|||||Page|
|---|---|---|---|---|
|Vicar's Report|||1to2||
|Operating
and Financial||Review|3to4||
|Report ofthe|Trustees||Sto7||
|Independent|Examiner's|Report|||
|Statement of|Financial Activities||||
|Balance Sheet|||10||
|Statement of|Cash Flows||||
|Notes to the Financial Statements|||12to 18||
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|the Churc|Representation
Rules, or co|-opted by the|PCC. During|the year, the following
s|erved as mem|
|---|---|---|---|---|---|
|Exofficio|members|||||
||Revd Frank Scammell|Incumbent|||choirman|
||Revd Sophie Chatten|Curate||||
||Revd Rupert Masters|OLM||||
||Sarah King|Churchwarden|||vice chair|
||Paul Franklin|Churchwarden||||
||Asator Ghazarians|Elected|Representative|on Deanery Synod||
||Mike Levick (Secretary)|Elected|Representative|on Deanery Synod||
||Chris Jackson|Elected|Representative|on Deanery Synod||
||Philippa Skinner|Elected|Representative|on Deanery Synod (to|Oct 2020)|
||Natalie Galer
Lois Cook|Elected
Elected|Representative
Representative|on Deanery Synod (from Oct 2020)
on Deanery Synod (from Oct 2020)||
||Richard
Horn|Licensed|Lay Minister|(Reader)||
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||||Unrestricted|Restricted|31.12.20|31.12.19|
|---|---|---|---|---|---|---|
||||Funds|Funds|Total funds|Total funds|
||||f|f|||
|INCOMING RESOURCES|||||||
|Incoming resources from generated|funds||||||
|Voluntary
income||2|283,820|81,849|365,669|356,648|
|Investment
income||3|1,211|16|1,227|1,887|
|Incoming resources from charitable|activities||||||
|Church
activities||4|46,561|83,334|129,895|171,720|
|Total incoming resources|||331,592|165,199|496,791|530,255|
|RESOURCES EXPENDED|||||||
|Charitable
activities costs|||||||
|Church activities|||227,977|163,430|391,407|477,598|
|Support costs|||127,943|2,338|130,281|112,625|
|Governance costs|||600||600|700|
|Total resources expended|||356,520|165,768|522,288|590,923|
|NET (OUTGOING) I INCOMING RESOURCES|||(24,928)|(569)|(25,497)|(60,668)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||862,039|87,547|949,586|1,010,254|
|TOTAL FUNDS CARRIED FORWARD|||837,111|86,978|924,089|949,586|
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||||Unrestricted|Restricted|31.12.20|31.12.19|
|---|---|---|---|---|---|---|
||||Funds|Funds|Totalfunds|Total funds|
|||Notes|||||
|FIXEDASSETS|||||||
|Tangible fixed assets|||695,675||695,675|576,421|
|CURRENT ASSETS|||||||
|Stock||10|5,529||5,529|4,332|
|Debtors|||54,876||54,876|47,242|
|Cash at bank|and in hand||123,051|87,131|210,182|343,151|
||||183,456|87,131|270,587|394,725|
|CREDITORS|||||||
|Amounts
falling due within one year||12|(41,655)|(153)|(41,808)|(21,162)|
|NET CURRENT ASSETS|||141,801|86,978|228,779|373,563|
|TOTAL ASSETS|LESSCURRENT LIABILITIES||837,476|86,978|924,454|949,984|
|CREDITORS|||||||
|Amounts
falling|after more than one year|13|(365)||(365)|(398)|
|NET ASSETS|||837,111|86,978|924,089|949,586|
|FUNDS|||||||
|Unrestricted|funds|15|||837,111|862,039|
|Restricted
funds|||||86,978|87,547|
|TOTAL FUNDS|||||924,089|949,586|
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|||||31.12.20||
|---|---|---|---|---|---|
|Net cash generated
by||||||
|operating
activities (Note 16)||||(4,212)||
|Cash flows from investing activities:||||||
|Interest|||1,227||1,887|
|Additions to fixed assets|||(129,950)||(11,962)|
|Net cash used by investing|activities|||(128,723)||
|Cash flows from financing activities:||||||
|Repayment
of borrowings|||(33)||(31)|
|Net cash used by financing|activities|||(33)||
|Change
in cash and cash equivalents||in the year||(132,968)||
|Cash and cash equivalents|brought|forward||343,151||
|Cash and cash equivalents|carried forward|||210,183||
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|VOLUNTA|R|Y|INCOME|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||31.12.20||31.12.19|
|||||Unrestricted||Restricted||||
|||||funds||funds|Totalfunds||Total funds|
|Standing|orders||||4,462||4,462||6,971|
|Tax efficient|||giving||195,992||195,992||180,286|
|Income tax|||recoverable||48,234||48,234||51,722|
|Collections|||||2,035||2,035||8,342|
|Sundry donations|||||18,942||18,942||13,248|
|Legacies|||||||||3,791|
|Grants|||||14,155||14,155|||
|Missionary|||income|||67,266|67,266||80,528|
|Hardship|Fund Income|||||14,583|14,583||11,760|
||||||283,820|81,849|365,669||356,648|
|INVESTMENT INCOME||||||||||
||||||||31.12.20||31.12.19|
|||||Unrestricted||Restricted|Total||Total|
|||||funds||funds|funds||funds|
||||||||E||E|
|Dividends||and interest|||1,211|16|1,227||1,887|
