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2021-12-31-accounts

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

REPORT AND FINANCIAL STATEMENTS For the year ended 31 December 2021

Charity Number 1178248

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

ANNUAL REPORT AND FINANCIAL STATEMENTS

For the year ended 31 December 2021

Contents Page
Trustees annual report 1 to 10
Independent examiners report 11
Statement of Financial Activities (including 12
income and expenditure account)
Balance sheet 13
Statement of Cash Flow 14
Notes to the financial statements 15 to 26

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

TRUSTEES ANNUAL REPORT

For the year ended 31 December 2021

The trustees are pleased to present their annual trustees’ report together with the financial statements of the charity for the year ended 31 December 2021.

The financial statements comply with the Charities Act 2011, the Memorandum and Articles of Association, and 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 2019).

1. Objectives and Activities

Aims of the Charity

The Parochial Church Council of the Ecclesiastical Parish of Gateshead St George (St George’s PCC) has the responsibility of cooperating with the Priest-in-Charge, the Reverend Richard Grant, in promoting in the surrounding area and across the wider Tyneside region the whole mission of the Church, pastoral, evangelical, social and ecumenical.

Objectives, strategies and activities for the year

As the pandemic continued, the aim of the church leadership for 2021 was to continue to pursue our vision to see Gateshead and the surrounding area Come Alive in Jesus name. We had particular aims to:

2021 saw the appointment of new staff to key positions and the church reopened as restrictions eased.

The ministry reports detail more about the activities of the church during 2021.

2. Achievements and Performance

Evaluation and outputs

Worship & Prayer

The worship team, over the last six months especially, have been going through a time of growth with a particular focus on becoming more skilled as a team in terms of how we collaborate and communicate as a band while leading worship in the church. There has been the introduction of a few new systems to aid this including the introduction of the Nashville Number System which changes the way we read music, the introduction of a music director guiding the worship while on stage and new, a smaller song bank on rotation seasonally for worship leaders to choose from when creating their set list. This will all help the congregation’s familiarity with the worship songs.

The aim of introducing these new systems will mean the church is not only familiar with the songs we sing but musically we will have a consistent quality of worship throughout the church. Looking forward there will be more focus on making the visuals, sound and

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

TRUSTEES ANNUAL REPORT

For the year ended 31 December 2021

production as a whole more consistent to aid the worship of the church. Making an atmosphere in this way means it is easy for people to engage with worship with as little distraction as possible.

PASTORAL CARE

Mission and Evangelism

Children & Families

Over the Focus Weekender in July we hosted a Kids Disco which saw over 60 children attend both from the church family and the community, particularly through our partnership with Brighton Avenue Primary School. During the summer we were able to partner with the local council and Scripture Union to run a Summer Hangout at Hope House and Saltwell Park. It was hugely successful with 45 children signed up. Additionally, throughout the summer we hosted a weekly family brunch in Hope House.

Alistair Bassett joined as Kids Lead in September 2021. As a result of our activities throughout the summer we saw a growth in the number of families attending our Sunday gatherings and children attending Kids Church. During the autumn term in Kids Church we looked at the ‘Armour of God’ and ‘The I AM Sayings of Jesus’. Over Christmas we looked at how the story of Christmas plays a bigger role in God's Rescue Plan for us.

In addition to Sunday kids church we launched an after school drop in for children in years 4&5, hosted a Light Party, a pop up Cinema at Christmas, as well as a Church family theatre trip to see The Lion, The Witch and The Wardrobe at the Sunderland Empire.

We continued to strengthen our relationship with Brighton Avenue Primary School, and amongst other things ran a weekly multi skills sports after school club, hosted the whole school for their harvest assemblies, and hosted assemblies on Advent and Christmas. In the lead up to Advent in partnership with Love Your Neighbor and Love Christmas we went into 4 local primary schools and delivered 1000 ‘real’ advent calendars sharing the real story of Christmas.

