2020-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St. Mary With St. Peter & St. Jude, West Brompton

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		Idnte	Idnte	Unrestricted	Unrestricted	Restricted	Endowment	Total	funds
					Funds	Funds	funds	2020	2019
								E	E
INCOME AND
ENDOWMENTS
Voluntary income		2a		119,420		24,723		144,143	175,619
Activities for generating	funds	2b			301			301	9,528
Income from investments		2c		30,050			4,995	35,045	36,316
Church activities		2d		41,511		1,456		42,967	85,578
Other incoming resources		2e		5,879		2,705		8,584	16,161
TOTAL INCOME				~197	I	28884	4995	231 040	323 202
EXPENDITURE
Church activities		3a		188,844		15,141		203,985	350,428
Raising funds		3b			116			116	3,551
Governance costs		3c			425			425	425
Other resources expended		3d		1,235				1,235	5,030
TOTAL EXPENDITURE				190	620	15 141		205 761	359434
NET INCOME I				6,541		13,743	4,995	25,279	(36,232)
(EXPENDITURE) BEFORE
INVESTMENT GAINS
TRANSFER FROM		I	I b			949	(949)
ENDOWMENT TO
RESTRICTED FUNDS
NET TRANSFERS BETWEEN		I	Ia
RESTRICTED AND
UNRESTRICTED FUNDS
NET GAINS/(LOSSES) ON							12,854	12,854	29,454
INVESTMENTS
NET MOVEMENT IN FUNDS				6,541		14,692	16,900	38,133	(6,778)
BALANCES B/FWD	AT			84,700		68,364	560,632	713,696	720,474
I JANUARY 2020 (2019)
BALANCES C/FWD	AT
31 DECEMBER 2020	(2019)

					Note	2020	2019
						6	6
FIXEDASSETS
Tangible fixed assets - other
CURRENT ASSETS
Debtors						11,153	12,478
RGT CBF Investment account		held	by	custodian		99,305	92,915
St Peter's Cranley Gardens	CBF Investment					32,820	30,709
account held by custodian
Louisa Wilson Legacy CBF Investment				account		67,649	63,296
held by custodian
Cash at bank and in hand:
RGT - deposit fund held by	custodian					208,864	207,981
St Peter's - deposit fund held		by custodian				5,282	5,282
RGT CBF Deposit account						90,346	89,964
PCC's CBF Deposit account						118,796	118,294
RGT general account						73,266	70,485
PCC's general account						64,954	59,957
						772,435	751,361
LIABILITIES:AiviOUNTS		FALLING DUE				20,606	37,665
WITHIN ONE YEAR
NET CURRENT ASSETS						751,829	713,696
NET ASSETS						~79	~l
FUNDS					10,11,12
Revaluation reserve - investments						75,376	62,524
Restricted						83,056	68,364
Unrestricted						91,241	84,700
Endowment						502,156	498,108
Approved by the Parochial	Church		Council on		hn ICE Qts
					Q c3%I	Q~ts	ILti

2 INCOM	E	AND E	NDOWM	ENTS
							TOTAL	FUNDS
				Unrestricted	Restricted	Endowment	2020	2019
				Funds	Funds	funds
				E	E	E		E
2(a) Voluntary income
Planned giving:
Gift Aid donations				85,989			85,989	78,985
Donations for music scholars					1,740		1,740	1,865
Donation for Fabric Fund					10,100		10,100	10,000
Donations for Garden		Project			333		333	32,590
Donations for garden		benches						5,290
Tax recoverable				17,213	6,875		24,088	17,440
Collection (open plate)		at all services		5,603			5,603	15,525
Collections through	Goodbox			3,469			3,469
Collection boxes in	church			1,473			1,473	983
Sundry donations				5,673			5,673	5,257
Donations, appeals	etc				5,675		5,675	7,361
Legacies								323
				E119420	E24 723	ENIL	E 144 143	E 175619
				Unrestricted	Restricted	Endowment	2020	2019
				Funds	Funds	funds
				E	E	E	E	E
2(b) Activities for generating			funds
Summer Fair								9,251
Parish lunches				132			132	277
Sale of cards and postcards				169			169
				f301	ENIL	ENIL	E'301	E9528

