FREE CHURCH OF ENGLAND CONVOCATION CHARITY (1143120)
ANNUAL REPORT 2021
The Convocation (composed of bishops, presbyters, deacons and lay representatives appointed according to the Constitution, and in their capacity as Trustees) met on Monday 9[th] to Wednesday 11[th] May 2022 to discharge its responsibilities.
Reports were received detailing how the various office holders, committees and local congregations had fulfilled the charity’s object of advancing the Christian faith according to the principles and practices of the Free Church of England otherwise called the Reformed Episcopal Church. These were debated and accepted. Discussion groups and workshops were also held to help formulate a plan for future growth of the Denomination.
The Treasurer presented the accounts for 2021 which were agreed and accepted. The Trustees also agreed a budget and quota for the coming year.
Charity Registration No. 1143120
THE FREE CHURCH OF ENGLAND
OTHERWISE CALLED
THE REFORMED EPISCOPAL CHURCH
ACCOUNTS
FOR THE YEAR ENDED 31[ST] DECEMBER 2021
BK Plus Limited Accountants Azzurri House, Walsall Business Park Aldridge WS9 0RB
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FREE CHURCH OF ENGLAND - ADMINISTRATION
| RECEIPTS Balance brought forward National Savings FCE Central Trust dividends Transfers from Diocese PAYMENTS Subscriptions to Churches Together Subscriptions to Free Churches Group Subscriptions to / Thirtyone:eight (Safeguarding) Finance Management costs Accountancy charges General Secretary's office costs Honoraria - 6 people Misc. Balance carried forward |
2021 £ 25,435 43 16,404 4,100 45,982 - 888 304 410 600 3,850 9,080 - 30,850 45,982 |
2020 £ 26,456 211 13,123 1,616 |
||
|---|---|---|---|---|
| 41,406 | ||||
| 1,100 - 215 328 420 5,769 7,800 339 25,435 |
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| 41,406 |
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FREE CHURCH OF ENGLAND QUOTA - GENERAL FUND
| RECEIPTS Balance brought forward Donations Quotas Overseas quotas Other misc. income Gift Aid PAYMENTS Convocation Widows Outreach Donations General Misc Council meetings (3) Finance Committee meetings (2) Bishop's meetings (3) Other meetings Transferred to Training Account Transferred to Publicity and Publications Account Transfer to Church planting (Tithing) Balance carried forward |
2021 £ 5,047 45 7,900 - 150 - 13,142 2,428 -80 - - 2,333 - - 215 2,000 2,000 809 3,437 13,142 |
2020 £ - 360 13,000 - 25 - |
||
|---|---|---|---|---|
| 13,385 | ||||
| - 320 - - 2,616 - - 63 2,000 2,000 1,339 5,047 |
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| 13,385 |
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FREE CHURCH OF ENGLAND - PUBLICITY AND PUBLICATION FUND
| RECEIPTS Balance brought forward Bookroom Sales Transfer from Prayer book Fund Pay Pal Sales Donations Transfer from Quota General Fund PAYMENTS Printing of year books Cost of internet Pay Pal Fees and Postage Other publication costs 50 Copies of "Updated FCE History" Balance carried forward |
2021 £ 19,930 656 - 45 - 2,000 22,631 1,165 422 - 1,537 - 19,507 22,631 |
2020 £ 17,135 320 - 837 - 2,000 |
||
|---|---|---|---|---|
| 20,292 | ||||
| - 146 216 - - 19,930 |
||||
| 20,292 |
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FREE CHURCH OF ENGLAND – PRAYER BOOK FUND
| RECEIPTS Balance brought forward Transfer from Quota General Fund Sales PAYMENTS Transfer to Publicity and Publications account Balance carried forward FREE CHURCH OF ENGLAND – MISSIONARY FUND |
2021 £ - - - - - - |
2020 £ - - |
||
|---|---|---|---|---|
| - | ||||
| - - |
||||
| - | ||||
| RECEIPTS Balance brought forward Collections at Convocation Donations from churches PAYMENTS Donations to : Donations to : Balance carried forward |
2021 £ - - - - - - |
2020 £ - |
||
|---|---|---|---|---|
| - | ||||
| - - - |
||||
| - |
5
FREE CHURCH OF ENGLAND - TRAINING
| RECEIPTS Balance brought forward Transfer from Quota General Fund PAYMENTS Fees - Fees - Balance carried forward FREE CHURCH OF ENGLAND – CONVOCATION FUND RECEIPTS Contribution towards Convocation Hospitality Churches Central Trust Missionary collections Contribution from Quota - General Fund PAYMENTS Convocation Hospitality Travelling expenses Printing and incidentals Transfer to Missionary Fund |
2021 £ 2,000 2,000 4,000 - - 4,000 4,000 2021 £ - - - - - - - - - - |
2020 £ - 2,000 |
||
|---|---|---|---|---|
| 2,000 | ||||
| - - 2,000 |
||||
| 2,000 | ||||
| 2020 £ - - - - |
||||
| - | ||||
| - - - - |
||||
| - |
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FREE CHURCH OF ENGLAND - CHURCH PLANTING FUND
| RECEIPTS Balance brought forward Donation from Central Trust Transfer from Quota - General Fund PAYMENTS Church planting at:- Balance carried forward FREE CHURCH OF ENGLAND - EVANGELISM RECEIPTS Balance brought forward Donation from Central Trust PAYMENTS Payments towards Balance carried forward |
2021 £ 2,839 1,500 809 5,148 5,148 5,148 2021 £ 1,500 1,500 3,000 - 3,000 3,000 |
2020 £ - 1,500 1,339 |
||
|---|---|---|---|---|
| 2,839 | ||||
| 2,839 | ||||
| 2,839 | ||||
| 2020 £ - 1,500 |
||||
| 1,500 | ||||
| - 1,500 |
||||
| 1,500 |
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FREE CHURCH OF ENGLAND – BALANCE SHEET
| Balances as at 31st December Administration Fund Quota - General Fund Publicity and publication fund Missionary Fund Training Account Church Planting Fund Evangelism Account Rounding These are represented by: Lloyds Bank Ltd Pay Pal Account National Savings - Investment account National Savings - Bond Petty Cash - General Secretary Petty Cash - General Treasurer Overseas Accounts - Russia Overseas accounts - Brazil Sundry Debtors Deposits Creditors |
2021 £ 30,850 3,437 19,507 - 4,000 5,148 3,000 (2) 65,940 23,464 621 5,705 15,000 - 566 - 324 - 214 362 24,237 - - 2,345 65,940 |
2020 £ 25,435 5,047 19,930 - 2,000 2,839 1,500 - |
||
|---|---|---|---|---|
| 56,751 | ||||
| 15,212 621 5,662 15,000 -153 -160 214 362 22,863 1,103 -3,545 |
||||
| 56,751 |
- Under Charity Commission Schemes in connection with the sales of certain Churches, The Free Church of England Central Trust hold investments, the income from which is payable to the General Fund. On 31[st] December 2021 the value of these investments, including cash, was £372,063 (2020 - £354,425).
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We approve the financial information, set out on pages 2 to 8. We acknowledge our responsibility for the financial information, including the appropriateness of the applicable financial reporting framework and for providing BK Plus Limited with all information and explanations necessary for its compilation.
…………………………………………………… Bishop Primus …………………………………………………… General Secretary …………………………………………………… General Treasurer
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