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2020-12-31-accounts

Holy Trinity Church, Heigham, Norwich

Annual Report

of the

Parochial Church Council

for the year ended 31st December 2020

Contents Contents
Annual Report of the Parochial Church Council for 2020
2
PCC Membership
2
Electoral Roll
3
Average Sunday attendance
3
Public Benefit Aims of the PCC
4
Review of Progress and Achievements
4
Our vision
4
Our staff
5
Finance
6
Other matters
6
Vision for 2021
7
Communication
7
Finance Review
8
Income in 2020
8
Expenditure in 2020
8
Funds and Reserves
9
Outlook for 2021 and beyond
10
Risk
11
Safeguarding – Child Protection and Vulnerable Adults
11
Financial
11
Legislative
11
Reputational
11
Bankers and Accountants
12
Fabric Report for 2020
13
Safeguarding Report for 2020
15
South Deanery Synod Report for 2020
16
APCM 2020
18
Minutes of the Annual Vestry Meeting and Annual Parochial
Church Meeting held via Zoom on Wednesday 22ndOctober 2020
18

The Financial Statements of the Parochial Church Council for 2020 appear in a separate document. They may be downloaded from our website or ask at the Church Office for a copy.

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HOLY TRINITY CHURCH

HEIGHAM, NORWICH

110A Trinity Street, Norwich NR2 2BJ

Annual Report of the Parochial Church Council for 2020

PCC Membership

Members of the PCC are either ex officio, elected by the Annual Parochial Church Meeting (APCM) or co-opted by the PCC to fill vacancies in accordance with the provision of the Constitution of the church. During the year the following served as members of the PCC:

Ex Officio:

Ex Officio:
Revd Dr Richard James Rector
Revd James Pinto Curate
Officers:
Mr Dave Appleton Treasurer
Mrs Louise Cumberland Secretary
Elected:
Mr Andy Gray Churchwarden Elected at APCM 2020
(Elected Member term expired at APCM 2020)
Mr Bill Myall Churchwarden Elected at APCM 2020
Mrs Sandra Isaac Churchwarden until APCM 2020,
Deanery Synod – re-elected at APCM 2020
Mr Lewis Jarrett Churchwarden until APCM 2020
Mr Jason Wilson Deanery Synod – re-elected at APCM 2020
Mr Nigel Parfitt Lay Reader term expired at November 2020
Mrs Margaret Gray Lay Reader Elected November 2020
(Deanery Synod Elected January 2021)
Mr Dave Appleton Term expired at APCM 2020
Mrs Gill Hulme Term expired at APCM 2020
Ms Alison Vinall Term expired at APCM 2020
Mrs Barbara Drake Elected at APCM 2018
Mr Simon Elphick Elected at APCM 2018
Mrs Catherine Spokes Elected at APCM 2018
Mrs Vicki Hibbins Elected at APCM 2018
Mr Peter Gosling Elected at APCM 2019
Mr Alex Russell Elected at APCM 2019
Mr Rob Canniffe Elected at APCM 2019

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Ms Michele Curtis Elected at APCM 2019 Mr Phil Courtier Elected at APCM 2020 Mrs Sumudu Edwards Elected at APCM 2020 Ms Rosamund O’Donnell Elected at APCM 2020, Deanery Synod elected APCM 2020

Electoral Roll

Membership at APCM October 2020: 242.

This represents a net increase of 8 since April 2019. The Roll was re-created from scratch in 2019 and will be re-created from scratch again in 2025.

Average Sunday Attendance (Adults)

Service Average attendance in
October 2020 (adults)		 Average attendance in
2020 (full year: adults)		 Average attendance in
October 2019 (adults)
9.30 am 141* (up to 8thMarch) 141*
10.00 am 64† 62†(from 4thOctober)
11.15 am 32 (up to 8thMarch) 41
6.30 pm 68† 72 (up to 8thMarch)
60†(from 9thJuly)		 76

*including 10 children’s/youth leaders † Limited in-person congregations due to Covid restrictions

In-person services were stopped in March 2020 as a result of the Covid-19 pandemic, however services continued to take place and were livestreamed and broadcast via YouTube. Children’s and youth groups alongside services were also stopped in person but continued online. In-person services resumed in July (evening only) and October (morning and evening) but with restricted numbers attending in person. There were no in-person services for four weeks in November during a second national lockdown but the morning and evening services resumed in December for restricted numbers of in-person attendees. Services continued to be livestreamed and participated in via YouTube throughout these periods.

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Public Benefit Aims of the PCC

The PCC (Powers) Measures 1956 states that the aims of the PCC ‘shall include cooperation with the clergy in promoting in the parish the whole mission of the church, pastoral, evangelistic, social and ecumenical’. Our mission as a church is to enable as many as possible to be drawn into the community of the parish church as worshippers of the Lord Jesus Christ. Our cooperation in this endeavour can be summarised in two objectives:

At the beginning of 2019 the PCC reviewed and affirmed our vision to “Refresh our Welcome”, “Raise and Resource Discipleship” and “Release the Gospel across our Community and City”.

Review of progress and achievements

Our vision

In support of our threefold vision, during the year the PCC has:

4

Our staff

During the year the PCC has:

5

Finance

During the year the PCC has:

Other matters

During the year the PCC has:

6

Vision for 2021

We aim to continue our vision to make disciples who make disciples, based upon the Great Commission of Matthew 28:16-20. To that end we continue to focus upon three priorities with a small number of key goals within each:

REINFORCE OUR WELCOME

RAISE AND RESOURCE DISCIPLES

REACH OUR COMMUNITY AND CITY

Communication

During the year the PCC has sought to communicate our work to the wider church. This can be by speaking to the congregation at services or by regular reports via our church email newsletter. Approved minutes are available to view in our church building.

PCC is grateful to our secretary Louise Cumberland and our treasurer Dave Appleton for all the work they do to make much of the above possible. Also to Sandra Isaac and Lewis Jarrett, (Churchwardens to APCM 2020), Andy Gray and Bill Myall (Churchwardens from APCM 2020), Alison Vinall (Assistant Warden and Deputy Chair to APCM 2020) and Phil Courtier (Deputy Chair from APCM 2020).

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Financial Review

The PCC is a charity and has been registered with the Charity Commission since 2009. This is in compliance with the Charities Act 2011, which specifies that a PCC with an annual income in excess of £100,000 must register. Our charity number is 1132477.

Volunteers who give their time and resources enable a large number of activities to be run by the church. It is not possible to quantify the extent of this help, but without it the church could not continue its work.

Income in 2020

The majority of the church’s income (96%) comprised gifts received from its members and attendees and associated Gift Aid (recoverable tax). Other income comprised of rental of 26 Trinity Street and other sundry income. The total income for the year was £344,581, the breakdown of which is shown in the following pie-chart:

As in other years, the PCC wish to express their gratitude to those who give generously towards the work of the church. In part due to the Covid-19 pandemic, giving decreased during 2020, however following an appeal in October 2020 it started to rise again. By the end of the year the total amount of regular giving in 2020 remained lower than in 2019 but due to some one-off gifts the total giving figure for 2020 finished 6% higher than in 2019.

Other income fell from £18,290 in 2019 to £15,024 in 2020, for a range of reasons many of which were associated with the pandemic (reduction in hall hire and car park permit usage and fewer weddings and funerals in church).

Expenditure in 2020

The church’s expenditure was £361,703, a 16% increase compared to 2019 (£312,434). The increase was mostly attributable to increased staffing costs including the employment of two new Youth and Children Workers. Another factor was the adoption of the Jenny Lind

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project including associated room rental costs and the employment of Gemma Stapleford – these begun in August 2019 so 2020 was the first year bearing the full year costs. The church’s expenditure reflects responsibilities in the parish, the diocese, and both nationally and internationally, and breaks down as follows:

Although there is no legal liability on the PCC to pay the Diocesan Parish Share, the PCC is aware of its responsibilities in relation to the financial position within the diocese. Our staff costs do not include the cost of our Rector or Curate. Both have their stipends paid by the diocese and therefore their costs should be set against the Parish Share. The diocese also owns and maintains The Rectory and the Curate’s house, and owns the church building. The Parish Share also supports mission and evangelism across the wider diocese covering Norfolk and Waveney. In 2020 the PCC paid £90,000 for the year, the amount set by the diocese at the start of the year (the same as in 2019).

