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2021-12-31-accounts

Holy Trinity Church, Heigham, Norwich

Annual Report

of the

Parochial Church Council

for the year ended 31st December 2021

Contents Contents
Annual Report of the Parochial Church Council for 2021
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 2022
6
Communication
7
Finance Review
8
Income in 2021
8
Expenditure in 2021
8
Funds and Reserves
9
Outlook for 2022 and beyond
11
Risk
11
Safeguarding – Child Protection and Vulnerable Adults
11
Financial
11
Legislative
12
Reputational
12
Bankers and Accountants
12
Fabric Report for 2021
13
Safeguarding Report for 2021
14
South Deanery Synod Report for 2021
17
APCM 2021
18
Minutes of the Annual Vestry Meeting and Annual Parochial
Church Meeting held via Zoom on Wednesday 5thMay 2021
18

The Financial Statements of the Parochial Church Council for 2021 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 2021

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:

Revd Dr Richard James Rector Revd James Pinto Curate Mr Dave Appleton Treasurer Mrs Louise Cumberland Secretary

Officers:

Elected:

:
Mr Andy Gray Churchwarden Re-elected at APCM 2021
(resigned November 2021)
Mr Bill Myall Churchwarden Re-elected at APCM 2021
Mr Paul Henery Churchwarden Elected January 2022
Mr Jonathan Mason Lay Reader Elected November 2021
Mr Tom Gray Elected at APCM 2021
Dr Tony Smith Elected at APCM 2021
Mrs Barbara Drake Re-elected at APCM 2021
Ms Rebekah de Lacy Elected at APCM 2021
(resigned May 2021)
Mr Roger Hibbins Deanery Synod Elected April 2021
Mr Phil Courtier Elected at APCM 2020
Mrs Sumudu Edwards Elected at APCM 2020
(resigned September 2021)
Ms Rosamund O’Donnell Elected at APCM 2020,
Deanery Synod elected APCM 2020
Mrs Sandra Isaac Deanery Synod – re-elected at APCM 2020
Mr Jason Wilson Deanery Synod – re-elected at APCM 2020

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Mrs Margaret Gray Lay Reader Elected November 2020 (Deanery Synod Elected January 2021) (resigned August 2021) Mr Alex Russell Elected at APCM 2019 Mr Rob Canniffe Elected at APCM 2019 (resigned July 2021) Ms Michele Curtis Elected at APCM 2019 Mr Peter Gosling Elected at APCM 2019 (resigned March 2021) Mr Simon Elphick Term expired at APCM 2021 Mrs Catherine Spokes Term expired at APCM 2021 Mrs Vicki Hibbins Term expired at APCM 2021

Electoral Roll

Membership at APCM May 2021: 248.

This represented a net increase of 6 since October 2020. The Roll was re-created from scratch in 2019 and will be re-created from scratch again in 2025.

Average Sunday Attendance (Adults only)

Service Average attendance in
October 2021 (adults)		 Average attendance in
2021 (full year: adults)		 Average attendance in
October 2020 (adults)
10.00 am 141* 106*† 135*
6.30 pm 72 62† 70

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

In-person services were held for most of 2021 except from 17[th] January to 28[th] February when services were held online only. Services were livestreamed throughout and many church members attended online as a result of Covid safety. The numbers shown above represent in-person attendance only; online views are recorded separately for the use of the Church of England nationally.

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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 2021 the PCC reviewed and affirmed our vision to “Refresh our Welcome”, “Raise and Resource Discipleship” and “Reach our community and city with the good news of Christ”.

Review of progress and achievements

Our vision

In support of our threefold vision, during the year the PCC has in 2021:

4

Our staff

During the year the PCC has:

5

Finance

During the year the PCC:

Other matters

During the year the PCC has:

Vision for 2022

We aim to know Christ and make Him known to our community and city. To that end we continue to focus upon three priorities with a small number of key goals within each:

REINFORCE OUR WELCOME

6

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 Andy Gray and Bill Myall (Churchwardens from 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 2021

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 £368,555, 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. During the height of the COVID pandemic in 2020 giving had fallen but in 2021 it increased by 12%, exceeding pre-pandemic levels.

Other income, including rent from our investment property at 26 Trinity Street, remained similar to that in 2020, at £15,817.

Expenditure in 2021

The church’s expenditure was £377,919, a 4.5% increase compared to 2020 (£361,702). The increase was mostly attributable to increased staffing costs including the employment of two Youth and Children Workers for the whole year (only part of the year in 2020). The church’s expenditure reflects responsibilities in the parish, the diocese, and both nationally and internationally, and breaks down as follows:

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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 2021 the PCC paid £90,000 for the year, the amount set by the diocese at the start of the year (the same as in 2020).

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 as at December 2021 was reviewed by the PCC in January 2022 and increased to £483,00 (from £430,000).

At the end of 2020, the church had unrestricted funds of £758,756 including the £483,000 attributed to 26 Trinity Street. Other unrestricted funds included a fabric fund (£117,651), a training fund (£3,560) and tangible fixed assets reserve (essentially property that could be sold to release finances) of £11,888.

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 2022 it reviewed it keeping the levels the same but adjusting the wording to:

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‘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 (expected to be used up in 2022).

The PCC recognises that its current level of reserves significantly exceeds the level set in this policy. This is as a result of the de-designation of the Jenny Lind fund in 2021 and a lower spend on salaries than planned in 2021.

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

At the end of 2021 our General Reserves stood at £142,657, considerably higher than the level set in this reserves policy. This is because during 2021 the PCC took the decision to de-designate one of its unrestricted funds, the Jenny Lind Fund, thus moving this money into the General Reserves.

The Jenny Lind Fund had been set up following receipt of a significant donation at the time that the PCC was looking to take over the previously independent Jenny Lind project, including the lease of the Jenny Lind Room and the employment of its young person’s coordinator. The donation came with no restrictions but the PCC chose to set aside a large part of it to cover costs relating to Holy Trinity taking on the project.

This fund has been a real blessing, helping to give the PCC the confidence that it could meet the financial commitment of taking on the project and, more recently, to employ a Parish Mission Enabler and start up a number of new outreach activities. However, this parish outreach activity is core to our church’s mission, so the justification for retaining a fund for this work separate from our general funds has become rather weak. Moreover, the amount of money remaining in this fund was disproportionate to the cost of activities planned. In November 2021 the PCC therefore agreed unanimously to de-designate this

10

fund, making the money available for our wider church mission and outreach. The donor who had provided the funds was consulted and confirmed that they fully support this decision.

Outlook for 2022 and beyond

In 2021 we held our annual appeal for giving and we are hugely grateful to God and to our church members for responding positively to this appeal so that our regular income has increased.

Our outgoings are also increasing at pace. As well as rising prices for many of our regular purchases, fuel prices have sky-rocketed so the cost of heating the church, the church hall and the Jenny Lind room have gone up dramatically. The Government recently increased the National Insurance rate meaning our staff costs have inflated. But we also plan to do more, and this carries an additional cost. We have recently employed a part-time Parish Mission Enabler; also we did not replace our second Ministry Assistant when Issy left in 2020 but we hope to do so in 2022.

Our budget for 2022 shows a planned expenditure from our General Reserves of over £387,000, and this excludes significant maintenance work that will be funded from our Fabric Fund. The PCC has also expressed a desire to employ additional resource in future, but our current levels of regular giving fall short of the expenditure we are already planning. In the short term our excess reserves enable us to run with a deficit budget for 2022, but looking ahead we need to see further increases in giving to be able to continue our existing operations and to take on new initiatives.

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 2021, the PCC’s free reserves had risen to £142,657, well above the level set in its Reserves Policy (see above). However its designated funds have reduced, totalling £121,211 at the end of 2021 (from £210,170 at the start of the year). Although set aside for particular purposes, these funds are not legally restricted.

However, whilst this may appear to be a healthy financial situation, the current level of income is insufficient to sustain the level of expenditure that is required to deliver our

11

vision in the longer term. PCC set an ambitious deficit budget for 2022 in order to be able to deliver our existing activities, but we cannot operate on a deficit budget indefinitely.

