# **ANNUAL REPORT AND FINANCIAL STATEMENTS OF THE PARISH OF ST PAUL OADBY**
## **Registered Charity number 1186637**
**Year ended 31[st] December 2022**
## _**Legal and Administrative Information**_
## _**Ministers**_
Revd. Steve Bailey, Team Rector Revd. Maria Jukes, Curate
## _**Church Wardens**_
Mrs Anita Chettle Mrs Rosie Philpott
## _**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 2022) until the approval of the accounts (22[nd] February 2023) are:
|Revd. S Bailey|Revd. M Jukes|Mrs R Smith|
|---|---|---|
|Dr R Sundaram|Mrs V James|Mr A Penter (Sec)|
|Mr C Chettle|Mrs C Kilbourne|Mrs T Webster|
|Mr B Philpott|Miss L McGoldrick|Mrs A Chettle|
|Mr A Asiimwe|Mrs K Johnson|Mrs R Philpott|
|Dr N Stanley|Mrs S Penter|Mr W Jayes|
The Council members who served for only part of the stated period are: Dr Hugh James.
The PCC has invited Mr G Neville (Ops Manager) to attend to provide updates and be kept aware of what is happening.
Since the last Annual Parochial Church Meeting, which was held on 24[th] April, there have been 9 meetings of the Council and 9 meetings of the Standing Committee.
At the meeting the meeting on 10[th] May 2022, 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 Rev M Jukes 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_
## **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 2022 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.
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 and online, that those who attend have found beneficial and spiritually fulfilling. Sunday worship
_Page 3_
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 105 on the Church Electoral Roll, which represents 12 losses and 4 gains. Despite this, 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 1 baptism; no weddings; and have conducted 4 funerals in the period 1st January 2022 to 31[st ] December 2022.
## Deanery Synod
Three of the PCC sit on the Deanery Synod in addition to the clergy. From January 2022 to December 2022, 3 Deanery Synod meetings.
## 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.
The PCC pays its employees a minimum of the National Living Wage and provides contributory workplace pension to members of the lay staff so entitled, who have taken this up with CWPF & NEST. 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.
_Page 4_
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 2022 for £12,075 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 one member of 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. Another member of staff taken on in 2022 has been enrolled into the NEST workplace pensions scheme that was set up by the Government.
## 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 2022
It is my pleasure as Treasurer of the Parish to present the Financial Review for 2022.
Mr Bryan Philpott 6[th] March 2023
_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|106,400
—
—
106,400
97,065|
|Income from charitable activities|18,113
—
—
18,113
10,464|
|**Total income**|**124,514**
**—**
**—**
**124,514**
**107,529**|
|||
|**Expenditure on:**||
|Expenditure on charitable activities|139,957
296
—
140,254
100,548|
|**Total expenditure**|**139,957**
**296**
**—**
**140,254**
**100,548**|
|||
|**Net income / (expenditure) resources**
**before transfer**|**(15,443)**
**(296)**
**—**
**(15,739)**
**6,980**|
|||
|**Other recognised gains / losses**||
|**Net movement in funds**|**(15,443)**
**(296)**
**—**
**(15,739)**
**6,980**|
|||
|**Total funds brought forward**|**317,337**
**37,746**
**—**
**355,084**
**348,103**|
|||
|**Total funds carried forward**|**301,893**
**37,450**
**—**
**339,344**
**355,084**|
## **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**|
|||
|||
||111,033
110,296|
||31
18|
||28,646
42,637|
||(542)
(127)|
||**139,168**
**152,825**|
|||
|||
||14,824
12,741|
||**14,824**
**12,741**|
|||
||**339,344**
**355,084**|
|||
|||
||(15,739)
3,958|
||355,084
351,125|
||—
—|
||**339,344**
**355,084**|
|||
|||
|||
||2,233
17,760|
||299,660
299,577|
||37,450
37,746|
||—
—|
_Page 6_
