St Mary the Virgin, Hambleden Js8 With l Jis, St-John the Evangelist, Frieth and Skirmett ANNUAL REPORT 11 AND FINANCIAL STATEMENTS of the PAROCHIAL CHURCH COUNCIL for the year ended 31 DECEMBER 2020 Rector: The Revd. Stephen Southgate The Rectory, Hambleden (on sabbatical from August 2019 and resigned September 2020) Associate Priest: The Revd. Sue Morton The Vicarage Turville (on secondment from January 2019 until April 2020) Churchwarden: Hambleden Mr Michael Tebbot Highmoor, Spurgrove Lane Little Frieth (Until 20 October 2020) Churchwarden: Frieth Mrs Judy Hunt Claypit House Moor Common, Lane End (From 21 October 2020) Churchwarden: Hambleden Mrs Jill Steward Kenricks Hambleden (From 21 October 2020) ri£ Treasurer: Mrs Lynda Marston-weston 6 Innings Gate, Frieth Secretary: Mr Paul Marston-weston 6 Innings Gate Frieth Independent Examiner: Mr M.G.Wortley ,Colstrope Lane Hambleden Henley-on-Thames Oxon RG9 6SL Registered Charity No. 1134700
Background Hambleden with Frieth and Skirmett Parochial Church Council is the largest Parish in the Hambleden Valley group of churches, managing jointly the affairs of St. Mary the Virgin Church, Hambleden and St. John the Evangelist Church, Frieth. The Rector, Revd. Stephen Southgate was supported by the Associate Priest Revd. Sue Morton. The Associate Priest was seconded to Lane End from January 2019 until her return in April 2020 and the Rector went on sabbatical and later secondment from August 2019 until his resignation in September 2020. In January 2020 until Easter 2020, the Revd. Jonathan Chaffey was appointed as Interim Priest in Charge for the Hambleden Valley group of Churches. Following the resignation of the Rector, the benefi was suspended which allowed an Interim Priest in Charge to be recruited for a period of up to 18 months. After a thorough recruitment and selection prosS, the Revd Sue Lepp was appointed as Interim Priest in charge in Dernber and to Commen her duties in early January 2021. The parish was supported by various visiting and retired clergy at times throughout the year. The six churches in the valley are also supported by two licensed lay ministers, Jenny Roughan and John Kimberley, together with visiting clergy. Unfortunately, Jenny Roughan had to suspend her assistance owing to personal reasons. Mrs Jenny North has continued her work as Parish Visitor.. The Impact of the Coronavirus Pandemic As the whole world is only too aware, the significant impact the Covid 19 pandemic has also hit the Hambleden valley group of churches throughout the entire year. The first national lockdown closed all churches completely from 23 March 2020, including all public services, and weddings. Funerals were only permissible with greatly redUd numbers in attendance and sadly a number of funerals took pla throughout the year. From 15 June 2020", the government allowed churches to open for individual private prayer, subject to complying with Covid guidan and directions. It was for each church to decide when and how the churches could open. Throughout the remainder of the year, the Hambleden and Frieth churches have remained open for private prayer. It has been necessary for all planned weddings to be postponed and pushed back into 2021 and beyond and it has been a very sad and disappointing time for all of our wedding couples. A couple of outdoor ServIS took pla in the grounds of the churches around the Harvest and Christmas period before the second national lockdown was implemented. These proved very popular with local people who were very happy to be able to attend an informal family service. One significant positive development has been the introduction of "Zoom" video church services which have proved incredibly popular with many local people throughout the valley. These services started in May and have been taking place every Sunday and Wednesday for daily prayer throughout the remainder of the year. Annual Report and Accounts 2020 - Page 2 of 19
