2020-12-31-accounts

REGISTERED CHARITY NUMBER: 1129632

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2020 for

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Bennewith 2018 Limited
t/a A J Bennewith & Co

3 Wey Court
Mary Road
Guildford
Surrey
GU1 4QU

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Contents of the Financial Statements for the Year Ended 31 December 2020

	Page
Report of the Trustees	1 to 9
Independent Examiner's Report	10
Statement of Financial Activities	11
Balance Sheet	12
Notes to the Financial Statements	13 to 25
Detailed Statement of Financial Activities	26 to 28

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Report of the Trustees

for the Year Ended 31 December 2020

Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31December2020. The
trusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableinthe UK
and Republic of Ireland (FRS 102) (effective 1 January 2015).

The PCC met six times during the year as usual in January, March, May, July, September and November.

OBJECTIVES AND ACTIVITIES

Aims and purposes

StJohn'sParochialChurchCouncil(PCC)hastheresponsibilityofco-operatingwiththeincumbent,theRev'd James
Rattue,inpromotingthewholemissionoftheChurch,pastoral,evangelistic,socialandecumenical,inthe ecclesiastical
parishofFarncombe.ItalsohasresponsibilityforthemaintenanceandupkeepoftheChurchandChurchRoomof St
John's.

Objectives and activities

OurparishMissionStatementis"OpentoGod;OpentoAll;OpenforYou".Wetrytodeliverthisthroughthe following
activities:

- Regular services providing opportunities for communal worship, prayer and education about the Christian faith.

- Pastoral care for people living in the parish.

- Supporting mission and outreach work in the local area and around the world.

The maintenance of St Johns Church and Churchyard is required to facilitate this work.

Social investments

The PCC has consideredthe Charity'sCommission'sguidanceon publicbenefit,and believesthatthe charityhas complied
with the regulations through the furtherance of its charitable aims and objectives.

Page 1

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

for the Year Ended 31 December 2020

Report of the Trustees

ACHIEVEMENT AND PERFORMANCE

Summary

Our usual activitieswere impactedby the Coronaviruspandemicand the measures in place to slow the spread of the  virus.
ServicesmovedonlinefromtheannouncementofthefirstUKlockdowninMarchandwehavecontinuedthisform of
worshipduringtheyear.WewereabletorestartsomeservicesintheChurchbuildingovertheSummeras restrictions
easedandthesehavecontinuedasrestrictionsallow.WeheldspecialservicesoverChristmasandwerepleased to
welcome a number of people from outside the regular congregation.

Ourcommunityactivitieshavebeenseverelyimpacted,withmostgroupsandeventssuchastheSpringFairand Village
Showcancelled,howeverourPastoralSupportteamhasbeenabletovisitsomemorevulnerableparishionersand some
groups have switched to online or socially-distanced outdoor meetings.

Formuchoftheyear,wewereunabletohostthemanylocalgroupsandorganisationsthatusethebuilding. However,
from Septemberonwards,some groupswere able to return,subjectto the local restrictionsin force and the agreement of
measurestokeeptheactivities"Covid-secure".ThisallowedSlimmingWorldtoholdmeetings,theABRSMtorun music
exams and the Tilford Bach Society and Guildford Jazz Club to present concerts.

AspartoftheChurchofEngland'sactiontobecomecarbonneutralby2030,wehavecompletedourfirst assessment
usingtheEnergyFootprintTool.Thiswillbeayearlyactivitytoidentifytheareaswherewecanincreaseour efficiency
andreduceouremissions.We havebeguntheinstallationofLEDlightingintheChurchwhichwillhelpusimprove. We
are also working towards Eco Church certification.

Public Worship

Our pattern of regular services up to 19th March was as follows:

Sunday
	-	8:00am Said Eucharist
	-	10:00am Family Service (1st Sunday), Sung Eucharist (other Sundays)
	-	5:00pm Sunday Sing (2nd Sunday)
	-	6:30pm Sung Eucharist (1st Sunday), Taize/Take Time (3rd Sunday)
Monday
	-	7:00pm Prayers for Farncombe (2nd Monday)
Tuesday
	-	10:30am Said Eucharist

Morning and evening prayer are said every day except Thursdays.

Take Time is a reflective form of service based on Ignatian meditation.

Sunday Sing is an informal service of hymns and reflections.

Prayers for Farncombe is an ecumenical prayer group that meets monthly to pray for the village and its residents.

Subsequently, our pattern of services has been as follows, subject to local restrictions:

- 8:00am Said Eucharist
- 10:30am Said Eucharist

Morning and evening prayer are said every day except Thursdays.

Aweeklyaudioservice,streamedfromourwebsite,ispublishedonSaturday.Whennopublicservicescanbeheld in
Church, a service is recorded by the Rector and published on YouTube.

Page 2

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Report of the Trustees
for the Year Ended 31 December 2020

ACHIEVEMENT AND PERFORMANCE

Attendance at the 10:30am Sunday service is typically between 30 to 40 people (adults and children).

Special Services

We welcomed childrenfrom FarncombeInfantsSchoolfor services at Harvest and Christmas.We also receive visitors from
outside our regular congregation for our Christmas services.

