1 '. 

## **Horley PCC** 

## ANNUAL REPORT AND FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL 

for the year ended 31 December 2020 



## **REFERENCE AND ADMINISTRATIVE DETAILS** 

Registered Name – The Parochial Church Council of the Ecclesiastical Parish of Horley Registered number – 1133737 

## _**Parish address**_ 

The Parish Office St Bartholomew’s Church Church Road Horley 

Tel: 01293 782218 

## _**Clergy**_ 

Team Rector **–** Rev Canon Les Wells 4 Russells Crescent Horley 

Team Vicar **–** Rev Naomi Ngururi St Wilfrids Vicarage Horley Row Horley 

Curate – Rev Sue Bosley St Francis Vicarage Balcombe Road Horley 

## _**Lay staff**_ 

**Clergy PA** 

Sue Middleton 

## _**Independent Examiner**_ 

Janice Roberts FCCA 3 Yew Tree Court Yew Tree Close Horley 

## _**Banker**_ 

Lloyds TSB Horley Branch High Street Horley 

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## **ANNUAL REPORT FOR 2020** 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## _**Background**_ 

Horley Parochial Church Council (PCC) has the responsibility of co-operating with the clergy in promoting the whole mission of the Church of Christ within the ecclesiastical parish of Horley. The PCC is also responsible for the maintenance of our buildings, which include the historic church of St Bartholomew’s, St Wilfrid’s Church, St Francis Church (‘the Churches’) and the vicarages for St Wilfrid’s and St Francis.  The Team Rectory is classed as Parsonage Housing by the Diocese of Southwark. 

Each of the churches has its own District Church Council (DCC) which has delegated authority from the PCC for the running of their respective church.  Income and expenditure which relates to the individual churches is controlled by the DCCs.  Central parish expenditure is financed by a contribution from each church. 

Members of the PCC are elected by the individual churches at the annual church meetings and ratified at the Annual Parochial Church Meeting (APCM). 

## _**PCC membership following the APCM 2020**_ 

## _**Ex Officio Members**_ 

Rev Canon Leslie Wells – Team Rector Rev Naomi Ngururi – Team Vicar Rev Martha Mutakani – Associate Priest Sue Bosley – Curate Thiru Jesudason – Parish Warden – St Barts Dirk Douglas – Parish Warden – St Barts Ken Meech – Parish Warden - St Wilfrids Peter Horder – Parish Warden – St Wilfrid’s Lester Sonden – Parish Warden St Francis Anastassia Johnson – co-opted as Secretary Penny Lochead – Reader and Deanery Synod Tim Hill – Reader Steve Whitcher – PCC Treasurer 

## _**Elected Members**_ 

Guido Guanzetti – St Barts Gavin Lambert – St Barts Sue Lunn – St Barts, Deanery Synod Mandy Hill – St Barts and Govenor at Trinity Oaks Roger Kidd – St Francis Chikaebere Orji – St Francis Cathy Mowatt – St Wilfrids Lorna Meech – St Wilfrids, Deanery Synod Sally Horder – St Wilfrids, Deanery Synod 

2 



The following changes were made to the above list during the period from the 2020 APCM to the date of this report: 

## _**Resigned – April 2021**_ 

Rev Martha Mutakani – Associate Priest 

## _**Elected at APCM on 26 April 2021**_ 

Scott Coe – PCC Treasurer Victoria Naish Gordon – Secretary 

## _**Resigned at APCM on 26 April 2021**_ 

Steve Whitcher – PCC Treasurer Anastassia Johnson – Secretary 

## _**Membership**_ 

Members of the PCC, who are also Trustees for the purpose of charity law, are either elected by each of the three churches at their respective annual meetings and confirmed by the Annual Parochial Church Meeting in accordance with the Church Representation Rules, or serve as ex officio members. The PCC can also exercise its right to invite co-opted members as it deems fit. 

The training of new PCC members is on-going and information is cascaded to them from the Diocese, the Deanery, the Clergy, the Churchwardens and Treasurer as appropriate. 

## _**Committees**_ 

The PCC operates through three committees that report to the main meeting from time to time. 

## **Standing Committee** 

This is the only committee required by law. It exists to transact the business of the PCC between meetings and may form the agenda for meetings of the PCC. 

## **Treasury Committee** 

This is comprised of the Team Rector, the PCC Treasurer and the Treasurer of each of the Churches.  It exists to oversee the finances of the parish as a whole and meets as necessary.  Between meetings, there is email communication between the members of this committee. 

## **Churchyard Committee** 

This comprises several members co-opted by the PCC, together with two Horley Town Councillors. It oversees the maintenance of the churchyard on Church Road. Reports are made to the PCC by its coopted members.  The Town Councillors report to the Local Authority which provides the PCC with a grant for the maintenance of the Churchyards. 

## **OBJECTIVES AND ACTIVITIES** 

As a Parish within the Church of England's Diocese of Southwark, the Churches exist for the benefit of its wider community as well as for those who form part of its week-by-week worshipping community. 

One of our key objectives is to serve Horley with the love of Christ. Throughout the week we seek to serve the town in which we are based by using the gifts and talents of the clergy, staff and lay members of the churches. Through a wide variety of activities and services - both on Sundays and throughout the week - the church seeks to share the life and transforming love of God in word and in action, bringing to this task the numerous gifts and talents of a very significant number of lay people as well as the clergy and staff team. 

During the COVID pandemic, all church building were closed and services were conducted via Zoom. Following the lifting of restrictions, services have now resumed in all three churches. 

The PCC ensures that decisions are in line with Church of England requirements which in turn take account of the guidance on public benefit published by the Charities Commission. 

