**REGISTERED CHARITY NUMBER: 1131052** ## **REPORT OF THE TRUSTEES AND** ## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020** ## **FOR** ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** Frank Hovell FCCA 35 Ruddles Way Windsor Berkshire SL4 5SF **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2020** |||**Page**|| |---|---|---|---| |**Report of the Trustees**||1|| |**Independent Examiner's Report**||2|| |**Statement of Financial Activities**||3|| |**Balance Sheet**|4|to|5| |**Notes to the Financial Statements**|6|to|14| |**Detailed Statement of Financial Activities**|15|to|16| **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 December 2020** The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1131052 ## **Principal address** St John the Baptist Windsor Parish Church High Street Windsor Berkshire SL4 1LT ## **Trustees** Canon S Lodge Rector M Harding Churchwarden K Allott Churchwarden I Mawhinney Treasurer (appointed 19.5.20) M Delaney E Davies K Kerr L Lightfoot J Evans (resigned 20.10.20) R Mc Connell K McQuillian R Bowden (resigned 20.10.20) E Bowden (resigned 20.10.20) ## **Independent Examiner** Frank Hovell Frank Hovell FCCA 35 Ruddles Way Windsor Berkshire SL4 5SF The Ecclesiastical Parish of New Windsor comprises The Parish Church of St.John the Baptist and All Saints Church. Approved by order of the board of trustees on ............................................. and signed on its behalf by: ........................................................................ Canon S Lodge - Trustee Page 1 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** ## **Independent examiner's report to the trustees of The Parochial Church Council of the Ecclesiastical Parish of New Windsor** I report to the charity trustees on my examination of the accounts of The Parochial Church Council of the Ecclesiastical Parish of New Windsor (the Trust) for the year ended 31 December 2020. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Frank Hovell Frank Hovell FCCA 35 Ruddles Way Windsor Berkshire SL4 5SF Date: ............................................. Page 2 **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 December 2020** |Unrestricted
funds
Notes
£
**INCOME AND**
**ENDOWMENTS FROM**
Donations and legacies
45,022
**Charitable activities**
charitable
1,193
Other trading activities
2
28,338
Investment income
3
2,714
**Total**
77,267
**EXPENDITURE ON**
Raising funds
1,187
**Charitable activities**
charitable
87,871
**Total**
89,058
Net gains on investments
-
**NET**
**INCOME/(EXPENDITURE)**
(11,791)
**Transfers between funds**
12
449
**Net movement in funds**
(11,342)
**RECONCILIATION OF**
**FUNDS**
**Total funds brought forward**
97,337
**TOTAL FUNDS CARRIED**
**FORWARD**
85,995|Restricted
Endowment
funds
funds
£
£
47,846
-
-
-
-
-
761
677
48,607
677
-
-
89,000
353
89,000
353
-
5,459
(40,393)
5,783
-
(449)
(40,393)
5,334
209,917
538,332
169,524
543,666|31.12.20
31.12.19
Total
Total
funds
funds
£
£
92,868
105,814
1,193
1,650
28,338
55,388
4,152
5,243
126,551
168,095
1,187
2,493
177,224
110,217
178,411
112,710
5,459
12,419
(46,401)
67,804
-
-
(46,401)
67,804
845,586
777,782
799,185
845,586|31.12.20
31.12.19
Total
Total
funds
funds
£
£
92,868
105,814
1,193
1,650
28,338
55,388
4,152
5,243
126,551
168,095
1,187
2,493
177,224
110,217
178,411
112,710
5,459
12,419
(46,401)
67,804
-
-
(46,401)
67,804
845,586
777,782
799,185
845,586| |---|---|---|---| ||||168,095
2,493
110,217| ||||112,710
12,419| ||||67,804
-| ||||67,804
