www.ccbedford.org ## **REPORT OF THE TRUSTEES AND** ## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020** ## **FOR** ## **PAROCHIAL CHURCH COUNCIL OF THE** ## **ECCLESIASTICAL PARISH OF** **CHRIST CHURCH BEDFORD (“Christ Church”)** **REGISTERED CHARITY NUMBER 1134785** **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **REPORT OF TRUSTEES** ## **CONTENTS** |**Report of Trustees**|**3 - 12**| |---|---| |**Independent Examiner's Report**|**13**| |**Statement of Financial Activities**|**14**| |**Balance sheet**|**15**| |**Cash Flow Statement**|**16**| |**Notes to the Financial Statements**|**17-28**| 2 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **Report of Trustees** The trustees present their report and the audited financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice, applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019. ## **COVID-19** The trustees immediately followed Government guidance and Church of England advice. Worship services moved on-line and communication with church members and the wider community was solely electronic, except for paper communication with 22 church members who had no on-line access. A Church Zoom account was opened and our YouTube channel was publicised widely. Mission and ministry were possible continued in on-line, especially public worship and home groups. The Church Halls were closed to all hirers from March to July, except our Foodbank Collection and Distribution activity. Church staff and employees worked from home and communicated on-line. Risk Assessments were initiated and reviewed (by December 2020, Risk Assessment v.7 was in place). The trustees prepared robust financial scenarios to review the potential loss of donation income and hall hire. Five employees were placed on the Job Retention Scheme (‘furloughed’), returning to work from August. Donation income held up well, a discretionary government grant for business was received, which, together with reduced expenditure, compensated for the loss of hall hire. Furthermore, as restrictions were eased, hall hirers (previous and new) began to use the halls again, adding to our income. ## **Aims and purposes** The primary responsibility of Christ Church Parochial Church Council (PCC) is the promotion of the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England. The PCC has the responsibility of cooperating with the incumbent, Reverend Canon Richard Hibbert, in promoting, in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The mission statement of our Church is _‘To enable everyone to become maturing followers of Christ, who experience and live out God’s love daily in every part of their lives’._ The Core Values of our Church are: - |**G**enerous|in faith| |---|---| |**R**eal|about ourselves| |**A**ccepting|of all| |**C**ompassionate|to our community| |**E**ncouraging|all who come| The priorities of our Church for 2020 were: - 3 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** **REPORT OF TRUSTEES** 1. Making new disciples 2. Deepening our faith 3. Transforming our community 4. Visible social media ## **Objectives and activities** When planning our activities for the year, we have considered the Charities Commission's guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. In particular, we enable ordinary people to live out their faith as part of our parish community through: - Worship and prayer; learning about the gospel; and developing their knowledge and trust in Jesus. - Provision of pastoral care for people living within and outside of the parish. - Mission and outreach work. To facilitate this work it is important that we maintain the fabric of the Church and complex at 140 Dudley Street. The PCC also had responsibility for the upkeep of 161 Dudley Street. The main Priorities and Objectives of our Church for 2020 were: - ## **Priorities and Objectives** ## **1. Making new disciples** - a. Offer enquirers courses (e.g. Alpha, Grow, Parenting etc) 3 times per year so that at least 10 people come to faith in each year - b. Members intentionally praying for 5 friends/relatives to come to faith - c. Intentionally offer invitations to friends/relatives to enquiry course or Sunday worship ## **2. Deepening our faith** - a. Promote active membership of weekly Home Groups, who create their own goal for next 12 months for a ministry area - b. Ministries (Men, Women, Seniors, Children and Youth etc) to create clear goal to fulfil the priority ‘Going deeper into God’ - c. At least fortnightly, promote personal testimony stories to encourage maturing followers of Christ (whole life discipleship) ## **3. Transforming our community** - a. Increase involvement and presence at Castle Newnham School (e.g. minimum 1 x Governor, provide Open the Book, support and nurture CU, offer lunch clubs, etc) - b. Start Christians Against Poverty Debt Counselling service - c. Establish and promote annually a new sustainability initiative across Devon Park and Castle Road ## **4. Creating a greater and more visible social media presence** - a. Train 2-3 church members in the next 12 months in delivery of Social Media posts (Facebook, Twitter, Instagram, etc) - b. Ensure regularly weekly flow of news and events via Social Media - c. Change over the next 12 months physical outdoor signage In order to achieve our Church’s objectives and respond to realised needs, the PCC has: - 4 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **REPORT OF TRUSTEES** 1. Appointed a full time Children’s Minister, Ruth Hulme, who began work on 1 October 2020 and reviewed the role of Youth minister in the light of AJ Wade’s departure, but decided not to appoint anyone at this time. 2. Admitted four children to Communion before Confirmation, following appropriate preparation. 3. Approved a new Mission Action Plan, which was presented to the APCM, following a valuable Away Day discussing our future objectives and priorities. 4. Increased our regular output on social media 5. Launched a new website and moved to ChurchSuite as a church management system. 6. Approved pre-recording and livestreaming of services, supporting the purchase of suitable equipment/software and obtaining the necessary licences/permissions. 7. Reviewed/amended service times and content in the light of COVID-19 risks. 8. Reviewed PCC’s budget, income and expenditure, to mitigate COVID-19 impact. 9. Approved expenditure on additional cleaning, provision of NHS QR code, hand sanitiser stations and screens to create a COVID-19 mitigated site. 10. Approved the replacement of the flat roof covering over the vestry and lower store and the refurbishment of the lower store room. 11. Supported the training of three church members to become lay leaders of worship. 