2021-12-31-accounts

Annual Report and Financial Statements of the Parochial Church Council of Cannock and Huntington

For the year ended 31[st] December 2021

Charity registration number: 1157373

The Parochial Church Council of Cannock and Huntington Trustees’ Annual Report for the year ended 31[st] December 2021 Charity registration number 1157373

Objectives and Activities

The Parochial Church Council of Cannock and Huntington (the PCC) has the responsibility of cooperating with the incumbent, the Reverend Vicky Fleming in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical, social and ecumenical. The PCC is also spiritually responsible for the maintenance of the church

The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at St. Luke’s and St. Thomas’. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer, scripture, music and sacrament. Also, through non sacramental activities of hospitality and fellowship we aim to reach non churched members of the community.

Public Benefit

The trustees of the PCC are aware of the Charity Commission’s guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of Cannock and Huntington, it helps to promote the whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by:

• Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers; and

• Promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole.

Achievements and Performance

Promoting the Gospel and the Doctrines of the Church of England. The PCC, through the work of its Leadership Team has developed a Mission Action Plan which states the priorities of the parish in the following areas:

• (a) To develop worship across the parish that engages with the community “out there”.

• (b) To develop the ways in which we share together as a parish.

• (c) To recognise, encourage and develop leadership within the parish.

• (d) To develop our means of communication to include the parish website.

• (e) To encourage children and families in faith across the parish.

Financial Review

It is PCC policy to try to maintain a balance on free reserves (net current assets) which equates to at least three months unrestricted payments. This is equivalent to £39,341 (2020 £47,000). It is held

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to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the year end was £121,430 (2020 £59,660) which is comfortably higher than this target.

Investment Policy

The charity is granted power to invest in suitable investments under the PCC Powers Measure 1956 and the Trustees Act 2000. As a charity, the Trustees have a duty of care to take such advice as is appropriate before investments are undertaken. This advice is sought from the Central Board of Finance (CCLA) in London.

The charity’s investment policies are based on two key principles: -

• Ethical Investment – this includes ensuring that investments are held in companies which have high standards of corporate governance and act in a responsible way towards stakeholders.

• Long-term responsibilities – the trustees are aware of their long-term responsibilities in respect of the Restricted and Unrestricted reserves and as a result follow a prudent approach to investment decisions.

Investment policy for long-term funds is aimed primarily at generating a sustainable income, with due regard to the need for the preservation of capital value, and the possible need to realise investments to meet operational needs. The charity does not have a policy of generating income at excessive or high risk – known as “purchasing income”, where high returns are guaranteed at the expense of capital.

In summary, the charity has an overall policy to maximise income while preserving the real value of its funds. Due to the nature of the charity, an ethical investment policy is taken into consideration when investments are made:

The charity follows the Ethical Investment Advisory policy as recommended by the Lichfield Diocese which includes the following:

• “We aim to invest in companies that:

• will develop their business in the interests of shareholders;

• demonstrate responsible employment practices;

• are conscientious concerning issues of corporate governance, the environment and human rights;

• are sensitive to the community in which they operate.”

Planned giving, collections and donations are the main sources of fund raising along with tax recoverable.

Safeguarding

The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults).

Reporting Serious Incidents

A Serious Incident is an adverse event, whether actual or alleged, which results in or risks significant harm to the charity’s beneficiaries, employees, office holders, volunteers or to others who come into contact with the charity through its work, loss of the charity’s money or assets, damage to the charity’s property or harm to the charity’s work or reputation.

The trustees are not aware of any Serious Incidents in the last year.

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Fundraising

The PCC takes it fundraising responsibilities seriously and is very grateful to all donors – whether regular or occasional – for their support of the church and church events. PCC supporters are never taken for granted. The PCC take full responsibility for fundraising and do not use commercial organisations or professional fundraisers. All money raised is either by donations, fundraising events, special appeals or legacies for which the PCC are most grateful.

