**Trustees** !" **Annual Report for the period**
**From 01/01/2021 To 31/12/2021**
**Charity name:** The Parochial Church Council Of The Ecclesiastical Parish Of St Michael And St George, Fulwell
## **Charity registration number: 1184231**
## **Objectives and Activities**
|||
|---|---|
|Summary of the purposes of the
charity as set out in its
governing document|The objectives of St Michael’s Fulwell are the advancement of religion in
accordance with the tenets and practices of the Church of England for the
public benefit including (but not limited to);
a) ancillary or incidental educational activities; and
b) other associated activities for the benefit of the community
We also have a church mission statement: to rebuild a gospel centred
community for Fulwell, Teddington and beyond.|
|||
|---|---|
|Summary of the main activities
in relation to those purposes for
the public benefit, in particular,
the activities, projects or
services identified in the
accounts.|**Church services**
At the beginning of 2021, services were conducted online due to the Covid
pandemic and in-person services were reinstated with social distancing
measures in April at three Sunday services (a young family’s service, an all
age service and an evening service) with a deep clean between each service.
In July, St Michael’s Fulwell vacated the church building to begin a
renovation project and moved to a temporary venue at St Peter’s and St
Paul’s Teddington. From July to the end of the year, three services were run
by St Michael’s Fulwell in the St Peter and St Paul’s building: a 10am service,
a 4pm service and a 6.30pm service. The 10am and 6.30pm services were
live streamed via the St Michael’s YouTube channels throughout the year to
accommodate those still shielding. In-person/online activities were provided
throughout 2021 for children and young people, and Bible teaching for all
ages through age-appropriate media.
**Parent and toddlers’ group**
When it has been possible, a group for under fours and their parents or
carers has run during the week for the benefit of families living in the local
area during 2021. This aims to provide suitable and safe activities for
children and support to parents and carers. During 2021, this was able to
run from March until the end of the year, when schools reopened. When St
Michael’s moved to the St Peter and St Paul’s building, this group moved to
the new venue too.
**Children’s and Youth groups**
Four groups (SMASH, SMASH Junior, Animate and Emerge) are run during
the week to provide activities and Bible teaching for the different age
groups. These are particularly aimed at members of the local community
who do not currently attend a church, as well as children and young people
from within the church community. During the pandemic period, these
groups have run effectively online, providing socialising and support for
young people during a challenging period. When schools reopened in
March, these groups returned to meeting in-person for the rest of 2021.
**Students**
In July 2021, St Michael’s expanded the staff team and appointed an
Assistant Minister who ran a weekly student group from September,
supporting students at the local university St Mary’s.
**Schools**
Visiting schools has been largely prohibited in 2021 due to the pandemic,
but the church has funded and supported the work of Insight, a Christian
charity which pivoted in 2020 to provide online material and activities for
schools in the Richmond borough.
**Small Groups**
During 2021 small groups from within the church community met on a
weekly basis in people’s homes to study the Bible. During the lockdown
period at the beginning of the year, this moved online before returning in-
person from March.
**Leadership Training**
In September 2021, we re-started the Ministry Training Home Group to
provide ministry training to volunteers in the church.|
**Beyond Fulwell and Teddington** We have participated in online activities run by the Co-Mission network of churches as well as in Church of England activities in 2021. We support mission partners, including Tearfund, UCCF and a church plant in Naples.
|Statement confirming whether
the trustees have had regard to
the guidance issued by the
Charity Commission on public
benefit||
|---|---|
||When planning our activities for the year, we have considered the
Commission’s guidance on public benefit and, in particular, the
supplementary guidance on charities for the advancement of religion.|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|||
|---|---|
|Policy for grant making|**Training**
We give ministry trainees a grant to support them while they undertake the
Cornhill Training course and related training activities. Ministry Trainees are
encouraged to raise support for their training themselves, and the size of
grant offered depends on the extent to which trainees have been able to
raise their own support.
