ANNUAL REPORT AND FINANCIAL STATEMENTS OF THE PARISH OF ST PAUL OADBY
Registered Charity number 1186637
Year ended 31[st] December 2020
Legal and Administrative Information
Ministers
Revd. Steve Bailey, Team Rector Revd. Mohammad Eghtedarian, Intercultural Pioneer Minister Revd. Maria Jukes, Curate
Church Wardens
Mr Paul Webster Mrs Anita Chettle
Principal Office
St Paul’s Church, Hamble Road, Oadby, Leicester LE2 4NX
Parochial Church Council
The membership of the PCC is determined in accordance with Church Representation Rules (Synodical Government Measure 1969) as amended 2006. The membership of the PCC is presented on the next page.
Independent Examiner
Yvonne Woodford FMAAT, Woodford Norman Accounting, 7 Kevern Close, Wigston, Leicester, LE18 2GR
Bankers
CAF Bank Ltd., 25 Kings Hill Avenue, Kings Hill, West Malling, Kent MG19 4JQ
Legal Representative
The Diocesan Registrar, St Martin’s East, Leicester LE1 5FX
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Parish of St Paul Oadby
St Paul’s, Oadby Parochial Church Council (PCC) has the responsibility of co-operating with the Team Rector, the Revd. Steve Bailey, in promoting the ecclesiastical parish of St Paul, Oadby, seeking to further the whole mission of the parish, and engaging in Christian worship, pastoral care, evangelistic outreach, and fostering community wellbeing.
The PCC is also specifically responsible for the maintenance of St Paul's Church and the Barnabas Centre.
Members of the Council who have served since the commencement of the financial year (1[st] January 2020) until the approval of the accounts (2[nd] March 2021) are:
| Rev S Bailey | Dr H James | Mrs R Smith |
|---|---|---|
| Dr R Sundaram | Mrs V James | Mr P Webster |
| Mr C Chettle | Mrs C Kilbourne | Mrs T Webster |
| Mr B Philpott | Miss L McGoldrick | Mrs A Chettle |
| Mrs C Potter | Mrs G Sharpe | Mrs K Johnson |
| Mrs R Philpott | Mr J Sawbridge |
The Council members who served for only part of the stated period are: Rev Mohammad Eghtedarian (From 1[st] April 2020), Rev Maria Jukes (From 2[nd] July 2020) Dr Anita Annakesavan (from 25[th] October 2020)
On 2[nd] Feb 2021, Mr Alan Penter took on duties of Secretary and attends both the PCC and Standing Committee in that capacity only.
Since the Annual Parochial Church Meeting which was due on April 5[th] 2020, but postponed to 25[th] October 2020 due to Covid 19, there have been 7 meetings of the Council and 9 meetings of the Standing Committee, all of which have taken place via Zoom.
At the meeting on 3rd November 2020, the following officials were elected: Chair: Ruth Smith Vice Chair: Steve Bailey Treasurer: Bryan Philpott Electoral Roll Officer: Ruth Smith Secretary: Anita wished to stand down from this role and members were asked to consider possible candidates and a notice with a job description would be put on the news sheet.
This meeting also agreed the Standing Committee: Rev S Bailey Mrs R Smith Mr P Webster Mr B Philpott Mrs A Chettle Mrs V James
The Standing Committee is a legally constituted sub-committee of the PCC. It meets between full PCC meetings and serves the PCC by preparing agendas and conducting
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urgent business which cannot wait for the next full meeting. It may also prepare briefings for the PCC to inform the discussions.
Coronavirus 2020
At the time of preparing this report the Coronavirus pandemic is affecting the whole world, with implications for the financial situation of most churches including St Paul’s and as to how the church continues to operate.
Although in following national Church of England guidelines, with the church building itself closed, and limits on weddings and funerals, the church is very much alive. We have embraced modern communication technology and are able to stream live services from St Paul’s, accessed prayer meetings and other services from many local churches and keep in regular contact with members of our church family.
As a result of the closure of the buildings there will be a loss of rental income from the organisations which use the facility, and there is also some impact on financial giving, but we have managed to remain financially stable by God’s grace and members’ generosity.
