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|The Parochial|The Parochial|Church Council comprises either (a) exofficio members|Church Council comprises either (a) exofficio members|Church Council comprises either (a) exofficio members|or members|or members|elected by|elected by|the|AnnualParochial|AnnualParochial|AnnualParochial|Church|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Meeting and
served on the||(b) co-opted members.
All members
of the PCC are Trustees
PCC for the whole ofthe period from 1"January 2020 to 27'||||of the Charity.
The individuals
listed
April 2021 unless indicated
otherwise|||||||below
either|
|by the end|of|the term ofoffice or resignation.||||||||||||
|Vicar|||Revd. Thomas Wharton|||||||||||
|Associate|Priest||Revd. Sally Womersley
(from 1"March 2020)|||||||||||
|Assistant|Curates||Revd. Nik Gower (until
1Sw March 2020)|||||||||||
||||Revd. Lee Thompson
(from 4w October 2020)|||||||||||
||||Revd. Paul Hollingworth
(Self-supporting
Minister)|||||||||||
|Churchwardens|||Mrs Janet Wallace (until 9'" September 2020 and also|||on Deanery||Synod|until that date)|||||
||||Mr Christopher
Pritchard|||||||||||
||||Miss Julie Carlton
MBE (from 9'" September 2020)|||||||||||
|Deanery Synod|||Miss Julie Carlton
MBE(PCC Secretary) and Mrs||Jane Horne||(both to 9'"||September||2020)|||
||||Mrs Patricia Kerridge,
Mrs Adrienne
Mordan,
Dr Patricia Brown (from 9'" September 2020)|Mrs Elizabeth|||Wagner and||Mr|Anthony||Cross.||
||||The current terms ofoffice ofthe Deanery Synod Representatives|||||terminate||at the 2023 APCM.||||
|Councillors|||Name|||||||||End ofterm||
||||Mr David Bibby|||||||||APCM|2023|
||||Dr Patricia Brown (until 9'" September 2020)|||||||||||
||||Mr Tim Burbidge|||||||||APCM|2021|
||||Mr Colin Davis (from 9'" September 2020)|||||||||APCM|2022|
||||Mr John Easton (from 9'" September
2020)|||||||||APCM|2022|
||||Mr Paul Ellis (from 9w September
2020)|||||||||APCM|2023|
||||Mr John Gould|||||||||APCM|2021|
||||Mrs Diane Hargreaves
Mr Nigel Herriott
(from 9"September 2020)|||||||||APCM
APCM|2021
2023|
||||Mr David Johnson|||||||||APCM|2021|
||||Mrs Pam Leech (PCC Secretary from 9'" September 2020)
Mr Rhys Lewis (Co-opted
until 9"September 2020)|||||||||APCM
APCM|2023
2023|
||||Mr David Newman|||||||||APCM|2022|
||||Mr Michael Prince|||||||||APCM|2022|
||||Mr Paul Quinnell
(from September 2020)|||||||||APCM|2023|
||||Mr lan Russell|||||||||APCM|2020|
||||Mrs Brenda Tribe (Co-opted)|||||||||APCM|2020|
||||Mrs Sue Tofts|||||||||APCM|2021|
|Timothy
Rogerson|||FCA serves as Treasurer to the PCC, although
he is not a Trustee||||or member||of|the PCC.||||
##
##
##
##
##
##
##
##
##
||||Notes|2020|2020|2020|2020|2019|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|Total|Total|
|||||Funds|Funds|Funds|Funds|Funds|
|||||E|E|E|f|E|
|Income and endowments|from||||||||
|Donations
and legacies|||2a|313,570|31,817|5,140|350,527|397,810|
|Activities for generating|funds||2b|8,434|6,463||14,897|65,602|
|Income from church activities|||2c|34,348|11,113||45,461|75,788|
|Investment
income|||2d|76,329|12,526||88,855|89,003|
|||||432,681|61,919|5,140|499,740|628,203|
|Expenditure
on|||||||||
|Church activities|||3a|405,668|55,872||461,540|553,075|
|Fundraising
osts|||3b|99|5,185||5,284|6,696|
|||||405,767|61,057||466,824|559,771|
|Net income before investment||gains||26,914|862|5,140|32,916|68,432|
|Gains and losses on investments||||1,897|24,045|170,207|196,149|448,989|
|Net income before transfers||||28,811|24,907|175,347|229,065|517,421|
|Transfer between
funds||||10,000|(10,000)||||
|Net movement
