# **THE BENEFICE OF ST DUNSTAN, ST PETER AND ST MILDRED, CANTERBURY**
# **ST DUNSTAN WITH HOLY CROSS PCC**
**REGISTERED CHARITY 1140343**
**ANNUAL REPORT AND FINANCIAL STATEMENTS OF THE PARISH CHURCH COUNCIL**
**FOR THE YEAR ENDED 31[ST] DECEMBER 2021**
## **RECTOR**
## **REV. JO RICHARDS**
## **Independent Examiners**
Richard A. Jones SHPD Accountants 10 Littlebourne Road, Maidstone, Kent, ME14 5QP
## **PARISH OF ST DUNSTAN WITH HOLY CROSS PCC**
## **CONTENTS**
||Pages|
|---|---|
|Annual report|1 - 6|
|Independent examiner's report|7|
|Statement of financial activities|8|
|Balance sheet (detailed)|9|
|Statement of assets and liabilities|10|
|Fund movement summary|11|
|Analysis of income and expenditure|12-14|
|Notes to the financial statements||
|Accounting policies|15|
THE BENEFICE OF ST DUNSTAN, ST MILDRED AND ST PETER, CANTERBURY
ST DUNSTAN’S WITH HOLY CROSS, CANTERBURY PAROCHIAL CHURCH COUNCIL
## ANNUAL REPORT FOR THE YEAR 2021
## **Aim and purposes**
St Dunstan’s Parish is part of the Benefice of St Dunstan, St Mildred and St Peter and the Rector is the Revd Jo Richards. St Dunstan’s with Holy Cross Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent, in promoting in the parish the whole mission of the Church, pastoral, social and ecumenical. The PCC also safeguards the fabric of the church and has responsibility for maintenance of the church hall and the former curate’s house at 69 Whitstable Road, Canterbury.
## **Objectives and Activities**
In line with the Charity Commission’s guidance on public benefit, the PCC aims to involve both those who attend church regularly and the wider parish in worship at our church and in being part of the community of St Dunstan’s. It therefore takes very seriously its responsibility of maintaining the fabric of the church and the church hall. A group dedicated to fundraising for this purpose, the ‘Friends of St Dunstan’s Church’, is supported by the PCC, and has representatives from the PCC on its committee.
## **Achievements and Performance**
## _Prayer and Worship_
During 2021, the normal pattern of services and church attendance was disrupted owing to the continuing coronavirus pandemic, although to a lesser degree than in the previous year. Churches which had been closed at the end of 2020 during the national lockdown, opened again at the end of March. Fortunately, it was possible for many to watch the celebration of Holy Communion each Sunday online, either on YouTube or live streamed. Daily Morning and Night Prayer were also available through the same medium as well as other special services. Since the lifting of government coronavirus restrictions in July, this practice has continued and the Benefice has maintained its online congregation.
While services have continued to take place, with some restrictions in place, owing to the lack of availability of clergy, the frequency of them has altered. The 8.00 a.m.said Communion Service remains a weekly celebration, and the 10.00 a.m. Communion Service now takes place at St Dunstan’s on the 1[st] and 3[rd] Sundays of the month, with Communion being celebrated at St Peter’s Church at 9.30 a.m. and at St Mildred’s at 11.00 a.m. on the 2[nd] and 4[th] Sundays. Where there is a 5[th] Sunday in the month it is celebrated in each church of the Benefice in turn.
Page 1
Where Youth and Family worship is concerned, the coronavirus pandemic had a serious impact on activities. The last meeting of Messy Church took place in March 2020 and due to restrictions and the need for social distancing, it was not possible to hold further meetings. With the lifting of lockdowns in the summer of 2021, it was finally possible for Messy Church to begin again from 3 October, with some restrictions in place and less mixing between families and individuals than previously. Happily, it was possible to hold the Crib Service, a means of outreach to the community which has been a tradition at St Dunstan’s for many years, on Christmas Eve.
St Dunstan’s Mothers’ Union which had not been able to meet after March 2020 began holding meetings again after July 2021, in the safer environment of the Church Hall, rather than in the branch leader’s home. During these months a series of afternoon services for the MU have been held in St Dunstan’s Church, and we have been happy to be joined by some of our friends from St Mildred’s and St Peter’s MU.