Structure, governance, and management
The PCC of the Parish of St Paul’s, Oadby is required, as stated in the Parochial Church Councils (Powers) Measure 1956, to co-operate with the Team Rector and Ministry Team in promoting in the Parish the whole mission of the church, pastoral, evangelistic, social and ecumenical. Charity law requires the Parochial Church Council (PCC) Members, who act as trustees under charity law, to prepare financial statements for each financial year that give a true and fair view of the PCC's financial activities during the year and of its financial position at the end of the year.
In preparing those financial statements, the PCC Members should follow best practice and:
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select suitable accounting policies and then apply them consistently to make judgements and estimates that are reasonable and prudent,
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements,
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prepare the financial statements on an on-going concern basis unless it is inappropriate to presume that the PCC will continue in operation.
Objectives and Activities
The PCC is committed to fostering accessible and reverent worship at St Paul's that is attractive and relevant to the people of Oadby. A primary aim is to enable people to belong to a loving, supportive Christian community: the church has been successful in 2020 in providing this. The PCC maintains an overview of worship throughout the parish and has encouraged excellence in the Sunday and weekday services in a range of different worship styles which seek to cater for all age-groups and a wide range of preferences. All our services seek to put faith into practice through prayer and scripture, music and sacrament.
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When planning our activities for the year, the incumbent and the PCC have (in accordance with the Commission's guidelines) been particularly concerned about the public benefit of what we do in the parish as well as adhering to the specific guidance given to charities for the advancement of religion. In all our work, we try to enable ordinary people to live out their faith as part of their church community through:
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Worship and prayer; learning about the Gospel; and developing their relationship with Jesus as Lord and Saviour.
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Providing pastoral care for people living in the Parish.
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Evangelistic outreach work.
To facilitate this work, it is important to maintain the fabric of all our buildings — St Paul's Church and the Barnabas Centre.
Achievements and Performance
Worship and Prayer
The PCC have provided throughout the year a range of services, in church (when possible within the national Covid restrictions) and online, that those who attend have found beneficial and spiritually fulfilling. Sunday worship has continued to attract good attendances in church and online, while the mid-week Holy Communion have continued to provide a quiet, intimate style of worship. There has been a strong emphasis on communicating the Christian faith through preaching, teaching, and multi-media presentations.
All are welcome to attend services at St Paul's. At present there are 110 on the Church Electoral Roll. Sunday attendance has been hard to count this year as attendance has been mainly online but it interesting to note the high number of views on the service videos on You Tube.
As well as the regular services, the parish enables the community to celebrate and thank God at the milestones of the journey through life. Through baptism we thank God for the gift of new life; in marriage, public vows are exchanged with God's blessing; and through funeral services, friends and family express their grief and give thanks for the life which is now complete in this world and to commend the person into God's keeping. We have celebrated 1 baptism; no weddings; and have conducted 25 funerals in the period 1st January 2020 to 31[st ] December 2020.
Deanery Synod
Three of the PCC sit on the Deanery Synod in addition to the clergy. From April 2020 to March 2021, 2 Deanery Synod meetings took place.
St Paul's Church
St Paul's is a vibrant church in the open-evangelical tradition. It is part of the Church of England and its Parish serves Oadby, east of the A6. It is also part of a larger group of parishes, called a "Benefice," which includes St Peter's Oadby, Great Glen and Burton Overy with Carlton Curlieu.
We seek to be a church for all ages, backgrounds, cultures and nationalities, that is growing and following Jesus. We have a congregation of about 80 at our main Sunday
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service and are always pleased to welcome enquirers and visitors. St Paul's has made prayer space available in the side chapel, while its main worship area has been used extensively by the wider community. The God focussed purpose of the church is clear to all users, through the well-lit porch, visible from the pavement, which points to the Word of God in Jesus.
The Barnabas Centre, and St Paul's Church continue to be used greatly by the wider community of Oadby, thus fulfilling an important social and outreach need as well as generating substantial income for the parish. As mentioned above, this year many of our intended activities have been unable to take place due to government Covid-19 restrictions.
