**ST John the Evangelist, Woodley St John's Church Airfield Church (LEP)**
**Financial Statements of the Parochial Church Council**
**for the year ended 31 December 2020**
**PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY**
## **2020 Accounts Summary**
## **Introduction**
The Church Accounting Regulations require that the annual report of the Parochial Church Council (PCC) should include a section on the financial activities of the PCC, including the ways in which the activities of the parish, as described in the annual report of the PCC, have been funded. An assessment should also be given of the way in which the activities of the parish will continue to be funded and any perceived financial risks to the continuation of the parish ministry.
This report describes the financial situation of the Parish of St. John the Evangelist for the year ended 31st December 2020.
The PCC is registered as a charity with the Charity Commission with registration number 1129449.
## **Results Headlines**
## **Total Incoming Resources and Resources Used**
The consolidated accounts across all funds for 2020, excluding other recognised gains, show a total income of £109,598 with expenditure of £111,910, giving a deficit of (£2,312).
The comparable figures for 2019 are an income of £118,522 and an expenditure of £132,527, giving a deficit of (£14,005).
## **Parish General Fund**
The Parish General Fund comprises Unrestricted Funds that can be used by the PCC for ordinary purposes. In the year 2020 there was a deficit of income over expenditure of (£5,174) after transfers, from an income of £102,646 and an expenditure of £109,369, and including net transfers from Restricted funds of £1,549.
The comparable figures for 2019 are an income of £114,620 and expenditure of £120,668, giving a deficit (after net transfers) of (£3,997).
## **Restricted Funds**
The income into the Restricted Fund in 2020 was £6,952and the expenditure was £2,541 resulting in surplus of £2,862 including net transfers to the General Fund of £2,862.
The comparable figures for 2019 are an income of £3,902 and an expenditure of £11,859, giving a deficit (after net transfers) of (£10,008).
## **Total Parish Assets**
Including the value of the properties in Southlake Crescent and Caldbeck Drive the combined total assets of the parish have increased to £981,099 at the end of 2020 from £979,594 at the end of, an increase of £1,505.
1
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY**
## **Independent Examiner's report to the Parochial Church Council of St John the Evangelist, Woodley**
This report on the financial statements of the Parochial Church Council for the year ended 31 December 2020 is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (the Regulations) and section 145 of the Charities Act 2011 (the Act).
## **Respective responsibilities of the Parochial Church Council and the examiner**
As members of the Parochial Church Council you are responsible for the preparation of the financial statements, you consider that the audit requirement of the Regulations and section 144(2) of the Act does not apply. It is my responsibility to issue this report on those financial statements in accordance with the terms of the Regulations.
## **Basis of this report**
My examination was carried out in accordance with the General Directions given by the Charity Commission under section 145(5)(b) of the Act and to be found in the Church guidance, 2011 edition. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items of disclosure in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention
- 1 which gives me reasonable cause to believe that in any material respect the requirements
to keep accounting records in accordance with section 130 of the Act; and
to prepare financial statements which accord with the accounting records and comply with the requirements of the Act and the Regulations have not been met; or
2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Erica Tipton Two Hoots Bucklebury Village Berkshire RG7 6PS
1
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY**
## **Statement of Comprehensive Income**
## **For the year ended 31 December 2020**
|**Note**
**Incoming Resources**
Incoming resources from donors
2
Other voluntary incoming resources
