Charity Registration Number: 1127825
Also including linked Charity Registration Number 1127825-1
## THE PARISH OF THE BOURNE
ANNUAL REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 31ST DECEMBER 2020
## THE PARISH OF THE BOURNE
## INDEX TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST DECEMBER 2020
PCC Information
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“Council Members’ Report
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Independent Examiner's Report
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Consolidated Statement of Financial Activities
## Balance Sheets
Notes to the Financial Statements
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Pages 2 to 6
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Pagel
|||THE PARISH OFTHE BOURNE||
|---|---|---|---|
|||PCC INFORMATION||
|Principal Address||The Parish ofThe Bourne||
|||Parish Office||
|||StThomas’ Church||
|||Frensham Road||
|||Farnham||
|||Surrey||
|||GUS 8HA||
|Parochial Church Council Members||Members ofthe PCC are eitherex-officio, co-opted orelected bytheAnnual||
|||ParochialChurch Meeting in accordance with theChurch Representative Rules,||
|||Elected members serve for a period ofthree years,
Anew member must be proposed||
|||and seconded tobe able toserveon thecouncil and mustbe|registered on the electoral|
|||roll ofthe parish, The number of people on the electoral roll in April 2020was 227||
|||(210 in April 2019), PCCmembers are replaced as they retire.||
|||Ex-officio members ofthe PCC include deanery and diocesan|synod members,|
|||churchwardens and clergyand lay ministers.||
|||The PCC may co-optup to 2 members.||
|||During the year the following served as members ofthe PCC:||
|Ex - officio members:||||
|Clergy||The Revd John Morris, Vicarand PCC chair||
|||The Revd Liz Lane, Curate||
|||The Revd Elaine Collins, Assistant Curate (resigned during theyear)||
|||The Revd Sandy Clarke, Curate||
|Licensed Lay Minister||Geraldine Molony||
|DeanerySynod Representatives||Yvonne Bryant (elected during the year)||
|||JanetStephen (elected during the year)||
|Churchwardens||Michéle England||
|||Peter Neukom||
|Elected PCC Representatives:||||
|PCC Representatives :||Mike Barter(elected during the year)||
|||David Brown||
|||Michael Cock (Treasurer)||
|||Stewart Davidson||
|||Frances Garland||
|||Geoff Hooker (resigned during the year)||
|||Keith Newman||
|||Martin Quicke||
|||Jacqui Sellers||
|||Pamela Wagerfield (resigned curing the year)||
|||Brian White (elected during the year)||
|||Ann Williams (elected duringtheyear||
|Co-cpted:||Anne Williams||
|||Ruth Moore||
|PCCSecretary|:|Nigel Lewis||
|Bankers:||CCLAInvestmentManagementLimited|LloydsTSBBank PLC|
|||The CBF Church ofEngland Funds|75 Castle Street|
|||80 Cheapside|Farnham|
|||London|Surrey|
|||Ec2V 602|GUS 7LT|
|||LloydsTSB Bank PLC||
|||75 Castle Street||
|||Farnham||
|||Surrey||
|||GUS 7LT||
|Legal Advisers:||Charles Russell LLP||
|||Buryfields House||
|||Bury Fields||
|||Guildford||
|||GU2 4AZ||
|Independent|Examiners:|Wise&Co.||
|||Chartered Accountants& Statutory Auditors||
|||Wey CourtWest||
|||Union Road||
|||Farnham||
|||Surrey||
|||GUS7PT||
THE PARISH OF THE BOURNE
Page2
COUNCIL MEMBERS REPORT YEAR ENDED 31ST DECEMBER 2020
1. Legal Status
Parish of The Bourne Parochial Church Council is registered with the Charity Commission, charity number 1127825 and forms part of the Diocese of Guildford. The PCC report also includes, with effect from 2014, the linked charity The Bourne Youth Trust, charity number 11227825-1.
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|The|PCC members|are|trustees|of the|Bourne|Youth|Trust.|
|2,|Aims and|purpose of the|PCC|
|The|PCC has the|responsibility of co-operating|with the|Incumbent|in|promoting,|in the|ecclesiastical|parish, the|whole mission|of the Church,|pastoral,|evangelistic,|social|and|ecumenical.|It|
|also|has|maintenance|responsibilities for the churches|of|St.|Thomas-on-The-Bourne|and|St.|Martin|by the|Green|and|Brambleton|Hall.|The|parish|vision|is:|‘Radiating|God's|love:|
|transforming|lives|and|communities’.|The|PCC believe|that|reaching|out to those in|its|community|— whether churchgoers|or not — is|essential|to|its|underlying|mission.|The many|activities|
|listed|in|this|report|are|open to|all who|wish|to|participate|and|the|PCC believes|that|this|fulfils the|Charity Commission|requirement to|operate|in the|public|benefit.|
|3.|Aims|and|purpose of The Bourne Youth Trust|
|The|Bourne|Youth|Trust|(BYT)|has a|range|of objectives to serve|the|needs|of|children|and|young people|within|the|area|including|youthwork,|youth|clubs,|education|and|training.|Bourne|
|Youth|Trust funds|are|invested,|and|interest and dividends|earned|during|the year are|transferred|to|Bourne|Parish|Youthwork|to enable|the|parish|to|support|a|range of activities with|
|children|and|young|people.|This|is|in|line with the|BYT's|objectives|and|is|in the|public|benefit.|
|4.|Structure, governance|and|management|
|The|PCC|meets|every two|months|to oversee|the|financial|affairs|of the|parish, the|maintenance of|its|assets|and to|promote|the|mission|of the|church.|A Standing|Committee|is responsible|
|for|decision-making|between|meetings;|its members are|Revd John|Morris|(chair)|Peter Neukom,|Michéle|England,|Michael|Cock,|Nigel|Lewis,|Revd|Liz|Lane and Revd|Sandy|Clarke.|
|To widen|participation|and|effectiveness|the PCC has established|a number|of Working Groups to|oversee day-to-day running of the|parish's|activities;|Buildings & Grounds,|Children &|Youth,|
|Communications,|Finance|Stewardship & Administration,|Environmental|and|Worship|and|Spiritual Growth,|Recommendations from|the Working Groups|requiring PCC approval|are|
|highlighted|in|reports|sent to the|PCC members|prior to each|PCC meeting.|
|Safeguarding|
|The|PCC regards the|safeguarding|of children & vulnerable adults|as|a|priority and|pays|due regard|to guidance|issued|by the House|of Bishops|relating|to|it.|No person|included|in|a|barred|
