THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SOLIHULL {Chai7ty number 1131647) ANNUAL REPORT AND FINANCIAL SfATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2021 Annual Report of the Parochial Church Council for 2021 - I Lh)yd5 9114 P(* Ro4 14N Corner OaKI Homer Road, Solihull. B913QG structure. governance and management Goveman The parFsh of St Aphege, Solihull, compriw three d)uroles vthith were fomHI into a Team Ministy by Pastoral Order in 1979. The Parish is part of the Th"C￿eSe of Bl￿1n9ham. St Alphege, St Hden's and St Michad's CfiU￿ are govem&J by Distritt thurth Councils (DCC'S) to which the PCC has ddegated many of its functions. The PCC retsin5 re5pon5ibilty for ￿rtain reserved matters indLKling those of a parish wide natu￿ The rule5 for the proceedings of the PCC are set out in the Church Re[y￿ati￿ Rules arKI the Saff￿ Nles apply, as fdr as may be. to the Objectives and Activibes Object of the Church The Parochial Churth Cxyjncil of the Ecdesia5ttcal Parish of &)lihull, Cthe Pcry) has the responsibilty of co-operating with the Team Rector in promoting in the ecdesiastical parish the whole mission of the Church, pastoral, evangelistic, sc(ial and e￿menICal. Other duties indude ultimate responsibilty for a wide range of matters affecting the Parish, indudirKJ comp1kin￿ with health and safety, disability discrimination legislation, data protecbon and safeguarding, and arranging appropriate training ft)r members and staff. It also has ￿rtain resEM)n￿bIlItIeS for each of the churches witriin the parish, and other major fijnd holders, such as the Olrver Bird Hall armd St Alphege p￿sChOOl, although many of these responsibilities are ddegated to ECCS of thurch a￿1 the commrttees of other fund holder Publlc Benefft The PCC has referred to the guidan￿ contain& in the Charity Commission's geneTrl guidan￿ on Public benefft when r￿leWIng the aim and objective5 of the PCC aThJ in plannirvj its future activities. TheP ihull AnnualRewt2021 (conbnth2I) Trustees and Management Committee R￿. H R￿. S MarslK811 Rerf. S Mr A Wlwk Deputy thurdmwrdms Mr5 S knm Mrs S Sa￿s Mr K Wd9)n Mts M Mrs J F&￿S Mrs D Mol Mrs R Lin*&* Mr M Mrs R trKWll 2020-2023 Church Centre Mrs J ￿brc> Mr C Carrir m￿PG*S Mr N Evans r* p Smith Mr M Ch•En5 Mrs D M￿B M￿VC￿ Mrs B Mc¢wt Mr C Canitvj Mr P Snith Elected Lay R (max 5) Mrs R MwthaH Mrjkni Mr5 L Na￿h￿( ihull AnnualRewt2021 (a)ntin￿} statement of responsibilities of the members of the PCC (the trustees) The tnjstees of the PCC are restxJnsl￿e for preparirKJ the Trustees, Report and the financial Statements in accordance with applicable law a￿1 Untted Kingdom Accounting Stsndards (UnÈted Kingdorn Generdlly Accept8J knunting pra￿￿). The law applicable to charitie5 in ErffJtand and Wales r4uires the trustees of the PCC to prepa financial statements for eath financial year vthich give a true and fair view of the slate of affairs of the Charity and of the incoming resources and application of resources of the Charity for that period. In preparing the financial statements the trustees of the PCC are r4uirèa to: sdect surtable accounting polic￿5 a￿1 apply thwn consistenty; observe the methods and winciples in the Charities Statement of Recommended Pr&ti 2015 (FRS 102); make judgments and estimates that are reasonable and prudent. state whether applicable accounting stsndards have been folk)wed, subjett to any rnaterial departures dFgJOS￿ and explainejj in the finarK]al 51atements; and prepare the finanaal ststements on a going cor￿￿ basis unless it is inappropriate to assume that the Charity will continue in operation. The tnjstees of the PCC are reswnsble for keeping proper accounting records that disdose with reasonable accuracy at any time the fina￿al po&ti"on of the (hiity and enable them to ensure that the financial statements cOm[￿Y WFth the ￿arr￿eS Att 2011, the Charity (Accounts and Rqy)rts) Regulations 2008 and the provisions of the governirwj dc(umenL They are a19) responsible for safeguarding the assets of the Charity and he￿e for takir¥J reasonable steps for the prevention and detection of ftoud arKI other irregularitss Appointment of Tn Members of the