777,782| ||||845,586| The notes form part of these financial statements Page 3 ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** ## **BALANCE SHEET 31 December 2020** |Notes
**FIXED ASSETS**
Tangible assets
6
Investments
7
**CURRENT ASSETS**
Debtors
8
Cash at bank
**CREDITORS**
Amounts falling due within one
year
9
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS**
**CURRENT LIABILITIES**
**CREDITORS**
Amounts falling due after more
than one year
10
**NET ASSETS**|Unrestricted
funds
£
-
-
-
4,230
98,090
102,320
(16,325)
85,995
85,995
-
85,995|Restricted
funds
£
-
-
-
13,000
156,524
169,524
-
169,524
169,524
-
169,524|Endowment
funds
£
525,000
118,749
643,749
-
723
723
-
723
644,472
(100,806)
543,666|31.12.20
Total
funds
£
525,000
118,749
643,749
17,230
255,337
272,567
(16,325)
256,242
899,991
(100,806)
799,185|31.12.19
Total
funds
£
525,000
113,290
638,290
8,913
316,596
325,509
(17,407)
308,102
946,392
(100,806)
845,586| |---|---|---|---|---|---| The notes form part of these financial statements continued... Page 4 ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** ## **BALANCE SHEET - continued 31 December 2020** |Unrestricted
Restricted
Endowment
funds
funds
funds
Notes
£
£
£
**FUNDS**
12
Unrestricted funds:
General fund
Concert Group
Parish Hall
Restoration General
Restricted funds:
Restoration
Organ
Friends Scheme
Choir
Bell Ringers
Endowment funds:
Honeybone Trust
New Parish Hall Fund
**TOTAL FUNDS**|31.12.20
Total
funds
£
20,391
2,374
41,957
21,273
85,995
15,030
121,798
16,230
560
15,906
169,524
84,749
458,917
543,666
799,185|31.12.19
Total
funds
£
33,392
2,365
43,049
18,531| |---|---|---| |||97,337
7,068
171,807
14,505
698
15,839| |||209,917
79,290
459,042| |||538,332| |||845,586| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. S Lodge - Trustee ............................................. I Mawhinney - Trustee The notes form part of these financial statements Page 5 **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2020** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Tangible fixed assets** Tangible fixed assets consist of the Parish Hall on land adjacent to All Saints Church . Depreciation has not been provided. The building is stated in the accounts at its current insured value. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. OTHER TRADING ACTIVITIES** |**OTHER TRADING ACTIVITIES**||| |---|---|---| ||31.12.20|31.12.19| ||£|£| |Hire income|18,295|45,090| |Mobile Mast Rent|10,000|10,000| |Magazines|43|298| ||28,338|55,388| Page 6 continued... **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 December 2020** ## **3. INVESTMENT INCOME** |**INVESTMENT INCOME**||| |---|---|---| ||31.12.20|31.12.19| ||£|£| |Deposit account interest|4,152|5,243| ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019. ## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
60,873
**Charitable activities**
charitable
1,650
Other trading activities
55,388
Investment income
2,723
**Total**
120,634
**EXPENDITURE ON**
Raising funds
2,493
**Charitable activities**
charitable
108,581
**Total**
111,074
Net gains on investments
-
**NET INCOME**
9,560
**Transfers between funds**
(2,591)
**Net movement in funds**
6,969
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
90,368|Restricted
Endowment
funds
funds
£
£
44,941
-
-
-
-
-
1,718
802
46,659
802
-
-
1,283
353
1,283
353
-
12,419
45,376
12,868
3,040
(449)
48,416
12,419
161,501
525,913|Total
funds
£
105,814
1,650
55,388
5,243| |---|---|---| |||168,095
2,493
110,217| |||112,710
12,419| |||67,804
-| |||67,804
