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2021-12-31-accounts

ALL SAINTS’ LALEHAM

PAROCHIAL CHURCH COUNCIL

Annual Report

and

Statement of Financial Activities

for the year ended 31 December 2021

Registered Charity Number 1135064

Office Address: All Saints’ Parish Office, The Broadway, Laleham, Staines, TW18 1RZ Tel: 01784 441160, e-mail: office@allsaintslaleham.org.uk

Incumbent: Revd. Dr. Andrew Saville, Laleham Vicarage, The Broadway, Laleham, Staines, TW18 1SB Tel: 01784 455524, e-mail: andy.saville@allsaintslaleham.org.uk

Bankers: Charities Aid Foundation (CAF), Santander and Nationwide (Playgroup).

Independent Examiner : Stewardship, 1 Lamb's Passage, London EC1Y 8AB

The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC is registered with the Charity Commission from March 2010 – Registration Number 1135064. The appointment of PCC members is governed by and set out in the Church Representation Rules. The PCC is required to co-operate with the Incumbent in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules.

During the year the following served as members of the PCC: Incumbent: Revd. Dr. Andrew Saville, the Chairman

Assistant Minister: Revd. Elspeth Saville

Associate Minister (PTO): Revd. Ian Smailes

Curate: Revd. Johnny Lawes

Families Minister: ( Victoria) Tori Biutanaseva

Licensed Lay Ministers : Alan McLaughlin, Richard Atterton (PTO), Alan Vince (PTO)

Churchwardens: Karen Rieveley, Ian Hunt

Elected Representative to the PCC up to the APCM 2021 were: Richard Atterton, Tori Biutanaseva, Deborah Bull, Ian Hunt, Sharon Maycock Prime, Debbie Nurse, Karen Rieveley, Jo Smith, Stewart Smith (deceased 1[st] Apr 2021), Ben Usher, Kasia Van’t Hoogerhuijs, Simon Williams, Alexandra Wren.

Elected Representative to the Deanery Synod (and thus members of the PCC) up to the APCM 2021 were: Deborah Bull, Alan McLaughlin, Rosalind Smailes, Stewart Smith (deceased 1[st] Apr 2021).

Ex officio members of the PCC: Revd. Andy Saville, Revd. Elspeth Saville (from January 2021)

Co-opted members up to the APCM 2021 were: Ian Smailes, Keith Vigurs

Elected to the PCC from the APCM 2021 were: Richard Atterton, Tori Biutanaseva, Deborah Bull, Ian Hunt, Sharon Maycock Prime, Debbie Nurse, Karen Rieveley, Jo Smith, Ben Usher (until 16[th] Nov 2021), Kasia Van’t Hoogerhuijs, Simon Williams, Alexandra Wren.

Elected Representative to the Deanery Synod (and thus members of the PCC) up to the APCM 2021 were: Deborah Bull, Alan McLaughlin, Rosalind Smailes.

Ex officio members of the PCC: Revd. Andy Saville, Revd. Elspeth Saville, Revd. Johnny Lawes (from July 2021)

Co-opted members subsequent to the APCM 2021 were: Revd. Ian Smailes

Honorary Treasurer: Keith Vigurs (co-opted member of PCC) until 11[th] May 2021, then replaced by Simon Williams from 11[th] May 2021.

Also in attendance:

Honorary Secretary: Louise Blackwell until 20th Jul 2021, then replaced by the Vicar.

Page 1

The PCC met 7 times in 2021, including a ‘Day Away’ morning in the Youth Centre in November.

Other roles in the Church include: Electoral Roll Officer: Mary Hunt

There were 188 Church members on the Church Electoral Roll.

Church Safeguarding Officers: Jan Vince and Wendy Williams

Children’s Champion: Alexandra Wren

Administrators: Mary Hunt, Claire Welham

England was in ‘lockdown’ for the much of the Spring term, with Covid 19 pandemic restrictions gradually easing from the summer. Some of our usual services, events and activities were suspended, some operated online through Zoom or YouTube and further events were introduced for the first time. The following hopefully gives a flavour of what God enabled us to do in 2021.

1. Worship

Page 2

2. Connect

Page 3

3. Grow

4. Serve

Page 4

5. Share

Fabric Committee: Alastair Duncan (Chair until the APCM 11[th] May 2021, stood down 30[th] Sep 2021), Alan McLaughlin, Mike Nelson, Kasia Van’t Hoogerhuijs (Chair following APCM 11[th] May 2021), Rob Van’t Hoogerhuijs, Sharon Maycock Prime (from May 2021), Jennie Curtis (Honorary Secretary).

