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|Legal and administrative|information||
|Elders' Report|||
|Trustees'
Annual
Report|||
|Independent
Examiner's|Report||
|Statement
of Financial|Activities||
|Balance Sheet|||
|Notes to the Financial Statements||10-20|
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||||Unrestricted|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||Fund|Funds|Funds|2020|2019|
||||8|6|6|Funds|Funds|
|Inaome||||||||
|Oonstions
and legacies|||40,717|112|20,972|61,801|55,636|
|Charitable
activities|||2,344|||2,344|10,487|
|Other trading
activities|||39,237|6,430|15,695|61,362|30,818|
|Investments|||4,813|156|271|5,240|12,668|
|Other|||260|47,362|75|47,697|547,822|
|Total Income (Note|3)||87371|54,060|37013|178444|657431|
|Expenditure||||||||
|Charitable
activities:||||||||
|Premises casts|||48,871|298,997|8,266|356,134|355,692|
|Minisisri al coals|||44,655||79|44,734|47,200|
|Cosfs ofactivities|||5,695|17,861|4,222|27,778|21,112|
|Grants payable
snd reslricied donaiions||||||||
|passed on|||||4,800|4,800|5,693|
|Governance costs|||7,614|5,613|1,628|14,855|5,714|
|Other|||3,383|38,194|350|41,927|37,501|
|Total expenditure
(Note 4)|||110,218|360,665|19,345|490,228|473,912|
|Nst gains/(losses)|on|investments||37,313||37,313|69,794|
|Net income I(expenditure)|||(22,847)|(269,292)|17,668|(274,471)|253,313|
|Transfers
between|funds|||||||
|Gross transfers
between||funds —in||12,414||12,414|241,710|
|Gross transfers
between||funds - ovl|(7,144)||(5,270)|(12,414)|(241,710)|
|Net movement|in funds for the||(29,991)|256,878|12,398|274,471|253,313|
|Reconcglatlon
of|funds:|||||||
|Tolal funds brought|forward||45,439|911,159|134,537|1,091,135|837,822|
|Total funds carried forward|||15,448|654,281|146,935|816,664|1,091,135|
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|alance sheet as at 31Decembe|r 2020|||
|---|---|---|---|
||Note|2020f|2019f|
|Fixed assets||||
|progeny||192,008|192,008|
|Organ and pianos|||2,600|
|Recreation equipment|||720|
|Church equi
ment||20,499|2,732|
|Total tan
Ibis fixed assets||212,507|198060|
|Investments||||
|COIF investments||373,628|335,524|
|M &G investments||5,342|6,133|
|Total Investments||378,970|341557|
|Current Assets||||
|Debtors and prepsyments|||887|
|HSBC||134,781|320,090|
|HSBC 3F's account||120|879|
|COIF Deposit Funds||97,239|230,616|
|Cash|||38|
|Total current assets||241,598|552.510|
|Current Liabilities||(16,411)|(1,092)|
|Net current assets||225,187|551415|
|Net Assets||816,664|1,091,135|
|Represented
by funds:||||
|Unrestricted
Fund||15,448|45.439|
|Designated
Funds||654,Z81|911,159|
|Restricted Funds||146,935|134,537|
||5|816,864|1.091,135|
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||||E ui
ment||Pro|ert||
|---|---|---|---|---|---|---|---|
|||Organ &
Pianos
E|Recreation
E|Church
E|25 Brayfield
Road
E||Total
6|
|Cost||||||||
|As at 1 Jan 2020||10,281|15,526|41,771|192,008||259586|
|Additions||||22,776|||22 776|
|Dis peals||6,937|9,099|2,454|||18490|
|As at 31December 2020||3,344|6,427|62,093|192,008||263 872|
|De reclation||||||||
|As at 1 Jan 2020||7,681|14,806|39,039|||61 526|
|Char e for the|ear||720|5,009|||5,729|
|Dis osals||4,337|9,099|2,454|||15,890|
|As at 31Dec|2020|3,344|6,427|41,594|||51,365|
|NBV as at 31|Dec2020|||20499|192,008||212,507|
|NBV as at 31|Dec 2019|2,600|720|2,732|192,008||198,060|
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|||unrestricted|Designated|Restricted|Total 2020|Total 2019|
|---|---|---|---|---|---|---|
