2020-12-31-accounts

			Page
PCC Annual	Report
independent	Examiner's	Report
Accounts			10

			Unrestricted	Designated	Restricted	Endowment	TOTAL	TOTAL
		Notes	Funds	Funds	Funds	Funds	2020	2019
			6	6	E		6	6
INCOMING RESOURCES
Income from:
Donations and Legacies		2a	134,415		30,451		164,866	162,082
Activities for Generating Funds		2b
Investment Income		2c	302				302	558
Income from Charitable Activities		2d			4,416		4,416	5,525
Other Income		2e
TOTAL INCOME			134,717	0	34,867	0	169,584	168,165
RESOURCES EXPENDED
Costs ofGenerating Funds		3a				0	0
Charitable Activities		3b	110,923	28,539	33,875	0	173,337	181,107
TOTAL RESOURCES EXPENDED			110,923	28,539	33,875	0	173,337	181,107
NET INCOMING/ (OUTGOING)	RESOURCES		23,794	(28,539	992	0	(3,753	12,942
Transfers Between Funds			(24,860)	25,207	(347)
Gains/(Losses) on Investments					239	33	272	565
NET MOVEMENT IN FUNDS			(1,066)	(3,332)	884	33	(3,481)	(12,377)
Total Funds Brought Forward			18,829	22,720	6,182	3,266	50,997	63,374
TOTAL FUNDS CARRIED FORWARD			17,763	19,388	7, 66	3,299	47516	50,997

								31-Dec	31-Dec
				Unrestricted	Designated	Restricted	Endowment	2020	2019
			Notes	Funds	Fundsf	Funds 6	Funds f	Total f	Total f
Fixed Assets
Tangible assets				0				0	0
Investments				1,803		1,893	992	4,688	4,416
Current Assets
Debtors				1,348	0	0	0	1,348	1,993
Short Term Deposits				10,542	19,388	5,173	2,307	37,410	47,400
Cash at bank and in	hand			6,019	0	0	0	6,019	1,677
Total Current Assets				19,712	19,388	7,066	3,299	49,465	55,486
Creditors: amounts	falling due within	one year	9	1,949				1,949	4,489
NET ASSETS				17,763	19,388	7,066	3,299	47,516	50997
Revenue Funds of	the Charity
Unrestricted Funds				17,763	0	0		17,763	18,829
Designated Funds				0	19,388	0		19,388	22,720
Restricted Funds				0	0	7,066		7,066	6,182
Capital Funds:
Restricted Funds							0	0	0
Endowment Funds							3,299	3,299	3,266
Total Funds				17763	19,388	7,066	3,299	47,516	50,997

2. INCOMING RESOURCES		FOR THE YEAR EN	DED 31DE	CEM	BER 2020	BER 2020
		Unrestricted	Designated		Restricted		Endowment		TOTAL	TOTAL
		Funds f	Funds f		Funds		Funds f		2020 f	2019
a) Donations and Legacies
Planned Giving		95,547			23,821				119,368	113,462
Gifts and Donations		175				0			175	4,553
Gift Aid Tax Recoverable		23,036			5,883				28,919	28,638
Church Collections		503				0			503	2,969
One Off Gifts and Donations		247				0			247	0
Other Income		232				447			679	210
Legacies and Grants		12,500				300			12,800	10,100
Churcher's College Chaplain's	Honorarium	2,175				0			2,175	2,150
Other Funds Generated		0				0			0	0
		134,415		0	30,451			0	164,866	162,082
b) Raising Funds
c) Investment Income		302							302	558
d) Income from Charitable	Activities
Fees - Weddings and Funerals					4,416				4,416	5,525
					4	416			4,416	5,525
e) Other Incoming Resources
Insurance Claim								0	0
TOTAL INCOMING RESOURCES		134,717		0	34,867			0	169,584	168,165

