Charity registration number.. 1134214
PCC Chilwcll
Annual R¢port and Financial Statements
for the Year Ended 31 December 2020
Community Accounting Plus
Unit 1&2 Northwest
41 Talbot Street
Nottinghatn
NGI 5GL

PCC Chilwell
Contents
Reference and Adrninistrative Details
Tnjstees, Report
2to4
Statement of Trustees, Responsibilities
ltsdependent Examinels Report
Statement of Financial Aetivities
7t08
Balanc¢ Sheet
Notes to the Financial Statements
IOto20

PCC Chilwell
Reference and Administrative Details
Prin¢ipAI Offi¢¢
6 College Road
Bec5ton
Nottingham
Nottinghatnshire
NG9 4AS
Charlty Reglstratlon Number
1134214
Independent Exarniner
John OFrien. employee of
Community Accounting Plus
Unit 1&2 Northwest
41 Talbot Street
Nottingham
NGI SGL
Page I

PCC Chilwell
Trustees, Report
The trustees present the annual report together with the financial statements of th¢ charity for the year ended 31
Dcccmber 2020.
I'rustees
R¢v Andy Tufnell. Chair
Mr Stephen ScotL Church Warden
Mrs Anne Willmot, Church Warden
Mrs Penelop¢ Wallace
Mr Chris Brignell, PCC Secretary
Mrs Ruth Price
Mr% T)awn r.l#rkp.
Mr Tim Hills
Mrs Janis Patterson
Mrs Judith Renton
Mrs Chris Roseblade
Mr Colin Slater
Mr Simon Britton
Mrts Katrina Thomas
Mrs Dawn Pringle (appointed 14 October 2020)
Mr Will Ottewell (appointed 14 October 2020)
Mrs Marion MacDonald (appointed 14 October 2020)
Dr Rebekah Redwood (appointed 14 October 2020)
Mr Guy Gi]lib￿nd (appointed 14 October 2020}
Mr Roger Lee {appointed 14 Octob¢r 20201
Mr Robert Dixon (appointed 14 October 2020)
Mrs D¢borah Onions {appointed 14 October 2020)
Mr Gary St¢phen8on {resigned 13 October 2020)
Miss Helen Mather (resigned 13 October 2020)
Mr Clint Redwood (resigned 13 October 2020)
Mr Ryan Mellor (resigned 9 September 2020)
Objectives xnd 8ctivities
Objects and aims
The objects of the Charity 3r¢: to advance th¢ Christian faith and to promote in the parssh of Chilwell the whole
mi8sion of the church. The trustees must use the incorne, and Tnay llse the capit81, of the Charity in promoting
these objects.
Page 2

