THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LEONARD'S EYNSHAM ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
INDEX
l Administrative Information 2 -5 Report of Trustees 6. Report of the Independent Examiner 7. Statement of FinanciaIActivities 8. Balance Sheet 9 - 16 Notes to the FinancialStatement
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LEONARD'S EYNSHAM
ADMINISTRATIVE INFORMATION FOR TH£ YEAR ENDED 31 DECEMBER 2021
REGISTERED CHARITY NUMBER: ].165586
Ex Officia Members focumbent: The Reverend Duncan F Mr Simon Cook Mrs Ruth Lockwood Elected Members: Mrs Catherine Atherstone {co-opted 6 September 20211 Mr Andrew Greenwood Mrs. Susan Greenwood Mr. Kenneth Johnston Mr Peter Lockwood Miss NaomiMcCobb (appointed 4 July 2021 Mrs Penny Marks Mr. Nicholas Page(appointed 4 July 20211 Mrs Margaret Thornton Mr. James Webster {appointed 4 July 202 1l Deanery Synod Members: Mr Oliver Shaw Mr. Michael winfield Dr. Elaine Sugden Mr. Roy Wastie Ex Officio Members Mr Roger Aston Revere nd Dr Andrew Atherstone Office Address 21 High Street Eynsham Witney Orca. 0X29 4HE !dependent Exit JenniferClarke 22 FalstaffClase Eynsham, Merseyside. L30 4GB axon. OX29 4QA
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LEONARD'S EYNSHAM
REPORT OF THE TRUSTEES FOR TH£ YEAR ENDED 31 DECEMBER 2021
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issued by the Chuircered with the Charity Commissioners and is an excepted Charity using an approved governing document
Structure, governance and management
Chuhe Paroch ial Church Council is a corporate body establd hed by the Church of England. The PCC operates under the Parochial
rlcliid -- '--:«ers.a.re responsible for making decisions on all matters of general concern and importance to the parish the PCC nlg un now tne !unis ot the PCC are to be spent. New members receive initial training into the workings of
Statement of Trustees Responsibilities
andThe Trusteesjare responsible for pceparmg the Annual i.active. nd the financial statements in accordance with applicable law
=n'£=:',£;£=:1==::=n::=:
Select suitable accounting policies and then apply them consistently;
Make Judgements and estimates that are reasonable and prudent '' ::l:=::n =::3':£:;=::==m::l:S::=Tm}.::mU£:::::;'".«. '.." . ..«.-,'. Prepare the Financia! Statements on the going concern basis unless it is inappropriate to presume that the Church
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LEONARD'S EYNSHAM
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 (CONTINUED)
Risk Management
Tbe Trustees have considered the risks affecting the Charity and consider that the only risk of significance relates to Health and Safety of individuals within the Church and in regard to the building. All identified risks connected with the Church and Church Hail buildings have been insured against and a Safeguarding Policy has been implemented and reviewed annually in connection with Health and Safety issues that arise
Aim and purposes
St. Leonard's Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent n promoting in the ecclesiastical parish. the whole mission of the Church, pastoral, evangelistic, social and ecumenica!.
The PCC is also specifically responsible for the maintenance of St. Leonard's Church. The Square, Eynsham and St. Leonard's Church Hall, Thames Street, Eynsham.
Objectives and Activities
The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at St. Leonard's. The PCC maintains an overview of worship throughout the parish and makes suggestions cn how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament
When planning our activities for the year, the incumbent and the PCC have considered the Commission's guidance on public benefit and. in particular. the supplementary guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through
Worship and prayer; learning about the Gospel; and developing their knowledge and trust in Jesus
Provision af pastoral care far people living in the parish
Missionary and outreach work
Ta facilitate this wori<, #t is important that we maintain the fabric of the Church of St. Leonard's and the Church Hall
Public Benefit
The trustees have had due regard to the Charities Commission Public Benefit General Guidance in the way the work of the Charity is planned and provided. The benefit the charity provides ta the public is to provide regular public worship open to al: and to provide a sacred space for personal prayer and contemplation, and promoting the whole mission of the Church through provision of activities far senior citizens, parents and toddlers and other special needs groups
Achievements and performance
Worship and Prayer
The PCC are keen to offer a range of services during the week and over the course of the year that our community find both beneficial and spiritually fulfilling. These include 9.00 a.m. where a more traditional Communion Service takes place each week and l0.30 a.m. where a more informal, but still structured, variety of services takes p:ace. including Communion. Morning Worship and Afl in Services. These are supplemented by occasional evening services with Taize Worship, or Youth services
Music is also provided in a variety of forms, using both organ and piano and from a number of different Music Groups who lead the services, using both traditional Hymns and more modern songs
Specia! services are also held for Remembrance Sunday, Memorial Service far the families of the Bereaved, as wef t as Christingle and a number of Carol Services at Christmas for different sections of the community.
