PORTIHWL OTThGe kl Annual2lep17rt 2020
Licensed Chapel in Albert Edward, Prince of Wales Residential Home
Reverend Canon Philip Masson Rectory
01656 786899
Bankers:
51 Mackworth Road Kings Hill Porthcawl CF36 5BP West Malling ME19 4TA
Amanda Needham, Volute Architects, 22 Merton Green, Caerwent, Monmouthshire NP26 5AT
cts & Constitution
‑ on through world wide mission. The object of the Parochial Church Council is to ensur
ether with the contents of Saint Mary's church.
It acts on behalf of the Province in paying the stipends of full time clergy.
for action on any matter referred to it under the Constitution.
The Revered Mark Broadway The Reverend Geoffrey C Lunn
Mr Kevin Boscott Mrs Ruth Birch 43, Prince Road 2 Ynyslas Kenfig Hill CF33 6ED Porthcawl CF36 3SS
ane Angell ex officio illian Davis Miss Denver Whale illian Edwards Mr Peter HenryE inda Fletcher Mrs Helen Owen ugh Moatt Mr Phillip Angell inda Fletcher Mrs Catherine Powell ugh Moatt Mr Clive Edwards obbie Owen arolyn Perren subwardens
ouncil met twice in person during the year and once via Zoom
There are 130 names on the 2020 electoral roll which is only partially complete
| 2019 | 2018 | 2017 | 2016 | 2015 | 20 | |
|---|---|---|---|---|---|---|
| r Communicants | 271 | 260 | 298 | 265 | 308 | 31 |
| ge attendance | 156 | 161 | 168 | 177 | 185 | 19 |
| sms | 9 | 15 | 12 | 13 | 16 | 2 |
| ings | 11 | 11 | 16 | 14 | 12 | 1 |
| als in church | 26 | 31 | 29 | 30 | 19 | 2 |
give an average attendance figure for the same reasons.. .
these as the seasons moved on. The weekly sheet went online so those with in
a slight relaxation of the rules meant I could broadcast a service from the Pari
our recognition of the dangers that Covid-19 and its variants still visits on our
the transition into the new Margam Area by January 2022 will help us do this.
THE PARISH OF NEwfoN NorrAGE, PORTHCAWL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020
THE PARISH OF NEwfoN NorrAGE, PORTHCAWL CONTENTS Statement of Responsibilities PCC Memb$ Independent Examinerfs Re Statement of Financia Actlvltles Balance Sheet Noles to the Finarrial Statements 5-11
THE PARISH OF NEWTON NorrAGE, PORTHCAWL STATEMENT OF RESPONSIBILrriES OF PCC MEMBERS Th& ffffjmbers present thglr teport along vlih the finandal stalem8nts of Ihe for the ar ended 31st December 2020. The financlal stataments hav8 been prepared In acConJare with th8 accountTrvJ polSdes set out in note 110 th¢ finala1 statements and compty th the Ghaws tnjst deed, applicable taw. and the 14uwem8nts of tho Charities SORP 2005 {A)nIng and ReportlrrtJ by Chari881, and complywth th8 Charitias (AOUnts and R¥ports) regulatlons 2008 issued under the Charftleg Act 2011. RESPONSIBIUTIES OF THE MEMBERS Thè tharitys members are responsible for preparlro the Statement of ResponbIl•S of PCC Membets and the financlal statements in acwrdance th applicable law and United Kingdom countlng SlaNlards IUnit8d Klngdom Generalty Accepted A¢counllro Praclice}. Th8 law applica) to tharftles In England 8nd WaS wtAre8 the meMbS to prepare finandal statornènls for ¥a¢h finanoal ygarwhkh gwe a true and fair vlew of the stale of the affairs of the charrty and of the Irmij resources and apFdicaUon of resources of the tharity for thal pariod. In preparfng these financlal ststements. the M8mb8rs are required to.. selec sultable accounting aThJ ih8n apPtyth consislenuy. m8k8ludgem8nts and a8Imates that are reasonable and prud stats whether 8PPticabl6 accounling Standards have been follovrnd. Sublt to any m8tar181 departures dlsdo*l and explain in the fina181 Stalemenls: prepare financial statements on the going concern basi$ unless il Is Inappropriate to presume Ihal the chty vhll continue in opfjration. The hrfembeTr are responst)le for keeping proper BGcountlw records that dlsdose reasonable acryjracy at any time the finanTh81 p0SOn ol th8 charity and enable them to ensure that tho financial stalernenls compty wth the Ch31ities Act 2011 afj the Charity (Accounts and Reports) Regulallons 2008. Tho Mgmbers are also responslbk for safeguardlng the assets of the charty ar hence for takiThJ rea3onabl8 steps forth¥ pvenOn and dotacllon of fraud and other irregulae$. Slgned by order of lh8 Morth Rector Dat• 25 Odober2