Volunteers

The members of the PCC would like to thank all the volunteers who work so hard to make our Church a lively and vibrant community. Our especial thanks go to our church wardens, Janice Middleton, Janet Bolton, Margaret Young and Trish Archer, who have worked so tirelessly on our behalf and to Geoff Pick and David Wheatley, who has helped us all understand the church’s accounts and its finances.

The Coronavirus

2021 was another particularly challenging year with the continuing disruption caused by the coronavirus pandemic and the consequent national lockdowns, restrictions on routine services, weddings and funerals as well as fundraising and other community events planned during the year. The PCC have tried to remain positive throughout to support the community as well as the fabric of our wonderful church buildings and halls. Income has dropped considerably. However, we have seen an increase in other forms of giving such as standing orders, JustGiving and one-off donations. The Diocese offered to waive the Parish Share for 1 month which has been most welcome. Staff illness has meant that the number of services held at St. Thomas’s have been significantly reduced.

The clergy have worked extremely hard in producing online services and study courses that have reached a broader audience than the routine congregation.

Risk Management

The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for potential hazards. We have safeguarding policies in place for child protection and for work with vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are reviewed annually to ensure adequate cover. An informal review of any new risks which may impact the work of the Church in the Parish is ongoing.

Structure, Governance and Management

The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure (1956) as amended that came into effect on 2[nd] January 1957, and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended).

The method of appointment of the PCC members is set out in the Church Representation Rules. The Council comprises the Incumbent, the Churchwardens, a representative of the Readers, those

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elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral Roll. The PCC members receive training from courses run by the Diocese. Members of the congregation are always urged to join the Electoral Roll, and to stand for election to the PCC.

The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. The PCC meet six times a year. [Given its responsibilities, the PCC has a number of sub committees, each dealing with a particular aspect of parish life. These include Worship, Mission and Outreach, Buildings and Finance. Each reports back to the PCC with the minutes of their meetings.

Related Parties

Donations from Related Parties

Donations from related parties during the year totalled £7,681 (2020 £7,010). All these donations were received without conditions.

Remuneration paid to Trustees

1 Trustee has been paid £1,952 during the year for their services as verger.

No other trustees have been paid any remuneration or received any other benefits from employment with the PCC

Expenses paid to Trustees

1 Trustee has been reimbursed expenses of £1,464 (2020 £1,139) for travel and subsistence during the year.

.

Reference and Administrative details

The Parish is part of the Deanery of Rugeley, in the Diocese of Lichfield. The correspondence address is ;- St Luke’s Church, Church Street, Cannock, WS11 1DE Registered charity number 1157373. Our website address is www.stlukescannock.org.uk

PCC members who have served from 1[st] January 2021, until the date this report was approved were :

Ex Officio Members

The Incumbent

Reverend Vicky Fleming

Clergy Reverend Marie Meredith (Curate) – from 1[st] August 2021 Reverend Gill Joynson (Associate Minister) Readers David Gethin Diane Holt Churchwardens Janice Middleton – St. Luke’s Janet Bolton – St Luke’s Margaret Young – St. Thomas’ Tricia Archer – St. Thomas’

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Deanery Synod Reps Margaret Warford Wendy Bishop

Elected Members

Geoff Pick - Treasurer for St. Luke’s and Parish (until May 2022) John Skurr - Treasurer for St Luke’s and Parish (from 18[th] January 2022) David Wheatley - Treasurer for St. Thomas Clare Beavon - PCC Secretary and elected member from 14[th] September 2021 Andy Brittle Martin Beavon – elected on 14[th] September 2021 Ken Ross Linda Hopley Sophie Mcfie-Hyland Teresa Atherton Deborah Brown Joanne Brownhill – from 15[th] May 2022

Approved by the PCC ……………………..……. 2022 and signed by:

……………………………… ………………………………… Revd. V Fleming (Chair) Mrs C Beavon (Secretary)

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Independent Examiner’s report to the trustees/members of The PCC of Cannock and Huntington

Registered charity number: 1157373

I report on the accounts for the year ended 31[st] December 2021 which are set out on the following pages.

