11/4/2022
Christ Church Cheylesmore
## Annual Report 2021
The **Parochial Church Council of the Ecclesiastical Parish of Christ Church Cheylesmore, Coventry** , operating within the Diocese of Coventry, is a registered charity number 1172607. Our mission statement is:
**Worshipping God** : Bringing us into a more intimate relationship with Christ; **Making Disciples** : Raising up passionate disciples for Christ; and
**Transforming Communities:** Combatting loneliness, isolation, and the stress of modern life by creating Christ-centred communities.
The year 2021 was overshadowed by the coronavirus pandemic still. Nevertheless, when we stopped to review the year and count our blessings, we realised the extent to which God was active. Hence, our report this year is a counting of our blessings.
## Worshipping God
- Our services moved from pre-recorded audio to live video streaming online. This provision has proven invaluable for maintaining links with the community on Sunday, and also for providing the option for remote attendance at funerals. We also have a library of songs developed and recorded at home studios that we still use today.
- On Palm Sunday, we re-opened the church for in-person attendance.
- Later in the year we were able to bring back live music into the service.
- Our practice of Holy Communion was restarted as well. The pandemic has changed our practice drastically, but positively.
- Wednesday morning prayers using Zoom have become rich spiritually as well as convenient.
- We introduced new leaders into the worship service.
- We introduced a breakfast service on the 3[rd] Sunday of each month and this has proven very popular.
## Making Disciples
- Sunday school restarted in the garden and then moved indoors when restrictions allowed.
- Inspire has maintained a link with our teens.
- A gift day for Fishers raised £36k from the congregation, and with an additional grant of £30k from the diocese, the Fishers project hit its target fundraising.
- Bible study groups have restarted.
- We held a light party too.
## Transforming Communities
- We began renting rooms to The Music Room Coventry who offer music tuition. It was a great joy to see their founders realise their dream of their own music school. Their generosity returned means now we are renting offices to their church and partnering to offer youth worship. God has truly blessed this relationship.
- Tea&Chat restarted with a garden party at the vicarage.
11/4/2022
Christ Church Cheylesmore
- Noah’s Ark restarted on Thursday mornings.
- An online Christmas fair was held again.
- A smashing Christmas lunch was served that included many of our lunch guests.
- We continue to support the Willenhall Foodbank with regular money donations.
## Fabric
- The DAC granted faculty for the removal of the partition behind the pulpit.
## People
- Mary and Roger Lindley become wardens of Christ Church.
- Arthur and Lynn took a sabbatical September to November.
- We said farewell to Doris Savage, Mark Taylor, Doreen Malier, Lynn Dolby, Jayne Crommer, Earnest Dorman, Sylvia Turley, Joan Davis, and Rosemary Osborn.
- We celebrated the marriages of Michelle Stokes and Garry Cheshire, Sharon Kennedy and Ian Coleman, Shiv and John Pithouse.
- We note that in the 2 years of the pandemic, we have not lost anyone to COVID sickness, for which we are very grateful.
- Most importantly, we want to acknowledge all our hard working volunteers who have been helping us recover from the pandemic – THANK YOU!
## Treasurer’s Report
The Independent Examiner’s report on our 2021 accounts is presented to the APCM and we thank Gavin Kibble for his work and advice. In what was another challenging year for everybody we give thanks that our finances have been resilient once again and thank everybody for their faithful stewardship. The accounts show that our unrestricted funds grew from £30,934 to £35,180 and restricted funds increased by almost £10,000, notably through the Palm Sunday Gift Day for the Fisher’s Project and C4 works. A further appeal for Fisher’s elicited further pledges of financial support, as reported above under “Making Disciples”. The bank account also holds PCC designated funds of £32,286 as detailed in the report.
We acknowledge with thanks a £2,500 grant from the All Churches Trust towards the roof security system. We also acknowledge the benefit gained by Wave Utilities writing off much of the water charges that had accumulated over the several years it has taken to resolve our registration, this has saved us in excess of £3000. The financial support for the Food Bank from members of this church have been received with thanks and continues to provide much needed support to the wider community.
In 2021 the PCC approved a reserves policy, which was increased at the start of 2022 in the light of escalating inflation and thus a sum of £30,000 is considered to be a prudent level to ensure the smooth financial management of the church cash flow.
As we look forward to 2022 it is clear that the challenges will continue and we trust that God will continue to bless us financially. Thank you for all you do, in whatever capacity, to financially underpin His work in this community. A special thanks to the finance team,
11/4/2022
Christ Church Cheylesmore
especially Jenny & Sarah. If anybody has any questions or wishes to adjust their financial commitment please feel free to contact me. Tony Price.
