## _(Registered Charity Number 1134614)_ **PCC Annual Report** _**Year ending 31[st] December 2020**_ 

|**_Contents and Index_**||**_Page_**|
|---|---|---|
|**_1.  Objectives and Activities_**||**_2_**|
|**_2.  Aims_**<br>|**_2_**||
|**_3. Impact of Coronavirus_**||**_2_**|
|**_4 Church Attendance and special services and events_**|||
|**_4_**|||
|**_5  Finance- see also separate annual accounts_**|||
|**_4_**|||
|**_6  Fabric_**<br>|**_5_**||
|**_7  Safeguarding_**<br>|**_8_**||
|**_8  Volunteers_**||**_9_**|
|**_9 Administrative and Governance information_**|||
|**_10_**|||
|**_Appendices_**|||
|**_1 Prayer_**|||




_**2  Annual Reports from PCC Sub Committees and review of Church activities**_ 

_1_ 



Approved by PCC 17 March 2021

## _**1 Objectives and Activities**_ 

The Parochial Church Council has the responsibility for cooperating with the Incumbent in promoting within the ecclesiastical parish the whole mission of the Church - pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the Parish Church which is a Grade 1* listed building. 

## **2 Aims** 

These are set out in the Parish’s Mission Action Plan, approved at the 2020 APCM as 

## _**‘In 2024 St Paul’s will be a church which is growing and actively engaging with the people of Bedford and beyond, by living and sharing Jesus’ love.’**_ 

To achieve this aim, we planned  to continue to offer regular services and meaningful worship of high quality: catholic liturgical style and music. 

special services, especially for the civic life of the borough and county a beautiful, historic, awe inspiring building which is well cared for a place of prayerfulness and peace 

good sermons and teaching which is stimulating and scriptural a welcoming church, open daily and a presence with the town, hospitality and an inclusive and accepting ethos, supported by the work of the Pastoral Assistant 

a relaxed and friendly ambience and ethos, fostering 7/7 belonging a desire to reach out into the community with the love and Good News of Jesus 

Over the following 3 years, we planned to develop in the following ways by growing and actively engaging with the people of Bedford and beyond, by living and sharing Jesus’ love through _Refresh the Leading Your Church Into Growth (LYCIG) too_ 

Engaging in the diocesan ‘Growing Younger’ Big Conversations Outreach into the community with the advent of a Pioneer Minister and the refreshing of the Cluster ministry in the town Refresh Welcome leaflet and translate into key languages 

We also recognised the need to be more relevant to youth, and to develop a more positive child friendly ethos and to actively engage children more. To maintain our standard of music, the aim was to recruit singers of all ages, provide more musical support for Director of Music and develop an outreach into schools. 

To provide the basis for this, we recognised the need to stabilise and increase financial income and develop succession planning to find future treasurers 

_3_ 



We also confirmed commitment to Creation and addressing Climate Change  (Fifth Mark of Mission) 

## **3 The Impact of the Coronovirus Epidemic** 

Having begun the year in the confident expectation that we would be able to continue with these and begin implementation of our plans and having done so for the first weeks of the year, the church building had to close in the first national lockdown. 

## _**Worship and Welcome**_ 

From 16 March until the beginning of August therefore there was no worship in the church building, and very limited opportunity to exercise our ministry of welcome to other than the worshipping congregation and those who accessed our on-line resources. During this period, the Vicar began a series of short weekly addresses, recorded in the Vicarage and available via the church web site and Youtube. As greater experience was gained, these developed and recorded services, again filmed in mainly in the Vicarage, were introduced, with other members of the ministerial team participating. 

With the ending of the initial lockdown, once the building had been deemed to be Covid safe, the church reopened in July on a limited basis — two hours a day, Monday to Saturday - for private prayer.  From 2[nd] August, a 10.15 Sunday Eucharist was introduced and from September, a mid-day Eucharist on Wednesday. That basic pattern continued for the rest of the year. While a number of Advent and Christmas services were planned, the introduction of the local tier system, which saw Bedford in Tier 4, meant that the only additional services held during Advent and Christmas were the Carol Service and a recorded Eucharist for Christmas Day. 

## _**Pastoral and Community**_ 

An early priority was to identify those with whom it was important to maintain pastoral contact, a group that was wider than the worshipping congregation. Once that had been done, various interest and geographical groups were created, and each was allocated to a PCC member. Their role was to maintain regular contact with the group to ensure that any practical needs were met, eg through referral to the Borough’s support hub, with any spiritual needs referred to the Vicar. Following the reopening of the church, group leaders had highlighted to them those who had not attended, and were asked to ensure that they were, for example, aware of the arrangements for Advent and Christmas services. 

With the arrival of Fr Luke Larner, initially, pending his ordination, as an Authorised Lay Worker before being able to take up his post as Assistant Curate and Pioneer Minister, there has been engagement with community leaders and organisations to explore how St Paul's might develop. One outcome was a Festival of Hope, held at the beginning of September. Although it had to be ended because of the second lock-down, it attracted a number of visitors and created opportunities for further interaction with 

_4_ 



the groups involved, such as the Police,  Hospital Friends and Charity and others. 

## _**Local Mission and outreach**_ 

The traditional significant areas of outreach - catering on Saturdays and for Tuesday concerts,  the three parish fayres and concerts could not continue once lockdown was introduced in March.  Tuesday concerts and organ recitals were reintroduced in September with increased attendance. The new initiative introduced last year of hosting the Bedfordshire WI’s Country Markets’ weekly market stall, providing them with a warmer and drier environment and encouraging more people into the church building continued when there was no lockdown. Sadly, there was no Remembrance Sunday Service in church, which meant there was no involvement of the Brickhill Scout Group 

## _**Learning and Training**_ 

Several house groups were established to do a Lent course, and while most came to a premature end, one continued via zoom, and then did an Advent course and part of another. Members of the congregation have also continued to take part in training activities organised by the local Belief group. 

## **4. Church Attendance and special services and events** 

At the beginning of the year, there were on the electoral roll 109 (19 resident, 90 non-resident). With the death of members, the end of year figure had reduced to 105 (18 resident, 87 non-resident) Weekly church attendance for the Sunday 10.15 am and Wednesday noon Eucharist services during October 2020, averaged 61 76 people are recorded as attending the recorded service for Christmas Day, with a total of 150 attendances in Advent Baptisms - 2 Confirmations - 0 Marriages - 0 Renewal of vows/ Blessings of Marriage - 0 Funerals  - 2 in church, 5 at the crematorium 

There were no civic, special and public services  during the year, although the Lord Lieutenant recorded part of her Remembrance Sunday video in St Paul’s 

The Church continues to be used by the Serbian Orthodox community, who held their regular monthly services before and after lockdown **.** 

## **5. Finance** 

Alan Dickinson took over as Interim Treasure as well as continuing as PCC Secretary.  With the continued support of Cliff Harris, and a bookkeeper, Gift Aid officer and a team of cash counters from within the 

_5_ 



congregation, the combined role has been possible, but is not ideal nor sustainable. 

The agreed budget for the year  indicated a deficit of £5,600, although it was anticipated that fund raising activities, including those around the River Festival, would enable us at least to balance income and expenditure. The unexpected and almost unprecedented Coronavirus -19 epidemic had a major effect on our finances, as it had for many other organisations of all types. 

Donations from the regular congregation continued at the planned level, and there were a number of generous additional sums donated. As a consequence of lock-downs, however, there was considerable reduction in the income from catering concerts, fetes, church hire, cash collections at services and from visitors and particularly the Christmas Tree Festival, and no grant was received for the cost of the Pastoral Assistant from The House of Industry. This represented a loss of over £40,000. There were also additional costs incurred in cleaning materials and in enabling services to be streamed.  While the church used the government’s Job Retention Scheme to assist with staff costs, a grant of £7,800 was received from the Bedford Borough Council towards ongoing occupation costs, and savings were made in the cost of utilities, music and office service and outward giving was reduced in line with the reduction in catering income,  the PCC decided that regretfully it could not continue to meet in full its Parish Share contribution to the diocese of St Albans, and resolved to reduce the non-ministerial support element by 50%. This gave a cost reduction of £17,000. 

The Accounts show the general account income of £168,771 against expenditure of £164, 979, giving a small surplus,  after appropriate transfers from designated and restricted funds, which therefore at the year end show reductions in the amounts carried forward. 

We are yet again grateful to the Gale Trust,  and the Wixamtree Trust for the grants received in 2020.  The latter was  allocated to the Pastoral Assistant Fund.  A contribution of almost £6000 was received from the Friends of St Paul’s towards some of the capital projects mentioned in the fabric report,  and a contribution of over £25,000 was promised by the Dorothy Porter Trust towards other capital schemes. We are extremely grateful to the Chairs and Trustees of all those charities for their generous support. Discussions continue to extend the scope of the St Paul’s Educational Charity to include worshippers, in the church, not just residents of the parish, to enable the fund to contribute to development plans for music, in particular the recruitment of young choristers. 

## Going concern 

While a surplus was achieved in 2020, this was due to the factors listed above. With the reopening of the church, even on a limited basis, the benefit of the furlough scheme have been reduced, and there is currently no indication that there will be grants for churches from statutory 

_6_ 



authorities. With the limited reserves available, every effort will need to be made in 2021 to reduce costs and increase income once the lifting of restrictions allows. 

## Reserves Policy 

It is PCC policy to try to maintain a balance on free reserves (nett current assets) which  equates to at least three months’ unrestricted payments This is equivalent to approx £42,000. It is intended to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the  beginning of the year at           £ 6.641 was well below this target, and it had been identified that this situation needed to be addressed. The unplanned impact of Coronovrus has meant that progress towards this aim has been very limited,  with the sum now standing at £10,433. 

It is our policy to invest the short-term investment fund balances with the CCLA Church of England Deposit Fund. 

## **For more details, please see the Annual Accounts** 

_7_ 



## **6 Fabric** 

2020 has been a challenging year for fabric work at St Paul’s because of the Coronavirus pandemic. Nonetheless, many projects have been worked on or completed in spite of the lockdown periods. The committee has consisted of James Stephenson (until end of January 2020 and chair), Ann Collett-White (interim chair from January), Claire Price (secretary), Anne Harris, Elaine Doyle, Graham Ridgway, Steve Stanford, James Saunders and Robin Bartlett (from September). Fr Kevin, Alison Phillipson (church warden) and Florence Bignell (church warden and chair from January 2021) were all ex officio members. 