Our PCC is committed to supporting a church graft in the coming year which may include the transfer of a number of families from Holy Trinity to the graft church. Inevitably this will impact our finances as those families are expected to transfer their giving to the graft church. At this early stage we do not have a picture of how much this will affect our finances but as a relatively small number of our families contribute a large proportion of our overall giving, there is the potential for the impact to be significant.

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.

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 4[th] May 2022 and signed on its behalf by:

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

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Holy Trinity Church, Norwich - Fabric Report for 2021

The Church

The Church building, which is a Grade II listed building, was built in 1859-1861 is owned by the Diocese but the PCC are responsible for its care and maintenance. The Diocese requires a professional inspection of the Church building to be carried out every 5 years (a Quinquennial Review) and is due next year 2022. At the last review in 2017 it was noted that the property is well cared for and maintained and the shrubs and trees within the churchyard are well kept.

During 2021 the following work has been carried out on the Church building.

  1. Decaying plasterwork on the Church interior wall of the North West transept has been replaced (£10,637).

  2. The Church doors, which were in a bad condition, have been repaired and repainted to a high standard (£6,148).

  3. A new handrail for improved safety when accessing the lectern has been installed (£154).

  4. Routine maintenance of the Church building incurred a cost of £9,600.

Several future projects are currently being considered by the Fabric Group and include the following.

  1. Upgrade of the Church notice boards.

  2. Refurbishment of the Church Office.

  3. Upgrade of the Church kitchen and toilets.

  4. Refurbishment and upgrading of the Church lighting, vision and sound systems.

The Church Hall, Cambridge Street

No major works were undertaken on the Church Hall.

The ongoing maintenance work incurred a cost of £1,637.

26 Trinity Street

Routine maintenance during the year incurred a cost of £136.

We are indebted to Nigel Chapman for managing this property and thank him for undertaking this task.

The Jenny Lind Room

We are grateful for the work which Carole James has undertaken in making the Jenny Lind Room more attractive and welcoming for our Parish outreach ministry.

During the year the cost of routine maintenance of this property amounted to £64.

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Consideration is currently being given to upgrading the kitchen equipment.

Thanks

The Fabric Group record their thanks and appreciation for the high standard of work undertaken by Nic Carver , our maintenance worker, who retired this year. We are also grateful and appreciative of the work carried out by Hesam Safari who after several years of dedicated service will be leaving us on 1st April. We also record our grateful thanks for the many members of the Church Family who help with the general upkeep and cleaning of the Church, and the other properties.

Bill Myall

Churchwarden

Safeguarding Report for 2021

This is the Safeguarding report for the fourteen months to February 28th 2022.

Andy Gray continued to perform the Safeguarding role at Holy Trinity Church until the end of September 2021, when he handed over the responsibility to me. Initially, there were a number of issues over data and system access, most of which have now been resolved. However, until yesterday (08/03/2022), I was still waiting to be given access to the ThirtyOneEight website, in order to check new DBS certificates. After completing the required DBS training, I will now be in a position to complete the outstanding DBS checks.

Going forward, we need to identify more backup for the Safeguarding Officer and the DBS Administer roles, to avoid single points of failure and to establish a resilient succession for the roles.

A new HT email address, david.fairbourn@trinitynorwich.org has been set up for me, in order to keep HT Safeguarding related admin emails separate from personal correspondence and the email address for reporting safeguarding issues safeguarding@trinitynorwich.org.

Holy Trinity has adopted the Parish Safeguarding Handbook 2018 with some minor amendments as agreed by the PCC in 2020.

The online Parish Safeguarding Dashboard introduced by the Diocese continues to be monitored and kept up to date. It is visible to the Diocese as a check on compliance with safeguarding issues.

The dashboard shows the following outstanding items, many of which have only just changed status and are being addressed: -

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longer. It is not possible to recruit new, unchecked, or untrained, volunteers at short notice. I can confirm that this procedure continues to be followed, and that DBS checks and training are being undertaken, where we have been informed of new leaders and helpers.

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

25 DBS checks, both new and at renewal, have been completed in 2021. 1 check for a PCC member remains outstanding. There are 8 new volunteer DBS checks awaiting my access to the ThirtyOneEight system.

40 Confidential Declaration forms, either new or updated, have been completed in 2021.

Leaders and helpers are unable to work with groups, or carry out their roles, either face to face or via Zoom, until current DBS checks and up-to-date Confidential Declaration forms have been completed. 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.

47 volunteers have completed Safeguarding training in 2021. It has previously been agreed by PCC that relevant training must be completed within 3 months of commencing in any role.

During 2021 we have been informed of six possible Safeguarding concerns. In addition, various procedural queries were raised by staff and volunteers. The Diocesan Safeguarding Office was contacted where necessary for advice and confirmation that actions taken were sufficient. After the initial responses, no further action was required, although staff and volunteers will continue to remain supportive and vigilant for those involved.

David Fairbourn Safeguarding Officer 09.03.2022

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Norwich South Deanery Synod Report for 2021

As churches emerged from the pandemic, discussions were ongoing about continuing streaming for its increased reach and helping those nervous about returning. Discussions around the eco church agenda continued – whilst it was recognised this could not supplant the great commission, environmental care was a part of care for God’s creation and a way of loving our neighbours. Cost issues for churches’ unnecessary upgrades on old buildings would be significant.

The clergy wellbeing covenant was also of current importance with relevant lay roles discussed.

Questions about communion had been escalated with regards to safely continuing communion in two kinds with individual cups.

Questions regarding Living in Love and Faith were ongoing; it is important to be orthodox on questions of marriage without being alienating or unwelcoming.

We are pleased to now have full lay representation as these important questions are progressed.

Jason Wilson

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HOLY TRINITY CHURCH. HEIGHAM. NORWICH rwHOLY TRINITY r4uNvYL Minutes of the Annual Vestry Meeting and Annual Parochial Church Meetlng held over Zoom on Wednesday 5 May 2021 at 7.30 pm The meeting VAS held as a Zoom onllne meeting (the￿ were 83 Zoom partidpants, although some "partICipan￿ Included more than one Indl¥idual}. Rlchard James welcomed everyone to the APCM on Zoom and gave an ov￿eW of the agenda. Rld)ard opened the meetlr8 wlth a prayer. Jmudu Edwards read from Acts 15.1-21 Rlchard remlnded the meetin8 of our Church vlslon- to make dlsdples who make dlsclples, brin8ln8 800d news to all and 810ry to ChrisL He looked back at 2020- year of zoom and year of mlrades In which God helped his Church not Just to survive but to grow and thrive; and hi8hll8hted the Opportuni￿e$ there had been to use new ways to evan8elise and see the Kingdom 8row. Movin8 Into 2021, Richard hi8hli8hted the verse of the year""Let us hold unswer¥ln8ty to the hope we profess. for he who prornlsed is falthfvl." Hebrews 10..23, and reflected that we have seen God's faithfulness as our Services and groups continued onllne throu8h the mst recent bckdown. Richard took the meetin8 throu8h the key events and tivitles that have taken place already this year, hi8hll8htlng many things to give thanks for. Lookln8 to the luture. Alchard hl8hll8hted three key areas of planned work: Listen and persuade- Biblkal indusion Work to 8row our welcome to all regardless of age, ethnlcity and culture- learnln8 how we can be better at Gospel Inclusion for all who God is calllng. Return and retaln." Mlnlsty POSt<OVID- Work to encourage our 8roups to Ilnd safe ways to navi8ète off Ztsjm and back in person, whlle reco8nisin8 what we have learnt about the value of1Svestream and Zoom for those unable to come In person, explorfn8 fakth or lookln8 for a Church. Pray and launch- Work to develop the new Pa￿Sh outreach strate8¥. being mlndful of helpful input from experienced practltioners in urban ministry and of the mak&up of our Parish communlty. Initlally there WOII be two maln areas of focus- Church members are encouraged to Joln In a weekly prayer meetlng through June. and later Sn June we wlll start knockin8 on our nei8hboufS' doors and let them know that the Church 55 here for them. Thls work will necessarily be slow and ynall to start wlth- Ilke plantlng seeds. but in klngdom temis potentlalfy fruitful and 8lorloLts. Church Members are encour4ed to Joln as they are able. to pray. to participate. to 8ive and to Share idea5 There was a break￿￿t seS￿On, where small 8roups each chaired by a PCC member shared ideas ab)ut *lhat have we learnt as a Church from the pandemic that we would want to keep once it Is overr 8111 Myall led prayers of thanksgivin8 and the comin8 year Pjge l of 4 th APCM 5 May 2021

