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2020-12-31-accounts

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2020

Clemence Hoar Cummings CHARTERED ACCOUNTANTS

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)

CONTENTS

Page 1-4 Annual Report of the Parochial Church Council 5 Independent Examiners' Report 6 Statement of Financial Activities 7 Balance Sheet 8-13 Notes to the Accounts 14 The Ship Surplus & deficit account

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD

(Charity Registratlon No. 1127337)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2020

REFERENCE AND ADMINISTRATIVE DETAILS

St Helen's and St Giles church is situated in Rainham, Essex. It is part of the Diocese of Chelmsford within the Church of England. The correspondence address is St Helen's Church Hall, St Helen's Court, Upminster Road South, Rainham, Essex, RMi43 9YU, :

Charity Number: 1127337

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Prinicipat Office: St Helen's Court
Upminster Road South
Rainham
Essex
RM13 9YU
Independent Examiners: ©CHCAccountancy LtdT/AClemence HoarCummings
Riverside House
1-5 Como Street
Romford
RM? 7DN
Bankers Barclays Bank Plc
1 Churchill Place
London
E14SHP

PCC members who have served from ist January 2020 until the date of this report was approved are:

Incumbent: Rev'd Ellse Peterson

Associate Minister: Rev'd David Stainer Elected Members e Vice Chair~ Gloria Byatt ° Treasurer— John Skingsley e Secretary — Alan Dell . YCM Rep— Janet Lill « Child Protection Rep - Gloria Byatt e Ship Rep - Joanne Barclay e Ship Rep / Outreach - Shirley Philipps ° Social Rep - Maxine Howgate-Richards/Jackie Willoughby « Gift Aid - Antoon Braakenburg ° Marilyn Lane « Frank Byatt Non-Elected Members . Chair— Rev'd Elise Peterson e Associate Minister— Rev'd David Stainer e Wardens — Stephanie Bare & Rob Willoughby e Maintenance Reps —/ Stephanie Bare ° Deanery Synod - Albert Summers

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THE PARGCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registratlon No. 1127337)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2020

STRUCTURE, GOVERNANCE AND MANAGEMENT

The church is governed by the Parochial Church Council Powers Measure (1956) as amended and by church representation rules. The church is a charity, registered with the charity commission. The method of appointment of PCC members is set out In Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.

OBJECTIVES AND ACTIVITIES

Rainham Parish Church Council has the responsibility of co-operating with the incumbent, the Rev'd. Elise Peterson, in promoting in the ecclesiastical parish the whole mission of the church, pastoral, evangelistic, social and ecumenical. It also has the maintenance responsibilities for the Church centre complexes of St Helen and St Giles.

Background information

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The church (St Helen and St Giles, a unlque conjunction) was given by Richard de Lucy, Grand Justiciar of England, 1179, to his Abbey of Lesness, and probably was built, or rebuilt, about that time. The body of the church is late Norman, with windows of later insertion. The low massive square tower Is early English, and has heavy butresses and modern brick battlements. A doorway south of the chancel has a fate Norman arch, with good chevron mouldings and grotesque heads to the small caps, The chancel arch is Norman with plain mouldings. The pier arcades have square shafts and dentil mouldings to the caps. The only noteworthy memorial is a late 15th century brass of a civilian and his wife, without an inscription. Charles Churchill, the poet, was curate to his father, who was rector of Rainham, about 1756-58 and Is said to have opened a school here, which was not successful.

Mission statement

: Our mission is to engage with the whole community and build relationships with the different groups of people here, sharing God's love through the good news ofJesus Christ in practical and relevant ways.

ACHIEVEMENTS, PERFORMANCE ANB BACKGROUND INFORMATION

Church attendance . There are 107 (2019: 111) people registered on the Electoral Roll and attendance is approximately 54 adults and 6 children attending the service on average ( with COVID restrictions taken into account).

Review of church council and church meeting business during the year.

Meeting of the PCC members are held approximately every six weeks. Copies of the minutes are available to church members on request after they have been signed and agreed by the PCC, for all members of the parish to read.

