ECCLESIASTICAL PARISH OF ST MARY BROOKFIELD
FINANCIAL STATEMENTS
OF
THE PAROCHIAL CHURCH COUNCIL REGISTERED CHARITY NO. 1136821
FOR THE YEAR ENDED 31 DECEMBER 2020
Incumbent: Fr Damien Mason The Vicarage 85, Dartmouth Park Road London NW5 1SL
Bank: HSBC PLC 31 Holborn Circus London EC1N 2HR
Independent Examiner: Heather Cheesman FCA Chichester Accounting Ltd
ANNUAL REPORT
Administrative Information
St Mary Brookfield is part of the Diocese of London. The correspondence address is The Vicarage, 85 Dartmouth Park Road, London NW5 1SL. The Parochial Church Council (PCC) is a registered charity (no 1136821).
PCC members who have served from 1st January 2020 until the date of this report are:
Incumbent:
Fr Damien Mason (Chair)
Wardens:
Peter Dann Ian MacGregor
Representatives on the Deanery Synod Bill Saunders Lucy Boyd (from 11 Oct 2020)
and Scripture, music and sacrament.
When planning our activities for the year, we have considered the Charity Commission’s guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. In particular, we try to enable people to live out their faith as part of our church community through:
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Worship and prayer; learning about the gospel; developing their knowledge of and trust in Jesus;
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Provision of pastoral care for people living in the parish;
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Reaching out to the wider community and partnering with local organisations.
Achievements and performance
Electoral Roll
There are 63 names entered on the Roll.
Elected Members
Oliver Butt Nicholas Bethune (Vice Chair) Ruth Godwin Nicola Pittam OBE (Treasurer) Calvin Robinson (until 11 Oct 2020) Denise Sealy Mark Williams Thomas Loyn (from 11 Oct 2020) Noel Casey (from 11 Oct 2020) William Johnson (from 11 Oct 2020) Lydia Kember (from 11 Oct 2020)
Structure, governance and management
Members of the PCC are either ex officio by virtue of being Churchwardens, or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules.
The PCC operates through the Standing Committee, a committee required by law. The Standing Committee has power to transact the business of the PCC between its meetings, subject to any directions given by the Council.
Aim and Purposes
St Mary’s Brookfield PCC is responsible for cooperating with the incumbent, Fr Damien Mason, in promoting the Christian faith and the whole ministry of the Church, pastoral, evangelistic, social and ecumenical in the ecclesiastical parish of St Mary Brookfield. It also has maintenance responsibilities for the Church, and the Church Hall at York Rise.
Objectives and activities
The PCC is committed to enabling as many people as possible to worship at St Mary’s and to become part of the church community. Our services put faith into practice through prayer
Review of the year
At the beginning of 2020 we were all set to begin work on our Mission Action Plan (MAP) which we worked on and adopted in 2019. Although the year started off well, we quickly realized 2020 would be a year like no other with COVID-19 and all the restrictions that were put in place to ensure people were safe.
This year has been an extremely difficult year for many in our community and parish, but we have been able to push forward with our MAP and our set goals, continuing with work already begun, and taking on new projects and activities to respond to the various needs of our parish during the pandemic.
Our MAP Vision 2025 seeks renewal in the life of our congregation and parish focusing on five areas of transformation and growth:
Worship
Discipleship & Faith Young People
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Transforming Community
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Transforming our Building
Worship lies at the centre of our life as a parish on Sundays and weekdays. Our average adult Sunday attendance before public worship was prohibited was 51, and 8 children. During the first lockdown period, we started livestreaming our Sunday service, and weekday services, on Facebook. We regularly had up to 30 people accessing our livestream Sunday and weekday Masses with larger numbers viewing later in the week. Holy Week and most of Easter was livestreamed from the vicarage when the Diocese decided priests should no longer enter
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their churches. We objected strongly to these restrictions, but complied. It proved possible to transform one room into a chapel for livestreaming, and the services broadcast were much appreciated.
We have managed to keep in touch with parishioners via the weekly parish email newsletter, and through printed materials sent out to those who are not online. The ministry team have been in contact via telephone, and when possible, by visiting, those who are particularly isolated and staying at home. Following Mass on Sundays, during the first lockdown we held Zoom Coffee where parishioners could meet together to chat together. We have also held an online book club later on in the year reading Rowan Williams’ Being Disciples. During these difficult times these groups have provided a good way for the people to check in with one another and stay connected.
When churches were permitted to reopen for individual prayer in June, we decided to keep the church open every day for individual prayer. This has been maintained and we intend to continue to keep our doors open as much as possible. Following the reopening of public worship in July, we introduced measures in church to ensure social distancing, and to keep members of the congregation safe, and numbers were starting to recover to former levels at the end of the year, though many of our congregation are shielding. Attendance over Christmas services despite the situation was good. Our Christmas Carol Service remains the most popular service of the year. To ensure social distancing as well as getting as many people in as safely as possible, we took the decision to do two ticketed carol services. In total 118 adults and 21 children attended, in spite of the introduction of further restrictions the day before.
