##
|||||Page||
|---|---|---|---|---|---|
|Report ofthe Trustees|||I|to|5|
|Independent
Examiner's||Rcport||||
|Statement
ofFinancial||Activities||||
|Balance Sheet||||||
|Notes to tbc Financial|Statcmcnts||9|to|19|
|Detailed Statentent of|Financial Activities||20|io|22|
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||||||||31/12/20|31/12/19|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endovv&neat|Total|Total|
|||||fund|funds|funds|funds|fluids|
||||Notes|f|f.|f.||f.|
|INCOME AND|||||||||
|ENDO%MENTS|FROM||||||||
|Donations
and legacies||||100,343|||100,343|97,141|
|Charitable
activities|||||||||
|Clnuch expenses||||6,396|||6,396||
|Other trading activities||||20,384|3,263||23,647|42,667|
|Investment
income||||11,180|3,981|2,171|17,332|18,392|
|Other income||||18,838|5,788||24,626|23,757|
|Total||||157,141|13,032|2,171|172,344|181,957|
|EXPENDITURE|ON||||||||
|Charitable
activities|||||||||
|Church expenses||||148,248|7,089|605|155,942|171,406|
|Parish hall expenses||||6,599|||6,599|6,724|
|Music||||1,256|3,721||4,977|8,443|
|Office costs||||||||(1,092)|
|Other||||2,524|||2,524|14,372|
|Total||||158,627|10,810|605|170,042|199,853|
|Net gains/(losses)|on||||||||
|lnvestnlents||||(470)|||(470)|959|
|NET|||||||||
|INCOME/(EXPENDITURE)||||(1,956l)|2,222|1,566|1,832|(16,937)|
|RECONCILIATION||OF|||||||
|FUNDS|||||||||
|Total funds brought||fortvard||277,234|48,546|18,989|344,769|361,706|
|TOTAL FUNDS CARRIED|||||||||
|FORWARD||||275,278|50,768|20,555|346,601|344,769|
##
||tbtt/tnce~ht|tbtt/tnce~ht|||
|---|---|---|---|---|
||~lD|0)0|||
||||31/12/20|31/12/19|
||Notes||||
|FIXEDASSETS|||||
|Tangible assets
investments|||265,888
27,699|274,788
28,169|
||||293,587|302,957|
|CURRENT ASSETS|||||
|Debtors
Cash at bank|10||7,520
51,552|4,346
46,850|
||||59,072|51,196|
|CREDITORS|||||
|Amounts
falling due within one year|||(6,058)|(9,384)|
|NET CURRENT ASSETS|||53,014|41,812|
|TOTAL ASSETSLESSCURRENT|||||
|LIABILITIES|||346,f&01|344,769|
|NET ASSETS|||346,601|344,769|
|FUNDS|13||||
|Unrestricted
funds
Restricted
funds
Endowment
funds|||275,278
50,768
20,555|277,234
48,546
18,989|
|TOTAL FUNDS|||346,601|344,769|
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|||31/12/20|31/12/19|
|---|---|---|---|
|Fees||6,711|6,979|
|Clnlrch hire||245|3,815|
|Hall lettings||8,608|20,812|
|Magazine &|bookstall|230|663|
|Walsingham|Cell|389|3,555|
|Sundry
income||4,201|4,396|
|100+Club||3,263|2,447|
|||23,647|42,667|
|INVKSTMKNT INCOME||||
|||31/12/20|31/12/19|
|Dividends||16,067|17,093|
|Interest received||1,265|1,299|
|||17,332|18,392|
##
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##
||31/12/20|31/12/19|
|---|---|---|
|Adndnistration|1|1|
|Music|1|I|
##
##
|COMPARATIVES FOR THE STATEMENT|COMPARATIVES FOR THE STATEMENT|COMPARATIVES FOR THE STATEMENT|OF FINANCIAL|ACTIVITIES|||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total|
||||fund|fluids|fuutls|funds|
||||||f.||
|INCOME AND ENDOWMENTS||FROM|||||
|Donations
and legacies|||97,141|||97,141|
|Other trading activities|||40,220|2,447||42,667|
|hlvcstulcut
iuconlc|||13,061|3,864|1,467|18,392|
|Other income|||16,200|7,557||23,757|
|Total|||ICi(i,&)22|13,868|1,467|181,957|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Church
expenses|||163,114|7,643|649|171,406|
|Parish hall expenses|||6,724|||6,724|
|Music|||2,Ci31|5,735|77|8,443|
|OffIce costs|||(1,092)|||(1,092)|
|Other|||14,372|||14,372|
