# ## ## ## |During the|year the following
served|as members
ofthe PCC:|as members
ofthe PCC:| |---|---|---|---| |Rector:||The Revd Canon Dr Crispin Pailing (Chair)|| |Assistant|Priest:|The Revd Michelle Montrose|| |Assistant|Priest:|The Revd Bill Addy|| |Assistant|Curate:|The Revd Fergus Butler-Gallic
(until November 2020)|| |Wardens:||Mrs Pauline
Lewis|| |||Mrs Eva Cookey|| |Deanery Synod Representatives:||Mr Mark Lewis (until October|2020)| |||Mrs Lynn White (from October 2020)|| |||Mrs Emily Ridgway
(from November 2020)|| |Secretary:||Mr Guy Barker|| |Treasurer:||Mr Nick Ledingham|| |Other Elected Members:||Dr Rebecca Selman|| |||Mr Nick Ledingham|| |||Mrs Sarah Wrightson|| |||Mr Martyn
Cull|| |||Dr Sarah-Jane
Cull|| |||Mrs Elaine Price|| |||Mr John Mason (until October|2020)| |||Mr David Large|| |||Mrs Sarah Doyle|| |||Mr Guy Barker|| |||Dr Louis Johnson
(until June|2020)| |||Mr Peter Summerfield|| |||Captain Peter Woods (from October 2020)|| |In attendance:||lan Grant-Funck
(Parish Assistant)|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Olo
Ca|0
I|||0'0
oat
~0
0
Cl I|ca
0
I|g al
ol
0
Cl
I||0
~0
0||I
cl
CO|I
ca
I 0
DICO
N Cl||Cl
I
I|||N I|||IO Dl
N0
Ca Clie
Ol
IO|O
Cl
o"
Cl
Cl| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||Ol
O|'5|al
C
0||||||||||||||Cl
I|Cl
I||IO
IO Ol|I
$| |||||'0|||||||||||||||||||| ||||0
Ca|0
4t0 D
ale
Cl|||0
e||e|||||Ct
CO|||||D Cl
o0
IO Ca
Ca N|||I 0
IO Ca
Ca
CD|DI
I
la
CO
N| ||||ON||0
C||0)CD
Ol Ca
PIO
COCCI
I
N||C040
IO Cl
IO
Dl
CD||ca
I
N||e
aa|I
al I0
N0
N IO||Ca
I||||IO
I||D ca|48| |||Ct|||||||||||||||||||||| ||IO
Ct
0
ID
00C
IOC
4
0
v
0
4l
0|DII
Ct
CI4
0
Sl
E
al0
alO
T
Ot
4l0
C
4I
~
0
v
I0|Ct
acg
N I-
Ca 44 IL
IS
C
IU
O
IO.C C
O«aoe
0||||go
C NX
Ol Ol
CO
N|0
I
~0|Dl I
COCO
~o
lg
C4||0
0|||I
NN|00
ID
N0
05
IOC
l5|~0
CI
N
N|||IO
at
CD|Pl
al
Ca||g 0'0
~0
O
0 Ca
Ca Cl
IO I
QCfe
'0 lo
PN e
Ol I
I
C0 Ca
IO0
N|| |||U||'0|||||||||||||||||||| |CON0|||O
N|4I
~cl
ca
Ie
C0|||OO
IOC4CI
ed'I
COI
ca aa cl0 Ct n
eocDca
lo
OC||||0
IO
CD||ODD
CO0
N0
I
c4 04|||at
CO
Ca
Ct||||Ct
CO||ca
$$|| ||||||||||||||||I||||||||| |VZ|||||||NNNNN||||||||4l
0||||||||| |PO|||||||||||||||4t||||||||| |CO
0
Q
00
0C
0O
V||||||Ol
Ol
p
h0
ja
N 0
4l E c
4480
C
Otc 44 g
—Wg 8||C
0
DgJC
o0 ut||4I
C
44
ac
IU
Cl
0
0
0
4C|al
E8
C
0
c
tao
0 E
'4 0
& c
O
co
EN0
oo||N
8
Ot
'0
ca
Fg
al O
08&
0 4t
C go
u.0 Cn||Ot
40
N
Cl0
0
Ot4I
0
04 8
Cg
E Dl
0 'E
08
OO
Z
ZO||C0
E
IO
C
C
0
0
N
E9|O
N
ca
O
c
o|CD
la
O D
C ill
D 0
Zo|flC
C
0|I4'0
C
U
C
C
Ca
0
Ct)
la
la
Z
E
EgI I
ZZmm
al c||| ## |||Forthe year|
ended 31 December 20|20| |---|---|---|---|---| |||Notes|2020|2019| ||||6|8| |Fixed Assets||||| |Tangible||5(a)|43,295|48,120| |Investment||5(b)|562,163|530,140| |Sub Total|||605,458|578,260| |Current Assets||||| |Stock||||| |Debtors|||18,941|18,552| |Cash at bank and in hand|||88,533|92,975| |Sub Total|||107,474|111,527| |Liabilities||||| |Creditors - amounts|falling due «1 year||918|9,827| |Net Current Assetsl (Liabilities)||||| |Total assets less current liabilities|||108,558|101,900| |TOTAL NETASSETS|||712,014|680,160| |unrestricted'|||160,031|160,342| |Restricted|||13,875|25,372| |Endowment|||538,108|494,446| |TOTAL PARISH|FUNDS||712,014|680,180| ## ## ## ## |(FRS102)
