THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
WITHYCOMBE RALEIGH
A C C O U N T S
FOR THE YEAR ENDED
31 DECEMBER 2020
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
WITHYCOMBE RALEIGH
| CONTENTS | Page |
|---|---|
| Independent Examiners Report | 1. |
| Churchwardens’ Report | 2. and 3. |
| Statement of Financial Activities | 4. |
| Balance Sheet | 5. |
| Notes to the Financial Statements | 6. - 13. |
Charity No. 1128842
INDEPENDENT EXAMINER’S REPORT TO
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WITHYCOMBE RALEIGH
I report on the accounts of the Parochial Church Council of the Ecclesiastical Parish of Withycombe Raleigh for the year ended 31 December 2020.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act, and
-
to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the project and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention
-
1) which gives me reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with section 130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
-
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
J E D Rippon Southon & Co Chartered Certified Accountants 6 The Parade EXMOUTH Devon EX8 1RL
Churchwardens’ Annual Report for 2020
The Churchwardens are pleased to report the following:
Withycombe Raleigh PCC has responsibility for the three churches:
The Parish Church of St John the Evangelist, Withycombe Village Road, Exmouth
St John in the Wilderness, St John’s Road, Exmouth
All Saints, Exeter Road, Exmouth
Membership
Members of the PCC are elected at the Annual Parochial Church Meeting, the clergy and Readers are ex officio members. During the year the following have served:-
Rector: Fr Robert Sellers Vicars: Fr Stephen Hoyle assisted by Fr Robert Charles Fr Owen Murphy Wardens: Mr G Berridge Mrs P Stranack Treasurer: Mrs D McNeill Secretary: Mrs G Harding (part year) Mrs C Searle (part year) Safeguarding Representative: Mrs A Longbottom St John the Evangelist Mr G Berridge (Church Warden) Mrs A Longbottom (deanery Synod) Mr H Ritchie (Deputy Warden) Mr P White (Diocesan and Deanery Synod) Miss E Grant (Deputy Warden) Mr P Brooks St John in the Wilderness Mrs B Prowse (Deputy Warden) Mrs D McNeill Mr P Walker (Deputy Warden) Mrs R Johnson Mr P Brooks (Deanery Synod) All Saints Mrs P Stranack (Church Warden, Deputy Warden & Deanery Synod) Mrs L Pearcey Mr K Wadlan
The Team Ministry of the Parish and Mission Community was formed within the historic Parish boundaries and over time this has proved to be its strength as it continues to develop further its pastoral care and outreach within the Parish and the wider community. Each church manages its day to day affairs through its own General Purposes Committee, reporting regularly to the Parochial Church Council, which has overall responsibility for the management of the whole parish.
The total membership of the Electoral Roll in 2020 was 278 made up as follows:-
| Parish Church of St John the Evangelist 94 | Parish Church of St John the Evangelist 94 |
|---|---|
| All Saints’ | 55 |
| St John in the Wilderness | 129 |
The PCC has complied with the duty under Section 5 of the Safeguarding and Clergy Discipline Measure 2016 in that it has due regard to the House of Bishops' guidance on safeguarding children and vulnerable adults. (This means positive consideration is given to safer recruitment practice and the possibility that activities within the church community may have safeguarding implications.)
Church Wardens report 2020
This time last year we were looking forward to a very promising future totally unaware that Parish life and life itself would be changing beyond anything we have ever known.
It was wonderful to see the Parish working together as a whole and quickly adapting to rapidly changing rules, restrictions and finally lockdowns.
Services continued across the Parish within our Churches where possible, following all the rules and guidelines of social distancing and delays caused by health and safety issues to keep our cleaning team safe.
Throughout these unprecedented times our clergy Fr Robert and Fr Owen have worked tirelessly fully supported by our wonderful retired clergy, David Arnott, Ian Blyde and Robert Charles who has also been able to sustain the congregation at St John in the Wilderness as Fr Stephen continues his convalescence.
We were very sorry that all of our local schools had to cancel their Annual Carol Services this year, a truly wonderful event and each completely different and so important for some as this is their only experience of church life.
We were very fortunate at the Parish church to be able to have an outside carol service on Christmas Eve. The piano was put in the porch and the congregation socially spaced across the car park and grass area. Carols, a reading, prayers and one family s Children all dressed up enacted out the Nativity, made a lovely occasion in a time when family and friends should normally get together.
