The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Financial statements
For the period ended 31 December 2020
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Contents of the Financial Statements For the Period Ended 31 December 2020
| Page | |
|---|---|
| Charity information | 1 |
| Trustees report | 2 |
| Statement of trustees responsibilities | 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 |
| The following pages do not form part of the statutory | accounts: |
| Detailed statement of financial activities (Unrestricted) | 9 |
| Detailed statement of financial activities (Restricted) | 10 |
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Charity Information
For the Period Ended 31 December 2020
CHARITY NUMBER: 1132311 GOVERNING INSTRUMENT: The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. REGISTERED OFFICE: 7 Arlington Road Teddington Middlesex TW11 8NL TRUSTEES: Reverend Michael William Dobson Mrs Janet Tewkesbury Mr Ronnie Smith Mrs Lisa Clara Bannon Mr Michael Akers Mr Julian Andrew Coxon-Aristizabal Mr John Bannon Mrs Janet Davis Mrs Jacqualine Dimmer Mrs Barbara Akers Ms Kathleen Bernadette Henley Mrs Alma Chisholm Mr Gerald Paul Gorringe Dr Stephen Peter Fry REPORTING ACCOUNTANTS: Rishworth Baxter Accountants 26 Cheapside Wakefield West Yorkshire WF1 2TF BANKERS: Barclays Bank UK PLC 1 Churchill Place London E14 5HP
Page 1
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Report of the Trustees
For the Period Ended 31 December 2020
The trustees present their report with the financial statements of the company for the period ended 31 December 2020. The information set out on page 1 forms part of this report.
OBJECTIVES AND REVIEW OF PROGRESS AND ACHIEVEMENTS
St. George’s Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, the Rev’d Dr. Michael William Dobson (at time of writing) in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. In the period of this account St George was served first by the Rev’d Richard Frank as an interim priest in charge until April 2021 and thereafter by Fr. Michael. The PCC is also specifically responsible for the maintenance of the Parish Hall and associated buildings located to the north of the church, the open church yard and has historically held several related charitable trusts.
The PCC is committed to sharing the love of God through high quality traditional worship and by exceptional pastoral care in the parish for all who seek our Lord. The PCC maintains an overview of the functional, fabric and practical aspects of worship and mission and is integrally involved in all aspects of the mission. The PCC suggests outreach events that capture the opportunities and emergent needs in the community. The PCC suggests links and partnerships with sympathetic groups, churches and organizations for the mutual benefit and especially so as to meet the church
ORGANISATION
The Church is a registered Charity under number 1132311. It is run by appointed trustees.
RESERVES POLICY AND RISK MANAGEMENT
Projects, whether entailing capital or revenue expenditure, are not initiated until funding is committed. At present, dontions are the main source of income for specific projects. General reserves at 31 December 2020 are £25,186.18
The PCC is determined to offer the highest possible quality of worship which do great honour to God, which are consistent with the one true Holy and Apostolic church throughout the ages and which bless the congregation with a sense of the real presence of God.
AGENTS AND ADVISORS
The reporting accounts are Rishworth Baxter Accountants.
REVIEW OF FINANCIAL ACTIVITIES AND AFFAIRS
The accounts comply with statutory requirements, the governing document and the SORP relating to charities.
ACCOUNTS
The attached statement of account complies with the Charities Act 1993, the Statement of Recommended Practice 2000 and the charity's governing document.
SIGNED ON BEHALF OF THE TRUSTEES
…………………………………………………………..
Rev'd M Dobson
Date:
Page 2
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Statement of Trustees' responsibilities For the Period Ended 31 December 2020
Charity law requires to prepare Financial Statements for each financial year which give a true view of the state of affairs of the Charity and of its financial activities for that period. In preparing those Financial Statements the Trustees are required to:
a) Select suitable accounting policies and then apply them consistently:
b) Make judgments and estimates that are responsible and prudent;
c) State whether the policies adopted are in accordance with SORP2000 and with applicable accounting standards, subject to any material departures disclosed and explained in the Financial Statements;
d) Prepare the Financial Statements on the going concern basis unless it is inappropriate to assume that the Charity will continue operating.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the Financial Statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.
