| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 7 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| hiotes to the Financial Statements | 11 | to | 19 |
| 31.12.20 | 31.12.19 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
2 | 259,979 | 1,265 | 261,244 | 286,873 |
| Other trading activities Investment income |
3 4 |
10,501 43,497 |
10,501 43,497 |
52,070 33716 |
|
| Total | 313,977 | 1,265 | 315,242 | 372,659 | |
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Church work | 384,061 | 460 | 384,521 | 256,370 | |
| NET INCOME/(EXPENDITURE) | (70,084) | 805 | (69,279) | 116,289 | |
| Transfers between funds | 15 | 56,968 | ~56968) | ||
| Net movement in funds |
(13,116) | (56,163) | (69,279) | 116,289 | |
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward | 555,153 | 74,463 | 629,616 | 513,327 | |
| TOTAL FUNDS CARRIED FORWARD | 542,037 | 18,300 | 560337 | 629616 |
| Balance Sheet | |||||
|---|---|---|---|---|---|
| 31December 2020 | |||||
| 31.12.20 | 31.12.19 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | f | ||||
| FIXEDASSETS | |||||
| Tangible assets | 12 | 379,391 | 379,391 | 214,839 | |
| CURRENT ASSETS | |||||
| Debtors | 13 | 28,440 | 28,440 | 56,476 | |
| Cash at bank and in hand | ~139579 | 18,300 | 157,879 | 374,706 | |
| 168,019 | 18,300 | 186,319 | 431,182 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
14 | (5,373) | (5,373) | (16,405) | |
| NET CURRENT ASSETS | 162,646 | 18,300 | 180,946 | 414,777 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 542,037 | 18,300 | 560,337 | 629,616 | |
| NET ASSETS | 542,037 | 18,300 | 560337 | 629,616 | |
| FUNDS | 15 | ||||
| Unrestricted funds |
542,037 | 555,153 | |||
| Restricted funds | 18300 | 74,463 | |||
| TOTAL FUNDS | 560,337 | ~629 616 |
| DONATIONS AND |
LEGA | CIES | ||
|---|---|---|---|---|
| 31.12.20 | 31.12.19 | |||
| Donations Gift aid tax recovered Legacies |
206,514 51,730 3,000 |
233,000 53,873 |
||
| 261,244 | 286,873 | |||
| Donations received, included |
in the above, are as follows: | |||
| 31.12.20 | 31.12.19 | |||
| Donations by standing order Gift Aid envelopes Open plate service collections Sundry donations Restricted Funds income |
92,046 2,074 2,849 108,280 1,265 |
97,940 12,357 10,382 111,805 515 |
||
| 206,514 | 232,999 | |||
| OTHER TRADING | ACTIVITIES | |||
| 31.12.20 | 31.12.19 | |||
| f. | ||||
| Fundraising Church hall lettings Fees |
(84) 10,338 247 |
13,376 37,494 1,200 |
||
| 10501 | 52,070 |
| for | the Year Ended 31December 202 | the Year Ended 31December 202 | the Year Ended 31December 202 | 0 | |||
|---|---|---|---|---|---|---|---|
| 4. | INVESTMENT INCOME | ||||||
| 31.12.20 | 31.12.19 | ||||||
| Rents received | 42,701 | 31,459 | |||||
| Interest receivable | 796 | 2,257 | |||||
| ~43 497 | 33,716 | ||||||
| 5. | CHARITABLE ACTIVITIES | COSTS | |||||
| Grant | |||||||
| funding of | |||||||
| Direct | activities | Support | |||||
| Costs (see | (see note | costs (see | |||||
| note 6) | 7) | note 8) f |
Totals | ||||
| Church work | ~314375 | 14,070 | 56,076 | 384,521 | |||
