|Contents|||Page|
|---|---|---|---|
|Legal and administrative
information||||
|Council Membership||||
|Trustees'
Annual
Report||||
|Aims and Purposes||||
|Objectives and Activities||||
|Achievements
and Performance||||
|Review of Financial Activities||and Affairs|10|
|Structure,
Governance|and Management|||
|Statement of Responsibilities||of PCC Members|12|
|Independent
Examiner's
report|||13|
|Statement offinancial
activities|||14|
|Balance sheet|||15|
|Cash flow statement|||16|
|Notes to the accounts|||17|
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|tak|en about o|ur expenditure
going f|orwar|d.||||
|---|---|---|---|---|---|---|---|
|In|summary:|Cash reserves|||F331,243|||
|Of|which|Restricted
funds|||E 26,462|||
|||Two month's
expenditure|||F100,000|||
|||Fabric fund|||F 20,000|||
|||2020 one-off/capital|expend.||F 88,500|||
|||2020 budget deficit|||F 39,932|Total|f274,894|
|||Unallocated
unrestricted||reserves|||F 56,349|
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|||Unrestricted|Restricted|TOTAL|TOTAL|
|---|---|---|---|---|---|
|||funds|funds|2020|2019|
||Note|||||
|INCOME||||||
|Voluntary
income|2(a)|435,673|15,219|450,892|471,345|
|Income from investments|2(b)|13,261||13,261|16,812|
|Church activities|2(c)|13094||13094|37 732|
|TOTAL INCOME||462 028|15219|477247|525 889|
|EXPENDITURE||||||
|Church activities||476 381|12940|489 321|555 409|
|TOTAL EXPENDITURE||476 381|12940|489 321|555 409|
|NET (LOSS)/SURPLUS BEFORE||||||
|INVESTMENT GAINS||(14,353)|2,279|(12,074)|(29,520)|
|NET GAINS ON INVESTMENTS|||||11652|
|NET (LOSS)/SURPLUS AND||||||
|MOVEMENT
IN FUNDS||(14,353)|2,279|(12,074)|(17,868)|
|TRANSFER BETWEEN FUNDS||1 764|~1764)|||
|||(12,589)|515|||
|TOTAL FUNDS BROUGHT FORWARD||782 256|39999|822 255|840 123|
|TOTAL FUNDS CARRIED FORWARD||769667|40 514|810181|822 255|
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||||||2020||2019|
|---|---|---|---|---|---|---|---|
||||Notes|||||
|FIXEDASSETS||||||||
|Tangible|||||482,435||498,732|
|Investments||||||||
||||||482,435||498,732|
|CURRENT ASSETS||||||||
|Debtors and prepayments||||5,246||32,634||
|Cash at bank and|in|hand||331243||299332||
|||||336,489||331,966||
|LIABILITIES||||||||
|Creditors —amounts||falling due||||||
|within one year|||10|(8743)||(8443)||
|NET CURRENT ASSETS|||||327 748||323523|
|TOTAL NET ASSETS|||||810181||822 255|
|PARISH FUNDS||||||||
|Unrestricted|||||769,667||782,256|
|Restricted|||||40 514||39999|
||||||810181||822 255|
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||CASH FLOW STATEMENT AT 31|CASH FLOW STATEMENT AT 31|DECEMBER 2020|||
|---|---|---|---|---|---|
||||2020||2019|
|Net cash from operating
activities|||22,643||(44,448)|
|Cash flows from investing|activities|||||
|Interest and rent from investments||13,261||16,812||
|Realisation
on sale|of investments|||173,962||
|Fixed asset investments||~3993)||~9809)||
|Net cash arising from/||||||
|(used in) investing
activities|||9268||180965|
|Change
in cash and cash|equivalents|in||||
|the reporting
period|||31,911||136,517|
|Cash and cash equivalents|at 1 January||299332||162815|
|Cash and cash equivalents|at 31 December||331 243||299 332|
|Reconciliation
ofnet income to net cash flow from operating|||activities|||
|Net income for the period|||(12,074)||(17,868)|
|Adjustments
for:||||||
|Depreciation
charges|||20,290||20,739|
|Gains on investments|||||(11,652)|
