2020-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St. Augustine, Broxbourne With St. Laurence, Wormley

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

TrusteesReport	3-9
IndependentExaminersreport	10
StatementofFinancialActivities	11
Balancesheet	12
NotestotheFinancialStatements	13-22

eferenceandAdministrati	on
Addressfor	TheParishOffice
correspondence:	StAugustine'sParishCentre,
	Churchfields,
	Broxbourne,EN107AU
CharityNumber	1130305
Trustees:	*DenotesDeanerySynodRepresentative
Incumbent	RevdCharlesHudson
Curate	RevdGrantFensome
Readers	RaySlade
	AnneSentance*
Churchwardens	LindaHood
	JackieKing
	BrianBarton
Secretary	EsterLuscombe
HonoraryTreasurer	ElizabethPerryACA
Otherelected/co-opted	LorrettaAllen
members	JanetBourne(appointed21October2020)
	TomCastley(until21October2020)
	AliciaChasteII
	DeniseClark(until21October2020)
	SamEvans(appointed21October2020)
	TonyFleetwood*
	JanetMcMillan
	JamesFreer(until21October2020)
	GeoffreyGreen(until21October2020)
	ChrisHouse
	JudithHyde(until21October2020)
	RosKettle(until21October2020)
	DorisMutegi
	LisaNaylor*
	RichardRoberts
	WendyStewart(appointed21October2020)
	GillianWalker
	RhonaWard
	TrevorWheelhouse(appointed21October2020)
	TonyWright(appointed21October2020)
Website	www.broxbournewithwormley.org.uk
IndependentExaminer	MrJohnEkeFCIE
	168DragonRoad,
	Hatfield,
	AL109NZ
Bankers	BarclaysBankplc
	51HighSt,Hoddesdon,EN118TG

STATEMENTOFFINANCIALACT	IVITIESF	ORTHEYEARENDED31	ORTHEYEARENDED31	stDECEMB	stDECEMB	ER2020*
		UnrestrictedFunds		Restricted		TotalFunds	*TotalFunds*
	Note	General	Designated		funds	2020	*2019*
							£
IncomeandEndowments DonationsandLegacies ChurchActivities OthertradingActivities InvestmentsandProperty TOTALINCOME	4	137,867 16,215 94 154,176	2,822 2,181 5,003		48,785 48,785	189,474 16,215 2,181 94 207,964	*282,588* *33,176* *15,750* *100* *331,614*
Expenditure	6
FundRaising ChurchActivities TOTALEXPENDITURE		141,527 141,527	26,571 26,571		53,414 53,414	221,512 221,512	*297,410* *297,410*
Netincome/(expenditure)		12,649	(21,568)		(4,629)	(13,548)	*34,204.*
InvestmentGains/losses		9,550				9,550	*18,083*
Propertyrevaluation
TransfersbetweenFunds		(112)	112
NETMOVEMENTINFUNDS		22,087	(21,456)		(4,629)	(3,998)	52,287
RECONCILIATIONOFFUNDS Totalfundsbroughtforward Totalfundscarriedforward		87,502 109,589	591,773 570,317		14,484 9,855	693,759 689,761	641,472 693,759

THEPARISHOFBROXBOURNEWITHWORMLEY Financialstatementsfortheyearended31December2020 NotestotheFinancialStatements BALANCESHEETASAT31STDECEMBER2020
	Note	2020	2019
FixedAssets	9	E	f
Tangibleassets Investments		500,000 102,961	500,000 93,411
		602,961	593,411
CurrentAssets
Shortterminvestments	10	307	306
Debtorsandprepayments CashatBankandinHand	11	33,263 73,294	36,605 75,766
DepositsandBursaries
TotalCurrentAssets		106,864	112,677
Creditorsamountsfallingduewithinoneyear	12	15,564	5,829
NETCURRENTASSETS		91,300	106,848
TOTALASSETSLESSCURRENTLIABILITIES		694,261	700,259
Creditors:Amountsfallingdueaftermorethanoneyear	12	4,5CO	6,500
NETASSETS		689,761	693,759
FUNDS
Unrestricted
General		109,539	87,502
Designated		570,317	591,773
Restricted		9,855	14,484
TOTALFUNDS		689,761	693,759

	Unrestricted		Restricted	TotalFunds	TotalFunds
	General	Designated	Funds	2020	2019
	E	E	E	E	£
DonationsandLegacies
Plannedgiving	102,665			102,665	104,998
GiftAid	20,890			20,890	36,031
Collections	4,060			4,060	7,927
DonationsandBequests	4,821	2,822	1,609	9,252	67,916
Missionandoutreach	-
Grants(note5)-
Staffcosts	4,618		1,048	5,666	19,395
Buildings	813		46,128	46,941	43,272
Soundsystem/Defibrillator					3,050
	137,867	2,822	48,785	189,474	*282,588*
Churchactivities
Feesforweddingsetc	11,036			11,036	13,778
Magazines	1,861			1,861	2,339
Generalfundraising	43			43	11,610
Insuranceclaims	3,275			3,275
Rhymetime/Alpha	-			-	306
Tuesdaysat2					1,424
Miscellaneous					3,719
	16,215			16,215	33,176
Othertradingactivities;
Parishcentrelettings		1,941		1,941	6,010
Churchroomslettings		240		240	9,740
		2,181		2,181	*15,750*
Investmentandproperty
Banksandinvestmentsinterest	94			94	100
	154,176	5,003	48,785	207,964	*331,614*

