Paro¢hlal (Iwrth COW1•1$tAnkn1t. iW•NI 51atelnt AttMt5 Forthe wareFxtlni31 rithtslOIO TOTALFUND5 20 INCOMING RESCYJRCES IncomlngfesourtÉ%trth dor5 54.79) Olhervduntary inc(YtiSng resources bl 6215 24,701 IrKomin6 rUrCes1rl opeTrvr¢KIi ioluthrtheCaurt4'50biects 21cl 15,162 48,498 tu IQrItfvds ldl 5,%1 Incomefrom InStMent 8324 TOTALINCOAll EWIIOWMEI5 86,279 E¥PENO Donatlons Y1•) 650 Gr•nts 3rbl ArtfvWthretttyTelatln¥l0the*0lthe chwth 82.257 101.719 Church mènawnerrt an(ladmlnlstMt 27P23 ArchKertsand plannln8fttS.8uildln8 InsFoakn Fees 978 TOTAifKP1140mJ 132 392 NETIWCOMVILXPIN 21A73 GWWSAND LOSSESON IMVE5rwFas 17, 276 IIETMOvEMEl IN FUIIDS .a,10S 64,149 TPJASFER 8ETrIEEN FUNDS ALANCES BROUGHT FORWAROAT IJANUARY allo 559 LA14CES C4RRIEDKIIIWAfoAT31 DECfMBER20XI SS9 91
Parochlal Chrth Cthrntyl of StArnkns4 Lelwl Balan£eShe* at31 Detember2020 2019 FIXEDASSErs Tanztble fixed assets 235.804 148.931 Investmentassets 145.&10 268.060 38L444 416.991 CUXR£NfASSEf5 Debtors 8.737 16.120 Short term deppslts 121,749 66,330 Cash It b)nk4r¥t in harKI 67.584 177,467 150,034 UABILMES: AMOVPIT5 FIWNG DUEWITHIN 0YEAR 2.422 7.432 NEf CURRENT ASSETS 175.046 142.602 NrrAsseTS 556,489 559,593 FUNDS Uniestrkted 556,489 559,593 Restrtcted 556.489 559,593 ApprLw•d by the Parochlal Church Cnd10Ththe 29thAyll 2021 slened its b•h•lF byth•thurthw¥rd¢n: Jvnet5inglet
l737 J4uo 12L74Y 67Y4 ?AJ2 1?5 24 S5&A89 559
Parothlal Churth cJnl ofStAmbry ieylw Notes to the Rnandal Ststements Fortheyearenthttt31 tle(wnbw2020 AccoupillNG POiIOE5 The financial statements have been prepared urMlpTthe Churth Acc0n8 ReBulatiorts 2rTh In accordantÈ with the applicabje atxxuntlng stsndards atKI the current Ststernerrtof ReCmended Pta¢tKeA(counVn8aNY Repyung bythèrities I}Rp{FR5sE)I. The finandal statements hove been prepared urthrthe hlstori¢d LtyronverrtSon excepi forthe valuabon ¢flnve$trnerttassets. th are 5knm at mathetvalu General funds reprE5ent the fvnds of the Pccthat a notsubjectio anYtrIctl05 regardIn8t1r use and are available forapplitalian general purpD5e5 of the KC Fund$de&at¢d fw • partlcular PUrpe bythè PCC are also unrestrirted. Fotlowing the fOrrn appfov¥I Lrfthe PCC in NcNember 201L fijnds raised SpedficaIforthe Hllls for1 PTolect have all been rlaSsIfied35 fjeneral FuThJs. remold th prwlou5 restriction on the vse of the Thlsallowsforall thefvThlsof the PCQ whetherheld in O)UTth(¥ 15 lor All AcctvJnt5 tg be used for ether, •tthe di5cretlon ofthe KC. The acc In¢lude all tr3nsactlofts. a55etsaThJ Ilabinttes forwhith the PCCIS Tesponsibte in l•w. Ty do not indud¢ th¢ counts olthurth groups ihai ty•èthe(rmalfi affiliation toanotherbody orthose th•t ore lnfornlal8aththn8sofdh membv> Volunt•ry kncome •nd Collectlons•re rtto8n15ed when T•ceW bvoron W4fofthe PCQ Planned 4Svln8 receNable under Gfftd 15 reco8n15ed ¥then rttew. Intornt la¥ recoweraNe on fjfftd donatlons Is re¢wised the Incomeis recognd. Grants and Iwtie5 to the Pccare auted for as