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2020-12-31-accounts

Unrestricted Restricted Endowment 2020 2019
Note Funds Funds Funds Total Funds FunCh
Incoming Resources
Incoming resources from generated funds
Voluntary
income
2(a) 158,902 8,813 0 167,715 '/12,020
Activities for generating
funds
2(b) 19,903 2,072 0 21,975 30„194
Investment
income
2(c) 164 4,875 2,086 7,126 5,999
Incoming
resources from charitable
activitie. 2(d) 3,864 3,1S6 0 7,060 11,269
Other incoming
resources
2(e) 646 0 0 646 "/,121
Total Incoming Resources 183,478 18,957 2,086 204,521 f61,603
Resources used
Cost ofgenerating
funds
Fundraising
trading cost ofgoods sold
3(a) 415 0 0 415 4,403
Charitable
activities
3(b) 161,436 39,754 250 201,440 182,0'/8
Governance
costs
3(c) 500 0 0 500 500
Other outgoing resources 3(d) 5,222 0 0 5,222 1„'/21
Total resources used 167,573 39,754 250 207,577 188,042
Net incoming/Outgoing
resources
15,905 (20,797 1,836 (3,056) $26,439)
Before transfers
Transfers
Transfers
between
funds
12(d) (7,480) 7,480
Other recognised
gains/losses
Gains
/ losses on investment
assets 11/12 0 9,689 4,512 14,201 32,904
Net movement
in funds
8,425 (11,108) 13,828 11,145 6,465
Reconciliation
offunds
Total Funds brought forward 37,150 208,427 69,611 315,188 308„723
Total Funds carried forward 45,575 197,319 83,439 326,333 315,$88

Total
Notes 2020
Fixed Assets
Tangible Assets 11,178
Investments 232,209
243,387 209,669
Current Assets
Debtors 17,301 'I0,586
Cash at bank and in hand 87,652 708,68?
104,953 f19,2?3
Liabilities
Creditors 22,007
Amounts
falling due in one year
Net current assets lees current liabilities 82,946 "l05,5l9
Total net assets less current liabilities 326,333 345,$88
Represented by
Unrestricted Funds
General Reserves 27,002 8,366
Designated Funds 10 18,574 28,?84
Total Unrestricted Funds 45,576
Restricted Funds 197,318 208,42?
Endowment Funds 12 83,439
326,333

2(f) Non-recurring 2(f) Non-recurring 2(f) Non-recurring Grants Grants 2020
Received From
Friends of Dedham
Church
(Hospitality unit) 38,759
Dedham Ecclesiastical
Lectureship
Trust (Vicars working expenses, missions &resources, AV System 20,584
Listed Place ofWorship Grant Scheme (VAT grant) 13,523
Ardleigh PCC (helpline) 200
Padish Council (Churchyard 8 helpline) 1,700
Nicholas Young Foundation (Duchy Barn maintenance) 1,000
Friends ofEssex Churches (Hospitality unit) 3,000
Total non-recurring
grants
78,766
Total
Unrestricted
Designated
funds
funds
Restricted
funds
Endowment
funds
2p2p
3(a) Fundraising trading cost ofgoods
Fundraising
events
sold
costs
0 0 358
Tower tour costs 0 0 0
Duchy Barn Rent & counter supplies 57 0 57
Fundraising
trading cost
358 57 0 415
3(b) Charitable
Giving:
activities
Overseas missions
0 0 1,000 0 1,000 1,645
UK missions 0 0 1,072 0 1,072 745
Parish Share: Diocesan Parish Share 52,578 0 0 0 52,578 52,574
People: Parish Secretary: costs 7,029 0 0 0 7,029 7,867
Financial
admin: costs
4,402 350 0 0 4,752 4,752
Director of Music/organists 4,564 0 0 0 4,564 4,474
Children 8 Families worker 0 0 0 0 0 18,194
Vicar: Working expenses 1,651 0 0 0 1,651 2~042
Parish Oflice Phone/internet 551 0 0 0 551 489
Office Expenses 3,119 150 0 0 3,269 3;722
Cost ofactivities: Parish Magazine: costs 7,563 0 0 0 7,563 7,386
Resource Centre: stock costs 345 0 0 0 345 1,268
DPC: Insurance 7,508 0 0 0 7,508 7„749
Training
&missions
911 0 0 0 911 3,086
Other 738 0 0 250 988 1,3'/9
Organ maintain 0 0 1,082 0 1,082 703
Maintenance 3,226 0 0 0 3,226 3,278
Cleaning 3,629 0 0 0 3,629 3,455
Security 2,459 0 0 0 2,459 2,559
Services upkeep 5,317 1,325 0 0 6,642 5,487
Children
8 Families
worker expenses 0 0 0 0 0 443
Churchyard
upkeep
645 0 5,131 0 5,776 5,809
Electricity 806 0 0 0 806 I'281)
Water Rates 172 0 0 0 172 255
Heating
oil
1,697 0 0 0 1,697 2,410
Muniment
Room
0 0 258 0 258
Major Capital Works 43,564 173 31,211 0 74,948 34,760
Duchy Barn Utilities 0 1,254 0 0 1,254 "/,114
Insurance 0 423 0 0 423 555
Telephone 0 511 0 0 511 463
Maintenance 0 1,050 0 0 1,050 3,79?
Other Exps: Depreciation:
fixed
assets 3,726 0 0 0 3,726 0
Charitable
activities
156,200 5,236 39,754 250 201,440
3(c) Governance costs
PCC governance costs: 500 0 500 500
Governance costs 500 0 500
3(d) Other Outgoing Resources
Other outgoings 5,051 0 5,051
Payments
offset by Receipts
171 0 171
5,222 0 5,222
Total Resources used 162280 5,293 39,754 250 207577

