Charity No 1134021
Page 1
ST MARY’S CHURCH ARNOLD NOTTINGHAMSHIRE
ANNUAL REPORT IN RESPECT OF THE PAROCHIAL CHURCH COUNCIL
FOR THE FINANCIAL YEAR ENDED 31[ST] DECEMBER 2020
Incumbent Rev Margaret Caunt
The Vicarage, Church Lane, Arnold, Nottingham
Bankers HSBC Bank plc 104 Front Street Arnold Nottingham
Independent Examiner Mr G J Thomas 137 Gedling Road Arnold Nottingham
The St Mary’s Parochial Church Council (PCC) has the responsibility of co-operating
with the Vicar in promoting in the ecclesiastical parish the whole mission of the
Church of England, pastoral, evangelistic, social and ecumenical. The primary
object is the promotion of the Gospel of our Lord Jesus Christ according to the
doctrines and practices of the Church of England. The parish of Arnold is a large
urban parish on the north east side of Nottingham based on the northern part of the
Old Urban District Council area of Arnold, the population of this is some 24,000.
The clergy stipends together with housing costs are paid by the Church
Commissioners and are not reflected in these accounts. The base and work centre is
the Church of St Mary, situated in Church Lane, Arnold which is a stone building
dating back some 700 years and the freehold of this is vested in the Diocesan Board
of Finance of Southwell and Nottingham. On land next to and held by the Church was
erected in about 1965 the building known as the Church Hall (or Family Centre) and
this has received a major rebuilding. The PCC own 22 St Mary’s Close which is now
being rented after it had been used as a base for the curate in the parish.
The year was affected by the coronavirus infection which required churches to close
from March 23[rd] 2020. Government regulation designed to limit the spread of the
disease caused extremely limited activities for the remainder of the year. A Sunday
service was held at 10.30 am with limited congregation and pre-booking in church
from 27 September to 1 November. A service was offered using the IT system provided
by Zoom also at 10.30am from 31 May to 20 September and from 8 November.
Details of the main services until March 16 are shown on page 3
The church encourages groups for fellowship and outreach and these include house
groups, Alpha courses and youth and children’s groups.
The PCC is a corporate body established by the Church of England .The PCC operates
under the PCC powers measure. The PCC is registered with the charity commissioners.
The Parochial Church Council met on the 28 January, 21 May, 6 August and 5
November. Five members are elected each year for a three year term at the Annual
Meeting. Others may be co-opted. The appointment of PCC members is governed by and
set out in the Church Representation Rules.
Page 2
MEMBERSOF THE PAROCHIAL CHURCH COUNCIL FOR 2020
Vicar Rev Margaret Caunt
Church Wardens Mr David Rodger
Mrs Liz Turley
Readers
Deanery Mrs Sue Dickenson(until APCM)
Representatives Mr Ron Price(until(APCM)
Mrs Larrie Thompson-also Co-opted as Secretary
Diocesan Synod Mr Michael Bolton
Elected Members Ms Kirsty Aplin(from APCM)
Ms Verity Blakemore
Mrs Mandy Brookshaw
Mr Andrew Fisher
Ms Alison Gill(to 4 November)
Mr Trevor McElroy
Mrs Lisa Middleton
Mrs Veronica Prestidge
Mr Ron Price
Mrs Andrea Sands
Mr Ed Sands
Ms Melissa Watt
Mr Brian West Co-opted as Treasurer
Note date of APCM was 8 September 2020
APCM were allowed to be delayed in the restricted conditions.
Page 3
COMMITTEES OF ST MARY'S CHURCH ARNOLD
The PCC operates through the standing committee between full meetings of the PCC .