PCC, the tru*ee5, a￿ ex offioo, or elerted by the Annual Par(Kthbal thurch Meeting Cthe APCN? in accordan￿ with the ￿UrCh Repres￿￿tion Rules. The P￿ OF￿ thnyjjh a nUrnb￿ rf cixnrrits vthkth full m&tirus of ￿ c￿n(l. These ind￿e the Parish Syanding Committ* whith ts ts only Commtit* required by law. It has the wwer to transact the business of the KC between tts M￿tingS subje£t to any dIr￿lOr given by the PCC. Other commtttees indude the Employment Group; the Finance Group; the Buildings and Plant Group; aTKI the Communications Groupj arKI St Aphege, St Helen'5 and St Michael's which are govemeA by District thurch Counals (DCCS). to which the PCC has delegated many of its fUnctic￿s. Risk Management The major risks to which the PCC are exFM)$8J, which indude finanaal risK reputational risl statutory risk and legal requirements and owational risk have t￿en identifi&l by PCC, are regularly reviewed, and Systems arKI prrKedures have b&n established to manage those risks. Similar risk a55essments and management of risks are regulady reviewed by other fund holding committee5. Achievements and Performance Church Attendance As of the Annual Parochial Church Meeting hdd on 28 April 2022, thwe v￿e 488 (2021: 503) names on the electoral roll comprising: St Alphege's s￿tion.. 330 (2021: 336) st Helen's Settion: 83 (2021: 89) St Michael s Section: 75 (2021: 78) The Parothial C 11 AnnualRewt2021 (con&n￿￿) Review of the year ending 31st December 2021 2021 saw a gradual restarting of activrties and meetings in tErson afKJ it has been gocKJ to see the life and vibrancy in so much of the lrfe of our 3 church centres, the Junction and our Pioneer Ministerfs work in the r￿rth of the Parish. Covtd still haj a big impxt on the Parish but thankfully we have been able to ease the restrictions in line with UK &)vernn￿nt and Church of England guiddines. It was sad that our Rector Jane K￿lr￿)n had to take earty retirement earty in the year. and we thank her, and husband Rithard, all they did for the Parish duriThJ her time as Rector. For various rea￿fts the Diocese wishes to re4ieN the Parish structure, and this has preduded us from advertising and reuutting a new Rector, alth)ugh by mid- 2022 we will be in a p0S￿On to start the recnjitment pr(w by advertising for a Priest in Charge (Rector Designate). Our clergy and lay minister5 have done very g(KAJ work txkh with online 3ThJ in p￿sOn ministy so that we have b￿n able to keep a varied of serrfrces gcmng, many of which have been streamed to those unable to actualty attend the servi￿. We particularly thank Rerf Simon Marshall and Rev Sue Chandler for heading up the dergy ministy arKI a￿ aiso very grateful to Ven. Paul Taylor for his work in advising on the directton and Maintenan￿ of the Parish, and to our Readers who continue to give invaluable services in many areas. The PCC Committees set up durirKJ the year to a)ver all ast*cts of the Parish work have provej to be effective. During the year we also began to deveknp our Missi(ffi and our TransfcMThirvJ aiurdi Action Nan (TC4P) which is continuing in 2022. (￿r partI￿lar desire is to see younger ajults joining more fully into our fdlo7W5hips, and s* Mission, in its wHk* S￿, as a key pri￿lty for our Parish. Financial Report of the Parochlal Church Council for 2021 Cfverall, the parish had an opwating suryAus of £ 1.750 on totsl funds, but this iThJuded leJaae5 of £151,351, x) the-real- operatiw defiat vffjs £ (149,481). We did, however, make totsl investment gains of £296,304, ￿ our ovefall funts in(Tea5ed to £4,072,073 by the end of the year. Signifiont amounts of rnnies do need to be spwt i)n recessary ￿MedIa1 vffjrk and ￿paIrS to St Alphege, the Oliver Bird Hall and St Helens (whth wll thmmence in 2022), and the Parish is k￿kIng into major devdopment plans to create ne#V facilities at St PJphege and to utKlate the infTrstructure and facilities at the Otiver Bird Hall - whith s￿[1 be 60 years old this year. The￿ continued to be an (wating deftit, of £ (98,266) this year, £ (101,958) in 2020, on the St Franas Parish Fund, where our exFwditure on Youth WorK Children's Work, Parish SupporL and Outreach activibes, induding our