## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |For the year ending
3|1 Dece|mber|2020||||||| |---|---|---|---|---|---|---|---|---|---| ||||2020|2020||2020|2020||| |||Note|Unrestricted
Funds
f|Restncted
Funds|Endowment
Funds||Subsidiary
funds
f|TOTAL
2020f|TOTAL
2019| |INCOME|||||||||| |Donations,
grants
&legacies||2(a)|165779|4563||||170,342|183,418| |Fundraising
income||2(b)|4,656|7,239||||11,895|15,190| |Income from Investments||2(c)|12,953|||||12,954|14,070| |Church
Activit/es||2(d)|7,418|||||7,418|24,615| |Income retained
in Subsidiary|company|11|||||15,826|15,826|21,167| |TOTAL INCOME|||190,806|11,803|||15,826|218,435|259,460| |EXPENDITURE|||||||||| |Grants and donations||3(a)|4,876|13,450||||18,326|41,909| |Fund Raising Costs
Church
Activities||3(b)
3(c)|176,139|13,027||||189,166|242,939| |Expenditure
by Subsidiary
company
TOTAL EXPENDITURE||11|181,015|26,477|||14,314
14,314|14,314
221,806|14,759
299,617| |NET INCOME
/ (EXPENDITURE)
BEFORE GAINS / (LOSSES)|||9,791|(14,674)|||1,512|(3,371)|(40, 157)| |Gains
/ (Losses) on Investments|||2,581|1,725||19,527||23,833|48,575| |NET INCOME
/ (EXPENDITURE)|||12,372|(12,949)||19,527|1,512|20,462|8,418| |BEFORE TRANSFERS|||||||||| |Transfers
between funds||10|(17,122)|17,122|||||| |NET MOVEMENT
IN FUNDS:|||(4,750)|4,173||19,527|1,512|20,462|8,418| |Balances b/fwd. 1st January|||186,317|85,987||342,357|10,522|625,183|616,765| |Balances c/I'wd. 31st December|||181,567|90,160||361,884|12,034|645,645|625,183| ## ## ||||||TOTAL|TOTAL| |---|---|---|---|---|---|---| ||||||2020|2019| |||||Note||| |FIXEDASSETS||||||| |Tangible
Investment|||||2,006
428,548|2,006
404,715| |TOTAL FIXEDASSETS:|||||430,554|406,721| |CURRENT ASSETS||||||| |Debtors||||7|1,957|12,491| |Cash at Bank and in|Hand - Charity accounts||||209,106|214,812| |Cash at Bank and in|Hand - Subsidiary||account'.|11|12,034|10,522| |TOTAL CURRENT ASSETS|||||223,097|237,825| |LIABILITIES
Creditors: Amounts
Falling due in one|||year|8|(6,530)|(15,353)| |NET CURRENT||ASSETS|||216,567|222,472| |TOTAL ASSETSLESSCURRENT LIABILITIES|||||647,121|629,193| |Creditors: Amounts|Falling due after one year||||(1,476)|(4,010)| |TOTAL NET ASSETS|||||645,645|625,183| |FUNDS||||||| |Unrestricted||||10|181,567|186,317| |Restricted||||10|90,160|85,987| |Endowment||||10|361,884|342,357| |Held
in Subsidiary||company||11|12,034|10,522| ||||||645,645|625,183| ## ## ## ## ## ## |Investments
Investments
are valued at market value at 31st December
Clidi|Investments
Investments
are valued at market value at 31st December
Clidi|Investments
Investments
are valued at market value at 31st December
Clidi|Investments
Investments
are valued at market value at 31st December
Clidi|Investments
Investments
are valued at market value at 31st December
Clidi|Investments
Investments
are valued at market value at 31st December
Clidi||| |---|---|---|---|---|---|---|---| |onsoaton
The PCC is beneficial
owner
of 100% of the shares
of St Luke's
Community
Work Co
charity shop. That company
is run independently,
and is not itself a chanty.