								Total	funds
					Unrestricted	Restricted	Endowment	2020		2019
					Funds	Funds	funds
					E	E		E		E
2(c) Income from investments
Bank and deposit interest					502		1,265	1,767		3,136
Dividends							2,781	2,781		2,701
Income from St Peter's	Trust						949	949		931
Mast income					29,548			29,548	29,548
					E30050	ENIL	f4995	E35045	E36316
2(d) Income from church activities
Fees for weddings and	funerals				2,117			2,117	4,551
Fees —payable to London			Diocesan	Fund		1,456		1,456		3,482
Church hire					3,405			3,405		3,100
Church hall letting:
Paint Pots					27,031			27,031	50,210
AA and NA meetings					2,295			2,295		9,015
Other hall bookings	and		car parking		6,410			6,410	14,440
Church flowers					175			175		425
Coffee income					78			78		355
					E41 511	El 456	ENIL	E42967	E85 578
2(e) Other incoming		resources
Recovery of VAT					1,373			1,373	11,860
Recovery of expenses					1,303	805		2,108		3,803
Recovery offloodlighting		costs			1,088			1,088		498
Recovery through Furlough			Scheme		2,115			2,115
Recovery of Deanery costs						1,900		1,900
					E5879	E2705	ENIL	EB584	E. I	6 161
TOTAL INCOME					E 197 161	E28884	E4995	F231 040	E323202

FOR	FOR	FOR		TH	E	YEAR EN	DED 3 I DE	CEMBER	2020
3 EXPENDITURE										Total	Funds
							Unrestricted	Restricted	Endowment	2020	2019
							Funds	Funds	funds
							6
3(a) Church activities
Missionary and charitable			giving:
Home missions and other			Church Societies
Bishop of London's	Lent		Appeal					200		200	200
Other charitable donations:
The RAHAB project								1,681		1,681	2,985
USPG								1,681		1,681
Teach a Man to Fish											2,985
Housing Justice								561		561
The GoGo Trust								561		561
Fearless								561		561
Solidarity Sports											1,000
Hope Gardens India											1,000
Funds held over to 2020											986
Less: amounts brought		forward				from 2020		(2,164)		(2,164)
Compassion UK								557		557	530
St Cuthbert with St	Matthias				C	of E Primary		802		802
School
Other								I 177		I 177	4 361
								~517		5617	14047
Ministry;
Diocesan parish share							90,000			90,000	87,000
Clergy expenses							216			216	648
Vicarage expenses							1,637			1,637	443
Clergy cover											372
Fees paid to London Diocesan						Fund		1,456		1,456	3,482
Sanctuary							338			338	684
Church - insurance							8,884			8,884	8,681
Church - running expenses				(light,		heat,	6,379			6,379	7,101
cleaning)
Church maintenance							4,947			4,947	9,963
Garden regeneration	costs										66,154
Garden maintenance								2,616		2,616	1,596
Installation of church	lighting										42,858
Repairs to drain from	vestry										17,068
New vestry boiler							2,774			2,774
Sunday school and youth		group			expenses						40
Second Half Club								58		58	245
Church music							11,552	949		12,501	14,404
Church music —music scholars							770	1,740		2,510	4,675
Church music —fees	recovered				for services			805		805	1,600
Recruitment											128
Verger's salary and costs							16,618			16,618	16,029
Administration:
Administrator							22,339	1,900		24,239	20,926
Printing and stationery							1,356			1,356	4,299
Other costs							4,934			4,934	8,516
Church Hall - water rates			and		council tax		1,859			1,859	1,911
Church Hall - running	expenses (light, heat,						10,003			10,003	11,983
cleaning)
Church Hall maintenance							4,238			4,238	5,575
							6188844	615 141	ANIL	6203985	6350428

											Total	Total	funds
						unrestricted			Restricted	Endowment	2020			2019
						Funds			Funds	funds
								E	E	E		E		E
3(b) Generation		ofvoluntary			income
Expenditure	on Summer			Fair										2,118
Expenditure	on Goodbox equipment													1,028
Goodbox charges						116					116
Expenditure	on flowers													405
						E I	I	6	ENIL	ENIL	~E. I	I	E3551
3(c) Governance			Costs
Independent	examiner's			remuneration		6425			ENIL	ENIL	E425			E425
3(d) Other	resources			expended
Legal and professional			charges
Professional	design		for	Garden Project										3,600
Other						1,235					1,235			1,430
						~I2		5	NIL	ENIL	~12	5	ES030
TOTAL	EXPEND			IT U RE		E190620			E I5 141	EN IL	E205 761		E359434
4 STAFF COSTS
										2020			2019
										E				E
Wages and salaries									44,071				52,089
Social security costs										3,081			2,318
Pension costs										1,938			2,097
									E49090				E56504
Less: PATE credit									3081				3	78
									E46,009				E52,719

