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2020-12-31-accounts

Charity registration number: 1132731

Halas P C C

Annual Report and Financial Statements

for the Year Ended 31 December 2020

Halas P C C

Contents

Reference and Administrative Details 1
Trustee's Report 2 to 6
Statement of Trustee's Responsibilities 7
Independent Examiner's Report 8
Statement of Financial Activities 9 to 10
Balance Sheet 11
Notes to the Financial Statements 12 to 18

Halas P C C

Reference and Administrative Details

Principal Office

Charity Registration Number

Independent Examiner

The Parish Office 32 High Street Halesowen West Midlands B63 3BB 1132731 Ballards LLP 11c Kingswood Road Hampton Lovett Droitwich Worcestershire WR9 0QH

Page 1

Halas P C C

Trustee's Report

The member presents the annual report together with the financial statements of the charity for the year ended 31 December 2020.

Objectives and activities

Objects and aims

The primary objective of the charity is the promotion in the ecclesiastical parish of the whole mission of the church.

Public benefit

The trustees have complied with their duty to have due regard to public benefit guidance published by Commission; the trustees consider that the charity meets the public benefit requirements of the Charities Act 2011 by carrying out its normal activities.

Achievements and performance

The Halas Team Ministry exists to serve the people of the town of Halesowen and the districts of Cradley, Hasbury Lapal, Romsley and Hunnington and to proclaim the Kingdom of God in prayer, word, action and life through offering a distinctively Anglican expression of the Christian faith. How this has been explored and expressed during 2020, we hope to express in the Team and individual church reports which follow.

It is stating the obvious to say that the Covid-19 pandemic significantly affected the life of the Team, both in terms of churches being sporadically closed or open only for private prayer and also, more importantly, in the lives of people in our community being marked by grief - often in the face of being unable to be present with sick or dying loved ones and having funerals with restricted numbers in attendance - and sometimes loneliness and negatively affected mental health.

We sought to respond to the new situation in several ways. Firstly there has been a ministry of pastoral care by phone call or door step across all churches. Secondly we have set up a new weekly paper mailing of sermons, readings, intercessions and meditations for those not online. Thirdly we now have a much stronger online presence: Morning and Evening Prayer daily, a sermon and Eucharist with Spiritual Communion on Sundays, a mid-week meditation from our Readers, Brick Church and so on - all on Facebook. We certainly didn’t manage a shifting situation perfectly but all have been, we hope, exceptionally well received and have brought encouragement in tough times.

Church buildings had to close for three months during the first lockdown. They were then able to reopen for private prayer and eventually for public worship, a pattern which has been subsequently repeated. We owe a debt of thanks to our churchwardens for their hard work and skill in ensuring that prayer and worship has been able to happen safely and within guidelines. Similarly we owe thanks to the Parish Office staff - working in part from home - for their helping baptism families and wedding couples to re-schedule the life events they have so much been looking forward to.

Page 2

Halas P C C

Trustee's Report

Eva Field retired after well over two decades of dedicated work as our Parish Secretary and PCC Secretary at the end of the year; and Anne Palmer mid-year but still offering her services to the end of the year. Sadly we were unable to say thank you to them as we ordinarily would - there may still be opportunity - but we owe both a debt of gratitude for their hard work, skill, knowledge and dedicated commitment to the life of the Parish. After extensive interviewing Lizzi Featherstone was appointed as Parish Administrator from the New Year and we offer her our full prayer, commitment and support in a demanding role.

Other aspects of church life continued, albeit within restrictions. Charles Morgan and Spencer both completed their Reader training very successfully and were licensed at a moving service in the cathedral. We look forward very much to their ongoing ministries, joining Susan, Karen and Pat to form an exceptionally talented team of Readers, a real blessing to the Parish. Outside the Parish Jonny Gordon and Sarah Bardell were ordained priest and Foluso Enwerem deacon: we had enjoyed having all three for placements in the Parish. We are reminded that God is calling all of us to Christian ministry. For some that ministry may be authorised or licensed by the bishop. Encouraging people in hearing and pursuing vocations and wholeheartedly supporting them must be an ongoing priority for our life together.

Our Church Schools have had a tough year, staff having to negotiate Covid restrictions and online learning. All have responded amazingly and we continue to hold the staff and children at Cradley, Halesowen, St Kenelm’s and St Margaret’s and Schools in our prayers.

We continue reviewing our responsibilities under the General Data Protection Regulation Legislation. Systems are in place which we continue to monitor. The Church Safeguarding representatives continue to meet regularly to keep review the responsibilities. Measures are in place for new appointments across the Team including interviewing and the necessary checks being carried out. Work in connection with employment and pensions continues. We are enormously grateful for those who are involved with this ongoing work.

We continue to be careful to ensure our finances are kept in order. We have held several finance committee meetings during the year to monitor this. Income is down from last year and outgoings have been reduced where we can to compensate.

The past year leaves a legacy of uncertainty; and of faithful hope. The eventual size of our worshipping congregations is uncertain, though signs are encouraging. We are struggling to fill lay roles, notably those of churchwarden and treasurer. Services may not return to their pre-pandemic pattern. We are aware that when one of the stipendiary clergy leaves they will likely not be replaced. And paying Parish Share is not easy, though levels of giving have held up surprisingly impressively during a difficult year. This may be an opportunity to pause and ask ourselves afresh what our collective mission is and what the roles and callings of our constituent churches are; and in doing so ask what things we have been unable to do we are called to return to and what not and to what new things we might be being called. We look to the future with faith and with hope.

That faith and hope is above all in God’s faithfulness towards us. But it is massively encouraged by the dedication, gifts and passion of the people of this Team lay and ordained, paid and voluntary, licensed and unlicensed. We are truly blessed in the people we have worshipping in our churches, volunteering in many different roles in our life together in Christ. For which we offer our profound thanks.

Rob Hall, Team Rector David Scotton, Lay Chair of the PCC

Page 3

Halas P C C

Trustee's Report

Financial review

Policy on reserves

It is the Policy of the PCC that the Parish Office and each District Church shall endeavour to establish and maintain a reserve on their General Funds equivalent to two months of general running costs to cover unforeseen emergencies.

In addition, the Parish Office shall endeavour to establish and maintain a reserve sufficient to cover any costs incurred in maintaining the building of, and equipment in, the Parish Office.

Each District Church shall endeavour to establish and maintain a reserve on their building funds to cover any cost incurred on regular maintenance, or periodic maintenance identified by the Quinquennial inspection, of their Church Building.

District Churches which have other buildings or lands, e.g. a Church Hall, shall endeavour to establish and maintain a reserve on their appropriate funds to cover any cost incurred on regular maintenance, or periodic maintenance, of their buildings or lands. A similar reserve shall be derived for the Parish Office, which shall be apportioned to each church on the same basis as Parish Share. Initially, the value of each reserve shall be submitted to the Parish Finance Committee for recommendation and reporting to the PCC for their approval.

Subsequently, the identification of any expense which may exceed, or seriously reduce, the associated reserve shall immediately be reported to the Parish Treasurer and Chairman of Parish Finance who, if required, will call a meeting of the Parish Finance Committee to discuss the implications of such reduction in reserves and to recommend any forward action required, while keeping the PCC Chair and Vice Chair fully informed.

The status of the various reserves shall be reported at least annually to the Parish Finance Committee for onward reporting to the PCC and the Parish Treasurer for inclusion in the Annual Report as required by the Charities Act.

Structure, governance and management

Nature of governing document

The governing documents of the PCC are the Parochial Church Council Powers Measure (1956), as amended, and the Church Representation Rules.

Day to day management of the charity is carried out by the members of the PCC, all of whom are also trustees.