**Support of mission**
The church currently supports several charities working beyond Teddington
with similar aims. The majority of these are closely connected with St
Michael’s in some way, and both the recipient and the amount are
discussed and approved by the PCC. In addition, donations are made to local
charities pursuing the same goals when this seems appropriate to the PCC.|
|Contribution made by
volunteers|An extremely important contribution has been made throughout the year by
volunteers within and outside our own church community, which has
enabled the running of the charity and its various activities. For example,
many weekly activities (Noah’s Ark, small groups etc) are run by volunteers
(many online during the pandemic period), the majority of the activities
required for Sunday services are carried out by volunteers, and the PCC
relies on the expertise of volunteers in many areas (eg. governance,
fundraising, building project).
In order to support our volunteers as best we can, we offer training
opportunities in the relevant areas. For example, members of our youth and
children’s team have done safeguarding training, first aid training and
training in Special Educational Needs provision.|
|Other||
## **Achievements and Performance**
|||
|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to the
circumstances of its
beneficiaries and any wider
benefits to society as a whole.|**Church Growth**
Despite limitations and challenges facing worship and mission in 2021 as the
pandemic continued, and moving our congregation to a new, temporary
venue while we began a renovation project on our church building during
the year, we were able to maintain a steady number of church members
through online and in-person services. For example, our average attendance
during October 2021 was 152 from 112 the previous year. Our online
services were watched by a varying number of households through the year,
depending on the availability of in-person services, but we were able to
reach individuals not living locally as well as our existing congregation.
Numerical growth is not the only indicator of success and care is taken to
ensure the spiritual growth of those within and outside the church as well,
but after another challenging year, we are thankful to have maintained
connections with the church family at St. Michael’s.
**Outreach**
The church continues to seek the growth of a gospel community in the
wider area, and to this end provides many opportunities for those outside
the church to come into contact with church life. Our ‘One Life’ seekers
course ran twice over the course of the year, once on Zoom and another
time in person.
St Michael’s also runs church family lunches once a month after the Sunday
morning service, a children’s dinner after every 4pm Sunday service, and
men’s breakfasts and women’s dinners once a term. These were postponed
throughout the pandemic, but returned in Summer 2021 once restrictions
had lifted.
**Regenerate**
Despite the delays and complications of the pandemic, we persevered with
our Regenerate Project and began the renovation of the St Michael’s
building in 2021. Generous donations from our church family and grants
allowed us to raise just over £90,000 prior to beginning the project.|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|||
|---|---|
|Achievements against objectives
set|Our objectives for this year were:
**a) Engage a contractor and begin the Regenerate building project**
This target was achieved and renovation on our church building began in
August 2021.
**b) Thoroughly review and enhance our safeguarding policies and**
**practices**
Safeguarding policies and practices were reviewed over the course of the
year with the staff team, in particular, deadicating time to training, reading
and discussion around this issue.
**c) Initiate a re-structuring of the staff team to ensure that every area**
**of church life is given adequate value and time.**
The PCC adopted a new organisational structure based around the 5Ms
recommended by Rich Warren in his book,_The Purpose Driven Church_. This
divides our life as a church into five areas: Mission, Membership, Maturity,
Ministry and Magnification. Each area is led by a member of the staff team.|
|Other|Our aims for next year will be:
A) To complete Regenerate and return the main activities of the church
to St Michael’s itself
B) To establish a new pattern of worship and ministry in the newly
refurbished building
C) To begin re-engaging with the local community.|
## **Financial Review**
|||
|---|---|
|Review of the charity’s financial
position at the end of the period|The summary of the charity’s income and expenditure is available in the
financial overview. It should be noted that due to the ongoing transfer
of assets from St Michael’s CIO (Charity Number: 1160287), some
transactions were completed by the St Michael’s CIO on behalf of the
PCC, and so appear in their accounts, which have also been made
available to the congregation. The PCC accounts give a financial
summary of both charities combined, which gives the best summary
position for the charity’s activity. Numbers below come from these
combined figures.
For the general (unrestricted) fund, the vast majority of income came
from voluntary receipts which increased by £9,507 from the 2020 figure.