12. Supported a sub-group’s attendance at _Leading Your Church into Growth_ conference 13. Supported a safeguarding awareness month making the church congregation aware that safeguarding is everyone’s responsibility. 14. Supported unconscious bias training as part of our response to Black Lives Matter movement ## **Role of Volunteers** Many of our activities are supported by a large number of volunteers, without whom we would not be able to operate. Restrictions placed on our activities by Covid-19 have prevented our volunteers serving as they would have wished. However, good examples from 2020 include: - ✓ **Foodbank** – Christ Church’s collection and distribution centre: - 1295 people served (2019 – 823) - 12,249 kilos distributed - 3082.95 kg collected, providing 7340 meals. - 6 volunteers served (reduced to core team only: 2019 – 20 volunteers) - ✓ **Rapid Response Freezer** – stocked by 12 volunteer cooks - 140 main meals distributed - 22 desserts distributed - ✓ **Holiday @ Home** – distributed ‘goodie bags’ by 10-15 volunteers - 77 seniors in August - 113 seniors at Christmas - ✓ **Vicar’s Discretionary Fund** : donations from church members of £9,200 assisted those struggling - ✓ **Harvest Appeal Tap Twinning** : 21 church/hall taps twinned - ✓ **AV/PA/Camera/editing team** – 15 volunteers - ✓ **Home Groups and membership** – 17 Home Groups (2019 = 15) with approx. 180 members - ✓ **Home Group leaders** – pastoral care of members and non-members through pandemic - ✓ **Children’s Ministry** : on-line and/or physical - Sunday Daring Disciples: 6-8 children/weekly - Sunday Passports/Junior Church: videos average 45 views - Little Fishes: 8-10 attendees - Light Trail – October half term - Gingerbread church competition – Crib Service 5 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **REPORT OF TRUSTEES** `o` Advent daily window opening - ✓ **New Website** launched It is impossible to quantify in financial terms the contribution made by these and many other volunteers, but it is considerable and without which the PCC would not be able to fulfil its charitable objectives. We would like to thank all the many volunteers, who work so hard to make this church the lively and vibrant community that it is. In particular, we want to thank the Churchwardens, Kay Berrington and Andrew Turpie who have worked so tirelessly on our behalf during 2020. ## **Achievements and performance** ## **Worship and prayer** All are welcome to attend our regular services. With COVID-19 restrictions beginning from 16[th] March, we immediately moved our Sunday services on-line with Zoom services and closed Wednesday services. We followed Government Restrictions and Church of England guidance throughout the rest of 2020. Our last services before Lockdown 1.0 were Sunday 15[th] March and Wednesday 18[th] March. We purchased a Zoom Pro license to allow us up to 100 attendees with one host. We arranged pre-recorded worship songs from our lead musicians working at home. We soon realised that on-line Zoom could not provide a stable platform and we moved to pre-recorded services, premiered on YouTube, which continued through to summer 2020. During this time, we investigated and sourced the ability to live stream from the church, continuing with prerecorded worship by our lead musicians. Our musicians worked hard to improve their quality and depth of production so that by June 2020 it was all greatly appreciated by the congregation. When Government restrictions were lifted in July 2020, we held our first wedding on 12 **[th]** July 2020, our first funeral on 21 **[st]** July 2020 and resumed Wednesday 10am services on 22 **[nd]** July 2020. Sunday worship returned from 9 **[th]** August with a live streamed morning services. From 23 **[rd]** August 2020, we welcomed the congregation in limited numbers, having reviewed and arranged our seating, entrance and exit and one-way systems, through an Eventbrite booking system to 9am and 10.30am service. Subscribers to our YouTube channel has increased from 15 to 244. Sunday and Wednesday services averaged physical weekly attendance (as counted during October) of 84 people (no double counting), and we estimate that they were joined by approximately 125 watching online, either live or the recording. Evening Worship was broadcast by Zoom or pre-recorded throughout and paused from August (views were 20-30). A new in-building service (Sundays @ Seven) was launched 1[st] November, but Government restrictions paused that from the next day. During Lockdown 2.0 in November 2020, we live streamed one 10.30am service from the church with only the minimum required attendees. We recommenced public worship as before on Wednesday, 2[nd] December 2020. At present, there are 302 names on the Church Electoral Roll, 226 of whom are not resident within the parish. 5 names were added during the year and 8 were removed because people moved away or moved to another church. As well as our regular services, we enable our community to celebrate and thank God at life’s milestones: 1 baptism, 1 baptism and 4 funerals and services of thanksgiving. Regretfully, no confirmations took place here in 2020. 6 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **REPORT OF TRUSTEES** ## **Deanery Synod** We had 5 Deanery Synod elected representatives until September 2020 and 4 thereafter and 2 Diocesan Synod representatives, offering an important link between our parish and the wider Church of England. At each Deanery Synod meeting, there is a primary focus of discussion, and the opportunity to hear of the work of the wider church: General Synod, Diocesan Synod, Diocesan Board of Finance and Deanery Standing Committee. In 2020 at the 4 Deanery Synods, the primary discussion for the churches’ ministry and mission were: **February** : Modern Day Slavery and the Clewer Initiative, a charity that raises awareness of modern slavery, identifying victims and helping provide victim support and care. **May:** Lay Ministry and new Diocesan lay training initiatives **September** : Festive - a charity that works with UCCF and Scripture Union supporting sixth form students, chaplains and those in Further Education across the UK. **December** : Faith and Artificial Intelligence (AI). This was also a new Synod, following Deanery Synod elections in 2020. ## **Pastoral care** COVID-19 made pastoral care more difficult, but an excellent telephone system led by Home