INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS
Independent examiner's report to the trustees of
St George's Church SwallowbeckI report on the accounts of the Trust for the year ended 31 December 2015, whichare set out on pages 01 to 11.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. Thecharity's trustees consider that an audit is not required for this year under section144(2) of the Charities Act 201 1 (the 2011 Act) and that an independent examinationis needed.
It is my responsibility to:
examine the accounts under section 145 of the 2011 Act
to follow the procedures laid down in the general Directions given by thecommission under section 145(5)(b) of the 2011 Act
to state whether particular matters have come to my attention
Basis of independent examiner's report
My examination was carried out in accordance with the general Directionsgiven by the Charity Commission. An examination includes a review of theaccounting records kept by the charity and a comparison of the accountspresented with those records. It also includes consideration of any unusualitems or disclosures in the accounts, and seeking explanations from you astrustees concerning any such matters. The procedures undertaken do notprovide all the evidence that would be required in an audit and consequentlyno opinion is given as to whether the accounts present a 'true and fair view'
and the report is limited to those matters set out in the next statement.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respectthe requirements:
to keep accounting records in accordance with section 130of the 2011 Actand
to prepare accounts which accord with the accounting records and complywith the accounting requirements of the 2011 Act
have not been met or
(2) to which, in my opinion, attention should be drawn in order to enable aproper understanding of the accounts to be reached
Date: &+P2..l d. ..
Name: Peter Herbert30 Laburnum CloseNorth HykehamLincoln
The Parochial Church Council of St George's Swallowbeck Annual Report for the Year
Ended 31 December 2015
Reference and Administrative Information
St George's Church is situated in the parish of Swallowbeck in the south western part of the
city of Lincoln. This Anglican parish is part of the Diocese of Lincoln within the Church of
England. The church correspondence address is: St George's Church, Eastbrook Road,
Lincoln, LN6 7EP.
The Parochial Church Council (PCC) is a charitable trust (Chadty Commission Registration
no. 1144018).
The address of the PCC Charity Secretary is: 27 Westcroft Drive, Saxilby, Lincoln. LN1 2PT
PCC members who have served at any time from 1 January 2015 until the date this report
was approved were:
Vicar: The Rev. Canon lan Silk (Chairman)
Curate: Rev. James Gandon
Curate: Rev, Sarah Bird (from 5 June 2015)
Wardens: Mr John Bayer (Vice chairman)
Mrs Linda Hymas*
Representatives on
the Deanery Synod:
Mrs Tracey Steele
Mrs Kate Ruddock
Mr Malcolm Gray
Mrs Gina Richardson
Electedlco-opted Mr Clive Carlton (Church Treasurer)
Members:
Mrs Kathryn Crosby
Mr Kelvyn Hymas****
Mrs Karin Silk***
Mrs Debby Jones ****
Mrs Janet Story ****
Mr Charles Newby **
Miss Samantha Meredith
Mr Geoff Pitts
Miss Becky Wheeler
Miss Margaret Inkpen
Mavis Smales (from 11~ May 2015)
Bob Keen (ended 27' April 2015)
Chris Brooking (Co-opted Treasurer). (from 22"' February 2015)
* also Hall Treasurer. **also PCC Charity Secretary and Assistant Churchwarden.
***PCC Minutes Secretary. ****also Assistant Churchwarden
Structure and Governance
The PCC is a corporate body established by the Church of England. It operates under the
Parochial Church Council Powers Measure. The method of appointment of PCC members
(Trustees) is set out in the Church Representation Rules. Church attendees are encouraged
to be entered on the Electoral Roll and to stand for election to the PCC. The registered
charity is an umbrella organisation which also oversees the running of the Swallows Nest
Pre-School and Stepping Stones charity shop and cafe, both of which operate in St George' s
Church Community Hall. The independently examined end-of-year financial statements for
the Church, its related Crossing Point Annexe project, the Hall, the Pre-School and Stepping
Stones are published in the overall financial accounting process.
Management
The PCC met seven times during the year with an average level of attendance of 78%.
Minutes and notes of several supporting committees were received by the PCC and
discussed as necessary. For most of the year day-to-day management of church and hall
matters (including maintenance of both buildings) was delegated primarily to the incumbent,
assisted by two Curates, two Churchwardens, four Assistant Churchwardens, a part time
Church Secretary, a part time administrator, a Site Management Team, a part-time Site
Handyman, a Finance Committee, a Hall Management Committee, and subcommittees set
up to plan the cafe-based Crossing Point church annexe. The Trustees have remained
responsible overall for major policy and spending decisions, as well as for the continuing
spiritual and pastoral development of the church, its mission initiatives and relations with the
local community.
Aim and Purposes
The primary aim of the PCC is to promote the Gospel of our Lord Jesus Christ according to
the doctrines and practices of the Church of England. The PCC is responsible for co-
operating with the incumbent, the Reverend Canon lan Silk, in promoting in the parish the
whole mission of the Church: pastoral, evangelistic, social and ecumenical. The PCC is
specifically responsible for the maintenance of St George's Church Community Hall, situated
within the church site.
