**REGISTERED CHARITY NUMBER: 1131650**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020**
## **FOR**
## **BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
Brindley Millen Ltd 167 Turners Hill
Cheshunt Hertfordshire EN8 9BH
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 December 2020**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|7|
|**Independent Examiner's Report**||8||
|**Statement of Financial Activities**||9||
|**Balance Sheet**||10||
|**Notes to the Financial Statements**|11|to|22|
|**Detailed Statement of Financial Activities**|23|to|24|
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
**REPORT OF THE TRUSTEES for the Year Ended 31 December 2020**
## **Legal and Administrative Information**
The PCC is a body corporate (PCC Powers Measure 1956 and Church Representation Rules 2006) and a charity currently registered with the Charity Commission Registered Charity Number 1131650.
|Parish Name|The Billericay and Little Burstead Team Ministry|
|---|---|
|Diocese & Diocesan Parish Code|Chelmsford 10.03|
|Deanery|Basildon|
|Archdeanery|Southend|
|Episcopal Area|Bradwell|
|Address|Emmanuel, Laindon Road, Billericay, Essex. CM12 9LD|
|Website|www.billericaychurches.org|
|Independent Examiner|Brindley Millen Ltd, T/A Hewitt Warin, 167 Turners Hill, Cheshunt, Hertfordshire|
||EN8 9BH|
## **OBJECTIVES AND ACTIVITIES**
## **Aims of the Organisation**
The Parochial Church Council (Powers) Measure 1956, section 2, directs that a Parochial Church Council (i.e. The Billericay & Little Burstead Team Ministry), has the responsibility of co-operating with the Rector,
alongside the Team Vicars, in promoting within the ecclesiastical parish the whole mission of the Church:
- Pastoral: to look after, and care for, the needs of individual people;
- Evangelistic: to share the Good News of salvation in Jesus;
- Social: to be involved in the local community with those who are suffering;
- Ecumenical: to encourage good relationships with other Christian denominations.
The PCC also has responsibility to maintain all church buildings and grounds. Thus, the prime purpose of the church is to maintain and develop the community of Christian believers and to use the strength of that community to promote the beliefs of and in Christ through outreach, care for those in need, and by contributing in practical and Christian ways to the community. Naturally, this will involve our engagement in such issues as Mission, Teaching, Nurture and Christian Stewardship - such as the giving of our Time, Talents and Financial Resources. All of this should be seen as part of our common Christian discipleship and not just for those who are particularly keen, willing, and able. In addition, our support of missionary activities (both at home and overseas) should fulfil a clear and integral part of our communal life as the family of God here in The Billericay and Little Burstead Team Ministry.
The principal way in which the PCC fulfils this responsibility is in acting in collaboration with the clergy team and the District Church Councils in co-ordinating ministry within the parish, based in and around the five churches of the parish, and in providing oversight as needed. In practice, as much as possible is delegated to the District Church Councils, however, the PCC retains the legal responsibility for overseeing the parish and furthering its aims and has the final say on expenditure over £2,000 and faculty applications.
## **Public Benefit**
When planning the activities for the year, the Team Rector, Ministry Team and PCC have considered the Charity Commission's guidance on public benefit, and in particular, the specific guidance for charities for the advancement of religion. In particular, we try to enable people to live out their faith as part of our parish community through:
- Worship and Prayer; regular public worship that is open to all, and the provision of sacred space for personal prayer and contemplation.
- Enabling people to learn about the Gospel and develop their knowledge of, and trust in, God the Father, the Son and the Holy Spirit through sermons, courses and small groups.
- Provision of pastoral care for people living in the parish and for members of the congregations, including offering the sacraments of baptism and confirmation, conducting weddings and funerals and visiting the sick, housebound and bereaved.
- Mission and outreach work.
- Taking of religious assemblies in schools.
- Evangelistic activities, through the staging of events and meetings and the distribution of literature.
- Promoting the whole mission of the Church through our involvement in the wider community of Billericay.
Page 1
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
## **REPORT OF THE TRUSTEES for the Year Ended 31 December 2020**
## **COVID-19**
An overused word during 2020 was 'unprecedented' and there's no doubt our nation and our world, and we as a church, faced unprecedented levels of disruption during 2020. The challenges for all of us under Lockdown #1, #2 and #3 have been immense. Not least for those of you who live on your own and those who don't have internet access. Many of you, like me, have mourned the loss of family and friends in the most painful of circumstances. You may recall that on 11 March 2020 the Covid-19 pandemic was announced by the World Health Organisation and, following this, on the 24 March 2020 the UK government announced a lockdown and cancellation of all religious and other types of meetings. As a result, all gatherings in the Parish from that date until early July continued online rather than in person. You may recall the Archbishop's banned clergy from entering their churches to even pray! Easter 2020 and 2021 under lockdown was a challenge for all of us.
Churches were allowed to be open for private prayer from mid-June and for public worship from 5 July. Lockdown #2 was then announced, and churches were closed from 5 November to 2 December for public worship but not for private prayer. Livestream and pre-recorded services continued during this period - following government guidelines. Then a new tier system was introduced in December with Essex finding themselves in Tier 4. Whilst churches were allowed to continue public worship during this time the DCCs made the decision to close our churches for public worship from January 2021 - though Saint Mary's in the High Street was open for private prayer four days a week. As lockdown restrictions ease, three of the four team churches reopened on Sunday 18 April 2021. Due to the continued generosity of members across the churches regular giving has continued. However, we have suffered significant losses due to the fact that loose plate giving on a Sunday has come to a standstill and our church halls have not been able to be hired out from March to the present day.