soon asthe Kcls notffied of its le8al eDdtlemen¢ tt due Is quafiiifi•lJe and an infiowtsf eL¥j5MI( benefftto the PCC1s probable. Fvnds raised by Fund Ralsin8 Ents are accounted foryos Sales of books and rnayzSne5from thÈ ¢hvrth JJcKkstsll are actoufit•d fcryos Other IrK¢xne Rental Incomefrom the lettiOfthwth prth)ises 15 re(08n15¢dthn tr* rerrtJl Isthje. Inetyn•fr DdendS are accounted Itv when due ano payal)te. InTeStenI1tjemnts iTe Kcounted foras theya¢crue. Tax recoverabl¢on xrth irKorne Is recwised in same accountin8wr. Go]n$ irt1105se5 on In¥estwts Realised 8alns and losSese rece1$e when investynentsas01d. Unrealised lain5 or losses are atcouThted foron revaluation of Irtments at31 DecbEr.
Parothl•l Churth C11 tStAmbros4 Led Notesto the Flnarttsal Statem{¢nuedj Grknts Grants and dorbatlons are accounted fotvthen pa over. oras soon asanoutlkn of economic benefit 15 probable. Adivitiesdlty rd•iir4 ththewfkatthe Chwth The dlocesan parish share Isaccounted lor %then paid. Arry p•r15h share unpald at 31 Decemb¢r Is not provided f¢r In tse account Unpaid Parish Share forthe year2020 ha5 been approved for ptyment In full by theetsj of J•nuary 2021. Cpn5ecrated and prtwryofwy klnd Is eXdled the xcounts by &1012llal 2nd It) of the Charttles Act 2011. Mtr4able thufth fumlshlngs hejd Vlc¥and ChunYManlens on sp¢dal tntstferthÈ Pffj whidTr requlre a faculty for dispwl, are acJnIÈd aslnalleThable property unles5 cortheualed. They •rt listed ln the thurth's Inventoryknthith be inspected latary reasLm8blÈ tlm•l. For Inollenable property qulred priorto 2W2 th¢re 1$ in5uffideTrt cost Inknmati¢fi avaitable and therefore suc assets •re notvalued in the tiems acqulred sln¢ l Jlnuary 2C•)4 ha¥e been capltallsed and dep•t¢d in the acctyJTrtso¥erth?ir rrentty andclpated usefvl ewnomlc Ilfe on a stral8ht-line basl All expeltUre Inthtrred ifi the year on (onseuated w bErlICe bulldlnus. indfvidual it¢m5 under £1.0 or Onlhe repalrofmov•bl¢¢hurth fiJrnSshlrywulrÈd bekn l January 200415 written off. Bulldlkw Improvements Expendsture. of a cap1 nature. irKJrred w buifdln# IMprements/¢%lefisthSt0 thethurth ha115 h been upitali5ed at co& netof t. •nd are depreciaied ona str¥18ht4lne ba515 ¢y4er 25year& Eqvlprnent used wlthlth the th¥rth premises lsdepretiated on a stral8ht41M basis o¥tr4year5. Indlvldual items ol equ5prnefitbth a purth•ye prke ot£L¢))O or It Irt WTIttEn off 4tsStL Is a¢qulrtd. Investments are valu ¥t martet Value * 31 f¢ember. Arnountso tothe PCC 31 0mber ifi ff5pertoffee5. rentsorotlr Irne sh as deor5 less prr15knn foramountsthat mayprove unc(Ile£iablL Short.tErm deWts indud¢Sh hdd on dePrtth the CBF Churthof EaThd FvrKI%
TOTALFUNUS 2019 Incomlw resourcesfromdor Plènned aMn8". StÈdrdshlp Income tsxYecoveRble CollÈttitins l¢)pen plaiel ata•se Sundry doTratlJn5 42,C124 io,iio 939 8,459 13.675 2,966 66,975 21bl other¥UnrylrK&gfeS0Ur¢?j Donatn4 appealx ett [1¢1e$ 6.115 14,701 io.ots) 24.701 6,215 i#wme from operatln8 aCIMI&' to furtherthe Council'sobietts 11 lettir8Sthr 12.765 2.397 15,162 41.rx)7 7A91 In¢om• to generntr fvnds Maaat¢nes Fkn¥er Fund 740 725 323 1,788 1,420 3,681 5,961 21el Intome from investmEnt Dlvldends and irrtertst dl¥JRa¥ reClaim•b tsx rwatuakn of a$5ets TOTAL INCI)ME ANDENLNJWMEPI