Treasurer's review of the year

! would like to thank Alan Dell and Stephanie Bare for their continued help in organising the counting and paying in of the weekly collections during 2020, as well as all the members of the PCC for their help and support during the most difficult year. | would also like to thank the congregation for its continued support towards the funding of the church whether through regular standing orders or by whatever means that they have managed to contribute this past year.

During the course of the year we incurred expenditure of £2,915 for the church which comprised mainly Music and Equipment Licensing, Electrical testing and the tuning of the Church Organ (this is necessary). We also incurred expenditure for the church roof of £234 and the Vicars house totalling £1,341 for redecoratlng/ removal of garden waste and rubbish.

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. Page 3 THERRPAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISHefOF RAINHAM, EADIOCESEENE OFMEIER CHELIISFORDVRE (Charity Registration No. 1127337)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2020

Treasurer's review of the year continued

With regard to RPC staffing Alan Dell continued in his role of Office Administrator, Glen Philips as Caretaker and Kim Treweek as Cleaner.

The Ship is financed by donations and is managed by Shirley Philips, her salary was financed by RPC. The Ship has two part time employees on its payroll Joanne Barclay and Suzy Timcke who are responsible for the preparation and cooking of the food.

Giving Income in 2020 was £92,047 (not including Gift Aid). In addition to this, gifts totalling £4,820 were donated to support the running costs of The Ship, additionally we have claimed a tax refund of £15,000; Totalling £111,867 (£133,449 in 2019).

Donations from RPC for 2020 were as follows:

in 2020 the PCC maintained monthly payments of £3,000, plus paid an addltional £6,000 to the diocese for January and February making a total contribution of £42,000. We will continue to pay £3,000 in 2021 and this will be further reviewed during the course of the year.

Our Restricted Funds performed as follows:

The Youth Work fund (Open £916, Close £919) accrued interest in the year £3 The Church Restoration Fund (Open £2,038, Close £2,047) accrued interest in the year £9

Our separate deposit accounts containing the funds from the bequest of a late church member (these being unrestricted monies) together with interest eared containing unrestricted bequest monies closed in 2019 with a balance of £19,874 (2019 - £19,790). We also have endowments funds totalling £13,911.07 on deposit.

Property Purchase

We sold 260 Upminster Road North in 2019 and had planned to purchase a smaller property, unfortunately due to the impact of COVID and the uncertainty that has caused the PCC have not yet secured a smaller property as we had originally planned.

Other giving to organisations outside the parish was as follows:

We continued to support CPAS on a monthly basis. We pald them £30 a month, £360 in total. | close this, my fifth and final report with sincere thanks to all those who have supported and given encouragement to me during my time as Treasurer, we continue to face many challenges in 2021 and | wish the PCC the very best in making the right decisions to enable the church to move forward in the right direction over the coming years.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD {Charity Registration No. 1127337)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2020

FINANCIAL REVIEW

Total income on ordinary unrestricted funds was £124,976 (2019 - £146,366 plus the gain on the property disposal of £85,106), on restricted funds £30 (2019 - £11,284) and £1,175 (2019 - £2,246) on endowment funds. The balance of endowment funds as at 31 December 2020 was £13,912 (2019 - £12,737) All three are detailed in the financial statements.

Total unrestricted expenditure amounted to £146,304 (2019 - 156,446}, this included the church's contribution to the diocesan family purse of £42,000 (2019 - £46,000}.

The net result for the year was a deficit on unrestricted funds of £21,328 (2019 - Deficit £10,080}, and a deficit on restricted funds of £128 (2019 - Deficit £1,060). Other than changes in the market value of investments there was no income on the endowment fund.

RESERVES POLICY

It is the PCC policy to maintain a balance on unrestricted funds (if possible), which equates to approximately six months' - unrestricted payments, to cover emergency situations that may arise from time to time. The balance at the year end totals £467,335, however £88,971 of the balance relates to freehold property, which in the event of an emergency situation is not a liquid resource, leaving a true balance of £378,364.