HOLY TRINITY HOLY TRINITY CHURCH, HEIGHAM, NORWICH r4UNVY￿m Appolntmffit of Chw¢hw¥dens (or'meetlw of Parl#4Mers') Rlthard summarlsed the and duties of Church Warden5 and expressed 8ratltude to Andy Gray and Bill M¥all for thelr falthfvlness. wlsdom and prayerfulness durlng the last temi. Rlthèrd announced that nomlnatlons had been rece4ved for Anthi Grny and Blll Myall to serve a further temi as Wardens, and as no other nomlnatlons were received. he announced thelr electlon to seNe for 202112022. Rlchard then thanked Andy and Blll for thelr wlllln8ness to serve as Churchwardens and entthJra8ed the Church to pray for them. Elecilon of Four Pirothlal Cllwch C(xmdl Mèm Rlchard summarlsed the rose of a PCC Member and thanked retirln8 PCC members: Barbara Drake, Smon Elphlck, G￿herlTre Spokes and Vkkl HibbSns. He announced there were 3 vacancles on the PCC for threevtemi posltions and one tor one year to fill a casual vacancy; nomlnatlon had been recelved for 4 candidates. Rlchard IntrodU￿d the candldates: Rebekah De Lary Barbara Drake Tom Gray Tony Smlth Rlchard thanked the candldates and anTh)unced thelr elertlon. Rlchard has asked the candldates to express a preference for the 3-term or l-terni positlon to him by email. If there was no preference. he proposed that he and the Wardens wlll hold a prayerful dravAn8 of lots. There was no dlssent to thls suggest1￿. James Plnto led prayers to thank God for all of those who have completed thelr tern)s of ser¥lce in leadership roles and prayed for the newly eletted leaders (Wardens and PCC Members). 2020 Flnance (Dave Appleton, Treasurer) At the previous APCM the Treasurer had reported that giving was down and costs were up, mainly as a result of the pandemic and the appointment of new staff. It had been anticipated that with the reduced givin8 and Increased staff costs, if all other thln8s remainln8 as bud8eted for 2020, we would face a deficlt of £83,0(Kl In 2021. Thanks to a fantastlc response to the finance appeal, at the end of the year givin8 was up on the p￿iOUS year. In¢￿ase$ following that appeal amounted to around £50.1)Xi a year Includln8 Gift Aid. However, balandng a budget for thls year ￿rnaIned a thallen8e for the Church Coundl. Forthls year we are antlcipating income of £360k and spend of £376k. A shortfall of £16k. The Treasurer outlined the key areas of spend for the General Fund across World Mission and Dlsclpleship, Fabrlc and Administration. He hi8hli8hted other funds held for de￿8nated purposes, Page 2 of 4 APCM 5th May 2021

HOLY TRINITY CHURCH. HEIGHAM. NORWICH rwHOLY TRINITY NORWICH Includin8 Trainln& the Fabrlc Fund (for mah)r projects), the Jenny Lind Fund {bein8 used for outreach In the Jenny Lind areal. and the Hardshlp fund (whlch In the last year this has enabled us to help many In need in the community). The Treasurer thanked Churth Members for thelr generO￿ty aftd asked that they tontSnue to pray and to consider further ways their could support God's work he￿ financialty and In other ways. He asked Church Members to contact him If they would like to dlsctss thls further. Rlchard thanked Dave Appleton for hls clear presentstlon and for hls work as Treasurer this year. In reSP￿se to questions, the Treasurer rM)ted that: The ACPM Is not required to formalty approve the accounts as submltted, as thSs Is a reswnsibility of the PCC and has alrea(ty been done It Is the case that this yearfs bud8et is a deh'cit bud8et, and that we wlll r￿d to see increased 8ivin8 to meet the 83P. The Jenny Lind fund be8an wlth a donatlon. Dedsions re8ardin8 how tt wlll cont5nue to be spent wlll be inforn)ed by the derfelopment of the Parish Outreach Strategy. It can be spent on stafFin8 and In fart some of it has already funded the previous Jenny Und diildren's worker. PCC reyt, Dèanery Synod and Fabrlc Rep¢x1S The PCC report, Deanery and Fabric rep￿ts had been made avallable In advance of the meetin8 There were no questlons from Churth Members. Rlchard encoura8ed Church Members to prny for Deanery SyncKI members notln8 that Sandra Isaac Is now Chalr, and that Roger Hlbblns has recently been appolnted by the PCC as a member for Holv Trlnlty. Rlchard offered 8rateful thanks for the ser¥lce of Mlke Bach who has been Chair of the Fabrk Commlttee for the last 3 years and has now stepped down. New Members slnce APCM 2020 Andy Gray prayed for new members who have lolned slnce the last Annual Meetlng Rlchard reported that the Electoral Roll total was 248. Since the last APCM (October 20201 10 new people had joined and 11 had left; an overall net decrease of I person. Appn)val of Mlnutes of APCM 2020 Mlnutes of the APCfvI 21st October 2020 were accepted and sl8ned as an accurate record. Reappolntment of Ac<04*￿ftts and Independent Examlners The T￿asurer proposed that the firni of Ashton Shaw was reappolnted as Independent Examlners. As there were no dlssentlng vlews, thls was agreed. Page 3 of 4 APCM 5th May 2021

HOLY TRINITY HOLY TRINITY CHURCH. HEIGHAM. NORWICH Rlthard thanked everyone for c¢Thi8 to thls meelin8 and to thè whole Chwch famlly. Rlchard went on to express particular thanks to: pcc Church Wardens Mike Bach for his work as Chair of fabrlc group Staff Team- Mar8arete Cuffley. Dave Appleton, Rob Cannlffe, Nlc Caryer. Rlchard Cockaday, Lucy Cross, Gareth Evans and Hesam Salarl Jarnes aftd Anna Plnto Carole James Finally, James Pinto expressed thanks on behèlf of the Church to Richard and Carole for thelr leadership of the Church partlcularly durlng the challen8e5 of the last year. Rlthard condudod th• meetlw by leath￿ the Grace as a dos4￿ prayar Date ol Next APCM To be advised. Page 4 of 4 APCM 5 May 2021

Charity Registration No. 1132477 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr Philip Courtier Ms Michele Curtis Dr Thomas Gray Ms Barbara Drake DrAnlony Smith Ms Sandra Isaac Mr Jason Wlson Mr Jonathan Mason {Appointed 5 May 2021) {Appoinled 5 May 20211 {Appointed 27 September 20211 {Appointed 28 April 20211 Mr Rogef Hibbins Mr Alex Russell Mr Wlliam Myall Ms Rosamund O'Donnell Mr Paul Henery {Appointed 1 January 20221 Revd Dr Richard James Charity number 1132477 Principal address 110A Trinity Streel Nomch Norfolk NR2 2BJ Independent examiner Dominic Shaw FCCA Aston Shaw Limited The Union Building 51-59 Rose Lane Norwth Norfolk Englanil NR1 1BY

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH CONTENTS Pa Independent examinerfs report Stslement of financial activities Balance sheet Notes lo the finanaal statements 5-19

