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2021-12-31-accounts

Thornbury Parochial Church Council 2021 Annual Report and Accounts

1

Annual Report

Legal and administrative Parish

Legal and administrative information, including details of the Parochial Church Council (PCC) members who served during the year, is shown in Appendix A.

Aims and organisation

The main purpose of the PCC is defined in the Parochial Church Councils (Powers) Measure 1956 as ‘to cooperate with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical’.

The PCC meets 10 times in the year. Between these meetings business is transacted by the Standing Committee. Other subcommittees and groups reporting to the PCC are shown in Appendix B.

The revised electoral roll report is to be presented at the Annual Parochial Church Meeting (APCM).

Services took place at both St Mary's and St Paul's, with booking required and restricted numbers on many occasions. There were a variety of services, at different times, to cater for the different congregations, and to allow for the availability of ordained and lay ministers. It is hoped that there will be a more regular pattern of worship in 2022.

Review of progress and achievements

The PCC met 10 times over the calendar year, not counting the APCM. Several of these were via zoom, which was used for Standing Committee meetings too.

The Covid 19 pandemic had further impacts on the parish in 2021, with churches being closed again for part of the year, retired priests unable to conduct services, visitors not allowed to enter the churches for much of the time, weddings were reduced in number and numbers attending, funerals were affected similarly, social events were almost all cancelled and finances suffered as a result.

Our income reduced dramatically. However, we are fortunate in having many regular contributors, either to the Parish Giving Scheme, or directly to our bank account. Although our day-to-day finances suffered a reduction, investments rose again which reduced the impact.

During 2021 it was decided, to assist Rev Joy Ludlow with her substantial workload, that the office hours needed to be extended and that one Benefice Administrator/Secretarial Support for Priest-in-Charge suited the needs better than a job share. One of the job share Parish Administrators gave in her notice and moved away and, after consultation, the second Parish Administrator was not able to take on the additional hours and became redundant. Our new Benefice Administrator/Secretarial Support for Priest-in-Charge was appointed to commence work in early January 2022. Malcolm Kittle, the Director of Music, gave in his notice, as he received his PhD and moved area, finishing the year and completing all the Christmas services.

At St Mary’s, work was completed on the new Porch Doors, the audio-visual system was used extensively but required a few visits from the supplier to resolve minor issues. A roof alarm was fitted, a wall painting

2

investigated, and all the stained-glass windows were cleaned, except for two which need extensive off-site repair which is scheduled for 2022. It was discovered that the raised floor area at the rear of the church was damp and rotting in places and this will require replacing in the immediate future. Various smaller works were also carried out. There were also small maintenance works at St Pauls. The quinquennial was carried out for both churches, highlighting works needing to be done, although nothing was considered urgent.

Finally, we have had to bid a sad farewell to many of our church community who contributed to our Parish in so many ways. May they rest in peace.

Legal and administrative – Hall

Legal and administrative information, including details of the Managing Trustees and the Hall Committee is in Appendix C.

Aims and organisation

The aims of St Mary’s Church Hall Trust are contained in the Thornbury Church Institute Declaration of Trust Deed dated 30[th] March 1912. This established the Trust to provide a Hall, inter alia, “for any ecclesiastical purpose or for the purpose of mission services, Sunday schools or meetings or for any object or purpose having in view the spiritual, moral, social or intellectual wants, requirements and welfare of professing members of the Church of England”.

The Hall Trust places the facility in the absolute care of the Vicar and Churchwardens for the time being in office. They have the power to appoint Trustees. The original Custodian Trustees are all deceased and this role has now been taken by The Gloucester Diocesan Trust. On 27 January 2004 the Vicar and Churchwardens appointed Thornbury PCC to manage the day-to-day administration of the Hall. This is undertaken via the Church Hall Sub-committee of the PCC, which can include, ex-officio, the Vicar and Wardens.

3

Review of Financial Activities and Affairs

The most significant feature of 2021, affecting the Accounts, was again the Covid -19 pandemic. Our churches were closed again, on several occasions, due to Government lockdowns, funerals were reduced, as families opted for a single service at the cemetery or crematorium. Weddings returned to churches, but numbers attending were limited for part of the year, and the churches were kept closed if there were no services, meaning there were very few casual visitors.

This had a further impact on our income for the year, with very low cash collections at services, few donations and much reduced fee income from funerals and weddings. We had limited film nights, music concerts and very few social meetings. We are, however, truly fortunate in having generous and committed congregations, who have maintained their regular giving, whether via the Planned Giving Scheme or Standing Orders. We were also very fortunate to receive a final instalment from the estate of Peter Sumner and a substantial legacy from the estate of Roger Bennett.

