# **ANNUAL REPORT** and **FINANCIAL STATEMENTS** of the # **PAROCHIAL CHURCH COUNCIL TRUSTEES** for the # **PARISH of WORTHING – CHRIST CHURCH** # **For the year ended 31[st] December 2020** Registered with the Regulator for Charities in England and Wales Charity Registration Number 1152846 ## **Minister:** The Reverend David Renshaw ## **Bankers:** Lloyds Bank, South Street, Worthing BOOM [Formerly West Sussex Credit Union] ## **Independent Examiner:** Paul Bernard Robinson MAAT FCIE Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane BOSHAM West Sussex PO18 8NF 1 ## **PARISH of WORTHING - CHRIST CHURCH** Registered Charity Number 1152846 ANNUAL REPORT and FINANCIAL STATEMENTS of THE TRUSTEES of the PAROCHIAL CHURCH COUNCIL of the ## **PARISH of WORTHING – CHRIST CHURCH** ## **Christ Church, Grafton Road, Worthing.** ## **Report for the year 2020 1[st] January to 31[st] December 2020** ## **Aim and Purposes** The primary objective of Christ Church is the promotion of the Gospel of Jesus Christ, according to the doctrines and practices of the Church of England. The Parochial Church Council [PCC] has the responsibility of promoting, in the ecclesiastical parish, the whole mission of the Church pastoral, evangelistic and ecumenical ## **Vision, Objectives and Activities** The mission of Christ Church is to live and show Christ’s love to the Parish and Community we serve to each other and to the town in which we live. The Benefice of Worthing - Christ Church came into being as the result of a Pastoral Scheme ratified by the Church Commissioners on 21[st] August 2018. The scheme came into effect on 1[st] September 2018. The primary objects of this new Parish remain as detailed above. In our Mission Action Plan, the PCC set out the following objectives: - Enabling as many people as possible to worship at our church, and - Enabling as many people as possible to become part of the parish community at Christ Church. The Minister, Churchwardens and PCC are Trustees of the Charity named Parish of Worthing – Christ Church, and they maintain an overview of worship, outreach and financial stewardship throughout the parish and make suggestions on how our services and stewardship can involve the many 2 groups and organisations that live within our parish. The PCC are mindful of scripture [Matthew 6 [NIV]] and in this context fulfil its direction as well as applying Charity law and legal statutes in relation to those in whom we serve in our Aims, Purposes, Objectives and Activities. The Minister is entrusted to look after the spiritual needs and growth of not only the congregation, but the whole parish which includes the Civic and Town Centre, the Town Hall, and its administrative buildings; all staff of the shops, offices, and commerce, including law enforcement, the people who travel to the town for shopping and for the holidaymakers. Christ Church is a town centre church with town centre aspirations of reaching out to all who live in and visit our parish. The Outreach committee plan the many activities throughout the year and when planning, our Minister and the PCC have consideration of the Charity Commissioners’ guidance on public benefit and the specific guidance on ‘charities for the advancement of religion’. We try to enable local people to live out their faith as part of our community through: - Worship and prayer; learning about the Gospel; developing their knowledge of, and trust in Jesus, - Provision of pastoral care for people living and working in the parish, - Mission and outreach work. ## **Our Service to the Community, Mission & Pastoral Care** Services, on alternate weeks, will be Morning Prayer and Holy Communion and begin at 10:30 am. On alternate Sunday Evenings there is a Book of Common Prayer Service and Thursday mornings a Book of Common Prayer Service Holy Communion which begin at 6:00 pm and 10:30 am respectively. All information is clearly displayed on the two Church notice boards to the east and west of the church building. Included on the boards are details of the Minister to contact, which includes the telephone number. There are other notice boards to inform the community of all other activities available throughout the week. The Church website is updated weekly to ensure the wider community have information relating to the services and wider information. A magazine is published monthly and delivered to the community. A pew sheet, which includes all services and activities is produced weekly. All of which is published on the Church website. There is also a facility, on the website, for folk to contact the Church laity or the 3 Minister for advice on weddings, funerals, christening, and historical matters relating to the Churchyard. ## **Church Life & Review of the Year** Following Government guidance which resulted in Church closure, due to the Coronavirus [Covid-19] pandemic, all services were cancelled. The final service was an evensong service on Sunday 15[th] March 2020, conducted by The Reverend Nancy Ford. From this date our Minister had a requirement to shield from the Covid virus and from October 2020 was unable to Minister through illness to date. Other activities were also curtailed from Monday 16[th] March 2020, due to the Coronavirus [Covid-19] pandemic which included fundraising for the various mission societies, the use of the church building by outside community groups, all coffee mornings and open church days, mid-week services and two booked baptisms. The Church, in normal times, is used for various activities integral to the life of the community. The effect of a ‘closed church’ from March has shown that those most affected, the vulnerable, have found it difficult to re-adjust. Normal procedural events, such as the Annual Parish Church Meeting [APCM], the election of Churchwardens and PCC trustees and the review of the Electoral register, due to be held on the last Sunday of April, were postponed until later in the year. During lockdown, the Church family pulled together a volunteer base to ensure that folk were linked to other members of the congregation. Being a mainly elderly congregation, and therefore in the vulnerable category designated by Government, some without the means of a computer or e-mail, arrangements were made to create a telephone buddy system of communication. Various blogs and information sheets were posted, hand delivered and sent via e-mail on a regular basis. These lines of communication extended beyond that of Church members. [Matthew 28 v19 – NIV] The Christ Church family are practical, faithful Christians who welcome visitors from within as well as outside the parish boundary. People attend by personal choice and, it is our pleasure to welcome any age from all walks of life to take part in the life of the church, to know the Lord and to want to 4 know the Lord through our