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2020-12-31-accounts

Page
Reference and Administrative
Details
Trustees' report 2-12
Independent
Examiner's		 Report 13
Statement ofFinancial Activities 14
Balance Sheet 15
Cash Flow Statement 16
Notes to the Financial Sta1ements 17-26
These pages do not form part ofthe statutory accounts:
Statement ofFinancial Activities by Fund 27
The Parochial Church Council ofthe Ecclesiastical Parish ofStPeter, Heswall Church Council ofthe Ecclesiastical Parish ofStPeter, Heswall
Reference and Administrative
Details
Trustees Clergy and Officers: The Revd Martin Cannam,
Rector
Mr Michael Barritt, Reader (Designated)
Mrs Jennie Hewitt, Reader (Designated)
The Revd Josh Carlson, Curate
Mr Clive Pleasance, Churchwarden
Mr David Rushworth,
Churchwarden		 and Deanery Synod Representative
Mr David Wetherell,
Deanery Synod Representative
Dr Christine Wetherell
PhD, Deanery		 Synod Representative
Mr Michael Donnan,
Hon. Treasurer
Secretary: Mrs Barbara Brooker
Other Officers and Trustees: Miss Caroline Mainey, Elected Council
Mr Noah Cambridge,
Elected Council
Mr Stephen
Blair, Elected Council
Miss Bethany Penn, Elected Council
Ms Sophia Nelson, Elected Council
Mr Ray Frobisher,
Elected Council
Mr Peter Klemperer,
Elected Council
Mrs Alison Bell, Elected Council
Mrs Julie Draper, Elected Council
Mr Mark Elson, Elected Council
Ms Victoria Evans, Elected Council
Mr Graham Sharpe, Elected Council
Principal Office: The Parish Offlce
St Peter's Church
Village Road
Heswall
Wirral
CH60 ODZ
CharIty Registration Number: 1135105
Bankers: Lloyds Bank
137Telegraph
Road, Heswall
Wirral
CH60 OAN
Independent Examiner: Hallwood
&Co
392-394 Hoylake Road, Moreton
Wirral
CH46 6DF

RISK STRATEGY FOR RISKMANAGEMENT
Strategic
Lack of strategic direction —failure to react to Ensure
PCC fully		 aware of national
and Diocesan
national church and Diocesan strategy changes. strategy
through		 Deanery
and
Diocesan		 Synod
representation, reports and discussion.
Ineffective governance. Maintain
an active and balance
PCC, ensuring		 it
is closely involved
with piannlng
and monitodng
activities and finances
Loss of key members of dergy or staff without Have
realistic		 succession
planning,		 suitable
suitable succession planning. notice periods and effective handovers.
Church Services

Dedine in congregation Dedine in congregation Dedine in congregation Dedine in congregation Dedine in congregation Dedine in congregation numbers. numbers. numbers. Maintain
quality ofhospitality,
worship, teaching
and praying (both in church and online) and seek
toattract new church attendees.
Decline in quality ofchurch services. Seek to maintain
high
quality
clergy, preaching
staff
and
worship
and
prayer
offerings
and
implement/continue
to
offer
welcoming
hospitality.
Continue to develop online facilities.
Failure to communicate effectively with Seek
to
improve
existing
communication
congregations channels
Safeguarding / Health IkSafety
Safeguarding issue/allegation
(young		 people and Parish
Safeguarding
Policy.
DBS checks
on
vulnerable adults). volunteer
recruitment,
safeguarding
training,
Parish Safeguarding
Officer in place, PCC advised
ofany safeguarding
issues reported to Diocese.
Serious injury to
adult		 or young person Policies for Parish buildings
and activities classed
attending, volunteer or member of staff. as Parish
activities
including
risk assessments,
regular
updates to risk assessments,
third
party
insurance.
Physical disaster (e.g.fire) Ensure
Fire
risk
assessment
up to date,
fire
extinguishers
regularly
checked, effective means
of
escape,
recovery
planning
to
ensure
continued
operation,
up todate insurance
cover.
Legal
Failure to meet legal requirements: Parochial Develop
policies,
procedures
and controls
that
Church Councils (Powers) Measure 1956 and the are
legally
compliant
and
document
these.
Church Representation Rules, Charity Law, Review
effectiveness
of
these
regularly.
Employment Law, Health &Safety Regulations Insurance.
Serious personnel issues Best practice
employment
policies/procedures.
Manage
employee
and
clergy
expectations.
Insurance cover. DBSchecks.
Financial
Poor
budgeting,		 loss of assets, unexpected Internal controls to protect cash and other assets
liabilities. and
to
prevent
unauthorised
commitments.
External
auditing
or
checks.
Ensure
these
controls are in operation.
Poor management ofinvested assets Policy set by Finance Committee,
appointment
of
suitabiy
quaiified
investment
managers
where

