**Reports and Financial Statements 31 December 2020**
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## **Contents**
- **3** Legal and Administrative Information
- **5** Report of the Parochial Church Council
- **17** Independent Examiners Report to the Parochial Church Council
- **18** Statement of Financial Activities
- **19** Balance Sheet
- **20** Notes to the Financial Statements
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## **Legal and Administrative Information**
Charity Name: The Parochial Church Council of the Ecclesiastic Parish of St Saviour Hanley Road (“PCC”)
Charity Registration: 1185858
## Principal Address:
St Saviour’s Church is situated on Hanley Road, London N4 3DQ. It is part of the Stepney area of the Diocese of London within the Church of England. The correspondence address is St Saviour’s Vicarage, Hanley Road, London N4 3DQ
The Governing Document: Parochial Church Council Powers Measure (1956) as amended and Church Representation Rules
## **Objectives:**
The primary objective of St Saviour’s PCC is to be a church alive in God’s love to serve the city. St Saviour’s PCC has the responsibility of co-operating with the Incumbent, the Revd. Pete Hughes, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the church buildings of St Saviour’s.
The PCC’s main objective continued to be to grow the life and love of God and to see how St Saviour’s can best help and minister to the needs of our local community and beyond. To facilitate St Saviour’s evangelistic mission in the local area and beyond it is important that the fabric of the church is maintained and opportunities for development identified.
## **Members of the PCC:**
The Revd. Pete Hughes Chair (Priest in charge)
Incumbent (Chair):
Church Leaders:
Matthew Seymour (Ordinand) Anna Seymour
Curate:
Rebecca Daynes
Licensed Lay Minister: Myna Jones
Churchwardens:
Dennis Hylton Philippa Bailey Annabel Cox (Oct 2019 - Oct 2020)
Elected members:
## **October 2019**
Grace Haastrup (Deanery Synod Representative) Timothy Kenson Jemima Reynolds Anna Shkalla
## **October 2020**
Christopher Brees Nathan Hosker Sam Rogers
## **Stepped down in October 2020**
Daniel Allwood Jennifer Desborough Kate Henry
Treasurer: Secretary:
Aaron Rodewald
Daniel Allwood (From December 2020)
## **Bankers**
NatWest 11 Upper Street London N1 0PQ
## **Independent Examiners**
Knight Goodhead 7 Bournemouth Road Chandler's Ford, Eastleigh Hampshire SO53 3DA
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## **Report of the Parochial Church Council**
The Parochial Church Council of the Ecclesiastic Parish of St Saviour Hanley Road (“PCC”) submits its report and the financial statements of the PCC for year ended 31 December 2020. The financial statements have been prepared in the format prescribed by the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP2015 (FRS102)) and the Financial Reporting Standard 102. The legal and administrative information set our earlier in this document forms part of this report.
## **1. Structure, Governance and Management**
## **1.1 Trustees**
The PCC is a corporate body established by the Church of England. The method of appointment of PCC members is set out in the Church Representation rules. All church attendees are encouraged to register on the Electoral Roll and to stand for election to the PCC. Members of the PCC are either ex officio or elected by the Annual Parish Meetings in accordance with the Church Representation Rules and are trained at the first meeting on how to participate.
## **2. Activities & Strategies**
The PCC has given due regard to the Charity Commission’s guidance on public benefit. The PCC believes that by promoting the Christian faith it provides a benefit to the public by:
- Providing facilities for public worship, pastoral care and spiritual development, both for existing church 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.
## **1.2 Electoral Roll**
The Electoral Roll that was compiled in October 2020 stood at 75.
Since the launch of the partnership back in October 2019, the congregation has grown from 25 to over 100 regularly attending on a Sunday, and growth has continued since lockdown, which we have been massively encouraged by.
## **3. PCC**
The PCC has 9 elected members including 2 churchwardens, Incumbent and Chair, Pete Hughes, church leaders Matt and Anna Seymour, curate Bex Daynes, Licensed Lay Minister Myna Jones. Aaron Rodewald, treasurer and Daniel Allwood, Secretary also attend the PCC without voting rights.
## **1.3 Risk Management**
The PCC has a risk management strategy which comprises:
- An annual review of the risks that the PCC may face
- The establishment of systems and procedures to mitigate those risks
- The implementation of procedures designed to minimise any potential impact on the PCC should those risks materialise
The PCC met three times during the year with good attendance (average 80%). Committees met between meetings and reports of their findings were received by the PCC and discussed where necessary. Minutes and attendance are recorded at each PCC meeting. The PCC complies with the duty under section 5 of the Safeguarding and Clergy discipline measure 2017 in relation to having due regard to the House of Bishops’ guidance on safeguarding children and adults.
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## **4. Parish Life and Ministry**
## **4.1 Services**
Sunday services are an opportunity to celebrate the life of the Kingdom together as a whole church community and have been a huge blessing throughout this past season, despite all the challenges that have been thrown up during such unusual times. It has been so good to see that overall numbers have held steady at around 55-60 dial-ins over Zoom each week and it has been wonderful to see so many regular faces worshipping, praying, crafting (thank you Rachael!) and joining to say Yes and Amen to all God is unfolding in this part of town. We are really excited about re-gathering in person in the church building from Easter Day onwards, with kids work beginning Sunday 18 April. Let’s be praying that as we re-open from lockdown, we would enter a period of recovery over the
Spring and Summer months that would enable us to relaunch in the power of the Spirit come September when we will be stepping into our third year in the life of this new partnership. Come Holy Spirit!