1. Standing Committee
Chairman – The Vicar. The other committee members are: Church Wardens – David
Rodgers and Liz Turley
PCC Secretary Larrie Thompson and PCC Treasurer Brian West and Assistant Treasurer
Ian Rosillo . It has power to transact the urgent business of the PCC between its
Community Street Care-Arnold (CSCA)
This charity was set up in March 2012 by a group of church members. The object of
the charity is youth and community work in Arnold. As a condition of receiving an
initial grant from the diocese it was necessary to agree that the truatees would be
appointed by the PCC. The trustees appointed are Larrie Thompson, Michael Bolton,
Brian West David Rodgers and Peter Spencer. This has been dormant all year.
OBJECTIVES AND ACTIVITIES
The PCC is committed to enabling as many people as possible to worship at the
church and to become part of the parish community. Our services and worship put
faith into practice through prayer and scripture, music and sacrament.
We try to enable ordinary people to live out their faith as part of our parish
community through
-
a) Worship and prayer, learning the gospel and developing their knowledge and trust in Jesus
-
b) Provision of pastoral care for people living in the parish
-
c) Missionary and outreach work.
To facilitate this work it is important that we maintain the fabric of the Church
of St Mary and the Church Family Centre.
The PCC offered the following SUNDAY SERVICES
The normal pattern of services before the coronavirus outbreak was
-
08.00 am Holy Communion said BCP 1662 (Monthly) or Morning Prayer (Monthly)
-
09.15 am Parish Communion traditional Common Worship 1[st] ,3[rd] and 5[th] Sundays or Morning Worship traditional 2[nd] and 4[th] Sundays
-
11.00 am Morning Gathering (Informal) This follows a monthly pattern
-
[rd] Sundays Morning Gathering
-
[nd] Sundays All Ages Together Service
-
[th] Sunday All Ages Communion
-
Others Sunday’s of month Morning Worship
-
10.30 am Occasionally Joint Communion Service (from January 2020 monthly on the last Sunday of the month
The services were disrupted by the coronavirus outbreak after 16 March.
ST. MARYSCHURCH, ARNOLD
FINANCIAL REVIEW OF THE YEAR
The accounts are seriously affected by the regulations imposed by the government
from March 23[rd] which amongst other limitations prevented most meetings
The Church's main source of income is the planned giving which has for many years
been operated through a gift aid scheme, a full renewal of which took place in
September 2017. The amount received in 2019 was £54,405. The scheme basically
encourages the payment of regular giving, usually by means of bank standing order
or giving envelopes, with the view that income tax is recoverable on the giving
under Gift Aid. Other normal income consists of collections both at normal
services and specific services such as in respect of weddings and funerals. The
church is thankful for legacies. We were be able to reclaim tax on various sources
of income to a total of £17,365.
The principal item of expenditure is the parish share. This is an apportionment of
the costs of the Diocese of Southwell and Nottingham based on their actual and
potential Church membership and ability to give. The amount apportioned to Arnold
by the Gedling Deanery for the year to 31 December 2020 was £74,424. The figure for
2021 is £77,844.
The PCC is responsible for the maintenance of the church buiilding and for clergy
expenses. The church was insured for fire during the year for £11,180,000.
The church tower was repaired during the year and some minor works remain.
The other main items of income and expenditure relate to the Church hall (or Family
Centre). This is now insured for fire during the year in the sum of £2,900,000.
This is mostly let to church related organizations and receipts from this are shown
at some £5,772 for the year. The cost of maintaining the building was £18,978.
The government restriction on meeting apart from the pre-school caused almost all
other use to cease from the end of March.
The total church expenditure for the year was £145,287 and the total income was
£121,007 leaving a deficit of income over expenditure of £24,280.
The PCC own a property at 22 St Mary’s Close for church use. It was donated to the
parish for use by a curate and is now being rented as no curate has been allocated
by the diocese. It is insured for rebuilding costs of £238,645
Grateful thanks must be offered to the many members who do unpaid work to enable
the church to function so effectively.