Suddenly the Parish has entered into the world of Social Media, a foggy area for some, but with restrictions now in place a whole new area of getting together has emerged. Zoom, YouTube and other platforms have encouraged a visual socialising with services, meetings and coffee mornings.
A great thank you to the whole of the Parish, who through all of the obstacles of action and reaction that life has produced this year, we emerge as a thriving community paying our commitment to the Common Fund by collectively working together. We realise that this increasing figure cannot be sustained in its present format.
Finally to all those in our Congregations who work with inexhaustible energy taking part in all of the numerous tasks that keep our Parish in such wonderful order: The cleaning, decorating, behind the scenes arranging, and even just stopping to pull a weed out of a flower pot are the life blood of our community.
Well done and a massive thank you! We look forward hopefully to a far better year.
Graham Berridge and Penny Stranack
Churchwardens
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WITHYCOMBE RALEIGH
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020
| INCOMING RESOURCES Incoming resources from generated funds Voluntary Income Activities for generating funds Investment income Income resources from charitable activities Other income resources Total Incoming Resources RESOURCES EXPENDED Costs of generating funds Costs of generating voluntary income Fundraising trading costs Investment Management Costs Charitable activities Governance costs Other Resources Expended Total Resources Expended Net incoming/(outgoing) resources before transfers Gross transfers between funds Net incoming/(outgoing) resources before other recognised gains/(losses) OTHER RECOGNISED GAINS/(LOSSES) Gains and losses on revaluation of fixed assets for the charity’s own use Gains and losses on investment assets Net movement in funds Total funds brought forward Total funds carried forward |
Unrestricted Note General Designated £ £ 3. 91513 28601 1146 29279 124 64516 £213909 £ 1270 4. 206484 - 12330 - - - 6795 - 2850 - - £228459 £ - (14550) 1270 (19664) 1335 (34214) 2605 7755 (78) - (26537) 2605 1411438 46412 £1384901 £49017 |
Unrestricted Note General Designated £ £ 3. 91513 28601 1146 29279 124 64516 £213909 £ 1270 4. 206484 - 12330 - - - 6795 - 2850 - - £228459 £ - (14550) 1270 (19664) 1335 (34214) 2605 7755 (78) - (26537) 2605 1411438 46412 £1384901 £49017 |
Unrestricted Note General Designated £ £ 3. 91513 28601 1146 29279 124 64516 £213909 £ 1270 4. 206484 - 12330 - - - 6795 - 2850 - - £228459 £ - (14550) 1270 (19664) 1335 (34214) 2605 7755 (78) - (26537) 2605 1411438 46412 £1384901 £49017 |
Restricted Income Funds £ - - - - - £ - - - - - - - £ - - - - - - - - £ - |
Endowment Total Total Funds 2020 2019 £ £ £ - 91513 121490 - 29747 53066 29403 12865 - - - - 64516 61393 £ - £215179 £248814 - 206484 260497 - 12330 18868 - - - - 6795 7552 - 2850 2800 - - - £ - £228459 £289717 - (13280) (40903) 18329 - - 18329 (13280) (40903) 7755 31739 (20015) (20093) 15913 (1686) (25618) 6749 47628 1505478 1498729 £45942 £1479860 £1505478 |
Total 2019 |
|---|---|---|---|---|---|---|
| £ | £ 1146 124 1270 - - - - - - £ - 1270 1335 2605 - 2605 46412 £49017 |
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WITHYCOMBE RALEIGH
BALANCE SHEET AS AT 31 DECEMBER 2020
| FIXED ASSETS Tangible Assets Investments Total Fixed Assets CURRENT ASSETS Stock and work in progress Debtors Short Term Investments Cash at bank and in hand Total current assets CREDITORS Amounts falling due within one year Net current assets/(liabilities) Total Assets less current liabilities CREDITORS Amounts falling due after one year Provisions for liabilities and charges Net assets FUNDS OF THE CHARITY Unrestricted Funds Designated income funds Endowment funds Total Funds |
Unrestricted Note General Designated £ £ 7. 1144639 8. 178108 49017 £1322747 £49017 - 9. 1128 - 63816 64944 - 10. 2790 62154 - 1384901 49017 - - - - £1384901 £49017 1384901 49017 £1384901 £49017 Signature |
