2021-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Tettenhall Wood

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

TRUSTEES ANNUAL REPORT FRSSE (SORP)

Notes and Guidance

This form is to give guidance on what to include in a Trustees Annual Report.
This is the information that we think we all know, but not everyone does.
A good Trustees Annual Report is a Mission and Communication tool which tells people everything about the Charity.
There is some standard wording which applies to all PCCs in Sections B and C which you may use.
Once you create your Trustees Annual Report most of the information can be simply updated year on year.
You may prefer to create your own Trustees Annual Report but all of these Sections need to be included in the Report.
If you do not wish to create your own Trustees Annual Report you may complete this form and attach it to a copy of your Annual Accounts and Financial Statements.

Section A Section B Section C Section D Section E Section F Section G	Reference and Administration Details
	Structure, governance and Management
	Objectives and Activities
	Achievements and Performances
	Financial Review
	Optional information
	Trustee Declaration

Page 1

Trustees' Annual Report for the period Period start date Period end date Day Month Year Day Month Year From 01 01 2021 To 31 12 2021

Section A Reference and administration details

Charity name PARISH OF TETTENHALL WOOD Other names charity is known by Christ Church Tettenhall Wood; Church of the Good Shepherd Castlecroft Registered charity number (if any) 1133853

Charity's principal address Parish Office, Christ Church ) Church Road, Tettenhall Wood Wolverhampton Postcode WV6 8NQ

(eg. Address of the church or church office)

Names of the charity trustees – Members of the PCC - who manage the charity

Trustee name	Office(if any)	Dates acted if not for wholeyear
Philip Wootton	Incumbent
Linda Vawer	Assistant Curate
David Hughes	Church Warden
Joan Collins	Church Warden
Jane Brough	Deputy Church Warden & Reader
Pam Humphrey	Assistant Warden
Sue Wilson	PCC Secretary
Joy Dipple	Reader
Caroline Seaton	Reader
Richard Humphrey	Assistant Treasurer
Stephanie Hemming	Treasurer
Russell Taylor		Resigned November 2021
Roger Dipple
Pat Hazenburg-Morris
Les Key
Jane Woolf
Lisa Williams
Chris Nickholds
Hazel Guy
Benjamin Hemming

Page 2

23 24 25 26 27 28	Gerald Lloyd
	Angela Williams
	Helen Bull

• Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document Parochial Church Council Powers Measure (1956) as amended, and Church (eg. trust deed, constitution) Representation Rules that came into effect on 2 January 1957.

How the charity is constituted Church Representation Rules 2 January 1957 (eg. trust, association, company)

Trustee selection methods

Elected (eg. appointed by, elected by)

Public Benefit Statement (Mandatory information)

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

The trustees of the Charity are aware of the Charity Commission’s guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of Tettenhall Wood, it helps to promote the whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by:

• Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers; and • Promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole.

Additional governance issues (Optional information)

Page 3

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them; (Put your Risk Assessment Policy here)

The parish is connected with a range of wider networks and organisations:

the Church of England Diocese of Lichfield
the Local Ecumenical Partnership of the Church At Perton, with which the Parish is part of the same Benefice and Team Ministry
other local churches, through the Church of England Deanery of Trysull and the ecumenical Covenanting Churches of Wolverhampton West
Christ Church C of E (C) Infants’ and Junior Schools
the Mothers’ Union
the National Childbirth Trust, in the provision of ‘Little Angels’ parent and baby group
the Church Mission Society
the Children’s Society
Christian Aid

Page 4

Section C Objectives and activities

The PCC is committed to enabling as many people as possible to worship at our churches and to become part of our parish community at Tettenhall Wood and Summary of the objects of the Castlecroft. The PCC maintains an overview of worship throughout the parish charity set out in its governing and makes suggestions on how our services can involve the many groups that document live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament

Additional details of objectives and activities (Optional information)

The PCC aims to support other charities - locally, nationally and overseas – both from general funds and through organising special collections. Care is taken that the aims of these charities are contiguous with the mission of the Church of England. Collections of food, bedding etc are made for local You may choose to include further organisations helping the homeless and needy. statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers;

Volunteers undertake major parts of the work of the church, ranging from the including leading worship, administration, caring for the fabric of the buildings, offering of pastoral care, planning and organising of social and fund-raising events, working with children in church and in school, and bearing the message of the church.