These accounts have been prepared under the Church Accounting Regulations 2006 and
in accordance with the Charities SORP 2005 (FRS 102) and applicable accounting
standards
To be Signed on behalf of the PCC
Rev Margaret Caunt
2021
Page 5
ST. MARY'SCHURCH, ARNOLD, NOTTINGHAM
STATEMENT OF FINANCIAL ACTIVITES FOR THE YEAR ENDED 31ST DECEMBER 2020
Unrestricted
Fund
INCOMING RESOURCES
Incoming Resources from Donors
Planned Giving 54,405
Collections 1,457
Grants
Tax Recoverable 16.057
Wedding Collections
Funeral 492
Legacies
Tower/Roof Appeals
Appeal
Donations5,512
77,923
Income from operating activities
to further the church objects
Compass Magazine Income 997
Wedding and Funeral Fees 2,348
Sundry 589
Letting receipts from Family Centre 5,772
Children's Church & Activity Week -
9,706
Activities for generating funds
Summer & Christmas Fairs -
Income from investments
Rent - parish house 6,000
Bank & Building Society Interest
18
93,647
Expenditure per schedule 107,222
DEFICIT OF INCOME OVER EXPENDITURE (13,575)
______
Allocation to funds
General Fund (13,575)
Housing Fund
Tower Appeal
______
(13,575) |
Restricted
Fund
-
1,308
20,931
_ 4,885
27,124
236
236
_
27.360
38,065
(10,705)
______
-
4,885
(15,590)
________
(10,705) |
Restricted
Fund
-
1,308
20,931
_ 4,885
27,124
236
236
_
27.360
38,065
(10,705)
______
-
4,885
(15,590)
________
(10,705) |
|
|
|
|
|
(
|
Page 6
ST MARY'S CHURCH, ARNOLD, NOTTINGHAM
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2020
RESOURCES EXPENDED
Unrestricted
Funds
Activities directly relating
to the workof the church
Diocesan Parish Share 74,424
Church Repairs 2,921
Clergy Working Expenses 1,593
Church Administration 4,723
Church Light & Heat 2,982
Church Insurance 3,558
Service Requisites 456
Printing & Religious Literature 1,117
Choir Expenses & Organ 1,744
Magazine costs 1,604
Tower Repairs
Family Centre Expenses:
Repairs and Maintenance 2,731
Insurance 1,643
Light & Heat 4,418
Caretaker 2,178
Family Centre
Children's Church & Activity week
Sundry Expenses 277
22 St Marys Close 711
Donations and Gifts 142
_______
Total Resources Expended 107,222 |
Restricted
Funds
236
______
38,065 |
|
Total
2020
74,424
2,921
1,593
4,723
2,982
3,558
456
1,117
1,744
1,604
37,829
2,731
1,643
4,418
2,178
236
277
711
142
_______
145,287 |
Total
2019
71,640
1,593
2,248
6,425
4,238
3,629
856
1,197
2,278
2,085
37,829
9,861
1,831
4,986
4,712
2,215
1,032
1,889
25
_______
122,740 |
|
_
|
|
|
|
No employees earned £50,000 or more.
Page 7
ST. MARY'S CHURCH, ARNOLD, NOTTINGHAM
BALANCE SHEET AS AT 31ST DECEMBER 2020
BUILDINGS
CHURCH HALL/FAMILYCENTRE
Historical Cost 1st January 2000
Less Depreciation
FAMILYCENTRE REBUILDING COSTS
Costs to 1st January 2003
Less Family Centre Rebuilding Fund
HOUSE:- 22St Mary’s Close
Cost to 31 December 2013
CURRENT ASSETS
Debtors
Prepayments
Income Tax Recoverable
Bank Balances and Cash
LESS CURRENT LIABILITIES
Sundry Creditors
Community Street Care
Net Current Assets/(Liabilites)
|
2020
12,179
12,179
148,131
148,131
164
597
4,308
5,162
10,231
9,645
3,000
12,345
£
__ |
-
-
130,132
(2,414)
127,718
_______ |
2019
12,179
12,179 -
148,131
148,131 -
130,132
270
666
10,370
21,093
32,399
7,534
3,000
10,534
21,865
£ 151,997
_________ |
|
|
|
|
|
|
|
|
|
|
|
|
Notes For current value of buildings see page 5.
