# **PARISH CHURCH OF ST AUGUSTINE OF CANTERBURY THORPE BAY Registered charity number 1128847**
**ANNUAL REPORT**
## **and**
## **FINANCIAL STATEMENTS**
**of the**
## **PAROCHIAL CHURCH COUNCIL**
**FOR THE YEAR ENDED 31st DECEMBER 2020**
**council chairman**
**REV CANON JONATHAN COLLIS**
**86 Tyrone Road Thorpe Bay Essex SS1 3HB**
**bankers**
**BARCLAYS BANK PLC Thorpe Bay Branch Southend-on-Sea Business Centre**
**independent examiner**
**MR GRAHAM LANE FCA**
**THE PAROCHIAL CHURCH COUNCILST AUGUSTINE OF CANTERBURY THORPE BAY**
## **Registered charity number 1128847**
## **ANNUAL REPORT FOR 2020**
## **BACKGROUND**
**The St Augustine’s Parochial Church Council (The PCC) is a registered charity which has the responsibility of co-operating with the incumbent in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has responsibilities for the nearby Church Hall.**
## **MEMBERSHIP**
**Members of the PCC are trustees of the charity and are either** _**ex officio**_ **or elected by the Annual Parochial Church Council Meeting (APCM) in accordance with the Church Representation Rules. The PCC can also appoint co-opted members.**
**During the year the following served as members of the PCC –**
**Incumbent Rev Canon J Collis Chairman Curate Rev C Giles (ex officio until April 2020)) Wardens Mr M Everett (to October 2020), Mrs M Brewer,**
**Deanery Synod Representatives - Canon L Barnard, Mr M Everett, Mr P Somerville (to October 2020), Mrs M Ridley (from October 2020) (PCC secretary).**
**Elected Members – Mrs B Black (from October 2020) Dr P Chisnell, Mrs M Dugdale (to October 2020), Mrs K Kindley, Mrs M Ridley (to October 2020), Mr C Russell (PCC Treasurer), Mr I Stobart, Mr B Wadley-Smith (from October 2020), Mr J Watson.**
**Because of Covid 19 restrictions the full PCC met only twice during the year. The Standing Committee met as and when required and duly reported to the PCC.**
## **CHURCH ATTENDANCE**
**At the beginning of the year there were 170 names on the electoral roll of whom 69 were resident in the parish. At 31st December the numbers were 176 and 68. Covid 19 and the attendant lockdowns had a dramatic effect on church life. For months at a time no public worship could be held, and thereafter only with social distancing and without singing. Services for Holy Week and Easter were cancelled, and services had to be filmed firstly from the vicarage study and then privately in church. Attendance before the first lockdown had been in the region of 80 adults and 12 children at the 10 am service, 10 at the 8am and between 10 and 20 at Evensong. When services resumed around 50 attended the 10 am, gradually increasing to 70, and then stabilising at 50 after the second lockdown, then down to 30 after Tier 4 restrictions were imposed. Children’s work became impossible, and normally large services had either to be cancelled or scaled right back, especially at Christmas. There were no school services.**
## **REVIEW OF THE YEAR**
## **(** _**a) Fabric**_
**During the first lockdown in particular much was done that had been often postponed. All vestments were washed, vestries tidied, windows cleaned, noticeboards refurbished. Gates, downpipes, window frames and benches, gallery railings, doors and staircase to the belfry painted. A new spotlight on the altar was installed, and woodwork in the church and vestries polished up. The church has probably not looked better for decades.**
(1)
