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2022-12-31-accounts

Annual Report and Financial Statements of the Parochial Church Council of the Ecclesiastical Parish of St. John the Baptist, Southend-on-Sea for the year ended 31st December 2022

TO BE A CHURCH OF DIFFERENT PEOPLE TRUSTING AND FOLLOWING JESUS, LOVING AND FORGIVING ONE ANOTHER, SERVING OUR COMMUNITIES AND ESTABLISHING INNOVATIVE NEW CHURCHES ACROSS SOUTHEND FOR OUR GREATEST JOY AND TO THE GLORY OF GOD.

PRIEST-IN-CHARGE & CHAIR OF TRUSTEES

REVD. MIKE WALKER

INDEPENDENT EXAMINER:

J P FRANCIS FCA, 1386 LONDON ROAD, LEIGH-ON-SEA SS9 2UJ

BACKGROUND

St John the Baptist PCC co-operates with the incumbent in the promotion of the Christian Faith in our ecclesiastical parish and the fulfilment of our church vision set out below and the responsibility and maintenance of the church buildings and grounds.

CHARITABLE STATUS

The PCC is a charity registered with The Charities Commission #1194402

RECRUITMENT OF TRUSTEES

The appointment of trustees is determined in accordance with the Parochial Church Council Procedures. All of our trustees are safely recruited and DBS checked.

CURRENT PCC MEMBERSHIP

Members of the PCC are either ex officio or elected at the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation rules as published by the Church of England. They are as follows (starred persons are on the standing committee):

Priest in Charge (chair) Rev Michael Walker Wardens Lucy Ramsay Jacky Rossi Deanery Synod Deji Adesida Elected Members Christine Ballard Steve Bannister Jenny Martin (PCC Secretary) James Myerscough Lewis Saville Linda Saville* Sam Svanda Linda Thornton

2

YEAR IN REVIEW

The key highlights of year to 31st December 2022 are as follows:

Since January 2022, Christ Church underwent an extensive refurbishment, with new flooring and chancel, new seating, new A/V and new coffee area. The project also received grant funding to employ two part time children and youth leaders.

3

Sunday attendance figures have grown, despite losing 17 adults and children to the Christ Church revitalisation and seeing Rod and Jo Harvey and family begin a new ministry at Southend Vineyard.

Sunday Attendance Jan–Oct 2022

----- Start of picture text -----
120
100
80
60
40
20
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct
----- End of picture text -----

Signed (PCC Chair) 29/03/2023

4

Financial Highlights for 2022

2022 was the first full year for St John’s operation as a standalone parish, following the Church Plant from St. Michael & All Angels Westcliff, completion of comprehensive reordering and building work at St. John’s and formal separation from Southend Team Ministry of churches in early 2021. This is reflected in the financial numbers for the year ended 31[st] December 2022, which are presented in detail in the Annual Report & Accounts and will be filed with Chelmsford Diocese and the Charity Commission in due course.

Note: St John’s detailed annual Accounts include comparative Income and Expenses figures for the ‘Period Ending 31.12.2021’ which reflect the activities of the St John’s church plant for the 2-year period from Jan-2020 (when the church plant from St Michael’s effectively began) until Dec-2021. Until the establishment of St John’s as a new registered charity (in May-2021) with its own bank account/ PCC etc, these financial activities were managed through the bank accounts of St Michael & All Angels, Westcliff and segregated/ reported within a designated ‘St John’s Church Plant Fund’ in St Michael’s books. This Fund is no longer required and was closed effective from Nov-22 (see below).

Here are a few financial highlights from the 2022 reporting year:

Regular giving/ income and other donations

Parish Share allocation/ contributions

5

Staff changes/ funding arrangements

Buildings/ repair costs etc

6

FY22 Net result and closing cash position

St. John’s reported an overall consolidated net Income/ Expenditure deficit of £2,500 for 2022. This resulted in a reduction in Dec-22 cash reserves to £41,555 and in the total Balance Sheet net assets position to £42,138 .

Reserves policy

Since Mar-23, cash surplus to immediate requirements is invested in a St. John’s-designated deposit account held with the Central Board of Finance of the Church of England (‘CBF’), via CCLA, which invests funds in ethical funds and offers a slightly higher rate of interest than traditional high street banks, with comparable security of deposit.

PCC considers that a minimum of two months average expenditure, estimated at £10,000, should be retained as standby liquidity in the main Lloyd’s bank accounts, to cover any unforeseen income fluctuations. PCC regularly reviews the level of reserves to ensure that sufficient funds are held to meet its contractual commitments and those arising from other obligations.

