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2021-12-31-accounts

St James & St Peters Parish of Preston Plucknett

Year Ended 31 December 2021 Parochial Church Council Report and Accounts

Registered Charity Number 1158827

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

Contents Page
1. Annual Report 3 - 12
Administrative Information, Structure, Governance and Management
Aims and Purpose
List of Members
Membership
Statement of Members Responsibilities
Objectives and Activities
Achievements and Performance
Deanery Synod Report
Safeguarding Report
Building and Fabric Report - St James
Building and Fabric Report - St Peters
2. Independent Examiners Report 13
Consolidated Finance Reports for the Parish of Preston Plucknet
3. Financial Review and Reserves Policy 14 -15
Parish Finance Review
St James Finance Review
St Peters Finance Review
4. Statement of Financial Activities 16
5. Statement of Financial Position (Balance Sheet ) 17
Notes to the Financial Statements (1- 19) 18 - 28

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The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

1. Annual Report

Administrative Information, Structure, Governance and Management

St James’ and St Peter’s churches are situated in the Preston Plucknett district of Yeovil. The r egistered name is: The Parochial Church Council of the Ecclesiastical Parish of Preston Plucknett.

They are part of the Diocese of Bath and Wells within the Church of England. The parish office address is St James’ Church Preston Plucknett, Preston Road, Yeovil, Somerset, BA20 2EZ

These financial accounts are the consolidated accounts for St James, St Peter’s and St Peter’s Community Centre. A summary of the separate accounts can be found under notes 17,18 and 19.

Owing to the overall turnover being over £100,000 the PCC is registered with the Charity Commission as a charity in its own right. The Charity Registration number is 1158827.

The PCC is aware of the risks to which it may be exposed. Financial risk is managed through the PCC’s financial procedures. Insurance continues to be with EIG. Statutory and legal requirements, in particular health & safety and safeguarding are closely monitored by nominated individuals on the PCC and consents, processes, procedures and records are sought or maintained, as necessary. The PCC is aware of the introduction of the General Data Protection Regulations in May 2018 and maintains arrangements to ensure compliance

The members of the PCC are appointed according to arrangements set out in the Church Representation Rules. Members are recruited from those on the Church Electoral Rolls and appointed for a three-year term. The appointment is made either by approval at the Annual Parochial Church Meeting or by election if necessary. New members are introduced to PCC procedures and workings.

Aims and Purposes.

The Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent the Reverend David Keen, and the Associate Vicar Rev Ruth Chapman, in promoting the whole mission of the Church of England, pastoral, evangelistic, social and ecumenical.

The PCC is also specifically responsible for the maintenance of the Church Buildings comprising St James main church, entrance vestibule and office and church room, and St Peters main church and St Peters Community Centre. The parish supports a monthly act of worship in the Abbey Community Centre, and also in care homes around the parish.

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The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

List of Members

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

Vicar Rev David Keen Chairman
Associate Minister Rev Ruth Chapman
Church Wardens St James Mr. Graham Hardacre
St James Mr. Barry Julier (Resigned Oct 2021)
St Peters Mrs. Caroline Turner
St Peters Mrs. Annie Nixon (Resigned April 2021 )
St Peters Mr Ian Croxford (Appointed June 2021)
Mrs. Jackie Parsons PCC Secretary
Deanery Synod St Peters Mrs. Margaret Hamilton
St Peters Mr. Mike Nixon (Resigned Dec 2021)
St James Mr Christopher Harris
St James Mr John Hanson
Elected Members
St James - 2018 Mr. Mike Eaton
St James - 2018 Mr. Ian Holloway Health & Safety Officer
St James - 2019 Mr. Rob Kirton
St James - 2019 Mr. Douglas Beard
St James - 2019 Mrs. Pam Kirton
St James - 2020 Mr. Mark Felstead
St James - 2020 Mr. Agostino Colaco
St James - 2021 Ms Amanda Skeats
St James - 2021 Mrs Ruth Kirkham
St Peters - 2020 Mrs. Kristi Baker
St Peters - 2020 Mrs. Frances Croxford PCC and St Peters Treasurer
St Peters - 2020 Mrs. Rhoda Wilson
Co - Opted Mr Michael Cox Safe Guarding Officer
Mrs Lynne Biles (Appointed April 2021) St James Treasurer

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The Parochial Church Council of Preston Plucknett st Annual Report and Financial Statements for the Year ending 31 December 2021 Statement of Members Res onsibilities The members are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounling Stsndards (United Kingdom Generally Accepted Accounting Praclicel. The law applicable lo charits'es in England and Wales requires the members to prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to.. seleGt suitable accounting policies, as described on page 18 and then apply them consistently,. obseNe the methods and principles in the Charities SORP.. make judgements and estimates thal are reasonable and prudent; slate whether applicable acwunting standards have been followed, subject to any material departures disclosed and explained in the financial slat8ments'. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The members are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply wilh the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. The members are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Rev D Keen (Chaimanl J Parsons (Secretary) Date: 3 April 2022. Page 5 of 28

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

Membership :

The PCC maintains separate electoral rolls for each of our Churches.

St James

As at March 2021 there were 93 parishioners (2020 – 93) on the St James’ Electoral Roll. Church membership, those who regularly worship and are counted as part of the annual parish return, is 114 (2020 – 122) and the average weekly attendance, taken during October 2021 was 53* adults (2020 – 23) and 7 children (2020 – 0).

*During the year we had a reduction of 10 members; 5 deceased, 3 moved away, 2 joined another church. But 8 new members were added.

**These figures were average actual church attendance during October limited by Covid restrictions. However, using the same formula applied last year for calculating ‘attendance’ based on figures extracted from Youtube analytics then the averages for October come out at 70 adults (80 -2021) and 8 children (8 – 2021). These figures include ‘actual’ church attendance.

The PCC maintains separate electoral rolls for each of our Churches.

St Peters

As at March 2021 there were 48 parishioners (2020 – 48) on the St Peters’ Electoral Roll. Church membership, those who regularly worship and are counted as part of the annual parish return, is 59 (2020 - 59) and the average weekly attendance, taken during the October 2021 count was 30 adults (2020 - 20) and 2 (2020 -0) children. Also 15 adults and 11 Children addended Messy Church.

Objectives and Activities

The trustees have paid due regard to the guidance given by the Charity Commission on public benefit when deciding what activities, the charity should undertake.

The objectives of the PCC are summed up in our vision statement: -

The PCC’s vision is to be a wholehearted church where we:

This happens through the gathered life of the church (Sundays and in cell groups) in our ministries and programs (children and families ministry, groups for senior citizens, pastoral visitors etc.) and in the lives of church members in their day-to-day settings.

