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2020-12-31-accounts

for the year ended 31 stDecembe r 2020
Total Total
Unrestricted Restricted Capital Funds Funds
Funds Funds Fund 2020 2019
Note f F f F
Incomin
resources
Donations
and Legacies		 2(a) 162,162 1,840 164,002 161,622
Income from Charitable
Activities		 2(b) 22,520 22,520 38,964
Other Trading Activities 2(c) 17,528 17,528 45,838
Investments 2(d) 110 110 193
Other Income 2(e) 104 104 104
Totalincoming resources 202,424 1,840 204,264 246,721
Resources ex ended
Raising Funds 3(a) 349 349 561
Expenditure
on Charitable		 Activities 3(b) 195,603 529 196,132 217,931
Total resources expended 195,952 529 196,481 218,492
Gains on fixed assets:
On disposal of investments
On revaluation
of investments		 4(b) 118 6 067 6,185 9,553
Net incoming
I(outgoing)		 resources
for the year before transfers 6,590 7,378 13,968 37,782
Transfers
between funds		 7(e) (1,250) 1,250
Net movement
offunds		 5,340 8,628 13,968 37,782
Balances brought
forward		 at beginning
ofyear 94,539 86,788 685,000 866,327 828,545
Balances carried forward
at end ofyear 99,879 95,416 685,000 880,295 866,327

BALANCE S H EETas at 31st Decemb er 2 020
31.12.20 31.12.19
Note f
Fixed assets:
Tangible fixed assets 4(a) 685,000 685,000
Investment
assets		 4(b) 75,356 69,170
Total fixed assets 760,356 754,170
Current assets:
Debtors and prepayments 5(a) 15,072 9,614
Cash at bank and in hand 5(b) 126,809 118,088
Total current assets 141,881 127,702
Liabilities: amounts due within one year 21,942 15,545
Net current assets 119,939 112,157
TOTAL NET ASSETS 880,295 866,327
Represented
by:
FUNDS
Unrestricted
Funds:
General
Fund		 7(a) 52,157 51,018
Designated
Funds		 7(b) 47 722 43,521
99,879 94,539
Restricted Funds 7(c) 95,416 86,788
Total Income Funds 195,295 181,327
Capital Fund 7(d) 685,000 685,000
880,295 866,327

Unrestricted Funds Total Total
General Designated Restricted Capital Funds Funds
Fund Funds Funds Fund 2020 2019
E E E E E E
2(a) Donations
and Legacies
Planned
giving (including		 under Gift Aid):
standing
orders		 81,716 81,716 80,699
weekly envelopes 13,834 13,834 15,890
Income tax recoverable on planned giving 25,237 25,237 23,054
Cash on collection plate:
public services 3,261 3,261 7,125
baptisms,
weddings,		 funerals, etc. 1,893 1,893 4,961
Sundry donations:
Other grants 2,000 2,000 2,917
Church
heating		 750 750 101
Choir tour fund 7,574
Church
hall maintenance		 3,000
Other donations 4,709 4,709 4,630
Choir general 250 250 100
Specific expenditure 1,313 1313 543
To offset costs ofcoffee, refreshments, etc. 61 61 327
Flower fund donations 60 60 380
Church
floodlighting		 150 150 120
Adult education 7 7 87
StAnne's
donation		 1,000 1,000 50
Puppets
in Penn: donations		 received 30 30
Churchyard 16
Legacies:
for general purposes 27,715 27,715 10,000
Total Donations
and Legacies		 162,146 16 1,840 164,002 161,622

2
INCOMING RESOU		 R CES (c onti nued)
Unrestricted Funds Total Total
General Designated Restricted Capital Funds Funds
Fund Funds Funds Fund 2020 2019
2(b) Income from Charitable Activities F F F
Rents from letting ofCurates House 7,800 7,800 7,010
Fees for wedding
services		 1,101 315 1,416 4,290
Fees for funeral services 6,038 3,914 9,952 12,344
Monday coffee morning 211 211 446
Painting
in Penn: fees from		 members, etc. 3,091 3,091 13,255
Other income 50 50 1,619
15,200 7,320 22,520 38,964
2(c)Other Trading Activities
Contributions
for community		 use ofOak Room 3,862 3,862 9,851
Contributions
for community		 use of Church Hall 11,021 11,021 22,749
Contributions
for community		 use ofSt Anne's 33 33 120
Income from Flower Festival/Craft Fair 1,600 1,600 3,594
Income from Christmas
Fair		 20 20 4,547
Parish Magazine sales 111 111 2,557
Parish Magazine
advertisements		 300 300 1,100
Cake stall/Bring
8 buy sales		 100 100 277
Income from Card sales 8 8 83
Bookstall sales 20 20
Contributions
to hospitality		 services 263 263
Income from other fundraising 190 190 621
Income from concerts 318
Other sundry
income		 20
15,908 1,620 17,528 45,838
2{d) Investments
Bank interest: General
fund		 110 110
Interest on CBFdeposit fund account 193
110 110 193
2{e)Other Income
Wayleaves
(electricity sub-station,		 etc.) 104 104 104
104 104 104
Total Incoming resources 193,468 8,956 1,840 204,264 246,721

