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2021-12-31-accounts

St Mary the Virgin, Hambleden

With

St John the Evangelist, Frieth and Skirmett

ANNUAL REPORT

AND

FINANCIAL STATEMENTS

of the

PAROCHIAL CHURCH COUNCIL

for the year ended

31 DECEMBER 2021

Priest in Charge: The Revd. Sue Lepp St Katharine’s, Parmoor Frieth

Associate Priest: The Revd. Sue Morton The Vicarage Turville

Churchwarden: Hambleden Mrs Jill Steward Kenricks Hambleden,

Churchwarden: Frieth Mrs Judy Hunt Claypit House Moor Common, Lane End

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

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021

Background

Hambleden with Frieth and Skirmett Parochial Church Council is the largest Parish in the Hambleden Valley group of churches (HVG), managing jointly the affairs of St. Mary the Virgin Church, Hambleden and St. John the Evangelist Church, Frieth.

Following the resignation of the Rector, the benefice 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 process, the Revd Sue Lepp was appointed as Interim Priest in charge in December 2020 and to commence her duties in early January 2021 and was assisted by the Associate Priest Revd. Sue Morton and the part time parish administrator Jenny Neagle.

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 a licensed lay minister, John Kimberley, together with visiting clergy. Unfortunately, John and Carol Kimberly moved away during the year and are no longer able to support the HVG. 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 continued to hit the Hambleden valley group of churches. This impact has been significant throughout 2020 and 2021 but with the easing of covid restrictions in May 2021 more services have been possible together with many rearranged weddings and baptisms. In fact, it has been a very busy year especially in Hambleden with 12 weddings taking place, 11 children baptised, 9 funerals and 3 burials of Ashes. However, all services have been conducted with the congregation wearing covid masks throughout the entire year to reduce the potential spread of Covid.

“Zoom” video church services started in May 2020 and have continued to be very popular with many local people throughout the valley. These services started in May and have been taking place most Sunday’s and Wednesday for daily prayer throughout the remainder of the year.

Frieth Village Hall installed broadband during the year for their use and generously agreed to allow Frieth Church to connect and use the broadband by beaming the connection from the hall to the church. The church paid for the additional tech equipment as a one-off cost but enjoy the use of the broadband at no additional cost. We are very grateful to the Frieth Village Hall management committee for this generous and kind arrangement.

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 now stands at 90, down from 91 last year.

Annual Report and Accounts 2021 - Page 2 of 19

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021

During the year the following served as members of the PCC.

Clergy The Revd. Sue Lepp, Priest in Charge, Chairman The Revd. Sue Morton, Associate Priest Churchwardens Mrs Jill Steward Hambleden Mrs Judy Hunt Frieth Deputy Churchwardens Mrs Sharon Smith (from 28 Sept 2021) Hambleden Vacant Frieth PCC Members: #Mr Paul Marston-Weston Secretary Mrs Lynda Marston-Weston Treasurer +Mrs Sharon Smith Collector, Mrs Judy Hunt +Mr Gideon Lacey Miss Christine Wells Mrs Jill Steward Mrs Elizabeth Wilks Ms Mardi Wilkins Mr Geoffrey Beanland (Resigned 3 Nov 2021) ~Mrs Gillian Cruse ER Officer Mr Gareth Morris (Co-opted 28 Sept 2021) Mrs Shirley Allot (Co-opted 23 Nov 2021)

Key: Symbol(s) denote additional role(s)

Annual Report and Accounts 2021 - Page 3 of 19

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021

PCC Meetings

The PCC met five times during the year, excluding the APCM, two meetings were held by Zoom and three meetings in person to conduct the business of the PCC. The PCC Standing Committee did not convene to expedite urgent business during the year, however two virtual meetings were held where PCC members were given details and asked to vote to accept or reject proposals.

Church Services

The pattern of services has slowly been restored as the Covid restrictions have been eased by the government. However, a number of parishioners have continued to shield or been unwilling to return to services due to the fear of being exposed to the virus.

Hambleden has held all services inside the church since June 2021, with social distancing & masks, and varying numbers in the congregation, according to the waves of Covid 19. A monthly Lay led service began in June. ‘Wild Church’ services were held outdoors in Frieth and Hambleden in June and July and throughout the valley during the remainder of the year.

Average attendances at Sunday services in October 2021 was 33 in Hambleden and 19 in Frieth (Hambleden - 2019 - 28 adults plus 0 under 16, Frieth – 2019 - 20 adults plus 3 under 16).