Section D Achievements and performance

Page 5

The combined Electoral Role stood at 186 at the annual meeting in April 2021. The Covid-19 pandemic meant that church buildings were closed for several months earlier in the year, and numbers attending worship restricted thereafter. Attendance statistics would therefore be meaningless. The figure for the ‘worshiping community’ was estimated as 221 (both churches, all ages). Throughout 2021, weekly services were provided to engage with at home, on paper and by email, and through home recordings. From May 2021, services in church have been streamed live on the parish website and through YouTube, and also recorded onto DVDs and home-delivered (for those without digital capacity). Pastoral care has been provided through a network of phone contacts, ensuring everyone had a regular call. Two baptisms and two marriages were conducted, and a total of 28 funerals were conducted through the ministry of the parish. The pandemic had also forced the closure of regular activities, like Place of Welcome, Dementia Support Group, Good Friends, Mothers Union and Christ Church Fellowship, but these were gradually resumed later in the year as restrictions eased. Social/fundraising events were not possible until late in the year, but then a well-supported joint Christmas Fair was held in November. With volunteers not allowed into schools, the Open the Book programme had to be curtailed, although the church provided recorded worship online to Christ Church schools. Outside hirers were not allowed in the halls for the first half of the year, leading to a drop in income for both churches. Buildings: The PCC has been vigilant in maintaining the fabric of both buildings. Summary of the main At Christ Church, repairs to the roof, identified in the Quinquennial Inspection, achievements of the charity have been carried out and proved to be a smaller job than had been feared. during the year Thanks to a grant from Ibstock-Enovert, and a generous bequest, new equipment has been installed to enable recording and live-streaming of services and events. In conjunction with this project, improvements have been made to lighting and internet connectivity, and a new AV desk made and installed. The equipment was used for showings of ‘The Chosen’, multiple episode life of Christ, as a means of discipleship and outreach, through the autumn of 2021 (and spring 2022) At Good Shepherd, no major building work has been carried out Overseas Mission: the link established in 2017 with the Church Mission Society and a mission partner in South Sudan has been maintained The PCC through the Mission And Discipleship group has continued working on implementing the 2017 Mission Action Plan where possible, with big improvements to the website (including portals for direct giving to the church, and for short periods, to charities we support) and the development of online worship. Christ Church has maintained its status as an ‘eco-church’ (bronze award). Both churches have offered recycling facilities (for items not recycled by the council) and frequent prompts about eco-awareness have been made through the notice sheet. A joint Christmas fair was held and the money proportionally split for both churches and for the year ahead more joint social events are planned.

Page 6

Section D Achievements and performance (contd.)

At Good Shepherd plans to upgrade the sound system and to install projection equipment are still in hand. The replacement of the chairs is also under consideration.

A new initiative for families, called ‘Criss-Cross’ is to be explored in the summer. This is to include worship, activities and food. Summary of the main objectives of the charity planned in the Both churches continue to work towards greater environmental sustainability following year A planned major event is the return of Saltmine theatre company for their production ‘The Liberator’ planned for September 2022

Section E Financial review

There are three main points to this policy: firstly we pay our Parish Share in full Brief statement of the charity’s and on time each month. Secondly, each year we give to Missions and Charities policy on reserves both locally and internationally. Thirdly, we aim to keep funds in reserve for ‘a rainy day’ amounting to approximately 3 months unrestricted expenditure. In 2021 this was equivalent to £33,267. The free reserves at 31 December 2021 were £137,616, comfortably in excess of this target. None Details of any funds materially in deficit Further financial review details (Optional information)

At Christ Church the accounts show a deficit of £10,298.85 You may choose to include additional information, where At Church of the Good Shepherd the accounts show a surplus of £ 1,061.79 relevant about: • the charity’s principal sources For the PCC overall this gives a deficit of £9,237.06 of funds (including any fundraising); • how expenditure has supported the key objectives of the charity;

Page 7

investment policy and objectives includin8 any ethical Investment policy adopted. Section F Other optional information Christ Church- legacy of £2,(NXI from M 8rown Christ Church Grant of £9,1)Xl CeIved from Ibstock Enovert for the AV project. Christ Church Donation of £4,0 from Edna Sedgley in memory of her husband David Sedgley also put towards the AV Project. Good Shepherd- Legacy of £l,ICrf) was ceiVed in memory of Lilian Bashford and £l.LKiI was received in memory of Ann Longstaff . A¢knowledge any larye Grants or donatlon In th1$ Sectlon. knowledgin8 a large Grnnt In your TAR may be a condition of acceptance Section G Declaration The trustees declare that they have approved the trustees, report al)o¥e. Slgned on behalf of the charftys trustees Slgnature(s) Full name{s) 1£ IP Ut)07 [ UQJ Posltion leg Secretary, Chair, etcl I nlcHIY6 xTrv i leg. Date of the APCMI ¥/04/2PL7 Page 8

Independent Examiner’s report to the trustees/members of The PCC of Tettenhall Wood Registered charity number: 1133853

I report on the accounts for the year ended 31[st] December 2021 which are set out on the following pages.

Respective responsibilities of the Trustees and Independent Examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility

to examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
to state whether particular matters have come to my attention.

Basis of Independent Examiner's Statement

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 charity 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 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 statement below.

Independent Examiner's Statement

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

accounting records were not kept in accordance with section 130 of the Charities Act or
the accounts do not accord with the with the accounting records
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: ………………………………………….. Jonathan Hill FCMA CGMA Lichfield Diocesan Board of Finance St Marys House, The Close, Lichfield. WS13 7LD

23/08/2022 Date: …………………………………

The Parochial Church Council of Tettenhall Wood Financial Statements for the Year Ended 31[st] December 2021

Accounting Policies

The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations' "true and fair view" provisions. They have also been prepared in accordance with the Charities SORP (FRS 102).

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. 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. There may be minor discrepancies in the totals as the pence are not being shown.

Cashflow Statement

The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a Cash flow statement on the grounds that the income does not exceed £500,000.

Going Concern

There are no material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern.

Accounting Estimates and Prior Year Errors

No changes to accounting estimates have occurred in the reporting period.

