OpenCharities

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

2020-12-31-accounts

< Annual Report and Financial Statements of the Parochial Church Council of The Parish of Bloxwich

For the year ended 31[st] December 2020 Registered Charity Number: 1159897

Page 1

The Parochial Church Council of The Parish of Bloxwich

Trustees’ Annual Report for the year ended 31[st] December 2020

Charity registration number: 1159897

Objectives and Activities

The Parochial Church Council of The Parish of Bloxwich (the PCC) has the responsibility of co-operating with the incumbent, however currently Bloxwich are in vacancy and have been since October 2019 so the Reverend Chris Davies [Team Vicar], 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 all three Churches All Saints, Holy Ascension and St Thomas along with the work of the Youth Church at St James’. 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 Charity 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 Bloxwich, 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

Impact of the Coronavirus Pandemic

Worship

From January through to 15[th] March we held our regular pattern of worship; that being services every Sunday at all churches within the team as well as Wednesday communion services which were attended each week by a different year group from the All Saints national Academy school.

After this date services of worship have been impacted significantly by the Coronavirus. From 22[nd] March to 26[th] July there were no acts of Public worship.

From 2[nd] August to 8[th] November we met for worship twice each Sunday; morning worship at 10am or 11am at one Church and evening worship at 6pm again in one church, rotating each week around the team.

From 15[th] November to 29[th] November again there were no acts of public worship.

From 6[th] to 28[th] December we followed the same pattern as mentioned above. In addition to this we managed a Carol Service in each Church and one Communion Service on Christmas Eve and Christmas day.

Messy Church went online twice during the later part of the year and was a great success.

We have uploaded weekly acts of worship during both lockdowns and whilst we have been able to gather for public worship. Feedback suggests that this has been really helpful.

Online morning prayer has been said every Tuesday since March.

Page 2

Occasional offices

Baptisms and weddings again have been significantly impacted by the virus. Funerals, whilst numbers have been consistent with normal years, the way in which funerals and pastoral contact have been conducted has been very different in order to keep staff and mourners safe.

In 2020 there were

Other activities

Community events including coffee morning and fayres have again ceased during the pandemic. In addition, most of our hall hire has been cancelled as groups have not been able to meet during the pandemic.

The year-long Living faith discipleship course which began in Autumn 2019 continued till March and managed to complete two of the three terms. The group was consistently 20 people strong.

Confirmation: a number of people have expressed an interest in being confirmed however due to the Pandemic the planned Confirmation Service was postponed.

The Greenhouse initiative which seeks to establish Fresh Expressions of Worship has also been hampered by lockdowns. However, we have taken this opportunity to harness the use of Social Media and are beginning to try to build connections with young families through online activities.

Communications

The production of our monthly magazine ceased early in the year as sadly our Editor George passed away. Since then we have produced a monthly newsletter which has been distributed both electronically and as hard copies to all Electoral roll members. The downside to this is newsletter contain no advertising and are produced without charge. This will mean a downturn in income from both sales and advertising.

Fabric of the buildings

Reports on the fabrics of each District Church are recorded in the individual Annual Reports of those District Churches. Electoral roll

The newly formulated Electoral Roll showed an overall decrease at the October 2020 APCM as follows:

All Saints’ District: 79, a decrease of 3

St Thomas’ District 54, no change

Holy Ascension District 57, an increase of 1

Ecumenical

Again hampered by Covid; in January we met with other Churches in Bloxwich and Blakenall to take part in the week of prayer for Christian Unity.

Safeguarding

Designated Safeguarding Officers for each church continue to be in place as well as the parish coordinator Nicola Padmore. Parish Share

An increase in share was paid by Holy Ascension and All Saints with St Thomas’ figure being frozen. It was agreed that the increase from 2019 which had been paid from St James accounts, should this year be absorbed by each church respectively. All Parish share amounts are now paid by Direct Debit or Standing Order directly to the Diocese.

Governance

The PCC met on 6[th] January for the Pre section 11 meeting with Archdeacon in relation to the Rector vacancy; this was followed by the Section 11 meeting on 15[th] January

Individual church DCC and Parish-wide PCC meetings have been few, mainly meeting to approve accounts in readiness for AGM’s and the APCM.