Group Leaders enabled most church members and many in our community to be supported. Church members also initiated their own pastoral care networks. Volunteers from the Holiday @ Home team and Lunch Club supported the ‘goodie bag’ delivery to seniors across the community. The ordained staff, the Home Communion assistants (3 hold the Bishop’s licence) and the pastoral visiting team (10 volunteers) were unable to visit as usual. Our parish magazine is published bi-monthly. Under COVID-19, our editor published 5 editions in 2020, creating a pastoral, spiritual and informative link amongst church members, hall users and our local community. ## **Mission and evangelism** Helping others is a demonstration of our faith, whether practical, emotional or spiritual. The Mission Impact Group channels support and news between our Mission Partners, scattered across Africa, the Middle East and Europe, and encourages prayer for them. Alpha Courses, run by Outreach Impact Group, occurred physically and on-line: - January – March: 2 x physically (Evening – 4 attendees – and Daytime – 3 attendees) - April – July: 1 x on-line with 4 attendees - Sept – December: mixed mode of 1 x physical and 1 x on-line ‘refresher’ course for church members with approx. 90 attendees. Alpha is an 11 week course that enables participants to consider the basics of the Christian faith and the work of Jesus Christ. The Grow Group (15 attendees, mostly ex-Alpha) continued to extend and deepen Christian faith and understanding. 7 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **REPORT OF TRUSTEES** ## **Ecumenical relationships** We delight in our ecumenical links to other local churches across Bedford and benefit from HOPE Bedfordshire. COVID-19 restrictions have substantially reduced ecumenical ministry and mission. ## **Financial review** Total receipts on unrestricted funds were £316,270, with £195,915 from standing orders and £52,298 was from Gift Aid. Restricted donations totalled £29,834 of which £5,038 were received for the halls redevelopment. Government grants for the furlough scheme of £5,177 were received during the year. Further details are shown in the annual financial statements. £288,825 was spent from unrestricted funds to provide the Christian ministry from Christ Church, including the contribution to the diocesan parish share of £137,648 which largely provides the stipends and housing for the clergy. Net movement in funds was an increase of £41,400 during the year, and the total reserves increased to £181,585. COVID -19 has primarily resulted in hall income reducing by half compared with 2019, partially offset by obtaining a grant from the council (£7900). Cash donations (mostly the collection plate in church) reduced by 80% compared to 2019. Expenditure savings were primarily in relation to furloughing members of staff, decreased use of the halls and lessened staff/ministry expenses. The principal source of donations are the church members. The PCC takes its environmental, social and ethical duties seriously and consideration of these undergird the ministry decisions of the church. ## **Reserves policy** It is PCC policy to try to maintain adequate funds to ensure the smooth financial running of the church, and ensure that unexpected expenditure can be met as and when required. Total funds held at the year end amounted to £181,585. The balance on the general reserves at the year end was £123,790 which is considered adequate since it represents approximately 4 months of expenditure. Of this amount £114,380 is available without the sale of fixed assets. Total unrestricted funds (including the general fund) amounted to £167,111 with £34,321 representing amounts raised in respect of a previous house purchase. The purpose of any restricted fund is noted in the financial statements. Restricted funds are in respect of specific projects and or schemes. ## **Financial risks** Total restricted funds amounted to a surplus of £13,505. The cash reserves of the church, excluding restricted funds, totalled £115,316 as at 31 December 2020. The budget for 2021 was approved by the PCC showing a small deficit, but far smaller than the 2020 surplus on unrestricted funds. The PCC has committed to £4,500 to be given to mission and £4,500 to certain necessary repairs on 161 Dudley Street, both of which are to be taken from the 2020 surplus. These items represent a transfer from the general fund to a specific designated fund. Whilst COVID-19 has impacted the level of hall lettings and cash donations, these represent a small percentage of the total income of the church. Most of the income generated by the church is from regular standing orders. The level of standing orders has remained consistent during the year and this, together 8 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **REPORT OF TRUSTEES** with careful management of resources, has not had a significant impact on the financial risks of the church. The PCC therefore considers it has sufficient resources to sustain its purposes and activities during 2021. ## **Plans for future periods** The PCC is looking forward to the implementation of its Mission Action Plan. In addition, the PCC has determined to continue live streaming of services after COVID-19 and has authorised a full installation of live streaming equipment in the church. The PCC is continuing to monitor Risk Assessments for COVID-19. We continue to follow Government restrictions and Church of England guidance as we enter 2021. The PCC is mindful of adjusting our response in the light of local circumstances. The PCC has determined that, where allowed, the halls remain open for hire. This has enabled Christ Church Pre-School to continue in 2021, together with key allowed activities of Foodbank collection and distribution, Little Fishes (new parents support group) and contact time for Barnardo’s. The PCC has also arranged for staff to once again work from home, where possible. No staff have been furloughed in Lockdown 2.0 and 3.0. Financially, the Trustees are confident that, as happened in 2020, donation income will be maintained, though hall hire income will again be substantially reduced. Together with continuing reduced expenditure, the Trustees approved a budget for 2021, which they are confident will be achieved, and which will be covered by reserves if required. Any reduction on COVID-19 risk as the year proceeds will positively affect both finances and ministry, particularly as the halls become available for hire. ## **Risk management** The PCC is aware of its risk management duties and has affirmed a number of policies, including the Notes of Guidance for PCC meetings and PCC responsibilities. During the year a Lone Worker policy and an updated Safeguarding policy were approved. Our data holding procedures were evaluated and amended where necessary to meet the General Data Protection Regulation 2018, as well as Fire Risk assessment, policies and fire safety equipment. Risks are regularly reviewed and systems and procedures have been put in place to manage these risks. The PCC ensured that the church and halls were assessed for COVID-19 risk and new signage displayed, one-way systems implemented, and staff encouraged to work from home, where possible. The PCC 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). PCC trustees, youth and children's paid and voluntary leaders, and volunteers in contact with vulnerable adults are DBS (Disclosure and Barring Service) checked. 