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|||Page|
|---|---|---|
|Reference and Administrative
Detaihr||1-2|
|Trustees'
Report||3-9|
|Independent
Examiner's|Report||
|Statement of Financial|Activities||
|Statement of Financial|Position|12|
|Notes to the Financial Statements||13-22|
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|PRINCIPAL ADDRESS|PRINCIPAL ADDRESS|1 St Chad's Terrace|1 St Chad's Terrace|
|---|---|---|---|
|||Shrewsbury||
|||Shropshire||
|||SY1 1JX||
|REGISTERED|CHARITY|1132443||
|NUMBER||||
|INDEPENDENT|EXAMINER|TCA (Shrewsbury)|LLP|
|||Third Floor||
|||21 St Mary's Street||
|||Shrewsbury||
|||Shropshire||
|||SY1 1ED||
|BANKERS||Lloyds Bank PLC||
|||1 Pride
Hill||
|||Shrewsbury||
|||Shropshire||
|||SY1 1DG||
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||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|Total|Total|
|||||fund|funds|fund|funds|funds|
||||Notes|5|5||f|6|
|INCOME AND|||||||||
|ENDOWMENTS
FROM|||||||||
|Donations
and legacies|||2|123,309|||123,309|122,473|
|Church activities|||5|3,334|||3,334|21,240|
|Income from activities for|||||||||
|generating
funds|||3|42,119|||42,119|67,350|
|Investment
income|||4|20,185|||20,185|19,031|
|Total||||188,947|||188,947|230,094|
|EXPENDITURE ON|||||||||
|Activities for generating||funds|6|29,639|||29,639|34,999|
|Church activities|||||||||
|General||||169,417||4,000|173,417|229,518|
|Total||||199,056||4,000|203,056|264,517|
|NET|||||||||
|INCOME/(EXPENDITURE)||||(10,109)||(4,000)|(14,109)|(34,423)|
|RECONCILIATION|OF||||||||
|FUNDS|||||||||
|Total funds brought|||||||||
|forward||||446,720||184,000|630,720|665,143|
|TOTAL FUNDS CARRIED|||||||||
|FORWARD||||436,611|-|180,000|616611|630,720|
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|THE PAROCHIAL
CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF STCHAD WITH
STMARY SHREWSBURY|THE PAROCHIAL
CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF STCHAD WITH
STMARY SHREWSBURY|||
|---|---|---|---|
|STATEMENT OF FINANCIAL POSITION||||
||31 DECEMBER 2020|||
|||2020|2019|
||Notes|8|6|
|FIXEDASSETS||||
|Tangible assets|12|585,000|598,000|
|CURRENT ASSETS||||
|Stocks|13|3,000|3,000|
|Debtors|14|15,601|20,183|
|Cash at bank||51,832|77,400|
|||70,433|100,583|
|CREDITORS||||
|Amounts
falling due within one year|15|(28,182)|(52,272)|
|NET CURRENT ASSETS||42,251|48,311|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||627,251|646,311|
|CREDITORS||||
|Amounts
falling due after more than one year 16||(10,640)|(15,591)|
|NET ASSETS||616,611|630,720|
|FUNDS|18|||
|Unrestricted
funds||436,611|446,720|
|Endowment
funds||180,000|184,000|
|TOTAL FUNDS||616„611|630„72D|
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|DONATIO|NS
AND LEGA|CIES|||||
|---|---|---|---|---|---|---|
||||||2020|2019|
|||Unrestncted|Restricted|Endowment|Total|Total|
|||funds|funds|funds|funds|funds|
|||E|F|F|E|F|
|Collections and|||||||
|donations||12,212|||12,212|39,620|
|Income tax recoverable|||||||
|on gift aid||14,939|||14,939|18,977|
|Legacies||27,000|||27,000|12,000|
|Grants||12,941|||12,941||
|Christian|Stewardship|56,217|||56,217|51,876|
|||123,309|||123,309|122,473|
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||Unrestricted||Restricted|Endowment|Total|Total|
||||funds|funds
f|funds
f|funds