|||Fund|Funds|Funds|Funds|Funds|
|||6|6|6|6||
|Donssons
&legacies:|||||||
|Identiried
offerlngs||22,025|||22,025|22,296|
|unidentified
offerings||527|||527|2,039|
|Donations
&bequests||842|49|6,300|7,191|3,113|
|Gift Dsy||||||819|
|Tax recovery|||||5,654|6,941|
|Government
grants||11,667||10,000|21,667||
|Activities
&events||||1,594|1,594|3,131|
|Members'
subscriptions|||63|2,925|2,988|16,574|
|Transport
subscription||||153|153|723|
|Total ofdonations|&legacies|40,717|112|20,972|61,801|55,636|
|Charitable
activities:|||||||
|Room leNings||2,030|||2,030|9,046|
|Pnnting||314|||314|1,441|
|Total charitable
activities Income||2,344|||2,344|10,487|
|Other trading scsvises:|||||||
|Fundraising||||651|651|1,429|
|Property
rentals||38,077|||44,507|20,389|
|Mense
leNing||1,160|||1,160||
|Service charges||||15,044|15,044||
|Total ofother trading activlses Income||39,237|6,430|15,695|61,362|30,818|
|Investments:|||||||
|Bank & building
society interest||||||358|
|COIF interest||32|156|271|459|961|
|Dividends||4,781|||4,781|11,349|
|Total Investment
Income||4,813|156|271|5,240|12,668|
|Other Income||260|47,362|75|47,697|547,822|
|TOTAL INCOME||87,371|54,060|37,013|178,444|657,431|
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||||unresuluted|Oeslsnatsd|Raslrluled|Total 2929|Tutel 2919|
|---|---|---|---|---|---|---|---|
||||Fund|Funds|Funds|Funds|Funds|
|||||2|r.|2|2|
|Cost ofcharitable|activities|||||||
|Premises costs:||||||||
|Staff costs|||27,037|1,082|434|28,553|28,147|
|Insurance|||7,517|201|2,061|9,77$|9,219|
|Heat, light &water|||11,210|664|12,658)|9,216|15,652|
|Maintenance
& repairs|||1,704|261,264|7,715|270,683|283,416|
|Other premises costs|||1,403|35,786|714|37,903|19,258|
|Total premises costs|||48,871|290,997|8,266|356,134|355,892|
|Ministerisl costs:||||||||
|M&M contribution|||40,140|||40,140|39,048|
|Group Ministry costs|||3,825|||3,825|6,657|
|Central's
Ministry costs|||337|||337|1,236|
|Organist
&music|||140|||140|65|
|Church
gifts|||213||79|292|194|
|Total minisferi al costs|||44,655||79|44,734|47,200|
|Casts ofactlvltlem||||||||
|Other gifts|||||291|296|252|
|Activities &events|||||791|791|2,712|
|Transport for activities|||||303|303|2,206|
|Trainers' fees|||||1,040|1,040|5,117|
|Food for activities|||32|108|1,206|1,346|5,451|
|Telephone
&internet|||940||274|1,214|701|
|Materials
&consumables|||46$|112|178|759|3,085|
|Equipment
purchases|&|repairs|3,498|17,836|139|21,273|366|
|tqeprographic
materials||&services|756|||756|1,222|
|Tatal costs ofactivities|||5,695|17,$61|4,222|27,778|21,112|
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||||unreslrleted|Oeslansted|Restricted|Tolsl 2020|Total 2019|
|---|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funda|Funds|
||||2|E|r.|2|E|
|Grants payable snd restricted donations||||||||
|passed on||||||||
|Local Outreach|||||3,050|3,050|3,150|
|National 5 International|Outreach||||1,750|1,750|2,543|
|Total grants payable snd restri cted||||||||
|donations passed on|||||4,800|4,800|5,693|
|Governance
costs:||||||||
|Administration
costs|||5,566|5,613|1,S28|12,807|5,840|
|Independent
examination||fess|2,048|||2,048|1,074|
|Total governance
costs|||7,614|5,813|1,620|14,055|6,714|
|Total cost of charitable|activities||106,035|322,472|18,005|448,301|436,411|
|Other expenditure:||||||||
|Depreciation||||5,729||5,729|1,800|
|Profit on disposal offixsd||assets||(1,400)||(1,400)||
|Other|||3,383|33,005|350|37,590|35,602|
|Total other expenditure|||3,383|30,194|350|41,027|37,501|
