This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

PDF
Markdown

2020-12-31-accounts

Refer	ence and Administrative D	etails
Trustees	Canon Lucy Holt
	Jill Bailey (Appointed 25.10.20)
	Lydia Butler (Appointed		25.10.20
	Jane Clarke (Resigned		25.10.20)
	Pamela Edwards	(Resigned		25.10.20)
	Nick Hodgson
	Kate Jones (Resigned		25.10.20)
	Brian Luck
	Paul Luxton (Appointed		25.10.20)
	Carol McDonald
	Patrick McDonald	(Resigned		25.10.20)
	Sue Mothersole
	Caroline Oehring	(Appointed		25.10.20)
	Anne Poate
	Kayleigh Smith
	Neil Tilsed

			As at 31s	t December	2020
Income and Endowments		from
			General	Design	Restr'd	Endow	Total	2019
Donations and Legacies			56,563		700		57,263	88,233
Charitable Activities			6,877		558		7,435	13,919
Grants			13,114		12,313		25,427
Investments			17,090	125		1,752	18,966	19,456
Mission					206		206	1,922
Other Income —Diocese Loan								14,000
Trading Activities			76				76	232
Total			93,720	125	13,777	1,752	109,374	137,762
Expenditure on
Administration			88,137		2,276		90,413	90,348
Balston Terrace			1,860				1,860	3,028
Building Major Works			18,673		2,827		21,500	3,727
Church Centre Costs			5,986				5,986	7,305
Church Running Costs			15,825		1,238		17,063	24,945
Mission					596		596	2,374
Total			130,481		6,937		137,418	131,727
Net Income (Expenditure)
before transfers			(36,761)	125	6,840	1,752	(28,044)	6,035
Transfers between	funds
Gross transfers in			463		361		824	76,717
Gross transfers out			(361)		(463)		(824)	(76,717)
Gains/(losses) on Invest Assets						10,175	10,175	7,117
Net movement in funds			(36,659)	125	6,738	11,927	(17,869)	13,152
Reconciliation of	Funds
Total funds brought	forward		85,542	25,100	231,422	121,413	463,477	450,325
Total funds carried	forward		48,883	25,225	238,160	133,340	445,608	463,477

				Note	General	Design	Restr'd	Endow	2020	2019
Fixed Assets
Investments					4,000			132,885	136,885	125,012
Tangible					8,137		220,968		229,105	231,209
					12,137		220,968	132,885	365,989	356,221
Cash at Bank and		In	Hand
Children's Choir					221				221	221
Churches Mutual	Credit Union					25,225			25,225	25,100
Little Jemms							98		98	58
Lloyds Unrestricted		Account			11,787				11,787	23,065
Lloyds Restricted	Account				2,264		17,095		19,359	24,378
Short Term Shareholdings								455	455	401
CBFDeposit Account					26,054				26,054	38,247
					40,325	25,225	17,193	455	83,199	111,470
Debtors					4,666				4,666	4,472
Current Assets					44,991	25,225	17,193	455	87,865	115,942
Current Liabilities
Creditors					8,246				8,246	8,686
Fund Transfer
Net Assets less	Liabilities				48,883	25,225	238,160	133,340	445,608	463,477
Net movement	in	Funds			(36,659)	125	6,738	11,927	(17,869)	13,152
Total Funds brought			forward		85,542	25,100	231,422	121,413	463,477	450,325
Total Funds carried			forward		48,883	25,225	238,160	133,340	445,608	463,477

