2020-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St. David's Moreton-In-Marsh With St. Mary's Batsford

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Contents		Page
Statutory Information		3
MembershipofCommittees		5
Annual Report		6
StatementofPCC Responsibilities		13
Independent Examiner's Report		14
StatementofFinancial Activities	f	--^ ^ 15
Balance Sheet		17
Notesto theFinancial Statements		18

Appointments:	Duringtheyear, the following appointments were madebythe PCC:	Duringtheyear, the following appointments were madebythe PCC:
	Mr John Woodall	Treasurer from 21 October 2020
	Mrs Wendy Webber	Electoral roll Officer
	MrsJoSpreeth	PCC Secretary from 21 October 2020
Employees:	TheRevBen Thompson	Pioneer Minister (MemberofDiocesan
		Synod)
	Miss Claire Mason	Parish Worker
	Mrs Margo Stansbury	Church Administrator
	Mrs Jean Drummond	Assistant Treasurer
	Mr Robert Mayhew	Youth and Children's Worker (to July
		2020)
	Mr Nico Spreeth	Youth and Children's Worker (from July
		2020)
	MrsJoSpreeth	Ministry Assistant (from July 2020)
	Miss Sharon Squires	IT and Communications Worker (from
		July 2020)
	Mrs Lorna Didcot	Centre Cleaner
Status:	The Parochial Church Councilofthe Ecclesiastical ParishofSt David's Moreton-
	in-Marsh withStMary's Batsford (PCC) was registeredin theRegisterofCharities
	withtheCharity Commissionon12'" August 2009 withtheRegistered Number
	1131097

Investment	CCLA Investment ManagementLtd
Managers:	ChurchofEngland Funds
	Senator House
	85 Queen Victoria Street
	London EC4V4ET

7.3	Asregulations permitted,twooutdoor trails were organisedforlocal families,one on
	Halloween andonebefore Christmas. Groupsofchildren and adults were senton a
	short walking route around Moretonin theearly eveningtospotlit upwindow displays
	preparedbychurch members living within reasonable proximityof StDavid's Church.
	Both were very well attendedandprovided great opportunitiestomeet local familieswho
	werenotchurch members.
7.4	Thechurch seekstosupport partnersinmission bothin the UKand beyond. Financially
	ithasbeenourpracticeinrecent yearstogive away approximately 10%of ourGeneral
	Fund gift incometosupport missionary and church societies and relief and development
	agencies.
7.5	Oneofthe benefitsoflockdown andsomuchofchurch life moving onlineisthatwe
	have had more direct contact withourmission partners.All ofthem have been
	interviewedat aSunday service over the past year and have joinedaWednesday prayer
	meeting.
7.6	David and Georgina Gray work with Wycliffe Bible Translators whose missionis to
	communicate the WordofGodtopeople whoarestill waitingtohear the gospel
	messageintheir own language.Aswellastranslation work into Central Asian
	languages, theyareinvolvedinteaching and training, literacy work and community
	engagement. ^ / - - v^ ^ ^ . v -
7.7	Steve and Flor Taylor liveinThailand where SteveisDeanofBangkok Bible Seminary.
	The visionofthis theological collegeis toprovide Biblically based ministry trainingfor
	Thai Christiansaswellas toprepare and equip those calledtoexpository teachingand
	preaching.
7.8	M, Hand their four children livein asmall market towninNorth Africa. They seekto
	share God's love and blessing with people livinginremote villages andtoencourage
	believersinJesus through regular visits.
7.9	Sandy and Kirsten Russell serve among Kurdish peopleinnorthernIraq,especially
	workingonBible projects.TheBiblehasrecently been translated into Sorani Kurdish
	and workisongoingtomake the scriptures, and supporting materials, widely available
	andtoengage more deeply with Kurdish people.
7.10	In2020,wesupported CORD,acharity engagedinconflict resolution exclusion,
	currently workinginBurundi, Myanmar, Cambodia, Laos and Vietnam.Wealso
	supported Open Doors, which worksinover60countries, supplying Bibles, training
	church leaders and supporting Christians who sufferfortheir faith.
8	St David's Centre
8.1	Lossofrental incomehasresultedin anoverall negative balanceinoperations over the
	past year.Tocompensate, maintenancehasbeen keptto aminimum and repairs have
	been deferred. One the positive side,wehave confirmation fromall ourregular users
	that they intendtoreturn when permitted and ableto do sosafely.TheBrownies, Youth
	Club,Dance classes, the jazz concert and Longborough operaallwanttoreturnto the

