PARISH OF ALL SAINTS, WELLINGTON WITH EYTON
DIOCESE OF LICHFIELD - CHURCH OF ENGLAND
ANNUAL REPORT AND STATUTORY FINANCIAL STATEMENTS
OF THE PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31[st] DECEMBER 2021
Charity registration number 1140711
Parish of All Saints, Wellington With Eyton
Index to the Statutory Financial Statements
For the year Ended 31 December 2021
| Trustees Annual Report | 1 to 5 |
|---|---|
| Independent Examiners Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes | 9 to 20 |
| All Saints and St Catherine's | 21 |
| Summary of Mission Giving | 22 |
| Calculation of Mission Tithe | 23 |
Notes
-
1 An independent examination of the Statutory Financial Statements has been carried out by LDBF and their report is enclosed with these Statements on page 6.
-
2 Pages 21 to 23 are not part of the Statutory Financial Statements and are shown for information purposes only.
-
3 A full set of the Annual Report and Statutory Financial Statements for the year to 31st December 2021 has been displayed on the Church notice board and is available for inspection at the Annual Parochial Church Meeting.
DIOCESE OF LICHFIELD Corne follow Christ in the footsteps of St Chad The Parochlal Church Councll of All Saint8, Wg11ington with St Catherlne's, Eyton Trustees. Annual Report for the year ended 31•t December 2021 Objectives and Activities The Parochial Church Council of Al Salnts. Wellington with St CatheTiNa'8. Eyton Itht PCCI ha$ the responsibilty of c(H)perating with the incurnnt. the Reverénd rim Carter, in prornoting in the eccl8siasti¢8l parish, the whole mtssion of the Church, pastoral. evan9è1ical. sooal. and trcumenical. Tho PCC is al80 Sptritually responsi• for the mairitenanee of the churth. Th& PCC i8 comrnitted to enabling as rnany PeOe as pos51b to worship at our church and to become part of our parish comrnunity. The PCC maintains an overvi6w of worship throughout the parish and makes suggestions on how our servi can involve the many groups that Ilve within our parish. Our ServIS and worship wt faith into practice through prayer. scripture, rnusic and sacrament. Ak80, through ntsn sacramenial actwIt$ of htsspitalrty and fell¢y+1P w& aim to reach non churched m8mbws Oft wmmunty. Public Bon•fft Th8 truste88 ofthe PCC ale awarè of Charity Commi5$ion's guidance on public benefrt in Thtr AdvanGem8nt of RelwJion forth? Public Benefft and have had regard to rt in their administration of the Charity. The trustees bel8 that. by promoting the work of thè Church tsf Englaftd in the E¢¢&981•Cal P8ri8h of All Saints. Welliwon with St Catherfne's. eyton it helps to prornot8 the whole mission of the Church (pastoral. evangeli6tic. soclal 8nd ecurnenicall more effectively. within the Ecclesiastical Parish, and that doing 80 It provid88 a t)enefrt to the publlc by.. Providing facllrtE5 for putthc worship. pastoral car8 aThY spiritual. rnoral and intelleLtual dèvelopment. tr)thfOritBmemrs andforanyonevhK)w8hes to benafftfyrynwhattl Churc offers", and Promoting Christian values and 8eTvice by mernbers ofthe Church in andtotheir oJmmuniti88, tt> th8 btrnefit of individua18 and sodety as a wholp. Achlevements and Perforniance Wornhlp amd Pray•r Tler Praise. W8dnesday Ivnthtim8, Surxlay ev8nirvJ. Explore. and Ignftt servicas restarted. A lot of flexilty and mtivity demonstrated in a fange of indoor. outdoor. online, in p&son 8ervic88 as th8 Covid c4rcumstsnces fflfijthated through the year. Th8 piloted fomiat of Church Family Communion servit88 was r8vi6wed. and it was wjréed to make the thartrJ8 prnan8nt Ml•8lon and DFsclpl••hlp Took part in T8Wor¢kvAde"Do You l(now Him" ms1on and dv*opk88hip in8t-s8mjOn and small group matertal dr8WtvJ us d08erto J88US.
Set up Ecochurth team and rn8d8 progr888 in Ecochurch audlt and In pursulng EchUr accreditation. Car¥ieLI out discipthhip survey using Church of Et¥Jiat)d Developmènt T¢)ol- re8utts showed a high level of disople5hip engagement of th088 vtho completed survey. Living in Love and Faith COU wa$ run wlth a gLX)d level of engagement. Pastoral Cam and Ho4>1ts11ty Nèw lèaflet drafted 8nd orculated to help peopk in congregation8 understand hcw pa8toral car8 rd organised in the parish. Bereavement support group piloted on Zoom. Th8ra wa8 a positive fespon88 b(rt low ptake. so put ¢)n hold until for+fa meetings possible. Dementia FrndlY event organised in partnership with Wfockwardin¥ Deangry. Flnanco. Fabrk, al HR Completed Liuhttng ptojeGt to in5t411 new LED stage and hous8 lighting Én church buildiThJ. Successfvlly rauurt8d new Children's and Famllw Oulreh Worker. Flnanclal Revl•w Th8 gènèral unrestricted fund$ have increased at the er of the financial year as the charity has an excess of income over expenditure on these funds of£7.49012020 £3.487 exces5 of expenditure over income). The designated and re8trictsd funds hav8 increased since the h baèn furtheT reGeipts into these funds. Total r888rves were £815,115 at 31 Dec8mb8r 2021 12020 £772.8291. R080rv88 Pollcy It is PCC policy to try to maintain a balance on free rpserves Inet current assets) which equates to at least three months Lsnr88tricted payments. Thi8 1$ equivalet to £46.475. It is held to sm¢y)th out fluoluations in cash flow and to m•et èmergenaes. balanct Of the free ieserves at the year end was £89,43412020 £61,594), which is higherthan this targat. l•w•Btsn•nt Ptslley The iiarity is granted Frfjwer to invest in suitable investments under thè PCC Powers Mèasure 1956 and thè Truslee¥ Act 2000. As a charty. the Trustees have a duty of care to take such advice as is appropriatè before invtsstmtrnts are undertaken. This advice 1$ Soughl from the Cèntral Board tsf Finan¢e ICCLAI in London. The chatlty's invesment ptsliciets 4re based on Iwo key prinThples.' - Ethi(l IFwe$trnent - thk4 includes that investm8nt8 are held in compan18s whlch have hKJh standards of corKK)ratè govemane and ai# in • respDnsible way towards stakehold8rs. Long-tÈrm re8pon8ibilttiès the tru$tee$ aw#re tsf their long-terrn responsibilities in respect of the Restricted and Unre8tricted rese8 and 88 a resuttlollow a prudènt appro*h to investrnent ¢JeGisions. 14westrnent policy for lorvJ-term fiJnds aimed yimarily at 98n8rating a sustainable incotne, with due reg8rd to the need for tha presèrvation of capital valu?, and th• possiblè n8ed to realise nvesttnents to meet operation81 n88ds. Th8 charity doès not hav8 a pollcy of g8neratirw inGorne at trxcèssive or hi9h risk- kr a8"purcha8ing income", where hh r8tum8 ar8 guarant88d at the expen88 of Catal.
