##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|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|