**Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

## **ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL** 

For the year ended 31 December 2020. 

## **ADMINISTRATIVE INFORMATION** 

Holy Trinity Church, Spilsby Road, Boston is part of the Diocese of Lincoln within the Church of England. Under the terms of section 3 of the Parochial Church Councils’ (Powers) Measure 1956 the Parochial Church Council (PCC) is a body corporate and a charity registered with the Charity Commission – Charity Registration Number: 1132300. 

The accounts have been prepared in accordance with the requirements of the Charities Act 2011, the Statement of Recommended Practice “Accounting and Reporting for Charities” (FRS 102) issued by the Charity Commission, The Charities (Accounts and Reports) Regulations 2008 and the Church Accounting Regulations 2006. 

**PCC members who have served from 1 January 2020 until the date this report was approved are as follows:** 

|**Incumbent**|Rev Lis Ward<br>Rev Ian Ward|Chair<br>Associate Vicar|
|---|---|---|
|**Curate**|Rev Jon Speirs-Davis|From  July 2020|
|**Youth Worker**|Mrs Esther Lockley||
|**Pastoral Outreach**<br>**Worker**|Mrs Paula Sargeant||
|**Churchwardens**|Mr Trevor Dunnington<br>Mr Dennis Pain<br>Mrs Sandra Snell<br>Mr Barry Moseley|Until Oct 2020<br>Until Oct 2020<br>From Oct 2020<br>From Oct 2020|
|**Representatives on the**<br>**Deanery Synod**|Mr Nigel Andrews<br>Mr Edward Barkham<br>Mrs Anne O’Connor<br>William Barr<br>Barbara Parkinson<br>David Wilkinson|Until Oct 2020<br>Treasurer<br>Until Oct 2020<br>From Oct 2020<br>From Oct 2020<br>From Oct 2020|
|**Elected Members**|Mr Francis Abiodun||
||Mr David Acheson||
||Miss Ellie Blackburn||
||Mrs Anne Bladon|From Oct 2020|
|**PCC Secretary**|Mrs Barbara Booth||
||Mr Tim Booth||
||Mrs Moira Goddard|From Oct 2020|
||Mr Anthony Jackson||
||Mrs Barbara Parkinson|Until Oct 2020|
||Leila Peel|From Oct 2020|
||Mrs Heather Percival||
||Mrs Glenda Rutt||
||Mr Philip Smith||
||Dr Sola Taiwo||
||Mrs Alison Tulloch|From Oct 2020|
||Mr Graham Tulloch|From Oct 2020|
||Mr David Wilkinson|Until Oct 2020|
||||
||||
||||
||||



1 



**Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

## **TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS** 

The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and regulations. 

Charity law requires the Trustees to prepare financial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). 

Under charity law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its net incoming/outgoing resources for that period. In preparing these financial statements, the Trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgments and estimates that are reasonable and prudent; 

- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue to operate. 

The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. 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. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

The method of appointment of PCC members is set out in the Church Representation Rules 2020.  All church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. 

Members of the PCC are aware of potential risks both financial and otherwise that might occur either in the church or the Trinity Centre (church hall).  They have taken appropriate action to control and minimise these risks. 

There are five PCC Committees, which meet between full PCC meetings.  These are: 

- Leadership Advisory Team 

- Finance & Fabric Committee 

- Mission Support Group 

- Standing Committee 

- HR Group 

All these committees report back to full PCC meetings. 

Members of the Prayer Ministry Team are available after the main morning services and during the administration of Holy Communion at 10.30 am and 6.30 pm. The team is also available to pray with people during Healing & Wholeness Services. 

Our current service pattern until the March 2020 lockdown is as follows: 

|**Sunday**|**10.30 am**|**6.30 pm**|
|---|---|---|
|1st|All Age Service|Evening Worship with Holy Communion|
|2nd|Morning Worship|Evening Worship|
|3rd|Holy Communion|Messy Church at 4.00 pm|
|4th|Morning Worship|Evening Worship|
|5th|Morning Worship|Evening Worship|



2 



## **Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

Evening Worship is an informal service which takes place in the prayer space in Church. This service includes sung worship, time for reflection, bible readings and time for more in depth talks and bible studies. On the first Sunday it also includes Holy Communion. 

Messy Church a different kind of Church for all the family. 

A service of Holy Communion is held on the 2[nd] , 4[th] & 5th Sunday mornings at 8.00 am. 

In March 2020 due to the closure of the church building, services were recorded, going out on Sunday mornings, with the ability to watch again during the week. 

From August 2020 some services have been able to take part in church depending on national restrictions, and from September 2020 the main services have been live-steamed via YouTube.  These were usually: 

9.30am Family Worship – short service led by the Youth and Children worker and team with live and recorded elements.   Open for attendees in church when possible. 

10.30am Worship Together – main service with live and recorded elements.  Open for attendees in church when possible. 

- 6.30pm   Evening service in church, not live streamed, with Holy Communion. 

There have also been Thursday morning communion services during August – October. Over the Christmas period the usual Christingle service, Carol Services, Crib and Christmas services were both live streamed and open to attendees. 

## **OBJECTIVES AND ACTIVITIES** 

Holy Trinity’s Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.  It also has responsibility for the management of the Church property in the parish – Holy Trinity Church, The Trinity Centre (the church hall), and 43 Spilsby Road. 

## **ACHIEVEMENTS AND PERFORMANCE** 

## **Church Attendance** 

There are 201 members on the Church Electoral Roll. Of the 201, 107 (53%) live in the parish and 94 (47%) live outside of the parish. This is a decrease of 37 members on last year’s Electoral Roll. 

The average Sunday attendance during 2020 was 142 adults and 35 children up until 15[th] March 2020.  Due to the global pandemic, opening restrictions were imposed by the government and the following figures include a mix of Live Streaming and YouTube views along with some live attendance when restrictions allowed.  We are unable to split the figures into Adult & Children.  The average views/attendance was 179 (2019 figures - 147 adults and 37 children).  These figures include attendance at 8.00 am Holy Communion, 10.30 am service and 6.30 pm service, but are only per household and do not take into account where more than one person watches per household. 

