##
##
|||Page|
|---|---|---|
|Reference and Administrative
Details ofthe P. C. C., its Membership|and Advisers||
|Parochial
Church
Council's
Report||2-5|
|Independent
Examiner's
Report||6-7|
|Statement
of Financial
Activities|||
|Balance Sheet|||
|Notes to the Financial Statements||10-32|
##
|Parochial|Church|Rev. P. A. Davison, Rector|||
|---|---|---|---|---|
|Council|||||
|||Rev. R. Magrath,
Clergy|||
|||G. Lyall, Churchwarden|||
|||N. Upton, Churchwarden|||
|||C. Disbrey, Reader|||
|||N. Wildish, Reader|||
|||O. Makanjuola,
Reader|||
|||P. Bagster, Deanery Synod|||
|||J.Larkin, Deanery
Synod (Retired||18October 2020)|
|||M. Sellis, Elected member|(Retired 18October 2020)||
|||B.Crosbie, Elected member|||
|||S. Martin, Elected member|||
|||O. Mba, Elected member|||
|||G. Vendy, Elected member|||
|||E.Abel, Elected member|||
|||J. Davey, Elected member|||
|||E. Hammond,
Elected member|||
|||P. Boustred, Elected member|||
|||C. Fletcher, Elected member|||
|||W. Greenwood,
Elected member||(Retired 18October 2020)|
|||I. Lyall, Elected member (Elected||18October 2020)|
|||J.Trevelyan,
Elected member (Elected 18October 2020)|||
|||J.P. Nettleton,
Co-opted|||
|||H. Bevan, Co-opted|||
|Charity registered|||||
|number||1131595|||
|Principal|office|The Parish Office|||
|||26 Hendon
Lane|||
|||Finchley|||
|||London|||
|||N3 1TR|||
|Secretary||B.Crosbie|||
##
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|FOR THE YEAR EN|DED 31 DECEM|BER 2020|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
||||2020|2020|2020|2019|
|||Note|E|E|F||
|Income from:|||||||
|Donations
and legacies|||143,347|15,294|158,641|282,713|
|Charitable
activities|||1,085||1,085|14,080|
|Other trading
activities|||35,721||35,721|81,910|
|Investments|||2,553||2,553|4,357|
|Total income|||182,706|15,294|198,000|383,060|
|Expenditure
on:|||||||
|Raising funds|||26,253|51|26,304|43,605|
|Charitable
activities||10|150,854|11,446|162,300|271,129|
|Total expenditure|||177,107|11,497|188,604|314,734|
|Net Income before net gains on
investments|||5,599|3,797|9,396|68,326|
|Net gains on investments|||5,615||5,615|12,657|
|Net income|||11,214|3,797|15,011|80,983|
|Transfers
between|funds|20|(316)|316|||
|Net movement
in funds|||10,898|4,113|15,011|80,983|
|Reconciliation
offunds:|||||||
|Total funds brought|forward||245,326|206,325|451,651|370,668|
|Net movement
in funds|||10,898|4,113|15,011|80,983|
|Total funds carried|forward||256,224|210,438|466,662|451,651|
|AS AT 31 DECEMB|ER|2020||||||
|---|---|---|---|---|---|---|---|
||||||2020||2019|
||||Note|||||
|Fixed assets||||||||
|Tangible assets|||||100,000||100,000|
|Investments|||||98,919||93,304|
||||||198,919||193,304|
|Current assets||||||||
|Debtors|||17|15,228||24,082||
|Cash at bank and|in|hand||259,081||249,907||
|||||274,309||273,989||
|Creditors: amounts|falling due within|||||||
|one year|||16|(6,566)||(13,002)||
|Net current assets|||||267,743||260,987|
|Total assets less current liabilities|||||466,662||454,291|
|Creditors: amounts|falling due after|||||||
|more than one year|||19||||(2,640)|
|Net assets excluding||pension asset|||466,662||451,651|
|Total net assets|||||466,662||451,651|
|Charity funds||||||||
|Restricted
funds|||20||210,438||206,325|
|Unrestricted
funds||||||||
|Designated
funds|||20|216,000||211,960||
|General funds|||20|40,224||33,366||
|Total unrestricted|funds||20||256,224||245,326|
|Total funds|||||466,662||451,651|
##
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##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2020f|2020
f.|2020f|
|Donations||134,051|8,854|142,905|
|Legacies|||||
|Grants||5,042|6,440|11,482|
|Government|grants|4,254||4,254|
|||143,347|15,294|158,641|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2019f|2019f|2019|
