**Registered Charity No** **REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 FOR GLENEAGLES ANGLICAN CHURCH, WELLINGBOROUGH, PAROCHIAL CHURCH COUNCIL** _Page 1_ ## **CONTENTS** ||**Page**| |---|---| |**Report of the Trustees**|**3 to 6**| |**Report of the Independent**|**Examiner7**| |**Financial Statements**|**8 - 12**| |**Appendix**|| |**Reports of Church Groups**|| ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021** The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). ## **OBJECTIVES AND ACTIVITIES Significant activities** The activities are: - Regular public worship open to all - The provision of sacred space for personal prayer and contemplation - The provision of pastoral care, including visiting the sick and the bereaved - Teaching of Christianity through sermons, courses and small groups - Taking of religious assemblies in schools - The provision of a youth club with a Christian ethos - Promotion of Christianity through the staging of events and meetings and the distribution of literature - Promoting the whole mission of the church through provision of activities for senior citizens, parents and toddlers and other special need groups - Supporting other charities in the UK and overseas. ## **Public Benefit** The trustees have had regard to the Charity Commission guidance on public benefit. The trustees believe that the public benefits of the PCC’s work are: The PCC’s charitable objects (Promoting in the ecclesiastical parish the whole mission of the Church) equate to the advancement of religion, which is recognised as a charitable purpose having public benefit. All regular public worship is provided free of charge and open to all. In addition, the PCC’s activities as listed above have further public benefits: for example, teaching and taking assemblies offer advancement of education which is recognised as a charitable purpose having public benefit. Donations to other charities and our own projects provide public benefits in the relief of poverty and need, often for minority groups with particular needs such as the elderly. Any member of the public may take part in Church of England activities and services so benefits are to the whole public. ## **Volunteers** The Trust relies heavily on volunteers and would not be able to function without their generous giving of both time and finances. ## **Achievements and Performance** Reports from all the church groups active within this last year are included as an Appendix to this Report. They are available by way of the church website www.gleneaglesanglicanchurch.co.uk ## **Financial Review** The Church’s principal source of income is the voluntary giving of its members. When this is gift aided, the Church is able to reclaim basic rate income tax on the giving, up to 25% of the net gift. The results for the year are as shown on pages 8-12 in the accounts as prepared by our Independent Examiner. We thank God for His generous provision during 2021, which enabled us to sustain the ministry. We continue to pray that this will continue. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** **REFERENCE AND ADMINISTRATIVE DETAILS** Registered Charity Number 1172631 **Principal address The church meets at** 20 Ribble Close Redwell Primary School Wellingborough Barnwell Road Northants Wellingborough NN8 5XJ Northants NN8 5LQ ## **Trustees** PCC members who have served during the year ended 31 December 2020 and until the date this report was approved. **Vicar** Rev Dawn Airey Chairman **Churchwardens** Jeremy Bullock Vice Chairman Elizabeth Holbrook **Deanery Synod** Heidi Ellson **Reps** Helen Cracknell Treasurer **Elected Members** Jeremy Bullock Jan Bell Marion Darker Heidi Ellson Rob Seaman Jackie Bello **Others (not members of the** Lay