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2020-12-31-accounts

Page
Index to the Financial Statements
Charity Information
Trustees' Report 4-5
Statement ofTrustees' Responslbgities
Independent
Examiner's		 Report
Statement ofFinancial Activities
Statement ofFinancial Position
Statement ofCash Flows 10
Accounting
Policies		 11-12
Notes to the Accounts 13-18

During the year the following served as members ofthe PCC orassisted as members ofthe PCC orassisted In the running ofchurch activities.
Clergy: Term ofONce:
The Reverend
Trevor F Critchlow - Chair Ex-Officio		 Ex-Officio
Offic Holders: Term ofONce:
Mr Dan Forbes-Ford - Churchwarden Ends APCM 2026
Mr Roberto Ishiis - Churchwarden Ends APCM 2026
Ms Kelechi Ozoho - Churchwarden Ends APCM 2026
Mr Julian Casa - Deputy Churchwarden for Fabric Co-opted
Vacant- Deanery Synod Representative Ends 31stMay 2023
Ms Angels Hancock —Deanery
Synod Representative		 Ends 31stMay 2023
Mrs Bridget Casa - Treasurer Ends APCM 2021
PCC Secretary - Ms Angels Hancock Elected by PCC annually
Members: Term ofONce:
Eileen Longstaff Ends APCM 2023
Susan Pemam Ends APCM 2023
Victoria Obazs Ends APCM 2023
Jenny Efiwood Ends APCM 2023
Bunmi Fawehinmi Ends APCM 2022
Anam Peter Islam Ends APCM 2022
Lawrence McLaren Ends APCM 2023
Paid Staff in Attendance
to Advise
Ms Sarah Smith, Children
and Community		 Worker
Mr Baxter McRolston,
Parish Assistant

2020 2019
Unrestricted Rsstricted Endowment TotalFunds TotalFunds
Funds Funds Funds
Notes
Income from:
Donations
and legacies		 66,391 66,391 92,349
Other trading
activities		 26,216 26,216 33,328
Investments 58 2,166 2,224 2,749
Endowments 315 315 554
Total income 92,666 2,166 315 95,146 128,980
Expenditure
on:
Charitable
activities		 7 81,298 81,298 124,712
Totalexpenditure 81,298 81,298 124,712
Net gains/(losses) on investments 10 3,299 3,299 7,384
Net incomel(expenditure)
funds		 and movement in 11,367 5,466 315 17,147 11,652
Reconcgiatlon
of		 funds:
Total funds brought forward 13 752,482 241,658 74,262 1,068,402 1,056,750
Total funds carried forward 13 763,849 247 123 74)577 1 085 549 1~068)402

Notes 2020 2019
Cash flows from operating activities:
Net cash used in operating activities 12,821 5,269
Cash flows from investing activities:
Dividends,
interest and rents from investments		 2,224 2,749
Purchase ofinvestments (788) (759)
Net cash provided
by investing
activities		 1,436 1,990
Change
in cash and cash equivalents
in the		 reporting period 14,257 7,259
Cash and cash equivalents at the beginning ofthe reporting period 326,169 318,910
Cash and cash equivalents at the end ofthe reporting period 340,426 326,169
Notes to Cash Flow Statement 2020 2019
6 8
1 Reconcigatlon
ofnet income/(expenditure)		 to net cash flow from
operating
activities
Net income/(expenditure) for the reporting period (as per the statement offinancial
activities) 17,147 11.652
Adjustments
for:
Depreciation
charges		 873 1,024
(Gains)/losses
on revaluation
of investments		 (3,299) (7,384)
Dividends,
interest and		 rents from investments (2,224) (2,749)
(Increase)/decrease
in		 debtors (917)
Increase/(decrease)
in		 creditors 1,241 2,726
Net cash provided
by (used in) operating		 activities 12,821 5,269
2020
f		 2019
f
2 Analysis ofcash and cash equivalents
Cash in hand 340,426 326,169
Total cash and cash equivalents 340,426 326,169

ftet incoming resources 2020 2019
Net incoming resources are stated after charging: E E
Independent Examiners fees - Independent Examination services 1,800 1,200
Depreciation - owned assets 873 1,024

