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2020-12-31-accounts

Charity Registration No. 1134217

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Rev. Dimitri Alldridge Rev. George Agar Martin Barber Russell Baker Ian Barton Rodney Bessent Graham Campbell Andre Bulbeck Rosalind Campbell Barry Chidlow Emily Dean Roger Gibson Julia Gover Simon Gatreax Danny Greaves Rev. Alec Ham Lisa Hobson Rev. Phil Highton Audrey Kerr-Taylor David Richards Matthew Rigby Rev. James Robson Susan Scarr-Hall Rev. Mike Smith Ian Williams Stephen Williams Catherine Yevseyev Stephen Carr Andrew Rodwell Charity number 1134217 Independent examiner Mitchell Charlesworth LLP 24 Nicholas Street Chester CH1 2AU

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

CONTENTS

Page
Trustees' report 1 - 5
Independent examiner's report 6
Statement of financial activities 7 - 8
Balance sheet 9
Notes to the financial statements 10 - 20

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2020

The trustees present their report and financial statements for the year ended 31 December 2020.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's [governing document], the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activities

The objective of the PCC is the promotion of the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England.

In accordance with the requirements of the Parochial Church Council(Powers) Measure 1956, the PCC cooperates with the ministers in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.

The main activities of the PCC are:

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

Reserves and Financial Review

The Trustees have considered the advice provided by the Charity Commission in their note CC19. We believe that a prudent level of reserves is approximately eight to ten weeks cash outflow to allow sufficient working amounts in the current accounts at both St. John’s and Christ Church.

During 2019, we started a 5-year strategy to build an additional “staffing reserve” for future hiring requirements, and this continued in 2020. This reserve is to minimise and spread the required increases in planned giving in future years. As a result of this strategy, cash at the end of 2020 is higher than normal. An Associate Vicar was appointed and, God willing, will join us in July 2021. A Youth Worker was appointed in December 2020.

The Charity’s main income is from planned (regular) giving and associated Gift Aid tax refunds. This comes from around 130 givers at St John’s and 50 at Christ Church. A sudden cessation of income is therefore unlikely. In the event of a shortfall, the Trustees will either seek to increase income by holding a gift day, or to reduce expenditure by postponing capital expenditure, reducing staff levels, withholding Parish Share (a voluntary payment) or reducing the amount donated to Missionary Societies (a discretionary payment). Our reserve gives adequate time for the trustees to assess any situation and take appropriate action.

As reported at the previous AGM in October 2020, the COVID-19 pandemic has had a considerable impact on certain areas of the PCC’s finances. There has been a drop in plate income and fees from funerals & weddings, but the largest impact in 2020 was the loss of rental income from St John’s Church Centre of approximately £40,000. In mitigation the PCC put the Facilities Management staff on furlough to recover 80% of salary costs from HMRC, and made the difficult decision to make the position of Facilities Manager redundant in September 2020.

The PCC received grants from Cheshire West and Chester Council and Chester Diocese. In addition, 3-month repayment holidays were arranged on the Church Centre and Propagator’s House mortgages. We are not expecting rental income on St John’s Church Centre to return to previous levels.

The PCC's main source of income is Gift Aided planned giving and this has been unaffected by the pandemic.

At 31 December 2020, the PCC’s unrestricted and un-designated cash balances amounted to £95,539 (2019 £78,547).

Financial Commentary

The PCC had a highly unusual and challenging financial year in 2020, but, by God’s grace and through the mitigations described in the previous section, we were able to meet our commitments to ministry in the parish, support our Mission Partners and establish a staffing reserve.

Voluntary giving at the two churches, the PCC’s main source of income, remained largely unchanged. Due to restrictions on attendance at church services several cash givers switched to giving by bank transfer.

The main drop in income was around £40,000 due to the closure of St John’s Church Centre due to COVID-19 restrictions. This loss was offset by claiming £15,600 in grants from the furlough scheme, Cheshire West and Chester Council and Chester Diocese. We also achieved cost reductions elsewhere, which are listed below:

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

The PCC’s undesignated and unrestricted cash balances at December 2020 were £95,541 (compared to £78,547). The main areas of PCC expenditure are Parish Share, the payment of staff salaries, the support of mission and relief agencies, and the maintenance of properties. £8,000 of general funds were used to pay part of the mortgage on St John’s Church Centre.

