St Mary’s, Arnold
Growing Disciples
Deeper, Wider, Younger
Annual Report for Year Ending December 2021
26[th] April 2022
1
Charity No 1134021
ST MARY’S CHURCH ARNOLD NOTTINGHAMSHIRE ANNUAL REPORT IN RESPECT OF THE PAROCHIAL CHURCH COUNCIL FOR THE FINANCIAL YEAR ENDED 31[ST] DECEMBER 2021
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.
2
The country was affected by the coronavirus infection which required churches to close for a period from March 23[rd] 2020. Government regulation designed to limit the spread of the disease caused extremely limited activities for the entire year.
Details of the main services are shown on page ??
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 4 March, 1 June, 2 September and 3 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.
3
MEMBERS OF THE PAROCHIAL CHURCH COUNCIL FOR 2021
Vicar Rev Margaret Caunt
Church Wardens Mr David Rodger Mrs Liz Turley
Reader Mr David Caunt
Deanery Representatives
Mrs Larrie Thompson-also Co-opted as Secretary
Mrs Kate Lake (from APCM)
Ms Christine Peet (from APCM)
Diocesan Synod Mr Michael Bolton
Elected Members Ms Kirsty Aplin
Mr Christopher Baker (from APCM)
Ms Verity Blakemore(Resigned Feb 2022)
Mrs Mandy Brookshaw (to APCM)
Mr Andrew Fisher(Resigned Jan 2022)
Mr Alan Langton (from APCM)
Mr Trevor McElroy
Mrs Lisa Middleton
Mrs Veronica Prestidge (to APCM)
Mr Ron Price (to APCM)
Mrs Maureen Rodgers (from APCM)
Mr Ian Rosillo (from APCM)
Mrs Andrea Sands
Mr Ed Sands (from APCM)
Ms Melissa Watt
Mr Brian West Co-opted as Treasurer
4
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 meetings and is the only committee required by law.
- 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 present trustees 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
5
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.
SUNDAY SERVICES
The year started with one service held at 1030am on Zoom. On 16[th] May 2021 this moved into Church when covid regulations eased. A further revised pattern of services commenced on 16[th] August 2021 (as a 12 month trial).
09.00 am Parish Communion traditional Common Worship except one Sunday a month Book of Common Prayer (usually 3[rd] Sunday). No service at this time on 5[th] Sundays
10.30am Morning Worship(Informal)with one Sunday per month a Communion Service (usually 3[rd] Sunday) and also a Joint Communion Service on the 5[th] Sunday.
6
ST. MARYS CHURCH, ARNOLD
FINANCIAL REVIEW OF THE YEAR
The accounts are seriously affected by the regulations imposed by the government 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 2020 was £51,683. 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 £9,232.
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 finally apportioned to Arnold by the Gedling Deanery for the year to 31 December 2020 was £78,797. The figure for 2022 is £86,244.
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 repairs were completed during the year apart from most of the work on the clock.
The other main items of income and expenditure relate to the Church Hall (or The Family Centre). This is now insured for fire during the year in the sum of £2,900,000.
7
This is mostly let to church related organizations and receipts from this are shown at some £10,383 for the year. The cost of maintaining the building was £21,387.
The government restriction on meeting apart from the pre-school caused almost all other use to cease from the end of March 2020 until mid-2021.
The total church expenditure for the year was £104,098 and the total income was £97,051 leaving a deficit of income over expenditure of £7,047
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
David Rodgers Churchwarden 2022
8
ST MARY'S CHURCH, ARNOLD, NOTTINGHAM STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2021
| INCOMING RESOURCES | Unrestricted Funds |
Restricted Funds |
Total 2021 |
Total 2020 |
|
|---|---|---|---|---|---|
| from Donors Planned Giving Collections Grants Tax Recoverable Wedding Collections Funeral Legacies Tower/Roof Appeals Donations |
51,683 1,795 3,000 9,232 15 155 1,000 2,647 69,527 |
- 4,261 700 4,961 |
51,683 1,795 7,261 9,232 15 155 1,000 700 2,647 74,488 |
54,405 1,457 - 17,365 - 492 - 20,931 10,397 105,047 |
|