## **ACHIEVEMENT AND PERFORMANCE Charitable activities**
## **The Billericay & Little Burstead Team Ministry**
The Billericay & Little Burstead Team Ministry consists of five churches spread across our town and, whilst offering different styles of worship, within an evangelical tradition, we are united in our vision to serve God and the wider community in which we live and love. COVID 19 saw a huge restriction on our ability to worship together physically, though great imagination was shown in the way livestream, pre-recorded and liturgical services were able to take place across the parish. Changes that may usually take several years to discuss and implement, were introduced almost overnight. Two new phrases were added to our vocabulary during lockdown: "You're on mute" and "Can you hear me!" The Team Ash Wednesday service was held at Saint Mary Magdalen and the Maundy Thursday Communion was led by me on Facebook. We were able to enjoy a pre-recorded Team Service of Communion in November. Midweek Communions at Saint Mary's took place when churches were open, when Preaching and Presiding is shared amongst the clergy. We were able to hold our Annual Service of Memorial at Emmanuel in November. The closure of our churches and church activities during 2020 has challenged all of us to think more deeply about our Christian faith and the true nature of our worship of God and the role of church in our lives. The greatest challenge of all, is not the loss of familiar church events, but of drifting away from God. It's said that it takes 10 weeks to break a habit and even longer to create a new one. Research suggests that 40% of Church regulars stopped accessing online services after 12 weeks. If that is true, then many church habits have been broken and it will take a long time for us to recover what we have lost during lockdown. It has been a challenge for all of our churches to run one (even two) clergy short and this has been a heavy burden at times for myself and Margaret. Full credit goes to the churchwardens at Saint John's and Saint Mary the Virgin for managing the additional workload that goes with this. We were delighted to welcome Revd Rupert Hankey as a team vicar in September 2020. The reports from individual churches can be read below.
Revd Paul A Carr
Page 2
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
## **REPORT OF THE TRUSTEES for the Year Ended 31 December 2020**
## **Christ Church**
Due to Covid, Christ Church has been closed for much of the past year. Services have continued online with high numbers watching. We stayed open for Christmas even holding four bookable Christingle Services in Church and one online. Our monthly afternoon Pensioners' Praise Services were surprisingly well attended from October - December. We have had three baptisms and one funeral in Church, but all weddings have been cancelled. An online Bereavement Group is a new feature. Even when open, we continued recorded Services online and we will continue for the foreseeable future. We recognise we need to invest in equipment to live-stream our services. Our Youth Group has been closed throughout the pandemic. Monthly Messy Church re-opened in the Autumn of 2020, closing again in January 2021, and will re-open in May 2021. We maintained contact with these families by delivering bags with a bible story and craft. We have an Ordinand in first year of training, an LLM in her second year, and a new ALP. We maintained contact with those shielding by drawing up a list of who will make contact with whom. A new newsletter with photographs and stories about Church life has been sent out weekly throughout the pandemic. We have delivered "Afternoon Teas" to older members of the congregation, friends and neighbours. Church members knitted angels to go with Christmas Teas, and chicks for Easter Teas. Weekly prayer continued online through Facebook, which also offered ideas for bible study. There has been "in person" prayer when possible. Some home groups have met via Zoom. All Church meetings are presently conducted via Zoom. Our Kenya Schools' link has been surprisingly well maintained, despite no visits being possible. Christ Church worked with the Rotary Club of Billericay and the Rotary Club of Embu, Kenya to raise funds for borewells for eight Embu schools giving clean water to 2,500 schoolchildren. Our 1960s buildings continue to cause problems particularly with water leaks, which we are trying to address. We have had increased vandalism and misuse of our car park causing us to apply for CCTV and ANPR cameras. The Scout Hut lease on our site has expired, and as the building is in poor condition, it will soon be demolished. The Scouts are now using our halls for their meetings.
Revd Margaret Fowler
## **Emmanuel**
2020 was the year of COVID 19. Overnight, online worship quickly becoming the 'new normal.' We livestreamed from The Rectory with the Carr Family during March and April and we then veered towards pre-recorded services from May to August and began hybrid services (a mixture of live and pre-recorded contributions) from late August until the present day. Many of our church meetings took place on Zoom. The church website became the primary course of passing on information. We're conscious that several people in our church family do not have internet access and we're grateful to Sue Oakley for producing regular newsletters to keep people up to date. When church re-opened in September for both 8.30 am and 10.30 am services around 40% of our regular congregation returned with many continuing to self-isolate - which was perfectly understandable. We tried to continue a regular pattern of Sunday worship during lockdown and Home Group sermon series for 2020 were: The I Am Sayings of Jesus; A short series on Elijah and Elisha and The Sermon on the Mount. We still managed to squeeze in four Mission Focus Sundays in 2020 with speakers from: Dementia Friends, Changing Pathways, Mothers' Union and Interserve. Messy Church continued on the third Sunday of every month at 10.00 am in the church hall and online with craft bags delivered to families taking part. Many of the young families involved are taking more of a leadership role which is fantastic to see. The only Parade Service took place in February. There was no Remembrance Sunday Parade Service in the High Street though we did include an Act of Remembrance in our livestream worship. Sadly, the Operation Christmas Child 'shoebox extravaganza weekend' wasn't able to take place - though we did encourage folk to 'fill' a virtual shoebox online. We were able to collect toys for Changing Pathways at our outdoor Carol Service in December. Our Carol Service and Christingle and First Communion of Christmas were all pre-recorded and posted online. We enjoyed a small and intimate Zoom Communion Service on Christmas Day. The low points, for many of us, have been the loss of a number of well-loved church members across the parish, but here at Emmanuel we think particularly of Vivienne Gennings; Harold Hill; Bill Rogers; Ray Deane and Molly Callender whose Services of Thanksgiving were wonderful celebrations of their life and faith and touched the hearts those who were present.
Revd Paul A Carr
Page 3
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
## **REPORT OF THE TRUSTEES for the Year Ended 31 December 2020**
## **Saint John the Divine**
Despite enduring lockdown, protected opening and further lockdown, St John's has evolved with regular Wednesday 'Prayer and Praise' via Zoom, with an average of 19 attendees praising, singing, listening to Bible talks and following a Lent course, whilst finishing each hour-long session with prayer for loved ones and acquaintances that we would implore our Lord to look after. Sunday worship continued after initial lockdown with the congregation 'at church' distanced and masked. Then for a while with the minister, singers, readers, intercessors and technician at church whilst the congregation joined via Zoom. We opened for 'Private Prayer' when the opportunity arose. The majority of Sunday 'Morning Prayer' has been via Zoom, and we are overjoyed to welcome Rupert and Maria when the rota allows. We have a steady Sunday congregation of 25, most via Zoom, some via phone and all enjoying a new way of joint praise including songs, videos, prayers, readings and talks, though we miss our friends at Anisha Grange and other friends that can't join online. Notwithstanding the distanced praise, knitted angels were delivered at Christmas via the Foodbank and Palm Crosses at Easter and we continue to look ahead and plan for opportunities to spread God's love.
