## ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES ## **Responsibilities of the Parochial Church Council** The Parochial Church Council (“The Council”) is required to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the Parish as at the end of the financial year and of its income and expenditure for that period. The Council confirms that suitable accounting policies have been used and applied consistently, and reasonable and prudent judgments and estimates have been made in the preparation of the financial statements for the year ended 31 December 2020. The Council also confirms that applicable accounting standards have been followed and that the financial statements have been prepared on the going concern basis. The Council is responsible for keeping proper accounting records, for taking reasonable steps to safeguard the assets of the Parish and to prevent and detect fraud and other irregularities. By Order of the Council John G Hill Treasurer Reverend Janet Buchan Vicar and PCC Chair 25th February 2021 1 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES ## **Index** |Safeguarding|3| |---|---| |Membership of the Parochial Church Council|4| |Committee Membership|5| |Electoral Roll Report|5| |Report on Activities:|| |Parochial Church Council|6| |Community Centre Committee|6| |Entertainments and Fundraising Committee|7| |Worship|7| |Music|8| |Church Rotas|8| |Deanery Synod|9| |Far East Redbridge Mission and Ministry Unit (FERM)|9| |Goodmayes Fellowship of Churches|9| |Social and Outreach Activities|9| |Young People|| |School Contacts|10| |Messy Church|10| |Youth Group|10| |Sunday Squad|10| |Report on Fabric, Goods and Ornaments|11| |Charitable Giving|12| |The Flower Guild|12| |The Parish Magazine|13| |Conclusion|13| |**Finance**|| |Independent Examiner’s Report|14| |Statement of Financial Activities|15| |Balance Sheet as at 31 December 2020|16| |Notes to the Financial Statements|17| |Income and Expenditure Accounts|| |General Fund Income|25| |General Fund Expenditure|26| |Assistant Clergy Fund|27| |Organ Fund|28| |Restoration Fund|29| |St Paul’s Community Centre Fund Income|30| |St Paul’s Community Centre Fund Expenditure|31| |Flower Fund|32| 2 ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES ## **Safeguarding Statement and Report 2021** The care and protection of children, young people and vulnerable adults involved in Church activities is the responsibility of the whole Church. The congregation of St Paul’s has been made aware that if there are any concerns, they should speak to Kim Bownas or Rev’d Janet immediately. If they feel that someone is in immediate danger, they should call the Police or the local Social Services Duty Team. There have been no safeguarding concerns reported at St Paul’s Goodmayes for 2020 - 21. The church continues to follow the protocols established by the PCC in previous years. Training and DBS checks will be reviewed in the coming year and renewed as necessary. With several activities suspended due to Covid-19 restrictions, risk assessments and up-to-date registration forms will also be revisited as they begin again in 2021. As requested by the Diocese, Rev’d Janet publicised the Church of England’s “Past Cases Review 2” on two successive Sundays in October, in both written and oral notices, with the contact details required for anyone who wished to make a report. So far as we are aware, no concerns were raised relating to St Paul’s Goodmayes. St Paul’s continues to promote a safe environment for all, building good safeguarding practice into our work with children, young people and vulnerable adults. Kim Bownas, Parish Safeguarding Representative 3 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES ## **The Parochial Church Council of the Parish of Goodmayes St Paul** ## _Background_ The Parish of Goodmayes St Paul is part of the Deanery of Redbridge in the Barking Area of the Diocese of Chelmsford. The Parochial Church Council (PCC) is responsible for co-operating with the Vicar, The Reverend Janet Buchan, in promoting in the ecclesiastical parish the whole mission of the Church: pastoral, evangelistic, social and ecumenical. It is also responsible for the maintenance of the Church building and the Community Centre. ## _Membership_ Members of the PCC are either _ex officio_ or elected by the Annual Parochial Church Meeting in accordance with the Church Representation Rules. During this financial year, and up until the production of the Annual Accounts, the following served as members of the PCC: _**January-March 2020 March-December 2020**_ Vicar & Chair The Rev’d Janet Buchan The Rev’d Janet Buchan Churchwardens Mr Lawrence Asea Mr Lawrence Asea Mrs Judith Halls Mrs Judith Halls Vice Chair Mrs Judith Halls Mrs Judith Halls Secretary Mrs Val Thompson Mrs Val Thompson Electoral Roll Officer Mr Lawrence Asea Mr Lawrence Asea Treasurer Mr John Hill Mr John Hill Deanery Synod Reps None Dr Gweneth Nneji Mrs Helen Williams Elected Members Ms Kim Bownas Ms Kim Bownas Mrs Michelle Evangeli Mrs Michelle Evangeli (resigned November) Mr John Hill Mr John Hill Mrs Wendy Hill Mrs Wendy Hill Ms Princess Onyeukwu Ms Princess Onyeukwu Ms Debbie Tempro-Vallance Ms Sharon Samuels Mrs Val Thompson Ms Debbie Tempro-Vallance Mr Lenford Tulloch Mrs Val Thompson Mr Lenford Tulloch 4 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES ## **Committees** ## **Standing Committee** The PCC has a Standing Committee as required by law. It meets when necessary between PCC meetings. It has the power to transact the business of the PCC, subject to any directions given by the PCC. The membership consists of: the Vicar (chair), the Churchwardens, the Treasurer, the PCC Secretary and Michelle Evangeli (resigned November 2020). ## **Nurture and Outreach Group** The role of this committee is to carry forward the pastoral, evangelistic and mission work of the Church. The membership consists of: the Vicar (chair), the Churchwardens, the PCC Secretary and Kim Bownas. This group did not meet during 2020 and needs to be re-thought. ## **Entertainment and Fundraising Committee** This committee was established to arrange and oversee an annual programme of functions of social, fund-raising and entertainment events, providing opportunities for the local community to interact with the church and its members. The membership consists of: Judy Halls, Wendy Hill, John Hill, Princess Onyeukwu, Lenford Tulloch and the Vicar. ## **Community Centre Committee** This committee oversees the administration, cleaning and maintenance of the fabric of the Community Centre. The Committee also sets hire fees, proposes conditions of hire (to be ratified by the PCC) and manages the finances. The membership consists of: Judy Halls (chair), Lawrence Asea, John Hill, Gwen Nneji and the Vicar. ## **Report on the Electoral Roll of the Parish** As required by the Church Representation Rules (2020), the Electoral Roll has been revised in preparation for the 2021 Annual Parochial Church Meeting and is available to view on the interior notice board opposite the normal entrance to the church. It is made up as follows:- |Males-living within the