Zoom church services have proved very popular with many people and continued on most Wednesdays and Sundays throughout the year.

Average Zoom attendances at Sunday services across the group was 35 last year and 30 this year.

Special Services and Study Courses

Hambleden was unable to host 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. Three Wedding Preparation Days were held by Zoom one in January, February and March with the couples that were to be married later in the year. These were very successful, but face to face sessions would have been desirable.

Plough Sunday is a service 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. It was held on Zoom in 2021.

Unfortunately, as a result of the pandemic, many of the usual regular services did not take place in the usual way and these include the following services/events;

Local people from the valley supported the annual Footprints service usually held at Lane End. “Footprints” is a service held just before Mother’s Day and is for anyone who has lost a child. This was held on Zoom in 2021 and was well attended.

Barney’s Toddler Group was suspended in March 2020 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 was a Bible story, crafts, songs, toys and homemade cake. It is hoped to re-start Barney’s when circumstances and resources allow.

Annual Report and Accounts 2021 - Page 4 of 19

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021

Women’s World Day of Prayer 2021 for the Hambleden Valley Group was unfortunately not held in 2021.

Charitable Giving

Charitable giving increased over last year as the PCC felt it was important to support various charities that do such good work and rely on grants. This year a total of £4,997 was given (last year £2,653). Organisations supported include; Church Mission Fund, Barnabas Fund, Wycliffe Bible Translators, Christian Aid, Marlow Refugee Action, One Can Trust, Friends of Christchurch Cathedral, the Wycombe Homeless Connection, Bishop’s Outreach Fund, local Christmas boxes, Children’s Society, Sightsavers, Royal Agricultural Benevolent Institution, Royal School of Church Music, Rennie Grove Hospice Care and Hambleden Parish Hall. Please see the account for full details of amounts grant aided.

Other Activities

Prayers for Peace . These quiet, prayerful services are 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 and began again in the church in summer 2021.

Hambleden and 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. Well Attended outdoor Mothering Sunday, Good Friday and Easter Day services were held in Hambleden.

The Hambleden and Frieth Choirs , under the direction of Miss Christine Wells, were able to operate during the year subject to Covid restrictions. The popular Hambleden Concerts were cancelled this summer but there was a wonderful concert by St Martin’s Voices in Concert held in Hambleden church in October and that also raised substantial funds for the church.

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 passersby on Sunday afternoons in Hambleden.

Annual Report and Accounts 2021 - Page 5 of 19

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021

Outdoor Harvest Festival services were well attended in both churches as these were permissible during the restrictions. Hambleden held Harvest festival in church with large congregation and traditions. A Backpack service was held in September in Hambleden to bless those beginning a new year of tasks.

The Animal Blessing Service is held annually in October on the Village Green, Turville.

All Souls Service is held annually to remember those who have departed. This year it was held in Turville.

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 for much of the year during the pandemic.

The Royal British Legion Annual Service of Remembrance rotates between the four churches across the valley and with individual services at some of the churches. This year it was held in Hambleden church with a large congregation, and ceremony afterwards at the village memorial. Frieth Church was able to display a very special crocheted Poppy Banner measuring 4m x4m and also had a talk by Andrew Green regarding Major George Howson, the founder of the Poppy Appeal who is buried in Pheasants Hill Cemetery.

FINANCIAL MATTERS

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 success of the church.

The 2021 Accounts and Financial Statements were approved by the PCC at its Meeting held on the 4 April 2022.

Revd. Sue Lepp Priest in Charge 4 April 2022

Annual Report and Accounts 2021 - Page 6 of 19

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021

INDEPENDENT EXAMINER’S REPORT TO HAMBLEDEN PAROCHIAL CHURCH COUNCIL

This report on the accounts of the PCC for the year ended 31 December 2021, 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 Finance. 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 concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

M.G.Wortley Colstrope Lane Hambleden, Henley-on-Thames Oxon RG9 6SL

4 April 2022

Annual Report and Accounts 2021 - Page 7 of 19

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021 HAMBLEDEN PAROCHIAL CHURCH COUNCIL

