ANNUAL REPORT and FINANCIAL STATEMENTS of the PAROCHIAL CHURCH COUNCIL TRUSTEES for the PARISH ofWORTHING- CHRIST CHURCH For the year ended 31st December 2021 Registered with the Regulator for Charities in England and Wales Charity Registration Number 1152846 Bankers: Lloyds Bank, South Street Worthing BOOM [FormerLy West Sussex Credit Union] Independent Examine Paul Bernard Robinson MAAT FCIE Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Deliing Lane BOSHAM West Su55ex P018 8NF
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 ofWORThING - CHRisf CHURCH Christ Church. Grafton Road, Worthing. The primary objettive of Christ Church is the promotion of the Gospel of Jesus Chris( according to the (Joctrines and pratttces 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 The mission of Christ Church is to live and show Chrisvs 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 21st August 2018. The scheme came into effect on 1st September 2018. The primary objects of this new Parish remain as detaiLed above. In our Mission Action Plan, the PCC set out the following objettives: 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 an(J PCC are Trustees of the Charity named Parish of Worthing - Christ Church. an(J they rnaintsin an overview of worship, outreach and financial stewardship throughout the parish and make suggestions on how our services and stewar(Jship can involve the many
groups and organisations that live within our parish. The PCC are mindful of scripture [Matthew 6 [NIV]] an(J in this context fuLfil its (Jirettion 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 need5 and growth of not only the congregation. but the whole parish which includes the Civic and Town Centre. the Town HalL ancl its administrative buildings; aLI stsff of the shops. offices. and commerce. including law enforcemen( 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 parlsh. The Outreach committee plan the rnany attivities 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 wor services. on alternate weeks, will be Morning Prayer and Holy Communion ancj 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 respettiveLy. ALI 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 conta¢ which includes the teLephone number. There are other notice boards to inform the community of all other activities available throughout the Wee The Church website is updated weekly to ensure the wider community have information relating to the serViS and wi(Jer information.
A magazine is published Monthly and delivered to the community. A pew shee( which includes all services and activities 15 produceo weekly. All of which 15 publi5hecl on the Church website. There is also a facility, on the website. for folk to contatt the Church laity or the Minister for advice on weddings, funerals. christening. and historical matters relating to the Churchyard. From 15th March 2020. our Minister had a requirement to shield from the Covid virus and therefore has been unable to fulfil pastoral duties since this date. From October 2020, he has been signed sick and unable to fulfil his Canon Law dutie5 to officiate to the Parish to enct of this fiscal year. The organisation of Christ Church has been fulfilled by the ChurchwarLlens and the Parochial Church CounciL In January 2021, foLlowing Governrnent guidance on a mutant strain of the Covid virus, the PCC decided. in the interests of safety, to close the Church for services from 7th January 2021. The Church. following Government advice that the virus was under controL and with full consultation of the PCC and Covid Risk Assessment team. re-opened for services from 7th March 2021, Attendance for services average(J at between 45 ancl 50 per week during the Covid easement rules. Then from the period from re-opening there haci been a steady fLow of folk who worshipped at Christ Church because their own Church was in lockdown or conducting virtual servi5 for which they had no access to. Average attendance to our Sunday services grew from an easement to lockdown and averaged 55/65 and then tapered down slowly from uncertainty of the Omicron strain the latter part of the year. The Christ Church family are practicaL faithful Christians who welcome visitors from viithin as well as outside the parish boundary. People attend by personal Choi and. it is our pLeasure to welcome any age from all levels of society to tske part in the tife of the church, to know the Lord and to want to 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. All meet without charge as the PCC (Jeem this a community initiative