Parish|11| |---|---| |Males-living outside the Parish|10| |Females-living within the Parish|24| |Females-living outside the Parish|18| ||---------| |Total|63| ||=====| This is 1 more than the number reported at last year’s Annual Parochial Church Meeting. Two members died during the year and one moved out of the area. New members are added to the Roll as they become eligible and four joined the church during the year. Sharon Samuels, Electoral Roll Officer 5 ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES ## **A Report on the Activities of the PCC and the Parish** ## **Parochial Church Council** The PCC were able to meet in January in the vicarage, and able to have the APCM on 15[th] March 2020 in church just before the first notice of the impending lockdown due to COVID-19 which began on 23[rd] March 2020. The PCC meetings of May, July, September and November 2020 have all taken place on Zoom with a special PCC Zoom meeting in August to discuss updating the broadband connection in church to enable us to future proof and upgrade to being part of a digital church. Committees have met between full PCC meetings and minutes of their deliberations received by the full PCC and discussed where necessary before decisions made. As well as discussing the maintenance of the fabric of the church at each meeting, in January we discussed the recent deanery congress and lay participation in services. In May we signed off the 2019 accounts, delayed due to COVID-19. In July we discussed communication within our church family and worship patterns that were adjusted as the pandemic conditions altered. September brought discussion about the planned parish quiz on Zoom and in November we reviewed our worship plans for the Advent and Christmas season. All meetings have been well attended by members of the PCC who have made decisions to enable our worship to continue throughout this pandemic. The PCC Secretary and the Chairman thank the elected officers and all involved with the various committees for their support and co-operation. We give special thanks to Rob Halls for his technical support during this time and for the assistance of the Asea family. We also give special thanks to Rev. Janet’s nephew, Chris Hoyle, for all he has provided in setting up for services to be broadcast to our congregation. Val Thompson, Secretary ## **The Community Centre Committee** The Centre is the primary source of the PCC’s annual income and has had a challenging year. During the first 3 months the Centre was fully used by Barleymont Nursery (the largest client), on weekday evenings by small Community Groups and on Saturdays for private parties and social events. Lettings continued to be administered by Judy Halls, Chair of the Community Centre Committee. The Centre was closed on 20 March as a result of the Coronavirus pandemic. Barleymont Nursery re-opened on 1 July for pre-school children only and for Holiday Club during the school holiday. It re-opened fully on 1 September using the Centre on weekdays from 7am-7pm during the Autumn term, although with lower numbers of children than usual. A reduced rent was negotiated for Barleymont in recognition of the financial challenges they faced due to closure and limited working. There have been no private party bookings since March, and use by Community Groups has been very limited. It is hoped that the Centre will be used by the wider community of Goodmayes and beyond when restrictions of the pandemic are lifted. Judy Halls, Committee Chair 6 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES ## **Entertainments and Fundraising Committee** The Committee did not meet during 2020 due to COVID-19 restrictions and our limited opportunities for fundraising. We were able to hold two events: - **Fun Night** in the Community Centre on 26[th] January (before lockdown) was organised by Judy Halls and Wendy Hill. Fifty-five people attended and the evening raised £163. - A **Quiz Night** was held via Zoom on Saturday 7th November; it was organized by Gwen Nneji and Debbie Tempro-Vallance, assisted by Gwen’s daughters Samia and Amy. £276 was raised. In the absence of a Bazaar, the **Bonus Ball** scheme, organised by Wendy Hill, which runs throughout the year, became our most successful fund-raiser, producing £827.50, its best-ever total. ## **Worship** Worship was hugely disrupted during 2020 due to the pandemic. We closed for public worship in March. Contact with the congregation was sustained by weekly letters, supplemented with material for reflection relevant to the season. These continued until the end of July, with occasional letters since, as required. At the beginning of April we began worship via Zoom, in time for Holy Week when we offered a full programme of services consisting of: Morning, Evening and Night Prayer on Monday, Tuesday and Wednesday; a Maundy Thursday Eucharist, with Spiritual Communion, led by The Rev’d Tom Britt who was on placement with us; a Good Friday Liturgy; a shortened Easter Vigil and an Easter Day Mass. From Easter Week we continued with regular Morning and Night Prayer, via Zoom, with a Eucharist on Sundays. We chose to use Zoom as our virtual platform as it can be accessed via a landline telephone by those who have no internet access. Weekly notice sheets and the necessary service orders have been delivered to those without internet. From 10[th] May Rev’d Janet was allowed to preside at the Eucharist from the Church, but without a congregation present. Services continued to be transmitted via Zoom, using a laptop placed on the altar. On 12[th] July a limited congregation returned to Church. While this was cause for rejoicing, it meant a considerable amount of work to enable the technology, as significant numbers of the congregation did not feel safe to attend in person and a “hybrid” system had to be created. We are very grateful to Rob Halls, and to Janet’s nephew, Chris Hoyle, who set up a successful temporary system. This experience has shown us that we need to explore installing permanent audiovisual equipment capable of transmitting worship while a congregation is physically present, and this work is in hand (see Fabric report). In November the Church again closed to public worship, re-opening at the beginning of December. For the first time in 2020 we offered a “Longest Night” service on 21[st] December, consisting of traditional readings, poetry and recorded music, with the opportunity for quiet meditation and (socially distanced) lighting of candles. This service was well-appreciated and we will repeat it in 2021. With the news of increasing COVID-19 incidence, we chose to limit numbers at our Christmas services by asking the congregation to attend _either_ Midnight Mass _or_ Christmas Morning, and have since closed again for public worship, at the request of the Diocese and Local Authority. 