Respective responsibilities of the Trustees and Independent Examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility

• to examine the accounts under section 145 of the Charities Act,

• to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities 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 the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity 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 connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect:

• accounting records were not kept in accordance with section 130 of the Charities Act or

• the accounts do not accord with the with the accounting records

I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: ………………………………………….. Jonathan Hill FCMA CGMA Lichfield Diocesan Board of Finance St Marys House, The Close, Lichfield. WS13 7LD

Date: …………………………………

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The Parochial Church Council of Cannock and Huntington Financial Statements for the Year Ended 31[st] December 2021

Accounting Policies

The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis.

There may be minor discrepancies in the totals as the pence are not being shown.

Fixed Assets

Consecrated and benefice property is not included in the accounts by s.10(2)(a)&(C) of the Charities Act 2011.

Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements.

Description of Funds

Unrestricted funds are income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its "free reserves" as disclosed in the trustees' annual report.

Restricted funds comprise of two elements:

a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest

b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.

Endowment funds are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts.

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PCC of Cannock with Huntington

Receipts and Payments Account for the year ended 31 December 2021

	Unrestricted Designated Restricted Endowment Total Prior year funds funds funds funds funds total funds
Receipts from: Donations and legacies Income from charitable activities Other trading activities Investments Other income Total income Payments on: Raising funds Expenditure on charitable activities Total expenditure Net receipts / (payments) resources before transfer Transfers Gross transfers between funds - in Gross transfers between funds - out Other recognised gains / losses Gains / losses on investment assets Net movement in funds Total funds brought forward Total funds carried forward Represented by Unrestricted General Fund Designated Bell Fund Des - St Luke Bequest Des Fund - St Luke Car Park & Grounds Des - St Luke Organ Des Fund - St Luke Restricted Agency collection Barnabas Mission Res - St Luke Chair Res Fund - St Thomas Dorothy Linford Res Trust - St Luke Fabric Res Fund - St Luke Interior Decorating Scheme Endowment Cannock Ecclesiastical Purpose End - St Luke Cannock Fabric End - St Luke Dorothy Linford Trust End - St Luke W Bowen End Trust - St Luke	62,327 10,427 — — 72,755 63,518 31,497 11,273 — — 42,771 45,494 1,044 --- — — 1,044 1,646 154 — 5,619 — 5,773 5,831 847 — — — 847 314
	95,872 21,701 5,619 — 123,193 116,804 241 — — — 241 223 157,125 674 (1,659) — 156,139 173,361
	157,366 674 (1,659) — 156,380 173,584
	(61,493) 21,026 7,279 — (33,187) (56,780) 10,000 — — — 10,000 — — (10,000) — — (10,000) — — — — 28,425 28,425 12,785
	(51,493) 11,026 7,279 28,425 (4,761) (43,995)
	1,337,142 107,043 29,693 200,002 1,673,881 1,717,876
	1,285,648 118,070 36,972 228,428 1,669,120 1,673,881 1,285,648 — — — 1,285,648 1,337,142 — 3,549 — — 3,549 3,549 — 84,619 — — 84,619 74,619 — 17,765 — — 17,765 17,223 — 12,136 — — 12,136 11,651 — — 2,538 — 2,538 — — — 5,060 — 5,060 5,060 — — 322 — 322 322 — — 1,417 — 1,417 868 — — 26,586 — 26,586 22,393 — — 1,048 — 1,048 1,048 — — — 5,690 5,690 4,978 — — — 182,239 182,239 159,432 — — — 39,201 39,201 34,295 — — — 1,295 1,295 1,295

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PCC of Cannock with Huntington Statement of assets and liabilities at 31 December 2021