Unrestricted Note General Designated £ £ 7. 1144639 8. 178108 49017 £1322747 £49017 - 9. 1128 - 63816 64944 - 10. 2790 62154 - 1384901 49017 - - - - £1384901 £49017 1384901 49017 £1384901 £49017 Signature |
Unrestricted Note General Designated £ £ 7. 1144639 8. 178108 49017 £1322747 £49017 - 9. 1128 - 63816 64944 - 10. 2790 62154 - 1384901 49017 - - - - £1384901 £49017 1384901 49017 £1384901 £49017 Signature |
Restricted Income Funds £ £ - - - - - - £ - - £ - Print Name |
Endowment Total Total Funds 2020 2019 £ £ £ 1144639 1136884 45942 273067 317144 £45942 £1417706 £1454028 - - 1128 2944 - - 63816 51332 - 64944 54276 2790 2826 - 62154 51450 45942 1479860 1505478 - - - - - - £45942 £1479860 £1505478 1384901 1411438 49017 46412 45942 45942 47628 £45942 £1479860 £1505478 Date |
Total 2019 £ 1136884 317144 |
Total 2019 |
|---|---|---|---|---|---|---|---|
| £ 49017 |
|||||||
| £49017 | |||||||
| - | |||||||
| - | |||||||
| 49017 - - |
|||||||
| £49017 | |||||||
| 49017 | |||||||
| £49017 | |||||||
Signed by one or two trustees on behalf of all of the trustees
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WITHYCOMBE RALEIGH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
1. Basis of Preparation
1.1 Accounting convention
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued by 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
1.2 Change in basis of accounting
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year.
1.3 Changes to previous accounts
No changes have been made to the accounts for previous years.
2. Accounting Policies
INCOMING RESOURCES
Recognition of incoming resources
These are included in the Statement of Financial Activities (SoFA) when:
• the charity becomes entitled to the resources; • the trustees are virtually certain they will receive the resources; and • the monetary value can be measured with sufficient reliability. Incoming resources with related expenditure Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA. Grants and donations Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources. Tax reclaims on donations and gifts Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which they relate. Contractual Income and performance related grants This is only included in the SoFA once the goods or services have been delivered. Gifts in kind Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WITHYCOMBE RALEIGH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
| Donated services and | |
|---|---|
| facilities | These are only included in incoming resources (with an equivalent amount in |
| resources expended) where the benefit to the charity is reasonably quantifiable, | |
| measurable and material. The value placed on these resources is the estimated | |
| value to the charity of the service or facility received. | |
| Volunteer help | The value of any voluntary help received is not included in the accounts but is |
| described in the trustees’ annual report. | |
| Investment income | This is included in the accounts when receivable. |
| Investment gains and | |
| losses | This includes any gain or loss on the sale of investments and any gain or loss |
| resulting from revaluing investments to market value at the end of the year. | |
| EXPENDITURE AND | |
| LIABILITIES | |
| Liability recognition | Liabilities are recognised as soon as there is a legal or constructive obligation |
| committing the charity to pay out resources. | |
| Governance costs | Include costs of preparation and examination of statutory accounts, the cost of |
| trustee meetings and the cost of any legal advice to trustees on governance or | |
| constitutional matters. | |
| Grants with performance | |
| conditions | Where the charity gives a grant with conditions for its payment being a specific level |
| of service or output to be provided, such grants are only recognised in SoFA once | |
| the recipient of the grant has provided the specific service or output. | |
| Grants payable without | |
| performance conditions | These are only recognised in the accounts when a commitment has been made and |
| there are no conditions to be met relating to the grant which remain in the control of | |
| the charity. | |
| Support costs | Support costs include central functions and have been allocated to activity cost |
