_**Charity number: 1132845**_
## **Christ Church Brixton Road**
**(A Parochial Church Council registered as a charity, number: 1132845)**
## **Financial Statements**
## **and**
## **Trustees' Report**
**for the year ended 31 December 2020**
**Independent Examiner Anthony Armstrong FCA Armstrong & Co**
_Chartered Accountants & Statutory Auditors_ Unit 4A Printing House Yard London E2 7PR
Document Ref: SQYD4-TQGZM-WTDJB-TATMN
Page 1 of 20
**(A Parochial Church Council registered as a charity, number: 1132845)**
**Index to the Financial Statements for the year ended 31 December 2020**
## AT **Christ Church Brixton Road**
||**Page**|
|---|---|
|**Index to the Financial Statements**|**2**|
|**Trustees' Report**|**3 - 7**|
|**Statement of Trustees' Responsibilities**|**8**|
|**Independent Examiner's Report**|**9**|
|**Statement of Financial Activities**|**10**|
|**Balance Sheet**|**11**|
|**Statement of Cash Flows**|**12**|
|**Accounting Policies**|**13 - 14**|
|**Notes to the Accounts**|**15 - 20**|
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Document Ref: SQYD4-TQGZM-WTDJB-TATMN
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**(A Parochial Church Council registered as a charity, number: 1132845)**
## AT **Christ Church Brixton Road**
## **Trustees' Report for the year ended 31 December 2020**
The Trustee, Churchwardens of Christ Church Brixton Road present their report together with the financial statements for the year ended 31 December 2020.
## **Aim and Purpose**
The Parochial Church Council of Christ Church Brixton Road has the responsibility of co-operating with the incumbent, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It is also specifically responsible for maintenance of the church buildings of Christ Church, Brixton Road, London SW9.
## **Objects and Activities**
The PCC is committed to developing the role of Christ Church in the local community and to enabling as many people as possible to worship at our church, become part of our parish community and use the buildings in our care.
We have considered the Commission’s guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. In particular we try to enable ordinary people to live out their faith as part of our parish community. Our vision for how we aim to do this is summed up in our mission statement:
We see ourselves as ‘a church for everyone’ and aim to ensure that everyone who attends any of our services or activities is welcomed and enables to engage with all that we do if they so wish; Christ Church is affiliated to ‘Inclusive Church’.
In 2019 the PCC approved a Mission Action Plan (MAP) designed to reflect and embody the Mission (Purpose) Statement agreed in 2018.
## **Safeguarding and Safety**
The PCC has a responsibility to ensure the adequate safeguarding of children and vulnerable adults who are present at any of our services and activities, or who visit our church site, and indeed to ensure the general safety of everyone who uses the building or engages with the church’s ministry. Training in safeguarding is an important element in ensuring that our policy in implemented and this year the PCC received appropriate training in this regard. The Safeguarding Policies were also reviewed and PCC is grateful to Ms Julie Green for her work as Parish Safeguarding Officer. There were no safeguarding incidents to report. The PCC also maintains and implements policies relating to GDPR, Health and Safety, Fire Safety, and carries out regular general and activity specific Risk Assessments. During 2020 significant work was done to ensure that the building was COVID safe when open and all government guidelines were followed.
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**(A Parochial Church Council registered as a charity, number: 1132845)**
## AT **Christ Church Brixton Road**
## **Trustees' Report for the year ended 31 December 2020**
## **Achievements and performance**
Much of 2020 was spent in lockdown, this significantly impacted the work of the church and our partners.
In August 2020, our incumbent Rev Tim Jeffreys sadly died. This has been a significant loss for the church family, particularly as the funeral and memorial service had to take place during the lockdown restrictions. The following tribute appeared in The Bridge newspaper published by the Diocese of Southwark.
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## AT **Christ Church Brixton Road**
## **(A Parochial Church Council registered as a charity, number: 1132845)**
## **Trustees' Report**
## **for the year ended 31 December 2020**
We wish to express our great thanks to Rev Richard Lloyd-Morgan, who has covered most of our Sundays since Tim died, and Rev Caroline Clarke, our Area Dean who have both supported us as a church family in the last few months. Also to Ven Simon Gates and Romana Nelson who have helped us navigate our obligations with the Diocese and supported us with the next steps for Christ Church Brixton Road.
During the lockdown Rev Tim broadcast, via Facebook, Morning and Evening Prayers each day, and Sunday services from the Vicarage or Church depending on the restrictions. When lockdown restrictions allowed we resumed in person services.
John Webster continued to support us as organist and we are grateful to have the consistency of his playing, and welcome him to the church family.