Funds and Reserves

The church has the following restricted fund (that is, fund that the PCC is not free to spend however it pleases): the Bransby legacy endowment fund (£31,991).

Unrestricted funds include the value of our property as well as money in the bank. The church owns 26 Trinity Street, which provides a potential mixture of rental income and capital growth. The valuation of this property is currently set at £430,000.

At the end of 2020, the church had unrestricted funds of £717,340 including the £430,000 attributed to 26 Trinity Street. Other unrestricted funds included a Jenny Lind project fund (£98,299), a fabric fund (£101,042), a training fund (£10,828) and tangible fixed assets reserve (essentially property that could be sold to release finances) of £16,348.

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The remainder of our funds, our general reserves, are essentially the money the PCC has that is free to spend. Each year the PCC reviews its Reserves Policy and in January 2021 it reviewed it keeping the levels the same but adjusting the wording to:

‘Reserves’ are the financial resources the PCC has available to spend for the church’s purposes once it has met its commitments and covered its planned expenditure. They are those funds that are free to be spent – i.e. they are not restricted or designated for specific purposes, nor held in an endowment fund, nor invested in fixed assets.

We need reserves because not all our income comes in at the same rate as we spend it, and to enable us to continue meeting our commitments if our income is lower than we expect or if our expenditure is higher than we expect.

The PCC’s policy is to maintain reserves of £60,000 which takes account of the following:

In addition to its reserves and the Fabric Fund, the PCC holds a Training Fund designated to cover the costs over 3 years of training a Children's Worker and a Jenny Lind project fund to cover the cover the costs of progressing our ministry in the North East of the parish.

The PCC undertakes to review this reserves policy on an annual basis.

At the end of 2020 our General Reserves stood at £60,823, very close to the level in the policy.

Outlook for 2021 and beyond

Prior to October 2020 the financial outlook for 2021 looked concerning. Giving had gone down, partly as a result of the pandemic and especially because we had been unable to hold the usual appeal during the spring. Spend had gone up as a result of the successful recruitment of two Youth and Children Workers. With all other things being equal, the increased salary costs and the decreased income pointed to a deficit of £83,000 – a situation that we could not afford.

We are hugely grateful to God and to our church members for responding positively to this situation. Increases in regular giving amount to over £50,000 a year (after factoring in Gift Aid) which goes a long way towards closing this gap.

That still leaves a gap, and there is more work that we would like to do if funds permit, so we are therefore seeking further increases in regular giving in 2021 in order to continue resourcing our vision throughout this year and beyond.

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Risk

Safeguarding - Child Protection and Vulnerable Adults

The PCC has a formal policy statement and an appointed Safeguarding Officer. The policy is reviewed annually by the PCC. A copy of the policy is displayed in the Church and the Safeguarding Officer provides a copy to all those involved in youth and children’s work and is responsible for monitoring compliance with that policy. A full safeguarding report appears later in this document.

Financial

At the end of 2020, the PCC’s free reserves had risen to £60,823, very close to the level set in its Reserves Policy (see above). There are designated funds totalling £210,170 which, although set aside for particular purposes, are not legally restricted.

However, whilst this may appear to be a healthy financial situation, the balances and the current level of income are insufficient to sustain the level of expenditure that is required to deliver our vision in the longer term. PCC set an ambitious budget for 2021 in order to be able to deliver our existing activities, but without further increases in giving this will leave us with a deficit.

The church accounts are reconciled monthly and any significant variance from the budget is investigated. The accounts are subject to an annual assurance review in accordance with the Charities Act 2011 and the Church Accounting Regulations 2006, together with the Charities Statement of Recommended Practice 2005.

Legislative

These include health and safety, disability and other discrimination and data protection. The PCC has reviewed the legislative requirements in these areas. It is aware of a number of health and safety issues that need to be resolved, and is taking steps to address these.

Reputational

The PCC is aware of the church’s activities (and those of its members) and has sought to conform to the highest standards associated with a religious organisation. Whilst there is no formal process of review over the many activities undertaken, the PCC is prepared to investigate any concerns that come to its attention or are reported to it by members of the congregation or by outside parties.

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Bankers and Accountants

Bankers: Barclays Bank plc of 5/7 Red Lion Street, Norwich and The Cooperative Bank plc of 69 London St, Norwich.

Accountants: Aston Shaw, Chartered Certified Accountants, Union Building, 51-59 Rose Lane, Norwich, Norfolk, NR1 1BY

Approved by The Parochial Church Council on 15[th] April 2021 and signed on its behalf by:

.................................................................... Richard James, Chairman

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Holy Trinity Church, Norwich - Fabric Report for 2020

The Church

The church is Victorian and dates from 1859-61 to the design of William Smith of London to serve the housing developments then being proposed on the outskirts of South Heigham. It is a Grade II listed building which is owned by the Diocese but occupied by the PCC, who are responsible for its care and maintenance.

A 5-yearly professional inspection of the church building (Quinquennial Review) is required by the Diocese, to identify work recommended for the PCC to maintain the structure of the building. The most recent Quinquennial Review was undertaken in July 2017. In summary this noted that the property is well cared for and maintained and the shrubs and trees within the churchyard kept well-trimmed. The report recommended various works costing approximately £20,000 per year over the next four years (2018 – 2021), in addition to routine maintenance works.

During 2020 we have incurred the following expenditure on the church building and equipment:

Some residual Quinquennial work previously identified for 2020 has been deferred until 2021. The Fabric Group will be reviewing and prioritising relevant projects so as to reflect the 2021 budget agreed by the PCC.

Throughout the year there are small items of work that crop up and need tackling, so it is not an exact science knowing how much to budget for repairs and maintenance, albeit much of the on-going repair work is carried out in-house. This is a good place to say a huge ‘Thank you’ to Nic (our Maintenance Worker) and Hesam (our Caretaker/Cleaner), and to also acknowledge the assistance provided by many others during the year.

The Church Hall, Cambridge Street

The church hall was most recently renovated in 2014, providing an accessible fire exit, emergency signage, large walk-in lockable storage cupboards, new children’s toilet area and baby changing facilities.

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During 2020 we undertook the following projects:

Works being considered for future years include renovation of the internal doors and upgrade of the kitchen.

26 Trinity Street

This terraced house has been owned by Holy Trinity for many years. It sits on the left side of the passage that leads through to the church hall. We have space for up to three tenants, intended to provide a good home for Christians moving into the area and which also provides a useful income stream that helps fund the church activities. We are grateful to Nigel Chapman for managing this property for the church.

During 2020 the following work was completed:

The next task is to renovate the upstairs bathroom, and we are likely to commence this in summer 2021.

Other properties

The PCC has in recent years also taken forward specific outreach work centred in the Jenny Lind area, and as part of this vision we occupy the Jenny Lind Room which is strategically placed on Vauxhall Street, and a nearby garage that we use for storage. Our expenditure on these properties for 2020 comprises rent (£6,048), maintenance (£313) and utilities (£1,254). We propose to upgrade the kitchen facilities and we are grateful to Peter Gosling for having led on this project over the last year.

As a PCC we are not responsible for the Rectory or the Curate’s accommodation. However we are mindful of the needs of the Rector and Curate and their families, and are happy to contribute towards the upkeep and furniture where appropriate. During 2020 we contributed £4,400 towards the refurbishment of these properties.

Fabric Group

The Fabric Group was established by the PCC during 2017 to coordinate and lead the maintenance and development of our properties. This comprises one of the Churchwardens, the Maintenance Worker and 2-3 others, at least one of whom should be a member of the PCC. The Rector is a standing member.

