##
##
||||Page|
|---|---|---|---|
|Reference and administrative|details ofthe charity,|its Trustees and advisers|1-2|
|Trustees'
report|||3-6|
|Independent
examiner's
report|||7-8|
|Statement
of financial
activities||||
|Balance sheet|||10|
|Statement
ofcash flows||||
|Notes to the financial
statements|||12-31|
##
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##
|Members|of the|PCC are ex officio, elected
by the|PCC are ex officio, elected
by the|Annual
Parochial|Church|Meeting|Meeting|in accordance|
|---|---|---|---|---|---|---|---|---|
|with the Church||Representation
Rules or co opted. During the year the following|||||served|as members|
|ofthe PCC.|||||||||
|ExOfficio|||||||||
|Incumbent|||The Revd Patrick Bateman
(Chairman)||||||
|Associate|Vicar||The Revd Richard Rugg||||||
|Curate|||The Revd Stuart Sadler||||||
|Curate|||The Revd Tom Hill||||||
|Churchwardens|||Anna
I ise Gordon||||||
||||Bill Lowe|Stood down October 2020|||||
||||Andrew
Raid|Elected October|2020||||
|Elected to|Diocesan Synod||Brian Howells||||||
||||Sarah Slater|Joined October 2020|||||
|Emly Deanry Synod:|||Stephen Valter|Stood down
April 2020|||||
||||Nicholas
Lescure|Stood down
April|2020||||
||||Ruth Ray|Elected October|2020||||
||||Alison Shine|Elected October|2020||||
||||John Smith|Stood down October 2020|||||
||||David Steeds||||||
||||Janet Watkins|Elected October|2020||||
|||TRUSTEES' REPORT (CONTINUED)|TRUSTEES' REPORT (CONTINUED)|TRUSTEES' REPORT (CONTINUED)|
|---|---|---|---|---|
|||FOR THE YEAR ENDED||31 DECEIIBER2020|
|General|Members|Richard Aylmer|Hall||
|||Mark Chapman||Elected October 2020|
|||Andy Clifton||Elected October 2020|
|||Duncan
Colyer||Stood down October 2020|
|||Toby Dipper|||
|||Michael Goddard||Co-opted October 2020|
|||Gillian
Hall||Elected October 2020|
|||Clare Hepworth||Elected October 2020|
|||Bob Hewson|||
|||Philip Hunter|||
|||Harry Jones|||
|||Ruth Ray||Stood down October 2020|
|||Andrew
Reid||Stood down October 2020|
|||Vicki Schmidt|||
|||John Smith||Elected October 2020|
##
##
##
##
##
||F|OR THE YEA|R ENDED 31 DE|CEMBER 2020|||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
||||2020|2020|2020|2019|
|||Note|8|f|8|8|
|Income from:|||||||
|Donations
and legacies||3a|712,860|19,200|732,060|666,285|
|Charitable
activities||3c|129,411||129,411|183,815|
|Investments||3d|2,244||2,244|2,180|
|Other income||3b||36,317|36,317|32,488|
|Total income|||844,515|55,517|900,032|884,768|
|Expenditure
on:|||||||
|Raising funds||4b|1,370||1,370|4,137|
|Charitable
activities||4a|795,645|49,173|844,818|852,379|
|Total expenditure|||797,015|49,173|846,188|856,516|
|Net gains on investments|||2,999||2,999|6,872|
|Net income|||50,499|6,344|56,843|35,124|
|Transfers
between|funds|14|(500)|500|||
|Net movement
in funds|||49,999|6,844|56,843|35,124|
|Reconciliation
offunds:|||||||
|Total funds brought|forward||570,020|695,397|1,265,417|1,230,293|
|Net movement
in funds|||49,999|6,844|56,843|35,124|
|Total funds carried forward|||620,019|702,241|1,322,260|1,265,417|
##
|||BALANCE SHEET|BALANCE SHEET|||
|---|---|---|---|---|---|
|||AS AT 31 DECEMBER 2020||||
|||Note|2020f||2019
f|
|Fixed assets||||||
|Tangible assets|||1,027,895||1,047,564|
