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2020-12-31-accounts

PAROCHIAL CHURCH COUNCIL OF ST. CHAD. LICHFILED- ANI St Chad's Road LichfEld S12ffDrdshire WS 13 7NI Adrrinistrative Inforrn3ti0n. St Chad's Church is situated in 5t Chad's Road. LichfEld. It is part of the Dioce the Church of England. The correswndence address is The Parish 0￿e. 4 Lichfield. Stafftjrdshire WS13 7LD The Parochial Church Council IPCC) during the period covered by these acc registered with the C harity CorTrrission. C harity No. 1134015 PCC rrEffthrs who have seNed from 1st J anuary 2020 until the date this report Incumbent Curate The Reverend Rod Clark The Reverend S itrL)n Foster lfrom 27tt1 J I Churchwardens.. J im Dodsworth (ex oftio) Stephen Wilkinson (ex offrio until 12th 0, Caroline Fellows (ex offrio from 12th Oct Deanery Synod Representatives: Synod Lilas Rawling Colin Revitt IElnurst) J e￿n￿ Duncan Brown (until 12th Octobe Georgina Boyns (until 12th October 2020 William Taylor (from 121h October 20201 J ohn Wilson Synod Treasurer Celia Richardson Elected Mentrrs: Secretary Kate Bowers (from 12th Ortober 2020) Kate Cotton Paul Fellows Bill Gillett luntil October 2020) Chair Sue Gillett Roger Keay (from 12th October 2020) Mim Morris (until 121h October 2020) Secretsry Pam Oakley (Elrrthurso Megan Siner Sian Siner J ulie Srrith Matthew Webb (from 121h OcLober 20201 Wardens TirYvJthy Webb lfrom 12th October 20201 Wardens Mary Wilson Wardens Churches Together: pcc Lilas Rawling J ulie S￿th Bankers. Lloyds plc. 22 Conduit StreeL Lichfield. V

NUAL REPORT 2020 se of LichfEld wrthin .2 St Chad's Road. ounts was a charity pas approved are: une 2020) ctober 2020) Dber 2020) Diocesan r 2020) General pcc C(FLay pcc Assistant to Assistant to Assisl2ntto Lay Chair of VS13 6J S

FINANCIAL STATEMENTS YEAR ENDED 31ST DECEMBER 202

FOR

ST. CHADS CHURCH LICHFIELD

Charity Number 1134015

ST CHADS CHURCH LICHFIELD

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DEC

RECEIPTS AND PAYMENTS ACCOUNT

Unrestricted
Funds
Note
RECEIPTS
Donations and Legacies
3a
85,294
Charitable Activities
3b
13,265
Other Trading Activities
3c
4,389
Investments
3d
1
Other Incoming Resources
3e
290
TOTAL RECEIPTS
103,239
PAYMENTS
Costs of Generating Funds
4a
Charitable Activities
4b
111,182
TOTAL PAYMENTS
111,182
EXCESS OF PAYMENTS OVER RECIEP
(7,944)
Transfers between funds
6
(0)
At 1st January 2020
21,256
At 31st December 2020
3,950
Cash at bank and in hand-
Unrestricted
Funds
Note
RECEIPTS
Donations and Legacies
3a
85,294
Charitable Activities
3b
13,265
Other Trading Activities
3c
4,389
Investments
3d
1
Other Incoming Resources
3e
290
TOTAL RECEIPTS
103,239
PAYMENTS
Costs of Generating Funds
4a
Charitable Activities
4b
111,182
TOTAL PAYMENTS
111,182
EXCESS OF PAYMENTS OVER RECIEP
(7,944)
Transfers between funds
6
(0)
At 1st January 2020
21,256
At 31st December 2020
3,950
Cash at bank and in hand-
Designated
Funds
2,880
1,572
4,452
4,466
4,466
(13)
0
10,658
20,007
Restricted
Funds
1,821
4,300
76
Restricted
Funds
1,821
4,300
76
6,197
7,077
7,077
(880)
0
16,333
Transfers between funds
6
At 1st January 2020
At 31st December 2020
Cash at bank and in hand-
15,452

ST CHADS LICHFIELD

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECE

STATEMENT OF ASSETS AND LIABILITIES

Note
Cash at bank and in hand
CBF Deposit account
Savings Account
Current Accounts
Cash
Investment
5a
CCLA Global Equity Income Fund
Tangible Assets
5b
Church Hall
Other monetary assets
Amounts owed to the Church
Gift Aid
St Chad
Elmhurst
Others
LIABILITIES
Amounts owed by the Church
Parish Share
Charitable donations
Trade creditors
St Chad
Elmhurst
Unrestricted
Funds
£
244
23,695
18
23,957
58,007
490,969
3,658
199
0
2,907
1,256
119
Restricted
Funds
£
10,700
4,727
25
15,452
168

The notes on pages to form part of the financial statements

Approved by the Parochial Church Council on 5th May 2021 and signed on their behalf

The Reverend Rod Clark - Incumbent

Mrs Celia Richardson - Treasurer

2

ST CHADS CHURCH LICHFIELD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST

1. Accounting Basis

There has been no change in the accounting basis of the charity during the yea

The financial statements of the Parochial council of St Chad Lichfield have been Receipts and Payment Basis.