One of the biggest success stories of 2020 was the appointment of Mr David Terry as Organist & Director of Music. David comes with lots of experience in church music. With David’s arrival we have quickly developed a small group of singers who provide music for services of a high and consistent standard. We hope to strengthen this aspect of our church life over the next few years as we believe having good liturgical music is an area for growth and part of our missional identity. The choir have been involved in the livestreaming of services and have been instrumental in supporting our necessary online activity during the pandemic.
At the beginning of the year we attracted a decent number of bookings from choirs and orchestras, who normally contribute financially
through rentals, however, most of our regular bookings have had to cancel which has meant a loss of income.
Once again, we hosted the Cold Weather Shelter for three months, on Friday nights from January to March in 2020. Bill Saunders continued to lead on this as coordinator. The costs (£954) for food and laundry were funded primarily through donations. An average of 16 homeless people were accommodated and provided with food on each night. As ever, the response of the parish with helpers has been encouraging, with groups of people volunteering for the various tasks needed to make the shelter run smoothly. The Shelter also attracts volunteers who are not members of the congregation, and thus serves as a useful line of outreach.
Fund raising events included a Burns Night Supper held in the Dartmouth Arms (York Rise), we raised £456. for the Shelter. This was a very successful event, raising awareness of our work in the parish and community. The Summer Fair and a Christmas Bazaar could not be held due to coronavirus restrictions. Needless to say this has not helped parish finances.
2020 saw the first year anniversaries of two projects, All Aboard for under 5s and Lunch at St Mary’s ; a weekly community lunch for members of our community and beyond. Both of these groups are church activities with Fr Damien helping lead and volunteers from our congregation. Before the first lockdown All Aboard was attracting up to 25-30 children with parents and carers. Lunch at St Mary’s can be between 30-40 people. Both are temporarily in abeyance, due to the pandemic, but we look forward to restarting them in 2021, when it becomes possible, and increasing their frequency. These projects are run in partnership with Highgate Newtown Community Centre (HNCC). Our joint response to the pandemic has been to run a local foodbank and a meals-onwheels service. This has been a real joint effort with local organisations working together to address the needs raised by social isolation, the elderly and infirm having to stay at home, and the rise in poverty locally as people face redundancy and reduced work. St Mary’s also hosted a series of events organized by HNCC over the 12 days of Christmas for isolated members of the community.
The Church Hall continues to be a major source of income for the parish, but it also continues to need regular improvements. The drainage at the back of the hall was improved, and both the flooring and the electric wiring at flat 2 were renovated. The church’s title to the hall has been registered, and a draft lease has been drawn up
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for the nursery. We are confident that this will be signed during 2021.
The PCC continued to work throughout 2020 on our building work project with our architect, Ian Angus of Carden & Godfrey. Extensive discussions have taken place as we considered our various needs and hopes for St Mary’s and how these might be solved architecturally, whilst addressing the necessary wall repairs in the chancel and in other part of the building. We have now reached the end of the initial process and have some drawings and proposals to take to the DAC and funders in due course.
The full PCC met 6 times during the year: twice in person, and 4 times on zoom. We continue to be a body that is involved in the governance of the church with responsibilities shared out amongst members. The PCC support the vicar in his work and ministry and have an important role in ensuring we represent our diverse congregation. At our last APCM welcomed four new members to the PCC.
Risk Management
The PCC noted that continuing expenditure on church and hall maintenance would need to be carefully monitored to ensure that the parish could still meet and if possible increase payments to the Common Fund of the Diocese. The church is dependent on the rents received from the church hall. If one or more of the flats are left vacant for a significant period of time, or if the nursery is prevented from opening, the church’s income would be severely affected. It was noted that, so far, the restrictions in place to meet the Covid-19 pandemic had only affected weekend lettings at the church hall, and income from the church, through loss of concerts, fund raising income and collections. Continuation of Coronavirus restrictions will continue to affect the church income in 2021, but, on the evidence of 2020, income from the church hall will be sufficient to cover this. The church also still has sufficient reserves to enable us to keep operating in the event that the situation deteriorates.
Concerning statutory and legal requirements, the church continued to insure with Ecclesiastical Insurers which provides cover for the most significant high impact risks identified by the PCC.
The PCC also continually monitors the condition of our buildings to ensure that all users of both the church and the hall remain at minimal risk.