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH I report lo the Iru51ees on my examination of the finanual slatemenls of The Parothial Church Counol of the Ecclesiasli¢al Parish of Heigham. Norwch (the Chaiity) for the year ended 31 December 2021. Responsibilities and basis of report As the trustees of ihe Charity you are ￿sponSible for the preparation of the financjal stslements in accordance with the requiiemenls of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the Chanty's finanual statements carrted out under section 145 of the 2011 Act. In carrying out my exarninalion I have follo%%Ed all the applicable Directions given by the Charity Commission under se¢lion 14515llbl ol the 2011 Act. Indapendent examinerfs 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 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of ACCA , which is one of the lisleil bodies. Your attention is drawn lo the facl that the charity has p￿pared financial slatements in accoidance with Accounting and Reporting by Charities preparing their accounls in accordance with the Finanaal Reporting Slandaid applicable in the UK and Republic of Ireland IFRS 1021 in p￿ference to the Accounting and Reporting by Charities.. Statement of Recommended Pradi¢e issued on 1 April 2005 which is referred lo in the extant regulations but has now been withdravm. l understand that this has been done in order for financial stalements to Provide a true and fair view in accordance wlh Generally Accepted Accounting Practice effective fot repotts.ng periods beginning on or after 1 January 2015. I have cornpleled my examination. I confim) that no matters have come lo my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respecl ol the Charity as iequired by section 130 of the 2011 Act,. or the financial stslements do not a¢cord wth those records.. or the financial slatements do not comply with the applrcable requirements conceming the form and ¢onlenl of accounts sel out in the Chanlies IA¢counis and Reports) Regulations 2008 other than any requirement that the accoun15 give a true and fair wew ￿lch is not a rnatter consideied as part ol an independent examination. I have no concems and have come across no other matters in connection with the exarninalion to which attention should be dTawT in this report in order to enable a proper understanding ol the financial stalements lo be reached. Oominic Shaw FCCA Aston Shaw Limited The Union Building 51-59 Rose Lane Norw¢h Norfolk NR1 1BY England Dated..

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH BALANCE SHEET ASAT31 DECEMBER2021 2021 2020 Notes Fixed assets Tangible assets Investment properties CBF Church of England Deposit Account 10 11 12 24,885 483,000 42,818 34,796 430.000 42,818 550,703 507,614 Currant ass8ts Debtors Cash al bank and in hand 13 12.000 239.410 12,741 237,419 251,410 250.160 Creditors: amounts falling duo vAthln one year 14 {8.3131 17.609) Nel Current assets 243,097 242,551 Totsl assets less current liabilities 793.800 750,165 Capital funds Endowment funds- general Income funds Reslcicted ftjnds Unrestricted funds 31.991 31,991 3,053 758,756 833 717,341 793.800 750,165 The financial ents wer proved by the Twstees on ... Illiam Myall Trust08 Mr Paul Henery Trustee

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 A¢¢ovnting poli¢l9$ Charity inforniation The Parochial Church Counul of the Ecclesiasb"¢al Parish of Heigham, is a unincorporated charity. 1.1 Accounting conv&ntion The fin8n¢ial statements have been prepared in accordance wih Ihe Charity's consb"lulion, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. I'FRS 1021 and the Chanlies SORP "A¢¢ounling and Reporting by Charities.. Stalemenl of Recommended Pracliff applicable lo ¢harities preparing their accounls in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" leffectsve 1 January 20191. The Charity is a Public 8enefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charitres not lo prepare a Slalement of Cash Flows. The finanaal statements have departed from the Charities {Accounls and Reports) Regulations 2008 only to the exient required to provide a true and fair wew. This departure has involved following the Slatemenl of Recommended Piactice for ¢harilies applying FRS 102 raiher than the version of the Slalemenl of Recommended Practice ￿lch is referred to in the Regulations but Ythich has since been wilhdrawn. The finan¢ial stalements are prepared in sterling. ￿lch is the funth.onal currency of the Charity. Monetary amounts in these financial statements a￿ rthjnded lo Ihe nearest r. The finanual statements have been piepared under the historical ¢ost convention. modified lo include the revaluation of freehold properties and lo indude investment properties and certain financjal instruments al fair value. The principal accounting poliues adopted aye set out below. 1.2 Going ¢on¢8rn Al the time of approving the finanual statements. the Iruslees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the fO￿Seeable future. Thus the trustees continue to adopt Ihe going concein basi5 01 accounting in preparing the financial statements. 1.3 Charitable funds Unrestricied lunds are those funds that are held for spending al the PCC'S discretion. These include any further fvnds, which the PCC has de5ignaled for pa￿C￿lar purposes fdesignated fvnds'l. Unreslricled funds comprise".

