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2021-12-31-accounts

Christ Church Portsdown

Annual Report and Accounts 2021

Christ Church Portsdown - Annual Report & Financial Statement 2021

Ecclesiastical Parish of Christ Church, Portsdown Registered Charity No: 1137597

Annual Report and Financial Statements For the year ended 31 December 2021

Index to Pages Page
Independent Examiner’s Report 3
Aims and Purposes, Objectives and Activities 4
Achievements and Performance 4 - 5
Structure, Governance and Management 5 - 9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the accounts - including Accounting Policies & Funds 12 - 18
Detailed analysis of Mission Support 19

Page 2 of 19

Christ Church Portsdown - Annual Report & Financial Statement 2021

Independent examiner’s report to the members/trustees of Christ Church, Portsdown Parochial Church Council.

I report on the accounts for the year ended 31 December 2021, which are set out on pages 4 to 19.

Respective responsibilities of the Trustees and the Independent Examiner

As trustees of the charity, the members of the PCC are responsible for the preparation of the accounts. They 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 Independent Examiners Statement

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 the management committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

Signed……………………………………..

Date………22[nd] March 2022……………..

Julia Scott

JW Scott Accountancy and Bookkeeping Service

Page 3 of 19

Christ Church Portsdown - Annual Report & Financial Statement 2021

AIMS AND PURPOSES

The Parochial Church Council of the Ecclesiastical parish of Christ Church Portsdown is registered as a charity with the Charity Commission and has the charity commission registration number 1137597.

Christ Church Portsdown Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, the Reverend Andrew Wilson, in promoting in the ecclesiastical parish the whole mission of the Church, spiritual, pastoral, evangelistic, social and ecumenical to the benefit of individuals and society as a whole. It provides facilities for public worship and community activities. The PCC is responsible for the maintenance and development of the church building (known as Christ Church) and the church hall (known as Christ Church Hall).

OBJECTIVES AND ACTIVITIES

The PCC is committed to enabling as many people as possible to worship God at our church and to become part of the community at Christ Church. This involves providing a variety of services of worship and other activities to enable people to encounter God through worship and prayer, word and sacrament, expounding the teachings found in the Bible and providing pastoral care for those living in the parish. To facilitate this work, it is vital that the fabric of the church buildings is maintained and developed.

ACHIEVEMENTS AND PERFORMANCE

Introduction

Christ Church Portsdown, consecrated in July 1874, is built in the early Norman style with a sixty foot tower. Its construction is in Portland stone with flints taken from the chalk of Portsdown Hill and bedded in black mortar. The building is situated on the northern boundary of Portsmouth, Cosham district, set back from the east side of the A3 London Road, just north of the crest of Portsdown Hill. It stands in its own Churchyard surrounded by trees. Behind the Church, together with an extension to the Church burial grounds, is a Military Cemetery managed by the Commonwealth War Graves Commission.

The Parish includes parts of Cosham and Widley: the latter being in the Borough of Havant, however all of Christ Church Parish is in the Diocese of Portsmouth.

The Church address is Christ Church Portsdown, London Road, Cosham, Portsmouth, PO6 3NB. The Church website is www.christchurchportsdown.org.

Overview of the Year

2021 started with the country in the midst of the Covid-19 pandemic and no in-person church services taking place at Christ Church. An online service was recorded each week and made available each Sunday morning. Whilst this provided some spiritual support, church members found it difficult to be unable to meet together. We returned to worship together on Easter Sunday afternoon.

From the week after Easter, a service was held at 11.00am each week. This change of time (from 10.30am pre-Covid), enabled the clergy to minister at the services at both St John’s Purbrook and Christ Church each Sunday (a similar change, from 10.00am to 9.30am, was made at St John’s). The 6.00 Service: Refuel recommenced in May. The 8.00 Service recommenced at the beginning of October. All other church meetings and activities continued to be paused.

