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||||Page|
|---|---|---|---|
|Trustees'
annual
report||||
|Independent
examiner's
report||to the trustees||
|Statement
offinancial|activities|||
|Statement
offinancial|position|||
|Notes to the financial|statements|||
|The following
pages|do not form part ofthe financial statements|||
|Detailed statement
of|financial|activities|21|
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|Registered|Registered|charity|name|The Parochial|Church|Council of the Ecclesiastical|Parish of|
|---|---|---|---|---|---|---|---|
|||||Alveston||||
|Charity registration|||number|1132864||||
|Principal|office|||26 Kineton Road||||
|||||Welles bourne||||
|||||Warwick||||
|||||Warwickshire||||
|||||CV35 9LQ||||
|The trustees||||||||
|||||Rev'd Canon R Williams||||
|||||D Johnston||||
|||||J Dale||||
|||||S Coton||||
|||||J Bellamy||||
|||||J Scrimshire||||
|||||S Richardson||||
|||||A Richardson||||
|||||T Lloyd-Adams||||
|||||N Johnson||||
|||||P Kemp||||
|||||R Lane||||
|Ministry|Team|||||||
|Vicar||||Rev'd Canon Richard||Williams||
|Treasurer||||David Johnston||||
|Clerk to the||PCC||Kiri Harbottle||||
|Parish Administrator||||Stephanie
Lane||||
|Parish Safeguarding|||Officer|Erica Johnston||||
|Music||||||||
|Organist|8 Choirmaster|||Matthew
Smallwood||||
|Independent||examiner||Simon McLean|FCA|||
|||||Sycamore House||||
|||||Sutton Quays|Business Park|||
|||||Sutton Weaver||||
|||||Runcorn||||
|||||Cheshire||||
|||||WA7 3EH||||
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|Year ended 31|Dece|mber 202|0|||||
|---|---|---|---|---|---|---|---|
||||||2020||2019|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total funds|Total funds|
||||Note|||||
|Income and endowments||||||||
|Donations
and legacies|||4|127,300|14,543|141,843|104,607|
|Charitable
activities|||5|8560||8,560|19,910|
|Investment
income|||6|3234|2|3,236|2,797|
|Total income||||139,094|14,545|153,639|127,314|
|Expenditure||||||||
|Expenditure
on charitable||activities|7,8|89,622|16,410|106,032|101,311|
|Other expenditure|||9|5256||5,256|9,844|
|Total expenditure||||94,878|16,410|111,288|111,155|
|Net gains on investments|||10|6,837||6,837|9,887|
|Net income||||51,053|(1,865)|49,188|26,046|
|Transfers
between|funds|||(2,196)|2,196|||
|Net movement
in|funds|||48,857|331|49,188|26,046|
|Reconciliation
offunds||||||||
|Total funds brought|forward|||305,254|18,590|323,844|297,798|
|Total funds carried forward||||354,111|18,921|373,032|323,844|
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||||||2020|2019|
|---|---|---|---|---|---|---|
|||||Note|||
|Fixed assets|||||||
|Tangible fixed assets||||15|145,131|145,046|
|Investments||||16|146,872|80,035|
||||||292,003|225,081|
|Current assets|||||||
|Debtors||||17|10,272|13,482|
|Cash at bank|and|in|hand||77,330|93,708|
||||||87,602|107,190|
|Creditors: amounts|||falling due within one year|18|6,573|8,427|
|Net current|assets||||81,029|98,763|
|Total assets|less|current liabilities|||373,032|323,844|
|Net assets|||||373,032|323,844|
|Funds ofthe charity|||||||
|Restricted funds|||||18,921|18,590|
|Unrestricted|funds||||354,111|305,254|
|Total charity|funds|||20|373,032|323,844|
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|Donations|and legacies||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
|Donations|||||
|Donations|and gifts|53,952|5,846|59,798|
|Grants and|donations||8,697|8,697|
|Gift aid||17,348||17,348|
|Legacies|||||
|Legacies||56,000||56,000|
|||127,300|14,543|141,843|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2019|
|Donations|||||
|Donations|and gifts|59,402|2,036|61,438|
|Grants and|donations|1,299|5,010|6,309|
|Gift aid||15,860||15,860|
|Legacies|||||
|Legacies||21,000||21,000|
|||97,561|7,046|104,607|
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|Charitable
activities|||||
|---|---|---|---|---|
||Unrestricted|Total Funds|Unrestricted|Total Funds|
||Funds|2020|Funds|2019|
|Hire ofSt. Peter's|2,897|2,897|9,912|9,912|
|Fees and other income|4,752|4,752|8,972|8,972|