necessary.
Active
monitoring
and
market
comparison,
diverse
asset
allocation
where
appropriate.
Diocesan
management
of
endowment
funds.
Failure of Parish administration and
financial		 Strengthen
IT
network
and
Parish
systems. administration/finance
system management
Financial fraud Strict
controls
over
payments
require
all
payments
to be authorised
by the Rector, two
signatures
to
cheques
and
two
separate
authorisations
for electronic
payments.
Cash
receipts from collections should be signed off by
Duty Warden and another.
Property/ Premises
Inadequate investment in premises. Develop
rolling
programme
for maintenance
of
premises, effective Fabric Committee.
Building Project
Inadequate management of Project Employ
qualified
and
competent
Project
Manager
The project is started but runs out of money Ensure
tight
controls
over
budgeting
and
before completion spending
once building
is started.
Do not start
building
until
certainty
of adequate
funding
to
complete the project sufficient that the building
can be used.
The full amount required for the project isnot Keep the
parish
and everyone
In Heswall
and
raised beyond
fully informed
of progress
towards
the
target by regular and extensive communication
The Builder ceases totrade/goes bust/materially Ensure
watertight
contract
provides
for stage
breaches contract payments
only
on Architect's
certificate
that
specific
work
has
been
completed
or specific
materials
have
been
delivered
to site and are
free of any claim.
Ensure contract provides for
termination
of contract
on material
breach
by
the builder.
The Architect ceases to trade/goes bust/ Ensure
Building
Steering
Group
are kept
fully
materially breaches contract informed
of progress
on the
build, to simplify
finding another architect
Unforeseen costs Do as much research as possible beforehand
to
ensure that there are no surprises.
Do not agree
to any changes once the build has started
Injury to persons/damage to adjoinIng Ensure
builder
has
adequate
third
party
buildings/local disturbance insurance
(Insist on seeing policy and checking it)
The builders
policy w!!!only commence once he
starts
on site - until then, we will be liable for
any
public
iiabillty
claims,
so shouiii
take out

basic site insurance to cover us against this basic site insurance to cover us against this basic site insurance to cover us against this and
any gaps in the builder's
policy.
The project never starts Continue
to raise funds from		 congregation and
from other funders.
Do not		 start project until
adequate
funding
in place to complete		 project so
the building
can be used.
Could 19
Physicai congregation fails to return to worship Maintain
quality of hospitaiity,		 worship
(both in
in church church
and
online),
teaching		 and
praying		 and
seek toattract new church attendees
Member ofclergy catches Covid 19 Continue
to observe
stringent		 social distancing
and hygiene conditions
Member ofphys)cal congregation catches Covid Continue to require all persons present at church
19 services to observe
stringent		 social distancing
and hygiene conditions

Rector: Revd Martin Cannam;
Curate: Revd Josh Carlson;
SelfSupporting Youth Worker: Mrs Christine
Blair;
Children
and Family Leader:		 Mr Andrew
Field-Davies;
Receptionist / Administrator: Mrs Julia MacGregor;
Receptionist/ Information
Manager:		 Mrs Sarah Hall;
Administrator/Assistant
Treasurer:		 Mrs Alison Collins
Youth Interrc Miss Anna Sailer

Unrestricted Restricted Endowment Total Total
funds funds funds 2020 2019
Note f.
Income and endowments:
Donations
and legacies		 2 321,377 228,849 550,226 898,262
Charitable
activities		 3 36,713 36,713 52,654
Investment
income		 4 9,631 11,813 2,316 23,760 9,134
Total income 367,721 240,662 2,316 610,699 960,050
Expenditure:
Charitable
activities		 5 271,371 3,908 275,279 432,423
Other 6 5,930 9,882 15,812 15,437
Total expenditure 277,301 13,790 291,091 447,860
Net income/(expenditure) 90,420 226,872 2,316 319,608 512,190
Gross transfers between funds
Other recognised gains/posses) 2,609 3,386 5,995 35,188
Net movement
in funds		 17 93,029 226,872 5,702 325,603 547,378
ReconciTiation offunds
Total fbnds brought forward 17 266,900 2,042,996 78,551 2,388,447 1,841,069
Total funds carried forward 17 359,929 2469,868 84,253 2,714,050 2,388,447

