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2020-12-31-accounts

The Parochial Church Council of the Ecclesiastical Parish of St Swithun’s, East Grinstead

Annual Report and Financial Statements

For the year ended 31 December 2020

Incumbent

Reverend Andrew Hawken St. Swithun's Church Parish Office St. Swithun's Close East Grinstead West Sussex RH19 3BB

Bank

Barclays Bank 17 - 21High Street East Grinstead West Sussex RH19 3AH

Independent Examiners Richard Place Dobson Services Limited 1 – 7 Station Road Crawley West Sussex RH10 1HT

Charity Registration Number 1131405

The Parochial Church Council of the Ecclesiastical Parish of St Swithun’s, East Grinstead

Annual Report and Financial Statements

of the

Parochial Church Council

for the year ended 31 December 2020

Page
Contents 2
Administrative Information and Membership 3
Structure, Governance and Management 4
Aims and Purpose 4
Objectives and Activities 4
Achievements and Performance 4-5
Statement on Public Benefit 6
Financial Review 6
Parish Planned Giving in 2020 7-8
Reserves Policy 8
Investment Policy 8
Risk Management 8-9
Independent Examiner’s Report 10
Statement of Financial Activities 11
Balance Sheet 12
Notes to the Financial Statements
 13
1.
Accounting Policies
 13-14
2.
Incoming Resources
 14-15
3.
Resources Expended
 16-17
4.
Allocation of Support and Governance Costs		 17
5.
Staff Costs
 17
6.
Parish Share
 18
7.
Fixed Assets
 18-19
8.
Investments
 19
9.
Debtors		 20
10.
Creditors
 20
11.
Statement of Funds 2020 and 2019
 21-22
12.
Contractual Commitments		 22
13.
Impact of COVID 19		 22
Detailed notes to the Statement of Financial Activities:
Incoming Resources
 23
Resources Expended
 24
Outward Giving Donations
 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 2 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead – Annual Report for 2020

Administrative information and Membership

St. Swithun’s Church is situated just off the High Street in East Grinstead. It is part of the Diocese of Chichester within the Church of England. The correspondence address is The Parish Office, St. Swithun's Church, East Grinstead, West Sussex, RH19 3BB.

The Parochial Church Council (PCC) has registered with the Charity Commission as required by the Charities Act 2011 as at 27 August 2009.

During the year the following served as members of the Parochial Church Council:

Clergy: The Reverend Andrew Hawken Vicar and Chairman The Reverend Canon Julia Peaty Associate Priest and Self Supporting Minister The Reverend Karen Higgs Assistant Curate Self Supporting Minister

Churchwardens:

Linda Bryant * Vice Chairman John Ellis * Vice Chairman Nicola Pickstock Deputy Church Warden

Representatives on the East Grinstead Deanery Synod:

Linda Bryant * Jeremy Kaye Hon Treasurer Deborah Matthews John Ellis * Lynn Ellis Moeena Winsor Elected members: Roger Collins (St Barnabas) Penny Fisher (St Luke’s) Myra Latham Caroline Metcalfe Andrew Milton-Thompson Jean Parsons (St Luke’s) Alexandra Byrne Vivienne Hobbs Christopher Russell Elaine Radcliffe Kate Mooney Frank Allum Nicola Pickstock PCC Secretary Bryn Frankhuizen (Co-opted)

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charity’s trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014.

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 3 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead – Annual Report for 2020

Structure, Governance and Management

The Parochial Church Council (PCC) is the executive committee of a Church of England parish. Legally the council is responsible for the financial affairs of the church parish and the maintenance of its assets, such as churches and church halls, but the council also acts as a focus for church affairs in the parish .

Membership of the Parochial Church Council is determined under the Church Representation Rules and consists of certain ex-officio members (eg. the Vicar and Curate), the Churchwardens and members of the Deanery, Diocesan or General Synods and up to 15 members of the church who are elected at the Annual Parochial Church Meeting (APCM).

Members of the Parish are warmly encouraged to stand for election to the PCC and Deanery Synod and we try to ensure a balance of skills and experience where possible.

Aim and Purpose

St Swithun’s Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, the Reverend Andrew Hawken, in promoting the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of the Church Hall, St Barnabas Church, and St Luke’s Community Room.

Objectives and Activities

The PCC is committed to enabling as many people as possible to worship at our church and to become part of the parish community at St Swithun’s. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament.

When planning our activities for the year, we have considered the Commission’s guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. We try to enable ordinary people to live out their faith as part of our parish community through:

Achievements and Performance

The Coronavirus Pandemic has seriously impacted on our achievements and performance during the year. Below are details of how we have adapted to cope with this unusual situation.

This year has been particularly challenging with two long periods of lockdown due to the Coronavirus Pandemic. In the first lockdown all places of worship were closed by the Government. However, we were able to provide a regular service Sunday by Sunday by recording the Eucharist, the organ voluntaries and choir anthems. These were compiled into a short film and streamed online via YouTube and Facebook. Those without digital facilities at home were provided with ‘Spiritual Guidance’ in printed format and these were delivered each week by volunteers from the church. In addition to this weekly provision the Vicar was able to live-stream Morning and Evening Prayer most days via St Swithun’s Facebook Page. Special Feast Days were marked with extra recorded services including Choral Evensong for Harvest, An All Souls Service of Remembrance and a Service of Advent Carols and Readings. We were able to hold a Christingle Service in church for our young families, but the annual Crib Service had to be recorded and shown via Facebook and on the Church Website.

All these services have been well received by the community and have been seen by others further afield in Canada, New Zealand and in the UK via technology. The statistics online and the feedback has been good and included many favourable comments from viewers as well as letters of appreciation being received.

All are welcome at our regular services, although we introduced a ticketing system during the Pandemic to comply with the Government requirements on Social Distancing and Track and Trace. At 31[st] December 2020 there are 357 people on the Church Electoral Roll, 262 resident in the parish and 95 non-resident members. 9 were added to the roll during the year and 5 were removed either through death or moving away from the parish. The average weekly attendance, when we were permitted to have a socially distanced congregation, was 120.