…/cont…
Page 8
ST. MARY'S CHURCH, ARNOLD, NOTTINGHAM
BALANCE SHEET AS AT 31ST DECEMBER 2020 Continued
|
2020 |
|
2019 |
|
REPRESENTED BY:- |
|
|
|
|
GENERAL FUND |
|
|
|
|
Balance as at 1st January 2019 |
7,393 |
|
49,053 |
|
Youth Worker transfer |
|
|
(50,402) |
|
|
|
|
(1,349) |
|
Deficit/Surplus for the year |
(13,266) |
(5,873) |
8,742 |
7,393 |
FAMILYCENTRE REBUILDING FUND(Restricted Fund) |
|
|
|
|
Balance as at 1st January 2012 |
148,131 |
|
148,131 |
|
Less Cost of Rebuilding |
148,131 |
-
|
148,131 |
- |
HOUSING FUND |
|
|
|
|
Balance as at 1 January 2012 |
125,247 |
|
|
125,247 |
Donation (part) |
4,885 |
|
|
|
Fund equalisised to cost |
|
130,132 |
|
|
APPEAL FUNDS (Restricted Funds) |
|
|
|
|
Tower/Roof Repairs |
|
|
|
|
Contributions Received to 1 January 2019 18,737 |
|
|
12,732 |
|
Contributions |
22,239 |
|
6,005 |
|
|
40,976 |
|
18,737 |
|
Tower repairs |
37,829 |
|
|
|
|
3,147 |
|
|
|
Organ |
|
|
|
|
Contributions Received |
620 |
3,767 |
620 |
19,357 |
|
|
_______ |
|
_____ |
|
|
£ 127,717 |
|
£ 151,997 |
|
|
_________ |
|
________ |
ST MARY’SCHURCH, ARNOLD, NOTTINGHAM
Page 9
ACCOUNTING POLICIES
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 PCC’s together with applicable accounting standards and the current
Statement of Recommended Practice, Accounting and Reporting by Charities (SORP102).
The financial statements have been prepared under the historical cost convention.
Fund Accounting
Unrestricted 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.
Restricted Funds comprise revenue donations and grants for a specific PCC activity
intended by the donor. The appeals in respect of work on the tower/roof and the
organ are restricted funds. Three small items have to be completed on the tower
which although started early in the year had to be halted for a period in the
spring to meet government regulations. One donation by agreement has been used to
meet the shortfall on the house at St Marys Close when acquired.
Designated funds are general funds set aside by the PCC for use in the future.
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 or those that are informal gatherings of
church members.
Incoming Resources
Planned giving, collections and similar donations are recognized when received. Tax
refunds on gift aid donations are recognized when the donation is received.
Other Income
Rental income from the letting of church premises has been recognised when the
rental is due
Resources expended
Diocesan parish share is accounted for when due.
FIXED ASSETS
Consecratedpropertyand MovableChurch Furnishings
Consecrated and beneficed property is not included in the accounts in accordance
with s.10(2)(a) and (c) of the Charities Act 2011.
Movable 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. Subsequently
no individual item has cost the church more than £1,000 so all such expenditure has
been written off when incurred.
x
Charity No 1134021
Page 1
ST MARY’S CHURCH ARNOLD NOTTINGHAMSHIRE
ANNUAL REPORT IN RESPECT OF THE PAROCHIAL CHURCH COUNCIL
FOR THE FINANCIAL YEAR ENDED 31[ST] DECEMBER 2020
Incumbent Rev Margaret Caunt
The Vicarage, Church Lane, Arnold, Nottingham
Bankers HSBC Bank plc 104 Front Street Arnold Nottingham
Independent Examiner Mr G J Thomas 137 Gedling Road Arnold Nottingham
The St Mary’s Parochial Church Council (PCC) has the responsibility of co-operating
with the Vicar in promoting in the ecclesiastical parish the whole mission of the
Church of England, pastoral, evangelistic, social and ecumenical. The primary
object is the promotion of the Gospel of our Lord Jesus Christ according to the
doctrines and practices of the Church of England. The parish of Arnold is a large
urban parish on the north east side of Nottingham based on the northern part of the
Old Urban District Council area of Arnold, the population of this is some 24,000.
