OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-12-31-accounts

Charity number number 1131571
Trustees
Vicar Revd Mark Deamley
Churchwardens:
Mark Wailer
Natalie
Liley (resigned		 April 2020)
Lisa Williams
Readers:
Margaret Tinsley
Richard Butler
Ruth Dearnley
Deanery Synod 2017-2020:
Patricia
Lloyd
Steve Sollis
PCC Members 2016-2019/2019-2022:
Becky Gillibrand (resigned
January 2021)
Helen Hutchison (resigned October 2020)
Lars Jubb
Robin Farrar
PCC Members 2017-2020:
Simon
Liley (resigned		 April 2020)
Patricia Seabright
PCC Members 2018-2021:
Margaret
Blake
Peter Court
Sally Fisher
Lee Coley (appointed 11 October 2020)
Treasurer (co-opted until April 2021) Gill Taylor (co-opted Nov 2020)
PCC Secretary Lynn Cherrill-Teasdale

Bankers and Investment Advisers Charities
Aid Foundation		 Charities
Aid Foundation		 Charities
Aid Foundation		 Bank Ltd
25 Kings
Hill		 Avenue
Kings
Hill
West Mailing
Kent
ME19 4TA
The Central Board ofFinance ofthe Church ofEngland
Senator House
85 Queen Victoria Street
London
EC4V4ET
The St.Albans Diocesan Board of Finance
Holywell
Lodge
41 Holywell Hill
St.Albans
Hertfordshire
AL1 1HE
Independent Examiners Moore Kingston Smith LLP
4 Victoria Square
St.Albans
Hertfordshire
AL1 3TF

Page
Annual
Report		 1-5
Independent
Examiners'		 Report
Statement ofFinancial Activities
Balance Sheet
Cash flow statement
Notes to the Financial Statements 10-18

0 O
O
CD		 IO
CC
(0		 N
CO		 CC
IO		 t)
I
OC		 CD cr
$0W IO
CD		 CD
CD
N		 CO
N		 CO I
r		 O
CD		 Oto
C)
ID		 O
Ot
C) CD
IO
(6
K		 0
0		 D
Cl
CD
ClN
0		 N
0
IL		 CS
r
IO
IO
ut
M
ID		 o
I		 Cl
CD
IO		 O
CD
CC
CC		 ID
Ct
CC		 Cl
Ot
I—
(0
M		 0 N
0		 O
CO
CD
ONO
CD
CD
CD IO N
CD		 N
IO
ID		 O
CC
cD
to		 R
O
IO
'll		 Ot
CD
IO		 O
CD
IA		 CD
ID
O
r		 50
0
8
Ee
LU (g IL 0'0
LU N
Q. ID
M
0		 SI Ol
CD
IO		 O ID
CO		 Ot O
O
ID
N
'O		 CC
I
Dl
I
Dl		 O CO
Ol
Ol		 cl
Nt
Ol		 'O
IO		 e
'D
ClU.
CC
ID
D
M Cl
ID
CL 0 DD N
CC		 N
Ot		 N
OC		 CC
Ch		 OOO O
Ot
CD		 E
8
O Ot
N
IO		 CD N IO IO Io Io ID IO ICl)
ltl
M CC
M
LLI		 IC'00
0		 Cl'g N OtN
ID
N		 CS
CC
ID
N		 oo
'll		 O
CD
0|N.
Cl
0
O
LJ
LU
UJZ
0		 6I
N
0
)
(N		 IL
D
IU
Ll		 CV
ID
o
CO		 o
O
0
cl
O		 o
OC
IO
N
CD		 r
O
ID		 CO
N
rdr		 I
Cl		 N
IO
ID		 N
CD
CD		 cr
OC
CD
ID		 CV
OC
C)		 CCI) N Cl
N
L
Ot
8e
N0
NN0'00
IC
OZ
00		 rJJ CI
NON
IL'
LU		 lOCI
CC N		 O'0
N
CC		 N0
tEI
Tl!
N
N
Z0 l- UJ
OO		 0
Z0
Z00
0
UJZI-		 C( UJ
~0
CD
O 0
~o
Z
LL~
(J (L'
~ UJ
CIJ LL		 IO
Z
ID
0
0
0
O
Z		 0
D
N
0
0		 N
Cl
N0 0
ltl
'Q
Ol
N.E
0 DE,
clr-
'0
Ct
c
N
OO		 II
N
E
N
)
0		 Z
0
OJ
O
0
Z		 ct
.Dt
')
N
Z
CI		 0
I-		 k
itll
Cl
Ul
0
JD
Cl
E
80
0
Z		 00 Z N00
0
Cl
Cl
Cl0
E		 N
'U0
IL0
00
E
0
Z		 N
'U0
IL
000
IC
00
8		 'e
IC
0
e
JD
N
'D0
9		 IC
0
'U
Ct'E
5
'U
.0
9		 Cl0)
(I
Cl
UL
tC0
0
E
ID
E0
IC
IC
Ct