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LEONARD'S EYNSHAM
REPORT OF THE TRUSTEES FOR THE YEAR ENOE0 31. OECEMBER 2021 {CONTINUED)
During this year, the availability of services within the Church building continued to be severely affected by the restrictions arising from Covid-19 applying to Church buildings. Most services have been held online, with participation being by Zoom and You Tube, although regular church services have also been held when allowed under the Government regulations
All are welcome to attend our regular services. At October 2021 there were 151 parishioners on the Church Electors! Roll 27 of whom are nat resident within the parish. ! name was added during the year and I was removed through death. The average weekly adult attendance counted during October 2021, was 85 excluding those watching on line but this number ncreased at festivals. There is also an average of 13 children and young people attending
As well as our regular services, we enable our community to celebrate and thor\k God at the milestones of the journey through fife. Through Baptism we thank God for the gift of life. in marriage public vows are exchanged with God's blessing and through funeral services friends and family express th©ir grief and give thanks for the life which is now complete in this world and to commend the person into God's keeping. We have celebrated O Baptists, 3 Weddings and held 13 funerals in our church this year.
Deanery Syr30d
members of the PCC s;t on the Deanery Synod. This provides the PCC with an important fink between the parish and the wider structures af the church at both Deanery and Diocesan level. Further discussions have been held at Deanery level about the Diocesan Share Scheme, and a guest speaker from the Diocese of Oxford and our own Youth Worker were invited to speak at Synod Meetings during the year
TheChurch Buildings
We would like our church to be open to our community for private prayer but Covid-19 restrictions have limited our ability to leave the church open at all times for private worship
ongoing need for repairs in both the Church and Church Halt has been recognised and regular provision is now being blade from general income towards known repair costs that will be required to both buildings, and priorities are currently beirlg established
During the week the hall is normally used by our mothers and toddlers on Monday morning and a good number of children and their carers, mothers, fathers and other carers, have been regular attendees at this group. However, for most of 2021. because of Covid restrictions, the Haf! was not available to be used
A group for.Mothers-to-be and young Mothers also runs in the Church on Monday mornings, but again this was not possible whilst Covid restrictions were in place
PastaralCare
Some members of our parish are unable to attend church due to sickness or age. Reverend Duncan Fraser and Reverend John Underwood have visited atl church members who have requested it, to celebrate communion with them either at their homes or in hospital
IUission and Evangelism
Helping those in need is a demonstration of our faith. The PCC has continued to give away 10% of the regular unrestricted giving from church members to a variety of Mission activities as detailed in the accounts and has also raised awareness of Mission by focusing on a particular Mission Agency each month throughout the year. Weekly Fellowship Groups also provide a means of building up the faith of those within the regular congregation
Ecumenical Relationships
The 3 churches in Eynsham (Anglican, Baptist and Catholic) have continued to work together during the year and a joint outdoor service is held on Good Friday each year when Covid regulations permit. Leaflets showing service times at all 3 churches are distributed and otherloint events, such as One World Week. and a summer Holiday Club week, are planned by the churches working together
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LEONARD'S EYNSHAM
REPORT OF THE TRUSTEES FOR TH€ YEAR ENOE0 31 0£CEMB£R 2021 (CONTINUEO)
Financial Review
Total receiprs on unrestricted funds were £155,685 and on restricted funds were £.t7.443. Total committed giving decreased
Total payments on unrestricted funds were £145.923 and on restricted funds were £15,842 as detailed in the Financia Statements. This represented a net increase of £9.762 on unrestricted funds and a net increase of £i,6al on restricted funds n the year. before a transfer af £2S,828 from restricted funds to unrestricted funds for land development costs
:.;:H:ll specific projects H l;BLEU lli:l!: :i:l: E:E E:i :
restricted folds at 31 Decemicer 2fundsecrr ahe year was an excess of expenditure over income of £24,227 and the total
Reserves policy
It is PCC policy to try ta maintain a balance on unrestricted funds which equates to at least three months unrestricted payments, equivalent to £36,481, to cover emergency situations that may arise from time to time. There was a shortfall of £20,401 held on unrestricted funds, after designations, at the year-erld an meeting this target. " '
fl December 2021. esignated towards specific Church Building Repairs and £65,000 towards specific Halt Building Repairs at
Volunteers
We would like to thank all the volunteers who work so hard to make ouf church the lively and vibrant community it is. In particular we want to mention our churchwardens Mr Simon Cook. and Mrs Ruth Lockwood who have worked so tirelessly on our behalf, and Mrs. Louise Parker for her great work in the Church Office, plus a:f the members of the PCC fof their valuable contribution to our ministry and for keeping the church running
Plans for future Periods
The aim is torc.ontinue and expand the current programme of work being carried out and to expand the Families and
Independent Examiner
Jennifer Clarke agreed to continue as Independent Examiner for the Charity during the year.