2
Income from investments
2
Charitable and ancillary trading
2
Legacies
2
**Total incoming resources**
**Resources used**
Grants
3
Activities directly related to church work
3
Church management and administration
3
**Total resources used**
**Net outgoing/ incoming before transfer**
Gross transfers between funds -in
6
**Net outgoing/incoming before gains**
**Other recognised gains/(losses)**
8
**Net movement in funds**
**Reconciliation of funds**
Total funds brought forward
Net movement for year
Total funds carried forward|**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**total funds**
**£**
**£**
**£**
**£**
**£**
65,275
4,010
0
69,285
69,740
14,043
1,000
0
15,043
13,862
11,138
1,810
0
12,948
15,887
7,190
132
0
7,322
19,033
5,000
0
0
5,000
0|
|---|---|
||102,646
6,952
0
109,598
118,522
4,847
0
0
4,847
11,735
84,643
2,541
0
87,184
105,713
19,879
0
0
19,879
15,079|
||109,369
2,541
0
111,910
132,527
-6,723
4,411
0
-2,312
-14,005
1,549
-1,549
0
0
0|
||-5,174
2,862
0
-2,312
-14,005
0
0
3,817
3,817
8,945|
||-5,174
2,862
3,817
1,505
-5,060|
||**853,282**
**69,542**
**56,770**
979,594
984,654
-5,174
2,862
3,817
1,505
-5,060|
||848,108
72,404
60,587
981,099
979,594|
2
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Statement of Financial Position At 31 December 2020**
|Notes
**Fixed Assets**
Tangible Assets
7
Investments
8
**Current Assets**
Debtors
9
Investments
10
Cash at bank and in hand
11
**Current Liabilities**
Sundry creditors
12
**Net current assets less current liabilities**
**Total assets less current liabilities**
**Total net assets less liabilities**
**Represented by**
**Unrestricted Fund**
14/15
**Restricted Funds**
16
**Endowment Funds**
8
**Funds of the Church**|**2020**
**2019**
**£**
**£**
730,000
730,000
60,587
56,770
790,587
786,770
13,494
17,812
80,439
80,439
97,530
104,784
191,463
203,035
951
10,211
190,512
192,824
981,099
979,594
981,099
979,594
848,108
853,282
72,404
69,542
60,587
56,770
981,099
979,594|**2019**
**£**
730,000
56,770|
|---|---|---|
||||
|||979,594|
|||979,594|
|||853,282
69,542
56,770|
|||979,594|
Approved by the Parochial Church Council on March 18[th] 2021 and signed on its behalf by
Mr Tony White (Chair)
Mrs Leslie Green (Church Warden)
3
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY**
## **Statement of cash flows For the year ended 31 December 2020**
|**Cash flows from operating activities**
Net cash provided by operating activities
**Cash flows from investing activities**
Dividends
Interest
Rent received
Expenditure on investment properties
Net cash provided by investing activities
Change in cash and cash equivalents
in the reporting period
Adjustments for
Gains on investments
Dividends
Interest received
Rents from investment properties
Expenditure on investment properties
Decrease in debtors
(Decrease)/increase in creditors
**Net cash provided by operating activities**
Cash in hand
Bank balance
Bank deposit account
**Total cash and cash equivalents**
Cash and cash equivalents at the beginning
of the reporting period
Cash and cash equivalents at the end of the
reporting period
**Reconciliation of net income/(expenditure) to net cash**
**flow from operating activities**
Net expenditure/income for the reporting period (as per
the statement of comprehensive income)|**2020**
**£**
-18,308
1,700
448
10,800
-1,894
11,054
-7,254
185,223
177,969
**£**
1,505
-3,817
-1,700
-448
-10,800
1,894
4,318
-9,260
-18,308
225
97,305
80,439
177,969|**2019**
**£**
-10,504
1,650
587
13,650
-2,015|
|---|---|---|
|||13,872|
|||3,368
181,855|
|||185,223|
|||**£**
-5,060
-8,945
-1,650
-587
-13,650
2,015
10,384
6,989|
|||-10,504|
|||95
104,689
80,439|
|||185,223|
4
**PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2020 financial statements**
## **1 Accounting policies**
## **Basis of financial statements**
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the FRS102 SORP
The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include accounts of church groups that owe there main affiliation to another body, nor those that are informal gatherings of church members.
## **Fund accounting**
**Endowment funds** are funds, the capital of which must be maintained; only income arising from investments of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established.