Staff costs Staff costs Staff costs 2020 20'l9
Two people were employed
by the PCC during
the year.
Parish Secretary (Salary is paid in part by D.E.L.T.to a value ofF3,600) 7,029 7,867
Childrens
8 family worker (costs paid in full by D.E.L.T.)
0 'l8,'l34
Organist Salary 4,564 4,474
Contractor costs 2020 2019
Financial
Administration
4,752 4,752
Churchyard
Maintenance
4,772 4„783
Cleaning 2,591 3,443
Magazine
Editor
1,521 2,354
Magazine
Co-ordinator
825 0
Payments to PCC members
One PCC member
is paid for their work at
Funerals
and Weddings
by the PCC, acting as agents, for the funeral
directors. Members ofthe PCC received Nil expenses
in the course
oftheir duties.
4 Tangible assets 2020 2019
Equipment
Brought forward 8,356 8,356
Additions 0 0
8,356 .8,356
Depreciation
b/fwd
(8,356) (8,366)
Depreciation
charge
0 0
(8,356) (8,356)
Net Book Value 0 0
Furniture &Fixtures
Brought forward 4,970 4,970
Additions 14,905 0
19,875 4,970
Depreciation
b/fwd
(4,970) (4,970)
Depreciation
charge
(3,727) 0
(8,697) (4,970)
Net Book Value 11,178 0
Total Tangible assets 11,178 0
5 Investment Assets 2020 2019
CDBF7,336.04 units 149,998 'l40,309
Heath Fund
COIF 1552.24 units 27,901 'l8,988
Parochial
Benefit Fund
CDBF757.86 units 15,527 14,527
Churchyard
Trust
CDBF786.18units 16,108 /4,632
Tithe Chancel Trust
CDBF 1,109.04 units 22,675 21,212
Vicars 1970Discretionary Fund
Total investment
Fund
232,209 209,669

Forthe Year en ded 3 1 Decemb er 2020
Debtors 2020
Debtors 3,379 2,374
Church Insurance
prepayment
4,437 4,339
Taxto be reclaimed 9,485 3,874
Total Debtors 17,301
Liabilities 2019
Creditors 2,442 3,838
Parish Share 9,306 4,574
Mission Donations 1,072 '/,645
Magazine advertising receipts for 2021 9,187 3,897
Total creditors 22,007
Analysis of Funds
Total
Unrestricted Designated Restricted Endowment 2020
Barclays Current 19,878 3,506 23,384
CCLA Deposit 352 19,227 43,464 1,226 64,268 97,4'/9
Debtors 15,021 2,281 17,301 10,586
35,251 19,227 49,250 1,226 104,953 119,273
Reserves
Fund balance Losses Fund balance
b/fwd c/fwd
Incoming Outgoing Transfers
General
Fund
8,366 180,916 (162,280) 27,002
8,366 180,916 (162,280) 27,002
N.B.the closing balance includes the capitalisation ofthe Audiovisual system less depreciation
Designated Funds
Fund balance
Notes b/fwd
Incoming Outgoing Transfers Losses Fund
c/fwd
balance
Music Fund 491 2 (115) 0 378
Tower Fund (a) 10,198 150 0 0 10,348
Flower Fund (b) 3,728 47 (1,211) 0 2,564
Office Equip. Fund 1,098 5 (150) 0 953
Seasonal Frontals (c) 1,981 11 0 0 1,992
Duchy Barn Fund (d) 11,115 2,348 (3,645) (7,480) 2,338
Welcome project (e) 172 0 (172) 0 0
28,784 2,563 (5,293) (7,480) 18,574