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2021-12-31-accounts

All Saints, Odiham - Annual Parochial Church Meeting

All Saints Parish Church, Odiham

Annual Parochial Church Meeting

Held in Church

on

Monday May 16th 2022 at 19.30

Registered Charity Number 1132860

Annual Parochial Church Meeting

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All Saints, Odiham - Annual Parochial Church Meeting

Annual Report 2021 Treasurer’s Report and Accounts Year ended December 31st 2021

Contents

Introduction Our Mission, Strategy and Plans Leadership and Resources Grow Share Tell Structure and Governance Administrative Information Finance and Accounts

Page 3 Page 3-5 Page 5-7 Page 7-10 Page 10-12 Page 12-14 Page 14 Page 14-15 Page 15-23

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All Saints, Odiham - Annual Parochial Church Meeting

Annual Report

1. Introduction

Last year, in our April 2021 Annual Report, we talked about our hope that we would be able to fill the vacancy of Vicar of All Saints in late 2021 and we were delighted to licence Chris Dudgeon into this role on May 16th 2021, after his period of providing pastoral oversight for the Parish.

The pandemic has provided some significant challenges for us all; however we continued to provide opportunities for worship each week, as well as pastoral care and prayer… and sense that we have come through this difficult period much stronger.

The following Report sets out some of the highlights from 2021 and our plans for the future and we hope that you enjoy reading this important update.

Finally thank you all for everything you do to support All Saints and for your generous gift of skills and time… it is very much appreciated by all the clergy team and our local community.

2. Our Mission, Strategy and Plans

The Mission for All Saints is that ‘we are passionate about seeing everyone’s lives transformed in the name of Jesus’.

Our Strategy is to achieve this by focusing on three main areas of:

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All Saints, Odiham - Annual Parochial Church Meeting

In October 2021, the PCC met at Malshanger and agreed a series of investments to support our Strategy, using the financial, people and prayer resources of the Church.

We are blessed with good financial reserves, which result from generous grants and careful financial management over the last few years. In addition, we have a strong clergy and volunteer team to implement our plans, which cover four main areas.

We have therefore agreed to invest up to £40,000 each year for three years to support the areas of Pastoral Care, Children and Families and Outreach and Communications. In addition will be increasing our external giving.

Set out below are some details about these priorities.

2.1 Giving - outward and inward – led by Eamon van der Flier

Outward Giving

We have agreed to give away 10% of our income or c.£16,000 each year to support three areas outside of All Saints covering:

We are in the middle of evaluating options and will be making decisions over the coming months. This is an exciting opportunity to reach out and share our resources (finance, people and prayer) with others, who need help to achieve their own vision and purpose.

Inward Giving

We also plan to increase our inward giving by c.10% each year to support our Mission and Strategy. This will be a vital part of our plan to ensure that it’s sustainable in the long term.

2.2 Pastoral Care (Share) – led by Simon Butler

One of the key roles of our church is to provide support to people, who are experiencing difficult times in their lives and need support to cope with their situation and start their journey of recovery.

We have therefore agreed to recruit a full time Pastoral Care Worker across the Benefice, funded 50% by All Saints, Odiham and 50% by St Mary’s Mapledurwell for three years.

This is an exciting opportunity to increase our work with older people and those bereaved, as well as, in the longer term, people who are experiencing difficulties with mental health and wellbeing, finance, marriage, addiction and more.

2.3 Children and Families (Grow) – led by Amber Beresford

Over the last few years our work with Children and Families has grown and we now have at least 20 children, who regularly attend on Sunday mornings.

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All Saints, Odiham - Annual Parochial Church Meeting

There is a huge opportunity to increase this further and we have agreed to recruit a full time Children and Families Worker to oversee the organisation of the children’s groups, aged 0 – 11 years), reach out to local families and build relationships with parents to enable them to teach and deepen their children’s faith. They will work closely with our Youth Pastor, Helen Chatfield, who will focus on the older age group of 11- 18 years.