The Church

Two major projects were completed in 2021:

A number of smaller projects have been completed to maintain and enhance.

The Youth Centre

Page 5

With great thanks to the tireless work of the Fabric Committee, who oversee all the regular maintenance, alongside projects and dealing with problems as they arise. The current members of the Fabric Committee are: Jennie Curtis; Sharon Maycock-Prime; Alan McLaughlin; Mike Nelson; Rob Van t’Hoogerhuijs; Kasia Vant’ Hoogerhuis, with Andy Saville recently joining as Chair.

A particular debt of thanks is owed to Alastair Duncan, who stepped down from the Fabric Committee for a well-earned break, after many years of indefatigable service.

Quinquennial Inspection Report

Looking ahead, the most recent Quinquennial Inspection Report was completed in January 2020 by architect, Robert Shaw. This listed the following items, [with a comment added]:

11.00 WORKS OF UTMOST URGENCY

11.01 Commission a specialist electrical inspection and send a copy of the inspection report to the QI. [Booked for April 2022, at a cost up to £500 + VAT.]

11.02 Carry out any category 1 and 2 items found necessary. Send a copy of the inspection report to the QI. [This will be determined by the electrical inspection.]

11.03 Re-set loose wooden flooring strips. [Completed]

11.04 Repair to the new handrail for the steps beside the porch. [Completed]

12.00 WORKS IMPORTANT WITHIN THE NEXT 18 MONTHS

12.01 Replace missing section of tower lead rainwater pipe (now that the spate of lead theft has abated and legislation may be proving effective). [To be done. £800 from an insurance claim is available for this.] 11.02 Investigation and necessary replacement of nave west wall render cracking. [Completed] 11.03 [sic] Initiate a design project to re-order the ground and first floor levels of the tower. [This is not expected to be progressed within the coming year]

11.04 [sic] Prepare proposals for burial/scattering of additional ashes – or a columbarium perhaps. [This is not expected to be progressed within the coming year]

13.00 WORKS OF DESIRABLE WITHIN THE NEXT 5 YEARS

13.01 Repairs and re-pointing to several areas of deteriorated external brickwork. [Completed]

We echo the architect’s conclusion, with gratitude to church members past and present, and above all to God:

10.01 This is a beautiful and much-loved church and it is well used and very well cared-for by an enthusiastic congregation. It gives few causes for real concern, which is very much to the credit of the Incumbent, Churchwardens and the large number of parish activists.

Finance Committee until APCM: Keith Vigurs, Stewart Smith (deceased 1[st] Apr 2021), Linda Dibben

Finance Committee following APCM: Simon Williams, Deborah Bull, Ian Dibben, Linda Dibben, Keith Vigurs, Wendy Williams.

Including the Playgroup, total receipts on unrestricted funds were £266,329 (2020: £238,459) of which £123,740 were planned voluntary donations together with a further £28,056 from Gift Aid. Restricted income of £50,336 (2019: £56,275) including Gift Aid was also received. The restricted income included £47,031 to support our Curate and £2850 to support our Mission Partners.

Total expenditure for the year was £301,181 (2020: 297,815), leading to a net income (surplus) of £17,503 (2020: net expenditure (deficit) of £2,191) after a gain on investments of £2,019 (2020: gain of £889). As a result, total reserves increased from £179,695 at the end of 2020 to £197,197 at the end of 2021, of which £38,984 (2020: £23,113) were for restricted purposes and £5,340 held in an endowment fund. The increase in reserves was caused by one-off donations to the Curate fund and the receipt of legacies totaling £29,000 that were designated by the PCC for use in property improvement e.g. replacement of the church heating system.

General unrestricted income was £165,951 (2020: £166,335) and this was used to pay routine running expenses of £178,097 (2020: 176,679). The deficit was mitigated by gains in our investments and donations from Playgroup for the use of the Youth Centre. The closing balance of the General Fund was £54,306, representing 3.7 months of expenditure on routine running expenses. The PCC reserves policy is to maintain 3-6 months of routine expenditure in the General Fund in accordance with expert advice. We will need to increase regular income and/or decrease routine expenditure in 2022 to avoid another deficit, put our finances on a sustainable footing and keep within our reserve policy guidelines.

Page 6

Our Parish Share or Quota, which provides the stipends, pensions, training, and housing for clergy, from unrestricted funds amounted to £85,200, the same as for 2020.

