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2021-12-31-accounts

St Cuthbert North Meols

A member of the North Meols Team since 1st December 2003.

Registered Charity No. 1133850

A Parish situated in Churchtown, Southport, Merseyside and a member of the Diocese of Liverpool.

Annual Report of the proceedings of the Parochial Church Council Balance Sheet and Statement of Financial Activities for the year ended 31st December 2021

Team Rector

Reverend Rebecca Clarke, The Rectory, 20 Moss Lane, Southport PR9 7QR

Accountants

Mayfair Associates, 21a Hoghton Street, Southport PR9 ONS

Independent Examiner

Mr Robert Corbett, 40 New Lane, Southport PR9 8LH

Gift Aid Secretary

Mrs Susan Greer

Bankers

Natwest, 130 Lord Street, Southport PR9 OAE

Quinquennial Architect

Mr David Chapman, NJSR Chartered Architects LLP, 59 Hoghton Street, Southport PR9 OPG

Contents

PCC Report .............................................................................................. 1 - 4 Independent Examiner’s Report.................................................................. 5 Balance Sheet .............................................................................................. 6 Statement of Financial Activities ................................................................ 7 Notes to the Financial Statements ....................................................... 8 - 12

Parochial Church Council of St Cuthbert North Meols Annual Report for the year ended 31st December 2021 Administrative information

St Cuthbert’s Church is situated in Botanic Road, Churchtown, Southport. It is part of the Diocese of Liverpool within the Church of England. Since 2003, St Cuthbert’s has been part of the North Meols Team Ministry comprising the three parishes of St Cuthbert in North Meols, St Stephen in Banks, and St John in Crossens. The correspondence address is:

Parish Hall Office, Botanic Road, Churchtown, Southport PR9 7NA

The Parochial Church Council (PCC) is a charity. The registration is listed as ‘The Parochial Church Council of the Ecclesiastical Parish of St Cuthbert, North Meols.’and the registered number 1133850.

The following members have served during the year :

Chairman, Rector Reverend Rebecca Clarke Vice-Chairman Mr R Abrams Team Rector Reverend Rebecca Clarke Reader (ex-officio) Mrs B Jagger Mr R Abrams Wardens Mr M Clarke Mrs A Evans ** Mr P Bate Secretary (appointed, not elected) Mrs D Judge Parish Clerk (appointed, not elected) Mrs D Judge Treasurer – link with Diocese Link with Accountant Gift Aid Secretary Mrs S Greer Deanery Synod Representatives Mrs B Jagger Mr R Abrams

and

Mr Paul Jones Mrs Angela Hadfield Mrs Dorothy Cotterall Mrs Janet Christian Mrs Carol Hardman Mr Stephen Hopwood Mrs Eileen Kilner Mrs Dorothy Lee-Ogden Mrs Sue Dixon

1

Structure, governance and management

The members of the PCC are either ex-officio or, in accordance with the Church Representation Rules, elected at the Annual Parochial Church Meeting. In 2021 it was held on 23rd May.

For the purposes of all financial, accounting, legal and administrative purposes and transactions, the PCC is legally deemed to be, and acts as, a corporate body.

‘The Parochial Church Council (PCC) operates under the Parochial Church Councils (Powers) Measure 1956 and the Church Representation Rules and The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006) and a charity currently excepted from registration with the Charity Commission’. ‘The general functions of the PCC are stated within section 2 of the Parochial Church Councils (Powers) Measure 1956. When planning our objectives for the year, the PCC gave consideration to the Charity Commission’s guidance on public benefit and, in particular, the specific guidance to charities concerned with the advancement of religion’.

The PCC is the main governing body of the Church and operates with the assistance of a Standing Committee. There are no other official sub-committees of the PCC. Working parties are established to plan for a specific project such as Worship Committee. Other groups/committees work on a more continuous basis, for example, Protection for All, Rose Queen and Summer Fair and the Hall (maintenance and management) Committees. These may include members of the Church who are not on the PCC. The PCC sets the policies under which these groups and committees work. The recommendations of the Standing Committee and the working committees and groups are put before the PCC for approval and ratification. The PCC requires reports from each of the groups which are included in the Report on Activities, Groups and Organisations presented at the Annual Parochial Church Meeting.

