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|incumbent|(and|PCC Chair):|Canon Peter Seal||
|---|---|---|---|---|
|Assistant|Priest:||Revd Mary Copping||
|Curate|||Revd
Liz Stuart||
|Licensed Lay Minister:|||Stephen Adam (until 3 March 2021)||
|Churchwardens,||StMatthew' s:|Mike Russell-Smith||
||||Dick Wilkinson||
|Churchwardens,||StPaul's:|Bill Lucas (from 3 February 2021)||
||||Christopher
Seaman||
||||Chris Sharp (until 21October 2020)||
|Representatives||on the Deanery Synod:|||
||||Mark Byford (until 21October 2020)||
||||Keith Jones (until 21October 2020)||
||||Chris Sharp (until 21October 2020)||
|Elected members||ofthe PCC during 2020:|||
||||Amanda
Berridge (PCCTreasurer|until 21October|
||||2020)||
||||Helen Chambers||
||||Kathleen
Freeman||
||||Alexa Heady||
||||Talia Hedstrom||
||||Jonathan Jesty||
||||Keith Jones (from 21October 2020)||
||||Sandra Lewis (from 21October 2020)||
||||Anne Odling (until 21October 2020)||
||||Linda Russell-Smith||
||Nathalie
Schulz (PCC Secretary)||
|---|---|---|
||Vicky Scott||
|Co-opted members ofthe PCC:|Sandra Lewis (until 21October 2020)||
||Bill Lucas (until 3February 2021)||
|Attends meetings:|Tim Stannard
(Chair ofFinance Committee|and PCC|
||Treasurer from 30November
2020)||
|Auditors:|Knight Goodhead
Limited, 7 Bournemouth|Road,|
||Chandler's
Ford, Hampshire
SOS3 3DA||
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||Unrestricted|Unrestricted|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|
|||funds|funds|funds|2020|2019|
||Notes|F|f|f|f|f|
|INCOME|||||||
|Donations,
grants and legacies||168,564|715,000|210,299|1,093,863|621,594|
|Income from charitable
activities||18,434|26|1,828|20,288|30,598|
|Income from other trading
activities||19,443|||19,443|29,454|
|Investment
income||1,604||308|1,912|3,954|
|Total income
.|3|208,045|715,026|212,435|1,135,506|685,600|
|EXPENDITURE|||||||
|Raising funds||||1,082|1,082|5,860|
|Expenditure
on charitable
activities||242,422|295,413|821,190|1,359,025|442,086|
|Total expenditure|4|242,422|295,413|BZ2,272|1,360,10'7|447,946|
|NET INCOME/
(EXPENDITURE)||(34,377)|419,613|(609,837)|(224,601)|237,654|
|BEFORETRANSFERS|||||||
|TRANSFERS BETWEEN FUNDS|11|74,502|(74,971)|469|||
|NET INCOME / (EXPENDITURE)|||||||
|BEFOREOTHER GAINS||40,125|344,642|(609,368)|(224,601)|237,654|
|GAINS ON INVESTMENT ASSETS||3,449|||3,449|7,555|
|NET MOVEMENT
IN FUNDS||43,574|344,642|(609,368)|(221,152)|245,209|
|FUND BALANCES AT1JANUARY 2020||100,398|195,004|623,040|918,442|673,233|
|FUND BALANCES AT31 DECEMBER 2020|11|143,972|539,646|13,672|697,290|918,44Z|
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|COMPARATIVE STATEMENT OF FINANCIAL
FOR THE YEAR ENDED 31DECEMBER2019|ACTIVITIES||||
|---|---|---|---|---|
||Unrestricted|Designated|Restricted|Tote I|
||funds|funds|funds|2019|
||E|F.|||
|INCOME|||||
|Donations,
grants and legacies|163,923|29,466|428,205|621,594|
|Income from charitable
activities|18,281||12,31?|30,598|
|Income from other trading
activities|29,454|||29,454|
|Investment
income|3,298||656|3,954|
|Totai income|214r956|29i466|441~178|685~600|
|EXPENDITURE|||||
|Raising funds|||5,860|5,860|
|Expenditure
on charitable
