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||||||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|
##
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##
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##
##
|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|