2020-12-31-accounts

					Unrestricted	Unrestricted	Restricted	Endowment	TOTAL	FUNDS
				Note	Funds		Funds	Funds	2020	2019
					E					6
INCOMING RESOURCES
Voluntary income				2(a)	134,223		25,334		159,557	206,227
Activities for generating	funds			2(b)		785			785	1,048
Income from investments				2(c)		26	109		135	339
Church activities				2(d)	4,952				4,952	8,572
Total Incoming Resources					139,986		25,443		165,429	216,186
RESOURCES EXPENDED
Church activities				3(a)	142,400		58,496		200,896	218,004
Cost ofgenerating voluntary		income		3(b)		390			390	675
Governance costs				3(c)
Total Resources Used					142,790		58,496		201„286	218,679
NET INCOIIIIINGI(OUTGOING)			RESOURCES		(2,804)		(33,053)		(35,857)	(2,493)
BALANCES BROUGHT	FORWARD AT 1JANUARY				96,245		58,771		155,016	157,509
BALANCES CARRIED	FORWARD AT 31 DECEMBER				93,441		25,718		119,159	1M,016
			BALANCE SHEET		AT 31	DECEMBER 2020
									2020	20'I9
								Note	6	6
TANGIBLE FIXEDASSETS									70,000	70,000
CURRENT ASSETS
Debtors									7,683	7,595
ShortTerm Deposits									8,550	58,905
Cash at Bank and in Hand									37,027	21,196
Total Current Assets									53,260	87,697
LIABILITIES:AMOUNTS FALLING DUE WITHIN ONE					YEAR				(4,101)	(2,681)
NET CURRENT ASSETS									49,159	85,016
NET ASSETS									119,159	155,016
FUNDS
Unrestricted									93,441	96,245
Restricted									25,718	58,771
TOTAL FUNDS									119,159	155,016

The PCC is	a public benefit entity within the meaning ofFRS102.The financial statements have been prepared	a public benefit entity within the meaning ofFRS102.The financial statements have been prepared	a public benefit entity within the meaning ofFRS102.The financial statements have been prepared	a public benefit entity within the meaning ofFRS102.The financial statements have been prepared	a public benefit entity within the meaning ofFRS102.The financial statements have been prepared	under	under
the Charities	Act2011	and in accordance with the Church Accounting Regulations 2006 governing the individual
accounts of	PCCs, and with the Regulations' "true and fair view" provisions, together with FRS102(2016)as the
applicable accounting		standards and the 2016version ofthe Statement ofRecommended Practice, Accounting				and
Reporting by Charities		(SORP(FRS102)).
The financial statements			have been prepared under the historiical cost convention.
incoming Resources
Recognition	ofincome		These are included in the Statement of Financial Activities (SOFA) when:
			1.the PCC becomes legally entitled to the use ofthe resources;
			2.and inflow ofeconomic benefit is probable; and
			3.the monetary value can be measured with sufficient reliability
Fundraising	costs		Funds raised from events and trading activities (e.g.a fete, a garden	party or sales	ofbooks
			and magazines) are reported gross in the SOFA —i.e., before any related costs that may
			have been deducted from the gross proceeds
Grants and	donations
			Grants and donations are included in the SOFA when any pre-conditions	preventing their use by
			the PCC have been met. For collections and planned giving this is when	the funds are received.
Gift Aid Tax	claims, etc.,		Gift Aid and other tax claims are included in the SOFA at the same time	as the cash donations			to
on cash donations			which they relate.
Volunteer help			The value ofany voluntaiy help received is not included in the accounts	but is described	in	the
			trustees' annual report.
Rental income			Rental income from leMngs is recognised when the rental isdue.
Investment	income		This is included in the accounts when receivable.
Expenditure	and LiabilNes
Liability recognition			Liabilities are recognised as soon as there isa legal or constructive	obligation and	settlement
			is probable and quantTiiable.
Grants payable without			These are recognised in the accounts when a commitment has been made externally			and
performance conditions			there are no pre-conditions still to be met for entitlement to the grant	which remain	within the
			control ofthe PCC.
Assets
Consecrated and			In sofar as consecrated and benefice property ofany kind is excluded from the statutory
benefice property			definition of"charity" by Section 10(2)(a)and (c)ofthe Charities Act 2011such assets are
			not capitalised in the financial statements
Moveable church			As insufficient cost information is available these items are not capitalised, but are included			in the
furnishings			Church's inventory.
Tangible fixed assets			These are capitalised ifthey can be used for more than one year, and cost at least		f1,000.
for use by charity			They are valued at cost. Depreciation is calculated to write offthe capitalized cost offixed
			assets less their currently anticipated residual fair value over their estimated useful		lives as
			follows:
			~ Land 8 Buildings Nil
			~Audiovisual System 5years
			No depreciation is provided on buildings as the currently estimated	residual value	ofthe
			properties is not less than their carrying value and the remaining useful life ofthese asSets
			currently exceeds 50years, so that any depreciation charges would	be immateriial.
Short term	deposits		These include cash held on deposit either with the CBFChurch of England Funds		or	at the
			bank.