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2020-12-31-accounts

St Peter’s Church Darwen

Agenda and Annual Reports for the APCM

Wednesday 19[th] May 2021

To receive the accounts ending 31[st] December

2020

(3 elected members)

BRIEF MEETING OF THE NEWLY ELECTED PCC

DATES:

Visitation for clergy & Church Wardens 10[th] June 2021 PCC meeting – Wednesday 16[th] June 7.30pm via zoom

Agenda

From the Vicar

In a change to our usual reports, due to Covid-19, the groups that usually meet at St Peter’s and report on all their activities have not been able to do so. Therefore we have the statutory reports only. This does not mean that nothing has happened at church for the past 14 months though. 2020 began with the reports of a virus coming from China, little did we know then how much it would affect and change our lives. We closed for public worship on 23[rd] March, and like so many churches, moved everything online. This was a steep learning curve for us all. It was with great rejoicing we reopened on 12[th] July, albeit with masks, sanitiser and social distancing. Another spell of closure in November and we were back for most of Advent and Christmas. I would like to thank you all for your prayers, help and support over these very difficult months for us all. And whilst I cannot predict what the future holds, I hope and pray that soon we will be able to all meet again at church, sing hymns of praise, share the peace and have a cup of coffee after our worship together. With my prayers,

Fleur Green, Vicar

Church Wardens Report

Firstly a thank you to Phil for all the work he did while church warden. Due to the covid outbreak very little has been done over the last year, the main things have been ,annual service of the gas boiler, service and maintenance of the roof alarm, and the yearly clearing of leaves from the gutters. Church had a energy and lighting audit and should get a report back from the consultant. and the last thing is to welcome John Brotherton as the new church warden.

D.Hargreaves, Church Warden

Doug Hargreaves, Margaret Massey and I are the St Peter’s representatives on the Deanery Synod.

Only one meeting of the Deanery Synod has taken place since the last APCM was held: this was on 17[th] March 2021. Our Vicar, Fleur (Rev Canon Fleur Green), who is the Area Dean, chaired the meeting. Owing to the Covid virus restrictions the meeting took place via Zoom.

The greater part of the meeting was devoted to presentation by the Revd Sarah Gill of St James, Church, Blackburn, on ministry in Presence and Engagement parishes in the Deanery. If anyone is interested in receiving further information about this I would be happy to provide it.

Anne Carus, Deanery Synod Representative and Secretary of the Blackburn with Darwen Deanery Synod

Safeguarding

At St Peter’s Church we have continued to follow the guidelines as set out by both the Diocese of Blackburn and the Church of England. Safeguarding as I have said before is everyone’s responsibility to make sure that our children, young adults, and those who are vulnerable are looked after and protected. During this difficult time, we have adapted to make sure that procedures were adhered to. An online world does not mean that our safeguarding responsibilities stop, in fact it is vital that we encourage our young people to use the internet in a safe way and I know that the Board of Education have supported and guided people on this. Safeguarding others should be on everyone’s agenda and if you need any further support, guidance or wish to complete the training let me know.

Michelle Nuttall, Safeguarding Officer

Electoral Roll

Blackburn with Darwen Deanery Synod

At the last APCM, the number of persons on the Electoral Roll was 151.

3 Persons deceased and 1 person moved away reducing number of persons on the Roll to 147 and the Roll was amended on 15th October 2020. Since the amendment in October two more persons have deceased and the roll was amended to 145 on 27th April 2021. Therefore, at the time of writing this report to the APCM there are 145 persons on the Electoral Roll.