We have steadfastly continued with every planned giving envelope and direct debit, meaning we have not lost any congregational income. However closing hall bookings has clearly meant a reduction in income and we are close to dipping into our reserves. Looking at the wider SJD activities - Midweek Break, Small Wonders, Café on the Common - people are missing the fellowship and ask when things will start again, which is encouraging. We are amazed and humbled at the generosity of volunteers and donors at the Foodbank during great need, thank God for providing the vision long before the hour of need.
Paul Furneaux and Jim Rose
## **Saint Mary Magdalen 'The Church In The High Street'**
At the beginning of 2020, when the first lockdown was announced, it gave an opportunity for some of the major repair works that were planned to be put into action. The Government guidelines for churches meant that public access was restricted. Many of the serious repair works could now be undertaken without causing disruption to the various church users. It was a bit of a stop start process due to changes in the circumstances brought about by the Covid 19 pandemic. However, the disrepair in the foyer has been addressed although there is still "snagging" work to be done on a number of patches on the walls. The ramp for disabled access has been repaired. The stairs on the north side have been reinforced. The stairs and the ramp have been re-carpeted. The lower part of the interior of the church has been re-decorated (in the same colours as previous). The corridor to the kitchen, the vestry and the men's toilets have also been re-decorated. The ceiling lights in the church have all been replaced with energy saving LED lights. The floor tiles in the church have been stripped, repaired and re-sealed. As reported last year we still see St Mary's being used as a place where many different groups meet but, again, due to restrictions, it has been sporadic. There are groups for babies and toddlers and also gatherings of our older generation! It is with some sadness that the Billericay Street Pastors do not now operate out of St Mary's. It is also used for many one off events throughout the year such as the art trail and the Christmas market. The monthly markets that use the church have not been able to operate for a lot of the year but it is hoped that this will change in 2021! We continue to thank Pauline Randall and her team who put in a great deal of effort for these events. This income was a valuable resource that is greatly missed. Our prayer is that St Mary Magdalen will continue to be "the church in the High Street" offering a place for worship and a sanctuary of peace in times of 'life's crisis'. We regularly get feedback of how valued it is that there is a church, albeit with restrictions, regularly opened.
As with all our churches in the team St. Mary's desperately needs more volunteers to offer their skills to maintain the building. People who could give an hour or two cleaning, painting and decorating, removing rotten wood from window frames, the list is endless!! I am sure I could find a place for you suited to your talents. As stated last year, I am so grateful to Sue Oakley who works tirelessly with the finances, to Robert Lewis and Clive Willis who often help Tony with tasks I am not able to do.
Linda Wallace (Assistant Church Warden)
## **Saint Mary the Virgin, Little Burstead**
Basically the church building has been closed for the past year due to the Covid-19 pandemic. This has not stopped us worshiping each week. A small team headed up by Sandra and Sue G. have been producing a weekly service which is printed off and distributed to our congregation. Mid way through the year a new vicar, Rev. Rupert Hankey, was appointed to the team and after settling in has now been given St John's and St Mary's to look after. Great news to have a pastoral leader. Our first service in 2021 taken by Rupert, was an open air act of praise, held on Easter Sunday afternoon. Our prayers were answered in the beautiful sunshine we had, and the good number that attended. With none of our usual Christmas services the only other service was around the War Memorial at Little Burstead, for Remembrance day. As usual well attended by our members and villagers. Sandra has been overseeing our adherence to the covid-19 lockdown rules and sanitization procedures. No fundraising activities this past year has meant us relying on the generosity of our congregation who have kept giving their weekly offerings. We are now looking forward to the possibility of starting regular services in church again which will be welcomed after months of restrictions and self-isolating. Thank you to all those people who have continued to support St Mary's in various ways during the past year.
Ken Flack and Sandra Healy
Page 4
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
## **REPORT OF THE TRUSTEES**
## **for the Year Ended 31 December 2020**
## **FINANCIAL REVIEW**
## **Financial position**
During the year the PCC had income of £399,604 of which £272,453 was for general purpose and £127,151 was restricted.
There was general expenditure of £268,594 and restricted expenditure of £95,623 which led to an overall surplus of £37,053 for the year.
The PCC made payments totalling £164,044 of its parish share.
The above gain has led to an increase on the Net Current Assets from £362,854 to £399,906 Long Term Assets have been revalued in the year and increased in value by £127,044.
## **Reserves policy**
It is PCC policy to maintain a balance on unrestricted funds (if possible) that equates to at least three months' unrestricted payments to cover emergency situations that may arise from time to time.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Recruitment and appointment of new trustees**
The method of appointment of PCC members is set out in the Church Representation Rules. In the Billericay and Little Burstead Team Ministry the membership of the PCC consists of the incumbent, team clergy, team churchwardens, Readers / Lay Ministers and members elected by those members of the congregation who are on the electoral roll of the church. All members of the congregation are encouraged to resister on the electoral roll and to stand for election to the PCC.
The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1131650
## **Principal address**
40 Laindon Road Billericay Essex CM12 9LD
Page 5
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
## **REPORT OF THE TRUSTEES for the Year Ended 31 December 2020**
## **Trustees**
The trustees of the Charity are the PCC Members.