|Investments|||46,609||43,610|
||||1,074,504||1,091,174|
|Current assets||||||
|Stocks||9|1,933|1,891||
|Debtors||10|10,462|27,171||
|Short term deposits||11|35,736|34,282||
|Cash at bank and in hand||17|214,103|150,267||
||||262,234|213,611||
|Creditors: amounts|falling due within|||||
|one year||12|(14,478)|(39,368)||
|Net current assets|||247,756||174,243|
|Total assets less current liabilities|||1,322,260||1,265,417|
|Total net assets|||1,322,260||1,265,417|
|Charity funds||||||
|Restricted
funds||14|702,241||695,397|
|Unrestricted
funds||14|620,019||570,020|
|Total funds|||1,322,260||1,265,417|
##
##
|||||2020f|2019
6|
|---|---|---|---|---|---|
|Cash flows from operating|activities|||||
|Net cash used
in operating|activities|||63,049|10,701|
|Cash flows from investing|activities|||||
|Dividends,
interests
and rents from||investments||2,244|2,180|
|Net cash provided
by investing
activities||||2,244|2,180|
|Cash flows from financing|activities|||||
|Net cash provided
by financing
activities||||||
|Change
in cash and cash equivalents||in the|year|65,293|12,881|
|Cash and cash equivalents|at the beginning||ofthe year|184,549|171,668|
|Cash and cash equivalents|at the end|ofthe|year|249,842|184,549|
|The notes on pages 12to|31 form part ofthese financial statements|||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||Unrestricted|Restricted||
|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|Total Funds|
|||||||2020|2020|2020|
|||||||6|6||
|3a.|Donations|and legacies|||||||
||Gift aid donations|||||431,438|5,973|437,411|
||Gift aid donations||- Bridging the Gap|||91,679||91,679|
||Other donations|||||45,961|11,269|57,230|
||Tax recoverable|||||131,978|1,958|133,936|
||Loose plate collections
Legacies|||||1,804
~700 ~||1,804
10000|
|||||||712,860|19,200|732,060|
|3b.|Other income||||||||
||Grants||||||36317|36317|
||||||||36,317|36,317|
|3c.|Charitable|activities|||||||
||Lettings|ofchurch|properties|||6,194||6,194|
||Jigsaw pre-school;||grants||&fees|109,015||109,015|
||Fees|||||5,660||5,660|
||Partially
Bookstall|funded
activities
sales||||6,889
1 653||6,889
~16|
|||||||129,411||129,411|
|3d.|Income from investment|||activities|||||
||Dividends|and interest||||2 244||2 244|
|||||||2,244||2,244|
|||||||844,515|55,517|900,032|
##
||||||Unrestricted|Restricted||
|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Total Funds|
||||||2019|2019|2019|
||||||6|F||
|3a.|Donations|and legacies||||||
||Gift aid donations||||478,668|11,152|489,820|
||Other donations||||44,689|8,333|53,022|
||Tax recoverable
Loose plate collections||||118,176
~267||118,176
5267|
||||||646,800|19,485|666,285|
|3b.|Other income
Grants||||1 049|31439|~2 488|
||||||1,049|31,439|32,488|
|3c.|Charitable|activities||||||
||Lettings|ofchurch properties|||26,313||26,313|
||Jigsaw pre-school: grants|||&fees|124,747||124,747|
||Fees||||10,965||10,965|
||Partially
Bookstall|funded
activities
sales|||18,440
~33 0||18,440
3350|
||||||183,815||183,815|
|3d.|Income from investment
Dividends
and interest||activities||~20||2 180|
||||||2,180||2,180|
||||||833,844|50,924|884,768|
##
##
##
|||||||Unrestricted|Restricted|Restricted||
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds||Total Funds|
