REGISTERED CHARITY NUMBER; 1127332
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2020 for the PAROCHIAL CHURCH COUNCIL OF ST FRANCIS, BOURNVILLE
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Stanley Yule Chartered Accountants Waterside House Waterside Business Park 1649 Pershore Road Birmingham West Midlands B30 3DR
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PCC OF ST FRANCIS, BOURNVILLE
Contents of the Financial Statements
for the year ended 31 December 2020
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|Trustees’|Annual|Report|1to7|
|Independent Examiner's Report|,|8|
|Statement|of Financial|Activities|9|
|Balance Sheet|:|10|
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|Notes to the|Financial|Statements|11|to|21|
|Detailed|Statement|of Financial Activities|22 to 24|
|Comparative|Detailed Statement of|Financial|Activities|25 to|27|
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PCC OF ST FRANCIS, BOURNVILLE
Trustees’ Annual Report for the year ended 31 December 2020
Intreduction
Bournville Parish Church stands at the heart of the model village built by George Cadbury around the chocolate factory. The church is a flourishing community of all ages, worshipping together ina relaxed but reverent atmosphere. There are a range of children’s groups, many contacts with local schools and a thriving youth and community centre. We see ourselves as a church for the whole community offering care, compassion, and celebration for life’s major events.
St Francis Church Is a beautiful building dedicated in 1925. Its simple basilica architecture looks rather Italian and the interior is open and light with a wonderful sense of space.
There Is no real value presently in comparing this year to previous years to show growth because of the reality of COVID-19. We were offering regular services as in previous years from Jan 1* up to the closure of Church for physically gathered worship on 22" March 2020.
The service statistics for this period are as follows: Sunday Morning 10am Eucharist service — 20 children, 70 adults. Weekly Rise and Shine service 9am — 45 children, 40 adults, Messy Church Friday Afternoon (1)— 30 children, 32 adults. New Vine Meditation service 4.30pm, one per month — 12 adults. St Francis School Eucharist service (1) 150 children, 30 aduits. Family service on second Sunday each month at 10am — 33 children, 66 adults. followed by a said Eucharist services at 11am — 40 adults. Sunday morning 8.15 said Eucharist service — 10 adults. Midweek services: Wednesday 7pm — 4 adults. Thursday Morning Prayer 9.30am said Holy Communion 9.45am — 4 adults. Holy baptism at the 10am Eucharist service (1)— 11 children, 97 adults. Funeral services (2) —8 children, 25 adults.
From 1% July we were offering most of our services online to Facebook and YouTube with up to.300 viewing and on one or two occasions we had 970 viewing; this was achieved by a small team of dedicated volunteers with little previous technical knowledge.
On 17" July we held a Farewell service to our Vicar, Canon Peter Babington who moved to London, the service was outside and live streamed — 10 children and 132 adults. An all-together service outside was held on September 6 — 38 children, 68 adults. We had a live streamed Carols on the Green Live on Your Screen service on Christmas Eve with a worldwide congregation of about 5,000 joining in. We did have a Midnight Mass on Christmas Eve with a small physically gathered congregation.
‘The most successful area of growth in 2020 is our online presence which we will continue to develop over time. We currently have 115 people on our Electoral Roll.
In the future, when in time post COVID-19 we are able to, we will be offering accessible Anglican worship, with a strong musical tradition as we have been doing in the past.
There are popular children’s groups and we also have a superb church primary school. The St Francis Youth and Community Centre serves the neighbourhood and pre COVID was visited by over 1,000 people every week, We welcome people of all backgrounds to the church and centre. The church Is widely used by the wider community for services and to celebrate life events and also for concerts. St Francis Bournville is part of the Church of England in Birmingham and is a growing church atthe heart of the Bournville community. We welcome the oversight of The Rt. Revd David Urquhart, Bishop of Birmingham, and we seek to play a full part in the life of the Diocese, On a more local level we are part of the Moseley Deanery and participate ecumenically in Churches Together in B30.
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PCC OF ST FRANCIS, BOURNVILLE Trustees’ Annual Report for the year ended 31 December 2020
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Charitable Aim: The Provision of Public Worship Open to All Throughout 2020 we offered public worship through a regular pattern services open to all: We will be offering this again post COVID-19. 8.15 a.m. Holy Communion - A simple said service of Holy Communion. This is normally Order One Common Worship, but on the 2nd Sunday of Month the service according to the Book of Common Prayer is used,
9,00 a.m. Rise and Shine - An intergenerational breakfast-time service meeting in the Church Hall. Open to all and designed to be particularly hospitable to those who are new to faith, feel more comfortable in a less formal style of worship, or who are not confident readers. This congregation has continued to meet weekly throughout the year and has particularly attracted families with young children. From March 22™ this went online only due to COVID-19 and the Church being closed to physically gathered worship. — 10.00:a.m. Parish Communion - Our main Sunday celebration is a relaxed but reverent, traditional Church of England service, with children's groups and créche, robed choir and refreshments afterwards. Once a month the 10 o’clock ; service is a non-Eucharistic ‘Family Service’ which lasts about 45 minutes and is followed by a said celebration of Holy Communion at 11.00 a.m. From March 22" this went online only due to COVID-19 and the Church being closed to physically gathered worship. 6.30 p.m. Evensong - Prayer Book Evensong. This Is a quiet and reflective service using the Book of Common Prayer. This year we have re-introduced choral evensong which we are now hoping to offer on a monthly basis. All suspended from March .22™ due to COVID-19. : For the last few years we have also run ‘Messy Church’ on a half-termly basis. This is fresh expression of Church with about 40 people attending to explore a Christian theme through art, crafts, music, story, songs, prayer and the fellowship of a shared meal. We had one Messy Church before closing Church on 22"4 March due to COVID-19.
We also have regular midweek services, which are held in the Lady Chapel: Monday 9.15 a.m. Praying the Scriptures (Lectio Divina); Tuesday 5.45 p.m. Evening Prayer Wednesday 7.00 p.m. Holy Communion Thursday 9.15 a.m. Morning Prayer; 9.30 a.m. Holy Communion All suspended from March 22™ due to COVID-19.
The occasional pastoral offices of baptisms, weddings and funerals are an important part of our ministry and mission to this local area. In 2020 we conducted 12 baptisms before Church closed due to COVID-19 (2019: 30 baptisms and 1 thanksgiving service), The 4 weddings due to take place in 2020 were all postponed until 2021 (2019: 6 weddings). We took 30 funerals in 2020, 6 of which were in church (2019: 19 funerals).
Objectives and Activities of PCC Bournville At the end of 2008 PCC Bournville became a registered charity no, 1127332, We are registered under the full name of ‘The Parochial Church Council of the Ecclesiastical Parish of St Francis of Assisi, Bournville’ though we can use PCC Bournville as an acceptable short name. Our stated charitable aim is the provision of public worship open to all.
The Aims of the PCC are ‘to cooperate with the minister in promoting In the parish the whole mission of the church, pastoral, evangelistic, social and ecumenical’ (PCC Powers Measure 1956), We are committed to enabling as many people as possible to worship at St Francis Church, to belong to the church community, and we try to make the church available to all residents of the parish of Bournville. in 2020 we worked as a whole church to articulate our shared vision: ‘to be a welcoming and loving Christ-centred community, growing disciples of all-ages, and living out God's love in Bournville and beyond’. The PCC have also considered the Charity Commisslon guidance on public benefit and, in part, the supplementary guidance for the advancement of religion.
