Charity registration 1131681 (England and Wales)
PCC of St Mary’s Ware
Report and financial statements
for 2021
Cansdales Bourbon Court Nightingale Corner Little Chalfont HP7 9QS
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Saint Mary the Virgin, Ware, Hertfordshire
Annual Report of the Parochial Church Council (PCC)
for the year ended 31 December 2021
Structure, Governance and Management
The method of appointment of PCC members is set out in the Church Representation Rules. All church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. At St. Mary’s the membership of the PCC consists of the incumbent (our vicar), Curate, Churchwardens, the Deanery Synod representatives and members elected by those in the congregation who are on the Electoral Roll of the Church.
All trustees must complete a Declaration of Eligibility and sign an agreement to comply with their responsibilities as trustees set out in the Charity Commission’s guidance. In addition to this they are encouraged to attend trustee training sessions run by St Albans Diocese. They must also have undertaken a DBS disclosure and undertake appropriate safeguard training.
The PCC members are responsible for making decisions on all matters of general concern and importance to the parish, including deciding on how the funds of the PCC are to be spent. The Coronavirus pandemic impacted on all aspects of church life during 2021 so that many meetings have taken place by Zoom or by email, with in person meetings taking place where possible. The full PCC met 9 times during the year.
Given its wide responsibilities, the PCC has several committees to deal with a particular aspect of Parish life. The committees include Standing (which met 4 times separately from PCC), Faith Development and Worship, Fellowship and Fundraising, Fabric and Premises, Charitable Giving, Christian Giving, which are all responsible to the PCC and report back to it regularly, with verbal reports/minutes of their deliberations being received by the full PCC and discussed as necessary.
Major risks have been reviewed and systems and procedures established to manage those risks. There is no remuneration paid to any member of the PCC or Key management of the entity.
Objectives and Activities
St. Mary the Virgin’s Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent, in promoting, within the ecclesiastical parish, the whole mission of the Church of England, pastoral, evangelistic, social and ecumenical.
The PCC is also specifically responsible for the maintenance of the Church, a 14[th] Century, Grade 1 listed building, and its modern extension.
We, as part of St Albans Diocese, have a Mission Action Plan (MAP). The aim of the MAP is to plan and prioritise a detailed and realistic course of action to establish our vision for the future of St. Mary’s Church. This was reviewed by the PCC and renewed during 2021. The PCC Away Day in October, led to discussion of our priorities for the future. The focus will be on growth in faith, Creation and responding to the needs of the environment and Inclusion and diversity The new MAP has been uploaded to the diocesan website.
Our response to this focus can be found in the section Achievement and Performance.
The normal pattern of Sunday worship is:
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α) The early morning Communion Service at 8.00 a.m.in church and live streamed on Facebook, which provides a quiet, intimate, and reflective environment for worship.
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b) The mid morning Eucharist at 10.00 a.m. in church and on Zoom, incorporates as required, Baptisms and family services. A crèche and children’s activities are provided during the morning service.
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c) Evensong, a traditional format for worship once a month.
Morning Prayer takes place at 9.15 Monday to Thursday each week. This takes place in church and is also live streamed on Facebook.
Evening prayer takes place at 5.00pm Monday to Thursday each week. On Wednesdays a Eucharist service is held weekly at 11.00 a.m. (livestreamed on Facebook).
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Other services are held during the week to mark particular religious festivals.
The Church is open to our community for private prayer every day usually between 9.00am and 5.00pm.
All are welcome to attend our regular services. In 2021 the Church Electoral Roll was 149.
Services have been offered in all formats as restrictions changed during 2021. These have been online, in person, gathered worship and a combination of these. This has given the opportunity for everyone to join in as they felt able to do so and has been reflected in a small increase in the number of worshippers.
Families with young children have found it hard to participate with online services but returned later in the year as more normal activities began to be available. The youth group continued mostly via Zoom.
We have celebrated 22 baptisms, 1 thanksgiving for a child, 5 weddings, and held 31 funerals this year. Four members of the congregation died this year. There were 2 adult confirmations.