Expenditure was reduced to more normal levels, following our investment in the audio- visual equipment in 2020. We continued with maintenance and improvements to the fabric of St Mary’s.

The Receipts and Payments account shows a net surplus for the year of £47. The surplus on the General Fund of £12,682 was due to reduced expenditure. The Restricted Funds showed a deficit in the year, because of the fabric work undertaken at St Mary’s, but this was offset by an increase in the share valuation at the year end. The total funds have thus increased from £1,581,357 to £1,713,897.

The Churchwardens were very busy during this year, ensuring that the churches were kept safe, whether they were empty or with services taking place. They also oversaw the continuation of the Porch Doors project at St. Mary’s, installation of the roof alarm, cleaning of the stained glass and several smaller fabric repairs, all funded by the Robinson Trust.

Many thanks to everyone who gives generously of their money, time and support in so many different ways.

4

Funds

We operate 3 types of fund: The General Fund covers day to day income and expenditure and can be used for the whole Parish. The Designated Fund is earmarked for major projects, while the Restricted Funds are for specific expenditure using income raised or donated for such purposes, as detailed in the notes. As we no longer have a "Reserves" fund (what we used to think of as "savings") we need to keep a surplus and operating balance on our General Fund, sufficient to cover a year of salaries or three to four months of out-goings or any emergency that might arise. For this reason, we now keep a balance of about £50k – £60k on the General Fund. (£64,754 at 31.12.21).

General (unrestricted) Fund

Income exceeded outgoings of this fund by £12,682. This was principally due to lower expenses, including the £5,000 reduction in Parish Share (our payment to Gloucester Diocese) for 2021. We anticipate increased fee income from weddings in 2022 and hope that there may be further fundraising to improve our day-to-day funds.

The notes to the accounts give a breakdown of figures and costs for all the components that make up our income and expenditure and where there is a difference, which is more than normal variation or inflation, a comment or explanation is given.

Designated Fund

The Designated Fund holds our reserves, which are available to use on any projects within the Parish. For the purposes of the Charities Commission, we must identify possible works that will need doing in the near future. During 2021, we did not need to use the designated fund, as most works were covered by the Robinson Trust.

The balance on the fund is now £46,891.

Current projects to be funded in 2022 onwards are as follows:

Quinquennial works
Stained Glass window repairs
Fees: - Architect's fees on above projects		 £
5,000
35,000
6,891
46,891

The above figures are estimates of cost only at this stage. Works will not begin until a contract price and schedule of works is agreed. These items may change if priorities change. The stained-glass cleaning/repairs will cost more than £40K, but hopefully we can apply for grants.

5

Planned Giving and the Parish Giving Scheme

The number of planned givers (whether in the diocese scheme or by Standing Order) has decreased from 152 at the end of 2019, to 135 at the end of 2020, to 130 at the end of 2021.

Thank you all for your continued commitment to our ministry, and for reviewing or increasing your giving. Thanks to Phil Jones for continuing in the role of Planned Giving Recorder.

Restricted Funds

Bufumbo

There was no income on this fund during 2021, which is for our link parish in Uganda. The fund includes a legacy of £5,000 given in 2016 from the will of the late Dr Jean Clark. We are indebted to Fiona and Ken Mitchell, who work tirelessly to continue our active support of Bufumbo. They are working with the Missions Committee to decide how best to spend the balance (£8,548). Full fund details appear in the notes to the accounts.

Friends of St Mary’s Re-ordering Fund

There has been limited movement on this fund since the completion of the first stage of re-ordering - the west end in 2014. The small remaining balance (£4,240) on this fund will be used for the next phase of re-ordering at St Mary's.

Hopkins Restricted Fund

The Hopkins Legacy is restricted by the will of the benefactor who left it "to the PCC of St Mary's and St Paul's Thornbury, to be applied both capital and income for such charitable or religious purposes in the said parish as the PCC shall in its absolute discretion think fit". It now stands at almost £644K. It provides income of approx. £13k per annum, 10% of which the PCC voted to be distributed in the parish as decided annually by the missions committee. The remaining 90% income is held in the Hopkins deposit account and funds other projects and buildings maintenance. The value of the shares increased by £67K, including a transfer of £25K from deposit to shares during the year. The CBF fund is administered by CCLA the Church of England investment managers. Full fund details appear in the notes to the accounts.

Robinson Restricted Fund

The fund was opened in June 2019, on receipt of a legacy from the late Nesta Robinson. The funds have now been invested with CCLA, £250K was immediately put into shares, while the balance (£350K) was held in a deposit fund. There were monthly purchases of £50K of shares up to £150K in 2020, and a further purchase of £20K of shares in 2021, leaving a year-end balance in the deposit fund of £86K to pay for projects in 2022. The valuation of the shares stood at almost £520K at 31.12.21. This fund is also restricted under the terms of the will, to be used for the fabric of St Mary’s Church. However, this does mean that more of the General Fund is available for non-fabric expenditure and for St Paul’s Church.

