome everyone, regardless of ability, income, ethnicity, gender, mental health, sexuality or learning styles. This is reflected in our use of inclusive language and in addressing issues which may affect accessibility. Our aim is to be a church which ￿lebrateS and affirms every person and does not discriminate. Eco-church Both St Bridget's and Caldy church are committed to caring for God's earth in all areas of our lives as a church community and as individuals. St Bridget's and Caldy achieved bronze awards in 2018 and 2019. In 2020 St Bridget's was awarded the Eco-church Silver award and we are now committed to working towards gold for the whole parish. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY TRUSTEES, ANNUAL REPORT for the year ended 31 December 2020 Deanery Synod Three members of the PCC sit on the deanery synod. This provides the PCC with an important link between the parish and the wider structures of the church. This year the PCC has also focused its attention on the questions posed to parishes in the deanery about the most effective deployment of stipendiary and non- stipendiary clergy. Volunteers Volunteers play an essential part, as Church Officers, Foundation Governors of St Bridget's School, sidespersons and pastoral visitors, taking Communion lo the sick and housebound, as musician and bell ringers, house group leaders, running the museum, Life Expectancy Project Team, Storytelling Service, Link Café and Fair Trade sales, contributing to worship and to the care and beautification of buildings and grounds, raising and managing money, managing the St Bridget's Centre, producing the magazine, maintaining the website, organising the fair and social events, seNing on committees. In the period of pandemic, many of our volunteers have had to adapt and develop new skills and we are especially grateful for those who have worked on developing our online presence through website development, livestreaming, Zoom set up and management and the progress made with installing Wi-Fi. We would like to thank all the volunteers who work so hard to make our church the lively and vibrant community it is, and we look forward to gradually resuming many of our activities. For further details of the many activities, see the OveNiew and Groups Reports to the APCM. Pastoral Ministry and attendance at worship 2020 The tables below show the service statistics which we provide for the diocese. The Diocese requests for October as it is considered to be a fairly typical month. St Bridget's Church was kept open two afternoons most weeks, as a sacred space for private prayer and reflection and the opportunity to light candles. The Clergy provided preparation and support to the people who were married or brought children for baptism, and paid visits to people at home or in hospital, especially to the bereaved, dying, sick and distressed. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY TRUSTEES, ANNUAL REPORT for the year ended 31 December 2020 Pastoral Ministry (both Churches) Baptisms Confirmations Admission to Communion Weddings including Dedication after Civil Morriage Funerals in Church Funerals at Crematorium/Cemetery Memorial Services in Church 2020 2019 27 21 io 24 16 14 Attendance at Worship 2020 October figures required for national "Statistics of Mission" returns. The first four Sundays of October and the weekdays following {2019 figures are shown in brackets) St Bridget's Sunday adult Sunday Child Weekday Adult Weekday Child Week 1 Week 2 Week 3 Week 4 50 44 64 47 147 99 115 93 24 18 79 440 Sunday adult Sunday Child Weekday Adult 10 10 Weekday Child Cald Week 1 Week 2 Week 3 Week 4 17 15 22 19 39 31 33 38 Easter and Christmas attendances Attendance figures are adults and children combined. Figures do not include Christmas and Easter Week House Communions. Midnight Services and Crib services are included. st Brid et's 160 177 180 461 Cald Total Easter Da communicants Easter Da Attendances Christmas Communicants Christmas Attendance 48 61 39 271 208 238 219 732 72 78 13 16 85 94 io THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY TRUSTEES, ANNUAL REPORT for the year ended 31 December 2020 FINANCIAL REVIEW Total Incoming resour￿$ this year were £184,712 {2019 £232,179). Congregational giving of £103,96012019 £134,001) has met the cost of the