Achievements and Performance
The church building was open for private prayer only from January until the beginning of March 2021. This was in line with government guidelines and a dispensation for online/remote only worship from Bishop Alan. The PCC met twice via Zoom in January to review and assess the risks. There was a slow return to gathered worship for Holy Week and Easter, following a Health and Safety review. Welcomers kept a record of worshippers at each service as well as encouraging the use of the NHS or QR code.
The Quiet Day in March was offered online with 35 people participating in various aspects of the day. Videos were put together by people from across the diocese based on the poem “Prayer” by George Herbert, which describes prayer as a banquet.
Lent lunches were offered for delivery on Mothering Sunday, as we were unable to gather together, with donations going to USPG.
Small groups walked together locally for the Easter Monday Pilgrimage, devising their own routes, all ending at St Mary’s for a short service led by Katy Little.
A silent vigil and the tolling of the bell at 12 noon marked the National Day of Reconciliation in March. Prayer cards and candles were available
The annual Remembrance Service resumed this year with uniformed organisations as usual and Ware Brass providing the music. The service was held outdoors to manage numbers.
Christmas services included the carol service, a crib service on Christmas Eve, Midnight Mass, and a Eucharist on Christmas morning. The carol service was ticketed to manage numbers with mulled wine served outside.
The food bank has continued to operate throughout the year with its pickup point at St Mary’s. We continue to be grateful for Jackie Turner and Mike Franklin’s commitment to this project.
Study groups and Lent groups were able to continue online.
Music for gathered worship was provided by Mark Kirby playing the piano and by Peter Smith on the organ for Easter services. More regular patterns were resumed with the return of a small choir from the end of May. Easing of Covid regulations allowed evensong from October onwards as more choir members were allowed to sing together.
David Sheppard completed his curacy in June and was appointed Priest in Charge of Buckden and the Offords in the Ely Diocese in July. There was a drop-in open morning for farewells and a final service with presentations on 27[th] June.
Jake Pass has been confirmed as Title Curate for St Mary’s from July 2022.
David Holland, our placement student, was accepted for ministry training in Bristol from September.
Fund raising activities this year have included a very successful plant market and other stalls, open gardens, Jazz and fizz in the churchyard and a Christmas Fayre. Thank you to Derek Day and other organisers, helpers and supporters who have contributed significantly to church funds. The 100 Club continues with a monthly draw and with increasing numbers the prizes are growing.
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St Mary’s Arts was launched in July to expand the number of concerts and performances at St Mary’s, with the aim to bring more people into St Mary’s and to become a hub for community events. It is hoped to expand events to include art and performance. Paul Hickman has developed the St Mary’s Arts website and organises concerts alongside Mark Kirby. There were 18 events between July and December which contributed significantly to money raised during the year. Thankyou to the bar staff and stewards who make these events possible.
Charitable events have again been limited this year but have included money raised for USPG in Lent from donations. A harvest lunch was held in the autumn to support Montgomery Heights orphanage in Zimbabwe. The Bishop’s Harvest Appeal was supported at the Harvest festival. House box collections and money donated at the Christingle service was sent to the Children’s Society. Christian Aid was the focus of a games’ morning organised by the youth group.
As part of the MAP focus on the environment, planning was begun by Paul Hickman, to install a bike rack at the rear of the building, to encourage cycling to church. It is hoped that this will be installed early in 2022. An initial eco-audit using material provided by A Rocha, which runs the Eco-Church programme to which our diocese has signed up, was completed. This will be followed up in 2022. Thank you to Liz Finch for leading on this so far.
The fabric of the Church has continued to be maintained throughout the year despite all the difficulties provided by the covid pandemic. The fabric committee was able to meet and leadership passed from Bob Ingram to Mike Franklin, following the APCM. Bob was thanked for his diligence in caring for the building.
The upgrading of the lighting in church began early in the year. Martin Douglas used his expertise, consulting with David Lodge, a specialist lighting consultant. This was at no cost to the parish. The work to clean and replace fittings and bulbs was completed by F.M. Suckling Ltd. supervised by Martin during the last two weeks in April. Our thanks to Martin, who was able to procure the necessary parts at advantageous prices.
The chairs for the Lady Chapel were installed in the autumn. One of the ceiling windows in the hall was replaced following a leak. The other windows will be replaced in 2022. The window in the south transept was also sealed.