Carmen Brooks-Johnson continued with the pastoral care work as part of her role as SPA. Whilst some church members have returned to services or watched online and others have been part of the WhatsApp group there are a number of church members who have been housebound, shielding and unable to access online resources. Carmen has faithfully visited them over the year where possible and kept in touch by phone with them and their families.
The work to renovate the old vestry which opens off the northside of the apse was completed by Habitat for Humanity in early 2020. This now forms the 4th bedroom of the Community House. The Community of Christ the Servant sadly lost three members during the year because of the deaths of Tim Jeffreys and Shane Goodyear. Murrey Gove, who was a residential member, decided to move back to Newcastle. The remaining members have continued to meet where that has been possible, and have been supported by the Society of the Holy Trinity of which we are members.
The Café van Gogh, run in partnership with Raw Ingredients CiC (Community Interest Company) as a vegan cafe, has also had a challenging year. When possible the café opened, complying with government restrictions and contact tracing. For those months when that was not possible the PCC only charged the café a peppercorn rent.
Our primary school, ‘Christ Church Primary SW9’ as part of the SW9 Partnership, also had a challenging year, having to accommodate changing government restrictions. The loss of Rev Tim has been felt very keenly at the school, particularly as it had been a while since he had been able to be there in person. We have sought to support the church when we can with their weekly assemblies.
The ‘Food Cupboard’, opened when possible, sadly we could not allow the visitors to come in to the church, have tea and sandwiches, and select the food items as they would in ‘normal’ times. Instead prepacked bags of food have been handed out. In 2020 we distributed 1114 parcels. This work continued thanks to Marcel Berg, Liz Waldy, Carmen Brooks-Johnson and Zilah Wallendar volunteering their time. A number of new people have started coming during the lockdown as well those who have come for many years. The PCC are also grateful to the parishes which supply us with food; some just at harvest time, others at harvest and at other times throughout the year, and through financial donations. It is only because of the generosity of these parishes that the Food Cupboard was again able to distribute food throughout the year.
Likewise, when lockdown restrictions allowed, the Charity Shop volunteers enabled the shop and the church to be open on weekdays throughout the year, providing a valuable service to the local community and raising funds to be used to facilitate work with children and older people. This also enabled to church to be open for private prayer during the week, when in person services were not allowed.
## **Financial Review**
The results of the last year and the financial position of Christ Church are shown in the annexed financial statements.
The Statement of Financial Activities shows net incoming resources for the year £789 and reserves of £66,886. The PCC will strive to always maintain adequate financial reserves. This year we were able again to meet our pledge to the Southwark Diocesan Parish Support Fund despite a significant drop in our income.
During a year where our income sources were significantly reduced we were able to meet our commitments thanks to the donations from Church Halls Trust and Honeydawn Ltd.
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## AT **Christ Church Brixton Road**
## **(A Parochial Church Council registered as a charity, number: 1132845)**
## **Trustees' Report**
## **for the year ended 31 December 2020**
## **Tangible fixed assets for use by the charity.**
Fixed assets are set out in Notes 10 and 11 to the accounts.
## **Consolidated Accounts**
Consolidated financial statements (group accounts) are not required in respect of the PCC and its wholly owned subsidiary.
## **Independent Examiner's Report**
The Independent Examiner, Anthony Armstrong FCA of Armstrong & Co, has indicated his willingness to be proposed for reappointment.
## **Public Benefit**
Christ Church Brixton Road benefits the public by way of: regular worship that is open to all, the provision of sacred space for personal prayer and contemplation, pastoral work (including the visiting of the sick and the bereaved), teaching Christianity through sermons, courses and small groups, taking school assemblies, promoting the whole mission of the church through its assistance to older people, parents and children, and supporting charities in the UK and overseas.
## **Volunteers**
The worship and ministry of Christ Church is dependent on the volunteers who work and give their time freely, to keep the church functioning. Our particular thanks are due to Fola Stephens and Liz Waldy who served as our Churchwardens, to those who served on the PCC, and to all those who shared in facilitating our corporate worship. As previously mentioned, it is also the work of volunteers that allows both the Charity Shop and the weekly ‘Food Cupboard’ to operate, and the PCC is very grateful for all this support.
The PCC and church community remain grateful to Steve Hall who worked as the voluntary Parish Administrator during the early part of 2020, and to Marcel Berg who worked as Parish Administrator for the last part of the year.
## **Structure, governance and management**
The Parochial Church Council (PCC) is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure, The PCC is a Registered Charity, and the PCC members are Charity Trustees.
The method of appointment of PCC members is set out in the Church Representation Rules. At Christ Church the membership of the PCC consists of the incumbent (our vicar), churchwardens, and members elected by those members of the congregation who are on the electoral roll of the church. All those who attend our services / members of the congregation are encouraged to register on the electoral roll and stand for election to the PCC if they wish. The Electoral Roll was renewed this year and at the end of the year stood at 65 again. Two names came off the Roll and two new names were added.