In sumrnary. Ihg Gharty has an overall policy to maximise incom8 whi18 prasarvlrtg thè ml value of its funds. Due to the nature ofth8 chanty, at)8lhic81 itwe8tmant F)licy18taken Into¢nsid•ratitsn when inve8tm8nts ar8 made.. The charity follows the Ethical Inv88tm8nt Advssory policy as recommended by the Ltifiekl Diocese whlch Includes the foll¢)wing". 'We aim to invest in companies that.. . VAII dlOp thelr businests in the intèrests of shareholders.. dernon5trate responsible ernployment practices.. . ar& conscientious conMing issue5 Ot corpoiate g0veman. Ihe enwronmenl ar human nghts., ' are 5ensf<Ne to the Gommunty in which they operate." Planned giving. coltections and donations are the main sources of fund raising atong vrith tax Safgguardlng Thè PCC b2lieve fyy have fvlfilkd their duty under section 5 of the Safeguarding and Clergy Disupline Measure 2016 Iduty to have regard to Housè of Bishops. guKlancè on safeguarding Ghildren and vulnerable adultsl. Reportlng Serlous Incldents A Serious Incident is an adverse event, vthether a(ual or a118ged. whith results in or risk significant haTtn to the drrty'S beneficigries. employee5. oifice holder5. volunteers or to other8 who come into contact with thè charity through its work, loss of the charity's money or astset5, amage to the charity'5 property or harm to the chanty's work or reputation. The trustees are not awar8 of any Sarious Incidants In the last year Fundraising The PCC take5 it fundr8i5ing respon5ibilftMYS seriously and is v•ry gratefvl to 811 donor¥- regular or occasional - for their support of the thurch and thurch events. PCC supporters are never taken for granted. The PCC tske full responsibilty for fundraising and do not LL%e commercial organisations or professional fundraiser5. tnoney raised is either by donation5. fundrai51ng Svents, speck818ppeals or18gaci88 for which the PCC are m08t grateful. Volunteers Thè mernber5 of the PCC would like to thank all the volunteer5 who WOTk so hard to make our Churth a lively and vibrant communty. Our especial thanks go to our church wardèns, Mrs Meeson and Mi Thompson. who h4ve worked so tirelessly on our behglf arxl Mrs Lawson. who has helFed us all understand the church'8 accounts and its finanix. The Coronavlrus Pandamlc 2021 was anoth&r porti¢ulady Ghalltsnging year th the continuing disruption caused by the oronavirus pandernic and the consequent national lockdow. restrictions on rouune 8ervices, wèdding8 and funerals a5 we11 a$ tundraising and other wrnmunity events planned during the year. The PCC have tried to remain positive thrtsughout to support thè community as well as the fabric of our wondertkjl church buildings and parish ntre Inwme ha5 exeded that of the pr8VIOUS y8ar for which wè are rèally thankft&l and is paruy duè tr) an Ir*& in otlv form5 01 giving tsuch 85 Giving Di¢t. JustGiving and ona-off donations
Thè dergy have worked extremèly hard with online service8lrefi8Ctions that have reathed a broader aUdfi¢e than the routin8 congregatton. It ts h¢)ped that thi8 reoular virtual contacl has provided support to thotse most vulnerable. Rlsk Management The Church Wardens out regular Heatth 8nd Safety R•views and r•gularfy in8p8Ct premis8s for potential hazards. We have 58fe9uarding polici88 in p¢acÈ for child proteiion arxl for work with vulnerable adults, Including rigorws OBS checking of staff and volunteèrs. Our insurances are reviewed annually to 8nsur8 adaquate ir. An infom81 review of any now risks whtch may impactthe wortt tsf the ChuT¢h in the Part8h 18 ongoing. Structure. Governance and Management The PCC 18 a Bc¥Jy CorptsrJ established by the ChLtTth of EnglaThJ and 18 a Charity registered th the Charity Commission. The PCC is governed by the Paiochial Church Council Powers Mea8ur8 {19561 a5 amended that came Into effect on 2- January 1957. and the Church Repre8entation RU IntaIned in Sch•JuJ8 3 to the Synodlc41 Govewnrnent Measure 1969 a8 arnetKledl. Thè mtrthod cl apFointment of thè PCC m•mtrs is set out in th8 Church Representson Ru. The Coun1 compri888the Incumbent. the Churchwardens. a repres8ntativ8 ofthe Readets. tho$e $leGte(I to the D8anery Synod, and other members who are elected at the Annual Parochial Church Meeting. by those on th8 Eworal Roll. The PCC mèmbers reGeive training from cour888 run by th8 Dioc888. Mwnbets of the