|||||||2020|2020||2020|
|||||||E|f||E|
|4a.|Charitable
activities|||||||||
||Missionary
and charitable||giving|||64,000|6,938||70,938|
||Diocesan parish share|||||177,064|||177,064|
||Staff remuneration|||||275,155|8,552||283,707|
||Staff accommodation|||||25,559|3,000||28,559|
||Clergy and leaders' expenses|||||2,276||206|2,482|
||Ministry costs|||||16,650|11,596||28,246|
||Worship,
discipleship|and|prayer|||7,491||375|7,866|
||Evangelism
and mission|||||13,925|||13,925|
||Pastoral
and seniors|||||3,069|||3,069|
||Children
and families|||||3,424|||3,424|
||Youth|||||7,407|1,301||8,708|
||Church complex - Utilities|||||18,663|||18,663|
||Church complex - Maintenance|||a|nd repairs|11,345|||11,345|
||Other PCC property|upkeep||||5,156|||5,156|
||Major building
expenditure|||||36,447|||36,447|
||Upkeep ofchurchyard|||||3,146|1,091||4,237|
||Depreciation
offixed|assets||||3,555|16,114||19,669|
||Stationery
and photocopying|||||14,226|||14,226|
||Coffee and other activities|||||1,248|||1,248|
||Equipment|||||1,873|||1,873|
||Jigsaw preschool expenses|||||84,441|||84,441|
||Telephone|||||3,337|||3,337|
||IT including
website|||||8,415|||8,415|
||Other (including
postage)|||||4,484|||4,484|
||Independent
examination|||||3 289|||3289|
|||||||795,645|49,173||844,818|
|4b.|Trading costs|||||||||
||Bookstall purchases|||||1 370|||1 37D|
|||||||1,370|||1,370|
|||||||797,015|49,173||846,188|
|||||||Unrestricted|Restncted||
|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|Total Funds|
|||||||2019|2019|2019|
|||||||f||f|
|4a.|Charitable
activities||||||||
||Missionary
and charitable||giving|||66,000|9,412|75,412|
||Diocesan parish share|||||180,807||180,807|
||Staff remuneration|||||288,821|5,000|293,821|
||Staff accommodation|||||5,544|7,500|13,044|
||Clergy and leaders' expenses|||||4,142||4,142|
||Ministry costs|||||11,925|15,905|27,830|
||Worship,
discipleship|and|prayer|||12,790||12,790|
||Evangelism
and mission|||||27,111||27,111|
||Pastoral
and seniors|||||5,703|50|5,753|
||Children
and families|||||7,215||7,215|
||Youth|||||14,059|1,672|15,731|
||Church complex - Utilities|||||21,956||21,956|
||Church complex - Maintenance|||a|nd repairs|11,921||11,921|
||Other PCC property|upkeep||||6,948||6,948|
||Major building
expenditure|||||3,155||3,155|
||Upkeep of churchyard|||||1,069||1,069|
||Depreciation
offixed|assets||||5,490|16,114|21,604|
||Stationery
and photocopying|||||17,502||17,502|
||Coffee and other activities|||||7,074||7,074|
||Equipment|||||1,422||1,422|
||Jigsaw preschool expenses|||||81,919||81,919|
||Telephone|||||3,585||3,585|
||IT including
website|||||3,637||3,637|
||Other (including
postage)|||||3,566||3,566|
||Independent
examination|||||3 365||365|
|||||||796,726|55,653|852,379|
|4b.|Trading costs||||||||
||Bookstall purchases|||||41 7||4 137|
|||||||4,137||4,137|
|||||||800,863|55,653|856,516|
##
##
##
|Staff costs||||
|---|---|---|---|
|||2020|2019f|
|Wages &salaries||313,937|339,792|
|Social Security Costs||17,969|18,627|
|Incumbent
-working|expenses|1,290|1,603|
|Other costs including|pension|31,664|16,710|
|||364,860|376,732|
|Associate Vicar|
|---|
|Office Staff|
|Ministry Team|
|Caretaking
Staff|
|2020|2019|
|---|---|
|No.|No.|