actions, our scriptural life, and our services. Most of the Christ Church family have undergone familiarity sessions in understanding dementia and received their Dementia Friendly recognition. Christ Church will continue to offer use of the building to local community groups and pre-school. All meet without charge as the PCC deem this a community initiative and public benefit. The Church re-opened for private prayer on 28[th] July 2020, following the completion of a Covid Health & Safety Risk Assessment on 7[th] July 2020, which adhered to guidance, set out in the Bishops Ad-Clerum letter dated 1[st] July 2020, which also included guidance from the Church of England and HM Government. The Risk Assessment was submitted to the PCC beforehand. This quiet time of reflection and prayer has been well received with an average weekly attendance of 18. The PCC met on 18[th] August 2020 to discuss the planning, as detailed in the above Ad-Clerum and other guidance from Government, for the opening of the Church for weekly services. It was agreed unanimously by the PCC, that the Church should open for services from Sunday 13[th] September 2020, which was subject to a review of the Covid-19 Risk Assessment completed on 7[th] July 2020. A meeting was held by the signatories of the above risk assessment on 21[st] August 2020, and it was agreed, by the signatories, that the Church would be ready to open for services, providing the numbers attending were restricted and subject to control. These controls proved successful and those from the congregation who chose to attend were accommodated. It was with pleasure that we welcomed Tibor and his family. Tibor was baptised on 25[th] October 2020 within a service, accompanied by a small group of his relatives. Courtney and Tibor Snr continue to worship with us. The PCC also approved, subject to the above review, to accept a request from the Town’s Civic officials, who were unable to offer a Service of Remembrance at the Town Hall Memorial, because of Covid-19, to hold the service at Christ Church. Due to further Covid-19 restrictions, the service planned for 11th November 2020, was cancelled 5 The PCC also agreed that there should be an Annual Parish Church Meeting [APCM] on 18[th] October 2020, following the morning service. Despite Covid-19, there are, of course, significant changes afoot, and our Parish is currently in a good position to begin the new work, all due to the sale of the former Holy Trinity Hall and flat. A decision by the PCC to proceed with application for faculty and public consultation was agreed unanimously on 18[th] August 2020. Decisions made in faith to invest in people and to modernise our church building, point to a hopeful future, but will require continued prayer, guidance, and financial commitment from all of us to see it realised. The re-ordering of the west end of the building, was hoped to start in 2020, to enhance the community area already in place, but will now commence in 2021. Pews will be removed to allow a more open space, enhance the church interior, and enlarge the meeting area complete with a kitchenette facility in the North West corner. ## **Minister and the Parish Team** The Reverend David Renshaw. ## **Retired Clergy** The Reverend Alex Grubb The Reverend Canon Muriel Pargeter ## **Churchwardens** Mr Kenneth Hobbs Mrs Diane Askew to 18[th] October 2020 and Mr Steve Davis from 18[th] October 2020 ## **Laity** Mrs Janine Hobbs – Safeguarding Officer Parish Administrator/PCC Secretary Ms Ann Photiades Mr Steve & Mrs Karen Davis, Mrs Val Grubb and Mr Bob Perry – assisting in administration Mrs Lorraine Roberts – Verger Mr John Collins – Organist Mr Miles Young – Pianist Mr Kenneth Hobbs – Finance Dr John Bull – Publicity 6 ## **The role of the Churchwarden and the Vestry Meeting** Churchwardens are the Bishop’s Officers and senior lay representatives of the parish. The role is extremely varied but generally involves management, maintenance, and mission in accordance with the Churchwardens Measure 2001 and the Canons of the Church of England [Canon E1]. They are foremost in representing the laity and in co-operating with the Minister, and they have a duty to maintain order and decency in the church and churchyard, particularly during the times of divine service. In cooperation with the Minister, they are generally responsible for the dayto-day functioning of the parish. In relation to safeguarding, the churchwardens work with the Minister, PCC and parish safeguarding officer. They are charged with active participation in the Church’s mission – “…use their best endeavours by example and precept to encourage the parishioners in the practice of true religion and to promote peace and unity among them” • Ensure that in the period of a vacancy [during an interregnum], that the incumbent’s safeguarding roles and responsibilities are fulfilled, in consultation with the PCC, parish safeguarding officer and the rural dean, - Pay attention to the specific needs of children and vulnerable adults when - undertaking health and safety inspections and risk assessment; Ensure that risk assessments are carried out before new activities are undertaken, - Ensure that all parish activities with children and vulnerable adults are - adequately supervised and insured, - Ensure that the parish has procedures for responding to complaints and - grievances, - Answer questions regarding safeguarding as they arise in the archdeacon’s - visitations, and respond to any specific safeguarding advice, which may be given from the archdeacon, As to duties previously owed by the churchwardens with respect to: 7 [a] The financial affairs of the church including the collection and administration of all moneys raised for church purposes and the keeping of accounts in relation to such affairs and moneys. [b] The care maintenance preservation and insurance of the fabric of the church and the goods and ornaments thereof. [c] The care and maintenance of any churchyard [open or closed]...; as to any duties under enactments imposing duties on churchwardens, vestries, or church trustees; s.6[4] as to the duty to keep the diocesan authority indemnified; and as to the provision of financial statements to the annual parochial church meeting. In accordance with The Churchwardens [Appointment & Resignation] Measure 1964 replaced by the Churchwarden Measure 2001, a meeting is held separately, and the nomination is received by the Minister prior to the meeting, which is held no later than the 31[st] May [Rule change from 2020] and prior to the APCM. ## **Vestry Meeting held prior to the Annual Parish Church Meeting on 18[th] October 2020** Nominated at the APCM for 2020-2021 and elected were: ## **Mr Kenneth Hobbs and Mr Steve Davis** The Rural Dean acting on behalf of the Archdeacon of Chichester confirmed both in their roles as Warden from this date. ## **The Annual Parish Church Meeting [APCM] – & Parochial Church Council [PCC] Structure, Governance and Management: -** The PCC met four times during 2020 and the Standing Committee met twice. The average level of attendance at the PCC is given as 100% and at Standing Committee 100%. Various other committees delegated from the PCC were unable to meet because of Covid-19 restrictions. There was one exception, the Fabric Committee, who were able to meet to discuss the West end reordering, during to Government relaxation rules. 