in funds||||38,S11|14,907|175,347|229,065|517,421|
|Funds brought
forward at|1January 2020|||335,496|600,571|2,461,025|3,397,092|2,879,671|
|Funds carried forward at|31December 2020|||3'74,307|615,478|2,636,372|3,626,157|3,397,092|
||||Notes|2020|2020|2019|2019|
|---|---|---|---|---|---|---|---|
|||||E|E|F|6|
|Fixed assets||||||||
|Investments|||||3,134,741||2,926,575|
|Current assets||||||||
|Stock||||14,167||14,497||
|Debtors||||40,697||93,302||
|Cash at bank and||in hand||456,680||414,403||
|||||511,544||522,202||
|Creditors: amounts||falling due||||||
|within one|year|||20,128||51,685||
|iVet current assets|||||491,416||470,517|
|Net assets|||||3,626,157||3,397,092|
|Funds||||||||
|Unrestricted
funds||||||||
|General fund||||93,606||78,302||
|Designated|funds|||280,701||257,194||
||||||374,307||335,496|
|Endowment
funds|||||2,636,372||2,461,025|
|Restricted funds|||||615,478||600,571|
|Totalfunds|||||3,626,157||3,397,092|
##
||||2020|2020|2019|2019|
|---|---|---|---|---|---|---|
||||6|6|||
|Net cash from operating
activities||(below)||(33,428)||(37,270)|
|Cash flows from investing
activities|||||||
|Dividends
and interest from investments|||87,722||87,948||
|Purchase offixed asset investments|||(12,017)||(8,287)||
|Net cash provided
by investing
activities||||75,705||79,661|
|Change
in cash and cash equivalents|in the year|||42,277||42,391|
|Cash and cash equivalents
at 1January 2020||||414403||372,012|
|Cash and cash equivalents
at 31December 2020||||456,680||414,403|
|Reconciliation
ofnet income before|investment|gains|||||
|to net cash provided
by operating
activities|||||||
|Net income before investment
gains||||32,916||68,432|
|adjustments
for:|||||||
|Dividends
and interest from investments||||(88,855)||(89,003)|
|Decrease/(increase)
in debtors||||53,738||(17,318)|
|Decrease in stocks||||330||259|
|(Decrease)/increase
in creditors||||(31557)||360|
|Net cash used by operating
activities||||(33,428)||(37,270)|
|Analysis of cash and cash equivalents|||||||
|Cash at bank and in hand||||456,680||414,403|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|2.Income and endowments|||||||
|---|---|---|---|---|---|---|
|||2020|2020|2020|2020|2019|
|||unrestricted|Restricted|Endowment|Total|Total|
|||Funds|Funds|Funcls|Funds|Funds|
|||E|E|E|E|E|
|a) Donations
and legacies|||||||
|Planned
giving||153,716|4,642||158,358|163,336|
|Income tax recoverable||43,621|523||44,144|44,872|
|Collections at services||27,385|||27,385|42,001|
|Other grants and donations||41,475|18,323||59,798|100,999|
|Fabric fund grants and donations|||8,329||8,329|28,602|
|Legacies||47,373||5,140|52,513|18,000|
|||313,570|31,817|5,140|350,527|397,810|
|b) Activities for generating|funds||||||
|Christmas
fair||||||5,621|
|Social Committee
activities||452|||452|6,573|
|StSwithuns'
activities||500|||500|1,DDD|
|Video team||120|||120|3,460|
|6iftsta
I I sa Ias|||6,229||6,229|10,738|
|Music in Romsey fees||1,72D|||1,720|17,411|
|Church rooms income||4,252|||4,252|14,969|
|Other fundra
ising activities||1,390|234||1,624|5,83D|
|||8,434|6,463||14,897|65,602|
|c) Income from Church activities|||||||
|Candles||2,362|||2,362|3,487|
|Fees for Carol Services||443|||443|10,080|
|income from Parish Magazine|||7,314||7,314|4,000|
|Bookstall sales|||2,122||2,122|5,760|
|Other church activities||17,615|1,677||19,292|13,058|
|Fees for Church. Services||13,928|||13,928|39,403|
|||34,348|11,113||45,461|75,788|
|d) Investment
income|||||||
|Interest receivable|||51||51|120|
|Dividends
and distributions||76,329|12,475||88,804|88,883|
|||76,329|12,526||88,855|89,003|
|Total incoming resources||432,681|61,919|5,140|499,740|628,203|