Adrian Morgan, Electoral Roll Officer

Charity Registration No. 1131646

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mrs S Smith Mrs E Jefferson Mrs J Cocker Mrs J Stewart Mr H Gilbraith Mrs M Nuttall Mrs M Massey Rev'd Canon F Green Mrs S Walker Mr P Leather Charity number 1131646 Independent examiner David Wood Wilson BA FCA Hindle Jepson & Jennings Ltd 10 Borough Road Darwen Lancashire Bankers HSBC HSBC - Blackburn 60 Church Street Blackburn Lancashire BB1 5AS Lloyds Bank 213-215 Duckworth Street Darwen BB3 1AU

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

CONTENTS

Page
Trustees' report 1 - 4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the financial statements 8 - 13

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

The trustees presents it’s report and financial statements for the year ended 31 December 2020.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charities Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 2016)

Objectives and activities

St Peter’s, Darwen PCC has the responsibility of co-operating with the Vicar, the Rev’d Canon Fleur Green, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the Church complex and grounds of St Peter’s Church, Darwen. Members of the PCC are nominated and seconded for election to the Council at our APCM.

Membership

Members of the PCC are either ex-oifficio or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules.

Committees

The PCC operates through a number of committees, which meet between full meetings of the PCC:

Standing Committee:

This is the only committee required by law. It has power to transact the business of the PCC between its meetings, subject to any directions given by the Council. It is made up of the Vicar, Church wardens, PCC treasurer, PCC Secretary and Vice Chair.

Finance Group:

This Group was formed to work alongside the Incumbent and the Church wardens to plan and have oversight of the Parish income and expenditure.

Fabric Team

The Fabric Team are to monitor and look after the fabric of the church. They bring any work that needs doing to the attention of the PCC, and are often able to offer their own talents to be able to complete these pieces of work.

Fundraising Team

This team looks at annual fundraising events for church. Over the past year there has only been a Shrove Tuesday Quiz Night and a Smartie Tube Collection. This runs alongside the 100 Club and has led to a good amount of money raised through the year.

Projects team

An update of their work is to be found later in the report.

Church Attendance

2020 has been an interesting year due to lockdowns and living through the pandemic. We closed on 15th March for public worship and then completely on 23rd March. Reopening took place on 12th July and apart from 8th November to 6th December, we remained open for Sundays and Wednesdays services from September onwards. We have created and maintained an online presence through Facebook and YouTube, where we have streamed our services each Sunday. It has therefore been next to impossible to work out church attendance for this year.

The trustees has paid due regard to guidance issued by the Charity Commission in deciding what activities the St Peter's should undertake.

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

Achievements and performance

The PCC has met 8 times during this last year and the standing committee has met 4 times. The average attendance at meetings has been steady throughout the year and we moved to online meetings from May onwards.

We have continued to work on our VISION priorities and upheld them in prayer as well as use them as a benchmark for all that we do.

The PCC has during the last year completed all of its responsibilities through the work of the churchwardens and other members, including

~ the registration of PCC members as Trustees with the Charity Commission.

~ Reviewed our Communion Assistants and nominated them to the Bishop.

~ Reviewed our fee structure for Weddings and Funeral (this is an annual review)

~ Heard the reports from the various committees made up of PCC members and also the reports from the Deanery Synod reps.

We are requested, as Charity Law states, to state that no member of the PCC received payment for carrying out their duties in this last financial year.

I commend this Annual Report to the Parish of St Peter’s, Darwen and thank all those who work so hard in our parish and who respond willingly to God’s call to use their time talents and money in his service in this place.

On behalf of the PCC

Rev’d Canon Fleur Green

Financial review

These accounts have been produced to show the overall financial position and therefore do not contain the detailed information of every individual fund.

Another important feature of these accounts is the way that funds are divided into the following categories, according to the manner in which we are allowed to spend;

Reserves held at 31 December 2020 were £110,090 (2019: £122,272)

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

It is the policy of the St Peter's that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the St Peter's’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

The trustees have assessed the major risks to which the St Peter's is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

The members of the trustees who served during the year and up to the date of signature of the financial statements were:

Mr P Jackson (Resigned 1 January 2020) Mrs S Smith Mrs E Jefferson Mrs J Cocker Mrs E Jackson (Resigned 1 January 2020) Mrs J Stewart Mr H Gilbraith Mrs M Nuttall Mrs M Massey Rev'd Canon F Green Mrs S Walker Mr P Leather

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules.