Youth

Youth Ministry 2021 (July to Dec)

Sunday Morning Younger Youth - We began in September following a series that looked at new beginnings before a four week series called PRAY; exploring the who, why, and how of a healthy prayer life. We are now in our third termly series called GIVE, exploring how we are called to serve God and each other on our discipleship walk. Sunday Youth serves as an 'Explore' and 'Grow' opportunity in the Revealing Jesus Framework (Scripture Union). The number for younger Youth on a Sunday morning averages at 16 with three team serving each gathering.

Sarah Bowey was employed as a Missional Sports Lead, with a view to starting sport sessions in schools (Grace College Girls Football), offering sport based holidays camps and sport in the park outreach work on a Sunday.

Alive Youth - In October we brought back our midweek group for Youth. We have worked

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

TRUSTEES ANNUAL REPORT

For the year ended 31 December 2021

hard to set the right culture and program so that we offer a warm welcome and safe environment that is conducive to youth ministry. This activity serves as a 'Connect' opportunity on the Revealing Jesus Framework (Scripture Union). We are using sport and games as a way to build relationships and discover faith. The average number of attendees each week is 25. We have three staff on team for this night and three others serving on team. \

We ended the December term with a Christmas Dinner for 30+ young people in Hope House.

Rooted- We are working in Emmanuel College with 30 students from Years 7-9, delivering a program called Rooted. The course is a Scripture Union resource that helps young people to unpack what they think and feel about themselves and the world around them, whilst opening up opportunities for them to discover and discuss these things from the perspective of the Christian Faith. This activity serves as a 'connect' opportunity on the Revealing Jesus Framework.

Alive Church supported the Grace College Carol Service in St Nicholas' cathedral.

Alpha

In 2021 Alpha remained our key evangelistic tool for helping people explore the Christian faith. Approximately 10 guests joined Alpha online and 8 guests joined Alpha in-person in 2021. Our online courses started in January and May. By September we were able to launch two in person Alpha courses in Hope House, one in the daytime and the other in the evening.

In September 2021 we worked with Alpha International and Bill Quay Community Church as part of the 'Invite a Nation' campaign. Buses across Gateshead carried Alpha advertising with the hope of increasing awareness and helping the church to invite friends to try Alpha. In November 2021 we hosted a fruitful Alpha Day with Bill Quay Community Church. We hope to continue building on our partnerships with other churches in Gateshead as an Alpha Hub Church in the year to come.

Fundraising

The vast majority of Alive Church, St George’s income from donations comes from the congregation. Church of England Strategic Development Fund (SDF) Funding has enabled us to continue to invest in staffing, and in 2020 we were successful in applying for round 2 of funding, which will enable further significant investment in Youth Ministry and run for 5 years from July 2020.

We partnered again with the Church Revitalisation trust and received grants for Love Your Neighbor and Love Christmas which helped us to continue to bless our community through Food Corner, Christians Against Poverty Job Club and at Christmas through bags of kindness.

CONNECT GROUPS

Connect Groups are our midweek Groups where we are intentionally pursuing Jesus together as we love God, love each other and love our neighbours. Since the pandemic began we have been meeting online and some groups have continued to do so, as a means of enabling more members to join weekly. Beginning as House Church Connects, and now known

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

TRUSTEES ANNUAL REPORT

For the year ended 31 December 2021

Connect Groups, these will remain for Alive Church, St George’s a significant part of our life together.

In 2021, Connect Groups were our primary way of connecting as a church. They were a place to encourage each other, a place to explore what God has for us (including Tools for Discipleship course) and a place to explore how we can serving our world.

SOCIAL TRANSFORMATION

Food Corner, a social supermarket held weekly in Hope House began in 2020 and continued to run throughout 2021. Throughout the beginning of 2021, attendance was still high each week. We saw the need to increase our offering to twice a week and enjoyed furthering our relationships with those using Food Corner, through refreshments after when possible.

