| Page | ||||
|---|---|---|---|---|
| Reference and administrative | details ofthe Charity, its Members | and advisers | 1-2 | |
| Annual report |
3-12 | |||
| Members' responsibilities |
statement | 13 | ||
| Independent examiner's |
report | 14-15 | ||
| Statement offinancial activities | ||||
| Balance sheet | 17 | |||
| Statement ofcash flows | 18 | |||
| Notes to the financial statements | 19-39 |
| FO | R THE YEA | R ENDED 31 DE | CEMBER 2020 | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Note | 2020 | 2020 5 |
2020f | 2019 E |
|
| Income from: | |||||
| Donations and legacies |
370,265 | 45,475 | 415,740 | 384,128 | |
| Charitable activities |
7,338 | 12,027 | 19,365 | 27,770 | |
| Other trading activities |
16,086 | 854 | 16,940 | 37,267 | |
| Investments | 3,950 | 3,950 | 4,690 | ||
| Other income | 3,038 | 3,038 | 11,081 | ||
| Total income | 397,639 | 61,394 | 459,033 | 464,936 | |
| Expenditure on: |
|||||
| Raising funds | 9 | 8,271 | 8,271 | 25.022 | |
| Charitable activities |
10 | 389,367 | 65,689 | 455,056 | 485,523 |
| Total expenditure | 397,638 | 65,689 | 463,327 | 510,545 | |
| Net gains on investments | 177 | 177 | 1,006 | ||
| Net income/(expenditure) | 1 | (4,118) | (4,117) | (44,603) | |
| Net movement in funds |
1 | (4,118) | (4,117) | (44,603) | |
| Reconciliation offunds: |
|||||
| Total funds brought forward |
471,963 | 451,022 | 922,985 | 967,588 | |
| Net movement in funds |
1 | (4,118) | (4,117) | (44,603) | |
| Total funds carried forward | 471,964 | 446,904 | 918,868 | 922,985 |
| BALANCE SHEET | BALANCE SHEET | ||||||
|---|---|---|---|---|---|---|---|
| AS AT 31DECEMBER 2020 | |||||||
| 2020 | 2019 | ||||||
| Note | E | 5 | |||||
| Fixed assets | |||||||
| Tangible assets | 17 | 487,510 | 512,240 | ||||
| Investments | 18 | 6,384 | |||||
| 487,510 | 518,624 | ||||||
| Current assets | |||||||
| Debtors | 19 | 26,803 | 33,296 | ||||
| Cash at bank | and in hand | 429,704 | 420,482 | ||||
| 456,507 | 453,778 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | 20 | (20,149) | (31,383) | ||||
| Net current | assets | 436,358 | 422,395 | ||||
| Total assets | less current liabilities | 923,868 | 941,019 | ||||
| Creditors: amounts | falling due after more | ||||||
| than one year | 21 | (5,000) | (18,034) | ||||
| Total net assets | 918,868 | 922,985 | |||||
| Charity funds | |||||||
| Restricted funds | 22 | 446,904 | 451,022 | ||||
| Unrestricted | funds | 22 | 471,964 | 471,963 | |||
| Total funds | 918,868 | 922,985 |
| STATEMENT OF | STATEMENT OF | CASH FLOWS | |||||||
|---|---|---|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31 DECEMBER | 2020 | ||||||||
| 2020 | 2019 | ||||||||
| Note | 6 | ||||||||
| Cash flows from operating | activities | ||||||||
| Net cash | used in operating |
activities | 25 | (1,289) | (10,798) | ||||
| Cash flows from investing | activities | ||||||||
| Interest | 3,950 | 4,690 | |||||||
| Purchase | oftangible fixed assets |
(32,982) | |||||||
| Proceeds | from sale ofinvestments | 6,561 | |||||||
| Net cash | provided by/(used |
in) investing | activities | 10,511 | (28,292) | ||||