The clergy stipends together with housing costs are paid by the Church
Commissioners and are not reflected in these accounts. The base and work centre is
the Church of St Mary, situated in Church Lane, Arnold which is a stone building
dating back some 700 years and the freehold of this is vested in the Diocesan Board
of Finance of Southwell and Nottingham. On land next to and held by the Church was
erected in about 1965 the building known as the Church Hall (or Family Centre) and
this has received a major rebuilding. The PCC own 22 St Mary’s Close which is now
being rented after it had been used as a base for the curate in the parish.
The year was affected by the coronavirus infection which required churches to close
from March 23[rd] 2020. Government regulation designed to limit the spread of the
disease caused extremely limited activities for the remainder of the year. A Sunday
service was held at 10.30 am with limited congregation and pre-booking in church
from 27 September to 1 November. A service was offered using the IT system provided
by Zoom also at 10.30am from 31 May to 20 September and from 8 November.
Details of the main services until March 16 are shown on page 3
The church encourages groups for fellowship and outreach and these include house
groups, Alpha courses and youth and children’s groups.
The PCC is a corporate body established by the Church of England .The PCC operates
under the PCC powers measure. The PCC is registered with the charity commissioners.
The Parochial Church Council met on the 28 January, 21 May, 6 August and 5
November. Five members are elected each year for a three year term at the Annual
Meeting. Others may be co-opted. The appointment of PCC members is governed by and
set out in the Church Representation Rules.
Page 2
MEMBERSOF THE PAROCHIAL CHURCH COUNCIL FOR 2020
Vicar Rev Margaret Caunt
Church Wardens Mr David Rodger
Mrs Liz Turley
Readers
Deanery Mrs Sue Dickenson(until APCM)
Representatives Mr Ron Price(until(APCM)
Mrs Larrie Thompson-also Co-opted as Secretary
Diocesan Synod Mr Michael Bolton
Elected Members Ms Kirsty Aplin(from APCM)
Ms Verity Blakemore
Mrs Mandy Brookshaw
Mr Andrew Fisher
Ms Alison Gill(to 4 November)
Mr Trevor McElroy
Mrs Lisa Middleton
Mrs Veronica Prestidge
Mr Ron Price
Mrs Andrea Sands
Mr Ed Sands
Ms Melissa Watt
Mr Brian West Co-opted as Treasurer
Note date of APCM was 8 September 2020
APCM were allowed to be delayed in the restricted conditions.
Page 3
COMMITTEES OF ST MARY'S CHURCH ARNOLD
The PCC operates through the standing committee between full meetings of the PCC .
1. Standing Committee
Chairman – The Vicar. The other committee members are: Church Wardens – David
Rodgers and Liz Turley
PCC Secretary Larrie Thompson and PCC Treasurer Brian West and Assistant Treasurer
Ian Rosillo . It has power to transact the urgent business of the PCC between its
Community Street Care-Arnold (CSCA)
This charity was set up in March 2012 by a group of church members. The object of
the charity is youth and community work in Arnold. As a condition of receiving an
initial grant from the diocese it was necessary to agree that the truatees would be
appointed by the PCC. The trustees appointed are Larrie Thompson, Michael Bolton,
Brian West David Rodgers and Peter Spencer. This has been dormant all year.
OBJECTIVES AND ACTIVITIES
The PCC is committed to enabling as many people as possible to worship at the
church and to become part of the parish community. Our services and worship put
faith into practice through prayer and scripture, music and sacrament.
