The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock Registered Charity No. 1133060
Annual Report and Financial Statements for the year ended 31[st] December 2021
## **Rector**
## **Treasurer**
The Reverend Canon Andrew Holford The Rectory 9 Pond Lane Baldock
Chris Page 19 Alder Close Baldock
## **Principal Bankers**
## **Independent Examiner**
Lloyds TSB Bancroft Hitchin
Geoff Mann FCIE Dee House Highworth Avenue Cambridge
**Church Contact Details** http://www.stmarysbaldock.org.uk
**The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock**
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|**Annual Report of the Parochial Church Council for 2021**|**3**|
|---|---|
|Aim and Purposes|3|
|Objectives and Activities|3|
|Structure, governance and management|3|
|Achievements and Performance|4|
|Worship and Prayer|4|
|Deanery Synod|4|
|Pastoral Care|4|
|St. Mary's Church Fabric|5|
|St. Mary's Church Hall|6|
|Sustainability Committee|6|
|Church Schools & Junior Church|6|
|Missions|7|
|Community Sponsorship|7|
|Safeguarding Policies|7|
|General Data Protection Regulation|7|
|Financial Review|8|
|Administrative Information|9|
|**Statement of Financial Activities (SOFA)**|**10**|
|**Balance Sheet**|**11**|
|**Notes to the Financial Statements**|**12**|
|**Independent Examiner’s Report**|**18**|
**The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock**
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## **Annual Report of the Parochial Church Council for 2021**
## **Aim and Purposes**
The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock (PCC) has the responsibility of cooperating with the incumbent, the Reverend Canon Andrew Holford, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
The PCC is also specifically responsible for the maintenance of the Church and the Church Hall.
## **Objectives and Activities**
The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at St. Mary's. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament. When planning our activities for the year, the incumbent and the PCC have considered the Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through:
- Worship and prayer; learning about the Gospel; and developing their knowledge and trust in Jesus.
- Provision of pastoral care for people living in the parish.
- Missionary and outreach work.
To facilitate this work, it is important that we maintain the fabric of the Church of St. Mary's and the Church Hall.
## **Structure, governance and management**
The method of appointment of PCC members is set out in the Church Representation Rules. At St. Mary' s the membership of the PCC consists of the incumbent (Rector), readers, churchwardens and members elected by those members of the congregation who are on the electoral roll of the church. All those who attend our services/members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent.
In addition to the Annual Parochial Church Meeting, the full PCC met six times during the year - in January, March, May, July, September and November, either on Zoom or physically depending on the restrictions in place at the time. Given its wide responsibilities, the PCC has a number of committees each dealing with a particular aspect of parish life. These committees which include standing, finance, stewardship, fabric, worship and mission, are all responsible to the PCC and report back to it regularly with minutes of their deliberations being received by the full PCC and discussed as necessary.
The Friends of St. Mary the Virgin, Baldock (Registered Charity: 1117542) is a separate charity with the aim of raising money for the maintenance and restoration of the fabric of the church buildings.
**The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock**
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## **Achievements and Performance**
## **Worship and Prayer**
Once worship in church was permitted and following Church of England guidance, measures were put in place to ensure the safety of those attending; for example, having a dedicated space in the South Aisle for those still needing to be cautious. The choir were able to resume on a regular basis and added greatly to our worship. Careful adherence to ministers wearing masks and sanitising hands when giving Holy Communion meant many could resume receiving the sacrament by intinction (to avoid the use of a common cup), and blessings were given without any physical touch.
All Sunday morning services are now streamed to enable those who cannot attend church in person to participate in worship.
In September, Tiny Tots Singalong resumed on Wednesday mornings and runs every week including the holidays, providing a valuable chance for young children to socialise again, within a church context.
The Christmas services resumed, including the crib service, although these were attended by fewer than before, probably because of the ongoing pandemic.
Some Evening Prayer services have remained on Zoom, but from September Morning and Evening Prayer have also been said in person in Church most days.
Contemplative Silent Prayer sessions, which had ceased at the start of the pandemic restrictions, restarted via Zoom and have worked surprisingly effectively in this way.
At present we have 113 parishioners on the Church Electoral Roll.
The average weekly physical attendance counted during Eucharist services was 41, with a few also watching via the streaming system. The average monthly attendance at Messy Church was 27.
As well as our regular services, we enable our community to celebrate and thank God at the milestones of the journey through life. Through baptism we thank God for the gift of life, in marriage public vows are exchanged with God's blessing and through funeral services, friends and family express their grief and give thanks for the life which is now complete in this world and to commend the person into God' s keeping. This year, as restrictions have eased, we have celebrated 16 baptisms, 5 weddings and held 8 funerals in our church.
The Incumbent, Rev'd Canon Andrew Holford, has been ably assisted by our Readers Mrs Sharon Cooper and Mrs Katrina Nice. Miss Emma Wilkinson has remained as our Ordinand this year whilst continuing her studies at The Eastern Region Ministerial College. She will begin her curacy at St Thomas of Canterbury, Wilbury after her ordination next year.
