## **St. John Baptist Church, Broughton** ## **PCC Secretary’s Report for 2021 at Annual Parish Church Meeting on 25th April 2022** 2021 continued with Covid 19 restrictions. Most of the PCC meetings were held on Zoom and we were extremely grateful to Canon Alistair McHaffie the Area Dean for continuing to chair most of our meetings. Having been in vacancy for almost a year, we were delighted that the first meeting of the PCC in January was, in fact, the Pre Section 11 meeting chaired by Archdeacon David Picken. This began the process to appoint a new incumbent and in normal circumstances, would have been held much sooner. Archdeacon David explained the further process and that the Parish Profile had already been worked on and approved. He suggested that we make use of Pathways, the online process for making appointments. The Section 11 meeting, also on Zoom, held in early February was a legal requirement and had a specific agenda. The final version of the Parish Profile was formally approved. This is sent out to all clergy who request it. We elected Kath Morris and Brendan Hurley as our two Parish representatives to work with the Patrons in the appointment process. We requested that the vacancy be advertised, which it was, by the Patrons. The next meeting in March, held on Zoom, was mainly concerned with Parish Finances. Simon Worswick was at the meeting to present the Parish Accounts 2020, on which he had carried out an Independent Examination and he answered all the questions asked. The Accounts were approved by a unanimous show of hands. We had an update of the St. Martins’ Redevelopment Project, which the PCC had received prior to the meeting. Any questions were answered. In May, an Extraordinary PCC meeting was called by Archdeacon David, having been petitioned by a number of PCC members and, he had to consider their request. The issues raised were on governance, communication and the Parish Hall Complex. The archdeacon gave everyone the opportunity to ask questions, answer them and have opinions. Archdeacon David was hoping and praying with us that we could find a sense of unity going forward. Key decisions had been made about the Project. All PCC members need to feel that they are fully invested in projects for the future. David was praying with us, hoping for us, looking to support us in moving forward and the appointment of a new Parish Priest. The right person to work creatively with us in carrying forward Mission in the Parish. The next meeting of the PCC was a business meeting following the APCM, at which the Vice-chair, Treasurer and Secretary were appointed and sub committees were agreed. Pauline told the committee about the Services which had restarted. Thanks to Pat Brand and Carol Buckley, there is a team in place for Jigsaw hoping to open in September at St. Peter’s and St. John’s. An extra meeting of the PCC held on 26th August and chaired by Canon Alistair was convened to vote for the agreement to go ahead with the construction of the new St. Martin’s Chapel and Parish Hall Complex. All members were present bar one and everyone had received all the paperwork covering the Project. Peter Ward, chair of the Land & Building with Parish Hall Management Committee said that the Committee would try to answer any queries before moving forward to vote on the seven recommendations that were listed. The committee clarified a number of questions raised and as there were no more, Canon Alistair suggested we move to vote on all the recommendations. The results were 80% for 4 of the recommendations and 73% for 3 of them. Canon Alistair thanked everyone and expressed what exciting times he thought we would have in the future as we step out in faith. We could look forward to an exciting new incumbent who would help us do wonderful things. It was at the meeting in early September that it was confirmed that Rev. Canon Fleur Green was to be Instituted and Inducted on 25th