Page 4 of 19

Christ Church Portsdown - Annual Report & Financial Statement 2021

Additionally a major problem was discovered in the church hall. A repeat of previous problems of dampness was investigated which revealed that the original 1930s floor, which was supporting the late 20[th] century lacquered floor, was crumbling due to wet rot. The main hall was declared unsafe. Further investigation revealed evidence of dry rot. It was decided that the floor needed replacement. As this began historic asbestos was also discovered. During 2021 the following tasks were completed:

As we began 2022, the installation of the top-level engineered floor remained outstanding. The total budget for the project had risen to £55,000. We were grateful to Portsmouth City Council for a grant of £21,000 from the Community Infrastructure Levy and Veolia Environmental Trust for a community grant of £20,000 (net £18,000). Thanks to these grants and the generosity of church members, we have been able to achieve this demanding financial target.

Reduced church attendance due to Covid and the lack of hall rental income have had a considerable impact on the finances of the church and this is reflected in these accounts. The PCC had difficult decisions to make including, for a second consecutive year, holding back some of the Parish Share requested by the Diocese.

During 2021 Revd Andy Wilson remained as Vicar of Christ Church and Priest-in-Charge of St John the Baptist Purbrook. Revd Matt Grove continued as Assistant Curate in both parishes.

During the year Revd Laura Cameron (Associate Minister) moved to St Alban’s West Leigh and Revd Sandy Phillips (Permission to Officate) moved to St Luke’s Southsea. We are grateful for their ministry at Christ Church.

The APCM was held in July. Stephen Anderson and Karina Golledge continued their vital ministry as churchwardens. The three assistant wardens appointed in 2018 continued with their roles, each leading in a particular area of responsibility. Although none holds the legal position of warden, their contribution has been invaluable.

Church Roll and Attendance

At the end of 2021 the Electoral Roll stood at 104 (112 in 2020) with 49 (50 in 2020) living within the parish and 55 (62 in 2020) living outside the parish boundaries.

At the end of the year we estimated our worshipping community (those who attend services at least once per month unless prevented from doing so by circumstances such as illness) to be about 136 (146 in 2020). This figure is probably artificially high as it is unlikely that everyone who attended before lockdown will return.

There were 3 baptisms in 2021, this number being reduced because of Covid (4 in 2020). There was only one wedding, again because of Covid (0 in 2020). There were 7 funerals in church (5 in 2020) and a further 8 funerals taken by the parish clergy at a crematorium (18 in 2020). This latter figure does not include funerals taken by the clergy on behalf of the parish of Purbrook.

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Christ Church Portsdown - Annual Report & Financial Statement 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Clergy

The Revd Andrew Wilson has been Vicar of Christ Church since October 2007. He was co-licensed as Assistant Curate in the parish of Purbrook from September 2013 until January 2019, and then as Priest-incharge. He has also been licensed as Assistant Curate of the parish of Crookhorn since September 2013.

Revd Matthew Grove has been Assistant Curate to the parishes of Portsdown and Purbrook since July 2020.

The Revd Tyrone Hillary has Bishop’s Permission to Officiate in the diocese. He is not a member of the PCC.

The Revd Janette Smith was licensed as Priest-in-charge of Crookhorn and Assistant Curate in the parishes of Portsdown and Purbrook in September 2019.

Churchwardens

Mr Stephen Anderson and Mrs Karina Golledge served as churchwardens throughout 2021. They were supported by three Assistant Wardens, Mr Matthew Doe (with special responsibility for the church buildings), Mrs Sheila Gill (with special responsibility for the Spiritual life of the church) and Mrs Dee Humphris (with special responsibility for services).

PCC Membership

The method of appointment of PCC members is set out in the Church Representation Rules. All churchgoers are encouraged to register on the Church Electoral Roll and stand for election to the PCC as well as assist with other roles and duties within the Church.

Governance follows Christian principles, Canon law, Church Representation Rules and guidelines laid out in the Charities’ Act 2011. This report also conforms to the PCC guide to the Statement of Recommended Practice (SORP) 2005, Charity Commission reporting guidelines and Church Accounting Regulations 2006.

Members of the PCC are either ex officio or elected at the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules. The following served as members of the PCC during 2021.