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The Fabric Group currently comprises Mike Bach (Chair), Bill Myall (Churchwarden), Nic Carver (Maintenance Worker), Margarete Cuffley (Church Manager), and Carole James. Richard James (Rector) is a standing member – copied in on our papers and welcome to attend Fabric Group meetings. The papers are also copied to Nigel Chapman who is welcome to attend the Fabric Group meetings as required.

Bill Myall – Churchwarden

Mike Bach – Chair of Fabric Group

29 March 2021

Safeguarding Report for 2020

This is the Safeguarding report for the twelve months to December 31st 2020.

Holy Trinity has adopted the Parish Safeguarding Handbook 2018 with some minor amendments as agreed by the PCC primarily regarding training due to the continued lack of available training in some areas.

The Diocese introduced the online Parish Safeguarding Dashboard which is has been completed and is kept up to date. This dashboard is visible to the Diocese as a check on compliance with safeguarding issues.

The dashboard shows the following outstanding items: -

The Safer Recruitment procedure as contained in the Parish Safeguarding Handbook 2018 is now in force. The additional safeguards (application form, interview has been held and two references) in place means that recruitment of volunteers will take longer. It is not possible to recruit new, unchecked, or trained, volunteers at short notice. I can confirm that this procedure is followed, and that DBS checks and training are undertaken where I have been informed of new leaders or helpers.

The PCC has confirmed that it takes “due regard” of the House of Bishops’ Safeguarding Policy and Practice Guidance.

16 DBS checks, both new and renewal checks have been undertaken in 2020. 1 check for a PCC member remains outstanding.

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8 Confidential declaration forms have expired and although at least two requests have been issued to each person no response has been received. These leaders or helpers are unable to work with groups or carry out their roles, either face to face or via Zoom, until a new declaration form has been obtained. The Youth Workers have been informed.

Lay Ministers and Authorised Worship Assistants checks and training are the responsibility of the Diocese. Checks and training for anybody with any of these roles are not monitored by the Holy Trinity Safeguarding Officer. It is assumed that anybody in these roles is fully compliant. Individuals in any of these roles are responsible for ensuring that they are up to date with all requirements including training.

6 people have completed Safeguarding training. It has previously been agreed by PCC that relevant training must be completed within 3 months of commencing in any role.

Risk assessments were completed for working with children and groups online during the pandemic. Diocesan guidance was followed for meeting via video conferencing. Risk assessments have been completed for when children’s groups can meet in person taking account of Covid-19 restrictions and guidance.

During the past twelve month’s I have had 2 possible issues of Safeguarding concerns raised with me. In addition, various procedural queries were raised by staff and volunteers. The Diocesan Safeguarding Officer was contacted where necessary for advice and confirmation that actions taken were sufficient. After the initial response to the two issues, no further action was required in any of these issues.

Andy Gray

Safeguarding Officer

12.01.2021

Norwich South Deanery Synod Report for 2020

Deanery Synod meetings have continued online during the pandemic period, and we were able to hold an Ash Wednesday online service this year as Anglican churches were unable to do this in person.

We are pleased to have increased our representation in Deanery Synod with Rosie O’Donnell and Margaret Gray joining myself and Sandra Isaac.

The Deanery Synod is engaging with the Church of England’s national vision to be Jesusshaped, simpler, humbler and bolder, and missionary, younger and more diverse, and mixing traditional and fresh expressions of church. The Deanery Synod has also reflected

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on the implications, positive and negative, of the clergy redeployment strategy (which aims to in the future prioritise areas of high density and social deprivation where possible) and the Living in Love and Faith report, as well as the eco church strategy. The work on rejuvenating St Mary’s is ongoing, pending a business plan.

Jason Wilson

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HOL Y TRINITY CHURCIL HEIGIIAhE NORWICH rwHOLY TRINITY UKVVILM Minutes of the Annual Vestry Meeting and Annual Parochial Church Meeting held overzoom on Wednesday 21 October 2020 at 7.30 pm The meeting was held a5 a Zoom online meeting (there were 68 Zoom participant5, although some 'participant5" included tnore than one individuall. Richard James welcomed everyone to this first APCM on Zoom and gave an overview of the agenda. He welcomed questions during the meeting by raising hands or messaging in the meeting chat. Richard opened the meeting with a prayer. Lewi5 Jarrett read from Matthewi5'.10-28 Richard presented on the topii'your Hand Has Provided" highlighting key phra5e5 from the well- known hymn. He reflected on the year gone by, and the fact that we have seen Gc>d work for good in so many ways, his hand has provided. Speaking on the pa55age, Richard outlined three way5 Jesu5 provide5 for hi5 people.. meeting affliction with mercy,. meeting exclusion with welcome,. and meeting prayer with blessing. Sandra Isaac led prayers of thankfvlness for, and faith in, the Lord's great faithfvlness. Appointment of Churchwardens {or'Meeting of Parishione Richard summarised the role and duties of Chvrch Wardens and expressed gratitude to Lewis Jarrett and Sandra Isaac for all their hard work as churchwardens dvring the year. Richard announced that nominations had been received for Andy Gray and Bill Myall to Serve a5 Wardens, and as no other nc>minations were received, he announced their election to serve for a term of 6 months lor to the next APCM, likely to be next April). Richard then thanked Andy and Bill fortheirwllingne55 to seNe a5 churchwardens and encouraged the Church to pray for them. El•rtion of Fiv• D•an•ry Synod M•mb•rs Richard 5ummarised the role of a Deanery Synod mernber, and thanked Sandra 15aac and Ja50n Wilson who have served a three-yeartemi as Deanery Synod Members. Nominations had been received for 3 candidates. They were- Sandra15aaC Rosamund O'Donnell Jason Wilson Richard thanked all the candidates and announced their elertion. There are two additional vacancie5, which can be filled by a PCC Member and Richard encouraged PCC Member5 to consider thi5 OPPOrtuntty to Serve. El•rtion of Thr•• P•rochi•l Church Council M•mb•rs Richard 5ummarised the role of a PCC Member and thanked retiring PCC member5.. Dave Appleton, Andy Gray, Gill Hulme and Alison Vinall. Page l of4 APCM 21, October 2020

HOLY TRlJyrrY CHURCH, HEIGIIW NORWICH rwHOLY TRINITY VNVVILM He announced there were 3 vacancies on the PCC and nomination had been received for 3 c6ndidates'. Phil Courtier Surnudu Edward5 Rc>samund O'Donnell Richard thanked the candidates and announced their election. Jame5 Pinto led prayer5to thank God for all of those who have completed theirtetms of service in leadership role5 and prayed for the newly elected leader5 (Wardens, Member5 of the Deanery Synod and PCC Members). Fin•nc• R•port ID•v• Appl•ton, Tr••sur•r) Richard thanked Dave Appleton for hi5 work a5 Treasurer thi5 year. Dave svmmarised ourfinancial position for ?019 and our current financial position, outlining income of £334k lof which 9596from giving and gift aid),. with expenditure of £312; leaving reserves of £58k (close to our reserves policy of £6okl He thanked the Church and expre55ed ourthank5 to God forthe increase in giving in 2018 and 1019. a period during which we had struggled to recruit staff, but weie able to use the increased giving to do more, for example taking on the lease of the Jenny Lind room and the finances of the staff associated with the rooms. We are grateful to God that now in 2020 we have been successFul in recruiting two youth and children'5 worker5. Coronavirus has impacted vs all and has also impacted Church's finances. We have needed to spend more on cleaning materials and keeping people safe, as well as on new equipment to allow us to livestream. Our income has reduced both as a consequence of our not being able to hold our usual commitment appeal service and a5 some people5, personal circumstance5 have changed which ha5 prompted them to reduce their giving. We have had additional expenditure, for example the new chairs (for which we thank God as they have made it easier to restart in-person services safely wtth clear social distancing). We had set a budget based on an increase in income for this year and fvture years, but sofar we have received le55 rather than more. The p051tion this year is reasonably secure as we have made some 5aving5, but we are anticipating a much more challenging sltuation next yearwith an income gap of £83kfor next year (assuming that we do not recruit a second ministry assistant to replace Issyl. We will be writing to all Church Members and asked that all Chvrch members give careful and prayerful consideration to our giving. Dave thanked the Church for the response to the appeal for Food voucher5 for Bignold Primary School and other hardship5 being faced by our community duting the Coronaviru5 pandemic. He reported that 70 donations had been received totalling £13700 (including gift aidi. As a result the Church was able to provide 438 food vouchers for 8ignold families and other members of the community. Richard invited que5tion5 from the meeting participants regarding the church finances. The following questions were received, and responses given.. Mike Bach noted that while the financial position is accurately presented, the Chvrch should be aware that there is substantial other money on top of the £58k free reserves that were referred to, which could be released if required. Thi5 15 money which is currently designated for other item5 and projects, and a55et5 such as a house that could be sold. Dave agreed that there are thing5 we could Page 2 of 4 APCM 21 October 2020