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Music Fund

This fund holds money for the organist to use on musical matters and is funded by income from choir fees for singing at weddings, and donations, mainly from the concert series, when allowed. Full fund details appear in the notes to the accounts.

Bells Fund

The Bells fund has been brought back into PCC accounts. It receives monies from wedding couples, and payments are made from it to the ringers, as required. The current balance will be used for any small repairs, as necessary.

Children and Youth Fund

This will be spent on the children and youth ministry in the parish, in accordance with a policy to be devised and agreed with Revd Joy. Full details of the fund appear in the notes to the accounts.

St Mary's Church Hall

The Church Hall accounts form part of our church accounts. They occupy the fourth column of the receipts and payments account and the balance sheet includes their details and share of investments. The Church Hall report is at the end of this one and their notes appear in the "Notes to the accounts". The Hall Committee, as a subcommittee of the PCC, maintain and run the Church Hall and prepare the Hall accounts for inclusion at year end.

Use of Funds

The Charities Commission requires the PCC to comment on the size and use of retained funds. The General Fund covers the cost of our ministry, staff costs, Parish Share and routine up-keep of our buildings. The operating balance we hold on that fund is around a third of our annual expenditure. Funds surplus to this are held in the Designated Fund. We have a hall complex and two church buildings to maintain, one of which is Grade l listed and in constant need of specialist attention, particularly regarding its masonry. The funds we hold are not enough to cover all the things we would wish to do to bring the latter to the level of modernisation required by a 21st century community. The biggest foreseen cost is St Mary's floor. The stone tiles are disintegrating and will eventually need replacing. This could cost more than £1million. The investment held in the Hopkins fund (which is under our sole discretion) has long been earmarked for this project when other funding is available. The Robinson legacy is for the fabric of St Mary’s. The stained-glass windows need releading and repairing, costing in the region of £60K. The total re-ordering of St Mary's, so that it can better serve the mission of the parish in the 21st Century, remains our aspiration.

7

Assessment and Mitigation of Financial Risks

The major threats can be summarised as follows:

Bank Accounts

Interest rates continue to be very low so there is nothing to be gained from moving any of our bank accounts. We continue to bank with NatWest as the diocese has an agreement that all its churches get interest on their balances, although we do now pay bank charges on both current accounts. We hold surplus funds in a Virgin Money saver account and at the beginning of 2016 we opened a Coventry Charities saver account in order to bring all balances to £85k or lower, £85k now being the maximum amount covered by the Financial Services Compensation Scheme. It is increasingly difficult to find or open charity accounts due to increased legislation regarding signatories. The PCC will continue to safeguard the funds in the best way possible.

8

Church Hall - Review of Activities during 2021

The Covid19 Pandemic continued to curtail the regular use of the hall.

The church hall remained closed from January until mid-April. Two regular users namely Kumon & Music with Mummy returned after the Easter school holidays. In May, Thornbury Studio Art Groups, and playgroups Little City Bristol & Pop–up Village returned. In June, Babies & Toddlers, Guides, Rainbows &Thornbury Magazine came back.

From September onwards the majority of user groups returned. Four new monthly groups were welcomed, namely Severn Vale Flower club, Severn Valley Quilters, Thornbury Wine Circle and U3A Language. Tots Play World didn’t return after the last lockdown.

The hall cleaner resigned due to ill health. The hall now employs Janes Cleaning, an independent Bristol company. This ensures that the hall is cleaned regularly to Covid compliant standards and provides cover for both sickness and holidays.

During the year, the flush control which had caused excessive water loss in the gent’s toilet during 2020, was replaced.

The hall shed, in the car park, has been dismantled. At present there is adequate storage space in the garage and the hall. If additional storage is required in the future, a new metal shed costing around £700 will be purchased.

The accounts for the Church Hall are included in the Notes to the Accounts.

The key points are:

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respect of the cost of sewerage included in the overall charge for water and sewerage billed in December 2020 to cover the loss of water arising from the failure of the cistern control valve in the men’s toilet during lockdown.

