| work by the | work by the | work by the | m. | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Reserves Policy | ||||||||||
| It isPCC policy to try to maintain | abalance on | free reserves equal | to at least three | |||||||
| months' | unrestricted payments. |
It | is held to smooth out fluctuations | in cash flow | and | |||||
| to meet | emergencies. The balance |
ofthe | free reserves at the Year End was sufficient | |||||||
| to meet | this | target. | ||||||||
| Investment Policy |
||||||||||
| The Council's Investment policy |
is | that of 'Cautious Safety' short term deposits. |
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| Organisation | ||||||||||
| The Trustees usually meet on a monthly | basis at | which all matters regarding the |
||||||||
| running | ofthe Church and its finances are discussed. Functions are |
delegated to | ||||||||
| working | groups as necessary and | risks, both financial and physical, | are discussed | as a | ||||||
| matter ofcourse, We are reliant on | the Internet as never before and | on the website | ||||||||
| managed | by | Catherine Richmond. |
All the members ofthe PCC are | Trustees and their | ||||||
| responsibilities have been made clear to |
them. | |||||||||
| The followin served onthe Council durin the |
ear:- | |||||||||
| Cler | The Rev'd DrPatrick | Richmond | exofficio | |||||||
| The Rev'd Shawn Tomlinson | exofficio (left 18/10/2020 | |||||||||
| Readers | Mr Alistair Holt | exofficio | ||||||||
| Mrs Brid et Archer | exofficio | |||||||||
| Wardens | Mrs Vivien Humber | Elected 24/4/2016 | ||||||||
| Mrs Catherine Jeffries | Elected 30/4/2017 | |||||||||
| Deanery | Mr John Harrison | Elected 30/4/2017 | ex officio | |||||||
| Synod | Mrs Vivien Humber | Exofficio | ||||||||
| Other | Prof David Scott Mr David Archer |
Elected 30/4/2017 Elected 24/4/2016 |
ex officio„ k 29/9/20 |
|||||||
| Members of | co-o ted 29/4/2019, | |||||||||
| PCC | Mr Ton Grubb |
Elected 24/4/2016, | left 29/9/20 | |||||||
| Mr Ian Parkes | Elected 29/4/2017k | 29/9/20 | ||||||||
| Mrs Kathleen Ladd | Elected 29/4/2018, | Ieft 29/9/20 | ||||||||
| PCC | Secre | Mrs Susan Mitchell | Elected 29/4/2018 | |||||||
| Mr Chris Mitchell | Elected 29/4/2018 | |||||||||
| Ms Caroline Gibbs | Elected 29/9/2020 | |||||||||
| Mr Richard Middleton | Elected 29/9/2020 | |||||||||
| Mr Peter Smth | Elected 29/9/2020 | |||||||||
| Mr John Ladd | Elected 29/9/2020 | |||||||||
| Treasurer | Mr G.S,Wheatle | Elected 29/4/2019 |
| UNRESTRlcTED | RESTRICTED | RESTRICTED | TQTAI. | FUNDS | FUNDS | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| FUNDs | FUNDS | |||||||||
| General | 2020 | |||||||||
| NOTE | ||||||||||
| INCOMI NG RESOURCES | 2 | |||||||||
| Incoming Resources from | Donors | 2a | 97,779 | 1,084 | 98,863 | 87,840 | ||||
| Other Voluntary incoming |
resources | 2b | 4,267 | 4,267 | 14,333 | |||||
| Income from Charity and ancillary trading | 2c | 16,362 | 16,362 | 24,189 | ||||||
| Income from investments | 2d | 7,646 | 7,646 | 6,221 | ||||||
| 121,787 | 5,351 | 127,138 | 132,583 | |||||||
| TOTAL INCOMING RESOURCES |
||||||||||
| RESOURCES USED | 3 | |||||||||
| Grants and Donations | 3a | 1,580 | 1,580 | 1,773 | ||||||
| Activities directly relating | to | the work ofthe churches | 3b | 103,209 | 2,137 | 105,346 | 134,323 | |||
| Church management and |