| DIRECT COSTSOF CHARITABLE ACTIVITIES | |||||||
| 31.12.20 | 31.12.19 | ||||||
| Trustees' remuneration Staffcosts |
etc | 10,500 21,886 |
10,500 25,443 |
||||
| Contribution to |
the Diocesan Common Fund | 115,000 | 115,000 | ||||
| Church services | and music | 2,643 | 4,698 | ||||
| Clergy expenses | 2,815 | 1,903 | |||||
| Clergy house | 23,499 | 21,887 | |||||
| Church running | expenses | 13,761 | 16,502 | ||||
| Church maintenance | 118,287 | 5,893 | |||||
| Gas, water and electric | 5,980 | 9,008 | |||||
| Publicity | 4 | 526 | |||||
| 314,375 | 211360 | ||||||
| 7. | GRANTS PAYABLE | ||||||
| 31.12.20 | 31.12.19 | ||||||
| 6 | |||||||
| Church work | 14,070 | ~11 844 | |||||
| The total grants | paid to institutions | during the year was as follows: | |||||
| 31.12.20 | 31.12.19 | ||||||
| XLP | 2,500 | 850 | |||||
| C4WS CARIS Kirima Limited |
2,500 3,285 2,500 |
3,522 3,100 850 |
|||||
| Zimbabwe Victims Fund Made are |
2,500 785 |
3,522 | |||||
| 14,070 | 11,844 |
| Governance | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Management | Finance | costs | Totals | ||||||||
| Church | work | 55,083 | 273 | 720 | 56,076 | ||||||
| Support | costs, included | in the | above, are as | follows: | |||||||
| 31.12.20 | 31.12.19 | ||||||||||
| Church | Total | ||||||||||
| work | .activities | ||||||||||
| Wages | 11,498 | 18,759 | |||||||||
| Printing, | stationery, | telephone | and | internet | 13,859 | 10,803 | |||||
| Redundancy | 24,000 | ||||||||||
| Depreciation | oftangible | and heritage assets | 5,726 | 2,474 | |||||||
| Bank charges | 273 | 660 | |||||||||
| Independent | examination | 720 | 470 | ||||||||
| 56,076 | ~33 166 | ||||||||||
| TRUSTEES' | REMUNERATION | AND BENEFITS | |||||||||
| 31.12.20 | 31.12.19 | ||||||||||
| g | |||||||||||
| Trustees' | salaries | ~10500 | ~10 500 |
| Employees | 31.12.20 =2 |
31.12.19 2 |
||
|---|---|---|---|---|
| No employees received emoluments |
in excess off60,000. | |||
| Staffcosts, included | in the above, are as follows: | |||
| 31.12.20 | 31.12.19 | |||
| Direct charitable expenditure |
||||
| Youth worker | 15,886 | 18,711 | ||
| Organists and |
choir | 16,500 | 17,232 | |
| Supportcosts | ||||
| Parish administrator (Key management) |
11,498 | 18,759 | ||
| Termination payment (for Parish administrator) |
24,000 | |||
| 67,884 | 54,702 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 286,358 | 515 | 286,873 |
| Other trading activities | 52,070 | 52,070 | |
| Investment income |
33,716 | 33,716 | |
| Total | 372,144 | 515 | 372,659 |
| EXPENDITURE ON | |||
| Charitable activities |
|||
| Church work | 256,130 | 240 | 256,370 |
| NET INCOME | 116,014 | 275 | 116,289 |
| Transfers between funds | 13,830 | ~13830) | |
| Net movement in funds |
129,844 | (13,555) | 116,289 |
| RECONCILIATION OFFUNDS |
|||
| Total funds brought forward |
425,309 | 88,018 | 513,327 |
| TOTAL FUNDS CARRIED FORWARD | 555 153 | 74463 | 629,616 |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Improvements | ||||
| Freehold | to | Office | ||