## Safeguarding
Our safeguarding representative on the PCC is Pam Price and our Parish Safeguarding Officer is Sarah Neville who has made regular reports to the PCC and maintained the Safeguarding Dashboard. The PCC are not aware of any major incidents that require reporting to the Charity Commission.
## Electoral Roll
The Electoral Roll stood at 88 at the 2021 APCM. At the time of writing, it now stands at 82.
## Conclusion
There is no doubt that 2021 was a difficult year in terms of ministry. Sunday attendance has not recovered and we struggle to find volunteers to run many ministries. However, Christ Church has kept going, making changes as necessary. What is clear from counting our blessings is that God is still leading us forward.
_The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry_
The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry Financial Statements
31 December 2021 Charity Number : 1172607
1
_The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry_
## **The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry**
## **Accounts for the year ending**
**----- Start of picture text -----**
31 [st] December, 2021
Contents Page
Independent Examiners Report 3
Statement of Financial Activities 4
Notes to Financial Statements 6 - 12
**----- End of picture text -----**
2
The Parochial Church Council of the Ecclesiastlcol Parish of Christ Church, Cheylesmore, Coventry
Independent examlnerfs report to the PCC of Chrlst Church. Cheylesmore
I report on the accounts for the year ended 31 December 2021 which are set out on pages 4t0 12.
Respectl¥e responslbllltles of the PCC and the examlner
The PCC consider that an audit is not required for this year under section 144121 of the Char4tie5 Art 2011 Ithe 2011
Act) and that an independent exarnlnation is needed.
It is my re5pon5ibility to
examine the accounts under section 145 of the 2011 A¢t,'
follow the procedures laid down in the General Dirertion$ given by the Charity Commissioner sertion 145
151 Ibl of the 2011 Art; and
State whether particular matter5 have come to my attention.
Basts of Independent Examlfterfs Statement
My examination was carried out in accordance wlth the General Direttions glven by the Charity Commlssion. An
examination includes a review of the accounting records kept by the ¢harlty and a cornparison of the accounts
presented with those records. It also includes considering #ny unusual items or disclosures in the accounts, and
seeking èxplanatlons from the PCC ¢on¢ernln8 any such matter5.The procedures undertaken do not provide all the
ewdence that would be requSred in a full audit, and consequently I do not express an audit opinion on the accounts.
1ndendertt examlnerfs statement
In connertion with my examination. no matters have come to my attention..
iii
whlch give me reasonable cause to believe that in any materlal respect the requlrements
to keep accountlnB records in accordance wlth section 130 of the 2011 Act; or
to prepare accounts which accord with the accountlng records and compw with the acrountlng
requlrements of the 2011 Act
have ntst been met,. or
to which, in my opinion, attentlon should be drawn In order to enable a proper understanding of the
accounts to be 3¢hed.
Gavin Kibble
Moialc Innovate Lt(i
l Kineton Road, Coventry,
CV2 3NR
6 April, 2022
_The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry_
## **Statement of Financial Activities**
For the year ended 31 December 2021
||**Unrestricted**
**Restricted**
**Total**
**Total**|
|---|---|
||**Funds**
**Funds**
**Funds**
**Funds**|
|**Note**|**2021**
**2021**
**2021**
**2020**|
|**Incoming Resources**|**£**
**£**
**£**
**£**|
|Voluntary Receipts
3|72,933
9,530
82,463
115,268|
|Hall Income
4|21,637
-
21,637
15,326|
|Donations from Church Groups
5|378
-
378
1,280|
|Other Receipts
6|7,146
-
7,146
3,125|
|Investment Income
7|10,740
106
10,846
7,733|
|**Total Incoming Resources**|**112,834**
**9,636**
**122,470**
**142,732**|
|||
|**Resources Expended**||
|**Church Activities**||
|Staff Costs
8|641
-
641
6,018|
|Church Office
9|2,280
-
2,280
1,329|
||2,921
-
2,921
7,347|
|**Ministry Areas**||
|General Ministry
10|255
-
255
315|
|Worshipping God
11|1,666
-
1,666
1,982|
|Making Disciples
12|1,289
-
1,289
821|
|TransformingCommunities
13|151