|12|11|
##
##
##
|||Freehold||||
|---|---|---|---|---|---|
||Freehold|Ministry|Freehold 4|||
||Ministry|Centre|Denman|Fixtures and||
||Centre|Additions|Drive|fittings|Total|
||f|8|8|F|6|
|Cost or valuation||||||
|At 1 January 2020|408,849|406,054|357,641|84,086|1,256,630|
|At 31 December 2020|408,849|406,054|357,641|84,086|1,256,630|
|~D||||||
|At 1 January 2020||132,089||76,977|209,066|
|Charge for the year||16,114||3,555|19,669|
|At 31 December 2020||148,203||80,532|228,735|
|Net book value||||||
|At 31 December 2020|408,849|257,851|357,641|3,554|1,027,895|
|At 31 December 2019|408,849|273,965|357,641|7,109|1,047,564|
##
||Listed|
|---|---|
||investmentsf|
|Cost or valuation||
|At 1 January 2020|43,610|
|Revaluations|2,999|
|At 31 December 2020|46,609|
|Net book value||
|At 31 December 2020|46,609|
|At 31 December 2019|43,610|
##
##
|9.|Stocks|||||
|---|---|---|---|---|---|
|||||2020|2019|
||Books on bookstall|||1,933|1,891|
|10.|Debtors|||||
|||||2020|2019|
||||||6|
||Due within one||ear|||
||Trade debtors|||1,094|7,786|
||Prepayments|and accrued income|||7,013|
||Tax recoverable|||9,368|12,372|
|||||10,462|27,171|
##
|11.|Current a|sset invest|me|nts|||||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
||||||||f||
||Short term deposits||||||35,736|34,282|
|12.|Creditors:|Amounts|falling||due within one year||||
||||||||2020|2019|
||Trade creditors||||||6,505|12,989|
||Other creditors||||||6,900|24,615|
||Accruals|and deferred||income|||1,073|1,764|
||||||||14,478|39,368|
|13.|Financial|instruments|||||||
||||||||2020|2019|
||Financial|assets|||||||
||Financial|assets measured|||at fair value through|income and|||
||expenditure||||||46,609|43,610|
##
##
|Statemen|t|offu|nds - current ye|ar|||||
|---|---|---|---|---|---|---|---|---|
|||||||||Balance at|
||||Balance at 1|||||31|
||||January|||Transfers|Gains/|December|
||||2020|Income
f|Expenditure
f|in/outf|(Losses)
f|2020|
|Unrestricted|||||||||
|funds|||||||||
|~Di|t|df|||||||
|funds|||||||||
|Cash|||||||||
|Contingency|||88,000|||||88,000|
|Curate' s|||||||||
|Accommodati|||||||||
|on|||357,640|||||357,640|
|Sound System|||7,110||(3,554)|||3,556|
|Misc.|||||||||
|Designated|||||||||
|Funds|||8,875||(13,875)|10,000||5,000|
||||461,625||(17,429)|10,000||454,196|
|General|funds||||||||
|Jigsaw|||5,000|||||5,000|
|Replacement|||||||||
|and|||||||||
|development|||||||||
|fund|||103,395|844,515|(779,586)|(10,500)|2,999|160,823|
||||108,395|844,515|(779,586)|(10,500)|2,999|165,823|
|Total|||||||||
|Unrestricted|||||||||
|funds|||570,020|844,515|(797,015)|(500)|2,999|620,019|
##
##
##
|Statement|offu|nds - curren
e|ar continued|||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
|||Balance at 1|||||31|
|||January|||Transfers|Gains/|December|
|||2020|Income|Expenditure|in/out|(Losses)|2020|
|||F.|F|8|F|F|E|
|Restricted||||||||
|funds||||||||
|Building for||||||||
|Growth|Fund|408,849|||||408,849|
|Ministry Centre||||||||
|- Building||273,963||(16,114)|||257,849|
|The Well||497|13,549|(9,771)|500||4,775|
|Ministry||||||||
|Training||||||||
|Grant||5,104|21,919|(10,975)|||16,048|
|Members||||||||
|restricted||||||||
|appeals||5,007|15,527|(6,463)|(14,071)|||
|Agency||||||||
|appeals||||(4,159)|4,159|||