f|funds|
|Car park income|||39,518|||39,518|49,259|
|Concert income|||2,601|||2,601|15,776|
|Christmas
tree festival|||||||2,315|
||||42 119|||42 119|67,350|
|INVESTMENT INCOME||||||||
|||||||2020|2019|
|||Unrestricted||Restricted|Endowment|Total|Total|
||||funds
f|funds
f|funds
f.|funds
f|funds
F|
|Rents|received||20,129|||20,129|18,800|
|Bank interest|||56|||56|231|
||||20 185|||20,185|19031|
|INCOME FROM CHURCH||ACTIVITIES (unrestricted)||||||
|||||||2020
f|2019
f|
|Parish|hall hire and refreshment||sales|||798|5,669|
|Fees||||||1,017|3,140|
|Church|hire|||||375|9,124|
|Other||||||1,144|3307|
|||||||3,334|21,240|
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|Costs ofraising d|onations|and le|gacie|s||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||Unrestricted||Restricted|Endowment|Total|Total|
|||funds||funds|funds|funds|funds|
|||6||6|F|6|f|
|Staff costs||28,|150|||28,150|25,614|
|Concert expenses|||901|||901|7,500|
|Chnstmas
tree festival|||588|||588|1,885|
|||29,639||||29,639|34999|
|CHARITABLE ACTIVITIES||COSTS||||||
||||||||Direct|
||||||||Costs (see|
||||||||note 8)|
||||||||6|
|General|||||||173417|
|DIRECT COSTS OF CHARITABLE|||ACTIVITIES|||||
|||||||2020|2019|
|||||||6|6|
|Wages and salaries||||||45,305|42,858|
|Cost ofchurch services||||||835|2,956|
|Music and choir costs||||||2,345|4,922|
|Organists fees||||||626|3,400|
|Choir artists fees||||||180|365|
|Property
rental costs||||||144|144|
|Insurance||||||9,450|9,210|
|Gas, electricity and|water|||||13,795|16,504|
|Office, phone &computer costs||||||5,031|5,015|
|Photocopier costs,|printing,|publicity|and|advertising|||257|
|Pansh share||||||62,874|75,533|
|Clergy expenses
Repairs and premises costs
Other professional
fees||||||(309)
14,862
2,220|11,292
35,920
2,410|
|Other expenses||||||382|2,625|
|Other parish expenses||||||1,814|1,809|
|Depreciation||||||13,000|13,000|
|Interest payable and similar||charges||||863|1,298|
|||||||173417|229 518|
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|COMPAR|ATIVES FOR|THE ST|ATEMENT|OF FINANCIAL|ACTIVITIES|||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restncted|Endowment|Total|
|||||fund|funds|fund|funds|
|||||E|F|F|6|
|INCOME|AND ENDOWMENTS||FROM|||||
|Donations|and legacies|||122,473|||122,473|
|Church actiwties||||21,240|||21,240|
|Income from activities for generating||||||||
|funds||||67,350|||67,350|
|Investment|income|||19,031|||19031|
|Total||||230,094|||230,094|
|EXPENDITURE ON||||||||
|Activities|for generating|funds||34,999|||34,999|
|Church activities||||||||
|General||||225,518||4,000|229,51|
|Total||||260,517||4,000|264,517|
|NET INCOME/(EXPENDITURE)||||(30,423)||(4,000)|(34,423)|
##
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|11.|COMPARATIVES F|O|R THE STATEMENT|OF FINANCIAL|ACTIVITIES -|continued||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|Total|
|||||fund|funds|fund|funds|
|||||F|E|F|F|
||RECONCILIATION|OF FUNDS||||||
||Total funds brought||forward|477,143||188,000|665,143|
||TOTAL FUNDS CARRIED FORWARD|||446 720|-|184,000|630,720|
|12.|TANGIBLE FIXEDASSETS|||||||
||||||||Freehold|
||||||||property|
||||||||F|
||COST|||||||
||At 1 January 2020 and|||||||
||31 December 2020||||||650,000|
||DEPRECIATION|||||||
||At 1 January 2020||||||52,000|
