2020-12-31-accounts

					Unrsstricled	Funds:	TOTAL FUNDS	TOTAL FUNDS
					Ongoing	Designated	2020	2819
				Notes	f.	6	6
INCOMING RESOURCES
Incoming resources from	generated		funds
Donations and legacies				2(a)	700,260	1,164,985	1,865,245	1,239,674
Investment income				2(d)	10,080	15,882	25,962	33,009
					710,340	1,180,667	1,691,207	1,272,683
Incoming resources from charitable		activities		2(e)	7,846	4,750	12,696	44,419
Incoming resources from operational			actlvihes	2(b)	617,660		617,660	1,044,09'I
Other incoming resources				2(c)	153,816		163,816	85,847
TOTAL INCOMING RESOURCES					1,489,762	1,185,817	2,675.379	2.447.040
RESOURCES EXPENDED
Grants payable				3(a)	7,570	191,021	198,591	151,596
Charitable activities				3(b)	464,792	t5,429	480.221	807,578
Operational actrdti88				3(c)	666,497		686,497	1,100,133
Governance costs				3(d)	251.613	150	251,763	281,897
TOTAL RESOURCES EXPENDED					1,410,472	206,600	1,617,072	2,452,021
NET INCOMINGI(OUTGOING) RESOURCES					79,290	979,017	1,058,307	105,836
Transfers between Funds					758,713	(758,713)
Net Movement in Funds					838,003	220,304	1,058,307	105,838
FUND BALANCES 6/FWD	1 JANUARY				2,039,871	3,336,931	5,376,802	5,270,966
FUND BALANCES CIFWD	31 DECEMBER			'l1,12	2,877,874	3,557,235	6,435,109	5,378,802

			Note	Consolidated	Consolidated	PCC
				2020	2619	2020	2019
				6	6	f	6
TANGIBLE FIXED ASSETS			5	2,650,343	1,865,427	2,631,974	1,834,998
CURRENT ASSETS
Stock				13,698	16,167	13,698	16,167
Debtors			8	75,107	83,031	90,237	54,819
Short term deposits			7	1,841,472	2,068,698	1,841,472	2,068,698
Cash at bank and in hand				2,259,453	1,637,745	2,197,937	1,524,262
				4,189,730	3,805,641	4,143,344	3,663,946
CREDITORS: AMOUNTS	FALLING OUE
WITHIN ONE YEAR			8	(367,893)	(212,061)	(334,215)	(122,485)
NET CURRENT ASSETS				3,821,837	3,593,580	3,809,129	3,541,461
Total Assets Less Current		Liabilities		8,472,180	5,459,007	8,441,103	5.376,459
Provision for Llabgltles	and charges			6,855	5.380
Accruals and Deferred	Income		t0	(43,938)	(87.58S)
NET ASSETS				6,435,109	5,376,802	8,441,103	5,376,459
FUNDS
Unrestrbted Funds
-General Funds -Designated Funds			11,12 11,12	2,877,874 2.039,871 3,557,235 3.3N.931 6~55,		2.883,868 3.557.235 'I	2,039,528 3,336,931 5,376,459

2.INCOMING	RESOURCES	RESOURCES	RESOURCES
					Unrestricted	Funds	TOTAL FUNDS
					Ongoing	Designated	2020	2019
					8	8	8	6
2(a) Incoming	resources	from donations		and legacies
Donations	snd gifts				700,260	1,184,985	1,865,245	1,219,657
Legacies								20.017
					700,260	1,164,985	1,865,245	1,239,674
2(b) Incoming	resources	from operational		activities
Greyfriars	Minisbies	Limited			817,680		617,660	1,044,091
					617,660		617,660	1,044,091
2(c) Other Incoming resources
Hiring fess					13,948		13,948	45,816
Parking lees					1,382		1,382	5,031
Church activities					13,640		18,390	34,675
Insurance	claims				5,215		5,215
MisceBsneous income					119,631		119,631	325
					'l53.818	4.750	158,566	85,847
2(d) Income from investments
Interest receivable						15,882	15,882	20,343
Renisl income					10,080	-	10,080	12,666
					10.080	15,882	25,952	33,009
2(e) Income from charitable			activities
Greyfrisrs	Centre bookshop				7,946		),946	44,419
Greyfrisrs	Centre cogee lounge
					7,946		7,946	44,419
TOTAL INCOMING		RESOURCES			1,489,762	1,185,617	2,876,379	2,447,040

