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2020-12-31-accounts

Since 24 March 2017. “The Parochial Church Council of the Ecclesiastical Parish of St Timothy's Crookes” has been registered as a Charity, Charity number: 1172252

Details of Governance, Trustees and Financial History are publicly available on the Charity Commission for England and Wales website

https://register-of-charities.charitycommission.gov.uk

Aims and purposes

Summary of the objects of the charity set out in its governing document:

St Timothy’s Parochial Church Council (PCC) has the responsibility of promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, social and ecumenical. The PCC is also specifically responsible for the maintenance of the Church Centre complex.

St Timothy’s is part of The Diocese of Sheffield. The Diocese has been called to grow a sustainable network of Christ-like, lively and diverse Christian communities in every place which are effective in making disciples and in seeking to transform our society and God’s world.

The PCC works towards the above Diocesan Mission Statement with its three strands: “Renewed, Released, Rejuvenated,” and our Parish Vision Statement “Burning Brighter and Deeper.”

Summary of the main activities undertaken for the public benefit in relation to these objects:

Our current strategic plan continues focus on “building people and passion” i.e. increasing the numbers of attenders, and also becoming effective as a source of light and love, hope and comfort to benefit people in our community and further afield. The theme of ‘light’ is derived from our church logo - a lighthouse set on a harbour wall in a storm. We as a church seek to be such a lighthouse in the social and economic storms that have grown increasingly destructive in the past few decades. All activities in our church seek to serve that end.

Some activities seek to engage with and serve the local community. These include a lunch club for senior citizens, visiting schemes to isolated people, baby, toddler and young families’ groups, youth clubs and children’s activities, a community café, drop-ins for people who are long-term unemployed, volunteering projects, gardening projects, and small groups engaged in such things as organising street parties and DIY projects for vulnerable people. We also run community activities such as our annual pantomime, Christmas tree Festival and community film shows.

Some activities aim to help and support people who want to explore the spiritual life and Christian faith. We hold services and events in church and other locations which are specifically aimed at people who are not regular church members, as

well as occasional events that act like a “taster” for those who might be interested in exploring Christian faith.

Other activities are designed to explain what the Christian faith is about. These include the “Alpha Course”, youth Alpha and a range of other activities that explain Christian faith.

Many people who attend our activities will not want to pursue this. We simply keep the door open for those who do want to find out more.

Core activities seek to strengthen the faith and love of Christians to equip them for service. We seek to inspire church members through a deepening relationship with Jesus Christ so that they are equipped and energised to volunteer in our many outreach activities, as well as to serve their own families, communities, colleagues and school friends.

The main Sunday services and events aim to equip and inspire church members to follow the example of Jesus Christ and to love and serve their neighbours. Other groups and activities include prayer meetings, small groups meeting for mutual support and encouragement, missional communities, and a wide range of youth and children activities.

There is a strong emphasis on leadership support and training, as well as developing teams to lead and run the many activities that are now part of the life of our church. Generating enthusiasm and sense of purpose also helps to promote the generous financial giving from church members – regular donations via standing order is our main source of funding.

Structure, Governance and Management

The PCC is a corporate body established by the Church of England as part of “The Benefice of St Timothy, Crookes.” There is a Parochial Church Council (PCC) for the benefice which meets six times per year and is responsible for all policy and strategy decisions.

The Council comprises all Clergy, Readers and Churchwardens ex officio , plus 12 lay representatives of which 4 are elected annually in a three year cycle. The PCC is responsible for finances (including payments to the Common Fund) and our church buildings. The PCC operates under the Parochial Church Council Powers Measure.

Members are informed of their duties at the first meeting of each annual term, and are invited to attend courses run annually by the Diocese. The PCC takes its role seriously, and ensures Faculty Jurisdiction and Copyright requirements are adhered to, Diocesan safeguarding guidelines are followed and that Risk Assessments are undertaken.

Churchwardens, Deanery Synod Representatives and PCC Members

As a result of the Covid19 Pandemic, the Annual Meeting to receive reports for 2019 and to elect Churchwardens, Deanery Synod Representatives and PCC members was delayed from April 2020 to September 2020.

The following people served:

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As PCC Members to September 2020

Graham Cavill, David Cope, Janet Daye, Roger Makin (Lay Reader), Di Marples, Aidan Melville, Becki Porter, Kate Rogers-Kay, Alex Shilkoff, Ravi Thevasagayam, Alex Townsend, David Townsend, Anita Vere, Peter Wigglesworth, Jan Williams

In September 2020 David Cope, Janet Daye , Anita Vere and Jan Williams came to the end of their term of service on the PCC.

New PCC members appointed to serve from September 2020 were

Alan Bell, Jenny Holt and Chris Renshaw.