The restricted funds which had a balance at the year end related to the Church Communications Project which stood at £2,566 and the designated funds for Church Tower Restoration which stood at £1,499.

It is our policy to invest the majority of our funds balances with the CBF Church of England Deposit Fund.

RESPONSIBILITIES OF THE PCC

The Members of the PCC are responsible for the preparation of a Statement of Financial Activities and Balance Sheet for each financial year, which comply with Section 130 of the Charities Act 2011 following the guidance for accounting for smaller charities issued by the Charities Commission,

Our responsibilities as members of the PCC Include keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charlty and enable us to ensure that the Accounts comply with the Charities Act 2011. We are also responsible for safeguarding the Church's Assets and hence for taking reasonable steps for the prevention and detection of fraud and breaches of law and regulations.

St Helen's Church Hall St Helen's Court Upminster Road South Rainham, Essex RM13 9YU

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Rev'd Ellse Peterson
24 q
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELIVSFORD {Charity Registration No. 1127337)

INDEPENDENT EXAMINERS' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2020

This report on the Accounts of the PCC for the year ended 31 December 2020, which are set out on pages 6 to 13 inclusive, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 and Section 145 of the Charities Act 2011.

Respective responsibilities of Trustees and Examiner

As members of the PCC you are responsible for the preparation of the Accounts; you consider that the audit requirement of Regulation 3(3) of the Church Accounting Regulations 2006 and Section 144(2) of the Charities Act 2011 (the Act) do not apply. It is my responsibility to issue this report on those Accounts in accordance with the terms of the Church Accounting Regulations 2006 and the Charities (Accounts and Reports) Regulations 2008.

Basis of Independent Examiner’s Report

My examination was carried out in accordance with the General Directions given by the Charity Commission under Section 145(5){b) of the Act and to be found In the guidance from the CBF. That examination includes a review ofthe accounting records kept by the PCC and a comparison of the Accounts with those records. It also includes considering any unusual items or disclosures in the Accounts and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the view given by the Accounts.

Independent Examiner's Statement

in accordance with my examination, no matter has come to my attention which gives me reasonable cause to believe that, in any material respect, the requirements

to prepare Accounts which accord with the accounting records and to comply with the requirements of the Act, as also contained in the Church Accounting Regulations 2006

have not been met, or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the Accounts to be reached.

Riverside House

1-5 Como Street Romford Essex RM7 7DN

D M Belbin BSc FCA DChA Independent Examiner Clemence Hoar Cummings Chartered Accountants eBAL OFL...2024

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)

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STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31ST DECEMBER 2020

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |31.12.20|31.12.19| |General|Restricted|Endowment|Total|Total| |Funds|Funds|Funds|Funds|Funds| |Note|£|£|£|£|£| |Donations and|Legacies|2{a)|111,867|26|~|111,893|133,449| |Charitable|Activities|2(b)|11,592|-|-|11,592|20,388| |Church|Hail|Hire|2{(c)|1,056|-|-|1,056|3,322| |Investments|2(d)}|461|4|-|465|491| |TOTAL INCOMING|RESOURCES|124,976|30|-|125,006|157,650| |EXPENDITURE|ON:| |Church|activities|3{a)|146,304|158|-|146,462|164,901| |Cost|of activities|for generating funds|3(b)|-|-|-|~|3,889| |TOTAL RESOURCES|EXPENDED|146,304|158|-|146,462|168,790| |NET SURPLUS/(DEFICIT)|FOR THE YEAR|(21,328)|(128)|-|{21,456}|(11,140)| |UNREALISED|GAINS ON|INVESTMENTS|-|-|1,175|1,175|2,246| |NET TRANSFERS TO|RESTRICTED|FUNDS|(904)|904|-|-|-| |GAIN|ON|DISPOSAL|OF|PROPERTY|it|-|-|-|-|85,106| |NET MOVEMENT|IN|FUNDS|(22,232)|776|1,175|(20,281)|76,212| |BALANCES|BROUGHT|FORWARD|AT| |1ST JANUARY|2020|489,567|£|4,208|£|12,737|£|506,512|£|430,300| |BALANCES|CARRIED|FORWARD|AT| |31ST DECEMBER 2020|£|467,335|£|4984|£|13,912|£|486,231|£|506,512|