Some decision made, particularly around the cancelling of services and of Furloughing staff have been conducted electronically. APCM

The meeting was pushed back in the year due to Covid to 25[th] October 2020 and was held at Holy Ascension church.

Due to the Covid Restrictions the Diocese have said that there will be no Archdeacon’s Visitations meeting taking place this year. Instead we have been asked to swear Wardens in within the Parish.

A note of thanks was recorded to Helen Hardwick who has stood down from the role of PCC secretary. Significant issues for 2021

Our Main areas of work this year is likely to centre around the following:

Page 3

Explore through the Greenhouse Project the establishment of a Fresh Expression of Church.

Overall impact of Coronavirus

The effects of the virus have been both positive and negative.

Positive impact is that our online presence has been much enhanced and we feel this will continue to be the case even after we are able to meet together for public worship.

Although different, I would think that our Pastoral contact with members has been increased through the offers of informal contact from individual church members.

On a less positive note; income in all of the churches have been significantly reduced due to less opportunity to receive planned giving and hall hire.

Financial Review

PCC of Bloxwich

Net Total Assets: £213,373 Deficit: (£31,519) – Unrestricted Deficit (£40,580) All Saints Accounts :

Net Total Assets: £154,717 Receipts: £59,639 Payments: £86,988 Deficit – (£27,349) - Unrestricted Deficit (£29,773)

Receipts have decreased from £95,744 in 2019 to £59.639 in 2020 – this is no surprise but the main areas are collections fees for weddings and funerals and Church Hall lettings. Payments have also reduced but not by the same percentage whilst Church maintenance has reduced from £4,379 to £860 Hall maintenance and increased from £585 to £10,794. On the flip side Church electricity has reduced from £9,145 to £3,037. Parish Share support receipt of £6,434 has been posted against donations with the payment of £6,434 being posted against Parish Share – Parish Share has been paid in full. Furlough receipts of £2,003 have been posted against Non-recurring grants with full salary being posted against Other salaries.

It has been a tough year financially for All Saints but Revd Chris Davies has begun a forensic look at the finances – which is long overdue. We have identified a restricted fund ES Wilkes was for the General purposes of the Church – once the PCC has agreed this will be transferred into the General fund £3,083. It would appear that the General fund is overdrawn by (£30,605) which has increased from (£1,844) in 2019. Designated funds hold £642. The DCC/PCC will be considering transferring the designated funds to General. Whilst this will reduce the overdrawn position to (£29,963) it still means that All Saints are spending restricted funds. This year All Saints finances have been hit hard because of Covid – hopefully this can be turned around in 2021 if and when we get back to normal.

Holy Ascension Accounts :

Total Assets: £34,987 Receipts: £24,262 Payments: £19,415 Excess: £4,848 Unrestricted deficit (£1,943)

Holy Ascension’s receipts have reduced from £55,406 in 2019 to £24,263 in 2020 this due in part to donations for the building fund - £18,000. However unrestricted receipts have still reduced by £15,000 when comparing with 2019. On a positive note payments have also reduced from £36,788 to £19,415 [£17,000] – Unrestricted payments have seen a reduction of £7,613. Parish share support has been posted as a donation of £1,650 and a payment of the same amount from Parish Share. Parish share was paid in full. Holy Ascension at year end have £1,184 in general fund but hold £5,988 in reserves but need to keep a close eye on receipts and payments during 2021

Page 4

St Thomas Accounts :

Total Assets: £10,341

Deficit – (£7619) Unrestricted deficit (£7,464}

The deficit is down to a number of things. St Thomas income has reduced from £49,018 to £14,328 but 2019 does include the grants for major work of £26,188 so if we take this out of the equation the income would show £22,830. So there has still been a reduction of £8,502. Planned giving has reduced by nearly £2,000. Tax recoverable has reduced by £700 but the main contributor to the reduction in income is the Church Hall lettings which have reduced by £3,600. Expenditure has also reduced from £84,382 to £21,496 but again the payments for the major work was included at £50,224. If we take this out of the equation the expenditure has reduced by £12,212. It is clear that 2021 is going to be challenging. Whilst Parish Share has been frozen St Thomas’s share is £14,957 with their total assets currently £10,341. Lets hope for a better year in 2021

Bloxwich Youth Church/Parish Magazine :

Total Assets: £8,479

Deficit - (£1,401) – Unrestricted Deficit (£1,401)

The income has reduced from £7,567 to £2,278 – not surprisingly the main contributor is the reduction in Church Hall lettings. The Magazine sales have also reduced but some of the Churches have not paid over their collections so that has contributed to the reduction. Expenditure has also decreased from £9,510 to £3,679. The main contributors are not paying toward the Parish Share and Church maintenance.

