| Contents | |||
|---|---|---|---|
| Page | |||
| Reference and administrative | information | ||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Accounts | |||
| Report ofthe Independent | Examiner | 15 |
| Note | Unrestricted | Restricted* | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | Total | Funds | |||
| Incoming Resources | 2020 | 2019 | ||||
| f. | ||||||
| Incoming resources from | donors | 2a | 119,483 | 13,030 | 132,513 | 105)170 |
| Other voluntary incoming |
||||||
| Resources | 2b | 504 | 10 | 514 | 19,142 | |
| Investment Income |
2c | 343 | 3,432 | 3,775 | 5,090 | |
| Incoming resources &om opemting activities Activities for generating |
funds | 2d 2e |
12,060 2,917 |
12,060 2,917 |
22,150 5,453 |
|
| TOTAL INCOMING | ||||||
| RESOURCES | 135307 | 16472 | 151779 | 157005 | ||
| Resources Used | ||||||
| Grants and charitable giving |
3a | 5,055 | 1,538 | 6,593 | 6,818 | |
| Activities directly relating to the | ||||||
| work ofthe church | 3b | 119,822 | 30,011 | 149,833 | 178,635 | |
| Cost ofraising funds | 3c | |||||
| TOTAL RESOURCES | USED | 124877 | 31549 | 156426 | 185453 | |
| NET OUTGOING RESOURCES | 10,430 | -15,077 | -4,647 | -28,488 | ||
| UNREALISED LOSS/GAIN ON | ||||||
| INVESTMENT ASSETS | 6 | -684 | 5,614 | 4„930 | 27,369 | |
| REVALUATION OF |
18,670 | |||||
| HERITAGE ASSETS | ||||||
| NET MOVEMENTS IN | ||||||
| FUNDS | 8855 | -8572 | 283 | 17591 | ||
| Restricted Fund in Cafbank | -891 | 891 | ||||
| Balances brought forward at |
||||||
| 1stJanuary 2020 |
421,768 | 127,640 | 549,408 | 531,817 | ||
| Balances carried forward | ||||||
| as at 31stDecember 2020 | 430,623 | 119,068 | 549,691 | 549,408 |
| The Parochial Church Council ofthe Ecclesiastical Parish ofVerwood |
The Parochial Church Council ofthe Ecclesiastical Parish ofVerwood |
The Parochial Church Council ofthe Ecclesiastical Parish ofVerwood |
The Parochial Church Council ofthe Ecclesiastical Parish ofVerwood |
|||
|---|---|---|---|---|---|---|
| Balance Sheet as at31stDecember 2020 | ||||||
| Unrestricted | Restricted | |||||
| Note | Funds | Funds | TOTAL | FUNDS | ||
| 2020 | 2019 | |||||
| FIXEDASSETS | ||||||
| Tangible | assets | 350,911 | 350,911 | 352,111 | ||
| Heritage | assets | 32,120 | 32,120 | 32,120 | ||
| Investments | 8,495 | 117,419 | 125,914 | 157,740 | ||
| Total Fixed Assets | 391,526 | 117,419 | 508)945 | 541,971 | ||
| CURRENT ASSETS | ||||||
| Debtors | 10 | 4,323 | 758 | 5)081 | 4,450 | |
| Cash at | bank and in hand | 9 | 37,445 | 991 | 38,436 | 7,185 |
| Total Current Assets | 41,768 | 1,749 | 43&517 | 11,635 | ||
| LIABLITIES | ||||||
| Creditors: amounts falling due |
||||||
| within | one year | 11 | -2,671 | -100 | -2)771 | -4,198 |
| Net current assets | 39,097 | 1,649 | 40,746 | 7,437 | ||
| TOTAL | NET ASSETS | 430,623 | 119,068 | 549,691 | 549,408 | |
| PARISH | FUNDS | |||||
| Unrestricted | 14 | 430,623 | - | 430,623 | 421,768 | |
| Restricted | 14 | 119,068 | 119,068 | 127,640 | ||