Regrettably, the finance team were duped into paying £3800 into a fraudster's bank account on 14th June 2021 when paying the deposit and first month’s rent for the curate’s house. The police, CAF Bank, Parochial Church Council and Diocese were notified but the money was not recovered. To avoid reoccurrence, we have adopted a procedure to double check new and changed bank account details of payees via different communication methods. The investigation was unable to determine which email account was hacked by the fraudster but nevertheless members of the finance team have switched to email accounts from the allsaintslaleham.org.uk domain. This allows the PCC to control the security of the email accounts and ensures the use of 2-factor authentication so that spoofing of finance team sourced emails is much more difficult.

Cash collections were suspended during the pandemic when we could not meet in person and even when we could meet, the precautions to minimize infection transmission precluded the handing of bank notes. Some who previously gave cash switched to standing order, but some prefer to give Sunday by Sunday. A new digital giving system was introduced in September 2021 which enabled people to make contactless card or Chip & PIN donations. The new system facilitated donations of £2,121 in 2021 to pay for routine expenses and the costs of particular events e.g. the “In Search of Light” QR trail. The system will continue to be useful for people who do not normally carry cash, but now that coronavirus restrictions have ended, we intend to re-introduce cash collections to provide choice.

The finance team is producing a new, more detailed financial control policy document and the first draft covering the key sections was reviewed by the PCC in 2021. The document was well received, and work is continuing to complete it and apply it.

Simon would like to thank Keith Vigurs for his patient support and guidance in progressively handing over the Treasurer role following his well-deserved retirement. He would like to thank Deborah Bull for taking on the role of Deputy Treasurer and maintaining operations while he was unwell or unavailable. He would also like to thank Ian Dibben and Sue Evans for help in operating the financial processes during the year, Linda Dibben for being prepared to deputize on staff payroll matters and Wendy Williams for managing the financial affairs of or Playgroup.

Standing Committee:

Up to the APCM 2021 were: Revd. Andrew Saville, Ian Hunt, Karen Rieveley, Stewart Smith (deceased 1[st] Apr 2021), Keith Vigurs.

From the APCM 2021 were: Revd. Andrew Saville, Deborah Bull, Ian Hunt, Karen Rieveley, Simon Williams. The only committee required by law, it has power to transact the business of the PCC between its meetings, subject to any directions given by the Council. This committee comprises the Incumbent, the Churchwardens, and at least two elected members from the PCC, which usually include the Treasurer and Secretary, if they are PCC members. The Standing Committee usually meets 2 weeks prior to the PCC to plan the agenda.

Safeguarding: Jan Vince (Safeguarding Officer) assisted by Wendy Williams.

The Church Safeguarding Policy was reviewed and agreed following the APCM meeting in 2021. The new policy is displayed on notice boards in the church, the Youth Centre, and the school.

We continue to conduct DBS (Disclosure & Barring Service) checks on everyone who volunteers with the children and young people in our church. We have kept these checks up to date throughout the pandemic to ensure that those meeting on Zoom were cleared, and to ensure that we were ready for face-to-face contact. We are now required to renew the DBS checks every 3 years (previously 5 years), except for the Playgroup staff who, for best practice in Early Years Education, have their DBS status checked every term.

We continue to ensure our volunteers update their Safeguarding training every 3 years as required by the Church of England. This is currently offered as online training, either to be completed independently or with Jan and Wendy if required. We continue to have difficulties getting responses from some volunteers and ensuring that everyone completes this training when required. PCC members are also now required by the Diocese to have basic safeguarding training and the current PCC members have all completed this. We currently have 60 members of the church DBS checked. We understand that the numbers will change as some no longer volunteer with the children and young people, and so will not be renewing their checks and training. In recent months some new volunteers have come forward and have been DBS checked and

Page 7

completed Safeguarding training.

The Church Safeguarding Audit is completed each March, with targets being set based on the requirements of the Parish Safeguarding Handbook published by the House of Bishops. As required, we completed a policy for Domestic Abuse which is now displayed on our notice boards. There is also the requirement for a policy on the use of Social Media. A target for completing this was on the previous audit. Completion of this by the PCC is still awaited.

A draft of the latest Safeguarding Audit has been produced, including targets for the coming year. It will be amended after comments are received and will then need to be approved by the PCC before it is forwarded to the Diocese.

The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (which sets out the PCC's obligations to safeguard children and vulnerable adults).

Statement of Parochial Church Council Responsibilities

Under the Charities Act 2011, the PCC is required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of affairs of the church. They are required to:

Select suitable accounting policies and apply them consistently.

Make judgements and estimates that are reasonable and prudent.