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 £32,024. 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 (£4,313) which is significantly lower 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: -

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:

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).

Page 5

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

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.

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 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 met 3 times in 2020

Related Parties

No related parties were either employed by the PCC or offered a contract to carry out work on the Church

Donations from Related Parties

Donations from related parties during the year totalled £5,838. All these donations were received without conditions.

Remuneration paid to Trustees

None of the trustees have been paid any remuneration or received any other benefits from employment with the PCC

Expenses paid to Trustees

One trustee was reimbursed £476 for travel and subsistence during the year.

Page 6

Reference and Administrative Details

Charity Name: The Parochial Church Council of The Parish of Bloxwich

Other names the charity is known by: N/A Registered Charity Number : 1159897

Charity’s principal address: The Rectory, 3 Elmore Row, Bloxwich Walsall WS3 2HR Correspondence address: The Rectory, 3 Elmore Row, Bloxwich Walsall WS3 2HR Website address: https://www.bloxwichparish.org.uk

PCC Members: Who Served from 1 January 20XX to the date this report was approved

Trustee name Office (if any) Dates acted if not for whole
period
Ex-Officio
Revd Christopher Davies Team Vicar/Chairperson
Revd Patricia Nesbitt Team Vicar
Mrs Helen Thorpe-Wood Lay Reader
Mr Robert Jackson Deanery Synod/All Saints
Mrs Dorothy Margaret Wootton Lay Reader
Mr Stuart Annis Denery Synod/Holy Ascension
Mrs Leslie Harris Parish Warden/Deanery Synod/Holy Ascension
Mr Adrian Richardson Parish Warden/Deanery Synod/St Thomas
Miss Donna Titley Parish Warden/Deanery Synod/St Thomas
Mrs Nicola Padmore Safeguarding/All Saints
Mr John Barnes Deanery Synod/All Saints
Mr John Homer Parish Warden/All Saints
Mrs Helen Hardwick PCC Secretary/All Saints Resigned 25/10/2020
Elected Members
Mr Robert Careless All Saints Resigned 25/10/2020
Mr Richard Harris Holy Ascension
Mr Brian Smith All Saints Resigned 25/10/2020
Mrs Ann Barnes All Saints
Mrs Susan Walters Holy Ascension
Mr Franklyn Walker All Saints Resigned 01/01/2020
Mrs Isobel Taylor All Saints
Mrs Lynn Owen St Thomas

Page 7

Bank Lloyds Bank PLC The Bridge Walsall Investment CCLA Managers Senator House 85 Queen Victoria Street London EC4V 4ET Independent Jonathan Hill Examiner Lichfield Diocesan Board of Finance St Marys House, The Close, Lichfield. WS13 7LD Approved by the PCC on DD MM 20XX and signed on its behalf by: ………………………………. ……………………………………….. Revd Chris Davies Mrs Helen Hardwick

Page 8

Independent Examiner’s report to the trustees/members of The PCC of The Parish of Bloxwich

Registered charity number, 1159897

I report on the accounts for the year ended 31[st] December 2020 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

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 (other than that disclosed below *) which gives me cause to believe that in any material respect:

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: ………………………………………….. Date: ………………………………… Jonathan Hill FCMA CGMA

Page 9

The Parish of Bloxwich

Notes to the Financial Statements

For the year ended 31[st] December 2020

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.

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members.

Cashflow Statement

The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a cashflow statement on the grounds that the income does not exceed £500,000.