2.4 Outreach and Communications (Tell) – led by James Lee

We have identified an opportunity to improve the way we communicate within and outside the church and reach out to the local community.

We have appointed a part time Outreach and Communications Officer (Ali Fanshawe), who will develop engaging ways to involve everyone in our Mission, Strategy and Plans using a wide variety of media including noticeboards, our website, social media and more.

3. Leadership and Resources

3.1 North Hampshire Downs Benefice

All Saints, Odiham forms part of the wider North Hampshire Downs Benefice of twelve churches, which is led by Simon Butler, our Rector. He leads a team of five clergy, office staff, lay ministers and lay worship leaders to support the overall strategy for mission, worship and pastoral care across the benefice. Members of the benefice team meet regularly to pray together and discuss plans for the future.

3.2 Leadership

Strong leadership is a vital part of our Mission and Growth and we are blessed with a strong team led by Chris Dudgeon, our Vicar, with support from other members of the Benefice team, including Amber Beresford, our Curate; Helen Chatfield, our Youth Pastor, as well our Churchwardens, Sue Murphy and Emma Langdon. We were delighted to welcome Amber when she was ordained in July 2021, and she devotes part of her time to Odiham, and part to Herriard.

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All Saints, Odiham - Annual Parochial Church Meeting

In addition we have twelve lay members of the PCC and a large number of wonderful volunteers, who generously give so much time each week across all our different activities.

This ensures that we provide a wide variety of opportunities for everyone worshipping at All Saints and meet the needs of the local community.

3.3 Buildings

Over the last year the Fabric Committee have worked hard to maintain our buildings and ensure that we have an attractive and engaging place for worship, meetings, and events.

One of their main focuses in 2021 was the refurbishment of the Chancel Roof, which was completed just before Christmas, with strong support from the Church Commissioners and the Friends of All Saints.

3.4 Finance

All Saints is in a healthy financial position, with reserves that enable us to give away, externally, 10% of our income to meet the needs of others and invest in Mission and growth over the next three years.

However, our Vision goes way beyond this and we need to increase our level of ‘internal giving’ by at least 10% each year to sustain our growth and investment in children and families, pastoral care, outreach and other areas

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3.5 Serving Teams/Volunteers

All Saints depends on a large band of volunteers to support so many different aspects of our church life including the PCC; welcoming and coffee teams; children’s work; the choir; the bell ringers; sacristans; reading and prayers; fabric and buildings maintenance; the churchyard; church cleaning; flowers and so many more.

We would like to say a huge ‘Thank You’ to everyone, who support All Saints in any way. We literally could not provide our community with all that we offer without your generous gift of time and support.

4. Grow - growing in our faith, as authentic disciples of Christ

4.1 Sunday Services

At the start of lockdown, in early 2021, we continued with our online services, with a mix of pre-recorded and live Zoom services.

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Services in person resumed in April and the numbers attending on Sundays have gradually increased to near pre-lockdown levels. Indeed we recently enjoyed having well over 200 people worshipping together on Easter Day!

We settled back into a pattern of services at 9.30am (traditional) and 11am (informal), and we were also able to resume choral evensong on the first Sunday evening of each month at 6pm. The services at 9.30 have been live-streamed each week for those who are unable to get to church.

We had a visit from Bishop David for Chris’ licensing as Vicar on Sunday May 16th.

By November, restrictions were continuing to lift, and so we were able to resume our Remembrance Sunday service, albeit without parades, and a full range of services at Christmas.

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4.2 Music and Worship

For the first few months post-lockdown, no singing was allowed at any of our services, but we continued to enjoy music on our splendid organ, together with contemporary pre-recorded music, as worship in church resumed and we hummed our way through hymns and songs!

But now we are joyfully back to singing again, and it’s hard to remember what things were like just 12 months ago!

We have been supported by a group of faithful organists over the last 9 months, and we have just recently been able to appoint Nick Woods as our new permanent church organist.