-
151
1,205|
||3,361
-
3,361
4,323|
|**Other Expenditure**||
|External Payments
14|73,230
1,833
75,063
71,482|
|Church Plant
15|26,731
-
26,731
16,548|
||99,961
1,833
101,794
88,030|
|||
|**Total Resources Expended**|**106,243**
**1,833**
**108,076**
**99,700**|
|||
|**Net Incoming Resources**|**6,591**
**7,803**
**14,394**
**43,032**|
|||
|Transfer between funds|(1,662)
1,662
-
-|
|Unrealisedgains/(losses)on investment funds|-
334
334
142|
||4,929
9,799
14,728
43,174|
|||
|Retained reserves brought forward
22|62,537
330,227
392,764
349,590|
|||
|**Retained reserves carried forward**
**22**|**67,466**
**340,026**
**407,492**
**392,764**|
The notes on pages 6 to 12 form part of these financial statements
4
_The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry_
## **Statement of Assets and Liabilities**
As at 31[st] December 2021
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|
|||2021|2021|2021|2020|
||Note|£|£|£|£|
|**Investment Assets**||||||
|Church House|1|-|
275,000|275,000|
275,000|
|COIF CharityInvestment Funds|17|-|
2,688|2,688|
2,354|
|**Total Investment Assets**||**-**|
**277,688**|**277,688**|
**277,354**|
|**Monetary Assets**||||||
|Cash on deposit|16|-|
28,790|28,790|
28,691|
|Cash at bank||67,466|33,548|101,014|
86,719|
|**Total Monetary Assets**||**67,466**|**62,338**|**129,804**|
**115,410**|
|**Total Cash and Investment Assets**||**67,466**|**340,026**|**407,492**|
**392,764**|
|**Assets**||||||
|Gift Aid Recoverable||4,000||4,000|
4,000|
|**Liabilities**||||||
|Sundry Liabilities||350|-|
350|
350|
Approved by the Parochial Church Council on :
_________________________________ A. Price Treasurer
The notes on pages 6 to 12 form part of these financial statements
5
_The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry_
## **Notes to the Financial Statements**
For the year ended 31[st] December, 2021
## **1: Accounting Policies**
## **Basis of Accounting**
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value and at market value in respect of the investment assets . They comply with the Charity ������������������������������������� ed Practice on Accounting by Charities preparing their accounts in accordance with the Financial Reporting Standard (FRS 102) and the Charities Act 2011. All incoming resources and resources expensed are accounted on the receipts and payments basis.
## **Fund Accounting**
General funds comprise the accumulated surplus or deficit on the income and expenditure account. The funds are for use at the discretion of the PCC in furtherance of the general objectives of the Parish.
Designated funds comprise funds that have been set aside at the discretion of the PCC for specific purposes.
Restricted funds are funds subject to specific restricted conditions imposed by donors.
## **2: Investments**
Investments are stated at market value. The property is currently used as an investment and generates income for the church. A valuation carried out by the PCC in 2020 indicates its current open market value is £275,000.
6
_The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry_
## **Notes to the Financial Statements (continued)**
## For the year ended 31[st] December, 2021
|**3 Voluntary Receipts**
Gift Aid
Collections for other causes
Tax Recovered
GASDS Gift Aid
Donations for church resources
Restricted Income (Gift Aid)
Restricted Income (No Gift Aid)
Grants received (Restricted)
Lunch Club
Non Gift Aid Env & SO
**4 Hall Income**
Regular Lettings
Office Rentals
Private Bookings (One off)
**5 Donations from Church Groups**
Making Disciples
Transforming Communities
**6 Other Receipts**
Fees to PCC
Invoices for services used
Photocopier Printing Income
Other Income
Fees payable to Diocese
Fees payable to Officiants
7 **Investment Income**
Investment Property
Interest and Dividends from Investments|**Unrestricted**
**Restricted**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**2021**
**2021**
**2021**
**2020**
**£**
**£**
**£**
**£**
46,249
1,460
47,709
48,408
624
40
664
544
13,710
-
13,710
18,305
2,810
10
2,820
2,937
-
-
-
27,161
-
6,595
6,595
1,266
-
325
325
3,133
2,500
-
2,500
0
-
-
-
1,150
7,040
1,100
8,140
12,364|
|---|---|
||72,933
9,530
82,463
115,268|
||16,783
-
16,783
11,310
240
-
240
2,372
4,614
-
4,614
1,644|
||21,637