Gongregaticffi are ahvays uffJ8d to join the ElectOT#I Roll. and tts for election to th& PCC. The PCC rnembers are respon8iUe for making dec10$ on all matter5 of g8n8ral conc&m and importanc& in the pa5. and for all financial mattèr8. The PCC meet 6 time5 8 year. Given its rewonsits"liti&s, the PCC has four Adion Group5, each ¢Jealing with a particular as of paTlSh life. These arè the Mission and Discipleship, Pastoral Care and Hospitalty. Prayer and Worship, and Fabric. Finan¢9 ¥twJ HR Action Groups. Each reports ba to the PCC wfth thtr minute5 of thdr meetings. Related Partles Donatlom fram Rdat•d Partlo¥ Donotions from relat8d parti8s during the yrtOtalld £28.398. All theae donatOn8 were receiveil Witho conditions. R•mun•ratk¥n p45d to None of the trustees have been paid any r&mun8ration or r1Ved any 0r beneffts from employment wilh thé PCC EXw{v4 pwld to Trusto 2 Tru¥& expenses have been reimbursed £1,36412020 £6,597) for travel al subsisten during tha year. Referencg and Administratlve detall8 I Saints 18 srtuated in Church St, Wèllingttsn. Tdford. TF1 14P and is part ofthe Dèanery of Teword. in the Diocasa of Lichf*ld. Thè ¢orrtspondenc8 address ts Parf$h Centre. Lythgate W41k. Wellsngton, Telford, Shrop$hlre, TFI 3HA. Registered charity numb8r 1140711. Our website •ddre85 IS.. WWW. aints-wellln
PCC Membgrship Cloryy Rev'd. Tm Carter, Vlcar- Chairrnan R.. David Sims. Curate lunlil Auwjt 20211 R•adoT Heather Gri11 Churchward•n Paul Thompson Judy Meeson D•puty Ward•n8 Rhian Corbett-young Vasikaran Dinakaran Preeti Guria Rachel Roust lfrc¥n APCIA 2021) R•pr•88ntatl¥• On Dganory Synod David Kethw Ang&la Bruno Liz Cartar Sarah PaTron8 El•ct•d lthqmbgrn Andrèw Btrath {frorn APCM 20211 i50n Buck18y Lydia Famham Iitropt•d from Jun8 20211 Rose Kershaw Nig81 Meestsfi {unlil APCM 2021) Laura Pow811 Jon Ptywell (until APCM 20211 Pam Hill lunlil APCM 20211 Le&Y stone (until APCM 2021) lan Labvson Lyz Lawson lfrc*n APCM 20211 Sydni Brooke Jillian Afch8r-Jon&s Gernma Eversor¢ (until Smber 2021} Jonathan Lltsyd. Secretary Lynn Mann Yvonne Crow Kirn Scott-Web8ter Apwovod by the PCC on 14th 222 arbj 8ign8d on Its behabY.. Revarènd Tim Carter (Chalmanl 888on jChur¢h Warden)
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Parish of All Saints, Wellington With Eyton
Statutory Financial Statements for the Year Ended 31 December 2021
Statement of Financial Activities
| Incoming Resources Donations and Legacies 2a Charitable Activities 2b Other Trading Activites 2c Investments 2d Other 2e Total Resources Expended Raising Funds 3a Charitable Activities 3b Other 3c Total Net Income/(Expenditure) Transfer between Funds 6 Net Movements in Funds Total Funds brought forward (1st Jan) Total Funds carried forward (31st Dec) |
Unrestricted Funds £ |
Designated Funds £ |
Restricted Funds £ |
Total Funds 2021 £ |
Total Funds 2020 £ |
|
|---|---|---|---|---|---|---|
| *see note 10 for full comparatives |
||||||
| 183,253 | 14,382 | 42,710 | 240,345 | 227,411 | ||
| 6,428 | 295 | - | 6,723 | 3,940 | ||
| 6,573 | - | 6,573 | 2,394 | |||
| 63 | - | - | 63 | 545 | ||
| 4,953 | - | 4,953 | 7,330 | |||
| 201,270 | 14,677 | 42,710 | 258,657 | 241,620 | ||
| - | - | - | - | - | ||
| 184,278 | 9,743 | 22,349 | 216,370 | 277,689 | ||
| - | - | - | - | - | ||
| 184,278 | 9,743 | 22,349 | 216,370 | 277,689 | ||
| 16,992 | 4,934 | 20,361 | 42,287 | (36,069) | ||
| (9,500) | 9,500 | - | - | - | ||
| 7,492 | 14,434 | 20,361 | 42,287 | (36,069) | ||
| 269,061 | 101,045 | 402,723 | 772,829 | 808,898 | ||
| 276,553 | 115,479 | 423,084 | 815,116 | 772,829 |
7
Pri¥h of All Salnl•. W¢lllngton Wlth Eyton Statsrtory Fln•n¢ial stat•mo fortht Year Endod 31 Ih¢wnl>•r2021 Balwnce Sheet Tangib Assets 610.189 (•} 9205 Cash at Wk and In 5,531 8lbl 22Q,572 229.777 t80.101 Llabllw In on•y•r N•tCuff•ntA¥sots1(LlabWtl•l 205.278 162.640 815.11e Parknh Fund• Unrestrkaed Funds 276.553 115.479 423.084 269,1 101 045 4(Y2,723 t)e&gr48 Re8tirtl Fun Total 15.118 the Par£¥thk81 Church c141 on 14th February ond 8lgn*J on its beha
Parish of All Saints, Wellington With Eyton
Statutory Financial Statements for the Year Ended 31 December 2021
Accounting Policies
The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations' "true and fair view" provisions. They have also been prepared in accordance with the Charities SORP (FRS 102).