3.RESOURCES EXPENDED	3.RESOURCES EXPENDED	3.RESOURCES EXPENDED
					Unrestri Funds E	ed	Designated Funds	Restricted Funds	Endowment Funds f		TOTAL 2020 E		TOTAL 2019
a) Costs ofGenerating		Income
Costs of Fetes and Other		Events
Cost of Church Activities		(fully funded)
Hall Hire for Lunches
b) Charitable Activities
Mission Giving						0	12,400				12,400		12,000
Diocesan Parish Share					86,031		0				86,031		85,344
Ministry Costs
Worship					1, 05			41			1,446		2,289
Pastoral						12		61				73	676
Outreach						362		0				362	3,187
Vicarage						204		0				204	68
Hire of Hall						94		0				494	2,147
Wedding and Funeral Costs						522		2,832			3,354		3,479
Staffing Costs
Administrator					10, 916		0	0			10,916		10,798
Verger and Wedding	Clerk				1, 294		0	0			1,294		1,165
Youth Worker						0	0	30,497			30,497		30,356
Seniors Chaplain						0	16,012	0			16,012		15,736
Musicians' Fees						0	0	0				0	50
Youth &Children Work						350	127	444				921	1,370
Magazine Expenses						0	0	0				0	1,094
Training						298	0	0				298	487
Parish Office					327 1,		0	0			1,327		1,355
Church Running Costs					4,	017	0	0			4,017		5,183
Church Maintenance						813	0	0				813	1,092
Administration						880	0	0			1,880		1,876
Independent Examiners		Fee				858	0	0				858	645
Other Gifts and Donations						140	0	0				140	150
General Expenses						0	0	0				0	560
TOTAL EXPENDITURE					110,	23	28,539	33,875		0	173	337	181,107
4.SUPPORT COSTS					Unrestri	ed	Designated	Restricted	Endowment		TOTAL		TOTAL
					Funds		Funds	Funds	Funds		2020		2019
				Notes				E	E		E
Administration and Governance			(as above)		13,	54				0	13,654		13,319
All support costs are for the work ofthe church

				PCC OF	ST MARY M	AGDALEN, SHEET	AGDALEN, SHEET	AGDALEN, SHEET
				NOTES TO THE	FINANCIAL	STATEMENTS (continued)
				FOR THE YEAR ENDED		31DECEMBER 2020
5.FUNDS				Balance					Gain/(Loss)			Balance
				01-3an-20 Income				Expenditure	on Investmt.	Transfers		31-Dec-20
				E		E			E			F
REVENUE FUNDS
UNRESTRICTED
General Fund					18,829	134,717		110,923	0	(24,860)		17,763
Total Unrestricted					18,829	134,717		110,923	0	(24,860		17,763
DESIGNATED
After Service Coffee					337			0			0	337
Costa Fund					0			127			127	0
Mission and Outreach		Fund			0			12,400		12,400		0
Projects Fund					19,050			0			0	19,050
Seniors Chaplain Fund					3.333			16,012		12,680		1
Total Designated					22,720		0	28,539	0	25,207		19/388
Total Unrestricted		Ik	Designated		41,549	134,717		139,462		347		37,151
RESTRICTED
Flower Fund					41		0	41			0	0
Lady Ioan Taxi Fund					536		0	61			0	475
Oasis Fund					3,002		747	0			0	3,749
Organ Restoration	Fund				833		0	0			0	833
Wedding and Funeral Youth Bibles		Fund			0 116	4,416 0		2,832 0		(1,584) 0		0 116
Youth Worker Fund					0	29,704		30,941		1,237		0
Total Restricted					4,528	34,867		33,875	0	(347)		5,173
CAPITAL FUNDS
Legacy Trust					1,654				239			1,893
Total Restrictive	Capital Funds				1,654				239			1,893
Miss Nixon-Endowment			Investment		959				33			992
Sheet Old Parsonage		Land Trust			2,307							2,307
Total Endowment	Capital Funds				3,266				33			3,299
Totals				50~997		169	584	173g337	272			471516