In the early part of 2021 a large number of funerals were conducted in the church with a limited number of attenders. As restrictions were eased it was possible for more people to be present to give thanks for lives ended. From July onwards, it was also possible to celebrate weddings and baptisms again. All these services for life events are an important part of our outreach to the community. All are welcome to attend any of our services. Together with St Peter’s and St Mildred’s Churches, we registered as Inclusive Church before the pandemic. This has now taken a step forward with the arrival in July of the Revd Jenny Walpole, Curate to the Benefice. As part of her training, she is undertaking a project to bring Open Table, a movement which provides safe space for LGBTQIA people to hold a service, containing a Eucharistic element, to the Benefice. Eco-Church also remains one of our priorities as we practice our concern for God’s world through this.
There were 78 people on the Church Electoral Roll at 31st December 2021, 49 of whom were resident and 29 of whom were non-resident within the parish. The average Sunday attendance counted for the year in October was 62 adults and 2 children, combining both services. The attendance for Messy Church in October was 7 adults and 17 children.
## _The Church_
In normal circumstances, St Dunstan’s Church, is left open during throughout the day for visitors and for private prayer. This was facilitated by a team of parishioners who unlocked the church in the morning and locked at the end of the day. It was not possible for this practice to continue in the early part of the year. Now a new team of lockers and unlockers has been compiled enabling the church to be open for all during the daylight hours.
The PCC is aware of its responsibility to maintain the fabric of the church building not only as a place of worship, but as part of our historical heritage. This is carried out by the Fabric Committee which meets regularly in normal circumstances, to oversee renovation and repair as part of the quinquennial (five yearly inspection of church fabric) and reports back to the PCC. The ‘Big Plan,
Page 2
discussed by the PCC before and during the pandemic, a move to make the church a centre for pilgrimage and prayer by Mission through Heritage, remains very much on the agenda.
## _Pastoral Care_
Members of the congregation and community who are ill or going through difficult times are visited by the ministry team.
Many of the activities and organisations, open to congregation, the wider parish and beyond, which formed part of St Dunstan’s outreach and aimed to benefit all, including Tiny Tots, Saturday Morning Coffee, and the Lunch Club have been able to function again with the lifting of covid restrictions. As yet, it has not been possible to hold a Christmas Tea, and the Art and Craft Group has closed, since there was no-one able to oversee it. St Dunstan’s is now no longer the Café and distribution centre for the Canterbury Food Bank as its management decided on a different method of distribution of food parcels.
The Thomas More Fellowship continued to discuss plans for making the Roper Chapel a more inviting place for the many pilgrims and visitors who come in normal times as part of the ‘Big Plan’ mentioned previously.
## _Mission and Evangelism_
St Dunstan’s supports several missions as part of our ministry of outreach.
The Parish Magazine which halted publication in March 2020 has re-emerged in the form of a newsletter as part of the overall Benefice publication. The Magazine Committee, meeting in July came to a decision to re-launch publication in a different format with shorter, more vibrant articles. This is available both online and as a physical copy as part of the Benefice newsletter along with sections from each of the other churches and also as a separate entity for organisations such as the Lunch Club and for people who come to the coffee mornings. It was agreed by the PCC in December that this would be an experiment due for review in June 2022.
The Benefice website, www.dunstanmildredpeter.org.uk, is a valuable means of communication. So, too, are the many banners which have been purchased and displayed outside our various churches, and the digital presence, keeping people informed about our faith, services, and other matters.
## **Structure, governance and management**
The method of appointment of PCC members is set out in the Church Representation Rules. All who attend Church regularly are encouraged to register on the Electoral Roll and stand for election to the PCC. There were 5 meetings of the full PCC during 2021, and the Standing Committee met on 3 occasions. The average attendance at PCC meetings was 80%.
Page 3
The PCC operates through several committees which meet between full meetings of the PCC. These are: the Standing Committee, the Hall and Fabric Committee, the Worship Committee, the Magazine Committee, the Flower Guild, the Social and Fundraising Team, the Fellowship of St Thomas More and the Eco-Church Committee. The leaders of these sub-committees report back to the PCC.
## **Administrative information**
St Dunstan’s Church is situated in St Dunstan’s Street, Canterbury. It is part of the Canterbury Diocese within the Church of England. The Benefice Office address is St Dunstan’s Church Hall, London Road, Canterbury CT2 8LS. The former parish of Holy Cross is combined with the parish of St Dunstan’s. The Parochial Church Council (PCC) is a charity registered with the Charity Commission. Its number is 1140343.