Pastoral Sue Suter **PCC)** Minister Licensed Jackie BrooksEvangelist PCC Cheesman Fiona Hon Secretary Clarke Safeguarding Alex Benoy Officer Jeremy Cox Stewardship Marion Darker Officer Electoral Roll Officer **Independent Examiner** Data Developments Stephen Hendry Registered Charity No 1172631 STATEMENT OF TRUSTEES, RESPONSIBILMES The tru5tee5 are responsible for preparing the Report ol the Trustees and financial Statements in accordance with applicable law and Untted Accounting Standards (United Kingdom Generallv AttÈpted Attountin8 Prartiol. ThÈ law applicablè to charities in England and Wales. the Charitie5 Art 2011. Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed ￿quireS the tru5tee5 to prepare financial statements for each financièl year which give a truÈ knd fair view of the state of affairs of the charity and of the incoming rÈ50urtÈs and application of re￿UrCes. including thÈ incotne and expenditure. of the charity for thai period. In preparing those finaniial statements, the trv5tee5 are required to select suitable accounting ￿E1CleS and then èpptylhem Lvns1Stentty.' observethe methodsand principle5 in the CharitySORP.. mèkÈjudgmentsand estimates that are rea50nableand prudent., prepare the financial statements on the going tontÈrn basis Un￿55 it is inappropriate to pre5urne thèt the charitywll continue in bu51nE55. The trustees are responsible for keeping proper accounting records which disclose ￿th reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charitie5 Ad 2011. the Charity IAc£ounts and Reports) Regulat￿n$ 2(X)8 and the provisions of the trust deed. They are also responsible for safeguard¢ng the a55ets of the charity and hence for takin8 reason8ble steps for the prevention and detection of fraud and other Irregularit￿5. Approved byorderofthe board oftrusteeson 9th May 2022. Signed on its behaw by.. RevOawnAi PCC Chairman Page6 ## **INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS/TRUSTEES OF GLENEAGLES ANGLICAN CHURCH, WELLINGBOROUGH, PAROCHIAL CHURCH COUNCIL** ## **Accounts for the year ended 31[st] December 2021** ## **Respective responsibilities of the Trustees and the examiner** The charity’s trustees are responsible for the preparation of the accounts and they consider that an audit is not required for the year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: Examine the accounts under section 145 of the Charities Act to follow the procedures laid down in the general directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention. ## **Basis of the Independent Examiner’s statement** My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required for an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. ## **Independent examiner’s statement** In connection with my examination, no material matter has come to my attention which gives me cause to believe that in, any material respect: Accounting records were not kept in accordance with section 130 of the Charities Act, or the accounts do not accord with the accounting records I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Date: 19[th] April 2022 Signed: Stephen Hendy ## **Statement of Financial Activities** |**Unrestricted**|**Unrestricted**|**Restricted**|**Endowment**|**Endowment**|**Total**| |---|---|---|---|---|---| |||**Prior year**|**funds**||**funds**| |||**funds funds**||**total **|**funds**| |**Receipts**|||||| |Planned giving|39,628|2,094|—|41,722|48,736| |Collections and other giving|14,488|—|—|14,488|20,290| |Other voluntary receipts|680|60|—|740|4,373| |Gift Aid recovered|12,406|1,276|—|13,683|14,322| |Other receipts|415|—|—|415|2,435| |Activities for generating funds|—|17|—|17|3,639| |Investment Income|—|—|—|—|—| |Receipts from church activities|1,663|—|—|1,663|2,111| |**Total