The PCC has a non-contributory pension scheme which is a Defined Benefit Scheme run by the Church of England Pensions Board. It is auto-enrolment compliant and the permanent staff were auto-enrolled into this scheme in July 2016 in compliance with the appropriate legislation. There is no liability for a deficit at the moment for the Pension Scheme.

There was an appeal at St John’s in the spring of 2020 towards the costs of constructing St John’s Church Centre. Gifts received during the year amounted to £25,915 plus £2,550 Gift Aid tax refund. The PCC repaid short-term interest-free congregational loans of £18,000, leaving £20,000 remaining. We plan to pay these remaining loans off completely in 2021.

The restricted balances in the Church Centre Project Fund in December 2020 were £22,069 including the sum of £10,000 for support of Emmanuel Church in Leftwich, Northwich.

The PCC were given legacies and gifts totalling £30,000 towards the renewal of the AV system at St John’s. The installation was carried out by contractors and volunteers, during the lockdown closure in summer 2020, at a cost of £29,084. The new system replaces the previous 20-year old installation with improved audio, video and live-streaming capability which has been a great blessing – we are thankful to God for His timing and provision.

The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

The Charity's objective is to preach the Gospel, and we plan to do this by:

These plans are reviewed regularly by the PCC through the work of its sub-committees.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

Structure, governance and management

The PCC is a corporate body. Its governing documents are the Parochial Church Council (Powers) Measure 1956 as amended and the Church Representation Rules.

PCC members are recruited in a number of ways. The clergy and churchwardens are members by virtue of their office. General Synod and Diocesan Synod members are also ex-officio PCC members. Deanery Synod representatives and elected lay PCC members are elected by the Annual Parochial Church Meeting (APCM) and hold office for three years.

PCC members and Deanery Synod representatives are elected from both churches in the parish. At the APCM in April 2013 , a resolution was passed to divide the elected places on Deanery Synod and PCC between St John’s and Christ Church according to the ratio between attendance in the two churches, using a sample month each year.

At the APCM in October 2020, the size of the PCC was reduced to reflect the increased importance of the church subcommittees.

“From the next APCM, the total number of elected lay representatives to the Parochial Church Council of St John the Baptist Hartford and Christ Church Greenbank shall be 9, consisting of 6 from St John’s and 3 from Christ Church”.

At the first meeting of a newly elected PCC, members are reminded that they are Charity Trustees and are given a brief summary of their duties. On election each Trustee completes a Statement of Trustee’s Interests and a Register of Trustees’ Interests is kept.

PCC Sub-committees

In addition to the PCC, we manage the activities of the parish using PCC sub-committees.

The Standing Committee has delegated powers to make decisions between PCC meetings, subject to keeping the PCC informed.

There are two church sub-committees – St John’s Committee and Christ Church Committee.

Each committee comprises the clergy, those members of the PCC who worship at each respective churchplus additional members who may be co-opted for one year.

There is one Missionary Strategy Group, operating across both churches. The PCC retains full financial decision-making powers but where possible other decisions are delegated to the relevant church committee.

Each church may establish further local sub-committees as required.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

The trustees who served during the year and up to the date of signature of the financial statements were:

Rev. Dimitri Alldridge Rev. George Agar Martin Barber Russell Baker Ian Barton Rodney Bessent Graham Campbell Andre Bulbeck Rosalind Campbell Barry Chidlow Emily Dean Roger Gibson Julia Gover Simon Gatreax Danny Greaves Rev. Alec Ham Lisa Hobson Rev. Phil Highton Audrey Kerr-Taylor David Richards Matthew Rigby Rev. James Robson Susan Scarr-Hall Rev. Mike Smith Ian Williams Stephen Williams Catherine Yevseyev Stephen Carr Andrew Rodwell

The trustees' r eport was approved by the Board of Trustees.

..............................

Rev. Mike Smith Trustee Dated: .........................

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

I report to the trustees on my examination of the financial statements of The Parochial Church Council of the Ecclesiastical Parish of St John the Baptist, Hartford, Chester Diocese (the charity) for the year ended 31 December 2020.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come 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 financial statements to be reached.