3,RESOURCES EXPENDED	3,RESOURCES EXPENDED
						Unrestricted	Funds	TOTAL	FUNDS
						Ongoing	Designated	2020	2019
3(a)	charitable grants (as institutional):					5	5	6	6
	General Grants
	Door ofHope						5,520	5,520	5,520
	CCA(Christian Community		Action)				12,000	12,000	12,000
	FAITH (feeding Ihe homeless)						9,720	9,720	7,620
	Yeldag (drug/alcohol rehsbgitatlon)						12,120	12,120	12,120
	CIRDIC (Churches in Reading			Drop In Centre)			6,060	6,060	6,060
	Reading Schools Worker	(schools outreach)					2,160	2,160	2,160
	Causeway Prospects								2,760
	Mustard Tree						2,800	2,800	2,100
	Amethyst						1,100	1,100	2,100
	Lifeline						3,500	3,500	2,100
	Frcntline						2,100	2,100	2,100
	RCN					2,400		2,400	2,400
	Engage Be/riending						3,000	3,000	1,500
	CPAS					5,170		5,170
	Street Pastors						5,000	5,000	1,200
	Surplus on 'Other Grants' accmed in 2018								(17,397)
	NQUIRE						500	500
	Others locally based projects						4,085	4,085	6,270
						7,579	Sg,SSS	77,235	51,113
	Redevelopment Grants
	)AC home for vunerable	youth					5,000	6,000	5,000
	Cityllfe Com Projects WorkReady				Course		4,695	4,895	4,695
	PCC Csvershsm childrens	worker					8,700	8,700	8,700
	Mama Kezia nursery school						9,800	9,800	9,800
	Youth Action Uganda						7,000	7,000	7.000
	Evan Fel Anglican Com						600	600	800
	Tearfund Projects CAR						66,981	66,961	46,088
	Hope into Action						6,400	6,400	6.400
	Pioneers UK Minlstriss						2,000	2,000	2,000

					Unrestricted	Funds	TOTALFUND5	TOTALFUND5
					Ongoing	Designated	2020	2019
3(sf	Charitable grants	(ag	inetltugona0:		E	E	E	E
	Redevelopment	grants		(CONTINUED)
	Oasis Zimbabwe	Tanks		Home		5,000	5,000	5,000
	CIRWC grant					5,000	5.000	5.000
	Total Redevelopment		Grants			121,356	121,356	100,483
	Total Grants				2,$20	191,021	19$,591	151,596

					Unrestricted Funds	Unrestricted Funds	Total Funds	Total Funds
3(b)	Bupport costs for charitable		activities		Ongoing	Designated 6	2020 8	2019 8
	Parish Share				153,062		153,062	153,406
	Staff costs				138,846		138,846	177,554
	Bookand coffee shop purchases				9,296		9295	31,181
	Church sclivffies				22,I}40		22,840	64,403
	Property costs				104,421	)3,947)	100,474	331,280
	Depredation				34,652		34,652	44,524
	Other expenses				1,675	19,376	21,051	5,250
					464,792	15,429	480,221	607.576
3)c)	Support costs for oPerelional Greyfrters Ministries Ltd			activities	666,497		686,497	1,100.133
	Governance costs
	Stafr casts				183,172		163,172	183,908
	Office expenses				40,293			40,262
	Operating lease psymenls				29,168		29,168	34,508
	Professional fees				6,165		5,165	6,280
	Auditor's remuneration				8,775		8,775	11,750
	Bank charges and interest				4,041	150	4,191	3,186
	Bad debts							3
					251,614	150	251,764	281,897
	TOTAL RESOURCES EXPENDED				1,41lk472	206,600	1,617,072	2,341,204