Recruitment and appointment of trustee

Members of the PCC, who are also trustees, are either ex officio or elected by the Annual Parochial Church Representation Rules. During the year the following served as members of the PCC:

Page 4

Halas P C C

Trustee's Report

Rector of the Halas Team Lay Chair of the PCC Licensed Clergy in the Team

Churchwardens

Deanery Synod Representatives

Elected Lay Representatives

Safeguarding Officer

Rob Hall Vicar for Hasbury Vicar for Hasbury
David Scotton
Katryn Leclezio Vicar for Cradley
Dominic Melville Vicar for Halesowen & Romsley
Hazel Charlton Vicar for Lapal
Paul Millward Cradley
Ivor Shilvock Halesowen
Jane Sinclair Hasbury
Margaret James Hasbury
Anita Gadd Lapal
Christine Adshead Cradley
David Hobbs Hasbury
Alan Hughes Hasbury
Roy Bicknell Lapal, also Churchwarden
Eva Field PCC rep
David Scotton Lapal, also PCC Lay Chair
Selina Tromans Romsley
Bernard Pridden Romsley
John Layton
Sharon Turner Cradley
Susan Harding Halesowen
Jonathan Spencer Halesowen
John Hall Hasbury,
Chair		 also Finance Comittee
Susan Bicknell Lapal
Andrew Nock Lapal
Stuart Harper Romsley
Lynn Barrows Romsley
Mel Case Co-opted 12th July 2016

Non-voting Participants with the right to receive all papers, attend meetings & participate in discussion

Associate Clergy David Garner

Readers/Licensed Lay Ministers Susan Cresswell, Pat Hall

(Karen Chaplin is elected as a voting member)

PCC Treasurer

Charlie Shepherd

Page 5

Halas P C C

Trustee's Report

PCC Secretary

Eva Field

The annual report was approved by the member of the charity on .................... and signed on its behalf by:

......................................... Rob Hall Trustee

Page 6

Halas P C C

Statement of Trustee's Responsibilities

The trustee is responsible for preparing the trustee's report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustee to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the member is required to:

The member is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The member is also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the member of the charity on .................... and signed on its behalf by:

......................................... Rob Hall Trustee

Page 7

Halas P C C

Independent Examiner's Report to the trustee of Halas P C C

I report to the charity trustee on my examination of the accounts of the charity for the year ended 31 December 2020 which are set out on pages 9 to 18.

Respective responsibilities of trustee and examiner

As the charity’s trustee of Halas P C C 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 Halas P C C's accounts carried out under section 145 of the 2011 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 Halas P C C'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 I am qualified to undertake the examination because I am a member of , 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 Halas P C C 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 accounting 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.

...................................... M A Skellum FCA

11c Kingswood Road Hampton Lovett Droitwich Worcestershire WR9 0QH

Date:.............................

Page 8

Halas P C C

Statement of Financial Activities for the Year Ended 31 December 2020

Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investment income
Other income
Total income
Expenditure on:
Raising funds
Charitable activities
Other expenditure
Total expenditure
Gains/losses on investment
assets
Net (expenditure)/income
Gross transfers between
funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
8		 Unrestricted
funds
£
218,260
20,603
15,667
15,235
346
270,111
(1,549)
(285,009)
(619)
(287,177)
4,391
(12,675)
13,026
351
364,356
364,707		 Restricted
funds
£
3,930
2,213
-
24,884
1,661
32,688
(18)
(38,370)
-
(38,388)
37,670
31,970
(13,026)
18,944
683,739
702,683		 Endowment
funds
£
-
-
-
-
-
-
-
-
-
-
47,549
47,549
-
47,549
725,587
773,136		 Total
2020
£
222,190
22,816
15,667
40,119
2,007
302,799
(1,567)
(323,379)
(619)
(325,565)
89,610
66,844
-
66,844
1,773,682
1,840,526

Page 9

Halas P C C

Statement of Financial Activities for the Year Ended 31 December 2020

Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investment income
Other income
Total income
Expenditure on:
Raising funds
Charitable activities
Other expenditure
Total expenditure
Gains/losses on investment
assets
Net income
Gross transfers between
funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
8		 Unrestricted
funds
£
230,193
57,332
26,951
14,240
-
328,716
(5,306)
(296,046)
(577)
(301,929)
10,259
37,046
4,278
41,324
323,032
364,356		 Restricted
funds
£
10,498
756
-
26,471
1,756
39,481
(1,080)
(16,728)
(26,220)
(44,028)
86,680
82,133
(4,278)
77,855
605,884
683,739		 Endowment
funds
£
-
-
-
-
-
-
-
-
-
-
108,331
108,331
-
108,331
617,256
725,587		 Total
2019
£
240,691
58,088
26,951
40,711
1,756
368,197
(6,386)
(312,774)
(26,797)
(345,957)
205,270
227,510
-
227,510
1,546,172
1,773,682

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2019 is shown in note 8.

Page 10

Halas P C C

(Registration number: 1132731) Balance Sheet as at 31 December 2020

Note
Fixed assets
Tangible assets
4
Investments
5
Current assets
Debtors
6
Cash at bank and in hand
Creditors: Amounts falling due within one year
7
Net current assets
Net assets
Funds of the charity:
Endowment funds
Restricted income funds
Restricted funds
8
Unrestricted income funds
Unrestricted funds
Total funds
8		 2020
£
104,390
1,395,113
1,499,503
21,659
335,677
357,336
(16,313)
341,023
1,840,526
773,136
702,683
364,707
1,840,526		 2019
£
104,390
1,305,504
1,409,894
24,166
354,872
379,038
(15,250)
363,788
1,773,682
725,587
683,739
364,356
1,773,682

The financial statements on pages 9 to 18 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:

......................................... Rob Hall Trustee

Page 11

Halas P C C

Notes to the Financial Statements for the Year Ended 31 December 2020

1 Accounting policies

Statement of compliance

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) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Halas P C C meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Exemption from preparing a cash flow statement

The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Income and endowments

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Gift aid

Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Page 12

Halas P C C

Notes to the Financial Statements for the Year Ended 31 December 2020

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Tangible fixed assets

Consecrated and benefice property is excluded from the accounts by provisions of the Charities Act 2011. No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which requires a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvements, is written off as expenditure in the SOFA and separately disclosed.

Fixed asset investments

Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal.

Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustee's discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

2 Trustee remuneration and expenses

During the year the charity made the following transactions with trustee:

Clergy expenses of £4,405 (2019 - £7,793) were paid in the year.

No trustee, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any other benefits from the charity during the year.

Page 13

Halas P C C

Notes to the Financial Statements for the Year Ended 31 December 2020

3 Taxation

The charity is a registered charity and is therefore exempt from taxation.

4 Tangible fixed assets

Cost
At 1 January 2020
At 31 December 2020
Depreciation
At 31 December 2020
Net book value
At 31 December 2020
At 31 December 2019
5
Fixed asset investments
Other investments
 Land and
buildings
£
104,390
104,390
-
104,390
104,390
2020
£
1,395,113		 Total
£
104,390
104,390
-
104,390
104,390
2019
£
1,305,504

Page 14

Halas P C C

Notes to the Financial Statements for the Year Ended 31 December 2020

Other investments

Other investments
Cost or Valuation
At 1 January 2020
Revaluation
At 31 December 2020
Net book value
At 31 December 2020
At 31 December 2019
6
Debtors
Other debtors
7
Creditors: amounts falling due within one year
Other creditors		 Listed
investments
£
1,305,504
89,609
1,395,113
1,395,113
1,305,504
2020
£
21,659
2020
£
16,313		 Total
£
1,305,504
89,609
1,395,113
1,395,113
1,305,504
2019
£
24,166
2020
£
21,659
2020
£
16,313
2019
£
15,250

Page 15

Halas P C C

Notes to the Financial Statements for the Year Ended 31 December 2020

8 Funds

8
Funds
Unrestricted
General
Unrestricted funds
Restricted
Restricted funds
Endowment
Expendable
Endowment funds
Total funds		 Balance
at 1
January
2020
£
364,356
683,739
725,587
725,587
1,773,682		 Incoming
resources
£
Resources
expended
£
270,111
(287,177)
32,688
(38,388)
-
-
-
-
302,799
(325,565)		 Transfers
£
Other
recognised
gains/(losses)
£
Balance
at 31
December
2020
£
13,026
4,391
364,707
(13,026)
37,670
702,683
-
47,549
773,136
-
47,549
773,136
-
89,610
1,840,526		 Balance
at 31
December
2020
£
364,707
702,683
773,136
773,136