Robert Hall, FCA Mitchell Charlesworth LLP

24 Nicholas Street Chester CH1 2AU

Dated: 28 October 2021

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2020

Current financial year
Unrestricted
funds
2020
Notes
£
Income and endowments from:
Donations and legacies
3
406,658
Charitable activities
4
23,651
Investments
5
224
Other income
6
4,059
Total income and endowments
434,592
Expenditure on:
Raising funds
7
75
Charitable activities
8
397,008
Total resources expended
397,083
Net incoming/(outgoing) resources
before transfers
37,509
Gross transfers between funds
21,376
Net movement in funds
58,885
Fund balances at 1 January 2020
1,229,087
Fund balances at 31 December 2020
1,287,972		 Restricted
Endowment
funds
funds
2020
2020
£
£
39,749
-
13,994
-
117
18
-
-
53,860
18
4,283
-
53,336
-
57,619
-
(3,759)
18
(21,376)
-
(25,135)
18
51,111
4,343
25,976
4,361		 Total
2020
£
446,407
37,645
359
4,059
488,470
4,358
450,344
454,702
33,768
-
33,768
1,284,541
1,318,309		 Total
2019
£
446,778
85,632
522
2,342
535,274
9,178
501,925
511,103
24,171
-
24,171
1,260,370
1,284,541

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

Prior financial year
Unrestricted
funds
2019
Notes
£
Income and endowments from:
Donations and legacies
3
388,952
Charitable activities
4
73,614
Investments
5
293
Other income
6
2,342
Total income and endowments
465,201
Expenditure on:
Raising funds
7
160
Charitable activities
8
445,877
Total resources expended
446,037
Net incoming/(outgoing) resources before
transfers
19,164
Gross transfers between funds
25,885
Net movement in funds
45,049
Fund balances at 1 January 2019
1,184,038
Fund balances at 31 December 2019
1,229,087		 Restricted
Endowment
funds
funds
2019
2019
£
£
57,826
-
12,018
-
197
32
-
-
70,041
32
9,018
-
56,048
-
65,066
-
4,975
32
(25,885)
-
(20,910)
32
72,021
4,311
51,111
4,343		 Total
2019
£
446,778
85,632
522
2,342
535,274
9,178
501,925
511,103
24,171
-
24,171
1,260,370
1,284,541

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

BALANCE SHEET

AS AT 31 DECEMBER 2020

Notes
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due within one
year
14
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more
than one year
15
Net assets
Capital funds
Endowment funds - general
Income funds
Restricted funds
Unrestricted funds		 2020
£
5,143
187,095
192,238
(51,760)		 £
1,449,211
140,478
1,589,689
(271,380)
1,318,309
4,361
25,976
1,287,972
1,318,309		 2019
£
4,900
164,828
169,728
(50,093)		 £
1,481,371
119,635
1,601,006
(316,465)
1,284,541
4,343
51,111
1,229,087
1,284,541

The financial statements were approved by the Trustees on .........................

.............................. .............................. Graham Campbell Rev. Mike Smith Trustee Trustee

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

1 Accounting policies

Charity information

The Parochial Church Council of the Ecclesiastical Parish of St John the Baptist, Hartford, Chester Diocese is an unincorporated charity registered in England and Wales. The primary correspondence address is St John's Church Centre, School Lane, Hartford, Northwich, CW8 1NP.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's Parochial Church Council (Powers) Measure 1956, the Church Representation Rules, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling , which is the functional currency of the charity. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus , the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Charitable Activities

The Charity has only one charitable activity, therefore all governance costs have been allocated to support costs.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

1 Accounting policies

(Continued)

1.5 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings 50 years or shown at original purchase price, not depreciated Fixtures, furniture and equipment Between 3 and 5 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

1.6 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) .

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Donations and legacies

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2020 2020 2020 2019 2019 2019
£ £ £ £ £ £
Donations and gifts 406,658 39,749 446,407 388,952 57,826 446,778

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

4 Charitable activities

Sales within charitable activities
Other income
Analysis by fund
Unrestricted funds
Restricted funds		 2020
£
34,779
2,866
37,645
23,651
13,994
37,645		 2019
£
85,632
-
85,632
73,614
12,018
85,632

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

5 Investments

Interest on PCC funds

Unrestricted Restricted Endowment Total Unrestricted Restricted Endowment Total
funds funds funds funds funds funds
general general
2020 2020 2020 2020 2019 2019 2019 2019
£ £ £ £ £ £ £ £
224 117 18 359 293 197 32 522

