2020-12-31-accounts

				January to October	2020			From October 2020
Chairman				The Rev'd Kevan McCormack		(to	Feb 2020)	The Rev'd Nigel Prior
				The Rev'd Nigel Prior	(from Aug	2020)
Assistant	Curate							The Rev'd Andy Todd
Vice Chairman				Stephen Cole				Stephen Cole
Churchwardens				Veronica Howe				Veronica Howe
				Barbara Stear				Barbara Stear
Diocesan	Synod			Penny Bird				Penny Bird
Representatives				Mary Hare				Mary Hare
Deanery	Synod			Penny Bird				Penny Bird
				Mary Hare				Mary Hare
				Rita James				Rita James
				Anthony Wailer
Churches	Together		in	Penny Bird				Penny Bird
Woodbridge		gt Melton
Honorary	Treasuer			David Sharpies				David Sharpies
Honorary	Secretary			Patricia Fenn				Joanne Lovett
Elected Lay Members				Marion Clarke	Virginia		Spray	David Berridge
				Jean Cobb	Andy	Todd		Stephen Cole
				Stephen Cole	Susan	Todd		Margaret Harper
				Patricia Fenn	Anthony		Wailer	Jeremy Hawksley
				Margaret Harper				Charlotte Gooch
				Jeremy Hawksley				Joanne Lovett
				Sarah Lines				Sarah Lines
				Simon Morris				Simon Morris
				Melanic Pearson				Melanic Pearson
				David Sharpies				David Sharpies
								Susan Todd
Bankers				Lloyds Bank pic	Cater Allen			CAF
				8The Thoroughfare	9 Nelson Street			25 Kings Hill Avenue,
				Woodb ridge	Bradford			Kings Hill, West Mailing,	Kent
				IP12 1DF	BD15		AN	ME194TA

	October 2020	October 2019
Adults	180	143
Children		10

			Unrestricted	Restricted	Endowment	Total Funds	Total Funds
			Fund	Fund	Fund	2020	2019	Notes
INCOME AND ENDOWMENTS
Voluntary income			818,872	20,565		839,437	162,639
Activities for generating		funds	3,922			3,922	5,001
Church activities			20,757			20,757	48,972
Income from investments			82	135		217	161	2
Other receipts			801	2,786		3,587	2,581	2
TOTAL INCOME			844,434	23,486		867,920	219,354
EXPENDITURE
Church activities			78,292	444		78,736	98,753
Diocesan parish share			77,160			77,160	77,573
Major Church repairs				16,718		16,718	21,688
TOTAL EXPENDITURE			155,452	17,162		172,614	198,014
NET INCOME BEFORE INVESTMENT
GAINS			688,982	6,324		695,306	21,340
Gains on revaluation	of
investments				94		94	663
NET MOVEMENT IN FUNDS			688,982	6,418		695,400	22,003
Total funds brought forward			110,804	95,511	314,543	520,858	498,855	12
Total funds carried forward			799,786	101,929	314,543	1,216,258	520,858	12

			Total Funds	Total Funds
			2020	2019	Notes
Land and buildings			314.543	314.543
Church piano			21,000	21,000
Church equipment			4,266	2,422
			339,809	337,965	8
Investments —restricted		fund	4,638	4,368
TOTAL FIXEDASSETS			344,447	342,333
Stock			9,187	12,229
Debtors and prepayments			718,937	15,135	10
Cash at bank and in	hand		159,647	160,221
TOTAL CURRENT ASSETS			887,771	187,585
Creditors: Amounts	falling due within one year		(15,960)	(9,060)	11
NET CURRENT ASSETS			871,811	178,525
TOTAL ASSETS LESS	CURRENT LIABILITIES		1,216,258	520,858
PARISH FUNDS
Unrestricted funds			799,786	110,804	12
Restricted funds			101,929	95,511	12
Endowment funds			314,543	314,543	12
TOTAL PARISH FUNDS			1,216,258	520,858

				Cash flows	Cash flows
				2020	2029
Net income before investment			gains	695,306	21,340
Adjustments for;
Depreciation charges				1,929	807
Dividends and interest				(393)	(161)
Movement in stock				3,042	(2,896)
Movement in debtors				(703,802)	4,129
Movement in creditors				6,900	4,533
Net cash from operating	activities			2,982	27,752
Cash flow from investing	activities
Dividends and interest				217	161
Purchase oftangible fixed		assets		(3,773)
Net cash from investing	activities			(3,556)	161
CHANGE IN CASH IN THE		REPORTING PERIOD		(574)	27,913
Cash balances at 1January 2020				160,221	132,308
Cash balances at 31December			2020	159,647	160,221