Page 16

Halas P C C

Notes to the Financial Statements for the Year Ended 31 December 2020

Balance
at 1
January
2019
£
Unrestricted
General
Unrestricted funds
323,032
Restricted
Restricted funds
605,883
Endowment
Expendable
Endowment funds
617,257
617,257
Total funds
1,546,172
9
Analysis of net assets between
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets		 Incoming
resources
£
Resources
expended
£
Transfers
£
Other
recognised
gains/(losses)
£
Balance
at 31
December
2019
£
328,716
(301,929)
4,278
10,259
364,356
39,481
(44,028)
(4,278)
86,680
683,738
-
-
-
108,331
725,588
-
-
-
108,331
725,588
368,197
(345,957)
-
205,270
1,773,682
funds
Unrestricted
Endowment
General
£
Restricted
£
Expendable
£
2020
Total funds
£
-
104,390
-
104,390
312,546
312,141
770,426
1,395,113
68,474
286,152
2,710
357,336
(16,313)
-
-
(16,313)
364,707
702,683
773,136
1,840,526
Unrestricted
Endowment
General
£
Restricted
£
Expendable
£
2019
Total funds
£
-
104,390
-
104,390
308,156
274,471
722,877
1,305,504
71,451
304,877
2,710
379,038
(15,250)
-
-
(15,250)
364,357
683,738
725,587
1,773,682		 Incoming
resources
£
Resources
expended
£
Transfers
£
Other
recognised
gains/(losses)
£
Balance
at 31
December
2019
£
328,716
(301,929)
4,278
10,259
364,356
39,481
(44,028)
(4,278)
86,680
683,738
-
-
-
108,331
725,588
-
-
-
108,331
725,588
368,197
(345,957)
-
205,270
1,773,682
funds
Unrestricted
Endowment
General
£
Restricted
£
Expendable
£
2020
Total funds
£
-
104,390
-
104,390
312,546
312,141
770,426
1,395,113
68,474
286,152
2,710
357,336
(16,313)
-
-
(16,313)
364,707
702,683
773,136
1,840,526
Unrestricted
Endowment
General
£
Restricted
£
Expendable
£
2019
Total funds
£
-
104,390
-
104,390
308,156
274,471
722,877
1,305,504
71,451
304,877
2,710
379,038
(15,250)
-
-
(15,250)
364,357
683,738
725,587
1,773,682		 Balance
at 31
December
2019
£
364,356
683,738
725,588
725,588
1,840,526
2019
Total funds
£
104,390
1,305,504
379,038
(15,250)
1,773,682

Page 17

Halas P C C

Notes to the Financial Statements for the Year Ended 31 December 2020

10 Analysis of net funds

10 Analysis of net funds
Cash at bank and in hand
Net debt
Cash at bank and in hand
Net debt		 At 1 January
2020
£
354,872
354,872
At 1 January
2019
£
353,189
353,189		 Financing
cash flows
£
(19,195)
(19,195)
Financing
cash flows
£
1,683
1,683		 At 31
December
2020
£
335,677
335,677
At 31
December
2019
£
354,872
354,872

11 Related party transactions

There were no related party transactions in the year.

Page 18

Parochial Church Council of Halas

Annual Financial Report 2020

Contents
Balance Sheet 1
Statement of Financial Activity 2
Income & Expenditure Reports 3-14
Policy Statements 15-16
Notes to the Financial Statements 17-26

PAROCHIAL CHURCH COUNCIL OF HALAS

Balance sheet

As at: 31 December 2020

Fixed assets
Intangible assets
Investments
Current assets
Debtors
Cash at bank and in hand
Liabilities
Creditors: Amounts falling due in one year
Net current assets less current liabilities
Total assets less current liabilities
Total net assets less liabilities		 As at 31/12/2020
£		 As at 31/12/2019
£
104,390
1,395,113
1,499,504
21,658
335,677
357,335
16,313
341,022
1,840,526
1,840,526		 104,390
1,305,504
1,409,894
24,166
354,872
379,038
15,250
363,788
1,773,682
1,773,682
Represented by Funds
Unrestricted
112,911
91,565
Designated
251,797
272,792
Restricted
702,683
683,738
Endowment
773,136
725,587
Total
1,840,526
1,773,682

Approved by the Parochial Church Meeting on / /2021 and signed on its behalf by;

Rev R Hall (Chairman)

C Shepherd (Treasurer)

There may be minor discrepancies in the totals if the pence are not being shown

10 March 2021

Page 1

PAROCHIAL CHURCH COUNCIL OF HALAS

Statement of Financial Activities

For the period from 01 January 2020 to 31 December 2020

Unrestricted Designated Restricted Endowment Total Prior year
funds funds funds funds funds total funds
Income and endowments from:
Donations and legacies 206,739 11,521 3,930 — 222,190 240,690
Income from charitable activities 15,790 4,813 2,213 — 22,816 58,089
Other trading activities 14,695 922 — — 15,617 26,951
Investments 14,979 255 24,885 — 40,119 40,708
Other income 266 130 1,661 — 2,057 1,756
Total income 252,468 17,641 32,689 — 302,799 368,194
Expenditure on:
Raising funds 367 1,183 18 — 1,567 6,386
Expenditure on charitable activities 259,514 25,494 38,371 — 323,378 312,772
Other expenditure — 619 — — 619 26,797
Total expenditure 259,881 27,295 38,389 — 325,565 345,954
Net income / (expenditure) resources before transfer (7,412) (9,654) (5,699) — (22,766) 22,240
Transfers
Gross transfers between funds - in 28,417 21,879 1,135 — 51,431 28,405
Gross transfers between funds - out (2,053) (35,216) (14,161) — (51,431) (28,405)
Other recognised gains / losses
Gains / losses on investment assets 2,394 1,997 37,670 47,549 89,610 205,270
Net movement in funds 21,345 (20,995) 18,945 47,549 66,844 227,510
Reconciliation of funds
Total funds brought forward 91,565 272,792 683,738 725,587 1,773,682 1,546,172
Total funds carried forward 112,911 251,797 702,683 773,136 1,840,526 1,773,682

There may be minor discrepancies in the totals if the pence are not being shown

09 March 2021 Page 2

Halas Parish

Analysis of income and expenditure

Selected period: 01 January 2020 to 31 December 2020

Total
Unrestricted Designated Restricted Endowment This year Last year
Income and endowments
Donations and legacies
0020 - Donations appeals etc 152 — — — 152 449
0031 - One-off grants — — (84) — (84) —
0032 - Other funds generated (15) — — — (15) 15
Donations and legacies Totals 137 — (84) — 53 465
Income from charitable activities
0050 - Fees for weddings and funerals 6,109 — — — 6,109 10,851
Income from charitable activities 6,109 — — — 6,109 10,851
Totals
Investments
0040 - Dividends 9,222 — 1,070 — 10,292 9,992
0041 - Bank and building society 61 — 29 — 90 152
interest
Investments Totals 9,283 — 1,099 — 10,382 10,145
Income and endowments 15,528 — 1,015 — 16,543 21,460
Grand totals
Expenditure
Expenditure on charitable activities
1030 - Giving - Parish Outward Giving — — (11,587) — (11,587) (15,003)
1031 - Giving - Mission societies — — 4,386 — 4,386 —
1033 - Giving - Home mission — — 4,386 — 4,386 —
1034 - Giving - Secular charities — — 7,310 — 7,310 —
1041 - Parish Expenses (17,649) — — — (17,649) (15,691)
1057 - Church running - Maintenance — — — — — 46
1064 - Church running - Upkeep of 163 — — — 163 —
services
1201 - Governance costs - 1,716 — — — 1,716 1,668
examination/audit fee
1501 - Clergy: Car Mileage 981 — — — 981 3,405
1502 - Clergy: Parking 38 — — — 38 219
1509 - Clergy: Other Travel 8 — — — 8 4
1510 - Clergy: Telephone & Internet 911 — — — 911 1,172
1520 - Clergy: Stationery: Printer Paper — — — — — 2
1521 - Clergy: Stationery: Printer Ink 448 — — — 448 313
1529 - Clergy: Stationery: Sundry 85 — — — 85 361
1531 - Clergy: Hospitality — — — — — 40
1533 - Clergy: Training/Away Days 160 — — — 160 301
1549 - Clergy: Sundry (43) — — — (43) 96
1551 - Office: Bank Charges 144 — — — 144 158
1552 - Office: Building Maintenance 56 — — — 56 150
1553 - Office: Copier: Consumables 239 — — — 239 61
1554 - Office: Copier: Copy Charge 496 — — — 496 532
1555 - Office: Copier: Ext Warranty — — — — — 46