Each year
profits to the PCC, with the restriction
that they are to be used for the local community,
income and expenditure
and assets of the subsidiary
company
are consolidated
into the||||||Ltd, a company
operabng
a
it donates
a proportion
of its
as detailed
in note 10.The
PCC accounts as detailed
in|| |Ito'te 11.|||||||| |2. INCOME||2020
Unrestricted|2020
Restricted||2020
Endowment|TOTAL|TOTAL| |||Funds
F|Funds
f.||Funds
f|2020f|2019
f| |2(a)
Donations,
grants 8 legacies|||||||| |Planned
giving
by gift aid
Related income tax
Planned
giving not by gift aid
Collections
—Cash on Plate
Donations
&Appeals
Legacies
Grants*(see note 2(e) for further
breakdown)||74,575
22,782
16,486
9,969
13,839
7,328
20,800
165,779|100
300
4,163
4,563|||74,675
23,082
16,486
9,969
18,002
7,328
20,800
170,342|73,273
30,219
18,763
20,253
15,512
1,000
24,388
183,418| |2(b)
Fundraislng
income
Rent receivable
—non-church
groups
Fundraising
incl. charity shop||4,589
67
4,656|7,239
7,239|||4,589
7,306
11,895|14,482
1,708
16,190| |2(c)
Income from Investments
Dividends
Interest||12,617
336
12,953||||12,617
337
12,954|13,378
692
14,070| |2(d)
Income from Church Activities
Drop-ins,
youth groups & similar
Rent receivable
—other Chnstian
organisation
Statutory Fees (Weddings
&funerals)
Sundry income||1,648
2,790
2,115
865
7,418||||1,648
2,790
2,115
865
7,418|7,080
13,510
973
3,052
24,615| |TOTAL INCOIIIIING PCC RESOURCES||190,806|11,803|||202,609|238,293| ## |NOTES TO THE FINANCIAL STATEMEN|NOTES TO THE FINANCIAL STATEMEN|TS For the year|ending 31|December|2020 (on|.)| |---|---|---|---|---|---|---| |2.INCOME
Cont.||2020
Unrestncted|2020
Restricted|2020
Endowment|TOTAL|TOTAL| |||Funds
f|Funds
f|Funds
F|2020
f|2019
f| |2(e)|Grants
Historic England
BMBC Covid-19 support
Council for Sodai Aid
Manchester
Diocese Board of Finance|800
20,000
20,800|||800
20,000
20 800|16,575
2,646
5,067
24388| |3.EXPENDITURE||2020|2020|2020||| |||Unrestncted|Restncted|Endowment|TOTAL|TOTAL| |||Fundsf|Funds
f|Funds
f|2020
f|2019
f| |3(a)|Grants and donations
Chnstian
relief, development
8 mission
Secular agencies|4,343
533
4,876|11,650
1,800
13,450||15,993
2 333
18326|40,411
1,498
41909| |3(b)|Fund Raising Costs|||||| ||Cost of applying
for grants|||||| ||Fundraising
events|||||| |3(c)|Church Activities
Diocesan Parish Share
Assistant staff costs
Clergy expenses
&vicarage|89,713
373
11,883|||89,713
373
11,883|90,657
13,255| ||Church
buildings
Utiiities
insurance
Repair, maintenance
8 deaning
Churchyard
& Church grounds
Cost of church services
Drop-ins,
youth groups
& similar
Administration
Legal 8 professional
Staff costs re PCC administration
Pansh training
&education|16,645
12,552
22,801
825
1,842
1,517
4,529
1,500
11,301
658
176,139|10,408
1,000
427
260
932
13,027||16,645
12,552
33,209
1,825
1,842
1,944
4,789
1,500
11,301
1,590
189,166|19,414
12,703
64,298
1,141
9,563
8,221
6, 128
1,500
11,257
4,602
242,939| ||TOTAL PCC EXPENDITURE|181,015|26,477||207,492|284,648| ## ## ## ## |URE
FOR|THE YEAR||| |---|---|---|---| |||TOTAL|TOTAL| |||2020f|2019
