| UNRESTRICTED | OEMGNATEO | RESTRICTED | TOTAL | TOTAL | ||
|---|---|---|---|---|---|---|
| Nots | FUNOB 6 |
FUNDB 5 |
FUNDS 6 |
2020 8 |
2019f | |
| INCOME AND ENDOWMENTB | ||||||
| Vo/untwy Income Other Vohntery Incom/ng~ |
36,14920 | 2,219.91 | 38,36Q.II 5,984.94 |
48,301.81 6,473.99 |
||
| AcBvMrm ror Ge ereBrg Fur ds | 7,634.98 | |||||
| income from Qrveatments | 1,074.88 | 1,074.98 | 1,292//I | |||
| Ctsech AcBvMes | 79,647.73 | 79,647.73 | 103,741.71 | |||
| TOTAL INCOME AND ENDOWMENTS | 122 14.41 |
2842.35 | 125056.76 | 167445.10 | ||
| EXPENDITURE | ||||||
| Costs ofDana/agog Funda ~AollvSas |
201.00 D.DD |
2,370.13 115.00 |
||||
| Clssch AcUvMaa | ||||||
| Diocesan Par/ah Share |
86,200.00 | 86,2002M | 82,800 00 | |||
| Sskstee Wages & Honoreda | 10 | 18,664.66 | IB,S84.68 | 30,97928 | ||
| Clergy Expsnsrm | ||||||
| Ctmgy Hotms | 12 | 1,885.98 | 1,886AS | 88250 | ||
| Assistant Sts8 (Administration) | 1,933.36 | 1,93338 | 3,85729 | |||
| 8lmday Schmtl Exp arises |
14 | |||||
| Church IBaslan | ||||||
| Church Running Expenses |
18 | 27,378.90 | 5,40632 | 32,78222 | 37,373.01 | |
| Church Ulggy Bgis |
17 | 8,06798 | 8,06738 | 9,86649 | ||
| Me)or Capital Expenditure ~Costs |
18 | 2,053.80 | 0.00 2,053.60 |
|||
| TOTAL EXPENDITURE | 145260.83 | 6405.32 | 150868.15 | 170930.70 | ||
| NET INCOIIE/(EXPENDITURE) | Wl 42 | -2562.97 | -25 609.39 | -3485.60 | ||
| DEPOSITS RECOl/ERABLE TRANSFER MLBDIRECTED INCOME GAIN/(LOSS) ON INVE6TMENT NET MOVEMENT IN FUNDS |
4376.64 | -2582.97 | -4 376.54 .29986.93 |
-1,5tmfd 3594.88 -I 390.74 |
||
| BAlANCES BROUGHT FORWARD AT 1.120/19 | 59,771A4 | 40,000.00 | 64,381.83 | 164,153.27 | 165,654.DI | |
| BALAHCES CANNED FORWARD ATS1.12,2020 | 32,348.48 | 4000000 | Bt/II 8.BB | 134,167.34 | 164,183.27 |
| UNRESTRICTED | UNRESTRICTED | DESIGNATED | RESTRICTED | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| FUNDS | FUNDS | FUNDS | 2020 | 2019 | |||||||
| 0 | 2 | f. | |||||||||
| RECONCILIATION OFRESOURCES |
RETAINED TO NET | CASH FLOW | |||||||||
| NET MOVEMENT IN FUNDS |
-27,42256 | -2,582.97 | -29,985.93 | -1,380.74 | |||||||
| (Dememe)0ncreeee In Creditors |
28652 | 296,52 | 5,87200 | ||||||||
| (Increase)8)ecresse in Debtom |
-I(,32755 | -I1327JIB | 20,247.28 | ||||||||
| Decrease In BequaetrsBon ~cn |
1,43127 73420 |
3,7D152 | IA31.77- 4,436.72 |
1,431.77 4,434 12 |
|||||||
| Deposits Recoverable | 300.00 | 30000 | 300.00 | ||||||||
| fncome Bcm Investmrmts | 1,074JIQ | 1,074.88 | 1,292.81 | ||||||||
| Oeillf(toss) crl slrllenl |
4,3762M | 437S.64 | 3594.$1 | ||||||||
| Cash wed In opsrsfklg | actfvltl | as | 32ASB.TS | I 13855 | ~ | 3IA462( | 11,599.18 | ||||
| Cash flows fram Investing | acdvftfes | ||||||||||
| Purchase cy Fhad Assets |
|||||||||||
| Income fmm Investments | IJI7438 | 1 074.96 | 1292.91 | ||||||||
| Omh used fn frnxmung | acthghm | 1074JIB | 107B98 | 1292.81 | |||||||
| Cash Rows from fbl&nclrlg | ectlvRIee | ||||||||||
| Loan fram Dkxese Anra | Coundl | repayment | 3,333.34 | ||||||||
| Cash provided by fhrancfng |
acdvfBes | 3,33334 | |||||||||
| NET CASH WFLOW (OUTFLOW) | |||||||||||
