## **Trustees’ Annual Report for the period** **From 01/01/21 Period start date To 31/12/21 Period end date** **Charity name: The Yare Valley Churches** ## **Charity registration number: 1138951** ## **Objectives and Activities** |||| |---|---|---| ||SORP reference|| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|Parochial Church Council powers measure
(1956) and Church representation rules
Norwich Dioceseregulated.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|All our activities are open to the public & are
designed to enhance the lives of those
loving within the community| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public benefit|Para 1.18|**Yes**| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |

Policy on grant making

|

Para 1.38|**N/A**| |

Policy on social investment
including program related
investment
|

Para 1.38|**N/A**| |

Contribution made by
volunteers

|

Para 1.38|**Other than the chair who is paid**
**incumbent all other trustees are**
**volunteers**| Other ## **Achievements and Performance** |||| |---|---|---| ||SORP reference|| |


Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|




Para 1.20|**Our main objectives and achievements**
**are to**
**Grow disciples**
**Grow leaders**
**Grow new congregations**
**Grow connections within the community**
**Has Dementia Friendly Church**
**Community Status**
**Part of Anna Chaplaincy network**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |

Achievements against
objectives set

|


Para 1.41


|| |---|---|---| |

Performance of fundraising
activities against objectives
set

|



Para 1.41|| |

Investment
performance
against objectives

|


Para 1.41|| |
Other

||| ## **Financial Review** |**Financial Review**||| |---|---|---| |||| |Review of the charity’s
financial position at the end
ofthe period|Para 1.21|| |Statement explaining the
policy for holding reserves
statingwhytheyare held|Para 1.22|| |Amount of reserves held|Para 1.22|| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| ## **Additional information (optional)** You may choose to include further statements where relevant about: |

The charity’s principal
sources of funds (including
any fundraising)
|



Para 1.47|| |---|---|---| |

Investment policy and
objectives including any
social investment policy
adopted
|



Para 1.46|| |

A description of the principal
risks facing the charity

|


Para 1.46|| |
Other

||| ## **Structure, Governance and Management** |||| |---|---|---| |Description of charity’s trusts:||| |Type of governing document
(trust deed, royal charter)|Para 1.25
|**Parochial Church Council powers**
**measure (1956) as amended and Church**
**representation rules Norwich Diocese**
**regulated**| |How is the charity
constituted?(e.g
unincorporated
association,CIO)|Para 1.25|**Committee of volunteers chaired by Yare**
**Valley Churches incumbent**| |---|---|---| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled to
appoint one or more trustees|Para 1.25|**By nomination and seconding at APCM**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |

Policies and procedures
adopted for the induction and
training of trustees
|



Para 1.51|| |---|---|---| |

The charity’s organisational
structure and any wider
network with which the
charity works

|



Para 1.51|| |

Relationship with any related
parties

|


Para 1.51|| |
Other

||| ## **Reference and Administrative details** ||| |---|---| |Charityname|The Yare ValleyChurches| |Other name the charityuses|| |Registered charitynumber|113895| |Charity’s principal address|The Rectory
73 The Street
Brundall
Norfolk NR13 5EB| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any) **| |---|---|---|---|---| ||Reverend Peiter
Leech|Incumbent & Chair||Yare Valley Churches PCC| ||Gaye Hailstone|PCC Secretary|1.01.20 – 1.04.21|| ||Patrick Beales|Church Warden &
Lay Chair||| ||Tom Morgan|Fabric Officer|01.01.20 – 1.04.21|| ||Elisabeth Morgan|Church Warden &
Synod Rep||| ||Victoria Gaskin|Church Warden||| ||Gillian Groat|Finance Officer||| ||Keith Gerrard|Lay Reader/Synod
Rep||| ||Gaye Hailstone||1.04.21 – 31.12.21|| ||Douglas Bain|Synod Rep||| ||Diana Buck|||| ||Su Allport|Synod Rep||| ||Chantell Smith-
Minns|PCC Secretary|1.04.20 – 31.12.21|| |||||| |||||| |||||| |||||| |||||| ||