The PCC are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. The PCC largely met via Zoom during 2020. This was unfortunate and meant that some PCC members did not attend meetings.
The PCC met 6 times during the year, mostly on Zoom. The PCC did not operate any committees or working parties this year with the exception of the Standing Committee, and this committee did not meet. (The Standing Committee is the only committee required by law. It has power to transact the business of the PCC between its meetings, subject to the approval of the Council.)
The PCC has connections with one charity: The Christ Church Brixton Road Church Halls Trust, constituted by trust deed, charity number 802522, registered at 90 Brixton Road, London SW9 6BE.
## **Administrative Information**
Christ Church Brixton Road is situated on Brixton Road in the London Borough of Lambeth. It is part of the Diocese of Southwark within the Church of England. Registered Charity number: 1132845.
## The contact details are:
Parish Office, Christ Church, 90 Brixton Road, London SW9 6BE. Telephone number : 020 7587 0375, Email: admin@christchurchbr.org.uk Website: www.christchurchbr.org.uk
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**(A Parochial Church Council registered as a charity, number: 1132845)**
## AT **Christ Church Brixton Road**
## **Trustees' Report**
## **for the year ended 31 December 2020**
Members of the Parochial Church Council (PCC) who have served at any time from 1 January 2020 until the date this report was approved are:
Ex Officio members:
**Incumbent:** The Reverend Tim Jeffreys _(Chair) died August 2020_ **Churchwardens:** Folashade Stephens Ms Liz Waldy **PCC Members (Elected):** Cyril Ashley, _representative on Deanery Synod_ Carmen Brooks-Johnson, _representative on Deanery Synod_ Cynthia Deen Kathie Goddard Charlotte Murega Pam Okore Eunice Williams Paulette Williams Julie Green, _co-opted in Oct 2020_ Zilah Wallendar, _co-opted in Oct 2020_ Shane Goodyear, _co-opted in Oct 2020, died December 2020_
_(In the absence of an elected Treasurer the churchwardens served as Treasurer by default._
The financial statements were approved by the PCC on 18 May 2021 and signed on its behalf by:
**Liz Waldy Trustee, Churchwarden**
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**(A Parochial Church Council registered as a charity, number: 1132845)**
**Statement of Trustees' Responsibilities for the year ended 31 December 2020**
## AT **Christ Church Brixton Road**
## **Statement of trustees' responsibilities**
Charity law in England and Wales requires the PCC to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the PCC are required to:
- a) Select suitable accounting policies and apply them consistently;
- b) Observe the methods and principles in the Charities SORP;
- c) Make judgements and estimates that are reasonable and prudent;
- d) Follow applicable accounting standards and statements of recommended practice, subject to any material departures disclosed and explained in the accounts;
- e) Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in operation.
The PCC is responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the governing document. The PCC is also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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AT **Christ Church Brixton Road**
**(A Parochial Church Council registered as a charity, number: 1132845)**
## **Independent Examiner's Report to the Parochial Church Council of Christ Church Brixton Road**
I report on the accounts of Christ Church Brixton Road for the period from 1 January 2020 to 31 December 2020 set out on pages 10 to 20. My report is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 ('the Regulations') and the Charities Act 2011 ( 'the 2011 Act' ).
This report is made solely to the charity's trustees as a body in accordance with section 145 of the 2011 Act and regulations made under section 154 of that Act. My examination has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity's trustees as a body, for my examination, for this report, or for the opinions I have formed.
## **Respective responsibilities of members of the trustees and the examiner**
As described on page 8, the charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the 2011 Act and that an independent examination is needed. The charity is preparing accrued accounts.
It is my responsibility to:
- a) examine the accounts under section 145 of the 2011 Act;
- b) to follow the procedures laid down in the general Direction given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- c) to 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 material matters have come to my attention which gives me cause to believe that in, any material respect:
- a. the accounting records were not kept in accordance with section 130 of the 2011 Act; or b. the accounts did not accord with the accounting records; or
- c. the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Anthony Armstrong FCA **of Armstrong & Co** _Chartered Accountants & Statutory Auditor_
**4a Printing House Yard Hackney Road London E2 7PR**
## **18 May 2021**
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**(A Parochial Church Council registered as a charity, number: 1132845)**
## **Christ Church Brixton Road**
## **Statement of Financial Activities**
## **for the year ended 31 December 2020**
|**Notes**
**Income from:**
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
**Total income**
**Expenditure on:**
Raising funds
7
Charitable activities
8
**Total expenditure**
**Net income(expenditure) and movement in**
**funds**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
16
**Total funds carried forward**
16||||**2020**
**2019**
**Total Funds**
**Total Funds**
£
£
100,371
52,084
1,509
1,315
20,535
40,210
29
45
**122,444**
**93,654**
-
87
121,655
99,704
**121,655**
**99,791 **
789
(6,137)
**789**
**(6,137)**
66,097
72,234
**66,886**
**66,097**|
|---|---|---|---|---|
||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**||
||£
94,435
271
20,535
9|£
5,936
1,238
-
20|£
-
-
-
-||
||**115,250**|**7,194 **|**-**||
||-
115,043|-
6,612|-
-||
||**115,043**|**6,612**|**-**||
||207|582|-||
||**207**
18,786|**582**
47,311|**-**
-||
||**18,993**|**47,893**|**-**||
The accompanying accounting policies and notes form an integral part of these financial statements.