7 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES The changes to worship required by the pandemic have involved a great sense of loss, particularly for those who have not been able to receive Holy Communion since March 2020. However, there have also been gains: many more people have engaged with mid-week services, which they have found supportive; many more members of the congregation have contributed to leading worship and a number have also shared reflections in the “preaching slot” on Sundays. The growth in skill and faith demonstrated by these contributions has been impressive and we look forward to building on it. Janet Buchan, Vicar ## **Music** Our choir, now consisting of five ladies, continued to lead the music at the Sunday Eucharist with a responsorial psalm sung on most Sundays in January and February and the early part of March, in addition to the hymns and Mass setting. From mid-March onwards, singing was banned in church due to the increased risk of disseminating the COVID virus. Largely due to the efforts of Rob Halls, using material supplied by the A Church Near You Resource Hub, we have used recorded music to support our worship at Night Prayer, and for festival services in Church. John Hill, Organist and Choirmaster ## **Church Rotas** We express our gratitude to all the volunteers on various rotas for the work they do in supporting our worship and community life at St Paul’s Church. Sadly, this year we lost two long-standing members of the church who had both served as volunteers for many years. Eileen Warwick, who died in February 2020, was a member of the sidespersons’ team and Ruth Barnett, who died in November 2020, had been a member of the hospitality and readers’ teams, and of the choir. They will be missed for their warmth and generosity by all. We extend our grateful thanks to Stan Halls who served for many years in different roles in the church including Eucharistic Minister, sidesperson and intercessor. Stan steps down to take a well-earned break. The global pandemic and lockdown meant we could no longer meet in church from March for most of 2020. As a result, the hospitality teams have not been required since March. Moving to remote services by Zoom online has led to an increase in the number of opportunities for church members to contribute during the service. So 2020 saw the addition of many new volunteers to read and lead intercessions. We are all agreed that the range of voices brings a greater sense of inclusion and adds variety to the worship. For the short periods between lockdowns when the church was open we thank the team of sidespeople for the warm welcome, direction and support they provided to visitors and regular members of our church. The team consists of 7 elected members, who, in rotation, were on duty every 4 weeks. Gwen Nneji, Co-ordinator Note: The Churchwardens and the Vicar are very grateful to Gwen for continuing to coordinate the volunteers’ rotas, which became a much larger task in 2020 due to larger numbers of services and increased participation. 8 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES ## **Deanery Synod** The Synod met only twice during the year due to COVID-19. At the meeting in February, which took place at St Paul’s, The Rev’d Jonathan Evens, Associate Vicar for Partnership Development at St Martin-in-the-Fields spoke about HeartEdge, a movement for renewal of the church, based on the principle of being with people at the margins of society, and working in the areas of: Commerce; Culture; Congregation and Compassion. The November meeting took place on Zoom and was devoted to an explanation of the roles of Synod Officers, the election process and catching up on news. ## **Far East Redbridge Mission and Ministry Unit (FERM)** St Paul’s Goodmayes is part of a “Mission and Ministry Unit” with the adjacent Anglican parishes of St John’s, Seven Kings, St Peter’s, Aldborough Hatch and All Saints, Goodmayes. The name “FERM” derives from our geographical location on the eastern boundary of the Redbridge Deanery. Opportunities for collaboration were limited by the disruption caused by Covid-19. We hope to resume meeting together and develop joint initiatives once this is possible. ## **Goodmayes Fellowship of Churches** The Goodmayes Fellowship of Churches is an ecumenical group of Christian Churches in the Goodmayes area: All Saints, Goodmayes, Goodmayes Baptist Church, Goodmayes Methodist Church, St Cedd’s Roman Catholic Church and St Paul’s. Sadly, our usual joint activities could not take place due to the pandemic. We hope that it will be possible to meet together again in the second half of 2021. Stan Halls, Goodmayes Fellowship of Churches Representative ## **Social and Outreach Activities** Our social and outreach activities were severely curtailed by COVID-19. Apart from the Fun Night in January, all in-person social events had to be cancelled. In June we instigated a monthly “Sunday Afternoon Tea and Cake” on Zoom to give members of the congregation the opportunity to hear and share news in a more relaxed forum than the brief exchanges possible after the Sunday morning Eucharist. These sessions are typically attended by a dozen people and are appreciated by those who join in. Drop-In sessions for residents of Atholl Court, and our visits to local Care Homes and to Goodmayes Hospital were suspended in March. Rev’d Janet and Judy Halls have now been formally approved as volunteers for the North East London NHS Foundation Trust (NELFT), which operates Goodmayes Hospital and some community beds on the King George Hospital site. Janet is now visiting as a volunteer chaplain and Judy will begin soon, to supplement the work of the Chaplaincy Team during this very challenging time. Our new ‘English for Women’ group met briefly and then had to be abandoned. We will re-start as soon as we can. Rev’d Janet is now the Chair of the Seven Kings Community Policing Neighbourhood Ward Panel. Meetings during 2020 moved online and provide a forum for liaison between the police and local residents. 9 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES ## **Young People** ## **School Contacts** At the beginning of 2020 plans were in hand for school visits to the Church from Barley Lane and Farnham Green schools, as well as for Rev’d Janet to teach sessions on baptism at Barley Lane. We had also planned for a similar project to that undertaken in 2019, where Year 5 children would interview older adults about their memories of childhood in the local area. Sadly all had to be cancelled due to the pandemic. We plan to resume as soon as contact is permitted. ## **Messy Church** Messy Church is a way of being church for families that includes: craft and other fun activities, child-friendly worship and sharing a simple meal together. Sessions encourage adults and children to work and worship together. They provide a good opportunity to introduce people to the Christian faith, especially those who are unfamiliar with Church, or may fear that their children will not cope with it. In 2020, we ran Messy Church in February and March, and then had to stop due to lockdown. We resumed with a, shorter and simpler, online version, via Zoom, in October, enabling us to maintain contact with a small number of families and will continue with monthly sessions until we are able to meet again in person. ## **Youth Group** St Paul’s seeks to be a place where young people feel accepted and