State whether the policies adopted are in accordance with the Church Accounting Regulations and with applicable accounting standards.

Prepare the financial statements on an ongoing basis.

They are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time, the financial position of the church and to ensure that such accounts comply with applicable accounting standards, and with the Statements of Recommended Practice and the Regulations made under Section 130 of the Charities Act 2011. They also have a responsibility to safeguard the assets of the church and to take reasonable steps for the prevention of fraud and other irregularities.

The Trustees have complied with the duty to have due regard to the public benefit guidance published by the Charity Commission.

For and on behalf of the Parochial Church Council

Revd. Dr. Andrew Saville Chairman

Date: 12 April 2022

Page 8

INDEPENDENT EXAMINER'S REPORT

TO THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL ('the Charity')

I report to the members of the PCC (who are also the charity's trustees) on my examination of the accounts of the Charity for the year ended 31 December 2021 on pages 10 to 22 following, which have been prepared on the basis of the accounting policies set out on pages 12 to 14.

Responsibilities and basis of report

As members of the PCC 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 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants of Scotland, which is one of the listed bodies.

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

  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.

Archie McDowall BA, CA Member of The Institute of Chartered Accountants of Scotland

Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: 13 April 2022

Page 9

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 DECEMBER 2021

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Total income and endowments
EXPENDITURE ON:
Charitable activities
7
Raising funds
9
Total expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
17
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
17		 Unrestricted
Funds
£
186,087
78,665
1,276
300
266,329
271,267
-
271,267
1,353
(3,585)
(124)
(3,709)
156,582
152,873		 Restricted
Funds
£
50,199
-
-
137
50,336
29,915
-
29,915
20,421
(4,550)
15,872
23,113
38,984		 Endowment
Funds
£
-
-
-
-
-
-
-
-
666
666
4,674
5,340
-
5,340		 Total
Funds
2021
£
236,286
78,665
1,276
438
316,665
301,181
-
301,181
2,019
17,503
-
17,503
179,695
197,197		 Total
Funds
2020
£
220,113
70,852
3,065
704
294,735
297,753
62
297,815
889
(2,191)
-
(2,191)
181,887
179,696

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The notes on pages 12-21 form part of these accounts.

Page 10

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

BALANCE SHEET

AS AT 31 DECEMBER 2021

Note
FIXED ASSETS
Investments
11
CURRENT ASSETS
Stock
12
Debtors
13
Cash at bank and in hand
14
CREDITORS: Amounts falling
due within one year
15
Net current assets / (liabilities)
TOTAL NET ASSETS
FUND BALANCES
17
Unrestricted Funds
General funds
Designated funds
Restricted Funds
Endowment Funds		 Unrestricted
Funds
£
10,758
10,758
30
8,597
142,257
150,884
(8,769)
142,115
152,873
54,306
98,567
152,873
-
152,873		 Restricted
Funds
£
-
-
-
88
38,896
38,984
-
38,984
38,984
-
38,984
38,984		 Endowment
Funds
£
5,340
5,340
-
-
-
-
-
-
5,340
-
5,340
5,340		 Total
Funds
2021
£
16,097
16,097
30
8,686
181,153
189,869
(8,769)
181,100
197,197
54,306
98,567
152,873
38,984
5,340
197,197		 Total
Funds
2020
£
14,079
14,079
92
6,218
165,434
171,744
(6,128)
165,616
179,695
62,373
94,209
156,582
23,113
-
179,695

The financial statements were approved by the members of the PCC and were signed on its behalf by:

Revd. Dr. Andrew Saville

Date: 12 April 2022

Charity number: 1135064

The notes on pages 12-21 form part of these accounts.

Page 11

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

1 Statutory Information

The Parochial Church Council of All Saints Church Laleham is a charity registered with the Charity Commission in England & Wales. The charity's registered number and principal address can be found on the Charity Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention. The financial statements include all activities for which the PCC is legally responsible; the activities of informal gatherings of church members and groups that owe their main affiliation to another body and are excluded.

These financial statements have been prepared in accordance with The Church Accounting Regulations 2006, 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)' ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The Charities (Accounts and Reports) Regulations 2008 (the '2008 Regulations') requires charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005' but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed to be necessary for these financial statements to give a 'true and fair view'.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern

The PCC have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The PCC have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the PCC have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The PCC have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

In making this assessment the trustees have considered the impact of Covid-19.

b) Income Income (which includes planned giving, collections and other donations) is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part income is generally recognised when it is received by, or on behalf of, the PCC. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations and legacies includes:

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from the Playgroup, church retreats and other events and courses.

c) Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Contributions in respect of the diocesan parish share are included in the Statement of Financial Activities for all amounts agreed to being payable for the financial year.