3 



## **ACHIEVEMENTS AND PERFORMANCE** 

The character and style of the services that are held on Sundays and during the week reflect the diverse needs and worship styles of the congregations in the churches.  Services include traditional BCP, Taize, Common Worship, Evensong and informal services. 

At the APCM on 24 April 2021 there were 211 names on the roll (2020: 212). 

## _**PCC activities**_ 

Due to Covid-19 restrictions in the last year, the PCC has met 3 times since the 2020 APCM and meetings took place online via Zoom. 

The Parochial Church Council members, however, have been fulfilling their responsibilities as normal. Among other matters, the following areas were the focus of meetings during the past year: 

- _St. Bart’s Spire and Roof repair_ 

   - Lester Sonden was appointed Project Manager in October 2020. St. Bart’s have now received faculty approval, but have been advised not to place a contract until the funds are in place. They have also received a tender price for the work to start in Spring 2022. Fundraising is the next major step that needs to take place. 

- _Maintenance work at St. Francis_ 

   - Several maintenance projects at St. Francis’ have been postponed until the summer holidays when Preschool is on holiday. 

Work to renovate the paved area to the east of the church is planned to be carried out in late Spring by L&S Garden and Property Services. 

- _Maintenance work at St. Wilfrid’s_ 

A new heating system has been installed in the Hall and windows have been replaced. A Vicarage fencing contractor has been chosen and St. Wilfrid’s are waiting for the work to start. 

- _Youth group_ 

Youth group is now headed up by Tim Hill and Sue Bosley. A joint Youth Alpha for all churches has been organised and has 12 people signed up. Unfortunately, it had to be postponed due to lockdowns. The aim is to commence the face-to-face meetings as soon as permitted. 

## _**Major activities in the parish**_ 

Due to the impact of lockdowns in 2020 and early 2021 the activities of the parish were severely curtailed. The paragraphs which follow set out the priorities of the parish once COVID restrictions are eased. 

## **Youth and children’s work** 

This continues to be a major focus of the parish and includes mums and toddler groups, youth meetings, as well as our various Sunday Schools. 

A church school, Trinity Oaks, opened in September 2014 and the PCC now has three Foundation Governors elected by the PCC. 

## **Evangelism** 

In the past this has included Alpha, Christianity Explored and Emmaus which are run on a periodic basis. 

## **Pastoral Care** 

This moved online during the pandemic but would normally involve regular visits to those members of the community who are sick, in distress or housebound and the Living with Loss course for the bereaved 

4 



## **Community** 

In the past, working with Churches for Horley, the parish contributes to Horley Food Bank and has run a Winter Night Shelter but this was not possible due to COVID restrictions. 

There are Welcare reps in each church and Toy Services are held each Christmas as well as contributing to the Samaritan’s Purse shoebox appeal and to the Romanian Aid Foundation. 

The halls at both St Francis and St Wilfrid’s are rented to community groups such as Playgroups, Guides and exercise classes. 

Harvest parcels are distributed from St Francis to Crawley Open House.  The churches also support Horley Foodbank. 

## **FINANCIAL REVIEW OF THE YEAR** 

For 2020 the parish financial statements have been prepared in accordance with the FRS102 SORP.  The 2020 results were significant affected by the effect of the COVID pandemic when the churches were closed for a period of time and events could not be held. 

Financial highlights include: 

- Total income has increased by over £5,000 compared to 2019 largely due to giving for projects, including the St Barts Spire project. 

- St Francis vicarage was commercially rented for the first part of the year until Sue Bosley took up her post as Curate. 

- Expenditure includes gifts to mission societies in the UK and overseas.  Each church decides on the projects that it wishes to support (see below). 

- Staff salaries relate to the Clergy PA. 

- The insurance valuation of the vicarages remained the same as 2019. 

- Details of surpluses and deficits by fund are set out in note 10 to the financial statements.   A prior year adjustment has been made to eliminate the deficit in the churchyard fund by transferring the deficit to the PCC General fund and to transfer certain Designated funds to Restricted to better reflect their intended usage. 

## **Missionary and charitable giving** 

It is PCC policy to give 10% of our income after deducting amounts collected on behalf of other organisations.  Each church decides on the organisations which it wishes to support in this way.    Among these are ToyBox, CMS, Welcare, Care, Mission Direct, Cry in the Dark, Metro World Child, Centre of Hope, Bible Society, Menet, Urban Fun, Bishop’s Lent Call, Bible Society, Anglican Society for Animal Welfare, Tear Fund, Surrey Air Ambulance, Streetlight, Renewed Hope Trust.  St Francis gave part of its charitable giving to the Diocese of Southwark as an extra Parish Support Fund donation. 

## **Reserves Policy** 

It is PCC policy to maintain a balance on unrestricted funds (if possible), sufficient to cover emergency situations that may arise from time to time. The closing balance of £139,746 (PCC General plus Designated Combined excluding the vicarages) on unrestricted funds represents approximately 9.2 months of unrestricted payments at current operating levels. 

## **FUTURE PLANS** 

The work of the parish will continue as we seek the counsel of the Holy Spirit.  St Barts will continue to raise funds to repair the roof and spire.  Approximately £63,200 has been raised so far. 