10

Independent Examiners Report

Respective responsibilities of the trustee and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of the independent examiner’s report

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 charity and a comparison of the accounts presented with those records. It also includes consideration of 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 given 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:

15th April 2022

Kenneth Mitchell 19, David’s Close Alveston Bristol BS35 3LR

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Thornbury Church - 1137265

Receipts and Payments Account

For the period from 01 January 2021 to 31 December 2021

Unrestricted Designated Restricted Church Hall Total Prior year
funds funds funds funds funds total funds
______________
Receipts
Donations and legacies 151,991 — 6,929 — 158,920 165,939
Income from charitable activities 3,940 — 112 18,554 22,606 18,702
Investments 474 — 26,542 46 27,063 26,911
Other income 390 — — — 390 636
Total receipts 156,796 — 33,583 18,600 208,980 212,189
Payments
Expenditure on charitable activities 142,661 (558) 54,636 10,740 207,480 304,406
Other expenditure 1,452 — — — 1,452 181
Total payments 144,114 (558) 54,636 10,740 208,933 304,588
Excess of receipts over payments before transfer 12,682 (558) (21,053) 7,859 47 (92,398)
Transfers
Gross transfers between funds - in — — — — —
Gross transfers between funds - out — — — — —
Excess of receipts over payments before other gains 12,682 558 (21,053) 7,859 47 (92,398)
Gains/(Loss) on investments 1,491 131,001 132,493 64153
Net movement in funds 14,173 558 109,948 7,859 132,540 (28,245)
Reconciliation of funds
Excess of receipts over payments at beginning of year
 50,580 46,332 1,214,677 269,766 1,581,357 1,609,602
Excess of receipts over payments at year end 31.12.21 64,754 46,891 1,324,625 277,625 1,713,897 1,581,357
Represented by
Unrestricted
General fund 64,754 — — — 64,754 50,580
Designated
Designated fund — 46,891 — — 46,891 46,332
Restricted
Bells — — 2,013 — 2,013 1,881
Bufumbo — — 8,548 — 8,548 8,548
Children and Youth Work — — 28,321 — 28,321 28,536
Fabric Fund incl Chancel Roof — — 0 — 0 0
Friends of St Mary's Reordering — — 4,240 — 4,240 4,560
Hopkins Restricted Reserve — — 644,152 — 644,152 564,461
Music incl choir — — 5,946 — 5,946 5,434
Robinson Trust — — 631,403 — 631,403 601,253
Endowment
Hall Property — — — 210,000 210,000 210,000
Hall designated receipst and payments — — — 67,625 67,625 59,766

There may be minor discrepancies in the totals if the pence are not being shown

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Thornbury Church -1137265 Balance Sheet detailed

As at

As at 31/12/2021 31/12/2020

Fixed assets
Hopkins Reserve CBF C of E 110,899.73 96,958.25
Investments
Hopkins General CBF C of E Investments 449,940.70 371,496.09
Salmon Curate gift - CBF CofE Inv 2,965.90 2,593.05
Shares
General Bequest Fund - CBF CofE Inv 8,897.47 7,778.95
shar
Church Hall and Land 210,000.00 210,000.00
Robinson CBF (CCLA) Investments 519,525.72 435,909.74
_______
Total Fixed assets 1,302,229.52 1,124,736.08
Current assets
NatWest Number 1 account
 75,259.27 60,075.53
NatWest Number 3 account — —
Church Hall Bank A/c 30,444.00 24,192.01
CBF General Purposes Deposit 9,644.12 9,639.10
Hopkins Restricted Deposit 84,797.47 96,131.36
Virgin Money Savings A/c Church 40,000.00 40,000.00
Virgin Money Savings A/c Hall 35,000.00 35,000.00
Coventry charity deposit 55,834.16 55,749.08
Robinson Restricted Deposit 86,269.58 146,200.27
Accounts Receivable 1,232.00 1,772.77
Pre-paid Expenditure 100.00 200.00
Accrued Income 17.80 6,998.56
Hall Net Debtors 3,530.88 2,089.61
____________
Total Current assets 422,129.28 478,048.29
Liabilities
Agency collections
 2,463.14 3,504.59
Accrued expenditure 3,061.65 14,881.02
Pre-paid Fees 3,587.00 1,526.00
Hall Liabilities 1,349.05 1,515.50
__________
Total Liabilities 10,460.84 21,427.11
______
Net Asset surplus (deficit)1,713,897.96 1,581,357.26

_____

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Reserves

Excess / (deficit) to date 47.26 683,448.46 Starting balances 1,581,357.26 833,755.23 Gains/(losses) on investment assets 132,493.44 64,153.57

_ _____

Total Reserves 1,713,897.96 1,581,357.26

Represented by Funds
Unrestricted
64, 754.71
50, 580.80
Designated 46, 891.47
46, 332.92
Restricted 1, 324, 625.95 1, 214, 677.42
Endowment 277, 625.83
269, 766.12
______
Total
 1, 713, 897.96 1, 581, 357.26
______

