| Contents | Page |
|---|---|
| CharityAdministrativeDetails | 4 |
| Trustees'AnnualReport | 5 |
| IndependentAuditor'sReport | 17 |
| StatementofFinancialActivities(SOFA) | 21 |
| BalanceSheet | 22 |
| GeneralFundIncome&Expenditure | 23 |
| DevelopmentFundIncome&Expenditure | 25 |
| OrganFundIncome&Expenditure | 26 |
| OtherRestrictedFundsIncome&Expenditure | 27 |
| CashFlowStatement | 28 |
| NotestotheFinancialStatements | 29 |
| AdministrativeInformation PCCMembers |
|||
|---|---|---|---|
| PCCMeetings | |||
| Theunder-mentionedpersonsservedonthePCCduringtheyear | attended | ||
| ExOfficioMembers | |||
| TheReverendStephenMason | Incumbent | 4/4 | |
| TheReverendDanielWarnke | StipendiaryAssistantCurate | 2/4 | |
| TheReverendGeorginaElsey | StipendiaryAssistantCurate | (fromJuly) | 2/2 |
| NevilleDavid | ChurchWarden | 3/4 | |
| DamonGreeney | ChurchWardenelect(fromOctober) | 1/1 | |
| IanSmith | ChurchWarden | 4/4 | |
| DavidFletcher | DeanerySynodRep | 0/4 | |
| ChrisLees | DeanerySynodRep(fromOctober) | 1/1 | |
| ChrisSkarratt | DeanerySynodRep | 2/4 | |
| ElectedMembers | |||
| AndrewBeverley | 3/4 | ||
| EsmeDaley | MinutesSecretary | 3/4 | |
| SvenHaase | (toOctober) | 2/3 | |
| DavidHughes | 4/4 | ||
| IanNelson | Treasurer | 4/4 | |
| GaynorScruton | 4/4 | ||
| BryanStephens | (fromOctober) | 1/1 | |
| SamanthaTear | 4/4 |
pre-andpost-lockdownandthenaccordingtog reshouldbeconsideredasfollows; |
overnmentguidance |
|---|---|
| Pre-lockdown | 142(132in2019) |
| Postfirstlockdown | 79 |
| Sundayswhenonlylivestreamingallowed | 13 |
| Approximateengagementsvialivestreaming | 230 |
| YearEnding31st December20 | 20 | |||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Unrestricted | Restricted | |||
| Funds | Funds | Total | Total | |
| E | ||||
| Incomefrom: | ||||
| DonationsandLegacies | 374,980 | 101,692 | 476,672 | 345,926 |
| CharitableActivities | 29,136 | 0 | 29,136 | 112,210 |
| OtherTradingActivities | 77,998 | 0 | 77,998 | 91,513 |
| Investments | 9 | 0 | 9 | 27 |
| TotalIncome | 482,123 | 101,692 | 583,815 | 549,676 |
| Expenditureon: | ||||
| RaisingFunds | 7,813 | 0 | 7,813 | 34,682 |
| CharitableActivities | 399,248 | 103,930 | 503,178 | 460,118 |
| Other | 5,000 | 0 | 5,000 | 5,100 |
| TotalExpenditure | 412,061 | 103,930 | 515,991 | 499,900 |
| NetIncome/(Expenditure) | 70,062 | (2,238) | 67,824 | 49,777 |
| TransfersbetweenFunds | 13,333 | (13,333) | 0 | |
| NetMovementinFunds | 83,395 | (15,571) | 67,824 | 49,777 |
| ReconciliationinFunds | ||||
| Totalfundsbroughtforward | 82,045 | 80,963 | 163,008 | 113,231 |
| Totalfundscarriedforward | 165,440 | 65,392 | 23_0,832 | 163,008 |
| 2020 | 2019 | ||
|---|---|---|---|
| FixedAssets | |||
| TangibleAssets | 0 | 2,498 | |
| CurrentAssets | |||
| Debtors' | 27,084 | 36,282 | |
| Cashatbankandinhand2 | 270,329 | 237,404 | |