The PCC pays its employees a minimum of the National Living Wage and provides a contributory workplace pension to a member of the lay staff so entitled, who has taken this up with CWPF. There are no other qualifying members for workplace pensions.
Some members of the parish are unable to attend church due to sickness or age. At St Paul's, the home-groups provide good pastoral care to their members.
Mission and Evangelism
The Parish of St Paul’s, Oadby continues to be challenged by demographic change in Oadby and changes in society towards church going.
Youth Work continues to feature strongly at St Paul's headed up by Louise McGoldrick.
Important links with our Mission Partners have been sustained.
St Paul's continues to tithe against donated income received, and this has resulted in 2020 of £10,900 being set aside for charitable causes both locally and overseas.
Safeguarding
Safeguarding continues to be of paramount importance.
Rosie Philpott is the Parish's Safeguarding Officer. Safeguarding practices are regularly reviewed by the PCC.
Financial Review
Reserves policy
It is the PCC's policy to maintain adequate cash reserves within the general and designated funds each year to cover operational costs for on-going gross salaries and essential running costs as well as allowing for necessary repairs and replacement of equipment used by the church for 6 months. The reserves in the General Fund have been maintained in accordance with the Archdeacon's recommendations for a robust Reserves Policy.
Workplace Pensions
St Paul’s Oadby PCC participates in the Pension Builder Scheme PB2014 section of the Church Workers Pension Fund for lay staff. This cash balance section Scheme is
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administered by the Church of England Pensions Board, which holds the assets of the schemes separately from those of the Employer and the other participating employers.
Fund Defcits
There are currently no fund deficits at the beginning or end of the financial year, and it is anticipated that the finances are in good shape for at least the next 12 months.
Financial Report 2020
It is my pleasure as Treasurer of the Parish to present the Financial Review for 2020.
Mr Bryan Philpott 13[th] March 2021
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Statement of Financial Activities
| Unrestricted RestrictedEndowment Total Prior year funds funds funds fundstotal funds |
Unrestricted RestrictedEndowment Total Prior year funds funds funds fundstotal funds |
|---|---|
| Income and endowments from: | |
| Donations and legacies | 102,816 500 — 103,316 103,976 |
| Income from charitable activities | 83,526 — — 83,526 24,398 |
| Total income | 186,342 500 — 186,842 128,374 |
| Expenditure on: | |
| Expenditure on charitable activities | 179,215 83 — 179,298 121,205 |
| Total expenditure | 179,215 83 — 179,298 121,205 |
| Gains / losses on investment assets | — — — — 29,550 |
| Net income / (expenditure) resources before transfer |
7,127 417 — 7,544 36,719 |
| Transfers | |
| Gross transfers between funds - in | — — — — 7,068 |
| Gross transfers between funds - out | — — — — (7,068) |
| Other recognised gains / losses | |
| Net movement in funds | 7,127 417 — 7,544 36,719 |
| Total funds brought forward | 303,099 37,461 — 340,560 303,841 |
| Total funds carried forward | 310,226 37,878 — 348,104 340,560 |
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Balance sheet
| Total funds Prior year funds | |
|---|---|
| Fixed assets | |
| Tangible assets | 215,000 215,000 |
| 215,000 215,000 |
|
| Current assets | |
| Debtors | 603 779 |
| Investments | 110,250 — |
| Cash at bank and in hand | 36,682 146,280 |
| 147,535 147,059 |