Bloom, our ministry to new mums, has also continued to flourish during 2021, as Nina and Jen have continued to work hard to connect with midwives and health visitors to support mums in the first weeks post-birth.

In January 2021 we launched Christians Against Poverty Job Club, which teaches employability skills to those who have been out of work both short and long term, as well as being a place of encouragement, coaching and community. Across 2021 Job Club has helped 26 individuals.

At Christmas, once again we took part in Love Christmas, a CRT initiative to bless our neighborhood. We provided around 2000 bags of kindness and advent calendars to local schools, organisations and the streets around the church.

3. Financial review

Review of the year

The results for the year and the company's financial position at the end of the year are shown in the attached financial statements.

During the year the Charity had income of £376,130 (2020: £551,825) of which £146,723 is restricted (2020: £353,796) and expenditure of £329,106 (2020: £254,337) of which £124,958 was restricted (2020: £111,481). There was an operating surplus of £47,024 (2020: £297,488) of which £21,764 was restricted (2020: £47,935).

At 31 December 2021 the Charity had net assets of £419,163 (2020: £372,139) of which £70,386 was restricted (2020: £48,622).

Reserves policy

The Trustees consider the level of reserves, £348,776 (2020: £323,516), and has already secured a significant amount of funding for the current year. The trustees are of the view that the immediate future of the charity is secure and that on this basis the charity is a going concern.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

TRUSTEES ANNUAL REPORT

For the year ended 31 December 2021

Risk Management

Where appropriate, procedures and policies have been put in place to mitigate the risks that the church faces. Risk Assessments have been carried out for all regular events and activities and are reviewed at least annually. Additional risk assessments are also completed by the relevant staff member(s) in advance of one-off activities and events.

When planning for in-person events during the pandemic, we always carried out risk assessments to ensure covid-security, basingp these on latest government and Church of England advice.

4. Plans for future periods

All plans below reflect planning status considering the impact of the current Covid-19 pandemic.

Staffing

In 2021, we strengthened the staff team with the appointment of 2 curates and made appointments of a Youth Lead, Kids Lead and Worship Lead, who started in the autumn. We also appointed a CAP Debt Centre Manager part-time, who started in October 2021. In 2022 we will look at areas our team works well in and identify any areas that we could improve on our efficiency.

Ministry

2022 will be a time to develop Alive Church, St George’s further as restrictions ease and the

church approaches 6-years since being replanted. Like all families, we’ll prioritise the young and the vulnerable, as we pursue our vision to see individuals, our community and the church Come Alive in Jesus’ name.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

TRUSTEES ANNUAL REPORT

For the year ended 31 December 2021

Campus

Building work in Hope House was put on hold at the end of 2021 and plans will be revisited later in 2022.

In 2022 we will review the use of Hope House hall and plan to make all areas fit for purpose.

4. Public Benefit

The charity carries out a wide range of activities in pursuance of its charitable aims. The Trustees consider that these activities, summarised above, provide benefit both to those who directly receive services, and the wider community in the United Kingdom. The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

TRUSTEES ANNUAL REPORT

For the year ended 31 December 2021

5. Reference and administrative details of the charity, its trustees and advisors

Registered charity name

The Parochial Church Council of the Ecclesiastical Parish of Gateshead St George

Charity number

1178248

Registered office

St George’s Church Office 1-9 Inskip Terrace Gateshead Tyne and Wear NE8 4AJ

Trustees and Members of the Board

Ex Officio members:

Elected members:

Co-opted Members

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

TRUSTEES ANNUAL REPORT

For the year ended 31 December 2021

Independent Examiner

Jim Dodds Connected Voice Business Services Ltd Higham House Higham Place Newcastle upon Tyne. NE1 8AF.