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 A¢¢ountlng polle￿$ IContlnu•dl General funds Funds of the PCC Ihat are not subject to any restrictions ￿gardIng their use and are available for applicalion for the general pU￿oSeS of the PCC. Tangible ffixedFunds set-aside by deasion of the PCC to reffect monies tied-up in tsngible fixed assets assets reserve and hence not readily expendable wlhout disposal of the relevant assets. Investment property reseNe Funds set-aside by decision of the PCC lo relled mnies tied-up in the investment property and hence not ￿dIlY expendable ￿thout disposal of the investment property. Training ftjnd Funds set-aside by de(ision of the PCC in 2018 to cover the costs over 3 years of training a Children's Worker. Fabric fund Funds sel-aside by deuson of the PCC in 2018 to cover the costs of any one-off or occasional building or fumishing Projects (designation clarified by PCC in 20191. PCC approved an additional transfer into this fund during 2021. Jenny project fund LindFunds set-aside by deusion 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 areal, including the employment of staff vtho will support this ministry (designation clarified by PCC in 20191. In 2021 the PCC'S strategy for progressing this ministry was developed". this is now integral to the church's overall parish outreach which is funded from Ihe general funds and no clear plan had emerged from the strategy for how the Jenny Lind fund would be used within ils existing designalion. The PCC therefore approved the de-de5ignation of the Jenny Lind fund and the remaining lunds were IransferTed lo the general funds in 2021. Ongoing ministry in the Norlh East of the parish wll be funded from general funds. The donor who had initially prowded the fvnds was consulted and supported this decision. Restricted funds are those that ale stjbject to specrfic Injsts. For the purposes of these accounts, the funds held under this heading are the 'income funds. i.e. they mLtst be spent on the spe¢ified purposelsl urithin a reasonable period of time. Any balance remaining un5penl al the end of each year must be carried forward as a balance on that fund. The PCC does nol usually invest separately for each fiJnd. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. Restricted 'income' funds comprise.. Hardship Fund Donations for the Hardship Fund were collected during 2020 and 2021 for the supwrt of individuals and families vthin our Congregation or community who are in severe hardship.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Accounting Wi¢ie$ IContlnu&dl Endowment funds a￿ fijnds. the capital of ￿lch must be maintained.. only income arising from investment of Ihe endowment rnay be used either as reslricted or unrestricted fvnds depending upon the purpose for which the endowment was established. Endowment funds comprise." Bransby Lega¢y An endowment vthh inleiest eamiarked for costs of youth work. The assets of the legacy ale helif on depos11 within the CBF Chur¢h of England Deposit Fund. 1.4 Income Income is recognised vjhen the Charity is legally enlitled to il after any performance condib'ons have been mel, the amounts can be measured ieliably. and Il is probable that income will be received. Cash donations are recognised on receipt. Oiher donations are recognised once the Charity has been notified of the donation, unless performance condilions require deferral of the amount. Incorne lax re¢overable in relab'on to donations ie¢eived under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacie5 are recognised on receipt or olhewse rf the Charity has been notified of an impending distribution, the amount is known. and receipl is expected. If the amoLsnt is not known. the legacy is trealed as a conlingenl asset. 1.5 Expenditure Expenditure is re￿gnIsed on¢e Iheie is a legal or ￿nStruCtive obligation to transfw economic benefit to a third party, it is probable Ihat a iransfer of economic benefits wl1 be required in settlement. and the amoL•nt of the obligation can be measured reliably. Expenditure is classified by activily. The cosls of each aciivity are made up of the total of direct costs and shared costs, induding sUPPOrt costs involved in undertaking each aclivily. DI￿¢1 costs allributable to a single a¢tivity are allo¢aled dire¢lly lo that aclivity_ Shared Costs which contribute to more Ihan one activity and support costs vthich are not aitributable to a single actiwly are apportioned belween those activities on a basis consislenl wlh the use of resources. Cenlral staff costs are allocated on the basis of lime spent, and depiecialion chaiges are allocated on the portion of the asset's use. Grants and donations are accounted for vthen paid over, or ￿en awarded, if that award creates a binding obligation on the PCC. The diocesan parish share Is accounted for when paid. Because il is not a legal liability. any parish share unpaid al 31 De¢ember is not provided in these finanoal statements except to the extent that the PCC has resolved to pay the shortfall. All other expenditure is generally recognised when il is incurred and is accounled for gross. 1.6 Tangible fixed as$ets Tanoible fixed assets are initially measured al Cost and subsequently measured al cost or valuation, net of depreciation and any impairment losses. Deprecialion is recognised so as to wrile off Ihe cosl or valuabon of assets less Iheir residual values over their useful lives on the followng bases.. Freehold improvements Olher office equipment 10°k Slraighl Line 25% Straight Line The gain 01 loss arising on the disposal of an asset is delermined as the difference between the sale proceeds and the carrying value of the asset. and is recognised in the statement of financial activities.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Accounting policies Icontlnuedl 1.7 Investment prop•rtlg$ Investment properties for which fair value can be measured reliably wthout undue cost or effort are rneasured al fair value at each reporting date wlh changes in fail value recognised in 'nel gains l {lossesl on inveslmenls, in the SOFA. 1.8 Impairment of fixed assets Al each reporting end dale, the Charity reviews the carrying amounts of lis tangible assets lo determine ether there is any indication thal those assets have suffe¥ed an impaimient loss. If any such indication exisls, the recoverable amount of the asset is estimated in order lo determine the extent of the impaimienl loss {if any). 1.9 Cash and cash equivalents Cash and cash equivalents include cash in hand. deposits held at call wth banks, other short-term liquid investments yrilh original malurilies of three months or less. and bank overdrafts. Bank overdrafts are shovm within borrowin9s in currenl liabilities. 1.10 Financial Instruments The Charity has elecled to apply the prowsions of Section 11 'Bas¢c Finanual Instruments. and Section 12 'Other Financial Instrumenls Issues. of FRS 102 to all of its financ4al instruments. Financial instruments a￿ recognised in the Charity's balance sheet when the Charity becomes party lo the contractual provisions of the instrument Financial assets and liabilibes are offset, wth the net amounts presented in the financial stalemenls. when there is a legally enforceable right to sel off the recognised amounts and there is an intention to settle on a nel basis or to Tealise the asset and settle the liabilty simultaneously. Basic financial assets Basic financial assets. which indude debtors and cash and bank balances, are inrtially measured at transaction price in¢luding transaction ¢osls and are subsequenuy carried at amortised cost usino the effective interest method unless the arrangement constitutes a financing Iransaclion. where the transaction is measured at the present value of the future receipts discounted at a market rale of interest. Financial assets classifieil as receivable V￿thIn one year are not am0￿Sed. Basic financial liabilities Basic fin8ncial liabilities, including creditors and bank loans are initially recognised al transaction price unless the arrangement constitutes a financing transaction. vthere Ihe debt instrument Is measured al the present value of the future payrnents discounted al a market rale of interest. Finan¢ial liabilities dassified as payable within one year are not amortised. Debt instruments are subsequenUy carried at amortised cost. using the effective Inte￿$t rate method. Trade cred(tors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounis payable are dassified as cuThent liabilities rf payment is due wlhin one year or less. If not. they are presented as non-currenl liatM"lilies. Trade (xedilors are recognised initially at Iransaclion price and subsequently measured al amorb.sed cost using the effective inlerest method. Derecognition of financial liabililies Finanaal liabilities are derecognised vthen the Charity's contractual obligations expire or are discharged or cancelled.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2021 Accountlng pollclès IContlnu•dl 1.11 Employee benefits The cosl of any unused holiday entiuement is recognised in the period in which the employee's services are receive<l. Temiination benefits are recognised immediately as an expense when the Charily is demonstrably Committed lo terminate the employment of an employee or lo provide temiinalion benefits. 1.12 Retirement benefits The charity offers membership of a defined conlribution pension scheme to its employees. Contributions payable are charged in the Statement of Finanaal Activities in the period to which they relate. The charity h35 no responsibility for the marTragerrtenl of the pension scheme, Wiich is prowded by a third party. Donations and legacies Unr8strict8d Rèstrictèd funds funds Total Unrestricted Restricted funds funds Total 2021 2021 2021 2020 2020 2020 Giving- standing orders Giving- Sunday colleclions Giving- other planned Giving- other Income tsx recoverable IGift Aid) Grants Legacies received 254.103 254.103 226.614 226,614 1.345 15,717 18.791 1.345 15,717 21.261 1.077 14,796 20.436 1,077 14,796 33,147 2.4170 12,711 56.125 225 3.662 525 56.650 225 3.662 51,675 1,118 2,248 53,923 1,118 349,968 2.995 352.963 315,716 14,959 330,675 Charitable activiti69 Charitable Charitable In¢om¥ Incomg 2021 2020 Wedding & ftjneral fees Chu¥ch & hall hire Other receipts 885 1,050 1,919 707 701 3,005 3,854 4,413

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 other trading activities Unrestricted Endovhnent funds funds genèral 2021 Total Unrestricted Endobvrnenl fvnds funds general 2020 Total 2021 2021 2020 2020 Rental ineome126 Trinity Street) Interest received 11,670 37 11.670 69 9.250 9,250 244 32 178 Olher trading aclivities 11.707 32 11.739 9.316 178 9,494 10-

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Grants payable 2021 2020 Mission grants- indiwdual partners 24,272 22.743 Mission grants- agencies 12,800 12.850 37,072 35.593 Dlocesan Parish Share The parish share allocaled lo the PCC for 2021 was £90.IM)012020 £90,000). This reflects the overall cost of clergy within the Diocese and a method of allocation based upon elements, the actual cost of ministry within a benefice Iwhi¢h for Holy Trinity equ*es lo Ihe parish) and a contribuiion to the cosl of mission and ministry across the Diocese. In 2021 Ihe PCC paid ils full £90.000 parish share 12020 paid £90,000 in full). The Diocese has agreed lo reqtresl a parish share at the same level as that paid in 2021 {£90.0001 for Ihe year ending 31 December 2022. Employee$ The average monthly number of employees during the year was.. 2021 Number 2020 Number Church adivities Management and administration Tolal Employment costs 2021 2020 Wage5 3nLf salaries Other pension costs 125,266 4.811 108,812 3,747 129,877 112,559 13-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Employees (Continued) During the year the PCC employed the followng staff.. a church manager {lefi September), Iwo ministry assistants lone left August. one appointed Seplemberl, Iwo youth and children's workers, a part-time young people's coordinator (Jenny Lind) (left March), a caretaker. a part-time maintenance operative Ileft Seplemberl. a part-time administrator, a part-time organist. a part-b.me parish mission enabler (appointed September) and a graphics assistsnl on a casual basis PCC Members and Related Parties There was no remunerab'on or other benefits paid lo PCC members in their capacity as members for the year ended 31st December 2021 nor for the year ended 31$1 December 2020, During the yeai the followng disdosable transaclions occurred in respect of PCC members, persons closely connecteij lo them or other related parties". A salary was paid lo three PCC members or related parties during the year lo 31s1 De¢ember 2021.. Mr O Appleton {PCC member until May 2021 and treasU￿rI, administrator £7,86012020'. £7,856) Mr R Canniffe IPCC member), ministry assistant until August 2021.. £12.94912020". £17,674) - Mrs C James {wfe of PCC chairl. parish mission enabler from September 2021". £2.902 {2020.' £01 A mission grant was paid lo one PCC member or relaled paty during the year lo 31st December 2021.. - Miss R O'Donnell {PCC membeT) £2.591 {2020- £2.0501 In connection with the activities ofthe Church. PCC members We￿ reimbursed inudent31 expenses incurred in the course of the year. There were no employees whose annual remunerabon was more than £60.000. Independent Examlner's Remunoratlon The independent examinerfs remunwalion amounts to an independent examination fee of £1.560 12020.. £1,560) and payroll services of £1.06212020= £9601. the latter of thich are induded wlhin 'PayToII and HR Support,. 14-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 10 Tangible fixed assets Freehold Other officfr Improvfrm8Tht8 equlpmont Yotal Cost At 1 January 2021 Additions 61.125 81.341 3,250 142,466 3,250 At 31 December 2021 61.125 84,591 145,716 Depreciation and impaimient At 1 January 2021 Depreciation charged in the year 55,160 1,987 52,511 11,173 107,671 13,160 Al 31 Decembei 2021 57,147 63,684 120,831 Carying amount At 31 December 2021 3,978 20,907 24,885 At 31 December 2020 5,965 28,831 34,796 11 Investment property 2021 Fair value Al 1 January 2021 Nel gains or losses through fair value adjustments 430,000 53.000 Al 31 December 2021 483,000 In early 2019, the investment propety. being the house at 26 Trinty Street, was infomally valued by a local agency to be in Ihe region of £430,000- £450.000 based on recent sale values of nearby properties and their kn￿edge of this property. Wilh this in mind. members of the PCC approved a valuation for this property of £430,000 as at 31 Dec£mber 2018, wrth the resulting revaluation adjuslmenl refle¢led in the Accounts for the year ended 310ecember 2018. PCC reMews this valuation annually and in January 2022 approved a revised valualion as at the end of 2021 of £483.000 reflecting increased house prices in the area and the estimate on the property priung website Zoopla. The net book value of the investment property is attributable to the investment fund. 15-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 11 Inv&stm•nt property (Continued) 2021 2020 Freehold Propety 483,000 430,000 483,000 430,000 12 CBF Church of England Deposit Fund At 1 January 20214nd at 31 De¢ember2021 42,818 Funds held on deposit include amounts attributable to the Bransby Legacy. 13 Dobtors 2021 2020 Amounts falling due within one year- Income lax recoverable on Gift Aid donations Other debtors Prepayments and accrued income 4,512 1,928 5,560 6,176 1,803 4.762 12,000 12.741 14 Créditors.. amounts falling due within one year 2021 2020 Other creditors 8,313 7.609 16-