During the last year we have continued with our pattern of holding a morning family service on the second Sunday. of the month.
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PCC OF ST FRANCIS, BOURNVILLE
Trustees’ Annual Report for the year ended 31 December 2020
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We are grateful that Trevor, Charlotte and Laura have been able to create choral videos of anthems and hymns which we have been using as a part of our online live-streamed weekly services,
Our commitment to social justice ts reflected in a small way by our monthly Traidcraft stall which sells fairly-traded goods with proceeds going to Traidcraft Exchange; our annual support for Christian Aid Week; and by our involvement with the B30 Foodbank.
We continue to offer pastoral care to the congregation and wider community and in doing this we are very grateful for the skill, time and energy given by our trained and commissioned lay pastoral care team, The members of the team are Ruth Chatfield, Sally Slevin, Pam Thomas and Ralph Thomas. The whole team was re-licensed in November 2017, The areas of work for which they have been trained include baptism preparation, bereavement visiting, marriage preparation and welcoming newcomers.
Our service to the local community continues through the St Francis Youth and Community Centre and through St Francis Church of England Primary School. In September 2019 an Ofsted inspection rated the School as ‘Good’; the SIAMS (Statutory inspection of Anglican and Methodist Schools) inspection of the school in November 2015 recognized the school to be outstanding in all areas. 2019 was another very good year for our church school; it continues to flourish as part of the multi-academy trust, The Fioretti Trust (established in 2016) which as well as St Francis School now includes St Barnabas, Erdington. Miss Grainger is the Chief Executive Office for the Fioretti Trust, Mrs Jo Pickup Is Headteacher of St Francis School, and Mr Matthew Tite is the Chair of Governors. Revd Gail is a member and trustee of the Fioretti Trust while we are without an incumbent.
Work with children and young people continues to go well. We have a Sunday School and Messy Church is held every two months, enabling young people and their parents/carers to embrace the Christian faith In an informal setting. COVID has also made the role of Children’s and Familles’ Minister difficult to sustain at present and so this role has become redundant. Catherine Duff left us in March 2021, We hope to review this work in the future. Rise and Shine continues to help engage children and their families with Christian discipleship. Led by Revd Gall, a new service cailed ‘Diddy Disciples’ was launched after Easter 2019, this act of worship has a ‘stay and play’ format and attracts around 40 children and 40 adults each Friday morning In term-time. At present we do not have a church youth worker, however, the St Francis Centre employs Eunice Smith to run work open access groups with young people from the wider community.
The ‘Ministry Team’ at St Francis is presently made up of The Revd Gail Rogers (Assistant Curate}; Mrs Mandy Nayak, and Mr Malcolm Morse (Readers), St Francis is also very well served by the retired clergy who are part of our church community: Canon John Nightingale and Canon Rob Morris.
In 2020 there have been some sad losses from our church fellowship including: Joan James, Noel Hudson and Hilary Williams.
Review of Financlal Activities of PCC Bournville
The finances in 2020 were significantly impacted by COVID-19 and subsequent church closure, Income for 2020 was 22% lower than In 2019.
2020 saw an overall loss for St Francis of £41,461 (2019 loss £34,125). This figure comprises a loss of £26,310 in the unrestricted funds, a loss of £14,578 in the designated funds, and a loss of £573 in the restricted funds.
The loss in the restricted funds was due to the timing of restricted Pligrimage funds being received and spent. The majority of the income was recognised in the 2019 accounts but the majority of the expenditure occurred in the 2020 accounts.
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PCC OF ST FRANCIS, BOURNVILLE Trustees’ Annual Report for the year ended 31 December 2020
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The loss in the designated funds was mainly in the Linden Road Fund and the Legacy Fund. We lost the tenant in the Linden Road property at the start of the year and the property remained empty until July 2020 as it was hard to finda tenant during lockdown. Whilst the property was empty we undertook some essential repairs and maintenance. The rental income was therefore much lower than the expenditure. The income in the legacy fund was received in 2018, but the expenditure Is being recognised in subsequent years. In 2020, the annual depreciation of fixed assets purchased from this fund was charged at £6,616. We donated £500 to a local foodbank at the start of the pandemic and £2,432 was spent on the new website. The fund earned income of £1,143 in interest. We transferred £12,788 from the fund to cover the cost of the Children and Families’ Minister and £13,289 to bring the unrestricted general fund to £0 at the end of the financial year. A large part of the loss of £26,310 In the unrestricted general fund was as a result of the additional costs of employing a Children and Families Missloner and the delivery of'services and activities in this area. As stated above, £12,788 was transferred from the Legacy Fund to cover the costs of this work. The rest of the loss can be attributed to the pandemic and subsequent loss of Income as a result of the church being closed.
The mission and ministry of St Francis Bournville Is primarily funded through the planned giving of members of the congregation. In 2020, through the generosity of our congregation, we raised £61,893 for the general fund (2019: £61,028) in this way, Increased by tax reclaimed through Gift Aid of £13,875 (2019: £15,914).
in 2019, loose plat e collections and donations amounted to £12,692. As church was closed for the majority of 2020, we introduced online donations. This, together with the small number of toose plate collections undertaken at the start of the year earned £6,024, : There were no weddings (although we earned some income in Banns Fees) and the church was not hired out for any events. The PCC element of funeral fees earned £1,433 (2019: £1,059).
We were not able to hold.a physical Christmas market this year, but an online catalogue successfully raised £772 (Christmas Market 2019 raised £2,998). We were also unable to hold our annual ‘Growables and Eatables’ event but earned £46 for the Maintenance Fund through the delivery of products locally. The bookstall raised £106 before we closed in March and Traidcraft sales continued throughout lockdown, generating a profit of £86 which was donated to The Traidcraft Exchange.
A generous grant of £10,000 was received from the LIC Fund for our ongoing work.
The rental income from 63 Linden Road was £3,384 towards the general fund (2019: £9,600}, with the remaining income of £2,042 going towards the maintenance ofthe building, insurance costs and letting fees (£4,800). These monies are held in the Linden Rd Reserve which currently stands at £2,160. The interlor of the property was redecorated at the start of the year and the cooker was replaced.
We paid our Common Fund asking in full (£62,728 after a 2% discount for monthly payments).
We made use of the furlough scheme during 2020, with both our Parish Administrator and Children and Families’ Minister being on flexible furlough at various times in the year. Transactions between PCC and the St Francis Centre as a related party were made towards the shared costs of employing our treasurer, parish administrator and heating and lighting as well as for photocopies. Ageing Well Project, The continued relationship with the Body Mind Spirit Partnership led to the recruitment of our Over 50s Community Development Practitioner wha started. work for us thls year. The Pilgrimage was unable to go ahead so all monies held were refunded to participants, with the fund being brought to £0 and closed. We donated £500 from our Legacy Fund towards a jocal COVID Foodbank Project.
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PCC OF ST FRANCIS, BOURNVILLE
Trustees’ Annual Report for the year ended 31 December 2020 OnEne
Reserves Policy
The reserves policy of the PCC is that we aim to hold an unrestricted reserve equivalent to three months running costs. We hold a permanent fabric fund as a restricted fund for long term care of the church building. In addition to this permanent fabric fund It is the policy of this church to keep an ongoing maintenance reserve to which we contribute a minimum of £5,000 per year (which is through fundraising and monies transferred from the general reserve). This is used to pay for planned work relating to the maintenance schedule, work identified through quinquennial inspections and for general repairs to the building and fixtures.