During the year the following served as members of the PCC:

Vicar: The Rev’d Canon Fleur Green Readers: Mrs Janet Upton Wardens: Mr Douglas Hargreaves Mr Philip Leather (Until October 2020) Mr John Brotherton (from October 2020) Representatives in the Deanery Synod ~ ex-officio Mr Douglas Hargreaves Mrs Margaret Massey Miss Anne Carus Date for re-election of elected members: Mrs Sharon Smith (2021) Mrs Emma Jefferson (2021) Mrs Margaret Massey (2021) (Deanery Synod Rep from Oct 2020) Mrs Sarah Walker (2023) Mr Philip Leather (2023) Mrs Jan Cocker (2023) Mrs Emily Banks (2023) Mrs June Stewart (2023) Mr Henry Gilbraith (2023) (PCC Treasurer) Mrs Michelle Nuttall (2023) (PCC Secretary) Co-opted members: Mrs Victoria Weddle – Head of St. Peter’s VA School Mrs Kathryn Bolton – Head of Holy Trinity VC School

The trustees' r eport was approved by the Trustees.

Rev'd Canon F Green

Trustee Dated: 19 May 2021

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

I report to the trustees on my examination of the financial statements of Parochial Church Council of St Peter's Darwen (the St Peter's) for the year ended 31 December 2020.

Responsibilities and basis of report

As the trustees of the St Peter's you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

I report in respect of my examination of the St Peter's’s financial statements carried out under section 145 of the 2011 Act . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

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

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 financial statements to be reached.

David Wood Wilson BA FCA

Hindle Jepson & Jennings Ltd 10 Borough Road Darwen Lancashire BB3 1PL

Dated: 20 May 2021

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2020

Unrestricted Unrestricted
funds
funds
general d esignated
2020
2020
Notes
£
£
Income and endowments from:
Donations and legacies
3
54,162
-
Charitable activities
4
14,665
-
Other trading activities
5
2,088
236
Investments
6
337
5
Other income
7
1,668
-
Total income
72,920
241
Expenditure on:
Charitable activities
8
78,580
6,763
Net (expenditure)/income
for the year/
Net movement in funds
(5,660)
(6,522)
Fund balances at 1
January 2020
79,015
43,257
Fund balances at 31
December 2020
73,355
36,735
TotalUnrestricted Unrestricted
funds
funds
general
d esignated
2020
2019
2019
£
£
£
54,162
70,344
62,574
14,665
17,229
-
2,324
7,010
5,086
342
662
499
1,668
3,412
-
73,161
98,657
68,159
85,343
100,410
33,214
(12,182)
(1,753)
34,945
122,272
80,768
8,312
110,090
79,015
43,257
Total
2019
£
132,918
17,229
12,096
1,161
3,412
166,816
133,624
33,192
89,080
122,272

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

BALANCE SHEET

AS AT 31 DECEMBER 2020

Notes
Current assets
Cash at bank and in hand
Net current assets
Creditors: amounts falling due after
more than one year
12
Net assets
Income funds
Unrestricted funds - designated
Unrestricted funds - general
2020
£
110,460
£
110,460
(370)
110,090
36,735
73,355
110,090
2019
£
122,642
£
122,642
(370)
122,272
43,257
79,015
122,272

The financial statements were approved by the Trustees on 19 May 2021

Rev'd Canon F Green Trustee

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

1 Accounting policies

Charity information

Parochial Church Council of St Peter's Darwen is a charity with expected status given by the Charity Commission as a Parish within the Diocese of Blackburn.

1.1 Accounting convention

The financial statements have been prepared in accordance with the St Peter's [governing document], the Charities Act 2011 and "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 2019)". The St Peter's is a Public Benefit Entity as defined by FRS 102.

The St Peter's has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling , which is the functional currency of the St Peter's. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees has a reasonable expectation that the St Peter's 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 financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the St Peter's.

1.4 Income

Income is recognised when the St Peter's is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the St Peter's has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

1 Accounting policies

(Continued)

Legacies are recognised on receipt or otherwise if the St Peter's has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

1.5 Expenditure

Resources expended are allocated to the particular activity where the cost relates directly to that activity (in accordance with the SORP). Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resource.

Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requir e ments.

1.6 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the St Peter's contractual obligations expire or are discharged or cancelled.

2 Critical accounting estimates and judgements

In the application of the St Peter's accounting policies, the trustees is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

3 Donations and legacies

UnrestrictedUnrestricted Unrestricted
funds
funds
funds
general
general
d esignated
2020
2019
2019
£
£
£
Donations and gifts
54,162
68,493
-
Grants Received
-
1,851
62,574
54,162
70,344
62,574
Donations and gifts
Covenants & Gift Aid
36,188
39,951
-
Income Tax Recoverable
11,446
11,225
-
Collections
2,119
5,749
-
Donations
4,409
11,568
-
54,162
68,493
-
Charitable activities
2020
£
PCC Fees
14,665
Other trading activities
Unrestricted Unrestricted
TotalUnrestricted Unrestricted
funds
funds
funds
funds
general d esignated
general
d esignated
2020
2020
2020
2019
2019
£
£
£
£
£
Fundraising events
2,088
236
2,324
7,010
5,086
Total
2019
£
68,493
64,425
132,918
39,951
11,225
5,749
11,568
68,493
2019
£
17,229
Total
2019
£
12,096

4 Charitable activities

5 Other trading activities

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

6 Investments

Unrestricted Unrestricted Total Unrestricted Unrestricted Total
funds
funds
funds funds
general d esignated general d esignated
2020
2020
2020 2019 2019 2019
£
£
£ £ £ £
Income from listed
investments 337
5
342 662 499 1,161

7 Other income

Unrestricted Unrestricted
funds funds
general general
2020 2019
£ £
Other income 245 1,433
Magazines 765 50
Parish Lettings 658 1,929
1,668 3,412

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

8 Charitable activities

Ministry - Contributions to Stipends & Diocesan Quota
Ministry - Clergy Expenses
Ministry - Housing Costs
Ministry - Other Costs
Church Running Expenses
Organist's Honoraria
Major Repairs and Equipment
Share of governance costs (see note 9)
Analysis by fund
Unrestricted funds - general
Unrestricted funds - designated
Support costs
Support
costs
Governance
costs
£
£
Accountancy
-
582
Printing and Stationery
-
2,449
Sundries
-
1,200
Trading Costs
-
1,174
-
5,405
Analysed between
Charitable activities
-
5,405
2020
£
582
2,449
1,200
1,174
5,405
5,405
2020
£
51,081
800
2,749
507
11,961
2,660
10,180
79,938
5,405
85,343
78,580
6,763
85,343
Support
costs
Governance
costs
£
£
-
582
-
3,124
-
1,311
-
4,037
-
9,054
-
9,054
2019
£
58,627
765
2,566
946
19,686
3,420
38,560
124,570
9,054
133,624
100,410
33,214
133,624
2019
£
582
3,124
1,311
4,037
9,054
9,054

9 Support costs

Governance costs includes payments to the independent examiner of £ 582 (2019- £ 582 ).

10 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the St Peter's during the year.

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

11 Employees

There were no employees during the year.

12 Creditors: amounts falling due after more than one year

Other creditors
13
Analysis of net assets between funds
Unrestricted
funds
Designated
funds
2020
2020
£
£
Fund balances at 31
December 2020 are
represented by:
Current assets/
(liabilities)
110,460
-
Long term liabilities
(370)
-
110,090
-
2020
£
370
TotalUnrestricted
funds
Designated
funds
2020
2019
2019
£
£
£
110,460
122,642
-
(370)
(370)
-
110,090
122,272
-
2019
£
370
Total
2019
£
122,642
(370)
122,272

14 Related party transactions

There were no disclosable related party transactions during the year (2019 - none).

