LL HALLOWS
ERKYNGECHIRCHE
BY THE TOWER
ST.D
-THE-
ANNUAL REPORT AND FINANCIAL STATEMENTS
F THE PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31
ECEMBER 2020
Charity Commission Registration Number: l 129137
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||||||Unrestricted|Designated|||Restricted||TOTAL||TOTAL|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||& General|Funds|||Funds|||||
||||||Funds||||||2020||2019|
|Note||||||||||||||
||||INCOME|||||||||||
|||2|Planned
giving||14,004|||||50|14,054||12,349|
|||3|Collections
&other giving||4,354||0|||1,087|5,441||15,591|
|||4|Other voluntary
receipts||74,394|50,701||||7,660|132,755||224,416|
|||5|Gift Aid recovered||4,344|||||182|4,526||8,760|
|||6|Other receipts||42,538|||||5, I8 I|47,719||64,073|
|||7|Activities
i'or generating
funds||3,050|||||312|3,362||4,413|
|||8|Investment
income||121,625||||||121,625||144,445|
|||9|Receipts from church
activities||9,899||||||9,899||23,705|
||||TOTAL INCOME||274,208|50,701|||14,472||339,381||497,752|
||||EXPENDITURE|||||||||||
||10||Cost of generating
funds||33,753|||||0|33,753||45,995|
||I|I|Missionary
& charitable
giving||2,850|||||1,262|4,112||6,929|
||12||Parish Share/Common
Fund||73,000|||||0|73,000||70,500|
||13||C(ergy & staffing costs||97,465|35,228||||5,181|137,874||143,145|
||14||Church
running
expenses||36,843|5,838|||15,161||57,842||69,231|
||15||Church
repairs
& maintenance||3,109|10,000||||1,150|14,259||47,267|
||16||Other property
upkeep||||||||||22,944|
||17||Other support
costs||5,618||||||5,618||4,758|
||||TOTAL RESOURCES|USED|252,638|51,066|||22,754||326,458||410,769|
||||NET INCOME/(EXPENDITURE)||21,570[|( 365)||I|( 8,282)1||12923|I|86,983|
||||GAINS &LOSSES ON|INVESTMENTS||||||||||
||||Realised||||||||0||0|
||||Unrealised|||7,000|||||7,000||13,000|
||||NET MOVEMENT
IN|FUNDS|21,570|6,635|||( 8,282)||19,923||99,983|
||||Balances brought
forward|at I/I/2020|165,893|99,472|||45,030||310,395||210,412|
||||Transfers
between
funds|||||||||||
||||BALANCES CARRIED|FORWARD AT 31/12/2020|187,463|106,107|||36,748||330,319||310,395|
##
|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|Note||||||||
|||FIXEDASSETS||||||
||18|Tangible
assets||||0|101526|
||19|Investments||||115,000|108,000|
|||||||115,000|118,526|
|||CURRENT ASSETS||||||
|||Stock||||3,085|3,559|
||20|Debtors & prepayments||||36,512|481190|
|||Short term deposits||||195,485|124,800|
|||Cash at bank||||81,849|101,919|
|||||||316,931|278,468|
|||CURRENT LIABILITIES||||||
||21|Creditors: amounts|falling due within||one year|( 7,448)|( 12,473)|
|||NET CURRENT|ASSETS|||309,483|265,995|
|||TOTAL ASSETS|LESS CURRENT LIABILITIES|||424,483|384,521|
||22|Creditors: amounts|falling due after||more than one year|( 9)165)|( 9,126)|
||23|Provisions
for liabilities||and charges||( 85,000)|( 65&000)|
|||||||330)318|310,395|
||24|NET ASSETS||||330,318|310,395|
|||FUNDS||||||
|||Unrestricted||||187)463|165,893|
||25|Designated||||1061107|99,472|
||26|Restricted||||36,748|45,030|
|||||||330,318|310,395|
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|Note||INCOME|||Unrestricted|Designated|Restricted|2020|2019|
|---|---|---|---|---|---|---|---|---|---|
||2|Planned
Giving||||||||
|||Gift Aid - standing
orders received at bank|||11,888||50|11,938|10,216|
|||Other
planned|giving - GAYE||1,381|||1,381|953|
|||Other
planned|giving - CAF Vouchers||15|||15|210|
|||Other
planned|giving - non gift aided||720|||720|970|
||||||14,004||50|14,054|12,349|
||3|Collections
&Other Giving||||||||
|||Plate collections|- Sunday services||495|||495|2,657|
|||Plate collections|- special services||622|||622|3,055|
