2020-12-31-accounts

Annual Report	Annual Report		2-7
Statement	ofthe PCC's	responsibilities
Statement	of Financial	Activities
Statement	of Financial	Position	10
Notes tothe Accounts			11-17
Independent	Examiner's	Report	18

Church ., i, ,		Annual Report a	nd Accounts fo	r the year ended	31st	December 20	20
Statement of Financial Activities		(SOFA)
		Unrestricted	Restricted	Endowment			Prior year
		funds E	funds E	funds E	Total funds E		fundsf
Incoming resources
Incoming resources from
generated funds
-Voluntary income	2	324,241	3,338			327,579	316,521
-Activities for generating
funds	4	2,944				2,944	10,153
-Investment income	3	30,236	8,275			38,511	18,367
Incoming resources from	4	8,361				8,361	50,057
charitable activities
Other incoming resources	5	443	88,500			88,943	78,500
Total incoming resources		366,225	100,113			466,338	473,599
Resources used
Charitable activities	6	358,394	88,900			447,294	517,709
Governance costs
Other resources used
Total resources used		358,394	88,900			447,294	517,709
Net income / (expenditure)		7,831	11,213			19,044	(44,110)
Transfers
Gross transfers between
funds —in		50,381
Gross transfers between
funds —out			(50,381)
Net income / (expenditure)		58,212	(39,168)			19,044	(44,110/
Other recognised
gains/losses
Gains/losses on investment
assets				7,974		7,974	42,029
Gains on revaluation, fixed
assets, charity's own use
Net movement in funds		58,212	(39,168)	7,974,i		27,018	(2,081)
Reconciliation offunds
Total funds brought forward		76,182	39,168	1,366,269	1,481,594		1,483,674
Total funds carried forward		134,394	0	1,374,217	1,508,611		1,481,594

				2020		2019
			Note
Fixed Assets
Tangible assets				1,122,307		1,114,199
Investments				279 218		271244
				1,401,525		1,385,443
Current assets
Stocks &works in progress				577		819
Debtors				6,998		12,462
Cash at bank	and in	hand		146499	'	130548
				154,074		143,829
Creditors: amounts		falling due within 1year	10	(9,988)		(10,678)
Net current	assets			~144086		~133151
Total assets	less current liabilities			1,545,611		1,518,594
Provisions for liabilities				(37,000)		(37,000)
Net assets				1,508,611		1,481,594
Represented	by:
Unrestricted	funds			134,394		76,182
Restricted funds				0		39,168
Capital funds				1,374,217		1,366,244
				1,508,611		1,481,594
Funds ofthe	church

			2020		2019
		Unrestricted	Restricted	Total	Total
		Funds	Funds	Funds	Funds
			f	f	E
2	Voluntary income
	Planned giving:
	Gift Aided donations	168,184		168,184	164,297
	Tax recoverable thereon	43,286		43,286	41,084
	Charity vouchers	64,861		64,861	57,866
	Other planned giving	39,766		39,766	36,630
	Collections	2,786		2,786	8,466
	Gift Aid on Small Donations	674		674	1,694
	Planned and regular giving	319,557		319,557	310,037
	Non-recurring donations;
	Gift Aided donations	2,135	2,350	4,485	2,395
	Taxrecioimed	534	588	1,122	599
	Other donations	757	400	1,157	3,490
	Legacies	1,258		1,258
	Total voluntary income	324,241	3,338	327,579	316,521
3	Investment &rental income
	63Cedars Rd. &other rents	29,820		29,820	9,250
	Interest from bank accounts	89		89	285
	Thomas Trust income		8,275	8,275	8,512
	Other Trust income	327		327	320
		30,236	8,275	38,511	18,367

Income from church act	iviti	es
						2020	2019
						E	6
Toddlers Income						794	2,606
Children/Youth Income						0	10
Student Income						417	2,012
20's &30's Income						0	333
Dad &Co./Adult Income						22	57
Special Event Income						2,650	11,862
Church Weekend Away						0	25,100
Book Sales						107	661
Training &development						0	2,820
Wedding & Funeral Fees						1,734	4,156
Sundry income						2 637	440
Subtotal						8,361	50,057
Centre Bookings &churchyard			income			2,944	10,153
						11,305	60,210
Other incoming resources
						E	6
Grants from Larkbeare	Christian		Trust	(Restricted	Funds)	88,500	78,500
Insurance claims (Unrestricted			Funds)			443
						88,943	78,500
Cost ofchurch activities
						E	E
Common fund contribution						201,298	195,000
Staff Costs (see also note 6a)						130,188	122,869
Buildings &Other Property		Maintenance				11,134	46,223
Donations to Mission Partners			&Agencies			64,740	69,828
Church &Centre utilities						7,966	9,505
Church &Centre insurance		8 running		costs		9,462	12,721
Photocopying & printing						1,388	3,410
Telephone, website & ITsupport						3,215	2,851
General expenses						1,471	1,261
Ministry						2,430	10,694
Church Weekend Away						0	25,622
Special Events						4,350	9,794
Bookstall Costs &Other	Books					383	1,387
Copyright fees						1,498	1,304
Depreciation						4,354	4,337
Sundry expenses						2,985	607
Legal and professional fees						0	296
Specific items expenditure						432	0
						447,294	517,709

Church 6a Staff Costs		Annual Report and Accoun	ts for the year ended 31st	Dece	mber 202
			2020 f		2019f
Gross salaries			81,997	II	74,682
Ministry Assistants'	allowances		16,6&5		16,870
Employers' National	Insurance		2,758		2,624
Pension Contributions			12,808		11,672
Housing costs			14,133		10,602
Stafftraining, development		and expenses	1,807		6,419
			130,188		122,869

7 Tangible fixed assets
Cost or Valuation	Property f	Equipment f	Total f
As at 1January 2020	1,095,000	53,990	1,148,990
Additions		12,479	12,479
As at 31December 2020	1,095,000	66,469	1,161,469
Depreciation
As at 1January 2020		34,808	34,808
Charge for the year		4,354	4,354
As at 31December 2020		39,162	39,162
Net Book Value
As at 1January 2020	1,095,000	19,199	1,114,199
As at 31December 2020	1,095,000	27,307	1,122,307

8 Investments
		2020		2019
	Other	Thomas	Total	Total
		Trust
	6	6	6	6
Market value at 1January 2020	10,691	260,553	271,244	229,215
Revaluations	700	7,274	7,974	42,029
Market value at 31December 2020	11,391	267,827	279,218	271,244

9 Debtors
		2020	2019
			6
Debtors		2,510	1,797
Legacy income accrued
Prepayments		1,035	150
Accounts payable			113
Gift aid tax owing		3,453	10,402
		6,998	12,462
10 Creditors: Amounts	falling due within one year
		2020 6	2019f
Creditors		9,226	8,679
Diocesan fees		638	377
Receipts in advance		124	1,622
		9,988	10,678
11Provisions for liabilities
			Total
			6
At 1January 2020			37,000
Utilised
At 31December 2020			37000

				Opening	Net	Transfers	Gains/	Closing
					resources		losses
				6	f	f	f	f
Unrestricted	funds
General fund	—St			76,182	7,831	50,381		134,394
Leonard's
Total unrestricted			funds	76,182	7,831	50,381		134,394
Restricted funds
St.Leonard's				39,168	11,213	(50,381)
Other
Total restricted		funds		39,168	11,213	(50,381)
Capital funds
Property fund				1,095,000				1,095,000
Investment fund				271,244			7,974	279,218
Total capital funds				1,366,244			7,974	1,374,218
TOTALFUNDS				1,481,594	19,044		7,974	1,508,611