## **4.2 Worship Team Report**
In view of Jesus’ love, mercy and faithfulness, and the hope that we find in him, we respond in worship by offering our very lives to him (Romans 12). At our Sunday services and other gatherings, this takes communal and congregational form, particularly through music. Music is an incredible God-given gift that draws everyone together as we express our worship to Jesus through singing, instruments, movement and word. We find in scripture the promise that when we gather and sing his praises, he is present by his spirit, ministering amongst and through us (Psalm 22). That is why worship and particularly musical worship at our services and events is so central to who we are as a community of believers.
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In 2020, our team of musicians and tech personnel grew to 29 people, with a wide variety of people and gifts to help lead, form and shape our corporate musical worship. There has been a particular emphasis on developing new and upcoming musicians, tech team and worship leaders, while striving for excellence with what we have to offer in our corporate worship. Because worship is corporate, the team is constantly striving to always draw, pastor and encourage the congregation as a whole in worship that is Jesus focussed.
The pandemic meant that we weren’t ableto worship together, but the team has adjusted with creativity and energy. Through various grants this year (which we are so grateful for), we’ve been able to adapt our tech to accommodate worship services and events online. We’ve been particularly blessed by the skills and expertise of those within our worship team to help make this happen.
A particular highlight was the Tollington Gospel Choir who went virtual through the pandemic and recorded and released a virtual choir track, which can be found here. The choir is an amazing example of how music can bring people of all backgrounds together and the joy that is experienced particularly through music that carries the Gospel message. Furthermore, we were able to live stream our Christmas Carol services, which meant those who were selfisolating were still able to attend and celebrate the Christmas season, particularly those from our community who only attend St Saviour’s during this time of year.
## **4.3 Children’s and Youth Ministry Report**
It has been wonderful to see the blossoming of friendships amongst our children and how they are developing a freedom and enjoyment of Church life – really claiming it as their own!
A huge thanks to Harriet Carter who has started and continued to run the parent and baby/toddler group: ‘Sound Explorers’ each Tuesday morning. This group has brought together the mothers of little ones in our Church, and it has been wonderful to see the children developing their
friendships and learning one another’s names among their first words. How incredible to have this space to welcome new life into the Church!
The primary school aged children have been attending kids church during the Sunday morning service. A strong core amongst the kids attending has formed and they are building a welcoming atmosphere for some new children beginning to explore St Saviour’s. The children also are loving the regeneration of the garden. A huge thank you to Mark Diamond for building the children’s play area in the garden, and for the whole team who were part of clearing our Church garden. I cannot begin to say what a gift it is for the children, and their parents! Parents and children are also able to use the garden during the week, which is wonderful that the Church space is really being used to benefit the Church family, not just on a Sunday! A huge thanks to Pippa Bailey who worked with Rosie Gillum, our previous Children and Families’ lead; to decorate the youth and children’s room in the vicarage. The kids absolutely love the space and are right at home!
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We have also been able to partner up with Growing Hope, to run a ‘Safer Parenting’ course for the beginning of 2021. We are really excited about supporting our parents, and also using these opportunities to welcome new families in.
We will soon be hosting dance lessons from the Church, with many being available for children. We are really excited and expectant to welcome new people into the Church and build relationships with the families in our community.
We have begun a relationship with Duncombe school and have been able to give a financial gift. We are hoping to develop this relationship with the school, and are praying for a good relationship to form out of these first openings.
During the first pandemic the kids were able to join into our KXC church family service and were also connected via zoom, facilitated by Rosie Gillum. Rosie moved on from St Saviour’s this year and I had the joy of joining the St Saviour’s team. I can honestly say that Rosie has set up a firm foundation for the kids ministry in St Saviour’s that will benefit us long into the future. A massive thank you should also be acknowledged to Emma Bird, Alex Henry and Anna Seymour who have carried the kids team through the transition between Rosie and myself and have given lots of support to the kids ministry this year – often stepping in at the last minute.
Clare and Marcus have also helped us set up and navigate our way through the safeguarding procedures. They have ploughed through numerous guidance to help us get our safeguarding up to scratch and do our best to make St Saviour’s a safe environment for all.
## **4.4 Pastoral Care and Hubs**
Hubs have been even more vital in this season, providing community, fellowship and support to many. A massive thanks to all the Hub leaders past and present and to Marcus and Clare Manuel, Myna Jones and Jemima Reynolds for their role in pastoral care in this season.
We have 6 Hubs running online, with the majority of the congregation attending a Hub. At the beginning of the lockdown staff
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members also made contact with everyone on ChurchSuite who wasn’t in a Hub to make sure everyone was reached.
