2020-12-31-accounts

DECEMBER 20	20
					Total	Total
			Unrestricted	Restricted	funds	funds
		Note	funds	funds	2020	2019
Income
Voluntary income		1a	306,815	14,852	321,667	380,393
Income from
investments		1b	351		351	490
Income from
church activities		1c	337		337	1,483
Other income		1d	13,447		13,447	0
Total income			320,950	14,852	335,802	382,366
Expenditure
Church activities		2a	290,858	8,277	299,135	384,185
Raising funds		2b	0		0	72
Total expenditure			290,858	8,277	299,135	384,257
Net income before investment
(loss) gain			30,092	6„575	36,667	(1,891)
Net gain on
investments
- unrealised			279		279	641
Net movement	in
funds			30,371	6,575	35,946	(1,250)
Total funds brought
forward
at 1 January 2020			97,798	12,541	110,339	111,589
Total funds carried
forward at
31December 2020			128,169	19,116	147285	110,339

2020
			Note	2020	2020	2019	2019
Fixed assets
Tangible assets			6a		0		0
Investments			6b		4,343		4,064
					4,343		4,064
Current assets
Debtors			7	17072		22,067
Short term deposits				107,201		76,979
Cash at bank and	in	hand		25,001		30,308
				149,274		129,354
Liabilities: amounts		falling
due within one year
				6,332		23,079
Net current assets					142,942		106,275
Net assets					147,285		110,339
Parish funds:
Unrestricted;
General			9a		92,734		60,951
Designated			9b		35,435		36,847
					128,169		97,798
Restricted			10		19,116		12,541
					147,285		110,339

DECEMBER 2	0	20
					Total	Total
			Unrestricted	Restricted	funds	funds
			funds	funds	2020	2019
Income
1a)Voluntary	income
Planned giving
Under gift aid			202,816		202,816	206,284
Not under gift	aid		29,893		29,893	17,858
Tax recoverable			46,965		46,965	50,437
Loose cash offerings at services			2,695		2,695	8,434
Mission gift days		and special
offerings				1,507	1,507	13,307
Other donations		and sundry
income			19,446	12,121	31,567	25,044
Legacy			5,000		5,000	38,527
Grant from London Diocese						15,000
Income ofchurch organisations				1,224	1,224	5,502
			306,815	14,852	321,667	380,393
1b)Income from investments
Interest			229		229	372
Dividends			122		122	118
			351		351	490
1c)Income from church
activities
Fees			337		337	1,483
1d)Other income
HMRC furlough		repayments	13,447		13447
Total income			320,950	14,852	335,802	382,366

DECEMBER2020
							Total	Total
				Unrestricted	Restricted		funds	funds
Expenditure				funds	funds		2020	2019
2a) Church activities
Mission causes, charities		and	Christian
workers				41,831	2,401		44,232	49,469
Compassion and discretionary			fund
grants				518	2,100		2,618	1,510
Bursary grants						500	500	0
Foodbank					1,616		1,616	0
Diocesan parish share				86,500			86,500	82,800
Associate minister				29,671			29,671	29,089
Ministry experience	intern			4,894			4,894	10,143
Children and families worker				14,358			14,358	14,076
Youth and worship	intern	- costs		0			0	1,536
Vicar's working expenses				1,052			1,052	1,693
Accommodation costs				2,794			2,794	1,888
Church running expenses				7,123			7,123	10,402
Church repairs and	maintenance			6,359			6,359	8,118
Church and hall major repair works				15,955			15,955	98,914
Services, events and outreach				5,268			5,268	8,130
Expenditure ofchurch organisations					1,210		1,210	5,250
Youth work				2,278		450	2,728	2,478
School governors				2,500			2,500	2,500
Training				130			130	3,130
Parish administrators				38,789			38,789	22,477
Employers national	insurance		and
pensions				4,923			4,923	3,716
Premises manager				12,424			12,424	13,528
Office administration				4,008			4,008	4,299
Equipment replacement		and
maintenance				312			312	1,098
ITcosts				7,836			7,836	5,713
Recruitment costs				0			0	715
Miscellaneous				735			735	913
Governance cost:
Independent examiner's		fee		600			600	600
				290,858	8,277		299135	384,185
2b) Raising funds
Stewardship costs							0	72
Total resources expended				290,858	8,277		299,135	384,257

								Ministry	Support	Total	Total	Total
								costs	costs	2020	2019
Mission causes,	charities		and Christian			workers		48,966		48,966		50,979
Diocesan parish	share							86,500		86,500		82,800
Staff costs								95,362	9,697	105,059		95,280
Clergy expenses	and training							1,182		1,182		4,823
Accommodation	costs							2,794		2,794		1,888
Church running expenses								7,123		7,123		10,402
Church repairs and maintenance								6,359		6,359		8,118
Church and hall	major works							15,955		15,955		98,914
Services, events	and outreach							5,268		5,268		8,130
Expenditure ofchurch organisations								1,210		1,210		5,250
Youth work								2,728		2,728		2,478
School governors								2,500		2,500		2,500
Office administration and			sundry costs					3,741	1,002	4,743		5,284
Equipment replacement			and
maintenance								234	78	312		1,098
ITcosts								5,877	1,959	7,836		5,713
Governance cost:
Independent examiner's
fee									600	600		600
								285,799	13,336	299,135	384257
4.Grants										2020	2019
Grants from unrestricted		and		restricted	funds		in excess of52,000were:
Christians Against	Poverty									2,891
Delft, South Africa	/ McMinns			family						6,022	6,190
Johns family										18,215	18,139
Message Trust/Sole										3,182	3,703
Mission Aviation Fellowship				/ Woodington		family				5,858	5,416
Scott family										3,704	4,130
Together in Barnet										2,200
Tear Fund											5,975
5.Staff
costs
Wages, salaries and fees										100,136	89,313
Social security costs										3,126	2,587
Pension costs										1,797	1,129
										105,059	93,029

6a) Tangible a	ssets	ssets	ssets	ssets
Cost; 1 January	2020 and 31 December 2020						10,996
Depreciation:	1 January		2020 and 31 December		2020		10,996
						31 December
Net book value:						2020
						31 December
						2019
6b) Investments
212 shares in	CBFChurch ofEngland			Investment	Fund	at market value
- historical cost 6106.
							2020	2019
7.Debtors
Tax recoverable							12,062	17,061
Other debtors							1,780		672
Prepayments							3,230	4	334
							17,072	22	067
8.Liabilities: amounts			falling due within one year
Accruals and deferred		income					1,613	1,838
Loan - London	Diocese						0	15,000
Other creditors							4719	6	241
							6,332	23,079

9a)General fund	9a)General fund
Balance at1 January 2020				60,951
Net movement	in unrestricted		funds for the year	30,371
				91,322
Transfer from	designated	funds (net)		1,412
Balance at 31	December	2020		92,734

Transfer	from	designated	funds (net)
Balance	at 31	December	2020

				At 01/01/20	Incoming	Resources	At 31/12/20
					transfers	expended
Building	repair fund -		for major works	24,448	10,000	(15,955)	18,493
Vicarage	interior decorations			2,994	1,500	(457)	4,037
Mission	fund			2,636	2,500	(5,000)	136
Evangelism		/ outreach	fund	2,000			2,000
Bursary				2,269			2,269
ITupgrade				2,500	1,000		3,500
Legacy					5000		5000
				36,847	20,000	21„412	35435