## **Deanery Synod**
Three members of the PCC sit on the deanery synod. This provides the PCC with an important link between the parish and the wider structures of the church.
## **Pastoral Care**
St Mary's Church Hall continues to host biweekly Foodbank distribution sessions, run by an ecumenical group in Baldock. The local Foodbank organisation serves Letchworth, Baldock and Hitchin and provides much needed emergency help to families in sudden need. It is part of the International “Trussell Trust” Foodbank organisation.
Some members of our congregation are unable to attend church due to sickness or age. The ministry team at St. Mary’s have visited these church members to celebrate communion with them, either at their homes or in hospital upon request. Pastoral visiting has carefully resumed but no church services have been allowed in
**The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock**
**5**
care homes. Andrew Holford and a ministry volunteer have held a monthly Zoom service for residents in one care home which is much appreciated.
There is also a bereavement team who are part of St Mary's commitment to providing follow-up care to people with whom St Mary's has been involved with a funeral in their families. The annual “In Loving Memory” commemoration service was held in November and was greatly appreciated by those who attended.
Several people support families who are bringing their child to be baptized, providing a friendly link with the church through visiting and assisting at the baptism service.
Messy Church has met every month except August this year in a re-imagined form. From January to July, meetings were held in a covid secure way in the church hall, with each family having their own table and the worship being integrated through the session. The September meeting was held outside, sharing a picnic lunch and then completing some crafts related to the Bee Garden including making bug hotels and an “I spy” game. The prayers took place in the garden and it was lovely to worship together in this space. From October, with the relaxation of some of the rules concerning mixing of families and with the support of a grant from the diocese, food could be served again. This has been a real blessing and it has been great to worship again in this way. Meetings continue to be held in the Church Hall at the earlier time of 11:45, with the worship still being integrated throughout the session. It has been good to welcome families back and regularly have a congregation of between 20 - 30.
The “After Hours” group for those in Years 7 and above continued to meet on Zoom during the early part of 2021 but from May went back to meeting monthly in person. Several of the group took GCSEs this summer and have started different adventures for sixth form but still keep coming as do those who are now at college. It is great to do events and activities with this group and to see how their faith affects their daily life.
Some St Mary’s members who were heavily involved in the Baldock Coronavirus Support Group, have continued to support the newly formed Baldock Futures Fund which exists to provide small grants to those in particular need in the community and to help those wishing to set up new businesses. They have published a book ‘Lockdown to Freedom’ which was launched at an event held in the Church Hall in November.
## **St. Mary's Church Fabric**
2021 proved frustrating as efforts continued to put in place arrangements to proceed with the Nave and Chancel works. The Charity Commission proved demanding but the faculty is in now in place. The project will have to be re-tendered, but it is hoped that work can commence in the spring or summer of 2022 and be completed before winter sets in again.
As part of the process a heat loss survey was commissioned to investigate the levels of insulation that might be appropriate. Heat loss through windows was identified as the most significant issue and once the roof is repaired, work in this area will be considered.
Some routine servicing activities were disrupted by the pandemic and throughout the year we have worked through these including the heating, roof alarm, lightning conductor, fire alarm and extinguishers, the access lift in the hall and modest tree surgery to improve visibility of the church building from Hitchin Street.
The church continued to remain active throughout the pandemic, in line with Government guidelines; risk assessments were reviewed and amended throughout the year to ensure that everything was compliant.
**The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock**
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## **St. Mary's Church Hall**
The PCC is rightly committed to repairs to the church roof and masonry, but the hall will need some attention in due course.
As part of the heat loss survey above, the hall too was assessed, and heat is pouring out of the building. The introduction of new glazed disabled access doors to the front elevation is being explored and, subject to budgetary priorities, replacement or renovation of the windows and the associated costs will be reviewed at the same time.
## **Sustainability Committee**
The Eco Group was set up in September 2015 with the aim of helping St Mary’s Church and individuals to reduce their carbon footprints. This received a boost in interest when the General Synod of the Church of England passed a resolution in February 2020, aiming to become a net zero carbon institution by 2030.
The church decided to join the A Rocha (Christian environmental charity) Eco Church Awards scheme to work towards our goal of becoming net zero carbon ourselves by 2030. This involves gaining points across 5 categories - Worship, Buildings, Outdoor Space, Community and Global Engagement, and Lifestyle, by adopting climate friendly policies in each. We were delighted to receive our Bronze Award in May and are working well towards our Silver Award which we hope to achieve in 2022.
A small number of families, plus one member of the community sponsorship family, have worked regularly in developing and maintaining the Bee and Butterfly Garden in the Churchyard.
The Eco Group intend to investigate insulation improvements in the church hall through double glazing and curtains or blinds but the lack of revenue due to bookings income only resuming in September has put these plans on hold. The church and hall continue to recycle diligently.
Since February 2020 the Eco Group has posted an Eco Tip every week in the church news sheet to raise awareness amongst parishioners of ways to cut their own carbon footprints and these were also shared amongst the Buntingford Deanery group of churches and now also further afield.