-
21,637
15,326|
||-
-
-
930
378
-
378
350|
||378
-
378
1,280|
||1,373
-
1,373
131
263
-
263
263
308
-
308
285
3,457
-
3,457
2,290
1,505
-
1,505
136
240
-
240
20|
||7,146
-
7,146
3,125|
||10,740
-
10,740
7,454
-
106
106
279|
||10,740
106
10,846
7,733|
|||
7
_The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry_
## **Notes to the Financial Statements (continued)**
For the year ended 31[st] December, 2021
**----- Start of picture text -----**
Unrestricted Restricted Total Total
Funds Funds Funds Funds
2021 2021 2021 2020
8 Staff Costs £ £ £ £
Clergy Expenses 558 - 558 842
Other Staff Costs 83 - 83 50
- - -
Youth Worker (Contracted PAIS) 5,126
- - - -
PAIS Coventry
641 - 641 6,018
9 Church Office
Office Stationary & Paper 111 - 111 54
Photocopier - rental 567 - 567 394
Photocopier - printing 495 - 495 73
Telephone 605 - 605 602
Office Equipment 52 - 52 179
Other Office Expenses - - 0 27
Deposit Refunds 450 - 450 -
2,280 - 2,280 1,329
10 General Ministry
Refreshments (Tea & Coffee) 106 - 106 106
Publicity & Communication 149 - 149 209
255 - 255 315
11 Worshipping God
Sound Team/PA 81 - 81 931
Music Group 799 - 799 784
Worship Supplies 786 - 786 238
All Age Worship - - - 29
1,666 - 1,666 1,982
12 Making Disciples
Children & Youth 83 - 83 711
Alpha Course 230 - 230 -
House Groups 48 - 48 52
Evangelism 928 - 928 -
PAIS (Non-Staff) - - - 51
Making Disciples Training - - - 7
1,289 - 1,289 821
**----- End of picture text -----**
8
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_The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry_
## **Notes to the Financial Statements (continued)**
For the year ended 31[st] December, 2021
|**16**
**Building society deposits**
Christ Church building fund
General repairs fund
In memory of Joan Thompson
In memory of Chris Woodward (children's work)
The Wright legacy
The Lea Legacy
**17**
**COIF Charities investment funds**
The George Worton Charity
The Lea Legacy
**18**
**Christ Church building fund**
Fund balance at 1st January
Interest received
Fund balance at 31st December
**19**
**The Wright Legacy**
Fund balance at 1st January
Interest received
Fund balance at 31st December
**20**
**The George Worton Charity**
**COIF Charities investment funds**
Investment value at 1st January
Interest received
Increase/(decrease) in value during the year
Transfer to current account
Investment value at 31st December|**£**
**£**
**£**
**£**
9,387
9,351
14,030
14,030
83
23,500
83
23,464
4,158
4,158
1,132
1,069
28,790
28,691
260
228
2,428
2,126
2,688
2,354
23,464
23,289
36
175
23,500
23,464
4,158
4,128
30
4,158
4,158
Units
Units
12.66
228
12.66
214
7
7
32
14
(7)
(7)
12.66
260
12.66
228
2021
2020|**£**
**£**
**£**
**£**
9,387
9,351
14,030
14,030
83
23,500
83
23,464
4,158
4,158
1,132
1,069
28,790
28,691
260
228
2,428
2,126
2,688
2,354
23,464
23,289
36
175
23,500
23,464
4,158
4,128
30
4,158
4,158
Units
Units
12.66
228
12.66
214
7
7
32
14
(7)
(7)
12.66
260
12.66
228
2021
2020|
|---|---|---|
||Units
12.66
12.66||
|**21**
**The Lea Legacy**
**COIF Charities investment funds**
Investment value at 1st January
Dividends received
Increase/(decrease) in value during the year
Transfer to building society account
Investment value at 31st December
**Coventry Building Society account**
Fund balance at 1st January
Interest received
Transfer from COIF Account
Fund balance at 31st December
**Total Lea Legacy**|Units
118.04
118.04|Units
2,126
118.04
1,998
62
62
302
128
(62)
(62)
2,428
118.04
2,126
1,069
1,002
1
5
62
62
1,132
1,069
3,560
3,195|
10
_The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry_
## **Notes to the Financial Statements (continued)**
For the year ended 31[st] December, 2021
|**22 **|**Movement of Funds**
Balance at
01/01/2021
Income
Expenditure
Transfers
Unrealised
gains on
investments
Balance at
31/12/21
£
£
£
£
£
£
**Restricted Funds:**
Property Fund
275,000
-
-
-
-
275,000
Church Building Repairs Fund
23,464
36
-
-
-
23,500
The Wright Legacy
4,158
-
-
-
-
4,158
The Lea Legacy
3,195
63
-
-
302
3,560
The George Worton Charity
228
7
-
(7)
32
260
PAIS
3,093
-
-
-
-
3,093
Fishers Project
650
3,627
(27)
701
-
4,951
Music Group
120
-
-
-
-
120
Compassion Fund
109
-
-
-
-
109
Lunch Club
3,534
-
-
-
-
3,534
Diamond Fund
16,536
-
-
-
-
16,536
C4 Windows
-
4,173