October and we looked forward to working with her in Mission and Outreach in the Parish. Terms of Reference for the majority of the sub committees had been received and together with the remaining ones will be approved at the next meeting. Rev Pauline commented that the services times at the Worship centres were getting back pre Covid times. She had still been taking Baptisms weekly and there were weddings booked. She had taken frequent funerals. Pat Brand said the Jigsaw Leaders had decided that as the numbers for Jigsaw were 20 and insufficient leaders for 2 groups, they would amalgamate at St. Peter’s until after Christmas. This was a surprise to most of the PCC, and hopefully new leaders can be recruited soon. We are grateful to the Jigsaw team, in particular Pat and Carol, working to restart Jigsaw in such a difficult year. Health and Safety is an item on each PCC agenda, no more so than during the Covid Pandemic. We voted with a majority to retain the wearing of masks in the Worship Centres and no to the return of refreshments after the services. Sadly, Covid had not gone away. We welcomed Fleur to her first PCC meeting as the Vicar of Broughton in November and she asked us to each introduce ourselves, saying which committees we served on and any other roles. She spoke of her expectations for the future, being aware of things that have happened in the past, but that is the past. Fleur said she was excited about the future, and all the good things going on in the Parish. It was at this meeting that we welcomed and unanimously co-opted Lorna Laflin, as Safeguarding Officer on to the PCC. Fleur felt we really need to look at setting up a Social media link. It is important what is put on Facebook in the name of the Parish and Fleur said she would do it. She would want to do live streaming of services but not on Zoom. Broadband at church had not previously been good enough but it was now improved. I hope you have all got a copy of the booklet containing reports for 2021 from PCC committees and organisations in the Parish. Thank you to the leaders who have sent me reports from the various committees and organisations who were able to meet during 2020 and wish them well as they begin to recommence their activities. When I read them it was clear how much had gone on in the Parish in what was another difficult year and how hard people had worked. I asked people whose roles can go unnoticed such as the vergers and Sacristan to explain what they do. Thanks to the wardens and deputies, sidespeople, cleaners, churchyard gardeners and flower arrangers. We are all so grateful to Pauline and Andrea for leading the services in such difficult situations. When the worship centres were closed, they produced service sheets and Reflections week on week. The Parish Office was truly a hub for the Parish again in 2021. Vicki Thornley and her voluntary assistant, Kath Morris have continued to produce the Newsletter which was sent out by email or delivered. Thanks must also go to Brendan Hurley who as Broughton Outlook editor has produced articles which have been interesting and informative. Vicki and Kath have run the food bank at the office and sent food to other Food banks. The Office has become the start of what will be the hub of the Parish when the new Parish Hall Complex is complete. At first, 2021 seemed a very long year with still no Parish priest, until in October we welcomed Fleur and her Mum to the parish. They are now so much a part of our community and they were certainly worth waiting for. PCC OF BROUGHTON Flnancial statements for the year ended 31 December 2021 PCC OF BROUGHTON LEGAL INFORMATION Trustees Rev Canon F Green Mr D Brand Mrs P Brand Mrs C Buckley Mrs S Cherry Mr C Couper Mrs M Couper Mrs T Eves Mr J Gibson Mr B Hurfey Mr D Milbank Mrs K Morris Mrs A-L Robson Rev P Taylor Canon A TitteriThJton Mr l Titterington Mr P Ward Co- Opted Mrs L Laflin Mrs V Thornley Mr B