## **ANNUAL REPORT OF THE TRUSTEES OF KNEBWORTH PAROCHIAL CHURCH COUNCIL CHARITY REGISTRATION NUMBER 1133728 FOR THE YEAR ENDED 31[ST] DECEMBER 2020** 

## **Aim and purposes** 

Knebworth Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, the Reverend James Pye, in promoting the ecclesiastical parish and the whole mission of the Church for the public benefit. 

## **Worship and prayer** 

The PCC is committed to enabling as many people as possible to worship at our churches and become part of our parish community. We try to enable 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. 

## **Administrative information** 

The PCC is responsible for the Parish Church of St Mary and St Thomas of Canterbury, Knebworth Park; St Martin’s Church, St Martin’s Road, Knebworth and the Parish Centre, St Martin’s Road, Knebworth. The correspondence address is: 15 St Martin’s Road, Knebworth, Herts, SG3 6ER. 

The PCC is a charity registered with the Charity Commission. 

PCC members who have served at any time from 1[st] January 2020 to the date this report was approved are: 

_Incumben_ t The Revd. James Pye Chairman _Wardens Vacant_ 

## _Deanery Synod representatives_ 

Mrs Jane Lucas Mrs Melanie Pye - elected October 2020 _Elected members_ Mrs Penelope Paton – PCC Secretary Mr Philip Skinner - resigned October 2020 Mr Timothy Coulson Mr David Graham Mrs Sharon Smith 



Mr Alan Williamson Mrs Sally Groves Mr William Anderson Mr Mark Clifford Mrs Elizabeth Graham  - elected October 2020 Co-opted members Mrs Anne Purvis – elected November 2020 Revd Karen Turner –elected November 2020 



KNEBWORTH PAROCHIAL CHURCH COUNCIL
Registered Charity Number 1133728
FINANCIAL STATEMENTS 2020
Page No.
ststement of financial activities
Balance sheet
Accounting Policies
Incoming resources
Resources used
Further notes to the accounts

KNEBWORTH PAROCHIAL CHURCH COUNCIL
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2020
Note
Unrestricted Reslri¢ted Endowment
funds
funds
funds
Totsl
2020
Total
2019
INCOMING RESOURCES
2a Incoming resources from
donors
2b Other voluntary incoming resources
2c Income from investments
2d Church Adivites
2e Other income resources
28.327
3,475
31.802
48,694
4,1]00
4,(100
559
21.229
8,450
688
39.602
411
21.229
TOTAL INCOMING
RESOURCES
49,967
7,475
148
57,590
97,434
RESOURCES EXPENDED
3a Grants
3b Activities directly relating
to the work of the Church
3c Church management
and administration
771
1,282
50.329
2.080
52,409
86,111
4.420
TOTAL RESOURCES USED
54,317
56,863
91,812
NET MOVEMENT IN FUNDS
BEFORE TRANSFERS
14,3511
4.930
727
5,621
Net Transfers
NET MOVEMENT IN FUNDS
14.3511
4,930
148
727
5,821
BALANCE BIFWD 1.1.2020
40,319
6,617
16,900
63.836
58,214
BALANCE CIFWD 31.12.20
35,968
11.546
17,048
64.563
63,836
Page 1

KNEBWORTH PAROCHIAL CHURCH COUNCIL
BALANCE SHEET
AT 31ST DECEMBER 2020
Note
2020
2020
2019
5 Flxed Assets
Current Assets
6 Cash at Bank and in hand
Paterson Account
Cambridge & Counties Bank
7 Debtors
13,374
707
49,537
13,708
706
48,986
65,910
68,161
Current liabilitlgs
8 Amounts due within one year
11,3471
14,3261
£64 563
FSnanced by:
Funds:
Unrestricted
Designated fund Building reserve
Reslricled
Mission & Outreach fund
Elsie Martin bequest
Paterson bequest
Churchyard maintenance fund
18,398
17,570
22,749
17,570
6,801
205
707
3.835
11,548
6,618
Endowment
Bishopp bequest
Cobbold fund
Green bequest
Neale bequest
5,541
10,255
746
504
17,046
16,898
£64 563
Approved by the Knebworth Parochial Church Council on..
Signed on ils behalf by..
IPCC Chaimian}
(Hon Treasurer)
The notes on pages 3 to 8 form part of these financial statements.
Pag8 2