Parish Share. Gift Aid recovered from HMRC was £25,443, and loose change and notes offered on the plate was £4,703. Investment income received during the year amounted to £207. The valuation of investments held during the year has increased by £2,754 as a result of positive stock market movements. Expenditure in the year was £177,70812019 £303,420). The main expenditure during the year was the Parish share of £86,94612019 £84,825) which increased by 2.5 %. Fees for weddings and funerals provided a nett income of £5,83312019 £10,4311- significantly reduced in 2020 due to the pandemic. From the financial point of view, 2020 was a much less disastrous year than had been anticipated, with all the restrictions on activity imposed by Covid 19. A small overall surplus was achieved, primarily as a result of a Government grant of£7,500 to support the work of St Bridget's Centre, rental income from 13 Caldy Road, a generous donation and a legacy. Standing orders are now the main source of regular income at both churches, which has to a large extent cushioned us from the reduced income from weekly envelopes, cash collections, cash donations, and from wedding and funeral fees. We were On￿ again able to pay our Parish Share to the Diocese of Chester in full, thus supporting the ￿ntral functions of the Di0￿Se (including our Rector's stipend) and other parishes in greater need than ourselves. We also completed the rewiring and renewal of lighting at St Bridget's. Other capital works in our churches and ￿ntreS was minimized to cOnSe￿e resources in uncertain times. Rental income at St Bridget's Centre was substantially redu￿d, due to the pandemic, but costs were managed by reducing staff, taking advantage of furlough arrangements, and postponing non-urgent maintenance. The St Bridget's Centre manager and his team are thanked by the PCC for their diligence. 2021 is again going to be a challenging year, so close control of expenditure will need to be maintained. The sale of 13 Caldy Road has been agreed by the PCC. This is expected to be achieved during the first half of 2021. Reinvestment of the prO￿ed$ in another property will need to be carefully handled, so as not to endanger fInan￿S of the parish. New ways of increasing income through on-line and contactless giving are being explored, which we plan will allow the parish to be more generous in its SUPPOrt for those (locally, nationally, and intemationally) less fortunate than ourselves. All those involved with managing the parish's finances continue to work closely together, complementing each other's skills and aptitudes. li THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY TRUSTEES, ANNUAL REPORT for the year ended 31 December 2020 RISK MANAGEMENT The principal risk associated with charity activities is the sustainability of giving from the congregations at St Bridget's and Caldy church and managing the impact of the Covid 19 pandemic. This is uppermost in the minds of the PCC who are exploring ways of encouraging an increase in giving whilst maintaining appropriate expenditure. New methods of giving are being explored to ensure everyone can discover the joy of giving. In partnership with the members of the PCC, the Rector and treasurer are considering how lo maximise the assets of the charity, to access grants and funding to support charity activities particularly our outreach work, and to encourage sustainable giving from the congregation. Regular giving in 2020 remained largely stable but is expected to be under increasing pressure in 2021. The PCC are managing the risk of diminishing reserves. A budget has been set in previous years, and one was prepared early in 2020. However, this needed to be abandoned when the pandemic substantially disrupted both income and expenditure. A budget for 2021 will be established when the timetable for the lifting of restrictions is known with some degree of certainty. RESERVES POLICY It is the policy of the Trustees to hold no less than six months expenditure in cash reserves. Currently the reserves exceed this. This policy is regularly reviewed and is thought to be sufficient, given that the parish has an above-average Parish Share commitment, several buildings and two churchyards to maintain and enhance, and several staff to pay. 12 ## ## ## ## THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY STATEMENT OF FINANCIAL ACTIVITIES {INCORPORATING AN INCOME AND EXPENDITURE ACCOUNTI For the Year Ended 31 December 2020 2020 Unrestricted funds 2020 Restricted funds 2020 Total funds 2019 Total funds Note INCOMING RESOURCES Inco￿￿ng & endovrtrtnts from: Donations and legacies Charrtable activrties Other trading actiirities Investments 126,557 37,243 14,918 193 4,846 131,403 37,243 15,859 207 161,766 50,071 19,850 492 941 14 Total incon 178,911 5,801 184,712 232,179 RESOURCES EXPENDED Raising funds Charf(able activth'es 393 176,931 177,324 393 177,315 2,747 300,673 303,420 Total expenditure 177,708 Net incon* l (expenditure) for the year before investment gainslllosses) Net gainslllossesl on investments Net incon* l (expenditure) for the year before transfers 1,587 5,417 7,004 {71,241) 2,754 2,754 5,022 4,341 5,417 9,758 {66,219) Transfer btheen fvnds Net incon* l (expenditure) for the year 4,341 5,417 9,758 {66,219) RECONCILIATION OF FUNDS Total funds brought forward 13 893,501 19,723 913,224 979,443 TOThL FUNDS CARRIED FORWARD 897,842 25,140 922,982 913,224 There are no recognised gains or losses other than the net movement in funds for the above two financial years. All incoming reSoUr￿S and resources expended derive from continuing activities. The notes form part of these financial statements 15 |||2024||2024|2o2A|2019| |---|---|---|---|---|---|---| |||Unrestricted|Restricted||Total|Total| |||funds||funds|funds|funds| ||Note|t||t|€|L| |FIXEDAS$ETS||||||| |Tangible assets
lnvestments|I
I|795,000
29,659|||785,000
29,659|785,000
26,905| |||814,659|||914,659|811,905| |CURRENT ASSETS||||||| |Debtors|10|695|||695|18,167| |Cashatbankandin hand|11|83,732|||108,872|98,934| |||84,427||25,140|109,557|117,101| |CREDITORS||||||| |Amounts fallingduewithinoneyear|12|(1,244)|||(1,244.1|(15,782)| |NET CURRENT ASSETS||83,183||25,140|108,323|101,319| |TOTAL ASSETSLESSCURRENT
LIABILITIES||897,842||
25,140|_t*,t*|,rr*| |FUNDS|13|||||| |Unrestricted funds|||||897,842|893,501| |Restricted funds|||||25,140|19,723| |TOTALFUNDS|||||922,982913,224|| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY NOTES TO THE FINANCIAL STATEMENTS For the Year Ended 31 December 2020 1. ACCOUNTING POLICIES Accounting convention The PCC is a Public Benefit Entity under FRS 102, The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCC'S, and with the Regulations true and fair view" provisions and 'Accounting and Reporting by Charities.. Statement of Recommended Practice for Charilies, applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) 12016}. The charity has taken advantage of the disclosure exemption in preparing these financial statements, as permitted by FRS 102, the requirements of Section 7 Statement of Cash Flows. The accounts have been prepared under the historical cost convention, except for Listed Investments which are included in the Balance Sheet at market value. The accounts are prepared in sterling, which is the functional currency of the charity and monetary amounts in these financial statements are rounded to the nearest £. Going Concern At the time of approving the accounts, the trustees have reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts. Income Incoming recognition All incoming resources are included on the Statement of Financial Activities {SoFA) when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy Incoming Resources with Related Expenditure Where incoming resources have related expenditure las with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SOFA Grants and Donations Grants and donations are only included in the SOFA when the Charity has unconditional entitlement to the resource. Tax reclaims on donations and gifts Tax reclaims under Gifi Aid are recognised when received. Contractual Income and Performance Related Grants This is only included in the SOFA once the related goods or servi￿$ have been delivered. Volunteer Help The value of any voluntary help re￿iVed is not included in the accounts. Investment Income This is included in the accounts when receivable. enditure and Liabilities Liability Recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to that expenditure. 