2020-12-31-accounts

CC members wh	o have served during	the period from 1 January 2020 until	the date this report was approved are:
Incumbent:		Revd Daniel Rodgers	Chairman
Wardensr		Peter Colas	(Until APCM 2020)
		Jonathan Shallow	(From APCM 2020)
		Susan Smithies
Representatives	on the Deanery	Susan Breeze	(Until APCM 2020)
Synod:		Evelyn Ann Cartland
		Rowena Hamson	(From 19November 2020)
		Peter Loadman
		Ni el Peach
Elected members:		Alan Biggs	(From APCM 2020)
		David Cartwright	(Until APCM 2020)
		lan Cheffy	(Until APCM 2020)
		Tracey Dalby
		Elaine Faulkner
		Alan Garrett
		Rowena Hanison	(From APCM 2020)
		Janette Hill
		Valerie ("Lallie") Laverty
		Jonathan Shallow	(Until APCM 2020)
		Howard Sinton	(Until APCM 2020)
Co-opted member:		Raymond Douglas	Treasurer until 19November 2020
		Heather Flood	Treasurer from 19November 2020
		Rowena Harrison	Until APCM 2020
Secret		Rowena Hamson

				2020			2019
			Unrestricted	Restricted		Unrestricted	Restricted
		Note	Funds 5	Fur&de 6	Total 6	Funds f	Funds 8	Total
INCOME FROM:
Income from donations and legacies		3a	498,990	16,494	515,484	290,558	26,721	317,279
Income from charitable activities		3I&	5,278	4,150	9,428	9,596	1,853	11,449
Income from other trading	activities	3c	9,341		9,341	18,232	13,751	31,983
Income from investments		3d	385		385	495	0	495
Total income			513,994	20,644	534,638	318,881	42,325	361,206
EXPENDITURE ON:
Raising funds		4a	0			0		0
Charitable activities		4b	265,604	16,494	282,098	306,661	54,379	361,040
Other activities		4c	6,057	0	6,057	7,499	0	7,499
Total expenditure			271,661	16,494	288,155	314,160	54,379	368,539
NET INCOME IEXPENDITURE Transfers between funds		10	242,333 0	4,150 0	246,483 0	4,721 600	-12,054 -600	-7,333 0
NET MOVEMENT IN FUNDS			242,333	4,150	246,483	5,321	-12,654	-7,333
RECONCILATION OF FUNDS:
TOTAL FUNDS BROUGHT FORWARD			1,145,376	20,358	1,165,734	1,140,055	33,012	1,173,067
TOTAL FUNDS CARRIED	FORWARD		1,387,709	24,508	1,412,217	1,145,376	20,358	1,165,734

BALANCE SHEET at	31 DECEMBER 2020
		Note	2020	2019
			8
FIXEDASSETS
Tangible fixed assets			995,990	1,006,099
CURRENT ASSETS
Debtors			155,017	30,531
Short term deposits			166,675	66,291
Cash at bank and in	hand		103,748	88,294
Total current assets			425,440	185,116
LIABILITIES:
Creditors: Amounts	falling due within one year		-9,213	-25,481
NET CURRENT ASSETS			416,227	159,635
TOTAL NET ASSETS			1,412,217	1,165,734
THE FUNDS OF THE PCC
Unrestricted funds			1,387,709	1,145,376
Restricted income funds			24,508	20,358
Total PCC	funds		1,412,217	1,165,734

					Cornparatives	Cornparatives	Cornparatives	copied	values only from	2019accounts workings	2019accounts workings	added post	Independent	Examination
								Note	2020			2,019
									Unrestricted			Unrestricted	Restricted
									Funds		Total	Funds	Funds	Total
											5
Cash flows from operating			activities
Net	cash provided	by	(used	in)	operating
activities									112,307	4,595	116,902	18,455	-11,961	6,494
Cash flows from investing			activities:
	Interest							3d	385			495		495
	Purchase of	plant and		equipment				5	-1,449		-1,449	-1,196		-1,196
Net	cash provided	by	(used	in)	operating		activities		-1,064		-1,064	-701	0	-701
Change	in cash and cash		equivalents		for	the	year		111,243	4,595	115,838	17,754	-11,961	5,793
Cash and cash equivalents				brought		forwatd			135,203	19,382	154,585	117,449	31,343	148,792
Cash and cash equivalents			carried forward						246,446	23,977	270,423	135,203	19,382	154,585