|Hire ofSt.James|911|911|1,026|1,026|
||8,560|8,560|19,910|19,910|
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|nvestment
income||||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2020|
|Income from investments|3,004||3,004|
|Bank interest receivable|230|2|232|
||3,234|2|3,236|
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|nVeStment
inCOme
(continued)||||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2019|
|Income from investments|2,334||2,334|
|Bank interest receivable|460|3|463|
||2,794|3|2,797|
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|Expenditur|e
on charitab|le
activities
by fund t|ype|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2020|
|Promotion|ofthe Church|within the Parish|88,722|16,410|105,132|
|Support costs|||900||900|
||||89,622|16,410|106,032|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2019|
|Promotion|ofthe Church|within the Parish|93,171|7,240|100,411|
|Support costs|||900||900|
||||94,071|7,240|101,311|
##
|Expenditure|on charitab|le
activities|by activity type||||
|---|---|---|---|---|---|---|
||||Activities||||
||||undertaken|Support|Total funds|Total fund|
||||directly|costs|2020|2019|
|Promotion|ofthe Church|within the|||||
|Parish|||105,132||105,132|100,411|
|Governance|costs|||900|900|900|
||||105,132|900|106,032|101,311|
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|||||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|---|---|---|---|---|---|---|---|---|---|
|||||Funds||2020|Funds||2019|
|Assigned|fees|to|Diocese|2,261||2,261|4,004||4,004|
|Honoraria||||2,995||2,995|5,840||5,840|
|||||5,256||5,256|9,844||9,844|
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|10.|Net gains on|investmen|ts|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted||Total|Funds|Unrestricted|Total Funds|
||||||||Funds||2020|Funds|2019|
||Realised gains on fixed||asset|||||||||
||investment||||||6,837||6,837|9,887|9,887|
|11.|Net income|||||||||||
||Net income is stated after|||charging/(crediting):||||||||
|||||||||||2020|2019|
||Depreciation|of tangible|fixed assets|||||||1,341|960|
|12.|Independent|examination||fees||||||||
|||||||||||2020|2019|
||Fees payable|to the independent|||examiner for:|||||||
||Independent|examination||of the financial||statements||||900|900|
|13.|Staff costs|||||||||||
||The total staff costs and||employee||benefits for||the reporting||period are|analysed as|follows:|
|||||||||||2020|2019|
||Wages and salaries|||||||||13,792|3,744|
||Employer
contributions||to|pension|plans|||||202|16|
||Recruitment|costs|||||||||44|
|||||||||||13,994|3,804|
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|15.|Tangible fixed assets|||||
|---|---|---|---|---|---|
|||Freehold|Fixtures and|||
|||property|fittings|Pieta|Total|
||Cost|||||
||At 1 January 2020|109,295|4,800|34,767|148,862|
||Additions||1,426||1,426|
||At 31 December 2020|109,295|6,226|34,767|150,288|
||Depreciation|||||
||At 1 January 2020||3,816||3,816|
||Charge for the year||1,341||1,341|
||At 31 December 2020||5,157||5,157|
||Carrying
amount|||||
||At 31 December 2020|109,295|1,069|34,767|145,131|
||At 31 December 2019|109,295|984|34,767|145,046|
|16.|Investments|||||
|Investments||
|---|---|
||Listed|
||investments|
|Cost or valuation||
|At 1 January 2020|80,035|
|Additions|60,000|
|Fair value movements|6,837|
|At 31 December 2020|146,872|
|Impairment||
|At 1 January 2020 and 31 December 2020||
|Carrying
amount||
|At 31 December 2020|146,872|
|At 31 December 2019|80,035|
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|17.|Debtors||||||
|---|---|---|---|---|---|---|
||||||2020|2019|
||Trade debtors||||4,590|4,603|
||Prepayments|and|accrued income||5,682||
||Other debtors|||||8,879|
||||||10,272|13,482|
|18.|Creditors: amounts|||falling due within one year|||
||||||2020|2019|
||Trade creditors||||5,180|5,533|
||Accruals and|deferred||income|1,393|1,569|
||Charity donations||commitment|||1,325|
||||||6,573|8,427|
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||||||||Gains and|At|