	General Designated Restricted Endowment This year Last year
Fixed assets - Investments Gloucester Way - St Luke - St Lukes Centre - St Luke - St Barnabas Church Hall - St Luke - Dorothy Linford Trust End - St Luke - Cannock Fabric End - St Luke - Cannock Ecclesiastical Purpose End - St - Totals Current assets - Cash at bank and in hand Bank Current Account - Parish Office - Bank Current Account - St Luke - Lloyds Current Account - St Thomas - Interior Decorating Scheme - Parish Offi - St Lukes Centre Bank Account - St Luke Advance Fees Bank account - St Lukes Centre Bank Account - St Barnabas Church Hall Current Account - St Barnabas CBF Deposit Account - St Luke CBF Deposit Account - Totals Current assets - Debtors Accounts Receivable - Totals Liabilities - Agency accounts Agency collections - Totals Liabilities - Creditors: Amounts falling due in one year Accounts Payable - Totals Grand total	— — — — — 220,000 1,164,217 — — — 1,164,217 1,164,217 1 — — — 1 1 — — — 39,201 39,201 34,295 — — — 182,239 182,239 159,432 — — — 5,690 5,690 4,978
	1,164,218 — — 227,132 1,391,350 1,582,924 220 — --- — 220 31,425 187,534 11,026 5,726 — 204,285 — 13,228 — 322 — 13,550 322 — — 1,048 — 1,048 1,048 (76) — — — (76) — 4,341 — 903 — 5,244 4,341 4,331 — (1,121) — 3,209 9,111 20,627 — (960) — 19,666 12,303 10,562 — — — 10,562 10,562 (124,260) 107,043 28,322 1,295 12,401 24,395
	116,508 118,070 34,140 1,295 270,015 93,509 6,436 — — — 6,436 1,436
	6,436 — — — 6,436 1,436 — — (1,818) — (1,818) —
	— — (1,818) — (1,818) — 1,514 — (1,013) — 501 3,988
	1,514 — (1,013) — 501 3,988
	1,285,648 118,070 36,972 228,428 1,669,120 1,673,881

Summary of Assets by Fund - 2020

Fixed Assets Investment Assets Current Assets Current Liabilities	Unrestricted Funds £	Designated Funds £	Restricted Funds £	Endowment Funds £	Total £
	1,384,218	-	-	-	1,384,218
	-	-	-	198,706	198,706
	(46,574)	107,043	29,693	1,296	91,459
	(501)	-	-	-	(501)
	1,337,142	107,043	29,693	**200,002 **	**1,673,881 **

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Fund movement by type - 2021

	Opening Incoming Outgoing Transfers Gains/losses Closing
Barnabas R - Barnabas Mission Re Restricted Sub-total for Barnabas R Bell Des - - Bell Fund Des - St L Designated Sub-total for Bell Des - Bequest De - Bequest Des Fund - S Designated Sub-total for Bequest De Can Eccl E - Cannock Ecclesiastic Endowment Sub-total for Can Eccl E Cannock Fa - Cannock Fabric End - Endowment Sub-total for Cannock Fa Car Park D - Car Park & Grounds D Designated Sub-total for Car Park D Chair Res - Chair Res Fund - St Restricted Sub-total for Chair Res D Linford - Dorothy Linford Res Restricted Endowment Sub-total for D Linford Fabric Res - Fabric Res Fund - St Restricted Sub-total for Fabric Res General - General Fund Unrestricted Sub-total for General IDS - Interior Decorating Restricted Sub-total for IDS None - Agency collection Restricted Sub-total for None Organ Des - Organ Des Fund - St Designated Sub-total for Organ Des W Bowen En - W Bowen End Trust - Endowment Sub-total for W Bowen En Grand total	5,060 — — — — 5,060
	5,060 — — — — 5,060 3,549 276 276 — — 3,549
	3,549 276 276 — — 3,549 74,619 10,000 — — — 84,619
	74,619 10,000 — — — 84,619 4,978 — — — 712 5,690
	4,978 — — — 712 5,690 159,432 — — — 22,807 182,239
	159,432 — — — 22,807 182,239 17,223 10,541 — (10,000) — 17,765
	17,223 10,541 — (10,000) — 17,765 322 — — — — 322
	322 — — — — 322 868 994 446 — — 1,417 34,295 — — — 4,906 39,201
	35,164 994 446 — 4,906 40,619 22,393 4,624 432 — — 26,586
	22,393 4,624 432 — — 26,586 1,337,142 95,872 157,366 10,000 — 1,285,648
	1,337,142 95,872 157,366 10,000 — 1,285,648 1,048 — — — — 1,048
	1,048 — — — — 1,048 — — (2,538) — — 2,538
	— — (2,538) — — 2,538 11,651 883 398 — — 12,136
	11,651 883 398 — — 12,136 1,295 — — — — 1,295
	1,295 — — — — 1,295
	1,673,881 123,193 156,380 — 28,425 1,669,120

