| Page | |||||
|---|---|---|---|---|---|
| General Information | I | ||||
| Statement of | PCC's responsibilities | II | |||
| Independent | Examiner's | Report | III | ||
| Statement of | Financial | Activities (SOFA) |
IV | ||
| Balance Sheet | V | ||||
| Notes to the Accounts | |||||
| Note 1 |
Accounting Policies |
VI | |||
| Note 2 | Incoming Resources |
Vll | |||
| Note 3 | Resources Expended | VI I I | |||
| Note 4 | Clergy Costs | IX | |||
| Note 5 | Church Running Expenses |
Ix | |||
| Note 6 | Church Repairs and Improvements | IX | |||
| Note 7 | Upkeep of Churchyard | IX | |||
| Note 8 | Community Centre Income & Expenditure |
X | |||
| Note 9 | Church Management 8 Adminstration |
XI | |||
| Note 10 | Grants Paid | XI | |||
| Note 11 | Fund Raising Activities | & Events | XI | ||
| Note 12 | Special Efforts | XI | |||
| Note 13 | Tangible Assets and Depreciation | XII | |||
| Note 14 | Debtors | XII | |||
| Note 15 | Investments | XIII | |||
| Note 16 | Cash at Bank | XIII | |||
| Notes 17 | and 18 | Creditors | XIV | ||
| Note 19 | Movements in Restricted Funds |
XV | |||
| The following | note is included for clarity but does not |
form part ofthe Annual | Accounts | ||
| Note 20 | Continuing Operations |
Report | XVi |
| Statement of Financial Activities | Statement of Financial Activities | Statement of Financial Activities | Statement of Financial Activities | Statement of Financial Activities | Statement of Financial Activities | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| For the year ended 31 'I'!6 «:.. u e " ' I%+ ' . ' il ca "xx' '"": evoke! .M~xw |
December 2020 6!:,'!Ir MIP-'' ""'-~%'0' rsldux !, ' ix":""i 'w@J!xxus '~' -'a'xc '— ' |
'4 ~ " ' ' " " xr"' ":" '.', ~ssi |
wl „',30~@A',',„',~kv~taw&at&RX~WC! "i6!8::;t'l~ / I aA~ Unrestricted Restricted Total ro/a/ Note Funds Funds 2020 20/9 Additional information ivÃ)"!«%ca iuMa'!xnxuMrwfcta'* '!!&Utliiuss, "iuwv&imwxvxxvsus'""1o~&exxw |
||||||||
| A Incoming Resources | |||||||||||
| A1 incoming resources from generated | funds A1a Voluntary income A1b Activities for generating funds A1cInvestment income |
2a 2b 2c |
166810 | 13494 3333 783 |
180304 3333 783 |
fSaasr lasso f258 |
|||||
| A2 Incoming resources from charitable | activities | 2d | 9733 | 11948 | 21681 | 42857 | |||||
| A3 Other incoming resources |
2e | 6850 | 26447 | 33297 | 54SSS | ||||||
| Total incoming u:os ":!'.""' ' v. '!. i,:.';" |
resources '"4"xi'"'. |
'"".' | '": i | 183393 xc4-".4m..i' .L |
56005 "'"K'%'wxvKi |
239398 sossas i'vQ'"-'cioMM ""Era |
|||||
| BResources Expended B1Costs ofgenerating funds |
81aCosts ofgenerating voluntary income B1bFundraising trading: cost of |
3a 3b |
76 56 |
0 0 |
76 56 |
74 1357 |
|||||
| goods sold and other costs B1cInvestment management costs |
3c | 0 | o | ||||||||
| B2Charitable activities B3Governance costs 84 Other resources expended |
3d 3e 3f |
113118 0 0 |
108468 0 0 |
221586 0 0 |
432/79 0 9700 |
||||||
| Total resources | expended | 113250 | 108468 | 221718 | 4433fo | ||||||
| Net incomingloutgoing resources before |
transfers | 70143 | -52463 | 17680 | -133954 | ||||||
| C Transfers | Gross transfers between funds Net Incoming/outgoing resources |
19 | -16625 | 34305 | 0 17680 |
o -133964 |
|||||
| before other recognised gains and losses |
|||||||||||
| D Other recognised gains/losses D1 Gains on revaluation offixed assets |
for | 0 | 0 | 0 | |||||||
| lhe charity's own use |