Services for Children

Messy Church

We held Messy Churchservices in Januaryand March,onlinechallengesover the Summer and an onlineMessy  Christingle
serviceinDecember.Typicalattendanceatthephysicalserviceswasabout60peoplewithbetween20and30 children.
WehaveconnectionswithmanyofthefamilieswhoattendthroughourToddlerGrouporthroughourlinks with
Farncombe Infant School however some families who attend do not have any prior links with St John's.

Roman Catholic Services

Our friends from St Edmund's Church have continued to run a weekly Roman Catholic Mass on Sundays at 9:00am.

Pastoral Care

Atthe2020AnnualParishChurchMeetinginOctober,therewere97peopleontheElectoralRoll.Duringtheyear, 3
baptisms,1 weddingand14 funeralswere conductedat St John'sor by the clergyat the crematorium.Supportis offered
to the families involved with these services.

Thechurchbuildingisleftopenforafewhourseachdayforprivateprayertoofferaspaceforanyonewhowould like
spacetoprayorjustsit.Votivecandlesareavailableforpeoplewhowishtousethem.ThePCCconsiderthatit is
important that the church is open and accessible as much as possible.

The following activities have been suspended since March.  We hope to resume them as and when conditions allow:

Take Time
After School Club
Quiet Days
Spring Fair
Village Show
WOWZA!
Discussion Groups
Men's Breakfast
Monday Group
Spring Fair
Toddler Group
Village Show
Hearing Champions
Kettle's On
Coffee Mornings

Page 3

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Report of the Trustees
for the Year Ended 31 December 2020

ACHIEVEMENT AND PERFORMANCE Mission and Outreach

Discipleship

Bible Reading Fellowship

WeofferBible-readingnotesforindividualusethroughtheBibleReadingFellowshipscheme.Wehave10 members
reading 3 different books.

Stewardship

Our Stewardshipactivityin 2020 centredon the launchof the ParishGivingScheme, whichis now open for peopleto use.
This offers the facility to make donations via Direct Debit and makes Gift Aid claims on our behalf.

Fellowship

Mother's Union

TheFarncombeandGodalmingMother'sUnionBranchhasbeenabletomeetonlineand,acoupleoftimes, outdoors.
Branchmembers have continuedto supportprojectsin the area by collectingitems for emergencytoiletrybags for  people
admittedtotheRoyalSurreyCountyHospitalandprovidingcraftmaterialstoSendandFelthamPrisonsfortheuse of
craft clubs for the women held there.

Links with Other Churches

Diocese of Guildford

StJohn'sisaParishoftheDioceseofGuildfordandusestheservicestheyprovide,includingtheDiocesan Advisory
Committee(foradviceandguidanceonworktothechurchbuildings)andSafeguardingteam.Wehavealso been
followingthecoronavirusguidancetheyhavepublishedandpromotedtheirTransformingGenerositypodcast series
during October.

Deanery Synod

Representativesfrom St John's, both Clergy and Lay, meet regularlywith member of other Anglicanchurchesin the area at
the Deanery Synod to discussion issues of local concern and share news from around the Deanery and Diocese.

Churches Together in Godalming and District (CTiGD)

St John's actively supports CTiGD both financially and through volunteering at events.

Trinity Trust Team

St John's is one of the churchpartnersof the TrinityTrust Team (TTT), a local charityengagedin Christianyouthwork with
youngpeopleaged7 to 18 in the FarncombeandGodalmingarea.Theirworkin Farncombeincludessupporting students
atBroadwaterSchoolandrunningaStreetTeamtomeetandengagewithyoungpeople.WesupportTTTthrough the
provision of a house for the Director and donations to fund their work.

WhilsttheworkofTTThasbeenimpactedbythepandemic,theyhavebeenabletomovesomeservicesonline and
maintain a presence to the young people with whom they work.

Page 4

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Report of the Trustees for the Year Ended 31 December 2020

ACHIEVEMENT AND PERFORMANCE

Farncombe Infants School

WehavestronglinkswithFarncombeInfantsSchoolasitwasformerlytheChurchSchool.Weappointthree School
Governors(theRectorandtwoFoundationGovernors)andtheRectorattendstheschooltotakeassembliesduring the
year.TheschoolholdtheirEaster,HarvestandNativityservicesatthechurchandpupilsalsovisitthechurchaspart of
theirstudies.TheLeaver'sServiceintheSummerisheldatStJohn's;pupilsleavingtheschoolarepresentedwith a
children'sBible.TheschoolchoirperformatourFamilyServicesforMotheringSundayandHarvestFestival.Our After
School Club at the school was able to run during the Spring term, and was then suspended.

Godalming Junior School

Our Curate took one assembly in January.

Loseley Fields School

Children from the school visit St John's as part of their studies.

Community Activities

Farncombe Villager

TheFarncombeVillagerisourParishmagazineandispublishedfivetimesduringtheyear.Itisdistributedaround the
Parishviavariousoutlets,includingthelocalshopsandmedicalcentres.Themagazineisfree-of-charge. Regular
contributorsincludeFarncombeInfantsSchool,BroadwaterSchoolandtheMother'sUnion.Localbusinessespay for
advertisements and also contribute articles to the magazine.

