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2021-12-31-accounts

Charity Registration No. 1131687

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

PCC MEMBERS’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

LEGAL AND ADMINISTRATIVE INFORMATION

PCC Members
PCC Members Mrs Emily Billson Mr Stephen Norris
Reverend Hugh Bourne Mrs Pamela Orna – Ornstein
Mrs Hilarie Carter Mr Richard Painter
Dr Paul England Mr Gordon Scoble
Dr Kevin Hargin Reverend Stuart Silk
Mrs Val Hillyard Dr Katie Spensley
Mr Samuel Griffiths Mrs Teresa Sutton
Mr Robert Kingdom Mr Jeremy Taylor
Mrs Sarah Newnham Mr Oliver Taylor
Mrs Clare Nibloe Mr Laurence Trigwell
Mr David Nicholls Mr Cavan Wood
Reverend Dr Stephen Nichols
Charity Number 1131687
Principal Office The Tiger
High Street
Lindfield
West Sussex RH16 2HR
Independent Examiners TC Group
The Courtyard
Shoreham Road
Upper Beeding
Steyning
West Sussex BN44 3TN
Bankers Barclays Bank plc
Leicester
LE87 2BB
CCLA Investment Management Limited
CBF Church of England Funds
80 Cheapside
London
EC2V 6DG
Architect Mark Anderson
John D Clarke Architects
2 West Terrace
Eastbourne
East Sussex BN21 4QX

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

CONTENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

Page
PCC members' report 1 - 7
Statement of PCC members' responsibilities 8
Independent Examiners' report 9
Statement of financial activities 10
Balance sheet 11
Cash flow statement 12
Notes to the accounts 13 - 24

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

PCC MEMBERS’ REPORT

FOR THE YEAR ENDED 31 DECEMBER 2021

The PCC members present their report and accounts for the year ended 31 December 2021 of The Parochial Church Council of the Ecclesiastical Parish of All Saints, Lindfield.

The accounts have been prepared in accordance with the accounting policies set out in note 2 to the accounts and comply with the Charities Act 2011 and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) – (Charities SORP (FRS 102)).

Aims and Purposes

All Saints is an Anglican Church with a strong evangelical tradition serving the parish of Lindfield and is situated on the High Street. It is part of the Diocese of Chichester and the Deanery of Cuckfield within the Church of England. The parish is a charity registered with the Charity Commission no 1131687 and the members of the Parochial Church Council (PCC) are its trustees. The PCC is the local representative body in accordance with the governance regulations of the Church of England. The Patron is Church Society Trust, a conservative evangelical association. Our purpose is to follow the Lord Jesus Christ and to make and grow fellow disciples who will make his name known and honoured throughout our community and beyond.

Our aims are:

Although we are a local Church, we are also committed to supporting God’s work further afield – through the Sussex Gospel Partnership and through our many mission partners in this country and across the world.

The PCC have had due regard to guidance published by the Charity Commission on public benefit.

During the year 2021 the following served as members of the Parochial Church Council:

Ex-officio

Incumbent: Reverend Dr Stephen Nichols (Chair: September - December) Associate Vicar: Reverend Stuart Silk Assistant Minister: Reverend Hugh Bourne Churchwardens: Dr Katie Spensley (Chair: January – August, Vice Chair: September - December) Mr Laurence Trigwell (Vice Chair: January - August)

Elected

Mrs Emily Billson Mrs Sarah Newnham Mrs Hilarie Carter Mrs Clare Nibloe Mr Samuel Griffiths Mr Stephen Norris Dr Kevin Hargin Mrs Pamela Orna-Ornstein Mrs Val Hillyard Mr Richard Painter Mr Robert Kingdom (Treasurer) Mr Oliver Taylor

Deanery Synod representatives

Dr Paul England Mrs Teresa Sutton Mr David Nicholls Mr Jeremy Taylor Mr Gordon Scoble Mr Cavan Wood

Diocesan Synod representatives

Reverend Hugh Bourne

1

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

PCC MEMBERS’ REPORT

FOR THE YEAR ENDED 31 DECEMBER 2021

Co-opted member

Parish Safeguarding Officer: Mrs Jennie Herring Other Elected Officers (not members of Parochial Church Council) PCC Secretary: Mrs Liz Jessop Electoral Roll Officer: Mr Ken Martin

Objectives

The objectives of All Saints are to put into effect its stated aims. It does this by structuring its life into eight ministry streams so as to fulfil its aims, purposes and objectives. The eight ministry streams are: Prayer & Worship (The Gathered Church), Discipleship and Growth, Youth & Children, Welcome & Fellowship, World Mission & Social Justice, Outreach & Witness, Pastoral Care & Practical Support, Operations & Communications.

The PCC met 11 times during the year (mainly via Zoom) and the primary objective of the PCC is to cooperate with the Vicar in promoting the whole mission of the church – pastoral, evangelistic, social and ecumenical – to the benefit of the parish. We aim to serve Christ in every aspect of our lives, locally within the parish of Lindfield and engaging in and supporting God’s work further afield. The PCC considers prayerfully with the Vicar how the mission of the church can go forward and what resources can be allocated to it. Together, they decide on broad areas of policy which define the day to day work of the church.