8 It is important to note that the APCM was scheduled to meet on 26[th] April 2020, but due to Coronavirus [Covid-19], the Church of England and HM Government delayed these elections, amended regulations, and laid Statutory Instruments, to allow Parishes up to and until the end of October 2020 to arrange their APCM, thus leaving those elected officers from the 2019 APCM still in post until an APCM was arranged for 18[th] October 2020. The PCC are the main decision makers of the parish. The PCC is made up as follows: - Clergy, Churchwardens, Deanery, and others elected by the APCM of the parish. Its powers and duties are defined by legislation and can principally be found in the Parochial Church Councils [Powers] Measure 1956. This responsibility, along with the Minister, is to promote the mission of God in the parish. Legally, the PCC is responsible for the finances of the parish. It also has ultimate responsibility for the care and maintenance of all church buildings and their contents. The Minster’s role is to provide leadership concerning safeguarding, and to encourage everyone to promote a safer church. Although these responsibilities are executed by the Safeguarding Officer, Minister and churchwardens, all PCC members share in the oversight of the Charity. The PCC has a voice in the forms of service used by the church, with the guidance from their Minister, and may make representations to the bishop on matters that affect the welfare of the parish. The PCC is registered with the Charity Commission as required by the Charities Act 2011. It must comply with the Charity Commission guidance and legislation in relation to registered charities. Every member of the PCC is also a charity trustee and has collective responsibility for the decisions and actions taken on behalf of the charity and the church fellowship. Membership of the PCC and Standing Committee is determined under the Church Representation Rules – Appendix II Rule 13 & 14 [a] [b], according to Electoral Roll [ER] numbers for the whole Parish. The PCC would consist of ex-officio members [Incumbent, Priest-in-Charge, Curate, and those licenced to officiate in the church], the Churchwardens and members of the Deanery, plus readers and members of the Church. [Those in parentheses would not be entered onto the ER] 9 From 8[th] November 2020, Government confirmed another Covid-19 restrictive lockdown of Religious Worship until 2[nd] December 2020. From 2[nd] December 2020, the parish was deemed, by Government, to be in Tier 2, which allowed for public services to recommence Sunday 6[th] December 2020 but with no social gathering or other community activity allowed. A review of the Covid 19 Risk Assessment was carried out on Wednesday 3[rd] December 2020, considering the additional services for Christmas attendees. On 26[th] December 2020, further restrictions were imposed because of a new strain of the Coronavirus which resulted in fewer numbers attending. Our Minister, from the commencement of Government lockdown in March 2020, had shielded and been unable to Minister to the Parish from the period of lockdown to the end of the year. ## **Church Attendance & Electoral Roll** Average attendance to our Sunday services was, at the start of 2020, averaging about 65/70. The latter part of the year the average remained the same but then tapered during the final month of the year. There were 100 members on the Church Electoral Roll [ER] at the beginning of May 2020. The Electoral Roll is reviewed annually. The next renewal of the register will be 2025 Members are warmly encouraged to stand for election to the PCC and we welcome a balance of skills and experience where possible. At present the application of the rules is interpreted as follows: - ## **PCC Members for 2020-21** Twelve persons able to be proposed from the parish to the APCM, and eleven proposed, nominated, and then confirmed and voted for at the APCM, which, as mentioned above was held late. It is the vote of the PCC that members are elected annually. This decision is reviewed 6 yearly and was again supported by the APCM in 2019. The next Review will be in 2025 with effect from 2026. 10 ## **Deanery Synod Representatives: for 2020 - 2023** Three persons can be elected to Deanery Synod – two people were nominated and elected: Dr. John Bull and Mrs Lorraine Roberts ## **– The Parochial Church Council [PCC] for 2020 2021** Mr Kenneth Hobbs, Mr Steve Davis, Mrs Karen Davis, Mr Robin Biggs, Mrs Dorothy Foan. Mrs Lorraine Roberts, Mrs Janet Atkinson, Dr. Tony Stead, Mrs Norma Carter, Mrs Valerie Grubb, Mrs Janine Hobbs and Miss Sylvia Anning ## **PCC Elected Minute Secretary** ## Mrs Jenny Stead ## **Standing Committee Meetings** The Standing Committee, for 2020: - Churchwardens, PCC Secretary and the Parish Treasurer and 2 PCC members and at the discretion of the Standing Committee, other interested folk who will contribute to an issue involving a decision. ## **Governance** The parish has a robust safeguarding procedure, with all trustees having undergone safeguarding training during the early part of the year with new members to be trained as soon as possible. Safeguarding is a permanent agenda item on each full PCC meeting. Christ Church is also a Dementia friendly church, having undergone dementia training and understanding. In order to conform with all standards required of the Charity by the Charity Commission, the parish is compliant and has in in place policies and guidelines on the following: - Complaints; Disciplinary; Employer/Employee contract and conduct; Safeguarding [Child Protection & Vulnerable Adults]; Grievance; Finance; Risk Management; Volunteers; Health & Safety; Conflict of Interest and Equality. The Policy document is reviewed annually and will include new guidelines as and when required. The parish is also compliant with the General Data Protection Regulations [GDPR] and is 100% compliant with all Safeguarding issues required by Government. 