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members.
There may be minor discrepancies in the totals as the pence are not being shown.
Cash Flow Statement
The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a Cash Flow statement on the grounds that the income does not exceed £500,000
Going Concern
There are no material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern
Post Balance Sheet Event
The ongoing worldwide outbreak of the COVID-19 virus still represents a significant event since the end of the financial year. The Charity has reviewed its cash flow forecasts and considered the impact on going concern, concluding that the going concern basis remains an appropriate basis of preparation for these financial statements given the likely cash flow impact of operations for 12 months from the date of signing this report.
Accounting Estimates and Prior Year Errors
No changes to accounting estimates have occurred in the reporting period.
No material prior year errors have been identified in the reporting period.
Description of Funds
Unrestricted funds are income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not
9
included in its "free reserves" as disclosed in the trustees' annual report.
Restricted funds comprise of two elements :-
a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest
b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.
Income
Planned giving, collections and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be measured with sufficient reliability. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and the monetary value can be measured with sufficient reliability. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.
Expenditure
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.
Governance and Support Costs
Support costs should be allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the PCC and its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources eg by allocating staff costs by time spent and other costs by their usage.
Fixed Assets
Consecrated and benefice property is not included from the accounts by s.10(2)(a)&(C) of the Charities Act 2011.
10
Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements.
No depreciation is provided on buildings as the currently estimated residual value of the properties is not less than their carrying value and the remaining useful life of these assets exceeds 50 years, so that any depreciation charges would be immaterial.
Other tangible fixed assets are valued at cost. The depreciation rates and methods are disclosed in note 7.
Debtors
Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash expected to be received.
Creditors and Accruals
Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount required to settle the obligation at the reporting date.
11
Parish of All Saints, Wellington With Eyton
Notes to Statutory Financial Statements for Year Ended 31 December 2021
| Income and Endowments from: 2 Donations and Legacies 2a Voluntary Income/Receipts 1 Tax efficient planned giving 2 Other planned giving 3 Collections at services 4 All other giving and voluntary receipts including special appeals 6 Gift Aid Recovered 7 Legacies received 8 Grants Charitable Activities 2b Church Activities 11 Statutory Fees (retained by PCC) Finance Form Box Number |
||||||
|---|---|---|---|---|---|---|
| Unrestricted Funds £ |
Designated Funds £ |
Restricted Funds £ |
Endowment Funds £ |
Total Funds 2021 £ |
Total Funds 2020 £ |
|
| 121,220 | - | - | - | 121,220 | 121,774 | |
| 7,722 | - | - | - | 7,722 | 8,352 | |
| 2,956 | - | - | - | 2,956 | 4,130 | |
| 16,972 | 7,782 | 23,795 | - | 48,549 | 38,892 | |
| 33,883 | - | - | - | 33,883 | 34,348 | |
| 500 | - | - | - | 500 | 1,000 | |
| - | 6,600 | 18,915 | - | 25,515 | 18,915 | |
| 183,253 | 14,382 | 42,710 | - | 240,345 | 227,411 | |
| 6,428 | 295 | - | - | 6,723 | 3,940 | |
| 6,428 | 295 | - | - | 6,723 | 3,940 |
12
Parish of All Saints, Wellington With Eyton
Notes to Statutory Financial Statements for Year Ended 31 December 2021
Income and Endowments continued
| Other Trading Activites 2c Activities for Generating Funds 12 Parish Centre Hire 12 Bookstall 12 Social Activities 12 Toddler Group Investments 2d 10 Bank Interest 13 Other 2e Total |
Unrestricted Funds £ |
Designated Funds £ |
Restricted Funds £ |
Endowment Funds £ |
Total Funds 2021 £ |
Total Funds 2020 £ |
|---|---|---|---|---|---|---|
| 4,332 | - | - | - | 4,332 | 1,155 | |
| - | - | - | - | - | 87 | |
| 1,721 | - | - | - | 1,721 | 595 | |
| 520 | - | - | 520 | 557 | ||
| 6,573 | - | - | - | 6,573 | 2,394 | |
| 63 | - | - | - | 63 | 545 | |
| 63 | - | - | - | 63 | 545 | |
| 4,953 | - | - | - | 4,953 | 7,330 | |
| 4,953 | - | - | - | 4,953 | 7,330 | |
| 201,270 | 14,677 | 42,710 | - | 258,657 | 241,620 |
13
Parish of All Saints, Wellington With Eyton Notes to Statutory Financial Statements for Year Ended 31 December 2021
| EXPENDITURE ON: 3 Raising Funds 3a 17 Costs of Generating Income Charitable Activities 3b Church Activities 18 Mission giving and donations 19 Diocesan Parish Share 20 Salaries/Wages 21 Clergy and Staff Expenses Church Expenses 22 Church Expenses(Mission and Evangelism) 23 Church running expenses 24 Church utility bills 25 Cost of trading Major Capital Expenditure 27 Major Repairs to the Church 28 Major Repairs to Church Hall 29 New Building Work 26 Governance Costs 99 Other 3c Total Finance Form Box Number |
Unrestricted Funds £ |
Designated Funds £ |
Restricted Funds £ |
Endowment Funds £ |
Total Funds 2021 £ |
Total Funds 2020 £ |
|---|---|---|---|---|---|---|
| - | - | - | - | - | - | |
| - | - | - | - | - | - | |
| 17,693 | - | 113 | - | 17,806 | 20,761 | |
| 95,082 | - | - | - | 95,082 | 95,349 | |
| 43,233 | - | 18,544 | - | 61,777 | 62,555 | |
| 7,020 | - | 372 | - | 7,392 | 6,597 | |
| 624 | - | - | - | 624 | 822 | |
| 9,425 | 9,743 | 3,320 | - | 22,488 | 82,173 | |
| 7,222 | - | - | - | 7,222 | 4,935 | |
| 3,829 | - | - | - | 3,829 | 4,347 | |
| - | - | - | - | - | - | |
| - | - | - | - | - | - | |
| - | - | - | - | - | - | |
| 150 | - | - | - | 150 | 150 | |
| 184,278 | 9,743 | 22,349 | - | 216,370 | 277,689 | |
| - | - | - | - | - | - | |
| - | - | - | - | - | - | |
| 184,278 | 9,743 | 22,349 | - | 216,370 | 277,689 |
14
Parish of All Saints, Wellington With Eyton Notes to Statutory Financial Statements for Year Ended 31 December 2021
4 Allocation of Support Costs
Support costs comprise Trustee Training and Governance Costs etc. Due to the nature of the financial activities of the PCC, these would be allocated across Charitable Expenditure which comprises the majority of its expenditure and as such are automatically charged there.