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09 March 2021 Page 3

Total
Unrestricted Designated Restricted Endowment This year Last year
1557 - Office: Copier: Lease 385 — — — 385 385
1559 - Office: Electricity 401 — — — 401 117
1562 - Office: Gas 715 — — — 715 1,159
1563 - Office: Insurance 218 — — — 218 605
1564 - Office: Internet 171 — — — 171 171
1565 - Office: Licences — — — — — 20
1566 - Office: Petty Cash (Postage etc) 1,480 — — — 1,480 331
1567 - Office: Phone 741 — — — 741 660
1568 - Office: Salaries 18,560 — — — 18,560 18,731
1570 - Office: Stationery: Printer Ink 263 — — — 263 660
1571 - Office: Stationery: Printer Paper 426 — — — 426 694
1572 - Office: Stationery: Sundry 270 — — — 270 133
1574 - Office: Water Rates 206 — — — 206 286
1599 - Office: Sundry 56 — — — 56 —
1601 - Parish: Services: Baptisms 439 — — — 439 364
1602 - Parish: Services: Weddings 198 — — — 198 147
1603 - Parish: Services: Funerals 267 — — — 267 117
1604 - Parish: Services: General 512 — — — 512 412
1610 - Parish: Resources: 524 — — — 524 621
Books/Subscriptions
1611 - Parish: Resources: 242 — — — 242 216
Licences/Software
1619 - Parish: Resources: Other 42 — — — 42 —
1620 - Parish: Other: Gifts 500 — — — 500 —
1623 - Parish: Other: Training — — — — — 452
1629 - Parish: Other: Sundry 159 — — — 159 484
1630 - Parish: Other: Parish Retreat — — — — — (280)
1631 - Parish: Other: High-Fives — — — — — 30
Expenditure on charitable 14,528 — 4,495 — 19,023 4,395
activities Totals
Expenditure Grand totals 14,528 — 4,495 — 19,023 4,395

There may be minor discrepancies in the totals if the pence are not being shown

09 March 2021 Page 4

Halesowen Parish Church St John the Baptist - 1132731

Analysis of income and expenditure Selected period: 01 January 2020 to 31 December 2020

Total
Unrestricted Designated Restricted Endowment This year Last year
Income and endowments
Donations and legacies
0001 - Gift Aid - Bank 32,062 — — — 32,062 19,273
0002 - Gift Aid - Envelopes 7,949 — — — 7,949 21,974
0003 - Other planned giving 3,803 — — — 3,803 4,308
0010 - Loose plate collections 739 — — — 739 4,372
0017 - One-off Gift Aid gifts 2,621 — 12 — 2,633 150
0020 - Donations appeals etc 1,403 485 1,063 — 2,951 5,276
0021 - Tax recoverable on Gift Aid 12,146 — 17 — 12,163 12,294
0025 - Legacies — — — — — 11,985
0031 - One-off grants — — — — — 405
0032 - Other funds generated — 61 — — 61 273
Donations and legacies Totals 60,722 546 1,092 — 62,360 80,310
Income from charitable activities
0011 - Loose plate Baptism, Wedding 120 — — — 120 1,970
and Funeral
0035 - Fundraising — 1,745 — — 1,745 9,566
0050 - Fees for weddings and funerals 1,304 — — — 1,304 3,381
Income from charitable activities 1,424 1,745 — — 3,169 14,917
Totals
Other trading activities
0052 - Bookstall sales - fund raising — 534 — — 534 1,558
0054 - Church Hall lettings - fund raising 8,715 — — — 8,715 9,960
0201 - Income from Cafe 487 — — — 487 1,837
Other trading activities Totals 9,202 534 — — 9,736 13,356
Investments
0040 - Dividends 11 — 7,345 — 7,356 7,142
0041 - Bank and building society 89 176 246 — 511 833
interest
Investments Totals 100 176 7,591 — 7,867 7,975
Other income
0070 - Insurance claims 216 — 1,661 — 1,877 1,150
Other income Totals 216 — 1,661 — 1,877 1,150
Income and endowments 71,664 3,000 10,345 — 85,009 117,708
Grand totals

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09 March 2021 Page 5

Total
Unrestricted Designated Restricted Endowment This year Last year
Expenditure
Raising funds
1010 - Costs of fetes & other events — 1,183 — — 1,183 3,951
2211 - Cafe expenditure 105 — — — 105 650
Raising funds Totals 105 1,183 — — 1,288 4,601
Expenditure on charitable activities
1030 - Giving - Parish Outward Giving 4,450 — — — 4,450 4,940
1032 - Giving - Relief agencies — 205 — — 205 200
1033 - Giving - Home mission 40 — — — 40 80
1034 - Giving - Secular charities 80 25 — — 105 761
1040 - Parish Share 38,000 — — — 38,000 8,306
1041 - Parish Expenses 5,646 — — — 5,646 5,126
1051 - Church running - Bookstall costs — 188 — — 188 535
1053 - Church running - Electricity 2,014 — — — 2,014 3,324
1054 - Church running - Gas 3,834 — — — 3,834 5,308
1055 - Church running - Insurance 7,207 — — — 7,207 7,208
1057 - Church running - Maintenance 1,212 30 1,231 — 2,473 4,047
1059 - Church running - Organ / piano — — 535 — 535 —
tuning
1060 - Church running - Organist fees 4,500 — — — 4,500 5,750
1062 - Church running - Telephone 400 — — — 400 372
1064 - Church running - Upkeep of 370 85 — — 456 3,563
services
1067 - Church running - Water 16 — — — 16 40
1075 - Church running - Sundries — 144 — — 144 220
1102 - Hall running - Cleaning — — — — — 18
1103 - Hall running - Electricity 412 — — — 412 498
1104 - Hall running - Gas 715 — — — 715 1,159
1105 - Hall running - Insurance 520 — — — 520 531
1107 - Hall running - Maintenance 96 — 44 — 140 678
1125 - Hall running - Sundries — — — — — 22
1202 - Bank/Professional Charges — — — — — 81
1220 - Church major repairs - structure — 266 6,284 — 6,550 844
1221 - Church major repairs - 19 524 — — 543 946
installation
1223 - Church major repairs - — — 1,452 — 1,452 780
consultancy fees
2120 - Council tax 5,800 — — — 5,800 6,980
2170 - Education — 12 — — 12 —
2252 - Health & safety and security 290 4 2,186 — 2,480 1,346
2253 - Memorial book 198 — — — 198 122
2260 - Administration — 101 — — 101 210
2263 - School House - electricity 92 — — — 92 87
2265 - School House - insurance 716 — — — 716 662
Expenditure on charitable 76,628 1,584 11,732 — 89,944 64,743
activities Totals
Expenditure Grand totals 76,733 2,767 11,732 — 91,232 69,343

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09 March 2021 Page 6

St Kenelm's DCC

Analysis of income and expenditure

Selected period: 01 January 2020 to 31 December 2020

Unrestricted
Designated
Restricted
Endowment
Total
This year
Last year
Income and endowments
Donations and legacies
0001 - Gift Aid - Bank
8,625
—
—
—
8,625
8,556
0002 - Gift Aid - Envelopes
5,836
—
—
—
5,836
6,533
0003 - Other planned giving
179
—
—
—
179
574
0010 - Loose plate collections
577
—
—
—
577
2,265
0016 - Giving through church boxes
188
—
—
—
188
896
0017 - One-off Gift Aid gifts
3,920
285
—
—
4,205
2,955
0020 - Donations appeals etc
566
175
—
—
741
2,137
0021 - Tax recoverable on Gift Aid
4,876
—
—
—
4,876
4,730
0032 - Other funds generated
25
—
—
—
25
97
25,252
24,792
460
—
—
28,744
Donations and legacies Totals
Income from charitable activities
0011 - Loose plate Baptism, Wedding
and Funeral
135
—
—
—
135
1,422
0035 - Fundraising
797
—
—
—
797
4,311
0050 - Fees for weddings and funerals
3,103
—
—
—
3,103
3,427
4,035
4,035
—
—
—
9,161
Income from charitable activities
Totals
Other trading activities
0054 - Church Hall lettings - fund raising
2,002
—
—
—
2,002
8,099
0055 - Magazine sales
1,892
—
—
—
1,892
1,828
0056 - Magazine advertising
1,599
—
—
—
1,599
2,488
5,493
5,493
—
—
—
12,415
Other trading activities Totals
Investments
0040 - Dividends
952
—
8,065
—
9,017
8,754
0041 - Bank and building society
interest
77
—
—
—
77
96
9,094
1,028
—
8,065
—
8,850
Investments Totals
35,348
460
8,065
—
59,170
Income and endowments
Grand totals
43,873		 Unrestricted
Designated
Restricted
Endowment
Total
This year
Last year
8,625
—
—
—
8,625
8,556
5,836
—
—
—
5,836
6,533
179
—
—
—
179
574
577
—
—
—
577
2,265
188
—
—
—
188
896
3,920
285
—
—
4,205
2,955
566
175
—
—
741
2,137
4,876
—
—
—
4,876
4,730
25
—
—
—
25
97
5,493
5,493
—
—
—
12,415
952
—
8,065
—
9,017
8,754
77
—
—
—
77
96
9,094
1,028
—
8,065
—
8,850
35,348
460
8,065
—
59,170
43,873
Expenditure
Raising funds
1010 - Costs of fetes & other events
Raising funds Totals		 59
—
—
—
59
230
59
59
—
—
—
230