administration | 3C | 12,751 | 2S | 12,776 | 1S,524 | ||||
| 117)540 | 2,162 | 119)702 | 1S1,620 | |||||||
| TOTAL RESOURCES USED | ||||||||||
| NET INCOMING/OUTGOING | RESOURCES | 4,247 | 3,189 | 7,436 | - | 19,037 | ||||
| NET MOVEMENT IN FUNDS |
4,247 | 3,189 | 7,436 | — | 19,037 | |||||
| Balances brought forward | 1stJanuary | 117,735 | 6,421 | 124,156 | 143,193 | |||||
| Funds Transferred | 17 | |||||||||
| Balances carried forward | ||||||||||
| at 31stDecember | 121,965 | 9,627 | 131,592 | 124,156 | ||||||
| FUNDS BALANCES | page | |||||||||
| General Fund |
7 | 97,343 | 112,611 | |||||||
| Cottage Fund | 7 | 9,154 | 2,127 | |||||||
| Ha!IFund | 7 | 15,468 | 2,997 | |||||||
| 121,965 | 117,735 | |||||||||
| Restricted funds | ||||||||||
| Organ Fund | 3,617 | 3,618 | ||||||||
| Friends of CCEPCC | 4,678 | - | 148 | |||||||
| Burial Ground | Fund | 50 | 50 | |||||||
| Renovation Fund |
balance | Windows | 2,119 | |||||||
| Bell Tower Fund | 782 | 782 | ||||||||
| Childrens Fund |
500 | |||||||||
| 9,627 | 6,421 | |||||||||
| 131,592 | 124,156 |
| VrIRESTRICTED | RESTRICTED | TOTAL | FUNDS | ||||
|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||
| 6 | |||||||
| 2 INCOIYIING RESOURCES | |||||||
| 2a Incoming | resources from Donors | ||||||
| Planned Giving |
53,279 | 53,279 | 48,905 | ||||
| Income Tax Recovered | 19,529 | 584 | 20,113 | 17,014 | |||
| Coffections at all services | 5,536 | 5,536 | 14,186 | ||||
| Sundry Donations | 19435 | 500 | 19935 | 7,735 | |||
| 97779 | 1084 | 98,863 | 87,840 | ||||
| 2b Other voluntary resources |
|||||||
| Legacies | 10,000 | ||||||
| Friends ofCCE | 4267 | 4267 | 4333 | ||||
| 4267 | 4267 | i4333 | |||||
| 2c Income from charitable and ancillary | trading | ||||||
| Church hall Iettings etc | 14,250 | 14,250 | 14,358 | ||||
| Group activities | 1,506 | ||||||
| Other Income | 528 | 528 | 3,985 | ||||
| Fees | 1 584 | 1584 | 4340 | ||||
| 16,362 | 16,362 | 24 189 | |||||
| 2d Income ffom investments | |||||||
| Cottage Kent Receivable | 7,384 | 7,384 | 5,723 | ||||
| Bank interest | 262 | 262 | 498 | ||||
| 7,646 | 7,646 | 6221 | |||||
| TOTAL flVCOMIXG RESOURCES | 121787 | 535] | 127138 | 132,583 | |||
| 3 RESOURCES USED | |||||||
| 3a Grants and Donations | |||||||
| Donations to nominated | charities | I 580 | 1,580 | 1,773 | |||
| 1 580 | I 580 | 1773 | |||||
| 3b Activities | directly related to Church | work | |||||
| Ministry: Parish Share |
65,419 | 65,419 | 65,594 | ||||
| Pastoral Expenses | 1,051 | 1,051 | 3,129 | ||||
| Service Costs - Organ dt | Choir Expenses ctc. | 5,774 | 5,774 | 7@58 | |||
| Church - running expenses |
13,621 | 13)621 | 22,811 | ||||
| Church Renovations | 14,845 | 2,137 | 16,982 | 11,288 | |||
| Social Activities | 161 | 161 | 859 | ||||
| Children and Young |
people | 201 | 201 | 461 | |||
| Holiday Club paid from | Group income | 771 | |||||
| Church hail running | costs | 1,779 | 1,779 | 20,883 | |||
| Cottage running costs | 358 | 358 | 1 68 |
||||
| 103 09 | 2 137 | 105346 | 134323 | ||||
| 3c Church Management and Administration |
|||||||
| Office costs | 11,285 | 11/85 | 13,884 | ||||
| Office costs paid from Group income | 25 | 25 | 64 | ||||
| Independent Examiner's |
Fees | 1+00 | 1/00 | I/00 | |||
| Bank charges | 266 | 266 | 376 | ||||
| 12751 | 25 | 12776 | 15524 | ||||
| TOTAL RESOURCES USVQ | 117540 | 2 162 | 119702 | 151620 |