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2021-12-31-accounts

PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, SURBITON HILL WITH EMMANUEL, TOLWORTH

ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

Background

The Parochial Church Council (PCC) of Christ Church, Surbiton Hill with Emmanuel, Tolworth has the responsibility of co-operating with the parochial clergy staff in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the church premises at Christ Church and Emmanuel.

Membership

Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting in accordance with the Church Representation Rules. The following were the members of the PCC at the end of the year:

Christ Church representatives Emmanuel representatives
Chairman: John Shepherd Bart Erlebach
Voting members: Sara Animashaun Sue Gould
Aneal Appadoo Amanda Kresinska
Emmanuel Baikie John Newell
Jon Barks Cara Rodger
Jess Dunn Colin Rodger
Rob Dunn Steve Walden
Mojgan Maramba Joanne Walpole
Ian Metcalfe Andy Whelan
Dermot O'Brien Yvonne Wilkinson
Gof Vosper
Sue Watson
Andy Young
Catherine Young
In attendance Paola Leverick Chris Bruce
Emma Purkess Jen Manhire
Steve Weston

Organisation

The two churches within the parish operate largely independently of each other and the PCC has approved the maintenance of separate financial records and separate treasurers for each church. These combined accounts are produced in order to comply with the requirements of Section 132 of the Charities Act 2011 and the Church Accounting Regulations 2006.

Meetings

The PCC holds two full meetings each year, one before and one after the APCM. Further meetings each year are held at each end of the parish, intended primarily for those members most associated with one or other church. Separate reports detailing the proceedings at these meetings are presented at the APCM.

Review of the year

Separate reports encompassing the major activities of each church during the year are presented at the APCM. These will include separate summary financial accounts and treasurers' reports.

Signed on behalf of the PCC

The Revd J Shepherd 28 March 2022

INDEPENDENT EXAMINER'S REPORT TO THE PCC OF CHRIST CHURCH, SURBITON HILL WITH EMMANUEL, TOLWORTH

I report on the accounts of the PCC for the year ended 31 December 2021, comprising the Statement of Financial Activities, Balance Sheet and Notes.

Respective responsibilities of trustees and independent examiner

The members of the PCC consider that an audit is not required under section 144(2) of the Charities Act 2011 ("the 2011 Act") and that an independent examination is needed.

It is my responsibility to examine the accounts under section 145 of the 2011 Act, to follow the procedures laid down under the General Directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act, and to state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission.

An examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the members of the PCC concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts.

Independent examiner's statement

In connection with my examination, no matters have come to my attention:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts

Ian Gardiner April 2022

PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, SURBITON HILL WITH EMMANUEL, TOLWORTH

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

Note
Incoming Resources
Incoming resources from donors
2(a)
Other voluntary incoming resources
2(b)
Income from charitable and ancillary trading
2(c)
Income from investments
2(d)
Total Incoming Resources
Resources Used
Grants
3(a)
Activities directly relating to work of church
3(b)
Fund-raising and publicity
3(c)
Church management and administration
3(d)
Total Resources Used
Net Incoming Resources
Balances brought forward at 1 January 2021
Increase in valuation of land and buildings
Transfers between funds
Balances Carried Forward at 31 December 2021
Unrestricted
Restricted
Total Funds
Total Funds
Funds
Funds
2021
2020

£
£
£
£

265,124
56,176
321,300
378,424

1,833
21,387
23,220
6,337

4,725
0
4,725
5,912

32
0
32
129
271,714
77,563
349,277
390,802

22,529
45,009
67,538
63,558

191,820
125,282
317,102
203,530

1,614
0
1,614
972

47,745
0
47,745
40,406
263,708
170,291
433,999
308,466
8,006
(92,728)
(84,722)
82,336
427,873
266,580
694,453
601,531
5,804
0
5,804
10,586
(28,533)
28,533
0
0
413,150
202,385
615,535
694,453

PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, SURBITON HILL WITH EMMANUEL, TOLWORTH

BALANCE SHEET AS AT 31 DECEMBER 2021

Note
Fixed Assets
Tangible fixed assets
4
Current Assets
Debtors
6
Short term deposits
Cash at bank and in hand
Liabilities: Amounts Falling Due Within One Year
7
Net Current Assets
Net Assets
Funds
Unrestricted
5
Restricted
5
2021
2020
£
£
347,239
341,435
4,069
27,098
86,217
45,559
193,446
311,321
283,732
383,978
(15,436)
(30,960)
268,296
353,018
615,535
694,453
413,150
427,873
202,385
266,580
615,535
694,453

Approved by the Parochial Church Council on 28 March 2022 and signed on its behalf by:

The Revd J Shepherd

Notes 1 to 7 form part of these accounts

PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, SURBITON HILL WITH EMMANUEL, TOLWORTH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1. Accounting Policies

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the SORP 2015.