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Thornbury Church - 1137265

Receipts and Payments Account

For the period from 01 January 2021 to 31 December 2021

Notes to the Accounts

General Fund
2021
£
General Fund – Receipts
Voluntary Income
Planned giving (Note 1a)
102,155
Collections (Note 1b)
2,176
Donations (Note 1c)
7,495
Gift aid reclaimed on charitable giving (Note 1d)
25,729
GASDS - addition gift-aid on non-gift aided giving
over the year (Note 1d)
364
Income for flowers and photocopying, events (note 1e)
440
Grants including recurring and one-off (note 1f)
1,950
Legacies ( Roger Bennett (£10K)and Peter Sumner balance)
11,488
Investment Income(Note 1g)
Receipts from Charitable Activities
Weddings and Funerals (Note 2a)
3,818
Other funds generated (note 2b)
707
Total Receipts		 2021
2020
£
£
105,545
2,706
6,151
24,223
1,430
150
7,977
1,000
151,797
474
3,098
864
4,525
156,796		 2020
£
149,182
1,494
3,962
154,638

Note 1a Planned giving was down, compared to 2020, because the number of regular givers has decreased Note 1b Collections were similar to 2020 but significantly lower than in 2019, due to Covid-19, the lockdown and the lack of normal services. Note 1c Donations were also reduced due to the churches being closed for some of the year. It normally includes monies raised from film nights, Sunday lunches, Alveston Singers and Monies raised by Rev Tom on his Ride and Stride - which he still did in 2021. The contactless machine donations included here are beginning to grow.

Note 1d Gift Aid top up on cash donations was also much reduced as collections and donations were much lower.

Note 1e Flowers income was much lower in 2021 than pre Covid. Note 1f Grants include Utilities Warehouse commission, town council grant for flood lighting, a small furlough grant and VAT refund on stained glass cleaning.

Note 1g Investment Income was down due to very low interest rates.

Note 2a 2021 had 7 weddings, compared to 1 in 2020 and 14 in 2019, with 2 blessings. The number of funerals was down compared to 2020, but more were held in church, rather than just at the cemetery or crematorium.

Note 2b Other funds generated include:

Oldbury Share of Office Costs

Clergy funeral travel fees

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Thornbury Church - 1137265

Receipts and Payments Account

For the period from 01 January 2021 to 31 December 2021 Notes to the Accounts

General Fund

2021
£
al Fund - payments
Cost of generating voluntary income
Charitable Activities
Church office costs
3,206
Church flowers (Note 3)
779
Children’s work
0
Organ & piano tuning
984
Choir & music
173
Ch@t (church magazine) (Note 4)
807
Church Maintenance
St Mary’s (Note 5)
1,642
St Paul’s
60
Church Equipment (note 6)
1,310
Church Running costs
St Mary’s utilities (Note 7)
3,998
St Paul’s utilities
550
St Mary’s Insurance
4,732
St Paul’s Insurance
522
Cost of upkeep of services
208
Lay Salaries (Note 8)
16,809
Parish Share (Note 9)
94,740
Ministry Costs, incl vicar’s expenses, training,
subscriptions & licences (Note 10)
2,174
Faith sharing, events, courses & social expenses
1,218
Mission giving (excluding Hopkins - now a restricted
fund)
9,050
Governance, audit fee, VAT reclaimable, Architect’s
fees
otal
 2021
2020
£
£
202
3,277
340
117
825
107
682
2,516
3,673
12,515
4,360
541
4,615
513
465
18,362
97,160
1,581
1,487
9,050
142,962
950
144,114		 2020
£
132
162,186
254
162,570

General Fund - payments

Total

Note 3 The cost for church flowers was slightly higher than in 2020, as the church was open a little more in 2021. Note 4 Ch@t costs were still lower in 2021, as most editions were produced on-line. Costs will revert to a higher level as more hard copies are produced in future.

Note 5 Maintenance - St Mary’s: - Fire extinguishers inspection, lightning conductor testing, roof alarm monitoring. St Paul's – PIR light.

Includes defibrillator, St Paul’s noticeboard, back-pack cleaner for bell tower

Note 6 Note 7

Note 7 Utilities costs are lower than would be normal, due to the reduced number of services in both churches. Note 8 Salaries were lower because the office administration reduced from September onwards, and there were fewer additional services for the organists.

Note 9 Parish Share reverted to the normal level in 2021 after the PCC had agreed an extra £5000 for one year (2020) as the Robinson legacy had been received

Note 10 The licences are all back in use and there are additional licences for live streaming Sunday services.

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Thornbury Church - 1137265

Receipts and Payments Account

For the period from 01 January 2021 to 31 December 2021 Notes to the Accounts

Designated Fund

This Fund contains surplus monies designated to pay for agreed projects.

In accordance with the Financial Reporting Standard 102 Statement Of Recommended Practice, we no-longer hold a reserves fund.