Unrestricted Funds Total Total
General Designated Restricted Capital Funds Funds
Fund Funds Funds Fund 2020 2019
f f f f f f
3(a) Raising Funds
Costs of Flower Festival/Craff Fair 14 14 20
Costs of Christmas Fair 541
Costs ofstewardship campaigns 335 335
349 349 561
3(b) Expenditure
on		 Charitable Activities
Missionary,
charitable		 and other giving:
from general income 10,351 10,351 10,646
Parish share 70,283 70,283 78,846
Other mission costs 3,179 3,179
Staff Costs:
Youth 8 Family Worker 220 220 10,904
Buildings Administrator 7,252 7,252 6,658
Trainee Ordinand 4,194
Parish office worker 9,683 9,683 9,648
Choirmasters/Leaders 5,395 5,395 5,665
Vicar's working expenses 1,955 1,955 1,553
Visitors speakers/locums 799 799 1,350
Pastoral expenses 44
Sub total carried forward 108,897 220 109,117 129,508

Unrestricted Funds Total Total
General Designated Restricted capital Funds Funds
Fund Funds Funds Fund 2020 2019
s s E s
3(b) Expenditure
on Charitable		 Activities (Cont'd)
Sub-total brought forward 108,897 220 109,117 129,508
Christian
education		 70 70 923
Christian
education - youth work		 266 266
Christian
education
—adult		 155
Painting
in Penn - expenses		 1,240 1,240 3,439
Paintings
in Penn - depreciation		 383
Penn Puppets 89
Parish office photo copier 1,046 1,046 1,549
Parish office - telephone/broadband 994 994 857
General
administration		 2,098 2,098 5,694
Website /Administration System Costs 1,392 1,392 1,973
Independent
Examiner's		 Fees 150
Church gas 5,436 5,436 8,847
Church
electricity		 2,344 2,344 2,778
Church insurance 3,148 3,148 3,120
Church
—maintenance		 52 52
Church - running
costs		 6 6
Cleaning
materials		 1,734 1,734 1,984
Health 8 Safety Costs 3,298 3,298 4,293
St Bart's church repairs 26,077 26,077 4,329
Oak room - running costs 260
Oak room - cleaning 744 744 1,648
Oak room - repairs 1,735 1,735 497
St Anne's
—electricity		 385 385 431
St Anne's
—insurance		 701 701 682
St Anne's - water 75 75 289
St Anne's
church repairs		 30
Church
Hall - gas		 2,236 2,236 3,487
Church
Hall - electricity		 2,084 2,084 2,227
Church
Hall - insurance		 1,009 1,009 989
Church
Hall - water		 100 100
Church
Hall - cleaning		 1,596 1,596 3,139
Church
Hall - running
costs		 10 10 139
Church
Hall - repairs		 1,214 1,214 967
Church
yard running
costs		 6,500 1,360 7,860 6,000
Vicarage 1,856 1,856 250
Organists 8,761 8,761 6,481
Music and choir expenses 1,082 1,082 2,143
Cathedral
visits		 529 529 6,382
Organ and piano tuning 2,052 2,052 3,175
Altar requisites
and other		 service costs 109 109 1,226
Refreshments
for church		 186 186 546
Hospitality
after Services		 1,134 1,134 1,406
Flower costs 225
All other expenses 20 20
Magazine/Newsletter
production		 and distribution costs 689 689 4,662
105Brenton Road - insurance 417 417 491
105Brenton Road - maintenance 1,230 1,230 90
190,731 4,872 529 196,132 217,931
Total resources expended 191,080 4,872 529 196,481 218,492

