2020-12-31-accounts

				Contents
					Page
Legal and administrative		information			'I -2
Report ofthe Parochial		Church	Council		3-5
Independent Examiners'		report
Statement offinancial	activities
Balance sheet
Notes to the accounts					9-19

Treasurer			Richard Deith
St. Mary	the	Virgin	Eileen Bryant (to	18October	2020)
			Susan Bennett (from 18October 2020
			Aimie Chapple
			Linda Ferris
			Margaret Jewson
			Rosalie Gibson
			David Gurney
			Robert Paterson	(from 18October 2020)
			Brian Rea
			Polly Rea
			Robert Ridgway
			Maggie Stiles (to	18October	2020)
			Gordon Taylor
			Kevin Wallis
			Adam Whyte (to	18October	2020)
Other relevant organisations
Custodian	Trustees		The Diocesan Trustees (Oxford) Limited
			Church House Oxford
			Langford Locks
			Kidlington
			OXS 1GF
Independent		examiners	Critchleys Audit LLP
			Beaver House
			23-38 Hythe Bridge Street
			Oxford
			OX1 2EP
Bankers			Barclays Bank pic		CCLA Investment		Management		Limited
			102 High Street		The CBFChurch of England			Funds
			Thame		80 Cheapside
			Oxon		London
			OX9 3DU		EC3V 6DZ
			CAF Bank Ltd		Thame Community		Bank
			25 Kings Hill Avenue		Thame Town	Hall
			Kings Hill		High Street
			West Mailing		Thame
			Kent ME194JQ		OX9 3DP
					(Part of Swan	Credit Union)

			Unrestricted			2020	2019
		Unrestricted	Designated	Restricted	Endowment	Total	Total
	Notes	Funds	Funds	Funds	Funds	Funds	Funds
		E	E	f		E	E
Income and endowments	from:
Donations and legacies		150,137	9,125	8,847		168,109	158,169
Income from investments		181		4,396		4,577	5,470
Other income		12575	3046	75		15696	32715
Total income and		162893	12171	13318		188382	196354
endowments
Expenditure on:
Grants		13,700				13,700	15,700
Activities directly related to
the church's work		128,479	13,127	1,409		143,015	131,972
Church management and
administration	10	28,325				28,325	31,644
Family and children costs				16714		16714	18138
Total expenditure		170504	13127	18123		201754	197454
Net income/(expenditure)
before gains and losses on		(7,611)	(956)	(4,805)		(13,372)	(1 1pp)
investments
Net gains/(losses) on
investments	15				10097	10097	23135
Net income/(expenditure),		(7,611)	(956)	(4,805)	10,097	(3,275)	22,035
Transfers between funds
Net movement in funds		(7,611)	(956)	(4,805)	10,097	(3,275)	22,035
Balance brought forward at	1
January 2020		64517	133654	61253	146820	406 244	384209
Balance carried forward at		56906	332.698	SR4$	~	4R969	4K2kk
31 December 2020

							2020			2019
					Notes	f				f
Fixed assets
Tangible assets					14			152,612			158,906
Investments					15			156917			146820
								309,529			305,726
Current assets
Debtors					16		7,923		9,708
Short term deposits					17		71,472		90,471
Cash at bank	and	in	hand		18		26663		9862
							106,058		110,041
Creditors: amounts			falling due within
one year					20		~12618		~9523
Net current	assets							93440			100518
Net assets								402969			406244
Funds
Unrestricted	funds				21			56,906			64,517
Unrestricted	Designated			funds	21			132,698			133,654
Restricted funds					21			56,448			61,253
Endowment	(Capital)		funds		15			156917			146820
Total funds

			2020		2020	2019
		Unrestricted	Designated f	Restricted f	Total All Funds f	Total All Funds
Planned	Giving
Regular	Giving	89,816	6,751	4,170	100,737	94,482
Gift Aid	recovered	24,952		1,112	26,064	24,341
Other Giving
Cash collections		5,904			5,904	25,730
Sundry	donations	29465	2374	3565	35404	13616
		25IU3Z	9.125

