# **Annual Report and Financial Statements of the Parochial Church Council of The Holy Evangelists, Hanley Known as Hanley Team Ministry** **For the year ended 31[st] December 2021** _**Charity registration number: 1176032**_ ## **The Parochial Church Council of The Holy Evangelists, Hanley Trustees’ Annual Report for the year ended 31[st] December 2021** _**Charity registration number: 1176032**_ ## **Objectives and Activities** The Parochial Church Council (the PCC) of the Hanley Team Ministry, has the responsibility of cooperating with the incumbents of the five Churches which it serves, namely St. Mark’s Church, Shelton with Etruria, St. Like’s Wellington, St. Matthew’s Birches Head, Holy Trinity Northwood and Christ Church Cobridge, in the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC meets four times during the year and is very well attended at all times. When planning our activities for the year, we have considered many things for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through: • Worship and prayer; learning about the Gospel; and developing their knowledge and trust in Jesus. - Provision of pastoral care for people living in the parish. - Missionary and outreach work. - As well as our regular services, we enable our community to celebrate and thank God at the milestones of the journey through life. Through baptism we thank God for the gift of life, in marriage public vows are exchanged with God’s blessing and through funeral services friends and family express their grief and give thanks for the life which is now complete in this world and to commend the person into God's keeping. - Through our mission work we are able to support charities at home and abroad and this will continue to be an active part of our worship within all of our churches. We offer support to Friends of Lichfield, North Staffs Historic Churches Trust and Church Building Soc. - It is becoming increasingly difficult, in the present financial climate, to pay our Parish Share in full, but through prayer in our Lord’s goodness and the generosity of our congregations, we hope to be able to achieve this. ## **Public Benefit** The trustees of the PCC are aware of the Charity Commission’s guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of The Holy Evangelists, Hanley it helps to promote the whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by: - Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers; and - Promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole. It has been another interesting year with various lockdowns and restrictions due to the ongoing worldwide pandemic. We continued to provide services online by Zoom to enable 2 people to still join in with weekly worship. Once the restrictions were eased, a Sunday service was provided at Holy Trinity for those who felt able to attend, and the online alternative remained for those who couldn’t. Zoom continues to be an integral part of our worship as we live with restrictions. ## **Financial Review** In 2021 we tried to fulfil our obligation to the Diocese with the Parish Share, but were £5,228 short of our target at 31.12.2021. Total unrestricted income for the year was £63,375 (2020: £78,982) and the unrestricted expenditure after transfers was £68,141 (2020: £61,334), giving an unrestricted shortfall of £4,766 (2020: surplus £17,652). Due to the on-going Covid-19 worldwide pandemic, expenditure has continued to be lower than expected, as has income too. We received some legacies during the year which have helped to boost our income. Within restricted funds we still hold ring-fenced funds for Youth Work, Secretarial Work for the Rector, a Bursary Fund which is administered at the Rector’s discretion, and there is also the sum of mone **y,** held under the Staff Discretionary Fund. In the CBF account is a restricted sum of money which forms the Diocesan Admin/Secretary Fund **.