5 



STATEMENT OF TRUSTEES, RFSPONSIBILITIES
Charity law requires the Trusiccs (the PCC) to prepare financial ststements for each financial year which
give a tru¢ and fair view of the state of affair5 of the charity at the year end and of its incoming r¢sources
and resources expended during thatyear. In pr¢paring those fit]ancial statem¢nts. the Trustees are required
to:
Select suitsble accounting policies and then apply them consistentIy'
Make judgcmcnts and estimates thal are reasonable 2nd prudent.
State whether applicable accounting standards and statements of recommended prdctice have been
followed subject to any departures disclosed and explained in the financtal statem¢nls' And
Prepate the financial statements on the going concern basis unless it is inapprowiate to prcsume
that the charity will ¢ontinue in b￿siness.
The Trustees are responsible for keeping propcr auounting record5 which disclose with reasonable
a¢euracy at any time the financial position of the charity and enable them to ensur¢ that th¢ financial
statements comply with the Charities Act 2011. They are aEso ￿spOnsIble for safeguarding the assets of
thc charity and hence for tskiDg rea￿)nable steps for the prevention and dete¢tion of frnud and other
irregulariti￿.
On behalf of the PCC
g./A/
Rev L Wells- Parish Rector
Date.. 4 October 2021
S Coe-PCC Treasurer

## **HORLEY PAROCHIAL CHURCH COUNCIL** 

## **STATEMENT OF FINANCIAL ACTIVITIES for the year ending 31st December 2020** 

|||||**2020**|||||2019 restated|||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||**Unrestricted**||**Restricted**|||Unrestricted||Restricted|||
||||**Designated**|||**TOTAL**||Designated||||
||**Note**|**General PCC**|**Combined**|**Income**|**Endowment**|**FUNDS**|General PCC|Combined|Income|Endowment|TOTAL FUNDS|
|||**£**|**£**|**£**|**£**|**£**|£|£|£|£|£|
|**INCOME FROM**||||||||||||
|Donations and legacies|2a|**9,495**|**155,404**|**61,200**|**-**|**226,099**|6,900|121,399|57,204|-|185,503|
|Charitable activities|2b|**-**|**36,205**|**2,031**|**-**|**38,236**|-|61,634|-|-|61,634|
|Other trading activities|2c|**-**|**5,375**|**-**|**-**|**5,375**|-|16,737|-|-|16,737|
|Investments|2d|**32**|**112**|**157**|**-**|**301**|59|284|140|-|483|
|Other|2e|**16,961**|**(16,961)**|**-**|**-**|**-**|18,369|(18,369)|-|-|-|
|**TOTAL**||**26,488**|**180,135**|**63,388**|**-**|**270,011**|25,328|181,685|57,344|-|264,357|
|**EXPENDITURE ON**||||||||||||
|Raising funds|3a|**-**|**-**|**-**|**-**|**-**|-|55|-|-|55|
|Charitable activities|3b|**25,677**|**145,232**|**33,232**|**-**|**204,141**|24,856|138,157|36,570|-|199,583|
|Other|3c|**811**|**9,964**|**-**|**-**|**10,775**|472|10,611|-|-|11,083|
|**TOTAL**||**26,488**|**155,196**|**33,232**|**-**|**214,916**|25,328|148,823|36,570|-|210,721|
|Gains/(losses) on investment assets||**-**|**-**|**206**|**-**|**206**|-|-|898|-|898|
|**NET INCOME(EXPENDITURE)**||**-**|**24,939**|**30,362**|**-**|**55,301**|-|32,862|21,672|-|54,534|
|**Transfers between funds**||**(2,299)**|**-**|**2,299**|**-**|**-**|(12,960)|(2)|12,962|**-**|**-**|
|**OTHER RECOGNISED GAINS/(LOSSES)**||||||||||||
|Gains/(losses) on revaluation of fixed assets||**-**|**-**|**-**|**-**|**-**|-|18,874|-|-|18,874|
|**NET MOVEMENT IN FUNDS**||**(2,299)**|**24,939**|**32,661**|**-**|**55,301**|(12,960)|51,734|34,634|-|73,408|
|**RECONCILIATION OF FUNDS**||||||||||||
|Total funds brought forward as originally stated||**(4,207)**|**756,159**|**48,860**|**13,545**|**814,357**|(4,027)|656,277|75,154|13,545|740,949|
|Prior year adjustment||**(12,780)**|**(48,148)**|**60,928**|**-**|**-**|-|-|-|-|-|
|Total funds brought forward as restated||**(16,987)**|**708,011**|**109,788**|**13,545**|**814,357**|(4,027)|656,277|75,154|13,545|740,949|
|**Total funds carried forward**||**(19,286)**|**732,950**|**142,449**|**13,545**|**869,658**|(16,987)|708,011|109,788|13,545|814,357|



All income arises from the continuing activities of the churches and the PCC. 

The PCC had no other recognised gains or losses other than those dealt with in the Statement of Financial Activities 

7 



HORLEY PAROCHIAL CHURCH COUNCIL
BALANCE SHEET as at 31st December 2020
20211
2019
Restated
TOTAL FUNDS
Nots
TOTAL FUNDS
FIXED A&SETS
Vicarages
Long teryn investments ID R&S DCT Alcs
TOTAL FIXED ASSETS
573,918
53,977
627095
573,918
53,771
627.689
CURRENT ASSETS
Stock
D¢btors
Short teTm deposits
Cash at bank and tn hand
TOTAL CURRENT ASSETS
8110
59,625
J,426
186.690
248,541
30,178
1.426
159.285
191,689
LIABILITIES:
CREDITORS: AMOUNTS FALLINC DUE
WITHIN ONE YEAR
(6,778)
(5.021)
NET CURRENT ASSETS
NET ASSETS
869 658
814,357
PAIUSH FUNDS
Unrestricted
Unrestricted Designated
Restricted Income
Restricted Endowment
TOTAL FUNDS
(19286)
732,950
142,449
13.545
869 658
{16,987)
708,011
109.788
13,545
814J57
Approved by ihe Awjual Par￿hla1 Church Meeting on 4 October 2021 and signed on its behalf by:
Rev L W¢lls- Parish Re￿Or
S Coe- PCC Treasurer

## **HORLEY PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS for the year ending 31st December 2020** 

## **1.     ACCOUNTING POLICIES** 

The Horley churches are public benefit entities. 