No material prior year errors have been identified in the reporting period.

Description of Funds

Unrestricted funds are income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its "free reserves" as disclosed in the trustees' annual report. Restricted funds comprise of two elements:

a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest

b) 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 each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. Endowment funds are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts.

Income

Planned giving, collections and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be measured with sufficient reliability. 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 the monetary value can be measured with sufficient reliability. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.

Expenditure

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.

Page 10

The Parochial Church Council of Tettenhall Wood Financial Statements for the Year Ended 31[st] December 2021

Governance and Support Costs

Support costs should be allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the PCC and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources eg by allocating staff costs by time spent and other costs by their usage.

Fixed Assets

Consecrated and benefice property is not included in the accounts by s.10(2)(a)&(C) 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 inalienable property, listed in the Church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements.

Investments

Investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at market value at the year end. Investments held for re-sale are treated as current asset investments.

Debtors

Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash expected to be received.

Creditors and Accruals

Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount required to settle the obligation at the reporting date.

Page 11

The PCC of Tettenhall Wood Financial statements for the year ended 31 December 2021

Statement of Financial Activities

	Unrestricted Designated Restricted Endowment Total Prior year funds funds funds funds funds total funds
Income and endowments from: Donations and legacies Income from charitable activities Other trading activities Investments Total income Expenditure on: Raising funds Expenditure on charitable activities Total expenditure Net income / (expenditure) resources before transfer Transfers Gross transfers between funds - in Gross transfers between funds - out Other recognised gains / losses Net movement in funds Total funds brought forward Total funds carried forward Represented by Unrestricted General fund Designated Heating Fund AV Project John Underwood Fund Received 2013 Organ Fund Peace Garden Transport Fund Restricted Choir Fund Donation for Educational Purposes (2011) Flower Festival Donations Flower Fund Interior Decoration Scheme Organ Fund Organ and Music Rector's Discretionary Fund Special Collections St Thomas Fund Requested by diocese to keep Vicars Discretionary Xpedition Club Formerly Lighthouse	93,226 13,000 302 — 106,529 110,817 11,617 750 — — 12,367 11,721 4,978 — — — 4,978 4,978 848 — — — 848 894
	110,671 13,750 302 — 124,723 128,411 235 — — — 235 233 132,834 560 329 — 133,725 125,434
	133,070 560 329 — 133,960 125,668
	(22,399) 13,189 (27) — (9,237) 2,742 — — 5 — 5 194 (5) — — — (5) (194)
	(22,404) 13,189 (22) — (9,237) 2,742
	147,020 7,255 28,493 — 182,769 180,026
	124,616 20,444 28,471 — 173,532 182,769 124,616 — — — 137,616 147,020 — --- 40 13,000 — --- — --- 40 13,000 — --- — 6,908 — — 6,908 6,908 — 180 — — 180 30 — 317 — — 317 317 — 0 — — 0 — — — 148 — 148 148 — — 5,000 — 5,000 5,000 — — 1,050 — 1,050 1,050 — — 117 — 117 87 — — 217 — 217 217 — — 2,057 — 2,057 2,057 — — 2,627 — 2,627 2,627 — — — — — 52 — — 61 — 61 61 — — 16,666 — 16,666 16,666 — — 52 — 52 52 — — 471 — 471 471

Page 12

The PCC of Tettenhall Wood Financial statements for the year ended 31 December 2021

Balance sheet

	Total funds Prior year funds
Current assets Debtors Cash at bank and in hand Liabilities Creditors: Amounts falling due in one year Net current assets less current liabilities Total assets less current liabilities Total net assets less liabilities Represented by Unrestricted General fund Designated CCLA Funds Heating Fund AV Project John Underwood Fund Received 2013 CC Legacy Fund 2016 Organ Fund Peace Garden Transport Fund Restricted Agency collection Special Collections Special Collections St Thomas Fund Requested by diocese to keep Vicars Discretionary Xpedition Club Formerly Lighthouse Choir Fund Donation for Educational Purposes (2011) Flower Festival Donations Flower Fund Interior Decoration Scheme Organ Fund Organ and Music Rector's Discretionary Fund Funds of the church	8,763 13,288 170,778 171,303
	179,541 184,591 6,009 1,822
	6,009 1,822
	173,532 182,769
	173,532 182,769
	173,532 182,769 124,616 147,020 — — 40 13,000 — --- 6,908 6,908 — — 180 30 317 317 0 — — — 61 61 — — 16,666 16,666 52 52 471 471 148 148 5,000 5,000 1,050 1,050 117 87 217 217 2,057 2,057 2,627 2,627 — 52
	173,532 182,769

24th April Approved by the Parochial Church Council on ………………. 2022 and signed on its behalf by:

Signature: ………………………………………

Name: …………………………………………... Reverend Phillip Wootton

The notes on the following pages form part of these accounts

Page 13

The PCC of Tettenhall Wood Financial statements for the year ended 31 December 2021