** In the Internal Decorating Scheme there is £3,886 which is also held by the Diocese. The St. John’s Fund continues to support the work of Friends of Lichfield, North Staffs Historic Churches Trust and Inc Church Building Soc to the total of £100 per year. Funds held will enable us to continue this support of these charities for a further three years. ## **Reserves Policy** It is PCC policy to try to maintain a balance on unrestricted free reserves (net current assets) which equates to at least three months unrestricted payments. This is equivalent to £16,973 before transfers. It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves, including designated, at the year-end was £42,621 (2020 £46,658) which is substantially higher than this target. The PCC will be considering re-looking at their reserves policy in light of this. ## **Safeguarding** The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults). ## **Reporting Serious Incidents** A Serious Incident is an adverse event, whether actual or alleged, which results in or risks significant harm to the charity’s beneficiaries, employees, office holders, volunteers or to others who come into contact with the charity through its work, loss of the charity’s money or assets, damage to the charity’s property or harm to the charity’s work or reputation. The trustees are not aware of any Serious Incidents in the last year. ## **Fundraising** The PCC takes it’s fundraising responsibilities seriously and is very grateful to all donors – whether regular or occasional – for their support of the church and church events. PCC supporters are never taken for granted. The PCC take full responsibility for fundraising and do not use commercial organisations or professional fundraisers. All money raised is either by donations, fundraising events, special appeals or legacies for which the PCC are most grateful. ## **Volunteers** 3 The members of the PCC would like to thank all the volunteers who work so hard to make our Church a lively and vibrant community. Our especial thanks go to our Parish Wardens, and District (deputy) Wardens and Parish and District Treasurers. ## **Risk Management** The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for potential hazards. We have safeguarding policies in place for child protection and for work with vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are reviewed annually to ensure adequate cover. An informal review of any new risks which may impact the work of the Church in the Parish is ongoing. ## **Structure, Governance and Management** The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure (1956) as amended that came into effect on 2[nd] January 1957, and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended). The method of appointment of the PCC members is set out in the Church Representation Rules. The Council comprises the Team Rector, any team vicars and curates in post, the Parish Wardens, a representative of the Readers, those elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral Roll. The PCC members receive training from courses run by the Diocese. Members of the congregation are always urged to join the Electoral Roll, and to stand for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. The PCC met five times in the year. As the Parish is constituted as a team ministry the PCC delegates such activities as are allowed by its Rule 18 Scheme to district church councils, one for each of the five churches. There is a Standing committee which has power to transact the business of the PCC between meetings subject to the direction of the PCC, ## **Related Parties** ## **Donations from Related Parties** Donations from related parties during the year totalled £ 7,256 (2020: £8,058). All these donations were received without conditions. ## **Remuneration paid to Trustees** The Diocese provided the stipends and accommodation of the Team Rector, the Team Vicars, stipendiary curate and pastoral worker. None of the trustees have been paid any remuneration or received any other benefits from employment with the PCC. ## **Expenses paid to Trustees** Three clergy trustees were reimbursed £1,221 (2020 £1,139) for travel, burglar alarm and subsistence during the year. ## **Reference and Administrative details** The Hanley Team PCC is made up of representatives its five churches. There is also a Parish Hall, which is a subsidiary of Holy Trinity church, Northwood. Each church has a separate District Church Council (DCC). Details of the five churches and parish hall are as follows: - St. Mathew’s, Birches Head: Birches Head Rd, Birches Head, Stoke-on-Trent, ST1 6LH - Christ Church, Cobridge: Emery St, Stoke-on-Trent, ST6 2J - St. Luke’s, Hanley: Wellington St, Stoke-on-Trent, ST1 3PX - Holy Trinity, Northwood: Lower Mayer St, Stoke-on-Trent, ST1 2EA 4 - St. Mark’s, Shelton: Broad Street, Shelton Stoke-on-Trent, ST1 4LR and - Northwood Parish Hall: 88 Keelings Rd, Stoke-on-Trent, ST1 6PB The Churches making up the Hanley Team Ministry are in the Deanery of Stoke on Trent, in the Diocese of Lichfield. The correspondence address is Rev Phillip Jones, Team Rector, 35 Harding Road, Stoke-on-Trent, ST1 3BQL, Tel: 01782 922540, Email: revphillip.e.jones@outlook.com Registered charity number 1176032. Our website address is: https://www.hanleyteamministry.org/ PCC members who have served from 1[st] January 2021 until the date this report was approved were **:** **Ex Officio Members The Incumbent** The Reverend Phillip Jones (Chairman) **Curate** Rev Julie Birkin (from 20 June 2021) **Pastoral Minister** Mary Chanot (PCC Secretary) **Parish Wardens** Angus Paterson (PCC Treasurer) Derek Durber **Deanery Synod Reps** John Bennion Graham Foxley (Vice Chair) Norman Tatton June Tatton Brenda Hughes Derek Durber (from 23 May 2021) Maggie Bradley (from 23 May 2021 **Elected Members** Les Davis Peter Shore Paul Sherratt Des Cotton Maureen Cotton Jenny Wiggins Lynne Ball ## **Names and addresses of advisers** **Bank** NatWest 1 Upper Market Square Hanley Stoke-on-Trent ST1 1NS **Independent** Jonathan Hill **Examiner** Lichfield Diocesan Board of Finance St Marys House, The Close, Lichfield WS13 7LD Approved by the PCC on ……………………… 2022 and signed on its behalf by: ………………………………. ………………………………. Reverend Phillip Jones (Chairman) Mary Chanot (Secretary) 5 ## **Independent Examiner’s report to the trustees/members of The PCC of Hanley The Holy Evangelist** Registered charity number: 1176032 I report on the accounts for the year ended 31[st] December 2021 which are set out on the following pages. ## **Respective responsibilities of the Trustees and Independent Examiner** The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section 144 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 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 those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in 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 matters have 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 with the accounting records - the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. 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. Signed: ………………………………………….. Jonathan Hill FCMA CGMA Lichfield Diocesan Board of Finance St Marys House, The Close, Lichfield. WS13 7LD Date: ………………………………… 6 **The Parochial Church Council of Hanley The Holy Evangelist Financial Statements for the Year Ended 31[st] December 2021** ## **Accounting Policies** The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations' "true and fair view" provisions. They have also been prepared in accordance with the Charities SORP (FRS 102). The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members. There may be minor discrepancies in the totals as the pence are not being shown. ## **Cashflow Statement** The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a Cash flow statement on the grounds that the income does not exceed £500,000. ## **Going Concern** There are no material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern. ## **Accounting Estimates and Prior Year Errors** No changes to accounting estimates have occurred in the reporting period. No material prior year errors have been identified in the reporting period. ## **Description of Funds** **Unrestricted funds** are income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its "free reserves" as disclosed in the trustees' annual report. **Restricted funds** comprise of two elements: a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest b) donations or grants received for a specific object or 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. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. **Endowment funds** are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts. ## **Income** Planned giving, collections and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be measured with sufficient reliability. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and the monetary value can be measured with sufficient reliability. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross. 7 ## **Expenditure** Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross. ## **Governance and Support Costs** Support costs should be allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the PCC and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources eg by allocating staff costs by time spent and other costs by their usage. ## **Fixed Assets** Consecrated and benefice property is not included in the accounts by s.10(2)(a)&(C) of the Charities Act 2011. Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. ## **Investments** Investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at market value at the year end. Investments held for re-sale are treated as current asset investments. ## **Debtors** Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash expected to be received. ## **Creditors and Accruals** Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount required to settle the obligation at the reporting date. 8 **The Parochial Church Council of Hanley The Holy Evangelist Financial Statements for the Year Ended 31[st] December 2021** ## **Statement of Financial Activities** |**UnrestrictedDesignatedRestrictedEndowment**
**TotalPrior year**
**funds**
**funds**
**funds**
**funds**
**funds**
**total**
**funds**|**UnrestrictedDesignatedRestrictedEndowment**
**TotalPrior year**
**funds**
**funds**
**funds**
**funds**
**funds**
**total**
**funds**| |---|---| |**Income and endowments from:**|| |Donations and legacies|44,648
—
129,509
—
174,160
181,126| |Income from charitable activities|12,555
—
—
—
12,555
11,007| |Other trading activities|6,088
—
—
—
6,088
6,754| |Investments|63
5
683
0
751
224| |Other income|—
—
—
—
—
451| |**Total income**|**63,354**
**5**
**130,192**
**0**
**193,554**
**199,562**| ||| |**Expenditure on:**|| |Raising funds|—
—
—
—
—
105,682| |Expenditure on charitable activities|67,891
—
147,130
—
215,021
72,657| |**Total expenditure**|**67,891**
**—**
**147,130**
**—**
**215,021**
**178,339**| ||| |**Net income / (expenditure) resources**
**before transfer**|**(4,537)**
**5**
**(16,938)**
**0**
**(21,467)**
**21,223**| ||| |**Transfers**|| |Gross transfers between funds - in|—
—
250
—
250
—| |Gross transfers between funds - out|(250)
—
—
—
(250)
—| |**Other recognised gains / losses**|| |**Net movement in funds**|**(4,787)**
**5**
**(16,688)**
**0**
**(21,467)**
**21,223**| ||| |**Total funds brought forward**|**47,408**
**5,280**
**39,296**
**12,666**
**104,648**
**83,425**| ||| |**Total funds carried forward**|**42,621**
**5,284**
**22,608**
**12,666**
**83,181**
**104,648**| ||| |**Represented by**|| ||| |**Unrestricted**|| |General Fund|42,621
—
—
—
42,621
47,408| ||| |**Designated**|| |St Luke - Insurance|—
1,600
—
—
1,600
1,600| |St Matthew Fabric Designated Fund|—
3,684
—
—
3,684
3,680| ||| |**Restricted**|| |Holy Trinity - Hall Heaters|—
—
(420)
—
(420)
—| |St Luke - Education Trust|—
—
515
—
515
—| |St Luke - Kitchen Fund|—
—
1,104
—
1,104
1,104| |St Luke - Restoration Fund|—
—
1,850
—
1,850
1,850| |St Mark - Building Restricted|—
—
3
—
3
3| |St Mark - Choir Restricted|—
—
166
—
166
166| |St Mark - Creche Restricted|—
—
34
—
34