To achieve these objectives the PCC employs a number of people:

Employment commenced
Janine Bending Children’s Pastor 01.07.2020
Carrie Britton Pastor for Seniors 01.07.2019
Peter Candy Premises and Estate Officer 08.10.2018
Antonia Easley Pastor for Women and Families Sept. 2007
Maria Emmerton Church Accountant 29.03.2016
Mandy Fisk Cleaner Sept. 1994
Sarah Hagger Assistant Church Manager Oct.1998
Stephen Norris Church Manager 01.09.2015
Jonny Payne Youth Pastor 01.09.2017
Chris Steynor Associate Minister for Music 01.09.2015

Structure, Governance and Management

Membership of the PCC is determined under the Church Representation Rules and consists of ex-officio members (the incumbent, associate vicar and assistant minister), the Churchwardens and members of the Deanery, Diocesan or General Synods and up to 12 members of the church who are elected at the Annual Parochial Church Meeting (APCM). Each year Church members who are on the electoral roll are invited to stand for the PCC. Notification of forthcoming elections is posted on the church noticeboard and given in the All Saints News. Members are elected or retiring members re-elected for a period of 3 years at the APCM. Churchwardens are elected at the Annual Meeting of Parishioners that precedes the APCM.

The PCC is responsible for a wide range of matters affecting the parish, including financial administration of the church, the stewardship of funds, the appropriate accounting and reporting of the parish finances, maintenance and repair of church buildings and equipment, and compliance with health and safety, disability and child protection legislation.

The PCC works to ensure that each member of the Council is equipped to fulfil their role and each new member is paired with an existing member who oversees their induction into the role and responsibilities. The churchwardens, secretary and treasurer each attend courses run by the diocese on their particular work. Regular mailings from the diocese keep these officers up to date with changes in church regulations and financial procedure and these are reported to the whole PCC as appropriate.

2

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

PCC MEMBERS’ REPORT

FOR THE YEAR ENDED 31 DECEMBER 2021

The Parish Safeguarding Coordinator is responsible for ensuring that a Disclosure and Barring Service (DBS) check is conducted on all those who work with children and vulnerable adults in the church. The PCC arranges for a representative of all church groups to attend First Aid courses run by the Red Cross or similar accredited body.

The PCC has appointed six committees and a number of working groups and ad-hoc Review Groups, as follows. These are governed by Terms of Reference as set by the Vicar and are accountable to, and report to, the full Council. The committees, working groups and review groups are able to co-opt members from outside the PCC.

Risk Assessment and Management

The PCC reviews annually all the risks that might affect All Saints. A Risk Register is maintained that summarises all our potential risks, assigning ownership of these risks to individuals and evaluating any likely impact and the adequacy of controls. No critical risks have been identified. The risks with the highest potential impact are those with regard to financial income. The PCC is content that with our annual Stewardship Appeal and other fabric related appeals and the immense generosity shown by the congregation, adequate controls are in place to mitigate any potential impact.

Financial Review

Total income for the year across all funds was £787,000 (2020: £589,000). Notes 6 and 7 of the accounts provide a detailed breakdown of total expenditure for the year across all funds, of £669,000 (2020: £598,000). There were investment gains of £62,000 (2020: £6,000). This resulted in a net increase in funds of £180,000 to £2,624,000 at the end 2021. Of this amount £1,914,000 was held in property and approximately £710,000 was held in cash and readily realisable investments.

A description of the types of funds along with their performance during 2021 is set out below:

The General Fund meets the day to day running expenses for the ongoing activities of the church. For 2021 a deficit had been budgeted in the knowledge that reserves were well above the level required by the church’s reserves policy. However, actual costs were significantly under budget due to the Covid related closure of the church and reduced levels of church activity.

3

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

PCC MEMBERS’ REPORT

FOR THE YEAR ENDED 31 DECEMBER 2021

This, together with income being slightly ahead of budget resulted in a surplus of £12,000.

Accordingly, General Fund income received during the year was £591,267, an 8% increase on the previous year (2020: £549,186). Expenditure and transfers amounted to a charge of £579,585 (2020: £588,383) and, therefore, a surplus of £11,682 (2020: deficit of £39,197) was made. The balance carried forward on the fund at 31st December 2021 was £146,091 (2020: £134,409).

Restricted funds

Restricted Funds represent funds received that are to be used for the specific purposes as requested by the donor. The principal fund is the Mission Fund (for personal giving) which covers donations received from individuals for mission support around the world. In 2021 it also included the Vicarage Refurbishment Fund and Churchwardens’ Gratitude Fund.

Total income received into the Restricted Funds during the year was £59,426 (2020: £37,909). Expenditure and transfers amounted to a charge of £63,518 (2020: £70,663) and, therefore, a deficit of £4,092 (2020: £32,754) was incurred. The balance carried forward on the funds at 31st December 2021 was £61,785 (2020: £65,877).