777,782| continued... Page 7 **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 December 2020** |**5.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -**|**continued**|**continued**|| |---|---|---|---|---|---|---| |||Unrestricted|Restricted|Endowment||Total| |||funds|funds|funds||funds| |||£|£||£|£| ||**TOTAL FUNDS CARRIED FORWARD**|97,337|209,917|538,332||845,586| |**6.**|**TANGIBLE FIXED ASSETS**|||||| |||||||Long| |||||||leasehold| |||||||£| ||**COST**|||||| ||At 1 January 2020 and 31 December 2020|||||525,000| ||**NET BOOK VALUE**|||||| ||At 31 December 2020|||||525,000| ||At 31 December 2019|||||525,000| ||The Parish Hall was valued by the trustees at its current insured value on 31 December 2018.|||||| |**7.**|**FIXED ASSET INVESTMENTS**|||||| |||||31.12.20||31.12.19| |||||£||£| ||Shares|||84,749||79,290| ||Other|||34,000||34,000| |||||118,749||113,290| ||Additional information as follows:|||||| |||||||Unlisted| |||||||investments| |||||||£| ||**MARKET VALUE**|||||| ||At 1 January 2020|||||79,290| ||Revaluations|||||5,459| ||At 31 December 2020|||||84,749| ||**NET BOOK VALUE**|||||| ||At 31 December 2020|||||84,749| ||At 31 December 2019|||||79,290| ||There were no investment assets outside the UK.|||||| ||Investments (neither listed nor unlisted) were as follows:|||||| |||||31.12.20||31.12.19| |||||£||£| ||New Parish Hall Retained Capital|||34,000||34,000| continued... Page 8 **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 December 2020** |**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.12.20
£
Trade debtors
17,230
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.12.20
£
Trade creditors
16,325
**10.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
31.12.20
£
Other creditors
100,806
**11.**
**LOANS**
An analysis of the maturity of loans is given below:
31.12.20
£
Amounts falling due in more than five years:
Repayable otherwise than by instalments:
Other loans more 5yrs non-inst
100,806|31.12.19
£
8,913
31.12.19
£
17,407
31.12.19
£
100,806| |---|---| ||31.12.19
£
100,806| The loan was provided by the Diocese from the proceeds of the sale of the Old Parish Hall in 1989 to facilitate the construction of the New Parish Hall adjacent to All Saints Church. The loan is repayable in 2049 . The annual interest payment is £353. continued... Page 9 **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 December 2020** ## **12. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
Concert Group
Parish Hall
Restoration General
**Restricted funds**
Restoration
Organ
Friends Scheme
Choir
Bell Ringers
**Endowment funds**
Honeybone Trust
New Parish Hall Fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as
**Unrestricted funds**
General fund
Concert Group
Parish Hall
Restoration General
**Restricted funds**
Restoration
Organ
Friends Scheme
Choir
Bell Ringers
**Endowment funds**
Honeybone Trust
New Parish Hall Fund
**TOTAL FUNDS**|At 1.1.20
£
33,392
2,365
43,049
18,531
97,337
7,068
171,807
14,505
698
15,839
209,917
79,290
459,042
538,332
845,586
follows:
Incoming
resources
£
50,468
9
16,680
10,110
77,267
10,507
34,796
3,225
12
67
48,607
-
677
677
126,551|Net
movement
in funds
£
(21,450)
9
6,908
2,742
(11,791)
10,507
(54,054)
3,225
(138)
67
(40,393)
5,459
324
5,783
(46,401)
Resources
expended
£
(71,918)
-
(9,772)
(7,368)
(89,058)
-
(88,850)
-
(150)
-
(89,000)
-
(353)
(353)
(178,411)|Transfers
between
At
funds
31.12.20
£
£
8,449
20,391
-
2,374
(8,000)
41,957
-
21,273
449
85,995
(2,545)
15,030
4,045
121,798
(1,500)
16,230
-
560
-
15,906
-
169,524
-
84,749