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Summary of Fund Movements - 2020

Unrestricted Fund Designated Funds Bell Fund Organ Fund Car Park & Grounds Bequest Fund Restricted Funds Dorothy Linford Trust Fabric Fund Fabric Fund - St T Chair Fund - St T Barnabas Mission Fund Interior Decorating Endowment Funds W Bowen Trust Dorothy Linford Trust - St L Cannock Fabric - St L Cannock Ecclesiatical Purposes - St L Total Funds	Reserves at 1st Jan £	Incoming Resources £	Resources Expended £	Investment Gains/Losses £	Transfers £	Reserves at 31st Dec £
	1,407,106	100,109	(170,073)	-	-	1,337,142
	3,534	15	-	-	-	3,549
	11,728	316	(392)	-	-	11,652
	7,486	10,470	(733)	-	-	17,223
	75,259	-	(639)	-	-	74,620
	98,007	10,802	(1,764)	-	-	107,043
	770	976	(878)	-	-	868
	17,846	4,548	-	-	-	22,394
	308	370	(678)	-	-	-
	322	-	-	-	-	322
	5,252	-	(192)	-	-	5,060
	1,049	-	-	-	-	1,049
	25,547	5,894	(1,748)	-	-	29,693
	1,296	-	-	-	-	1,296
	32,089	-	-	2,207	-	34,296
	149,174	-	-	10,258	-	159,432
	4,658	-	-	320	-	4,978
	187,217	-	-	12,785	-	200,002
	1,717,877	116,804	(173,585)	12,785	-	1,673,881

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PCC of Cannock with Huntington

Analysis of receipts and payments for the year ended 31 December 2021

RECEIPTS Donations and legacies Gift Aid - Bank Gift Aid - Envelopes Other planned giving Loose plate collections Giving through church boxes One-off Gift Aid gifts Donations appeals etc Tax recoverable on Gift Aid Legacies Non-recurring one-off grants Other funds generated Total Income from charitable activities Statutory Fees for Weddings and Funerals Local Fees for Weddings and Funerals Cafe Income Parish Magazine Car parking fees Gloucester Way rental St Barnabas Hall Lettings St Luke’s Centre Lettings Other Hall Income (St Barnabas) Church Office Income Total Other trading activities Rummage sales etc Total Investments Bank and building society interest Dividends Rent from lands or buildings Total Other receipts Insurance claims Church to Parish Office Transfer Total	Total Unrestricted Designated Restricted Endowment This year Last year 28,994 — — — 28,994 41,861 10,003 — — — 10,003 — 4,260 — — — 4,260 — 4,476 151 — — 4,628 11,764 241 — — — 241 — 2,694 — — — 2,694 — 1,769 276 — — 2,045 2,063 7,188 — — — 7,188 7,831 — 10,000 — — 10,000 — 1,500 — — — 1,500 — 1,198 — — — 1,198 ---
	62,327 10,427 — — 72,755 63,518 3,920 — — — 3,920 6,627 3,147 883 — — 4,031 701 64 — — — 64 316 --- --- --- --- --- 1,238 — 10,390 — — 10,390 10,450 --- --- --- --- --- 5,327 15,469 8,468 — --- — --- — --- 15,469 8,468 15,735 5,100 392 — — — 392 — 37 — — — 37 —
	31,497 11,273 — — 42,771 45,494 1,044 — — — 1,044 1,646
	1,044 --- — — 1,044 1,646 151 — 5,619 — 5,770 404 5,427 3 — — — 3 ---
	154 — 5,619 — 5,773 5,831 347 — — — 347 314 500 — — — 500 —
	847 — — — 847 314
**Receipt Total **	95,872 21,701 5,619 — 123,193 116,804