HOLY TRIf41TY CHURCH, HEIGHAM, NORWICH rwHOLY TRINITY NUIIVVILM do to If we had too, but this money has been set aside for particular purposes so it would mean Stopping these projects. john Balls asked what difference had been made to overall income as a result of the lack of personal giving during services. Dave responded that the vast majority of our giving comes through sta nding order. Relative to that, the amount received I n the services is small, but with people not coming In for seryice5 this has contributed to the reduction in income. Peter Gosling noted that part of the reserves relates to money designated forwork in the lenny Lind Area. He invited Richard to comment on how we are planning to use this money in the future. Richard reminded the Church members thatthis money isfrtsm a generous donation given to the Church for use asthe Pccfelt led but perhaps to benefit people In hardship In the community. Richard noted that PCC Members have spent 18 monthsthinking and praying about this, and that currently the vision Is to Use It to furthef Outreach especially In the Jenny Lind area of the parish (which is economically the m05t needy part of the Parish). It is the intention that PCC and the Wardens will develop the vision and bri ng further clarity to this during this year, and that some of it will be very probably be spent on staffing. Dave noted that some of the money has already been Used to employ Gemma whose work Is focussed In that area of the Paiish. John Drake thanked Dave for his presentation and commented that It is kneficial that our income Is not dependent on external lettings for example, which would have been more affected by the Coronavirus restrirtions. He noted thatthe expected shortfall ne)rt year Df £83k could be met by loo people increasing thei r giving by the equivalent of two bottles Df wine a week. Richard encouraged us to pray and to ask God to provide in every way. There was a show of hands which unanimously received the accounts. PCC report, Deanery5ynod and Fabric Reports Richard 5ummarised ouivision, which Is to make disciples who make d15ciple5, bringing good news to all and Glory tts Christ. He noted thefour stages in making disciples.. engaging,evangelisi ng, establishing and equipping Richard looked back overthe workto deliverthevision 2019-today, highl Ighting thefollowing areas.. Thewelcome of newcomers has continued through the pandemic, both online and in person Growing disci ples continues- on Sundays,. in small groups,. through i.'Is, personal Bible readinglprayer,. through baptisms and through ourwelcome The gospel is not in lockdown - and continues to be shared via our YouTvbe channel, online guest events, onl ine Christianity Explored, throug h our links with 8ignold School, and through our faithful workers Istaff and volunteers) The improvement5 that have been made to our buildings for gospel use and our commitmentto taking on the Jenny Lind room leèse Gratitude part1cularly through the last six months during lockdown for unity under pressure and also for generosity lin continued giving and in the hardship fund) We are looking Into 1021 Wlth confidence In God's mercy and provision Richard Invited sugge5tionsfor other area5 where we might want to givethanks. In response to a question from Sandra Isaac, Mission Partner with UCCF Rosie O'Donnell shared encouragements from the local Christian Unions. She reported that there are 116 student5 signed up for small groups of 6, this compares with a Christian Union of atrKJut 80 in more normal times. As well as established Christians, the sn)all group members include people who have cometo faith as they were prompted to read the b￿blefOr the firsttime during lockdown, people from Christian homes Page 3of4 APCM 21st October 2020

HOL Y TRIMTY CHURCH, HEIGIL4M, NORINICH rwHOLY TRINITY NUIIVVILM and people who are still seeking. Rosie asked the Church to pray forthis encouraging and exciting work. Alison Vinall gave thanksfor our Small Group leaders, noting that Small Groups have trEen a great blessing to many Church menibers during lockdown when we could not gettogether in person. Small Group Leaders were thanked for all they have done land continue to dol In keeping groups going right through the summer, and for some group5 meeting midweek and also on Sunday. At this point, Richard split the meeting into Small group5 for a brief tirne forpeople to share what ha5 eniovraged them this year and what they would be praying for next year. Margaret Gray led Prayer5 forovr mission and God'5 provision. Approval of Minutes of APCM 2019 Minutes of the APCM 28th April 2019 were accepted by nieans of an anonynious zoom poll and signed as an accurate record. Reappointment of Accountants and Independent Examiners Also by an anonymous zoom pol I, the firm of Ashton Shaw was rèappointed a5 Indepèndent Examiners. Richard prayed for new member5 who have joined since the last Annval Meeting Richard reported that the Electoral Roll total was 249. Since the last APCM (April 2019117 new people had joined and 18 had left,. an overall net decrease of i person. Expres5ion5 of thank5 Richard thanked everyone forcoming to thi5 first Zoorn meeting and to the whole Church farnily. Richard went on to express particularthanks to.. Outgoing wardens- Sandra Isaac and Lewis Jarrett Outgoing PCC Members. Dave Appleton, Andy Gray, Gill Hul me and Alison Vinall (who also served as Assistant Warden and PCC Chairl PCC Secretary- Louise Cumberland Staff Teani- Margarete Cuffley, Dave Appleton,15sy Bennett, Rob Canniffe, Nic Carver, Richard Cockaday, Lucy Cro55, Gareth Evans, Hesam Safari and Gemma Stapleford james and Anna Pinto Carole James Finally, Andy Gray expressed thanks on behalf of the Church to Richard and james fortheir leadership of the Church particularly during the challenges of the last six months. Richard concluded the rneeting by leading a reading of Psalm 671 the word5 of the hyrnn Great is your faithfulness and a blessing. Date of NextAPCM To be advised. Page4of 4 APCM 21st October 2020

Holy Trinity Church, Heigham, Norwich

Financial Statements of the Parochial Church Council

For the Year Ended 31 December 2020

Holy Trinity Church, Heigham, Norwich

Independent Examiner’s Report for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

I report to the Parochial Church Council on my examination of the Accounts of Holy Trinity Church for the year ended 31 December 2020 which are set out on pages 3 to 13.

Responsibilities and basis of report

As the charity's Trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of The Assoication of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Ryan Southgate ACCA For and on behalf of Aston Shaw Limited

Aston Shaw Chartered Certified Accountants & Registered Auditor The Union Building 51 - 59 Rose Lane Norwich NR1 1BY

12-Apr-21

2

Holy Trinity Church, Heigham, Norwich

Statement of Financial Activities

for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

Notes
Income and endowments from:
Donations and legacies
2(a)
Income from investments
2(b)
Church activities
2(c)
Total income and endowments
Expenditure on:
Grants
3(a)
Church activities
3(b)
Investment property costs
3(c)
Total expenditure
Net income/(expenditure)
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2020
Total
2019
£
£
£
£
£
315,716
14,959
-
330,675
316,627
9,316
-
178
9,494
8,540
4,413
-
-
4,413
8,884
329,445
14,959
178
344,582
334,051
35,593
-
-
35,593
33,048
306,616
14,126
178
320,920
269,135
5,189
-
-
5,189
10,249
347,398
14,126
178
361,702
312,432
(17,953)
833
-
(17,120)
21,619
(17,953)
833
-
(17,120)
21,619
735,295
-
31,991
767,286
745,667
717,342
833
31,991
750,166
767,286

All income and expenditure derive from continuing activities.