among friends, helping them to develop as whole people and enabling them to know themselves, to know God and to grow as Christians. Our plans to explore joint working with our Mission and Ministry Unit Churches to develop provision for young people have not been possible due to the COVID-19 pandemic. We hope to pick this up as soon as we are able to meet again. ## **Sunday Squad** Due to the restrictions caused by Covid-19, Sunday Squad was suspended from March 2020 onward. Contact has been maintained with the children and families by sending out weekly resources by email provided by the “Roots” organisation. These focus on the gospel readings for each week and encompass a arrange of activities. The children have continued to participate in Sunday Services, particularly in the monthly All-Age Service, through taking part in the readings, intercessions and other aspects of worship. Some members also took part in raising money for Christian Aid by completing local walks and bike rides, with Zoe, Anastasia and Kyron (and Michelle) walking over nine miles around local parks. Sunday Squad joined forces with Messy Church in October to provide a monthly afternoon online session, attended by a small number of families. We hope to be back to meeting face-to-face soon! Kim Bownas, Sunday Squad Leader 10 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES **Report on Fabric, Goods and Ornaments** ## The following work has been completed: - The new bell frame was constructed in hardwood by Bakers of Danbury and the new frame together with the bell itself, were taken to Taylor’s bell foundry where the bell was repaired. The Bell was rehung in February 2020. - The items of furniture and ornament that were no longer in use were disposed of according to the Faculty, some to individual buyers and the rest to Antique Church Furnishings. - For the largest part of 2020, government measures put together to reduce COVID19 infection rates included restriction of congregational worship in Church. The church closures for congregational worship led to a shift to virtual worship, resulting in a need for Audio Visual provision to facilitate online worship via Zoom. Temporary equipment, including a gift and a loan from Chris Hoyle, enabled us to rise to this challenge. Plans are in progress to create a more permanent solution. The PCC agreed a proposal for the installation of a telephone line and internet in Church. The DAC approved the faculty application and the work was completed in September 2020. ## Planned future work - Plans were progressed during 2020 for the provision of cupboards in the Baptistry area to create storage space for some of the equipment currently stored in the vestries. The quote for the addition of a water supply to this area was prohibitive, and the PCC decided to proceed with the building of cupboards only. A faculty was applied for, and granted in December 2020. The work should be completed in the first half of 2021. - An Electrical Inspection was carried out in August, confirming the need for updating of switch panels, and other items. The PCC is in the process of obtaining quotations for the necessary work alongside addition of power sockets, fitting energy saving lighting and the installation/ upgrading of audio-visual equipment. - The PCC remains committed to the refurbishment of the meeting room and vestries including the installation of a fully accessible toilet, a single toilet and a small kitchenette. This work could not be carried out until the cupboards in the baptistery had been built. We hope to make progress in 2021. A Quinquennial Report will be undertaken in 2021 and we will be guided by our architect in respect of priorities emerging from that report. Judy Halls & Lawrence Asea, Churchwardens 11 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES ## **Charitable Giving** During the year the following charitable donations were made from PCC funds: |The United Society for Partners in the Gospel (USPG)|£600| |---|---| |The River House Trust (formerly the Cara Trust)|£300| |The Prison Fellowship|£300| |The Friends of Essex Churches Trust|£300| |The Falconer Trust|£300| |Disasters Emergency Committee: Coronavirus Appeal|£250| |Disasters Emergency Committee: Yet to be committed|£200| |Redbridge Food Bank|£200| |Refugee Welcome Dagenham (St Mary’s Ilford)|£200| ||TOTAL:**£2,650**| £150 of the gift to the DEC was carried forward from 2019 leaving £200 (see above) to be given away in 2021 In addition, funds were raised from parishioners and others for a variety of charitable objectives. These payments (including Gift Aid recovered where possible) were:- |Christian Aid (Sponsored Bike Ride by our young people):|£567.50| |---|---| |Children’s Society (in lieu of Christmas cards to each other):|£41.25| |Christmas boxes for residents of Atholl Court and Grove Farm:|£313.75| |Royal British Legion (Poppies on Remembrance Sunday):|£83.25| |Redbridge Food Bank (At Harvest Festival):|£307.50| |Needy families at Barley Lane School|£243.75| |Macmillan Nurses (50% of Ruth Barnett`s funeral collection):|£420.00| |An additional Discretionary Fund for the Vicar’s use:
|£2,105.75| |TOTAL:|**£4,082.75**| All of these funds were expended save for £102.83 in the Atholl Court Fund which will be used to offer hospitality to those residents who attend our Tuesday morning drop-in sessions once these resume; £4.18 in the Barley Lane School Fund which will be added to the £1,280.06 also remaining in the Vicar’s additional Discretionary Fund from which any further need by Barley Lane School families will be met. John Hill, Treasurer ## **The Flower Guild** The members of the St Paul’s Flower Guild remain as June Capel, Judy Halls, Wendy Hill, Lorna Hunte, Linda Weaver and Val Thompson. The Guild continues to enhance the worship of all church services with beautiful floral displays throughout the year, although during the lock-down in 2020 very few arrangements were actually produced. We did manage to decorate the church for Christmas with the normal Christmas trees and foliage adorned with red flowers which drew a few compliments. We are grateful for all those who helped. Hopefully, things will get back normal soon and we can all return to church, including the flowers. In the meantime, thanks go to all the Flower Guild for their continued help and to those who give so generously towards the cost of the flowers. Wendy Hill 12 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES **The Parish Magazine** Because of the lock-down, the Parish Magazine – usually printed at Chelmsford – was printed in-house on the church copier. Ninety copies have been produced each month and distributed to everyone on the electoral roll, either by hand or post, as well as to those who normally subscribe. I am grateful to Rev. Janet and Judy Halls for helping with the distribution. Around six copies are posted to readers outside the parish. Most of our local FERMMU and Goodmayes Fellowship Churches receive a copy, as does the Goodmayes library. The sale price of the magazine remains the same, at 50p. The magazine is part-funded by advertisements from local businesses. Wendy