NOT	ES to the FINANCIAL ST	ATEM	ENT	S (continued)					Forthe year e	nded 31 Decemb	er 2020
						2020				2019
					Unrestricted	Restricted			Unrestdcted	Restricted
4	EXPENDITURE				Funds	Fundsf		Total	Funds 6	Funds 6	Total
4a	Fund raising costs
4b	Charitable activities
4b(i)	Grants (also see Note 11)
	Church overseas: Missionary			societies	12,775	6,286		19,061	12,940	36,531	49,471
	Home missions &other Church Societies				13,337	1,563		14,900	16,285	2,139	18,424
	Other				700		325	1,025	400	614	1,014
					26,812	8,174		34,986	29,625	39,284	68,909
4b(ii	Activities directly relating	to the work ofthe Church
	Ministry
	Diocesan quota/parish		share		79,090			79,090	79,833		79,833
	Diocesan fees				757			757	743		743
	Clergyexpenses				20			20	335		335
	Outreach costs				2,032	3,570		5,602	3,793	1,112	4,905
	Worship pastors'	salaries			13,439			13,439	0		0
	Youth and families workers'			salaries	34,297			34,297	52,149		52,149
	Youth and families costs				9,214	1,250		10,464	11,692		11,692
	Pastoral costs				100	3,500		3,600	0		0
	Training				539			539	708		708
	Vacancy costs				1,558			1,558	3,532		3,532
	Visiting speakers				325			325	365		365
	Church
	Running expenses				1,952		0	1,952	4,214		4,214
	Maintenance				1,019		0	1,019	15,657		15,657
	Halls, office and grounds
	Running expenses				8,191			8,191	8,225		8,225
	Maintenance				3,617			3,617	7,761		7,761
	Depreciation				11,439			11,439	11,077		11,077
	Vicarage and garden				0			0	16,424	13,751	30,175
	Grounds (&refuse)				1,028			1,028	1,043		1,043
	Insurance				2,461			2,461	2,165		2,165
	Events				819			819	3,346	230	3,576
	Otherresources				15,285			15,285	4,547		4,547
	Independent Examination		fee		2,148			2,148	1,824		1,824
	Other professional	fees			300			300	2,826		2,826
	Miscellaneous				4,484			4,484	2,497		2,499
					194,114	8,320		202,434	234,756	15,095	249,851
4b(ii	Church management and	administration
	Office: Salaries				26,712			26,712	16,276		16,276
	Running costs				9,371			9,371	5,343		5,343
	Administration: Salaries				8,595			8,595	20,661		20,661
	Running costs				0			0	0		0
					44,678			44,678	42,280		42,280
	Total charitable activities				265,604	16,494		282,098	306,661	54,379	361,040
4c	Other activities
	Apportionment ofcosts for lettings
	Hall running expenses				4,269			4,269	5,373		5,373
	Hall maintenance				614			614	954		954
	Hall insurance				1,055			1,055	1,055		1,055
	Depreciation				119			119	117		117
	Total other activities				6,057		0	6,057	7,499		7,499
	Total Expenses				271,661	16,494		288,155	314,160	54,379	368,539
										Page	15of20

ES tothe FINANCIAL STATEMENTS (continued)			Forthe year ended 3	1 December 2020
FIXEDASSETS FOR USE BYTHE PCC
	Freehold	Freehold	Plant and
Tangible Fixed Assets GROSS BOOK VALUE	land f	buildings	equipmentf	Total 8
at 1 January 2020 Additions Disposals	550,000 0 0	500,000 0 0	9,517 1,449 0	1,059,517 1,449 0
At 31 December 2020 DEPRECIATION	550,000	500,000	10,966	1,060,966
at 1 January 2020 Charge forthe year Disposals		50,000 10,000 0	3,418 1,558 0	53,418 11,558 0
At 31 December 2020	0	60,000	4,978	64,976
NET BOOK VALUE
At 31 December 2020	550,000	440,000	5,990	995,990
At 31 December 2019	550,000	450,000	6,099	1,006,099

6	ANALYSIS of NET ASS	ET	S by FUND
				Unrestricted	Restricted	Total
				Funds	Funds
				6		6
	Fixed Assets			995,990	0	995,990
	Current Assets - Bank & -Debtors	Short Term Deposits		246,446 154,486	23,977 531	270,423 155,017
	Current Liabilities			400,932 -9,213	24,508 0	425,440 -9,213
	Fund balance			1,387,709	24,508	1,412,217
7	DEBTORS			2020		2019
	Income tax recoverable			8		6
	Restricted Income			531		976
	Unrestricted Income			11,064		10,367
				11,595		11,343
	Prepayrnents Balance of Legacy received		in 2021	2,769 139.774		2,704 0
	Contribution outstanding to Rental income Outstanding		Vacancy costs	0 879		12,794 3,690
				143,422		19,188
				155,017		30,531