## 5.1 Faculties and Permissions Organ Blower 

The complete rebuilding of St Paul’s organ was completed in 2010. This work involved the removal of the old blower from its dedicated chamber just to the east of the vestry door and the disconnection of the zinc trunking running across the roof of the outbuilding and into the medieval room above the Vicar’s vestry, whereupon it pierced the wall through into the organ chamber at mezzanine level.  A new blower was sited in the vestry corridor. Eventually we came to the conclusion that the significant noise produced from the blower could not be reduced through any adjustment or minor remedial work. A faculty application was therefore made to move the blower back to its original site in the blower room outside the main body of the church. The faculty was granted in 2020 and the work carried out in December. The result pleases everyone. The cost (approx £15000) is partly covered by the Friends, the remainder by the PCC or by further funding from the Friends. 

## Barnard Cross 

A faculty was granted for the repair and conservation of the Barnard Cross in the churchyard and this work was due to be carried out in the spring of 2020. However, due to the lockdown and a request for an inscription which needed investigation, it was delayed for a few months and completed in September, more than 5 years after the tree which damaged it fell. This work was carried out by Skillingtons. A 

conservation/maintenance report was received from them. The work was paid for by the Dorothy Porter Trust. 

## High Mass vestments 

To complete the set of high mass vestments, a faculty was applied for after funding was agreed with the Friends and donations received. The faculty was granted and the purple vestments delivered in time for Advent, the green set to be delivered in the early part of 2021. 

## Bronze Nave Candle stands 

One of the candle stands used at the nave altar was in a damaged condition for a some years.  Rob Sansome (one of the Dorothy Porter Trust trustees) who designed the candle stands over twenty years ago agreed 



to repair and restore both stands. It emerged that originally the donor requested that they be inscribed with the donor’s name and those of his parents in their memory. A faculty was denied at the time (1998) and the matter was dropped. The candle stands have been restored at Rob’s own cost and an application for a faculty has been made for the inscription to be done. The Dorothy Porter Trust will pay for the inscription. 

## Other faculties 

An interim faculty was applied for and granted, after the event, for investigation and repair of a major water leak in the narthex. 

An interim faculty was applied for to allow WiFi cabling and boosters to be installed in church to allow for live streaming of services and contactless donations via a card reader. The installation of this equipment has been completed and the faculty application will be finalised in 2021. 

Due to the pandemic, work connected with the Quinquennial Inspection Report items on pinnacles, stonework and glazing has not progressed though the faculty has been applied for by the church architect. 

## 5.2 Other Projects and Challenges 

## St Paul’s Tower and Bells Project 

(paragraph written by Stephen Stanford, Project Leader) The peal of bells at St. Paul’s Church, Bedford is rated as one of the finest peals of twelve bells in the Country. They form an important part of the fabric of the church and are one of the church’s most valuable assets. Currently, the bells are hung on two levels; the 8 heavier bells in a lower tier wooden frame dating from the 1868 and the front four lighter bells on a steel frame strapped across the base of the spire above, installed in 1895. Apart from rehanging the bells on new bearings in 1930 and again in 1966, no significant work has been done since their installation. In recent years the bells have become increasingly difficult to ring, largely due to deficiencies in the frame foundations and its resultant movement, with the installation nearing the end of its useful life. 

Consequently, the bells are no longer so well-regarded or comparable to those at other Churches of similar (major church) status. More importantly, it is increasingly challenging to recruit, train and develop new bell ringers and maintain the ringing heritage at St Paul’s with the bells in their current condition. There is a consequent risk that the bells would require on-going expenditure or fall silent. 

A proposal for rehanging the bells in a new frame was first considered in 1978 and again in 2017. In 2019 the Dorothy H Porter Trust expressed interest in supporting major work to the tower and bells and requested two detailed and costed proposals be obtained for their further consideration. 

A detailed request for quotation (RFQ) document was prepared defining the scope and requirements relating to (1) the bells and fittings, (2) fully 



adjustable external sound control, and (3) the ringing chamber and tower infrastructure including the clock. This was approved by the fabric committee and PCC for issue to the leading bell firms; Taylors of Loughborough and Whites of Appleton, in November 2019. With regard to the bells and fittings it is proposed to hang the bells on one level lower in the tower to minimise movement, with a foundation and frame of modern design to accommodate 14 bells. This will enable the optional and possibly later incorporation of an additional two bells to create light diatonic rings of 8 and 10 in addition to the current heavy ring of 12. Preliminary inspections and consultations with the Church Architect, DAC Bells advisor, and DAC clock advisor have taken place, consistent with the pre-faculty application requirements, and a project set up on the DAC faculty portal including their comments and suggestions. As such all key stakeholders have now been consulted and have responded positively to the proposed scheme. 

An independent structural engineer with extensive experience of towers, bells, and bell frames was consulted to conduct a tower survey and provide recommendations. Both bell firms and their sub-contractors have now made necessary inspection visits and submitted their proposed designs for the new bell frame and support structure that the structural engineer has approved. 

Clockwise Restorations, the Church clock contractors have provided recommendations and an estimate for essential work to remove, perform maintenance, and reinstate the clock (possibly in an alternative position in the tower) as part of the scheme. They have also provided recommendations and estimates for optional work including modernising the now obsolete auto winding mechanism. 

Although very considerable progress has been made during the year, unfortunately it has been seriously impacted by the various lockdown restrictions as a result of which the original deadline of April 2020 for receipt of final proposals was unachievable; a consequence of the architect, structural engineer, and the various contractors all needing to postpone and reschedule activities at various times. Whites of Appleton have submitted a draft proposal for comment pending its final issue, and Taylors of Loughborough have yet to submit their proposal. Both firms have been requested to advise a revised schedule taking into account the latest restrictions. It is hoped that final proposals and estimates will be available within the first few months of 2021 **.** 

## North Porch, Notice Board and Peter and Paul Statues 

We await plans from the church architect for the renovation of the north porch. The plans have not been forthcoming in 2020. The placement of the St Peter and St Paul medieval statues at St Paul’s has been a bone of contention for a good few years and it is hoped that the DAC would approve them being placed in the North Porch if the renovation were carried out. The pandemic and lockdown has impeded this project. 

Sacristy foor 



After a couple of wooden blocks in the sacristy floor came loose, it was decided to fully renovate the floor. This work included sanding and lacquering the floor and was carried out after the first lockdown when the church could be re-opened. The Friends paid for this work. 

## Brackets for Colours by the war memorial 

One of the brackets holding 3 of the colours owned by the Royal Anglian Regiment had started to come away from the wall. Work to replace the bolts was carried out while the contractor was in the building in connection with the moving of the organ blower. It is hoped the Anglian Regiment would make donation to cover the cost. 

## Routine clearing of gutters, downpipes etc 

A couple of volunteers cleared debris from gutters and gulleys on those parts of the roof which are easily accessible. However, it will be necessary to employ a building contractor to access other parts of the roof to ensure that all rain goods are kept in good order. A small leak in the nave roof is currently being investigated. 

## **7 Safeguarding** 

At its May 2020 meeting, St Paul’s PCC confirmed that it continued to adopt and endorse the approach to safeguarding set out in the House of Bishops’ ‘Promoting a Safer Church’ policy statement and confirmed the Response to Domestic Violence Policy. 

The PCC affirmed their duty of care to protect children, young people, and vulnerable adults in our church community. The welfare of the child, young person and vulnerable adult is always paramount. 

**Safeguarding is part of our core faith and an integral feature of the Christian life in our church** . 

For part of this year the church has been closed. Once services resumed, many aspects of the normal life of the church did not restart. The children’s work and the choir have not returned yet. Nevertheless, **the diocese has made it clear that, despite this, all the guidance around Safeguarding remains the same.** DBS checks are still needed for those in close contact with the vulnerable, even telephone contact. Safeguarding Training continues online. DBS checks are continuing with ID checks being done electronically. 

Many of our church members have been isolated during this pandemic and families cut off from loved ones. The PCC have been providing supportive phone calls. As there is particular **concern for the safety of the vulnerable and those at risk of domestic violence** , the PCC remain alert to Safeguarding issue when making such calls. **Live Streaming** began this year after careful planning and risk assessment completed by Robin Bartlett. Safeguarding issues were assessed. Signs have been posted to make it clear that none of the congregation will be filmed. All those taking part in the service have given their written consent to be recorded on the video. 



**The Independent Inquiry Child Sexual Abuse** delivered its investigation report on the Anglican Church October 2020. It made for shameful reading. An extract follows. ‘The culture of the Church of England facilitated it becoming a place where abusers could hide. **Deference to the authority** of the Church and to individual priests **, taboos surrounding discussion of sexuality and an environment where alleged perpetrators were treated more supportively than victims presented barriers to disclosure that many victims could not overcome** . ‘ **Archbishop Justin Welby and others wrote an open letter. A short extract ‘** We are truly sorry for the shameful way the Church has acted and we state our commitment to listen, to learn and to act in response to the report’s findings. We cannot and will not make excuses and can again offer our sincere and heartfelt apologies to those who have been abused, and to their families, friends and colleagues.----Safeguarding is valuing every person as one who is made in God’s image. It is the prevention of harm, and the promotion of well-being. ‘ 

If you have any concerns regarding Safeguarding please contact, Sue Gray 

Parish Safeguarding Officer  07702219910 

## safeguarding@stpaulschurchbedford.org.uk 

or Wendy Jones  Deputy Parish Safeguarding Officer wpjones87@gmail.com 

## **8 Volunteers** 

The church has traditionally relied on volunteers from within and without the congregation to support its worship by serving, ringing bells, singing in the choir, arranging flowers and operating the sound system, maintaining our outreach by acting as watchers and welcomers so that the church can be open daily, and by staffing its catering, by organising its concerts and fundraising activities and generally making possible the activities outlined in more detail in the appendix. Without their willing and generous contribution, the church could not continue to function in the way it traditionally has. 

Many of those opportunities were not available following the initial lockdown, and the subsequent simplified, Covid secure functioning of the church. We look forward to welcoming our volunteers back as soon as the activities in which they are involved can safely resume, although it is accepted that some may feel unable to continue. 

## **9 Administrative and Governance Information** 

St Paul’s Church is located in St. Paul’s Square, Bedford, MK40 1SQ, which is also the correspondence address. St Paul’s Church is part of the Bedford and Elstow Deanery in the Diocese of Saint Albans within the Church of 



England. The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The Parochial Church Council was registered with the Charity Commission in March 2010 and its registration number is 1134614. 

