2020-12-31-accounts

				Page
Report from the Vicar
	Challenge and Opportunity
	Livestream Services
	Trinity Centre
	New patterns	of prayer and fellowship
	Pastoral Care
	Pastoral Care	Structure
	Engagement	with the	community
	Looking forward
Safeguarding Update				10
Financial	Review
Our Church —A Summary				13
	Objectives and Activities			13
	Foundational	Values		13
	Our Purpose			13
Statement'of Public Benefit				14
Structure,	Governance	and Management		15
Statement, ofTrustees'		Responsibilities		16
Risk Management				17
Reference and Administrative			Information	19

			Page
SOFA			22
Balance Sheet			23
Cash flow statement			24
Notes	tothe financial statements		25
	Accounting	Policies	25
	Income		28
	Expenditure		29
	Fixed Assets		31
	Debtors		31
	Creditors		31
	Staff costs		32
	Related Party Transactions		32
	Posts Balance	Sheet Events	32
	Analysis of Funds		34
	Previous Year's Statement of Financial Activities		35

						2020	2019
				Unrestricted	Restricted	Total	Total
			Note	Funds f	Funds f		Note 11 f
INCOME,
Donations			2(a)	363,905	539,461	903,366	1,326,362'
Income from Investments			2(b)	8,027		8,027	3,726
Income from Trading			2(c)	3,038		3,038	3,741
Activities '
Other Income			2(d)	22,611		22,611	8,610
TOTAL INCOME				397,581	539,461	937,042	1,342,439
EXPENDITURE
,Expenditure on	Charitable		3(a)	368,003	14,580	382,583	434,673
activities
~ 'Raising Funds			3(b)		2,359	2,358	952
Other Activities			3(c)	5,263	941,233	946,496	162,602
Governance Costs			3(d)	4,277		4,277	3,993
TOTAL EXPENDITURE				377,543	958,172	1,335,714	602,220
NET				20,038	(418,711)	(398,673)	740,219
INCOME/(EXPENDITURE)
BEFORETRANSFERS
Transfers between		funds	10
Net movement	in	funds		20,038	(418,711)	(398,673)	740,219
after transfers
TOTAL FUNDS BROUGHT				640,934	837,001	1,477,935	737,716
FORWARD
TOTAL FUNDS CARRIED				660,972	418,290	1,079,262	1,477,935
FORWARD

			2020	2019
		Note	E	E
FIXEDASSETS
Tangible fixed assets			32,955	38,219
CURRENT ASSETS
Cash'at bank and in hand			773,721	289,824
Deposits &3months'	notice		482,090	884,311
Deposits &3 months'	notice		880	274,632
Total Cash and Deposits			1,256,691	1,448,767
Debtors			11,624	19,589
			1,268,315	1,468,356
CREDITORS due within	1year		(222,008)	(28,640)
NET CURRENT ASSETS			1,046,307	1,439,716
NET ASSETS			1,079,262	1,477,935
FUNDS
Restricted		10	418,290	837,001
Unrestricted —Designated			434,189	439,453
Unrestricted —General	Fund		226,783	201,481
TOTAL FUNDS			1,079,262	1,477,935

		2020		2019
		E		E
Cash Flow from Operating
Activities '
Net cash from operating		(398,672)	740,219
activitie's
Adjustments for:
Depreciation charges		5,263	4,650
Dec/(Inc) in Debtors		7,965	(12,547)
Inc in Creditors		193,368	23,479
Net cash from operating		(192,076)			755,801
activities
Cash Flow~from Investing Activities
Purchase ofassets			(7,368)
Movement on &3 months		273,753	(2,122)
cash deposits
Net cash from investing		273,753			(9,490)
activities
Cash Flow', for reporting period		81,677			746,311
ended 31~I Dec
Cash Balance at beginning	of	1,174,135			427,824
reporting 'period
Cash Balance at end ofreporting		1,255,811			1,174,135
period
Classified'on the balance sheet as:
Cash at bank		773,721			289,824
Short term deposits (&3	months)	482,090			884,311
Cash balances		1,255,811			1,174,135
Deposits &3 months' notice		880			274,632
Total Cash and Deposit		1,256,691			1,448,767
Balances

. INCOME
					Total	Funds
			Unrestricted	Restricted	2020	2019
			Funds	Funds
			E	E
2a Donations
Gift Aided Donations			252,797	153,728	406,524	773,549
Gift Aid			65,046	33,299	98,345	192,907
Other Planned	Giving		17,517	28,556	46,073	293,160
Other Gifts &Cash Offerings			28,546	1,516	30,062	30,247
Grants				322,361	322,361	36,500
TOTAL INCOME			363,905	539,461	903,365	1,326,362
2b Incomelfrom		Investments
Interest from Investments			8,027		8,027	3,726
2cIncome from		Trading
Activities
I
Parochial Fees			3,038		3,038	3,741
2d Other Income
Seniors, Toddlers		etc	1,354		1,354	8,610
Government Grant (furlough			21,257		21.257
scheme)
TOTAL OTHER INCOME			22,611		22,611	8,610
TOTAL INCOME			397,581	539,461	937,042	1,342,439