Bankers CAF Bank Ltd

6. Structure, governance and management

Culture, governance and management

Alive Church, St George’s has six groups for leadership and accountability. It is assumed that all those involved are committed to the life of the church (for example, are part of a midweek Group and committed to a Sunday Gathering) and supportive of the vision to establish a Resource Church in Tyneside, as per the Bishop of Durham’s invitation in November 2015.

The Staff Team

The Staff Team lead the church on a day to day basis and are led by the Priest-in-Charge. This involves making decisions about the day to day running of the church. Staff have regular patterns of meeting throughout the week and month.

The Executive Team

The Executive Team is a combination of Senior Staff and Wardens. The team is involved in long term strategic decision making and offers peer accountability to the Priest-in-Charge and Senior Team. Executive team will be key for staffing decisions. They are accountable to the PCC and meet termly.

In 2021, we built a new Senior Leadership team.

The PCC

The PCC is representative of the wider church and offers accountability to the staff team and executive team. The Council allows the staff team to function by encouraging it its day to day tasks whilst asking questions of accountability. We have tried to encourage a council that is representative of the church. During 2018 the council met seven times, plus APCM. The method of appointment of PCC members is set out in the Church Representation Rules. At St. George’s the membership of the PCC consists of the Priest-in-Charge, Church wardens, the reader and members elected by those members of the congregation who are on the electoral roll of the church.

Employment Group

The Employment Group is responsible for employing and reviewing staff and staffing structures at St George’s. The Group is delegated from the Trustees and is made up the Priest-In-Charge and the Wardens.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

TRUSTEES ANNUAL REPORT

For the year ended 31 December 2021

Building Group

The Building Group is a delegated group from the Trustees. The Group meets to explore the best ways for St George’s to use the campus in order for the Church to meet its goals.

Ministry Teams

Ministry Teams are drawn from across the church and overseen by the staff team, who are accountable to the PCC and Executive Team. Ministry Teams meet for ‘Huddle’ regularly.

Governing Document

The governing document is The Parochial Church Councils (Powers) Measure 1956 as amended and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended).

Appointment of the trustees

Trustees are those appointed to sit on the PCC at St George’s. The method of appointment of PCC members is set out in the Church Representation Rules.

Organisation

St George’s PCC is a registered charity, no. 1178248. The charity was registered on 4th May 2018. The PCC has the responsibility of cooperating with the Priest-in-Charge, the Reverend Richard Grant, in promoting in the surrounding area and across the wider Tyneside region the whole mission of the Church, pastoral, evangelical, social and ecumenical.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

TRUSTEES ANNUAL REPORT

For the year ended 31 December 2021

7. Statement of Trustee Responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charity SORP requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of incoming resources and application of resources, including the receipts and payments of the charity for that year. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Trustees on _____ and signed on their behalf by: 08/09/2022

Richard Grant, Vicar Chairman

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 December 2021

I report on the financial statements of The Parochial Church Council of the Ecclesiastical Parish of Gateshead St George for the year ended 31 December 2021, which are set out on pages 12 to 26.

Respective responsibilities of trustees and 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.

The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a ACIE Member.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with 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:

I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Jim Dodds ACIE Connected Voice Business Services Ltd Higham House Higham Place Newcastle upon Tyne NE1 8AF Date: 08/09/2022

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31 December 2021

----- Start of picture text -----
Restated
Unrestricted Restricted Total Total
Funds Funds 2021 2020
£ £ £ £
Income from:
Donations and legacies 5 214,951 7,462 222,413 258,021
Charitable activities
Grants and contracts 6 6,328 135,395 141,724 278,929
Other trading activities 7 8,120 3,866 11,986 14,789
Investments 8 8 - 8 86
Total income 229,408 146,723 376,130 551,825
Expenditure on:
Charitable activities
Operation of the charity 9 204,148 124,958 329,106 254,337
Total expenditure 204,148 124,958 329,106 254,337
Net income/(expenditure) 25,260 21,764 47,024 297,488
Transfers between funds 11,932 11,932 23,864 -
Net movement of funds 37,192 33,696 70,889 297,488
Reconciliation of funds
Total funds brought forward 323,516 48,622 372,139 74,650
Total funds carried forward 360,709 82,319 443,027 372,139
Notes
----- End of picture text -----

The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

The notes on pages 15 to 26 form an integral part of these accounts.