Charity Registration No. 1131646

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mrs S Smith Mrs E Jefferson Mrs J Cocker Mrs J Stewart Mr H Gilbraith Mrs M Nuttall Mrs M Massey Rev'd Canon F Green Mrs S Walker Mr P Leather Charity number 1131646 Independent examiner David Wood Wilson BA FCA Hindle Jepson & Jennings Ltd 10 Borough Road Darwen Lancashire Bankers HSBC HSBC - Blackburn 60 Church Street Blackburn Lancashire BB1 5AS Lloyds Bank 213-215 Duckworth Street Darwen BB3 1AU

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

CONTENTS

Page
Trustees' report 1 - 4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the financial statements 8 - 13

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

The trustees presents it’s report and financial statements for the year ended 31 December 2020.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charities Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 2016)

Objectives and activities

St Peter’s, Darwen PCC has the responsibility of co-operating with the Vicar, the Rev’d Canon Fleur Green, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the Church complex and grounds of St Peter’s Church, Darwen. Members of the PCC are nominated and seconded for election to the Council at our APCM.

Membership

Members of the PCC are either ex-oifficio or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules.

Committees

The PCC operates through a number of committees, which meet between full meetings of the PCC:

Standing Committee:

This is the only committee required by law. It has power to transact the business of the PCC between its meetings, subject to any directions given by the Council. It is made up of the Vicar, Church wardens, PCC treasurer, PCC Secretary and Vice Chair.

Finance Group:

This Group was formed to work alongside the Incumbent and the Church wardens to plan and have oversight of the Parish income and expenditure.

Fabric Team

The Fabric Team are to monitor and look after the fabric of the church. They bring any work that needs doing to the attention of the PCC, and are often able to offer their own talents to be able to complete these pieces of work.

Fundraising Team

This team looks at annual fundraising events for church. Over the past year there has only been a Shrove Tuesday Quiz Night and a Smartie Tube Collection. This runs alongside the 100 Club and has led to a good amount of money raised through the year.

Projects team

An update of their work is to be found later in the report.

Church Attendance

2020 has been an interesting year due to lockdowns and living through the pandemic. We closed on 15th March for public worship and then completely on 23rd March. Reopening took place on 12th July and apart from 8th November to 6th December, we remained open for Sundays and Wednesdays services from September onwards. We have created and maintained an online presence through Facebook and YouTube, where we have streamed our services each Sunday. It has therefore been next to impossible to work out church attendance for this year.

The trustees has paid due regard to guidance issued by the Charity Commission in deciding what activities the St Peter's should undertake.

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

Achievements and performance

The PCC has met 8 times during this last year and the standing committee has met 4 times. The average attendance at meetings has been steady throughout the year and we moved to online meetings from May onwards.

We have continued to work on our VISION priorities and upheld them in prayer as well as use them as a benchmark for all that we do.

The PCC has during the last year completed all of its responsibilities through the work of the churchwardens and other members, including

~ the registration of PCC members as Trustees with the Charity Commission.

~ Reviewed our Communion Assistants and nominated them to the Bishop.

~ Reviewed our fee structure for Weddings and Funeral (this is an annual review)

~ Heard the reports from the various committees made up of PCC members and also the reports from the Deanery Synod reps.

We are requested, as Charity Law states, to state that no member of the PCC received payment for carrying out their duties in this last financial year.

I commend this Annual Report to the Parish of St Peter’s, Darwen and thank all those who work so hard in our parish and who respond willingly to God’s call to use their time talents and money in his service in this place.

On behalf of the PCC

Rev’d Canon Fleur Green

Financial review

These accounts have been produced to show the overall financial position and therefore do not contain the detailed information of every individual fund.

Another important feature of these accounts is the way that funds are divided into the following categories, according to the manner in which we are allowed to spend;

Reserves held at 31 December 2020 were £110,090 (2019: £122,272)

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

It is the policy of the St Peter's that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the St Peter's’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

The trustees have assessed the major risks to which the St Peter's is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

The members of the trustees who served during the year and up to the date of signature of the financial statements were:

Mr P Jackson (Resigned 1 January 2020) Mrs S Smith Mrs E Jefferson Mrs J Cocker Mrs E Jackson (Resigned 1 January 2020) Mrs J Stewart Mr H Gilbraith Mrs M Nuttall Mrs M Massey Rev'd Canon F Green Mrs S Walker Mr P Leather

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules.