----- Start of picture text -----
HAMBLEDEN PAROCHIAL CHURCH COUNCIL
SUMMARY STATEMENT OF FINANCIAL ACTIVITIES
For the year ending 31st December 2021
Incoming resources Note 2021 2020
Incoming resources from donors 2a 37,824 35,603
Other voluntary incoming resources 2b 13,946 13,389
Income from charitable and ancillary trading 2c 17,196 5,491
Income from investments 2d 15,410 14,934
Other income, non-recurring 2e 878 -
Total incoming resources 85,254 69,417
Resources used
Grants 3a 4,997 2,653
Activities directly relating to the work of the church 3b 98,654 78,926
Church management and administration 3c - 159
Total resources used 103,651 81,738
Surplus/(Deficit) for the year ( 18,397) ( 12,321)
General Fund at 1st January 2021 65,637 77,958
General Fund at 31st December 2021 £ 47,240 £ 65,637
----- End of picture text -----

Annual Report and Accounts 2021 - Page 8 of 19

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021

HAMBLEDEN PAROCHIALCHURCH COUNCIL HAMBLEDEN PAROCHIALCHURCH COUNCIL
BALANCE SHEET AS AT31ST DECEMBER 2021
Note 2021 2020
Assets held for investment purposes 4 787,491 618,056
Current Assets
Debtors 5 2,897 4,814
Central Board of Finance-deposit account 16,053
BarclaysBank -current account 50,207 70,703
53,104 91,570
Total Assets 840,595 709,626
lessliabilities-creditors 6 3,925 2,434
Total nett assets 836,670
£
707,192
£
Which are represented by:-
Funds
Endowments 9 60,257 53,358
Restricted- Youth Project 7 1,981 1,981
Restricted- HardshipFund 8 3,519 3,519
Restricted-School HouseFund 4c 619,620 527,197
Unrestricted- Mission HousingAssociation Ltd 4a &11 107,613 37,500
792,990 623,555
General Funds
Designated- FriethChurch 4b 12,500 18,000
Unrestricted 47,240
Less transfer to School House Fund (16,060)
Unrestrictedfunds carriedforward 31,180 65,637
Total Funds 9 836,670
£
707,192
£
-
Approved by theParochialChurchCouncilat their Meetingheld on 4th April 2022
Revd. Sue Lepp
Priest inCharge
4 April 2022
TheNotes onpages 9 to16inclusiveformpart ofthese accounts.

Annual Report and Accounts 2021 - Page 9 of 19

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st December 2021

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 received by or on behalf of the PCC.

Planned 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 2021 - Page 10 of 19

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021

NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31st December 2021

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 diocesan 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 beneficed property is excluded from the accounts by section 96(2)(a) of the Charities Act 1993.

No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance 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 2021 - Page 11 of 19

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021

HAMBLEDEN PAROCHIAL CHURCH COUNCIL HAMBLEDEN PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIALSTATEMENTS (CONTINUED)
For the year ending 31st December 2021
Note 2021 2020
2 Incoming Resources:
2a From donors:-
Committed giving (gift aided) 9,639 17,988
Committed giving (not gift aided) 775 616
Collections at allservices (gift aided) 1,523 2,219
Collections at allservices (not gift aided) 5,587 5,429
Income tax recoverable undergift aid 7,398 4,898
Churchboxes 966 891
Sundry donations 11,936 3,562
37,824
£
35,603
£
2b From legacy and other grants:
Gommdividends 8,735 8,413
Harris dividends 3,668 3,455
From endowments
LordParmoor 1,163 1,148
AugustaMurray 316 310
ClerksPiece 64 63
13,946
£
13,389
£
2c From charitable, statutory and ancillary trading:-
Rector'sfees- weddings 9,751 2,240
Rector'sfees- funerals 4,506 3,021
Porchteas 2,587 -
Lentlunches
Hambleden Men'sDay
Otherspecialevents (including carparking)
-
-
352
-
-
230
17,196
£
5,491
£
2d From investments:-
School House dividends 15,404 14,867
Centralboard of finance (deposit account) 6 67
15,410
£
14,934
£
2e Other income (non-recurring)
Miscellaneous sales 878
£
-
£
Total incoming resources 85,254
£
69,417
£