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)

BALANCE SHEET

AS AT 31ST DECEMBER 2020

Note 31.12.20 31.12.20 31.12.19 31.12.19
£ £ £ £
FIXED ASSETS
Tangible fixed assets 5a 88,971 88,971
Investment assets 5b 13,912 12,737
102,883 101,708
CURRENTASSETS
Debtors 6 26,126 11,000
Diocesan Central Board of Finance 28,655 28,534
Cash at bankand in hand 329,094 369,036
383,875 , 408,570
LIABILITIES:
Creditors - amounts falling due
within one year A 527 3,766
NETCURRENTASSETS 383,348 404,804
NETASSETS £ 486,231 £ 506,512
FUNDS
General 8 467,335 489,567
Restricted 8 4,984 4,208
Endowment 13,912 12,737
£ 486,231 £ 506,512

Approved by the Parochial Church Council on AA. May.....2021 uhh — Officer /

(BO arolale Church Officer

QW

Treasurer

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; TRE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELIMSFORD (Charity Registration No. 1127337)

NOTES TO THE ACCOUNTS

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FOR THE YEAR ENDED 31ST DECEMBER 2020

1. ACCOUNTING POLICIES

a) Basis of accounting

The financial statements have been prepared under the historic cost convention, in accordance with the Church Accounting Regulations 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102 (Charities SORP FRS 102) and the Charities Act 2011.

In preparing the financial statements, the trustees have considered whether in applying the accounting policies required by the Charities SORP FRS 102 the restatement of comparative items was required. There were no changes to the accounting policles of the charity as a result of the adoption of FRS 102.

b) Funds

Restricted funds represent donations or fundraising income invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund.

Where funds received have been restricted for the purchase of fixed assets, the value of the specific object is transferred at the purchase date from the restricted fund to the general fund in the Statement of Financial Activities.

General Funds represent funds of the church council that are not subject to any restrictions regarding their use and are available for application on the general purposes of the Church. Funds designated by the Church Council for a particular purpose are also unrestricted.

c) Income Resources

All income and endowments are included in the statement offinancial activities when the Church is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

d) Resources Expended

Expenditure is recognised on an accruals basis asa liability is incurred. Expenditure includes any VAT which is reported as part of the expenditure to which it relates:

; THE ECCLESIASTICAL PARISH PARISH OF RAINHAM, {Charity Registration No. 1127337)

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH PARISH OF RAINHAM, DIOCESE OF CHELIMSFORD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2020

1, ACCOUNTING POLICIES CONTINUED...

Fixed assets

The church's freehold property is stated at its cost amount. No depreciation is charged on the asset as the current market value is considered in excess of the book value shown.

investments whether by way of loan or transferable security are valued at market value.

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |2.|INCOME AND|ENDOWMENTS|31.12.20|31.12.19| |General|Restricted|Endowment|Total|Total| |Funds|Funds|Funds|Funds|Funds| |£|‘£|£|£|£| |a)|Donations|and|Legacies| |Planned|Giving:| |Envelope|scheme|9,839|-|-|9,839|21,710| |Gift Aid|80|-|-|80|-| |CAF &|charities|trust|49,162|~|-|49,162|39,793| |Tax|refund|15,000|~|-|15,000|15,103| |Collections|(Cash|offering)|4,303|~|-|4,303|11,931| |The|Ship|31,589|~|-|31,589|31,039| |Donations,|appeals,|etc.|1,894|-|-|1,894|12,607| |Church Tower|Restoration|Fund|-|26|-|26|1,266| |111,867|26|-|111,893|133,449| |b)|Charitable|Activities| |Rents|received|{|Ship|flat|}|9,425|~|-|9,425|5,538| |Church|office|income|2,167|-|-|2,167|4,114| |Mr|N|Pucenot Youth|Worker|-|~|-|-|10,000| |Other|fundraising|activities|-|-|-|-|736| |11,592|-|-|11,592|20,388| |c}|Income|from|church|activities| |Church|hall|hire|1,056|-|-|1,056|3,322| |1,056|-|-|1,056|3,322| |d)|Income|from|investments| |Dividends|and|interest|A61|4|-|465|491| |TOTAL INCOMING|RESOURCES|124,976|30|-|125,006|157,650|