Designated funds

Designated Funds represent funds set aside by the PCC for specific purposes. The largest funds are the Property Fund (to hold the property assets of the church), the Fabric Fund (to maintain all the church properties), the Mission Fund (to support mission partners and programs as designated by the PCC each year) and the Legacy Fund.

Total income received into the Designated Funds during the year was £136,077 (2020: £774). In 2021 the majority of this arose from the receipt of three substantial legacies.

Expenditure, gains on investments and transfers amount to a credit of £33,984 (2020: £65,746) and, therefore a surplus of £170,061 (2020: £66,520) was made. The Property Fund benefitted from a £50,000 revaluation of one of its housing properties.

The balance carried forward on the funds at 31st December 2021 was £2,358,206 (2020: £2,188,145).

Endowment funds

Endowment Funds represent funds for which the capital must be maintained and the income derived from the capital is used for the purposes as set out in the original endowment. The principal fund is the Keith Marsh Endowment Fund which supports young people who are connected with All Saints in carrying out youth or mission work.

Income received into the Endowment Fund during the year was £Nil (2020: £1,198). Expenditure and gains on investments amount to a credit of £2,106 (2020: £1,133) and, therefore, a surplus of £2,106 (2020: £2,331) was made. The balance carried forward on the funds at 31st December 2021 was £57,620 (2020: £55,514).

In summary, the PCC considers that All Saints continues to be in a strong financial position to meet its ongoing commitments.

PCC Policies

Investment Policy

The PCC’s investment strategy is to maximise income while protecting capital without taking undue risks. The majority (81%) of our funds are held in instant access cash accounts.

4

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

PCC MEMBERS’ REPORT

FOR THE YEAR ENDED 31 DECEMBER 2021

Reserves Policy

It is PCC policy to maintain a balance on the general unrestricted fund (excluding property) which equates to approximately two months of unrestricted payments, as contingency against unforeseen situations. Based on the 2022 budget this requires us to have funds of £106,000. The closing balance this year of £146,091 (2020: £134,409) gives us more than enough funds to meet this policy. The church holds free reserves of £980,289 at the 2021 balance sheet date (2020: £762,431).

Achievements and Performance

‘Achievement’ and ‘Performance’ are not appropriate terms for assessing the church’s primary mission, which is to make disciples of Jesus Christ. Noted in this section are the attendance and membership figures required by the Church of England.

Electoral Roll & Church Attendance

At 31st December 2021, there were (2020 figures in brackets) 405 (413) names on the church electoral roll, 239 [59%] live within the Parish and 166 [41%] were not resident in the parish.

In person church attendance was again affected by Covid-19 throughout 2021. In the early part of the year only live streamed Services were possible, due to the third national lockdown. As the year progressed a hybrid approach was adopted by offering in person Services (with numbers restricted due to Covid-19 safety measures) with live streamed broadcasts too. All our live streamed Services were saved to our YouTube channel enabling the congregation to view them live or at a later date.

As reported in last year’s Trustees’ Report it would be inappropriate to draw any conclusions regarding both in person attendance and viewers online, other than to report that combining both in person attendance numbers and online views the total typically exceeded the numbers that we were attracting when only in person Services were delivered prior to the Covid-19 pandemic.

Sunday Worship

Sunday gathering for worship continues to be the core activity of the church from which all else in the parish ministry flows. It is the weekly meeting together of sung worship, prayer, the public reading and preaching of God's Word and celebration of the sacraments. Our usual pattern was:

8.00am

A quiet, traditional Holy Communion service, according to the Book of Common Prayer, 1662 held on 1[st] , 3[rd ] & 5[th ] Sundays of the month.

9.30am

A service for all ages with children and youth leaving after the first hymn to meet in the Tiger for ageappropriate teaching. Shorter services of All-Age worship were held on Sundays during school holidays and significant Christian festivals. Holy Communion was held once per month.

11.15am

A slightly more formal service, with singing led by the choir from within the congregation, accompanied by organ/keyboard. Morning Worship is held three times per month, Holy Communion once per month, with sermons similar at the two morning services.

Cornerstone (6.30pm service)

Though attended by all ages, Cornerstone has a particular focus on young people. This is reflected in its more informal style, music (band-led, generally contemporary songs) and deliberate involvement of the young people as much as possible in music, prayers, reading, etc. Cornerstone generally follows a different sermon series and also celebrates Holy Communion once per month.

The church is grateful for its team of dedicated Readers who support the preaching and leading ministry of the church. The team comprises: Alan Carter, Steve Hagger, Jeremy Taylor and Cavan Wood.

5

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

PCC MEMBERS’ REPORT

FOR THE YEAR ENDED 31 DECEMBER 2021

Future Plans

Following the licensing and installation of our new vicar, Rev. Dr. Steve Nichols in September 2021, we are beginning the process of discerning future direction for the church. However, at the request of the deanery, in November 2021 the PCC approved a Mission Action Plan (MAP), which has been submitted to the deanery to form part of its mission plan. The MAP highlights ten targets:

  1. Prayerfully Dependent

  2. We want to see a renewed commitment to praying for the mission of All Saints across all groups and ages. At the centre of this we will look to relaunch and refresh our in person, monthly church prayer meeting, and aim to see more people actively engaged in prayer for the life of our church.