					2020		2020	20'l9
				Unrestricted	Designated	Restricted	Total All Funds	Total AII Funds
				f		E
Bank	interest			181			181	242
Investment			fund			4396	4396	5228
income
.	OTHER INCOME
					2020		2020	2019
				Unrestricted	Designated	Restricted	Total All Funds	Total All Funds
				E		f	f	f
Funeral		Bt	churchyard	12,139			12,139	11,224
Wedding		fees		436		75	511	5,421
Rents					3,046		3,046	8,820
Grants								7250
								32215

						2020		2020	2019
								Total	Total
					Unrestricted f	Designated	Restricted	All Funds	All Funds f
Missionary		societies			13,200			13,200	13,200
Evangelism					500			500	2500
					132QQ				15209
he above	totals	include the following			payments:
						2020		2020		20'l9
Grants to	Organisations			Unrestricted f		Designated f	Restricted	Total All Funds	Total All	Funds f
								f
Church Missionary			Society		2,400			2,400		2,400
Christian Solidarity			Worldwide		1,200			1,200		1,200
S.I.M.					2,400			2,400		2,400
K8.K Via	Oxford		Diocese		2,400			2,400		2,400
Daughters	Cambodia				2,400			2,400		2,400
Clinic Senegal					2,400			2,400		2,400
Lighthouse										2,000
Prison Fellowship					500			500		500
					132QQ			132QQ

. ACTIV	ITIES DIRECTL	Y RELATING TO T	HE WORK OF	THE CHURCH
			2020		2020	2019
		Unrestricted	Designated	Restricted	Total All Funds	Total All Funds
		f	E		f
Parish share		83,030			83,030	82,503
Ministry Team expenses		2,265	941		3,206	3239
Church running expenses		17,610	10,692	942	29,244	18,924
Church maintenance		14,280	1,494	467	16,241	15,603
Depreciation	on plant	3,080			3,080	2,031
Depreciation	on buildings	3,214			3,214	4,263
Children 8	youth work					999
Upkeep of churchyard		5000			5000	4410
		12LAZ9			14%915	131922

					2020			2020	2019
				Unrestricted f	Designated	f	Restricted f	Total All Fundsf	Total All Funds f
Independent		examination	fee	1,555				1,555	1,080
Office staff salaries				17,967				17,967	17,960
Printing	&.stationery			6,873				6,873	7,754
Office rent				'I 930 %@325				1 930 ~2	4850 31kB
1 FAMILY		AND CHILDREN		LEADER COSTS
					2020			2020	2019
				Unrestricted E	Designated	f	Restricted f	Total All Funds	Total All Funds
									f
Salaries							16,714	16,714	18,138
Expenses									1 800
									39938

Out of	pocket expenses reimbursed t	o the clergy w	ere as follows:
				2020	2019
				Total	Total
				f	f
A. Garratt (2019)and Mike Reading —vicar's expenses				1,506	1,185
Graham	Choldcroft (Assoc, Min) and	Mike Reading	(curate)	1700	2054
				3296	3239
STAFF	COSTS
				2020	2019
Wages	8t Salaries paid to staff			Totalf	Total f
Office staff salaries - St. Mary's Office				17,967	17,960
Family	and Community Development	Leader		16,714	18,138
Cleaner				I 530	1 800

					2020	2019
					Number	Number
Management	and administration		of	the charity	1	1
Family and Community		Development		Leader	1	1
Cleaner					0.2	0.2