|Donations||167,169|23,205|190,374|
|Legacies||5,030||5,030|
|Grants||4,000|83,309|87,309|
|||176,199|106,514|282,713|
##
|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2020
f|2020
F|
|Income|from charitable|activities - The provision|of public worship|1,085|1,085|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2019|2019|2019|
||||f||f|
|Income|from charitable|activities - The provision|of|||
|public|worship||5,338|8,742|14,080|
##
||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2020
F|2020f|
|Hall|letting|fees|35,721|35,721|
||||Unrestncted|Total|
||||funds|funds|
||||2019f|2019f|
|Hall|letting|fees|81,910|81,910|
##
|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2020
F|2020f|
|Income from||local listed investments||2,499|2,499|
|Investment|income - local cash||||54|
|||||2,553|2,553|
|||||Unrestricted|Total|
|||||funds|funds|
|||||2019
F|2019f|
|Investment|income - local investment||properties|1,770|1,770|
|Income from||local listed investments||2,476|2,476|
|Investment|income - local cash|||111|111|
|||||4,357|4,357|
##
##
|Restricted|Total|
|---|---|
|funds|funds|
|2020|2020|
|f|f|
|51|51|
##
||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2019f|2019|2019
6|
|Cost of Christmas||cards|510||510|
|28 Hendon|Lane|letting expenses|245||245|
|Roof Fund|- event|expenses||219|219|
||||755|219|974|
##
|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2020|2020|
|||6|F|
|Hall letting expenses||19,553|19,553|
|Wages and salaries recharged|to hall|6,700|6,700|
|Total 2020||26,253|26,253|
|||Unrestricted|Total|
|||funds|funds|
|||2019f|2019
F|
|Hall letting expenses||32,631|32,631|
|Wages and salaries recharged|to hall|10,000|10,000|
|Total 2019||42,631|42,631|
##
##
|||||||Grants to|Total|
|---|---|---|---|---|---|---|---|
|||||||Institutions|funds|
|||||||2020
E|2020f|
|Grants,|The|provision|of|public|worship|15,619|15,619|
|||||||Grants to|Total|
|||||||Institutions|funds|
|||||||2019|2019f|
|Grants,|The|provision|of|public|worship|14,567|14,567|
##
##
||||||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||||funds|funds|funds|
||||||||2020|2020|2020|
||||||||F|F|E|
|Special collections:-||||||||||
|Good Gifts 2019-Homeless|||Action in|||Barnet||1,749|1,749|
|Christmas 2019- Hands||up Foundation||||||968|968|
|Christmas
2019-Noah's||Ark|Children's|||Hospice||968|968|
|Children's
Society||||||||425|425|
|Peter Bell memorial|service-||National|||Autistic Society||333|333|
|Peter Bell memorial|service-||St. Francis at the Engine|||||||
|Room||||||||395|395|
|Lent lunch- Churches|Together|||in Finchley||||103|103|
|Confirmation-
Bishop of Edmonton's|||||Discretionary|||||
|Fund||||||||119|119|
|Lent project- St Francis at the Engine||||||Room||272|272|
|All Souls 2019-Third|Hope|||||||26|26|
|Housing
Justice||||||||28|28|
|Remembrance
2019- Royal|||British Legion|||||82|82|
|Mission Allocation:-||||||||||
|USPG|||||||1,000||1,000|
|Barnet Refugee Service|||||||1,000||1,000|
|Limapela
Foundation|||||||1,000||1,000|
|Five Talents|||||||1,000||1,000|
|Barnet Mencap|||||||1,000||1,000|
|Spurgeons|||||||500||500|
|Noah's
Ark Children's|Hospice||||||1,000||1,000|
|Embrace the Middle|East||||||1,000||1,000|
|Children's
Society|||||||1,000||1,000|
|Citizens' Advice|||||||1,000||1,000|
|Together
in Barnet|||||||500||500|
|Other:-||||||||||
|St. Man/s
School|||||||151||151|
|Total 2020|||||||10,151|5,468|15,619|
##
|FOR|THE YEAR ENDED 31 D|E|CEMBER|202|0||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|
|||||||funds|funds|funds|
|||||||2019
f.|2019f|2019f|
||Special collections||||||||
||Good Gifts 2018-St. Francis at|||the Engine Room|||1,769|1,769|
||Christmas 2018-Barnet||Mencap||||849|849|
||Christmas
2018- North||London Hospice||||849|849|
||Christmas
2018- Iraqi|Christians||in Need|||849|849|