2. Growing Generosity

We want to build disciples who are envisioned to give sacrificially of their gifts, time and money. We want to help each member to discern and use what God has given them to fully play their part in the life of the church. Financially, we want to broaden our ‘giving base’ to see new members partnering with us in mission. We want to grow into the financial challenges of 2022, specifically to fairly remunerate our employed staff and to preserve our historic buildings, providing a gospel base for Lindfield, for generations to come.

  1. Realising the ASPIRE Vision

Our re-ordered church building proved invaluable during the pandemic and growing outreach groups have found it has made a practical venue. We will commit to increasing the footfall within our premises by exploring wider usage of our facilities.

  1. Seniors Support

The pandemic has highlighted the vulnerability and loneliness of many seniors in our community. We will commit to supporting Tiger @ Ten and its off-shoot ministries as a means to reach out to our growing community of seniors.

  1. Confident in Faith

We want to see every member of our church family equipped, trained, increasingly confident and inspired to live out their faith on their ‘frontline’ and to share the good news of Jesus with friends and family. We want our Sunday services and midweek activities to be a place where it’s normal to invite friends to join us.

  1. Connecting with a new community Throughout the pandemic we have been aware of a booming property market, with many escaping the city for the country. Combined with new and planned housing developments we will seek creative ways to connect with and reach out to the new members of our community.

  2. Moving from Fringe to Core

In recent months we have attracted lots of new people to church, especially families with children. We want to build on our attractive children’s ministry outreach to see whole families won for Christ. It’s our aim to see these newcomers welcomed, integrated and committed to the Lord Jesus and his church here in Lindfield.

8. School Partnerships

Having been shut out of schools for nearly two years we are committing to restoring and strengthening our partnerships with local schools both by ‘going in’ through assemblies and curriculum support and by invitation to use our premises and join our groups.

  1. Digital Outreach

Building on the lessons of lockdown we will commit to exploring the better use of our website, social media, online advertising and video content.

10. 18-25 Ministry

Recognising that we provide little direct ministry for this age range, we will re-commit to explore ways to reach out to and build up young adults. Our Youth Ministry remains core to this in both preparing for the age group and offering opportunities to serve and grow.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

PCC MEMBERS’ REPORT

FOR THE YEAR ENDED 31 DECEMBER 2021

Statement as to disclosure of information to Independent Examiner

In so far as the PCC members are aware at the time of approving our PCC’s Member’s Report:

This report has been prepared in accordance with the Statement of Recommended Practice – Accounting and Reporting by Charities issued in March 2015.

On behalf of the Parochial Church Council

Reverend Dr Steve Nichols Chair and Vicar

Dr Katie Spensley

Church Warden

Date: 5 April 2022

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

STATEMENT OF PCC MEMBERS’ RESPONSIBILITIES

FOR THE YEAR ENDED 31 DECEMBER 2021

The PCC members are responsible for preparing the accounts in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

Law applicable to charities in England and Wales requires the PCC members to prepare accounts for each financial year which give a true and fair view of the Charity's financial activities during the year and of its financial position at the end of the year.

In preparing accounts giving a true and fair view, the PCC members should follow best practice and:

The PCC members are responsible for keeping accounting records that disclose with reasonable accuracy the financial position of the Charity and which enable them to ascertain the financial position of the Charity and which enable them to ensure that the accounts comply with the Charities Act 2011 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

8

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

Independent examiner’s report to the trustees of The Parochial Church Council Of The Ecclesiastical Parish Of All Saints, Lindfield

I report on the accounts of the Charity for the year ended 31 December 2021, which are set out on pages 10 – 24.

Responsibilities and basis of report

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

Having satisfied myself that the accounts of the Charity are not required to be audited and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

Since the Charities gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is a listed body.

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

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

Jonathan Aikens FCA, DChA for and on behalf of TC Group

The Courtyard Shoreham Road Upper Beeding Steyning West Sussex BN44 3TN Dated: 12 April 2022

9

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

STATEMENT OF FINANCIAL ACTIVITIES

(INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 DECEMBER 2021

Unrestricted
funds
Income from:
Notes
£
Donations, grants
and legacies
561,083
Other trading activities
3
596
Investments
4
11,840
Charitable activities
5
17,748
Total income
591,267
Expenditure on:
6
Charitable activities
450,683
Total expenditure
450,683
Gains on
investments
13
-
Net income/(expenditure)
140,584
Transfers between funds
16-18
(128,902)
Net movement in funds
11,682
Fund balances at
1 January 2021
134,409
Fund balances at
31 December 2021
19
146,091		 Restricted
funds
£

59,426

-

-

-
59,426

55,910
55,910

-

3,516

(7,608)

(4,092)

65,877

61,785		 Designated
funds
£
135,983
-
94
-
136,077
162,191
162,191
59,665
33,551
136,510
170,061
2,188,145
2,358,206		 Endowment
funds
£
-
-
-
-		 Total
2021
£
756,492
596
11,934
17,748		 Total
2020
£
559,092
266
12,965
1

16,744
- 786,770 ~~6~~
589,067
- 668,784 597,811
- 668,784 597,811
2,106 61,771 5,644
2,106 179,757 (3,100)
- - -
2,106 179,757 (3,100)
55,514 2,443,945
2,447,045
57,620 2,623,702
2,443,945

All income and gains for the year are recognised on the statement of financial activities. All of the church’s activities are classified as continuing.