17 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the Year Ended 31 December 2020 Investment assets Investments are shown at market value. Fixed assets Consecrated Land and Buildings and Moveable Church Furnishings Consecrated and beneficed property is excluded from the financial statements in accordance with s.1012la of the Charities Act 2011. No value is placed on moveable 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 dunng the year on consecrated and or beneficed buildings and moveable church furnishings, whether Maintenan￿ or improvement, is written off as expenditure in the Statement of Financial Activities. Other Fixed Assets Other land and buildings held on behalf of the PCC for its own purpose are valued at cost. The land and buildings have not been depreciated as it is felt by the trustees that the annual depreciation charge and the accumulated depreciation are immaterial to the financial statements, due to the assets having a very long remaining useful life. The trustees consider an impairment review on an annual basis. The Church Hall (Caldyl as a functional asset has not been assigned any value. The new Church Centre {St Bridget's) has been valued as shown in the accounts. Any expenditure on maintenance or improvement is written off as incurred. Individual items of equipment are written off as incurred. Taxation The charity is exempt from tax on its charitable activities and is not registered for VAT. As a registered charity the company benefits from rates relief. Fund accounting Unrestricted funds- can be used in accordan￿ with the charitable objectives at the discretion of the trustees. Restricted funds - 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. 18 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the Year Ended 31 December 2020 2020 2020 Unrestricted Restricted 2020 Total 2019 Total Note 2 Donations and legacies Donations Gift Ad Non Grft Donations Collections Sundry Donations & ￿)PealS Donations with Gift Aj'd Legacies 86,666 25,008 8,045 4,703 135 86,666 25,443 8,045 4,703 135 931 3,480 2.000 131,403 86,210 27,765 5,396 13,193 682 12,165 16,355 435 931 3,480 2,000 126,557 4,846 161,766 3 Charitable activities Church Centre & Hall Lettings seum 17,865 347 17,865 347 34,267 Friends of St Bridgets gazine Adverbsing gazine Sales Fees Grants HMRC Job Retenb'on Grant 55 2,211 2,310 655 5,833 9,500 733 37,243 2,310 655 5,833 9,500 733 37,243 10,431 1,421 50,071 4 Other trading activities Summer Fair other Activities House rent Solar Panels 40 662 10,908 3,308 14,918 40 1,603 10,908 3,308 15,859 5,575 3,619 6,928 3,728 19,850 941 941 5 Investments Bank interest Income from investments 193 14 207 399 93 492 193 14 207 19 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the Year Ended 31 December 2020 2020 2020 Unrestricted Restricted 2020 Total 2019 Total Note 6 Resources Expended Raising funds Summer fair & festival Olher fundraising costs 20 373 393 20 373 393 1,675 1,072 2,747 Charitable activities Parish share Rector & rectory expenses Curate's house Church Churchyard Parish magazine Training & mission Centre & hall Parish Office Charitable giwng Independent examiner's fees This year Last year Sundnes Vacancy Bank charges 86,946 7,361 2,913 21,666 11,371 1,369 529 24,107 15,150 2,875 86,946 7,361 2,913 22,050 11,371 1,369 529 24,107 15,150 2,875 84,825 4,205 2,419 122,953 13,556 2,809 758 42,477 14,532 9,035 650 650 650 1,740 117 473 1,136 385 176,931 473 1,136 385 177,315 597 300,673 2020 2019 7 Staff Costs & Employees included in Charitable ktivities above Wages and salaries Pension costs Social security costs 21,957 194 25,470 167 22,151 25,637 No employee earned £60,000 or more during the year {nor the premous yearl The average headcount during the year was Charitable actimtr'es 2020 2019 20 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the Year Ended 31 December 2020 8 Fixed Assets Land and Buildings Total Cost At 1 January 2020 Disposals ditions At 31 December 2020 785,000 785.000 785,000 785,000 Depreciation A 1 January 2020 On Disposals Charge for year 31 December 2020 Net Book Value 31 December 2020 785,000 785,000 At 31 December 2019 785,000 785,000 The Land and Buildings is the curate's house at £110,000 {2019 £110,000) and the church centre building at £675,000 {2019 £675,000) 21 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the Year Ended 31 December 2020 Note 2020 2019 Fixed asset investments at market