Page 3
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Reporting accountants report to the Trustees of The Ecclesiastical Parish of George Hanworth For the Period Ended 31 December 2020
I report on the accounts of the Charity for the period ended 31 December 2020 which are set out on pages 5 to 9.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND REPORTING ACCOUNTANT
As the Charity's Trustees you are responsible for the preparation of the Accounts; you consider that the audit requirement of Section 43 (2) of the Charities Act 1993 does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under Section 43 (7)(b) of the Charities Act, whether particular matters have come to my attention.
BASIS OF REPORTING ACCOUNTANTS REPORT
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the 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 I do not express any audit opinion on the view given by the Accounts.
REPORTING ACCOUNTANT'S STATEMENT
In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements
a) To keep accounting records in accordance with Section 41 of the Charities Act 1993; and
b) To prepare Accounts which accord with the accounting records and to comply with the accounting requirements of the Act.
have not been met, or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mr B Baxter
Date: …………………………..
Rishworth Baxter Accountants
26 Cheapside Wakefield WF1 2TF
Page 4
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Statement of Financial Activities
For the Period Ended 31 December 2020
| INCOME AND ENDOWMENTS FROM Donations and legacies Investment income Other income Total income and endowments RESOURCES EXPENDED Raising funds Other resources expended Total resources expended NET INCOMING / OUTGOING RESOURCES |
Unrestricted Funds £ Restricted Funds £ Total Funds £ Prior Year Funds £ Notes 20,449 10,554 31,003 62,462 2 - - - 168 3 14,101 - 14,101 28,443 4 34,550 10,554 45,104 91,073 34,246 443 34,689 62,246 4,949 2,338 7,286 28,848 5 39,194 2,781 41,975 91,094 4,644 - 7,773 3,129 21 - 12,397 7,851 20,248 20,269 7,753 15,624 23,377 20,248 |
|---|---|
| BALANCE AT 1 JANUARY 2020 BALANCE AT 31 DECEMBER 2020 |
Page 5
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Balance Sheet
For the Period Ended 31 December 2020
| CURRENT ASSETS Debtors Cash at bank CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL NET ASSETS INCOME FUNDS Restricted funds Unrestricted funds |
Unrestricted Funds £ Restricted Funds £ 1,035 - 6,718 15,624 |
Total Funds £ Prior Year Funds £ Notes 1,035 1,035 6 22,342 19,213 23,377 20,248 - - 7 23,377 20,248 23,377 20,248 15,624 7,851 7,753 12,397 23,377 20,248 |
|---|---|---|
| 7,753 15,624 |
||
| - - |
||
| 7,753 15,624 |
||
| 7,753 15,624 |
||
These financial statements were approved by the Trustees on ……………...………………… and signed on their behalf by:
…………………………………………………………………………
Rev'd M Dobson
Page 6
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Notes to the accounts
For the Period Ended 31 December 2020
1. ACCOUNTING POLICIES
Basis of Accounting
The accounts have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice, Accounting by Charities, 2000 and the Charities Act 1993.
a) Incoming Resources
Incoming resources are reported as gross.
b) Donations
Donations are credited in full to the financial statements on a cash basis.
c) Grants Receivable
Grants are recognised when receivable. Capital grants are treated as restricted fund income, revenue grants are treated as unrestricted fund income, unless they are for specific projects.
d) Direct Charitable Expenditure and Management and Administration Costs
Direct charitable expenditure comprises all expenditure directly relating to the objects of the charity. When necessary, costs are allocated between direct charitable expenditure and management and administration on an actual basis. Costs are recognised when the liability is incurred.
e) Fixed Assets
Fixed assets are stated at cost or estimated value in use.
f) Funds
Restricted funds represent capital project funds and revenue funds for specific projects.
g) VAT
Irrecoverable VAT is included in expenditure or the cost of assets acquired.