The staff team support Hub Leaders by checking in and being available to leaders wherever needed as well as regular Hub Leaders meetings. Laura Tinsley, Matt Tinsley and Marcus Manuel produced a helpful document for leaders “Pastoral Care, Confidentiality and Safeguarding”.
Marcus Manuel has organised the St Saviours’ Safeguarding process so everyone who needs it has been offered online training & all training completed is recorded on ChurchSuite. Rachael Higson is overseeing all the ongoing DBS checks needed. Clare Manuel is our Designated Safeguarding Officer.
The “Coffee Hub” has been a brilliant provision for some of the more elderly and vulnerable members of the congregation. For example from weekly check-in phone calls, to providing the tech needed for members to join online services and organising shopping for people in sheltered housing.
Marcus Manuel and Myna Jones have also recently set up a prayer@stsaviours.church email to respond to prayer requests, as well as checking in with those who attend morning prayer, which they lead alongside others on Monday, Wednesday and Friday.
We have hosted two weddings & overseen one funeral at a local Crematorium over the last year. More weddings are booked at St Saviours for the year ahead, which is exciting!
## **4.5 Prayer**
Last April the mid-week morning prayer meeting morphed from once a week in the church for an hour to a zoom call three times a week for twenty minutes. The format also changed from bible reading followed by open prayer to Church of England set Daily Prayer liturgy with 5 minutes of open prayer at the end. The change has proved to be a wonderful blessing with people finding the regular time, the richness of scripture and the time for prayer requests a great way to start and frame the day. Attendance has risen
from 3-5 people (old format) to 7-12 (in February 2021). The rota for leading is shared across eight people and the zoom format allows for the four readings to be shared among whoever wants to volunteer. Reader of the year of the award definitely goes to Jeremy Hutchinson, for his masterful renditions whether it is a quiet meditative psalm or a furious prophetic denunciation.
## **4.6 Fellowship Fund**
Since lockdown began, St Saviour’s has
established the fellowship fund to support those in urgent financial need. Nearly £9k has since been given to the fund, and it has been used to help a wide range of urgent needs which have arisen over this time. For example purchasing a much needed washing machine for a single parent family referred through foodbank, enabling Duncombe (a primary school in our parish) to buy clothes for children who need them, helping towards funeral costs and those in fuel poverty. We are so grateful to those that have given to the fund.
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## **4.7 Sound Explorers**
Sound Explorers was born from a need for free parent and child (0-3) sessions in the local community. Most classes cost money and after researching it became apparent that there was a need for free, quality sessions. The session is run by Harriet who is a primary school teacher with a specialism in music. The group first met for Sound Explorers in September with space for 15 parents/carers/grandparents and their babies/children. We were full on the first session and we now have a weekly sign up that fills up in a matter of minutes. We have different attendees each week from the local community and it has been great to see new parents form friendships as well as slightly older children form new friendships of their own. We have managed to run safely throughout the year, apart from during the National Lockdown. We are looking forward to returning together after Easter and being able to host larger groups.
## **4.8 Foodbank**
The work of the foodbank team and all those who have volunteered since St Saviour’s partnered with KXC for this initiative has been utterly remarkable. Here are some stats to chew over since it began back in April:
- 2950 food parcels have been packed
- 1418 deliveries made to individual and families across the borough
- 180 different households served in the Camden and Kings Cross areas of Islington, as well as many people within the St Saviour’s parish
- Over 70 volunteers from St Saviour’s and KXC have given their time and energy and Zach Gain – who heads it up – tells us this number is growing
All this has been helped with incredible donations of food from Pentonville prison and Rogers Removals.
When David Lammy MP saw some of the staff from Pentonville prison outside the church, here’s what he wrote on his social media page:
_“The other day, we bumped into Pentonville Prison staff delivering bags of food to a local church. These donations have been made by the prisoners themselves, who had used their allowances to buy food from their canteen to send to foodbanks. Even with limited resources, they still wanted to help others in need. A reminder that prisoners are part of our community and that, to get through this crisis, we all need to look out for each other.”_
Sometimes comments like ‘the light shines brighter in the darkness’ can sound twee but the work of the foodbank community is offering real light in some of the darkest places right now, and we are unbelievably proud to be associated with it.
As well as food donations, there have been financial contributions of over £23k from both St Saviour’s and KXC members. Zach told the congregation recently: “We have been blown away by the generosity of so many in the community who have enabled this. We and the people of Islington are grateful!”
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## **5. Buildings and Garden**
## **5.1 Garden**
In Autumn 2019, the 1000sq metre garden to the back of the church was overrun with weeds, rubble, glass, plastic, dumped earth and litter which had gathered over decades of dereliction and neglect. By Summer 2020, it had been transformed into a green, open garden, a unique space in the heart of a densely urban neighbourhood. A number of remarkable things enabled this dramatic transformation to happen in such a short period of time:
Telford Homes, overseeing the multi-million pound Finsbury Park station redevelopment, offered £5k of in-kind support, sending ten people over five days, along with at least two 20-yard skips and a huge digger, to clear the area of the enormous amount of stuff collected over 22 years of dereliction.
caretaker/operations manager at 2 days/week over 7 months to take on various aspects of the site infrastructure development, including this 1000sq metre space. As a result, we were able to gather volunteers to further dig up the ground, clear more rubble/litter/plastic, level the soil, re-seed the earth and wait for the grass to grow, which it did!