EX OFFICIO MEMBERS Incumbent: Representative on the Diocesan Synod, Deanery Revd Andrew Wilson (Chair) Synod and PCC: Mr Andy Minchin Associate Minister: Revd Laura Cameron (until August 2021) Representative on the Deanery Synod and PCC: Mrs Tracey Harvey (from July 2021) Assistant Curate: Revd Matthew Grove Church w ardens: Mr Stephen Anderson (Vice-chair) Assistant Curate (Cluster Clergy – non-attending): Mrs Karina Golledge Revd Janette Smith

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Christ Church Portsdown - Annual Report & Financial Statement 2021

ELECTED MEMBERS

Mrs Linda Banks Mrs Tracey Harvey (elected until July 2021, then Mrs Karen Davies (from July 2021) ex-officio) Mr Matthew Doe ( until July 2021) Mrs Dee Humphris Mrs Ismay Doughty (from July 2021) Mrs Pauline Metcalfe (from July 2021) Mrs Joanne Duckett ( until July 2021) Mrs Elizabeth Mitchell from July 2021) Mr David Fowler Mr Graham Olway (from July 2021) Mrs Ruth Fowler (from July 2021) Mrs Judith Scott Mrs Sheila Gill ( elected until July 2021, then co- Mrs Victoria Stephen opted) Mr Roy West

Mrs Sheila Gill ( elected until July 2021, then coopted)

PCC OFFICERS

CO-OPTED MEMBERS

Mrs Sheila Gill (from July 2021)

(attend PCC meetings, but as non-voting members, unless otherwise elected or co-opted) Hon. Secretary: Mrs Victoria Stephen Hon. Treasurer: Mrs Jacqui Wilson

Sub-committees

The PCC operates a number of committees that meet as required and report to the PCC

Standing Committee: has the power to transact business of the PCC, subject to any direction given by the PCC. Chaired by the Vicar.

Building Committee: advises the PCC on matters relating to the maintenance and development of the church buildings and grounds. Chaired by Mr Matthew Doe. Did not meet in 2021. Hall Management: oversees the management of Christ Church Hall and coordinates hall maintenance. Chaired by Mr David Fowler. Did not meet in 2021. Mission Support: advises the PCC on mission donations, liaison, prayer support and relief appeals. Chaired by the Vicar. Did not meet in 2021.

Employees

The PCC employed an administrator for 8 hours/week until 16[th] August. From January to July the administrator was part-furloughed and so the PCC received income from the Coronavirus Job Retention Scheme. The PCC of St John the Baptist Purbrook contributed 25% of the administrator’s net salary. The jobholder resigned for family reasons and the PCC decided to suspend the post due to the financial challenges it faced, but with a hope to reappoint in due course.

A cleaner was employed for four hours/week to clean the church hall and the church building. The cleaner was fully furloughed from January to March as both buildings were closed. With the large church hall closed, more time than previously was allocated to cleaning the church building.

Mission Support

Unfortunately the church’s financial situation meant that we had to significantly reduce the amounts we gave in 2021 whilst not neglecting any organisations we had previously supported. Part way through the year our sister church St John’s Purbrook joined our efforts, increasing the funds available to the missions. Gifts were given at Harvest and Christmas for The Roberts Centre and All Saints Hostel. The church views mission and relief as of vital importance and longs to reflect that more in its giving.

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Christ Church Portsdown - Annual Report & Financial Statement 2021

Communications

Internal communication is principally through the Sunday Notice Sheet produced weekly by the Vicar and distributed via email.

A church magazine edited by Ruth Fowler was published on the church website throughout the year. From August printed copies were once more available and it has incorporated news from St John’s Purbrook. This shared publication is now known as The Portsdown & Purbrook Post.

The church website (www.christchurchportsdown.org) was maintained by Matthew Doe. Volunteers’ time and contributors’ efforts continue to be essential in keeping open the main avenues of external communication and assisting to provide and promote the public face of the Church.