During the year the following served as members of the PCC:

Vicar: The Rev’d Canon Fleur Green Readers: Mrs Janet Upton Wardens: Mr Douglas Hargreaves Mr Philip Leather (Until October 2020) Mr John Brotherton (from October 2020) Representatives in the Deanery Synod ~ ex-officio Mr Douglas Hargreaves Mrs Margaret Massey Miss Anne Carus Date for re-election of elected members: Mrs Sharon Smith (2021) Mrs Emma Jefferson (2021) Mrs Margaret Massey (2021) (Deanery Synod Rep from Oct 2020) Mrs Sarah Walker (2023) Mr Philip Leather (2023) Mrs Jan Cocker (2023) Mrs Emily Banks (2023) Mrs June Stewart (2023) Mr Henry Gilbraith (2023) (PCC Treasurer) Mrs Michelle Nuttall (2023) (PCC Secretary) Co-opted members: Mrs Victoria Weddle – Head of St. Peter’s VA School Mrs Kathryn Bolton – Head of Holy Trinity VC School

The trustees' r eport was approved by the Trustees.

Rev'd Canon F Green

Trustee Dated: 19 May 2021

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

I report to the trustees on my examination of the financial statements of Parochial Church Council of St Peter's Darwen (the St Peter's) for the year ended 31 December 2020.

Responsibilities and basis of report

As the trustees of the St Peter's you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

I report in respect of my examination of the St Peter's’s financial statements carried out under section 145 of the 2011 Act . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

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

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 financial statements to be reached.

David Wood Wilson BA FCA

Hindle Jepson & Jennings Ltd 10 Borough Road Darwen Lancashire BB3 1PL

Dated: 20 May 2021

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2020

Unrestricted Unrestricted
funds
funds
general d esignated
2020
2020
Notes
£
£
Income and endowments from:
Donations and legacies
3
54,162
-
Charitable activities
4
14,665
-
Other trading activities
5
2,088
236
Investments
6
337
5
Other income
7
1,668
-
Total income
72,920
241
Expenditure on:
Charitable activities
8
78,580
6,763
Net (expenditure)/income
for the year/
Net movement in funds
(5,660)
(6,522)
Fund balances at 1
January 2020
79,015
43,257
Fund balances at 31
December 2020
73,355
36,735
TotalUnrestricted Unrestricted
funds
funds
general
d esignated
2020
2019
2019
£
£
£
54,162
70,344
62,574
14,665
17,229
-
2,324
7,010
5,086
342
662
499
1,668
3,412
-
73,161
98,657
68,159
85,343
100,410
33,214
(12,182)
(1,753)
34,945
122,272
80,768
8,312
110,090
79,015
43,257
Total
2019
£
132,918
17,229
12,096
1,161
3,412
166,816
133,624
33,192
89,080
122,272

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

BALANCE SHEET

AS AT 31 DECEMBER 2020

Notes
Current assets
Cash at bank and in hand
Net current assets
Creditors: amounts falling due after
more than one year
12
Net assets
Income funds
Unrestricted funds - designated
Unrestricted funds - general
2020
£
110,460
£
110,460
(370)
110,090
36,735
73,355
110,090
2019
£
122,642
£
122,642
(370)
122,272
43,257
79,015
122,272

The financial statements were approved by the Trustees on 19 May 2021

Rev'd Canon F Green Trustee

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

1 Accounting policies

Charity information

Parochial Church Council of St Peter's Darwen is a charity with expected status given by the Charity Commission as a Parish within the Diocese of Blackburn.

1.1 Accounting convention

The financial statements have been prepared in accordance with the St Peter's [governing document], the Charities Act 2011 and "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 2019)". The St Peter's is a Public Benefit Entity as defined by FRS 102.

The St Peter's has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling , which is the functional currency of the St Peter's. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees has a reasonable expectation that the St Peter's 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 financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the St Peter's.