Page 12

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

d) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the PCC in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the PCC for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

e) Tangible fixed assets

Consecrated and beneficed property is not included in these financial statements by virtue of s.10(2) of the Charities Act 2011. All expenditure on consecrated or beneficed buildings is written off in the year in which it is incurred.

Movable church furnishings held by the incumbent and Churchwardens on special trust for the PCC and which require a faculty for disposal are capitalised in accordance with the policy set out below. These items are regarded as inalienable property and are listed in the church's inventory which can be inspected at any reasonable time. Inalienable property acquired prior to 2000 has not been capitalised as there is insufficient cost information available.

The Youth Centre which was built in the 1960's at a cost of approximately £7,000 on land given to All Saints' for that specific purpose, would today cost approximately £250,000. However it is not considered to be a realisable asset since we have been advised that no other use would be permitted. Therefore it is not included on the balance sheet.

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than 5% of total expenditure in the accounting period and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Freehold land Is not depreciated (because it is not consumed by use) Freehold buildings Over 50 years after taking account of the building's residual value Equipment Over 3 to 7 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

f) Stocks

Stocks of books purchased for re-sale are stated at the lower of cost and net realisable value.

g) Pension scheme arrangements

The charity contributes to the Church Workers Pension Fund, which is a multi-employer defined benefits pension scheme as described in Section 28 of FRS 102. The charity is not able to identify its share of the Scheme's assets and liabilities and, therefore, as permitted by FRS 102, the Scheme is accounted for as if it were a defined contribution pension scheme. Contributions to the Scheme are charged to the Statement of Financial Activities as they become payable. Further information about the Scheme is disclosed in note 16 'Pension Commitments'.

h) Taxation

The charity has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

i) Financial instruments

j) Exemption from preparing a cashflow statement

The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

Page 13

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

The members of the PCC do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.

3 Donations and legacies

Planned Giving
Tax Recoverable
Other Giving
Special Appeals
Collections
Legacies
4
Income from charitable activities
Fees for weddings and Funerals
Book Sales
Holiday Club
Church weekend and youth events
Other generated income
Playgroup: Local Authority Funding
Fees
Fundraising
Job Retention Scheme grants
Other
5
Income from other trading activities
Lettings
Advertising fees
6
Investment income
Dividends & interest		 2021
£
133,592
34,379
38,524
-
792
29,000
236,286
2021
£
4,573
490
225
-
-
53,117
18,380
338
1,540
3
78,665
2021
£
1,276
-
1,276
2021
£
438
438		 2020
£
128,945
40,257
30,000
14,869
3,072
2,968
220,112
2020
£
1,705
80
-
-
-
59,185
9,711
149
-
22
70,852
2020
£
2,265
800
3,065
2020
£
704
704

Page 14

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

7 Charitable expenditure

a
Costs incurred directly on specific activities
Ministry costs
note
Diocesan contribution
Other clergy costs
8(a)
Assistant Vicar
Church running expenses
8(b)
Church maintenance
8(c)
Upkeep of services
Upkeep of churchyard
8(d)
Parish newsletter
Training & support costs (inc youth w 8(e)
Youth Centre running costs
8(f)
Playgroup running costs
8(g)
Bookstall
Grants payable (see b) below)
Administration
Salary
Administration
Telephone
Insurance
Utilities
Office refurbishment & maintenance
Governance Costs
Total expenditure on charitable activities
b
Grants payable
Grants for UK and overseas mission
Grants for the relief of poverty
The charity's principal grants to institutions comprised:
Bible Society
Barnabus Trust
Leprosy Mission
London City Mission
Church Pastoral Aid Society
Tearfund
Grants to institutions for less than £1,000 each		 2021
£
85,200
44,620
-
5,829
20,196
5,522
5,530
-
5,195
16,201
68,371
396
257,060
2,906
27,486
7,988
694
536
1,133
499
2,880
41,216
301,181
2021
£
1,481
1,425
2,906
2021
£
-
-
-
-
1,125
1,425
356
2,906		 2020
£
85,200
21,236
-
4,641
8,346
7,489
7,478
824
3,220
21,834
61,808
131
222,204
41,335
25,392
4,064
585
360
827
76
2,910
34,213
297,753
2020
£
39,792
1,543
41,335
2020
£
12,582
12,500
-
12,500
601
1,543
2,210
41,335

