## **St. Matthew’s Parish Church, Redhill** Registered Charity No: 1132579 ## **ANNUAL REPORT** ## **AND** ## **FINANCIAL STATEMENTS** ## **OF THE PAROCHIAL CHURCH COUNCIL** **For the Year ended 31[st] December 2020** ## **Incumbent:** The Reverend Canon Andrew Cunnington The Vicarage Ridgeway Road, Redhill **Bank:** NatWest Bank Plc Station Road, Redhill ## **Independent Examiner:** John Wills ACIB 5, Heath Close, Mannings Heath, West Sussex ## **Independent Examiner’s Report** ## **To the Members/Trustees of St. Matthew’s Church, Redhill, Parochial Church Council** I report on the accounts for the year ended 31[st] December 2020, which are set out on pages 5 to 12. ## **Respective responsibilities of the Trustees and Independent Examiner** The Charity’s Trustees are responsible for the preparation of the accounts, and consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act and that an independent examination is needed. It is my responsibility to: - Examine the accounts under section 145 of the 2011 Act; - Follow the procedures laid down in the General Directions given by the Commission, under section 145 (5b) of the 2011 Act; - State whether particular matters have come to my attention. ## **Basis of Independent Examiner’s Report** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view, and the Report is limited to those matters set out in the next statement. ## **Independent Examiner’s Statement** In connection with my examination, no matters have come to my attention: 1. Which give reasonable cause to believe that in any material respect the requirements - to keep accounting records in accordance with section 130 of the 2011 Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ............................................. John Wills ACIB 5, Heath Close, Mannings Heath, Horsham Date..................................... Page | 1 ## **Mission Action Plan** As reported last year, the MAP was to have undergone considerable revision in 2020 following the parish wide consultation in October 2019. The proposed revision was put on hold at the beginning of March 2020 whilst the parish adapted to the nationwide lockdown with all its implications for church life, and the Mission Action Committee did not meet at all during 2020. The Committee will meet as soon as is practical under Government Guidelines and will be focussing on the priorities that have become apparent during the Coronavirus pandemic. These will form the basis of our Mission Action Plan going forward into 2021. Page | 2 **St Matthew’s Church Redhill** ## **Annual Report of the Parochial Church Council for the Year Ended 31 December 2020** ## **Administrative Information** St. Matthew’s Church is situated at 71, Station Road, Redhill. RH1 1DL. It is part of the Diocese of Southwark within the Church of England. The Parochial Church Council of the Ecclesiastical Parish of St Matthew, Redhill (PCC) is a Registered Charity No. 1132579, entered in the Register of Charities on the 7[th] November 2009. **PCC members who have served from 23[rd] September until the date this report was approved are:** ## **Ex-Officio Members:** Incumbent: Rev’d Andrew Cunnington Chair Church Wardens Julia Elfred & Chris Roulston Joint Vice-Chairs Hon. Curate Rev'd Judith Brooks SPAs Scilla Wallis & Georgia Waterton Readers Anne Currie & Julie Knight Representatives on Julia Johns, Hilary Richardson Deanery Synod: Representative on Anne Currie Diocesan Synod: **Elected Members:** Andy Baker, Ashleigh Davis, Joanna Goddard, Matthew Holdsworth, Fleur Howlett, Rachel Johns, Hugh Jones, Catherine Mwange, Sarah Pearman, Helen Shepherd, Peter Siggs, Robina Wason **Co-opted Members:** Ray Bolton Hon. Treasurer David Hill Hall Committee Chair ## **Structure, Governance and Management.** In accordance with the Church Representation Rules, members of the PCC are elected by the Annual Parochial Church Meeting, or are ex-officio, or are co-opted by the PCC. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. - The PCC operates through: The Finance & Standing Committee which is responsible to the PCC for all the church’s buildings, fund-raising, financial planning and control. It also acts as the Standing Committee of the PCC and as such has the power to transact the business of the PCC between meetings. The members of this committee are the incumbent, the churchwardens, the treasurer, the secretary, the hall lettings officer and two other members elected by the PCC: David Hill and Rachel Nixon. The Mission Action Committee which is responsible to the PCC for the continuing development of the Mission Action Plan and thereby determining and implementing a strategy for the growth of the Church’s mission within the Parish. The members of this team are the incumbent, the churchwardens, the curate, the readers, the SPAs and two members elected by the PCC. This committee did not meet at all during 2020. ## **Objectives and Activities** St. Matthew’s PCC has the responsibility, in cooperation with the minister, the Reverend Andrew Cunnington, for promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It is responsible for the maintenance & repair of the Church and the movables within the Church; the repair and maintenance of the Church grounds, the parish hall, and 44, Ridgeway Road, Redhill; and the conduct of the parish’s financial affairs. Page | 3 ## **Achievements and Performance** ## **Church Attendance** The Electoral Roll in September 2020 had 214 entries following a revision of the data. The year was dominated by the Coronavirus pandemic and our response to that. Public worship was suspended on 22[nd] March 2020 and all services were held online until 16[th] August 2020. We continued with a pattern of both on and offline services until the second national lockdown on 3[rd] November and the church reopened for public worship on 6[th] December. Church attendance in person over Christmas was 193 but a large proportion of people have watched online. There were no school services held in the church during the year, but, when circumstances allowed, monthly staff communion services took place. In spite of all the restrictions, we have been pleased to welcome some new families to the congregation. ## **Review of the Year** ## **Services** From January 2020 until 22[nd] March we continued to maintain a regular pattern of Sunday services with Holy Communion (Common Worship Order 2) at 8.00 a.m., Parish Communion (Common Worship Order 1) at 10.00 a.m., with a Family Communion on the third Sunday of each month. Church reopened for private prayer in July and then fully on 16[th] August when the pattern of Sunday Worship changed to Holy Communion (Common Worship Order 2) at 8.00 a.m., and Holy Communion (Common Worship Order 1) at 09:30 am and 11:00 am and Morning Prayer said every morning at 8:30am. Wednesday morning communion services restarted on 7[th] October. The first online service was on Mothering Sunday, 22[nd] March, and since then many people have been involved in the production of a weekly service, filmed in a variety of interesting places. Our grateful thanks to everyone who has contributed to all the online services, which have proved an important lifeline to members of our community who are isolating and have also been a means of outreach to the wider community. Several of the Holy Week reflections have been used as a focal point for Bible Study groups in Germany. Other online initiatives have included an online “pilgrimage” of the British Isles with images and reflections from a variety of church members. St Matthew’s started its own YouTube channel and this continues to be accessed by viewers across the world. A member of the Small Steps team recorded a term time weekly reflection for our younger members which has also been popular with older members too. Messy Church was held online in April and thereafter on the first Sunday in each calendar month and was briefly held in church in the months between lockdowns. The two “in person” Christingle services were very oversubscribed and an online service was recorded to accommodate those unable to get a space in church. ## **PCC** The full PCC and the Finance and Standing Committee each met six times during the year, twice in person the rest online. Reports were received from Staff members; Health and Safety issues are discussed at every PCC meeting and addressed accordingly. The Safeguarding Policies, having been reviewed at the annual review, were formally approved and re-adopted at the first PCC meeting after the APCM. The PCC has also reviewed Mission Giving, been kept up-to-date with GDPR and agreed our Parish Support Fund Pledge. ## **Mission Action Planning** The Communications Group met in February to develop relevant aspects of the Mission Action Plan following the parish consultation at the end of 2019. However, subsequent meetings of this group and the Mission Action Committee were cancelled and neither has met since that time. The Mission Action Plan will need to be reviewed in the light of our lockdown experiences, and this review is planned for early 2021. ## **Outreach** St Matthew’s is a parish which has outreach at the heart of its vision. In 2020 a lot of our avenues for outreach closed down, however the services of our Foodbank became more in demand than ever and they were given permission to remain open during lockdown as it was deemed an essential service. At its height Foodbank was catering for some 120 households and it looks like this may increase during 2021. This meant that at times the church resembled a food warehouse and the increased demand for food meant that we had to install two portacabins in the church par park to accommodate the increased stock. The Bereavement Group met briefly once small groups were permitted. The Befriending Scheme continued to offer a vital service via phone calls and occasional door step visits, this contact was even more necessary as people were isolated at home. Grateful thanks to all those who volunteer in any way to enable our church’s outreach to be so effective. Our links with St Matthew’s School remain strong, with all our foundation Governors positions being filled, members of the staff team are involved on a weekly basis leading online Collective Worship. ## **Mission and Giving** During the year we made donations totalling £2,401.10, to a number of causes, including our 2020 Home Mission, Stripey Stork, for whom we raised £245.35 from donations at Harvest and Christmas, this was topped up by a donation from the PCC of £104.65 making our total donation £350. We also continue to support Welcare, for whom Page | 4 £245.35 from donations at Harvest and Christmas, this was topped up by a donation from the PCC of £104.65 making our total donation £350 together with our annual contribution of £680. The Bishop of Southwark’s Lent Appeal received donations of £308.88 (including Gift Aid) Renewed Hope Trust received £66.42, Crisis received £136.08 (both resulting from Gift Aid from 2019), St Catherine’s Hospice received £192.56 from the candlestand donations, the Children’s Society received £115 from the Christingle service and Christian Aid received £62.50 in donations and Gift Aid. ## **Music** Sadly singing has not been permitted in church throughout the pandemic. Choir practices restarted very briefly following a bespoke risk assessment and a few choir members sang some carols at one of the Midnight Mass services. Other than that, we have been pleased to hear our Director of Music play the organ at both 9:30 and 11:00 Sunday services and we are all desperate to return to having a good sing once we are able to. ## **Flowers** Opportunities for floral displays have been few and far between, but the flower team produced some stunning arrangements when circumstances allowed. ## **General Maintenance** ## **Church Fabric** The usual regular maintenance, inspection and testing has been carried out during the year where possible. As reported last year, a number of torrential rain storms during 2019 resulted in flooding on three occasions to the choir vestry and clergy den. Work