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

6 Other income

Unrestricted Unrestricted
funds funds
2020 2019
£ £
Sundry income 4,059 2,342

7 Raising funds

Unrestricted
Restricted
funds
funds
2020
2020
£
£
Fundraising and publicity
Seeking donations, grants
and legacies
75
-
Trading costs
Other trading activities
-
4,283
75
4,283		 TotalUnrestricted
Restricted
funds
funds
2020
2019
2019
£
£
£
75
108
-
4,283
52
9,018
4,358
160
9,018		 Total
2019
£
108
9,070
9,178

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

8 Charitable activities

Donations to Mission and Relief Agencies
Costs of Charitable Activities within the Parish
Support Costs in support of Charitable Activities
Publicity in Support of Charitable Activities
Support Costs
Depreciation
Analysis by fund
Unrestricted funds
Restricted funds		 2020
£
52,671
318,152
17,274
580
28,068
33,599
450,344
450,344
397,008
53,336
450,344		 2019
£
74,655
271,491
11,366
2,066
107,742
34,605
501,925
501,925
445,877
56,048
501,925

9 Trustees

Expenses amounting to £5,768 were paid to 3 Trustees (2019 - Expenses amounting to £8,675 were paid to 5 Trustees).

The main expenses incurred were car travel, public transport, purchase of theological books, telephone/mobile/ internet costs, attendance at conferences & training courses and computer hardware & software.

There were no other disclosable transactions in respect of PCC members, persons closely connected with them or related parties.

10 Employees

The average monthly number of employees during the year was:

2020 2019
Number Number
7 8

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

11
Tangible fixed assets
Freehold land
and buildings
Fixtures,
furniture and
equipment
£
£
Cost
At 1 January 2020
1,747,215
77,449
Additions
-
1,440
At 31 December 2020
1,747,215
78,889
Depreciation and impairment
At 1 January 2020
271,873
71,421
Depreciation charged in the year
30,253
3,346
At 31 December 2020
302,126
74,767
Carrying amount
At 31 December 2020
1,445,089
4,122
At 31 December 2019
1,475,342
6,029
12
Debtors
2020
Amounts falling due within one year:
£
Other debtors
4,936
Prepayments and accrued income
207
5,143
13
Loans and overdrafts
2020
£
Bank loans
314,380
Payable within one year
43,000
Payable after one year
271,380		 Total
£
1,824,664
1,440
1,826,104
343,294
33,599
376,893
1,449,211
1,481,371
2019
£
4,500
400
4,900
2019
£
358,665
42,200
316,465

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

14 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Notes
Bank loans
13
Trade creditors		 2020
£
43,000
8,760
51,760		 2019
£
42,200
7,893
50,093

Bank loans include mortgages totalling £23,000 (2019 - £22,200) which are secured against properties held within fixed assets.

15 Creditors: amounts falling due after more than one year

2020 2019
Notes £ £
Bank loans 13 271,380 316,465

Bank loans include mortgages totalling £ 271,380 (2019 - £ 310,665 ) which are secured against properties held within fixed assets.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

16 Analysis of net assets between funds

Unrestricted
funds
2020
£
Fund balances at 31 December 2020 are represented
by:
Tangible assets
1,449,211
Current assets/(liabilities)
110,141
Long term liabilities
(271,380)
1,287,972		 Restricted
funds
Endowment
funds
2020
2020
£
£
-
-
25,976
4,361
-
-
25,976
4,361		 TotalUnrestricted
funds
2020
2019
£
£
1,449,211
1,481,371
140,478
64,181
(271,380)
(316,465)
1,318,309
1,229,087		 Restricted
funds
Endowment
funds
2019
2019
£
£
-
-
51,111
4,343
-
-
51,111
4,343		 Total
2019
£
1,481,371
119,635
(316,465)
1,284,541

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARTFORD, CHESTER DIOCESE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

17 Pensions

The PCC participates in the Pension Builder Scheme section of CWPF for lay staff. The Scheme is administered by the Church of England Pensions Board, which holds the assets of the schemes separately from those of the PCC and the other participating employers.

18 Operating lease commitments

At the reporting end date the charity had outstanding commitments for future minimum lease payments under noncancellable operating leases, which fall due as follows:

Within one year
Between two and five years		 2020
£
20,000
40,000
60,000		 2019
£
20,000
60,000
80,000