OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

Charity Registration No. 1133784

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON

CHURCH OF ST MARY THE VIRGIN, WILLINGDON ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON CHURCH OF ST MARY THE VIRGIN, WILLINGDON CONTENTS

Page
PCC's report 1 - 8
Statement of PCC's responsibilities 9
Independent examiner's report 10
Statement of financial activities 11 - 12
Balance sheet 13
Notes to the financial statements 14 - 29

Trustees Annual Report and Financial Report

Of

The Parochial Church Council of the Ecclesiastical Parish of

St Mary the Virgin, Willingdon

St Mary the Virgin Willingdon, Church Street, Willingdon BN20 9HT

Registered Charity no. 1133784

For the year ended 31[st] December 2021

Website: www.stmaryswillingdon.org

Incumbent: The Revd. Kevin Agnew. 35a Church Street, Willingdon BN20 9HR

Independent examiner: Nicholas Brown FCA DChA BFP, Plummer Parsons, 18 Hyde Gardens, Eastbourne

Bankers: Barclays, East Sussex Branch.

National Westminster, Eastbourne Town Centre Branch

St Mary the Virgin, Willingdon Trustees Annual Report for 2021

Our aims and purposes as charity

The Rev. Kevin Agnew was Incumbent of St Mary’s Church, Willingdon. When he took early retirement this placed the church in interregnum. During this period the Church Wardens were responsible for the fabric and running of the church, and Deacon Sue, with the permission of the Bishop of Lewes, took charge of the Ministry.

The PCC has the responsibility of co-operating with incumbent, The Revd. Kevin Agnew, in:

The PCC also has the responsibility for the parish and for the repair and maintenance of the Church Fabric, Church Hall and 37 Church Street.

What we planned to do to achieve our charitable objectives

When planning our activities for the year, the incumbent and the PCC have considered the Charity Commission’s guidance on public benefit and the specific guidance on ‘charities for the advancement of religion’.

For 2021, we discussed and planned the following objectives and activities to fulfil our aims.

St Mary the Virgin, Willingdon Trustees Annual Report for 2021

What we achieved and how we affected beneficiaries’ lives

Attendance at worship

The church family welcomes visitors from within, as well as outside, the parish boundary. Visitors attend by personal choice and it is our great pleasure to welcome anyone from all walks of life to take part in the life of the church. We contend that voluntary attendance to worship the Lord Jesus Christ, is a major demonstration of the public benefit of our activities.

Normally we would encourage the deepening of faith for all ages and, alongside our services, there would be a programme for young people. Due to the pandemic, this did not happen. As the restrictions relaxed, baptisms and monthly children’s services took place.

There are currently 207 persons on the church electoral roll.

All Covid -19 safety guidelines were adhered to, carefully following the advice from The Bishop of Chichester, the Church of England and the government.

A weekly church bulletin has enabled St Mary’s to communicate with over 250 households each week. This includes the Sunday readings, biblical reflections and prayers. It has proved to be a vital communication for pastoral care and support. Communication also took place via Facebook.

The services of remembrance, as well as, the worship at Butts Brow at the Ruthless Memorial were led by Deacon Sue as an act of remembrance for the local parish council outside the parish office.

Throughout the year the Sunday morning 9.45am Parish Eucharist was live streamed and, when permitted, an 8am service of Holy Communion and 11.30am Eucharist were added. Evensong took place on Sunday evenings and was live streamed. Compline took place every Thursday evening. When permitted the church was open twice a week for private prayer.

Contact with young families continued during the year via social media. Weekly contact with young families (Kids on Sundays) continued and they were provided with activities based on the weekly church theme. Sonbeams continued via Zoom during the first lockdown and contact has been kept throughout the year. Christmas services were all lived streamed. Unfortunately due to restrictions the following events had to be cancelled: our monthly Messy Church, some schools Christmas concerts, our church/village Pantomime and the Summer Fair.