| From Operating Activities Compass Magazine Wedding & Funeral Fees Sundry Letting of Family Centre Sunday Grps/Activity Week |
1,360 2,973 1,333 10,383 514 16,563 |
1,360 2,973 1,333 10,383 514 16,563 |
997 2,348 589 5,772 236 9,942 |
||
| Activities Generating Funds Summer/Christmas Fairs |
- | - | |||
| Income from Investments Rent – Parish House Bank & Building Soc. Int |
6,000 - 92,090 |
4,961 | 6,000 - 97,051 |
6,000 18 121,007 |
|
| Expenditure per schedule Deficit of Income over Expenditure |
97,978 (5,888) |
6,120 (1,159) |
1014,098 (7,047) |
145,287 (24,280) |
|
| Allocation to funds General Fund Housing Fund Tower |
(5,888) (5,888) |
- (1,159) (1,159) |
(5,888) (1,159) (24,280) |
(13,575) 4,885 (15,590) (24,280) |
9
ST MARY'S CHURCH, ARNOLD, NOTTINGHAM STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST
DECEMBER 2021
| RESOURCES EXPENDED | Unrestricted Funds |
Restricted Funds |
Total 2021 |
Total 2020 |
|
|---|---|---|---|---|---|
| Activities directly relating to the work of the Church Diocesan Parish Share Church Repairs Clergy Working Exp. Church Admin. Church Heat & Light Church Insurance Service Requisites Printing & Religious Lit. Choir Expenses & Organ Magazine Costs Tower Repairs |
61,487 1,028 1,772 2,528 3,735 3,563 167 843 1,645 1,456 |
1,859 | 61,487 1,028 1,772 2,528 3,735 3,563 167 843 1,645 1,456 1,859 |
74,424 2,921 1,593 4,723 2,982 3,558 456 1,117 1,744 1,604 37,829 |
|
| Family Centre Expenses Repairs & Maintenance Insurance Light & Heat Caretaker Family Centre Sunday Grps/Activity Wk Sundry Expenses St Mary’s Close Donations & Gifts |
6,309 1,794 4,540 3,483 643 30 1,905 50 |
4,261 | 11,570 1,794 4,540 3,483 643 30 1,905 50 |
2,731 1,643 4,418 2,178 236 277 711 142 |
|
| Total Resources Expend. | 97,978 | 6,120 | 104,098 | 145,287 |
Parish Share: Amount allocated by deanery £78,797 actually paid
£61,487 Unpaid £17,300
No employee earned £50,000 or more.
Ian Rosillo elected to the PCC during the year is employed at £1,000 per
annum.
10
ST. MARY'S CHURCH, ARNOLD, NOTTINGHAM
BALANCE SHEET AS AT 31ST DECEMBER 2021
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| **Buildings ** | |||||
| Church Hall/Family Centre Historical Cost 1st January 2000 Less Depreciation |
12,179 12,179 |
- | 12,179 12,179 |
- | |
| Family Centre Rebuilding Costs Costs to 1st January 2003 Less Family Centre Rebuilding Fund |
148,131 148,131 |
- | 148,131 148,131 |
- | |
| House – 22 St Mary’s Closes Cost to 31st December 2013 |
130,132 | 130,132 | |||
| Current Assets Debtors Prepayments Income Tax Recoverable Bank Balances & Cash |
- 298 3,200 6,044 9,542 |
164 597 4,308 5,162 10,231 |
|||
| Less Current Liabilities Sundry Creditors Community Street Care Net Current Assets/(Liabilities) |
14,554 3,450 18,004 |
(8,462) 121,670 |
9,645 3,000 12,345 |
(2,414) 127,718 |
Note: For current value of buildings see financial review page.
11
ST. MARY'S CHURCH, ARNOLD, NOTTINGHAM
BALANCE SHEET AS AT 31ST DECEMBER 2021 (Continued) REPRESENTED BY:-
| REPRESENTED **BY:- ** | |||||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| General Fund | |||||||
| Balance as at 1st January 2020 Deficit Surplus for the year |
(6,182) (5,888) |
(12,070) | 7,393 (13,575) |
(6,182) | |||
| Family Centre Rebuilding Fund (Restricted Fund) Balance as at 1st January 2012 Less Cost of Rebuilding |
148,131 148.131 |
- | 148.131 148,131 |
- | |||
| Housing Fund Balance as at 1st January 2012 Donation Cost of House |
130,132 | 130,132 | 125,247 4,885 |
130,132 | |||
| Appeal Funds (Restricted) Tower/Roof Repairs Contributions Rec. to 1st Jan 2020 Contributions Tower Repairs Organ Contributions Received |
3,147 700 3,847 1,859 1,988 620 |
2,608 120,670 |
18,737 22,239 40,976 37,829 3,147 620 |
3,767 127,717 |
12
ST MARY’S CHURCH, ARNOLD, NOTTINGHAM 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.
13
Incoming Resources
Planned Giving, collections and similar donations are recognised when received. Tax refunds on gift aid donations are recognised when the donation is received.
Other Income
Rental income from the letting of church premises has been recognised when the rental is paid
Resources expended
Diocesan parish share is accounted for when paid
FIXED ASSETS
Consecrated property and Movable Church 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.