**Restricted funds** represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of the year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.
**Unrestricted funds** are general funds which can be used by the PCC ordinary purpose.
**Designated funds** are general funds set aside by the PCC for use in the future. Project funds are designated for particular projects for administration purposes only. Designated funds remain unrestricted and the PCC will move any surplus to other general funds.
## **Airfield Church**
Because of the ecumenical nature of the Airfield Church the PCC does not have sole legal responsibility for it. Therefore it is not deemed appropriate to incorporate the Statement of Comprehensive Income and Statement of Financial Position of the Airfield Church into the main statements of the PCC. These are therefore shown separately in the notes.
## **Incoming resources**
Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.
5
**PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2020 financial statements**
## **1 Accounting policies continued**
## **Resources expended**
Grants and donations are accounted for when paid over or when awarded. If that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.
## **Fixed assets**
Consecrated and benefice property is not included in the accounts in accordance with section 10(2)a and (c) of the Charities Act 2011.
Moveable church furnishings held by the Vicar and churchwardens on specific trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church's inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsequently no individual item had cost more than £1,000 so all such expenditure has been written off when incurred.
Equipment used within the church premises is depreciated on a straight line basis over four years. Individual items of equipment costing less than £3,000 are written off when the asset is acquired.
Investments are valued at market value at 31 December.
## **Pensions**
A defined contribution pension scheme is operated, contributions are charged to the statement of comprehensive income as they become payable.
6
**PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2020 financial statements**
## **1 Accounting policies continued**
## **Church Workers Pension Fund (CWPF) FRS102 Wording - December 2020 Year End**
St John the Evangelist participates in the Pension Builder Scheme section of CWPF for lay staff. The Scheme is administered by the Church of England Pensions Board, which holds the assets of the schemes separately from those of the Employer and the other participating employers.
The Church Workers Pension Fund has a section known as the Defined Benefits Scheme, a deferred annuity section known as Pension Builder Classic and a cash balance section known as Pension Builder 2014.
## **Pension Builder Scheme**
The Pension Builder Scheme of the Church Workers Pension Fund is made up of two sections, Pension Builder Classic and Pension Builder 2014, both of which are classed as defined benefit schemes.
Pension Builder Classic provides a pension for members for payment from retirement, accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from time to time. Bonuses may also be declared, depending upon the investment returns and other factors.
Pension Builder 2014 is a cash balance scheme that provides a lump sum that members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. This account may have bonuses added by the Board before retirement. The bonuses depend on investment experience and other factors. There is no requirement for the Board to grant any bonuses. The account, plus any bonuses declared, is payable from members’ Normal Pension Age.
There is no sub-division of assets between employers in each section of the Pension Builder Scheme.
The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and means that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the SoFA in the year are the contributions payable (2020: £503, 2019: £635).
A valuation of the Pension Builder Scheme is carried out once every three years. The most recent was carried out as at 31 December 2016. A valuation as at 31 December 2019 was under way as at 31 December 2020.
For the Pension Builder Classic section, the valuation revealed a deficit of £14.2m on the ongoing assumptions used. At the most recent annual review, the Board chose not to grant a discretionary bonus, which will have acted to improve the funding position. There is no requirement for deficit payments at the current time.
For the Pension Builder 2014 section, the valuation revealed a surplus of £1.8m on the ongoing assumptions used. There is no requirement for deficit payments at the current time.
The legal structure of the scheme is such that if another employer fails, St John the Evangelist could become responsible for paying a share of that employer’s pension liabilities.