We have an established designated legacy fund where the PCC have allocated funds to be spent on a number of future projects. In 2020, we spent:
° £17,000 was transferred to a designated reserve for the Ageing Well Project — Work with older adults in the community.
. £12,788. 0n children’s and families work.
« £2,432 on website costs. e £5,000 was transferred to the Maintenance Fund.
The fund currently stands at £133,728. In 2021, these funds have been set aside and allocated for the following:
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e General improvements to the church building e.g. ramped access to north door.
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. Repairs to guttering if funding cannot be secured from elsewhere.
In 2015 St Francis Church received a legacy restricted for the provision of flowers in the church. The ‘Flower Fund’ presently holds £2,448.
The PCC Is mindful that the reserves policy Is not yet achieved in unrestricted general funds. This position continues to be actively pursued by the PCC through robust monitoring of unrestricted expenditure and income generation.
Going Concern
At the date of signing of these financial statements the PCC has considered the ongoing effects of the global pandemic and do not believe it will affect the charity's ability to continue to operate for the foreseeable future. The Charity has sufficient designated funds which could be re-purposed, if required, to absorb any short-term in-perlod deficits.
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PCC OF ST FRANCIS, BOURNVILLE
Trustees’ Annual Report for the year ended 31 December 2020
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Governance, Structure of Meetings and Membership of the PCC The PCC is organised around a pattern of five meetings per year with standing committee and finance sub-committee that meet prior to each meeting, The names of members of the PCC who have served during 2020, including the names of those who have left during this period are as follows: : Canon Peter Babington Clerk in Holy Orders {left July 2020) The. Revd Gail Rogers Clerk in Holy Orders Mr Malcolm Morse Reader Mrs Mandy Nayak Reader, Deanery Synod and Deanery Synod rep on Diocesan Synod Mr Roger Barber Churchwarden elected 13 October 2020 Mir Patrick Penrose Churchwarden and Deanery Synod Mr Pete Todd Churchwarden Mr Geoff Clarke Deputy Churchwarden and Deanery Synod Fiona Thomson Deputy Churchwarden elected 13 October 2020 Mr Ralph Thomas Elected to Deanery Synod and also safeguarding co-ordinator Mrs Clare Davies Elected April 2017 and retired August 2020 Mr Alistair Rodgers Elected April 2017 and retired October 2020 Mr Peter lloyd Elected April 2017 and retired October 2020 Mr Ross Baylis Elected April 2018 Ms Mary Rodgers Elected April 2018 Mrs Georgina Edgar Elected April 2018. Mrs Catherine Shakespear Elected April 2018
Mrs Amanda Homer Elected April 2019. Mr Chris Chatfield Elected April 2019 Mrs Eunice Evans Elected April 2019 and left June 2020 Ms. Elaine Rose Elected April 2019.and left September 2020 Mr Damian Herbert Elected October 2020 Portia Lloyd Elected October 2020 Lynn Moon Elected October 2020 Becky Morris Elected October 2020 Su Newton Ede Elected October 2020 Jonathan Payn Elected October 2020
Co-opted Members Mr Trevor Workman Director of Music Mrs Emma Jones Deputy Headteacher of St Francis C. of E. Primary School and Nursery
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In attendance Ms Jayne Clabon Treasurer since September 2015 Mrs Sally Slevin Secretary Matters discussed at PCC and associated activities included: ° The Church Vision; : * A new website; . Reviewing finances including stewardship / fundraising; « The fabric of the church building, including the completion of the organ repalrs and provision of step-free access at the north entrance;
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e Maintaining and developing the musical tradition and provision for that; . Safeguarding and domestic violence;
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PCC OF ST FRANCIS, BOURNVILLE
Trustees’ Annual Report for the year ended 31 December 2020
Conclusion — Plans for the Future
Over the last few years we have continued to engage with the Diocesan Initiative ‘Transforming Church’ which has called and challenged us as a parish church to focus on a few key areas for development. Building on our strengths and guided by our values in the coming year we are working towards the following objectives:
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We want to work more closely with parents of young children to facilitate participation in worship and nurture their faith to the point of commitment.
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To help all adult members of the church to grow in faith and understanding. > We are developing our work with people over 50 in the church and wider community.
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l=) We are working to improve communication within the church through use of ChurchSuite, and to communicate more effectively with those outside the church by redesigning the church website and through better use of social media,
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We will be planning a programme of social events and gatherings to help build up the fellowship amongst all the members of the congregation, especially seeking to find ways to integrate new members of the church.
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=> We will build and sustain our commitment to B30 Foodbank through regular updates, information and invitations to join in.
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We continue to work towards developing the culture of hospitality and welcome to all who come to St Francis Church.
Due to COVID-19 and our Church being closed the above PCC was in place until October 13" with the exception of Canon Peter Babington to whom we said farewell at his last official service on July 19" 2020. Following instruction and guidelines fromthe Church of England and our Archdeacon on how to conduct our Annual Parochial Church Meeting the following were appointed and will remain in place until our next Annual Parochial Church Meeting in May 2021.
Ross Bayliss, Chris Chatfield, George Edgar, Damian Herbert (Lay Chair of PCC), Amanda Homer, Portia Lloyd, Lynn Moon, Becky Morris, Su Newton Ede, Jonathan Payn, Mary Rodgers, Catherine Shakespear. PCC Secretary: Sally Slevin, Treasurer: Jayne Clabon. Co-Opted PCC Members: Catherine Duff {left March 2021}, Emma Jones, Trevor Workman. Churchwarden: Roger Barber
Deputy Churchwardens: Fiona Thomson, Geoff Clarke, Patrick Penrose
Lay Reader: Malcolm Morse
Lay Reader, Deanery Synod Rep, attends Diocesan Synod: Mandy Nayak Deanery Synod Rep: Ralph Thomas
Thank you for all your commitment to and support of our church in the past year.
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Roger Barber — Churchwarden
Parish Office St Francis Centre Sycamore Road Bournville Birmingham B30 2AA
Tel: 0121 472 7215
www.bournvilleparishchurch.org.uk
Registered Charity Number - 1127332
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Independent Examiner's Report to the Trustees of PCC of St Francis, Bournville
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independent examiner's report to the trustees of PCC of St Francis, Bournville | report to the charity trustees on my examination of the accounts of the PCC of St Francis, Bournville (the Trust) for the year ended 31 December 2020.
Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’}.
| report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and In carrying out my examination | have followed all applicable Directions given by the Charity Commission under section 145{5)(b) of the Act.