| CASH FLOW STATEMENT FOR | THE | YEAR EHOED 31STDECEMBER | 2IOB | ||||||||
| NET CASH INFLOW (OUTFLOW) | QI,BII.TB | 1,138.65 | M,47323 | 9,558.53 | |||||||
| Cash st31.12.19/18 | 34,123A4 | 40000.00 | 34,77183 | 108,89527 | 99,338.84 | ||||||
| Cash st 31 1220)ie | 2511JIB | 40000J)0 | 35,910.38 | 78422.04 | 10 895.27 | ||||||
| BALANCE SHEET AT31STDECESIBER2020 | |||||||||||
| Fixed Assets | |||||||||||
| Tangible Rxed Assets |
25,908AB | 25,90846 | 30,344.20 | ||||||||
| Invaetmant | 20849.34 | 2 225.BB |
|||||||||
| Total Fixed Asmda | 25,90848 | 46,767.82 | 56,570,08 | ||||||||
| C unset AeseN | |||||||||||
| Debtors | 19,501.71 | 19,601.71 | 8,173.80 | ||||||||
| 6equsstrstlon | 1,431.77 | ||||||||||
| Church Repair!I Improvement | Fund | 40,000.00 | 40,00D.DD | 4D,DDO.DD | |||||||
| Bank: Deposit Account | 23,423.68 | 26,824Jf1 | 25,735,12 | ||||||||
| Banks: Current Accounts | 12,486.60 | 12,48650 | 43,04922 | ||||||||
| Cash in Hand | 110.93 | I ID.93 | 110.93 | ||||||||
| 22,013.37 | 4D,XO.DD | 35,91028 | 97,923,75 | Iftk500.90 | |||||||
| Ctsvwt Uabgtlss | |||||||||||
| Deposits Recoverable | 800.00 | 800.00 | |||||||||
| Creditors | 8,91423 | e,e1423 | 9,tH7.71 | ||||||||
| 10,51423 | 1D,61423 | 9,817.71 | |||||||||
| Net Cclvent Ammte | 1149914 | Aaoooao | 3591036 | 574oe52 | 10858319 | ||||||
| Loan from Diocese Arse | CauncS | ||||||||||
| NET ASSETB | 32,348AB | 40,XO.OO | 61,618.66 | 134,187.34 | 164,153.27 | ||||||
| FUNDS | |||||||||||
| Unnwtrkded | 3?„348AB | 32,348AB | 59,771.44 | ||||||||
| Designated | 40,00000 | 40,woxD | 40,000.00 | ||||||||
| Rmlrlcted | 61,818.86 | 61,818.66 | 54 381.83 | ||||||||
| TOTAL FUNDS | 32348AB | 4000000 | 6181866 | 134AI8734 | 164,15327 | ||||||
| Approved by the PCC on |
th Memh | 202D and signed an | their behalf by | ||||||||
| AllenM~ FCA (PCC Hon)reasurer) | |||||||||||
| )npf'(M |
| NOTES TO THE FINANCIAL STATEMENTS | NOTES TO THE FINANCIAL STATEMENTS | ||||||
|---|---|---|---|---|---|---|---|
| 1.Funds Furlds General funds represent ths funds rff Iha pCC that are not sub)em to any~regarding their use and ere evageble cfthe PCC. Funda designated for e pertkuler purpose by the PCC are sho unrestffded. |
for ths genend | purposes | |||||
| The Designated Funds ofthe PCCars sst out below. |
|||||||
| Recognfeirrg the need for extensive provision forrepek and Improvement to Ue two churches, lhe PCC resolved to aet up Chm ch Repair lk Improvement Fund |
e | ||||||
| This fund replaces tha two funda bakrw wNch weta under the cuehxganshlp ofthe London Diocesan Fund but wNch have StClement Ulsintenence Fund (Jofnt kgalnlenance Fund) |
now been | repaid lo Ihs PCC | |||||
| This fund represented the remaining balance ofthe nst seta prose«N cfIhs StJrmuw. Norla«N Church Hag In lrwlshem Street in Ths Trust deed requires Ihe LDFto hold these monies upon bust and to permit them to bs used by the PCCfor any ecdeslestksl within the meaning ofthe PCC (Powers) Mes«as I955affedhw Iha parwh. StMark' ~ Church Hsg |
Novemh«1992 purpose |
||||||