PCC Meetings in 2020

During 2020 the PCC met a total of eight times.

This included two special additional meetings to consider the proposal to create a new United Benefice, to include the Parish of St Timothy’s Crookes and the Parish of The Vine, Sheffield.

On 4th October 2020 there was a joint meeting of members of the PCCs from both Parishes, together with the Archdeacon of Sheffield, at which the proposal was discussed.

Then on 18th October 2020 St Timothy’s PCC held an additional meeting to consider the formal proposal to create a new United Benefice with the Parish of The Vine, Sheffield. At that meeting,

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Financial Report - January to December 2020

Thank you to the Finance Committee who have looked after our money and accounts over the last year. Graham Cavill, Di Marples and Kerrie Wells meet with me and our Finance Officer, George Boylin, about once a month. Between them they have made sure that everything ran smoothly, despite it being a very unusual, and at times difficult year.

2020 was our first full year with a paid part time Finance Officer. Janet Daye had done a fantastic job for us as Acting Treasurer, giving a huge amount of time as a volunteer to reorganise our financial systems and put everything on a much better footing. But when no-one offered to take on the role after her, we at first paid FaithStar (a local accounts company) to do the work, and then advertised for a part time Finance Officer. George Boylin was appointed in October 2019.

George deals with our payroll, monitors income and expenditure, produces regular financial statements for the PCC and is responsible for producing the year end accounts. But he is NOT the Church Treasurer. This has to be a charity trustee – that is a member of the PCC. Jack Hiscock, one of the Churchwardens, has acted as Treasurer for the last year, but we would much prefer to keep the role of Churchwarden and Treasurer separate. We hope therefore to find a new Treasurer soon.

Because we now have a paid Finance Officer, the role of Treasurer has changed substantially. Being Treasurer does NOT now mean preparing accounts or managing day to day transactions – that is all done by George and other members of the Finance Committee. Instead, we are looking for a volunteer, who has time to attend both PCC meetings (about six a year) and Finance Committee meetings (once a month). The role is to oversee the work of the Finance Committee, and make sure that the PCC is kept regularly informed and updated. We need someone who is comfortable reading Balance Sheets and Financial Statements, who can use and interpret “Excel” files, and is ready to ask questions about anything that seems unusual or unclear.

Comments on the Financial Statements for 2020

The Balance Sheet (page 3) shows both Unrestricted Funds which we are free to use as we wish, and Restricted Funds which can only be used for specific named purposes. This includes money raised for other charities e.g. Asha, or given for specific purposes e.g. the Defibrillator fund and the Natter project. In the rest of this Report I will only comment on the Unrestricted Funds.

In 2019 we had a small surplus of income over expenditure of £2322 (page 9) but this included a £5000 Grant from the Church Burgesses (page 4 note 2). No further grant was expected in 2020, so we started the year expecting to spend more than we received. The PCC was aware of this, and we had decided to hold a Gift Day and giving appeal in the summer.

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The arrival of Covid19 made our financial situation much more worrying. From March onwards, after the start of the first Lockdown, we saw a fall in regular giving, no plate collections and a sharp drop in Hall Rental income. Plate collections for the year were £1,155, compared to £6,741 in 2019 (p4).

We reported the situation to the Church and held the Gift Day and giving appeal as planned. The response was astounding. Thank you to everyone for your amazing generosity, either by one-off donations or by increasing your regular giving. Donations in 2020 were an incredible £31,543 compared to £11,470 in 2019 (page 4 note 1). Increased pledges to planned giving meant that this too increased in the second half of the year, and finished higher overall in 2020 than in 2019.

As part of the Gift Day appeal, we asked our regular givers to consider using the “Parish Giving Scheme”. This is a system set up by the wider church, at no cost to us. It makes it easier for us to monitor planned giving, and much easier to claim Gift Aid. If you are a taxpayer and give to a charity, including St Timothy’s, Gift Aid allows us to claim back from the Government an additional 25% on top of your donation. In 2020, we received £27,655 in this way.

We also benefited from a Government grant of £8,645 when our paid staff were Furloughed in July and August. And while Hall income did fall dramatically, it still brought in £11,010.

On the expenditure side, Lockdown also meant we spent less on Gas and Electricity (only £7484 compared with £11562 in 2019) and less on maintenance (£3146 compared with £8729 in 2019).

Overall we finished the year with unrestricted income totalling £184,968, against expenditure of £165, 678. So there was a surplus in 2020, despite Covid19, of £19,290. Looking forward, I am happy to report that the finances of St Timothy’s are in good shape. Thank you all again for your generosity and support.

Malcolm Lambert, Priest in Charge.