KNF.BWORTH PAR()CHIAL CHURCH COUNCIL
NOTF.S TO THF. FINANCIAL STATEMEINT
FOR THF YF.AR F.NI)ED 31ST DECEMBER 2020
I. ACCOUNTING POLICIES
General
The a¢¢ounts hav¢ b¢en prepared in accordance with the Church Accounting
Regulations 2006.
The financial statcments have b¢en prepared under the historical cost convention. The
financial statements include all transactions. assets and liabilities for which l)CC is
responsible in law. They do not includ¢ accounts of church groups that owe their main
affiliation to another body, nor those that are informal gatherings of church members.
Funds
Endowmenl]undi are funds. the capital of which must be maintained- only income
arising from the investment may be used as either restricted or unrestricted funds
depending on the purpose for which lh¢ endowment was established.
Re.slriciedfund.f represent (a) tneome from trusts or endowments which may be
expended only on those reslri¢ted objects provided in the tenns of the trust or bequest,
and (b) donations or gTrants received for a sp¢¢ifi¢ object or invited by the PCC for a
specific object. Th¢ funds may only be expended on the specific object for which they
were given. Any balan¢¢ remaining unspent at the end of the year must be carried
forward as a balance on that fund.
The PCC docs not usually inv¢st s¢parately for each fund.
Unrestric¢edfvnd.¥ are general funds which can be used for PCC ordinary purposes.
Incoming resources
Pl(Inned gFiving is r¢¢ognis¢d when received, with the exception of payroll giving
which for control purposes is accrued in the month of payroll deduction.
Grk￿lS kwd donations receivable are accounted for when awarded.
Resources expended
Grants and donations payable are accounted for when paid over, or when awarded, if
that award creates a binding or constructive obligation on the PCC. The diocesan
parish share is accounted for when paid.
All other expenditure is generally recogntsed when il is incurred and is accounted for
gross
Fixed Assets
Consecrated and beneficed property of any kind is excluded from the accounts by s.96
(2) (a) of the Charities Act 1993.
No value is placed on moveable church fumishings held by the churchwardens on
special trust fur th¢ PCC and which r¢quir¢ a faculty for disposal, since the PCC
Page 3

KNEBWORTH PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATF.MENTS (continued)
FOR THF. YF.AR F.NDF.D 31ST DECEMBER 2020
consider.% thi8 to be inalienable propcrty. All expenditure incurred during the year on
consecraled buildings and moveable Church furnishings, wheiher maintenance or
improvement. is written off as expenditure in the Statement of Financial Activities
and separately disclosed.
No value is placed on the Knebworth Parish Centre, which was built at a cost of
£267,191 in 1994.
Other assets used within the chuTch prcmiso5 aT¢ depffeiated on a straight line basis
over thcir cstin]atcd u5cful lives. as follows:
St. Mary's Organ l O years
Office equipment 4 vears
Sound system 5 years
Thc dsscls were all fully d¢pr¢¢iat¢d at 31 st December 2020.
Page 4

KNEBWORTH PAROCHIAL CHURCH COUNCIL
INCOMING RESOURCES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2020
Note
Unrestricted Reslricled &
funds endowment
Total
Total
2020
2020
2020
2019
2a Incoming resources from donors
Regular giving
Gift-aided
Not gift-aided
Open Plate collections
Gift-aided donations
Special collections
Gift aid recoverable
other donations
other income
19,926
2,019
2,482
33
19,959
2,019
2,517
35,304
1,808
3,645
470
1,002
3,907
2,376
183
48,694
35
466
17
2,925
466
2,527
3,285
1,030
31,802
2.510
360
1,030
28,327
3,475
2b Other voluntary incoming resources
Grants..
Follett Trust - for Messy Church
Bedfordshire & Lulon Communty
Foundation - for Parish Centre boiler
4,000
4.000
4,000
4,450
4,000
4,000
8,450
2c Income from Investments
Bank Interesl
411
148
559
688
411
148
559
688
2d Income from Charllable and ancillary trading
Parish Centre lettings
Library Rental
Parish News advertising
Parish News sales
Fees for weddings, funerals
Fundraising activities
4,638
4,000
5,646
4,241
1,915
789
21,229
4,638
4,000
5,646
4,241
1,915
789
21,229
13,235
11,580
6,614
4,229
3,412
532
39,602
2e OTHER INCOMING RESOURCES
Insurance claims
TOTAL INCOMING
RESOURCES
49,967
7,624
57,590
97,434
Page 5

KNEBWORTH PAROCHIAL CHURCH COUNCIL
RESOURCES USED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENOEO 31ST DECEMBER 2020
Note
Unrestricted Reslricled Endowment
funds
funds
funds
Total
2020
Total
2019
30 Grants (see al80 Noto 41
Missionary and eharilable giving
Special Collecb'ons and events
305
305
466
771
280
1.002
1,282
466
305
3b Activities roloting direclty to the work of the Church
Ministry.
Parish Share
- Clergy Allowance
Visiting Ministers
Upkeep of ServI￿S
Pastoral care social 8¢tivilie$
Youth and children
Parish News printing and expenses
Church buildings..
insurance
maintenance
churchyard
servicing of organs
- power & other running costs
Parish Cenlre.
insurance
maintenance
¢leaning
powef & other running costs
29,291
450
29,291
450
49,500
3,465
159
365
313
3,491
7,154
198
45
435
5,422
198
45
435
5,422
3,929
2,745
3,929
2,745
2,080
4,107
709
2,350
305
3,070
2,080
1,493
1,493
760
1,412
1,683
2,465
50,329
760
1,412
1,683
2,465
52,409
760
5,029
2,338
2,996
86,111
2,080
3c Church management and admlnistration
Church Offi
Subscriptions and Music Li¢en¢es
Office equipment
Sundry Expenses
2,845
341
2,845
341
-53
551
3.684
2,422
689
390
919
4,420
551
3,684
TOTAL RESOURCES USED
54,317
2,546
56,863
91,812
Page 6