6
**PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2020 Financial Statements**
## **2 Incoming resources**
|**Incoming resources**||||||
|---|---|---|---|---|---|
|||**2020**|||**2019**|
||**Unrestricted**|**Restricted**|**Endowment**||**Total**|
||**funds**|**funds**|**funds**|**Total funds**|**Funds**|
||**£**|**£**|**£**|**£**|**£**|
|**Incoming resources from donors**||||||
|Planned giving SO- Gift aid|13,411|0|0|13,411|16,006|
|Planned giving env -Gift Aid|7,098|0|0|7,098|14,617|
|Parish giving scheme|20,579|0|0|20,579|4,335|
|GAYE/CAF|2,549|0|0|2,549|2,731|
|Stripe|1,398|0|0|1,398|0|
|Planned giving SO - non Gift aid|612|0|0|612|797|
|Planned Giving env - non Gift Aid|925|0|0|925|1,099|
|One off Gift Aid gifts|11,660|4,000|0|15,660|12,351|
|One off non Gift Aid gifts|1,646|10|0|1,656|2,300|
|Plate|2,562|0|0|2,562|12,552|
|Sundry donations|2,835|0|0|2,835|2,952|
||65,275|4,010|0|69,285|69,740|
|**Other voluntary incoming resources**||||||
|Appeals - Gift Aid|0|0|0|0|0|
|Appeals - non Gift Aid|0|0|0|0|0|
|Grant|0|0|0|0|0|
|Tax recovered on Gift Aid|14,043|1,000|0|15,043|13,862|
||14,043|1,000|0|15,043|13,862|
|**Income from investments**||||||
|Interest|338|110|0|448|587|
|Dividends|0|1,700|0|1,700|1,650|
|Rent - Caldbeck Drive|0|0|0|0|2,850|
|Rent - Southlake Crescent|10,800|0|0|10,800|10,800|
||11,138|1,810|0|12,948|15,887|
|**Income from charitable and ancillary**|**trading**|||||
|Fees - baptism|60|0|0|60|372|
|Fees - wedding|845|0|0|845|2,028|
|Fees - funeral|2,156|0|0|2,156|3,884|
|Hall lettings|4,129|0|0|4,129|12,119|
|Ladies group|0|132|0|132|630|
||7,190|132|0|7,322|19,033|
|**Income from non charitable trading**||||||
|Legacies|5,000|0|0|5,000|0|
||5,000|0|0|5,000|0|
|**Total Incoming Resources**|102,646|6,952|0|109,598|118,522|
7
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2020 Financial Statements**
## **3 Resources used**
|**Grants**
Overseas mission
Home missions
Secular charities
**Activities directly related to church work**
Parish share
Vicar's working expenses
Visiting clergy/speakers
Fund raising
Youth group
Education materials
Parish training
Church maintenance
Church cleaning
Church insurance
Upkeep of services
Upkeep of churchyard
Church heat, light, water
Hall maintenance
Hall cleaning
Hall insurance
Hall heat, light, water
Flowers, Ladies, Contact
8 Caldbeck Drive
49 Southlake Crescent
Major repairs - Church
**Church management and administration**
Office supplies and sundry expenditure
Telephone and broadband
Computer and software
Governance costs
Salaries
Bank charges
**Total outgoing resources**|**2019**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds Total funds**
**£**
**£**
**£**
**£**
**£**
4,680
0
0
4,680
4,790
0
0
0
0
4,646
167
0
0
167
2,299
**2020**|
|---|---|
||4,847
0
0
4,847
11,735
63,509
0
0
63,509
61,679
513
0
0
513
2,463
244
0
0
244
957
0
0
0
0
64
0
1,100
0
1,100
15
0
0
0
0
800
0
0
0
0
103
1,159
0
0
1,159
854
1,580
0
0
1,580
1,304
3,885
0
0
3,885
3,811
1,331
0
0
1,331
1,893
870
0
0
870
536
2,800
0
0
2,800
2,355
1,771
850
0
2,621
14,805
840
0
0
840
2,311
2,497
0
0
2,497
2,475
1,750
0
0
1,750
4,878
0
591
0