Pastoral Care

Weekly fellowship took place twice a week from both The Church on the Trees and St Mary’s, giving people the opportunity to talk, support and see others via social media.

Pastoral care was given to the families of the bereaved and the clergy at St Mary’s took 28 funerals during the year. St Mary’s outreach continued to the local care home, providing pastoral support to families suffering bereavement.

Teaching, baptising and nurturing new and existing believers

As Covid restrictions were relaxed, 4 weddings took place and pastoral care was given to all the couples. 2 confirmations and 18 baptisms took place.

During the year we were able to ‘Zoom’ part of our Lent and Advent course. The Saturday Quiet Days restarted.

St Mary the Virgin, Willingdon

Trustees Annual Report for 2021

We are deeply grateful to the Ministry Team who have supported the ongoing teaching and nurturing of the faith at St Mary’s. We continue to develop our fellowship together.

Evangelism and outreach

Whilst observing Covid regulations, The Church on the Trees has continued to be a worshipping presence in the heart of Willingdon Trees Estate. Although the ‘café’ part of Café+Church has been suspended much of the year, the ‘Church’ part has flourished - masked up, socially distanced, and/or online. Numbers have even increased slightly and lay members have enthusiastically taken on duties which made for varied and vibrant worship.

During the pandemic, St Mary’s continued to support various charities. A harvest collection took place for the Family Support work and the annual ‘Link to Hope’ shoebox appeal was very well supported. St Mary’s also held special collections for the Children’s Society and Christian Aid.

The church website is a valuable resource, informing the community and beyond of our mission and outreach to all.

Provision of the church building for people to enjoy

Our church continues to be appreciated by our parishioners and the local community. During the year the church was opened twice a week for private prayer when permitted to do so. As restrictions relaxed, this was extended to 5 days a week. The Church Hall continued to be used by the Chalk Hill Pre-school, when permitted. Other groups started up again in September.

Building for the future

We intend to continue with our plans for the bell restorations and hope that this will involve the interest of the local community in many ways.

Safeguarding

The church continues to review and update all safeguarding procedures, following the current diocesan guidelines including implementing ‘Simple Quality Protects’ (SQP). The Parochial Church Council fully recognises its duty to have due regard to the House of Bishops’ guidance on safeguarding children and vulnerable adults.

Grateful thanks to everyone who has contributed to the life, witness and mission of St Mary’s church during the past year.

Financial review

The Finance Committee of the PCC met formally six times during the year to monitor and manage the church’s income, expenditure and funds and report upon same to the PCC.

Overview

Because of the continuing impact of Covid 19, 2021 proved to be another difficult and challenging year for St Mary’s. We started the year with a total funds of £701,573 and ended the year with a total funds of £676,112. A deficit on the year of £25,462.

St Mary the Virgin, Willingdon Trustees Annual Report for 2021

It is important to note that the bulk of our funds is tied-up in Restricted and Endowment Funds totalling £110,407, together with Unrestricted Funds totalling £565,705 - of which £502,947 is designated for specific purposes or projects.

During the year, the PCC agreed to drawdown monies from certain Designated Funds to bolster the free unrestricted money the church has to work with. This is represented by the balance of General Unrestricted Funds of £62,758 in the Balance Sheet.

On advice of our accountants, the PCC further agreed to move the Fixed Asset Fund of £312,898 into Designated Funds. This will provide a clearer picture of the church’s actual free unrestricted funds.

Income

Successive ‘lockdowns’, the necessary restrictions on attendance, and the reduction in fundraising activities has meant we have again lost substantial income from sources such as the major Summer Fair, general fundraising, fees from weddings and baptisms, hiring fees for the Hall, cash giving at services, and casual and visitor donations through the wall safe.

Except for Legacies and reclaimed Gift Aid, every income source was down on the previous year. Donations and voluntary giving totalled £90,944 and was £13,669 or 13% down on the previous year. Planned giving was down £10,470 or 17% on the year.