Meanwhile, 2021 saw the resumption of many church activities
following significant COVID-19 related disruption in 2020. This led to
income from church activities of £5,642 including income from events
and statutory fees. Overall, St Michael’s recorded income of £281,252 in
2021.
The majority of the church’s general fund expenditure is on staffing, and
these costs remained relatively stable throughout 2021. Despite the
resumption of many church activities, running costs remained slightly
below 2020 levels. Meanwhile no expenditure on church repairs and
maintenance was required in 2021. Overall, St Michael’s recorded
expenditure of £213,904 in 2021; plus, a transfer of £55,000 to the
Pedley restricted fund.
As well as the general funds, fundraising for the Regenerate building
project continued through 2021, with building work commencing during
the second half of the year. There are also restricted funds for funding
ministry for Revd. Simon Pedley and for Toby Ling, as well as for the
PASS charity, providing advice for expecting parents of children with
pre-natal anomalies, and Love Refugees, fundraising for hosting a
refugee family.|
|Statement explaining the policy
for holding reserves stating why
they are held|The PCC resolves to build up reserves to a total of three months’ running
costs. This is to allow staff to be paid and ministry to continue in the
event of a funding crisis or cashflow difficulty. The PCC commits to
planned saving in future years in order to build up this reserve further.|
|Amount of reserves held|£82,808 (unrestricted)|
|Reasons for holding zero
reserves|n/a|
|Details of fund materially in
deficit|None|
|Explanation of any uncertainties
about the charity continuing as
a going concern|n/a|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) Investment policy and objectives including any social investment policy adopted A description of the principal risks facing the charity Other
## **Structure, Governance and Management**
|||
|---|---|
|Description of charity’s trusts:|None|
|Type of governing document
(trust deed, royal charter)|PCCs Measure 1956 and the Church Representation Rules|
|How is the charity constituted?
(e.g unincorporated association,
CIO)|The PCC is a body corporate|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of any
person or body entitled to
appoint one or more trustees|The method of appointment of PCC members is set out in the Church
Representation Rules. At St. Michael’s, the membership of the PCC
consists of the incumbent (our vicar), churchwardens, a diocesan synod
representative, and members elected by those members of the
congregation who are on the electoral roll of the church. All those who
attend our services / members of the congregation are encouraged to
register on the Electoral Roll. The PCC members are responsible for
making decisions on all matters of general concern and importance to
the parish including deciding on how the funds of the PCC are to be
spent. New members receive initial training into the workings of the
PCC.
The full PCC met six times during the year (three times over zoom during
the pandemic period and three times in person when pandemic
restrictions lifted). Given its wide responsibilities, the PCC has several
committees, each dealing with a particular aspect of parish life. These
committees, which include Finance, Employment, Building and
Regenerate fundraising committees, are all responsible to the PCC and
report back to it regularly with minutes of their recommendations being
received by the full PCC and discussed as necessary.
Two members of the PCC are also employees of the PCC, and due regard
is taken to ensuring that conflicts of interest are carefully managed.|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Policies and procedures
adopted for the induction and
training of trustees||
|---|---|
||The charity trustees will make available to each new charity trustee, on
or before his or her first appointment:
•
a copy of the PCC’s latest Trustees’ Annual Report and statement of
accounts.
•
The trustee eligibility form
•
The Essential Trustee (Charity Commission)
•
PCC Accountability: The Charities Act 2011 and the PCC (Church of
England)|
|||
|---|---|
||•
Church Policy Handbook|
|The charity’s organisational
structure and any wider
network with which the charity
works|The Church of England provides the official framework within which we
operate.