| Change | in cash and cash | equivalents | in | the year | 9,222 | (39,090) | |||
| Cash and | cash equivalents | at the beginning | ofthe year | 420882 | 459,572 | ||||
| Cash and cash equivalents | at the end ofthe year | 26 | 429,704 | 420.482 | |||||
| The notes on pages 19to 39 | form part | ofthese financial | statements |
| Unrestdicted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2020 | 2020 | 2020f | 2019 F |
|
| Stewardship | 275,923 | 275,923 | 267,518 | |
| Legacies | 1,008 | |||
| Offertories | 2,556 | 2,556 | 7,135 | |
| Income Tax recoverable | 66,061 | 1,500 | 67,561 | 60,809 |
| Donations | 25,725 | 43,975 | 69,700 | 47,658 |
| 370,265 | 45,475 | 415,740 | 384,128 | |
| Total 2019 | 351,438 | 32,690 | 384,128 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2020 | 2020 | 2020 | 2019 | |
| 6 | 6 | 6 | ||
| Church family events |
163 | |||
| Income from youth work and activities | 469 | 469 | 3,178 | |
| Alpha | 50 | 50 | 20 | |
| Town Team | 15 | 15 | 819 | |
| Weddings and funerals |
6,089 | 6,089 | 5,893 | |
| Evangelism | 60 | |||
| Discipleship | 77 | 77 | 176 | |
| PRS | 370 | 370 | 371 | |
| Men's ministry | 5,813 | |||
| St Nic's Kids | 283 | 283 | 767 | |
| CAP DCM | 11,600 | 11,600 | 8,846 | |
| Meet Monday | 1,400 | |||
| Hidden Treasures | 412 | 412 | 264 | |
| 7,338 | 12,027 | 19,365 | 27,770 | |
| Total 20'I9 | 16,441 | 11,329 | 27,770 |
| Unrestricted | Restncted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2020 | 2020 6 |
2020 6 |
2019f | ||
| Hall leitings | 6,893 | 6,893 | 23,849 | ||
| Braunfels | walk rent | 5,187 | 5,187 | 2,123 | |
| Newbury | Spring Festival | 5,367 | |||
| Bellringers | 189 | 189 | 450 | ||
| Women's | events | 665 | 665 | 1,682 | |
| Other | 4,006 | 4,006 | 3,796 | ||
| 16,086 | 854 | 16,940 | 37,267 | ||
| Total 2019 | 35,135 | 2,132 | 37,267 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2020 | 2020 | 2019 | |
| 6 | 6 | ||
| Interest received | 3,950 | 3,950 | 4,690 |
| Total 2019 | 4,690 | 4,690 |
| Restdcted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2020f | 2020f | 2019f | |||
| Insurance | claims | 11,081 | |||
| Government | grants | 3,038 | 3,038 | ||
| 3,038 | 3,038 | 11,081 | |||
| Total 2019 | 11.081 | 11,081 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2020f | 2020f | 2020f | 2019f | ||
| St Nicolas' | House | 3,828 | 3,828 | 20,833 | |
| Braunfels | walk | 4,443 | 4,443 | 4,189 | |
| 8,271 | 8,271 | 25,022 | |||
| Total 2019 | 13,941 | 11,081 | 25,022 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2020 | 2020 | 2020 | 2019 | ||
| 8 | 6 | 6 | 6 | ||
| Charitable | activities - other activities | 354,231 | 64,689 | 418,920 | 426,130 |
| Charitable | activities - grants | 35,136 | 1,000 | 36,136 | 59,393 |
| 389,367 | 65,689 | 455,056 | 485,523 | ||
| Total 2019 | 431,790 | 53,733 | 485,523 |
| Total | Total | |||||
|---|---|---|---|---|---|---|
| Staff costs | Depreciation | Other costs | funds | funds | ||
| 2020 8 |
2020 6 |
2020 f |
2020 8 |
2019f | ||
| Chadtable | activities - other | |||||
| activities | 119,057 | 24,730 | 275,133 | 418,920 | 426,130 | |
| Charitable | activities - grants | 36,136 | 36,136 | 59,393 | ||