NO TES TO THE FINANCIAL STATEM ENTS for the yea r ended 31stDece 31stDece mber 2020
4 FIXEDASSETS Freehold land Equipment used by
~Pi ti i P
Grant
f Church g Residential funded Other Total
4(a) Tangible fixed assets Hall
f		 Properties
F		 equipment
E		 equipment
F
Cost or Valuation:
At 1stJanuary 2020 470,000 215,000 685,000
Accumulated
depreciation:
At 1st January 2020
Charge for year
At 31stDecember 2020
Net book value at31stDecember 2020 470,000 215,000 685,000
Net book value at 31stDecember 2019 470,000 215,000 685,000

Investments
carried		 at market value Investment
CCLA investment carried atcost
allocated to allocated to Traidcraft Total
designated restricted shares
4(b) Investment assets funds funds
f
At 1st January 2020 1,649 67,407 115 69,171
Gains on revaluation 118 6,067 6,185
At 31st December 2020 1,767 73,474 115 75,356
5
CURRENT		 ASS ETS
At At
5(a)
Debtors and prepayments		 31.12.20 31.12.19
Amounts
receivable
Tax recoverable on giving under Gift Aid 6,317 5,332
Prepayments 4,992 2,542
Credit balances held with suppliers 773
Balance with Diocesan Interior Decoration Scheme (see also note 7(c)) 2,990 1,740
15,072 9,614
5(b)
Gash at bank and in hand - 2020
Unrestricted
funds		 Designated
funds		 Restricted
funds		 Total 2020
CBFdeposit account 15,564 10,344 25,917
The Co-operative Bank PLC - current account 35,082 45,947 19,563 100,592
Cash in hand 300 300
50,946 45,956 29,907 126,809

6
LIABILITIES:		 6
LIABILITIES:		 AMOUNTS DUE WITHIN ONE YEAR DUE WITHIN ONE YEAR DUE WITHIN ONE YEAR DUE WITHIN ONE YEAR At At
31.12.20 31.12.19
Agency Collections (inc(. wedding and funeral fees due to Lichfield Diocesen Board of Finance) 10,957 9,137
Sundry creditors payable 791 871
Accrued expenses 2,013 3,937
Donations
allocated		 from general income but not yet paid over 8,181 1,600
Sundry creditors
21,942 15,545
7
FUNDS
The nature ofeach class offund is explained in note 1(b).
Transfers
between		 funds are detailed in note 7(e).
Gains /
At Incoming Resources Transfers (losses) on At
7(a)
Unrestricted		 funds: General 31.12.19
r		 Resources
E		 expended
s		 (See7(e))
s		 fixed assets
f		 31.12.20
E
Unrestricted
General		 Fund 51,018 193,468 (191,080) (1,250) 52,157
7(b)
Unrestricted		 funds: designated
Choir Fund 1,479 1,479
Vicar's Discretionary Fund 9 9
Churchyard
Fund		 11,338 1,900 (1,360) 11,878
Youth Worker Fund 0 1,620 (220) 1,400
Church
Hall Refurb		 306 306
Legacy Fund 28,455 118 28,573
Organ Fund 963 2„345 (2,052) 1,256
Painting
in Penn "General" Fund		 971 3,091 (1,241) 2,822
43,521 8,956 (4,873) 118 47,722

7 FUNDS (continued) Transfers Gains
At Incoming Resources (detailed in (losses) on At
7(c) Restricted funds 31.12.19 Resources Expended note 7(e)I
f		 fixed assets 31.12.20
f
Restricted
Funds
St.Anne's Church
Fund		 1,842 1,000 2,842
StAnne's
Heating Project		 2,218 2,218
Church
Heating Project		 5,749 750 5,499
Choir Fund 1,688 (529) 1,159
Flower Fund 763 60 823
Church
Hall Patio		 602 802
Pew Kneelers 3,460 3,450
Other Specific Purposes 1,919 1,919
Interior Decoration
Fund		 1,740 1,250 2,990
Parke
—re-glazing		 46,931 4,461 51,392
Parke
—Chdistian
Education		 2,968 544 3,512
Parke
—Pew Bibles		 15,683 1,008 15,891
Parke
—Hymn Books		 841 54 898
Puppets
in Penn Fund (specific donations)		 383 30 413
86,788 1,840 (529) 1,250 6,067 95,416
7(d)
Capital fund
PCC properties (as valued per note 4(a)) 685,000 685,000