## **Attendance at Special Services was as follows calculated as specified above** 

|**Easter Day**|adults and children 290|
|---|---|
|**Harvest Festival**|adults and children 230|
|**Christmas Carol Service**|adults and children 325|
|**Crib Service**|adults and children 111|
|**Christmas Eve**|adults and children 86|
|**Christmas Day**|adults and children 124|



## **Occasional Services in 2020** 

|**Baptisms**|3|
|---|---|
|**Thanksgiving for the gift of a child**|0|
|**Weddings**|0|
|**Thanksgiving for Marriage/Blessing**|0|
|**Funerals in Church**|2|
|**Burial of Ashes**|0|
|**Confirmation**|0|



3 



**Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

## **Review of the PCC Year** 

In 2020 the PCC met 3 times physically and 4 times on Zoom.  The average attendance at PCC meetings in 2020 was 80% (81% in 2019).  At the first meeting of the new PCC on 13th October 2020 the following elections and appointments were voted on and approved: 

|PCC Chair:|Rev Lis Ward|
|---|---|
|PCC Vice Chair:|Sandra Snell|
|Deputy Churchwardens:|David Acheson|
||Frances Abioudun|
|PCC Treasurer:|Edward Barkham|
|PCC Secretary:|Barbara Booth|
|PCC Minute Secretary:|Nikki Jackson|
|Project Officer:|Barry Moseley|



2020 presented a challenge to all Charity Organisations, and for Holy Trinity it was no different! It was agreed (in consultation with those members and officers affected) that they would continue in their roles until such time as an Annual Parish Church Meeting could be held, and new members and officers elected. With a ‘break in lockdown’ it was finally possible to hold the APCM in October. Circumstances dictated that some of those elected may only serve for the period to the next APCM – scheduled for April 2021, and this was agreed by the persons affected. Those attending the APCM agreed a proposal for future elections whereby those eligible to vote would be able to do so by way of a Postal Voting system, and this process had to be set up by the PCC. 

Between March and September, the vicar sent email updates to the PCC with relevant issues.  With the imposition of further lockdown restrictions all PCC meetings from September have taken place using Zoom technology, with printed copy being provided to Members who did not have access to this facility. As well as PCC business, members receive and make decisions on reports from a variety of sub-committees: - Leadership Team, Finance & Fabric, Standing, along with regular update reports from Treasurer, Youth Worker, Pastoral Outreach Worker and National & International Mission Group.  The following areas were discussed and agreed by the PCC during 2020, although this is by no means a complete list: 

- PCC planned Vision Day in June, but unfortunately this had to be cancelled 

- We welcomed a new Curate in July 

- Courses were agreed to, but again, many of these were cancelled. 

- External and Internal painting of 43 Spilsby road was approved, and this was able to be done. 

- It was agreed for equipment for Clubnite to be purchased using the monies raised from the John Mansley Memorial service 

- Funding was agreed for Aidan Wright to attend Discipleship training in Taiwan 

Thank you to all PCC members and members of the church who so faithfully attend PCC meetings and PCC sub-committees throughout the year.  Also, thank you to everyone who has helped, prayed for and supported the work of the PCC during the course of the last year.  The prayer support of the church is vital to the work of the PCC. 

4 



**Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

## **HOLY TRINITY CHURCH AND TRINITY CENTRE FABRIC REPORT** 

## Church and Lounge 

- Quinquennial Inspection completed 8[th] June 2020. 

- Cross above nave removed for repair. 

- Downpipes fitted on south side of Church replacing lead spouts. 

- Various gutters and valleys cleared. 

- Grave yard, ongoing headstone cleaning and maintenance. 

- Cracks in interior walls filled, and will be monitored as quinquennial recommendations. 

- Draught proof curtains fitted to inside of organ loft. 

- Lounge windows and front entrance doors painted. 

- Lounge Toilets decorated. 

- Full electrical safety test to whole site. 

- A Health and Safety survey carried out throughout whole site. 

## Trinity Centre 

- Paint peeling from roof, ongoing discussions with contractor. 

- Fence painted at rear of Trinity Centre garden. 

## 43 Spilsby Road 

- Full electrical test of premises. Recommended repairs carried out. 

- Carbon monoxide monitor fitted. 

- Roof checked for leaks. 

- Exterior woodwork painted. 

## **Financial Review** 

For the year ended 31[st] December 2020, the accounts show that the PCC made a deficit of income over expenditure of £1,019.05. This compares with a surplus of £13,016.42 in 2019. 

The start of lockdown in March 2020 and subsequent restrictions on our usual church activities prove very disruptive in terms of both our income and expenditure. Overall expenditure was £20,295.47 (or 9.75%) lower than in 2019. Income was also lower than in 2019 by £34,330.94 (or 15.53%). However, in 2019 the income was boosted by the proceeds of the gift day (£12,364.00) and the £10,000.00 grant for pastoral outreach work that was received from the Boston Municipal Non-Educational Charities. The main differences in income for 2020, compared with 2019, were as follows – 

- Loose cash offerings decreased to £2,855.67 (2019 £11,008.11). This is as a result of there being no collections during services since March 2020 

- There was no gift day in 2020 so the proceeds were £0 (2019 £12,364.00) 

- One-off donations increased to £20,895.20 (2019 £4,902.00) 

- Income tax recovered under the Gift Aid scheme reduced to £19,376.20 (2019 £20,948.93) 

- Owing to the lack of in person services, special collections reduced to £2,660.65 (2019 £4,780.85) 

- Lockdown effected our ability to hold funerals, reducing the parochial fees received to £1,139.00 (2019 £2,461.00) 

- A grant of £10,000.00 for pastoral outreach work that was received from the Boston Municipal NonEducational Charities in 2019, so income of £0 in 2020 (2019 £10,000) 

- As a result of the Café barely being able to operate since March, takings reduced to £1,771.54 (2019 £6,444.49) 

- Amounts claimed from the HMRC Job Retention Scheme for furloughed staff were £2,593.65 (2019 £0) 

- The inability for groups to use the Trinity Centre reduced lettings income to £9,865.05 (2019 £15,953.16) 

Planned giving through standing orders showed an increase to £70,751.62 (2019 £62,250.60), whilst envelope giving reduced to £9,024.30 (2019 £20,177.40). As mentioned above, loose cash offerings decreased to £2,855.67. 

