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