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|Contents||||
|---|---|---|---|
|General
Information.||||
|Introduction. .||||
|Chairman's
Report 2020..
Structure,
Organisation
&Governance
Report ofPCC Meetings. .|||3„.
..5|
|PCC Management
Committee|(PMC).||.6|
|Fabric Report..|||.7|
|Financial
Review. .|||.8|
|Deanery Synod|||.10|
|Electoral Roll Report.|||.10|
|Statement ofParochial Church|Council|Responsibilities. ....||
|Independent
Examiner's
Report|to the|Parochial Church Council of Holy Trinity||
|Redhill. .||||
|Statement of Financial Activities for the Year Ended 31 December 2020....|||....13|
|Balance Sheet at 31 December 2020.|||.14|
|Statement ofCash Flows||||
|Notes to the Financial Statements.|||.18|
|1.
Accounting
Policies.|||,16|
|2.
Income|||,18|
|3.
Expenditure|||.19|
|4,
Staff Costs|||20|
|5,
Fixed Assets .|||21|
|6.
Investments|||21|
|7.
Debtors|||21|
|8.
Liabilities Due Within One|Year.||21|
|9.
Liabilities Due After More|Than One Year||22|
|10. Analysis of Net Assets of|Funds||22|
|11. Fund Details, .|||23|
|12, Pension Scheme,|||24|
|13. Missionary
and Other Chaditable||Giving|24|
|14. Related Party Transactions.|||25|
##
|nformation|nformation|||||||||
|---|---|---|---|---|---|---|---|---|---|
|Registered
Charity||Number|1130733|||||||
|Members ofthe|Parochial||Church
Council|||||||
|Vicar|||Mick Hough|||||||
|Assistant
Clergy|||Sarah Alexander|||||||
|Churchwardens|||Paul Taylor (to October 2020)|||||||
||||Lynn Crlttenden|||||||
||||Mike Gordge
(Assistant||Churchwarden,||from Qotober 2020)|||
|Deanery Synod|Representatives|||||||||
|Ruth Inwood (Diocesan Synod)||||||||||
|David Keiller (Diocesan synod)||||||||||
|Nicholas Baker|||Peter Telford|||||||
|David Durant||||||||||
|Timothy
Hart|||Sarah Dyer|||||||
|Treasurer|||David Field (co-opted)|||||||
|Secretary|||Mark Inwood|||||||
|Church Councillors||||||||||
|Keith Baxter (to July||2020)|Mike Gordge (from April 2020)|||||||
|Michael Durant|||Sally Parker|||||||
|Ruth Inwood|||Rowan Moor|||||||
|Management
Committee||||||||||
|Churchwardens,|Operations||Director, Nick Baker, Sally||Parker, Peter Telford (also|||||
||||the Vicar, ex officio)|||||||
|Correspondence|address||The PCC Secretary,|Holy Trinity|||Church Centre,|||
||||Carlton Road, Redhill,||Surrey, RH1 2BX|||||
|PCC Bankers|||National
Westminster||Bank pic, Station Road,|||||
||||Redhill, Surrey, RH1||1QN,|||||
||||CAF Bank Ltd, 25 Kings|||Hill Avenue,||Kings|Hill,|
||||West Mailing,
Kent, ME194JQ|||||||
|Independent
Examiner|||Miriam Hickson, 5 Robin|||Hood Lane,||Sutton,||
||||Surrey, SM1 2SW|||||||
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##
|||||2020|2020|2019|
|---|---|---|---|---|---|---|
||||Note|||K|
|Fixed assets|||||||
|Tangible fixed assets||||447,|105|462,274|
|Investments||||~41|32|46737|
|||||4~88|433|~609011|
|Current assets|||||||
|Stocks|||||384|367|
|Debtors||||98,522||40,659|
|Cash at bank and||in hand||1497|(53|1 297 848|
|||||1,596&909||1,338,871|
|Liabilities|(falling|due within one year)||8|939|9921|
|Net current|assets|||1SSSsr||1 328960|
|I iabilities|(falling|due after more than one year)||67|9|66000|
|Total net assets|||||||
|Funds|||||||
|Unrestricted|||10|559,125||543,549|
|Restricted
Endowment|||11
11|1,408,985
~41
28||1,181,875
46 737|
##
##
|For the year ended|31 D|ecember 2|020||||
|---|---|---|---|---|---|---|
||||||2020|2019|
|UNRESTRICTED FUNDS|||||||
|Donations
from Members|||||285,991|289,969|
|Gift Aid Income Tax|||||60,993|55,651|
|Legacies|||||42,027|25,174|
|Other Income from Members|||||7,198|33,281|
|Church Centre Lettings|||||6,396|17,710|
|Grants|||||1,420|6,079|
|Investment
Income received|||||2,479|2,812|
|Other Income|||||3,402||
||||||409,906|430676|
|Local Expenditure||||184,563||220,265|
|Ordained
Ministers
snd Diocesan contribution||||179,240||175,878|
|Missionary
and Charitable
Giving Activities||||28,562||32,222|
|Change