| properly | property | equipment | Totals | |
| COST | ||||
| At 1 January 2020 | 182,464 | 23,122 | 44,957 | 250,543 |
| Additions | 169,899 | 380 | 170,279 | |
| At 31December 2020 | 182,464 | 193,021 | 45,337 | 420,822 |
| DEPRECIATION | ||||
| At 1 January 2020 | 35,704 | 35,704 | ||
| Charge for year | ~2145 | 3,582 | 5,727 | |
| At31December 2020 | ~2145 | 39,286 | 41,431 | |
| NET BOOK VALUE | ||||
| At 31December 2020 | 182,464 | ~190 876 | 6,051 | 379,391 |
| At 31December 2019 | 182,464 | ~23 122 | 9,253 | 214,839 |
| DEBTORS:AMOUNTS FALLING DUE WI | THIN ONE YEAR | |
|---|---|---|
| 31.12.20 | 31.12.19 | |
| Other debtors | 6,208 | 6,824 |
| Gift Aid | 22,232 | 49,652 |
| 28,440 | 56,476 |
| CREDITORSAMOU | NTSFAL | LINGDUE WITHIN ONE | YEAR | ||
|---|---|---|---|---|---|
| : | 31.12.20 | 31.12.19 | |||
| Other creditors Accrued expenses |
4,623 750 |
14,955 1,450 |
|||
| 5,373 | 16,405 | ||||
| MOVEMENT IN FUNDS | Net | Transfers | |||
| movement | between | At | |||
| At 1.1.20 | in funds | funds | 31.12.20 | ||
| Unrestricted funds General fund Fixed assets reserve |
340,314 214,839 |
(64,358) ~5726) |
(113,312) 170,279 |
162,646 379,391 |
|
| 555,153 | (70,084) | 56,968 | 542,037 | ||
| Restricted funds Church refurbishment Embroidery legacy Clock legacy Memorial garden fund Coleridge fund Hope window fund |
fund | 56,967 1,018 13,397 465 2,566 50 |
(400) (30) 1,235 |
(56,968) | (1) 1,018 13,397 65 2,536 ~1285 |
| ~74 463 | 805 | 56 968 | 18,300 | ||
| TOTAL FUNDS | 629,616 | ~69 279) | 560,337 | ||
| Net movement in funds, included |
in the above are as follows: | ||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds General fund Fixed assets reserve |
313,977 | (378,335) ~5,726) |
(64,358) ~5,726) |
||
| 313,977 | (384,061) | (70,084) | |||
| Restricted funds Memorial garden fund Coleridge fund Hope window fund |
30 1,235 |
(430) (30) |
(400) (30) ~135 |
||
| ~1265 | 460 | 805 | |||
| TOTAL FUNDS | ~315 242 | ~384,521) | ~69,279) |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.1.19 | in funds | funds | 31.12.19 | ||
| f | |||||
| Unrestricted funds |
|||||
| General fund Fixed assets reserve |
226,593 198,716 |
118,488 ~2,474) |
(4,767) ~18597 |
340,314 ~214839 |
|
| 425,309 | 116,014 | 13,830 | 555,153 | ||
| Restricted funds | |||||
| Church refurbishment | fund | 70,796 | (13,830) | 56,966 | |
| Embroidery legacy |
1,019 | 1,019 | |||
| Clock legacy | 13,397 | 13,397 | |||
| Memorial garden fund |
209 | 255 | 464 | ||
| Coleridge fund | 2,597 | (30) | 2,567 | ||
| Hope window fund |
50 | 50 | |||
| 88,018 | 275 | 13830 | 74,463 | ||
| TOTAL FUNDS | 513,327 | 116,289 | ~629 616 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| f. | |||
| Unrestricted funds |
|||
| General fund Fixed assets reserve |
372,144 | (253,656) ~2474) |
118,488 ~2,474) |
| 372,144 | (256,130) | 116,014 | |
| Restricted funds | |||
| Memorial garden fund |
465 | (210) | 255 |
| Coleridge fund |
(30) | (30) | |
| Hope window fund | 50 | 50 | |
| 515 | 240 | 275 | |
| TOTALFUNDS | 372,659 | ~256370) | ~116 289 |