With the run up to the COP26 UN climate talks hosted by UK in Glasgow in November, St Mary’s held a service totally dedicated to Climate Change issues; one member walked a small section on the Youth Christian Climate Network’s pilgrimage to COP26 when they came through St Albans; Katrina Nice preached on Eco Church in Letchworth and also attended COP26 in Glasgow as a member of the public to demonstrate as a Christian for the need to take more urgent action to address the global crisis.
Eco Group also had a stall at Baldock’s first Eco Fest in October and created bunting which was then displayed outside church in the run up to COP26 and added to by the Bishop of Hertford.
## **Church Schools & Junior Church**
Before the pandemic members of the ministry team, with assistance from Andrew Clark, were leading weekly assemblies at the two Church Schools. Following the return of schools in the academic year 2020/2021 the Rector and Mrs Nice began to lead weekly 15 minute worship sessions per class in the Infant School. Whole school gatherings for assemblies were not allowed under the rules and these had to go online via Teams as was the case for the Junior School. Due to the Covid restrictions, no school services could take place in church in 2021.
Along with Rev’d Canon Andrew Holford, several members of the congregation are governors at both schools. Mrs Rosemary Charsley has continued as Chair of Governors at the junior school.
**The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock**
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Junior Church resumed in September with 2 sessions per month (not running on Messy Church or All Age service Sundays). Junior Choir was restarted with the aim to encourage children to enjoy singing together to regularly take part in our Sunday morning worship.
## **Missions**
Helping those in need is a demonstration of our faith. Despite the restrictions in place for most of the year, St. Mary's collected a total of £1,149 for charitable purposes, including £972 at our Christmas services. The sum raised from the Christmas services will be donated to charities which support the homeless, especially children. The remainder will be donated to other humanitarian charities.
Another £2,813 was provided from the PCC general fund for use by the Missions Committee. This includes support that has continued to be given to Martin and Hazel Frost and it is good to read the news of their work with Latin Link in Argentina in their monthly newsletters which are available on the church website.
## **Community Sponsorship**
Following acceptance from the Home Office, in November 2018 we welcomed a Syrian refugee family under the government scheme. They have settled into Baldock well, with the children attending St Mary’s Infant and Junior schools. The adults are learning English at North Herts College and with a home tutor and volunteers, and good progress is being made. A wonderful team of volunteers, funded by donations from throughout the town, continues to support the family with visits to the doctors, dentists, shops, job-centre and conversation practice. Our responsibility to support them for 2 years was due to finish in November 2020, but our volunteer support has continued as and when required as it was felt important to do so, especially in the light of the restrictions imposed by covid.
## **Safeguarding Policies - children, young people and vulnerable adults**
At St Mary’s the aim is to create an environment which is welcoming and respectful and enables safeguarding concerns to be raised and responded to openly, promptly and consistently. During this year our Safeguarding policy has been reviewed to ensure that it is in line with House of Bishops’ “Promoting a safer church” policy and recent regulations. This has been formally adopted by the PCC and is made available to all Church groups and hall hirers. There are clear procedures in place to deal promptly with safeguarding allegations or suspicions of abuse in consultation with the Diocesan Safeguarding Adviser. The policy is available on our website in line with Diocesan guidelines. All volunteers have been encouraged to attend diocesan safeguarding training. From January 2022 a new safeguarding training framework comes into force which will replace the old-style training structure. When church members are due a refresher course, they will take part in the updated training. ‘Safer recruitment and people management’ and ‘domestic abuse’ were previously taken as a one-off training module. These will both now need a refresher every three years. Many of the training modules will be available online making them easier to access. Chris Caine remains the parish safeguarding officer with Jenny Woolnough in charge of DBS checks.
## **General Data Protection Regulation**
The General Data Protection Regulation have continued to be in place and monitored by Alex Milne and Emma Wilkinson. With an increased email distribution list this year, all emails sent out by the church go out blind copied and all recipients have signed to agree for their details to be included in our distribution list. Our website is updated weekly and is becoming a good source of communication and information for church members and the community. Designated email addresses have been set up for Messy Church and Hall Bookings.
**The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock**
**8**
## **Financial Review**
The ongoing coronavirus pandemic continues to have a significant impact on both income and expenditure, although the progressive removal of restrictions has allowed some movement back to normality. As the future course of the pandemic is unclear, careful monitoring of the financial situation will still be necessary.
## **General Fund**
At the start of 2021, the General Fund held £57,367 and during the year this increased by £8,864 to finish at £66,231. Many of the changes over the year reflect the gradual move away from the heavy restrictions of 2020 towards an environment where a more normal pattern of income and expenditure was achieved. The key points in 2021 were:
- Regular planned giving decreased by £8,056, but still totalled £ 56,986 in the year.
- Incoming fees for weddings, baptisms and funerals increased by £5,714 to £9,531, with a corresponding increase in the fees paid to the DBF (up £2,609 to £6,255).
- Church management and administration costs also increased by £1,742. This was mainly due to an increased expenditure on office consumables.