Statement of assets and liabilities

	General Designated Restricted Endowment This year Last year
Current assets - Cash at bank and in hand Bank Account - Bank current account - Cash in Safe - Bank deposit account - CCLA (CBF) deposit account - Interior Decorating Scheme - LDBF - Grffiths Deposit Account CCLA - Interior Decoration Scheme - Cash in hand - Totals Current assets - Debtors Receivable from GS (Reconciliation) - Wedding & Funeral Fees Receivable - Church Hall Lettings Receivable - Bible Study Notes Income Receivable - Gift Aid Recoverable - Utilities & Insurance Pre-Paid - Totals Liabilities - Agency accounts Agency collections - Totals Liabilities - Creditors: Amounts falling due in one year Special Collections To Be Distributed - Wedding & Funeral Fees Pre-paid - Church Hall Lettings Pre-Paid - Utilities & Insurance Payable - Salaries Payable to LDBF - Misc Accrued Expenses - Totals Grand total	20,162 14,073 2,589 — 36,826 48,823 — 7,225 810 — 8,035 8,005 25 — — — 25 25 63,495 — (1,455) — 62,039 51,690 15,877 — 27,164 — 43,041 43,019 3,375 — — — 3,375 3,063 17,016 — — — 17,016 16,258 954 — (736) — 217 217 100 — 100 — 200 200 121,007 21,299 28,471 — 170,778 171,303 5,184 (334) — — 4,849 — — — — — — 307 (6) — — — (6) — (32) — — — (32) — 2,952 — — — 2,952 11,983 999 — — — 999 997 9,097 (334) — — 8,763 13,288 0 — 0 — — — 0 — 0 — — — 650 — — — 650 — — — — — — 414 24 — — — 24 12 353 520 — — 873 1,256 1,190 — — — 1,190 140 3,271 — — — 3,271 — 5,489 520 — — 6,009 1,822 124,616 20,444 28,471 — 173,532 182,769

General Designated
Restricted Endowment
This year
Last year

Current assets - Cash at bank and in hand
Bank Account -
Bank current account -
Cash in Safe -
Bank deposit account -
CCLA (CBF) deposit account -
Interior Decorating Scheme - LDBF -
Grffiths Deposit Account CCLA -
Interior Decoration Scheme -
Cash in hand -
Totals
Current assets - Debtors
Receivable from GS (Reconciliation) -
Wedding & Funeral Fees Receivable -
Church Hall Lettings Receivable -
Bible Study Notes Income Receivable -
Gift Aid Recoverable -
Utilities & Insurance Pre-Paid -
Totals
Liabilities - Agency accounts
Agency collections -
Totals
Liabilities - Creditors: Amounts falling due in
one year
Special Collections To Be Distributed -
Wedding & Funeral Fees Pre-paid -
Church Hall Lettings Pre-Paid -
Utilities & Insurance Payable -
Salaries Payable to LDBF -
Misc Accrued Expenses -
Totals
Grand total

20,162
14,073
2,589
—
36,826
48,823
—
7,225
810
—
8,035
8,005
25
—
—
—
25
25
63,495
—
(1,455)
—
62,039
51,690
15,877
—
27,164
—
43,041
43,019
3,375
—
—
—
3,375
3,063
17,016
—
—
—
17,016
16,258
954
—
(736)
—
217
217
100
—
100
—
200
200

121,007
21,299
28,471
—
170,778
171,303
5,184
(334)
—
—
4,849
—
—
—
—
—
—
307
(6)
—
—
—
(6)
—
(32)
—
—
—
(32)
—
2,952
—
—
—
2,952
11,983
999
—
—
—
999
997

9,097
(334)
—
—
8,763
13,288
0
—
0
—
—
—

0
—
0
—
—
—
650
—
—
—
650
—
—
—
—
—
—
414
24
—
—
—
24
12
353
520
—
—
873
1,256
1,190
—
—
—
1,190
140
3,271
—
—
—
3,271
—

5,489
520
—
—
6,009
1,822

124,616
20,444
28,471
—
173,532
182,769

Summary of Assets by Fund - 2020

Unrestricted Funds £	Designated Funds £	Restricted Funds £	Endowment Funds £	Total £

				-
				-
148,840	7,256	28,496		184,592
(1,823)				(1,823)
147,018	7,256	28,496	-	182,769

Page 14

The Parochial Church Council of Tettenhall Wood Financial Statements for the Year Ended 31[st] December 2021

Fund movement by type - 2021

	Opening Incoming Outgoing Transfers Gains/losses Closing
AC - Agency collection Restricted Sub-total for AC AV Project - AV Designated Sub-total for AV Choir - Choir Fund Restricted Sub-total for Choir Education - Donation for Educati Restricted Sub-total for Education FFestival - Flower Festival Don Restricted Sub-total for FFestival Flower - Flower Fund Restricted Sub-total for Flower General - General fund Unrestricted Sub-total for General Heating - Heating Fund Designated Sub-total for Heating Interior - Interior Decoration Restricted Sub-total for Interior JUFund - John Underwood Fund Designated Sub-total for JUFund Legacy - CC Legacy Fund 2016 Designated Sub-total for Legacy Org - Organ Fund Designated Sub-total for Org Organ - Organ Fund Restricted Restricted Sub-total for Organ Peace - Peace Garden Designated Sub-total for Peace RDF - Rector's Discretiona Restricted Sub-total for RDF Special - Special Collections Restricted	— — — — — —
	— — — — — — — 13,000 — — — 13,000
	— 13,000 — — — 13,000 148 — — — — 148
	148 — — — — 148 5,000 — — — — 5,000
	5,000 — — — — 5,000 1,050 — — — — 1,050
	1,050 — — — — 1,050 87 100 70 — — 117
	87 100 70 — — 117 147,020 110,671 133,070 (5) — 124,616
	147,020 110,671 133,070 (5) — 124,616 — 400 360 — — 40
	— 400 360 — — 40 217 — — — — 217
	217 — — — — 217 6,908 — — — — 6,908
	6,908 — — — — 6,908 — — — — — —
	— — — — — — 30 150 — — — 180
	30 150 — — — 180 2,057 — — — — 2,057 2,627 — — — — 2,627
	4,684 — — — — 4,684 317 — — — — 317
	317 — — — — 317 52 — 57 5 — —
	52 — 57 5 — — 61 202 202 — — 61