The fee payable to the independent examiner for preparing and examining the accounts was £2,880 (2020: £2,880). The charity paid £nil (2020: £nil) to Stewardship for other services

Page 15

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

8
8(a) Other Clergy costs
Clergy expenses
Vicarage expenses
Curate's house expense
Curate training contribution
Additional staff costs
Staff expenses
Preaching costs
8(b) Church Running expenses
Insurance
Telephone and internet
Utilities
8(c)
Church maintenance
Repairs & maintenance
Other costs
8(d) Upkeep of Churchyard
Contract Gardener
R&M and other costs
8(e) Training & support costs
Hire of school
Children's holiday club
Children's work
Parish support and mission
Education
8(f)
Youth Centre costs
Insurance
Utility charges
Repairs & maintenance
Other costs
8(g) Playgroup costs
Salaries
Running costs
Equipment & consumables
Donations
9
Fundraising costs
Stewardship costs		 2021
£
1,512
623
15,161
9,868
16,697
759
-
44,620
2,090
533
3,206
5,829
20,196
20,196
5,262
268
5,530
1,925
72
1,048
2,150
-
5,195
1,465
3,785
10,415
537
16,201
61,848
4,940
1,389
195
68,371
2021
£
-
-		 2020
£
4,283
777
-
-
15,443
-
733
21,236
2,008
285
2,347
4,641
8,346
8,346
5,538
1,940
7,478
2,488
35
645
15
36
3,220
1,407
2,412
15,065
2,949
21,834
57,780
2,590
1,393
45
61,808
2020
£
62
62

Page 16

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

10 Analysis of staff costs, the cost of key management personnel and trustee remuneration and expenses

Gross wages and salaries
Pension costs		 Church
Playgroup
2021
£
£
£
40,800
61,848
102,648
3,382
3,382
44,182
61,848
106,030		 Church
Playgroup
2020
£
£
£
39,123
57,780
96,903
3,418
3,418
42,541
57,780
100,321

The average monthly number of church employees during the year was 3 (2020: 3). The average monthly number of playgroup employees during the year was 12 (2020: 10). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

The charity's key management comprise the members of the PCC and the key staff named in the Trustees Annual Report. Total employment benefits payable to key management for the year were as follows:

Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Key management connected to members of the PCC
Mary Hunt, church administrator, spouse of trustee
13,026
65
521
Wendy Williams, playgroup, spouse of trustee
4,608
-
-
Tori Biutanaseva, Families Minister, member of PCC
15,978
80
639
Other members of key management
13,276
66
531		 2021
£
13,612
4,608
16,697
13,873
48,790

The following amounts were payable in the previous year:

following amounts were payable in the previous year:
Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Key management connected to members of the PCC
Mary Hunt, church administrator, spouse of trustee
12,866
1,093
Wendy Williams, playgroup, spouse of trustee
7,184
-
Tori Biutanaseva, Families Minister
13,906
1,231
Other members of key management
12,351
1,094		 2020
£
13,959
7,184
15,137
13,445
49,725

Andrew Saville, clergy member of the PCC, and Jonathan Lawes, Curate in Training and member of the PCC, receive a stipend from the Diocese and so are not employees; some of the Parish Share paid to the Diocese is used to help meet the cost of these stipends. Andrew and Jonathan are provided with accommodation (which is customary for clergy) and the cost of this accommodation to the PCC is disclosed in note 8 'Charitable Expenditure'. The charity also reimbursed expenses to Andrew and Jonathan, again these costs are disclosed in note 8 'Charitable Expenditure' under the heading 'Clergy expenses'. In addition, the PCC contributed £9,868 towards the diocesan costs of employing and training Jonathan.

No other member of the PCC received employment benefits in either the current or preceding year.

11 Investments:

CBF Church of England
460 Investment Fund Income Units
COIF Charities
260 Investment Fund Units
Opening Market Value
Net Gain(Loss) in the year on revaluation
Closing Market Value		 # Units
460
260
720		 2021
Value
£
10,758
5,340
16,097
14,079
2,019
16,097		 2020
Value
£
9,405
4,674
14,079
13,190
889
14,079

Page 17

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

12 Stock

Books purchased for re-sale, at cost
tors
Income Tax Recoverable - Church
Other Debtors
Prepayments
h at Bank and in Hand
Church
Santander
CAF Bank
Cash in hand
Playgroup
Santander
Cash
Building Society
CBF Church of England Deposit
itors: liabilities falling due within one year
Creditors and Accruals		 2021
£
30
30
2021
£
2,381
2,329
3,976
8,686
2021
£
50,015
45,383
-
12,014
112
22,415
129,940
51,213
181,153
2021
£
8,769
8,769		 2020
£
92
92
2020
£
2,545
-
3,673
6,218
2020
£
51,930
27,472
605
11,754
74
22,412
114,248
51,186
165,434
2020
£
6,128
6,128

