2020-12-31-accounts

Page	1	Independent Examiners Report
Page	2-3	Trustees Annual Report
Page	4	Statementof Financial Activities
Page	5	Balance Sheet
Page	6- 11	Notes to the Financial Statements

		Unrestricted	Restricted	TOTAL FUNDS	TOTAL FUNDS
		Funds	Funds	2020	2019
		£	£	£	£
	Note
INCOMING RESOURCES
Incoming resources from donors	2a	$1,221	0	§1,221	56,643
Other voluntary incoming resources	2b	7,607	0	7,607	22,452
Incomefrom fees and trading	2c	21,097	0	21,097	31,433
Other ordinary incoming resources	2d	7,644	0	7,644	1,277
Income from investments	2e	0	72	72	108
Norton Parish Church Hall	2f	0	18,972	18,972	15,991
TOTAL INCOMING RESOURCES		87,569	19,044	106,612	127,903
RESOURCES USED
Grants to charities and mission	3a	688	0	688	1,831
Routine work of St Mary’s Church	3b	54,394	6,770	61,164	74,540
Fees and trading expenditure	3b	8,491	0	8,491	14,810
Sundry	3b	118	0	118	805
Depreciation of fixed assets	3b	1,924	3,960	5,884	5,884
St Mary's Church administration	3c	16,370	0	16,370	17,733
Parish Groups	3d	0	0	0	0
Norton Parish Church Hall	3e	0	18,162	18,162	10,517
TOTAL RESOURCES USED		81,984	28,892.	110,877	126,120
NET INCOMING(OUTGOING) RESOURCES		5,584	(9,849)	(4,265)	1,783
Transfers		Oo	0	0	Oo
NET MOVEMENTIN FUNDS		5584	(9,849)	(4,265)	1,783
BALANCES BROUGHT FORWARDAT
1ST JANUARY 2020		23,446	447,609	446,017	444,234
BALANCES CARRIED FORWARDAT
31ST DECEMBER 2020		29,030	437,760	441,753	446,017

	Note	2020		2019	2019
		£	£	F	£
FIXED ASSETS
Tangible Fixed Assets	4a		374,732		380,616
CURRENT ASSETS
Debtors Short Term Deposits		4,342 16,948		5,625 16,877
Cash at Bank and in Hand		20,573		19,206
Parish Hall operation		20,654		19,844
		62,518		61,552
LIABILITIES
Creditors: amounts falling due		(10,392)		(11,046)
within one year
NET CURRENT ASSETS			52,126		50,506
NET ASSETS			426,858		431,122
REPRESENTED BY FUNDS	5,10
Unrestricted		47,165		41,581
Restricted		43,091		48,980
Restricted(Property)		336,602		340,561
			426,858		431,122

2	INCOMING RESOURCES
		Unrestricted	Restricted	TOTAL	FUNDS
		Funds	Funds	2020	2019
		£	£	£	£
2a	Incoming resources from donors
	Planned Giving	25,868	0	25,868	30,741
	Income Tax recovered	7,193	0	7,193	9,768
	Collections & plate at all services	3,523	0	3,523	11,141
	Youth Work Income	0	0	0	2,799
	Donations	14,637	0	14,637	2,193
		51,221	0	51,221	56,643
2b	Other voluntary incoming resources
	Legacies	6,000	0	6,000	15,000
	Fundraising for St Mary's	919	0	919	5,620
	SumUP	0	0	0	0
	Dedicated plate	688	0	688	1,832
		7,607	0	7,607	22,452
2c	Incomefrom fees and trading
	Fees	21,047	0	21,047	31,433
	Kidz Club subs	50	0	50	0
		21,097	0	21,097	31,433
2d	Other ordinary incoming resources
	Forge Rent	38	0	38	100
	Sundry Income	2,313	0	2,313	3,089
	HMRC CJRS	5,294	0	5,294	0
	Net cost ofInitiatives	0	0	0	-1,913
		7,644	0	7,644	1,277
2e	Incomefrom investments
	Dividends and interest	0	72	72	108
		0	72	72	108
	Norton Parish Church Hall	0	18,972	18,972	15,991
	TOTAL INCOMING RESOURCES	87,569	19,044	106,612	127,903