| Capital and Income sre held for Ihe benefit of Um Church olStMark Netting Hgf snd msy be disbursed in such manner |
as | the fncumbent and |
|||||
| churchwerdens ofSt Marks shag fnm Ifma totime epprffm orGreck The PCC hed designated Ns fund to be for Ihe benaN of St Cbmenm. |
|||||||
| The Rastrfeted Funds ofthe PCC are aat out below. |
|||||||
| StClamant's Roof |
|||||||
| A me)or fund hes been set up to fsdgtals Ihe repair ofSLQsmsnf3 raof Addglonal hgnleby Fund (Prarffouely known ss Ths Curate Fund) This fund represents amounts donated srcogected to fund the sgpend ofen~priest orcurate for the parish. The Community Fund |
|||||||
| The cblectlve cftha Fund fsto fund keel actlvglm and po)acw that promote educstkm, egevfata daprlvslfon orotherwise |
conwbuts | lo the | |||||
| welfsl'5 cfItte Icosi ccmmulllty. | |||||||
| Youth Worlq Sunday School &Youth Trip | |||||||
| Ths PCC receives grants and raises funds to support yauth work In the communlly. | |||||||
| Ogrer funds aries from time to time ss 9rwmlt ofspecial sppesh (see Note 25) | |||||||
| 2.Accourltlrrg Polkfee |
|||||||
| Seals ofPreparsgon The Unandsl statemenls have been prepared under the ChsrlUse Act 2011snd in accordance wgh Uw Church Accounting tagegrar wgh Fhanrffel Reporgng Standard~In Ihe LIKand Republk cff Ireland (FFtS 102)end the tetamanlof |
Rsguletlane Recommended |
2005 Prscgce, |
|||||
| Accounting and Reporting by ChadUas preparing Iheir accounW in accordance wgh FRS 102. The Unanr)sl statements have been pmparsd under Ihe~coal convengon, and br~wflh Ihe Financial Reporgng |
Standard 102. | ||||||
| The trust constltutae a public benegt enUty as dagned by FRS102. |
|||||||
| The presentation currency of tha ftnancial statements N Iha Peund Slargng (5). |
|||||||
| Incamlng Resouraes |
|||||||
| Cogectfons era recognised when received by or cn bahatl at Iha PCC. Planned giving receivable under Gift Akl b racagnleed only when rscalverL income tex recoverable on Gift Aid donations is~when tha related income leracognbsd. |
|||||||
| Rental income le recognised when the rent ls dua. |
|||||||
| DMdend end Interest income le accounted for when received |
|||||||
| Funds raised from the summer fair and other events sre cccunted for grcsru |
|||||||
| brooms from government snd other grants ls recognised when the charily hae entklsmant to the funda, any p«formance condNons |
etiechrM to the | ||||||
| grants have been met, It le probebls that the Income will be received and the amount can be measured reliably and is ncl |
def«rad. | ||||||
| Resources Expended | |||||||
| The dlocesrm parish share le accourrled ftv when paid. Any perish share unpaid at 31December ls provMed for Inthese accounts |
as | en | operadonal | ||||
| (though not elegal) IMUNty and le shown as 9creditor In Ihe bsfenoa sheet and tha amount outstanding induded fn expenditure. |
|||||||
| Cspkeic mmk snt |
|||||||
| There were rm cepgal commhments at 31,122020 (2019 NU) |
|||||||
| lrr «re trtt arete | |||||||
| Investments am valued et market value. The market vakrstkm le obtained fnxn the Investment fund whkh manages Itw Investment |