and public benefiL The need to move forward in faith and invest in people anLI to modernise our church building. point to a hopeful future. A decision by the PCC to proceed with an application for faculty was agreed unanimously on 18th August 2020. Preparation work commenced December 2021. Work will stsrt in January 2022. Pews have been removed to allow a more open space. to enhance the church interior. and enlarge the meeting area complete with a kitchenette facility in the North West corner. Work is expetted to take four to five months. Worthing Borough Council Homeless Persons Unit asked if their team could use Christ Church as a drop-in centre for the homeless. The ParochiaL Church Council agreed. and the Council team now open twice a weel They offer advice and meaLs. During days of extreme cold. the Church will be open overnight to offer a Night Shelter to the vulnerable. [Luke 4 v18-19] Min The Reverencl David Renshaw has been on long term sick absence since March 2020. The Reverend Canon MurieL Pargeter retired from Services December 2021 The Reverentj Greville [ALex] Grubb who died in September The Churchwardens and Christ Church Family extend gratitude for their Ministy and guidance at Christ Church for over a number of years. Mr Kenneth Hobbs Mr Stephen Davis Laity Mrs Janine Hobbs- Safeguar(ling Officer/Parish Administrator/PCC Secretary Ms Ann Photiades Mr Stsphen & Mrs Karen Davis. Mrs Val Grubb assisting in administration Mrs Lorraine Roberts- Verger Mr John ColLins- Organist Mr Miles Young- Pianist left August 2021
Miss Sylvia Anning ~ Sacristan assisted by Ms Sally Turley Mrs Jenny Chandler- Pianist from August 2021 Mr Kenneth Hobbs- Finance Dr John Bull- Publicity and a body of folk who (Jeal with the cleaning and flower decoration of the Church and the Gardening team Churchwardens are Bishop's Offir5 and senior lay representatives of the parish. The roLe is extremely varied but involves managemen( maintenance, and mission in accordance with the Churchwardens Measure 2001 and the Canons of the Church of Englan(J [Canon El]. They are foremost in representing the Lalty and in co-operating with the Minister. and they have a duty to maintain order and (Jecency in the church and churchyard, particularLy during the times of divine service. In cooperation with the Minister, they are responsible for the day-to-(Jay functioning of the parish. In reLation to safeguarding. the churchwardens work with the Minister, PCC and parish safeguarding officer. They are charged with attive participation in the Church's mission - ..use their best endeavours by example andprecept to encourage the parishioners in the prartice of true religion and to pmmote peace and unity among them- Ensure that In the period of a vacancy [¢Juring an interregnum], that the incumbent's safeguarding roles and responsibiLities are fulfilieo, 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 an(J safety inspettions and risk asse55fflent: Ensure that risk assessments are carried out before new attivitles are undertaken, Ensure that all parish activities with children and vulnerable adults are supervised ancf in5ure(J, Ensure that the parish has proce(Jures 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-. [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 malntenance preservation and Insuran 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 dutles under enattments imposing duties on churchwardens. vestries, or church trustees: 5.6[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 [Appointrnent & Resignation] Measure 1964 replad by the Churchwarden Measure 2001, 3 meeting is held separateLy, and the nomination is received by the Minister or Vice Chair [in Mln15ters absence] prior to the meeting, which is held no later than 315t May IRuLe change from 2020] and prior to the APCM. Vestry Meeting Election of Church Wardens held prlor to the Annual Parish Church Meeting on Sunday 25th April 2021 Nominated at the Vestry Meeting for 2021-2022 and eLected were: Mr Kenneth Hobbs and Mr Stephen Davls The Annual Parlsh Church Meetlng [APCM] heid on Sunday 25th April 2021 Structure, Governance and Management The PCC met 5 times during 2021. The Stsnding Committee did not meeL The average level of attendan at the PCC is given as 100% and at Standing Committee 100%. Various other committees delegated from the PCC were able to meeL The Fabric Committee met to discuss the faculty application for