|||||||||||
| D2 Gains/losses on investment assets |
15 | 0 | 1245 | 1245 | 4054 | ||||||
| D3Actuarial gains/losses on defined |
0 | 0 | 0 | 0 | |||||||
| benefit pension schemes | |||||||||||
| Total of recognised | gains/losses | 0 | 1245 | 1245 | 4054 | ||||||
| Net movement in funds |
-16625 | 35550 | 18925 | -rrssao | |||||||
| EReconciliation ofFunds |
Total funds brought forward | 19 | 124012 | 903150 | 1027172 | ||||||
| Total funds carried | forward | 19 | 107387 | 938710 | 1046097 |
| For the year ended 31 December 2020 | |
|---|---|
| 1 Accounting Policies |
|
| 1.1 Basis of Financial Statements The financial statements have been prepared under ihe Church Accounting Regulations 2008 in accordance with applicable accounting standards and the current Statement ofRecommended Practice, Accounling and Reporting by Chadities and applicable accounting standard FRS102. |
|
| The financial statements have been prepared under the historical cost convention except for investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the financial statsmenis ofchurch groups that owe their main affiliation to another body or those that are informal gatherings of church members, |
|
| 1.2 Fund Accounting | |
| Endowment Funds Christ Church Higher Bebington PCC does not benefit from any endowment funds and so there is no reference to such funds in these accounts. |
|
| Restricted Funds | |
| Restricted funds comprise revenue donations or grants for a specific PCC activity intended by the donor. |
|
| Unrestricted Funds |
|
| Unrestricted funds are income funds that are to be spent on the PCC's general purposes. |
|
| Designated Funds Christ Church Higher Bebington PCC has no funds which are designated and thus no such information will be found in these accounts. |
|
| 1.3Incoming Resources Planned giving, collections and similar donations are recognised when received. Tax refunds ars recognised when the incoming resource to they relate is received. Grants and legacies are accounted for when the PCC is entitled to the use of the resources, their ultimate receipt is considered reasonably certain and the amounts due are readily quantifiable. Dividends are accounted for when declared receivable; interest |
which as and |
| when accrued by the payer. All incoming resources ars accounted for gross. |
|
| 1.4 Resources Expended Grants and donations ars accounted for when paid over or when awarded ifthat award creates a binding or constructive obligation on the PCC. The diocesan parish share expected to be paid over is accounted for when due. All other expenditure is generally recognised when it is incurred and is |
|
| accounted for gross. | |
| 1.5 Fixed Assets Consecrated and benefice property is not included in the accounts in accordance with s.10(2)(a)and (c) ofthe Charities Act 2011, |
|
| Movable church furnishings held by ths vicar and churchwardens on special trust for the PCC and which require a Faculty for disposal are inalienable property and are listed in the church's inventory which can be inspected at any reasonable time, For anything acquired prior to2000 there is insufficient cost information available and therefore such assets are not valued in the financial staements. |
|
| Tangible fixed assets for use by the charity ars capitalised if they can be used for more ihan ons year and cost at least ft,000.They ars valued at cost or else, for gifts-in-kind, at a reasonable estimate of their open market value on receipt. |