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006, the Charities Act 2011, Financial Reporting Standard 102 (FRS102) and the Charities Statement of Recommended Practice, _Accounnting and Reporting by Charities_ , issued in 2016 (Charities SORP (FRS 102)). 

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

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** 

The unrestricted general fund may be used at the discretion of the PCC. The unrestricted designated funds comprise the unrestricted general funds for the three churches and other funds held for specific purposes as described in note 10 below. 

Restricted Income funds comprise those for which the Rochester and Southwark Diocesan Church Trust acts as trustee or are held for other non-discretionary purposes. 

Endowment funds comprise trusts given to the parish to provide income for its needs, but whose capital cannot normally be used. 

## **Income** 

Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. 

Grants and legacies are accounted for when the PCC is legally entitled to the amounts due and it is probable that they will be received. Dividends and interest are accounted for when receivable. 

All other income is recognized when it is probable that it will be received.  All income is accounted for gross. 

The churches depend on the services of volunteers for many of their activities. The PCC does not account for services donated by volunteers as their fair value cannot be measured reliably. 

## **Expenditure** 

All expenditure is accounted for when there is a binding or constructive obligation on the PCC. The primary purpose of the churches is not grant making. Monies given to individuals and other Christian organisations are not considered as grants. The diocesan parish share is accounted for when due. All other expenditure is recognised when it is incurred and is accounted for gross. 

9 



## **HORLEY PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS for the year ending 31st December 2020** 

## **1.     ACCOUNTING POLICIES** (continued) 

## **Fixed assets** 

Consecrated and benefice property is not included in the accounts in accordance with the Charities Act 2011. Such property is held for the purposes of housing clergy. 

Therefore, even when parish clergy are not resident and rental income is obtained, the vicarages are not considered as investment properties. 

They are held in a separate fund and rentals during vacancies will be used for repairs. As permitted by Diocesan guidance, the vicarages will be held at insured value and revalued each year. 

The combined insured value as at 31 December 2020 was £573,918 (2019: £573,918). No depreciation is provided on vicarages. 

No value is placed on moveable church furnishings held by the churchwardens on a special trtust 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 benefice buildings and moveable church furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA. 

## **Investments** 

Fixed asset investments represent grave trusts and the net proceeds from the sale of Albert Rooms. They are valued at market value as supplied by the Rochester and Southwark Diocesan Trust. 

Short term deposits are placed with the Church Board of Finance and are available on demand. They are valued at the original deposit plus accrued interest less withdrawals. 

## **Stocks** 

These represent a notional value of oil held in the tanks at St Bartholomew's. 

## **Debtors and Creditors** 

Debtors are measured at the amount receivable less impairment. Creditors are recognised when the parish incurs a binding obligation and they are measured at amortised cost. 

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## **HORLEY PAROCHIAL CHURCH COUNCIL** 

## **NOTES TO THE FINANCIAL STATEMENTS for the year ending 31st December 2020** 

|**2    INCOME AND ENDOWMENTS FROM**|**2    INCOME AND ENDOWMENTS FROM**|||**2020**|||||2019 restated|||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||**Unrestricted**||**Restricted**|||Unrestricted||Restricted|||
||||**Designated**|||**TOTAL**||Designated|||TOTAL|
|**Note**||**General PCC**|**Combined**|**Income**|**Endowment**|**FUNDS**|General PCC|Combined|Income|Endowment|FUNDS|
|||**£**|**£**|**£**|**£**|**£**|£|£|£|£|£|
|2a|**Donations and legacies**|||||||||||
||Bank transfer/envelopes|**5,650**|**86,583**|**500**|**-**|**92,733**|4,720|87,901|27,054|-|119,675|
||Income tax recovered|**1,413**|**32,904**|**10,930**|**-**|**45,247**|1,180|16,214|8,005|-|25,399|
||CAF giving/other giving|**-**|**5,990**|**-**|**-**|**5,990**|-|4,190|-|-|4,190|
||Cash and cheque collections|**-**|**4,651**|**43,220**|**-**|**47,871**|-|8,517|5,385|-|13,902|
||Grants|**2,432**|**18,320**|**6,550**|**-**|**27,302**|1,000|600|12,810|-|14,410|
||Other donations|**-**|**6,956**|**-**|**-**|**6,956**|-|3,977|3,950|-|7,927|
|||**9,495**|**155,404**|**61,200**|**-**|**226,099**|6,900|121,399|57,204|-|185,503|
|2b|**Charitable activities**|||||||||||
||Fees from Weddings and Funerals|**-**|**19,137**|**2,031**|**-**|**21,168**|-|25,747|-|-|25,747|
||Church hall lettings|**-**|**17,068**|**-**|**-**|**17,068**|-|35,887|-|-|35,887|
|||**-**|**36,205**|**2,031**|**-**|**38,236**|-|61,634|-|-|61,634|
|2c|**Other trading activities**|||||||||||
||Events|**-**|**1,177**|**-**|**-**|**1,177**|-|2,089|-|-|2,089|
||St Francis vicarage rent|**-**|**4,198**|**-**|**-**|**4,198**|-|14,648|-|-|14,648|
|||**-**|**5,375**|**-**|**-**|**5,375**|-|16,737|-|-|16,737|
|2d|**Investments**|||||||||||
||Dividend/interest|**32**|**112**|**157**|**-**|**301**|59|284|140|-|483|
|||**32**|**112**|**157**|**-**|**301**|59|284|140|-|483|
|2e|**Other**|||||||||||
||Income from churches|**16,961**|**(16,961)**|**-**|**-**|**-**|18,369|(18,369)|-|-|-|
|||**16,961**|**(16,961)**|**-**|**-**|**-**|18,369|(18,369)|-|-|-|
|||||||||||||
|**TOTAL INCOME**||**26,488**|**180,135**|**63,388**|**-**|**270,011**|25,328|181,685|57,344|-|264,357|