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 16 Movement in unrestricted funds Tangible fixed assets reservelgeneral lunds and Fabric Fund- transfer to match the nel valLJe tied up in tangible fixed assets Fabric Fund (Chairs and screen) Fabric Fund (transfer from general lunds approved by PCCI Jenny Lind Fvnd {d&designation approved by PCC) General funds 14,4611 15,4491 40.000 194,5991 64.509 Net Tolal 17 Given to Mission and Social Actlon for the Paro¢hi•l Church Councll of Holy Trinity Church for tho year ended 31 Dècèmbèr 2021 Totsl 2021 Total 2020 Indivlduals: SIM - Penny Bakewell WBT- Tony and Carol Smith WEC- Colin Bearup GEM - Rachel Spencer UCCF - Rosie O'Donnell MAF - Nathanael Smith Travel Expenses 4,182 3,049 8,339 4,111 2.591 4,100 5,125 8,175 3,050 2,050 243 24,272 22,743 National Agencles: CPAS Frlends International UCCF Church of England Evangelical Council Global Leadership Network 1,1 1,1 I,ioo I,ioo 600 1,000 21XI 3,800 Local Organisations: English + Magdalen Project Norwich Youth for Christ UEA Christian Union 6,000 1,100 1,100 850 9,050 I,iIKJ 1,1 18-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 17 IContinu8dl Total 37.072 35.593 19-

Charity Registration No. 1132477 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr Philip Courtier Ms Michele Curtis Dr Thomas Gray Ms Barbara Drake DrAnlony Smith Ms Sandra Isaac Mr Jason Wlson Mr Jonathan Mason {Appointed 5 May 2021) {Appoinled 5 May 20211 {Appointed 27 September 20211 {Appointed 28 April 20211 Mr Rogef Hibbins Mr Alex Russell Mr Wlliam Myall Ms Rosamund O'Donnell Mr Paul Henery {Appointed 1 January 20221 Revd Dr Richard James Charity number 1132477 Principal address 110A Trinity Streel Nomch Norfolk NR2 2BJ Independent examiner Dominic Shaw FCCA Aston Shaw Limited The Union Building 51-59 Rose Lane Norwth Norfolk Englanil NR1 1BY

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH CONTENTS Pa Independent examinerfs report Stslement of financial activities Balance sheet Notes lo the finanaal statements 5-19

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH I report lo the Iru51ees on my examination of the finanual slatemenls of The Parothial Church Counol of the Ecclesiasli¢al Parish of Heigham. Norwch (the Chaiity) for the year ended 31 December 2021. Responsibilities and basis of report As the trustees of ihe Charity you are ￿sponSible for the preparation of the financjal stslements in accordance with the requiiemenls of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the Chanty's finanual statements carrted out under section 145 of the 2011 Act. In carrying out my exarninalion I have follo%%Ed all the applicable Directions given by the Charity Commission under se¢lion 14515llbl ol the 2011 Act. Indapendent examinerfs 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 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of ACCA , which is one of the lisleil bodies. Your attention is drawn lo the facl that the charity has p￿pared financial slatements in accoidance with Accounting and Reporting by Charities preparing their accounls in accordance with the Finanaal Reporting Slandaid applicable in the UK and Republic of Ireland IFRS 1021 in p￿ference to the Accounting and Reporting by Charities.. Statement of Recommended Pradi¢e issued on 1 April 2005 which is referred lo in the extant regulations but has now been withdravm. l understand that this has been done in order for financial stalements to Provide a true and fair view in accordance wlh Generally Accepted Accounting Practice effective fot repotts.ng periods beginning on or after 1 January 2015. I have cornpleled my examination. I confim) that no matters have come lo my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respecl ol the Charity as iequired by section 130 of the 2011 Act,. or the financial stslements do not a¢cord wth those records.. or the financial slatements do not comply with the applrcable requirements conceming the form and ¢onlenl of accounts sel out in the Chanlies IA¢counis and Reports) Regulations 2008 other than any requirement that the accoun15 give a true and fair wew ￿lch is not a rnatter consideied as part ol an independent examination. I have no concems and have come across no other matters in connection with the exarninalion to which attention should be dTawT in this report in order to enable a proper understanding ol the financial stalements lo be reached. Oominic Shaw FCCA Aston Shaw Limited The Union Building 51-59 Rose Lane Norw¢h Norfolk NR1 1BY England Dated..

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH BALANCE SHEET ASAT31 DECEMBER2021 2021 2020 Notes Fixed assets Tangible assets Investment properties CBF Church of England Deposit Account 10 11 12 24,885 483,000 42,818 34,796 430.000 42,818 550,703 507,614 Currant ass8ts Debtors Cash al bank and in hand 13 12.000 239.410 12,741 237,419 251,410 250.160 Creditors: amounts falling duo vAthln one year 14 {8.3131 17.609) Nel Current assets 243,097 242,551 Totsl assets less current liabilities 793.800 750,165 Capital funds Endowment funds- general Income funds Reslcicted ftjnds Unrestricted funds 31.991 31,991 3,053 758,756 833 717,341 793.800 750,165 The financial ents wer proved by the Twstees on ... Illiam Myall Trust08 Mr Paul Henery Trustee

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 A¢¢ovnting poli¢l9$ Charity inforniation The Parochial Church Counul of the Ecclesiasb"¢al Parish of Heigham, is a unincorporated charity. 1.1 Accounting conv&ntion The fin8n¢ial statements have been prepared in accordance wih Ihe Charity's consb"lulion, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. I'FRS 1021 and the Chanlies SORP "A¢¢ounling and Reporting by Charities.. Stalemenl of Recommended Pracliff applicable lo ¢harities preparing their accounls in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" leffectsve 1 January 20191. The Charity is a Public 8enefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charitres not lo prepare a Slalement of Cash Flows. The finanaal statements have departed from the Charities {Accounls and Reports) Regulations 2008 only to the exient required to provide a true and fair wew. This departure has involved following the Slatemenl of Recommended Piactice for ¢harilies applying FRS 102 raiher than the version of the Slalemenl of Recommended Practice ￿lch is referred to in the Regulations but Ythich has since been wilhdrawn. The finan¢ial stalements are prepared in sterling. ￿lch is the funth.onal currency of the Charity. Monetary amounts in these financial statements a￿ rthjnded lo Ihe nearest r. The finanual statements have been piepared under the historical ¢ost convention. modified lo include the revaluation of freehold properties and lo indude investment properties and certain financjal instruments al fair value. The principal accounting poliues adopted aye set out below. 1.2 Going ¢on¢8rn Al the time of approving the finanual statements. the Iruslees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the fO￿Seeable future. Thus the trustees continue to adopt Ihe going concein basi5 01 accounting in preparing the financial statements. 1.3 Charitable funds Unrestricied lunds are those funds that are held for spending al the PCC'S discretion. These include any further fvnds, which the PCC has de5ignaled for pa￿C￿lar purposes fdesignated fvnds'l. Unreslricled funds comprise".