|||One-off Gift Aid gifts|||3,237||1,087|4,324|9,879|
||||||4,354||1,087|5,441|15,591|
||4|Other Voluntary
Receipts||||||||
|||Giving through|church
boxes|—donations|2,407||10|2,417|11,600|
|||Giving through|church
boxes|- candles|1,537|||1,537|6,014|
|||Other donations
and appeals|||2,775|||2,775|2p948|
|||Other funds generated
-flowers||||||0|268|
|||Legacies|||||||74,211|
|||Recurring
grants||||||||
|||- Wakefield|8& Tetley Trust||34,650|10,350||45,000|58,500|
|||- Northcott|Foundation||27,650|10,350||38,000|36,000|
|||City Burial|Ground
Fund||2,750|||2,750|2,750|
|||Trust for London|||1,125|||1,125|1,125|
|||- Worshipful|Company
of|World Traders|1,000|||1,000|1,000|
|||Non-recurring|one-off grants|||||||
|||- City Churches
Grants Committee|||||6,500|6,500|30,000|
|||- Wakefield|gc Tetley Trust|||30,001||30IOO I|0|
|||- Northcott|Foundation||||1,150|1,150||
|||Worshipful|Company
of|World Traders|500|||500||
||||||74,394|50,701|7,660|132,755|224,416|
##
|||INCOME|INCOME|||||Unrestricted|Designated|Restricted|2020|2019|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Note|||||||||||||
||5|Gift Aid Recovered|||||||||||
|||Tax recoverable
on Gift Aid||||||4,344||182|41526|8,760|
|||||||||4,344||182|4I526|8,760|
||6|Other|Receipts||||||||||
|||Other|funds generated|—Church|Rate|||8,367|||8,367|12,575|
|||Other|funds generated|- hospitality||||8|||8|567|
|||Refund|of utilities
and|bills - Queen||Mother Centre||10,365|||10,365|20,760|
|||Refund|of utilities
and|bills - church fiat|||||||0|298|
|||Refund|of utilities
and|bills - mobile phone mast||||10,403|||10,403|6,002|
|||Refund|of utilities
and|bills - Vicarage||||2,366|||2,366|3,369|
|||P,eimbursement
of interregnum|||expenses||||||0|682|
|||Reimbursement
ofArea Deans'|||expenses|||||5,181|5, 18 I|340|
|||Government
Furlough||Scheme||||11,029|||11,029|0|
|||VAT refund
- Listed Places ofWorship|||||scheme||||0|19,480|
|||||||||42,538||5, 18 I|47,719|64,073|
||7|Activities for Generating
Funds|||||||||||
|||PCC fundraising
events/activities||||||2,100|||2,100|2,352|
|||Other|funds generated|—recitals||||||312|312|1,193|
|||Other|funds generated|- guided|tours|||950|||950|868|
|||||||||3,050||312|3,362|4,413|
||8|Investment
Income|||||||||||
|||Interest|on CCLA deposit
a/c|||||646|||646|747|
|||Income|from CCLA investment||fund|||3,243|||3,243|2,553|
|||Rent-|AII Hailows
House|||||56,873|||56,873|56,545|
|||Rent -|Queen
Mother|Centre||||12,324|||12,324|36,639|
|||Rent -|church
flat|||||32,201|||32,201|31,961|
|||Rent -|mobile phone mast|||||16,338|||16,338|16,000|
|||||||||121,625||0|121,625|144,445|
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|||INCOME||||||Unrestricted|Designated|Restricted|2020|2019|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Note||||||||6|6|6|||
||9|Receipts|from Church||Activities||||||||
|||PCC statutory
fees||- weddings|||||||0|570|
|||PCC statutory
fees||- funeral/deposition|||||||0|89|
|||Bookshop|sales|||||1,109|||1,109|8,350|
|||Porch Room
lettings||||||210|||210|690|
|||Hire ofchurch
building|||||||||0|3,185|
|||PCC non|statutory|fees|- wedding||||||0|220|
|||PCC non|statutory|fees|- funeral/deposition||||||0|310|
|||PCC non|statutory|fees|—memorial|services|||||0|1,340|
|||PCC non|statutory|fees|- carol services|||1,720|||1,720|2,243|
|||PCC non-statutory||fees|- Livery Company||services|180|||180|805|
|||PCC non|statutory|fees|- I'acuity charges||||||0|1,303|
|||Printing
orders ofservice||||||50|||50|50|
|||Education|- Clios' workshops|||||6,450|||6&450|3,950|
|||Education|- other school||workshops|||180|||180|600|