| 119,057 | 24,730 | 311,269 | 455,056 | 485,523 | ||
| Total 2019 | 115,316 | 23,602 | 346,605 | 485,523 |
| Charitable activ |
ities | - Other activities | ||
|---|---|---|---|---|
| 2020 | 2019 | |||
| 6 | 6 | |||
| Parish share | 168,083 | 166,137 | ||
| Church running |
expenses | 56,564 | 55,309 | |
| Church family event |
80 | 1,260 | ||
| Ministry staff | 46,773 | 48,224 | ||
| Youth department | 924 | 5,918 | ||
| Clergy and staff | expenses | 6+76 | 10,511 | |
| Organist, choir and organ |
2,076 | 4,231 | ||
| Collections for charities | 10,955 | 6,476 | ||
| Reordering costs |
1/75 | |||
| Welcome | 424 | 2,155 | ||
| Evangelism and |
discipleship | 537 | 2,191 | |
| Bellringers | 240 | 693 | ||
| Pastoral care | 471 | 163 | ||
| St Nice' Kids | 2,107 | 2,762 | ||
| Women's ministry |
7 | |||
| Men's ministry | 5,970 | |||
| Services | 430 | 321 | ||
| Town Team | 1,139 | 355 | ||
| Weddings and funerals |
3,946 | 3,641 | ||
| Churchwardens' | account | |||
| Bursaries | 272 | |||
| Women's events | 1 213 | 1,490 | ||
| CAP DCM | 11,066 | 5,952 | ||
| CAP Blessings | 90 | |||
| Meet Monday | 331 | |||
| Hidden Treasures | 1,982 | 2,075 | ||
| Memorial garden |
44 | |||
| Rector's discretionary | fund | 262 | ||
| Supportcosts | 100,832 | 99,973 | ||
| 418,920 | 426,130 |
| Included in |
charitable activities are the following |
support costs: | |
|---|---|---|---|
| 2020 | 2019 | ||
| 6 | E | ||
| Stationery and advertising |
3,457 | 3,949 | |
| Telephones | and IT | 6,751 | 7,340 |
| Postage | 2,208 | 169 | |
| Printing | 2,436 | 3,431 | |
| Office salaries | 52,617 | 52,859 | |
| Depreciation | 24,730 | 23,602 | |
| Other costs | 1,689 | 2,098 | |
| Copyright/licences | 1,723 | 1,300 | |
| Governance | costs | 5,221 | 5,225 |
| 100,832 | 99973 |
| Institutions | Institutions | ||||||
|---|---|---|---|---|---|---|---|
| and | Total | Total | |||||
| individuals | funds | funds | |||||
| 2020 | 2020 | 2019 | |||||
| 6 | E | E | |||||
| Grants | 36,136 | 36,136 | 59,393 | ||||
| The Charity has made the fogowktg | material grants to institutions | during the year: | |||||
| 2020 | 2019 | ||||||
| 5 | E | ||||||
| COINS | 10,000 | 10,000 | |||||
| Shoemakers | 1,500 | 1,000 | |||||
| Bible Society | 1,000 | 1,000 | |||||
| Mark & Ruth Zealey | 4,200 | 4,400 | |||||
| Miriam Dean | Fund | 2,000 | 1,400 | ||||
| FHAM | 9,250 | ||||||
| Newbury YMCA |
5,000 | 5,000 | |||||
| Sat 7 | 1,250 | 1,000 | |||||
| Bus of Hope | 1,000 | 1,000 | |||||
| Hawkridge Distillers |
Ltd | 1,000 | |||||
| Biojemmss Organisation | UK | 3,000 | 2,400 | ||||
| Churchcentral | Trust | 2,000 | |||||
| P &C Winmill | 2,500 | 2,000 | |||||
| Newbury Street Pastors |
1,000 | 1,000 | |||||
| Christians Against |
Poverty (CAP) | 15,000 | |||||
| St Lawrence's, | Hungerford | 436 | |||||
| Other | 2,250 | 2,943 | |||||
| 36,136 | 59,393 |
| 2020f | 2019f |
|---|---|
| 5,221 | 5,225 |
| Staff costs | ||
|---|---|---|
| 2020f | 2019 | |
| Wages and salaries | 110,482 | 106,878 |
| Social security costs | 8,870 | 6,785 |
| Pension costs | 1,905 | 1653 |
| 119,057 | 115,316 |
| 2020 | 2019 |
|---|---|
