2020-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Ss Mary And Thomas Of Canterbury, Wymondham With Silfield And Spooner Row

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			Page
Report ofthe Trustees		1	to	6
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		10	to	22
Detailed Statement ofFinancial Activities		23	to	24

ForThe Year Ended	3	1stDecem	ber 202	0
							31/12/20	31/12/19
				Unrestricted	Restricted	Endowment	Total	Total
			Notes	funds 5	funds f	funds	funds 8	fundsf
INCOME AND ENDOWMENTS
FROM
Voluntary income			2	71,461	161,551		233,012	164,217
Activities for generating		funds		13,937			13,937	49,508
Investment income				1,077			1,077	59
Church activities				615			615	19,709
Total				87,090	161,551		248,641	233,493
EXPENDITURE ON
Raising funds				20			20	12,046
Charitable activities
Church activities				151,626	166,624		318,250	273,528
Total				151,646	166,624		318,270	285,574
Net gains on investments				13,198		1,042	14,240	37,705
NET INCOME/(EXPENDITURE)				(51,358)	(5,073)	1,042	(55,389)	(14,376)
RECONCILIATION	OF	FUNDS
Total funds brought	forward			230,926	76,490	15,090	322,506	336,882
TOTAL FUNDS CARRIED
FORWARD				179,568	71,417	16,132	267,117	322,506

Balance Sheet 31stDecember 2020
					31/12/20	31/12/19
		Unrestricted	Restricted	Endowment	Total	Total
	Notes	funds	funds f	fundsf	funds f	fundsf
FIXEDASSETS
Tangible assets Investments	11 12	129,153		16,132	145,285	45,186 219,980
		129,153		16,132	145,285	265,166
CURRENT ASSETS
Stocks Debtors	13 14	6,079 50	105,234		6,079 105,284	6,079 23,836
Cash at bank		94,341	35,098		129,437	131,658
		100,470	140,330		240,800	161,573
CREDITORS
Amounts falling due within one year	15	(50,055)	(68,913)		(118,968)	(104,233)
NET CURRENT ASSETS		50,415	71,417		121,832	57,340
TOTAL ASSETSLESS
CURRENT LIABILITIES		179,568	T1,417	16,132	267,11T	322,506
NETASSETS		179,568	71,417	16,132	267,117	322,506
FUNDS	17
Unrestricted funds					179,568	230,926
Restdicted funds					71,417	76,490
Endowment funds					16,132	15,090
TOTALFUNDS					267,117	322,506

ACTIVITIES F	OR		GE	NERATIN	G FUNDS	G FUNDS
					Unrestdicted			Unrestricted
					Funds f		Total 2020 E	Funds f		Total 2019 6
Parish magazine		and
bookshop						29	29		685	685
Abbey bookshop					2,771		2,771	24,	357	24,357
Use ofchurch	building			and
Abbey Hall hire					4,611		4,611	11,053		11,053
Weddings, funerals cremations			and		6,343		6,343	13,413		13,413
Other						183	183
					13	937	13937	49	508	49508
INVESTMENT	INCOME
									31/12/20		31/12/19
										f
Deposit account interest										1,077	59
RAISING FUNDS
Other trading	activities
									31/12/20 f		31/12/19 f
Costs offetes	and		other events							20	12,046