Outward Giving

Eachyear,StJohn'sdonates10%ofthemoneyraisedthroughitsPlannedGivingschemetosupportprojects locally,
nationallyandinternationally.We dothisinthanksgivingforthesupportthatwe receiveandtosupporttheworkof the
worldwide church of which we are a part.

For2020,thePCCdecidedthatwewoulddistribute5%ofthemoneyraisedthroughthePlannedGivingScheme. This
distributionwillhappeninearly2021.Donationswillbesenttothefollowingorganizations:USPG,BibleSociety, MU
LiteracyProject,ChurchHousingTrust,ChurchArmy,MissiontoSeafarers,NazarethWay(alocalcharity supporting
chaplaincyworkat Sendprison),WarehouseChristianTrust(a localcharitywhichrunsthe Cellarcoffeebarin Godalming
and the Skillway workshop).

Our Messy Christingleservices held in Januaryand December raised donationsfor The Children'sSociety.The collection of
tinned goods made at our Harvest service was donated to the Godalming Community Store.

Church and Churchyard

The Churchand ChurchRoom are made availablefor hire and were used by a varietyof groupsduringthe year, subject to
the local restrictions and safety procedures.

TheQuietGardeninthechurchyardisusedbymanypeoplecomingtothevillagecentre.Volunteershavebeenable to
continue meeting monthly for Working Parties. Funds for this work are raised through sales of the Farncombe Calendar.

Volunteers

The PCC thanks everyone who supports the work at St John's, particularly in this challenging year.

Page 5

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Report of the Trustees for the Year Ended 31 December 2020

FINANCIAL REVIEW

Summary

The PCC are most gratefulfor the supportof parishionersover the past year, which has reduced the financialimpact of  the
pandemic.PlannedGivinganddonationshaveremainedsteadyand,whilstwehavelostincomefromeventsand hiring
thebuilding,wehavealsoincurredlowercosts.Wehaveused£9,000fromourunrestrictedlegacyfundstotop-up or
monthly Parish Share contributions, ensuring that the Diocese received the full amount by year end.

OurOfficeManagerwasplacedonfurloughinJuneandhasbeenonflexi-furloughsinceSeptember(workingpartof her
hoursandonfurloughfortheremainingtime).In total,we havereceiveda grantof £2,375.89fromtheCoronavirus Job
RetentionScheme(fortheperiodJunetoDecember2020).TheRectorandChurchwardenskeepthesituation under
reviewandwillincreasethe hoursthatourOfficeManagerworksas required.We intendto continueclaimingunder the
Job Retention Scheme in 2021.

Income

Ourincomewasdown17%from2019howeverthiswasprimarilyduetolossofincomefromhiringtheChurch and
Church Room.  We received more income from donations and were able to claim more Gift Aid.

We received a grant of £557 from Surrey County Council for the replacement of the control panel for our heating system.

Expenditure

Our expenditurewas less than2019 becausewe did not run the events we wouldnormallyhave run and the building was
used much less so there was a small saving on utilities and consumables.

Wespent£2,484.75oninstallingCCTVfortheChurchandQuietGardenaftertakingadvicefromGuildfordDiocese and
the localpolicingteam.In previousyears,we have had occasionalproblemswith low-levelvandalismand disturbances in
the Churchand Quiet Garden and the new system is intendedto reassure and protectour staff and visitors.We also  spent
£6,719.71 on the initial phase of upgrading our lights in the Church to LEDs; this will help reduce our electricity usage.

Outlook

During2020,weusedmoneyfromourunrestrictedlegacyfundstosupplementourParishShareatarate£1,000 per
month.Atthatrate,ourunrestrictedfundswouldlastusforoverthreeyears.Ourexpectationisthatthe current
situationwillimprovebeforethenandwewillbeabletoresumehiringthebuildingsandotherfundraising activities,
albeit with additional precautions.

TheChurchofEnglandhassetatargetforParishestoreachnet-zerocarbonby2030.Achievingthistargetwill require
significant investment in our heating system, which currently uses gas.

ThepandemichashadwiderimplicationsfortheChurchatNationalandDiocesanlevelandtheimpactofthese will
becomeapparentinduecourse.Wewillneedtostayabreastofdevelopmentsandlookforwhatwecandoto best
carry-out the work of the Church in Farncombe.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.

Page 6

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Report of the Trustees for the Year Ended 31 December 2020

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of PCC members

ThemethodofappointmentofPCCmembersissetoutintheChurchRepresentationRules.AllChurchattendees are
encouraged to register on the Electoral Roll and stand for election to the PCC.

The full PCC met six times duringthe year.The Staff Team and sub-committeesof the PCC (Worship& Nurture,Mission &
Outreach and Finance & Fabric) met between meetings and reported back to the full PCC.