Nevertheless, fundraising efforts during the year such as the Valuation Day, social events, Christmas Fair and the Christmas Tree Festival were greatly appreciated. Such initiatives not only contribute to overall income, but also raise awareness of our need for funds. The annual Gift Day appeal was well supported and, with Gift Aid, achieved close to £10,000.

We were fortunate to receive a legacy of £10,000 in the year, which is being used to fund the new Director of Music’s fees.

The Finance Committee and the PCC wish to record special and grateful thanks to those members of the congregation who support the church so generously through planned and regular giving and the Gift Aid scheme.

Expenditure

Through careful controls and economies, the total expenditure for the year was contained at £159,676, but slightly up on the previous year by £2,705 or just under 2%.

Our single major expense is the Parish Share (which we pay to the Diocese towards our total Parish Ministry Costs) which in 2021 was £58,000 or £4,833 per month. This is a huge and daunting commitment each year. This, together with the disparity between our overall costs and the giving from the pews, continues to be a constant and underlying challenge. In the light of the difficulties parishes were experiencing during lockdown, the Diocese wrote-off all deficits on Parish Ministry Costs outstanding at the end of 2020, which meant St. Mary’s started 2021 with a clean sheet.

Essential maintenance and repair works were carried out during the year on the floodlights, the Church house at No 37 Church Street, and the flooring in the Hall. These works together with general repairs and maintenance of the fabric and churchyard totalled £20,658.

St Mary the Virgin, Willingdon Trustees Annual Report for 2021

Church running costs are reported as £26,235 and £13,925 more than last year. In 2020, Church Running Costs were lower than usual because of a refund of some £6,000 in respect of over-estimated energy bills. The 2021 figure includes some £10,000 we had to repay to the Diocese in respect of accumulated wrongly retained fees for weddings and funerals. The 2021 figure is further swelled by the appointment of a self-employed Director of Music.

It has been the policy of the PCC to tithe a sum in the region of 10% of its net income from ordinary activities for charitable donations. As there was no distribution in 2020, the PCC agreed to give a slightly larger sum to good causes in 2021 and 2022 to make up the shortfall. Accordingly, the Missions Committee gave grants during the year, totalling £10,000 to ten local charities.

Staff costs

Both the Parish Administrator and Financial Administrator were retained in 2021. However, the Parish Administrator was furloughed or partly furloughed during the year.

Investments

Income from investments in the current economic climate continues to be poor, especially from the Church of England Investment Fund. The PCC intends to take professional advice on the portfolio in the expectation of achieving better returns.

Reserves policy

During the year the PCC examined the purpose and value of Restricted, Designated and Unrestricted funds and, following some movements in Designated Funds, now feel these are appropriate to the need. The PCC anticipate that the Quinquennial inspection in 2022 will reveal that considerable work will be required on the fabric of the church in the short, medium and long term.

Structure and governance and management of the charity

The Parochial Church Council (PCC) is a registered with the Charity Commission as required by the Charities Act 2011.

Its governing document is the Parochial Church Council (Powers) Measure 1956. The PCC met 8 times during the year with an average attendance of 82.10%.

The following served as members of the Parochial Church Council:

Ex Officio members

Incumbent The Revd. Kevin Agnew Dip MinTh (Left 11/04/2021) Associate Vicars The Revd. Deacon Sue Wilkinson FD TCM The Revd. Merriel Woodward PG Dip. Ministry & Mission (Left 03/08/2021) Readers Mrs Lyn Bishop Mr Jeremy Rowett Wardens Mrs Iona Taylor Mr Trevor Amey