Page 15

Sub-total for Special SpecialCol - Special Collections Restricted Sub-total for SpecialCol StThomas - St Thomas Fund Reque Restricted Sub-total for StThomas Transport - Transport Fund Designated Sub-total for Transport Vicars - Vicars Discretionary Restricted Sub-total for Vicars Xpedition - Xpedition Club Forme Restricted Sub-total for Xpedition Grand total	61 202 202 — — 61 — — — — — —
	— — — — — — 16,666 — — — — 16,666
	16,666 — — — — 16,666 — 200 200 — — 0
	— 200 200 — — 0 52 — — — — 52
	52 — — — — 52 471 — — — — 471
	471 — — — — 471
	182,769 124,723 133,960 — — 173,532

Page 16

Summary of Fund Movements - 2020	Summary of Fund Movements - 2020	Summary of Fund Movements - 2020

	Reserves at 1st Jan £	Incoming Resources £	Resources Expended £	Investment Gains/Losses £	Transfers £	Reserves at 31st Dec £

Unrestricted Fund	143,740	126,746	(123,527)	-	59	147,018
Designated Funds
HeatingFund	-	160	(160)	-		-
Organ Fund	-	30	-			30
Transport Fund	-	120	(19)		(101)	-
Peace Garden	317	-	-		-	317
John Underwood fund	6,908	-	-	-	-	6,909
	7,226	310	(179)	-	(101)	7,256
Restricted Funds
Agencycollection fund	-	-	-	-		-
Organ and music fund	3,195	-	(566)	-	-	2,630
Special collections fund	61	1,353	(1,353)	-		61
Rectors discretionaryfund	52	-	(41)	-	41	52
Donations for educational purposes	5,000	-	-	-	-	5,000
Organ fund	2,058	-	-	-	-	2,058
Choir fund	149	-	-	-	-	149
Vicars discretionary fund	53	-	-	-	-	53
Interior Decoration Scheme	218	-	-	-	-	218
Flower Festival donations	1,050	-	-	-	-	1,050
Flower fund	87	0	-	-		87
Xpedition Club	471	-	-	-	-	471
St Thomas fund	16,666	-	-	-	-	16,666
	29,061	1,354	(1,960)	-	41	28,496
Endowment Funds
						-
Total Funds	180,026	128,410	(125,666)	-	-	182,769

Analysis of Transfer between Funds

There was a £5 transfer between Rectors Discretionary fund and General Fund during the year.

Fund Descriptions

Designated Funds

John Underwood Fund - this is a legacy to be used for Good Shepherd by agreement with the Good Shepherd committee

Page 17

Peace garden fund – monies to be used for the upkeep of the peace garden Organ fund – for the maintenance and upkeep of the organ

Restricted funds

Agency collections is a restricted fund and is intended to be for funds that are not PCC funds

eg. Christian Aid Week collection which is forwarded to that charity.

Organ and music fund is a restricted fund which accumulates the "organ" fee from fees for weddings and

funerals and helps to pay for tuning and repair to the church organ. Rectors discretionary fund is a restricted fund from which the rector can grant payments to people in the

parish. It is primarily funded by an external charity.

Donations for educational purposes - money given to be used for educational purposes only.

Special collections - incoming and oputgoing monies collected for designated charities Organ fund - restricted income from original organ fundraising for repairs and updates.

Choir Fund - restricted money raised by the choir. To be used for choir purposes. Vicars discretionary fund - fund for the Vicar/Rector to grant payments to people in need in the parish

Interior Decoration fund - monies to be used for the internal decoration of the Vicar's house

Flower Festival donations - restricted money raised by a flower festival ready for the next flower festival

Flower fund - restricted money collected for flowers to be used within the church Xpedition Club - an old youth group fund to be used for work with young people St Thomas fund - share of the sale of the old chapel. Use by Good Shepherd to be agreed by the PCC

Page 18

The Parochial Church Council of Tettenhall Wood Financial Statements for the Year Ended 31[st] December 2021