Objectives and activities

It is the principal objective of the PCC to co-operate with the clergy of the North Meols Team Ministry in promoting, in the Parish of North Meols, the whole pastoral, evangelical, social and ecumenical mission of the Church. There are 3 clergy members in the North Meols Team: the Team Rector, Rev’d Rebecca Clarke, Rev’d Chris Gregory and Rev’d Stewart McTaggart.

Achievements and performance

On the 31st December 2021, there were 101 persons on the electoral roll.

The average attendances (16+) at the Church services on a Sunday over the last nine years are:

----- Start of picture text -----
2021 2020 2019 2018 2017 2016 2015 2014 2013
----- End of picture text -----

2021* 2020* 2019 2018 2017 2016 2015 2014 2013
8.30am 0 16 16 16 16 15 16 18 18
10.30am 57 52 72 69 59 61 69 75 70
6.30pm 0 15 25 29 22 26 25 24 24
Total 57 83 113 136 122 127 129 137 112

*2020 & 2021 were the years of the covid pandemic and Church was closed due to lockdowns

There is also a service of Holy Communion at 10.30am every Wednesday morning.

Baptisms

The figures given above do not include the families and friends who were welcomed at the monthly Services of Baptism, during which 10 baptisms took place in 2021 (3 in 2020). All the families demonstrated a connection with St Cuthbert’s and baptism was, therefore, agreed for pastoral reasons.

Confirmations

There were 0 confirmations in 2021 (0 in 2020).

Weddings

9 weddings took place during 2021 (2 in 2020). All the couples demonstrated a qualifying connection with St Cuthbert’s.

2

Funerals

15(9) funerals or memorial services were held in Church. There were 6(3) burials in the Churchyard and 31(16) interments of cremated remains. (The equivalent figures for 2020 are in brackets.) In addition, 10(14) funeral services were held in their entirety at the Crematorium.

Review of the year

The PCC met on 3 occasions in 2021 and also met via zoom on 2 occasions. The Standing Committee met between PCC meetings.

This report deals with the projects carried forward from 2020

Due to the coronavirus pandemic St Cuthbert’s Church was closed during the national lockdown and at other times during 2021 as advised. No ‘new’ services/projects were implemented during 2021.

The Churchyard

George Wilson was appointed Gardener in May 2014. He has looked after the graveyard during 2021 with the grass being cut on a regular basis.

Policies

Policies, such as Health and Safety, and particularly Protection for All, are kept under regular review.

Reports

Reports were received from the Deanery Synod, and the Deanery Pastoral Committee.

2022

During 2022, it is the intention of the Rector, PCC, with other members of the congregation, to:

n Re-establish St Cuthbert’s as a place of Christian witness and outreach, post the coronavirus pandemic

More information can be found in the report on Church Activities and Groups, published separately.

3

Financial review

In 2021 a large proportion of our income was received through tax efficient giving schemes; thus, collections of £39,227, an increase of £123 on 2020 were enhanced by £9,374 Gift Aid from HM Revenue & Customs. We also raised £7,255 from fundraising events and £9,325 from hall letting fees, in total £5,859 higher than 2020 but still lower than 2019 by £4,991 due to the ongoing coronavirus pandemic.

Overall in 2021 our total funds reduced by £50,301 being mainly due to the coronavirus pandemic and the fact that our running costs exceed our income. Therefore, we have to be mindful that we are relying heavily on our reserves and endeavour to make cost savings wherever possible.

Reserves Policy

The PCC aims to maintain general reserves at such a level that working capital is maintained at a level equivalent to approximately at least two months general fund expenditure.

4

St Cuthbert North Meols Independent Examiner’s Report to the PCC

I have conducted an independent examination of the financial statements of the Parochial Church Council of St Cuthbert, North Meols for the year ended 31st December 2021.