St Mary the Virgin, Willingdon

Trustees Annual Report for 2021

Deanery Synod Reps Mr Paul Martin
Mr Olaf Hoeg
Elected Members Mrs Stephanie Anderson (Joined 10/05/2021, left 29/11/2021)
Mrs Joyce Benstead (Left 10/05/2021)
Mr. David Fleuty
Mrs Susan Foster (Joined 10/05/2021)
(Parish Safeguarding Officer) Mrs Melissa Green (Joined 10/05/2021)
Mr Geoff Grundy (Left 10/05/2021)
Mrs Jan Grundy (Left 10/05/2021)
Mr John Hemingway
Mrs. Lynne Lorraine
Mr Jolly Pett
Mrs Polly Stone-Lee (Joined 18/01/2021)
(Parish Safeguarding Officer) Mrs Sue Walsh (Left 10/05/2021)
Mr Brian Waters
Mrs. Christine Wragg (Joined 10/05/2021)
The Revd. Peter Wragg (Co-opted 17/05/2021)
Treasurer Mr. James Tomsett
PCC Secretary Mrs Val Winslade

Membership of the PCC is determined under the Church Representative Rules and consists of certain ex-officio members (the incumbent, associate vicars, curate, lay readers licenced to officiate in the church), the church wardens and members of the Deanery, Diocesan or General Synods and up to 15 members of the church who are elected at the Annual Parochial Church Meeting (APCM).

Members are warmly encouraged to stand for election to the PCC and we try to ensure a balance of skills and experience where possible.

The Trustees’ Annual Report was approved by the PCC and signed on their behalf by Mr T Amey.

………………………………………………………………………………..

Date…………………………………………………………………………

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON CHURCH OF ST MARY THE VIRGIN, WILLINGDON STATEMENT OF PCC'S RESPONSIBILITIES

FOR THE YEAR ENDED 31 DECEMBER 2021

The PCC are responsible for preparing the PCC's Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the PCC to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Church and of the incoming resources and application of resources of the Church for that year.

In preparing these financial statements, the PCC are required to:

The PCC are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the Church and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON CHURCH OF ST MARY THE VIRGIN, WILLINGDON INDEPENDENT EXAMINER'S REPORT

TO THE PCC OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON

I report to the PCC on my examination of the financial statements of The Parochial Church Council of the Ecclesiastical Parish of Willingdon (the Church) for the year ended 31 December 2021.

Responsibilities and basis of report

As the PCC of the Church you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

I report in respect of my examination of the Church’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

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

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Nicholas Brown FCA DChA BFP

18 Hyde Gardens Eastbourne East Sussex BN21 4PT

Dated: .........................

) o I CD (o (o w <0 7J tr4 zl ul o fry O (7) (O (D v <0 (N O ¢D r cow)* crj o Iij v tsi 73 Ilj v 41 TJ ¢DOr In (o CD

7J tn ¢J TJ CJ ¢y 7J Ul a> 75

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON CHURCH OF ST MARY THE VIRGIN, WILLINGDON BALANCE SHEET

AS AT 31 DECEMBER 2021

Notes
Fixed assets
Tangible assets
14
Investments
15
Current assets
Stocks
17
Debtors
18
Cash at bank and in hand
Creditors: amounts falling due within
one year
19
Net current assets
Total assets less current liabilities
Capital funds
Endowment funds
General endowment funds
Endowment funds
21
Restricted funds
22
Unrestricted funds- general
Designated funds:
23
General unrestricted funds		 2021
£
399
16,081
282,979
299,459
(28,944)
211
502,947
62,758		 £
312,898
92,699
405,597
270,515
676,112
211
110,196
565,705
676,112		 2020
£
399
14,862
302,930
318,191
(17,871)
226
241,760
350,070		 £
314,578
86,675
401,253
300,320
701,573
226
109,517
591,830
701,573

The financial statements were approved by the PCC on .........................

.............................. Mr T Amey Trustee

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON CHURCH OF ST MARY THE VIRGIN, WILLINGDON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1 Accounting policies

Charity information

Church of St Mary the Virgin, Willingdon is an unincorporated charity, governed by the Parochial Church Councils (Powers) Measure 1956 and Church Representation Rules. It is registered with the Charity Commission under charity number 1133784.