2.Income|(FRS102)
2.Income|issu|ed on 16|July 2014, and with the Charities Act2011.|| |---|---|---|---|---|---| |Recognition||of|income:|These are included
in the Statement of Financial Activies (SoFA)when:|| |||||The charity becomes entitled to the resources;|| |||||It is more likely than not that the trustees
will receive the resources; and|| |||||The monetary
value can be measured
with sufficient
reliability.|| |Ofl'setting:||||There has been no offsetting ofassets and liabilities, or income and expenses, unless required or|| |||||permitted
by the FRS 102SORP or FRS 102.|| |Grants and||Donations:||Grants and donations are only included
in the SoFA when the general income recognition
criteria|are| |||||met (5.10-5.12FRS 102SORP).|| |||||In the case ofperformance
related grants, income must only be recognised to the extent that the|charity| |||||has provided
the specified goods or services as entitlement
to the grant only occurs when the|| |||||performance
related conditions are met (5.16FRS 102SORP)|| |Legacies:||||Legacies are included
in the SoFAwhen receipt is probable, that is, when there has been grant of|| |||||probate, the executors have established
that there are sufficient assets in the estate and any conditions|| |||||attached to the legacy are either within the control ofthe charity or have been met.|| |Tax reclaims:||||Gift Aid receivable
is included
in income when there is a valid declaration
from the donor.
Any Gift Aid|| |||||amount recovered
on a donation
is considered
tobe part ofthat gilt and is treated as an addition|to the| |||||same fund as the initial donation
unless the donor or the terms ofthe appeal have specified otherwise.|| |Support costs:||||The charity has incurred expenditure
on support costs.|| |Volunteer|help:|||The value ofany voluntary
help received is not included
in the accounts but is described
in the trustees'|| |||||annual
report.|| |Interest, dividends etc.||||Income from interest,
royalties and dividends
is included
in the accounts when receipt is probable|and| |||||the amount
receivable can be measured
reliably.|| |Investment||gains/losses||This includes
any realised or unrealised
gains or losses on the sale ofinvestments
and any gain|or loss| |||||resulting
from revaluing
investments
to market value atthe end ofthe year.|| |3.Expenditure|||and liabilities||| |Liability recognition:||||Liabilities are recognised where it is more likely than not that there isa legal or constructive
obligation|| |||||committing
the charity to pay out resources and the amount ofthe obligation can be measured
with|| |||||reasonable
certainty.|| |Creditors:||||The charity has creditors which are measured
at settlement
amounts less any trade discounts.|| |Financial|instruments:|||The charity accounts for basic financial
instruments
on initial recognition as per paragraph
10.7FRS 102
SORP. Subsequent
measurement