Once again, our thanks go to those who have helped on “maintenance mornings” and other individual efforts throughout the year. We are particularly grateful to Alan Thomas for his gardening work and to Ken Butt for using all his building and carpentry skills throughout the year and especially for installing a new sink in the vicar’s vestry.
Katy Little continued with her caretaking role. We are grateful for her care of the building. Volunteers have gradually been able to resume some cleaning jobs in the church
We would like to thank all the volunteers who work so hard to make our church the lively and vibrant community it is. In particular we want to mention our Churchwardens Tim Crowther, Matt Whitbourn, and Roger Hawkins, who have worked so tirelessly on our behalf and Graham Meldrum who helps us all to understand the church accounts and finances. We would also like to thank the Parish Administrator, Lynn McLean, and the flower arrangers, who use their creative talents and Bonnie West who has kept us up to date with the publishing of the Quarterly magazine. Thanks also to Kathleen Kirby PCC Secretary and all the members of the PCC, for their valuable contribution to our ministry and for keeping the church running. Finally, a particular thanks to Ysmena who has worked so hard to keep us all connected and supported through another difficult year.
Safeguarding Report
The Parish is committed to the safeguarding of children and vulnerable adults and to supporting those who have been victims of abuse, as well as those who may prevent a risk to others. The PCC has complied with the duty under Section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to the House of Bishop’s guidance on safeguarding children and vulnerable adults). The PCC have adopted all the House of Bishops’ Safeguarding Policies and Practice Guidance, as well as “Promoting a Safer Church” (child protection and vulnerable adults policy) and the Domestic Abuse statement, at their meeting on 15th March 2021. The latter two documents are displayed in the Link Way.
We have a Parish Safeguarding Officer/Lead Recruiter and an Assistant Recruiter. Those who work with vulnerable groups in the Parish are recruited in accordance with the Practice Guidance Safer Recruitment July 2021. DBS checks are renewed every five years and all those who have been safely recruited and all members of the PCC, have undertaken the appropriate safeguarding training within the last 3 years.
Contact details for those wishing to obtain advice, raise any concerns or make referrals to the statutory authorities are in the Best Practice Guidance leaflets in the Choir Vestry, Link Way and Bell Tower.
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Names of those approved to work with children are displayed in the Choir Vestry and Bell Tower. Safeguarding information is displayed in the Porch and on the church website.
There is adequate insurance cover for all activities involving children or adults undertaken in the name of the Parish. There have been two issues of safeguarding concern reported during 2021. These matters have been dealt with according to the relevant safeguarding policies and guidance by the Parish Safeguarding Officer, the Vicar and the Diocesan Safeguarding Team.
Financial Review
2021 was a year of gradual recovery from the pandemic.
The second half of the year saw the return of both fundraising events and concerts.
Financial giving by various means and donations increased giving St Mary’s stability throughout a difficult period. The Friends of St Mary's gave us a donation to pay for the refurbishment of the church lighting which was very much appreciated.The end of year accounts shows that for the first time in many years the PCC general account remained in surplus thereby there was no necessity to transfer monies from other accounts. Income
Total giving by various methods increased by nearly 10%,with donations more than doubling. Income from fundraising activities together with regular concerts increased by nearly 70%. Gross fees from weddings and funerals increased significantly whereas hall letting were down. Fundraising for charities allowed for payments to the Children’s Society, the Bishops harvest appeal, Montgomery Heights orphanage, Christian aid, Shelter and others. Here are some of the figuresand others. Here are some of the figures.
TOTAL GIVING INCLUDING GIFT AID £ 72610 DONATIONS £ 75900 FUNDRAISING AND CONCERTS £ 10538 WEDDING AND FUNERAL GROSS FEES £ 12995
Expenditure
The Parish share increased due to the Curates house change of circumstances. The Parish share was paid in full for 2021 to St Albans board of finance.
In line with 2020, expenditure for this year was kept under tight control with most church items costing similar amounts. Church maintenance reduced by 50%. Here are some of the figures.
PARISH SHARE £ 65631 UTILITIES AND INSURANCE £ 151122 IMAINTENANCE AND REPAIRS& £ 34111 STATIONERY/PRINTING CHURCH £ 1430 CHURCH SUPPLIES PR £ 4246161 PROJECTSOJECTS £ 114071407
Investments
The church holds endowment funds which are the result of various bequests.