|||||||
| an behalf oftha Charity. | |||||||
| Gains snd losses are recognised ss movemente in un eslrkted funds. |
|||||||
| Fixed Assets | |||||||
| Consecrated and banegced property ofany kind IsexduM trom the accourffa by e.95(2)(a)ofthe Charluee Act 1993. |
|||||||
| Movsabl ~ Church furnishings held by the Vicar and Churchwerderrs an sp«UN trust Ibr the PCC, and whkh require s facugy |
for dfepoeel, | ere | |||||
| accounted ee Inalienable property unisex ccnsecraled. They are Iwled In tha church's inventory which csn be Inspected at eny reasonable For Inegenebla property acquired prior to 200'I there ie insulgclent cost information evagebls end therefore such assets ere not valued fn |
Ume. the eccounw. |
||||||
| Ag expenditure incurred in the year on consecrated orbanal&art bugdlngs on IndMdusl Items under 5500,oran the repair cfmoveable church fumlehtnge Is written off, |
|||||||
| Heaters are deprscW«d an sstraight Une basis avertive years |
|||||||
| Ofgca equipment costing 5500oraver is depredatsd on 9sbsight Une beefs over three years. Cffgce Fixtures 5 Fltgnge costing 2500 orover are depredatad an a stnffghi Une beefs over tan years. |
| UNREST IECTED | UNREST IECTED | UNREST IECTED | UNREST IECTED | DESIGNATED | DESIGNATED | RESTRICTED | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FUNDS | FUNDS | FUNDS | 2019 | ||||||||||||||||
| 8 | 8 | 8 | 6 | ||||||||||||||||
| 18 Ms(or Capital Expenditure | |||||||||||||||||||
| Repairs loSt Clamant's | Windows | 0.00 | 0.00 | ||||||||||||||||
| Granfeg Mmnorlel Garden |
0.00 | 406.(D | |||||||||||||||||
| 0.00 | |||||||||||||||||||
| 19Governance | |||||||||||||||||||
| ExamlnaBon Fees | 2,063.60 | 1,89000 | |||||||||||||||||
| 206360 | 1,890JIB | ||||||||||||||||||
| 28 Tangible Fixed Assete | |||||||||||||||||||
| UNRESTRICTED | RESTRICTED | TOTAL | |||||||||||||||||
| FUNDS | FUNDS | ||||||||||||||||||
| 8 | 8 | ||||||||||||||||||
| Cost et I January 2020 | 18,107.65 | 47,012.80 | 88,120.46 | ||||||||||||||||
| Addgkns Coat ai 31December 2020 ~Depredation Charge Ibr8m Year~Dspredaeon |
at I January 2020 at 31December 2020 |
18,373.45 73420 te,107ss |
47,01260 17,4023!0 370152 21 104.32 |
0.00 68,120.45 35,77625 4,435.72 40211JI7 |
|||||||||||||||
| Net Book Value stI Janusry2020 | 2ILBIOJD | 29,510.00 | |||||||||||||||||
| Net Book Value at 31 December 2020 21 ListedIn~ |
0.00 | 25,808.48 | 2590648 | ||||||||||||||||
| IEIRESTRICTEO | TOTAL | ||||||||||||||||||
| FUNDS | FUNDS | ||||||||||||||||||
| 6 | 8 | 8 | |||||||||||||||||
| Market value at I January | 2020 | 25225.88 | 0.00 | 25,225.88 | |||||||||||||||
| R~om frx tile year |
-IO76.54 | 0.00 | -4,37854 | ||||||||||||||||
| Market value ru 31Decembar 2020 | 0.00 | 20,849.34 | |||||||||||||||||
| 22 Employeea | |||||||||||||||||||
| Ths PCC has two part time | employese | engaged | on admlnbtrauon. | ||||||||||||||||
| The employees are pakl by |
the Commurdly | Prckmt which | ls reimbursed | by | the | PCC. | |||||||||||||
| 2020 | 2019 | ||||||||||||||||||
| 6 | |||||||||||||||||||
| t6,690.91 | 16,463.54 | ||||||||||||||||||