|Interest and rent from investments|||(13,261)||(16,812)|
|Decrease/(increase)
in debtors|||27,388||(13,470)|
|(Decrease)/Increase
in creditors|||300||~5385)|
|Net cash utilised
by operating
activities|||22 643||)44 448)|
|Analysis ofcash and cash|equivalents|||||
|Cash
in hand|||166||166|
|Cash at bank|||331 077||299166|
||||331243||299 332|
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|2.|INCOME|||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|TOTAL|TOTAL|
|||||funds|funds|2020|2019|
|2(a)|Voluntary|income||||||
||Planned
giving:||Gift Aid donations|327,451|9,428|336,879|338,051|
||||Tax recoverable|78,348|2,357|80,705|93,475|
||||Other|23,645|2,434|26,079|15,415|
||Legacies|||1,000||1,000||
||Collections:|(open plate)||5,229||5,229|23,404|
||Grants||||1 000|1 DDD|1 000|
|||||435 673|15219|450 892|471 345|
|2(b)|Income from investments|||||||
||Rent received|||11,250||11,250|14,400|
||Bank interest|||2 011||2 011|2412|
|||||13261||13261|16812|
|2(c)|Income from church activities|||||||
||Fees for occasional services|||8,794||8,794|14,627|
||Under 30s|||3,042||3,042|19,903|
||Church
and|Parish Room lettings||25||25|225|
||Parish-wide|events||18||18|911|
||Other|||1 215||1 215|2 066|
|||||13094||13094|37 732|
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|3.|EXPENDITURE|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|TOTAL|TOTAL|
|||||||funds|funds|2020|2019|
||||||Notes|||||
||Church activities|||||||||
||Missionary
and charitable||giving|||45,900||45,900|50,000|
||Diocesan parish share|||||198,797||198,797|194,875|
||Staff employment|costs|||5|130,993||130,993|145,062|
||St Michael's/St
Andrew' s/Parish|||Rooms|utilities|17,152||17,152|13,487|
||Congregational
costs|||||7,150||7,150|33,384|
||Training|||||54|1,250|1,304|3,761|
||Clergy expenses|||||4,479||4,479|4,882|
||Clergy house upkeep||||||||4,042|
||Hardship
Fund||||||2,400|2,400|530|
||Messy Lunch||||||2,603|2603||
||Under 30s|||||2,467||2,467|17,091|
||Parish-wide
events|||||4,761||4,761|10,045|
||Occasional service|fees|paid to|Diocese||5,897||5,897|8,528|
||Independent
examiner's||fees|||2,760||2,760|2,760|
||CCLI licences|||||2,974||2,974|2,770|
||Office and administration|||||16,033||16,033|17,118|
||Property
maintenance|||||14,516|1,000|15,516|18,458|
||Insurance|||||7,845||7,845|7,877|
||Depreciation|||||14603|5687|20 290|20 739|
|||||||476 381|12940|489 321|555409|
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|support,
or to the church or|charity
itself, for i|ts work and charitable
ac|tivities.|||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|TOTAL|TOTAL|
|||funds|funds|2020|2019|
|2 the Nations||7,300||7,300|6,000|
|Clemisons
(YWAM)||6,100||6,100|7,000|
|Milan &Shusma
Adhikari
Nepal||6,000||6,000|6,000|
|Krasif Aid||5,100||5,100|5,450|
|St Peter's Life-Line Kenya||3,900||3900|4,150|
|Hands On Houses (Australia)||3,400||3,400|3,900|
|Joel & Fiona Kelling (CMS)||3,100||3,100|3,500|
|Rabiah Aalam (CMS)||3,000||3,000|3,000|
|Laurence
8 Jane Knoop, OM||1,500||1,500|1,000|
|Debs Fenton (Metro Church)||1,200||1,200|1,600|
|Compassion||1,372||1,372|600|
|Tazmin Foster, YWAM||1,200||1,200|500|
|Aanandit
Charity Centre||900||900|700|
|Rachel 8 Jonathan
Schmidt|(YWAM)|800||800||
|Seckin Ugur (Izrnir Church)||400||400|1,000|
|Operation
Mobilisation||300||300||
|Tear Fund (tap twinning)||120||120||
|Christians
Against
Poverty (CAP)||108||108|1,000|
|Paul Scott (football mission|Uganda)|100||100|100|