in Long Term Loan|Liability|||1,965||2,360|
||||||394,330|430,725|
|Net income
/ (expenditure)
per the SoFA)|for the|reporting|period (as||15,576|(49)|
|RESTRICTED FUNDS|||||||
|Net flows from operating
activities|||||226 310|367,878|
|TOTAL FLOWS FROM OPERATING ACTIVITIES|||||240,886|367,629|
|Adjustment
for:|||||||
|Investment
income|||||(15,602)|(15,075)|
|Depreciation
charges|||||15,169|15,169|
|Change
In Long term Loan Liability|||||1,965|2,380|
|(Increase)/decrease
in Stock|||||(17)|(35)|
|(Increase)/decrease
in Debtors|||||(57,863)|115,896|
|Increase/(decrease)
in Creditors|||||(982)|(8,385)|
|Net Cash provided
by Operating||Activities|||183,558|477,559|
|Cash Flows from Investing|Activities||||||
|Purchase
of Fixed Assets|||||||
|Cash Flows from Financing
ActIvities|||||||
|Investment
Income received|||||15,602|15,075|
|TOTAL ALL FUNDS
Change
in Cash and Cash|Equivalents||||199,15S|492,634|
|Cash and Cash Equivalents|at 1 January||||1,287016|806 211|
|Cash and Cash Equivalents|at 31|December|||1,497,003|1,297,845|
##
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||||2020||||2019||
|---|---|---|---|---|---|---|---|---|
|2. Income||8|8||||||
|||Unrestricted|Restricted||Total|Unrestricted|Restricted|Total|
|2(a) ~Do
~iona a|||||||||
|leclacies|||||||||
|Planned
giving|||||||||
|- Gift Aided||251,581|||251,581|234,476||234,476|
|-Tax recoverable||60,993|||60,993|65,651||55,651|
|- Non Gift Aided||31,522|||31,522|28,721||26,721|
|-Envelops scheme||391|||391|2,826||2,826|
|Collections||2,387||285|2,672|14,577|6,175|20,752|
|Building ProJect|||||||||
|- Gift Aided|||129,146||129,146||127,514|127,514|
|-Tax recoverable|||34,946||34,946||22,021|22,021|
|- Non Gift Aided|||46,620||46,620||211,947|211,947|
|Don**a**tions
Klegacies
~g ti||42,137|1,500||43,637|3B,543|(2,557)|33,988|
|Grants||1,420|18,750||20,170|8,079|10,000|16,079|
|Allsorts||||||4553|400|4,953|
|||380,431|231,247||621,678|381,428|378,600|786,928|
|2(b) Activities|for||||||||
|~
f|d||||||||
|Courses and events||2,013|||2013|20,222||20222|
|||2,013|||2,013|20,222||20,222|
|2(o) Jggg~(gg)|||||||||
|~vatments|||||||||
|Dividends
and|interest|2479|13|123|15,602|2 812|12,263|15,075|
|||2.479|13r123||18i602|2,812|12,263|16,076|
|2(dolt
9 ig|||||||||
|Church Centre|lettings|6,396|||6,396|17,710||17,710|
|Bookstall||1,112|||1,112|3,221||3,221|
|Fees||4 073|||4,073|5285||5265|
|||11,581|||11,881|28,218||28,218|
|2(e) Other income|||||||||
|Job Retention|Scheme|2,733|||2,733||||
|Shopping service:|||||||||
|reimbursement||608|||608||||
|Other||61|||61||||
|||3,402|||3,402||||
|Total Income||409908|244,370||664 276|430676|387,763|818,439|
||||2020||||2019||
|---|---|---|---|---|---|---|---|---|
|3. Expenditure||6|6|||6|||
|||Un-||||Un-|||
|||restricted|Restricted||Total|restricted|Restricted|Total|
|3(a) Church activities|||||||||
|Missionary
&chadtable|||||||||
|giving
(Note f3)|||||||||
|- Overseas||19,579||112|19,691|21,576|300|21,878|
|-Relief 5 Development|||||||3,903|3,903|
|- Home||8,400||138|8,538|7,192|2,429|9,621|
|Timperley
Family Church||583|10|390|10973|3,454|10321|13,775|
|||28,582|10,840||39,202|32,222|16,953|49,175|
|tvtlnlstry|||||||||
|- Parish Support Fund||179,240|||179,240|175,878||175,878|
|-Assigned fees||244|||244|1,744||1,744|
|-Clergy expenses||3,123|||3,123|7,923||7,923|
|-Curate's house||||||40||40|
|-Youth, ohildrens'
ministers||57,625|||57,625|30,215||30,215|
|—Ministry
&youth training||232|||232|3,742||3,742|
|PCC Fees and donations||1,380|||1,380|1,469||1,489|
|Governance:
Independent|||||||||
|examination||2,732|||2,732|2,910||2,910|
|Church
running
costs||7,922|||7,922|13,030||13,030|
|Church
maintenance||543|2,|124|2,667|2,903||2,903|
|Services||1,088|||1,086|'l,255||1,255|
|Church Centre running|costs|18,858|||18,858|20,608||20,808|
|Church Centre depreciation||12,883|||12,883|12,883||12,883|
|Church Centre maintenance||2,012|||2,012|9,817||9,817|