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St. Timothy’s Church, Crookes

St Timothy’s Church, Crookes

Financial Statements for the year ended 31 December 2020

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St. Timothy’s Church, Crookes

STATEMENT OF THE FINANCIAL ACTIVITES

For the year ended 31 December 2020

Note
INCOME FROM
Voluntary Income
1
Other Voluntary Income Resources
2
Income for Church Activities
3
Activities for Generating Funds
4
Trading Income
5
EXPENDITURE ON
Charitable Giving Grants
6
Activities Directly Related to the Work of the Church
7
Church Hall
8
Salaries
9
Tuesday Social Club
10
Youth and Children’s Ministry
11
Church Management and Administration
12
Governance
13
Net (expenditure)/income
Transfer between funds
Total funds brought forward
Total funds carried forward
Unrestricted
Funds
Restricted
Funds
2020 Total
2019 Total
£
£
£
£
159,166
1,682
160,848
143,469
8,645
5,500
14,145
5,250
982
1,093
2,075
4,425
5,165
-
5,165
18,047
11,010
-
11,010
17,978
184,968
8,275
193,243
189,169
44
2,966
3,010
2,617
81,067
1,321
82,388
80,072
9,491
-
9,491
7,538
42,449
4,694
47,193
46,189
884
-
884
2,864
5,844
-
5,844
15,049
19,841
-
19,841
29,244
6,008
-
6,008
4,321
165,678
8,981
174,659
187,894
19,290
(706)
18,584
1,275
-
-
-
-
67,891
18,407
86,298
85,023
87,181
17,701
104,882
86,298

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St. Timothy’s Church, Crookes

BALANCE SHEET As at 31 December 2020

Note
Current Assets
Cash at bank and in hand
Debtors
14
Total Assets
Creditors
Amount due within 1 year
15
Net Assets
Funds
16
Natter
Asha
Organ
Lighting
Defibrillator
Assigned Fees
Charitable Giving
Community Hub – COVID 19
Xmas Tree Festival
Halls (Designated)
General (Unrestricted)
Unrestricted
Funds
Restricted
Funds
2020 Total
2019 Total
£
£
£
£
83,335
17,701
101,036
76,066
6,496
-
6,496
8,418
89,381
17,701
107,532
84,484
(2,650)
-
(2,650)
1,814
87,181
17,701
104,882
86,298
-
4,665
4,665
9,359
-
4,501
4,501
3,398
-
2,483
2,483
2,483
-
1,500
1,500
1,500
-
1,666
1,666
1,666
-
-
-
1
-
88
88
-
-
2,648
2,648
-
-
150
150
-
18,502
-
18,502
22,107
68,679
-
68,679
45,784
87,181
17,701
104,882
86,298

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St. Timothy’s Church, Crookes

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020

1 VOLUNTARY INCOME

Planned Giving
Collections at Services
Donations
Gift Aid
Total
Unrestricted
£
Restricted
£
2020 Total
£
2019 Total
£
98,813
-
98,813
96,541
1,155
269
1,424
6,741
31,543
1,413
32,956
11,470
27,655
-
27,655
28,717
159,166
1,682
160,848
143,469

2 OTHER VOLUNTARY INCOME

Grants
Donations – TSC
Total
Unrestricted
Restricted
2020 Total
2019 Total
£
£
£
£
8,645
5,500
14,145
5,000
-
-
-
250
8,645
5,500
14,145
5,250

3 INCOME FOR CHURCH ACTIVITIES

Funerals and Weddings
Total
Unrestricted
Restricted
2020 Total
2019 Total
£
£
£
£
982
1,093
2,075
4,425
982
1,093
2,075
4,425

4 ACTIVITIES FOR GENERATING FUNDS

Youth and Children
Tuesday Social Club
Church Activities
Defibrillator
Total
Unrestricted
Restricted
2020 Total
2019 Total
£
£
£
£
4,100
-
4,100
10,236
549
-
549
5,568
516
-
516
595
-
-
-
1,648
5,165
-
5,165
18,047

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St. Timothy’s Church, Crookes

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020

5 TRADING INCOME

Hall
Total
6 CHARITABLE GIVING GRANTS
Christian Aid
Children Society
Remembrance Sunday
Assist
Wednesday Lunch Club
Stop the Traffik
SARAS
TLG
Church Mission Society
Wednesday Lunch Club
A Rocha UK
Snow Project
Church Of St Columbus
Total
Unrestricted
Restricted
2020 Total
2019 Total
£
£
£
£
11,010
-
11,010
17,978
11,010
-
11,010
17,978
Unrestricted
Restricted
2020 Total
2019 Total
£
£
£
£
-
-
-
602
-
-
-
793
-
-
-
224
-
-
-
71
-
-
-
149
-
-
-
180
-
-
-
349
-
-
-
67
-
44
-
-
-
44
182
-
-
49
49
-
-
167
167
-
-
2,750
2,750
-
44
2,966
3,010
2,617

