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2021-12-31-accounts

Parochial Church Council of Holy Trinity Church Boston

_____________

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

For the year ended 31 December 2021.

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 2021 until the date this report was approved are as follows:

Incumbent Rev Lis Ward
Rev Ian Ward		 Chair
Associate Vicar
Curate Rev Jon Speirs-Davis
Youth Worker Miss Eden Prothero From Sept 2021
Pastoral Outreach
Worker		 Mrs Paula Sargeant
Churchwardens Mrs Sandra Snell
Mr Barry Moseley
Representatives on the
Deanery Synod		 Mr Edward Barkham
Mrs Barbara Parkinson
Mr David Wilkinson
Mr Bill Barr		 Treasurer
Until June 2021
Elected Members Mr Francis Abiodun
Miss Ellie Blackburn
Mrs Anne Bladon
PCC Secretary Mrs Barbara Booth
Mr Tim Booth
Mrs Moira Goddard
Mr Anthony Jackson
Mrs Barbara Parkinson
Mrs Leila Peel
Mrs Heather Percival
Mrs Glenda Rutt
Mr Philip Smith
Mrs Alison Tulloch
Mr Graham Tulloch

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).

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Parochial Church Council of Holy Trinity Church Boston

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:

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

All these committees report back to full PCC meetings. The Leadership Advisory Group (not a PCC committee) also meets to offer pastoral and prayer support for the vicars.

Members of the Prayer Ministry Team are currently available after the main morning services. Our current service pattern is as follows:

Sunday 8.00am 10.30 am 6.30 pm
1st Worship and Grow Evening worship with Holy
Together (All Age) Communion
2nd Holy Communion Worship Together
3rd Worship Together with Evening worship
Holy Communion
4th Holy Communion Worship Together
5th Holy Communion Worship Together

Evening Worship is an informal service which takes place in the prayer space in Church. Groups for children and young people meet during 10.30am services except for 1[st] Sunday of the month. CYFA (Youth Fellowship) meets on Sunday evenings.

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.

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Parochial Church Council of Holy Trinity Church Boston

_____________

ACHIEVEMENTS AND PERFORMANCE

Church Attendance

There are 200 members on the Church Electoral Roll. Of the 200, 107 (53.5%) live in the parish and 93 (46.5%) live outside of the parish. This is a decrease of 1 member on last year’s Electoral Roll.

The average Sunday attendance in person during 2021 was 67 adults and 9 Children. These figures include attendance at 8:00 am Holy Communion, 10:30 am Service and 6:30 pm Evening Service. During this time, we were still in the grips of lockdowns and a global pandemic and our main 10:30 am service was live streamed and the average online weekly views were 100. These figures 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:

Service In Person On Line Views
Easter Day 60 adults and 6 children 136
Harvest Festival 115 adults and 19 children 65
Christmas Carol Service 90 adults and 22 children 234
Crib Service 23 adults and 28 children 54
Christmas Eve 39 adults and 0 children 29
Christmas Day 70 adults and 20 children 57

Occasional Services in 2021

Baptisms 3
Thanksgiving for the gift of a child 0
Weddings 4
Thanksgiving for Marriage/Blessing 1
Funerals in Church 1
Burial of Ashes 0
Confirmation 0

Review of the PCC Year

2021 continued from where 2020 left off, the national lockdown and covid restrictions meaning Zoom meetings rather than in person meetings for most of the year. The PCC met 3 times physically and 6 times on Zoom. The average attendance at PCC meetings in 2021 was 86% (80% in 2020).