There has also been a significant negative financial impact to the church as there have been very few physical services and as a consequence the donations on the plate have plummeted whilst most expenses remain payable. Membership Membership of the PCC is either ex-officio or members who are elected at the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules. The numbers on the electoral roll for the parish reduced sharply following the complete refresh of the roll to 62 (previously 93), but this has Sin increased with encouragement from Churchwardens to people who were previously on the electoral roll, and the electoral roll last now stands at 87. During the year the following served as members of the PCC. Clergy "Rector, The Revd. Stephen Southgate Chairman (On sabbaticallsecondment from August 2019 until resignation in September 2020 The Revd. Sue Morton ,Associate Priest (On secondment from January 2019 until her return in April 2020) Churchwardens "Mr Michael Tebbot (Until 20 October 2020 Hambleden "Mrs Jill Steward (From 21 October 2020 Hambleden "Mrs Judy Hunt (From 21 October 2020 Frieth Deputy Churchwardens Vacant Vacant Hambleden Frieth PCC Members: "#-Mr Paul Marston-weston "Mrs Lynda Marston~Weston Mrs Sharon Smith - "Mrs Judy Hunt +Mr Gideon LaY "Mr Michael Tebbot Miss Christine Wells "Mrs Jill Steward Mrs Elizabeth Wilks Ms Mardi Wilkins Mr Geoffrey Beanland Mrs Gillian Cruse Secretary Treasurer Collector, Key: Symbol(s) denote additional role(s) Member of the Standing Committee, . Co-opted Member, + Deanery Synod Representative, # Safeguarding offir,- Acting Electoral Roll Officer Annual Report and Accounts 2020 - Page 3of 19
PCC Meetings The PCC met five times during the year, excluding the APCM, all except the first meeting in February 2020 were held by Zoom video conferencing to conduct the business of the PCC with an average attendance of 93 % (84 % last year). The PCC Standing Committee did not convene to expedite urgent business during the year. Church Services Since March 2020, the pattern of services has been decimated by the coronavirus pandemic and all services aSed from 23 March 2020 until 15 June 2020 when churches were permitted to reopen for private prayer only. When allowed by the government, there were a number of Churchyard prayers services at Frieth and Hambleden led by Revd Sue Morton for a few weeks before services resumed. However, Zoom,,church services have proved very,popular with many people and continued on most Wednesdays and Sundays throughout the year from May 2020 onwards. Average Zoom attendances at Sunday services across the group was 35 (Hambleden - 2019 - 28 adults plus O under 16, Frieth - 2019 - 20 adults plus 3 under 16). Special Services and Study Courses Hambleden hosted the annual Valentine's service a service for everyone, but in particular for couples who have been or are going to be married in the Hambleden Valley. This was held again in 2020 but nearly all weddings planned for 2020 had to be postponed. Plough Sunday is a Servi of prayer, dedication and blessing for all those involved in agriculture and the countryside. It is held annually in Turville Church in January on the first Sunday after Epiphany. Unfortunately, as a result of the pandemic, many o! the usual regular services did not take place and these included the following- Local people from the valley supported the annual Footprints service at Lane End. "Footprints" is a service held just before Mother's Day and is for anyone who has lost a child. Barney's Toddler Group was suspended in March owing to the Coronavirus pandemic. Under normal circumstances the group would meet monthly at Frieth Village Hall with activities for children and babies and a meeting point for parents. Each month there is a Bible story, crafts, songs, toys and homemade cake. Women's World Day of Prayer 2020 for the Hambleden Valley Group was held in Turville just before the first national Covid lockdown. Charitable Giving Charitable giving continued at a much reduced level as the church finances were badly affected by the pandemic as there were very few church services and so no collections, or weddings. This year a total of £2,653 was given (last year £8,580). Organisations Annual Report and Accounts 2020 - Page4of 19
