##
##
##
|YEAR ENDED 3I|D|ECEMBER 2020||
|---|---|---|---|
|Contents||||
|Annual
Report|||3-8|
|I.Reference snd administraove||information|3|
|2.Structure
governance
and|management||3 —5|
|2. 1 PCC (Trustee) responsibilities||||
|2.2 PCC (Trustee) appointments||||
|23 PCC Committees||||
|2.4 Public benefit||||
|3.Achievements
and performance|||5-7|
|3.1 Our Mhuon||||
|3.2Worship
snd Prayer||||
|33 PCC Review ofthe Year||||
|4. Financial
review||||
|5, Charitable
grams||||
|6. Investment
policy||||
|7.Reserves pohcy||||
|8. Risk assessment
and exposures||||
|9.Plans for the future||||
|10,lndependem
Exammer||||
|Independent
Examiner's|report|||
|Statement
ofFinancial Activrdes|||10|
|Statement ofFinancial Acdvfdes (2019compared ves)|||IOA|
|Balance Sheet||||
|Notes tothe Financial Statements|||12—21|
|I. Accoundng
polides|||12- 13|
|2. Income|||14|
|3. Expenditure|||15|
|4. Sodf costs|||16|
|5, Tangible Exed assets (for|use|by the PCC)|16|
|6. Fixed asset invesonents|||17|
|7. Debtors|||17|
|8. Short term deposits|||17|
|9, Creditors|||17|
|10.Analysis ofner. assets by|fund||18|
|I I. Fund movements
(induding||descnptions)|19—20|
|12, Vicar and churchwardens'|trusts||21|
|13.Revenue
commionents|||21|
|14.Transactions
with members||ofthe PCC|21|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted
funds|Restricted
funds|Endowment
funds|Tml 2020|Total 2019|
|---|---|---|---|---|---|---|---|
|Income||||||||
|Voluntary
income||20|169,895|48.789||216,684|225.545|
|Activities
for generating|funds|2b|16,394|||16,394|24,887|
|Income from investments||2c|15,447|2,286||17,733|17,396|
|Church
activities||2d|7,924|17,394||25,318|31,064|
|Other ordinary
incoming|resouroes|2e|||||1,260|
||||210,199|66,469||276668|300,152|
|Expenditure||||||||
|Fund-raising
costs|||72|||72|36|
|Church activities||3b|212.094|64,413||276,507|296.387|
||||212,166|64,413||276,579|296.424|
|Net Income|||(1,967)|2,056||89|3,728|
|Other recognised
gains snd losses||||||||
|Investment
revaluations||6|||5,510|5,510|12,806|
|Net movement
in funds|||{1,967)|2,056|5,510|5,599|16,334|
|Accumulated
funds brought forward||11|38,080|115,719|80,082|233,880|217,548|
|Accumulated
funds camed|forward|11|36,113|117,775|85592|239,479|233,880|
##
##
|||||Linrestrlcted
funds|Restricted
funds|Endowment
funds|Tot 12019|Tml 2018|
|---|---|---|---|---|---|---|---|---|
|||||f|f|f|f.||
|In co rrre|||||||||
|Voluntary
income|||2a|170,528|55,017||225,545|289,687|
|Activities for generating|funds||2b|24,887|||24.887|25.990|
|Income from investments|||2c|15,177|2,219||17,396|17254|
|Church activities|||2d|27,685|3,379||31,064|42,053|
|Other ordinary
incoming|resources||2e|1,260|||1,260|125|
|||||239,538|60,615||300,152|375,109|
|Expendhurs|||||||||
|Fund-raising
costs|||3a|36||||871|
|Church acttwties|||3b|229,478|65,911||296,387||
|||||229514|66911||296,424|549356|
|Net Income||||10,024|(6296)||3,728|(174,246)|
|Other recognised
gains and losses|||||||||
|Investment
revaluations||||||12,606|12,606|(1,066)|
|Net movement
In funds||||10,024|(6296)|12,606|16,333|(175,312)|
|Accumulated
funds brought||forward|11|28,056|122.015|67,476|217,548|392,860|
|Accumulated
funds carried||forward|11|38080|115,719|80,082|233,880|217,548|
##
##
##
|2|Income||||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted||Total|Total 2019|
|||||funds|funds||2020||
|2a|Vofuntaryincome||||||||