Hill, Editor ## **Conclusion** It is an understatement to say that 2020 was a challenging year. When all kinds of gathering, including public worship, were prohibited on church premises in March, noone imagined that the disruption would continue for so long. We have lost many shared experiences and the regular opportunities to connect with our local community through the year. As a church with a Eucharistic tradition, a huge sadness has been the loss of Holy Communion. Some members of our congregation have not been present at a Eucharist for almost a year. While “Spiritual Communion” has its place, it is not an adequate substitute, and we do long for the day when all will be able to receive the Sacrament as we are used to. Despite these difficulties, we have adapted, finding new ways of staying in touch, maintaining worship and sustaining faith in these very difficult times. We moved quickly onto “Zoom”, learning slowly how to overcome the inevitable glitches, with the result that a very large proportion of the congregation has continued to connect with us and with each other. Several older members have discovered that they can use internet technology, giving them increased opportunity to connect with family and friends, as well as to join in worship. Those without IT access are able to dial in to services on a landline telephone, so no-one has to be excluded. We have established a pattern of Morning Prayer on three weekday mornings, and Night Prayer on two weekday evenings, via Zoom, meaning that many more people are meeting for weekday worship than was the case a year ago. Many more people are participating in the leadership of worship, which is also hugely encouraging. The Parochial Church Council will participate in an “Away Day” – in person or on Zoom depending on regulations at the time – in May 2021 to consider how we rebuild our life together once we can meet freely again, how we develop our service to our local community and what shape our worship needs to take. It will be important that we do not simply try to re-create what we had before the pandemic, but use this experience as a catalyst for deciding what is important about “church” in Goodmayes in the twentyfirst century, and where God might be leading us. 2021 will be another challenging year. The Rev’d Janet Buchan, Vicar _25th February 2021_ 13 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## **Independent examiner’s report to the trustees of the Parish of St Paul’s Goodmayes** I report to the trustees on my examination of the accounts of the Parish of St Paul’s Goodmayes for the year ended 31 December 20. ## **Responsibilities and basis of report** As the charity trustees of the parish you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘The Act’) I report in respect of my examination of the parish’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 giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the parish as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. 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. Osbornes Accountants Limited, 20, Market Place, Kingston-upon-Thames, Surrey, KT1 1JP 4[th] March 2021 14 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES ## **Statement of financial activities for the year ended 31 December 2020** ||Note|Unrestricted|Restricted|TOTAL|FUNDS| |---|---|---|---|---|---| |||Funds|Funds|2020|2019| |INCOME||£|£|£|£| |Voluntaryincome(directgiving)|2(a),5(a)|25,726|457|26,183|31,949| |Other voluntaryincome|2(b)|7,466|-|7,466|118,668| |Gross income from events and activities|2(c ),19(c)|45,194|-|45,194|84,929| |Other ordinaryincome|2(d),19(d)|995|-|995|4,696| |Income from investments|2(e),4(e),5(e)||||| ||7(e),9(e),19(e)|2,993|643|3,636|1,339| |TOTAL INCOME||82,374|1,100|83,474|241,581| |EXPENDITURE|||||| |Grants|3(a)|6,096|-|6,096|3,192| |Support costs|3(b)|207|-|207|376| |Directlyrelatingto the work of|3(c),6(c),8(c),||||| |the Church|20(c)|82,210|27,426|109,636|129,584| |Fund raisingandpublicity|3(d)|45|-|45|61| |Church management and administration|3(e),20(e)|7,029|-|7,029|5,797| |||95,587|27,426|123,013|139,010| |NET INCOME/(EXPENDITURE||(13,213)|(26,326)|(39,539)|102,571| |Gains/(losses)on investment assets||4,175|1,046|5,221|5,594| |Balances brought forward at|||||| |1 January2020||304,356|169,847|474,203|366,038| |Balances carried forward at|||||| |31 December 2020||295,318|144,567|439,885|474,203| ||||||| ||||||| ||||||| ||||||| ||||||| 15 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES ## Balance Sheet as at 31 December 2020 **----- Start of picture text -----**
Note 2020 2019
£ £ £ £ £ £
FIXED ASSETS
Tangible assets 16 177,173 203,188
Investments
5,432 shares in the Investment account
of the Central Board of Finance of the Church
of England 17 110,806 105,589
268 Charibond shares (held in custody by
the Chelmsford Diocesan Board of Finance) 17 336 332
288,315 309,109
CURRENT ASSETS
Debtors 21 577 6,061
Deposit accounts:
Central Board of Finance of
the Church of England 119,747 116,793
National Westminster Bank current accounts 33,594 44,468
Cash in hand 104 166
154,022 167,488
CREDITORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
Creditors 22 (2,452) (2,394)
Net current assets 151,570 165,094
439,885 474,203
FUNDS
Restricted funds:
Assistant Clergy Fund 24,468 22,807
Community Centre Fund 115,799 142,906
Organ Fund 1,975 1,967
Flower Fund 2,325 2,167
144,567 169,847
Unrestricted funds:
General Fund 146,748 147,660
Assistant Clergy Fund 6,117 5,702
Community Centre Fund 99,013 107,741
Restoration Fund 43,440 43,253
295,318 304,356
439,885 474,203
**----- End of picture text -----**
16 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES ## Notes to the financial statements for the year ended 31 December 2020 1. The financial statements have been prepared in accordance with the current Church Accounting Regulations and in accordance with the current Charities SORP (FRS 102) together with applicable accounting standards. The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. 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. ## **Funds** _Restricted funds_ represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. _Unrestricted funds_ are general funds which can be used for PCC ordinary purposes. ## **Incoming resources** Planned giving, collections and donations are recognized when received. Tax refunds relate to the year ended 31[st] December 2019. Grants and legacies have been accounted for when the PCC has received the amounts due. Dividends are accounted for when receivable, interest is accrued. All other income is recognized 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 recognized when it is incurred and is accounted for gross. ## **Fixed assets** Consecrated and benefice property is not included in the accounts in accordance with the Charities Act 2011. Movable 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. Subsequently any individual item which has cost less than £1,000 has been written off when incurred. _Investments_ are valued at market value as at 31 December. 