The process of identifying the major risks to which the church is exposed, as identified by the PCC, continues. The PCC is committed to continuing this review of risks identified, and to making sure that the systems established to
mitigate those risks are improved, where necessary
Safeguarding
St Mary’s takes safeguarding seriously in the context of our belief that we are all unique, valued, and made in God’s image. We have formally adopted our own safeguarding policy in line with that of the Diocese of London and the national church. There is a designated Church Safeguarding Officer, Bill Saunders and Children’s Champion, Calvin Robinson.
Reserves policy
At the end of the year, the PCC had cash reserves of £90,390 (2019: £106,139), of which £9,096 (2019: £20,934) were held on restricted funds and not available for general purposes of the charity.
The church requires significant reserves to ensure that it is able to finance any maintenance required to the Church and church hall buildings, and to meet its liabilities as they fall due. In consequence of the Coronavirus restrictions during 2020, the church’s reserves have been reduced by £18,325. However, the church still has the funds in the Church Hall fund (£66,082 (2019: £77,079)) to cover maintenance needs and other liabilities.
In addition, the PCC holds cash reserves on the general fund (£8,854 at 31 December 2020 (£3,605 at 31 December 2019)) as a safeguard against unforeseen expenditure needs. It can call on the church hall account where this is insufficient. The level of the reserves is decided by reference both to identified building and maintenance requirements, and to the PCC ’ experience. It may be necessary to draw on the reserves in both the Church hall fund and on general funds to cover expenditure during the Covid-19 pandemic, until the church’s income recovers. The level of reserves is reviewed annually.
Financial review
Planned giving received during 2020 decreased by 9.7% on the previous year. Total voluntary income decreased by 13.4% and total income increased by 2.6%.
£182,871 (2019: £154,021) was spent during the year, including the contribution of £58,025 (2019: £58,025) to the diocesan Common Fund. The net result for the year was a loss of £18,205 (2019: a surplus of £6,520).
The PCC has agreed to the diocese’s request that common fund contributions for 2021 should be maintained at the same level as for 2020. Accordingly, the parish will contribute £58,025 to the Common Fund for 2021.
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Plans for future periods
As we move into 2021, we are hopeful that St Mary’s is ready to meet the challenges that lie ahead. COVID-19 has set some of our plans back for Vision 2025 , however we push forward as much as we can. We hope to make significant progress regarding our building work. We will continue to work with the local community partner HNCC, strengthening and building upon the work we are currently doing, and continue to attract new and young people to St Mary’s through our worship and witness. We are excited about the year ahead and all that God will do among us.
As we seek to live lives marked by the life, death and resurrection of Jesus Christ we want to honour all that has gone before and affirm our “yes” to what will be in the coming years as we work towards Vision 2025 . We recognise the need to build on the signs of encouragement that we have shared in together. We must become a people who are ready to welcome and meet the Lord Jesus in everything we do, in one another and in the community we seek to serve. And, however small we are, we need to live out our faith ever more intensely as we witness to Christ in an attractive, welcoming, and life-affirming way.
[ Damien Mason]
Fr Damien Mason
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believe that in any material respect the requirements
Independent Examiner ’ s Report to the PCC of St Mary ’ s Brookfield
I report on the accounts of the PCC for the year ended 31 December 2020, which are set out on pages 6 - 15, following an examination carried out in accordance with section 145 of the Charities Act 2011 (“the Act”).
Respective responsibilities of trustees and examiner
As members of the PCC, you are responsible for the preparation of the accounts. You consider that an audit is not required for this year under section 144(2) of the Act and that an independent examination is needed.
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to keep accounting records in accordance with section 130 of the Act; and
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to prepare accounts which accord with the accounting records and comply with the requirements of the Act,
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
It is my responsibility to:
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examine the accounts under section 145 of the Act;
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Act; and
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to state whether particular matters have come to my attention.
