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2020-12-31-accounts

PARISH OF MORRISTON

PAROCHIAL CHURCH COUNCIL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

Administrative information

The Parish is part The Church in Wales in the Area Deanery of Afon Tawe in the Ministry Area of Tawe Isaf in the Diocese of Swansea and Brecon. The Parish is registered with the Charity Commission. Its registered number is 1131686

Its correspondence address is The Vicarage, 129 Clasemont Road, Morriston, Swansea SA6

The dedication of the Church is St David’s and it is located on Woodfield Street, Morriston, Swansea.

Parochial Church Council (PCC) members

The PCC members who have served in the period from 19 April 2020 to the date of this report are as follows:-

Incumbent Rev HM Lervy
Vicar’s Warden Mrs LG Lewis
People’s Warden Mr K Lewis
Other Members Mr T Barrow
Mrs J Cooze
Mrs G Demery Secretary
Miss S Davies
Mrs CA Evans
Mrs M James
Mrs A Lewis
Mr G Lewis Treasurer
Mrs N Morris
Mr M Edwards
Mrs S Waby
Ms R Dowd

PCC members are appointed in accordance with the constitution of The Church in Wales and serve from the date of the annual parish meeting to the conclusion of the meeting for the following year. The parish meeting for 2019 was held on 19 April 2020.

Page 1

Objectives and activities

The promotion of the whole mission of the Church, pastoral, evangelical, social and ecumenical in the parish.

Achievements and performance This year Last year
Electoral Roll members 156 164
Easter communicants - 135
Christmas communicants - 128
Regular contributing members 114 117

Due to Lockdown restrictions it was not possible to hold services at Easter or Christmas and therefore no communicants could be recorded for either Festival.

Statement of Trustees Responsibities

To comply with the provisions of the Constitution of the Church in Wales.

Review of the Year

The proposals in the Diocese to change the method of allocation of Parish Share was brought into effect for this year whereby the Deanery could decide its own apportionment between Parishes of a global amount allocated by the Diocesan Board of Finance and this is causing some uncertainty as to the costs which will be payable in the future by the individual Parishes. The PCC are therefore concerned that they ensure the continued maintenance of the Reserves which the Parish has accumulated over the past years.

Financial Review

The Parish had a surplus in the year of £7929 (2019-surplus £17690). This surplus arose through the receipt of financial support from the Representative Body of the Church in Wales which materially reduced the amount payable to the Diocese for Parish Share, without this support there would have been a deficit of approximately £12000. The amount due for Parish Share for 2021 is provisionally set at £69639. Early indications are that there will be some further support for 2021.

Future Plans

A quinquennial inspection carried out in 2016 has identified some longer-term issues. The major more current matters identified in that report are being addressed.

Reserves Policy

The PCC have not fixed a level of reserves but it recognises that to be prudent it must strive not to allow the level of reserves as they currently stand to fall materially.

Public Benefit

The PCC have considered the guidance issued by the Charity Commission and are satisfied that through their community activities and utilisation of church property for community use are providing services to the general public in the Parish of Morriston.

Advisors

Bankers

Solicitors

Independent Examiner Bankers Alan Usher HSBC plc

Approved by the Parochial Church Council on 21 March 2021 and signed on its behalf by

Rev HM Lervy

Chairman

Page 3

Parish of Morriston

Independent Examiner’s Report to the members of the Parochial Church Council

I report on the Financial Statements of the Parish of Morriston for the year ended 31 December 2020 which are set out on pages 5 to 7.

Respective responsibilities of Parochial Church Council and Examiner;

As the Parochial Church Council, you are responsible for preparing the financial Statements and consider that the audit

requirements of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commission under section 43(7)(b) of the Act, whether particular matters have come to my attention.

Basis of Independent Examiner’s report:

My examination was carried out in accordance with the General Directions given by the Charity

Commissioners. An examination includes a review of the accounting records kept by the Parochial Church Council and a

comparison of the Financial Statements presented with those records. It also includes consideration of any unusual items or disclosure in the Financial Statements, and seeking explanations from you as Parochial Church Council members concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express and audit opinion on the view given by the Financial Statements.

