# **ANNUAL REPORT AND FINANCIAL STATEMENTS OF THE PARISH OF ST PAUL OADBY**
**Registered Charity number 1186637**
# **Year ended 31[st] December 2021**
# _**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
_Page 1_
## **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 2021) until the approval of the accounts (8[th] March 2022) are:
|Rev.d 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 K Johnson|Mrs R Philpott|
|Mr J Sawbridge|Rev.d Maria Jukes||
The Council members who served for only part of the stated period are: Rev.d Mohammad Eghtedarian (Until November 2021); Dr Anita Annakesavan (Until August 2021).
Since the last Annual Parochial Church Meeting, which was held on 18[th] April via Zoom, there have been 8 meetings of the Council and 9 meetings of the Standing Committee, some of which have taken place via Zoom, due to the Covid-19 restrictions but with all being face to face from September 2021.
At the meeting on 4[th] May 2021, the following officials were elected:
Chair: Ruth Smith Vice Chair: Steve Bailey Treasurer: Bryan Philpott Electoral Roll Officer: Ruth Smith Secretary: Alan Penter This meeting also agreed the Standing Committee as: Rev S Bailey Mrs R Smith Mr P Webster Mr B Philpott Mrs A Chettle Mr A Penter.
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 urgent business which cannot wait for the next full meeting. It may also prepare briefings for the PCC to inform the discussions.
The PCC is registered with the Charity Commission (No. 1186637) and all members of the PCC are Trustees.
_Page 2_
## **Coronavirus**
The Coronavirus pandemic has continued to affect everything through 2021 and its impact can be seen in all areas of life including the church. Much of our time has been responding appropriately through the year to the different measures and guidelines. We have sought to maintain worship week by week whilst striving to do all we can to keep people safe. We now operate a hybrid service each Sunday morning which has seen more and more people gradually join us back in the building whilst some still choose to worship with us online.
## **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:
- select suitable accounting policies and then apply them consistently to make judgements and estimates that are reasonable and prudent,
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements,
- 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 2021 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.
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:
- Worship and prayer; learning about the Gospel; and developing their relationship with Jesus as Lord and Saviour.
- Providing pastoral care for people living in the Parish.
- Evangelistic outreach work.
_Page 3_
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 gradually increasing throughout the year with good engagement online also.
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 2 baptisms; no weddings; and have conducted 21 funerals in the period 1st January 2021 to 31[st ] December 2021.
## Deanery Synod
Three of the PCC sit on the Deanery Synod in addition to the clergy. From January 2021 to December 2021, 3 Deanery Synod meetings took place two on Zoom and one in person.
## 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 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 focused 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
_Page 4_
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 2021 of £10,500 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 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 2021
It is my pleasure as Treasurer of the Parish to present the Financial Review for 2021.
Mr Bryan Philpott 8[th] March 2022
_Page 5_
## **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|97,065
—
—
97,065
103,315|
|Income from charitable activities|10,464
—
—
10,464
83,526|
|**Total income**|**107,529**
**—**
**—**
**107,529**
**186,841**|
|||
|**Expenditure on:**||
|Expenditure on charitable activities|100,418
130
—
100,548
179,297|
|**Total expenditure**|**100,418**
**130**
**—**
**100,548**
**179,297**|
|||
|**Net income / (expenditure) resources**
**before transfer**|**7,111**
**(130)**
**—**
**6,980**
**7,544**|
|||
|**Other recognised gains / losses**||
