2020-12-31-accounts - The Parochial Church Council Of St.mary The Virgin, Newent, Gloucestershire

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Chairman’s Report 2020

In many respects, the report for this year echoes the words used last year. We have all experienced something that we did not expect and did not understand and had to navigate without a map.

This is still the case in so many ways, both for our church family and for our wider community, nation and world.

In the midst of all this we have sought to do what we could to enable our worship life to continue while at the same time looking after each other and those around us who are most vulnerable. 1 Corinthians 13 – “now these 3 remain – faith hope and love, but the greatest of these is love.”

I want to take the opportunity of expressing all our thanks to 2 people. First to Fred Passant who has held the position of Treasurer and Honorary Treasurer for 26 years (now retiring), and this after faithful service as Churchwarden. He has not only managed the funds on our behalf working with the Church Council, but has always given sound advice to those needing it concerning the financial picture, and all with a heart and motivation focussed on the mission of the church.

Second, I want to express thank to Graham Barton for his service over this difficult period as Health and Safety Officer for our church. Little did he know what would face us all when he took on this position, but he has advised and supported his fellow members of the Core Team, when we have encountered such huge challenges. We are so grateful for the extra miles that Graham has travelled to enable us to serve each other and care for those in need.

We continue to have challenges of other types too. The finances of all churches, in common with other sections of our communities, have been hard pressed with usual income reduced from specific events. Our Gift Day 2020 was a great answer to prayer, and this enabled us to finish the year in a much better place than would otherwise been the case.

Our new financial team will be working to take over from Fred and up-date our systems and we pray for them in all of this.

The heart we have as a church is to make Jesus known and to show his love. Our aim, as our Vision states is to be a People and Place of God’s Presence and Peace. We long to see people come to faith and to grow in that faith, and this will be our focus as we move on through, hopefully to an end of the pandemic in the near future.

With my thanks and love to each and every member of our church family

Simon

ST MARY’S CHURCH, NEWENT: APCM held on Monday 6 July 2021 in church and on Zoom.

Simon opened the meeting with a reading from Mark 6; feeding the five thousand. We need to listen to God as we come out of the Covid -19 regulations. There have been many answers to prayer since the pandemic started. He ended with prayer.

Simon thanked the singers and musicians who have performed in church and on Zoom. He also thanked Dan and Nigel for their technical skills and to everyone who has shared God’s word with us.

ATTENDANCE APOLOGIES FOR ABSENCE

Graham Barton

VESTRY MEETING

All church officers were re-elected, Church Wardens - Roger Beard & Carol Gooch Deputy Warden & Methodist Secretary - Sue Cook Baptist Secretary & Safeguarding officer - Janet Roach Secretary to the Council - Carole Brookes

ANNUAL PAROCHIAL CHURCH MEETING

Minutes of 2020 were accepted by members present, after Simon outlined three amendments. Elizabeth Beard, Jo Goodwin and Pam Roberts will all continue on PCC for another three years. Shirley Johns will continue on PCC with her current yearly review. Members can be co-opted throughout the year. Simon thanked PCC members.

ELECTORAL ROLL

200 members to include 147 Anglicans, 9 Methodists, 21 Joint, 6 Baptists, 7 Church in Good standing.

SAFEGUARDING

GDPR and training requirements are in hand, and we are also insurance compliant. Janet Roach is our Safeguarding officer.

HEALTH & SAFETY

Thanks to Graham Barton for all H&S, Hygiene and Fire safety measures which have helped to keep us safe during the pandemic. A gift of appreciation is going to Graham as he stands down from this post.

FINANCIAL REPORT

PRESENTATION OF ACCOUNTS Thanks were given to Fred for his management of our finances. Income of 2020: envelope receipts were very low although Bankers Orders were up. Tax refunds, general plate collections and fees were all down and there was no fund-raising. We received £12,631 for our Annual Gift Day, helping our income which was only slightly down. Our outgoings were £60,500. Our General reserves are £28,300 - down £5,000 on the previous year. There is still £8,000 to be paid on the Diocesan bridging loan for the Porch project - the final bill for the porch has been paid. Lord’s Larder: Thanks to individual and corporate donations, and those from surrounding supermarkets. Fred Passant is standing down as Treasurer after 26 years in post, also serving as Churchwarden before that. Simon presented his wife Brenda with gifts in Fred’s absence (he was present on Zoom). There was a card, a framed picture of our

most recent stained glass window and a bottle of wine -1994 vintage, to reflect the 26 years of Fred’s service.