CHARITABLE ACTIVITIE	S COSTS
	Unrestricted	Restricted	Total	Unrestncted		Restricted
	Funds	Funds	2020	Funds		Funds	Total 2019
	E	E	F.	f		E	E
Parish Share	6,209		6,209	108,007			108,007
Grants (Note 7)
-Overseas Missions					80		80
- Home Missions		1,324	1,324			1,261	1,261
Abbey book shop	1,684		1,684		8,038		8,038
Abbey Hall
-Heat, light and water					230		230
- lnsurances	1,596		1,596
-Repairs and Maintenance	1,755		1,755		892		892
- Utilities	1,538		1,538
Home mission	12,427	2,212	14,639
Clergy expenses	138		138		1,724		1,724
Church running expenses
-Depreaation on computer
equipment		45,187	45,187			11,296	11,296
- Heating, light and water - Insurances	10,677 607	9,928	10,677 10,535	10,901 7,316			10,901 7,316
—Maintenance and
cleaning	7,777	2,873	10,650	14,965		4,556	19,521
- Major repairs (structure)	367	2,082	2,449
- Major repairs (installation)	15,184	79,760	94,944
Upkeep ofservices	7,614	10,530	18,144	16,883		248	17,131
Salaries and support costs
-Salaries/honoraria/staff	42,934	9,616	52,550	45,320		2,842	48,162
- Education and training	1,691		1,691		3,818		3,818
-Professional fees	7358	2,760	10,118		7,456		7,456
Church administration	17,057	352	17,409	12,096		75	12,171
Rent	4,680		4,680		2,400		2,400
Bank charges and fees	2,305		2,305		1,761		1,761
Governance costs
-Treasurer	4,728		4,728		8,063		8,063
-Independent examiner's
remuneration	3,300		3,300		3,300		3,300
	151626	166624	318250	253250		20278	273528
GRANTS PAYABLE
						31/12/20	31/12/19
							E.
Church activities						1,324	1,341

31st December 2019	.
STAFF COSTS
								31/12/20	31/12/19
								E	f
Wages and salaries								52,550	48,162
								52,550	48,162
The average monthly	number of		employees		during	the year was as	follows:
								31/12/20	31/12/19
Staff								5	7
No employees received		emoluments		in excess of		f60,000.
COMPARATIVES FOR		THE STATEMENT			OF FINANCIAL ACTIVITIES
						Unrestricted	Restricted	Endowment	Total
						funds f	funds	funds 8	fundsf
INCOME AND ENDOWMENTS			FROM
Voluntary income						96,552	67,665		164,217
Activities for generating		funds				49,508			49,508
Investment income						59			59
Church activities						19,709			19,709
Total						165,828	67,665		233,493
EXPENDITURE ON
Raising funds						11,436	610		12,046
Charitable activities
Church activities						253,250	20,278		273,528
Total						264,686	20,888		285,574
Net gains on investments						35,325		2,380	37,705
NET INCOME/(EXPENDITURE)						(63,533)	46,777	2,380	(14,376)
Transfers between	funds					(3,911)	3,911
Net movement in funds						(67,444)	50,688	2,380	(14,376)
RECONCILIATION	OF	FUNDS
Total funds brought	forward					298,370	25,802	12,710	336,882
TOTAL FUNDS CARRIED FORWARD						230,926	76,490	15,090	322,506

TANGIBLE FIXEDASSETS
	Computer
	equipment f
COST
At 1stJanuary 2020 and
31stDecember 2020	56,482
DEPRECIATION
At 1stJanuary 2020	11,296
Charge for year	45,186
At 31stDecember 2020	56,482
NET BOOK VALUE
At 31stDecember 2020
At 31stDecember 2019	45,186

FIXEDASSET INVESTMENTS
	Listed
	investments
	6
MARKET VALUE
At 1stJanuary 2020	219,980
Disposals	(88,871)
Revaluations	14,176
At 31stDecember 2020	145,285
NET BOOK VALUE
At 31stDecember 2020	145,285
At 31stDecember 2019	219,980

STOCKS
			31/12/20	31/12/19
			f	6
Shop stock			6,079	6,079
DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
			31/12/20	31/12/19
			f	6
Trade debtors			95,296	19,000
Other debtors			50	4,836
Prepayments	and accrued income		9,938
			105,284	23,836

