2020-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Mary Magdalene, Lillington, Leamington Spa

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Incoming Resources and	Resources Ex	pended
								Total	Funds
			Unrestricted & Designated Funds(F)	Restricted Funds (E)		Property investments	& (8)	2020 (6)	2019(6)
Incoming resources Donations & Legacies Charitable Activities Investments Trading Activities Other Total incoming resources			71,864.60 36,533.98 239.52 0.00 16,392.48 125,030.58		1,355.56 0.00 1,063.44 0.00 5,564.55 7,983.55			73,220.16 36,533.98 1,302.96 0.00 21 95703 133,014.13	64,054.71 46,260.89 29,692.29 140,007.89
Resources used Charitable Activities Raising Funds Other Activities Support Total resources used			115,309,70 0.00 0.00 0.00 115,309.70		2,221.20 0.00 14,648.35 0.00 16,869.55			117,530.90 0.00 14,648.35 0.00 132179.25	111,525.27 0.00 37,884.78 0.00 149,410.05
Net incoming I Outgoing Resources (before Fund transfers in Fund transfers out		transf	9,720.88 60.00 1,011.01		-8,886.00 1,011.01 60.00			834.88 1,071.01 1,071.01	-9,402.16
Net incoming Ioutgoing Resources (before Investment gains (or losses)		gains/I	8,769.87 0.00		-7,934.99 5,566.76			834.88 5,566.76	-9,402.16 12,714.12
Net incoming Ioutgoing resources (before Asset R Asset Revaluation			8,769.87 0.00		-2,368.23 0.00	23,635.00		6,401.64 23,635.00	3,311.96 7,204.00
Net Movement of Funds			8,769.87		-2,368.23	23,635.00		30,036.64	10,515.96
Balances brought forward at	1 Jan 2020		38,552.05		32,957.86	450,869.09		522,379.00	511,863.04
Balances carried forward	at 31 December 202		47,321.92		30,589.63	474,504.09		552,415.64	522,379.00
Balance Sheet								2020 (6)	2019(5)
Current Assets Cash Accounts Receivable								58,'I07.94 16,673.71	64,561.67 6,219.51
Prepayments Total Current Assets								160.47 74,942.12	3,627.61 74,408.79
Non-Current Assets Fixed Assets investments Total Non-Current Assets								393,888.00 86,182.85 480,070.85	370,253.00 80,616.09 450,869.09
Current Liabilities Accounts Payable Deferred Income								2,597.33 0.00 552415.64	2,898.88 0.00 522,379.00
Financial Stateme prepared	by Sam Meacock, Treasurer to the Parochial			Church Council.
Signed
Financial Statement roved	by the Parochial	Church	Council and signed	on	its behalf by:
Signed				Chairman
Independent Examiner's Report. This Financial Statement has been prepared from the information extracted accordance t rewith. The Diocesan Trustees have certified details					from the records kept by the PCC Treasurer, and I certify that it is in of the secudties registered in the name ofthe Official T ustees,
Signed				RS yw i~i				D te