PCC Chilwell
Trusteesl Report
Objective5. strategie5 And actlvRties
Activities are organised from one or other of the two Churth of England places of worship in the parish, Christ
ChurLh (In HiBh Road and St Barnabas on tnham Road.
The Chprity holds regular services of Christian worship. carries out various activities and events for young
people, older peopl¢ (including some in residential care), parents and children, and people with pastordl and
social needs. Services, events and activities are open to any person in the community, wheth¢r or not they are
regular worshipping members of Christ Church or St Bartwbas.
Public b¢n¢fit
All services and events ar¢ open to members of the pllbli¢ and are mostly free of ¢hgrge at the point of delivery.
Where eventq are ch2rgcd kt e.n%t thiq iq AAvprtised in publicity msterial.
A community outreach project has been started in tnham Nook to provide support to all memb¢rs of the
community.
The tNstees confirm that they have cO￿PIled with the requirements of section 17 of the Charities Act 2011 to
have due regard to the public benefit guidance published by the CharAty Commission for England and Wales.
Achievements and performance
The Charity aims to minister to social and spirittial needs. The Coronavirus pand¢mic has providcd challenges
and opportunities foi the Charity to rise to. Although in person wotship has been limited, ther¢ have been a larg¢
lall8e of alitlIliilivr uppurlut2itj¥b Iv ¢ng<tge with rhc communlry {online reKorded and live strcomed services,
video conferencing small groups, recorded children's events, socially distsnced ser¥i¢es when allowed, various
"to the door" events around the parish). There has been Oevelopment of the Food Bank at St Barnabas which has
seen the start of outreach programmes, including Breakfast boxes to support those in need during the pandemic,
and after school events when allowed to engage and support the local community and local schools. The church
has b¢¢n involved with a number of local schools, providing support and materials tts support learning. In
addition to its work in the parish of Chilwell the Charity also provides financial and other support to a number
of individuals and organisations. These are approved by the irustecs from time to time, and the churches receive
information to enable support and prayer. A more detailed description of achievements in the rcporting period is
provided in the parish AnThual Review which is presented to the annllal church meetings, and copies are
available on rcquest to the parish office.
Financlxl reviesv
The Charity income was £18,788 less than expendi￿re in 2020 and net current assets werc £113,336 at the year
tnd. This is not siirptising with loss of lettings income due to Coronavirus related lockdowns.
Policy on tt5erves
The majority of receipts are monthly, then quarterly (eg gift aid claims}. We therefore need between l and 3
months, reserves. The reseFves at the year end are within this target.
Major rlsks und management tsfth05e risks
All individual giving is volwitary and ca]wot be relied on indefinitely. We review regular giving quarterly and
atlliually.
The ollgoing effects of the Coronavirus pandemic pr¢s¢nt a risk for the corning financial year.
Page 3

PCC Chilwell
Trustees, Report
Structure? goyernanee and management
JVaÈurg ofgowErKiAg dOeM￿e￿I
The Charity is controlled by the Parochial Church Council Powers Me&sure (1956) as amended and Church
Representation Rules, and constitutes an unincorporated charity.
Tnjstees are ex officio and ¢I￿ted members of the Parochial Church Council {'?CC').
Organisalionalslrtseture
New elccted meinbers are appointed at each Annual General Meeting for a temi of three years, and in-line with
the size of our Electoral Roll, up to IS elected members can be appointed. Each y¢ar, at l¢ast thc number nearest
to orttrthird of the elected place8 {i.e. 5) must be r81inquiBhed each yesr for re-election, with th¢ e4rlie6t
members standing down as necessary.
St Barnabas has sorne attributes of a conventional "district" (whereby pastoral ov¢rsight is split within the
parish). St Bamabas has a part-time self supporting minister as well as being served by the Jncumbent and other
mioisterts within the farish. St Darnabas has a church council. the m¢mb¢rts of which are el¢¢t¢d at an antLual
meeting, and members of the PCC attend ]neetings. Metnbers of St Batnabas are attive PCC ￿t￿berS as there
is a parish electoral roll. Finances are managed across the parish, with funds separated for St B2rnabas, and
combined on the Charity Accounts.
Page 4

PCC Chilwell
Statement of Trustees, Responsibilities
The tNstees are responsible for preparing th¢ trnstees. report and the financial stat£￿entS in accordance with the
United Kingdom Accounting Standard$ (United Kingdom GeneTally Acc¢ptcd Accounting Praeti¢¢) and
appli¢able law and regulations.
The law upplicable to charities rcquires the trllst¢C8 to prepar¢ financial statements for ¢ach financial year which
give a twe and fair view of the state of affaErs of the charity and of the incoming resources and application of
iesources of tho ch￿lty for that period. In preparing these financial ststements. the trustees are required to..
s¢le¢t suitable a¢¢ounting policies a[￿ then apply them consistently-
ub¥ttve the methods and prin¢iples in the Charitie5 SUIiV'
make judgements and estimates that ar¢ reasonable and prudent.
stAte whether applicable accounting standards have been followed. subject to any materiAI departures
di5¢1osed and explained in the financial statements. and
prepare the financiul ststements on the going concern basis unless it is inappropriat¢ to presume that the
charity will continue in business.
The trustees are rcspoDSible for keeping proper accounting rectsrds that disclose with reasonable accuracy at any
time the financial position of the charity and enable them to ensure that the financial siatemcnts comply with the
Charitic3 Act 2011, avvliiablL Chdrities (AccounTS and Reponsj Regulations, and the provisions of the
constitution. The tNsiees are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the pr￿entIOn and detection of fraud alld other itregularities.
Approved by the trnstees of the charlty on ......
Si￿ed on its behalf by..
liev Andy T
Trustee
P4w5