3

Holy Trinity Church, Heigham, Norwich

Balance Sheet

for the Parochial Church Council of Holy Trinity Church as at 31 December 2020

Notes
Fixed assets
Tangible fixed assets
5
Investments
6
Current assets
Debtors
7
Cash in bank and in hand
Creditors
Amounts falling due within
one year
8
Net current assets
Net assets
Funds
9
General funds
Other unrestricted funds
Total unrestricted funds
Restricted funds
Endowment funds
Total funds		 £
£
34,796
472,818
507,614
12,740
237,419
250,159
(7,609)
242,550
750,164
60,824
656,517
717,341
833
31,991
750,164
2020		 £
£
13,935
472,818
486,753
18,170
283,276
301,446
(20,913)
280,533
767,286
58,209
677,085
735,294
-
31,991
767,285
2019		 £
£
13,935
472,818
486,753
18,170
283,276
301,446
(20,913)
280,533
767,286
58,209
677,085
735,294
-
31,991
767,285
2019
767,286
58,209
677,085
735,294
-
31,991
767,285

The financial statements were approved and authorised for issue by the Parochial Church Council on 8 March 2021.

Signed on behalf of the Parochial Church Council

….................................................. Andy Gray Churchwarden

….................................................. Bill Myall Churchwarden

The notes on pages 5 to 13 form part of these financial statements.

4

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

1. Summary of significant accounting policies

a. Basis of preparation. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.

The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body or those that are informal gatherings of church members.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items (investment property) at fair value.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

b. Funds. Unrestricted funds are those funds that are held for spending at the PCC’s discretion. These include any further funds, which the PCC has designated for particular purposes (“designated funds”). Unrestricted funds comprise:

General funds Funds of the PCC that are not subject to any restrictions regarding their use and Funds of the PCC that are not subject to any restrictions regarding their use and
are available for application for the general purposes of the PCC.
Tangible fixed assets reserve Funds set-aside by decision of the PCC to reflect monies tied-up in tangible
fixed assets and hence not readily expendable without disposal of the relevant
assets (see note 5).
Investment property reserve Funds set-aside by decision of the PCC to reflect monies tied-up in the
investment property and hence not readily expendable without disposal of the
investment property (see note 6).
Training fund Funds set-aside by decision of the PCC in 2018 to cover the costs over 3 years of
training a Children's Worker.
Fabric fund Funds set-aside by decision of the PCC in 2018 to cover the costs of any one-off
or occasional building or furnishing projects (designation clarified by PCC in
2019).
Jenny Lind project fund Funds set-aside by decision of the PCC in 2018 to cover the costs of progressing
our ministry in the North East of the parish (Jenny Lind and Vauxhall Street
area), including the employment of staff who will support this ministry
(designation clarified by PCC in 2019).

Restricted funds are those that are subject to specific trusts. For the purposes of these accounts, the funds held under this heading are the “income funds” i.e. they must be spent on the specified purpose(s) within a reasonable period of time. 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 apportioned to individual funds on an average balance basis. Restricted “income” funds comprise:

5

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements (continued) for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

1. Summary of significant accounting policies (continued)

Hardship Fund

Donations for the Hardship Fund were collected during 2020. Initially these were designated specifically for hardships occurring as a result of the Covid-19 pandemic (including provision of food vouchers for Bignold School families). Spend from this fund included the purchase of food vouchers, support for English+ contacts and support for other individuals and families in severe hardship. Towards the end of the year, and with permission of the donors who had provided the funds that were still unused at the time, the designation was broadened to cover any hardship (i.e. not necessarily relating to the pandemic).

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. Endowment funds comprise:

Bransby Legacy An endowment with interest earmarked for costs of youth work. The assets of the legacy are held on deposit within the CBF Church of England Deposit Fund (see note 9).

c.

Incoming Resources. Planned giving receivable under Gift Aid is recognised only when received. Income tax recoverable on Gift Aid donations is recognised when the income to which it relates is received. Collections are recognised when received by or on behalf of the PCC. All other income is recognised when it is receivable. All incoming resources are accounted for gross.

d.

Resources Expended. Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. The diocesan parish share is accounted for when paid. Because it is not a legal liability, any parish share unpaid at 31 December is not provided in these financial statements except to the extent that the PCC has resolved to pay the shortfall. All other expenditure is generally recognised when it is incurred and is accounted for gross.

e.

Tangible Fixed Assets. Consecrated and benefice property of any kind is not included in these financial statements in accordance with S.10(2)a) and c) of the Charities Act 2011. Freehold property improvements are depreciated at 10% pa on a straight-line basis. Office equipment is depreciated at 25% pa on a straight-line basis.

f.

Investment Properties . Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in ‘net gains / (losses) on investments’ in the SoFA.

g.

Volunteer Activities. A large amount of activities run by the church are staffed by volunteers who give of their time and resources. This help is unquantifiable but without it the church could not continue to pursue its work.

h.

Employee Benefits . The charity offers membership of a defined contribution pension scheme to its employees. Contributions payable are charged in the Statement of Financial Activities in the period to which they relate. The charity has no responsibility for the management of the pension scheme, which is provided by a third party.

6

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements (continued)

for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

2. Incoming resources
(a) Donations and legacies
Giving - standing orders		 Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2020
Total
2019
£
£
£
£
£
226,614
-
-
226,614
232,421
Giving - Sunday collections 1,077
-
-
1,077
3,935
Giving - other planned
Giving - other
Income tax recoverable (Gift Aid)
Grants		 14,796
-
-
14,796
21,703
20,436
12,711
-
33,147
2,945
262,923
12,711
-
275,634
261,004
51,675
2,248
-
53,922
54,756
1,118
-
-
1,118
867
(b) Income from investments
Rental income (26 Trinity Street)
Interest received
(c) Church activities
Wedding & funeral fees
Church & hall hire
Other receipts
315,716
14,959
-
330,675
316,627
9,250
-
-
9,250
8,214
66
-
178
244
326
9,316
-
178
9,494
8,540
707
-
-
707
1,493
701
-
-
701
2,722
3,005
-
-
3,005
4,669
4,413
-
-
4,413
8,884
Total incoming resources 329,445
14,959
178
344,582
334,051

7

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements (continued) for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

3. Resources expended
(a) Grants
Mission grants - individual partners
Mission grants - agencies
(b) Church activities		 Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2020
Total
2019
£
£
£
£
£
22,743
-
-
22,743
20,000
12,850
-
-
12,850
13,048
35,593
-
-
35,593
33,048
Mission - Local outreach
Diocesan parish share (note 3(d))
Young people's activities
Other group activities
Events & hospitality
Books
Jenny Lind property rental
Maintenance of buildings and
equipment
Utilities (light, heat and water)
Staff salary and pension costs (note 4)
Staff/clergy expenses
Training
Music
Insurance
Office costs, advertising, IT and telephony
Accountancy assurance fees (note 3(e))
Payroll and HR support (see note 3 (e))
Other expenditure
Depreciation		 2,203
14,126
-
16,329
3,726
90,000
-
-
90,000
90,000
1,455
-
-
1,455
2,476
1,407
-
-
1,407
3,396
1,672
-
-
1,672
3,387
4,569
-
-
4,569
4,878
6,048
-
-
6,048
2,671
28,518
-
-
28,518
34,033
9,602
-
-
9,602
11,011
112,381
-
178
112,559
75,593
3,199
-
-
3,199
4,201
9,879
-
-
9,879
3,233
1,231
-
-
1,231
2,233
4,648
-
-
4,648
4,533
9,813
-
-
9,813
10,533
1,560
-
-
1,560
1,500
3,062
-
-
3,062
2,346
2,672
-
-
2,672
5,080
12,697
-
-
12,697
4,305
306,616
14,126
178
320,920
269,135
(c) Investment property costs
Rental property expenses		 5,189
-
-
5,189
10,249
5,189
-
-
5,189
10,249
Total resources expended
347,398
14,126
178
361,702
312,432

8

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements (continued) for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

3. Resources expended (continued)

(d) Diocesan Parish Share

The parish share allocated to the PCC for 2020 was £90,000 (2019 £90,000). This reflects the overall cost of clergy within the Diocese and a method of allocation based upon two elements, the actual cost of ministry within a benefice (which for Holy Trinity equates to the parish) and a contribution to the cost of mission and ministry across the Diocese.