|
| Depreciation is calculated to writs off the capitalised cost of fixed assets less their currently anticipated residual fair value over their estimated |
useful |
| lives as follows: | |
| Land Nil |
|
| Buildings 50years |
|
| Buildings (wooden) 8years |
|
| Office equipment 4 years |
|
| Garden equipment 2 years |
|
| 1.6 Investments and short-term deposits Investments quoted on a recognised stock exchange, orwhose value derives from them, are valued at market value at the year-end. |
| 3Resources Expended 'rd-..:»(x n it «~..;.:.1u str . . ML 4Ji nts»rir ni«-": cr'n ' ' "~.. ':"4 |
~kE.'»«(':.. $l» ':-';."'''70-':/i':.*«u«i~'!;.,ex! « 2020 2020 2020 roars |
~kE.'»«(':.. $l» ':-';."'''70-':/i':.*«u«i~'!;.,ex! « 2020 2020 2020 roars |
~kE.'»«(':.. $l» ':-';."'''70-':/i':.*«u«i~'!;.,ex! « 2020 2020 2020 roars |
.';!0»t«wki Ga Iu&~ei «iu3btjftLvi. "... 2019 Additional |
.';!0»t«wki Ga Iu&~ei «iu3btjftLvi. "... 2019 Additional |
|---|---|---|---|---|---|
| Note :«4»i «:p«~Fl ";dvrui seed .azar! !.4 win!rau ii:»i«i cKi 9':;. '"".'.' |
Unresiricted Restricted Total Total Information «n r'«»iaicnf ' a«ne'«0 acc .iri t»w'«uKVB«rm wR~~»" KJ. i«sr' .; " ' rxe&wAMUm |
||||
| a) Costs ofgenerating voluntary Income |
75 | 75 | 74 Pledge Envelopes | ||
| b) Fundraislng costs: cost ofgoods sold, prizes etc |
57 | 57 | 1357 | ||
| c) Investment management costs |
0 | 0 | |||
| d) Charitable activities |
|||||
| 0 Act/vtges d/recVy reletlng to the work olthe Church Church - running expenses Churchyard upkeep Community Centre running costs Church - repairs, maintenance and improvements Magazine production Ministry: clergy costs Ministry: Parish Share - Chester Diocese Organist and choir Outreach/Young people sub-lola/ |
(i) 5 7 &b 6 |
15178 5305 0 45 17007 67624 1530 2792 109481 |
0 38403 42027 80430 15178 5305 38403 42027 45 17007 67624 1530 2792 189911 |
14869 7360 42616 235424 60 18007 includes secretarial support 65975 Paid to Chester Diocesan Board of Finance 4693 3992 392996 |
|
| ll) Church menegement 6admlnlslratlon supporting the ehove Office costs and miscellaneous expenses |
7422 | 0 7422 |
9427 | ||
| Capital expendiiure and depreciation Depreciation charge sub-/alai |
(ii) 13 |
7422 | 23048 23048 2304& 30470 |
24550 33977 |
|
| Vl) Grants to chsr/tehle orgenlsetlons |
10 | 25 | 1180 1205 |
5206 | |
| Total Charitable activities |
116928 | 104658 2215&6 |
432179 | ||
| e) Governance costs (Audit charges) |
0 | 0 | |||
| f) Other resources expended Outings Total Other Resources Expended |
0 0 |
0 0 0 0 |
9700 9700 |
||
| .ccis z«iasr Jurlz«eca ai«,,-:ri:"«;-ci"'.9,„'."4 «»z!«40', .'.,' "rcuxM Total Resources Expended |
aaz«'ew«« x' 117060 |
'i»si"; .«xt«nxr.""z«v«r' irz~~- 'JicaxKmeftxsaz r«04sc zcrtm 104658 221718 443310 |
tar'a«»ca'a". :.r»su='" «rr!L'.: | ||
| Transactions with related arties that re ulre disclosure During 2020,the wife af a member ofthe PCC (Mark Gleave) was employed as a part time Parish Secretary on ajob share basis. The contract ofemployment has been in place for some years and allows for the PCC orthe employee to give one month's notice. The total salary paid to Mrs Victoria LGleave during 2019 |
|||||
| was: 5&514.Employee benefits: nil. | |||||
| Also during 2020, the wife of the chairman ofthe PCC (Revd Michael G Loach) was employed as the Community allows for the PCC or the employee to give one month's notice. The totalsalary paid to Mrs Sarah L Loach during |