Page 7
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Notes to the Accounts - continued For the Period Ended 31 December 2020
2. INCOME FROM DONATIONS AND LEGACIES
| Unrestricted Funds £ Restricted Funds £ Total Funds £ Prior Year Funds £ Gift aid 4,282 - 4,282 13,367 Gifts and donations 16,168 10,554 26,722 49,095 20,450 10,554 31,004 62,462 3. INVESTMENT INCOME Deposit account interest - - - 168 - - - 168 4. OTHER INCOME Administration and running costs - - - 444 Fees of the PCC - - - 1,203 Fundraising - - - 5,408 Rental income 14,101 - 14,101 21,388 14,101 - 14,101 28,443 5. OTHER EXPENDITURE Administration 4,949 2,338 7,286 28848 4,949 2,338 7,286 28,848 6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 1,035 - 1,035 1035 1,035 - 1,035 1,035 7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors - - - - - - - - |
Unrestricted Funds £ Restricted Funds £ Total Funds £ Prior Year Funds £ 4,282 - 4,282 13,367 16,168 10,554 26,722 49,095 |
|---|---|
| 20,450 10,554 31,004 62,462 |
|
| - - - 168 |
|
| - - - 168 |
|
| - - - 444 - - - 1,203 - - - 5,408 14,101 - 14,101 21,388 |
|
| 14,101 - 14,101 28,443 |
|
| 4,949 2,338 7,286 28848 |
|
| 4,949 2,338 7,286 28,848 |
|
| Other creditors | |
| - - - - |
Page 8
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
| Detailed Statement of Financial Activities (Unrestricted) For the Period Ended 31 December 2020 INCOME AND ENDOWMENTS £ £ Donations and legacies Gift aid 4,282 Gifts and donations 16,168 20,450 Investment income Deposit account interest - - Other income Administration and running costs - Fees of the PCC - Fundraising - Rental income 14,101 14,101 Total incoming resources 34,551 RESOURCES EXPENDED Raising donations and legacies Church restoration and maintenance 13,556 Church running expenses 14,776 Clergy expenses 1,481 Fundraising costs - Mission costs - Quota - Upkeep of services 1,757 Upkeep of the churchyard 2,675 Upkeep of the rectory - 34,245 Other Administration 4,949 Parish room costs - 4,949 Total resources expenses 39,194 NET OUTGOINGS RESOURCES 4,643 - 2020 |
Detailed Statement of Financial Activities (Unrestricted) For the Period Ended 31 December 2020 INCOME AND ENDOWMENTS £ £ Donations and legacies Gift aid 4,282 Gifts and donations 16,168 20,450 Investment income Deposit account interest - - Other income Administration and running costs - Fees of the PCC - Fundraising - Rental income 14,101 14,101 Total incoming resources 34,551 RESOURCES EXPENDED Raising donations and legacies Church restoration and maintenance 13,556 Church running expenses 14,776 Clergy expenses 1,481 Fundraising costs - Mission costs - Quota - Upkeep of services 1,757 Upkeep of the churchyard 2,675 Upkeep of the rectory - 34,245 Other Administration 4,949 Parish room costs - 4,949 Total resources expenses 39,194 NET OUTGOINGS RESOURCES 4,643 - 2020 |
Detailed Statement of Financial Activities (Unrestricted) For the Period Ended 31 December 2020 INCOME AND ENDOWMENTS £ £ Donations and legacies Gift aid 4,282 Gifts and donations 16,168 20,450 Investment income Deposit account interest - - Other income Administration and running costs - Fees of the PCC - Fundraising - Rental income 14,101 14,101 Total incoming resources 34,551 RESOURCES EXPENDED Raising donations and legacies Church restoration and maintenance 13,556 Church running expenses 14,776 Clergy expenses 1,481 Fundraising costs - Mission costs - Quota - Upkeep of services 1,757 Upkeep of the churchyard 2,675 Upkeep of the rectory - 34,245 Other Administration 4,949 Parish room costs - 4,949 Total resources expenses 39,194 NET OUTGOINGS RESOURCES 4,643 - 2020 |