(56)
968
5,085
Foodbank
140
1,730
(1,750)
-
-
120|
|---|---|
||**Total Restricted Funds**
**330,227**
**9,636**
**(1,833)**
**1,662**
**334**
**340,026**|
||**Designated Funds**
Noah's Ark
3,023
448
(383)
-
-
3,088
Messy Church
1,419
-
-
-
-
1,419
Tea and Chat
-
378
(60)
300
-
618
D Jones Legacy (Fisher Project)
27,161
-
-
-
-
27,161|
||**Total Designated Funds**
**31,603**
**826**
**(443)**
**300**
**-**
**32,286**|
||**Unrestricted Funds**
30,934
112,008
(105,800)
(1,962)
-
35,180|
|||
||**Total Funds**
**392,764**
**122,470**
**(108,076)**
**-**
**334**
**407,492**|
## **Restricted and Designated Funds :**
- Property Fund : The Lodge valuation
- Church Building Repairs Fund : Upkeep and maintenance of the church building.
- The Wright Legacy: Maintaining the fabric of the buildings.
- The Lea Legacy: Repair, maintenance and sustentation of the buildings.
- The George Worton Charity: Conducting divine worship and 10s 0d for the cleaning of the church.
- PAIS: Funding for our youth worker interns.
- Fishers Project: Development project for a proposed young adult � s residential scheme utilising the Lodge.
- �����������������������������������
- Music Group: Support for the musicians leading worship.
- Messy Church: Family-centred worship.
- Compassion Fund: Support for those in financial need.
- Lunch Club: A weekly meal and fellowship for the elderly in the community operated in partnership with the Langley House Trust.
- Diamond Fund: Established on the 60[th] Anniversary to support the development of Christ Church.
- Foodbank : Funds collected for and donated to Coventry foodbank
- Tea and Chat : Group for older residents in the local area
- C4 Windows : Window replacement in the church centre.
11
_The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry_
## **Notes to the Financial Statements (continued)**
For the year ended 31[st] December, 2021
## **23 Trustees Remuneration**
The Charity Trustees were not paid or received any other benefits from employment with the Charity in the year neither were they reimbursed expenses during the year (2020: nil). No charity trustee received payment for professional or other services supplied to the charity during the year (2020: nil).
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The Parochial Church Council of the Ecclesiastlcol Parish of Christ Church, Cheylesmore, Coventry
Independent examlnerfs report to the PCC of Chrlst Church. Cheylesmore
I report on the accounts for the year ended 31 December 2021 which are set out on pages 4t0 12.
Respectl¥e responslbllltles of the PCC and the examlner
The PCC consider that an audit is not required for this year under section 144121 of the Char4tie5 Art 2011 Ithe 2011
Act) and that an independent exarnlnation is needed.
It is my re5pon5ibility to
examine the accounts under section 145 of the 2011 A¢t,'
follow the procedures laid down in the General Dirertion$ given by the Charity Commissioner sertion 145
151 Ibl of the 2011 Art; and
State whether particular matter5 have come to my attention.
Basts of Independent Examlfterfs Statement
My examination was carried out in accordance wlth the General Direttions glven by the Charity Commlssion. An
examination includes a review of the accounting records kept by the ¢harlty and a cornparison of the accounts
presented with those records. It also includes considering #ny unusual items or disclosures in the accounts, and
seeking èxplanatlons from the PCC ¢on¢ernln8 any such matter5.The procedures undertaken do not provide all the
ewdence that would be requSred in a full audit, and consequently I do not express an audit opinion on the accounts.
1ndendertt examlnerfs statement
In connertion with my examination. no matters have come to my attention..
iii
whlch give me reasonable cause to believe that in any materlal respect the requlrements
to keep accountlnB records in accordance wlth section 130 of the 2011 Act; or
to prepare accounts which accord with the accountlng records and compw with the acrountlng
requlrements of the 2011 Act
have ntst been met,. or
to which, in my opinion, attentlon should be drawn In order to enable a proper understanding of the
accounts to be 3¢hed.
Gavin Kibble
Moialc Innovate Lt(i
l Kineton Road, Coventry,
CV2 3NR
6 April, 2022