2020-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Andrew With St Etheldreda, Histon

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.


Contents			Page
Report ofthe Parochial Church	Council ('PCC')
Aims ofthe PCC
Administrative Information
Charitable Status
Electoral Roll / Sunday	Attendance
Structure, Governance	and	Management
Achievements and Performance
Plans for the Future
Financial Review
Budgetary Policies
Grant-making Policy
Investment Policy
Risk Management
Key Management Personnel		Remuneration
Statement ofthe PCC's	Responsibilities
Independent Examiner's Report			10
Statement of Financial Activities
Balance Sheet
Statement of Cashflows			14
Notes to the Financial Statements			15-31

Parochial	St Andrew with St Etheldreda,		Histon
Church Location:	Church Street, Histon, Cambridge CB24 9EP
Correspondence:	Church Office, Saint Andrew's		Centre, School Hill,			Histon,
	Cambridge CB24 9JP
Website:	http://www. standrewshiston.	org
Email:	officestandrewshiston. org
Incumbent:	Canon James Blandford-Baker
Churchwardens:	Mark Strivens
	Stephen Tromans
PCC Secretary:	Louise Vincent
Treasurer:	Erin Dickens
Accountants:	lan Shipley, Prentis & Co LLP,		11ScMilton		Road,
	Cambridge CB4 IXE
	Unity Trust Bank, Nine Brindleyplace,			Birmingham		B1 2HB
	Cambridge Building Society,	2	High Street,		Histon,	Cambridge
	CB24 9LG
	CCLA Investment Management		Ltd (The CBF Church of England
	Funds), 80 Cheapside, London		EC2V	6DZ

	Unrestricted funds	Restricted funds	Total funds	Unrestricted funds	Restricted funds	Total funds
	2020	2020	2020	2019	2019	2019
				f		f
Income
Donations and legacies	242,015	12,698	254,713	220,782	500	221,282
Charitable activities	44,346	0	44,346	40,585		40,585
Trading activities	80,881	0	80,881	221,100		221,100
Investments	0	0	0			11
Other income	1,334	0	1,334	1,692		1,692
Total income	368,963	12,698	381,661	484,170	500	484,670
Expenditure
Charitable activities	234,885	23,800	258,685	255,751	20,759	276,510
Trading activities	105,338	645	105,983	192,084	7,117	199,201
Total expenditure	340,223	24,445	364,668	447,835	27,876	475,711
Net income/(expenditure) and net movement in funds	28,740	-11,747	16,993	36835	-27,376	8,959
Reconciliation offunds
Total funds brought forward	610,126	1,186,143	1,796,269	573,791	1,213,519	1,787,310
Total funds carried forward	638,866	1,174,396	1,813,262	610,126	1,186,143	1,796,269

alance Sheet 1 December 2020
			Consolidated		Parent
			2020	2019	2020	2019
						Restated
			f	f	f	f
Fixed assets
Tangible fixed assets		5	1,722,686	1,757,550	1,648, 120	1,679,175
Investments			0	0	90,000	90,000
Total Fixed assets			1,722,686	1,757,550	1i738i120	1i769i175
Current assets
Stock			1,500	1,500	0	0
Debtors		7	23,789	19,012	48,369	55,877
Cash at bank and in	hand		141,693	118,872	120,277	71,415
Total Current assets			166,982	139,384	168,646	127,292
Liabilities
Creditors - due in one			23,957	40,140	12,275	27,640
year
Net Current assets			143,025	99,244	156,371	99,652
Total assets less current liabilities			1,865,711	1,856,794	1,894,491	1,868,827
Creditors - due after	one		52,449	60,525	52,449	60,525
year
Total Net Assets			1i813r262	1i796i269	1,842f042	1,808,302
Funds ofthe charity		9
Restricted income funds			1,173,896	1,186,143	1,173,896	1,199,272
Unrestricted income			309,649	284,241	357,611	293,555
funds - general
Unrestricted income funds —designated			334,619	325,885	310,535	315,475
Total Charity	Funds		1,813,262	1,796,269	1i842i042	1i808i302

			Consolidated	Consolidated		Parent
			2020		2019	2020	2019
			f		f	f	f
Cash provided by operating		(used in) activities	24,425	62,433		49,456	35,000
Cash flows from	investing	activities
Interest income			0		11		11
Rental income			0		0		0
Purchase oftangible fixed		assets	0	-19,539			-1,202
Cash provided by		investing activities	0	-42,905		0	-1 191
Cash flows from	flnancing	activities
Interest Paid			-1,603		0	-594	0
Repayment of borrowing			0		-6,000	0	-6,000
Cash used in	financing	activities	-1,603		-6,000	-594	-6,000
Cash at beginning	of year		118,872		81,967	71,415	43,607
Increase in cash	in the year		22,821		36,905	48,862	27,808
Cash at end ofyear			141i693	1	1Bi872	120i277	71i415