| categories on a basis consistent with the use of resources, e.g. allocating property | |
| costs by floor areas, or per capita, staff costs by the time spent and other costs by | |
| their usage. | |
| ASSETS | |
| Tangible fixed assets for | |
| use by the charity | These are capitalised if they can be used for more than one year and cost at least |
| £500. They are valued at cost, or if gifted, at the value to the charity on receipt. | |
| Investments | Investments quoted on a recognised stock exchange are valued at market value at |
| the year end. Other investment assets are included at trustees’ best estimate of | |
| market value. | |
| Stocks and work in | |
| progress | These are valued at the lower of cost or market value. |
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WITHYCOMBE RALEIGH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
| 3. Analysis of incoming resources Note Voluntary income Planned Giving and Tax Recoverable Collections at Services Gift Days and Sundry Donations Grants Legacies Other Activities for generating funds Church Hall lettings Fundraising Other Investment income Dividends and interest Incoming resources from charitable activities Charity Fayre Other incoming resources Parish Magazine Fees Churchyard Parochial Youth Club Income Youth Worker Grant All Saints Institute East Devon District Council Grant Other |
Unrestricted General Designated £ £ 81886 - 4800 - 3650 - - - 1000 - 177 - £91513 £ - 24327 4274 - 1146 £28601 £1146 £29279 £ 124 £ - £ - 2475 - 12666 - 21717 - 12098 - - - - - 5000 - 4325 - 6235 - £64516 £ - |
Unrestricted General Designated £ £ 81886 - 4800 - 3650 - - - 1000 - 177 - £91513 £ - 24327 4274 - 1146 £28601 £1146 £29279 £ 124 £ - £ - 2475 - 12666 - 21717 - 12098 - - - - - 5000 - 4325 - 6235 - £64516 £ - |
Unrestricted General Designated £ £ 81886 - 4800 - 3650 - - - 1000 - 177 - £91513 £ - 24327 4274 - 1146 £28601 £1146 £29279 £ 124 £ - £ - 2475 - 12666 - 21717 - 12098 - - - - - 5000 - 4325 - 6235 - £64516 £ - |
Restricted Income Funds £ - - - - - - £ - £ - £ - £ - - - - - - - - - - £ - |
Endowment Funds £ - - - - - - £ - £ - £ - £ - - - - - - - - - - £ - |
Total Total 2020 2019 £ £ 81886 87618 4800 13214 3650 18440 - - 1000 2000 177 218 £91513 £121490 24327 39253 4274 10843 1146 2970 £29747 £53066 £29403 £12865 £ - £ - 2475 4360 12666 10798 21717 21452 12098 11643 - - - - 5000 5000 4325 4268 6235 3872 £64516 £61393 |
Total 2019 £ 87618 13214 18440 - 2000 218 |
Total 2019 |
|---|---|---|---|---|---|---|---|---|
| £ - - - - - - £ - |
||||||||
| 1146 £1146 |
||||||||
| £53066 | ||||||||
| £ 124 | £12865 | |||||||
| £ - | £ - | |||||||
| - - - - - - - - - |
4360 10798 21452 11643 - - 5000 4268 3872 |
|||||||
| £ - | £61393 |
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WITHYCOMBE RALEIGH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
| 4. Analysis of resources expended Unrestricted Note General Designated £ £ Costs of generating voluntary income Magazine costs 2905 Diocesan common fund 121574 Clergy expenses 6469 Retired Clergy Honoraria 250 Church running and maintenance 31375 Upkeep of services 1930 Upkeep of churchyard 26434 Wages, salaries and honoraria 8255 Youth Worker’s Salary - Christian Agencies 528 Assets purchased - New Building work 1112 Major Repairs - Support Costs 3202 Administration 2450 £206484 £ - Fund raising trading Church hall running and maintenance 12235 Fund raising costs 95 £12330 £ - Charitable activities Donations £6795 £ - Governance costs Independent Examiners fee £2850 £ - 5. Details of certain items of expenditure 5.1 Trustee expenses Number of trustees who were paid expenses 5.2 Fees for examination or audit of accounts |
4. Analysis of resources expended Unrestricted Note General Designated £ £ Costs of generating voluntary income Magazine costs 2905 Diocesan common fund 121574 Clergy expenses 6469 Retired Clergy Honoraria 250 Church running and maintenance 31375 Upkeep of services 1930 Upkeep of churchyard 26434 Wages, salaries and honoraria 8255 Youth Worker’s Salary - Christian Agencies 528 Assets purchased - New Building work 1112 Major Repairs - Support Costs 3202 Administration 2450 £206484 £ - Fund raising trading Church hall running and maintenance 12235 Fund raising costs 95 £12330 £ - Charitable activities Donations £6795 £ - Governance costs Independent Examiners fee £2850 £ - 5. Details of certain items of expenditure 5.1 Trustee expenses Number of trustees who were paid expenses 5.2 Fees for examination or audit of accounts |