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## **Christ Church Brixton Road**
## **(A Parochial Church Council registered as a charity, number: 1132845)**
## **Balance Sheet**
## **as at 31 December 2020**
|**Notes**
**Fixed assets:**
Tangible assets
10
Investments
11
**Total fixed assets**
**Current assets:**
Debtors
13
Cash at bank and In hand
14
**Total current assets**
15
**Net current assets or liabilities**
**Total net assets**
**The funds of the charity:**
Restricted funds
18
Unrestricted funds
**Total charity funds**
16
**Creditors: amounts falling due within one year**|£
£
£
£
11,347
15,372
2
2
11,349
15,374
-
10,000
68,619
41,923
68,619
51,923
13,083
1,200
55,536
50,723
66,885
66,097
47,892
47,311
18,993
18,786
66,885
66,097
**31 December 2020**
**31 December 2019**|£
£
£
£
11,347
15,372
2
2
11,349
15,374
-
10,000
68,619
41,923
68,619
51,923
13,083
1,200
55,536
50,723
66,885
66,097
47,892
47,311
18,993
18,786
66,885
66,097
**31 December 2020**
**31 December 2019**|
|---|---|---|
||£
-
68,619
68,619
13,083|£
15,372
2|
|||15,374
50,723|
|||66,097|
|||47,311
18,786|
|||66,097|
## **Approved by the PCC on 18 May 2021 and signed on their behalf by:**
**Liz Waldy Trustee, Churchwarden**
_**The notes on pages 13 to 20 form part of these accounts.**_
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## **Christ Church Brixton Road**
## **(A Parochial Church Council registered as a charity, number: 1132845)**
## **Statement of Cash Flows for the year ended 31 December 2020**
|**Notes**
**Cash flows from operating activities:**
Net cash provided by (used in) operating activities
**1**
**Cash flows from investing activities:**
Dividends, interest and rents from investments
**Net cash provided by (used in) investing activities**
**Change in cash and cash equivalents in the reporting period**
**Cash and cash equivalents at the beginning of the reporting period**
**2**
**Cash and cash equivalents at the end of the reporting period**
**2**
**Notes to the Cash Flow Statement**
**1)**
**Adjustments for:**
Depreciation charges
Dividends, interest and rents from investments
(Increase)/decrease in debtors
Increase/(decrease) in creditors
**Net cash provided by (used in) operating activities**
**2) Analysis of cash and cash equivalents**
Cash in hand
**Total cash and cash equivalents**
**Reconciliation of net income/(expenditure) to net cash flow from**
**operating activities**
Net income/(expenditure) for the reporting period (as per the statement of financial
activities)|**2020**
£
26,666
29
29
26,695
41,924
**68,619**
**2020**
£
789
4,025
(29)
10,000
11,883
**26,666**
**2020**
£
68,619
**68,619**|**2019**
£
(12,168)|
|---|---|---|
|||45|
|||45|
|||(12,123)
54,047|
|||**41,924**|
|||**2019**
£
(6,137)
4,014
(45)
(10,000)
(1)|
|||**(12,168)**|
|||**2019**
£
41,924|
|||**41,924**|
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**(A Parochial Church Council registered as a charity, number: 1132845)**
## **Christ Church Brixton Road**
## **Accounting Policies for the year ended 31 December 2020**
## **1 Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with:
- a) Applicable UK accounting standards, including Financial Reporting Standard 102 section 1A Smaller Entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)'.
- b) Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP FRS 102);
- c) the Charities Act 2011.
## **Group accounts**
In accordance with section 139(2) of the Charities Act 2011, the charity is not required to prepare consolidated financial statements.
## **Public benefit entity**
The charitable company meets the definition of a public benefit entity under FRS 102.
## **Going concern**
There are no material uncertainties about the charity's ability to continue operating and accordingly the accounts have been prepared on a going concern basis.