## _**(b) Church Hall**_
**The hall was out of commission for most regular and all casual users during the lockdowns.**
## _**(c) Outreach and Social**_
**It would be easier to say what did not take place – concerts, trips, youth visits, and schools work after March. Nonetheless the monthly 100 club continued to thrive and in 2020 added £1,013 to the coffers. Baptisms were well down in numbers to 4 (2019 - 41, 2018 - 23, 2017 - 24, 2016 – 18, 2015 – 26). There was a socially distanced confirmation service at which five of our own candidates were confirmed. There were 20 funerals (2019 – 26, 2018 – 25) of which 3 were in church (2019 – 7, 2018 – 7). The bi monthly magazine is read by a large number of parishioners and others and as well as being a source of information of parish activities made a contribution of £556 to parish finances (2019 - £903).**
## _**(d) Personnel**_
**The parish continued to benefit from the ministry of Canon Stephen Burdett, Canon Michael Ballard, and Lay Canon Linda Barnard, and during the year Fr Frank Smith joined the regular rota. Our former curate, Rev Chris Giles, left us in April to take up a post in Suffolk.**
## _**(e) Finance**_
**As can be seen in the financial reports, Covid 19 had a devastating effect on our finances in 2020. Considerable decreases were recorded in plate collections, church hall income, donations from outside organisations for use of the church, concerts and occasional offices. During the first lockdown there was virtually no income other than monthly standing orders from regular contributors. Nevertheless a heartening increase in those regular contributions (£9,147 more than in 2019) and a generous response to an appeal to everyone on the electoral roll which brought in £10,942 including gift aid meant that the overall deficit in unrestricted funds was kept at a manageable £6,587. Net gains of £2,938 in the market value of our investments reduced the overall deficit to £3,649 (£6,987 in 2019).**
## _**(f) Reserves**_
**The PCC policy is to transfer one half of any unrestricted legacy received to a contingency fund which is invested in CCLA accumulating shares when such funds are available. At the end of 2020 the PCC held shares to the value of £36,052 (original cost £22,127) in unrestricted funds and further shares to value of £10,432 (original cost £7,000) in the restricted organ restoration fund and £11,163 in the proposed extension fund (original cost £10,000).**
## _**(g) Utilities and Insurance**_
**The parish uses the services of the diocesan energy advisor to ensure that the energy costs of the church and church hall are kept to a minimum. The church and hall electricity supply contracts are both with Opus Energy. The church contract is for two years expiring in 2022 and the hall contract for four years expiring in 2023. The hall gas supply contract is for three years with Contract Natural Gas expiring in 2023. There is no gas supply to the church. A comprehensive review of the Church and Hall insurance policies was carried out in 2016.**
## **ON BEHALF OF THE PCC**
## **REV CANON J COLLIS**
**23rd January 2021**
**(2)**
## **INDEPENDENT EXAMINER’S REPORT TO THE PCC OF ST AUGUSTINE OF CANTERBURY THORPE BAY FOR THE YEAR ENDED 31ST DECEMBER 2020**
## **RESPONSIBILITIES AND BASIS OF REPORT**
**As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charitis Act 2011 (the Act).**
**I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145 (5) (b) of the Act.**
## **Independent examiner’s statement**
**I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:**
**1 accounting records were not kept in respect of the Trust as required by section 145 of the Act; or**
## **2 the accounts do not accord with those records; or**
**3 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirements that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.**
**I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.**
## **G Lane**
**21st March 2021**
**MR GRAHAM LANE FCA 43, TYRONE ROAD. SOUTHEND-ON-SEA SS1 3HE**
**(3)**
## **PAROCHIAL CHURCH COUNCIL**
## **ST AUGUSTINE OF CANTERBURY THORPE BAY**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st DECEMBER 2020**
## **INCOME & EXPENDITURE**
|**2019**|||**NOTE**|||**FUNDS RESTRICTED**|**FUNDS RESTRICTED**|**TOTAL**|**TOTAL**|