THE PARISH OF NEwfoN NOThAGE. PORTHCAWL INDEPENDENT EXAMINER5 REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER2020 I rewt to the charity trustees cn my examlnation of the accounis of the charity forth8 year and8d 31st December 2020, Ythlch are sel out po998 3 10 10 RESPONSIBILITIES AND BASIS OF REPOFrr As tha charivs truste8s you are responsibb for the prepnuC ofthg acwunts kn arxordance wlth the r•quirm•nt8 of the Chaiities Act 2011 fthe Art). I reptvt in respect of my examlnafjon of the charivs acwjnls calad out under section 145 of the Act and In ¢8frying out my exarninatlon I have foll¢Me(J all the applicable Directlons glven bythe Charity COrnnSon under section 14515Xbl of th8 AGt. INDEPENDENT EXAMINER'S STATEMENT I hav8 cornpleted myaxminalion. l ¢onfirm that no maknial matters have (xffi? to my atten0 In nnectlon vlth the exarnination gNiro ma coUS8 to bolitive that in any materfal respert.. anfjng records s%tre not kept In re4)ec ofthe c9rity a$ rwuwed by seciim 130 of the Act.. or th• o¢¢ounts do not accord %Mth thoso rfj¢tyds', or tt18 accounts do not comptyvAth Ihe apSleabl¥ requirements Conc8ms th8 fomi and of accounts sot out In the ChariUes (Accounts Raportsl Regthations 2008 other than any requirement that the accounls give a Ift and fairM* thIch is not a mattar ¢on$idered a8 part ol an Independ8nl examin8ti0n. I have no concgms have come acmss no other mattgrs In connecticfi wth th8 axaminatlon to which 8tt•nllon thould be dr In Ihls rerx)rt to enable a proper uThJ8rstaThJirwJ of the a(tounts to bè reached. Katherine R Ang•ll ACCA 25 October 2021
THE PARISH OF NEwfoN NorrAGE, PORTHCAWL BALANCE SHEET AS AT31ST DECEMBER 2020 2020 2019 Flxed Agsets TarvJlble assets Investrnants 120,000 511.884 120.000 475,308 631,684 595,308 Cun•ntAss•ts D8btors Cash at Bank 179,896 183.718 179,886 183,718 CuTrent Llabllltl•s Creditors Current Ass•ts 178,640 183,718 Total As$ots Loss Curr•nt Llabllllts8 810,324 779,026 Fund$ Ggngral Designatsd Restrided 90.060 161,967 558,297 108.452 194,153 476.422 810.324 779,026 Thèsè financial statefflents were approvod and *gned by the Parochial Church Qnl 25 October 2021. Rector- Canon Masson Trnasurer- Dr P Smart
THE PARISH OF NEwfoN NoAGE, PORTHCAWL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2020 Unr•strlct•d Funds ReBlrlct8d TOTAL 2020 TOTAL 2019 Fund• Note Gworol Dotylgn•tod Ineoming Rewurc•• Voluntary Incom8 Genera Income Investrnent Income 84.332 17I75 11.040 11.772 96.104 17.675 47.616 104,672 43,762 86.0 1094 34A81 Totd InrLJming Resourc 113.247 161,594 234.794 Resourcu Expended Costs otgeneralng fvnd8.' sts of genernung voluntary ino)me Charit8big ¥it*S 11058 130.297 163,023 Total R850UTce5 Expended 111.839 18,658 130.297 163.023 N•t lne0m1nIoOIng) R•sour Befor• Transfers 1.608 27.595 31297 71.771 Transfers ben funds {20,0001 1¥280) S4280 Net In¢¢mingllOutgoing) Rè$wr¢•• B•forn Oth•r R•MgnlS Galns & 118.3921 132.1881 BI75 31.297 71,771 Other RegnIsl Galns & Losses N•t monI in Fund¥ {18.3921 (32,1861 81.875 31.297 71.771 Reconcllladon of Fund T¢)tslfunds broughtforw8rd 101.452 194.153 47fjA22 779.026 707.255 Total Funds Carrted FonY•rd 558 779,Iy26 The Statement of F¥ianoal Ach"vltbs Indudes all galns and h)sses in the y&ar. All of tha abova amounis tslat8 to ntinuing activiti95.