In 2020 the PCC paid its full £90,000 parish share (2019 paid £90,000 in full). The Diocese has agreed to request a parish share at the same level as that paid in 2020 (£90,000) for the year ending 31 December 2021.

(e) Independent Examiner's Remuneration

The independent examiner's remuneration amounts to an independent examination fee of £1,560 (2019 - £1,500) and payroll services of £960 (2019 - £790), the latter of which are included within 'Payroll and HR Support'.

9

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements (continued) for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

4. Staff costs

4. Staff costs
Salaries Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2020
Total
2019
£
£
£
£
£
108,634
-
178
108,812
73,248
Social security costs -
-
-
-
-
Pension costs 3,747
-
-
3,747
2,345
112,381
-
178
112,559
75,593
Further disclosures:
Church activities
Management and administration		 2020
2019
£
£
56,212
22,650
56,348
52,943
112,560
75,593

The average monthly number of employees during the year was as follows:

Church activities
Management and administration		 2020
2019
4
2
4
4
8
6

During the year the PCC employed the following staff: a church manager, two ministry assistants (one left August, one appointed January), two youth and children's workers (both appointed September), a part-time young people's coordinator (Jenny Lind), a caretaker, a part-time maintenance operative, a part-time administrator and a part-time organist.

No employees earned £60,000 per annum or more.

PCC Members and Related Parties

There was no remuneration or other benefits paid to PCC members in their capacity as members for the year ended 31st December 2020 nor for the year ended 31st December 2019.

During the year the following disclosable transactions occurred in respect of PCC members, persons closely connected to them or other related parties:

• In connection with the activities of the Church, PCC members were reimbursed incidental expenses incurred in the course of the year.

10

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements (continued)

for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

5. Tangible fixed assets

Cost
At 1 January 2020
Additions
Disposals
At 31 December 2020
Depreciation
At 1 January 2020		 Improvements
to freehold
church hall
Office
equipment
Total
£
£
£
61,125
48,343
109,468
-
33,558
33,558
-
(560)
(560)
61,125
81,341
142,466
53,173
42,360
95,533
Charge for the year 1,987
10,710
12,697
Write back on disposals
At 31 December 2020
Net book value
At 31 December 2019
At 31 December 2020		 -
(560)
(560)
55,160
52,510
107,670
7,952
5,983
13,935
5,965
28,831
34,796
6. Fixed asset investments
Valuation
At 1 January 2020
At 31 December 2020
At 31 December 2019		 Investment
Property
Freehold House
CBF Church
of England
Deposit Fund
Total
£
£
£
430,000
42,818
472,818
430,000
42,818
472,818
430,000
42,818
472,818

In early 2019, the investment property, being the house at 26 Trinity Street, was informally valued by a local agency to be in the region of £430,000 - £450,000 based on recent sale values of nearby properties and their knowledge of this property. With this in mind, members of the PCC approved a valuation for this property of £430,000 as at 31 December 2018, with the resulting revaluation adjustment reflected in the Accounts for the year ended 31 December 2018. It is believed that the valuation of the property has not materially altered in the year ended 31 December 2019 or in the year ended 31 December 2020 so the property is carried forward at the same valuation. The net book value of the investment property is attributable to the investment fund (note 10).

Funds held on deposit include amounts attributable to the Bransby Legacy.

11

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements (continued) for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

7. Debtors: amounts falling due within one year

ounts falling due within one year
2020
2019
£
£
Income tax recoverable on Gift Aid donations
Other debtors		 6,175
10,032
6,565
8,138
12,740
18,170

8. Amounts falling due within one year

ling due within one year
Other creditors and accruals 2020
2019
£
£
7,609
20,913
7,609
20,913

9. Movements in funds

Unrestricted funds
General funds
Other unrestricted funds:		 Balance at 1
January 2020
Total income
resources
Total resources
expended
Other
movements
Balance at 31
December 2020
£
£
£
£
£
58,209
329,445
-305,969.53
(20,860)
60,824
Tangible fixed assets reserve 13,935
-
-
2,413
16,348
Investment property reserve
Designated funds:
Training fund
Fabric fund
Jenny Lind project fund
Total unrestricted funds
Restricted funds
Hardship Fund
Endowment funds
Bransby legacy
Total funds		 430,000
-
-
-
430,000
18,000
-
(7,172)
-
10,828
110,417
-
(27,822)
18,447
101,042
104,733
-
(6,434)
-
98,299
677,085
-
(41,428)
20,860
656,517
735,294
329,445
(347,397)
-
717,341
-
14,959
(14,126)
-
833
-
14,959
(14,126)
-
833
31,991
178
(178)
-
31,991
31,991
178
(178)
-
31,991
767,285
344,583
(361,701)
-
750,164

12

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements (continued) for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

9. Movements in funds (continued)

The "other movements" comprise:

Transfers between funds
Tangible fixed assets reserve/general funds and Fabric Fund - transfer to match the net
value tied up in tangible fixed assets
Fabric Fund (chairs)
General funds		 £
2,413
18,447
(20,860)
-

10. Analysis of net assets by fund

The net assets within each fund at 31 December 2020 are summarised as follows:

Tangible fixed assets
Investments		 Unrestricted
funds
Restricted
funds
Endowment
funds
Total
£
£
£
£
34,796
-
-
34,796
440,827
-
31,991
472,818
Current assets 249,327
833
-
250,161
Creditors (7,609)
-
-
(7,609)
717,341
833
31,991
750,164

13

Holy Trinity Church, Heigham, Norwich

Given to Mission and Social Action

for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

Individuals:
SIM - Penny Bakewell
WBT - Tony and Carol Smith
WEC - Colin Bearups
Stewardship - Rachel Spencer
UCCF - Rosie O'Donnell
Travel Expenses
National Agencies:
CPAS
Friends International
UCCF
Church of England Evangelical Council
Church Mission Society
Local Organisations:
English +
Magdalen Project
Norwich Youth for Christ
UEA Christian Union
The Matthew Project (special collection)
Total		 Total
2020
£
4,100
5,125
8,175
3,050
2,050
243
22,743
1,100
1,100
600
1,000
-
3,800
6,000
1,100
1,100
850
-
9,050
35,593		 Total
2019
£
4,000
5,000
7,000
2,000
2,000
-
20,000
1,100
1,100
600
1,000
200
4,000
6,000
1,100
1,100
600
198
8,998
32,998

This page does not form part of the financial statements but is provided for additional information.

14

Holy Trinity Church, Heigham, Norwich

Financial Statements of the Parochial Church Council

For the Year Ended 31 December 2020

Holy Trinity Church, Heigham, Norwich

Independent Examiner’s Report for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

I report to the Parochial Church Council on my examination of the Accounts of Holy Trinity Church for the year ended 31 December 2020 which are set out on pages 3 to 13.