Reserves Policy

It is PCC policyto maintaina balanceonunrestrictedfunds(wherepossible),whichequatesto approximatelysix months
unrestricted payments, to cover emergency situations that may arise from time to time.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number

1129632

Principal address

St John's Church Parish Office
St Johns Street
Farncombe
Godalming
GU7 3EJ

Page 7

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Report of the Trustees for the Year Ended 31 December 2020

REFERENCE AND ADMINISTRATIVE DETAILS Trustees

PCC members who have served from 1 January 2020 until the date this report was approved are:

Incumbent

The Revd James Rattue - Chairman

Curate

The Revd Maggie Stirling-Troy

Wardens

Paul Rivers
Helen Gee

Secretary

Daniel Ryan

Treasurer

David Preston

Deanery Synod

Heather Bryn-Thomas
Geoff Coote
Sarah Coote

Elected members

Barry Butcher
Jackie Butcher
Marjorie Cawley
Chrissy Davies
Jennifer Downes
Michael Hornbrook
Jane Jopson
Sharon Lewer
Shirley Martin
Sue Petty
Graeme Pullen
Lois Warden

Independent examiner

Bennewith 2018 Limited
t/a A J Bennewith & Co
3 Wey Court
Mary Road
Guildford
Surrey
GU1 4QU

Page 8

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Report of the Trustees

for the Year Ended 31 December 2020

REFERENCE AND ADMINISTRATIVE DETAILS

Bank

LLoyds TSB
49 High Street
Godalming
Surrey
GU7 1AT

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

.............................................
Revd J Rattue  - Trustee

Page 9

Independent Examiner's Report to the Trustees of The Parochial Church Council of the Ecclesiastical Parish of Saint John,

Farncombe

Independent examiner's report to the trustees of The Parochial Church Council of the Ecclesiastical Parish of Saint John, Farncombe

I reportto the charitytrusteeson my examinationof the accountsof the The ParochialChurchCouncilof the  Ecclesiastical
Parish of Saint John, Farncombe (the Trust) for the year ended 31 December 2020.

Responsibilities and basis of report

AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').

I reportinrespectof my examinationof theTrust'saccountscarriedoutundersection145of theActandincarrying out
myexaminationI havefollowedallapplicableDirectionsgivenbytheCharityCommissionundersection145(5)(b)of the
Act.

Independent examiner's statement

I havecompletedmyexamination.I confirmthatnomaterialmattershavecometomyattentioninconnectionwith the
examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concernsand have come acrossno othermattersin connectionwith the examinationto whichattention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.

A J Bennewith FCA, FCPA, FFA, FFTA, DChA, FRSA
Bennewith 2018 Limited
t/a A J Bennewith & Co
3 Wey Court
Mary Road
Guildford
Surrey
GU1 4QU

Date: .............................................

Page 10

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Statement of Financial Activities

for the Year Ended 31 December 2020

Unrestricted Restricted funds funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 78,653 781 Charitable activities Children's work 233 - Church activities 27,137 1,478 Other trading activities 2 3,347 - Investment income 3 1,069 - Other income 6 - Total 110,445 2,259 EXPENDITURE ON Raising funds 1,724 - Charitable activities Grants paid 2,740 - Children's work 263 - Church activities 125,108 2,025 Total 129,835 2,025 Net gains/(losses) on investments 1,105 - NET INCOME/(EXPENDITURE) (18,285) 234 Transfers between funds 12 (600) 600 Net movement in funds (18,885) 834 RECONCILIATION OF FUNDS Total funds brought forward 513,021 265,229 TOTAL FUNDS CARRIED FORWARD 494,136 266,063	31.12.20 Total funds £ 79,434 233 28,615 3,347 1,069 6 112,704 1,724 2,740 263 127,133 131,860 1,105 (18,051) - (18,051) 778,250 760,199	31.12.19 Total funds £ 74,349 514 49,672 10,248 522 3,128 138,433 3,386 6,435 552 132,281 142,654 2,532 (1,689) - (1,689) 779,939 778,250

The notes form part of these financial statements

Page 11

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Balance Sheet

At 31 December 2020

Unrestricted Restricted funds funds Notes £ £ FIXED ASSETS Tangible assets 8 415,384 250,000 Investments 9 17,173 - 432,557 250,000 CURRENT ASSETS Debtors 10 6,798 - Cash at bank 67,469 16,062 74,267 16,062 CREDITORS Amounts falling due within one year 11 (12,687) - NET CURRENT ASSETS 61,580 16,062 TOTAL ASSETS LESS CURRENT LIABILITIES 494,137 266,062 NET ASSETS 494,137 266,062 FUNDS 12 Unrestricted funds Restricted funds TOTAL FUNDS	31.12.20 Total funds £ 665,384 17,173 682,557 6,798 83,531 90,329 (12,687) 77,642 760,199 760,199 494,137 266,062 760,199	31.12.19 Total funds £ 665,768 16,068 681,836 9,370 97,900 107,270 (10,856) 96,414 778,250 778,250 513,021 265,229 778,250

ThefinancialstatementswereapprovedbytheBoardofTrusteeson.............................................andweresignedon its
behalf by:

.............................................
Revd J Rattue -Trustee

The notes form part of these financial statements

Page 12

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Notes to the Financial Statements for the Year Ended 31 December 2020

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenprepared in
accordancewith the CharitiesSORP (FRS 102) 'Accountingand Reportingby Charities:Statementof  Recommended
PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting Standard
applicablein the UK and Republicof Ireland(FRS 102) (effective 1 January2015)', FinancialReportingStandard 102
'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andtheCharitiesAct2011. The
financialstatementshavebeenpreparedunderthehistoricalcostconventionwiththeexceptionof investments
which are included at market value, as modified by the revaluation of certain assets.