Independent examiner's statement {can confirm that | am qualified to undertake the examination because | am a registered member of ACCA which Is one of the listed bodies
| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
{ confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
S&ks : Birgitt Saunders FCCA ACA : Stanley Yule Chartered Accountants Waterside House Waterside Business Park 1649 Pershore Road : Birmingham West Midlands B30 3DR
Date: (eee Sie COR A saree
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PCC OF ST FRANCIS, BOURNVILLE
Statement of Financial Activities for the year ended 31 December 20206
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Endowment | Total | Total | ||
| funds | funds | funds | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | £ | £ | |
| INCOMEAND ENDOWMENTS | |||||||
| FROM | |||||||
| Donations and legacies | 93,583 | 639 | 28,160 | - | 122,382 | 117,861 | |
| Charitable activities | |||||||
| Charitable Activities | 1,763 | - | - | 1,763 | 3,336 | ||
| Fundraising activities | 2 | 873 | 46 | 1,171 | - | 2,090 | 34,974 |
| Investment income | 3 | 1 | 1,144 | - | - | 1,145 | 1,862 |
| Other income | 12,250 | 2,042 | - | - | 14,292 | 22,680 | |
| Total | 108,470 | 3,871 | 29,331 | - | 141,672 | 180,713 | |
| EXPENDITURE ON | |||||||
| Raisingfunds | 7,930 | - | 8,332 | - | 16,262 | 21,513 | |
| Charitable activities | |||||||
| Charitable Activities | 126,234 | 6,305 | 16,177 | - | 148,716 | 283,005 | |
| Other | 616 | 13,170 | 5,395 | - | 19,182 | 12,662 | |
| Total | 134,780 | 19,475 | 29,904 | ” | 184,159 | 317,180 | |
| Netgains/(losses} on | |||||||
| investments | - | 1,026 | - | ~ | 1,026 | 102,342 | |
| NETINCOME/(EXPENDITURE) | (26,310) | (14,578) | (573) | - | (41,461) | (34,125) | |
| Transfers between funds | 12 | 26,310 | (26,409) | 99 | - | - | - |
| Netmovement In funds | - | (40,987) | (474) | ~ | (43,461) | (34,125) | |
| RECONCILIATION OF FUNDS | |||||||
| Totalfunds broughtforward | - | 204,053 | 37,043 | 425,000 | 666,096 | 700,221 | |
| TOTALFUNDS CARRIED | |||||||
| FORWARD | “ | 163,066 | 36,569 | 425,000 | 624,635 | 666,096 |
The notes form part of these financial statements
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PCC.OF ST FRANCIS, BOURNVILLE
Balance Sheet
At.31 December 2020
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| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted Designated fund fund |
Restricted fund |
Endowment fund |
Total funds |
Total funds |
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| Notes | £ | €£ |
£ | £ | £ , |
||
| FIXED ASSETS Tangible assets |
6 | - | 18,931 | - | - | 18,931 | 24,355 |
| Investments investments Investmentproperty |
7 8 |
~ - |
15,878 - |
~ - |
- 425,000 |
15,878 425,000 |
14,852 425,000 |
| - | 34,809 | - | 425,000 | 459,809 | 464,207 | ||
| CURRENTASSETS Stocks Debtors Cash atbank |
9 10 |
- 2,979 262 |
- - 252 128,005 |
259 43 36,267 |
- - - |
259 3,274 164,534 |
233 2,833 201,623 |
| 3,241 | 128,257 | 36,569 | - | 168,067 | 204,689 | ||
| CREDITORS Amounts fallingdue within oneyear |
14 | (3,241) | - | - | - | (3,241) | (2,800) |
| NETCURRENTASSETS | - | 128,257 | 36,569 | - | 164,826 | 201,889 | |
| TOTALASSETS LESS CURRENTLIABILITIES |
- | 163,066 | 36,569 | 425,000 | 624,635 | 666,096 | |
| NETASSETS | - | 163,066 | 36,569 | 425,000 | 624,635 | 666,096 | |
| FUNDS | 12 | - | - | ||||
| Unrestricted funds Designatedfunds Restrictedfunds Endowmentfunds |
163,066 36,569 425,000 |
204,053 37,043 425,000 |
|||||
| TOTALFUNDS | 624,635 | 666,096 | |||||
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The notes form part of these financial statements
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PCC OF ST FRANCIS, BOURNVILLE
Notes to the Financial Statements for the year ended 31 December 2020
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1, ACCOUNTING POLICIES
Basis of preparing the financial statements The PCC is a public benefit entity within the meaning of FRS102 (Financial Reporting Standard 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland). The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations’ "true and fair view" provisions, together with FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP (FRS102)).
The finanelal statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements 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 thelr main affiliation to another body, nor those that are informal gatherings of church members.
Incoming resources All income is recognised in the Statement of Financial Activities once the PCC has legal entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.
Voluntary and Other Non-Investment Income
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Collections and planned giving are recognised when received by or on behalf of the PCC. - Income tax recoverable under Gift Aid donations is recognised when the income Is recognised. - Grants and legacies to the PCC are recognised 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. - Funds raised from events are reported gross, i.e., before the deduction of any related costs; - Sales of books and magazines from the Church Bookstall are reported for grass.
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Rental income from the letting of Church premises is recognised when the rental is due.
Investment Income
- Dividends are recognised when due and payable.
= Interest entitlements are recognised as they accrue.
- Tax recoverable on such income is recognised in the same accounting year.
Expenditure and liabilities Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the PCC to that expenditure, it is probable that a transfer of economic benefits. will be required in settlement and the amount of the obligation can. be measured rellably. Expenditure is accounted for onan accruals basis and has been classifled under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
Gains and Losses on Investments
Realised gains or losses are recognised when Investments are sold, Unrealised gains or losses are recognised on revaluation of investments at 31 December.
Grants Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on.the PCC.
Page il
PCC OF ST FRANCIS, BOURNVILLE Notes to the Financia! Statements - continued for the year ended 31 December 2020
- 1, ACCOUNTING POLICIES - continued Fixed assets Consecrated property and movable church furnishings
in so far as consecrated and benefice property of any kind |s excluded from the statutory definition of “charity” by Section 10 (2) (a) and (c) of the Charities Act 2011 such assets are not capitalised in the financial statements.
Movable church furnishings held by the Vicar and Churchwardens.on special trust for the PCC, and which require a faculty for disposal, are accounted for as inalienable property unless consecrated. They are listed in the church's inventory which can be Inspected (at any reasonable time). For inalienable property acquired prior to 1 January 2006, there is Insufficlent cost information available and therefore such assets are not valued In the accounts. Items.acquired since 1 January 2006 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life {initially over 10 years) on a straight-line basls.
All expenses incurred in the year on consecrated of benefice property, individual items under £2,500 or on the repair of movable church furnishings acquired before 1 January 2006 are written off as revenue costs.
Fixtures, fittings, and office equipment Equipment used within the church premises[Is][depreciated][ on][ a][ straight-line][basis][ over][ 5][ years.][Individual][ items] of equipment with a purchase cost of £1,000 or less are written off when the asset is acquired. Pooled items, that being more than one Item of the same description purchased at the same time, with an individual value in excess of £250 are capitalised.
63 Linden Road - Investment Property The semi-detached property, 63 Linden Road, was gifted to the Parochial Church Council of St Francis, Bournville on 29 July 1960, The Birmingham Diocesan Trustees Registrar are custodian trustees of the property since 1960, while the PCC remains the managing trustees and are responsible for the property.
The property was previously valued in March 2004 at £230,000. As the property is an investment property depreciation does not apply. The property is revalued for insurance purposes at regular intervals and loss or gain on revaluation will be realised. during that financial year. A valuation was last carried. out in October 2019, wherein the property was valued at £425,000 with the gain recognised in the accounts for the year ended 31 December 2019. The next professional valuation is due in October 2024,
Investments investments are valued at market value at 31 December. Any gain or loss.on investments are realised within the current financial year. InvestmentInvestment property property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred toa revaluation reserve. StocksStocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving Items. TaxationThe charity is exempt from income tax on Its charitable activities. The charity is liable for VAT on relevant activities and is also liable for Employers National Insurance Contributions on paid Church staff. Page 12
PCC OF ST FRANCIS, BOURNVILLE
Notes to the Financial Statements - continued for the year ended 31 December 2020
In
1, ACCOUNTING POLICIES - continued
Fund accounting Endowment funds are restricted funds, the capital of which must be retained; only income arising from Investment of the endowment may be used as a restricted or unrestricted fund depending upon the purpose for which the endowment was established.