5(a) Staff Costs
| Salaries Average no. of employees |
2021 | 2020 |
|---|---|---|
| £61,777 | £62,555 | |
| 7 | 7 |
During the year the PCC employed a Parish Administrator, Assistant Parish Administrator, Children's and Youth Minister, Families Outreach Worker, Church Cleaner and Parish Centre Cleaner and a Mission Enabler.
There were no employee benefits to key management personnel in the previous or current year.
The PCC use the National Employment Savings Trust (NEST) for its pension payments.
5(b) Trustees' Remuneration and Expenses
2 Trustees have been reimbursed £1,364 (2020 £6,597), for travel and subsistence during the year.
5(c) Related Parties
No other expenses were paid to any other PCC member, persons closely connected to them or related parties. Donations from related parties (PCC members) totalled £28,398 ( 2020 £29,880).
5(d) Fees for the examination of the accounts
| Fees for the examination of the accounts | |
|---|---|
| Independent Examiner's fees | 2021 £ 2020 £ |
| 150 150 |
6 Analysis of Transfer between Funds - 2021
| Addition to church projects Addition to quinquennial fund Addition to Boiler Fund |
Unrestricted £ |
Designated £ |
Restricted £ |
Total £ |
|---|---|---|---|---|
| (4,000) | 4,000 | |||
| (5,000) | 5,000 | |||
| (500) | 500 | - | ||
| (9,500) | 9,500 | - | - |
15
Parish of All Saints, Wellington With Eyton Notes to Statutory Financial Statements for Year Ended 31 December 2021
Analysis of Transfer between Funds - 2020
| Addition to quinquennial fund Addition to Boiler Fund Fixed Assets At Cost or Valuation As at 1 Jan 2021 Additions in the Year Disposal in the Year Value at 31 Dec 2021 ccumulated Depreciation As at 1 Jan 2021 Charge for the Year Disposals As at 31 Dec 2021 Net Book Value at 31 Dec 2021 Net Book Value at 01 Jan 2021 |
Unrestricted £ |
Designated £ |
~~Restricted~~ £ |
~~Total~~ £ |
|
|---|---|---|---|---|---|
| (5,000) | 5,000 | 0 | |||
| (500) | 500 | 0 | |||
| (5,500) | 5,500 | 0 | 0 | ||
| 51,527 661,014 - - - - 51,527 661,014 50,825 50,825 351 351 - - 51,176 51,176 351 609,838 702 610,189 Total £ Church Equipment £ |
|||||
| Freehold Buildings £ |
Church Equipment £ |
Total £ |
|||
| 609,487 | 51,527 | 661,014 | |||
| - | - | - | |||
| - | - | - | |||
| 609,487 | 51,527 | 661,014 | |||
| - | 50,825 | 50,825 | |||
| - | 351 | 351 | |||
| - | - | - | |||
| 51,176 | 51,176 | ||||
| 609,487 | 351 | 609,838 | |||
| 609,487 | 702 | 610,189 |
7 Fixed Assets
Accumulated Depreciation
Freehold buildings comprises the Parish Hall, Parish Hall extension, and land that is adjacent to the church. It is included in the accounts at historical cost. The PCC considers that current market valuation would be in excess of this cost.