KNEBWORTH PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2020
Unrestricted Restricted
funds
funds
Note
Total
4 GRANTS
From PCC funds..
Worldshare
Beds & Herts Historic Churches
The Bible Society
240
40
25
305
240
40
25
305
Special Co118Ctions.-
Bike & Hike- Beds & Herts Historic Churches
Bridgebuilders
Bishop's Harvest Appeal
315
111
40
466
315
111
40
466
Further Christian Aid collections are not recorded here.
St Mary's
Organ
5 FIXED ASSETS
Office equipt
Sound
system
Total
Cost at 1.1.2020
4,233
3,334
6,117
13,684
Cost at 31.12.2020
4,233
3,334
6,117
13,684
Depreciation
at 1.1.2020
4,233
3.334
6.117
13,684
at 31.12.2020
4,233
3,334
6,117
13,684
Net Book Value
at 1.1.2020
at 31.12.2020
Assets are fully depreciated
Page 7

KNEBWORTH PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2020
Note
2020
2019
CASH IN HAND
Barclays - main current account
Barclays - Parish Centre Lets account
Cash in hand
12,514
637
223
13,374
10,284
3,147
277
13,708
DEBTORS
2020
2019
Income tax recoverable - Gift Aid
Follett Trust 2019 cheque not yet banked
2.292
3.760
1,000
4,760
2,292
CREDITORS
2020
2019
DBF- Fees for Weddings and Funerals
St Mary's & Sl Martin's PreSe￿ation Trusl
Parish News Sales received in advance
Library rental received in advance
Other creditors
223
138
155
93
549
1,000
2,528
4,326
986
1,347
Page 8

II¥DEPENDENT F.XAM1￿,ER's REPORT
TO THE TRUSTEES OF KNEBWORTH PAROCHIAL CHURCH COUNCIL
CHARITY NtiLMBER 1133728
Thi5 rcport on ihe financial sL*cmcnts of the PCC for thc veaT ended 31st December
2020: Mhi¢h are set out on pages I to 8: is respect of an examsDation carried out in
accordance with Church Accounting Reoulations 2(Ki6 (the RegUl￿10nS) and Section
145 01.the CharitiC5 Act 2011.
Respective responsfftbilitie5 of tbe trustees and the ex4miDer
The chartty's tru5Éccs are responsible for the preparaiion of accounts. The charitTr s
trustees consider that an audit is not required for this vear under Section 144 of ihe
Charities Act 2011 and th* an illdependent examination is Deeded.
It is my resEM)nsibility io:
- Examine the accounts under wtion 145 ofthe ?01 l A￿.
- Follow the proeedure5 laid doThn in the general Directions given by ihe Chartry
Commission (under section 145 {5) (b) of the YOI l Act) and
- Stale whether particular matters havc come to m). anention.
B*sis of Independent Ei•miuer'5 Statement
M). examination was carried out in accordance the general Directions given by
thc Chartt). Commission. An c¥amin￿10n includc5 a revieH' of the accounting records
kept by the PCC and a eottLparison of the accounts prcscnted Nwith those records. Lt
also includes consideration of any unusual items or dise105urcs in the account5 and
sccking explanaiions from the trustees concerning any such mattets. The procedures
undertak¢n do not provide all the eNidcncc thai w'ould rniuircd in an audit. and
COT2sequently no opinion is gi%'en &$ lo whethLY thc accounts present a"Irue and fair,"
Cw and ihe reFM)rt is limiEd to those matters sei out ID the sÉatemeM ￿lOw.
Indepettdent Examiner's statement
In connection with my examinatioo no matter bas ¢om¢ to my attention:
{]) which givcs me rvdsonable Causc to believe thaL in any matcrial respecL the
requirements io kecp accoulltino records in accordance with Seciiou 130 of the ?01 E
ACL and to prepare accounts wkll.ch accord with the accounting records 8nd ¢OTnply
ith the Ttquiremcnts of the ?01 l Act have not been met; or
(2) io which. tn my opinioD. attrntion should ￿ drawn in OTder to enable a proper
tanding of accounts io be reached.
YoL/
Mr R T Meredith, Bsc (Hons}. FCIB
Date".
Hillcroft
7 Deards End Lanc
Kncbworth
Hens.