				CBF	CBF
				Accum	Income
Fixed Assets		Note		Units	Units	Total
				No3 Coup
Endowment Funds
Gains on Investments				2,768	7,353	10,121
Dividends added	back to	Investments		1,752		1,752
Total Funds Brought forward				18,088	106,924	125,012
Total Funds Carried forward				22,608	114,277	136,885
			Cost	Accum	Depr	Disposal	Net Book
Tangible		2		Depr	This Yr		Value
Centre Equipment			2,115	(2,043)	(72)
Centre Kitchen			5,830	(3,284)	(583)		1,963
Church Centre			4,250				4,250
Church Furniture	8 Equipment		20,202	(16,829)	(1,449)		1,925
House Church Worker			220,968				220,968
			253,365	22,156	2,104		229,105
Debtors					2020		2019
Prepayments					2,836		3,057
Sundry Debtors					1,830		1,415
					4,666		4,472
Creditors
Accruals					3,854		5,300
Community Meals					998		1,185
Diocese Creditor					412		640
Funeral/Wedding	Creditor				912		50
Paye/Ni							502
Sundry Creditors					1,120		609
Wedding Deposits					950		400
					8,246		8,686

		StJames' Church, Poole	StJames' Church, Poole	StJames' Church, Poole	StJames' Church, Poole	StJames' Church, Poole
		Notes to the Financial Accounts
	For	the year	ended	31st	December 2020
		Fund	Resources					Fund
		Balances	Incoming	Outgoing		Transfers	Gains	Balances
Designated Funds		2019						2020
Rector & Ch Wardens		25,100	125					25,225
		25,100	125					25,225
Endowment Funds
Lester Legacy		20,394					1,478	21,872
St James/Paul's	Repairs	101,019	1,752				8,697	1 I1,468
		121,413	1,752				10,175	133,340
Restricted Funds
All Churches			3,953	(2,827)				1,126
Belfry		2,196	72		(684)			1,584
Bible Society			106		(106)
Children's Society			100		(100)
Community Meals		1,184				(187)		997
Faithworks Wessex			270		(270)
Fellowship		1,810	50					1,860
Grants & Donations		164						164
Housing Fund		220,968						220,968
Little Jemms		1,663	166		(98)	85		1,816
Luncheon Club		61						61
Outreach		252						252
Poole Deanery			8,360	(2,276)				6,084
Rectors Needy		926	700		(456)			1,170
Sunday Club		508			(120)			388
Youth Work		1,690						1,690
		231,422	13,777	(6,937)		(102)		238,160
General Fund		85,542	93,720	(130,481)		102		48,883
Total Funds		463,477	109,373	(137,418)			10,175	445,608

INCOME	AND ENDOWM	ENTS FROM
Donations	and Legacies	Unrestr'd	Desig'd	Restr'd	Endow	2020	2019
Church Collections		2,472				2,472	4,945
Collection	Boxes	1,466				1,466	1,596
Donations		1,676	—	700		2,376	3,764
Freewill Envelopes		575				575	1,104
Gift Aid Tax		9,270				9,270	10,746
Gift Day							2,084
Grants							200
iZettle		14				14	5
Legacies		1,000				1,000	20,000
Occasional	Services						663
Parish Giving Scheme		10,830				10,830	8,353
Regular Giving		28,400				28,400	31,551
Special Gifts							1,500
Visitor Gift	Aided Giving	860				860	1,722
		56,563		700		57,263	88,233
Charitable	Activities
Belfry				72		72	577
Children's	Choir						277
Concert Recitals							5,236
Education	Fund	4,061				4,061
Faithworks	Wessex			270		270
Fees		2,096				2,096	5,720
Fellowship				50		50	260
Functions	8 Events	720				720
Fund Raising							235
Little Jemms				166		166	621
Nativity							416
Sundry Income							577
		6,877		558		7,435	13,919

INCOME AND	ENDOWMENTS	FROM	Continued	Continued
Investments	Unrestr'd		Desig'd	Restr'd	Endow	2020	2019
Church Centre Income		3,371				3,371	3,353
Dividends		643			1,752	2,395	3,208
Interest Received		157	125			282	329
Rental Balston Terrace		12,919				12,919	12,566
		I7,090	125		1,752	18,967	19,456
Trading Income
Card Sales		76				76	232
Mission
Bible Society				106		106	266
Children's Society				100		100	347
Christian Aid							127
Radio Solent							591
Routes to Roots							591
Total Mission				206		206	1,922
Grants
Furlough Grant		7,928		1,360		9,288
Poole Deanery Grant				7,000		7,000
Back of Church	work			3,500		3,500
Nativity Grant		400				400
VAT Refunds		4,786		453		5,239
		13, I I4		12,313		25,427