| 430,623 | 119,068 | 549,691 | 549,408 | |||
| Aroved | b | 18 | March 2021 |
| Unrestricted | Restricted | Restricted | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | Total | Funds | |||
| 2020 | 2019 | |||||
| t, | ||||||
| 2(a)Incoming resources | ||||||
| from donors | ||||||
| Planned giving: |
77,165 | 77,165 | 76,658 | |||
| Income tax refunds | 20,078 | 20,078 | 18,840 | |||
| Collections | 1,036 | 1,036 | 4,195 | |||
| Special collections Donations |
20,085 | 1,538 1,878 |
1,538 21,963 |
1,921 3,556 |
||
| HMRC Job Retention Scheme | 1,119 | 9,614 | 10,733 | |||
| Total | 119483 | 13 | 030 | 132513 | 105170 | |
| 2(b) Other voluntary | ||||||
| incoming resources Grants |
15,000 | |||||
| Choir and organ income/donations Parish centre donation |
10 | 10 | 250 | |||
| Income Irom Maton |
404 | 404 | 392 | |||
| Legacies | 100 | 100 | 3,500 | |||
| Total | 504 | 10 | 514 | 19 142 | ||
| 2(c) Income from | ||||||
| investments | ||||||
| Interest received | ||||||
| Dividends received |
343 | 3,432 | 3,775 | 5,090 | ||
| Total | 343 | 3 | 432 | 3 775 | 5090 | |
| 2(d) Incoming resources | ||||||
| from operating | activities | |||||
| Parish Centre hire | 8,249 | 8,249 | 15,848 | |||
| Fees | 3,204 | 3,204 | 4,260 | |||
| Other | 607 | 607 | 2,042 | |||
| Total | 12060 | 12060 | 22 150 | |||
| 2(e) Activities for generating | ||||||
| fiends | ||||||
| Talents Challenge | ||||||
| Fundraising activities |
2,917 | 2,917 | 5,453 | |||
| Total | 2917 | 2917 | 5453 | |||
| Total Incoming | ||||||
| Resources |
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| Funds | Funds | Total | Funds | ||
| 2020 | 2019 | ||||
| 3(a) Grants and Charitable | |||||
| giving | |||||
| Outreach (5%ofincome) | 4,740 | 4,740 | 4,660 | ||
| Restricted giving | 1,538 | 1,538 | 1,921 | ||
| Other | 315 | 315 | 182 | ||
| Bany Martin Discretionary | Fund | 55 | |||
| Total | 5055 | I 538 | 6593 | 6818 | |
| 3(b) Activities directly | relating | ||||
| to the work ojthe Church Parish share |
79,034 | 79,034 | 84,319 | ||
| Clergy expenses | 2,421 | 2,421 | 4,660 | ||
| Church running costs |
7273 | 3,568 | 10,841 | 14,473 | |
| Parish Centre running costs |
8,690 | 1,918 | 10,608 | 10,694 | |
| Parish Centre Improvements | 27,708 | ||||
| Services choir and organ | 1,929 | 279 | 2408 | 7,123 | |
| Support costs (see note 4) | 19,183 | 24,146 | 43,329 | 26,680 | |
| Church activities —other | 92 | 100 | 192 | 1,778 | |
| Depreciation | 1/00 | 1,200 | 1,200 | ||
| Total | 119822 | 30011 | 149833 | 178635 |
| All | Total | |||||
|---|---|---|---|---|---|---|
| Land | Building | Saints | Fixtures | Heritage | Assets | |
| Cost or Valuation | ||||||
| As at 1 January 2020 | 46,000 | 270,017 | 91,704 | 3,054 | 32,120 | 442,895 |
| As at 31December 2020 | 46,000 | 270,017 | 91,704 | 3,054 | 32,120 | 442,895 |
| Depreciation | ||||||
| As at 1 January 2020 | 55,610 | 3,054 | 58,664 | |||
| Charged in year | 1,200 | 1,200 | ||||