		Unrestricted	Restricted	TOTAL	FUNDS
		Funds	Funds	2020	2019
		£	£	£	£
3a	Grants to charities and mission
	Donations from dedicated plate/charity appeals	688	0	688	1,831
		688	0	688	1,831
3b	Routine work of St Mary's Church
	Ministry - Parish share	43,339	0	43,339	40,600
	-Clergy working expenses	110	0	110	2,621
	-Clergy housing	405	0	405	494
	-Mission Materials	1,111	0	1,111	1,652
	St Mary's running costs	4,927	5,087	10,014	8,243
	Church repairs & maintenance	346	1,683	2,029	7,170
	Cost of worship/services	272	0	272	2,474
	Fees	8,491	0	8,491	14,810
	Education & Training	0	0	0	160
	Youth Worker	2,354	0	2,354	7,848
	Youth Workactivities	509	0	509	2,863
	Forge running costs	1,020	0	1,020	415
	Sundry & hospitality	118	0	118	805
	Depreciation-Forge & Parish Hall	1,924	3,960	5,884	5,884
		64,927	10,730	75,657	96,039
3c	St Mary's Church administration
	Parish administrator (less furlough)	11,138	0	11,138	11,424
	Copying and general admin	3,612	0	3,612	4,468
	Fees andlicences	600	0	600	821
	Independent examiner's fees	1,020	0	1,020	1,020
		16,370	0	16,370	17,733
3d	Norton Parish Church Hall	0	18,162	18,162	10,517
	TOTAL RESOURCES USED	81,984	28,892	110,877	126,120

4	FIXED ASSETS FOR USE BY THE PCC
		Freehold land	Fixtures &
4a	Tangible Fixed Assets	and buildings	Fittings	TOTAL
		£	£	£
	Valuation as at 1st January 2020	374,003	6,613	380,616
	Additions during the year	0	0	0
	Depreciation - charge for the year	§,553	331	5,884
	Net Book Value at 31st December 2020	368,450 6,282 374,732 ee

	Unrestricted	Restricted	TOTAL FUNDS	TOTAL FUNDS
	Funds	Funds	2020	2019
	£	£	£	£
Fixed Assets	6,282	336,602	342,884	347,174
Current Assets	51,275	43,091	94,366	94,993
CurrentLiabilities	(10,392)	0	(10,392)	(11,046)
	47,165	379,693	426,858	431,121

6	DEBTORS AND PREPAYMENTS	2020	2019
		£	£
	Grant Claim - VAT	245	110
	Donations	0	S00
	Prepaymentof church security	606	143
	Fundraising	0	190
	Music Licence	263	248
	Parish Hall	301	1,197
	Furlough funds	657	0
	Income Tax recovered on Gift Aided giving	989	1,742
	Accrued Income	1,282	1,495
		4,342	3,625
7	LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2020	2019
		£	£
	Forge Heating	29	41
	Clergy Expenses	0	250
	Youth activities	0	94
	Clergy Housing	158	200
	Dedicated plate	143	457
	Costof fees	109	0
	PAYE/NIC	72	150
	Church gas, electricity and telephone	908	197
	Amounts owed to Diocese	5,981	0
	Church Repairs	0	6,162
	Photocopier	30	115
	Independent Examiner	1,020	1,020
	Mission Materials	0	764
	Grants	437	1,597
	Fees prepaid for following year	1,505	0
		10,392	11,046

10a	Unrestricted Funds			Balance	Balance
	Name of Fund	Type	Object of Fund	at 31.12.20	at 31.12.19
				£	£
	Trust 258/6 Norton(PCC)	U_	Church purposes	305	305
	General Purposes Fund	U	Cash flow management	39,811	34,227
	Choir Fund	Des	Choir and music in church	$77	577
	Harvest £10 Challenge	Des	Presentational equipment	3,449	3,449
	Fellowship Fund	Des	Social events/hospitality	0	0
	Magazine Fund	Des	Magazine support	3,023	3,023
				47,165	41,581
10b	Restricted Funds			Balance	Balance
	Name of Fund	Type	Object of Fund	at 31.12.20	at 31.12.19
				£	£
	Newby Bequest	R_	Churchrepairs/improvement	16,844	21,860
	Trust 258/1(changed from endowment)	R_	Chancel Maintenance	799	799
	Trust 258/3 John Thompson	R_	Church Maintenance	328	2,011
	Trust 258/7(changed from endowment)	R_	Churchyard Maintenance	2,065	2,065
	Church Organ Maintenance and Repair	R_	Church Organ Upkeep	2,401	2,401
	Parish ChurchHall		Accumulated funds	20,654	19,844
				43,091	48,980
	Freehold Property		Bookvalue	336,602	340,561
				379,693 389,541 ee
	TOTAL OVERALL FUNDS			426,858	431,122