|||||||||9,899||0|9,899|23,705|
|||INCOME|- GRAND TOTALS|||||274,208|50,701|14&472|339,381|497,752|
##
||||EXPENDITURE|EXPENDITURE|||Unrestricted|Designated|Restricted|2020|2019|
|---|---|---|---|---|---|---|---|---|---|---|---|
|Note||||||||||||
||10||Cost ofGenerating
Funds|||||||||
||||Fees paid to|fund raisers -|Church|Rate|1,200|||1,200|1,200|
||||Bookshop
purchases||||784|||784|3,192|
||||Electricity -|church
flat|||806|||806|458|
||||Minor fabric|repairs - Church
Flat|||||||31|
||||Rent payable|—St Dunstan|in the East||10,125|||10,125|10,127|
||||Minor fabric|repairs - St Dunstan||in the East|78|||78|2,194|
||||Gas - Queen|Mother Centre|||795|||795|2,857|
||||Electricity -|Queen
Mother|Centre||4,591|||4,591|9,859|
||||Water rates|- Queen
Mother Centre|||2,178|||2, 178|2,550|
||||Minor fabric|repairs
- Queen
Nother Centre|||1,980|||1,980|0|
||||Repairs fixtures
&fittings
—Queen|||Nother Centre|1,865|||[,865|I&825|
||||Maintenance|agreements
-|Queen|Mother Centre|1,140|||1,140|1,107|
||||Professional|fees
—Queen|Mother|Centre||||0|2,400|
||||Electricity -|mobile phone|mast||8,2 I
I|||8,211|8,195|
||||||||33,753||0|33,753|45,995|
||I|I|Missionary|& Charitable|Giving|||||||
||||Relief and development
agencies|||||||0|1,273|
||||Home mission||||2,850|||2,850|3&250|
||||Secular charities||||||1,262|1,262|2,406|
||||||||2,850||1,262|4&112|6,929|
##
|||EXPENDITURE|||||Unrestricted|Designated|Restricted|2020|2019|
|---|---|---|---|---|---|---|---|---|---|---|---|
|Note||||||||||||
||12|Parish Share||||||||||
|||Common
Fund|||||73,000|||73,000|70,500|
||||||||73,000|||73,000|70,500|
||13|Clergy
89 Staffing|Costs|||||||||
|||Salaries and staffing costs|||||75,900|20,348|5,181|101,429|102,509|
|||Pension
contributions|||||3,961|4,880||8,842|8,647|
|||Volunteers
costs, inc luncheon|||vouchers||304|||304|1,576|
|||Clergy expenses
- travel,||hospitality||etc|136|||136|731|
|||Gas - vicarage|||||1,920|||1,920|1,973|
|||Electricity - vicarage|||||1,926|||1,926|1,047|
|||Water rates - vicarage|||||474|||474|464|
|||Telephone
(inc mobile) -||vicarage|||639|||639|560|
|||Minor fabric repairs|- vicarage||||288|||288|683|
|||Repairs fixtures 8fittings||- vicarage|||9,034|||9,034|10,104|
|||Maintenance
contracts -||vicarage|||1,730|||19730|2,295|
|||Cleaning contracts -|vicarage||||1,153|||1,153|1,344|
|||Major fabric repairs|- vicarage|||||10,000||10,000|11,212|
||||||||97,465|35,228|59181|137,874|143,145|
##
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|||EXPENDITURE|||Unrestricted|Designated|Restricted|2020|2019|
|---|---|---|---|---|---|---|---|---|---|
|Note||||||||||
||14|Church
Running|Expenses|||||||
|||Membership
fees|||662|||662|493|
|||Insurance
- church|||1,036|||1,036|1,083|
|||Professional
fees -|architect, etc||6,2 I0|5,838||12,048|0|
|||Telephone
- church office|||318|||318|309|
|||Broadband
Ik fax -|church|office|753|||753|697|
|||Organ tuning
Ik maintenance|||1,394|||1,394|4,932|
|||Organ
repairs||||||0|6,400|
|||Piano tuning||||||0|170|
|||Maintenance
contracts - church|||3,967|||3,967|5,284|
|||Cleaning
contr acts|- church|||||0|1,518|
|||Cleaning
materials|- church|||||644|868|
|||New fixtures
and fiting - church|||||4,636|4,636|0|
|||CCTV|||818|||818|1,668|
|||Upkeep ofservices|- altar|requisites|1,176|||1,176|2,584|
|||Flowers/Christmas|trees||780|||780|2,184|
|||Hospitality|||476|||476|6,889|
|||Office staff expenses||||||0|628|
|||Office equipment|||1,453|||1,453|415|
|||Office equipmenc|rental||1,325|||1,325|1,413|
|||Office equipment:|maintenance/repair||614|||614|690|
|||Postage|||462|||462|294|
|||Photocopying,
printing 8 stationery|||1,526|||1,526|2,661|