Thk repornhas been preparedtne Trustees on t \ theljtatemerlt of Recommended Practice Accounting and Repafting by
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ON BEHALF OF TKEpitdgtEES
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST, LEONARD'S EYNSHAM
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES AND MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PAR:SH OF ST. LEONARD'S CHURCH EYNSHAM (THE PCC)
report cn the financial statements of St. Leonard's Church Eynsham for the year ended 3]. December 2021 which are set out on pages 7 to !6
Respective responsibilities of trustees and examiner
As Trustees, the PCC's members are responsible for the preparation of the financial statements. The PCC's members consider that afl audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an ndependent examination is needed
It is my responsibility to
Examine the financial statements under section 14S of the 2011 Act.
- of the 2011 Act and id down in the General Directions given by the Charity Commission under section 145lS)(b) State whether partictitaf matters have come to my attention.
Basis of Independent Examiners Report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination ncludes a review af the accounting records kept by the PCC and a comparison af the financial statements presented with those records. It also includes consideration of any unusua! items or disclosures in the financial statements, and seeking explanations from the PCC's members concerning any such matters. The procedures undertaken da not provide a#l the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a 'true and fair view' and the report: is limited to those matters set ovt ir} the statement below
Independent Examiners Statement
n accordance with my examination. no matter has come to my attention
l Which gives me reasonable cause to believe that. in any material respect {he requirements= To keep accounting records in accordance with section 130 of the 2011 Act and
-
To prepare accounts which accord with the accounting records and comply with the accounting equirements of the 2011 Act have not been met OR
-
2 Ta which. in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached
c (. Jennifer Clarke A C A
22 FalstaffClose
i5 h-\ u '--
Eynsham, OX29 4QA
PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, EYNSHAM
STATEMENT OF FINAN COAL ACTIVITIES FOR THE YEAR ENDING 31 DECEMBER 2021
| Unrestricted | Restricted | TotaIFunds | TotaIFunds | ||
|---|---|---|---|---|---|
| Funds | Funds | 2021 | 2020 | ||
| Notes | £ | £ | £ | £ | |
| INCOMINGRESOURCES | |||||
| 2a | in come eom donors |
144.093 | 13.]09 | 157.202 | 170.080 |
| 2b | Young people's woM |
10 | 3.865 | 3,875 | 3.575 |
| 2c | Other voluntary income |
220 | 200 | 420 | 393 |
| 2d | :ncome &om charitable and ancillary trading |
567 | 567 | 2.227 | |
| 2e | Income from fees ch.urged for services etc. |
7,466 | 7.466 | 7.225 | |
| 2f 2g |
Cassington Church Income from investments |
3.000 329 |
269 | 3,000 598 |
2.500 1.198 |
| TOTALINCOMING RESOURCES |
}55,685 | 17.443 | +73,128 | T87,198 | |
| RESOURCESEXPENDED | |||||
| 3a | Grants | 15.730 | 4.170 | 19.900 | 20.900 |
| 3b | Activi$es relating directly to work of church | 9a.366 | 3.980 | 94,346 | 94.521 |
| 3c | Young people's work | 21.971 | 3.092 | 25.063 | 27.646 |
| 3d | Church management and administration | 17.595 | 263 | 17,858 | 21.087 |
| 3e | Majorbuilding costs | 181 | 4.337 | 4.518 | |
| 3f | Fundraising expenses | 80 | 80 | ||
| TOTAL RESOU RCES EXPENDED | j45.923 | 15.842 | 161.765 | 164,154 | |
| NETINCOME(EXPENO1TURE) | 9.762 | 1,601 | 11.363 | 23.044 | |
| Transfers between funds | 25.828 | l25.828) | |||
| 6 | Unrealized gain on investment | 1.393 | f,393 | 626 | |
| NETMOVEMENTOFFUNDS | 36,983 | (24,227) | 12,756 | 23.670 | |
| BALANCES BROUGHT FORWARD AT | |||||
| IJANUARY2021 | 576,212 | 38.902 | 615,114 | 591.444 | |
| BALANCES CARRIED FOn\MRD AT | |||||
| 31 DECEMBER2021 | .g.!g.;..l9s | 'i4,675 | 627,870 | 6'15,114 |
The notes on pages 9 ta 1 6 form part of these $nanciai statements
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PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, EYNSHAM