LIABILITIES									2020			2019
									F			6
Creditors - goods &services
Trade creditors									-1,213			-709
Taxahon and social security									-1,498			-566
Other creditors									-1,404			-196
Deposits received									0			0
Independent Examiner									-2,148			-1,920
Other accrued expenses									-2,950			-22,090
									-9,213			-25,481
Liabilities at 31 December 2020 represent charges incurred					but not paid for,		legal commitments	to	make payments		to third
parties incurred by that date and an			estimate ofthe cost for		the independent		examination ofthese		accounts.
FUND DETAILS
At 31 December 2020 the amounts			held were	as follows-
							Cash		Debtors	Liabilities		Total
							In Hand		Due		Due
							6		6		6	E
Designated Funds
Emergency Fund							25,000					25,000
Legacy Fund							63,449		139,774			203,223
Tithe ofLegacy - Mission	fund						23,977					23,977
							112,426		139,774		0	252,200
Restricted Funds
Love Loudwater							4,281					4,613
Mission Tithe Fund							2,337					2,337
Holding Fund							2,000					2,000
Building Fund							4,762		15			4,777
Family							4,311		33			4,343
Mercy Ships Douala Orphanage							2,373					2,373
Other Small Funds & Individuals							3,963		102			4,064
TJC II (UK)							-50		50			0
							23,977		531			24,508
jd d	I	dj d,		ld*hyh	PCCI	dl	.	j	d

The	movements on funds	during the year were
			Fund					Fund
			balances			Transfers		balances
			brought			(see note	Gains and	carried
			forward 6	Income 6	Expenditure 6	10) 5	losses	forwardf
	Emergency Fund		25,000					25,000
	Legacy Fund		0		-12,574	215,797		203,223
	Tithe of Legacy- Mission Fund		0			23,977		23,977
Total	Designated Funds		25,000	0	-12,574	239,774		252,200
Other	General Funds		1,120,376	513,994	-259,087	-239,774		1,135,509
Total	Unrestricted Funds		1,145,376	513,994	-271,661		0	1,387,709
	Love Loudwater		0	8,183	-3,570			4,613
	Mission Tithe Fund		2337					2,337
	Holding Fund		2000					2,000
	Building Fund		4327	450				4,777
	Family		3743	4,425	-3,825			4,343
	Youth Work Equipment		1250		-1,250
	Mercy Ships Douala	Orphanage	1123	1,250				2,373
	Other Small Funds 1JC II (UK)	& Individuals	4278	4,490 1,500	&,704 -1,500			4,064
	UK Friiends ofDeep	Roots	1300	345	-1,645
Total	Restricted Funds		20,358	20,644	-16,494			24,508

10	TRANSFERS BETWEEN FUNDS	TRANSFERS BETWEEN FUNDS
	Between Restricted Funds
	Building Fund to Mission	Fund - 10%of		donations	by agreement			on set up of Building Fund							36
	Between Unrestricted Funds
	Transfer of90%ofLegacy to Legacy Fund														215,797
	Transfer 10%ofLegacy	to Mission Fund													23,977
11	GRANTS
	The breakdown ofgrants between		individuals	and institutions,		by nature		Itype ofactivity as disclosed			in note		4	b(i)
	is set out below, together with	the	website URLs ofthe		institutions		which received over f1,000			during	the	year:
							Unrestricted						Restricted
						To		To			To			To
					individuals		Institutions f		Total f	individuals		f	Institutions f		Totalf
	Church overseas
	Missionaries and missionary	societies
	BaitAvinu							1,408	1,408					0	0
	(www. beitimmanuel. org - Messianic congregabon)
	Bait Immanuel							1,408	1.408
	(www. beitimmanuel. org)
	UK Friends ofDeep Roots													1,645	1,645
	(www.deeprootsuganda. org.uk/)
	Insgtutions under f1,DOO and indMduals					9,960			9,960		4,641				4,641
						9,960		2,815	12,775		4,641			1,645	6,286
	Home missions amd other church		societies
	Church's Ministry among Jews (UK)							1,380	1,380					0
	(www.cmj.org.uk)
	Lighthouse							1,000	1,000
	(www. lighthousecentral. org)
	Towards Jerusalem Council	II (UK) *						840	840					1,500	1,500
	(www.tjcii.eu)
	Wycombe Youth For Christ							4,200	4,200					0	D
	(www.wycombeyfc. org.uk)
	Institutions under f1,000and individuals				4,800			1,117	5,917		63			0	63
					4,800			8,537	13,337		63			1,500	1,563
	Other financial support
	Individuals and institutions under		f1,000					700	700		325				325
	Total grants psr nels 4b	(i)			14,760			12,052	26,812		5,029			3,145	8,174