BALANCE SHEET AT 31 DECEMBE R 2020
Note 2020 2020 2019 2019
6 5 f 6
Fixed Assets:
Tangible fixed assets 1,972,156 1,988,989
Investments 565,921 516,003
Total fixed assets 2,538,077 2,504,992
Current Assets:
Debtors 7 35,660 48,776
Short term deposits 250,073 262,354
Cash at bank 402,882 330,590
Totai current assets 688,615 641,720
Liabilities:
Creditors: Amounts falling due with one 8 (65,193) (50,279)
year
Net current assets 623,422 591,441
Total assets less total liabilities 3,161,499 3,096,433
The funds ofthe charity
Restricted funds 10 5,000 5,000
General funds 10 706,598 696,896
Designated funds 10 867,901 812,537
Revaluation reserve 10 1,582,000 1,582,000
Total charity funds 3,161,499 3,696,433

2020 2019
5
Cash flows from operating
activities
Net (Expenditure)/
income for the year		 65,066 94,732
Adjustments
for:
Depreciation
oftangible fixed assets		 16,833 16,833
(Gains)/losses
on investments		 (34,008) (77,970)
Dividends,
interest and rents from investments		 (19,380) (31,162)
Decrease/ (increase)
in debtors		 13,116 (9,135)
(Decrease)/ increase
in creditors		 14,914 (16,880)
Net cash (used in) / generated
by operating		 activities 56,541 23,582
Cash flows from investing
activities
Dividends,
interest and rents from investments
Proceeds from the sale ofinvestments		 19,380
~l5.91D		 31,162
~19.761
Net cash from investing
activities		 3.470 16,401
Change
in cash and cash equivalents		 in the year 60,011 (7,181)
Cash and cash equivalents
at beginning		 ofyear 592,944 600,125
Cash and cash equivalents
at end of		 year 655.955
Cash and cash equivalents
Short term deposits 250,073 262,354
Cash at bank 402,882 330,590
652,955 592,944

2 INCOME AND ENDOWMENTS: INCOME AND ENDOWMENTS: 2020 2019
Z f
2(a) Donations
and legacies
Planned
giving:
Covenants
and gift aid		 34,103 44,102
Income tax recoverable 9,321 29,861
Collections at services 6,432 11,052
Other donations 4,954 10,155
Legacies 6,000
60,810 95,170
2(b) Charitable
activities
Church Lands Charitable Trust 304,000 288,800
304,000 288,800
2(c) Other Trading activities
Church
Hall Lettings		 59,524 105,827
Fair and missions 3,109
Fees and other donations 10,682 20,689
Other income 16,735
86,941 129,625
Other income of616,735includes 816,039 relating to the Vat refund.
2(d) Investments
Dividends
and interest		 19,380 31,162
Total Income and Endowments 471,131 544,757