Restricted funds are income funds that represent: (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or the bequest, and (b} donations or grants received for a specific object or Invited by the PCC for a specific object. The funds may only be expended on a specific project for which they were given. Any balance remaining unspent at the end of the year must be carried forward as a balance on that fund. The PCC usually invests separately for significant restricted funds ensuring that interest is apportioned correctly.
Unrestricted funds represent the remaining income funds of the PCC that are available for spending on the general purposes of the PCC. These include designated funds which are contributions with the stipulation that they be used for a specific purpose, such as spending on an approved future project. The PCC are responsible for designating funds, and the balances of these funds are disclosed separately to the general unrestricted fund in the Notes to the Finanelal Statements.
Current assets Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provisions for the amounts that may prove uncollectable.
Short-term deposits include cash held on deposit with either the CBF Church of England Funds or at Lloyds Bank
Going Concern The accounts have been prepared on the basis of being a going concern as outlined In the Trustees” annual report. :
impairment of assets At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. if there is an indication of possible impairment, the recoverable amount of any affected asset Is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount Is reduced to its estimated recoverable amount, and an Impairment loss is recognised immediately in profit and loss account.
Donated Services
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met and the receipt of economic benefit can be measured reliably. In accordance with the Charities SORP (FRS102)}, the general volunteer time of Volunteers is not recognised. Please refer to the trustee's annual report for more Information about thelr contribution.
Page 13
PCC OF STFRANCIS, BOURNVILLE
Notes to the Financial Statements - continued
for the year ended 31 December 2020
| 2, | FUNDRAISING ACTIVITIES | : | ||
|---|---|---|---|---|
| 2020 | 2019 | |||
| £ | £ | |||
| ChristmasMarket | 772 6 |
2,998 8 |
||
| Points Organ Fund Fundraising Traidcraft Sales Bookstall Sales Refreshments afterChurch |
: : |
“ 46 973 198 95 |
25,547 3,897 1,291 704 529 |
|
| 2,090 ——— |
34,974 — |
|||
| 3. | INVESTMENTINCOME | |||
| 2020 | 2019 | |||
| £ | £ | |||
| 446 | 433 | |||
| Dividends InterestCBFDepositFund InterestLloydsAccount |
698 41 |
1,429 . |
||
| : | 1,145 ——=— |
1,862 = |
||
| ; |
4, TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.
Trustees' expenses
Members and Co-opted Members of the PCC, as well as Ministers, were fully reimbursed for expenses paid on the Church's behalf. The total expenses reimbursed to trustees and Ministers amounts to approximately £5,100. The expenses were for travel, books, resources, small repair items, refreshments, postage, stationery, telephone costs, Christmas Fair expenses, Traidcraft stock purchases and Bookstall purchases, and various other sundry items paid on the Church’s behalf. There were 2 trustees reimbursed during the year, including PCC Members and Ministers.
Page 14
,
PCC OF ST FRANCIS, BOURNVILLE
Notes to the Financial Statements - continued for the year ended 31 December 2020
TD
5. ALLOCATION OF ADMINISTRATION COSTS
Administration Costs are allocated to expenditure In the following manner:
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|Cost Description|Charitable Activities|Raising Funds|Total Cost|Basis of Allocation|
|£|£|£|
|Administration|Salaries|15,526|2,217|17,743.|Time spent on|activities|
|Printing and Stationery|2,619|1,307|3,926|Usage|
|Bank Charges|158|158|316|Usage|
|independent|Examiner|1,188|-|1,188|Nature|of activity|
----- End of picture text -----
Note - £4,430 of Administration Salaries are shown as Parish Admin & Treasurer Salary in Charitable Activities and are not part of the Administration Costs figures shown above,
----- Start of picture text -----
|||||
|---|---|---|---|
|TANGIBLE FIXED ASSETS|Church|
|Equipment|
|£|
|COST|;|
|At|1 January|2020|35,830|
|Additions|1,257|
|At 31 December 2020|37,087|
|DEPRECIATION|
|At|1 January 2020|11,475|
|Charge for year|6,681|
|At 31 December 2020|18,156|
|NET BOOK VALUE|
|At 31 December 2020|18,931|
|At 31 December 2019|24,355|
----- End of picture text -----
Page 15
PCC OF STFRANCIS, BOURNVILLE
Notes to the Financial Statements - continued for the year ended 31 December 2020
| 7. | FIXED ASSETINVESTMENTS | : | ||
|---|---|---|---|---|
| : | CBFInvestment | |||
| Find Shares | ||||
| £ | ||||
| MARKETVALUE At1January2020 |
14,852 1,026 |
|||
| Revaluations | ||||
| At31December2020 | 15,878 | |||
| NETBOOKVALUE At31December2020 |
15,878 | |||
| At31December2019 | 14,852 =o! |
|||
| Therewere noinvestmentassets outsidethe UK. | ||||
| Holdingsat31December2020:777shares ihthe-CBFChurch ofEngland | InvestmentFund(2019:777 | 777shares) | ||
| 8. | INVESTMENTPROPERTY | |||
| £ | ||||
| FAIRVALUE At1January2020 |
425,000 | |||
| At31December2020 | 425,000 | |||
| NETBOOKVALUE At31December2020 |
425,000 | |||
| At31December2019 | : | 425,000 |
||
| 9. | STOCKS | |||
| 2020 | 2019 | |||
| : | £ | £ | ||
| 259 | 233 | |||
| TraidcraftStock | ||||
| : | ||||
| 10. | DEBTORS:AMOUNTSFALLINGDUEWITHIN | WITHINONEYEAR | ||
| : | 2020 | 2019 | ||
| £ | £ | |||
| Prepayments AccruedIncome |
1,624 1,648 |
1,014 1,819 |
||
| : | 3,274 ——— |
2,833 —se |
Page 16
PCC OF ST FRANCIS, BOURNVILLE
Notes to the Financial Statements - continued
for the year ended 31. December 2020
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|a|
|11.|CREDITORS:|AMOUNTS|FALLING|DUE|WITHIN|ONE YEAR|
|2020|2019|
|£|£|
|Creditors for goods & services|445|333|
|Accruals|2,756|2,467|
|3,241|2,800|
|—===_aost|—————==|
----- End of picture text -----
- MOVEMENT IN FUNDS
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|Net|Transfers|
|movement|in|between|
|At|1.1.20|funds|funds|At 31.12.20|
|£|£|£|£|
