## Church of St Mary the Virgin, Fen Ditton 

## 2021 ACCOUNTS AT A GLANCE 





## Commentary on 2021 Fen Ditton PCC Accounts 

In 2021 income and payments were £47,235 and £32,648 respectively, leaving a surplus of £14,588 for the year.  The income in the year included a number of exceptional payments, the use of which was limited to certain defined purposes, and the unrestricted income and payments were £32,516 and £30,636 respectively, leaving a surplus in the unrestricted funds of £1,881. 

At 31[st] Dec 2021, the unrestricted funds stood at £14,334 and the sum of restricted funds stood at £96,747 (fabric fund, including specific allocations: £58,281). 

2021 continued to be a challenging year for normal activities in the church with lockdowns and restricted use.  Similarly, to 2020, this caused a significant reduction in our service collection income to £2232 (£1,500 in 2020, £6,000 in 2019). Income from church events such as weddings was healthier at £3,888 (compared to £1,200 in 2020 and £4,000 in 2019). 

Planned giving fell from £17,207 in 2020 to £15,374, with a reduction of the number of standing orders by one, but the members of the Parish Giving Scheme increasing by 1.  Events were significantly below recent years at £804 (2020: £3,200).   We also received two bequests in the year totalling £6,069, of which £5000 was unrestricted and a welcome boost to the unrestricted funds. The PCC also received a substantial transfer in of funds (£13,719) from the old Church Trust which will be held in by the PCC solely for the purposes of paying the insurance as agreed with the Trust. 

The Parish Share was in line with the prior year at £22,993 (2020: £23,007).  Church running costs including utilities and insurance maintained the low rate during the pandemic due to reduced music costs at £7,116 (2020: £7,303).  Building maintenance costs for the year were in line with prior years at £1,859 (2020: £1,745) and entirely made up of routine maintenance costs. 

The pandemic has caused significant disruption to the usual functioning of the church denting usual income, but the financial position benefited significantly from bequests and the old Church Trust. Despite the surplus, we continue to run a structural deficit in that our normal income does not cover our normal outgoings and we require exceptional income to ensure we are in surplus. 

Looking forward, there are several fabric projects that should be progressed in the year ahead including safe access to the church tower, roof remedial works, path improvements, as well as a potential contribution to the Parish Council for repair of the church wall (a Parish Council responsibility).  This is like to require significant funding.  It would also be great to restore the level of activity in events and weddings, as well as in-service giving that provide much needed income. 

Sam Hyde (tr.fdchurch@gmail.com) 

May 2022 



**St Mary the Virgin, Fen Ditton** 

## **Annual Financial Report for the year ended 31 December 2021** 

|Contents|||Page No.|
|---|---|---|---|
|Church PCC General Account|Receipts||2|
||Payments||3|
||Statement of Assets||4|
||Restricted Funds||5|
||Explanatory Notes||6 to 7|
|Independent Examiner's Report|||8|
|Date of Report|31 March 2022|||
|Treasurer|Dr S C W Hyde|Email: Tr.FDChurch@gmail.com||
||Highfield House|Tel: 01223 527057||
||31 High Street, Fen Ditton|||
||Cambridge CB5 8ST|||
|Independent Examiner|Mr J F Wong|Email: jeremywong@btconnect.com||
||59 Bridle Way|Tel: 01223 840244||
||Grantchester|||
||Cambridge CB3 9NY|||
|Bankers|Barclays Bank|CCLA||
||28 Chesterton Road|Senator House||
||Cambridge CB4 3VT|85 Queen Victoria Street||
|||London EC4 4ET||



Page 1 



## **PCC General Fund** 

|**PCC General Fund**|||||
|---|---|---|---|---|
|**Receipts**<br>_Notes_<br>Giving<br>Planned giving<br>Collection envelopes<br>Standing order<br>1<br>Parish Giving Scheme + Stewardship<br>1<br>Gift day<br>Collection open<br>Tax recovered<br>Good box<br>Total giving before one-off sums<br>Bequest and donations<br>2<br>Total giving<br>Church activities<br>Wedding<br>Funeral<br>Baptism<br>Other<br>Events & fund raise<br>3<br>Other Income<br>Grants<br>Transfer in<br>4<br>Reimbursement<br>5<br>Other<br>Total Receipts|_Unrestricted_<br>_(£)_<br>-<br>1,185.00<br>14,189.12<br>-<br>15,374.12<br>2,231.57<br>3,015.20<br>11.29<br>20,632.18<br>6,069.13<br>26,701.31<br>1,980.00<br>1,908.00<br>-<br>-<br>3,888.00<br>804.64<br>-<br>-<br>1,123.03<br>-<br>1,123.03<br>32,516.98|_Restricted_<br>_(£)_<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>1,000.00<br>1,000.00<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>13,718.50<br>-<br>-<br>13,718.50<br>14,718.50|_2021_<br>_(£)_<br>-<br>1,185.00<br>14,189.12<br>-<br>15,374.12<br>2,231.57<br>3,015.20<br>11.29<br>20,632.18<br>7,069.13<br>27,701.31<br>1,980.00<br>1,908.00<br>-<br>-<br>3,888.00<br>804.64<br>-<br>13,718.50<br>1,123.03<br>-<br>14,841.53<br>47,235.48|_2020_<br>_(£)_<br>-<br>2,190.00<br>15,016.96<br>-|
|||||17,206.96<br>1,524.68<br>-<br>-|
|||||18,731.64|
|||||10,236.86|
|||||28,968.50|
|||||322.00<br>914.00<br>-<br>-|
|||||1,236.00<br>3,159.48<br>-<br>10,601.32<br>244.21<br>-|
|||||10,845.53|
|||||44,209.51|