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Charity Number 1178248

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

BALANCE SHEET

As at 31 December 2021

Total
2021
£
£
Fixed assets
Tangible assets
16
308,911
Total fixed assets
308,911
Current assets
Debtors
17
4,011
Cash at bank and in hand
18
106,974
Total current assets
110,985
Creditors:amounts falling due within
one year
19
( 732 )
Net current assets
110,253
Total assets less current liabilities
419,163
Creditors:amounts falling due after
more than one year
20
-
Total net assets or liabilities
419,163
Funds of the charity
Unrestricted income funds
360,709
Restricted income funds
82,319
Total funds
443,027
Notes
The notes on pages 15 to 26form an integral part of these accounts.
These financial statements were approved by the Board on:
and are signed on its behalf by:
Bonnie Robinson
Treasurer
and are signed on its behalf by:
Richard Grant,
Vicar
Chairman
08/09/2022		 £
3,920
97,172
101,093
( 16,797 )
-		 Restated
Total
2020
£
287,843
287,843
84,296
372,139
372,139
323,516
48,622
372,139

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Charity Number 1178248

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

STATEMENT OF CASH FLOWS

For the year ended 31 December 2021

----- Start of picture text -----
2021 2020
£ £
Cash flows from operating activities
Profit before taxation 70,889 297,488
Add back:
Depreciation 31,630 15,150
Investment income ( 8 ) ( 86 )
Interest expense - 1,120
Increase in trade receivables ( 90 ) 9,855
Decrease in trade payables ( 16,065 ) ( 71,569 )
Cash generated from operations 86,355 251,957
Less:
Interest paid - ( 166 )
Net cash from operating activities 86,355 251,791
Cash flow from investing activities
Purchase of property, plant and equipment ( 52,698 ) ( 259,453 )
Interest received 8 86
Net cash used in investing activities ( 52,690 ) ( 259,367 )
Increase in cash and cash equivalents 9,802 ( 7,577 )
Cash and cash equivalents at start of year 97,172 104,749
Cash and cash equivalents at end of year 106,974 97,172
----- End of picture text -----

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

1 Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

2 Basis of accounting

2.1 Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with 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 2019) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The Parochial Church Council of the Ecclesiastical Parish of Gateshead St George meets the definition of a

2.2 Preparation of the accounts on a going concern basis

The charity reported total unrestricted funds at the year end of £360,709 and has already secured a significant amount of funding for the current year. The trustees are of the view that the immediate future of the charity is secure and that on this basis the charity is a going concern.

3 Income

3.1 Recognition of income

Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability

3.2 Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.

3.3 Grants and donations

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.

3.4 Volunteer help

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.

3.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

3.6 Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the

4 Expenditure and liabilities

4.1 Liability recognition

Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

4.2 Charitable activities

Expenditure on charitable activities includes the costs of work and other activities undertaken to further the purposes of the charity and their associated support costs.

4.3 Governance and support costs

Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

4.4 Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

4.5 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

5.1 Tangible fixed assets for use by the charity

5 Assets

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

Individual fixed assets costing £250 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis, the charity does not currently have any tangible fixed assets:

Property improvements 5% Straight line Office and computer equipment Straight line over four years

5.2 Investments

Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.

Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

Reconciliation of change in equity

Unrestricted funds (previously stated)
Other creditors
(i)
Gift aid
(ii)
Unrestricted funds (as stated)
Reconciliation of financial activities
Net movement of funds (previously stated)
Donations
(i)
Gift aid
(ii)
Net movement of funds (as stated)		 £
12,822
-
-
12,822
At 1 Jan
2020		 £
74,650
( 1,680 )
3,596
76,566
£
295,572
( 1,680 )
3,596
297,488
At 31 Dec
2020
Year ended
31 Dec
2020

(i) Donations received in 2020 was received in error. As a result the donations decreased from £217,124 to £215,444 in the year ended 31 Dec 2020.

(ii) Post balance sheet date claim for gift aid of £3,596 increasing gift aid amount in the year from £31,981 to £35,577.

Analysis of income

5
Donations and legacies
Donations and gifts
Gift Aid
Joyce Estate		 Unrestricted
Funds
£
173,062
41,889
-
214,951		 Restricted
Funds
£
5,990
1,472
-
7,462		 Total
2021
£
179,052
43,361
-
222,413		 Restated
Total
2020
£
215,444
35,577
7,000
258,021

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

Analysis of income

6
7
8		 Charitable activities
Income from grants
Other trading activities
Income from investments
Bridepoint Advise
Worship Grant
Good Faith Foundation
Hope House
Alpha International
Durham DBF
DCMS match funding
MEV Funding
Special Offering
Bank interest
Employment Allowance
SDF Funding
Church Revitalisation Trust
Diocese of Durham
HM Excise VAT
Event Income
Merchandise Income
Urban Action Trust
Services
Premises Hire
Other		 Unrestricted
Funds
£
4,000
876
-
-
906
-
-
-
546
-
-
-
6,328
1,157
2,289
-
316
-
( 50 )
4,000
407
8,120
8
8		 Restricted
Funds
£
-
-
-
-
-
52,230
-
16,979
31,973
32,284
1,930
-
135,395
-
480
-
-
-
3,386
-
-
3,866
-
-		 Total
2021
£
4,000
876
-
-
906
52,230
-
16,979
32,519
32,284
1,930
-
141,724
1,157
2,769
-
316
-
3,336
4,000
407
11,986
8
8		 Restated
Total
2020
£
-
-
25,000
3,781
63,200
56,000
50,000
-
-
80,348
-
600
278,929
-
5,657
102
2,095
-
2,936
4,000
-
14,789
86
86

Income was £376,130 (2020: £551,825) of which £229,408 was unrestricted or designated (2020: £198,029) and £146,723 was restricted (2020: £353,796)

19

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

Analysis of expenditure on charitable activities

9 Charitable activities
Direct costs
Support costs
Utility
IT and Telephone
COVID Work from home
Parish Share / common fund
Response
Loan interest
Governance costs
Mission
Pastoral expense
Staff training and expenses
Building and Gardening
Ministries
Social Transformation Projects
Promotion and Marketing
Bank Charges
Repairs and Maintenance
Independent examiner's fees for reporting on
the accounts
Build Insurance
Depreciation
Staffing costs
Office and Administration
Worship equipment
Professional and Accounting Fees
Other Cost		 Unrestricted
Funds
£
-
24,206
16,729
318
59,752
1,467
12,276
8,776
2,922
112
220
9,428
6,443
3,691
3,612
678
20,000
-
-
31,630
732
1,155
-
204,148		 Restricted
Funds
£
-
3
15,485
28,468
80,939
64
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
124,958		 Total
2021
£
-
24,209
32,214
28,785
140,691
1,530
12,276
8,776
2,922
112
220
9,428
6,443
3,691
3,612
678
20,000
-
-
31,630
732
1,155
-
329,106		 Restated
Total
2020
£
1,294
17,602
10,401
26,103
125,957
2,764
6,081
6,401
2,732
114
166
5,678
6,441
-
3,212
1,423
13,988
6,000
954
15,150
732
1,116
30
254,337

Expenditure on charitable activities was £329,106 (2020: £254,337) of which £204,148 was unrestricted or designated (2020: £142,857) and £124,958 was restricted (2020: £111,481)

10 Fees for examination of the accounts

Independent examiner's fees for reporting on the accounts 2021
£
732
732		 Restated
2020
£
732
732

20

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

11 Analysis of staff costs and the cost of key management personnel

Salaries and wages
Social security costs
Pension costs (defined contribution pension plan)		 2021
£
121,061
7,462
3,516
132,039		 Restated
2020
£
117,428
7,755
3,812
128,995

No employee received remuneration above £60,000 (2020: £nil)

The key management personnel of the charity, comprise the Trustees. The total employee benefits of the key management personnel of the charity were £nil.