2021
£
Receipts
Total Receipts
Payments
St Mary's
Audio-Visual equipment (note 11)
(558)
Stafford Ramp Carpentry
0
Organ sheeting for AV works
0
Total Payments
Brought forward balance
Transfer of General fund surplus to Designated Fund
Transfer of funding from Hall
Balance carried forward
Note 11 This was due to an overprovision in 2020 accounts
Items to be funded 2022 onwards by funds held in the designated balance.
St Paul’s
Quinquennial works
St Mary's
Stained-glass window cleaning/repairs
Fees - Architect's fees on above projects		 2021
£
0
(558)
46,333
0
0
46,891
2020

£

49,387
470
420





£
5,000
35,000
6,891
46,891		 2020
£
0
50,277

86,610
0
10,000
46,333

All items are estimated costs only and may be higher than the funds available. If that is the case, we have the Hopkins deposit and a small balance on FOSM fund. St Mary's church requires constant resources for maintenance and fabric upkeep, but we now have the Robinson Trust fund to cover fabric works to St Mary’s.

17

Thornbury Church - 1137265

Receipts and Payments Account

For the period from 01 January 2021 to 31 December 2021

Notes to the Accounts

Restricted Funds

2021
£
Robinson Trust
Receipts
Interest on deposit fund
69
Dividends from shares
12,806
Grants received (VAT refunded) (Note12)
6,242
Total receipts
Payments
Legal and investment fees
0
Architects and lighting designer Fees
492
Roof alarm
6,594
Repairs to steps, pulpit and removal of monument
3,036
Porch doors, path relaying
37,287
Relaying slabs
0
VAT reclaimable
740
Repairs and improvements to clock
0
Electrical works
0
Repairs to door
435
Repairs to bell tower hatch
300
Cleaning of stained glass
3,700
Total Payments
Excess of payments over receipts
Funds
Value of Robinson shareholding b/f
601,253
Increase in value of shareholding
63,615
Balance carried forward		 2021
2020
£
£
1,030
10,691
16,481
19,118
1,240
4,196
0
0
22,114
560
7,439
8,610
27,982
52,584
(33,465)
611,967
33,224
664,868
631,403		 2020
£
28,201
72,141
(43,940)
645,191
601,253		 2020
£
28,201
72,141

Note12 The grants received were for the roof alarm, the review of the wall painting, and VAT on the clock works, electrics, roof alarm and paving works. The Porch doors are zero rated for VAT, as they improve accessibility.

The requirements of the Will, leaving the funds to St Mary’s, state that they must be used for the upkeep of the fabric of St. Mary’s. This enables other funds to be released for the upkeep of St Paul’s. The first project was to improve the lighting throughout the church. The improvement to the South entrance, including Glass doors will be completed in 2022, with a memorial plaque giving thanks to Nesta Robinson, for her generous legacy to the church.

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Thornbury Church - 1137265

Receipts and Payments Account

For the period from 01 January 2021 to 31 December 2021 Notes to the Accounts

Restricted Funds (continued)

2021 2021 2020 2020
£ £ £ £
Hopkins Fund
Income from Investments
Dividends from Hopkins Restricted Investment 12,254 11,834
10% Dividend for Hopkins Disbursement (Note 13) 1,361 1,315
Interests on Hopkins restricted deposit 50 13,666 376 13,524
Payments
Hopkins disbursement 1,361 1,315
1,361 1,315
Subtotal 12,304 12,210
Value of Hopkins fund b/f 564,462 521,994
Decrease/Increase in value of shareholding 67,386 30,259
Year-end value of fund 631,848 552,253
Balance carried forward 644,152 564,462
his fund arose from the bequest of the late Francis Hopkins. Under the terms of his Will, it can only be spent by the PCC of St Ma
eir discretion, within the parish of Thornbury
Note 13
10% of the dividend income from Hopkins investments are designated for disbursement on projects or causes decide
committee. Total dividend income on this investment was £13,615 giving a figure of £1,361 available for distribution in
Details of the disbursement recipients are given in the "Mission Giving 2021" Statement - Appendix D
Bufumbo
Receipts
Sale of beads 0 60
Balance brought forward from last year 8,548 8,488
Balance carried forward 8,548 8,548
FOSM Re-ordering Fund
Payments
Treatment of main door at St Mary’s 320 0
Balance carried forward 4,240 4,560

This fund arose from the bequest of the late Francis Hopkins. Under the terms of his Will, it can only be spent by the PCC of St Mary's and St Paul's, at their discretion, within the parish of Thornbury

Note 13 10% of the dividend income from Hopkins investments are designated for disbursement on projects or causes decided by the missions committee. Total dividend income on this investment was £13,615 giving a figure of £1,361 available for distribution in 2021.