##
|3.Resources expended|3.Resources expended|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||2020|2020||2020|2020|2019|
|||||Unrestricted|Restricted||Endowment|Total|Total|
|||||Funds|Funds||Funds|Funds|F un cia|
|||||f|E||f|f|F.|
|ai Church activities||||||||||
|Missionary
and charitable|||giving|16,108|7,937|||24,045|24,841|
|Diocesan Share||||210,682||||210,682|209,178|
|Vicar's expenses||||25||||25|224|
|Other clergy expenses|||||||||2,889|
|Office costs||||11,601||||11,601|9,984|
|Abbey heating||||8,080||||8,080|11,098|
|Abbey lighting||||6,028||||6,028|10,826|
|Abbeyinsurance||||16,893||||16,893|19,302|
|StSwithun's
expenses||||2,245||||2,245|2,908|
|Repairs and security||||9,019||||9,019|10,462|
|Organ tuning
and|maintenance||||||||3,652|
|Organ restoration||||||||||
|Cleaning, water and churchyard||||2,030||||2,030|3,024|
|Church service costs||||1,262|2,429|||3,691|3,919|
|Bookstall purchases|||||1,573|||1,573|3,805|
|Education
and training|||||||||1,724|
|Abbey School||||3,030|1,571|||4,601|4,543|
|Church rooms expenditure||||1,911||||1,911|10,648|
|Salaries||||87,158|14,956|||102,114|102,772|
|Fabnc and Capital|expenditure|||11,087|16,110|||27,197|36,371|
|Choir and music||||5,557|4,789|||10,346|23,815|
|Parish Magazine costs|||||6,507|||6 r507||
|Other expenditure||||5,084||||5,084|47,760|
|||||397,800|55,872|||453,672|543,745|
|Governance
costs||||||||||
|Legal and professional||fees||660||||660|2,618|
|Accountancy||||2,500||||2,500|2,000|
|Audit fees||||4,708||||4,708|4,712|
|Total Governance|costs|||7,868||||7,868|9,330|
|Total for Church Activities||||405,668|55,872|||461,540|553,075|
|b) Fundraising
costs||||||||||
|Chdstmas
fair|||||||||178|
|Social committee|events||||||||1,210|
|Other fundraising|costs|||99||806||905|542|
|Gift stall purchases|||||4,379|||4,379|4,766|
|||||99|5,185|||5,284|6,696|
|Total resources expended||||405,767|61,057|||466,824|559,771|
##
##
|Staff costs|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||2020|2019||
|||||||||||||f||f|
|Wages and salaries||||||||||||91,817||94,113|
|Employers'
National|Insurance|||||||||||5,403||3,783|
|Pension costs||||||||||||4,894||4,876|
|||||||||||||102,114||102,772|
|Six (2019:six) people were||employed|||in the year, none ofwhom|||||earned more than f60,000 in either||tne current or comparative|||
|years.
No Trustee received||remuneration||||in the year (2019:none), but expenses were paid to one Trustee amounting to f25|||||||||
|(2019:three Trustees received f3,113).One Trustee received|||||||||musician fees amounting||to fnil (2019:6485).||||
|614,956(2019:f14,234) ofstaff costs|||||were met by a restdicted|||||fund with the balance and ag trustee||expenses
relating to|||
|unrestricted
funds.|Trustees'||expenses are in||||respect oftravel,||subsistence
and training.||In the view|ofthe Trustees there|is||
|no reumerated
key|management|||personnel.|||||||||||
|Fixed asset investments|||||||||||||||
||||||||2020|||2020|||||
||||||||Unrestricted|||Unrestricted|2020|2020|2020||
||||||||General|||Designated|Restricted|Endowment|Total||
||||||||Fund|||Fund|Funds|Funds|Funds||
||||||||f|||f|.6|f||f|
|Market value at 1January 2020|||||||7,857|||26,089|431,604|2,461,025|2,926,575||
|Additions||||||||253|||6,624|5,140||12,017|
|Disposals|||||||||||||||
|Revaluation
gains/(losses)||||||||432||1,465|24,045|170,207||196,149|
|Market value at31|December 2020||||||8,542|||27,554|462,273|2,636,372|3,134,741||
|Investments
comprise:||||||||||2020|2019|2020|2019||
|||||||||||Units|Units|f||f|
|General fund|||||||||||||||
|Strangers