Income

All incomeis recognisedin the Statementof FinancialActivitiesonce the charityhas entitlementto the funds,it is
probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlement and
the amountof the obligationcanbe measuredreliably.Expenditureis accountedforon an accrualsbasisand has
beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly
attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.

Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedasa commitment
but not accrued as expenditure.

Tangible fixed assets

Consecratedandbeneficepropertyis notincludedintheaccountsinaccordancewiths 96(2)of theCharities Act
1993.MovablechurchfurnishingsheldbythevicarandchurchwardensonspecialtrustforthePCCand which
requireafacultyfordisposalareinalienableproperty,listedinthechurchinventory,whichcanbeinspected (at
anyreasonabletime).Foranythingacquiredpriorto2000thereisinsufficientcostinformationavailable and
therefore such assets are not valued in the financial statements.

Equipment used within the church premises is depreciated on a straight line basis over five years.

Freehold property is included in the accounts at market value. Valuations are periodically updated.

Taxation

The charity is exempt from tax on its charitable activities.

Page 13

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

1. ACCOUNTING POLICIES - continued

Fund accounting

Unrestrictedfunds representthe funds of the PCC that are not subject to any special restrictionregardingtheir use
and are availablefor applicationto the generalpurposesof the PCC. These includefundsdesignatedfor particular
purposesbythePCC.Theaccountsincludemonetarytransactions,assetsandliabilitiesforwhichthePCCcan be
held responsible.They do not includethe accountsof otherChurchgroupsthatare an affiliationto another body,
nor those that are informal gatherings of Church members.

Restrictedfundsrepresenta)theincomefromtrustsonendowmentswhichmaybeexpendedonlyon those
restrictedobjectsprovidedinthetermsof thetrustorbequest,andb) donationsorgrantsreceivedfora specific
objector invitedby the PCC for a specificobject.The fundsmay onlybe expendedon the specificobjectfor which
theyweregiven.Anybalanceremainingunspentmustattheendoftheyearbecarriedforwardasabalance on
that fund. The PCC does not usually invest separately for each fund.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Fixed asset investments

Investments are stated at market value. Listed investments are dealt on a recognised stock exchange.

2. OTHER TRADING ACTIVITIES

	31.12.20	31.12.19
	£	£
Spring Fair	-	2,623
Magazine advertisements and sponsorship	2,265	2,510
Sale of work	900	810
Special events/refreshments	182	4,096
Farncombe Village Show	-	209
	3,347	10,248

3.

INVESTMENT INCOME

		31.12.20	31.12.19
		£	£
	Dividends received	481	467
	Bank interest	588	55
		1,069	522
4.	GRANTS PAYABLE
		31.12.20	31.12.19
		£	£
	Grants paid	2,740	6,435

Page 14

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

4. GRANTS PAYABLE - continued

The total grants paid to institutions during the year was as follows:

The total grants paid to institutions during the year was as follows:
	31.12.20	31.12.19
	£	£
USPG	-	1,914
Other societies and missions	1,993	3,751
Distribution of funds from Henry Smith Charity	697	750
Quiet Garden	50	20
	2,740	6,435

5. TRUSTEES' REMUNERATION AND BENEFITS

Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2020norforthe year
ended 31 December 2019 .

Trustees' expenses

Therewerenotrustees'expensespaidfortheyearended31December2020norfortheyear ended
31 December 2019.

6. STAFF COSTS

The average monthly number of employees during the year was as follows:

31.12.20	31.12.19
2	2

No employees received emoluments in excess of £60,000.

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted Restricted funds funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 73,763 586 Charitable activities Children's work 514 - Church activities 47,336 2,336 Other trading activities 9,619 629 Investment income 522 - Other income 3,128 - Total 134,882 3,551	Total funds £ 74,349 514 49,672 10,248 522 3,128
	138,433

Page 15

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Notes to the Financial Statements - continued

for the Year Ended 31 December 2020

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted funds funds £ £ EXPENDITURE ON Raising funds 3,262 124 Charitable activities Grants paid 6,435 - Children's work 552 - Church activities 130,739 1,542 Total 140,988 1,666 Net gains/(losses) on investments 2,532 - NET INCOME/(EXPENDITURE) (3,574) 1,885 RECONCILIATION OF FUNDS Total funds brought forward 516,595 263,344 TOTAL FUNDS CARRIED FORWARD 513,021 265,229 8. TANGIBLE FIXED ASSETS Freehold Office property equipment £ £ COST At 1 January 2020 and 31 December 2020 665,000 2,683 DEPRECIATION At 1 January 2020 - 1,915 Charge for year - 384 At 31 December 2020 - 2,299 NET BOOK VALUE At 31 December 2020 665,000 384 At 31 December 2019 665,000 768

Total funds £ 3,386 6,435 552 132,281 142,654 2,532 (1,689) 779,939 778,250 Totals £ 667,683 1,915 384 2,299 665,384 665,768

73 Binscombe Crescent, Farncombe

Thishousewasboughtaround40yearsagofortheuseoftheAssistantCurate.Itformspartofthe general
unrestrictedfund.ThepropertywasvaluedinOctober2018bySeymoursestateagentsat£415,000.It was
rented-out commercially for a rent of £1,350 per month.