Respective responsibilities of Trustees and Examiner

As members of the PCC, you are responsible for the preparation of the financial statements. The PCC members consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to issue this report on those financial statements in accordance with the terms of the Regulations.

It is my responsibility to:

Basis of the Independent Examiner’s Report

My examination was carried out in accordance with 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 the PCC 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 statement below.

Independent Examiner’s Statement

In connection with my examination, no material matters have come to my attention which give me cause to believe that in, any material respect:

Mr R Corbett 40 New Lane Southport PR9 8LH

Signed: Dated:

5

St Cuthbert North Meols Balance Sheet as at 31st December 2021

2021 2020
Fixed assets
200: Church Hall 200,000 200,000
205: Depreciation (199,999) (199,999)
Total Fixed assets 1 1
Current assets
300: Stock of resaleable items 194 194
501: Skipton Community Saver - 500
505: CBF fxed interest securities 23,686 19,664
507: Churchyard bank account 491 1,694
508: Unilever plc shares 68,336 76,069
600: Bank current account 12,765 16,189
601: Bank capital reserve account 12,372 49,872
603: Cash in hand 104 132
604: Associated groups 1,265 398
606: CAF current account - 1,868
607: CAF Gold - 11
Z05: Accounts Receivable 6,119 3,536
Total Current assets 125,333 170,127
Liabilities
Accounts Payable 12,415 6,907
Total Liabilities 12,415 6,907
Net Asset surplus (defcit) 112,919 163,221
Reserves
Excess / (defcit) to date (41,013) (41,872)
Z01: Starting balances 163,221 203,944
Z02: Other gains/(losses) (9,288) 1,149
Total Reserves 112,919 163,221
Represented by Funds
Unrestricted 89,758 141,217
Designated 23,161 22,004
Total 112,919 163,221

Approved by the PCC at its meeting on 24 March 2022

There may be minor discrepancies in the totals if the pence are not being shown.

6

St Cuthbert North Meols Statement of Financial Activities for the period from 1st January 2021 to 31st December 2021

Income and endowments from:
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
Total income
Expenditure on:
Raising funds
Expenditure on charitable activities
Other expenditure
Total expenditure
Excess / (Defcit)
Gains / losses on investment assets
Net income/(expenditure)
resources before transfer
Transfers
Gross transfers between funds - in
Gross transfers between funds - out
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Unrestricted
Designated
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
funds
total funds
55,019
-
-
-
55,019
52,643
16,764
31,307
160
-
48,231
36,805
16,580
-
-
-
16,580
10,721
3,117
-
-
-
3,117
3,487
648
-
-
-
648
2,254
92,128
31,307
160
-
123,595
105,909
16,320
29,819
-
-
46,138
38,196
83,535
1,789
160
-
85,483
81,093
22,043
10,943
-
-
32,987
28,493
121,898
42,550
160
-
164,608
147,782
(29,770)
(11,243)

-
(41,013)
(41,873)
(9,288)
-
-
-
(9,288)
1,149
(39,058)
(11,244)
-
-
(50,301)
(40,723)
-
12,401
-
-
12,401
16,951
(12,401)
-
-
-
(12,401)
(16,951)
(51,459)
(1,157)
-
-
(50,301)
(40,723)
141,217
22,004
-
-
163,221
203,944
89,758
23,161
-
-
112,919
163,221

There may be minor discrepancies in the totals if the pence are not being shown.

7

St Cuthbert North Meols Notes to the Financial Statements Year ended 31st December 2021

n Accounting Policies

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective 1 January 2015, SORP(FRS102), as amended by Update Bulletin 1, effective 1 January 2016, and the Financial Reporting Standard applicable in the UK and Republic of Ireland, FRS 102, published September 2015.

The financial statements have been prepared under the Charities Act 2011 and the 2008 accounting and reporting regulations made thereunder, based on the current version of the Charities SORP (SORP(FRS102), as disclosed above.