We need a finance team - Nigel Gabb will take an advisory role with Shirley Howard looking after the accounting. We need a third person to take care of the banking side. Assembled members agreed they should serve.

Tudor Powell has agreed to continue as Independent Examiner.

REPORTS

Simon had already circulated reports from Finance, Graham Barton, Churchwardens and Youth Team. There is a grant of £8,000 for Josh to do his Youth work in Primary and Secondary schools and locally.

Simon thanked Rev Dan Browne for his ministry here during his curacy.

Simon says we should proceed cautiously as the country unlocks. We need to plan for how we re-introduce church activities. Mutual care will be a priority.

Simon invited questions from the floor - Rev David King expressed his concern over the decision by the Methodist Church to conduct same-sex marriage services.

Thanks were offered for Simon for all he does for us here at St Mary’s, and Dan thanked Simon for all his care and attention. Thanks offered too, for the services over Zoom and music in church.

Simon gave thanks to all and ended the meeting with prayer at 8.45pm.

ST. MARY'S CHURCH NEWENT istered Chari No. 1158153 FINANCIAL STATEMEINTS FOR YEAR END 31.12.2020 THESE FINANCIAL STATEMENTS HAVE BEEN PREPARED FOR ST. MARY'S CHURCH. NEWENT TO COMPL Y WITH THE CHURCH ACCOUNTtNG REGULATIONS, 2006. THEY INCLUDE ACCOUNTS OF RECEIPTS AND PAYMENTS, A STATEMENT OF ASSETS AND LIABILITIES AND NOTES TO THE FINANCIAL STATEMENTS. NOTES TO THE FINANCIAL STATEMENTS Basis of accounting.. _ The financial statements have b¢¢n prepared on th¢ receipts and paym¢nts basis and in accordanc¢ with the chUh Accounting Regulations, 2006. Accounting Policies: _ The financial Statents include monetary transactions, assets and liabilities for which the Church Council Can be held reswnsible. They do not include the accounts of other Church groups that owe aifdiation to another body {¢.g. Mothers" Union). Receipts ar¢ Included as r¢ceived and expenditure when irrevocably paid. The Receipts and Payments ACUnt differentiat¢s between different kinds of funds: Reslrided funds must be used for the purposes for which they were given. Unrestricted funds repiesent money that can be used for the general purposes of the Church Council. amounts that have b¢¢n earmarked for specific purposes are called deslgnaled funds (which nevertheless remain UDrestric*d), the rest b¢ing called general funds. Signed....... F.H.Pass J.P. Hon. Treasurer Approved by Church Council:_ Signed.......... . . ............... (Rev. S. Mason, Chairnthn) Signed.: Imr. R. Beard BEM- member) Key date&.' Independeni Examiner Reporl- 5 February 2021 Draft to Chwch Cotfftcil- 8 Febrnary 2021 Approval by Cht4rch Council- 15 March 2021 Posted on Notice Board-- 7.may 2021 Presenlation lo Annuul Meeiing- i.b.a. 2021 Sendto Methodist Circuil- 7 May 2021 S'et2d to Diocesan Secretary - 7May 202] Page l of 9

2019 RECEIPTS 2020 General Funds Funds Offertories Envelopes Bankers orders Tax refunds {geneTal) General plate 17237 12539 9730 5276 44782 11667 16205 7673 1931 37476 37,476 Other recei Church K room users Legacies I memoriums Gift Day (inc. gift aid tax) FWO I S'al¢s Fees. etc. Inv. inc. (ex¢ CBF shares) Onion Fayre t¢as, stall. etc Other donations Gift Aid donations ioio 430 2433 172 2914 48 1199 999 1957 11162 1212 373 12631 61 685 50 940 1622 17574 17,574 Restricted recei tsfor ecific charities / ur oses Stmary's Roinania link Romania (Redditch group) Refurbishment Fund (Por¢h) For Lord's Larder Bell Fund (TranyfeF Bell AIC for bell frarne work) Memorium (for specfied causes) Churchyard upkeep - FODDC Worldwidemissions (Leprosy) Children's Society Other charities (TRAC, Listeni118 Post, Send a Cow) Flower Fund Christian Aid Agape For Discretionary Fund Brunel 2020 (deposits) Com ut¢T Fulld TOTAL 3389 4206 2864 15561 iooo 271 2050 290 515 416 50 37 125 670 375 31,819 31,819 TOTAL RECEIPTS