10

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

BALANCE SHEET

AS AT 31 DECEMBER 2021

Notes
Fixed assets
Tangible assets
12
Investments
13
Current assets
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due within
one year
15
Net current assets
Total assets less current liabilities
Funds
19
Unrestricted funds
Designated funds
18
Endowment funds
17
Restricted funds
16
Total Funds		 2021
20 20
£
£
£
£
1,524,008
1,560,123
525,424
463,653
2,049,432
2,023,776
14,735
22,892
574,387
425,042
589,122
447,934
(14,852)
(27,765)
574,270
420,169
2,623,702
2,443,945
146,091
134,409
2,358,206
2,188,145
57,620
55,514
61,785
65,877
2,623,702
2,443,945		 2021
20 20
£
£
£
£
1,524,008
1,560,123
525,424
463,653
2,049,432
2,023,776
14,735
22,892
574,387
425,042
589,122
447,934
(14,852)
(27,765)
574,270
420,169
2,623,702
2,443,945
146,091
134,409
2,358,206
2,188,145
57,620
55,514
61,785
65,877
2,623,702
2,443,945
2,443,945
134,409
2,188,145
55,514
65,877
2,443,945

The accounts were approved by the Board of Trustees on 5 April 2022.

Reverend Dr Stephen Nichols Mr Robert Kingdom

Charity Registration No. 1131687

The notes on pages 12 to 23 form part of these financial statements.

11

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 DECEMBER 2021

Notes
Net cash from operating activities
22
Cash flows from/(used in) investing
activities
Interest income
4
Rental income
4
Payments to acquire tangible fixed assets
12
Total cash for investing activities
Increase/(Decrease) in cash
Analysis of net cash
Cash at bank and in hand		 2021
£
£
145,019
2,394
9,540
(7,608)
4,326
149,345
At 1
January
2021
Cash flow
£
£
425,042
149,345		 2021
£
£
145,019
2,394
9,540
(7,608)
4,326
149,345
At 1
January
2021
Cash flow
£
£
425,042
149,345		 2020
£
£
(14,922)
4,240
8,725
(58,944)
(45,979)
(60,901)
Non-Cash
changes
At 31
December
2021
£
£
-
574,387		 2020
£
£
(14,922)
4,240
8,725
(58,944)
(45,979)
(60,901)
Non-Cash
changes
At 31
December
2021
£
£
-
574,387
At 1
January
2021
£
425,042		 Non-Cash
changes
£
-
149,345 (60,901)
Cash flow
£
149,345		 At 31
December
2021
£
574,387

Cash and cash equivalents are made up entirely of cash at bank and in hand.

12

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2021

1 Statutory information

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Lindfield is an unincorporated charity, registered in England and Wales. The registered number and principal office address can be found on the legal and administrative information page.

2 Accounting policies

2.1 Basis of preparation

The financial statements have been prepared in accordance with 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 (FRS102) (effective 1 January 2015) – Charities SORP (FRS102) and the Charities Act 2011.

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Lindfield meets the definition of a public benefit entity under FRS102. There are no material uncertainties about The Parochial Church Council of the Ecclesiastical Parish of All Saints, Lindfield’s ability to continue as a going concern. This conclusion takes into account the financial effect of the COVID-19 pandemic.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound.

2.2 Income

All incoming resources are included in the statement of financial activities when the charity has entitlement to the funds, there is probability of receipt and the amount can be measured with sufficient reliability.

Collections are recognised when received. Planned giving receivable is recognised only when received. Grants and legacies are recognised when the PCC is legally entitled to the amount due.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donations.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Rental income generated from investment properties is recognised on an accruals basis and included within investment income.

Other trading income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

2.3 Expenditure

Expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

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

Support costs represent governance costs incurred to support the charity’s activities. All other costs are directly attributable to Church activities.

13

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

2.4 Tangible fixed assets and depreciation

Consecrated and beneficial property of any kind is excluded from the accounts by virtue of section 10(2) of the Charities Act 2011. Costs associated with the maintenance of such assets are written off in the year they are incurred.

Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are accounted for as inalienable property unless consecrated. They are listed in the church inventory which can be inspected. It is impracticable to include the value of these items in the balance sheet as there is insufficient cost information available and alternative valuation methods lack sufficient reliability.

No depreciation is provided on freehold property as it is the PCC’s policy to maintain these assets in a continual state of sound repair. The useful economic life of these assets is so long and residual values so high that any depreciation would not be material. These assets are subject to annual impairment reviews. Provision will be made if there has been any permanent diminution in value.