A member of the congregation volunteered his time to build a kids play-structure and create a 10metre high rope swing which, alongside a trampoline we bought, made provision for kids and big kids!
During the months of lockdown, this space became a haven for a number of people within the congregation as well as the local community, whether individuals or those with families, and we calculated that over 100 people safely used it even with lockdown restrictions in place so that no overlaps occurred. We can’t wait for a time when we can fully open it up.
Part of a £40k grant from The Church Commissioners and the Centre for Church Multiplication enabled us to employ a part-time
At the end of the summer, exactly one year on from launch, we were excited to host our first prayer and worship evening in the garden, filled
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_Garden before_
_Garden after_
_Mission Hall_
to the point we could not have everyone there due to Covid-19, giving thanks to God for His incredible provision of a new garden at the heart of the church.
Islington Council’s London Initiatives fund awarded the church £2.6k for the planting of new trees and the garden’s revitalisation for the community.
## **5.2 Roofs**
In early 2020 we became aware of the scale of repair needed for the rapidly deteriorating North & South aisle roofs which were leaking and causing water damage across the site - the cost of repair was estimated at £90k, an eyewatering sum of money which we could not nearly afford. Due to some hard work from our amazing Buildings Committee (Rich Spens, Nick Johnson, Aaron Rodewald from KXC, with Matt and Annabel Cox from St Saviour’s) an incredibly generous grant of £65k from the Cloudesley Foundation was secured towards the overall cost of the works. This, along with the increase in congregational giving over the course of the first year meant that we were able to account for the £25k difference. So for a relatively small amount, St Saviour’s was able to give the green light to LL Jeffrey Roofers to begin work immediately. The aisle roofs have been stripped down, repaired, insulated, re-slated with brand new slates and all waterproof materials upgraded. This will make the church more ecologically friendly (as well as dry) for generations to come.
## **5.3 Hall**
The church mission hall is a 250sq metre building which sits to the back of the garden. Built over 120 years ago, it has not been used for over twenty years. Our dream is to bring it back into play as a hub of life and energy at the heart of the church and the local community, as it was originally intended to be. We are seeing a remarkable story unfold around this space. First, Telford Homes came back and offered to clear the inside of the space from a number of items of furniture/ fridges/televisions and all sorts of other paraphernalia, used as a storage facility for two decades. Second, LL Jeffrey Roofers,
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while replacing the aisle roofs to the main church building, offered to make the hall roof watertight without charging for labour costs or the construction of scaffolding (only the cost of the materials). The potential for this hall to play its part in the local ecology of the surrounding neighbourhood, parish and Finsbury Park is huge, and we are desperate to see it once again come alive to serve God’s purposes and plans. Nick and Gav, from ARK coworking, with the help from the Buildings Committee, have developed a strategy to rebuild, restore and renew this space, and we are confident that their experience, skills and expertise means they are able to carry the full weight of this project.
## **6. Safeguarding report**
At St Saviour’s, we recognise that we have a duty to ensure the safety of children and vulnerable adults* who come into contact with us. This includes recognising that there are those who are determined to harm and who deliberately seek out groups or organisations where they can meet children or other vulnerable people. The Church is particularly vulnerable to these people. Safeguarding is about maintaining processes, procedures and a culture that: discourages people who pose a risk from becoming involved in St Saviour’s for the wrong reasons; makes it difficult for such people to harm or abuse children or adults if they do; cares for victims / survivors of abuse including ensuring speedy reporting of any safeguarding concerns to the appropriate authorities; and at the same time responds to those who present risk to others, or are the subject of concerns or allegations of abuse.
## **We do safeguarding in two ways:**
Compliance: Ensuring that we have the rights policies, procedures, and processes in place e.g. risk assessments, DBS checks, safeguarding training; and Culture and attitude: working towards having a culture in everything we of having a particular care and concern for the weakest, poorest and most vulnerable that we come into contact with. Our approach to safeguarding is in line with the House of Bishops’ guidance. Clare Manuel, the Parish Safeguarding Officer has been working closely with the Leadership Team, (especially with Bex,
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who oversees pastoral issues), the Operations Manager and the Children and Families Lead on safeguarding issues. Since the KXC partnership started we’ve made huge strides with our compliance, including with DBS checking and safeguarding training for the 60+ people who’re involved in activities which bring them into contact with children or vulnerable adults. We’re integrating safeguarding into our day to day operations including for example ensuring that our church hire agreement is compliant. We now have a Safeguarding Manual which details how safeguarding is integrated in church operations. Our 2020 Parish Safeguarding Audit for the London Diocese shows that we’re now compliant in nearly all areas. There are a few issues (particularly around staff recruitment, and home visiting) where there’s more work to be done – and we’re urgently getting on with this.
* Defined by CoE as a person aged 18 or over whose ability to protect himself or herself from violence, abuse, neglect or exploitation is significantly impaired through physical or mental disability, illness, old age, emotional fragility, distress, or otherwise; and for that purpose, the reference to being impaired is to being temporarily or indefinitely impaired.