BALANCE SHEET AT 31 DECEMBER 2021
| Notes | Notes | £ | 2021 £ |
2020 £ |
|---|---|---|---|---|
| FRED ASSETS | ||||
| 5 6 |
Tangiblefixed assets !nvestment assets |
416,562 11,132 |
390,734 9.739 |
|
| 427.694 | 400.473 | |||
| CURRENTASSETS | ||||
| 9 | Debtors and prepayments Cash at Central Board of Finance |
9,565 145,606 |
14,209 145,530 |
|
| Cash at bank - deposit accounts | 30,349 | 26.347 | ||
| Cash at bank - current accounts Cash in hand |
21.467 | 36,895 | ||
| 206.987 | 222.981 | |||
| LKBILtTIES . AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 10 | Creditors and accruals | 6,811 | 8,340 | |
| 6.81$ | 8.340 | |||
| NETCURRENTA$SETS | 200,176 | 214,641 | ||
| NETASSETS | 627.870 | 615.114 | ||
| FUNDS | ||||
| U nrestricted | ||||
| General - Free Reserve | 16.080 | 16,339 | ||
| 5&6 f7 |
General - Fixed & InvestmentAssets Designated |
427,694 169,42{ |
400,473 159,400 |
|
| 1 7 | Restricted | 14,675 | 38,902 | |
| 627.870 | 615.114 | |||
| The notes on pages 9 to 1 6 {brm part of these financial statements |
aved by the Parochial Church Cauncii on is lion ua'x and signed an its behalf by Chairman
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LEONARD'S EYNSHAM
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
Accounting Policies
{a) Accounting convention
The PCC is a public benefit entity within the meaning of FRS 102
The Financial Statements have been prepared under the Charities Act 201], and in accordance with the Church Accounting Regulations 2006 governing the individual Accounts of PCC's and with the Regulations 'true and fair view' provisions together with FRS 102 (2016) as the applicable accounting standard and the Statement of Recommended Practice 'Accounting and Reporting by Charities' {SORP) {FRS 102} (second edition October
The PCC has taken advantage of the reduced disclosure exemption permitted under Section 7 of FRS 102 in not producing a Statement of Cash Flows
The financia! statements have been prepared under the historical cost convention. They include all transactions, assets and !iabiiities 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 informalgatherings af church members
jb) Fund Accounting
Unrestricted (General) funds represent the income funds of the PCC that are riot subject to any restrictions regarding their use and are available for spending on the general purposes of the PCC
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular pu.rposes n the future, and which are therefore not included in its 'free reserves' as disclosed in the Trustees Report
Restricted funds represent donations received far a specific object or purpose. The funds may only be expended on the specific object or purpose for which they were given. Any balance remaining unspent at the end of each year will be carried forward as a balance on that fund
- [c) incoming Resources
Voluntary income
Collections are recognised when received by or on behalf of the PCC
Income from dollars is recognised only when received
ncome tax recoverable on gift aid donations and the Gift Aid Small Dortat;ons Scheme (GASDS) is recognised when the income to which they relate is received and if documentation is in place to support the appropriate claim, or when gift aid declarations are received, if later
Legacies to the PCC are accounted fot as soon as the PCC is notified of the legal entitlement, t:he amount due. and when it is reasonably certain that the amount will be received
Other ordinary income
Rental income from l:he letting of church premises is recognised when the rental is due
Income from investments
Interest is accounted for when receivable
Alt incoming resources are accounted for gross
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LEONARD'S EYNSHAM
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
- (d) Resources Expended
Grants and donations are accounted for when paid over or when awarded, if the award creates a binding obligation on the PCC
The diocesan quota. ar parish share, is accounted fo{ when paid
Al} other expenditure is genera:ly recognised when it is incurred and is accounted for gross.
