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|||||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|
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|||||||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||||||||
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||||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|
##
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|||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||||||
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|.
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|||
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|||||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|
##
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|||||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||||||
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