11 The PCC agreed to finance a laptop computer for our Minister’s use at home for pastoral purposes at a cost of £355.00 on 23[rd] March 2020. A standalone computer purchased for Church use is also being used at the Minister’s home from March 2020. Both remain the property of the PCC. ## **Financial & General Review from the Churchwardens** . As part of the Parish commitment for community outreach and public benefit, the PCC agreed to invest in BOOM [formerly West Sussex Credit Union], regular sums of restricted investment income, which is specific to help those in need. The PCC are pleased to state that throughout the Covid19 pandemic crisis, we were able to continue this quarterly deposit, ensuring help to those in need during this difficult time for many. ‘More savings enable us to help those that are struggling financially within our communities, so your support is very much appreciated’ Quote from Ms Illingworth BOOM Credit Union 8/9/2020 ‘Savings mean a lot to Boom, and the more people save with us, the more we are able to help those that are struggling financially within our communities. In the current pandemic, and particularly now at Christmas time we really do appreciate our savers. These additional savings mean that we can give more ethical loans, but only when people need them.’ Quote from BOOM 9/12/20 Dear Christ Church Worthing Well, it's been a bit of a year, hasn't it? As a member of the Boom community, you have played your part in helping us to achieve some amazing things in 2020, despite the obstacles we've all had to overcome. This year, we welcomed more than **400** new members, loaned **£2.5 million** and all of you, our members, saved nearly **£1 million!** And some of you thought that you'd never be able to save. Just keep going! Whether you save or borrow & save, it's thanks to you and others like you that Boom Credit Union is in a stronger position than it was this time last year, despite the challenges. As a result, we can support even more local people financially as we set out to achieve even greater things next year. We can't do it without you, so once again, thank you for your continued support. In this Newsletter, you'll find details of our Christmas operating hours, our ongoing efforts to steer people away from loan sharks, and some more wonderful member testimonials. We wish you a very Happy Christmas and a prosperous New Year. From all at Boom! The PCC agreed that this need could be well served by turning to BOOM, whose office is in the town centre and in our Parish. BOOM is regulated by the Financial Services Authority and are well versed in offering affordable, 12 low interest financial help and advice to those who are most vulnerable and in most need; by investing in this credit union, the PCC feel well placed to know that when and where there is need, BOOM are there to help. It is also worth noting that whilst clients are asking for consideration on loans, they are also encouraged to save with BOOM, to give that added incentive of ownership. It is good to see the use of Gift Aid through the Parish Giving Scheme [PGS] and giving in general using the Parish Gift Aid envelopes. It is encouraging to note that the PCC is claiming the maximum amount of gift aid allowed for by the Government. As the congregation grows there have been more joining the PGS scheme. Government and Church of England advice was no physical offertory to be undertaken, instead there was a collection point at the entrance of Church. This allowed for some enveloped collection but far less than the loose collection amounts received pre-Covid. Some Church family, instead, donated directly into the Church banking system during the close down. The PCC decided that specific collections during the Advent and Christmas period would be equally divided between the Missions supported by Christ Church. This was by way of compensating those societies normally supported by the Wednesday morning coffee sessions and as well as our Mission days. The largest expenditure of the PCC was the sum paid to the Diocese to cover our Parish Ministry Costs [PMC]. This amount covers the housing, stipend and pensions costs of the clergy and a standard sum for diocesan central costs, clergy training and a contribution to the national church fund. There were no trustees who sought reimbursement for any Parish business expenses in their role as trustee of the PCC, excepting the Chair of the PCC, the Reverend David Renshaw. His expenses are detailed in the Church accounts which are incorporated within this report and are detailed below: - Taxable gain is levied on Fixed Monthly Charge for Telephone and Broadband Internet and therefore is subject to HMR&C declaration by Clergy. The PCC met 100% of their commitment to pay the Parish Ministry Cost [PMC] of £35,195 for 2020. It is also important to note that the total cost relates directly to the clergy of this parish, the remainder being shared costs 13 of the Christian family throughout the whole Church of England, including assistance towards the upkeep of churches less able to manage than ourselves within the Deanery. The PCC further decided that the parish could afford to pay the PMC for 2021, by lump sum in advance to the Chichester Diocesan Board of Finance, and will save, on a regular monthly basis thereafter, in readiness for 2022 and beyond. The PCC employ: A Verger, an administrator, and an organist. Mrs Lorraine Roberts is contracted by the PCC to work as Verger and is paid £45 per calendar. The Verger role is paid at £10.38 per hour for one hour per week. Additional time worked is on a voluntary basis. She is also a Trustee but receives no remuneration for this role. Mr John Collins is contracted by the PCC as Organist and is paid £35 per service. Mrs Janine Hobbs is contracted by the PCC to work as an administrator and receives £433.33 per calendar month. The administrator role is paid £10.00 per hour for ten hours per week. Additional time worked is on a voluntary basis. She is also a Trustee but receives no remuneration for this role. The Minister is also a Trustee but has received no remuneration for this role. Trustees are entitled to claim expenses incurred in undertaking their specific role as a trustee. All employees are paid under the P.A.Y.E system using HMR&C computer software and the Parish is regulated and registered by HMR&C for Income Tax and National Insurance purposes. The Parish is fully compliant with all HMR&C rules and regulations and offer the Parish options for training at any time. ## **Reserves Policy** It is PCC policy to maintain a balance on the general unrestricted funds [excluding property] which equates to approximately three months’ worth of unrestricted payments as contingency against unforeseen situations. The closing balance of £468,302, despite the deficit of £45.482 this year, is a positive step and we still have enough cash flow to continue to pay bills when they fall due from designated funds which form part of general funds. As well as holding the above general reserves, from time to time the PCC will receive a legacy and donations for expenditure on purposes, defined by the 14 donor. We aim to expend such money as soon as possible after receiving the legacy or donation, depending on the specific objectives of the donor. The legacy and donations of the Re-order fund fall into this category. If the PCC identify that the specific purpose can only be achieved by delaying the expenditure, the legacy is invested, temporarily, until the need for expenditure is identified and the donors notified. **----- Start of picture text -----**
180,000