the West end reordering. The PCC are the main decision makers of the parish. The PCC is made up as foLLows: . Clergy. Churchwardens. Deanery. anLI 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 rnaintenance of all church buildings ancl their contents. The Minsters role is to provide Leadership concerning safeguarding, and to encourage everyone to promote a safer church. ALthough these responsibilities are executed by the Safeguarcling Officer. Minister and Churchwardens, all PCC members share in the oversight of the Charity. The PCC has a voice in the forms of Servi 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 collettive responsibiLity for the decisions and actions taken on behalf of the charity and the church fellowship. Membership of the PCC an(J Standing Committee is determined under the Church Representstion Rules- Appendix Il Rule 13 & 14 [a] [b]. according to ElectoraL Roll [ER] numbers for the whole Parish. The PCC would consist of ex-officio members [Incumben( Priest-in-charge, Curate. an(J those licenced to officiate in the church], the Churchwardens and members of the Deanery, plus readers and members of the Church. tTrose In parenthese5 would not be entered onto the ER] There were 96 members on the Church ElectoraL Roll [ER] at the beginning of May 2021. The Electoral Roll is reviewed annually. The next renewal of the register will be 2025
Member5 are warmly encouraged to Stand for electton to the PCC and we weLcome a balance of skills and experience where possibLe. At present the application of the rules is interpreted a5 follows: Ll Nominated at the APCM for 2021-2022 and elected were: Mr Kenneth Hobbs, Mr Stephen Davis, Mrs Karen Davis. Mr Robin Biggs, Mrs Dorothy Foan, Mrs Janet Atkinson, Mrs Norma Carter, Mrs Valerie Grubb, Mrs Janine Hobb5, Dr Anthony Stead and Miss Sylvia Anning 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. It is the vote of the PCC that members are electe(J annually. This decision is reviewed six yearly and was agaln supported by the APCM in 2019. The next Review will be in 2025 with effett from 2026. Three persons can be eLetted to Deanery Synod - two people were nominated and elected: Dr. John BULI and Mrs Lorraine Roberts Mrs Jenny Steacl The Standing Committee. for 2021.. Churchwardens. PCC Secretary and the Parish Treasurer and 2 PCC members an(J at the discretion of the Standing Committee. other interested folk who will contribute to an issue involving a decision. The parish has a robust safeguarding policy and procedure, wlth all trustees having unLlergone 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 anLI
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 poLlcles and guidelines on the following: Cornplaints: Disciplinary," Employer/Employee contract an¢J condurt: Safeguar(iing [Chiid Protertion & Vulnerable Adults]. Grievance: Finance: Risk Management: VoLunteers: Health & Safety; Conftict of Interest and Equality. The Policy document is reviewed annuaLly and will inclu(Je new guideLines as and when required. The parish is also compliant with the General Data Protettion Regulations [GDPR] and is 100% compliant with all Safeguarding issues required by Government and the DieSe of Chichester. The PCC agreed to finan a laptop computer for our Ministerfs use at home for pastoral purposes at a cost of £355.00 on 23t¢l March 2020. A stand- aLone computer purchased for Church use is also being used at the Minister's home from March 2020. Both remain the property of the PCQ 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, heLp those in need. BOOM is regulated by the Financial Services Authority and are well versed in offering affordable. 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. The PCC are please(J to state that throughout the Covid-19 pandemic crisis, we were able to continue this quarterly depos1( ensuring help to those in need during this challenging time. 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.