TOTAiWIIDS
6YJ
6Thnts
45,Y95
13WI
ChJr£h-rinIt
O¥JTth rNIrten
7Q2
3,139
upktw•fchwchwd
fjpjrtk TrWlTrnrdr
rochlal thurth Countm ufStAmbrose, Lefv Notestotr Ftnan(lal Statwwts Itontlhuod) forlhe yo8r endkn831 DÉ£nberJ)20 DEBTOPS IrKome &xrerpveTrblt Pr@P3yments Otherdebtors 10.036 1,642 4,442 16,120 1.650 107 LBrnE&.N1lKmjPIfs FALLING WElmlN OPtt YEAR 2020 2019 Other credStyS 22 7.432 ANALISLSOFNET ASSETS PWEEpI WPIDS Funds Fuhth Fund¥ Tanwble fixed assets Inyestmentassets Currentassets Currefit Il•tAIths 235. 145,640 177A67 114221 235,800 145,640 177,467 12,4221 Net •Ss•tsat 31st Ewmber2020 556 556 489 PAOVEMENTS IPI FUND5 Atllm TTrn51v At31Dec un$tr fvr.GerraI fund 559593 Aestrktqd fuTh15- St AmbrwA Ha115 ForAII 559593 103.859 556,489
Independent Examlnerfs Report to the membersltrukn <rfSt Ambrose Clwrch Leyland ParothBal Church Councll I report on the accounts for the year ended 3L£t December 2020 whkth are set out on pages I to 7. especthie respon51blllties of the Tnjstees and Indepenknt ExamlnÈr The charitys trustees conslder that an audit Is not required for this year under section 144121 of the Charithe5 Art 2011 (the 2011 Act) and that an independent examination is needed. It Is my responsibility to . examine the accounts under section 145 of the 2011 Art; • follow the procedures laid down in the General Dtrections 8iven bythe Charity Commlssloners settion 14515llbl of the 2011 Art- and ' state whether particular matters have come to my attention. B•sls of Independent Examlnerfs Statemenl My examinatlon was carried out In accordancewlth the General Directions gl¥en by the Charity Commlsslon. An examlnation includes a rediew of the accountin8 records kept by the charlty and a comparr50n of the accounts presented with those records. It also indudes conslderation of any unusual items or disdosures in the accounts, and 5eekin8 explanations from the management Commtee concerning any such matters. The procedure5 undertaken do not provtde all the evidence that would be required In a full audit, and consequently I do not expre55 an audlt opinion on the accounts. Independent Examlnerfs Statement In connection wlth my examinatlon. no matters have come to my atteniion l. whl¢h give rne reasonable cause to believe that In any material respect the requlrements to keep accountlng records in accordan with 5.130 of the 2011 Art: or . to prepare accounts whlth accord wtth thw accounting records have not been met: or 2. to which, In my opinion, attentlon should be drawn In order to enae a proper understanding of the aecounts to be reached. Paul Latham 5 Thistle Close Chorlev LancashlrÈ PR6 OEZ Si8ned...................-....