supported include; Wycliffe Bible Translators, Friends of Christchurch Cathedral, the Wycombe Homeless Connection, Friethllschool, Royal School of Church Music and Hambleden Parish Hall. Other Activities Prayers for Peace. These quiet, prayerful services aré 'normally held quarterly (in February, May, August and November), but this year a service was held in February only. Sometimes these events are held in people's homes or in churches, in response to world conflict, and are attended by those of all denominations. The Tea Club, for more elderly residents of the parish and valley, meeting weekly at St Katharine's Parmoor had to be suspended. Wednesday Morning Communion Service is a weekly said service of Eucharist in St Mary's, Turville with prayers for healing and anointing with oil, on the fourth Wednesday of every month at 10.15am. Again these services were suspended owing to the pandemic. Hamblederi arid Frieth churches would usually host services and events through Lent and Holy Week. Friendly Lent lunches would normally be held at Frieth and Hambleden and again had to be cancelled owing to the pandemic. The Hambleden and Frieth Choirs, under the direction of Miss Christine Wells, were unable to operate during most of the year owing to the Covid restrictions. In January 2020, our combined Hambleden Valley Choir participated in the Henley Choirs Festival. The ever popular Hambleden Concerts were cancelled throughout the summer. Charities supported from the December 2019 choir carol singing were Riding for the Disabled and Medic Malawi, a charity specifically focused on one area in Malawi. Hambleden and Turville Bell-ringers - There have been bells in the Hambleden valley for at least six hundred years. Out of the seven churches in the parish, only Turville (5 bells) and Hambleden (8) have bells hung for change-ringing. where the ringing order can be changed. The oldest is the "Agincourt Bell" at Hambleden, which dates back to the battle of 1415. There are more than a dozen enthusiastic ringers who give up their evenings to practice at Turville (Mondays) and Hambleden (Fridays), so they can properly call the congregation to service, and to ring after weddings and mark other special dates or events. Church Porch Teas through the summer months offer refreshments to locals and passers-by on Sunday afternoons in Hambleden. Again, this has had to be cancelled owing to the pandemic. Outdoor Harvest Festival services were well attended in both churches as these were permissible during the restrictions. The Animal Blessing Service is held annually in October on the Village Green, Turville and unfortunately this year, it had to be Canlled owing to very poor weather. All Souls Service is held annually to remember those who have departed. This year it was held in Turville. Annual Report and Accounts 2020 - Page 5 of 19