|**Net movement in funds**|**7,111**
**(130)**
**—**
**6,980**
**7,544**|
|||
|**Total funds brought forward**|**310,226**
**37,877**
**—**
**348,103**
**340,559**|
|||
|**Total funds carried forward**|**317,337**
**37,746**
**—**
**355,084**
**348,103**|
## **Balance sheet**
|**Class and code**
**Description**
**Fixed assets**
FA003
Barnabas Centre
**Total Fixed assets**
**Current assets**
CA006
CCLA deposit account
CA007
Petty Cash
CA008
CAF Bank - St Pauls current account
Z05
Accounts Receivable
**Total Current assets**
**Liabilities**
Z04
Accounts Payable
**Total Liabilities**
**Net Asset surplus(defcit)**
**Reserves**
Excess / (defcit) to date
Z01
Starting balances
Z02
Other gains/(losses)
**Total Reserves**
**Represented by funds**
Unrestricted
Designated
Restricted
Endowment|**This year**
**Last year**|
|---|---|
|||
|||
|||
||215,000
215,000|
||**215,000**
**215,000**|
|||
|||
||110,296
110,250|
||18
74|
||42,637
36,607|
||(127)
602|
||**152,825**
**147,535**|
|||
|||
||12,741
14,431|
||**12,741**
**14,431**|
|||
||**355,084**
**348,103**|
|||
|||
||6,980
(3,021)|
||348,103
351,125|
||—
—|
||**355,084**
**348,103**|
|||
|||
|||
||17,760
11,600|
||299,577
298,626|
||37,746
37,877|
||—
—|
_Page 6_
**Total**
**355,084 348,103**
## **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) -|(17)
(5)|
|Sunday School Fund (Designated) -|(83)
(83)|
|General fund (Unrestricted) -|118
162|
||**18**
**74**|
|||
|**CAF Bank - St Pauls current account**||
|Flower Fund (Restricted) -|345
432|
|St Paul's Maintenance (Restricted) -|887
887|
|St Paul's Mission Fund (Designated) -|4,409
4,409|
|Sunday School Fund (Designated) -|5,250
4,299|
|Youth Club Fund - St Paul's (Restricted) -|1,530
1,562|
|General fund (Unrestricted) -|30,213
25,015|
||**42,637**
**36,607**|
|||
|**Total for Cash at bank and in hand**|**42,656**
**36,681**|
|||
|**Debtors**||
|**Accounts Receivable**||
|General fund (Unrestricted) -|(127)
602|
||**(127)**
**602**|
|||
|**Total for Debtors**|**(127)**
**602**|
|||
|**Investments**||
|**CCLA deposit account**||
|St Paul's Maintenance (Restricted) -|35,000
35,000|
|St Paul's Mission Fund (Designated) -|75,000
75,000|
|General fund (Unrestricted) -|296
250|
||**110,296**
**110,250**|
|||
|**Total for Investments**|**110,296**
**110,250**|
|||
|**Creditors: Amounts falling due in one year**||
|**Accounts Payable**||
|General fund (Unrestricted) -|(12,741)
(14,431)|
|||
|**Total for Creditors: Amounts falling due in one year**|**(12,741)**
**(14,431)**|
|||
|**Grand total**|**355,084**
**348,103**|
|||
_Page 7_
## **Fund movement by type**
||**Opening **|**Incoming **|**Outgoing **|**TransfersGains/losses Closing**|**TransfersGains/losses Closing**|**TransfersGains/losses Closing**|
|---|---|---|---|---|---|---|
|**Building - Buildings Fund**|||||||
|Designated|215,000|—|—|—|—|215,000|
|**Sub-total for Building**|**215,000**|**—**|**—**|**—**|**—**|**215,000**|
|**FLO - Flower Fund**|||||||
|Restricted|427|—|98|—|—|328|
|**Sub-total for FLO**|**427**|**—**|**98**|**—**|**—**|**328**|
|**SF - Sunday School Fund**|||||||
|Designated|4,216|1,998|1,048|—|—|5,167|
|**Sub-total for SF**|**4,216**|**1,998**|**1,048**|**—**|**—**|**5,167**|
|**SPAM - St Paul's Maintenance**|||||||
|Restricted|35,887|—|—|—|—|35,887|
|**Sub-total for SPAM**|**35,887**|**—**|**—**|**—**|**—**|**35,887**|
|**SPAMF - St Paul's Mission Fund**|||||||
|Designated|79,409|—|—|—|—|79,409|
|**Sub-total for SPAMF**|**79,409**|**—**|**—**|**—**|**—**|**79,409**|
|**YCFPA - Youth Club Fund – St Pauls**|||||||
|Restricted|1,562|—|32|—|—|1,530|
|**Sub-total for YCFPA**|**1,562**|**—**|**32**|**—**|**—**|**1,530**|
|**General - General fund**|||||||
|Unrestricted|11,600|105,530|99,370|—|—|17,760|
|**Sub-total for General**|**11,600**|**105,530**|**99,370**|**—**|**—**|**17,760**|
|**Grand total**|**348,103**|**107,529**|**100,548**|**—**|**—**|**355,084**|
## **Analysis of income and expenditure**
|**Total**
**Unrestricted**
**Designated**
**Restricted**
**Endowment**
**This year**
**Last year**
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Plate Income
539
—
—
—
539
288
Stewardship
71,719
—
—
—
71,719
70,930
Tax Rebate for Gift Aid
14,584
—
—
—
14,584
14,736
Church Donations
10,222
—
—
—
10,222
17,359
Total
97,065
—
—
—
97,065