								Total
				Unrestricted	Restricted	Endowed	Total Funds	Funds
				Funds	Funds	Funds	2020	2019
Planned giving				75,893			75,893	61,777
Cash collections				6,185			6,185	30,786
Other donations				13,363			13,363	5,190
Other donations —restricted					19,265		19,265	44,072
Gift aid recoverable				22,618	1,300		23,918	20,814
Legacies				700,813			700,813
Voluntary income				818,872	20,565		839,437	162,639
Fundraising, concerts and		events		3,922			3,922	5,001
Activities for generating		funds		3,922			3,922	5,001
Sales ofbooks and	cards			13,878			13,878	24,534
Hire of St. Mary's house				4,272			4,272	14,404
Fees for weddings	and funerals			2,607			2,607	10,034
Income from Church activities				20,757			20,757	48,972
Bank interest				82				26
Dividends					134		134	135
Income from investments				82	135		217	161
Other receipts —building		grants		801	2,786		3,587	2,581
Total income and	endowments		on all funds	844,434	23,486		867,920	219,354

		Unrestricted	Restricted	Endowed	Total Funds	Total Funds
		Funds	Funds	Funds	2020	2019
Clergy expenses		1,011			1,011	2,693
Salaries and honoraria		765			765	5,515
Other costs		2,096			2,096	3,883
Other costs —restricted			444		444	258
Other fundra ising costs		222			222
Ministry costs		4,094	444		4,538	12,349
Utilities		13,616			13,616	14,076
Repairs and maintenance		3,833			3,833	7,862
Church costs		17,449			17,449	21,938
Utilities		7,715			7,715	7,940
Repairs and maintenance		4,734			4,734	7,360
Purchases for resale		10,814			10,814	12,286
St.Mary's House costs		23,263			23,263	27,586
Salaries and pensions		17,568			17,568	20,207
Newsletter		1,329			1,329	2,875
Office costs		6,261			6,261	9,152
Professional fees		3,771			3,771	1,458
Depreciation		1,929			1,929	807
Bank charges		795			795	925
Miscellaneous costs		1,833			1,833	1,456
Other costs ofcharitable	activities	33,486			33,486	36,880
TOTAL EXPENDITURE —CHURCH ACTIVITIES		78,292			78,736	98,753

otes to the Financial Statements for th Staff costs	e year ended 31st December	2020
	Cost 2020	Cost 2019
Remuneration
Wages and salaries	18,408	19,581
Employer social security costs
Employer pension costs	460	626
Furlough support	(1,300)
Total staff costs	17,568	20,207

		Freehold land	Church	Church	Total Fixed
		and buildings	piano	equipment	Assets
Cost or valuation
At 1January 2020		314,543	21,000	20,710	356,253
Additions at cost				3,773	3,773
At 31December	2020	314,543	21,000	24,483	360,026
Depreciation
At 1January 2020				18,288	18,288
Charge for the year				1,929	1,929
At 31December	2020			20,217	20,217
Net book value
At 31December	2020	314,543	21,000	4,266	339,809
At 31December	2019	314,543	21,000	2,422	337,965

		Restricted
		Funds
Market value	1January 2020	4,368
Revaluation	gains	270
Market value 31December 2020		4,638

otes to t 0Debtors	he Financial Statements	for the year ended	31st Dece	mber 202	0
		Unrestricted	Restricted	TOTAL	TOTAL
		Funds	Funds	2020	2019
Tax recoverable		9,567	50	9,617	11,497
Prepayments	and accrued income	5,960		5,960	3,638
Other debtors		700,574	2,786	703,360
TOTAL		716,101	2,836	718,937	15,135

1Creditors falling due within o	ne year
	Unrestricted	Restricted	TOTAL	TOTAL
	Funds	Funds	2020	2019
Accrual s for utility and other costs	8,932		8,932	8,918
Other creditors	598		598	142
Parish share	6,430		6,430
TOTAL	15,960		15,960	9,060

Summary of ail funds
Fund income and expenditure	and final balances are as follows:
	Balances			Transfers/	Balances
	31Dec2019	Income	Expenditure	revaluations	31Dec 2020
Unrestricted Funds
General Fund	110,804	844,434	(155,452)	(700,000)	99,786
Designated Harper Fund				700,000	700,000
TOTAL GENERAL FUNDS	110,804	844,434	(155,542)		799,786
Restricted Funds
Grace Howe Bequest	7,760	135	(60)	94	7,929
Choir Fund	13,085	5,565	(384)		18,266
Chapter Fund	455				455
Fabric Fund	71,956	11,286	(16,718)		66,524
Vestment Fund	832				832
Church Sound System	423				423
Organ Fund	1,000	6,500			7,500
TOTAL RESTRICTED FUNDS	95,511	23,486	(17,1621		101,929
Endowment Funds	314,543				314,543
St. Mary's House
TOTAL PARISH FUNDS	520,858	867,920	(172,704)	94	1,216,258

3Net	assets by fund
		Unrestricted	Restricted	Endowment	Total Funds	Total Funds
		Funds	Funds	Funds	2020	2019
Tangible	fixed assets	25,266		314,543	339,809	337,965
Fixed assets investments			4,638		4,638	4,368
Current	assets	790,480	97,291		887,771	187,585
Current	liabilities	(15,960)			(15,960)	(9,060)
TOTAL		799,786	101,929	314,543	1,216,258	520,858