- As a result of physical attendance at Church restarting, collections at services rose to £2,683 from £976 in 2020, an increase of £1,707.
## **Church Hall Fund**
The Church Hall made a loss of £1,222 in 2021, following a deficit of £6,187 in 2020. This improved position is a consequence of the gradual lifting of restrictions, permitting its use by external organisations. The Church Hall Fund now stands at £5,475, and it is possible that a modest surplus will be achieved in 2022.
## **Restricted Funds**
The PCC currently holds £63,718 (£57,006 in 2020) in surplus Restricted Funds.
- The majority of this money is held within the Fabric Fund. At the end of 2021 this held £39,256 (2020 £42,811). Most of the expenditure was for thermal and heat loss surveys, together with other preparatory work for the nave and chancel roof project.
- The Sound System Fund has been renamed as the Audiovisual Systems Fund to include the streaming equipment purchased this year – fees are charged for the use of this system at weddings and funerals. This fund currently holds £1,634.
- The Community Sponsorship Fund currently holds £3,341 (£2,322 in 2020). The increase is due to a repayment of rent from the 15 Houses Charity.
- A new Fund - Nave & Chancel Roof - has been created to hold funds for the next phase of restoration work. This currently holds £9,638.
## **Liabilities**
The total liabilities of the PCC at the end of 2021 were £5,731 (£8,738 in 2020).
## **Reserve Policy**
The reserves policy for unrestricted funds should cover the following items in the priority listed (all items rounded to nearest hundred pounds):
1. Funding to cover six months of critical expenditure as below:
- a. Heat, Light and Water for Church and Hall (£2,200 as of 31/12/2021)
- b. Insurance Payments for Church and Hall (£3,500 as of 31/12/2021)
2. Funding to cover two months of critical expenditure as below:
- a. Salaries (£1,900 as of 31/12/2021)
3. Funding to cover one month of general expenditure (£7,000 as of 31/12/2021)
4. Cover for Emergency Repairs (e.g. Theft of Lead, Roof Repairs) (estimated at £30,000)
Total Reserve Funds required to meet the policy as of 31 December 2021 is £44,600. Unrestricted funds are £71,705 which could be used to cover this.
The Paroehlal Church Councll of the Eeeleslastlcal Parlsh of St M
the Vtr In Baldock
Administrative Inforniation
SL Mary the Virgin is situated ID Hitcbin Strrt Bald(Kk. It is part of the Diocese of St. Albans within th¢
Church of Engla1. The Pan)chial Chukrh co11 is a registered charity with the Charity CommissioTk.
Registered Clwity No. 1133060
PCC members WI have served between 1st January 2021 and 31st December 2021 M¢re:
The R¢v'd Canon AThw Holford
Churchwardetjs: Mr D Morga
From APCM 2020 to APCM 2022
Repsen1tiveS on Mr A Clark
Mrs A Balmer
Mrs K Nice
Until APCM 2023 Secretary
Until APCM 2023
Until APCM 2023 Reader
Elected mernF. Mrs J BSier
Mrs J Woolnough
Until APCM 2021
Until APCM 2021
Mrs C Caine
Mrs S co0r
Mr M M¢Neil
Mr S Thomas
Until APCM 2022
Until APCM 2022 Reader
Until APCM 2022
Until APCM 2022
Mr P Joslin
MT C Pag¢
Mr P Dougal
Mi&s E Wilkinson
Until APCM 2023
Until APCM 2023 Tre&surer
Until APCM 2023 Vice Chairn
Until APCM 2023
Mr M Muir
Until APCM 2024
Sigrth on behalf of the PCC
Andrew HolfoThl (Rector)
**10**
## **The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock**
## **STATEMENT OF FINANCIAL ACTIVITIES**
**For the year ended 31 December 2021**
|**STATEMENT OF FINANCIAL ACTIVITIES**
**For the year ended 31 December 2021**|||||||
|---|---|---|---|---|---|---|
|**Note**
**INCOMING RESOURCES**
Incoming resources from donors
**2(a)**
Other voluntary income
**2(b)**
Income from charitable and ancillary trading
**2(c)**
Income from investments
**2(d)**
**TOTAL INCOMING RESOURCES**
**RESOURCES USED**
Missionary and charitable giving
**3(a)**
Activities directly relating to the work of the church
**3(b)**
Fund raising and publicity
**3(c)**
Church management and administration
**3(d)**
**TOTAL RESOURCES USED**
**NET INCOMING RESOURCES**
Transfers between funds
**4**
**NET MOVEMENT IN FUNDS**
BALANCES BROUGHT FORWARD AT
1 JANUARY 2021 (2020)
**BALANCES CARRIED FORWARD AT**
**31 DECEMBER 2021 (2020)**|**Unrestricted**
**Funds**
**£**
93,158
2,205
14,565
20
109,948
-
85,936
359
12,698
98,993
10,955
(3,313)
7,642
64,063
71,705|**Restricted**
**Funds**
**£**
14,340
-
-
254
14,594
5,560
5,635
-
-
11,195
3,399
3,313
6,712
57,006
63,718|**Total**
**Funds**
**2021**
**£**
107,498
2,205
14,565
274
124,542
5,560
91,571
359
12,698
110,188
14,354
-
14,354
121,069
135,423|**Unrestricted**