PCC members who have served from 1 January 2021 until the date this report was approved are:
_Ex Officio_ Rector Revd Jo Richards Curate Revd Jenny Walpole from July 2021 Churchwardens Mrs Jayne Ward Mrs Sue Palmer
## _Representatives on the Deanery Synod_ :
Ms Elizabeth Turner (PCC Secretary and Deputy Warden) Mrs Jacquie Webber to APCM 2021 Mrs L Parsons from APCM 2021
## _Elected members_ :
Mr John Albin Mrs Laurienne Edwards Mrs Lee Edwards Mr Richard Edwards Mr Geoffrey Parsons (Treasurer) Miss Philippa Trewby Mr Martin Ward
Page 4
## **Financial Review**
The figures are intended as a summary of incoming resources and expenditure. The 2020 figures are shown in parenthesis for comparison purposes.
Before transfers and revaluations, we recorded a net operating loss on all funds of £3,340 (net loss £17,249), and an operating loss in the General Fund of £6,082 (£14,134). However, our investments with the CBF Church of England funds increased in value by £45,518 which more than offset these operating losses. The operating losses are directly related to the Covid pandemic and will be explored in more detail below.
## **Receipts**
Overall, total receipts for all funds for the year were £80,640 (£82,691).
General Fund receipts were close to last year £76,965 (£76,381). Within these figures, the total ‘giving’ figure, that is regular giving, donations, plate collections and gift-aid was similar to last year £43,771 (£43,397), These two-year totals were approximately £5,000 lower than the prepandemic year 2019 However, our regular givers maintained their giving and more people now contribute by standing order.
As all activities were again curtailed during the year, so all fundraising, including the Friends contributions, were £3,009 (£1,164), or £3,500 less than 2019. In addition, hall rentals were still low £4,396 (3,674), compared to £14,530 in 2019.
Parochial fees increased £3,758 (£1,739). Dividend and bank interest continued to contribute significantly to overall income at £10,980 (£10,970). Rent for the year from Whitstable Road was £10,308 (£8,807). It is noted that rents are received net of expenses incurred by the agents. One-off grants totalled £1,767 of which VAT rebates were £1,518 and £250 from KCC towards WIFI installation. Streynshams gave £515 toward a defibrillator.
## **Expenditure**
Total expenditures of all funds for the year were £83,908 (£99,941).
Total expenditure in the General Fund was £83,406 (£90,515), of which the Parish Share was £46,175 (£45,467).
Utility costs were flat £2,920 (£3.035).
Church maintenance costs were £4,989 (£10,623). The main items were electrical work, £1,818; roof alarm £924; new alarm £672. Hall maintenance costs were £3,330 (£4,240). A new hall
During the year donations were made to charities from restricted and unrestricted funds of £3,911 (£4,693).
Page 5
## **Funds Carried Forward**
Total funds carried forward to 2022 are £555,307 (£508,789) of which unrestricted funds carried forward are £168,047 (£160,797).
## **Reserves Policy**
It is PCC policy to maintain a balance of reserves of unrestricted funds of between twelve and twenty-four months unrestricted payments. Such reserves would allow for most emergency situations that may occur and will help to cushion any future decline in incoming resources. Fund balances will be held in the bank current account and CBF Church of England Funds.
Page 6
## **INDEPENDENT EXAMINERS' REPORT**
## **TO THE PAROCHIAL CHURCH COUNCILLORS OF ST. DUNSTAN WITH HOLY CROSS PCC**
This report on the accounts of the PCC for the year ended 31 December 2021, which are set out on pages 8 to 16, is in respect of an examination carried out under Regulation 3 of the Church Accounting Regulations 2006 and section 145 of the Charities Act 2011.
## **Respective responsibilities of PCC members and examiner**
As members of the PCC you are responsible for the preparation of the accounts; you consider that the audit requirement of the Regulations and s.144(2) of the Act does not apply. It is my responsibility to issue this report on those accounts in accordance with the terms of the Regulations.
## **Basis of this report**
My examination was carried out in accordance with the General Directions given by the Charity Commission under s.145(5)(b) of the Act and to be found in the Church guidance, 2006 edition. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent Examiners' Statement**
In connection with my examination, no matter has come to my attention:
- (i) which gives me reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with section 130 of the Act; and
- to prepare accounts which accord with the accounting records and comply with the requirements of the Act and the Regulations have not been met; or
- (ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
I consider that I am able to sign this report on the basis of the above paragraph.