## **'Who's Who' in the Billericay & Little Burstead Team Ministry?**
|Team Rector||Revd Paul A Carr|
|---|---|---|
|Team Vicar||Revd Rupert Hankey (from September 2020)|
|Associate Priest||Revd Margaret Fowler (LD SSM)|
|Churchwardens|Christ Church|Sue Goldsmith & Val Shepherd|
||Emmanuel|Alan Morgan & Jim Shrubb (from Oct 2020)|
|||Paul Furneaux & Robert Masters (until Oct 2020), Jim Rose (from|
||Saint John the Divine|Oct 2020)|
||Saint Mary the Virgin|Ken Flack & Sandra Healy|
|Lay Ministers|Christ Church|Peter Fisher|
||Emmanuel|Sue Oakley, Pauline Randall & Pauline Woolnough|
||Saint John the Divine|Linda Russ|
||Saint Mary the Virgin|Sue Ginn (Permission To Officiate)|
|Authorised Local Preachers|Christ Church|Catherine Benbough , Paul Hunt|
|||Stephen Greenfield, John Humphreys, Rachel Orford, James Van|
||Emmanuel|Cleef|
|Readers Emeritus||Ken Bearman|
|Pastoral Assistant|Saint Mary The Virgin|Sandra Healy|
|PCC Secretary||Maureen Baker|
|PCC Treasurer||David Kitchener|
|Electoral Role Officer||Christine Coe|
During 2020, the following individuals have served as members of the Parochial Church Council:
## **Ex Officio Members**
|**Ex Officio Members**||
|---|---|
|Revd Paul Carr|(Chairman: Team Rector, Emmanuel)|
|Revd Rupert Hankey|(Team Vicar)|
|Revd Margaret Fowler|(SSM Associate Priest)|
|Peter Fisher|(Lay Minister, Christ Church)|
|Sue Oakley|(Lay Minister, Emmanuel)|
|Pauline Randall|(Lay Minister, Emmanuel)|
|Pauline Woolnough|(Lay Minister, Emmanuel)|
|Linda Russ|(Lay Minister, Saint John the Divine)|
|Sue Ginn|(Permission To Officiate)|
|Ken Bearman|(Reader Emeritus)|
|Sue Goldsmith|(Churchwarden, Christ Church)|
|Val Sheppard|(Churchwarden, Christ Church)|
|Alan Morgan|(Churchwarden, Emmanuel)|
|Jim Shrubb|(Churchwarden, Emmanuel, from Oct 2020)|
|Robert Masters|(Churchwarden, Saint John the Divine, until Oct 2020)|
|Jim Rose|(Churchwarden, Saint John the Divine, from Oct 2020)|
|Paul Furneaux|(Churchwarden, Saint John the Divine)|
|Ken Flack|(Churchwarden, Saint Mary the Virgin)|
|Sandra Healy|(Churchwarden, Saint Mary the Virgin)|
|Linda Wallace|(Deputy Warden for Saint Mary Magdalen)|
Page 6
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
## **REPORT OF THE TRUSTEES**
## **for the Year Ended 31 December 2020**
|**Elected Members**||
|---|---|
|Deanery representative, Christ Church|Catherine Benbough|
||2 vacancies|
|Deanery representative, Emmanuel|Christine Coe|
||Merrill Knight|
||Sue Stevens|
|Deanery representative, Saint John the Divine|Jim Rose|
|Deanery representative, Saint Mary the Virgin|Ken Flack|
|Diocesan Synod|Canon Shirley Jeffrey|
|Representative, Christ Church|Chris Davis|
||Kevin Goldsmith|
||Les Sheppard|
|Representative, Emmanuel|Phil Alcock|
||Bob Lewis|
||1 vacancy|
|Representative, Saint John the Divine|Jackie Bentley|
||Robert Masters|
||Julie Todman|
|Representative, Saint Mary the Virgin|Sarah Hirst|
||2 vacancies|
|Deputy Warden for Saint Mary Magdalen|Linda Wallace|
**Independent Examiner** Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH
Jan 31, 2022 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.............................................................................. Trustee
Page 7
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
## **Independent examiner's report to the trustees of Billericay and Little Burstead Team Ministry**
I report to the charity trustees on my examination of the accounts of Billericay and Little Burstead Team Ministry (the Trust) for the year ended 31 December 2020.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Institute of Chartered Accountants in England and Wales which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## mwbrindley
mwbrindley (Feb 1, 2022 14:14 GMT)
Maurice Brindley BSc FCA Institute of Chartered Accountants in England and Wales Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH
Feb 1, 2022 Date: .............................................
Page 8
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
## **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2020**
|Notes
**INCOME AND ENDOWMENTS**
**FROM**
Donations and legacies
**Charitable activities**
4
Parish Activities
Other trading activities
2
Investment income
3
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
5
Parish Activities
**Total**
Net gains on investments
**NET INCOME**
**Transfers between funds**
13
**Other recognised gains/(losses)**
Gains on revaluation of fixed assets
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED**
**FORWARD**|Unrestricted
funds
£
229,592
42,060
314
322
272,288
930
267,664
268,594
-
3,694
(1,548)
127,043
129,189
1,258,353
1,387,542|Restricted
funds
£
126,170
125
135
886
127,316
-
95,623
95,623
1,666
33,359
1,548
-
34,907
143,462
178,369|Endowment
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
245
245|31.12.20
Total
funds
£
355,762
42,185
449
1,208
399,604
930
363,287
364,217
1,666
37,053
-
127,043
164,096
1,402,060
1,566,156|31.12.19
Total
funds
£
301,151
93,772
5,518
1,688|
|---|---|---|---|---|---|
||||||402,129
5,198
343,948|
||||||349,146
3,669|
||||||56,652
-|
||||||-|
||||||56,652
1,345,408|
||||||1,402,060|
## **CONTINUING OPERATIONS**
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 9
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
## **BALANCE SHEET**
## **31 December 2020**
|Notes
**FIXED ASSETS**
Tangible assets
8
**CURRENT ASSETS**
Debtors
9
Investments
10
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
11
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS**
**CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
13
Unrestricted funds
Restricted funds
Endowment funds
**TOTAL FUNDS**|Unrestricted
funds
£
1,166,250
31,426
-
235,804
267,230
(45,938)
221,292
1,387,542
1,387,542|Restricted
funds
£
-
3,564
26,122
158,705
188,391
(10,022)
178,369
178,369
178,369|Endowment
funds
£
-
-
-
245
245
-
245
245
245|31.12.20
Total
funds
£
1,166,250
34,990
26,122
394,754
455,866
(55,960)
399,906
1,566,156
1,566,156
1,387,542
178,369
245
1,566,156|31.12.19
Total
funds
£
1,039,206
33,405
23,796
324,212
381,413
(18,559)
362,854
1,402,060
1,402,060
1,258,353
143,462
245
1,402,060|
|---|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on .............................................Jan 31, 2022 and were signed on its behalf by:
............................................. Trustee
The notes form part of these financial statements
Page 10
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
**NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 December 2020**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements and assessment of going concern**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.
The financial statements are presented in sterling (£).
The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern
## **Critical accounting judgements and key sources of estimation uncertainty**
No significant judgements have been made during the course of preparing these financial statements. There are no sources of estimation uncertainty.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
No depreciation is charged in respect of freehold property as the residual value of the property after its estimated useful life is anticipated to be at least the carrying value of the property show in the financial statements.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Debtors**
Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash, current bank accounts and deposit bank accounts with no withdrawal limitations.
## **Creditors**
Creditors are recognised where then charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.
## **Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially settled at transaction value and subsequently measured at their settlement value.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Donated goods**
During the year £67,600 (2019: £8,077) of food was donated through the St John the Divine Foodbank. This consisted of 1,040 single person parcels at £20 per/parcel and 1,560 family parcels at £30 per/parcel.
continued...