| Creditors:Amountsfallingduewithinoneyear3 | (47,914) | (61,176) | |
| LondonDiocesanFundloanduein2021 | (18,667) | (13,000) | |
| Netcurrentassets/(liabilities) | 230,832 | 199,510 | |
| L.ongTermLiabilities | |||
| LondonDiocesanFundloan | 0 | (39,000) | |
| NetAssets | 230,832 | 163,008 | |
| CharityFunds | |||
| RestrictedFunds4 | 65,392 | 80,963 | |
| UnrestrictedFunds | |||
| GeneralFunds | 319 | (1,746) | |
| MinistryReserve | 81,358 | 34,358 | |
| ClergyAccommodationMaintenanceReserve | 21,499 | 30,453 | |
| ChurchMaintenanceReserve | 44,505 | 34,505 | |
| RainyDayAppealFunds | 20,472 | 27,021 | |
| Vestments | 4,454 | 4,454 | |
| DevelopmentFunds | (18,667) | (52,000) | |
| StaffAccommodationDeposit | 10,000 | 5,000 | |
| PlannedMaintenance | 1,500 | 0 | |
| TotalUnrestrictedFunds | 165,440 | 82,045 | |
| TotalCharityFunds | 230,832 | 163,008 |
| YearEndin | g31st December2020 | |||||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| SOFA | Unrestricted | Restricted | Total | |||
| Headings | INCOME | E | E | E | E | |
| Donations | DonationsElgbiforGift | Aid | 99,750 |
0 | 99,750 | 93,658 |
| and | Envelopes | 576 | 0 | 576 | 937 | |
| Legacies | Non-TaxedPledges | 1,940 | 0 | 1,940 | 3,120 | |
| TaxRefund | 32,475 | 0 | 32,475 | 27,097 | ||
| Collections | 4,469 | 0 | 4,469 | 6,669 | ||
| OtherDonations | 72,809 | 0 | 72,809 | 71,487 | ||
| Alms | 413 | 0 | 413 | 1,010 | ||
| Fellowship | 122 | 0 | 122 | 2,216 | ||
| SpecialClergyServices | 4,171 | 0 | 4,171 | 2,246 | ||
| ChurchComm | 18,000 | 0 | 18,000 | 18,000 | ||
| Grants | 105,000 | 80,4425 | 185,442 | 40,000 | ||
| InsuranceClaims | 11,964 | 0 | 11,964 | 0 | ||
| VolTrustAdminContrib | 9,500 | 0 | 9,500 | 9,250 | ||
| 361,189 | 80,442 | 441,631 | 275,690 | |||
| Charitable | SpecialServices | 5,733 | 0 | 5,773 | 2,318 | |
| Activities | HireofChurch | 15,037 | 0 | 15,073 | 76,134 | |
| HireofHall | 6,866 | 0 | 6,866 | 28,312 | ||
| OtherRents | 1,500 | 0 | 1,500 | 5,447 | ||
| 29,136 | 0 | 29,136 | 112,210 | |||
| Other | ForecourtIncome | 30,490 | 0 | 30,490 | 35,721 | |
| Trading | NurserySchoolRent | 27,513 | 0 | 27,513 | 37,217 | |
| Activities | CryptRent | 19,995 | 0 | 19,995 | 18,575 | |
| 77,998 | 0 | 77,998 | 91,513 | |||
| Investments | Interest | 9 | 0 | 9 | 27 | |
| TOTALINCOME | 468,332 | 80,442 | 548,774 | 479,440 | ||
| TOTALEXPENDITURE | (411,721) | (73,927) | (485,648) | (485,035) | ||
| SURPLUS/(DEFICIT)FORYEAR | 56,611 | 6,515 | 63,066 | (5,595) | ||
| DESIGNATEDRESERVESUSED: | ||||||
| ChurchMaintenanceReserve | 0 | 12,594 | ||||
| ClergyAccommodationReserve | 8,954 | 0 | ||||
| MinistryReserve | 18,000 | 0 | ||||
| SURPLUS/(DEFICIT)INCORPORATINGUSEDRESERVES | 86,565 | 6,999 | ||||
| DESIGNATIONSTORESERVES | ||||||
| ChurchMaintenanceReserve | 10,000 | 0 | ||||