The financial statements have been prepared under the historical cost convention and on an accruals basis.

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.

Consecrated and beneficed property is excluded from the financial statements in accordance with Section 10(2)(a) and (c) of the Charities Act 2011.

No depreciation is provided on freehold land and buildings. Instead, such assets are revalued by the PCC on an annual basis, and the change in the valuation in each year is included in the Statement of Financial Activities.

No value is placed on moveable church furnishings, which are held by the churchwardens on special trust for the PCC and which require a faculty for disposal, since the PCC considers this to be inalienable property.

All expenditure incurred during any year on consecrated or beneficed buildings and moveable church furnishings, whether maintenance or improvement, is written off in the year. All individual items of equipment with a purchase price of £5,000 or less are written off in the year of acquisition.

No value has been attributed in these accounts to intangible income, being the value of donated assistance that the PCC would otherwise have had to purchase, as, in the view of the PCC, this is not readily quantifiable.

2. Incoming Resources
(a) Incoming resources from donors
Planned giving:
Gift Aid donations
Income tax recoverable
Other planned giving
Collections (open plate) at all services
Gift days
Sundry donations
(b) Other voluntary incoming resources
Donations, appeals and other income
Legacies
(c) Income from charitable and ancillary trading
Church and hall lettings
Fees
(d) Income from investments
Dividends and interest including reclaimed tax
Total Incoming Resources
Unrestricted
Total Funds
Total Funds
Funds
Restricted
2021
2020
£
£
£
£
206,785
10,770
217,555
284,238
44,681
7,685
52,366
63,207
10,987
0
10,987
10,559
2,671
0
2,671
2,201
0
37,721
37,721
17,969
0
0
0
250
265,124
56,176
321,300
378,424
833
21,387
22,220
6,337
1,000
0
1,000
0
1,833
21,387
23,220
6,337
3,869
0
3,869
4,560
856
0
856
1,352
4,725
0
4,725
5,912
32
0
32
129
32
0
32
129
271,714
77,563
349,277
390,802

PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, SURBITON HILL WITH EMMANUEL, TOLWORTH

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021

3. Resources Used
Unrestricted Restricted Total Funds Total Funds
Funds Funds 2021 2020
£ £ £ £
(a) Grants
Missionary and charitable giving 21,279 45,009 66,288 61,308
Christ Church & Grand Avenue Schools 1,250 0 1,250 2,250
22,529 45,009 67,538 63,558
(b) Activities directly relating to the work of the church
Ministry: diocesan pledge
148,300
Ministry: clergy expenses
896
Ministry: curate house running expenses/repairs
1,495
Church running expenses
19,105
Church maintenance/repairs/building works
11,434
Upkeep of services
6,199
Support costs
4,391
0
0
0
0
125,282
0
0
148,300
896
1,495
19,105
136,716
6,199
4,391
148,200
4,122
1,208
19,723
21,814
4,285
4,178
191,820 125,282 317,102 203,530
(c) Fund-raising and publicity
Outreach
1,614 0 1,614 972
1,614 0 1,614 972
(d) Church management and administration
Printing and stationery
Staff costs
Other administration
9,803
36,761
1,181
0
0
0
9,803
36,761
1,181
8,112
31,430
864
47,745 0 47,745 40,406
Total Resources Used 263,708 170,291 433,999 308,466

4. Fixed Assets For Use By The PCC

Cost or valuation
Valuation at 31 December 2020
Increase in valuation in the year
Valuation at 31 December 2021
Net book value
At 31 December 2021
At 31 December 2020
Freehold land
and buildings
£
341,435
5,804
347,239
347,239
341,435

The freehold land and buildings comprise the curate's house at 181 Elgar Avenue, Tolworth. The valuation is based upon the valuation as at 24 June 2021 for insurance purposes and is considered to be a fair estimate of the current value in use of the property for the purposes of the financial statements.

PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, SURBITON HILL WITH EMMANUEL, TOLWORTH

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021

5. Analysis Of Net Assets By Fund
Fixed assets
Current assets
Current liabilities
Fund balance
6. Debtors
Tax recoverable
7. Liabilities: amounts falling due within one year
Church organisations
Sundry creditors
Unrestricted
Funds
£
347,239
81,347
(15,436)
413,150

Restricted
Total

Funds
Funds

£
£
0
347,239
202,385
283,732
0
(15,436)
202,385
615,535
2021
2020
£
£
4,069
27,098
4,069
27,098
2021
2020
£
£
9,241
8,783
6,195
22,177
15,436
30,960