The church has adopted a policy of capitalising functional equipment costing more that £5,000. Depreciation regarding these assets is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment

20% reducing balance

The church has also adopted a policy of capitalising heritage asset freehold property improvements that relate to the Church Buildings Development project. Depreciation regarding these assets is provided at a rate calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Freehold property improvements

2% straight line

2.5 Investments

Investments are stated at fair value at the balance sheet date. The Statement of Financial Activities includes the net gains and losses arising on revaluations and disposals throughout the year.

Investment property is initially held at cost and is revalued to fair value at the balance sheet date. Gains and losses are taken to the Statement of Financial Activities.

2.6 Leasing and hire purchase commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

2.7 Accumulated funds

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

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

Investment income, gains and losses are allocated to the appropriate fund.

14

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

2.8 Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments. The PCC seek to use short and medium term deposits where possible to maximise the return on monies held at the bank and to manage cash flow.

2.9 Debtors

Trade and other debtors are recognised at the settlement amount due.

2.10 Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.

2.11 Estimates and judgements

In the application of the charity’s accounting policies, the trustees are 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.

The trustees do not consider that there are any critical estimates or areas of judgement that need to be brought to the attention of the readers of the financial statements.

3.
Other trading activities
Bookstall sales
Total
4.
Investment Income
Investment income–other
local unlisted
Investment income–local
cash
Rental income
Total
5.
Income from Charitable
Activities
Church activities
Total		 Unrestricted
Funds
£
596
596
Unrestricted
Funds
£
2,001
299
9,540
11,840
Unrestricted
Funds
£
17,748
17,748		 Restricted
funds
£
-

-
Restricted
funds
£

-

-

-

-
Restricted
funds
£
-
-		 Designated
funds
£

-
-
Designated
funds
£

-

94

-

94
Designated
funds
£
-
-		 Total
2021
£
596
596
Total
2021
£
2,001
393
9,540
11,934
Total
2021
£
17,748
17,748		 Total
2020
£
266
266
Total
2020
£
1,962
2,278

8,725
12,965
Total
2020
£
16,744
16,744

15

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

6. Expenditure



7.		 Staff costs
Depreciation
Other costs
Note
£
£
£
Charitableactivities
Church activity
Activities
undertaken directly
7
185,612
43,723
437,049
Support costs
8
-
-
2,400
Total
185,612
43,723
439,449
Direct costs on charitable activities (note 6)
Missionary and charitable giving – UK and overseas
Parish Share and clergy costs
Clergy fees
Ministry costs – direct salaries and expenses
Ministry costs – church activities
Church and Tiger building running costs – direct salaries and overheads
Church and Tiger buildings maintenance
Other costs
Church Close and Fieldway buildings maintenance
Church Buildings development costs not capitalised
Expenditure arising from appeals with respect to clergy housing and gratitude
Depreciation		 Total 2021
£
666,384
2,400
668,784
2021
£
108,684
153,476
4,760
150,391
28,367
103,667
34,234
4,653
2,630
1,035
30,764
43,723
666,384		 Total 2020
£
595,411
2,400
597,811
2020
£
103,950
152,537
5,269
138,873
28,669
91,497
29,735
6,876
1,837
-
14,870
21,298
595,411

16

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

Support costs
Governance costs		 2021
£
2,400
2,400		 2020
£
2,400
2,400

8. Support costs

2021 and 2020 governance costs relate entirely to the independent examination fees.

9. Statement of financial activities comparative funds – year ended 31 December 2020

Income from:
Notes
Donations, grants and
legacies
Other trading activities
3
Investments
4
Charitable activities
5
Total income
Expenditure on:
Raising funds
6
Charitable activities
Total expenditure
Gains/(losses) on
investments
Net income/(expenditure)
Transfers between funds
Net movement in funds
Fund balances at 1
January 2020
Fund balances at 31
December 2020
19		 Unrestricted
funds
£
521,175
266
11,001
16,744
549,186
-
435,666
435,666
-
113,520
(152,717)
(39,197)
173,606
134,409		 Restricted
funds
£
37,616
-
293
-
37,909
-
28,535
28,535
-
9,374
(42,128)
(32,754)
98,631
65,877		 Designated
funds
£
301
-
473
-
774
-
132,860
132,860
3,761
(128,325)
194,845
66,520
2,121,625
2,188,145		 Endowment
funds
£
-
-
1,198
-
1,198
-
750
750
1,883
2,331
-
2,331
53,183
55,514		 Total
2020
£
559,092
266
12,965
16,744
589,067
-
597,811
597,811
5,644
(3,100)
-
(3,100)
2,447,045
2,443,945

17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

10. Employees

Number of employees

The average monthly number of employees during the year was:
Employment costs
Wages and salaries
Social security costs
Other pension costs		 2021
Number
10
2021
£
160,638
6,799
18,675
185,612		 2020
Number
10
2020
£
143,115
5,567
16,181
164,863

There were no employees whose annual emoluments were above £60,000 in 2021 or 2020.