PCC Chilwell
Independent Examinerls Report to the trustees of PCC Chilwell
IDdependent examiner's report to the trllstees of PCC Chllweu
I report to the trustees on n3y examination of the ￿countS of PCC Chilwell (the Chwityl for the year ended 31
December 2020.
Responsibilities and basls of report
As the trustees of the Charity you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 Cthe Act,).
I report in respect of rny examination of the Charity's a¢¢ounts ¢arried out und¢r section 145 of the 2011 Act
and in carrying out my exainination I have followed all the applicable directions given by the Charity
Commission under section 145{5)(b) of the Act.
Independent examiner's statement
Since the Charity's gross income exceeded £250,(K)O your ex8Jniner must be a member of a body listed in
section 145 of Ihe 2011 Aci. I cont]rni Thal l am quallfled 10 undertake the examination because l aln a member
and Fellow of the Association of Charity Ind¢p¢ndent Examiners, which is one of the listed bodies.
I have Complet￿ my examination. I confirm that no matters have come to my attention in connection with th¢
examination giving me cause to believe that in any material respect..
accoiintln8 r￿ordS were. nt)t Icept in rpqppr.t nf thp. r.hArity reqiiireil hy *ettir)n 110 (bf the Act.. nr
2. the accounts do not accord with those records. or
3. the accounts do not comply with the accounting requirements eoneeming the fom and content of accounts
set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
2r.rniint% ￿Ve. A 'tnic and view whith i% not & matter considered Dart af an independent examination.
I hav¢ no conccrns and hav¢ cotne across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
John
'Brien Msc, FLLA, FCIE, employee of Con]munity Aecounting Plus
Fellow of the Association of Charity Independent Examiners
Unit 1&2 Northwest
41 Talbot Street
Nottingham
NGI 5GL
Date..
1610412021
Page 6

PCC Chilwell
Statement of Financial Activities for the Year Ended 31 December 2020
Unrestricted
fuRds
Restrleted
fund$
Total
2020
Tot81
2019
Note
Income &Dd Endowments from:
DonatlOIlS 2nd legacies
Charitable activities
Other trading activities
Investtn¢nt income
268,989
331
15,301
144
959
1,420
269,948
1,751
15,301
307,995
1,165
31,785
209
Total Income
284,765
2,379
287,144
341,154
ExpeDdiÉure Dn:
Charitable activities
301.656
{4,276)
(3aS,912)
(IGQ 780)
Total Expenditur¢
301,656)
4,276
(305,932
309,780
Net movement in fund5
(16,891)
(1,897)
(18,788)
31,374
Reconciliation of funds
Total fifftds brought fonvard
596,955
5,854
602,809
571,435
TotAI fvnds carried forward
14
580,064
3,957
584,021
602,809
Ail ofthe charity's activities derive from continuing operdtions during the above h¥0 periods.
The fullds br¢akdowi for the period is shown in note 14.
PAg¢ 7

PCC Chilwell
Statement of Ffinanclal Aetfivlties for the Year Ended 31 December 2020
These are the figures for the previous ACCOUDdng period 2nd are ineluded for comparative PUTposes
Unrestrleted
Re$tri¢ted
Total
fund5
funds
2019
Note
Income and Endowments from:
Donations and legacies
Ch8ritable activitics
Other trading activities
Inv¢stm¢nt income
296,895
100
31,785
209
ii,ioo
1,065
307,995
1,165
31,785
209
Total Income
328,989
12,165
341,154
ChaT2tabl¢ activitie5
302,905
(6,875
(309.780
Total Expenditure
(302,905
6,875
309.780
Net movement in funds
26.084
5.290
11.374
RecoDciliatioD of funds
Totpl fund5 brought forward
570,871
564
571,435
Total funds carried forward
14
596.955
5.854
602.809
Page 8