The PCC is committed to enabling both churches to grow and flourish. The PCC maintains an overview of worship, finance, outreach,[i] ministry, facilities, and parish policies (e.g. Safeguarding). All of this is to serve our calling as God’s people – a people who worship God through Jesus, and who share the message of Jesus with the world.

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The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

Achievements and Performance

Covid

The Covid-19 pandemic overshadowed the whole year, with some form of restrictions in place throughout. The year began with a national lockdown, with small outdoor gatherings allowed from April, indoor gatherings up to 6 people from May, and restrictions on gatherings for worship, funerals and weddings lifting during May-July. Infection rates remained high, but with increased levels of vaccinations, wide availability of home testing, and face coverings, it was deemed safe to meet indoors without social distancing, and even to sing!

Much of the year was spent adapting and responding to the latest guidance and laws. For several months it felt like the whole of the life of the church was conducted through a video screen. Our cell groups all managed to keep going, and were at the heart of our pastoral support and encouragement of each other through a difficult year. A system of ‘phone pastors’ for the housebound and isolated helped us to keep in touch with many people across both churches.

Here are some of the things that happened in 2021:

After restrictions lifted in the summer, church members have been slowly returning to in-person worship, but in numbers significantly down on pre-lockdown levels. Others have continued to value the live streamed service, when unable to join us in person due to illness, shielding or family commitments.

The St James at 3 service, specifically for families, stopped so that families could re-integrate with the morning congregation, and a monthly all-age service was introduced. The number of children and younger families in the congregation had already fallen prior to lockdown, this should now be an area of concern and prayer for all church members.

Worship

We began the year with a single act of worship, webcast from St James, for the whole parish. Our practice evolved over the year as restrictions allowed. With the ban on a shared communion cup, communion was reduced to 1 a month at each church, shared by intinction, plus a weekly midweek communion alternating between the two churches.

Children, Youth and Families

Doing any sort of children’s or youth work during covid restrictions was very challenging. Both the ‘Lift’ youth group at St James and Tea and Toast at St Peters resumed in the autumn, as did Sunday children’s groups at St James, the Tots and Toys baby group, and Abbey Toddlers at the Abbey Community Centre. Messy church also resumed, with smaller numbers than prior to lockdown, but this gave an opportunity for deeper conversation.

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The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

Schools work was also a challenge, but we have been able to start mentoring work at Westfield school through our youth worker Ruth Glendinning, and Rev Ruth Chapman delivered a number of online assemblies for our primary schools. Rev Ruth also lead the team running our all age services, which have enabled all ages in the church family to worship together.

We are so grateful to all of those who serve with all of these ministries.

Outreach

Our outreach had to be completely rethought in the light of covid, which in turn made us more creative. Window displays, hamper deliveries, Christmas trails, candle vigils, outdoor coffee mornings, along with trying to find creative ways to engage guests at baptisms, weddings and funerals. Our Youtube presence has proved a real blessing in this, as we have been able to share these events with many people who couldn’t join us in person. Its been a great blessing to see new members joining both churches as we came out of lockdown, and to see a renewed enthusiasm for many of our social groups as we enjoyed the freedom to meet one another again.

People

It was a great sadness to lose 3 faithful and dedicated members of St James during the year: Chris Rusling, Barry Julier and Alan Read. Both churches have seen some key members become physically frailer, or move away. It has been a hard year.

PCC restructuring

From the 2021 AGM, St Peters had a formal representation on the PCC of 3 elected members, with 9 elected from St James. A new St James Church Committee was formed, to oversee the worship, ministry and outreach of St James (previously covered by the PCC). The PCC will focus on matters which affect the whole parish, including legal, financial, staffing and safeguarding.

Mission Partners

At the AGM, Open Doors and Counselling for Yeovil were chosen as Mission Partners for the next 4 years, alongside Christians Against Poverty and The Lords Larder. With 2.5% of general income set aside from each church (St Peters raised this to 5%) plus Lent and Christmas collections, we were able to donate £1000 to each mission partner in 2021.

St Peters Community Centre

For the first few months of the year, this was used exclusively by Yeovil community midwives, an arrangement which worked well for both parties. The midwives have remained as other users have returned, and several covid grants have helped us to keep the Centre Manager in place, rather than on furlough. Nearly all the groups which originally met in the Centre have returned, and it is being well used.

Staffing and Ministry

Sandie Porter and Mel Andrews completed their training as Lay Pastoral Assistant. Lay Reader Mike Nixon has moved away. Ian Holloway agreed to be temporary Assistant Warden at St James following the death in post of Barry Julier.

Rev David Keen had a sabbatical from May-July.

We are grateful to the churchwardens and team at both churches for helping us through the year, to our retired clergy Graham Perryman and Laurence Meering, and to Rev Alison Handcock for helping us with funerals throughout the year.

Thank you to everyone who supports the church financially, both churches finished the year in the black, which is remarkable considering the restrictions in place. We are grateful to Frances Croxford, who became PCC Treasurer in April, and Lynne Biles who became St James Treasurer at the same time. We are in good hands, and we are in the hands of a good God.

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The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

It’s been encouraging to see the heartbeat of prayer continue at both churches, including weekly Zoom prayers during lockdown, our sharing in the Yeovil-wide Virtual Prayer Room, regular gatherings for prayer at both churches, and our prayer chains which have been well used during the year.

A further joy has been to hear how people have rallied round one another. In many ways 2021 has shown the church at its best, defined not by an event gathered in a building, but by love, service, encouragement, prayer, care and fellowship. Thankyou everyone for being part of this.

Finally a big thankyou to Rev Ruth Chapman, who has been a joyful and consistent support to me, and I suspect to many of us, in one of the most demanding years any of us have been through. Now may the God of hope fill us with all joy and peace as we trust in Him.

Rev David Keen, February 2022.

Deanery Synod Report

Deanery Synod has met three times in the past year and the two reps from St Peter’s have been Margaret Hamilton and Mike Nixon . There is now a vacancy to replace Mike Nixon who has moved to Devon.

Tuesday 29[th] June’21 we met in St John’s church where we had a simple service to say goodbye and thank you to Revd James Dudley Smith who was standing down from his role as Area Dean. As usual we shared news from the parishes and were updated on events from Diocesan Synod and General Synod.