|---|---|---|---|---|---|---|---|---|---|
|**TOTAL**|||**UNRESTRICTED**||||**FUNDS**|**FUNDS**||
|||**INCOMING RESOURCES**||||||||
|**133,144**||**Voluntary Income**|**2(a)**||**101,446**||**19,835**|**121,281**||
|**8,291**||**Activities for Generating Funds**|**2(b)**|||**3,478**||**3,478**||
|**24,476**||**Income from Church Activities**|**2(c)**|||**11,479**||**11,479**||
|**47**||**Interest Receivable**|**2(d)**|||**16**|**2**|**18**||
|**£165,958**||**TOTAL INCOMING RESOURCES**||**£116,419**|||**£19,837 **|**£136,256**||
|||**RESOURCES EXPENDED**||||||||
|**198**||**Cost of Generation of Voluntary Income**|**3(a)**|||**201**||**201**||
|**2,547**||**Fundraising Costs**|**3(b)**|||**1,736**||**1,736**||
|**3,356**||**Grants**|**3(c)**|||**75**|**2,281**|**2,356**||
|**171,619**||**Church Activities**|**3(d)**||**120,994**||**6,281**|**127,275**||
|**£177,720**||**TOTAL RESOURCES EXPENDED**||**£123,006**|||**£8,562 **|**£131,568**||
|||||||||||
|**£(11,762)**||**NET MOVEMENT IN FUNDS**|||**£(6,587)**||**£11,275**|**£4,688**||
|**816,734**||**BALANCE IN HAND AT 1st JANUARY 2020**||||**48,138**|**767,847**|**815,985**||
|**766**||**REALISED LOSSES ON INVESTMENTS (GAINS 2019) (95)**||||||**(95)**||
|**10,607**||**UNREALISED GAINS ON INVESTMENTS**||||**3,033**|**2,042**|**5,075**||
|**(11,762)**||
**NET MOVEMENT IN FUNDS AS ABOVE**||||**(6,587)**|**11,275**|**4,688**||
|**£815,985**||**BALANCE IN HAND AT 31st DECEMBER 2020**||||**£44,489**|**781,164**|**£825,653**||
**The notes on pages 6 to 10 form part of these accounts**
**(4)**
## **THE PAROCHIAL CHURCH COUNCIL**
## **ST AUGUSTINE OF CANTERBURY THORPE BAY**
## **BALANCE SHEET AT 31st DECEMBER 2020**
|**2019**
**NOTE**
**£750,000 TANGIBLE FIXED ASSETS**
**5**
**CURRENT ASSETS**
**52,668 Investments at Market Value (cost £39,127)**
**6**
**2,792 Debtors & Prepayments**
**8**
**1,505 Short Term Cash Deposits**
**12,653 Cash at Bank and in Hand**
**£69,618 Gross Current Assets**
**£3,633 Creditors - liabilities falling due within a year 9**
**£65,985 NET CURRENT ASSETS**
**750,000 Fixed Assets as above**
**£815,985**
**REPRESENTED AS FOLLOWS**
**Funds**
**48,138 Unrestricted**
**767,847 Restricted**
**10**
**£815,985**|**£750,000**
**57,648**
**1,757**
**1,506**
**17,835**
**£78,746**
**£3,093**
**£75,653**
**750,000**
**£825,653**
**44,489**
**781,164**
**£825,653**|
|---|---|
|**£815,985**|**£825,653**|
**Approved by the Parochial Church Council on 23rd January 2021 and signed on its behalf**
**REV CANON JONATHAN COLLIS (CHAIRMAN) MHOIRA BREWER (CHURCHWARDEN)**
**The notes on pages 6 to 10 form part of these accounts**
**(5)**
## **THE PAROCHIAL CHURCH COUNCIL**
## **ST AUGUSTINE OF CANTERBURY THORPE BAY**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2020**
## **ACCOUNTING POLICIES**
**The financial statements of the PCC have been prepared under the current Church Accounting Regulations and in accordance with the current Charities SORP 2015.**
**The financial statements have been prepared under the historic cost convention except for the Church Hall which is shown at the value for insurance purposes. The financial statements include all transactions, assets, and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of church members.**
## **FUNDS**
_**Restricted Funds**_ **represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object, or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year is carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.**