## **Income recognition**
Voluntary income and donations (including legacies) are accounted for once the PCC has entitlement to the income, it is probable the income will be received and the amount of income receivable can be reliably measured. Income from the recovery of tax on gift aided donations is accounted for in the period in which the tax reclaim is submitted to HMRC. Grant income is recognised on a receivable basis.
The income from trading activities includes rental income from the letting of church premises, which is accounted for when earned. It is shown gross, with the associated costs included in raising funds costs.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
## **Expenditure recognition**
Expenditure is accrued as soon as a liability is considered probable, and the amount of obligation can be measured reliably. Longer term liabilities are discounted to present value. The PCC is not registered for VAT and accordingly expenditure includes VAT where appropriate.
Expenditure included in Raising Funds includes amounts incurred in obtaining grants and other donations and property maintenance costs.
Charitable expenditure includes those costs in fulfilling the PCC’s principal objects, as outlined in the Report of the PCC. These include grants payable, governance costs and an apportionment of support costs.
- Grants payable are payments made to third parties in furtherance of the PCC’s objects. In the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant award. The notification gives the recipient a reasonable expectation that they will receive the grant. Grants awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining unfulfilled condition attaching to that grant is outside of the control of the PCC.
- Governance costs comprise all costs involving the public accountability of the PCC and its compliance with regulation and good practice. These costs include costs related to the independent examination and legal fees.
- Rentals under operating leases are charged as incurred over the term of the lease.
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**(A Parochial Church Council registered as a charity, number: 1132845)**
## **Christ Church Brixton Road**
## **Accounting Policies for the year ended 31 December 2020**
## **Restricted Funds**
Restricted funds are to be used for specified purposes as laid down by the funder. Direct and support expenditure which meets these criteria are identified to the fund together with a fair allocation of other costs.
## **Unrestricted Funds**
Unrestricted funds are funds received which have no restrictions placed on their use and are available as general funds.
## **Designated Funds**
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
## **Tangible Fixed Assets**
## _Consecrated Property and Moveable Church Furnishings_
Consecrated land and benefice property such as the church building and vicarage is excluded from the accounts in accordance with s10 of the Charities Act 2011. Moveable church contents are held by the vicar and churchwardens on special trust for the PCC and require a faculty for disposal are accounted as inalienable property unless consecrated. All expenditure incurred on consecrated or benefice buildings and moveable church furnishings, whether maintenance or improvement, is expensed within the Statement of Financial Activities.
## _Other fixed assets_
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
|Furniture & fixture|- 10% on cost|
|---|---|
|Office equipment|- 33% on cost|
|Music equipment|- 5-10% on cost|
Items of equipment are only capitalised where the purchase price exceeds £200.
## **Investments**
Investments are shown in the balance sheet at closing market value. Surpluses or deficits on valuation are credited or charged to the SOFA.
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**(A Parochial Church Council registered as a charity, number: 1132845)**
## F **Christ Church Brixton Road**
## **Notes to the Accounts**
## **for the year ended 31 December 2020**
## **1 Incoming resources**
The incoming resources and surplus are attributable to the principal activities of the charity.
## **2 Net incoming resources**
|**Net incoming resources**
_Net incoming resources are stated after charging:_
Independent Examiners fees - Independent Examination services
Depreciation - owned assets
**Trustees' emoluments**|**2020**
£
1,200
4,025
-|**2019**
£
1,200
4,014|
|---|---|---|
|||-|
## **Trustees' emoluments**
Emoluments include salaries, fees, bonuses, expense allowances and estimated non-cash benefits receivable. All trustees serve in a voluntary capacity and do not receive payment for their services.