4~8cvxT
		2020	2020	2020	2019
		PCC	Greyfriars Ministries Ltd	Total	Total
			6	5
Wages and salaries		281,533	487,980	769,513	1,074,336
Social Security	costs	6,357	32,674	39,031	59,761
Pension coals		11,888	11,510	23,398	27,209
Expenses		2,240		2,240	2,015
		302,018	532,164	834,182	1,163,321
Averae number	ofemloees	18	38	54	60

YEAR ENDED 31sr DECEMBER 2020
5 T GIBLE FIXED ASSETS
	Freehold land
Consolidated	and Buildings	Equipment	Total
Cost	E	E	E
At 1Janusry 2020 Additions	2,035,000 831,628	416,113 6,381	2,451,113 838,009
Disposals At 31 December 2020	2.866,625	(38,300) 364,194	(38,300) 3,250,822
Depreciation At 1 January 2020 Charge for the year Disposals At 31 December 2020	250,800 6,600 257,400	334.886 44,387 (36,194) 343,079	585.686 5D,987 (36,194) 600,479
Net book amount at 31 December 2020	2,809,22S	41,115	2,650,343
Net book amount at 31 December 2019	1,764,200	81,227	1,865,427
PCC
Cost
At I January 2020	2,035,000	264,438	2299,438
Additions	83'l.62S		831,828
Disposals At 31 December 2020	2,868,62S	2$4,43$	3,131,066
Depreciation At 1 January 2020 Charge for the year	250,800 6,600	213,640 28,052	464,440 34,652
Disposals
At 31 December 2020	257,400	241,692	499,092
Nel book amount at 31 December 2020	2,609,228	22,748	2,631,974
Net book amount al 31 Deoember 2019	1,784,200	50,7g8	1,834,998

		ConsoSdaied	ConsoSdaied	PCC
		2020	2019	2020	2019
		E		E	E
Income Tax recoverable		50,048	32,713	50,948	32,713
Prepayments Olher debtors	and accrued Interest	14,711 9,448	38,473 11,845	10,354 28,035	15,768 6,338
		75,107	83,031	90,237	54,S'l9

8 CREDITORS - AMO	NTS FALLING DUE WITHIN ONE YEAR	NTS FALLING DUE WITHIN ONE YEAR	NTS FALLING DUE WITHIN ONE YEAR
		Consolidated		PCC
		2020	2019	2020	2019
		E	E	E	E
Accrusls		30,489	70,164	11,911	17,016
Deferred Income		275		275
Creditors for goods snd services		327,963	102,843	315,163	77,065
Other uedltors		9,166	39,054	6,668	27,504
		327,893	212,061	334,215	122,405

PROVI	SIO	NS 0 I BLITIES	AN R ES	AN R ES
			Consolidated			PCC
			2020	2019	2020		2019
			E	E
Deferred	Tax	asset	(6,365)	(5,380)
			(6,065)	(5,380)

11 FUND E AILS	11 FUND E AILS
Consolidated
UNRESTRICTED FUNDS					Ongoing	Ongoing
					Activities	activities
				Funds total	PCC	GML	TOTAL
				E			E
Balance brought	forward			3,336,931	2,039,528	343	5,376,802
Surplus/(def:dt) Gifts received	for year			1,164,985	85,627	(6,337)	79,290 1,164.985
Redevelopmenl	Gift Tithe
Interest received				15,882			15,882
Grants paid				(191,021)			(191,021)
Development costs				(15,429)			(15,429)
Admlnislra9on costs				(150)			(150)
Church activily income				4,750			4,750
Transfer in respect of Fixed Assets additions				(831,628)	831,628
General Tithe transfer				72,915	(72.915)
Balance carried	forward			3,557,235	2,883,868	(5,994)	6,435,109
PCC
UNRESTRICTED	FUNDS
		General	Redev.	Redev.		Ongoing
		Tithe	Tahe	Furid	Total	Aotlvlties	TOTAL
		E	E	E	E	E	E
Balance brought	forward	26,967	78,331	3„231,633	3,336,931	2,039,528	5,376.459
Surplus/(deficit)	for year					85,627	85,627
Gifts Received				1,164,985	1,164,985		1,164,985
Redevelopmenl	Gift Tithe		89,806	(89,806)
Interest received				15,882	15,882		15,882
Grants paid		(69,665)	(121,356)		(191.021)		(191,021)
Development costs				(15,429)	(15„429)		(15,429)
Administration costs				(150)	(150)		(150)
Church ectivity income				4,750	4,750		4,750
Transfer in respect ofFixed Asset additions				(831,628)	(831,628)	831,628
General Tithe Iransfer		72,915			72,915	(72,915)
Balance carried	forward	30,217	46,781	3,480,237	3,557,235	2,883,868	6,441,103