7 ACTIVITIES DIRECTLY RELATED TO THE WORK OF THE CHURCH

Common Fund Giving
Church Event Costs
Assigned Fees
Total
Unrestricted
Restricted
2020 Total
2019 Total
£
£
£
£
77,323
-
77,323
75,732
3,744
227
3,971
2,590
-
1,094
1,094
1,750
81,067
1,321
82,388
80,072

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St. Timothy’s Church, Crookes

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020

8 CHURCH HALL

8 CHURCH HALL
Maintenance
Broadband
Subscriptions
Utilities
Insurance
Total
Unrestricted
Restricted
2020 Total
2019 Total
£
£
£
£
3,522
-
3,522
1,763
34
-
34
123
480
-
480
788
4,078
-
4,078
2,578
1,377
-
1,377
2,286
9,491
-
9,491
7,538

9 SALARIES

9 SALARIES
Administration
Church Cleaning
Youth
Wednesday Lunch Club
Tuesday Social Club
Halls
Natter
National Insurance & Pension
Total
10 TUESDAY SOCIAL CLUB
Cost of events
Total
Unrestricted
Restricted
2020 Total
2019 Total
£
£
£
£
7,444
-
7,444
7,003
3,134
-
3,134
3,336
18,519
-
18,519
17,806
2,555
-
2,555
2,258
853
-
853
753
5,124
-
5,124
5,021
-
4,694
4,694
5,028
4,870
-
4,870
4,984
42,048
4,694
47,193
46,189
Unrestricted
Restricted
2020 Total
2019 Total
£
£
£
£
884
-
884
2,864
884
-
884
2,864

11 YOUTH AND CHILDREN’S MINISTRY

Children & Youth cost of events
Total
Unrestricted
Restricted
2020 Total
2019 Total
£
£
£
£
5,844
-
5,844
15,049
5,844
-
5,844
15,049

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St. Timothy’s Church, Crookes

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020

12 CHURCH MANAGEMENT AND ADMINISTRATION

Clergy and Vicarage Costs
Training
Administrative Costs
Maintenance and Upkeep
Insurance
Utilities
Total
Unrestricted
Restricted
2020 Total
2019 Total
£
£
£
£
1,862
-
1,862
2,029
-
-
-
699
3,600
-
3,600
2,706
3,146
-
3,146
8,729
3,749
-
3,749
3,519
7,484
-
7,484
11,562
19,841
-
19,841
29,244

13 GOVERNANCE

13 GOVERNANCE
Accountancy Fees
Payroll Fees
Audit 2020 Fee
Professional Fees
Total
Unrestricted
Restricted
2020 Total
2019 Total
£
£
£
£
4,412
-
4,412
3,300
346
-
346
521
350
-
350
500
900
-
900
-
6,008
-
6,008
4,321

14 DEBTORS

Prepayments
Trade Debtors
Accrued Income
Total
Unrestricted
Restricted
2020 Total
2019 Total
£
£
£
£
2,320
-
2,320
2,320
506
-
506
1,561
3,670
-
3,670
4,537
6,496
-
6,496
8,418

15 CREDITORS

15 CREDITORS
Creditors due within one year
Total
Unrestricted
Restricted
2020 Total
2019 Total
£
£
£
£
(2,650)
-
(2,650)
1,814
(2,650)
-
(2,650)
1,814

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St. Timothy’s Church, Crookes

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2020

16 RECONCILIATION OF FUND BALANCE

Natter
Asha
Organ
Lighting
Defibrillator
Assigned Fees
Charitable Giving
Community Hub - Covid 19
Xmas Tree Festival
Halls
General Fund
Total
Balance b/f
£
Income
£
Expenditure
£
Balance c/f
£
9,359
-
4,694
4,665
3,398
1,103
-
4,501
2,483
-
-
2,483
1,500
-
-
1,500
1,666
-
-
1,666
1
1,093
1,094
-
-
304
216
88
-
5,500
2,852
2,648
-
275
125
150
22,107
11,010
14,615
18,502
45,784
173,958
151,063
68,679
86,298
193,243
174,659
104,882

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Independent Examiner’s Report to the members of the PCC of St Timothy's Church, Crookes

I report on the accounts of the PCC for the year ended 31 December 2020.

Responsibilities and basis of report

My examination has been carried out in accordance with the requirements of section 145 of the Charities Act 2011 ('the Act') and the Church Accounting Regulations 2006 ('the Regulations').

Independent examiner’s statement

In the course of my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in any material respect the requirements:

  2. to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations

  3. to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations

have not been met, or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Judith McCoy Accountant 32 Clough Grove Oughtibridge Sheffield S35 0JX

25[th ] March 2021