17 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## **ST PAUL`S CHURCH GOODMAYES** ## **Notes to the financial statements for the year ended 31 December 2020** |**General Fund**|Unrestricted|Restricted|TOTAL|FUNDS| |---|---|---|---|---| ||Funds|Funds|2020|2019| |2. INCOMING RESOURCES|£|£|£|£| |2(a)Voluntaryincome(Direct Giving)||||| |Planned Giving:||||| |Gift aided|18,214|-|18,214|20,555| |Income tax recoverable|5,276|-|5,276|5,903| |Uncovenanted|250|-|250|300| |Collections(openplate)at all services|303|-|303|1,610| |Donations: War Memorialproject|-|-|-|2,135| |Sundrydonations|1,683|-|1,683|294| ||25,726|-|25,726|30,797| |2(b)Other voluntaryincome||||| |Bazaar and other fund-raising|1,315|-|1,315|2,669| |Donations,bequests,appeals etc|6,151|-|6,151|115,999| ||7,466|-|7,466|118,668| |2(c)Gross income from events and activities||||| |MessyChurch|58|-|58|140| |Coffee and tea|71|-|71|364| |CommunityCentre lettings etc|28,000|-|28,000|53,000| |Hire of Parish Room|20|-|20|100| |Fees|182|-|182|330| |Votive candles(see note 1)|14|-|14|27| |Magazine sales and advertisements(see note 1)|517|-|517|515| ||28,862|-|28,862|54,476| |2(d)Other ordinaryincome||||| |Disposals|995|-|995|1,656| |Sundryother income|-|-|-|-| ||995|-|995|1,656| |2(e)Income from investments||||| |Interest on CBF and other deposits|246|-|246|360| |Dividends on CBF Investment A/c shares(Note 17)|2,339|-|2,339|537| ||2,585|-|2,585|897| |TOTAL INCOMING RESOURCES|65,634|-|65,634|206,494| |||||| |||||| |||||| |||||| |||||| |||||| 18 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## **ST PAUL`S CHURCH GOODMAYES** ## **Notes to the financial statements for the year ended 31 December 2020** |GENERAL FUND|Unrestricted|Restricted|TOTAL|FUNDS| |---|---|---|---|---| ||Funds|Funds|2020|2019| |3. RESOURCES USED|£|£|£|£| |3(a)Grants:||||| |Missionaryand chaitablegiving|6,096|-|6,096|3,192| ||6,096|-|6,096|3,192| |3(b)Support costs(hospitality)|207|-|207|376| ||207|-|207|376| |3(c)Directlyrelatingto the work of the Church||||| |Ministry: DiocesanQuota|39,666|-|39,666|38,149| |: Clergyexpenses|1,019|-|1,019|928| |Church runningexpenses|4,889|-|4,889|7,093| |Church maintenance|11,687|-|11,687|25,398| |Upkeepof services|708|-|708|1,710| |Salaries|-|-|-|340| |Magazine|350|-|350|440| |Support costs: Mission & Outreach|183|-|183|108| |Church furnishings|1,659|-|1,659|1,049| ||60,161|-|60,161|75,215| |3(d)Fund-raisingandpublicity||||| |Advertisingof services|45|-|45|61| ||45|-|45|61| |3(e)Church management and administration||||| |Stationery, printingandpostage|1,289|-|1,289|1,335| |Bank charges|279|-|279|373| |Fees and subscriptions|1,068|-|1,068|940| |Stewardshipenvelopes|91|-|91|119| |Website construction and maintenance|560|-|560|628| |Sundries|-|-|-|118| ||3,287|-|3,287|3,513| |**TOTAL RESOURCES USED**|69,796|-|69,796|82,357| |||||| 19 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## **ST PAUL`S CHURCH GOODMAYES** ## **Notes to the financial statements for the year ended 31 December 2020** **----- Start of picture text -----**
Restoration Fund Unrestricted Restricted TOTAL FUNDS
Funds Funds 2020 2019
4. Incoming resources £ £ £ £
4(c) Gross income from events and activities
Transfer from General Fund o/a fabric works - - - 22,000
- - - 22,000
4(e) Income from investments
Interest on CBF deposit account 179 - 179 138
Interest on 268 Charibond units 8 - 8 7
187 - 187 145
TOTAL INCOMING RESOURCES 187 - 187 22,145
Flower Fund
5. Incoming resources
5(a) Voluntary income
Donations - 262 262 968
Income tax recovered - 195 195 184
- 457 457 1,152
5(e) Income from investments
Interest on CBF deposit account - 5 5 7
- 5 5 7
TOTAL INCOMING RESOURCES - 462 462 1,159
6. Resources used
6(c) Directly relating to the work of the Church - 304 304 893
- 304 304 893
TOTAL RESOURCES USED - 304 304 893
Assistant Clergy Fund
7. Incoming resources
7(e) Income from investments
Interest on CBF deposit account 2 7 9 163
Dividends on shares in the Investment account of the
Central Board of Finance of the Church of England. 156 623 779 -
158 630 788 163
TOTAL INCOMING RESOURCES 158 630 788 163
8. Resources used
8(c) Directly relating to the work of the Church
Curate`s expenses 3 12 15 -
3 12 15 -
TOTAL RESOURCES USED 3 12 15 -
Organ Fund
9. Incoming resources
9(e) Income from investments
Interest on CBF deposit account - 8 8 15
- 8 8 15
TOTAL INCOMING RESOURCES - 8 8 15
**----- End of picture text -----**
20 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## **ST PAUL`S CHURCH GOODMAYES** ## **Notes to the financial statements for the year ended 31 December 2020** 10 Restoration Fund The PCC had deemed all the income and capital in the Restoration Fund to be unrestricted funds. ## 11 Assistant Clergy Fund The PCC has deemed 80% of the income to the Assistant Clergy Fund to be restricted funds and 20% to be unrestricted funds. ## 12 Reserves Policy The Parochial Church Council is reviewing its policy with regard to an appropriate level of reserves. At present, it has cash holdings far in excess of what might be deemed necessary to meet unforeseen contingencies but much of this will be expended on further repairs and maintenance of the church plant in the coming year. Once these works have been completed, the PCC will establish a new policy in the light of the then available cash balances. ## 13. Special balances: General Fund The balance on the General Fund (£146,748) includes a sum of £143, comprising the balance – after expenditure of £2,903 on resurfacing the Lady Chapel floor, £2,747 on new chairs for the chapel, £14,407 on the refurbishment and rehanging of the church bell, £6,960 on two new heaters and £2,124 on asbestos removal – of three bequests from the estates of Olive Dora Thompson, Edna (Molly) Mutton and Janette Philander. These originally totalled £29,284. The balance also includes the sum of £115,998.54, a bequest from the estate of Angela Martin, a former parishioner. In addition, a sum of £4,174 is held as a reserve for the future redecoration of the Vicarage. ## 14. Special balances: Community Centre The cash and bank balances in the Community Centre Fund, totalling £43,851, include a sum of £15,871 set aside as a Long-term Maintenance Reserve. ## 15. Appeals A number of appeals were launched in 2020 mainly to aid those in perceived need. These are listed in the report which precedes these financial statements. All of these funds were expended save for £102.83 in the Atholl Court Fund which will be used to offer hospitality to those residents who attend our Tuesday morning drop-in sessions once these resume; £4.18 in the Barley Lane School Fund which will be added to the £1,280.06 also remaining in the Vicar’s additional Discretionary Fund from which any further need by Barley Lane School families will be met. The balance on the General Fund (£146,748) includes these sums which total £1,387.07. 