Church equipment is valued at cost less depreciation at 25 %
| 8 (a) Debtors All unrestricted Gift Aid - All Saints Gift Aid - St Catherines Fees Other |
2021 £ |
2020 £ |
|---|---|---|
| 14,351 | 8,093 | |
| 1,380 | 1,604 | |
| (3,791) | (887) | |
| (2,735) | (3,279) | |
| 9,205 | 5,531 |
16
Parish of All Saints, Wellington With Eyton Notes to Statutory Financial Statements for Year Ended 31 December 2021
| Cash at Bank and in hand All unrestricted TSB Current Account TSB Savings Account (CAP) Barclays Account CBF Deposit Account |
2021 £ |
2020 £ |
|---|---|---|
| 64,563 | 49,322 | |
| 19,891 | - | |
| 8,950 | 9,673 | |
| 127,168 | 121,106 | |
| 220,572 | 180,101 |
8 (b) Cash at Bank and in hand
| Liabilities All unrestricted Amounts falling due in one year Accruals of Utilities Amounts Received in Advance Other Creditors |
2021 £ |
2020 £ |
|---|---|---|
| 2,381 | 479 | |
| - | 200 | |
| 22,118 | 22,313 | |
| 24,499 | 22,992 |
9 Liabilities
10 Summary of Assets by Fund - 2021
| Fixed Assets Current Assets Current Liabilities |
Unrestricted Funds £ |
Designated Funds £ |
Restricted Funds £ |
Endowment Funds £ |
Total £ |
|---|---|---|---|---|---|
| 207,115 | - | 402,723 | - | 609,838 | |
| 91,144 | 118,072 | 20,561 | - | 229,777 | |
| (21,706) | (2,593) | (200) | - | (24,499) | |
| 276,553 | 115,479 | 423,084 | - | 815,116 |
Summary of Assets by Fund - 2020
| Fixed Assets Current Assets Current Liabilities |
Unrestricted Funds £ |
Designated Funds £ |
Restricted Funds £ |
Endowment Funds £ |
Total £ |
|---|---|---|---|---|---|
| 207,466 | - | 402,723 | - | 610,189 | |
| 84,586 | 101,045 | - | - | 185,631 | |
| (22,992) | - | - | - | (22,992) | |
| 269,060 | 101,045 | 402,723 | - | 772,828 |
17
Parish of All Saints, Wellington With Eyton Notes to Statutory Financial Statements for Year Ended 31 December 2021
11 Summary of Fund Movements - 2021
| Unrestricted Funds Designated Funds Quinquennial Church Boiler Replacement Church Projects Bowls Fund Bells Fund Clock Fund Music Fund Organ Fund Lighting Project Youth Camps Discretionary Fund Legacy Restricted Funds Parish Centre Parish Centre Extension CAP Telford Debt Centre Mission Enabler Grant Other missions Total Funds |
Reserves at 01-Jan £ |
Incoming Resources £ |
Resources Expended £ |
Transfers £ |
Reserves at 31-Dec £ |
|---|---|---|---|---|---|
| 269,061 | 201,270 | (184,278) | (9,500) | 276,553 | |
| 5,961 | - | (579) | 5,000 | 10,382 | |
| 4,000 | - | - | 500 | 4,500 | |
| - | - | - | 13,135 | 13,135 | |
| 552 | - | - | - | 552 | |
| 241 | - | (114) | - | 127 | |
| 2,000 | - | - | - | 2,000 | |
| 1,288 | 295 | - | - | 1,583 | |
| 18,444 | 4,684 | - | - | 23,128 | |
| - | 6,600 | (6,600) | - | 0 | |
| 370 | - | - | - | 370 | |
| 7,753 | 3,099 | (1,150) | - | 9,702 | |
| 60,436 | - | (1,301) | (9,135) | 50,000 | |
| 101,045 | 14,678 | (9,744) | 9,500 | 115,479 | |
| 116,681 | - | - | - | 116,681 | |
| 286,042 | - | - | - | 286,042 | |
| - | 22,059 | (1,698) | - | 20,361 | |
| - | 18,915 | (18,915) | - | - | |
| - | 113 | (113) | - | - | |
| 402,723 | 41,087 | (20,726) | - | 423,084 | |
| 772,829 | 257,035 | (214,748) | - | 815,116 |
18
Parish of All Saints, Wellington With Eyton
Notes to Statutory Financial Statements for Year Ended 31 December 2021
Summary of Fund Movements - 2020
| Unrestricted Funds Designated Funds Quinquennial Church Boiler Replacement Bowls Fund Bells Fund Clock Fund Music Fund Organ Fund Puppets Fund Youth Camps Repair and Maintenance Discretionary Fund Legacy Restricted Funds Parish Centre Parish Centre Extension Repair and Maintenance Mission Enabler Grant Other missions Total Funds |
Reserves at 01-Jan £ |
Incoming Resources £ |
Resources Expended £ |
Transfers £ |
Reserves at 31-Dec £ |
|---|---|---|---|---|---|
| 272,548 | 200,599 | (198,586) | (5,500) | 269,061 | |
| 20,082 | - | (19,121) | 5,000 | 5,961 | |
| 3,500 | - | - | 500 | 4,000 | |
| 475 | 77 | - | - | 552 | |
| 241 | - | - | - | 241 | |
| 2,000 | - | - | - | 2,000 | |
| 1,138 | 150 | - | - | 1,288 | |
| 6,020 | 12,424 | - | - | 18,444 | |
| (23) | 23 | - | - | - | |
| 370 | - | - | - | 370 | |
| 1,979 | - | (1,979) | - | - | |
| 3,848 | 8,140 | (4,235) | - | 7,753 | |
| 89,015 | 1,000 | (29,579) | - | 60,436 | |
| 128,645 | 21,814 | (54,914) | 5,500 | 101,045 | |
| 116,681 | - | - | - | 116,681 | |
| 286,042 | - | - | - | 286,042 | |
| 4,982 | - | (4,982) | - | - | |
| - | 18,915 | (18,915) | - | - | |
| - | 291 | (291) | - | - | |
| 407,705 | 19,206 | (24,188) | 0 | 402,723 | |
| 808,898 | 241,619 | (277,688) | 0 | 772,829 |
Designated Funds:
The quinquennial fund is used to pay for repairs as needed after the quinquennial inspections. The church boiler fund is being built up to enable us to have the funds when the boiler needs replacing. The church projects fund is used to pay for large refurbishment projects as needed The bowls fund is monies held on behalf of the bowls club
The bells fund is monies held to replace bell ropes etc when needed. The clock fund is held to help with repairs to the clock when needed. The music fund is held to replace music equipment when needed. The organ fund is being built up towards refurbishment of the organ. The youth camps fund is monies held to help young people attend a youth camp. The discretionary fund is monies held to be used at the discretion of the vicar. The legacy fund is the monies left from legacies.