|Unrestricted|and|Designated|Funds|
|General|fund|“|(26,310)|26,310|-|
|63|Linden|Road|(Designated)|6,551|(4,391)|-|2,160|
|Children's|Choir (Designated)|550|(411)|“|139|
|Legacy Fund|(Designated)|189,517|(7,380)|(48,409)|133,728|
|Maintenance|Fund|(Designated)|7,403|(2,446)|5,000|9,957|
|Special|Fund|(Designated)|-|50|-|50|
|St|Peters|Saltley Trust (Designated)|32|“|-|32|
|Ageing Well|(Designated)|-|-|17,000|17,000|
|204,053|(40,888)|(99)|163,066|
|Restricted|Funds|
|Action|Aid|997|(467)|-|530|
|Ageing Well|21,265|206|-|21,471|
|Bookstall|Fund|1,891|106|“|1,997|
|Bournville|Parish Youth|129|-|-|129|
|Fabric Fund|5,949|14|-|5,963|
|Flower|Fund|2,488|(40)|-|2,448|
|Pilgrimage|Fund|1,419|(1,419)|-|-|
|St|Francis Church|Choir|Fund|147|(107)|-|40|
|Youth Worker|2,758|901|“|3,659|
|Traidcraft|Fund|-|233|99|332|
|37,043|(573)|95|36,569|
|Endowment funds|
|Land &|Buildings|Fund|425,000|-|-|425,000|
|TOTAL FUNDS|666,096|(41,461)|-|624,635|
----- End of picture text -----
Page 17
PCC OF ST FRANCIS, BOURNVILLE
Notes to the Financial Statements - continued for the year ended 31 December 2020
- MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|Incoming|Resources|Gains and|Movement in|
|resources|expended|losses|funds|
|:|£|£|£|£|
|Unrestricted|and Designated|Funds|
|General fund|108,470|(134,780)|-|{26,310)|
|63 Linden Road|(Designated)|2,043|(6,434)|-|(4,391)|
|Children’s Choir (Designated)|-|(411)|-|(414)|
|Legacy Fund (Designated)|1,142|(9,548)|1,026|(7,380)|
|Maintenance Fund (Designated)|66|(2,542)|-|(2,446)|
|Special|Fund (Designated)|620|(570)|-|50|
|412,341|(154,255)|1,026|(40,888)|
|RestrictedAction Aid|Funds|1|(468)|-|(467)|
|:|14,079|(13,873)|“|206|
|Ageing Well|
|Bookstall Fund|198|(92}|-|106|
|Curate 2018|7,500|(7,500}|-|-|
|Fabric Fund|500|(486)|-|14|
|Flower Fund|-|(40)|-|(40)|
|Pilgrimage Fund|4,601|(6,020)|-|{1,419)|
|St Francis Church Cholr Fund|-|(107)|-|{107}|
|Youth Worker|969|(68)|“|901|
|Heating Fund|510|{510)|-|-|
|Traidcraft Fund|973|(740)|-|233|
|.|
|29,331|(29,904)|-|(573)|
|EndowmentLand &|BulldingsFundsFund|-|-|-|-|
|TOTAL FUNDS|141,672|(184,159)|1,026|(41,461)|
----- End of picture text -----
Page 18
PCC OF ST FRANCIS, BOURNVILLE
Notes to the Financial Statements - continued for the year ended 31 December 2020
et
12. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
----- Start of picture text -----
||||||||||
|---|---|---|---|---|---|---|---|---|
|Net|Transfers|
|movement|in|between|
|At|1.1.19|funds|funds|At 31.12.19|
|£|£|£|£|
|Unrestricted|and|Designated|Funds|
|General|fund|1,438|(22,517}|21,079|-|
|63|Linden|Road|(Designated)|8,331|(1,780)|~|6,551|
|Children's|Choir (Designated)|597|1,071|(1,118)|550|
|Legacy Fund (Designated)|284,795|(73,533)|(21,745)|189,517|
|Maintenance Fund (Designated)|8,530|(6,127)|5,000|7,403|
|Special|Fund|(Designated)|210|(210)|-|-|
|St|Peters Saltley Trust (Designated)|32|-|-|32|
|303,933|(103,096)|3,216|204,053|
|Restricted|Funds|
|Action Aid|339|(460)|1,118|997|
|Ageing Well|21,320|(55)|-|21,265|
|Bookstall|Fund|1,691|206|-|1,891|
|Bournville|Parish Youth|129|-|-|129|
|Fabric Fund|5,929|20|-|5,949|
|Flower|Fund|2,797|(309)|-|2,488|
|Organ|Fund|34,010|(29,676)|(4,334)|-|
|Pilgrimage|Fund|-|1,419|-|1,419|
|St|Francis|Church|Choir|Fund|135|12|-|147|
|Youth Worker|4,938|(2,180)|”|2,758|
|71,288|(31,029)|{3,216)|37,043|
|Endowment|Funds|
|Land|&|Buildings Fund|325,000|100,000|-|425,000|
|TOTAL FUNDS|700,221|(34,125)|-|666,096|
----- End of picture text -----
Page 19
PCC OF ST'FRANCIS, BOURNVILLE
Notes to the Financial Statements - continued
for the year ended 31 December 2020
- MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| incoming Resources Gainsand Movement in resources expended losses funds |
|---|
| £ £ £ £ |
| Unrestricted and Designated Funds Generalfund 132,605 {155,122} - (22,517) 63LindenRoad(Designated) 3,600 (5,380) - (1,780) Chitdren’sChoir (Designated) 1,707 (636) “ 1,071 LegacyFund(Designated) 3,738 (77,271) - (73,533) MaintenanceFund(Designated) - (6,127) - (6,127) SpecialFund(Designated) 411 (621) - {210) |
| 142,061 (245,157) - (103,096) |
| Restricted Funds Action Aid ~ (460) - (460) Active Church : 52 (52) - - AgeingWell : - (55) - (55) Bookstall Fund 704 (504) - 200 Curate2018 7,500 (7,500) - - FabricFund 20 - “ 20 FlowerFund - (309) - (303) OrganFund 23,896 (55,9140 2,342 (29,676) PilgrimageFund 5,169 (3,750) - 1,419 St FrancisChurch ChoirFund 300 (288) - 12 YouthWorker 1,011 (3,191) - {2,180} |
| 38,652 (72,023) 2,342 (31,029) |
| Endowment Funds Land&BuildingsFund - 7 100,000 100,000 |
| TOTALFUNDS 180,713 (317,180) 102,342 (34,125) a —————— Fm ——— |
| Fund Details |
| Therestrictedfundscompriseofthe ActionAidFund,ActiveChurchFund, BookstallFund, BournvilleParish Youth Fund, FabricFund, FlowerFund,Organ Fund,StFrancisChurchChoir Fund,YouthWorkerFund,Ageing WellFund,Curate2018 Fund,andthePilgrimage Fund.TheFabricFund isheldforad-hocrepairs.and |
| maintenance oftheChurch andVicarage. |
| heEndowmentFundscompriseoftheLand&BuildingsFund.Thisfund isintheformofaseml-detached property, 63 LindenRoad,whichwasdonatedtotheChurchforitscontinuinguseIn1939 andwhich hasbeen held intrustby theDiocesanTrustees Registrar since1960.ThispropertyIsincluded inthe accountsatits2019 valuation of£425,000. Incomegeneratedfromtheleasingofthispropertycanbespentasper other |
| unrestrictedincome. : |
Page 20
PCC OF ST FRANCIS, BOURNVILLE
Notes to the Financial Statements - continued for the year ended 31 December 2020
SCE
12. MOVEMENT IN FUNDS - continued
’
Transfers between funds
Detalls of transfers between funds In the year are as follows:
| Note | Unrestricted | Designated | Restricted | |
|---|---|---|---|---|
| £ | £ | £ | ||
| General Fund to Traldcraft Fund | 1 | {99} | - | 99 |
| Legacy FundtoGeneral Fund . |
2 | 26,409 | (26,409) | - |
| Legacy Fund toAgeingWell Designated Fund LegacyFundtoAgeingWell Designated Fund Legacy Fundto Maintenance Fund |
3 3 4 |
- - - |
17,000 (17,000) 5,000 |
- ~ * |
| Legacy Fundto Maintenance Fund | 4 | - | (5,000) | - |
| 26,310 | (26,409) | 99 |
Notes:
1— Year end transfer to balance the Traidcraft Fund.
2 —Year end transfer to balance the General Fund.
