OpenCharities

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

2020-12-31-accounts

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD (Charity Registration No. 1169955)

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2020

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD

(Charity Registration No. 1169955)

ANNUAL REPORT AND FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2020

CONTENTS

Page 1

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD

(Charity Registration No. 1169955)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2020

REFERENCE AND ADMINISTRATIVE DETAILS

Meadgate Church is part of the benefice of St Mary the Virgin Great Baddow, Chelmsford and became a separate parish on 1 January 2016, obtaining charity registration on 31 October 2016. It is part of the Diocese of Chelmsford within the Church of England.

Charity Number: 1169955
Principal Office: The Orchards
Meadgate Centre
Chelmsford
Essex
CM2 7NS
Independent Examiner Claire Bullen
Alexandra Anthony Limited
47 Church Street
Great Baddow
Chelmsford
CM2 7JA
Bankers Barclays Bank PLC Metro Bank PLC
1 Churchill Place 1 Southampton Row
London London
E14 5HP WC1B 5HA
PCC members who have served during 2020 are:
Team Vicar Rev. Canon Timothy Ball (Chairman)
Elected Members Malcolm Burrell (Treasurer) David Pearce (to 07-10-2020)
Rosalind Coleridge (Church Warden) Luke Ridgwell (from 07-10-2020)
Natacha Dudley Stephanie Ridgwell (to 07-10-2020)
Denise Hom (from 07-10-2020, Church Amanda Robinson (to 07-10-2020)
Warden)
Claire Iveson Richard Robinson
John Kennett Jason Smart (from 07-10-2020)
Duncan McKenzie Jill Smith-Hughes
Elizabeth Minnican Locardia Takawira (Assistant Warden)
Charlotte Parsons

STRUCTURE, GOVERNANCE AND MANAGEMENT

The church is governed by the Parochial Church Council Powers Measure (1956) as amended and by church representation rules. The church is a charity, registered with the Charity Commission.

The method of appointment of PCC members is set out in Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.

Page 2

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD

(Charity Registration No. 1169955)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2020

OBJECTIVES AND ACTIVITIES

Meadgate Church PCC has the responsibility of co-operating with the incumbent, the Rev. Timothy Ball, in promoting in the ecclesiastical parish the whole mission of the church, pastoral, evangelistic, social and ecumenical. It also has the maintenance responsibilities for the Church centre complexes at the Parade and the Orchards.

Background information

Meadgate Church was established as a daughter church to St Mary the Virgin, Great Baddow, in 1963 to serve the needs of the Meadgate district which comprises a mix of former council housing now run by Chelmer Housing Partnership, and a number of privately owned dwellings. The church started in the home of one of the founder members and quickly grew, such that a church was built as part of the Meadgate Parade. Following various extensions as the church grew an opportunity to take over the site of the former Meadgate Junior School was taken advantage of and in July 2014 the Church took a three year lease from Essex County Council on the site now known as The Orchards, where as well as running two of the three Sunday services we have opened a cafe with under 5s soft play area which is open 5 days a week in school terms, as well as making the rooms available for other agencies serving the needs of the Meadgate Community. The lease was extended in 2017 allowing for discussions and agreement in principal for the purchase of the site, which completed on 16 September 2020.

Mission statement

Aiming to be like Jesus. Intentionally, invitationally, inspirationally.

ACHIEVEMENTS, PERFORMANCE AND BACKGROUND INFORMATION

Church attendance

There are 105 people registered on the Electoral Roll (2019: 108). Approximately 80 adults and 12 children attend the services each Sunday.

Review of church council and church meeting business during the year.

The PCC meets approximately every quarter with additional sub-committee meetings for mission, buildings and finance held when needed. Copies of the minutes are available to all church members on request after they have been signed and agreed by the PCC. Meetings continued as planned during the year, and were largely conducted virtually from March onwards.

FINANCIAL REVIEW

Meadgate Church has once again witnessed the blessings and provision of God in this exceptional year, one in which we purchased The Orchards but were significantly impacted by the COVID-19 pandemic.

We started the year with a budgeted deficit for the General Fund of £4,402 and the outcome was break-even. However, this break-even position was only achieved by using some of the 2018 and 2019 creditor write-back amounts which were released as a result of the purchase of The Orchards (see notes 25 and 45), and which otherwise would have been used to pay off part of the loan taken out to facilitate the purchase of The Orchards. The pandemic significantly reduced both our rental income and Cafe income, and without the creditor write-back, we would have been looking at a deficit of £6,359 on the General Fund. The General Fund ended the year with a balance of £33,327.

Total income on ordinary unrestricted funds was £173,916 (2019: £205,623). Total unrestricted expenditure amounted to £157,499 (2019: £186,679). We received £6,334 of furlough payments from HMRC to cover 80% of the Café staff wages during the periods we were not able to open the Cafe, with the Church making up the remaining 20% to ensure that the staff continued to receive full pay.

The Church continues to pay in full our Deanery Share (or Family Purse) contribution – this year £66,361 (2019: £64,559).

On the 16th September, the Church completed the purchase of The Orchards from Essex County Council (ECC) for the sum of £650,000, plus fees amounting to £12,080. ECC also awarded the Church a community grant of £69,000, which has been placed into The Orchards Refurbishment Fund, and will be used to help pay for the significant refurbishment works required at The Orchards. Meadgate Church is extremely grateful to ECC for both selling the Orchards and the provision of the grant. The purchase of The Orchards was financed by £402,080 from Meadgate Church's Orchards Purchase Fund and a loan of £260,000 from the Chelmsford Diocesan Board of Finance (CDBF). The loan is repayable over 20 years at an interest rate of 2.5% above base. Meadgate Church is also extremely grateful to the Diocese for this loan.