2020 2019
Note g
Fixed assets
Tangible assets 10 1„029,728 951,602
Investments 11 347,519 267,638
1,377,247 1,219,240
urrent assets
Debtors 12 28,877 28,177
Cash at bank and in hand 17 1,315,918 1424,139
1,344,795 1,252,316
Creditors: Amounts faning due within one year 13 (7,992) (83,109)
Net current assets 1,336,803 1,169,207
Net assets 2,714,050 2,388,447
Funds ofthe charity:
Endowment funds 15 84,253 78,551
Restricted funds 15 2369,868 2,042,996
Unrestricted hicome funds
Unrestricted
funds		 15 359,929 266,900
15 2,714,050 2,388,447

2020 2019
Cash flows from operating
activities
Net cash income 325„603 547,378
Adjustments
to cash flows from		 noncash items
Depro:iation 9,882 9,924
Revaluation ofinvestmems (5,995) (35,188)
329,490 522,114
Working copied adjustments
(increase)/decrease
in debtors		 12 (700) (3,996)
Increase/(decrease)
in creditors		 13 (75,117) 73,373
Decrease in provisions
Net cash flows trom operating activities 253,673 591,491
Cash flows from investing
activities
Purchase oftangible fixed assets 10 (88,008)
Sale oftangible fixed asseS 10
Purchase ofinvestments 11 (76,536) (2,428)
Saleofinvestments 11 2,650 199,954
Net cash flows Rom investing activities (161,894) 197,526
Net increase in cash and cash equivalents 17 91,779 789,017
Cash and cash equivalents
at 1		 Januaxy 17 1,224,139 435,122
Cash and cash equivalents
at31December		 17 1,315,918 1424,139
ReconciTiation ofnet cash flow to movement in net funds
Increase in cash 91,779 789,017
Net funds at 1Janus~ 1,224,139 435,122
Net funds at 31December 1,315,918 1,224,139

2 Income from donations Income from donations Income from donations and legacies
Unrestricted funds Restricted Total Total
Designated General funds 2020 2019
Donations and legacies:
Appeals, donations and legacies 70,000 9,887 217,139 297,026 558,616
Gift aid reclaimed 48,544 11,710 60,254 118,423
Dhect ~viug 192,946 192946 221(223
70,000 251,377 228,849 550,226 898,262
3 income from charitable activities
Unrestricted funds Total Total
General 2020 2019
f,
Fees and sundries 20,787 20,787 21,717
Hall lettings 12,775 12,775 27,236
Magazines etc. 3,151 3,151 3,701
36,713 36,713 52,654
4 Investment income
Unrestricted funds Restricted Endowment Total Total
General funds funds 2020 2019
9,631 11,813 2,316 23,760 9,134
9,631 11,813 2,316 23,760 9,134

Expenditure
on charitabh.		 Expenditure
on charitabh.		 activities
Unrestricted funds Restricted Endowment Total Total
General funds 2020 2019
f,
Diocesan share 86,946 86,946 161,167
Clergy expenses 1,095 1,095 3,147
Rend snd rates 1A lh1
LViCC L		 1587I
Other property expenses 25,213 25413 21,763
Uganda mission 62,532
Stafftraining
and support		 4,319 4,319 11,940
Stationery and postage 850 850 975
Telephone 1,461 1,461 2,025
Equipment
costs		 11,393 11,393 9,380
Insurance 10,888 10,888 10,784
Miscellaneous 467 467 965
Bank charges 515 2,592 3,107 822
Oflice wages and salaries 29,187 29,187 24,986
Professional
fees
Water rates 5,086 5,086 7,179
Upkeep ofchurches 3469 3469 3,954
Upkeep of churchyard and walls 9,480 9,480 6,699
Halls nmning costs 9,599 9,599 14,471
Youth projects and parish resources 2,139 2,139 3,572
Children
and family leader salary		 25,870 1,316 27,186 24,810
Other wages and salaries 14,036 14,036 25,020
St Peter's school costs 5,112 5,112 5,681
Grants paid 8,974 8,974 14486
Sundry expenses 1,251 1,251 388
271,371 3,908 275,279 432,423