34| |St Mark - Mission Restricted|—
—
364
—
364
364| |St Mark - Mortimer Power Restricted|—
—
146
—
146
146| |St Mark - Vigars Charity Restricted|—
—
212
—
212
212| |St Marks Regeneration Project|—
—
8,394
—
8,394
24,495| |St Matthew CIF Grant Restricted Fund|—
—
506
—
506
506| |Team - Bursary Fund|—
—
214
—
214
214| |Team - Interior Decorating Scheme|—
—
3,886
—
3,886
4,568| |Team - Secretarial Fund|—
—
5,327
—
5,327
5,327| |Team - Staf Fund|—
—
144
—
144
144| |
Team - Youth Work|—
—
164
—
164
164| ||| |**Endowment**|| |St Mark - Arthur Little Legacy
Endowment|—
—
—
10,000
10,000
10,000| |St Mark - Mortimer Power Endowment|—
—
—
370
370
370| |St Mark - Paterson Endowment|—
—
—
1,000
1,000
1,000| |St Mark - Vigars Charity Endowment|—
—
—
297
297
297| |St Matthew Legacy Endowment Fund|—
—
—
1,000
1,000
1,000| ||| 9 **The Parochial Church Council of Hanley The Holy Evangelist Financial Statements for the Year Ended 31[st] December 2021** ## **Balance sheet** ||**Total funds Prior year funds**| |---|---| ||| |**Current assets**|| |Cash at bank and in hand|110,970
130,287| ||**110,970**
**130,287**| ||| |**Liabilities**|| |Creditors: Amounts falling due in one year|27,789
25,639| ||**27,789**
**25,639**| ||| |**Net current assets less current liabilities**|**83,181**
**104,648**| ||| |**Total assets less current liabilities**|**83,181**
**104,648**| ||| |**Total net assets less liabilities**|**83,181**
**104,648**| ||| |**Represented by**|| ||| |**Unrestricted**|| |General Fund|42,621
47,408| ||| |**Designated**|| |St Luke - Insurance|1,600
1,600| |St Matthew Fabric Designated Fund|3,684
3,680| ||| |**Restricted**|| |St Matthew CIF Grant Restricted Fund|506
506| |St Mark - Mortimer Power Restricted|146
146| |St Mark - Vigars Charity Restricted|212
212| |St Marks Regeneration Project|8,394
24,495| |Team - Bursary Fund|214
214| |Team - Interior Decorating Scheme|3,886
4,568| |Team - Secretarial Fund|5,327
5,327| |Team - Staf Fund|144
144| |
Team - Youth Work|164
164| |Holy Trinity - Hall Heaters|(420)
—| |St Luke - Education Trust|515
—| |St Luke - Kitchen Fund|1,104
1,104| |St Luke - Restoration Fund|1,850
1,850| |St Mark - Building Restricted|3
3| |St Mark - Choir Restricted|166
166| |St Mark - Creche Restricted|34
34| |St Mark - Mission Restricted|364
364| ||| |**Endowment**|| |St Mark - Arthur Little Legacy Endowment|10,000
10,000| |St Mark - Mortimer Power Endowment|370
370| |St Mark - Paterson Endowment|1,000
1,000| |St Mark - Vigars Charity Endowment|297
297| |St Matthew Legacy Endowment Fund|1,000
1,000| ||| |**Funds of the church**|**83,181**
**104,648**| Approved by the Parochial Church Council on …………………. 2022 and signed on its behalf by: Signature: ……………………………………… Name: …………………………………………... 11 The notes on the following pages form part of these accounts ## **Statement of assets and liabilities - 2021** **GeneralDesignatedRestrictedEndowmentThis year Last** ||**GeneralDesignatedRestrictedEndowmentThis year**
**Last**| |---|---| |**year**|| |**Current assets - Cash at bank and in**
**hand**|| |Bank current account -|52,792
5
857
—
53,653
56,268| |Shelton NatWest current -|—
—
567
—
567
401| |St Luke - Bank current account -|—
1,600
3,469
—
5,069
4,554| |Team - NatWest Current -|—
—
11,214
—
11,214
27,333| |Cobridge Bank deposit account -|7,281
—
—
—
7,281
7,241| |Northwood Hall account -|—
—
(420)
—
(420)
—| |Shelton Building Soc - Vigars -|—
—
212
297
509
509| |Team - CBF Deposit -|—
—
3,029
—
3,029
3,029| |CCLA (CBF) deposit account -|—
3,680
—
1,000
4,680
4,680| |Northwood CCLA (CBF) deposit account
200 -|4,140
—
—
—
4,140
4,236| |Shelton Building Soc - M Power -|—
—
146
370
516
515| |Northwood CCLA (CBF) deposit account
200 -|5,516
—
—
—
5,516
5,511| |Shelton Building Soc - Choir -|—
—
—
—
—
166| |Team - Interior Decorating Scheme -|—
—
3,886
—
3,886
4,568| |Shelton CBF Deposit -|308
—
—
11,000
11,308
11,255| |Cash in hand -|22
—
—
—
22
22| |**Totals**|**70,059**
**5,284**
**22,959**
**12,667**
**110,970**
**130,287**| ||| |**Liabilities - Agency accounts**|| |Agency collections -|—
—