The main differences in expenditure for 2020, compared with 2019, were - 

5 



## **Parochial Church Council of Holy Trinity Church Boston** 

**___________________________________________________________________** 

- As a result of the Café not operating, the cost of buying food for it reduced to £1,124.65 (2019 £3,876.71) 

- Repairs and maintenance at 43 Spilsby Road increased to £5,539.92 (2019 £2,241.51) 

- The cancellation of events and conferences meant that expenditure on training and conferences reduced to £440.00 (2019 £1,454.40) 

- As mentioned above, the lack of special collections meant a reduction of money passed on to £2,725.14 (2019 £4,547.86) 

- Holiday Club not being held meant only £49.14 was spent (2019 £1,237.70) 

- Only £6.99 was spent on office equipment. The 2019 figure is mainly as a result of acquiring new computers (2019 £1,013.30) 

- Non budgeted sundry expenditure reduced to £2,041.54 (2019 £5,294.27). Almost all the 2020 figure is expenditure from the Vicar’s discretionary fund 

- The Quinquennial Report was produced in 2020. This, and subsequent work saw expenditure of £2,865.56 (2019 £0) 

- Lounge capital expenditure of £423.94 (2019 £4,960.07). The 2019 figure is mostly expenditure on the disabled toilet 

Unrestricted funds showed a surplus for the year of £6,573.73 and a fund balance of £361,159.32. £261,636.30 of this relates to fixed assets, so the fund balance for unrestricted current assets is £99,523.02. The total restricted funds showed a deficit of £7,592.78 and a fund balance of £31,597.52. 

## **Reserves Policy** 

It is PCC policy to maintain a balance of £30,000 on unrestricted funds (if possible) to cover emergency situations that may arise from time to time. 

It is also PCC policy that surplus funds are invested with the CBF Church of England Deposit Fund which offers security and an attractive interest rate. 

At 31[st] December 2020 the balance held in the General Fund was £65,614.77. 

Approved by the Parochial Church Council on 3rd March 2021 and signed on its behalf by 

Rev Lis Ward 

Vicar 

6 



**Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

## **Statement of financial activities** 

For the year ending 31 December 2020 

|Notes<br>**Income and**<br>**endowments from**<br>Donations and legacies<br>2(a)<br>Investments<br>2(b)<br>Income from charitable activities<br>2(c)<br>Other income<br>2(d)<br>Hall income<br>2(e)<br>**Expenditure on**<br>Costs of generating voluntary income<br>3(a)<br>Cost of generating funds<br>3(e)<br>Expenditure on charitable activities<br>3(b)<br>Other expenditure<br>3(c)<br>Hall expenditure<br>3(d)<br>Net income /(expenditure) resources<br>before transfers<br>Gross transfers between funds - in<br>- out<br>Net movement in funds<br>Balances b/f 1st Jan 2020<br>Balances c/f 31st Dec 2020|Unrestricted<br>funds<br>£<br>125,498.08<br>287.26<br>3,560.04<br>12,664.04<br>11,080.35|Restricted<br>funds<br>£<br> <br>4,232.50<br> <br>130.45<br> <br>-<br> <br>29,337.41<br> <br>-|Endowment<br>funds<br>£<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> -|<br>Total funds<br>2020<br>£<br> <br>129,730.58<br> <br>417.71<br> <br>3,560.04<br> <br>42,001.45<br>11,080.35|Total funds<br>2019<br>£<br> <br>140,478.08<br> <br>663.00<br> <br>10,173.22<br> <br>52,849.59<br> <br>16,957.18|
|---|---|---|---|---|---|
||**153,089.77**|<br>**33,700.36**|<br> **-**|**186,790.13**|<br>**221,121.07**|
||105.10<br>1,231.78<br>99,785.71<br>29,203.41<br>16,190.04|<br>-<br> <br>-<br> <br>38,920.91<br> <br>2,372.23<br> <br>-|<br>-<br> <br>-<br> <br>-<br> <br>-<br> -|<br>105.10<br> <br>1,231.78<br> <br>138,706.62<br> <br>31,575.64<br>16,190.04|<br>102.38<br> <br>4,436.32<br> <br>142,250.47<br> <br>38,540.93<br> <br>22,774.55|
||**146,516.04**|<br>**41,293.14**|<br> **-**|**187,809.18**|<br>**208,104.65**|
||6,573.73<br>69,747.33<br>(69,747.33)|<br>(7,592.78)<br> <br>25,690.47<br> <br>(25,690.47)|<br>-<br> <br>-<br> <br>-|<br>(1,019.05)<br> <br>95,437.80<br> <br>(95,437.80)|<br>13,016.42<br> <br>134,845.23<br>(134,845.23)|
||**6,573.73**<br>354,585.59|<br>**(7,592.78)**<br> <br>39,190.30|<br>**-**<br> <br> **- **|<br>**(1,019.05)**<br> <br>393,775.89|<br>**13,016.42**<br> <br>380,759.47|
||**361,159.32**|<br>**31,597.52**|<br> **-**|**392,756.84**|<br>**393,775.89**|