|Total|||185,749|13,378|72&i|199,853|
|Nct galas on Invcstnlcl|Its||959|||959|
|NET INCOME/(EXPENDITURE)|||(18,168)|490|741|(16,937)|
|Transfers
behveen
funds|||7,548|(7,548)|||
|Net movenlent
hl funds|||(10,Ci20)|(7,058)|741|(16,937)|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought|fomvard||287,854|55,604|18,248|361,706|
|TOTAL FUNDS CARRIED FORWARD|||277,234|48,546|18,989|344,769|
##
##
|||Flxturcs,|||||
|---|---|---|---|---|---|---|
|||fittings|||||
|||and|Mcn101lal|Heating|Ol'gun||
|||cqulpnlcntf|statue
f,|cquipmcnt|I'Cato l at le l I
f|Totals
f.|
|COST|||||||
|At|1 January 2020|67,646|29,372|37,107|321,607|455,732|
|Additions||755||||755|
|At|31December 2020|68,401|29,372|37,107|321,607|456,487|
|DEPRECIATION|||||||
|At|1 Janualy 2020|50,290|3,518|36,253|90,883|180,944|
|Charge for year||2,716|294|213|6,432|9,655|
|At|31 December 2020|53,006|3,812|36,466|97,315|190,599|
|NET BOOK VALUE|||||||
|At|31 Decenlber 2020|15,395|25,560|641|224,292|265,888|
|At|31 December 2019|17,356|25,854|854|230,724|274,788|
|FIXEDASSETINVESTMENTS|||||||
|||||||St.James's|
|||||||Place Unit|
|||||||T!'u st|
|||||||f.|
|MARKET VALUE|||||||
|At|1 January 2020|||||28,169|
|Revaluations||||||(470)|
|At|31 December 2020|||||27,699|
|NET BOOK VALUE|||||||
|At|31 December 2020|||||27,699|
|At|31 December 2019|||||28,169|
##
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##
##
|DEBTO|RS:AMOUNTS F|ALLING DUE W|ITHIN ONE Y|EAR|||
|---|---|---|---|---|---|---|
||||||31/12/20|31/12/19|
|||||||f,|
|Other debtors|||||7,344|4,170|
|Prepayments|||||176|176|
||||||7,520|4,346|
|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE||YEAR|||
||||||31/12/20|31/12/19|
||||||f.|f.|
|Taxation|and social security||||870|898|
|Other creditors|||||5,188|8,486|
||||||6,058|9,384|
|ANALYSIS OF NET ASSETS BETWEEN FUNDS|||||||
||||||31/12/20|31/12/19|
|||Unrestncted|Restricted|Endowment|Total|Total|
|||fund|funds|funds|funds|funds|
|||f.|f|f||f.|
|Fixed assets||253,137|12,751||265,888|274,788|
|lnvestnlents||11,539|6, 160|10,000|27,699|28,I69|
|Cunent|assets|15,329|31,857|11,886|59,072|51,196|
|Current|liabilities|(4,727)||(1,331)|(6,058)|(9,384)|
|||275,278|50,768|20,555|346,601|344,769|
##
##
##
|MOVEMENT|IN|FUN|DS||||||
|---|---|---|---|---|---|---|---|---|
||||||||Nct||
||||||||nlovcnlcut|At|
||||||At|I/I /20|In fluids|31/12/20|
|||||||f|f|f,|
|Unrestricted|funds||||||||
|General
fund|||||277,234||(1,956)|275,278|
|Restricted
funds|||||||||
|Upkeep||||||13,772|(624)|13,148|
|Lintlnvaite
Bequest||||||1,451|108|1,559|
|Garden||||||2,302|1,203|3,505|
|Friends ofSt|Mauhews||Music|||9,567|4,078|13,645|
|Piano||||||15,294|(2 543)|12,751|
|Music Foundation||||||6, 160||6,160|
|||||||48,546|2,222|50,768|
|Endolvment|funds||||||||
|Sunday School||||||7,524|1,090|8,614|
|Music||||||965|476|1,441|
|Donation
on Pennancnt|||Tnlst|||500||500|
|Marjorie Hart)veil||Legacy||||10,000||10,000|
|||||||18,989|1,566|20,555|
|TOTAL FUNDS|||||344,769||1,832|346,601|
|Net movement|in funds,||included|in the above are as folio)vs:|||||
|||||Inconung|Rcsourccs||Gains and|Movculcnt|
|||||resources|expended||losses|lu funds|
|||||f.||f.|f.|f.|
|Unrestricted|funds||||||||
|General
fund||||157,141|(158,627)||(470)|(1,95C))|
|Restricted
funds|||||||||
|Upkeep||||942||(1,566)||(624)|
|Lintlnvaite
Bequest||||1,824||(1,716)||108|
|Garden||||1,203||||1,203|
|Friends ofSt|Matthews||Music|9,063||(4,985)||4,078|
|Piano||||||(2,543)||(2,543)|