Basis of independent examiner ’ s report
[Heather Cheesman]
Heather Cheesman FCA 104 Stockbridge Road Chichester West Sussex PO19 8QP
10[th] March 2021
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is expressed as to whether the accounts present ‘a true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner ’ s statement
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to
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Parochial Church Council of St Mary Brookfield
STATEMENT OF FINANCIAL ACTIVITIES For the year ending 31 December 2020
| Notes | Unrestricted Funds Restricted Funds TOTAL FUNDS 2020 Music Memorial fund Church Hall Fund Designated Funds |
2019 |
|---|---|---|
| INCOME Donations and legacies 3(a) Trading activities 3(b) Investment income 3(c) Church activities 3(d) Other income 3(e) |
£ £ £ £ £ £ 40,444 - - 16,009 56,453 65,184 3,574 - 103,770 531 107,875 93,966 6 25 219 55 305 537 33 - - - 33 854 - - - - - - |
|
| TOTAL INCOMING RESOURCES | 44,057 25 103,989 16,595 164,666 160,541 |
|
| EXPENDITURE Costs of raising funds 4(a) Church activities 4(b) |
900 - - - 900 1,547 115,683 - 38,508 27,780 181,971 152,474 |
|
| TOTAL EXPENDITURE | (116,583) - (38,508) (27,780) (182,871) (154,021) |
|
| NET MOVEMENT IN FUNDS | (72,526) 25 65,481 (11,185) (18,205) 6,520 |
|
| TRANSFER OF FUNDS RECONCILIATION OF FUNDS BALANCES BROUGHT FORWARD AT 1 JANUARY 2020 |
75,000 (75,000) 583,629 6,333 151,862 20,496 762,320 755,800 |
|
| BALANCES CARRIED FORWARD AT | 586,103 6,358 142,343 9,311 744,115 762,320 |
|
| 31 DECEMBER 2020 | ||
| The notes on pages 9 - 15 form part of these accounts. |
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Parochial Church Council of St Mary Brookfield
BALANCE SHEET At 31 December 2020
| Note FIXED ASSETS Tangible fixed assets 7 CURRENT ASSETS Debtors 8 Central Board of Finance deposits Cash at bank and in hand LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR 9 Net current assets Total assets less current liabilities TOTAL NET ASSETS FUNDS 10 Unrestricted: General funds Music Memorial Fund Church hall designated fund Restricted funds |
2020 2019 £ £ 654,077 655,640 5,713 3,743 69,167 68,862 21,223 37,276 |
|---|---|
| 96,103 109,881 (6,065) (3,201) |
|
| 90,038 106,680 |
|
| 744,115 762,320 744,115 762,320 586,103 583,629 6,358 6,333 142,343 151,862 |
|
| 734,804 741,824 9,311 20,496 |
|
| 744,115 762,320 |
Approved by the Parochial Church Council by correspondence by 22nd April 2021 and signed on its behalf by:
[Peter Dann]
[Ian MacGregor]
Peter Dann (Churchwarden)
Ian MacGregor (Churchwarden)
[Nicola Pittam]
Ms Nicola Pittam (Treasurer)
The notes on pages 9 - 15 form part of these accounts.
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Parochial Church Council of St Mary Brookfield
Notes to the Financial Statements For the year ended 31 December 2020
1. THE BASIS OF ACCOUNTING
The Financial Statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the Charities SORP 2015 (Financial Reporting Standard 102).
The financial statements have been prepared under the historic cost convention except for investments, which are shown at market value. The Church Hall is valued at cost, taken as the insurance estimated value of rebuilding in 1998, and the cost of structural alterations made in 2011. The Accounts have been prepared on an accrual basis.
2. ACCOUNTING POLICIES
Funds
General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted. There are three designated funds: the Church Hall designated fund, the Church Maintenance Fund (created by the re-designation of the Church Roof fund after the major work to the Church Roof was finished) and the Music Memorial Fund. Money earned by the Church Hall is accounted for in the Church Hall Fund. The maintenance of the church hall is the first charge on that fund. Any surpluses on the fund may be transferred to the general fund to finance the work of the parish.
The Church also has the following restricted funds: the Churchwardens’ Fund (see further note 11, and page 13); the Elsie Huxley Music Fund, set up in memory of Elsie Huxley, which contributes to the costs of music; the Charities fund, into which moneys donated to charity through the church are paid. The other restricted funds include the Organ Fund to which donations are made to contribute to the cost of the organ, the Vestments Fund, for the purchase of vestments, the Cold Weather Shelter fund, for donations towards the church’s expenses as a participant in the Camden Churches Cold Weather Scheme, the Hall fund, and a Church Wall fund, for donations to the cost of repairs to the church walls. In 2019, there was also the Walsingham Fund (into which payments towards the costs of pilgrimage to Walsingham were received).
The accounts include all transactions, assets and liabilities for which the PCC is responsible in law.
Income
Collections are recognized when received by or on behalf of the PCC. Planned Giving receivable under Gift Aid is recognised only when received. Income tax recoverable on Gift Aid donations is recognized at the end of the financial year.
Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain. Funds raised by the fete, bazaar and similar events are accounted for gross.
Rental income from the letting of church premises is recognised when the rental is due.
Expenditure
Grants and donations are accounted for when paid over. The parish contribution to the diocese common fund (the parish share) is accounted for when paid. Any parish share unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the Balance Sheet. Insurance payments are accounted for when paid.
Fixed assets
Consecrated property and movable church furnishings
Consecrated and beneficed property of any kind is excluded from the accounts by s.10(2) of the Charities Act 2011. Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church’s Inventory which can be inspected (at any reasonable time). For inalienable property acquired prior to 2003 there is insufficient cost information available and therefore such assets are not valued in the accounts.