Objectives and Activities
The PCC is committed to enabling as many people as possible to worship at our church and
to become part of our parish community at St George' s. The PCC maintains an overview of
worship throughout the parish and makes suggestions on how our services can involve
people of all ages and different backgrounds. Our services and worship put faith into practice
through scripture and prayer (including an open church and prayer room during daylight
hours), sacrament and music, and other creative arts such as dance, drama and use of
visual media.
The range of our activities for the year has reflected the Charity Commission's advice on
public benefit and, in particular, its supplementary guidance on charities seeking the
advancement of religion. We try to enable ordinary people to live out their Christian faith as
part of our parish community by:
~ Worship and prayer; learning about the Gospel; and developing their knowledge of
and trust in Jesus;
~ Provision of pastoral care for the wellbeing of people living in the parish
~ Mission and outreach work.
To facilitate this work it is important that we also manage and maintain the fabric of the
church and hall buildings themselves, and that we continue to pursue the further
development potential of our premises and so bring more people through our doors: the
planning of the Crossing Point church annexe as a listening/befriending venture has raised
further challenges in this regard.
The main aims for the year included:
~ Boosting local community awareness of the proposed Crossing Point annexe as a
meeting/listening/befriending place and cafe through deeper outreach initiatives, coupled
with greater church hospitality.
~ Continuing to raise funds for the Crossing Point through prayer, fundraising, donations,
grants and loans
~ Developing and building a new ordained team with the arrival of our second stipendiary
curate.
~ Undertaking a communication review and further developing/sharing a St George' s'Vision' of where we want to go.
This report will hope to bring to life the words of lan Silk our Vicar when he says:
'It has been an extraordinary year of deepening discipleship, growth in numbers, team
building and reaching out, We are serving the parish in new ways as well as renewing and
strengthening our core activities'. 'Our Life Together': Reports for the Annual General
Meeting 2016
Over the year there has been much celebration and joy and times where we have supported
each other through grief, loss and uncertainty. At this time of reflection we can clearly see
the work of God across the whole year; it is truly amazing what God has achieved through
the gifts, prayers, character and faith of the St George's church community
2015 saw the development of a new and exciting ordained team at St George's with Sarah
joining James as our second Stipendiary Curate. James and Sarah have contributed
enormous energy, faith, prayerfulness and practical know how. In July we were able to
celebrate at Lincoln Cathedral as James was ordained a priest and Sarah a deacon. In true
St George's fashion teams from St George's were on hand to provide support through a
wonderful creche at the Cathedral and a fantastic lunch back at the Community Hall.
There were further celebrations in September with the wedding of James and Zara with a
coachload of well-wishers from St George's journeying down to Birmingham.
The PCC at St George's started the year being encouraged to think more about the church's
'vision'. Looking at where we are now and where wanted to go. This piece of work was
supported by an external church communication review in April 2015. This identified some
many positive aspects but identified a need to better communicate an '. .overall church goal
and purpose.' The impact of this work is ongoing and will feed into the development of the
'Crossing Point' and improved marketing. One outcome of the review is that James has been
asked to lead a small team of young adults and youth in developing the look and feel of our
St George's website. Watch this 'virtual' space soon!
Please find below an overview of what we are about at St George' s.
Services
Throughout the year a wide range of services of different styles continued to offer a choice of
worship and means of participation, for example the mainly traditional hymns for early risers
at 9.00am on Sunday, the more contemporary and upbeat 10.45am Sunday service popular
with families (with children's and youth teaching activities also provided); both outgoing and
more reflective/contemplative 6.30pm Sunday services ('Sustain', 'Spacious Place' and
'Expect' ). This year the running and creativity of the monthly 'All Together for Worship'
10.45am service has been supported by a small team of helpers.
St George's continues to develop new and responsive ways of worship; two major success
have been 'Prospects' and 'T Time Church'
Our Prospects congregation has just celebrated its first birthday! God's work through
Prospects is helping to create a community open to all but especially to those with learning
difficulties or physical disabilities. This monthly interactive service is going from strength to
strength with around 30 people attending and where God's word is shared through drama,
storytelling, songs and powerful times of prayer and sharing together. St George's also
works closely with a sister congregation in Fiskerton.
T- Time Church- This wonderful interactive family service restarted in July 2015; its success
is built upon a wonderful party atmosphere whilst having family time with Jesus. This
monthly service combines crafts, worship, puzzles, prayers, good food and God's word.
Tracey and Kate and a wide team of helpers have link families into St George's through
other activities including 'Ready Steady Stick' and Bright 'Light Nights' which offer a spiritual
and fun filled alternative to Halloween.
Dedicated periods of prayer opportunity continued to be offered, e.g. the well-established
24/7 Prayer Week, five All Night Prayer sessions, and the weekly Monday evening 'Solitude'
candlelit hour of silent prayer and listening. Home visits to administer Communion were
maintained for those too infirm or unwell to attend church. Youth teaching has taken place
on Sunday evenings.
Pastoral
St George's delivers a wide range of outreach projects which respond to differing needs
across the padish including services and support for women, men, schools and our retired
age community. Regular breakfast meetings in local pubs offer an opportunity to welcome
new people to engage with the church.