Going Concern

There are negative unrestricted funds of (£16,584) at 31 December 2020. The designated reserves of £12,271 are monies earmarked for specific expenditure by the PCC, but can be used to fund the deficit on the unrestricted reserves if needed. The charity would still have negative unrestricted funds of (£4,313) so there is a question as to whether it has the ability to continue as a going concern. However the main payment of the Parish Share £77,991 is not a legally enforceable debt

Accounting Estimates and Prior Year Errors

No changes to accounting estimates have occurred in the reporting period. No material prior year errors have been identified in the reporting period

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.

An explantation of purpose of each Designated fund are as follows

Page 10

Restricted funds comprise of two elements :-

An explanation of purpose of each Restricted fund are as follows:

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.

An explanation of purpose of each Endowment fund are as follows:

Incoming Resources

Planned giving, collections and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be measured with sufficient reliability. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and the monetary value can be measured with sufficient reliability. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.

Resources Expended

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.

Page 11

Governance and Support Costs

Support costs should be allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the PCC and its compliance with regulation and good practice.

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources eg by allocating staff costs by time spent and other costs by their usage.

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.

No depreciation is provided on buildings as the currently estimated residual value of the properties is not less than their carrying value and the remaining useful life of these assets exceeds 50 years, so that any depreciation charges would be immaterial. Other tangible fixed assets are valued at cost. The depreciation rates and methods used are disclosed in note XX.

Investments

Investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at market value at the year end. Investments held for re-sale are treated as current asset investments.

Debtors

Debtors are measured on initial recognition at settlement amount. Subsequently they are measured as cash expected to be received

Creditors and Accruals

Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount required to settle the obligation at the reporting date.

Page 12

The Parish of Bloxwich year ending 2020

Receipts and Payments Account

Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
total funds
Income and endowments from:
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
Total income
Expenditure on:
Raising funds
Expenditure on charitable activities
Total expenditure
Net income / (expenditure) resources before
transfer
Transfers
Gross transfers between funds - in
Gross transfers between funds - out
Other recognised gains / losses
Gains / losses on investment assets
Gains on revaluation, fixed assets, charity's own use
Net movement in funds
Total funds brought forward
Total funds carried forward
Represented by
Unrestricted
General fund
Designated
Bell Repairs
Building Fund
Flower fund
Magazine
Mission Resource
Organ
Parish Hall
Reserve 3 Months expenditure
Reserve Fund
St Thomas Decoration Vicarage
Restricted
Bibles
Building Fund
CUF Together Mental Health Grant
Choir		 44,763
11,796
—
56,560
114,318
40,466
76
—
40,543
89,167
358
—
—
358
1,265
1,927
1,119
—
3,046
2,536
—
—
—
—
448
87,515
12,992
—
100,508
207,737
624
26
—
650
3,017
127,472
3,905
—
131,378
221,600
128,096
3,932
—
132,028
224,617
(40,580)
9,060
—
(31,519)
(16,880)
3,835
253
—
4,088
62,497
(4,057)
(31)
—
(4,088)
(62,497)
—
—
—
—
11,553
(3,014)
—
4,266
1,251
(20,012)
(43,817)
9,282
4,266
(30,268)
(25,339)
39,506
139,878
64,256
243,641
268,980
(4,311)
149,161
68,523
213,373
243,641
(16,584)
—
—
(16,584)
22,974
190
—
—
190
190
1,500
—
—
1,500
1,500
(14)
—
—
(14)
(14)
870
—
—
870
1,034
841
—
—
841
841
450
—
—
450
450
—
—
—
—
4,094
5,988
—
—
5,988
5,988
2,409
—
—
2,409
2,409
37
—
—
37
37
—
717
—
717
717
—
30,452
—
30,452
23,693
—
1,108
—
1,108
1,108
—
913
—
913
913