_**Unrestricted Funds are**_ **general funds which can be used by the PCC for ordinary purposes.**
## **INCOMING RESOURCES**
**Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally notified as to its entitlement to the amounts due. All other income is recognised when it is receivable. All income is accounted for gross.**
## **RESOURCES USED**
**Grants and donations are accounted for when paid over or when awarded if the award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for missions are dealt with as restricted funds. All other expenditure is recognised when it is incurred and is accounted for gross.**
## **FIXED ASSETS**
**Consecrated land and buildings are excluded from the accounts in accordance with the Charities Act.**
**Movable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church’s inventory which can be inspected. For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements Subsequently no individual item has cost more than £5,000 so all such expenditure has been written off when incurred. Equipment used in the church and church hall is written off when purchased.**
## **CURRENT ASSETS**
**Amounts owing to the PCC at 31st December in respect of fees rents or other income are shown as debtors in the balance sheet less provision for any amounts that may prove uncollectible. Short term deposits are sums standing to the credit of the PCC in the Central Board of Finance Church of England Deposit Funds.**
## **GOING CONCERN**
**The trustees have reviewed the financial position of the Charity and believe it is currently a going concern. The impact of the COVID-19 has been considered as part of this assessment and, based on their current knowledge, they anticipate being able to mitigate its effect on finances going forward. Consequently, the financial statements have been prepared on a going concern basis. The Trustees have considered their commitments in the subsequent financial period and have sufficient funds available to meet these obligations.**
**(6)**
## **2. INCOMING RESOURCES**
|**2019**
**FUNDS RESTRICTED**
**TOTAL**
**TOTAL**
**UNRESTRICTED**
**FUNDS**
**FUNDS**
**2(a) Voluntary Income**
**Planned giving -**
**46,783**
**Gift Aid Donations**
**54,666**
**54,666**
**11,767**
**Income Tax recoverable**
**13,666**
**13,666**
**6,664**
**Other planned giving**
**6,029**
**6,029**
**16,888**
**Plate Collections including tax recoveries**
**5,846**
**248**
**6,094**
**Covid Appeal including tax recoveries**
**10,942**
**10,942**
**49,169**
**Sundry Donations including tax recoveries**
**4,231**
**18,587**
**22,818**
**1,200**
**Grants**
**6,066**
**1,000**
**7,066**
**673**
**Insurance Claim**
**£133,144**
**£101,446**
**£19,835**
**£121,281 **
**2(b) Activities for Generating Funds**
**2,050**
**Donations for Use of Church**
**480**
**480**
**2,397**
**100 Club**
**2,233**
**2,233**
**3,844**
**Other Fundraising**
**`**
**765**
**765**
**£8,291 **
**£3,478**
**£3,478**
**2(c) Income from Church Activities**
**19,081**
**Church Hall lettings**
**9,122**
**9,122**
**2,032**
**Magazines (including advertisements)**
**1,648**
**1,648**
**3,363**
**Occasional offices**
**709**
**709**
**£24,476**
**£11,479**
**£11,479**
**2(d) Interest**
**£47**
**Interest receivable**
**£16**
**£2 **
**£18**
**£165,958**
**TOTAL INCOMING RESOURCES**
**£116,419**
**£19,837 **
**£136,256**|**2019**
**FUNDS RESTRICTED**
**TOTAL**
**TOTAL**
**UNRESTRICTED**
**FUNDS**
**FUNDS**
**2(a) Voluntary Income**
**Planned giving -**
**46,783**
**Gift Aid Donations**
**54,666**
**54,666**
**11,767**
**Income Tax recoverable**
**13,666**
**13,666**
**6,664**
**Other planned giving**
**6,029**
**6,029**
**16,888**
**Plate Collections including tax recoveries**
**5,846**