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The

choir has resumed singing, and there are regularly 12-15 members of the choir leading our sung worship at the 9.30am morning service and 6pm evensongs. We are so grateful to them for all they do.

Since Christmas, we have also been able to launch a worship band at the 11am informal service, as well as periodic ‘Big Church Brunches’.

Our faithful team of Bellringers have also resumed, reminding everyone from across our community that worship is about to begin on Sunday mornings. After more than a year of mechanical breakdown, our church tower clock has undergone major repairs, and many have said how good it is to hear the church clock chiming throughout the village again.

4.3 Prayer

Prayer is at the heart of everything we do as a Christian community, and, throughout the turbulence of the last two years, we have sought to be faithful to Paul’s charge to the early church in Thessalonica: "Rejoice always, pray continually, give thanks in all circumstances; for this is God’s will for you in Christ Jesus (1 Thessalonians 5:16-18)."

As normal life has resumed, we have been able to enjoy prayers of intercessions during services on Sundays, praying for one another at the end of services, prayer in our re-started homegroups, and praying in one another’s homes - and we have been constantly encouraged by the way God has drawn close and situations have changed, as we have persevered in prayer.

Our monthly Prayer Supper, which was held by zoom during lockdown, has now re-launched in person, and we regularly have 15-18 getting together to pray for the life and growth of the church on the second Tuesday of each month. All are welcome to join us to pray together.

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More recently we have enjoyed a wonderful Lent Course on Prayer at All Saints, led by Carol Gibbons and Rev’d Amber Beresford.

4.4 Home Groups

Home Groups form a vital part of our fellowship and spiritual growth.

We meet as smaller groups of, perhaps, six to twelve people in homes and sometimes churches. They are places where we can grow deeper in our relationship with God and with one another… places to study the Bible, eat food together and share in fellowship and support.

Amber co-ordinates and promotes Home Groups across the benefice. All Saints currently has three groups and we are looking to increase this number over the coming year.

4.5 Children and Families

Much of our growth recently as a church has come from young families joining the church, at both our 9.30am and 11.00am services.

Excitingly, the number of children attending All Saints on a Sunday has grown from an average of about 12 on a Sunday pre-lockdown, to an average of about 18-20 now, and we are praying that this growth will continue. Most of these children attend the 11am informal service, but encouragingly a few young families now attend the 9.30am service too.

This growth has meant that we have now had to multiply the number of children’s church groups we have, and we now have three groups at the informal service for different ages - one for toddlers in the Belltower, and two for older children, which now meet in the Bridewell, via a new collaboration with Odiham Parish Council, who have enabled us to meet in the Book Exchange on Sunday mornings

4.6 Weddings, baptisms and funerals

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During 2021 we held seven weddings/blessings, six baptisms and twenty seven funerals/cremation/thanksgiving services. Each occasion provides an important opportunity to share the word of God and provide support for people, as they journey through life.

5. Share - sharing God’s love in practical ways in our community

5.1 Foodbank

Odiham Foodbank, which was launched by All Saints Church at the start of lockdown in 2020, has remained very busy over the last year.

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After a quieter summer in 2021, we provided an average of six parcels per week, which has recently increased to eight.

The Foodbank has served more than 25 households over the past year, with support provided to more than 60 people.

We are currently developing a Signposting leaflet, as a way of highlighting local support for Foodbank clients in the longer term, and this has already resulted in the formation of a number of encouraging, local collaborations with organisations such as the Odiham Health Centre and Odiham Consolidated Charities (OCC).

We were also able to provide Tesco vouchers worth more than £3,000 to many local families over Christmas, working in partnership with local schools and the Foodbank itself… as we did in 2020.

5.2 Pastoral Care

Pastoral Care is a core part of our Ministry at All Saints and, once we have recruited our new Pastoral Care Worker, we will be able to increase our support for the elderly, the bereaved and others who need our help and support.