We then met in St Peter’s church on 22[nd] November ’21 . This was an opportunity for Deanery Synod reps to have a guided tour round St Peter’s community Centre which had just celebrated two years since opening. Coffee was served in the Community Centre and reps were able to see the fruits of their prayers.

Revd Bruce Faulkner was introduced as the temporary area Dean whilst a new permanent area dean was sought.

We had news from the parishes. News from Diocesan Synod from Revd David Keen. News from General Synod from James Carey and an update on General Synod elections. Deanery Synod reps were able to vote for lay members to general synod.

David Maggs introduced the new diocesan resource pack and invited us to sign up and receive packs for use in our parish. David Maggs also updated us on Modern day slavery, county lines, COP 26, and Lambeth conference all of which he had reported on in previous Deanery Synod meetings before Covid restrictions.

On 8[th] February ’22 we met together on Zoom in the face of steadily rising transmission of Covid in South Somerset. As usual we shared news from the parishes and items for the deanery prayer diary.

The focus of this meeting was on chaplaincy and Mike Haslam the chaplaincy advisor for the diocese introduced the topic and explained the overall concept. He then introduced Linda Hann chaplain for Yeovil hospital, Helena Power chaplain to Rockwell Green estate and primary school, who spoke about their work and answered questions. Revd James Dudley Smith read a report from Ben Graham chaplain to Yeovil College as Ben was unable to be with us in person.

Revd David Keen updated us on Diocesan Synod. Future meetings will be held on 21[st] June and 25[th] October.

MARGARET HAMILTON 10[TH] FEBRUARY 2022

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The Parochial Church Council of Preston Plucknett

Annual Report and Financial Statements for the Year ending 31[st] December 2021

Annual Safeguarding Report to St James’ and St Peter’s PCC

Overview

Due to the COVID-19 pandemic face-to-face church activities were mostly suspended until the middle of 2021 and so activity with a safeguarding involvement was significantly reduced. No known significant issues or concerns have been raised or reported during the last year and where necessary safe recruitment procedures have continued. The main safeguarding headlines from the last year are as follows:

Parish Safeguarding Policy

Following an extensive review by the Parish Safeguarding Officer (PSO) v2.0 of the policy was approved by the PCC and published in Feb 21. An annual review will be commenced in Feb 22 to update the document against recent changes in Church of England or Diocesan safeguarding policy.

Disclosure and Barring Service (DBS) check validity

Historically these mandatory checks as part of safe recruitment had a 5 year renewal period. From Jan 2022 the Church of England will require all new and current DBS checks to be renewed at the 3 year point. A review of our current DBS checks in our parish has commenced and individuals will be contacted and asked to renew at the appropriate time.

Parish Safeguarding Dashboard

This is an extensive new dashboard issued by the Diocese in Mar 2021. It covers various safeguarding policy areas that require a status response to questions with the aim to identify areas that require further action to achieve best practice and meet Church of England policy. New requirements were introduced in Jan 2022 and our current parish assessment is below: Policies and Action Plan - Green Safeguarding Procedures - Green Safeguarding Roles - Green Reviews and Reports – Green Training for Key Roles – Red (see action plan below) Church Activities – Amber (see action plan below) Displayed Information – Green

Safer recruitment and People Management – Amber (see action plan below)

Actions Required

Training for key roles – New training courses required from Jan 22 for the PSO and PCC members.

Church Activities – The 5 authorised church activities involving children and young people now require status questions to be answered from Jan 22.

Safer Recruitment and People Management – From Jan 22 survey questions on church procedure and status are required to be answered.

Safeguarding Training

A new learning and development framework has been published by the Church of England in Jan 22. This will require all PCC members and Church Wardens to have completed not just the on-line Basic Awareness but the Foundation level course as well.

Storage of Safeguarding Forms and Documentation

All current and historic safe recruitment and DBS paperwork has now been transferred to a locked filing cabinet located in the vestry at St Peter’s church. Access is restricted to Rev Ruth, Sue McFadden and myself as PSO.

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The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

Safeguarding priorities for the coming year

and finally….

After over 18 years in the role of Child Protection officer and more lately Parish Safeguarding Officer, I will formally stepping down from this voluntary role at this AGM. My records go back to June 2003 when I produced the first report for the PCC and there have been extensive changes in safeguarding policy to keep track of and implement during that time. I know the Diocese believe our parish is in a good position in terms of safeguarding policy and procedure and this will make the job of my successor much easier. With that in mind I will be giving a full handover and offer my support and guidance over a period of a few months to assist whoever takes over.

Mike Cox

St James’ and St Peters’ Parish Safeguarding Officer 14[th] Feb 2022

Building and Fabric Reports

Church Buildings and Fabric Report for 2021 – St James’

The PCC have continued to ensure that the fabric of the church buildings and surrounds have been kept in good condition.

All systems requiring annual safety and certification checks have been tested and recertified. This includes gas boilers, fire safety equipment, fire/security alarms and PAT testing.

Due to the Covid 19 restrictions no major works have been carried out and the work advised by the Quinquennial report has been put on hold until the financial situation improves.

Some small works and projects have been completed during the year including replacing the outside lighting on the church room; work to maintain the deteriorating floodlight system and the start of a 3 year programme to cut back the 6 yew trees that border the main entrance path at the front of church. The middle 2 yew trees were cut back hard in June and the other pairs of trees will be cut back over the next 2 years in sequence. Spreading out the work in this way will remove the danger of soil shock and the possible collapse of the raised bank to the path. Work was carried out under advice from the Diocesan tree expert and the first pair of trees have survived and are flourishing.

Proximity tags for the security alarm system have been issued to some of our regular, trusted church room users. This allows them to access the room and facilities without having someone from the church to unlock or lock up for them. Despite some initial concerns this has worked well and has been a great help in the logistics of opening and closing the premises securely.

The A/V installation has had further improvements so that streaming services and using the internal display system are better integrated. The church room internet connection has been enhanced by an improved WiFi repeater following requests from room users.

The churchyard and grounds have been maintained by a small team of dedicated volunteers who cut the grass and look after the flower beds.

And finally, we should record our thanks to the churchwardens, fabric team, grass cutters, church cleaners and everyone else who helped, for all their hard work during the past year.

Chris Harris

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The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

Church Buildings and Fabric Report for 2021- St Peters

AV Systems

New banners (Faith, Hope, Love and Christmas) have been made and hung along with temporary paper banners.

New shelves for the pillars on the Coronation Avenue side for flower arrangements were donated.

The external woodwork on the porch was painted.

The 4 new chairs with arms finally arrived after 18 months.