f| |independent|Examiners Fees|700|650| |Accountancy||800|850| |Trustees remuneration|||| ## |5TANGIBLEFIXED ASSETS|||||| |---|---|---|---|---|---| |.||Drop-in|||| ||Audio|centre|Furniture
&|Land &|| ||Visual &IT|equipment|fittings|Buildings|Total| |Cost 1 January|15,883|2,319|7,915|2,000|28,117| |Disposals
Cost 31 December|15,883|2,319|7,915|2,000|28,117| |Depreciation
1 January|15,879|2,319|7,913||26,111| |Released
on disposals|||||| |Charge for the year
Depreciation
31 December|15,879|2,319|7,913||26,111| |Net book Value 31 Dec 2020|4||2|2,000|2,006| |Net book Value 31 Dec 20189|4||2|2000|2006| |6.FIXEDASSET INVESTMENTS|2020
Unrestricted|2020
Restricted|2020
Endowment|TOTAL|TOTAL| ||Funds
f|Funds|Funds
E|2020
E|2019
f| |Market Value 1 January|37,376|24,982|342,357|404,715|364,140| |Disposals
in the year|||||(8,000)| |Gains I(losses) on revaluation|2,581|1,725|19,527|23,833|48,575| |Market Value 31 December|39,957|26,707|361,864|428,548|404,715| |7.DEBTORS|||||2020
Unrestricted|2020
Restricted|2020
Endowment|2020
Endowment|TOTAL|TOTAL|TOTAL| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||Funds
f|Funds
F|Funds
f||2020|2019
f|| |Grants receivable
Gift aid recoverable|||||1,957
1,957||||1,957
1,957||5,591
6,900
12,491| |8.CREDITORS|||||2020
Unrestricted|2020
Restncted|2020
Endowment||TOTAL|TOTAL|| ||||||Funds
F|Funds
f|Funds
f||2020
f.|2019|| |Amounts
falling
due
Loans - repayments
Creditors
re funerals
Accruals|within one year
due
in 1 year
& mission agencies
2,000
496
1,500
3,996|||||2,534
2,534|||4,534
496
1,500
6,530||2,534
3,911
8,908
15,353| |Amounts
falling due|in more||||than one year||||||| |Loans||||||1,476
1,476|||1,476
1,476||4,010
4,010| |During
2020 a loan was|||received
from a parishioner
to|||assist
with|cash|flow at|Emmanuel.|The|loan
is| |repayable
in one installments||||in|February 2021||||||| |During 2019a loan was
at StGeorges. The loan|received
from the Diocesan Pastoral
is repayable
in monthly
installments|||||Grants
& Loans scheme
over 3 years, commencing|||to help pay for roof work
July 2019.||| ||||||||||TOTAL|TOTAL|| |Summary of loans|||||||||2020||2019
f| |||||Balance at 1 January|||||6,544||7,600| ||||||Repayments
made||||(2,534)||(1,056)| ||||||New loan received||||2,000||| ||||||Balance at 31 December||||6,010||6,544| ||||||Repayment
due within
12 months||||(4,534)||2,534| ||||||Balance due ln more than|12months|||1,476||4,010| |9.ANALYSIS OF NET|||ASSETS BYFUND||||||||| ||||||2020
2020|2020||2020|||| ||||||Unrestricted
Restricted|Endowment|Subsidiary||TOTAL|TOTAL|| ||||||Funds
Funds
f
f|Funds||funds|2020||2019
f| |Tangible
Fixed Assets|||||2,006||||2,006||2,006| |investment
Fixed Assets|||||39,957
26,707|361,884|||428,548||404,715| |Current Assets|||||143,600
67,463|||12,034|223,097||237,825| |Liabilities within one||year|||(3,996)
(2,534)||||(6,530)||(15,353)| |Liabilities ) one year|||||(1,476||||(1,476||(4,010| ||||||181,567
90,160|361,884||12,034|645,645||625,183| ## ## ## ## |NOTES TO THE FINANCIAL STATEME|NTS F|or the year|ending