Page 16

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Notes to the Financial Statements - continued
for the Year Ended 31 December 2020

8. TANGIBLE FIXED ASSETS - continued

26 Tudor Road, Farncombe

This propertywas purchasedin October 2001 as our contributiontowardsthe costs of sharinga joint youth worker
withanumberofotherGodalmingchurches.Ithasbeenvaluedat£250,000.ItislettotheTrinityTrustand a
nominalrentalincomeisreceived.Thepropertywaspurchased72%fromtheCapitalFundand28%from the
SundaySchoolFund.All receiptsand paymentsassociatedwith 26 TudorRoad must be appliedto the funds in the
same proportions and should the property be sold the funds must also be reimbursed in the same proportions.

Office equipment
Description	Year Purchased	Purchase Price
Computer (for Office Manager)	2011	£403
Computer (for Accounts Manager)	2015	£360
Photocopier	2017	£1,920

9. FIXED ASSET INVESTMENTS

		Listed
		investments
		£
MARKET VALUE
At 1 January 2020		16,068
Revaluations		1,105
At 31 December 2020		17,173
NET BOOK VALUE
At 31 December 2020		17,173
At 31 December 2019		16,068
There were no investment assets outside the UK.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	31.12.20	31.12.19
	£	£
Prepayments and accrued income	6,798	9,370

10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Page 17

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Accrued expenses 12. MOVEMENT IN FUNDS Unrestricted funds General Fund Children's Work Fund Enid Weston Legacy Fund Project Fund PB & JP Trower Legacy Fund Small Legacies Fund Restricted funds Capital Fund Flower Fund Other Restricted Funds Sunday School Fund Organ Fund Toddler Group Fund Sylvia Mitchell Legacy Fund Chair Robe Fund Kettles On Fund Heating Fund TOTAL FUNDS	31.12.20 £ 12,687 Net movement Transfers At 1.1.20 in funds between funds At £ £ £ 434,918 (49) (600) 1,495 (31) - 24,535 (12,123) - 645 - - 51,401 (6,081) - 27 - - 513,021 (18,284) (600) 180,759 447 - 342 70 - 81 (81) - 71,648 (232) - 324 (636) 600 1,854 92 - 9,464 (75) - 257 - - 500 91 - - 557 - 265,229 233 600 778,250 (18,051) -	31.12.19 £ 10,856 31.12.20 £ 434,269 1,464 12,412 645 45,320 27
		494,137 181,206 412 - 71,416 288 1,946 9,389 257 591 557
		266,062
		760,199

Page 18

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

12. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

	Incoming	Resources	Gains and	Movement in
	resources	expended	losses	funds
	£	£	£	£
Unrestricted funds
General Fund	110,213	(111,367)	1,105	(49)
Children's Work Fund	232	(263)	-	(31)
Enid Weston Legacy Fund	-	(12,123)	-	(12,123)
PB & JP Trower Legacy Fund	-	(6,081)	-	(6,081)
	110,445	(129,834)	1,105	(18,284)
Restricted funds
Capital Fund	865	(418)	-	447
Flower Fund	80	(10)	-	70
Sunday School Fund	336	(568)	-	(232)
Toddler Group Fund	279	(187)	-	92
Sylvia Mitchell Legacy Fund	1	(76)	-	(75)
Kettles On Fund	141	(50)	-	91
Heating Fund	557	-	-	557
Other Restricted Funds	-	(81)	-	(81)
Organ Fund	-	(636)	-	(636)
	2,259	(2,026)	-	233
TOTAL FUNDS	112,704	(131,860)	1,105	(18,051)

Page 19

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

12. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted Funds General Fund Children's Work Fund Enid Weston Legacy Fund Project Fund PB & JP Trower Legacy Fund Small Legacies Fund Restricted Funds Capital Fund Flower Fund Other Restricted Funds Sunday School Fund Organ Fund Toddler Group Fund Sylvia Mitchell Legacy Fund Chair Robe Fund Kettles On Fund TOTAL FUNDS	Net movement Transfers At 1.1.19 in funds between funds At £ £ £ 435,137 (192) (27) 1,447 48 - 28,610 (4,075) - - 645 - 51,401 - - - - 27 516,595 (3,574) - 180,271 488 - 342 - - 81 - - 71,718 (70) - 324 - - 931 923 - 9,677 (213) - - 257 - - 500 - 263,344 1,885 - 779,939 (1,689) -	31.12.19 £
		434,918
		1,495
		24,535
		645
		51,401
		27
		513,021
		180,759
		342
		81
		71,648
		324
		1,854
		9,464
		257
		500
		265,229
		778,250