13 Debtors

14 Cash at Bank and in Hand

15 Creditors: liabilities falling due within one year

16 Pension commitments

The Church Workers Pension Fund (CWPF)

The charity participates in the Pension Builder Scheme section of CWPF for lay staff. The Scheme is administered by the Church of England Pensions Board, which holds the assets of the schemes separately from those of the Employer and the other participating employers.

The Pension Builder Scheme is a defined benefits scheme and has two sections - a deferred annuity section known as Pension Builder Classic and a cash balance section known as Pension Builder 2014.

Pension Builder Classic provides a pension for members for payment from retirement, accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from time to time. Bonuses may also be declared, depending upon the investment returns and other factors.

Pension Builder 2014 is a cash balance scheme that provides a lump sum that members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. This account may have bonuses added by the Board before retirement. The bonuses depend on investment experience and other factors. There is no requirement for the Board to grant any bonuses. The account, plus any bonuses declared, is payable from members’ Normal Pension Age.

There is no sub-division of assets between employers in each section of the Pension Builder Scheme. The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and that contributions are accounted for as if the Scheme were a defined contribution scheme. The pension contributions payable for the year, which have been charged to the Statement of Financial Activities, were £3,382.46 (2020: £3,082).

A valuation of the Pension Builder Scheme is carried out once every three years. The most recent was carried out as at 31 December 2019.

For the Pension Builder Classic section, the valuation revealed a deficit of £4.8m on the ongoing assumptions used. At the most recent annual review, the Board chose not to grant a discretionary bonus, which will have acted to improve the funding position. There is no requirement for deficit payments at the current time.

Page 18

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

For the Pension Builder 2014 section, the valuation revealed a surplus of £5.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time.

The legal structure of the Scheme is such that if another employer fails, the PCC could become responsible for paying a share of that employer’s pension liabilities.

17 Funds

During the year the movements in the charity's funds were as follows:

Designated Funds
Playgroup
Legacy - Property Improvement
Legacy - Support Staff
Legacy - Curate reserve
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Mission
Bursary Fund
Curate Fund
Church yard
Parent & Toddlers
Endowment Funds
Alfred Want churchyard fund
Aggregate of funds		 Opening
balance
2021
£
34,385
16,891
42,933
94,209
62,373
156,582
(24)
2,810
15,600
4,726
-
23,113
-
179,695		 Incoming
resources
2021
£
73,378
27,000
-
-
100,378
165,951
266,329
2,850
-
47,031
137
317
50,336
-
316,665		 Outgoing
resources
2021
£
(68,371)
(16,427)
(8,371)
-
(93,169)
(178,097)
(271,266)
(2,850)
-
(26,964)
(100)
(29,915)
-
(301,181)		 Transfers
in the year
2021
£
(4,850)
2,000
(25,000)
25,000
(2,850)
2,726
(124)
24
-
-
(4,726)
152
(4,550)
4,674
-		 Gains and
losses
2021
£
-
-
-
-
-
1,353
1,353
-
-
-
-
-
-
666
2,019		 Closing
balance
2021
£
34,542
29,463
9,562
25,000
98,567
54,306
152,873
0
2,810
35,667
137
369
38,984
5,340
197,197

The transfers referred to above were made for the following reasons:

a) The transfer from the designated Playgroup fund to General funds represents rent for the year.

b) An unrestricted legacy of £2,000 was allocated to the designated Property Improvement Fund by the PCC

c) £25,000 was transferred from the Support Staff designated fund to the Curate designated fund by the PCC

d) 2 small transfers were made to restricted funds from the general funds to reallocate income received, and one transfer was made from the Churchyard restricted fund to the general funds to recognise previous years' expenditure which had not been allocated.

e) A transfer was made from Restricted Churchyard funds to Alfred Want churchyard fund as it has been established that this is an endowment fund.