(449)
458,917
(449)
543,666
-
799,185
Gains and
Movement
losses
in funds
£
£
-
(21,450)
-
9
-
6,908
-
2,742
-
(11,791)
-
10,507
-
(54,054)
-
3,225
-
(138)
-
67
-
(40,393)
5,459
5,459
-
324
5,459
5,783
5,459
(46,401)| |---|---|---|---| continued... Page 10 **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 December 2020** ## **12. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
Concert Group
Emergency Aid
Parish Hall
Restoration General
**Restricted funds**
Restoration
Organ
Friends Scheme
Choir
Bell Ringers
**Endowment funds**
Honeybone Trust
New Parish Hall Fund
**TOTAL FUNDS**|At 1.1.19
£
27,742
7,318
316
45,019
9,973
90,368
9,750
122,741
12,569
720
15,721
161,501
66,871
459,042
525,913
777,782|Net
movement
in funds
£
(2,799)
47
(316)
6,030
6,598
9,560
(722)
44,066
1,936
(22)
118
45,376
12,419
449
12,868
67,804|Transfers
between
funds
£
8,449
(5,000)
-
(8,000)
1,960
(2,591)
(1,960)
5,000
-
-
-
3,040
-
(449)
(449)
-|At
31.12.19
£
33,392
2,365
-
43,049
18,531| |---|---|---|---|---| |||||97,337
7,068
171,807
14,505
698
15,839| |||||209,917
79,290
459,042| |||||538,332| |||||845,586| continued... Page 11 **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 December 2020** ## **12. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Concert Group
Emergency Aid
Parish Hall
Restoration General
**Restricted funds**
Restoration
Organ
Friends Scheme
Choir
Bell Ringers
**Endowment funds**
Honeybone Trust
New Parish Hall Fund
**TOTAL FUNDS**|Incoming
resources
£
80,786
47
-
29,650
10,151
120,634
-
44,405
1,936
200
118
46,659
-
802
802
168,095|Resources
expended
£
(83,585)
-
(316)
(23,620)
(3,553)
(111,074)
(722)
(339)
-
(222)
-
(1,283)
-
(353)
(353)
(112,710)|Gains and
Movement
losses
in funds
£
£
-
(2,799)
-
47
-
(316)
-
6,030
-
6,598
-
9,560
-
(722)
-
44,066
-
1,936
-
(22)
-
118
-
45,376
12,419
12,419
-
449
12,419
12,868
12,419
67,804| |---|---|---|---| continued... Page 12 **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 December 2020** ## **12. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
Concert Group
Emergency Aid
Parish Hall
Restoration General
**Restricted funds**
Restoration
Organ
Friends Scheme
Choir
Bell Ringers
**Endowment funds**
Honeybone Trust
New Parish Hall Fund
**TOTAL FUNDS**|At 1.1.19
£
27,742
7,318
316
45,019
9,973
90,368
9,750
122,741
12,569
720
15,721
161,501
66,871
459,042
525,913
777,782|Net
movement
in funds
£
(24,249)
56
(316)
12,938
9,340
(2,231)
9,785
(9,988)
5,161
(160)
185
4,983
17,878
773
18,651
21,403|Transfers
between
funds
£
16,898
(5,000)
-
(16,000)
1,960
(2,142)
(4,505)
9,045
(1,500)
-
-
3,040
-
(898)
(898)
-|At
31.12.20
£
20,391
2,374
-
41,957
21,273| |---|---|---|---|---| |||||85,995
15,030
121,798
16,230
560
15,906| |||||169,524
84,749
458,917| |||||543,666| |||||799,185| continued... Page 13 **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 December 2020** ## **12. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Concert Group
Emergency Aid
Parish Hall
Restoration General
**Restricted funds**
Restoration
Organ
Friends Scheme
Choir
Bell Ringers
**Endowment funds**
Honeybone Trust
New Parish Hall Fund
**TOTAL FUNDS**|Incoming
resources
£
131,254
56
-
46,330
20,261
197,901
10,507
79,201
5,161
212
185
95,266
-
1,479
1,479
294,646|Resources
expended
£
(155,503)
-
(316)
(33,392)
(10,921)
(200,132)
(722)
(89,189)
-
(372)
-
(90,283)
-
(706)
(706)
(291,121)|Gains and
Movement
losses
in funds
£
£
-
(24,249)
-
56
-
(316)
-
12,938
-
9,340
-
(2,231)
-
9,785
-
(9,988)
-
5,161
-
(160)
-
185
-
4,983
17,878
17,878
-