PAiIIENfs 2020 General funds 2019 Ministr chureh e Restric TOTAL 1038 Rector expenses 194 Curate ¢xpens¢s 500 BaptisÈ Home Mission 1082 Office & telephone 219 Teaching, cours¢& etc. 3719 Gas & water 1262 Electricity 5110 Insurance 1591 Cleaning services 3191 Repairs I mailltenatL¢¢ 885 500 1541 178 3252 1305 5191 1277 2369 IEI 444 seI¢¢s / altar 715 Mustc expenses 117 JuDior church 912 Piiniing Istationary 35632 Parish Share Anglica 4472 Methodist Circuit 978 Youth work 434 Miscellalleous 61,610 772 41 37520 4580 496 207 60,510 Restricted tnts to eharities etc. Bell fund St Mary's Romallia link Ronwiia R¢dditch GTOUP Refutbislkment fimd {POTch) Refurbiskunent Loao r¢paJqnent Lord's Lard¢r Flower fimd memoriu (for specified causes) 271 Worldwide Missions (Leprosy) 290 Cbilth'¢ns Society 500 Other charÈties (TrAL.Li¥t Po&t. St] a Cow) 416 Cknistian Aid Agap¢ ChuhYd upkeep runel 2020 25 2848 4726 1619 4080 7791 2049 758 73 TOTAL 25 Tot41 unrestricted Tecei Total restricted recei Crand Total ruei ts minus above niinu8 aboTre eDts = £986. ents of £60 510= ents of £25 73=£6446 P2

BANK ACCOUNTS - MOVEMENTS IN 2020 ds Classie current aeeount Opening balance Add r¢ceipts Less paym¢nts Closing balance 5514.92 26320.94 23141.90 Barela current account Opening balance Add receipts Less payments Closing balance 31704.34 56036.89 58788.10 28 953.13 Llo ds Bell fund Alc Opening balance Add interest and deposits Less transfers Closing balance 2018.80 0.70 1000.00 1019.50 Total of above £39 248.59 counts lus £25 sh tloat ehurcb + £557 eash float treasurer Treasurer cash float held to help with Lord's Larder operations. (Thts float has had £1,500 transfers from Barclay's account during the year).

STATEMENT OF ASSETS AND LIABtLITIES AT 31 DECEMBER 2020 2019 2020 £ Restricted vestments £ Unrestricted 2448 4348 1668 8464 C of E CBF Investment Fund C of E CBF Deposit Fund Glos. Diocese CBF Trust (87 shares) 2.695 4.366 Bank Accounts I Cash TKD UNRESTRICTED TOTAL Barclays (current account).. . Agape fund (£28 frorn 2019) 65 Refurbishment fimd (inc. Loan £12k) 4600 Flower fund (£135 from 2019) 135 Eaunenical fund 430 Romania project (£1698 from 2019) 2239 Romania Reddith fund (£451 from 2019) (69) Marriage prep course {from 2014) Lord's Larder (£1445 from 2019) Discretionary Fund (£340 from 2019) Brunel Manor 2020 deposits Childrens Soci¢ty Clock Fund Christian Aid (£37 frorn 2019) FODDC - chwchyard Bell Fund Total Barelays balance 9215 465 480 15 554 87 (5) 375 Lloyds Classic {current} Alc Lloyds Bell fund Alc Cash 8,694 8.694 1,019 582 582 47 39248* 1.019 TOTAL 19 This is the total eash held in bank accounts, see page 4. The above show5 our total restrtcted and unrestricted cash and illveslment assets as £48,091. The Unrestricted Asse i.e. our general r¢serv¢s, stalld at £2&390 at the year end compared to £33,462 th¢ pr¢viow yvar, i.e. afall of £5,072. This dec¢ is due to th¢ excess expendi¢ur¢ over income in 2020 of £5,460 (p8g¢ 3),and a rise in th¢ value of th¢ investmellts of £379. N.B. Th¢ Refiwbishmellt Fund includes the £20k loan from the Diocese, £12k of wbich is outstanding with the n¢xt pa)rynent of £4k beillg due in January 2021. Monetary liabilities: _ £12k Diocesan Loan outstandin¥. D¢btovJ: _ The bra¢k¢t¢d sums shown above. Fixed assets: . These includ¢ the lanQ buildings and contents belonging to Si. Mary's. Apart from the items listed in the Terrier &Thd Inventory {which llidudes the silver plate, etc.) the Church Council also oiwns the following items used iti the running of the chur¢h.. Computing equipment, photocopi¢r, piinting machine, video playerlmonitor> public address system. stage lighting, CCTV systenL Y&TiOUS miciophon¢s and a CD / tap¢ player. All these ar¢ S¢CUTity coded.