	StJames' Church,	Poole
	Statement of Financial	Activities
Analysis	of Income and Expenditure	as at 31st December 2020
INCOME AND	ENDOWMENTS FROM Continued
	Unrestr'd Desig'd	Restr'd	Endow	2020	2019
Diocese Loan					14,000
Total Income	93,720 125	13,777	1,752	109,374	137,762

Analysis of Incom	Analysis of Incom	Analysis of Incom	e and Expe	nditure	as at 3	1st Dec	ember 20	20
EXPENDITURE ON			Unrestr'd	Desig'd	Restr'd	Endow	2020	2019
Charitable	Activities
Administration		Costs
Accountant			385				385	384
Administration			751				751	818
Bank Charges			99				99	108
Bookkeeping			1,020				1,020	1,020
Clergy Expenses								244
Copier charges			452				452	674
Depreciation			2,104				2,104	2,163
Leasing Office Machinery			922				922	922
Musician Expenses								1,533
Salaries and	Pension		22,480		2,276		24,756	22,495
Parish Share			58,278				58,278	58,433
Postage			193				193	169
Telephone			1,453				1,453	1,385
			88,137		2,276		90,413	90,348
Church Centre		Costs
Cleaning 8 Caretaking			1,091				1,091	1,821
Electricity			863				863	960
Gas			410				410	496
Insurance			2,257				2,257	2,206
Maintenance			432				432	269
Management	fee		684				684	1,279
Water Rates			249				249	274
			5,986				5,986	7,305

Analysis	Analysis	of Inc	ome and Expe	nditure	as at 3	1st Dec	ember 20	20
EXPENDITURE		ON C	ontinued
Charitable	Activities		Unrestr'd	Desig'd	Restr'd	Endow	2020	2019
Church Running		Costs
Architect			585				585	5,255
Belfry					684		684	974
Cards			95				95	62
Children Expenses								10
Children's Choir								63
Christmas			177				177	171
Cleaning 8 Caretaking			533				533	513
Consumables			99				99	285
Electricity			1,244				1,244	1,796
Equipment
Flowers								143
Gas			868				868	2,043
Insurances			6,303				6,303	6,326
Licences			652				652	597
Little Jemms					98		98	647
Maintenance			2,611				2,61 I	2,852
Major Works								17
Nativity			1,461				1,461	911
Organ Piano	Maintenance							868
Rector's Needy					456		456
Refreshmenmts			166				166
Relief Organist
Running Costs			512				512	928
Security			422				422	387
Water			97				97	97
			15,825		1,238		17,063	24,945

EXPENDIT	URE ON Conti	URE ON Conti	nued
Charitable	Activities
Mission			Unrestr'd	Desig'd	Restr'd	Endow	Total	2019
Bible Society					106	-	106	266
Children's Society								518
Christian Aid					100		100	127
Faithworks Wessex					270		270
Fellowship								100
Foodbank								50
Miscellaneous	Gifts							11
Radio Solent								591
Routes to Roots								591
Tearfund					120		120	120
Total					596		596	2,374
Other Expenditure			Unrestr'd	Desig'd	Restr'd	Endow	Total	2019
Balston Terrace Insurance			395				395	382
Balston Terr	M'ment Fee		1,264				1,264	1,243
Balston Terrace Run Costs			202				202	1,403
			I,860				1,860	3,028
Major Works			I8,673		2,827		21,500	3,727
Total Charitable		Activities	130,48 I		6,937		137,418	131,727