12 Staff numbers

The average monthly head count was 8 staff (2020: 8 staff) and the average monthly number of full-time equivalent employees during the year were as follows:

The parts of the charity in which the employee's work
Charitable activities		 2021
Number
7.0
7.0		 Restated
2020
Number
7.0
7.0

13 Transactions with trustees

During the year, the trustees made donations to the charity.

Donations of unrestricted nature
Room hire		 2021
£
28,248
10
28,248		 2020
£
17,837
-
17,837

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

Trustees' expenses

The following detail the expenses incurred by the trustees.

Leaving gifts for trustees 2021
£
-
-		 Restated
2020
£
30
30

Transaction(s) with related parties

The following detail the related party transactions in the reporting period.

During the year related parties donated a total of £27,208 to the organisation, of which, £1,000 was restricted for food (2021: £13,222 donations, of which, £595 was restricted project work). There was also

21

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

14 Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The employer's pension costs represent contributions payable by the charity to the fund and amount to £3,516 (2020: £3,812). There was £nil outstanding as at 31 December 2021 (2020: £nil).

15 Corporation Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.

16 Tangible fixed assets
Cost
Balance brought forward
Additions
Disposals
Balance carried forward
Depreciation
Basis
Rate
Balance brought forward
Depreciation charge for year
Disposals
Balance carried forward
Net book value
Brought forward
Carried forward		 Equipment
£
-
33,078
-
33,078
SL
20%
-
8,269
-
8,269
-
24,808		 Property
development
£
302,992
19,620
-
322,613
SL
5%
15,150
23,360
-
38,510
287,843
284,103		 Total
£
302,992
52,698
-
355,690
15,150
31,630
-
46,779
287,843
308,911

17 Debtors and prepayments (receivable within 1 year)

Gift Aid
Debtors		 2021
£
420
3,591
4,011		 Restated
2020
£
324
3,596
3,920

22

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

18 Cash at bank and in hand

Current account
Saving account
Petty cash
Creditors and accruals (payable within 1 year)
Other creditors
Long Term Loan
Accruals		 2021
£
21,963
85,002
10
106,974
2021
£
-
-
732
732		 Restated
2020
£
25,014
72,002
157
97,172
Restated
2020
£
1,680
14,385
732
16,797

19 Creditors and accruals (payable within 1 year)

21 Events after the end of the reporting period

Due to the COVID-19 pandemic, it has put pressure on all businesses in 2020. It should be noted that the trade debtors have been received and the creditors are being paid when the payments are falling due. With the deferred income being held for the purposes for which it is designated. The Trustees are in agreement that the loan is only repaid when details of the loan agreement are received from the loaner.

No other significant events affecting the Company since the year end.

22 Analysis of charitable funds

Analysis of movements in unrestricted funds For the year ended 31 December 2021

Unrestricted funds
General unrestricted fund
Building project
Totals		 Revised
Fund
balances
brought
forward
£
35,673
287,843
323,516		 Incoming
resources
£
229,408
-
229,408		 Resources
expended
£
( 172,518 )
( 31,630 )
( 204,148 )		 Transfers
£
( 40,766 )
52,698
11,932		 Fund
balances
carried
forward
£
51,797
308,911
360,709