|list (within|the meaning of|the|Safeguarding|Vulnerable|Groups|Act 2006)|er convicted|of an offence|mentioned|in|Schedule|1 to the Children|and Young|Persons|Act|1933|can|serve as a|
|member of the|PCC,|its Secretary|or its Treasurer.|Furthermore,|it|is|PCC|policy|that:|
|e|All|clergy with|authority to|officiate will|have|to|participate|in diocese approved|arrangements|for training|in|matters|
|relating|to|the|safeguarding|of children|and|vulnerable|adults.|
|.|Safeguarding training|will|be provided for|PCC members and|other|parishioners,|
|.|Clergy must|be|satisfied|that that person|from|another|parish|is af good standing|before they|can|perform|in the|parish.|
|.|Clergy who|are prohibited|or suspended|under the Clergy|Discipline|Measure|will|not|be permitted|to|robe|during|
|divine|service,|
|The PCC believes|it has complied with|its duty to have due regard|for the|House|of Bishops’ guidance on safeguarding children and vulnerable|adults under section 5|of the Safeguarding|and|
|Clergy Discipline|Measure|2016. The|parish’s safeguarding|policy|is|available on the|parish|website and|complies with|Church|of England|arrangements|introduced or modified|in 2017 and|
|2018.|
|5.|Objectives|and|activities|
|The key objectives|and|activities|of the|PCC|and the linked|charity The|Bourne Youth|Trust are outlined|below|and|serve the|public|interest through|providing a|broad|range|of services and|
|activities to|those|in|our|local community:-|
|.|Maintaining|places|of worship which|provide an opportunity|for|all|in the|community to attend|regular|services.|
|These|include|conducting|baptisms,|marriages and|funerals|and|also services|celebrating|the|major religious|festivals|
|.|Supporting|the|spiritual|development|of our|parishioners,|by various|approaches,|including:-|
|0|Training|those who|wish|to|enter|ministry|in|the Church|of England,|ranging from|full-time|stipendiary|clergy to|lay ministers.|
|©|Providing a|broad|range|of|styles|of|service,|from|formal|and|traditional|to|informal and|free,|to|ensure the|
|parish|provides|appropriately|for|a|wide|range|of worship|opportunities.|
|©|Helping|all who|wish to|grow|their spiritual|awareness|and understanding|through|providing teaching,|courses|
|and|specially-formulated acts|of worship|as|well|as|helping to|prepare people for baptism,|confirmation|and|marriage.|
|For much of 2020|our|activities were|constrained|by the|Covid|19|pandemic|but many|activities|in|support|of our mission|and|ministry continued|in|various|forms.|
|0|During the|several|periods when|churches|had|to|closed|due to the|pandemic services|continued|online. They were|either|pre-recorded|or streamed|live.|
|©|Lent groups continued|online with the|subject of the Church of|England’s|debate|on|‘Living|in|Love|and|Faith’|
|o The|number|of|Bible|study groups|increased|with|people|meeting|online|via Zoom.|
|.|Providing|space and|services for community|activities|serving|many|age groups.|In 2020 this|included|the following|activities:-|
|©|Sadly,|the weekly|‘Babes and|Tots’ group for young children|and|their parents and|with|regular|bible stories|for the children fram members of the ministry team|
|had|to be suspended|for|most|of|the|year.|
|©|Regular|coffee|mornings|(at St Thomas's|and|St|Martins)|for members|of the church|and|local community were|maintained|for most|of the|year but to comply|
|with|government|restrictions|were|held|in the grounds|of|St Thomas|in the|open|air,|
|o|We continued|to|provide|a|venue|for local|and|national|election|polling|stations.|
|©|Providing|accommodation|for social|and community groups,|notably a|Boxing|Club|at Brambleton|Hall,|Sadly,|the|nursery|business|ceased to trade.|
|0|Maintaining and|increasing ongoing outreach|via|visits|and Zoom|or|pre-videoed|assemblies to our|local|schools,|
|.|Providing|facilities for local|musical and cultural groups|to|perform|to the|public.|in|2020|this|included:-|
|9|Aseries|of|lunchtime|concerts|at|St Thomas’s,|
|©|Concerts|by|our own choir and|other|local|choral|and|orchestral|groups.|
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## THE PARISH OF THE BOURNE
COUNCIL MEMBERS REPORT YEAR ENDED 31ST DECEMBER 2020
5. Objectives and activities (continued)
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|.|Continue to develop|a|large|choir including|adult|male and younger boy|and|girl choristers|to|be|one|of the best|
|Parish|choirs|in|the|country. The|aim|is for the|choir to|enhance|our worship,|and|enable the church|to|reach|out|
|to|those|in the community who wish to|develop|their|choral|and|musical|ability,|and|to|their|families. The|parish|
|also|has a|chamber choir.|
|In|2020:-|
|©|The|PCC funded|employment of a|part-time|director of music|and|organist.|
|©|The|choirs were|unable|to perform|for most|of|2020|due|to|Covid|restrictions.|
|.|Assisting other|charities to|raise|funds,|in|addition|to|fund-raising|on|behalf|of the|PCC.|In|2020|this|included:-|
|©|Several fund-raising|activities|on|behalf|of the|parish.|
|9|The|covid|pandemic|meant|that the|various events|and|other|activities|in|support of|Christian|Aid|and the|Christmas|Fair|in|support|of the|local|Phyllis Tuckwell|
|hospice were|not|able to take|place.|The|parish|did|support|various|online|charities,|including donating|the|proceeds|of the annual|Remembrance|Day|service|to|
|the|British|Legion,|
|.|Communicating with|all who|wish to|know|more about the|parish and|its|activities|
|©|Producing|and|distributing|a|high|quality church|and community|magazine|free to|all|residents|of The|Bourne|parish|three|times|a|year.|
|6|Initiating|a|regular|electronic|newsletter|to|all|who wish|to receive more frequent|updates on|parish|activities|
|©|Maintaining|a well-designed|and|easy to|access|website,|and|a|Facebook|page|for|existing|and|potential|
|members|to|learn|about|current|and|planned|activities,|
|The|PCC believes|that|reaching|out|to|those|in|its|community — whether|regular|churchgoers|or|not —|is|essential|to|its underlying|mission. The many|activities outlined|above|are open|to|all|
|who|wish|to|participate. The work|of the|PCC|is made|possible|by the|participation and|commitment|of many|volunteers.|