**Total**
**339,344 355,084**
## **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) -|(36)
(17)|
|Sunday School Fund (Designated) -|(83)
(83)|
|General fund (Unrestricted) -|150
118|
||**31**
**18**|
|||
|**CAF Bank - St Pauls current account**||
|Flower Fund (Restricted) -|239
345|
|St Paul's Maintenance (Restricted) -|887
887|
|St Paul's Mission Fund (Designated) -|4,409
4,409|
|Sunday School Fund (Designated) -|5,333
5,250|
|Youth Club Fund - St Paul's (Restricted) -|1,359
1,530|
|General fund (Unrestricted) -|16,416
30,213|
||**28,646**
**42,637**|
|||
|**Total for Cash at bank and in hand**|**28,677**
**42,656**|
|||
|**Debtors**||
|**Accounts Receivable**||
|General fund (Unrestricted) -|(542)
(127)|
||**(542)**
**(127)**|
|||
|**Total for Debtors**|**(542)**
**(127)**|
|||
|**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) -|1,033
296|
||**111,033**
**110,296**|
|||
|**Total for Investments**|**111,033**
**110,296**|
|||
|**Creditors: Amounts falling due in one year**||
|**Accounts Payable**||
|General fund (Unrestricted) -|(14,824)
(12,741)|
|||
|**Total for Creditors: Amounts falling due in one year**|**(14,824)**
**(12,741)**|
|||
|**Grand total**|**339,344**
**355,084**|
|||
_Page 7_
## **Fund movement by type**
## **OpeningIncomingOutgoingTransfersGains/losses Journals**
|**C**|**losing**||
|---|---|---|
||**Building - Buildings Fund**||
||Designated|215,000
—
—
—
—
—
215,000|
||**Sub-total for Building**|**215,000**
**—**
**—**
**—**
**—**
**—**
**215,000**|
||||
||**FLO - Flower Fund**||
||Restricted|328
—
125
—
—
—
203|
||**Sub-total for FLO**|**328**
**—**
**125**
**—**
**—**
**—**
**203**|
||||
||**SF - Sunday School Fund**||
||Designated|5,167
2,053
1,970
—
—
—
5,250|
||**Sub-total for SF**|**5,167**
**2,053**
**1,970**
**—**
**—**
**—**
**5,250**|
||||
||**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**||
||Restricted|1,530
—
171
—
—
—
1,359|
||**Sub-total for YCFPA**|**1,530**
**—**
**171**
**—**
**—**
**—**
**1,359**|
||||
||**General - General fund**||
||Unrestricted|17,760
122,460
137,987
—
—
—
2,233|
||**Sub-total for General**|**17,760**
**122,460**
**137,987**
**—**
**—**
**—**
**2,233**|
||||
||**Grand total**|**355,084**
**124,514**
**140,254**
**—**
**—**
**—**
**339,344**|
||||
## **Analysis of income and expenditure**
||||
|---|---|---|
|||—
2,053
—
—
2,053
1,998|
||Total|16,060
2,053
—
—
18,113
10,464|
||**INCOME TOTAL**|122,460
2,053
—
—
124,514
107,529|
_Page 8_
## **EXPENDITURE**
## **Expenditure on charitable activities**
|Parish Gift
Salaries & Honoraria - Church
Staf Expenses
Church Water Rates
Church Electricity
Church Gas
Insurances - Church
Sunday School
Youth Club
Administration
Photocopier
Telephone
Licences
In / Out Disbursements
Wages & Salary Costs
Auditors Fees
Other Professional Fees
Repairs & Maintenance - Church
Technology
Bank Charges
Church Expenses
Flower expenses
Donations - Outwards
Music
Presentations
Mission, Training & Resources|50,100
—
—
—
50,100
45,530
40,430
—
—
—
40,430
27,457
600
—
—
—
600
682
1,978
—
—
—
1,978
1,198
2,204
—
—
—
2,204
1,598
1,582
—
—
—
1,582
1,296
1,356
—
—
—
1,356
1,307
—
1,970
—
—
1,970
1,048
—
—
171
—
171
32
40
—
—
—
40
59
32
—
—
—
32
6
692
—
—
—
692
691
813
—
—
—
813
763
(80)
—
—
—
(80)
40
583
—
—
—
583
291
300
—
—
—
300
300
630
—
—
—
630
600
20,452
—
—
—
20,452
3,196
477
—
—
—
477
1,003
163
—
—
—
163
192
2,131
—
—
—
2,131
1,229
—
—
125
—
125
98
12,075
—
—
—
12,075
10,500
—
—
—
—
—
25
24
—
—
—
24
162|
|---|---|
||1,399
—
—
—
1,399
1,237|
|Total|137,987
1,970
296
—
140,254
100,548|
|**EXPENDITURE TOTAL**|137,987
1,970
296
—
140,254
100,548|
|||
|**GRAND TOTAL**|(15,526)
83
(296)
—
(15,739)
6,980|
Approved at the PCC Meeting on ……………… and signed on its behalf:
Revd. Steve Bailey Team Rector ……………………………………………….
Mr Bryan Philpott Parish Treasurer
……………………………………………….
Mrs Rosie Philpott Church Warden
……………………………………………….
_Page 9_
Mrs Anita Chettle
Church Warden
……………………………………………….
_Page 10_
## **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 2022.
## **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
Date: 22[nd] February 2023
_Page 11_