In March, the PCC agreed to make a discretionary payment to the Mothers Union to help towards the refurbishment of their ststic caravan at WincheLsea. The caravan has been extensively used for children with mental and physical clisabiiities, aLlowing them respite with their parenucarers. The Mothers Union informed the PCC that whilst there is confidentiality about the Use, families from the Parish would have used an(J wouL(i be able to use the facility, should there be a need. The Mothers Union informed the PCC. had it not been for the help. the caravan would not have been operable. 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 Covlcl advi was there should be no monetary offering during services. Instead. there is a coLLettlon point at the entrance of Church. This allows for some members to use the facility. Others, instead, (Jonate directly into the Church banking system. The PCC are attiveLy seeking alternate ways of encouraging giving. one idea is mobile contactless bank machines. The PCC decided that specific collection5 during the Advent ancl 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 stsndard sum for dI0san central costs, clergy training and a contribution to the nationaL church fund. There were no trustees who sought reimbursement for ary Parish business expenses in their role as trustee of the PCQ excepting the Chair of the PCG the Reverend David Renshaw. His expenses are detsiled in the Church accounts which a incorporate(I within this report and are detaile(J 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 £35,247 for 2021. It is also important to note that the total cost relates directly to the clergy of this parish, the remainder being shared costs 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 empLoy: A Verger. an administrator, and an organisL The PCC contracts Mrs Lorraine Roberts to work as Verger and is paid £45 per calendar month. The Verger role is paid at £10.38 per hour for one hour per week. Additional time workecl is on a voluntsry basi& 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 increasing to £40 from August. The PCC contratts Mrs Janine Hobbs to work as an aclministrator and receives £433.33 per caLen(Jar 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 remunerations are above the nationaL hourly rate. The Minister is also a Trustee but has received no remuneration for this roLe. Trustees are entitled to claim expenses incurre(J in undertaking their specific role as a trustse. All employees are pald under the PA.Y.E system using HMR&C computer software and the Parish is regulated and gIstered by HMR&C for Income Tax and National Insuran purposes. The Parish is fully compLiant with all HMR&C rules and regulations and offer the Parish options for training at any time. 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 £415.586. despite the deficit of £53.006 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 fun(Js. As welL as holding the above general reserves. from time to time the PCC WILI
re1ve a legacy and donations for expenditure on purposes, defined by the 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. 100.000 70,0( 50.000 40.0(K) 30,000 20.000 io,(MJo 11 Incorne Expenditure 2020 2021 Total Receipts for the Parish £46.918 Payments of the Parish £99,924 OVERALL DEFicrr FOR 2021 £53,006 There is no doubt that Coronavirus [Covid-19] in 2020, inftuenced 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] totslling £116,228 is maintaine(i in trust by the Chichester Diocesan Board of Finance and the Church of Englan(J Investment Board known as the CCLA. The value of this investrnent saw a capital increase in 2021, of £10.743. The PCC endeavour to use this specified