Following the purchase of The Orchards, the Orchards Purchase Fund is now sitting at £409,520 (2019: £405,163), represented by the net asset value of The Orchards at £404,567 and £4,953 of cash. The newly created Orchards Refurbishment Fund ended the year at £59,662, with the fund receiving income of £71,010 in 2020, and having paid out £12,822 on essential electrical works, these being the first of the refurbishment works to be carried out at The Orchards.

In response to the financial hardship facing some members of the Meadgate community, the Church set up a Community Assist Fund in 2020, which attracted £2,176 in donations from church members, and which began providing food and other essential items to those in need.

Page 3 THE PROCHWL CFKIRCH COUNCIL OF THE ECCLESLASTICAL PARISH OF GREAT BhDDOW.MEACWTE. OKICESE OF CHELMSFQRD l¢hArfty R401tr￿lon No. 11891551 4NUAL REPORT OF TIIE PfvROCHWL¢HLtrRCH CIYJNCIL FOR THE YEAR ENDED 31ST DECEMBER 2020 FIN￿￿AL REVEW{conL) A nwCOVID R•80ry• Fund ¥waÈ ￿￿bIsh￿l In 2020. Th• Of1￿ 2018 2019 crBdkrywrf••¢k$. •rnOLnbry to £12.271, h¥ ty••n ed Inio th18 (und. Sh￿Id lh& G•Mral Fund d8fitlt In 202186 a resumd PBNdbM￿, Ihen the COVIO R•eM Fund VAI b used to hglp off¥8t th18 dAfldl, wtth ihe Intonlth ￿lat any bBL•ncè iemJknlw In Fund al IhÈ 012021 VAII Ih•n UA•d io paydLwn Th RESERVE8 POLICY Thty PCC 18 rnindlul of tho Chty￿ CrrnlaabJD guhYwc• ol Urf•glfl¢t•d fund$ b•lng browhl up ￿ a thleh equ81￿ tv •pwoxlrrtOidy mnih3' unrgslridod pttymonts. to ¢o¥er err0ryW￿Y sltualKJil$ IhBI may gr￿? frryn tlrn• to lim•. Th• b41Anc• of lundi Al lh• y•ar￿1 lolall e36.943. hardly changod frtyn 2019. 11 l& Iikdy ihAi 11 wll bv 8 wmbèr dl y•Brn belor• iho unT•slrt¢19d lut￿$ COD be broughl up lo T￿0￿mIn￿ ￿•1. pertKu￿rIy￿l th• C￿r¢￿ now has lo fl￿￿ce th• ban Iyymen￿l01 T￿ und•Mke $19nihc4DI rynnovJllLXIS. RE8PON818ILrriE$ OIP ThE PCC TM MBrnt4rn of lh• PCC r•spwJlJk• lty y•parntpJn cl a sij￿￿￿I of Acu¥th￿ and Bu￿nc• Sh•81 lor g•c y•Br. ¢h (X)Mp￿ ￿1h $•ctlon 130 01 h Ch•rttl•i Act 2011 fokn4rvJ lh• 9uk11￿8 for iccounllng lor Dm•#•r ¢hthUM by Ch•ikn• Cor(fft1$sknn. prepary th• St&t•m•nl cl BAIAnc• Sh••1 w• •r•Mguk4d to., S•knO lu￿•t4•ACCo￿ur1 Powd￿4nd Ih•n apptylh•rn M•￿•￿Jd91ff￿nlu Ind th•t ar• r••v3n￿￿ lhd ryud•ni St•e whaiher apFlk•bb •¢¢¢yntlrvJ I￿nd￿dI •nd •t•i•mnii of wctyMnd•d pr4th• hW4• sub￿1 lo any mtortjl doplrture disch)Jod •XK4ned In Iho acwunts. OLY T￿pOnSIbIlI1•S a¥ twmb•rg 01 tho PCC k¥gplrw4 propo1 Bccountkng iKOT¢• wlth •i •ny Ilm• th• n8nua1 thrfty end enablry vs tt> w$ur• Ihal the A¢¢￿ts ChBrfllw Act ZO11 W• 4r• mpon1￿9 I 6leguJrdlno th• Chur£h's A88Bts hn￿ l¢r taklrvJ I￿60￿•bIt 5t•ps loy th• sY•vrffikn d•t•cth)n of I8￿j and #r 1elluljli￿ Th• Oi¢hD ￿1￿￿9#1& Cwtr• Way ¢NilmJfrrfd M2 7NS R•v. Cnon TIMhy BJI NAY 2021