11 



## **HORLEY PAROCHIAL CHURCH COUNCIL** 

## **NOTES TO THE FINANCIAL STATEMENTS for the year ending 31st December 2020** 

|**3    EXPENDITURE ON**<br>**Note**<br>3a<br>**Raising funds**<br>Events<br>3b<br>**Charitable activities**<br>Diocesan PSF<br>Diocese fees<br>Clergy/readers/staff  expenses<br>Youthwork/children's ministry<br>Outreach Projects<br>Church running expenses<br>Church maintenance<br>Vicarages running costs<br>Vicarages maintenance<br>Sundries<br>Upkeep of churchyard<br>Church halls maintenance and  running costs<br>Staff salaries<br>Equipment purchases<br>Musicians/vergers fees<br>Printing/ stationery/office costs/publicity/fund raising<br>3c<br>**Other**<br>Missionary/charitable giving<br>**TOTAL**|**2020**<br>2019 restated<br>**General**<br>**PCC**<br>**Designated**<br>**Combined**<br>**Income**<br>**Endowment**<br>**TOTAL**<br>**FUNDS** General PCC<br>Designated<br>Combined<br>Income<br>Endowment<br>TOTAL<br>FUNDS<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>-<br>55<br>-<br>-<br>55<br>**Unrestricted**<br>**Restricted**<br>Unrestricted<br>Restricted|
|---|---|
||**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>-<br>55<br>-<br>-<br>55|
||**-**<br>**63,481**<br>**-**<br>**-**<br>**63,481**<br>-<br>62,268<br>-<br>-<br>62,268<br>**-**<br>**6,579**<br>**-**<br>**-**<br>**6,579**<br>-<br>9,753<br>-<br>-<br>9,753<br>**4,439**<br>**204**<br>**-**<br>**-**<br>**4,643**<br>4,226<br>100<br>-<br>-<br>4,326<br>**-**<br>**110**<br>**-**<br>**-**<br>**110**<br>-<br>81<br>-<br>-<br>81<br>**-**<br>**65**<br>**-**<br>**-**<br>**65**<br>-<br>1,770<br>952<br>-<br>2,722<br>**-**<br>**15,605**<br>**-**<br>**-**<br>**15,605**<br>-<br>19,147<br>-<br>-<br>19,147<br>**-**<br>**10,121**<br>**7,185**<br>**-**<br>**17,306**<br>-<br>21,659<br>-<br>-<br>21,659<br>**3,896**<br>**-**<br>**-**<br>**-**<br>**3,896**<br>2,104<br>-<br>-<br>-<br>2,104<br>**-**<br>**24,781**<br>**-**<br>**-**<br>**24,781**<br>-<br>1,851<br>-<br>-<br>1,851<br>**830**<br>**518**<br>**-**<br>**-**<br>**1,348**<br>1,073<br>1,361<br>53<br>-<br>2,487<br>**-**<br>**-**<br>**11,202**<br>**-**<br>**11,202**<br>-<br>-<br>18,065<br>-<br>18,065<br>**-**<br>**21,175**<br>**-**<br>**-**<br>**21,175**<br>-<br>14,727<br>-<br>-<br>14,727<br>**11,643**<br>**-**<br>**-**<br>**-**<br>**11,643**<br>11,307<br>-<br>-<br>-<br>11,307<br>**-**<br>**168**<br>**14,845**<br>**-**<br>**15,013**<br>-<br>116<br>17,500<br>-<br>17,616<br>**-**<br>**2,425**<br>**-**<br>**-**<br>**2,425**<br>-<br>5,324<br>-<br>-<br>5,324<br>**4,869**<br>**-**<br>**-**<br>**-**<br>**4,869**<br>6,146<br>-<br>-<br>-<br>6,146|
||**25,677**<br>**145,232**<br>**33,232**<br>**-**<br>**204,141**<br>24,856<br>138,157<br>36,570<br>-<br>199,583|
||**811**<br>**9,964**<br>**-**<br>**-**<br>**10,775**<br>472<br>10,611<br>-<br>-<br>11,083|
||**811**<br>**9,964**<br>**-**<br>**-**<br>**10,775**<br>472<br>10,611<br>-<br>-<br>11,083|
|||
||**26,488**<br>**155,196**<br>**33,232**<br>**-**<br>**214,916**<br>25,328<br>148,823<br>36,570<br>-<br>210,721|



No fees were paid to the independent examiner (2019: £nil). 

Details of missionary and charitable giving are set out the the finance section of the Trustees' Report. 

Four trustees, Les Wells, Naomi Ngururi, Martha Mutikani and Sue Bosley (2019: Les Wells, Naomi Ngururi ad Martha Mutikani) had a total expenses of £4,439 (2019: £3,783) reimbursed. These expenses consisted mainly of travel and office costs.  All were at arm's length. 

## **4  STAFF COSTS** 

The parish paid salaries of £11,643 (2019: £11,307) including employers' national insurance and pension contrbutions for its staff, being the Clergy PA. The Clergy PA was part time for both years   The full time equivalents were 1 (2019: 1). 