23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

For the year ended 31 December 2020

Unrestricted funds
General unrestricted fund
Building project
Totals		 Revised
Fund
balances
brought
forward
£
30,425
43,539
73,964		 Incoming
resources
£
198,029
-
198,029		 Resources
expended
£
( 127,707 )
( 15,150 )
( 142,857 )		 Transfers
£
( 65,074 )
259,454
194,380		 Fund
balances
carried
forward
£
35,673
287,843
323,516

Purpose of unrestricted funds

General unrestricted fund The 'free reserves' of the charity Building project Complete renovation of Hope House (Church centre)

Analysis of movement in restricted funds

For the year ended 31 December 2021

Restricted funds
Social Transformation
Hope House
MEV Funding
Love Your Neighbour
Bloom
Love Christmas
SDF Funding
Totals		 Fund
balances
brought
forward
£
-
2,214
-
45,504
904
-
-
48,623		 Incoming
resources
£
2,129
3,866
16,979
23,685
-
15,550
84,513
146,723		 Resources
expended
£
( 14,061 )
-
( 6,026 )
( 22,148 )
( 420 )
( 15,488 )
( 66,816 )
( 124,958 )		 Transfers
£
11,932
-
-
-
-
-
-
11,932		 Fund
balances
carried
forward
£
-
6,080
10,953
47,042
485
62
17,698
82,319

24

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

22 Analysis of charitable funds (continued)

For the year ended 31 December 2020

Restricted funds
Blackheart Orchestra
Building Project Phase 3
Hope House
International Response
Love Your Neighbour
Bloom
Christmas Offering
SDF Funding
Totals		 Fund
balances
brought
forward
£
124
-
-
-
-
330
233
-
687		 Incoming
resources
£
-
164,535
2,214
5,383
71,109
720
-
109,836
353,796		 Resources
expended
£
-
-
-
( 5,383 )
( 25,605 )
( 146 )
-
( 80,348 )
( 111,481 )		 Transfers
£
( 124 )
( 164,535 )
-
-
-
-
( 233 )
( 29,488 )
( 194,380 )		 Fund
balances
carried
forward
£
-
-
2,214
-
45,504
904
-
-
48,623

Purpose of restricted funds

Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.

Blackheart Orchestra Funds taken from external concert booking Bloom Ministry to help mother with new born babies Building Project Phase 3 Complete renovation of Hope House (Church centre) Christmas Offering Special collection taken at Christmas Love Christmas Spread powerful message of love, hope and kindness to people who are struggling this winter

Social Transformation Hope House International Response Love Your Neighbour

MEV Funding SDF Funding

Long term impact on the lives of the community through social projects Appeal for the refurbishment and renaming of church centre Congregational giving for coronavirus response in Kenya and Myanmar Community support ministries, for example food provision and employability training Intern and development year Strategic Development Fund funding

Transfers between funds

2021
Between unrestricted and
restricted funds
Between unrestricted and
designated
2020
Between restricted and
designated
Between unrestricted and
designated		 Reason for transfer
Cover Social Transformation projects in the local
community
Transfer asset purchases
Transfer asset purchases
Reason for transfer
Transfer asset purchases		 Amount
£
11,932
52,698
194,380
65,074

25

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GATESHEAD ST GEORGE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

23 Capital commitments

As at 31 December 2021, the charity had no capital commitments (2020 -£nil)

24 Analysis of net assets between funds

Long term assets/(liabilities)
Other net current assets/(liabilities)
Cash at bank and in hand
Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabilities)
Long term assets/(liabilities)
Tangible fixed assets		 Funds
£
308,911
24,656
3,279
-
336,845
Funds
£
287,843
48,550
( 12,877 )
-
323,516
Unrestricted
Unrestricted		 Restricted
Funds
£
-
82,319
-
-
82,319
Restricted
Funds
£
-
48,623
-
-
48,623		 Total
2021
£
308,911
106,974
3,279
-
419,164
Total
2020
£
287,843
97,172
( 12,877 )
-
372,139

26