2. Fund Accounting

The PCC maintains the level of resources required to fulfil its objectives. The P monitor reserves at regular meetings.

Unrestricted Fund

The Unrestricted Fund represents funds arisings from the charities activities in p funds are spent on the PCC 's general purpose at the discretion of the PCC mem On occasions the PCC members may specify that amounts of these funds are to for use for specific purpose.

Restricted Funds

These are funds that can only be used for particular specific restricted purpose The restrictions have either been specified by the donor or when the funds hav first instance.

ST CHADS CHURCH LICHFIELD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31S

3.
3a
3b
Donations, Legacies and Similar Income
Unrestricted
Funds
£
Voluntary income/Receipts
Tax Efcient Planned Giving
52,394
Other Planned Giving
4,981
Collections at services
2,777
Other Tax Efcient Giving
4,005
Gift Aid/Tax Recovered
15,249
Donations
2,843
Fabric and Churchyard Fund
Legacies Received
Grants
Job Retention Scheme
3,045
85,294
Charitable Activities
Church Activities
Statutory Fees (retained by PCC)
10,831
Fundraising Activities
Burns Night
544
Quiz Night
430
Arts and Crafts
262
Ride and Stride
150
Walk the Pool
331
Quiz
13
Painting
520
Face Masks
50
Jams and Gift Boxes
80
Christmas Cards
54
Plant Fair
Gin Appreciation
Garden Party
Tea Tasting
Whisky Tasting
Christmas Fair
Christmas Quiz
Christmas Wreaths
Donations, Legacies and Similar Income
Unrestricted
Funds
£
Voluntary income/Receipts
Tax Efcient Planned Giving
52,394
Other Planned Giving
4,981
Collections at services
2,777
Other Tax Efcient Giving
4,005
Gift Aid/Tax Recovered
15,249
Donations
2,843
Fabric and Churchyard Fund
Legacies Received
Grants
Job Retention Scheme
3,045
85,294
Charitable Activities
Church Activities
Statutory Fees (retained by PCC)
10,831
Fundraising Activities
Burns Night
544
Quiz Night
430
Arts and Crafts
262
Ride and Stride
150
Walk the Pool
331
Quiz
13
Painting
520
Face Masks
50
Jams and Gift Boxes
80
Christmas Cards
54
Plant Fair
Gin Appreciation
Garden Party
Tea Tasting
Whisky Tasting
Christmas Fair
Christmas Quiz
Christmas Wreaths
Designated
Funds
£
2,880
2,880
Restricted
Funds
£
525
251
15,549
300
Restricted
Funds
£
525
251
15,549
300

Voluntary income/Receipts
Tax Efcient Planned Giving
Other Planned Giving
Collections at services
Other Tax Efcient Giving
Gift Aid/Tax Recovered
Donations
Fabric and Churchyard Fund
Legacies Received
Grants
Job Retention Scheme
Charitable Activities
Church Activities
Statutory Fees (retained by PCC)
Fundraising Activities
Burns Night
Quiz Night
Arts and Crafts
Ride and Stride
Walk the Pool
Quiz
Painting
Face Masks
Jams and Gift Boxes
Christmas Cards
Plant Fair
Gin Appreciation
Garden Party
Tea Tasting
Whisky Tasting
Christmas Fair
Christmas Quiz
Christmas Wreaths
16,625

Elmhurst Spring Fair Harvest Sale 13.265

ST CHADS CHURCH LICHFIELD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST D

3c
3d
3e
Other Trading Activities
Church Hall
Wells Cottage
Parish Magazine
Elmhurst Mission Cottage
Places of Welcome Guests
Curborough Community Recycling
Book Stall
Easter Crosses
Refreshments
Investments
Dividends
Interest
Other Income
Administration
Sale of Property
Memorial Book
Sundry
Total
Unrestricted
Funds
£
3,849
190
19
60
191
80
4,389
1
1
£
290
290
103,238
Designated
Funds
£
0
1,571
1
1,572
£
0
4,452
Restricted
Funds
£
4,300
Restricted
Funds
£
4,300
4,300
76
76
£
0
21,001