Annual Report and Accounts 2021 - Page 12 of 19

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021

HAMBLEDEN PAROCHIAL CHURCH COUNCIL HAMBLEDEN PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIALSTATEMENTS (CONTINUED)
For the year ending 31st December 2021
Note Note 2021 2020
3 Resources used
3a Grants made:-
Missionary societies 3a(i) 900 247
Reliefand development agencies 3a(ii) 1,600 775
HomeMissionand otherChurchsocieties 3a(iii) 837 289
Secularcharities 3a(iv) 1,660 1,342
4,997
£
2,653
£
3b Expenditure relating to the cost of the Church:-
ParishShare 49,782 49,351
Deanery expenses 520 520
Hambleden Valley Group expenses 7,013 6,925
Church running expenses- Hambleden 3,372 2,142
Church running expenses- Frieth 84 750
Maintenance costs- Hambleden 12,904 5,877
Maintenance costs- Frieth 11,750 3,889
Organs and choirs 6,240 5,922
Churchservice expenses 783 36
Upkeep of PheasantsHillchurchyard 1,460 1,696
Upkeep of Friethchurchyard &maintenance of Parmoorgraves 2,355 1,280
Otherexpenses 2,391 -
Hambleden Rewiring - 538
98,654
£
78,926
£
3c Church management and administration:-
Printing and stationery etc - 159
-
-
£
159
£
Total resources used 103,651
£
81,738
£
Storage of Silver:The Hambleden heritage silver is now lodged at Christchurch Cathedral
forsafekeeping. It is occasionally made available for public display. The storage and insurance costs are
currently borne by the Diocese.
Organ and Choir:many choir costs (eg robes) are met by fundraising by the choir and Director of
Music at bring and buy stalls during the summer. This is separate from their charity fundraising activities
during the Christmas season.

Annual Report and Accounts 2021 - Page 13 of 19

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021

----- Start of picture text -----
HAMBLEDEN PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
For the year ending 31st December 2021
Note 2021 2020
3a Grants to charities
3a(i) Missionary Societies:-
Church Mission Society 300 -
Barnabas Fund 300 -
Wycliffe Bible Translators 300 247
£ 900 £ 247
3a(ii) Relief and development agencies:-
Christian Aid 1,000 -
Marlow Refugee Action 300 -
One Can Trust 300 -
Medic Malawi - 775
£ 1,600 £ 775
3a(iii) Home mission and other Church societies:-
Friends of Christchurch Cathedral 10 10
Wycombe Homeless 300 279
Bishop's Outreach Fund 300 -
Christmas boxes 146 -
Childrens Society 81 -
£ 837 £ 289
3a(iv) Secular charities:-
Sightsavers 895 -
Frieth School (Lord Parmoor bequest) - 20
Riding for the Disabled - 776
Royal Agricultural Benevolent Institution 300 -
RCSM 300 246
Rennie Grove Hospice 165 -
Hambleden Parish Hall - 300
£ 1,660 £ 1,342
Total grants to charities £ 4,997 £ 2,653
Grants made exclude offertory proceeds passed directly to the charity concerned or
the occasional third party cheque received made payable to a charity.
----- End of picture text -----

Annual Report and Accounts 2021 - Page 14 of 19

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021

HAMBLEDEN PAROCHIAL CHURCH COUNCIL HAMBLEDEN PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIALSTATEMENTS (CONTINUED)
For the year ending 31st December 2021
Note Note 2021 2020
4 Assets held for investment purposes
Unrestricted:-
4a Mission Housing Association Ltd (formerly
VictoriaPark Homes)
11 37,500
£
37,500
£
4b Designated:-
Frieth Church - Funds received and set aside for the following
Improvement ofthewelcome area 2,000 2,000
Expendedinthe year (2,000) -
Rebuild cupboards andrefurbishment 3,500 3,500
Expendedinthe year ( 3,500) -
Refurbishmentincluding plasterwork 12,500 12,500
12,500 18,000
£
Restricted:-
4c School Housefund
Fund at1st January2021 527,197 493,356
Dividends andinterestreceived 15,404 14,783
FromCentral Board of Finance deposit account 16,060 -
558,661 508,139
Cashtransferred toHPCC bankaccount (15,404) (14,867)
Unrealised gain/(loss) on MarketValue 76,363 33,925
Value of investments at Market Value 619,620
£
527,197
£
Represented by:-
Marketvalue of investments
CBF Church of England Investment Fund - 26,459.04 Income
shares at 2,341.81penceper share
619,620
£
527,197
£
Analysis of Movement of Investments
Mission
Housing
Assoc'n
Lord
Parmoor
AEA
Murray
Clerks
Piece
School
House
TOTAL
Marketvalue at beginning ofyear 37,500 40,408 10,771 2,180 527,197 618,056
Additions at cost 16,060 16,060
Disposals atmarketvalue - -
Net gain/(loss) on revaluation 70,113 5,062 1,528 309 76,363 153,375
Marketvalue at the end ofthe year 107,613 45,470 12,299 2,489 619,620 787,491
2021 2020
Total assets held for investmentpurposes 787,491
£
618,056
£
5 Debtors
Income tax recoverable undergift aid 2,500 4,497
Funeral fees 397 317
- -
2,897
£
4,814
£
6 Creditors
Sundry creditors 1,230 934
PheasantsHillChurchyard - 1,000
Hambleden maintenance-stained glass 2,695 500
3,925
£
2,434
£