was delayed due to a variety of factors and will finally be completed early in 2021. The majority of the work to the organ was carried out during lockdown, thus taking advantage of the church closure. Several grants had been received to cover the cost of this necessary work. Other work has included the replacement of two noticeboards at the front of the church and the extension of the ramps to the Foodbank sheds, both items requiring faculties. Our insurance policy was due for renewal this year and we were delighted to make a considerable saving by changing from Ecclesiastical Insurance to Trinitas, both of whom are reputable companies specialising in church insurance. There are many plans for work in the coming year. We are raising faculties to light the paths up to the hall and coffee shop, and to remove two unused pews in the south aisle. ## **Church Hall** The Hall was closed during the first lockdown and opened to Pre School once this was permissible. Any group wishing to hire the hall has to submit a Covid risk assessment to Fr Andrew and the Churchwardens, and the hall cleaner continued to keep all areas rigorously sanitised. The Hall Management Committee, under the Chair of David Hill, continued to ensure that the hall is well-maintained and any issues are addressed. ## **External Areas:** Our gardening team continues to maintain and improve all the Church garden areas. Our thanks to all the volunteers who have assisted the gardening team in this work during the year. ## **44, Ridgeway Road** The long term tenant moved out of the property in August but Woodlands managed to find a new tenant who moved in during September. Whilst the property was unoccupied it was decorated throughout and a few necessary repairs carried out. The property passed all required inspections including a full electrical inspection which is required to comply with new regulations. Our grateful thanks go to all who have contributed to the curtailed life of St Matthew’s during this turbulent year. It is our fervent hope that we will be able to write a very different report for 2021. Page | 5 **FINANCIAL REVIEW** Despite the turbulence and volatility caused by the Covid-19 pandemic, the year-end results revealed a surplus of income over expenditure of **£24,867** on **unrestricted funds,** and **£99,591** on **restricted funds,** as detailed on pages 7 to 14 in the Financial Statements. The salient figures relating to this are: - **Stewardship (Planned Giving) - £89,886,** an increase of 11% over 2019 _(£80,920)._ A tremendous achievement, when viewed against the uncertainty of last year. Thank you to everyone who has been able to maintain and sustain their Giving. - **Gift Aid** claimed from Stewardship amounted to **£17,111** _(2019-£15,781)_ - **General Donations** (towards Church funds) increased by 38% to **£10,222** - **Car Park rental fees** generated **£9,360** , emanating from Volt Europe, who paid for 12 months ’rental, and only used the car park for the first 2 months of the year. - **Hall Lettings** at **£14,494,** saw a reduction of 64%, (because of closures), over 2019. Albeit this was tempered with the receipt of a **“Loss of income” Grant of £9,000** from Surrey County Council. - **Parish Pledge - £87,100** _(2019- £85,400)_ We were able to honour our Pledge to the Diocese for 2020, which was paid in full. - **Hall & Church** closures during the year resulted in a reduction in Running costs: - **Church Running costs - £6,600,** a 19% reduction on 2019 _(£8,145)_ - **Hall Running costs - £14,408,** a 42% reduction, compared to 2019 _(£24,737)_ - **Church & Hall Insurance** premium was reduced by 50% to **£4,855** _(2019-£9,700),_ the result of excellent research by Julia & Chris, who were able to retain the present level of cover. - **Church & Hall Maintenance** at **£5,501** saw a reduction of 48% on 2019 expenditure. ## **Restricted Funds:** The unprecedented demand for the **Foodbank, (£113,653)** also saw a tremendous wave of generosity from the Community, resulting in **£140,751** of donations/Gift Aid. The net Surplus on restricted funds is primarily relating to Foodbank activity during the year. **The Organ (£2,876)** expenditure of **£10,068** was for a major repair, which was fully funded from receipt of **Grants of £5,750** and **Donations of £5,326. The Redevelopment Fund (£16,611)** retains legacies, bequests, and specific donations, and covers future major repairs/projects to the Church & Hall fabric. The **Grants (£1,405)** are used for specific needs, including those involving the children & young people. ## **RESERVES POLICY** Our aim is to maintain a balance on our **General Fund (unrestricted)** equating to 3 months’ unrestricted payments. Although, not a “typical” year, these payments averaged **£11,400** in 2020. Our **General Fund** now stands at **£51,212,** putting us in a strong position to face the challenges of 2021. On behalf of the PCC, Julia Elfred & Chris Roulston (Church Wardens) Approved by the PCC, on 9[th] March 2021, and signed on their behalf by Reverend Canon Andrew Cunnington (PCC Chairman) Page | 6 ## **Parochial Church Council of St Matthew, Redhill STATEMENT OF FINANCIAL ACTIVITIES For the year ending 31[st] December 2020** |**INCOMING RESOURCES**
**Note:**
**Voluntary Income**
**2(a)**
**Activities for Generating Funds**
**2(b)**
**Income from Investments**
**2(c)**
**Income from Church Activities**
**2(d)**
**Other Incoming Resources**
**2(e)**
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
**Church Activities**
**3(a)**
**Other Resources Expended**
**3(b)**
**Raising Funds**
**3(c)**
**TOTAL RESOURCES EXPENDED**
**NET INCOMING RESOURCES**
**NET MOVEMENT IN FUNDS**
**Balances 1st January 2020**
**Balances 31st December 2020**|**Unrestricted**
**Funds**|**Restricted**
**Funds**|**TOTAL**
**2020**|**FUNDS**
**_2019_**| |---|---|---|---|---| ||**119,323**
**154,095 273,418**
**19,902**
**842**
**20,744**
**0**
**0**
**0**
**16,329**
**16,329**
**9,803**
**9,803**|||_124,759_
_26,389_
_0_
_46,327_
_3,083_| ||**165,357**
**154,937 320,294**|||**_200,558_**| ||**136,955**
**53,783 190,738**
**3,446**
**1,563**
**5,009**
**89**
**89**|||_175,355_
_3,767_
_87_| ||**140,490**
**55,346 195,836**|||**_179,209_**| ||**24,867**
**99,591 124,458**
**58,661**
**34,954**
**93,615**|||_21,349_
_72,266_| |||||| ||**83,528**
**134,545 218,073**|||**_93,615_**| The Notes on Pages 9 to 14 form part of these Accounts. Page | 7 ## **Parochial Church Council of St. Matthew, Redhill** ## **BALANCE SHEET as at 31st DECEMBER 2020** |**Notes**
**FIXED ASSETS**
**Tangible**
**Note 5(a)**
**CURRENT ASSETS**
**Debtor**
**s**
**Note 6**
**Cash at Bank**
**Petty Cash**
**LIABILITIES**
**Amounts falling due in one year Note 7**
**NET CURRENT ASSETS**
**Total Assets less Current Liabilities**
**Liabilities falling due after one year**
**TOTAL NET ASSETS**
**PARISH FUNDS:**
**Note 8**
**Unrestricted**
**Note 9**
**Restricted**
**Note 9**|**2020**| |---|---| ||**218,073**| Approved by the Parochial Church Council on 9th March 2021 and signed on its behalf by Rev'd Canon Andrew Cunnington (PCC Chairman) The Notes on pages 9 to 14 form part of these Accounts. Page | 8 **Parochial Church Council of St. Matthew, Redhill** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2020** ## **NOTE 1. ACCOUNTING POLICIES Basis of Financial Statements** The Financial Statements have been prepared under the current Church Accounting Regulations i accordance with the applicable accounting Standard FRS 102 and the current Statement of Recommended Practice Accounting and Reporting by Charities (SORP 2015). The Financial Statements have been prepared under the historical cost convention. They include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of Church Groups that owe their main affiliation to another body, nor those that are informal gatherings of Church members. ## **Fund Accounting** _**RESTRICTED FUNDS**_ comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor, and (b) revenue donations or Grants for a specific PCC activity intended by