160,000
140,000
120,000
100,000
Income
80,000
Expenditure
60,000
40,000
20,000
0
2019 2020
**----- End of picture text -----**
## **Total Receipts for the Parish £49,909 Payments of the Parish £95,391 OVERALL DEFICIT FOR 2020 £45,482** ## **Financial Conclusion** There is no doubt that Coronavirus [Covid-19], influenced the annual finances of the Church for this year ending, but not to the extent feared. Expenditure in some areas reduced, whilst in others increased, this was to ensure communication with church members, one example would be postage and printing. It should be noted that the CBF Restricted and Endowment Investment Asset [Item 5 to the accounts] totalling £151,426 is maintained in trust by the Diocesan Board of Finance. The value of this investment saw a capital increase in 2020, of £6,159. The PCC endeavour to use this specified income, which is received every four months in a year as best they can, by investing the income within BOOM formally West Sussex Credit Union, as 15 mentioned above. It is encouraging to note that despite Covid-19, investment continued to rise. COIF Cortis Gift and COIF Investment E M Garland fund valued at £21,265 are restricted funds to assist folk in need. The interest gained from this is invested in a Restricted Vicar’s Discretionary Fund. Interest received for the year amounted to £654. In item Payments paragraph 3b, it is noted that £200 was expended from this fund. Efforts to realise the Investment Asset, as detailed in Item 5, could only be agreed providing the terms in which the capital held is used specifically for its restrictive purpose. There remains a continuing need to explore all means of increasing income from the present church membership while at the same time, by our united witness to the Gospel, encouraging more people to join us. Government initiatives are available, such as Gift Aid reclaiming, not only on planned giving, but for loose collection from those who are not taxpayers; this is called Gift Aid Small Donations Scheme [GASDS]. The maximum amount of loose collection is £8,000 over a previous tax period [6 April to 5 April]. In real terms this means the Parish could receive the maximum gift aid of £2,000. The tax year for GASDS 2020/21 will show a reduced claim due to Covid-19 and the lack of services from April to December. The PCC agreed, for the financial year 2021, to seek help from a volunteer to fulfil the role of Gift Aid Officer, to be able to deal with Gift Aid and to maximise the potential of help from HMR&C The Parish Giving Scheme [PGS] allows gift aid to be added to the giving in advance of claiming from HMR&C and paid to the parish within 10 days from the end of each month. There is also an option to review giving annually. PGS will also, when take up is stronger, allow the parish to budget more soundly knowing there is regular, uninterrupted giving. ## **Prospects and Activity in our Parish** **Christianity celebrates God’s great descent. His nature does not trap him in heaven, but it leads him to earth. In God’s great gospel, he not only sends, he becomes, he not only talks to us, he lives with us as one of us!** 16 The PCC will walk forward, **together** in faith in the sure knowledge that God, our Father, will guide and support us. Prayer is a positive and integral part of our growth in His Ministry at Christ Church and in the town centre of Worthing. We take huge comfort in the verse above and from comments of those who visit and/or worship at Christ Church. All that we do at Christ Church is to serve. We believe with His help Christ Church will continue to serve the community and encourage all to benefit from what He has to offer, the Good News of his son Jesus Christ. Certainly, the PCC have thought carefully about the services to ensure they engage the people who come into town and those who regularly worship at Christ Church. The Re-ordering work to the West end has taken more time than we would of course like. However, Phase One proposal is nearly there, and the proceeds from the sale of the Holy Trinity Hall and flat in December 2019 have made this possible. Covid-19 has had an impact in this work. A faculty application is nearly ready to be submitted in readiness of approval whilst the architect and surveyors place tenders and prepare for work to proceed in 2021. The Church that prays together stays together and we have done this by ensuring a clarity of reason and communication, by not allowing conflict to mature, by valuing input, by spreading the workload, being clear who is taking the lead, by not stopping change, looking for quality and continuity in the lead on worship, by organising pastoral care, welcoming newcomers, and encouraging attendance and Prayer!!! Christ Church have a reputation for being friendly and community based with Jesus at the centre. The Church is openly active during the week. The PCC need to be more intentional about making the most of these attributes. How much do we think we can grow by as a church next year? How does our own activity contribute to the wider family? How do we engage with the Town Centre? 17 The responsibility is ours, but God also sets the aim, and it is clear; - That he lives with us as one of us! On behalf of the Trustees of Parochial Church Council by the Churchwardens Kenneth Hobbs & Steve Davis 31[st] December 2020 18 ## **PARISH OF WORTHING CHRIST CHURCH STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31ST DECEMBER 2020** |Notes
**RECEIPTS :**
Voluntary Receipts
2a
Activities for Generating Funds
2b
Investment Income
2c
Charitable Activities
2d
Other Receipts
2e
**TOTAL RECEIPTS**
**PAYMENTS :**
Fundraising Costs (Trading)
3a
Charitable Activities
3b
**TOTAL PAYMENTS**
**NET INCOMING/(OUTGOING) RESOURCES**
Balances Brought Forward
Transfer Between Funds
4
Sale of Church Hall & Flat
5
**BALANCES CARRIED FORWARD**|UnrestrictedDesignated Restricted
Total
Total
Funds
Funds
Funds
2020
2019
£
£
£
£
£
39,073
0
0
39,073
152,617
995
0
0
995
6,877
5,715
0
0
5,715
4,482
0
0
2,712
2,712
4,933
1,414
0
0
1,414
8,079
**47,197**
**0**
**2,712**
**49,909**
**176,988**
431
1,470
0
1,901
4,782
77,868
13,714
1,908
93,490
115,381
**78,299**
**15,184**
**1,908**
**95,391**
**120,163**
**-31,102**
**-15,184**
**804**
**-45,482**
**56,825**
411,278
88,689
14,107
514,074
137,248
2,470
-2,470
0
0
0
0
0
0
0
320,001