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5.3 Giving

In October 2021, we identified giving, both externally and internally, as an vital part of our Mission. We are developing plans to support a local church, a local community need and a global mission partner over the next year.

5.4 Fete

In 2021 we were able to hold our annual All Saints Fete on a revised date of the second Saturday in September - which proved to be a great date for families, who were all back from holidays… and more than 3,000 people attended.

At one stage we had queues to look round the RAF Chinook more than 100 yards long, and traffic backing up a long way down the Farnham Road, as people tried to park.

A great day was had by all, and we plan to hold the fete again this year (2022) at a similar time, on Saturday 10th September.

5.5 Open Gardens

It was a real pleasure to hold Open Gardens again after missing 2020. Twelve

generous owners opened their gardens for everyone to enjoy. Nearly 850 people took part on a lovely sunny afternoon in May.

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All Saints, Odiham - Annual Parochial Church Meeting

5.6 Carols in the Bury

We held our usual Carols in the Bury service after missing 2020 due to the pandemic and this was well attended by over 400 people.

5.7 Other activities

We have a wide variety of other activities through our affiliation with the Mothers’ Union, Film and tea afternoons, lent lunches, concerts and so much more.

6. Tell - telling others about Jesus, that they would know His love

6.1 Outreach and Communications

At our PCC Awayday in October 2021 we agreed that we need to improve our communication and outreach and have embarked on an ambitious plan, which will emerge over the coming months.

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6.2 Alpha

Alpha provides a great opportunity to stand back, take stock, and re-explore the foundations of our Christian faith over 8 evening sessions, with excellent videos, coffee and discussion… and new friendships formed along the way.

During lockdown we moved our Alpha courses online, which, whilst feeling strange to start with - no opportunities to eat together! - has proved to be a big success.

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We have run two Alpha courses in Odiham over the last 12 months, with more than 32 people participating – many would not have been able to join had it not been for them being online.

Several people who have done Alpha are now joining homegroups, and we are planning to run another Alpha course in Autumn 2022.

6.3 Youth and Schools

Across the Benefice, our work amongst youth and schools is brilliantly led by Helen Chatfield and we continue to have very active ministry in Buryfields, Mayhill and Robert Mays schools.

Helen has restarted our lunch club/Christian Union at Robert Mays, after the pandemic and this is well attended.

In addition, Helen organised a holiday club in August, which was very popular with children from right across the Benefice and the older youth went away on a residential trip to the Isle of Wight.

We are very grateful for all that Helen has done in leading this important ministry over the last year.

7. Structure, Governance and Management

The method of appointment of PCC members is set out in the Church Representation Rules. The PCC consists of the Vicar, the Curate, the churchwardens, members of the deanery and diocesan synods and members elected by those members of the congregation, who are on the electoral roll of the church.

All those who attend church regularly are encouraged to enrol on the Church Electoral Roll and stand for election to the PCC.

The PCC are responsible for making decisions on all matters of general concern and importance to the Parish including how the funds of the PCC are spent. The full PCC held 6 meetings during 2021 (some of these via Zoom). Committees met as required and the minutes were received by the full PCC and discussed where necessary.

Peter Moore has recently retired as our Electoral Roll Officer and Alan Caddick was appointed to take over this position in May 2022. A huge thank you to Peter for all that he has done over many years in the important role.

8. Administrative Information

All Saints Church is situated in The Bury, Odiham. It is part of the North Hampshire Downs Benefice in the Anglican Diocese of Winchester within the Church of England Province of Canterbury. The church office moved to be part of a Benefice office in November 2017. The correspondence address is The Church Office, Ostlers Place, Deer Park View, Odiham, Hampshire, RG29 1JY. In June

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All Saints, Odiham - Annual Parochial Church Meeting

2021, we were delighted to welcome Joanna Hurley to our staff team as the new Church Administrator for All Saints, Odiham, and she is doing a wonderful job.