The Gisby bequest fund gives a restricted income whereas other endowments are all capital values accruing interest.
Investments for 2021 have shown small increases.
Conclusion
The church finances are in a strong position, despite a second year of Covid restrictions.This has been achieved by continued giving by all connected with St Marys,together with controlled expenditure and cash flow.
Administrative Information
St. Mary the Virgin Church, Ware is a 14[th] Century Grade 1 Listed Building and is situated opposite the Priory, at the end of the High Street. It is part of the diocese of St. Alban within the Church of England. The correspondence address is The Parish Office, St Mary the Virgin Church, High Street, Ware, Hertfordshire, SG12 9BA. There is a Parish Administrator, Mrs. Lynn McLean, and the Parish office is normally open on two mornings per week.
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The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006) and is registered with the Charity Commission (charity no. 1131681).
PCC members are:
Ex Officio Members Incumbent: The Reverend Ysmena Pentelow Revd. David Sheppard (until June 2021) Warden Mr. Tim Crowther Mr. Roger Hawkins Mr. Matthew Whitbourn * Deanery Synod: Mr. Michael West Mr. Rotimi Ogunlewe Mrs. Phyllis Ballam Elected Members: Mr. Derek Day (Vice Chair) * Mrs. Kathleen Kirby (Secretary) Mrs. Carol Taylor (Safeguarding) Mrs. Jackie Turner Mrs. Elizabeth Finch Mrs. Margaret Meldrum Mr. Matthew Wilson Mr. G. Meldrum (Treasurer) Mr. P. Hickman Mr. M. Douglas Ms. M. King Mr. G. John
*=Member of Standing Committee
Bankers: CAF Bank, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ Accountants: Cansdales, Bourbon Court, Nightingale Corner, Little Chalfont HP7 9QS Investment Advisors: CCLA Investment Management Ltd Senator House, 85 Queen Victoria Street, London EC4V 4ET
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Independent Examiner's Report to the Trustees of the Parish Church of St Mary the Virgin, Ware
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2021.
This report is made solely to the charity's trustees, as a body, in accordance with Section 145 of the Charities Act 2011. My independent examination work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and its trustees as a body, for my independent examination work, for this report, or for the opinions I have formed.
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(S)(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:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records
I have no concerns and have come across no other matters in connection with the examination to which attention shouid be drawn in this report in order to enable a proper understanding of the accounts to be reached.
James Foskett BSc (Hons), FCA, DChA Cansdales Business Advisers Limited Chartered Accountants & Business Advisers Bourbon Court Nightingales Corner Little Chalfont Bucks, HP7 9OS
Date:
PAROCHIAL CHURCH COUNCIL OF ST. MARY THE VIRGIN, WARE
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) For the year ended 31 December 2021
| Note 2a 2b 2c 2d 3a 3b 3c/d 10 6 INCOME AND ENDOWMENTS Donations and Legacies Trading Activities Income From Investments Income from Church Activities Charity Giving TOTAL INCOME EXPENDITURE Charitable giving Church activities Support costs TOTAL EXPENDITURE NET INCOME/(EXPENDITURE) AND NET MOVEMENT IN FUNDS BEFORE GAINS AND LOSSES ON INVESTMENTS TRANSFER BETWEEN FUNDS GAINS & LOSSES IN INVESTMENTS NET MOVEMENT IN FUNDS |
Unrestricted Restricted Restricted Endowment Funds Funds Funds Funds 2021 2020 Total Total Total PCC General PCC Restricted Child Church Choir/M usic Flower Fund Organ Fund Restoration £ £ £ £ £ £ £ £ £ £ £ 83,501 151 870 - - 92,616 11,488 - - - - - - - - 7,639 356 127 - - 0 - - 127 224 500 2592 1307 - - - - - - - - 84552 11,488 707 25,962 1307 24499 122614 127 151 870 - - 1148 224 123986 125254 1054 - - - - - - - - 1054- - 113226 - - 100 883 - - 983 - - - 4416 96 - - 96 - 114209 4512 117,001 118,695 3918 96 - 100 883 - - 1079 - 119775 117,001 31 - 51 (12) - - 69 224 4211 8253 - - - - - - - - - - - - - - - - - - 1,121 1,121 - 3918 31 (12) - - 69 1345 5322 8253 51 TOTAL FUNDS 1021 |
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| Reconciliation of funds Balance Brought Forward 1st January |
343 14750 3386 290 750- 1997 133 6899 17206 38855 26,338 |
| Balance Carried Forward 31st December | - 18668 3417 340 341 738 1997 133 6968 18551 44187 34591 |
All St. Mary normal activities are continuing.