591
1,134
1,520
0
0
1,520
1,654
374
0
0
374
361
0
0
0
0
1,261|
||84,643
2,541
0
87,184
105,713
1,413
0
0
1,413
1,157
1,487
0
0
1,487
1,343
831
0
0
831
208
742
0
0
742
940
15,296
0
0
15,296
11,371
110
0
0
110
60|
||19,879
0
0
19,879
15,079|
||109,369
2,541
0
111,910
132,527|
The parish share payable by St Johns Church for 2020 was £66,970 (2019 £64,895). This was reduced by a rebate of £2,029 and a contingency return of £1,432 for 2020 (2019 the rebate was £1,966 and the contingency return was £1,250), resulting in a net share per accounts of £63,509 (2019 £61,679)
8
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2020 financial statements**
## **4 Staff Costs**
|**Staff Costs**|||
|---|---|---|
|Administrator
Digital Manager
Youth Worker
Pension contributions
Church cleaner
Hall cleaner|**2020**
**£**
11,692
2,928
1,100
503
1,627
761
18,611|**2019**
**£**
10,758
0
0
635
1,281
1,883|
|||14,557|
During the year the PCC employed an administrator digital manager and youth worker for St Johns Church and a cleaner for St Johns Centre plus the Vestry. The staff costs above are included under salaries and that of the cleaner which is included under hall and church cleaning costs. Members of the PCC received reimbursement of expenses incurred on behalf of the Church. No member received reimbursements totalling more than £1,000. There were no other discloseable transactions in respect of PCC members , closely connected with them or other related parties.
## **5 Independent examiner's remuneration**
The independent examiner has waived her fees for the examination of these financial statements.
## **6 Transfer between funds**
|Mission
Dais Fund
Flower Fund
Contact Centre
Property fund- Houses
Bible fund
Heating fund
Palmer Endowment
Trebble Endowment|**Restricted**
**funds**
**Restricted**
**funds**
**General**
**Designated**
**General**
**Designated**
**£**
**£**
**£**
**£**
**£**
**£**
-6,244
6,244
0
-10,818
10,856
-38
29
0
-29
36
0
-36
-180
0
180
-123
0
123
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
250
0
-250
0
0
0
200
0
-200
470
0
-470
456
0
-456
1,230
0
-1,230
1,194
0
-1,194
**Unrestricted funds**
**2020**
**2019**
**Unrestricted funds**|
|---|---|
||-4,695
6,244
-1,549
-8,805
10,856
-2,051|
9
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY**
## **Notes to the 2020 financial statements**
## **7 Fixed assets - tangible assets**
|Actual /deemed cost
at 1 January 2020
Revaluation
Disposals
At 31 December 2020
Depreciation
At 1 January 2020
Provision for year
on disposals
At 31 December 2020
Net book value
At 31 December 2020
At 31 December 2019|Freehold
land &
buildings
Plant &
machinery
Fixture
fittings &
equipment
Total
730,000
0
0
730,000
0
0
0
0
0
0
0
0|
|---|---|
||730,000
0
0
730,000|
||0
0
0
0
0
0
0
0
0
0
0
0|
||0
0
0
0|
||730,000
0
0
730,000|
||730,000
0
0
730,000|
Fixture, fittings and equipment includes items gifted to the PCC at their estimated value at the date of the gift.
All assets, except land and buildings, purchased prior to 1993 have been deemed to have no current value and have not, therefore been included within tangible fixed assets.