The Stepping Stones shop and cafe plays a huge pastoral role for the local community. Last
year it celebrated its 20 year anniversary. Over the course of the year the shop raised over
f1000 for the relief of the earthquake in Nepal and over f3500 for each children's homes in
Brazil and Uganda. The shop achieves this by being there for the local community; offering a
listening ear and in the provision of good quality second hand goods and refreshments.
The church supports a 'Retail Chaplain' who works with staff across the covers the Co-op
group, ASDA and Debenhams; the service covers a wide area across Lincolnshire.
St Georges continue to work in partnership with churches across Lincoln; sharing prayer and
supporting organisations who work with the poor and homeless
Over the year many Christians and non-Christians have been blessed by a prayer chain-
outreach which has praying into people's difficult situations.
~Ea
This year our Curate Sarah led a 6 week 'Natural Evangelism' course which focussed on
door to door evangelism. A small team now regularly head out to talk to people on local
estates
St George's is always looking to engage people in new ways; this year we worked with other
churches and gave out Valentine's Day packs through door to door visits. In October a very
successful 'Dog Walkers' service was held in the church after a community dog walk!
Dudng Easter the church delivered Holy Week mission across local estates and a Good
Friday Witness.
The church has a 'Journey into Wholeness' team who attend local Mind, Body and Spirit
Events to share the message of Jesus.
The church helps to develop leaders for the church and wider community; a well-respected
Growing Leaders Course was run across the year.
Events/Activities
An amazingly diverse range of successful events and activities were run across the year
including:
~ A Spring Fayre raising 2600 for the 'Crossing Point'
~ A Formal dinner raising R1,400 for the 'Crossing Point'
~ A production of Godspell raising 8960 for the 'Crossing Point'
~ Proms night raising 2455 for St George's Church in Baghdad.
~ Weekly coffee/ and lunch gatherings including 8 Pop Up Cafe, all held in church
raising 6624 for the 'Crossing Point'
The fullest possible participation in the life of the church and its associated outreach
opportunities continued to be encouraged through many different regular activities and
programmes. These are often open to people outside the regular church congregation, and
by year's end included 14 home and church based cell groups containing 128 participants
who come together in weekly or fortnightly fellowship; Men's Breakfasts and Women' s
Breakfasts and Evenings with different speakers; weekly Friday Morning Coffee in church;
monthly off-site Men's Coffee Morning; the weekly term-time Kids Club for 6 —11 year olds;
Friday Night Football for teenagers; Stepping Stones Charity Shop and Cafe hosting dozens
of visitors each Wednesday morning in term time; Swallows Nest Pre-School and the annual
Holiday Club in August for around 60.
The annual 'Bright Light Night' party in church on the night of Halloween again provided a
wholesome party alternative for children under 11.Both the church and the hall hosted other activities and courses designed to foster
the spiritual and giffing development of participants, e.g. the 10-session Alpha and post
Alpha discipleship course called 'First Steps' In December the birth of Christ was
proclaimed and celebrated around the padish by carol singing, including different community
venues.
Communi Usa eThe Community Hall itself also continued to host numerous regular and occasional meetings
and activities such as the PCC itself; children's and youth meetings and functions; keep fit,
dance and art groups; and public meetings. All regular hall user groups were invited to what
has now become the annual and well-attended early December Community Carol Service in
the church, where many of the groups gave presentations related to their activities.
The prayer room in the church has been used by local schools.
'Nllssion and Outreach across the world'
In terms of making grants or donations, the church continued to tithe 10% of gross income
from plate giving, regular planned giving and appropriate socials as donations to a range of
overseas, national and local mission projects. The church supported 17 different
organisations/missions/charities across the year. Towards the end of 2015 a 'Mission
Support Review Group' was set up to look at the distribution of the 2015 tithe distribution.
The group submitted a tithe allocation proposal to the PCC; this was discussed and
approved and shared with the congregation in the January church magazine. The group will
also lead on work to regularly assess/review the different organisations the church supports
and to be responsive to emergency disaster funds suggested by church members.
The main local mission support included Lincoln Nomad Trust (resources for the homeless
and needy), the Joy Foundation (resources for children) and Through Faith Missions
(evangelism/community support). The main overseas mission beneficiaries included the
Service of Hope (homeless children and marginalised families, Olinda, Brazil); St George' sChurch Baghdad (sister Anglican church, Iraq); YWAM (Youth With A Mission, Brazil); and
the Maasai Evangelistic Association (teaching and community resources for the Maasai
people in Kenya).
In addition, special fund raising activities continued to be targeted for specific causes, while
collecting also continued for the Food Bank (emergency food supplies, Bridge Church being
the relevant distdibution centre) and toiletries bound for BeAttitude (relief for the homeless at
St Mary le Wigford).
'The Crossin Point' Annex Pro ect
As highlighted within 'Our Life Together': Reports for the Annual General Meeting 2016'
'The 'Crossing Point is the name we believe God has given us for a whole way of doing
mission through welcoming, listening and befriending. ..here at St Georges'.
The Crossing Point represents a 'space' which will enable us to better serve the needs and
aspirations of the local community and church.