The method of appointment of PCC members is set out in the Church Representation Rules. Our membership of the PCC consists of the incumbent (the Vicar), Assistant Curate, Churchwardens, readers and members elected by those members of the congregation who are on the electoral roll of the church, to both the PCC and to the Deanery Synod. Currently, the parish is permitted to have 3 representatives on Deanery Synod and 12 elected PCC members. All those who attend our services / members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. The full PCC met six times during the year, once in person, five times virtually,  with an average attendance of 80%. Given its wide responsibilities, the PCC has a number of committees, each dealing with a particular aspect of parish life. These committees, which include the standing and finance, stewardship and fabric committees, are all responsible to the PCC and report back to it regularly. Separate informal groups make recommendations to the PCC on outward giving and develop ideas for fundraising. The reports from committees and groups are set out in the appendix. 

On the basis of the activities described below and in the appendix,  PCC members, as charitable trustees, are satisfied that they have met the requirements of the Charity Commission's guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion.  The PCC is also satisfied that in its arrangements for safeguarding children and vulnerable adults  it has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults). Parochial Church Council members who served from 1[st] January 2020 until the date this report was approved are listed below. The  Annual Parochial Church meeting for 2020 was due to be held in March, but had to be postponed, eventually being held  under the  Bishop’s Parish Meetings (Electronic Participation and Publicity) and Admission of Churchwardens Instrument 2020  on Sunday  11 October 2020. Apart from reimbursement of expenditure on activities undertaken for the benefit of the parish, in 2019 no trustee received any payment from PCC  funds. 



_Unless otherwise stated, members served for the whole year- attendance at full  PCC meetings in brackets._ 

Father Kevin Goss (Chairman)                                                     Vicar (ex officio)(6/6) Father Luke Larner Assistant Curate (from July 2020)(3/3) Clifford Harris                                                                           Reader (ex officio) (5/6) Alison Phillipson Warden In Waiting from March 2020 to APCM, Warden from APCM 2020 (ex officio) (3/4) James Stephenson From APCM 2016, Warden from APCM 2019 (ex officio) Resigned January 2020 (1/1) Florence Bignell    from APCM 2017 Warden from APCM 2019 (ex officio) (6/6) James Beauchamp Reader (ex officio) Deanery Synod Representative from April 207, re elected October 2020 (6/6) Ben Haddock Deanery Synod Representative (re-elected April 2017) to APCM 2020 (ex officio) (2/5) Wendy Jones                              Deanery Synod Representative (elected April 2017, re-elected October 2020)/ PCC Member elected 2018 (5/6) Tom Otley Deanery Synod Representative (from October 2020)(ex officio) (1/1)) Harry Bagnall from APCM 2020 (1/1) Ann Collett-White from APCM 2019(6/6) Alan Dickinson from APCM 2018 (6/6) Veronica Gerig from APCM 2019  Resigned October 2020 (1/5) Sue Gray from  APCM 2017, Re-elected APCM 2020 (6/6) Anne Harris                                        from APCM 2015, re-elected APCM 2018 (5/6) Andrew Lumb from APCM 2019 (2/6) Claire Price from APCM 20917, re-elected APCM 2020 (6/6) Eleanor Sharrock from APCM 2019 (5/6) 



|Malcolm Smith|from APCM 2020|
|---|---|
|(1/1)||
|Kath Unwin|from APCM 2017 Re-elected APCM|
|2020(5/6)||
|Patricia Whittome|from APCM|
|2020(1/1)||
|Rita Brereton|(coopted from July 2019 - October 2020|
|(3/3)||
|The PCC Secretary, appointed May 2015, is Alan Dickinson, who was||
|elected a PCC member at the 2018 APCM.||





# **SUBJECT TO INDEPENDENT EXAMINATION** 

# **The Parochial Church Council of the Ecclesiastical Parish of St Paul, Bedford** 

**(Working Name:  St Paul’s Bedford)** 

## **Financial Statements** 

**Year to 31[st] December 2020** 

**Registered Charity Number 1134614** 



## **The Parochial Church Council of the Ecclesiastical Parish of St Paul, Bedford (Registered Charity Number 1134614)** 

## **Contents of Financial Statements Year ended 31[st] December 2020** 

||**Page**|
|---|---|
|**Independent Examiner’s Report**|**2**|
|**Statement of Financial Activities**|**3**|
|**Balance Sheet**|**4**|
|**Notes to Financial Statements**|**5-12**|



**1** 



## **INDEPENDENT EXAMINER’S REPORT TO THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL, BEDFORD** 

## **Independent Examiner’s Report to the Trustees of The Parochial Church Council of The Ecclesiastical Parish of St Paul, Bedford** 

I report to the Charity Trustees on my examination of the accounts of The Parochial Church Council of the Ecclesiastical Parish of St Paul, Bedford (the Trust) for the year ended 31[st] December 2020. 

## **Responsibilities and Basis of Report** 

As the Charity Trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). 

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

## **Independent Examiner’s Statement** 

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

- 1 accounting records were not kept in respect of the Trust as required by section 130 of the Act;  or 

- 2 the accounts do not accord with those records;  or 

- 3 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. 

I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. 

W R Kingston FCA Chartered Accountant Keens Shay Keens Limited Victoria House 42/44 Shortmead Street Biggleswade SG18 0AP 

Date: …………………………………………………………………. 



## **The Parochial Church Council of the Ecclesiastical Parish of St Paul, Bedford (Registered Charity Number 1134614)** 

## **Statement of Financial Activities Year ended 31[st] December 2020** 

|**Unrestrict**<br>**ed**<br>**Funds**<br>**General**<br>**Fund**<br>**Note£**<br>**Income and Endowments**<br>**from:**<br>Voluntary Income<br>2<br>153,686.40<br>Activities for generating<br>Funds<br>3<br>8,180.52<br>Church Activities<br>4<br>6,825.48<br>Investment Income<br>5<br>78.68<br>**Total**<br>168,771.08<br>**Expenditure on:**<br>Church Activities<br>6<br>164,979.69<br>164,979.69<br>**Net Gain/(Loss) on**<br>**Investments**<br>-<br>**Net Income/(Expenditure)**<br>3,791.39<br>**Transfers between Funds**<br>-<br>Net movement in Funds<br>3,791.39<br>**Reconciliation of Funds**<br>Funds brought forward<br>6,641.79<br>**Funds carried forward**<br>10,433.18<br> **at 31st December 2020**|**Unrestrict**<br>**ed**<br>**Funds**<br>**Designate**<br>**d**<br>**Fund**<br>**Tangible**<br>**Fixed**<br>**Assets**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>28,250.00<br>28,250.00<br>-<br>(28,250.00) <br>-<br>(28,250.00) <br>423,750.00<br>395,500.00|**Restricte**<br>**d**<br>**Funds**<br>**£**<br>9,097.37<br>-<br>577.85<br>-<br>9,675.22<br>24,570.17<br>24,570.17<br>-<br> (14,894.95<br>)<br>-<br> (14,894.95<br>)<br>51,153.22<br>36,258.27|**Endowmen**<br>**t**<br>**Funds**<br>**£**<br>-<br>-<br>-<br>55.09<br>55.09<br>-<br>-<br>126.78<br>181.87<br>-<br>181.87<br>2,767.57<br>2,949.44|**Total**<br>**Funds**<br>**2020**<br>**£**<br>162,783.7<br>7<br>8.180.52<br>7,403.33<br>133.77<br>178,501.3<br>9<br>217,799.8<br>6<br>217,799.8<br>6<br>126.78<br>(39,171.6<br>9<br>)<br>-<br>(39,171.6<br>9<br>)<br>484,312.5<br>8<br>445,140.8<br>9|**_Total_**<br>**_Funds_**<br>**_2019_**<br>**_£_**<br>_164,38_<br>_9_<br>_27,197_<br>_17,061_<br>_189_<br>_208,83_<br>_6_<br>_239.53_<br>_6_<br>_239,53_<br>_6_<br>_290_<br>_(30,41_<br>_0_<br>_)_<br>_-_<br>_(30.41_<br>_0_<br>_)_<br>_514,72_<br>_3_<br>_484,31_<br>_3_|
|---|---|---|---|---|---|





## 3 **The Parochial Church Council of the Ecclesiastical Parish of St Paul, Bedford (Registered Charity Number 1134614)** 

## **Balance Sheet 31[st] December 2020** 

|**Note**<br>**s**<br>**Fixed Assets**<br>Tangible<br>13<br>Investments<br>14<br>**Current Assets**<br>Debtors<br>15<br>Cash at Bank and in Hand<br>16<br>**Current Liabilities**<br>Creditors and Accrued Charges<br>17<br>**Net Current Assets**<br>**Net Assets**<br>**Reserves**<br>Endowment Funds<br>19<br>Restricted Funds<br>20<br>Unrestricted Funds<br>General Fund<br>Tangible Fixed Assets Fund<br>21|**2020**<br>**£**<br>27,972.0<br>4<br>32,369.8<br>5<br>60,341.8<br>9<br>12,663.8<br>8<br>12,663.8<br>8<br>10,433.1<br>8|**£**<br>395,500.<br>00<br>1,962.88<br>397,462.<br>88<br>47,678.0<br>1<br>445,140.<br>89<br>2,949.44<br>36,258.2<br>7<br>405,933.|**_2019_**<br>**_£_**<br>_12,52_<br>_6_<br>_53,94_<br>_7_<br>_66,47_<br>_3_<br>_7,746_<br>_7,746_<br>_6,642_<br>_423,7_|**_£_**<br>_423,75_<br>_0_<br>_1,836_|
|---|---|---|---|---|
|||||_425,58_<br>_6_<br>_58,727_|
|||||_484,31_<br>_3_|
|||||_2,768_<br>_51,153_<br>_430,39_|





|395,500.<br>00|18<br>445,140.<br>89|_50_|_2_|
|---|---|---|---|
||||_484,31_<br>_3_|



## **Approved by the Parochial Church Council on and signed on their behalf by** 

## **Treasurer** 

4 

## **The Parochial Church Council of the Ecclesiastical Parish of St Paul, Bedford (Registered Charity Number 1134614)** 

## **Notes to Financial Statements Year ended 31[st] December 2020** 

## **1 Accounting Policies** 

## **Basis of Preparation** 

The Financial Statements have been prepared in accordance with the Church Accounting Regulations 2006 together with the applicable accounting standards and the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP(FRS102)). 