**382,646**
**71,035**
**14,911**
**468,592**
**514,074**| |---|---| The notes on pages 3 to 7 form part of these accounts. All operations are continuing operations. 1 PARISH OF WORTHING CHRXST CHURCH srATEMENT OF ASSEfs AND LIABILITIES AS AT 31sr DECEMBER 2020 31-l>ee 2020 Total 31-Otc 2019 Total UnrestrKted Designated Restricted EThdowment Funds Fund5 Funds Funds ASSfTS Cash Furbdg: Centrdl Ministry Parish Account No I Parish Account No 2 Parish Actount No 4 (Boom} COIF Charitie5 Deposlt Fund Fixed Term Account No 5 Christ ch￿￿h Lbyd5 Atxxjunt (Nts 3) Notes 11.194 3.416 11.130 14,610 82.165 13.100 365 321.284 87,024 97,349 8,700 365 320.000 71.035 13,100 365 321,284 37.068 37,068 36 38 64fj 71.035 14,911 468 592 514 074 Represented by: Unrestricted Funds Designated Fund5 Restrirted Funds Endowmellt Funds 382.646 382.646 411.278 71.035 88.689 14.911 14,107 71.035 14,911 38 035 14.911 468 592 514 074 Other Monetary A55ets: Investment assets: CBF lTrvestment Fund CBF Fixed lThterest Fund COIF Inve5tsnent Fund 47.559 2D.750 8.808 84,735 132,294 20,750 22,631 125.224 20.043 21,265 13,823 84735 175fj75 106532 Dobtors and Prep•yments: Central Mlnistry Holy Trinity: Uabilities: Celltral Ministry: Examination Fee 1,140 1.140 1.500 140 500 TRiisfEES RESPOIISXBILXTIES IM RELATION TO FINANCIAL STATEMENTS Charity Law rEquires the Trustees to prepare financial ststements for each finantial year which cornp￿ wfch the regulations set out in the Char&t￿5 Att 2011. The Trustees have elerted to take advantsge of the provisions that appty to small tharit*s and have prepared a Re(£ipts and Payments Account and Statement of Assets and Liabilities which are set o￿t on paoes I to 2. ApprDved by the ParDthial Chur¢h Councll on ................................. Signed on their behalf by Ken Hobb5 (VI￿ Chair. Church Warden. Parish Treasuer} Slgned on their behaff by Steve Davis (Churth Warden) ## **PARISH OF WORTHING CHRIST CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020** ## **1. BASIS OF ACCOUNTING** The accounts have been prepared under the “Receipts and Payments” basis as prescribed by the Charity Commissioners, and they meet the appropriate legal requirements. |**2. RECEIPTS**||Unrestricted|Designated|Restricted|Total|Total| |---|---|---|---|---|---|---| ||Note|Funds|Funds|Funds|2020|2019| |||£|£|£|£|£| |**a) Voluntary Receipts**||||||| |Planned & Loose Collection /Gift Aided||8,527|||8,527|13,029| |Gift Aid Tax Recovered||6,739|||6,739|9,485| |Planned & Loose Collection /Non Gift Aided||2,189|||2,189|4,746| |Donations||1,605|||1,605|8,057| |Parish Giving Scheme||15,913|||15,913|15,772| |Giving via CAF||4,100|||4,100|3,820| |Legacies|||||0|89,708| |National Heritage Grant|||||0|8,000| |||**39,073**|**0**|**0**|**39,073**|**152,617**| |**b) Activities for Generating Funds**|**(Trading)**|||||| |Fees||513|||513|684| |Rent of Church Flat|4||||0|4,799| |Church and Hall Hire||482|||482|1,394| |Events|||||0|0| |||**995**|**0**|**0**|**995**|**6,877**| |**c) Investment Income**||||||| |Bank Interest||1,284|||1,284|32| |Dividends||4,431|||4,431|4,450| |||**5,715**|**0**|**0**|**5,715**|**4,482**| 3 ## **PARISH OF WORTHING CHRIST CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020** ## **2. RECEIPTS (Continued)** |Note
**d) Charitable Activities**
4
Re-ordering Fund
Mission Fund
Flower Fund
Discretionary Churchwarden's Fund
Discretionary Vicar's Fund
Keeping in Touch Fund
**e) Other Receipts**
Insurance Claims and Refunds
Miscellaneous
**3. PAYMENTS**
**a) Fundraising Costs (Trading)**
Church Flat Expenses & Commission
4
Trading Expenses for Churches & Halls
**b) Charitable Activities**
Parish
Contribution
Costs
Administration and PAYE costs
6
Fabric
Organist
6
Clergy & Housing
Independent Examination Fee
Flower Fund
4
Restricted Warden Fund
4
Restricted Vicar's Fund
4
Keeping in Touch
4
Verger Expenses
6
PCC Fees
Donations
Carried forward|UnrestrictedDesignated Restricted
Total
Total
Funds
Funds
Funds
2020
2019
£
£
£
£
£
0
0
1,708
1,708
3,315
0
307
350
350
604
654
654
476
231
**0**
**0**
**2,712**
**2,712**
**4,933**
1,205
1,205
6,230
209
209
1,849
**1,414**
**0**
**0**
**1,414**
**8,079**
1,470
1,470
2,329
431
431
2,453
**431**
**1,470**
**0**
**1,901**
**4,782**
35,195
35,195
33,476
8,098
8,098
6,618
5,728
5,728
4,010
829
829
3,197
1,764
1,764
2,176
3,127
3,127
4,122
1,500
1,500
1,368
0
491
0
0
200
200
170
0
630
540
540
540
108
108
442
14
14
10,500
56,903
0
200
57,103
67,740| |---|---| 4 ## **PARISH OF WORTHING CHRIST CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020** ## **3. PAYMENTS** |Note
**b) Charitable Activities**
Brought forward
National Heritage Grant Spending:
Salary
6
Expenses
Mission Fund
4
Telephone and Broadband
Electricity
Hall
Christ Church
Gas
Christ Church
Water
Hall
Christ Church
Photocopier Lease/ Printing & Stationery
Church & Hall
Cleaning
Repairs and Renewals
4
Professional Sevices
4
Sound System Upgrade
4
Insurance
Organ Maintenance
4
Miscellanous|UnrestrictedDesignated Restricted
Total
Total
Funds
Funds
Funds
2020
2019
£
£
£
£
£
56,903
0
200
57,103
67,740
0
7,000
0
1,000
1,708
1,708
3,395
689
689
702
6
6
180
1,339
1,339
1,686
4,556
4,556
5,104
0
278
0
371
5,138
5,138
5,981
4,262
4,262
4,912
8,926
8,926
3,659
4,788
4,788
2,456
0
4,397
4,169
4,169
5,005
0
1,375
806
806
140
**77,868**
**13,714**
**1,908**
**93,490**
**115,381**| |---|---| 5 ## **PARISH OF WORTHING CHRIST CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020** |**4. FUNDS OF THE CHARITY**
**UNRESTRICTED FUNDS**
Central Ministry
Christ Church (No 3 A/c)
**Total Unrestricted Funds**
**DESIGNATED FUNDS**
Central Ministry
No.1 A/c
Flat
Subtotal
No.2 A/c
Christ Church Re-order
Christ Church Restoration
Designated Lagacy Fund
Subtotal
**Total Designated Funds**
**RESTRICTED FUNDS**
Central Ministry
No.1 A/c
Mission Fund
Discretionary Churchwardens' Fund
Discretionary Vicar's Fund
Christ Church Organ & Maintenance
Subtotal
No.2 A/c
Organ
Youth Fund
Subtotal
**Total Restricted Funds**
**Total Funds**|Balance
Expend-
Balance
01-Jan-20
Income
ture
Transfers
31-Dec-20
406,786
47,197
78,299
30,106
-
345,578
4,492
-
-
32,576
37,068
**411,278**
**47,197**
**78,299**
**2,470**
**382,646**
2,470
-
1,470
1,000
-
0
33
-
-
-
33
34,485
-
7,788
-
26,697
51,701
-
5,926
1,470
-
44,305
86,219
-
13,714
1,470
-
71,035
**88,689**
**-**
**15,184**
**2,470**
**-**
**71,035**
2
1,708
1,708
-
2
801
350
-
-
1,151
2,174
654
200
-
2,628
-
-
-
-
-
2,977
2,712
1,908
-
3,781
4,113
-
-
-
4,113
7,017
-
-
-
7,017
11,130
0
0
0
11,130
**14,107**
**2,712**
**1,908**
**0**
**14,911**
**514,074**
**49,909**
**95,391**
**0**
**468,592**| |---|---| 6 ## **PARISH OF WORTHING CHRIST CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020** |**5. INVESTMENT ASSETS**
**Christ Church Worthing**
CBF Investment Fund
Unrestricted
COIF Investment Fund (Cortis Gift)
Restricted
CBF Investment Fund
Endowment
CBF Fixed Interest Fund
Endowment