|6.|Achievements and|performance|in 2020|
|In 2020,|specific|objectives|of the|parish|are|listed|below:|
|a)|Safeguarding.|A safeguarding|audit|is to|be carried|out|by the|Vicar and Churchwardens|
|b)|Induction|of the|new|curate|
|c)|Agreement|with|Waverley|Borough|Council|to|allow|parish|use|of the|land|behind|Brambleton|Hall|for|a|new|play area|
|d)|Parish|Vision|Day|and|church developmentplan renewal|
|2)|Torenew the|electoral|roll|and|complete the compliance|process|for church|members|to|consent to|receiving|communications|from|the|parish,|in|line|with|data|protection|regulations|
|{GDPR)|
|f)|New|process for|annual|financial|stewardship|including|a|Gift|Day|
|g)|Enhancement|of the communications|within the|parish,|both|internally|and|externally|
|h)|Awholesale|review|of administration|and|office operation|followed|by the|implementation|of processes,|tools|and|training|to|support and|maintain the|growth|of the|parish|
|i)|The consolidation|of the|extension|to the Garden|of|Remembrance|
|Despite|the|Covid|pandemic and the restrictions|placed|on|church|and|other|activities,|most|objectives were|met|in|2020.|Due to the|suspension|of services|and consequent|loss|of|income|
|from|collections|and|income|from|hiring|out|of|facilities,|the|parish|recorded a|cash|deficit and|further|details|can|be found|in|the|financial|report.|
|The|PCC was|particularly|pleased with|the following outcomes:|
|*|Despite|the|restrictions,|attendance|levels|at|parish|services|in the|various|churches were|almost|as strong|as|permitted.|Pre-recorded|online|services proved|to|be very popular|
|when|our churches were|forced|to|close with|large|numbers|attending|services over|the|Christmas|period|and|a good|attendance|on|Remembrance|Sunday|for|an|‘outdoors|only’|
|service.|The|PCC|is|very grateful|for the work|of Gordon Tyerman|in|recording|and|live-streaming|services|from|St Thomas’s|throughout|the|lockdown,|
|*|Sadly,|the Youth|Minister we|had|recruited|moved|on|to|another position|in|London.|
|*|The Sunday|afternoon|congregation|at gather@4|in|Brambleton|Hall|grew|slightly.|
|*|Maintaining|a|consistently|high|standard|of|choral|music|and|through|this,|fostering connections with many|local|families|proved|to be|extremely|challenging|during|the|
|pandemic.|Some|excellent|recorded|music was|offered|as|part|of the|pre-recorded|services,|but|choir|activities|for the most|part were|forced|to be|suspended.|
|* The high|level of support from volunteers enabled the communications|to be enhanced withweekly eNewsletters and timely online updates. The PCC is extremely grateful|for|
|the|work|of the|Communications|team|led|by Vanessa|Horne|and Janet Windeatt|in|making|the|weekly|newsletters|such|an|important|aspect|of outreach|during the|pandemic.|
|*|Office|administration|and|oversight|of the|introduction|of|new|office systems|has|been|led|by|Dr|Keith|Newman.|
|«|Asafeguarding|audit|was|achieved|highlighting|training|needs|amongst|several|PCC|members|and|key|stakeholders|and|volunteers|in|the|parish,|
|*|The|Parish|launched|a|dedicated|helpline|for those needing|assistance|with|shopping|or|collecting|prescriptions|during|the|pandemic.|This|was widely|used|and|valued|during|
|2020|and|the|PCC is|grateful to those|parishioners who|co-ordinated|this|activity —|led|by|Nigel|Cuthbert and|Peter Neukom|- and|manned|the|helpline.|
|*|The|clergy team|made|sure|that those|living|alone|and other|vulnerable|adults|received|regular phone|calls|with|offers|of assistance|
|The|major decisions|made|by the|PCC during|2020|are|listed|below:|
|*|Adoption|of the|Parish|Safeguarding Arrangements|for|2020|
|*|Approval|of the|sale of|a|small|strip|of land|in the|old|churchyard|to|a|neighbour,|subject|to|certain|conditions|including|no|costs|incurred|by the|parish.|
|*|Approval|of expenditure|on|video|equipment to|enable|livestreaming and recording|of services fram|St Thomas's|during|lockdown|
|¢|Approval|of various|arrangements|for|furloughing|of staff during|lockdown,|all|subject to|a|provision|that the|PCC will|continue to|ensure|that|salaries|are|‘topped|up’|to|at|least 90%|
|of full|salary,|
|*|Some|decisions|relating|to|potential|expenditure on|church|infrastructure|and|adoption|of a|new outward|giving|policy were deferred|until|the|recovery of the|vicar following|his|
|operation|and|the|ending|of lockdown|restrictions.|
|e|=©PCC thanked|Revd|Elaine|Collins|for her|inspiring|ministry|to the|parish|over|11|years|
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## Ministry update
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|*|Revd|Elaine|Collins|left|the|parish|to|continue|her|ministry|in|Haslemere,|
|*|Revd|Sandy|Clarke,|our|curate,|was|ordained|priest|in|October|2020.|Sandy continues|to bring|significant|benefits|to the|parish|with|her|ministry,|gifts|and|skills,|
|*|Jane|Quicke|completed|her|training|and was|licenced|as|an|LLM,|
|«|Frances|Garland|took|up|PTO|in the|parish.|
|Safeguarding|
|*|The|Parish|Safeguarding|Arrangements|were|adopted|by|the PCC and|most|PCC members|and|key workers|have now|completed|their safeguarding|training.|
|Buildings|and|Grounds|
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Safeguarding
## Brambleton Hall
* Refurbishment of the hall continued. The district council approved in principle the leasing of an area of land behind the hall to enable a new outdoor play area to be built, releasing land to the side of the hail currently used as an outdoor play area to be used for the building of a new boxing gymnasium, As the previous planning approval had expired, a fresh planning application was necessary and we are now waiting for all the paperwork to be approved to enable us to start work on the new boxing gym.
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## THE PARISH OF THE BOURNE
## COUNCIL MEMBERS REPORT YEAR ENDED 31ST DECEMBER 2020
## ‘St Thomas's and St Martins
* The planning application for change of use of the flat at St Thomas's was finally approved. The PCC is particularly grateful to Jahn Atkinson for his timely and diligent work on our buildings throughout the year.