the donor. Any balance remaining unspent at the end of each year, must be carried forward as a balance on that Fund. The PCC does not usually invest separately for each Fund. Where there is no separate investment, interest is apportioned to individual Funds on an average balance basis. _**URESTRICTED FUNDS**_ are General Funds of the PCC that are not subject to any restrictions regarding their use, and are available for application on the general purposes of the PCC. Funds _**DESIGNATED**_ for a particular purpose by the PCC are also unrestricted. ## **Incoming Resources** Planned Giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate, is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. All other income is recognised when it is receivable. Amounts received specifically for Mission are dealt with as restricted funds. All incoming resources are accounted for gross. ## **Resources Expended** Grants and donations are accounted for, when paid over, or when awarded, if that award creates a binding or constructive obligation of the PCC. The Parish Support Fund (Pledge) expected to be paid over, is accounted for when due. All other expenditure is generally recognised when it is incurred and is accounted for gross. ## **Fixed Assets** Consecrated and benefice property is not included in the accounts in accordance with s10(2a) and (c) of the Charities Act 2011. Movable Church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the Financial Statements. Subsequently, no individual item has cost more than £5,000 so all such expenditure has been written-off when occurred. Fixed asset retained for Church use is the Freehold property at 44, Ridgeway Road, Redhill, purchased prior to 1970 for £6,575. A policy of non-depreciation has been adopted for both the annual depreciation charge and the accumulated depreciation is not material to the Financial Statements as the residual value is higher than the cost at which it is included in the Financial Statements. Equipment used within the Church premises is depreciated on a straight-line basis over four years. Individual items of equipment with a purchase price of £5000 or less are writtenoff when the asset is acquired. Page | 9 |**Note 2INCOMING RESOURCES**|**Note 2INCOMING RESOURCES**|**Unrestricted**|**Restricted**|**TOTAL**|**FUNDS**|| |---|---|---|---|---|---|---| |||**Funds**|**Funds**|**2020**||_2019_| |**2(a)**|**Voluntary Income**|||||| ||Planned Giving-Stewardship|**89,886**||**89,886**||_80,920_| ||Gift Aid Rec'd-Stewardship|**17,111**||**17,111**||_15,781_| ||Collections (Open Plate)|**2,104**||**2,104**||_5,162_| ||General Donations|**10,222**||**10,222**||_7,402_| ||Foodbank-Donations/GiftAid||**140,751**|**140,751**||_6,239_| ||Donations, Appeals, etc||**1,721**|**1,721**||_7,067_| ||Organ Fund-Donations||**5,326**|**5,326**||_125_| ||Redevelopment-Donations inc Cabinet||**547**|**547**||_1,468_| ||Organ Fund-Grants||**5,750**|**5,750**|_WCraddock_|_595_| |||**119,323**|**154,095**|**273,418**|**_124,759_**|| |**2(b)**|**Activities for Generating Funds**|||||| ||Rent-44, Ridgeway Road|**9,083**||**9,083**||_12,768_| ||Car Park|||||| ||Fees|**9,360**||**9,360**||_9,360_| ||P.O. Photocopying Charges|**264**||**264**||_345_| ||Church Use|**1,195**||**1,195**||_2,190_| ||Redevelopment-Gift Aid||**30**|**30**||_195_| ||Redevelopment-Commission "Evryclik"||**49**|**49**||_121_| ||Organ Fund-Gift Aid||**763**|**763**|_ChurchFair 1,410_|| |||**19,902**|**842**|**20,744**|**_26,389_**|| |**2(c)**|**Income from Investments**||(No Bank Interest|received)||_0_| |**2(d)**|**Income from Church Activities**|||||| ||Church Hall Lettings|**14,494**||**14,494**||_41,113_| ||Welcare Fundraising|**0**||**0**|_QuizNite_|_732_| ||St. Bede's|**0**||**0**||_125_| ||Fees(Baptisms,Weddings,etc|**950**||**950**||_1,108_| ||Magazine|||||| ||Adverts|**330**||**330**||_420_| ||Serving the Community|**0**||**0**||_194_| ||Coffee|||||| ||Shop|**555**||**555**||_2,635_| |||**16,329**||**16,329**|**_46,327_**|| |**2(e)**|**Other Incoming Resources**|||||| ||Friends