The last remaining tungsten light bulbs were replaced with LEDs ensuring the entire site now has the most energy efficient lighting.

Fabric and Building - St Peter’s Community Centre

A shed for the gardening tools was purchased and erected.

A new Fridge and Freezer was installed in the “Bin Store” for the Community Pantry.

The Central Heating pump for the reception area and meeting room failed and was replaced. Ian Croxford

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The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

2.Independent Examiners Report to the Trustees of the Parochial Church Council of the Ecclesiastical Parish of Preston Plucknett

I report on my examination of the accounts of the above charity (“the Trust”) for the year ended 31[st] December 2021 set out on pages 16 to 28.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under Section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under Section 145 (5)(b) of the Act.

Independent Examiner’s Statement

I have completed my examination, I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe in any material respect:

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

S M Bachrach, Chartered Accountant

Independent Examiner

Chalmers & Co (SW) Limited

Chartered Accountants

Trading as Chalmers & Co

6 The Linen Yard

South Street Crewkerne Somerset

Date: 3 April 2022

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The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

3.Financial Review and Reserves Policy

Parish Financial Review

Note: Designated funds are those funds that the PCC has decided to allocate monies to. Restricted funds are those funds for which monies have been specifically given and are therefore restricted as to what they can be used for.

Income

Total receipts on unrestricted and designated funds were £150,096 (2020 - £140,738 ) and for restricted funds £61,125 (2020 - £54.071) giving a total income of £221,221 (2020 - £194,809) .

The restricted fund receipts include £36,662 to St Peters Community Centre project, £17,470 to the Parish Youth Fund and £6,992 to St James Reordering fund.

Expenditure

Expenditure on unrestricted and designated funds amounted to £115,253 (2020 - £120,512) and restricted funds £ 58,592 (2020 - £57,489 ) giving a total expenditure of £173,845 (2020 - £178,000).

Restricted Fund Expenditure includes £44,076 for St Peters Community Centre Project , £14,418 to the Parish Youth Fund and £97 St James Re Ordering Fund

Reserves policy

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 £26,505 (St James £21,434 St Peters £5,071). It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the yearend was £55,327(St James £35,631 St Peters £19,696). This exceeds our target.

However it would be desirable to set our target to be higher, say 6 Months unrestricted payments which would be £53,010 ( St James £42,868 St Peters £10,142) .

Funds

A summary of funds can be found under note 6

General Unrestricted Funds

It is good to see that we have this year despite the ongoing Covid situation finished the year with a unrestricted fund of £55,327. And, this has been achieved whist having as at the year end, paid our Quota to the common fund in full from both churches.

Funds that are Relevant to the whole Parish are :-

Parish Giving Fund

This includes both the Parish Mission giving fund and the Parish community Fund. We have transferred into the fund £2,368 from General funds and £4,158 was added from lent and advent giving and other events. This year we fulfilled our giving pledges to our 4 mission partners of £1000 each and also additional payments of £401 due to St Peters Bingo fundraising for the Lords Larder.

Parish Youth Fund

We started the year at a balance of £10,736 , £17,470 was added and costs were £14,418. The balance as at 31 Dec 2021 was £13,788

It is our policy to invest our funds balances with the CBF Church of England Deposit Fund. A new Account was opened for St James this year and a Balance of £40,000 was deposited there . St Peters holds a separate account with a balance of £26,288.

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The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

St James Church Financial Review

Income

Total receipts on unrestricted funds and designated funds were £127,193 (2020 - £101,681 ). Receipts for restricted funds £24,462 (2020 - £12,113) giving a total income of £151,654 (2020 - £113,794) .

The restricted fund receipts include, £17,470 to the Parish Youth Fund and £6,992 to St James Reordering fund.

Expenditure

Expenditure on unrestricted funds and designated funds amounted to £93,317 (2020 - £85,563) and restricted funds £14,515 (2020 - £15,723) giving a total expenditure of £107,833 (2020 - £101,286.

Restricted Fund Expenditure relates to £14,418 to the Parish Youth Fund and £97 reordering Fund.

Reserves policy

It is St James 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 £21,434 (2020 - £19,765). It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the yearend was £35,631 ( 2020 £33,737).This exceeds or target , which is amazing considering the year we have had!

Funds

A summary of funds can be found under note 6. At the year end the St James Re-ordering fund shows an overdrawn balance due to the £10,000 loan from the Diocese. This will be repaid using the money pledged by our generous church members and is due to be repaid in full by May 2022 , Hooray !!!! Taylor Fund , we have had a generous donation designated for fabric which stands at £17,553. And then also we have had over the year £13,500 legacies and donations which have been at present allocated to Other Designated funds , we still need to decide how to allocate these funds.

St Peters Church Finance Review

Overall, we have managed this year to do better than anticipated, we had budgeted for a loss on the General Fund, but ended the year with a small surplus of £1,636. We still have £3,831 in a church Reordering Fund , which we have agreed to leave for future repair work due on the building. The Community Centre has had increased lettings and secured some Outside funding and although it shows a loss of £7,414 for the year this is due to expenditure on the proposed new Car Park (see note 19 for details)

Income

Total receipts on unrestricted and designated funds were £22,905 (2020 - £39,057 ) and for restricted funds £36,662 (2020 - £41,958 ) giving a total income of £59,567 (2020 - £81,015 ) .

The restricted fund receipts relate to income for the St Peters Community Centre. See Note 19.

Expenditure

Expenditure on unrestricted and designated funds amounted to £21,937 (2020 - £34,949 ) and restricted funds £44,076 (2020 - £41,766) giving a total expenditure of £59,567 (2020 - £76,715).

The restricted Fund Expenditure relates to expenses for the St Peters Community Centre .See note 19

Reserves policy

It is St Peters 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 £5,071 (2020 – £4,997). It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the year-end was £19,696 (2020 - £ 18,060), which exceeds our target.

Funds

A summary of funds can be found under note 6. At the year end the St Peters Community Centre fund shows a balance of £58,143 which is held for the running of the Community Centre See Note 19. This was agreed and minuted at both St Peters committee and St Peters Community Centre Management Committee.