**Funds**
**£**
105,261
4,369
5,167
179
114,976
-
90,508
478
10,956
101,942
13,034
(5,250)
7,784
56,279
64,063|**Restricted**
**Funds**
**£**
12,187
-
-
246
12,433
14,125
14,427
-
-
28,552
(16,119)
5,250
(10,869)
67,875
57,006|**Total**
**Funds**
**2020**
**£**
117,448
4,369
5,167
425|
|||||||127,409|
|||||||14,125
104,935
478
10,956|
|||||||130,494|
|||||||(3,085)
-|
|||||||(3,085)
124,154|
|||||||121,069|
The notes on pages 12 to 17 form part of these financial statements
The Paroehlal Church Councll of the Eeeleslastlcal Parlsh of St M
the Vtr In Baldock
li
BALANCE SHteT
131 Dw*wbrrlQll
FIDA&SET$
T•npN¢fixedL•lts
651
CVRRElnASS
1.100
30.041
15
30.057
IW.746
140503
LtABJLrriES=
J.731
&738
121.069
66231
5.474
63.718
135.423
57J67
57.W6
121.(I59
**The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock**
**12**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 December 2021
## **1. ACCOUNTING POLICIES**
The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations’ “true and fair view” provisions. They have been prepared under FRS102 (2016) as the applicable accounting standards and the 2019 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP(FRS102)).
The financial statements have been prepared under the historical cost convention. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
## **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. Other funds designated for a particular purpose by the PCC are also unrestricted.
Restricted funds represent the funds which have accumulated from money which has been given for a particular purpose or invited by the PCC for a specific purpose. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.
## **Incoming resources**
## _Voluntary income and capital sources_
Collections are recognised when received by or on behalf of the PCC Planned giving receivable under covenant is recognised only when received Income tax recoverable on covenants or gift aid donations is recognised when the income to which it relates is received.
## _Other ordinary income_
Rental income from the letting of the church premises is recognised when received.
## _Income from investments_
Dividends and interest are accounted for when received.
## **Resources used**
_Donations_
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 or parish share is accounted for when payable.
## **Fixed assets**
## _Consecrated land and buildings, the Church Hall and movable church furnishings_
In so far as consecrated and benefice property of any kind is excluded from the statutory definition of ‘charity’ by Section 10(2)(a) and (c) of the Charities Act 2011 such assets are not capitalised in the financial statements.
The retention of the Church Hall is bound up with the worship, mission and ministry of the Church and is considered to be 'operationally inalienable' and is also excluded from the accounts.
No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require 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 improvement, is written off as expenditure in the Statement of Financial Activities and separately disclosed.
## _Other fixtures fittings and office equipment_
Equipment used within the church premises is depreciated on a straight line basis over 2 to 10 years.
## **Investments**
Investments are carried at their book cost at 31 December.
## **Net current assets**
Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors. Short - term deposits include cash held on deposit with the Church Board of Finance of the Church of England. Amounts owed by the PCC at 31 December in respect of expenses and church maintenance are shown as creditors.
**13**
## **The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock**
**NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2021**
|**2**
**INCOMING RESOURCES**
2(a)
_Incoming resources from donors_
Planned giving :
Gift Aided and non-Gift Aided
Income tax recoverable on Gift Aid
Collections at all services
Donations, appeals, subscriptions
2(b) _Other voluntary income_
Contributions to Rectory Gas
Social & Fundraising
2(c)
_Income from charitable and ancillary trading_
Church Hall shop & Coffee Bar
Church Hall hire
Fees
2(d) _Income from investments_
Dividends
Interest received on deposits
**TOTAL INCOMING RESOURCES**
Incoming Fees for Church Heating|**Unrestricted**
**Funds**
**£**
56,986
16,494
2,683
16,995
93,158
450
1,755
2,205
-
4,984
50
9,531
14,565
-
20
20
109,948|**Restricted**
**Funds**
**£**
-
-
-
14,340
14,340
-
-
-
-
-
-
-
-
254
-
254
14,594|**Total**
**Funds**
**2021**
**£**
56,986
16,494
2,683
31,335
107,498
450
1,755