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 4 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead – Annual Report for 2020

4 weddings were celebrated in the church this year while many others have been postponed until Pandemic restrictions are lifted. Only 6 children were baptised in church in the past year for the same reason. The number of funerals held in St Swithun’s Church (10) and the number held in the Cemetery (graveside) or at the Crematorium was 35. It is acknowledged that the number of funerals in general being taken by Clergy in the UK is decreasing and this parish reflects that demographic despite our own efforts to ensure good relationships with our Funeral Directors in East Grinstead who are the first point of call for bereaved families in the parish.

Deanery Synod

Six members of the laity represent the parish 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 Synod has only met on Zoom for essential business.

St Luke’s Community Room

As part of our outreach to the community we support the work of the Quarry Café run by Sarah Howland out of St Luke’s CR. During the Pandemic the Café has been closed but the Community Fridge and the availability of food, both fresh and cooked meals, has continued for those who need it. The food is donated in large by supermarkets and others and is delivered free of charge to anyone in need. Sarah was recognised during the year for her work by the High Sherriff of West Sussex who presented her with her award in the summer when we were able to meet in person. The Mayor of East Grinstead was also present.

Pastoral Care

During the Pandemic it has not been possible to continue with visits to our Residential Care Homes but we have maintained contact with the staff in those homes. They also access our online worship resources and have found these helpful for the residents. The Pastoral Care Group continues to be led by Lynn Ellis and much good work has continued by telephone especially to those who had to isolate themselves completely. The congregation at St Luke’s also arranged to telephone everyone in that small congregation on a regular basis during the year.

Re-ordering at St Swithun’s

During the year Phase 1 of the reordering project was completed including the restoration of the South Porch floor with the introduction of new glass inner doors. This has made the entrance to the building more welcoming from the High Street. At the West Entrance the floor has been restored, new lighting introduced and glass inner doors, all adding to the welcoming effect. Just inside the West doors the Baptismal Font has been moved to a new position in the South Aisle and a Baptistry area created. This gives an excellent view into the church from the West porch and also facilitates much easier movement in and out of the building for both wedding and funeral parties in particular. The PCC also carried out some long overdue restorative work on the pipe organ. Outside the building the Protestant Martyrs Memorial stones were cleaned and conserved with a generous donation from the St Swithun’s Restoration Trust and other local charities. The tomb of The Revd John Mason Neale also benefited from cleaning and conservation work.

Ecumenical Relationships

The Vicar handed on the Chairmanship of Churches Together in East Grinstead to Dan Baptist of the Jubilee Community Church at the Annual Meeting early in 2020. A Good Friday service was produced online with all the churches taking part as this was during the first period of national lockdown. During the Autumn the ministers continued to meet on Zoom and a Christmas Celebration was recorded for presentation on YouTube. These were well received by the people of East Grinstead.

Andrew Hawken, Vicar of East Grinstead, St Swithun .

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 5 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead – Annual Report for 2020

Statement on Public Benefit

The members of the PCC are aware of the Charity Commission’s guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard to it in their administration of the PCC.

The PCC believes that, by promoting the work of the Church of England in the Parish of St. Swithun, East Grinstead, it helps to promote the whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively and that in doing so, it provides a benefit to the public by:

(i) providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers; and

(ii) promoting Christian values, and service by members of the Church in and to the community, to the benefit of individuals and society as a whole.

Financial Review

  1. The total receipts on general unrestricted funds received were £199,407 (2019: £232,916) and are detailed in the financial statements.

  2. The planned giving through bankers’ orders and envelopes declined by 12% compared to the previous year.

  3. The PCC received one legacy during the year of £8,375 and a donation of £1,000 in memory of a member of the congregation.

  4. Parish expenditure excluding items within the restricted or endowment funds totalled £300,403 (2019: £212,106).

  5. The net result for the year was an excess of expenditure over income of £80,214 after revaluation of investments (2019: Excess of income over expenditure £77,947). After adding back bank and deposit balances at the beginning of the year, the unrestricted fund balance carried forward is £77,582 (2019: £88,578).

  6. Energy statistics – The PCC spent £5,662 on gas and £4,247 on electricity during the year, consuming 164,468kWh of gas and 24,287kWh of electricity.

  7. The following table shows the percentage contribution to income and expenditure:

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 6 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead – Annual Report for 2020

PARISH PLANNED GIVING IN 2020

All giving excluding plate collections amounted to £103,167 and receipt of an additional £23,693 in Gift Aid brought the total up to £126,860. This was a worrying 12% below the equivalent figure for 2019. Some of this was due to the COVID-19 situation with fewer services and the suspension of envelope and cash collections from March, but there have also been reductions in some of the other types of giving.

Electoral Roll Giving

Giving by Electoral Roll members through Bank Standing Order or Direct Debit, Weekly Envelope, Gift Aid Envelope, Online Giving and through the Charities Aid Foundation (CAF) or Workplace Giving Schemes in 2020 totalled £103,167, a fall of 11.5% over the equivalent total in 2019.

The number of people on the Electoral Roll who donated at some point during the year fell slightly to 176. Although we gained a few new givers, the losses included several donors who had given very generously in previous years. Average giving per donor fell by 6.2% from £12.19 per week in 2019 to £11.44 last year. Three fifths of our donors gave less than £10 a week on average.

Income from the Parish Giving Scheme (PGS) was very close to that of last year. Six new donors joined the scheme, including three who switched from Weekly Envelope giving. Two donors passed away during the year. 31 of our 78 donors opted into the facility to increase their payments by the annual rate of inflation at some point during the year; despite this the total amount given of £53,626 is slightly less than was given in 2019. PGS income is now over half of our total Planned Giving income.