| As at 31December 2020 | 56,810 | 3,054 | 59,864 | |||
| Net BookValue | ||||||
| As at 31December 2020 | 46,000 | 213,207 | 91,704 | 32,120 | 383,031 | |
| As at 31December 2019 | 46,000 | 214,407 | 91,704 | 32,120 | 384,231 |
| alued on 31 December 2020 a er share). |
t mid-market pric |
e of2,048.7 | 3p per share (201 | 9 at 1,91 |
|---|---|---|---|---|
| 2020 | 2019 | |||
| No ofshares | f. | No ofshares | f, | |
| Unrestricted | ||||
| General account | 414.64 | 8,495 | 1,225.12 | 23,432 |
| Restricted | ||||
| Bequest and other restricted | ||||
| funds account | 5,731.31 | 117,419 | 7,022.30 | 134,308 |
| Total | 125,914 | 157,740 |
| as foll | ows: | ||
|---|---|---|---|
| 2020 | 2019 | ||
| Maton | Investments | 14,423 | 13,465 |
| 9. | Cash atBank and in | hand | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| Funds | Funds | Total | Funds | ||
| 2020 | 2019 | ||||
| Cash at Bank | 36,554 | 991 | 37,545 | 6,291 | |
| Cash in Hand | 891 | 891 | 894 | ||
| Totals | 37,445 | 991 | 38,436 | 7,185 | |
| 10. | Debtors | ||||
| 2020 | 2019 | ||||
| HMRC | Income Tax refund | 4,323 | 3,264 | ||
| Other | 1,186 | ||||
| HMRC | December JRS | 758 | |||
| Total | 5,081 | 4,450 | |||
| ll. | Creditors due witbin | oneyear | |||
| 2020 | 2019 | ||||
| General | creditors | 2,771 | 4,198 | ||
| Total | 2,771 | 4,198 |
| 14. Analysis ofnet assets |
between funds | ||
|---|---|---|---|
| General | Restricted | Total | |
| Fund | Funds | Funds | |
| Fixed assets | 350,911 | 350,911 | |
| Heritage assets | 32,120 | 32,120 | |
| Investments | 8,495 | 117,419 | 125,914 |
| Debtors | 4,323 | 758 | 5,081 |
| Cash at bank | 37,445 | 991 | 38,436 |
| Creditors | -2,671 | -100 | -2,771 |
| Balance at 31December 2020 | 430,623 | 119,068 | 549,691 |
| December 2020 | . | |||||||
|---|---|---|---|---|---|---|---|---|
| Special | Bequest | Choir | Organ | Youth | Discretion | Total | ||
| Incoming | ||||||||
| resources | ||||||||
| From donors | 1,538 | 10 | 1,000 | 388 | 2,936 | |||
| Other voluntary | 10,103 | 10,103 | ||||||
| resources | ||||||||
| Income from | 895 | 28 | 124 | 2,369 | 16 | 3,432 | ||
| investments | ||||||||
| Total incoming | 1,538 | 895 | 38 | 124 | 13,472 | 404 | 16,471 | |
| resources | ||||||||
| Resources used | ||||||||
| Donations | 1,538 | 100 | 1,638 | |||||
| Church work | 5,486 | 143 | 136 | 24,146 | 29,911 | |||
| Total resources | 1,538 | 5,486 | 143 | 136 | 24,246 | 31,549 | ||
| used | ||||||||
| Net resources | -4,591 | -105 | -12 | -10,774 | 404 | -15,078 | ||
| Investment gains |
1,481 | 45 | 222 | 3,820 | 47 | 5,615 | ||
| Net movement | in | -3,110 | -60 | 210 | -6,954 | 451 | -9,463 | |
| funds | ||||||||
| Balance at 1 | ||||||||
| January 2020 | 33,086 | 1,027 | 4,514 | 88,426 | 587 | 127,640 | ||
| Balance at 31 | ||||||||
| December 2020 | 29,976 | 967 | 4,724 | 81,472 | 1,038 | 118,177 | ||
| Held in CatBank | 891 | 891 | ||||||
| Total ofRestricted | Funds- | 82,104 | 119,068 |