2020 2019
7 Expenditure
on charitable		 activities Unrestricted Restricted Total Total
E E E E
Common
fund		 8,834 8,834 34,300
Staff costs 20,452 20,452 22,196
Assigned
fees		 638 638 2,728
Grants made 2,445 2,445 2,770
Clergy expenses 657 657 1,637
Parish Assistant Accommodation StThomas House 8,217 8,217 8,101
Children
&Youth		 467
Church
running costs		 18,627 18,627 22,670
Legal &professional fees 3,776 3,776
Church repairs
& maintenance		 13,652 13,652 20,921
Weddings costs 218 218 360
Depreciation
charge for the year		 873 873 1,024
Sundry expenses 1,045 1,045 6,323
Bank charges 64 64 15
independent
examiner's - independent		 examination fess 1,800 1,800 1,200
81,298 124,712
Staffcosts 2020 2019
E E
Staff costs (Gross wages + Nl contributions +Pensions) 20,452
~0,452		 22,196
~2,1
No remuneration
was paid to any Trustee or their associates for services as a trustee during		 No remuneration
was paid to any Trustee or their associates for services as a trustee during		 the year ended 31 December 2020
nor to 31 December 2019.
Land a Plant &
Tangible fixed assets buadings machinery Total
E E E
Cost or valuation
Asat1 January2020 700,000 28,670 728,670
As at 31 December 2020 700 28,670 728,670
Depreciation
As at 1 January 2020 22,868 22,868
Charge for the year 873 873
As at 31 December 2020 23,741 23,741
Net book value
As at 31 December 2020 700,000 4,929 704,929
As at 31 December 2019 700,000 5,802 705,802

CCLA. Mary COLA ~ Mary CELA - PCC CCLA. Relief
1a Investments Bastow -¹3 Bastow -¹2 Income shares aic Total
E E E
Market value
As at 1 January 2020 1,309 3,999 26,010 16,371 47,690
Additions 788 788
Revaluations 84 256 1,833 1,126 3,299
As at 31 December 2020 1,393 4,255 28,631 17497 51 777
Number ofunits Unit Value E Total E
COLA - Relief a/c 854.00 20.4873 17,496.15
COLA - PCC income shares 1,397.47 20.4873 28,630.39
COLA - Mary
COLA - Mary		 Bastow -¹2
Bestow -¹3		 236.30
77.33		 18.0114
18.0114		 4,266.09
1,392.82
Total market value at year end 51,775.46
11 Debtors: amounts falling due within one year 2020 2019
E
Prepayments 917
917
12 Creditors: amounts falling due within one year 2020 2019
E E
Accruals 12,499 11,258
,4 9 11,258
Opening Resources Resources Other Closing
13 The funds of the charity: current period balance arising utglsed movements balance
E E E E E
R~~tricted~fn
Endowment
funds		 74,262 315 74,577
Restricted
income funds		 241,658 2,166 3,299 247,123
Total reslncted funds 315,920 2,481 3,299 321,700
Unrg~lri
(8tf funds
Designated
funds		 105,802 (873) 104,929
General funds 46,680 92,665 (80,425) 58,920
Revaluation
reserve		 600,000 600,000
Total unrestricted funds 752,482 92,665 (81,298) 763,849
1,068,402 95,146 (81,298) 3 299 1 085 549

22 Net assets attributable Net assets attributable Net assets attributable to funds: to funds: Revaluation General Designated Restricted Endowment
prior period reserve funds funds
8		 fundsf funds
K		 Total
6
Tangible fixed assets 600,000 47,690 105.802 753,492
Current assets 10,248 241,658 74,262 326,169
Currant liabilities (11.258) (11,258)
N t 8 t t dtfh d ~6Q.D00 46.680 105.802 241,658 74,262 1,068,402