|**3**
**Donations and legacies**
Standing orders
Envelope giving
Loose giving
One-off gift aid donations
Lent appeal
Donations & appeals
Tax recovered on gift aid
Legacies
Recurring grants (Christ Church Brixton Road Halls Trust)
Non-recurring one-off grant
CJRS Grants
**4**
**Charitable activities**
Weddings, funerals & certificates
Food cupboard
**5**
**Other trading activities**
Church lettings
Charity shop - Honeydawn Limited
Christmas Fair
Other receipts
Café letting & service charge
**6**
**Investments**
Bank interest received|**Unrestricted**
£
1,996
4,862
3,331
130
-
4,702
-
-
71,414
8,000
-
94,435
**Unrestricted**
£
271
-
271
**Unrestricted**
£
5,120
9,600
5
-
5,810
20,535
**Unrestricted**
£
9
9|**Restricted**
£
-
-
-
-
-
5,021
-
-
-
-
915
5,936
**Restricted**
£
-
1,238
1,238
**Restricted**
£
-
-
-
-
-
-
**Restricted**
£
20
20|**2020**
**Total**
£
1,996
4,862
3,331
130
-
9,723
-
-
71,414
8,000
915
100,371
**2020**
**Total**
£
271
1,238
1,509
**2020**
**Total**
£
5,120
9,600
5
-
5,810
20,535
**2020**
**Total**
£
29
29|**2019**
**Total**
£
2,342
6,258
5,885
-
164
13,616
4,278
4,738
12,140
2,663
-|
|---|---|---|---|---|
|||||52,084|
|||||**2019**
**Total**
£
658
657|
|||||1,315|
|||||**2019**
**Total**
£
16,990
9,600
513
28
13,079|
|||||40,210|
|||||**2019**
**Total**
£
45|
|||||45|
Page 15
Document Ref: SQYD4-TQGZM-WTDJB-TATMN
Page 15 of 20
**(A Parochial Church Council registered as a charity, number: 1132845)**
## F **Christ Church Brixton Road**
## **Notes to the Accounts**
## **for the year ended 31 December 2020**
|**7**
**Raising funds**
Cost of Stewardships Campaigns
**8**
**Charitable activities**
Lent appeal
Charitable/Donations giving
Upkeep of services - general
Upkeep of services - music
Food Cupboard expenditure
Insurance
Heat & light
Repairs & maintenance
Hospitality
Parish Support Fund
Printing & photocopying
Parish training & mission
Telephone
Cleaning
Sundry expenses
Bank charges
Legal & professional fees
Admin honorarium
Depreciation
Staff costs
Independent Examiner's fees
**9**
**Staff costs**
Staff salaries
Staff pensions
Average number of employees during the year was:|**Unrestricted**
£
-
-
**Unrestricted**
£
-
1,089
1,551
1,947
-
5,322
7,087
44,451
793
29,000
3,063
480
4,264
2,873
175
65
-
3,378
1,732
6,573
1,200
115,043|**Restricted**
£
-
-
**Restricted**
£
-
-
-
-
1,296
-
-
2,108
-
-
-
-
-
-
-
-
-
-
2,293
915
-
6,612|**2020**
**Total**
£
-
-
**2020**
**Total**
£
-
1,089
1,551
1,947
1,296
5,322
7,087
46,559
793
29,000
3,063
480
4,264
2,873
175
65
-
3,378
4,025
7,488
1,200
121,655
**2020**
£
7,359
129
7,488
1|**2019**
**Total**
£
87|
|---|---|---|---|---|
|||||87|
|||||**2019**
**Total**
£
224
1,641
1,202
2,655
1,586
5,339
12,434
20,840
217
29,000
3,303
2,179
4,158
4,324
128
60
1,140
4,060
4,014
-
1,200|
|||||99,704|
|||||**2019**
£
-
-|
|||||-|
|||||-|
Average number of employees during the year was:
No remuneration was paid to any Trustee or their associates for services as a trustee during the year ended 31 December 2020 nor to 31 December 2019.
Page 16
Document Ref: SQYD4-TQGZM-WTDJB-TATMN
Page 16 of 20
## F **Christ Church Brixton Road**
## **(A Parochial Church Council registered as a charity, number: 1132845)**
## **Notes to the Accounts**
## **for the year ended 31 December 2020**
|**10 **
**11 **|**Tangible fixed assets**
**Tangible 1**
**Tangible 2**
£
£
**Cost**
As at 1 January 2020
-
-
As at 31 December 2020
-
-
**Depreciation**
As at 1 January 2020
-
-
Charge for the year
-
-
As at 31 December 2020
-
-
**Net book value**
As at 31 December 2020
-
-
As at 31 December 2019
-
-
**Investments**
**Market value**
As at 1 January 2020
As at 31 December 2020|**Tangible fixed assets**
**Tangible 1**
**Tangible 2**
£
£
**Cost**
As at 1 January 2020
-
-
As at 31 December 2020
-
-
**Depreciation**
As at 1 January 2020
-
-
Charge for the year
-
-
As at 31 December 2020
-
-
**Net book value**
As at 31 December 2020
-
-
As at 31 December 2019
-
-
**Investments**
**Market value**
As at 1 January 2020
As at 31 December 2020|**Furniture &**
**fixture**
£
26,553
26,553
15,449
1,120
16,569
9,984
11,104|**Office**
**equipment**
£
17,980
17,980
16,976
612
17,588
392
1,004
**#N/A**
£
-
-|**Music**
**equipment**
£
68,036
68,036
64,772
2,293
67,065
971
3,264
**Investments**
£
2
2|**Total**
£
112,569|
|---|---|---|---|---|---|---|
|||||||112,569|
|||||||97,197
4,025|
|||||||101,222|
|||||||11,347|
|||||||15,372|
|||||||**Total**
£
2|
|||||||2|
||||||||
||**Investments**|The investment relates to 100% of the share capital in Honeydawn Limited (Company
number: 2883916), a company set up to generate income for the Church. The shares are
held by Frederick Adebayo Tuga as nominee for the PCC.|||||
## **12 Investments in subsidiary**
Based on the draft accounts at 31 December 2020, the profit and loss account showed a deficit for the year of £12,969 (2019: deficit of £2,046). The aggregate share capital and reserves of Honeydawn Limited amounted to a surplus of £10,661 (2019: surplus of £23,630).