COIF Investment Fund (E M Garland for poor)
Restricted
TOTALS|Market
Market
Cost
Value
Value
31-Dec-20
31-Dec-19
£
£
£
47,559
45,941
7,195
8,808
8,276 Unknown*
56,367
54,217
N/A
84,735
79,283 Unknown*
20,750
20,043 Unknown*
13,823
12,989 Unknown*
119,308
112,315
N/A
**175,675**
**166,532**
**N/A**| |---|---| *Original costs for those marked funds were established many years ago are not available. |**6. STAFF COSTS AND PAYMENTS TO PCC MEMBERS**
Gross Salaries and Wages:
Christ Church Worthing
Employers NIC
Pension
TOTAL STAFF COSTS|**31-Dec**
**31-Dec**
**2020**
**2019**
**£**
**£**
8,032
13,727
0
0
0
0
**8,032**
**13,727**| |---|---| Christ Church employs a part time Verger Mrs Lorraine Roberts, a Trustee, who received £540 (£540 - 2019) and Janine Hobbs, a Trustee, who received £5,728 as Parish Administrator (£3,407 - 2019). This payment is gross and Income Tax is deducted at source. Mr John Collins is employed as an Organist and received £1,764 (£2,780 - 2019). This payment is gross and Income Tax is deducted at source. ## Clergy Costs: There have been no Clergy costs nor any other payments made to Parochial Church Council members in their roles as trustees other than reimbursements. ## **7. RESERVES POLICY** The trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily. ## **8. RISK ASSESSMENT** The PCC actively review the major risks which the churches face on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The PCC have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks. ## **9. PUBLIC BENEFIT** The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake. 7 ## **INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS** Report to the trustees/members of the Parish of Worthing Christ Church, on the annual accounts for the year ended 31st December 2020. ## **Respective responsibilities of trustees and examiner** The trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the Act), and that an independent examination is needed. It is my responsibility to: - examine the accounts (under section 145 of the Act), - to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act, and - to state whether particular matters have come to my attention. ## **Basis of independent examiner's statement** My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the organisation 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 trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In the course of my examination, no matter has come to my attention 1. which gives me reasonable cause to believe that in, any material respect, the trustees requirements:  to keep accounting records in accordance with section s.130 of the Act; and - to prepare accounts which accord with these accounting records have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. P B Robinson MAAT FCIE Independent Examiners Ltd 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF Date: 5th March 2021 8 ## **PARISH OF WORTHING CHRIST CHURCH STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31ST DECEMBER 2020** |Notes
**RECEIPTS :**
Voluntary Receipts
2a
Activities for Generating Funds
2b
Investment Income
2c
Charitable Activities
2d
Other Receipts
2e
**TOTAL RECEIPTS**
**PAYMENTS :**
Fundraising Costs (Trading)
3a
Charitable Activities
3b
**TOTAL PAYMENTS**
**NET INCOMING/(OUTGOING) RESOURCES**
Balances Brought Forward
Transfer Between Funds
4
Sale of Church Hall & Flat
5
**BALANCES CARRIED FORWARD**|UnrestrictedDesignated Restricted
Total
Total
Funds
Funds
Funds
2020
2019
£
£
£
£
£
39,073
0
0
39,073
152,617
995
0
0
995
6,877
5,715
0
0
5,715
4,482
0
0
2,712
2,712
4,933
1,414
0
0
1,414
8,079
**47,197**
**0**
**2,712**
**49,909**
**176,988**
431
1,470
0
1,901
4,782
77,868
13,714
1,908
93,490
115,381
**78,299**
**15,184**
**1,908**
**95,391**
**120,163**
**-31,102**
**-15,184**
**804**
**-45,482**
**56,825**
411,278
88,689
14,107
514,074
137,248
2,470
-2,470
0
0
0
0
0
0
0
320,001
**382,646**
**71,035**
**14,911**
**468,592**
**514,074**| |---|---| The notes on pages 3 to 7 form part of these accounts. All operations are continuing operations. 1 PARISH OF WORTHING CHRXST CHURCH srATEMENT OF ASSEfs AND LIABILITIES AS AT 31sr DECEMBER 2020 31-l>ee 2020 Total 31-Otc 2019 Total UnrestrKted Designated Restricted EThdowment Funds Fund5 Funds Funds ASSfTS Cash Furbdg: Centrdl Ministry Parish Account No I Parish Account No 2 Parish Actount No 4 (Boom} COIF Charitie5 Deposlt Fund Fixed Term Account No 5 Christ ch￿￿h Lbyd5 Atxxjunt (Nts 3) Notes 11.194 3.416 11.130 14,610 82.165 13.100 365 321.284 87,024 97,349 8,700 365 320.000 71.035 13,100 365 321,284 37.068 37,068 36 38 64fj 71.035 14,911 468 592 514 074 Represented by: Unrestricted Funds Designated Fund5 Restrirted Funds Endowmellt Funds 382.646 382.646 411.278 71.035 88.689 14.911 14,107 71.035 14,911 38 035 14.911 468 592 514 074 Other Monetary A55ets: Investment assets: CBF lTrvestment Fund CBF Fixed lThterest Fund COIF Inve5tsnent Fund 47.559 2D.750 8.808 84,735 132,294 20,750 22,631 125.224 20.043 21,265 13,823 84735 175fj75 106532 Dobtors and Prep•yments: Central Mlnistry Holy Trinity: Uabilities: Celltral Ministry: Examination Fee 1,140 1.140 1.500 140 500 TRiisfEES RESPOIISXBILXTIES IM RELATION TO FINANCIAL STATEMENTS Charity Law rEquires the Trustees to prepare financial ststements for each finantial year which cornp￿ wfch the regulations set out in the Char&t￿5 Att 2011. The Trustees have elerted to take advantsge of the provisions that appty to small tharit*s and have prepared a Re(£ipts and Payments Account and Statement of Assets and Liabilities which are set o￿t on paoes I to 2. ApprDved by the ParDthial Chur¢h Councll on ................................. Signed on their behalf by Ken Hobb5 (VI￿ Chair. Church Warden. Parish Treasuer} Slgned on their behaff by Steve Davis (Churth Warden) ## **PARISH OF WORTHING CHRIST CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020** ## **1. BASIS OF ACCOUNTING** The accounts have been prepared under the “Receipts and Payments” basis as prescribed by the Charity Commissioners, and they meet the appropriate legal requirements. |**2. RECEIPTS**||Unrestricted|Designated|Restricted|Total|Total| |---|---|---|---|---|---|---| ||Note|Funds|Funds|Funds|2020|2019| |||£|£|£|£|£| |**a) Voluntary Receipts**||||||| |Planned & Loose Collection /Gift Aided||8,527|||8,527|13,029| |Gift Aid Tax Recovered||6,739|||6,739|9,485| |Planned & Loose Collection /Non Gift Aided||2,189|||2,189|4,746| |Donations||1,605|||1,605|8,057| |Parish Giving Scheme||15,913|||15,913|15,772| |Giving via CAF||4,100|||4,100|3,820| |Legacies|||||0|89,708| |National Heritage Grant|||||0|8,000| |||**39,073**|**0**|**0**|**39,073**|**152,617**| |**b) Activities for Generating Funds**|**(Trading)**|||||| |Fees||513|||513|684| |Rent of Church Flat|4||||0|4,799| |Church and Hall Hire||482|||482|1,394| |Events|||||0|0| |||**995**|**0**|**0**|**995**|**6,877**| |**c) Investment Income**||||||| |Bank Interest||1,284|||1,284|32| |Dividends||4,431|||4,431|4,450| |||**5,715**|**0**|**0**|**5,715**|**4,482**| 3 ## **PARISH OF WORTHING CHRIST CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020** ## **2. RECEIPTS (Continued)** |Note
**d) Charitable Activities**
4