|||| |||||| Corporate trustees – names of the directors at the date the report was approved **Director name** ## Name of trustees holding title to property belonging to the charity |||| |---|---|---| |**Trustee name**|**Dates acted if not for whole year**|| |||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** |Description of the assets held
in this capacity
|| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects
|| |Details of arrangements for
safe custody and segregation
of such assets
from the charity’s own assets

|| ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** G Hailstone **Full name(s)** Gaye Hailstone **Position (eg Secretary,** Trustee & acting PCC Secretary **Chair, etc)** **Date** 12/07/22 The Yare Valley Churches Financial Activibes January- Decamber 2021 TOTAL JAN- DEC 2021 JAN- DEC 2020 IPY) Inwme 101 Gen8rat Fund IRwiOs} Donations and lega￿e5 General GMr4J Interest Receivable Miscellaneous and FurKtraisiry Income Cther Primary In￿me PCC Feès R8¢ TotsE 101 Genar￿ FuThJ IRwtpts) 102 Buildings & Churchyard (IN Receipts) IN-01 Churchyard In￿Me IN.16 St Lauren¢e Centre 10.505.39 44.546.69 41.55 7,747.56 45.530.16 149.26 100.00 16.251.48 5,833.00 75,611.46 172.67 11.￿).01 S,gJ3.00 7229931 380.00 Room Hire 715.00 n5.1)0 727.00 T27.00 Total IN.16 & LaurorKe Contr• Tcrtal ILY2 BulkIr￿S & Churthyard {IN Recg¢ts) 103 Mission IOUT Receiplsl OUT-1 Forget me Not Cafe income OUT-10 Publiryty Income OUT-11 Prornotional items income 1255.00 1.107.00 533.00 231.38 120.00 155.65 OUT-12 Mission irKome OUT-17 Holiday club income OUT-2 Youth Cafe OUT4 Communty Cafe OUT-6 Sports Ministy IkKomè OUT-9 Toddler cafe Totsi 103 Mtssion (c￿ Re(*iO3) 104 Parish & Panneyships IOF Receipts) OF-S PCC Expenses IReceiptsl OF-7 Yare Valleys vol￿ i￿Orne Total 104 Parish & Parth0￿ (OF R￿1￿> 105 Worship Iup Receipts) UP-2 Growkh groups ir￿rne UP-8 Flower Team in¢ome Totsl 105 Worsh¥> (UP R•) 106 Restricted Fund IReceiptsl All Saints Fund (POth￿k) IN-17 Reordering Music Fund rwipts OF-9 Intems receipts OUT-14 Summer in Brundall 383.00 673.89 1.229.46 8.035.37 1,666.41 590.75 7257 940.82 4,302.34 174.49 5,99725 1&111A8 476.11 1,895.78 1.619.99 3.515.77 476.11 58.00 90.00 148.(KJ g).rA) 575.00 804.35 4.743.83 9.61 19,188.00 413.51 113 The Yare Valley Churches Finanaa Activtlies January- DecemtrH 2021 TOTAL JAN- DEC 2021 JAN - DEC 2020 IPY) 140.00 6.11120 ty2.4￿.78 £Y2,WJ.78 OUT-3 Wheelchair Accessible Vehide Totsl Restr1￿ Fund {R*> Total Inco 73.Tr] 2D.&4234 07.864.64 TOTAL 07.864.64 Expenditures 202 Buildings & Ghufchyard (IN Payments) IN I Churchyard maintangnc£ IN 10 Rectorfs expenses IN 11 MinisteriJ Expenses IN 13 Stationary and offi￿ supplies IN 14 Pholocopyin￿printing IN 15 General Training IN 16 St Lauren￿ Centre expenditure IN 2 Insurances IN 3 Cleaning IN 4 Water IN 5 Electriryty IN60il IN 7 Maintanence plans IN 8 Inspecfions IN 9 Training and support Payroll Expenses IN 19Wages Total Payroll Exr¢ns6s 202 BuHthngs & Chwdry* IIN Pwrrt> 203 Mission (OUT Payments) OUT 1 Forget mè not cafè (Expernws) OUT 10 Publtcity OUT 11 Promotional iterns OUT 12 Mission OUT 13 Marriage preparab.on OUT 16 Schools wo OUT 17 Holiday dub OUT 2 My Place OUT 4 Communty Cafe IExpensesl OUT 5 Resource Manag OUT 6 Sports Ministy Expen OUT 9 ToddleT cafe expenses Total 2Wd Mwion (DUT Payinents) 204 Parish & PartneTships IOF Paymerrts) OF 1 Benefice requèst OF 4 Catering OF 5 PCC expenses OF 6 iKnow datsbase 2.553.53 396.14 145.45 1,68S.00 282.50 126.23 491.19 971.41 708.35 137.40 1.781.89 4.946.05 806.43 77120 4.917.07 998.49 208.89 27.07 2.856h5 606.16 810.00 1,122.00 309.00 3.487.48 279.30 4.344.48 566.00 6,426.00 6.426.1M) 5,430.00 5,430. 