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PAYMENTS

Raising funds Costs of fetes & other events Stewardship costs 241 --- — --- — --- — --- 241 --- 92 131 Total 241 — — — 241 223 Expenditure on charitable activities Giving to missionary societies 275 — — — 275 — Giving - relief and development agencies 2,108 — — — 2,108 3,920 Mission and Outreach 186 — — — 186 — Secular charities 1,577 — — — 1,577 — Ministry parish share etc 82,035 — (2,538) — 79,497 75,883 Assistant staff costs 13,636 — — — 13,636 — Salary of parish administrator 8,889 — — — 8,889 33,356 Verger Salary 1,952 — — — 1,952 — Organist Salary 3,127 — — — 3,127 — Working expenses of incumbent 1,464 — — — 1,464 1,139 Parsonage house expenses 305 — — — 305 — Church running - insurance 4,075 — — — 4,075 4,069 Church office - telephone 1,347 — — — 1,347 — Church Office - stationery 384 — — — 384 — Church Office - equipment 2,415 — — — 2,415 — Organ / piano tuning 543 398 — — 942 --- Church maintenance 974 276 432 — 1,682 — Cleaning 3,720 — — — 3,720 — Waste Disposal 4,724 — — — 4,724 13,895 Vermin Control 303 — — — 303 — Upkeep of services 1,857 — 446 — 2,303 307 Upkeep of churchyard 102 — — — 102 — Administration 315 — — — 315 — Storage - off site 800 — — — 800 — Church running - electric 1,333 — — — 1,333 2,159 Church running - gas 6,941 — — — 6,941 4,339 Church running - water 339 — — — 339 — Magazine expenses 404 — — — 404 733 St Lukes Centre running - electricity 1,923 — — — 1,923 5,042 St Lukes Centre running - insurance 1,463 — — — 1,463 — St Lukes Centre running - maintenance 3,092 — — — 3,092 12,062 St Lukes Centre running - telephone 28 — — — 28 — St Lukes Centre running - water 213 — — — 213 — St Barnabas Hall running - electricity 2,757 — — — 2,757 — St Barnabas Hall running - insurance 1,001 — — — 1,001 — St Barnabas Hall running - maintenance 231 — — — 231 — St Barnabas Hall running - water 104 — — — 104 — Hall running - heating and lighting 15 — — — 15 — Governance costs examination/audit fee 150 — — — 150 150 Church major repairs – structure Hall & Centre repairs — --- — --- — --- — --- — --- 11,928 4,379 Total 157,125 674 (1,659) — 156,139 173,361	241 --- — --- — --- — --- 241 --- 92 131
	157,125 674 (1,659) — 156,139 173,361
EXPENDITURE TOTAL	157,366 674 (1,659) — 156,380 173,584
GRAND TOTAL	(61,493) 21,026 7,279 — (33,187) 56,780

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Allocation of Support Costs

Support costs comprise Trustee Training and Governance Costs etc. Due to the nature of the financial activities of the PCC, these would be allocated across Charitable Expenditure which comprises the majority of its expenditure and as such are automatically charged there.

Staff Costs

	2021	2020
Wages & Salaries	£ 27,604	£ 33,356
Average number of employees	3	3

During the year the PCC employed 2 administrative officers and 1 verger (all part-time) and no payments were large enough to attract social security costs.

There were no employee benefits to key management personnel in the previous or current year.

The PCC use the National Employment Savings Trust (NEST), via the Diocesan Payroll Scheme, for its pension payments

Trustees’ Remuneration & Expenses

• 1 Trustee has been reimbursed £1,464 (2020 £1,139) for travel and phone expenses incurred during the year.