19
Restricted Funds :
The parish centre fund represents monies raised to build the parish centre. The parish centre extension fund represents monies raised to extend the parish centre. The CAP Telford debt centre fund is monies held on behalf of CAP Telford
12 SOFA Comparatives
(previous year) Incoming Resources Donations and Legacies Charitable Activities Other trading activities Investments Other Resources Expended Raising funds Charitable Activities Other Net gain/(losses) on investment Net Income/(Expenditure) Transfer between Funds Net Movements in Funds |
Unrestricted Funds £ |
Designated Funds £ |
Restricted Funds £ |
Total Funds £ |
|---|---|---|---|---|
| 186,390 | 21,815 | 19,206 | 227,411 | |
| 3,940 | - | - | 3,940 | |
| 2,394 | - | - | 2,394 | |
| 545 | - | - | 545 | |
| 7,330 | - | - | 7,330 | |
| 200,599 | 21,815 | 19,206 | 241,620 | |
| - | - | - | - | |
| 198,586 | 54,915 | 24,188 | 277,689 | |
| - | - | - | - | |
| 198,586 | 54,915 | 24,188 | 277,689 | |
| - | - | - | - | |
| 2,013 | (33,100) | (4,982) | (36,069) | |
| (5,500) | 5,500 | - | - | |
| (3,487) | (27,600) | (4,982) | (36,069) |
20
PARISH OF ALL SAINTS, WELLINGTON WITH EYTON
| All Saints, Wellington Incoming Resources 2021 2020 Donations and Legacies Tax efficient planned giving 118,160 118,094 Other planned giving 7,162 7,632 Collections at services 945 1,441 All other giving 17,218 11,572 Gift Aid recovered 32,541 32,768 Grants 18,915 18,915 194,941 190,422 Church Activities Fees 5,593 3,508 Other Trading Activities Parish Centre lettings 4,332 1,155 Social Activities - 595 Bookstall - 87 Toddler Group 520 557 4,852 2,394 Bank Interest 53 429 HMRC Furlough Receipts 4,953 7,330 Total 210,392 204,083 Expenditure Missionary donations 17,693 19,575 Additional Missionary Giving 113 236 Parish Share 92,149 92,149 Salaries 61,777 62,555 Church Activities 4,274 3,586 Leaving Gift 1,623 - Office Expenses 2,568 2,511 Church mission and outreach 623 822 Church running expenses 7,388 7,256 Depreciation 351 707 Church utility bills 6,990 4,666 Bookstall - 100 Parish Centre maintenance 2,960 2,967 Social Activities 488 641 Toddler Group 381 639 Governance costs 150 150 199,528 198,560 Net figure 10,864 5,523 Additional Income- Designated Funds Discretionary Fund receipts 3,098 8,140 Legacies received - 1,000 Grants for lighting project 6,600 - Donations to puppets fund - 23 Donations to music fund 295 150 Donations to bowls fund - 77 Donations to Organ Fund: 4,684 12,425 14,677 21,815 Additional expenditure - Designated Funds Discretionary Fund expenditure 1,150 4,236 Lighting project 6,600 - Bells 114 - Quinquennial expenditure 579 19,121 Expenditure from legacies 1,300 29,579 9,743 52,936 Restricted Funds CAP receipts 22,059 - CAP payments (1,697) - 20,362 - Net Result for the Year 36,160 (25,598) |
St Catherine's, Eyton | |
|---|---|---|
2021 2020 3,060 3,680 560 720 2,011 2,689 1,990 6,505 1,341 1,580 - - |
||
| 8,962 15,174 |
||
| 834 432 - - 1,721 - - - - - |
||
| 1,721 - |
||
| 10 116 - - |
||
| 11,527 15,722 |
||
| - 895 - 55 2,933 3,200 - - - - - - 550 500 - - 1,686 21,274 - - 232 269 - - - - - - - - - - |
||
| 5,401 26,193 |
||
| 6,126 (10,471) |
||
20
| PARISH OF ALL SAINTS, WELLINGTON WITH EYTON SUMMARY OF MISSION AND CHARITABLE GIVING FOR THE YEAR ENDED 31 DECEMBER 2021 Missions Missions From Church Funds :- Abroad at Home Africa Inland Mission 1,550 - Associate in Mission 300 - Bless Network 750 - CAP Debt Centre - 2,500 Church Army - - Church Mission Society 800 - Church Pastoral Aid Society - 500 Compassion 1,000 - Embrace - - Good News for Everyone 400 400 Home for Good - 750 KIP Project - 800 Macnamara family 500 - Maninplace - 1,050 Mission Aviation Fellowship 700 - Naomi's Village 1,000 - Open Doors 1,000 - Resource - 500 STAY - 400 Telford Christians Together - 700 Telford Street Pastors - 400 Tear Fund 700 - The Leprosy Mission - - YMCA - 1,243 8,700 9,243 From Special Collections and Donations :- Bishops Ordination Candidates Fund :- 113 Home for Good - - Mayor's Charities - - 0 113 Total paid to Missions 8,700 9,356 |