We try to enable ordinary people to live out their faith as part of our parish
community through
-
a) Worship and prayer, learning the gospel and developing their knowledge and trust in Jesus
-
b) Provision of pastoral care for people living in the parish
-
c) Missionary and outreach work.
To facilitate this work it is important that we maintain the fabric of the Church
of St Mary and the Church Family Centre.
The PCC offered the following SUNDAY SERVICES
The normal pattern of services before the coronavirus outbreak was
-
08.00 am Holy Communion said BCP 1662 (Monthly) or Morning Prayer (Monthly)
-
09.15 am Parish Communion traditional Common Worship 1[st] ,3[rd] and 5[th] Sundays or Morning Worship traditional 2[nd] and 4[th] Sundays
-
11.00 am Morning Gathering (Informal) This follows a monthly pattern
-
[rd] Sundays Morning Gathering
-
[nd] Sundays All Ages Together Service
-
[th] Sunday All Ages Communion
-
Others Sunday’s of month Morning Worship
-
10.30 am Occasionally Joint Communion Service (from January 2020 monthly on the last Sunday of the month
The services were disrupted by the coronavirus outbreak after 16 March.
ST. MARYSCHURCH, ARNOLD
FINANCIAL REVIEW OF THE YEAR
The accounts are seriously affected by the regulations imposed by the government
from March 23[rd] which amongst other limitations prevented most meetings
The Church's main source of income is the planned giving which has for many years
been operated through a gift aid scheme, a full renewal of which took place in
September 2017. The amount received in 2019 was £54,405. The scheme basically
encourages the payment of regular giving, usually by means of bank standing order
or giving envelopes, with the view that income tax is recoverable on the giving
under Gift Aid. Other normal income consists of collections both at normal
services and specific services such as in respect of weddings and funerals. The
church is thankful for legacies. We were be able to reclaim tax on various sources
of income to a total of £17,365.
The principal item of expenditure is the parish share. This is an apportionment of
the costs of the Diocese of Southwell and Nottingham based on their actual and
potential Church membership and ability to give. The amount apportioned to Arnold
by the Gedling Deanery for the year to 31 December 2020 was £74,424. The figure for
2021 is £77,844.
The PCC is responsible for the maintenance of the church buiilding and for clergy
expenses. The church was insured for fire during the year for £11,180,000.
The church tower was repaired during the year and some minor works remain.
The other main items of income and expenditure relate to the Church hall (or Family
Centre). This is now insured for fire during the year in the sum of £2,900,000.
This is mostly let to church related organizations and receipts from this are shown
at some £5,772 for the year. The cost of maintaining the building was £18,978.
The government restriction on meeting apart from the pre-school caused almost all
other use to cease from the end of March.
The total church expenditure for the year was £145,287 and the total income was
£121,007 leaving a deficit of income over expenditure of £24,280.
The PCC own a property at 22 St Mary’s Close for church use. It was donated to the
parish for use by a curate and is now being rented as no curate has been allocated
by the diocese. It is insured for rebuilding costs of £238,645
Grateful thanks must be offered to the many members who do unpaid work to enable
the church to function so effectively.