All expenditure incurred in the year on consecrated or beneficed buildings, individual items under £1,500 or on the repair of movable church furnishings acquired before 1 January 2013 is written off when incurred.
Other property, fixtures, fittings and office equipment.
Equipment used within the church premises is depreciated on a straight-line basis over 4 years. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired. No depreciation is charged on the church hall as the currently estimated residual value of the hall (discounted for monetary inflation since their capitalisation) is not less than their carrying value and the remaining useful life of these assets currently exceeds 50 years, so that any depreciation charges would be immaterial. If the carrying value of the buildings looks greater than their current value on this basis, an impairment review would be carried out and any resultant loss included in expenditure for the year. Fixtures and fittings within the church hall are depreciated on a straight-line basis over 15 years.
Current assets
Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable. Short-term deposits include cash held on deposit with the CBF Church of England Funds or at the bank.
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Parochial Church Council of St Mary Brookfield
Notes to the Financial Statements For the year ended 31 December 2020
| 3 INCOMING RESOURCES Incoming resources from generated funds 3(a) Voluntary Income Planned giving: Gift Aid Donations Income tax recoverable Other planned giving Collections Gift Aid Small Donations Scheme Sundry donations Gift Aid Income tax recoverable Other donations Grants (see further note 11) Legacy 3(b) Activities for generating funds Trading income (see further note 12) Rental and letting income (see note 13) Fund-raising activities (see note 14) Sundry income Miscellaneous Utilities payments 3(c) Income from investments Interest on funds with Central Board of Finance Interest from Inland Revenue 3(d) Incoming resources from charitable activitie Parish Magazine Bible Reading Fellowship notes Fees 3(e) Other ordinary incoming resources Insurance claims TOTAL INCOMING RESOURCES |
TOTAL FUNDS Unrestricted funds Restricted funds General funds 2020 2019 Church music Church hall £ £ £ £ £ £ 23,380 - - - 23,380 25,035 5,845 - - - 5,845 6,259 2,128 - - - 2,128 3,414 Designated funds |
|---|---|
| 31,353 - - - 31,353 34,708 1,722 - - - 1,722 5,191 481 - - - 481 1,395 3,904 - - 795 4,699 5,457 976 - - 199 1,175 1,364 2,008 - - 1,015 3,023 1,439 |
|
| 6,888 - - 2,009 8,897 8,260 - - - 14,000 14,000 15,630 - - - - - - |
|
| 40,444 - - 16,009 56,453 65,184 |
|
| 2,568 - - - 2,568 5,334 - - 98,038 - 98,038 82,850 294 - - 531 825 3,014 712 - 1,050 - 1,762 2,185 - - 4,682 - 4,682 583 |
|
| 3,574 - 103,770 531 107,875 93,966 |
|
| 6 25 219 55 305 537 - - - - - - |
|
| 6 25 219 55 305 537 |
|
| s - - - - - - 20 - - - 20 18 13 - - - 13 836 |
|
| 33 - - - 33 854 |
|
| - - - - - - 44,057 25 103,989 16,595 164,666 160,541 |
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Parochial Church Council of St Mary Brookfield
Notes to the Financial Statements For the year ended 31 December 2020
| 4 EXPENDITURE Costs of generating funds 4(a) Costs of raising funds Costs of stewardship Costs of fundraising Advertising 4(b) Church activities Charitable giving Ministry Diocesan Fund Clergy expenses Vicarage telephone Hospitality Cold Weather Shelter Study material Ministry to children Pilgrimage to Walsingham Website Sundry costs office supplies Presentation Printing Vicarage costs Vicarage maintenance Vicarage utilities Church and Hall costs Maintenance utilities Insurance Major works Professional fees re proposed major works Professional fees Caretaker's wages Church hall legal and admin costs Upkeep of services Music costs Organists Repair and refurbishment of candles Purchase of altar frontals Other service costs Movable furnishings and equipment Depreciation Governance costs Independent examination Total expenditure on charitable activities TOTAL RESOURCES EXPENDED |
TOTAL FUNDS Unrestricted funds Restricted funds General funds 2020 2019 Church music Church hall £ £ £ £ £ £ - - - - - 48 579 - - - 579 1,099 321 - - - 321 400 Designated funds |
|---|---|
| 900 - - - 900 1,547 |
|
| - - - 152 152 - 58,025 - - - 58,025 58,025 906 - - - 906 621 895 - - - 895 842 150 - - - 150 960 - - - 954 954 961 - - - - - 75 485 - - - 485 294 - - - - - 1,780 250 - - - 250 1,700 2,086 - - - 2,086 1,063 438 - - - 438 483 300 - - 250 550 105 1,013 - - - 1,013 1,071 |
|
| 64,548 - - 1,204 65,752 67,980 1,192 - - - 1,192 - 289 - - - 289 282 |
|
| 1,481 - - - 1,481 282 12,303 - 7,759 - 20,062 12,046 4,807 - 4,727 - 9,534 10,624 6,385 - 2,128 - 8,513 10,544 - - 7,076 - 7,076 14,933 7,276 - - 11,040 18,316 - - - 2,268 - 2,268 5,059 - - 10,238 - 10,238 9,600 - - 2,468 - 2,468 893 |
|
| 30,771 - 36,664 11,040 78,475 63,699 - - - 11,759 11,759 7,650 6,290 - - - 6,290 6,005 6,173 - - - 6,173 - 3,814 - - - 3,814 - 1,706 - - 3,344 5,050 3,571 |
|
| 17,983 - - 15,103 33,086 17,226 - - 1,844 281 2,125 2,687 |
|
| 2,125 2,687 900 - - - 900 600 |
|
| 115,683 - 38,508 27,780 181,971 152,474 |
|
| 116,583 - 38,508 27,780 182,871 154,021 |
5
STAFF COSTS/PCC EXPENSES
The average number of staff employed by the church during the year was 1 (2019:1). During the year the PCC employed one hall manager and engaged the services of organists. The hall manager was paid £10,238 for his services (in 2019, £9,600 was paid to the hall manager The organists were paid £6,290 for their services (in £2019, the organists were paid £6,005).