Income Statement
				2020	2020		2020	2019
Income				Unrestricted Funds (F)	Restricted (F-)	Funds	Total (F)	Total (F.)
Planned Giving
Planned Giving schemes				64,333.10			64,333.10	50,453.00
Unplanned Giving
One off donations				2,705.63	3,795.99		6,501.62	8,822.64
Collections ofcash at services				4,080.82			4,080.82	4,779.07
Tax recovery Tax recovered on general		donations		15,117.96	495.75		15,613.71	15,569.96
Activities for generating	funds.
Crosstalk sales				327.94			327.94	420.15
Fund raising				414.71			414.71	4,395.15
Octagon lettings				1,944.00			1,944.00	5,381.50
Weddings and Funerals Wedding and funeral fees				7,262.00			7,262.00	12,512.50
Donations for charities and church funds
Charities				0.00			0.00	2,349.80
Specific church funds (inc.		GA tax)		745.05			745.05	2,257.43
Miscellaneous income				532.37			532.37	3,374.40
Other Income resources
Grants				16,392.48	1,250.00		17,642.48	3,427.73
Legacies				0.00			0.00	13,615.16
Income from investments				239.52	2,441.81		2,681.33	1,849.40
34 Lime Avenue rent				10,935.00			10,935.00	10,800.00
Totals				125,030.58	7,983.55		133,014.13	140,007.89
				2020	2020		2020	2019
Expenditure				Unrestricted Funds (F)	Restricted (&)	Funds	Total (F)	Total (E)
Fixed Expenditure
Parish Share				62,000.00			62,000.00	63,240,00
Administrator Salary				14,686.68			14,686.68	8832.96
Organist 8 Choir				2,593.56			2,593.56	3,122.73
Church and churchyard
Church Buildings - utilities		8 insurance		8,498.56			8,498.56	1 "I,508.44
Church Buildings - repairs		& maintenance		5,007.93			5,007.93	2,198.71
Churchyard upkeep				0.00			0.00	0.00
Ministry Youth and Children's Work				210.46			210.46	158.33
Clergy expenses Church service support Church service support				2,049.92 6,136.38			2,049.92 6,136.38	2,206.24 0.00 5,758.25
Fund generating expense Fund raising costs				23.33			23.33	1,017.81
Weddings and Funerals
Wedding and Funeral expenses				3,733.00			3,733.00	6,727.00
Charities
Payments to charities				4,708.48	2,364.68		7,073.16	6,754.80
Other expenditure
Miscellaneous expense				333.05			333.05	13,657.83
Love Lillington Expenditure					4,150.88		4,150.88
34 Lime Avenue expense Specific church funds expenses			(unrestricted)	3,597.04 1,731 31			3,597.04 1,731 31	1,077.61 14,905.05
S ecific church funds ex	enses		ma or ex enses		10,353.99		10,353.99	8,244.29
Totals				115,309.70	16,869.55		132,179.25	149,410.05
Income less expenditure				9,720.88	-8,886.00		834.88	-9,402.16

investments. Legacies 8 bequests Coventry Diocesan Trustees	investments. Legacies 8 bequests Coventry Diocesan Trustees	investments. Legacies 8 bequests Coventry Diocesan Trustees	administered	administered	by the	Original investment value	Original investment value	Market value at 1	Market at 31	bid value Dec 2020	Dividend paid to appropriate Fund	Dividend HSBC	paid to current
						(6)		Jan 2020 (f)		(8)	F-)	account (F)
HC Burt bequest,	Bell Rope Fund						225.00	5,412.66		5,786.42	162.41
EC Burt legacy, Church Fabric						10,975,48		45,175.61		48,295.11	1355.56
Hornsby bequest, Hippisley bequest,	Upkeep of graves and Churchyard Churchyard maintenance					2,506.07 250.00		24,194.39 5,833,43		25,665.08 6,236,24			725.99 175.04
Total value of investments						13,956.55		80,616.09	86,182.85		1,517.97		901.03
These four investments are in CBFChurch of England				investment		income shares.
											2020 (E)	2019(E)
Debtors
Tax recoverable on Gift Aid		donations									15,613,71		6,219.51
Campion School Rental Income invioced			but not received								72.00		0.00
Funeral fees income invoiced but not received											988.00		0.00
34 Lime Avenue insurance		prepaid (252	days)								160,47		150.26
Total											16,834.18	6,369.77
Liabilities
BT Bill											232.65		0.00
Gas consumption											0.00		473.69
Audio visual system											0.00		2623.22
Residue of 2020 net income due to M&P			Charity								2,341.87		0
Transfer ofresidue	of2020	net income due to Cumberland			Charity						22.81		0
Total											2&597.33	3,097.11
Details ofIIajor Expenditure
Patio at 34 Lime Avenue											2,684.00
Vicarage Frontage	Ground	Clearance									1,440.00
Removal ofAsbestos Pipe		Insulation									6,676.80
Bell Rope Costs											996.00
Clearing Trees											1,332.00
Total											13,128.60	34,229.38
Fabric Fund (restricted)
Balance brought	forward	1 Jan 2020									9,445.03		8,234.39
Total income											4475.06		1,570.64
Total expenses											-6676.6		-360.00
Balance carried	forward	31 Dec 2020									7,243.29	9,445.03
Organ Fund (restricted) Balance brought forward		1 Jan 2020									3,268.24		3,677.93
Total income											0		2,040.31
Total expenses											-1225.2	-2,450.00
Balance carried	forward	31 Dec 2020									2043.04	3,268.24
Bell Rope Fund	(restricted)
Balance brought	forward	1 Jan 2020									6,046.89		5,844.65
Total income											536.17		202.24
Total expenses											-996		0.00
Balance carried	forward 31 Dec 2020										5587.06	6,046.89
CW fund (designated) Balance brought forward		1 Jan 2020									3,900.32		0.00
Total income											0	12,974.44
Total expenses											-1731.31	-9,074.12
Balance carried	forward	31 Dec 2020									2,169.01	3,900.32
Beryl Redwood Balance brought	fund (designated) forward 1 Jan 2020										21,607.45		0.00
Total income											0	24,815.16
Total expenses											0	-3,207.71
Balance carried	forward	31 Dec 2020									21,607.45	21,607.45