PCC Business Review of the Year

The PCC met 11 times, 6 times via Zoom and 5 times in person. Two of the in-person meetings were shared meetings with the PCC of St John the Baptist Purbook PCC. These shared meetings are considered formal meetings of each individual PCC and, where necessary, items are voted on by only the relevant PCC members. Average attendance was 76% (66% in 2020).

Property Development and Maintenance – Church, Hall and Grounds

The PCC has agreed that the primary aim of the church building should be to provide a ‘sacred space’ where people, be they members of our church or not, can be aided as they seek to encounter the living God. This aim is supported by the secondary aims of being a place where worshippers can enjoy fellowship with one another and where community focussed events can be held. A review carried out in 2010 concluded that the building was not fit for these purposes. It was uncomfortable, cluttered and lacked basic facilities. Therefore improvement was essential for the sake of the continuing proclamation of the Gospel in this parish.

Since 2010 the following improvements have been achieved

Building work in 2021 was dominated by the need to replace the church hall floor. Assistant Warden Matthew Doe, has continued to take the lead on building maintenance.

Normal maintenance requirements for heating systems, electrics, fire and access have all been maintained and the PCC has sought to keep bills to a minimum. A contract for bi-annual cleaning of gutters and gullies was awarded to T Coleborn at the beginning of 2017. This removes the requirement for volunteers to access the church roof, other than via the tower (for changing the flag).

Page 8 of 19

Christ Church Portsdown - Annual Report & Financial Statement 2021

The churchyard is maintained by a faithful team of volunteers (the Rusty Cutters).

Further expenditure on the drive, the church heating and the church hall is anticipated in the short to midterm future.

Risk Management & Health and Safety

Risk Management is a statutory requirement; Health and Safety regulations require all churchgoers, visitors or contractors to reduce and report any risks. Equally any individual working with a group, such as Junior Church or Toddlers has responsibility for the safety of their meeting. Formal risk assessments should be carried out for any new or different activity. Hedley Trembath advises the PCC on Health and Safety requirements. The Church and hall are subject to risk assessment, fire risk assessment, has first aid equipment, accident books, and have regularly serviced fire extinguishers and fire exit signs ensuring compliance with the regulations. In this way the PCC ensures that its duty of care is fulfilled to the best of its abilities.

Child & Vulnerable Adult Safeguarding

The PCC has approved Child and Vulnerable Adult Protection Policies. A copy of the documents is held by the Parish Administrator and is available for inspection. Ismay Doughty was appointed as the PCC representative for safeguarding policies during 2021.

Treasurer’s Report

The most significant impact on the church finances during 2021 was the necessity to close the main hall for the entirety of the year for replacement floor work. This meant the anticipated work on the drive has not commenced and we have again not paid the full Parish Share requested of us. A wonderful response to Gift Day (once again!) from parishioners and two grants secured from Portsmouth City Council and Veolia have enabled us to pay for the hall repair and we are hoping that income from hires will set the church on a more even keel going forward.

Reserves & Investment Policy

Following the building development work carried out in 2016, Christ Church has no long term reserves. There are some restricted funds (monies that have been given to Christ Church either recently or in the past for use for particular purposes) – these are detailed at Appendix 2 on page 17 but held in the general bank account. Ideally a cash reserve of one month’s Parish Share, when available, will be held.

Endowment funds where only the interest is used for specific restricted purposes (Appendices 3 – 5, page 18) are held with the Church of England deposit scheme. Collectively the Church of England reserves are invested through CCLA Investment Management Ltd. CCLA accords to the principles and ethical considerations of the Church of England Ethical Investment Advisory Group. Full details of the investment policy can be found on the Church of England website;

http://www.churchofengland.org/media/1376254/statement%20of%20ethical%20investment%20policy%20no v%202011.pdf

This Annual Report is approved by the PCC on 20[th] April 2022 and signed on its behalf by the Chairman:

Signed__________

Print _Rev A M Wilson___Vicar/Chair of PCC

Page 9 of 19

Christ Church Portsdown - Annual Report & Financial Statement 2021

Statement of Financial Activities for Christ Church Portsdown on an Accrual Basis for the year ending 31 December 2021