Over the year the steering group has continued to lead the work of the project; the biggest
challenge has been securing sufficient funding. The church has continued to fundraise itself
with over f4,000 being raised this year through a wide range of events and sales. The
church community has worked tirelessly to bring the Crossing Point nearer to fruition. A huge
effort went into the Veolia grant application and presentation in July and whilst we were not
successful a lot of valuable work and learning came out of the process. Following PCC
approval the church have now employed Aureus Social Ventures to focus our existing grant
applications and to identify further funding sources. The PCC have also agreed to seek a
loan from the diocese.
The budget for the project is F390,000 and a sum of 8110,000 has already been raised
exclusively through individual gifts provided by parishioners towards this total.
We believe it is God's will to bring the 'Crossing Point' to fruition.
Achievements and Performance
At year's end there were 208 parishioners on the Church Electoral Roll. The average
attendance at services in the representative month of October has been:
2013
INain Services on Sundays
2014 2015
9.00am
10.45am
5.30m
T Time
32
95
17
20
36
90
21
37
95
16
Main Services during the week
Morning Prayer 5
Holy Communion 13
Sanctum
(monthly
13
(N. B. These are snapshot figures as opposed to entire year averages)
During the year the church also held 3 weddings, 6 funerals, 4 Baptisms, 5 Thanksgiving for
the Gift of a Child services. The annual Service Remembering Loved Ones Departed was
held on 15 November.
Swallows Nest Pre-school
The pre-school has had a good year with the numbers of children attending so that it is now
at full capacity. The two managers and committee are working very effectively together.
Administration I H&S
The church is very mindful of its safeguarding and health and safety responsibilities.
The church leadership team undertook Safeguarding training during the year.
Following recent terrorist attacks the church has reviewed site security and undertaken, risk
assessments.
Following the outcomes of the comprehensive fire disk assessment (2014) onsite fire safety
training was provided for the PCC (July 2015). The Community Hall suffered minor fire
damage when a car caught fire next to the hall (Sept 2015)
Work to improve accessibility has included a new ramp within the church, large text material
and signage.
At the last AGM the church increased the Assistant Wardens from 2 -4 to help spread the
administrative load.
St George's could not sustain its great variety of services, activities and programmes without
the tremendous help of numerous unpaid volunteers from the congregation and their friends.
This help has ranged from the people who lead, front up and welcome at the various
functions and groups to the less prominent hands that provide and serve drinks and food;
wash up and clean; set out and clear away tables, chairs and sometimes the very heavy
pews; and help keep the site as orderly, safe and attractive as possible.
Thanks
Thanks are due to all the people above for their hard work in keeping St George's the lively
community it is, and particularly those people who pop up at different times in different roles.
Everyone is encouraged to be actively involved in the church's life in some way. Thanks are
also due to our Readers at main church services; to all our Authorised Lay Ministers for their
varied parish work; to all members of the committees working hard to progress The Crossing
Point and to keep our finances healthy, to our curates James and Sarah and last but not
least to our Vicar, lan, supported by his wife Karin, for leadership of St George' s.
Financial Review
Total receipts from unrestricted giving (purpose unspecified by donors) were f116,797 of
which 896,014 was from Gift Aid and tax refunds, L'2.860 was from Payroll Giving, and
F19,172 arose from unrestricted voluntary donations.
Planned giving through envelopes, banker's orders etc. increased by 11.65'/o over the
previous year.
Restricted giving amounted to E 56,328 of which f 35,512 was grants to Swallowsnest Pre
School. F 257 was destined for church, and originated from Gift Aid, tax refunds and specific
donations; the remainder was for good causes supported by the church.
f 128,252 was spent from unrestricted funds to provide for the Christian ministry of St
George's Church, including a contribution of f46,260 to the diocesan parish share, which
increased by 1.50/o over the previous year.
Gifts of F12,635 from unrestricted funds (being the 10'/o mission tithe) was given to external
organisations and individuals as determined by the Trustees, taking account of established
mission links, their objectives and needs. There are no upper or lower limits of support.
All major insurable risks have remained subject to normal Churches' and Employers'
insurance.
Reserves Policy
It is PCC policy to maintain a balance on free reserves (net current assets) which equates to
at least 3 months' unrestricted payments. This is equivalent to f 32,000. It is held to smooth
out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at
10
the end of the year was 8 22,000 which fails to meet the target but is an improvement on the
previous year.