Pioneer Ministy costs, in recent years has consistenuy exceeded income, such that we are now comtAetety reliant on income from investtrEnt gains (the so called "totsl income- COn￿pt} to fund all the outgoings from the St Frdncis Parish Fund, more so iEcause our-regularf investment irmne falls every time VR realise g)me of our investment assets. As a result of the C￿lruS situation, many things have ttonged - probably p￿rnanenty., and it És still rK)t certain vthat the future holds. St Alphege, the Oliver Bird Hall and Pre-school have now recorded two conse(thve years of defictts; and all three thurches continue to suffer reductions in ujngregational giving and105 of other incom& AJI fund holdets do still have adequate reserves at Ixesent to ensure that they can a)ntinue to fund known outgoings, lyjt the ongoing situation 15 now becomiThJ serious and financially "challenging", SO some difficult decisions will need to be made as to what we can, and cannot, afford to fund. ial Annual Report 2021 (continued) Investment Policy The PCC holds the vast majiyity of ts Inv￿￿T￿S viith the CCIA arKi considers that ts investrnent policy in all material rwLts meets the Charity commiss￿.5 fEr(￿r￿lI)n& The PCCS general policy is. whenever possible, to invest in ojlective Investm￿ ftjnds with an acceptsble soaal, environmenta and ethical policy, woductng a regular t(Y4th an denwt of capital Reserv￿ Pollcy The general rese￿ of the PCC ar< in tr£ Tr￿in, repres￿ iry equty Invest￿ts, property, indudirKJ houses for dwgy wxl ttE parish hall (Oliver Bird Hall) and (35h balar￿5. The Yree reserv (exduding designate fvnds) are represented by Fund net Curr￿ assets, whith at the er of the year amounted to £350,324, whicti ￿UateS to the r￿utral historically to meet about 5 months regular on-going 0￿5. Whi¢ this is higher than the tharity Commissiors recommended amount of 3 to 4 month5, in vtew of signÈfic3nt defic3ts being incu￿￿ on a number of funds in the last years; the age of St Attthege thurrh a￿1 the parish hall -trw)th of which could [r￿ur substanti exFÉndrbJre at relativdy short rbjtice; the continuing u￿ertain￿$ as a result of the Coronamnjs situation arKI rising inf1atior￿ry costs . arKI for the St FrBn(is fund to hoid thaent monies at the end of the finanoal year to its proietted b￿get deficit for the folk)wing year, without being forc&J to ￿lIse investmets when values May have fall￿ . the KC consider5 that ts free rwves are prudent aNJ rea9XPtAe ￿1 arcumslan Auditors Prlme Accountants aFbJ Busness Adv6LYS Limit￿1 exwe55￿ their walitKJness to continue in ofts and will be for r￿ap￿intment at the Annual Parish Church Meeknry. Approved by the PCC on 14th June 2022 and signed on its behalf by.. 1112 l) A. K. wil￿)n (Chainnan) REPORT OF THE INDE￿[￿Hr￿lDtrCML% TO THE MEMBERS OF THE PNRCLIIIPL CHURCH CCiINQIL OF ThE Oplnlon We have a￿lthj the fina￿id Statern￿ ofThe ParrA*H￿ (hjrth oftsE E0re51￿ Parth 0¢ SoliThuM {' the F£C) f£Y finèr￿131 statements, including a 5urn[r￿ ofsgnffK31rt fina￿al rwtiry frdrneth that has been ie# in th￿r we￿arthD s aprAKatrk ar￿ Untsd gwKJarts (un￿41 ￿ry(k)rn r￿n￿￿ty Accepted tn our (¥Mn1(￿ finanaal stataYMts'. . g¥e a true and tdwview stats F(Cs as at 31& 2021, ar*Y cl ts Ir￿0￿￿TI] We conducted audit accfjrdarKe StJNfjaTds (fft {UK) I￿ {LKI and ap*at4e knv. Our resEh)nsSbillties undw tIK6e standarts are furt￿ in ￿ thJitLJkt￿ We w￿￿ureS 01 line tL¥ whth pr(tedU￿ a￿ (apat4e ￿ deledW￿ wraJLlari￿, irtbJdiTKJ fvaLK1 is detaR￿j Lthv: anti.bribery. eml*)￿ent heaPJTr arKJ • ￿j￿al￿. Y￿1 ended 31st Deumber 2021 REF()RT OF THE INDEIMDEMf AlID[r￿ TO THE m￿BERs OFThE PARc[H￿ CkVJRCH COUNaL OF THE bia5,' arxt induded, rw)t limit& to: Thwe are inlwent limitatson5 in tyJr aud(t kX(l￿re5 atthe. tl)at la￿ arx1 ￿UL￿ti¢MIS a Ilrnrfc the audit pr(￿￿￿18$ ￿Uired to Kknbfy with la￿ reJuL3txns to of the directry5 aryl [ndwd￿It ALpaitus ilse olour wort Thi% report ￿ rnade sd*to tre Ffc, as a tt¢fyf,in ￿c(¥darKe ￿ Part 4 ofthe {kttyJnt5 aThl RepLvtsI are requireij to state to th￿n ￿ an rwt p￿￿. To the fttst extfflt law. otynior6 we PrFme C￿rter&I A(u￿ntsnts sthtory Au(fitor Comer Oak l H¢)mer R¢J•J ihull B913 3)21 2(al 2