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 A¢¢ountlng polle￿$ IContlnu•dl General funds Funds of the PCC Ihat are not subject to any restrictions ￿gardIng their use and are available for applicalion for the general pU￿oSeS of the PCC. Tangible ffixedFunds set-aside by deasion of the PCC to reffect monies tied-up in tsngible fixed assets assets reserve and hence not readily expendable wlhout disposal of the relevant assets. Investment property reseNe Funds set-aside by decision of the PCC lo relled mnies tied-up in the investment property and hence not ￿dIlY expendable ￿thout disposal of the investment property. Training ftjnd Funds set-aside by de(ision of the PCC in 2018 to cover the costs over 3 years of training a Children's Worker. Fabric fund Funds sel-aside by deuson of the PCC in 2018 to cover the costs of any one-off or occasional building or fumishing Projects (designation clarified by PCC in 20191. PCC approved an additional transfer into this fund during 2021. Jenny project fund LindFunds set-aside by deusion 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 areal, including the employment of staff vtho will support this ministry (designation clarified by PCC in 20191. In 2021 the PCC'S strategy for progressing this ministry was developed". this is now integral to the church's overall parish outreach which is funded from Ihe general funds and no clear plan had emerged from the strategy for how the Jenny Lind fund would be used within ils existing designalion. The PCC therefore approved the de-de5ignation of the Jenny Lind fund and the remaining lunds were IransferTed lo the general funds in 2021. Ongoing ministry in the Norlh East of the parish wll be funded from general funds. The donor who had initially prowded the fvnds was consulted and supported this decision. Restricted funds are those that ale stjbject to specrfic Injsts. For the purposes of these accounts, the funds held under this heading are the 'income funds. i.e. they mLtst be spent on the spe¢ified purposelsl urithin a reasonable period of time. Any balance remaining un5penl al the end of each year must be carried forward as a balance on that fund. The PCC does nol usually invest separately for each fiJnd. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. Restricted 'income' funds comprise.. Hardship Fund Donations for the Hardship Fund were collected during 2020 and 2021 for the supwrt of individuals and families vthin our Congregation or community who are in severe hardship.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Accounting Wi¢ie$ IContlnu&dl Endowment funds a￿ fijnds. the capital of ￿lch must be maintained.. only income arising from investment of Ihe endowment rnay be used either as reslricted or unrestricted fvnds depending upon the purpose for which the endowment was established. Endowment funds comprise." Bransby Lega¢y An endowment vthh inleiest eamiarked for costs of youth work. The assets of the legacy ale helif on depos11 within the CBF Chur¢h of England Deposit Fund. 1.4 Income Income is recognised vjhen the Charity is legally enlitled to il after any performance condib'ons have been mel, the amounts can be measured ieliably. and Il is probable that income will be received. Cash donations are recognised on receipt. Oiher donations are recognised once the Charity has been notified of the donation, unless performance condilions require deferral of the amount. Incorne lax re¢overable in relab'on to donations ie¢eived under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacie5 are recognised on receipt or olhewse rf the Charity has been notified of an impending distribution, the amount is known. and receipl is expected. If the amoLsnt is not known. the legacy is trealed as a conlingenl asset. 1.5 Expenditure Expenditure is re￿gnIsed on¢e Iheie is a legal or ￿nStruCtive obligation to transfw economic benefit to a third party, it is probable Ihat a iransfer of economic benefits wl1 be required in settlement. and the amoL•nt of the obligation can be measured reliably. Expenditure is classified by activily. The cosls of each aciivity are made up of the total of direct costs and shared costs, induding sUPPOrt costs involved in undertaking each aclivily. DI￿¢1 costs allributable to a single a¢tivity are allo¢aled dire¢lly lo that aclivity_ Shared Costs which contribute to more Ihan one activity and support costs vthich are not aitributable to a single actiwly are apportioned belween those activities on a basis consislenl wlh the use of resources. Cenlral staff costs are allocated on the basis of lime spent, and depiecialion chaiges are allocated on the portion of the asset's use. Grants and donations are accounted for vthen paid over, or ￿en awarded, if that award creates a binding obligation on the PCC. The diocesan parish share Is accounted for when paid. Because il is not a legal liability. any parish share unpaid al 31 De¢ember is not provided in these finanoal statements except to the extent that the PCC has resolved to pay the shortfall. All other expenditure is generally recognised when il is incurred and is accounled for gross. 1.6 Tangible fixed as$ets Tanoible fixed assets are initially measured al Cost and subsequently measured al cost or valuation, net of depreciation and any impairment losses. Deprecialion is recognised so as to wrile off Ihe cosl or valuabon of assets less Iheir residual values over their useful lives on the followng bases.. Freehold improvements Olher office equipment 10°k Slraighl Line 25% Straight Line The gain 01 loss arising on the disposal of an asset is delermined as the difference between the sale proceeds and the carrying value of the asset. and is recognised in the statement of financial activities.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Accounting policies Icontlnuedl 1.7 Investment prop•rtlg$ Investment properties for which fair value can be measured reliably wthout undue cost or effort are rneasured al fair value at each reporting date wlh changes in fail value recognised in 'nel gains l {lossesl on inveslmenls, in the SOFA. 1.8 Impairment of fixed assets Al each reporting end dale, the Charity reviews the carrying amounts of lis tangible assets lo determine ether there is any indication thal those assets have suffe¥ed an impaimient loss. If any such indication exisls, the recoverable amount of the asset is estimated in order lo determine the extent of the impaimienl loss {if any). 1.9 Cash and cash equivalents Cash and cash equivalents include cash in hand. deposits held at call wth banks, other short-term liquid investments yrilh original malurilies of three months or less. and bank overdrafts. Bank overdrafts are shovm within borrowin9s in currenl liabilities. 1.10 Financial Instruments The Charity has elecled to apply the prowsions of Section 11 'Bas¢c Finanual Instruments. and Section 12 'Other Financial Instrumenls Issues. of FRS 102 to all of its financ4al instruments. Financial instruments a￿ recognised in the Charity's balance sheet when the Charity becomes party lo the contractual provisions of the instrument Financial assets and liabilibes are offset, wth the net amounts presented in the financial stalemenls. when there is a legally enforceable right to sel off the recognised amounts and there is an intention to settle on a nel basis or to Tealise the asset and settle the liabilty simultaneously. Basic financial assets Basic financial assets. which indude debtors and cash and bank balances, are inrtially measured at transaction price in¢luding transaction ¢osls and are subsequenuy carried at amortised cost usino the effective interest method unless the arrangement constitutes a financing Iransaclion. where the transaction is measured at the present value of the future receipts discounted at a market rale of interest. Financial assets classifieil as receivable V￿thIn one year are not am0￿Sed. Basic financial liabilities Basic fin8ncial liabilities, including creditors and bank loans are initially recognised al transaction price unless the arrangement constitutes a financing transaction. vthere Ihe debt instrument Is measured al the present value of the future payrnents discounted al a market rale of interest. Finan¢ial liabilities dassified as payable within one year are not amortised. Debt instruments are subsequenUy carried at amortised cost. using the effective Inte￿$t rate method. Trade cred(tors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounis payable are dassified as cuThent liabilities rf payment is due wlhin one year or less. If not. they are presented as non-currenl liatM"lilies. Trade (xedilors are recognised initially at Iransaclion price and subsequently measured al amorb.sed cost using the effective inlerest method. Derecognition of financial liabililies Finanaal liabilities are derecognised vthen the Charity's contractual obligations expire or are discharged or cancelled.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2021 Accountlng pollclès IContlnu•dl 1.11 Employee benefits The cosl of any unused holiday entiuement is recognised in the period in which the employee's services are receive<l. Temiination benefits are recognised immediately as an expense when the Charily is demonstrably Committed lo terminate the employment of an employee or lo provide temiinalion benefits. 1.12 Retirement benefits The charity offers membership of a defined conlribution pension scheme to its employees. Contributions payable are charged in the Statement of Finanaal Activities in the period to which they relate. The charity h35 no responsibility for the marTragerrtenl of the pension scheme, Wiich is prowded by a third party. Donations and legacies Unr8strict8d Rèstrictèd funds funds Total Unrestricted Restricted funds funds Total 2021 2021 2021 2020 2020 2020 Giving- standing orders Giving- Sunday colleclions Giving- other planned Giving- other Income tsx recoverable IGift Aid) Grants Legacies received 254.103 254.103 226.614 226,614 1.345 15,717 18.791 1.345 15,717 21.261 1.077 14,796 20.436 1,077 14,796 33,147 2.4170 12,711 56.125 225 3.662 525 56.650 225 3.662 51,675 1,118 2,248 53,923 1,118 349,968 2.995 352.963 315,716 14,959 330,675 Charitable activiti69 Charitable Charitable In¢om¥ Incomg 2021 2020 Wedding & ftjneral fees Chu¥ch & hall hire Other receipts 885 1,050 1,919 707 701 3,005 3,854 4,413