Townsend Incumbent and PCC Chair Rev Canon F Green Vlce-chair Mrs A-L Robson Treasurer Mr J Tiiterington Secretary Mrs M CouFer Charity Registration Number 1134595 Principal address St. Martin's House 25 Northway Fulw(yJd Preston PR2 9TP Independent examiner Mr S Worswick BA FCA RPSmith&Co 2 &)uthport Ro￿1 Chorley PR7 ILB PCC OF BROUGHTON CONTENTS Page Trustees report iv-vi Independent examiner's report statement of flnancial activitles Balan￿ sheet ix Notes to the accounts x-xvii PCC OF BROUGHTON TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 The Truslees present their repKKt and accounts the year ended 31 DeCeM￿r 2021. The accounts have been prepaied in accordance with the accounting pol￿e$ set tyjt in the notes to the accounts and comply with the Charity's governing dLKufflent, the I￿antieS Act 2011 and -Accounting and Reporting by Charities.. Statement of Recommended Pracknce appl￿ble to tharities preparing their accounts in accordance with the Finanaal Repx)rbng Standard applicable in the UK and Republic of Irdand (FRS 1021 (effeciive l January 2019)" ObJective5 and Activities The primary objective of the PCC is the womotion of the (knrel (l Our Lord Jesus Christ according to the doctrines and practices of the Church of England. The PCC will cowerate with the dergy in wimlloting in the parisli the whole mission of the Churchi Pastoral, evangelisbc, social and ecumenical. Puljlic Benefit Statement When plannlng our acti￿7t￿eS for the year. the PCC have considered the C(￿mISSIOn,5 guidance on public benefit and, in particular, the supplementary 9uid3ft￿ on charities for the advancement (* rel￿[on. In parkncular, the PCC try to enable ordinary people to live out thelr faith as part of our parish community through.. Worship and prayer. learning about the Gospel; and developing their knowledge and trust in Jesus. Prowsion of pastoral care for people Ilving In the wlder parish. Missionary and outreach work. To facilitate thbs work it is important that we maintain the fabric of the worship centres within parish. Achlevements and Performance Worshlp and Prayer The year was affected by church c105ures dve to national COVID 19 restrictions. Although there was a Servi￿ at St. John Baptist parish church on 3rd January¢ all Se￿￿ were suspended on 10 January and did not start again until 14 March at 10:30 a.m. at the parish church. Morning seNT￿ were generally conducted by the Deacon, Rev. Pauline Taylor. and the Licensed Lay Minister, Canon Andrea Tittertngti)n, with M%ting cler9y taking Eucharist servI￿S when possble. TtrE¥e was still restricted capacity at the parith chwch In order to Incorporate social distancing protocol and attendance was enabled using Eventbnte. A 9:30 a.m. Servi￿ at St. Peter's Chapel recommentrd on 28th March and Evening Fwayer at 6:30 on 25th luly, with the choir returning for Choral Evensong on 22￿ August. Parish 8usiness and Communications tKJring the year the PCC meetings were chaired by the Area Dean. Rev. Canon Mistalr McHaffle, durlng the vacancy. Meetings were held on Z(x)m on 22nd March; an Extraordinary PCC Meeting IO, Mayi 20, Julyi and in person on 131h September with 3 Speclal PCC Meeting held on 26 August in tErson to give final approv31 to the St. Martin's Project. All meetings required for t￿￿ appointment of a wcar w￿e held during the year. Rev. Canon Fleur Green was Installed as Wicar ￿ 25th (xtober and the first FCC Meeting that she chaired was held in person on 8th November. Throughout the year. In order to keep in contsct with parishioners despite church dosures and to serve those unable to attend serVI￿S when they started again, a Weekly Pansh Pack was distri1￿ted to 260 households via email. hand delivery or post. The mailin9s induded Parish News, Se￿1￿5 Reflectlons. In additlon, the parlsh magazine, Outlook was distributed monthly to Ihis contact list with hard coFMes available in worship ￿ntre5, Otstlookwas also availab￿ on