1.1 Accounting convention

The financial statements have been prepared in accordance with the Church's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The Church is a Public Benefit Entity as defined by FRS 102.

The Church has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements have been prepared with early application of the FRS 102 Triennial Review 2017 amendments in full.

The accounts are prepared in sterling, which is the functional currency of the Church. Monetary amounts in these financial statements are rounded to the nearest £.

The accounts have been prepared under the historical cost convention, except for investment assets which are shown at fair 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 affiliation to another body, nor those which are informal gatherings of church members.

1.2 Going concern

At the time of approving the financial statements, the PCC have a reasonable expectation that the Church has adequate resources to continue in operational existence for the foreseeable future. Thus the PCC continue to adopt the going concern basis of accounting in preparing the financial statements.

At the date of this report, there exists considerable uncertainty regarding the potential impact of the Coronavirus and the economic consequences, both within the U.K. and overseas, which may result from government policies to contain the spread. The duration and geographical extent of any possible lockdown or future government policies are unknown. Whilst we are unable to predict what the economic consequences may be and the impact on the charity’s future ability to continue trading, we have continued to use the going concern basis as appropriate in the preparation of these accounts.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the PCC in furtherance of their charitable objectives.

Designated funds are set aside by the PCC for specific future purposes or projects.

Restricted funds are either income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest; or donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of the year is carried forward as a balance on that fund.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON CHURCH OF ST MARY THE VIRGIN, WILLINGDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

1 Accounting policies

(Continued)

Endowment funds - the capital of which must be maintained; only income arising from the investment of the endowment may be used, either as restricted or unrestricted funds, depending on the purpose set out in the terms of the original endowment.

1.4 Income

All income and endowments are accounted for without deduction for any costs of receivability, are recognised when there is evidence of entitlement, receipt is probable, and the amount can be measured reliably.

Collections are recognised when received. Planned giving receivable is recognised when there is evidence of entitlement, receipt is probable, and the amount accords with the Gift Aid declaration or other record of intention to donate. Gift Aid recovered is recognised when the income to which it is attached is recognised.

Grants and legacies are recognised when the formal offer in writing of the funding is received by the PCC.

Sales of magazines and study notes are recognised when received. Rents from property are recognised in accordance with the rental agreements, when receipt is probable.

Trading activities are where income is receivable in return for selling goods or providing services. Income from trading is recognised when received. Investment income - dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. All other income is recognised in accordance with the above overall policy.

Realised gains are recognised when the investments are sold. Unrealised gains and losses are accounted for on revaluation at 31 December.

1.5 Expenditure

Expenditure is accounted for on the accruals basis and accounted for gross.

Grants and donations are accounted for when paid over, or when awarded where the award creates a binding obligation on the PCC.

The Diocesan parish contribution is accounted for on an annual basis, reflecting the allocation set by our Deanery. Any parish contribution unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the balance sheet.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON CHURCH OF ST MARY THE VIRGIN, WILLINGDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

1 Accounting policies

(Continued)

1.6 Tangible fixed assets

Consecrated and beneficed property of any kind is excluded from the accounts by s.10(2) of the Charities Act 2011. Movable church furnishing held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church's inventory which can be inspected but are not included in the financial statements. For other property acquired prior to November 1984 there is insufficient cost information available and therefore the cost of such assets is not stated in the financial statements. All expenditure on consecrated or beneficed buildings and individual items costing under £1,000 are written off in the year they were incurred.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings Nil Audio and visual equipment 14% reducing balance basis Office equipment 14% reducing balance basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

No depreciation is provided on freehold property as it is the PCC's policy to maintain these assets in a continual state of sound repair. The useful economic life of these assets is so long and the residual value so high that any depreciation would not be material. These assets will be subject to annual impairment reviews. Provision will be made if there has been any permanent diminution in value.