## **7. Financial Review**
## **7.1 Financial Activity and Financial Position**
The PCC’s main sources of funding are the free will offerings of church members and grants from third parties. The PCC is very grateful to the Richard Cloudesley Charity for funds committed during the year.
The Statement of Financial Activities and Balance Sheet can be found on page 18. The balance sheet shows total net assets of £136,276.
Included in total funds are amounts totalling £40,145 which are restricted. These monies have either been raised for, and their use restricted to, specific purposes or they comprise donations subject to donor-imposed conditions. Full details of these restricted funds can be
found on page 26 to the accounts together with an analysis of movements in the year.
## **7.2 Reserves Policy**
The PCC has adopted a policy whereby the equivalent of 3 months’ worth of nondiscretionary committed expenditure is to be reserved. At 31 December 2020 the PCC had net free reserves of £92,771 as follows:
Total reserves: **£136,276**
Less: Unrestricted fixed assets: **£5,000** Less: Restricted funds: **£43,504** Free Reserves: **£92,771**
Free Reserves requirements: **£30,000**
## **7.3 Investment Policy**
The PCC currently places spare funds on bank deposit.
## **7.4 Grants**
## **Telford Homes**
Telford Homes have been nothing short of utterly phenomenal in their generosity to St Saviour’s. Their first phase of support (clearing the 1000sq metre derelict space to the back of the church to enable us to dig it up and create the garden) equated to £5k of in-kind support. Their second phase of support (clearing decades of overgrown foliage, clearing the rubble gathered by the volunteers over 3 months of digging up the ground, clearing the mission hall of an enormous amount of stuff accumulated over 20 years) equated to £10k of in-kind support. They have even offered a third phase of support which would be to help dig a path between the church and hall to help begin transforming the hall space. We have been utterly blown away by their kindness to St Saviour’s and we were pleased when the Islington Gazette picked up on it as part of a good-news story they ran on the emerging story of the partnership between KXC and St Saviour’s recently.
## **Porters Trust**
We have been massively blessed by the generosity of the Porters trust, who have pledged £10k per year to St Saviour’s. Part of this money has been
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used to help fund a new kids and families lead, who began in October. They have also generously provided accommodation to St Saviour’s for a key-worker to use rent free. We are enormously grateful to them.
## **Cloudesley**
As noted above, the Cloudesley Trust awarded St Saviour’s a £65k grant to help towards the overall cost (£90k) of repair for the church North & South aisle roofs. We are immensely thankful to them for this incredible gift. They have also provided a grant of £5k to help with the church broadcast the services on zoom, and us keep services running through 2020.
## **Church Commissioners**
The Church Commissioners Strategic Development Fund and the Centre for Church Multiplication awarded an incredibly generous £40k to
St Saviour’s, enabling us to build and develop our team to cope with the increased workload as everything continues to grow. We have allocated part of this money towards a kids and families lead, to a caretaker/operations role, and to a 4-days/week Operations Manager beginning later this year. We are massively grateful to them for their generosity which has enabled us to step into all God is calling St Saviour’s into.
## **8. Responsibilities of Trustees for the Financial Statements**
The PCC is responsible for preparing the Annual Report and financial statements in accordance with applicable law and United Kingdom Accepted Accounting Practice.
Charity law requires the PCC to prepare a statement of financial activities and balance sheet for each financial year, which gives a true and fair view of the state of affairs of the PCC and of its financial activities for that year and adequately distinguishes any material special trust or another restricted fund of the PCC. In preparing those financial statements, the PCC is required to:
- Select suitable accounting policies and then apply them consistently;
- Make judgements and estimates that are reasonable and prudent;
- State, whether the policies adopted, are by the appropriate SORP on Accounting by Charities and the Accounting Regulations and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements;
- Prepare the accounts on the going concern basis unless it is inappropriate to presume that the PCC will continue to operate.
The PCC is responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the Church Accounting Regulations 2006. The PCC is 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. The PCC is responsible for the maintenance and integrity of the charity and financial information included in the charity’s website.
## **9. Approval**
The report of the PCC was approved by the PCC on 13 April 2021 and signed on its behalf by:
The Revd Pete Hughes Chairman
Aaron Rodewall Treasurer
Matt Seymour Church Leader
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## **Independent Examiners Report To The Trustees On The Unaudited Accounts Of The Parochial Church Council of the Ecclesiastical Parish of St Saviours Hanley Road**
I report to the trustees, being the members of the Parochial Church Council ("PCC"), on my examination of the accounts of St Saviours Hanley Road for the year ended 31 December 2020, which are set out on pages to x to x. 18 to 26.
## _**Responsibilities and basis of report**_
As the trustees of theCharity you are responsiblefor thepreparation ofthe accounts in accordancewith the requirements of the Charities Act 2011.
I report in respect ofmy examination ofthe trustee's accounts carried out under section 145 of the2011 Act and in carrying out my examination I havefollowed all the applicabledirections given by theCharity Commission under section 145(5)(b) of the 2011 Act.