• 1 Trustee has been paid £1,952 during the year for their services as verger.

Related Parties

No other expenses were paid to any other PCC member, persons closely connected to them or related parties.

Donations from related parties (PCC members) totalled £7,681 (2020 £7,010).. .

Fees for the examination of the accounts

----- Start of picture text -----
2021 2020
£ £
Independent Examiner’s 150 150
fees
Other fees (eg
accountancy services) - -
paid to the Independent
Examiner
----- End of picture text -----

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Analysis of Transfer between Funds

£10,000 transferred from car park account to general unrestricted account in 2021.

Fund Descriptions

Designated funds: Bell Fund - monies held for the maintenance of the bells Organ Fund - monies held for the maintenance and upkeep of the organ Car Park & Grounds - monies held for the maintenance of the church grounds Bequest Fund - monies left to the parish for specific purposes

Fixed Assets

a. Tangible Fixed Assets

	2021 Freehold buildings £	2020 Freehold buildings £
Cost
At 1.1.2021	1,384,218	1,384,218
Disposals	(220,000)	-
At 31.12.2021	1,164,218	1,384,218

Freehold buildings are shown at cost and relate to Gloucester Way, St Luke’s Centre, and St Barnabas Hall. During 2021 the Gloucester Way property was sold at the carried forward cost. No depreciation is provided on these properties as the PCC is of the opinion that their market value is in excess of the values shown in the accounts.

b. Fixed Asset Investments

	At 1.1.2021 £	Change in market value £	At 31.12.2021 £
DorothyLinford Trust	34,296	4,906	39,202
Fabric Fund	159,432	22,807	182,240
Cannock Ecclesiastical Purposes	4,978	712	5,690
Total	198,706	28,425	227,132

All investments are held with CCLA in the Investment Fund. There are 1,674 shares for the Dorothy Linford Trust, 782 shares held for the Fabric Fund, and 243 shares in the Cannock Ecclesiastical Purposes Charity.

There is a connected charity, called St Luke's Charity (registered with the Charities Commission, no. 243361) with 2 Trustees, that are also Trustees of this charity. St Luke's Charity has investments vested in the Vicar and Wardens of Cannock and Huntington.

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Debtors

Debtors
	2021 £	2020 £
Gift aid recoverable	-	-
Other debtors	6,436	1,436
Total	6,436	1,436

Liabilities due within one year

	2021 £	2020 £
Parish share	-	-
Other creditors	501	3,988
Agency	(1,818)	0
Total	(1,317)	3,988

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Statement of Financial Activities 2020	Statement of Financial Activities 2020
		Unrestricted Funds £	Designated Funds £	Restricted Funds £	Endowment Funds £	Total Funds 2020 £	Total Funds 2019 £
Incoming Resources							*see note 12 for full comparatives
Income and Endowments from:
Donations and Legacies	2a	63,218	300	-	-	63,518	80,239
Activities for GeneratingFunds	2b	1,276	-	370	-	1,646	14,647
Income from Investments	2c	256	51	5,524	-	5,831	5,730
Church Activities	2d	35,044	10,450	-	-	45,494	77,266
Other	2e	314	-	-	-	314	15,475
Total		100,109	10,802	5,894	-	116,804	193,357
Resources Expended
Expenditure on:
RaisingFunds	3a	223	-	-	-	223	1,884
Church Activities	3b	169,850	1,764	1,748	-	173,361	210,550
Other	3c	-	-	-	-	-	-
Total		170,073	1,764	1,748	-	173,585	212,434
Net Income/(Expenditure) before investment		(69,964)	9,037	4,146	-	(56,780)	(19,077)
Net gain/(losses) on investments	7(b)	-	-	-	12,785	12,785	29,297
Net Income/(Expenditure)		(69,964)	9,037	4,146	12,785	(43,995)	10,220
Transfer between Funds	6	-	-	-	-	-	-
Net Movement in Funds		(69,964)	9,037	4,146	12,785	(43,995)	10,220

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