|---|---|---|---|---|---|---|---|---|
|||At|1 Jan 20|Income|Expenditure|Transfers|losses|31 Dec 20|
|General|funds||305,254|139,094|(94,878)|(2,196)|6,837|354,111|
||||||||Gains and|At|
|||At|1 Jan 19|Income|Expenditure|Transfers|losses|31 Dec 19|
|General|funds||279,017|120,265|(103,915)||9,887|305,254|
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|Restricted|funds||||||||
|---|---|---|---|---|---|---|---|---|
|||||||Gains and||At|
|||At1 Jan 20|Income|Expenditure|Transfers|losses|31|Dec 20|
|Bells fund||4,281|248|(252)||||4,277|
|Charitable|||||||||
|donations||1,636|1,200|(635)|366|||2,567|
|Old Church|fund|11,077||(1,529)||||9,548|
|Youth 8 families|||||||||
|worker||1,596|13,097|(13,994)|1,830|||2,529|
|||18,590|14,545|(16,410)|2,196|||18,921|
|||||||Gains and||At|
|||At1 Jan19|Income|Expenditure|Transfers|losses|31|Dec 19|
|Bells fund||4,494|3|(216)||||4,281|
|Town Trust||300||(300)|||||
|Charitable|||||||||
|donations||2,114|1,636|(2,114)||||1,636|
|Old Church|fund|11,873|10|(806)||||11,077|
|Youth 8 families|||||||||
|worker|||5,400|(3,804)||||1,596|
|||18,781|7,049|(7,240)||||18,590|
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|21.|Analysis of net ass|ets bet|ween funds||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||Restricted|Total Funds|
|||||||Funds|Funds|2020|
||Tangible fixed assets||||145,131|||145,131|
||Investments||||146,872|||146,872|
||Current assets|||||68,681|18,921|87,602|
||Creditors less than|1 year||||(6,573)||(6,573)|
||Net assets||||354,111||18,921|373,032|
||||||Unrestricted||Restricted|Total Funds|
|||||||Funds|Funds|2019|
||Tangible fixed assets||||145,046|||145,046|
||Investments|||||79,572|463|80,035|
||Current assets|||||89,063|18,127|107,190|
||Creditors less than|1 year||||(8,427)||(8,427)|
||Net assets||||305,254||18,590|323,844|
|22.|Financial
instruments||||||||
||The carrying
amount|for each category offinancial|||instrument|is as follows|||
||||||||2020|2019|
||Financial assets measured||at fair value through||income|and expenditure|||
||Financial assets measured||at fair value through|income and|||||
||expenditure||||||146,872|80,035|
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|Year end|ed 31 December 2020|||
|---|---|---|---|
|||2020|2019|
|Income and endowments||||
|Donations|and legacies|||
|Donations|and gifts|59,798|61,438|
|Grants and donations||8,697|6,309|
|Gift aid||17,348|15,860|
|Legacies||56,000|21,000|
|||141,843|104,607|
|Charitable|activities|||
|Hire ofSt.|Peter's|2,897|9,912|
|Fees and other income||4,752|8,972|
|Hire ofSt.|James|911|1,026|
|||8,560|19,910|
|Investment|income|||
|Income from investments||3,004|2,334|
|Bank interest receivable||232|463|
|||3,236|2,797|
|Total income||153,639|127,314|
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|Year ended 31|D|ece|m|ber|20|20|||
|---|---|---|---|---|---|---|---|---|
|Expenditure|||||||||
|Expenditure
on charitable||||activitie||s|||
|Promotion ofthe Church||||within|th|e Parish|||
|Acfivifies undertaken||direcfly|||||||
|Staff costs|||||||13,792|3,744|
|Pension costs|||||||202|16|
|Recruitments
costs||||||||44|
|Ministry costs|||||||2,403|3,432|
|Parish share|||||||66,418|66,418|
|Cost ofservices|||||||971|1,209|
|Charitable
giving|||||||635|1,963|
|St. Peter's running|costs||||||3,926|5,939|
|Property
maintenance|||||||2,750|2,588|
|Church
running
expenses|||||||8,937|12,291|
|Outreach|||||||787|375|
|Choir and bellringers|||||||899|876|
|Old Church|||||||1,529|806|
|Depreciation|||||||1,341|960|
|Professional fees|||||||923|295|
|Sundry expenses|||||||(381)|(545)|
||||||||105,132|100,411|
|Governance costs|||||||||
|Independent
examination|||fee||||900|900|
|Expenditure
on charitable||||activities|||106,032|101,311|
|Other expenditure|||||||||
|Assigned fees to Diocese|||||||2,261|4,004|
|Honoraria|||||||2,995|5,840|
||||||||5,256|9,844|
|Total expenditure|||||||111,288|111,155|
|Net gains on investments|||||||||
|Realised gains/losses||on|fixed asset|||investment|(6,837)|(9,887)|
|Net income|||||||49,188|26,046|