1.7 Fixed asset investments

Fixed asset investments are measured at fair value at the balance sheet date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

1.8 Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with the CBF Church of England Funds or at the bank and other short-term liquid investments with original maturities of three months or less.

1.10 Employee benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON CHURCH OF ST MARY THE VIRGIN, WILLINGDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

2 Donations and legacies

Unrestricted
Restricted
funds
funds
general
2021
2021
£
£
Planned giving
50,286
-
Legacies receivable
10,182
-
Grants
4,757
-
Loose cash collections
2,817
-
Other special appeals
10,017
856
Summer fete and Music concerts
1,480
-
Gift Aid recoverable
18,570
-
Donations
3,017
-
101,126
856
For the year ended 31 December 2020
106,613
2,080		 Total
2021
£
50,286
10,182
4,757
2,817
10,873
1,480
18,570
3,017
101,982		 Total
2020
£
60,756
2,000
7,452
2,987
17,089
70
14,286
4,053
108,693
108,693

Grants includes monies received under the Coronavirus Job Retention Scheme totalling £1,293.

3 Charitable activities

Sales of the parish magazine
Church centre hiring fees
Magazine advertisement fees
Rent from letting of parish house
Traidcraft stall
Fees for weddings, funerals and baptisms		 2021
£
-
10,278
-
12,000
109
(437)
21,950		 2020
£
1,078
10,183
176
11,800
1,676
6,777
31,690

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON CHURCH OF ST MARY THE VIRGIN, WILLINGDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

4 Investments

Unrestricted
Restricted
funds
funds
general
2021
2021
£
£
Income from unlisted
investments
-
3,260
Interest receivable
761
25
761
3,285		 Total Unrestricted
Restricted
funds
funds
general
2021
2020
2020
£
£
£
3,260
-
3,252
786
1,119
141
4,046
1,119
3,393		 Total
2020
£
3,252
1,260
4,512

5 Other income

Unrestricted Unrestricted
funds
funds
general
general
2021
2020
£
£
212
675
Total Unrestricted
Restricted
Total
funds
funds
general
2021
2020
2020
2020
£
£
£
£
2,573
3,581
320
3,901
249
90
-
90
158
-
-
-
2,980
3,671
320
3,991
2,980
3,671
320
3,991		 Unrestricted Unrestricted
funds
funds
general
general
2021
2020
£
£
212
675
Total Unrestricted
Restricted
Total
funds
funds
general
2021
2020
2020
2020
£
£
£
£
2,573
3,581
320
3,901
249
90
-
90
158
-
-
-
2,980
3,671
320
3,991
2,980
3,671
320
3,991
Other receipts
Raising funds
Unrestricted
Restricted
funds
funds
general
2021
2021
£
£
Fundraising and publicity
Special appeals costs
(e.g. adverts, brochures)
1,360
1,213
Summer fete
249
-
Advertising
158
-
Fundraising and publicity
1,767
1,213
1,767
1,213
Total
2020
£
3,901
90
-
3,991
3,991

6 Raising funds

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON CHURCH OF ST MARY THE VIRGIN, WILLINGDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