The APCM was held on Sunday 18[th] April 2021. This was the first year where postal votes were allowed at the APCM for election of PCC members – this was agreed at the 2020 APCM. 13 people, who knew they could not attend the meeting, applied for postal Voting. Sandra Snell and Barry Moseley were re-elected as churchwardens and sworn in at the APCM

At the first meeting of the new PCC on 11[th] May 2021 the following elections and appointments were voted on and approved:

PCC Chair: Rev Lis Ward PCC Vice Chair: Sandra Snell Deputy Churchwardens: Frances Abioudun Heather Percival PCC Treasurer: Edward Barkham PCC Secretary: Barbara Booth PCC Minute Secretary: Nikki Jackson

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Parochial Church Council of Holy Trinity Church Boston

_____________

Subcommittees were also appointed – Standing Committee, Fabric and Finance and HR. The Leadership Advisory Group and Mission Group continued to meet, and reports were regularly received from subcommittees and from the treasurer, Pastoral Outreach Worker and from those involved in Youth and Children’s work.

During 2021 many challenges were thoughtfully and prayerfully considered by the PCC. With many restrictions still on church services, finances had to be carefully considered. Rev. Aly Buxton joined the meeting in February to talk about the dire financial situation of the Church including the Lincoln Diocese, emphasising how parishes will need to work more closely together, sharing resources and reducing the number of clergies in our Local Ecclesiastical Area. The plans being made are expected to take place over a 5-year period, initially titled ‘Resourcing Sustainable Church’, they are now known as ‘A Time to Change-together’. Trinity then had to decide on which ‘category’ of church we are or would like to be seen to be working towards – it was agreed to title us a ‘key mission church’. In October, Rev Sudharshan Sarvananthan and Trevor Baily presented to the PCC the diocesan covenant scheme, again explaining the diocese finances and impact on churches within Lincolnshire if the financial situation doesn’t change. As many churches are struggling to pay their Parish Share, the PCC agreed to try to pay at least their budgeted amount of £45,419 and work towards being able to pay the cost of employing 1 full time clergy – a cost of £55,000. This we managed to achieve by the end of 2021.

With the departure of Esther Lockley and Family, a vacancy arose for a Youth and Children’s Worker. The PCC decided that it wished to advertise and a working party was set up to look into advertising, interviewing and reporting back to PCC on any possible appointment. This ultimately led to the employment of Eden Prothero as our new Youth and Children’s Worker from September 2021.

Other things the PCC looked at throughout the year included;

Many thanks 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.

Holy Trinity Church Fabric Report 2021

The fabric of the Church, Lounge, Trinity Centre and 43 Spilsby Rd remain in very good order. We are very grateful to all those who give of their time, expertise, and financial support to maintain the buildings, church yard, grounds and gardens, entrusted to us, for the use of future generations.

In addition to the routine cleaning and maintenance activities that go alongside maintaining any buildings that are used by the public the following is of note.

In 2021 we had visits from 3 Architects to give advice regarding the possible reordering of the inside of the church. We await a visit from Lincoln DAC in early 2022.

Church and Churchyard

Apex Cross was removed, repaired, and refitted. Stone mason repairs to church and wall Church Bell pulley wheel repaired Church yard maintenance, gravestone and memorial stones cleared Bench was donated by the family of Dennis George in his memory

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Parochial Church Council of Holy Trinity Church Boston

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Temporary stage lighting at front of church to aid with live screening of services Remedial work to main entrance door

Lounge Sliding door mechanism repaired Entrance Hall, stairs and corridor to Trinity Centre decorated. Trinity Centre New roof fitted Lights replaced in internal corridor New drains inspection cover and surround fitted in carpark New fridge purchased for kitchen 43 Spilsby Rd Redecorated internally Repairs to bath New carpets fitted in office, lounge and bedrooms. New vinyl floor in kitchen Garden cleared and borders replanted. Grass reseeded. Trees pruned. Garden fence painted. Windows repaired and new locks fitted. New locks fitted to all doors. Gas fires serviced, chimneys swept and cowls fitted. Remedial electrical work to hall light and bathroom fan. Ramp for entrance to house via French doors.