7 



**Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

## **Balance sheet** 

As at 31 December 2020 

|Notes<br>**Fixed assets**<br>Tangible assets<br>5<br>**Current assets**<br>Debtors<br>6<br>Cash at bank and in hand<br>**Liabilities**<br>Creditors: amounts falling due within one year<br>7<br>Net current assets or liabilities<br>Total assets less current liabilities<br>Net assets or liabilities<br>**The funds of the charity**<br>8<br>Restricted income funds<br>Total designated funds<br>Total unrestricted funds|Unrestricted<br>funds<br>£<br> <br>261,636.30|<br>Restricted<br>funds<br>£<br>-|Endowment<br>funds<br>£<br>-|<br>Total funds<br>2020<br>£<br> <br>261,636.30|Total funds<br>2019<br>£<br> <br> <br>263,692.86|
|---|---|---|---|---|---|
||**261,636.30**<br>23,482.44<br>79,959.74|<br>-<br> <br>1,043.30<br> <br>31,676.85|<br>-<br>-<br> -|<br>**261,636.30**<br> <br>24,525.74<br>111,636.59|<br>**263,692.86**<br> <br>26,749.86<br> <br>108,579.19|
||**103,442.18**<br>3,919.16<br>99,523.02<br>361,159.32|<br>**32,720.15**<br> <br>1,122.63<br> <br>31,597.52<br> <br>31,597.52|**-**<br>-<br>-<br> -|<br>**136,162.33**<br> <br>5,041.79<br> <br>131,120.54<br>392,756.84|<br>**135,329.05**<br> <br>5,246.02<br> <br>130,083.03<br> <br>393,775.89|
||**361,159.32**|<br>**31,597.52**|**-**|<br>**392,756.84**|<br>**393,775.89**|
||-<br>295,544.55<br>65,614.77|<br>31,597.52<br> <br>-|-<br>-|<br> <br> <br> <br> <br>31,597.52<br>295,544.55<br> <br>65,614.77|<br> <br> <br> <br> <br>39,190.30<br> <br>302,431.64<br>52,153.95|
||**361,159.32**|<br>**31,597.52**|**-**|<br>**392,756.84**|<br>**393,775.89**|



**Approved by the Parochial Church Council on 3rd March 2021 and signed on its behalf by** 

**Rev. Lis Ward Vicar** 

**Edward Barkham** 

8 



**Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

## The notes on pages 9 to 19 form part of these accounts **Notes to the financial statements For the year ended 31 December 2020** 

## 1.  Accounting policies 

The accounts are prepared under the historical cost convention, in accordance with the Church Accounting Regulations 2006 and Accounting and Reporting for Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102 (effective 1 January 2016) – (Charities SORP (FRS 102)) and the Charities Act 2011. 

## **Funds** 

_Endowment funds_ are funds, the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established. 

_Restricted funds_ represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is appointed to individual funds on an average balance basis. 

_Unrestricted funds_ are general funds, which can be used for PCC ordinary purposes. 

## **Incoming resources** 

Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts are due. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross. 

## **Resources expended** 

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation to the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross. 

## **Fixed assets** 

Consecrated and benefice property is not included in the accounts in accordance with s.96 (2)(a) of the Charities Act 1993. 

Movable church furnishings held by the vicar and church wardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Individual items that cost more than £1,000 are capitalised and depreciated over the course of their expected life. Expenditure on items that cost less than £1,000 has been written off when incurred. 

Investments are valued at market value at 31 December 

9 



**Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

## **Current assets** 

Amounts owing to the PCC at the year end in respect of tax reclaims and other income are shown as debts less other provision for amounts which may prove to be uncollectable. Short-term deposits include cash held on deposit either with the Central Board of Finance or at the bank. 

## **Pension policy** 

All eligible employees are automatically enrolled into a pension scheme managed by NEST Pensions. Both the PCC and eligible employees contribute at the prevailing rates. 

## **Tax status** 

As a charity, the PCC is exempt from paying income and corporation tax, but does have to pay value added tax. 

## 2.  Income and endowments 

|2(a)**Donations and legacies**<br>Envelopes<br>Banker’s orders<br>Loose cash<br>Income tax recovered<br>Gift aid special Sundays<br>Special collections<br>Donation/gift day<br>Donation/other<br>Legacies<br>Wedding/Funeral Collections in church<br>2(b)**Investments**<br>Bank interest – general fund<br>Bank interest – other funds<br>2(c)**Income from charitable activities**<br>Parochial fees<br>Trinity news<br>Café Takings<br>CAMEO Weekly Subs<br>Community Lunch<br>Quiz Evening<br>2(d)**Other income**<br>Photocopier - private use<br>Alpha Course<br>From hall and lounge<br>Church fabric Allocation<br>Youth worker|Unrestricted<br>funds<br>£<br>9,024.30<br>70,751.62<br>2,855.67<br>18,783.70<br>94.50<br>2,660.65<br>-<br>17,255.20<br>4,072.44<br>-|Restricted<br>funds<br>£<br>-<br>-<br>-<br> <br>592.50<br> <br>-<br> <br>-<br> <br>-<br> <br>3,640.00<br> <br>-<br> <br>-|Endowment<br>funds<br>£<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-|Total funds<br>2020<br>£<br> <br>9,024.30<br> <br>70,751.62<br> <br>2,855.67<br> <br>19,376.20<br> <br>94.50<br> <br>2,660.65<br> <br>-<br> <br>20,895.20<br> <br>4,072.44<br> <br>-|Total funds<br>2019<br>£<br> <br>20,177.40<br> <br>62,250.60<br> <br>11,008.11<br> <br>20,948.93<br> <br>265.25<br> <br>4,780.85<br> <br>12,364.00<br> <br>4,902.00<br> <br>3,422.29<br> <br>358.65|
|---|---|---|---|---|---|
||**125,498.08**|<br>**4,232.50**|<br> **-**|<br>**129,730.58**|<br>**140,478.08**|
||153.46<br>133.80|-<br> <br>130.45|<br> <br> <br>-<br> <br>-|<br> <br> <br>153.46<br>264.25|<br>145.61<br> <br>517.39|
||**287.26**|**130.45**|**-**|<br>**417.71**|<br>**663.00**|
||1,139.00<br>325.50<br>1,771.54<br>-<br>324.00<br>-|-<br>-<br>-<br>-<br> <br>-<br>-|<br> <br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br>-|<br> <br> <br>1,139.00<br> <br>325.50<br> <br>1,771.54<br> <br>-<br> <br>324.00<br>-|<br>2,461.00<br> <br>501.35<br> <br>6,444.49<br> <br>186.61<br> <br>293.77<br>286.00|
||**3,560.04**|-|<br> -|<br>**3,560.04**|<br>**10,173.22**|
||58.40<br>-<br>-<br>2,000.00<br>-|**-**<br> **-**<br>-<br> <br>-<br> <br>17,376.10|<br> <br> <br>**-**<br> <br>-<br> <br>-<br> <br>-<br> <br>-|<br> <br> <br>58.40<br> <br>-<br> <br>-<br> <br>2,000.00<br> <br>17,376.10|<br>90.98<br> <br>151.00<br> <br>1,000.00<br> <br>2,000.00<br> <br>18,142.50|