These accounts have been prepared under the Church Accounting Regulations 2006 and
in accordance with the Charities SORP 2005 (FRS 102) and applicable accounting
standards
To be Signed on behalf of the PCC
Rev Margaret Caunt
2021
Page 5
ST. MARY'SCHURCH, ARNOLD, NOTTINGHAM
STATEMENT OF FINANCIAL ACTIVITES FOR THE YEAR ENDED 31ST DECEMBER 2020
Unrestricted
Fund
INCOMING RESOURCES
Incoming Resources from Donors
Planned Giving 54,405
Collections 1,457
Grants
Tax Recoverable 16.057
Wedding Collections
Funeral 492
Legacies
Tower/Roof Appeals
Appeal
Donations5,512
77,923
Income from operating activities
to further the church objects
Compass Magazine Income 997
Wedding and Funeral Fees 2,348
Sundry 589
Letting receipts from Family Centre 5,772
Children's Church & Activity Week -
9,706
Activities for generating funds
Summer & Christmas Fairs -
Income from investments
Rent - parish house 6,000
Bank & Building Society Interest
18
93,647
Expenditure per schedule 107,222
DEFICIT OF INCOME OVER EXPENDITURE (13,575)
______
Allocation to funds
General Fund (13,575)
Housing Fund
Tower Appeal
______
(13,575) |
Restricted
Fund
-
1,308
20,931
_ 4,885
27,124
236
236
_
27.360
38,065
(10,705)
______
-
4,885
(15,590)
________
(10,705) |
Restricted
Fund
-
1,308
20,931
_ 4,885
27,124
236
236
_
27.360
38,065
(10,705)
______
-
4,885
(15,590)
________
(10,705) |
|
|
|
|
|
(
|
Page 6
ST MARY'S CHURCH, ARNOLD, NOTTINGHAM
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2020
RESOURCES EXPENDED
Unrestricted
Funds
Activities directly relating
to the workof the church
Diocesan Parish Share 74,424
Church Repairs 2,921
Clergy Working Expenses 1,593
Church Administration 4,723
Church Light & Heat 2,982
Church Insurance 3,558
Service Requisites 456
Printing & Religious Literature 1,117
Choir Expenses & Organ 1,744
Magazine costs 1,604
Tower Repairs
Family Centre Expenses:
Repairs and Maintenance 2,731
Insurance 1,643
Light & Heat 4,418
Caretaker 2,178
Family Centre
Children's Church & Activity week
Sundry Expenses 277
22 St Marys Close 711
Donations and Gifts 142
_______
Total Resources Expended 107,222 |
Restricted
Funds
236
______
38,065 |
|
Total
2020
74,424
2,921
1,593
4,723
2,982
3,558
456
1,117
1,744
1,604
37,829
2,731
1,643
4,418
2,178
236
277
711
142
_______
145,287 |
Total
2019
71,640
1,593
2,248
6,425
4,238
3,629
856
1,197
2,278
2,085
37,829
9,861
1,831
4,986
4,712
2,215
1,032
1,889
25
_______
122,740 |
|
_
|
|
|
|
No employees earned £50,000 or more.
Page 7
ST. MARY'S CHURCH, ARNOLD, NOTTINGHAM
BALANCE SHEET AS AT 31ST DECEMBER 2020
BUILDINGS
CHURCH HALL/FAMILYCENTRE
Historical Cost 1st January 2000
Less Depreciation
FAMILYCENTRE REBUILDING COSTS
Costs to 1st January 2003
Less Family Centre Rebuilding Fund
HOUSE:- 22St Mary’s Close
Cost to 31 December 2013
CURRENT ASSETS
Debtors
Prepayments
Income Tax Recoverable
Bank Balances and Cash
LESS CURRENT LIABILITIES
Sundry Creditors
Community Street Care
Net Current Assets/(Liabilites)
|
2020
12,179
12,179
148,131
148,131
164
597
4,308
5,162
10,231
9,645
3,000
12,345
£
__ |
-
-
130,132
(2,414)
127,718
_______ |
2019
12,179
12,179 -
148,131
148,131 -
130,132
270
666
10,370
21,093
32,399
7,534
3,000
10,534
21,865
£ 151,997
_________ |
|
|
|
|
|
|
|
|
|
|
|
|
Notes For current value of buildings see page 5.