Richard A. Jones for SHPD Accountants 10 Littlebourne Road, Maidstone Kent, ME14 5QP
Dated: 07 March 2022
Page 7
## **St Dunstans PCC Canterbury**
## **Statement of Financial Activities**
## **For the period from 01 January 2021 to 31 December 2021**
||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**|**Prior year**|
|---|---|---|---|---|---|---|
||**funds**|**funds**|**funds**|**funds**||**total funds**|
|**_Incoming resources_**|||||||
|Incoming resources from generated funds|||||||
|Voluntary income|45,014|2,968|—|47,982||55,922|
|Activities for generating funds|6,531|484|—|7,015||3,648|
|Investment income|21,288|—|—|21,288||19,777|
|Incoming resources from charitable activities|4,131|190|—|4,321||3,156|
|Other incoming resources|—|33|—|33||188|
|**Total income**|**76,964**|**3,675**|**—**|**80,639**||**82,691**|
|**_Resources used_**|||||||
|Cost of generating funds|||||||
|Cost of generating voluntary income|410|110|—|520||80|
|Charitable activities|80,324|823|—|81,147||97,077|
|Governance costs|2,312|—|—|2,312||2,784|
|**Total expenditure**|**83,046**|**933**|**—**|**83,979**|0|**99,941**|
|**Net income / (expenditure) resources before transfer**|**(6,082)**|**2,742**|**—**|**(3,340)**||**(17,249)**|
|**_Transfers_**|||||||
|Gross transfers between funds - in|—|6,510|—|6,510||7|
|Gross transfers between funds - out|(4,843)|(1,667)|—|(6,510)||(7)|
|**_Other recognised gains / losses_**|||||||
|Gains / losses on investment assets|18,174|13,408|18,275|49,858||17,657|
|Gains on revaluation, fixed assets, charity's own use|—|—|—|—||—|
|**Net movement in funds**|**7,249**|**20,993**|**18,275**|**46,518**||**408**|
|**_Reconciliation of funds_**|||||||
|**Total funds brought forward**|**160,797**|**123,518**|**224,474**|**508,789**||**508,381**|
|**Total funds carried forward**|**168,047**|**144,511**|**242,749**|**555,307**||**508,789**|
|**_Represented by_**|||||||
|Unrestricted|||||||
|General fund|168,047|—|—|168,047||160,797|
|Restricted|||||||
|Agency collection|—|—|—|—||—|
|Church Fabric|—|122,621|—|122,621||104,449|
|Community Outreach|—|1,151|—|1,151||1,067|
|Donations to Charities|—|—|—|—||—|
|Flower|—|220|—|220||464|
|Friends of St Dunstans|—|10,193|—|10,193||9,638|
|Friends of Thomas More|—|643|—|643||565|
|Hall Fabric Fund|—|1,105|—|1,105||590|
|Music|—|5,748|—|5,748||5,748|
|Rector Discretionary Fund|—|349|—|349||—|
|Support of Worship|—|55|—|55||55|
|Tower Fund|—|1,485|—|1,485||—|
|Youth Development|—|943|—|943||943|
|Endowment|||||||
|Building|—|—|96,722|96,722||96,722|
|Endowments|—|—|146,027|146,027||127,752|
Page 8
## **St Dunstans PCC Canterbury**
## **Balance Sheet detailed**
|**Balance Sheet detailed**|**Balance Sheet detailed**|**Balance Sheet detailed**|||
|---|---|---|---|---|
|||||**As at**
**As at**
**31/12/2021**
**31/12/2020**|
||||||
|6451: Hedley & Lowe Legacy Investment Fund
6452: Hedley & Lowe Legacy Property
**Total**
**Fixed assets**
6442: Watkins Memorial Investment
26,528
23,208
6440: Halestrap Legacy Investment
108,319
94,763
6431: 69 Whitstable Road
3,450
3,450
6432: Church Hall
93,272
93,272
6441: Helmore Bequest Investment
11,180
9,781
6450: Cheyney Legacy Investment
45,755
40,029
**Total Fixed assets**
**495,221**
**445,363**
6448: Rees Legacy Investment income
606078004S
73,902
64,653
6449: CBF Property Fund 001P
25,624
22,425
21,148
18,508
86,042
75,273
**Current assets**
6501: Bank current account
24,087
27,781
6510: CCLA (CBF) deposit account
36000
36,000
6521: Revenue receivable
—
—
6590: Cash in hand
199
120
6520: Prepayments
—
—