ST. MARY'S CHURCH NEWENT- OUTWARD GIVING - 2020 Lord's Larder Sl Mary's Romania Project Agape (India) Baptist Home Mission L¢prosy Mission (excludes boxes) Listening Post Children's Society (illcludes boxes) Glouc¢st¢r Historic Church¢sTrust csw Send a Cow Tom Roberts Adventure Centre Metbodist Charity Christian Aid see b¢low 2848 500 290 94 500 50 190 131 (In 2019 the outward giving was £7.060) * Lord's Larder - see P 8 for detsils. N.B. The above does nol include Memonums (collections taken for specific charitable causes at funeia]s). These total £271 for 2020 and are paid direct to the funeral directors.

REFURBISHMENT FUND 2020 PorLb Pro eet FDnd balance at 01.01.2020 inc. loan (from 2019 accounts) 7,435 Income in 2020 Donations (inc.gift aid tax) Listed Places of Worship VAT grants Christmas Tree Festival (net ) 2,672 192 Total enditure in 2020 Porch project Loan repayment to Dioc¢s¢ Aichitect fees - Lady Chapel roof project 1,356 4,080 263 Total Balance for 2020 Overall Balance at 31.12.2020 NB £12k lus interest is due to the Diocese £4k in Janua 2021 This balance is r r¢sent¢d on 1.1.21 b CBF Deposit Fund CBF Share Alc Barclay's current Alc The Porch Pro ect is thus in debt b £7 400 lus a little int¢r¢st

LORD'S LARDER FUND 2020 Fund balance at 01.01.2020 (from 2019 accounts) 1,445 Income in 2020 Personal donations (inc.gift aid tax) 7.863 corrate donations (inc. Ncw¢nt Town Council, Avara Foods, Probus, Rotary) 6,180 Other donatios (inc.church¢s, grants, schools) 1518 TOTAL 2020 INCOME 15,561 enditure in 2020 Food puchases (additional to donated food) Lord's Larder infrastrurtur¢ Service Gharges (inc.electricity) Co-ordination and deliv¢ri¢s 1.552 2.254 621 3,364 TOTAL 2020 EXPENDITURE 7,791 Balance for 2020 Overall Balanee at 31.12.2020 This balance is re esentedon 1.1.21 b CBF Deposit Fwid CBF Share Alc Barclay's current Alc N.B. Substantial amounts of donated food + extra delivered durin the urehases have been

iner kndepend¢#t Examltytes Report to the Church Council This report on the ofthe abov¢ for the year ended 31st December 2020 15 in respeL ofsn exami10 carrÈed in acCdanCe with r¢gulion 3(3) ofthe Church Accouttting R¢8ulations 1997 and s¢ctioo 43 ofthe Clwiti¢s Act 199J. Respective re*pTrLsAbllltru of the Chureh Councll tbe esamitter A5 members of the Clmrth Comi(al you aro iQSPOtiSAble for the pIaratiOn o£tbe oooowits? y<XI sider that the audit require£nent ofregulation 313) oftkne Cknh AccO]lIng Re8ulations 1997 aDd Xtion 43(2) ofthc Charities 1993 donot apply. It is my Tesponsibility to issue this rcport on these accouats in acGordanGe with regulation 25 ofthe Cborch AGwuntiDg Regulations 1997 aTh1 r¢8ulation 7 ofthe CIMities (Accotmts and Reports) Regulations 1995. B8Ji5 ofiodependent ¢samiper's reprt My examination was carried ollt ill 8¢cord8ftce with the Gett¢ral Dir¢ctions gTven by th¢ Clty Comu]iwo tioll 43(7)(b) ofthe Charities Act I3. The ex10 included a Tevt¢w of th¢ Counting TOrdS mainkn¢d by th¢ Church Council aud the com&S0 ofthe &Cullts with those records. It also includas consideratioa of ally unusual items or disclo¢S in the aGcowtts. and seeking ¢xplaDatiolls from you ag truStS conLYrning Atch nkns. The pro¢ethS lllldertak do not provide all the evidell that would bc requÈr¢d ID all audit aud conswelltty" I do not express an autht opinion ou the view by the acwunts. kndwdent ewnitter's rtatement whith gives m¢ reasonable ¢ause to believe that iu a material r¢spe¢t the requirenrnts (a) to k¢ep aOlting records in accordance Tryith section 41 ofthe Chwities A¢t 1993. alld (b) to prepare 0ts which accord with the accounting 0rd4 have not b¢eB nkeL 2 to Trwbich in my Opinio attention should be draTrn to enable aprop¢r ofthc a¢counts to be rtrdch. Slgned Tudor Powell Foye House Cllfford's M¢syJe Newen6 GL18 IJN