The  Financial  Statements  have  been  prepared  under  the  historical  cost  convention  except  for the valuation of investment assets and movable church furnishings, which are shown at fair value. 

The Financial Statements include all transactions, assets and liabilities for which the Parochial Church Council is responsible in law. 

## **Funds:** 

_Endowment  Funds_ are  funds,  the  capital  of  which  must  be  maintained,  only  income  arising  from investment of the endowment may be used either as restricted or unrestricted funds depending on the purpose for which the endowment was established. 

## _Restricted Funds_ represent: 

- a income  from  trusts  or  endowments  which  may  be  expended  only  on  those  restricted  objects provided for in the terms of the trust or bequest, and 

- b donations or grants received for a specific object or invited by the Parochial Parish Council for a specific object. 

The funds may only be expended on the specific object for which they were given.  Any balance remaining at the end of the year must be carried forward as a balance on that fund.  The Parochial Church Council does not usually invest separately for each fund.  Where there is no specific investment, interest is apportioned to individual funds or as directed by the Parochial Church Council. 

## _Unrestricted Funds_ represent: 

The remaining income funds of the Parochial Church Council that are available for spending on the general  purposes  of  the  Parochial  Church  Council,  including  amounts  designated  by  the  Parochial Church Council for fixed assets for its own use or for spending on a future project and which are therefore not included in its “free reserves” as disclosed in the Trustees’ Report. 



## **Incoming Resources:** 

Planned giving, collections and donations are recognised when received.  Tax refunds are recognised when the incoming resource is received, or expenditure incurred, to which they relate.  Grants and legacies are accounted for when the Parochial Church Council is legally entitled to the amounts due. Dividends are accounted for when receivable, interest and tax recoverable is accrued.  All other income is recognised when it is received.  Amounts received specifically for outside mission are dealt with as restricted funds. 

## **Resources Expended:** 

Grants and donations are accounted for when they are paid over, or when awarded, if the award creates a binding and constructive obligation on the Parochial Church Council.  The diocesan parish share is accounted for when due.  All other expenditure is generally recognised when it is incurred. 

## **Fixed Assets:** 

Consecrated and benefice property of any kind is excluded from the accounts by the Charities Act 2011. 

Movable church furnishings, held by the vicar and churchwardens on special trust for the parish have been capitalised at fair value as at 1[st] January 2015, being the date of adoption of SORP(FRS102), and depreciated over their useful economic life.  Depreciation is calculated to write off the capitalised value at the rate of 5% per annum. 

## **Investments:** 

Investments quoted on a recognised stock exchange or whose value derives from them are valued at market value at the year end. 

5 

## **The Parochial Church Council of the Ecclesiastical Parish of St Paul, Bedford (Registered Charity Number 1134614)** 

## **Notes to Financial Statements Year ended 31[st] December 2020** 

|**Not**<br>**e**<br>**2**<br>**Donations and Legacies**<br>Congregation Giving<br>Standing Orders<br>Weekly Envelopes<br>Other Gift Aided Donations<br>Total Gift Aided Giving<br>Other Cash Collections<br>Donations via CAF<br>Donations Organ Recitals<br>Other Donations<br>Donations for Outward<br>Giving<br>Gift Aid receivable<br>Donations via Pyramid<br>Community Giving<br>Friends of St Paul’s<br>Dorothy Porter Trust|**Unrestrict**<br>**ed**<br>**Funds**<br>**General**<br>**Fund**<br>**£**<br>46,779.00<br>13,116.02<br>22,007.65<br>81,902.67<br>6,161.00<br>1,815.01<br>474.36<br>90,353.04<br>331.10<br>54.03<br>12,609.99<br>1,637.50<br>2,498.80<br>26,430.31|**Unrestrict**<br>**ed**<br>**Funds**<br>**Designate**<br>**d**<br>**Fund**<br>**Tangible**<br>**Fixed**<br>**Assets**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|**Restricte**<br>**d**<br>**Funds**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>832.23<br>-<br>-<br>3,265.04<br>-|**Endowmen**<br>**t**<br>**Funds**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|**Total**<br>**Funds**<br>**2020**<br>**£**<br>46,779.00<br>13,116.02<br>22,007.65<br>81,902.67<br>6,418.54<br>1,815.01<br>474.36<br>90,353.04<br>331.10<br>886.41<br>12,609.99<br>1,637.50<br>5,763.84<br>26,430.31|**_Total_**<br>**_Funds_**<br>**_2019_**<br>**_£_**<br>_44,486_<br>_20,612_<br>_8,216_|
|---|---|---|---|---|---|---|
|||||||_73,314_<br>_6,419_<br>_-_<br>_840_|
|||||||_80,573_<br>_1,928_<br>_783_<br>_19,644_<br>_6,605_<br>_18,067_<br>_-_|





**6** 

|Pastoral Assistant Fund<br>Other Trusts and Grants<br>Govt Job Retention Scheme<br>Other Govt Covid Funding<br>VAT Recoveries<br>**3**<br>**Charitable Activities**<br>May Market<br>Autumn Market<br>Hiring Charges<br>Christmas Tree Festival<br>Christmas Charities Market<br>Antique Fairs<br>Other Fundraising Events|-<br>4,288.50<br>7,528.08<br>7,800.00<br>155.00<br>153,686.40<br>-<br>-<br>3,249.66<br>2,399.55<br>-<br>1,751.00<br>780.31<br>8,180.52|-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|5,000.00<br>-<br>-<br>-<br>-<br>9,097.37<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|5,000.00<br>4,288.50<br>7,528.08<br>7,800.00<br>155.00<br>162,783.7<br>7<br>-<br>-<br>3,249.66<br>2,399.55<br>-<br>1,751.00<br>780.31<br>8,180.52|_30,045_<br>_5,627_<br>_-_<br>_-_<br>_1,117_|
|---|---|---|---|---|---|---|
|||||||_164,38_<br>_9_|
|||||||_1,036_<br>_664_<br>_11,700_<br>_8,338_<br>_888_<br>_4,571_<br>_-_|
|||||||_27,197_|



## **The Parochial Church Council of the Ecclesiastical Parish of St Paul, Bedford (Registered Charity Number 1134614)** 

## **Notes to Financial Statements Year ended 31[st] December 2020** 

||||**Unrestrict**||||||
|---|---|---|---|---|---|---|---|---|
||||**ed**||||||
|||**Unrestrict**|**Funds**||||||
|||**ed**|**Designate**||||**Total**|**_Total_**|
|||**Funds**|**d**||**Restricte**|**Endowmen**|**Funds**|**_Funds_**|
|||**General**|**Fund**||**d**|**t**|**2020**|**_2019_**|
|||**Fund**|**Tangible**||**Funds**|**Funds**|||
||||**Fixed**||||||
||||**Assets**||||||
|||**Note £**|**£**||**£**|**£**|**£**|**_£_**|
|**4**|**Church Activities**||||||||
||Lunchtime Concerts|2,543.70||-|-|-|2,543.70|_4,789_|
||Sales Income:||||||||
||Votive Candles|436.95||-|-|-|436.95|_1,205_|
||“Spire” Magazine|885.81||-|-|-|885.81|_524_|
||Guide Books|36.15||-|-|-|36.15|_215_|
||Cards etc|212.45||-|-|-|212.45|_358_|
||Catering Income:||||||||
||Saturday Teas|626.20||-|-|-|626.20|_2,560_|
||Sunday Cofee|134.96||-|-|-|134.96|_671_|
||Tuesday Lunches|589.30||-|-|-|589.30|_2,215_|
||General Parish Catering|93.40||-|-|-|93.40|_157_|
||Saturday Cofee|-||-|577.85|-|577.85|_2,677_|
||(Outreach)||||||||





|Miscellaneous Income<br>Insurance Claims<br>**5**<br>**Investment Income**<br>**6**<br>**Church Activities Costs**<br>Salaries and Fees<br>7<br>Ofce Costs<br>8<br>Other Costs<br>9<br>Independent Examiner’s<br>Fee<br>Special Projects<br>10<br>Outreach<br>11<br>**7**<br>**Salaries and Fees**<br>Wages, salaries and fees<br>Pension Contributions|-<br>1,266.56<br>6,825.48<br>76.68<br>26,686.65<br>34,260.09<br>66,063.71<br>1,500.00<br>36,469.24<br>-<br>164,979.69<br>25,725.66<br>960.99<br>26,686.65|-<br>-<br>-<br>-<br>-<br>28,250.00<br>-<br>-<br>-<br>-<br>28,250.00<br>-<br>-<br>-|-<br>-<br>577.85<br>-<br>17,174.93<br>584.48<br>-<br>-<br>5,770.00<br>1,040.76<br>24,570.17<br>17,174.93<br>-<br>17,174.93|-<br>-<br>-<br>55.09<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|-<br>1,266.56<br>7,403.33<br>133.77<br>43.861.58<br>63,094.57<br>66,063.71<br>1,500.00<br>42,239.24<br>1,040.76<br>217,799.8<br>6<br>42,900.59<br>960.99<br>43,861.58|_1,690_<br>_-_|
|---|---|---|---|---|---|---|
|||||||_17,061_|
|||||||_189_|
|||||||_47,518_<br>_96,711_<br>_88,636_<br>_1,440_<br>_-_<br>_5,231_|
|||||||_239,53_<br>_6_|
|||||||_45,423_<br>_2,095_|
|||||||_47,518_|



||**2020**|**_2019_**|
|---|---|---|
|The average number of Staf employed by the Parochial Church Council|||
|during the fnancial year was:|**No**|**_N_**|
|||**_o_**|
|Total|4|_4_|
||**£**|**_£_**|
|Remuneration of Ofcials|-|_-_|