12 ANALYSIS	OF hiE AS ETSBETWEE
			Unrestricted	Designated
			Funds	Funds	Trtai
			6	6	6
Fund balances at	31December 2020 are represented	by.
Tangible lixed assets Current assets			2,650,343 632,495	3,557,235	2,650.343 4,189,730
Creditors: amounts	fa8lng due within one year		(367,893)		(367,893)
Creditors: amounts	faging due affar one year		(37,071)		(37,071)
			2,877,874	3,557,235	6,435,109
Fund balances at	31 December 2019were represented	by.
Tangible fixed assets			1„865,427		1.865,427
Current assets			468,711	3,336,931	3.805,642
Creditors: amounts	falling due wilhin one year		(212,061)		(212,061)
Creditors: amounts	faglng due after one year		(82,206)		(82,206)
			2,039,871	3,336,931	5,376,802

15TRA ING SUBSIDIARY	15TRA ING SUBSIDIARY	15TRA ING SUBSIDIARY
Grayfrlsrs Il/ilnlslries Limited Is a wholly owned subsidiary			of the PCC con(roged			as disclosed	above	in note 14.The company
provides day nursery facilities for children The results have been consolidated in Ihe		in the Reading PCC's Slalemenl	area snd operaled the of Financial Activities			churcNs bookshop and catering and Balance Sheet.			operegons.
						2020		2019
Summary Profit and Loss Account								6
Turnover						817,660	1,081,539
Cost of Sales						(392,379)	(724,888)
Gross Profit						225,281		356,651
Other operating income						91,168
Administrative Expenses						(324,303)	(419,546)
Operating Profit/(Loss)						(7,854)		(62,895)
Other interest rsoeivsble and similar	income					32		88
Profit/(Loss) on ordinary aclivlues before		taxation				(7,822)		(62,807)
Tax on Progt/(Loss) on ordinary activities						1,485		13.680
Profit/(Loss) for lhe period						(6,337)		(49,127)
Summary Balance Sheet
Tangible Assets						18,369		30,428
Current Assets						66,385		141,963
Current Lisblglies						(53.678)		(89,842)
Nel Curren( Assets						12,707		52,121
Provision for Liabilities						6,865		5,380
Accruals snd deferred Income						(43,935)		(87,586)
Total Representing Members Funds						(5,994)		343

					2019	2019
						6
Grani commltmsnts brought forward al 1 January 2019					8'7,566	86.645
Grant funding	received	during	Ihe year		292,018	377,385
Grant funding	released	against	spending	during Ihe year	f335,869)	(376,444)
Deferred Grant funding		carried	forward		43,935	87,686

20	Cash generated from	Cash generated from	operations	operations		2028	2019
						2	2
	Surplus for ths year					1,058,307	105,836
	Adjustments for;
	Deprecia5on and impairment			of tangible	fixed assets	50,987	69,894
	Movements ln working		capltak
	Decrease In stocks					2,469	4,650
	Decrease in debtors					7,924	6,739
	Increase In creditors					165,557	73,130
	Increase in provisions					(1,485)	(13,680)
	(Decrease)/increase	In	deferred income			(43,374)	398
	Cash generated from		operations			1,230,355	245.967