P8g• 4 INDEPENDENT EXAMINER'S REP RT THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICX PARISH a¢ GREAT BADDOW, IIEADGATE, DIOCESE OF CHELMSFORD Thi5 report Dn the Accouni8 01 tho PCC for Ihe year ended 31 D¢omb¢r 2020, which 18 ￿1 pag•B 1 10 18 inrlu8r¥o, In fosp8c¢ of an •xamlnaUon out In 8¢wrdanGe Tlh Ihe Churth AGGwnling R¢guKqtsoTh$ 2006 8nd Soclkm 145 01 th• Chan￿.•5 AGI 2011. ectrve r•$ $itM"lrtias of Tru8te88 and Exarninér As rnembtrrs ol lh• PCC you are rasw￿81￿& for the preparation of lh• Accounls., you consldfjr that Ihg autht roqulrérngnt of Regulad￿ 3131 pf th• Church Accountsnp RegU￿tIOnS 2006 Se¢don 144121 of the Charit585 Ac¢ 201 I Ilhe Acll does nol •p￿y. 11 ia my respon81￿"1ty lo issue Ihis ￿port cffj thoye Account8 in 8ccordance vith th• mii of Ihe Church Accwntsng R•gulaliM8 2006 8nd the Char￿.85 (Accounts and R•F<¥lsl RogulaW¢i 2008. My exarninolon wos C8rried DUI in 8ccordJnce ￿th Iha Genar81 Dlroction8 gfven by the Ch•nty CcrnI￿OTr under Sactian 14515llbl ol tho Act and lo b8 found in the guldance Irorn the CBF. Thai •xamln8llon Indvde8 a r8vlw of th8 Accounting records kvpl by lh• PCC A compariGoTh ol th• Accounts wilh those records. rt a0 Includii considenno ony unuwol It8m8 or di8d08ure8 In iha AccLuni$ and $eeklna oxplanaiions trorn you a6 TnJste8s concerniffj any suc mattots. Tho procoéures undertak¢n do not Il lh• gvid•ncè th81 wwld b• rnqulr•d In an •LKJii. and C￿S•quen￿Y I do nol expr•38 •n audit O￿nIon on the given by th6 Aecwnts. In 8cccrfdanc8 ¥Mlh my exambmiion, no matler hai c￿1 kn my attents'on wtich glves rIa8￿￿)le c•uJe to beleve Ih•i, ny rnatedal rejpset. th8 rnqulfem•nt8 to kaep accwnthg recoFd# kn accordon¢ wlth Socll¢)n 130 of the 201 f Acl.. and to prep8re A¢¢￿TrI$ %thith vxord the 8c¢ounlkng ro¢ortl8 and to COM￿ wilh kne requlvementy of the ACL al80 conlalnad In Iha Churth Accountlng Ragulatlons 2006 h8vo not bgan MBI. or io whlth, In nry oplnlon, •￿￿￿On thoulj b• drn%4n In otd•r to •n•bkn • prow und•rBtsndlNJ c4 the Aceounls to be re•ched, 47 chU￿h Stre•1 Gf•418Addow Che4rrK%f(xd CM2 7JA CLgire 8ull•n Ind•p•nd•nt ExAmin•r exJndT8 knthony Limited Chart￿d Celtifiad Ac￿Un￿nI8 .2021

Page S. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD {Chailty Reglstratlon No. 11699551 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2020 Unrestrlcted Funds Restrlcted Funds TOTAL FUNDS Notes 2020 2019 INCOME AND ENDOWMENTS Voluntary Income ActlvttSes for Generatlng Funds Investment Income Income from Church ActlvitSes Other Ineome 4-7,15,1&20 134,792.17 22,019.04 124.07 15,533.67 1,447.23 76,539.16 211,331.33 22,019.04 125.85 15,533.67 IA47.23 503,067.58 29,050.99 276.62 38,664.99 1,143.31 17 io 11-14 1.78 TOTAL INCOME 173,916.18 76,540.94 250A57.12 572,203.49 EXPENDITURE Church Activltles Fund-raisSn8 Costs 2141 157,498.72 16,481.84 173,980.56 188,794.03 1,186.54 TOTAL EXPENDITURE 157,498.72 16,481.84 173,980.56 189,980.57 NET INCOMEI IEXPENDITUREI 16,417.46 60,059.10 76,476.56 382,222.92 Bought forward at l January 2020 Transfers Between Funds BALANCES AT31 DECEMBER 2020 36,757.59 3,960.24 49,214.81 405,162.63 3,960.24 469,181.97 441,920.22 59,697.10 518,396.78 441,920.02 11.b).. IM B*.... 2021 Aoproved by the ParochFo1 Church Coun¢ll on ... Church Officer Church off￿r Trea3urer

Page 6.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD (Charity Registration No. 1169955)

BALANCE SHEET AS AT 31ST DECEMBER 2020

2019
Notes
FIXED ASSETS
-
45
CURRENT ASSETS
13,458.92
Debtors and Prepayments
47
8,655.88
483.90
Deposit Account
48
485.68
200,683.48
Current Account
49
111,652.60
1,082.27
Pockit Card
50
735.42
506.43
Youth Account
51
462.71
-
Cash in hand: Creative Hands
223.45
375.00
CAMEO Account
52
197.70
95.00
Cash in hand: General Fund
95.00
250,000.00
Solicitor's Client Account
53
-
466,685.00
CURRENT LIABILITIES
24,764.78
Creditors and accrued expenses
54
8,678.68
Loans repayable within 12 months
45
10,109.96
Loans repayable beyond 12 months
45
247,403.31
441,920.22
NET ASSETS / (LIABILITIES)
FUNDS
Unrestricted
33,326.65
General Fund
33,326.65
Designated
-
Orchards Café Fund
-
2,273.51
Creative Hands Fund
523.45
375.00
CAMEO
197.70
506.43
Youth
462.71
276.00
Football Club
-
-
Community Assist
2,432.86
-
Covid Reserve
12,271.44
Restricted
-
Mission / Charities Fund
-
405,162.63
Orchards Purchase Fund
409,520.20
-
Orchards Refurbishment Fund
59,661.77
441,920.22
TOTAL FUNDS		 122,508.44
266,191.95		 2020
662,080
518,396.78
33,326.65
15,888.16
469,181.97
518,396.78

Page 7.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD

(Charity Registration No. 1169955)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2020

1. ACCOUNTING POLICIES

a) Basis of accounting

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with United Kingdom Generally Accepted Accounting Practice (FRS 102), and the Charities Act 2011 .

b) Funds

Restricted funds represent donations or fundraising income 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.