4. TANGIBLE FIXED	ASSETS
	Freehold	Freehold	Freehold
	8Victoria	Clacken	50%Thame	Plant for	Office
	Mead E	Meadow	Barns	church use f	equipment	Total f
Cost or Valuation
At 1 January 2020	135,513	6,360	50,000	62,865	2,125	256,863
Additions
As 31 December 2020	135513	6360	50000	62865	2125	256863
Depreciation
At 1 January 2020	38,474		14,994	42,364	2,125	97,957
Charge for year	2381		833	3080		6234
At 31 December 2020	40855		15827	45444	2 125	104251
Net book values
At 31 December 2020	94658	6360	34173	17421		152612
At 31 December 2019	97039	6360	35006	17421		155826

8 Victoria Mead	470,000
Clacken Meadow (at f6,000 per acre)	31 800

		2020			2020		2019
	Unrestricted f	Designated	f	Restricted	Total All Funds		Total All Funds
					f		f
Trade debtors
Gift Aid recoverable	3,562				3,562		4,663
Prepayments	4361				4361		5045
SHORT TERM DEPOSITS
					2020		2019
						f
CAF Deposit Account					1,005		4
Scottish Widows Bank (90 Day)					69,960		89,960
Thame Credit Union						507	507
					21422
CASH AT BANK AND IN HAND
				2020	2019
						f
Barclays Current Account				15,847	1,884
CAF Current Account				10816	7	978
				26663

		Unrestricted	Designated	Restricted	Total
		f	f	f	f
Unrestricted	fund	7,304			7,304
Victoria Mead			(1,533)		(1,533)
Semi Quavers			2,995		2,995
Church & Ministry			1,313		1,313
Restoration			32,265		32,265
All Saints				8,082	8,082
Charity				4,012	4,012
Family &.Children				833	833
Organ				22,357	22,357
Chancel				20 507	20507
		7304	35040	55791	98135

0. CREDITORS: AMOU	NTS FALLING DUE WITHIN	ONE YEAR
		2020			2020	2019
	Unrestricted f	Designated	f	Restricted	Total All Funds	Total All Funds
					f
Trade creditors	1,396				1,396	5,416
Accruals	11222				11222	4107

1. ANALYSI	S AND RECONCILIA	TION OF MOVEM	ENTS ON NON	-ENDOWMENT	FUNDS
			2020		2020	2019
		Unrestricted	Designated	Restricted	Total All	Total All
		f		f	Fundsf	Fundsf
Income		162,893	12,171	13,318	188,382	196,354
Expenditure		~170504	~13127	~18123	~201 754	~197454
Surplus/(deficit)	before transfers	7611	956	4 805	13372	~1100
Transfers
Balance b/f at	1 January 2020	64517	133654	61 253	259424	260524
Balance c/f at	31 December 2020		HM98	MR448	%2RQ52	259.422
Represented	by:
Net Current Assets		(1,048)	38,040	56,448	93,440	100,518
Fixed Assets		57954	94658		152612	158.906
		56906	132698	56448	246052	259424

					2020
			Victoria	Semi	Church R		2020	2019
			Mead Fund	Quavers Fund f	Ministry Fund f	Restoration Fundf	Total f	Total f
Income			2,696	219	350	8,906	12,171	18,386
Expenditure			(7,323)		(130)	(5674)	(13,127)	(6796)
Surplus/(deficit)		before
transfers			4627	219	220	3 232	~956	11590
Transfers from/(to)
Unrestricted	funds
Balance b/f
At 1 January	2020					SZ4133	333656	122964
Balance c/f at
31 December		2020

			2020
	AII		Family Ik		Chancel	2020	2019
	Saints	Charity	Children' s	Organ	Repair	Total	Total
	Fund	Fund	Worker	Fund	Fund		f
	f	f		f	f
Income	961	3,200	5,647	75	3,435	13,318	21,472
Expenditure		942	16714	467		18123	26416
Surplus/(deficit)	961	2,258	(11,067)	(392)	3,435	(4,805)	(4,944)
Before transfers
Fund transfers
Balance b/f
At 1 January 2020				22249	1MZ2	612S3	66197
Balance c/f
At 31 December 2020