14
St Mary’s, Arnold
Growing Disciples
Deeper, Wider, Younger
Annual Report for Year Ending December 2021
26[th] April 2022
1
Charity No 1134021
ST MARY’S CHURCH ARNOLD NOTTINGHAMSHIRE ANNUAL REPORT IN RESPECT OF THE PAROCHIAL CHURCH COUNCIL FOR THE FINANCIAL YEAR ENDED 31[ST] DECEMBER 2021
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.
2
The country was affected by the coronavirus infection which required churches to close for a period from March 23[rd] 2020. Government regulation designed to limit the spread of the disease caused extremely limited activities for the entire year.
Details of the main services are shown on page ??
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 4 March, 1 June, 2 September and 3 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.
3
MEMBERS OF THE PAROCHIAL CHURCH COUNCIL FOR 2021
Vicar Rev Margaret Caunt
Church Wardens Mr David Rodger Mrs Liz Turley
Reader Mr David Caunt
Deanery Representatives
Mrs Larrie Thompson-also Co-opted as Secretary
Mrs Kate Lake (from APCM)
Ms Christine Peet (from APCM)
Diocesan Synod Mr Michael Bolton
Elected Members Ms Kirsty Aplin
Mr Christopher Baker (from APCM)
Ms Verity Blakemore(Resigned Feb 2022)
Mrs Mandy Brookshaw (to APCM)
Mr Andrew Fisher(Resigned Jan 2022)
Mr Alan Langton (from APCM)
Mr Trevor McElroy
Mrs Lisa Middleton
Mrs Veronica Prestidge (to APCM)
Mr Ron Price (to APCM)
Mrs Maureen Rodgers (from APCM)
Mr Ian Rosillo (from APCM)
Mrs Andrea Sands
Mr Ed Sands (from APCM)
Ms Melissa Watt
Mr Brian West Co-opted as Treasurer
4
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 meetings and is the only committee required by law.
- 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 present trustees 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
5
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.
SUNDAY SERVICES
The year started with one service held at 1030am on Zoom. On 16[th] May 2021 this moved into Church when covid regulations eased. A further revised pattern of services commenced on 16[th] August 2021 (as a 12 month trial).
09.00 am Parish Communion traditional Common Worship except one Sunday a month Book of Common Prayer (usually 3[rd] Sunday). No service at this time on 5[th] Sundays
10.30am Morning Worship(Informal)with one Sunday per month a Communion Service (usually 3[rd] Sunday) and also a Joint Communion Service on the 5[th] Sunday.
6
ST. MARYS CHURCH, ARNOLD
FINANCIAL REVIEW OF THE YEAR
The accounts are seriously affected by the regulations imposed by the government 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 2020 was £51,683. 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 £9,232.
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 finally apportioned to Arnold by the Gedling Deanery for the year to 31 December 2020 was £78,797. The figure for 2022 is £86,244.
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 repairs were completed during the year apart from most of the work on the clock.
The other main items of income and expenditure relate to the Church Hall (or The Family Centre). This is now insured for fire during the year in the sum of £2,900,000.
7
This is mostly let to church related organizations and receipts from this are shown at some £10,383 for the year. The cost of maintaining the building was £21,387.
The government restriction on meeting apart from the pre-school caused almost all other use to cease from the end of March 2020 until mid-2021.
The total church expenditure for the year was £104,098 and the total income was £97,051 leaving a deficit of income over expenditure of £7,047
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
David Rodgers Churchwarden 2022
8
ST MARY'S CHURCH, ARNOLD, NOTTINGHAM STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2021
| INCOMING RESOURCES | Unrestricted Funds |
Restricted Funds |
Total 2021 |
Total 2020 |
|
|---|---|---|---|---|---|
| from Donors Planned Giving Collections Grants Tax Recoverable Wedding Collections Funeral Legacies Tower/Roof Appeals Donations |
51,683 1,795 3,000 9,232 15 155 1,000 2,647 69,527 |
- 4,261 700 4,961 |
51,683 1,795 7,261 9,232 15 155 1,000 700 2,647 74,488 |
54,405 1,457 - 17,365 - 492 - 20,931 10,397 105,047 |
|
| From Operating Activities Compass Magazine Wedding & Funeral Fees Sundry Letting of Family Centre Sunday Grps/Activity Week |
1,360 2,973 1,333 10,383 514 16,563 |