The Parochial Church Council (PCC) is a corporate body established by the Church of England. The PCC is registered with the Charity Commission with the charity number 1132860.

PCC members who have served from January 1st 2021 until the date this report was approved are:

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Benefice Incumbent: Revd Simon Butler
Parish Priest: Revd Christopher Dudgeon (Chair)
Curate: Revd Amber Beresford (from July
4th 2021)
Churchwardens: Mrs Emma Langdon
Mrs Sue Murphy
Representatives on Dr Carol Kirkpatrick
the Deanery Synod:
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Elected Members

Mr Alan Caddick From April 2021 Mrs Gail Drayton From April 2021 Mrs Pauline Dudgeon From April 2021 Mr Hamish Elvidge (Secretary) From April 2019 Mrs Andrea Isbister From October 2020 Mr Roger Jones From April 2021 Mr James Lee From April 2021 Mrs Lynn Lymer From April 2021 Mrs Deborah Markham From April to November 2021 Mr Philipp Schuster From April 2021 Mr Gordon Scutt From April 2021 Mrs Hermione Wainwright From April 2021 (Treasurer) Mr Simon Wilders From April 2021

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All Saints, Odiham - Annual Parochial Church Meeting

This report was approved by the PCC on Tuesday May 3rd 2022 and signed, on their behalf, by Revd Chris Dudgeon (Chair).

10. Finance

10.1 Introduction

Set out below are the financial statements for the year, 2021. These have been kindly prepared by Hermione Wainwright, our Treasurer, who, sadly, decided to stand down in January 2022, due to other work commitments. However, she generously agreed to prepare all our accounts for 2021 and we offer a huge thank you for all her work over the last eighteen months.

10.2 Financial Review - 2021

We are pleased to report that, despite another challenging year for our community, our overall funds have increased from £357,313 to £389,925.

The overall movement on the total fund was an increase of £32,612. Whilst 2021 saw a more normal pattern of both regular and fundraising activities than in 2020, it was still a long way from pre-pandemic levels and was a far better outcome than expected at the beginning of the year. The PCC is incredibly grateful for the financial support maintained by our parishioners this year, especially with all the challenges that the pandemic has brought.

The balance held on the General Fund is more than sufficient to satisfy our Reserves Policy and the cash easily accessible, that is in our current account and in our no-notice CBF deposit account totals £217,585 (Lloyds £85,164 and CBF Deposit £132,421).

During 2021, our volunteer bookkeeper, Bill Wrench, processed 210 payments with a total value of over £183,233. This is in addition to our parish share of £74,706, which is paid by standing order directly from our bank account.

723 receipts were credited directly to our bank account, totalling £115,155 together with around 125 cheques totalling around £90,000. Of these, a total of £1,452, related to Love your Churchyard payments.

This was the second full year of being a part of the Parish Giving Scheme and this has continued to increase in popularity. We now have over 40 people signed up to the scheme and receipts for the year totalled £25,600 with an additional £6,370 through Gift Aid.

Approximately 100 receipts totalling £22,750 have been received from regular advertisers in the Parish News.

All in all, approximately 1,200 individual transactions were posted into the ledger during the year. Included in these would have been transactions not listed above such as invoices paid by direct debit and standing order, gift-aid receipts, Just Giving receipts and the accruals and prepayments required to ensure the accuracy of the quarterly and annual financial reporting cycles.

10.3 Independent Examiner's Report to the PCC of All Saints Church, Odiham

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All Saints, Odiham - Annual Parochial Church Meeting

I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 December 2021

Responsibilities and basis of report

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

I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

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

  1. Accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

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

  3. The accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of lreland (FRS 102)].

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

Mrs Caroline Scull FCCA

B20 Limited Chartered Certified Accountants Charwell House Wilsom Road Alton, Hampshire GU342PP

10.4 Treasurer’s Report for the year ended 31 December 2021

The PCC is incredibly grateful for the financial support maintained by our parishioners this year, especially with all the continued challenges that the pandemic has brought, and we are pleased

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to report that the overall funds have increased from £357,313 to £389,925.