Analysis of income and expenditure

Total Unrestricted Designated Restricted Endowment This year Last year INCOME AND ENDOWMENTS Donations and legacies Planned Giving (Standing Orders) Gift Ai 55,593 — — — 55,593 53,542 Planned Giving (Envelopes) Gift Aided 2,035 — — — 2,035 2,357 Planned giving (Envelopes) Gift Aided 2,739 — — — 2,739 2,789 Planned Giving (Standing Orders) Other 2,510 — — — 2,510 1,210 Planned Giving (Envelopes) Other 656 — — — 656 1,156 Yellow Gift Aid Envelopes 1,160 — — — 1,160 1,241 Plate Collections 3,657 — — — 3,657 3,863 Plate Collections (Card Machine) 815 — — — 815 1,136 Gifts and Donations 1,375 4,000 — — 5,375 2,951 Gifts and Donations (Online Giving) 2,038 — — — 2,038 1,115 Special Collections — — 202 — 202 1,053 Tax recoverable on Gift Aid 3,714 — — — 3,714 4,452 Tax Recoverable on Gift Aid 12,677 — — — 12,677 11,946 Gift Aid Previous Financial year — — — — — 14,003 Sundry Receipts 5 — — — 5 — Legacies Receipts 2,000 — — — 2,000 — Legacy Receipts 2,000 — 100 — 2,100 — Non-recurring one-off grants 250 9,000 --- — 9,250 8,000 Total 93,226 13,000 302 — 106,529 110,817 Income from charitable activities Decorating Scheme introduced Fees Weddings & Funerals --- 2,798 --- 750 --- — --- --- 3,548 2,751 1,783 Fees for Weddings and Funerals (Arrears) — — — — — 410 Bible Study Notes 203 — — — 203 207 Course Materials Receipts 45 — — — 45 — Church hall lettings 8,554 — — — 8,554 6,471 Church Hall Lettings (Arrears) — — — — — 98 Candle Money 16 — — — 16 — Total 11,617 750 — — 12,367 11,721 Other trading activities Fundraising 574 — — — 574 1,396 Fund Raising 1,192 — — — 1,192 1,198 Church Hall Lettings (Jubilee Rooms) 3,212 — — — 3,212 2,384 Total 4,978 — — — 4,978 4,978 Investments Interior Decorating Scheme Bonuses 62 — — — 62 62 Bank and CCLA Interest 785 — — — 785 1,011 Bank Interest (Arrears) — — — — — (179) Total 848 — — — 848 894	Total Unrestricted Designated Restricted Endowment This year Last year INCOME AND ENDOWMENTS Donations and legacies Planned Giving (Standing Orders) Gift Ai 55,593 — — — 55,593 53,542 Planned Giving (Envelopes) Gift Aided 2,035 — — — 2,035 2,357 Planned giving (Envelopes) Gift Aided 2,739 — — — 2,739 2,789 Planned Giving (Standing Orders) Other 2,510 — — — 2,510 1,210 Planned Giving (Envelopes) Other 656 — — — 656 1,156 Yellow Gift Aid Envelopes 1,160 — — — 1,160 1,241 Plate Collections 3,657 — — — 3,657 3,863 Plate Collections (Card Machine) 815 — — — 815 1,136 Gifts and Donations 1,375 4,000 — — 5,375 2,951 Gifts and Donations (Online Giving) 2,038 — — — 2,038 1,115 Special Collections — — 202 — 202 1,053 Tax recoverable on Gift Aid 3,714 — — — 3,714 4,452 Tax Recoverable on Gift Aid 12,677 — — — 12,677 11,946 Gift Aid Previous Financial year — — — — — 14,003 Sundry Receipts 5 — — — 5 — Legacies Receipts 2,000 — — — 2,000 — Legacy Receipts 2,000 — 100 — 2,100 — Non-recurring one-off grants 250 9,000 --- — 9,250 8,000 Total 93,226 13,000 302 — 106,529 110,817 Income from charitable activities Decorating Scheme introduced Fees Weddings & Funerals --- 2,798 --- 750 --- — --- --- 3,548 2,751 1,783 Fees for Weddings and Funerals (Arrears) — — — — — 410 Bible Study Notes 203 — — — 203 207 Course Materials Receipts 45 — — — 45 — Church hall lettings 8,554 — — — 8,554 6,471 Church Hall Lettings (Arrears) — — — — — 98 Candle Money 16 — — — 16 — Total 11,617 750 — — 12,367 11,721 Other trading activities Fundraising 574 — — — 574 1,396 Fund Raising 1,192 — — — 1,192 1,198 Church Hall Lettings (Jubilee Rooms) 3,212 — — — 3,212 2,384 Total 4,978 — — — 4,978 4,978 Investments Interior Decorating Scheme Bonuses 62 — — — 62 62 Bank and CCLA Interest 785 — — — 785 1,011 Bank Interest (Arrears) — — — — — (179) Total 848 — — — 848 894
	93,226 13,000 302 — 106,529 110,817 --- 2,798 --- 750 --- — --- --- 3,548 2,751 1,783 — — — — — 410 203 — — — 203 207 45 — — — 45 — 8,554 — — — 8,554 6,471 — — — — — 98 16 — — — 16 —
	11,617 750 — — 12,367 11,721 574 — — — 574 1,396 1,192 — — — 1,192 1,198 3,212 — — — 3,212 2,384
	4,978 — — — 4,978 4,978 62 — — — 62 62 785 — — — 785 1,011 — — — — — (179)
	848 — — — 848 894
INCOME TOTAL	110,669 13,750 302 — 124,723 128,411

Page 19

The Parochial Church Council of Tettenhall Wood Financial Statements for the Year Ended 31[st] December 2021