6 Analysis ofgovernance
and other costs		 Analysis ofgovernance
and other costs
Unrestricted funds Restricted Total Total
General funds 2020 2019
g
Governance
costs
Independent
examination
and accountancy		 fees:
Independent
examination
fees		 1,039 1,039 1,020
Oilier accou tancy fees 4,891 4,891 4,800
Overprovision
in earlier		 year (307)
5,930 - 5,930 5,513
Other costs
Depreciation 9,882 9,882 9,924
5,930 9,882 15,812 15,437
Net incoming/outgoing
resources for the year		 are stated atter charging the above items.
7 Related party transactions
Trustees remuneration
and expenses		 2020 2019
The Charity made the following
transactions		 with Trustees:
Mleage and telephone expenses 1,134 1,628
There were no other related party transactions in the year.

Tangib!e fixed assets
Freehold Assets Fixtures
land and under fittings and
buildings construction equipment Total
f, f,
Cost
At I January 2020 904,308 61,345 66,768 1,032,421
Additions 88,008 88,008
Disposals
At 31December 2020 904,308 149,353 66,768 1,120,429
Depreciation
At I January 2020 18,086 62,733 80,819
Charge for the year 9,043 839 9,882
Eliminated on disposals
At 31Deceinber 2020 27,129 63,572 90,701
Net book value
At 31December 2020 877,179 149,353 3,196 1,029,728
At 31December 2019 886,222 61,345 4,035 951,602

11 Fixed asset investments
Unlisted Total
Other investments E
Cost or valuation
At 1January 2020 116,486 151,152 267,638
Additions 38 76,498 76,536
Disposals (2,650) (2,650)
Revaluation &. nnc
4&774
At 31December 2020 122,519 225,000 347,519
The historical costofthe listed investments isnot available. All are held in
Listed shares are valued based on share price atthe year end.
Unlisted cash invesmtents are valued at cost.
12 Debtors
2020 2019
Prepayments 2,119 2,122
Other debtors 26,758 26,055
28,877 28,177
13 Creditors: amounts dure within one year
2020 2019
Other taxation and social security 578 644
Acctuals 7,414 7,465
Deferred income 75,000
Grants payable
7,992 83,109

Obhgatlons under leases and hire purchase contracts under leases and hire purchase contracts under leases and hire purchase contracts
2020
The total value offuture minimum lease payments was as follows: g
Within one year 3,725
In two to five years
3,725
3,725
15 Funds
Other
Opening Incoming Resources recognised Closing
balance resources expended Transfers gains balance
Unrestricted
funds
General funds 126,105 297,721 (275,526) 2,609 150,909
Designated
funds		 140,795 70,000 (1,775) 209,020
Total umestricted 266,900 367,721 (277,301) - 2,609 359,929
Restricted funds
StPeter's Centre 767,831 (8,629) 759,202
The Lighthouse
Church		 1,106,125 165,582 (2,592) 1469,115
Youth Sr Children's Work 75,000 24,440 99,440
Castle Drive 122,814 (1,253) 121,561
BESOM
Other
StPeters Church~		 20,550 20,550
Chadreu dt Paruay leader 25,676 80 (la 316) (24,440)
Total restricted 2,042,996 240,662 (13,790) 2,269,868
Endowment
funds
Permanent 78,551 2,316 3,386 84,253
Total funds 2,388,447 610,699 (291,091) 5,995 2,714,050

Unrestricted funds Restricted Endowment Total Total
General funds funds 2020 2019
f, 6 f,
Tangible axed assets 1,029,728 1,029,728 951,602
Fixed asset invesnnents 188,266 75,000 84,253 347,519 267,638
Current assets 179,655 1,165,140 1,344,795 1,252,316
Current liabilities (7,992) (7,992) (83,109)
Total net assets 359,929 2,269,868 84,253 2,714,050 2,388,447
17 Analysis ofnet funds
Asst Netcash Asst
01/01/2020 intiow 31/12/2020
Cash at bank and in hand 1,224,139 91,779 1,315,918

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