Page 13

Church Maintenance — 22,877 — 22,877 23,738
Clock Maintenance — 2,390 — 2,390 2,390
Decoration — 724 — 724 724
Disability Facilities Church Hall — 696 — 696 696
Family Worker - Growth — 15,459 — 15,459 15,459
Flower Fund — 26 — 26 26
Heating Fund — 65,627 — 65,627 60,487
Holiday Club — 118 — 118 118
IDS Decoration Scheme — 4,121 — 4,121 3,621
IDS Decoration Scheme Lichfield — 437 — 437 312
Ingram Trust — 1 — 1 0
Jump For Joy — 253 — 253 280
King Incumbent And Church Wardens Trust — 1,417 — 1,417 1,094
Launch Day Grant From I Walsall — — — — 0
Parish Hall — — — — 2,678
Restoration — 1,816 — 1,816 1,816
Endowment
Foster 446 [Mary D Foster] Trust — — 16,861 16,861 15,741
Foster 487 [Miss S D Foster] Trust — — 35,831 35,831 33,450
Ingram Trust — — 1,225 1,225 1,225
King Incumbent And Church Wardens Trust — — 11,521 11,521 10,755
Trust 1490 E S Wilkes — — 3,082 3,082 3,082

Page 14

Statement of assets and liabilities – by Code

General Designated
Restricted Endowment
Thisyear
Lastyear
Fixed assets - Investments
CCLA CRESSWELL INVESTMENT -
CCLA Bloxwich - Cresswell -
CCLA Bloxwich - William King -
CCLA Bloxwich Foster 446/487 -
Totals
Current assets - Cash at bank and in hand
Incumbent&Churchwardens William
King -
Bank current account -
Bank current account -
All Saints DCC - Ingram Trust -
Parish Magazine Account -
Building Fund Current Account -
Bloxwich Youth Church -
CCLA (CBF) deposit account -
Cash in hand -
Coffee Morning Petty Cash -
Petty Cash -
HSBC Current Account -
HSBC Current Account -
CCLA (CBF) deposit account -
Bloxwich - 3 Elmore Row -
IDS Decoration Account LICHFIELD -
Bloxwich - 9 Sanston Road -
Totals
Liabilities - Agency accounts
Agency collections -
Totals
Liabilities - Creditors: Amounts falling due
after more than one year
Lichfield Loan - Due after one year -
Totals
Liabilities - Creditors: Amounts falling due
in one year
LDBF - Loan Due within in one year -
Totals
Grand total		 6,933
—
—
—
6,933
12,865
—
—
—
—
—
3,082
—
—
—
11,521
11,521
10,755
—
—
—
52,693
52,693
49,192
6,933
—
—
64,214
71,147
75,896
—
—
1,417
—
1,417
1,094
(33,809)
450
81,477
3,787
51,905
79,803
2,553
5,973
(2,828)
—
5,697
6,802
—
—
1
402
403
403
—
870
—
—
870
1,034
(1,469)
1,500
10,023
—
10,054
4,821
7,607
—
—
—
7,607
8,844
3,204
190
34,904
118
38,417
38,255
32
—
—
—
32
113
83
—
—
—
83
28
—
—
50
—
50
50
(1,720)
3,287
1,465
—
3,032
4,633
—
—
—
—
—
0
—
—
40,555
—
40,555
40,383
—
—
4,121
—
4,121
3,621
—
—
437
—
437
312
—
—
724
—
724
724
(23,517)
12,273
172,348
4,308
165,412
190,928
—
—
6,032
—
6,032
5,371
—
—
6,032
—
6,032
5,371
—
—
14,298
—
14,298
17,811
—
—
14,298
—
14,298
17,811
—
—
2,856
—
2,856
—
—
—
2,856
—
2,856
—
(16,584)
12,273
149,161
68,523
213,373
243,641