EXPENDITURE

Raising funds
Costs of Fundraising	1	—	—	—	1	2
Costs of fetes & other events	98	—	—	—	98	94
Costs of Giving (Online, Card,	39	—	—	—	39	39
Envelopes
Costs of Giving	97	—	—	—	97	97
(Online,Card&Envelope)
Total	235	—	—	—	235	233
Expenditure on charitable activities
Charitable Giving	7,050	—	—	—	7,050	6,500
Special Collections	—	—	202	—	202	1,052
Rectors Discretionary Fund (CC	22	—	—	—	22	55
Only)
Rector's Discretionary Fund	(3)	—	57	—	53	128
Parish Share	75,303	—	—	—	75,303	76,658
Salary of Parish Administrator	1,928	—	—	—	1,928	1,638
Salary (Parish Administrator)	4,770	—	—	—	4,770	4,407
Organist for Worship Services	270	—	—	—	270	360
Organists for Sunday Services	480	—	—	—	480	420
Organist for Worship Services	—	—	—	—	—	180
(Arrears)
Cleaner	876	—	—	—	876	982
Salary (Cleaner)	3,471	—	—	—	3,471	2,806
Hall Hire Administrator	1,504	—	—	—	1,504	246
Ministry Travel Rector and Lay	158	—	—	—	158	76
Minister
Ministry Travel	410	200	—	—	611	428
Lay Ministers Expenses	151	—	—	—	151	130
Ministry Travel (Arrears)	—	—	—	—	—	35
Ministry Telephone & Broadband	239	—	—	—	239	274
Ministry Telephone/Broadband	667	—	—	—	667	617
Ministry Telephone/Broadband	—	—	—	—	—	21
(Arrears)
Other Ministry Expenses	169	—	—	—	169	—
Mission, Evangelism & Outreach	202	—	—	—	202	214
Church running - insurance	962	—	—	—	962	918
Church Insurance	3,205	—	—	—	3,205	2,203
Church office - telephone	106	—	—	—	106	148
Church Office - Telephone &	229	—	—	—	229	347
Broadband
Organ & Piano Tuning	246	—	—	—	246	565
Church maintenance	1,700	—	—	—	1,700	1,496
Church Repairs & Maintenance	3,173	—	—	—	3,173	579
Church Repairs & Maintenance	—	—	—	—	—	180
(Arrears)
House Keeping Sundries	724	—	—	—	724	544
CCLI Church Licences	314	—	—	—	314	442
CCLI Licence	367	—	—	—	367	358
Hospitality	121	—	—	—	121	99
Sanctuary Supplies	117	—	—	—	117	110
Costs of Worship Services	879	—	—	—	879	839
Costs of Worship Services (Arrears)	—	—	—	—	—	5
Junior Church & Youth Education	189	—	—	—	189	146
Resources	109	—	—	—	109	43
Resource Material	279	—	—	—	279	42

Page 20

Evangelism & Outreach Printing/Postage/Stationery Printing, Postage & Stationery Printing, Postage & Stationery (Arrears) Covid Costs COVID costs Office Equipment Professional Fees Church running - electric Church Utility Bills - Electricity Church Utility Bills - Electricity (Arr) Church running - gas Church Utility Bills - Gas Church Utility Bills - Gas Arrears Church Utility Bills - Water Church running - water Old Professional Fees Bible Study Notes Church Major Repairs - Structure Church Major Repairs - Installation Path Costs Total	71 — 70 — 141 66 301 — — — 301 395 649 — — — 649 632 — — — — — 237 216 — — — 216 300 418 — — — 418 551 245 — — — 245 2,677 450 — — — 450 237 302 — — — 302 785 1,051 — — — 1,051 1,075 — — — — — 447 635 — — — 635 2,869 3,448 360 — — 3,808 3,588 — — — — — 1,429 106 — — — 106 99 106 — — — 106 99 — — — — — 237 191 — — — 191 184 1,440 — — — 1,440 — 12,801 — — — 12,801 — — — — — — 3,209
	132,834 560 329 — 133,725 125,434
EXPENDITURE TOTAL	133,070 560 329 — 133,960 125,668

GRAND TOTAL	(9,398) 189 (27) — (9,237) (8)

Page 21

The Parochial Church Council of Tettenhall Wood Financial Statements for the Year Ended 31[st] December 2021

Allocation of Support Costs

Support costs comprise Trustee Training and Governance Costs etc. Due to the nature of the financial activities of the PCC, these would be allocated across Charitable Expenditure which comprises the majority of its expenditure and as such are automatically charged there.

Staff Costs

	2021	2020

Wages & Salaries	£ 13,299	£ 11,039

Average number of employees	3	3

During the year the PCC employed a Parish Administrator, Cleaner, and Hall Hire Administrator and no payments were large enough to attract social security costs.

There were no employee benefits to key management personnel in the previous or current year.

Trustees’ Remuneration & Expenses

No payments or expenses were paid during the year.

Related Parties

1 trustee was paid £158 (2020 £76) for travel during the year.