23025.46 25J68.11 20.80 695.29 273.11 383.00 27.10 19.49 753.44 273.11 500.00 11.50 71.59 163.08 t,443.90 4,905 26 516.37 1,407.10 1,969.85 874.01 13.86 168.60 8M09.97 62&).48 46.295.49 55.784.65 37.98 3.067.63 800.00 1.765.68 213 The Yare Valley Churches Financial Aclivities January - De￿mber 2021 TOTAL JAN- DEC JAN- DEC 2020 IPY) 2.780.00 301.48 62.771.74 OF 7 Yare ValleYs Voi¢ OF 8 Website Total 204 P8rbh & Partr￿h*￿ (OF Payn*l 205 Worship IUP Payments} UP 1 SeNice expenses UP 10 CCLI licènces UP 2 Grovrth groups UP 3 Residential oare horne worship UP 5 Baptism preparation UP 7 EX￿orIng cours&8 UP 8 Flower Team UP 9 Musicjchoir Totd 205 W￿$￿P (UP Paynrt8) 206 Restricted Fund (Payments) Saint's Fund IPothick) Frsends of Brundall church Idosed fvrKJ} IN17 Reordering Expenditure Nomian Richardson Igrave fl(rwefs} FurKI OF 9 Interns expenses OUT 14 Summer in Brundall OUT 3 Whedchair Aecessibtè Vehi¢le St Michael & All Angels Fund IBraydestonl 206 Restric￿1 Fund {Paymgnbl Total EXpond￿re3 NE[ OPERATING INCOME 128.50 48.189.67 1,076.32 852.31 123.87 1.451.30 633.88 282.13 17.10 18.90 131.46 140.72 46.99 96.53 116.61 350.42 110.00 2.871.72 2.863.44 492.00 95.52 6,149.50 2,988.00 115.00 13.475.23 354.5C* 1,119.53 1,758.63 722.1)0 19550.86 7,759.05 £107.07231 £1￿.696.19 £7.166.45 £-14,S81 £-14.581.53 NET INCOMEIIEXPENOITUREI £7.166.45 313 The Yare Valley Churches Balan￿ Sheet As of December 31. 2021 TOTAL AS OF DEC 31. 2021 ASOF DEC31, 2020 IPY) Fixed Asset Total Flxad A%s6t Cash at bank and 4n han Santander Currenl139611 Thè CBF Church of Engiqnd Depo￿ Fund 23,511.61 79,824.00 £103335ts1 21(K3J35ffj1 17,300.77 79,782.45 £97.083.22 NET CURRENT ASSErs £97.0&3.22 Creditors.. amounts falling due wtthin one year Current Liabilities Fees due to NO￿lch Diocese Payroll Clearing Payrdl Liabilities HMRC Total Payroll Lkatilrt Sports Ministry Grant Excess 189.00 0.00 660.00 0.00 253.49 0.00 £189.00 189.57 £1.103.06 Totsl Cr9ditor8: laliry *iilkn orn y NET CURRENT ASSETS ILIABILITIESI TOTAL ASSETS LESS CURRENT LIABILITIES £189.00 £1,103. £95.980.16 £1rx4.146.61 £103.148.61 £103.146.61 £95.980.16 TOTAL NEf ASSETS ILIABILITIESI £95,980.16 Charity funds General Fund Restricted Funds All Saints Fund (Postwckl Church Rtrordering Intems Juliet 81oor Legacy Fund Nomian Richardson (grave fl¢y•Yersl St Michael & All Angels Fund (Braydestonl Sumrner in BTundall Wheelchair Accessibte VehKle Youth Mission support Vidyal project) 30.T29.