Frieth church organise a monthly Lunch Club at a local pub. Approximately 20 - 25 people now regularly attend each monthly event. Unfortunately, this was also suspended during the pandemic The Royal British Legion Annual Service of Remembrance usually rotates between the four churches across the valley. This year we were unable to provide any indoor services but there was a special Zoom service and at Frieth church, the churchwarden read the ,1 names of the fallen, laid a new poppy,cross and said prayers. There was also an outdoor village ceremony held in Hambleden. FINANCIAL MAThERS The Treasurer, Mrs Lynda Marston-weston would like to give her sincere thanks to Mr Rex Alott and Mrs Sharon Smith for their assistance with the banking of donations throughout the year. Sincere thanks are also due to Mr Mike Wortley, for preparing and inspecting the annual accounts. The church is very grateful for the continued financial support received from the many supporters who give regularly through the Parish Giving Scheme or by standing order. Their continued support is critical for the continued SucsS of the church. The 2020 Accounts and Financial Statements were approved by the PCC at its meeting held on the 27 April 2021. t& 110 Id oj Ili(', Revd. Sue Lepp Priest in Charge 27 April 2021 li ri Annual Report and Accounts 2020 - Page 6 of 19
INDEPENDENT EXAMINER'S REPORT TO HAMBLEDEN PAROCHIAL CHURCH COUNCIL This report on the accounts of the PCC for the year ended 31 December 2020, which are set out on pages 7 - 19 is in respect of an examination carried out under Regulation 3(3) of the church accounting Regulations 1997 and s.43 of the Charities Act 1993. Respective responsibilities of trustees and examiner As the members of the PCC you are responsible for the preparation of the accounts; you consider that the audit requirement of Regulation 3(3)" of the Church Accounting Regulations 1997 and section 43(2) of the Charities Act 1993 (the Act) do not apply. It is my responsibility to issue this report on those accounts in accordance with the terms of Regulation 25 of the Church Accounting Regulations 1997 and Regulation 7 of the Charities (Accounts and Reports) Regulations 1995. Basis of independent examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commission under section 43(7)(b) of the Act and to be found in the guidance from the Central Board of Finan. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the eviden that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. *J Independent examiner's statement In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordan with section 41 of the Act; and to prepare accounts which accord with the accounting records and to comply with the requirements of the Act, as also contained in the Church Accounting Regulations 1997 have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. .G.Wortley Colstrope Lane Hambleden, Henley•on-Thames Oxon RG9 6SL 27 April 2021 Annual Report and Accounts 2020 - Page 7 of 19
HAMBLEDEN PAROCHIAL CHURCH COUNCIL ::14J SUMMARY STATEMENT OF FINANCIAL ACTivmES For the year ending 31st December 2020 Incoming resources Note 2020 2019 Incoming resources from donors Other )thntary incoming resources Incoffe from charitable and ancillary trading Income from IntrInts Other incoThE. non-recurring Total incoming resources 35,603 13.389 5,491 14,934 52,109 12.428 16,527 14,263 2,305 97 632 2b 2c 2d 2e 69 417 Resources used (>ants Activities directy relating to the ork of the church Church managenEnt and adninistration Total resources used 3a 3b 2,653 78.926 159 8,540 89,423 81,738 97,963 Surplusl(Deficit) for the year (12,321) (331) General Fund at 1st January 2020 rtt f*ft#tfttqr! hl.-, . . 95,958 96,289 General Fund at 31st December 2020 £ 83637 £ 95958 Is Annual Report and Accounts 2020 - Page 8 of 19
HAMBLEDEN PAROCHIAL CHURCH COUNCIL BALANCE SHEET AS AT 31ST DECEMBER 2020 Note 2020 2019 Assets held for investment purposes 618,056 580,941 Current Assets Debtors Central Board of Finance - deposit account Barclays Bank - current account 4,814 16,053 70,703 91,570 9,340 15,986 77,257 102,583 Total Assets 709,626 683,524 less liabilities ~ creditors 2,434 1,127 Total nett assets £ 707 192 £ 682,397 Which are rwesented by:" Funds EndowrEnts Restricted - Youth Project Restricted - Hardship Fund Restricted - School Fk)use Fund Unrestricted - Mission F*)using Association Ltd 53,358 1,981 3,519 527,197 37,500 623.555 50,083 1,981 3,519 493,356 37,500 586,439 General Funds Designated - Frieth Church Unrestricted 4b 18,000 65,637 95,958 Total Funds £ 707 192 £ 682 397 ApprOd by the Parochial Church Council at their fveting held on 27th April 2021 PDJdl• Revd. Sue Lepp Priest in Charge 27th April 2021 Annual Report and Accounts 2020 - Page 9of 19