income. which is received every four months in a year a5 best they can. by investing the income within BOOM formally West Sussex Credit Union. as mentioned above. It is encouraging to note that despite Covid-19, investment continued to rlse. COIF Cortis Gift and COIF Investment E M Garland fund vaLued at £25,637 are restricted funds to assist folk in need. Efforts to realise the Investment Asse( as detaited 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 explo all tneans 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 u Government initiatives are available, such a5 Gift Aid reclaiming, not only on our planned giving but for loose colLection from those who are not taxpayers: this is calle(J Gift Ai(1 SmaLI Donations Scheme [GASDS]. The maximum amount of Loose collection is £8,000 over a previous tax period [6 ApriL to 5 Apri L]. In real terms this means the Parish could receive the maximum gift aid of £2.000. The tax year for GASDS 2020/21 WILI show a redUd claim due to Covid-19 and the lack of services from April to December. The PCC agreed. for the budget 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 Glving Scheme [PGS] alLows gift ai(J to be added to the giving in advance of claiming from HMR&C an(J paio to the parish within 10 day5 from the en(J of each month. There is also an Option to review giving annuaLIy. PGS WILI also, when take up is stronger, allow the parish to budget more soundly knowing there is gUlar. uninterrupted giving. Christlanlty celebrates God's great descenL His nature does not trap him In heaven. but it leads hlm to earth. In God's great gospeL he not only sends, he becomes. he not only talks to us. he Ilves with us as one of us! 14
The PCC wllL walk forwar(l. together in falth In the SU knowleclge that God. our Father. WILI 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 V151t an(i/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 Church that prays together stay5 together and we have done this by ensuring a clarity of reason and communication. by not allowing conftict and vaLuing inpuL by spreading the workload, being cLear who is taking the lead. by not Stopping change, Looking for quabty and continuity in the lead on worship. by organising pastoral car& welcotning 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 attive during the week. The PCC need to be more intentional about making the most of these attributes. How much do 7•ve think we can grow by as a church next Yea How does our own activity contribute to the wider faMIL How do we engage with the Town Centre? The responsibiitty is ours. but GCKI also Sets the aim. and it is dear: _ Thathe ilves with us as one of us1 On behalf of the Trustees of Parochial Church Council by the Churchwardens Kenneth Hobbs & Stephen Davis 315t December 2021
PARISH OF WORTHING CHRIST CHURCH STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 Unrestricted Deggnated Restricted Funds Funds Funds Total 2021 Total 2020 Notes RECEIPTS . Voluntary Receipts 2a 36.894 36,894 39,073 Artlvityes for Generating Funds 2b 147 147 995 Investment Income 2c 5,879 5,879 5.715 Charitable Activities 2d 1,199 2,768 3,967 2.712 Other Receipts 2e 31 31 1,414 TOTAL RECEIPTS l.X99 2.768 46,918 49,909 PAYMENTS . Fundraising Costs (Trading) 3a 1,901 Chatable Activlties 3b 76.917 14,080 8,919 99.916 93.490 TOTAL PAYMENTS 14.080 8.919 99.924 NEf INCOMINGI(OUTGOING) RESOURCES -33.974 -12WI 4.151 -53,006 4S,482 Balances Brought Forward 382.646 71,035 14.911 468.592 514.074 Transfer Between Funds -300,000 300,000 BALANCES CARRIED FORWARD 48.672 358,154 8,760 415586 468592 The note5 on page5 3 to 7 form part of these accounts. All operauons are continuKng operations. 16
PARISH OF WORTHING CHRIST CHURCH srATEMENT OF ASSEfs AND LIABILrrIES AS AT 31ST DECEMBER 2021 31-Det 2021 Totsl 31-Dec 2020 Total Unrestricted Deslgnated Restricted En(JowFnent Funds Funds Funds Funds ASSETS Cash Funds: Central Ministry Parish Account No I Parish Aciouttt No 2 Parish Aciount No 4 (Boom) COIF Charities Deposit Fund Fixed Term Account No 5 Christ Church Lloyds Account (No 3) Noteg -4.927 13,508 -5.113 8.581 353.041 17,420 365 14.610 82,165 13.100 365 321.284 358.154 17.420 365 36.179 36.179 37,D68 48,672 358,154 8,760 0 415,586 468,592 Represented by: Unrestricted Funds Designated Funds Restricted Funds Endowment Funds 48.672 48,672 358.154 8.760 382,646 71.035 14.911 358,154 8.76LI 43 672 358 154 415 586 468.592 Other Monetary Assets: Investment assets.. CBF Investment Fund CBF Fixed Interest Fund COIF Investment Fun 54.367 19.371 9.978 96.857 151,224 19,371 25.637 132,294 20,750 22,631 15.659 83.716 96 857 196 232 175.675 Debtors and Prepayments: Central M4nistry Holy Trinty: Liab¢lities: Central Ministry: Examination Fee 1.260 1.260 1.140 1.260 1,260 1,140 TRusfEES RESPONSIBILrriES IN RELATION TO FINANCIAL ATEMENTs Charity Law requires the Trustees to prepare financial statements for each finarFual year which CDmply with the regulation5 set out in the Charities Act 2011. The Trvsiees have elected to take advantage of the pmvisions that apply to small charits.es and have prepared a Re[p and Paytnents Account and Statement of Assets Llabtllt which are set out on pages I to 2. I1$d&Y......... Approved by the Parochial Church Council on . Signed on their behalf by Ken Hobbs {vI Chair, Church Warden. Parish Treasuer) Signed on their behalf by Steve Davis {Church Warden) t17