Financial Review

For the year ended 31[st] December 2021, the accounts show that the PCC made a surplus of income over expenditure of £30,815.07. This compares with a deficit of £1,019.05 in 2020. Overall expenditure was £29,017.58 (or 15.5%) higher than in 2020. Income was also higher than in 2020 by £60,851.70 (or 32.6%). This was boosted by legacies received of £47,427.56. The main differences in income for 2021, compared with 2020, were as follows –

The main differences in expenditure for 2021, compared with 2020, were -

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Parochial Church Council of Holy Trinity Church Boston

Unrestricted funds showed a surplus for the year of £30,409.83 and a fund balance of £391,069.15. £271,279.74 of this relates to fixed assets, so the fund balance for unrestricted current assets is £119,789.41. The total restricted funds showed a surplus of £405.24 and a fund balance of £32,502.76.

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 2021 the balance held in the General Fund was £107,679.11.

Approved by the Parochial Church Council on 28th March 2022 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 2021

Notes
Income and
endowments from
Donations and legacies
2(a)
Investments
2(b)
Income from charitable activities
2(c)
Other income
2(d)
Hall income
2(e)
Expenditure on
Costs of generating voluntary income
3(a)
Cost of generating funds
3(e)
Expenditure on charitable activities
3(b)
Other expenditure
3(c)
Hall expenditure
3(d)
Net income /(expenditure) resources
before transfers
Gross transfers between funds - in
- out
Net movement in funds
Balances b/f 1st Jan 2021
Balances c/f 31st Dec 2021		 Unrestricted
funds
£
175,835.32
36.99
5,536.75
17,307.74
18,302.88		 Restricted
funds
£

1,811.56

16.15

-

28,794.44

-		 Endowment
funds
£

-

-

-

-
-
Total funds
2021
£


177,646.88

53.14

5,536.75

46,102.18
18,302.88		 Total funds
2020
£


129,730.58

417.71

3,560.04

42,001.45

11,080.35
217,019.68
30,622.15
-		 247,641.83
186,790.13
75.49
1,660.19
113,657.05
57,034.56
14,182.56
-

-

27,864.82

2,352.09

-
-

-

-

-
-
75.49

1,660.19

141,521.87

59,386.65
14,182.56
105.10

1,231.78

138,706.62

31,575.64

16,190.04
186,609.85
30,216.91
-		 216,826.76
187,809.18
30,409.83
118,446.30
(118,946.30)
405.24

27,199.65

(26,699.65)
-

-

-
30,815.07

145,645.95

(145,645.95)
(1,019.05)

95,437.80

(95,437.80)
29,909.83
361,159.32
905.24

31,597.52
-

**- **
30,815.07

392,756.84
(1,019.05)

393,775.89
391,069.15
32,502.76
-		 423,571.91
392,756.84

7

Parochial Church Council of Holy Trinity Church Boston

_____________

Balance sheet

As at 31 December 2021

Notes
Fixed assets
Tangible assets
5
Current assets
Debtors
6
Cash at bank and in hand
Liabilities
Creditors: amounts falling due within one year
7
Net current assets or liabilities
Total assets less current liabilities
Net assets or liabilities
The funds of the charity
8
Restricted income funds
Total designated funds
Total unrestricted funds		 Unrestricted
funds
£

271,279.74
Restricted
funds
£

-		 Endowment
funds
£
-
Total funds
2021
£
271,279.74		 Total funds
2020
£



261,636.30
271,279.74
35,319.75
91,736.57
-

781.30
31,965.99
-
-
-
271,279.74

36,101.05

123,702.56
261,636.30

24,525.74
111,636.59
127,056.32
7,266.91
119,789.41
391,069.15
32,747.29

244.53

32,502.76

32,502.76		 -
-
-
-
159,803.61

7,511.44

152,292.17
423,571.91
136,162.33

5,041.79

131,120.54

392,756.84
391,069.15
32,502.76		 -
423,571.91
392,756.84
-
283,390.04
107,679.11
32,502.76


-		 -
-
32,502.76
283,390.04
107,679.11
31,597.52

295,544.55

65,614.77
391,069.15
32,502.76		 -
423,571.91
392,756.84

Approved by the Parochial Church Council on 28th March 2022 and signed on its behalf by

Rev. Lis Ward Edward Barkham Vicar Church Treasurer

The notes on pages 9 to 20 form part of these accounts

8

Parochial Church Council of Holy Trinity Church Boston

_____________

Notes to the financial statements

For the year ended 31 December 2021

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 2019) – (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.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life –

Boilers – 4% on cost Photocopier – 20% on cost Trinity Centre Roof – 2.5% on cost

9

Parochial Church Council of Holy Trinity Church Boston

_____________

Freehold properties – not depreciated

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.