activities|229,182|77,074|135,830|442,086|
|Total expenditure|229,182|77,074|141,690|447,946|
|NET {EXPENDITURE) /INCOME|(14,226)|{47,608)|299,488|237,654|
|BEFORETRANSFERS|||||
|TRANSFERS BETWEEN FUNDS|(6,930)|(51)|6,981||
|NET (EXPENDITURE) / INCOME|||||
|BEFORE OTHER GAINS/(LOSSES)|(21,156)|(47,659)|306,469|237,654|
|GAINS ON INVESTMENT ASSETS|7,555||||
|NET MOVEMENT
IN FUNDS|(13,601)|(47,659)|306,469|245,209|
|FUND BALANCES AT 1JANUARY 2019|113,999|242,663|316,571|673,233|
|FUNID BALANCES AT31DECEMBER2019|100,398|195,004|623,040|918,442|
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|||||2020|||
|---|---|---|---|---|---|---|
|||Notes|E|E|||
|FIXEDASSETS|||||||
|Tangible assets||||59,045|||
|CURRENT ASSETS|||||||
|Debtors||8|219,947||204,532||
|Investments||9|53,860||48,930||
|Cash at bank and|in hand||445,343||663,725||
||||719,150||917,187||
|CREDITORS: amounts|falling||||||
|due within one year||10|(80,905)||(10,737)||
|NET CURRENT ASSETS||||638,245||906,450|
|NET ASSETS||||697,796||918,442|
|||11-13|||||
|Unrestricted:|||||||
|Designated|||539,646||195,004||
|Other unrestricted|||143,972||100,398||
|||||683,618||295,402|
|Restricted||||13,672||623,040|
|TOTALFUNDS||||697.1911||916.661|
|Signed on behalf of|the PCC by:||||||
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
||||||Notes|6||
||NET CASH FLOW PROVIDED BY||OPERATING||ACTIVITIES|(168,199)|113,866|
||CASH FLOWS FROM INVESTING||ACTIVITIES|||||
||Interest received|||||431|2,558|
||Purchase offixed assets|||||(50,051)||
||CASH FLOWS FROM FINANCING||ACTIVITIES|||||
||Diocesan loan received|||||70,000||
||Repayment
ofdiocesan
loan|||||(70,000)||
||Interest paid|||||(563)||
||NET CASH FLOW||||2|(218,382)||
||The charity had 6nil debt at the||beginning||and end ofthe year.|||
||NOTES TO THE CASHFLOW||STATEMENT FOR THE YEAR ENDED 31DECEMBER 2020|||||
|1|RECONCILIATION
OF NET MOVEMENT|||IN FUNDS TO NET CASN FLOW FIIOM||OPERATING ACTIVITIES||
|||||||2020||
|||||||6||
||Net movement
in funds for the||year|||(221,152)|245,209|
||Investment
income|||||(1,912)|(3,954)|
||Depreciation|||||2,998|2,998|
||Increase in debtors|||||(15,415)|(51,230)|
||Increase/(decrease)in
creditors|||||70,168|(71,602)|
||Increase
in investment
assets|||||(3,449)|(7,SSS)|
||Interest paid|||||563||
||Net cash flaw from operating|activities||||(168,199)|113,866|
|2|NET CASH AND CASH EQUIVALENTS IVIOVEMENT|||||2020||
|||||||6||
||Cash at the end ofthe year
Cash at start ofthe year|||||445,343
663,725|663,725
547,301|
||(Decrease)/increase
in cash in|the year||||(218,382)|116,424|
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|3|INCOME||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|2020|2019|
|||||||E|E|6|
||Donations, grants and legacies||||||||
||Regular giving||||121,448|5,845|127,293|135,155|
||Collections||||1,298||1,298|7,290|
||Envelopes||||1.171||1171|6,212|
||Donations||||12,787|24,647|37,434|109,614|
||Legacies||||715,000||715,000|27,793|
||Gift aid||||28,125|6,420|34,545|57,636|
||Grant income||||3,735|173,387|177,122|277,894|
||||||883,564|210,299|1,093,863|621,594|
||Income from charitable||activities||||||
||Parochial fees||||5,102||5,102|6,777|
||Parish 8 Family Activities||income||309||309|3,069|