10 



## **Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

|Insurance Claim<br>Miscellaneous<br>Coffee<br>Mowbray bequest<br>Rent 43 Spilsby Rd<br>43 Spilsby Rd Allocation<br>Small Groups<br>HMRC Job Retention Scheme<br>VAT Reclaimed<br>Heating<br>PA<br>KPW<br>BMNEC Grant<br>POW<br>Re-Ordering<br>2(e)**Hall income**<br>Lettings<br>Donations<br>Miscellaneous Income<br>HMRC Job Retention Scheme<br>VAT Reclaimed<br> **TOTAL**|Unrestricted<br>funds<br>£<br>545.00<br>58.00<br>80.19<br>4,179.05<br>1,920.00<br>2,000.00<br>36.00<br>1,678.35<br>44.05<br>65.00<br>-<br>-<br>-<br>-<br>-|Restricted<br>funds<br>£<br> <br>-<br>-<br>-<br> **-**<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>225.00<br> <br>1,050.01<br> <br>-<br> <br>10,686.30<br>-|Endowment<br>funds<br>£<br> <br>-<br> <br>-<br> <br>-<br> <br>**-**<br> <br>**-** <br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br>-|Total funds<br>2020<br>£<br> <br>545.00<br> <br>58.00<br> <br>80.19<br> <br>4,179.05<br> <br>1,920.00<br> <br>2000.00<br> <br>36.00<br> <br>1,678.35<br> <br>44.05<br> <br>65.00<br> <br>225.00<br> <br>1,050.01<br> <br>-<br> <br>10,686.30<br>-|Total funds<br>2019<br>£<br> <br>-<br> <br>200.00<br> <br>316.04<br> <br>3,741.33<br> <br>1,920.00<br> <br>2,500.00<br> <br>339.99<br> <br>-<br> <br>18.00<br> <br>585.00<br> <br>225.00<br> <br>1,092.50<br> <br>10,000.00<br> <br>10,212.25<br>315.00|
|---|---|---|---|---|---|
||**12,664.04**|<br>**29,337.41**|<br> -|<br>**42,001.45**|<br>**52,849.59**|
||9,865.05<br>300.00<br>-<br>915.30<br>-|-<br>-<br> <br>-<br> <br>-<br>-|<br> <br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-|<br> <br> <br>9,865.05<br> <br>300.00<br> <br>-<br> <br>915.30<br> <br>-|<br>15,953.16<br> <br>802.00<br> <br>30.00<br> <br>-<br> <br>172.02|
||**11,080.35**|<br>-|<br> -|<br>**11,080.35**|<br>**16,957.18**|
||||<br>|||
||**153,089.77**|**33,700.36**|<br>-|<br>**186,790.13**|**221,121.07**|



In 2019, income of £53,900.84 related to restricted funds, with the balance of all other income totalling £167,220.23 relating to unrestricted funds. 

11 



## **Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

## 3.  Expenditure 

|3(a)**Cost of generating voluntary income**<br>Envelopes - envelope giving<br>3(b)**Expenditure on** **charitable activities**<br>Vicar - expenses of office<br>YW - expenses of office<br>Readers, Ordinands, ALM – Book Allowance<br>Vicar – Book Allowance<br>Godly Play<br>BMNEC Grant<br>Pastoral Outreach Work<br>Community Lunch<br>CAMEO Expenses<br>Administrators<br>Property stewards<br>Church cleaner<br>Employer’s Pension Contributions<br>Youth worker salary<br>Kitchen<br>POW<br>Gas<br>Electricity<br>Insurance (church and organ)<br>Repairs and maintenance<br>Churchyard maintenance<br>Insurance 43 Spilsby Rd<br>Repairs 43 Spilsby Rd<br>43 Spilsby Road Budget<br>Trinity news<br>Vicar – telephone<br>YW – telephone<br>Communion wine and wafers<br>Training/conferences<br>Independent examiner<br>Payroll charges<br>Tithe<br>Parish share<br>Special collections<br>3(c**) Other expenditure**<br>Debtor written off<br>Evangelism initiatives<br>It’s your move books<br>Holiday club/kidz connect<br>Schools|Unrestricted<br>funds<br>£<br>105.10|Restricted<br>funds<br>£<br> <br>**- **|Endowment<br>funds<br>£<br> <br>**- **|Total funds<br>2020<br>£<br> <br>105.10|Total funds<br>2019<br>£<br> <br> <br>102.38|
|---|---|---|---|---|---|
||**105.10**|<br>**-**|**-**|**105.10**|<br>**102.38**|
||117.22<br>-<br>41.00<br>47.87<br>-<br>-<br>31.48<br>335.65<br>-<br>14,880.04<br>1,658.93<br>5,236.68<br>-<br>-<br>-<br>-<br>1,047.02<br>913.21<br>3,695.61<br>1,004.06<br>2,145.62<br>369.00<br>5,539.92<br>2,000.00<br>33.77<br>570.17<br>-<br>11.22<br>440.00<br>800.00<br>642.12<br>14,210.05<br>41,289.93<br>2,725.14|<br>-<br> <br>261.83<br> <br>-<br> <br>-<br> <br>-<br> <br>387.84<br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br>-<br> <br>747.96<br>22,392.44<br> <br>-<br>14,711.65<br> <br>-<br>-<br> <br>-<br>-<br>-<br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>281.91<br>-<br>-<br> <br>-<br> <br>137.28<br> <br>-<br> <br>-<br> <br>-|<br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br>-|<br>117.22<br> <br>261.83<br> <br>41.00<br> <br>47.87<br> <br>-<br> <br>387.84<br> <br>31.48<br> <br>335.65<br> <br>-<br> <br>14,880.04<br> <br>1,658.93<br> <br>5,236.68<br> <br>747.96<br> <br>22,392.44<br> <br>-<br> <br>14,711.65<br> <br>1,047.02<br> <br>931.21<br> <br>3,695.61<br> <br>1,004.06<br> <br>2,145.62<br> <br>369.00<br> <br>5,539.92<br> <br>2,000.00<br> <br>33.77<br> <br>570.17<br> <br>281.91<br> <br>11.22<br> <br>440.00<br> <br>800.00<br> <br>779.40<br> <br>14,210.05<br> <br>41,289.93<br>2,725.14|<br>372.60<br> <br>72.90<br> <br>102.00<br> <br>-<br> <br>500.92<br> <br>828.43<br> <br>23.12<br> <br>494.33<br> <br>295.60<br> <br>14,491.08<br> <br>1,535.40<br> <br>4,948.23<br> <br>663.15<br> <br>22,462.84<br> <br>94.51<br> <br>14,629.32<br> <br>1,484.28<br> <br>1,738.37<br> <br>3,605.65<br> <br>700.84<br> <br>2,895.22<br> <br>528.07<br> <br>2,241.51<br> <br>2,500.00<br> <br>461.43<br> <br>577.10<br> <br>269.05<br> <br>124.05<br> <br>1,454.40<br> <br>800.00<br> <br>582.60<br> <br>14,800.61<br> <br>41,425.00<br> <br>4,547.86|
||**99,785.71**|**38,920.91**|**- **|<br>**138,706.62**|**142,250.47**|
||-<br>300.00<br>192.00<br>49.14<br>26.64|<br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-|<br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-|<br>-<br> <br>300.00<br> <br>192<br> <br>49.14<br> <br>26.64|<br>156.05<br> <br>300.00<br> <br>228.00<br> <br>1,237.70<br> <br>7.13|