PARISH OF ALL SAINTS, WELLINGTON WITH EYTON SUMMARY OF MISSION AND CHARITABLE GIVING FOR THE YEAR ENDED 31 DECEMBER 2021 Missions Missions From Church Funds :- Abroad at Home Africa Inland Mission 1,550 - Associate in Mission 300 - Bless Network 750 - CAP Debt Centre - 2,500 Church Army - - Church Mission Society 800 - Church Pastoral Aid Society - 500 Compassion 1,000 - Embrace - - Good News for Everyone 400 400 Home for Good - 750 KIP Project - 800 Macnamara family 500 - Maninplace - 1,050 Mission Aviation Fellowship 700 - Naomi's Village 1,000 - Open Doors 1,000 - Resource - 500 STAY - 400 Telford Christians Together - 700 Telford Street Pastors - 400 Tear Fund 700 - The Leprosy Mission - - YMCA - 1,243 8,700 9,243 From Special Collections and Donations :- Bishops Ordination Candidates Fund :- 113 Home for Good - - Mayor's Charities - - 0 113 Total paid to Missions 8,700 9,356 |
PARISH OF ALL SAINTS, WELLINGTON WITH EYTON SUMMARY OF MISSION AND CHARITABLE GIVING FOR THE YEAR ENDED 31 DECEMBER 2021 Missions Missions From Church Funds :- Abroad at Home Africa Inland Mission 1,550 - Associate in Mission 300 - Bless Network 750 - CAP Debt Centre - 2,500 Church Army - - Church Mission Society 800 - Church Pastoral Aid Society - 500 Compassion 1,000 - Embrace - - Good News for Everyone 400 400 Home for Good - 750 KIP Project - 800 Macnamara family 500 - Maninplace - 1,050 Mission Aviation Fellowship 700 - Naomi's Village 1,000 - Open Doors 1,000 - Resource - 500 STAY - 400 Telford Christians Together - 700 Telford Street Pastors - 400 Tear Fund 700 - The Leprosy Mission - - YMCA - 1,243 8,700 9,243 From Special Collections and Donations :- Bishops Ordination Candidates Fund :- 113 Home for Good - - Mayor's Charities - - 0 113 Total paid to Missions 8,700 9,356 |
PARISH OF ALL SAINTS, WELLINGTON WITH EYTON SUMMARY OF MISSION AND CHARITABLE GIVING FOR THE YEAR ENDED 31 DECEMBER 2021 Missions Missions From Church Funds :- Abroad at Home Africa Inland Mission 1,550 - Associate in Mission 300 - Bless Network 750 - CAP Debt Centre - 2,500 Church Army - - Church Mission Society 800 - Church Pastoral Aid Society - 500 Compassion 1,000 - Embrace - - Good News for Everyone 400 400 Home for Good - 750 KIP Project - 800 Macnamara family 500 - Maninplace - 1,050 Mission Aviation Fellowship 700 - Naomi's Village 1,000 - Open Doors 1,000 - Resource - 500 STAY - 400 Telford Christians Together - 700 Telford Street Pastors - 400 Tear Fund 700 - The Leprosy Mission - - YMCA - 1,243 8,700 9,243 From Special Collections and Donations :- Bishops Ordination Candidates Fund :- 113 Home for Good - - Mayor's Charities - - 0 113 Total paid to Missions 8,700 9,356 |
ALL SAINTS ONLY Total 2021 1,550 300 750 2,500 - 800 500 1,000 - 800 750 800 500 1,050 700 1,000 1,000 500 400 700 400 700 - 1,243 17,943 113 - - 113 18,056 |
ALL SAINTS ONLY Total 2021 1,550 300 750 2,500 - 800 500 1,000 - 800 750 800 500 1,050 700 1,000 1,000 500 400 700 400 700 - 1,243 17,943 113 - - 113 18,056 |
Total | |
|---|---|---|---|---|---|---|---|
SUMMARY OF MISSION AND CHARITABLE GIVING |
|||||||
| FOR THE YEAR ENDED 31 DECEMBER 2021 Missions From Church Funds :- Abroad Africa Inland Mission 1,550 Associate in Mission 300 Bless Network 750 CAP Debt Centre - Church Army - Church Mission Society 800 Church Pastoral Aid Society - Compassion 1,000 Embrace - Good News for Everyone 400 Home for Good - KIP Project - Macnamara family 500 Maninplace - Mission Aviation Fellowship 700 Naomi's Village 1,000 Open Doors 1,000 Resource - STAY - Telford Christians Together - Telford Street Pastors - Tear Fund 700 The Leprosy Mission - YMCA - 8,700 From Special Collections and Donations :- Bishops Ordination Candidates Fund :- Home for Good - Mayor's Charities - 0 Total paid to Missions 8,700 |
|||||||
| at Home | 2020 | ||||||
| - - - 2,500 - - 500 - - 400 750 800 - 1,050 - - - 500 400 700 400 - - 1,243 |
1,500 - 750 2,500 500 1,500 700 - 750 1,000 1,000 1,000 - 500 1,075 1,000 1,000 - 500 1,000 500 900 900 1,000 |
||||||
| 9,243 | 19,575 | ||||||
| 113 - - |
0 25 211 |
||||||
| 113 | 236 | ||||||
| 9,356 | 19,811 |
21
PARISH OF ALL SAINTS, WELLINGTON WITH EYTON CALCULATION OF MISSION TITHE FOR THE YEAR ENDED 31 DECEMBER 2021 ALL SAINTS ONLY
| Donations and legacies Additional mission giving Donation for leaving present Grants Fees Parish Centre lettings Legacy received Mission tithe from 2021 paid in 2022 Mission tithe from 2020 paid in 2021 |
2021 2020 194,941 190,422 (113) (236) (1,623) - (18,915) (18,915) 5,593 3,508 4,332 1,155 - 1000 184,215 176,934 18,421 17,693 |
2020 |
|---|---|---|
22