| Contents | |||
|---|---|---|---|
| Page | |||
| Reference and administrative | information | ||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Accounts | |||
| Report ofthe Independent | Examiner | 15 |
| Note | Unrestricted | Restricted* | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | Total | Funds | |||
| Incoming Resources | 2020 | 2019 | ||||
| f. | ||||||
| Incoming resources from | donors | 2a | 119,483 | 13,030 | 132,513 | 105)170 |
| Other voluntary incoming |
||||||
| Resources | 2b | 504 | 10 | 514 | 19,142 | |
| Investment Income |
2c | 343 | 3,432 | 3,775 | 5,090 | |
| Incoming resources &om opemting activities Activities for generating |
funds | 2d 2e |
12,060 2,917 |
12,060 2,917 |
22,150 5,453 |
|
| TOTAL INCOMING | ||||||
| RESOURCES | 135307 | 16472 | 151779 | 157005 | ||
| Resources Used | ||||||
| Grants and charitable giving |
3a | 5,055 | 1,538 | 6,593 | 6,818 | |
| Activities directly relating to the | ||||||
| work ofthe church | 3b | 119,822 | 30,011 | 149,833 | 178,635 | |
| Cost ofraising funds | 3c | |||||
| TOTAL RESOURCES | USED | 124877 | 31549 | 156426 | 185453 | |
| NET OUTGOING RESOURCES | 10,430 | -15,077 | -4,647 | -28,488 | ||
| UNREALISED LOSS/GAIN ON | ||||||
| INVESTMENT ASSETS | 6 | -684 | 5,614 | 4„930 | 27,369 | |
| REVALUATION OF |
18,670 | |||||
| HERITAGE ASSETS | ||||||
| NET MOVEMENTS IN | ||||||
| FUNDS | 8855 | -8572 | 283 | 17591 | ||
| Restricted Fund in Cafbank | -891 | 891 | ||||
| Balances brought forward at |
||||||
| 1stJanuary 2020 |
421,768 | 127,640 | 549,408 | 531,817 | ||
| Balances carried forward | ||||||
| as at 31stDecember 2020 | 430,623 | 119,068 | 549,691 | 549,408 |
| The Parochial Church Council ofthe Ecclesiastical Parish ofVerwood |
The Parochial Church Council ofthe Ecclesiastical Parish ofVerwood |
The Parochial Church Council ofthe Ecclesiastical Parish ofVerwood |
The Parochial Church Council ofthe Ecclesiastical Parish ofVerwood |
|||
|---|---|---|---|---|---|---|
| Balance Sheet as at31stDecember 2020 | ||||||
| Unrestricted | Restricted | |||||
| Note | Funds | Funds | TOTAL | FUNDS | ||
| 2020 | 2019 | |||||
| FIXEDASSETS | ||||||
| Tangible | assets | 350,911 | 350,911 | 352,111 | ||
| Heritage | assets | 32,120 | 32,120 | 32,120 | ||
| Investments | 8,495 | 117,419 | 125,914 | 157,740 | ||
| Total Fixed Assets | 391,526 | 117,419 | 508)945 | 541,971 | ||
| CURRENT ASSETS | ||||||
| Debtors | 10 | 4,323 | 758 | 5)081 | 4,450 | |
| Cash at | bank and in hand | 9 | 37,445 | 991 | 38,436 | 7,185 |
| Total Current Assets | 41,768 | 1,749 | 43&517 | 11,635 | ||
| LIABLITIES | ||||||
| Creditors: amounts falling due |
||||||
| within | one year | 11 | -2,671 | -100 | -2)771 | -4,198 |
| Net current assets | 39,097 | 1,649 | 40,746 | 7,437 | ||
| TOTAL | NET ASSETS | 430,623 | 119,068 | 549,691 | 549,408 | |
| PARISH | FUNDS | |||||
| Unrestricted | 14 | 430,623 | - | 430,623 | 421,768 | |
| Restricted | 14 | 119,068 | 119,068 | 127,640 | ||