Fees for the examination of the accounts

	2021 £	2020 £

Independent Examiner’s fees	300	300

Other fees (eg accountancy services) paid to the Independent Examiner	0	0

Page 22

Current Assets

a. Debtors

	2021 £	2020 £

Gift aid recoverable	7,801	11,983
Prepayments and accrued income	962	1,305
Other debtors

Total	8,763	13,288

Liabilities

a. Amounts falling due within one year

	2021 £	2020 £

Accruals & deferred income	6,009	1,822
Diocesanparish share
Other creditors

Total	6,009	1,822

Page 23

Tettenhall Wood Christ Church

Statement of Financial Activities for the year ended 31 December 2021

	Unrestricted Designated Restricted Endowment Total Prior year funds funds funds funds funds total funds
Income and endowments from: Donations and legacies Income from charitable activities Other trading activities Investments Total income Expenditure on: Raising funds Expenditure on charitable activities Total expenditure Net income / (expenditure) resources before transfer Transfers Gross transfers between funds - in Gross transfers between funds - out Other recognised gains / losses Net movement in funds Total funds brought forward Total funds carried forward Represented by Unrestricted General fund Designated Heating Fund Organ Fund Transport Fund Restricted Organ and Music Rector's Discretionary Fund	79,865 — — — 79,865 81,786 2,364 750 — — 3,114 4,714 3,786 — — — 3,786 3,780 65 — — — 65 (105)
	86,081 750 — — 86,831 90,175 98 — — — 98 99 96,414 560 57 — 97,032 82,346
	96,512 560 57 — 97,130 82,446
	(10,430) 189 (57) — (10,298) 7,728 — — 5 — 5 194 (5) — — — (5) (194)
	(10,435) 189 (52) — (10,298) 7,728
	95,890 30 2,679 — 98,600 90,871
	85,454 219 2,627 — 88,301 98,600 85,454 — — — 85,454 95,890 — 40 — — 40 — — 180 — — 180 30 — 0 — — 0 — — — 2,627 — 2,627 2,627 — — — — — 52

Page 24

Tettenhall Wood Good Shepherd

Statement of Financial Activities for the year ended 31 December 2021

	Unrestricted Designated Restricted Endowment Total Prior year funds funds funds funds funds total funds
Income and endowments from: Donations and legacies Income from charitable activities Other trading activities Investments Total income Expenditure on: Raising funds Expenditure on charitable activities Total expenditure Net income / (expenditure) resources before transfer Other recognised gains / losses Net movement in funds Total funds brought forward Total funds carried forward Represented by Unrestricted General fund Designated John Underwood Fund Received 2013 Peace Garden Restricted Choir Fund Donation for Educational Purposes (2011) Flower Festival Donations Flower Fund Interior Decoration Scheme Organ Fund Special Collections St Thomas Fund Requested by diocese to keep Vicars Discretionary Xpedition Club Formerly Lighthouse	26,361 — 302 — 26,663 29,031 9,253 — — — 9,253 7,006 1,192 — — — 1,192 1,198 782 — — — 782 1,000
	37,589 — 302 — 37,892 38,236 137 — — — 137 134 36,420 — 272 — 36,693 43,087
	36,558 — 272 — 36,830 43,222
	1,031 — 29 — 1,061 (4,986)
	1,031 — 29 — 1,061 (4,986)
	51,129 7,225 25,813 — 84,168 89,154
	52,161 7,225 25,843 — 85,230 84,168 52,161 — — — 52,161 51,129 — 6,908 — — 6,908 6,908 — 317 — — 317 317 — — 148 — 148 148 — — 5,000 — 5,000 5,000 — — 1,050 — 1,050 1,050 — — 117 — 117 87 — — 217 — 217 217 — — 2,057 — 2,057 2,057 — — 61 — 61 61 — — 16,666 — 16,666 16,666 — — 52 — 52 52 — — 471 — 471 471

Page 25

Statement of Financial Activities 2020	Statement of Financial Activities 2020


		Unrestricted Funds £	Designated Funds £	Restricted Funds £	Endowment Funds £	Total Funds 2020 £	Total Funds 2019 £
Incoming Resources							see note 12 for full comparatives*
Income and endowments from:
VoluntaryIncome	2a	109,526	-	1,353	-	110,879	90,973
Activities for GeneratingFunds	2b	2,594	-	-	-	2,594	10,463
Income from Investments	2c	832	-	-	-	832	1,223
Church Activities	2d	11,044	310	-	-	11,354	29,734
Other	2e	2,751	-	-	-	2,751	4,293

Total		126,746	310	1,353	-	128,409	136,686
Resources Expended
Expenditure on:
RaisingFunds	3a	233	-	-	-	233	3,415
Church Activities	3b	123,293	179	1,960	-	125,433	123,313
Other	3c	-	-	-	-	-	9,624

Total		123,527	179	1,960	-	125,666	136,352

Net Income/(Expenditure) before investment		3,220	131	(607)	-	2,743	334
Net gain/(losses) on investments	7(b) & 8(a)	-	-	-	-	-	-

Net Income/(Expenditure)		3,220	131	(607)	-	2,743	334

Transfer between Funds	6	59	(101)	41	-	-	-

Net Movement in Funds		3,279	30	(566)	-	2,743	334

Total Funds brought forward	11	143,740	7,226	29,061	-	180,026	179,692

Total Funds carried forward		147,020	7,255	28,493	-	182,769	180,026

Page 26