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In 2019, £11,284 of donation income related to restricted funds, with the balance of all other income totalling £146,366 relating to unrestricted funds.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD {Charity Registration No. 1127337)

NOTES TO. THE ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2020

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3. EXPENDITURE ON: 31.12.20 31.12.20 31.12.19
Genera! Restricted Endowment Total Total
Funds Funds Funds Funds Funds
£ £ £ £ £
a) Church activities
Donations 2,935 - - 2,935 1,382
Ministry: Diocesan Family purse 42,000 - - 42,000 46,000
Youth Worker Nicolas Pucenot - - - - 12,344
Church running and maintenance 59,376 158 - 59,534 54,101
Church hall running costs 5,436 - - 5,436 5,614
Parish office - - - - 3,900
Assist clergy house 1,436 - - 1,436 -
Incumbent housing 1,341 - - 1,341 140
Incumbent/Curate travel 141 - - 141 346
The Ship Expensesand Overheads 33,057 - - 33,057 37,516
Examination fees 582 - - 582 3,558
146,304 158 - 146,462 164,901
b) Raisingfunds
Other fundraising activities - - - - 3,889
- - - - 3,889
TOTALRESOURCES EXPENDED 146,304 158 - 146,462 168,790
In 2019, £12,344 ofexpenditure related to restricted funds, with the balance of£168,790 relating to unrestricted
funds.
4. STAFF COSTS 31.12.20 31.12.19
General Restricted Endowment Total Total
Funds Funds Funds Funds Funds
£ £ £ £ £
WagesandSalaries 53,041 - - 53,041 50,215

The PCC employs a youth worker, one part-time administrative assistant, a part-time hall caretaker & hall cleaner. The cost of the administration staff has been split between the running costs of the church and the church hall using a ratio of 9:1 based on tasks carried out. Staff costs for The Ship have been included in the expenses and overheads in note 3.

The average numberofemployees duringthe yearwas as follows; 31.12.20 31.12.19
No. No.
The Church 4 4
The Ship 2 2
Total 6 6

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD

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(Charity Registration No, 1127337)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2020

5. FIXEDASSETS Freehold Audio Church Hall
a) Tangible Property Equipment Equipment Total
£ £ £ £
Cost
As at IstJanuary 2020 88,971 15,223 7,880 112,074
Addittons - - - -
Disposal - - - -
As at31st December2020 88,971 15,223 7,880 112,074
Depreciation
As at 1stJanuary 2020 - 15,223 7,880 23,103
Charge fortheyear - - - -
As at 31st December2020 - 15,223 7,880 23,103
NetBookValue as at 31st December 2020 88,971 - - 88,971
NetBookValue as at31st December 2019 88,971 - - 88,971
b) Investments Unlisted
Investments
£
Marketvalue at 1January 2020 12,737
Unrealised surplus 1,175
Marketvalue at31 December 2020 £ 13,912
Duringtheyear no investments were purchased orsold. The marketvalue at31 December 2020 represents investments as
follows.
Endowmentfunds £ 13,912
31.12.20 31,12,19
6. DEBTORS £ £
Tax recoverable 26,000 11,000
Other debtors 126 -
f 26,126 £ 11,000
7. LIABILITIES
Amounts fallingdue within one year
Accruals 527 3,766
£ 527. £ 3,766
  1. FUNDS