THE PARISH OF NEwfoN NOTTAGE, PORTHCAWL NOTES TO THE Accouiifs FOR THE YEAR ENDED 31ST DECEMBER 2020 11 A¢Gowrtlng Polkl•¥ Th8 Accounts have be8n ppal underthe historical cost wnvonuon and th apkabIaC0jun1rlJ standards. In preparfna the ststoments the ch8rftyfo1llg b851 pradc8 8s10 down In the Statement of Rectffimend Pr8cbc8'AccountSTrJ 8nd Reportlry by Ch8rft(Ès' ISORP 2ryJ51 issu8d in March 2005. R¢strlctÈd Fund These c8n onty te used lor the purp088s forwhlth Ihe fvndswere 91. The Parish has s•vwal gJch fiJnd5. deta15 ofwhkh ore $8tout In note 9 of the accounts. D••lwat•d Fund• The PCC can deslgnats some ofthe uN6slrf¢t8d funds for 8 plwLqr purkr•89. These hJn(ts remaln part ol the unr&8trKt8d fund5. The ParL8h hgs $evernl 8u¢h dew8ted funds, the detsls ofwhlch aro sel ou in note 9 of the co)unl8. Unrgstrthd fuThJ$ are8Valble ftJrus att1 dlscrelcffl of th8 PCC m8mb¢r8 In fwthwance ofthe genwal acUvltk86 of the charity. Rasourc•s Expended Thechureh ift Wales MInty conthbution paid wularfyand is in thefinandal sta18m9nts frjrthe year to rdates. R•sourc8s expended are r8cogni88d In the pgrh)d to wlch they are IwrrgJ aThJ Indu¢e attAtthableVATvthkh nnot be r0ver1. They are 8lk)¢)ted to the partsl#r a¢bvityto hvhith Ihey relate. GoverTr8nC8 CXJ8ts represenl dlwt endlre on the g0veman oflheehureh. indlIr yoducticn aLh4itofthe rin8wal $tstg[rrts. As 10t the mana9emwt ar%J the churGh15 out byvolunteer8, th1$ kntsTrJ19 wst ts not Irknd Mi the finan6AI stst•nènts as th voluntary contritr#Jlon b thg Iwg of the church Is InCalcubb. Flx•d A88•ts assèts arè rcidÉd atctssL Incomlng Rosourc•# I Irwnsro resources 8re IndJ kn the 8tsteRnt of IhTranclal 4ctiv11168 when theeharty is en'ed to the inc4Th th• arUnt can quallfl8d wlth r8a50nat48 acwacy. Tha f0knng sp8clftc polk& are applied to partiuAar Catege$ of Iwmw. l) AJI volunlary gng[s In Ihe flr¢n¢èl Statents for [0 in whlch f( refved. 111 r)naIlor under Gfft Flus the 8880clabJ lax rerthery are wogns&l a5 inGorne when lh8 dDnatbn Is recefve(J. 111) Legacles we accountwj foras and whon th9 racaipt 1$ c8rtoln 8nd ¢n bè pr0F4rfyquani*1.