|INCOMING|||RESOURCES FROM|CHARITABLE|ACTIVITIES|||||
||||||||31.12.20||31.12.19|
||||||||Church||Church|
||||||||activities|0|activities|
||||||||E||E|
|Fair trade|shop||||||12,558||30,886|
|Coffee shop|||||||10,025||23,766|
|Little Stars||Pre-School fees and||SCCfunding|||83,334||84,759|
|Wedding|and funeral fees||||||6,391||6,519|
|Church complex lettings|||||||17,587||25,790|
||||||||129,895||171,720|
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|---|---|---|---|---|---|---|---|---|---|
|S.|CHARITABLE|ACTIVITIES COSTS|||||31.12.20|31.12.19||
||||||||Direct costs|Direct|costs|
|||||||||E||
||Church activities||||||391,407|477,598||
||Support costs are as follows:|||||||||
||||||Unrestricted|Restricted|31.12.20|31.12.19||
||||||funds|funds|Total funds|Total funds||
||Administrative|staff salary|||36,279||36,279||28,648|
||Telephone||||2,523||2,523||1,337|
||Postage and|delivery|||300||300||58|
||Printing and|copying|||7,424||7,424||8,258|
||Sundry||||9||9||156|
||Complex cleaning and||utilities||35,060|2,338|37,398||38,674|
||Insurance||||5,604||5,604||5,496|
||Repairs and maintenance||||27,402||27,402||18,084|
||Bank charges||||1,037||1,037||1,252|
||Depreciation|ofchurch|equipment||10,697||10,697||10,640|
||Legal and professional||fees||1,589||1,589|||
||Mortgage interest||||19||19||22|
||||||127,943|2,338|130,281|112,625||
|6.|GOVERNANCE
COSTS|||||||||
||||||Unrestricted|Restricted|31.12.20|31.12.19||
||||||funds|funds|Total funds|Total funds||
||||||||f|f||
||Independent|examination||fee|600||||700|
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|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
||Freehold|Church||
||property|equipment|Totals|
||E|E||
|COST||||
|At 1January 2020|554,510|121,238|675,748|
|Additions|128,219|1,731|129,950|
|At 31December 2020|682,729|122,969|805,698|
|DEPRECIATION||||
|At 1January 2020||99,327|99,327|
|Charge for year||10,696|10,696|
|At 31December 2020||110,023|110,023|
|NET BOOK VALUE||||
|At 31December 2020|682,729|12,946|695,675|
|At 31December 2019|554,510|21,911|576,421|
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||||||||
|---|---|---|---|---|---|---|
|10.|STOCKS||||||
||||||31.12.20|31.12.19|
||||||f|f|
||Stocks||||5,529|4,332|
|11.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||31.12.20|31.12.19|
||||||f|f|
||Other debtors||||54,876|47,242|
|12|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||
||||||31.12.20|31.12.19|
||||||f|f|
||Mortgage||||54|54|
||Trade creditors||||25,249|4,410|
||Taxation|and social security||||2,841|
||Other creditors||||16,505|13,857|
||||||41,808|21,162|
|13.|CREDITORS: AMOUNTS|||FALLING DUE AFTER MORE THAN ONE YEAR|||
||||||31.12.20|31.12.19|
||||||f|f|
||Mortgage||||365|398|
||Amounts|falling due in|more than five years:||||
||Repayable|by instalments:|||||
||Mortgage|more than 5|year by instalments||161|215|
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|The following s|ecur|ed debts are|included|within creditors:||||
|---|---|---|---|---|---|---|---|
|||||||31.12.20|31.12.19|
|||||||E|f|
|Mortgage||||||418|452|
|The mortgage
issecured on the|||freehold|property of81Worplesdon
Road.||||
|MOVEMENT IN|FUNDS|||||||
|||||||Net||
|||||||movement
in||
|||||At|1.1.20|funds|At31.12.20|
||||||E||E|
|Unrestricted
funds||||||||
|General
Fund|||||862,039|(24,928)|837,111|
|Restricted funds||||||||
|Little Stars Pre-School|||||57,510|(2,861)|54,649|
|The Mission and Charity account|||||28,404|2,292|30,696|
|Vicars Discretionary||account|||1,633||1,633|
||||||87,547|(569)|86,978|
|TOTAL FUNDS|||||949,586|(25,497)|924,089|
|Net movement|in funds, included||in the|above are as follows:||||
|||||Incoming||Resources|Movement
in|
|||||resources||expended|funds|
|Unrestricted
funds||||||E|E|
|General
Fund|||||331,592|(356,520)|(24,928)|
|Restricted funds||||||||
|Little Stars Pre-School|||||83,350|(86,211)|(2,861)|
|The Mission and|Charity account||||81,849|(79,557)|2,292|
||||||165,199|(165,768)|(569)|
|TOTAL FUNDS|||||496,791|(522,288)|(25,497)|
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||||31.12.20|31.12.19|
|---|---|---|---|---|
|Net movement
in|funds||(25,497)|(60,668)|
|Adjustments
for:|||||
|Depreciation
charges|||10,696|10,639|
|Dividends,
interest|and rents from investments||(1,227)|(1,887)|
|Decrease / (Increase)
in stocks|||(1,197)|2,000|
|(Increase)/decrease|in debtors||(7,634)|(13,172)|
|(Decrease) / increase
in creditors|||20,647|(14,811)|
|Net cash provided|by (used in) operating|activities|(4,212)|(77,899)|
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