9 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** **REPORT OF TRUSTEES** ## **Structure, governance and management** Christ Church is a corporate body established by the Church of England, and it is part of the deanery of Bedford and the Diocese of St Albans. The PCC operates under the Parochial Church Council Powers Measure. The PCC is a Registered Charity. The method of appointment of PCC members is set out in the Church Representation Rules. At Christ Church the membership of the PCC consists of the licensed clergy, churchwardens, one of the Readers, members of Diocesan and Deanery Synods and members elected by those members of the congregation who are on the electoral roll of the church. 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. New PCC members/trustees were offered a copy of _The PCC Member’s Essential Guide_ , and a copy of the PCC Notes of Guidance. Induction of new PCC members/trustees was not completed in person at a dedicated meeting due to COVID restrictions. 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 PCC met 6 times during 2020 with an average attendance of 81%. There was an Away Day in January 2020 (75% Attendance) to discuss the new Mission Action Plan. Given its wide responsibilities the PCC has a number of impact groups, each one dealing with a particular aspect of parish life. These groups, which include communications, mission, buildings, outreach, resourcing, fellowship, and young people, are all responsible to the PCC and report back to it regularly with reports of their meetings, decisions and recommendations being received by the PCC and discussed as necessary. _Standing Committee:_ This committee is required by law. It has power to transact the business of the PCC between its meetings, subject to any directions given by the Council. _Buildings Impact Group:_ This group is responsible for the management and development of Christ Church PCC’s buildings and infrastructure. _Communications Impact Group:_ This group is responsible for oversight of both external and internal communications, including our physical and online presence. _Fellowship Impact Group:_ This group is responsible for the planning, resourcing and delivery of events focused on the development of fellowship within Christ Church. _Mission Impact Group:_ This group is responsible for caring, praying and practically supporting our Mission Partners and Organisations and encouraging vocations and support to mission at home and overseas. _Outreach Impact Group:_ This group is responsible for the planning, resourcing, coordination and delivery of all pre-evangelistic, evangelistic and early discipleship support at Christ Church. _Resourcing Impact Group:_ This group is responsible for the financing of Christ Church and the prudent management of its financial resources. _Worship Impact Group:_ This group is responsible for the planning, resourcing, coordination and delivery of all corporate worship at Christ Church. _Young People’s Impact Group:_ The Young People’s Impact Group is responsible for supporting the Youth Minister and the Children’s Minister in developing and implementing a strategy for young people’s and family work at Christ Church, which directly contributes to the achievement of Christ Church’s mission. 10 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD REPORT OF TRUSTEES** ## **Administrative information** Christ Church is situated at 140 Dudley Street, Bedford. It is part of the Diocese of St Albans within the Church of England. The correspondence address is 140 Dudley Street Bedford MK40 3SX. Registered charity number 1134785 under the name the Parochial Church Council of the Ecclesiastical Parish of Christ Church Bedford. It is also known as Christ Church Bedford, PCC or Christ Church. PCC members who have served at any time from 1 January 2020 until the date this report was approved are: |are:||| |---|---|---| |**Ex-Officio Members:**||| |Incumbent|The Revd Canon Richard Hibbert|Chairman| |Curate|The Revd John Bell|| |Wardens|Mrs Kay Berrington|| ||Mr Andrew Turpie|| |Reader|Mr Michael Bishop|| |Diocesan Synod|Mr Christopher Burrows|| ||Mrs Min-Min Peaker|| |Deanery Synod|Mr Steven Allin|(until 22 September 2020)| ||Ms Rachel Bennett|| ||Mr John Betteley|(until 22 September 2020)| ||Mr Daniel Gicharu|(from 22 September 2020)| ||Mr Keith Priddin|(until 22 September 2020)| ||Mr Paul Templeman|(from 22 September 2020)| ||Mr AJ Wade|| |**Elected Members:**||| |---|---|---| ||Mr Simon Berrington|| ||Mr Christopher Brown|(from 22 September 2020)| ||Mrs Mhairi Brown|(until 22 September 2020)| ||Mrs Margaret Cottenden|(until 11 May 2020)| ||Dr Jon Day|| ||Mrs Tracey Emmott|(until 24 March 2020)| ||Mrs Margaret Haywood|| ||Ms Amy Hutchinson|(from 22 September 2020)| ||Mrs Ruth Janes|Treasurer| ||Mrs Laura Jewell|(until 1 September 2020)| ||Miss Wendy Pegg|| ||Mr Keith Priddin|(from 22 September 2020)| ||Dr Andrew Russell|(from 22 September 2020)| ||Ms Helen Ryan|| ||Mrs Sue Templeman|| ||Miss Jessica Walker|(from 22 September 2020)| ||Mr Steve Welsh|(until 22 September 2020)| |(PCC Secretary )|Mrs Pauline Grimley|(not a PCC member)| 11 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **REPORT OF TRUSTEES** ## **Bank:** CAF Bank Ltd 25 Kings Hill Avenue, Kings Hill West Malling Kent ME19 4JQ ## **Independent Examiner:** Suzanne Goodson BSc FCA Wright Connections Limited Registered Auditors Bedford I-Lab Priory Business Park Stannard Way Bedford MK44 3RZ _Day-to-day management of the charity is delegated to the incumbent: -_ ## **Incumbent:** ## **The Revd Canon Richard Hibbert** Christ Church Vicarage 115 Denmark Street Bedford MK40 3TJ Approved by the PCC on 11 March 2021 and signed on their behalf: Revd Canon Richard Hibbert (PCC Chairman) 12 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **Independent examiner's report to the trustees of Parochial Church Council of The Ecclesiastical Parish of Christ Church Bedford** I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2020 which are set out on pages 14 to 27. ## **Responsibilities and basis of report** As the charity’s trustees 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 charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. 