During the year the vicar was reimbursed travelling and administrative expenses of £906 (in 2019, the vicar was reimbursed £621 for expenses).
No staff received salaries at a rate of more than £60,000 per annum, and no member of the PCC received employment benefits from the PCC in either the current or the preceding year.
6 RELATED PARTY TRANSACTIONS
During the year £18,137 was received by way of donations from members of the PCC. No expenses have been paid to any member of the PCC, except for clergy expenses disclosed in note 5.
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Parochial Church Council of St Mary Brookfield
Notes to the Financial Statements For the year ended 31 December 2020
7 FIXED ASSETS FOR USE BY THE PCC
| ETS FOR USE BY THE PCC | |
|---|---|
| Tangible fixed assets Actual / Deemed Cost At 1 January 2020 Correction Additions At 31 December 2020 Depreciation At 1 January 2020 Charge for the year At 31 December 2020 Net Book Value At 31 December 2019 At 31 December 2020 |
TOTAL ASSETS Freehold land and buildings Fixtures and Fittings Other church equipment 2020 £ £ £ £ 643,196 27,654 7,266 678,116 - - 562 562 - - - - |
| 643,196 27,654 7,828 678,678 - 15,210 7,266 22,476 - 1,844 281 2,125 |
|
| - 17,054 7,547 24,601 643,196 12,444 - 655,640 643,196 10,600 281 654,077 |
The freehold land and buildings comprise the church hall at York Rise. For accounting purposes the hall is valued at cost (taken as the insurance valuation of the cost of rebuilding, valued for insurance purposes at 31 December 1998 at £580,000, together with the cost of structural alterations made in 2011).
8 DEBTORS
| Fr Damien Brookfield Press Debtors Inland Revenue York Rise Nursery School Agincourt Badminton Club Laurier Road Residents Association Danielle Rosen (hall flat 3) Deidre, Rashid and Soumiya Rettali (hall flat 1) |
TOTAL FUNDS Unrestricted funds Restricted funds General funds Designated funds 2020 2019 Church hall £ £ £ £ £ 120 - - - 120 - 630 - - - 630 130 1,367 - - 87 1,454 1,760 - - 2,107 - 2,107 1,653 - - - - - 160 - - - - - 40 - - 152 - 152 - - - 1,250 - 1,250 - |
|---|---|
| 2,117 - 3,509 87 5,713 3,743 |
9 CURRENT LIABILITIES
| British Gas James Hearn Fr Damien Mason Ben Williams London Diocesan Fund (fees due) St Joseph's Workshops Ltd Castle Water London Lease Plan Ltd QODA |
Unrestricted funds Restricted funds funds Designated funds 2020 2019 Church hall £ £ £ £ £ 1,112 - 464 - 1,576 1,337 - - - - - 707 602 - - 29 631 812 - - 130 - 130 225 398 - - - 398 - - - - - - 41 - - - - - 79 - - 450 - 450 - 2,880 - - - 2,880 - |
|---|---|
| 4,992 - 1,044 29 6,065 3,201 |
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Parochial Church Council of St Mary Brookfield
Notes to the Financial Statements For the year ended 31 December 2020
10 ANALYSIS OF NET ASSETS BY FUND
| Fixed Assets for Church use Current Assets Funds on deposit with Central Board of Finance Bank deposits Petty cash Debtors Current Liabilities Net Current Assets Liabilities falling due after one year Fund Balance |
TOTAL FUNDS Unrestricted funds Restricted funds General funds 2020 2019 Church Music Church hall £ £ £ £ £ £ 580,124 - 73,796 157 654,077 655,640 1,867 6,358 54,907 6,035 69,167 68,863 6,985 - 11,175 3,061 21,221 37,160 2 - - - 2 116 Designated funds |
|---|---|
| 8,854 6,358 66,082 9,096 90,390 106,139 2,117 - 3,509 87 5,713 3,743 |
|
| 10,971 6,358 69,591 9,183 96,103 109,882 (4,992) - (1,044) (29) (6,065) (3,201) 5,979 6,358 68,547 9,154 90,038 106,680 |
|
| - - - - - - 586,103 6,358 142,343 9,311 744,115 762,320 |
ANALYSIS OF NET ASSETS BY FUND: COMPARATIVES FOR 2019