General Fund

The overall movement on the total fund was an increase of £32,612. Whilst for some portions of the year there was a continued drop in activities due to the restrictions and regulations in place, and therefore a drop in income, the periods of times without restrictions saw more than average activities with pent up demand.

As described in the last Annual report, fees from weddings and funerals are collected and distributed at Benefice level so only the PCC portion of the statutory fees are shown in our accounts, hence the significantly lower figures compared to previous years.

This was the second full year of being part of the Parish Giving Scheme and this has continued to increase in popularity, with over 40 people now signed up to the scheme. We are still keen for anyone donating regularly to consider participating in the scheme, which results in less administration at parish level and also may increase cash flow as gift aid is received each month.

Restricted Funds

With the appointment of Revd. Chris Dudgeon in May 2021 there have been minimal movements within the Vicar’s Discretionary Fund. With the continuation and increased need for the Odiham Foodbank this year, the fund closed with a balance of £6,297.

Reserves

The balance held on the General Fund is more than sufficient to satisfy our Reserves Policy and the cash easily accessible, that is in our current account and in our no-notice CBF deposit account totals £217,585 (Lloyds £85,164 and CBF Deposit £132,421).

Thanks

Finally, completion of the financial statements and accounts is by no means just the work of the Treasurer and there are many people to thank, not least for their patience:

Bill Wrench, our bookkeeper, who has been a stalwart supporter and a font of knowledge on all things finance and our finance system.

Joanna Hurley, our administrator, who has taken on an ever-increasing level of involvement in all things finance over the last year.

The Gift Aid team – Wendy Bolland, who manages the planned giving and runs the Gift Aid system alongside Joan Jones who registers donations and submits our claims for Gift Aid.

David Smith and Graham Woodhouse who have counted and deposited the offertory cash on a weekly basis (when allowed by restrictions!).

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The members of the Finance and Stewardship Committee who have been a great source of advice and a knowledgeable sounding board.

Fundraising has been especially challenging this year, so a special thank you to all the fundraisers and to those who assisted them.

And finally thank you to Caroline Scull, our independent examiner, for the help and advice she gives in the preparation of the accounts.

10.5 Balance Sheet

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All Saints, Odiham - Annual Parochial Church Meeting

ALL SAINTS' PARISH CHURCH, ODIHAM Charity registered number 1132860

BALANCE SHEET AT 31 DECEMBER 2021

Note
FIXED ASSETS
Investments
CURRENT ASSETS
Debtors and prepayments
Cash at bank and in hand
CURRENT LIABILITIES
Creditors
10
Net current assets
Net assets
Financed by:
Unrestricted Parochial Funds
11
Restricted Funds
12		 £
£
£
£
100,108
87,523
39,208
5,102
289,448
280,495
328,656
285,597
38,839
15,807
289,817
269,790
389,925
357,313
383,614
347,212
6,312
10,101
389,925
357,313
2021
2020		 £
£
£
£
100,108
87,523
39,208
5,102
289,448
280,495
328,656
285,597
38,839
15,807
289,817
269,790
389,925
357,313
383,614
347,212
6,312
10,101
389,925
357,313
2021
2020		 £
£
£
£
100,108
87,523
39,208
5,102
289,448
280,495
328,656
285,597
38,839
15,807
289,817
269,790
389,925
357,313
383,614
347,212
6,312
10,101
389,925
357,313
2021
2020
328,656
38,839
357,313
347,212
10,101
389,925 357,313

ON BEHALF OF THE PAROCHIAL CHURCH COUNCIL

(Signed) ……………………………………. (Churchwarden) (Signed)……………………………………..Hermione Wainwright (Treasurer)

(Date)……..… April 2022

10.6 Statement of Financial Activities

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All Saints, Odiham - Annual Parochial Church Meeting