| MinistryReserve | 65,000 | 5,000 | ||||
| PlannedMaintenance | 1,500 | 0 | ||||
| StaffAccommodationDeposit Reserve | 5,000 | 5,000 | ||||
| SURPLUS/(DEFICIT)AFTERDESIGNATIONS | 2,065 | (3,001) |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| SOFA | Unrestricted | Restricted | Total | |||
| Headings | EXPENDITURE | £ | £ | £ | £ | |
| RaisingFundsForecourtExpenditure | 2,256 | 0 | 2,256 | 3,142 | ||
| EventsCosts | 5,498 | 0 | 5,498 | 30,442 | ||
| 7,754 | 0 | 7,754 | 33,584 | |||
| Charitable | LondonDiocesanFund | 94,000 | 0 | 94,000 | 90,000 | |
| Activities | AdditionalClergyCosts | 81,512 | 0 | 81,512 | 55,571 | |
| Vicar'sExpenses | 10,835 | 0 | 10,835 | 11,116 | ||
| AdditionalClergyExpenses 2,150 |
0 | 2,150 | 1,629 | |||
| Rents,RunningCosts | 29,325 | 0 | 29,325 | 32,166 | ||
| ArcheryCloseWorks | 8,954 | 0 | 8,954 | 0 | ||
| VicarageRoutineMaintenance 188 |
0 | 188 | 0 | |||
| Children'sEducation | 249 | 0 | 249 | 315 | ||
| AdultEducation | 0 | 0 | 0 | 75 | ||
| KensalRisePlant | 86 | 0 | 86 | 150 | ||
| DirectorofMusic | 2,827 | 5,653 | 8,480 | 16,293 | ||
| MusicExpenses | 3,815 | 9,083 | 12,898 | 39,593 | ||
| _Oliver!_SchoolMusicProject 0 |
9,841 | 9,841 | 0 | |||
| Fellowship | 1,814 | 5,104 | 6,918 | 13,863 | ||
| SpecialClergyServices | 3,473 | 0 | 3,473 | 1,612 | ||
| AltarRequisites | 2,395 | 0 | 2,395 | 2,414 | ||
| Light,Heat&Insurance | 9,499 | 7,291 | 16,790 | 15,031 | ||
| Cleaning | 8,201 | 1,919 | 10,119 | 9,695 | ||
| Grounds | 989 | 0 | 989 | 1,666 | ||
| Repairs&Maintenance | 15,526 | 13,087 | 28,613 | 22,593 | ||
| OrganProtection&Repairs | 0 | 4,635 | 4,635 | 0 | ||
| OrganChamberRepairs | 0 | 7,918 | 7,918 | 0 | ||
| Printing&Publicity | 4,210 | 0 | 4,210 | 3,073 | ||
| AdministrativeStaff | 51,122 | 0 | 51,122 | 51,026 | ||
| Verger | 16,585 | 9,397 | 25,982 | 25,229 | ||
| StaffPensionContributions | 23,320 | 0 | 23,320 | 21,759 | ||
| CateringStaff | 0 | 0 | 0 | 2,913 | ||
| OfficeExpenses | 13,928 | 0 | 13,928 | 12,956 | ||
| Equipment | 789 | 0 | 789 | 179 | ||
| Depreciation | 2,498 | 0 | 2,498 | 3,122 | ||
| MiscellaneousExpenses | 582 | 0 | 583 | 4,279 | ||
| ProfessionalFees | 10,095 | 0 | 10,095 | 8,033 | ||
| 398,967 | 73,927 | 472,894 | 446,352 | |||
| Governance | ||||||
| Costs | AuditFee | 5,000 | 0 | 5,000 | 5,100 | |
| 5,000 | 0 | 5,000 | 5,100 | |||
| TOTALEXPENDITURE | 411,721 | 73,927 | 485,648 | 485,035 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| INCOME | E | E | E | E |
| CongregationalDonors | 13,791 | 0 |
13,791 | 45,057 |
| GiftAidonDonations | 0 | 0 |
0 | 7,096 |
| FundRaisingEvents | 0 | 0 |
0 | 6.958 |
| OtherGrants | 0 | 13,5585 |
13,558 | 0 |
| TOTALINCOME | 13,791 | 13,558 |
27,349 | 59,112 |
| EXPENDITURE | E | E | E | E |
| EventsCosts | 59 | 0 | 59 | 1,098 |
| LoanInterest | 281 | 225 | 506 | 1,804 |