Page 11
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
|**2.**|**OTHER TRADING ACTIVITIES**|**OTHER TRADING ACTIVITIES**||||||
|---|---|---|---|---|---|---|---|
|||||||31.12.20|31.12.19|
|||Unrestricted||Restricted|Endowment|Total|Total|
||||funds|funds|funds|funds|funds|
||||£|£|£|£|£|
||Fundraising events||314|135|-|449|5,518|
|**3.**|**INVESTMENT INCOME**|||||||
|||||||31.12.20|31.12.19|
|||Unrestricted||Restricted|Endowment|Total|Total|
||||funds|funds|funds|funds|funds|
||||£|£|£|£|£|
||Interest received||322|886|-|1,208|1,688|
|**4.**|**INCOME FROM CHARITABLE ACTIVITIES**|||||||
|||||||31.12.20|31.12.19|
|||Activity||||£|£|
||Pilgrim|Parish|Activities|||71|1,021|
||Bookstall|Parish|Activities|||137|166|
||Toddlers|Parish|Activities|||294|563|
||Cafés receipts|Parish|Activities|||2,859|12,454|
||Lettings income|Parish|Activities|||36,465|72,771|
||Wedding & Funeral Fees|Parish|Activities|||1,448|2,651|
||St Mary's Market|Parish|Activities|||786|3,287|
||One-off fundraising events|Parish|Activities|||125|859|
|||||||42,185|93,772|
|**5.**|**CHARITABLE ACTIVITIES COSTS**|||||||
||||||Direct|Support||
||||||Costs|costs|Totals|
||||||£|£|£|
||Parish Activities||||363,267|20|363,287|
|**6.**|**TRUSTEES' REMUNERATION AND**||**BENEFITS**|||||
There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.
## **7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Parish Activities
Other trading activities
Investment income
**Total**|Unrestricted
funds
£
259,805
92,913
4,544
549
357,811|Restricted
funds
£
41,346
859
974
1,139
44,318|Endowment
funds
£
-
-
-
-
-|Total
funds
£
301,151
93,772
5,518
1,688|
|---|---|---|---|---|
|||||402,129|
## **EXPENDITURE ON**
continued...
Page 12
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
|**7.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
Endowment
funds
funds
funds
£
£
£
Raising funds
5,198
-
-
**Charitable activities**
Parish Activities
306,539
37,409
-
**Total**
311,737
37,409
-
Net gains on investments
1
3,668
-
**NET INCOME**
46,075
10,577
-
**Transfers between funds**
(2,270)
2,270
-
**Net movement in funds**
43,805
12,847
-
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
1,214,548
130,615
245
**TOTAL FUNDS CARRIED FORWARD**
1,258,353
143,462
245
**8.**
**TANGIBLE FIXED ASSETS**
**COST OR VALUATION**
At 1 January 2020
Revaluations
At 31 December 2020
**NET BOOK VALUE**
At 31 December 2020
At 31 December 2019
**9.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.12.20
£
Other debtors
34,990||Total
funds
£
5,198
343,948|
|---|---|---|
|||349,146
3,669|
|||56,652
-|
|||56,652
1,345,408|
|||1,402,060|
|||Freehold
property
£
1,039,206
127,044
1,166,250
1,166,250
1,039,206
31.12.19
£
33,405|
||||
||||
||||
||||
continued...
Page 13
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
|**10.**
**CURRENT ASSET INVESTMENTS**
Listed investments
**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 12)
Other creditors
**12.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
Overdrafts arise from overdrawn Funds - see note 13
All overdrawn funds clear in 2021.|31.12.20
£
26,122
31.12.20
£
7,961
47,999
55,960
31.12.20
£
7,961|31.12.19
£
23,796|31.12.19
£
23,796|
|---|---|---|---|
|||31.12.19
£
4,538
14,021
18,559
31.12.19
£
4,538||
|||||
continued...
Page 14
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
## **13. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General Funds
Buildings Capital
St Mary Magdalen Building Restoration
Emmanuel Large Gifts
Christ Church Fabric
Christ Church Tithe
Christ Church Hall Fabric
Christ Church Buildings Improvements
Christ Church Youth Worker
Christ Church Toddlers
St John the Divine Pastoral
St John the Divine Bursary
St John the Divine Small Wonders
St John the Divine Midweek Break
St John the Divine Flowers
St John the Divine Special Projects
St John the Divine Car Park
**Restricted funds**
Archer Hall
Emmanuel Church Maintenance Major Projects
Emmanuel Discretionary
Emmanuel Maintenance & Fabric
Christ Church Buildings Improvements
Christ Church Mission Link
Christ Church Tithe
Christ Church Flowers
Christ Church Youth Worker
Christ Church Grounds Maintenance
St Mary the Virgin Mission
St Mary the Virgin Maintenance
St Mary the Virgin Old School
St Mary the Virgin Lighting
Archer
Jones/Sheppard
Johnson Church
Johnson Tomb
Johnson Graves
Miles Grave
Dalton Grave
Ramsey Grave
St John the Divine Redevelopment
St John the Divine Altar Frontal
St John the Divine Charities
St John the Divine Foodbank
St John the Divine Youth Fund
St John the Divine Car Park
Friends of St Mary Magdalen
**Endowment funds**
Chapman
Fiske
**TOTAL FUNDS**|At 1.1.20
£
198,686
1,039,206
2,265
-
2,319
8,932
1,810
3,074
307
789
7
67
120
279
482
10
-
1,258,353
51,911
1,612
2,000
3,000
18,638
4,438
-
175
4,172
-
6,929
259
50
10,374
660
1,320
6,962
14,854
95
233
50
353
16,778
30
(2,765)
(177)
3,108
-
(1,597)
143,462
209
36
245
1,402,060|Net
movement
in funds
£
(5,223)
127,044
(2,265)
5,000
-
(4,242)
-
8,072
-
283
-
-
-
-
68
2,000
-
130,737
165
(1,112)
(999)
-
(1,947)
2,826
-
(14)
7,789
11,600
2,258
61
-
-
42
85
702
1,497
-
-
-
-
844
-
2,875
542
-
12,509
(6,364)
33,359
-
-
-
164,096|Transfers
between
funds
£
(10,108)
-
-
-
-
8,632
-
(876)
-
-
-
-
-
-
-
-
804
(1,548)
-
-
-
-
(225)
-
225
-
-
-
1,548
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,548
-
-
-
-|At
31.12.20
£
183,355
1,166,250
-
5,000
2,319
13,322
1,810
10,270
307
1,072
7
67
120
279
550
2,010
804
1,387,542
52,076
500
1,001
3,000
16,466
7,264
225
161
11,961
11,600
10,735
320
50
10,374
702
1,405
7,664
16,351
95
233
50
353
17,622
30
110
365
3,108
12,509
(7,961)
178,369
209
36
245
1,566,156|
|---|---|---|---|---|
Page 15
continued...