					Ct		CV	CV					CI CO CI	O Qt	m O	m O	O	O	tc! CO Vl	c«t CQ R lcl m	cp	O
					CI		CQ											CQ	cC
													CV
					IJl			OO					CO CI
					Ct								tct
					CI
				Clt C	Ot CO						ICI CQ		CC CO	O O			O	O	tct CO tct			O
					CI			CO					O CV			LD		«O	CI 'CC
					O CV CO CC	CII		CC «I!	cp	ct	m O O CQ	R CQ CO	m I				L«l O	«I! CQ	l«l cO	Qh Ct Cll O CO
					O CIO	CCI		CQ pt IO				OO	CO «CI «O
					CC							O	CI
													l
			'CO	+	a CVO CC	ccl				ct	m O ill O	R cQ CQ	tct lO CC	o LQ m		m CO	«I! CCI lcl O	COR «CI ud	I«I cQ	&Tl O CO	ID
								CQ
													CQ
			h0
QJ
	O
Ql E C m Ct 0 cd CCc8S 0Z Pl		Ct Itl Cttt 0 00 CC					Ct OO 'IO C0 00O 0 cc!		Qt Ql 0 Ct X	00 cd0 0 Qt 0p. U Ql Qt 0		0 'g Z		:2 Qt Zt CC	Ql00 O- U 0 0 cdc 00	~ ICt	It '00 0 E Ct Z		Q	Ql tC Qt IU 0	'Qt Qi Qt E	QlC 0 cjt «l. Qt cct	0 cc! 0 cd Z

.1 Staff	costs
		Unrestricted	Restricted	Total funds	Total funds
		funds	funds
		2020	2020	2020	2019
			f	f	f
Wages	and salaries	121,829		121,829	167,869
National	insurance	1,970		1,970	1,902
Pension	contributions	3,388		3,888	3,34S
		127,188	0	127,188	173,116

ransfers of funds during the yea	r were as foll	ows:
From: Unrestricted Designated	(building)	-4,940	Depreciation assets	charges on building
To: Unrestricted General funds		4,940

	Freehold land	Fixtures and	Computer	Total
	and buildings	fittings	equipment
Cost:
As at 1 January 2020	1,901,594	57,270	10,119	1,968,983
Additions	0	0	0	0
As at 31 December 2020	1,901,594	57,270	10,119	1,968,983
Depreciation
As at 1 January 2020	172,868	31,997	6,567	211,433
Additions	25,318	7,231	2,315	34,864
As at 31 December 2020	198,186	39,228	8,882	246,297
Net book value
As at 1 January 2020	1,728,726	25,272	3,552	1,757,550
As at 31 December 2020	1,703,408	18,042	1,237	1,722,686

	Freehold land	Fixtures and	Computer	Total
	and buildings	fittings	equipment
Cost:
As at 1 January 2020	1,819,184	36,635	8,682	1,864,501
Additions	0	0	0	0
As at 31 December 2020	1,819,184	36,635	8,682	1,864,501
Depreciation
As at 1 January 2020	164,668	15,528	5,130	185,326
Additions	23,670	5,070	2,315	31,055
As at 31 December 2020	188,338	20,598	7~444	216~381
Net book value
As at 1 January 2020	1,654,516	21,107	3,552	1,679,175
As at 31 December 2020	1,630,846	16,037	1i237	1,648,120

7.Debtors	Consolidated	Consolidated
	2020	2019	2020	2019
	f
Tax on gift aid receivable	5,980	6,787	5,980	6,787
Other prepayments and accrued income	7,087	12,224	2,988	10,592
Furlough pay receivable	903	0	903	0
Loan to (cafe) subsidiary	0	0	38,498	38,498
	13,970	19,011	48i369	55i877

.Liabilities
		Consolidated			Parent
		2020	2019	2020		2019
Amounts falling due	in one year
Tax and national insurance		6,960	6,411	453		1,842
VAT Liability		4,154	5,924
31 Narrow Lane mortgage		6,374	6,000	6,374		6,000
Credit Cards		419	420	277		420
Accruals & deferred income		840	840	840		840
Trade creditors		1,996	10,930	1,285		8,923
Advance receipts		3,046	9,615	3,046		9,615
		23,789	40,140	12,275		27,640
Amounts falling due	after one year
31 Narrow Lane mortgage		52,449	60,525	52,449		60,525
		52,449	60,525	52,449		60,525

or the year ended 31 Dece .Funds	mber 20	20
		Balances as at 1 January 2020	Incoming resources	Resources expended	Transfers	Balances as at 31 December 2020
		f			f	f
Unrestricted General	Funds
General	Fund	284,241	349,015	338,798	10,289	304,747
Unrestricted De~si nated	Funds
Buildings	Fund	315,475	0	0	-4,940	310,535
Stepping	Stones	10,410	661	811	0	10,260
Children and Young People		0	10,770	134	0	10,636
Restricted	Funds
St Andrew's Centre Fund		1,185,643	0	22,488	0	1,163,155
Weekend Away Fund		500	8,517	480	-5,349	3,188
Vicar Discretionary	Fund	0	2,698	1,957	0	741
Chancel Repair Fund		0	10,000	0	0	10,000
Total	funds	1,796,269	381,661	364,668	0	1,813,262
		Balances as at 1 January 2019	Incoming resources	Resources expended	Transfers	Balances as at 31 December 2019
		f			f
Unrestricted General Funds
General Fund		246,436	461,904	423,040	-1,060	284,241
Unrestricted Designated	Funds
Buildings Fund Stepping Stones		314,415 12,940	22,266	24,795	1,060	315,475 10,410
Restricted Funds
St Andrew's Centre Fund		1,213,519		27,876		1,185,643
Weekend Away Fund		0	500			500
Total	funds	1,787,310	484,670	475,711	0	1,796,269