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st December 2020 1. Accounting Policies The financial statements have been prepared in accordance with the Church Accounting Regulations 1997 together with applicable accounting standards and the charities SORP. The financial statements have been prepared under the historical cost convention. Funds General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted. Some trusts in the custody of the Oxford Diocesan Board of Finance are restricted, and their capital cannot be used The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members. Incoming Resources Voluntary income and capital sources Collections are recognised when reiVed by or on behalf of the PCC. Pl'anned giving receivable under covenant or Gift Aid is recognised only when received. Income tax recoverable on covenants or gift aided donations is recognised when the related income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due. Income from investments Dividends and interest are accounted for when receivable. Gains and losses on investments Realised gains and losses on the School House fund and the Mission Housing Property are recognised when the investments are sold. Realised gains and losses on the various other funds and bequests are taken into account each year. Annual Report and Accounts 2020 - Page 10 of 19
NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31st December 2020 Resources used Grants Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. Activities directly relating to the work of the Church The dI0san quota or parish share is accounted for when payable. Any quota unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the Balance Sheet. Fixed Assets Consecrated land and buildings and movable church furnishings Consecrated and benefId propety is excluded from the accounts by section 96(2)(a) of the Charities Act 1993. No value is plad on movable church fumishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal Sin the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether Maintenan or improvement, is written off as expenditure in the Statement of Financial Activities and separately disclosed. Investments All investments are now included at market value. Current assets Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable. Annual Report and Accounts 2020 - Page 11 of 19
HAMBLEDEN PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) For the year ending 31st December 2020 Note 2020 2019 I: Incoming Resources: , From (k>nors:_ Corrmitted giving (gift aided) ComrrHtted giving (not gift aided) ' Colkntions at all sermces (gift aided) Collections at all sermces (not gift aided) IncorrE tax reCorable under gift aid ' Church boxes Sundry donations 2a 17,988 22,440 616 600 2,219 6.021 5,429 6,230 4,898 9,351-' 891 2,547 3,562 4,920 £ 35603 £ 52109 2b From legacy andother wants: (knyn dividends Harris dividends Fmm endowments Lord ParrrK)or Augusta Murray Clerks Piece 8,413", 3,455 ' 8,605 ' 2,319 1,148 310 63 61 IL £ 13389 £ 12428 1,139 From charitsble, statutory and ancillary trathng:" Rector's fees - dingS Rectorfs fS - funerals Porch teas Lent lunches Hambleden Men's Day (Xher special ents (including car parking) 2,240 3,021 4,455 4: 2,477 4,913 , 1.741 1,195 1.746 5491 £ 165271, 230 2d From investhRnts:. School Fbuse dividends Central board of finance (deposit account) 14,867 14,144 67 119 £ 14934 £ 14263 Other incoffft (non-recurring) Miscellaneous sales 2305 , Total incoming resources £ 69417 £ 97632 Annual Report and Accounts 2020- Page 12 of 19