Where funds received have been restricted for the purchase of fixed assets, the value of the specific object is transferred at the purchase date from the restricted fund to the general fund in the Statement of Financial Activities.

General Funds represent funds of the church council that are not subject to any restrictions regarding their use and are available for application on the general purposes of the Church. Funds designated by the Church Council for a particular purpose are also unrestricted.

c) Income and Endowments

All income and endowments are included in the statement of financial activities when the Church is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

d) Expenditure Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which is reported as part of the expenditure to which it relates:

Page 8.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD (Charity Registration No. 1169955)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2020

2. DETAILED STATEMENT OF FINANCIAL ACTIVITIES

Notes
INCOME
Planned Giving
4
Income Tax Recovered (Planned Giving)
4
Collections
5
Non-Planned Giving
5
Donations
6
Grants
7
Income Tax Recovered (Non-Planned Giving)
5
Church Letting Income
8
Catering Income
9
Orchards Café
10
Sundry Income
11
Creative Hands
12
CAMEO Account
13
Youth Account
14
Community Assist
15
Bank Interest Received
17
Funds raised for Mission/Charities
18
Funds raised to purchase The Orchards
19
Funds raised for The Orchards Refurbishment
20
Total Income
EXPENDITURE
Clergy Expenses
21
Staff Costs
22
Training
23
Worship Costs
24
Premises Rental
25
Upkeep of church building/grounds
26
Catering
27
Administration
28
Junior Church / Youth
29
Orchards Café
30
Community Outreach
31
Sundry Costs
32
Creative Hands
33
CAMEO Account
34
Youth Account
35
Evangelism
36
Repayment of Orchards Loan Interest
40
Community Assist
41
The Orchards Purchase
43
The Orchards Refurbishment
44
Outside of Parish
Parish Share
37
Deanery Synod
38
Mission/Charity Giving From the General Fund
39
Mission/Charity Giving From Special Appeals
42
Balances as at 1 January 2020
Surplus/(Deficit) for year
Transfers between Funds
Balances as at 31 December 2020
The Orchards Purchase Net Asset Value
Net Cash		 General
Orchards
Creative
CAMEO
Youth
Football
Community
Covid
Restricted
Total
Fund
Café
Hands
Club
Assist
Reserve
Funds
Unrestricted
Designated
Designated
Designated
Designated
Designated
Designated
Designated
Summary

105,605.84
105,605.84
1.2
20,448.38
20,448.38
2.3
2,542.53
2,542.53

1,488.73
1,488.73

1,563.80
20.00
1,583.80

69,000.00
69,000.00
2.5
316.64
350.25
557.50
1,224.39

21,682.26
21,682.26

336.78
336.78

15,533.67
15,533.67

100.25
100.25

252.41
252.41

384.20
384.20

710.37
710.37

2,476.00
2,476.00

124.07
1.78
125.85

3,082.60
3,082.60

1,869.06
1,869.06

2,010.00
2,010.00
154,209.28
15,533.67
252.41
384.20
710.37
0.00
2,826.25
0.00
76,540.94
250,457.12
505.81
505.81

39,500.48
39,500.48

0.00
0.00

238.33
238.33

-18,430.00
-18,430.00

25,838.56
25,838.56

396.02
396.02

7,520.95
7,520.95

533.97
533.97

23,942.62
23,942.62

529.28
529.28

1,890.06
1,890.06

528.96
528.96

561.50
561.50

754.09
754.09

16.94
16.94

1,684.62
1,684.62

393.39
393.39

0.00
0.00

12,821.74
12,821.74
17
66,360.72
66,360.72

305.42
305.42

4,427.00
4,427.00

3,660.10
3,660.10
131,318.16
23,942.62
528.96
561.50
754.09
0.00
393.39
0.00
16,481.84
173,980.56
33,326.65
0.00
2,273.51
375.00
506.43
276.00
0.00
0.00
405,162.63
441,920.22
22,891.12
-8,408.95
-276.55
-177.30
-43.72
0.00
2,432.86
0.00
60,059.10
76,476.56
-22,891.12
8,408.95
-1,473.51
0.00
0.00
-276.00
0.00
12,271.44
3,960.24
0.00
33,326.65
0.00
523.45
197.70
462.71
0.00
2,432.86
12,271.44
469,181.97
518,396.78
404,567.02
33,326.65
0.00
523.45
197.70
462.71
0.00
2,432.86
12,271.44
64,614.95
113,829.76

Page 9.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD

(Charity Registration No. 1169955)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2020

3. RESTRICTED FUNDS SUMMARY FOR THE YEAR ENDED 31ST DECEMBER 2020

INCOME
Funds raised for Mission/Charities
Orchards Purchase
Orchards Refurb
Donations
Grants
Deposit Interest
Income Tax Recovered
3A
Total Income
EXPENDITURE
Funds raised for Mission/Charities
Orchards Purchase
Orchards Refurb
Church Group Expenses
Gifts
Other Expenditure
Total Expenditure
Balances as at 1 January 2020
Surplus/(Deficit) for year
Transfers between Funds
Balances as at 31 December 2020
The Orchards Purchase Net Asset Value
Net Cash		 Mission/
Orchards
Orchards
TOTAL
Charities
Purchase
Refurb
3,082.60
3,082.60
1,869.06
1,869.06
2,010.00
2,010.00
20.00
20.00
69,000.00
69,000.00
1.78
1.78