1.4 Income

Income is recognised when the St Peter's is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the St Peter's has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

1 Accounting policies

(Continued)

Legacies are recognised on receipt or otherwise if the St Peter's has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

1.5 Expenditure

Resources expended are allocated to the particular activity where the cost relates directly to that activity (in accordance with the SORP). Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resource.

Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requir e ments.

1.6 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the St Peter's contractual obligations expire or are discharged or cancelled.

2 Critical accounting estimates and judgements

In the application of the St Peter's accounting policies, the trustees is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

3 Donations and legacies

UnrestrictedUnrestricted Unrestricted
funds
funds
funds
general
general
d esignated
2020
2019
2019
£
£
£
Donations and gifts
54,162
68,493
-
Grants Received
-
1,851
62,574
54,162
70,344
62,574
Donations and gifts
Covenants & Gift Aid
36,188
39,951
-
Income Tax Recoverable
11,446
11,225
-
Collections
2,119
5,749
-
Donations
4,409
11,568
-
54,162
68,493
-
Charitable activities
2020
£
PCC Fees
14,665
Other trading activities
Unrestricted Unrestricted
TotalUnrestricted Unrestricted
funds
funds
funds
funds
general d esignated
general
d esignated
2020
2020
2020
2019
2019
£
£
£
£
£
Fundraising events
2,088
236
2,324
7,010
5,086
Total
2019
£
68,493
64,425
132,918
39,951
11,225
5,749
11,568
68,493
2019
£
17,229
Total
2019
£
12,096

4 Charitable activities

5 Other trading activities

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

6 Investments

Unrestricted Unrestricted Total Unrestricted Unrestricted Total
funds
funds
funds funds
general d esignated general d esignated
2020
2020
2020 2019 2019 2019
£
£
£ £ £ £
Income from listed
investments 337
5
342 662 499 1,161

7 Other income

Unrestricted Unrestricted
funds funds
general general
2020 2019
£ £
Other income 245 1,433
Magazines 765 50
Parish Lettings 658 1,929
1,668 3,412

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

8 Charitable activities

Ministry - Contributions to Stipends & Diocesan Quota
Ministry - Clergy Expenses
Ministry - Housing Costs
Ministry - Other Costs
Church Running Expenses
Organist's Honoraria
Major Repairs and Equipment
Share of governance costs (see note 9)
Analysis by fund
Unrestricted funds - general
Unrestricted funds - designated
Support costs
Support
costs
Governance
costs
£
£
Accountancy
-
582
Printing and Stationery
-
2,449
Sundries
-
1,200
Trading Costs
-
1,174
-
5,405
Analysed between
Charitable activities
-
5,405
2020
£
582
2,449
1,200
1,174
5,405
5,405
2020
£
51,081
800
2,749
507
11,961
2,660
10,180
79,938
5,405
85,343
78,580
6,763
85,343
Support
costs
Governance
costs
£
£
-
582
-
3,124
-
1,311
-
4,037
-
9,054
-
9,054
2019
£
58,627
765
2,566
946
19,686
3,420
38,560
124,570
9,054
133,624
100,410
33,214
133,624
2019
£
582
3,124
1,311
4,037
9,054
9,054

9 Support costs

Governance costs includes payments to the independent examiner of £ 582 (2019- £ 582 ).

10 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the St Peter's during the year.

PAROCHIAL CHURCH COUNCIL OF ST PETER'S DARWEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

11 Employees

There were no employees during the year.

12 Creditors: amounts falling due after more than one year

Other creditors
13
Analysis of net assets between funds
Unrestricted
funds
Designated
funds
2020
2020
£
£
Fund balances at 31
December 2020 are
represented by:
Current assets/
(liabilities)
110,460
-
Long term liabilities
(370)
-
110,090
-
2020
£
370
TotalUnrestricted
funds
Designated
funds
2020
2019
2019
£
£
£
110,460
122,642
-
(370)
(370)
-
110,090
122,272
-
2019
£
370
Total
2019
£
122,642
(370)
122,272

14 Related party transactions

There were no disclosable related party transactions during the year (2019 - none).