## _**Independent examiner's statement**_
Sincethecharity’s gross incomeexceeded £250,000 your examiner must bea member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake theexamination becauseI am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1) accounting records were not kept in respect ofthe Charity as required by section 130 ofthe Act; or
- 2) the accounts do not accord with those records; or
- 3) 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 haveno concerns and have comeacross no other matters in connection with theexamination to which attention should bedrawn in this report in order to enable a proper understanding of theaccounts to be reached.
C J Goodhead FCA Knight Goodhead Ltd Chartered Accountants
7 Bournemouth Road Chandler’s Ford, Eastleigh Hampshire, SO53 3DA
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_Parochial Church Council of St Saviours Hanley Rd Notes to the Financial Statements_
|**For theyear ended 31 December 2020**|**Statement of Financial Activity**|**Statement of Financial Activity**|**Statement of Financial Activity**|**Statement of Financial Activity**|
|---|---|---|---|---|
|**Voluntary Income**|**Note**|**Unrestricted**
**Funds**|**Restricted**
**Funds**|**TOTAL FUNDS**|
|||**2020**|||
|||**£**|**£**|**£**|
|**INCOME FROM:**|||||
|VoluntaryIncome||119,380|8,919|128,299|
|Grants||26,667|107,386|134,053|
|Church Activities||504|-|504|
|Church Rental Income||20,777|-|20,777|
|Other Income||85|-|85|
|Assetsgifted from Kings Cross Church||31,262|-|31,262|
|Assetsgifted from Tollington PCC||13,352|3,359|16,711|
|**TOTAL INCOME**|**2**|**212,026**|**119,664**|**331,690**|
||||||
|**EXPENDITURE ON:**|||||
|Charitable Activites||118,126|76,160|194,286|
|Governance Costs||1,128|-|1,128|
|**TOTAL EXPENDITURE**|**2**|**119,254**|**76,160**|**195,414**|
||||||
|**NET MOVEMENT IN FUNDS**||**92,772**|**43,504**|**136,277**|
||||||
|Balances brought forward at 1 January2020||-|-|-|
||||||
||||||
|**BALANCES CARRIED FORWARD AT 31 DECEMBER 2020**||**92,772**|**43,504**|**136,277**|
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_Parochial Church Council of St Saviours Hanley Rd Balance Sheet_
|||**2020**|
|---|---|---|
||**Note**|**£**|
||||
|**FIXED ASSETS**|||
|Buildings||5,000|
|PA/AV Equipment||2,346|
||5|**7,346**|
|**CURRENT ASSETS**|||
|Other debtors||124,304|
|Prepayments||24,743|
||6|**149,047**|
||||
|**LIABILITIES**|||
|AgencyFees||422|
|Account Payable||17,096|
|Accruals||700|
|Deferred income||1,900|
|Creditors due within oneyear|7|**(20,118)**|
||||
|**NET CURRENT ASSETS**||128,929|
||||
||||
|**NET ASSETS**||136,276|
||||
|**RESERVES**|||
|Excess/ (deficit)to date||136,277|
|StartingBalances||-|
|||**136,277**|
||||
||||
|**FUNDS**|||
|Unrestricted||92,772|
|Restricted||43,504|
||11|**136,277**|
||||
|Approved bythe Parochial Church Council on:|||
|and signed on its behalf by:|||
||||
|Revd Peter Hughes||Aaron Rodewald|
|Priest in Charge / Chair of Trustees||Treasurer|
||||
||||
||||
|The notes onpages 11 to 15 formpart of these financial statements
20 to 26|||
**19**
_Parochial Church Council of St Saviours Hanley Rd Notes to the Financial Statements_
## **For the year ended 31 December 2020**
## **1 ACCOUNTING POLICIES**
## **Basis of preparation**
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2015.
The PCC meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## **Funds**
General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Restricted funds are those donated for specific purposes.
## **Income**
## _Voluntary income and capital sources_
Donations and other income are recognised when received and an estimate of income tax recoverable is recognised when the related donations are recognised.
## _Rental Income_
Rental income from the letting of church premises is recognised when the rental is due.
## _Grants_
Grants and donations are accounted for when paid over, or when awarded.
Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is probable.
## _Church Activities Income_
Income from church activites is recognised when the date of the event takes place.
**20**
_Parochial Church Council of St Saviours Hanley Rd Notes to the Financial Statements_
## **For the year ended 31 December 2020**
## **Expenditure**
## _Church activities_
The diocesan Common Fund is accounted for when paid. Any Common Fund unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the Balance Sheet.
Expenditure incurred in the operation of the church is classed as charitable activities.
Govrnernance costs is classed as what is needed to keep good governance of the PCC.
## **Fixed assets**
_Consecrated property and moveable church furnishings_
Consecrated and beneficed property of any kind is excluded from the accounts by s.10 of the Charities Act 2011.
All expenditure incurred in the year on consecrated or beneficed buildings or on the repair of movable church furnishings acquired before 1 January 2003 is written off.
## _Other fixtures, fittings and office equipment_
Only items of greater than £1,000 are capitalised. Church worship equipment comprises a number of electrical and other items connected with sound, vision and worship. They will be depreciated over three years from date of first use. Computer and office equipment and furnishings are depreciated over three years from date of first use.