Bank Standing Orders (STOs) accounted for 36% of our Planned Giving income. There were 3 new donors in the year, one of whom switched from Weekly Envelope giving and 7 of our 70 donors stopped giving for various reasons. Only one donor increased their monthly or quarterly payments during the year while two reduced their giving. This resulted in donations falling by 9% compared with 2019.

We had 14 Weekly Envelope donors at the beginning of last year. They donated £1,393 before cash donations were stopped in March (a normal year’s total is usually between £6,000 and £7,000). Similarly, Yellow Gift Aid Envelope donations were only £155; however some envelope givers gave by cheque for the rest of the year resulting in income of £7,315 which was 4% lower than in 2019. Income from CAF and other workplace giving schemes fell by 79% to £1,130 due to one particularly generous donor moving away in late 2019.

In May a new online giving scheme through Churchdesk and STRIPE was introduced which attracted 43 donations from 13 donors totalling £2,808. However, commission charges of £82 (2.6% plus 20p per donation) reduced the amount paid to the church.

88% of our Planned Giving was gift aided which added a further £23,692 to our income. This was over 6% lower than last year.

Over the last few years, the level of donations by Electoral Roll givers has been falling behind the annual rate of inflation. The COVID-19 rules and lockdowns have distorted the figures somewhat for 2020; several former cash envelope and plate givers have changed to other payment methods, but a number have not. Whilst being aware that many cash and online donors may not be able to increase their giving because of the financial effects of lockdown it is hoped that some may be persuaded to change their giving to more regular methods such as Bank Standing Orders or Direct Debits. Many of our more established planned giving donors have not increased their donations for several years and it is hoped that some will consider doing so, if only to keep up with inflation.

Residents’ and Visitors’ Giving

Gift Aided donations from 2 East Grinstead residents – i.e. those not on the Electoral Roll but with an RH19 address – and 5 other visitors totalled £55 before lockdown stopped us from handling cash. This is clearly way below what we would normally expect to receive but even in normal times there is little we can do to manage the level of giving by these people.

Plate Collections

Through the HM Revenue & Customs Gift Aid for Small Donations Scheme we can claim a top-up payment from cash put into collections in each of our three churches without the donors having to sign Gift Aid declarations. As with other cash schemes receipts were considerably down on what we would normally expect, and we were only able to claim an additional £282 on money received between January and March 2020.

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 7 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead – Annual Report for 2020

JOHN MONKS Confidential Giving Secretary

21 February 2021

Reserves Policy

It is PCC policy to maintain a balance on unrestricted cash resources which equates to at least six months unrestricted payments to cover emergency situations that may arise from time to time. Current unrestricted cash resources have been maintained at six months budgeted expenditure. This includes certain cash resources held in deposit accounts and the investment funds, which are included within the accounts in the designated fund balance. The Parochial Church Council has a list of projects for outreach and improvements to the parish church which will involve repairs to the tower and necessary work on the organ. Planning has commenced in relation to further reordering improvements. These, together with work arising following the forthcoming quinquennial inspection, would make significant inroads on the existing reserves. It is the PCC policy to invest fund balances in excess of immediate requirements in the C.B.F. Church of England deposit fund. From the end of 2015 the Parochial Church Council has amended its investment policy to place funds in the C.B.F Church of England investment, fixed interest and property funds as well as its deposit fund.

Investment Policy

Assets not immediately required for the Charity’s own use will be invested to achieve a balance of income and capital growth, subject to accepting only a moderate level of risk. The Parochial Church Council has adopted a responsible investment policy. All investments are held in accordance with Church of England ethical investment guidelines.

Risk Management

The principal risks faced by the Charity have been assessed by the trustees and a risk register has been produced to manage the risks and is regularly updated and monitored. A fresh review has been undertaken in accordance with the Criminal Finances Act 2017.

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 8 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead – Annual Report for 2020

The Trustees have given consideration to the Charities SORP (Statement of Recommended Practice) Committees advice in its publication ‘Implications of COVID-19 Control Measures and Charity Financial Reporting’ and to the risks arising as a result of the coronavirus pandemic. The Charity is actively monitoring and managing the situation as it develops. We have adapted our operations and consider that the Charity has adequate reserves and committed future grants and donations from supportive and solvent funders.

Approved by the Parochial Church Council on ……………………….. and signed on their behalf by;

…………………………………………................. The Reverend Andrew Hawken (PCC Chairman)

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 9 of 25

INDEPENDENT EXAMINER’S REPORT

TO THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST SWITHUN’S, EAST GRINSTEAD

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2020 which are set out on pages 11 to 22.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

D Harding ACA FCCA DChA Richard Place Dobson Services Limited Chartered Accountants 1 – 7 Station Road Crawley West Sussex RH10 1HT

Dated: …………………………………………..