21 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## **ST PAUL`S CHURCH GOODMAYES** ## **Notes to the financial statements for the year ended 31 December 2020 16. Tangible Fixed Assets** |**16. Tangible Fixed Assets**||||| |---|---|---|---|---| ||Furniture and fittings||Buildings|| ||Church|Community|Community|| |||Centre|Centre|Total| |**Cost/Valuation in use**|£|£|£|£| |At 1 January2020|6,960|7,248|542,202|556,410| |Additions in theyear|-|4,260|-|4,260| |Disposals|-|-|-|-| |At 31 December 2020|6,960|11,508|542,202|560,670| |**Depreciation:**||||| |At 1 January2020|870|3,225|349,127|353,222| |Provision for theyear|870|2,295|27,110|30,275| |Disposals|-|-|-|-| |At 31 December 2020|1,740|5,520|376,237|383,497| |**NET BOOK VALUE:**||||| |At 31 December 2020|5,220|5,988|165,965|177,173| |At 31 December 2019|6,090|4,023|193,075|203,188| The Council has adopted the following policies with regard to depreciation of fixed assets. The Community Centre building (Hall) is depreciated over twenty years. The Community Centre furniture (refrigerator, chairs, trolleys, tables, windows, door, water heater) is depreciated over five years. The two newer church heaters are depreciated over eight years. ## 17 **. Gains in investments** Until 31 December 1996, investments were carried at cost. The Chelmsford Diocesan Board of Finance holds in trust for the Parish 268 Charibond shares. On 31 December 2019 their value was £332 and on 31 December 2020 it was £336. An unrealized gain of £4 has been taken to account. On receipt in 2019 of a bequest from the late Angela Martin (£115,999), the PCC invested £75,000 over a six-month period in income shares of the Investment Fund (INVAC) of the Church of England Board of Finance. 4,075.03 shares were purchased at an average price of 1,840.48p On 31 December 2020, the price was 2039.87p. An unrealized gain of £3,914 has been taken to account for the year ended 31 December 2020. The Council also invested £25,000 from the Assistant Clergy Fund in 1,356.96 INVAC shares at a price of 1,842.35p. An unrealized gain of £1,303 has likewise been taken to account. ## 18. **Development Agreement with Family Housing Association (now Peabody)** In December 2004, an Agreement to Lease was signed with the Family Housing Association (now Peabody Housing Association) and the sum of £28,750 received by way of deposit on the consideration. In March 2005, a Lease was granted to the Family Housing Association letting a certain area of land adjoining the church for 127 years for a total consideration of £575,000. The rental payable by the Housing Association on the lease is one peppercorn per annum until the year 2045 when an amount of £1,200 p.a. in 2005 value, indexed to the Retail Price Index, becomes payable for the remainder of the term of the Lease. The old Community Centre was then demolished and a new Community Centre erected for a fixed sum of £435,000. In 2012, a new extension was added, to house toilets and storage for Pedagogy Auras, who paid 50% of the total build costs of the extension. 22 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## **Notes to the financial statements for the year ended 31 December 2020** |**St Paul`s Community Centre**|Unrestricted|Restricted|TOTAL|FUNDS| |---|---|---|---|---| ||Funds|Funds|2020|2019| |19. INCOMING RESOURCES|£|£|£|£| |19(c)Gross income from events and activities: Hire of hall|37,968|-|37,968|74,363| |Pedagogycontribution to utilities etc|7,029|-|7,029|9,090| ||44,997|-|44,997|83,453| |19(d)Other ordinaryincome||||| |EIG: Insurance claim: flood damage|-|-|-|3,040| ||-|-|-|3,040| |19(e)Income from investments|63|-|63|112| ||63|-|63|112| |TOTAL INCOMING RESOURCES|45,060|-|45,060|86,605| |20. RESOURCES USED||||| |20(c)Directlyrelatingto the work of the Church:||||| |Hall runningcosts:- Telephone and Broadband|649|-|649|616| |Water rates|1,886|-|1,886|2,623| |Heating: Gas|647|-|647|1,070| |Lighting: Electricity|2,059|-|2,059|3,189| |Cleaning|996|-|996|5,999| |Insurance|400|-|400|400| |Repairs and maintenance|1,617|-|1,617|561| |Furniture and equipment|247|-|247|132| |Floor maintenance|5,130|-|5,130|2,160| |Redecoration|-|-|-|2,300| |Walkingwall maintenance|714|-|714|714| |Fire extinguisher and alarm maintenance|482|-|482|804| |Gutter maintenance|570|-|570|-| |Refuse collection|1,698|-|1,698|1,641| |Window cleaner|235|-|235|360| |Pest control|805|-|805|753| |Sanitation services|1,616|-|1,616|1,601| |Depreciation(See note 16)|2,295|27,110|29,405|28,553| ||22,046|27,110|49,156|53,476| |20(e)Church management and administration||||| |Securitycosts|787|-|787|689| |Legal fees|2,759|-|2,759|985| |Sundryexpenditure|107|-|107|46| |Damage deposits repaid(net)|89|-|89|564| ||3,742|-|3,742|2,284| |**TOTAL RESOURCES USED**|25,788|27,110|52,898|55,760| |||||| |||||| |||||| 23 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## **ST PAUL`S CHURCH GOODMAYES** ## **Notes to the financial statements for the year ended 31 December 2020** ||**£**|£| |---|---|---| |HMRC|**20**|742| |CCLI|**233**|**-**| |PerformingRights Society|**177**|**-**| |Royal School of Church Music|**115**|**-**| |London Borough of Redbridge: LotteryLicence|**20**|**-**| |PedagogyAuras - share of utilities etc|**-**|4,963| |Ripple Dance|**-**|354| |Sundrydebtors|**12**|2| ||**577**|6,061| |**22.Creditors and deferred income**||| |Anglian Water(Wave)|**697**|36| |PedagogyAuras - advancepayments -share of utilities etc|**637**|-| |British Gas|**368**|-| |Charitable donations|**200**|324| |SharpBusiness Systems|**30**|-| |Bonus ball - advancepayments|**306**|-| |Bonus ball - end-year surplus at bank|**75**|-| |Magazine - advancepayments|**18**|-| |Magazinepostage - advancepayments|**19**|-| |CommunityCentre deferred income|**-**|811| |Winckworth Sherwood|**-**|985| |Castle Water|**-**|153| |DaisyCommunications|**-**|52| |Sundrycreditors|**102**|33| ||**2,452**|2,394| |||| 24 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## **ST PAUL`S CHURCH GOODMAYES** ## **Income and expenditure accounts for the year ended 31 December 2020** |**General Fund**|||| |---|---|---|---| |**Income**|||| |Church collections : General||**303**|1,610| |Plannedgiving: Gift aided||**18,214**|20,555| |Income tax recovered||**5,276**|5,903| |Other||**250**|300| |Voluntaryreceipts||**24,043**|28,368| |Fees: Weddings and funerals||**182**|330| |Donations||**1,683**|2,429| |Special donations and bequests||**-**|115,999| |Bazaar and other fund-raising||**1,315**|2,669| |MessyChurch||**58**|140| |Investment income||**2,585**|897| |Votive candles and lamps||**14**|27| |Coffee and tea||**71**|364| |Magazine sales and advertisements||**517**|515| |Room Hire||**20**|100| |Disposals||**995**|1,656| |Eileen Warwick Memorial||**1,087**|-| |BarleyLane School Fund||**244**|-| |Vicar`s in-need Fund||**2,106**|-| |Christian Aid(Sponsored Bicycle Ride)||**568**|-| |Redbridge Food bank Appeal||**307**|-| |New Camera Appeal||**563**|-| |PoppyAppeal(Royal British Legion)||**83**|-| |Ruth Barnett Memorial||**838**|-| |Atholl Court Xmas Gifts Appeal||**314**|-| |Childrens SocietyAppeal||**41**|-| |||**37,634**|153,494| ||||| ||||| 25 |ANNUAL REPORT AND FINANCIAL STATEMENTS
|ANNUAL REPORT AND FINANCIAL STATEMENTS