2,205
-
4,984
50
9,531
14,565
254
20
274
124,542|**Unrestricted**
**Funds**
**£**
65,042
11,445
976
27,798
105,261
467
3,902
4,369
81
1,269
-
3,817
5,167
-
179
179
114,976|**Restricted**
**Funds**
**£**
-
-
-
12,187
12,187
-
-
-
-
-
-
-
-
246
-
246
12,433|**Total**
**Funds**
**2020**
**£**
65,042
11,445
976
39,985|
|---|---|---|---|---|---|---|
|||||||117,448|
|||||||467
3,902|
|||||||4,369|
|||||||81
1,269
-
3,817|
|||||||5,167|
|||||||246
179|
|||||||425|
|||||||127,409|
**14**
## **The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock**
## **NOTES TO THE FINANCIAL STATEMENTS (continued ) For the year ended 31 December 2021**
|**3**
**RESOURCES USED**
3(a)
_Missionary and charitable giving :_
Missions
Community Sponsorship
3(b) _Activities directly relating to the work of the Church_
Ministry :
parish share
clergy expenses
fees
Church running expenses
insurance
heat, light and water
repairs, maintenance & improvements
upkeep of services
Rectory Gas
Organ, Choir & Music Group
Church Hall - running expenses
Church Hall shop & Coffee Bar
Resources
Gifts and Hospitality
3 (c) _Fund - raising and publicity_
Publicity and other expenses
3 (d) _Church management and administration_
Office Running Costs
Secretarial assistance
Bank charges
Other administrative charges
**TOTAL RESOURCES USED**|**Unrestricted**
**Funds**
**£**
-
-
-
58,955
2,299
6,255
5,603
3,099
(392)
296
467
1,925
6,206
-
1,223
-
85,936
359
2,291
9,160
201
1,046
12,698
98,993|**Restricted**
**Funds**
**£**
3,725
1,835
5,560
-
-
-
-
-
5,530
-
-
-
-
-
105
-
5,635
-
-
-
-
-
-
11,195|**Total**
**Funds**
**2021**
**£**
3,725
1,835
5,560
58,955
2,299
6,255
5,603
3,099
5,138
296
467
1,925
6,206
-
1,328
-
91,571
359
2,291
9,160
201
1,046
12,698
110,188|**Unrestricted**
**Funds**
**£**
-
-
-
60,292
2,484
3,646
5,519
2,435
5,422
28
317
1,972
7,467
70
856
-
90,508
478
831
8,820
237
1,068
10,956
101,942|**Restricted**
**Funds**
**£**
5,797
8,328
14,125
-
-
-
-
-
14,234
-
-
-
-
-
193
-
14,427
-
-
-
-
-
-
28,552|**Total**
**Funds**
**2020**
**£**
5,797
8,328|
|---|---|---|---|---|---|---|
|||||||14,125|
|||||||60,292
2,484
3,646
5,519
2,435
19,656
28
317
1,972
7,467
70
1,049
-|
|||||||104,935|
||||||||
|||||||478|
|||||||831
8,820
237
1,068|
|||||||10,956|
|||||||130,494|
The total Salaries paid in 2021 was £11,536 (2020 £11,111) for Secretarial Assistance and Hall Cleaning.
No trustees or connected persons were paid any monies with the exception of reimbursement of expenses for items purchased on behalf of the PCC. Other administrative charges include salary administration £504 (2020 £504) and an Independent Examination fee of £552 (2020 £540)
**The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock**
**15**
## **NOTES TO THE FINANCIAL STATEMENTS (continued )**
**For the year ended 31 December 2021**
|**NOTES TO THE FINANCIAL STATEMENTS (continued )**
**For the year ended 31 December 2021**||||
|---|---|---|---|
|**4**
**SUMMARY OF INTERNAL TRANSFERS 2021**
PCC Donation to Missions Committee
PCC Donation to Missions for Latin Link
Legacy & Memorial (Designated) to PCC
PCC Donation to Organ Fund
**SUMMARY OF INTERNAL TRANSFERS 2020**
PCC Donation to Missions Committee
PCC Donation to Missions for Latin Link
Legacy & Memorial (Designated) to PCC
PCC Donation to Organ Fund|**General**
(1,013)
(1,800)
-
(500)
(3,313)
**General**
(2,950)
(1,800)
65,019
(500)
59,769
**Unrestri**
**Unrestri**|**Designated**
-
-
-
-
-
**Designated**
-
-
(65,019)
-
(65,019)
**cted Funds**
**cted Funds**|**Restricted**
**Funds**
1,013
1,800
-
500|
||||3,313|
||||**Restricted**
**Funds**
2,950
1,800
-
500|
||||5,250|
|**5**
**FIXED ASSETS FOR USE BY THE PCC**
**_Tangible fixed assets_**
**GROSS BOOK VALUE**
At 1 January 2021
Additions in the year
Disposals and Revaluations in year
At 31 December 2021
**DEPRECIATION**
At 1 January 2021
Provided in the year
At 31 December 2021
**NET BOOK VALUE**
At 31 December 2021
At 31 December 2020|**Fixtures and**
**Equipment**
£
57,326
-
-|
|---|---|
||57,326|
||57,326
-|
||57,326|
||-
-|
Fixtures and equipment comprise the contents of the Church Hall which are held by the PCC for continuing use in its work, and lighting and fittings and equipment installed in the Church. The contents of the Hall were acquired from PCC funds or by gift.
The Church gas boiler, lighting and fittings were acquired using amounts collected into the Fabric, Restoration and Legacies & Memorials Funds.
## _**Investment assets**_
Investments were held at 31 December 2021 and 31 December 2020.
These investments were enabled by specific bequests in previous years.