7 Charitable activities

Church
activities
Church
activities
2021
2020
£
£
Staff costs
13,041
12,878
Depreciation and impairment
1,683
1,956
Ministry - diocesan parish contribution
58,000
55,785
Ministry - other clergy costs
2,096
5,675
Upkeep of services
508
514
Church running
26,235
12,310
Youth ministry
553
99
Church maintenance and repair
18,938
41,053
Upkeep of churchyard
1,720
2,396
122,774
132,666
Grant funding of activities (see note 8)
10,000
181
Share of governance costs (see note 9)
2,088
3,411
134,862
136,258
Analysis by fund
Unrestricted funds - general
134,862
130,556
Restricted funds
-
5,702		 Church
activities
Church
activities
2021
2020
£
£
Staff costs
13,041
12,878
Depreciation and impairment
1,683
1,956
Ministry - diocesan parish contribution
58,000
55,785
Ministry - other clergy costs
2,096
5,675
Upkeep of services
508
514
Church running
26,235
12,310
Youth ministry
553
99
Church maintenance and repair
18,938
41,053
Upkeep of churchyard
1,720
2,396
122,774
132,666
Grant funding of activities (see note 8)
10,000
181
Share of governance costs (see note 9)
2,088
3,411
134,862
136,258
Analysis by fund
Unrestricted funds - general
134,862
130,556
Restricted funds
-
5,702		 Church
activities
Church
activities
2021
2020
£
£
Staff costs
13,041
12,878
Depreciation and impairment
1,683
1,956
Ministry - diocesan parish contribution
58,000
55,785
Ministry - other clergy costs
2,096
5,675
Upkeep of services
508
514
Church running
26,235
12,310
Youth ministry
553
99
Church maintenance and repair
18,938
41,053
Upkeep of churchyard
1,720
2,396
122,774
132,666
Grant funding of activities (see note 8)
10,000
181
Share of governance costs (see note 9)
2,088
3,411
134,862
136,258
Analysis by fund
Unrestricted funds - general
134,862
130,556
Restricted funds
-
5,702
2021
£
13,041
1,683
58,000
2,096
508
26,235
553
18,938
1,720
122,774
10,000
2,088
134,862
134,862
-		 2020
£
12,878
1,956
55,785
5,675
514
12,310
99
41,053
2,396
132,666
181
3,411
136,258
130,556
5,702

Governance costs are fees for the Independent Examination of the accounts and HR fees.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON CHURCH OF ST MARY THE VIRGIN, WILLINGDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

8 Grants payable

Grants to institutions:
Home:
Warming Up the Homeless
Eastbourne Association Parents Action
St Wilfrid's Hospice
Friends of Eastbourne Hospitals
Matthew 25 Mission
Chalk Farm Pre-school
Family Support Work
Beachy Head Chaplain
People Matter
Eastbourne Lifeboat
Eco Church
Sundry donations
Support costs
Support
costs
Governance
costs
£
£
Legal and professional
-
-
Accounting and
Independent
Examination fees
-
2,088
-
2,088
Analysed between
Charitable activities
-
2,088		 2021
£
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
-
-
10,000
2021
Support
costs
Governance
costs
£
£
£
-
-
657
2,088
-
2,754
2,088
-
3,411
2,088
-
3,411		 2020
£
-
-
-
-
-
-
-
-
-
-
125
56
181
2020
£
657
2,754
3,411
3,411

9 Support costs

Governance costs above include payments to the Independent Examiner of £2,088 (2020: £2,754) for accountancy and Independent Examination services.

10 PCC

No PCC members or persons closely connected to them received any form of remuneration. No persons received remuneration in excess of £60,000.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON CHURCH OF ST MARY THE VIRGIN, WILLINGDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

11 Employees

The average monthly number of employees during the year was:

2021 2020
Number Number
2 2
Employment costs 2021 2020
£ £
Wages and salaries 13,041 12,666
Social security costs - 212
13,041 12,878

There were no employees whose annual remuneration was more than £60,000.

12 Other

Unrestricted
Restricted
funds
funds
general
2021
2021
Traidcraft stall
-
-
Other trading costs
2
10,120
Other expenditure
11,712
-
11,714
10,120		 Total Unrestricted
Restricted
funds
funds
£
general
2021
2020
2020
-
1,939
-
10,122
1,999
4,586
11,712
8,198
-
21,834
12,136
4,586		 Total
£
2020
1,939
6,585
8,198
16,722

c a)0 J c ttio

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON CHURCH OF ST MARY THE VIRGIN, WILLINGDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

14 Tangible fixed assets

Freehold land
and buildings
Audio and
visual
equipment
Office
equipment
£
£
£
Cost
At 1 January 2021
302,562
15,795
18,598
At 31 December 2021
302,562
15,795
18,598
Depreciation and impairment
At 1 January 2021
-
7,315
15,060
Depreciation charged in the year
-
1,187
495
At 31 December 2021
-
8,502
15,555
Carrying amount
At 31 December 2021
302,562
7,293
3,043
At 31 December 2020
302,562
8,479
3,537		 Total
£
336,955
336,955
22,375
1,682
24,057
312,898
314,578

Freehold land and buildings is £60,000 Church Hall, and the Church House at £242,562.