10

Parochial Church Council of Holy Trinity Church Boston

_____________

2. Income and endowments

2(a)Donations and legacies
Envelopes
Banker’s orders
Loose cash
Income tax recovered
Gift aid special Sundays
Special collections
Donation/gift day
Donation/other
Legacies
Wedding/Funeral Collections in church
2(b)Investments
Bank interest – general fund
Bank interest – other funds
2(c)Income from charitable activities
Parochial fees
Trinity news
Café Takings
Community Lunch
2(d)Other income
Photocopier - private use
Church fabric Allocation
Youth worker
Insurance Claim
Miscellaneous
Coffee
Mowbray bequest
Rent 43 Spilsby Rd
43 Spilsby Rd Allocation
Small Groups
HMRC Job Retention Scheme
VAT Reclaimed
Heating
PA
KPW
POW		 Unrestricted
funds
£
5,500.00
78,493.94
8,297.73
21,229.67
172.50
2,129.55
-
12,052.35
47,427.56
532.02		 Restricted
funds
£
-
-
-

-

51.56

-

1,040.00

720.00

-

-		 Endowment
funds
£

-

-

-

-

-

-

-

-

-
-		 Total funds
2021
£

5,500.00

78,493.94

8,297.73

21,229.67

224.06

2,129.55

1,040.00

12,772.35

47,427.56
532.02		 Total funds
2020
£


9,024.30

70,751.62

2,855.67

19,376.20

94.50

2,660.65

-

20,895.20

4,072.44

-
175,835.32
1,811.56
-
177,646.88
129,730.58
23.58
13.41		 -

16.15


-
-


23.58

29.56
153.46
264.25
36.99
16.15
-		 53.14
417.71
2,414.00
-
2,903.75
219.00		 -
-
-

-


-

-

-
-


2,414.00

-

2,903.75
219.00
1,139.00

325.50

1,771.54

324.00
**5,536.75 ** -
-
5,536.75		 3,560.04
52.22
3000.00
-
-
315.00
57.00
7,664.10
1,360.00
2,000.00
-
-
2,599.42
260.00
-
-
-		 -

-

17,263.28

-
-
-
-

-

-

-

-

-

-

225.00

1,012.50
10,293.66


-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-


52.22

3,000.00

17,263.28

-

315.00

57.00

7,664.10

1,360.00

2000.00

-

-

2,599.42

260.00

225.00

1,012.50
10,293.66
58.40

2,000.00

17,376.10

545.00

58.00

80.19

4,179.05

1,920.00

2000.00

36.00

1,678.35

44.05

65.00

225.00

1,050.01

10,686.30
17,307.74 28,794.44 - 46,102.18 42,001.45

11

Parochial Church Council of Holy Trinity Church Boston

_____________

2(e)Hall income
Lettings
Donations
HMRC Job Retention Scheme
VAT Reclaimed
TOTAL		 Unrestricted
funds
£


16,157.68
145.20
-
2,000.00		 Restricted
funds
£




-
-

-
-		 Endowment
funds
£





-

-

-
-		 Total funds
2021
£





16,157.68

145.20

-
2,000.00		 Total funds
2020
£


9,865.05

300.00

915.30

-
18,302.88 - - 18,302.88 11,080.35



217,019.68 30,622.15 - 247,641.83 186,790.13

In 2020, income of £33,700.36 related to restricted funds, with the balance of all other income totalling £153,089.77 relating to unrestricted funds.