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 charity 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 have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Suzanne Goodson BSc FCA Institute of Chartered Accountants England & Wales Wright Connections Limited Bedford I-Lab Stannard Way Bedford MK44 3RZ Date: ............................................. 13 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure account)** ## **FOR THE YEAR ENDED 31 DECEMBER 2020** |_Note_
**INCOME FROM**
Donations and Legacies
_4_
Charitable activities
_5_
Other trading activities
Investments
_6_
**TOTAL INCOMING RESOURCES**
**EXPENDITURE ON**
Charitable activities
_7_
**TOTAL EXPENDITURE**
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
**NET MOVEMENT IN FUNDS**
**Reconciliation of funds**
**Total funds brought forward**
_19_
**TOTAL FUNDS CARRIED FORWARD at**
**31st DECEMBER 2020**
_19_|**Unrestricted**
**HRP**
**Restricted**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
277,549
5,038
20,296
32,993
0
4,500
5,728
0
0
0
0
0|**Total**
**Total**
**Funds**
**Funds**
31.12.20
31.12.19
**£**
**£**
302,883
364,240
37,493
86,653
5,728
5,039
0
3
346,104
455,935
304,704
351,286
304,704
351,286
41,400
104,649
0
0
41,400
104,649
140,185
35,536
181,585
140,185| |---|---|---| ||316,270
5,038
24,796|| ||288,375
0
16,329|| ||288,375
0
16,329|| ||27,895
5,038
8,467
4,500
(700)
(3,800)
32,395
4,338
4,667
134,716
(4,065)
9,534|| ||167,111
273
14,201|| All income and expenditure is derived from continuing activities 14 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **BALANCE SHEET at 31st December 2020** |**_Note_**
FIXED ASSETS
Tangible fixed assets
_12_
CURRENT ASSETS
Debtors
_13_
Cash at bank and in hand
CURRENT LIABILITIES
Creditors due within one year
_15_
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR
_16_
NET ASSETS
FUNDS
_19_
Unrestricted funds
Restricted funds
Hall Redevelopment Project
TOTAL CHARITY FUNDS|**£**
**£**
£
£
**99,410**
98,935
**14,104**
18,671
**187,600**
171,960
**201,705**
190,630
**-63,851**
-73,702
**137,854**
116,928
**237,264**
215,863
**-55,679**
-75,679
**181,585**
140,184
**167,111**
134,716
**14,201**
9,534
**273**
-4,065
**181,585**
140,184
**31.12.20**
31.12.19| |---|---| ||| Approved by the Parochial Church Council on 11 March 2021 and signed on its behalf by: Revd. Canon Richard Hibbert Chairman Mrs Ruth Janes Hon. Treasurer The notes on the following pages form part of these accounts Charity registration number 1134785 15 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **CASH FLOW STATEMENT** ## **FOR THE YEAR ENDED 31 DECEMBER 2020** |**Note**
**Cash flow from operating activities**
Cash generated from activities
3
**Cash flow from investing activities**
Payments to acquire tangible fixed assets
Interest received
**Net cash flow from investing activities**
**Cash flow from financing activities**
Receipts/(repayment) from issue/(repayment) of long term
Interest paid
**Net cash flow from financing activities**
**Net increase/decrease in cash and cash equivalents**
**Cash and cash equivalents at 1.1.20**
**Cash and cash equivalents at 31.12.20**
**Cash and cash equivalents consists of**
**Cash at bank and in hand**
Cash and cash equivalents at the end of the
reporting period not available for charitable purposes
as held as agent|31.12.20
48,199
(8,313)
0
**(8,313)**
l
(20,000)
(4,246)
**(24,246)**
**15,640**
**171,960**
**187,600**
**187,600**
908|31.12.19
93,587
0
3| |---|---|---| |||**3**| |||(80,000)
(4,177)
**(84,177)**| |||**9,412**
**162,548**| |||**171,960**| |||**171,960**
2,283| |||| 16 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2020** 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES ## **a) General information** Christ Church, a registered charity in the United Kingdom is a corporate body established by the Church of England, and it is part of the deanery of Bedford and the Diocese of St Albans. Its trustees are all members of the Parochial Church Council and they operate under the Parochial Church Council Powers Measure. The PCC is a Registered Charity. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity administrative information on page 11 of these financial statements. The nature of the charity’s operations and principal activities can be found in The Trustees Report on pages 3 to 12. ## **b) Basis of preparing the financial statements** The charity constitutes a public benefit entity as defined by FRS 102. The accounts (financial statements) have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Accounting Practice. The accounts financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years prescribed. ## **c) Income recognition** ## **Voluntary income and capital sources** All incoming resources , including government grants are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received. Collections are recognised when made. For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. Pledged amounts are only recognised on receipt of the funds. Income tax recoverable on gift aid scheme donations is recognised in the period the income is received. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of the entitlement and the likely amount due. Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example, the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure. 17 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2020** No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Where practicable, gifts in kind donated for distribution to the beneficiaries of the charity are included in stock and donations in the financial statements upon receipt. If it is impracticable to assess the fair value at receipt or if the costs to undertake such a valuation outweigh any benefits, then the fair value is recognised as a component of donations when it is distributed and an equivalent amount recognised as charitable expenditure. ## **Other trading activities** Other trading activities represent feed in tariffs from solar panels, and are recognised on entitlement. ## **Other ordinary income** Rental income from the letting of church premises is accounted for when earned. Fees due to the PCC for weddings, funerals, etc. are accounted for on an event by event basis. ## **d) Expenditure recognition** All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. ## **Costs directly related to the work of the church** The Diocesan parish share is accounted for when payable and any amount unpaid at 31st December is included as a creditor in the Balance Sheet. Grants and donations are accounted for at the earlier of payment or formal approval by the PCC. Grants offered subject to conditions which have not been met at the year-end date are noted as a commitment but not accrued as expenditure. ## **e) Tangible fixed assets** ## **Consecrated land and buildings and moveable church property** Consecrated and beneficial property is excluded from the financial statements by s. 10(2) of the Charities Act 2011. No value is placed on moveable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers these to be inalienable property. All expenditure on consecrated and beneficial property and moveable church furnishings, whether maintenance or improvement, is written off in the year incurred. This includes all expenditure incurred to date in respect of the Hall Redevelopment Project, including the build costs, since the build is occurring on consecrated ground, and as such cannot be capitalised. ## **Other land and buildings** Other land and buildings held on behalf of the PCC for its own purposes are valued at cost. No depreciation is charged on such properties since it is considered that the estimated residual value of the properties is in excess of the purchase price. Any expenditure on maintenance or improvement is written off in the year incurred. ## **Other fixtures, fittings and office equipment** Equipment purchased within the accounting period is capitalised on the balance sheet. Individual items of equipment with a purchase price of £1,000 or less are written off in the year in which the asset is acquired. ## **Depreciation** Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset in a systematic basis over its expected useful life. Depreciation rates used are as follows: - 18 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2020** Furniture and solar panels – 10% per annum (estimated useful life 10 years), Equipment – 33.33% (estimated useful life 3 years) ## **f) Taxation** The charity is exempt from tax on its charitable activities. ## **g) Fund accounting** Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. The purpose of any restricted fund is noted in the financial statements. Restricted funds include amounts raised for the Hall Redevelopment Project (HRP). The financial statements include transactions, assets and liabilities for which the PCC can be held responsible. They do not include the accounts of church groups that owe an affiliation to another body nor those that are informal gatherings of church members. ## **h) Pension costs and other post-retirement benefits** The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **i) Bank and Cash** Bank and Cash include short-term deposits which include cash held on deposit at CAF Bank. ## **j) Loans** Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value. ## **k) Concessionary loans** Concessionary loans include those payable to third parties which are interest free and are made to advance charitable purposes. Where the loan is repayable on demand within one year, the loan is measured at cost, less impairment. Where the loan is repayable more than one year, the loan is initially measured at amortised cost using the effective interest rate method, less impairment. ## **l) Debtors and creditors receivable/payable within 1 year** Amounts owing to the PCC at 31st December in respect of fees, rents or other income are included as debtors at transactional values less any provision for amounts that may prove to be uncollectible. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. ## **m) Judgements** No judgements (apart from those involving estimates) have been made in the process of applying the above accounting policies. 19 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2020** |2|**YEAR ENDED 31 DECEMBER 2019 Comparatives**|**YEAR ENDED 31 DECEMBER 2019 Comparatives**|||| |---|---|---|---|---|---| |||**Unrestricted**|**HRP**|**Restricted**|**Total Funds**| ||_Note_|**Funds**|**Funds**|**Funds**|31.12.19| |||**£**|**£**|**£**|**£**| |**INCOME FROM**|||||| ||Donations and Legacies|254,439|102,676|7,125|364,240| ||Charitable activities|77,999|5,000|3,655|86,653| ||Other trading activities|5,039|0|0|5,039| ||Investments|3|0|0|3| ||**TOTAL INCOMING RESOURCES**|337,480|107,676|10,779|455,935| |**EXPENDITURE ON**|||||| ||Charitable activities|329,497|4,377|17,412|351,286| ||**TOTAL EXPENDITURE**|329,497|4,377|17,412|351,286| ||**NET INCOME/(EXPENDITURE)**|7,983|103,299|(6,633)|104,648| ||**Transfers between funds**|0|0|0|0| ||**NET MOVEMENT IN FUNDS**|7,983|103,299|(6,633)|104,648| ||**Reconciliation of funds**||||| ||**Total funds brought forward**|126,733|(107,364)|16,167|35,536| ||**TOTAL FUNDS CARRIED FORWARD at**||||| ||**31st DECEMBER 2019**|134,716|(4,065)|9,534|140,184| All income and expenditure is derived from continuing activities 20 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2020** ## **3 Reconcilation of net expenditure for year to net cash flow from operating activities** |**Net expenditure for year**
Interest receivable
Interest payable
Depreciation of tangible fixed assets
Decrease (increase) in debtors
Increase (decrease) in creditors
**Net cash flow from operating activities**
**4 Income from Donations and Legacies**
Gifts
Legacies
Government grants
Other Donations
**5 Income from charitable activities**
Rental income
Grants
Events and activities
Fees
`
**6 Income from investments**
Deposit interest
**7 Charitable Activities Costs**
Direct costs
£
Church Activities
265,251
See note 21 for further details
**8 Support/ Governance costs**
Independent examiners remuneration
**9 Net income for the period is stated after charging**
Depreciation of tangible fixed assets|Direct costs
£
265,251|31.12.20
£
41,400
(0)
4,246
7,838
4,566
(9,851)
**48,199**
31.12.20
£
254,013
0
13,077
35,793
302,883
31.12.20
£
18,343
4,900
13,189
1,061
37,493
31.12.20
£
0
Donations
£
39,454
31.12.20
£
1,800
31.12.20
£
7,838|31.12.19
£
104,648
(3)
4,177
6,729
24
(21,989)| |---|---|---|---| ||||**93,587**| ||||31.12.19
£
334,622
0
0
29,618| ||||364,240| ||||31.12.19
£
35,163