Adopted by the Parochial Church Council of St George's Swallowbeck
on
and signed on its behalf by (PCC Chairman)
1&.o5 .16
cec~ O r)iS.m. i6
&pic. 1'reas~rer)
11
PAROCHIAL CHURCH COUNCIL OF ST GEORGE' S, SWALLOWBECK
STATEMENT OF FINANCIAL ACTIVITIES
For the Year Ending 31 December 2015
Unrestricted
Funds
Note f
Restricted
Funds
6
TOTAL
20156
TOTAL
20146
INCOMING RESOURCESVoluntary IncomeActivities for Generating Funds
Income from Investments
Church Activities
2e202c2 ll
116,797 306,978.61
46.2112, 179.72
56,328.2516,153.96
34 956,491 15
173,125.5523, 132.57
81.1618,670.87
148,462.10
25,213.9854.94
18,365 77
TOTAL INCOMING RESOURCES 136,001.84 79,008.31 215,010.15 192,096.79
RESOURCES EXPENDEDChurch Activities
Cost of Generabng Income
Governance Costs
3 a 113,166.39 55,513.71 158,680.103 b 15,085.98 7,833.87 22, 919.853c
171,609.0417,995 02
TOTAL RESOURCES EXPENDED 128,252.37 63,347.58 191,599.95 I 89,604.06
NET INCOMING RESOURCESBEFORE TRANSFERS 7,749.47 15,660.73 23,410.20 2,492 73
TRANSFERS 3,523.71 3,523 71
NET INCOMING RESOURCES BEFOREOTHER RECOGNISED GAINS AND LOSSES 11,273.18 12,137.02 23,410.20 2,492.73
OTHER RECOGNISED GAINS
Gain on Investment Assets 7a 5.45 5.45 20.26
NET MOVEMENT IN FUNDS
Balances b/fwd 1 January 2015
11,278.63
10,953 36
12,137.02
58,807.09
23,415.65
69,760.45
2,512.99
67,247.46
Balances cn'wd 31 December 2015 22,231.99 70,944.11 93,176.10 69,76045
The notes on pages 3 to11 form part of these accounts
PAROCHIAL CHURCH COUNCIL OF ST GEORGE' S, SWALLOWBECK
BALANCE SHEET AS AT 31 DECEMBER 2015
FIXED ASSETS
Unrestricted Reshicted
Funds Funds
Note 5
Total
20155
Total
2014f
Tangible
CURRENT ASSETS
8 1,380.22
1,380.22
1,380.22
1,380.22
2,932.22
2,932.22
Investments
Debtors and Prapayments
Short Term DepositsCash at Bank and in hand
LIABILITIES
7 a 408.04 406.04 400.597 b 15,033.18 1,523.20 16,556.38 14,368.737 c 6,157.37 3,098.75 9,254.12 t 1,673A87 d 12,247.88 75,324.16 87,572.04 63,353.65
33,844.47 79,944.11 113,788.58 89,796.45
Creditors - amounts falling due within one year 10 12,992.70 5,000.00 17,992.70 18,968.22
NET CURRENT ASSETS/LIABILTIES 20,851.77 74,944.11 95,795.88 70,828.23
TOTAL ASSETS LESS CURRENT LIABILTIES 22,231.99 74,944.11 97,176.10 73,760.45
Creditors - amounts falling due after one year
TOTAL NET ASSETS
4,000.00 4,000.00 4,000.00
22,231.99 70,944.11 93,176.10 69,760.45
Approved by the Parochial Church Council on 20 July 2016 and signed on it's behalf by:
Mrs Del Gunter (Church Warden), and Mrs Debbie Jones (Church Warden).
The notes on pages 3 to 11 form part of these accounts
NOTES
Accounting Policies
Basis of Financial StatementsThe linancial statements have been prepared under the Church Accounting Regulations 2006 in accordancewith applicable accounting standards and the current Statement of Recommended Pracbce, Accountingand reporting by Charities (SORP2005).The finanmal statements have been prepared under the histoncal cost convention except for the investmentassets, which are shown at market value. The financial statements indude afi transackons, assets andliabilities, for which the PCC is responsible in law. They do not include the accounts of church groups thatowe their affiliation to another body, nor those that are informal gatherings of church members.
Fund Accounting
Endowment Funds are funds, the capital of which must be retained either permanently or at the PCC'sdiscretion; the Income derived fiom the endowment is to be used either as restricted or unrestricted incomefunds depending on the purpose for which the endowment was established in the first place.
Restricted Funds comprise (a) income from endowments which is to be expended only on the restnctedpurpose intended by the donar, and (b) revenue, donations or grants for a speciiic PCC activity or as intended bythe donor.
lJnmsfricfed Funds are income funds which are to be spent on the PCC's general purposes
Designated Funds are general funds set aside by the pCC for use in the future. project funds ara designatedfor particular projects for administration purposes only. Funds designated as invested in fixed assets for thePCC 's own use are abated in line with those assets' annual depreciation charges in the SOFA.Designated funds remain unrestricted and the PCC viifi move any surplus to other general funds.
Incoming Resources
Planned giving, collections and similar donations are recognised when received. Tax refunds are recognisedwhen the incoming resources to which they relate is received. Grants and legacies are accounted for whenthe PCC is entitled to the use of the resources, their ultimate receipt is considered reasonably certain andthe amounts due are readily quantifiable Dividends are accounted for when declared receivable, interest asand when accrued by the payer Ag resources ara accounted for gross.
Resources Expended
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding orconstructive obligation on the PCC. The diocese parish share expected to be paid over is accounted forwhen due. Afi other expenditure is generally recognised when it is incurred and is accounted for gross.