427 shares are held in the CBF's Investment Fund in the UK - At 31 December 2021 Historical Cost £550 (2020 £550) Market value £9,986 (2020 £8,731).
In addition, at 31 December 2021, £101 was held in the deposit fund. (2020 £101).
|**6**
**ANALYSIS OF NET ASSETS BY FUND**
Fixed assets
Current assets
Liabilities
**7**
**DEBTORS**
Prepayments
**8**
**LIABILITIES**
**AMOUNTS FALLING DUE WITHIN ONE YEAR**
Accruals and deferred income|**Unrestricted**
**Funds**
**£**
-
76,224
(4,519)|**Restricted**
**Funds**
**£**
651
64,279
(1,212)
63,718
**Restricted**
**Funds**
**£**
-
**Restricted**
**Funds**
**£**
1,212|**Total**
**Funds**
**2021**
**£**
651
140,503
(5,731)
135,423
**Total Funds**
**2021**
**£**
2,700
**Total Funds**
**2021**
**£**
5,731|**Unrestricted**
**Funds**
**£**
-
72,248
(8,185)|**Restricted**
**Funds**
**£**
651
56,908
(553)
57,006
**Restricted**
**Funds**
-
**Restricted**
**Funds**
**£**
553|**Total**
**Funds**
**2020**
**£**
651
129,156
(8,738)|
|---|---|---|---|---|---|---|
||71,705|||64,063||121,069|
||**Unrestricted**
**Funds**
**£**|||**Unrestricted**
**Funds**||**Total Funds**
**2020**
**£**|
||2,700|||1,100||1,100|
||**Unrestricted**
**Funds**
**£**|||**Unrestricted**
**Funds**
**£**||**Total Funds**
**2020**
**£**|
||4,519|||8,185||8,738|
**The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock**
**16**
**NOTES TO THE FINANCIAL STATEMENTS (continued ) For the year ended 31 December 2021**
|9 **FUND DETAILS**
**FUND DETAILS 2021**
**RESTRICTED FUNDS IN SURPLUS AT END 2021**
Tower
Robes & Vestment
Missions
Churchyard
Choir Scholarships
Community Sponsorship
Remembrance
Youth
Sustainability
Fabric
Youth Worker (Restricted)
Organ
Nave & Chancel Roof
Endowments
**TOTAL RESTRICTED**
**UNRESTRICTED**
Designated Funds
Church Hall
Legacy & Memorial
SUBTOTAL
General
**TOTAL UNRESTRICTED**
**TOTAL FUNDS**
**FUND DETAILS 2020**
**RESTRICTED FUNDS IN SURPLUS AT END 2020**
Tower
Robes & Vestment
Missions
Churchyard
Choir Scholarships
Community Sponsorship
Remembrance
Youth
Sustainability
Fabric
Youth Worker (Restricted)
Organ
Nave & Chancel Roof
Endowments
**TOTAL RESTRICTED**
**UNRESTRICTED**
Designated Funds
Church Hall
Legacy & Memorial
SUBTOTAL
General
**TOTAL UNRESTRICTED**
**TOTAL FUNDS**
Audiovisual System
Audiovisual System|**Balance at**
**1/1/2021**
2,552
140
107
97
162
2,322
314
183
124
3,130
42,811
4,182
231
-
651
57,006
6,696
-
6,696
57,367
64,063
121,069
**Balance at**
**1/1/2020**
5,018
140
497
64
162
5,825
337
353
124
3,130
47,962
4,182
(570)
-
651
67,875
12,883
65,018
77,901
(21,622)
56,279
124,154|**Income /**
**Donations**
60
-
1,149
-
-
2,854
-
250
-
150
-
-
240
9,638
-
14,341
4,984
-
4,984
104,944
109,928
124,269
**Income /**
**Donations**
6,230
-
657
-
-
4,825
-
-
-
-
175
-
300
-
-
12,187
1,350
-
1,350
113,447
114,797
126,984|**Dividends /**
**Interest**
-
-
-
34
-
-
-
-
-
-
219
-
-
-
-
253
-
-
-
20
20
273
**Dividends /**
**Interest**
-
-
-
33
-
-
-
-
-
-
212
-
1
-
-
246
-
-
-
179
179
425|**Costs /**
**Transfers**
-
-
(912)
(110)
-
(1,835)
-
(105)
-
(1,646)
(3,774)
-
500
-
-
(7,882)
(6,206)
-
(6,206)
(96,100)
(102,306)
(110,188)
**Costs /**
**Transfers**
(8,696)
-
(1,047)
-
-
(8,328)
(23)
(170)
-
-
(5,538)
-
500
-
-
(23,302)
(7,537)
(65,018)
(72,555)
(34,637)
(107,192)
(130,494)|**Balance at**
**31/ 12/ 2021**
2,612
140
344
21
162
3,341
314
328
124
1,634
39,256
4,182
971
9,638
651|
|---|---|---|---|---|---|
||||||63,718|
||||||5,474
-|
||||||5,474|
||||||66,231|
||||||71,705|
||||||135,423|
||||||**Balance at**
**31/ 12/ 2020**
2,552
140
107
97
162
2,322
314
183
124
3,130
42,811
4,182
231
-
651|
||||||57,006|
||||||6,696
-|
||||||6,696|
||||||57,367|
||||||64,063|
||||||121,069|