|3|1 December 2020 (|1 December 2020 (|Cont. )|| |---|---|---|---|---|---|---|---|---| ||||||Investment|||| |10a.FUND MOVEII/IENTS|Per
nate
10b|Bal
1stJan|Income
f|Expenditure
f||Gains
/
(losses)
5|Transfers
in /(cut)
f|Bal
31stDec| |Endowment
-StThomas
Holy Harbour|A|342,357||||19,527||361,884| |Endowment
funds - Total||342,357||||19,527||361,884| |Restricted - Emmanuel
legacy re building
Restricted
—Emmanuell
community
Projects|B
D|17,819
1,230|||(399)|||17,420
1,230| |Restricted - St George building
Restricted
—StGeorge home mission
Restricted
—StGeorge CAP
Restncted
—StGeorge Marsh
Restricted - St Luke building
Restricted - St Luke community
work
Restricted
—St Luke mission|B
D
D
D
B
C
D|(1,117)
3,471
2993
2,762
(507)
33,682
672|2,044
125
7,364
2,270||(1,000)
(45)
(872)
(420)
(1,000)
(4,060)
(9,200)|—
—|(4,190)
7,452
960
2,900|887
3,426
2 121
2,342
1,518
32,796
1,194| |Restricted
—St Paul church fabric|D||||(9,481)|—|10,000|519| |Restricted - St Thomas J R Cross re Youth|D|24,982||||1,725||26,707| |Restricted funds -Total||85,987|11,803||26,477)|1,725|17,122|90,160| |Designated
—invested
in fixed assets
Designated
—Emmanuel
Designated
—St George
Designated
—St Luke
Designated
-St Paul
Designated
-StThomas
Designated
—Team mission development
General
—West Bolton Team|E
F
F
F
F
F
F
G|2006
25,613
19,409
37,218
16,209
41,249
41,312
3,301|15,533
25,144
79,820
42,184
21,885
5,240||(21,449)
(28,602)
(50,073)
(27,565)
(27,398)
25,928|2,581|(2,454)
(1 746)
(19,763)
(1,348)
8,227
(21,312)
21,274|2,006
17,243
14205
47,202
29,480
46,544
20,000
4,887| |unrestricted
funds - Total||186,317|190,806||(181,015)|2,581|(17,122|181,567| |Total PCC Funds||614,661|202,609||207,492)|23,833||633,611| |Subsidiary
Funds (Note 11)
Consolidated
Funds||10,522
625,183|15 826
218,435||(14314)
(221,806)|23,833||12,034
645,645| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |
ir originating
church or|the combi|ned
team.|||||| |---|---|---|---|---|---|---|---| |||2020
Unrestricted
Funds|2020
Restricted
Funds
6|2020
Endowment
Funds
f|2020
Subsidiary
funds
6|TOTAL
2020
F|TOTAL
2019| |Emmanuel
St George
St Luke
St Paul
StThomas
West Bolton Team
Invested
in fixed assets
Retained
in subsidiary|company|17,243
14,205
47,202
29,480
46,544
24,887
2,006
181,567|18,650
8,776
35,508
519
26,707
90,160|361,884
361,884|12034
12,034|35,893
22,981
82,710
29,999
435,135
24,887
2,006
12034
645,645|44,662
27,518
71,065
16,209
408,588
44,613
2,006
10,522
625,183| ## |
are consolidated
ar year|into the PCC|accounts
as foll|ows,
based
on managem|ent
acco| |---|---|---|---|---| ||||TOTAL|TQIAL| ||||2020
6|2019
f| |Income|||23,065|22,602| |Donations
paid to|PCC from profits||(7,239)|1,435)| |Income retained
in Subsidiary|||15,826|21 167| |Expenditure|||14,314|(14,769| |Profit retained
in subsidiary|||1,512|6,398| |Reserves retained|in subsidiary|B/F|10522|4 124| |Reserves retained|in subsidiary|C/F|12034|10522| |Bank Balances to|be consolidated||12,034|10,522| |Net assets to be consolidated|||12034|10522| ## ## ## ## ## ## ##