PCC Chilwell
(Registration number: 1134214)
Balanee Sheet as at 31 December 2020
2020
2019
Note
Fixed assets
Tangible assets
10
470,685
470,684
Current assets
DebtorÈ
Cash at bank and in hand
10.310
106,269
11.331
125,548
136,879
116,579
Creditor5: Anwunts falling due wlthin one year
Net current assets
12
{3.243
4.754
113,336
132.125
Net as$et5
584,021
602,809
Fund5 of the charity:
Restricted funds
3,957
5,854
Unrestricted Ineonke fund$
Unrestricted funds
580,064
584,021
596,955
Total funds
14
602,809
The financial statements on pag¢s 7 to 20 were approved by the trnstees, and authtsrised for issue on
.i?I&.¢.Iièxknd sign¢d on their behalf by..
Mr Will Ottewell
'I'rustee
Page 9

PCC Chilwell
Notes to the Flnancial Statements for the Year Ended 31 December 2020
l Accountlng polleSes
St4tement of compllance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities..
Statement of R¢comtn¢nded Practice applicable to charities preparing their accounts in accordance with the
Finaneial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effeetive l January
2015) - (Charities SOBTr (FRS 102)), the Financial Reporting Stsndard applicable in the UK and Republic of
Ireland (FRS 102) and the Charities Act 2011.
Basis of preparatio
YLL Lhilwell meets the detinitson tst" 2 public benetit entity under TrRS 102. Assets and liabilities are initially
recognis¢d at historical cost or trdnsaction value unless othenvise stated in th¢ r¢l¢vant a￿OUnting policy notes.
Exemptlon from preparing a cash flow statenient
The charity opicd 10 adopi Bulleiln I publlshed on 2 February 2016 and have th¢r¢fore not i￿]uded a cash flow
statement in these financial statements.
Going concern
Ttxt financial 5tat¢nicnts havc prcpaicd a goiiig coli￿rI1 basis.
The tswtees assess whether the use of gosng concern 18 appropriate i.¢. whether there are any material
uncertaintie5 related to ¢v¢nts or Conditions that may cast significant doubt on the abiliry of the charity to
continue as a going concem. The tNstees make this assessmeni it) respect of a period of one year from the date
of approval of the financial staiemenis.
Changes In accountlng polley
The fixed assets of land and buildings policy has changed from the insured value to the earliest available record
for valuation on the balance sheet.
Ineome and endowments
Voluntary income including donations, gifts, legacies and grants that provide core fvnding or are of a generdl
nature is r¢¢ognised when the ¢h3rity h&8 entitlement to the income, it is probable that the in¢ome will be
received and the amount can be measured with sufficient reliability.
Donttilorts 4nd legttci
Donations and legacies are reco￿]Sed on a receivable basis when receipt is probable and the amount can be
reliably measured.
Granis reeeivable
Grants are re¢ognised when the charity has an entitleinent to the fi]nds and any conditions linked to the grants
have beett met. ivhere performance conditions are attached to the 8rant and are yet to be met. the ineome is
recognised as a liability and included on the balan¢¢ sheet ￿ defrrred in¢ome to be released.
Page 10