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The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

4.Parish Statement of Financial Activities

For the year ended 31 December 2021

Notes
Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year
Income
Charitable Activities
Grants and Donations
Income from Investments
Activities for Generating Funds
Total Income
Expenditure		 Charitable Activities 4(a)
92,610
3,063
11,090
106,763
122,640
Grants and Donations 4(b)
3,051
30,945
21,767
55,763
44,668
Income from Investments 4(c)
21
0
5
26
185
4(d)
13,869
6,539
28,262
48,670
27,316
109,551
40,546
61,125
211,222
194,809
Cost of Events and Activities 5(a)
263
4,396
5,136
9,795
8,474
Mission and Charitable Giving 5(b)
3,377
2,404
400
6,181
5,835
Directlyrelatingto the Church 5(c)
98,331
924
39,414
138,669
119,603
Major Capital Costs 5(d)
0
1,478
9,255
10,733
38,332
Other Costs 5(e)
4,050
31
4,387
8,468
5,757
Total Expenditure
Net Income /(Expenditure)
Fund Balances		 106,020
9,233
58,592
173,846
178,001
Net Income /(Expenditure) 3,530
31,314
2,532
37,376
16,808
Fund Balances B/F 51,797
7,776
66,057
125,630
108,822
Fund Balances C/F 6
55,327
39,090
68,589
163,006
125,630

Page 16 of 28

The Parochial Church Council of Preston Plucknett st Annual Report and Financial Statements for the Year ending 31 December 2021 5.Parish Statement of Financial Position As at 31 December 2021 T*)tsl Prior Y•ar Y•ar •nd 31 Doc 2021 31 Dec 2020 Not•s Unr￿lrIG1ed Desig￿t•d Funda Fun Ro$tri¢tod Funds Fixed Assets Tangible Assets Fixed assets Total Fixed Assets Current Assets Debtors and Prepaymen15 9.262 870 -14 8.642 Cash at bank and in hand Sl James Sl Peters Total Cash at bank and in hand 27.839 19,328 4T,167 37.211 3,410 40,621 22.479 61,679 84158 87.529 84.417 171,946 53.502 86.774 140,276 10 Total Current Assgts 56,429 41,491 180,58B 147,721 Croditors: amounts falllng duo wlthln one year Creditors and Accruals AccrLJals - St James Accruals - St Peters Accounts Payable Sl James Loan Total Creditors.. amounts falling due within one year Net Current Assets (Liabilities) Total Ass•ts 1•8s Curr•nt Liabilities 240 2.240 1.922 3.420 10.OLN) 1,305 401 3,420 10,000 11 1.102 2,401 14,079 17.582 2.091 55,327 39,090 68,589 183,006 145,830 55.327 30.000 68.58 163.006 145.63 Crgdltors: amounts falllng due after moro than one year Sl James Loan 20.Otx) 20,OOQ 125,630 Net Assets 55,327 39,090 68,589 163,006 Funds and Reserves Total Parish Funds and R8s8rve$ Fund Balances - Si James Fund Balances - St Peters 35.632 19,695 34.611 4.479 10.447 58.142 80.6 82.316 36.867 88.763 Total Parish Funds and R#sèrves 55,327 39,090 163.006 12S.$30 The notes on pages 18 to 28 fom part of the accounts. Approved by the PCC on 3 April 2022 and signed on its behalf by'.- Reverend David Keen (Chair Person) and Mrs Frances Croxford IPCC Treasurer) Reverend David Keen Mrs Frances Croxford Page 17 of 28

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

Notes to the Accounts

for the year ended 31[st] December 2021

1. General Information

The PCC is a charity registered with the Charity Commission in England & Wales, number 1158827, and is unincorporated. The address of the principal office is The Parish Office, St James’ Church, Preston Plucknett, Preston Road, Yeovil, Somerset, BA20 2EZ

2. Statement of Compliance

The Financial Statements have been prepared under the historical cost convention and on an accruals basis in accordance with the Church Accounting Regulations 2006 and Charities Act 2011, together with applicable accounting standards, FRS 102 and the Charities SORP (FRS 102).

3. Accounting Policies

Basis of preparation

The Financial Statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the Financial Statements of church groups that owe their main affiliation to another body. The financial statements are prepared in sterling, which is the functional currency of the entity.

Funds

See separate notes 6 and 16.

Income

Collections are recognised when receivable by or on behalf of the PCC.

The income from social events etc. is accounted for gross of expenses at the time it is received.

Rental income from the letting of church premises is recognised when receivable.

Interest is accounted for when receivable.

All legacies receivable are credited to the statement of financial activities as incoming resources.

Donations under gift aid are recognised as income when the donation is received. Donations of items other than cash are included in income at current value.

Income tax recoverable under the gift aid scheme is recognised at the same time as the donation to which they relate.

Expenditure

Resources expended are shown gross, including irrecoverable VAT, and are accounted for on an accruals basis. Costs are allocated directly to the category to which they relate or apportioned on an equitable basis where they involve more than one category. Where this allocation is not possible costs are allocated within “other costs”. Missionary and Charitable giving is accounted for when awarded and paid.

Page 18 of 28

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

Fixed Assets

Consecrated and beneficed property is excluded from Financial Statements by s10(2) of the Charities Act 2011. No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal, since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or beneficed buildings and moveable church furnishings, whether maintenance or improvements, is written off as expenditure in the Statement of Financial Activities (SOFA) and separately disclosed in the notes to the Financial Statements. The value of the church hall is not included in the Statement of Financial Position as it forms part of a single building with St Peter’s Church. All expenditure incurred in the year on maintenance or improvement of the property is written off as expenditure in the SOFA and separately disclosed in the notes to the Financial Statements. Other fixed assets over £5,000 are capitalised at cost and depreciated over 4 years on a straight line basis.

Current Assets

Amounts owing to the PCC at the balance sheet date are shown as debtors.

Short term deposits include cash held on deposit with CBF Church of England Funds.

Current Liabilities

Creditors are provided in the accounts when expenditure is incurred in the accounting year but not paid until later accounting periods.

Grants

Grants are accounted for on the basis of date of receipt.

Value Added Tax

The charity is not registered for VAT. VAT on certain repairs to the church building can be reclaimed under the Listed Places of Worship Scheme.

Judgements and key sources of uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Going concern

There are no material uncertainties about the charity's ability to continue.