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09 March 2021 Page 7

Total
Unrestricted Designated Restricted Endowment This year Last year
Expenditure on charitable activities
1030 - Giving - Parish Outward Giving 1,522 — — — 1,522 1,798
1031 - Giving - Mission societies — — — — — 38
1033 - Giving - Home mission 40 — — — 40 40
1034 - Giving - Secular charities 25 — — — 25 121
1040 - Parish Share 25,671 — — — 25,671 25,168
1041 - Parish Expenses 2,549 — — — 2,549 2,383
1053 - Church running - Electricity 513 — — — 513 1,786
1055 - Church running - Insurance — — 1,079 — 1,079 1,062
1056 - Church running - Magazine 2,341 — — — 2,341 5,204
expenses
1057 - Church running - Maintenance — — — — — 1,986
1060 - Church running - Organist fees 1,860 — — — 1,860 2,210
1063 - Church running - Upkeep of 65 — 1,410 — 1,475 1,560
churchyard
1064 - Church running - Upkeep of 173 — — — 173 177
services
1065 - Church running - Verger fees 480 — — — 480 750
1075 - Church running - Sundries 190 1,131 — — 1,321 311
1102 - Hall running - Cleaning 538 — — — 538 2,143
1103 - Hall running - Electricity 382 — — — 382 (35)
1104 - Hall running - Gas 787 — — — 787 954
1105 - Hall running - Insurance — — 720 — 720 708
1107 - Hall running - Maintenance 111 — 994 — 1,105 834
1117 - Hall running - Water 86 — — — 86 74
1125 - Hall running - Sundries — — — — — 533
1221 - Church major repairs - — — — — — 2,231
installation
Expenditure on charitable 37,332 1,131 4,203 — 42,666 52,036
activities Totals
Expenditure Grand totals 37,391 1,131 4,203 — 42,725 52,266

There may be minor discrepancies in the totals if the pence are not being shown

09 March 2021 Page 8

Halas PCC St. Margarets

Analysis of income and expenditure

Selected period: 01 January 2020 to 31 December 2020

Total
Unrestricted Designated Restricted Endowment This year Last year
Income and endowments
Donations and legacies
0001 - Gift Aid - Bank 19,162 — — — 19,162 16,145
0002 - Gift Aid - Envelopes 7,830 — — — 7,830 10,534
0003 - Other planned giving 7,982 — — — 7,982 9,546
0010 - Loose plate collections 645 — — — 645 2,329
0015 - Regular gift days 1,496 — — — 1,496 1,110
0016 - Giving through church boxes 96 — — — 96 271
0017 - One-off Gift Aid gifts 2,880 — — — 2,880 1,198
0020 - Donations appeals etc 2,532 — — — 2,532 4,184
0021 - Tax recoverable on Gift Aid 11,407 — — — 11,407 8,997
0025 - Legacies 10,500 — — — 10,500 —
0032 - Other funds generated 13 — — — 13 93
Donations and legacies Totals 64,543 — — — 64,543 54,407
Income from charitable activities
0011 - Loose plate Baptism, Wedding 580 — — — 580 1,517
and Funeral
0035 - Fundraising — — — — — 1,494
0050 - Fees for weddings and funerals 482 — — — 482 1,530
Income from charitable activities 1,062 — — — 1,062 4,541
Totals
Investments
0040 - Dividends 4,129 — — — 4,129 4,009
0041 - Bank and building society 67 49 42 — 158 471
interest
0042 - Rent from lands or buildings 139 — — — 139 1,119
Investments Totals 4,335 49 42 — 4,426 5,599
Income and endowments 69,940 49 42 — 70,031 64,546
Grand totals
Expenditure
Raising funds
1010 - Costs of fetes & other events — — — — — 698
Raising funds Totals — — — — — 698
Expenditure on charitable activities
1030 - Giving - Parish Outward Giving 3,562 — — — 3,562 3,622
1033 - Giving - Home mission 40 — — — 40 40
1035 - Giving - Other Grants — — — — — 10
1040 - Parish Share 48,960 — — — 48,960 48,000
1041 - Parish Expenses 4,577 — — — 4,577 3,716
1052 - Church running - Cleaning — — — — — 36
1053 - Church running - Electricity 452 — — — 452 672
1054 - Church running - Gas 1,961 — — — 1,961 2,892

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09 March 2021 Page 9

Total
Unrestricted Designated Restricted Endowment This year Last year
1055 - Church running - Insurance 2,383 — — — 2,383 2,344
1057 - Church running - Maintenance 221 — 486 — 707 2,126
1059 - Church running - Organ / piano — — — — — 314
tuning
1060 - Church running - Organist fees 1,748 — — — 1,748 2,697
1061 - Church running - Parish training 391 — — — 391 331
and mis
1064 - Church running - Upkeep of 1,630 — — — 1,630 889
services
1065 - Church running - Verger fees 90 — — — 90 310
1067 - Church running - Water 133 — — — 133 93
1075 - Church running - Sundries 30 — — — 30 318
1220 - Church major repairs - structure — — — — — 27,264
1222 - Church interior and exterior — — — — — 440
decorating
1223 - Church major repairs - — — — — — 780
consultancy fees
Expenditure on charitable 66,179 — 486 — 66,665 96,895
activities Totals
Other expenditure
1530 - Clergy Accomodation — — — — — 97
Other expenditure Totals — — — — — 97
Expenditure Grand totals 66,179 — 486 — 66,665 97,690

There may be minor discrepancies in the totals if the pence are not being shown

09 March 2021 Page 10

St Peter's Cradley

Analysis of income and expenditure

Selected period: 01 January 2020 to 31 December 2020

Unrestricted
Designated
Restricted
Endowment
Total
This year
Last year
Income and endowments
Donations and legacies
0001 - Gift Aid - Bank
10,160
—
—
—
10,160
9,630
0002 - Gift Aid - Envelopes
4,725
—
—
—
4,725
5,485
0003 - Other planned giving
1,324
—
—
—
1,324
800
0004 - GASDS Planned Giving
1,527
—
—
—
1,527
2,131
0005 - GASDS Loose Plate collections
363
—
—
—
363
2,980
0006 - Gift Aid - Parish Giving
1,130
—
—
—
1,130
—
0010 - Loose plate collections
192
—
—
—
192
110
0012 - Loose collections Baptisms etc
GASDS
208
—
—
—
208
1,961
0013 - Loose collections special
services GASDS
147
—
—
—
147
1,983
0017 - One-off Gift Aid gifts
38
—
445
—
483
906
0020 - Donations appeals etc
1,633
1,000
1,285
—
3,918
2,394
0021 - Tax recoverable on Gift Aid
4,617
—
137
—
4,754
6,155
0031 - One-off grants
—
—
1,000
—
1,000
3,000
0032 - Other funds generated
32
—
50
—
82
223
30,013
26,096
1,000
2,917
—
37,757
Donations and legacies Totals
Income from charitable activities
0035 - Fundraising
523
—
2,213
—
2,735
2,565
0050 - Fees for weddings and funerals
1,314
—
—
—
1,314
2,589
0501 - Christmas fayre
120
—
—
—
120
1,219
4,169
1,956
—
2,213
—
6,373
Income from charitable activities
Totals
Investments
0040 - Dividends
228
—
8,081
—
8,309
8,068
8,309
228
—
8,081
—
8,068
Investments Totals
Other income
0070 - Insurance claims
—
130
—
—
130
606
130
—
130
—
—
606
Other income Totals
28,281
1,130
13,210
—
52,803
Income and endowments
Grand totals
42,621		 Unrestricted
Designated
Restricted
Endowment
Total
This year
Last year
8,309
228
—
8,081
—
8,068
—
130
—
—
130
606
130
—
130
—
—
606
28,281
1,130
13,210
—
52,803
42,621
Expenditure
Raising funds
1010 - Costs of fetes & other events
Raising funds Totals		 —
—
18
—
18
80
18
—
—
18
—
80