557.50
0.00
0.00
557.50
3,660.10
1,870.84
71,010.00
76,540.94
3,660.10
3,660.10
0.00
12,821.74
12,821.74
0.00
0.00
0.00
3,660.10
0.00
12,821.74
16,481.84
0.00
405,162.63
0.00
405,162.63
0.00
1,870.84
58,188.26
60,059.10
0.00
2,486.73
1,473.51
3,960.24
0.00
409,520.20
59,661.77
469,181.97
404,567.02
404,567.02
0.00
4,953.18
59,661.77
64,614.95
NOTES TO THE ACCOUNTS Page 10
2020 2019
UNRESTRICTED INCOME
4 PLANNED GIVING
1.1 PPlanned Giving- DD,Pledged,Gift Aided 81,671.96 73,743.94
1.5 PPlanned Giving- DD,Pledged,CAF etc 9,845.48 16,069.97
1.7 PPlanned Giving- DD,Not Gift Aided 11,655.00 12,041.00
1.4 PPlanned Giving- Other(NGA) 359.00 560.00
1.6 EEnvelopes - Not Gift Aided 220.00 866.55
1.3 EEnvelopes - Gift Aided 1,854.40 2,649.30
1.2 I Income Tax Recovered 20,448.38 19,316.14
126,054.22 125,246.90
5 NON PLANNED GIVING
2.1 NNon Planned Giving (Gift Aided) 725.00 106.00
2.2 NNon Planned Giving (Not Gift Aided) 763.73 303.00
2.5 I Income Tax Recovered 316.64 2,084.81
2.3 CCollections 2,542.53 7,387.94
4,347.90 9,881.75
6 DONATIONS
2.4. 1Donation - Unrestricted 516.00 3,140.52
2.4. 2Donation - homegroupstudybooks 0.00 33.00
2.4. 3Donation - Cameo 0.00 100.00
2.4. 4Donation - Summer Festival 0.00 50.00
2.4. 5Donation - Hampers 90.00 30.00
2.4. 6Donation - Phil Ritchie 0.00 167.00
2.4. 7Donation - Alms Fund 200.00 250.00
2.4. 8BishopSteven 65.00 0.00
2.4. 9Christine Horten 230.30 0.00
2.4. 1SOZO 40.00 0.00
2.4. 1Toni Knights 422.50 0.00
1,563.80 3,770.52
7 GRANTS
4.5. 3Orchards Refurb Grants 0.00 0.00
0.00 0.00
OTHER GENERAL FUND INCOME
8 Church LettingIncome:
3.1. 1
NELFT		 14,740.00 20,340.00
3.1. 2
CHESS		 2,400.00 710.00
3.1. 3
Moo Music		 1,345.00 1,050.00
3.1. 4
SECEMIND		 280.00 720.00
3.1. 5
HelpingHands		 0.00 360.00
3.1. 6
Pilates		 0.00 20.00
3.1. 7
U3A Table Tennis		 134.00 767.50
3.1. 8
CCG Choir		 320.00 480.00
3.1. 9
Diocesan Meeting		 393.26 160.00
3.1. 1
Other		 750.00 1,082.00
3.1. 1
Sounds Right		 180.00 400.00
3.1. 1
Chelmsford CityCouncil		 0.00 1,575.00
3.1. 1
Virgin Care		 90.00 517.50
3.1. 1
Starlight Music Theatre Group		 1,050.00
21,682.26 28,182.00
9 3.2 CCateringIncome 336.78 868.99
10 Orchards Café
3.3. 1
DailyTakings		 15,233.67 26,507.79
3.3. 3
PartyHire		 300.00 1,225.00
3.3. 4
Cash from Church		 0.00 -50.00
3.3. 5
Insurance Claim		 0.00 8,093.50
15,533.67 35,776.29
11 SundryIncome Page 11
3.5. 3
Sale of Unwanted Equipment		 0.00 287.00
3.5. 6
Other		 100.25 50.60
100.25 337.60
12 3.9 CCreative Hands 252.41 775.71
13 CAMEO Account 384.20 0.00
14 Youth Account 710.37 483.46
15 CommunityAssist
3.10 Donations Gift Aided 2,376.00
3.10 Donations Not Gift Aided 0.00
3.10 Donations CAF etc 100.00
3.10 Income Tax Recovered 350.25
2,826.25 0.00
16 3.7 PParochial Fees 0.00 30.00
17 3.8 BBank Interest Received 124.07 269.43
TOTAL UNRESTRICTED INCOME 173,916.18 205,622.65
RESTRICTED FUNDS INCOME
18 3a F FUNDS RAISED FOR MISSION/CHARITIES
4.1. 1Hope For Kids Donations 812.60 333.45
Refer also 4.1.2 Hope For Kids - Income Tax Recovered Income Tax 162.50 50.00
to 975.10 383.45
Restricted
Funds 4.1. 3Samaritans Purse Donations 540.00 724.67
Summary 4.1.4 Samaritans Purse - Income Tax Recovere dIncome Tax 80.00 80.00
620.00 804.67
4.1. 5James Harding Donations 1,730.00 880.41
4.1.6 James Harding- Income Tax Recovered Income Tax 315.00 46.25
2,045.00 926.66
4.1. 7Food Bank Donations 20.00
4.1.7 Food Bank - Income Tax Recovered Income Tax 0.00
20.00 0.00
3,660.10 2,114.78
19 THE ORCHARDS PURCHASE
4.3. 1Donations Gift Aided 140.00 150,475.00
Refer also 4.3. 2Donations Not Gift Aided 1,729.06 77,770.17
to 4.3. 3Donations CAF etc 0.00 96,000.00
Restricted CCLA Deposit Interest 1.78 7.19
Funds 4.3. 4Income Tax Recovered 0.00 37,325.00
Summary 4.3. 5Fund Raising 0.00 123.70
4.3. 6Fund RaisingEvents Income 0.00 2,765.00
1,870.84 364,466.06