Re-ordering Fund
Mission Fund
Flower Fund
Discretionary Churchwarden's Fund
Discretionary Vicar's Fund
Keeping in Touch Fund
**e) Other Receipts**
Insurance Claims and Refunds
Miscellaneous
**3. PAYMENTS**
**a) Fundraising Costs (Trading)**
Church Flat Expenses & Commission
4
Trading Expenses for Churches & Halls
**b) Charitable Activities**
Parish
Contribution
Costs
Administration and PAYE costs
6
Fabric
Organist
6
Clergy & Housing
Independent Examination Fee
Flower Fund
4
Restricted Warden Fund
4
Restricted Vicar's Fund
4
Keeping in Touch
4
Verger Expenses
6
PCC Fees
Donations
Carried forward|UnrestrictedDesignated Restricted
Total
Total
Funds
Funds
Funds
2020
2019
£
£
£
£
£
0
0
1,708
1,708
3,315
0
307
350
350
604
654
654
476
231
**0**
**0**
**2,712**
**2,712**
**4,933**
1,205
1,205
6,230
209
209
1,849
**1,414**
**0**
**0**
**1,414**
**8,079**
1,470
1,470
2,329
431
431
2,453
**431**
**1,470**
**0**
**1,901**
**4,782**
35,195
35,195
33,476
8,098
8,098
6,618
5,728
5,728
4,010
829
829
3,197
1,764
1,764
2,176
3,127
3,127
4,122
1,500
1,500
1,368
0
491
0
0
200
200
170
0
630
540
540
540
108
108
442
14
14
10,500
56,903
0
200
57,103
67,740| |---|---| 4 ## **PARISH OF WORTHING CHRIST CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020** ## **3. PAYMENTS** |Note
**b) Charitable Activities**
Brought forward
National Heritage Grant Spending:
Salary
6
Expenses
Mission Fund
4
Telephone and Broadband
Electricity
Hall
Christ Church
Gas
Christ Church
Water
Hall
Christ Church
Photocopier Lease/ Printing & Stationery
Church & Hall
Cleaning
Repairs and Renewals
4
Professional Sevices
4
Sound System Upgrade
4
Insurance
Organ Maintenance
4
Miscellanous|UnrestrictedDesignated Restricted
Total
Total
Funds
Funds
Funds
2020
2019
£
£
£
£
£
56,903
0
200
57,103
67,740
0
7,000
0
1,000
1,708
1,708
3,395
689
689
702
6
6
180
1,339
1,339
1,686
4,556
4,556
5,104
0
278
0
371
5,138
5,138
5,981
4,262
4,262
4,912
8,926
8,926
3,659
4,788
4,788
2,456
0
4,397
4,169
4,169
5,005
0
1,375
806
806
140
**77,868**
**13,714**
**1,908**
**93,490**
**115,381**| |---|---| 5 ## **PARISH OF WORTHING CHRIST CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020** |**4. FUNDS OF THE CHARITY**
**UNRESTRICTED FUNDS**
Central Ministry
Christ Church (No 3 A/c)
**Total Unrestricted Funds**
**DESIGNATED FUNDS**
Central Ministry
No.1 A/c
Flat
Subtotal
No.2 A/c
Christ Church Re-order
Christ Church Restoration
Designated Lagacy Fund
Subtotal
**Total Designated Funds**
**RESTRICTED FUNDS**
Central Ministry
No.1 A/c
Mission Fund
Discretionary Churchwardens' Fund
Discretionary Vicar's Fund
Christ Church Organ & Maintenance
Subtotal
No.2 A/c
Organ
Youth Fund
Subtotal
**Total Restricted Funds**
**Total Funds**|Balance
Expend-
Balance
01-Jan-20
Income
ture
Transfers
31-Dec-20
406,786
47,197
78,299
30,106
-
345,578
4,492
-
-
32,576
37,068
**411,278**
**47,197**
**78,299**
**2,470**
**382,646**
2,470
-
1,470
1,000
-
0
33
-
-
-
33
34,485
-
7,788
-
26,697
51,701
-
5,926
1,470
-
44,305
86,219
-
13,714
1,470
-
71,035
**88,689**
**-**
**15,184**
**2,470**
**-**
**71,035**
2
1,708
1,708
-
2
801
350
-
-
1,151
2,174
654
200
-
2,628
-
-
-
-
-
2,977
2,712
1,908
-
3,781
4,113
-
-
-
4,113
7,017
-
-
-
7,017
11,130
0
0
0
11,130
**14,107**
**2,712**
**1,908**
**0**
**14,911**
**514,074**
**49,909**
**95,391**
**0**
**468,592**| |---|---| 6 ## **PARISH OF WORTHING CHRIST CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020** |**5. INVESTMENT ASSETS**
**Christ Church Worthing**
CBF Investment Fund
Unrestricted
COIF Investment Fund (Cortis Gift)
Restricted
CBF Investment Fund
Endowment
CBF Fixed Interest Fund
Endowment
COIF Investment Fund (E M Garland for poor)
Restricted
TOTALS|Market
Market
Cost
Value
Value
31-Dec-20
31-Dec-19
£
£
£
47,559
45,941
7,195
8,808
8,276 Unknown*
56,367
54,217
N/A
84,735
79,283 Unknown*
20,750
20,043 Unknown*
13,823
12,989 Unknown*
119,308
112,315
N/A
**175,675**
**166,532**
**N/A**| |---|---| *Original costs for those marked funds were established many years ago are not available. |**6. STAFF COSTS AND PAYMENTS TO PCC MEMBERS**
Gross Salaries and Wages:
Christ Church Worthing
Employers NIC
Pension
TOTAL STAFF COSTS|**31-Dec**
**31-Dec**
**2020**
**2019**
**£**
**£**
8,032
13,727
0
0
0
0
**8,032**
**13,727**| |---|---| Christ Church employs a part time Verger Mrs Lorraine Roberts, a Trustee, who received £540 (£540 - 2019) and Janine Hobbs, a Trustee, who received £5,728 as Parish Administrator (£3,407 - 2019). This payment is gross and Income Tax is deducted at source. Mr John Collins is employed as an Organist and received £1,764 (£2,780 - 2019). This payment is gross and Income Tax is deducted at source. ## Clergy Costs: There have been no Clergy costs nor any other payments made to Parochial Church Council members in their roles as trustees other than reimbursements. ## **7. RESERVES POLICY** The trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily. ## **8. RISK ASSESSMENT** The PCC actively review the major risks which the churches face on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The PCC have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks. ## **9. PUBLIC BENEFIT** The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake. 7 ## **INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS** Report to the trustees/members of the Parish of Worthing Christ Church, on the annual accounts for the year ended 31st December 2020. ## **Respective responsibilities of trustees and examiner** The trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the Act), and that an independent examination is needed. It is my responsibility to: - examine the accounts (under section 145 of the Act), - to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act, and - to state whether particular matters have come to my attention. ## **Basis of independent examiner's statement** My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the organisation 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 trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In the course of my examination, no matter has come to my attention 1. which gives me reasonable cause to believe that in, any material respect, the trustees requirements:  to keep accounting records in accordance with section s.130 of the Act; and - to prepare accounts which accord with these accounting records have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. P B Robinson MAAT FCIE Independent Examiners Ltd 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF Date: 5th March 2021 8