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2020-12-31-accounts

St. Michael’s, Kirby

End of Year Financial Statements

Year ending 31[st] December 2020

St Michael’s PCC has the responsibility of co-opera7ng with the incumbent, in promo7ng in the ecclesias7cal parish the whole mission of the Church, pastoral, evangelical, social and ecumenical. It also has the responsibility of maintaining the Church Hall in The Street, Kirby-le-Soken, and the Baker Hall at Kirby Cross.

Membership

Members of the PCC are either ex-officio or elected by the Annual Parochial Church Mee7ng (APCM) in accordance with the Church Representa7on Rules.

During the year the following served as members of the PCC:

Incumbent: Revd Mark Holdaway Church Wardens: Mrs Myra Dansie Mrs Daryl Burgoyne Secretary: Liz Walters PCC: Frances Pearce, BridgeRe Fleming, Bill Woodhouse, Val Foggo, Myra Hutchings, Sandie Hurst, Aileen Kinglsey, Rod CuTng

The PCC operates through a number of commiRees and groups, which meet when necessary, and report back to the Council. These are:

Standing CommiRee

This is the only commiRee required by law. It has the power to transact the business of the PCC between its mee7ngs, subject to any direc7ons given by the PCC.

Pastoral/Bereavement Visi7ng Team

This team meets with the incumbent to organise follow-up visits to all those in need in our parish.

Church Building (Fabric) Sub-CommiRee

Set up to liaise with the Structural Engineers, the Morton Partnership, regarding the repairs to the church fabric.

Halls Sub-CommiRee

Which has worked hard to be renovate the Baker Hall, maintain and over see both Halls and prepare them for re-opening.

Finance CommiRee

This began to meet before Covid, but hopes to return to mee7ng soon.

St Michael's Kirby-le-Soken PCC - 1128018 Receipts and payments Selected period: 01 January 2020 to 31 December 2020

From 01 January 2020 01 January 2019
Note To 31 December 2020 31 December 2019
General - General fund (Unrestricted) Fund
Receipts
Planned giving
Gift Aid - Bank 18,058.00 15,128.00
Gift Aid - Envelopes 1,675.00 4,399.34
Other planned giving 2,008.00 2,065.00
Floodlights 560.00 605.00
Total Planned giving 22,301.00 22,197.34
Collections and other giving
Loose plate collections 4,060.70 6,861.95
One-off Gift Aid gifts 7,547.00 710.00
Total Collections and other giving 11,607.70 7,571.95
Other voluntary receipts
Giving through church boxes 76.76 357.68
Donations appeals etc 3,514.51 3,288.78
Legacies 2,000.00
Non-recurring one-off grants 1,669.70
Total Other voluntary receipts 7,260.97 3,646.46
Gift Aid recovered
Tax recoverable on Gift Aid 7,015.57 8,366.00
Total Gift Aid recovered 7,015.57 8,366.00
Other receipts
Other funds generated 1,658.00 1,449.60
Total Other receipts 1,658.00 1,449.60
Activities for generating funds
Fundraising 237.00
Parish Lunches 106.00 494.35
Total Activities for generating funds 106.00 731.35
Investment Income
Bank and building society interest 67.49 130.28
Rent from lands or buildings 71.09 97.89
Total Investment Income 138.58 228.17
Receipts from church activities
Printer income 3,500.00
Vintage Club income 50.00
Fees for weddings and funerals 5,538.38 7,318.00
Church hall lettings - objectives 1,780.00 7,382.50
Baker Hall lettings 1,445.23 4,037.50
Total Receipts from church activities 8,763.61 22,288.00
Total receipts 58,851.43 66,478.87
Payments
Cost of generating funds
Parish Lunch expenses 194.40
Crossways Church Food 33.20 128.01
Church Office photocopier 592.39 2,231.71
Glebe Rent 92.00 92.00
Total Cost of generating funds 717.59 2,646.12