Other decisions + Due to the pandemic, the monthly eNewsletter became a weekly eNewsletter. Due to the pandemic, the Parish magazine moved to an ‘online’ edition. * The parish’s adopted software (Church Suite, Expense Plus and Microsoft 365) continued to be implemented. * The Year of Music initiative for 2020 had to be cancelled due to the Covid 19 pandemic. * The PCC approved a proposal to explore the potential deconsecration and sale of a small segment of the Old Churchyard to a neighbour. Objectives for 2021
The PCC has identified the following priorities in 2021;+ To rebuild the congregations at all our centres of worship following the ending of Covid 19 restrictions. * To rebuild the parish activities that had to be suspended during the Covid 19 pandemic. * To finally achieve the handover of the land at Brambleton from the council and start work on fencing it and converting it to a play area. * To recruit a new Youth Minister, «To recruit a temporary Assistant Director of Music to assist Rob Lewis in training probationer choristers. + To develop the outreach of the parish via the internet and refine the live streaming of services.
7. Deanery Report 2020
Farnham Deanery Synod planned to meet on four occasions in 2020, repeating the rhythm established in 2019 of three evening meetings and one Saturday morning meeting.
- The first meeting was held at St Mark’s Shared Church in Bordon in January, Churchwardens had also been invited to attend and it was preceded by a Deanery communion service. The first topic was an update on the Deanery communications plan. The draft Deanery website was displayed and it will eventually include links to: (1) parish websites; (2) parish skills and resources; and (3) policies and templates of proven worth that may be adapted by other parishes, thus avoiding duplication of effort. Parishes were also reminded that the Church of England website “A Church Near You’ (www.achurchnearyou.com) was more likely to be consulted by the general public than a particular parish website, so it was important that the information on each page was up to date. The second topic was the recent reorganisation at Church House, and more specifically the implementation of the Parish Needs-Based Process, which represented a shift from a hierarchical diocesan structure to a Central Team that supported the parishes, Mission Enablers had been appointed to work with parishes to update their Church Development and Transforming Church Transforming Lives (TCTL) plans.
Finally, parishes were reminded that the triennial elections to Deanery Synod were to take place at the Annual Parochial Church Meetings (APCMs) in 2020.
Then the pandemic struck and the resulting lockdowns and extended periods of restrictions meant that the meetings planned for March, June and October had to be cancelled,
Asecond meeting was held in November (using Zoom) to take stock of how the parishes in the Deanery, and the Central Team, had been impacted by the pandemic. At the Deanery level, the twa major developments planned for 2020 — launching the Deanery website and discussing the implementation of the Deanery Handbook issued at the start of the year— had had to be postponed. For the Central Team, the Parish Needs-Based Process had also been halted. The pandemic had affected church finances at all levels. Although committed to supporting clergy and parishes throughout the pandemic, difficult decisions would have to be made and the Central Team had launched a Health and Viability Review of all parishes across the Diocese, Such a move was perfectly understandable in the circumstances but had caused some disquiet.
The Area Dean had already decided to implement one aspect of the Deanery Handbook - renaming and refocusing of the Standing Committee (with additional membership) as the Deanery Leadership Team (DLT). It now has the triple responsibility of: (1) leading the Deanery; (2) acting as the Deanery Mission and Pastoral Committee; whilst (3) remaining as the Standing (or Business) Committee. The benefits of this initiative would not be apparent until (some form of) normality returned in 2021. ; During the meeting, initial reactions to the Deanery Handbook were canvassed and some reservations were expressed — excessive ‘management speak’ anda lack of spiritual input and Scriptural foundations; Anglican-ceritric and no reference to existing ecumenical structures; previous experience of resistance to sharing beyond parish boundaries and structures; and overly ambitious in scope with insufficient resources for a forum that meets infrequently. The Area Dean closed the meeting by exhorting the clergy to attend future Deanery Synod and Clergy Chapter meetings in these uncertain and challenging times. The three representatives or) Deanery Synod were re-elected at the APCM in October, leaving one vacancy against the allocation (Deanery Handbookp 8), review 2020 Incoming resources 2020 Total incoming resources for 2020 rose significantly by £46,242 (16%) compared with 2019 to a total of £333,334. This was due to the unexpected receipt of 2 legacies (£62k) which more than offset the precipitous declines in unplanned giving, charitable and trading activities caused by the COVID-19 pandemic. . Although donations via the Parish Giving Scheme only decreased by 3%, all other forms of giving (excluding Gift Aid & Donations and Appeals) fell by £18,321 (23%) to £62,320. Plate collections suffered badly due to the suspension of services during lockdowns and from restricted congregation sizes at other times. . One positive consequence of lockdown was the uptake in online giving. Parishioners embraced this method for the first time, donating £3,277 in 2020. . Tax refunds received through Gift Aid rose slightly {£1k) compared to the previous year, but this was inflated by the inclusion of refunds relating to the last two months of 2019. . Parish fees for baptisms, marriages & funerals fell by £12,343 (59%) to £8,554 as most social gatherings were suspended during the lockdowns.