4. Analysis of resources expended Unrestricted Note General Designated £ £ Costs of generating voluntary income Magazine costs 2905 Diocesan common fund 121574 Clergy expenses 6469 Retired Clergy Honoraria 250 Church running and maintenance 31375 Upkeep of services 1930 Upkeep of churchyard 26434 Wages, salaries and honoraria 8255 Youth Worker’s Salary - Christian Agencies 528 Assets purchased - New Building work 1112 Major Repairs - Support Costs 3202 Administration 2450 £206484 £ - Fund raising trading Church hall running and maintenance 12235 Fund raising costs 95 £12330 £ - Charitable activities Donations £6795 £ - Governance costs Independent Examiners fee £2850 £ - 5. Details of certain items of expenditure 5.1 Trustee expenses Number of trustees who were paid expenses 5.2 Fees for examination or audit of accounts |
Restricted Income Funds |
Restricted Income Funds |
Endowment Total Total Funds 2020 2019 £ £ £ 2905 3245 121574 121872 6469 13064 250 600 31375 35186 1930 3823 26434 26760 8255 11253 - - 528 165 - - 1112 13030 - 25650 3202 3318 2450 2531 £ - £206484 £260497 12235 1865 95 603 £ - £12330 £18868 £ - £6795 £7552 £ - £2850 £2880 None None £2850 £2800 |
Total 2019 £ 3245 121872 13064 600 35186 3823 26760 11253 - 165 - 13030 25650 3318 2531 |
Total 2019 |
|
|---|---|---|---|---|---|---|---|---|
| £ |
£ |
|||||||
| £ - | £ - | |||||||
| £ - | £ - | |||||||
| £ - | £ - | |||||||
| £ - | £ - | |||||||
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WITHYCOMBE RALEIGH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
| 6. Paid Employees 6.1 Staff Costs Gross wages, salaries and benefits in kind Employer’s national insurance costs Pension costs 6.2 Average number of full-time equivalent employees in the year Charitable activities 7. Tangible Fixed Assets 7.1 Cost or valuation Freehold land and buildings £ Balance brought forward 1055906 Additions - Revaluation 7418 Disposals - Balance carried forward £1063324 7.2 Accumulated depreciation and impairment provisions Balance brought forward - Charge for the year - Balance carried forward £ - 7.3 Net book value Brought forward £1055906 Carried forward £1063324 |
2020 2019 £ £ - - - - - - £ - £ - - - Fixtures fittings and equipment Total £ £ 80978 1136884 - - 337 7755 - - £81315 £1144639 - - - - £ - £ - £80978 £1136884 £81315 £1144639 |
2019 £ - - - £ - - Total £ 1136884 - 7755 - |
2019 £ - - - |
|
|---|---|---|---|---|
| £ - | ||||
| - | ||||
| Total |
7.4 Revaluation
Fixed assets have been revalued in accordance with a valuation provided by the Ecclesiastical Insurance Group.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WITHYCOMBE RALEIGH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
8. Investment Assets
| 8.1 Fixed assets investments Carrying value at beginning of year Add: additions to investments at cost Less: disposals at carrying value Add: profit/(loss) on revaluation Carrying value at end of year 8.2 Analysis of investments Parish Church CBF Deposit Account - Organ Fund CBF Deposit Account - Fabric Fund CBF Deposit Account - Choir Fund CBF Deposit Account - Vestments Fund CBF Deposit Account - 150thYear Fund 100 Group Santander shares Parish Church Hall Deposit Account All Saints Church CBF Deposit Account - General Fund CBF Deposit Account - Sheppard Bequest 14684 CBF Income Shares CBF Fabric Fund Cambridge & Counties Bank Cambridge & Counties Bank - 1 Year FRB St John in the Wilderness Church CBF Deposit Account - General Fund CBF Deposit Account - Capital Projects Fund CBF Deposit Account - Organ Fund CBF Deposit Account - Maintenance Contingency Fund CBF Growth Fund CBF Training Fund Cambridge & Counties Bank Churchyard Fund 1512 CBF Investment fund units CBF Deposit Account CBF Deposit Account 1474 M&G Charifund income units Withycombe Raleigh PCC CBF Income Shares |