HAMBLEDEN PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) For the year ending 31st Decentsr 2020 Note Note 2020 2019 Resources used Grants nmde:. ssionary societies Relief and developent agencies F)nE Mission and other Church societies Secular charities 3a 3a(i) 3a(ii) 3a(iii) 3a(iv) 247 775 289 1,342 2653 £ 8540 1,497 4,929 1,377 737 3b EXn(Ature relating to the cost of the Church."_ Parish Share Deanery eypenses Fnleden Valley Group e)penses Church running expenses - P)leden Church running expenses - Frieth Maintenance costs - Harrt)leden Maintenance costs - Frieth Ckgans and choirs Church service ey4)enses keep of Pheasants 11 churchyard Lt>keep of Frieth churchyard & maintenance of PamM)or graS keep of rectory garden Fn)leden Rewiring 49,351 520 6.925 2,142 750 5,877 3,889 5,922 49,100 475 7.524 3,742 465 3,815 2,228 8,246 674 2.910 6,926 1,230 2088 1,696 1,280 £ 78926 £ 89423 3c Church manapnrt and athy"nistration:. Printing and stationery etc Bank charges 159 159 £ Total resources used £ 81738 £ 97963 Storage of Silver: The Han*>leden heritage sihBr is now k)dged at Christchurch Calhedral f0rsafekPlng. It is occasionally made aailable for public display. The storage and insurance costs are currenty borne by the Diocese. Organ and Cholr: nBny choir costs (eg robes) are rrEt by fundraising by the choir and Director of Music at bring and buy stalls during the SUnVTEr. This is separate from their charity fundraising activities during the Christrnas season. Annual Report and Accounts 2020 - Page 13 of 19
HAMBLEDEN PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) For the year ending 31st December 2020 Note 2020 . Grants to charities 3a(i) Missionary Societies:. Church Mission Society Barnabas Fund Wycliffe Bible Translators 2019, 247F 297 247 £ 1497 3a(ii ) Relief and developnent asEncies.". Christian Aid Marlow Refugee Group (e Can Trust S1ghtsars ThaThEs Valley Air Ambulance ic Malawi 2,638 300 300 775 775 £ 4929, 3a(iii) HoffA mlon and other Church societies:. Friends of Christchurch Cathedral Wycombe l-brrEless Bishop's (Xrtreach Fund FaY PCC Fingest PCC Medmenham PCC 10 279 10 289 355 266 191 266 289 £ 1,3TT 3a(iv) , Secular charibes."_ Royal Agricultural BeneK)lent Insititijtion Frieth School (Lord ParThK)or bequest) Riding for the Disabled RCSM Hambleden Parish Hall 257 20. 776 246 300 £ 1342r£ 737 Total grants to charities £ 2,653 £ 8 540 Grants made exclude offertory proceeds passed directy to the charity concerned or ' the occasional third paty cheque reCeId ffAde payable to a charity. Annual Report and Accounts 2020 - Page 14 of 19
HAMBLEDEN PAROCHIAL CHURCH COUNCIL 13 NOTES TO THE FINANCIAL STATENENTS (CONTINUED) For the year ending 31st Decents 2020 Note Note 2020 2019 Assets held for investment purposes Unrestricted:. ssion Fkxtsing ASSlatI( Ltd (f(ThErly Viclt)ria Park FkxTES) 11 £ 37500 £ 37500 Designated:. Frth Church . Funds received andset as1 for the follow# IU)uikJ cupboards and refurt)ishnEnt Refurblshnt including plast 3,5(K) Restricted:. School Fkxjse fund FurKI at 1st January 2018 DiM(kn and interest reCeId 493,356 443,164 14.193 508,139 457,357 (14.867) (14,144) (6,270) 33.925 56,413 £ 527 197 £ 493 356 Cth transferred to HPCC bank account Brokers fees LkwliSed gainl(loss) on W(et Vakje Vae of investnnts at Market Value Reprtsented by:" et lue ints CBF Church ofEnndlnvestsrnnt Fund. 25.73287 Incorn sh¥es at 1048.73 pence per share Cash held at txokers Dividends held as cash by brokers 527.197 492,723 £ 527 197 £ 493 356 Analysis of Movement of Investments MiSsn Lord AEA Clerk5 Housing ParnKx>r Murray Piece House TOTAL Market th at beginni of year Additions at cost Distx)sas at rTBrket Wdlue Increasel(Decrease) in cash at Brd(ers Net gainl(k)ss) on rethtion Market ue at the end of the year 37.500 37,912 10.124 2,049 493,356 580,941 (633) 33,925 527.197 (633) 37,199 618,056 647 131 37,5(X) 40,408 10,771 2.180 2020 209 Total assets held for investment purposes.: £ 618 056 £ 580 941 Debtor5 Inc(xre tax reCorat)Ie under gift aid Funeral fees 4.497 317 4814 £ 9340 Creditors Sundry crfIxS Frieth churchyard." Pheasants HI Churchyard 934 870 257 Annual Report and Accounts 2020 - Page 15 of 19