**7** 

## **The Parochial Church Council of the Ecclesiastical Parish of St Paul, Bedford (Registered Charity Number 1134614)** 

## **Notes to Financial Statements Year ended 31[st] December 2020** 

||||**Unrestrict**||||||
|---|---|---|---|---|---|---|---|---|
||||**ed**||||||
|||**Unrestrict**|**Funds**||||||
|||**ed**|**Designate**||||**Total**|**_Total_**|
|||**Funds**|**d**||**Restricte**|**Endowmen**|**Funds**|**_Funds_**|
|||**General**|**Fund**||**d**|**t**|**2020**|**_2019_**|
|||**Fund**|**Tangible**||**Funds**|**Funds**|||
||||**Fixed**||||||
||||**Assets**||||||
|||**£**|**£**||**£**|**£**|**£**|**_£_**|
|**8**|**Ofce Costs**||||||||
||Gas, Electricity and Water|8,606.42||-|-|-|8,606.42|_13,096_|
||Insurance|5,827.99||-|-|-|5,827.99|_7,481_|
||Janitorial Materials|1,572.90||-|-|-|1,572.90|_858_|
||Ofce Expenditure|3,766.27||-|-|-|3,766.27|_7,622_|
||Bank Service Charges|541.70||-|115.71|-|657.41|_766_|
||General Repairs|965.88||-|-|-|965.88|_25,512_|
||Computer Costs|2,226.76||-|-|-|2,226.76|_1,935_|
||Alarm System Costs|2,167.91||-|468.77|-|2,636.68|_-_|





|Depreciation of Tangible Assets<br>Advertising and Promotional<br>Costs<br>Telephone<br>Clergy Expenses<br>Accountancy Fees<br>Professional Fees<br>Fundraising Costs<br>Broadband and Hosting<br>**9**<br>**Other Expenditure**<br>Education Costs<br>Miscellaneous Costs<br>Music Costs<br>Organ and Piano Tuning<br>Diocesan Parish Share<br>Diocesan Fees for Services<br>Sacristy Costs<br>Catering Costs<br>Antique Fair Costs<br>Licensing Costs<br>Donations<br>Cost of Items Sold<br>Flower Fund Payments<br>**10**<br>**Special Projects**<br>New lighting Alexander Room<br>Roof walkway<br>Enhancements to Sound System<br>Water leak detection and repair<br>Repairs to Barnard Cross<br>Choir lighting project<br>Report on structure of tower<br>Report on pinnacles & South<br>side<br>Repairs to railings<br>Sacristy foor sealing<br>Acrylic screen for Covid<br>protection<br>Moving organ blower<br>Equipment for streaming<br>services|-<br>257.81<br>895.16<br>3,205.14<br>2,723.80<br>-<br>425.73<br>1,076.62<br>34,260.09<br>434.52<br>515.49<br>459.52<br>940.97<br>59,093.00<br>1,117.00<br>1,606.56<br>537.33<br>449.20<br>655.12<br>255.20<br>-<br>-<br>66,063.71<br>2,256.00<br>638.37<br>796.80<br>2,249.16<br>13,512.00<br>5,515.91<br>1,505.04<br>6,769.20<br>835.03<br>864.00<br>117.73<br>-<br>1,410.00<br>36,469.24|28,250.00<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>28,250.00<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>**8**|-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>584.48<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>5,770.00<br>-<br>5,770.00|-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|28,250.00<br>257.81<br>895.16<br>3,205.14<br>2,723.80<br>-<br>425.73<br>1,076.62<br>63,094.57<br>434.52<br>515.49<br>459.52<br>940.97<br>59,093.00<br>1,117.00<br>1,606.56<br>537.33<br>449.20<br>655.12<br>255.00<br>-<br>-<br>66,063.71<br>2,256.00<br>638.37<br>796.80<br>2,249.16<br>13,512.00<br>5,515.91<br>1,505.04<br>6,769.20<br>835.03<br>864.00<br>117.73<br>5,770.00<br>1,410.00<br>42,239.24|_28,250_<br>_281_<br>_549_<br>_3,801_<br>_3,824_<br>_1,978_<br>_-_<br>_758_|
|---|---|---|---|---|---|---|
|||||||_96,711_|
|||||||_1,292_<br>_1,661_<br>_3,920_<br>_1,530_<br>_73,251_<br>_199_<br>_1,443_<br>_1,518_<br>_1,948_<br>_-_<br>_1,009_<br>_594_<br>_271_|
|||||||_88,636_|
|||||||_-_<br>_-_<br>_-_<br>_-_<br>_-_<br>_-_<br>_-_<br>_-_<br>_-_<br>_-_<br>_-_<br>_-_<br>_-_|
|||||||_-_|
||||||||



## **The Parochial Church Council of the Ecclesiastical Parish of St Paul, Bedford (Registered Charity Number 1134614)** 

**Notes to Financial Statements Year ended 31[st] December 2020** 

||**Unrestrict**|||||
|---|---|---|---|---|---|
||**ed**|||||
|**Unrestrict**|**Funds**|||||
|**ed**|**Designate**|||**Total**|**_Total_**|
|**Funds**|**d**|**Restricte**|**Endowmen**|**Funds**|**_Funds_**|
|**General**|**Fund**|**d**|**t**|**2020**|**_2019_**|
|**Fund**|**Tangible**|**Funds**|**Funds**|||
||**Fixed**|||||
||**Assets**|||||
|**£**|**£**|**£**|**£**|**£**|**_£_**|





## **11 Outreach Donations** 

|**1**Collections taken at Tuesday<br>Concerts<br>-<br>**2**Retiring Collections for specifc<br>purposes:<br>Lent Services – Bunyan<br>Meeting<br>-<br>The Bishop’s Harvest Appeal<br>-<br>-<br>**3**Funds raised by the Outreach<br>Committee<br>Memo – Pastoral Work within the<br>Parish<br>-<br>Christian Aid DEC Appeal<br>-<br>College of the Transfguration<br>-<br>Swaziland Schools Project<br>-<br>-<br>Total distributed during the Year<br>-|-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|-<br>69.94<br>255.70<br>325.64<br>-<br>200.00<br>215.12<br>300.00<br>715.12<br>1,040.76|-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|-<br>69.94<br>255.70<br>325.64<br>-<br>200.00<br>215.12<br>300.00<br>715.12<br>1,040.76|_-_|
|---|---|---|---|---|---|
|||||||
||||||_1,631_|
||||||_-_|
|||||||
||||||_3,600_|
|||||||
||||||_5,231_|



**The Parochial Church Council of the Ecclesiastical Parish of St Paul, Bedford (Registered Charity Number 1134614)** 

**Notes to Financial Statements Year ended 31[st] December 2020** 

**12 Comparatives for the Statement of Financial Activities** 

**Unrestrict Unrestricte ed d Funds Total Funds Designate Restricte Endowmen Funds** 

9 



|**Income and Endowments from:**<br>Voluntary Income<br>Activities for Generating Funds<br>Church Activities<br>Investment Income<br>**Total**<br>**Expenditure on:**<br>Church Activities<br>**Net Gain/(Loss) on Investments**<br>**Net Income/(Expenditure)**<br>**Transfer between Funds**<br>Net movement in Funds<br>**Reconciliation of Funds**<br>Funds brought forward<br>**Funds carried forward**|**General**<br>**Fund**<br>**£**<br>109,967.11<br>26,239.95<br>13,920.96<br>189.18<br>150,317.20<br>157,978.08<br>157,978.08<br>-<br>(7,660.88)<br>-<br>(7,660.88)<br>14,302.67<br>6,641.79|**d**<br>**Fund**<br>**Legacy**<br>**Fund**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>28,250.00<br>28,250.00<br>-<br>(28,250.00)<br>-<br>(28,250.00)<br>452,000.00<br>423,750.00|**d**<br>**Funds**<br>**£**<br>54,421.89<br>957.13<br>3,140.34<br>-<br>58,519.36<br>53,308.08<br>53,308.08<br>-<br>5,211.28<br>-<br>5,211.28<br>45,941.94<br>51,153.22|**t**<br>**Funds**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>289.58<br>289.58<br>-<br>289.58<br>2,477.99<br>2,767.57|**2019**<br>**£**<br>164,389.0<br>0<br>27,197.08<br>17,061.30<br>189.18<br>208,836.5<br>6<br>239,536.5<br>6<br>239,536.5<br>6<br>289.58<br>(30,410.02)<br>-<br>(30,410.02)<br>514,722.6<br>0<br>484,312.5<br>8|
|---|---|---|---|---|---|



**The Parochial Church Council of the Ecclesiastical Parish of St Paul, Bedford (Registered Charity Number 1134614)** 

**10** 

**Notes to the Financial Statements** 



**Year ended 31[st] December 2020** 

## **13 Tangible Fixed Assets** 

|Cost or Valuation<br>At 1stJanuary 2020 and 31stDecember 2020<br>Depreciation<br>At 1stJanuary 2020<br>Charge for the Year<br>At 31stDecember 2020<br>Net Book Value<br>At 31stDecember 2020<br>At 31stDecember 2019|**Movable**<br>**Church**<br>**Furnishin**<br>**gs**<br>**£**<br>565,000.0<br>0<br>141,250.0<br>0<br>28,250.00<br>169,500.0<br>0<br>395,500.0<br>0<br>423,750.0<br>0|**Total**<br>**£**<br>565,000.0<br>0|
|---|---|---|
|||141,250.0<br>0<br>28,250.00|
|||169,500.0<br>0|
|||395,500.0<br>0|
|||423,750.0<br>0|



The  movable  church  furnishings  are  shown  at  cost  (£565,000)  which  is  the  deemed  cost  under SORP(FRS102) transitional provisions, under which the valuation as at 1[st] January 2015 is applied to assets extant at that date. 

|**14**<br>**Investments**<br>Endowment Fund<br>Investment at Fair Value<br>Investments consist of funds invested in the CBF Church of England<br>Investment<br>Fund.  The holding at 31stDecember 2020 was 96 shares<br>which cost £100.<br>**15**<br>**Debtors**<br>Debtors<br>Gift Aid recoverable<br>**16**<br>**Deposits, Bank and Cash Balances**<br>CBF Deposit Fund<br>Bank Accounts<br>Current Account<br>Outreach Committee Account<br>Cash in Hand<br>**17**<br>**Creditors: (falling due within one year)**<br>General Creditors and Accruals|**Total**<br>**Funds**<br>**2020**<br>**£**<br>1,962.88<br>27,751.73<br>220.31<br>27,972.04<br>18,606.37<br>12,602.17<br>1,161.31<br>-<br>32,369.85<br>12,663.88|**_Total_**<br>**_Funds_**<br>**_2019_**<br>**_£_**<br>_1,836_|
|---|---|---|
|||_9,671_<br>_2,855_|
|||_12,526_|
|||_18,528_<br>_34,264_<br>_1,106_<br>_49_|
|||_53,947_|
|||_7,746_|