In order to conform with FRS102 SORP the freehold land and buildings have been subjected to an intrim revaluation. The Church has not been included (in accordance with The Charities Act 2011 Section 10(2) sub-section(c) as it is a consecrated building and the Church Centre has not been included because of its age and lack of ownership. The value at which the property is included above and the current insurance values are:
|8 Caldbeck Drive
49 Southlake Crescent
St Johns Church Centre
St Johns Church|**Current**
**Value**
**£**
375,000
355,000
730,000|**Insurance**
**Value**
**£**
265,989
274,629
2,800,000
11,200,000|
|---|---|---|
|||14,540,618|
10
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2020 financial statements**
## **8 Fixed assets- investments**
The investment assets of the Parochial church Council consist of two endowments invested in income shares in the CBF Church of England Investment Fund. The capital is perpetual, which means it cannot be spent
||||Previous||||
|---|---|---|---|---|---|---|
|||Opening|years||Unrealised|Value at|
||Number|capital|unrealised|Value at|Gain Current|
31/12/2020|
||of shares|(perpetual)|Gains|01/01/2020|Year|(perpetual)|
|Palmer Charity|818|669|15,011|15,680|1,078|16,758|
|Trebble Bequest|2,143|22,719|18,371|41,090|2,739|43,829|
|||23,388|33,382|56,770|3,817|60,587|
## **9 Current assets - Debtors**
|Income tax recoverable
Other
**10 Current assets - investments**
CBF C of E Deposit Fund|**2020**
**£**
10,032
3,462
13,494
**2020**
**£**
80,439|**2019**
**£**
12,744
5,068|
|---|---|---|
|||17,812|
|||**2019**
**£**
80,439|
The Central Board of Finance (CBF) Church of England Deposit Fund has earned an average interest rate of 0.4% throughout 2020. The interest has been held in the General Fund in the appropriate restricted and designated funds and has been allocated on a pro rata basis. The funds held throughout 2020 have remained unchanged and are:
|Church Centre
Dais Fund
Legacies|**£**
15,000
5,000
60,439|
|---|---|
||80,439|
11
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2020 financial statements**
## **11 Current Assets - Cash**
|**Cash at bank and in hand**
**St Johns**
CAF Bank Account
NatWest
Cash in Hand
Youth club cash in hand
**Ladies Group**
Bank Account
Cash in Hand
Total Cash at bank and in hand|**2020**
**£**
79,910
17,215
65
50
97,240
180
110
290
97,530|**2019**
**£**
88,455
15,703
16
50|
|---|---|---|
|||104,224
531
29|
|||560|
|||104,784|
**12 Liabilites: amounts falling due within one year**
|Agency collections
Other creditors|**2020**
**£**
687
264
951|**2019**
**£**
824
9,387|
|---|---|---|
|||10,211|
12
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY**
## **Notes to the 2020 financial statements**
## **13 Analysis of net assets by fund**
## **2020**
|**Analysis of net assets by fund**
**2020**||
|---|---|
|Fixed Asset Property
Fixed Assets Investment
Debtors
Deposit Account
Cash at Bank and in Hand
Sundry Creditors|**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**Funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**£**
**£**
**£**
0
730,000
0
0
730,000
0
0
0
60,587
60,587
12,494
1,000
0
13,494
0
60,439
20,000
0
80,439
-1,759
47,885
51,404
0
97,530
-951
0
0
0
-951|
||9,784
838,324
72,404
60,587
981,099|
## **2019**
|Fixed Asset Property
Fixed Assets Investment
Debtors
Deposit Account
Cash at Bank and in Hand
Sundry Creditors|**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**Funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**£**
**£**
**£**
0
730,000
0
0
730,000
0
0
0
56,770
56,770
17,735
0
77
0
17,812
0
60,439
20,000
0
80,439
15,214
40,105
49,465
0
104,784
-7,688
-2,523
0
0
-10,211|
|---|---|
||25,261
828,021
69,542
56,770
979,594|
## **14 Unrestricted funds**
Unrestricted funds represent assets available to be used at the discretion of the Parochial Church Council for furthering the mission and vision of the Church.