|
| Liabilities | |
| Creditors: Amounts falling due in one year | 14,431 21,499 |
| 14,431 21,499 |
|
| Net current assets less current liabilities | 133,104 125,560 |
| Total assets less current liabilities | 348,104 340,560 |
| Total net assets less liabilities | 348,104 340,560 |
| Represented by | |
| Unrestricted | |
| General fund | 11,600 5,736 |
| Designated | |
| Buildings Fund | 215,000 215,000 |
| Sunday School Fund | 4,216 2,953 |
| St Paul's Mission Fund | 79,410 79,410 |
| Restricted | |
| Flower Fund | 427 — |
| St Paul's Maintenance | 35,888 35,888 |
| Youth Club Fund - St Paul's | 1,563 1,573 |
| Funds of the church | 348,104 340,560 |
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Statement of assets and liabilities
| This year Last year |
|
|---|---|
| Tangible assets | |
| Barnabas Centre | |
| Buildings Fund (Designated) - | 215,000 215,000 |
| 215,000 215,000 |
|
| Total for Tangible assets | 215,000 215,000 |
| Cash at bank and in hand | |
| Petty Cash | |
| Flower Fund (Restricted) - | (5) — |
| Sunday School Fund (Designated) - | (83) (83) |
| General fund (Unrestricted) - | 162 108 |
| 74 25 |
|
| CAF Bank - St Pauls current account | |
| Flower Fund (Restricted) - | 432 — |
| St Paul's Maintenance (Restricted) - | 888 35,888 |
| St Paul's Mission Fund (Designated) - | 4,410 79,410 |
| Sunday School Fund (Designated) - | 4,299 3,036 |
| Youth Club Fund - St Paul's (Restricted) - | 1,563 1,573 |
| General fund (Unrestricted) - | 25,016 26,348 |
| 36,608 146,255 |
|
| Total for Cash at bank and in hand | 36,682 146,280 |
| Debtors | |
| Accounts Receivable | |
| General fund (Unrestricted) - | 603 779 |
| 603 779 |
|
| Total for Debtors | 603 779 |
| Investments | |
| CCLA deposit account | |
| St Paul's Maintenance (Restricted) - | 35,000 — |
| St Paul's Mission Fund (Designated) - | 75,000 — |
| General fund (Unrestricted) - | 250 — |
| 110,250 — |
|
| Total for Investments | 110,250 — |
| Creditors: Amounts falling due in one year | |
| Accounts Payable | |
| General fund (Unrestricted) - | (14,431) (21,499) |
| Total for Creditors: Amounts falling due in one year | (14,431) (21,499) |
| Grand total | 348,104 340,560 |
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Fund movement by type
Opening Incoming Outgoing TransfersGains/losses Closing
| Opening Incoming Outgoing TransfersGains/losses Closing | |
|---|---|
| Building - Buildings Fund | |
| Designated | 215,000 — — — — 215,000 |
| Sub-total for Building | 215,000 — — — — 215,000 |
| FLO - Flower Fund | |
| Restricted | — 500 73 — — 427 |
| Sub-total for FLO | — 500 73 — — 427 |
| SF - Sunday School Fund | |
| Designated | 2,953 1,999 735 — — 4,216 |
| Sub-total for SF | 2,953 1,999 735 — — 4,216 |
| SPAM - St Paul's Maintenance | |
| Restricted | 35,888 — — — — 35,888 |
| Sub-total for SPAM | 35,888 — — — — 35,888 |
| SPAMF - St Paul's Mission Fund | |
| Designated | 79,410 — — — — 79,410 |
| Sub-total for SPAMF | 79,410 — — — — 79,410 |
| YCFPA - Youth Club Fund – St Pauls | |
| Restricted | 1,573 — 10 — — 1,563 |
| Sub-total for YCFPA | 1,573 — 10 — — 1,563 |
| General - General fund | |
| Unrestricted | 5,736 184,343 178,480 — — 11,600 |
| Sub-total for General | 5,736 184,343 178,480 — — 11,600 |
| Grand total | 340,560 186,842 179,298 — — 348,104 |
Analysis of income and expenditure