12

Parochial Church Council of Holy Trinity Church Boston

_____________

3. Expenditure

3(a)Cost of generating voluntary income
Envelopes - envelope giving
3(b)Expenditure on charitable activities
Vicar - expenses of office
YW - expenses of office
Readers, Ordinands, ALM – Book Allowance
Vicar – Book Allowance
Curate – Expenses of Office
Curate – Book Allowance
BMNEC Grant
Pastoral Outreach Work
Community Lunch
Organ
Administrators
Property stewards
Church cleaner
Employer’s Pension Contributions
Youth worker salary
Youth worker post
POW
Gas
Electricity
Insurance (church and organ)
Repairs and maintenance
Churchyard maintenance
Insurance 43 Spilsby Rd
Repairs 43 Spilsby Rd
43 Spilsby Road Budget
You leader training
Trinity news
Vicar – telephone
Curate – telephone
YW – telephone
Communion wine and wafers
Training/conferences
Independent examiner
Payroll charges
Tithe
Parish share
Special collections		 Unrestricted
funds
£
75.49		 Restricted
funds
£

**- **		 Endowment
funds
£

**- **		 Total funds
2021
£

75.49		 Total funds
2020
£

105.10
75.49
-		 - 75.49
105.10
425.37
-
100.00
40.48
105.75
20.49
-
452.74
259.08
25.70
15,347.63
1,735.78
5,439.35
-
-
169.95
-
1,327.70
1,305.53
3,506.86
971.34
2,315.72
289.15
3,547.74
2,000.00
12.03
-
543.37
291.15
-
109.48
1,015.24
800.00
420.63
13,175.00
55,000.00
2,903.79
-

210.77

-

-

-

-

1,743.56
-

-

14.29

-

-
-

342.49

7,990.54

786.66
15,604.67

-
-

-
-
-
-

1,091.89

-

-

-

-

-

79.95
-
-

-

-

-

-

-
-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-
-
425.37

210.77

100.00

40.48

105.75

20.49

1,743.56

452.74

259.08

39.99

15,347.63

1,735.78

5,439.35

342.49

7,990.54

956.61

15,604.67

1,327.70

1,305.53

3,506.86

971.34

2,315.72

289.15

4,639.63

2,000.00

12.03

-

543.37

291.15

79.95

109.48

1,015.24

800.00

420.63

13,175.00

55,000.00
2,903.79
117.22

261.83

41.00

47.87

-

-

387.84

31.48

335.65

-

14,880.04

1,658.93

5,236.68

747.96

22,392.44

-

14,711.65

1,047.02

931.21

3,695.61

1,004.06

2,145.62

369.00

5,539.92

2,000.00

-

33.77

570.17

-

281.91

11.22

440.00

800.00

779.40

14,210.05

41,289.93

2,725.14
113,657.05 27,864.82 **- **
141,521.87		 138,706.62

13

Parochial Church Council of Holy Trinity Church Boston

_____________

3(c) Other expenditure
Evangelism initiatives
It’s your move books
Holiday club/kidz connect
Schools
Sunday Morning Teaching & Resources
CYFA Teaching & Resources
Youth Evangelism
Sundries
Printing and stationery
Photocopier
Office equipment
Purchase of books
Copyright/licence
Church office – telephone
Postages
Catering
Alpha Courses
Youth Alpha
Church service expenses
Data developments
Gifts
Messy church
Sundries
Sundries (not budget)
Tax reclaimed
Small Groups
Evangelism
Mowbray bequest
Coffee
Quinquenial
Depreciation
PA
Allocations – YW
Allocations – POW
Allocations – fabric fund
Website
AV Project
3(d)Hall expenditure
Cleaning
Electricity
Gas
Churchyard
Water rates
Hall repairs/maintenance
Lounge repairs/maintenance
Lounge Capital Expenditure		 Unrestricted
funds
£
99.00
258.00
-
-
830.20
269.62
806.95
252.49
264.55
646.21
34.93
56.70
165.31
408.31
107.85
175.51
67.59
53.02
615.99
150.20
173.96
-
135.17
6,644.00
165.00
-
270.00
7,664.10
366.30
17,990.06
2,356.56
-
7,702.03
5,212.41
3,000.00
92.54
-		 Restricted
funds
£