The notes numbered 1 to 11 form part of these financial statements.
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PAROCHIAL CHURCH COUNCIL OF ST. MARY THE VIRGIN, WARE
BALANCE SHEET For the year ended 31 December 2021 Notes at end of file
| FIXED ASSETS Investments TOTAL CURRENT ASSETS Cash at Bank & in hand TOTAL CURRENT ASSETS LIABILITIES Accruals - independent examination Wedding deposits/SADBF Charity donations Accrued costs TOTAL CURRENT LIABILITIES TOTAL ASSETS LESS CURRENT LIABILITIES LIABILITIES due after more than one year NET ASSETS Transfers between funds THE FUNDS OF THE CHARITY Unrestricted Restricted Endowment TOTAL CHARITY FUNDS |
Unrestricted Restricted Restricted Endowment Funds Funds Funds Funds 2021 2020 Total Total Total PCC General PCC Restricted General Account Children's church Choir/Music Flower Fund Organ Fund Restoration £ £ £ £ £ £ £ £ £ £ £ - - - - - - - 20,841 20,841 12,973 TOTAL FUNDS |
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| - - - - - - - 20,841 20,841 12,973 - - - - - - - - - - - 19,919 3,418 1,869 340 214 743 1,998 4,335 12,917 - 32,836 31,879 - |
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| 19,919 3,418 1,869 340 214 743 1,998 4,335 12,917 20,841 32,836 31,879 2,985 - - - - - - - - 2,985 2,985 6,252 - - - - - - - - 6,252 2,407 253 - - - - - - - 253 636 - - - - - - - - - - - - - - - - - |
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| 9,490 - - - - - - 9,490 6,028 10,429 3,418 1,869 340 214 743 1,998 4,335 12,917 20,841 44,187 25,851 - - - - - - - - - - - |
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| 10,429 3,418 1,869 340 214 743 1,998 4,335 12,917 20,841 44,187 38,824 |
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| - - - - - - - - - - - - 10,429 - - - - - - - - 10,429 14,750 - 3,418 1,869 340 214 743 1,998 4,335 12,917 - 12,917 6,898 - - - - - - - - 20,841 20,841 12,943 |
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| 10,429 3,418 1,869 340 214 743 1,998 4,335 12,917 20,841 44,187 34,591 |
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Approved by the Parochial Church Council and signed on it's behalf by
Date: 26/05/2022 Rev Ysmena Pentelow (Chair)
Roger Hawkins (Churchwarden) Graham Meldrum (PCC Treasurer)
The notes on pages 11-16 form part of these accounts
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PAROCHIAL CHURCH COUNCIL OF ST MARY THE VIRGIN, WARE Registered Charity No. 1131681
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021
1 ACCOUNTING POLICIES
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value except for investment assets, which are shown at fair value.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared to give a ‘true and fair’ view and 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 adoption of the 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 by the Update Bulletin 2 for accounting periods beginning on or after 1 January 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has been withdrawn. The financial statements are prepared in accordance with the Charities Act 2011.
The financial statements have been prepared under the historical cost convention except for the valuation of investments, which are shown at fair value. The financial statements have been prepared on a going concern basis. There are sufficient reserves to substantiate this.
Funds
General funds represent the funds of the Parochial Church Council that are not subject to any restrictions regarding their use and are available for application on the general purposes of the Parochial Church Council. Funds designated for a particular purpose by the Parochial Church Council are also unrestricted.
Restricted funds can only be used for the purpose for which they have been given. The income from the endowment funds is unrestricted and is used for the purposes as shown in note 6 to the financial statements. The accounts include all transactions, assets and liabilities for which the Parochial Church Council is responsible in law. They do not include accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members.
