The Team Parish of Christ the King, Newcastle
St Aidan’s Brunton Park District Church Council
Accounts for the Year ended 31 December 2021
Team Parish of Christ the King
St Aidan’s Church, Brunton Park
Treasurer’s Report on the Accounts for the Year ended 31 December 2021
The 2021 accounts are set out on the following pages:
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Receipts and payments account for the year ended 31 December 2021
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Balance sheet at 31 December 2021
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Notes to the accounts – additional detail
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Independent examiner’s report
The accounts are split into three parts:
Unrestricted Funds – general fund (net income £36, in effect break-even)
Unrestricted Funds – special funds (net expenditure £1,420)
Restricted Funds (net expenditure £124)
The general fund covers all the day-to-day income and expenditure of the DCC.
Our main source of income is planned giving, and, as in 2020, this held up extremely well. Inevitably, most other sources of income, including collections at services, fundraising (the only fundraising event was the Christmas market) and hall lettings, were again well below pre-pandemic levels. The loss of income from hall lettings was, however, in effect covered by two Covid grants from Newcastle City Council.
The overall reduction in income was largely offset by reduction in expenditure, particularly on building maintenance, where very little was spent, and, with less use of the buildings, gas and electricity. One major item of expenditure during the year was the purchase of a replacement photocopier.
The general fund balance at the end of the year was therefore more or less unchanged at £18,191, which is a reasonable level of working capital, broadly covering three months’ general expenditure.
However, although a break-even in what was another exceptional year was undoubtedly a satisfactory outcome, the underlying position gives rise to considerable concern. The Covid grants will not recur, the level of hall lettings has not yet returned to its pre-Covid level, and the reductions in expenditure, to some extent associated with the vacancy, are unlikely to be repeated. This will need to be addressed during 2022.
The special funds are funds from major unrestricted legacies and money given in memoriam, used for expenditure of a capital type or major repairs not covered within the day-to-day budget. These are formally part of unrestricted funds and can be used at the discretion of the DCC – they are only shown separately for presentational purposes.
Expenditure approved by the DCC and charged to the in memoriam fund during the year was £940 for repolishing of the altar and font and refurbishment of the paschal candle holder, and £480 for work to the garden alongside the north wall of the church. The balances on these funds at the end of 2021 were:
Legacy Fund £72,962
In memoriam fund £3,197.
Restricted funds are funds that can only be spent on the specific purposes for which money has been given or raised. Expenditure charged to the restricted fund Parish Mission and Development fund, which derives from the collection at the 75th anniversary service in December 2019, was £124 associated with establishing the Youth Group. The balance at the end of 2021 was £239.
I am most grateful to everyone who has continued to support St Aidan’s financially during 2021, as well as to the City Council for their grants.
The accounts have again been independently examined by John Oswald of Stephenson Coates Audit Ltd. Thanks are due to him, and also again to Howard Cleeve for his meticulous work in maintaining the planned giving records and making the gift aid claims.
The accounts will now be combined with the other DCC accounts into aggregated PCC accounts for approval by the PCC and submission to the Annual Parochial Church Meeting in April.
Ken Newitt Treasurer
March 2022
Team Parish of Christ the King
St Aidan's DCC
Receipts and Payments from 1 January 2021 to 31 December 2021
| 2020 £ 37,952 1,074 564 0 5,000 11,499 10,000 0 10,169 0 1,054 4,141 -2,297 2,715 2,131 735 -735 |
Receipts Receipts from Donations and Legacies 1 Planned giving 3 Service collections (Sundays) 3 Special services collections retained by DCC 4 Other giving and voluntary receipts (recurring) 5 Other giving and voluntary receipts (non-recurring) 6 Gift aid recovered 7 Legacies 8 Grants received (recurring) 8a Grants received (n/r) 9 Gross Receipts from Fundraising Activities 10 Receipts from Investments Receipts from Church Activities: 11 Statutory fees (gross) 11 Less paid to DBF, retired clergy, organist etc 12 Gross Receipts from Trading 13 Other Receipts Special Collections for other charities etc Less special collections paid over TOTAL RECEIPTS |
Restricted General Fund Special Funds TOTAL 2021 2021 2021 2021 £ £ £ £ 38,203 38,203 658 658 774 774 0 0 2,745 2,745 8,767 8,767 0 0 0 0 9,720 9,720 990 990 437 437 3,766 3,766 -2,181 -2,181 1,929 1,929 569 569 497 497 -497 -497 Unrestricted Funds |
|---|---|---|
| 83,999 | 66,379 0 0 66,379 |
| 2020 £ 61 1,405 42,022 6,760 1,715 2,993 14,110 2,722 0 0 0 5,128 4,505 |