Page 19 of 28

The Parochial Church Council of Preston Plucknett

Annual Report and Financial Statements for the Year ending 31[st] December 2021

4 a. Charitable Activities 4 a. Charitable Activities Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year
Planned Giving- Gift Aided Donations
Planned Giving- Other
Collections -Openplate
Special Collections
Gift Aid Recovered and Due
Gift days
Total Charitable Activities		 Planned Giving- Gift Aided Donations 56,534
0
5,880
62,414
59,603
Planned Giving- Other 5,827
0
1,965
7,792
7,041
Collections -Openplate 5,955
443
0
6,399
5,689
Special Collections 980
0
400
1,380
195
Gift Aid Recovered and Due 18,084
2,620
2,495
23,199
24,184
5,230
0
350
5,580
25,928
92,610
3,063
11,090
106,763
122,640
4 b. Grants and Donations 4 b. Grants and Donations Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year
Donations and Appeals - St James
Donations and Appeals - St Peters
Legacy- St James
Grants
Total Grants and Donations		 Donations and Appeals - St James 2,300
10,533
3,960
16,793
11,295
Donations and Appeals - St Peters 751
524
0
1,275
7,924
Legacy- St James 0
19,888
0
19,888
0
0
0
17,807
17,807
25,450
3,051
30,945
21,767
55,763
44,668
4 c. Income from Investments Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year
Bank Interest Received
Total Income from Investments		 21
0
5
26
185
21
0
5
26
185
4 d. Activities for Generating Funds 4 d. Activities for Generating Funds Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year
Fees Received Wedding
Fees Received - Funerals
Fees Received - Due to DBF
St Peters CommunityCentre Letting
Mums and Toddlers Income
Fund Raising- St James
Fund Raising- St Peters
Lettings - St James Church
Lettings - St Peters Church
Other Income - St James
Other Income - St Peters
Total Activities for Generating Funds		 Fees Received Wedding 419
400
0
819
1,049
Fees Received - Funerals 4,570
0
0
4,570
3,119
Fees Received - Due to DBF 0
5,738
0
5,738
4,576
St Peters CommunityCentre Letting 0
0
26,185
26,185
13,646
Mums and Toddlers Income 307
0
50
357
289
Fund Raising- St James 3,616
0
0
3,616
883
Fund Raising- St Peters 1,169
401
1,812
3,382
2,225
Lettings - St James Church 2,701
0
0
2,701
1,530
Lettings - St Peters Church 477
0
0
477
0
Other Income - St James 370
0
0
370
0
240
0
215
455
0
13,869
6,539
28,262
48,670
27,316

Page 20 of 28

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

The Parochial Church Council of Preston Plucknett
Annual Report and Financial Statements for the Year ending 31stDecember 2021		 The Parochial Church Council of Preston Plucknett
Annual Report and Financial Statements for the Year ending 31stDecember 2021
5 a. Cost of Events and Activities
Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year
Heat and Light CommunityCentre
0
0
3,094
3,094
1,977
Insurance - CommunityCentre
0
0
289
289
311
Venue Hire
263
0
0
263
363
DBF - Parochial Fees Paid
0
4,396
0
4,396
4,576
BursaryAwarded - CommunityCentre
0
0
1,753
1,753
1,247
Total Cost of Events and Activities
263
4,396
5,136
9,795
8,474
5 b. Mission and Charitable Giving
Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year		 5 b. Mission and Charitable Giving
Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year		 5 b. Mission and Charitable Giving
Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year
Church Giving Transfers from General Fund to
Giving Fund
2,397
(2,397)
0
0
0
Parish Mission and CharityGiving
Parish Mission Partners
Christians Against Poverty 1,000
1,000
1,000
Lords Larder 1,000
1,000
1,000
Yeovil For Families 1,000
1,000
1,000
Open Doors 1,000
1,000
1,000
GivingRE 2019 1,640
St Peters Bingo - Lords Larder 401
400
0
St Peters Bingo – CC Toilet Twinning 400
400
0
HardshipFund Payments made 400
400
0
Special Collections - St James 980
0
0
980
195
Total Mission and Charitable Giving 3,376
2,404
400
6,180
5,835
5 c. Directly Relating to the Church
Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year		 5 c. Directly Relating to the Church
Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year
DiocesanQuota
Diocesan Quota - St James
65,632
0
0
65,632
60,225
Diocesan Quota - St Peters
14,985
0
0
14,985
13,031
Total DiocesanQuota
80,617
0
0
80,617
73,256
ClergyExpenses
1,539
0
0
1,539
1,718
Youth Work Expenses
112
0
0
112
161
Children's Work Expenses
686
0
0
686
735
Heat and Light
St James
3,207
0
0
3,207
2,700
St Peters
773
0
0
773
500
Total Heat and Light
3,980
0
0
3,980
3,200
Insurance
Insurance - St James
863
0
0
863
853
Insurance - St Peters
79
0
26
105
78
Total Insurance
942
0
26
969
931
Water Rates
66
0
100
166
171
Repairs and Maintenance
1,885
724
6,245
8,854
7,443
Staff Costs
8,504
200
33,043
41,746
31,990
Total Directly Relating to the Church
98,331
924
39,414
138,669
119,603

Page 21 of 28

The Parochial Church Council of Preston Plucknett

Annual Report and Financial Statements for the Year ending 31[st] December 2021

5 d. Major Capital Costs
Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year		 5 d. Major Capital Costs
Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year
St Peters Re decoratingCosts
0
0
0
0
11,074
St Peters CommunityCentre – Car Park
0
0
7,921
7,921
24,903
Equipment Purchased
0
1,478
1,334
2,813
2,355
Total Major Capital Costs
0
1,478
9,255
10,733
38,332
5 e. Other Costs
Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year
Telephone
663
0
282
944
904
Stationary
1,154
0
111
1,265
759
IT and Software
227
0
106
334
329
Bank Fees
48
0
121
168
492
SundryExpenses
1,478
31
3,527
5,036
2,553
Independent Examination Fee
480
0
240
720
720
Total Other Costs
4,050
31
4,387
8,468
5,757