St Johns Church Main Fund
|Fixed assets
Deposit account
Bank and Cash Balance
Net Current Assets
General Funds
Designated Funds|**2020**
**£**
730,000
60,439
46,126
11,543
848,108
9,784
838,324
848,108|**2019**
**£**
730,000
60,439
55,319
7,524|
|---|---|---|
|||853,282|
|||25,261
828,021|
|||853,282|
14
**15 Designated funds**
|Legacies
Mission
Properties fund
Properties fund - Houses|Balance at
01/01/2020
Income
resources
Outgoing
resources
Transfers
Balance at
31/12/2020
£
£
£
£
£
60,729
0
0
0
60,729
10,016
0
-4,847
6,244
11,413
730,000
0
0
0
730,000
27,276
10,800
-1,894
0
36,182|
|---|---|
||828,021
10,800
-6,741
6,244
838,324|
The Mission fund arises from the tithe on general giving and enables a commitment to provide regular support to four missions partners. Any surplus is distributed on a discretionary basis.
14
**PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2020 financial statements**
## **16 Restricted funds**
Restricted funds represents assets given to the Parochial Church Council for a particular purpose and the funds cannot, and must not, except by the specific legal criteria, be used for any other purpose. The Parochial Church Council has several restricted funds, the movement over the past year ere:
|Church Buildings
Church Centre
Pamela Francis Ingram Legacy
Chair Fund
Dais Fund
Flower Fund
Ladies Group
Reorder
Silverware
Palmer Endowment Fund
Trebble Endowment Fund|Balance at
01/01/2020
Incoming
resources
Outgoing
resources
Transfers
Balance at
31/12/2020
£
£
£
£
£
2,546
0
0
0
2,546
33,887
81
-850
0
33,118
13,523
0
-1,100
0
12,423
123
0
0
0
123
5,037
29
0
-29
5,037
0
10
-190
180
0
560
132
-401
0
291
13,136
5,000
0
0
18,136
730
0
0
0
730
0
470
0
-470
0
0
1,230
0
-1,230
0|
|---|---|
||69,542
6,952
-2,541
-1,549
72,404|
.
## **17 Endowment funds**
The Parochial Church Council has two endowment funds:
The Woodley Charity of Susanna Caroline Palmer - this is a permanent endowment which requires the income to be spent on maintaining the parish church;
The Mrs M Trebble Bequest - this is a permanent endowment, received in October 1998, which requires the income to be used for the repair, preservation and maintenance of the parish church and its fittings and monuments.
|Dividend income
Palmer Charity
Trebble Bequest|2020
£
470
1,230
1,700|2019
£
456
1,194|
|---|---|---|
|||1,650|
The capital values of the endowments are shown in note 8 and the dividends received are held in the restricted Palmer Endowment Fund and the Trebble Endowment Fund respectively
15
## **WOODLEY AIRFIELD CHURCH YEAR ENDED 31 AUGUST 2020**
|**Incoming Resources**
Offerings and tax recovered
Interest Received
**Total incoming Resources**
**Resources Used**
**Ministry**
Circuit
Donations
Utilities
Other payments
Total payments
Net Payments
Total funds brought forward
Funds at end of year
**STATEMENT OF FINANCIAL POSITION**
Cash at Bank
HSBC
CFB
Liabilities
Net assets|£
£
£
£
7,884
9,472
42
73
7,926
9,545
6,526
7,033
1,251
5,290
361
407
987
547
9,125
13,277
-1,199
-3,732
11,215
14,947
10,016
11,215
**2020**
**2019**
**£**
**£**
2,443
8,927
7,573
2,288
10,016
11,215
0
0
10,016
11,215
**2020**
**2019**|£
£
£
£
7,884
9,472
42
73
7,926
9,545
6,526
7,033
1,251
5,290
361
407
987
547
9,125
13,277
-1,199
-3,732
11,215
14,947
10,016
11,215
**2020**
**2019**
**£**
**£**
2,443
8,927
7,573
2,288
10,016
11,215
0
0
10,016
11,215
**2020**
**2019**|
|---|---|---|
||||
|||-3,732
14,947|
|||11,215|
|||**2019**
**£**
8,927
2,288|
|||11,215
0|
|||11,215|
16