| 430,623 | 119,068 | 549,691 | 549,408 | |||
| Aroved | b | 18 | March 2021 |
| Unrestricted | Restricted | Restricted | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | Total | Funds | |||
| 2020 | 2019 | |||||
| t, | ||||||
| 2(a)Incoming resources | ||||||
| from donors | ||||||
| Planned giving: |
77,165 | 77,165 | 76,658 | |||
| Income tax refunds | 20,078 | 20,078 | 18,840 | |||
| Collections | 1,036 | 1,036 | 4,195 | |||
| Special collections Donations |
20,085 | 1,538 1,878 |
1,538 21,963 |
1,921 3,556 |
||
| HMRC Job Retention Scheme | 1,119 | 9,614 | 10,733 | |||
| Total | 119483 | 13 | 030 | 132513 | 105170 | |
| 2(b) Other voluntary | ||||||
| incoming resources Grants |
15,000 | |||||
| Choir and organ income/donations Parish centre donation |
10 | 10 | 250 | |||
| Income Irom Maton |
404 | 404 | 392 | |||
| Legacies | 100 | 100 | 3,500 | |||
| Total | 504 | 10 | 514 | 19 142 | ||
| 2(c) Income from | ||||||
| investments | ||||||
| Interest received | ||||||
| Dividends received |
343 | 3,432 | 3,775 | 5,090 | ||
| Total | 343 | 3 | 432 | 3 775 | 5090 | |
| 2(d) Incoming resources | ||||||
| from operating | activities | |||||
| Parish Centre hire | 8,249 | 8,249 | 15,848 | |||
| Fees | 3,204 | 3,204 | 4,260 | |||
| Other | 607 | 607 | 2,042 | |||
| Total | 12060 | 12060 | 22 150 | |||
| 2(e) Activities for generating | ||||||
| fiends | ||||||
| Talents Challenge | ||||||
| Fundraising activities |
2,917 | 2,917 | 5,453 | |||
| Total | 2917 | 2917 | 5453 | |||
| Total Incoming | ||||||
| Resources |
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| Funds | Funds | Total | Funds | ||
| 2020 | 2019 | ||||
| 3(a) Grants and Charitable | |||||
| giving | |||||
| Outreach (5%ofincome) | 4,740 | 4,740 | 4,660 | ||
| Restricted giving | 1,538 | 1,538 | 1,921 | ||
| Other | 315 | 315 | 182 | ||
| Bany Martin Discretionary | Fund | 55 | |||
| Total | 5055 | I 538 | 6593 | 6818 | |
| 3(b) Activities directly | relating | ||||
| to the work ojthe Church Parish share |
79,034 | 79,034 | 84,319 | ||
| Clergy expenses | 2,421 | 2,421 | 4,660 | ||
| Church running costs |
7273 | 3,568 | 10,841 | 14,473 | |
| Parish Centre running costs |
8,690 | 1,918 | 10,608 | 10,694 | |
| Parish Centre Improvements | 27,708 | ||||
| Services choir and organ | 1,929 | 279 | 2408 | 7,123 | |
| Support costs (see note 4) | 19,183 | 24,146 | 43,329 | 26,680 | |
| Church activities —other | 92 | 100 | 192 | 1,778 | |
| Depreciation | 1/00 | 1,200 | 1,200 | ||
| Total | 119822 | 30011 | 149833 | 178635 |
| All | Total | |||||
|---|---|---|---|---|---|---|
| Land | Building | Saints | Fixtures | Heritage | Assets | |
| Cost or Valuation | ||||||
| As at 1 January 2020 | 46,000 | 270,017 | 91,704 | 3,054 | 32,120 | 442,895 |
| As at 31December 2020 | 46,000 | 270,017 | 91,704 | 3,054 | 32,120 | 442,895 |
| Depreciation | ||||||
| As at 1 January 2020 | 55,610 | 3,054 | 58,664 | |||
| Charged in year | 1,200 | 1,200 | ||||
