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|PCC Annual|Report|||
|independent|Examiner's|Report||
|Accounts|||10|
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||||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|
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|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|
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|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|
##
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|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|||||||||
##
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|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|
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