## **Current assets**
Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable.
**21**
_Parochial Church Council of St Saviours Hanley Rd Notes to the accounts_
|**For the year ended 31 December 2020**||||
|---|---|---|---|
|**2. Financial Statement**||**2020**||
||Unrestricted|Restricted|Total|
|**Donation**|£|£|£|
|Collections - GASDS|1,318|-|1,318|
|Gift Aid|25,214|288|25,502|
|One off gifts - Gift Aided|2,143|5,535|7,678|
|One off gifts - Not Gift Aided|1,689|-|1,689|
|Planned giving - Gift Aided|81,913|3,072|84,985|
|Plannedgiving- Not Gift Aided|7,102|24|7,127|
|**Total Donation**|**119,380**|**8,919**|**128,299**|
|**Grants**||||
|Grants|26,667|107,386|134,053|
|**Total Grants**|**26,667**|**107,386**|**134,053**|
|**Church Activities**||||
|WeddingFees|504|-|504|
|**Total Church Activities**|**504**|**-**|**504**|
|**Rental**||||
|Church Rental-Ad hoc|1,577|-|1,577|
|Church Rental-Regular|19,200|-|19,200|
|**Total Rental**|**20,777**|**-**|**20,777**|
|**Other Income**||||
|Bank interest|43|-|43|
|Sales ofproducts|42|-|42|
|**Total Other Income**|**85**|**-**|**85**|
|**Assets gifted from Kings Cross Church**||||
|Assetsgifted from Kings Cross Church|31,262|-|31,262|
|**Total Grants**|**31,262**|**-**|**31,262**|
|**Assets gifted from Tollington**||||
|Assetsgifted from Tollington|13,352|3,359|16,711|
|**Total Grants**|**13,352**|**3,359**|**16,711**|
|||||
|**Total Income**|**212,026**|**119,664**|**331,690**|
**22**
_Parochial Church Council of St Saviours Hanley Rd Notes to the accounts_
## **For the year ended 31 December 2020 2. Financial Statement**
|**2. Financial Statement**||**2020**||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||£|£|£|
|**Worship**||||
|Christmas|1,640|-|1,640|
|PA and AV|2,730|2,208|4,938|
|Depreciation on PA/AV|-|396|396|
|Prayer|32|-|32|
|Preaching and Teaching|247|-|247|
|Sundays Content|157|-|157|
|Sundays Morning|185|-|185|
|Worship|358|-|358|
|WorshipTeam|171|-|171|
|**Total Worship**|**5,520**|**2,604**|**8,124**|
|**Community**||||
|Dicipleship & Hubs|147|-|147|
|Kids|1,607|-|1,607|
|Leadership Development|130|-|130|
|Bump and Babies|51|-|51|
|Pastoral|296|-|296|
|Socials|-|-|-|
|**Total Community**|**2,231**|**-**|**2,231**|
|**Mission**||||
|Grants and GivingAway|2,332|3,722|6,053|
|**Total Mission**|**2,332**|**3,722**|**6,053**|
|**Operations**||||
|Church Refurbishment|41,870|59,790|101,660|
|Cleaning|4,498|-|4,498|
|Clergy Child Care|266|-|266|
|Communication & Media|43|-|43|
|Electric|2,202|-|2,202|
|Finances|328|-|328|
|Garden Maintenance|3,408|-|3,408|
|Gas|11,158|-|11,158|
|Insurance|6,519|-|6,519|
|IT|1,411|-|1,411|
|Office equipments|79|-|79|
|Office Management|857|-|857|
|Office Supplies|35|-|35|
|Repairs and Maintinance|6,195|-|6,195|
|Shared Consumables|5|-|5|
|Shared Equipment|584|-|584|
|Staff Hospitality|97|-|97|
|Staff Training|338|-|338|
|Team Training|248|-|248|
|Travel|-|-|-|
|Vicar Discretion Fund|15|-|15|
|Volunteer Support|53|-|53|
|**Total Operations**|**80,209**|**59,790**|**139,999**|
**23**
_Parochial Church Council of St Saviours Hanley Rd Notes to the accounts_
|**For the year ended 31 December 2020**||||
|---|---|---|---|
|**2. Financial Statement**||**2020**||
||Unrestricted|Restricted|Total|
|**Staff**||||
|Admin|1,463|-|1,463|
|Childrens Pastor|8,485|-|8,485|
|Curate Costs|524|-|524|
|Operations Manager|7,364|10,044|17,408|
|**Total Staff**|**17,835**|**10,044**|**27,879**|
|**Common Fund**|10,000|-|10,000|
|**Total Common Fund**|**10,000**|**-**|**10,000**|
|**Governance**||||
|Accounting|700|-|700|
|Payroll|360|-|360|
|PCC Expenses|68|-|68|
|**Total Governance**|**1,128**|**-**|**1,128**|
|||-|-|
|**Total Operating Expenses**|**119,254**|**76,160**|**195,414**|
**24**
_Parochial Church Council of St Saviours Hanley Rd Notes to the Financial Statements_
|**3. STAFF COSTS**
Wages and salaries (incl PAYE)
Social security costs
Pension costs
Freelance Staff costs
Total amount of staff employed
FTE staff employed|**2020**
**£**
7,446
859
704
18,871|
|---|---|
||**27,879**|
||**2020**
4
1|
No staff member was paid over £60,000 in 2020
## **4. Mission Grants**
|**4. Mission Grants**|||
|---|---|---|
|**Grant Recipient**|**Grant Amount**|**Purpose**|
|Congregation in Need|3,722|**Fellowship Fund**|
|Tree of Live|1,368||
|Power the Fight|275||