11 

## **The Parochial Church Council of the Ecclesiastical Parish of St Paul, Bedford (Registered Charity Number 1134614)** 

## **Notes to the Financial Statements Year ended 31[st] December 2020** 


**----- Start of picture text -----**<br>
Movement in Resources<br>Balance Change Balance<br>**----- End of picture text -----**<br>


|**1st**<br>**January**<br>**Incoming**<br>**Outgoing**<br>**Transfer**<br>**s**<br>**£**<br>**£**<br>**£**<br>**£**<br>**18**<br>**Endowment Funds**<br>Chancel Fund<br>Original Endowment<br>1,299.00<br>-<br>-<br>-<br>Accumulated Income<br>1,468.57<br>181.87<br>-<br>-<br>2,767.57<br>181.87<br>-<br>-<br>**19**<br>**Restricted Funds**<br>Alarm Fund<br>468.77<br>-<br>468.77<br>-<br>Bell Ringers Fund<br>1,582.00<br>50.00<br>-<br>-<br>Building Repairs Fund<br>3,070.74<br>-<br>-<br>-<br>Choir Robes Fund<br>186.95<br>-<br>-<br>-<br>Choral Scholarship Fund<br>10,432.56<br>-<br>-<br>-<br>Clergy Robes Fund<br>-<br>3,265.04<br>-<br>-<br>Clock Fund<br>2,895.81<br>-<br>-<br>-<br>Education Fund<br>86.29<br>-<br>-<br>-<br>Fabric Projects Fund<br>5,429.35<br>-<br>4,770.00<br>-<br>Fellowship Lunches Fund<br>959.92<br>-<br>-<br>-<br>Flower Fund<br>229.20<br>-<br>-<br>-<br>Music Fund<br>4,370.02<br>-<br>1,000.00<br>-<br>New Chairs<br>147.60<br>-<br>-<br>-<br>Organ Scholar Fund<br>2,526.97<br>-<br>-<br>-<br>Pastoral Assistant/Verger<br>Fund<br>12,174.93<br>5,000.00<br>17,174.93<br>-<br>Peter and Paul Statues<br>Fund<br>875.00<br>-<br>-<br>-<br>Servers Robes Fund<br>2,089.51<br>-<br>-<br>-<br>Staging Fund<br>2,670.00<br>-<br>-<br>-<br>Outreach Fund - restricted<br>element<br>957.60<br>1,360.18<br>1,156.47<br>-<br>51,153.22<br>9,675.22<br>24,570.17<br>-<br>**20**<br>**Unrestricted Funds**<br>General Fund<br>6,641.79<br>168,771.0<br>8<br>164,979.6<br>9<br>-<br>Designated Fund –<br>Tangible<br>Fixed Assets<br>423,750.0<br>0<br>-<br>28,250.00<br>-<br>430,391.7<br>9<br>168,771.0<br>8<br>193,229.6<br>9<br>-<br>**21**<br>**Summary of Assets by Fund**<br>**Unrestricte**<br>**d Funds**<br>**General**<br>**Fund**<br>**Unrestrict**<br>**ed Funds**<br>**Designate**<br>**d**<br>**Fund**<br>**Tangible**<br>**Fixed**<br>**Assets**<br>**Restricte**<br>**d Funds**|**during**<br>**Year**<br>**£**<br>-<br>181.87<br>181.87<br>(468.77)<br>50.00<br>-<br>-<br>-<br>3,265.04<br>-<br>86.29<br>(4,770.00)<br>-<br>-<br>(1,000.00)<br>-<br>-<br>(12,174.93)<br>-<br>-<br>-<br>203.71<br>(14,894.95)<br>3,791.39<br>(28,250.00)<br>(35,910.88)<br>**Endowmen**<br>**t**<br>**Funds**|**31st**<br>**December**<br>**£**<br>1,299.00<br>1,650.44|
|---|---|---|
|||2,949.44|
|||-<br>1,632.00<br>3,070.74<br>186.95<br>10,432.56<br>3,265.04<br>2,895.81<br>86.29<br>659.35<br>959.92<br>229.20<br>3,370.02<br>147.60<br>2,526.97<br>-<br>875.00<br>2,089,51<br>2,670.00<br>1,161.31|
|||36,258.27|
|||10,433.18<br>395,500.00|
|||405,933.18|
|||**Total**<br>**Funds**<br>**2020**|





|Tangible Fixed Assets<br>Investment Fixed Assets<br>Current Assets<br>Liabilities|**£**<br>-<br>-<br>23,097.06<br>(12,663.88)<br>10,433.18|**£**<br>395,500.00<br>-<br>-<br>-<br>395,500.00|**£**<br>-<br>-<br>36,258.27<br>-<br>36,258.27|**£**<br>-<br>1,962.88<br>986.56<br>-<br>2,949.44|**£**<br>395,500.00<br>1,962.88<br>60,341.89<br>(12,663.88)<br>445,140.89|
|---|---|---|---|---|---|



12 



The Parochial Church Council of the
Ecclesiastical Parish of
St Paul, Bedford
(Working Name: St Paul's Bedford)
Financial Statements
Year to 31•t December 2020
Registered Charity Number 1134614

The Parochial Church Councll of the Ec¢le8lastlcal Parish of St Paul, Bedford
(R8gistergd Charlty Number 1134614)
Contsn¢8 of FlnarKlal Statements
Year ended 31* Decembbr 2020
Pa9•
Indopend?nt Examln•r'• R•port
8tat•m•nt ol Fln•ncl•l Actlvltl
Balanc• 8heet
Notss to Fln•n¢lal Stat•mgnt•
6.12

INDEPENDENT EXAMINER'S REPORT TO
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL. BEDFORD
Independent Exarniner's Report to the Trustees of The Parochial chU￿h Counc51 of The Ecclesiastical Parlsh
of St Paul, Bedford
I report lo the Charity Trustees on my examinalioTr of the accounts of The Parochial Church Council of the
Ec¢lesi*sti¢al Parish of St Paul. 8edford Ilhe Trust) for the year ended 31￿ December 2020.
Respon$lbllltles and Basis of Report
As the Charity Trustees of the Trust you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 20111.lhe Acl'l.
I report in respect of my examination of the Trust's accounts carried out under se¢tion 145 01 the Act and in carrying
out my examination I have followed all applicable Directions given by the Charity Commission under section 14515llbl
of the Act.
Independent Examiner's Staterngnt
have compleled my examination. l eonfirm Ihal no material matters have come lo my attention In connection with
the examination giving me cause to believe that in any material respect-.
accounting records were not kept in respect of the TrLisI as required by section 130 of the Act.. or
the accounts do not accord with those records", or
the accounts do not comply with the applicable iequiremenls concerning the form and ¢onlent ofac¢ounis
set out in the Charities IAccounls and Reportsl Regulations 2008 other than any requirement thai the
accounts give a true and fairview which is not a matter considered as part ofan Independent examination.
I have no concerns and have come across no other matters in connection wilh Ihe examination to which attention
should be drawn in this rgport in order to enable a proper underslanding of the accounts to be ￿aChed.
W R Kingston FCA
Chartered Accountant
Keens Shay Keens Limited
v￿oria House
4144 Shortmead Street
B￿gleSwade
SG18 OAP
2oLI

The Parochlal Church Councll of tho Eccl•slastlcal Parlsh of St Paul. Bedford
{Rogl8terod Charlty NuM￿r 1134614)
Statèmènt of Flnanelal Act1¥￿185
Year ended 31* Ds¢ember 2020
Unwtrlct•d
Funds
Urng8trlet•d DMlynat•d
Funds
Fund
Total
G•neral
Tanglb
R•Jlrlct•d Endowm•nt Fund•
Fund
Flx•d A8•8ts Funds
Funds
2020
Total
Funds
X119
Incom• arKI End0￿￿nI$ frtyn:
Voluntary Incom•
fcf g￿erating Funts
153,686.40
9,Ce7.37
182.783.77 164,389
8,180 52
8.180.52 27, 197
Churth Activit'es
6,825.48
577.85
7.403.33 17,061
Invesbnenl In¢￿Tre
78.68
55.09
133.77
Tot•1
168.771 08
9.675 22
55.09 178,501.39 208,836
Expondliur• on:
Church Acb'vSti08
164,979 89
28,2XJ Q) 24.570.17
217,799 86 239 530
164.979 89
28,2¥).LKJ 24,570.17
217,799.e6 239,536
N•t Galn4LoM} ¢)n Invo•tm•nts
128.78
128.78
290
Not Incoffl•llExp•ndltur•l
3.79139
(28,21￿￿} {14,894.95
181.87 139,171.891 (30,410)
Trnn•f•rn b•trAY•n Fund•
Net movement In Fund8
3.79139
I28,2￿.0)I 114.894.951
181.87 139.171.691 (30.410)
Roconclllatlon of Fund•
Funds brought f¢Jrward
6,641 79
423,750.00 $1.153.22
2.767.57 484,312.S8 S14,723
Funds carrl•d forward
at 311t Oec•mber 2020
10.413 18
395,￿￿.￿) 36,258.27
2,949.44 445,140.89 484,313

Tho Parochlal Church Councll of the Ec¢le8la8ll¢al Parlsh of St Paul. 8odford
IRegl8t•rnd Charlty Number 1134614)
Balan￿ Sheèt
314t Oec•mber 2020
2020
2019
Flx•d A88•1•
T8ngible
13
39S,W.OJ
423.750
Investments
14
I,￿2.88
1.836
Curront A8••t•
397.462.88
42&586
Debtorg
15
27.9T2.04
12,526
Cash al Bank arvj in Hand
16
32,W.85
53,941
60.341 89
66,473
cUrr￿t Ll•bllltl••
Creditors ond Attnjed Charges
17
12.883.88
T, 746
12.863.88
7, 746
N•t Curr•nt A•wts
47,678.01
58, 727
Not A•••ts
445.140.89
484,313
R•8•rv•
End￿mont Fun
19
2.949.44
2, 768
Reslrfcted Fur¥J8
38.2&8.27
51,1
Unre61rkted F￿)d*
General FLmd
Tangible Fixed A880ts F￿)d
21
10,413.18
395 ¥)0 CQ 405.933 18
6.642
423 750 430.392
445,140 89
484,313
Appro¥•d by th• P•rochlal Church Coun¢ll on
and 8Sgned on th￿r behalf by
Treasurer