Incoming Resources
Voluntary income
Activities generating funds
Income from Investments
Income from Church activities
Other incoming resources
Total Incoming Resources
Resources Expended
Cost of generating voluntary income
Church Activities
Governance Costs
Building Development costs
Total Resources Expended
Net gains(losses) before other recognised
gains(losses)
Year end endowment fund valuation gains
NET MOVEMENT IN FUNDS
Balances brought forward 1 Jan
Balances carried forward 31 Dec		 2021
Unrestricted
Restricted
Endowment
£
£
£
77659
1904
983
1
33
4920
3549
21195		 Totals
2021
2020
£
£
79563
76052
983
175
34
56
4920
9484
24744
1168		 Totals
2021
2020
£
£
79563
76052
983
175
34
56
4920
9484
24744
1168
87111
23100
33		 110244 86935
58
79684
21343
33
378
1407		 58
101060
378
1407		 87420
381
624
80120
22750
33		 102903 88425
6991
350
116		 7341
116		 -1490
62
6991
350
116		 7457 -1428
392775
12074
3892		 408741 410169
399766
12424
4008		 416198 408741

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Christ Church Portsdown - Annual Report & Financial Statement 2021

Balance Sheet at 31 December 2021

Fixed Assets
Tangible (Hall site)
Investment (rent on Scout HQ)
Depreciating Assets (equipment)
Total Fixed Assets
Tangible Assets
Stock (Stationery & sales stock est.)
Debtors
Cash at bank and in hand
Investments
Total Current Assets
Liabilities
Creditors: due in 1 year
Total Liabilities
Current assets less current liabilities
Total Assets
Church Funds
Fixed Assets
Short term deposits less liabilities
Endowment
Total Church Funds		 2021
Unrestricted Restricted Endowment
£
£
£
360000
25		 Totals
2021
2020
£
£
360000
360000
25
25		 Totals
2021
2020
£
£
360000
360000
25
25
360025
 360025 360025
200
3755
108
38196
13406
4008		 200
3863
51602
4008		 200
731
51151
3892
42151
13514
4008		 59673 55974
-2410
-1090		 -3500 -7258
-2410
-1090		 -3500 -7258
39741
12424
4008		 56173 48716
399766
12424
4008		 416198 408741
360025
39741
12424
4008		 360025
52165
4008		 360025
44824
3892
399766
12424
4008		 416198 408741

Approved by the Parochial Church Council on 20[th] April 2022 and signed on its behalf by:

Signed ______ Print Rev A M Wilson Vicar/Chair of PCC Signed ______ Print __Mrs J R Wilson____ Honorary Treasurer

The notes on pages 12 to 19 form part of this account

Page 11 of 19

Christ Church Portsdown - Annual Report & Financial Statement 2021

Notes to the Financial Statement

Accounting Policies

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the SORP 2005 and Charity Commission requirements. The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, that are shown at market value on 31 December.

Funds

Endowment funds are funds, the capital of which is maintained, giving income arising from investment of the endowment. This is used as funding for the purpose for which the endowment was established. Christ Church has the following Endowment Funds:

Restricted funds represent:

Designated funds are funds that have come to the church unrestricted but that the PCC have decided to allocate to a particular use. This decision can be overturned by the PCC should the need arise.

Unrestricted funds are general funds that can be used by the PCC for ordinary purposes.

Incoming resources:

Dividends are accounted for when receivable. All other income is recognised when received. Cheques should be made payable to Christ Church Portsdown.

Resources expended:

Payments and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. All other expenditure is recognised when it is incurred, invoiced or is accounted for. Some specific events may be accounted for as net transactions (often fetes & fayres) when volunteers deduct costs from the income of the event.

Investments

These are valued at market value at 31 Dec 2021 or an accrual adjustment made to 31 December annually.

Page 12 of 19

Christ Church Portsdown - Annual Report & Financial Statement 2021

Debtors

The debtors figure of £3863 is comprised of: £1640 HMRC for the tax reclaim on Gift Aided donations made in the fourth quarter of 2021. £51 hall rental from 2021 usage received in 2022. £4 hall donation from 2021 usage received in 2022.