||| |---|---|---|---| |~~**General Fund**~~||2020|2019| |**Expenditure**||£|£| |Music and musicians||571|1,249| |Sanctuary||252|1,067| |Heat,light and water,telephone||3,768|4,556| |Postage,secretarial,stationery,books||348|315| |Magazine||350|440| |Weeklyleaflet||114|150| |Insurance||2,808|2,536| |Advertising||45|61| |Repairs and maintenance||1,610|479| |Church furnishngs(inc Camera)||789|179| |Heaters servicing||972|1,080| |War memorialproject||-|9,440| |Asbestos removal/Tower and vestryrepairs||2,124|678| |Refurbishment and rehangingof bell||3,967|10,440| |Architect`s fees||513|2,016| |Family purse||39,666|38,149| |Clergyexpenses||1,019|928| |Charitablegivingand DiscretionaryFund(£500)||3,400|3,192| |Disbursement of charitable funds raised byappeal||2,696|-| |Mission and outreach||183|96| |MessyChurch||170|383| |Hospitality||207|376| |Photocopying||940|1,020| |Fees,subscriptions,stewardshipenvelopes||456|356| |Independent examination fee||703|703| |Website construction and maintenance||560|628| |Bank charges||279|373| |Gardening||1,080|467| |Sundryexpenses andyouthgroup||-|130| |Depreciation: New heaters||870|870| |**TOTAL EXPENDITURE**||70,460|82,357| |Excess of expenditure over income||(32,826)|71,137| |Transfer from CommunityCentre Fund||28,000|53,000| |Transfer to Restoration Fund||-|(22,000)| |Revaluation of investment||3,914|4,212| |Openingbalance||147,660|41,311| |Closingbalance||146,748|147,660| |Represented by:-|||| |Fixed assets:two new heaters||5,220|6,090| |Bank balances and cash in hand||6,238|9,469| |4,075.03 shares in the Investment Fund of the Central|||| |Board of Finance of the Church of England||83,125|79,212| |CBF Deposit Fund balances||52,712|52,489| |Creditors||(1,118)|(396)| |Debtors||571|796| |||146,748|147,660| 26 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## **ST PAUL`S CHURCH GOODMAYES** |**ST PAUL`S CHURCH GOODMAYES**|**ST PAUL`S CHURCH GOODMAYES**|**ST PAUL`S CHURCH GOODMAYES**|**ST PAUL`S CHURCH GOODMAYES**| |---|---|---|---| |**Income and expenditure accounts for theyear ended 31 December 2020**|||| |||**2020**|2019| |||**£**|£| |**Assistant Clergy Fund**|||| |**Income**|||| |Interest on CBF deposit account||**9**|163| |Dividends on shares in the Investment account of the|||| |Central Board of Finance of the Church of England.||**779**|-| |||**788**|163| |**Expenditure**|||| |Curate`s expenses||**15**|-| |||**15**|-| |Excess of income over expenditure||**773**|163| |Revaluation of investment||**1,303**|1,377| |Openingbalance||**28,509**|26,969| |Closingbalance||**30,585**|28,509| |Represented by:-|||| |1,356.96 income shares in the Investment Account of|||| |the Central Board of finance of the Church of England:||**27,680**|26,377| |Deposit account with the Central Board of Finance of|||| |the Church of England:||**2,905**|2,132| |||**30,585**|28,509| ||||| ||||| 27 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## **ST PAUL`S CHURCH GOODMAYES** ## **Income and expenditure accounts for the year ended 31 December 2020** **----- Start of picture text -----**
2020 2019
£ £
Organ Fund
Income
Interest on the Central Board of Finance of the
Church of England deposit account 8 14
8 14
Expenditure
- -
Excess of income over expenditure 8 14
Opening balance 1,967 1,953
Closing balance 1,975 1,967
Represented by:-
Central Board of Finance of the Church of
England deposit account 1,975 1,967
1,975 1,967
**----- End of picture text -----**
28 ## ANNUAL REPORT AND FINANCIAL STATEMENTS **ST PAUL`S CHURCH GOODMAYES** |**ST PAUL`S CHURCH GOODMAYES**|**ST PAUL`S CHURCH GOODMAYES**|**ST PAUL`S CHURCH GOODMAYES**|**ST PAUL`S CHURCH GOODMAYES**| |---|---|---|---| |**Income and expenditure accounts for theyear**|||| |||**2020**|2019| |||**£**|£| |**Restoration Fund**|||| |**Income**|||| |Interest on CBF deposit account||**179**|138| |Interest on 268 Charibond units||**8**|7| |Transfer from General Fund||**-**|22,000| |||**187**|**22,145**| |**Expenditure**||**-**|**-**| |||**-**|**-**| |Excess of income over expenditure||**187**|22,145| |Openingbalance||**43,253**|21,108| |Closingbalance||**43,440**|**43,253**| |**Represented by:-**|||| |Current assets:|||| |Central Board of Finance of the Church of|||| |England: Deposit account||**43,440**|43,253| |||**43,440**|43,253| ||||| ||||| ||||| ||||| 29 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## **ST PAUL`S CHURCH GOODMAYES** ## **Income and expenditure accounts for the year ended 31 December 2020** **----- Start of picture text -----**
2020 2019
£ £
St Paul`s Community Centre Fund
Income
Regular lettings: Pedagogy Auras 33,177 63,700
Regular lettings: Other 2,896 6,903
Casual lettings 1,895 3,760
Pedagogy Auras: Utilities 2,952 3,883
Pedagogy Auras: Redecoration - 1,000
Pedagogy Auras: Refuse collection 849 820
Pedagogy Auras: Pest control 304 377
Pedagogy Auras: Floor maintenance 954 864
Pedagogy Auras: Storage 1,320 1,320
Pedagogy Auras: Sanitary services 650 801
Investment income 63 112
Pedagogy Auras: Keys - 25
Ecclesiastical Insurance: flood damage - 3,040
45,060 86,605
**----- End of picture text -----**
30 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES ## **Income and expenditure accounts for the year ended December 31 2020** |||**2020**|2019| |---|---|---|---| |||**£**|£| |**St Paul`s Community Centre Fund**|||| |**Expenditure**|||| |Utilities||**4,592**|6,882| |Cleaning||**996**|5,999| |Insurance||**400**|400| |Furniture and equipment||**247**|132| |Repairs and maintenance||**1,617**|561| |Floor maintenance||**5,130**|2,160| |Redecoration||**-**|2,300| |Gutter maintenance||**570**|-| |Walkingwall maintenance||**714**|714| |Fire extinguisher & alarm maintenance||**482**|804| |Securitycosts||**787**|689| |Telephone and broadband||**649**|616| |Refuse collection||**1,698**|1,641| |Sanitation services||**1,616**|1,601| |Pest control||**805**|753| |Window cleaner||**235**|360| |Legal fees||**2,759**|985| |Sundryexpenditure||**107**|46| |Damage/keydeposits repaid(net)||**89**|564| |Depreciation: Furniture etc||**2,295**|1,443| |Depreciation: CommunityCentre||**27,110**|27,110| |||**52,898**|55,760| |Excess of expenditure over income||**(7,839)**|30,845| |Revaluation of investment||**4**|5| |Transfer to General Fund||**(28,000)**|(28,000)| |Transfer to General Fund o/a fabric work||**-**|(25,000)| |Openingbalance||**250,647**|272,797| |||**214,812**|250,647| |Represented by:-|||| |Fixed assets: CommunityCentre||**165,965**|193,075| |Fixed assets: furniture etc||**5,988**|4,023| |Current assets:|||| |Bank balance||**26,810**|33,970| |Cash in hand||**24**|24| |CBF deposit accounts||**17,017**|15,955| |268 Charibond units||**336**|332| |Creditors and deferred income||**(1,334)**|(2,298)| |Debtors||**6**|5,566| |||**214,812**|250,647| 31 ## ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES ## **Income and expenditure accounts for the year ended 31 December 2020** |||**2020**|2019| |---|---|---|---| |||**£**|£| |**Flower Fund**|||| |**Income**|||| |Donations||**262**|968| |Interest receivable||**5**|7| |Income tax recovered||**195**|184| |||**462**|1,159| |**Expenditure**|||| |Flowers and accessories||**304**|893| |||**304**|893| |Excess of income over expenditure||**158**|266| |Openingbalance||**2,167**|1,901| |||**2,325**|2,167| |**Represented by:-**|||| |Cash in hand||**70**|112| |Current account at National Westminster Bank||**557**|1,057| |Central Board of Finance of the Church of|||| |England deposit account||**1,698**|998| |||**2,325**|2,167| 32