Payments 17 Fundraising activities costs and payments Church Activities: 18 Mission giving and donations 19 Parish share 20 Salaries and wages 21 Clergy and staff expenses: Church Expenses: 22 Mission and evangelism 23 Church running costs: 24 Church utility bills 25 Costs of Trading Major Capital Expenditure: 27 Major repairs to church building 28 Major repairs to church hall/other property 29 Major new work/alterations/extensions 99 Other Payments TOTAL PAYMENTS Overall Surplus/(Deficit) Transfers between funds Net Receipts/(Payments) Balance b/f at 1 January Balance c/f |
Restricted General Fund Special Funds TOTAL 2021 2021 2021 2021 £ £ £ £ 52 52 1,253 1,253 42,022 42,022 6,482 6,482 1,211 1,211 54 124 177 12,988 1,420 14,408 2,211 2,211 0 0 0 0 0 0 0 0 70 70 Unrestricted Funds |
|---|---|---|
| 81,421 | 66,343 1,420 124 67,887 |
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| 2,578 2,578 93,518 |
36 -1,420 -124 -1,508 0 0 0 0 36 -1,420 -124 -1,508 18,155 77,579 363 96,096 |
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| 96,096 | 18,191 76,158 239 94,588 |
St Aidan's DCC
Notes to the Receipts and Payments Accounts, 2021
| Line No Receipts 3 Special services collections retained by DCC Baptisms Other 5 Donations and Other Giving Flowers Teas and coffees Votive candles Saturday café Donations after baptisms/funerals Christmas Other donations 9 Receipts from Fundraising Activities Christmas market 12 Gross income from trading activities Hire of Hall Special Collections for other charities etc Royal British Legion - Poppy Appeal Christian Aid - Big Brekkie Children's Society - Christingle Salvation Arny - Carols on the Green Other Payments 17 Fundraising activities costs and payments Gift Aid/Stewardship scheme 18 Mission giving and donations Saturday café Christmas charities Other (top-ups) 21 Clergy and staff expenses Incumbent's working expenses Vicarage expenses 22 Mission and evangelism Sunday school/Informal service Youth Group 23 Church running costs Insurance Building maintenance Grounds maintenance Cleaning Flowers Costs of services Organist fees Printing, stationery and office equipment Telephone/broadband and postage IT Other church running costs 24 Church utility bills Electricity Gas Water |
General Fund Special Funds Restricted Funds £ £ £ 759 15 |
|---|---|
| 774 - - |
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| 20 504 134 617 120 575 775 |
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| 2,745 0 0 |
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| 990 0 0 |
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| 1,929 0 0 |
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| 68 59 77 283 10 |
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| 497 - - |
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| £ £ £ 52 0 0 |
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| 600 600 53 |
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| 1,253 - - |
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| 224 987 |
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| 1,211 - - |
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| 54 - 124 |
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| 54 - 124 |
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| 1,909 127 1,408 480 3,027 27 1,088 990 1,830 627 426 1,530 940 |
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| 12,988 1,420 - |
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| 584 1,521 106 |
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| 2,211 - - |
Independenl examiner's report to the member5 of the D18tri¢t Church Coun¢il of St AidAn'8 Church, Brnllton Park I rew)rt to the members on my examination of the accounts of the Churcty prepared on a receipts and payments basis. for the year ended 31 December 2021. ResponS7blI1es and basis ofreport As eMberS of tbe Distiict Church Council you ttre restM)nsible for the preparation of the aLYOUTts in accordance with the requirements of the ChaTiti¢s Act 2011 {'the 201 l Act.). You consider that th¢ audii requirements of section 144 of tbe 2011 Aet do not apply and that an Inde[dent ex8mitwtion is required. Having satisfied myself that the a¢counts are not rquid to k audite¢ I rerK)rt in respect of my examination of the accouTtts as Tled out under section 145 of the 201 l Act. In carrying out my examination I have followed the Directi¢)ns given by the Chatity Commission uttd¢r section 145(5)(b) ofthe2011 Ad. Independenl &wminer's report I Gonfirni that I am qualified to undertske the examination because I am a of th¢ Instituk of CharteJEd Accountsnts in England and Wates. I have completed my examitiation. I confm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respt. l) accoun¢ing CordS were not kept ill accordance with section 130 of the 2011 kn,. or 2) the accounts do not with those accounting records. I have no concerns and bave come across no other lltterS in connection with the examination to which attention should b¢ drnwn in thi8 rq)ort in onkn to enable a proper understanding of the a¢counts lo be reached. John 0sIV41d BA FCA Stephen$on Coates Audlt Llmited Chartered accountants Wcst 2 Asama Court Newcastle Business Park Newcastle urrt)n Tyne NE4 7YD IS March 2022