The Paro¢hl•l Church Councll of tho Ecclo8la8tleAI Par18h of St Paul. Bodfo
IRègl8ternd Charlty Numbgr 11346141
Not•• to Flnanclal Ststsments
Year ended 311t Doc•M￿r 2020
A¢countlry Polklets
Ba818 of Preparntk>n
The Flnancial stst￿ents have teen prepargj in acC￿rte wth Church Aca)unting Regulations 20C6 tegether
with the applicable acuJuntiThJ staThJarts 8nd th& Ststwl￿Trt ol ReeofftneThl&J Prar*ce, kn￿nting and Reporting by
Charits"&$ ISORPIFRS10211.
Th8 Finawal Statements have pyred underthe histc￿"¢* costc1￿1￿ ex¢gpt forth& valuatKJn ofinvgstmenl
assets and rnova￿a church lumishing5, vknKh are slThm * fail value.
The Financial Statements indude all ￿￿￿"On$, a85ets and kth"lib"es for Ihe Parith'al Church Coundl Is
pon8ible in law.
FundB:
Endowm&nl Funds aro funtjs, the Capit￿ cl musl bg LYAY tnc(4no 8ri8ing frcffi invoslmonl ol the
endowmènt may be used thr as restrk#ed or Unrestri￿ad leper￿ing on tho purpose for ond¢)wmonl
was e8lablish8d.
R&stricl8d Fur￿$ represgnl..
incorne from twst8 e( end0￿ents thch may bo eXp￿d8d th on th080 reitrKtsd oL¥ecas provK1od lor In th8
terms ol Ihe IN81 or beq￿$t. and
donation8 or granis rKeive<l for a sptrfift obj'ect or invrted by thè Parcthial Parish Coundl for a speufic cbjecl.
Tho fvnds may only be exFeThJed on the SFrfik obJeo# lor *thich they were gven. Any bdance remaining at the en¢ of
th& year musl be t7rri&J fowrd as a b*rts on ihat fijnd. The Parochial Church Counol does not usually In￿$1
88par8tely for each fijnd. there 18 no specafic investrnenL interest is appryb'(Thd to itK1ividual fund5 or a$ dirocted
by the Pèroch81 Church Ctyj￿1.
Untv$lr¢t6d Funds r•present
Thè remaining Income funds olthe Parc¢Nal Council Ihat are avaAatrJ• lor 8P*Kling on the genwal purptsses of
the Parochlal Chuf¢h Cwncil. ind¢JJing arnounts d8sKJnat•J by the Paro¢ho1 Church Council for fixed ass6ts for its 01
use or lor sp8nding on a fvture prqect and vthich are thw•lore not indu(1od in it8.free reserye8' 88 di8do8eil in th?
Tru5te98' Report.
Ineomlng Rnourc••:
Planned givlng. ￿lO¢bon6 and donation81re recogTh8ed*twi recaved. Tw rdundsaref•cognisedvthen tho inconlng
rèsour&8 is recelved, cf expendibjre incJJrr•d, to v*￿Ch Ihty relaie. Grant8 and legac4.es are accounlgd lor the
Parochial Church Council is leg81ty enlilJ&J to Ihe amounts due. Dmdends are aC￿nted for vthen receivable, intero$t
and tax recoverabJ& is accrued. All other irwY* is 1¢ is ree4NthJ. AJThJJnt8 reco￿81 speofic8lly for
outslde mi$*'on are as restrioled fvnds.
Rwour¢•• Expend•d:
Grants and donations xcounted lorwhen th￿ are paid ovw. C¥¥h￿ aw8rd8d, rf Ihe wafd ￿ndlrrfJ
constru￿1Ve obligat'on on th8 Parochial Church Courril. Th& th'trxan parKsh shaff¥ is lor when due. All
other ex￿t¥ll1urt ¢8 generdly rKognised w￿n it 1$ in0jrr￿.
Flxed As•¢t•:
Ctsn8ecTaled and l)enefice prcferty of any kind 15 exdLKlgJ from the acwnts by the Charities Act 2011.
Movable church fvrnishings, F*ld ty ihe and thurchwardens speaal trust for the parish have been c8r4'181ised
t lair value as at 1￿ January 2015, bwng the dale of adow'on of SORPIFRS1021, and depfecialed over their usefijl
g¢onornic life. L)eWeCi8tw￿ is c8kuL8ted to ￿lte off Ihe cath11￿ vakn at Fat& of 5% ¥MUm.
Inv•8tm•nts:
Inv$slments qU￿8d cffl a reccgnlsed stock excharvJe cf Val￿ dorives Irom Ihem are valu&J at market valu8 at
Ihe year end.

Th• P•rDchl•l Church Councll of th• Eccl••i•Btlcal Parlsh of St Plul. Bodford
IR•giBt•rnd Charlty NUrn￿r 11346141
Not•• to Fbn•nd•l Slatsm•nl¥
YMr •ndod 31* DKwb•r 2020
UnreBtslct•d
Fund
Unrestrl¢t•d Oe8bgnat•d
Funds
Fund
Total
Gènernl
Tanglble
Restrlcted Endowm•nt Fund•
Fw
FLx•d As•8ts Fund•
Funds
2020
Mots £
Total
Funds
2019
Donatlon• and L•gaclo•
Congregation Gi*in9
Stsnding Orders
Weekly Envelcpes
Olher Grfl Oon*
46,779.
13.116.02
22.L￿.65
46,779.1)) 44,486
13,116.02 20,612
22.W7.65
42Y6
81,902.87 73,314
6,181.00
6,419
1,815.01
474.36
Total Gift Aded GNing
other Cash Collectt'onB
Don8bcY)$ wa ChF
DonaticfiB Organ Redtsls
81,gY2.67
6.161.OJ
1,815.01
474.38
gJ,3&3.04
331.10
90,353.04 80,573
331.10
1.928
886.41
783
12,6CQ.99 19,644
I,e37.50
6,605
Ot￿r DOna￿C￿5
Donations for Outrffjrd Gmng
Glft ￿'d reC￿Vabl8
Donatio￿ wa Pyf8mbJ
Cornmunity Givirrfj
Friands of St Poul'8
D¢rotty Porter Trust
Paslord A$￿Stant Fun
Other Trusts and Grants
Govi Job Retenti￿ Scheme
Other Govt CovbJ FuThJiThJ
VAT Re¢overSe8
832.23
12.6￿.99
1.837.$0
2.498.80
26.43).31
3,285.04
5,763.84 18,007
26,430.31
S,000.cKJ 30,045
4,288 50
5,627
7.528.08
7,800.00
155.(X)
1,117
162,783.77 164,389
S.¢XQ
4.288 $0
7,S28.08
7,WJ.C(J
155.IX)
153,e*96.40
9.CVè7.37
Charftsblo Actlvltl••
May Market
Autumn Markfjt
Hlriro Charges
Chri8trna6 Tr¢e Festival
Christrnas Chwltie$ Mathet
Antiquè F*rs
Otror F(ThJrar6ing Events
1,036
664
3,249,88 11. 7
2.399.55
8,338
3.249.e6
2.399.55
1,751.L))
7eo.31
8.180 $2
1,751.00
780.31
8,180.52 27, t97
4,571

The Parochlal Church Council of the Ecclo8lasllcal Parl8h of St Paul, Bgdford
IRegl$tsred Charlty Nurn￿r 11346141
Notgts to Flnanclal Ststsmlnts
Y•*r ended 314t D8¢wnb0r 2020
Unr•sirfctod
F￿d$
Unr•strl¢t•d tYeslgn•led
FundB
F￿d
Tot41
Genqral
Tanglblg
ReBtrlct•d Endowmont FundB
F￿)d
Flx•d A*￿tr Fundb
Fund•
2020
Total
Funds
ZQ19
Chyr¢h A¢tlvltl6•
Lunthts'me Concorts
Sales Ino)me.'
Votive Candl8S
'Spire' Ma98zinè
Guide Books
Cards etc
Catering lrtomè..
Saturday Teas
Sunday Coffee
Tugs<lay Lunches
Gener81 Parish Caterlrg
Saturday Coffee (Outreach)
Misctllangous Ine4Jrne
InBuranco Clolm3
2,543.70
2,543.70
4, 789
436.95
885 81
36.15
212.45
436.95
885 81
36.15
212.45
1,20S
524
215
358
626.20
134
628.20
134.
$89.30
93.40
577.85
2,560
671
2,215
1ST
2,677
1,690
9340
577.85
1.2e6.56
1,266.
7.403.33 17,061
8.825.48
577.85
ImiMtm•nt Incom•
76.68
133.77
189
Church Acllvlllm Co•t•
Salar￿8 and F89$
oiric* Costs
Other Costs
Independent Ex8mlnerfi Fee
SFeQ'81 Projects
¢)Jtrtrach
26.￿.65
34,2￿.C•
86,C63.71
1.5CQ.
3&,￿ 24
17,174.93
43.861.S8 47,518
83.094.57 78,697
e6.063 71 88,636
1,500.
1,440
42.239.24 18,014
1.040.78
5,231
28,29).C
10
11
5.770.C(I
1.040 78
28.29).(M) 24,570.17
164,979.69
217,799,86 239,536
Salarlo• and F••8
Wages. salaries and fo8$
Pension ConlritArtion8
25,725.86
17.174.93
42,90).59 45,423
960.*3 2 095
43,881.S8 47.518
28,￿.65
17,174.93
2020
2019
Thg gverage numt¢r of Staff omployed ty tha Pgrothld ChLW(* the
financial year was..
Tot
R￿uneral￿)n ofoffidals