|||||13,032|(10,810)|||2,222|
|Endowment|funds||||||||
|Sunday School||||1,695||(C)05)||1,090|
|Music||||476||||476|
|||||2,171||(605)||1,566|
|TOTAL FUNDS||||172,344|(170,042)||(470)|1,832|
##
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##
##
|||||||Net|TI'an sfcIs||
|---|---|---|---|---|---|---|---|---|
|||||||nlovcnlcot|bctivemi|At|
|||||At|I/I/19|Iu fululs|funds|3 I/12/19|
|||||||f.||f,|
|Unrestricted|funds||||||||
|General
fund||||287,854||(18,1(i8)|7,548|277,234|
|Restricted
funds|||||||||
|Upkeep|||||16,690|(602)|(2,316)|13,772|
|Lintlnvaite
Bequest|||||5,76i6|(544)|(3,771)|1,451|
|Garden|||||1,139|1,163||2,302|
|Friends ofSt|Matthews||Ivhlsic||7,562|3,4Ci6|(1,461)|9,567|
|Piano|||||18,287|(2,993)||15,294|
|Music Foundation|||||6,160|||6,160|
||||||55,604|490|(7,548)|48,546|
|Endolvment|funds||||||||
|Sunday School|||||7,169|355||7,524|
|Music|||||579|386||965|
|Donation
on|Permanent||Trust||500|||500|
|Marjorie Hartwcil||Legacy|||10,000|||10,000|
||||||18,248|741||18,989|
|TOTAL FUNDS||||361,706||(16,937)||344,769|
|||||hl co nl Ing|Rcsoul'ccs|Gains and|Movement|
|---|---|---|---|---|---|---|---|
|||||resourcesf|cxpcnllcd
f.|losses
f.|Iu funds|
|Unrestricted||funds||||||
|General
flmd||||166,622|(185,749)|959|(18,168)|
|Restricted|funds|||||||
|Upkeep||||910|(1,512)||(di02)|
|Lintlnvaite|Bequest|||1,764|(2,308)||(544)|
|Garden||||1,163|||1,16i3|
|Friends ofSt||Matthews|Music|10,032|(6,5616)||3,466|
|Piano||||(I)|(2,992)||(2,993)|
|||||13,868|(13,378)||490|
|Endowment||funds||||||
|Slmday School||||1,004|(649)||355|
|Music||||463|(77)||386|
|||||1,467|(726)||741|
|TOTAL FUNDS||||181,957|(199,853)|959|(16,937)|
##
##
##
|||||||Net|Transfers||
|---|---|---|---|---|---|---|---|---|
|||||||nlovcnlcnt|benvcen|At|
||||||At I/I /19|lu funds|fluldS|3I/12/20|
|||||||f.|f.||
|Unrestricted||funds|||||||
|General|fund||||287,854|(20,124)|7,548|275,278|
|Restricted
funds|||||||||
|Upkeep|||||16,690|(1,226)|(2,316)|13,148|
|Lintlnvaite
Bequest|||||5,766|(436)|(3,771)|1,559|
|Garden|||||1,139|2,366||3,505|
|Friends ofSt||Matthews||Music|7,562|7,544|(1,461)|13,645|
|Plane|||||18,287|(5,536)||12,751|
|Music Foundation|||||6,160|||6,160|
||||||55,604|2,712|(7,548)|50,768|
|Endowlnent||funds|||||||
|Sunday School|||||7,169|1,445||8,614|
|Music|||||579|862||1,441|
|Donation|on|Penuanent||Tnlst|500|||500|
|Marjorie|Hartweli||Legacy||10,000|||10,000|
||||||18,248|2,307||20,555|
|TOTAL|FUNDS||||361,706|(15,105)||346,601|
|||||Inconung|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|ln funds|
||||||f,||f.|
|Unrestricted||funds||||||
|General fund||||323,763|(344,376)|489|(20,124)|
|Restricted|funds|||||||
|Upkeep||||1,852|(3,078)||(1,226)|
|Lintlnvaite|Bequest|||3,588|(4,024)||(436)|
|Garden||||2,366|||2,366|
|Friends ofSt||Matthelvs|Music|19,095|(11,551)||7,544|
|Piano||||(I)|(5,535)||(5,536)|
|||||26,900|(24,188)||2,712|
|Endowment||funds||||||
|Sunday School||||2,Ci99|(1,254)||1,445|
|Music||||939|(77)||862|
|||||3,Ci38|(1,331)||2,307|
|TOTAL FUNDS||||354,301|(369,895)||(15,105)|
##
##
##
||Account|Funds|||Usage|
|---|---|---|---|---|---|
|Hussey Residual|1019F|Unrestricted|Clulrch|nuuling|expenses|
|Hussey Clnnch &Organ|1018F|Ulli cstrlctcrt|Chal'ch|Iunnlllg|cxpcnscs|
|Canon Hussey Bcqucst|11488|Unrcstricted|Clmrch|nmning|expenses|
|Sunday School|12988|Endolvment||See|belolv (a)|
|Lintlnvaite
Bequest|11988|Restricted||Clergy|expenses|