|**Balance sheet at 31 December:**
**Profit and loss account**
Turnover
Cost of sales
Gross profit
Administration expenses
Retained profit/(loss) carried forward
Interest receivable
Net profit/(loss) for year
Retained profit/(loss) brought forward
Retained profits
Represented by:
Share capital
**The results of Honeydawn Limited are shown below:**
Current assets
Current liabilities: due within one year|**2020**
£
11,311
11,311
(650)
10,661
2
10,659
10,661
8,627
(284)
8,343
(21,352)
40|**2019**
£
34,542|
|---|---|---|
|||34,542
(10,912)|
|||23,630|
|||2
23,628|
|||23,630|
|||19,419
(250)|
|||19,169
(21,284)
69|
||(12,969)
23,628
10,659|(2,046)
25,674|
|||23,628|
Page 17
Document Ref: SQYD4-TQGZM-WTDJB-TATMN
Page 17 of 20
**(A Parochial Church Council registered as a charity, number: 1132845)**
## F **Christ Church Brixton Road**
## **Notes to the Accounts**
**for the year ended 31 December 2020**
|**13 **
**14 **
**15 **
**16 **
**17 **
**18 **|**Debtors: amounts falling due within one year**
Other debtors
**Bank and cash in hand**
CAF Current Account
CAF Gold Account - Appeal
CAF Gold Account - Community
Petty cash
**Creditors: amounts falling due within one year**
Other creditors
PAYE/NI Control Account
Pensions control
Accruals
**The funds of the charity: current year**
_Restricted funds_
Restricted income funds
_Unrestricted funds_
General funds
**The funds of the charity: prior year**
_Restricted funds_
Restricted income funds
_Unrestricted funds_
General funds
**Restricted funds: current year**
Building Appeal
Food Cupboard
Youth & Educational Fund
Church Commissioners Mission Fund
Community of Christ the Servant Fund
Community Fund
Coronavirus Job Retention Scheme (CJRS)|**Opening**
**balance**
£
47,311
18,786
66,097
**Opening**
**balance**
£
52,894
19,340
72,234
**Opening**
**balance**
£
24,269
4,515
18
300
-
18,210
-
47,311|**Resources**
**arising**
£
7,194
115,250
122,444
**Resources**
**arising**
£
864
92,790
93,654
**Incoming**
**resources**
£
-
1,982
-
-
4,277
20
915
7,194|**Resources**
**utilised**
£
(6,613)
(115,043)
(121,656)
**Resources**
**utilised**
£
(6,507)
(93,284)
(99,791)
**Resources**
**expended**
£
2,293
1,296
-
-
-
2,108
915
6,613|**2020**
£
-
-
**2020**
£
23,174
11,066
34,329
50
68,619
**2020**
£
11,116
467
300
1,200
13,083
**Other**
**movements**
£
-
-
-
**Other**
**movements**
£
60
(60)
-
**Transfers &**
**adjustments**
£
-
-
-
-
-
-
-
-|**2019**
£
10,000|
|---|---|---|---|---|---|---|
|||||||10,000|
|||||||**2019**
£
11,895
11,802
18,210
16|
|||||||41,923|
|||||||**2019**
£
-
-
-
1,200|
|||||||1,200|
|||||||**Closing**
**balance**
£
47,892
18,993|
|||||||66,885|
|||||||**Closing**
**balance**
£
47,311
18,786|
|||||||66,097|
|||||||**Closing**
**balance**
£
21,975
5,201
18
300
4,277
16,121
-|
|||||||47,892|
Page 18
Document Ref: SQYD4-TQGZM-WTDJB-TATMN
Page 18 of 20
**(A Parochial Church Council registered as a charity, number: 1132845)**
## F **Christ Church Brixton Road**
## **Notes to the Accounts**
## **for the year ended 31 December 2020**
|**19 Restricted funds: prior year**
Building Appeal
Food Cupboard
Youth & Educational Fund
Lent Appeal
Church Commissioners Mission Fund
Community Fund|**Opening**
**balance**
£
26,556
5,430
18
-
300
20,591
52,895|**Incoming**
**resources**
£
-
671
-
164
-
29
864|**Resources**
**expended**
£
2,287
1,586
-
224
-
2,410
6,507|**Transfers &**
**adjustments**
**Closing**
**balance**
£
£
-
24,269
-
4,515
-
18
60
-
-
300
-
18,210
60
47,311|
|---|---|---|---|---|
## **Restricted funds (continued)**
Projects financed by restricted funds are supported by unrestricted funding where necessary. This occurs where the funding is in arrears or the incidence of expenditure on the project occurs disproportionately at the beginning of the project compared to the income flows. Where restricted projects end the year with a deficit, this is met by after year-end restricted income or transfers from unrestricted funds.