**248**
**6,094**
**Covid Appeal including tax recoveries**
**10,942**
**10,942**
**49,169**
**Sundry Donations including tax recoveries**
**4,231**
**18,587**
**22,818**
**1,200**
**Grants**
**6,066**
**1,000**
**7,066**
**673**
**Insurance Claim**
**£133,144**
**£101,446**
**£19,835**
**£121,281 **
**2(b) Activities for Generating Funds**
**2,050**
**Donations for Use of Church**
**480**
**480**
**2,397**
**100 Club**
**2,233**
**2,233**
**3,844**
**Other Fundraising**
**`**
**765**
**765**
**£8,291 **
**£3,478**
**£3,478**
**2(c) Income from Church Activities**
**19,081**
**Church Hall lettings**
**9,122**
**9,122**
**2,032**
**Magazines (including advertisements)**
**1,648**
**1,648**
**3,363**
**Occasional offices**
**709**
**709**
**£24,476**
**£11,479**
**£11,479**
**2(d) Interest**
**£47**
**Interest receivable**
**£16**
**£2 **
**£18**
**£165,958**
**TOTAL INCOMING RESOURCES**
**£116,419**
**£19,837 **
**£136,256**|
|---|---|
|**£133,144**||
|||
||**£24,476**|
|**£165,958**||
**(7)**
## **3. RESOURCES EXPENDED**
|||**2019**|**2019**||**FUNDS RESTRICTED**|**FUNDS RESTRICTED**|**FUNDS RESTRICTED**|**FUNDS RESTRICTED**|**TOTAL**|**TOTAL**|
|---|---|---|---|---|---|---|---|---|---|---|
|**TOTAL**|||**UNRESTRICTED**|||||**FUNDS**|**FUNDS**||
||||**3a) Cost of generation of voluntary income**||||||||
|||**£198**|**Stewardship costs**|||**£201 **|||**£201 **||
||||**3b) Fundraising costs**||||||||
||**1,220**
**100 Club costs & prizes**||||**1,220**||||**1,220**||
||**1,327**
**Costs of other fundraising**||||||**516**||**516**||
||**£2,547**||||**£1,736**||||**£1,736**||
||||**3c) Grants**||||||||
||||**Missionary and charitable giving -**||||||||
||**1,528**
**Overseas Relief and Development Agencies**|||||||**434**|**434**||
|||**568**
**Home Missions and other Church Societies**|||||**75**|**195**|**270**||
||**1,260**
**Secular Based Charities**|||||||**977**|**977**||
||||**Retiring Curate**|||||**675**|**675**||
||**£3,356**||||||**£75**|**£2,281 **|**£2,356**||
||||**3(d) Church Activities**||||||||
||**86,684**
**Ministry - Diocesan quota**||||**86,741**||||**86,741**||
||**2,936**
**Incumbent’s expenses**||||**2,992**||||**2,992**||
||**1,241**
**Assistant clergy costs**||||||**432**||**432**||
||||**Vicarage maintenance**||||**100**||**100**||
||**17,490**
**Church & Garden - Running expenses**||||**10,117**|||**2,317**|**12,434**||
||**4,712**
**General repairs & routine maintenance**||||**1,951**|||**1,465**|**3,416**||
||**32,495**
**Major repairs & refurbishment**||||**2,000**|||**1,078**|**3,078**||
||**2,093**
**Cost of services**||||||**897**|**12**|**909**||
||**1,049**
**Youth & junior Church costs**|||||||**198**|**198**||
||**2,791**
**Organist and locum**||||||**380**||**380**||
||**1,129**
**Parish Magazine Costs**||||**1,092**||||**1,092**||
||**15,097**
**Church Hall - Running expenses**||||**13,095**||||**13,095**||
||**2,353**
**Church Hall - Major repairs & refurbishment**||||||||||
||||**Proposed Extension costs**|||||**1,102**|**1,102**||
|||**715**
**Printing & Stationery**|||||**633**||**633**||
|||**105**
**Subscriptions**|||||**107**||**107**||
|||**163**
**Website**|||||**243**||**243**||
|||**385**
**Publicity & Outreach**|||||**80**||**80**||
|||**181**
**Sundries**|||||**134**|**109**|**243**||
|**£171,619**||||**£120,994 **||||**£6,281 **|**£127,275**||
||||||||||||
|**£177,720**|||**TOTAL OUTGOING RESOURCES**|**£123,006**||||**£8,562 **|**£131,568**||