Co-Mission is a network of churches within London from which we
receive training and support, and to which we commit to donate money
each month. The amount is suggested by Co-Mission but is an entirely
free gift and there is no financial obligation towards the network.|
|Relationship with any related
parties|Emmanuel Teddington is a charity set up to provide housing for gospel
workers in the Teddington area. The minister of St Michael’s benefits
from this charity as his house is partly owned by this trust.|
|Other||
## **Reference and Administrative details**
|||
|---|---|
|Charity name|The St Michael and St George Fulwell Mission Initiative|
|Other name the charity uses|St Michael’s Fulwell|
|Registered charity number|1160287|
|Charity’s principal address|St Michael’s Church
Wilcox Road
Teddington
TW11 0SP|
## **Names of the charity trustees who manage the charity**
||||||
|---|---|---|---|---|
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body)**
**entitled to appoint trustee**
**(if any)**|
||Rev Edward Kendall|Chair|||
||Rev Simon Pedley||||
||Mr Simon Richards|Church Warden|||
||Mr Douglas Perrin|Deanery Synod
Representative|||
||Mrs Georgia-Karena
Taylor|Deanery Synod
Representative
PCC Secretary|||
||Mrs Babette Bullock|Children’s Champion|||
||Mr Thomas Conway||||
||Mr Benjamin Keenan|Mission Partner
Champion|From 1stJuly||
||Mrs Caroline
Humphrys||||
||Mr Oliver Humphrys|Treasurer|||
||Dr Jennifer Eades|Church Warden|||
||Mrs Claire Woods||Until 1stJuly||
||Dr Nathan Woolley|Treasurer|||
||||||
||||||
||||||
||||||
||||||
||||||
18 19 20
Corporate trustees – names of the directors at the date the report was approved
**Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
**Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**----- Start of picture text -----**
Signature(s)
Full name(s)
Position (eg
Secretary, Chair, etc)
Date
**----- End of picture text -----**
## St Michael's Fulwell
The Parochial Church Council of the Ecclesiastical Parish of St Michael and St George, Fulwell
## Statement of Accounts
2021
1
Financial Statements for the Year Ended 31 December 2021
Statement of Financial Activities for the year ending 31 December 2021
||Note|Unrestricted Fund|Restricted Fund|Total 2021|Total 2020|
|---|---|---|---|---|---|
|||£|£|£|£|
|**Incoming resources**|2|||||
|Voluntary income||232,967|506,695|739,662|54,903|
|Activities for generating funds||-|1,245|1,245||
|Church activities||5,642|-|5,642|3,146|
|**Total incoming resources**||238,609|507,940|746,549|709,608|
|**Resources expended**|3|||||
|Church activities||201,705|529,927|731,631|980|
|**Total resources expended**||201,705|529,927|731,631|980|
|||||||
|**Net incoming resources before transfers**||36,904|(21,987)|14,917|708,628|
|Transfers between funds|8|(55,000)|55,000|-|-|
|Incoming transfer from the CIO||15,533|92,891|108,424|2,223|
|Funds owed by CIO||14,911|-|14,911|651,558|
|**Net incoming resources before other**||||||
|**recognised gains/(losses)**||12,348|125,904|138,252|708,628|
|||||||
|**Net movement in funds**||12,348|125,904|138,252|708,628|
|||||||
|Balances b/fwd 1 January||70,460|638,167|708,628|-|
|||||||
|Balances c/fwd 31 December||82,808|764,071|846,879|708,628|
2
Balance Sheet at 31 December 2021
|Note
Unrestricted Fund
£
**Fixed assets**
Tangible
4
-
-
**Current assets**
Debtors
5
18,841
Short-term deposits
-
Cash at bank and in hand
68,513
87,353
**Liabilities**
Creditors (due within one year)
6
4,546
**Net current assets**
82,808
Creditors (due after one year)
-
**Total net assets**
82,808
**Represented by parish funds**
**Unrestricted**
**Restricted**|Restricted Fund
Total 2021
£
£
-
-
-
-
31,589
50,430
-
-
862,356
930,870
893,946
981,299
129,875
134,420
764,071
846,879
-
-
764,071
846,879
2021
82,808
764,071
846,879|Total 2020
£
-
-
654,358
-
54,270
708,628
-
708,628
-
708,628
2020
70,460
638,167
708,628|
|---|---|---|
## **Notes**
On 30th November 2020, a deed of asset transfer was drawn up between the St Michael and St George Fulwell Mission Initiative ("the CIO") and The Parochial Church Council of the Ecclesiastical Parish of St Michael and St George Fulwell ("the St Michael's Fulwell PCC"). The deed states that all CIO assets are now legally due to the St Michael's Fulwell PCC. The St Michael's Fulwell PCC was set up as a successor charity to the CIO, to enable the Church of England church (to which both charities relate) to function as an ecclesiastical parish, as governed by the 1956 Parochial Church Council Powers Measure. A combined SOFA and statement of assets is available as note 9.