20 THE ORCHARDS REFURBISHMENT
Refer also 4.5. 1Donations Gift Aided 10.00
to 4.5. 2Donations Not Gift Aided 2,000.00
Restricted 4.5. 3Grants 69,000.00
Funds 4.5. 4Income Tax Recovered 0.00
Summary 71,010.00 0.00
TOTAL RESTRICTED INCOME 76,540.94 366,580.84
UNRESTRICTED EXPENDITURE Page 12
21 CLERGY EXPENSES
5.1. 1Mileage 39.60 513.70
5.1. 3Telephone 400.22 386.52
5.1. 4Other 0.00 0.01
5.1. 6Books and Publications 65.99 98.39
5.1. 7Area Dean 0.00 26.90
505.81 1,025.52
22 STAFF COSTS(EXCL. CAFÉ STAFF)
39,500.48 36,168.60
23 TRAINING
7.1 GGeneral Training 0.00 50.00
7.2 SSozo Training 0.00 135.00
0.00 185.00
24 WORSHIP/SERVICES COSTS
8.2 CCommunion Bread & Wine 0.00 5.97
8.3 CCandles & Holders 0.00 46.07
8.6 SSpecial Services 0.00 241.10
8.8 PPalm Crosses 0.00 19.00
8.9 RRefreshments 223.36 425.66
8.11 SundryExpenses 14.97 53.42
238.33 791.22
25 PREMISES RENTAL
9.1 OOrchards Rental -18,630.00 12,420.00
9.2 CChelmer HP 200.00 200.00
-18,430.00 12,620.00
Creditor amounts of £6,210 and £12,420, being funds set aside for rent payable to ECC, were carried forward into 2020.
Upon completion of the purchase of The Orchards from ECC on 16 September 2020, these amounts were no longer due,
and were written back to the General Fund,and are shown as a negative rental expense.
26 UPKEEP OF PREMISES
Upkeep of The Parade
10.1 Utilities 5,009.88 5,407.88
10.1 Insurance 1,003.66 997.61
10.1 Refuse Collection Fee 378.56 359.32
10.1 Extinguisher Rental 202.20 216.60
10.1 Gardening 0.00 0.00
10.1 Boiler Service 0.00 138.00
10.1 Maintenance & Repairs 3,540.60 1,457.25
10.1 Capital Expenditure 0.00 100.00
10.1 SundryItems 80.05 142.78
10.1 Other 18.96 0.00
10.1 Cleaning 1,127.13 71.10
11,361.04 8,890.54
Upkeep of The Orchards Page 13
10.2 Utilities 4,954.89 5,349.06
10.2 Insurance 2,283.98 2,238.81
10.2 Refuse Collection Fee 479.44 452.92
10.2 Extinguisher Rental 321.12 257.38
10.2 Gardening 0.00 0.00
10.2 Boiler Service 504.00 514.64
10.2 Maintenance & Repairs 573.44 923.63
10.2 Capital Expenditure 0.00 0.00
10.2 SundryItems 58.99 122.98
10.2 Other 0.00 0.00
10.2 Cleaning 3,783.36 5,704.15
10.2 Container Hire 446.40 446.40
10.2 CleaningSupplies 366.05 558.81
10.2 AV Equipment 335.85 707.80
10.2 Re-openingCosts re Covid-19 370.00 0.00
14,477.52 17,276.58
25,838.56 26,167.12
27 CATERING EXPENSES
11.1 Orchards CateringGeneral 192.80 1,022.14
11.2 Connect Lunches 79.34 592.94
11.3 Oasis Café 57.76 324.90
11.4 MotheringSundayLunch 0.00 113.91
11.5 Parade CateringGeneral 66.12 56.37
396.02 2,110.26
28 ADMINISTRATION
12.1 Licences 1,757.65 1,201.44
12.2 Subscriptions 0.00 17.94
12.3 Stationery 266.41 205.21
12.4 Printing /Photocopying 3,632.79 1,684.30
12.5 Books & Booklets 0.00 0.00
12.6 Postage 51.08 3.41
12.7 GivingEnvelopes 30.47 33.25
12.8 Photocopier/Printer Toner/Ink 92.45 1,314.56
12.9 Equipment 246.90 150.00
12.1 Other 176.00 137.55
12.1 Paper 0.00 98.96
12.1 Publicity 0.00 20.00
12.1 Phone 624.56 1,054.89
12.1 Internet Subscription 642.64 341.60
7,520.95 6,263.11
29 JUNIOR CHURCH/ YOUTH
13.2 Food and Drink 220.58 116.59
13.3 Craft 0.00 4.25
13.5 Resources 313.39 175.93
533.97 296.77
30 ORCHARDS CAFÉ COSTS Page 14
14.1 CateringSupplies 4,693.26 7,330.80
14.2 CleaningSupplies 0.00 0.00
Café Staff Costs 21,264.78 19,267.65
14.9 Other 369.00 49.80
14.1 Equipment 15.50 311.11
14.1 Café Flood Refurbishment Costs 0.00 56.97
14.1 Café BuildingWork 2,165.00 378.00
14.2 Maintenance 634.53 0.00
14.2 Furlough Payments -6,334.42 0.00
14.2 Re-openingCosts re Covid-19 1,134.97 0.00
23,942.62 27,514.33
31 COMMUNITY OUTREACH
15.1 General Expenses 34.05 124.96
15.2 Bears & Cubs 2.90 45.56
15.3 Easter Saturday 0.00 87.53
15.4 Summer Festival 0.00 834.07
15.5 Barn Dance 0.00 136.81
15.6 Comedyand Carols 0.00 85.52
15.7 Pancake Night 34.22 0.00
15.8 Food Lovers 18.32 0.00
15.9 Food Parcels 69.25 0.00