value At 1 January 2020 dditions in the year at cost Disposals at market value Change in value in the year Gainl{Loss) At 31 December 2020 26,905 25,055 (3,172) 5,022 26,905 2,754 29,659 2020 2019 10 Debtors Recoverable VAT on Church expenditure Recoverable Vacancy costs 18,167 695 69S 18,167 2020 2019 11 Cash at bank and in hand Current Account Deposit Account 68,803 40,069 108,872 58,939 39,995 98,934 2020 2019 12 Creditors . amounts falling due within one year Accruals 1,244 1,244 15,782 15,782 22 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the Year Ended 31 December 2020 Note 13 m0veTh￿nt in Funds Baance at 31 December Incoming Resources 2019 Resources Expended Balance at Transfers 31 Decen*)er In Iloull 2020 Gains & ILossesl on Investments Unrestrlcted Funds General Fund 893,501 893,501 178,911 178,911 1177,3241 1177,3241 2,754 2,754 897.842 897.842 Restrictad Funds Enhancement 19,723 19,723 5,801 5,801 13841 13841 25,140 25.140 Totsl Funds 913,224 184,712 1177,7081 2,754 922.982 14 Trustees, Ren￿neratIOn and Benefits There were no trustees. remuneration or other benefrts for the year ended 31 December 2020 nor for year ended 31 December 2019. 16 Trustees. Expenses During the year 4 truslees12019 5 trust￿) were reimbursed for out-of-pocket expenses incurred by the trustees and paid to third parties. The total sum paid in the year was £1,02712019 £2,451). 16 Capltal con1nltn￿nts The charity had no caprtal commrtmènts al 31 December 202012019." ￿ne> alhèr contracted for or aLrthorised by the Irusletts but not contracted for. 23 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY DETAILED STATEMENT OF FINANCIAL A￿1vITE5 - INCOME For the Year Ended 31 December 2020 INCOMING RESOURCES Parish St Bridget 2020 2019 Caldy 2020 2019 2020 2019 Donations and Legaties Donations Gift Aid Non Gift Aid Donations Collections General Income Donations & Appeals Donations with Gift Aid Legacies 86,666 25,443 8,045 4,703 135 931 3,480 86,210 27,765 5,396 13,193 64,524 18,179 6,580 1,275 135 931 65,810 21,860 22,142 7,264 1,465 3,428 20,4(X) 5,905 2,990 6,389 12,165 16,355 12,165 16,355 131,403 161,766 97,104 125,667 34,299 36,099 Charitable Activities Church Centre & Hall Letti ngs Museum Friends of St Bridgets Magazine Advertising Magazine Sales Fees 17,865 347 34,267 17,752 347 34,142 113 125 55 2,211 55 2,211 2,310 655 5,833 9,500 733 2,310 655 10,431 1,421 6,687 1,421 1,387 3,744 Grants HMRC Job Retention Grant 9,5(X) 733 37,243 50,070 35,743 46,201 I,sc 3,869 Other TradlnE Actlvitles Summer Fair & Festival Other Activities House Rent Solar Panels 40 1,603 10,908 3,308 5,575 3,619 6,928 3,728 5,133 3,619 442 1,603 10,908 6,928 3,308 3,728 15,859 19,850 4,951 12,480 10,908 7,370 Investment Income Interest and i ncome 207 207 493 493 143 143 353 353 140 140 Total Incoming Resources 184,712 232,179 137,941 184,701 46,771 47,478 This page does not form part of the statutory fi nancial statements 24 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST KIRBY DETAILED STATEMENT OF FINANCIAL ACTIVITES - EXPENDITIURE For the Year Ended 31 December 2020 RESOURCES EXPENDED Parish 2020 St Bridget 2020 2019 Caldy 2019 2020 2019 Ralslng Funds Summer Fai r & Festival Other Fundraisi ng Costs 20 373 393 1,675 1,072 2,747 20 373 393 1,447 1,072 2,519 228 228 Charitable Activities Parish Share Rector and Rectory Expenses Curate's House Church Churchyard Parish Magazine Trai ning & Mission Centre & Hall Parish Off ice Independent Examiners Fees This year Last year Bank Charges Sundries Vacancy Charitable Giving 86,946 84,825 7,361 4,205 2,913 2,419 22,050 122,953 11,371 13,556 1,369 2,809 529 758 24,107 42,477 15,150 14,532 65,2(YJ 7,361 63,619 4,205 21,737 21,2( 2,913 10,654 2,971 2,419 15,089 3,302 11,396 107,864 8,4(K) 10,254 1,369 529 22,276 14,250 758 40,045 13,632 1,831 2,432 9QK) 650 1,740 597 117 650 650 1,740 597 385 473 1,136 2,875 9,035 5,410 177,315 3(￿,673 132,961 251,583 385 473 117 1,136 2,875 44,354 3,625 49,090 Total Resources Expended 177,708 303,420 133,354 254,102 44,354 49,318 Net Incomellexpenditurel Before Gains Realised Gai ns & Losses 7,(XJ4 171,2411 2,754 5,022 4,587 169,4011 2,417 2,754 11,8401 4,842 Net Incomellexpenditurel 9,758 166,2191 4,587 169,2211 5,171 3,CM)2 This page does not form pa rt of the ststutory fi nancial statements 25