|TOTAL EXPENDITURE|||110,218|360,665|10,345|490,228|473,912|
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|NOTE6- M|O|VE|MENTS|IN FUNDS||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Fund balances|Incoming|Outgoing|Transfer|Net|Fund|
|||||broug lit|resources|resources|between|gain/(loss)|balances|
|||||forward|||funds|on|carried|
|||||||||Investment|forward|
|||||||||E|E|
|Unrestricted|Fund|||||||||
|General
Fund||||45,439|87,371|(110,218)|(7,144)||15,448|
|Total unrestricted||fund||45,439|87,371|(110,218)|(7,144)||15,448|
|Comp-fund||||222,052|53,641|(351,831)|76,138|||
|Asset Fund||||198,059||(4,328)|||193,731|
|Bequests Fund||||151,106|||(5)|9,503|150,604|
|Maintenance
Fund||||21,813|156|(3,035)|108,317||127,251|
|Ministers
Discretionary|||Fund||||302||302|
|Monday
Ahem oon||Fellowship||2,160|28|(5)|||2,183|
|Property
Fund||||21,997||(263)|15,000|2,114|38,849|
|Social Fund||||281|49|(95)|||235|
|Turner Bequest|(Church)|||293,505|145||(188,538)|25,696|130,808|
|Youat Fund||||186|40|(1,108)|1,200||318|
|Total designated||funds||911,159|54,060|(360,665)|12,414|37,313|654,281|
|Restricted
Funda||||||||||
|Flower Fund||||28|40|(93)|124||99|
|Maintenance
Fund|||||6,070|(5,256)|(814)|||
|Ministers
Discretionary|||Fund|302|||(302)|||
|Nativity
Fund||||136||(45)|||91|
|Outreach
Fund||||410|817|(4,861)|3,634|||
|Recreation Society||Fund||14,264|11,524|(8,392)|||17,396|
|Service Charge|Fund||||15,044|3,382|(7,462)||10.964|
|Turner Bequest|(Recreation|||113,134|233||||113,372|
|Society&||||||||||
|3 F's Fund||||6,263|3,285|(4,080)|(455)||5,013|
|Total restricted|funds|||134,537|37,013|(19,345)|(5,270)||146,935|
|TOTAL FUNDS||||1,091,135|178,444|496,228||37,313|816,664|
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|OTE 7 —INV|ESTMENTS|HELD BY|THE CHURCH|||||
|---|---|---|---|---|---|---|---|
||||Value at|||Gainl|Value at 31|
||||1 January|||(loss) in|December|
||||2020f|Purchasef|Salef|yearf|2020f|
|COIF Ethical|Investment|Fund||||||
|Income units|[Bequest Fund]||151,103|||9,503|160,606|
|Accumulation|units [Property Fund]||29,734|||2,904|32,638|
|Accumulation|units [Turner|Bequest|73,152|||7,146|80,298|
|—Church Fund]||||||||
|COIF Global|Equity Income Fund|||||||
|Accumulation|units [Turner|Bequest|81,535|||18,551|100,086|
|—Church
Fund]||||||||
|M & G Charlfund||||||||
|Accumulation|units [Property Fund]||6,133|||(791)|5,342|
||||341,657|||37,313|378,970|
|OTE 8 —DEBTORS AND PREPAYMENTS||||||||
|||||||2020f|2019|
|Prepayments||||||||
|Envelope Systems - offertory envelopes|||||||91|
|Cyberinsurance|||||||65|
|Debtors||||||||
|Rental income||||||1,984|731|
|HMRC Gift Aid|and GADSD|||||1,474||
|Right to Light Donation||||||6,000||
|||||||9458|687|
|OTE 9 —CREDITORS, ACCRUALS|||AND MONIES|RECEIVED IN ADVANCE||||
|||||||2020f|2019f|
|Accruals||||||||
|Repairs||||||287|56|
|Independent|examination|ofaccounts||||2,000|1,032|
|Agency collections|||||||5|
|Energy||||||680||
|Legal fees||||||1,140||
|Deferred income||||||12,304||
|||||||16,411|1 092|
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|TE 10 -|ANALYSIS OF NET|ASSETS BETWEEN F|UNDS|||
|---|---|---|---|---|---|
|||Unrestricted|Designated|Restricted|Total|
|||Fundf|Fundsf|Fundsf|Funds|
|Tangible|fixed assets||212,507||212,507|
|Investments|||378,970||378,970|
|Current|assets|27,842|66,821|146,935|241,598|
|Current|liabilities|(12,394)|(4,017)||(16,411)|
|Net assets||15,448|654,281|146,935|816,664|
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