08 April 2021 Page 1

From 01 January 2020 01 January 2019 To 31 December 2020 31 December 2019

Note

Missionary and Charitable Giving
Home mission 693.00
Parish Lunch proceeds donations 125.00
Retirment and other gifts 40.18
Total Missionary and Charitable Giving 858.18
Parish Share
Ministry parish share etc 35,419.91 35,089.70
Fees payable to Diocese 2,469.38 2,232.00
Total Parish Share 37,889.29 37,321.70
Clergy and Staffing costs
Salary of parish administrator 3,599.04 3,389.32
Working expenses of incumbent 380.29 1,053.10
Parish Office - paper 135.80 181.16
Parish office postage 124.32
Visiting speakers / locums 76.00 342.00
Total Clergy and Staffing costs 4,191.13 5,089.90
Church Running Expenses
Church running - insurance 2,481.50 2,575.10
Church office - telephone 483.25 661.93
Organ / piano tuning 244.60
Organist and music group 772.98 958.00
Church maintenance 245.65 234.96
Upkeep of services 278.59 399.70
Administration 1,155.00 175.48
Church running - electric 955.83 460.16
Church running - oil 642.89 2,397.66
Total Church Running Expenses 7,015.69 8,107.59
Hall Running Costs
Church Hall Refuse 799.60 867.44
Church Hall cleaner 1,792.57 1,767.59
Church Hall cleaning materials 38.70
Baker Hall Cleaner 1,792.59 1,767.52
Church Hall running - electricity 673.84 722.13
Baker Hall Electricity 582.01 189.07
Church Hall running - gas 491.57 614.66
Baker Hall Gas 328.13 259.44
Church Hall running - insurance 1,133.00 1,176.50
Baker Hall Insurance 764.78 799.07
Church Hall running - maintenance 401.80 303.00
Baker Hall Maintenance 68.40 355.49
Church Hall running - water 311.99 256.19
Baker Hall Water 90.39 272.35
Baker Hall - advertising 129.00
Total Hall Running Costs 9,269.37 9,479.45
Governance Costs
Governance costs examination/audit fee 250.00 250.00
Total Governance Costs 250.00 250.00
Total payments 59,333.07 63,752.94
Excess of Receipts over Payments (481.64) 2,725.93
Transfers to/(from) (99,754.83) (25,004.49)
Brought forward balance 118,924.90 141,203.46
Total carried forward balance 18,688.43 118,924.90

08 April 2021 Page 2

From 01 January 2020 01 January 2019 To 31 December 2020 31 December 2019

Note

Assistant - Ministry Assistant (Designated) Fund

- Ministry Assistant (Designated) Fund
Brought forward balance
Total carried forward balance
0.50
0.50
0.50
0.50

Assistant - Ministry Assistant (Restricted) Fund

Assistant - Ministry Assistant (Restricted) Fund
Receipts
Planned giving
Gift Aid - Bank 400.00
Total Planned giving 400.00
Other voluntary receipts
Donations appeals etc 7.00
Ministry Assistant 1,170.00 10,022.00
Total Other voluntary receipts 1,170.00 10,029.00
Gift Aid recovered
Tax recoverable on Gift Aid 585.00
Total Gift Aid recovered 585.00
Other receipts
Other funds generated 18.30
Total Other receipts 18.30
Activities for generating funds
Fundraising 13.00
Total Activities for generating funds 13.00
Total receipts 1,570.00 10,645.30
Payments
Clergy and Staffing costs
Assistant staff costs 1,833.32 10,999.92
Total Clergy and Staffing costs 1,833.32 10,999.92
Total payments 1,833.32 10,999.92
Excess of Receipts over Payments (263.32) (354.62)
Brought forward balance 7,270.09 7,624.71
Total carried forward balance 7,006.77 7,270.09
HALLSCAP - Church Halls Capital Fund (Designated) Fund
Transfers to/(from) 100,000.00
Brought forward balance
Total carried forward balance 100,000.00

08 April 2021 Page 3

From 01 January 2020 01 January 2019 To 31 December 2020 31 December 2019

Note

Fabric - Church Fabric (Designated) Fund

Transfers to/(from) (45.00)
Brought forward balance 45.00 45.00
Total carried forward balance 45.00
hurch Fabric (Restricted) Fund
Receipts
Collections and other giving
One-off Gift Aid gifts 1,000.00
Total Collections and other giving 1,000.00
Other voluntary receipts
Donations appeals etc 200.00 15,846.16
Non-recurring one-off grants 3,876.93 30,321.20
Total Other voluntary receipts 4,076.93 46,167.36
Gift Aid recovered
Tax recoverable on Gift Aid 2,686.38
Total Gift Aid recovered 2,686.38
Total receipts 4,076.93 49,853.74
Payments
Church Running Expenses
Upkeep of churchyard 1,800.00
Total Church Running Expenses 1,800.00
Church Repairs & Maintenance
Church major repairs - structure 3,576.93 96,572.21
Total Church Repairs & Maintenance 3,576.93 96,572.21
Total payments 5,376.93 96,572.21
Excess of Receipts over Payments (1,300.00) (46,718.47)
Transfers to/(from) 2,588.78 25,000.00
Brought forward balance (418.88) 21,299.59
Total carried forward balance 869.90 (418.88)
ch - Church Building Fabric (Restricted) Fund
Receipts
Other voluntary receipts
Legacies 43,750.00
Total Other voluntary receipts 43,750.00
Investment Income
Bank and building society interest 33.86 14.15
Total Investment Income 33.86 14.15
Total receipts 33.86 43,764.15
Payments
Church Repairs & Maintenance
Church Minor repairs - installation 830.00
Total Church Repairs & Maintenance 830.00
Total payments 830.00