Page 15

Analysis of receipts and payments

Receipts
Donations and legacies
0101 - Gift Aid Collections
0201 - Non Gift Aid collections
0201 - Non Gift Aid Collections
0301 - Loose plate collections
0302 - Weddings/Funeral/Baptism
Collections
0410 - Giving through church boxes
0550 - Donations appeals etc
0550 - Donations over £20
0701 - Legacies
0801 - Recurring grants
08A1 - Non-recurring one-off grants
Total
Receipts from charitable activities
0302 - Beetle Drive/Book
Sale/History Evening/Q
0601 - Tax recoverable on Gift Aid
0901 - Other funds generated
0902 - Heating Weddings & Funerals
0903 - Social Committee Income
1101 - Fees for weddings and
funerals
1230 - Church hall lettings -
objectives
1231 - Seasonal Fairs
Total
Other trading activities
1240 - Church hall lettings - fund
raising
1250 - Magazine income -
advertising
1260 - Parish magazine sales
Total
Investments
1001 - Dividends
1020 - Bank and building society
interest
1020 - Bank/Building Society/CBF
Interest
Total		 Total
Unrestricted
Designated
Restricted
Endowment
This year
Last year
18,538
—
—
—
18,538
29,721
909
—
—
—
909
1,662
4,433
—
—
—
4,433
13,434
1,432
—
—
—
1,432
5,706
1,189
—
—
—
1,189
3,163
—
—
—
—
—
5
—
—
—
—
—
68
16,258
—
11,796
—
28,054
19,208
—
—
—
—
—
1,939
—
—
—
—
—
37,188
453
1,549
—
—
2,002
2,220
43,214
1,549
11,796
—
56,560
114,318
—
—
46
—
46
7,094
10,071
—
—
—
10,071
12,863
1,082
—
30
—
1,112
5,635
3,850
—
—
—
3,850
5,250
—
—
—
—
—
1,280
7,369
—
—
—
7,369
17,091
9,151
8,942
—
—
18,093
38,627
—
—
—
—
—
1,324
31,524
8,942
76
—
40,543
89,167
—
—
—
—
—
135
—
268
—
—
268
714
—
90
—
—
90
416
—
358
—
—
358
1,265
1,764
—
322
—
2,087
2,140
—
—
125
—
125
62
162
—
671
—
834
333
1,927
—
1,119
—
3,046
2,536

Page 16

Other income

Other income
1310 - Insurance claims
Total		 —
—
—
—
—
448
—
—
—
—
—
448
INCOME TOTAL 76,665
10,850
12,992
—
100,508
207,737
Payments
Raising funds
1701 - Fees paid to Fund Raisers
1720 - Costs of stewardship
campaign
1730 - Costs of fetes & other events
Total
Payments on charitable activities
1740 - Bank Charges
1740 - Investment
management/Bank Charges
1801 - Giving to missionary societies
1910 - Ministry parish share etc
2051 - Other Salaries
2101 - Working expenses of
incumbent
2102 - Other Expense Claims
2150 - Vicar's telephone
2170 - Education
2201 - Parish training and mission
2301 - Church running - insurance
2310 - Church office/Youth -
telephone
2320 - Organ / piano tuning
2330 - Church maintenance
2331 - Cleaning
2332 - Catering
2340 - Upkeep of services
2350 - Upkeep of churchyard
2360 - Administration/Stationery
2361 -
Photocopy/Printing/Advertising
2363 - Licence & Subscriptions
2401 - Church running - electric
2410 - Church running - gas
2420 - Church running - water
2501 - Magazine expenses
2530 - Hall running - electricity
2540 - Hall running - gas
2550 - Hall running - insurance
2560 - Hall running - maintenance
2561 - Hall Cleaning
2580 - Hall running - water
2601 - Governance costs
examination/audit fee
2701 - Church major repairs -
structure		 410
—
—
—
410
—
—
214
—
—
214
250
—
—
26
—
26
2,767
410
214
26
—
650
3,017
347
—
—
—
347
669
—
—
114
—
114
—
20
—
—
—
20
6,372
77,991
—
—
—
77,991
75,959
—
6,184
—
—
6,184
6,389
476
—
—
—
476
1,761
—
—
—
—
—
780
73
—
—
—
73
435
161
—
—
—
161
150
72
—
—
—
72
1,636
9,318
—
—
—
9,318
9,173
1,529
—
—
—
1,529
1,027
—
—
—
—
—
60
418
—
1,113
—
1,532
7,247
203
—
—
—
203
529
55
—
—
—
55
644
211
—
—
—
211
1,582
740
—
—
—
740
1,454
1,353
45
—
—
1,398
3,155
2,441
—
—
—
2,441
3,298
1,042
—
—
—
1,042
1,155
6,629
—
—
—
6,629
16,326
4,539
—
—
—
4,539
(74)
396
—
—
—
396
576
—
308
—
—
308
978
—
1,858
—
—
1,858
1,896
—
898
—
—
898
2,454
—
—
—
—
—
595
—
8,930
1,863
—
10,794
585
—
369
—
—
369
16
—
105
814
—
919
658
—
—
—
—
—
200
475
—
—
—
475
61,220