||Planned
giving|||72,257|||72457|77,131|
||Service collections|||4,815|||4,815|15,511|
||Sundry donations|and appeals||19,307||120|19,427|37,787|
||Income tax recoverable|||21,948|3,656||25,604|25,871|
||Grants|||50,117|43,013||93,130|69,445|
||Legacies|||1,450|||1,450||
|||||169,895|46,788||216,684||
|Zb|Activities for generating||funds||||||
||Fund-raising
events|||4,061|||4,061|6,551|
||Bookstall|||281|||261|696|
||Car parking|||12,052|||12,052|17,640|
|||||16,394|||16,394|8|
|2c|income from investments||||||||
||Rental Income|||15,100|||15,100|14,542|
||Dividends
and interest|||347|2,286||2 633|2,854|
|||||15,447|2|2S6|17733|17,398|
|2d|Church activities||||||||
||Churt:h and hall lettings|||3,979|||3,979|9,920|
||Vveddingsffunerals|fees||3,290|||3,290|15,112|
||Parish magazines|||209|||209|762|
||Other church
activities|||447|17,394||17,840|5,270|
|||||7,924|17,394||25,318|31,063|
|2e|Orner ordinary
incoming||resources||||||
||Sundry income|||539||||1,260|
|||||||||1,260|
||Total Income|||210199|66,468||276,668|300,152|
##
|3|Expenditure|||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total 2020|Total 2019|
|||||funds|funds|||
|3a|Genersling
funds costs|||||||
||Csrk park|||72||72|36|
||Fund raising events|||||||
|||||72||72|36|
|3b|Church activities|||||||
||Missionary
and charttable||glvlngI'|||||
||Grants|||1,450||1,450|2,574|
||Mim sin/ costs:|||||||
||Diocesan parish contribution|||92,463||92,463|89,629|
||Other clergy costs|||8,683||8,683|23,480|
||Church
running
expenses|||36,609||36,609|37,226|
||Church maintenance|||659|56,075|56,734|51,829|
||Other church acdvities|||702||702|1,729|
||Worship expenses|||667||667|2,117|
||Choir and music|||22,227|7,719|29,946|38,265|
||Sunday school costs||||619|619|434|
||Church
hall running|costs||3,068||3,066|7,177|
||Parish Church shop|||11||11|878|
||Staff Salaries|||30,977||30,977|15,963|
||Wedding/funeral
fees
Oittce costs|||3,108
7,571||3,108
7,571|11,135
10,055|
||Independent
examination|||3900||3900|3900|
|||||212,094|64,413|276,507|296,388|
||Total Expenditure|||212,166|64,413|276 579|296425|
##
|||2020|2019|
|---|---|---|---|
|||E|6|
|Salaries (ind service fees)||30,355|19,133|
|Pension costs|||615|
||||9.|
|Salary costs of617,910(2019 - Enil) were grant funded.||||
|The average number ofemployees|during the year was 2 (2019-1).|||
##
|Tangible
fixed assets (for use by the PCC)||
|---|---|
||Freehold|
||land and|
||buildings|
||6|
|Cost||
|At 1 January 2020 and||
|at 31 December 2020|16360|
|Depreciation||
|At 1 January 2020|13,691|
|Charge for the year||
|At 31 December 2020|13,691|
|Net book value||
|At 31 December 2020|2,589|
|At 31 December 2019|2,569|
##
##
|6|Fixed asset investments|Fixed asset investments||||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||||||8||
||At 1 January
2D20|||||80,082|67,474|
||Revaluation
surplus/(de5ctt)||in the|year||5,510|12,608|
||At 31 December 2020||||||80,002|
||Represented
by:|||||||
||Chumh
of England|CBF investment||fund units:||||
||Day and sunday|school fund (1,879 units)|||(note 11.4)|38,420|35,939|
||Choir scholarship|fund (2,103units)|||(nole 11.5)|43,011|40233|
|||||||81,431|76,171|
||Charities
official investment||fund (COIF) units:|||||
||BaNersbee fund|(231 units)|||(note 11.9)|4,161|3,911|
|||||||85,592||
|7|Debtors|||||||
|||||||2020|2019|
|||||||6||
||Income tax recoverable|||||4,424|6,576|