||Community
Ik Fundraising|||Event income||523|523|8,440|
||Miscellaneous
Sales income||||4,740||4,740|2,350|
||Magazine sobs||||848||848|1,094|
||Hire St Pauls Preschool||||7,369||7,369|5,008|
||Youth and Children's|work||income|92||92|169|
||St Pauls Flowers income|||||||372|
||Friends Subscription|income||||1,305|1,305|1,410|
||Friends Event income|||||||1,909|
||||||18,460|1,828|20,288|30,598|
||income from other trading|||activities|||||
||Magazine
adverts||||836||836|868|
||Facilities Hire||||5,923||5,923|9,105|
||Hire Florian Dance School||||3,103||3,103|8,387|
||Parking||||9,581||9,581|11,094|
||||||19,443||19,443|29,454|
||Investment
income||||||||
||Interest||||123|308|431|2,558|
||Dividends||||1,481||1,481|1,396|
|||||||308|1,912|3,954|
||TOTAL INCOME||||923,071|21.2,435|1,135,506|685,600|
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|4|EXPENDITURE|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|2020|2019|
||CHARITABLE ACTIVITIES|||E|E|E|E|
||Raising funds|||||||
||Fundraising
costs||||1,082|1,082|5,860|
||||||1,082|1,082|S,860|
||Expenditure
on charitable||activities|||||
||Parish Share|||120,000||120,000|116,332|
||Parochial Fees- Diocesan||Share|3,911||3,911|3,556|
||Parish & Family Activities||expenditure|453||453|5,382|
||Printing,
postage|and stationery||3,767||3,767|5,498|
||Computer
running|expenses||1,250||1,250|887|
||Insurance|||5,051||5,051|5,394|
||Admin salaries|||35,396||35,396|33,846|
||Working costs|||5,980||5,980|6,354|
||Maintenance|||22,930||22,930|9,025|
||Cleaning
and gardening
Utilities|||6,028
5,011||6,028
5,011|5,778
6,909|
||Music|||1,874||1,874|3,837|
||Professional fees|||3,000|3,000|6,000|1,800|
||Youth & Children's|work|expenditure|17,285||17,285|17,099|
||Mission giving
Other giving
St Pauls Flowers expenditure|||9,704
600
89||9,704
600
89|10,100
100
584|
||Music as mission|expenditure|||4,956|4,956|4,381|
||Building for Life expenditure
Bank charges|||292,453
55|812,616
55|1,105,069
110|202,226|
||Diocesan loan interest||||563|563||
||Depreciation|||2,998||2,998|2,998|
|||||537,835|821,190|1,359,025|442,086|
||Total expenditure|||537,835|822,272|1,360,107|447,946|
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||||2020||
|---|---|---|---|---|
||USPG||1,500|1,000|
||CMS||1,500|1,000|
||Other regular giving from own funds||7,304|8,200|
||||10,304|10,200|
||Amounts
collected on behalf ofother charities this year were as follows:||||
||Christian|Aid||S,216|
||Partners|for change Ethiopia||374|
||St Martins
in the Fields Appeal|||220|
||Childrens|Society||114|
||Hampshire
and Islands Historic Churches Trust||695||
||Winchester
Hospice||695||
||||1,390|5,924|
|6|EMPLOYED|STAFF COSTS AND NUMBERS|||
||||2020||
||||f||
||Salaries and|wages|62,096|63,214|
||Employer's|pension costs|2,072|2,007|
||||64,168|65,221|
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|7 TANGIBLE ASSETS||||||
|---|---|---|---|---|---|
|||Church|Fixtures and|IT||
||||||Total|
|||organ|Fittings|Equipment||
|||f|f|||
|COST||||||
|At beginning
ofyear||14,990|||14,990|
|Additions|||43,071|6,980|50,051|
|At end ofyear||14,990|43,071|6,980|65,041|
|DEPRECIATION||||||
|At beginning