6620: Creditors for goods services
—
—
6699: Agency collections
199
475
**Total Current assets**
**60,286**
**63,901**
**Liabilities**
6610: Accruals Deferred Income
—
—
**Net Asset surplus (deficit)**
**555,307**
**508,789**
**Reserves**
Excess / (deficit) to date
(3,340)
(17,249)
Z04: Accounts Payable
—
—
**Total Liabilities**
**199**
**475**
Endowment
242,749
224,474
**555,307**
**508,789**
Designated
—
—
Restricted
144,511
123,518
**Total Reserves**
**555,307**
**508,789**
**Represented by Funds**
Unrestricted
168,047
160,797
Z01: Starting balances
508,789
508,381
Z02: Gains and losses on investments
49,858
17,657||||26,528
23,208
108,319
94,763
3,450
3,450
93,272
93,272
11,180
9,781
45,755
40,029
73,902
64,653
25,624
22,425
21,148
18,508
86,042
75,273|
|||||**495,221**
**445,363**
24,087
27,781
36000
36,000
—
—
199
120
—
—|
|||||—
—
199
475
**60,286**
**63,901**
—
—
—
—|
|||||**199**
**475**|
||||||
|||||**555,307**
**508,789**|
||||||
|||||(3,340)
(17,249)
508,789
508,381
49,858
17,657|
|||||**555,307**
**508,789**|
||||||
|||**Represented by Funds**|||
|||Unrestricted
168,047
160,797|||
|||Designated
—
—|||
|||Endowment
242,749
224,474
Restricted
144,511
123,518|||
||||||
||||||
|||**Total**
**555,307**
**508,789**|||
||||||
_**Accounts approved by: -**_ Rev'd Jo Richards (Chair) Geoffrey Parsons (Hon Treasurer)
Dated: 07 March 2022 Dated: 07 March 2022
Page 9
**St Dunstans PCC Canterbury**
## **Statement of Assets and Liabilities (by code) As at: 31 December 2021**
|**Last year**
**Class and nominal code**
**General**
**Designated**
**Restricted**
**Endowment**
**Total**|**Last year**
**Class and nominal code**
**General**
**Designated**
**Restricted**
**Endowment**
**Total**|
|---|---|
|||
|#
#
#
#
—
—
—
26,528
26,528
23,208
6441 : Helmore Bequest Investment
6590 : Cash in hand
199
—
—
—
199
120
6451 : Headley & Lowe Legacy
Investment 006S
—
—
86,042
—
86,042
75,273
6451 : Headley & Lowe Legacy Property
002P
—
—
**Fixed assets - Investments**
6440 : Halestrap Legacy
Investment
—
—
—
108,319
108,319
94,763
**Total**
—
—
—
96,722
96,722
9,781
6442 : Watkins Memorial
Investment
**Fixed assets - Tangible assets**
6431 : 69 Whitstable Road
—
—
—
3,450
3,450
3,450
—
—
—
11,180
11,180
27,781
**Total**
64,653
6449 : CBF Property Fund 001P
25,624
—
—
—
25,624
22,425
6448 : Rees Legacy Investment
0004S
73,902
—
—
—
73,902
40,029
6450 : Cheyney Legacy Investment
45,755
—
—
—
45,755
348,640
**Current assets - Cash at bank and in hand**
145,281
—
107,190
146,027
398,498
6432 : Church Hall
—
—
—
93,272
93,272
93,272
96,722
21,148
—
21,148
18,508
36,000
6510 : CBF deposit account 001D
15,982
—
20,018
—
36,000
6501 : Bank current account
6,585
—
17,502
—
24,087
63,901
**Total**
22,766
—
37,520
—
60,286
168,047
—
144,511
242,749
555,307
508,789
**Liabilities - Agency accounts**
6699 : Agency collections
—
—
199
—
199
475
**Total**
**Net total assets**
—
—
199
—
199
475||
||#
**Total**
—
—
199
—
199
475|
|||
||168,047
—
144,511
242,749
555,307
508,789
**Net total assets**|
|||
|||
|#
168,047
160,797
Restricted - Chfabric
—
—
122,621
—
122,621
104,449
Restricted - Flower
—
—
220
—
220
1,067
Restricted - FOTM
—
—
643
—
643
565
Restricted - CommOut
—
Restricted - Friends
—
—
10,193
—
10,193
9,638
Restricted - Music
—
—
5,748
—
5,748
55
—
—
943
—
943
943
5,748
Restricted - HallFab
—
—
1,105
—
1,105
Restricted - RDF
—
—
349
—
—
—
146,027
Restricted - Worship
—
—
55
—
508,789
**Total**
168,047
—
144,511
242,749
555,307
—
1,151
—
1,151
96,722
Endowment - Endowments
146,027
127,752
590
464
**Represented by**
Unrestricted - General