Income
Voluntary income and capital sources
Collections are recognised when received by or on behalf of the Parochial Church Council. Planned giving receivable under stewardship is recognised only when received. Income tax recoverable on gift aid donations is recognised when the income is recognised.
Grants and legacies to the Parochial Church Council are accounted for as soon as the Parochial Church Council is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the Parochial Church Council is more likely than not. Where a grant towards specific expenditure is notified before the yearend and paid afterwards it is recognised to the extent that the associated expenditure has been incurred.
Income from investments
Interest is accounted for when receivable.
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PAROCHIAL CHURCH COUNCIL OF ST MARY THE VIRGIN, WARE Registered Charity No. 1131681
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021
ACCOUNTING POLICIES - continued
Expenditure
General Expenses are included on an accruals basis inclusive of VAT which is not recoverable. Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the Parochial Church Council. Activities directly relating to the work of the Church
The ‘Parish Share’ is accounted for when payable. Any amount unpaid as at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the balance sheet.
Support Costs
Support activities provide the governance infrastructure which allows the PCC to operate and to generate the information required for public accountability.
Fixed Assets
Consecrated land and buildings and moveable church furnishings
Consecrated and beneficed property is excluded from the accounts by a 10(2) of the Charities Act 2011.
Moveable church furnishings held by the Churchwardens on special trust for the Parochial Church Council, and which require a faculty for disposal are accounted for as inalienable property unless consecrated. They are listed in the church’s inventory which can be inspected (at any reasonable time). For inalienable property acquired prior to 2001 there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1 January 2001 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life (initially over 4 years) on a straight-line basis. Other fixtures, fittings and office equipment
Equipment used within the church premises is depreciated on a straight-line basis over 4 years. Individual items of equipment with a purchase price of £2,000 or less are written off when the asset is acquired.
Current Assets
Amounts owing to the Parochial Church Council as at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable. Short-term deposits include cash held on deposit with the bank, CBF Church of England Funds or with Building Societies.
Gains and Losses on Investments
Realised gains and losses are recognised when the investments are sold. Unrealised gains and losses are accounted for on revaluation of investments at 31st December.
Post Balance Sheet Events
The Coronavirus (COVID-19) has made an impact on businesses. As a result some operations have been restricted. The Trustees are continuing to monitor, assess and act to the current changing environment.
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PAROCHIAL CHURCH COUNCIL OF S. MARY THE VIRGIN, WARE
Notes to the Financial Statements
For the year ended 31 December 2021
1 ACCOUNTING POLICIES
| 2 INCOME 2a Donations and Legacies Planned Giving Scheme Gift Aid/Tax recoverable on PGS Other Planned Giving Other Gift Aid Collections at Services Grants - PCLC to PCC - English Heritage Donations/Appeals Charities From PCC Other Donations 2b Trading Activities Hall Lettings All events fundraising 2c Investment Income Dividends - Gisby Bequest - Light & Air - Duval Bequest - Murvell Evans CBF bank Interest 2d Income from Church Activities Bible Notes Parish Newsletter PCC & DBF Fees Pantomime & Cathedral Visits Wedding/Funeral Fees Miscellaneous TOTAL INCOME |