		UNRESTRICTED FUNDS	UNRESTRICTED FUNDS	UNRESTRICTED FUNDS	RESTRICTED	RESTRICTED	TOTAL 2020	TOTAL
					FUNDS			2019
		General		Designated
	Notes	Fund		Funds
		£		£	£		£	£
INCOMING RESOURCES
Voluntary Income
Regular Giving
Regular Gift Aided Giving		114,649		-		22,692	137,341	125,732
Tax Recoverable		28,662		-		5,673	34,335	31,433
Regular Non Gift Aided Giving			13,649	-		16,822	30,471	33,752
Total Regular Giving		156,960		-		45,187	202,147	190,917
Other Giving
AdHocDonations			19,458	500		5,810	25,768	38,391
Collectionsatmeetings			3,855	-		-	3,855	12,426
Special collections			-	-		1,401	1,401	4,185
IncomeTaxRecoverableonother giving			1,376	125		779	2,280	3,558
Grants Received	2		-	7,000		7,703	14,703	14,250
Income from Charitable Activities
Baptism,Wedding, Funeral Fees			4,568	-		-	4,568	6,587
Church lettings			75	-		-	75	410
Centre lettings			-	13,734		-	13,734	19,978
Subscriptions			64	-		1,537	1,601	4,922
Bookstall sales			-	94		-	94	1.240
Investment Income
Bank Interest			188	101		-	289	502
Dividend income			-	-		197	197	463
Other Incoming Resources
Miscellaneous Income			746	1,000		12,142	13,888	4,480
Total Incoming Resources		187,290		22,554		74,756	284,600	302,310
Total Resources Expended		(169,291)		(24,853)	(94,847)		(288,991)	(276,265)
Net gains/losses on Investments			-	-		414	414	236
Net movement for the year before transfers			17,999	(2,299)	(19,677)		(3,977)	26,281
Transfers between funds
From General FundtoRestricted Missions	Fund	(18,165)		-		18,165	-	-
From Restricted FundstoGeneral Fund			9,587	-		(9,587)		-
Net movement for the year			9,421	(2,299)	(11,099)		(3,977)	26,281
Balances bought forward			43,367	437,508		91,837	572,712	546,431
Balances carried forward			52,788	435,209		80,738	568,735	572,712

		UNRESTRICTED FUNDS	UNRESTRICTED FUNDS	UNRESTRICTED FUNDS	RESTRICTED	RESTRICTED	TOTAL	TOTAL
					FUNDS		2020	2019
		General	Designated
	Notes	Fund	Funds
		£	£		£
Charitable Activities
Missionary and Charitable Giving
Overseas Missionary Societies	4.1					12,500	12,500	14,700
Home Missions and Church Societies	4.2	15				2,200	2,215	2,765
Relief and Development Agencies	4.3					716	716	2,586
Other Charities						1,661	1,661	4,075
Ministry Salaries, Benefits and Expenses
Diocesan Parish Share		88,876					88,876	85,800
Staff Salaries,Nl andPensions		54,003	8,866			46,259	109,128	92,829
Employee-Expenses		4,041				5,390	9,431	10,805
Running Expenses
Church Utilities		2,108	4,103				6,211	8,261
Church Insurance		4,967	1,712				6,679	6,426
Church Maintenance		1,658				6,656	8,314	9,799
Centre Maintenance			3,630				3,630	5,831
UpkeepofServices		2,182					2,182	2,133
Other Activities
Weddings and Funerals		2,107					2,107	2,759
Church Groups						1,723	1,723	5,260
Church Events/Courses		150				225	375	1,666
Bookstall Costs				196			196	1,168
Training		760					760
Miscellaneous Expenses		1,041		142		14,944	16,127	4,948
Capital Expenditure
New Building Work						435	435
New /Replacement Furniture&Equipment		106		96		1,654	1.856	355
Depreciation		1,736	5,614			385	7,735	7,263
Costs of Generating Funds
Planned Giving Envelopes		72					72	74
Governance and Support
Independent Examiner's Fees		570		494			_1,064	1,140
Communications/marketing		150					150	183
Administration		4,749				98	4,847	5,412
Other Resources Expended
Discretionary Payment								27
Total Resources Expended		169,291	24,853			94,847	288,991	276,265