Liabilities are recognised as soon as there is a lego! or constructive obligation. and settlement is probable and quantifiable
(e) Irrecoverabfe VAT
The Charity is not registered far VAT and hence is unable to recover VAT an expenditure incu 'ed, which is shown gross in the Financial Statements
If) Taxation
The Charity is exempt from Corporation Tax or} its charitable activities
Fixed Assets
Consecrated land and building and movable church furnishings and equipment
Consecrated and benefited property is excluded from the accounts in accordance with S:lO (2) (a) and {c) of the Charities Act 2011
No value is placed on movable church ftJrnishings and equipment held by the Church Wardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings and equipment, whether maintenance or improvement. is written off as expenditure in the SOFA and separately disclosed
Other fixed assets
Furnishings and equipment used elsewhere within the church premises were written off when the asset was acquired. except that individualitems cost;ng in excess of £5,000 are capitalised and written off over their expected useful lives, providing they can be used for more than one year
Investments are valued at market va:ue at 31 December
freehold Properties
These have been included at their cost. No depreciation has been provided for on buildings, as the currently estimated residual value of the properties is not less than their carrying value and the remaining usefui#ife of these assets currently exceeds 50 years so that any depreciation charge would be immaterial. An impairment review is carried out at each year end and any resultant loss identified included in expenditure for the year. The properties are held by the Oxford Diocesan Church Trust. as custodian trustees on behalf of the PCC.
PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, EYNSHAM
NOTE S TO THE FINAN DIAL STATE MENTS FORTHE YEAR ENDED 31DECEMBER 2021
| Unrestricted | Restricted | TotaIFunds | TotaIFunds | ||
|---|---|---|---|---|---|
| Funds | Funds | 2021 | 2020 | ||
| Note: | £ | £ | £ | £ | |
| 2.INCOM:NGRESOURCES | |||||
| 2(a) | Income from donors | ||||
| Stewardship giving | 115,442 | 115.442 | 121,446 | ||
| Income tax recoverable | 26,248 | 26.248 | 26.565 | ||
| Collectionsatailservices | 1,403 | 1,403 | $,080 | ||
| Specialco1lections | |||||
| Giving for Children & Families Worker | 3.980 | 3,980 | 5,686 | ||
| Giving for he Murrells (Bible translation) | .950 | 1,950 | 1.950 | ||
| Giving for the Vargases (Bolivia) | 225 | 225 | 225 | ||
| Giving for Christians Against Poverty | 1,995 | 1,995 | 1.995 | ||
| Giving for land purchase and development | 622 | 622 | 11.133 | ||
| Giving for building maintenance & fehrbish ment | |||||
| Other specific giving | 4,337 | 4,337 | |||
| Legacies | I,ooo | I,ooo | |||
| t44.093 | t3.109 | 157.202 | 170.080 | ||
| 2(b) | Young peoples work | ||||
| Giving for Youth Worker | 3.044 | 3.044 | 3.100 | ||
| Holiday Club subscriptions and fundraising | B21 | 821 | 250 | ||
| Sundry subscriptions and fundraising | 0 | 1 0 | 225 | ||
| 3.865 | 3.875 | 3.575 | |||
| 2(c) | Other voluntary income | ||||
| Carnival | |||||
| Otherdonations | 220 | 200 | 420 | 393 | |
| 220 | 420 | 393 | |||
| 2(d) | Income from charitable and ancillary trading | ||||