Pur	ose oftransfers between	funds
	I FlQrn			To
	127 General Fund						COSta Fund		(deeignated)					To cover	spending		from		designated		fund
	12,680 General Fund						Seniors	Chaplain			Fund	(designated)		To cover	spending		from		designated		fund
	1,584 Wedding 8t	Funeral	Fund		(restrictec		General	Fund						To transfer surplus			to General Fund				after all		fees paid
	1,237 General Fund 12,400 General Fund						Youth Worker Fund (restricted) Mission and Outreach Fund (designated)							To cover 812,400	shortfall of spending from restricted fund was made available by the PCC to the Mission										and	Outreach
														Committee, in line				with	the commitment				to give	10'le	of	the 2020
														unrestricted income				to	the Mission		Fund.		In 2020	The	Mission		and
														Outreach	Committee			allocated		812,400		from the		Mission		Fund	to
														Charities	as shown		below:
										Home			Overseas	Total				Total
											2020 f		2020 I	2020 f.				2019 I
	A Rocha												2,080		2,080				1,000
	Acorn Trust										1,240				1,240				1,200
	Bible Society										1,240				1,240				1,200
	HomeStart	Butser									1,240				1,240				1,200
	In Ministry	to Children		(IMC)									2,080		2,080				1,000
	International	)ustice		Mission		UK							2,080		2,080				1,000
	) Cross (YWAM)												1,200		1,200				1,200
	King's Arms										1,240				1,240				1,200
	Tearlund														0				3,000
											4,960		7,440		12,400				12,000

5.FUNDS (Continued)
Special Collections - Outside ofthese Collections on behalf ofAgencies	Accounts				2020 E		2019 E
Addenbrookes Hospital Alzheimer's Society (Funeral Collection) Bishop's Lent Appeal						0 0 50		162 180 250
Bloodwise Cancer						307		0
Bdtish Heart Foundation (Funeral Collection)						0		335
British Legion Poppy Appeal						0		217
Children with Cancer (Funeral Collection) Children's Society (Christmas Collections)						0 78		145 540
CRUSE Dementia Hub Great Ormond Street Children's Hospital	(Funeral	Collection)				0 90 0		290 0 238
Hampshire Ambulance (Funeral Collection)						0		270
Macmillan (Funeral Collection) Medecins Sans Frontieres (Funeral Collection)						0 0		218 232
PACTS Pop-Up Prayer						0		35
Ronald MacDonald (Funeral Collection) Tear Fund (Christmas Collections)						0 0		99 495
UNICEF						0		180
WaterAid (Funeral Collection)						0		192
Winter Fuel Payments						300		0
						825	4,078
6.CASH AT BANK AND IN HAND			Unrestricted	Designated	Restricted		Endowment		Total 31-Dec	Total 31-Dec
			Funds	Funds	Funds		Funds		2020	2019
			6	E	E		E			E
Current Account			6,019						6,019	1,677
			6,019						6,019	1,677
7.SHORT TERM DEPOSITS			Unrestricted	Designated	Restricted		Endowment		Total 31-Dec	Total 31-Dec
			Funds 6	Funds 6	Funds 5		Funds F		2020 5	2019
CCLA Deposit Deposit Account (Parsonage) CBFChurch of England Deposit Fund			103 10,439	0 19,388	0 5,173		2,307 0		2,410 35,000	2,400 45,000
			10,542	19,388	5,173		2,307		37,410	47,400
8.DEBTORS AND PREPAYMENTS			Unrestricted	Designated	Restricted		Endowment		Total 31-Dec	Total 31-Dec
			Funds 5	Funds E	Funds		Funds E		2020 E	2019
Accrued Income Prepayments (Hall Hire)			1,348 0						1,348 0	1,499 494
			1,348						1,348	1,993