ST CHADS LICHFIELD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31S

4.
4a
4b
Unrestricted
EXPENDITURE ON
Funds
Raising Funds
£
Fund Raising Costs
0
0
Charitable Activities
Church Activities
Mission Giving and Donations
2,794
Diocesan Parish Share
59,870
Clergy Expenses
363
63,026
Church Expenses
Sunday School/Youth Work
Utility Bills
6,651
Insurance
3,150
Major repairs to Church
Routine Maintenance
2,836
Churchyard Maintenance
Upkeep of Services
320
Organ/Music
7,406
Choir
692
Well Cottage
1,743
Elmhurst
Costs of trading - Church Hall
Cleaning
3,020
Utility Bills
2,289
Routine Maintenance
830
Insurance
933
29,870
Church management and administration
Independent Examiner
840
Training
Wages & Expenses
12,726
Telephone & Web
2,050
Printing/Equipment
844
Christmas Cards
Say one for me
Stationery & Ofce
1,826
18,286
Designated
Funds
£
0
0
0
86
4,380
4,466
0
Restricted
Funds
£
0
Restricted
Funds
£
0
0
512
3,000
3,512
1,232
843
446
2,521
1,044
1,044
Other
Sundry
Totals
0
111,182
0
0
4,466
0
0
7,077

6

ST CHADS CHURCH LICHFIELD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31S

5. Assets

5a INVESTMENT
At 1st January 2020
Additions
Disposals
Revaluations
Value at 31st December 2020
48,730
9,277
58,007

5b TANGIBLE FIXED ASSETS

Freehold building Church Hall - buildings and contents

At 1st January 2020
Additions
Disposals
Revaluation
Value at 31st December 2020
490,969
0
490,969

6. Summary of Fund Movements

Restricted Funds
a)
Elmhurst
b)
Charity Collections
Unrestricted Funds
General Fund
Designated Funds
Fabric and Churchyard Fund
Mission and Ministry Fund
At 1st Jan
2020
£
16,333
16,333
£
551,767
10,485
9,362
571,614
Incoming
Resources
£
5684
512
6196
£
103,239
0
0
103,239
Resources
Expended
£
(6,565)
(512)
(7,077)
£
(111,182)
(0)
0
(111,182)

CEMBER 2020

Total
2020
89,995
13,265
8,689
1,649
290
113,888
0
122,725
122,725
(8,838)
0
48,247
39,409
Total
2019
85,782
23,974
22,603
1,717
750
134,826
0
144,140
144,140
(9,314)
0
57,561
48,247

MBER 2020

Total
2020
£
244
10,700
28,422
43
39,409
58,007
490,969
3,658
168
199
0
2,907
1,256
119
Total
2019
£
244
10,624
37,348
31
48,247
48,730
490,969
4,267
300
984
0
5,506

f

DECEMBER 2020

ar.

n prepared on a

PCC Members

previous years. The mbers.

o be designated

es.

e been created in the

ST DECEMBER 2020

Total
2020
£
52,919
5,232
18,326
4,005
15,549
2,843
2,880
0
3,045
104,799
10,831
544
430
262
150
331
13
520
50
80
54
0
0
0
0
0
0
0
0
Total
2019
£
44,627
4,834
9,410
3,084
19,443
1,754
2,630
0
0
85,782
18,104
0
0
0
0
0
0
0
0
64
0
769
374
1614
232
538
1548
31
165

285 250 13,265 23.974

DECEMBER 2020

Total
2020
£
3,849
190
19
4,300
60
0
191
0
80
8,689
1,571
78
1,649
£
0
290
0
290
128,691
Total
2019
£
15,907
10
1,007
4,325
105
314
228
44
663
22,603
1,553
164
1,717
£
269
460
21
750
134,826

ST DECEMBER 2019

Total
2020
£
0
0
3,306
62,870
363
66,539
0
7,883
3,993
86
2,836
4,380
320
7,406
692
1,743
446
3,020
2,289
830
933
36,857
840
0
13,770
2,050
844
0
0
1,826
19,330
Total
2019
£
0
0
1,836
84,355
730
86,921
325
6,904
3,632
1,520
1,187
4,828
777
8,884
982
362
556
3,244
2,040
1,716
933
37,890
840
0
11,904
1,798
2,119
300
309
1,917
19,187

142 142 122,725 144.140

ST DECEMBER 2020

Transfers
At
Revaluations
£
0
0
0
£
0
9,277
0
9,277
31st Dec
2020
£
15,452
0
15,452
543,824
19,762
9,362
572,948