351
—
351
—| |**Totals**|**—**
**—**
**351**
**—**
**351**
**—**| ||| |**Liabilities - Creditors: Amounts falling**
**due in one year**|| |Team - Parish Share Arrears -|27,438
—
—
—
27,438
25,367| |Accounts Payable -|—
—
—
—
—
272| |**Totals**|**27,438**
**—**
**—**
**—**
**27,438**
**25,639**| ||| |**Grand total**|**42,621**
**5,284**
**22,608**
**12,667**
**83,181**
**104,648**| ||| |**Summary of Assets by Fund -**
**2020**|**Summary of Assets by Fund -**
**2020**|**Summary of Assets by Fund -**
**2020**|**Summary of Assets by Fund -**
**2020**|**Summary of Assets by Fund -**
**2020**|**Summary of Assets by Fund -**
**2020**| |---|---|---|---|---|---| ||**Unrestrict**
**ed Funds**
**_£_**|**Designate**
**d Funds**
**£**|**Restricted**
**Funds**
**£**|**Endowme**
**nt Funds**
**£**|**Total**
**£**| |Fixed Assets|-|-|-|-|-| |Investment Assets|-|-|-|-|-| |Current Assets|73,047|5,280|39,296|12,666|130,287| |Current Liabilities|(25,639)|-|-|-|(25,639)| ||**47,408**|**5,280**|**39,296**|**12,666**|**104,648**| 12 ## **Fund movement by type - 2021** ||**Opening Incoming Outgoing TransfersGains/losses Closing**| |---|---| |**CIF Grant - St Matthew**|| |Restricted|506
—
—
—
—
506| |**Sub-total for CIF Grant**|**506**
**—**
**—**
**—**
**—**
**506**| ||| |**General - General Fund**|| |Unrestricted|47,408
63,354
67,891
(250)
—
42,621| |**Sub-total for General**|**47,408**
**63,354**
**67,891**
**(250)**
**—**
**42,621**| ||| |**Holy Trini - Holy Trinity**|| |Hall Heathers Restricted|—
5,130
5,550
—
—
(420)| |**Sub-total for Holy Trini**|**—**
**5,130**
**5,550**
**—**
**—**
**(420)**| ||| |**St Luke - St Luke**|| |Insurance Designated|1,600
—
—
—
—
1,600| |Education Trust Restricted|—
682
168
—
—
515| |Kitchen Fund Restricted|1,104
—
—
—
—
1,104| |Restoration Fund Restricted|1,850
—
—
—
—
1,850| |**Sub-total for St Luke -**|**4,554**
**682**
**168**
**—**
**—**
**5,069**| ||| |**St Mark - - St Mark**|| |Building Restricted|3
—
—
—
—
3| |Choir Restricted|166
0
—
—
—
166| |Creche Restricted|34
—
—
—
—
34| |Mission Restricted|364
—
—
—
—
364| |Mortimer Power Restricted|146
0
—
—
—
146| |Vigars Charity Restricted|212
0
—
—
—
212| |Arthur Little Legacy Endowment|10,000
—
—
—
—
10,000| |Mortimer Power Endowment|370
0
—
—
—
370| |Paterson Endowment|1,000
—
—
—
—
1,000| |Vigars Charity Endowment|297
0
—
—
—
297| |**Sub-total for St Mark -**|**12,591**
**1**
**—**
**—**
**—**
**12,592**| ||| |**St Mark Re - St Marks Regeneration**|| |Restricted|24,495
124,379
140,480
—
—
8,394| |**Sub-total for St Mark Re**|**24,495**
**124,379**
**140,480**
**—**
**—**
**8,394**| ||| |**St Matthew - St Matthew**|| |Fabric Designated|3,680
5
—
—
—
3,684| |Legacy Endowment|1,000
—
—
—
—
1,000| |**Sub-total for St Matthew**|**4,680**
**5**
**—**
**—**
**—**
**4,684**| ||| |**Team - Bur - Team - Bursary Fund**|| |Restricted|214
—
—
—
—
214| |**Sub-total for Team - Bur**|**214**
**—**
**—**
**—**
**—**
**214**| ||| |**Team - IDS - Team - Interior Deco**|| |Restricted|4,568
—
932
250
—
3,886| |**Sub-total for Team - IDS**|**4,568**
**—**
**932**
**250**
**—**
**3,886**| ||| |**Team - Sec - Team - Secretarial F**|| |Restricted|5,327
—
—
—
—
5,327| |**Sub-total for Team - Sec**|**5,327**
**—**
**—**
**—**
**—**
**5,327**| ||| |**Team - Sta - Team - Staf Fund**|| |
Restricted|144
—
—
—
—
144| |**Sub-total for Team - Sta**|**144**
**—**
**—**
**—**
**—**
**144**| ||| |**Team - You - Team - Youth Work**|| |Restricted|164
—
—
—
—
164| |**Sub-total for Team - You**|**164**
**—**
**—**
**—**
**—**
**164**| ||| |**Grand total**|**104,648**
**193,554**
**215,021**
**—**
**—**
**83,181**| ||| 13 ## **Analysis of income and expenditure for the year ended 31 December 2021** |||| |---|---|---| |||8,142
—
—
—
8,142
1,668| |||12,555
—
—
—
12,555
11,007
909
—
—
—
909
2,598| |||5,179
—
—
—
5,179
4,156| |||6,088
—
—
—
6,088
6,754
—
—
682
—
682
—| |||63
5
0
0
68
224| |||63
5
683
0
751
224| |||—
—
—
—
—
451| ||Total|—
—
—
—
—
451| ||**INCOME TOTAL**|63,354
5
130,192
0
193,554
199,562| ||**EXPENDITURE**