Page 22 of 28

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

6 . Summary of fund movements

Unrestricted Funds
St James General Fund
St Peters General Fund
Total Unrestricted Funds
Designated Funds
Parish Giving & Hardship fund –
See note 1 below
Due to DBF Fund
Wedding Fund
St James Flower Fund
Taylor legacy Fund
St James -Other Designated Funds
St Peters Church Reorg Fund
St Peters Tea and Toast Fund
Total Designated Funds
Restricted Funds
Parish Youth Fund
St James Reordering Fund
St Peters Community Centre – see Note 19
Total Restricted Funds
TOTAL FUNDS
Notes on Transfers between Funds
1
Parish Giving & Hardship Fund
B/F
TRF’s from General funds
Lent and Advent Giving
Fundraising Bingo
PAID out to Mission Partners
Paid Out - Hardship Fund
St Peters Bingo - Lords Larder
Balance Transfer from St Peters to St James
Balance C/f		 Balance B/F
as at 31 Dec
2020
Incoming
Resources
Resources
Expended
Transfers
Between
Funds
33,737
87,631
(85,736)
18,060
21,920
(20,285)		 Balance B/F
as at 31 Dec
2020
Incoming
Resources
Resources
Expended
Transfers
Between
Funds
33,737
87,631
(85,736)
18,060
21,920
(20,285)		 Balance C/F as
at 31 Dec 2021
35,632
19,695
55,327
1,725
1,343
200
291
17,553
13,500
3,831
647
39,090
13,788
(3,341)
58,142
68,589
51,797
109,551
(106,021)
0
2,368
1,761
(2,404)
1
0
5,738
(4,395)
0
400
(200)
262
60
(31)
0
18,888
(1,335)
0
13,500
4,499
200
(868)
647
7,776
40,546
(9,233)
0
10,736
17,470
(14,418)
(10,236)
6,992
(97)
65,557
36,662
(44076)
66,057
61,124
(58,592)
0
125,630
211,221
(173,846)
0
1
163,006
St James
St Peters
Total
2,368
0
2,368
1,514
883
2,397
976
384
1360
401
401
(2,000)
(2,000)
(4,000)
(100)
(300)
(400)
(401)
(401)
(1,033)
1,033
0
1,725
0
1,725

Page 23 of 28

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

7. Fixed Assets
Total Year end
31 Dec 2021
Prior Year end
31 Dec 2020		 7. Fixed Assets
Total Year end
31 Dec 2021
Prior Year end
31 Dec 2020
Accumulated Depreciation
(9,600)
(9,600)
Fixed assets
9,600
9,600
Total Fixed Assets
0
0
8. Debtors and Prepayments
Total Year end
31 Dec 2021
Prior Year end
31 Dec 2020
Accounts Receivable
2,371
2,196
Gift Aid Due - St Peters
704
1,942
Gift Aid Due - St James
3,293
2,456
Church Banking
921
0
Prepayments
1,353
852
Total Debtors and Prepayments
8,642
7,445
9. Cash at Bank and in Hand - St James 9. Cash at Bank and in Hand - St James Total Year end
31 Dec 2021
Prior Year end
31 Dec 2020
St James Church Current Account 25,377
15,742
St James Church Reserve Account 22,149
37,759
St James - CCLA Account 40,003
0
Total Cash at Bank and in Hand - St James
10. Cash at Bank and in Hand - St Peters		 87,529
53,502
Total Year end
31 Dec 2021
Prior Year end
31 Dec 2020
St Peters Church Current Account 2,927
6,420
St Peters Church Deposit Account 15,110
50,269
St Peters CommunityCentre Current Account 3,785
2,448
St Peters CommunityCentre Deposit Account 35,948
1,150
Pockit Card - CommunityCentre 357
210
St Peters Church CCLA account 26,287
26,274
St Peters PettyCash 3
3
Total Cash at Bank and in Hand - St Peters 84,417
86,774
11. Creditors and Accruals
Total Year end
31 Dec 2021
Prior Year end
31 Dec 2020
Accounts Payable
(3,420)
0
Accruals - St James
(2,000)
(1,305)
Accruals - St Peters
(2,162)
(786)
St James ReorderingLoan from Diocese
(10,000)
0
Total Creditors and Accurals
(17,582)
(2,091)
12. Creditors due after one year
Total Year end
31 Dec 2021
Prior Year end
31 Dec 2020
St James ReorderingLoan from Diocese
0
(20,000)
Total Creditors due after one year
0
(20,000)

To be repaid at a rate of £10,000 per year until May 2022.

Page 24 of 28

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

13. Related Parties

No related party to the Parochial Church Council, including the PVV Members listed on page 4, has been paid or is payable remuneration or other benefits or expenses from the funds of the Parochial Church Council.

14. Staff Costs

Staff Costs are £41,746 – wages £40,666 pension contributions £1,080. There were 5 part-time staff employed at various times during the year. There were no employees with earnings in excess of £60,000.

15. Independent examiner’s Remuneration

Fee for independent examination £ 720 (2020: £720).

16. Details of Funds

Restricted Funds

These funds arise from donations given for specific purposes. Funds include those restricted to St Peters Community Centre New Build and Running Costs and other items.

In addition, funds from special services and associated donations are held temporarily to be distributed to the relevant charities and missionary organisations.

Details are shown in note 6.

Designated Funds

These are funds designated for a particular purpose by the PCC.

Details are shown in note 6.

Unrestricted Funds

Unrestricted Funds represent the funds of the PCC that are not subject to any restriction regarding their use and are available for application on the general purposes of the PCC.

Details are shown in note 6.

Page 25 of 28

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

17. St James Statement of Financial Activities

For the year ended 31 December 2021

Account Account Unrestricted
Funds
Designated
Funds
Restricted
Funds		 Total Year end
31 Dec 2021
Prior Year
31 Dec 2020
Income
Charitable Activities 73,431
3,008
10,690		 87,124
91,020
Grants and Donations 2,300
30,420
13,773		 46,493
11,295
Income from Investments 8
0
0		 8
33
Activities for GeneratingFunds 11,892
6,138
0		 18,030
11,446
Total Income
Expenditure		 87,631
39,562
24,462		 151,655
113,794
Cost of Events and Activities 263
4,396
0		 4,659
4,939
Mission and Charitable Giving 2,494
586
0		 3,080
5,835
Directlyrelatingto the Church 80,095
1,671
14,418		 96,184
87,757
Major Capital Costs 0
897
0		 897
0
Other Costs 2,884
31
97		 3,012
2,754
Total Expenditure
Net Income /(Expenditure)
Fund Balances		 85,736
7,581
14,515		 107,832
101,285
Net Income /(Expenditure) 1,895
31,981
9,947		 43,823
12,509
Fund Balances B/F 33,737
2,630
500		 36,867
24,359
Total Fund Balances
Fund Balances C/F		 33,737
2,630
500		 36,867
24,359
Fund Balances C/F 35,632
34,611
10,447		 80,690
36,867
Funds and Reserves
Bank Balances
St James Church Current Account 25,376
15,742
St James Church Reserve Account 22,149
37,759
St James - CCLA Account
Prepayments and Accruals		 40,003
0
Gift Aid Due - St James 3,293
2,456
OwingBetween St James and St Peters 755
1,388
Accruals - St James (2,240)
(1,305)
Prepayments 1,353
826
Loan from the Dioses of Bath and Wells (10,000)
(20,000)
Total Funds and Reserves
80,690
36,867