HAMBLEDEN PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) For the year ending 31st Decenknr 2020 Note 2020 2019 Youth project Balance at 1st January 2020 Incorring funds E4)enrfiknre Balance at 31st Decenkn %120 1.981 1,981 Hardship fund Balance at 1st January 2020 Inconing funds Deduct disknsen Balance at 31st Decenkn 2020 3.519 3,614 95 £ 3519 £ Statement of Funds Balance Inconxry Ou1n9 Transfers Gain/(Loss) on Balance 31/1212019 revaluation 31/1212020 Endowments - Note 13 Lord PanrKx)r Investmert Fund Fixed Int&vest 1.036 112 310 63 (1.036) (112) (310) 3.312 10.124 2.049 AEA 1rraY c Piece 116 647, 130, 3.273 3,428 10,771 2,179 1.521 Restricted Y(xJlh Project Hardship Fund School Fkxjse Fund 1,981 3,519 1,981 3,519 527,197 532,697 14,783 14,867 33,925 Unrestricted SS1( Fk)using Associalion Ltd '4C£neral FurKI 37,500 95.958 37,500 121,137 TOTAL FUNDS £ 682399 £ 69333 £ £ 37 198 £ 707 192 10 rerTrllYErnti( paid to hk Mke W(xtley. the Indep e>2niner of these accounts T 11 The charity kno previ(xJsly as Victixia Park Fk)nEs is rK)w the sSIon Fk)using Ass(xiati(JTr Ltd. The ati( of the Parish's current loan balance of £37.5(K) in the Valian Road project is rK)w athAsed to be £122,190 as at Ihe 31st Decen)er 2020 (2019 - £107.613 and 2018 - £111,624). Fkmew like stocks and shares, this is only a paper atiOn. Therefore, for acccAJnting purposes (xty the original ban figure is Sho in these accounts, until such tirTE as any gain is realised. The loan is due for repaynEnt in July 2022. altrKxJgh this be rolled over again. 12 The PCC rYBnages t> fu funds in addition to Schcx)l Fkxjse. The Sidney Arthur Harris Will trust and Dorothy Clara ( Wil Tru& are STrK in separate accounts on the foknng pages. Each year apprcyiate transfers are rYBde frn these funds intr) the general furKI 13 ies are reCeId annually from vari¢xts endOTEnts. In each case the principal is held by Ihe Oxford DiCeSe Board of trustees as custodian The LordPanrrtx>r Bewest for the uteep of the PamKx)r farrily gra in Frieth churchyard, and a small beqt for the chiklren of Frieth school. Miss Auwsta E A Murray. originalty as a slipend for any curate for the tinE being appointed to the parish in addition k) any curate appointed by the incunbent The Clerk& Piece. originaty for the parish clerk- or ID the >kn1. or other pers(m perforrrirvJ the parish clerl¢s duties. Annual Report and Accounts 2020 - Page 16 of 19
THE DOROTHY CLARA GOMM WILL TRUST STATEMENT OF FINANCIAL ACTMTIES Year ended 31st December 2020 2020 2019 Inco Dividends recei Interest from Brokers Interest from Central Board Lhrealised gainl(loss) on in)EstrTEnts 8.046 13 15 30.510 19.392 27,790 Outgoings Broker's management fees (¥ant to PCC 3.307 8,605 11912 8.413 8.413 Surplusl(Deficit) for the year 19,377 26,672 BALANCE SHEET DetThit account Instr at Market Value CBF Church of Ennd Investment Fund- 14.674.93 Incorn shares at 2.048. 73 pence per Dividends held by Brokers Cash held at Brokers 2.019 2.011 274,678 23 6.580 £ 283 292 £ 302,669 Represented by General fund - 1st January SurpluslDeficit for the year 283,292 19.377 £ 302,669 256,620 26,672 £ 283,292 Analysis of Movernnt of Investments Market Value at beginning of year Additi(y at cost DisposaLs at fTBrket dIue t gainl(bss) on realUatiOn Market dIue at the end of the year 274,678 252.873 289,188 (297,893) 30,510 £ 274.678 19,392 £ 300,650 Dorothy Clara Q)mm died on 13 February 1978 and her residuary estate was bequeathed to "the Vicar and Churchwardens of St John's