|St Basils Devon|1,000||
|**Total**|**6,364**||
## **5. Fixed Assets**
|||**Buildings**||**PA/AV Equipment**|**Total**||
|---|---|---|---|---|---|---|
|||**£**||**£**|**£**||
|**Cost At 1 January 2020**|||-|-||-|
|Additions during year|||5,000|2,742||7,742|
|Disposals during year|||-|-||-|
|At|31 December 2020||5,000|2,742||7,742|
|**Depreciation At 1 January 2020**|||-|-||-|
||Charge for the year||-|(396)||(396)|
|Disposals during year|||-|-||-|
|At|31 December 2020||-|(396)||(396)|
|**Net Book Value At 1 January 2020**|||-|-||-|
|At|31 December 2020||5,000|2,346||7,346|
## **6. Debtors**
|**6. Debtors**||
|---|---|
|Prepayments
Amounts owed from Kings Cross Church
Other debtors
**Total**|**2020**
24,743
118,903
5,401|
||**149,047**|
## **7. Creditors (amounts falling due less than one year)**
||**2020**||
|---|---|---|
|Accounts Payable||17,096|
|Accruals||700|
|Deferred income||1,900|
|AgencyFees||422|
|**Total Current Liabilities**||**20,118**|
**25**
_Parochial Church Council of St Saviours Hanley Rd Notes to the Financial Statements_
## **8. Contingent Liabilities**
There were no contingent liabilities at the end of 31st December 2020. (2019: N
## **9. Related Party Transactions**
|**9. Related Party Transactions**|**9. Related Party Transactions**|**9. Related Party Transactions**|**9. Related Party Transactions**||
|---|---|---|---|---|
|**Name**
**Relationship**
**2020**
**Duties**||||raising|
|Annabel Cox|Church warden|1,463|Helpwith Fund||
During the year, the charity also made a donation of £1,000 to St Basil's, Devon, a charity where Rev Peter Hughes is also a trustee.
## **For the year ended 31 December 2020**
## **10. Restricted Funds**
|**10. Restricted Funds**|**10. Restricted Funds**|**10. Restricted Funds**|**10. Restricted Funds**|**10. Restricted Funds**|**10. Restricted Funds**|
|---|---|---|---|---|---|
|**Donor**
**Purpose**
**Opening Balance**
**Income**
**Expenditure**
**Closing Balance**
**£**
**£**
**£**
**£**||||||
|Various Donors|Garden Project|-|2,646|-|2,646|
|Cloudesley|Roof Works|-|59,790|(59,790)|0|
|Cloudesley|COVID - 19|-|4,950|(2,604)|2,346|
|Cloudesley|FeasabilityStudy|-|3,359|-|3,359|
|London Diocese Fund|New WorshippingCommunities|-|40,000|(10,044)|29,956|
|Various Donors|FellowshipFund|-|8,919|(3,722)|5,197|
|Total Restricted funds||-|119,664|(76,160)|43,504|
|**11. ANALYSIS OF NET ASSETS BY FUND**
Fixed Assets
Other Assets
Total Assets
Current Liabilities|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**TOTAL FUNDS**
5,000
2,346
7,346
107,889
41,158
149,047|
|---|---|
||112,889
43,504
156,394|
||(20,118)
-
(20,118)|
||92,771
43,504
136,276|
## **12. Assets gifted in the year**
During the prior year, Kings Cross Church (charity number 1141658), assisted with re-establising the congregation at St Saviours Church. In 2019, all activities formed part of Kings Cross Church. Net assets of £31,262 were gifted from Kings Cross Church when St Saviours was establised as an independent charity in January 2020. The charity continues to have a close working relationship.
St Saviours Church was previously part of The Parochial Church Council of the Ecclesiastical Parish of Tollington (charity number 1130538). During 2018 a decision was made for the three churches covered by the PCC to become separate parishes. During 2020, assets totalling £16,711 were transfered from Tollington to St Saviours.
## **13. Impact of COVID-19**
Giving was not impacted but in fact giving increased over the year as well as generous support for the fellowship funds.
Because of the reduced services normal running cost and salary costs decreased for the year.
We kept a close eye out on the monthly income and expenditure with specific reporting on giving trends. Church services were broadcast over Zoom to allow services to continue in lockdown, this was facilitated by the generous grant from Cloudesely allowing us to purchase the new equipment to do this New church members continue to join the services on Zoom
Mid week groups suffered the most, with activities largely stopping, with Hub groups and morning prayer continuing online
As a result of the vacant space in church, we were able to host the KXFood bank
**26**
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CHURCH
ST SAVIOUR'S
FINSBURY PARK