PARISH OF WORTHING CHRIST CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021 I. BASIS OF ACCOUPMNG 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 Unrestricte(l Designate(J Restrirted Funds Funds Funds Total 2021 Total 2020 Note a) Voluntary Receipts Planned & Loose Collection IGift Aided Gift Aid Tax Recovered Planned & Loose Collectlon /Non Gift Ai(Jed Donations Parfsh Giving Scheme Giving via CAF Legacles National Heritage Grant 7.967 5.395 2.909 971 15.182 4.470 7.967 5.395 2,909 971 15.182 4.470 8,527 6,739 2,189 1,605 15,913 4,100 b) Activities for Generating Funds (Trading) Fees Church and Hall Hire Events 513 482 147 147 147 147 995 c) Investment Income Bank Irhterest Dlvldends 1.449 4,430 1,449 4,430 1,284 4,431 5,879 5.879 5,715 18
PARISH OF WORTHING CHRIST CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021 2. RECEZPTS (Continued) Unrestricted Designated Restricted Funds Funds Funds Totsl 2021 Total 2020 Note d) Charltablt Activiti•s Re-ordering Fund Mission Fund Flower Fund Discretionary Churchwarden's Fund Discretionary Vicarfs Fund Keeping in Touch Fund 1,199 1,199 2.042 2.042 1.708 60 666 350 654 666 e} Other Receipls Insurance Clèims and Refunds Miscellaneous 1,205 209 1.414 31 31 31 31 3. PAYMENTS a) Fundraising Costs (Trading) Church Flat Expenses & CommissioT Trading Expenses for Churthes & Halts 1,470 431 1,901 b) Charitsble Acllvltles Parish Contribution Costs Administration and PAYE costs Fabric Organlst Clergy & Housing Independent Examlnatlon Fee Appeals Restricted Warden Fund Restcted Vlcai's Fund Keeplng in Touch Verger Expense5 PCC Fees Giving Expenses 36.000 7,485 5.749 1,982 2.196 3.400 1.140 36,000 7,485 5,749 1,982 2,196 3,400 1,140 5.000 35,195 8,098 5,728 829 1,764 3,127 1,500 5.000 634 634 200 540 540 540 108 14 Carried fornyard 58,536 5.634 64.170 57.103 19
PARISH OF WORTHING CHRIST CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021 3. PAYNEPs Unrestricted Designated Restricted Funds Funds Funds Trtal 2021 Total 2020 Note b) Charltsble Activilies Brought forwar(I 58,536 5.634 64,170 57,103 Mission Fund Telephone and Broadbènd Electricity Hall Christ Church Gas Christ Church Water Hall Christ Church Photocopier Leasel Printing & Stationery Church & Hall Cleaning Repalrs and Renewals Professlonal Sevices Equiprnent Insurance Organ Maintenance Miscellanous 2,042 2.042 659 1,708 689 659 1,198 1,198 1.339 3.201 3.201 4.556 128 3,930 128 3,930 5.138 4.562 4,562 1,126 12,376 1.092 4.170 729 533 4,262 8,926 4,788 1.126 12.111 265 249 4.170 4.169 729 533 806 76.917 14.080
PARISH OF WORTHING CHRIST CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021 4. FUNDS OF THE CHARrrY UNRESTRIcfED FUNDS Balance 01-Jan-21 Expend- ture Balance Transfers 31-Dec-21 Income Central Ministry Christ Church (No 3 Alc) 345.578 37,068 42.951 76.925 -300.000 11,604 37,068 Total Unrestrlcted Funds 76 925 -300.000 DESIGNATED FUNDS Central Ministry No.2 Alc Re-order Fund Designated Fund Deslgnated Legacy Fund 33 26,697 44,305 1,199 11,727 250,000 50,000 239,505 76,697 41.952 2,353 Total L)esignated Funds 71.035 1.199 300 000 358.154 RESTRICTED FUt4DS Central Ministry No.1 Wc Missior* Fund Discretionary Churchwarden5' Fund Discretionary Vicar's Fund Chrtst Church Organ & Maintenance 2.042 666 2.042 1.151 2.628 1,817 2,054 634 Subtotal 3,781 2,676 3,873 No.2 Alc Organ YoLbth Fund 4.113 7,017 978 5.265 3,135 1.752 subtotal 11.130 6,243 4,887 Total Restricted Funds 2,768 8,919 Totsl Funds 99,924 415 586 21