| TOTALEXPENDITURE | 340 | 225 | 565 | 2,902 |
| SURPLUS/(DEFICIT) | 26,784 | 56,210 | ||
| LoanRepaymentstotheDioceseofLondon | (33,333) | (54,000) | ||
| TransferfromRainyDayReserve | 6,549 | 0 | ||
| SURPLUS/(DEFICIT) | 0 | 2,210 |
| OrganFundRestrictedIncome& Expendit | ure | |
|---|---|---|
| YearEnding31'December2020 | ||
| 2020 | 2019 | |
| INCOME | ||
| Donations | 0 | 3 |
| TOTALINCOME | 0 | 3 |
| EXPENDITURE | ||
| Events | 0 | 100 |
| OrganConsultant'sFees&Bonus | 0 | (800) |
| OrganTuning&Maintenance | 276 | 1,771 |
| TOTALEXPENDITURE | 276 | 1,071 |
| SURPLUS/(DEFICIT) | (276) | (1,068) |
| BALANCEBROUGHTFORWARD | 10425 | 11,494 |
| BALANCECARRIEDFORWARD | 10,149 | 10,425 |
| 2020 | 2019 | |
|---|---|---|
| INCOME | ||
| CharitiesIncome | 1,252 | 1,232 |
| Flowerdonations | 1,702 | 1,527 |
| Under5's | 0 | 338 |
| MusicDonations—DirectorofMusic | 910 | 695 |
| MusicDonations—Singers&Musicians | 1,621 | 1,110 |
| MaryPoppinsSchoolsProject | 0 | 5,000 |
| ClergyLeavingPurse | 2207 | 815 |
| TOTALINCOME | 7,692 | 10,717 |
| EXPENDITURE | ||
| CharitableDonations | 1,252 | 1.232 |
| FlowerExpenses | 1,702 | 1,527 |
| Under5'sExpenses | 0 | 338 |
| MusicExpenditure—DirectorofMusic | 9,165 | 695 |
| MusicExpenditure—Singers&Musicians | 15,176 | 860 |
| MaryPoppinsSchoolsProject | 0 | 5,000 |
| ClergyLeavingPurse | 2,207 | 815 |
| TOTALEXPENDITURE | 29,502 | 10,487 |
| SURPLUS/(DEFICIT) | (21,810) | 230 |
| BALANCEBROUGHTFORWARD | 70536 | 70,306 |
| BALANCECARRIEDFORWARD | 48,726 | 70,536 |
| StatementofCashFlows | ||
|---|---|---|
| YearEnding31st December2020 | ||
| 2020 | 2019 | |
| Cashflowsfromoperatingactivities: | ||
| Netcashprovidedby(usedin) | 66,258 | 31,134 |
| operatingactivities | ||
| Cashflowsfromfinancingactivities: | ||
| Cashflowsfromnewborrowings | 0 | 0 |
| Repaymentofborrowings | (33,333) | (54,000) |
| Netcashprovidedby(usedin) | 32,925 | (22,886) |
| operatingactivities | ||
| Changeincash&cashequivalents | 32,925 | (22,886) |
| Inthereportingperiod | ||
| Cashandcashequivalentsatthe | 237,404 | 260,270 |
| beginningofthereportingperiod | ||
| Cashandcashequivalentattheend | 270,329 | 237,404 |
| ofthereportingperiod | ||
| Reconciliationofnetmovementinfundstonetcashflowfrom | operatingactivities | |
| Netmovementinfundsforthereporting | 61,309 | 49,777 |
| period(aspertheSOFA) | ||
| Adjustmentsfor: | ||
| Depreciationcharges | 2,498 | 3,122 |
| (Increase)/decreaseindebtors | (6,747) | (8,572) |
| Increase/(decrease)increditors | 9,198 | (13,193) |
| (Purchase)/saleoffixedassets | 0 | 0 |
| Netcashprovidedby(usedin) | 66,258 | 31,134 |
| operatingactivities | ||
| Analysisofcashand cashequivalents | ||
| Cashinhand | 270,329 | 237,404 |
| Noticedeposits | 0 | 0 |
| Totalcashandcashequivalents | 270,329 | 237,404 |
assumptionsreferredtoabovesubsequentlypr |