|Seniors||1,375|3,345||||4,720|
|Ukraine||||||||
|Medical|Fund|602|87|(601)|(88)|||
|Youth (Not The||||||||
|Well)|||||10,000||10,000|
|Churchyard|||1,090|(1,090)||||
|||695,397|55,517|(49,173)|500||702,241|
|Total offunds||1,265,417|900,032|(846,188)||2,999|1,322,260|
##
##
##
##
##
##
##
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##
##
##
|Statement
offund|s - prior ye|ar|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at||||31|
|||1 January|||Gains/|December|
|||2019
8|Income
f|Expenditure
F|(Losses)
8|2019
E|
|Unrestricted
funds|||||||
|~Di
tdf
d|||||||
|Cash Contingency||88,000||||88,000|
|Church
AV Upgrade||10,664||(3,554)||7,110|
|Curate's Accommodation||357,640||||357,640|
|Misc Designated
Funds|||12,500|(3,625)||8,875|
|Wheatley
Legacy||1,935||(1,935)|||
|||458,239|12,500|(9,114)||461,625|
|General
funds|||||||
|Replacement
and|||||||
|development
fund||66,929|821,343|(791,748)|6,871|103,395|
|Jigsaw||5,000||||5,000|
|||71,929|821,343|(791,748)|6,871|108,395|
|Total Unrestricted|funds|530,168|833,843|(800,862)|6,871|570,020|
|Restricted funds|||||||
|Building
for Growth|Fund|408,849||||408,849|
|Ministry Centre||290,077||(16,114)||273,963|
|The Well||1,200|969|(1,672)||497|
|Members
restricted|appeals||16,250|(11,244)||5,006|
|Seniors|||1,425|(50)||1,375|
|Ukrainian
Medical|Fund||840|(238)||602|
|Ministry
Training
Grant|||31,439|(26,334)||5,105|
|||700,126|50,923|(55,652)||695,397|
|Total of funds||1,230,294|884,766|(856,514)|6,871|1,265,417|
##
|Analysis|ofnet assets between
funds - curre|nt period|||
|---|---|---|---|---|
|||Unrestricte|Restricted|Total|
|||d funds|funds|funds|
|||2020|2020|2020|
||||6||
|Tangible|fixed assets|361,196|666,699|1,027,895|
|Fixed asset investments||46,609||46,609|
|Current|assets|226,692|35,542|262,234|
|Creditors|due within one year|(14,478)||(14,478)|
|Total||620,019|702,241|1,322,260|
|Analysis|ofnet assets between
funds - prior|period|||
|---|---|---|---|---|
|||Llnrestricte|Restricted|Total|
|||d funds|funds|funds|
|||2019|2019|2019|
|||f|9|6|
|Tangible|fixed assets|364,751|682,813|1,047,564|
|Fixed asset investments||43,610||43,610|
|Current|assets|201,027|12,584|213,611|
|Creditors|due within one year|(39,368)||(39,368)|
|Ttl||570,020|695,397|1,265,417|
##
||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
||Net income for the|period (as per Statement|||of Financial|Activities)|56,643|35,124|
||A~dt
t t||||||||
||Depreciation
charges||||||19,669|21,604|
||Gains on investments||||||(2,999)|(6,872)|
||Dividends,
interests||and rents from investments||||(2,244)|(2,180)|
||Decrease/(increase)||in stocks||||(42)|1,628|
||Decrease/(increase)||in debtors||||16,710|(14,571)|
||Decrease
in creditors||||||(24,888)|(24,032)|
||Net cash
rovided|b|o eratin|activities|||63,049|10,701|
|17.|Analysis
ofcash and||cash equivalents||||||
||||||||2020|2019|
||||||||f|f|
||Cash in hand||||||214,106|150,267|
||Notice deposits (less||than 3 months)||||35,736|34,282|
||Total cash and cash||e uivalents||||249,842|184,549|
|||||||At 1||At 31|
|||||||January||December|
|||||||2020|Cash flows
f|2020
f|
||Cash at bank and
in hand|||||150,267|63,836|214,103|
||Liquid investments|||||34,282|1,454|35,736|
##
##