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
## **13. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General Funds
Buildings Capital
St Mary Magdalen Building Restoration
Emmanuel Large Gifts
Christ Church Tithe
Christ Church Buildings Improvements
Christ Church Toddlers
St John the Divine Flowers
St John the Divine Special Projects
**Restricted funds**
Archer Hall
Emmanuel Church Maintenance Major Projects
Emmanuel Discretionary
Christ Church Buildings Improvements
Christ Church Mission Link
Christ Church Flowers
Christ Church Youth Worker
Christ Church Grounds Maintenance
St Mary the Virgin Mission
St Mary the Virgin Maintenance
Archer
Jones/Sheppard
Johnson Church
Johnson Tomb
St John the Divine Redevelopment
St John the Divine Charities
St John the Divine Foodbank
St John the Divine Car Park
Friends of St Mary Magdalen
**TOTAL FUNDS**|Incoming
resources
£
256,166
1
775
5,000
(775)
8,759
294
68
2,000
272,288
165
500
-
2,253
5,288
170
7,789
12,500
2,258
61
-
-
210
450
844
2,122
79,007
12,509
1,190
127,316
399,604|Resources
expended
£
(261,389)
-
(3,040)
-
(3,467)
(687)
(11)
-
-
(268,594)
-
(1,612)
(999)
(4,200)
(2,462)
(184)
-
(900)
-
-
-
-
-
-
-
753
(78,465)
-
(7,554)
(95,623)
(364,217)|Gains and
Movement
losses
in funds
£
£
-
(5,223)
127,043
127,044
-
(2,265)
-
5,000
-
(4,242)
-
8,072
-
283
-
68
-
2,000
127,043
130,737
-
165
-
(1,112)
-
(999)
-
(1,947)
-
2,826
-
(14)
-
7,789
-
11,600
-
2,258
-
61
42
42
85
85
492
702
1,047
1,497
-
844
-
2,875
-
542
-
12,509
-
(6,364)
1,666
33,359
128,709
164,096|
|---|---|---|---|
Page 16
continued...
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
## **13. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|**Unrestricted funds**
General Funds
Buildings Capital
St Mary Magdalen Building Restoration
Christ Church Fabric
Christ Church Tithe
Christ Church Hall Fabric
Christ Church Buildings Improvements
Christ Church Youth Worker
Christ Church Toddlers
St John the Divine Pastoral
St John the Divine Bursary
St John the Divine Small Wonders
St John the Divine Midweek Break
St John the Divine Flowers
St John the Divine Special Projects
**Restricted funds**
Archer Hall
Emmanuel Church Maintenance Major Projects
Emmanuel Discretionary
Emmanuel Maintenance & Fabric
Christ Church Buildings Improvements
Christ Church Mission Link
Christ Church Tithe
Christ Church Flowers
Christ Church Youth Worker
St Mary the Virgin Mission
St Mary the Virgin Maintenance
St Mary the Virgin Old School
St Mary the Virgin Lighting
Archer
Jones/Sheppard
Johnson Church
Johnson Tomb
Johnson Graves
Miles Grave
Dalton Grave
Ramsey Grave
St John the Divine Redevelopment
St John the Divine Altar Frontal
St John the Divine Charities
St John the Divine Foodbank
St John the Divine Youth Fund
Friends of St Mary Magdalen
St Mary Magdalen Flat Roof
**Endowment funds**
Chapman
Fiske
**TOTAL FUNDS**|At 1.1.19
£
157,431
1,039,206
1,765
2,319
7,617
1,810
2,529
-
682
127
67
120
275
600
-
1,214,548
51,556
1,612
-
-
22,503
2,661
1,445
254
(2,025)
5,464
200
50
10,534
560
1,120
5,688
12,137
95
233
50
353
15,619
30
(1,037)
317
3,091
(4,895)
3,000
130,615
209
36
245
1,345,408|Net
movement
in funds
£
54,048
-
500
-
(9,260)
-
827
77
107
(120)
-
-
4
(118)
10
46,075
355
-
2,000
3,000
(3,603)
1,777
(945)
(79)
6,197
(860)
59
-
(160)
100
200
1,274
2,717
-
-
-
-
1,159
-
(1,728)
(701)
17
3,298
(3,500)
10,577
-
-
-
56,652|Transfers
between
funds
£
(12,793)
-
-
-
10,575
-
(282)
230
-
-
-
-
-
-
-
(2,270)
-
-
-
-
(262)
-
(500)
-
-
2,325
-
-
-
-
-
-
-
-
-
-
-
-
-
-
207
-
-
500
2,270
-
-
-
-|At
31.12.19
£
198,686
1,039,206
2,265
2,319
8,932
1,810
3,074
307
789
7
67
120
279
482
10
1,258,353
51,911
1,612
2,000
3,000
18,638
4,438
-
175
4,172
6,929
259
50
10,374
660
1,320
6,962
14,854
95
233
50
353
16,778
30
(2,765)
(177)
3,108
(1,597)
-
143,462
209
36
245
1,402,060|
|---|---|---|---|---|
continued...