15.1 Mulling& Mincing 135.92 0.00
15.1 Christmas Hampers 234.62 0.00
529.28 1,314.45
32 SUNDRY COSTS
16.1 Other Expenditure 992.37 1,677.07
16.2 Donations 55.00 0.00
16.3 Social Function 8.22 125.00
16.4 Sundry 78.57 36.43
16.5 Bank Charges 272.90 485.97
16.6 Leaders Fees 0.00 0.00
16.7 Funeral Expenses 0.00 0.00
16.8 Home GroupExpenses 129.74 178.20
16.9 Team GB Meetings and Events 0.00 36.35
16.1 HostingDiocese Meetings 53.26 40.24
16.1 Men Alive 0.00 19.94
16.1 Night of Song 0.00
16.1 Examination Fee 300.00 120.00
1,890.06 2,719.20
33 CREATIVE HANDS
28.1 Creative Hands Expenses 28.96 0.00
28.2 Creative Hands Donations - CHESS 500.00 0.00
528.96 0.00
34 CAMEO ACCOUNT Page 15
CAMEO 561.50 0.00
35 YOUTH ACCOUNT
Youth Account 754.09 657.29
36 EVANGELISM
26.1 Alpha 0.00 46.46
26.2 Hope for Kids Summer HolidayClub 16.94 0.00
16.94 46.46
37 17 P PARISH SHARE 66,360.72 64,558.92
38 19.1 DEANERY SYNOD 305.42 45.00
39 GIFTS TO MISSIONS/ CHARITIES
20.1 Hope For Kids 1,288.00 1,288.00
20.2 Samaritans Purse 1,000.00 1,000.00
20.3 SPTC 1,279.00 1,279.00
20.4 Other 0.00 159.00
20.5 CADEF SYM 360.00 360.00
Evangelical Alliance 0.00 110.00
20.6 Kintsugi Hope 500.00 0.00
20.7 CHESS 0.00 0.00
4,427.00 4,196.00
40 THE ORCHARDS LOAN REPAYMENTS
23.1 Loan Repayments Principal
23.2 Loan Repayments Interest 1,684.62
1,684.62 0.00
41 27.1 COMMUNITY ASSIST 393.39 0.00
TOTAL UNRESTRICTED EXPENDITURE 157,498.72 186,679.25
RESTRICTED EXPENDITURE
42 FUNDS RAISED FOR MISSION/CHARITY
Refer to 21.1 Hope For Kids Donations 812.60 333.45
Restricted 21.2 Hope For Kids - Income Tax Recovered Income Tax 162.50 50.00
Funds 975.10 383.45
Summary
21.3 Samaritans Purse Donations 540.00 724.67
21.4 Samaritans Purse - Income Tax Recovered Income Tax 80.00 80.00
620.00 804.67
21.5 SPTC Donations 1,750.00 880.41
21.6 SPTC - Income Tax Recovered Income Tax 315.00 46.25
2,065.00 926.66
3,660.10 2,114.78
43 THE ORCHARDS PURCHASE FUND
Refer to 22.1 Purchase Price 0.00
Restricted 22.2 Purchase Fees 0.00
Funds 22.3 Fund RaisingEvents Costs 0.00 1,186.54
Summary 0.00 1,186.54
44 THE ORCHARDS REFURBISHMENT FUND Page 16
Refer to 24.1 Refurbishment Works 12,821.74 0.00
Restricted 24.2 Refurbishment Fees 0.00 0.00
Funds 12,821.74 0.00
Summary
TOTAL RESTRICTED EXPENDITURE 16,481.84 3,301.32
BALANCE SHEET
TANGIBLE FIXED ASSETS
45 The Parade is held on a long lease and, as a dedicated building that is used for Church purposes, its leasehold value
is not included in these accounts. Its insurance value in 2016 was £1,100,000.
The Orchards was purchased from Essex County Council (ECC) on 16 September 2020 for the sum of £650,000, with
a further £12,080 incurred in legal fees. Although the Diocese is the custodian tustee holding the deeds, the
purchase price plus fees has been added as a fixed asset on to the balance sheet, as Meadgate Church has taken out
a loan for £260,000 from The Diocese to finance the purchase and has yet to repay the loan.
The loan is for 20 years at an interest rate of 2.5% above base, so currently 2.6%. The monthly repayments
commenced on the 1st October 2020, and are currently set at £1,390.45.
It should also be noted that under the terms of the sale and purchase agreement with ECC, should The Orchards be
sold within eighty years of its acquisition by Meadgate Church, then 50% of any resulting profit will be payable to
ECC.
Purchase Breakdown:
Purchase Price 650,000 Note - although the ECC grant
was deducted from the
purchase price, the grant has
been shown as income
above. The purchase price
has been shown above as the
full price less the loan
provided by the Diocese.
ECC Grant 69,000
Net Price 581,000
Fees 12,080
Total Required 593,080
Meadgate Church 333,080
Diocese Loan 260,000
Total Paid 593,080
Loan Repayments(assuming 2.6% interest):
Principal Interest Total
2020 repayments 2,487 1,685 4,171