12 



## **Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

|Sunday Morning Teaching & Resources<br>CYFA Teaching & Resources<br>Youth Evangelism<br>Sundries<br>Printing and stationery<br>Photocopier<br>Office equipment<br>Purchase of books<br>Copyright/licence<br>Church office – telephone<br>Postages<br>Catering<br>Alpha Courses<br>Flowers<br>Church service expenses<br>Data developments<br>Gifts<br>Assistant youth leader expenses<br>Messy church<br>Sundries<br>Sundries (not budget)<br>Tax reclaimed<br>Small Groups<br>Evangelism<br>Mowbray bequest<br>Voluntary work support<br>Coffee<br>Quinquenial<br>Depreciation<br>PA<br>Music<br>Allocations – YW<br>Allocations – POW<br>Allocations – fabric fund<br>Website<br>AV Project<br>3(d)**Hall expenditure**<br>Cleaning<br>Electricity<br>Gas<br>Churchyard<br>Water rates<br>Hall repairs/maintenance<br>Lounge repairs/maintenance<br>Payment to church<br>Lounge Capital Expenditure|Unrestricted<br>funds<br>£<br>457.57<br>85.81<br>479.11<br>-<br>288.12<br>537.09<br>6.99<br>44.66<br>171.59<br>372.82<br>63.72<br>108.19<br>41.49<br>-<br>493.96<br>150.01<br>100.43<br>-<br>45.83<br>198.36<br>-<br>94.50<br>174.89<br>264.00<br>4,179.05<br>-<br>187.00<br>2,865.56<br>2,056.56<br>-<br>-<br>7,946.00<br>5,110.00<br>2,000.00<br>112.32<br>-|Restricted <br>funds<br>£<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>215.00<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>2,041.54<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>99.70<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br>-<br>15.99|Endowment <br>funds<br>£<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>-|Total funds <br>2020<br>£<br> <br>457.57<br> <br>85.81<br> <br>479.11<br> <br>-<br> <br>288.12<br> <br>537.09<br> <br>6.99<br> <br>44.66<br> <br>171.59<br> <br>372.82<br> <br>63.72<br> <br>108.19<br> <br>41.49<br> <br>-<br> <br>708.96<br> <br>150.01<br> <br>100.43<br> <br>-<br> <br>45.83<br> <br>198.36<br> <br>2,041.54<br> <br>94.50<br> <br>174.89<br> <br>264.00<br> <br>4,179.05<br> <br>-<br> <br>187.00<br> <br>2,865.56<br> <br>2,056.56<br> <br>99.70<br> <br>-<br> <br>7,946.00<br> <br>5,110.00<br> <br>2,000.00<br> <br>112.32<br>15.99|Total funds<br>2019<br>£<br> <br>329.11<br> <br>395.68<br> <br>776.89<br> <br>357.07<br> <br>240.83<br> <br>909.74<br> <br>1,013.30<br> <br>66.67<br> <br>913.48<br> <br>475.47<br> <br>85.27<br> <br>794.88<br> <br>316.67<br> <br>81.40<br> <br>615.49<br> <br>151.51<br> <br>81.34<br> <br>250.00<br> <br>251.85<br> <br>235.13<br> <br>5,294.27<br> <br>265.25<br> <br>477.09<br> <br>234.00<br> <br>3,741.33<br> <br>180.00<br> <br>739.80<br> <br>-<br> <br>2,056.56<br> <br>54.95<br> <br>17.40<br> <br>7,685.00<br> <br>4,966.00<br> <br>2,000.00<br> <br>162.62<br> <br>396.00|
|---|---|---|---|---|---|
||**29,203.41**|**2,372.23**|**-**|**31,575.64**|**38,540.93**|
||6,079.93<br>1,285.70<br>1,046.94<br>451.63<br>894.15<br>2,621.74<br>893.82 <br>-<br>423.94|-<br>-<br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>- <br> <br>-<br> <br>-|-<br>-<br>-<br> <br>-<br> <br>-<br> <br>-<br> <br>- <br> <br>-<br> <br>-|6,079.93<br>1,285.70<br>1,046.94<br> <br>451.63<br> <br>894.15<br> <br>2,621.74<br> <br>893.82 <br> <br>-<br> <br>423.94|5,628.24<br>2,033.33<br>1,484.27<br> <br>651.24<br> <br>144.73<br> <br>3,387.85<br> <br>399.64<br> <br>1,000.00<br> <br>4,960.07|