Responsibilities and basis of report

As the charity's Trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of The Assoication of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Ryan Southgate ACCA For and on behalf of Aston Shaw Limited

Aston Shaw Chartered Certified Accountants & Registered Auditor The Union Building 51 - 59 Rose Lane Norwich NR1 1BY

12-Apr-21

2

Holy Trinity Church, Heigham, Norwich

Statement of Financial Activities

for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

Notes
Income and endowments from:
Donations and legacies
2(a)
Income from investments
2(b)
Church activities
2(c)
Total income and endowments
Expenditure on:
Grants
3(a)
Church activities
3(b)
Investment property costs
3(c)
Total expenditure
Net income/(expenditure)
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2020
Total
2019
£
£
£
£
£
315,716
14,959
-
330,675
316,627
9,316
-
178
9,494
8,540
4,413
-
-
4,413
8,884
329,445
14,959
178
344,582
334,051
35,593
-
-
35,593
33,048
306,616
14,126
178
320,920
269,135
5,189
-
-
5,189
10,249
347,398
14,126
178
361,702
312,432
(17,953)
833
-
(17,120)
21,619
(17,953)
833
-
(17,120)
21,619
735,295
-
31,991
767,286
745,667
717,342
833
31,991
750,166
767,286

All income and expenditure derive from continuing activities.

3

Holy Trinity Church, Heigham, Norwich

Balance Sheet

for the Parochial Church Council of Holy Trinity Church as at 31 December 2020

Notes
Fixed assets
Tangible fixed assets
5
Investments
6
Current assets
Debtors
7
Cash in bank and in hand
Creditors
Amounts falling due within
one year
8
Net current assets
Net assets
Funds
9
General funds
Other unrestricted funds
Total unrestricted funds
Restricted funds
Endowment funds
Total funds		 £
£
34,796
472,818
507,614
12,740
237,419
250,159
(7,609)
242,550
750,164
60,824
656,517
717,341
833
31,991
750,164
2020		 £
£
13,935
472,818
486,753
18,170
283,276
301,446
(20,913)
280,533
767,286
58,209
677,085
735,294
-
31,991
767,285
2019		 £
£
13,935
472,818
486,753
18,170
283,276
301,446
(20,913)
280,533
767,286
58,209
677,085
735,294
-
31,991
767,285
2019
767,286
58,209
677,085
735,294
-
31,991
767,285

The financial statements were approved and authorised for issue by the Parochial Church Council on 8 March 2021.

Signed on behalf of the Parochial Church Council

….................................................. Andy Gray Churchwarden

….................................................. Bill Myall Churchwarden

The notes on pages 5 to 13 form part of these financial statements.

4

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

1. Summary of significant accounting policies

a. Basis of preparation. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.

The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body or those that are informal gatherings of church members.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items (investment property) at fair value.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

b. Funds. Unrestricted funds are those funds that are held for spending at the PCC’s discretion. These include any further funds, which the PCC has designated for particular purposes (“designated funds”). Unrestricted funds comprise:

General funds Funds of the PCC that are not subject to any restrictions regarding their use and Funds of the PCC that are not subject to any restrictions regarding their use and
are available for application for the general purposes of the PCC.
Tangible fixed assets reserve Funds set-aside by decision of the PCC to reflect monies tied-up in tangible
fixed assets and hence not readily expendable without disposal of the relevant
assets (see note 5).
Investment property reserve Funds set-aside by decision of the PCC to reflect monies tied-up in the
investment property and hence not readily expendable without disposal of the
investment property (see note 6).
Training fund Funds set-aside by decision of the PCC in 2018 to cover the costs over 3 years of
training a Children's Worker.
Fabric fund Funds set-aside by decision of the PCC in 2018 to cover the costs of any one-off
or occasional building or furnishing projects (designation clarified by PCC in
2019).
Jenny Lind project fund Funds set-aside by decision of the PCC in 2018 to cover the costs of progressing
our ministry in the North East of the parish (Jenny Lind and Vauxhall Street
area), including the employment of staff who will support this ministry
(designation clarified by PCC in 2019).

Restricted funds are those that are subject to specific trusts. For the purposes of these accounts, the funds held under this heading are the “income funds” i.e. they must be spent on the specified purpose(s) within a reasonable period of time. 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 apportioned to individual funds on an average balance basis. Restricted “income” funds comprise:

5

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements (continued) for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

1. Summary of significant accounting policies (continued)

Hardship Fund

Donations for the Hardship Fund were collected during 2020. Initially these were designated specifically for hardships occurring as a result of the Covid-19 pandemic (including provision of food vouchers for Bignold School families). Spend from this fund included the purchase of food vouchers, support for English+ contacts and support for other individuals and families in severe hardship. Towards the end of the year, and with permission of the donors who had provided the funds that were still unused at the time, the designation was broadened to cover any hardship (i.e. not necessarily relating to the pandemic).

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. Endowment funds comprise:

Bransby Legacy An endowment with interest earmarked for costs of youth work. The assets of the legacy are held on deposit within the CBF Church of England Deposit Fund (see note 9).

c.

Incoming Resources. Planned giving receivable under Gift Aid is recognised only when received. Income tax recoverable on Gift Aid donations is recognised when the income to which it relates is received. Collections are recognised when received by or on behalf of the PCC. All other income is recognised when it is receivable. All incoming resources are accounted for gross.

d.

Resources Expended. Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. The diocesan parish share is accounted for when paid. Because it is not a legal liability, any parish share unpaid at 31 December is not provided in these financial statements except to the extent that the PCC has resolved to pay the shortfall. All other expenditure is generally recognised when it is incurred and is accounted for gross.

e.

Tangible Fixed Assets. Consecrated and benefice property of any kind is not included in these financial statements in accordance with S.10(2)a) and c) of the Charities Act 2011. Freehold property improvements are depreciated at 10% pa on a straight-line basis. Office equipment is depreciated at 25% pa on a straight-line basis.

f.

Investment Properties . Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in ‘net gains / (losses) on investments’ in the SoFA.

g.

Volunteer Activities. A large amount of activities run by the church are staffed by volunteers who give of their time and resources. This help is unquantifiable but without it the church could not continue to pursue its work.

h.

Employee Benefits . The charity offers membership of a defined contribution pension scheme to its employees. Contributions payable are charged in the Statement of Financial Activities in the period to which they relate. The charity has no responsibility for the management of the pension scheme, which is provided by a third party.

6

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements (continued)

for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

2. Incoming resources
(a) Donations and legacies
Giving - standing orders		 Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2020
Total
2019
£
£
£
£
£
226,614
-
-
226,614
232,421
Giving - Sunday collections 1,077
-
-
1,077
3,935
Giving - other planned
Giving - other
Income tax recoverable (Gift Aid)
Grants		 14,796
-
-
14,796
21,703
20,436
12,711
-
33,147
2,945
262,923
12,711
-
275,634
261,004
51,675
2,248
-
53,922
54,756
1,118
-
-
1,118
867
(b) Income from investments
Rental income (26 Trinity Street)
Interest received
(c) Church activities
Wedding & funeral fees
Church & hall hire
Other receipts
315,716
14,959
-
330,675
316,627
9,250
-
-
9,250
8,214
66
-
178
244
326
9,316
-
178
9,494
8,540
707
-
-
707
1,493
701
-
-
701
2,722
3,005
-
-
3,005
4,669
4,413
-
-
4,413
8,884
Total incoming resources 329,445
14,959
178
344,582
334,051

7

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements (continued) for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