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09 March 2021 Page 11

Total
Unrestricted Designated Restricted Endowment This year Last year
Expenditure on charitable activities
1030 - Giving - Parish Outward Giving 972 — — — 972 2,109
1033 - Giving - Home mission 483 — — — 483 870
1040 - Parish Share 14,497 — 8,081 — 22,578 22,135
1041 - Parish Expenses 2,198 — — — 2,198 2,263
1050 - Church running - Alarm, CCTV 44 — — — 44 —
1052 - Church running - Cleaning 410 — — — 410 475
1053 - Church running - Electricity 573 — — — 573 294
1055 - Church running - Insurance 4,266 — — — 4,266 3,797
1057 - Church running - Maintenance 1,188 8,021 — — 9,209 3,323
1058 - Church running - Oil 1,914 — — — 1,914 3,720
1059 - Church running - Organ / piano — — 80 — 80 150
tuning
1062 - Church running - Telephone 205 — — — 205 —
1063 - Church running - Upkeep of — — 180 — 180 549
churchyard
1064 - Church running - Upkeep of 639 21 — — 661 753
services
1065 - Church running - Verger fees 180 — — — 180 570
1067 - Church running - Water 133 — — — 133 93
1075 - Church running - Sundries — — — — — 86
1103 - Hall running - Electricity — — — — — 289
1220 - Church major repairs - structure — 5,058 3,036 — 8,094 5,579
1221 - Church major repairs - — — 5,958 — 5,958 —
installation
1223 - Church major repairs - — 780 — — 780 300
consultancy fees
2531 - Childrens Activities 16 — — — 16 137
Expenditure on charitable 27,718 13,880 17,335 — 58,933 47,491
activities Totals
Other expenditure
2520 - Fabric Insurance — 619 — — 619 26,220
2540 - Bellringer fees — — — — — 480
Other expenditure Totals — 619 — — 619 26,700
Expenditure Grand totals 27,718 14,499 17,353 — 59,570 74,271

There may be minor discrepancies in the totals if the pence are not being shown

09 March 2021 Page 12

ST PETER'S CHURCH LAPAL

Analysis of income and expenditure

Selected period: 01 January 2020 to 31 December 2020

Total
Unrestricted Designated Restricted Endowment This year Last year
Income and endowments
Donations and legacies
0001 - Gift Aid - Bank 14,225 — — — 14,225 17,251
0002 - Gift Aid - Envelopes 3,689 — — — 3,689 4,039
0003 - Other planned giving 3,101 — — — 3,101 3,253
0004 - GASDS Planned Giving 140 — — — 140 —
0006 - Gift Aid - Parish Giving 375 — — — 375 —
0010 - Loose plate collections 102 — — — 102 1,113
0016 - Giving through church boxes 56 — — — 56 216
0017 - One-off Gift Aid gifts 1,519 — — — 1,519 618
0020 - Donations appeals etc 1,132 — 5 — 1,137 5,301
0021 - Tax recoverable on Gift Aid 5,678 — — — 5,678 6,582
0025 - Legacies 300 9,515 — — 9,815 —
0032 - Other funds generated 133 — — — 133 638
Donations and legacies Totals 30,449 9,515 5 — 39,970 39,009
Income from charitable activities
0011 - Loose plate Baptism, Wedding 126 — — — 126 749
and Funeral
0035 - Fundraising 384 — — — 384 3,094
0050 - Fees for weddings and funerals 695 — — — 695 727
0053 - Church Hall lettings - objectives — 3,069 — — 3,069 7,676
Income from charitable activities 1,205 3,069 — — 4,273 12,246
Totals
Other trading activities
0601 - Sales Table — 389 — — 389 1,181
Other trading activities Totals — 389 — — 389 1,181
Investments
0041 - Bank and building society 4 30 6 — 41 72
interest
Investments Totals 4 30 6 — 41 72
Other income
0600 - Other Income 50 — — — 50 —
Other income Totals 50 — — — 50 —
Income and endowments 31,708 13,002 11 — 44,722 52,508
Grand totals

Expenditure

There may be minor discrepancies in the totals if the pence are not being shown

09 March 2021 Page 13

Total
Unrestricted Designated Restricted Endowment This year Last year
Raising funds
1010 - Costs of fetes & other events 203 — — — 203 777
Raising funds Totals 203 — — — 203 777
Expenditure on charitable activities
1030 - Giving - Parish Outward Giving 1,082 — — — 1,082 2,534
1033 - Giving - Home mission 40 — — — 40 —
1034 - Giving - Secular charities — — — — — 229
1035 - Giving - Other Grants — — — — — 10
1040 - Parish Share 27,577 — — — 27,577 27,036
1041 - Parish Expenses 2,678 — — — 2,678 2,203
1052 - Church running - Cleaning 240 — — — 240 40
1053 - Church running - Electricity 292 — — — 292 399
1054 - Church running - Gas 1,247 — — — 1,247 1,712
1055 - Church running - Insurance 670 — — — 670 658
1057 - Church running - Maintenance 140 151 — — 291 1,191
1059 - Church running - Organ / piano — — — — — 240
tuning
1060 - Church running - Organist fees 1,680 — — — 1,680 1,490
1061 - Church running - Parish training 117 — — — 117 348
and mis
1063 - Church running - Upkeep of 247 — — — 247 116
churchyard
1064 - Church running - Upkeep of 484 — 51 — 535 973
services
1067 - Church running - Water 50 — — — 50 46
1068 - Church running - photocopier 432 — — — 432 432
1075 - Church running - Sundries 155 384 68 — 607 138
1102 - Hall running - Cleaning — 800 — — 800 1,040
1103 - Hall running - Electricity — 292 — — 292 399
1104 - Hall running - Gas — 1,247 — — 1,247 1,712
1105 - Hall running - Insurance — 670 — — 670 658
1107 - Hall running - Maintenance — 166 — — 166 73
1117 - Hall running - Water — 50 — — 50 46
1220 - Church major repairs - structure — 4,590 — — 4,590 —
1221 - Church major repairs - — 549 — — 549 2,707
installation
1223 - Church major repairs - — — — — — 780
consultancy fees
Expenditure on charitable 37,130 8,898 119 — 46,147 47,212
activities Totals
Expenditure Grand totals 37,332 8,898 119 — 46,350 47,988

There may be minor discrepancies in the totals if the pence are not being shown

09 March 2021 Page 14

PAROCHIAL CHURCH COUNCIL OF HALAS

NOTES TO THE FINANCIAL STATEMENTS

1 ACCOUNTING POLICIES

Note

The PCC is a registered charity, No. 1132731. The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the Charities SORP 2005.

The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value.

Funds

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.

Incoming Resources

Voluntary income and capital receipts Collections are recognized when received by or on behalf of the PCC.

Planned giving receivable is recognized only when received.

Income tax recoverable on covenants or gift aid donations is recognized when the income is recognized.

Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due. Funds raised by fairs etc. are accounted for gross.

Other ordinary income

Rental income from the letting of church premises is recognized when the rental is due.

Resources used

Grants

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. Activities directly relating to the work of the church

The diocesan quota is accounted for when payable, Any quota unpaid at 31 December,that the PCC/DDC intends to pay or expects to be able to pay, is provided for in these accounts as an operational (though not a legal) liability and is included in creditors on the Balance Sheet.

Fixed Assets

Consecrated land and buildings and movable church furnishings.

Consecrated and beneficed property is excluded from the accounts by s96(2)(a) of the Charities Act 1993.

No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which requires a faculty for disposal since the PCC considers this to be inalienable property, All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvements, is written off as expenditure in the SOFA and separately disclosed.

Other fixture, fittings and office equipment

Equipment used within the church premises is depreciated on a straight line basis over 4 years. Individual items of equipment with a purchase price of £1000 or less are written off when the asset is acquired.

Investments

Investments are valued at market value at 31 December.

Current assets

Income from investments

Dividends and interest are accounted for when receivable.

Gains and losses on investments

Realised gains or losses are recognized when investments are sold. Unrealised gains and losses are accounted for on revaluation of investments at 31 December.

Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectible.

Short term deposits include cash held on deposit either with the CBF Church of England Funds or at the bank.

15 March 2021

Page 15

NOTES TO THE FINANCIAL STATEMENTS

RESERVES POLICY

It is the Policy of the PCC that the Parish Office and each District Church shall endeavour to establish and maintain a reserve on their General Funds equivalent to two months of general running costs to cover unforeseen emergencies.