PCC Chilwell
Notes to the Financial Statements for the Year Ended 31 December 2020
Expenditure
All expcnditur¢ is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlernent is requircd and the amount can be measured reliably. All costs are 2llocat¢d to the applicable
expenditure hcading thai aggregates similar Costs to that category. Where Costs cannot be directly attributed to
particular headings they have bcen allocated on a basis consistent with the use of resources, with cet]tral staff
costs allocated on the basis of time spenL and depreciation charges allocated on the portion of the ass¢t's use.
Oth¢r support costs are allocated bas¢d on the spread of staff costs.
Chan'tdble Uctiviiies
Charitable expcndI￿re comprises those costs incurred by th¢ Charity in the delivery of it$ activities and services
for its benefi¢iarics. It includes both costs that can be allocated directly to such activities and those costs of an
indirect nAttire nee.￿.￿%￿ry tn siipport them.
Grrtntproviyions
Provisstsns for grants are made when the inteiition to make a grant has been communicated to the reeipÈent but
ther¢ is uncertainty about either the timing of the grant or the amount (If grant payable.
Governtnent grants
Govemment grants ar¢ recognised based on the accrual niodel and are measured at the fair value of the asset
received or wceivable. Grants are classified as relating either to revenue or to asscts. Grants relating to revenue
arc rccogniscd iii ijiwjiit ov¢& tILr y¢iiud iIi wFIiLli r¥l¢il¢d cvs15 are recognised. Granis relailng 10 assets are
reeognis¢d over the expected useful life of the asset Where part of a grant relating to an a&%et is def¢rTc& it IS
recognised 8s deferred income.
Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK cutporation tax purposes. Accordingly, the
charity is potentially exempt from taxation in respect of income or capital gains received within Catcgories
covered by Chapter 3 Part I l ot the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992, to thc cxtcnt that such income or gains are applied exclusively to ¢lwitabl¢ putpuses.
Tanglble fixed a5set5
Christ Church Chureh Hall is included in the Balance Sheet as a Fixed Asset. No provi8ion is made for
depreciation. The vglue asctibed to the Church Hall is the earliest availabl¢ record value of £470,684.
Trade debtors
Trade debtors ar¢ amounts due from customers for merchandise sold or s¢rvic¢s perfomed in the ordinary
course of businc8S.
Trade debtors are recognised initially at th¢ transaction price. They are subsequently n)easured At amortised cost
using the effective interest method, less provision for impaitrnent. A provision for the impaErnicnt of debtors is
established when there is obj¢ctive evidence that the clwity will not be able to collect all amounts due
Areording to the original terms of the receivables.
Cash and c85h equivalents
Cash and cash equivalents comprise eash on hand and call deposits, and other short-term highly liquid
investm¢nts that are r¢adily convertibl¢ to a known amtsunt of cash and are %uhject tts xn insignifir.Ant Tisk of
change in valu
Page 11

PCC Chilwell
Notes to the Financial Statements for the Year Ended 31 December 2020
Trade credltors
Trade Creditors are obligations to pay for goods or services that hav¢ been acquir￿ in the ordinary course of
business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an
unconditional right. at the end of the reporting period, to defer settlcmcnt of the creditor for at least twelve
months after the reporting date. If therc 1$ an wjconditional right to defer settlement for at least twelve months
after th¢ r¢porting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the trattsaction price and 5ub5¢quently measured at amortised cost
using the effective interest meth4xI.
Fund structure
Unrestricted income tiinds are general Mnds that are available for use at the trusiees, diseretion in ￿rt￿erance of
the objectives of the Charity.
Designated fimds are unrestricted a[￿ resour¢es set asid¢ for sp¢cific purposes at the discretion of the
trnslees.
Restricted income timd5 are those donated tor use in a particular area or tor specitic purposes, the use olwhich
18 restricted to that area or purpose.
Penslons and other post retirement obligation5
The charlry operares a defined benefii pension scheme for employees. The assers of the scheme ar¢ held
separately from those of th¢ charity. Pcnsion Costs charges in the Statement of Financial Activities represent the
contributions payable by the charity during the year.
2 Ineome from donations and legacies
Unrestricted
funds
Restricted
funds
Total
20211
Total
2019
General
Donations and legacies-
Donations from individuals
Legacies
Gift aid reclaimed
Grants, including capital grants.
Government grants
217,977
914
218,891
241,962
20,000
46,033
46,049
45
46,094
4,963
4,963
269.948
268,989
959
307,995
Pag¢ 12