## **1. Accounting policies**
Basis of financial statements
The financial statements have been prepared under the Church Accounting Regulations 2006 in accordance with applicable accounting standards and the current Statement of Recommended Practice, Accounting and Reporting by Charities and applicable accounting standard FRS 102.
The financial statements have been prepared under the historical cost convention. The financial statements include all transactions, assets and liabilities for which the charity is responsible in law. They do not include the accounts of church
3
groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
## Fund accounting
Restricted funds comprise revenue donations or grants for a specific charitable activity intended by the donor.
Unrestricted funds are income funds that are to be spent on the charity's general purposes.
## Incoming resources
Planned giving, collections and similar donations are recognised when received, even where the donor has indicated a likely level of future giving. Tax refunds are recognised when the incoming resource to which they relate is received. Grants are accounted for when the charity is entitled to the use of the resources, their ultimate receipt is considered reasonably certain and the amounts due are readily quantifiable. All incoming resources are accounted for gross.
## Resources expended
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the charity. All other expenditure is generally recognised when it is incurred and is accounted for gross.
## Fixed assets
Equipment used within the church premises is depreciated on a straight-line basis over four years. Individual items of equipment with a purchase price of £1000 or less are written off when the asset is acquired.
4
## **2. Incoming resources**
|Note
a) Voluntary income:
Planned Giving
a.
Collections at Services
All other giving/voluntary receipts:
Gift Aid Accrued
b.
Grants
c.
b) Activities for generating funds:
c) Church activities
Church Activities
Other receipts
Total Income
d) Transfers
Incoming transfer from the CIO
d.
Funds owed by the CIO
d.
Total Income including funds owed
by the CIO|Unrestricted Fund
Restricted Fund
Total 2021
Total 2020
£
£
£
£
173,693
35,737
209,429
16,255
-
161
16,613
211,070
227,683
3,882
40,162
30,754
70,916
2,800
2,500
229,134
231,634
31,805
232,967
506,695
739,662
54,903
-
1,245
1,245
-
-
1,245
1,245
-
5,637
-
5,637
860
5
-
5
64
5,642
-
5,642
924
219,496
67,736
287,232
709,608
15,533
92,891
108,424
2,223
14,911
14,911
651,558
269,053
600,831
869,883
709,608|
|---|---|
a. The church is undertaking the Regenerate project to raise funds to renovate the church building of St Michael and St George Fulwell (see note 8 for more details). Planned giving has come from people known to the Church, or part of the local community (Friends of St Michael's and Patrons). The Regenerate fund accounted for £33,337 of restricted giving here. The remainder (£2,400) was planned giving from members of the Church to PASS.
b. The restricted gift aid here was for the Regenerate building project (£30,154) and PASS (£600).
c. Grants comprised £2,500 from the Howard Foundation, £35,004 of restricted funds from the Co-Mission charity in support of Toby Ling's role, and restricted grants totalling £194,130 in support of the Regenerate building project from the Diocese of London (£166,375), DCMS (£2,755), and Garfield Weston (£25,000).
5
d. On 30th November 2020, a deed of asset transfer was drawn up between the St Michael and St George Fulwell Mission Initiative ("the CIO")and The Parochial Church Council of the Ecclesiastical Parish of St Michael and St George Fulwell ("the St Michael's Fulwell PCC"). The deed states that all CIO assets are now legally due to the St Michael's Fuwlell PCC. The St Michael's Fulwell PCC was set up as a successor charity to the CIO, to enable the Church of England church (to which both charities relate) to function as an ecclesiastical parish, as governed by the 1956 Parochial Church Council Powers Measure. Transfers totalling £759,982 were made in 2021 (including £651,558 accounted for in 2020 as funds owed plus additional transfers of £108,424 made of ongoing income). An amount of £14,911 is owed from the CIO to St Michael's PCC and is expected to be transferred during the course of 2022. A combined SOFA and statement of assets is available as note 9.