| 5 | Church Hall lettings Church lettings |
567 | 567 | 2,042 185 |
|
| 567 | 567 | 2.227 | |||
| 2(e) | Income from fees charged for service: | ||||
| For Churchyard | 4.485 | 4.485 | 5,305 | ||
| For St Leonard's | 2.981 | 2.98 ] | 1,920 | ||
| 7.466 | 7.466 | 7,225 | |||
| 2(f) | Cassington Church | ||||
| Contribution towards share ofjoint expenses | 3.000 | 3.00a | 2.500 | ||
| 2(g) | !ncome from investments | ||||
| From endowment funds for Churchyard | 235 | 235 | 227 | ||
| Bankinterest | 329 | 34 | 363 | 971 | |
| 329 | 269 | 598 | 1.198 | ||
| TOTALINCOMtNGRESOURCES | 155.685 | 17*443 | 173.128 | 187.198 |
PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, EYNSHAM
NOTES TQ THE FINAN CIAL STA'CEMENTS FOR THE YEAR ENDED 31 DECEMB ER 2021
| Unrestricted | Restricted | TotaIFunds | TotaIFunds | |||
|---|---|---|---|---|---|---|
| Futtds | Funds | 2021 | 2020 | |||
| £ | £ | £ | £ | |||
| 3.RESOURCESEXPENDED | ||||||
| 3la) Grants | ||||||
| Missionary and charitable giving | ||||||
| 12 | Special collections |
|||||
| 13 | Mission giving |
15.730 | 19,900 | 20.900 | ||
| 15.730 | 4.1 70 | :9.900 | 20.900 | |||
| 3(b) Activities directly relating to the work of the church | ||||||
| Ministry Parish share |
65.736 | 65.736 | 65,679 | |||
| Clergy expenses Children & families work |
495 | 495 | 484 | |||
| Chi:dred & Families Worker | 3.605 | 3.9B0 | !2.585 | 12,346 | ||
| Expenses Church |
322 | 822 | 806 | |||
| Heating & lighting Insurance |
2.937 | 2.937 2.808 |
2.743 2.761 |
|||
| Repairs & renewals | 3.$ 5g | 3.159 | 3.970 | |||
| Service upkeep | 1.890 | 1.890 | 1,890 | |||
| Cleaning | 74 | r4 | ||||
| Worship resources | 499 | 1.499 | .347 | |||
| Refreshments | 92 | 92 | ||||
| 15 | Church Hall running costs Flowers in Church |
2.08C 69 |
69 | 2,495 | ||
| 90.366 | 3.980 | 94.346 | 94.521 | |||
| 3(c) Young peoples work Youth Worker |
1 6.01 3 | 3.044 | 19.057 | 23.291 | ||
| Youth Worker expenses Office Hire Soul Survivor & Weekend Away(net surplus) Holiday Club |
3.1 fO 2.533 |
4B |
3 110 2.533 48 |
1,674 2.548 (690) 312 |
||
| bundy items | 315 | 315 | 511 | |||
| 21.971 | 3.092 | 25.063 | 27.646 | |||
| 3(d) Church management & administration | ||||||
| Secretarial expenses Hire of Church Office |
1 1.443 2,900 |
11.443 2.900 |
13,610 2.912 |
|||
| Stewardship expenses | ||||||
| Outreach | 157 | 15 | r2 | 406 | ||
| Postage, printing & stationery | 586 | 586 | 928 | |||
| Other office expenses | 2.259 | 2.259 | 2,261 | |||
| Churchyard maintenance | 248 | 248 | 671 | |||
| bundy expenses | 250 | 250 | 299 | |||
| 17.595 | 263 | 17,858 | 21.087 | |||
| 6 | 3(e) Major building costs | |||||
| Church | {81 | 4,337 | 4,518 | |||
| Church Hall | ||||||
| 181 | 4.337 | 4,518 | ||||
| 3(f) Fundraising expenses | 80 | 80 | ||||
| TOTAL RESOU REES EXPENDED | 145.923 | 15.842 | 61.765 | 164.154 |
PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, EYNSHAM
NOTES TO THE FINANCIAL STATEMENTS FOR THEYEARENDED31DECEMBER2021
4 STAFF COSTS
The Vicar's stipend is nat paid through the church payroll but is paid direct by the Church Commisioners. The PCC employs a part-time parish administrative secretary, three part-time youth workers, a part-time children and families worker and a cleaner for the church hall. None earned more than £60,000 during the year.