&3 24.644.66 20.r39.12 22.799.74 5.712.77 8.335.22 20,656.12 24,991.40 8,335.22 1.060.00 2,239.00 1,925.13 10.131.53 1,997.10 71335 14,581.53 -14,581.53 £95,980.18 1.517.TrJ 1.925.13 8.445.90 1.997.10 T2.416￿8 -7.166.45 7,166.45 £1¢>3.146.61 Retained Earnings SurplusllDeficf(I Totsl Ctwity furm Yare Valley Churches Notes to the accounts 2021 Financial Activtties- overview p.3 Net Income is £7166.45. This is split between the General Fund £6084.97 and the Restricted Funds £1081.48. The separate sheet YVC funds movement 2021° gives the details in table fomi. Financial Activrties- General Fund p.1 Other Primary Income is Gift Aid recovered on donations re￿iVed in 2020, together with £439.18 income from investments. IN 1 Churchyard income consists of grants from Postwick & Brundall Parish Councils. p.2 Payroll Expenses are for our ParÉsh Administrator and are net of furlough re￿iptS of £1344. Our Sports Minister is also on the payroll. His employment costs of 21332.64 were met in full by grants from Norwich DI0￿Se in 2021. OF 1 Benefi￿ Request. The fijll request for 2021 VRS £65629. This was redU￿d by the allowan￿ received from the DI0￿Se for the Rectorfs time working for them on secondment to the CPR Scheme during 2020 and 2021. The allowan￿ r￿1Ved was £6201.31 for 2020 and £13132.20 for 2021, both received in 2021. Financial Activittes - Restricted Funds p.1 & p.3 OF 9 Intems is a new Restricted Fund. Income consists of donations from church members and grant funding. Expenses are for housing costs and monthly living allowan￿$ for our intems. Balan￿ Sheet- Restrtcted Funds p.4 Summer in Brundall. These activities have come to an end for the time being at least and it is intended to use these monies to support the work of the Anna Chaplaincy in the parish. 31115511 11 THE CHURCH OF ENGLAND Diocese of Norwich Independent Examiners Certificate . Report to the tyusteesl members of: ffl4C Yp(L¥ On aC￿)unts for the yeaf ended: Charity no (If any): I report to the twslees on my examination of the a(Lounts of the above charity I'the Trusf) for the yeaf ended 311 li I tèll R8sponsibilitles and basis ol TPPOrt As the charity's trustees. you are responsible for the preparation of the a(tounts in accordance with the requirements of the Charities Act 20111.the ACVI. I report in respect of my examination of the Trusvs acwunts carried out under section 14$ of the 2011 Act and in carying oul my examination, I have followed all the applicable Directions given by the Charity Commission under secknon 145151{bl of the ACL Independent examintrrfs statem•nt 11. Delete [] rfnot applicable. I have Gompleted my examinalion. I confinn that no material matters have come to my attention in connection with the examination (other than that disclosed below J which gFves me (xuse to believe that in. any material respect . the accounting records were not kept in accordance wilh sectson 130 ofthe Charities Act,. or • the accounts dKJ not accord with the accounting records; or . the accounts did not comply wtth the applicabte requirements cx)n<*ming the forni and content of accounts sel out in the Charities (Accounts and Reports) Retsulats"ons 2008 other than any requirement that the accotjnts give a 'true and fairf view which is not a matter considered as part of an independent examination. .1 have no concems and have come across no other matters in conne¢tion with the examination to which attention should be drawn in this ￿port in order to enable a proper ursderstanding of the accounts to be reached. ° Please delete the words in the brackets if they do not apply. Signed= Date". Name.. IER Oct 2018 Relevant professional qualificationls) or body (rf any} Addre5S: QP4tr•b•bJ C