Gift Fund|- CBFInvestment|||||||||145.31|141.08|2,971||«,698|
|Talbot Bequest - CBFInvestment||||||||||93.10|90.39|1,904||1,729|
|Corban Maintenance|Fund|-|CBFFixed|||||||1,417.07|1,371.49|2,397||2,247|
|Abbey Improvement|Fund - CBF Fixed|||||||||750.89|726.74|1,270||1,188|
|||||||||||||8,542||7,857|
|Capital Fund (Desig|notedj||||||||||||||
|CBFFixed||||||||||6,012.87|6,012.87|10,171||9,829|
|CBFInvestment||||||||||850.17|850.17|17,383||16,260|
|||||||||||||27,554||26,089|
|TOTAL Unrestricted||||||||||||36,096||33,946|
|Fabric Fund (Restricted)|||||||||||||||
|Wheeler Bequest - CBFInvestment||||||||||5,152.75|5,002.94|105,357||95,686|
|Wheeler Bequest - CBF Fixed||||||||||21,682.07|21,682.07|36,675||35,444|
|CBFInvestment||||||||||1,854.00|1,854.00|37,908||35,460|
|Corban Fabric Fund|—CBFInvestment|||||||||3,097.00|3,097.00|63,323||59,233|
|Fabric Trust - CBFlove&ment||||||||||1,004.78|975.57|20,544||18,659|
|CBF Fixed||||||||||4,227.96|4,227.96|7,152||6,911|
|Foster Lake Footner|Charity||—CBF|Investment||||||1,268.00|1,268.00|25,926||24,252|
|Foster Lake Footner|Charity||—Recoupment|||||||4,235.73|4,112.58|86,607||78,657|
|Foster Lake Footner|Charity||- CBF|Deposit||||||||9,895||9,128|
|Barelays Bank PLC Ordinary||shares||||||||8,810.00|8,810.00|12,923||15,826|
|Carried forwards||||||||||||406,310|379,256||
##
##
|||2020|2019|2020|2019|
|---|---|---|---|---|---|
|Investments
comprise:||Units|Units|6|f|
|Brought forwards||||406,310|379,256|
|Corbon Mointenonce|Fond (Restricted)|||||
|CBFInvestment||2,737.00|2,737.00|55,963|52,348|
|TOTAL restricted||||462,273|431,604|
|Robin Bishop Endowment||||||
|CBFInvestment||128,938.73|128,674.28|2,636,372|2,461,025|
|TOTAL investments||||3,134,741|2,926,575|
##
|Debtors||||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2020|2019|
|||||||||f|6|
|Gift aid||||||||6,405|4,742|
|Other debtors||||||||24,292|68,560|
|Loan to|the|Governors,|Romsey Abbey Church of England|||Primary School||10,0DD|20,000|
|||||||||40,697|93302|
|All amounts||fall due within|||one year (except 610,000ofthe Loan to the Governors,||Romsey|||
|Abbey Church of England||||Primary School in 2D19,which||was due in more than one|year).|||
|Creditors||||||||||
|||||||||2020|2019|
|||||||||f|f|
|Payment|due to Winchester||||Diocesan Board ofFinance||||15,000|
|Other creditors||||||||18,445|33,339|
|Special collections payable||||||||1,683|3,346|
|||||||||2D,128|51,685|
##
##
##
##
##
##
##
##
||||2019|2019|2019|2019|
|---|---|---|---|---|---|---|
||||Unrestricted|Restdcted|Endowment|Total|
||||Funds|Funds|Funds|Funds|
||||E|E||E|
|Income and endowments|from||||||
|Donations
and legacies|||273,513|124,297||397,810|
|Activities for generating||funds|54,354|11,248||65,602|
|Income from church activities|||70,028|5,760||75,788|
|Investment
income|||74,323|14,680||89,003|
||||472,218|155,985||628,203|
|Expenditure
on|||||||
|Church activities|||440,754|102,991||543,745|
|Fundraising
costs|||1,930|4,766||6696|
||||442,684|107,757||550,441|
|Gains and losses on investments|||3,505|56,351|389,133|448,989|
|Net income before transfers|||33,039|104,579|389,133|526,751|
|Transfer between
funds|||||||
|Net movement
in funds|||33,039|104,579|389,133|526,751|
|Funds brought forward at 1January 2019|||307,992|497,472|1,999,523|2,804,987|
|Funds carried forward at 31December 2019|||341,031|602,051|2,388,656|3,331,738|
|Additional
comparative|information for note 2||||||
||||2019|2019|2019|2019|
||||Unrestricted|Restricted|Endowment|Tatal|
||||Fund-|Funds|Funds|Funds|
||||E|E|E|E|
|a) Donations and legacies|||||||
|Planned
giving|||154,670|8,666||163,336|