3— Reallocation of designated funds from Legacy Fund to Ageing Well Designated Fund.
4~— As a requirement of English Lottery Funding received for roof repairs, the PCC is required to put £5,000 per year into the Maintenance Fund. This year the £5,000 was transferred from the Legacy Fund to the Maintenance Fund, both of which are designated funds.
13. RELATED PARTY DISCLOSURES
Transactlons took place during the year between the PCC and the St Francis Youth and Community Centre, which is a related charitable cornpany that shares some trustees in common. These transactions were made towards the shared costs paid by one of the charities. The details are as below:
| Income receivedfrom St FrancisYouth and Community Centre | £ |
|---|---|
| Reimbursement for use ofHeatingand Lighting | 8,500 |
| Reimbursementfor cost of Photocopies | 247 |
| Contribution to costs ofMicrosoft Licence | 282 |
| Contribution to costs ofYouth Worker Mobile Phone | 74 |
| Total Income Received | 9,103 |
| Expenditure paid te StFrancisYouthandCommunityCentre | £ |
| PCC’'s contribution to Salaries forthe Parish Administrator and theTreasurer | 10,564 |
| PCC’s reimbursement ofSalaries for MusicServices | 1,255 |
| Sundryexpenditure items including reimbursementforitemspaid on PCC’s behalf | 26 |
| TotalExpenditurePaid | 11,845 |
The transactions between the two charities are paid as they become due. There are no outstanding balances owed between the PCC and the St Francis Youth and Community Centre at the year end.
Page 21
PCC OF ST FRANCIS, BOURNVILLE
Detalled Statement of Financial Activities for the year ended 31 December 2620
----- Start of picture text -----
||||||||||
|---|---|---|---|---|---|---|---|---|
|i|
|2020|2019|
|Unrestricted|Designated|Restricted|Endowment|Total|Total|
|funds.|funds|funds|funds|funds|funds|
|£|:|£|£|£|£|£|
|INCOME AND ENDOWMENTS|
|Donations|and|legacies|
|Planned|Giving|61,893|-|-|-|61,893|61,028|
|Collections|1,950|“|.|-|-|1,950|9,063|
|Sundry Donations|4,074|19|600|-|4,693|3,629|
|Other Income|1,232|120|24,736|-|26,088|17,100|
|Iricome Tax Recovered|13,875|-|180|-|14,055|16,106|
|Sundry Income|10,559|500|2,644|-|13,703|10,476|
|Legacies|-|-|-|-|-|459|
|93,583.|639|28,160|-|122,382|117,861|
|Fundraising|activities|
|Christmas|Market|772|-|-|-|772|2,998|
|Points|6|-|-|-|6|8|
|Organ. Fund|-|-|-|+|-|25,547|
|Fundraising|-|46|-|-|46|3,897|
|Traidcraft Sales|“|-|973|-|973|1,291|
|Bookstall|Sales|-|-|198|-|198|704|
|Refreshments after Church|95|-|-|-|95|529|
|873|46|1,171|-|2,090|34,974|
|Investment|income|
|Dividends|-|446|-|-|446|433|
|Interest CBF|Deposit Fund|-|698|-|-|698|1,429|
|Interest|Lloyds Account|1|“|-|-|1|-|
|1|1,144|-|-|1,145|1,862|
|Charitable|activities|
|Wedding|Fees|330|-|-|-|330|2,277|
|Funeral|Fees|1,433|-|-|-|1,433|1,059|
|1,763|||-|~|-|1,763|3,336|
|Other|income|—|-|-|-|8,500|9,000|
|Heat &|Light|8,500|
|Photocopies|366|-|-|-|366|480|
|Rent 63|Linden|Road|3,384|2,042.|-|-|5,426|13,200|
|12,250|2,042|-|“|14,292|22,680|
|Total incoming resources|108,470|3,871|29,331|-|141,672|180,713|
----- End of picture text -----
This page does not form part of the statutory financial statements
Page 22
PCC OF ST FRANCIS, BOURNVILLE
Detailed Statement of Financial Activities for the year ended 31 December 2020
| a | a | a | a | a | a | a | a | a | a | a | a |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||||||
| . | Unrestricted | Designated | Restricted | Endowment | Total | Total | |||||
| funds | Funds | funds | funds | funds | funds | ||||||
| £ | £ | £ | £ | E | £ | ||||||
| EXPENDITURE | |||||||||||
| Raisingdonationsandlegacies Administration Costs Curate Housing |
\wlele / | 3,683 3,300” |
~2211 ” |
/ - - |
- 7,500 |
= - |
3,683 10,800 |
3,244 13,505 |
|||
| Fundraising Expenditure CurateExpenses |
- 714/ |
/ | - “ |
: - |
. - |
714 | 3,167 - |
||||
| 7,697 | - | 7,500 | - | 15,197 | 19,916 | ||||||
| Othertrading activities Openingstock Traldcraft Purchases |
2334 - |
° 4 |
- - |
- 999 |
. - |
233 999 |
293 1,033 |
||||
| Bookstall Expenses Closingstock |
- - |
- - |
92 / (259) / |
- : |
92 {259) |
504 (233) |
|||||
| 233 | - | 832 | - | 1,065 | 1,597 | ||||||
| Charitable activities DiocesanCommon Fund Ministry -General Expenses Ministry-TravelExpenses Ministry -Vicarage Expenses Church -Heating Church -Lighting Church -insurance Church -General-Repairs Church -General-Expenses Fixtures&Equipment Services.-Altar Services -Music -4510 Children& FamiliesMissioner |
62,728 / - 1,134/ - 367/) “ 181 - 6,888 - 2,743 /, - 6,200Sf - - 2,097 5,211/ 2,432/ go. = 4s” 586/ / - 4510/10,410 14.57 291/ 629./ - |
. - - - 510/ - - - 625 - 526 107 - |
- - - - “ - “ - - . - - “ |
62,728 1,134 367 181 7,398 2,743 6,200 2,097 8,268 504 1,112 10,808 629 |
72,998 935 1,313 1,127 10,648 4,577 6,308 123,225 11,660 1,789 1,648 8,563 13,009 |
||||||
| Active/MessyChurch Church Salaries Administration Costs |
- 4,430J 15,5267 |
J 7 |
- - - |
- - - |
- - - |
- 28 44303045 15,526 10,670 |
|||||
| Youth Worker | - | - | - | - | - | 3,185 | |||||
| YouthWorkerExpenses Fees,Subs&Training Photocopier Postage&Telephone Stationery ActionAid BankCharges Professional Fees Refreshments FamilyWelfare Ageing Well Expenses Mission Giving |
{AGO | -/ - 1,766 - 2,231{ - 1,053 i - 388/ - - - 158 { a 2,130 -\S94 - - - 942.,/” 5700” - - 444” 500” |
“ - - 68 - 468 - - - - 13,873 -BULL - |
BULL | - - - “ . “ - - - . - - |
- 1,766 2,231 1,121 388 468 158 2,130 - 1,512 13,873 944 |
6 1,154 2,477 674 485 460 239 1,070 245 4,470 - - |
||||
| 126,234 | 6,305 | 16,177 | - | 148,716 | 283,005 |
This page does not form part of the statutory financlal statements
Page 23
PCC OF ST FRANCIS, BOURNVILLE
Detailed Statement of Financlal Activities for the year ended 31 December 2020
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|On|
|'|Unrestricted|Designated:|Restricted|Endowment|Total2020|Total2019|
|funds|funds|funds|funds|funds|funds|
|£|£|£|£|£|£|
|Other63 Linden Road Expenses|-|6,369Vi|-|-|6,369|4,600|