Page 19

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

Unrestricted Funds Unrestricted Funds
General Designated Restricted Endowment
funds funds funds funds 2021
£ £ £ £ £
Fixed asset investments 10,758 - - 5,340 16,097
Stock 30 - - - 30
Debtors 8,597 - 88 - 8,686
Cash at bank and in hand 43,689 98,567 38,896 - 181,153
Creditors falling due within one year (8,769) - - - (8,769)
54,306 98,567 38,984 5,340 197,197
In the previous year the movements in the charity's funds were as follows:
Opening Incoming Outgoing Transfers Gains and Closing
balance resources resources in the year losses balance
2020 2020 2020 2020 2020 2020
£ £ £ £ £ £
Designated Funds
Playgroup 30,436 69,156 (61,608) (3,600) - 34,385
Legacy - Property Improvement 20,000 2,968 (6,077) - - 16,891
Legacy - Support Staff 50,500 - (7,567) - - 42,933
100,936 72,124 (75,252) (3,600) - 94,209
General Unrestricted Funds 68,516 166,335 (176,679) 3,595 607 62,373
Total Unrestricted Funds 169,452 238,460 (251,931) (5) 607 156,582
Restricted Funds
Mission 7 40,675 (40,706) - - (24)
Building Appeal 5,173 - (5,178) 5 - 0
Bursary Fund 2,810 - - - - 2,810
Curate Fund - 15,600 - - - 15,600
Churchyard 4,444 - - 282 4,726
12,435 56,275 (45,884) 5 282 23,113
Aggregate of funds 181,887 294,735 (297,815) - 889 179,695

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

Fixed asset investments
Stock
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
funds
funds
£
£
9,405
-
92
-
6,218
-
52,786
94,209
(6,128)
-
62,373
94,209
Unrestricted Funds		 Restricted
funds
£
4,674
-
-
18,439
-
23,113		 2020
£
14,079
92
6,218
165,434
(6,128)
General
funds
£
9,405
92
6,218
52,786
(6,128)
62,373
179,695

Page 20

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

Designated Funds

The Playgroup Fund represents the income and expenditure for the Laleham Church Playgroup

The Legacy - Property Improvement Fund represents unrestricted legacy income which the PCC has designated for use on property maintenance & improvements

The Legacy - Support Staff Fund represents unrestricted legacy income which the PCC has designated for costs associated with staff employment

The Legacy - Curate reserve Fund represents unrestricted legacy income which the PCC has designated for costs associated with having a Curate.

Restricted Funds

The Mission Fund represents donations received for mission partners

The Building Appeal Fund represents income received for specific building projects.

The Bursary Fund represents the income received to enable children to attend Christian events, camps and holidays.

The Curate Fund represents income received to contribute towards the costs associated with having a Curate.

The Churchyard Permanent Endowment Fund represents the investment made by the charity of Alfred Want for the purpose of maintaining the grave and gravestone of John Thornton and the lychgate erected in his memory

During the year the charity:

During the year the charity received donations totalling £57,370 (2020: £41,700) from related parties (which includes members of the PCC, any other members of key management and anyone closely connected to them).

During the year the charity also made the following payments to, or for, related parties:

Page 21

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

YEAR ENDED 31 DECEMBER 2021

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Total income and endowments
EXPENDITURE ON:
Charitable activities:
7
Raising funds
9
Other
Total Expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
17
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
17		 General
2021
£
159,087
5,288
1,276
300
165,951
178,097
-
-
178,097
1,353
(10,793)
2,726
(8,067)
62,373
54,306
Unrestric		 Unrestric Designated
2021
£
27,000
73,378
-
-
100,378
93,170
-
-
93,170
-
7,208
(2,850)
4,358
94,209
98,567
ted funds		 Restricted
2021
£
50,199
-
-
137
50,336
29,915
-
-
29,915
-
20,421
(4,550)
15,871
23,113
38,984		 Endowment
2021
£
-
-
-
-
-
-
-
-
-
666
666
4,674
5,340
-
5,340		 Total
2021
£
236,286
78,665
1,276
438
316,665
301,181
-
-
301,181
2,019
17,502
-
17,502
179,695
197,197		 General
2020
£
160,869
1,785
3,065
615
166,334
176,617
62
-
176,679
607
(9,738)
3,595
(6,143)
68,516
62,373
Unrestric		 Unrestric Designated
2020
£
2,968
69,067
-
89
72,124
75,252
-
-
75,252
-
(3,127)
(3,600)
(6,727)
100,936
94,209
ted funds		 Restricted
2020
£
56,275
-
-
-
56,275
45,884
-
-
45,884
282
10,673
5
10,678
12,435
23,113		 Endowment
2020
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total
2020
£
220,112
70,852
3,065
704
294,734
297,753
62
-
297,815
889
(2,192)
-
(2,192)
181,887
179,695

Page 22