the parish website aloThJ with (ther parbsh informatK)n. Representstive rnembers of the PCC on the Deanery sy￿1. This wowdes Ihe PCC vlth an Important link between the parish and the wder Sill￿Vre5 of ihe church. The PCC has two members who serve on the Deanery Synod Standing Committee and whenever Synod meets, Broughton is well represented by other PCC Mefflbers and the Deacon. Th￿ is an irnp)￿nt link betw￿￿ the parish and the wider structures of the church. iv PCC OF BROUGHTON TRUSTEES? REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 Eeumenical Relationships The church is a member ol the eeumenlcal covenant (Jburches To￿ther in FU￿(th and Broughton. Financlal Revlew Total receipts on unrestricted ftsnds were £82.883 of which £51.265 was unrestrirted voluntary donations, and further £12,579 was recowed uNler the Gift Aid $c￿me. The total expenditure from unreslrirted funds was £73,995. The dI￿eSe has reinstated the contribution to the parish share al a discounled rate of £30,IK)O for 2021 to aS￿St with the (levelopment of the Parish Hall complex. The income for the year eX￿edert exwjditure on UnreSt￿Cted fur￿5 by £8,888. The￿ was a loss on revaluatlon of Investments of £72 in the year. The PCC owns the St. Martins site tnetary value can be measure(I with suffiaent reliability. Resources Expended Llabllltles are recognlwj as s￿n as an (wfflow of e£￿0mle i￿efit Ls probable. Costs are Included in the accounts gross Includi￿ Irrecoverable VAT. Fixed Assets Consecrated and benef￿ property is not induded in the finanaal statements in accordance wlth s.10 of the Charities Art 2011. Fbxed asset investments are initially Measu￿ at transaLtion price exduding transactitsn costs, and are subsequently measured at fair value at each reporting date. Changes in falr value are recc¥Jnized in net incomel(expenditure} for the year. Transaction costs are eX￿nSed as incurred. Stock Stocks are staled at the lower of cost and estimated selling prfce less costs to complete and sell. Items held for distribution at no or nominal consideration are measured at Cost. Cash and cash equivalents Cash and cash equlvalents include cash in harKt, dewsits held al call with banks, other short-term liquid Investments with Original maturiiies of three rnor)ths or less. and bank overdrafts. Bank overdrafts are shown within borrowings In current liabilibes. xi PCC OF BROUGHTON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 34 DECEMBER 2021 INCOMING RESOURCES UNRESTRfcYED FUN05 RESTRItVEO TOTAL 1021 TOTAL 2020 2{a) Donations and legacies Planned givlng Gift Aid Tax receivable Other giving Collections Baptisms, weddlngs and funerals Donations FLJnctions and fund raising Floodlighting Magazine Sncome 51,265 12,597 51,265 12,597 53,172 14,413 3,679 6,540 2,210 2,185 1.630 3,679 6,540 48,523 2,185 1.630 2,596 15,296 46.313 2,369 2,316 VAT refund Insurance daim Other income 2,151 2,151 530 530 46 313 129 100 323 2(¢) Income from Investments Rental income Interest and divldends receiwable 2(d) Income from charitable activities Income generated by parish hall EMPLOYEES The average monthly number of employees during year was: 2021 Number 2020 Number Administrats"on and parish hall managemerit The￿ were no employee5 whose annual ewnoluments were £60,IJOO ￿ more. PCC OF BROUGHTON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 TRANSACTIONS WITH MEMBERS OF THE PCC AND RELATED PARTIES The Vlcarls a member of the PCC She Is remunerated through the diocese. She receives exFenses in respect of her duties as Vicar from the Ffc UNRE5tRICfEC> FVNDS RESTRICfEO TOTAL 2021 TOTAL 2020 RESOURCES EXPENDED 5(a) PrO￿$10n of ministry and mission Mission giving Diocesan Parlsh Share Clergy expenses Music costs Parish offlce St. Martin's House costs Wages Church expenses Bank charges Parish magazine costs Church Running Expenses: Electricity Healin9 011 Insurance Church maintenan￿.. Parish church other expenses 602 30.000 2,907 5,930 6,324 1,432 9.828 4,073 646 602 30,000 2.907 7,725 6,324 1,432 9828 4.073 646 175 1,806 7,681 6,744 1,795 9,840 2,895 619 2,225 789 2,844 2,691 578 3.079 2,664 2m4 2,691 4.870 745 1,200 6.070 745 8,619 867 5(b) Parlsh hall runnlng expenses Bad debt Electricity Gas Water Insuran Malntenance and grounds other expenses 4,784 445 516 453 246 478 43 43 271 271 314 314 xiii PCC OF BROUGHTON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 FIXED ASSETS FOR USE BY THE PCC 6.