£124 of fees for a burial of ashes in 2021 received in 2022.

£42 of fees collected on behalf of the Diocese. £2 PAYE and wages refund due. £2000 cost of applying for Veolia grant paid in 2021 but grant received and spent in 2022.

Creditors

The creditors figure of £3500 is comprised of: £300 Independent Examiner’s fee.

£300 of wedding deposits received for weddings in future years (returnable by law) £498 of wedding fees received in 2021 for 2022 wedding £137 of hall rental received in 2021 but relating to events in 2022. £538 of hall & church utility bills relating to usage in 2021 but paid in 2022. £79 of clergy expenses for December paid in 2022. £1090 of fees collected on behalf of the Diocese to be paid over. £558 of architect fees for work done in 2021 towards hall floor, paid in 2022.

Fixed assets

Consecrated and benefice property is not required to be included in the accounts by S.96(2)(a) of the Charities Act 1993. The PCC are the owners of Christ Church Hall and the surrounding land, the hall site valuation was carried out in late 2005 as part of the Parish Centre Project. Payment of a £25 annual peppercorn rent has been agreed in a lease with the Portsdown Scout and Guide Association. Any item which cost more than £1,000 is depreciated on a straight line basis over 4 years.

Flower Arrangers sub account

Detailed transactions are recorded by the account holder in their own petty cash/records book and the overall income and expenditure is brought into the church account. The petty cash book is examined by the honorary treasurer and independent examiner and have been accepted as fair and reasonable records.

Wages and Honorariums

An analysis of payments to employees, all part time, are shown in Appendix 1. Together these employees equate to less than one full time equivalent employee (FTE). The Parish Administrator and Hall Cleaner are paid for their services but no payments were large enough to attract national insurance liability on their own. In line with HMRC regulations for Real Time reporting of salary payments, Christ Church is registered as an employer, any tax liability is paid to HMRC quarterly, and all payments to employees are reported monthly. Organists that play at Christ Church are selfemployed and therefore not Christ Church employees. Voluntary additional payments for the services of a Verger at weddings and funerals were all donated toward Church Funds.

Declaration of payments

The following serving members of the PCC have received funds from the PCC during the financial year 2020:

Mission Payments

An analysis of External Mission payments is shown on page 19. Certain collections such as Christian Aid are nonaccount transactions and do not pass through the Church Account.

Page 13 of 19

Christ Church Portsdown - Annual Report & Financial Statement 2021

Incoming Resources


Voluntary income from donors
Bequests
Planned giving – envelopes
Standing orders
Parish Giving Scheme
Loose Collection
Gift Day
Tax reclaimed from HMRC
Mission Giving
Hall & Church Yard Donations
Flower Income
Other Donations
Total Voluntary income
Activities generating funds
Fund raising events
Tea and Coffee Income
Sales and printing
Total Activities generating funds
Income from Investments
Bank Interest and share profit
Income from Trusts
Total Income from Investments
Income from Church activities
Portsdown Post
Fees
Church Hall Rental Income
Church Rental income
Rent Scout & Guide HQ
Total Income from operating
activities
Other Incoming resources
Grants
Sale of old hall floorboards
Total Other Income
Total Receipts		 2021
Unrestricted
Restricted
Endowmt
£
£
£
550
2660
7540
1050
27424
1755
20100
13850
316
20
4
10
305
3776
203		 2021
Unrestricted
Restricted
Endowmt
£
£
£
550
2660
7540
1050
27424
1755
20100
13850
316
20
4
10
305
3776
203		 Totals
2021
2020
£
£
550
5000
2660
2745
8590
8565
27424
27470
1755
2578
20100
13725
14166
12342
20
300
14
529
305
257
3979
2541		 Totals
2021
2020
£
£
550
5000
2660
2745
8590
8565
27424
27470
1755
2578
20100
13725
14166
12342
20
300
14
529
305
257
3979
2541
77659
1904		 79563 76052
909
36
38		 909
36
38		 20
155
-
983 983 175
1
33		 1
33		 10
46
1
33		 34 56
37
3093
1173
592
25		 37
539
3093
2014
1173
6906
592
25
25
4920 4920 9484
2049
1500		 21195 23244
1168
1500
3549 21195 24744 1168
87111
23100
33		 110244 86935