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 10 of 25

The Parochial Church Council of The Parochial Church Council of The Parochial Church Council of the Ecclesiastical Parish the Ecclesiastical Parish the Ecclesiastical Parish the Ecclesiastical Parish of St Swithun’s, of St Swithun’s,
East Grinstead
Statement of Financial Activities
for the year ended 31 December 2020
Unrestricted Designated Restricted Endowment
Year Ended		 Year Ended
Funds Funds Funds Funds 31 Dec 2020 31 Dec 2019
£ £ £ £ Total Funds Total Funds
INCOMING RESOURCES Notes £ £
Donations and Legacies 2a 135,320 - 10,697 -
146,017		 167,828
Other fundraising Activities 2b 3,829 - - -
3,829		 7,233
Investments 2c 34,076 - - 15
34,091		 36,378
Church Activities 2d 17,826 - 1,702 -
19,528		 42,804
Total Incoming Resources
RESOURCES EXPENDED
Costs of Raising Funds		 191,051 - 12,399 15
203,465		 254,243
Voluntary Income 3a - - - -
-		 -
Fundraising Costs 3b - - - -
-		 1,236
Costs of renting property
Expenditure on Charitable		 3c 2,549 - - -
2,549		 2,290
Activities
Church Activities 3d 297,854 - 5,418 4,815
308,087		 233,601
Total Resources
Expended 300,403 - 5,418 4,815
310,636		 237,127
Net Incoming Resources (109,352) - 6,981 (4,800)
(107,171)		 17,116
before gains / (losses) on
investments and
transfers
Revaluation on investments - 26,976 - -
26,976		 60,831
Transfers between funds 90,000 (90,000) (88) 88
-		 -
Net Movement in Funds (19,352) (63,024) 6,893 (4,712)
(80,195)		 77,947
Reconciliation of Funds
Total Funds Brought
Forward At 1 January 2020 88,578 1,015,476 33,735 7,402
1,145,191		 1,067,244
Total Funds Carried
Forward at 31 December 69,226 952,452 40,628 2,690
1,064,996		 1,145,191
2020
The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 11 of 25
The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020
The Parochial Church Council of the Ecclesiastical Parish
East Grinstead
Balance Sheet as at
31 December 2020
Approved by the PCC on …………………….. and signed on their behalf by;
…………………………………………
The Reverend Andrew Hawken (PCC Chairman)
…………………………………………
Jeremy Kaye (PCC Treasurer)
Notes
Unrestricted
Fund
Designated
Fund
Restricted
Fund
Endowment
Funds
£
£
£
£
FIXED ASSETS
7
-
450,000
-
-
INVESTMENTS
Investment Fund
8
-
502,452
-
-
TOTAL FIXED ASSETS
-
952,452
-
-
CURRENT ASSETS
Debtors
9
10,829
-
-
-
Bank Current Accounts
52,116
-
31,564
2,690
Bank Reserve Accounts
78
-
-
-
Central Board of Finance
17,571
-
-
-
Restricted Bank &
Building Society Accounts
-
-
8,896
-
Cash in Hand
156
-
168
-
Total Current Assets
80,750
-
40,628
2,690
LIABILITIES
Amounts Falling Due
Within One Year
10
(11,524)
-
-
-
Net Current Assets
69,226
-
40,628
2,690
NET ASSETS
69,226
952,452
40,628
2,690
FUNDS
Unrestricted
11
69,226
-
-
-
Designated
11
-
952,452
-
-
Restricted
11
-
-
40,628
-
Endowment
11
-
-
-
2,690
69,226
952,452
40,628
2,690		 – Final Page 12 of 25
of St Swithun’s,

2020
2019
£
£
450,000
450,000
502,452
570,188
952,452
1,020,188
10,829
12,961
86,370
68,046
78
78
17,571
37,432
8,896
11,621
324
363
124,068
130,501
(11,524)
(5,498)
112,544
125,003
1,064,996
1,145,191
69,226
88,578
952,452
1,015,476
40,628
33,735
2,690
7,402
1,064,996
1,145,191

The Parochial Church Council of the Ecclesiastical Parish of St Swithun’s, East Grinstead

Notes to the Financial Statements for the year ended 31 December 2020

1. ACCOUNTING POLICIES

(a) Accounting Convention

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention with the exception of investments and freehold land and buildings which are included at market value.

(b) Funds Accounting

Funds held by the PCC are:

Unrestricted Funds – general funds which can be used by the PCC for its ordinary purposes.

Restricted funds – monies subject to specific conditions imposed by the donor or fundraising events held for particular purposes. Any balance remaining unspent at the year-end is carried forward as a balance on that fund.

Endowment funds – funds the capital of which must be maintained; only income arising from the investment of the endowment may be used, either as restricted or unrestricted funds, depending on the purpose set out in the terms of the original endowment.

Designated funds – general funds set aside for use by the PCC for a specific purpose.

(c) Incoming Resources All incoming resources are accounted for gross, with the exception of church fees, which are shown net of the fees paid to the diocese, for whom the PCC acts as an agent.

Voluntary Income; Collections are recognised when received. Planned giving receivable is recognised only when received. Income tax recoverable on Gift Aid donations is recognised when the income to which they relate is received. Grants and legacies are recognised when the PCC is legally entitled to the amount due.

Income from Investments

Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue.

All Other Income

All other income is recognised when it is receivable.

Gains and Losses on Investments

Realised gains are recognised when the investment is sold. Unrealised gains and losses are accounted for on revaluation.

(d) Expenditure recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants; Grants and donations are accounted for when paid over, or when awarded where the award creates a binding obligation on the PCC.

Church Activities; The diocesan parish share is accounted for when paid.

(e) Support and Governance Costs

Support costs have been split between governance costs and support costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to statutory audit, legal fees and bank charges. Support costs relate to all costs associated with running the church and the church hall including costs such as light and heat, insurance, salary costs etc.

All support and governance costs are in relation to charitable activities which only include one heading of church activities.

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 13 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun’s, East Grinstead

Notes to the Financial Statements for the year ended 31 December 2020

1. ACCOUNTING POLICIES (cont)

(f) Fixed Assets

Tangible Fixed Assets; Consecrated and beneficed property of any kind is excluded from the Financial Statements by Section 96(2) of the Charities Act 2011.

Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are accounted for as inalienable property unless consecrated. They are listed in the Church’s inventories, which can be inspected. Such assets have not been valued in the Financial Statements. All expenditure on consecrated or beneficed buildings and individual items costing under £700 are written off in the year they were incurred.

Where fixed assets have been donated, they are included in the balance sheet at their current value at the date of the gift and also included in the Statement of Financial Activities as an incoming resource.

Freehold land and buildings are included at a valuation, details of which are included in note 7.

Depreciation; Depreciation is calculated to write down the cost less estimated residual value of tangible fixed assets, excluding freehold properties, over their expected useful lives. The rate applicable to the office equipment is 25% straight line. No depreciation is provided on freehold property and its valuation is detailed in note 7. The residual value is estimated to be in excess of the cost of the property, which makes any depreciation charge immaterial. Such property will be subject to annual impairment reviews. Provision will be made if there has been any permanent diminution in value.