income**|**69,282**|**3,447**|**—**|**72,729**|**95,908**| |**Payments**|||||| |Cost of generating funds|—|—|—|—|—| |Missionary and Charitable Giving|3,180|—|—|3,180|6,615| |Parish Share|60,315|—|—|60,315|69,780| |Clergy and Stafng costs|1,234|—|—|1,234|1,340| |Church Running Expenses|5,070|132|—|5,202|9,431| |New Building work|1,144|—|—|1,144|9,087| |Governance Costs|—|—|—|—|—| |**Total expenditure**|**70,944**|**132**|**—**|**71,076**|**96,255**| |**Net income / (expenditure) resources**|**(1,662)**|**3,315**|**—**|**1,653**|**(346)**| |**before transfer**|||||| |**Transfers**|||||| |Gross transfers between funds - in|—|10|—|10|3,197| |Gross transfers between funds - out|(10)|—|—|(10)|(3,197)| |**Other recognised gains / losses**|||||| |Gains / losses on investment assets|—|—|—|—|—| |Gains on revaluation, fxed assets, charity's own|—|—|—|—|—| |use|||||| |**Net movement in funds**|**(1,672)**|**3,325**|**—**|**1,653**|**(346)**| |**Total funds brought forward**|**5,069**|**53,433**|**—**|**58,502**|**58,848**| |**Total funds carried forward**|**3,396**|**56,759**|**—**|**60,155**|**58,502**| |**Represented by**|||||| |**Unrestricted**|||||| |General fund|3,396|—|—|3,396|5,069| |**Restricted**|||||| |Building Fund|—|56,759|—|56,759|53,433| ## **Balance sheet** ## **Total funds Prior year funds** ||**Total funds**
**Prioryear funds**| |---|---| |**Current assets**
Cash at bank and in hand
**Net current assets less current liabilities**
**Total assets less current liabilities**
**Total net assets less liabilities**
**Represented by**
**Unrestricted**
General fund
**Restricted**
BuildingFund
**Funds of the church**|60,155
58,502| ||**60,155**
**58,502**| ||**60,155**
**58,502**| ||**60,155**
**58,502**| ||**60,155**
**58,502**
3,396
5,069
56,759
53,433| ||**60,155**
**58,502**| ## **Fund movement by type** ## **Opening Incoming Outgoing Transfers Gains/losses Closing** |**Building - Building Fund**
Restricted
**Sub-total for Building**
**General - General fund**
Unrestricted
**Sub-total for General**
**Grand total**|53,433
3,447
132
10
—
56,759| |---|---| ||**53,433**
**3,447**
**132**
**10**
**—**
**56,759**
5,069
69,282
70,944
(10)
—
3,396| ||**5,069**
**69,282**
**70,944**
**(10)**
**—**
**3,396**| ||**58,502**
**72,729**
**71,076**
**—**
**—**
**60,155**| ## **Analysis of income and expenditure** ||||||**Total**|| |---|---|---|---|---|---|---| ||**Unrestricted**|**Designated**||**Restricted **|**Endowment**|| ||||**This year**|**Last year**||| |**INCOME AND ENDOWMENTS**||||||| |**Planned giving**||||||| |Gift Aid - Bank|39,570|—|2,094|—|41,664|46,883| |Gift Aid - Envelopes|—|—|—|—|—|316| |Other planned giving|58|—|—|—|58|1,537| |Total|39,628|—|2,094|—|41,722|48,736| |**Collections and other giving**||||||| |Loose plate collections not eligible|—|—|—|—|—|770| |for||||||| |Loose Plate eligibile for gift aid|2,086|—|—|—|2,086|1,148| |Collection giving posted through|200|—|—|—|200|6,860| |letter||||||| |Collection online giving|12,202|—|—|—|12,202|11,512| |Regular gift days|—|—|—|—|—|—| |One-of Gift Aid gifts|—|—|—|—|—|—| |Donations Shed|—|—|—|—|—|—| |Donations Building Fund|—|—|—|—|—|—| |Just Giving|—|—|—|—|—|—| |Christian Aid Collection|—|—|—|—|—|—| |Daylight Centre collection|—|—|—|—|—|—| |Total|14,488|—|—|—|14,488|20,290| |**Other voluntary receipts**||||||| |Carol singing donation|—|—|—|—|—|—| |Refreshments at service|—|—|—|—|—|27| |Adminstrator role|650|—|—|—|650|—| |Donations|10|—|60|—|70|545| |Acts Two Fund|20|—|—|—|20|3,800| |Legacies|—|—|—|—|—|—| |Recurring grants|—|—|—|—|—|—| |One-of grants|—|—|—|—|—|—| |Total|680|—|60|—|740|4,373| |**Gift Aid recovered**||||||| |Tax recoverable on Gift Aid|9,004|—|1,276|—|10,281|14,322| |HMRC money meant for|3,401|—|—|—|3,401|—| |General fund||||||| |Total|12,40|—|1,276|—|13,683|14,322| ||6|||||| |**Other receipts**||||||| |Leaving gift for MP|—|—|—|—|—|1,765| |Leaving Gift AM|—|—|—|—|—|670| |Family in Need|415|—|—|—|415|—| |Youth work residentials|—|—|—|—|—|—| |Insurance claims|—|—|—|—|—|—| |Total|415|—|—|—|415|2,435| ## **Activities for generating funds** Giving Machine — — 17 — 17 117 — — — — — Paypal giving fund 3,391 |Fundraising
—