103,315
**Income from charitable activities**
Fees
228
—
—
—
228
275
Interest
46
—
—
—
46
250
Special Collections
—
—
—
—
—
444
In/Out Receipts
40
—
—
—
40
74,833
Lettings
8,150
—
—
—
8,150
5,724
Sunday School
—
1,998
—
—
1,998
1,998|**Total**
**Unrestricted**
**Designated**
**Restricted**
**Endowment**
**This year**
**Last year**
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Plate Income
539
—
—
—
539
288
Stewardship
71,719
—
—
—
71,719
70,930
Tax Rebate for Gift Aid
14,584
—
—
—
14,584
14,736
Church Donations
10,222
—
—
—
10,222
17,359
Total
97,065
—
—
—
97,065
103,315
**Income from charitable activities**
Fees
228
—
—
—
228
275
Interest
46
—
—
—
46
250
Special Collections
—
—
—
—
—
444
In/Out Receipts
40
—
—
—
40
74,833
Lettings
8,150
—
—
—
8,150
5,724
Sunday School
—
1,998
—
—
1,998
1,998|
|---|---|
||—
1,998
—
—
1,998
1,998|
|Total|8,465
1,998
—
—
10,464
83,526|
|**INCOME TOTAL**|105,530
1,998
—
—
107,529
186,841|
_Page 8_
## **EXPENDITURE**
|**Expenditure on charitable activities**
Parish Gift
45,530
—
—
—
45,530
45,540
Salaries & Honoraria - Church
27,457
—
—
—
27,457
27,151
Staf Expenses
682
—
—
—
682
1,259
Church Water Rates
1,198
—
—
—
1,198
694
Church Electricity
1,598
—
—
—
1,598
1,331
Church Gas
1,296
—
—
—
1,296
1,076
Insurances - Church
1,307
—
—
—
1,307
1,933
Sunday School
—
1,048
—
—
1,048
735
Youth Club
—
—
32
—
32
9
Administration
59
—
—
—
59
245
Photocopier
6
—
—
—
6
65
Telephone
691
—
—
—
691
838
Licences
763
—
—
—
763
727
In / Out Disbursements
40
—
—
—
40
74,833
Wages & Salary Costs
291
—
—
—
291
553
Auditors Fees
300
—
—
—
300
(141)
Other Professional Fees
600
—
—
—
600
—
Repairs & Maintenance - Church
3,196
—
—
—
3,196
4,750
Technology
1,003
—
—
—
1,003
759
Bank Charges
192
—
—
—
192
120
Church Expenses
1,229
—
—
—
1,229
1,693
Flower expenses
—
—
98
—
98
73
Donations - Outwards
10,500
—
—
—
10,500
10,900
Special Collections
—
—
—
—
—
444
Music
25
—
—
—
25
—
Presentations
162
—
—
—
162
70
Mission, Training & Resources
1,237
—
—
—
1,237
3,631|**Expenditure on charitable activities**
Parish Gift
45,530
—
—
—
45,530
45,540
Salaries & Honoraria - Church
27,457
—
—
—
27,457
27,151
Staf Expenses
682
—
—
—
682
1,259
Church Water Rates
1,198
—
—
—
1,198
694
Church Electricity
1,598
—
—
—
1,598
1,331
Church Gas
1,296
—
—
—
1,296
1,076
Insurances - Church
1,307
—
—
—
1,307
1,933
Sunday School
—
1,048
—
—
1,048
735
Youth Club
—
—
32
—
32
9
Administration
59
—
—
—
59
245
Photocopier
6
—
—
—
6
65
Telephone
691
—
—
—
691
838
Licences
763
—
—
—
763
727
In / Out Disbursements
40
—
—
—
40
74,833
Wages & Salary Costs
291
—
—
—
291
553
Auditors Fees
300
—
—
—
300
(141)
Other Professional Fees
600
—
—
—
600
—
Repairs & Maintenance - Church
3,196
—
—
—
3,196
4,750
Technology
1,003
—
—
—
1,003
759
Bank Charges
192
—
—
—
192
120
Church Expenses
1,229
—
—
—
1,229
1,693
Flower expenses
—
—
98
—
98
73
Donations - Outwards
10,500
—
—
—
10,500
10,900
Special Collections
—
—
—
—
—
444
Music
25
—
—
—
25
—
Presentations
162
—
—
—
162
70
Mission, Training & Resources
1,237
—
—
—
1,237
3,631|
|---|---|
||1,237
—
—
—
1,237
3,631|
|Total|99,370
1,048
130
—
100,548
179,297|
|**EXPENDITURE TOTAL**|99,370
1,048
130
—
100,548
179,297|
|||
|**GRAND TOTAL**|6,160
950
(130)
—
6,980
7,544|
Approved at the PCC Meeting on ……………… and signed on its behalf:
Revd. Steve Bailey Team Rector ……………………………………………….
Mr Bryan Philpott Parish Treasurer ………………………………………………. Mr Paul Webster Church Warden ………………………………………………. Mrs Anita Chettle Church Warden ……………………………………………….
_Page 9_
Pagelo
## **Independent Examiner’s Report to the Trustees of St Paul’s Church, Oadby, Leicester – Charity Number: 1186637**
## **Independent examiner’s report to the trustees of St Paul’s Church Oadby**
I report to the charity trustees on my examination of the accounts of St Paul’s Church Oadby for the year ended 31 December 2021.
## **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 trust'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:
1. accounting records were not kept in respect of the Trust as required by section 130 of the 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 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 Woodford Norman Accounting Limited 7 Kevern Close Wigston Leicester LE18 2GR
12 February 2022
_Page 11_