The remaining balance will be used on the repairs to the rear floor, after which the fund will be wound up.

19

Thornbury Church - 1137265

Receipts and Payments Account

For the period from 01 January 2021 to 31 December 2021 Notes to the Accounts

Restricted Funds (continued)
2021
2021
2020
£
£
£
Music Fund, including choir
Receipts
Donations not Gift Aided
150
0
Donations- Concert series (not Gift Aided)
100
150
Other funds generated
262
0
Total Income
512
Payments
Music
0
70
Total Expenditure
0
Subtotal
512
Balance brought forward
5,435
5,355
Balance carried forward
5,946
Bells Fund
Receipts
Donations received
0
69
Total income received
0
Subtotal
0
Subscriptions, CCTV, repairs
107
1,563
Stay for tenor bell
48
Subtotal
(155)

Transfer from Weddings
287
Balance brought forward
1,882
Balance carried forward
2,013
Children and Youth Work fund
Receipts
Donations (Note 14)
0
0
Total Receipts
0
Payments
Materials
215
(215)
232
Balance brought forward from prior year
28,536

Balance carried forward
28,321
 2020
£
150
70
80
5,435
69
69
Payments
(1,563)
0
3,375
1,882
0
(232)
28,768
28,536

Note 14 As more families with children are joining in more services, this fund will initially be used for the cost of their activities, until such time as the PCC decides on a longer-term plan.

20

Thornbury Church - 1137265

Receipts and Payments Account

For the period from 01 January 2021 to 31 December 2021

Notes to the Accounts

Church Hall Notes

Accounts for the year 2021 (Hall Fund, extracted from Thornbury Church Receipts and Payments Accounts)

INCOME
Notes
Lettings – Hall
1
Lettings – House
2
General
3
Investment
4
EXPENDITURE
Administrative
5
Operations
6
Staff
7
SURPLUS/(DEFICIT)
Balance at 1st January
Transfer to PCC designated fund
Balance at 31st December		 2021
£
9,314
9,240
0
46
18,600
1,406
5,886
3,449
10,741
7859
59,766
0
__
67,625
____		 2020
£
5,341
9,240
796
172
15,549
1,406
11,800
3,213

16,419
(870)
70,636
(10,000)
__
59,766
__

Balance Sheet as at 31/12/2021 (Hall fund, extracted from Thornbury Church Balance Sheet)

FIXED ASSETS
Hall and Land
CURRENT ASSETS
Cash and Bank Accounts
30,444
Virgin Money a/c held by PCC
35,000
Debtors – Account Invoices
2,012
Debtors – Other
125
Prepayments
1,394
TOTAL ASSETS
CURRENT LIABILITIESAmounts due within one year
NET ASSETS
LIABILITIES
Funds
General Fund
Property
TOTAL LIABILITIES		 210,000
24,192
35,000
661
112
68,975
1,316
278,975
(1,349)
_
277,626
_
67,626
210,000
___
277,626
 210,000
61,281
271,281
(1,515)
___
269,766
_
59,766
210,000
_
269,766

Thornbury Church - 1137265

21

Thornbury Church - 1137265

Receipts and Payments Account

For the period from 01 January 2021 to 31 December 2021 Notes to the Accounts

Church Hall Notes

NOTES
INCOME
Note 1 - Hall Lettings
Casual Users
Regular Users
Note 2 - House Lettings
House Rental
Note 3 – General
Miscellaneous
Grants (Furlough)
Note 4 – Investment
Virgin Money Interest
TOTAL INCOME
EXPENDITURE
Note 5 – Administrative
Management fees
Postage / Stationery
Professional fees
Sub-total
Note 6 – Operations
Certificates
Cleaning Materials
Consumables
Fabric Boiler
Furnishings
Major Works
Maintenance
House
Gardens
Insurance
Kitchen Items
Minor Disburse + mobile phone
Piano Tuning
Window Cleaning
Utilities - Electric
Gas
Less Gas recharge – house
Water
Less Water recharge – house
Sub-total
Note 7 – Cleaning
Staff - Cleaner
Contractor
Sub-total
TOTAL EXPENSES		 2021
£
105
9,209
9,240
0
0
1,331
0
75
180
0
0
615
1,599
1,264
-466
480
-731		 2021
£
9,314
9,240
0
46
18,600
1,406
394
0
40
2,394
193
1,344
0
216
0
0
758
798
(251)
1,306
0
3,449
3,449
10,741		 2020
£
40
5,301
9,240
30
766
1,331
0
75
130
180
0
5,666
1,000
875
1,212
-437
1,142
-710		 2020
£
5,341
9,240
796
172
15,548		 2020
£
5,341
9,240
796
172
15,548