—
—
—
—
131
Magazine income - advertising
—
—
—
—
—
—
Total
—
—
17
—
17
3,639
**Investment Income**
Bank and building society interest
—
—
—
—
—
—
Total
—
—
—
—
—
—
**Receipts from church activities**
Ignite Income
403
—
—
—
403
494
WOW Income
—
—
—
—
—
—
Wellitots Income
40
—
—
—
40
50
Youth work income
—
—
—
—
—
—
Fees for weddings and funerals
—
—
—
—
—
—
Social events income
1,160
—
—
—
1,160
70
Weekend event @Action Centres
—
—
—
—
—
1,297
Refunds
60
—
—
—
60
200
Freedom Book collection
—
—
—
—
—
—
Total
1,663
—
—
—
1,663
2,111|—
—
—
—
—
131
—
—
—
—
—
—| |---|---| ||—
—
17
—
17
3,639
—
—
—
—
—
—| ||1,663
—
—
—
1,663
2,111| |**INCOME TOTAL**|69,282
—
3,447
—
72,729
95,908| |**EXPENDITURE**||||||| |---|---|---|---|---|---|---| |**Cost of generating funds**||||||| |Fees paid to fund raisers|—|—|—|—|—|—| |Just Giving|—|—|—|—|—|—| |Costs of applying for grants|—|—|—|—|—|—| |Costs of stewardship campaign|—|—|—|—|—|—| |Costs of fetes & other events|—|—|—|—|—|—| |Total|—|—|—|—|—|—| |**Missionary and Charitable Giving**||||||| |Giving to missionary societies|3,180|—|—|—|3,180|3,840| |Christian Aid|—|—|—|—|—|—| |daylight centre donation|—|—|—|—|—|—| |Acts2Fund|—|—|—|—|—|2,775| |Family in Need|—|—|—|—|—|—| |Carol singing expenses|—|—|—|—|—|—| |Total|3,180|—|—|—|3,180|6,615| |**Parish Share**||||||| |Parish Share|60,31|—|—|—|60,315|69,780| ||5|||||| |Total|60,31|—|—|—|60,315|69,780| ||5|||||| |**Clergy and Stafng costs**||||||| |Discretionary Fund
Assistant staf costs|—
—|—
—|—
—|—
—|—
—|—
—| |Working expenses of incumbent|—|—|—|—|—|37| |Vicar's telephone|460|—|—|—|460|460| |Mileage of Incumbant|73|—|—|—|73|255| |Telephone costs of pioneer minister|—|—|—|—|—|298| |working expenses of Pioneer minister|—|—|—|—|—|45| |Mileage of Pioneer Minister
Adminstrator wages
Visiting speakers / locums
Total
**Church Running Expenses**
Education
Parish training and mission
Ignite Expenses
Children's WOW expenses
Youth Work expenditure
Prayer spaces expenditure
Children's work
Church running Expenses
Bank Charges
Refresments at services
Support services
Tax recoverable from Gift Aid
transfer t
Transfer from Building
Fund to General F
Upkeep of services -
candles, communium
PA & IT equipment
Social events
Weekend@Action Centre
Stationery
Gifts
Leaving Gift MP
Leaving Gift AM
Shed expenditure
Fees to Peterborough Finance
Hall hire
Books
Total
**New Building work**
Transfer from General to Building
New building Church
Architect for new church
ADI Building and Refurbishment
Professional Services related to
VAT rec
Building Control
Total
**Governance Costs**
Governance costs
examination/audit fee
Total|—
—
—
—
—
243
700
—
—
—
700
—
—
—
—
—
—
—| |---|---| ||1,234
—
—
—
1,234
1,340
—
—
—
—
—
—
148
—
—
—
148
100
—
—
—
—
—
12
—
—
—
—
—
28
—
—
—
—
—
—
—
—
—
—
—
—
66
—
—
—
66
221
1,753
—
36
—
1,789
1,672
97
—
96
—
193
120
—
—
—
—
—
39
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
47
—
—
—
47
68
—
—
—
—
—
319
1,023
—
—
—
1,023
—
—
—
—
—
—
2,366
73
—
—
—
73
172
100
—
—
—
100
125
—
—
—
—
—
1,650
—
—
—
—
—
580
—
—
—
—
—
—
—
—
—
—
—
—
1,760
—
—
—
1,760
1,955
—
—
—
—
—
—| ||5,070
—
132
—
5,202
9,431
1,144
—
—
—
1,144
1,695
—
—
—
—
—
—
—
—
—
—
—
7,392
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—| ||1,144
—
—
—
1,144
9,087
—
—
—
—
—
—| ||—
—
—
—
—
—| |**EXPENDITURE TOTAL**|70,944
—
132
—
71,076
96,255| ||| |**GRAND TOTAL**|(1,662)
—
3,315
—
1,653
(346)|