||Christian
Aid Week||||||383|383|
||Lent lunch- Churches|Together||in Finchley|||100|100|
||The Children's
Society||||||671|671|
||All Souls- Third Hope||||||177|177|
||Homeless
Sunday-
Housing
Justice||||||237|237|
||Remembrance
Sunday-||Royal British Legion||||528|528|
||Mission Allocation||||||||
||USPG|||||1,000||1,000|
||Barnet Refugee Service|||||1,000||1,000|
||North London Hospice|||||1,000||1,000|
||Limapela
Foundation|||||1,000||1,000|
||Livability|||||500||500|
||Five Talents|||||1,000||1,000|
||SPCK|||||1,000||1,000|
||Barnet Mencap|||||1,000||1,000|
||Spurgeons|||||500||500|
||Other||||||||
||St. Mary's School|||||155||155|
||Total 2019|||||8,155|6,412|14,567|
|10.|Analysis
ofexpenditure||on charitable||activities||||
||Summary
by fund type||||||||
|||||||Unrestricted|Restricted|Total|
|||||||funds|funds|funds|
|||||||2020|2020f|2020|
||The provision
of public|worship||||150,854|11,446|162,300|
##
##
|Summary|by|fund type (|continued)||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||2019
E|2019
F|2019f|
|The provision||of public worship||173,711|97,418|271,129|
|Summary|by|expenditure|type||||
||||||||Total|
|---|---|---|---|---|---|---|---|
||||||Staff costs|Other costs|funds|
||||||2020|2020|2020|
||||||E|F||
|The|provision|of|public|worship|7,874|154,426|162,300|
||||||||Total|
||||||Staff costs|Other costs|funds|
||||||2019
8|2019
E|2019f|
|The|provision|of|public|worship|4,705|266,424|271,129|
|||Total|
|---|---|---|
|Staff costs|Other costs|funds|
|2019
8|2019
E|2019f|
|4,705|266,424|271,129|
||||||Activities|Grant||
|---|---|---|---|---|---|---|---|
||||||undertaken|funding
of|Total|
||||||directly|activities|funds|
||||||2020
E|2020|2020f|
|The|provision|of|public|worship|146,681|15,619|162,300|
||||||Activities|Grant||
||||||undertaken|funding
of|Total|
||||||directly|activities|funds|
||||||2019f|2019|2019f|
|The|provision|of|public|worship|256,562|14,567|271,129|
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2020|2020|2020|
|||E|8|F|
|General expenditure:-|||||
|Wages and salaries||7,708||7,708|
|Pension
contributions||166||166|
|London Diocesan Common|Fund|89,440||89,440|
|Clergy expenses||2,127||2,127|
|28 Hendon
Lane expenditure||597||597|
|Organists
and Choirmaster||9,140||9,140|
|Organ scholarships||490||490|
|Repairs and renewals||6,381||6,381|
|Cleaning||1,672||1,672|
|Insurance||5,781||5,781|
|Gas and electricity||2,619||2,619|
|Water rates||166||166|
|Telephone||719||719|
|Music and choir expenses||939||939|
|Organ tuning||349|50|399|
|Service costs||903||903|
|Printing
and stationery||1,733||1,733|
|Photocopier
leasing costs||888||888|
|Church flowers||533||533|
|General expenses||716||716|
|Subscriptions||520||520|
|Designated
fund expenditure;-|||||
|Asbestos Survey||100||100|
|New altar||6,168||6,168|
|Rectory alarms
and security||445||445|
|Rectory water rates||403||403|
|Restricted
fund expenditure:-|||||
|Roof|||2,659|2,659|
|Cartwight
memorial|||1,848|1,848|
|Bell ropes|||1,360|1,360|
|Children's
work resources|||61|61|
|Total 2020||140,703|5,978|146,681|
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2019f|2019
F|2019f|
|General expenditure:-|||||
|Wages and salaries||4,550||4,550|
|Pension
contributions||155||155|
|London Diocesan Common|Fund|86,920||86,920|
|Clergy expenses||2,984||2,984|
|28 Hendon
Lane expenditure||1,105||1,105|
|Organists
and Choirmaster||9,305||9,305|
|Organ scholarships||720||720|
|Repairs and renewals||9,426||9,426|
|Cleaning||4,560||4,560|
|Insurance||5,495||5,495|
|Gas and electricity||3,179||3,179|
|Water rates||81||81|
|Telephone||743||743|
|Music and choir expenses||769|273|1,042|
|Organ tuning||823|237|1,060|
|Service costs||1,760||1,760|
|Printing
and stationery||2,523||2,523|
|Photocopier