12 



**HORLEY PAROCHIAL CHURCH COUNCIL** 

## **NOTES TO THE FINANCIAL STATEMENTS for the year ending 31st December 2020** 

|**5 FIXED ASSETS**<br>Opening balance at 1 January<br>Revaluation<br>Closing balance at 31 December<br>Investments comprise Church Board of Finance Deposit Funds|**Vicarages**<br>**Listed**<br>**investments**<br>**Total**<br>**£**<br>**£**<br>**£**<br>573,918<br>53,771<br>**627,689**<br>-<br>206<br>**206**|
|---|---|
||573,918<br>53,977<br>**627,895**|
|||



## **6 STOCK** 

Fuel oil stock has been estimated at £800 and included in unrestricted designated funds 

|**7 DEBTORS**<br>Sundry debtors<br>Income tax recoverable<br>Total<br>**8 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Accruals and deferred income<br>Total|**2020**<br>**TOTAL**<br>**FUNDS**<br>**£**<br>**13,558**<br>**46,067**<br>**59,625**<br>**2020**<br>**TOTAL**<br>**FUNDS**<br>**£**<br>**6,778**<br>**6,778**|2019<br>TOTAL<br>FUNDS<br>£<br>9,795<br>20,383|
|---|---|---|
|||30,178|
|||2019<br>TOTAL<br>FUNDS<br>£<br>5,021|
|||5,021|



13 



## **HORLEY PAROCHIAL CHURCH COUNCIL** 

## **NOTES TO THE FINANCIAL STATEMENTS for the year ending 31st December 2020** 

|**9 NET ASSETS BY FUND**<br>**2020**<br>Fixed Assets<br>Endowments<br>Net current assets/(liabilities)<br>Fund balances<br>**2019 restated**<br>Fixed Assets<br>Endowments<br>Net current assets/(liabilities)<br>Fund balances<br>**10 FUND DETAILS**<br>**Designated combined funds include:**<br>**2020**<br>Balance at 1 January as previously stated<br>Prior year adjustment<br>Balance at 1 January as restated<br>Income<br>Expenditure<br>Transfers<br>Investment (losses)/gains<br>Balance at 31 December<br>**2019 restated**<br>Balance at 1 January<br>Income<br>Expenditure<br>Transfers<br>Investment (losses)/gains<br>Balance at 31 December|**General PCC**<br>**Designated**<br>**Combined**<br>**Income**<br>**Endowment**<br>**TOTAL**<br>**FUNDS**<br>**£**<br>£<br>£<br>£<br>£<br>**-**<br>**573,918**<br>**53,977**<br>**-**<br>**627,895**<br>**-**<br>**-**<br>**-**<br>**13,545**<br>**13,545**<br>**(19,286)**<br>**159,032**<br>**88,472**<br>**-**<br>**228,218**<br>**(19,286)**<br>**732,950**<br>**142,449**<br>**13,545**<br>**869,658**<br>-<br>573,918<br>53,771<br>-<br>627,689<br>-<br>-<br>-<br>13,545<br>13,545<br>(16,987)<br>130,093<br>60,017<br>-<br>173,123<br>(16,987)<br>704,011<br>113,788<br>13,545<br>814,357<br>**St Barts**<br>**St Wilfrids**<br>**St Francis**<br>**Tower**<br>**Organ**<br>**Fabric**<br>**Capital**<br>**Repair**<br>**Other**<br>**Total**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**44,720**<br>**45,371**<br>**47,027**<br>**4,278**<br>**6,723**<br>**2,441**<br>**573,918**<br>**31,489**<br>**192**<br>**756,159**<br>**(52,148)**<br>**1,000**<br>**3,000**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**(48,148)**<br>**Unrestricted**<br>**Restricted**|**General PCC**<br>**Designated**<br>**Combined**<br>**Income**<br>**Endowment**<br>**TOTAL**<br>**FUNDS**<br>**£**<br>£<br>£<br>£<br>£<br>**-**<br>**573,918**<br>**53,977**<br>**-**<br>**627,895**<br>**-**<br>**-**<br>**-**<br>**13,545**<br>**13,545**<br>**(19,286)**<br>**159,032**<br>**88,472**<br>**-**<br>**228,218**<br>**Unrestricted**<br>**Restricted**|
|---|---|---|
|||**(19,286)**<br>**732,950**<br>**142,449**<br>**13,545**<br>**869,658**|
|||-<br>573,918<br>53,771<br>-<br>627,689<br>-<br>-<br>-<br>13,545<br>13,545<br>(16,987)<br>130,093<br>60,017<br>-<br>173,123|
|||(16,987)<br>704,011<br>113,788<br>13,545<br>814,357|
||**(7,428)**<br>**46,371**<br>**50,027**<br>**4,278**<br>**6,723**<br>**2,441**<br>**573,918**<br>**31,489**<br>**192**<br>**708,011**<br>**60,890**<br>**55,564**<br>**59,445**<br>**-**<br>**38**<br>**-**<br>**-**<br>**4,198**<br>**-**<br>**180,135**<br>**(51,494)**<br>**(40,035)**<br>**(37,946)**<br>**-**<br>**(940)**<br>**-**<br>**-**<br>**(24,781)**<br>**-**<br>**(155,196)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**||
||**1,968**<br>**61,900**<br>**71,526**<br>**4,278**<br>**5,821**<br>**2,441**<br>**573,918**<br>**10,906**<br>**192**<br>**732,950**||
||**(16,489)**<br>**33,755**<br>**51,686**<br>**4,053**<br>**6,903**<br>**2,441**<br>**555,044**<br>**18,692**<br>**192**<br>**656,277**<br>**82,488**<br>**35,736**<br>**48,108**<br>**225**<br>**480**<br>**-**<br>**-**<br>**14,648**<br>**-**<br>**181,685**<br>**(73,425)**<br>**(23,120)**<br>**(49,767)**<br>**-**<br>**(660)**<br>**-**<br>**-**<br>**(1,851)**<br>**-**<br>**(148,823)**<br>**(2)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**(2)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**18,874**<br>**-**<br>**-**<br>**18,874**||
||**(7,428)**<br>**46,371**<br>**50,027**<br>**4,278**<br>**6,723**<br>**2,441**<br>**573,918**<br>**31,489**<br>**192**<br>**708,011**||