isas per paragraphs
11.17top 11.19,FRS 102SORP.|| |4.Assets|||||| |Investments:||||Fixed asset investments
in quoted shares, traded
bonds
and similar
investments
are valued
initially at|| |||||cost and subsequently
at fair value (their market value) at the year end. The same treatment
is|applied| |||||to unlisted
investments
unless fair value cannot be measured
reliably
in which case it is measured|atcost| |||||less impairment.|| |||||Investments
held for resale or pending
their sale and cash and cash equivalents
with a maturity|date of| |||||less than
1 year are treated as current asset investments.|| ## ||Cbo Nw
Nu|er 0
er oe
OdrDNN
Ol
ol
ol Noca
O' Cl
ocaca
N
Nca
I||0
r|cu c&
CO
N|d
co||ca
N
N|0
0
I
ID|ca
I||ro
CD|CO0 CC
IOO
I|CO0 CC
IOO
I|||N
ru
CI
ID
I| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||c
ra LI||||||||||||||||| ||Ol E N||||||||||||||||| ||O CID
D 0
IU ™L||||||||||||||||| ||Ol
'8 cu
la
O
D
ca ta 0
0
IL' IL|0 0
0
0 0
0
0 ID
lu
N||||||IO||ID|||||||| ||c E
Cc
OI0
ul
N'0
IL|el
co
el ool
odrucvN
ON
ol
ol l„oe
I
CDdl eoccla
ca
N
cv
Dl||0|ol cl
CD
cc|'a
ca||co
N
N
CV|oar
ON
I
Ol
ID I|||IO
0|~0 c
O N
COO
I|||eeral|ca
CO
III
ION| ||Ngw
Nl|ool ocaucde
Nelool
NOI
ro
uceNI oe
I caeNOONol
ca||0|N|Ol||||||I
CD|ul
Oll
co
ca||||IIO
Cr| ||Cf LI
No E
O (WD
N0c
D|Cl
0 IDO
ID
ONOCO
0
ONON
ca N ca
CV|||||||||||||||CO
CC
CC| ||IU||||||||||||||||| ||0N.CDN
O
N
N L
al||||||||||||||||| ||IL IL||||||||||||||||| ||la
0.'5-
ul
N EE|od
r ocrode
Cc0 ID CD I 0 N N
(D
ID P) N d
d
I
CO N Cl
CO
Cl
ca|N
'O0|CO
0
CO|CD @C\
0 eccl
CV
Ol||||||o|co
cl|Ie|N
ca
ca|||IO
I
Cl| ||||||||||||||||laal||| |e|||ca0||||||||||||||| |IU0
IL'
0
IO
ul
IL0Z
Z00Z
IV|00
0
0
OI|N
0
0
0—00
cZD
') E—
la+
la0
Z)8;
0
m o
x
-""80Z
Cl
CC
lu
CI
ta N
0 Ia
8'z 0|0
ra
Ol
CCal
5
N|0
Ol0
'Cl
Cl
N
0
IL O.|0
Ol0
CC
E 0
D '0
L
u Ol-||la
E000
ca|la
EZl
m0
m x
.,-Emo
0 Cr KI-|||00
0
I
O
E
0
ca|0
N0
N
$0-E
u. ~8
E 0 LX
0
m
0 o
Eg 08
D. Prnl-|||0
al
Olc
E
3
m
Dl|0
ca
crr
E
cl Z
EOm
0'0$ 0x0
mal
—rc I|0Z
0 IU
OO
ZZ
a0
CO
I- CO
0 ul
I- Z| ||CD e
O 0 el
N l||||O
O|O
O||O
IO||CD
O
C4|Ot|DI
C4|Cl||40
Ol
CC|'4
IO
CO|CD
I
CO
C4
CC|IO
IA||O
IA
IA|0
C4|N
IA
O
O
4!|Ol
CD
CA||||||||CD|N
Cl
IA
O
N|44
I
N
N|I
Ol
ml
ID| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||C0cx
0! E|||||||||||||||||||||||||||||||||| ||o %40|||||||||||||||||||||||||||||||||| ||C IL|||||||||||||||||||||||||||||||||| ||4I|||||||||||||||||||||||||||||||||| ||ID Ctl
0!.Ct 0
OSCC
N gC
IL IL|||||||||||||||Q|8|||||||||||||||||| ||'0|||||||||||||||||||||||||||||||||I| ||DI
fh
o eo
4t
L||||Ct|||||C4
co
IA
N|0!
I
0|C4
CD
I
N|IO
C4
'CF||XOÃ=
IO
CD
0! CS
CD
IA
N|||||O
CA
cF|C
C4|C4
I
O|Ch
I
Nle||||CO||I
ID
44||O
I
N|N
CA
IA
0|44
I
N
04|Dl
I
IO
Ul| ||44 TEN
Cto 0
C4 I||||IA
N||O
O
N|O
CD
bl||0
IA
CD
IO
C4|O
CA
IA|DI
I
bl|CI
CC
I||N
O
N|I
O|N
CD|I||CO|||IA
Ct||||g||m||cD
N|cD
CD
CD|et
N
4N|Ol
Ct
IOI| ||L
tlf 4l
o E
N IO
NO 0|||||||||||||||||||||||||||||||||| ||'8Q
oE
44 0 IC
O 0c
0
CC lL|||||||||||||||||||||||||||||||||| ||13|||||||||||||||||||||||||||||||||| ||Cl
O h-„
Ctt
CC CE
NSC
00||||||O
O
C4|O
0!