						Consolidated		Parent
						2020	2019	2020	2019
						f	f	f	f
Net movement in Funds						16,993	8,959	33,742	-12,013
Add back depreciation			charge			34,865	35,272	31,055	27,873
Deduct	interest income		shown		in
investing	activities
Deduct	rental income	shown		in
investing	activities
Add back interest paid financing activities			shown	in		1,603		594
Change	in debtors					-4,777	16,698	7,506	17,469
Change	in creditors					-24,259	1,515	-23,441	1,682
Net cash provided		by (used			in)	24~425	62i433	49f456	35,000
	operating		activities

	2020	2019
Income
Net Lettings	15,029	49,666
Service charges	3,000	3,810
	18029	53476
Expenditure
Cleaning	3269	3,996
Insurance	209	203
Utilities	6495	8,285
Staffing	12,000	12,000
Repairs, Maintenance	2576	6,440
Management	111	191
Consumables	303	834
Solar panels	0	3,035
	24,963	34,984
Finance charges	0	0
Profit	-6,934	18492

		2020 6	20196
Income
Turnover
Cafe catering		50,089	144,311
Charity Items		324	725
Goods & Other		11,774	305
Interest Received		4	17
		62,192	145 358
Cost of Goods
Catering		13,923	38,716
Charity Items		581	530
Non-food purchases		1,203	1,516
Plant Hire		999	495
		16,707	41,257
Gross Margin		45,475	104,101
Ex enses
Bank Charges		1,603	2,927
Catering equipment		1,935	1,742
Cleaning services		6,356	7,828
Operational Depreciation		634	284
Hardware		187	1,146
IT & Telephony		1,138	1,103
Insurance		1,557	1,482
Marketing & Advertising		195	799
Office Supplies		936	1,613
Payroll Cost		43,782	66,890
Maintenance		203	1,015
Utilities		161	1,748
Travel		0	44
Training		0	35
Bad Debts (written	offI	607	0
		59,294	88,656
Operating Profit/Loss		-12,073	15445
Capital Depreciation		3,176	4,082
Total Profit/Loss		-15,249	11,363

14.Saint Andrew's Centre	14.Saint Andrew's Centre	Cafe— Balance Sheet	Cafe— Balance Sheet
				2020 6	2019 K
Assets
Fixed Assets - Tangibles
Commercial Buildings				72,564	74,212
Computer Equipment				0	0
Fixtures & Fittings				2,003	2,636
Plant & Machinery				0	1,528
				74,567	78,376
Current Assets
Stock				1,500	1,500
Bank accounts				20,627	33,072
Undeposited Funds				84	1,319
Credit card processors				340	348
				22,551	36,239
		Total	Assets	97118	114,615
Liabilities
Accounts Payable
Accounts Payable				710	1,327
Liability - Current
Payroll Liabilities				3,041	1,310
VAT Control				4,154	5,924
Cafe Credit Card				142	0
Liability - Long term
St Andrew's PCC	Loan			38,498	38,498
	Total Liabilities			46,545	47,059
Net Assets		- Liabilities		50,573	67,556
Shareholder Funds
Called Up Share Capital				90,000	90,000
Retained P&L				-22,444	-33,807
Profit & Loss				-16,983	11,363
Total Shareholder			Funds	50,573	67,556

			2020	2019
Income
Fees
Baby Club			10	262
Toddlers			76	3,294
Playgroup			5	7,896
Lunches			0	347
Total Fees			91	11,799
Grants			570	9,936
Donations			0	0
Other income			0	70
Fundraising			0	461
Total Income			661	22 266
Ex enses
Operational	Costs
Insurance			0	355
Materials			0	579
Ofsted			0	35
Playgroup			28	119
Rent			0	220
Software			67	281
Training			0	265
Website			0	12
Total Operational		Costs	95	1,866
Admin & Management			71	20
Payrol I Cost			645	22,909
Fundraising			0	0
Total Expenses			811	24,795
Surplus/Deficit			-150	-2,529

6.Saint An	drew's Stepping Stones— B	alance Sheet
		2020	2019
Assets		f
Bank accounts		705	13,066
Debtors		87	603
		793	13,669
Liabilities
Payroll	Liabilities	3,635	3,259
Creditors		0	0
		3,635	3,259
Net Assets	- Liabilities	-2,842	10,410
Funds
Retained	P&L	10,410	12,940
Surplus	(Deficit) for year	-150	-2,529
Balance	c/f	10,260	10,410