THE PARISH OF NEWTON NorrAGE, PORTHCAWL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020 11 A¢¢ountlwvJ Polklgs 1¢ontIndI Inw••tm8ntg ReallJ galns 8nd k)tses on inv#tm?nts ar& calgJkW as the dlfferenc b8h¥8en the sa$ procwjs their rMrk8t V81ue at ts $tsrt of the wr. or thelr sutywjuent LW aTrJ 8re charged ¢x ¢redit&J to the Statementof Financial AcUvlUe81n the y&ar of dlspo8al. Unrebl•J galn5 and losses wre5enlthe rnovernent In the ftMrk•t ¥u•S durlng the year ond are U8dtsd or charg&Y ti Sla19t01 Actfvll•s basèd on the marketvalua at Ihe year 8nd. Taxatlon As partofth• In Wa198. Ihe ¢hur¢h Is an excapt#J Gh8rftythln the rneantr)o ol the Aeis. AeetrdIty It b KKtenlklly exanptfrom 18>2tion In respeth of and capltal galn$ recalved Io Iho extent Ihatsuch Irwme orgalns are 8ppllad to excJ$lvety charItae purpos85. No prOvtOn fort8p2tbn has made wi Ihese firAncBI 8tatewwt 21 V01)ry tncomo UnY¢*tri¢tèd Funds RO•t¢t Fund$ Total Funds 2020 Total FuTrJs 2019 Gen•ral O•slqnat•d Dona¢lons PLgnned Looso ci41actions Ch8ritab18 givlrg wl1j and funw81 f8e5 Donation- Tr8rLo Bay Churd) Oth8r Dona Tax refuTrJs $3,492 53A92 8.890 1,151 7.087 S3,497 15A74 3,127 9.821 12 1.600 1,150 7AIB7 1685 13,778 9,016 11,701 13,718 13.642 R•sources Exponded 332 104 672
THE PARISH OF NEwfoN NOTTAGE, PORTHCAWL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020 31 Incomino R•ovr¢•# from A¢tiwitl•• forG•n8ratino Fund Unrostrl¢t¢d Funds R¢stsld•d Funds Total Funds 2020 Total Funds 2019 G•n•r41 Sthn$ Si Davbjs I Salnts St John Schootrwm I Salnts, Hal St DavJs Hall 200 Club Plagazine 10.$63 2.141 4.175 905 10,033 11,100 2,136 2.7D8 326 326 710 5.081 6075 1,410 1,873 710 5.081 8A7S 1.410 1.873 R•8ourc•8 Expnd 43,762 4) Inbw•tsngnt Inc0 Unrt$tri¢ted Fund• Reslri¢ted Fund• Totsl Fund• 2020 Tot81 Funds 2019 Ggnor41 Doslgnatsd Ran1 irto Bank Intsresl rvatI8 9,882 1.158 9.882 1.357 8.257 11.739 89 8257 10,719 20,560 38,474 Profil an s818 of ivasknent IDec¥o8seylncrea58 in mark81 value oflNeslm8nts 1.984 2e.135 28.119 Sl Cost• of Ch•rftabl• Act1¢1•8 by Fund TTr• Unrn$trf¢t•d Funds Totsl Funds 2020 Total Funds 2019 Funds G¢ner•l D•$lgnat•d MlnLBty- Quot8 Mini%try- Quots refvjnds Mlnl$try- Qergy 8xpen888 Cost of church acmles (Noe8 12) Charttaè giv4ng 80.350 122,9261 1,839 3.724 48.526 125 80,350 1219261 1.839 3.724 62228 5,OB1 76,&56 13.7951 4.457 4.10 82,722 11.7181 11702 4956 111M39 1&058 130297 163,023 81 Staff Costg and Emolumon¢• Partl¢uknrs of Emplos No salarles orwages have been pald lo empbyee5. Indudlr¥J th8 p8rocNal church ¢wndl, durlrvj the