## 8. Financial review 2020
THE PARISH OF THE BOURNE
Page 5
COUNCIL MEMBERS REPORT YEAR ENDED 31ST DECEMBER 2020
Incoming resources 2020 continued
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|.|Donations|and fees|received|for the|use|of Church|buildings|fell|by|£14k|(40%)|in|2020 to|£20,191.|The nursery operating|out of Brambleton|Hall closed down|at|
|the|start|of lockdown,|causing|a|£8k|loss|in|income.|Boxing &|slimming|club|meetings|were|also suspended|for 8 months,|which|accounted|for the remaining|
|decrease.|
|.|Flat|rental|income|fell|by 57%|{£3k)|in|2020.|Tenants|moved|out|at|the|start of lockdown|and|it|has|since|remained|vacant.|
|°|Fundraising income was|€5k higher than the|previous|year,|Only|a|small|proportion|of the scheduled|“Year Of|Music”|events were held|due to the|pandemic,|
|but they|still|raised|£3,454|to|be|split|between|general & choir|funds.|
|.|Most|staff were furloughed|on|full|pay from|April. The|parish|claimed|£16,221|in|grants from|the Job|Retention|Scheme|to|avoid redundancies.|
|.|Investment|Income only decreased|by 2% to|£10,099|despite the|global|disruption|caused|by the|pandemic.|This was|due to|the 0.25% fall|in|deposit|account|
|interest|during the|year,|
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## Resources Expended in 2020
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|||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Total|resources|expended|fell|by|£37,249 to|£292,655|in|2020,|a|decrease|of over|11% vs|2019.|Resources|expended|include|a|substantial depreciation|charge on|fixed|assets|(mainly|
|property)|of £28,269|in|2020.|
|The underlying cause|of the|drop|in|expenditure was the|pandemic.|It|had|far reaching|effects|on|all parish|activities from|March|onwards,|particularly|in|the following|areas:|-|
|.|The|Bourne’s|Parish|Share|of Diocese funding|fell|by|£10k to £98,350,|due|to|a|COVID-19|support|refund|offered|by the|Diocese.|It|had|been|scheduled|to|remain|
|the|same|as|2019.|
|.|Employment costs were|£9,231|lower|at £60,247.|The Youth|Minister|post was vacant from|July,|reducing costs|by|£2,406|compared to|2019.|Overtime|
|payments were|curtailed as most|staff were furloughed|during|lockdowns,|
|.|Church|running expenses were|cut|by|£11,909 (39%) to|£18,633|as|services,|social|and|in-person|pastoral|activities were|suspended|for much|of the|year.|
|.|Church grounds|costs were|£6k|lower than the|previous|year because of work on the|Garden|of|Remembrance|extension|in|2019,|
|*|Diocesan|fees|for baptisms,|marriages|& funerals|declined|by|£2k to|£7,096 due|to the|lockdowns.|
|.|However,|Clergy|property|costs|rose by £7,363|to|£15,090|in 2020;|reflecting|a|full|year’s|accommodation|costs|for the|curate.|
|Net|incoming|resources|and|cash flow 2020|
|Excluding|legacies,|both|income and|costs|decreased|significantly|in|2020,|resulting|in|a|net deficit|of (£7,451);|only|£718 worse than|2019.|Excluding|depreciation|- mainly for buildings —|
|there was|actually|a|surplus|of £20,818|in|2020.|This was|£2,538|(14%)|higher than|a year|earlier.|
|Including|legacies,|the|net|surplus was|£54,549.|However,|due to|their|unpredictability,|it is the|PCC’s|policy to|set bequests|aside|for|use|in|major|projects|where|extra|
|fundraising|would|be|required.|
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The Bourne Youth Trust (BYT) 2020
BYT funds are shown separately in the statement of financial activities and in the statement of restricted reserves shown in note 17. Income from interest and dividends amounted to £9,815 in 2020. Taking into account income, transfers, costs and unrealised capital losses on investments, the value of the BYT funds at year end were £302,184 — an increase of 4.8% over the year. Since January 2018, 75% of trust funds have been invested in shares in the CBF Church of England Investment Fund. This is a diversified portfolio which yielded 2.8% in 2020. The remaining funds remain invested in the CBF Church of England Property Fund, In 2020, the fund’s yield was 5.1%. Changes to fixed assets
There were no changes to fixed assets during the year
9. Reserves The parish currently holds monies on deposit to cover working capital and unexpected expenditure. The policy of the parish is to hold at least 3 months’ cashflow in reserve and current levels conform to this policy. In December 2020, reserves excluding legacies were equal to just under 4 month's cashflow,
## 10. Investments
The Bourne Youth Trust holds investments as outlined in the report above . These are held in custodian accounts by the Diocese of Guildford. Income from BYT investments is used to help fund the Bourne Parish Youthwork (BPY) initiative.
## 11.
## Risks
The major risks to which the PCC is exposed, as identified by the PCC members, have been reviewed and systems have been established to mitigate those risks.
## 12.
## General
The financial statements comply with current statutory requirements, the requirements of the Statement of Recommended Practice and the Charity's governing document.
Page 6
THE PARISH OF THE BOURNE
COUNCIL MEMBERS REPORT YEAR ENDED 31ST DECEMBER 2020
13. Thanks
Thanks are due to all the many volunteers who enable the work of the PCC to continue to thrive in our community. Special thanks in this report are due to those who contribute towards the financial administration and support of[the][parish,][including][Caz][ Cullum][(accounts][administrator),][ Tim][Devis][and][Liz][Witham][(committed][giving][ and][Gift][Aid][administration),][Ruth][Moore] (insurance), Nigel Cuthbert (office systems & utilities), Keith Newman (Finance Group Secretary) & Mike Barter and Brian and Yvonne Williams (banking). Lastly, a heartfelt thank you to Hugh Batchelor, who finally retired from his financial duties after many years of service. 14. Members Appointments and New Members Proceedings Members of the Parochial Church Council are elected each year at the Annual Parochial Church Meeting. Each member is elected for a period of three years. A new member must be proposed and seconded to be able to serve on the council, Members are replaced as they retire. €x-officio members of the PCC include deanery and diocesan synod members, churchwardens and clergy. 15. Council Members Responsibilities The council members are required to prepare for each financial year, financial statements which give a true and fair view of the state of affairs of the PCC and of the results for the period. In preparing the financial statement the council members are required to:
. select suitable accounting policies and apply them consistently; . make judgements and estimates that are reasonable and prudent; . prepare the financial statements in accordance with the methods and principles set out in the Statement of Recommended Practice Accounting and Reporting by Charities and to state whether the accounts have been prepared in accordance with that statement and applicable accounting standards; and . prepare the financial statements on the going concern basis unless it is inappropriate to presume that the church will continue in operation. The council members are responsible for ensuring proper accounting records are kept which disclose, with reasonable accuracy at any time, the financial position of the PCC. They are also responsible for safeguarding the assets of the PCC and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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Signed Signed 1¢)
Revd John Morris =_—. Michael Cock ACMA
Vicar ‘ Treasurer XQ tock
Dated : Dated :
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THE PARISH OF THE BOURNE
Page 7
REPORT OF THE INDEPENDENT EXAMINER TO THE COUNCIL MEMBERS OF THE PARISH OF THE BOURNE
## Independent examiner's report to the PCC of the Parish of the Bourne
This report on the accounts of the PCC for the year ended 31 December 2020 which are set out on pages 7 to 15, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (the Regulations) and 5130 of the Charities Act 2011 (the 2011 Act).
The financial statements have been prepared in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
This has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on the after 1 January 2015.