PCC Chilwell
Notes to the Financial Statements for the Year Ended 31 December 2020
J Income from Charitable activities
Unrestrfieted
funds
RestTlCted
funds
Total
2020
Total
2019
General
Sundry
331
1,420
1,751
1,751
4 Inco￿¢ from other tradlng acti￿tieS
Unrestricted
funds
Total
2020
Total
2019
General
Property rental income
15,301
15,301
31,785
31,785
15,301
15.301
S Invcs*mcnt Income
UDrestricted
funds
Total
2020
Total
2019
General
Inter¢st receivable and similar income-
Interest receivable on bank deposits
144
144
209
Page 13

PCC Chilwell
Notes to the Financial Statements for the Year Ended 31 Deeember 2020
6 Expenditure on charitable activltles
Unrestrleted
fllnds
Restricted
funds
Total
2020
Tot41
2019
General
Ouhvard giving
par￿Sh share
Ministry
Recruitment
Staff costs
Expenses
Running costs
Utilities
Major works
Hall costs
Pla¢ements
27,310
144,204
8,222
250
81,378
2.466
24,182
6.759
27,310
144,204
12,474
250
81,378
2.466
24206
6.759
31.188
148,116
16,534
327
58,754
3.143
30.465
6.660
5,509
7,684
1,400
4,252
24
6,885
6,885
301,656
4,276
305,932
309,780
7 Trustees remuneratlon and expenses
During the ycar the charity made the following transactions with trusttts..
Mr5 Katrina Thomas
Mrs Katrina Thomas received remuneration of £26.520 (2019.. £26,000) and £126 (2019.. £213) of expenseg
were reimbursed to Mrs Katrina Thomas during the year.
No rrnstees have received any other benefits from the charity during the year.
8 Stsff costs
The awegate payroll costs were follows..
2020
2019
Staff eost$ during the year Tvere:
Wages And salarics
Social security costs
Pcnsion Costs
77,176
1,600
2,602
56,818
162
1,774
81,378
58.754
The monthly average number of persons (including senior management team) employed by the charity during
the year was as follows:
2020
2019
Average number of people employed.
Page 14

PCC Chilwell
Notes to the Flnancial Statements for the Year Ended 31 December 2020
4 {2019 - 4) of the abovc cmploy¢¢s participated in thc Defjned Benefit Pension S¢h¢mes.
Contributions to the employee pension schetnes for the year toialled £2.602 (2019- £1,774).
No employee received emoluments of more than £60,000 during the year
9 Taxation
The charity is a regi5ter¢d charity and is therefore ¢xempt from taxation.
10 Tangible fjxed assets
Land and
buildlng$
Total
Cost
At l January 2020
470,685
470,685
At 31 December 2020
470.685
470,085
Depreciatlon
At 31 D¢c¢mber 2020
Tr4et book v8lue
At 31 Deeember 2020
470,685
470,685
At 31 December 2019
470,685
470,685
11 DebtOT8
2020
2019
Trad¢ d¢btors
Other debtors
349
10,982
10,310
10,310
11.331
12 Credltors: amounts falling due within one year
2020
2019
Trade creditors
Other taxation and social security
Other creditors
852
1,461
930
2.589
2.165
3,243
4.754
Pag¢ 15