					Total	Funds
			Unrestricted	Restricted	2020	2019
			Funds	Funds
			E	E	E
a)	Expenditure on Charitable
	Activities
Mission Support:
Overseas Mission Partners			45,795		45,795	46,268
(see	below)
Overseas Mission Projects:
	Amani		2,000	5,723	7,273	1,993
	Global Recordings		350		350	350
	JAMBE					1,583
	YWAM					400
	Tearfund					929
Sub-Total: Overseas		Mission	2,350	5,723	8,071	5,256
Projects
Home Mission:
	Seniors Events/Keep-Fit		682		682	3,368
	Dorcas Project					2,750
	Lighthouse		2,300		2,300	2,300
	Wycombe Homeless Connection		1,500	3,870	5,270	2,429
	Football Club					700
	Alpha					480
	WYFC		400			400
	Schools Ministry		59		59	250
	lain Rennie Hospice at Home			1,608	1,608	929
	Love Fund		600		600	1,441
	Love Wycombe		500		500
	Wellco'me Trust					2,000
	Wycombe One Can Trust			2,057	2,057
Sub-Totah Home Mission			6,041	8,859	14,900	17,047
Ministry Costs:
	Staff Pay		140,595		140,595	163,090
	Parish Share		128,604		128,604	125,228
	Staff Expenses		10,317		10,317	12,393
	Children, Youth & Family		1,403		1,403	10,283
	Events		1,781		1,781	6,687
	Music &Worship		4,125		4,125	3,118
	Printing & Publicity		196		196	594
	Diocesan Costs		1,933		1,933	2,440
Sub-Totah Ministry Costs			288,955		288,955	323,832

Church M	anagement	anagement
Office		Management &Admin	6,830		6,830	10,390
Fabri	c	&Maintenance	6,973		6,973	16,660
Utili ay		Costs &Insurance	11,059		11,059	15,221
Sub-Totah		Church Management	24,862		24,862	42,270
Charitable		Activities Total	368,003	14,580	382,583	434,673

					Total Funds	Total Funds
			Unrestricted	Restricted	2020	2019
			Funds	Funds
			E	E
b) Raising Funds
Costs related	to fundraising	for		2,359		952
the Trinity Centre
c) Other Activities
Depreciation			5,263		5,263	4,650
Costs relatin	g to the construction			941,233	953,591	157,952
ofthe Trinity	Centre
Total Other	Activities		5,263	943,592	958,854	162,602
d) Support
A'udit Fee			4,277		4,277	3,993
Total Expenditure			356,286	958,172	1,314,458	602,220

		2020	2019
		E	E
Salaries and	wages	130,910	151,384
Employers'	NIC	5,148	6,553
Pension contributions		4,537	5,153
Employment	costs	140,595	163,090
Staff expenses and other costs		10,317	12,393
		150,912	175,483

	2020	2019
Ministry	6	5
Support	5	6
Total

				Balance b/f	Income	Expenditure	Transfers	Balance c/f
UNRESTRICTED	FUNDS
GeneralFunds				201,481	397,582	(372,280)		226,783
Designated Funds:
Fixed Assets				38,219		(5,263)		32,955
Southcote Fund				401,234				401,234
Total Unrestricted		Funds		640,934	397,582	(377,543)		660,972
RESTRICTED FUNDS
Buildings Fund				837,001	202,329	(943,592)		95,738
Special Offerings					13,255	(13,255)
External Grants					322,361			322,361
High Wycombe	Mutual		Aid		1,516	(1,325)		191
Total Restricted	Funds			837,001	539,461	(958,172)		418,290
TOTAL				1,477,935	915,786	(1,335,715)		1,079,262

				2019	2018
		Unrestricted	Restricted	Total	Total
	Note	Funds f	Fundsf		Note 11 f
INCOME
Donations,	2(a)	390,451	935,911	1,326,362	602,662
Income from Charitable	2(b)				10,507
Activities
Income from Investments	2(c)	3,726		3,726	4,564
Income from Trading Activities	2(d)	3,741		3,741	3,2BB
Other Income	2(e)	8,610		8,610	3,026
TOTAL INCOME		406,528	935,911	1,342,439	624,047
EXPENDITURE
Expenditure on Charitable	3(a)	428,445	6,228	434,673	469,723
A'ctivities
Raising Funds	3(b)		952	952
Other Activities	3(c)	4,650	157,952	162,602
Governance Costs	3(d)	3,993		3,993	2,362
TOTAL EXPENDITURE		437,088	165,132	602,220	472,085
E/(EXPENDITURE) NET INCOM		(30,560)	770,779	740,219	151,962
TRANSFERS BEFORE
Tr'ansfers between funds	10	(1,441)	1,441
Net movement in funds after		(32,000)	772,220	740,219	151,962
tr'ansfers I
TOTAL FUNDS BROUGHT		672,935	64,781	737,716	585,754
FORWARD I
TOTAL FUNDS CARRIED		640,934	837,001	1,477,935	737,716
FORWARD