2019Funds
Gains I
At Incoming Resources Transfers (losses) on At
7(a)
Unrestricted		 funds: General 1.1.2019
s		 Resources
f		 expended
s		 (See7(e))
f		 fixed assets
s		 31.12.2019
s
Unrestricted
General		 Fund 31,638 277 967 3,786 34,734
7(b)
Unrestricted		 funds: designated
Choir Fund 1,479 1,479
Vicar's Discretionary Fund 9 9
Churchyard
Fund		 5,000 1,338 5,000 11,338
Youth Worker Fund 8,248 (9,798) 1,550 0
Church
Hall Refurb		 306 306
Legacy Fund 28,329 125 28,454
Organ Fund 568 3,570 (3,175) 963
Painting
in Penn "General" Fund		 (1,041) 13,255 (3,822) (7,420) 971
34,345 26,717 16,795 870 125 43,521
Gains I
At Incoming Resources (losses) on At
7(c) Restricted funds 1.1.2019
f		 Resources
s		 expended
E		 Transfers
s		 fixed assets
s		 31.12.2019
f
Restricted
Funds
St.Anne's
Church		 Fund 1,792 50 1,842
StAnne's
Heating		 Project 2,218 2,218
Church
Heating Project		 5,204 545 5,749
Choir Fund 8,070 (6,382) 1,688
Flower Fund 688 320 (245) 763
Church
Hall Patio		 602 602
Pew Kneelers 3,460 3,460
Church
Hall Fund
Other Specific Purposes 1,919 1,919
Interior Decoration Fund 1,490 250 1,740
Parke - re-glazing 39,193 7,738 46,931
Parke - Chdistian Education 3,479 (1,078) 567 2,968
Parke
—Pew Bibles		 14,617 1,066 15,683
Parke
—Hymn Books		 784 57 841
Puppets
in Penn Fund (specific donations)		 472 (89) 383
Painting
in Penn Donation		 Fund 945 (945)
Painting
in Penn Grants Fund
Training
Grant		 2,917 (2,917)
77,562 11,452 8,738 2,917 9,428 86,788

7
FUNDS (continued)		 7
FUNDS (continued)		 7
FUNDS (continued)		 Unrestricted Funds Total Total
General Designated Restricted Capital Funds Funds
7(e) Transfers
between		 funds Fundf Funds
F		 Funds
f		 Fund
f		 2020
f		 2019
f
Amounts transferred
from		 Restricted Funds to offset (1,250) 1,250
relevant expenditure
charged to the		 General Fund
Total Transfers between funds (1,250) 1,250
8(a) STAFF COSTS
2020 2019
f
Wages and salaries, etc. 22,550 35,450

9
AN		 ALYSIS OF NET ASSE TS BYFUND - 202 0
Unrestricted Funds Total Total
General Designated Restricted Capital Funds Funds
Note Fund Funds Funds Fund 31.12.20 31.12.19
f f f f f
Tangible fixed assets 4(a) 685,000 685,000 685,000
Investments 4(b) 115 1,767 73,474 75,356 69,170
Current Assets 5 63,027 45,955 32,899 141,881 127,702
Current liabilities 6 (10,985) (10,957) (21,942) (15,545)
Total net assets 52,157 47,722 95,415 685,000 880,295 866,327

Unrestricted Unrestricted Funds Total Total
General Designated Restricted capital Funds Funds
Note Fund Funds Funds Fund 31.12.2019 31.12.2018
Tangible fixed assets 4(a) 685,000 685,000 685,383
Investments 4(b) 115 1,649 67,407 69,171 59,618
Current Assets 5 57,312 41,872 28,518 127,702 97,358
Current liabilities 6 (6,409) - (9,137) (15,545) (13,814)
Total net assets 51,018 43,521 86,788 685,000 &66,327 828,545
10 SOFA COIIPARATIVES 10 SOFA COIIPARATIVES
(year ending 31uDecember, 2019) Unrestricted Restricted Capital Total
Funds Funds Fund Funds
E
Incomin
resources
Donations
and Legacies		 150,525 11,097 161,622
Income from Charitable
Activities		 38,609 355 38,964
Other Trading Activities 45,838 45,838
Investments 193 193
Investments 104 104
Total incoming resources 235,269 11,452 246,721
Resources ex ended
Raising Funds 561 561
Expenditure
on Charitable		 Activities 209,193 8,738 217,931
Total resources expended 209,754 8,738 218,492
Gains on fixed assets:
On disposal of investments
On revaluation
ofinvestments		 125 9,428 9,553
Net incoming i(outgoing) resources
for the year before transfers 25,640 12,142 37,782
Transfers
between
funds		 2,916 (2,916)
Net movement
offunds		 28,556 9,226 37,782
Balances brought
forward		 at beginning
ofyear 65,983 77,562 685,000 828,545
Balances carried forward
at end ofyear 94,539 86,788 685,000 866,327