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,151.26

-

-

-

-

-

-

-

200.83

-

-

-
-
-		 Endowment
funds
£

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-
-		 Total funds
2021
£

99.00

258.00

-

-

830.20

269.62

806.95

252.49

264.55

646.21

34.93

56.70

165.31

408.31

107.85

175.51

67.59

53.02

615.99

150.20

173.96

-

135.17

8,795.26

165.00

-

270.00

7,664.10

366.30

17,990.06

2,356.56

200.83

7,702.03

5,212.41

3,000.00

92.54
-		 Total funds
2020
£

300.00

192

49.14

26.64

457.57

85.81

479.11

-

288.12

537.09

6.99

44.66

171.59

372.82

63.72

108.19

41.49

-

708.96

150.01

100.43

45.83

198.36

2,041.54

94.50

174.89

264.00

4,179.05

187.00

2,865.56

2,056.56

99.70

7,946.00

5,110.00

2,000.00

112.32
15.99
57,034.56 2,352.09 - 59,386.65 31,575.64


5,551.62
1,674.10
1,327.62
422.50
693.00
1,040.75
1,090.91
-




-

-

-

-

-

-

-

-




-

-

-

-

-

-

-

-




5,551.62

1,674.10

1,327.62

422.50

693.00

1,040.75

1,090.91

-


6,079.93

1,285.70

1,046.94

451.63

894.15

2,621.74

893.82

423.94

14

Parochial Church Council of Holy Trinity Church Boston

_____________

Hall/Lounge Sundries
Insurance
3(e)Costs of generating funds
Café - Food
Café - other
TOTAL		 Unrestricted
funds
£
628.58
1,753.48		 Restricted
funds
£

-

-		 Endowment
funds
£

-
-		 Total funds
2021
£

628.58
1,753.48		 Total funds
2020
£

644.39

1,847.80
14,182.56 - - 14,182.56 16,190.04
1,563.54
96.65
-

-
-
-
1,563.54
96.65
1,124.65

107.13
1,660.19 - - 1,660.19 1,231.78



186,609.85 30,216.91 -
216,826.76
187,809.18

In 2020, £41,293.14 of expenditure related to restricted funds, with the balance of £146,516.04 relating to unrestricted funds.

15

Parochial Church Council of Holy Trinity Church Boston

_____________

4. Staff costs

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
Employer’s NIC
Pension costs
Total employment costs
Staff expenses and other costs
Total staff costs		 2021
£
51,087.23
-
342.49
51,429.72
450.24
51,879.96		 2020
£
64,783.10
-
767.96
65,551.06
438.40
65,989.46

The total staff employed numbered 8 (2020 - 9). No employee earned £60,000 or more.

(b) Payment to PCC members

Expenses of Office were paid to the Vicar.

Five 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.

16

Parochial Church Council of Holy Trinity Church Boston

_____________

5. Fixed assets

Cost or
Valuation
Balance at 1st
January 2021
Additions
Disposals
Balance at 31st
December 2021
Depreciation
Balance at 1st
January 2021
Charge for the
year
Released on
disposal
Balance at 31st
December 2021
Net Book
Value		 Freehold
land and
buildings
£
Boilers
£
Photocopier
£
Trinity Centre
Roof
£
Total
£
230,000.00
35,160.00
3,250.80
-
268,410.80
-
-
-
12,000.00
-
-
-
-
-
-
230,000.00
35,160.00
3,250.80
12,000.00
280,410.80
-
4,336.40
2,438.10
-
6,774.50
-
1,406.40
650.16
300.00
2,356.56
-
-
-
-
-
-
5,742.80
3,088.26
300.00
9,131.06
At 1stJanuary
2021		 230,000.00
30,823.60
812.70
-
261,636.30
At 31st
December 2021		 230,000.00
29,417.20
162.54
11,700.00
271,279.74
NOTES