|Church Centre building|||||||||
|project|||3,480||3,480||2,706|2,706|
|Bookstall||1,703|||1,703|3,285||3,285|
|Youth & outreach||3,978|2,816||6,794|11,908||11,908|
|Organist
&choir||4,671|||4,671|5,008||5,008|
|Church management|&||||||||
|administration|||||||||
|Administration||51,727|||51,727|52,140||52,140|
|Office expenses,
equipment||10,489|||10,489|9,720||9,720|
|Depreciation||2,288|||2,286|2,286||2,286|
|Allsorts||||||4,529|426|4,955|
|Other||930|||930|1 585||1 565|
|||392,226|19,060||411,286|407,078|20,085|427,163|
|3(b) Bahlggj.'Utig&|||||||||
|Courses and events||139|||139|21 287||21,287|
||||||139|21,287||21,287|
|3() ~0th
*Idit|I||||||||
|Change
in loan liability||1 985|||1,966|2,360||2,360|
|||1,965|||1,966|2,360||2,360|
|Total expenditure||394330|19080||413390|430,725|20 085|450 810|
##
|6.|Fixed Asse|ts|||||||
|---|---|---|---|---|---|---|---|---|
|||||Church|Centre|PCC|Curate' s||
|||||Centre|Contents|Equipment|House|Total|
||Cost||||||||
||At 1 January 2020|||644,158|40,800|26,388|83,000|794,348|
||Additions
during|year|||||||
||At 31 December|2020||844 158|40 800|~26|83000|794346|
||Depreciation||||||||
||At 1 January 2020|||268,190|40,800|23,082||332,072|
||Charge for year|||12883||2266||15169|
||At 31 December|2020||281 073|40 800|25 368||347 241|
||Net book value|at|||||||
||31 December 2020||||||||
||Net book value|at|||||||
||1 January 2020||||||||
|6.|Investments
(All Held In|||UK)|||||
||||||||31 December||
||||||||2020|2019|
||||||||E|E|
||CBF Investment|Fund:|582 shares||||11,900|11,132|
||M8G Charifund:|2,144|units||||29428|35605|
||Market value at|year end|||||||
||Value at 1 January||||||46,737|39,907|
||Revaluation
(loss) 1gain||||||~54 9|~6|
||Value at 31 December|||||||44zZ|
|7,|Debtors||||||||
||||||||2020|2019|
||||||||E||
||Goods and services||||||160|1,140|
||Accrued income|tax recoverable|||||50,803|36,861|
||Prepayments
&|other accrued income|||||4,032|2,658|
||Grant||||||||
||Legacies receivable||||||~43 52||
|8.|Liabilities|Due Within One Year|||||||
||||||||2020|2019|
||||||||6||
||Accruals and deferred||income||||4,365|4,867|
||Accrual for examiner's||fee||||2,700|2,880|
||Creditors
for goods and services|||||||243|
||Tax and social security||||||1 874|1 931|
||||||||@SR||
##
|mated
at each year end by the PCC using m
ent
in the foreseeable
future.|arket
information.
The PCC does no|t anticipate|
|---|---|---|
||2020|2019|
|||8|
|B/f provision|66,000|63,640|
|Loan received|||
|Change
in liability|1 965|2 360|
|C/f provision|||
##
|Analysis of Net Assets of F|Unds||||
|---|---|---|---|---|
||Un-|Res-|Endow-||
||restrlcted|trlcted|ment|Total|
|At 31 December 2020|||||
||8||E|E|
|Fixed assets|447,105||41,328|488,433|
|Current assets
Current and long term liabilities|188,924
~704)|1,406,985||1,595,909
~75904)|
|At 31 December 2019|||||
|||E|8|Z|
|Fixed assets|462,274||46,737|509,011|
|Current assets
Current and long term liabilities|155,568
i 74293)
~|1,183,303
~1628
L33LLliLi||1,338,871
~75 921)|
##
##
##
|||||2020|||2019||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Unrestricted|Reatrioted|Total|
|Crosslinks|||1,375||1,375|3,596||3,598|
|Interserve|||3,600||3,800|3,596||3,596|
|Mission Aviation|Fellowship||3,600||3,600|3,596||3,598|
|Nsvigstors|||3,600||3,600|3,598||3,598|
|Church
Mission|Society||3,600||3,800|3,596||3.596|
|Wycliffe Bible Transistors|||3,600||3,600|3,596||3,598|
|Compassion||||112|312||300|300|
|Total Overseas||||112|||2Z||
|Operation
Christmas||Child|||||1,194|1,194|
|Tear Fund|||||||2 709|2 709|
|Total Relief 6Development|||||||||
|Church Pastoral|Aid Society||3,300||3,300|3,596||3,596|
|SparkFish|||3,300||3,300|3,596||3,598|
|A Rocha|||500||500||||
|Welcare|||500||500||||
|Children's
Society|||300||300||376|378|
|Renewed
Hope|Trust||500|138|838||1,678|1,678|
|Mayor's charities|||||||231|231|
|Diocese of Southwsrk|||||||144|144|
|Total Home||||||||K621|
##