## Respective responsibilities of the PCC and the examiner
The members of the PCC are responsible for the preparation of the accounts. The members consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed, The PCC's gross income exceeded £250,000 and | am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales (ICAEW).
## 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 the Charity Commissioner under section 145(5)(b) of the 2011 Act; and
- 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 Directions given by the Charity Commissioner. An examination includes a review of the accounting records kept by the charity and a comparison of[the][accounts] presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as members concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## Independent examiner's statement
In connection with my examination, no matter has come to my attention:
- which gives me reasonable cause to believe that, in any material respect, the requirements:
(a) to keep accounting records in accordance with section 130 of the 2011 Act; and
- (b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act 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.
S G Morgan FCA
Wise & Co
Chartered Accountants &
Statutory Auditors
Wey Court West Union Road Farnham
Surrey GUS 7PT Dated A : \* Av} 202.\
THE PARISH OF THE BOURNE
Page &
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31ST DECEMBER 2020
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2020 2020 2020 2020 2019
Restricted Unrestricted BYT Total Total
Funds Funds Funds Funds Funds
Notes £ £ £ £ £
Income from:
Donations and legacies 2 25,525 237,018 - 262,543 204,537
Charitable activities 3 - 9,882 - 9,882 24,365
Other trading activities 4 2,357 31,054 = 33,411 45,839
Investment income 6 9,815 284 - 10,099 10,316
Other income 6 4,403 12,996 - 17,399 2,034
TOTAL INCOMING RESOURCES 42,100 291,234 * 333,334 287,092
Expenditure from:
Charitable activities x 26,924 265,731 - 292,655 329,904
TOTAL EXPENDITURE 26,924 265,731 : 292,655 329,904
Unrealised Gains / (Losses) on Investments 43 - - 13,870 13,870 36,079
NET (OUTGOING)/INCOMING RESOURCES 15,176 25,503 13,870 54,549 (6,733)
Transfers between funds - : - - .
NET MOVEMENT IN FUNDS 15,176 25,503 13,870 54,549 (6,733)
Reconciliation of funds: i
Total funds brought forward 112,578 1,071,420 288,314 1,472,312 1,479,046
Total funds carried forward nn127,754 1,096,923 302,184 1,526,861 1,472,312
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The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derives from continuing activities.
Page 9
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THE PARISH OF THE BOURNE
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BALANCE SHEET
YEAR ENDED 31ST DECEMBER 2020
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Notes 2020 2019
£ £ £ £
Fixed Assets
Tangible Assets-PCC 12 994,709 1,022,226
Investments 43 302,184 288,314
Total Fixed Assets 1,296,893 1,310,540
Current Assets
Debtors 44 9,299 14,935
CBF Deposits 77,750 67,750
CBF Deposits-BPY 25,000 10,000
CBF Deposits-Choir 25,000 -
Cash at Bank 79,211 $7,551
Cash at Bank-BPY 17,629 14,015
Cash at Bank-Choir 9,383 -
Total Current Assets 243,271 164,251
Liabilities
Creditors:amounts falling due
within one year 48 13,303 2,479
Net Current Assets 229,968 161,772
Total Net Assets 1,526,861 1,472,312
—— os
The funds of the PCC:
Restricted Funds
Balance as at ist January 2020 400,892 358,778
Net movement in funds in year 29,046 42,114
Balance as at 31st December 2020 47 429,938 400,892
Unrestricted Funds
Balance as at Ist January 2020 1,071,420 1,120,269
Net movement in funds in year 25,503 (48,849)
Balance as at 31st December 2020 1,096,923 1,071,420
Total PCC funds 48 1,526,861 1,472,312
——— ——————
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The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
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Signed Signed o
Revd John Morris Michael Cock ACMA Sheheed) @ tock,
Vicar O ( N ) Treasurer
Date: l Date: SVWVOSAZA
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Page 10
THE PARISH OF THE BOURNE
NOTES TO THE FINANCIAL STATEMENTS, YEAR ENDED 31ST DECEMBER 2020
1. Accounting Policies
a) Basis of preparation The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities Preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 1C2)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports} Regulations 2008 only te the extent required to provide a 'true and fair’ view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn,
The PCC constitutes a public benefit entity as defined by FRS 102.
b) Linked Charity The statement of financial activities and the balance sheet Include the assets, liabilities, income and expenditure of the charity end its linked charity Bourne Youth Trust. c) Funds General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. These include funds designated for a particular purpose by the PCC. Details of the nature and ourpose of restricted funds are shown in note 17 ta the accounts, including the separate funds held by the linked charity. d) Incoming Resources Income is recognised when the charity has entitlement to the fund, any performance conditions attached to the item(s) of income have been met, it is probable the income will be received and the amount can be measured reliably. Donations, Legacies and Similar Resources i) Collections are included in the financial statements when received by or on behalf of the PCC. li) Planned giving receivable under covenant is included in the financial statements only when received by the PCC. iii) income tax recoverable on covenanted and gift aid donations is included In the financial statements when the donation is received. iv) Legacy income is eccounted for when receivable, v) Grant income is eccounted for when receivable. Income from investments, including interest received, is accounted for when due. e) Resources expended Costs of generated funds and governance costs are accounted for when payable. f) Fixed Assets Depreciation is charged in accordance with eccounting standards and is calculated on a straight line basis for the following categories of fixed assets: Freehold Property - Over 50 years Computer Equipment - Over 3 years ) Investments Investments are valued at their closing mid-market value at the Balance Sheet date. Any gains or loss on revaluation is taken to the Statement of Financial Activities. h) Taxation As qualifying charity, the PCC is not liable to UK taxation, i) Operating leases - the PCC as lessee Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the lease term.