Choristers fund Balance brought Total income	(restricted) forward 1 Jan 2020	(restricted) forward 1 Jan 2020	21.73 0 2020 (K	401.87 11.92 2019 K)
Total expenses			0	-392.06
Balance carried	forward	31 Dec 2020	21.73	21.73
Youth Work Fund (designated) Balance brought forward 1 Jan 2020 Total income			243.76 0
Total expenses			0
Balance carried	forward	31 Dec 2020	243.76	243.76
Churchyard Fund (Honsby Bequest) (restricted) Balance brought forward 1 Jan 2020 Total income			923.57 2571.72
Total expenses			-1455.99
Balance carried	forward	31 Dec 2020	2039.3	923.57
f10,000 Grant Fund Balance brought forward Total income		1 Jan 2020	0.00 10,000.00
Total expenses			-1,000.00
Balance carried	forward	31 Dec 2020	9,000.00	0.00
COVD Emergency Response Fund Balance brought forward 1 Jan 2020 Total income			0,00 745.05
Total expenses			-333.05
Balance carried	forward	31 Dec 2020	412.00	0.00

To be presented to the Trustees.
MWT Cumberland Charity			Maintenance				ofgraves
44 COIFshares
Bid market value at 1 January 2020 Bid market value at 31 December 2020										743.19 790.93
Balance brought forward at 1 January 2020 Balance carried forward at 31 December 2020										0.00 0.00
Cunningham Charity			Church			and	churchyard	maintenance
91COIFshares Bid market value at 1 January 2020 Bid market value at 31 December 2020										1,537.04 1,635.79
HSBC Cunningham AIC Balance brought forward at 1 January 2020										275.98
Add
Interest received on HSBC Cunningham Income received from COIF investments	bank account									0.29 47.18
Balance carried forward at 31 December 2020										323.45
Machen and Pershouse Charity			For		the	sick	and poor of Lillington		and Blackdown
424.8 COIFshares
Bid market value at 1 January 2020 Bid market value at 31 December 2020										7,175.13 7,636.07
HSBC Machen and Pershouse A/C
Balance brought forward at 1 January 2020										1,168.44
Add
Income from Lillington PCC Love Lillington Income received from COIF investments		Fund lreceived			in 2021)					2,341.87 220.26
Interest received on HSBC M&P bank account										1.20
Balance carried forward at 31 December 2020										3,731.77
Independent, Examiner's Report.
These accounts have been prepared from	the information			extracted			from the records
kept by the PGC Treasurer and I certify that they			are in accordance				therewith.
Signed. ..			.... R	Saywell		Date...~ ..4 ...~...f......

1.Reference and administ	1.Reference and administ	rative inf	ormation	ormation
1.1.The Parochial Church		Council of	the Ecclesiastical Parish of		St Mary Magdalene,		Lillington,
Leamington Spa 1.2.St Mary Magdalene Church, Vicarage Road, Lillington, Leamington Spa, CV32 7RH 1.3.The Parish Office, Vicarage Road, Lillington, Leamington Spa, CV32 7RH 1.4.Trustees of the charity (members ofthe Parochial Church Council):
Mrs	Hazel	Baker
Cllr	Sarah	Boad		Diocesan Synod	rep
Mrs	Christine	Butler		Deanery Synod	rep
Mr	John	Butler
Mr	Laurence	Cooke		PCC Secretary
Mr	Graham	Cooper
Mrs Revd	Rachel Susan	Duff Fairhurst		Deanery Synod rep Associate Minister —Ex officio
Mr	Mare	Gadsby
Mrs Mrs	Eleanor Carol	Hucklesby Innes		Churchwarden	8 Vice	Chairman
Mr	Robin	Innes
Mr Revd.	Samuel Rosemary	Meacock Pantling		PCC Treasurer Associate Minister —Ex officio
Mrs	Patricia	Poulson
Mrs Revd.	Maureen William	Reynolds Smith		Churchwarden Vicar 8 PCC Chairman
Cllr	Amanda	Stevens
Dr	Diana	Taulbut