Page 17
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
## **13. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General Funds
St Mary Magdalen Building Restoration
Christ Church Tithe
Christ Church Buildings Improvements
Christ Church Youth Worker
Christ Church Toddlers
St John the Divine Pastoral
St John the Divine Midweek Break
St John the Divine Flowers
St John the Divine Special Projects
**Restricted funds**
Archer Hall
Emmanuel Discretionary
Emmanuel Maintenance & Fabric
Christ Church Buildings Improvements
Christ Church Mission Link
Christ Church Tithe
Christ Church Flowers
Christ Church Youth Worker
St Mary the Virgin Mission
St Mary the Virgin Maintenance
St Mary the Virgin Lighting
Archer
Jones/Sheppard
Johnson Church
Johnson Tomb
St John the Divine Redevelopment
St John the Divine Charities
St John the Divine Foodbank
St John the Divine Youth Fund
Friends of St Mary Magdalen
St Mary Magdalen Flat Roof
**TOTAL FUNDS**|Incoming
resources
£
350,777
500
-
5,132
577
563
-
4
248
10
357,811
355
2,000
3,000
2,616
9,501
-
493
7,497
1,140
59
-
-
-
199
424
1,309
1,333
8,077
17
3,298
3,000
44,318
402,129|Resources
expended
£
(296,730)
-
(9,260)
(4,305)
(500)
(456)
(120)
-
(366)
-
(311,737)
-
-
-
(6,219)
(7,724)
(945)
(572)
(1,300)
(2,000)
-
(160)
-
-
-
-
(150)
(3,061)
(8,778)
-
-
(6,500)
(37,409)
(349,146)|Gains and
Movement
losses
in funds
£
£
1
54,048
-
500
-
(9,260)
-
827
-
77
-
107
-
(120)
-
4
-
(118)
-
10
1
46,075
-
355
-
2,000
-
3,000
-
(3,603)
-
1,777
-
(945)
-
(79)
-
6,197
-
(860)
-
59
-
(160)
100
100
200
200
1,075
1,274
2,293
2,717
-
1,159
-
(1,728)
-
(701)
-
17
-
3,298
-
(3,500)
3,668
10,577
3,669
56,652|
|---|---|---|---|
continued...
Page 18
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
## **13. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General Funds
Buildings Capital
St Mary Magdalen Building Restoration
Emmanuel Large Gifts
Christ Church Fabric
Christ Church Tithe
Christ Church Hall Fabric
Christ Church Buildings Improvements
Christ Church Youth Worker
Christ Church Toddlers
St John the Divine Pastoral
St John the Divine Bursary
St John the Divine Small Wonders
St John the Divine Midweek Break
St John the Divine Flowers
St John the Divine Special Projects
St John the Divine Car Park
**Restricted funds**
Archer Hall
Emmanuel Church Maintenance Major Projects
Emmanuel Discretionary
Emmanuel Maintenance & Fabric
Christ Church Buildings Improvements
Christ Church Mission Link
Christ Church Tithe
Christ Church Flowers
Christ Church Youth Worker
Christ Church Grounds Maintenance
St Mary the Virgin Mission
St Mary the Virgin Maintenance
St Mary the Virgin Old School
St Mary the Virgin Lighting
Archer
Jones/Sheppard
Johnson Church
Johnson Tomb
Johnson Graves
Miles Grave
Dalton Grave
Ramsey Grave
St John the Divine Redevelopment
St John the Divine Altar Frontal
St John the Divine Charities
St John the Divine Foodbank
St John the Divine Youth Fund
St John the Divine Car Park
Friends of St Mary Magdalen
St Mary Magdalen Flat Roof
**Endowment funds**
Chapman
Fiske|At 1.1.19
£
157,431
1,039,206
1,765
-
2,319
7,617
1,810
2,529
-
682
127
67
120
275
600
-
-
1,214,548
51,556
1,612
-
-
22,503
2,661
1,445
254
(2,025)
-
5,464
200
50
10,534
560
1,120
5,688
12,137
95
233
50
353
15,619
30
(1,037)
317
3,091
-
(4,895)
3,000
130,615
209
36|Net
movement
in funds
£
48,825
127,044
(1,765)
5,000
-
(13,502)
-
8,899
77
390
(120)
-
-
4
(50)
2,010
-
176,812
520
(1,112)
1,001
3,000
(5,550)
4,603
(945)
(93)
13,986
11,600
1,398
120
-
(160)
142
285
1,976
4,214
-
-
-
-
2,003
-
1,147
(159)
17
12,509
(3,066)
(3,500)
43,936
-
-|Transfers
between
funds
£
(22,901)
-
-
-
-
19,207
-
(1,158)
230
-
-
-
-
-
-
-
804
(3,818)
-
-
-
-
(487)
-
(275)
-
-
-
3,873
-
-
-
-
-
-
-
-
-
-
-
-
-
-
207
-
-
-
500
3,818
-
-|At
31.12.20
£
183,355
1,166,250
-
5,000
2,319
13,322
1,810
10,270
307
1,072
7
67
120
279
550
2,010
804
1,387,542
52,076
500
1,001
3,000
16,466
7,264
225
161
11,961
11,600
10,735
320
50
10,374
702
1,405
7,664
16,351
95
233
50
353
17,622
30
110
365
3,108
12,509
(7,961)
-
178,369
209
36|
|---|---|---|---|---|
continued...