£ £ 13,367 49,095 62,462 168 168 444 1,203 5,408 21,388 28,443 91,073 11,988 15,503 5,114 2,712 12,113 10,000 2,824 1,825 167 62,246 28,630 218 28,848 91,094 21 - 2019 |
£ £ 13,367 49,095 62,462 168 168 444 1,203 5,408 21,388 28,443 91,073 11,988 15,503 5,114 2,712 12,113 10,000 2,824 1,825 167 62,246 28,630 218 28,848 91,094 21 - 2019 |
|---|---|---|---|---|
For the Period Ended 31 December 2020 INCOME AND ENDOWMENTS Donations and legacies Gift aid Gifts and donations Investment income Deposit account interest Other income Administration and running costs Fees of the PCC Fundraising Rental income Total incoming resources RESOURCES EXPENDED Raising donations and legacies Church restoration and maintenance Church running expenses Clergy expenses Fundraising costs Mission costs Quota Upkeep of services Upkeep of the churchyard Upkeep of the rectory Other Administration Parish room costs Total resources expenses NET OUTGOINGS RESOURCES |
||||
| 20,450 | 62,462 | |||
| - | 168 | |||
| - | 168 | |||
| - - - 14,101 |
444 1,203 5,408 21,388 |
|||
| 14,101 | 28,443 | |||
| 34,551 | 91,073 | |||
| 4,643 - |
21 - |
|||
| 34,245 | 62,246 | |||
| 4,949 - |
28,630 218 |
|||
| 4,949 | 28,848 | |||
| 39,194 | 91,094 | |||
This page does not form part of the statutory financial statements Page 9
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
| Detailed Statement of Financial Activities (Restricted) For the Period Ended 31 December 2020 INCOME AND ENDOWMENTS £ £ Donations and legacies Gift aid - Gifts and donations 10,554 10,554 Total incoming resources 10,554 RESOURCES EXPENDED Raising donations and legacies Clergy expenses 87 Mission costs 109 Upkeep of services 248 443 Other Administration 2,338 2,338 Total resources expenses 2,781 NET OUTGOINGS RESOURCES 7,773 TOTAL OUTGOING RESOURCES 3,130 2020 |
Detailed Statement of Financial Activities (Restricted) For the Period Ended 31 December 2020 INCOME AND ENDOWMENTS £ £ Donations and legacies Gift aid - Gifts and donations 10,554 10,554 Total incoming resources 10,554 RESOURCES EXPENDED Raising donations and legacies Clergy expenses 87 Mission costs 109 Upkeep of services 248 443 Other Administration 2,338 2,338 Total resources expenses 2,781 NET OUTGOINGS RESOURCES 7,773 TOTAL OUTGOING RESOURCES 3,130 2020 |
Detailed Statement of Financial Activities (Restricted) For the Period Ended 31 December 2020 INCOME AND ENDOWMENTS £ £ Donations and legacies Gift aid - Gifts and donations 10,554 10,554 Total incoming resources 10,554 RESOURCES EXPENDED Raising donations and legacies Clergy expenses 87 Mission costs 109 Upkeep of services 248 443 Other Administration 2,338 2,338 Total resources expenses 2,781 NET OUTGOINGS RESOURCES 7,773 TOTAL OUTGOING RESOURCES 3,130 2020 |
£ | £ - - - - - - - - - 21 - 2019 |
£ - - - - - - - - - 21 - 2019 |
|---|---|---|---|---|---|
For the Period Ended 31 December 2020 INCOME AND ENDOWMENTS Donations and legacies Gift aid Gifts and donations Total incoming resources RESOURCES EXPENDED Raising donations and legacies Clergy expenses Mission costs Upkeep of services Other Administration Total resources expenses NET OUTGOINGS RESOURCES TOTAL OUTGOING RESOURCES |
|||||
| - - |
|||||
| 10,554 | - | ||||
| 10,554 | - | ||||
| 7,773 3,130 |
- 21 - |
||||
| 443 | - | ||||
| 2,338 | |||||
| 2,338 | |||||
| 2,781 | - | ||||
This page does not form part of the statutory financial statements Page 10