3 EXPENDITURE: 2020 2019
6 E
3(a) Expenditure
on charitable		 activities
Grants Issued:
Missionary
and charitable		 giving:
Secular charities 8,072 25,714
Ministry:
Parish
& Pastoral		 Expenses 105,545 108,646
Clergy expenses 25,252 12,959
Church
running		 expenses:
Events 8 Projects 7,434
Friends ofSt Peter's 314 1,141
Funerals
&Weddings		 2,530 3,290
Depreciation 16,833 16,833
Children
& Youth		 645 1,026
Bellringers 200 400
Raising funds costs 97 359
Fabric 23,962 59,781
Grove House 514 1,299
Hall and other lettings 24,985 63,705
Staff costs (Note 4) 75,800 97,325
Insurance 6,646 7,284
Music 18,312 7,906
Ministry outreach 8 social 277 1,589
Office expenses 14,862 15,182
Worship 4,400 4,563
Project expenditure 83 564 46,510
412,800 482,946
Included
within grants		 issued are:
The Living Room 4,000 4,000
Rennie Grove Hospice Care 1,895 17,346
5,895 21.346
3(b) Other
Independent
examination		 3,600 3,720
Legal and professional costs 23,673 41,329
27,273 45,049
Total Expenditure 440,073 527,995

Fixed assets for use by the P CC CC
Freehold
land		 Church Organ,
and buildings Office Grand Piano
at revaluation Equipment &Sculpture Total
8 6
Cost
At 1 January 2020 1,582,000 585 629,361 2,211,946
At 31 December 2020 1,582,000 585 629,361 2,211,946
Depreciation
At 1 January 2020 585 222,372 222,957
Charge for the year 16,833 16,833
At 31 December 2020 585 239,205 239,790
Net Book Value
At 31 December 2020 1,582,000 390,156 1,972,156
At 31 December 2019 1,582,000 406,989 1,988,989

Investments Investments
Investments
represent
securities		 with the Central Board of Finance at market value at 31 December
2020.
2020 2019
8
Market Value as at 1 January 2020 516,003 423,272
Realised Gains and Dividends Received 15,910 14,761
Unrealised
Gains/(Losses)		 34,008 77,970
Market Value as at 31 December 2020 565,551 516,003
more than 5%ofthe marke t
Holding Market Value
No. 5
CBFShares - Hall Fund 4.491 92,004
CBFShares - Fabric Fund 19,710 403,785
BOD Shares - Church)Vic Repair Fund 3,342 68,333
7 Debtors
Other debtors and prepayments 35,660 48,776
8 Liabilities: Amounts
falling due within one year
Other creditors and accruals 51,861 37,697
Deferred income 13,332 12,582
65,193 50,279
Deferred income movement:
Brought forward 12,582 900
Released during the year (2,082) (900)
Recognised
during the year		 2,832 12,582
Carried forward 13,332 12,582