leasing costs||888||888|
|Church flowers||800||800|
|Junior church||42||42|
|Social committee||430||430|
|General expenses||2,505||2,505|
|Subscriptions||150||150|
|Designated
fund expenditure:-|||||
|Church electrical works||5,391||5,391|
|Sound system||5,765||5,765|
|Asbestos
survey||500||500|
|Clock regilding||4,822||4,822|
|28 Hendon
Lane refurbishment||5,729||5,729|
|Rectory alarms
and security||1,348||1,348|
|Rectory repairs and decorating||1,920||1,920|
|Rectory water rates||408||408|
|Restricted
fund expenditure:-|||||
|Night shelter|||459|459|
|Youth choir|||87|87|
|Roof|||6,000|6,000|
|Green and fair|||44|44|
|Cartwright
memorial|||83,666|83,666|
##
|NOTES TO THE FINANCIAL|NOTES TO THE FINANCIAL|NOTES TO THE FINANCIAL|STATEMENTS|STATEMENTS|STATEMENTS||||||
|---|---|---|---|---|---|---|---|---|---|---|
|FOR|THE YEAR ENDED 31||DECEMBER||2020||||||
||Concert recharges|||||||(240)|240||
||Total 2019|||||||165,556|91,006|256,562|
|13.|Staff costs||||||||||
||||||||||2020|2019|
||||||||||E||
||Wages and|salaries|||||||14,408|14,550|
||Contribution|to defined||contribution||pension|schemes||166|155|
||||||||||14,574|14,705|
||The average|number|of|persons|employed||by the P. C.|C. during the year was as||follows:|
||||||||||2020|2019|
||||||||||No.|No.|
||Administration||||||||||
||Children's
worker||||||||||
||Freehold|
|---|---|
||property|
||F|
|Cost or valuation||
|At 1 January 2020|100,000|
|At 31 December 2020|100,000|
##
|NOTES TO THE FINANCIAL|NOTES TO THE FINANCIAL|STATEIVIENTS|||
|---|---|---|---|---|
|FOR|THE YEAR ENDED 31DECEIIBER2020||||
|15.|Tangible
fixed assets|(continued)|||
|||||Freehold|
|||||propertyf|
||Net book value||||
||At 31 December 2020|||100,000|
||At 31 December 2019|||100,000|
|16.|Fixed asset investments||||
|||||Listed|
|||||investmentsf|
||Cost or valuation||||
||At 1 January 2020|||93,304|
||Revaluations|||5,615|
||At 31 December 2020|||98,919|
||Net book value||||
||At 31 December 2020|||98,919|
||At 31 December 2019|||93,304|
|17.|Debtors||||
||||2020|2019|
||Due within one year||||
||Other debtors||10,625|23,187|
||Prepayments
and accrued income||4,603|895|
||||15,228|24,082|
|18.|Creditors: Amounts
falling due within one year||||
||||2020|2019f|
||Other taxation and social security||68|190|
##
##
|Creditors: Amounts
fal|ling due within one year (conti|nued)||
|---|---|---|---|
|||2020|2019|
|Other creditors||3,582|4,285|
|Accruals
and deferred|income|2,142|7,753|
|Grants accrued - institutional||774|774|
|||6,566|13,002|
##
|2020|2019|
|---|---|
|E||
||2,640|
##
##
|Statement
|offunds|- current year||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
|||Balance at 1|||||31|
|||January|||Transfers|Gains/|December|
|||2020|Income|Expenditure|in/out|(Losses)|2020|
||||E|E|F|E||
|Unrestricted||||||||
|funds||||||||
|Designated|funds|||||||
|Fabric fund||45,046||(100)|2,000||46,946|
|Bequests||5,126|1,042|(6,168)||||
|Hall repairs||||||||
|reserve||35,500|||||35,500|
|Clergy||||||||
|accommodation||||||||
|fund||99,375|2,499|(848)||5,615|106,641|
|Church||||||||
|enhancement||||||||
|reserve||26,913|||||26,913|
|||211,960|3,541|(7,116)|2,000|5,615|216,000|
|General funds||||||||
|Church account||33,366|179,165|(169,991)|(2,316)||40,224|
|Total Unrestricted||||||||
|funds||245,326|182,706|(177,107)|(316)|5,615|256,224|
|Restricted funds||||||||
|Special||||||||
|collections||4,249|9,734|(6,298)|||7,685|
|Night shelter||8|||||8|
|Hall buildings||||||||
|reserve||100,000|||||100,000|
|Organ fund|||50|(50)||||
|Youth choir||1,285|||||1,285|
|Roof fund||96,346|4,227|(2,710)|||97,863|
|Music and choir||||||||
|fund||200|113||||313|
|Piano fund||721|||||721|
|Green and fair||240|||||240|
|Cartwright||||||||
|memorial||824|2,000|(1,848)|||976|
##
##
|||||||Balance at|