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

n Volunteers Policy

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

n Incoming Resources

Voluntary income and capital sources

Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under gift aid is recognised only when received. Income tax recoverable on gift aid donations is recognised when the income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due is quantifiable and its ultimate receipt by the PCC is probable. Funds raised by the Christmas fair, Rose Queen and similar events are accounted for gross. Sales of books and magazines from the church bookstall are accounted for gross.

Other income

Rental income from the letting of church premises is recognised when the rental is due.

Income from investments

Dividends are accounted for when due and payable and interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognised in the same accounting year.

Gains and losses on investments

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

8

n Resources Expended

Grants

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

Activities directly relating to the work of the Church

The diocesan parish share is accounted for when paid. Any parish share 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.

n Fixed assets

Consecrated property and movable church furnishings

Consecrated and beneficed property of any kind is excluded from the accounts by s.10(2)(a) of the Charities Act 2011.

Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are accounted for as inalienable property unless consecrated. They are listed in the Church’s inventory which can be inspected (at any reasonable time). For inalienable property acquired prior to 2002) there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1 January 2003 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life (initially over 4 years) on a straight-line basis.

All expenditure incurred in the year on consecrated or beneficed buildings, individual items under £1,000 or on the repair of moveable church furnishings acquired before 1 January 2003 is written off.

Other fixtures, fittings and office equipment

Equipment used within the church premises is depreciated on a straight line basis over 4 years. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired.

n Investments

Investments are valued at market value at 31 December.

n Current assets

Stocks

Stock of resalable items is valued at sale price less 33.33%.

Debtors

Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove irrecoverable.

n Funds

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.

The accounts 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.

9

St Cuthbert North Meols Notes to the Financial Statements (continued) Year ended 31st December 2021

Income and endowments
Donations and legacies
001 - Collections
002 - Income tax refund Gif Aid
003 - Donations
019 - Legacies
Donations and legacies Totals
Income from charitable activities
007 - Church fees
008 - Sundry income
011 - Kitchen income
012 - Parish ofice income
013 - Churchyard income - fees
014 - Charitable collections & gifs
015 - Souvenir sales
017 - Flower income
020 - Associated groups - income
022 - Garden income
Income from charitable
activities Totals
Other trading activities
004 - Fundraising events
006 - Hall income - letting fees
Other trading activities Totals
Investments
005 - Income on investments
Investments Totals
Other income
016 - Grant income
Other income Totals
Income and endowments
Grand Totals
Total
Total
Unrestricted
Designated
Restricted
Endowment
This year
Last year
39,227
-
-
-
39,227
39,104
9,374
-
-
-
9,374
11,415
5,418
-
-
-
5,418
2,124
1,000
-
-
-
1,000
-
55,019
-
-
-
55,019
52,643
10,738
-
-
-
10,738
9,720
49
-
-
-
49
10
-
279
-
-
279
166
5,971
-
-
-
5,971
7,905
-
28,361
-
-
28,361
17,571
-
-
160
-
160
313
6
-
-
-
6
24
-
1,121
-
-
1,121
560
-
1,256
-
-
1,256
538
-
290
-
-
290
-
16,764
31,307
160
-
48,231
36,805
7,255
-
-
-
7,255
3,121
9,325
-
-
-
9,325
7,600
16,580
-
-
-
16,580
10,721
3,117
-
-
-
3,117
3,487
3,117
-
-
-
3,117
3,487
648
-
-
-
648
2,254
648
-
-
-
648
2,254
92,128
31,307
160
-
123,595
105,909

There may be minor discrepancies in the totals if the pence are not being shown.