**(8)**
## **4. STAFF COSTS**
**During the year the PCC employed an organist, hall manager hall caretaker, hall cleaners and church cleaner none of whom earned £10,000 or more. Organist’s fees for weddings and funerals are included in the fees charged to and are paid by those using the service and not the PCC. No member of the PCC received any remuneration or expenses allowance.**
## **5. FIXED ASSETS FOR USE BY THE PCC**
**The tangible fixed assets consist of the Church Hall. Following an insurance review in 2016 the trustees consider that the value of the building on the open market is £750,000. The title is registered at H M Land Registry number EX859582 and the title deeds are held by the diocese.**
**The church hall fixtures and fittings are written off in the year of purchase.**
**No other assets originally costing more than £5000 were held by the PCC at the date of the balance sheet.**
## **6. INVESTMENTS**
**The investments consist of accumulation shares in CBF Church of England Investment Fund.**
|**FUNDS RESTRICTED**
**TOTAL**
**UNRESTRICTED**
**FUNDS**
**FUNDS**
**Market value at 1st January 2020**
**43,114**
**9,554**
**52,668**
**Additions**
**10,000**
**10,000**
**Disposals**
**(10,095) (10,095)**
**Net Gains**
**3,033**
**2042**
**5075**
**Market value at 31st December 2020**
**36,052 **
**21,596**
**57,648**
**Historical Cost**
**31st December 2020**
**22,127**
**17,000**
**39.127**
**31st December 2019**
**28,892**
**7,000**
**35,892**
**7. ANALYSIS OF NET ASSETS BY FUND**
**2019**
**FUNDS RESTRICTED**
**TOTAL**
**TOTAL**
**UNRESTRICTED**
**FUNDS**
**FUNDS**
**750,000**
**Fixed Assets**
**750,000**
**750,000**
**52,668**
**Investments (at Market value)**
**36,052**
**21,596**
**57,648**
**14,158**
**Cash & Bank Balances**
**9,862**
**9,479**
**19,341**
**2,792**
**Debtors & Prepayments**
**1,668**
**89**
**1,757**
**£819,618**
**£47,582 **
**£781,164 **
**£828,746**
**3,633**
**Current Liabilities**
**3,093**
**3,093**
**£815,985**
**Fund Balances**
**£44,489**
**£781,164 **
**£825,653**
**8. DEBTORS**
**1,817**
**Income Tax Recoverable**
**1,412**
**89**
**1,501**
**975**
**Prepayments**
**256**
**256**
**£2,792 **
**£1,668**
**£89**
**£1,757 **|**FUNDS RESTRICTED**
**TOTAL**
**UNRESTRICTED**
**FUNDS**
**FUNDS**
**Market value at 1st January 2020**
**43,114**
**9,554**
**52,668**
**Additions**
**10,000**
**10,000**
**Disposals**
**(10,095) (10,095)**
**Net Gains**
**3,033**
**2042**
**5075**
**Market value at 31st December 2020**
**36,052 **
**21,596**
**57,648**
**Historical Cost**
**31st December 2020**
**22,127**
**17,000**
**39.127**
**31st December 2019**
**28,892**
**7,000**
**35,892**
**7. ANALYSIS OF NET ASSETS BY FUND**
**2019**
**FUNDS RESTRICTED**
**TOTAL**
**TOTAL**
**UNRESTRICTED**
**FUNDS**
**FUNDS**
**750,000**
**Fixed Assets**
**750,000**
**750,000**
**52,668**
**Investments (at Market value)**
**36,052**
**21,596**
**57,648**
**14,158**
**Cash & Bank Balances**
**9,862**
**9,479**
**19,341**
**2,792**
**Debtors & Prepayments**
**1,668**
**89**
**1,757**
**£819,618**
**£47,582 **
**£781,164 **
**£828,746**
**3,633**
**Current Liabilities**
**3,093**
**3,093**
**£815,985**
**Fund Balances**
**£44,489**
**£781,164 **
**£825,653**
**8. DEBTORS**
**1,817**
**Income Tax Recoverable**
**1,412**
**89**
**1,501**
**975**
**Prepayments**
**256**
**256**
**£2,792 **
**£1,668**
**£89**
**£1,757 **|
|---|---|
|**£815,985**||
|**8.**||
||**£2,792 **|
**(9)**
## **9. LIABILITIES - AMOUNTS FALLING DUE WITHIN ONE YEAR**
|**1,446**