Page 14 of 19

Christ Church Portsdown - Annual Report & Financial Statement 2021

Resources Expended

esources Expended

Cost of generating voluntary
income
Fund Raising events
Total Cost of generating inc.
Church Activities
Church & Mission
Church running costs
Church and grounds repairs
Church Yard
Church Hall running costs
Church Hall repairs
Vicarage
Clergy & treasurer expenses
Wages
Mission-External
Mission-Parish
Administration & Support
Parish Share
Service & Junior church support
Church Office & Publishing
Computer & web domain costs
Sundries
Tea and coffee expenses
Flower Costs
Total Church Activities
Governance Costs
PCC and Deanery expenses
Independent Examiners Fees
Total Governance Costs
Building fund expenditure
Drive project
Toilets and porch project
Total Building fund expend.
Total Resources Expended		 2021
Unrestricted
£
Restricted
£
Endowment
£
58		 Totals
2021
£
2020
£
58
-
58 58 -
6642
82
30
3421
14192
21000
385
849
3906
2100
20
123
3
46424
589
474
324
150
105
241		 6642
112
3421
35192
385
849
3906
2120
126
46424
589
474
324
150
105
241		 8968
9084
1111
6902
1089
412
794
5330
5700
73
44866
1059
1337
353
58
84
200
79684
21343
33		 101060 87420
78
300		 78
300		 121
260
378 378 381
1407 1407 624
1407 1407 624
80120
22750
33		 102903 88425

Page 15 of 19

Christ Church Portsdown - Annual Report & Financial Statement 2021

Assets and Liabilities

Assets and Liabilities
Fixed Assets
Tangible Assets
Church hall
Peppercorn Rent Scout & Guide
Tangible Assets at 31
December
Investment Assets
Endowment Trusts
Market value 1 Jan
Revaluation Gain/(Losses)
Investment Assets at 31
December		 2021
Unrestricted
Restricted
Endowment
£
£
£
360000
25		 Totals
2021
2020
£
£
360000
25
360025 360025
3892
116		 3892
116		 3830
62
4008 4008 3892
Current Assets
Stock 200
3755
108
180
285
17016
1985
1837
21000
9299		 200
3863
180
285
19001
1837
30299		 200
731
180
221
28269
8892
13589
Debtors
Cash at Bank and in hand
General Cash account
Flower Arrangers cash
Current Account
Building Fund account
Building Reserve account
Current Assets at 31
December		 42151
13514		 55665 52082
-2410
-1090		 -3500 -7258
Liabilities
Creditors: falling due in 1 year
Current Liabilities at 31
December		 -2410
-1090		 -3500 -7258

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Christ Church Portsdown - Annual Report & Financial Statement 2021

Funds

Analysis of Fixed Assets
Tangible Fixed Assets
Total of Tangible Assets
Analysis of Net Assets (by
funds)
Endowment Assets
Current Assets
Liabilities
Total of Net Assets
Totals		 2021
Unrestricted
Restricted
Endowment
£
£
£
360025		 Totals
2021
2020
£
£
360025
360025		 Totals
2021
2020
£
£
360025
360025
360025 360025 360025
4008
42151
13514
-2410
-1090		 4008
55665
-3500		 3892
52082
-7258
39741
12424
4008		 56173 48716
399766
12424
4008		 416198 408741

Appendices

Appendix 1 - Analysis of Wages and Honorariums

Church Hall Cleaner
Organist (Playing Rota)
Parish Administrator
Verger
Totals*		 Gross paid
£
1893
40
1973
-		 Totals
2021
JRS rec’d
Total paid
£
£
361
1532
40
1235
738
-		 Totals
2021
JRS rec’d
Total paid
£
£
361
1532
40
1235
738
-		 2020
£
1535
120
2702
-
3906 1596 2310 4357