||Charge for year||||||13,000|
||At 31 December 2020||||||65,000|
||NET BOOK VALUE|||||||
||At 31 December 2020||||||585 000|
||At 31 December 2019||||||598,000|
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|13.|STOCKS|||||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||||||E|F|
||Stocks|||||3,000|3000|
|14.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
|||||||2020|2019|
|||||||F|f|
||Other debtors|||||15,601|20 183|
|15.|CREDITORS:|AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
|||||||2020
f|2019|
||Taxation and social security||||||2,059|
||Other creditors|||||28 182|50213|
|||||||28,182|52 272|
||Included
within|other creditors|||is a Diocesan|loan off4,890(2019:E4,890) - see further|detail below.|
|16.|CREDITORS:|AMOUNTS||FALLING DUE AFTER MORE THAN ONE YEAR||||
|||||||2020|2019|
||Other creditors|||||10,640|15,591|
##
|ANALY|SIS OF NET AS|SETS BETWEEN|FUNDS||||
|---|---|---|---|---|---|---|
||||||2020|2019|
|||Unrestncted|Restricted|Endowment|Total|Total|
|||fund
6|funds
F|fundf|funds
f|funds|
|Fixed assets||405,000||180,000|585,000|598,000|
|Current|assets|70,433|||70,433|100,583|
|Current|liabilities|(28,182)|||(28,182)|(52,272)|
|Long term liabilities||~10640)|||~10640)|~15,591)|
|||436,611||180,000|616,611|630,720|
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|MOVE|MENT|IN FUNDS|||||||
|---|---|---|---|---|---|---|---|---|
||||||||Net||
||||||||movement|At|
|||||||At 1.1.20|in funds|31.12.20|
|||||||6|E|f|
|Unrestricted||funds|||||||
|General|fund|||||446,720|(10,109)|436,611|
|Endowment||funda|||||||
|Parish|Hall|||||184,000|(4,000)|180,000|
|TOTAL|FUNDS||||||||
|Net movement||in funds,|included||in the above are as follows:||||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
|||||||6|E||
|Unrestricted||funds|||||||
|General|fund|||||188,947|(199,056)|(10,109)|
|Endowment||funda|||||||
|Parish|Hall||||||(4,000)|(4,000)|
|TOTAL|FUNDS|||||188947|~203,056)|~14 109)|
|Comparativea||for movement||in|funds||||
||||||||Net||
||||||||movement|At|
|||||||At 1 1.19|in funds|31.12.19|
|||||||8|5|F|
|Unrestricted||funds|||||||
|General|fund|||||477,143|(30,423)|446,720|
|Endowment||funds|||||||
|Parish
Hall||||||188,000|(4,000)|184,000|
|TOTAL|FUNDS|||||665,143|~34423)|630720|
##
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|Compar|ative|net movement
in funds,
inc|luded
in the above are as follows|:||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources
f|expended
f|in funds|
|Unrestricted||funds||||
|General|fund||230,094|(260,517)|(30,423)|
|Endowment||funds||||
|Parish|Hall|||(4,000)|(4,000)|
|TOTAL|FUNDS||230,094|~264,517)|~34423)|
|A curren|t yea|r 12 months
and prior year|12 months
combined
position
is|as follows||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1 1.19
f|in funds
f|31.12.20
f|
|Unrestricted||funds||||
|General|fund||477,143|(40,532)|436,611|
|Endowment||funds||||
|Pansh|Hall||188,000|(8,000)|180,000|
|TOTAL|FUNDS||665 143|~48,532)|616611|
|above|are as|
follows:||,
||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources
F|expended
f|in funds
F|
|Unrestricted||funds||||
|General|fund||419,041|(459,573)|(40,532)|
|Endowment||funds||||
|Parish|Hall|||(8,000)|(8,000)|
|TOTAL|FUNDS||419041|~467 573)|~48 532)|
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