Funds General Fund Designated Restricted Total Total
INCOMING RESOURCES 2021 2021 2021 2021 2020
Note £ £ £ £ £
Regular Giving 53,876 2,932 - 56,808 52,585
Other Giving 3,279 - - 3,279 2,062
Donations and Legacies 2 23,159 325 1,840 25,324 18,333
Grants 3 58,667 - - 58,667 15,439
Tax Recovered 14,321 - 75 14,396 15,094
Income from donations and legacies 153,302 3,257 1,915 158,474 103,513
Parish News Income (gross) 22,750 - - 22,750 23593
Fete income (gross) 15,977 - - 15,977 0
Other fundraising, inc Gift Day &100 Club 18,783 - - 18,783 17175
Income from other trading activities 57,510 - - 57,510 42,953
Income from charitable activities 4 5,141 - - 5,141 3,267
Investment Income 2,584 1,082 1 3,667 4,317
Total Incoming Resources 218,536 4,339 1,916 224,791 154,050
Expenditure
Expenditure on raising funds (11,181) - - (11,181) (9,611)
Common Mission Fund 5 (74,707) - - (74,707) (80,438)
Church and services 6 (44,901) (461) (3,040) (48,402) (34,077)
Administration 6 (8,424) - (2,465) (10,889) (14,621)
Wedding and funeral fees 4 - - - - (491)
Major works and repairs (57,940) - - (57,940) (22,368)
Charitable Donations (4,133) 3,000 (200) (1,333) (4,135)
Expenditure on charitable activities (190,105) 2,539 (5,705) (193,271) (156,130)
Governance Costs (312) - - (312) (288)
Total Resources used (201,598) 2,539 (5,705) (204,764) (166,029)
Net resources 16,938 6,878 (3,789) 20,027 (11,979)
Transfers between funds, Gains & Losses
Gross transfers between funds - in 7 14,000 - - 14,000 16,250
Gross transfers between funds - out 7 - (14,000) - (14,000) (16,250)
Investment assets gains / losses 8 12,585 - - 12,585 5,653
Net movement in funds 43,523 (7,122) (3,789) 32,612 (6,326)
Total funds brought forward 134,000 213,212 10,101 357,313 363,639
Total funds carried forward 177,523 206,090 6,312 389,925 357,313

10.7 Notes to the Financial Statements

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ALL SAINTS' PARISH CHURCH, ODIHAM Charity registered number 1132860

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2015). The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

10.7 Notes to the Financial Statements (continued)

22

All Saints, Odiham - Annual Parochial Church Meeting

NOTES ON THE STATEMENT OF FINANCIAL ACTIVITIES 2021

Note

10.7 Notes to the Financial Statements (continued)

23

All Saints, Odiham - Annual Parochial Church Meeting

ALL SAINTS' PARISH CHURCH, ODIHAM

Charity registered number 1132860

NOTES TO THE BALANCE SHEET 2021

10 CREDITORS
Agency collections
Accounts Payable
Accrued expenses
11 UNRESTRICTED FUNDS
General Fund
Balance at 1 January
Transfers in/(out)
(Deficit)/Surplus for the year
Gains/(Losses) on investments
Balance at 31 December
Designated Funds
1503 Sinking fund
ASK and Baby Group
Olive Morrison Mission Fund
Flower Fund
Nicholls Will Trust
Bells Refurbishment
North Porch Doors
Re-ordering
Total Unrestricted
12 RESTRICTED
Food Bank
Vicar's Discretionary Fund		 2021
2020
£
£
-
-
-
-
38,839
15,807
38,839
15,807
2021
2020
£
£
134,000
122,685
14,000
16,000
16,938
(10,338)
12,585
5,653
177,523
134,000
2021
2020
£
£
20,238
33,193
171
171
164,527
164,493
1,005
1,141
16,368
10,431
1,125
1,126
2,657
2,657
-
-
206,091
213,212
383,614
347,212
2021
2020
£
£
6,297
10,086
15
15
6,312
10,101

24