|Miscellaneous|616|{|120|5,395|-|6,131|1,609|
|Fixtures and fittings|-|6,681|/|-|-|6,681|6,453|
|616|13,170|5,395|-|19,181|12,662|
|Tota! resources expended|134,780|19,475|29,904|~|184,159|317,180|
|Net expenditure|(26,310)|(15,604)|(573)|-|{42,487}|(136,467)|
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This page does not form part of the statutory financial statements
Page 24
PCC OF ST FRANCIS, BOURNVILLE
,
Comparative Detailed Statement of Financial Activities
for the year ended 31 December 2019
a
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||||||||||
|---|---|---|---|---|---|---|---|---|
|2019|2018|
|Unrestricted|Designated|Restricted|Endowment|Total|Total|
|funds|funds|funds|funds|funds|funds|as|
|restated|
|£|£|£|£|£|£|
|INCOME AND ENDOWMENTS|
|Donations|and|legacies|
|Planned|Giving|61,028|-|-|-|61,028|62,733|
|Collections|9,063|-|-|-|9,063|7,963|
|Sundry|Donations|3,411|200|18|-|3,629|1,772|
|Other Income|3,180|120|13,800|-|17,100|12,889|
|Income Tax|Recovered|15,911|-|195|-|16,106|15,756|
|Sundry|Income|10,168|290|i8|-|10,476|11,516|
|Legacies|-|459|-|-|459|233,850|
|102,761|1,069|14,031|-|117,861|346,479|
|Fundraising activities|
|Christmas|Market|2,998|-|-|-|2,998|2,726|
|Points|8|-|~|-|g|13|
|Organ|Fund|-|1,658|23,889|-|25,547|30,827|
|Fundraising|2,171|1,706|20|-|3,897|25,730|
|Traidcraft|Sales|1,291|-|-|-|1,291|1,332|
|Bookstall|Sales|-|-|704|-|704|835|
|Refreshments|after Church|529|-|-|-|529|637|
|6,997|3,364|24,613|-|34,974|62,100|
|Investment|income|
|Dividends|433|-|-|.|433|97|
|Interest CBF|Deposit Fund|-|1,421|8|-|1,429|1,460|
|433|1,421|8|-|1,862|1,557|
|Charitable|activities|
|Wedding|Fees|2,277|-|-|-|2,277|3,636|
|Funeral|Fees|1,059|-|-|-|1,059|2,176|
|3,336|-|-|-|3,336|5,812|
|Other income|
|Heat &|Light|9,000|-|-|-|9,000|9,000|
|Photocopies|480|-|-|-|480|811|
|Rent 63|Linden|Road|9,600|3,600|-|-|13,200|13,200|
|19,080|3,600|-|-|22,680|23,011|
|Total incoming resources|132,607|9,454|38,652|-|180,713|438,959|
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Page 25
PCC OF ST FRANCIS, BOURNVILLE
Comparative Detailed Statement of Financial Activities for the year ended 31 December 2019
| Comparative Detailed Statement of FinancialStatement of Financialof FinancialFinancial Activities for the year endedthe year endedyear endedended 31 December 20192019 |
Comparative Detailed Statement of FinancialStatement of Financialof FinancialFinancial Activities for the year endedthe year endedyear endedended 31 December 20192019 |
Comparative Detailed Statement of FinancialStatement of Financialof FinancialFinancial Activities for the year endedthe year endedyear endedended 31 December 20192019 |
Comparative Detailed Statement of FinancialStatement of Financialof FinancialFinancial Activities for the year endedthe year endedyear endedended 31 December 20192019 |
Comparative Detailed Statement of FinancialStatement of Financialof FinancialFinancial Activities for the year endedthe year endedyear endedended 31 December 20192019 |
Comparative Detailed Statement of FinancialStatement of Financialof FinancialFinancial Activities for the year endedthe year endedyear endedended 31 December 20192019 |
Comparative Detailed Statement of FinancialStatement of Financialof FinancialFinancial Activities for the year endedthe year endedyear endedended 31 December 20192019 |
|---|---|---|---|---|---|---|
| i | ||||||
| * 2019 |
* 2018 |
|||||
| Unrestricted Designated |
Restricted | Endowment | Totai | Total | ||
| funds | Funds | funds | funds | funds | fundsas restated |
|
| £ | E | £ | £ | E | £ | |
| EXPENDITURE | ||||||
| Raisingdonationsand legacies Administration Costs CurateHousing FundraisingExpenditure |
3,244 6,005 : 1,987 |
- - 1,140 |
- 7,500 40 |
- - - |
3,244 13,505 3,167 |
2,531 7,918 3,868 |
| 11,236 | 1,140 | 7,540 | - | 19,916 | 14,317 | |
| Othertradingactivities Openingstock Traidcraft Purchases Bookstall Expenses Closingstock |
293 1,033 - (233} |
- - - - |
- - 504 = |
- - - - |
293 1,033 504 (233) |
393 1,028 530 (293) |
| 1,093 | - | 504 | - | 1,597 | 1,658 | |
| Charitable activities DiocesanCommonFund Wedding& Funeral! FeesPaid Ministry-General Expenses Ministry -Travel Expenses Ministry-Vicarage Expenses Church - Heating Church -Lighting Church -Insurance Church -General -Repairs Church -General -Expenses Fixtures&Equipment Services -Altar Services -Music Children & FamiliesMissioner Active/Messy Church Church Salaries Administration Costs YouthWorker YouthWorkerExpenses Fees,Subs&Training Photocopier Postage&Telephone Stationery ActionAid BankCharges Professional Fees Refreshments FamilyWelfare AgeingWell Expenses |
: 72,998 - 935 1313 119 10,648 4,577 6,308 ~ 1,566 80 1,089 F726 12,976 |
9 3,045 10,670 - 6. 1,139 2,477 665 485 - 239 —C; 1,020 245 849 “ |
- - - - 1,008 - - - 67,311 6,344 1,709 250 549 - - - - ~ - - - - - - - 50 - 621 - |
- - ss . - - - - 55,914 3,750 - 309 288 33 19 - - 3,185 - 15 - 6 - 460 - “ - - - |
- - - - - - - - = - - - - « - - - - - ~ - - - - - - - - - |
72,998 - 935 1,313 1,127 10,648 4,577 6,308 423,225 11,660 1,789 1,648 8,563 13,009 28 3,045 10,670 3,185 6 1,154 2,477 671 485 460 239 1,070 245 1,470 - |
| 141,184 | 77,842 | 63,979 | - | 283,005 | 256,130 |
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Page 26
PCC OF ST FRANCIS, BOURNVILLE
Comparative Detailed Statement of Financial Activities for the year ended 31 December 2019
ee
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|---|---|---|---|---|---|---|---|---|---|
|2019|2018|
|Unrestricted|Designated|Restricted|Endowment|Total|Total|
|funds|funds|funds|funds|funds|funds|
|£|£|£|£|£|£|
|Other|
|63|Linden|Road|Expenses|-|4,600|-|-|4,600|2,758|
|Miscellaneous|1,609|-|-|=|1,609|1,347|
|Fixtures and|fittings|-|6,453|-|-|6,453|2,746|
|1,609|11,053|-|~|12,662|6,851|
|Total|resources|expended|155,122|90,035|72,023|-|317,180|278,956|
|Net income|(22,515)|(80,581}|(33,371}|-|(136,467)|160,003|
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