In addition, the Parish Office shall endeavour to establish and maintain a reserve sufficient to cover any costs incurred in maintaining the building of, and equipment in, the Parish Office.

Each District Church shall endeavour to establish and maintain a reserve on their building funds to cover any cost incurred on regular maintenance, or periodic maintenance identified by the Quinquennial inspection, of their Church Building.

District Churches which have other building(s) or lands,e.g. a Church Hall, shall endeavour to establish and maintain a reserve on their appropriate funds to cover any cost incurred on regular maintenance, or periodic maintenance, of their Building(s) or Lands. A similar reserve shall be derived for the Parish Office, which shall be apportioned to each church on the same basis as Parish Share.

Initially, the value of each reserve shall be submitted to the Parish Finance Committee for recommendation and reporting to the PCC for their approval.

Subsequently, the identification of any expense which may exceed, or seriously reduce, the associated reserve shall immediately be reported to the Parish Treasurer and Chairman of Parish Finance who, if required, will call a meeting of the Parish Finance Committee to discuss the implications of such reduction in reserves and to recommend any forward action required, while keeping the PCC Chair and Vice Chair fully informed.

The status of the various reserves shall be reported at least annually to the Parish Finance Committee for onward reporting to the PCC and the Parish Treasurer for inclusion in the Annual Report as required by the Charities Act.

REFERENCES:

PCC Accountability – The Charities Act 2011 and the PCC – 4[th] Edition

Stewardship Network Good Practice Guide: 2 – A Simple Guide to Parish Reserves Policies.

15 March 2021

Page 16

NOTES TO THE FINANCIAL STATEMENTS

2 STAFF COSTS

2020 2019 Wages & Salaries 18,560 18,731

During the year the PCC employed 6 people. One earned more than £8500. They were employed as organists, choir leaders, cleaners and administrators. Three employees were members of the PCC. They were paid a commercial rate for work in administration.

3 AUDITOR’S REMUNERATION

The auditor’s remuneration amounted to £1716 (2019 £1668) including VAT.

4 FIXED ASSETS FOR USE BY THE PCC

4(a) Tangible fixed assets :-

High St St Peter’s Hall Total 363 104027 104390

Lapal, St Peter’s Hall is shown at cost: High St represents a notional value of the freehold to part of the school premises.

4(b) Investments

Church Fund Account No of
Shares		 Value Previous
Value
PCC ClergyHouses 6101: CCLA - ClergyHouses Shares 16,069.19 329,214 308,032
Goodman
Trust		 6102: CCLA - Goodman Trust
Shares		 1,864 38,188 35,731
St John General Fund 6201: CCLA - ClergyHouses Shares 388 311
Fabric Fund 6202: H'Owen PCC/Hackett/Maint
CH FAB & SER		 24,066 22,511
Fabric Fund 6203: Frank Stevens/Thomas Lea
(Fabric Maint)		 235,868 220,633
Fabric Fund 6204: Ellesmore/Clare Tildesley Beq
BelfryFnd		 1,759 1,646
St Kenelm Fabric 6301: Hackett Legacy 804 16,472 15,412
Churchyard 6302: Wagstaff Legacy 366 7,498 7,016
Churchyard 6303: Johnson Legacy 2 41 38
Herbert R
Haden
Memorial		 6304: Herbert R Haden Memorial
Legacy		 2,357.69 48,303 45,195
Fabric 6305: Rev E J Owen Legacies 132 2,704 2,530
Endowment 6306: Endowment Shares 854 17,496 16,370
Churchyard 6307: Mr L J Andrews Legacies 66 1,352 1,265
Fabric 6308: Fabric1 265 5,429 5,080
Fabric 6309: Fabric2 7,720 155,812 145,787
Herbert R
Haden
Memorial		 6310: HRHM2 3,184.53 66,777 62,480
St Margaret Bequest 6401: CCLA - Shares 32,343 29,552
Fabric Fund 6401: CCLA - Shares 77,250 73,166
General fund 6401: CCLA - Shares 37,522 35,206
St Peter,
Cradley		 St Katherine 6501: CCLA St Katherine 288,475 269,914
Historic
Graves		 6502: CCLA Twigg 2,356 2,204
Historic
Graves		 6503: CCLA Oliver 5,798 5,425
TOTAL 1,395,111 1,305,504

15 March 2021

Page 17

NOTES TO THE FINANCIAL STATEMENTS

5 INTERNAL PARISH/ DCC ACCOUNTS

Parish Expenditure is part funded by contributions from each DCC. Charges are made by the Parish in order to achieve a zero net movement in Parish funds (i.e. income = expenditure). These charges are either direct charges (for goods and services supplied to the DCC) or based upon Parish Share ratios (where goods and services are a shared benefit). The following tables show the status of the accounts between each DCC and the Parish. A negative figure indicates the amount owing to the Parish.

2020 BroughtForward Charges Payments CarriedForward
St John 2,728.78 5,646.45 2,771.22 -146.45
StKenelm 7.59 2,549.34 2,234.00 -307.75
StMargaret 3,086.96 4,576.74 2,313.04 823.26
StPeter, Cradley 989.87 2,198.13 1,470.13 261.87
StPeter,Lapal 1,872.99 2,678.37 1,247.01 441.63
Total 8,686.19 17,649.03 10,035.40 1,072.56

6 FUND DETAILS

Fund Name Fund Type Purpose
Parish Funds
General Fund Unrestricted
Outward Giving Fund Restricted Funds collected by each church or donated centrally to
be used for missionary purposes (see note 14).
Clergy Houses Fund Designated Holds the proceeds of sale of clergy housing. The PCC
has designated the income to support the funding of the
parish office.
Goodman Trust Fund Endowment Available for the benefit of young people in the parish.
Bishop's Mission - Brick Church Restricted Grant from Diocese
St Peters, Cradley
General Fund Unrestricted
Bloomer Restricted Upkeep of the altar in the church.
Chapman Restricted Given to support Bloomer Altar including altar cloth
and consumables eg wine, wafers etc
Community Hub Phase 1 Restricted
Fabric Restricted Upkeep of the fabric of the church.
Historic Graves Endowment Income to maintain nominated graves
LewisDavies Restricted Used for supporting curate and general work re children
and mission
OrchardMeadow Restricted
Organ Restricted Monies for replacement organ
QuinQuennial Designated
St Katherine Restricted/End Income to be used for mission eg Parish Share by
owment agreement with WDBF

15 March 2021

Page 18

NOTES TO THE FINANCIAL STATEMENTS

Fund Name Fund Type Purpose Tower Clock Restricted

St Johns, Halesowen

General Fund Unrestricted 1-3 club Designated 2020 Vision Fund Designated/Re Refurbishment of St Johns stricted Bellringers Fund Designated Bookstall Designated Clock fund Restricted Events Committee Designated/Re To be used according to the requests of the DCC. stricted Fabric Fund Restricted/End Upkeep of the church. owment Flower Guild Designated Friends of St John's Restricted Junior Church Fund Designated/Re stricted Music Fund Designated Support the activities of the choir in the church. Organ Maintenance Fund Restricted Upkeep of the church organ. Organ scolarship Fund Designated Pew Cushion Appeal Designated ST John Youth Group Designated Window restoration Fund Restricted

St Margarets, Hasbury General Fund Unrestricted Fabric Fund Endowment Upkeep of the church Bequest Fund Designated The development of the church.

St Peters, Lapal General Fund Unrestricted Bequest Fund Designated Designated for mission Choir Fund - JL Restricted For use by the choir of that church Fabric Fund Designated/Re Heating and music system stricted Flower Guild Restricted Hall Fund Designated Designated to the refurbishment of kitchen and help towards church costs Memorial Designated Legacies Fund Designated Money left to the Church in a Will St Kenelms, Romsley General Fund Unrestricted Churchyard Restricted/End Upkeep of the churchyard. owment Endowment Restricted/End To Ensure an Active Priestly Ministry in Romsley owment Fabric Restricted Maintenance of the Church Friends Designated Herbert R Haden Memorial Restricted/End Maintenance of Church Fabric and Provision of Interior owment Fittings

15 March 2021

Page 19

NOTES TO THE FINANCIAL STATEMENTS

Fund Name Fund Type Purpose Magazine Designated To identify income and expenses of the Magazine Memorial Designated Mothers Union Designated Organ Restricted Upkeep of the Organ Project Designated/Re stricted

Unrestricted Funds:

Money to be used at the discretion of the PCC/DCC in meeting their everyday expenses in furthering the mission and ministry of the Church.