1,406

153
0
7,731
235
1,341
0
248
0
160
605
775
432
1,812

1,618
1,395
3,213
16,419

22

Appendix A – Legal and Administrative Information

Name: Parochial Church Council of the Ecclesiastical Parish of Thornbury
Location: St Mary’s is located in Castle Street, adjacent to the Castle on the edge of the old town;
St Paul’s is in Hackett Lane, outside the town close to the areas of recent housing
development.
Address for
correspondence:		 Benefice Office
St Mary’s Church
Castle Street
Thornbury
Bristol BS35 1HQ
PCC Members: Members who served during the year were as follows:
Revd Joy Ludlow – Priest-in-charge
Monica Mullinex - Lay Reader, ex officio
Christine Dadd - Deanery Synod representative
Mike Dennett - Deanery Synod representative and Churchwarden
Phil Jones - Deanery Synod representative
Gill Spiller – Deanery Synod Representative
Robin Gupta – Churchwarden – vice-chair
Jenny Ovens – Churchwarden
Anna Ballard
Rosemary Cook
Peter Craig
Martin Davey
Marie Holmes
Mike Keavey
Kate Phillipson-Masters
Graham Reaper-Brown
Janet Shipp
Mick Spiller
Timothy Swan
Andy Watson
Gill Young - treasurer
Status: The Parochial Church Council of the ecclesiastical parish of Thornbury has been
registered with the Charity Commissioners as registered charity number 1137265
Independent
examiner:		 Ken Mitchell
Bankers: National Westminster
PO Box 1062
16 The Plain
Thornbury
Bristol
BS35 2QE

23

Appendix B – Sub-committees and groups reporting to the PCC

Standing Committee Missions Committee, Global and Local Concern Church Hall Committee Music at St Mary’s St Mary’s cleaning team St Marys Flowers St Mary’s Church buildings and fabric St Pauls Buildings and fabric St Mary’s Churchyard Chat Parish Newsletter Social Media Thornbury Churches Together Wootton Deanery Synod Sunday Lunch Environment Champions Children’s ministry Safeguarding Youth Work Mothers Union St Mary’s C of E VA Primary School Pastoral visiting team Bereavement support Marriage reflection Baptism Faith Sharing Committee Social Committee

A full report of the work of these committees and associated groups is made within the Annual Review of 2021.

Appendix C – Hall Management

Custodian Trustee: Gloucester Diocesan Trust

Managing Trustee: Thornbury Parochial Church Council Hall Sub-committee: Joint Chairman: Mr A Mullinex & Mrs J Geal

Treasurers: Miss A Edwards & Mr B Knott Mrs C Ball Mrs M Stephens Mrs H Bullock Three Vacancies for User Representatives (co-opted)

Ex-Officio: The Vicar: Rev Joy Ludlow, from October 2020 Church Warden: Mrs Jenny Ovens

24

Missions: Global and Local Concern Missions: Global and Local Concern Missions: Global and Local Concern Report
Please find below the Missions Allocation for 2021. During 2021 there were no extra or
special collections due to the difficulties presented by Covid-19. The congregation were
encouraged to donate directly to charities and the Disasters Emergency Committee (DEC)
Coronavirus Appeal.
Missions Allocation - Charitable Sharing for 2021
2020 2021
International **(£) ** (£)
Church MissionSociety 1,450 1,450
Bufumbo(ExtraCollection)
USPG (United Society Partners in 1,450 1,450
theGospel)
Wycliffe Bible Translators 725 725
Embrace 725 725
Sub Total 4,350 4,350
National
Children’s Society 1,000 1,000
Children’sHospice SouthWest 750 750
Church Army 1,100 1,100
ChurchUrban Fund 1,100 1,100
A RochaUK 700 700
Sub Total 4,650 4,650
Local
See HopkinsCharitable Trust Fund
Sub Total
Gloucestershire Historic Churches
50 50
Trust
Unallocated 0 0
Christian Aid 0 0
Grand Total: 9,050 9,050

25

Francis Hopkins Charitable Trust Fund 2021

2019 2020 2021
£ £ £
Hopscotch Children’s Group Real Advent Calendars 67.50 - 90.00
St Mary’s Primary School Leavers Bibles 174.65 197.67 215.76
Christingle Oranges/Sweets 67.91 - -
Haven Memory Café (at URC) 100.00 - 50.00
TCT New Start Debt Advice (Thornbury Baptist
Church)		 200.00 400.00 300.00
TCT North Bristol Foodbank in Thornbury 100.00 300.00 355.84
St Peter’s Hospice in the Home 200.00 300.00 300.00
Thornbury Memory Café (at Methodist Church) 100.00 - 50.00
St Mary’s Primary School Trust Fund 266.54 117.19 -
Total: 1,276.60 1,314.86 1,361.60

26