Page 2 



## **PCC General Fund** 

|**PCC General Fund**||||
|---|---|---|---|
|**Payments**<br>_Notes_<br>Ministry costs<br>Parish share<br>6<br>Diocese Fee<br>7<br>Ministerial expenses<br>Church running expenses<br>Utilities<br>Bank charges<br>Flowers<br>Choir music<br>Organ service<br>Audit/legal<br>Petty Cash<br>Church supplies<br>Music/Organist<br>Insurance<br>Officiating<br>Other<br>8<br>Building maintenance<br>Routine<br>9<br>Non-routine<br>10<br>Event expenses<br>11<br>Memberships<br>Concerts/fairs<br>Printing<br>Other<br>Charitable donations<br>12<br>Other<br>Legal and commercial<br>Refunds<br>Transfers out<br>Total Payments<br>Surplus / (Shortfall) for the Year|_Unrestricted_<br>_(£)_<br>22,992.82<br>-<br>-<br>22,992.82<br>3,113.93<br>3.96<br>-<br>-<br>130.00<br>250.00<br>-<br>25.00<br>80.00<br>3,207.79<br>-<br>305.40<br>7,116.08<br>492.00<br>-<br>492.00<br>-<br>-<br>-<br>-<br>-<br>35.00<br>-<br>-<br>-<br>30,635.90<br>1,881.08|_Restricted_<br>_(£)_<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>644.30<br>-<br>-<br>644.30<br>1,367.48<br>-<br>1,367.48<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>2,011.78<br>12,706.72|_2021_<br>_2020_<br>_(£)_<br>_(£)_<br>22,992.82<br>23,007.21<br>-<br>-<br>-<br>1,001.13|
||||22,992.82<br>24,008.34<br>3,113.93<br>1,822.23<br>3.96<br>2.97<br>-<br>-<br>-<br>194.28<br>130.00<br>-<br>250.00<br>240.00<br>-<br>611.51<br>25.00<br>152.84<br>80.00<br>480.00<br>3,852.09<br>3,798.72<br>-<br>-<br>305.40<br>-|
||||7,760.38<br>7,302.55<br>1,859.48<br>1,744.70<br>-<br>-|
||||1,859.48<br>1,744.70<br>-<br>50.00<br>-<br>295.00<br>-<br>-<br>-<br>-|
||||-<br>345.00<br>35.00<br>1,070.00<br>-<br>-<br>-<br>-<br>-<br>-|
||||32,647.68<br>34,470.59|
|||||
||||14,587.80<br>9,738.92|



Page 3 



|**PCC General Fund**<br>**Statement of Assets**<br>Monetary Assets<br>Current account<br>CCLA deposit account<br>Non-monetary Assets<br>Reconcilliation<br>Current account at 1 Jan 21<br>Excess of receipts over payments<br>Current account at 31 Dec 21<br>CCLA deposit account at 1 Jan 21<br>Plus interest on deposit account<br>Plus transfers from current account<br>Less transfers into current account<br>Deposit account at 31 Dec 21|_Unrestricted_<br>_(£)_<br>14,334.32|_Restricted_<br>_(£)_<br>96,747.46|As 31 December<br>_2021_<br>_2020_<br>_(£)_<br>_(£)_<br>71,137.99<br>56,550.19<br>39,943.79<br>39,922.99|
|---|---|---|---|
||||111,081.78<br>96,473.18<br>Nil<br>Nil<br>56,550.19<br>14,587.80<br>71,137.99<br>39,922.99<br>20.80<br>-<br>-<br>39,943.79|



Page 4 



## **PCC General Fund** 

## **Restricted Funds** 

|Fabric of church<br>Choir<br>Music<br>Leprosy mission<br>Flowers<br>Vestments<br>Insurance<br>Gates and path<br>Reordering of the Church|_At 1 Jan 21_<br>58,648.92<br>1,038.74<br>834.49<br>306.02<br>254.56<br>1,760.30<br>-<br>10,596.39<br>10,601.32<br>84,040.74|_Payments_<br>1,367.48<br>-<br>-<br>-<br>-<br>-<br>644.30<br>-<br>-<br>2,011.78|_Receipts_<br>1,000.00<br>-<br>-<br>-<br>-<br>-<br>13,718.50<br>-<br>-<br>14,718.50|_At 31 Dec 21_<br>58,281.44<br>1,038.74<br>834.49<br>306.02<br>254.56<br>1,760.30<br>13,074.20<br>10,596.39<br>10,601.32|
|---|---|---|---|---|
|||||96,747.46|