Fabric - Church Fabric (Restricted) Fund

FabrChurch - Church Building Fabric (Restricted) Fund

08 April 2021 Page 4

From 01 January 2020 01 January 2019
Note To 31 December 2020 31 December 2019
Excess of Receipts over Payments (796.14) 43,764.15
Transfers to/(from) (1,443.78)
Brought forward balance 43,764.15
Total carried forward balance 41,524.23 43,764.15
Churchyard - Churchyard (Joyce Coverley Bequest) (Restricted) Fund
Receipts
Other receipts
Other funds generated 84.72
Total Other receipts 84.72
Total receipts 84.72
Payments
Church Running Expenses
Upkeep of churchyard 1,146.94
Total Church Running Expenses 1,146.94
Total payments 1,146.94
Excess of Receipts over Payments (1,062.22)
Transfers to/(from) 140.23
Brought forward balance (140.23) 921.99
Total carried forward balance (140.23)
JCross - June Cross Bequest (Endowment) Fund
Brought forward balance 3,063.03 3,063.03
Total carried forward balance 3,063.03 3,063.03
Flower - Flower (Audrey Hill Fund) (Restricted) Fund
Payments
Church Running Expenses
Upkeep of services 66.66
Total Church Running Expenses 66.66
Total payments 66.66
Excess of Receipts over Payments (66.66)
Brought forward balance 66.66 66.66
Total carried forward balance 66.66

08 April 2021 Page 5

From 01 January 2020 01 January 2019 To 31 December 2020 31 December 2019

Note

Handbell - Handbell (Restricted) Fund

Handbell - Handbell (Restricted) Fund
Transfers to/(from) (0.95)
Brought forward balance 0.95
Total carried forward balance
Kitchen - Kitchen (coffee fund) (Designated) Fund
Receipts
Activities for generating funds
Coffee Fund donations 68.18 239.12
Total Activities for generating funds 68.18 239.12
Total receipts 68.18 239.12
Excess of Receipts over Payments 68.18 239.12
Transfers to/(from) (1,343.35)
Brought forward balance 1,275.17 1,036.05
Total carried forward balance 1,275.17
Organ - Organ restoration fund (Restricted) Fund
Transfers to/(from) (142.05)
Brought forward balance 142.05 142.05
Total carried forward balance 142.05
Chancel - Tithe Chancel (Endowment) Fund
Transfers to/(from) 5.44
Brought forward balance (5.44)
Total carried forward balance
Children - Children's Work (Designated) Fund
Receipts
Other voluntary receipts
Donations appeals etc 422.20
Total Other voluntary receipts 422.20
Activities for generating funds
Noah's Ark 284.07
Total Activities for generating funds 284.07
Total receipts 706.27
Payments
Missionary and Charitable Giving
Home mission (children) 205.70 722.20
Total Missionary and Charitable Giving 205.70 722.20
Total payments 205.70 722.20
Excess of Receipts over Payments (205.70) (15.93)

08 April 2021 Page 6

31 December 2020
31 December 2019
01 January 2020
01 January 2019
From
To
Note
31 December 2020
31 December 2019
01 January 2020
01 January 2019
From
To
Note
Brought forward balance
Total carried forward balance
Hall - Church Hall Maintenance (Restricted) Fund
Transfers to/(from)
Brought forward balance
Total carried forward balance
ChurchHall - Church Hall improvement (Restricted) Fund
Transfers to/(from)
Brought forward balance
Total carried forward balance
841.82
857.75
636.12
841.82

(828.00)
342.43
1,170.43
342.43
342.43

828.00

(828.00)

08 April 2021 Page 7

St Michael's Kirby-le-Soken PCC - 1128018

Balance Sheet detailed

31/12/2020
31/12/2019
As at
As at
Fixed assets
3000: freehold Land
Total Fixed assets
Current assets
6501: Barclays current account
6502: Restoration Fund
6505: Barclays deposit account
6506: Church Fabric Deposit Account
6510: CCLA (CBF) deposit account
6511: CDBF Tithe Chancel
6590: Cash in hand
6591: Coffee Fund cash in hand
6592: Children's cash in hand
6593: Churchyard Cash in hand
6599: NatWest Pre-school account
Total Current assets
Liabilities
6699: Agency collections
Z04: Accounts Payable
Total Liabilities
Net Asset surplus (deficit)
Reserves
Excess / (deficit) to date
Z01: Starting balances
Total Reserves
100,000.00
100,000.00
100,000.00
100,000.00
7,443.79
7,282.42
869.90
2,169.90
5,020.14
6,016.12
42,968.01
43,764.15
15,012.12
14,948.65






995.45
995.45




72,309.41
75,176.69
178.00



178.00

172,131.41
175,176.69
(3,045.28)
(1,422.04)
175,176.69
176,598.73
172,131.41
175,176.69
18,688.43
Unrestricted
118,924.90
100,636.62
Designated
2,162.49
49,743.33
Restricted
51,026.27
3,063.03
Endowment
3,063.03
Represented by Funds
172,131.41
175,176.69
Total

08 April 2021

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