THE PARISH OF THE BOURNE
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NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST DECEMBER 2020
2020 2020
2 Donations and legacies Restricted Unrestricted BYT Total
£ £ £ £
Planned giving - tax efficient 180 34,826 - 35,006
Tax refunds via Gift Aid 3,000 32,988 : 35,988
Planned giving - non tax efficient 4 900 - 900
Collections (open plate} - 17,468 - 17,468
Parish giving scheme - 71,518 - 71,518
All other giving 2,274 6,672 - 8,946
Donations and appeals 20,071 10,596 : 30,667
Legacies - 62,050 - 62,050
CSE25,525 237,018 UTTEIIIIIEI- REE 262,543aeaadd
2013 2019
Restricted Unrestricted BYT Total
£ £ £ £
Planned giving - tax efficient 528 57,431 - 57,959
Tax refunds via Gift Ald = 32,079 = 32,079
Planned giving - non tax efficient - 1,173 - 1,173
Collections (open plate} - 15,409 : 15,409
Parish giving scheme 2 73,913 - 73,913
All other giving 600 5,500 - 6,190
Donations and appeals 2,934 4,971 - 7,905
Legacies - 10,009 - 10,000
naa4,062 200,475 : 204,537
2020 2020
GL Charitable activities Restricted Unrestricted BYT Total
£ £ £ £
Magazines = 1,328 1,328
PCC Fees c 8,554 8,554
aaod 9,882 * enna9,882
2019 2013
Restricted Unrestricted BYT Total
£ £ £ £
Magazines = 3,468 - 3,468
PCC Fees = 20,897 : 20,897
——er= 24,365 ¥ 24,365cetas
2020 2020
& Other trading activities Restricted Unrestricted BYT Total
£ £ £ £
Rall rent - 20,191 20,191
Fund raising events 2,357 8,373 10,730
Flat rent 2,490 2,490
Cee 2,357EEE ER nna31,054one nreenennn pene :eee 33,411ead
2019 2019
Restricted Unrestricted BYT Total
& £ i. &
Hall rent = 34,021 = 34,021
Fund raising events 400 5,607 = 6,007
Flat rent F 5,810 + 5,810
Seeee400 45,439 - 45,838
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GL Charitable activities
THE PARISH OF THE BOURNE
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Page 12
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NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST DECEMBER 2020
2020 2020
& Other income Restricted Unrestricted BYT Total
£ £ £ £
Grants Received 100 . - 100
Government Grants 4,303 11,918 16,221
Other income : 1,078 - 1,078
————
TSneeEE4,403 12,996 - 17,399
2019 2019
Restricted Unrestricted BYT Total
€ £ & €
Other income ic 2,034 = 2,034
SS . 2,034 5 2,034
& Investment income Restricted Unrestricted2020 BYT Total2020
£ £ £ £
Interest from deposits & trusts et9,315 284 - 10,099ieiainy
2019 2019
Restricted Unrestricted BYT Total
£ £ £ £
Interest fram deposits & trusts as9,310 507 i 10,316
2020 2020
ZL Charitable activities Restricted Unrestricted BYT Total
E £ £ £
Grants to charities (see note 8) 1,430 84 : 1,514
Mission activities a - - =
Activities directly relating to church activities (see note 9} 9,344 186,831 - 196,175
Church management & administration (see note 10) 16,150 78,816 - 94,966
we EE26,924 EE265,731 bd 292,655
2015 2019
Restricted Unrestricted BYT Total
£ £ £ £
Grants to charities (see note 8) - $39 = 839
Mission activities s 1,064 * 1,064
Activities directly relating to church activities (see note 9) 18,454 206,040 - 225,493
Church management & administration (see note 10} 13,645 88,862 - 102,503
33,099 296,305 = 329,304
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THE PARISH OF THE BOURNE
Page 13
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NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST DECEMBER 2020
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|||2020|2020||
|---|---|---|---|---|
||Restricted|Unrestricted
BYT|Total||
||£|£
£|£||
|TheGrassrootsTrust|-|a4|=)|84|
|Urban Saints|249|.|<|249|
|Choral and organ scholarships|1,181|-|-|1,181|
||en...
oe
nn,||||
|||2013|2019||
||Restricted|Unrestricted
8YT|Total||
||£|£
£|£||
|TheGrassrootsTrust|-|84|.|a4|
|St, Thomas’ Choir Fund|=|335|:|335|
|The BishopofGuiléford'sCommunities Fund|-|353|:|353|
|Carver FuneralCollection|>|67|:|67|
||-|839|=|839|
|||2020|2020||
|activities|Restricted|Unrestricted
B8YT|Total||
||£|£
£|£||
|Parish share|-|98,350|-|98,350|
|PCCfees payable tothediocese|-|7,096|-|7,096|
|Ministry - clergyexpenses|-|1,349|-|1,349|
|Ministry -clergyproperty costs|-|15,090|-|15,090|
|Churchrunningexpenses|-|18,633|-|18,633|
|Church maintenance|-|10,662|:|10,662|
|Church Events & Activities|-|395|*|395|
|Upkeepofservices|-|1,677|-|1,677|
|Upkeep ofthe churchyard|-|2,508|-|2,508|
|Expenditure on Parish magazine|-|1,595|-|1,595|
|StThomasFlatexpenses|:|3,384|-|3,384|
|Church and Hall repairs|7,333|-|-|7,333|
|Music|es|23,363|=|23,363|
|BPYexpenses|463|-|-|463|
|ChoirTourExpenses
YearofMusicEvents|1,548
-|-
2,729|-
-|1,548
2,729|
||9,344|136,831|a|196,175|
|||2019|2019||
||Restricted|Unrestricted
BYT|Total||
||€|£
£|€||
|Parish share|-|108,349|_|108,349|
|PCCfees payable to the diocese|-|9,216|=|9,216|
|Ministry -clergyexpenses|-|1,261||1,261|
|Ministry -clergyproperty costs|*|7,727|:|Vaq27|
|Churchrunningexpenses|281|30,261|-|30,542|
|Churchmaintenance|ss|8,604|=|8,604|
|Upkeep ofservices|-|2,165|-|2,165|
|Upkeep ofthechurchyard|7,690|1,641|-|9,331|
|StThomas Flat expenses|-|3,878|-|3,878|
|Churchand Hall repairs|9,458|-|=|3,458|
|Music|796|23,368|*|24,164|
|BPYexpenses|1,062|164|-|1,226|
|Vicar expenses|-|2,913|-|2,913|
||19,454|206,040|%|225,492|
8, Grants te charities
& Activities directly relating to church activities
7
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THE PARISH OF THE BOURNE
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Page 14
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NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST DECEMBER 2020
2020 2020
10, Church management & administration Restricted Unrestricted BYT Total
£ bf £ £
Accountancy fees - 2,235 - 2,235,
Bank Charges - 760 - 760
Depreciation on Freehold Property and Office Equipment 20 28,249 - 28,269
General administration expenses 90 6,268 - 6,358
Insurance - 5,670 - 5,670
Legal and professional fees - 78 - 78
Office equipment & supplies - 6,900 . 6,900
Staff costs 16,040 27,602 ° 43,642
Staff Recruitment Costs - 590 : : 590
Staff Training - 464 bd 464
ST16,150 78,816 : a 94,966a crs
Included within Church Management & Administration:
Independent examiner's fees for year ended 31 Decernber 2020 ee- 2,500 - 2,500
2019 2019
Restricted Unrestricted BYT Total
£ € € £
Office equipment & supplies - 6,440 : 6,440
General administration expenses 694 46,893 - 17,587
Staff costs 12,951 38,530 - $1,581
Depreciation on Freehold Property and Office Equipment - 25,013 - 25,013
13,645 86,975 = 100,620
Included within Church Management & Administration:
independent examiner's fees for year ended 31 December 2019 a - 2,130 - 2,130
2020 2020
ik Staff Costs Restricted Unrestricted BYT Total
£ £ £ £
Wages and salaries 10,545 38,970 - 49,515
Social security costs 4,865 4,792 - 9,657
Other pension costs 630 445 - 1,075
16,040 44,207 7 60,247
2020 Total
Average staff numbers (full time equivalent):
Administrative staff § S
2019 2019
Restricted Unrestricted BYT Total
£ € £ =
Wages and salaries 12,951 50,428 - 63,379
Social security costs = 4,881 a 4,881
Other pension costs - 1,218 - 1,213
12,951 56,527 - 69,478
2019 Total
Average staff numbers:
Administrative staff a 5 5
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During the year expenses totalling £860 (2019: £7,364) were reimbursed to 3 (2019: 13) members and no remuneration was paid to members of
the PCC in either year.