Key management of the church consist of the Clergy and the Churchwardens. The Clergy are paid a stipend directly by the Diocese and the Churchwardens are voluntary positions. The key management of the church did not receive any remuneration from the charity in either in 2021 or 2020.

11. Trustees

During the year, the charity was under the control of the trustees. None of the trustees (nor any persons connected with them) received any remuneration or reimbursed expenses (2020: none) in respect of their duties as trustees.

18

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

12. Tangible fixed assets

Cost
At 1 January 2021
Additions
At 31 December 2021
Depreciation
At 1 January 2021
Charge for the year
At 31 December 2021
Net book value
At 31 December 2021
At 31 December 2020		 Freehold
Property
£
55,108
-
55,108
-
-
-
55,108
55,108		 Freehold
Property
Improvements
£
1,440,303
-
1,440,303
4,801
4 801
28,806
33,607
1,406,696
1,435,502		 Fixtures
&
Fittings
£
116,242
7,608
123,850
46,729
14,917
61,646
62,204
69,513		 Total
£
1,611,653
7,608
1,619,261
51,530
43,723
95,253
1,524,008
1,560,123

The charity utilises the church building which was built on a cruciform plan probably around the thirteenth century but rebuilt in the 14[th ] with substantial revisions in the 16[th] , 17[th ] and 19[th ] centuries. The Vicarage is located close to the church in the High Street and has been used as such since its acquisition in 1939.

The freehold property stated at cost in the balance sheet includes:

The Church House (The Tiger), High Street, Lindfield – church offices

Church Close, Francis Road, Lindfield – Assistant Minister’s residence

Freehold property improvements relate to the Church Buildings Development project. Depreciation has been charged this year following completion of this project.

19

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

13. Fixed Asset Investments

Fair value
At 1 January 2021
Change in valuation
At 31 December 2021
Investments at fair value comprise:
Unlisted investments
Investment Property
Total		 Investment
property
£
340,000
50,000
390,000		 Unlisted
securities
£
123,653
11,771
135,424
2021
£
135,424
390,000
525,424		 Total
£
463,653
61,771
525,424
2020
£
123,653
340,000
463,653

All the fixed asset investments are held in the UK.

Investment property consists of the property at 75 Fieldway, Lindfield and was revalued in March 2018 by an appropriately qualified individual and revalued by trustees at the balance sheet date.

14.
Debtors
Tax recoverable
Prepayments and accrued income
Other debtors
15.
Creditors: amounts falling due within one year
Accruals and deferred income		 2021
£
9,336
4,930
469
14,735
2021
£
14,852
14,852		 2020
£
18,213
4,195
484
22,892
2020
£
27,765
27,765

20

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

16. Restricted funds

Mission fund G
Aspire fund
Other restricted funds		 Brought
forward
£
41,541
19,635
4,701
65,877		 Incoming
resources
£
20,815
4,894
33,717
59,426		 Resources
expended
£
(21,857)
(1,035)
(33,018)
(55,910)		 Transfers
in/out
£
-
(7,608)
-
(7,608)		 Gains/
(losses)
£
-
-
-
-		 Carried
forward
£
40,499
15,886
5,400
61,785

Mission Fund G – this covers money specifically given by church members for mission partners, general mission and other charities.

Aspire fund - this fund raised money for the Church Buildings Development project.

Other restricted funds – these funds comprise of a number of smaller donations received for specific purposes and include the two Choir Funds, the Piano Fund, the Music Fund, the Vicarage Refurbishment Fund, the Vicarage Larder Fund, the Churchwardens’ Gratitude Fund and the Flower Fund.

17. Endowment funds

Keith Marsh Award
Stipend Fund		 Brought
forward
£
53,085
2,429
55,514		 Incoming
resources
£
-
-
-		 Resources
expended
£
-
-
-		 Transfers
in/out
£
-
-
-		 Gains/
(losses)
£
2,267
(161)
2,106		 Carried
forward
£
55,352
2,268
57,620

Keith Marsh Award – this fund supports young people who are connected with All Saints to carry out an appropriate project in youth or mission work. The trustees are the Standing Committee of the PCC.

Stipend Fund – the Diocese acts as custodian and income derived from the Stipend fund is credited to the church within the charge for the Parish Share.

21

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

18. Designated funds

Property fund
Legacy fund
Fabric & property
main fund
Bursary fund
Mission fund F		 Brought
forward
£
1,900,123
28,086
243,844
16,092
-
2,188,145		 Incoming
resources
£
-
131,926
4,151
-
-
136,077		 Resources
expended
£
(43,723)
-
(36,866)
-
(81,602)
(162,191)		 Transfers
in/out
£
7,608
-
47,300
-
81,602
136,510		 Gains/
(losses)
£
50,000
-
9,665
-
-
59,665		 Carried
forward
£
1,914,008
160,012
268,094
16,092
-
2,358,206

Property Fund – this is the fund created on the purchase of Church Close and Fieldway. It also includes costs capitalised as part of: (1) the Church Buildings Development project; and (2) General Fund expenditure. The transfer into this fund in 2021 represents capitalised expenditure from the Aspire Fund which was part of the Church Buildings Development project.