|Income tax recoverable|||44,100|772||44,872|
|Collections at services|||42,001|||42,001|
|Other grants and donations|||14,742|86,257||100,999|
|Fabric fund grants and|donations|||28,602||28,602|
|Legacies|||18,000|||18,000|
||||273,513|124,297||397,810|
|bi Activities for gener ating||funds|||||
|Christmas
fair|||5,621|||5,621|
|2FCommittee
activities|||6,573|||6,573|
|StSwithuns'
activities|||1,000|||1,000|
|Video team|||3,460|||3,460|
|Giftstall sales||||10,738||10,738|
|Music in Romsey fees|||17,411|||17,411|
|Church rooms income|||14,969|||14,969|
|Other fundraising
activities|||5,320|510||5,830|
||||54,354|11,248||65,602|
##
|Additional
comporative|information|information|for note 2|(continued)||||
|---|---|---|---|---|---|---|---|
|||||2019|2019|2019|2019|
|||||Unrestricted|Restricted|Endowment|Total|
|||||Funds|Funds|Funds|Funds|
|||||6|6|E|6|
|c)Income from Church activities||||||||
|Candles||||3,487|||3,487|
|Feesfor Carol Services||||10,080|||10,080|
|Income from Parish Magazine||||4,000|||4,000|
|Bookstall sales|||||5,760||5,760|
|Other church activities||||13,058|||13,058|
|Fees for Church Services||||39,403|||39,403|
|||||70,028|5,760||75,788|
|d) Investment
income||||||||
|Interest receivable||||50|70||120|
|Dividends
and distributions||||74,273|14,610||88,883|
|||||74,323|14,680||89,003|
|Total incoming resources||||472,218|155,985||628,203|
|Additional
comparativeinformation|||for note 3|||||
|a) Church activities||||||||
|Missionary
and charitable||giving||18,386|6,455||24,841|
|Diocesan Share||||209,178|||209,178|
|Vicar's expenses||||224|||224|
|Othe; clergy expenses||||2,889|||2,889|
|Office costs||||9,984|||9,984|
|Abbey heating||||11,098|||11,098|
|Abbey lighting||||10,826|||10,826|
|Abbeyinsurance||||19,302|||19,302|
|StSwithun's
expenses||||2,908|||2,908|
|Repairs and secudty||||10,462|||10,462|
|Organ tuning
and maintenance||||3,652|||3,652|
|Organ restoration||||||||
|Cleaning,
water and churchyard||||3,024|||3,024|
|Altar requisites
and lectionaries||||3,919|||3,919|
|Bookstall purchases|||||3,805||3,805|
|Education
and training||||1,724|||1,724|
|Abbey School||||3,018|1,525||4,543|
|Church rooms expenditure||||10,648|||1D,648|
|Salades||||88,538|14,234||102,772|
|Fabric and Capital expenditure||||5,710|30,661||36,371|
|Choir and music||||11,903|11,912||23,815|
|Other expenditu. e||||13,361|34,399||47,760|
|||||440,754|102,991||543,745|
|Governance
costs||||||||
|Legal and professional|fees|||2,618|||2,618|
|Accountancy||||2,000|||2,000|
|Independent
examination||fees||4,712|||4,712|
|Total Governance
costs||||9,330|||9330|
|Total for Church Activities||||450,084|102,991||553,075|
##
##
|||||2019|2019|2019|2019||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|Total||
|||||Funds|Funds|Funds|Funds||
|||||E||6|6||
|b) Fundraising|costs||||||||
|Christmas|fair|||178|||178||
|Social committee||events||1,210|||1,210||
|Other fundraising||costs||542|||542||
|Gift stall purchases|||||4,766||4,766||
|||||1,93D|4,766||6,696||
|Total resources expended||||452,014|107,757||559,771||
|Comparative|information||for note 5||||||
|||||2019|2019||||
|||||Unrestricted|Unrestricted|2019|2019|2019|
|||||General|Designated|Restricted|Endowment|Total'|
|||||Fund|Fund|Funds|Funds|Funds|
|||||6||f|6|6|
|Market value at 1January 2019||||6,842|23,313|367,252|2,071,892|2,469,299|
|Additions||||286||8,001||8,287|
|Dlsposals|||||||||
|Revaluation|gains/(losses)|||729|2,776|56,351|389,133|448,989|
|Market value at 31December 2019||||7,857|26,089|431,604|2,461,D25|2,926,575|
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