The amounts include the payment of expenses to the Vicar (chairman of the PCC) and to our Readers who are reimbursed in accordance with Church of England guidelines.
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THE PARISH OF THE BOURNE
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Page 15
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NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST DECEMBER 2020
12. Tangible Fixed Assets
Freehold Office BPY
Property Equipment Equipment Total
E43 £ £ £
Cost
Cost as at ist January 2020 1,269,775 29,001 12,210 1,310,986
Additions = 750 - 750
Cost as at 31st December 2020 1,269,775 29,751 12,210 1,311,736
Depreciation
Depreciation as at 1st January 2620 256,853 19,695 12,210 288,758
Charge for the year 25,013 3,256 - 28,269
Depreciation as at 31st December 2020 281,866 22,951 12,210 317,027
Net Book Value
As at 3ist December 2020 ee987,909 6,800 - 994,709
As at 31st December 2019 a 1,012,921 9,305. - 1,022,226
13, Investments
2020
£
Market Value
At1 January 2020 288,314
Additions od
Disposals :
288,314
Change In Market Value 13,870
ee302,184
Historic cost 157,934
Asummary of investments held by funds is as follows:
Market
Value
2020
£
The CBF Church of England Investment Fund — income shares 253,845
The CBF Church of England Property Fund ~ income shares 48,338
—————302,184
The investments are held in the name of the Bourne Youth Trust,
44, Debtors 2020 2020
PCC BYT Total
£ £ £
Income tax recoverable 1,821 os 1,821
Other debtors 7,478 : 7,478
a 9,299 * 9,299
2013 2019
PCC BYT Total
£ £ €
Income tax recoverable 5,374 - 5,374
Other debtors 9,561 = 3,561
14,935 *, 14,935
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THE PARISH OF THE BOURNE
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15, Creditors
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NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST DECEMBER 2020
Pcc 2020 BYT 2020Total
£ £ £
PAYE & NIC 1,455 = 1,455
Other creditors 9,348 : 9,348
Accruals 2,500 Bd 2,500
nanan13,303 - 13,303
2019 2019
PCC BYT Total
£ é £
Other creditors 325 . 325
Accruals 2,154 * 2,154
a 2,479 : 2,479
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418, Operating lease commitments
At 31 December 2020 the PCC had future minimum lease payments under non-cancellable operating leases 3s follows:
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2020 2019
£ £
Not later than 1 year 1,124 1,498
Later than 1 year and no later than 5 years - 1,124
1,124 2,622
di Reserves
Unrealised gains
Incoming on fixed asset Balance as at 31st
Balance as at 1st January 2020 resources Resources expended investments Transfers December 2020
£ £ £ £ £ £
Restricted funds
Masindi 6,499 316 : - - 6,815
Bramblston Development fund = 1,134 (7,333) E = (6,199)
BYT 288,314 = - 13,870 =) 302,184
BPY 24,015 29,441 (16,842) * = 36,614
Organ Scholar fund 14,882 70 (1,181) - 70 13,841
Choir Scholar fund 15,000 70 =. - (70) 15,000
Choir Tour - 11,069 (1,548) - - 9,521
Garden of remembrance 1,031 - - - - 1,031
Other (incl property) $1,153 = (20) - * 51,133
Total Restricted funds 400,892 42,100 (26,924) 13,870 - 429,933
General Unrestricted Fund 1,070,300 234,941 (263,002) : (7,200) 1,085,539
Major Projects & Repairs Designated Fund - - . - 6,000 6,000
Organ Repair & Maintenance Designated Fund < 100 = = 1,200 1,300
Year of Music designated fund 621 6,193 (2,729) = = 4,085
Total Unrestricted funds 1,071,420 291,234 (265,731) = ) 1,096,923
eeneST1,472,312 a 333,334 (292,655) 13,870 - 1,526,861
The BPY reserve funds are for The Sourne Parish Youthwork initiative.
The BYT is for The Bourne Youth Trust, this was formed on 22 February 2014 to hold the net sale proceeds from the sale of Bourne Hall separately from
the church funds - net income from this fund is for the use of youth projects and activities in the church,
Other restricted reserves relates to funds which have been received for a purpose specified by the donor in the church and the community,
This figure is mostly made up of the War Memorial and Centenary Expansion funds
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18. Analysis of Net Assets between Funds
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2020
Restricted Unrestricted Funds Total
£ £ £
Tangible fixed assets 58,960 935,749 994,709
Fixed asset investments 302,184 - 302,184
Current assets 68,794 174,477 243,271
Creditors due within one year . (13,303) (13,303)
429,938 1,096,923 1,526,861
2019
Restricted Unrestricted Total
£ £ £
Tangible fixed assets 58,960 963,266 1,022,226
Fixed asset investments 288,314 & 288,314
Current assets 53,618 110,633 164,251
Creditors due within one year - (2,479) (2,479)
ee400,892 1,071,420 1,472,312
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