0
45,538
952| ||||81,653| ||||31.12.19
£
3| ||||Total
£
304,704| ||||31.12.19
£
1,800| ||||31.12.19
£
6,729| 21 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2020** ## **10 Trustees and key management personnel remuneration and expenses** Two trustees (AJ Wade and W Pegg) received £30,672 for church work during the year (2019 - £22,680) In 2020 and 2019 the incumbent and the curate were remunerated by way of a stipend by a a related party, being the Diocese of St Albans who are responsible for setting the level of remuneration. As is standard practice in the Church of England the clergy were provided with housing by the Diocese (incumbent) and PCC (curate). Four trustees, including incumbent and curate, were reimbursed £2,109 during the year (2019, 5 trustees - £7,459). This was for travel, hospitality, books and expenditure on behalf of the church. ## **11 Staff Costs** |Wages and salaries
Social security costs
Defined contribution pension costs|31.12.20
31.12.19
£
£
56,491
68,132
667
1,817
2,604
3,179
59,762
73,128| |---|---| The average monthly number of employees during the year was as follows: |Youth Minister and Children's Minister
Other|2020
2019
1
2
6
3
7
5| |---|---| No employees received remuneration in excess of £60,000 ## **12 Fixed Assets** |COST
At 1 January 2020
Additions
Disposals
At 31 December 2020
DEPRECIATION
At 1 January 2020
Charge for the year
Disposals
At 31 December 2020
NET BOOK VALUE
At 31 December 2020
At 31 December 2019|Freehold
Property
Equipment
Total
£
£
£
90,000
82,066
172,066
0
8,313
8,313
0
0
0| |---|---| ||90,000
90,379
180,379| ||0
73,131
73,131
0
7,838
7,838
0
0
0| ||0
80,969
80,969| ||90,000
9,410
99,410| ||90,000
8,935
98,935| _Note: The property held at 31 December 2020 consists of 161 Dudley Street, Bedford, which is subject to an equity sharing loan from the Church Commissioners (see loan note for further details)._ |**13 Debtors: amounts falling due within 1 year**
Other debtors|31.12.20
31.12.19
£
£
14,104
18,671
14,104
18,671| |---|---| 22 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2020** ## **14 Monies raised for others** During the year the following monies were collected for external organisations |Diocese of Egypt (Christmas appeal 2018)
Home of Hope toilets (Christmas appeal 2019)
Monkole Bible printing
Bedford Foodbank (Christmas appeal 2020)
Bishop's Harvest appeal
Ordinand training
Bike n Hike
Other|31.12.20
31.12.19
0
356
684
1,398
3,563
502
0
1,745
1,356
99
424
0
884
1,807
1,432
8,400
5,850| |---|---| A total of £908 was held as at 31 December 2020 (2019 - £2,283) ## **15 Creditors: amounts falling due within one year** |HRG creditors
HRG - interest free loan from members of congregation
Other creditors|31.12.20
31.12.19
£
£
57,810
59,838
0
0
6,041
13,864
63,851
73,702| |---|---| Members of the congregation have given interest free loans, repayable over five years to 31 December 2023. The final £20,000 was repaid during 2020. ## **16 Creditors: amounts falling due after more than one year** |HRG - interest free loan from members of congregation
Other creditors|31.12.20
31.12.19
£
£
-
20,000
55,679
55,679
55,679
75,679| |---|---| The PCC has a loan of £55,679 from the Church Commissioners which was taken out to assist with the purchase of 161 Dudley Street (the Curate's House) This is an interest only value linked loan representing 62% of the original value of the property. It is repayable on sale of the property together with a 62% share in any increase in value since acquisition. There are no plans to sell 161 Dudley Street ## **17 Financial commitments** The PCC had committed a total of £2.5m to the hall redevelopment project (31 December 2019 - £2.5m). As at 31 December 2020 a total of £2.46m had been spent, and no further amounts committed. The PCC has committed to spending £14,000 on upgrading the PA system as part of the live streaming, an additional £4,505 over that held in restricted funds. 23 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2020** ## **18 Related parties** The Diocese of St Albans is a related party by way of the constitution Details of receipts from related parties are found in note 20 Details of payments to related parties are found in notes 21 and 22 ## **19 Fund reconciliation - 2020** ## **Unrestricted funds** |**Unrestricted funds**|| |---|---| |General fund
Designated funds - Misison giving and repairs
Unrestricted house reserve - 161 Dudley Street|Balance at
Balance at
At 1.1.20
Income
Expenditure
Transfers
31.12.20
£
£
£
£
£
100,395
316,270
(288,375)
(4,500)
123,790
9,000
9,000
34,321
0
34,321| ||134,716
316,270
(288,375)
4,500
167,111| Certain mission giving and house repairs were not carried out in 2020. The PCC has set up a designated fund for this expenditure A grant for the live streaming was received as restricted income. The assocated expenditure has been capitalised and therefore the income transferred to unrestricted funds ## **Restricted funds** |Vicars discretionary fund
Hall fit out
Upgrade to PA system with live streaming
Holiday at Home (Seniors Holidays)
Total restricted excluding Hall redelopment
Hall redevelopment project|Balance at
Balance at
At 1.1.20
Income
Expenditure
Transfers
31.12.20
£
£
£
£
£
1,075
10,801
(9,253)
2,623
5,489
0
(6,189)
700
0
0
13,995
0
(4,500)
9,495
2,970
0
(887)
2,083| |---|---| ||9,534
24,796
(16,329)
(3,800)
14,201
(4,065)
5,038
0
(700)
273| ||5,469
29,834
(16,329)
(4,500)
14,474| Funds were raised for hall fit out, relating to the completing the hall redevelopment project. An amount has been transferred from the Hall redevelopment profect fund to the Hall fit out to eliminate the small deficit on Hall fit out. |Fixed assets
Cash and current investments
Other current assets
Creditors: amounts due in less than one year
Creditors: amounts due in more than one year|Unrestricted Restricted
HRP
funds
funds
funds
Total
31.12.20
31.12.20
31.12.20
31.12.20
£
£
£
£
99,410
99,410
115,316
14,201
58,083
187,600
14,104
14,104
-6,041
-57,810
-63,851
-55,679
-55,679| |---|---| ||167,111
14,201
273
181,585| 24 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2020** |**20 INCOME**
**Unrestricted**
**HRP**
**Restricted**
**Funds**
**Funds**
**Funds**
**Funds**
**Funds**
**31.12.20**
**31.12.19**
**£**
**£**
**£**
**£**
£
**Income from Donations and Legacies**
Standing orders & Envelope Scheme
195,915
5,038
200,953
282,720
Basket Collections
762
762
3,821
Government grants resulting from COVID-19
13,077
13,077
0
Income tax reclaimed
52,298
52,298
48,081
Other donations
15,497
20,296
35,793
29,618
277,549
5,038
20,296
302,883
364,240