**Raising funds**
HLF St Mark's
Costs of fetes & other events
Total|—
—
—
—
—
105,556| |||—
—
—
—
—
126| |||—
—
—
—
—
105,682| 14 ## **Expenditure on charitable activities** |Giving to missionary societies
Ministry parish share etc
Parish share written of
Parish Share Support
Assistant staf costs
Salary of parish administrator
Cleaner
Working expenses of incumbent
Parsonage house expenses
Parish training and mission
Church running - insurance
Church maintenance
Upkeep of services
Upkeep of churchyard
Administration
St Marks Regeneration Project -
HLF
St Marks Regeneration Project -
after HL
Church running - electric
Church running - gas
Church running - water
Church running - heating and
lighting
Hall running - electricity
Hall running - gas
Hall running - insurance
Hall running - maintenance
Hall running - water
Hall running - heating and
lighting
Governance costs
examination/audit fee
Church major repairs - structure
Hall + major repairs - structure|327
—
—
—
327
408
36,750
—
—
—
36,750
37,766
—
—
—
—
—
(11,107)
(3,062)
—
—
—
(3,062)
(4,593)
60
—
—
—
60
—
—
—
—
—
—
650
470
—
—
—
470
32
1,221
—
—
—
1,221
1,139
—
—
932
—
932
—
144
—
—
—
144
351
12,553
—
—
—
12,553
13,331
3,333
—
—
—
3,333
—
2,045
—
—
—
2,045
572
52
—
—
—
52
—
1,950
—
168
—
2,118
6,806
—
—
132,853
—
132,853
—
—
—
7,627
—
7,627
—
2,209
—
—
—
2,209
—
3,753
—
—
—
3,753
—
114
—
—
—
114
—
1,234
—
—
—
1,234
7,048
307
—
—
—
307
—
154
—
—
—
154
—
1,075
—
—
—
1,075
—
2,480
—
5,550
—
8,030
—
63
—
—
—
63
—
—
—
—
—
—
5,084
660
—
—
—
660
260
—
—
—
—
—
6,209| |---|---| ||—
—
—
—
—
8,700| |Total|67,891
—
147,130
—
215,021
72,657| |**EXPENDITURE TOTAL**|67,891
—
147,130
—
215,021
178,339| ||| |**GRAND TOTAL**|(4,516)
5
(16,956)
0
(21,467)
21,223| ## **Allocation of Support Costs** Support costs comprise Trustee Training and Governance Costs etc. Due to the nature of the financial activities of the PCC, these would be allocated across Charitable Expenditure which comprises the majority of its expenditure and as such are automatically charged there. ## **Staff Costs** **----- Start of picture text -----**
2021 2020
Wages & Salaries £ 470 £ 292
Average number of
employees 3 3
**----- End of picture text -----**
During the year the PCC employed 2 organists and a caretaker (all part-time) and no payments were large enough to attract social security costs. 15 There were no employee benefits to key management personnel in the previous or current year. ## **Trustees’ Remuneration & Expenses** 3 Trustees have been reimbursed £1,221 (2020: £1,139) for travel and phone expenses incurred during the year. ## **Related Parties** No other expenses were paid to any other PCC member, persons closely connected to them or related parties. Donations from related parties (PCC members) totalled £7,256 (2020: £8,058). ## **Fees for the examination of the accounts** **----- Start of picture text -----**
2021 2020
£ £
Independent £650 £650
Examiner’s fees
Other fees (eg
- -
accountancy
services) paid to the
Independent
Examiner
**----- End of picture text -----**
## **Analysis of Transfer between Funds - 2021** **----- Start of picture text -----**
Debi Cred
Reference Date Account description t it Description Fund
£ £
28/01/2 25 2021 IDS
LDBF IDS 1 Team - NatWest Current - 0 Contribution General
28/01/2 Team - Interior Decorating 25 2021 IDS
LDBF IDS 1 Scheme 0 - contribution IDS Restricted
Total 250 250
**----- End of picture text -----**
## **Analysis of Transfer between Funds - 2020** ## **Fund Description** 16 Designated Funds 17 |St Luke - Insurance|Funds set aside to meet the annual insurance bill| |---|---| |St Matthew - Fabric|For the maintenance and upkeepof the fabric of the church| |**Restricted Funds**|| |Holy Trinity - Hall|| |Heaters|For the installation of new heaters in the hall| |St Luke - Kitchen|| |Fund|Agrant received in 2018 for work to the Kitchen| |St Luke -|| |Restoration Fund|For the upkeepand maintenance of the church| |St Marks -|For the major re-ordering and regeneration of the church. The| |Regeneration|Edward Cadbury Grant received has been transferred to the Hanley| |Project|Team bank account so the fundingis managed centrally.