5 FIXED ASSETS FOR USE BY THE PCC
| 2021 | 2020 | |
|---|---|---|
| Freeholdlandand buildings | £ | £ |
| Church Hall purchased }n 1 979 - at cost | 15,352 | 15,352 |
| Land for development purchased in 2C1 7 - at cost | 401.210 | 375.382 |
| 416.562 | 390.734 |
No depreciation has been provided as the current estimated residual value of he properties is not less than their carrying value and the remaining useful !ife of these assets current:y exceeds 50 years so that any depreciation charge would not be material. An impairment review is carried out at each year end and any resultant foss identified ncluded in expenditure for the year
Other
Office furniture and equipment is not capitalised unless the initial value exceeds £5,000
6 !NVESTMENTASSETS
Central Board of Finance income shares originally purchased with the proceeds of legacies amounting to £5,750 At31 December2021, 475.38 shares were va:ued atfl1,132. The income arising is available to supportspecific projects benefitting the youth of the village. Dividends are paid it?to the general account
ENDOWMENT FUNDS
Income is received from the Churchyard Trust Fund and Eynsham Hoskyns Bequest. These funds are for the upkeep of the Churchyard, previously the responsibility of Eynsham Parish Council, but now managed by the PCC The Churchyard Trust Fund is invested in 1 72 Central Board of Finance shares valued at £4,027 at the year end The Eynsham Hoskyns Bequest is invested in 224 Central Board of Finance shares valued at £5.245 lithe year end.
8 INCOME TAX RECOVERABLE ON GIFTAID DONATIONS
Fuilaccount has been taken at 31 December 2021 of the amount of income t8x {Jnclaimed on gift aid donations received at that date but nct yet claimed
| 2021 | 2020 | ||
|---|---|---|---|
| 9 | DEBTORSANDPREPAYMENTS | £ | £ |
| Gift Aid tax recoverable | 2,919 | 6,355 | |
| Accrued income | 124 | 2,330 | |
| Prepaid expenses | 4.929 | 4,287 | |
| Other debtors | 1,593 | 1,237 | |
| 9.565 | 14.209 | ||
| IOCREDITORSANDACCRUALS | £ | £ | |
| Accounts payable | 2,570 | 2,347 | |
| Income tax & NE payable | 2,024 | ||
| Accrued expenses | 960 | 281 | |
| Income not yet expended | 3,281 | 3,691 | |
| 6,811 | 8,340 |
14 PAROCHIAL CHURCH COUNCIL OF ST LEONARDE, EYNSHAM P40TES TOTHE FhYAIICLIL STATEIAENTS POR THE YEAR ENDED 31 DECEM8ER 2021 1 I GENERAL NOTE TO REsTrTED AND DEsNATED FUNDS Separate CBF aGcwrtts art held brchurth Building Repair and Ffall Re$tiOn, and inteTestlorY)?18tter is credited to the Hall Fund. 2021 2020 12 SPECiIL ¢OLLECI]ONS Theré Were no wtclal ¢olleth0Tr5during the year {2020_£nill UmtrICI1 R•Btrkt•d 13 MISSI&Y GIVWG AdvenDJre Plus Christians AgainslPoverty Oxford PovertyAcUon Tw5t Murrells Vargase5 Q)en Ooors TearFund 1.750 405 1.750 5.550 2.715 1.7 1.750 f.7SO 2.400 1.750 7.500 3.000 1.750 1.750 2,000 2.400 2,000 7,500 J.000 2.000 2,000 1.995 1,950 225 15.730 4.1TO 19.900 20,900 14 CMURCH REPAIRS He8till9 System RoofaLgnr Sundry rnaintenan¢e 2.123 579 457 2,123 579 457 905 3.065 3,159 3.159 3,970 15 CHURCH HALLRUNNTrIGCOSTS kn5ur¥n¢e Ecknty & gas Cleaning Repairs 8 maintenance Total costs h¢ome fTOtn leWngs and grants 351 723 462 544 Z.080 567 351 723 462 544 2.080 567 312 905 793 485 2.495 2.042 Net Gosts 1453 16 IAAJCWI BUILDING COSTS T¢thl CIMrch Audia-wsual vpgrade fwstrt8rrMng Oraln2ge 4,337 4,337 181 181 iai 4.337 4,518
PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, EYNSHAM
N OTES TO THE FINANCIAL STATEMENTS FORTHEYEARENDED31 DECEMBER2021
17 SUMMARYOFFUNDMOVEMENTS
| SUMMARYOFFUNDMOVEMENTS | ||||||
|---|---|---|---|---|---|---|