{a) Tangible Fixed Assets 2021 2020 St. Martins and Parish Hall Redevelopment Cost brought forward Cost of additions Cost cariied foNard 72,410 41 St. Martins site and St. Martins house Valuation obtained in year 6.(b) Investments MARVET VALUE 2020 ADDITIONS INCREASEI DECREASE IN VALUE MARXET VALUE 202& DISPOSALS Unrestrltted held by the PCC M & G ChariL¥)nd 276 units 347 (72) 275 347 72 275 Restricted Investment funds St CCLA Church of England CBF 36,200 Total Market Values 6.(c) Unreallsed Gainsl(Losses) in Investments and Fixed Assets This relates to the revaluation of investments held by or on behalf of the PCC, on an annual basis and Ss represented by the dlfference between ihe opening and closing market values. 2021 2020 un￿alISed gainsl(losses) in LW)restricted investsnents Unrealised gainl(losses) in restiicted investments Total unrealised gainsl{losses) in the year 8,856 72 3,041 xiv PCC OF BROUGHTON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 CASH AT BANK AND IN HAND 2021 2020 Restricted Designated Unreslricted general funds 240.000 240,000 277 572 DEBTORS 2021 2020 ncome Tax re.. Gift Aid Sundry debtors and prepavn￿nts 1.760 180 2,481 646 CREDITORS 2021 2020 Amounts falling due inside one year PAYE Ilability Receipts In advance Sundry creditors and accnjed eX￿ndItUre 197 554 751 732 2631 xv PCC OF BROUGHTON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 io. 2020 COMPARATIVES VNRESfRlCtED FilflDS OESIGNATED FUNDS IIESTRICTED FIJNDS YOTAL 20 INCOME AND ENDOWMENTS FROM: Donations and legacies Charllable activitbes 2{a) 21d) 2{c) ,485 4,167 3,043 97,695 90,485 4,167 4,777 99,429 Income from Investments 1,734 1,734 TOTAL INCOME EXPENDITURE ON: Piovlslon of mlnlstry and mlssi Fund raising costs 5(a) 36,218 1,734 37,952 Parlsh hall runnlng ex￿nSeS YOTAL EXPENDXTURE 5(b) 16,762 52,980 44,715 16,762 54,714 44,715 1,734 NET INCOMEIEXPENDITURE Gains (Losses) on investment assets an revaluation {45,3651 3.037 (42,328) Transfers between funds NET MOVEMENT IN FUNDS {6501 85,556 84,906 3,037 2,387 84,118 409,674 87,155 412,061 BALANCES BIFWD I JANUARY BALANCES CIFWD 31 DE￿MBER 240,0(M) 240,000 xvi PCC OF BROUGHTON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ii. FUNDS RestrÉrted Funds Organ appeal Funds rdised for the replacemenl of the organ. Choir fund Bequests received to maintsin the dwal music in church. Walkers talkers fund Residue of funds held on behalf of walkers and talkers grcAJP. St Martins development fijnd Dcmati(ffts re￿iVed towards the iedevdowent. Funds Balance at l January 2021 14.411 71,511 33 1,200 Movement In funds Balance at 31 December 2Q21 14,411 80,367 33 Irbcome Ex￿ndItUre Revaluaiion Restricted - Organ appeal Restricted Choir fund Restricted Walkers and talkers Restricted - Exterior lighting Restricted - St. Martins development Designated Mission and worship fund Unreslrlded Fund Total Funds 1,795 {1,795) 8A56 (1,2(M]) 46,313 46,313 240,000 240,000 631222 1012 346 537 428 412 061 130 991 12. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unre51ricted ErKlowment Total Tangible fixed assets Investments Current Assets Creditors.. amounts falling due within one year 662.670 662,670 71,034 279,393 (751) 71,034 70,090 209,303 {751} 871222 141124 1012 346 xvii PCC OF BROUGHTON Flnancial statements for the year ended 31 December 2021 PCC OF BROUGHTON LEGAL INFORMATION Trustees Rev Canon F Green Mr D Brand Mrs P Brand Mrs C Buckley Mrs S Cherry Mr C Couper Mrs M Couper Mrs T Eves Mr J Gibson Mr B Hurfey Mr D Milbank Mrs K Morris Mrs A-L Robson Rev P Taylor Canon A TitteriThJton Mr l Titterington Mr P Ward Co- Opted Mrs L Laflin Mrs V Thornley Mr B Townsend Incumbent and PCC Chair Rev Canon F Green Vlce-chair Mrs A-L Robson Treasurer Mr J Tiiterington Secretary Mrs M CouFer Charity Registration Number 1134595 Principal address St. Martin's House 25 Northway Fulw(yJd Preston PR2 9TP Independent examiner Mr S Worswick BA FCA RPSmith&Co 2 &)uthport Ro￿1 Chorley PR7 ILB PCC OF BROUGHTON CONTENTS Page Trustees report iv-vi Independent examiner's report statement of flnancial activitles Balan￿ sheet ix Notes to the accounts x-xvii PCC OF BROUGHTON TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 The Truslees present their repKKt and accounts the year ended 31 DeCeM￿r 2021. The accounts have been prepaied in accordance with the accounting pol￿e$ set tyjt in the notes to the accounts and comply with the Charity's governing dLKufflent, the I￿antieS Act 2011 and -Accounting and Reporting by Charities.. Statement of Recommended Pracknce appl￿ble to tharities preparing their accounts in accordance with the Finanaal Repx)rbng Standard applicable in the UK and Republic of Irdand (FRS 1021 (effeciive l January 2019)" ObJective5 and Activities The primary objective of the PCC is the womotion of the (knrel (l Our Lord Jesus Christ according to the doctrines and practices of the Church of England. The PCC will cowerate with the dergy in wimlloting in the parisli the whole mission of the Churchi Pastoral, evangelisbc, social and ecumenical. Puljlic Benefit Statement When plannlng our acti￿7t￿eS for the year. the PCC have considered the C(￿mISSIOn,5 guidance on public benefit and, in particular, the supplementary 9uid3ft￿ on charities for the advancement (* rel￿[on. In parkncular, the PCC try to enable ordinary people to live out thelr faith as part of our parish community through.. Worship and prayer. learning about the Gospel; and developing their knowledge and trust in Jesus. Prowsion of pastoral care for people Ilving In the wlder parish. Missionary and outreach work. To facilitate thbs work it is important that we maintain the fabric of the worship centres within parish. Achlevements and Performance Worshlp and Prayer The year was affected by church c105ures dve to national COVID 19 restrictions. Although there was a Servi￿ at St. John Baptist parish church on 3rd January¢ all Se￿￿ were suspended on 10 January and did not start again until 14 March at 10:30 a.m. at the parish church. Morning seNT￿ were generally conducted by the Deacon, Rev. Pauline Taylor. and the Licensed Lay Minister, Canon Andrea Tittertngti)n, with M%ting cler9y taking Eucharist servI￿S when possble. TtrE¥e was still restricted capacity at the parith chwch In order to Incorporate social distancing protocol and attendance was enabled using Eventbnte. A 9:30 a.m. Servi￿ at St. Peter's Chapel recommentrd on 28th March and Evening Fwayer at 6:30 on 25th luly, with the choir returning for Choral Evensong on 22￿ August. Parish 8usiness and Communications tKJring the year the PCC meetings were chaired by the Area Dean. Rev. Canon Mistalr McHaffle, durlng the vacancy. Meetings were held on Z(x)m on 22nd March; an Extraordinary PCC Meeting IO, Mayi 20, Julyi and in person on 131h September with 3 Speclal PCC Meeting held on 26 August in tErson to give final approv31 to the St. Martin's Project. All meetings required for t￿￿ appointment of a wcar w￿e held during the year. Rev. Canon Fleur Green was Installed as Wicar ￿ 25th (xtober and the first FCC Meeting that she chaired was held in person on 8th November. Throughout the year. In order to keep in contsct with parishioners despite church dosures and to serve those unable to attend serVI￿S when they started again, a Weekly Pansh Pack was distri1￿ted to 260 households via email. hand delivery or post. The mailin9s induded