6
## **3. Expenditure**
|Note
**a) Church activity expenses**
Church activities:
Salaries and wages
a.
Clergy and staff expenses
b.
Church running costs
Donations
Common Fund
Depreciation on AV equipment
Regenerate - Professional Fees
Total expenditure|Unrestricted Fund
Restricted Fund
Total 2021
Total 2020
£
£
£
£
74,966
59,304
134,270
63,918
27,372
91,290
27,306
631
27,937
960
20,515
-
20,515
20
15,000
-
15,000
-
-
-
-
442,620
442,620
201,705
529,927
731,631
980
201,705
529,927
731,631|
|---|---|
a. Restricted salaries and wages are comprised of wages for the Regenerate Fundraiser and Project Manager (£6,549), funds paid to the diocese to reimburse the cost of a stipend for Simon Pedley from the Pedley restricted fund (£39,900) and a salary for Toby Ling from the Ling restricted fund (£12,855).
b. Restricted staff expenses include expenses for the Regenerate Fundraiser and Project Manager (£1,345), Simon Pedley from the Pedley restricted fund (£23,152 - including housing) and Toby Ling from the Ling restricted fund (£2,875).
7
## **4. Tangible assets**
The PCC has no tangible assets above the reporting threshold. The St Michael and St George Fulwell church building is the property of the Diocese of London, and they allow this to be used by the charity for worship and related church activities at no cost. The building is consecrated, so it is not included in the accounts, as a parallel to the arrangements for PCCs in s.10(2)(a) and (c) of the Charities Act 2011
## **5. Debtors**
**----- Start of picture text -----**
Unrestricted Restricted
Transfer from CIO 14,911
Gift Aid eligible for claim 3,930 31,589
Total 18,841 31,589
**----- End of picture text -----**
Restricted fund Gift Aid eligible for claim is for the Regenerate fund (£31,539) and PASS (£50)
## **6. Creditors**
**----- Start of picture text -----**
||||
|---|---|---|
|Unrestricted|Restricted|
|Invoices for 2021 expenses paid in 2022|1,221|640|
|Stipend costs owed to London Diocesan Fund|3,325|3,325|
|Regenerate contract costs|125,910|
|Total|4,546|129,875|
**----- End of picture text -----**
## **7. Staff**
Staff costs
**----- Start of picture text -----**
|||||
|---|---|---|---|
|2021|2020|
|£|£|
|Salaries and wages|a.|54,469|35,352|
|Social security costs|12,721|4,395|
|Pension costs|4,405|5,919|
|Other benefits|-|-|
|Total staff costs|71,595 45,665|
**----- End of picture text -----**
a. Salaries and wages included here do not include the stipends for Ed Kendall and Simon Pedley's roles and therefore differs from the salaries and wages figure presented in 3.a)
Staff were previously employed by the St Michael and St George Fulwell Mission Initiative, CIO, and their contracts were transferred to this charity in 2021. Two of these staff are trustees of the charity and will be paid salaries and expenses. In addition, Ed Kendall and Simon Pedley are clergy and ex-officio trustees funded by the Diocese of London, and the PCC are responsible for their costs. There were no other payments made to trustees in 2021.
Average head count in the year
**----- Start of picture text -----**
||||
|---|---|---|
|2021|2020|
|Ministry|1.42|1.42|
|Administration|2|2|
|Total|3.42|3.42|
**----- End of picture text -----**
## **8. Funds**
The movements in designated and restricted funds during the year were:
8
|Unrestricted funds
General
Restricted funds
Regenerate
Pedley
PASS (previously Bunyan)
Love: Refugees
Ling|Bal b/fwd Income
Expenditure
Transfers
Bal c/fwd
£ £
£
£
£
70,460 267,053
(201,705)
(55,000)
82,808
631,538 545,020
(451,145)
-
725,413
793 17,180
(63,052)
55,000
9,920
(3,017) 3,070
-
-
53
8,854 557
-
-
9,410
0 35,004
(15,730)
-
19,274
708,627 869,883
(731,631)
-
846,879|
|---|---|
The Regenerate Fund is the restricted fund which holds those funds being raised for the renovation of the St Michael and St George Fulwell church building.