Alan Prosser – Facilities & Finance Manager 31st March 2023

7

St John The Baptist Church Statement of Financial Activities

for the year ended 31st December 2022

Income from:
Donations and legacies
Investment income
Charitable activities
Other trading activies
Other
Total Income
Expenditures:
Raising funds
Charitable activities expenses
Other expenditure
Total Expenditures
Net income/(expenditure) resources before transfer
Transfers
Gross transfers between funds - in
Gross transfers between funds - out
Net movement in funds
Total funds brought forward
Total funds carried forward
Represented by
Unrestricted fund
General fund
(
(
Restricted
-
-
99,873
-
-
99,873
-
96,877
-
96,877
2,996
(
-
2,996)

2,996)

-
-
-
-
Unrestricted
71,254
14
3,459
5,609
7,058
87,394
1,234
86,815
4,841
92,890
5,496)

(
2,996
-
2,996
44,638
42,138
42,138
42,138
Year Ended
31.12.2022
71,254
14
103,332
5,609
7,058
187,267
1,234
183,692
4,841
189,767
2,500)

-
-
-
44,638
42,138
42,138
42,138
Period Ended
31.12.2021
100,915
2
389,934
3,155
13,403
507,409
1,041
460,390
1,340
462,771
44,638
-
-
-
-
44,638
44,638
44,638

8

St John The Baptist Church Analysis of income and expenditure for the year ended 31st December 2022

Income
Donations and legacies
Cash donations
Donations and legacies
Gift Aid received on donations
Giving station
Regular giving
Special collections
Stewardship/CAF donations
Sundry receipts
Website special events
Website giving
Investment income
Bank interest
Charitable activities
Clergy fees received
Fundraising events
Kids ministry income
SDF Income grant
Other trading activies
Car parking fees
Premises hire
Other
Furniture sale
Insurance pay out
Total Income

Restricted
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
99,873
99,873
-
-
-
-
-
-
99,873
Unrestricted
6,086
1,611
17,117
2,865
36,372
1,864
1,648
355
2,475
861
71,254
14
14
1,284
733
1,442
-
3,459
4,966
643
5,609
-
7,058
7,058
87,394
Year Ended
31.12.2022
6,086
1,611
17,117
2,865
36,372
1,864
1,648
355
2,475
861
71,254
14
14
1,284
733
1,442
99,873
103,332
4,966
643
5,609
-
7,058
7,058
187,267
Period Ended Period Ended
31.12.2021
2,043
20,446
8,958
642
63,566
1,095
3,871
50
-
244
100,915
2
2
497
-
-
389,437
389,934
1,236
1,919
3,155
4,820
8,583
13,403
507,409

9

St John The Baptist Church Analysis of income and expenditure for the year ended 31st December 2022

Expenditures
Raising funds
Advertising
Charitable activities expenses
AV/IT equipment
Building and refurbishment project
Christmas
Cleaning and waste expenses
General ministry
Hospitality
Insurances
Insured burglary items
Kids ministry
General administrative expenses
Organ maintenance
Parish fees paid to Diocese
Parish share
Pastoral team
Recurring office expenses
Repairs and maintenance
SDF Clergy expenses
SDF Salaries and pensions
St Johns external giving/ mission
Sundry expenses
Staff costs
Training
Utilities
Other expenditure
Accountancy
Contactless fees/ website fees
Copyright
Guest speaker fees and expenses
Organ playing fees
Other professional services
Total Expenditures
Net Income/(Expenditure)
Restricted
-
-
-
13,482
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2,306
81,089
-
-
-
-
-
96,877
-
-
-
-
-
96,877
2,996
(
Unrestricted
1,234
1,234
1,762
-
1,224
3,970
1,427
1,270
4,942
7,059
2,951
2,373
555
659
31,992
1,990
2,831
14,585
-
-
1,021
500
-
-
5,704
86,815
700
154
636
2,001
645
705
4,841
92,890
5,496)

(
Year Ended
31.12.2022
1,234
1,234
1,762
13,482
1,224
3,970
1,427
1,270
4,942
7,059
2,951
2,373
555
659
31,992
1,990
2,831
14,585
2,306
81,089
1,021
500
-
-
5,704
183,692
700
154
636
2,001
645
705
4,841
189,767
2,500)
Period Ended Period Ended
31.12.2021
1,041
1,041
95,890
153,750
18
687
-
2,230
5,151
6,571
3,351
1,876
810
-
7,998
-
2,032
33,467
4,854
130,271
1,431
-
5,966
192
3,845
460,390
950
-
135
-
-
255
1,340
462,771
44,638