| No. | No. |
| 10 | 10 |
| 2020 | 2019 |
| No. | No. |
| Freehold | Fixtures & | ||
|---|---|---|---|
| property | fittings | Total | |
| 6 | 6 | 6 | |
| Cost or valuation | |||
| At 1 January 2020 | 507,844 | 228,509 | 736,353 |
| At 31 December 2020 | 507,844 | 228,509 | 736,353 |
| Depreciation | |||
| At 1 January 2020 | 121,025 | 103,088 | 224,113 |
| Charge for the year | 7,722 | 17,008 | 24,730 |
| At 31 December 2020 | 128,747 | 120,096 | 248,843 |
| Net book value | |||
| At 31 December 2020 | 379,097 | 108,413 | 487,510 |
| At 31 December 2019 | 386,819 | 125,421 | 512,240 |
| Listed | |
|---|---|
| investments | |
| 6 | |
| At 1 January 2020 | 6,384 |
| Disposals | (6,561) |
| Revaluations | 177 |
| Net book value | |
| At 31 December 2020 | |
| At 31 December 2019 | 6,384 |
| 2020 | 2019 | ||
|---|---|---|---|
| K | 6 | ||
| Due within one year | |||
| Other debtors | 22,750 | 17,929 | |
| Prepayments | and accrued income | 4,053 | 15,367 |
| 26,803 | 33,296 |
| 2020 | 2019 | ||
|---|---|---|---|
| 8 | 6 | ||
| Other creditors | 8,860 | 14,389 | |
| Accruals and deferred | income | 6,289 | 6,994 |
| Grants accrued | 5,000 | 10,000 | |
| 20,149 | 31,383 |
| 2020 | 2019 |
|---|---|
| 8 | 6 |
| 5,000 | 18,034 |
| Statement off | unds | - current | year | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at 1 | 31 | ||||||
| January | Gains/ | December | |||||
| 2020 6 |
Income 6 |
Expenditure f |
(Losses) 5 |
2020 | |||
| Unrestricted funds |
|||||||
| General Funds | —all | funds | 471,963 | 397,639 | (397,638) | 471,964 | |
| Restdcted funds | |||||||
| Property | 380,811 | (7,597) | 373,214 | ||||
| Sound system | 20,360 | (4,142) | 16,218 | ||||
| Choir and worship - | legacy | 2,211 | 2211 | ||||
| Morden College | 5,452 | 5,452 | |||||
| Church funds | 2,503 | 26,000 | (15,564) | 12,939 | |||
| Schneider memorial | 4,525 | 4,525 | |||||
| Investments | 6,384 | (6,561) | 177 | ||||
| Church projection system | 11,004 | (1,389) | 9,615 | ||||
| Collections for charities | 10,955 | (10,955) | |||||
| CAP DCM | 2,279 | 11,600 | (11,484) | 2,395 | |||
| CAP Blessings | 7,500 | (90) | 7,410 | ||||
| Other miscellaneous | funds | 15,493 | 5,339 | (7,907) | 12,925 | ||
| 451,022 | 61,394 | (65,689) | 177 | 446,904 | |||
| Total offunds | 922,985 | 459,033 | (463,327) | 177 | 918,868 |
| Statement offunds | - prior ye | ar | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | 31 | |||||
| 1 January | Gains/ | December | ||||
| 2019f | Income 8 |
Expenditure 5 |
(Losses)f | 2019 6 |
||
| Unrestricted funds |
||||||
| General Funds - all | funds | 509,990 | 407,704 | (445,731) | 471,963 | |
| Restricted funds | ||||||
| Property | 388,407 | (7,596) | 380,811 | |||
| Sound system | 24,501 | (4,141) | 20,360 | |||
| Choir and worship - | legacy | 2,211 | 2,211 | |||
| Morden College | 5,452 | 5.452 | ||||
| Church funds | 26,000 | (23,497) | 2,503 | |||
| Schneider memorial |
4,525 | 4,525 | ||||
| Investments | 5,378 | 1,006 | 6,384 | |||
| Church projection system | 12,394 | (1,390) | 11,004 | |||
| Collections for charities | 6,476 | (6,476) | ||||
| SNH Car damage | 11,081 | (11,081) | ||||