## _**Purposes of funds**_ 

**St Barts, St Wilfrids, St Francis:** these represent the combined general and designated unrestricted funds recognised in each of the three churches individually. The prior year adjustment included this year was to reallocate restricted funds that had been included previously in these combined funds to restricted funds below. 

**Tower Fund:** this was an amount set aside for future repairs to the tower and bells at St Barts. Income derived from fees from weddings or funerals which the PCC decided to allocate to this fund. 

**Organ Fund:** this was an amount set aside for repairs and maintenance at St Barts. Income derived from fees from weddings or funerals which the PCC decided to allocate to this fund, as these are the occasions for which the organ is used. 

**Fabric Fund:** this represents a fund set up by the PCC for general future repairs. 

**Vicarages (Capital) Fund:** this represents the carrying value of the vicarages owned by the PCC for St Francis and St Wilfrids and as such is not easily convertible into liquid assets. **Vicarages (Repairs) Fund:** this represents amounts set aside by the PCC for the purpose of meeting any major repair and redecorations to the vicarages. 

**Other:** these represent various other smaller appeals which are immaterial in size and have therefore been grouped together. 

14 



## **HORLEY PAROCHIAL CHURCH COUNCIL** 

## **NOTES TO THE FINANCIAL STATEMENTS for the year ending 31st December 2020** 

## **10 FUND DETAILS (continued)** 

|**Restricted income funds include:**<br>**2020**<br>Balance at 1 January as previously stated<br>Prior year adjustment<br>Balance at 1 January as restated<br>Income<br>Expenditure<br>Transfers<br>Investment (losses)/gains<br>Balance at 31 December<br>**2019**<br>Balance at 1 January as restated<br>Income<br>Expenditure<br>Transfers<br>Investment (losses)/gains<br>Balance at 31 December|**Crypto**<br>**St Bart's**<br>**St Bart's**<br>**St Bart's**<br>**St Bart's**<br>**St Bart's**<br>**St Bart's**<br>**Parish Hall**<br>**Churchyard**<br>**St Wilfrids**<br>**St Wilfrids**<br>**St Francis**<br>**Other**<br>**Total**<br>**Design**<br>**Tower/Spire**<br>**Puppets**<br>**Worship**<br>**WNS**<br>**Other**<br>**Roof Fund**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**3,360**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**50,603**<br>**(12,780)**<br>**-**<br>**2,000**<br>**3,000**<br>**2,677**<br>**48,860**<br>**-**<br>**17,804**<br>**16,352**<br>**1,035**<br>**15,784**<br>**71**<br>**1,102**<br>**-**<br>**12,780**<br>**1,000**<br>**(2,000)**<br>**(3,000)**<br>**-**<br>**60,928**|
|---|---|
||**3,360**<br>**17,804**<br>**16,352**<br>**1,035**<br>**15,784**<br>**71**<br>**1,102**<br>**50,603**<br>**-**<br>**1,000**<br>**-**<br>**-**<br>**2,677**<br>**109,788**<br>**-**<br>**625**<br>**54,025**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**8,738**<br>**-**<br>**-**<br>**-**<br>**-**<br>**63,388**<br>**-**<br>**-**<br>**(7,185)**<br>**-**<br>**(14,845)**<br>**-**<br>**-**<br>**-**<br>**(11,202)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**(33,232)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**2,299**<br>**-**<br>**-**<br>**-**<br>**-**<br>**2,299**<br>**(173)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**214**<br>**165**<br>**-**<br>**-**<br>**-**<br>**-**<br>**206**|
||**3,187**<br>**18,429**<br>**63,192**<br>**1,035 **<br>**939 **<br>**71**<br>**1,102**<br>**50,817**<br>**-**<br>**1,000**<br>**-**<br>**-**<br>**2,677**<br>**142,449**|
||**3,218**<br>**17,086**<br>**10,083**<br>**1,035**<br>**554**<br>**71**<br>**700**<br>**50,227**<br>**(11,497)**<br>**1,000**<br>**-**<br>**-**<br>**2,677**<br>**75,154**<br>**-**<br>**1,125**<br>**6,294**<br>**-**<br>**32,658**<br>**-**<br>**837**<br>**-**<br>**16,430**<br>**-**<br>**-**<br>**-**<br>**-**<br>**57,344**<br>**-**<br>**-**<br>**(25)**<br>**-**<br>**(17,500)**<br>**-**<br>**(952)**<br>**-**<br>**(18,093)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**(36,570)**<br>**-**<br>**(407)**<br>**-**<br>**-**<br>**72**<br>**-**<br>**517**<br>**-**<br>**12,780**<br>**-**<br>**-**<br>**-**<br>**-**<br>**12,962**<br>**142**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**376**<br>**380**<br>**-**<br>**-**<br>**-**<br>**-**<br>**898**|
||**3,360**<br>**17,804**<br>**16,352**<br>**1,035 **<br>**15,784**<br>**71**<br>**1,102**<br>**50,603**<br>**-**<br>**1,000**<br>**-**<br>**-**<br>**2,677**<br>**109,788**|



## _**Purposes of funds**_ 

**Crypto Fund:** this represents funds held in Church of England listed investments. 

**St Bart's Design Fund:** these represent donations over many years towards major repairs and redecorations to St Barts. 