Unrestricted Restricted Restricted Endowment Funds Funds Funds Funds 2021 2020 Total Total Total PCC General PCC Restricted Child Church Choir/M usic Flower Fund Organ Fund Restoration £ £ £ £ £ £ £ £ £ £ £ 41,085 0 0 0 0 0 - - 41,085 41,078 9,596 - - 9,596 9,176 14,490 120 - 14,610 9,835 2,400 - - 2,400 - 5,040 - - 5,040 9,636 3,300 - - 3,300 18,000 1307 - - - - - - - - 120 - 1,307 738 - 150 140 290 - 290 - 7,590 1 730 - 731 - 8,321 4,153 84808 120 - 151 870 - - 1141 - 85,949 92,616 - 949 - - - - - - - - 949 1,176 10,538 - - - - - - - - 10,538 6,463 - - 11,488 - - - - - - - - 11,488 7,639 - - 224 224 216 - - - - 11 3 - 3 3 18 4 - 21 356 - - 0 - - 4 - 359 233 - - 356 7 - - 0 - - 7 224 586 500 173 - - - - 173 169 545 - - - - 545 315 46 - - - - - - - 46 15 - - - - - - - - 12,995 - 12,995 200 12,204 - - - - - - - 12,204 5,800 25,962 - - - - - - - - 25,962 6,499 121,307 1,307 - 151 870 - - 1148 224 123986 107,254 TOTAL FUNDS |
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PAROCHIAL CHURCH COUNCIL OF S. MARY THE VIRGIN, WARE
Notes to the Financial Statements
For the year ended 31 December 2021
3 EXPENDITURE
| 3a Other Cost incurred applying for grants Stewardship & gift aid envelopes 3b Raising Funds Expenses Fetes, Bazaars etc. 3c Church Activities Charitable Giving - Bishop's harvest appeal - Charities - Stewardship Activities - - - Ministry - Parish Share Clergy Expenses Church Running Expenses (Ins/Gas/Elec) Weddings and Funerals Church Repairs & maintenance equip Redecoration of North Transcept Projects Upkeep of Services (Altar Req/Books/Prayer cards) - Choir & Robes/Music/Flowers/Candles.. Church Newsletter Training & education Childrens Church Hall Running Costs Miscellaneous Salaries/Honoraria - Organists - Cleaner - Verger - Administrator 3d Support Costs Bank Charges Data Protection DBS Checks Stationery/website maintenance Petty cash Governance Costs Independent Examination + VAT TOTAL EXPENDITURE |
Unrestricted Restricted Restricted Endowment Funds Funds Funds Funds 2021 2020 Total Total Total PCC General PCC Restricted Child Church Choir/M usic Flower Fund Organ Fund Restoration £ £ £ £ £ £ £ £ £ £ £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1054 4,856 - - - 2,764 1,054 - - - - 65,631 - - 65,631 60,170 746 - - - - - - - - 746 398 15,112 - - - - - - - - 15,112 16,860 2,407 - - 2,407 5,461 3,411 - - - - - - - - 3,411 5,285 - - - - - - - - - 11,407 - - - - - - - - 11,407 1,084 - - - - - 2,461 - - - 2,461 2,158 - - - - - - - - - - - - - - - - - - 104 - - - - - - 3038 - - 100 883 - 983 - 4021 6,506 4,300 - - - 4,300 2,430 853 - - - 853 1,079 560 - - - - - - - - 560 400 3,300 - 3,300 3,120 114,280 - 100 883 - - 983 - 115262 112,675 - - - - - - - 96 - 96 - - 96 - - - - - - - - - - - - - - - - - - - 1,431 - - - - - - - - 1,431 1,079 - - - - - - - - - - - 2985 - - - - - - - - 2985 3,247 4,416 96 - - - - - - - 4512 4,326 118,696 96 - 100 883 - 1079 - 119774 117,001 TOTAL FUNDS |
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PAROCHIAL CHURCH COUNCIL OF ST MARY THE VIRGIN, WARE
Notes to the Financial Statements (continued) For the year ended 31 December 2021