||Other debtors|||||37,806|15,135|
||Prepayments|||||9,521|9,945|
|||||||51,751||
##
##
##
|10|Analysis|ofnet assets by fund||||At|
|---|---|---|---|---|---|---|
||||Unmsuicted|Resbicted|emfmmmnt|31-Dec-20|
||||funds|funds|funds|Total|
||||6|6|6|5|
||Tangible|fixed assets|2,589|||2589|
||Fixed assai investments||||85,592|85.592|
||Debtors
srmrt term depodts
Cash at bank||16,365
56,487|35.387
43,681
64200||51,752
43,681
120.887|
||Creditors|due within one year|(39.328}|(25,494)||(64,822)|
||||36,113|117,774|85592|~239 479|
##
|Alift|||||
|---|---|---|---|---|
|nayss ons assets by fund||||At|
||unrestricted|Restricted||31-Deo19|
||funds|funds||Totm|
||6|F.|||
|Tangible fixed assets
Fixed asset investments||||2,589
80.082|
|Debtors
Short term deposris
Cash et bank
Creditors
due wllhin one year|37gt69
(25,178)|8,857
61,631
55332||31,656
51,631
93,099
(25,178)|
|Net assets|38.080|115,719|80,082|233,860|
||Note|At|
|---|---|---|
||ref|t-Jsn-20|
|Unrestricted|||
|General fund|11.1|20,388|
|St George' s, Waddon|11.2|17,694|
|||38,080|
|Restrrctsd|||
|Fabncfund|11.3|56,294|
|Day and sunday school|11.4|8,705|
|Choir scholarship|11.5|7,453|
|Frtends ofmage|11.6|41|
|Choral education|11.8|10,000|
|St Gearge's, Waddon|11.2|7,053|
|Bell fund|||
|Endowment|||
|Dsy and sunday school|11.4|35,939|
|Choir scholarship|11.5|40,233|
|Battsrsbee|11.9|3,911|
|Total funds|||
|Movement|Movement|In resources|In resources|At|
|---|---|---|---|---|
|Incoming|Outgoing||Transfers|30-Dec-20|
|F.||6|||
|181,693||(183,886)|5,000|23,193|
|23506||28280||12.920|
|205,199||212166|5000|36113|
|31,848||(21,272)|686|67,555|
|1,078||(257)||9.527|
|1,207||(833)||7,826|
|21,019||(6,885)||14,174|
||||(5,000)|5,000|
|7,000||(362)||13,691|
|9,316||34 803|(686l||
|71,468||64,413&|'S,000|117.774|
|2,482||||38.420|
|2,778||||43,011|
|250
5510||||4 161
~85592|
|282,178||276 579||239,479|
|||Note|At|
|---|---|---|---|
|||ref|(&an-19|
|Linrestricted||||
|General fund
St George' s, Waddon||11 I
11.2|6,617
21,439|
||||28.056|
|Rssiricfed||||
|Fabric fund||11.3|67.381|
|Day and sunday|school|11.4|8,092|
|Choir scholarship
Friends ofmusic||11.5
11,6|9,071
7w84|
|Choral education||11,8|15,493|
|StGeorge' s, Waddon||I1.2|5,447|
|Bell fund||11.10|9447|
||||122015|
|Endowment||||
|Day and sunday|school|11.4|30,272|
|Choir scholarship||11.5|33,887|
|Battersbee||11.9|3,318|
||||67,474|
|Total funds|||217,548|
|Movement|Movement|in resources|in resources|At|
|---|---|---|---|---|
|Incaming|Outgoing||Transfers|31-Dec-19|
||||6||
|207,557||(199,281)|5,493|20,386|
|26488||30,233||17694|
|234,045||229514|5,493|38080|
|39,934||(51,020)||56294|
|1,047||(434)||8,705|
|1,172||(2,790)||7,453|
|3,894||(11,137)||41|
||||(5,493)|10,000|
|3,136||(1,530)||7,053|
|16925||||26 172|
|66 108||I66911|5493)|115719|
|5,667||||35,939|
|6,346||||40,233|
|595||||3911|
|12608||||80082|
|312761|'296,425|||233,880|
##
##
##
##
##
##
##
##
##
##
||||2020|||
|---|---|---|---|---|---|
|Endowment
capital: (Market values)||||||
|Cerokne snd Bizs Day|Bounty|||||
|(Charities
official investment||fund-||||
|1,473 income shares)|||24|646|24.880|
|Sarah Ann Huntingfotd|Chanty|||||
|(Charities
official investment||fund—||||
|45 income shares)|||753||780|
|Income
in the year
Expenditure
in the year
Het income||||787
787|771
~27}
744|
|Accultull sted
incorrle:||||||
|At 31 December 2020 (note 9)||||||