Charity Registration No. 1131871
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOCKLEY
TRUSTEES’ REPORT AND ACCOUNTS
FOR THE YEAR ENDED
31 DECEMBER 2021
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
HOCKLEY
CONTENTS
| Page | |
|---|---|
| Charity Informaton | 1 |
| Trustees’ report | 2-3 |
| Independent examiner’s report | 4-5 |
| Balance Sheet | 6 |
| Statement of Financial Actvites | 7 |
| Notes to the accounts | 8-11 |
THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY
CHARITY INFORMAITON
| Current Trustees: | Revd. S. Stroebel |
|---|---|
| Debra Blakeley | |
| Jane Imray | |
| David Marlow | |
| Elizabeth Marlow | |
| Steve Mitchell | |
| Kurt Stroebel | |
| Jane Tutlebee | |
| Lesley Vingoe | |
| Address: | St Peter & Paul Church |
| Church Road | |
| Hockley | |
| Essex | |
| SS5 6AE | |
| Bankers: | Barclays Bank |
| PO Box 13 | |
| Rayleigh | |
| Essex | |
| SS6 7AJ | |
| Independent Examiner: | Philip Brown F.C.A. |
| 1422 London Road | |
| Leigh on Sea | |
| Essex | |
| SS9 2UL |
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THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY
TRUSTEES REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees have pleasure in submitting their report and the accounts for the year ended 31 December 2021.
Trustees’ responsibilities in relation to the financial statements.
The trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:-
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a) Select suitable accounting policies and apply them consistently.
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b) Observe the methods and principles in the relevant legislation.
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c) Make judgments and estimates that are reasonable and prudent.
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d) State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in their financial statements.
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e) Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements have been prepared in accordance with the guidelines made available by the Charity Commission. They are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
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There is no relevant information of which the charity’s independent examiner is unaware; and
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The trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the independent examiner is aware of that information.
Trustees and advisers
Details of the charity’s trustees and advisers are given on page 1.
- 2 - THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY
TRUSTEES REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
Structure, Governance and Management
The charity’s governing document is the Parochial Church Council Powers Measure (1956) as amended and Church Representation Rules.
The day to day running and management of the church is undertaken by the trustees.
Potential Risks
The Church undertakes regular Risk Assessment Reviews covering – health and safety, operational, property, strategic, legal, financial, insurance and employment risks. A report has been produced and is received annually.
The Church is subject to regular Fire and Health & Safety checks. Full third party insurance and specific insurance is taken out to cover all church activities and property.
Objectives and Activities
The charity’s main activity is to promote within the ecclesiastical parish the whole mission of the Church.
As trustees, we believe that we have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission.
Financial Review
In pursuit of these activities, the charity this year expended £19752 against an income for the period of £23594. Movement in the value of investments resulted in fund balances at the year end of £92036 of which £58305 represents restricted funds.
Status
The charity is registered with The Charity Commission under the number 1131871.
Approved by the Trustees and signed on their behalf by:
David Marlow
Dated: 21[st] March 2022
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THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES ON THE UNAUDITED FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOCKLEY.
I report on the financial statements of the Parochial Church Council of the Ecclesiastical Parish of Hockley for the year ended 31 December 2021 as set out on pages 6 to 11.
This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this 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 the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of financial statements. The charity’s trustees consider that an audit is not required for this year under Section 144(2) of the Charities Act 2011 (‘the 2011 Act’) and that an independent examination is needed.
It is my responsibility to:
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Examine the financial statements under section 145 of the 2011 Act;
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To follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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To state whether particular matters have come to my attention.