(g) Investments

Investments are initially recognised at their transaction value and subsequently measured at the market value at the balance sheet date using the closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year. The trust does not acquire or use put options, derivatives or other complex financial instruments. All gains and losses are taken to the statement of financial activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their carrying value. Realised and unrealised gains and losses are combined in the Statement of Financial Activities.

(h) Current Assets

Amounts owing to the PCC at 31 December in respect of hall hire charges and other income, as well as repayment of Council Tax are shown as debtors, less any provision for amounts considered uncollectable.

2. INCOMING RESOURCES

(a) Voluntary Income
Including planned
giving and income
tax recoverable
(b) Activities for
Generating Funds
Including car park
charges and fund
raising events
(c) Investment
Income
(d) Income from
Church Activities
Including hall
lettings and church
fees
Total
Incoming Resources		 Unrestricted
Funds
£
Designated
Funds
£
Restricted
Funds
£
Endowment
Funds
£
Total
Funds
2020
£
135,320
-
10,697
-
146,017
3,829
34,076
-
-
-
-
-
15
3,829
34,091

17,826
-
1,702
-
19,528
191,051
-
12,399
15
203,465

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 14 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun’s, East Grinstead

Notes to the Financial Statements for the year ended 31 December 2020

2. INCOMING RESOURCES (cont)

2019 COMPARATIVES

(a) Voluntary Income
Including planned
giving and income
tax recoverable
(b) Activities for
Generating Funds
Including car park
charges and fund
raising events
(c) Investment
Income
(d) Income from
Church Activities
Including hall
lettings and church
fees
Total
Incoming Resources		 Unrestricted
Funds
£
Designated
Funds
£
Restricted
Funds
£
Endowment
Funds
£
Total
Funds
2019
£
157,748
-
10,080
-
167,828
7,233
35,989
-
-
-
-
-
389
7,233
36,378

31,946
-
10,858
-
42,804
232,916
-
20,938
389
254,243

Income tax recoverable amounting to £23,693 (2019: £26,881) includes a provision of £8,455 (2019: £8,515), which represents tax recoverable on gift aided donations for the period from 6 April 2020 to 31 December 2020 other than under the PGS scheme which credits tax recoverable at the time the donation is made. Repayment of this tax will not be received until the gift aid claim is approved by HM Revenue and Customs for the period to 31 December 2020.

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 15 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun’s, East Grinstead

Notes to the Financial Statements for the year ended 31 December 2020

3. RESOURCES EXPENDED

RESOURCES EXPENDED
(a) Cost of generating
Voluntary Income
(b) Fund Raising
Trading Costs
(c) Cost of renting
property
(d) Church Activities
General church
activities (as below)
Reordering costs
Total Resources
Expended
2019 COMPARATIVES
(a) Cost of generating
Voluntary Income
(b) Fund Raising
Trading Costs
(c) Cost of renting
property
(d) Church Activities
Including parish
contribution, hall
running expenses,
admin cost, church
maintenance and
outward giving
Total Resources
Expended		 Church
Activities
£
Support and
Governance
costs
£
Total
2020
£
-
-
-
-
2,549
-
-
-
2,549
133,117
129,569
45,401
-
178,518
129,569
265,235
45,401
310,636
Church
Activities
£
Support and
Governance
costs
£
Total
2019
£
-
-
-
1,236
2,290
-
-
1,236
2,290
178,204
55,397
233,601
181,730
55,397
237,127

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 16 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun’s, East Grinstead

Notes to the Financial Statements for the year ended 31 December 2020

3.Resources Expended (cont)

In 2020 the expenditure on charitable activities was £308,087 (2019: £233,601) of which £297,854 (2019: £208,539) was unrestricted and designated, £5,418 (2019: £15,272) was restricted and £4,815 (2019: £9,794) was endowment costs.

Payments were made to the Independent Examiner of £3,000 (2019: £3,000) for independent examination fees and £240 (2019: £960) for other services.

4. ALLOCATION OF SUPPORT AND GOVERNANCE COSTS

A breakdown of the support and governance costs which are included within Church Activities.

Support Costs
Staff Costs - Administration
Church Running costs and
maintenance
Hall Running costs
Office expenses
Governance Costs
Bank charges
Independent Examiner costs
Total		 Total
2020
£
Total
2019
£
10,616
10,398
12,733
16,393
14,902
17,328
3,867
7,294
42,118
51,413
43
24
3,240
3,960
3,283
3,984
45,401
55,397

5. STAFF COSTS

Number of employees

The average monthly number of employees during the year was:

Administrator
Organist
Cleaners
Wages and Salaries
Pension costs		 2020
Numbers
1
1
3
5
2020
£
22,283
128
22,411		 2019
Numbers
1
1
3
5
2019
£
23,871
114
23,985

The Youth Worker, Mrs Deborah Matthews, who is a member of the PCC, was paid £2,077 until April 2019 However, she was not present when her salary is discussed / reviewed.

There were no employees whose annual remuneration was £60,000 or more.

There were no other disclosable transactions in respect of PCC members, nor persons closely connected to them nor other related parties.

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 17 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun’s, East Grinstead

Notes to the Financial Statements for the year ended 31 December 2020

6. PARISH SHARE

The contribution of £82,000 paid to the Chichester Diocesan Fund and Board of Finance represents the cost of stipend, pension, national insurance contributions and housing for one clergyman of £43,904; Training and clergy support £11,958, ministry support costs £2,871, parish support services £12,083, and national church responsibilities £3,219, totalling £74,035 and an additional payment of £7,965. Wedding and funeral fees are also paid to the diocese totalling £9,858.