Parish News, Se￿1￿5 Reflectlons. In additlon, the parlsh magazine, Outlook was distributed monthly to Ihis contact list with hard coFMes available in worship ￿ntre5, Otstlookwas also availab￿ on the parish website aloThJ with (ther parbsh informatK)n. Representstive rnembers of the PCC on the Deanery sy￿1. This wowdes Ihe PCC vlth an Important link between the parish and the wder Sill￿Vre5 of ihe church. The PCC has two members who serve on the Deanery Synod Standing Committee and whenever Synod meets, Broughton is well represented by other PCC Mefflbers and the Deacon. Th￿ is an irnp)￿nt link betw￿￿ the parish and the wider structures of the church. iv PCC OF BROUGHTON TRUSTEES? REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 Eeumenical Relationships The church is a member ol the eeumenlcal covenant (Jburches To￿ther in FU￿(th and Broughton. Financlal Revlew Total receipts on unrestricted ftsnds were £82.883 of which £51.265 was unrestrirted voluntary donations, and further £12,579 was recowed uNler the Gift Aid $c￿me. The total expenditure from unreslrirted funds was £73,995. The dI￿eSe has reinstated the contribution to the parish share al a discounled rate of £30,IK)O for 2021 to aS￿St with the (levelopment of the Parish Hall complex. The income for the year eX￿edert exwjditure on UnreSt￿Cted fur￿5 by £8,888. The￿ was a loss on revaluatlon of Investments of £72 in the year. The PCC owns the St. Martins site tnetary value can be measure(I with suffiaent reliability. Resources Expended Llabllltles are recognlwj as s￿n as an (wfflow of e£￿0mle i￿efit Ls probable. Costs are Included in the accounts gross Includi￿ Irrecoverable VAT. Fixed Assets Consecrated and benef￿ property is not induded in the finanaal statements in accordance wlth s.10 of the Charities Art 2011. Fbxed asset investments are initially Measu￿ at transaLtion price exduding transactitsn costs, and are subsequently measured at fair value at each reporting date. Changes in falr value are recc¥Jnized in net incomel(expenditure} for the year. Transaction costs are eX￿nSed as incurred. Stock Stocks are staled at the lower of cost and estimated selling prfce less costs to complete and sell. Items held for distribution at no or nominal consideration are measured at Cost. Cash and cash equivalents Cash and cash equlvalents include cash in harKt, dewsits held al call with banks, other short-term liquid Investments with Original maturiiies of three rnor)ths or less. and bank overdrafts. Bank overdrafts are shown within borrowings In current liabilibes. xi PCC OF BROUGHTON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 34 DECEMBER 2021 INCOMING RESOURCES UNRESTRfcYED FUN05 RESTRItVEO TOTAL 1021 TOTAL 2020 2{a) Donations and legacies Planned givlng Gift Aid Tax receivable Other giving Collections Baptisms, weddlngs and funerals Donations FLJnctions and fund raising Floodlighting Magazine Sncome 51,265 12,597 51,265 12,597 53,172 14,413 3,679 6,540 2,210 2,185 1.630 3,679 6,540 48,523 2,185 1.630 2,596 15,296 46.313 2,369 2,316 VAT refund Insurance daim Other income 2,151 2,151 530 530 46 313 129 100 323 2(¢) Income from Investments Rental income Interest and divldends receiwable 2(d) Income from charitable activities Income generated by parish hall EMPLOYEES The average monthly number of employees during year was: 2021 Number 2020 Number Administrats"on and parish hall managemerit The￿ were no employee5 whose annual ewnoluments were £60,IJOO ￿ more. PCC OF BROUGHTON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 TRANSACTIONS WITH MEMBERS OF THE PCC AND RELATED PARTIES The Vlcarls a member of the PCC She Is remunerated through the diocese. She receives exFenses in respect of her duties as Vicar from the Ffc UNRE5tRICfEC> FVNDS RESTRICfEO TOTAL 2021 TOTAL 2020 RESOURCES EXPENDED 5(a) PrO￿$10n of ministry and mission Mission giving Diocesan Parlsh Share Clergy expenses Music costs Parish offlce