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2020-12-31-accounts

Reference and Administrative
Details		 Reference and Administrative
Details		 Reference and Administrative
Details
Trustees' Report 2 to 6
Statement ofTrustees' Responsibilities
Independent
Examiner's		 Report
Statement ofFinancial Activities 9to 10
Balance Sheet
Notes to the Financial Statements 12to 24

Trustees Mrs EC Cronin
Mrs SHutchinson
Dr GDJ Jennings
Mr RLogan
Dr IGVincent
Dr NE Worley
Mr RC Kenyon
Mrs PM Hodgson
Mr RD Gaunt
Rev CJFord
Mr MG Hodgson
Mr D Graham
Mrs FLLogan
Mrs EM Smith
Mrs SAllen
Mrs AE Armitage
Mr N Coupland
Principal Office Goldsmith
Street
Nottingham
NG1 SJT
Charity Registration Number 1129944
Independent Examiner John O'Brien, employee of
Community
Accounting		 Plus
Units
1 and 2,North West
41 Talbot Street
Nottingham
NG1 5GL

Stateme nt of Financial Activities for th e Year Ended 3 1December 20 20
Unrestricted Restricted Total Total
funds funds 2020 2019
Note 8
Income and Endowments from:
Donations
and legacies		 2 115,763 900 116,663 128,098
Charitable
activities		 3 2,682 2,682 7,670
investment
income		 4 11,745 31 11,776 15,808
Other income 5 23,987 23,987 35,240
Total Income 154,177 931 155,108 186,816
Expenditure
on:
Charitable
activities		 6 (157,523) (742) (158,265) (183,053)
Total Expenditure (157,523) (742) (158,265) (183,053)
Gains/losses
on investment
assets (18,829) (52) (18,881) 38,122
Net movement
in funds		 (22,175) 137 (22,038) 41,885
Reconciliation offunds
Total funds brought forward 748,543 4,699 753,242 711,357
Total funds carried forward 17 726,368 4,836 731,204 753,242

These are the Bgures for the previous These are the Bgures for the previous accounting period and are included for comparative purposes
Unrestricted Restricted Total
Note funds
K		 funds
f		 2019
Income and Endowments from:
Donations
and legacies		 126,114 1,984 128,098
Charitable
activities		 7,670 7,670
Investment
income		 15,768 40 15,808
Other income 35,240 35,240
Total Income 184,792 2,024 186,816
Expenditure
on:
Charitable
activities
Total Expenditure
Gains/losses
on invesiment		 assets 6 ~)8),)0 )~),220)
(181,833)~),220
38,018
104		 (183,053)
~1)88 32,10)3 33))
38,122
Net movement
in funds		 40,977 908 41,885
Reconciliation offunds
Total funds brought
forward		 707,566 3,791 711,357
Total funds carried forward 17 748,543 4,699 753,242

2020 2019
Note f.
Fixed assets
Tangible assets 11 124,193 156,375
Investments 12 387,568 385,298
511,761 541,673
Current assets
Stocks 13 1,094 1,238
Debtors 14 9,764 11,303
Cash at bank and in hand 215,915 202,023
226,773 214,564
Creditors: Amounts falling due within one year 15 (6,830) (2,535)
Net current assets 219,943 212,029
Total assets less current liabilities 731,704 753,702
Creditors: Amounts falling due after more than one year 16 (500) (460)
Net assets 731,204 753,242
Funds ofthe charity:
Restricted funds 4,836 4,699
Unrestricted income funds
Unrestricted funds 726,368 748,543
Total funds 17 731,204 753,242

Asset class Asset class Depreciation method and rate
Freehold Property 2%straight line
Fixtures &fittings 20%straight line
General equipment 20%straight
10%straight		 line (except the Piano is
line)
Buildings refurbishment 10%straight line

Unrestricted funds
Restricted Total Total
Designated General funds 2020 2019
Donations and
legacies;
Donations from
companies, trusts
and similar
proceeds 20 ],125 1,145 4,800
Donations from
individuals 70,384 70,384 73,709
Legacies 20,000 20,000 24,438
Gift aid reclaimed 1,300 ]7,664 410 19,374 18,860
Other income from
donations and
legacies 5,270 490 5,760 6,291
26,590 89,173 900 116,663 128,098

Unrestricted
funds
Total Total
Designated 2020 2019
Events k productions 942 942 1,530
Junior Church activities 2,008
Sales ofrefreshments 258 258 1,430
Wateraid - JCproject 711 7 1.1
Craft club activites 771 771 2,702
2,682 2,682 7,670

Unrestricted funds
Restricted Total Total
Designated General funds 2020 2019
8 f. 8
Interest receivable
and similar income;
Other interest
receivable 74 159 233 791
Other income from
fixed asset
investments 8,338 3,174 31 11,543 15,017
8,412 3,333 31 11,776 15,808
Unrestricted funds
Total Total
Designated General 2020 2019
8 8
Fees and supplies 2,816 30 2,846 2,477
Rental income 9,768 11,373 21,141 32,763
12,584 11,403 23,987 35,240