The Parochlal Church Coun¢ll of th• Eccloslastl¢al Parlsh of St Paul. Bodford
(Rgglstornd Charlty Numbfrr 11346141
Note• to Flnandal Ststsments
Y•ar •nd•d 31* De¢th￿ber 2020
Unmtrl¢l•d
Fund8
Unmtrlct•d tl¢Blgnat•d
Fun
Fund
Total
Gènornl
Tanglb
Re8trfct￿ Endowment FLtnds
Fund
Flxgd A••ot• Fund•
Fund•
2020
Tot41
Funds
2019
om¢• ¢￿t*
Gas. Eledriuty and Water
Insurance
Janitorial MateriaL8
Office Expendilu
Bank S&Nc& Charges
General Repairs
Computof C08ts
Alarm System Costs
Deprecia￿￿ ol Tangibk? Assets
Advertising and PromobcY)al Costs
8.ei6.42
5,827 99
1.572.9J
3.766.27
$41.70
588
2.226.78
2.167.91
8.606.42 13,096
5,827.99
7,481
1,572.gJ
858
3,766.27
7,622
657.41
766
965.88
7,498
2,228.76
1,935
2.63e.68
28,29).W 28,2
257.81
281
895.16
549
3.205.14
1801
2,723.80
3,824
1,9T8
115.71
28,2XI.Q)
257.81
89S.16
3,205.14
2.723.PJ)
Clergy Expèn888
Ac%¢untsncy Fee8
Professional Fees
Fundraign9 Costs
Broadband and Hostjng
425.73
1,076 62
34.2￿ C@
425.73
1,078.62
758
28,2￿.Co
63,094.57 78,897
other EXpndI￿r•
Education Costs
Mi$co11gngOU8 Costs
Music Costs
Organ And Fl'ano Tunir
Dk)ces8n Par￿h Share
DI0￿$9n Fees lor Se￿¢
Sacristy Costs
Catering Costs
Antique Fair Costs
Licensing Costs
Dcnations
Cost ol iiem$ S￿￿
Flower Fund PayTnents
434.52
1,292
515.49
1,661
459.52
3,920
940.97
1,530
$9,093.00 T3,251
1,117.00
199
1.606.56
1.443
537.33
1,518
449.20
1.948
6SS.12
255.0)
515.49
459.52
940.97
59,093.0)
1.117.C¢)
1.6C6.56
537.33
449 20
6SS.12
255 20
1.009
594
271
e6.063.71
&%.C63,71
88,636
10 Spo¢1*l Project• (2019-Totsl only)
New lightsng AJaxaThYw Rcom
Roof walkway
Enhancements to Sound Systèm
Water 4eak detection and repair
Repairs to B8m8rd Cross
Ch￿r lighting proja
Report on structure ol lower
Report on lyn￿leS & sc￿ ￿de
Repairs lo railings
Sacristy flocrf sealmg
Auylic screen for Covid prot￿1"0n
Moving organ bk)￿r
Equipmènt lor strearning 5erwces
2.256.00
638.37
7*.80
2.249.16
13.512.CQ
5.515.91
1,505.04
6.769.20
83S.03
2,258.00
638 37
79S.P
2.249.18
13.512.QJ
S,S15.91
1.505.04
8.769,20
835.03
117.73
117.73
5,770.
1,410.QJ
5.770.
1,410.C
36.W 24
5.770.OJ
42,239.24
18,014

The Parochlal Church Councll ol tho Ecclo8la8tlcal Parish of St Paul, Bedford
(Reglstgrgd Charlty Number 11346141
Not0$ to Flnandal Ststsrnents
Year ondad 31lt D•¢wntser 2020
ul￿trIct•d
FurKI8
Unmtrlct¢d De8Sgn•tod
FundB
Fund
fotsl
Gen¢ro1
Tanglbl•
ReBtrlct8d Endowment Funds
Fund
Flx•d As••t¥ Fund•
Fund•
2020
Total
Funds
2019
11 OutM*ch Oonatlorni
I Cdlecbons tsken at Tuesday
Ccncerts
2 Rguring Coltections for
purposes..
L&nt Servlces- Buny8n Meetirg
The Bl8hop's Harvest Appe
255.70
255.70
325.64
325.64 1,631
3 Funds raised by the Othread)
Comrnittea
M8mo- Pastord ￿tsrk Ihllhin th
Pari8h
Christian DEC Appeal
Colle9e ol thè Transfiguraoc
Swaziland Sthols Project
2C(J.CQ
215.12
200.rJ)
215.12
715.12
715.12 3.600
Total distrlbuted ¢￿rfng IM Y
1,040.76
1,040.76 5,231

Tho Parochlal Church Coun¢ll of tho Ecclo8lastico1 Parfsh of St Paul. B￿lf0rd
{Rggl8tsrod Charlty Number 1134614)
Notss to Flnanclal Statsm•nt•
Year •nd•d 31* D¢¢wnbor 2020
12 Cornporatl¥￿ forth• Stst•ment of Fln•ncthl AcllvlUe8
Unrn•trlct•d Fund•
Funds
Total
Fund
Rotrl¢t¢d Er￿owm•nt Fund•
L•g•¢y F￿￿1 Fund•
Funds
2019
Fund
Incom• and Endowmgnts from:
Voluntsry Inc4Jme
Actiwtie5 for Gener8b'ThJ FLf
Church ActMtie8
Investmant Inc￿ne
Total
109.*7.11
26.239.95
13,￿.98
189.18
150.317.20
54,421.89
957.13
3,140.34
184.389.00
27.197.08
17.061.30
189.18
208,836 56
58,519.36
Exp?ndltur• on:
Church ￿*mIles
157.978.08
28,29) Tr) $3.Xe.08
239,530 56
157.978.C
28,2￿ fy) 53,3(e 08
239,538 58
Net G4lnlLoM) on Imi••tm•ni8
289.58
289.58
N•t Incom•llExp•ndltyY•l
17.660.881 I28.2￿.0)I
S.211.28
289.68 130,410.021
Tr•nBf•r lkn*•n Fund•
Net rnovemenl In FundB
17.860.881 128,2XI.Tr)I
5.211.28
289.58 130,410 021
R•conelll•tl¢)n of Fund¥
Fun¢$ b￿ght fornvard
Fund• ¢•rrl•d 10Th￿rd
14,302.67 452,Lr(i.0) 45.941.94
6.841.79
423,750.CM) 51.153 22
2,477.99 514,722.80
2,767.57 484,312.58
10

The Paro¢hlal Church Councll of the EC¢￿31•$t1C81 Parlsh of St Paul, Bedlord
(Registered Charity Number 11346141
Note8 to the Flnancknl Statoments
Y•ar •nded 311¢ D•¢￿tser 2020
13 Tonglble FIX￿ Astets
Movable
Church
Furnhhlng$
Total
C¢xt or Valuat
At 2020 and 3111 t>e(%mbw 2020
,oJo.c
565.DJO.00
DeprerA8bon
At 111 J8wwy 2020
Chargg fix Ye
At 3111 Dwibw 2020
141.250.C(J
28,29).
141,250.CKJ
28.2yJ.I)J
189,500.00
169,500.00
Nat Book V*tyJè
At 3111 D￿rnber 2￿20
At 3111 Dec•mber 2019
395.5W OJ
423,750.00
395.500 CrJ
423,750.00
The movable thurth ￿MIShingS we shy*m 81 cost I£565,¢￿) *knid) is the deemed ¢))Bt urthr SORPIFRS1021
transitional prow$ions, under which Ihe valuation as at 1W January 2015 is to a96els oxtanl al that datg.
Tot•1 Fund•
rotsi Fund8
2020
X+19
14 Inve•tm•nl4
End¢)wnent Fur
Investrnent at Far Val
1.962 88
7,836
Inve81mtrnts consist of funds invested in Ihe CBF Churt* ol England Investrnwrt
Fund. Tho hc4ding at 31# Dec¢mber 2020 was ￿ shorns vknith cost £1¢JO.
15 D•btor•
Debtors
Gift rgcoveratle
27.751.73
220 31
27,972.04
9,671
2,855
72,526
16 0opo•lt•. Bank anrl Ca•h 8#l•n¢
CBF Dewl Fund
Bank Acc￿nts
Curronl Account
Outreach Commrtiee Ac£tynt
Cash in Hand
I8.￿ 37
18,528
12.602.17
1.16131
34,264
1, 106
49
32,W 85
53,947
17 Cr•dltor8: If•lllng due vAthln *)ne Y￿rI
Ggnoral Creditors and kc¥u
12 863.88
11

The Parochlal Church Councll of the E¢clg•lastical Parish of St Paul. Bedford
{Rogi8ternd Charity Numbgr 11346141
Notes to tho Flnonclal Statements
Year endod 3111 O¢eernb8r 2020
Movemwt In A￿oUr¢08
B•lan
Ch•n
1* J•nuary Ineomlng <XrtgolryJ Trnn8fern durlNJ Yoar
lan¢•
3111 Oec•mber
18 Endowrnnt Fund8
Chan¢el Fund
Original Endown*nt
Acturnulated I￿oMe
1,299.C
1.850.44
2,949.44
1,299.(Kl
1.468 57
2.787.57
18187
181.87
181.87
181.87
19 Ro•trl¢tsd Fund•
Alami Fund
Bell Ringer8 Fund
Building Repairs Fund
Choir Robes Funtj
Choral Scholarshlp Fund
Cltrgy Robes Fund
Clock Fund
Edu￿￿On Fur
Fabric PrO1￿ts Fund
F¢llowship Lunc￿ Fund
Flowar Fund
Mu8ic Fund
Now Chairs
Organ Scholar Fund
PaslDral Asth•lanWerg¢rFuryl
Pettsr and Paul Statues Fund
Swvers Robes FurKI
Staging Fund
Outreach Fund- r88￿(￿d
element
(468.7n
1.582.
3,070.74
186 95
10,432.
1.632.00
3.070.74
186 95
10,432 56
3,265.04
2,895 81
86.29
859 35
959 92
229.20
3,370 02
147 80
2,528.97
3,285.04
3.265.04
2.895.81
.29
(4,770.Crf)I
S.429 35
4.770.fxs
229.20
4,370.02
147.eo
2,526.97
12.174.93
875.
2,069.51
2,670.(KI
1,thYJ.00
11.OQ).Th))
5,c￿.￿XI 17.174.93
112,174.93}
875 Q)
2,069.51
2,870,00
957.80
51,1S3.22
1.360.18
9,675.22
1.156.47
24,S70.17
203.71
114,894.951
1 161.31
36,2S8.27
20 Unr••trlrt•d Fund•
Gonefal Fund
Designated Fund- Tar¥Jibl&
Fixed A58eis
3,791.39
10,413.18
8.841.79 1e8.771.08 164.979.69
395.500 Crt)
405,933 18
423,750.1))
28,29) t
430.391.79 168.771.08 193,229.89
128.250.WI
135,910.881
21 Summary of A•••t• by Fund
Unrn8trlct
Funds
Deolgn•t•d
Fund
Tanglble
Re3trlctsd
Flx•d A•••t• Funds
Unmtrl¢t•d
Fund$
Genwal Fund
Totsl FundB
2020
Endowmont
Fund•
395.5W 00
1,962.88
60.341.89
112,663.881
445,140.89
Tangible Fixed Ass&ts
Investsnent Flxed A8sets
Current Assets
abilibes
395,S(KJ.
1.982.88
23,C87.
112,663 88)
10,433.16
36,258.27
395.￿.CO
36,2&8 27
2.949 44
12