PCC Chilwell
Notes to the FlnancAal Statements for the Year Ended 31 December 2020
13 Pension #Dd other Schetnes
Defined benefit penslon schemes
Defined benefit pension schemes
Chilw¢ll PCC ￿B 2014) participates in the Pension Builder Scheme section of CWPF for lay staff. The
S¢hem¢ is adininistered by the Church of England Pensions Board, which holds the asseis of the schemes
separately from those of the Employer and the other participating employers.
The Church Workers Pension Fund has a section as the Defjncd Benefits ScheEne, a deferred annuity
section known as Pension Build¢r Classi¢ and a cash balanr¢ 5¢Ction as Pension Builder 2014.
Pp.nqinn RiiilAer qr.hp.mp.
The Pension Builder Scheme of the Church Workers Pension Fund is made up of ttvo sections. Pension
Builder Classic and Pensson Builder 2014, both of which are classed as defined benefit sehernes.
Pension Builder Cla.%sic provides a pension for m¢mbers for payment from retirement, accumulatcd from
contributions paid and converted into a deferred annuity during employment based oft tems set and
reviewed by the Church of England Pensions Board from tirne to time. Bonuses may a]$0 be declared.
depending upon the investment returns and other factors.
Pension Builder 2014 is a cash balance scheme that provides a lump sum that members use to provide
benefits at Tetireinent. Pension contributions aTe Tecorded in an account for each Tneinber. This Bccount
may have bonuses added by th¢ Board before retirement. The bonuses depend on investment exp¢rienc¢
and othcr factor$. Thcrc 1$ no rcquircrncnt for thc Board to grant any bonusc3. Thc accounty plu3 any
bonuscs declared, is payable from members, Normal Pension Age.
TheFe is no sub-division of assets between e￿ploYeEs in each section of the Pension Builder Scheme.
The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is
because it is not possible to attribute the Pension Builder Scheme's assets and liabilities to specific
employeES and that contiibutions are accounted for <ts if the SLhetne were a defined cot]ttibution scheme.
The pensions costs charged to the SOFA in the ycgr are contributions payable {2020.. £2,602, 2019.. £1,774).
A valuation of the scheme is carried out once every three years. Thc most reecnt schcme valuation
completed was carried out as at 31 December 2019. This revealed, on the ongoing assumptions llsed, a
surplus of £0.5m. There is no requirement for deficit payments at the Qu￿ent time.
Pension Builder 2014 will be valued in relation to the lutnp sum payable to members at nom)al pension age.
There are no annual pension benefits. Pension Builder 2014 commenced in February 2014 so the next full
valuation of that section will be carried out at th¢ next CWPF valuation date, 31 December 2022.
Page 16

PCC Chilwell
Notes to the Financial Statements for the Year Ended 31 Deeember 2020
14 Funds
Balance at 31
December
2020
B21aDce 3t I
January 2020
Incoming
resource$
Rewurces
expended
Trathsfers
Unrestricted fund5
G£ner41
Christ Church
Christ Church..
C2Pit2L Fund
55,695
262,620
(272.960)
45,355
470,68
470,684
526,379
262,620
272,960
516,039
Design41ed
Christ Church:
Resources Fund
St Barnabas: PCC
Vision Fund
Si Barnabas..
Builditsg Fund
Si Barnabas: DCC
Fund
St Bamabas: Coff¢¢
Futkd
Christ Church
Support Fund
30,000
30,000
28,876
(4,993)
23.883
410
(5,403)
4,993
11,240
20,895
{22,943)
9,192
50
50
1.250
350
9110
70,576
22,145
(28.696
64,025
Total unrestricted
funds
596,955
284,765
301,656
580.064
Restricted funds
Christ Church:
Men's Group
St Bamabas.. Kids &
Bamies
St Barnabas..
Kitchen Fund
St Bamabas.. Giftg
Inham Nook Survey
Food Bank
Community Proj¢ct
Christ Church Our
Space
107
107
154
331
(53)
432
231
70
5.292
60
291
70
2,508
20
529
(2,784)
{45)
(1.316)
65
1.845
78
78)
Total restricted
funds
5,854
3.957
Page 17

PCC Chilwell
Notes to the Financial Statements for the Year Ended 31 December 2020
Balanee at 31
December
Balanee at I
January 2020
Incoming
resources
Resources
expended
TrAn$fer$
2020
Total funds
602,809
287,144
305,932
584,021
Balanee at I
January
2019
Balance at 31
December
2019
Incomin
resources
Resources
expended
Unrestricted funds
UllrtsÈri¢¢¢dgener*lf*ttds
Christ Church
Christ Church- Capital Fund
28,523
470,684
298,344
(271,172)
55.695
470.684
499,207
298,344
271,172)
526,379
UnresÉricted designaiedfunds
Christ Church.. Resources Fund
Si Bamabas: PCC Vision Fund
St Barnabas: Building Fund
St Bamabas: DCC Fund
St Barnabas: Coffee Fund
30,000
29,378
2.300
9,894
92
30,000
28,876
410
11.240
50
(5021
(1.890)
(29,239)
(1021
(31.733)
30,585
60
71,664
30,645
70.576
Total unrestrlcted funds
570,871
328,989
(302,905
596,955
Restricted funds
Christ Church: Men's Group
St Barnabas: Kids & Bamies
St Barnabas- Kitchen Fund
St Barnabas.. Gifts
Inham Nook Survey
TLM
Church Outward Giving
87
54
150
273
285
100
320
(265}
107
154
231
70
5292
(239}
(203}
(4,708)
(40)
(1,420)
10.000
40
1.420
Total restricted funds
564
12,165
(6.875)
5.854
Total funds
571,435
341,154
309,780
602,809
Page 18