…/cont…
Page 8
ST. MARY'S CHURCH, ARNOLD, NOTTINGHAM
BALANCE SHEET AS AT 31ST DECEMBER 2020 Continued
|
2020 |
|
2019 |
|
REPRESENTED BY:- |
|
|
|
|
GENERAL FUND |
|
|
|
|
Balance as at 1st January 2019 |
7,393 |
|
49,053 |
|
Youth Worker transfer |
|
|
(50,402) |
|
|
|
|
(1,349) |
|
Deficit/Surplus for the year |
(13,266) |
(5,873) |
8,742 |
7,393 |
FAMILYCENTRE REBUILDING FUND(Restricted Fund) |
|
|
|
|
Balance as at 1st January 2012 |
148,131 |
|
148,131 |
|
Less Cost of Rebuilding |
148,131 |
-
|
148,131 |
- |
HOUSING FUND |
|
|
|
|
Balance as at 1 January 2012 |
125,247 |
|
|
125,247 |
Donation (part) |
4,885 |
|
|
|
Fund equalisised to cost |
|
130,132 |
|
|
APPEAL FUNDS (Restricted Funds) |
|
|
|
|
Tower/Roof Repairs |
|
|
|
|
Contributions Received to 1 January 2019 18,737 |
|
|
12,732 |
|
Contributions |
22,239 |
|
6,005 |
|
|
40,976 |
|
18,737 |
|
Tower repairs |
37,829 |
|
|
|
|
3,147 |
|
|
|
Organ |
|
|
|
|
Contributions Received |
620 |
3,767 |
620 |
19,357 |
|
|
_______ |
|
_____ |
|
|
£ 127,717 |
|
£ 151,997 |
|
|
_________ |
|
________ |
ST MARY’SCHURCH, ARNOLD, NOTTINGHAM
Page 9
ACCOUNTING POLICIES
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 PCC’s together with applicable accounting standards and the current
Statement of Recommended Practice, Accounting and Reporting by Charities (SORP102).
The financial statements have been prepared under the historical cost convention.
Fund Accounting
Unrestricted 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.
Restricted Funds comprise revenue donations and grants for a specific PCC activity
intended by the donor. The appeals in respect of work on the tower/roof and the
organ are restricted funds. Three small items have to be completed on the tower
which although started early in the year had to be halted for a period in the
spring to meet government regulations. One donation by agreement has been used to
meet the shortfall on the house at St Marys Close when acquired.
Designated funds are general funds set aside by the PCC for use in the future.
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 or those that are informal gatherings of
church members.
Incoming Resources
Planned giving, collections and similar donations are recognized when received. Tax
refunds on gift aid donations are recognized when the donation is received.
Other Income
Rental income from the letting of church premises has been recognised when the
rental is due
Resources expended
Diocesan parish share is accounted for when due.
FIXED ASSETS
Consecratedpropertyand MovableChurch Furnishings
Consecrated and beneficed property is not included in the accounts in accordance
with s.10(2)(a) and (c) of the Charities Act 2011.
Movable 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. Subsequently
no individual item has cost the church more than £1,000 so all such expenditure has
been written off when incurred.
x
Page 11 `
INDEPENDENT EXAMINER'S REPORT TO THE PAROCHIAL CHURCH COUNCIL OF ST MARY’S CHURCH, ARNOLD
I report on the accounts for the year ended 31 December 2020, which are set out on
pages 6 to 10.
Respective responsibilities of the Trustees and the Independent Examiner
The charity trustees 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
-
(1) examine the accounts under section 145 of the 2011 Act
-
(2) follow the procedures laid down in the General Directions given by the Charity Commissioners section 145(5)(b) of the 2011 Act: and
-
(3) 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 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 management committee concerning any such matters. The
procedures undertaken do not provide all the evidence that would be required in a
full audit, and consequently I do not express an audit opinion on the accounts.
Independent Examiner's Statement
In connection with my examination, no matters has come to my attention:
(1) which give me reasonable cause to believe that in any material respect the
requirements
. to keep accounting records in accordance with s. 130 of the 2011 Act; or
. to prepare accounts which accord with the accounting records have not been met: or
(2) to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Signed: Mr G J Thomas A.C.M.A.
137 Gedling Road
Arnold
Date: 23 April 2021