168,047
—
—
—
Endowment - Building
—
—
—
96,722
96,722
55
Restricted - Youth
—
349
—
Restricted - Tower
—
—
1,485
—
1,485
—||
||#
508,789
**Total**
168,047
—
144,511
242,749
555,307|
Page 10
**St Dunstans PCC Canterbury**
## **Fund movement summary Selected period: 01 January 2021 to 31 December 2021**
|**Fund**|**Fund balances**|**Incoming**|**Outgoing**|**Transfers**|**Gains and**|**Fund balances**|
|---|---|---|---|---|---|---|
||**brought forward**|**Resources**|**Resources**||**Losses**|**Carried forward**|
|Building - Building|96,722|—|—|—|—|96,722|
|Chfabric - Church Fabric|104,449|1,588|—|3,176|13,408|122,621|
|CommOut - Community Outreach|1,067|163|79|—|—|1,151|
|Charities - Donations to Charities|—|110|110|—|—|—|
|Endowments - Endowments|127,752|—|—|—|18,275|146,027|
|Flower - Flower|464|113|357|—|—|220|
|Friends - Friends of St Dunstans|9,638|679|124|—|—|10,193|
|Friends - Friends of Thomas More|566|108|30|—|—|644|
|HallFab - Hall Fabric Fund|590|515|—|—|—|1,105|
|Music - Music|5,747|—|—|—|—|5,747|
|RDF - Rector Discretionary Fund|—|400|51|—|—|349|
|Worship - Support of Worship|55|—|—|—|—|55|
|Tower - Tower Fund|—|—|182|1,667|—|1,485|
|Youth - Youth Development|943|—|—|—|—|943|
|General - General fund|160,797|76,965|83,046|(4,843)|18,174|168,047|
|**Totals**|**508,789**|**80,639**|**83,979**|**—**|**49,858**|**555,307**|
Page 11
**St Dunstans PCC Canterbury**
## **Analysis of income and expenditure Selected period: 01 January 2021 to 31 December 2021**
||||||**Total**||
|---|---|---|---|---|---|---|
||**Unrestricted**|**Designated**|**Restricted**|**Endowment**|**This year**|**Last year**|
|**Incoming resources**|||||||
|**_Incoming resources from generated funds_**|||||||
|0101 - Gift Aid bank|27,173|—|—|—|27,173|27,887|
|0110 - Gift Aid Envelopes|802|—|—|—|802|1,995|
|0201 - Other planned giving|2,634|—|—|—|2,634|1,634|
|0301 - Loose plate collections|1,290|—|88|—|1,378|588|
|0401 - Regular gift days|—|—|—|—|—|—|
|0410 - Giving through church boxes|585|—|—|—|585|133|
|0501 - One-off Gift Aid gifts|1,224|—|820|—|2,044|446|
|0510 - Gifts of quoted securities|—|—|—|—|—|—|
|0550 - Donations appeals etc|2,186|—|318|—|2,504|1,152|
|0551 - Donations on-line Benefice|565|—|—|—|565|20|
|0552 - On-line donations St Dunstans only|95|—|—|—|95|—|
|0601 - Tax recoverable on Gift Aid|7,500|—|—|—|7,500|10,123|
|0701 - Legacies|—|—|—|—|—|5,000|
|0801 - Recurring grants|—|—|915|—|915|—|
|08A1 - Non-recurring one-off grants|960|—|808|—|1,768|6,369|
|0901 - Other funds generated|—|—|20|—|20|575|
|0503 - Friends subs Gift-aid|—|—|65|—|65|35|
|1220 - Bookstall sales - fund raising|144|—|—|—|144|53|
|1240 - Church hall lettings - fund raising|4,006|—|—|—|4,006|2,509|
|1250 - Magazine income - advertising|—|—|—|—|-|95|
|1270 - Coffee mornings|680|—|—|—|680|452|
|1301 - Rummage sales etc|1,058|—|—|—|1,058|-|
|1302 - Other fundraising income|643|—|419|—|1,062|504|
|1001 - Dividends|10,944|—|—|—|10,944|10,685|
|1020 - Bank and building society|36|—|—|—|36|285|
|interest|||||||
|1030 - Rent from lands or buildings|10,308|—|—|—|10,308|8,807|
|**_Incoming resources from_**|72,833|—|3,452|—|76,285|79,347|
|**_generated funds Totals_**|||||||
|**_Incoming resources from charitable activities_**|||||||
|1101 - Fees for weddings and funerals|3,758|—|—|—|3,758|1,739|
|1210 - Bookstall sales to promote|—|—|150|—|150|120|
|objectives|||||||
|1230 - Church hall lettings - objectives|350|—|40|—|390|1,165|
|1260 - Parish magazine sales|23|—|—|—|23|133|
|1303 - Fairtrade Sales|—|—|—|—|—|—|