|Hussey Garden (Memorial)|10678|Restricted|Gl'ouncls
alii||lnlcn'ulcc|
|Hussey Garden|13538|Restricted|Grounds
nlalintcnance|||
|Hussey Music|13548|Ellilo ivlucllt||See|belolv (b)|
##
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##
||||Detailed Statement oft l
For The Year Ended 31|nancial
Activities
December 2020||
|---|---|---|---|---|---|
|||||31/12/20|31/12/19|
|||||f||
|INCOME AND||ENDOWMENTS||||
|Donations
and|legacies|||||
|Giving||||69,077|71,873|
|Collections||||804|5,545|
|Donations||||29,178|8,795|
|Fund raising||||1,284|10,928|
|||||100,343|97,141|
|Other trading|activities|||||
|Fees||||6,711|6,979|
|Church
hire||||245|3,815|
|Hall lettings||||8,608|20,812|
|Magazine &bookstall||||230|663|
|Walsuigham
Cell||||389|3,555|
|Sundry income||||4,201|4,396|
|100+Club||||3,263|2,447|
|||||23,647|42,667|
|Investntent
income||||||
|Dividends||||16,067|17,093|
|Interest received||||1,265|1,299|
|||||17,332|18,392|
|Charitable
activities||||||
|Grants||||di,39Ci||
|Other tnconte||||||
|Rent ofproperties||||7,266|5,680|
|Phone mast||||11,572|10,520|
|Friends ofSt Matthews|||Music|5,788|7,557|
|||||24,626|23,757|
|Total incomhtg||resources||172,344|181,957|
|EXPENDITURE||||||
|Charitable
activities||||||
|Wages||||34,082|29,236|
|Social security||||1,130||
|Pelisioiis||||1,352||
|Events &trips||||1,091|4,178|
|Carried forward||||37,655|33,414|
##
||||||Detailed Statement|ofFinancial|Activities|Activities|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||For The Year Emled 31 Decnnber|||2020|||
||||||||||31/12/20|31/12/19|
||||||||||f||
|Charitable
activities|||||||||||
|Brought fonvard|||||||||37,655|33,414|
|Diocesan Common|Fund||||||||60,283|68,586|
|Vicar's expenses|||||||||1,716|2,308|
|Fees|||||||||3,434|4,501|
|Church
repairs|||||||||3,572|2,236|
|Church gas|||||||||2,634|6,565|
|Clnlrch electricity|||||||||8,525|7,698|
|Church
insurance|||||||||10,415|11,100|
|Sanctuary &chancel|||||||||1,219|1,706|
|Parish centre repairs|||||||||1,131|2,759|
|Parish centre gas|||||||||2,838|3,670|
|Parish centre electricity|||||||||1,214|1,098|
|Parish centre vvater|||||||||1,033|396|
|Cleaning &materials|||||||||2,815|4,360|
|Printing,
post &computer|||||||||5,124|7,255|
|Telephone,
fax &broadband|||||||||1,865|2,045|
|Depreciation|||||||||3,224|3,771|
|Grounds
maintenance|||||||||1,566|1,512|
|Choir|||||||||1,238|1,740|
|Organists
fee, honoraria|||&nuisic|conuulssloll|||||750|1,077|
|Organ maintenance|||||||||2,105|2,595|
|Organ restoration
depreciation|||||||||Ci,432|6,432|
|Friends ofSt Mattheivs||Iuusic|||||||4,385|6,016|
|Plane||||||||||120|
|100+club|||||||||600|550|
|Sunday school &mums|||and tots|expenses|||||605|649|
|Donations
to charities||||||||||182|
||||||||||166,378|184,341|
|Other|||||||||||
|Bookstall &magazine|||||||||84|91|
|Sundries|||||||||845|1,646|
|Subscriptions|||||||||427|455|
|Professional
fees|||||||||1,086|11,813|
|PRS costs|||||||||82|367|
||||||||||2,524|14,372|
|Support costs|||||||||||
|Governance
costs|||||||||||
|Accountancy
and|legal||fees||||||1,140|1,140|
|Total resources expended|||||||||170,042|199,853|
|Net income/(expenditure)|||before||gains and||||||
|losses|||||||||2,302|(17,896)|
##
##
||For The Year Ended 31Decem|ber 2020||
|---|---|---|---|
|||31/12/20|31/12/19|
||||f.|
|Realised recognised|gains and losses|||
|Realised gains/(losses)|on fixed asset investmcnts|(470)|959|
|Net income/(expenditure)||l,g32|( 16,937)|