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2020-12-31-accounts

Jacob Cavenagh Jacob Cavenagh &Skeet
Statutory Auditor
Chartered Accountants

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds 2020 funds funds 2019
Note F f
Income from:
Donations
and legacies
Donations 203,038 15,932 218,970 197,585 10,051 207,636
Grants 2,000 2,000 4,558 4,558
Charitable
activities
Spill The Beans Cafe 4,159 4,159 16,542 16,542
Lettings 42,700 42,700 74,263 74,263
Other income
Coronavirus
Job Retention
Scheme 10,103 10,103
Total income 260,000 17,932 277,932 288,390 14,609 302,999
Expenditure
on:
Charitable
activities
Activities organised
by the
church 292,115 1,110 293,225 316,662 8,120 324,782
Donations
to support activities
by others 28,470 13,312 41,782 36,074 4,983 41,057
Total expenditure 320,585 14,422 335,007 352,736 13,103 365,839
Net income/(expenditure) (60,585) 3,510 (57,075) (64,346) 1,506 (62,840)
Gross transfers
between
funds
Net movement
in funds
(60,585) 3,510 (57,075) (64,346) 1,506 (62,840)
Reconciliation
offunds
Funds brought
forward
at 1
January 2020 3,259,099 4,003 3,263,102 3,323,445 2,497 3,325,942
Funds carried forward at 3,198,514 7,513 3,206,027 3,259,099 4,003 3,363,102
31 December 2020

d
using the following
assumpt
ions
set by
reference to the duration ofthe d eficit re
Accounting
date
2020 2019 2018
Discount rate 0.4 /0 1.7/0 2.4 /0
Future increases to Minimum Pensionable Income 3.0/0 3.2/0 3.3/0

Balance at
1January
2020
Income Expenditure Transfers Balance at31
December
2020
General fund 114,136 260,000 (257,782) (14,551) 101,803
Pension provision fund (38,785) 14,551 (24,234)
Designated fixed assets fund 3,183,748 62,803 3,120,945
3,259,099 260,000 320,585 3,198,514
Balance at31
Balance at
1January
Income Expenditure Transfers December
2019
2019
General fund 112,955 288,390 (280,869) (6,340) 114,136
Pension provision fund (41,295) 2,510 (38,785)
Designated Tithe fund 8,000 (8,000)
Designated fixed assets fund 3,243,785 63,867 3,830 3,183,748
3,323,445 288,390 352,736 3,259,099

2020 Fixed Net current Long term Total
assets assets liabilities
Restricted funds 7,513 7,513
Unrestricted funds 3 120945 101803 ~24 234 3198514
1Q9.315 ~24234
2019 Fixed Net current Long term Total
assets assets liabi%ties
Restricted funds 4,003 4,003
Unrestricted funds 3 183748 114138 ~38785 3259099
131LL'39 ~3!LZ85