Fixed Assets
Consecrated and benifice property is not induded in the accounts in accordance with s.10(2)(a) and (c) ofthe Charities Act 2011
Moveable church furnishings held by the vicar and the churchwardens on special trust for the PCC and which
require a faculty for disposal are inalienable property, fisted in the church's inventory, which can be inspected(at a reasonable lime). For anything acquired prior to 2000 there is insufficient cost information available andtherefore such assets sre not valued in the linancial statements. Subsequently only one individual item costingmore than 61,000 has been purchased and the value of this item will be written off over 4 years
Equipment used within the church premises is depreciated on a straight line basis over four years. Individual
items of equipment with a purchase price of 6 500 or less are written off when the asset is acquired.
Investments are valued at market value as at 31 December
2. INCOMING RESOURCES
Note Unrestricted Restricted
Funds Funds
8
TOTAL
20156
TOTAL
20142
a Voluntary Giving:
Planned Giving - GiR Aid
Planned Giving - NGA
Planned Giving - Payroll
Collections at services
Donations
Grants - Swaliowsnest
Small Donation Tax
GiR aid recovered
75,811.387,494.792,860.80
10,427.48
1,250.0018,952.85
10,490.02
1,119.335,802.19
35,511.70
3,405.01
86,301.407,494.792,860.80
11,546.81
5,802.1935,511.70
1,250.0022,357.86
71,819.317,370.353,091.20
11,133.662,350.71
33,492.041,250.00
1.7,954.83116,797.30 56,328.25 173,125.55 148,462.10
b Actwibes for generating funds:
Church Community Hall
Crossing Point Proiect (Annexe)
Stepping Stones Shop
6,978 615,391.20
10,762.76
6,978.61
5,391.2010,762.78
6,779.259,661.758,772.97
6,978.61 16,153.96 23,132.57 25,213.98
c Investment Income
Dividends on CBF Investment Funds
CBF Deposit Fund interest
Swallowsnest PreSchool
15.5230.69
46.2134.9534.95
15.5230.6934.9581.16
15.2230.549.18
d Church Activities:
Fees for weddings and funerals
Freedom In Christ BooksChurch run clubs
Donations
Designated Funds Write Back
Miscellaneous
Speaal Events
Swallowsnest FeesSwallowsnest other income
Talents
Tithe
1,860.50392.10793.23
1,086.055,492.20
197.761,953.49
404.39
366.005,375.88
649.27100.00
1,860.50392.10793.23
1,086.055,492.20
197.78
2,319.495,375.88
649.27504.39
1,713.7067.00
1,420.503,926.66
875.00515.83
2, 185.436,051.36
730.16333.39546.74
12,179.72 6,491.15 18,670 87 18,365.77
Total Incoming Resources 136,001.84 79,008.31 215,010.15 192,096.79
3. RESOURCES EXPENDED
4 Church ActivitiesMission Giving and Donabons
OverseasHome
LocalCrossing Point Protect (Annexe)
Diocesan Parish contribubon
Clergy and slafling costsChurch building running expensesChurch repairs and maintenance
Unrestricted
Note Funds
4a4b4c
7,495.755, 140.006,566.44
46,260.005 33,035.27
6,481 978, 186.96
RestnctedFunds
f
13,130.953.235.18
366.001,273.14
37,508.44
TOTAL
20156
20.626.708,375.18
6,932.441,273.14
46,260.0070,543.716,481.978.186.96
TOTAL
20142
18,957.94
5,747.57
6,697.731,764.83
45,576.0079,469.706,167.907 217.37
113,166.39 55,513.71 168 680.10 171 609.04
b Cost of generating incomeAdministrsgon
Cost of servicesOther running costsDepreaabonDesignated Funds
613
7,302.01
2,688.52
3,543.451,552.00
11039
2,723.48
5,000.00
7,412.402,688.526,266.931,552.005,000.00
8,221.12
2,058.966, 162 941,552.00
15,085.98 7,833.87 22, 919 85 17 995.02
c Goverance costsIndependentexamineCs remuneration
4 Mission Giving and Oonations
a OversaasrService cf Hope
St George's Baghdad
YWAM - RosieOlorioto Nursery School
MEA - Rescue Centre
Linda & MosesKenyan Visit
Nepal
Christian Partners in AMca
Unrestricted
Note Funds
5
2,500.001,541.75
1,64O.DO
802.50860.00151.5D
1,031.25106.63
1,719.50731.79
3,500 00230.15
720.00
240.00
280.50 1,071.133,500.00
Restricted
Funds
8 5Appeals Stepping Stones
TOTAL
2015
7,031.251,878.53
720.DD
3,359.501,534.291,100.00
151.501,351.633,500.00
20145
5,700.00926.36
1,040.002,950.002,913.52