S
0
C
Ig		 Ct
N
IO
N
ctI		 4I N
CO
Cg N
IA IA Ct
IA 'cl Ct Ct Ct
CO Ig
CO
N'CCOIOCII
Cg'II
NCINtgcONCI
N
ol Ct
CD		 N
CO
Cg N
IA IA Ct
IA 'cl Ct Ct Ct
CO Ig
CO
N'CCOIOCII
Cg'II
NCINtgcONCI
N
ol Ct
CD		 N
CO
Cg N
IA IA Ct
IA 'cl Ct Ct Ct
CO Ig
CO
N'CCOIOCII
Cg'II
NCINtgcONCI
N
ol Ct
CD		 N
CO
Cg N
IA IA Ct
IA 'cl Ct Ct Ct
CO Ig
CO
N'CCOIOCII
Cg'II
NCINtgcONCI
N
ol Ct
CD		 N
CO
Cg N
IA IA Ct
IA 'cl Ct Ct Ct
CO Ig
CO
N'CCOIOCII
Cg'II
NCINtgcONCI
N
ol Ct
CD		 N
CO
Cg N
IA IA Ct
IA 'cl Ct Ct Ct
CO Ig
CO
N'CCOIOCII
Cg'II
NCINtgcONCI
N
ol Ct
CD		 N
CO
Cg N
IA IA Ct
IA 'cl Ct Ct Ct
CO Ig
CO
N'CCOIOCII
Cg'II
NCINtgcONCI
N
ol Ct
CD		 N
CO
Cg N
IA IA Ct
IA 'cl Ct Ct Ct
CO Ig
CO
N'CCOIOCII
Cg'II
NCINtgcONCI
N
ol Ct
CD		 N
CO
Cg N
IA IA Ct
IA 'cl Ct Ct Ct
CO Ig
CO
N'CCOIOCII
Cg'II
NCINtgcONCI
N
ol Ct
CD		 Ct
CD
Ct
IA		 co
ot
I
IO
gg		 cg
Ct
ct
N
CO
IA		 Ct
CI
CI		 Ct
Ct
D
IA		 gg
Ot
IA
CD
Ct
Ig
cII
IO
lg
gl
gl
m
O
C
D		 N
C
m
Ol		 N
gl
0
N
gl		 III t t t co
ID		 IA
CO
CO
IA		 ID
IA
cg		 OI
'1I
N		 ~O
Ct
Ct		 cg
Ct
Ct		 '0S
3
4l
glC
glI		 t t t Ot
CI		 Nol
Ct		 ot
Ct		 tg
000.S
ID 400
CD gl
4l0		 mC t t t t QI
Nlo
N		 Ot
IAN
cg		 N
Ct		 N
gg
I
Ct		 N
lo
Ct		 IO
Ct
Ct		 tg0
m
Vl
CA		 8 gl glC
gl
IL'
UJ		 S
IU
D.
co
p
Z
IA		 Ql
C
E
3
C		 N
Q
0
m
IL		 t t I t t DI
Ct
Ct
IA		 I cn
Ct
Ct
IA		 0
gt
Jg
m
gl
gl
tg
0 4I IA
Cg
gg		 IA
N
IA		 co
W		 ID IA PI gg
ot		 t I I |I I NZ
0 E00C N N Jg
N'0
ID C
IA '0
UJ00
IU
IUZ		 P Ct
N
Ct		 Ct
cg
ICt		 III CO
IA
CO		 I
ol
ION		 ID
ID
I
O		 Ctt
CO
CD		 N
gg
IA
CA
40		 CD
N
IO
co
cD		 ol
Ol
CO
ID		 ' Ctct
Ct
CD
IA		 I
co
IA
N
gg		 Ct
ct
Ct
co
ID		 Ct
Ct
Ct
IA		 I Ct
O
ct
IA		 ID
ol
IO
CD
DI
CD		 lg
IgC
N
glll
C
gl
p
0Z
p0
Z0
Z0
Z0p
IL'
IL		 Z
IU
Co
p
UJ
00
Ul
UJ a
Z IA
8
CI
0 CI
0z
tI IU
IU cZ
Z 4(
I- IU
p &
I- UJ
co Z
LU I-		 gl'0
C
U
0
CO
E
gl
lg
IO		 N
'0
c
IL
l7
o
m
0
CO
Cg		 '0
C 13C
S LL0
C
Vl
S
m
CL' c
0
C P
0
C
Q
m
&
N
S
gl 0
mcg
Oa		 '0
IL
gl
'0
C
IL
0
N
2		 '0
C
S
0
tgC
0		 C
IL
OI
C
13
IQ
gl
C
N
S
S
0
IA		 CS
Vl
gt
C
'0
C
IL0
tg
IL		 0
IL
'm
gl
Ig
0
glDt
m
C
tg
O
0
ll
)
o
Ig
gt0
Bsm
"
o'
05 P-		 IL
C0
lg
Ig
4l
IL		 N
'0
C
10
CU		 S
'0
mot
0
0		 0
13CS
CL
IC
IU
QS
0		 Ig
P		 lg'0L
U
Ig
4IC
0		 gl0
C
gl
E
8
S
N
gl
0
N
gl
00
D.
tg
UJ I—IL' Ct
I- p
Z		 p
IL