Church, Frieth.. after a fife interest in the house and Innts gIn to her husband, Daniel Q)mm. hh ()fTYn died on 26 February 1988. Insofar as the parishes of Frieth and Flarrthden are joined together and rnanagl by one Parochial Church Council of Harrt)leden with Frieth and the will specified that the bequest should be for St Johns Church, Frieth. the PCC operates the trust as a restric trust so that rrK)ney be applied PrifTBrily for the benefit of St John's Church. Frieth. Appro by the Parochial Church Council at their rnting on 27th April 2021 and signed on its behalf by: Mrs Jill Steward Churchwarden. Hambleden Annual Report and Accounts 2020 - Page 17 of 19 trs Lynda Marston-weston Honorary Treasurer bn
THE SIDNEY ARTHUR HARRIS WILL TRUST Registered charty nunknr: 296482 STATEMENT OF FINANCIAL ACTIVITIES Year ended 31st December 2020 2020 2019 Income Dividends recei Interest from Brokers Inlerest from Central Board lthrealised gainl(k)ss) on Innts 3,455 2,134 14 14,820 16,971 8.191 11,654 Outgoings Brd(er's ThBnagennt fees (>ant to PCC 1,403 2,319 3,722 3,455 Surplusl(Deficit) for the year 8,199 13,249 BAL4NCE SHEEr Deposit account Innts at Market Vakne CBF Church of Enndlnvestswit Fund- 6.148.51 Incoff shares at Z048. 73 pence per share Dividends held by Brokers Cash hekj at Brokers 1,987 125,966 105,994 11,781 119,762 127,961 Represented by neral fund - 1st January Sur[u(DefIcIt) for the year 119,762 8.199 127,961 106,513 13,249 £ 119,762 . Analysis of Movement of Investnnts Market Vakje at beginning of year Additions at cost DIssaIS at market t gainl(loss) on rewaluation rket at the end of the year 105,994 11.781 103.688 120,494 - (133.008) 14.820 105,994 125.966 Sidney Arthur Harris died on 13th May 1983 arKJ his residuary estate as bequeathed to Hambleden Parochial Church C(xJncil 'upon trust to the Sarr and apply the incoThE Ihereof as to one half part Ihereof towgrds the upkeep of Harrl)leden Parish church itself and as to the rerrBining one half part of the incorrE of ry residuary estate towards the upkeep of the churchyard at Han1)le°. On 7th January 1987 the Charity Conynissioners appro a scheThE erebY "the half-share of the inconE ..... lch is to be aped tO9rdS the upkeep of the churchyard of Harrden church shall be apped for Ihe upkp of the new churchyard at Harrthden and subpct Ihereto for furthering the religi(xJs arKI other Charitab )rk of the Church of EnglarKJ in the Ecclesiaslical Parish of St fvtsry. Harybleden with St John the EvangSt Frieth arKI All Saints, SkirnEW. The wil trust is a registered charity, M). 296482 arKJ is a perrrBnent endo fund. Appro by the Parochial Church Council at their meeting on 27th April 2021 and signed on its behalf by: trs Jill Steward Churchwarden. Hambl Mrs Lynda VArston-Weston Honorary Treasurer .. Annual Report and Accounts 2020 - Page 18 of 19
REPORT OF THE INDEPENDENT EXAMINER TO THE MEMBERS OF HAMBLEDEN PAROCHIAL CHURCH COUNCIL AND TRUSTEES OF THE SIDNEY ARTHUR HARRIS WILL TRUST I have examined the Statement of Financial Activities and Balance Sheet of the Sidney Arthur Harris Will Trust set out on page 18 relating to the year ended 31 Dernber 2020. My examination did not amount to an audit but was carried out in accordan with the General Directions issued by the Charity Commissioners for the independent examination of the accounts of smaller charities. Nothing has come to my attention in connection with my examination which gives me cause to believe otherwise than that the Statement accords with the accounting records of the Trust and that such records satisfy the requirements of the Charities Act 1993. l am not aware of any matter to which attention needs to be drawn in order to obtain a proper understanding of the accounts. M.G.Wortley Colstrope Lane Hambleden Henley on Thames Oxon, RG9 6SL 27 April 2021 Annual Report and Accounts 2020 - Page 19 of 19