THE PARISH OF NEwfoN NOThAGE. PORTHCAWL NOTES TO TME ACCOUNTS FOR TrIE YEAR ENDED 31ST DECE•ER 2020 7) Tanglblo Flxad Au•t# Land & 8ulldlng$ Tolal Cost At 01 January 2020 Addrtion8 DIsFKJsal$ At 31 Deternr 2020 120,000 120.( 120.000 120,IM)O Not Book Valug At31 December2020 120,000 120MOO Porthraw. Th• Representa1 B¢xlyofthe Church In Wal09 Common Inv•skn•nt Fund 2020 2019 Mark81 value at 01 J8rnJary2020 Inv05tsnent knwrne Pmfft on dl8posal offund units pa to parf5h funds IDrea88nNea8e In unlts 47JJO8 8357 427,286 70,719 121.7101 38,474 28.119 Mvk•t nlu• at 31 De¢èmb•r 2020 511.6B4 475,308 Intrnents are made on bthalfofthe parfsh In the CDmrnon Inv851rn8nl FuThJ and we statad at lh8 mark8t valug ol £2.1175 per unlt at 31 Dacamber 2020 (31 Cwnkn2019.. £1.99631. Include¢ In the In$ent total is £20,40712019.. £12.1501 hekl in cash bythe R•pr•sonlAtfve Body of th• Churth h Wa185. IndLk1ed In th• knvestrn8nttotal at8 witsl and Incomo unRs wtth A vBIug of£447.5Cfj12019.. £421,8Wdl hdd in Iwust by the RBCW forthe Dr Ethel Davies-lfirrl88 fund, units a vduè 01 £34,e81 12019.. £32.8771 loith& Dawd Glan Evans fund, and units wllh 8 vakM of£9.109120f9.' £8.5881 forth St John'8 Churchyard AMaantl fund. als of In¥pMm•nts b•tEn fund Unfvstrietod Funds R•$trS¢tod Funds Total Fund8 2020 Totsl FuThYs 2019 Gon8ral D1qnatod RBCW CCInDn Inwslm8nt Fund ¥801 477M23 511,684 475J08 477 23 475,3
THE PARISH OF NEwfoN NOThAGE, PORTHCAWL IKITES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020 91 s•Mnt of FurMI$ Bal blh Inrxjmlrg Rey)urc85 Transfe Resour1 ExpeTrJ9d 8etwn R858FV85 Unrestrlcted kncom• Fund• General Furd3 DeskJnaW Funds David Gft Evarts Tru8¢ FurK1 The CdwglVParker Fund St John Baptst Churchyard Fu ¢IY PrortIa$ 108.452 113,247 1111.839 120.0001 90,060 32.877 34.189 7.287 120.LKID 1,984 91 19 34.661 1342801 120.orx) Total unr•strlct8d fvndB 30 111.6391 252,027 Restrlthd knc¢)mo Fd StJohn's Restorallon FuThY I Saints, Ro$k)ralon Fund St DaNid8 Restrxation FuThY St John Baptlst Churchyard Twst CohwdVP8rk8r Fund Dr Ethel Oavi95- Vlnw168 charttae FuTrJs 20.535 3,355 6.429 2,639 1.637 521 {11,4621 12,2401 IS,2 3.764 6.481 9,109 $4,280 467.914 1,257 8,588 54.280 434,043 5.057 33,871 1,156 {4.9561 Ti)tal reBlrlcbJ frJTrJs 476. 46,253 18.8581 558,297 Total Fund$ 130.297 810,324 Th8 PCC has 8etaskle fiJThYs ¢)ut ofuN85trk fijnds for speGthG purp0585,' th858 fur8 are now hdd as Designabj Th& Dr EtIW Dav105- Wn8r185 Fund and th? St John's ChwGhyard AfflalgaTrotwJ Fund gre hdd as Inv&8kn, 88 8et tyjt in mte 8 to Ihe accounts. The r4rish entiled to the Interest on trse funds, whlch Is to be appl1 for Ih m¥int8nanGe ol St Johns Church and the thurchrdrd raspedvgly. The c•p6ts1 in Iheso lund5 is hetd tytr R8pr88entslve BrNJy ol the Chureh in Walèson 81. Tha CoWIIP8rt(w FuTrJ exdusfvaty holds b8qU8sts glven forthe benefitofthe parish and h88 thethr• been r80$•d to Rtr5ct8d Fund8 In Ilne 1h thB Te51rictknn8 of bequests. 101 An•lyal• of Net A•s•ts B•lw••n Fund8 T8nolble Xed A888ts Inveslments Nat CAlent Assets Totsl Reslri¢Aed inwrne fvnds Unr85trIct&l Incon funds 477,023 34,861 81.274 97.386 558297 252,027 120.0 R•sowctt Exp•nd•d 20000 111 Tran•hrn 8elw••n Fund¥ Th8r8 re no trarthrs tets¥een durfrKJ tha year.
