Treasurer’s Report
The gradual easing of covid restrictions during 2021 meant that income from collections and fees increased. Stewardship giving was not badly affected by the pandemic but has decreased in the last couple of years, mainly due to donors moving away. This is worrying because regular giving is the foundation on which the PCC bases forward planning.
The Parish Standard Cost (Common Fund) for 2022 remains unchanged at £82,500 but clergy costs have been increased by 1.5% to £56,550 and training & support reduced to keep total costs the same. It should be explained that this figure is not the Rector’s salary. Clergy costs include salaries, pensions and housing costs averaged out across the parishes in the Diocese.
The PCC fixed our Common Fund offer for 2022 at £55,000 with the hope of being able to increase it next year to at least cover our share of clergy costs. This is seen as a minimum aspiration as the PCC is mindful of our responsibility to the wider church whilst not neglecting mission at St. Nicholas.
A card reader and QR codes for donations were set up in church at the end of 2021 and have proved quite successful, particularly at weddings and baptisms.
As always, thanks go to the finance team – Fiona, Hilary, Joan and Nicky who count and bank collections and Hilary and Jeremy for keeping stewardship records and dealing with the Gift Aid claim.
Thank you to everyone who supported our church financially in 2021. We appreciate that the current economic situation is very challenging but if you are in a position to review your giving, please consider doing so.
Kathy Hodge PCC Treasurer
May 2022
(Please note – signed original accounts are held on Parish File)
St. Nicholas Church Shepperton
(Registered Charity
Financial Statements for the Year Ended 31 December 2021
Receipts and Payments Account
| 2020 2020 2020 General Restricted Designated £ £ £ 50,351 - - 859 - - 3,004 505 60 14,621 - - 1,000 - - 800 65 207 689 - - 6,365 - - - - - - - 500 - - 292 77,689 570 1,059 73,000 - - - - 5,694 1,060 - - 1,677 - - 2,197 186 - 115 - - 8,164 - - 783 - - 4,860 - - 20 - - 180 16,200 - 500 - - - 5,986 3,625 - - 684 92,556 22,372 10,003 -14,867 -21,802 -8,944 1022 483 |
2021 General Receipts £ Stewardship 46,037 Collections 2,741 Donations 5,597 Tax Recovered 10,641 Legacies received 2,000 Interest, income from property 400 Fees 2,924 Income from trading and advertising 7,550 Flowers 20 Other incoming resources - Sequestration account - (Shepperton News and sale of engraved plaques) |
|---|---|
| TOTAL 77,910 |
|
| Payments Diocesan Fund 50,000 Salaries 0 Organists' Fees 910 Clergy and Rectory expenses 198 Ministry 2,154 Flowers 0 Church running expenses 9,841 Church utility bills 765 Cost of trading and advertising 3,960 Cost of fundraising 110 Outward giving 180 Transfer to Rectory Maintenance fund 500 Repairs, Alterations and Maintenance 105 Sequestration account - (Shepperton News and sale of engraved plaques) |
|
| TOTAL 68,723 |
|
| Excess of Receipts over payments 9,187 |
|
| Net revenue from Shepperton News 3184 Net revenue from sale of plaques 406 |
Outward Giving for the year ended 31 December 2021
General Fund
Plan International - advances children's rights around the world
180.00
Restricted Funds
ALMA - Milange school
1,450.00
Special Collections
| Bishop' Discretionary Fund | 522.00 |
|---|---|
| Afghans in Spelthorne | 102.00 |
y No. 1138021)
| 2021 | 2021 |
|---|---|
| Restricted | Designated |
| £ | £ |
| - | - |
| - | - |
| 4,255 | - |
| - | - |
| - | - |
| 2 | 5 |
| - | - |
| - | - |
| - | - |
| 257 | 500 |
| - | 1,070 |
| 4,514 | 1,575 |
| - | - |
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| 1,450 | - |
| - | - |
| 1,684 | 2,100 |
| - | 760 |
| 3,134 | 2,860 |
| 1380 | -1285 |
St. Nicholas Church Shepperton Statement of Assets and Liabilities as at 31 December 2021
(Registered Charity Number 11380
| Cash Funds Barclays Current Account Barclays Saver Account (1) Barclays Saver Account (2) Petty Cash Total Funds Represented by: General Fund Opening balance Excess of Receipts over Payments Closing balance Restricted Funds Opening Balance Excess of Receipts over Payments Closing balance Designated Funds Opening balance Excess of Payments over Receipts Closing balance TOTAL FUNDS |
£ 0 9,187 |
£ 9,221 11,439 59,489 29 |
|---|---|---|
| 80,178 | ||
| £ 9,187 18,913 52,078 |
||
| 17,533 1,380 |
||
| 53,363 -1,285 |
||
| 80,178 |
There were no significant liabilities at the year end.
Rev. Carole George John Child Rector Churchwarden
Kathy Hodge PCC Treasurer
D211
St. Nicholas Church Shepperton
(Registered Charity Nu
Summary of Restricted/Designated Funds for the Year Ended 31 December 2021
| ALMA Balance at 1st January 2021 Receipts Payments Balance at 31 December 2021 Churchyard Balance at 1st January 2021 Payments Interest Balance at 31 December 2021 Fabric Balance at 1st January 2021 Receipts Payments Balance at 31 December 2021 Organ and Music Balance at 1st January 2021 Receipts Payments Interest Balance at 31 December 2021 Restoration Balance at 1st January 2021 Receipts Interest Balance at 31 December 2021 Bereavement Café Balance at 1st January 2021 Receipts Balance at 31 December 2021 Special Collections December collection for Bronzefeld Prison paid out in 2022 Designated-Maintain Rectory Balance at 1st January 2021 Receipts Payments Balance at 31 December 2021 Designated-Mission & Ministry Balance at 1st January 2021 Interest Balance at 31 December 2021 |
£ 0 3,090 -1,450 |
|---|---|
| 1,640 | |
| 2,147 -100 1 |
|
| 2,048 | |
| 2,294 420 -1,584 |
|
| 1,130 | |
| 7,031 499 -300 1 |
|
| 7,231 | |
| 6,061 145 1 |
|
| 6,207 | |
| 0 600 |
|
| 600 | |
| 57 | |
| 3,024 500 -2,100 |
|
| 1,424 | |
| 50,731 5 |
|
| 50,736 |
Sequestration Accou Interregnum costs to b Statutory fees due to D Balance due from Di 31 December 2021
Total Restricted Fun Total Designated Fun Less: Balance of Sequestr due from Diocese
mber 1138021)
£
| £ | |
|---|---|
| unt be claimed Diocese iocese ds nds ration A/C |
-1,166 1,084 |
| -82 | |
| 18,913 52,160 -82 |
|
| 70,991 |
Independent examiner’s report to the trustees of St Nicholas Church, Shepperton
I report to the trustees on my examination of the accounts of the St Nicholas Church, Shepperton for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity trustees of the St Nicholas Church, Shepperton you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the St Nicholas Church, Shepperton accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the St Nicholas Church, Shepperton as required by section 130 of the Act; or
-
the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed:
Name: Heather Powell
Relevant professional qualification or membership of professional bodies : Fellow of the Institute of Chartered Accountants in England and Wales
Address: Avon Lodge, Station Approach, Shepperton
Date: