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|Annual<br>Report|
|---|
|Statement<br>of Financial Activities|
|Balance Sheet|
|Notes to the Financial Statements|
|Accounting<br>Policies|
|Detailed SOFA|
|Notes to the Balance Sheet|
|Independent<br>Examiner's<br>Report|





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||||Unrestricted|Unrestricted|Restricted|TOTAL|FUNDS|
|---|---|---|---|---|---|---|---|
||||General|Designated|Funds|2020|2019|
|||Note|Funds|Funds||||
||||F|||||
|Income from:||||||||
|Donations<br>8, Legacies|||271,883||10,037|281,920|311,391|
|Charitable<br>activities||||||||
|Other trading|activities||8,532|||8,532|14,889|
|Investments|||1,409|865|53|2,327|3,178|
|Total income|||281,824|865|10,090|292,779|329,458|
|Expenditure<br>on:<br>Raising funds<br>Charitable<br>activities|||988<br>275,783|71,856|15,261|988<br>362,900|6,403<br>294,423|
|Other trading|activities||887|||887|2,655|
|Total expenditure|||277,658|71,856|15,261|364„775|303,481|
|Loss on investments|||||||(266)|
|Net income<br>I (expenditure)|||4,166|{70,991)|(5,171)|(71,996)|25,711|
|Transfers<br>between|funds||(8,230)|8,230||||
|Net movement<br>in|funds||(4,064)|(62,761)|(5,171)|(71,996)|25„711|
|Reconciliation<br>offunds:||||||||
|Total funds|brought forward||196,631|112,789|8,563|317,983|292,272|
|Total funds|carried forward|||50,028|3,392|245,987|317,983|





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|<br><br>As at 31 Decemb<br>Balance Sheet|er|2020|||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Restricted|TOTAL|FUNDS|
|||||General|Designated|Funds|2020|2019|
|||||Funds|Funds||||
||||||F||||
|Fixed assets:|||||||||
|Tangible assets||||1,287|||1,287|1,931|
|Total fixed assets||||1,287|||||
|Current assets:|||||||||
|Stocks||||179|||179|193|
|Debtors|||10|13,657|63|153|13,873|14,174|
|Investments<br>(short|term)|||127,265|45,359|2,509|175,133|253,369|
|Cash at bank and|in|hand||62,689|8,660|1,071|72,420|59,365|
|Total current assets||||203„790|64,082|3,733|261,606|327,101|
|Current liabilities:|||||||||
|Creditors:<br>Amounts||falling due|||||||
|within one year||||12,510|4,054|341|16,905|11,049|
|Net current assets||||191,280|60„028|3,392|244,700|316,062|
|Total assets less|current liabilities|||192„567|50,028|3,392|246,987|317„983|
|Total net assets|||||60,028|3,392|246,987|317,983|
|The funds ofthe|charity:||||||||
|General funds||||192,567|||192,567|196,631|
|Designated<br>funds|||||50,028||50,028|112,789|
|Total unrestricted|funds|||192,567|50,028||242,595|309,420|
|Restricted funds||||||3,392|3,392|8,563|
|Total charity funds|||||60,028|3,392|245,987|317,983|





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|||||Unrestricted|Unrestricted|Restricted|TOTAL|FUNDS|
|---|---|---|---|---|---|---|---|---|
|||||General|Designated|Funds|2020|2019|
|||||Funds|Funds||||
|||||F|F||||
||Analysis|of income on:|||||||
|2|Donations<br>and||legacies||||||
||Planned<br>General|giving||198,631|||198,631|190,805|
||Mission|partners||||350|350||
||Churchyard<br>Youth|||||70<br>1,725|70<br>1,725|2,100|
|||||||2,146|200,776|192,906|
||Collections at all services||||||||
||General|||1,100|||1,100|4,743|
||Mission|partners||||250|250||
|||||1,100||260|1,360|4,743|
||Other donation<br>General||8 appeals|23,575|||23,575|29,397|
||Mission partners<br>Churchyard<br>Youth|||||3,964<br>2,055<br>5|3,964<br>2,055<br>5|399<br>110|
|||||||6,024|29,699|29,906|
||Gift Aid recoverable||||||||
||General|||46,768|||46,768|46,550|
||Mission|partners||||1,283|1,283||
||Churchyard<br>Youth|||||241<br>94|241<br>94|20<br>375|
|||||||1,618|48,386|46,946|
||Fund raising events<br>Parish Church events|||||||3,889|
||Holiday<br>Cameo|Club|||130||130|544<br>478|
||Sunday|Roast|||673||673|2,932|
||||||803||803|7,843|





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||||Unrestricted|Unrestricted|Restricted|TOTAL|FUNDS|
|---|---|---|---|---|---|---|---|
||||General|Designated|Funds|2020|2019|
||||Funds|Funds||||
|Grants||||||||
|Bell repairs<br>Church - major repairs|||||||3,849<br>320|
|General - Chancel Trust||||21||21||
|General - Job Retention|Scheme||985|||985||
|Youth camps<br>Youth work|||||||380<br>13,500|
||||1,006|||1,006|18,049|
|Legacies<br>General|||||||11,000|
|Total donations<br>and legacies|||||10,037|281,920|311,391|
|3 Other trading activities<br>Bookstall|||508|||508|839|
|Catering<br>Church<br>Hall lettings<br>Fees - Weddings<br>8 funerals,<br>Parish office income||etc|363<br>1,250<br>3,282<br>99|||363<br>1,250<br>3,282<br>99|2,067<br>4,058<br>4,699<br>226|
|Rent receivable|||3,030|||3,030|3,000|
|||||||8,532|14,889|
|4 Investments||||||||
|Deposit interest receivable|||||53|2,327|3,178|
|Total Income||||865|10,090|292,779|329,458|
|Analysis ofexpenditure|on:|||||||
|5 Raising funds<br>Parish Church events|||||||3,147|
|Holiday<br>Club|||||||766|
|Cameo||||269||269|681|
|Sunday Roast||||719||719|1,809|





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|es|to the Financial State|men|ts|(continued)||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||Restricted|TOTAL|FUNDS|
||||||General|Designated|Funds|2020|2019|
||||||Funds|Funds||||
|6|Charitable<br>activities|||||||||
||Missionary<br>8 charitable<br>Mission partners<br>- annual|giving<br>support|||19,870|||19,870|19,980|
||Mission partners<br>- monthly<br>giving<br>Parish Contribution<br>- Deanery<br>donation||||3,702||4,626|4,626<br>3,702|3,594|
||William<br>Olders for St Margaret's|||School|6,120|||6,120|6,000|
||ExYouth Leader training|fees|||||5,822|5,822|4,500|
||Other charitable<br>giving||||13,470|||13,470|13,603|
||||||||10,448|53,610|47,677|
||Ministry<br>-Diocesan Parish Contribution|||||||74,035|71,988|
||Ministry<br>-Other clergy costs<br>Rector's expenses<br>Rectory costs<br>Curate's expenses||||1,871<br>4,026<br>294|||1,871<br>4,026<br>294|2,425<br>4,035<br>209|
||Curate's<br>accommodation||||1,605|||1,605|2,166|
||Ministry Assistant expenses||||977|||977|306|
||Ministry Assistant<br>salary|costs|||11,901|||11,901|5,642|
||Ministry Assistant<br>accommodation||||10,854|||10,854|4,200|
|||||||||31,528|18,983|
||Church<br>running<br>expenses|||||||||
||Electricity, gas and water<br>Insurance||||3,401<br>2,302|||3,401<br>2,302|4,427<br>2,558|
||Other running<br>costs||||10,691|||10,691|15,264|
|||||||||16,394|22,249|
||Parish office costs|||||||||
||Administrative<br>salary costs<br>Other office costs||||33,596<br>8,381|||33,596<br>8,381|30,044<br>11,710|
|||||||||41,977|41,754|
||Church maintenance<br>8|repairs||||||||
||Church - bell repairs||||||||9,180|
||Church - health 8 safety||||4,895|||4,895|3,696|
||Church - major repairs||||7,473|||7,473|7,091|
||Church - sound system|||||30,246||30,246|1,801|
||Churchyard<br>-tree removal|||||41,610||41,610|420|
||Quinquennial<br>inspection||||||||858|
||||||12,368|71,856||84,224|23,046|
||Upkeep ofservices<br>Exgratia payment - Verger||||643|||643|630|
||Service running<br>costs||||789|||789|1,867|
|||||||||1,432|2,497|





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|S tO the FlnanCIai Statem|entS<br>(continued|)|)|||||
|---|---|---|---|---|---|---|---|
|||Unrestricted||Restricted||||
|||General|Designated|Funds||||
|||Funds|Funds|||||
|||||f.||||
|Upkeep of Churchyard<br>Churchyard<br>-grass cutting||||2,366||5,400|6,840|
|Youth/children's<br>work costs||||||||
|Youth worker expenses||830||||830|890|
|Youth worker salary costs<br>Youth worker accommodation||24,766<br>12,120||1,824||26,590<br>12,120|25,942<br>12,893|
|Ministry Trainees' expenses<br>Kings Club expenses<br>Youth camp costs<br>Youth expensers||3,203<br>65<br>738|||623|3,203<br>623<br>65<br>738|3,879<br>677<br>1,224<br>1,507|
|||||2,447||44,169|47,012|
|Church<br>halls running<br>costs||||||||
|Church<br>hall cleaning/other||2,504||||2,504|1,667|
|Church<br>hall electricity, gas and water<br>Vestry hall window<br>cleaning/other<br>Vestry hall - electricity<br>Insurance||1,146<br>120<br>848<br>1,827||||1,146<br>120<br>848<br>1,827|1,881<br>255<br>1,222<br>1,784|
|||||||6„445|6,809|
|Bank charges||||||||
|Depreciation||||||||
|Governance<br>Costs||||||||
|Independent<br>examination|fee|2,880||||2,880|2,880|
|To'tal charitable<br>activities||275,783|71,856|15,261||362,900|294,423|
|7 Other trading activities<br>Bookstall||422||||422|725|
|Catering||465||||465|1,930|
|Total expenditure||277,658|71,856|15,261||364,775|303,481|





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|es|to the Flnan|clal Stat|ements<br>(continued)||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Restricted|TOTAL|FUNDS|
|||||General|Designated|Funds|2020|2019|
|||||Funds|Funds||||
|||||||f.|||
|8|Staff costs||||||||
||(a) Remuneration||||||||
||Salaries and wages|||68,476||1,824|70,300|59,665|
||Social security|costs||1,238|||1,238|900|
||Pension costs (see Note||16)|3,048|||3,048|2,607|
||Other employee<br>and telephone|benefits<br>allowance|- accommodation|23,374<br>96,136||1,824|23,374<br>97,960|17,413<br>80„685|



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|a) Tangible<br>fixed asset|s|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Freehold|land|Church||TOTAL||
|||||and buildings||equipment||||
|Cost||||||||||
|At 1 January 2020||||47,000||9,924||66,924||
|Additions<br>in the year||||||||||
|At 31 December 2020||||47,000||9,924||56,924||
|Depreciation<br>At 1 January 2020<br>Provided<br>in the year||||47,000||7,993<br>644||64,993<br>644||
|At 31 December 2020|||||47,000|8,637||66,637||
|Net book amounts||||||||||
|At 31 December 2020||||||||||
|At 31 December 2019||||||1,931||1,931||
|The freehold<br>land and|buildings|comprise the Vestry Hall/Cottage.||||||||
||||Unrestricted|||Restricted||TOTAL FUNDS||
||||General|Designated||Funds||2020|2019|
||||Funds|Funds||||||
|10 Debtors||||||||||
|Tax recoverable|||4,845||||149|4,994|5,461|
|Prepayments<br>and accrued income<br>Other debtors|||4,263<br>4,549||63||4|4,330<br>4,549|6,076<br>2,637|
||||||||163|13,873|14,174|
|11 Creditors: amounts|falling due within||one year|||||||
|Trade creditors|||580|||||580||
|Accruals|||9,587||4,054||341|13,982|10,257|
|Taxation and social security|||2,343|||||2,343|792|
||||12,510||||341|16,905|11,049|





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|Fund movement||||||
|---|---|---|---|---|---|
|Unrestricted<br>funds|||General|Designated|TOTAL|
||||||FUNDS|
|Balance at 1 January 2020<br>Income|||196,631<br>281,824|112,789<br>865|309,420<br>282,689|
|Expenditure<br>Transfer between funds|||(277,658)<br>8,230)|(71,856) <br>8,230|(349,514)|
|Balance at 31 December 2020|||192,667|60,028|242„696|
|Designated<br>funds|Quin-|Church|Church|Churchyard|TOTAL|
||quennial|lighting|sound|trees|FUNDS|
||inspection|||||
|Balance at 1 January 2020<br>Income|8,976<br>107|26,788<br>333|36,243<br>277|40,782<br>148|112,789<br>866|
|Expenditure<br>Transfer between<br>funds|3,000||(30,246)<br>4,550|(41,610)<br>680|(71,866)<br>8,230|
|Balance at 31 December 2020|12,083|27,121|10,824||60,028|



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|Margaret's<br>Church, Angmering<br>r ended 31 December 2020<br>es to the Financial Statements<br>(continued)|Charity Regis|tration<br>Nu|mber:11313|62|
|---|---|---|---|---|
|Resticted funds|Mission|Church|All Youth|Total|
||partners|yard|activities|Funds|
|Balance at 1 January 2020|||8,563|8,563|
|Income|5,847|2,366|1,877|10,090|
|Expenditure<br>Balance at 31 December 2020|(4,626)|(2,366)|(8,269)<br>2,171|(15,261)<br>3,392|



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|Analysis|of net assets by fund|||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted||Restricted|TOTAL FUNDS||
|||General|Designated|Total|Funds|2020|2019|
|||Funds|Funds|Funds||||
|||F||||||
|Fixed assets for church use||1,287||1,287||1,287|1,931|
|Current|assets|203,790|54,082|257,872|3,733|261,605|327,101|
|Current|liabilities|12,510|(4,054|(16,564)|341)|(16,905)|11,049|
|||192,667|60,028|242,596|3,392|245,987|317,983|



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