| CAP DCM | 8,846 | (6,567) | 2,279 | |||
| Other miscellaneous | funds | 14,730 | 4,829 | (4,066) | 15,493 | |
| 457,598 | 57,232 | (64,814) | 1,006 | 451,022 | ||
| Total offunds | 967,588 | 464,936 | (510,545) | 1,006 | 922,985 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at 1 | 31 | |||||
| January | Gains/ | December | ||||
| 2020f | Income f |
Expenditure f |
(Losses)f | 2020f | ||
| General funds | 471,963 | 397,639 | (397,638) | 471,964 | ||
| Restricted | funds | 451,022 | 61,394 | (65,689) | 177 | 446,904 |
| 922,985 | 459,033 | (463,327) | 177 | 918,868 | ||
| Summary | offunds - prior year | |||||
| Balance at | ||||||
| Balance at | 31 | |||||
| 1 January | Gains/ | December | ||||
| 2019f | Income F |
Expenditure f |
(Losses) | 2019 | ||
| General funds | 509,990 | 407,704 | (445,731) | 471,963 | ||
| Restricted | funds | 457,598 | 57,232 | (54,814) | 1,006 | 451,022 |
| 957,588 | 454,936 | (510,545) | 1,006 | 922,985 |
| Analysis | ofn | et assets between funds - current |
period | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| 2020f | 2020f | 2020f | |||
| Tangible | fixed | assets | 87,124 | 400,386 | 487,510 |
| Current | assets | 407,138 | 49,369 | 456,507 | |
| Creditors | due | within one year | (17,298) | (2,851) | (20,149) |
| Creditors | due | in more than one year | (5,000) | (5,000) | |
| Total | 471,964 | 446,904 | 918,868 |
| 24. | Analysis ofnet assets between | Analysis ofnet assets between | funds (contin | ued) | ||
|---|---|---|---|---|---|---|
| Analysis ofnet assets between | funds - prior | period | ||||
| Unrestricted | Restricted | Total | ||||
| funds | funds | funds | ||||
| 2019 | 2019 | 2019 | ||||
| 5 | 5 | |||||
| Tangible fixed assets | 98,560 | 413,680 | 512,240 | |||
| Fixed asset investments | 6,384 | 6,384 | ||||
| Current assets | 418,730 | 35,048 | 453,778 | |||
| Creditors due within one year | (27,293) | (4,090) | (31,383) | |||
| Creditors due in more than one year | (18,034) | (18,034) | ||||
| Total | 471,963 | 451,022 | 922,985 | |||
| 25. | Reconciliation ofnet movement |
in funds to net cash flow from operating | activities | |||
| 2020 | 2019 | |||||
| 6 | E | |||||
| Net expenditure for the period |
(as | per Statement | of Financial Activities) | (4,117) | (44,603) | |
| Adjustments for: |
||||||
| Depreciation charges |
24,730 | 23,603 | ||||
| (Gains)/losses on investments |
(177) | (1,006) | ||||
| Interest | (3,950) | (4,690) | ||||
| Decrease in debtors | 6,493 | 1,805 | ||||
| Increase/(decrease) in creditors |
(24,268) | 14,093 | ||||
| Net cash used in operating | activities | (1,289) | (10,798) | |||
| 26. | Analysis ofcash and cash equivalents | |||||
| 2020 | 2019 | |||||
| 6 | 5 | |||||
| Cash in hand | 174,536 | 118,508 | ||||
| Notice deposits (less than 3 months) | 255,168 | 301,974 | ||||
| Total cash and cash equivalents | 429,704 | 420,482 |
| A11 | At 31 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| January | December | ||||||||
| 2020 | Cash | flows | 2020 | ||||||
| 6 | 6 | 6 | |||||||
| Cash | at | bank | and | in | hand | 420,482 | 9,222 | 429,704 | |
| 420,482 | 9,222 | 429,704 |