Page 20

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

12. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

	Incoming	Resources	Gains and	Movement in
	resources	expended	losses	funds
	£	£	£	£
Unrestricted funds
General Fund	133,637	(136,361)	2,532	(192)
Children's Work Fund	600	(552)	-	48
Project Fund	645	-	-	645
Enid Weston Legacy Fund	-	(4,075)	-	(4,075)
	134,882	(140,988)	2,532	(3,574)
Restricted funds
Capital Fund	864	(376)	-	488
Sunday School Fund	707	(777)	-	(70)
Toddler Group Fund	1,223	(300)	-	923
Chair Robe Fund	257	-	-	257
Kettles On Fund	500	-	-	500
Sylvia Mitchell Legacy Fund	-	(213)	-	(213)
	3,551	(1,666)	-	1,885
TOTAL FUNDS	138,433	(142,654)	2,532	(1,689)

Page 21

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

12. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds General Fund Children's Work Fund Enid Weston Legacy Fund Project Fund PB & JP Trower Legacy Fund Small Legacies Fund Restricted funds Capital Fund Flower Fund Other Restricted Funds Sunday School Fund Organ Fund Toddler Group Fund Sylvia Mitchell Legacy Fund Chair Robe Fund Kettles On Fund Heating Fund TOTAL FUNDS	Net movement Transfers At 1.1.19 in funds between funds At £ £ £ 435,137 (241) (627) 1,447 17 - 28,610 (16,198) - - 645 - 51,401 (6,081) - - - 27 180,271 935 - 342 70 - 81 (81) - 71,718 (302) - 324 (636) 600 931 1,015 - 9,677 (288) - - 257 - - 591 - - 557 - 263,344 2,118 600 779,939 (19,740) -	31.12.20 £ 434,269 1,464 12,412 645 45,320 27 181,206 412 - 71,416 288 1,946 9,389 257 591 557
		266,062
		760,199

Page 22

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

12. MOVEMENT IN FUNDS - continued

A currentyear12 monthsandprioryear12 monthscombinednetmovementinfunds,includedintheabove are
as follows:

	Incoming	Resources	Gains and	Movement in
	resources	expended	losses	funds
	£	£	£	£
Unrestricted funds
General Fund	243,850	(247,728)	3,637	(241)
Children's Work Fund	832	(815)	-	17
Project Fund	645	-	-	645
Enid Weston Legacy Fund	-	(16,198)	-	(16,198)
PB & JP Trower Legacy Fund	-	(6,081)	-	(6,081)
	245,327	(270,822)	3,637	(21,858)
Restricted funds
Capital Fund	1,729	(794)	-	935
Flower Fund	80	(10)	-	70
Sunday School Fund	1,043	(1,345)	-	(302)
Toddler Group Fund	1,502	(487)	-	1,015
Sylvia Mitchell Legacy Fund	1	(289)	-	(288)
Chair Robe Fund	257	-	-	257
Kettles On Fund	641	(50)	-	591
Heating Fund	557	-	-	557
Other Restricted Funds	-	(81)	-	(81)
Organ Fund	-	(636)	-	(636)
	5,810	(3,692)	-	2,118
TOTAL FUNDS	251,137	(274,514)	3,637	(19,740)

Page 23

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Notes to the Financial Statements - continued
for the Year Ended 31 December 2020

12. MOVEMENT IN FUNDS - continued

General Fund

This fund is availablefor general use by the PCC and the funds are unrestrictedin their use i.e. they may be applied
at the discretion of the PCC for furthering the mission of the church.

Children's Work Fund

Adesignatedfund(i.e.thereisnorestrictiononthemoneyhoweverthePCChasallocateditfora particular
purpose)thatholdstheproceedsoftheAfterSchoolClubheldatFarncombeCofEInfantSchooland donations
from Messy Church. The money is designated for projects to further the church's work with children.

Enid Weston Legacy Fund

ThePCCreceivedalegacyof£66,141fromEnidWestonduring2013.Therearenorestrictionsontheuseof this
money;the PCC will use it towardsspecificitems as statedin the LegacyPolicy.To date,moneyfrom the fund has
beenusedtowardsthesoundsystem,toilets,heatingsystem,maintenanceoftheroof,installationofLED lights
and topping-up our Parish Share contributions.

Projects Fund

(This fund was previously called the Greatest Needs Fund and has been renamed to clarify its purpose)
Somedonorsrequestthatwedonotusedonationstowardsday-to-dayexpendituresuchasutilitybills.We may
usethemoneyforanyspecificitemorproject(thisisnotknownatthetimeofdonation).Thisrestricted fund
holds such money so that we can identify on what it was spent.

Small Legacies Fund

(This fund was previously called the Legacy Unrestricted Fund and has been renamed to clarify its purpose)
Fromtime-to-timewe receivesmalllegacieswhichwe handleinaccordancewithourLegacyPolicy.This requires
thatwe use the moneyon a specificitem or projectandnottowardsday-to-dayexpenditure.Thisrestricted fund
holds such money form legacies so that we can identify on what it was spent.

Capital Fund

Arestrictedfundforcapitalprojects.Thefundholdsa72%shareof26TudorRoad,valuedat£180,000 and
receives a corresponding proportion of the profits from rental.

Flower Fund

This is a restrictedfund which representsmoney donatedfor flowers in Churchand is releasedto flower arrangers
on request.