PCC Chilwell
Notes to the Financial Statements for the Year Ended 31 December 2020
The specific purposes for which th¢ fvnds are to be applied Are as follows..
Christ Church
Resources Fund (designated)- allo¢ated by PCC to partially finance future strategic initiatives.
Mcns Group Fund {restricted)- monies received and payments made by the ￿onthlY Mens GTOUP meetings
Support Fund (designated) - allocated from a general gift for support during Coronavirns, expanded to provide
support fund to vulnerable within the community
Community Projcct r.uttd (￿Stricted) - yutiL and ¥ift funded EO provide community outreach to vulnerable
families within th£ parish
St Barnabas
PCC Vison Fund (designated)- allocated by PCC to partially finance ￿tUre strategic initiatives.
Building Fund (dcsignated)- money held by the DCC for specific builditkg works.
DCC r'wid {¢Jrbi¥IVdltya) - thi5 is the St Baniabas gen¢rai Incomc and expenditure in y¢ar, and Counted as
designated for the pllrpose of the consolidated accounts.
Coffee Fund ~ (designated) - money reccived by the DCC from r¢freshments provided on Sunday$- to be spent
on supplies as requir¢d.
Kids & Bamies Fund {restricted) - monies held for use on "Bamies" children's club, plus a £IOO donation to
¢IiLfblL IFiY purcha.%¢ of chfidren5 bibles.
Food Bank Fund (restticted)- restrict¢d receipts to fund food bank at St Bamabas
Kitchen Fund (restrioted)- restricted receipts to partially finance f2bric and fi]rniture costs.
Lott¢ry Grant (restricted}- restricted fund received to support widcr comrnunity project
The trdn8fer from the vision fund to the building fijnd is to cover th¢ deficit on this activity.
Page 19

PCC Chilwell
Notes to the Financial Statements for the Year Ended 31 December 2020
15 Attalysls of net assets behveen funds
Unrestricted
funds
Restrieted
funds
General
Total funds
Tangible fixed assets
Current a$8¢ls
Cu￿ent liabilities
470,685
112,622
3,243)
470,685
116,579
{3,243}
3.957
TntAI ntt a*.qetq
580,064
3.957
584,021
UnTestri¢ted
fund5
Total funds ¥t
31 December
2019
Restricted
funds
GeReral
Tangible fixed a*sets
Current assets
Current liabilities
470,684
131.025
4.754)
470,684
136,879
4,754
5,854
Total net assets
596.955
5,854
602,809
16 Independent exxmlner's fees
During th¢ period, the fees payable (excluding VAT) to the d)arity's indep¢ndent examiner Community
Accounting Plus pre analysed as follows=
2020
2019
LDd¢pendent examination
775
750
775
750
17 Related party transaetlons
During the ycar the clwity made the following related paty transactions..
Kgthryn Britton
(Related to Simon Britton (Trustee))
Receiv¢d gross remuneratlon in the year of £10,740 (2019.. £10,680}. At the balance sheet date the amount dv¢
)Ifrom Kathryn Britton wos £Nil (2019- £Nil).
Andy Thoma5
(lielated to IQatrina Thomas (Trnsiee))
Received remwicration in the period of £28,560 (2019.. £9,333). At th¢ balance sheet date the amount due
tolfroin Andy Thomas was £Nil (2019- £Nil).
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