| Total Unrestricted Designated Restricted Endowment This year Last year INCOME AND ENDOWMENTS Donations and legacies 4000 - Plate Income 288 — — — 288 1,410 4030 - Stewardship 70,931 — — — 70,931 68,479 4040 - Tax Rebate for Gift Aid 14,737 — — — 14,737 17,496 4100 - Church Donations 16,860 — 500 — 17,360 12,390 4120 - Grants — — — — — 4,200 Total 102,816 — 500 — 103,316 103,976 Income from charitable activities 4500 - Fees 275 — — — 275 267 4501 - Interest 250 — — — 250 677 4550 - Special Collections 444 — — — 444 1,316 4590 - In/Out Receipts 74,834 — — — 74,834 3,541 4600 - Lettings 5,725 — — — 5,725 16,267 4800 - Photocopier Income — — — — — 7 4900 - Sunday School — 1,999 — — 1,999 2,322 |
Total Unrestricted Designated Restricted Endowment This year Last year INCOME AND ENDOWMENTS Donations and legacies 4000 - Plate Income 288 — — — 288 1,410 4030 - Stewardship 70,931 — — — 70,931 68,479 4040 - Tax Rebate for Gift Aid 14,737 — — — 14,737 17,496 4100 - Church Donations 16,860 — 500 — 17,360 12,390 4120 - Grants — — — — — 4,200 Total 102,816 — 500 — 103,316 103,976 Income from charitable activities 4500 - Fees 275 — — — 275 267 4501 - Interest 250 — — — 250 677 4550 - Special Collections 444 — — — 444 1,316 4590 - In/Out Receipts 74,834 — — — 74,834 3,541 4600 - Lettings 5,725 — — — 5,725 16,267 4800 - Photocopier Income — — — — — 7 4900 - Sunday School — 1,999 — — 1,999 2,322 |
|---|---|
| — 1,999 — — 1,999 2,322 |
|
| Total | 81,528 1,999 — — 83,526 24,398 |
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INCOME TOTAL 184,343 1,999 500 — 186,842 128,374
EXPENDITURE
Expenditure on charitable activities
| 5000 - Parish Gift 6000 - Salaries & Honoraria - Church 6900 - Staf Expenses 7100 - Church Water Rates 7200 - Church Electricity 7205 - Church Gas 7250 - Insurances - Church 7325 - Sunday School 7330 - Youth Club 7500 - Administration 7530 - Photocopier 7550 - Telephone 7570 - Licences 7590 - In / Out Disbursements 7600 - Wages & Salary Costs 7620 - Auditors Fees 7800 - Repairs & Maintenance - Church 7880 - Technology 7900 - Bank Charges 8210 - Church Expenses 8212 - Flower expenses 8240 - Donations - Outwards 8252 - Special Collections 8265 - Presentations 8290 - Mission, Training & Resources |
45,540 — — — 45,540 45,530 27,152 — — — 27,152 30,674 1,259 — — — 1,259 1,204 695 — — — 695 761 1,332 — — — 1,332 1,852 1,076 — — — 1,076 1,494 1,933 — — — 1,933 2,632 — 735 — — 735 2,194 — — 10 — 10 128 246 — — — 246 167 65 — — — 65 142 838 — — — 838 799 727 — — — 727 903 74,834 — — — 74,834 3,541 554 — — — 554 484 (141) — — — (141) 366 4,750 — — — 4,750 3,899 760 — — — 760 506 120 — — — 120 60 1,693 — — — 1,693 2,167 — — 73 — 73 — 10,900 — — — 10,900 17,251 444 — — — 444 1,316 70 — — — 70 103 |
|---|---|
| 3,632 — — — 3,632 3,033 |
|
| Total | 178,480 735 83 — 179,298 121,205 |
| EXPENDITURE TOTAL | 178,480 735 83 — 179,298 121,205 |
| GRAND TOTAL | 5,864 1,263 417 — 7,544 7,169 |
Approved at the PCC Meeting on 22[nd] March 2021 and signed on its behalf:
Revd. Steve Bailey Team Rector ……………………………………………….
Mr Bryan Philpott Parish Treasurer
……………………………………………….
Mr Paul Webster Church Warden
……………………………………………….
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Mrs Anita Chettle
……………………………………………….
Church Warden
INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF St PAUL’S CHURCH, OADBY PAROCHIAL CHURCH COUNCIL – CHARITY NUMBER 1186637
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2020.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
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:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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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 confirm that there are no other matters to which attention should be drawn to enable a proper understanding of the accounts to be reached.
Mrs Yvonne Woodford FMAAT
Woodford Norman Accounting,
- 7 Kevern Close, Wigston,
Leicester, LE18 2GR
Date: 22[nd] February 2021
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