	Parish	Hall, kitchen	Hall, kitchen	Piano	Com-	Telephone	Photo-	Total
	offices	and hall	flat		puters	&security	copier
		refurbishmen				systems
			t
			f.		E	E
GROSS BOOK VALUE
At I January 2020	32,681	46,392		8,600	2,518	4,485	8,007	102,683
Additions
Disposals							(8,007)	(8,007)
At 31 December 2020	32681	46	392	8 600	2518	4485	NIL	94676
DEPRECIATION
At I January 2020	32,681	46,392		8,600	2,518	4,485	8,007	102,683
Disposals							(8,007)	(8,007)
Charge for the year
Ar. 31 December 2020	32681	~46	92	8600	2518	4 485	NIL	94676
NET BOOK VALUE
At 31 December 2020	E NIL	E.NIL		E NIL	E NIL	E NIL	E NIL	E NIL
At 31 December 2019	ENIL	E	NIL	E NIL	E NIL	E.NIL	E NIL	E NIL

6 D	EBTORS
			2020	2019
			E
Bank and deposit interest due
Prepayments	and accrued income	11,153		12,478
		~EI	I 15	E I2478

		Redcliffe	St Peter' s	Louisa Wilson	Total
		Gardens	Cranley	Legacy	investments
		Trust	Gardens
			Trust
			E
Market value at	I January 2020	92,915	30,709	63,296	186,920
Net gains I (losses)		6,390	2,111	4,353	12,854
Market value at	31 December 2020	E99305	632820	E67649	E199774

8	LIABILITIES: AMOUNTS FA WITHIN ONE YEAR	LLING DUE
		2020	2019
		E
Deferred	income	8,090	19,000
Accruals	of utility and other costs	105	91
Creditors	for goods and services.
Goods	and services	4,660	3,672
Charitable	donations	5,846	11,935
Other creditors		1,905	2,967
		E20606	E37665

10 FUND D	ETAILS
		2020	2019
			E
General Fund (unrestricted)		91,241	84,700
Associate Vicar's Stipend Fund		32,500	32,500
Fabric Fund		49,461	34,361
Garden Regeneration	Fund	1,095	1,503
St Mary's Redcliffe Gardens Trust		416,476	412,429
St Peter's Cranley Gardens Trust		31,545	31,545
Louisa Wilson Legacy		54, 134	54,134
Revaluation Reserve -	investments	75,377	62,524
		E751 829	E713696

(a)	Unr	estric	ted and re	stricted funds
				Unrestricted	Associate	Fabric	Garden	Total (Restricted	and
				Funds	Vicar's Stipend	Fund	Regeneration	Unrestricted)
					Fund		Fund
							E
Balance	at	I January 2020		84,700	32,500	34,361	1,503	153,064
Incommg	resources			196,828		15,100	2,208	214,	136
Resources	expended			(190,287)			(2,616)	(192,903)
Investment	gains
Balance	at	31	December	E91 241	E32500	f49461	El 095	E I74	297
2020

						Unrestricted	Restricted	Restricted	St teary's	St Peter' s	Louisa	Total
						Funds	income and	funds (analysed	Redcliffe Gardens	Cranley Gardens	Wilson Legacy	Funds
							expenses	above)	Trust	Trust
							E	E		E
Balance at		I	January		2020	84,700		68,364	461,345	35,991	63,296	713,696
Incoming	resources					196,828	11,909	17,308	4,046	949		231,040
Resources		expended				(190,287)	(12,858)	(2,616)				(205,761)
Investment			gains	I (losses)					6,390	2,111	4,353	12,854
Transfer			of	St	Peter' s		949			(949)
income
Balance	at		31	December		E91 241	ENIL	E83056	E471 781	E38 102	E67649	E751 829
2020

I2	SUMMARY OF A	SSETS BYFUND
		Unrestricted	Restricted	Endowment	Total	Funds
		Funds	Funds	funds	2020	2019
					E	E
Fixed assets
Current	assets	105,546	89,357	577,532	772,435	751,361
Current	liabilities	(14,305)	(6,301)		(20,606)	(37,665)
		E91 241	El)3056	E577532	E751 829	~71 9