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 other trading activities Unrestricted Endovhnent funds funds genèral 2021 Total Unrestricted Endobvrnenl fvnds funds general 2020 Total 2021 2021 2020 2020 Rental ineome126 Trinity Street) Interest received 11,670 37 11.670 69 9.250 9,250 244 32 178 Olher trading aclivities 11.707 32 11.739 9.316 178 9,494 10-

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Grants payable 2021 2020 Mission grants- indiwdual partners 24,272 22.743 Mission grants- agencies 12,800 12.850 37,072 35.593 Dlocesan Parish Share The parish share allocaled lo the PCC for 2021 was £90.IM)012020 £90,000). This reflects the overall cost of clergy within the Diocese and a method of allocation based upon elements, the actual cost of ministry within a benefice Iwhi¢h for Holy Trinity equ*es lo Ihe parish) and a contribuiion to the cosl of mission and ministry across the Diocese. In 2021 Ihe PCC paid ils full £90.000 parish share 12020 paid £90,000 in full). The Diocese has agreed lo reqtresl a parish share at the same level as that paid in 2021 {£90.0001 for Ihe year ending 31 December 2022. Employee$ The average monthly number of employees during the year was.. 2021 Number 2020 Number Church adivities Management and administration Tolal Employment costs 2021 2020 Wage5 3nLf salaries Other pension costs 125,266 4.811 108,812 3,747 129,877 112,559 13-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Employees (Continued) During the year the PCC employed the followng staff.. a church manager {lefi September), Iwo ministry assistants lone left August. one appointed Seplemberl, Iwo youth and children's workers, a part-time young people's coordinator (Jenny Lind) (left March), a caretaker. a part-time maintenance operative Ileft Seplemberl. a part-time administrator, a part-time organist. a part-b.me parish mission enabler (appointed September) and a graphics assistsnl on a casual basis PCC Members and Related Parties There was no remunerab'on or other benefits paid lo PCC members in their capacity as members for the year ended 31st December 2021 nor for the year ended 31$1 December 2020, During the yeai the followng disdosable transaclions occurred in respect of PCC members, persons closely connecteij lo them or other related parties". A salary was paid lo three PCC members or related parties during the year lo 31s1 De¢ember 2021.. Mr O Appleton {PCC member until May 2021 and treasU￿rI, administrator £7,86012020'. £7,856) Mr R Canniffe IPCC member), ministry assistant until August 2021.. £12.94912020". £17,674) - Mrs C James {wfe of PCC chairl. parish mission enabler from September 2021". £2.902 {2020.' £01 A mission grant was paid lo one PCC member or relaled paty during the year lo 31st December 2021.. - Miss R O'Donnell {PCC membeT) £2.591 {2020- £2.0501 In connection with the activities ofthe Church. PCC members We￿ reimbursed inudent31 expenses incurred in the course of the year. There were no employees whose annual remunerabon was more than £60.000. Independent Examlner's Remunoratlon The independent examinerfs remunwalion amounts to an independent examination fee of £1.560 12020.. £1,560) and payroll services of £1.06212020= £9601. the latter of thich are induded wlhin 'PayToII and HR Support,. 14-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 10 Tangible fixed assets Freehold Other officfr Improvfrm8Tht8 equlpmont Yotal Cost At 1 January 2021 Additions 61.125 81.341 3,250 142,466 3,250 At 31 December 2021 61.125 84,591 145,716 Depreciation and impaimient At 1 January 2021 Depreciation charged in the year 55,160 1,987 52,511 11,173 107,671 13,160 Al 31 Decembei 2021 57,147 63,684 120,831 Carying amount At 31 December 2021 3,978 20,907 24,885 At 31 December 2020 5,965 28,831 34,796 11 Investment property 2021 Fair value Al 1 January 2021 Nel gains or losses through fair value adjustments 430,000 53.000 Al 31 December 2021 483,000 In early 2019, the investment propety. being the house at 26 Trinty Street, was infomally valued by a local agency to be in Ihe region of £430,000- £450.000 based on recent sale values of nearby properties and their kn￿edge of this property. Wilh this in mind. members of the PCC approved a valuation for this property of £430,000 as at 31 Dec£mber 2018, wrth the resulting revaluation adjuslmenl refle¢led in the Accounts for the year ended 310ecember 2018. PCC reMews this valuation annually and in January 2022 approved a revised valualion as at the end of 2021 of £483.000 reflecting increased house prices in the area and the estimate on the property priung website Zoopla. The net book value of the investment property is attributable to the investment fund. 15-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 11 Inv&stm•nt property (Continued) 2021 2020 Freehold Propety 483,000 430,000 483,000 430,000 12 CBF Church of England Deposit Fund At 1 January 20214nd at 31 De¢ember2021 42,818 Funds held on deposit include amounts attributable to the Bransby Legacy. 13 Dobtors 2021 2020 Amounts falling due within one year- Income lax recoverable on Gift Aid donations Other debtors Prepayments and accrued income 4,512 1,928 5,560 6,176 1,803 4.762 12,000 12.741 14 Créditors.. amounts falling due within one year 2021 2020 Other creditors 8,313 7.609 16-

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 16 Movement in unrestricted funds Tangible fixed assets reservelgeneral lunds and Fabric Fund- transfer to match the nel valLJe tied up in tangible fixed assets Fabric Fund (Chairs and screen) Fabric Fund (transfer from general lunds approved by PCCI Jenny Lind Fvnd {d&designation approved by PCC) General funds 14,4611 15,4491 40.000 194,5991 64.509 Net Tolal 17 Given to Mission and Social Actlon for the Paro¢hi•l Church Councll of Holy Trinity Church for tho year ended 31 Dècèmbèr 2021 Totsl 2021 Total 2020 Indivlduals: SIM - Penny Bakewell WBT- Tony and Carol Smith WEC- Colin Bearup GEM - Rachel Spencer UCCF - Rosie O'Donnell MAF - Nathanael Smith Travel Expenses 4,182 3,049 8,339 4,111 2.591 4,100 5,125 8,175 3,050 2,050 243 24,272 22,743 National Agencles: CPAS Frlends International UCCF Church of England Evangelical Council Global Leadership Network 1,1 1,1 I,ioo I,ioo 600 1,000 21XI 3,800 Local Organisations: English + Magdalen Project Norwich Youth for Christ UEA Christian Union 6,000 1,100 1,100 850 9,050 I,iIKJ 1,1 18-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HEIGHAM, NORWICH HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 17 IContinu8dl Total 37.072 35.593 19-