| No mployees received remunsrason |
In excess of760,000 during | the year. | |||||||||||||||||
| 23Truabwa Rsrrrsrwr&tlorr |
|||||||||||||||||||
| No trustee received my remuns rags | n | (2019 Ng) | |||||||||||||||||
| 24 Ihdepandent Examlneys RemtmaraEen The hdspsndentE~Remuneration |
corwBtuted s | fee of61,890(2018:61,890k | |||||||||||||||||
| 25 Mulmrrrents ort Furrde |
|||||||||||||||||||
| Eslances at 1.1.20 |
income | Interest | Total incoming |
~e | Transfers | 8 sienese at 31.12.20 |
|||||||||||||
| 8 | 6 | 8 | 8 | ||||||||||||||||
| Designated | |||||||||||||||||||
| Chun3r Repair 8 knpovement | |||||||||||||||||||
| Total Oeslgnmsd | 0,00 | 0.00 | 000 | 40 | 00000 | ||||||||||||||
| ~trlcted | |||||||||||||||||||
| Addmonel Ministry Fund |
0.00 | 2,219.81 | 2219JN | 2,21991 | |||||||||||||||
| Ministry Support Fund | 8,333.33 | 0.00 | 8,333.33 | ||||||||||||||||
| St CkxnsMa Garden | 29,610.00 | 0.00 | 29.610.00 | ||||||||||||||||
| St Clemente Gwden Capital Fmxl |
13,692.00 | 0.00 | 3,701.52 | 9,990.48 | |||||||||||||||
| St Clemente Garden Maintenance |
13,640.00 | 0.00 | 1,703.00 | 11.83820 | |||||||||||||||
| St James'a. . Ugldng | IS7.80 | 0.00 | 16750 | ||||||||||||||||
| Grenfee Resef | 1,038.70 | 0.00 | 1,033.70 | ||||||||||||||||
| Youth Work | 0.00 | 822.44 | 62244 | ||||||||||||||||
| Total Rsstdted | 84 381.83 | 2 | 542.35 | 2 | 84?35 | 5405.32 | 0.00 | SI | 6 | IS68 |
| UNRESTRICTED | UNRESTRICTED | DESIGNATED | RESTRICTED | TOTAL | |||
|---|---|---|---|---|---|---|---|
| FUNDS | FUNDS | FUNDS | 1,019.00 | ||||
| 5 | 5 | 5 | |||||
| INCOME AND ENDOWMENTS | |||||||
| Vohmbuy Income |
46,956.70 | 48,301.61 | |||||
| Other Voluntary Incomhg Resources |
5,820.00 | 6,473.99 | |||||
| Amfvfgea fm GenersOng Fumle Income fram~ |
7,S34.98 1,292.81 |
7,634.98 1292.81 |
|||||
| Church Acthdgm | I | 741.71 | 10374171 | ||||
| 187446 10 | |||||||
| TOTAL UICDME ANO ENDOWMENTS | |||||||
| Ccats ofGenersOng Funds |
?„370.13 | 2,370.13 | |||||
| CharhabM AotvMm |
116/lo | 115.0D | |||||
| Church AcgvBes | |||||||
| Olocamm Padsh Share | 82,800.00 | 82,80D.DO | |||||
| Selarirvl Wages 8 Honorarlrr Clmgy~ |
24,480.38 | 6,498.90 | 30,97928 | ||||
| Clergy House~Staff (AdmlnistraOon) | 3,86729 | ||||||
| Sunder School Expamm |
|||||||
| Chutch Mlesfo n |
|||||||
| Church Runnbtg Expenses |
32,061.49 | 5,321.52 | 37,S73.01 | ||||
| Church Utglty Bgls |
9,865A9 | 9,885,49 | |||||
| Ms)or Capital Expenditure | 408.ID | ||||||
| Governance Cocle |
I,MM.OO) | 1,890.00 | |||||
| TO'TAL EXPENDITURE | 168702.28 | 1222S42 | 17093D70 | ||||
| NET OICOME/(EXPENDIIURE) | 6,74392 | -9,229.52 | -3,485.60 | ||||
| TRANSFER MLnDOIECTEO | INCOME | -I 600.00 | |||||
| GAIN/fLOSS) ON INl/ESTMENT |
3,594/t6 | 3,594.86 | |||||
| NET MOVEMEM W FUNDS | 7r836c?8 | -9229r62 | -1,390.74 | ||||
| BALANCES BROUGHT FORWARD AT1.1.19/II | 61932,66 | 40000.00 | 7361136 | 165544 01 | |||
| BALANCES CARRMD FORWARD AT31.12.19/18 |
5977144 | 4000000 | 64381.83 | 16416327 | |||
| UMmsts ControUlng Party |
|||||||
| 17 The Chsray le contmOad by the trustees. |