ofyear||2,998|||2,998|
|Charge||2,998|||2,998|
|At end ofyear||5,996|||5,996|
|NET BOOK VALUE||||||
|At end ofyear||8,994|43,071|6,980|59,045|
|At beginning
ofyear||11,992|||11,992|
|8 DEBTORS|||2020f||2019
f|
|Other debtors|||14,881||39,514|
|Prepayments
and accrued income|||205,066||165,018|
||||229,942||294,992|
|9 INVESTMENTS|||2020
f||2019
f|
|Investments|||53,860||48,930|
||||53,860||48,930|
|10 CREDITORS: amounts|falling due within one year|||||
|Trade creditors|||656||1,072|
|Taxation and social security|||346|||
|Agency collections
Accruals|||79,377||1,297
5,576|
|Deferred income|||526||2,792|
||||80,905||10,737|
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||||Balance at|||Transfers|Balance at|
|---|---|---|---|---|---|---|---|
||||1fanuary|||between 31December||
||||2020|Income|Expenditure|funds|2020|
||||f|f|||f|
|Restricted funds||||||||
|Building for|Life||606,831|210,486|(817,317)|||
|Children's
Work|||11,099||||11,099|
|Music as Mission|||4,486||(4,955)|469||
|Friends ofSt Matthew||with St Paul|624|1,549|||2,173|
|St Matthew'|s|||400|||400|
||||623,040|212,435|(822,272)|469|13,672|
|Designated|funds|||||||
|Wilkins Bequest|||91,910|26|(91,965)|29||
|Capital Fund|||11,992||(2,998)|50,051|59,045|
|Building for|Life||91,102||(200,450)|125,000|15,652|
|Scott Bequest||||715,000||(250,051)|464,949|
||||195,004|715,026|(295,413)|(74,971)|539,646|
|Unrestricted|funds||100,398|211,494|(242,422)|74,502|143,972|
|Total funds|||918,442|1,138,955|(1,360,107)||697,290|
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||||Baiance at|||Transfers|Balance at|
|---|---|---|---|---|---|---|---|
||||1January|||between 31|December|
||||2019|Income|Expenditure|funds|2019|
|||||E||||
|Restricted funds||||||||
|Building for|Life||293,823|436,598|(136,071)|12,481|606,831|
|Children's
Work|||11,417|1,000|(1,318)||11,099|
|Music as IVlission|||8,787||{4,301)||4,486|
|Friends ofSt Matthew||with St Paul|2,544|3,580||(5,500)|624|
||||316,571|441,178|{141,690)|6,981|623,040|
|Designated
funds
Wilkins Bequest|||164,313|1,673|(74,076)||91,910|
|Capital Fund|||14,990||(2,998)||11,992|
|Building for|Life||63,360|27,793||(51)|91,102|
||||242,663|29,466|(77,074)|(51)|195,004|
|Unrestricted|funds||113,999|222,511|{229,182)|(6,930)|100,398|
|Total funds|||673,233|693,155|(447,946)||918,442|
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|ANALYSIS OF FUNDS||||Other||
|---|---|---|---|---|---|
|||Restricted|Designated|unrestricted|Total|
|||funds|funds|funds|2020|
|Fund balances asat31December 2020are represented|by:|E|E|E|E|
|Tangible fixed assets|||59,045||59,045|
|Investments||||53,860|53,860|
|Other current assets||46,672|518,101|100,517|665,290|
|Current
liabilities||(33,000)|(37,500)|(10,405)|(80,905)|
|||13,672|539,646|143,972|697,290|
|||||Other||
|||Restricted|Designated|unrestricted|Total|
|||funds|funds|funds|2019|
|Fund balances asat31December 2019are represented|by:||||E|
|Tangible fixed assets|||11,992||11,992|
|Investments||||48,930|48,930|
|Other current assets||623,040|183,012|62,205|868,257|
|Current liabilities||||(10,737)|(10,737)|
|||623,040|195,004|100,398|918,442|
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