PARISH OF WORTHING CHRIsf CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31sr DECEMBER 2021 . INVESTMENT ASSETS Market Market Value Value 31-Dec-21 31-DLr-20 Cost Chrlst Church Worthi CBF Investment Fund COIF Investmert Fund (Cortis Gift) 54,367 9.978 64.345 47.559 7.195 8,808 Unknown. 56.367 N/A CBF Investment Fund Endowment CBF Fixed Interest Fund Endowment COIF Investment Fund IE M Garland for poor) Restrficted 96,857 19,371 84,735 Unknown" 20,750 Llnknown" 13,823 Unknown" 119 308 NIA 131 887 TOTALS 196.232 175 675 NIA *ortglnal costs for those marked funds were established many years ago are not available. 6. STAFF cosrs AND PAYMENTS TO PCC MEMBERS 31-Dec 31-Dec 2021 2020 Gross Sèlartes and Wages.. Chrfst Church Worthing Employers NIC Penslon TOTAL STAFF cosrs 8.485 8,032 Christ Churth employs a part Ume Verger Lorrnlne RobeTts. a Trustee. who recelved É540 (£540 - 20201 and Janine Hobbs. a Trustee. who received £5.200 as Parish Admlnlstrator {£5.200 - 2020). Thls payment is gross and Income Tax is dedurted at source. Mr John Collin5 is employed as an Organ4St and recerved £2.196 (£1.764 - 2020). ThLs payment Is gross and Income Tax Is dedurted at source. Clergy Costs- There have been no Clergy costs nor any other paymerts made to Parochial Church Council members in thelr roles as trustees other than relmbursements. 7. RESERVES POUCY The trustees have considered the level of reser¥e5 they wish to retain. apwopriate to the charity's needs. This is based on the charity's size and the level of finanaal commitments held. The trustees aim to ensure the charity will be able to continue to fulfil its charttable objecbve5 even tf there is a temporary shortfall in Income or unexpected expendtture. The trustees will endeavour not to set aside funds unnecessarily. 8. RISK ASSESSMErir The PCC actively revlew the major rfsks whlth the churches face on a regular basis and believe that maintaining the free reserves stste(I cornbined with the annual review of the controls over key financlal systems carried out on an annual basls wfill provlde suffloent resources in the event of adverse condltions. The PCC have also examlned other operauonal and buslness Asks whlch they face and conflm that they have establlshed systems to mitigate the signfficant risks. 9. PUBLIC BENEFrr The charity acknowledges its requirement to demonstrate dearty that it must have charitable PLFrposes or 'aims' that are for the public benefft. Details of how the charity has achieved this are provided in the trustees report. The trustees confim that they have paid due regard to the Charity Commission guidance on public benefit before deoding what activities the charity shtyJld undertake. 22
INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS Report to the trusteeslmember5 of the Parish of WorthTrng Christ Churth. on the annual accounts for the year ended 31st December 2021. Resp•ctive responslbllltles of trustees and examiner The tStee5 conslder that an audit is not requlred for thls year (under section IHI2) of the Charities Act 2011 (the Art), and that an independent ex6mination Is needed. It Is my responsibilFty to.. examine the accounts (under section 145 of the Act). to follow the procedures lald down in the General Directlons gtven by the tharity Commi5SÉOll (under sertion 145(5){b) of the Act, and to stste whether particular matters have come to my attention. Basis ol Independent examlner's statement My examinatr.on was carrred out in accordance wlth General Directions given by the Charity Commissioners. An examination indudes a review of the accounting records kept by the organisation and a cornparison of the attounts presented with those OrdS. It also indudes considerdb'on of any unusual items or dF5cIosures In the accounts, and seeking explanations from the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be quired in an audit, and consequently no opinion is gwen a5 to whether the accounts present a Irue and fair vTrew' and the report Is limiteij to those matters set out In the statttnent below. Independent examiner's siatement In the course of my examlnatlon. no matter has come to my att10n whlch gives me reasonable cause to bdieve that in. any matla1 respett, the trustees requirernents.. to keep accounting records in accordance wdith sertlon s.130 of the Att. and to prepare accounts which accor(I with these atcounting records have not been met: or to whith, in my opinion. attention should be drawn in order to enable a proper understandlng of the accounts to be reached. P B Robinson MAAT FCIE Independent Examine Ltij 2 The Broadbridge Business Centre Delling Lane Bosham West SLssex POI8 8NF Independent Llmtir Datr: 22nd Marth 2022 23