Basis of Independent Examiner’s Statement
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by a charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
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THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES ON THE UNAUDITED FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOCKLEY.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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A) Which gives me reasonable cause to believe that in any material respect the requirements:
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To keep accounting records in accordance with section 130 of the 2011 Act; and
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To prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 2011 Act;
have not been met; or
- B) To which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Independent Examiner
P Brown F.C.A. 1422 London Road Leigh on Sea Essex SS9 2UL
Dated: 21[st] March 2022
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THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY
BALANCE SHEET AS AT 31 DECEMBER 2021
| Note Fixed Assets Investments – Restricted Funds Unrestricted Funds 4 Current Assets Gif Aid Recoverable Cash at bank Creditors Net Current Assets Total Net Assets Funds 6 |
2021 £ 58305 4971 63276 4016 25852 29868 (1108) 28760 92036 92036 |
2020 £ 49651 4968 54619 |
|---|---|---|
| 4422 21489 |
||
| 25911 (990) 24921 |
||
| 79540 | ||
| 79540 |
These financial statements were approved by the Trustees and signed on their behalf by:
D Marlow Treasurer Dated: 21[st] March 2022
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THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| Note Incoming resources Voluntary income Other income Interest received Income from church actvites Total incoming resources 2 2 Resources expended Governance costs - Church actvites Net surplus/(defcit) for the year 3 Movement in restricted investments:- Investment Income Surplus on Revaluaton Net overall movement (surplus) 5 Fund balances brought forward Fund balances carried forward |
2021 £ 21802 60 7 1725 23594 (19752) 3842 1439 7215 12496 79540 92036 |
2020 £ 24108 60 21 3607 27796 (27866) |
2020 £ 24108 60 21 3607 27796 (27866) |
2020 £ 24108 60 21 3607 27796 (27866) |
|---|---|---|---|---|
| (70) 2653 1893 4476 75064 |
(70) 2653 1893 |
|||
| 79540 |
The charity has no other recognised gains or losses for the above two financial years other than those accounted for in the SoFA.
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THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
Accounting Policies
1.1 Accounting convention
The Financial Statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015
The financial statements have been prepared under the historical costs convention except for the valuation of investment assets which are show at market value.
The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
1.2 Investment
Fixed asset investments are stated at market value.
1.3 Incoming Resources
All income is shown gross and is accounted for when receivable.
1.4 Resources Expended
Expenditure is included on an accruals basis
1.5 Funds accounting
Unrestricted
The Church’s General Fund consists of funds which the Church may use for its purposes at its discretion.
The Church may designate funds for a special purpose, although there is no legal force to the designations.
Restricted
The Restricted Fund consists of a CBP Investment Fund held by Chelmsford Diocesan Board of Finance for the purpose of covering future chancel repair liabilities.
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THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
| 2. Incoming resources a) Voluntary income:- Planned giving Loose collectons Donatons/legacy Gif Aid recoverable b) Income from investments Interest received Interest and Dividends received on investments in restricted funds c) Income from Church Actvites Parochial fees from weddings and funerals Less Assistant Clergy fees Diocesan fees |
2021 £ 13432 2630 1725 4015 21802 7 1439 1446 3117 (460) (932) _____ 1725 |
2020 £ 15638 2048 2000 4422 24108 |
2020 £ 15638 2048 2000 4422 24108 |
|---|---|---|---|
| _ | _ | 21 2653 |
|
| 2674 | |||
| 5153 (842) (704) ____ 3607 |
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THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| 3. Church Actvites | ||
| Hockley Living Adverts | 225 | 175 |
| Churchyard | 300 | 480 |
| Light & Heat | 1415 | 1433 |
| Insurance | 1727 | 1708 |
| Church repairs | 525 | 911 |
| Upkeep of services | 826 | 522 |
| Organist and organ | 1695 | 1665 |
| Vicars expenses | - | 681 |
| Parish share | 12000 | 18000 |
| New water heater | - | 1744 |
| Miscellaneous costs | 559 | 547 |
| Professional advice re badger set | 480 | - |
| ______ | ______ | |
| 19752 | 27866 | |
| ====== | ====== | |
| 4. Investments:- | ||
| Restricted Funds | CBF Investment | |
| £ | ||
| At 1 January 2021 | 49651 | |
| Investment Income | 1439 | |
| Surplus on revaluaton | 7215 | |
| _____ | ||
| At 31 December 2021 | 58305 | |
| ===== | ||
| Unrestricted Funds | CCLA Investment | |
| £ | ||
| At 1 January 2021 | 4968 | |
| Interest Received | 3 | |
| ______ | ||
| At 31stDecember 2021 | 4971 | |
| ====== |
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THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| Fund | Fund | ||
| £ | £ | £ | |
| 5. Movement on funds | |||
| Opening balances at 1 January | 29889 | 49651 | 79540 |
| 2021 | |||
| 3842 | 8654 | 12496 | |
| Excess of funds in the year | ______ | ______ | ______ |
| 33731 | 58305 | 92036 | |
| Balances at 31 December 2021 | ====== | ====== | ====== |
6. Control
The PCC was jointly controlled by the trustees in the current and the preceding year.