For clarity, unrestricted and designated funds belonging to DCCs are treated as restricted funds when aggregated in the parish accounts as these funds can only be used by the DCC to which they belong.

Designated Funds:

Unrestricted funds that have been designated by the PCC/DCC for a particular purpose. They may be redesignated or un-designated as the PCC/DCC so decides.

Restricted Funds:

Funds given for a particular purpose and can only be used for that purpose.

Endowment Funds:

Another form of restricted fund in which only the income from the capital can be spent or benefit gained from an asset as stipulated, and the capital or asset must be retained.

7 ETHICAL INVESTMENT POLICY

An Investment Policy has been prepared, covering the parish policy on reserves and on funds in deficit. The PCC has a policy that funds are invested in CBF Church of England Funds. Central PCC funds are banked with Unity Trust Bank Plc, part of the Cooperative Bank Plc. Both the CBF and the Cooperative Bank Plc have declared policies on ethical investments.

8 GRANTS TO MISSIONARY WORK

The following grants were made from Mission funds in 2020:-

Organisation £
Church Mission Society 1,462
Church Urban Fund 1,462
Churches Together Halesowen Welcome Group 1,462
Embrace the Middle East 1,462
Freedom from Torture 1,462
Friends of the Earth 1,462
Médecins Sans Frontières 1,462
St. Basil's 1,462
The Children’s Society 1,462
USPG 1,462
WaterAid 1,462
Total 16,082

£11,586.83 was added to Mission Funds from funds collected in 2020.

15 March 2021

Page 20

NOTES TO THE FINANCIAL STATEMENTS

Individual churches and organisations within the parish gave other amounts to charities during the year.

Calculation

The amount each DCC contributes annually is calculated as 10% of the sum of income codes 0001 to 0010 for the financial year.

In 2020 two DCC's were allowed to reduce the percentage in the calculation to 5%

From 2021 the calculation will change to 10% of the sum of income codes 0001 to 0010, and 0021 for the financial year

9 OCCASION FEES

During the course of the year the Parish Office collected and disbursed fees for weddings, funerals, cremations, burials, memorials, inscriptions, banns and renewal of vows as follows:

2020 2019
Recipient Amount (£) Amount (£)
Income
St John DCC 1,128.75 1,925.95
St Kenelm DCC 3,073.20 3,427.30
St Margaret DCC 431.90 1,729.65
St Peter, Cradley DCC 1,131.45 2,425.05
St Peter, Lapal DCC 718.25 981.35
PCC 6,793.40 10,850.95
13,276.95 21,340.25
Agency Collection
Worcester DBF 15,389.05 16,081.75
Officiant 206.00
St John - Organist 600.00 2,470.00
St John - Choir 75.00 75.00
St John - Bellringers 160.00 1,275.00
St John - Verger 150.00 555.00
St Peters, Lapal - Organist 180.00 355.00
St Peters, Cradley - Organist 245.00 1,275.00
16,799.05 22,292.75
On Account 444.00 1,729.00
Total 30,520.00 45,362.00

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Page 21

NOTES TO THE FINANCIAL STATEMENTS

10 Parish Share

During the course of the year the following Parish Share was paid.

DCC Target Paid Unpaid
St John £63,314 £38,000 £25,314
St Kenelm £25,671 £25,671
St Margaret £48,960 £48,960
St Peter, Cradley £22,578 £22,578
St Peter, Lapal £27,577 £27,577
Total £188,100 £162,786 £25,314

Unpaid parish share has not been included in the accounts as a liability.

15 March 2021

Page 22

NOTES TO THE FINANCIAL STATEMENTS

FINANCIAL INDICATORS AND TRAFFIC LIGHTS

General Reserves Reserves Building Reserves Building Reserves Designate
d Funds		 Permanent
Endowments		 Overall
Indicator
not
included in
General or
Building
Reserves		 (non-
spendable
core capital
components)
A B C D E F G H I J K L
Surplus
?		 Deficit
?		 General
Funds (incl
Hall Funds
where
appropriate
)		 Minimu
m
Reserve
(2
months)
General
Exceeds
Minumum
Reserve
Y/N?(C>D?)		 Genera
l Funds
Reserv
e in
Years
(D/C)		 Building
Funds -
Total
Spendable
(see note
1)		 Minimum
Building
Reserve		 Spendabl
e exceeds
minimum
Y/N?
(G>H?)		 Green,Amber,
Red?
SJ 4,173 9,575 21,500 N 2.3 57,498 28,500 Y 5,455 261,693 Amber/Red
SK 2,043 17,397 7,000 Y 164,731 30,000 Y 1,998 148,575 Amber
SM 3,366 15,810 11,000 y 16,097 15,000 y 18,915 36,000 Green
SPC 159 14,929 5,746 y 19,071 15,000 y 296,629 Green
SPL 1,624 9,884 8,000 Y 11,993 8,000 Y 10,720 0 Amber
PCC 7,060 5,363 Y 3,500 3,500 Y 329,214 38,188 Green

15 March 2021

Page 23

NOTES TO THE FINANCIAL STATEMENTS

All shown in £ except where specified

Condition Green: Annual Surpluses on General Fund and Minimum General and Building Reserves exceeded .

i.e. covering operating costs etc and can afford to maintain its building. Currently financially satisfactory.

Condition Amber: Annual Deficits on General Fund, but General and Building Funds exceed Minimum Reserves.

i.e. not covering operating costs etc, but has sufficient funds to carry on, and can maintain its building. At risk of future insolvency if financial weakness not addressed.

Condition Red: Annual Surpluses or Deficits on General Fund, but General or Building Reserves below Minimum.

i.e. cannot, or in danger of not being able to meet, its operating costs etc, and/or cannot afford to maintain its building. Significant risk of insolvency.

15 March 2021

Page 24

NOTES TO THE FINANCIAL STATEMENTS

Summary of Spendable Funds

SJ SK SM
Unrestricted Restricted Unrestricted Restricted Unrestricted Restricted
Total income 74,664 10,345 35,808 8,065 69,988 42
Total expenditure 79,500 11,732 38,522 4,203 66,179 486
Net income / (expenditure) resources before transfer -4,836 -1,387 -2,714 3,862 3,810 -444
Gross transfers between funds - in 21,953 410 1,135
Gross transfers between funds - out -21,953 -410 -1,135
Gains / losses on investment assets 78 11,608 4,313 4,879
Gains on revaluation, fixed assets, charity's own use
Net movement in funds -4,758 -1,387 -2,714 15,471 8,123 4,436
Total funds brought forward 62,688 62,167 22,110 174,706 96,875 52,416
Total funds carried forward 57,930 60,779 19,396 190,177 104,998 56,851
SPC SPL Parish
Unrestricted Restricted Unrestricted Restricted Unrestricted Restricted
Total income 29,411 13,210 44,711 11 33,177 1,015
Total expenditure 42,217 17,353 46,231 119 32,177 4,495
Net income / (expenditure) resources before transfer -12,806 -4,142 -1,520 -108 1,000 -3,480
Gross transfers between funds - in 18,826 9,107
Gross transfers between funds - out -5,799 -13,026 -9,107
Gains / losses on investment assets 21,182
Gains on revaluation, fixed assets, charity's own use
Net movement in funds 220 -17,169 -1,520 -108 1,000 17,702
Total funds brought forward 34,042 46,685 35,056 1,910 9,560 345,854
Total funds carried forward 34,262 29,517 33,536 1,802 10,560 363,556

Notes

1 Spendable funds are all funds excluding endowment funds and SPL church hall valuation (£104k)

2 Restricted funds are those funds that have a restriction as to how they can be spent

3 Unrestricted funds have no restriction on how they can be spent and comprise of the general fund and all designated funds

15 March 2021

Page 25

NOTES TO THE FINANCIAL STATEMENTS

Summary

The Financial Indicator and Traffic Lights report shows what has happened in terms of running costs and building maintenance for the year, the reserves held for both costs and the likely number of years each reserve will last for the current deficit.

The Summary of Spendable Funds report shows where useable funds are held by each church and have they have changed over the year.

This has been a tough year due to the pandemic, where income has fallen across the board. Restrictions on expenditure have meant that the expected deficits are reasonable. This has been achieved by one DCC being unable to pay Parish Share in full and two DDCs restricting Outward Giving to 5% rather than 10%.

.

15 March 2021

Page 26