Page 17

2710 - Church major repairs -
installation
2840 - Other PCC property upkeep
Total		 —
—
—
—
—
12,683
273
—
—
—
273
—
108,773
18,698
3,905
—
131,378
221,600
EXPENDITURE TOTAL 109,183
18,913
3,932
—
132,028
224,617
GRAND TOTAL (32,517)
(8,063)
9,060
—
(31,519)
(16,880)

Fund movement by type

Opening Incoming Outgoing Transfers Gains/losses Closing
Bell - Bell Repairs
Designated 190 — — — — 190
Sub-total for Bell 190 — — — — 190
Bibles - Bibles
Restricted 717 — — — — 717
Sub-total for Bibles 717 — — — — 717
Build - Building Fund
Designated 1,500 — — — — 1,500
Restricted 23,693 6,904 114 (31) — 30,452
Sub-total for Build 25,193 6,904 114 (31) — 31,952
Buildmain - Building/Maintenance
Restricted — — 253 253 — —
Sub-total for Buildmain — — 253 253 — —
CUFHealth - CUF Together Mental
Restricted 1,108 — — — — 1,108
Sub-total for CUFHealth 1,108 — — — — 1,108
Choir - Choir
Restricted 913 — — — — 913
Sub-total for Choir 913 — — — — 913
Clock - Clock Maintenance
Restricted 2,390 — — — — 2,390
Sub-total for Clock 2,390 — — — — 2,390
Decoration - St Thomas Decoration
Designated 37 — — — — 37
Restricted 724 — — — — 724
Restricted 3,621 500 — — — 4,121
Sub-total for Decoration 4,382 500 — — — 4,882
Disability - Disability Facilitie
Restricted 696 — — — — 696
Sub-total for Disability 696 — — — — 696
FamilyWork - Family Worker - Grow
Restricted 15,459 — — — — 15,459
Sub-total for FamilyWork 15,459 — — — — 15,459
Flower - Flower fund
Designated (14) — — — — (14)
Restricted 26 — — — — 26
Restricted — — — — — —
Sub-total for Flower 11 — — — — 11
Foster446 - Foster 446 [Mary D F
Endowment 15,741 — — — 1,120 16,861
Sub-total for Foster446 15,741 — — — 1,120 16,861
Foster487 - Foster 487 [Miss S D

Page 18

Endowment
Sub-total for Foster487
General - General fund
Unrestricted
Sub-total for General
Hall - Parish Hall
Designated
Restricted
Sub-total for Hall
Heating - Heating Fund
Restricted
Sub-total for Heating
Holiday - Holiday Club
Restricted
Sub-total for Holiday
IDSLDBF - IDS Decoration Schem
Restricted
Sub-total for IDSLDBF
Ingram - Ingram Trust
Restricted
Endowment
Sub-total for Ingram
Jump - Jump For Joy
Restricted
Sub-total for Jump
King - King Incumbent And C
Restricted
Endowment
Sub-total for King
Magazine - Magazine
Designated
Sub-total for Magazine
Maintain - Church Maintenance
Restricted
Sub-total for Maintain
Mission - Mission Resource
Designated
Sub-total for Mission
Organ - Organ
Designated
Restricted
Sub-total for Organ
Reserve - Reserve 3 Months exp
Designated – Holy Ascension
Designated – St Thomas
Sub-total for Reserve
Restorate - Restoration
Restricted
Sub-total for Restorate
Wilkes - Trust 1490 E S Wilke
Endowment
Sub-total for Wilkes
Grand total		 33,450
—
—
—
2,380
35,831
33,450
—
—
—
2,380
35,831
22,974
76,665
109,183
(4,026)
67
(16,584)
22,974
76,665
109,183
(4,026)
67
(16,584)
4,094
10,491
18,390
3,804
—
—
2,678
—
2,678
—
—
—
6,772
10,491
21,069
3,804
—
—
60,487
5,140
—
—
—
65,627
60,487
5,140
—
—
—
65,627
118
—
—
—
—
118
118
—
—
—
—
118
312
125
—
—
—
437
312
125
—
—
—
437
0
0
—
—
—
1
1,225
—
—
—
—
1,225
1,226
0
—
—
—
1,226
280
—
26
—
—
253
280
—
26
—
—
253
1,094
322
—
—
—
1,417
10,755
—
—
—
765
11,521
11,850
322
—
—
765
12,939
1,034
358
522
—
—
870
1,034
358
522
—
—
870
23,738
—
860
—
—
22,877
23,738
—
860
—
—
22,877
841
—
—
—
—
841
841
—
—
—
—
841
450
—
—
—
—
450
—
—
—
—
—
—
450
—
—
—
—
450
5,988
—
—
—
—
5,988
2,409
—
—
—
—
2,409
8,397
—
—
—
—
8,397
1,816
—
—
—
—
1,816
1,816
—
—
—
—
1,816
3,082
—
—
—
—
3,082
3,082
—
—
—
—
3,082
243,641
100,508
132,028
—
4,334
213,373