| Fixed Assets for Church use Current Assets Funds on deposit with Central Board of Finance Bank deposits Petty cash Debtors Current Liabilities Net Current Assets Liabilities falling due after one year Fund Balance |
TOTAL FUNDS Unrestricted funds Restricted funds funds 2019 2018 Church Music Church hall £ £ £ £ £ £ 580,000 - 75,640 - 655,640 658,327 1,360 6,333 48,280 12,889 68,862 78,325 2,129 - 26,986 8,045 37,160 21,972 116 - - 116 86 Designated funds |
|---|---|
| 3,605 6,333 75,266 20,934 106,138 100,383 1,411 - 1,813 519 3,743 3,715 |
|
| 5,016 6,333 77,079 21,453 109,881 104,098 (1,387) - (857) (957) (3,201) (6,625) 3,629 6,333 76,222 20,496 106,680 97,473 |
|
| - - - - - - 583,629 6,333 151,862 20,496 762,320 755,800 |
11 GRANTS
The parish of St Mary Brookfield is a beneficiary of annual grants from the St Pancras Church Lands Trust, a Charitable Trust established by Act of Parliament in 1816. This grant may only be used for the maintenance of the church fabric and the maintenance of worship in the parish, and not for general parochial purposes. The amounts received and paid have therefore been included in Restricted Funds in the Statement of Financial Activities. Full details of the funds received from this trust, and payments from that fund are given in the Churchwardens' Account on page 11.
St Pancras Church Lands Trust
----- Start of picture text -----
2020 2019
£ £
14,000 15,500
-
14,000 15,500
----- End of picture text -----
12
Parochial Church Council of St Mary Brookfield
Notes to the Financial Statements For the year ended 31 December 2020
| 12 TRADING INCOME Brookfield Press Votive candles Refreshments Books and cards Stay and play Fee for use of church and churchyard Total 13 RENTAL AND LETTING INCOME Nursery School rent Lettings Flat 1 rent Flat 2 rent Flat 3 rent 14 FUND-RAISING EVENTS General funds Restricted fund £ £ Fete - - Bazaar - - Burns' Night - 456 Collection of coins - 75 100 club 294 - 294 531 |
12 TRADING INCOME Brookfield Press Votive candles Refreshments Books and cards Stay and play Fee for use of church and churchyard Total 13 RENTAL AND LETTING INCOME Nursery School rent Lettings Flat 1 rent Flat 2 rent Flat 3 rent 14 FUND-RAISING EVENTS General funds Restricted fund £ £ Fete - - Bazaar - - Burns' Night - 456 Collection of coins - 75 100 club 294 - 294 531 |
2020 2019 £ £ 910 510 225 322 29 - 46 48 218 369 1,140 4,085 |
|---|---|---|
| 2,568 5,334 |
||
| 2020 2019 £ £ 40,000 22,149 2,438 11,088 21,400 17,500 18,000 18,000 16,200 14,113 |
||
| 98,038 82,850 |
||
| 2020 2019 £ £ - 1,099 - 1,059 456 - 75 129 294 727 |
||
| 294 531 |
825 3,014 |
15 2019 COMPARATIVES BY FUND
| INCOME AND ENDOWMENTS Donations and legacies Other trading activities Investment income Other Income TOTAL INCOME AND ENDOWMENTS EXPENDITURE Costs of raising funds Church activities TOTAL EXPENDITURE NET MOVEMENT IN FUNDS |
Unrestricted funds Restricted funds General funds 2019 Church Music Church hall Church maintenance fund £ £ £ £ £ £ 46,377 - - - 18,807 65,184 8,689 - 83,433 - 1,844 93,966 9 48 382 - 98 537 854 - - - - 854 Designated funds |
|---|---|
| 55,929 48 83,815 - 20,749 160,541 |
|
| 1,547 - - - - 1,547 101,856 - 31,635 21 18,962 152,474 |
|
| 103,403 - 31,635 21 18,962 154,021 |
|
| (47,474) 48 52,180 (21) 1,787 6,520 |
13
Parochial Church Council of ST MARY BROOKFIELD
Notes to the Financial Statements For the year ended 31 December 2020
Statement of Financial Activities for Restricted Funds