|Go MAD|||||1,750|
|Nepal Churches
(Nepal trip)|||||1,000|
|CCOW|||||750|
|Holy Land Institute
for the Deaf|||||500|
|Aanandit
Church
Nepal|||||300|
|Sliven Baptist Church|||||200|
|||45 900||45 9DQ|5D 000|
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|Employment|costs|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|TOTAL|TOTAL|
|||funds|funds|2020|2019|
|Wages and|salaries|116,469||116,469|122,306|
|Employer's|Nl|4,486||4,486|10,751|
|Pension contributions||8,331||8,331|9,534|
|Expense claims||1 707||1 707|2 471|
|||130993||130993|145062|
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|The average
monthly
number ofemployees
(including
temp|orary
staff) during
the year was:||
|---|---|---|
||2020|2019|
|Administration|1.7|1.8|
|Operations/Management|0.3||
|Facilities|0.7|0.8|
|Youth and Children||2.0|
|Minister (directly employed)|1.0|1.0|
||5.4|5.6|
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|Tangible fixed assets|||||
|---|---|---|---|---|
||||Fixtures,||
||Land and|Investment|Fittings and||
||Buildings|Property|equipment|Total|
|||E||E|
|Cost or valuation|||||
|At 1 January 2020|31,390|435,000|240,821|707,211|
|Additions|||3,992|3,992|
|Disposals|||||
|At 31 December 2020|31 39D|435 000|244 813|711 2D3|
|Depreciation|||||
|At 1 January 2020|7,512||200,967|208,479|
|Charge for the year|2,504||17,785|20,289|
|Written back on disposals|||||
|At 31 December 2020|10016||218752|228 768|
|Net book value|||||
|At 31 December 2020|21 374|435 DDD|26 061|482 435|
|At 31 December 2019|23 878|435 ODD|39854|498 732|
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|Market value||
|---|---|
|At 31 December 2020|f435,000|
|At 31 December 2019|6435,000|
|At 31 December 2018|F425,000|
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|CBFChurch of England|Investment|Fund —Accumulation|shares|
|---|---|---|---|
|Market value at balance|sheet date|of4,675.35shares||
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|Debtors||||
|---|---|---|---|
|||2020|2019|
|||F|F|
|Income tax|recoverable|2,342|27,687|
|Prepayments|and accrued income|2904|4947|
|||5246|32634|
|Creditors: amounts
falling due within one|year||
|---|---|---|
||2020|2019|
|Accruals|7,196|6,485|
|Other creditors|1 547|1 958|
||8743|8443|
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|on trust for s|pecific purpo|ses as listed|below:||||
|---|---|---|---|---|---|---|
||||||Transfer||
||Balance at 1||||to|Balance at 31|
||January 2020||Income|Expenditure|Unrestricted|December 2020|
|Reordering||11,751||3,917||7,834|
|StAndrew' s||2,972||743||2,229|
|StAndrew's|Devt|14,436||55||14,381|
|Hardship
fund||4,640|7,466|2,400||9,706|
|Roof protection||250||250|||
|Churchyard|||1,000|1,000|||
|St Michaels's|organ AV|3,551||497|(1,764)|1,290|
|Furniss legacy||1,000||100||900|
|StAndrew's|lectern|1,250||125||1,125|
|Growing leaders|||1,250|1,250|||
|Autumn
Club|||242|||242|
|Messy lunch||149|5261|2603||2807|
|||39999|15219|12940|(~1764|40 514|
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|||Unrestricted|Restricted||
|---|---|---|---|---|
|||funds|funds|Total|
|Fund balances at|31 December 2020 are represented|by:|||
|Tangible fixed assets||468,562|13,873|482,435|
|Current' assets||309,848|26,641|336,489|
|Creditors: amounts|falling due within one year|~8743)||~8743|
|||769667|40 514|810181|
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