Annual Report and Accounts 2021 - Page 15 of 19

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021

HAMBLEDEN PAROCHIAL CHURCH COUNCIL HAMBLEDEN PAROCHIAL CHURCH COUNCIL HAMBLEDEN PAROCHIAL CHURCH COUNCIL HAMBLEDEN PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIALSTATEMENTS (CONTINUED)
For the year ending 31st December 2021
Note 2021 2020
7 Youth project
Balance at1st January2021 1,981 1,981
Incomingfunds - -
Expenditure - -
Balance at 31st December 2021 1,981
£
1,981
£
8 Hardship fund
Balance at1st January2021 3,519 3,519
Incomingfunds - -
Deduct disbursements - -
Balance at 31st December 2021 3,519
£
3,519
£
9 Statement of Funds
Balance Incoming Outgoing Transfers Gain/(Loss) on Balance
31/12/2020 revaluation 31/12/2021
Endowments - Note 13
LordParmoor Investment Fund 36,980 - 5,290 42,270
Fixed Interest 3,428 - (228) 3,200
AEA Murray 10,771 316 ( 316) 1,528 12,299
ClerksPiece 2,179 64 ( 64) 309 2,488
53,358 380 - ( 380) 6,899 60,257
Restricted
Youth Project 1,981 1,981
HardshipFund 3,519 3,519
School HouseFund 527,197 31,464 (15,404) 76,363 619,620
532,697 31,464 - (15,404) 76,363 625,120
Unrestricted
Mission HousingAssociation Ltd 37,500 70,113 107,613
Designated- FriethChurch 18,000 ( 5,500) 12,500
General Fund 65,637 69,470 (103,651) (276) 31,180
121,137 69,470 (109,151) (276) 70,113 151,293
TOTAL FUNDS 707,192
£
101,314
£
( 109,151)
£
( 16,060)
£
153,375
£
836,670
£
10 Noremumeration was paid toMr MikeWortley, theindependent examinerofthese accounts
11 Mission Housing Association Ltd (Previously Victoria Park Homes)
The valuation of the Parish's current loan balance of £37,500 in the Median Road project is now advised to be £107,613 as at the
31st December 2021(2020 - £122,190 and 2019 - £107,613). Since repayment of the share invested in Median Road is due for
repaymentinJuly2022 ithasnowbeen includedinthe accounts atits estimatedrealisation.
12 ThePCCmanages twofurther fundsinadditionto School House. The SidneyArthur HarrisWilltrust andDorothy Clara Gomm
Will Trust are shown in separate accounts on the following pages. Each year appropriate transfers are made from these funds into
the general fund
13 Monies arereceived annuallyfrom various endowments. Ineachcase the principal isheld by the OxfordDioceseBoard of
trustees as custodian
The Lord Parmoor Bequestforthe upkeep oftheParmoor family gravesin Friethchurchyard, and a smallbequestforthe
childrenof Friethschool.
Miss Augusta E A Murray , originally as a stipendforany one curateforthe time being appointed to the parish inadditionto
any curate appointed by theincumbent
The Clerk's Piece , originallyforthe parishclerk -orto the sexton, orotherpersonperforming the parishclerk's duties.