|from unrestricted funds.||
|---|---|
|**Building Appeal**|Used for funds specifically raised to pay for the repairs and improvements needed to the
fabric of the Church buildings.|
|**Food Cupboard**|Used toprovide food assistance to the needy.|
|**Youth & Educational Fund**|Used for Youth & Sunday School Provision.|
|**Organ Fund**|This represents the restricted element of the cost of the new organ purchased in 2008. The
cost was capitalised and is being depreciated over 10 years from 2008. The amount of
restricted resources expended represents the depreciation charge.|
|**Church Commissioners Mission**
**Fund**|Used for activities in connection with churches mission to the Parish of Christ Church,
Brixton Road.|
|**Community of Christ the Servant**
**Fund**|
Donations made by residential members of the community to offset the costs of running the
community, maintainingthe communityhouse and the wider work of the church.|
|**Community Fund**|Used to hold donations from Honeydawn Limited to be spent on facilitating work with
children or adults in the congregation orparish.|
|**Coronavirus Job Retention**
**Scheme (CJRS)**|The CJRS was introduced to help employers who cannot maintain their current workforce
because their operations are affected by the COVID-19 outbreak. The amount relates to the
furlough claims made to HMRC during the year. All the amounts received from the claims
have been paid to the employees who the claims relate to.|
|**20 Net assets attributable to funds: current year**
Tangible fixed assets
Current assets
Current liabilities
Net assets represented by funds
**21 Net assets attributable to funds: prior year**
Tangible fixed assets
Current assets
Current liabilities
Net assets represented by funds|**General**
**funds**
11,349
20,727
(13,083)
18,993
**General**
**funds**
15,374
4,612
(1,200)
18,786|**Designated**
**funds**
£
-
-
-
-
**Designated**
**funds**
£
-
-
-
-|**Restricted**
**funds**
£
-
47,892
-
47,892
**Restricted**
**funds**
£
-
47,311
-
47,311|**Endowment**
**funds**
£
-
-
-
-
**Endowment**
**funds**
£
-
-
-
-|**Total**
£
11,349
68,619
(13,083)|
|---|---|---|---|---|---|
||||||66,885|
||||||**Total**
£
15,374
51,923
(1,200)|
||||||66,097|
Page 19
Document Ref: SQYD4-TQGZM-WTDJB-TATMN
Page 19 of 20
**(A Parochial Church Council registered as a charity, number: 1132845)**
## F **Christ Church Brixton Road**
## **Notes to the Accounts**
## **for the year ended 31 December 2020**
## **22 Taxation**
The PCC is a registered charity. Accordingly, it is exempt from taxation in respect of income and capital gains to the extent that these are applied to its charitable objects.
## **23 Post balance sheet events**
There were no significant post balance sheet events.
## **24 Pension commitments**
The charity contributes to both employee defined contribution (DC) stakeholder pension and employee defined benefit (DB) schemes. The assets of the schemes are held separately from those of the charity in independently administered funds.
The unpaid contributions outstanding at the year end were:
**2020 2019** £ 300 £ -
## **25 Other financial commitments**
At 31 December 2020, the PCC had total commitments under non-cancellable operating leases over the remaining life of those leases of £5,620 (2019: £7,047).
## **26 Contingent liabilities**
The charity had no material contingent liabilities at 31 December 2020 nor at 31 December 2019.
## **27 Related parties**
During the year the members of the PCC and their related parties made aggregate donations of £2,824 (2019: £3,107).
## **28 Gifts in kind and volunteers**
During the year the charity benefited from unpaid work performed by volunteers.
Page 20
Document Ref: SQYD4-TQGZM-WTDJB-TATMN
Page 20 of 20
## Signature Certificate
Document Ref.: SQYD4-TQGZM-WTDJB-TATMN
Document signed by:
LIz Waldy Verified E-mail: lizwaldy@gmail.com IP: 86.11.245.40 Date: 09 Jun 2021 12:22:05 UTC
Tony Armstrong Verified E-mail: tony@armco.co.uk IP: 185.78.8.123 Date: 09 Jun 2021 15:56:00 UTC
Document completed by all parties on: 09 Jun 2021 15:56:00 UTC
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