Centre Supervisor. The contract ofemployment 2020was: 55300.Employee benefits: nil |
| 2020 | 2020 | 2019 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Office costs | 2621 | 7059 | |||||||||||||
| Stationery Miscellaneous |
356 4444 |
593 1775 |
Includes 52020 for defibrilletor, | offset by erent 8I970;eee Note 2e | |||||||||||
| Total | 7421 | 9427 | |||||||||||||
| 10Grants Paid | |||||||||||||||
| 2020 | 2020 | 2020 | 2019 | ||||||||||||
| Unrestricted | Restricted | Total | tofe/ | ||||||||||||
| a) Local charities Friends of Chester |
Cathedral | 25 | 25 | 25 | |||||||||||
| Charles Thompson | Mission, | Birkenhead | 0 | 0 | 10 | ||||||||||
| Forum Housing Association, | Birkenhead | 250 | 250 | 505 | |||||||||||
| Teams4u, Wrexham |
0 | 0 | 100 | ||||||||||||
| Thomas Robinson Charity, |
Higher Bebington | 0 | 0 | 450 | |||||||||||
| Therapy Dogs |
0 | 0 | 2300 | ||||||||||||
| b) National charities Church of England |
Children's | Society (CECS) | 300 | 300 | 375 | Christingle | |||||||||
| Mary's Meals | 300 | 300 | 0 | ||||||||||||
| Royal British Legion, | Higher | Bebington | 230 | 230 | 250 | ||||||||||
| c) Overseas charities Bamabas Fund |
0 | 0 | 200 | ||||||||||||
| CMS | 0 | 0 | 1540 | ||||||||||||
| Christian Aid |
100 | 100 | 841 | ||||||||||||
| Total grants | paid | 25 | 1180 | 1205 | 6596 | ||||||||||
| 11 Fund-raising | activities | &events | supporting | the Community | Centre and | Services provided | |||||||||
| 2020 | 2020 | 2019 | |||||||||||||
| Unrestricted | Restricted | Restricted | |||||||||||||
| 100Club | 1173 | 1290 | |||||||||||||
| Sales of.cakes, piss | and preserves | 240 | 658 | ||||||||||||
| Summer Fair |
0 | 2802 | |||||||||||||
| Total Fund Raising | 1413 | 4750 | |||||||||||||
| 12Special Efforts Income "u |
1 | '3 | |||||||||||||
| 2020 | 2019 | ||||||||||||||
| Restricted | Restricted | ||||||||||||||
| Bamabas Fund |
0 | 88 | |||||||||||||
| Charles Thompson Mission, |
Birkenhead | 0 | 181 | ||||||||||||
| Christian Aid |
100 | 901 | |||||||||||||
| Christingle iCECS) Forum Housing Association, |
Birkenhead | 268 0 |
371 503 |
||||||||||||
| Mary's Meals | 278 | 0 | |||||||||||||
| Rose Queen | 1054 | 5555 | |||||||||||||
| Royal British Legion, Higher Bebington St John's Hospice, Clatterbridge |
221 0 |
12 60 |
|||||||||||||
| i'../c'"':.~::.""-3''. -'. | Total X'u:t |
Special Efforts r '':,.'. " ft" |
""",'. : | 1921 7671 .:.i'-';/:::.' ";,;-'..". ' |
"; " | !' | ',: . ,;:,"-'.:.' ='.".'.::i:...". .", " '; |
| 5Investments | |||||||
|---|---|---|---|---|---|---|---|
| Movements in the year: |
|||||||
| Market value at 1 January 2020 Add: Additions to investments |
at cost | 18106 0 |
|||||
| Less: Disposals at carrying value Add: gains on revaluation |
0 1245 |
||||||
| Market value at 31 December | 2020 | 19351 | |||||
| Details ofholdings | Price | Va/ue | Gain | ||||
| Holding | per Share | Value al |
on | ||||
| 31 Dec 2020 31 Dec 2020 31 Dec 2020 31Dec2019 n~" 6 "9'7x 7'..pas'&R c~~ i'=""="pFvr ";:-RUs'2wa' =""'&'=""' """"-x~:-"'":"'~' 3~~'"".'"."'p''rr~~~v '. ~- CBFChurch ofEngland Investment Fund - Income Shares |
Revaluation | ||||||
| Fabric Fund Ref609146001S |
844.52 | 2048.73 | 17302 | 18189 | 1113 | ||
| Churchyard Fund Ref609146002S |
100.00 | 2048.73 | 2049 | 1917 | 132 | ||
| Total | 19351 | fsfos | 1245 |
| Cash at Bank | ||||||
|---|---|---|---|---|---|---|