1,360 2,973 1,333 10,383 514 16,563 |
997 2,348 589 5,772 236 9,942 |
||
| Activities Generating Funds Summer/Christmas Fairs |
- | - | |||
| Income from Investments Rent – Parish House Bank & Building Soc. Int |
6,000 - 92,090 |
4,961 | 6,000 - 97,051 |
6,000 18 121,007 |
|
| Expenditure per schedule Deficit of Income over Expenditure |
97,978 (5,888) |
6,120 (1,159) |
1014,098 (7,047) |
145,287 (24,280) |
|
| Allocation to funds General Fund Housing Fund Tower |
(5,888) (5,888) |
- (1,159) (1,159) |
(5,888) (1,159) (24,280) |
(13,575) 4,885 (15,590) (24,280) |
9
ST MARY'S CHURCH, ARNOLD, NOTTINGHAM STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST
DECEMBER 2021
| RESOURCES EXPENDED | Unrestricted Funds |
Restricted Funds |
Total 2021 |
Total 2020 |
|
|---|---|---|---|---|---|
| Activities directly relating to the work of the Church Diocesan Parish Share Church Repairs Clergy Working Exp. Church Admin. Church Heat & Light Church Insurance Service Requisites Printing & Religious Lit. Choir Expenses & Organ Magazine Costs Tower Repairs |
61,487 1,028 1,772 2,528 3,735 3,563 167 843 1,645 1,456 |
1,859 | 61,487 1,028 1,772 2,528 3,735 3,563 167 843 1,645 1,456 1,859 |
74,424 2,921 1,593 4,723 2,982 3,558 456 1,117 1,744 1,604 37,829 |
|
| Family Centre Expenses Repairs & Maintenance Insurance Light & Heat Caretaker Family Centre Sunday Grps/Activity Wk Sundry Expenses St Mary’s Close Donations & Gifts |
6,309 1,794 4,540 3,483 643 30 1,905 50 |
4,261 | 11,570 1,794 4,540 3,483 643 30 1,905 50 |
2,731 1,643 4,418 2,178 236 277 711 142 |
|
| Total Resources Expend. | 97,978 | 6,120 | 104,098 | 145,287 |
Parish Share: Amount allocated by deanery £78,797 actually paid
£61,487 Unpaid £17,300
No employee earned £50,000 or more.
Ian Rosillo elected to the PCC during the year is employed at £1,000 per
annum.
10
ST. MARY'S CHURCH, ARNOLD, NOTTINGHAM
BALANCE SHEET AS AT 31ST DECEMBER 2021
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| **Buildings ** | |||||
| Church Hall/Family Centre Historical Cost 1st January 2000 Less Depreciation |
12,179 12,179 |
- | 12,179 12,179 |
- | |
| Family Centre Rebuilding Costs Costs to 1st January 2003 Less Family Centre Rebuilding Fund |
148,131 148,131 |
- | 148,131 148,131 |
- | |
| House – 22 St Mary’s Closes Cost to 31st December 2013 |
130,132 | 130,132 | |||
| Current Assets Debtors Prepayments Income Tax Recoverable Bank Balances & Cash |
- 298 3,200 6,044 9,542 |
164 597 4,308 5,162 10,231 |
|||
| Less Current Liabilities Sundry Creditors Community Street Care Net Current Assets/(Liabilities) |
14,554 3,450 18,004 |
(8,462) 121,670 |
9,645 3,000 12,345 |
(2,414) 127,718 |
Note: For current value of buildings see financial review page.
11
ST. MARY'S CHURCH, ARNOLD, NOTTINGHAM
BALANCE SHEET AS AT 31ST DECEMBER 2021 (Continued) REPRESENTED BY:-
| REPRESENTED **BY:- ** | |||||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| General Fund | |||||||
| Balance as at 1st January 2020 Deficit Surplus for the year |
(6,182) (5,888) |
(12,070) | 7,393 (13,575) |
(6,182) | |||
| Family Centre Rebuilding Fund (Restricted Fund) Balance as at 1st January 2012 Less Cost of Rebuilding |
148,131 148.131 |
- | 148.131 148,131 |
- | |||
| Housing Fund Balance as at 1st January 2012 Donation Cost of House |
130,132 | 130,132 | 125,247 4,885 |
130,132 | |||
| Appeal Funds (Restricted) Tower/Roof Repairs Contributions Rec. to 1st Jan 2020 Contributions Tower Repairs Organ Contributions Received |
3,147 700 3,847 1,859 1,988 620 |
2,608 120,670 |
18,737 22,239 40,976 37,829 3,147 620 |
3,767 127,717 |
12
ST MARY’S CHURCH, ARNOLD, NOTTINGHAM 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.
13
Incoming Resources
Planned Giving, collections and similar donations are recognised when received. Tax refunds on gift aid donations are recognised when the donation is received.
Other Income
Rental income from the letting of church premises has been recognised when the rental is paid
Resources expended
Diocesan parish share is accounted for when paid
FIXED ASSETS
Consecrated property and Movable Church 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.
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Page 10 `
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 2021, 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
Nottingham
Date: 1 May 2022