The Pedley fund represents funding provided for the ministry costs of Rev Simon Pedley. External support for the post has been provided for the first few years of his ministry; however, 2022 will be final year of this funding after which the PCC will be taking on full responsibility for the Pedley ministry costs. We are grateful to external supporters for contributing to this fund. The fund pays for Mr Pedley's stipend, NI, tax, housing, and expenses.
The PASS fund is the restricted fund for the ministry of Mrs Lois Bunyan. Mrs Bunyan's ministry involves the creation of the PASS project, which provides information to parents who have had a recent diagnosis of foetal abnormality. The funds are used for operational costs.
The Love: Refugees Fund is a restricted fund to raise income for the Love: Refugees project to sponsor the resettlment of a refugee family in the local community, through the Home Office Community Sponsorship Scheme. Funds were given by people in the church and community.
The Ling Fund represents funding provided for the ministry costs of Toby Ling. External support has been provided for the post for the first few years of his ministry. The fund pays for Mr Ling's salary, tax, pension, and expenses.
9
## **9. Combined SOFA and statement of assets across both CIO and St Michael's Fulwell PCC**
Statement of Financial Activities for the year ending 31 December 2021
|Note
**Incoming resources**
Voluntary income
Activities for generating funds
Church activities
**Total incoming resources**
**Resources expended**
Church activities
Costs of generating funds
**Total resources expended**
Net incoming resources before transfers
Transfers between funds
**Net movement in funds**
Balances b/fwd 1 January
Balances c/fwd 31 December
**Net incoming resources before other**
**recognised gains/(losses)**|Unrestricted Fund
Restricted Fund
Total 2021
Total 2020
£
£
£
£
275,586
606,136
881,721
494,564
-
1,292
1,292
2,344
5,666
-
5,666
27,846
281,252
607,427
888,679
524,754
213,904
536,523
750,427
360,888
-
-
-
549
213,904
536,523
750,427
361,437
67,348
70,904
138,252
163,317
(55,000)
55,000
-
-
12,348
125,904
138,252
163,317
12,348
125,904
138,252
163,317
70,460
638,167
708,628
545,311
82,808
764,072
846,880
708,628|
|---|---|
10
## Balance Sheet at 31 December 2021
|Note
**Fixed assets**
Tangible
**Current assets**
Debtors
Short-term deposits
Cash at bank and in hand
**Liabilities**
Creditors (due within one year)
**Net current assets**
Creditors (due after one year)
**Total net assets**
**Represented by parish funds**
**Unrestricted**
**Restricted**|Unrestricted Fund
£
-
-
16,188
-
71,165
87,354
4,546
82,808
-
82,808|Restricted Fund
Total 2021
£
£
-
-
-
-
31,589
47,777
-
-
862,356
933,522
893,946
981,300
129,875
134,420
764,072
846,880
-
-
764,072
846,880
2021
82,808
764,072
846,880|Total 2020
£
-
-
78,648
-
630,569
709,217
589
708,628
-
708,628
2020
70,460
638,167
708,628|
|---|---|---|---|
11
## **Independent Examiner’s Report to the Parochial Church Council of the Ecclesiastical Parish of St Michael and St George, Fulwell**
I report on the accounts of the PCC of The Ecclesiastical Parish of St Michael and St George, Fulwell for the year ended 31 December 2021.
## **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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act
- to follow the procedures laid down in the general Directions given by the commission under section 145(5)(b) of the 2011 Act
- to state whether particular matters have come to my attention
## **Basis of Independent Examiner’s Report**
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 you as 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 next statement.
## **Independent Examiner’s Statement**
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that in any material respect the requirements: • to keep accounting records in accordance with section 130 of the 2011 Act and
• to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Craig McDowell 19-May-2022
56 The Bittoms, Kingston-upon-Thames, KT1 2AP