| At | Incoming | Resources | Investment | Fund | At | |
| 01.Jan-21 | resources | expended | gains | transfers | 31-Dec-2't | |
| £ | £ | £ | £ | £ | £ | |
| Unrestricted generalreserves | UU.0 10 | 441.r/4 | ||||
| U nrestricted designated funds | ||||||
| Building repairs | 54.893 | 6.C00 | 60.893 | |||
| Hall repairs | 65.00a | 65.C00 | ||||
| Youngpeople | 8.682 | 8.094 | ||||
| Holiday Club Legacyforyouth projects |
343 3.602 |
282 | 343 3.884 |
|||
| Churchyard | 23.520 | 4.485 | 28.005 | |||
| Outreach Vicar's discretionaW |
1.428 t.932 |
(158) | i.27a }.932 |
|||
| 159.400 | 4 767 | 746 | 6.00a | 169.421 | ||
| Restfictedfunds | ||||||
| Hall Restoration Land development Christians Against Poxrerty Children and Families Worker Holiday Club |
14.287 23,004 1.534 |
34 622 t.995 3.980 B21 |
l1,90s) (3.980) |
(2.202) r23.626) |
12.1 1 9 2.307 |
|
| Youth work | 3.044 | (3.044) | ||||
| Overseas giving Building repairs |
2.1 75 4.337 |
r2175) (4.337) |
||||
| Outreach Churchyard |
15 62 |
435 | r1 5) (248) |
249 | ||
| 38.902 | I r.443 | T5.842 | 25,828 | 14.675 | ||
| TOTALALLFUNDS | 61 5.1 14 | {73.128 | (161.765) | 1.393 | 627.870 |
PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, EYNSHAM
NOTESTOTHEFINANCIALSTATEMENTS
FOR THE YEAR ENDED 3+ DECEMBER 2Q21
17 SUMMARY OF FUND MOVEMENTS (CONTINUED)
| At | incoming | ResouHes Investment | ResouHes Investment | Fund | At | |
|---|---|---|---|---|---|---|
| 01-Jan-20 | resouFC8sexpended gains | tnnsfers | 31-Dec-20 £ |
|||
| Unrestricted generafreserves | + la,P IZ |
|||||
| Unrestricteddesignatedfunds | ||||||
| Building repairs | 49.894 | 4.999 | 54.893 | |||
| Hallrepairs | 61.9a6 | 3 094 | 65.000 | |||
| Young people Holiday Club |
6.945 834 |
4.508 | (3.877) | [8.894) C491) |
8 682 343 |
|
| Legacy for your projects | 3.057 | 273 | 272 | 3.602 | ||
| Churchyard Outreach |
15.476 1.428 |
5.305 | 2.739 | 23.52e 1.428 |
||
| Vicar's discretionary | 2.329 | r397} | 1.932 | |||
| T51.869 | TO.086 | 3.877} | 1,322 | ls0.400 | ||
| Restricted funds | ||||||
| Hall Restoration | 14.013 | 274 | 14.287 | |||
| Land development Christians Against Poverty Children and Families Worker |
2a.793 906 |
11.1 33 1.995 5.686 |
(].995) (6,592) |
(8.922) | 23.004 | |
| Holiday Club Your work Oversea s giving Special collections and sundry |
1.596 | 250 3.100 2.175 |
(312\ (3.1 00) (2.1 75) |
1 534 | ||
| Outreach Churchyard |
419 306 |
427 | (406) (6 7 1) |
2 | 15 62 |
|
| 38.033 | 25.040 | f5.251} | 8.920) | 38.902 | ||
| TOTALALLFUNDS | 591.444 | 187.198 | (164.154) | 626 | 61 5.1 14 |
1 8 ALLOCATIONS TO DESIGNATED FUNDS
The PCC has allocated £16,000 of free reserves generated for the year to the following designated funds
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| £ | £ | |||||
| Church Building Repair Fund - for major fabric maintenance | 6,000 | 5,000 | ||||
| Church Hall Repair Fund - for majat fabric maintenance | 3.094 | |||||
| 6.000 | 8.094 | |||||
| 19 | SUMMARYOFASSETSBYFUND | |||||
| U ntestri | Restricted | Total | Total | |||
| fund: | funds | 202't | 2Q20 | |||
| £ | £ | £ | £ | |||
| Tangible fixed asset | 416,562 | - | 416,562 | 390,734 | ||
| Investment fixed assets Current assets |
11.132 - 192.31214.675 |
11.132 206,987 |
9,739 222.981 |
|||
| Liabilities - falling due in one yeah | (6,811) | - | (6,811) | (8.340} | ||
| 613.195 | 14,675 | 627.870 | 615.114 |
20 RELATED PARTIES
Donations received from Trustees (i.e. members of the PCC} and related persons during the year amounted to £29,498 (unrestricted) and £4.740 {restricted)