7. FIXED ASSETS

Tangible fixed assets
Gross Book Value
At 1 January 2020
At 31 December 2020
Depreciation
At 1 January 2020
Provided in the year
At 31 December 2019
Net Book Value
At 31 December 2019
At 31 December 2020		 Freehold
Land &
Buildings
£
450,000
450,000
-
-
-
450,000
450,000		 Office
Equipment
£
11,509
11,509
11,509
-
11,509
-
-		 TOTAL
£
461,509
461,509
11,509
-
11,509
450,000
450,000

Comparable Historical cost for the buildings included at valuation :

Cost
Accumulated Depreciation		 Total
2020
£
Total
2019
£
310,000
310,000
-
-
310,000
310,000

The freehold buildings comprise:

21 Bourg de Peage Avenue, purchased for occupation by the curate and his family in April 2008 for £310,000 was funded in part by a Diocesan loan repaid in October 2014. It was included at valuation by Park & Bailey at 26 January 2009 of £290,000. The trustees have looked at market conditions and similar property sales and have revalued this property to £340,000 in December 2014.

Sunnyside Hall, this building became vested in the Parochial Church Council on 25 March 2007, when the previous lease terminated. It is included at valuation by Park & Bailey at 26 January 2009 of £100,000. The trustees have considered the 2009 valuation and after comparing to market conditions, the trustees consider the 2009 valuation is still valid.

The Church Hall is an extension to the church, is built on consecrated land, cannot be sold separately to the main Church and being inalienable it is not considered appropriate to place any value on it.

The Freehold land comprises two plots on the southside of East Grinstead known as lots 1479 and 1876 in the Deeds. Lot 1479 is on Coombe Hill Road and lot 1876 is at the corner of Coombe Hill Road and West Hoathly Road.

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 18 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun’s, East Grinstead

Notes to the Financial Statements for the year ended 31 December 2020

7. FIXED ASSETS (cont)

The Parochial Church Council considers that these plots have a current value of £10,000 and they have been so valued by Park & Bailey. The trustees have considered the 2009 valuations and after comparing to market conditions, the trustees consider the 2009 valuation is still valid.

In accordance with the Statement of Recommended Practice, the trustees undertook a revaluation of the fixed assets at December 2014.

The office equipment comprises two office computers, a Risograph printer and ChurchDesk©.

8. INVESTMENTS

Investment Shares:
Market Value as at 1 January 2020
Sales
Transfer to diocese
Gain on Revaluation
Market Value as at 31 December 2020
Accumulated Income:
As at 1 January 2020
Income for the year
Withdrawn
As at 31 December 2019

Historical Cost (designated investment)
At 31 December 2020
At 31 December 2019		 Designated
Funds
£
Endowment
Funds
£
565,476
-
(90,000)
-
-
-
26,976
-		 Total
2020
£
565,476
(90,000)
-
26,976
502,452
4,712
275
(4,987)
-
502,452
395,000
485,000		 Total
2019
£
514,424
-
(9,779)
60,831
502,452
-		 565,476
-
4,712
-
275
-
(4,987)		 4,338
374
-
-
-		 4,712
502,452
-		 570,188

Following the sale of St. Luke’s Clergy House and the church, the Parish invested the sales proceeds. Income received on investments is initially reflected as investment income within designated funds. This is then transferred to unrestricted funds as it is considered to represent unrestricted income and is available for use as the trustees see fit.

Date Shares acquired No of shares Cost (£)
November 2014 CBF Fixed Interest Securities Fund (income) 164,915.71 270,000
November 2014 CBF Investment Fund (income) 3,752.96 50,000
August 2015 CBF Fixed Interest Securities Fund (income) 60,679.61 100,000
August 2015 CBF Investment Fund (income) 1,805.47 25,000
March 2017 CBF Investment Fund (income) 3.208.73 50,000
June 2017 CBF Investment Fund (income) 7,057.03 115,000
April 2018 CBF Investment Fund (income) 3,947.58 62,500
April 2018 CBF Property Fund (income) 44,751.54 62,500
Shares sold Proceeds (£)
November 2016 CBF Fixed Interest Securities Fund (income) 5,901.10 10,000
June 2017 CBF Fixed Interest Securities Fund (income) 66,751.80 115,000
April 2018 CBF Fixed Interest Securities Fund (income) 76,627.28 125,000
August 2020 CBF Fixed Interest Securities Fund (income) 53,345.98 90,000

The investment shares used to include 592 shares in the CBF Investment Fund (income) shares, which has now been transferred. Investments are held primarily to provide an investment return for the church.

All investment assets are held in the UK.

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 19 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun’s, East Grinstead

Notes to the Financial Statements for the year ended 31 December 2020

9. DEBTORS

DEBTORS
Prepayments and Accrued Income
Gift aid Tax Reclaim
Other debtors		 Total
2020
£
2,374
8,455
-
10,829		 Total
2019
£
3,996
8,515
450
12,961

Included within debtors for 2020 are unrestricted debtor balances of £10,829 (2019: £12,961) and £Nil (2019: £NIL) relating to restricted funds.

10. CREDITORS

Amounts Falling Due Within One Year

Amounts Falling Due Within One Year
Accruals for Utilities
Other Creditors		 Total
2020
£
2,197
9,327
11,524		 Total
2019
£
1,880
3,618
5,498

Creditor balances were as follows: Unrestricted £11,524 (2019: £5,498), restricted £Nil (2019: £NIL).

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 20 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun’s, East Grinstead

Notes to the Financial Statements for the year ended 31 December 2020

11. STATEMENT OF FUNDS

The designated fund includes £140,000 (2019: £140,000) of revaluation gains and losses relating to fixed assets and £107,639 (2019: £84,203) relating to fixed asset investments.