Page 5 



## **PCC General Fund** 

## **Explanatory Notes** 

## **Note** 

|**Note**||||
|---|---|---|---|
|Note 1<br>Planning Giving<br>Number of standing orders<br>Number in the Parish Giving Scheme and Stewardship<br>Note 2<br>Bequests and Donations<br>_Unrestricted_<br>_(£)_<br>Bequest from the Laurie Marsh estate<br>5,000.00<br>Bequest from the Elizabeth Bendall estate<br>-<br>Donation box and other donations<br>1,069.13<br>6,069.13<br>Note 3<br>Events and Fund Raising<br>Concerts<br>Dragon boat racing<br>Bumps teas<br>Fairs<br>Easter card sale<br>5p<br>200 Club<br>Coffee morning<br>Easyfundrasing<br>Other<br>Note 4<br>Transfer in<br>Monies received from the Fen Ditton Church Trust reserved for<br>the purpose of paying the insurance of the Church<br>Note 5<br>Reimbursement<br>Utility provider refund|_Restricted_<br>_(£)_<br>-<br>1,000.00<br>1,000.00|As<br>_2021_<br>5<br>14<br>_2021_<br>_(£)_<br>5,000.00<br>1,000.00<br>1,069.13<br>7,069.13<br>-<br>31.90<br>-<br>462.62<br>12.75<br>10.00<br>-<br>245.00<br>21.37<br>21.00<br>804.64<br>13,718.50<br>13,718.50<br>1,123.03<br>1,123.03|31 December<br>_2020_<br>6<br>13<br>_2020_<br>_(£)_|
||||10,236.61<br>1,006.53<br>-<br>-<br>953.00<br>-<br>31.00<br>1,086.00<br>-<br>32.95<br>50.00|
||||3,159.48<br>-|
||||10,601.32|
||||244.21|



Page 6 



## **PCC General Fund** 

## **Explanatory Notes Cont.** 

|**Note**<br>Note 6<br>Parish Share<br>Parish Share paid in 2020<br>Parish Share due in 2021: £22,992.82<br>Monthly payments made 2021<br>Parish Share paid<br>Note 7<br>Diocesan fees<br>Note 8<br>Church running expenses - other<br>Fison Faculty<br>Note 9<br>Building Maintenance Routine<br>Alarm annual fee<br>Alarm service<br>Rentokil<br>Heater service<br>Electrical testing<br>Note 10<br>Building Maintenance Non-Routine<br>None<br>Note 11<br>Event Expenses<br>None<br>Note 12<br>Charitable Donations<br>Donation to RBL - Remembrance Wreath (2020)|_2021_<br>_(£)_<br>22,992.82<br>22,992.82<br>-<br>-<br>305.40<br>305.40<br>181.20<br>415.20<br>771.08<br>492.00<br>-<br>1,859.48<br>-<br>-<br>-<br>-<br>35.00<br>35.00|_2020_<br>_(£)_<br>23,007.21|
|---|---|---|
|||23,007.21<br>-|
|||-<br>-|
|||175.20<br>345.60<br>721.34<br>502.56<br>-|
|||1,744.70|
|||1,829.76|
|||345.00|
|||1,070.00|



Page 7 



Independent Examiner's Report to the Parochial Church Council of St
Mary the Virgin Fen Ditton.
I report on the accounts for the year ended 3 1st December 2021, whlch are set
out on pages I to 7.
Respectlve responslbllltles of the Trustees and Independent Examlner
As trustees of the charity, the members of the PCC are responsible for the
preparation of the accounts. They consider that an audit is not required for this
year under section 144(2J ofthe Charities Act 2011 (the 2011 Act) and that an
independent examination is needed.
It is my responsibility to
examine the accounts under section 145 of the 2011 Act,.
follow the procedures laid down in the General Directions given by the
Charity Commissioners section 145(5)(b) of the 2011 Act; and
state whether particular matter5 have come to my attention.
Basls of Independent Examlner's Statement
My examination was carried out in accordance with the General Directions given
by the Charity Commlssion. An examlnatlon Includes a review of the accounting
records kept by the charity and a comparison of the accounts presented with
those records. It also includes consideration of any unusual items or disclosures
in the accounts, and seeking explanations from the management committee
concerning any such matters. The procedures undertaken do not provide all the
evidence that would be required in a full audiL and consequently I do not
express an audit opinion on the accounts.
Independent Examlner's statement
In connectlon wlth my examlnatlon, no matters have come to my attention
l. which give me reasonable cause to believe that in any matertal respect the
requirements
a. to keep accounting records in accordance with s.130 of the 2011 Act: or
b. to prepare accounts which accord with these accounting records have not
been met: or
2. to whlch, In my opinlon, attentlon should be drawn in order to enable a
proper understanding of the accounts to be reached.
Mr J F Won& 59 Bridle Way, Grantchester, Cambridge, CB3 9NY
20Apr 2022