13 



## **Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

|Hall/Lounge Sundries<br>Insurance<br>3(e)**Costs of generating funds**<br>Café - Food<br>Café - other<br> **TOTAL**|Unrestricted<br>funds<br>£<br>644.39<br>1,847.80|Restricted<br>funds<br>£<br> <br>-<br> <br>-|Endowment<br>funds<br>£<br> <br>-<br>-|Total funds<br>2020<br>£<br> <br>644.39<br>1,847.80|Total funds<br>2019<br>£<br> <br>1,282.35<br> <br>1,802.83|
|---|---|---|---|---|---|
||**16,190.04**|-|-|**16,190.04**|**22,774.55**|
||1,124.65<br>107.13|<br>-<br> <br>-|<br>-<br>-|<br>1,124.65<br>107.13|<br>3,876.71<br> <br>559.61|
||**1,231.78**|-|-|**1,231.78**|**4,436.32**|
||||<br>|||
||**146,516.04**|**41,293.14**|-|<br>**187,809.18**|<br>**208,104.65**|



In 2019, £41,531.77 of expenditure related to restricted funds, with the balance of £166,572.88 relating to unrestricted funds. 

14 



**Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

## 4.  Staff costs 

- (a) Wages and salaries 

During the year the PCC employed an administrator, assistant administrator, two property stewards, two trinity centre cleaners, church cleaner, youth worker and pastoral outreach worker and accounted to HM Revenue & Customs for Tax and NI collected. The clergy’s stipend, pension contributions and housing costs are met by the Lincoln Diocesan Trust and Board of Finance Ltd. The PCC helps fund the LDTBF Ltd through its parish share payments. 

|Salaries and wages<br>Employer’s NIC<br>Pension costs<br>Total employment costs<br>Staff expenses and other costs<br>Total staff costs|2020<br>£<br>64,783.10<br>-<br>767.96<br>**65,551.06**<br>438.40<br>**65,989.46**|2019<br>£<br>63,523.01<br>-<br>663.15|
|---|---|---|
|||**64,186.16**|
|||513.05|
|||**64,699.21**|



The total staff employed numbered 9 (2019 - 9). No employee earned £60,000 or more. 

## (b) Payment to PCC members 

Expenses of Office were paid to the Vicar. 

Six PCC members were reimbursed for expenses incurred in the course of duties on behalf of the church. 

No other payments or expenses were paid to any other member of the PCC, persons closely connected with them or related parties. 

15 



## **Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

## 5. Fixed assets 

|**Cost or**<br>**Valuation**<br>Balance at 1st<br>January 2020<br>Additions<br>Disposals<br>Balance at 31st<br>December 2020<br>**Depreciation**<br>Balance at 1st<br>January 2020<br>Charge for the<br>year<br>Released on<br>disposal<br>Balance at 31st<br>December 2020<br>**Net Book**<br>**Value**|**Freehold**<br>**land and**<br>**buildings**<br>**£**<br>**Boilers**<br>**£**<br>**Photocopier**<br>**£**<br>**Total**<br>**£**<br>230,000.00<br>35,160.00<br>3,250.80<br>268,410.80|
|---|---|
||-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>230,000.00<br>35,160.00<br>3,250.80<br>268,410.80|
||-<br>2,930.00<br>1,787.94<br>4,717.94|
||-<br>1,406.40<br>650.16<br>2,056.56<br>-<br>-<br>-<br>-<br>-<br>4,336.40<br>2,438.10<br>6,774.50|
|||
|At 1stJanuary<br>2020|230,000.00<br>32,230.00<br>1,462.86<br>263,692.86|
|At 31st<br>December 2020|230,000.00<br>30,823.60<br>812.70<br>261,636.30|
|**NOTES**||



The freehold land and buildings comprise: 

- 1) 43 Spilsby Road, Boston is shown at £130,000, which was the saleable value at the last valuation. It is not known when this was. The value of the property has been recorded in the annual accounts as £130,000 since at least 2011. The property was bequeathed to the PCC in 1975 in the will of Olive Muriel Trevitt. The value of the property at that time is not known. 

- 2) The Trinity Centre is shown at £100,000. It is not known when the property was last valued. The land on which the Trinity Centre is built was acquired in the early 1970s. The original cost of the land and building is not known. 

## 6.  Debtors 

|_Unrestricted funds_<br>Tax recoverable<br>Prepayments<br>Other debtors<br>_Restricted funds_<br>Tax recoverable<br>Other debtors<br>Total debtors|2020<br>£<br>3,111.81<br>1,668.83<br>18,701.80<br>**23,482.44**<br>1,034.75<br>8.55<br>**1,043.30**<br>**24,525.74**|2019<br>£<br>5,031.37<br>2,373.88<br>18,468.81|
|---|---|---|
|||**25,874.06**|
|||867.25<br>8.55|
|||**875.80**|
|||**26,749.86**|



16 



## **Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

## 7.  Liabilities: amounts falling due within one year 

|_Unrestricted funds_<br>Un-cleared cheques<br>Other creditors<br>Accruals<br>_Restricted funds_<br>Creditors<br>Total creditors|2020<br>£<br>-<br>3,663.28<br>255.88<br>**3,919.16**<br>1,122.63<br>**1,122.63**<br>**5,041.79**|2019<br>£<br>722.60<br>3,187.56<br>618.61|
|---|---|---|
|||4,528.77|
|||717.25|
|||717.25|
|||5,246.02|