1,440.00698.06
3,300.007,495.75 3,869.67 9,261.28 2D,626.70 18,967.94
b Home:Confident Children out of Conflict
Mision Aviation Fellowship
Through Faith Mission
Cherie House
Journey into Wholesomeness
Joy Foundation
TEAR Fund
Christians in SportWorld Mandate Ministries
J Ireland
R Silk
Trainee Youth Worker
Present
Alzheiners
Salvation Army
Miscellaneous
Visiting PreacherBank Charges
St Bamabas
400.00400.00600.00600.00400.00600.00
100.00400.00
50.001,100.00
250.00240.00
375.00
31.251,124.33
471 05
907.30
278 25
50.00
400.00400.00600.00975.00400.00631.25
1,124.33100.00400.0050.00
1,100.00
471.05
50.00907.30250.00240.00276.25
100.00
400.00600.00500.00700.00300.00200.00
1,217.50250.00500.00112.50326.95110.12
430.505,140.00 3,185.18 50.00 8,375.18 5,747.57
c LocalPastoral CereLiterature
ResourcesAcbvities
Training Courses
Alpha
Senior Church
T Time Church
Young Church
Miscellaneous
Mlssron
Special Events
77.61675.56
1,935.661,082.87
140.9836.6193.23
142.8192.5689.99
2,198.566,566.44
366.00366.00
77.61675.56
1,935.661,082.87
178 805D3.27585.53
1,882.33497.14
140.9836.61
93.23142.81
92.5689.99
2,564.56
4.5D
20.65
2,448.68576.83
6,932.44 6,697.73
5 STAFF COSTSWages and SalanesN I Employers Contribution - Swagowsnest Staff
- Assistant Minister
unrestrictedFunds
5
Restricted
FundsL'
Total
2015f
Total
2014
69.34252.12321 46
Satanas —Swallowsnest Staff- Assistant Minister- Cleaners- Pastoral Workers- Secretarial Staff- Handyman- Sick Pay
14141414
14
2,421.8911,085.479,047.154,008.59
513.01
37,508.44 37,508.44
2,421 8911,085.479,047 154,008.59
513.01
37,868.3310.000 00
2,319.879,782.22
6,194.163,807.26
Total Staff CostsStaff Expensesincumbent
Vicar Expenses: Mileage & Entertainment
Subscnptions
Telephone
Literature
14
27,076.11
2.618AO49.99
87.802,756.19
37 508 44
2,618.4049 99
87 80
2,578.3549.99
706 72152.15
2,756 19 3,487.21
64,584 55 69 971.84
Assistant StaffMileage Allowances - Assistant Minister
- Curate- Families Visitor- Pastoral Workers- Handyman- Pastoral Care
141414
14
9.271,311.30
176 21381.90
80.20735.30
9.271,311.30
176.21381.90
80 20735.30
370.81
1,724 59
757 35110.79558.00
Hospitality
Literature
Telephone
Training 8 Development
Trainee Youth WorkerTotal Assistant Staff Costs
- Curate- Curate- Curate—Handyman- Secretary
2,694 1831.105.85
112.1940.0030.00
289.65
3,202.97
3,521.542,694.18
31.105.85
112.1940.0030 00
289.65
41 90
70.0020.00
1,160 75875.00
3,202.97 5.689.19
Total Staff Expenses 33,035.27 37.508.44 70,543 71 79,469.70
6 FIXED ASSETS
Tangible (All unrestricted)
Actual/cfeemed costPurchases
at 1 January 2013
Church Equipment
85.889.22
Depreciadon
Charge for Year
Net Book Value
at 31 December 2014at 1 January 2015Boiler
Vestry Heater
at 31 December 2015at 31 December 2015
1,406.00146.00
5,889.22
2,957 00
1,552.001,380.22
Net Book Value at 31 December 2014 2 932.22
7 CURRENTASSETS Unrestricted
Funds
f
R8stflctsdFunds
F
Total
2015f
Total
2014k
a InvestmenlsMarket value at 1 January 2015Purchases at costRevaluation gain
Market value at 31 December 2015
400.59
406.04
400.59 380.33
5.45 20.26406.04 400.59
b Debtom
Tax Recoverable
Other Debtors
Pre payments and accrued interest
Sa8b9
8,157.584,886.091,989.51
1,487.7535.45
9,645.334,921.54
1,989.51
5,938.467,360.21
1,070.0615,033.18 1,523.20 18,556.38 14,368.73
c Short Term DepositsChufch
Swsgowsrlsst
6,157.373,096.75
6,157.373,096.75
6.126.68
5,546.806, 157.37 3,096.75 9,254.12 11,673.48
d Cash in Bank and In Hand
Church
Hall
Swasowsnest
Crossing Point Project (Annexe)
2,824.659,423.23
559.69
2,696.23
72,068.24
3,3S4.349,423.232,696.23
72,068.24
231.867,477.001,352.95
54,755.5612,247.88 75,324.16 87,572.04 63,353.65
8 OTHER DEBTORS
a Tax RecoverableGilt Aid
GASDS
Flowers
Tear Fund
Ouiz Night
Crossing Point Praject (Annexe)
Diabetic SodetyProms Night
Retirement Present
St George's Baghdad
Oloraito Nursery SchoolMaasai Rescue Centre
Unrestricted
Funds
5,246.701,250.00
45.006.25
1,386.5526.25
9.33182.5025.00