**St Barts Tower/Spire Fund:** this comprises donations specifically towards Phase One of the urgent repair work required for the tower, roof and spire of St Barts. After the year end, donations were given for Phase Two which will be included in a separate restricted fund. **St Barts Puppets Fund:** these represent donations given towards the Puppets ministry at St Barts. 

**St Barts Worship Fund:** these represent donations given towards the PA and sound equipment at St Barts. The vast majority of this year's expenditure was on a new sound system which came into use during the year. 

**St Barts WNS (Winter Night Shelter):** this represented donations given towards the Winter Night Shelter, a project run by a local charity, Renewed Hope, specifically for light and heat incurred in using St Barts as one of the host locations. 

**St Bart's Other:** these represent various other smaller appeals which are immaterial in size and have therefore been grouped together. 

The prior year adjustment was made this year to reallocate all the above St Bart's restricted funds which had previously been recognised in the St Barts combined designated funds. 

**Parish Hall Fund:** this represents proceeds realised on the sale of the Albert Rooms in Albert Road, Horley, and had been intended for constructing new Parish Rooms at St Barts. This is currently under discussion with the Diocese. 

**Churchyard Fund:** this consisted of local Council grants given for the purpose of maintaining St Bart's churchyard and graveyard, the annual cost of which exceeded the income over a number of years. The prior year adjustment was made this year to clear the deficits that had accumulated over this period by way of a transfer from general unrestricted funds. 

**St Wilfrids Roof Fund:** this represented a donation from the pre-school club at St Wilfrids towards roof repairs. 

**St Wilfrids and St Francis Other Funds:** these comprised funds that had been allocated by the PCC rather than donations given for specific purposes at St Wilfrids and St Francis; therefore they were not restricted in nature. The prior year adjustment was made to reallocate these to St Wilfrids and St Francis combined designated funds. 

**PCC Other:** these represent various other smaller appeals which are immaterial in size and have therefore been grouped together. 

## **Endowment funds include:** 

## **2020 and 2019** 

Balance at 1 January Incoming resources Resources expended Investment (losses)/gains Balance at 31 December 

||**Sampson**|**Total**|
|---|---|---|
||**£**|**£**|
||**13,545**|**13,545**|
||**-**|**-**|
||**-**|**-**|
||**-**|**-**|
||**13,545**|**13,545**|



## _**Purposes of fund**_ 

**Sampson Fund:** this was established by a legacy given by a former member of the Parish believed to be intended for the Churchyard. 

15 



## **HORLEY PAROCHIAL CHURCH COUNCIL** 

## **NOTES TO THE FINANCIAL STATEMENTS for the year ending 31st December 2020** 

## **11 RELATED PARTY TRANSACTIONS** 

Other than expenses reimbursed to trustees as set out in notes 3 and 4, there were no related party disclosures which required disclosure. Donations from Trustees did not have conditions attached which would have required the PCC to significantly alter the nature of the Parish's activities. 

## **12 PRIOR YEAR ADJUSTMENT** 

This year prior year adjustments were made in respect of the following: 

a. Restricted funds which had initially been included in the financial statements as part of St Barts and St Wilfrids combined designated funds totalling £52,148 at 1 January 2020; 

b. Clearance of a deficit balance of £12,780 on the Churchyard restricted fund as no income was expected in the future to defray existing liabilities; and 

c. Reallocating monies that had originally been set aside by the PCC for St Wilfrids and St Francis which had been incorrectly included as restricted funds, but have now been correctly included in those churches' combined designated funds. 

16 



INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF Horley PCC
I report to the truste¢s on my enmtnation of the awounts of Horley PCC (the Trust) for the year ended 31 D¢¢ember
2020.
Re5ponsiblllties and basi8 of report
A5 Ihe charity trustees of th¢ Trust you are res￿nSIble for the preparation of th¢ accounts in A￿OrdanCe with the
requitcmcnts of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the Trust's accounts carri¢d out under s¢¢tion 145 of th¢ 2011 Act and in
ing out my examination I have followed all the applicable Directions given by th¢ Charity Commission under
se¢tion 145(5)(b) of the Act.
The charity's gross income cxceeded £250.000 and l am qualified io undertake the ex8￿Ination by b¢ing a qualified
member of the Asso¢tation of Chartered Certified Accountants.
Independent ex8min¢r's statement
I have completed my examination. I confirn that no material matter5 have ¢ome to my attention in conne¢tion with the
examination which gives me cause io believe that ift aT]y material r¢spect-
. accounting records w¢re not kept in respect of the Tnjst as requtred by section 130 of the Act" or
2. the acwunls do not accord with the accounting reeords" or
3. the a¢wunts do not comply with the applicable requirements conceming the forni and content of aecounts set
out in the Charities (Accounts and Re￿Its> Regulations 2008 other than any requirement that the accounts
give a'true and fair, view which is not a matt¢r ¢onsidered as part of an independeDI examination.
I have no ¢oncenLS attd have com¢ across no other matt¢rs in connection with th¢ examtnation to which attention should
b¢ drawn in this report in order to enable a proper understanding of th¢ arxounts to be rvdched.
Janice Roberts FCCA
Horley
SU￿eY
l} Octob¢r 2021
17