of St. Matthew|**45**||**45**||_152_| ||Grant-Surrey County Council|**9,000**||**9,000**|_SthLondonChF 750_|| ||Social Fund-Murder Mystery|**525**||**525**||_748_| ||Insurance Claim-Water damage|**0**||**0**||_1,133_| ||Bank Charges-reclaim-Foodbank|**233**||**233**||_0_| ||||||_ToddlerGroup_|_300_| |||**9,803**||**9,803**||**_3,083_**| |**TOTAL INCOMING RESOURCES**||**165,357**|**154,937**|**320,294**|**_200,558_**|| Page | 10 |**Note 3RESOURCES EXPENDED**|**Note 3RESOURCES EXPENDED**|**Unrestricted**|**Restricted**|**Restricted**|**TOTAL**|**FUNDS**|| |---|---|---|---|---|---|---|---| |||**Funds**|**Funds**||**2020**||**_2019_**| |**3(a)**|**Church Activities**||||||| ||Missions & Charitable Giving||**1,721**||**1,721**||_7,067_| ||Welcare (Annual Contribution)|**680**|||**680**||_732_| |||**680**|**1,721**||**2,401**||_7,799_| ||**Ministry:**||||||| ||Parish Pledge|**87,100**|||**87,100**||_85,400_| ||Clergy/Staff Expenses|**8,171**|||**8,171**||_8,322_| ||**Church:**||||||| ||Church Insurance|**4,855**|||**4,855**||_9,700_| ||Church Running Costs|**6,600**|||**6,600**||_8,145_| ||Church & Hall Maintenance|**5,501**|||**5,501**||_10,576_| ||**Upkeep of Services:**||||||| ||Worship Xps (inc Music, Altar Requisites|**6,799**|||**6,799**||_7,626_| ||Children & Young People/Jnr Church|**97**|||**97**||_93_| ||Hall Running costs|**14,408**|||**14,408**||_24,737_| |||||||_Robes_|| ||Choir Fund|**0**|||**0**|_80_|| ||44, Ridgeway Rd., Insurance|**206**|||**206**||_583_| ||Serving the Community|**0**|||**0**||_486_| ||Communication|**472**|||**472**||| ||Organ Repair||**10,068**||**10,068**||| ||Hall Fabric|**0**|||**0**|_Tables/Chairs_|_6082_| ||Foodbank-Trfs to Foodbank @St. Matthew's||**41,000**||**41,000**|_incPhotocopyg3298_|| ||Foodbank-Bank&Photocopying Chgs/Cleaning|||**994**|**994**||| ||Flowers|**297**|||**297**||_379_| ||Gardens|**126**|||**126**||_65_| ||Social Fund - Murder Mystery|**344**|||**344**||_937_| ||Social Fund - Missions Top-up|**301**|||**301**|_St,Bede's_
_125_|| ||Bank Charges|**998**|||**998**||_922_| |||**136,955**|**53,783**||**190,738**|**_175,355_**|| |**3(b)**|**Other Resources Expended**||||||| ||Coffee Shop|**2,023**|||**2,023**||| ||Grants|||**0**|**0**|_FamFunDay_|_1046_| ||Grants - Noticeboards||**1,563**||**1,563**||_132_| ||Parish Office (inc Photocopier)|**1,062**|||**1,062**||_2,188_| ||Parish Telephone|**361**|||**361**||_401_| |||**3,446**|**1,563**||**5,009**||_3,767_| |**3(c)**|**Raising Funds**||||||| ||Giving Envelopes|**89**|||**89**||_87_| |||**89**|||**89**||_87_| |**TOTAL RESOURCES EXPENDED**||**140,490**|**55,346**||**195,836**|**_179,209_**|| Page | 11 **Note 4(a) STAFF COSTS** 2020 _2019_ **12,246** _13,108_ Wages and Salaries During the year the PCC employed a Director of Music, Church Cleaner, and a Personal Assistant, (all part-time), with no payments large enough to attract Tax and National Insurance costs. ## **Note 4(b)** ## **PAYMENT TO PCC MEMBERS** No payment or expenses were made to any PCC Member or persons closely connected to them, or related Parties. ## **Note 5** ## **FIXED ASSETS** |**FIXED ASSETS**|||||| |---|---|---|---|---|---| ||(All|**Freehold**|||| |**Tangible**|Unrestricted)|**Land**||**Church**|| |||**and Buildings **||**Equipment**|**TOTAL**| |**ACTUAL COST as at 1st Jan 2020**||6,575||0|6,575| |Disposals||0||0|0| |Additions at Cost||0||0|0| |**BALANCE as at 31st Dec 2020**||**6,575**||**0**|**6,575**| The Freehold land and buildings comprise semi-detached property at 44, Ridgeway Road, Redhill. Purchased prior to 1970. ## **DEPRECIATION** The accumulated depreciation is not material to the Financial Statements, as the residual value is higher than the cost at which it is included in the Financial Statements. Equipment used within the Church premises is depreciated on a straight - line basis over 4 years. Individual items of equipment with a purchase price of £5,000 or less, are written-off when the asset is acquired. Nothing over £5000 acquired in last 4 years. ## **CURRENT ASSETS:** |**Note 6**