STATEMENT OF FUNDS 2020

STATEMENT OF FUNDS 2020
Designated Funds
Land and building
Investments
Unrestricted Funds
Restricted Funds
Outward Giving Donations
St Swithun’s Chancel Trust
St Swithun’s:
Flower Fund
Bell ringers Fund
Social Committee
Coffee Shop
Vicar's Discretion
Open House
Choir Management Group
Donations to Floodlighting Sponsorship
Fabric Fund
Youth Donations
Verger’s Fees
Piano Fund
St Luke’s:
Flower Fund
Women’s Club
Tea and Toys Toddler Group
Teddies
Fabric Fund
St Barnabas Fabric Fund
Sunnyside Rent Deposit
Endowment Funds
St Swithun’s Chancel Trust (see note)
Betchley Trust Fund
St Swithun’s Crawfurd Trust		 Bal B/fwd
1 Jan 20
£
Income
£
Expenditure
£
450,000
565,476
-
-
-
-		 Transfers,
Other
Gains &
Losses
£
Bal C/fwd
31 Dec 20
£
-
(63,024)
450,000
502,452
1,015,476
88,578
-
191,051
-
(300,403)
-
-
472
275
(472)
-
480
538
(485)
2,181
224
(342)
750
90
-
5,540
353
(3,546)
55
-
-
424
150
(270)
793
165
(120)
150
95
(80)
5,504
8,956
-
368
-
-
225
-
(30)
6,030
900
-
135
-
-
203
45
-
952
115
(54)
584
21
(19)
3,723
-
-
4,791
-
-
847
-
-
33,735
12,399
(5,418)
4,712
-
(4,800)
2,510
15
(15)
180
-
-
7,402
15
(4,815)
1,145,191
203,465
(310,636)		 (63,024)
90,000
952,452
69,226
-
(88)
-
187
-
533
-
2,063
-
840
-
2,347
-
55
-
304
-
838
-
165
-
14,460
-
368
-
195
-
6,930
-
135
-
248
-
1,013
-
586
-
3,723
-
4,791
-
847
(88)
40,628
88
-
-
2,510
-
180
88
2,690
26,976
1,064,996

The endowment funds comprise the following:

(i) From 2019 only the income from St. Swithun’s Chancel Trust held by the Diocese of Chichester is available to the parish and income accumulated is £187 (2018: £4,712) which may be applied towards the church insurance premium and £4,800 was applied during the year. The Chancel Trust Fund will now be treated as a restricted fund..

(ii) Betchley Trust Fund held on behalf of St. Luke’s Church in the CBF Deposit Fund with a value of £2,510, the interest on which contributes to the curate’s stipend.

(iii) St. Swithun’s Crawfurd Trust Fund held in the CBF Deposit Fund with a value of £180 (2019: £180) the interest on which is available to maintain a Sanctuary lamp.

(iv) The designated fund represents funds which are tied up in the property and the investments held by the client, these funds are not easily accessible and are amended in line with the value of the property and investments held in the accounts.

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 21 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun’s, East Grinstead

Notes to the Financial Statements for the year ended 31 December 2020

11. STATEMENT OF FUNDS CONTINUED

STATEMENT OF FUNDS 2019

STATEMENT OF FUNDS 2019
Designated Funds
Land and building
Investments
Repairs
Unrestricted Funds
Restricted Funds
Outward Giving Donations
St Swithun’s:
Flower Fund
Bell ringers Fund
Social Committee
Coffee Shop
Vicar's Discretion
Open House
Choir Management Group
Donations to Floodlighting Sponsorship
Fabric Fund
Youth Donations
Verger’s Fees
Piano Fund
St Luke’s:
Flower Fund
Women’s Club
Tea and Toys Toddler Group
Teddies
Fabric Fund
St Barnabas Fabric Fund
Sunnyside Rent Deposit
Endowment Funds
St Swithun’s Chancel Trust (see note)
Betchley Trust Fund
St Swithun’s Crawfurd Trust		 Bal B/fwd
1 Jan 19
£
Income
£
Expenditure
£
450,000
504,645
-
-
-
-
-
-
-		 Transfers,
Other
Gains &
Losses
£
Bal C/fwd
31 Dec 19
£
-
60,831
-
450,000
565,476
-
954,645
67,723
-
232,916
-
(212,061)
45
4,845
(4,890)
511
2,556
(2,587)
1,986
1,825
(1,630)
1,181
1,129
(1,560)
5,374
1,578
(1,412)
385
-
(330)
347
701
(624)
633
1,600
(1,440)
20
330
(200)
4,919
585
-
440
70
(142)
255
-
(30)
1,710
4,320
-
135
-
-
158
45
-
-
1,045
(93)
609
309
(334)
3,723
-
-
4,791
-
-
847
-
-
28,069
20,938
(15,272)
14,118
373
(9,779)
2,510
15
(15)
179
1
-
16,807
389
(9,794)
1,067,244
254,243
(237,127)		 60,831
-
1,015,476
88,578
-
-
-
480
-
2,181
-
750
-
5,540
-
55
-
424
-
793
-
150
-
5,504
-
368
-
225
-
6,030
-
135
-
203
-
952
-
584
-
3,723
-
4,791
-
847
-
33,735
-
4,712
-
2,510
-
180
-
7,402
60,831
**1,145,191 **

12. CONTRACTUAL COMMITMENTS

The Parochial Church Council has entered into contract with Pierre Renovation Limited for repairs to the tower stonework to the value of £33,500.

13. IMPACT OF COVID-19

As a direct consequence of the Coronavirus (COVID 19) pandemic, and in accordance with UK government guidelines St Swithun’s PCC ceased all activity on 21 March 2020 for an indeterminate period.

At the date of approval of the accounts it has not been possible to quantify or ascertain with any certainty the financial impact of COVID-19. No adjustments have been made to any figures in the accounts as a result of the pandemic.