Legacy Fund – this is legacy money received by the church which is then designated as specified or as the PCC decides.

Fabric and Property Maintenance – this is money set aside by the PCC for the upkeep and maintenance of all the church properties. The transfer into the fund in 2021 relates to the annual transfer from the General Fund in line with the policy set by the Finance Committee.

Bursary Fund – this fund represents money set aside to provide training to those who are exploring a vocation in ministry.

Mission Fund F – this is money set aside from income by the PCC and given to mission partners and programs as determined by the PCC each year. The transfer into the fund in 2021 relates to funds transferred from the General Fund as instructed by the PCC.

19. Analysis of net assets between funds

At 31 December 2021:

Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year		 Unrestricted
funds
£
-
77,804
83,139
(14,852)
146,091		 Designated
funds
£
1,524,008
390,000
444,198
-
2,358,206		 Restricted
funds
£
-
-
61,785
-
61,785		 Endowment
funds
£
-
57,620
-
-
57,620		 Total funds
2021
£
1,524,008
525,424
589,122
(14,852)
2,623,702

22

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

19. Analysis of net assets between funds (continued)

At 31 December 2020:
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year		 Unrestricted
funds
£
-
-
162,174
(27,765)
134,409		 Designated
funds
£
1,560,123
408,139
219,883
-
2,188,145		 Restricted
funds
£
-
-
65,877
-
65,877		 Endowment
funds
£
-
55,514
-
-
55,514		 Total funds
2020
£
1,560,123
463,653
447,934
(27,765)
2,443,945

20. Commitments under operating leases

At 31 December 2021 the charity had total commitments under non-cancellable operating leases as follows:

Within one year
Between two and five years		 Other
2021
£
2020
£
1,518
6,072
-
1,518
1,518
7,590		 Other
2021
£
2020
£
1,518
6,072
-
1,518
1,518
7,590
7,590

21. Related parties

During both 2021 and 2020 PCC members made various donations to the church.

The church paid certain housing costs (such as Council Tax) for the Reverend Dr Stephen Nichols from the date of his appointment in September 2021 to enable him to carry out his duties as Vicar. Two Restricted Funds were set up in 2021 accepting donations to pay for the costs of renovating the Vicarage (which is not owned by the church but is occupied by the Vicar) and stocking the Vicarage larder at the time of his appointment. Donations into these Restricted Funds resulted in payments of £25,194 and £340 being made during 2021 for their respective purposes.

The church rents a property from the Reverend Stuart Silk and makes it available to him at no cost to enable him to carry out his duties as Associate Vicar. Rent of £15,550 (2020: £15,300), which included provision for certain housing costs (such as Council Tax), was paid to him in 2021. In addition, certain of his close family members were in receipt of £190 for the provision of sound and vision services at weddings and funerals held in the church in 2021.

The church provides accommodation at no cost, to the Reverend Hugh Bourne and pays certain housing costs (such as Council Tax) to enable him to carry out his duties as Assistant Minister. The church also pays for the maintenance of the accommodation.

A Restricted Fund was set up in 2021 accepting donations to show the Churchwardens’ gratitude to the Associate Vicar and Assistant Minister. Donations into this Restricted Fund resulted in payments and gifts of £2,615 being made to both the Associate Vicar and the Assistant Minister for its purpose.

24

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

21. Related parties (continued)

In 2020 a Restricted Fund was set up accepting donations to provide a gift to the previous Vicar, the Reverend Dr James Clarke upon his retirement. Donations into this Restricted Fund resulted in payments and gifts of £14,870 being made to the previous Vicar for its purpose.

The Vicar, Associate Vicar and Assistant Minister also receive expense reimbursements in relation to carrying out their work undertaken in support of the church’s activities.

Stephen Norris, a PCC member, was employed by the church in 2021 and 2020 and received a salary at below the market rate.

A number of other PCC members are in receipt of expense reimbursements for costs they incur in relation to voluntary work undertaken in support of the church’s activities. As stated in note 12 no PCC member receives any payment in respect of their role as trustee.

Cavan Wood and Pamela Orna-Ornstein are trustees of, and Clare Nibloe is employed by, Tiger Cubs Preschool; a charity that provides childcare for children aged two to five. The church allows Tiger Cubs Preschool to use rooms in the Tiger building at no cost. Tiger Cubs Preschool made donations of £5,465 (2020: £1,011) to the church in 2021.

22. Net cash inflow from operating activities

Net income/(expenditure)
Interest receivable
Rental income
Gains on investments (including disposals)
Depreciation
Decrease in creditors
(Increase)/decrease in debtors		 2021
£
179,757
(2,394)
(9,540)
(61,771)
43,723
(12,913)
8,157
145,019		 2020
£
(3,100)
(4,240)
(8,725)
(6,092)
21,298
(7,384)
(6,679)
(14,922)

23. Taxation

As a charity, the church is exempt from tax on their income and gains to the extent that they do not constitute trading outside its primary purpose and are applied to the organisation’s charitable objectives.

24