*Parish Administrator also paid £285 by St John’s Church, Purbrook

Appendix 2 - Apportionment Restricted Funds

Restricted Funds
Lectern
Flower Account
Upkeep of churchyard
Building Development Fund
Total		 Movements in the year Movements in the year Totals at year end
2021
2020
£
£
813
813
285
221
125
0
11201
11040		 Totals at year end
2021
2020
£
£
813
813
285
221
125
0
11201
11040
Income
£
-
305
207
1568		 Expenditure
£
-
241
82
1407
2080 1730 12424 12074

Page 17 of 19

Christ Church Portsdown - Annual Report & Financial Statement 2021

Appendix 3 - Fielding Endowment Trust Fund

Fund value 31 December
Share Value on 31 Dec - 99 Shares
2021 Transactions
Interest receipts
Maintenance of Fielding grave/graveyard
Fund Share Holding & value 31
December		 2021
Share
Value
Receipts
Expend
£
£
£
156
4
-4		 Totals
2021
2020
£
£
156
167
4
5
-4
-5		 Totals
2021
2020
£
£
156
167
4
5
-4
-5
156
4
-4		 156 167

Appendix 4 - Benn Endowment Trust Fund

Fund value 31 December
Share Value on 31 Dec – 43 Shares
2021 Transactions
Interest receipts
Maintenance of Benn grave/graveyard
Fund Share Holding & value 31
December		 2021
Share
Holding
Receipts
Expend
£
£
£
1006
26
-26		 Totals
2021
2020
£
£
1006
879
26
25
-26
-25		 Totals
2021
2020
£
£
1006
879
26
25
-26
-25
1006
26
-26		 1006 879

Appendix 5 - Hawken Endowment Trust CBF Deposit Fund

Fund value 31st December
Interest receipts
Expenditure on education
Total Holding at 31 December fixed
at £2846
Fund Value & Interest to c/a 31
December		 2021
Deposit
Fund
Interest
Expend
£
£
£
2846
3
-3		 Totals
2021
2020
£
£
2846
2846
16
-16		 Totals
2021
2020
£
£
2846
2846
16
-16
2846
3
-3		 2846 2846

Page 18 of 19

Christ Church Mission Payments 2021

Mission
Portsmouth School Pastors
Church Mission Society
Tearfund
MAF
Christian Aid
Alabare
Mission to Seafarers
Bible Society
Church Army
Care for the Family
Simeon's Trustees
Children's Society
Bev Richardson
Hants Historic Churches
National Churches Trust
Totals		 Month
January
February
March
April
May
June
July
August
September
October
November
December		 PCC Grant
£150.00
£150.00
£150.00
£150.00
£150.00
£150.00
£150.00
£150.00
£150.00
£150.00
£150.00
£150.00
£200.00
£50.00
£50.00
£2,100.00		 Rest'ed funds
collected
£5.00
£15.00
£20.00		 Paid out
Date paid
Chq
No.
£150.00
02/03/2021
BACS
£150.00
02/03/2021
BACS
£150.00
07/04/2021
BACS
£150.00
13/05/2021
BACS
£150.00
16/05/2021
3551
£150.00
02/07/2021
BACS
£150.00
01/10/2021
3552
£155.00
01/10/2021
BACS
£150.00
01/10/2021
3553
£150.00
10/11/2021
BACS
£150.00
03/12/2021
BACS
£165.00
29/12/2021
BACS
£200.00
02/03/2021
BACS
£50.00
25/11/2021
S/O
£50.00
25/11/2021
S/O
£2,120.00

Monetary gifts that did not go through the Church Accounts:

Christian Aid May (cake sale £160.71, envelopes £441) £601.71 Hants & Island Historic Churches November Ride & Stride £92.50 Children's Society December Christingle collection £119.09 Total £813.30 Grand total £2933.30

We also support Traidcraft through church stall, plus gifts of food, clothes, toys etc to:

The Robert's Centre, All Saints Hostel, Stop Domestic Abuse, Portsmouth Family Welfare, Southampton Seafarer's Centre, Waterlooville food bank

Page 19 of 19