|||Depreciation|||||10,525|10,525|10,525|
|||Advertising
Ik marketing|||731|||731|887|
|||Music, licenses,
royalty fees etc|||2,795|||2,795|2,784|
|||Bool&s, magazine
subs etc|||466|||466|406|
|||Bank charges|||241|||241|272|
|||Electricity - church|||4,601|||4,601|8,461|
|||Gas - church|||3,789|||3,789|4, 124|
|||Water rates - church|||606|||606|592|
||||||36,843|5,838|15,161|57,842|69,231|
##
|||EXPENDITURES|||Unrestricted|Designated|Restricted|2020|2019|
|---|---|---|---|---|---|---|---|---|---|
|Note||||||||||
||15|Church
Repairs
Ik Maintenance||||||||
|||Repairs fixtures 8 fittings
- church|||1,695|||1,695|8,676|
|||Minor fabric repairs
—church|||403||1,150|1,553|2,487|
|||Fire extinguisher
maintenance|- church||,1,011|||I)011|895|
|||Major repairs - church||||10,000||10,000|28,411|
|||Redevelopment
of first floor meeting||rooms||||0|6,798|
||||||3,109|10,000|1,150|14,259|47,267|
||16|Other PCC Property
Upkeep||||||||
|||Other PCC property
upkeep
- Queen||Mother Centre||||0|22,944|
|||||||||0|22&944|
||17|Other support costs||||||||
|||Examination/book-keeping/payroll|||5,618|||5,618|4,758|
||||||5,618|||5,618|4,758|
|||EXPENDITURE - GRAND|TOTALS||252,638|51,066|22,754|326,458|410,769|
##
|18|FIXED ASSETS FOR USE|FIXED ASSETS FOR USE|FIXED ASSETS FOR USE|BY THE PCC - Equipment|BY THE PCC - Equipment|2020|2019|
|---|---|---|---|---|---|---|---|
||Tangible
Fixed Assets|||||6|6|
||Cost at
I January 2020|||||52,626|52,626|
||Additions|||||||
||Disposals|||||||
||At 31 December 2020|||||52,626|52,626|
||Less accumulated
depreciation|||at|I January 2020|42,100|31,575|
||Charge for the year|||||10,526|10,525|
||Disposal
adjustment|||||||
||At 31 December 2020|||||52,626|42,100|
||NET BOOK VALUE at|31 December 2020|||||10,526|
|19|INVESTMENTS|||||2020|2019|
||At Market Value|||||||
||CCLA/CBF Investment|Fund|-|At|I January 2020|108,000|75,000|
||Addition||||||20,000|
||Surplus
on revaluation|||||7,000|13,000|
||At 31 December 2020|||||115,000|108,000|
|||||||2020|2019|
|20|DEBTORS|||||||
||Income tax recoverable|on donations||||4,065|6,700|
||Other debtors,
prepayments||&accrued income|||32)447|41,490|
|||||||36,512|48,190|
##
|Note|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||21|LIABILITIES|||||||2020|2019|
|||Amounts
falling due within||one year||||||f.|
|||Accruals
gr deferred|income||||||5,553|10,420|
|||FAYE & NIC|||||||1,895|2,053|
||||||||||7,448|12,473|
||22|CREDITORS|||||||2020|2019|
|||Amounts
falling due after||more than one year|||||||
|||Rent deposit|||||||9,165|9,126|
||||||||||9,165|9I 126|
||23|PROVISIONS FOR LIABILITIES AND CHARGES|||||||2020|2019|
|||Provision
for major|fabric repairs||||||85,000|65,000|
||||||||||85,000|65,000|
||24|ANALYSIS OF NET ASSETS BYFUND|||Unrestricted|Designated|Restricted||TOTAL|TOTAL|
||||||&General|Funds|Funds||||
||||||Funds||||2020|2019|
|||||||||f|||
|||Fixed Assets|||0|0||0|0|10,526|
|||Investments|||0|115,000||0|115,000|108,000|
|||Current
Assets|||280, 183|0|36,748||316,93 [|278I468|
|||Liabilities
gr Charges|||( 92,720)|( 8,893)||0|( 101,613)|( 86,599)|
||||||187I463|106,107|36,748||330,318|310,395|
||25|DESIGNATED FUNDS|||||||2020|2019|
|||hiinistry|||||||32,734|7,261|
|||Fabric|||||||73 373|92,211|
||||||||||106,107|99,472|
##
|Note|||||
|---|---|---|---|---|
||26|RESTRICTED FUNDS:|||
|||Roman|Pavement|Ik Crypt|
|||Fabric|||
|||Organ|||
|||Foodbank (Tower||Talent)|
|||Sound|System||
|||icon|||
|2020|2019|
|---|---|
|4,201|4,201|
|22,590|31,138|
|3,597|3,218|
|6,360|0|
|0|1,979|
|0|4,494|
|36,748|45,030|
##
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