Market value at year end £ 57 52 422 137 0 239 5118 152 7351 - 3212 2 10000 8004 20003 21494 4570 2032 250 53563 6723 25178 4984 5985 15780 77759 £273067 |
£ 317144 - - (44077 ) £273067 Income for the year |
|---|---|---|
£ 0 0 2 1 0 (78) 5 1 31 - 14 4 181 28 11 91 19 32 - 1057 433 1626 - - (3312) (18329) £(18183) |
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WITHYCOMBE RALEIGH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
9. Debtors and Prepayments Analysis of Debtors
| rs and Prepayments | |||
|---|---|---|---|
| Analysis of Debtors | Amounts falling due | ||
| within one year | |||
| This Year | Last | Year | |
| £ |
£ |
||
| Other Debtors | £1128 | £2944 | |
| tors and Accruals | |||
| Analysis of Creditors | Amounts falling due | ||
| within one year | |||
| This Year | Last | Year | |
| £ |
£ |
||
| Other Creditors | £2790 | £2826 |
10. Creditors and Accruals
11. Endowment and Designated Funds
11.1 Funds Held
Fund Name Type
Purpose and Restriction
Parish Church Organ Fund Designated Fabric Fund Designated Choir Fund Designated Vestments Fund Designated 150[th] Year Fund Designated
To provide for the upkeep of the Church Organ To provide for the upkeep of the Church Fabric To provide for the benefit of the Church Choir To provide for the upkeep of the Church Vestments To provide for celebrations to mark the 150[th] anniversary of the Church
St John in the Wilderness Capital Projects Fund Designated To provide for future capital projects Organ Fund Designated Maintenance Contingency Fund Designated To provide for future maintenance Growth Fund Designated Training Fund Designated Churchyard Daisy Louisa Pook Bequest Permanent Endowment For the upkeep of the Churchyard
To provide for future capital projects To provide for the upkeep of the Church Organ To provide for future maintenance
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WITHYCOMBE RALEIGH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
11.2 Movement of Major Funds
| Movement of Major Funds | ||||||||
|---|---|---|---|---|---|---|---|---|
| Fund | Fund | |||||||
| balances | Gains | balances | ||||||
| brought | Incoming | Outgoing | and | carried | ||||
| Fund Names | forward | resources | resources | Transfers | Losses | forward | ||
| £ |
£ |
£ |
£ |
£ |
£ |
|||
| Parish Church | ||||||||
| Organ Fund | 57 | - | - | - | - | 57 | ||
| Fabric Fund | 52 | - | - | - | - | 52 | ||
| Choir Fund | 420 | - | - | - | 2 | 422 | ||
| Vestments Fund | 136 | - | - | - | 1 | 137 | ||
| 150thYear Fund | 69 | - | - | - | (69) | - | ||
| Churchyard Fund | 6290 | - | - | - | 433 | 6723 | ||
| St John in the Wilderness | ||||||||
| Capital Projects Fund | 2204 | - | - | 17788 | 11 | 20003 | ||
| Organ Fund | 21403 | - | - | - | 91 | 21494 | ||
| Maintenance Contingency Fund | 4551 | - | - | - | 20 | 4571 | ||
| Churchyard | ||||||||
| Daisy Louisa Pook Bequest | 47628 | - | - | - | (1686) | 45942 | ||
| Withycombe Raleigh PCC | ||||||||
| CBF Income Shares | 96087 | - | - | - | (18329) | 77758 | ||
| £178897 | £ | - | £ | - | £17788 | £(19526) | £177159 |
12. Other Information
During the year the Charity administered the collection and payment of £6,846.00 of EDBF fees. This is not reflected in the accounts as the funds never belonged to the Charity.
13. Reserves Policy
The Trustees consider that the accounts allow for the agreed Reserves Policy of £75,000, it is considered that such reserves would allow for the financial stability and the continuance of our principal activities and responsibilities as a charity.
This reserve is held to ensure that during the accounting period, in the case of any unforeseen occurrences across the Parish, at least three months operating costs will be available to provide financial support to any of our Parish Churches (St John the Evangelist, St John in the Wilderness, All Saints’); the Churchyard; and our two church halls (located at St John the Evangelist Church & All Saints Church).
Fr Robert Sellers, Rector, and the Parish Treasurer will keep this level of funds under quarterly review on behalf of the Parochial Church Council.
13