3. Resources expended
(a) Grants
Mission grants - individual partners
Mission grants - agencies
(b) Church activities		 Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2020
Total
2019
£
£
£
£
£
22,743
-
-
22,743
20,000
12,850
-
-
12,850
13,048
35,593
-
-
35,593
33,048
Mission - Local outreach
Diocesan parish share (note 3(d))
Young people's activities
Other group activities
Events & hospitality
Books
Jenny Lind property rental
Maintenance of buildings and
equipment
Utilities (light, heat and water)
Staff salary and pension costs (note 4)
Staff/clergy expenses
Training
Music
Insurance
Office costs, advertising, IT and telephony
Accountancy assurance fees (note 3(e))
Payroll and HR support (see note 3 (e))
Other expenditure
Depreciation		 2,203
14,126
-
16,329
3,726
90,000
-
-
90,000
90,000
1,455
-
-
1,455
2,476
1,407
-
-
1,407
3,396
1,672
-
-
1,672
3,387
4,569
-
-
4,569
4,878
6,048
-
-
6,048
2,671
28,518
-
-
28,518
34,033
9,602
-
-
9,602
11,011
112,381
-
178
112,559
75,593
3,199
-
-
3,199
4,201
9,879
-
-
9,879
3,233
1,231
-
-
1,231
2,233
4,648
-
-
4,648
4,533
9,813
-
-
9,813
10,533
1,560
-
-
1,560
1,500
3,062
-
-
3,062
2,346
2,672
-
-
2,672
5,080
12,697
-
-
12,697
4,305
306,616
14,126
178
320,920
269,135
(c) Investment property costs
Rental property expenses		 5,189
-
-
5,189
10,249
5,189
-
-
5,189
10,249
Total resources expended
347,398
14,126
178
361,702
312,432

8

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements (continued) for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

3. Resources expended (continued)

(d) Diocesan Parish Share

The parish share allocated to the PCC for 2020 was £90,000 (2019 £90,000). This reflects the overall cost of clergy within the Diocese and a method of allocation based upon two elements, the actual cost of ministry within a benefice (which for Holy Trinity equates to the parish) and a contribution to the cost of mission and ministry across the Diocese.

In 2020 the PCC paid its full £90,000 parish share (2019 paid £90,000 in full). The Diocese has agreed to request a parish share at the same level as that paid in 2020 (£90,000) for the year ending 31 December 2021.

(e) Independent Examiner's Remuneration

The independent examiner's remuneration amounts to an independent examination fee of £1,560 (2019 - £1,500) and payroll services of £960 (2019 - £790), the latter of which are included within 'Payroll and HR Support'.

9

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements (continued) for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

4. Staff costs

4. Staff costs
Salaries Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2020
Total
2019
£
£
£
£
£
108,634
-
178
108,812
73,248
Social security costs -
-
-
-
-
Pension costs 3,747
-
-
3,747
2,345
112,381
-
178
112,559
75,593
Further disclosures:
Church activities
Management and administration		 2020
2019
£
£
56,212
22,650
56,348
52,943
112,560
75,593

The average monthly number of employees during the year was as follows:

Church activities
Management and administration		 2020
2019
4
2
4
4
8
6

During the year the PCC employed the following staff: a church manager, two ministry assistants (one left August, one appointed January), two youth and children's workers (both appointed September), a part-time young people's coordinator (Jenny Lind), a caretaker, a part-time maintenance operative, a part-time administrator and a part-time organist.

No employees earned £60,000 per annum or more.

PCC Members and Related Parties

There was no remuneration or other benefits paid to PCC members in their capacity as members for the year ended 31st December 2020 nor for the year ended 31st December 2019.

During the year the following disclosable transactions occurred in respect of PCC members, persons closely connected to them or other related parties:

• In connection with the activities of the Church, PCC members were reimbursed incidental expenses incurred in the course of the year.

10

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements (continued)

for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

5. Tangible fixed assets

Cost
At 1 January 2020
Additions
Disposals
At 31 December 2020
Depreciation
At 1 January 2020		 Improvements
to freehold
church hall
Office
equipment
Total
£
£
£
61,125
48,343
109,468
-
33,558
33,558
-
(560)
(560)
61,125
81,341
142,466
53,173
42,360
95,533
Charge for the year 1,987
10,710
12,697
Write back on disposals
At 31 December 2020
Net book value
At 31 December 2019
At 31 December 2020		 -
(560)
(560)
55,160
52,510
107,670
7,952
5,983
13,935
5,965
28,831
34,796
6. Fixed asset investments
Valuation
At 1 January 2020
At 31 December 2020
At 31 December 2019		 Investment
Property
Freehold House
CBF Church
of England
Deposit Fund
Total
£
£
£
430,000
42,818
472,818
430,000
42,818
472,818
430,000
42,818
472,818

In early 2019, the investment property, being the house at 26 Trinity Street, was informally valued by a local agency to be in the region of £430,000 - £450,000 based on recent sale values of nearby properties and their knowledge of this property. With this in mind, members of the PCC approved a valuation for this property of £430,000 as at 31 December 2018, with the resulting revaluation adjustment reflected in the Accounts for the year ended 31 December 2018. It is believed that the valuation of the property has not materially altered in the year ended 31 December 2019 or in the year ended 31 December 2020 so the property is carried forward at the same valuation. The net book value of the investment property is attributable to the investment fund (note 10).

Funds held on deposit include amounts attributable to the Bransby Legacy.

11

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements (continued) for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

7. Debtors: amounts falling due within one year

ounts falling due within one year
2020
2019
£
£
Income tax recoverable on Gift Aid donations
Other debtors		 6,175
10,032
6,565
8,138
12,740
18,170

8. Amounts falling due within one year

ling due within one year
Other creditors and accruals 2020
2019
£
£
7,609
20,913
7,609
20,913

9. Movements in funds

Unrestricted funds
General funds
Other unrestricted funds:		 Balance at 1
January 2020
Total income
resources
Total resources
expended
Other
movements
Balance at 31
December 2020
£
£
£
£
£
58,209
329,445
-305,969.53
(20,860)
60,824
Tangible fixed assets reserve 13,935
-
-
2,413
16,348
Investment property reserve
Designated funds:
Training fund
Fabric fund
Jenny Lind project fund
Total unrestricted funds
Restricted funds
Hardship Fund
Endowment funds
Bransby legacy
Total funds		 430,000
-
-
-
430,000
18,000
-
(7,172)
-
10,828
110,417
-
(27,822)
18,447
101,042
104,733
-
(6,434)
-
98,299
677,085
-
(41,428)
20,860
656,517
735,294
329,445
(347,397)
-
717,341
-
14,959
(14,126)
-
833
-
14,959
(14,126)
-
833
31,991
178
(178)
-
31,991
31,991
178
(178)
-
31,991
767,285
344,583
(361,701)
-
750,164

12

Holy Trinity Church, Heigham, Norwich

Notes to the Financial Statements (continued) for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

9. Movements in funds (continued)

The "other movements" comprise:

Transfers between funds
Tangible fixed assets reserve/general funds and Fabric Fund - transfer to match the net
value tied up in tangible fixed assets
Fabric Fund (chairs)
General funds		 £
2,413
18,447
(20,860)
-

10. Analysis of net assets by fund

The net assets within each fund at 31 December 2020 are summarised as follows:

Tangible fixed assets
Investments		 Unrestricted
funds
Restricted
funds
Endowment
funds
Total
£
£
£
£
34,796
-
-
34,796
440,827
-
31,991
472,818
Current assets 249,327
833
-
250,161
Creditors (7,609)
-
-
(7,609)
717,341
833
31,991
750,164

13

Holy Trinity Church, Heigham, Norwich

Given to Mission and Social Action

for the Parochial Church Council of Holy Trinity Church for the year ended 31 December 2020

Individuals:
SIM - Penny Bakewell
WBT - Tony and Carol Smith
WEC - Colin Bearups
Stewardship - Rachel Spencer
UCCF - Rosie O'Donnell
Travel Expenses
National Agencies:
CPAS
Friends International
UCCF
Church of England Evangelical Council
Church Mission Society
Local Organisations:
English +
Magdalen Project
Norwich Youth for Christ
UEA Christian Union
The Matthew Project (special collection)
Total		 Total
2020
£
4,100
5,125
8,175
3,050
2,050
243
22,743
1,100
1,100
600
1,000
-
3,800
6,000
1,100
1,100
850
-
9,050
35,593		 Total
2019
£
4,000
5,000
7,000
2,000
2,000
-
20,000
1,100
1,100
600
1,000
200
4,000
6,000
1,100
1,100
600
198
8,998
32,998

This page does not form part of the financial statements but is provided for additional information.

14