Page 19

Staff Costs

2020 2019
Wages & Salaries £6,184 £6,330
Average number of Employees 1 1

During the year the PCC employed an church hall cleaner [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.

COVID-19 – The PCC received £2,002 in grants from the Government related to the Furlough Scheme

Trustees’ Remuneration & Expenses

No Trustees were employed so no remuneration has been incurred during the year One trustee was reimbursed £476 for travel and subsistence during the year.

Related Parties

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

Donations from related parties [PCC members] totalled £5,838.

----- Start of picture text -----
Analysis of Transfer of Funds
Date Account Code description Debit Credit Description Fund
31/12/2020 0 1776172 Bank current account 3,804.69 To Parish Hall to bring fund to nil General Unr
31/12/2020 0 1776172 Bank current account 3,804.69 Per General fund to bring to nil Hall Des
30/12/2020 7 0784990 HSBC Current Account 246.15 To Building Maintenance fund to bring to Nil General Unr
30/12/2020 7 0784990 HSBC Current Account 246.15 Per General fund Buildmain Res
----- End of picture text -----

Page 20

Fixed Assets

a) Tangible Fixed Assets – The PCC does not have any Tangible Fixed Assets

b) Fixed Asset Investments

At 1 Jan
£		 Additions
£		 Disposals
£		 Transfers
£		 Change in
Market Value £		 At 31 Dec
£
Unrestricted funds
Investments 12,865 0.00 0.00 6,000 68 6,933
Restricted funds
Investments
Endowment funds
Investments 59,947 0.00 0.00 0.00 4,267 64,214
Total 72,812 0.00 0.00 6,000 4,335 71,147

Page 21

SOFA – Receipts & Payments Comparatives

[Previous Year 2019]

Unrestricted
Restricted Endowment
Total
Prior year
funds
funds
funds
funds
total funds		 Unrestricted
Restricted Endowment
Total
Prior year
funds
funds
funds
funds
total funds
Income and endowments from:
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
Total income
Expenditure on:
Raising funds
Expenditure on charitable activities
Total expenditure
Net income / (expenditure) resources before
transfer
Transfers
Gross transfers between funds - in
Gross transfers between funds - out
Other recognised gains / losses
Gains / losses on investment assets
Gains on revaluation, fixed assets, charity's own
use
Net movement in funds
Total funds brought forward
Total funds carried forward		 50,257
64,061
—
114,318
364,966
78,711
10,456
—
89,167
74,619
1,265
—
—
1,265
1,525
2,112
423
—
2,536
2,562
448
—
—
448
—
132,795
74,941
—
207,737
443,673
2,602
414
—
3,017
4,656
140,656
80,792
151
221,600
497,351
143,259
81,207
151
224,617
502,007
(10,463)
(6,266)
(151)
(16,880)
(58,333)
9,560
52,937
—
62,497
39,656
(61,007)
(1,489)
—
(62,497)
(39,656)
2,120
—
9,432
11,553
2,530
—
(20,012)
—
(20,012)
(2,510)
(59,790)
25,169
9,281
(25,339)
(58,314)
99,297
114,708
54,974
268,980
327,295
39,506
139,878
64,256
243,641
268,980

Page 22