					UNRESTRICTED FUNDS	UNRESTRICTED FUNDS	UNRESTRICTED FUNDS	UNRESTRICTED FUNDS	RESTRICTED	RESTRICTED	TOTAL	TOTAL
									FUNDS		2020	2019
							Designated
		Notes		General		Fund	Funds
				_	£	_	£		£		£	£
Fixed Assets
Tangible Fixed Assets			6			1,666	385,851		'	1,667	389,184	393,863
Investments
COIFMIM1CAP						-		-		1,762	1,762	1,655
C01FMIM2 CAP										4,752	4,752	4,465
COIFTB CAP										338	338	318
Total Fixed Assets						1,666	385,851			8,519	396,036	400,301
Current Assets
Stock
Bookstall								162			162	305
Debtors
Sundry Debtors			7			3,576		1,256		24,385	29,217	19.510
VAT Receivable	. .		'^.^					230			230	219
Short term deposits
CBF Deposit Account-Church						3,466				40,000	43,466	43,283
CBF Deposit Account-Centre								23,828			23,828	23.727
Cash at Bank and in Hand
Lloyds						24,926				1,020	25,946	40,335
Lloyds- StDavid's Centre						21,000		26,519		14,531	62,050	57,068
CashinHand						244					244	479
Total Current Assets						53,211		51,995		79,936	185,142	184,926
Current Liabilities				,	,
Creditors
Sundry Creditors			8			(2,089)		(2,073)		(7,717)	(11,879)	(11,861)
VAT Payable								(564)			(564)	(654)
Total Current Liabilities						(2,089)		(2,637)		(7,717)	(12,443)	(12,515)
Net Current Assets						51,122		49,358		72,219	172,699	172,411
Total Assets						52,788	435,209			80,738	568,735	572,712
Financed by:
Current Year Net Movements						9,421		(2,299)	(11,099)		(3,977)	26,281
Balances brought forward		01.01.20				43,367	437,508			91,837	572,712	546,431
Balances carried forward 31.12.20						52,788	435,209			80,738	568,735	572,712
LayChairofPCC							Churchwarden
Date ZL			'Xj*OSU*				Date	XL

Ministry Team	For the salary, benefits, expenses and trainingofthe Ministry
	Team.
Youthand	For the salary, benefits, expenses and trainingofthe Youth
Children's Worker	and Children's Worker.
Pioneer Minister	For the salary, benefits, expenses and trainingofthe Pioneer
	Minister, including PhD study.
Buildings
St David's Fabric	For the maintenanceofthe fabricof StDavid's Churchand
	particularlyforthe work requiredtoimplementthe
	recommendationsofthe five-yearly architectural inspection
	and report.
St Mary's Fabric	For the maintenanceofthe fabricofSt Mary's Churchand
	particularlyforthe work requiredtoimplementthe
	recommendationsofthe five-yearly architectural inspection
	and report.
Bell Tower	For repairs and maintenanceofthe bell towerat StDavid's
	Church.
Mission
For Missions	For the overseas and home missions and relief and
	development agencies supportedbythe PCC.
North Cotswolds	For expensesonfuture activities and talkstoreachout and
Gospel Partnership	bless the Cotswold community, withanybalances carried
	fonward from one eventto thenext similar one.
Evangelism	For expenses associated with running local evangelistic
	missions including Christianity Explored.
Children and Youth
Children	For equipment, resources and fundingofeventsforchildren
	suchasSunday Club and Mums and Tots.
Youth	For equipment, resources and fundingofeventsforyoung
	people suchas BigFishandBridge.

Grant Making Body	Purpose		2020	2019
			£	£
MoretoninMarsh Charity	Youth		-	522
Gloucester Diocesan Board	Pioneer Minister		-	5,500
Sylvanus Lysons Trust	Youth Worker		-	2,500
Edith Mann	Children&Youth	-	455	910
Listed PlacesofWorship	Bells		592
Listed PlacesofWorship	Batsford		1,109	778
Friendsof StMary's	Batsford		5,547	4,040
Dulverton Trust	Children and Youth		7,000	-_
			14,703	14,250