8.  Movement of funds during the year 

|**UNRESTRICTED**|**Balance b/f**|**Income**|**Expenditure**|**Transfers &**|**Balance c/f**|
|---|---|---|---|---|---|
|**FUNDS**|**£**|**£**|**£**|**revaluations**|**£**|
|||||**£**||
|General fund|52,153.95|133,315.08|(119,854.26)|-|65,614.77|
|**Designated funds**||||||
|Café fund|3,867.73|1,790.08|(1,231.78)|-|4,426.03|
|Community Lunch fund|92.66|324.19|(335.65)|-|81.20|
|Re-ordering fund|5,557.25|23.58|-|-|5,580.83|
|Fabric fund|8,939.32|2,036.05|(729.56)|-|10,245.81|
|43 Spilsby Road fund|4,718.41|4,467.92|(5,908.92)|-|3,277.41|
|Hall and Lounge fund|13,058.82|11,122.26|(16,399.31)|-|7,781.77|
|Youth Groups fund|151.02|0.63|-|-|151.65|
|Fixed asset fund|263,692.86|-|(2,056.56)|-|261,636.30|
|KPW fund|2,353.57|9.98|-|-|2,363.55|
|Total designated funds|302,431.64|19,774.69|(26,661.78)|-|295,544.55|
|_Total unrestricted funds_|354,585.59|153,089.77|(146,516.04)|-|361,159.32|
|**RESTRICTED FUNDS**||||||
|Christmas Fund|-|215.00|(215.00)|-|-|
|Vicar’s Discretionary Fund|443.46|3,998.47|(2,041.54)|-|2,400.39|
|Organ fund|14.23|0.05|-|-|14.28|
|PA fund|665.70|228.14|(99.70)|-|794.14|
|Youth Worker fund|15,427.16|17,417.37|(23,500.30)|-|9,344.23|
|AV fund|481.12|2.03|(15.99)|-|467.16|
|KPW fund|1,474.07|1,058.40|-|-|2,532.47|
|Youth Groups Fund|-|25.03|-|-|25.03|
|POW fund|8,577.37|10,704.84|(15,032.77)|-|4,249.44|
|BMNEC Grant fund|9,206.33|38.72|(387.84)|-|8,857.21|
|Re-ordering fund|2,900.86|12.31|-|-|2,913.17|
|_Total restricted funds_|39,190.30|33,700.36|(41,293.14)|-|31,597.52|
|**TOTAL**|**393,775.89**|**186,790.13**|**(187,809.18)**|**-**|**392,756.84**|



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**Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

## **Notes to the funds** 

## **Unrestricted funds** 

## **General fund** 

This is the main fund of the PCC and there is no restriction on its use. 

## **Designated** 

These are funds set aside by the PCC for a special purpose. 

_Fabric fund_ 

An allocation of £2,000 is made to this fund each year and the money is used for repairs to the church building. _43 Spilsby Road fund_ 

This fund is used for all expenditure related to 43 Spilsby Road. 

## _Hall and lounge fund_ 

The income from hiring out the Trinity Centre and the church lounge goes into this fund and all expenditure related to the Trinity Centre and lounge comes out of it. 

## _Community Lunch fund_ 

All income and expenditure related to the Community Lunch goes through this fund 

_Café fund_ 

All the takings from the Trinity Café are paid into this fund. Payments for supplies for the café come out of it. _Kitchen and Pastoral Outreach Worker fund_ 

The money in this fund is what is left of the £30,000 that the PCC allocated from the General fund to be used to fund the setting up of the new kitchen and fund the pastoral outreach worker post. As there is no longer any major expenditure related to the kitchen the money is now used solely to fund the Pastoral Outreach worker post. 

## _Pastoral Outreach Work fund_ 

The money in this fund was transferred from the Café fund to be spent on pastoral outreach work. _Re-ordering fund_ 

This fund holds a £5,000 bequest that has been designated for the expenditure on re-ordering works in the church 

## _Youth Work fund_ 

The money in this fund was transferred from the Café fund to be spent on youth work. 

## **Restricted funds** 

_PA fund_ 

Money given specifically towards the costs related to the PA system is paid into this fund. 

_Youth Worker fund_ 

Money given specifically towards funding the youth worker post is paid into this fund. The money is used to meet all the costs related to employing a full time, salaried youth worker. 

_Kitchen and Pastoral Outreach Worker fund_ 

When the PCC held a gift day to fund the new kitchen and pastoral outreach worker post, some people set up standing orders giving money to both rather than one or the other. These standing orders are paid into this fund. As there is no longer any major expenditure related to the kitchen the money is now used solely to fund the pastoral outreach worker post. 

## _Kitchen fund_ 

This fund contains the remains of the money given to construct the new kitchen. 

_Pastoral Outreach Worker fund_ 

Money given specifically towards funding the pastoral outreach worker post is paid into this fund. The money is used to meet all the costs related to employing a person in this role. 

## _AV fund_ 

Money given specifically towards the costs related to the PA system is paid into this fund. 

## _Organ fund_ 

A small amount of money remains in this fund that can only be used towards costs related to the organ. _Christmas fund_ 

This fund holds a donation that was given towards the cost of Christmas celebrations. _Vicar’s Discretionary Fund_ 

Donations paid into this fund are used as felt necessary. 

_BMNEC Grant Fund_ 

A grant has been awarded by the Boston Municipal Non-Educational Charites for pastoral outreach work. Any expenditure related to this comes out of this fund. 

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## **Parochial Church Council of Holy Trinity Church Boston** 

## **___________________________________________________________________** 

_Re-ordering fund_ 

This fund receives any donations given towards re-ordering work in the church. 

19 



## **PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, BOSTON** 

## **Independent Examiner's Report to the Parochial Church Council of Holy Trinity Church, Boston** 

I report on the accounts of the company for the year ended 31[st] December 2020 which are set out on page 7 to 19. 

## **Respective responsibilities of trustees and examiner** 

The charity’s trustees are responsible for the preparation of the accounts.  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: 

- examine the accounts under section 145 of the 2011 Act; 

- follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and 

- state 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 Commission.  An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records.  It also includes consideration of any unusual items or disclosures in the accounts, 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 accounts present a “true and fair view” and the report is limited to those matters set out in the statement below. 

## **Independent examiner's statement** 

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

- 1 which gives me reasonable cause to believe that, in any material respect, the requirements: 

   - to keep accounting records in accordance with section 130 of the 2011 Act; and 

   - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act 

have not been met; or 

- 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Independent Examiner………… ………………..        Date: 03/03/2021 Damon Brain FMAAT ACA Duncan & Toplis Limited 4 Henley Way Doddington Road Lincoln LN6 3QR 

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