|---|---|---|---|---|---|---|
||Balance at 1|||||31|
||January|||Transfers|Gains/|December|
||2020|Income|Expenditure|in/out|(Losses)|2020|
||E|E|F|E|6||
|Bells fund|1,044||(1,360)|316|||
|Youth work|||||||
|resources|1,408||(61)|||1,347|
||206,325|16,124|(12,327)|316||210,438|
|Total offunds|451,651|198,830|(189,434)||5,615|466,662|
##
##
|Statement|offunds|- prior year||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
|||Balance at|||||31|
|||1 January|||Transfers|Gains/|December|
|||2019f|Income
E|Expenditure
F|in/out
E|(Losses)
E|2019|
|Unrestricted||||||||
|funds||||||||
|Designated|funds|||||||
|Fabric fund||45,141|1,770|(11,865)|10,000||45,046|
|Bequests||96|5,030||||5,126|
|Hall repairs||||||||
|reserve||35,500|||||35,500|
|Clergy||||||||
|accommodation||||||||
|fund||87,918|2,476|(3,676)||12,657|99,375|
|Church||||||||
|enhancement||||||||
|reserve|||37,500|(10,587)|||26,913|
|||168,655|46,776|(26,128)|10,000|12,657|211,960|
|General funds||||||||
|Church account||30,807|221,028|(190,969)|(27,500)||33,366|
|Total Unrestricted||||||||
|funds||199,462|267,804|(217,097)|(17,500)|12,657|245,326|
|Restricted|funds|||||||
|Special||||||||
|collections||4,056|6,605|(6,412)|||4,249|
|Night shelter||432|35|(459)|||8|
|Hall buildings||||||||
|reserve||100,000|||||100,000|
|Organ fund|||237|(237)||||
|Youth choir||1,277|95|(87)|||1,285|
|Roof fund||64,112|21,193|(6,459)|17,500||96,346|
|Music and choir||||||||
|fund|||473|(273)|||200|
|Piano fund||721|||||721|
|Green and|fair|193|91|(44)|||240|
##
|Statement|offun|ds - prior year (|continued)|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||||Balance at|
|||Balance at|||||||31|
|||1 January|||||Transfers|Gains/|December|
|||2019f|Income
f|Expenditure||f|in/outf|(Losses)|2019
F|
|Cartwright||||||||||
|memorial||415|84,075||(83,666)||||824|
|Bells fund|||1,044||||||1,044|
|Children's|work|||||||||
|resources|||1,408||||||1,408|
|||171,206|115,256||(97,637)||17,500||206,325|
|Total of funds||370,668|383,060||(314,734)|||12,657|451,651|
|Summary
offun|ds - current yea|r|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||Balance at 1|||||31|
||January|||Transfers|Gains/|December|
||2020f|Income
F|Expenditure
F|in/out
F|(Losses)f|2020
F|
|Designated|||||||
|funds|211,960|3,541|(7,116)|2,000|5,615|216,000|
|General funds|33,366|179,165|(169,991)|(2,316)||40,224|
|Restricted|||||||
|funds|206,325|16,124|(12,327)|316||210,438|
||451,651|198,830|(189,434)||5,615|466,662|
##
|Summary
of fun|ds - prior year||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||Balance at|||||31|
||1 January|||Transfers|Gains/|December|
||2019
E|Income
F|Expenditure
E|in/out
6|(Losses)|2019f|
|Designated|||||||
|funds|168,655|46,776|(26,128)|10,000|12,657|211,960|
|General funds|30,807|221,028|(190,969)|(27,500)||33,366|
|Restricted|||||||
|funds|171,206|115,256|(97,637)|17,500||206,325|
||370,668|383,060|(314,734)||12,657|451,651|
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##
|Analysis|of net assets between
funds - curr|ent
period|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2020|2020|2020|
|||F|F|F|
|Tangible|fixed assets||100,000|100,000|
|Fixed asset investments||98,919||98,919|
|Current|assets|163,097|111,212|274,309|
|Creditors|due within one year|(5,792)|(774)|(6,566)|
|Total||256,224|210,438|466,662|
|Analysis|of net assets between
funds - prior pe|riod|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2019|2019|2019|
|||F|F.|E|
|Tangible|fixed assets||100,000|100,000|
|Fixed asset investments||93,304||93,304|
|Current|assets|166,890|107,099|273,989|
|Creditors|due within one year|(12,228)|(774)|(13,002)|
|Creditors|due in more than one year|(2,640)||(2,640)|
|Total||245,326|206,325|451,651|
##
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