|**_Incoming resources from_**|4,131|—|190|—|4,321|3,156|
|**_charitable activities Totals_**|||||||
|**_Other incoming resources_**|||||||
|0502 - Subscriptions received|—|—|33|—|33|188|
|1310 - Insurance claims|—|—|—|—|—|—|
|1320 - Surplus - sales of fixed assets|—|—|—|—|—|—|
|**_Other incoming resources Totals_**|—|—|33|—|33|188|
|**Incoming resources Grand**|76,964|—|3,675|—|80,639|82,691|
|**totals**|||||||
Page 12
|**Resources used**
**_Cost of generating funds_**
1701 - Fees paid to fund raisers
1710 - Costs of applying for grants
1730 - Costs of fetes & other events
1720 - Costs of stewardship campaign
**_Charitable activities_**
1731 - Faitrade purchases
**_Cost of generating funds Totals_**
1740 - Investment management costs
1801 - Giving to missionary societies
1850 - Home mission
1830 - Giving - relief and development
agencies
1901 - Stipends quota
1870 - Secular charities
2001 - Assistant staff costs
1910 - Ministry parish share etc
2051 - Organist fees
2050 - Parish administrator expenses
2110 - Visiting speakers / locums
2101 - Working expenses of incumbent
2130 - Parsonage house expenses
2120 - Council tax
2145 - Parsonage - water
2140 - Water rates - vicarage
2160 - Parish training and mission
2150 - Vicar's telephone
2201 - Mission expenses
2170 - Education
2310 - Church office - telephone
2301 - Church running - insurance
2309 - Church Office Supplies
2312 - Photocopier hire
2311 - Telephone church hall
2330 - Church maintenance
2320 - Organ / piano tuning
2340 - Upkeep of services
2331 - Cleaning
2360 - Administration/stationary
2350 - Upkeep of churchyard
2410 - Church running - gas
2401 - Church running - electric
2430 - Church running - oil
2420 - Church running - water
2441 - Misc Expenses Church
2440 - Church running - heating and
lighting
2443 - Rubbish collection
2442 - Refreshments
2501 - Magazine expenses
2444 - Church Other consumables
2502 - Outreach costs
2102 - Curate's Expenses
2510 - Bookstall costs||**Total**
**Last year**
**Unrestricted**
**Designated**
**Restricted**
**Endowment**
**This year**|
|---|---|---|
|||—
—
—
—
—
—
—
—
—
—
—
—
58
—
—
110
—
110
21
410
—
—
—
410
—
—
—
—
—
—|
||||
|||—
—
—
—
410
—
110
—
520
80
—
—
650
—
—
—
650
615
2,184
300
—
51
—
351
594
2,150
—
110
—
2,260
1,300
—
—
—
—
—
—
650
—
—
—
650
45,467
4,765
—
—
—
4,765
3,580
46,175
—
—
—
46,175
—
3,435
—
—
—
3,435
3,465
108
—
—
—
108
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
24
—
—
—
24
—
—
—
—
—
—
—
—
—
—
—
—
45
—
—
—
—
—
3,541
241
—
—
—
241
410
3,235
—
—
—
3,235
396
—
—
—
396
1,261
—
516
—
—
—
516
571
—
—
—
—
—
647
4,776
—
182
—
4,958
10,623
499
—
—
—
499
—
2,473
—
247
—
2,720
1,270
48
—
—
—
48
288
384
—
—
—
384
386
66
—
110
—
176
623
1,270
—
—
—
1,270
1,090
679
—
—
—
679
111
—
—
—
—
—
—
82
—
—
—
82
—
25
—
25
—
50
325
—
—
—
—
—
82
417
—
—
—
417
409
—
—
19
—
19
—
—
—
—
—
-
210
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
56
—
—
—
56
—
—|
Page 13
|2530 - Hall running - electricity
2520 - Hall running - oil
2550 - Hall running - insurance
2540 - Hall running - gas
2570 - Hall running - telephone
2560 - Hall running - maintenance
2590 - Hall running - heating and
lighting
2580 - Hall running - water
2592 - Hall kitchen supplies
2591 - Misc Expenses Hall
2701 - Church major repairs - structure
2593 - Hall: Other consumables
2720 - Church interior and exterior
decorating
2710 - Church major repairs -
installation
2820 - Hall + major repairs - installation
2801 - Hall + major repairs - structure
2840 - Other PCC property upkeep
2830 - Hall + interior and exterior
decorating