**Accruals and deferred income**
**2,187**
**Creditors for goods and services**
**£3,633**
**10. STATEMENT OF FUNDS**
**Balance Income Expenditure**
**1st January**
**2020**
**Unrestricted**
**Funds**
**48,138 116,419**
**123,006**
**Restricted Funds**
**Church Hall**
**750,000**
**Charities &**
**Missions**
**202 1,405**
**1,606**
**Churchyard Fund 821 363**
**815**
**Fabric Fund**
**2,331 3,003**
**4,088**
**Flower Fund**
**318 12**
**Margaret Knill**
**Bequest**
**125**
**Music Fund**
**186**
**65**
**Organ Restoration**
**Fund 10,350 1,564**
**Proposed**
**Extension**
**2,546 12,503**
**1,103**
**Youth Activity &**
**Development**
**968 324**
**198**
**Gift to Retiring 675**
**675**
**Curate**
**767,847 19,837 **
**8,562 **
**TOTAL FUNDS**
**815,985 136,256**
**131,568**|**1,446**
**Accruals and deferred income**
**2,187**
**Creditors for goods and services**
**£3,633**
**10. STATEMENT OF FUNDS**
**Balance Income Expenditure**
**1st January**
**2020**
**Unrestricted**
**Funds**
**48,138 116,419**
**123,006**
**Restricted Funds**
**Church Hall**
**750,000**
**Charities &**
**Missions**
**202 1,405**
**1,606**
**Churchyard Fund 821 363**
**815**
**Fabric Fund**
**2,331 3,003**
**4,088**
**Flower Fund**
**318 12**
**Margaret Knill**
**Bequest**
**125**
**Music Fund**
**186**
**65**
**Organ Restoration**
**Fund 10,350 1,564**
**Proposed**
**Extension**
**2,546 12,503**
**1,103**
**Youth Activity &**
**Development**
**968 324**
**198**
**Gift to Retiring 675**
**675**
**Curate**
**767,847 19,837 **
**8,562 **
**TOTAL FUNDS**
**815,985 136,256**
**131,568**|**2,016**
**2,016**
**1,077**
**1,077**
**£3,093**
**£3,093**
**Transfers Gains/ Balance**
**Losses 31stDecem**
**2020**
**2,938**
**44,489**
**750,000**
**1**
**125**
**494**
**1,246**
**306**
**(125)**
**121**
**878**
**12,792**
**1,164**
**15,110**
**1,094**
**0**
**2,042**
**781,164 **
**0**
**4,980**
**825,623**|
|---|---|---|
||**767,847 19,837 **
**8,562 **|**0**
**2,042**
**781,164 **|
||**815,985 136,256**
**131,568**||
**The restricted funds held by the PCC during the year were as follows –**
## **The Church Hall.**
**The Organ & Music fund which is used to encourage and support church music at St Augustine’s and local primary schools.**
**The Mission fund used to support mission work of all types both at home and overseas.**
**The Flower Fund, Fabric Fund, Organ Restoration Fund, The Churchyard Fund and The Youth Activity & Development Fund, The Proposed Extension Fund. The purpose of these funds is selfevident. The Margaret Knill bequest was for the provision of flowers in the church annually on the Sunday nearest to the anniversary of the late Margaret Knill’s wedding anniversary, but on the death of Mr Victor Knill the family requested that the remaining balance of the bequest be transferred to the Churchyard maintenance fund.**
**(10)**
## **PRIOR YEAR**
|**Balance Income**|**Balance Income**|**Expenditure**|**Transfers**|**Gains/**|**Balance**|**Balance**|
|---|---|---|---|---|---|---|
|**1st January**||||**Losses**|**31stDece**|**mb**|
||**2019**||||**2019**||
|**Unrestricted**|||||||
|**Funds**
|**55,125 115,844**|**132,280**||**9,449**|**48,138**||
|**Restricted Funds**|||||||
|**Church Hall**
|**750,000 900**|**900**|||**750,000**||
|**Charities &**|||||||
|**Missions**
|**1 3,245**|**3,044**|||**202**||
|**Churchyard Fund**|**564 475**|**218**|||**821**||
|**Fabric Fund**
|**835 40,698**|**39,202**|||**2,331**||
|**Flower Fund**
|**433 130**|**245**|||**318**||
|**Margaret Knill**|||||||
|**Bequest**
|**131**|
**6**|||**125**||
|**Music Fund**
|**592 170**|**576**|||**186**||
|**Organ Restoration**|||||||
|**Fund**|**7,630 996**|**200**||**1,924**|**10,350**||
|**Proposed**|||||||
|**Extension**
|**201 2,345**||||**2,546**||
|**Youth Activity &**|||||||
|**Development**
|**862 1,155**|**1,049**|||**968**||
||**761,24950,114**|**45,440**|**0**|**1,924**|**767,847**||
|**TOTAL FUNDS**
|**816,374 165,958**|**177,720**|**0**|**11,373**|**816,985**||
**The incumbent for the time being is in possession of a hardship fund to assist in the relief of poverty in the parish which does not form part of these accounts. Its existence is noted here for the information of parishioners.**
**(11)**