C4||O
tA
CO|O
CA
IA|N
CD
Ot
C4|4!||C4
IA
CD
C4|I
CO
CD
O|N
CD
I
CO||||||CD
IO
Ct||||Ct||~0||Ot
C4|CD
Oi|CC
«4|Ol
CC
Cl
44| |||||||||||||||||||||||||E0||||||'0||||| |CI
IU0X
Ul
IL
Ol
Ul0
IL00
ec
IL||Cl
4I
E
Dl
LII
L
O
44|Ol
C
Tll
0
L8
0
L
45
0
0
054|C
ClE
CL0
Cl
ID
0
0040 e0
0
Ot
OIYm|||IC
C
0
0
E
4t
E
0
Z|00
40
'0
4!
0
0
8
0
CA|'0
5|0
Cl
0
Cl
CL
00
CD|CL
X
p
O|Ct
ID
Ol
C
0L
0||45
L
L
L
0|0
Cl0
0
CL
x
ID
Ol0
C
2
L0
E
L
0|8
0
0
0E
0|I
2
e
0
0
I
a
0|c
ct
m
g0.
ID
CI|2
eE
O
m|e55ll
COB|CL
Cl
a 0
O.
CTI
094-|||2'
0
ID
CE
CO
Cl-I||Ol0
45
E
0
D
IL
0
44|B
0
E
L
IL|0E
ID
CC
Ol
ClE
C
I|IC|4I'0
C
4I
CL
4t||Y0a-
a 8
0 0
CO I-||CI
UI0X
UI
IL
IU
0| ## |5(a) FIXED|A|SSETS||||||| |---|---|---|---|---|---|---|---|---| |||||Freehold||land 3|Church|| |Tangible (Unrestricted)|||||building
2||equipment|Total
6| |Actual / Deemed cost||||As at 1/1|||66,889|66,889| |||||Disposal||||| |||||Additions at cost|||2,886|2,886| |||||As at 31/12|||69,775|69,775| |Depreciafion||||As at 1/1|||18,769|18,769| |||||Withdrawn
on||||| |||||disposals||||| |||||Charge for year|||7,711|7,711| |||||As at 31/12|||28,480|26,480| |Net Book Value||||As at 31/12|||43,295|43.295| |5(b) Investments|||||||2020
8|2019
6| |GLADSTONE||FUND||Historical cost|||169,498|152,139| |||||Market value|||191,602|189,039| |HAMPSON|AND SUNDRY|||Historical cost|||251,577|232,922| |BEQUESTS||||Market value|||277,398|276,883| |INVESTEC|Income Account|||Historical cost|||20,398|10,946| |||||Market value|||20,398|10,946| |OLSN EDUCATIONAL|||FUND|Historical cost|||19,902|19,902| |||||Market value|||30,486|28,524| |||||Accrued Interest|||5,546|4,671| |I 'POOL BLITZ MEM TRUST||||Historical cost|||6,250|6,250| |||||Market value|||8,205|7,445| |MUSIC ENDOWMENT|||FUND|Histodical Cost|||25,688|12,500| |||||Market Value|||28,529|12,632| |TOTALS||||Historical cost|||493,313|434,659| |||||Market value + Accrued|Interest||562,164|530,140| |The marke|t value as at 31egecamber|represents
investments
for| |---|---|---| |||f| |Unrestricted|funds|20,398| |Restricted|funds|13,751| |Endowment|funds|528,015| ## ||||||2020f||2019
f|| |---|---|---|---|---|---|---|---|---| |Tax recoverable|||||11,040||14,910|| |Other debtors|||||7,901||3,642|| |Total|||||18,941||18,552|| |7.LIABILITIES (Amounts|||falling due in one year)|||||| ||||||2020
F||2019
f|| |Creditom|||||918||9,627|| |Total|||||918||9.627|| |8.FUNDS||Balance||Incoming|Resources|Fund|Investment|Balance| ||||at 1/1|resources|expended|Transfers|gains|at 31/12| |Unrestricted|fund|||||||| |movements||||||||| |Investec Dividends|||10,946|9,452||||20,398| |Accumulated|funds|149,396||116,776|127,039|500||139,633| |Total||160,342||126,228|127,039|500||160,031| |Restricted fund||||||||| |movements||||||||| |Blilz Memorial|||8,069|||(500)|760|8,331| |Fund||||||||| |OLSN Educational
Fund|||4,671||||675|5,546| |Music Fund|||12,632|||(12,632)||| ##