Restricted
Funds
1,487.75
Total
2015
6,734.451,250.00
45.006.25
1,386.5526.25
9.33162.5025.00
Total
2014
4,293.751,250.00
39.30
31 25
16.7713.39
250.0044.00
8,157.58 1,487.75 9,645.33 5,938.46
b Other DebtorsEDF Electtricity
Bookstall
Bank ChargesParochial FeesChurch Giving
Rev I Silk
Swallowsnest
Crossing Point
Church Hall Groups
Url I'SStll cledFuntls
81.09200.00
4,000.00605.00
4,886.09
R8Stflcted
Funds
Total
201581.09
200.00
Total
2014102.41200.00
30.0052.80
330.7619.80
333.784,804.531,486.03
4,035,45Sod.oo
35.45
35.45 4,921.54 7,360.21
9 PrepsymentaEcdesiasdcat Insurance Premiums - 2016Mission Visit m 2016Web Site Photographs - 2016
Unrestncted
Funds
1,199.51400.00390.00
Restricted
Funds
5
Total
2015
1,199.51400.00390.00
Total
20146
1,070.06
1989.51 1,989.51 1,070.06
10 LIABILITIES Unresstcted Restricted Total Total
Funds Funds 2015 2014Amounts falling due within one year
Accruals for Utilities and other costsOther Creditors
Designated Funds See Note
11 11,858.9112 844.90
13a 288.89 5,000.00
11,858.91844 90
5,288.89
11,108.14894.90
6,965.1812,992.70 5,000.00 17,992.70 18,968.22
Amounts falling due after one year(Loans —CP) 4,000.00 4,000.00 4,000.00
11 ACCRUALS
Appeals
St George's Baghdad
Olorioto Nursery School
Maasai Rescue Centre
Retirement PresentTear Fund
Joy Foundation
Crossing Point Annexa
Mission Support
Service of Hope - lan Meldrum
Linda & MosesOlorioto Numsry School
Journey into Wholesomeness
Mission Aviation Fellowship
Chnstians in Sport
Cherie House
NOMADS
St George's Baghdad
Through Faith Mission
World Mandate Ministries
The Joy Foundation
Coniident Children out of Conflict
Others
FFRME -Proms Night Surplus
Other Creditors
Indigo Valley Coffee Company
LDT & BFElsbeth Gardiner-Crehan
Rev S Brown
Rev I Silk
Rev D Freeman
Digltech
A Grifliths
L Platt
L Hymas
K Hymas
StaplesM lnkpen
SwagowsnestContract National Gas Lld
J Story
Rev Gandon
Swallowsnest Pre SchoolCrossing Point
Unrestricted RestrictedFunds Funds
5
89 33
1,124.3331.2513.75
1,258.56
2,500.00
400.00400.00
1,755.88600.00400.00600.00400.00
7,055.88
366.00366.00
12.60
389.523 I .47
121.6790.00
341.20366.59441.07
1,384.25
Total
2015f
89.33
1,124.3331.2513.75
1,258.66
2,500.00
400.00400.00
1,755.88600.00400.00600.00400.00
7,055.88
366.00366.00
12.60
389.5231.47
121.6790.00
341.20368.59441.07
1,384.25
Total
20148
35.531,250.00
393.98163.89
296.361,351.80
2,200.00330.00200.00500.00
100.00600.00300.00842.48277.46
700.00
6,049.94
704.52704.52
98.00180.00
19.00
287.9125.0025.00
185.76134.50
40646480.55
551.43608.27
3,178.37 3,178.37 3,001.88
11,858.91 11,858.91 11,108.14
10
12 OTHER CREDITORS
Dance Group
Advance ReceiptsLarder Help Fund
Unrestricted
Funds
644 90
200.00844.90
ResutctedFunds
f
Total
2015f
644.90
Total
2014
6644.90
50.00200.00200.00
844.90 894.90
13 FUNDS
The movements in designated and restncted funds during the year were
Fund Raising Costs
a. Designated FundsRestricted Funds
Crossing Point
Unrestricted FundsIT 6 PA Equipment
Flooring
Font Removal
Trainee Youth Worker/Sound Proofing
Wnte Back
I Jan 15
5, 929.79125.00
910.39
6, 965.18
Receipts
5,000.00
163.89
163.89
Payments
447.98
900.005,492.206,840.18
31 Dec
5,000.00
5,481 81
125.00163.89
10.395,492.20
288 89
b. Restricted Funds
Church
Swafiowsnest Pre SchoolCrossing Point Project (Annexe)
Stepping Stones Shop
i Jan6
6.682.1051,694.28
230.71
Receipts87,703.45
41,571.8018,970.3010,762.76
Payments
f7,445.85
39,901 166,273.149 727 43
Transfers
5257.60
2,559.76
706.35
Balance
f.
5,792.9864,591 44
559.6958,807.09 79,008.31 63,347.58 - 3,523.71 70,944.11
14 PAYMENTS TO PCC MEMBERS
Payments totalling 5 21,375.14 were made tc 9 PCC Members dunng the year. ( 2014- 5 13,278.15)
15 TRANSFERS BETWEEEN FUNDS
The following transfers were made: Unrestricted Restricted
Church
Hall CostsGrant to Swafiowsnest
Hall Costs
Swafiowsnest
Stepping Stones
257.606,161.883,602.12
706.35
257.606, 161.883,602 12
706.35
3,523.71 3,523 71
11