| INCOMING RESOURCES Voluntary Income Collections Gift Aid Small Donations Scheme Sundry donations Gift Aid Income Tax Recoverable Other donations Grants Activities for generating funds Fund raising Sundry income Income from Investments Interest on funds with CBF Total Incoming Resources Resources expended Charitable activities Charitable giving (see note 15) Cold weather shelter Presentation Professional fees for church wall and extension project Church costs Maintenance of fabric Church maintenance Utilities Insurance Maintenance of worship Music Purchase of music Organists Upkeep of services Depreciation Total resources expended Net incoming (outgoing) resources Balances brought forward Balances carried forward |
Elsie Huxley Music Fund Vestments fund Flower Funds and Christmas decorations Church wall and extension fund Cold Weather shelter Fund Charities Funds Computer fund Presentation Fund Church wardens' fund £ £ £ £ £ £ £ - - - - - - - - - - - - - 420 350 - 25 - - - - - 105 88 - 6 - - - - - - 98 34 481 152 - 250 - |
Total 2020 £ - - 795 199 1,015 |
|---|---|---|
| - 525 536 34 512 152 - 250 - |
2,009 |
|
| - 525 536 34 512 152 - 250 - - - - - - - - - 14,000 - - - 74 457 - - - - - - - - - - - - - 15 - - - 40 - - - - |
2,009 |
|
14,000 531 - 55 |
||
| 15 525 536 108 1,009 152 - 250 14,000 |
16,595 | |
| - - - - - 152 - - - - - - - 954 - - - - - - - - - - - 250 - 11,040 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
152 954 250 11,040 - - - - |
|
| - - - - - - - - - - - - - - - - 11,230 529 - - - - - - - - - - - - - - - - - 555 448 - - - - - 2,341 |
- 11,230 529 - 3,344 |
|
| 529 555 448 - - - - - 13,571 - - - - - - 281 - - |
15,103 281 |
|
| 529 555 448 11,040 954 152 281 250 13,571 |
27,780 | |
| (514) (30) 88 (10,932) 55 - (281) - 429 |
(11,185) |
|
| 4,171 30 - 13,891 1,906 48 438 - 12 3,657 - 88 2,959 1,961 48 157 - 441 |
20,496 9,311 |
14
Statement of Financial Activities for Restricted Funds: Comparatives for 2019
| INCOMING RESOURCES Voluntary Income Collections Gift Aid Small Donations Scheme Sundry donations Gift Aid Income Tax Recoverable Other donations Grants Activities for generating funds Fund raising Sundry income Income from Investments Interest on funds with CBF Total Incoming Resources Resources expended Charitable activities Charitable giving Cold weather shelter Pilgrimage Church costs Maintenance of fabric Church maintenance Utilities Insurance Maintenance of worship Music Organists Upkeep of services Depreciation Total resources expended Net incoming (outgoing) resources Balances brought forward Balances carried forward |
Elsie Huxley Music Fund Vestments fund Organ and Flower Funds Church wall fund Cold Weather shelter Fund Charities Funds Computer fund Walsingham Fund Church wardens' fund £ £ £ £ £ £ £ £ - - - - 587 - - - - - - - - 134 - - - - - - - 1,500 40 - - - - - - - 375 10 - - - - - - - 11 650 - - - - |
Total 2019 £ 587 134 1,540 385 661 |
|---|---|---|
| - - - 1,886 700 - - - - |
2,586 |
|
| - - - 1,886 1,421 - - - - - - - - - - - - 15,500 - - - 129 - - - - - - - - - - - - 1,715 - 28 - - 70 - - - - - |
3,307 |
|
15,500 129 1,715 98 |
||
| 28 - - 2,085 1,421 - - 1,715 15,500 |
20,749 | |
| - - - - - - - - - - - - - 961 - - - - - - - - - - - 1,775 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
- 961 1,775 - - - - |
|
| - - - - - - - - - 455 - - - - - - - 7,195 - - - - - - - 5,105 - - 1 - - - - - 3,189 |
- 7,650 5,105 3,190 |
|
| 455 - 1 - - - - - 15,489 - - - - - - 281 - - |
15,945 281 |
|
| 455 - 1 - 961 - 281 1,775 15,489 |
18,962 | |
| (427) - (1) 2,085 460 - (281) (60) 11 |
1,787 |
|
| 4,598 30 1 11,806 1,446 48 719 60 1 4,171 30 - 13,891 1,906 48 438 - 12 |
18,709 20,496 |
15