| |St Marks - Vigars|| |Charity|For the Poor & Needyof theparish| |St Marks - Choir|For the church choir.| |St Marks -|| |Mortimer Power|For the Poor & Needyof theparish| |St Marks - Mission|For the Mission of the Church and includes a 2019 £10k legacy| |St Marks - Creche|For the Church Creche| |St Marks - Building|For the Church Building| |St Matthew CIF|| |Grant|A CommunityInvestment Fundgrant| ||A savings account held by the Diocese for the internal redecoration| |Team - Interior|of the vicarage at Widecombe Road (Revd Philip Jones). The other| |Decorating|three vicarages in the parish, Harding Road (Revd Sally Smith),| |Scheme|Christ Church (Revd Philip Swan) and Cromer Road (let externally)| ||are currentlynot the PCCs responsibility.| |Team - Secretarial|An historic (approx 20 years) grant from the Diocese for Secretarial| |Fund|Support. It is used to support the Benefce Administrator.| |Team - Youth Work|An historic fund for Youth Work| |Team - Bursary|An historic fund to assist curates with study books and other| |Fund|material.| |Team - Staf Fund|An historic fund for staf meals etc| |**Endowment**|| |**Funds**|| ||A legacy left to the church many years ago and the income it| |St Matthew -|generates can be spent on general church purposes. It is held in the| |Legacy Fund|CBF deposit account and the interest is transferred to the NatWest| ||Current account.| |St Mark - Arthur|| |Little Legacy|The income can be used forgeneral churchpurposes.| |St Mark - Paterson|| |Endowment|The income can be used for general church purposes| |St Matthew - Fabric|For the maintenance and upkeep of the fabric of the church.| |Vigars Charity|An endowment toprovide for the Poor & Needyof theparish.| |Mortimer Power|An endowment to provide for the Poor & Needy of the parish.| ## **Liabilities** ||2021
£|2020
£|Amounts falling due in one year| |---|---|---|---| ||||| |Parish share - 2017|8,362|8,362|| |Parish share - 2018|13,848|18
13,848|| |Parish share - 2020|-|3,157|| |Parish share - 2021|5,228|-|| ||||| |**Total**|27,438|25,367|| Following a reduction in deployment from 3 to 1.5 in 2019, the Share formula was reduced, and a Special Assessment was put in place, and continues to be so. If the parish pay this assessment in full each year, they will receive a write-off of Parish Share arrears. The 2021 share hasn’t been paid in full and therefore no write off will take place in 2021. Due to the pandemic the write off agreement has been extended and is in place for 2022 and subsequent years. 19 **Statement of Financial Activities - 2020** |**2020**|||||| |---|---|---|---|---|---| ||**Unrestric**
**ted**
**Funds**
**£**|**Designa**
**ted**
**Funds**
**£**|**Restric**
**ted**
**Funds**
**£**|**Endowm**
**ent**
**Funds**
**£**|**Total**
**Funds**
**2020**
**£**| |**Incoming Resources**|||||| |**Income and**
**Endowments from:**|||||| |Donations and Legacies|60,540|-|120,4
54|-|180,994| |Activities for Generating
Funds|2,598|-|-|-|2,598| |Income from Investments|99|-|125|-|224| |Church Activities|14,945|-|-|-|14,9
45| |Other|800|-|-|-|8
00| ||||||| |**Total**|**78,982**|**-**|**120,5**
**79**|**-**|**199,5**
**61**| |**Resources Expended**|||||| |**Expenditure on:**|||||| |Raising Funds|126|-|-|-|1
26| |Church Activities|60,458|-|12,
197|-|72,
655| |Other|-|-|105,5
56|-|105,5
56| ||||||| |**Total**|**60,584**|**-**|**117,**
**753**|**-**|**178,**
**337**| ||||||| |**Net Income/**
**(Expenditure) before**
**investment gains/**
**(losses)**|18,398|-|2,
826|-|21,2
24| |Net gain/(losses) on
investments|-|-|-|-|-| ||||||| |**Net Income/**
**(Expenditure)**|18,398|-|2,
826|-|21,2
24| ||||||| |Transfer between Funds|(747)|-|747|-|-| ||||||| |**Net Movement in**
**Funds**|17,652|-|3,573|-|21,224| ||||||| |**Total Funds brought**
**forward**|29,756|5,280|35,723|12,666|83,424| |**Total Funds carried**
**forward**|**47,408**|**5,280**|**39,296**|**12,666**|**104,64**
**8**| 20