Independent Examiner’s statement:

In connection with my examination, no matter has come to my attention:

Independent Examiner:

Alan Usher

Date 21th March 2020

Page 4

Parish of Morriston

Statement of Financial Activities at 31 December

Note no
Incoming Resources/Receipts
Voluntary Income
Planned Giving
1
Loose Collections
Donations
For Mission
Tax Refunds
Legacy gifts
6
Grants
Generated Income
Money Raising
Fees
Investment Income
Other Incoming Resources
Total Incoming Resources/Receipts
Resouces Expended /Payments
Support for Ministry
Parish Share
Parochial Expenses ofClerics
Other
Parish Activities
Maintenance of Services
General Parish Expenses
Church Property
Maintenance of Churches
Maintenance of other property
Exceptional expenditure
Grants and Financial Support
Parish
Home/World
Other Resources Expended
Capital payments
Costs of Money Raising
Total Resources Expended/Payments
Net Movements in Funds
Balance Brought Forward
01 January
General
Funds
Restricted
Funds
Total
2020
Total
2019
£
47,871
873
2,260
1,847
8,978
1,000
1,594
411
11
10,436
£






1000



£
47,871
873
2,260
1,847
8,978
1,000
1,000
1594
411
11
10,436
£
52,360
3,153
4,150
2,589
9,280
28,137
0
4,907
1,108
14
16,044
75,381 1000 76,381 121,752
70,232
2,590
718
2,312
11,689
706
0
66
2,278
141









520
70,232
2,590
718
2,312
11,689
706
0
66
2,278
661
70,232
4,117
30
2,437
5,956
14,257
3,480
0
611
2,859
0
83
67,932 520 68,452 104,062
7,449
131,924
480
319
7,929
149,933
17,690
132,243

Balance Carried Forward

31 December

149,614

799 157,862

149,933

Parish of Morriston

Statement of Assets and Liabilities as at 31 December

Cash Funds
Cash Balances
Bank Current Accounts
Bank Deposit Accounts
Other Monetary Assets
Investment Assets
Term Deposits
Quoted Investments
Other
Liabilities
Unpaid items
2
Total Assets
Represented By
Accumulated Fund at 1 January
Surplus/-Deficit for the year
General
Funds
Restricted
Funds
Total
2020
Total
2019
£
136,905
12,051
10,640
-2,533
£
799


£
137,704
12,051
10,640
0
-2,533
£
131,681
12,040
9,450
0
-3,238
157,063 799 157,862 149,933
149,614
7,449
319
480
149,933
7.929
132,243
-17,690
157,063 799 157,862 149,933

Approved by the PCC on 15th March 2020 and signed on their behalf

Rev HM Lervy Chairman

Notes to the Accounts

Accounting Policy

The accounts have been prepared on a receipts and payments basis as adjusted for items of expenditure where the liability had been incurred at the accounts date but payment had not been made.

Income from tax rebates on gift aid have been included in these accounts if claim for repayment has been made.

The accounts are drawn up in accordance with the format recommended in the Church in Wales as amended to reflect the requirements of the Charities Accounting Regulations and the related Statement of Recommended Practice

1. Direct giving- planned

Represents envelope and covenanted collections including amounts received by standing order.

2. Liabilities

These represent amounts received in the year and payable to third parties after the year end and outstanding bills in respect of work carried out not yet approved for payment.

3. Other Assets

The following assets are held by Trustees for the benefit of the Parish

Land at St John's Square (RB).

4. Trustees Remuneration

No remuneration was paid to any PCC member for services provided to the Parish.

Expenses amounting to £2590 (2019-£4117) relating to costs paid on behalf of the Parish were reimbursed to Rev HM Lervy during the year.

5. Commitments

Expenditure totalling nil (2019-£nil) has been authorised and committed at the year end.

6. Legacy Gifts

These include the balance received from the Estate of the late Mr Harry Foreman and a gift from the late Mrs Elaine Hope.