| 4 STAFF COSTS Salaries Organist/Choirmaster & Assistant Verger The Parish Administrator is paid by the Parish Clerks Land Charity There are no wages paid to key management or members of the PCC. 5 CHURCH RESTORATION WORK Redecoration of North Transcept Projects Total 6 FIXED ASSETS FOR USE BY THE PCC Investments At Valuation 1) The Gibsy Bequest (Endowment) Income for the purchase of Communion Vessels 377 Shares in the CBF Investment fund 2) The Duval Bequest (Endowment) Income for Church Fabric Repairs In CBF Deposit Account 3) The Light & Air Fund (Endowment) Income unrestricted In CBF Deposit Account Total Value of Investments at 31 December 2021 5) The Candle Fund (Endowment) Income to offset cost of candles 6) Murvell Evans charity Income for the poor of the parish Total Value of Endowment Funds at 31 December 2021 Realised gains and losses are recognised when the investments are sold. Unrealised gains and losses are 7 DEBTORS Tax Recoverable Administrator salary/independent exam (PCLC) Vicarage costs owed by SADBF 8 CREDITORS DUE WITHIN ONE YEAR Independent examination fees wedding deposits Charity donation - Zimbabwe Charity Donation - Bishops Harvest SADBF wedding fees |
2021 £ 4,300 560 4,860 2021 £ - 11,407 11,407 2021 Additions Disposals Movement £ 8,829 - - 1,121 3,235 - - 0 2,000 - - 0 0 - - - |
2020 £ 2,430 400 |
|---|---|---|
| 2,830 | ||
| 2020 £ - 1,084 |
||
| 1,084 2020 £ 7,708 3,235 2,000 |
||
| 14,064 0 0 1,121 |
12,943 | |
| 2,112 - - - 4,665 |
2,112 4,263 |
|
| 6,777 0 0 |
6,375 | |
| accounted for on revaluation of investments at 31 December 2021 £ - - - - 2021 £ 2,985 0 253 - 6,252 9,490 |
2020 £ - - - |
|
| - | ||
| 2020 £ 2,985 0 636 2,407 |
||
| 9,490 | 6,028 |
9 CONNECTED CHARITY
The Parish Clerks Land Charity is a connected charity. It meets the cost of performing services previously undertaken by the parish clerk and assisting with music and administration expenses. At the discretion of the trustees any unutilised amounts are available for ecclesiastical purposes in the parish of Ware. The charity can be contacted via the Parish Office.
10 TRANSFERS BETWEEN FUNDS
The Amounts transferred between PCC and Restoration fund are budgeted amounts.
PAROCHIAL CHURCH COUNCIL OF ST MARY THE VIRGIN, WARE Notes to the Financial Statements (continued) For the year ended 31 December 2021
11 RELATED PARTY TRANSACTIONS
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RELATED PARTY TRANSACTIONS 2021 2020
£ £
Trustee donations received without conditions - -
Expenses paid to Rev Y Pentelow - -
Expenses paid to other (retired)clergy - 398
Expenses paid to Clergy 746
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PAROCHIAL CHURCH COUNCIL OF ST. MARY THE VIRGIN, WARE
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) For the year ended 31 December 2020
| Note INCOME AND ENDOWMENTS Donations and Legacies 2a Trading Activities 2b Income From Investments 2c Income from Church Activities 2d TOTAL INCOME EXPENDITURE Other 3a Raising Funds 3b Church Activities 3c/d TOTAL EXPENDITURE NET INCOME/(EXPENDITURE) AND NET MOVEMENT IN FUNDS BEFORE GAINS AND LOSSES ON INVESTMENTS TRANSFER BETWEEN FUNDS 10 GAINS & LOSSES IN INVESTMENTS 6 NET MOVEMENT IN FUNDS Reconciliation of funds |
UnrestrictedRestricted Restricted Endowment Funds Funds Funds Funds 2020 2019 Total Total Total PCC General PCC Restricted Child Church Choir/ Music Flower Fund Organ Fund Restoration £ £ £ £ £ £ £ £ £ £ £ 91,540 738 2 127 201 8 - 1,076 - 92,616 88,654 7,639 - - - - - - - - 7,639 14,377 0 - - 1 1 - - 2 498 500 916 6,499 - - - - - - - - 6,499 29,602 105,678 738 2 128 202 8 - 1,078 498 107,254 133,549 - - - - - - - - - - - - - - - - - - - - - - 109,158 3,305 - 128 292 - 4,118 7,843 - 117,001 134,136 109,158 3,305 - 128 292 - 4,118 7,843 - 117,001 134,136 (3,480) (2,567) 2 (0) (89) 8 (4,118) (6,765) 498 (9,746) (587) - - - - - - - - - - - - - - - - - - - 0 - 0 - 975 - (3,480) (2,567) 2 (0) (89) 8 (4,118) (6,765) 498 (9,746) (1,562) TOTAL FUNDS |
|---|---|
| Balance Brought Forward 1st January | 230 5,953 341 290 839 1,989 4,251 13,663 12,445 26,338 27,900 |
| Balance Carried Forward 31st December | -3,250 3,386 343 290 750 1,997 133 6,898 12,943 16,592 26,338 |
All St. Mary normal activities are continuing.
The notes numbered 1 to 11 form part of these financial statements.
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