Note - included above are the following amounts given by trustees
Unrestricted
30,533
26,675
HRG
0
9,950
Total
30,533
36,625
**Income from charitable activities**
Rental income
18,343
18,343
35,163
Social & Youth Events
6,696
6,696
29,177
Other grants
400
4,500
4,900
5,000
Morning Out receipts
385
385
1,454
Lunch Club Receipts
1,144
1,144
4,986
Holiday at Home
0
0
3,655
Fees
1,061
1,061
952
Sundry receipts
4,964
4,964
6,267
32,993
0
4,500
37,493
86,653
Note: Included in sundry income is an amount of £3,286 received from the Diocese of St Albans (2019 - £3,00
**Income from other trading activities**
Income from solar panels
5,728
5,728
5,039
5,728
0
0
5,728
5,039
**Income from investment**
Deposit interest
0
0
0
0
3
0
0
0
0
3
**TOTAL INCOME**
316,270
5,038
24,796
346,104
455,935|**20 INCOME**
**Unrestricted**
**HRP**
**Restricted**
**Funds**
**Funds**
**Funds**
**Funds**
**Funds**
**31.12.20**
**31.12.19**
**£**
**£**
**£**
**£**
£
**Income from Donations and Legacies**
Standing orders & Envelope Scheme
195,915
5,038
200,953
282,720
Basket Collections
762
762
3,821
Government grants resulting from COVID-19
13,077
13,077
0
Income tax reclaimed
52,298
52,298
48,081
Other donations
15,497
20,296
35,793
29,618
277,549
5,038
20,296
302,883
364,240
Note - included above are the following amounts given by trustees
Unrestricted
30,533
26,675
HRG
0
9,950
Total
30,533
36,625
**Income from charitable activities**
Rental income
18,343
18,343
35,163
Social & Youth Events
6,696
6,696
29,177
Other grants
400
4,500
4,900
5,000
Morning Out receipts
385
385
1,454
Lunch Club Receipts
1,144
1,144
4,986
Holiday at Home
0
0
3,655
Fees
1,061
1,061
952
Sundry receipts
4,964
4,964
6,267
32,993
0
4,500
37,493
86,653
Note: Included in sundry income is an amount of £3,286 received from the Diocese of St Albans (2019 - £3,00
**Income from other trading activities**
Income from solar panels
5,728
5,728
5,039
5,728
0
0
5,728
5,039
**Income from investment**
Deposit interest
0
0
0
0
3
0
0
0
0
3
**TOTAL INCOME**
316,270
5,038
24,796
346,104
455,935|**20 INCOME**
**Unrestricted**
**HRP**
**Restricted**
**Funds**
**Funds**
**Funds**
**Funds**
**Funds**
**31.12.20**
**31.12.19**
**£**
**£**
**£**
**£**
£
**Income from Donations and Legacies**
Standing orders & Envelope Scheme
195,915
5,038
200,953
282,720
Basket Collections
762
762
3,821
Government grants resulting from COVID-19
13,077
13,077
0
Income tax reclaimed
52,298
52,298
48,081
Other donations
15,497
20,296
35,793
29,618
277,549
5,038
20,296
302,883
364,240
Note - included above are the following amounts given by trustees
Unrestricted
30,533
26,675
HRG
0
9,950
Total
30,533
36,625
**Income from charitable activities**
Rental income
18,343
18,343
35,163
Social & Youth Events
6,696
6,696
29,177
Other grants
400
4,500
4,900
5,000
Morning Out receipts
385
385
1,454
Lunch Club Receipts
1,144
1,144
4,986
Holiday at Home
0
0
3,655
Fees
1,061
1,061
952
Sundry receipts
4,964
4,964
6,267
32,993
0
4,500
37,493
86,653
Note: Included in sundry income is an amount of £3,286 received from the Diocese of St Albans (2019 - £3,00
**Income from other trading activities**
Income from solar panels
5,728
5,728
5,039
5,728
0
0
5,728
5,039
**Income from investment**
Deposit interest
0
0
0
0
3
0
0
0
0
3
**TOTAL INCOME**
316,270
5,038
24,796
346,104
455,935| |---|---|---| ||5,728
0
0|| |||| ||0
0
0|| |||| ||0
0
0|0
3| |||346,104
455,935| ||316,270
5,038
24,796|| Note: Included in sundry income is an amount of £3,286 received from the Diocese of St Albans (2019 - £3,000). 25 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2020** |**21 Resources spent**
**Grants**
Mission and charitable giving
Other donations
**Directly relating to Church Ministry**
Parish share - payment to a related party
Clergy & staff expenses
Housing costs
Services including music
Telephones
Books
Explorers, Holiday Club & Youth Work
Training
Morning Out
Lunch Club
Holiday at Home
Outreach (including social events)
Sundries
Interest payable to Church Commissioners
**Church management and administration**
Heat and light
Insurance
Cleaning Materials
Church and property maintenance
Equipment - not capitalised
Hall Redevelopment
Salaries and wages
Printing, postage and stationery
Other
Depreciation
Support/Governance Costs
**TOTAL RESOURCES SPENT**|**Unrestricted**
**HRP**
**Restricted**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
30,201
0
0
9,253
30,201
0
9,253
137,648
2,809
957
4,235
2,928
50
3,961
65
421
799
887
6,682
1,698
4,246
166,499
0
887
4,419
2,700
2,482
9,388
6,189
-79
0
59,762
1,633
1,732
7,838
89,876
0
6,189|**Funds**
**Funds**
**31.12.20**
**31.12.19**
**£**
**£**
30,201
35,795
9,253
4,119
39,454
39,914
137,648
133,445
2,809
4,373
957
1,190
4,235
5,568
2,928
2,448
50
299
3,961
4,873
65
1,147
421
877
799
3,377
887
3,262
6,682
26,622
1,698
2,630
4,246
4,177
167,386
194,289
4,419
5,677
2,700
2,796
2,482
3,159
15,577
5,542
-79
7,114
0
4,377
59,762
75,392
1,633
3,237
1,732
1,261
7,838
6,729
96,065
115,283
1,800
1,800
304,704
351,286| |---|---|---| ||1,800|| |||| ||288,375
0
16,329|| 26 **PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, BEDFORD** ## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2020** |**22**
**DETAILS OF MISSION AND CHARITABLE GIVING**
**OVERSEAS**
Rob & Ruth S - Middle East
SIM (supporting the Deneufchâtel's)
Gayet (work in Belgium)
Specific work in Middle East
Malawi - Home of Hope
Specific sponsorship
Egypt EDA
Samuti - interfaith helpers
Neno Macadamia Trust
Malawi Orphan Fund
**HOME**
Bedford Area Schools Christian Support Trust
Kings Arms Project - Bedford
COACH including Beth Bradley (née Day)
Bedford Street Angels
Bedford Foodbank
International Justice Mission
Just Love
Friends for Life
Barnabas Fund
Other specific giving
Total mission
**OTHER**
Discretionary donations|**Total**
**General**
**Restricted**
31.12.20
6,500
0
**6,500**
6,560
0
**6,560**
6,026
0
**6,026**
500
0
**500**
0
0
**0**
0
0
**0**
500
0
**500**
500
0
**500**
0
0
**0**
1,000
0
**1,000**
**21,586**
**0**
**21,586**
4,540
0
**4,540**
500
0
**500**
1,000
0
**1,000**
550
0
**550**
500
0
**500**
0
0
**0**
500
0
**500**
525
0
**525**
500
0
**500**
0
0
**0**
**8,615**
**0**
**8,615**
**30,201**
**0**
**30,201**
0
9,253
**9,253**
**0**
**9,253**
**9,253**
**30,201**
**9,253**
**39,454**|**Total**
31.12.19
9,500
6,000
6,015
750
500
980
500
625
125
611| |---|---|---| |||25,606| |||4,520
500
1,500
50
500
125
500
0
625
1,869| |||10,189| |||**35,795**| |||2,949| |||2,949| |||| |||**38,744**| ## **TOTAL MISSION GIVING** _Note: Mission giving was set at 14% of General Gifts in 2020 (2019: 13%)_ 27