2910 - New building house for curate
2901 - New building parsonage house
2930 - New building Hall
2920 - New building Church
**_Governance costs_**
2302 - Licences and subscriptions
**_Charitable activities Totals_**
**Resources used Grand totals**
**_Governance costs Totals_**
2601 - Governance costs
examination/audit fee
2515 - Hall caretakers renumeration||**Total**
**Last year**
**Unrestricted**
**Designated**
**Restricted**
**Endowment**
**This year**|
|---|---|---|
|||—
511
—
—
—
511
527
—
—
—
—
—
264
1,054
—
—
—
1,054
1,034
292
—
—
—
292
4,240
—
—
—
—
—
—
3,330
—
—
—
3,330
420
—
—
—
—
—
—
86
—
—
—
86
5
—
—
46
—
46
33
52
—
—
—
52
101
—
—
—
—
—
6,634
40
—
34
—
74
2,706
—
—
—
—
—
1,050
—
—
—
—
—
—
1,014
—
—
—
1,014
—
—
—
—
—
—
—
528
—
—
—
528
967
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—|
||||
|||97,077
1,142
—
—
—
1,142
1,614
80,324
—
823
—
81,147
1,170
1,170
—
—
—
1,170|
||||
|||2,312
—
—
—
2,312
2,784|
||||
|||99,941
83,046
—
933
—
83,979|
Page 14
## **ST DUNSTAN WITH HOLY CROSS PCC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **1 ACCOUNTING POLICIES**
The financial statements have been prepared in accordance with Church Accounting Regulations and Charities Act 2011 using the receipts and payments basis.
The financial statements have been prepared under the historical cost convention other than for the value of investments which have been shown at market value.
The accounts are framed as receipts and payments and do not take in account timing differences caused by accruals or prepayments.
## 1 (a) **Funds**
Unrestricted funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. These include funds designated for a particular purpose by the PCC. The purposes of restricted funds are noted in the accounts.
The accounts include transactions, assets and liabilities for the which the PCC are held responsible . They do not include the accounts of church groups that owe an affiliation to another body nor those that are informal gatherings of church members.
## 1 (b) **Incoming resources**
## _Voluntary income and capital sources_
Collections are recognised when made. Amounts receivable under covenant are recognised only when honoured by the covenantor. Income tax recoverable on covenanted or gift aid donations is recognised when received.
Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its entitlement and the likely amount due.
## _Other ordinary income_
Rental income from letting of church premises is accounted for when earned.
## 1 (c) **Resources expended**
_Grants_
Grants and donations are accounted for when paid.
## _Costs_
Costs are accounted for when they are expended.
## 1 (d) **Fixed Assets**
_Consecrated land and buildings and movable church furnishings_
Consecrated and beneficed property is excluded from the accounts by s. 10(2)(c) of the Charities Act 2011. No value is placed on movable church furnishings held by churchwardens on special trusts for the PCC and which require a faculty for disposal since the PCC considers this to be an inalienable property. All expenditure during the year on consecrated or beneficed buildings and movable church furnishings, whether maintenance or improvement, is written off.
## _Freehold Property_
Freehold property is stated at cost. No depreciation is charged against the values stated. _Fixed asset investments_
Investments are initially recognised at their transaction value and subsequently measured at their market value as at the balance sheet date using the closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.
Page 15