10

St John The Baptist Church Balance Sheet As of December 31, 2022

Fixed Asset
Cash at bank and in hand
Checking (5280)
Savings (5168)
Petty cash
St Michaels account
Debtors
Debtors
Prepayments
Creditors
Accruals
Total net assets (liabilities)
Charity funds
Surplus/(Deficit)
Total Charity funds
Restricted
-
-
-
-
-
-
-
-
-
-
-
-
-
Unrestricted
11,375
30,015
165
-
41,555
9,315
80
9,395
8,812
8,812
42,138
42,138
42,138
Year Ended
31.12.2022
11,375
30,015
165
-
41,555
9,315
80
9,395
8,812
8,812
42,138
42,138
42,138
Period Ended
31.12.2021
15,294
30,002
-
42
45,338
250
-
250
950
950
44,638
44,638
44,638

11

St John The Baptist Church for the year ended 31st December 2022

Notes to the Financial Statements

1) Accounting Policies

a) Basis of preparation

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘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 the Republic of Ireland (FRS 102) (effective 1 January 2015)’,Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Financial reporting standard 102 – reduced disclosure exemptions

The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 ‘The Financial Standard applicable in the UK and Republic of Ireland’:

Taxation

The charity is exempt from tax in its charitable activities.

b) Funds

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available by approval for the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.

The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of Church members.

c) Incoming Resources

Voluntary income and capital sources

Collections are recognised when received by or on behalf of the PCC.

Planned giving receivable under covenants is recognised only when received.

Income tax recoverable on covenants or gift aid donations is recognised when the income is received.

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 reasonably certain.

d) Resources Used

Costs of generating funds

These include the costs of any fund-raising activities.

Grants

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.

Activities directly relating to the work of the Church

The diocesan parish share is accounted for when paid.

Governance costs

These represent the cost involved in running and staffing the church office. The independent examiner has kindly waived his entitlement to any fees.

12

St John The Baptist Church for the year ended 31st December 2022

e) Fixed Assets

Consecrated land and buildings and moveable church furnishings

Consecrated and benefice property is excluded from the accounts by s.96(2)(a) of the Charities Act 2011.

No value is placed on moveable church furnishings held by the churchwardens on special trust for the PCC, which require a Faculty approval for disposal and which the PCC considers to be inalienable property, since insufficient cost information is available to value such assets in the accounts.

All expenditure incurred during the year on consecrated or beneficed buildings, individual items under £1,000 or on the repair of moveable church furnishings acquired is written off.

f)

Current assets

Amounts owing at 31 December in respect of fees, rents or other income due are shown as debtors less provision for amounts that may prove uncollectible.

Short-term deposits include cash held on deposit at the bank.

2) Trustee Expenses

No trustee received any remuneration for services provided to the charity in the year other than those disclosed in the Related Party note.

3) Staff Costs
Wages and salaries including Social Security costs
Staff pension
Year Ended
31.12.2022
£
78,022
3,067
Period Ended
31.12.2021
£
125,552
4,719

St Johns The Baptist Church employed 5 staff members during the year. No employee received any benefits other than that of a pension.

5) Debtors

Debtors
Prepayments
Liabilities: Amounts falling due with one year
Accrual
Analysis of Net Assets by Fund
Current Assets
Current Liabilities
Restricted
-
-
-
Restricted
-
-
Restricted
-
-
-
Unrestricted
9,315
80
9,395
Unrestricted
8,812
8,812
Unrestricted
50,950
8,812
42,138
Year Ended
31.12.2022
£
9,315
80
9,395
Year Ended
31.12.2022
£
8,812
8,812
Year Ended
31.12.2022
£
50,950
8,812
42,138
Period Ended
31.12.2021
£
250
-
250
Period Ended
31.12.2021
£
950
950
Period Ended
31.12.2021
£
45,588
950
44,638

6) Liabilities: Amounts falling due with one year

7) Analysis of Net Assets by Fund

8) Related Party Disclosure

During the year the charity paid a salary of £10,000 to Mrs L Saville with pension contributions totalling £59 for her acting role as Community Pastor since September 2022. Mrs L Saville is a Trustee.

13

Independent Examiner's Unqualified Report

St John The Baptist Church

Independent Examiner’s Report to the Trustees

I report on the financial statements of the Trust for the period ended 31 December 2022 set out on pages 1 to 13.

This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of financial statements. The charity’s trustees consider that an audit is not required for this year under Section 144(2) of the Charities Act 2011 (‘the 2011 Act’) and that an independent examination is needed.

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

have not been made or

J P Francis FCA 1386 London Road Leigh on Sea Essex, SS9 2UJ

Date: 31st March 2023

14