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 22 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun’s, East Grinstead

Detailed notes to the Statement of Financial Activities

INCOMING RESOURCES

INCOMING RESOURCES
(a) Voluntary Income
Planned Giving
Collection at all
Services
Sundry Donations and
Appeals
Chancel Trust Grant
Income Tax
Recoverable
Legacies
(b) Activities for
Generating Funds
Car Park Charges
Other Fund Raising
Events
(c) Investment Income
Dividends & Interest
Rental income
(d) Income from Church
Activities
Church Hall Lettings
Church Fees
Bookstall
Rates refund
Feed in Tariff
Furlough scheme
Arts & Music Festival
Miscellaneous Income
Bell ringers Fund
Flower Funds
Social Committee
Coffee Mornings/Shop
Open House
Women’s Club
Tea & Toddler Group
Teddies
St. Swithun’s Choir
Management Group
Incoming Resources		 Unrestricted
Funds
£
Designated
Funds
£
Restricted
Funds
£
Endowment
Funds
£
Total
Funds
2020
£
Total
Funds
2019
£
103,167
-
-
-
103,167
116,569
1,747
-
-
-
1,747
12,719
6,713
-
-
-
2,047
275
-
-
8,760
275
11,659
-
23,693
-
-
-
23,693
26,881
-
-
8,375
-
8,375
-
135,320
-
10,697
-
146,017
167,828
3,829
-
-
-
3,829
6,347
-
-
-
-
-
886
3,829
-
-
-
3,829
7,233
17,756
16,320
-
-
-
-
15
-
17,771
16,320
20,058
16,320
34,076
-
-
15
34,091
36,378
8,486
-
-
-
8,486
18,348
4,432
-
-
-
4,432
9,734
109
-
-
-
109
645
-
-
-
-
-
1,474
1,624
2,428
-
-
-
-
-
-
-
-
-
-
1,624
2,428
-
519
-
942
747
-
-
-
747
354
-
-
224
-
224
1,825
-
-
538
-
538
2,557
-
-
90
-
90
1,129
-
-
353
-
353
1,578
-
-
150
-
150
701
-
-
45
-
45
45
-
-
116
-
116
1,044
-
-
21
-
21
309
-
-
165
-
165
1,600
17,826
-
1,702
-
19,528
42,804
191,051
-
12,399
15
203,465
254,243

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 23 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun’s, East Grinstead

Detailed notes to the Statement of Financial Activities RESOURCES EXPENDED

(a) Cost of generating
Voluntary Income
Envelope Scheme
(b) Fund Raising Trading
Costs
Bookstall & Baubles
(c) Cost of letting property
(d) Church Activities
Missionary & Charitable
Giving
Church Overseas
Home Missions and other
Church Societies
Ministry Costs:
Parish Share
Church Insurance
Other Clergy Costs
Capital Expenditure
Reordering Costs
Church Running exps
Church Maintenance
St Luke’s Fit out
Upkeep of Services
Junior Church & Youth
Music
Outreach & Evangelism
Church Halls Running
Costs
Arts & Music Festival
Parish Office Expenses
Administrator
Curate’s Leaving Gift
Miscellaneous
Bank Charges
Bell ringers Fund
Flower Funds
Social Committee
Coffee Shop
Open House
Women’s Club
Tea & Toys Toddler Group
Teddies
St. Swithun’s Choir
Management Group
Accountancy Fees
Computerisation of
accounts
Transfer to diocese
Total Resources
Expended		 Unrestricted
Funds
£
Designated
Funds
£
Restricted
Funds
£
Endowment
Funds
£
Total
2020
£
Total
2019
£
-
-
-
-
-
-
-
-
-
-
-
1,236
2,549
-
-
-
2,549
2,290
6,200
-
360
-
6,560
7,198
5,800
-
62
-
5,862
11,727
12,000
-
422
-
12,422
18,925
81,985
-
-
15
82,000
80,000
1,100
-
-
4,800
5,900
5,810
6,859
-
-
-
6,859
8,497
9,395
129,569
7,593
-
-
-
-
-
80
-
-
-
9,395
129,569
7,673
23,019
-
4,978
4,320
-
-
-
4,320
11,415
-
-
-
-
-
-
666
-
-
-
666
1,563
776
-
50
-
826
3,262
10,696
-
-
-
10,696
12,208
-
-
-
-
-
330
14,902
-
-
-
-
-
-
-
14,902
-
17,328
3,282
3,867
-
-
-
3,867
7,294
10,616
-
-
-
10,616
10,398
-
-
-
-
-
-
227
-
-
-
227
1,667
43
43
24
-
-
342
-
342
1,630
-
-
485
-
485
2,587
-
-
-
-
-
1,560
-
-
3,576
-
3,576
1,594
-
-
270
-
270
624
-
-
-
-
-
-
-
-
54
-
54
93
-
-
19
-
19
334
-
-
120
-
120
1,440
3,000
-
-
-
3,000
3,000
240
-
-
-
240
960
-
-
-
-
-
9,779
297,854
-
5,418
4,815
308,087
233,601
300,403
-
5,418
4,815
310,636
237,127

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 24 of 25

The Parochial Church Council of the Ecclesiastical Parish of St Swithun’s, East Grinstead

Detailed notes to the Statement of Financial Activities

OUTWARD GIVING DONATIONS - MISSIONARY & CHARITABLE GIVING

Overseas
US
Mission Aviation Fellowship
Embrace the Middle East
Practical Action
Mercy Ships
CMS
Mission to Seafarers
Tear Fund
Send a Cow at Harvest
Bible Society		 Total
£
Home
1,090
Diocesan Family Support Work
1,090
990
800
St. Catherine’s Hospice
Crawley Open House
Church Army
500
Chestnut Tree House Children’s Hospice
500
490
East Grinstead Food Bank
Samaritans Tunbridge Wells
400
400
East Grinstead Street Pastors
Royal British Legion
300
6,560		 Total
£
1,300
1,000
800
700
700
700
400
200
62
5,862

The Parochial Church Council of the Ecclesiastical Parish of St Swithun, East Grinstead. Annual Report 2020 – Final Page 25 of 25