CREDITORS:	AMOUNTS	FALLING DUE WITHIN ONE YE	AR
					31/12/20	31/12/19
					5
Bank loans and	overdrafts	(see note 16)			45,316
Trade creditors					64,160	17,300
Taxation and social security					212
Other creditors					9,280	86,933
					118,968	104,233
LOANS
An analysis ofthe maturity		of loans is given below:
					31/12/20	31/12/19
					f	f
Amounts falling Bank overdrafts	due within	one year on demand			45,316
MOVEMENT IN FUNDS
					Net
					movement	At
			AI1.1 20		in funds	31 12.20
			f
Unrestricted funds
General fund			21,572		(64,542)	(42,970)
R Hyams			138,274		12,177	150,451
F/ Buttolph			71,080		1,007	72,087
			230,926		(51,358)	179,568
Restricted funds
Spooner row fabric fund			10,246			10,246
Alter cloth				753		753
Spooner row churchyard			5,000		(660)	4,340
9.15am Eucharist service			2,000		(2,000)
Creation ofa new website			2,482		(2,482)
Vicar 8 Church	Wardens	Fund			(1,380)	(1,380)
New sound system			55,186		(47,375)	7,811
Admin assistant	to Vicar			823	384	1,207
Floodlights					90	90
Foodboxes					80	80
Insurance					9,938	9,938
Lighting					38,588	38,588
TBC fund					4	4
Vicarage legal fees					(260)	(260)
			76,490		(5,073)	71,417
Endowmentfunds
Bailey			15,090		1,042	16,132
TOTAL FUNDS			322,506		(55,389)	267,117

MOVEMENT IN FUNDS	- contin	ued
Net movement in funds,	included	in the above are as follows
		Incoming	Resources	Gains	and	Movement
		resources f	expended 5	losses f		in funds f
Unrestricted funds
General fund		87,090	(151,646)		14	(64,542)
R Hyams Fl Buttolph				12,177 1,007		12,177 1,007
		87,090	(151,646)	13,198		(51,358)
Restricted funds
Spooner row churchyard			(660)			(660)
9 15am Eucharist service			(2,000)			(2,000)
Creation ofa new website			(2,482)			(2,482)
Vicar 8 Church Wardens	Fund		(1,380)			(1,380)
New sound system		1	(47,376)			(47,375)
Admin assistant to Vicar		10,000	(9,616)			384
Abbey Churchyard		500	(500)
Altar Frontal		7,370	(7,370)
External sockets		300	(300)
Floodhghts		90				90
Foodboxes		80				80
Insurance		19,866	(9,928)			9,938
Lighting		118,348	(79,760)			38,588
Pres trust specified funds		2,466	(2,466)
TBC fund		30	(26)			4
Vicarage legal fees		2,500	(2,760)			(260)
		161,551	(166,624)			(5,073)
Endowmentfunds
Bailey				1,042		1,042
TOTAL FUNDS		248,641	(318,270)	14,240		(55,389)

Comparatives	for move	me	nt in fun	ds
						Net	Transfers
						movement	between	At
					At 1.1.19 f	in funds E	funds f	31.12.19
Unrestricted	funds
General fund					124,617	(99,134)	(3,911)	21,572
R Hyams					113,534	24,740		138,274
F/ Buttolph					60,219	10,861		71,080
					298,370	(63,533)	(3,911)	230,926
Restricted funds
Spanner row	fabric fund				14,802	(4,556)		10,246
Alter cloth					1,000	(247)		753
Spooner row	churchyard				5,000			5,000
9.15am Eucharist service					2,000			2,000
Creation ofa	new website				3,000	(518)		2,482
Vicar &Church Wardens New sound system		Fund				(261) 51,536	261 3,650	55,186
Admin assistant to Vicar						823		823
					25,802	46,777	3,911	76,490
Endowmentfunds
Bailey					12,710	2,380		15,090
TOTAL FUNDS					336,882	(14,376)		322,506
Comparative	net movement		in funds,	included	in the above are as follows
					Incoming	Resources	Gains and	Movement
					resources 5	expended f	losses 6	in funds 8
Unrestricted	funds
General fund					165,828	(264,686)	(276)	(99,134)
R Hyams							24,740	24,740
F/ Buttolph							10,861	10,861
					165,828	(264,686)	35,325	(63,533)
Restricted funds
Spooner row	fabric fund					(4,556)		(4,556)
Alter cloth						(247)		(247)
Creation ofa	new website					(518)		(518)
Vicar &Church Wardens		Fund			1,000	(1,261)		(261)
New sound system					63,000	(11,464)		51,536
Admin assistant to Vicar					3,665	(2,842)		823
					67,665	(20,888)		46,777
Endowmentfunds
Bailey							2,380	2,380
TOTAL FUNDS					233,493	(285,574)	37,705	(14,376)