Other Restricted Fund

A restrictedfundto holdmoneyuntilit can be spenton its intendedpurpose.£200 heldin thisfundwas donated
bySurreyPolicein2009tofundanewsletterfromtheFarncombeForum.Thisnewsletternevermaterialised so
themoneywasreturnedtoSurreyPoliceinDecember2017.Afterinvestigation,theremainingmoneywas found
to be surplusfroma donationin 2012towardsa new ovenforthe kitchen.The donorhasagreedthatthe money
can be used towards the cost of repairing the East Window.  This fund is now closed.

Farncombe Church of England Sunday School Fund (Sunday School Fund)

This restrictedfundis an EducationalTrust.The Trusteesare the RectorandChurchwardens.The Fundis invested
withinterestto accumulatein the account.It hasa 28% shareof 26 TudorRoadvaluedat £70,000andreceives a
corresponding share of the profits from rental.

Organ Fund

A restricted fund for donations and funds raised to carry out repairs on the church organ.

Page 24

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Notes to the Financial Statements - continued
for the Year Ended 31 December 2020

12. MOVEMENT IN FUNDS - continued

Toddler Group Fund

Thisrestrictedfundholdsdonationsreceivedforrunningof the St John'sToddlerGroupandis designatedfor the
use of the group to purchase materials and equipment.

Sylvia Mitchell Legacy Fund

ThePCCreceiveda legacyof£9,982fromMrsMitchellduring2016.Thisamounthasbeenrestrictedfor projects
relating to the musical life of the church according to her wishes.

PB & JP Trower Legacy Fund

ThePCCreceivedalegacyof£51,401fromPhyllisandJeanTrowerduring2018.Therearenorestrictionson the
use of this money however the PCC intendto use it for specificprojects(i.e. not for day-to-dayexpenditure)in line
with their stated legacy policy.

Henry Smith Fund

This is a restrictedfund. A sum of money is donatedby the Henry Smith Charitytrustees to the Parish at the end of
eachyearfordistributiontopeopleinparticularneed.Since2014,thisgranthasbeenspenton supermarket
vouchers to assist local families.

Kettles On Fund

ArestrictedfundusedtoholdgrantsandotherincomefromtheKettlesOngroup.Thismoneywillbe used
towards transport for people attending and other items to support and enhance the running of the group.

Choir Robe Fund

Arestrictedfund,initiallycontainingmoneydonatedfromtheproceedsofthe2019SpringFairtowards the
purchase of new robes for the choir and serving team.

Heating Fund

ArestrictedfundusedtoholdthegrantreceivedfromSurreyCountCouncilforrepairtotheheating system
control panel.  This money will be spent in 2021.

13. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2020.

Page 25

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Detailed Statement of Financial Activities

for the Year Ended 31 December 2020

INCOME AND ENDOWMENTS Donations and legacies Grants Planned giving Collections & other giving Income tax recovered Other trading activities Spring Fair Magazine advertisements and sponsorship Sale of work Special events/refreshments Farncombe Village Show Investment income Dividends received Bank interest Charitable activities Rent of church room Wedding and funeral fees After School Club Messy Church Toddler Group 26 Tudor Road rent Rent on 73 Binscombe Crescent Henry Smith income Other income Insurance claim Other income Total incoming resources	31.12.20 £ 2,068 46,399 17,350 13,617 79,434 - 2,265 900 182 - 3,347 481 588 1,069 9,982 3,844 113 120 278 1,200 12,611 700 28,848 - 6 6 112,704	31.12.19 £ - 47,050 14,284 13,015
		74,349 2,623 2,510 810 4,096 209
		10,248 467 55
		522 26,570 6,307 329 185 1,136 1,200 13,759 700
		50,186 3,128 -
		3,128
		138,433

This page does not form part of the statutory financial statements

Page 26

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,
Farncombe

Detailed Statement of Financial Activities

for the Year Ended 31 December 2020

EXPENDITURE Other trading activities Magazine costs Spring Fair Special events/refreshments Charitable activities Wages Sundries Diocesan Quota/Parish Share Church running costs Church room maintenance Rector and rectory expenses Flowers Wedding and funeral fees Toddler group Messy church After school club Stationery and other admin costs Church room cleaning Organists School leavers bibles Subscriptions Costs of 26 Tudor Road Major repairs to church Depreciation of office equipment Grants to institutions Support costs Governance costs Accountancy Professional fees Total resources expended Net expenditure before gains and losses	31.12.20 £ 1,545 - 179 1,724 9,948 100 79,392 24,629 499 348 30 2,706 138 119 144 1,190 885 1,810 406 1,085 955 - 384 2,740 127,508 2,400 228 2,628 131,860 (19,156)	31.12.19 £ 1,680 552 1,154 3,386 11,186 - 74,248 21,702 1,168 671 - 4,174 176 376 176 1,311 2,455 2,820 631 1,101 1,093 6,161 384 6,435 136,268 3,000 - 3,000 142,654 (4,221)

This page does not form part of the statutory financial statements

Page 27

The Parochial Church Council of the
Ecclesiastical Parish of Saint John,

Farncombe

Detailed Statement of Financial Activities for the Year Ended 31 December 2020

Realised recognised gains and losses Realised gains/(losses) on fixed asset investments Net expenditure	31.12.20 £ 1,105 (18,051)	31.12.19 £ 2,532 (1,689)

This page does not form part of the statutory financial statements

Page 28