| Account Number | 31 Dec 2020 | 31Dec 2018 | ||||
| Current Accounts - HSBC | ||||||
| PCC General Account | 31189 | 39819 | ||||
| Community Centre Operations Planned Giving Account 100Club Account |
Account | 4239 860 318 |
9347 837 245 |
|||
| sub-total | 36606 | soo48 | ||||
| Capital Accounts Fabric Reserve Account - HSBC |
51070916 | 60376 | 18331 | |||
| Fabric Reserve CBF | 60914001D | 45987 | 45309 | |||
| sub-total: | Fabric | Fund | 106363 | 81848 | ||
| Community Centre Capital Account- HSBC Community Centre CBF |
71059998 60914002D |
6373 7414 |
4587 7382 |
|||
| sub-total: Community |
Centre | 13787 | 11988 | |||
| Total | 156756 | 128887 | ||||
| CBF = Church of England Central Board of Finance |
| Movements | in r | estricted | funds durin | g 2020 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Bal b/fwd | Revaluation | Bal c/fwd | ||||||||
| 1 Jan 2020 | Income | Expenditure | of Assets | Transfers | 31 Dec 2020 | |||||
| Fabric Fund | 16189 | 6250 | 42027 | 1113 | 35527 | 17052 | ||||
| Churchyard | 8158 | 57 | 10653 | 132 | 15008 | 12702 | ||||
| Community | Centre | 876211 | 41527 | 63991 | 45616 | 899363 | ||||
| Fund for St | Paul's | Project | 6250 | 6250 | ||||||
| Special charitable | efforts | 2602 | 1921 | 1180 | 3343 | |||||
| Total | Restricted | Funds | 903160 | 56005 | 117851 | 1245 | 96151 | 938710 | ||
| Unrestricted | Funds | 124012 | 177393 | 103867 | 0 | -90151 | 107387 | |||
| Total PCC | Funds | 1027172 | 233398 | 221718 | 1245 | 0 | 1046097 |
| Deane | S nod —Parochial | re resentatives | re resentatives | re resentatives | ofthe lait | ofthe lait | 2020 —2023 | 2020 —2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Ms Helen Byrne | |||||||||
| Mrs Rhona Snelson | |||||||||
| Mr John Theobald | |||||||||
| Sub-total: 8 | |||||||||
| Elected | re resentatives ofthe lait |
||||||||
| Terry Cunningham | (Co-opted on 4 | November | 2020) | ||||||
| Jane Dalziel —Secretary | (re-appointed | on 4 November | 2020) | ||||||
| Nydia Gibson | |||||||||
| Mark Gleave | |||||||||
| Alan Jackson | |||||||||
| Karen Lewis (Co-opted on 4 November | 2020) | ||||||||
| Kate Lewis (Co-opted on | 4 November 2020) | ||||||||
| Barbara Mayers | |||||||||
| Victoria Midg Icy (Co-opted on | 13January 2021) | ||||||||
| lan Millington —Lay | Vice-Chairman | (re-appointed | on 4 | November 2020) | |||||
| Tracy Evans | |||||||||
| Paul Price | |||||||||
| Charles Van Ingen | —Treasurer | (re-appointed | on | 4 November 2020) | |||||
| Grand total: 21 |
| De | u | Churchwardens | |||||
|---|---|---|---|---|---|---|---|
| At the | APCM held on 4 October 2020, the following | people were | appointed | Deputy | |||
| Churchwardens: | |||||||
| Alan Jackson | |||||||
| Rhona Snelson | |||||||
| Diane Shaw | |||||||
| Sides | eo le for 2020 —2021 a | ointed at the PCC meetin | held on 4 | November | 2020 | ||
| Alan Abbott | |||||||
| Liz Bird | |||||||
| Gail Boisson | |||||||
| John Boisson | |||||||
| Terry Cunningham | |||||||
| Rob Evans | |||||||
| Tracy Evans | |||||||
| Derek Fogg | |||||||
| June Fogg | |||||||
| Nye Gibson | |||||||
| Graham Loach |
|||||||
| Jill Loach | |||||||
| Barbara Mayers | |||||||
| Fiona Murphy | |||||||
| Beverley Price | |||||||
| Judith Renton | |||||||
| Joan Rippon | |||||||
| Diane Shaw | |||||||
| Mike Thorne | |||||||
| Janet Wallace | |||||||
| Jim Wallace | |||||||
| Linda White | |||||||
| Helen Young |