Annual Report and Accounts 2021 - Page 16 of 19

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021

THE DOROTHY CLARA GOMM WILL TRUST THE DOROTHY CLARA GOMM WILL TRUST THE DOROTHY CLARA GOMM WILL TRUST THE DOROTHY CLARA GOMM WILL TRUST THE DOROTHY CLARA GOMM WILL TRUST THE DOROTHY CLARA GOMM WILL TRUST THE DOROTHY CLARA GOMM WILL TRUST THE DOROTHY CLARA GOMM WILL TRUST
STATEMENT OF FINANCIAL ACTIVITIES
Year ended 31st December 2021
2021 2020
Income
Dividendsreceived 8,735 8,389
InterestfromCentral Board 1 9
Unrealised gain/(loss) on investments 43,128 19,392
51,864 27,790
Outgoings
Grant toPCC ( 8,735) ( 8,413)
Surplus/(Deficit) for theyear 43,129
£
19,377
£
BALANCE SHEET
Assets
Deposit account - 2,019
Investments atMarketValue
CBF Church of England Investment Fund -
14,766.30 Income shares at 2,341.81 pence per
345,798 300,650
345,798
£
302,669
£
Represented by
General fund- 1st January 302,669 283,292
Surplus/Deficitforthe year 43,129 19,377
345,798
£
302,669
£
Analysis of Movement of Investments
MarketValue at beginning ofyear 300,650 274,678
Additions at cost 2,020 6,580
Disposals atmarketvalue - -
Net gain/(loss) on revaluation 43,128 19,392
Market value at the end of theyear 345,798
£
300,650
£
Dorothy Clara Gomm died on 13 February 1978 and her residuary estate was bequeathed to “the Vicar and
Churchwardens of St John’s Church, Frieth”, after a life interest in the house and investments given to her
husband, Daniel Gomm. Mr Gomm died on 26 February 1988. Insofar as the parishes of Frieth and
Hambleden are joined together and managed by one Parochial Church Council of Hambleden with Frieth and
the will specified that the bequest should be for St Johns Church, Frieth, the PCC operates the trust as a
restricted trust so that money may be applied primarily for the benefit of St John’s Church, Frieth.
Approved by theParochialChurchCouncilat their meeting on 4th April 2022and signed on its behalfby:
Mrs JillSteward Mrs Lynda Marston-Weston
Churchwarden, Hambleden Honorary Treasurer

Annual Report and Accounts 2021 - Page 17 of 19

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021

THE SIDNEY ARTHUR HARRIS WILL TRUST THE SIDNEY ARTHUR HARRIS WILL TRUST THE SIDNEY ARTHUR HARRIS WILL TRUST THE SIDNEY ARTHUR HARRIS WILL TRUST THE SIDNEY ARTHUR HARRIS WILL TRUST THE SIDNEY ARTHUR HARRIS WILL TRUST THE SIDNEY ARTHUR HARRIS WILL TRUST THE SIDNEY ARTHUR HARRIS WILL TRUST
Registered charity number: 296482
STATEMENT OF FINANCIAL ACTIVITIES
Year ended 31st December 2021
2021 2020
Income
Dividendsreceived 18,138 3,455
InterestfromCentral Board 1 8
Unrealised gain/(loss) on investments 3,668 8,191
21,807 11,654
Outgoings
Grant toPCC ( 3,668) ( 3,455)
Surplus/(Deficit) for theyear 18,139
£
8,199
£
BALANCE SHEET
Assets
Deposit account - 1,995
Investments atMarketValue
CBF Church of England Investment Fund - 6,238.76
Income shares at 2,341.81 pence per share
146,100 125,966
146,100
£
127,961
£
Represented by
General fund- 1st January 127,961 119,762
Surplus/(Deficit)forthe year 18,139 8,199
146,100
£
127,961
£
Analysis of Movement of Investments
MarketValue at beginning ofyear 125,966 105,994
Additions at cost 1,996 11,781
Disposals atmarketvalue - -
Net gain/(loss) on revaluation 18,138 8,191
Market value at the end of theyear 146,100
£
125,966
£
Sidney Arthur Harris died on 13th May 1983 and his residuary estate was bequeathed to Hambleden
Parochial Church Council “upon trust to invest the same and apply the income thereof as to one half part
thereof towards the upkeep of Hambleden Parish church itself and as to the remaining one half part of the
income of my residuary estate towards the upkeep of the churchyard at Hambleden”. On 7th January 1987
the Charity Commissioners approved a scheme whereby “the half-share of the income ….. which is to be
applied towards the upkeep of the churchyard of Hambleden church shall be applied for the upkeep of the
new churchyard at Hambleden and subject thereto for furthering the religious and other charitable work of
the Church of England in the Ecclesiastical Parish of St Mary, Hambleden with St John the Evangelist, Frieth
and All Saints, Skirmett”. The will trust is a registered charity, No. 296482 and is a permanent endowment
fund.
Approved by theParochialChurchCouncilat their meeting on 4th April 2022and signed on its behalfby:
Mrs JillSteward Mrs Lynda Marston-Weston
Churchwarden, Hambleden Honorary Treasurer

Annual Report and Accounts 2021 - Page 18 of 19

HAMBLEDEN WITH FRIETH AND SKIRMETT PCC – ANNUAL REPORT 2021

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 December 2021.

My examination did not amount to an audit but was carried out in accordance 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.

I 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

4 April 2022

Annual Report and Accounts 2021 - Page 19 of 19