2020-12-31-accounts

Page
1-2	PCC Annual Report
	Statement ofFinancial Activities
	Balance Sheet
	Incoming Resources
	Resources Expended
7 —12	Notes tothe Financial Statements
13	Independent Examiner's	Report

			Unrestricted	Designated	Restricted	Endowment	Total	2019
		Note	Funds f	Funds f	Funds f	Funds f	Funds f	TotalFunds f
Income snd Endowments	from:
Donations and Legacies			41,099.51		432.49		41,532.00	259,189.23
Income fmm Charitable Activities			16,617.00				16,617.00	25,923.48
Other Trading Activities			1,551.53	4,006.50			5,558.03	27,690.50
Investments Other Income			934.58 8.00	0.74	116.72		1,052.04 8.00	1,287.24 399.50
Total Income and Endowments			60,210.62	4,00724	549.21		64,767.07	314,48$.95
Expendkurs on:
Raising Funds			2,082.08	4,660.21			6,742.29	11,459.73
Expenditure on Charitable	Activities		89,242.52	3,137A4	198.92		92,578.88	104,773.58
Total Expenditure			91,324.60	7,797.65	198.92		99,321.17	116,233.31
Gains/(losses) on Investment		Tb	1,554.47			294.51	1,848.98	4,222.96
Net Income/(Expenditure)			(29,559.51)	(3,790.41)	350.29294.51		(32,705.12)	202,479.60
Transfers
Gross transfers between Funds			1,757.36	(1,757.36)
Other Recognised Gains/(losses)								(15,750.05)
Net Movement in Funds			(27,802.15)	(5,547.77)	350.29294.51		(32,705.12)	186,729.55
Reconcgiation ofFunds
Total Funds brought forward			356,47528	8,615.81	35,2$3.36	4,265.10	404,649.55	217,920.00
Total Funds carried forward			328,673.13	3,068.04	35,643.85	4,559.61	371,944.43	404,64$.55

				31/12/2020	31/12/2019
				8	8
Fixed Assets
Investments			7b	47,535.75	45,686.77
				47,535.75	45,686.77
Current Assets
Debtors				1,191.00	4,170.75
Cash at Bank and		in Hand		330,468.96	361,086.32
				331,659.96	365,257.07
Liabilities
Creditors: Amounts		falling due in one year	10	(7,251.28)	(6,294.29)
Net Current Assets	less	Current Liabilities		324,408.68	358,962.78
Total Nst Assets less Liabilities				371,944A3	404,649.55
Represented by
Unrestricted
General Fund				328,673.13	356,475.28
Designated
Choir Fund			5a	174.01	173.27
Mackamsss	Hall		5c, 10	2,894.03	8,442.54
Restricted
Flower Fund			5a, 5b	797.91	794.69
Narthex Refurbishment			5a	516.71	514.53
Organ Fund			5a, 10	7,715.26	7,682.64
St Paul's Maintenance			5a, 10	26,076.97	25,568.05
Youth Fund			5a	536.80	733.45
Endowment
St Michael's	Churchyard		7b	4,559.61	4,265.10
Funds ofthe Church				371,944A3

			Unrestricted	Designated	Restricted	Endowment	Total	2019
			Funds 6	Fundsf	Funds 8	Funds 8	Funds 6	Total Funds 8
2	Income and Endowments
2a	Donations and Legacies
	Planned Giving		23,817.81				23,817.81	29,837.65
	Loose Plate Collections		2,543.22				2,543.22	7,111.84
	Collections Special Services		154.31				154.31	637.13
	Giving through Wall Safe On~fi Donations		1,328.02 3,570.26		432.49		1,760.51 3,570.26	1,645.03 4,235.79
	Tax Recoverable on Gift Aid		6,243.67				6,243.67	9,143.94
	Legacies							206,577.85
	Onewff Grants		3,442.22				3,442.22
			41,099.51				41,532.00	250,189.23
2b	Income from Charitable Activities
	Team Fees for Burials		6,502.00				6,502.00	10,737.00
	Team Fees exc. Burials		2,201.00				2,201.00	4,269.00
	Church LeNngs		1,031.50				1,031.50	2,484.98
	Crypt Leitings		252.50				252.50	1,757.50
	Forecourt Lettings		30.00				30.00	75.00
	Lodge Letting		6,600.00				6,600.00	6,600.00
			16,617.00				16,617.00	25,923A8
2c	Other Trading Activities
	Proceeds from Events							235.00
	Fund Raising - Mission		225.50				225.50	1,414.64
	Fund Raising - Church		511.73				511.73	2,483.99
	Fund Raising - Specific Projects							4,248.29
	Coffee Mornings		687.20				687.20	3,812.13
	Craft Club		127.10				127.10	592.45
	Mackamess Hall Leitings			4,006.50			4,006.50	14,904.00
			1,551.53	4,006.50			5,558.03	27,690.50
2d	Investments
	Interest snd Dividends		934.58	0.74	116.72		1,052.04	1,287.24
			934.58	0.74	118.72		1,052.04	1,207.24
2e	Other Income
	Printing/phoiocopying	Recharges	8.00				8.00	189.30
	Admin Recharges							210.00
	Miscellaneous							0.20
			8.00				8.00	399.50
	Total Income and Endowments		00,210.62	4,007.24	540.21		84,707.07	314,489.95