THE PARISH OF NEWTON NorrAGE, PORTHCAWL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020 121 Costs of Church Actmlles Total 2020 Totsl 2019 Fund• O¢n•1 O¢signated Fund* 4lnt•nanc8 of 8•rvlc¢$ AltsrrequSsrtes ganlsts, cPolrs, saubtsn8 Cl88nlrvJ H•at & LP4ht 144 144 446 2AS2 15396 2.521 2.838 17.120 2A52 15296 18,337 14337 25.383 Church Malntsnanc• 2.558 .860 5,973 2.SS8 14.613 8.213 2.388 5.926 36,336 72C 1,714 StJohn All Salrts St Davids 4,753 1240 20.T19 6.993 27.772 51.183 Prop•rty M•lnt¢nan¢¢ St John's Schox)Irwm St hn8 Churchyard All S8inL8' Hall St DaTrAd'$ C18rgy Hou585 1.605 6.709 ,314 1,172 412 413 1.821 3P13 1,709 10322 2.493 General Parish Expen¥e¥ PrInThJ & $tationery Olher expens•s Indepdent ey2mln¢es fg0S 3,206 1,601 1.000 3208 1,891 1.000 408 S.897 3.684 4L526
THE PARISH OF NEwfoN NorrAGE. PORTHCAWL INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2020 I report to the charlty trustees on my examinauon of the accounts of the charity for the year end8d 31$1 Decomter 2020. ore set on pages 3 10 10 RESPONSIBIUTIES AND BASIS OF REPORT As the charfvs trustegs you are responsit4e foi the preparatlon of the accounts In accordonce wlth the r4wr•ments of th8 ch00$ Ac¢ 2011 (Ihe Actr). I rèFort in resp8Ct of my Mination of the tharivs onIS carried out under seclion 145 of the Act and in ¢arryirvJ out rny examination I have followed all the applIcab Dirgdions &¥ven by tho Charlty Cornmi8sion under sect)n 14515llbl of thè ACL INDEPENDENT EXWAINER8 STATEMENT I have complèted my examlnation. I confirm that no material matters have c¢)me to my attention in )no¢bon wlth examination giviThJ me cause to belleve that In any material r8spo¢t'. accountirvJ records wero nol kept In re4)ect ofthe tharity as rewired by sOn 130 of the Ihe ocxx)unts do not aceijrd %Mlh those rg¢ord$', or th8 acojunts do not complywilh the applICab requlr8meftts concemiro th• fonn and content of acojunts set out in the Charities (Accounts and Roportsl R8gulètions 2008 other than any iequir•rnnl that the acojunts ve a'true and fairviewl vthich 18 not g nwlter ¢on8ldered 88 part of an independent ¢xamlnalK)n. I have no conce and havfj ¢ome acr055 rio olh8r matters In connecticfi the examlnat1c to whlch attenlion should be draw) in this Teport to enablo o proper undetand1r0 of a¢counts to be reathed. Kath•rln• R, thgell ACCA 25 Octob8r2021