Youth Work

This fund has been set up to cover the costs of youth activities provided by the church. Incoming resources for the year totalled £7 (2019: £4), which represents the proceeds of fund-raising and investment income specifically thereon.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD

{Charity Registration No. 1127337)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2020

8. FUNDS CONTINUED..,

Balance at Incoming Outgoing Gain on Balance at
1.1.20 Resources Resources Disposal Transfers 31.12.20
£ £ £ £ E
Restricted Funds
YouthWork{ Incl. lvyPoplar Bequest } 11 4 - - 904 919
Church Tower Restoration 2,698 26 (158) - ~ 2,566
Church Communications Project 1,499 - - - - 1,499
£ 4,208 £ 30 £ {158} - £ 904 £ 4,984
General Funds
General Fund 487,529 124,967 (146,304) - (904) 465,288
Designated Funds
Church Restoration Fund 2,038 9 - - - 2,047
£ 489,567 £ 124,976 £ (146,304) - £ (904) £ 467,335
Endowment Funds
Endowment Fund 12,737 1,175 - - - 13,912
£ 12,737 £ 1,175 £ - - £ - £ 13,912

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Reglstratlon No. 1127337)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2020

8. FUNDS CONTINUED...
Prior Year
Balance at Incoming Outgoing Gain on Balance at
1.1.19 Resources Resources Disposal Transfers 31.12.19
£ £ £ £ £
Restricted Funds
Youth Work ( Incl. lvy Poplar Bequest} 4 7 - - - 11
Nicolas Pucenot - 10,000 (12,344) - 2,344 -
Church Tower Restoration 1,432 1,266 - - - 2,698
Church Communications Project 1,488 41 - - - 1,499
£ 2,924 £ 11,284 £ (12,344) - £ 2,344 £ 4,208
Genera} Funds
General Fund 414,873 146,351 {156,446) 85,106 (2,355) 487,529
Deslgnated Funds
Church Restoration Fund 2,012 45 - - 11 2,038
£ 416,885 £ 146,366 £ (156,446) 85,106 £ (2,344) £ 489,567
Endowment Funds
Endowment Fund 10,491 2,246 - - - 12,737
£ 10,491 €£ 2,246 £ ” - £ - €£ 12,737
2020
9. ANALYSISOFNETASSETS BYFUND General Restricted Endowment Total
Funds Funds Funds Funds
£ £ £ £
Fixed assets 88,971 - 13,912 102,883
Current assets 378,891 4,984 - 383,875
Current liabilities (527} - - {527)
£ 467,335 £ 4,984 £ 13,912 £ 486,231
PriorYear 2019
General Restricted Endowment Total
Funds Funds Funds Funds
£ £ £ £
Fixed assets 88,971 - 12,737 101,708
Current assets 404,362 4,208 - 408,570
Current llabilities (3,766) - - (3,766)
f£ 489,567 £ 4,208 £ 12,737 £ 506,512

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD STATEMENT OF FINANCIAL ACTIVITIES {Charity Registration No. 1127337)

SHIP ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2020

ee

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||||||||| |---|---|---|---|---|---|---|---| |2020|2019| |GALLEY| |Donations|28,626|30,364| |Donations|received|from|Fairtrade,|Gifts &|Cards|2,963|3,985| |31,589|34,349| |Cost of supplies|4,820|10,552| |4,820|10,552| |GROSS CONTRIBUTION|26,769|23,797| |EXPENSES| |Repairs &|renewals|1,368|5,609| |Sundry|1,775|1,044| |Wages|17,528|14,773| |Telephone|1,020|814| |Refuse|removal|1,999|1,885| |Rates|70|858| |Heat &|Light|3,892|4,453| |Services|585|837| |(28,238)|(30,274)| |NET TRADING|(DEFICIT)|£|(1,468)|£|(6,477)| |Flat Income|9,425|5,538| |~|NETSU RPLUS/(DEFICIT)|7,957|(939)|

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This page does not form part of the examined accounts