15 Fixed asset investments

Unlisted
investments
£
Cost or valuation
At 1 January 2021 86,675
Valuation changes 6,024
At 31 December 2021 92,699
Carrying amount
At 31 December 2021 92,699
At 31 December 2020 86,675

The carrying amount at 31 December 2021 represents £27,722 Unrestricted Funds, £66,766 in Restricted Funds and £211 in Endowment Funds.

The holding at 31 December 2021 was 16,244 shares in CBF Fixed Interest Securities Fund held by the PCC, 4,291 Charifund Income Units held in the Dingley Dell Fund and 132 CBF Fixed Interest Securities Fund held in the Fraser Trust.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON CHURCH OF ST MARY THE VIRGIN, WILLINGDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

16
Financial instruments
Carrying amount of financial assets
Instruments measured at fair value through profit or loss
17
Stocks
Finished goods and goods for resale
18
Debtors
Amounts falling due within one year:
Other debtors
Prepayments and accrued income
Other debtors represent income tax recoverable.
19
Creditors: amounts falling due within one year
Accruals and deferred income		 2021
£
92,699
2021
£
399
2021
£
9,854
6,227
16,081		 2020
£
86,675
2020
£
399
2020
£
8,286
6,576
14,862
2021
£
28,944		 2020
£
17,871

20 Retirement benefit schemes

The Church operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Church in an independently administered fund.

ttio

o) CN o ttio

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON CHURCH OF ST MARY THE VIRGIN, WILLINGDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

23 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Movement in funds Movement in funds
Balance at 1 Incoming Resources Transfers Balance at 31
January resources expended December
2021 2021
£ £ £ £ £
Church Hall 60,000 - - (20,000) 40,000
Church House 50% 55,062 - - (25,000) 30,062
Repairs Reserve for Church 31,337 - - 25,000 56,337
Repairs Reserve Hall and House 32,169 - - (32,169) -
Willingdon Trees Support 55,041 - - (35,041) 20,000
Youth Clubs 2,392 - - - 2,392
Church Organ Fund 5,136 - - - 5,136
Social Fund 400 - - - 400
Bells Restoration Fund 223 - - (223) -
Fixed Asset Fund - - - 312,898 312,898
Investment Fund - - - 25,722 25,722
Organist's fees - 10,000 - - 10,000
241,760 10,000 - 251,187 502,947

)￿)0 ) (o co * (ci o (Y) O u) o ro o 73 U) O T5 fN (wo )0 ) a) w) oo (o io ¢*YJ P4 Ln ¢7) N U) co￿0 (N Lri ¢n x21 ttio

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON CHURCH OF ST MARY THE VIRGIN, WILLINGDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

25 Related party transactions

Transactions with related parties

During the year, payments of £8,507 were made to 8 trustees and their related parties for the reimbursement of church operating expenses (2020: payments of £4,355 were made to 6 trustees).

Rev M Woodward, trustee, is also a trustee of the Trees Community Association. During the year, payments of £282 were made to the Association for hire of facilities (2020: £2,628).

Many of the trustees regularly give to the work of the Church and £7,392 was given during the year (2020: £7,791). In addition to this, trustees will give through anonymous cash collections and therefore it is not practical to quantify the full amount of donations received from trustees during the year.

During the year, Rev Sue Wilkinson, trustee, commenced renting a property owned by the PCC. Rent of £12,000 was received from Rev Wilkinson (2020: £9,000)