The freehold land and buildings comprise:

6. Debtors

Unrestricted funds
Tax recoverable
Prepayments
Other debtors
Restricted funds
Tax recoverable
Other debtors
Total debtors		 2021
£
5,236.62
2,047.38
38,035.75
35,319.75
772.75
8.55
781.30
36,101.05		 2020
£
3,111.81
1,668.83
18,701.80
23,482.44
1,034.75
8.55
1,043.30
24,525.74

17

Parochial Church Council of Holy Trinity Church Boston

_____________

7. Liabilities: amounts falling due within one year

Unrestricted funds
Un-cleared cheques
Other creditors
Accruals
Restricted funds
Creditors
Total creditors		 2021
£
-
6,475.82
791.09
7,266.91
244.53
244.53
7,511.44		 2020
£
-
3,663.28
255.88
3,919.16
1,122.63
1,122.63
5,041.79
  1. Movement of funds during the year
UNRESTRICTED Balance b/f Income Expenditure Transfers & Balance c/f
FUNDS £ £ £ revaluations £
£
General fund 65,614.77 186,621.22 (144,190.23) (366.65) 107,679.11
Designated funds
Café fund 4,426.03 2,906.03 (3,560.19) (1,750.00) 2,021.87
Community Lunch fund 81.20 219.01 (259.08) - 41.13
Re-ordering fund 5,580.83 2.85 - - 5,583.68
Fabric fund 10,245.81 5,602.92 (17,990.06) - (2,141.33)
43 Spilsby Road fund 3,277.41 3,361.38 (3,836.89) - 2,801.90
Hall and Lounge fund 7,781.77 18,304.96 (14,182.56) (11,000.00) 904.17
Youth Groups fund 151.65 0.11 (234.28) 616.65 534.13
Fixed asset fund 261,636.30 - (2,356.56) 12,000.00 271,279.74
KPW fund 2,363.55 1.20 - - 2,364.75
Total designated funds 295,544.55 30,398.46 (42,419.62) (133.35) 283,390.04
Total unrestricted funds 361,159.32 217,019.68 (186,609.85) (500.00) 391,069.15
RESTRICTED FUNDS
Vicar’s Discretionary Fund 2,400.39 321.08 (1,607.27) 500.00 1,614.20
Organ fund 14.28 0.01 (14.29) - -
PA fund 794.14 225.43 (200.83) - 818.74
Youth Worker fund 9,344.23 17,269.48 (9,693.44) - 16,920.27
AV fund 467.16 0.24 - - 467.40
KPW fund 2,532.47 1,013.83 - (1,470.88) 2,075.42
Youth Groups Fund 25.03 400.05 - - 425.08
POW fund 4,249.44 10,294.46 (15,865.63) 1,470.88 149.15
BMNEC Grant fund 8,857.21 4.18 (1,743.56) - 7,117.83
Re-ordering fund 2,913.17 1.50 - - 2,914.67
43 Spilsby Road fund - 1,091.89 (1,091.89) -
Total restricted funds 31,597.52 30,622.15 (30,216.91) 500.00 32,502.76
TOTAL 392,756.84 247,641.83 (216,826.76) - 423,571.91

18

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 is made to this fund each year from the general fund 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.

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. 43 Spilsby Road fund

This fund contained money donated to replace the carpets at 43 Spilsby Road

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.

19

Parochial Church Council of Holy Trinity Church Boston

_____________

Re-ordering fund

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

The money in this fund is donated to be spent on youth work.

20

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 2021 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:

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:

have not been met; or

Independent Examiner………… ……………….. Date: 28/03/2022 Damon Brain FMAAT ACA Duncan & Toplis Limited 4 Henley Way Doddington Road Lincoln LN6 3QR

21