Unrestricted funds
Restricted Total Total
Designated General funds 2020 2019
K
Manse expenses 6,083 2,347 8,430 4,095
Ministerial
expenses		 and car
allowance 2,964 2,964 4,119
Pulpit supply 644 644 952
Organist
and choir cost		 4,412 4,412 8,475
Organ and piano maintenance 200 200 1,520
Sunday car parking 1,000 1,000 1,000
Congregational
expenditure		 47 1,010 1,057 2,192
Junior Church &Saturday club 752 752 4,550
Events 671 671 1,182
Flowers 733 733 1,101
Trading purchases 2,125 2,125 2,128
Ministry &Mission fund
contributions 58,200 58,200 56,700
Donations 6,405 231 6,636 10,404
Cleaning costs 9,622 9,622 14,418
Insurance 7,055 7,055 6,657
Utilities 4,442 4,442 7,148
Church repairs
and maintenance		 4,491 4,491 5,429
Depreciation 36,349 638 36,987 38,041
Printing &postage 918 918 1,146
Telephone
rental and repair		 costs 1,191 1,191 1,191
Professional
fees &		 training 417
Inde pendent
examination		 fee 1,020 1,020 960
Sundry expenses 531 531 118
Equipment 214 214 132
Major repairs &refurbishment 732 732 5,903
Investment
charges		 2,314 915 3,238 3,075
55,478 102,045 742 158,265 183,053

7
Net incoming/outgoing
resources
Net (outgoing)/incoming
resources for		 the year include:
Depreciation offixed assets
8
Trustees remuneration
and expenses
During the year the charity made the following transactions with trustees:
Mr MG Hodgson
Mr MG Hodgson
received remuneration		 of8200 (2019:f80) during the year
Received payment
for taking services as a qualified		 lay preacher.
Mrs PM Hodgson
Mrs PM Hodgson received remuneration off2,484 (2019:82,448) during the year
Received payment
for being the choir director.
Mr RC Kenyon
Mr RC Kenyon received remuneration of&1il (2019:840) during the year
Received payment
for taking services.
Mr RD Gaunt
Mr RD Gaunt received remuneration
ofgNil (2019:840) during the year
Received payment
for taking services
No Trustees have received any other benefits from the charity during the year.
The aggregat e
payroll		 costs were a s follo ws:
2020 2019
g 8
Staff costs during
the		 year were:
Wages and salaries 1,300 3,900
The monthly average number ofpersons (including senior management team) employed by the charity during
the year was as follows:
2020 2019
No No
Average number ofpersons employed
No employee received emoluments ofmore than 860,000 during the year

11 Tangible fixed assets
General Buildings Fixtures
8tt
Equipment Refurbishment Fittings Total
Cost
At
1 January 2020		 15,878 344,998 42,982 403,858
At 31December 2020 15,878 344,998 42,982 403,858
Depreciation
At 1 January 2020 4,782 197,881 40,015 242,678
Charge for the year 1,186 33,937 1,864 36987
At 31December 2020 5,968 231,818 41,879 279,665
Net book value
At 31December 2020 9,910 113,180 1,103 124,193
At 31December 2019 11,096 147,117 2,967 161,180
Other investments
Listed
investments Total
Cost orValuation
At
1 January 2020		 385,298 385,298
Revaluation (18,881) (18,881)
Additions 108,797 108,797
Disposals (87,646) (87,646)
At 31December 2020 387,568 387,568
Net book value
At 31 December 2020 387,568 387,568
At 31December 2019 383298 383298

Balance at 31
Balance at 1 Incoming Resources December
January2020 resources expended Transfers 2020
8 K
Unrestricted
funds
General
General 189,207 103,909 (106,765) (301) 186,050
Designated
Fabric Fund 468,014 26,978 (50,142) 444,850
Ministerial
Housing
Fund
Music k Organ Fund		 29,520
32,191		 735
714		 (1,447)
(1,915)		 28,808
30,990
Junior Church Fund 346 2,081 (1,401) (410) 616
Communion
Benevolent
Fund 2,942 4,709 (4,707) 711 3,655
Service Recordings 714 714
Belgravians 381 236 (264) 353
Goldsmith
Players		 Misc 748 748
Commitment
For		 Life 915 (915)
Special Collections 545 (545)
Manse 21,906 9,768 (6,083) 25,591
Traid craft 708 2,658 (2,047) 1,319
Craft Club
Celebrations
2020		 1,808
58		 771
158		 ~321) 2,579
95
559,336 50,268 (69,587) 301 540,318
Total unrestricted funds 748,543 154.177 ~176,352) 726,368
Restricted funds
Junior Church Reserve 2,223 281 (61) 2,443
Flowers Fund 1,490 650 (733) 1,407
Goldsmith
Players		 Fund 270 270
Student Pantry Fund 716 716
Total restricted
funds		 4,699 931 ~(794 4,836
Total funds 753,242 155.188 ~(177,)46 731,204
Page 22

Unrestricted funds
Restricted 2020
General Designated funds Total funds
8
Tangible fixed assets 6,668 117,525 124,193
Fixed asset investments 96,892 289,619 1,057 387,568
Current
Current
Creditors		 assets
liabilities
over 1year		 89,105
(5,814)
~500)		 133,890
(1,016)		 3,778 226,773
(6,830)
~500)
Total net assets 186,351 540,018 4,835 731,204
Unrestricted funds
Restricted 2019
General Designated funds Total funds
8
Tangible fixed assets 2,501 153,874 156,375
Fixed asset investments 96,324 287,923 1,051 385,298
Current assets 93,102 117,814 3,648 214,564
Current
Creditors		 liabilities
over
1year		 (2,260)
(460)		 (275) (2,535)
~660)
Total net assets 189,207 559,336 4,699 753,242

During
the
follows:		 period,
the fees payable
(including
VAT		 ) to the charity's
independent
examiner
a		 re analysed a
2020 2019
Independent examination 1,020 960
1,020 960