Page 26 of 28

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

18. St Peters Statement of Financial Activities

For the year ended 31 December 2021

For the year ended 31 December 2021 For the year ended 31 December 2021 For the year ended 31 December 2021
Unrestricted
Funds
Designated
Funds
Restricted
Funds
Year to Date
31 Dec 2021
Prior Year
31 Dec 2020
Income
Charitable Activities
19,179
60
400
19,640
31,620
Grants and Donations
751
524
7,995
9,270
33,374
Income from Investments
13
0
5
18
152
Activities for GeneratingFunds
1,976
401
28,262
30,639
15,870
Total Income
21,920
985
36,662
59,567
81,015
Expenditure
Cost of Events and Activities
0
0
5,136
5,136
3,535
Mission and Charitable Giving
883
1,818
400
3,101
0
Directlyrelatingto the Church
18,236
-747
24,996
42,485
31,847
Major Capital Costs
0
582
9,255
9,836
38,332
Other Costs
1,166
0
4,290
5,456
3,001
Total Expenditure
20,285
1,652
44,077
66,014
76,715
Net Income /(Expenditure)
1,635
-667
-7,415
-6,447
4,300
Fund Balances
Fund Balances B/F
18,060
5,146
65,557
88,763
84,463
Total Fund Balances
18,060
5,146
65,557
88,763
84,463
Fund Balances C/F
19,695
4,479
58,142
82,316
88,763
Year to Date
31 Dec 2021
Prior Year
31 Dec 2020
Fund Balances C/F 19,695
4,479
58,142
82,316
88,763
Year to Date
31 Dec 2021
Prior Year
31 Dec 2020
Funds and Reserves
Bank Balances & Cash
St Peters Church Current A/c
2,927
6,420
St Peters Church Deposit Account
15,110
50,269
St Peters CommunityCentre Current Account
3,785
2,448
St Peters CommunityCentre Deposit Account
35,948
1,150
CommunityCentre Prepaid Pockit Card
357
210
St Peters PettyCash
3
3
St Peters CCLA Account
26,287
26,274
Prepayments and Accurals
Gift Aid Due - St Peters
704
1,942
Accounts Receivable
2,371
2,196
Accounts Payable
(3,420)
0
Prepayments
0
26
Church Banking
921
0
Accruals - St Peters
(1,922)
(786)
OwingBetween St James and St Peters
(755)
(1,388)
Total Funds and Reserves
82,316
88,763

Page 27 of 28

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2021

19. St Peters Community Centre Finance Report

This note is just for reference.

All of the funds for St Peters Community Centre are held within St Peters Restricted fund (see Note 18 above and note 6). The Centre management committee felt it useful to divide the total funds between the funds stated below, but they are all Parish Restricted funds to be used for the running of the Community Centre.

For the year ended 31 December 2021

This note is just for reference.
All of the funds for St Peters Community Centre are held within St Peters Restricted fund (see Note 18 above
and note 6). The Centre management committee felt it useful to divide the total funds between the funds
stated below, but they are all Parish Restricted funds to be used for the running of the Community Centre.
For the year ended 31 December 2021		 This note is just for reference.
All of the funds for St Peters Community Centre are held within St Peters Restricted fund (see Note 18 above
and note 6). The Centre management committee felt it useful to divide the total funds between the funds
stated below, but they are all Parish Restricted funds to be used for the running of the Community Centre.
For the year ended 31 December 2021
General
Running
Fund
Pantry
Grants
Baby and
Toddler
Bursary
Fund
Grant
Funding
CCSF
Grant
Funding
SCF
Salary
Reserve
Fund
Car Park
Fund
Building
Maintena
nce
Fund
Total
for
the year
Income
Grants
3,000
520
2,475
0
0
0
0
2,000
0
7,995
Bank Interest Received
5
0
0
0
0
0
0
0
0
5
Lettingfees
26,185
0
0
0
0
0
0
0
0
26,185
Fund Raising
330
0
0
0
0
0
0
0
0
330
CommunityCoffee
1,482
0
0
0
0
0
0
0
0
1,482
Special Collections
400
0
0
0
0
0
0
0
0
400
Babyand Toddler Subs
372
0
(322)
0
0
0
0
0
0
50
Other Income - St Peters
215
0
0
0
0
0
0
0
0
215
Total Income
31,989
520
2,153
0
0
0
0
2,000
0
36,662
Expenditure
Wages - Centre Manager
9,096
0
351
0
3,109
2,725
0
0
0
15,281
Wages - Cleaner
1,855
0
0
0
0
0
0
0
0
1,855
Wages - Maintenance
1,029
0
0
0
0
0
0
0
0
1,029
Pension Costs - Er
383
0
0
0
0
75
0
0
0
458
Insurance
316
0
0
0
0
0
0
0
0
316
Gas- CommunityCentre
928
0
0
0
0
200
0
0
0
1,128
Electricity - Community
Centre
1,666
0
0
0
0
300
0
0
0
1,966
Telephone & Internet -
Community Centre
282
0
0
0
0
0
0
0
0
282
Water rates
100
0
0
0
0
0
0
0
0
100
Mission and Charity Giving -
Special collections
400
0
0
0
0
0
0
0
0
400
General Repairs and
Maintenance
2,626
0
0
0
0
0
0
3,619
0
6,245
Major Works
0
0
0
0
0
0
0
7,921
0
7,921
Bank Fees - St Peters
24
0
0
0
0
0
0
0
0
24
Stationary & Office
Expenses-St Peters
111
0
0
0
0
0
0
0
0
111
Refreshments
275
0
70
0
0
0
0
0
0
345
Cleaning and Cleaning
Supplies
2,613
0
0
0
0
0
0
0
0
2,613
Waste Disposal
522
0
0
0
0
0
0
0
0
523
IT Software and
Consumables
106
0
0
0
0
0
0
0
0
106
SundryExpenses - St Peters
47
0
0
0
0
0
0
0
0
47
Equipment Purchased
814
520
0
0
0
0
0
0
0
1,334
Bursary Awarded -
Community Centre
0
0
0
1,753
0
0
0
0
0
1,753
Independent Examination
Fee
240
0
0
0
0
0
0
0
0
240
Total Expenditure
23,434
520
421
1,753
3,109
3,300
0
11,540
0
44,077
Net Income /(Expenditure)
8,555
0
1,732
(1,753)
(3,109)
(3,300)
0
(9,540)
0
(7,414)
Fund Balances B/F
Fund Balances B/f
14,898
0
0
1,753
3,109
3,300
15,000
20,000
7,497
65,557
Transfer Between Funds
(10,000)
10,000
Fund Balances C/F
13,453
0
1,732
0
0
0
15,000
10,460
17,497
58,142

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