		2020	2019
		£	£
4.1 Overseas Missionary Societies
Bible Society		-	500
Church Mission Society		4,500	500
Intercontinental Church/Mountstephen			500
AIM International (Matt& Amy Dixon)		-	8,600
Open Doors	•	1,000	1,000
TaylorsinThailand		1,000	600
Wycliffe Bible Translators		2,000	1,500
Middle East Christian Outreach		2,000	1,500
People International		2,000
		12,500	14,700

4.2 Home Missions and Church Societies	4.2 Home Missions and Church Societies
Church Army			ri;	-	1,000
Church Urban Fund				-	250
North Cotswolds Deanery				15	15
South Central Gospel Partnership				100	500
Gaines Christian Youth Centre	,/			-	1,000
Keswick Ministries				100
Church PastoralAidSociety				1,000
Superkidz Community Trust				1,000
				2,215	2,765
4.3 Relief and Development Agencies
Cord				500	500
Global Care (Sunday Club)				216	216
Tear Fund		' "		-	620
MU Literacy Fund				-	250
Shevet Achim				-	1,000
				716	2,586

	St David's	St Mary's	St David's	St David's
	Church	Church		Centre
	£	£		£
Building and Contents	11,590,000	8,690,000		1,638,419
Consequential Loss	100,000	100,000	•^	100.000
Public Liability	10,000,000	10,000,000		5,000,000
Employers Liability	10,000,000	10,000,000		10,000,000

	Centre	Centre	St David's	St Mary's
	Freehold	Furniture	Furniture	Furniture
	Land&	Fixtures&	Fixtures&	Fixtures&
	Buildings	Equipment	Equipment	Equipment	Total
	£	£	£	£	£
Cost
At 01/01/20	461,166	69,471	62,476	3,714	596,827
Additions			3,056		3,056
At 31/12/20
	461,166	69,471	65,532	3,714	599,883
Depreciation
At 01/01/20	71,706	67,466	60,078	3,714	202,964
Chargeforthe
year	4,612	1,002	2,121	:	7,735
At31/12/20	76,318	68,468	62,199	3,714	210,699
Net Book Value
At 31/12/20	384,848	1,003	3,333		389,184
At 31/12/19	389,460	2,005	2,398		393,863

	2020	2019
	£	£
Gift Aided claimstoHMRC	3,581	8,980
Prepayments and other debtors	25,636	10,225
Promised donation	-	305
	29,217	19,510

	2020	2019
	£	£
Accrued expenses	3,677	4,625
Committed Giving		488
Prepaymentsofincomeandother creditors	8,202	6,748
	11,879	11,861

	Balance	Incoming	Resources	Funds		Balance
	at	Resources	expended	Transfers		at
	1/1/20					31/12/20
	£	£	£	£		£
Centre Trading	396,568	15,460	24,657		-	387,371
Bookstall	2,447	94	196			2,345
Centre Reserve	5,493					5,493
General Reserve	33,000	7,000				40,000
Total Designated Funds	437,508	22,554	24,853			435,209

	Balance	Incoming	Resources	Funds	Balance
	at1/1/20	Resources	expended	Transfers	at
					31/12/20
	£	£	£	£	£
Ministry Team		7,689		(7,689)
Pioneer Minister	27,975	20,525	31,715		16,785
Youtti&Children's Worker	12,318	11,208	21,637	(1,888)
Total Ministry	40,293	39,422	53,352	(9,577)	16,785
St David's Fabric	10,291	165			10,456
St Mary's Fabric	82	6,656	6,656	-	82
Bell Tower	511	2,114	1,252		1,373
Total Buildings	10,884	8,935	7,908	-	11,911
For Missions	6,984		15,000	18,165	10,149
NCGospel Partnership	716	1,603	425	(10)	1,884
Evangelism	4,261	3,806	1,403		6,664
Christians against Poverty	6,901	759	11		7,649
Total Mission	18,862	6,168	16,839	18,155	26,346
Children	6,139	533	636	-	6,036
Youth	852	302	169		985
Total Children and Youth	6,991	835	805	-	7,021

Seniors	5,781	1,214	1,222	-	5,773
Retreat Weekend	4,481	1,256	-	-	5,737
Total Groups	10,262	2,470	1,222	-	11,510
For Others		13,395	13,395
Rector's Discretion	4,546	3,945	1,326	-	7,165
Total Others	4,546	17,340	14,721	-	7,165
Total Restricted Funds	91,837	75,170	94,847	8,578	80,738