A current year 12 months	and prior year 1	2 months combined posit	ion is as follows.
			Net	Transfers
			movement	between		At
		At 1.1.19	in funds	funds		31.12.20
		8	5	E		8
Unrestricted funds
General fund		124,617	(163,676)	(3,911)		(42,970)
R Hyams F/ Buttolph		113,534 60,219	36,917 11,868			150,451 72,087
		298,370	(114,891)	(3,911)		179,568
Restricted funds
Spooner row fabric fund Alter cloth		14,802 1,000	(4,556) (247)			10,246 753
Spooner row churchyard		5,000	(660)			4,340
9.15am Eucharist service		2,000	(2,000)
Creation ofa new website		3,000	(3,000)
Vicar &Church Wardens	Fund		(1,641)		261	(1,380)
New sound system			4,161	3,650		7,811
Admin assistant to Vicar			1,207			1,207
Floodlights			90			90
Foodboxes			80			80
Insurance			9,938			9,938
Lighting			38,588			38,588
TBC fund			4			4
Vicarage legal fees			(260)			(260)
		25,802	41,704	3,911		71,417
Endowmentfunds
Bailey		12,710	3,422			16,132
TOTAL FUNDS		336,882	(69,765)			267,117

ForThe Year Ended	31	stDecember 20	20
							31/12/20	31/12/19
			Unrestncted	Restricted		Endowment	Total	Total
			funds f	funds f		funds 5	fundsf	funds E
INCOME AND ENDOWMENTS
Voluntary income
Donations and legacies			71,461	161,551			233,012	164,217
Activities for generating		funds
Fundraising events			13,937				13,937	49,508
Investment income
Deposit account interest			1,077				1,077	59
Church activities
Church activities and social
events			615				615	19,709
Total incoming resources			87,090	161,551			248,641	233,493
EXPENDITURE
Other trading activities
Costs offetes and other		events	20				20	12,046
Charitable activities
Salaries/honoraria/staff			42,934	9,616			52,550	48,162
Upkeep ofservices			7,614	10,530			18,144	17,131
Clergy expenses			138				138	1,724
Insurance			607	9,928			10,535	7,316
Light, heat and water			13,811				13,811	11,131
Shop			1,684				1,684	8,038
Repairs, maintenance	and
cleaning			25,083	84,715			109,798	20,413
Church administration			12,576		352		12,928	8,835
Telephone			4,481				4,481	3,336
Bank charges and fees			2,305				2,305	1,761
Rent			4,680				4,680	2,400
Parish share			6,209				6,209	108,007
Education and training			1,691				1,691	3,818
Professional fees			7,358	2,760			10,118	7,456
Home mission			12,427	2,212			14,639
Depredation oftangible		fixed
assets				45,187			45,187	11,296
Independent examiners
remuneration			3,300				3,300	3,300
Treasurer			4,728				4,728	8,063
Grants - Overseas & home
missions				1,324			1,324	1,341
			151,626	166,624			318,250	273,528
Total resources expended			151,646	166,624			318,270	285,574
Net expenditure before		gains
and losses			(64,556)	(5,073)			(69,629)	(52,081)
Realised recognised	gains and losses
Carried forward			(64,556)	(5,073)			(69,629)	(52,081)

ForThe Year Ended	31stDecember 20	20
					31/12/20	31/12/19
		Unrestdicted	Restricted	Endowment	Total	Total
		funds E	funds	funds 9	fundsf	funds
Realised recognised	gains and losses
Broughtforward		(64,556)	(5,073)		(69,629)	(52,081)
Realised gains/(losses)	on fixed
asset investments		13,198		1,042	14,240	825
Net expenditure		(51,358)	(5,073)	1,042	(55,389)	(51,256)