10

St Cuthbert North Meols Notes to the Financial Statements (continued) Year ended 31st December 2021

Expenditure
Raising funds
107 - Upkeep of services
108 - Organist & choir
116 - Hall expenses
119 - Churchyard payments
127 - Fundraising costs
Raising funds Totals
Expenditure on charitable activities
101 - Parish Share
117 - Kitchen expenses
118 - Parish ofice expenses
121 - Gifs paid to charities
122 - Associated groups - expenses
128 - Flower expenses
129 - Garden expenses
Expenditure on charitable
activities Total
Other expenditure
102 - Rector’s expenses
103 - Rectory costs
109 - Organ & piano
110 - Church repairs & maintenance
111 - Insurance
112 - Gas, electricity & water
113 - Bank charges
120 - Repairs in churchyard
124 - Sundries
125 - Legal & professional
Other expenditure Totals
Expenditure Grand Totals
Total
Total
Unrestricted
Designated
Restricted
Endowment
This year
Last year
1,076
-
-
-
1,076
925
3,276
-
-
-
3,276
3,968
10,304
-
-
-
10,304
10,110
-
29,819
-
-
29,819
21,773
1,664
-
-
-
1,664
1,419
16,320
29,819
-
-
46,138
38,196
72,988
-
-
-
72,988
69,286
-
138
-
-
138
42
10,547
-
-
-
10,547
10,099
-
-
160
-
160
313
-
389
-
-
389
891
-
1,022
-
-
1,022
462
-
240
-
-
240
-
83,535
1,789
160
-
85,483
81,093
507
-
-
-
507
444
2,121
-
-
-
2,121
2,061
800
-
-
-
800
797
7,946
-
-
-
7,946
1,022
5,148
-
-
-
5,148
5,565
3,586
-
-
-
3,586
4,171
59
-
-
-
59
60
-
10,943
-
-
10,943
10,994
231
-
-
-
231
278
1,647
-
-
-
1,647
3,100
22,043
10,943
-
-
32,987
28,493
121,898
42,550
160
-
164,608
147,782

There may be minor discrepancies in the totals if the pence are not being shown.

11

St Cuthbert North Meols Notes to the Financial Statements (continued) Year ended 31st December 2021

Collections
Planned Giving:
Standing Orders
Parish Giving Scheme
Envelope Scheme
Loose Collections (incl Weddings, Baptisms etc)
Staf costs
Wages and salaries
Social security costs
Pension costs
2021
2020
£
£
11,649
11,248
18,524
16,811
6,342
8,055
2,712
2,990
39,227
39,104
21,808
20,838
0.00
0.00
0.00
0.00
21,808
20,838

The average number of employees during the year was 3 (2020 - 3) with all employee time involved in providing either support to the governance of the charity or support services to the charitable activities.

Trustee payment disclosures

No trustees received any payment, other than clergy. All reimbursements to trustees were for out-of-pocket expenses.

Short term investments

Short term investments
15,206 shares CBF fxed interest securities (2020 - 11,625 shares)
Historical cost 19,664 10,656
Additions 5,577 8,730
Total cost 25,241 19,386
Market value 23,686 19,664
Analysis of net assets by fund Unrestricted Restricted Total
funds funds
£ £ £
Fixed assets 1 - 1
Current assets 125,333 - 125,333
Current liabilities (12,415) - (12,415)
Fund balance 112,919 - 112,919
Summary statement of funds B/fwd Incoming Outgoing Transfers Gains & Fund Bal
Resources Resources Losses C/fwd
Unrestricted - General fund 141,217 92,128 121,898 (12,401) (9,288) 89,758
Designated - Kitchen general fund 8,000 279 9 - - 8,270
Designated - Kitchen maintenance fund 13,171 - 129 - - 13,042
Designated - Churchyard fund* - 28,361 40,762 12,401 - -
Designated - Funds of Associated Groups 398 1,256 389 - - 1,265
Designated - Flower fund 435 1,121 1,022 - - 534
Designated - Garden fund - 290 240 - - 50
Restricted - Charities fund - 160 160 - - -
Totals 163,221 123,595 164,608 - (9,288) 112,919

*Note: ‘Designated - Churchyard fund’ includes a transfer from ‘Unrestricted - General fund’ of £12,401 to bring the fund out of deficit.

There may be minor discrepancies in the totals if the pence are not being shown.

12