2021 repayments 10,110 6,575 16,685
Repayments beyond 2021 247,403 65,448 312,851
Total 260,000 73,708 333,708
The Orchards Net Asset Value:
Purchase Price 650,000
Fees 12,080
Loan -260,000
2020 repayments 2,487
Net Asset Value,31 Dec 2020 404,567
46 STAFF COSTS
Wages and salaries 60,272.37 49,751.00
Pension costs 492.89 317.00
60,765.26 50,068.00
The Church employed a youth minister (on maternity leave until her resignation in November 2020), a youth
minister maternity cover, a part time administrator, a part time pastoral visitor (who left her post August 2020 and
has not been replaced), a part time community worker, two catering outreach managers on a job share (one of
whom left October 2020), and two part-time catering assistants on a job share. The average number of FTE (full
time equivalent)staff was 3.8.
47 DEBTORS Page 17
Premises lettings 1,402.50
Gift Aid,General Fund 5,697.14 11,930.17
Gift Aid,Restricted Funds 80.00 126.25
Other debtors 2,878.74 0.00
8,655.88 13,458.92
48 DEPOSIT ACCOUNT
CCLA 485.68 483.90
49 CURRENT ACCOUNT
Balance asper statement 111,652.60 200,683.48
less cheques notyetpresented 0.00 0.00
Balance of Current Account as at 31/12/2020 111,652.60 200,683.48
50 POCKIT CARD
Openingbalance 1,082.27 76.50
Loading 7,000.00 11,980.00
Spend 7,346.85 10,974.23
Closingbalance 735.42 1,082.27
51 YOUTH ACCOUNT
Openingbalance 506.43 680.26
Income 710.37 483.46
Expenditure 754.09 657.29
Closingbalance 462.71 506.43
52 CAMEO ACCOUNT
Openingbalance 375.00
Income 384.20
Expenditure 561.50
Closingbalance 197.70 375.00
53 SOLICITOR'S CLIENT ACCOUNT
Openingbalance 250,000.00 0.00
Funds transferred 81,461.49 250,000.00
Net Orchardspurchase cost 331,461.49 0.00
Closingbalance 0.00 250,000.00
54 CREDITORS AND ACCRUED EXPENSES
Funds raised for missions/charities 80.00 509.70
Gift Aid overclaim 0.00 2,617.11
Other creditors and accruals 6,111.95 13,922.69
2018 carried forward 7,715.29
Orchards loanprincipal repayments 2,486.73
8,678.68 24,764.79
55 ANALYSIS OF GIFTS TO MISSIONS/ CHARITIES ANALYSIS OF GIFTS TO MISSIONS/ CHARITIES Page 18
Payments in theyear includingbothgivingfrom the General Fund and donations bychurch members:
Overseas
Mission		 Overseas
Relief		 Home
Societies		 Total 2019
CADEF 360.00 360.00 360.00
Hope For Kids 2,263.10 2,263.10 1,671.45
Overseas Mission Trips 0.00 0.00
Evangelical Alliance 0.00 110.00
World Vision 0.00 0.00
St Paul's Theological College 3344.00 3,344.00 2,205.66
Churches together in Chelmsford 0.00 0.00
Christian HealingMinistries 0.00 0.00
Samaritans Purse 1,620.00 1,620.00 1,804.67
SafetyGuide Foundation 0.00 159.00
CHESS 500.00 500.00 0.00
3344.00 3883.10 860.00 8087.10 6310.78
56 PAYMENTS TO TRUSTEES AND RELATED PARTIES
The Rev. Canon Tim Ball, chair of the trustees, received reimbursement of expenses (see note 20). Tim Ball's wife,
Mrs Anita Ball, and their daughter, Evie Ball, have both undertaken paid work in the Cafe. Evie Ball took up the paid
post of Youth Minister(maternitycover)in January2020.
Mr Jason Smart took up the paid post of Café Manager in February 2020 and became a trustee in October 2020.
Jason Smart's wife,Mrs Sue Smart,has undertakenpaid work in the Café.
Mrs Ros Coleridge,a trustee,has undertakenpaid work in the Café.
Mrs Pat Kennett,the wife of trustee Mr John Kennett,took upthepaidpost of Administrator in March 2020.
Mr Luke Ridgwell, the husband of the Youth Minister, Mrs Stephanie Ridgwell, was appointed a trustee in October
2020.
Mr David Belbin, who was the Treasurer until August 2018, was appointed a Trustee on the commencement of
Meadgate Church as a separate legal entity. In addition to this, he is also the father of the Youth Minister, Mrs
Stephanie Ridgwell, who was in post before his appointment. Payroll bureau services are provided by his practice
free of charge.