Page 19
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
|**13.**
**MOVEMENT IN FUNDS - continued**
**TOTAL FUNDS**|245
1,345,408|-
220,748|-
-||
|---|---|---|---|---|
|||||245|
|||||1,566,156|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General Funds
Buildings Capital
St Mary Magdalen Building Restoration
Emmanuel Large Gifts
Christ Church Tithe
Christ Church Buildings Improvements
Christ Church Youth Worker
Christ Church Toddlers
St John the Divine Pastoral
St John the Divine Midweek Break
St John the Divine Flowers
St John the Divine Special Projects
**Restricted funds**
Archer Hall
Emmanuel Church Maintenance Major Projects
Emmanuel Discretionary
Emmanuel Maintenance & Fabric
Christ Church Buildings Improvements
Christ Church Mission Link
Christ Church Tithe
Christ Church Flowers
Christ Church Youth Worker
Christ Church Grounds Maintenance
St Mary the Virgin Mission
St Mary the Virgin Maintenance
St Mary the Virgin Lighting
Archer
Jones/Sheppard
Johnson Church
Johnson Tomb
St John the Divine Redevelopment
St John the Divine Charities
St John the Divine Foodbank
St John the Divine Youth Fund
St John the Divine Car Park
Friends of St Mary Magdalen
St Mary Magdalen Flat Roof
**TOTAL FUNDS**|Incoming
resources
£
606,943
1
1,275
5,000
(775)
13,891
577
857
-
4
316
2,010
630,099
520
500
2,000
3,000
4,869
14,789
-
663
15,286
12,500
3,398
120
-
-
-
409
874
2,153
3,455
87,084
17
12,509
4,488
3,000
171,634
801,733|Resources
expended
£
(558,119)
-
(3,040)
-
(12,727)
(4,992)
(500)
(467)
(120)
-
(366)
-
(580,331)
-
(1,612)
(999)
-
(10,419)
(10,186)
(945)
(756)
(1,300)
(900)
(2,000)
-
(160)
-
-
-
-
(150)
(2,308)
(87,243)
-
-
(7,554)
(6,500)
(133,032)
(713,363)|Gains and
Movement
losses
in funds
£
£
1
48,825
127,043
127,044
-
(1,765)
-
5,000
-
(13,502)
-
8,899
-
77
-
390
-
(120)
-
4
-
(50)
-
2,010
127,044
176,812
-
520
-
(1,112)
-
1,001
-
3,000
-
(5,550)
-
4,603
-
(945)
-
(93)
-
13,986
-
11,600
-
1,398
-
120
-
(160)
142
142
285
285
1,567
1,976
3,340
4,214
-
2,003
-
1,147
-
(159)
-
17
-
12,509
-
(3,066)
-
(3,500)
5,334
43,936
132,378
220,748|Gains and
Movement
losses
in funds
£
£
1
48,825
127,043
127,044
-
(1,765)
-
5,000
-
(13,502)
-
8,899
-
77
-
390
-
(120)
-
4
-
(50)
-
2,010
127,044
176,812
-
520
-
(1,112)
-
1,001
-
3,000
-
(5,550)
-
4,603
-
(945)
-
(93)
-
13,986
-
11,600
-
1,398
-
120
-
(160)
142
142
285
285
1,567
1,976
3,340
4,214
-
2,003
-
1,147
-
(159)
-
17
-
12,509
-
(3,066)
-
(3,500)
5,334
43,936
132,378
220,748|
|---|---|---|---|---|
|||||176,812
520
(1,112)
1,001
3,000
(5,550)
4,603
(945)
(93)
13,986
11,600
1,398
120
(160)
142
285
1,976
4,214
2,003
1,147
(159)
17
12,509
(3,066)
(3,500)|
|||||43,936|
|||||220,748|
## **Unrestricted**
General - This fund is an amalgamation of the General Funds maintained by each team church. It covers day to day income and expenses in connection with the running of each team church.
Buildings Capital - this fund covers the fixed assets of the team including Church Halls.
continued...
Page 20
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
## **13. MOVEMENT IN FUNDS - continued**
St Mary Magdalen Building Restoration - This fund is for the Building Restoration.
Christ Church Fabric - This fund is a reserve to cover major maintenance in the church.
Christ Church Tithe - This fund is designated from the donations received to give to other Charities and missions.
Christ Church Hall Fabric - This fund is a reserve to cover maintenance for the church hall.
Christ Church Buildings Improvements - This fund is to support major improvements to the church buildings.
Christ Church Youth Worker - This fund is used to pay for a Youth Worker and associated youth work costs. Christ Church Toddlers - This fund is to support Christ Church Toddlers work.
St John the Divine Pastoral - This fund is used to cover minor discretionary costs incurred e.g. "men of the road".
St John the Divine Bursary - This fund is used to purchase Books for the Church.
St John the Divine Small Wonders Fund - This fund is used to cover costs etc. of this venture.
St John the Divine Midweek Break - This fund is used to cover costs of this venture.
St John the Divine Flowers- This fund is used to cover the cost of Flowers in the church.
St John the Divine Car Park - This fund holds money designated for improving and maintaining the Car Park and Grounds.
St John the Divine Special Projects - This fund holds money designated for special projects.
Emmanuel Large Gifts - This fund holds money allocated by the DCC for use on substantial projects.
## **Restricted Funds**
Archer Hall Fund - this central Fund is capital which can be loaned out to Team Churches to support the costs of building works.
Emmanuel Church Maintenance Major Projects - This fund is available to support major maintenance church projects.
Christ Church Buildings Improvements - This fund is to support major improvements to the church buildings.
Christ Church Mission Link - This fund supports links to Christ Church mission partners.
Christ Church Tithe - This fund is designated from the Building Improvements fund donations to give to other building projects.
Christ Church Flowers - This fund is used to cover the provision of Flowers for the Church.
Christ Church Youth Worker - This fund is used to pay for a Youth Worker and associated youth work costs.
Christ Church Grounds Maintenance - This fund holds money given for the maintenance and improvement of the Christ Church grounds
Emmanuel Discretionary - This fund is to be spent at the discretion of Emmanuel's DCC
Emmanuel Maintenance & Fabric - This fund is to be spent on repairs or renewal of items within the fabric of Emmanuel Church and the Emmanuel Church Halls
St Mary the Virgin Mission - This fund is used to support Mission Work.
St Mary the Virgin Maintenance - This fund is used to support Church Maintenance work.
St Mary the Virgin Old School - This fund is used to support maintenance of this old property.
St Mary the Virgin Lighting - This fund is used to support this project.
continued...
Page 21
**BILLERICAY AND LITTLE BURSTEAD TEAM MINISTRY**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
## **13. MOVEMENT IN FUNDS - continued**
Archer, Jones/Sheppard, Johnson Church, Johnson Graves, Johnson Tomb, Dalton Grave, Miles Grave, Ramsey Grave - These funds are for the upkeep and maintenance of certain graves & tombs at St Mary the Virgin.
St John the Divine Redevelopment - This fund is used to support the development of the Church complex.
St John the Divine Altar Frontal - This fund is used to support costs.
St John the Divine Charities - This fund is used to support Charity work.
St John the Divine Food Bank - This fund deals with income and expenditure directly associated with the Billericay Emergency Food Bank, which is based at St. John's church.
St John the Divine Youth Fund - This fund is used to fund Youth Work.
St John the Divine Car Park - This fund holds money given for improving and maintaining the Car Park and Grounds.
Friends of St Mary Magdalen - This Fund uses donations in support of running costs for St Mary Magdalen Church.
St Mary Magdalen Flat Roof - This is for funds donated and grants awarded for the replacement of the flat roofs either side of the tower
## **Endowment Funds**
Chapman, Fiske - These endowments are for the upkeep and maintenance of certain graves & tombs at St Mary the Virgin.
## **14. RELATED PARTY DISCLOSURES**
Verity Butt, daughter of Andy and Sue Butt, is a ‘Youth with a Mission’ (YWAM) volunteer. In 2020 the Church gave Verity a gift from the Tithe Fund of £1,200 (2019: £1,200) towards her YWAM work.
Page 22