| As at 31December 2020 | 56,810 | 3,054 | 59,864 | |||
| Net BookValue | ||||||
| As at 31December 2020 | 46,000 | 213,207 | 91,704 | 32,120 | 383,031 | |
| As at 31December 2019 | 46,000 | 214,407 | 91,704 | 32,120 | 384,231 |
| alued on 31 December 2020 a er share). |
t mid-market pric |
e of2,048.7 | 3p per share (201 | 9 at 1,91 |
|---|---|---|---|---|
| 2020 | 2019 | |||
| No ofshares | f. | No ofshares | f, | |
| Unrestricted | ||||
| General account | 414.64 | 8,495 | 1,225.12 | 23,432 |
| Restricted | ||||
| Bequest and other restricted | ||||
| funds account | 5,731.31 | 117,419 | 7,022.30 | 134,308 |
| Total | 125,914 | 157,740 |
| as foll | ows: | ||
|---|---|---|---|
| 2020 | 2019 | ||
| Maton | Investments | 14,423 | 13,465 |
| 9. | Cash atBank and in | hand | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| Funds | Funds | Total | Funds | ||
| 2020 | 2019 | ||||
| Cash at Bank | 36,554 | 991 | 37,545 | 6,291 | |
| Cash in Hand | 891 | 891 | 894 | ||
| Totals | 37,445 | 991 | 38,436 | 7,185 | |
| 10. | Debtors | ||||
| 2020 | 2019 | ||||
| HMRC | Income Tax refund | 4,323 | 3,264 | ||
| Other | 1,186 | ||||
| HMRC | December JRS | 758 | |||
| Total | 5,081 | 4,450 | |||
| ll. | Creditors due witbin | oneyear | |||
| 2020 | 2019 | ||||
| General | creditors | 2,771 | 4,198 | ||
| Total | 2,771 | 4,198 |
| 14. Analysis ofnet assets |
between funds | ||
|---|---|---|---|
| General | Restricted | Total | |
| Fund | Funds | Funds | |
| Fixed assets | 350,911 | 350,911 | |
| Heritage assets | 32,120 | 32,120 | |
| Investments | 8,495 | 117,419 | 125,914 |
| Debtors | 4,323 | 758 | 5,081 |
| Cash at bank | 37,445 | 991 | 38,436 |
| Creditors | -2,671 | -100 | -2,771 |
| Balance at 31December 2020 | 430,623 | 119,068 | 549,691 |
| December 2020 | . | |||||||
|---|---|---|---|---|---|---|---|---|
| Special | Bequest | Choir | Organ | Youth | Discretion | Total | ||
| Incoming | ||||||||
| resources | ||||||||
| From donors | 1,538 | 10 | 1,000 | 388 | 2,936 | |||
| Other voluntary | 10,103 | 10,103 | ||||||
| resources | ||||||||
| Income from | 895 | 28 | 124 | 2,369 | 16 | 3,432 | ||
| investments | ||||||||
| Total incoming | 1,538 | 895 | 38 | 124 | 13,472 | 404 | 16,471 | |
| resources | ||||||||
| Resources used | ||||||||
| Donations | 1,538 | 100 | 1,638 | |||||
| Church work | 5,486 | 143 | 136 | 24,146 | 29,911 | |||
| Total resources | 1,538 | 5,486 | 143 | 136 | 24,246 | 31,549 | ||
| used | ||||||||
| Net resources | -4,591 | -105 | -12 | -10,774 | 404 | -15,078 | ||
| Investment gains |
1,481 | 45 | 222 | 3,820 | 47 | 5,615 | ||
| Net movement | in | -3,110 | -60 | 210 | -6,954 | 451 | -9,463 | |
| funds | ||||||||
| Balance at 1 | ||||||||
| January 2020 | 33,086 | 1,027 | 4,514 | 88,426 | 587 | 127,640 | ||
| Balance at 31 | ||||||||
| December 2020 | 29,976 | 967 | 4,724 | 81,472 | 1,038 | 118,177 | ||
| Held in CatBank | 891 | 891 | ||||||
| Total ofRestricted | Funds- | 82,104 | 119,068 |