**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 incurn￿nt. 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 PeO￿e 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 ServI￿S 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$ion's guidance on public benefrt in Thtr AdvanGem8nt of RelwJion forth? Public Benefft and have had regard to rt in their administration of the Charity. The trustees bel￿8 that. by promoting the work of thè Church tsf Englaftd in the E¢¢￿&￿981•Cal P8ri8h of All Saints. Welliwon with St Catherfne's. eyton it helps to prornot8 the whole mission of the Church (pastoral. evangeli6tic. soclal 8nd ecurnenicall more effectively. within the Ecclesiastical Parish, and that doing 80 It provid88 a t)enefrt to the publlc by.. Providing facllrtE5 for putthc worship. pastoral car8 aThY spiritual. rnoral and intelleLtual dèvelopment. tr*)thfOritBmem￿rs andforanyonevhK)w8hes to benafftfyrynwhattl￿ Churc offers", and Promoting Christian values and 8eTvice by mernbers ofthe Church in andtotheir oJmmuniti88, tt> th8 btrnefit of individua18 and sodety as a wholp. Achlevements and Perforniance Wornhlp amd Pray•r T￿ler Praise. W8dnesday Ivnthtim8, Surxlay ev8nirvJ. Explore. and Ignftt servicas restarted. A lot of flexi￿lty and mtivity demonstrated in a fange of indoor. outdoor. online, in p&son 8ervic88 as th8 Covid c4rcumstsnces fflfijthated through the year. Th8 piloted fomiat of Church Family Communion servit88 was r8vi6wed. and it was wjréed to make the thartrJ8 p*rnan8nt Ml•8lon and DFsclpl••hlp Took part in T8Wor¢kvAde"Do You l(now Him" m￿s1on and dv*opk88hip in￿8t￿-s8mjOn and small group matertal dr8WtvJ us d08erto J88US. Set up Ecochurth team and rn8d8 progr888 in Ecochurch audlt and In pursulng E￿chUr￿ accreditation. Car¥ieLI out discipthhip survey using Church of Et¥Jiat)d Developmènt T¢)ol- re8utts showed a high level of disople5hip engagement of th088 vtho completed survey. Living in Love and Faith COU￿ wa$ 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 Fr￿ndlY 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 Oulre*h 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$ equivale*t 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 i*iarity 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 inves*ment 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 rese￿8￿ 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 h￿h r8tum8 ar8 guarant88d at the expen88 of Ca￿tal. 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 Lti*fiekl Diocese whlch Includes the foll¢)wing". 'We aim to invest in companies that.. . VAII d￿￿lOp thelr businests in the intèrests of shareholders.. dernon5trate responsible ernployment practices.. . ar& conscientious con￿Ming issue5 Ot corpoiate g0veman￿. Ihe enwronmenl ar human nghts., ' are 5ensfF8¢5. th•TruJt••B and I Thech•rty'stluStÈe5arerespQll5ibleforlheprÈparat￿￿ttFthe￿￿￿ts.Trech￿￿vs1ruSl¢45c0nslde￿th*art audll LsnotraWr•dIotthi&yearuRdptSErU￿ l44ofth•£haYthsAdlOlll*hEthtskn)thrt￿1nd￿ndÉrt L4my rp5wnsWJHIty . tO¢x3minethe4rrcuntsL*idÈrsocUDn I45￿￿￿0￿rItSR%A ' tofol1¢rt*thÈw¢rEdwes&￿￿￿ hilhGtsiÈral L¥l¢[th￿￿￿*1he(h￿¢0MMknsth ItaWiDrlude5r0n5h*a￿Offt ofany uny5yal itErn5ordtsdO5ure51nt￿xCoUn and SEE￿￿￿expla￿l￿nsfromth￿tll&tée5(0nC?ThIn6￿nYsuth matters. ThÈprtÉÈdu￿￿￿￿￿rt4￿£nd￿ n￿rPrr￿kd IthÈevldèntÈYWw¢wW￿re￿l￿edlTh&ij￿d￿ andcan5P4Uen¥v￿Qp5nknn h0v*na5to**￿h￿rth￿arEw￿ts prelenta ￿￿￿a￿￿tal￿¥l￿¥¥IThJth￿rep￿rt IsllmthdtothtyE m3tteL55Et(Wllnthe5t4t•meTrtW￿. thÈatttsufitsdonotawJrf*lth the4cc￿￿tIng￿erry￿5 the4ccOuntsdonottDTn￿y￿th the wpIlca￿e requlrenithtstiliWththE*(Yrn ?Ddconfentof•c￿￿Thts 5etLwtlntheth¥r￿Q￿lAtth￿nts3￿j REPmsl Rq8ul•tknns2(￿oth￿￿￿aThè￿￿￿￿W￿e￿r1h91th*xC&¥J￿ts Yatnièartdf3WVtEwwhith hnot•rnitterL¢Jrt*dÈtEd ￿part0f a￿1￿JEPendqntWa￿lfftè1￿rt. . 2910412022 thanHIllCSMAFCMA Uchfield Dknc•sanÈoardof Finanr 5tMarfsHou5e.TheOow. UthflddWS13 7L ## **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 P*ri¥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 Re8tirt*l Fun Total 15.118 the Par£¥thk81 Church c￿1￿41 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