**Note 7**
**Note 7(a)**|**Debtors:**
Gift Aid - Stewardship
Missions-Welcare/Stripey Stork
**LIABILITIES**
**Amounts falling due in one year**
Nil
**Amounts falling due after one year**
Nil
**Other Commitments**|**2020**| |---|---|---| FRS 102 requires us to disclose material binding commitments. We have a Hire Agreement for our Photocopier, with Hire costs of £576 per annum. This figure is included in Parish Office expenditure. (See Note 3(b) on Page 11) Page | 12 **Note 8 FUNDS** ## **Designated Unrestricted Funds as at 31st December 2020:** Cash, 44,Ridgeway Road, Friends of St. Matthew's, Youth Resources, Vicarage, General Fund, Church & Hall Maintenance, Church Hall Fabric, Social, Choir, Coffee Shop, ## **Fund Movements: (Unrestricted)** |**Fund:**
**Balance**
**Cash**
**44,Ridgeway Rd**
**Friends of St.**
**M's**
**Youth**
**Resources**
**Vicarage**
**General Fund**
**Maintenance**
**Hall Fabric**
**Social**
**Choir**
**Coffee Shop**||**01/01/2020**
22
6,575
360
579
839
36,076
3
8,859
377
1,113
3,858||**Income**
37,235
134,662
288
9,360
39|**Income**
37,235
134,662
288
9,360
39|**Trfs IN**
60
1,600
36,973
5,500
486
555|**Trfs IN**
60
1,600
36,973
5,500
486
555|**Expenditure**
-263
-134,640
-5,789
-344
-2,023|**Expenditure**
-263
-134,640
-5,789
-344
-2,023|**Trfs**
**OUT**
-36,958
-15
-21,859||**Bal**
**31/12/20**
**36**
**6,575**
**405**
**579**
**2,439**
**51,212**
**2**
**18,219**
**558**
**1,113**
**2,390**| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||**58,661**||**181,584**||**45,174**||**-**
**143,059**||**-58,832**||**83,528**| ## **Restricted Funds as at 31st December 2020** Church Organ, Grants (inc Youth), Foodbank, Redevelopment ## **Fund Movements (Restricted)** |**Fund**
**Balance**
**Church Organ**
**Grants (inc**
**Youth)**
**Foodbank**
**Redevelopment**||**01/01/2020**
1,105
2,968
14,896
15,985||**Income**
9,664
129,739
155|**Income**
9,664
129,739
155|**Trfs IN**
2,175
11,012
471|**Trfs IN**
2,175
11,012
471|**Expenditure**
-10,068
-1,563
-41,994|**Expenditure**
-10,068
-1,563
-41,994|**Trfs**
**OUT**|**Bal**
**31/12/20**
**2,876**
**1,405**
**113,653**
**16,611**| |---|---|---|---|---|---|---|---|---|---|---|---| |||**34,954**||**139,558**||**13,658**||**-53,625**|||**134,545**| Page | 13 ## **Note 9** |**Note 9**|||||| |---|---|---|---|---|---| |**Fund Movement analysis:**
**Net Incoming Resources**
**FUNDS as at 1st January 2020**
**Cash**
**44, Ridgeway Road**
**Youth**
**Resources**
**Friends of St. Matthew's**
**Vicarage**
**General Fund**
**Church & Hall Maintenance**
**Hall Fabric**
**Social**
**Choir**
**Coffee Shop**
**Organ**
**Grants (inc Youth)**
**Redevelopment**
**Foodbank**
**Funds as at 31st December 2020**
**Cash**
**44, Ridgeway Road**
**Friends of St. Matthew**
**Youth**
**Resources**
**Vicarage**
**General Fund**
**Church & Hall Maintenance**
**Hall Fabric**
**Social**
**Choir**
**Coffee Shop**
**Organ**
**Grants (inc Youth)**
**Redevelopment**
**Foodbank**
**ANALYSIS OF NET ASSETS BY FUND**
**Tangible Fixed Assets**
**Current Assets**
**Liabilities: Falling due in one year**
**Falling due after one year**|**Unrestricted**
**Funds**||**Restricted**
**Funds**||**Total**
**Funds**| ||**24,867**
**22**
**6,575**
**579**
**360**
**839**
**36,076**
**3**
**8,859**
**377**
**1,113**
**3,858**
**83,528**
**36**
**6,575**
**405**
**579**
**2,439**
**51,212**
**2**
**18,219**
**558**
**1,113**
**2,390**
**83,528**
**6,575**
**76,953**
**0**
**0**
**83,528**||**99,591**
**1,105**
**2,968**
**15,985**
**14,896**||**124,458**
**22**
**6,575**
**579**
**360**
**839**
**36,076**
**3**
**8,859**
**377**
**1,113**
**3,858**
**1,105**
**2,968**
**15,985**
**14,896**| ||||**134,545**||**218,073**| ||||**2,876**
**1,405**
**16,611**
**113,653**||**36**
**6,575**
**405**
**579**
**2,439**
**51,212**
**2**
**18,219**
**558**
**1,113**
**2,390**
**2,876**
**1,405**
**16,611**
**113,653**| ||||**134,545**||**218,073**| ||||**134,545**
**0**
**0**||**6,575**
**211,498**
**0**
**0**| ||**83,528**||**134,545**||**218,073**| Page | 14