			Unrestricted	Designated	Restricted	Endowment	Total	2019
			Funds	Funds	Funds	Funds	Funds	Total Funds
			6	6	6	6	6	6
3	Expenditure
3a	Raising Funds
	Kitchen Running Costs		748.15				748.15	938.51
	Mackamess Hall Costs			2,589.84			2,589.84	3,375.17
	Mackamess Hall Utility Bills			2,070.37			2,070.37	3,378.57
	StMichael's Lodge costs		1,333.93				1,333.93	3,432.25
	Event Catering Costs							102.11
	Fundraising Expenditure							233.12
			2,082.68	4,660.21			6,742.29	11,459.73
3b	Expenditure on Charitable	Activities
	Common Fund		40,540.70				40,540.70	39,546.00
	Mission Payments		429.81				429.81	2,308.34
	Staff Salaries		8,275.37	3,137.44			11,412.81	9,769.96
	Clergy Expenses		4,320.00				4,320.00	4,320.00
	Cost ofServices		938.50				938.50	1,101.13
	Church Running Expenses		298.20				298.20	4,396.68
	Organist Fees		30.00				30.00	564.60
	Choir		107.00				107.00	105.00
	Flowers							274.50
	Insurance		4,174.01				4,174.01	4,093.73
	Health and Safety Inspection Fees		1,086.70				1,086.70	1,578.89
	Refurbishment Costs							21,528.06
	St Paul's Utility Bills		17,479.61				17,479.61	489.54
	St Paul's Forecourt		190.00				190.00	145.00
	St Michael's Insurance							(15127)
	StMichael's Utility Bills							10.92
	StMichael's Churchyard		6,581.11				6,581.11	9,089.90
	Monkton Churchyard		300.00				300.00	180.00
	Administration		196.57				196.57	171.72
	Phone Bgls/broadband		506.33				506.33	506.48
	Printing and Photocopying	Costs	1,843.88				1,843.88	1,853.68
	Bank Charges		185.77				185.77	421.84
	Professional Fees		1,758.96				1,758.96	2,468.88
	Youth ActiviTies				198.92		198.92
			89,242.52	3,137.44	198.92		92,578.88	104,773.58
	Total Expenditure		91,324.60	7,797.65	198.92		99,321.17	116,233.31

Exeter Diocesan Board ofF	inance.
CBFFunds	2019	Net	Income	Interest	Interest	2020
		transfers		(restricted)	(unrestricted)
		6		6
General	16,810.62	(233.57)			70.39	16,647.44
Narthex Refurbishment	514.53			2.18		516.71
StPaul's Maintenance	17,568.05	432A9		76.43		18,076.97
Organ	7,682.64			32.62		7,715.26
Youth	733.45	(198.92)		2.27		536.80
Choir	173.27				0.74	174.01
Flowers	758.05			3.22		761.27
	44,240.61			116.72	71.13	44,428.48

5c.Mackarness	Hall Accoun	t (Designated)
See note Ta(ii).
			2020	2019
			5	5
Income
Donations
Lettings			4,006.50	14,904.00
Interest
Total Income			4,006.50	14,904.00
Expenditure
Utility Bills			(2,070.37)	(3,378.57)
Salaries			(3,137A4)	(5,119.92)
Insurance
Running Costs/Maintenance			(2,589.84)	(3,375.17)
Total expenditure			P,797.65)	(11,873.66)
Net Income l(Expenditure)		Resources before transfer	(3,791.15)	3,030.34
Gross transfers	- in
Gross transfers	- out		(1,757.36)
Net Movement	in Funds		(5,548.51)	3,030.34
Total Funds brought forward			8,442.54	5,412.20
Total Funds carried forward			2,804.03	8,442.54

.Comparative Statement	ofFinanci	al Activities as	at 31December	2019
		Unrestricted	Designated	Restricted	Endowment	Total	2018
		Funds	Funds	Funds	Funds	Funds	Total Funds
		E	E	E		E	E
Income and Endowments	from:
Donations and Legacies		257,565.07		1,624.15		259,189.23	124,366.09
Income from Charitable Acbvities		25,908.50	14.98			25,923.48	30,830.40
Other Trading Activities		11,206.94	14,904.00	1,579.56		27,590.50	23,930.73
Investments		1,022.90	1.29	263.05		1,287.24	1,138.81
Other Income		399.50				399.50	581.03
Total Income and Endowments		296,102.91	14,920.27	3,466.77		314,489.95	180,847.06
Expenditure on:
Raiding Funds		4,443.02	6,753.74	262.97		11,459.73	26,948.37
Expenditure on Charitable	Activities	79,648.84	5,119.92	20,004.82		104,773.58	94,117.94
Total Expenditum		84,091.86	11,873.86	20,267.79		116,233.31	121,066.31
Net Gains/(losses) on Investment		3,550.30			672.66	4,222.96	(417.24)
Net Income/(Expenditure)		215,561.35	3,046.61	(16,801.02)	672.66	202,47$.60	59,363.51
Other Gains/(losses)
Gross Transfers between	Funds	1,075.61		(1,075.61)
Other Recognised Gains/(losses)				(14,702.93)	(1,047.12)	(15,750.05)
Net Movement in Funds		216,636.96	3,046.61	(32,579.56)	(37446)	186,729.55	59,303.51
Reconciliation ofFunds
Total Funds brought forward		139,838.32	5,569.20	67,872.$2	4,63$.56	217,920.00	158,5564$
Total Funds carried fonuard		358,475.28	8,015.81	35,293.36	4,285.10	404,649.55	217,920.00