**The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock**
**17**
## **NOTES TO THE FINANCIAL STATEMENTS (continued ) For the year ended 31 December 2021**
## **9 FUND DETAILS**
**(continued)**
## **FUND DESCRIPTIONS**
|**Fund Name**|**Type**|**Purpose & Restrictions**|
|---|---|---|
|General|Unrestricted|General Fund for PCC|
|Church Hall|Unrestricted|Designated Fund for Church Hall Maintenance|
|Legacy & Memorials|Unrestricted|Designated Fund for Legacies donated to PCC, now closed|
|Tower|Restricted|For provision of work to maintain the Tower and Bells.|
|Robes & Vestment|Restricted|For the provision of Robes and Vestments|
|Missions|Restricted|Funds which have been raised by Missions Committee for causes outside St. Marys|
|Churchyard|Restricted|For the upkeep of the Churchyard and monuments within the churchyard|
|Choir Scholarships|Restricted|For the provision of Choir Scholarships|
|Community Sponsorship|Restricted|To support the community sponsorship programme|
|Remembrance|Restricted|For the provision of updating and maintaining the Book of Remembrance and other memorials|
|Youth|Restricted|For the provision of Youth based work at St. Marys|
|Sustainability|Restricted|For promoting and implementing changes to support the environment|
|Audiovisual System|Restricted|Funds collected via Fees for the upkeep of the Audiovisual System|
|Fabric|Restricted|Funds for the provision of the upkeep of the Fabric of St. Marys|
|Youth Worker (Restricted)|Restricted|Funds which are collected specifically to support the joint Baldock Youth Worker.|
|Organ|Restricted|For the upkeep of the Organ|
|Nave & Chancel Roof|Restricted|For the renovation of the Nave and Chancel roof|
|Endowments|Restricted|Investments enabled by specific bequests in previous years|
Funds in the Legacy & Memorial Fund have been returned to the General Fund. As a consequence, the General Fund is no longer in deficit. The Sound System fund has been re-named as the Audiovisual System fund so as to include incoming fees from, and upkeep of, the streaming facility. A Nave & Chancel Roof Fund has been created to hold money raised for the renovation of this part of the roof
At 31st December 2021 the PCC had no capital commitments.
**10 CAPITAL COMMITMENTS**
The Paroehlal Church Councll of the Eeeleslastlcal Parlsh of St M
the Vtr In Baldock
18
Independent Examiner'5 Report
Indtpelldent ex*Jther'$ report to the PCC of the Ecclewstlcal Parish of St rY tht Vlrgln,Baldi*k
l ryort to the PCC on my eXamution ofth¢ accouDtsof the Ecrlegia¥tical Parish of St Mary ihe Virgtn, Baldock Irt Churcbl
for the Y¢*rthM1 31 Decen3ber 2021.
RfspoDsibiiitles bas1$ of report
Ihe PCC of the Churcb you aT¢ TespDnsibie foT theprepw2ti00 olth¢ aecounLS in a¢eotdartce with th¢ rtgllinents of the
Choriiie5 ACL 20111.tht Aci'l.
l Yeport in respeci ofmy eK*mination ofthtt ChuKh'$ ae¢OUDts carricd ou¢ under seciioa 143 ofthe 2011 AGI aD& ifl carrying out
niy exominats.on I hAve followed all the appljcable DIwtiO givenby the Charity uttder 4eLiiOtt 145(5Xbl ot"th¢
ItLd¢pettdenttXaDilner's st•teEiieni
I have compltied my Lx2msQatiott. I confmD thaiLo nJbietiAlmatter4 bBv¢ come to my atteDtion ID conne£riortwith ihe
givin8¢¢8 iobelieve that in moierial resperl".
l. accpuLtin8te¢ordswerenoi kept iti rc6p¥I of the Chwch as rtquireo by sectioii l)Oof Aci.. or
2. accOtsLts do norac¢ord witb those record& or
3. the do vot ¢omply with the applicable re4utremenlb con¢ernuw the foTm atsd ¢ont¢ntof a¢¢ounty solli itt the
Clwiue5 IAccounrgsnd R¢wrtsl Resularions 21N)8 otherth¢n Any reqUIren1 ibt the 8CCOUnL4 give 'tn and fairview wbich
is tsot a nutter considered a8partofan inatpendeniL%amllMuoL
I bav¢ Do ioncerns and ljave come 3rripg8no oih¢r thott¢rs in COnnnOn with th¢ ¢xaMiO ro wbich atrnti¢th sbollld bc dtsw
in dbs erE th order to cnabie a proper unde[¥raLd8 of ibe accoun to be rL'ached.
Sign
Geoff Mann FCIE
Dee Huuse
Hi&Jhwonh AveDlle
c3bTEdÈe
Daied