	2020	2019
	£
Staffcosts
HMRCJobRetentionScheme	4,618
StJamesGrowthFund		17,667
StAlbansDiocese	1,043	1,728
	5,666	19,395
Buildingcosts
FOSTA	15,000
VicarandChurchwardensFund	15,000	12,750
DCMSHistoricPlacesofWorship	9,441	25,479
BedsAndHertsHistoricchurches	7,500	543
BroxbourneBoroughCouncilLocalityBudgetScheme		4,500
	46,941	43,272
Defibrillator
VicarandChurchwardensFund		3,000
FOSTA		50
		3,050
	52,607	65,717

	Unrestricted	Funds		Total	Total
	General	Designated	Restricted	2020	2019
	E	E	E	C	f
Fundraising					391
SummerFair
ChurchActivrtres
Missionandcharity donations
Missionsocieties
Reliefagencies					2,764
Educationandyouthwork Other	(356) (356)			(356) (356)	2,583 5,347
Activitiesdirectlyrelatedtotheworkofthechurch Parishshare 98,232 Clergyandstaffexpenses 1,229 Safeguarding 15 Churchservices 4,035 Insuranceandutilities 15,718 Feesrelatedtoweddingsetc 5,022 Churchrepairsandmaintenace 2,389 Parishcentre StLaurenceChurchrooms		6,260 1,927 17,840	52,366	98,282 1,229 15 4,035 15,718 5,022 61,015 1,927 17,840	115,484 3,389 21 8,579 21,806 7,295 84,790 5,968 1,076
Localoutreach Magazinesandpublications Tuesdaysat2	187	432		187 432	133 1,296
Other	126,877	26,459	52,366	205,702	249,837
Churchmanagement,administrationanddevelopment ParishOffice/Administration 4,650 Staffcosts 10,356 Property-15TrafalgarAvenue 15,006		112 112	1,048 1,048	4,650 11,404 112 16,166	6,496 22,885 12,453 41,834
	141,527	26,571	53,414	221,511	*297,410*

		Financial	Total	*Total*
	Property	Investments	2020	*2019*
	£	£	f	£
Balanceasat1 January2020	500,000	93,411	593,411	*600,328*
Disposalsatrealisedvalue				*(25,000)*
Gainonrevaluation		9,550	9,550	*18,083*
Valueasat31December2020	500,000	102,961	602,961	593,411

10.SHORTTERMDEPOSITS
	2020	*2019*
	£	£
CBFDepositFund- General	170	*171*
CBFDepositfund- OrganFund	137	135
	307	*306*

	2020	2019
	£	£
IncomeTaxrecoverable	22,317	36,000
DCMSHistoricPlacesofWorshipGrants	8,628
HMRCJobretentionscheme	560
Prepayments	596	535
OtherDebtors	1,162	70
	33,263	_36,605 _

12.CREDITORS
	2020	*2019*
Amountsfallingduewithinoneyear
Deferredincome
Creditorsforgoodsandservices	11,764	*2268*
Othercreditors	1,800	*1,561*
DiscretionaryLoan	2,000	*2,000*
	15,564	*5,829*
Amountsfallingdueafermorethanoneyear
DiscretionaryLoan	4,500	*6,500*

	Balanceasat	Income	Expenditure	Revaluations	Transfers	Balanceasat
	01/01/2020					31/12/2020
	£	£	£	£	£	£
Generalfund	87,502	154,176	141,527	9,550	(112)	109,589
DesignatedFunds Property-15TrafalgarAvenue BroxbourneParishCentre	500,000 3,692	1,942	112 1,927		112	500,000 3,706
WormleyChurchRooms StAugustineRepairs StLaurenceRepairs RhymeTime/Alpha Tuesdays@2 TotalDesignatedFunds	26,490 48,201 9,843 2,949 597 591,773	240 1,310 1,511 5,003	17,840 5,660 600 432 26,571		112	8,889 43,851 10,754 2,949 165 570,317
RestrictedFunds
MissionsandCharities	(1,078)	1,549				471
StAugustine'sorganfund	4,455					4,455
ParishDevelopmentworkers		1,048	1,048
WestTowerProject						-
WestWindowProject	11,107	46,188	52,366			4,929
TotalRestrictedFunds	14,484	48,785	53,414			9,855
TOTALFUNDS	693,759	207,964	221,512	9,550		689,761

		UnrestrictedFunds	UnrestrictedFunds	Restricted	TotalFunds	*TotalFunds*
	Note	General	Designated	funds	2019	*2018*
		£	£	£	£	£
IncomeandEndowments	4
DonationsandLegacies ChurchActivities		150,325 20,770	70,924 12,406	61,339	282,588 33,176	*283,534* *37,959*
OthertradingActivities InvestmentsandProperty		- 100	15,750		15,750 100	*18,267* *121*
TOTALINCOME		171,195	99,080	61,339	331,614	*339,881*
Expenditure	6
FundRaising ChurchActivities		179,181	65,472	52,757	297,410	*373,921*
TOTALEXPENDITURE		179,181	65,472	52,757	297,410	*373,921*
Netincome/(expenditure)		(7,986)	33,608	8,582	34,204	*(34,040)*
InvestmentGains/losses		18,083			18,083	1,214
Propertyrevaluation						303,656
TransfersbetweenFunds		297	3,846	(4,143)
NETMOVEMENTINFUNDS		10,394	37,455	4,439	52,287	270,830
RECONCILIATIONOFFUNDS Totalfundsbroughtforward Totalfundscarriedforward		77,109 87,502	554,318 591,773	10,045 14,484	641,472 693,759	370,642 641,472