773
17,878
18,651
17,878
21,403| |---|---|---|---| ## **Transfers between funds** The Parish Hall made quarterly transfers amounting to £8,000 from its income to the General Fund. The Friends of the Parish Church transferred £1,500 to the Parish Church Organ Fund. The All Saints Restoration Funds transferred £2,545 to the All Saints Organ Fund. ## **13. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2020. ## **14. RESTRICTED FUNDS** Restoration Fund comprises individual projects for which funds have been raised and expenditure undertaken. Parish Church Heating Fund £3,566: (2019 £3,566) The All Saints Church Restoration fund was created during the year on the receipt of a legacy of £10,000, The balances remaining in the 150th Anniversary Fund and the Reredos Fund were transferred to the new fund after making up the shortfall in the All Saints Organ refurbishment fund.£11,452: (2019 £3,522) Organ Fund comprises appeals for the refurbishment of the organs at both churches together with an appeal for a Four Organ Fund. In the year under review refurbishment of the organs at both churches was commenced. The work at All Saints was completed during the year. Parish Church £115,180: Funds raised £33,839 : Refurbishment costs £63,820: (2019 £149,161) All Saints Church £nil: Funds raised £421, transfer from All Saints Restoration Fund £2,545 Refurbishment costs £20,810: (2019 £17,844). Four Organ Fund £3,427: ( 2019 £3,427). Page 14 **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 December 2020** |**FOR THE YEAR ENDED**|**31 December 2020**|| |---|---|---| ||31.12.20|31.12.19| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|37,088|41,141| |Gift aid|6,336|8,616| |Legacies|10,000|-| |Planned giving|26,017|25,514| |Cash collections|4,973|9,324| |Offertory boxes|4,195|10,158| |Votive candles|4,259|11,061| ||92,868|105,814| |**Other trading activities**||| |Hire income|18,295|45,090| |Mobile Mast Rent|10,000|10,000| |Magazines|43|298| ||28,338|55,388| |**Investment income**||| |Deposit account interest|4,152|5,243| |**Charitable activities**||| |Parochial fees receivable|1,193|1,650| |**Total incoming resources**|126,551|168,095| |**EXPENDITURE**||| |**Other trading activities**||| |Candles and supplies|1,187|2,493| |**Charitable activities**||| |Insurance|9,469|8,997| |Light and heat|6,639|7,355| |Telephone|239|146| |Postage and stationery|276|1,412| |Parish share|28,341|31,850| |Family and youth worker|4,310|50| |Team administration costs|6,144|5,544| |Music|4,067|7,317| |Attendance fees|120|2,105| |Subscriptions|125|315| |Sanctuary - All Saints|-|237| |Flowers|-|335| |Maintenance charges|100,668|23,935| |Cleaning|2,407|2,503| |Carried forward|162,805|92,101| This page does not form part of the statutory financial statements Page 15 **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW WINDSOR** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 December 2020** ||31.12.20|31.12.19| |---|---|---| ||£|£| |**Charitable activities**||| |Brought forward|162,805|92,101| |Concert expenses|220|244| |Maintenance - Organs|-|913| |Parish Hall expenses|7,996|10,140| |Mission giving|3,000|3,000| |Grants payable|-|316| ||174,021|106,714| |**Support costs**||| |**Finance**||| |Bookkeeping|2,550|2,850| |**Governance costs**||| |Auditors' remuneration for non audit work|300|300| |Diocesan loan|353|353| ||653|653| |Total resources expended|178,411|112,710| |**Net (expenditure)/income**|(51,860)|55,385| This page does not form part of the statutory financial statements Page 16