ovetobeinvalid. |
|
|---|---|---|
| 1Debtors | 2020 | 2019 |
| SundryDebtors | 8,844 | 5,830 |
| IncomeTaxRecoverable | 18,240 | 30,452 |
| TOTAL | 27,084 | 36,282 |
| 2CashatBankandinHand | ||
| GeneralFund | 240,036 | 203,603 |
| PettyCash | 120 | 120 |
| SpecialPurposesAccount | 30,173 | 33,681 |
| TOTAL | 270,329 | 237,404 |
| 3AmountsFallingDuewithinOneYear | ||
| SundryCreditors | 41,914 | 55,076 |
| RentDeposits | 1,000 | 1,000 |
| AuditFee | 5,000 | 5,100 |
| DiocesanLoan | 18,667 | 13,000 |
| TOTAL | 66,581 | 74,176 |
| 4RestrictedFunds | ||
| HLFGrant | 6,5155 | 0 |
| MemorialGarden | 3,834 | 3,834 |
| Music | 43,650 | 65,460 |
| Vestments | 1,244 | 1,244 |
| OrganFund | 10,149 | 10,425 |
| TOTAL | 65,392 | 80,963 |
| ChangesinReserves | ||||||
|---|---|---|---|---|---|---|
| Loan | ||||||
| UnrestfundsBalb/f | Income | Expend | Rpymts | Trans | Balcif | |
| GenFund 134,045 |
468,332 | (411,721) | (20,000) | 13,451 |
184,107 | |
| DevelFund (52,000) |
13,791 | (340) | 33,333 | (13,451) | (18,667) |
|
| Subtotals 82,045 |
482,123 | (412,061) | 13,333 | 0 | 165,440 | |
| Restrctfunds | ||||||
| HLFGrant | ||||||
| GenFund 0 |
80,442 | (73,927) | 0 | 0 | 6,515 | |
| DevFund 0 |
13,558 | (225) | (13,333) | 0 | 0 | |
| OrganFund 10,425 |
0 | (276) | 0 | 0 | 10,149 | |
| OtherFunds 70,538 |
7,692 | (29,502) | 0 | 0 | 48,728 | |
| Subtotals 80,963 |
101,692 | (103,930) | (13,333) | 0 | 65,391 | |
| TOTALS 163,008 |
583,815 | (515,991) | 0 | 0 | 230,832 | |
| FixedAssetsforUsebythePCC | ||||||
| Grand | ||||||
| Equipment | Piano | Total | ||||
| GrossBookValueat1January2020 | 41,732 | 17,000 | 58,732 | |||
| Additions | 0 | 0 | 0 | |||
| (Disposals) | 0 | 0 | 0 | |||
| asatDecember312020 | 41,732 | 17,000 | 58,732 | |||
| Depreciationat1January2020 | 39,234 | 17,000 | 56,234 | |||
| ChargefortheYear | 2,498 | 0 | 2,498 | |||
| ReleaseonDisposal | 0 | 0 | 0 | |||
| at31December2020 | 41,732 | 17,000 | 58,732 | |||
| NetBookValueat31December2020 | ||||||
| at31December2019 | 2,428 | 0 | 2,498 | |||
| AnalysisofNetAssetsbyFund | ||||||
| Unrestricted | Restricted | |||||
| Funds | Funds | Total | ||||
| FixedAssets | 0 | 0 | 0 | |||
| CurrentAssets | 239,090 | 68,323 | 297,413 | |||
| CurrentLiabilities | (63,650) | (2,931) | (66,581) | |||
| TOTALASSETS | 165,440 | 65,392 | 230,832 | |||
| STAFFCOSTS | 2020 | 2019 | ||||
| WagesandSalaries | 79,431 | 80,079 | ||||
| SocialSecurityCosts | 8,465 | 8,635 | ||||
| PensionCosts | 9,280 | 12,575 | ||||
| TOTALCOSTS | 97,176 | 101,289 |
| Al:31December20 follows: |
20thecharityhadcommitm | en | tsundernon-c | ancellablelea |
|---|---|---|---|---|
| 2021 | 2020 | |||
| Operatingleases | whichexpire: | |||
| Duewithin1year | 12aConnaughtStreet | 4,962 | 4,962 | |
| Within2-5years | 12aConnaughtStreet | - | 4,962 | 4,962 |