St. Martin's House costs Wages Church expenses Bank charges Parish magazine costs Church Running Expenses: Electricity Healin9 011 Insurance Church maintenan￿.. Parish church other expenses 602 30.000 2,907 5,930 6,324 1,432 9.828 4,073 646 602 30,000 2.907 7,725 6,324 1,432 9828 4.073 646 175 1,806 7,681 6,744 1,795 9,840 2,895 619 2,225 789 2,844 2,691 578 3.079 2,664 2m4 2,691 4.870 745 1,200 6.070 745 8,619 867 5(b) Parlsh hall runnlng expenses Bad debt Electricity Gas Water Insuran Malntenance and grounds other expenses 4,784 445 516 453 246 478 43 43 271 271 314 314 xiii PCC OF BROUGHTON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 FIXED ASSETS FOR USE BY THE PCC 6.{a) Tangible Fixed Assets 2021 2020 St. Martins and Parish Hall Redevelopment Cost brought forward Cost of additions Cost cariied foNard 72,410 41 St. Martins site and St. Martins house Valuation obtained in year 6.(b) Investments MARVET VALUE 2020 ADDITIONS INCREASEI DECREASE IN VALUE MARXET VALUE 202& DISPOSALS Unrestrltted held by the PCC M & G ChariL¥)nd 276 units 347 (72) 275 347 72 275 Restricted Investment funds St CCLA Church of England CBF 36,200 Total Market Values 6.(c) Unreallsed Gainsl(Losses) in Investments and Fixed Assets This relates to the revaluation of investments held by or on behalf of the PCC, on an annual basis and Ss represented by the dlfference between ihe opening and closing market values. 2021 2020 un￿alISed gainsl(losses) in LW)restricted investsnents Unrealised gainl(losses) in restiicted investments Total unrealised gainsl{losses) in the year 8,856 72 3,041 xiv PCC OF BROUGHTON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 CASH AT BANK AND IN HAND 2021 2020 Restricted Designated Unreslricted general funds 240.000 240,000 277 572 DEBTORS 2021 2020 ncome Tax re.. Gift Aid Sundry debtors and prepavn￿nts 1.760 180 2,481 646 CREDITORS 2021 2020 Amounts falling due inside one year PAYE Ilability Receipts In advance Sundry creditors and accnjed eX￿ndItUre 197 554 751 732 2631 xv PCC OF BROUGHTON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 io. 2020 COMPARATIVES VNRESfRlCtED FilflDS OESIGNATED FUNDS IIESTRICTED FIJNDS YOTAL 20 INCOME AND ENDOWMENTS FROM: Donations and legacies Charllable activitbes 2{a) 21d) 2{c) ,485 4,167 3,043 97,695 90,485 4,167 4,777 99,429 Income from Investments 1,734 1,734 TOTAL INCOME EXPENDITURE ON: Piovlslon of mlnlstry and mlssi Fund raising costs 5(a) 36,218 1,734 37,952 Parlsh hall runnlng ex￿nSeS YOTAL EXPENDXTURE 5(b) 16,762 52,980 44,715 16,762 54,714 44,715 1,734 NET INCOMEIEXPENDITURE Gains (Losses) on investment assets an revaluation {45,3651 3.037 (42,328) Transfers between funds NET MOVEMENT IN FUNDS {6501 85,556 84,906 3,037 2,387 84,118 409,674 87,155 412,061 BALANCES BIFWD I JANUARY BALANCES CIFWD 31 DE￿MBER 240,0(M) 240,000 xvi PCC OF BROUGHTON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ii. FUNDS RestrÉrted Funds Organ appeal Funds rdised for the replacemenl of the organ. Choir fund Bequests received to maintsin the dwal music in church. Walkers talkers fund Residue of funds held on behalf of walkers and talkers grcAJP. St Martins development fijnd Dcmati(ffts re￿iVed towards the iedevdowent. Funds Balance at l January 2021 14.411 71,511 33 1,200 Movement In funds Balance at 31 December 2Q21 14,411 80,367 33 Irbcome Ex￿ndItUre Revaluaiion Restricted - Organ appeal Restricted Choir fund Restricted Walkers and talkers Restricted - Exterior lighting Restricted - St. Martins development Designated Mission and worship fund Unreslrlded Fund Total Funds 1,795 {1,795) 8A56 (1,2(M]) 46,313 46,313 240,000 240,000 631222 1012 346 537 428 412 061 130 991 12. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unre51ricted ErKlowment Total Tangible fixed assets Investments Current Assets Creditors.. amounts falling due within one year 662.670 662,670 71,034 279,393 (751) 71,034 70,090 209,303 {751} 871222 141124 1012 346 xvii