| Pages | Pages | ||||
|---|---|---|---|---|---|
| Trustees' annual report |
1 to 8 | ||||
| Independent examiner's report |
to the trustees | ||||
| Statement offinancial |
activities | 10 | |||
| Statement of financial |
position | ||||
| Notes to the financial | statements | 12to 19 | |||
| The following pages |
do not form part of | the financial | statements | ||
| Detailed statement of |
financial | activities | 21 | to 22 | |
| Notes to the detailed | statement | offinancial | activities | 23 |
| Year ended | 31stDecember 2020 | 31stDecember 2020 | |||||
|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||
| Unrestricted | Restricted | Endowment | |||||
| funds | funds | funds | Total funds | Total funds | |||
| Note | 6 | 6 | E | 6 | |||
| Income and endowments | |||||||
| Donations and legacies |
4 | 56,721 | 7,922 | 64,643 | 71,767 | ||
| Fees and lettings | 5 | 27,278 | 27,278 | 32,600 | |||
| Investment income |
6 | 1,892 | 955 | 2,847 | 2,967 | ||
| Other income | 7 | 2,751 | 2,193 | 1,934 | 6,878 | 13,767 | |
| Total income | 88,642 | 11,070 | 1,934 | 101,646 | 121,101 | ||
| Expenditure | |||||||
| Expenditure on |
|||||||
| charitable activities |
8,9 | 135,711 | 50,253 | 185,964 | 122,481 | ||
| Total expenditure | 135,711 | 50,253 | 185,964 | 122,481 | |||
| Net expenditure and net |
|||||||
| movement in funds |
(47,069) | (39,183) | 1,934 | (84,318) | (1,380) | ||
| Reconciliation offunds |
|||||||
| Total funds brought |
forward | 21,880 | 300,119 | 28,121 | 350,120 | 351,500 | |
| Total funds carried | forward | (25,189) | 260,936 | 30,055 | 266,802 | 350,120 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Note | 8 | |||||
| FIXEDASSETS | ||||||
| Tangible fixed assets Investments |
13 14 |
90,000 93,873 |
90,000 8?',865 |
|||
| 183,873 | 177,865 | |||||
| CURRENT ASSETS | ||||||
| De btoi'9 Cash at bank and In hand |
15 | 9,862 162,931 |
7,248 216,034 |
|||
| 162,783 | 223,282 | |||||
| CREDITORS: amounts | falling due | |||||
| within one year | 16 | (80,854) | (51,027) | |||
| NET CURRENT ASSETS | 81,929 | 172,255 | ||||
| TOTAL ASSETS LESS | CURRENT | |||||
| LIABILITIES | 286,802 | 350,120 | ||||
| NET ASSETS | 265,802 | 350,120 | ||||
| FUNDS OF THE CHARITY | ||||||
| Endowment funds Restricted funds |
30,055 260,936 |
28,121 300,119 |
||||
| Unrestricted funds |
(25,189) | 21,880 | ||||
| Total charity funda | 17 | 266,802 | 350,120 |
| 4. | Donations and legac |
i | es | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds f |
2020 f |
|||||
| DONATIONS | |||||||
| Planned Giving |
39,032 | 39,032 | |||||
| Gift aid | 10,164 | 10,164 | |||||
| Collections open plate | all services | 3,309 | 3,309 | ||||
| Sundry donations | 3,774 | 3,774 | |||||
| Donations to Church |
Restoration | Fund | 3,000 | 3,000 | |||
| Donations to Youth & |
Education | Fund | 4,922 | 4,922 | |||
| OTHER DONATIONS | AND LEGACIES | ||||||
| Fund raising | 442 | ||||||
| 56,721 | 7,922 | ||||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2019 | |||||
| f. | f | ||||||
| DONATIONS | |||||||
| Planned Giving |
42,109 | 42,109 | |||||
| Gift aid | 9,536 | 9,536 | |||||
| Collections open plate |
all services | 11,553 | 11,553 | ||||
| Sundry donations | 6,611 | 6,611 | |||||
| Donations to Church |
Restoration | Fund | |||||
| Donations to Youth & |
Education | Fund | 1,479 | 1,479 | |||
| OTHER DONATIONS | AND LEGACIES | ||||||
| Fund raising | 479 | 479 | |||||
| 70,288 | 1,479 | 71,767 | |||||
| 5, | Fees and lettlngs |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2020 | Funds | 2019 | ||
| f | f | f | f | ||
| Funeral | fees | 19,057 | 19,057 | 19,238 | 19,238 |
| Wedding | fees | 291 | 291 | 3,637 | 3,637 |
| Rent No | 4 | 6,693 | 6,693 | 6,117 | 6,117 |
| Church | Hall lettings | 1,237 | 1,237 | 3,608 | 3,608 |
| 27,278 | 27,278 | 32,600 | 32,600 |
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2020 | ||
| 6 | ||||
| Bank interest | 228 | 228 | ||
| Dividend | income | 1,664 | 955 | 2,619 |
| 1,892 | 955 | 2,847 | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2019 | ||
| f | 2 | E | ||
| Bank interest | 424 | 424 | ||
| Dividend | income | 1,616 | 927 | 2,543 |
| 2,040 | 927 | 2,967 |
| Unrestricted | Restricted | Endowment | Total | Funds | ||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2020 | |||||
| 6 | 6 | |||||||
| Unrealised | gains | on | investments | 1,881 | 2,193 | 1,934 | 6,008 | |
| Furlough | receipts | 870 | 870 | |||||
| 2,751 | 2,193 | 1,934 | 6,878 | |||||
| Unrestricted | Restricted | Endowment | Total | Funds | ||||
| Funds | Funds | Funds | 2019 | |||||
| 5 | F | |||||||
| Unrealised | gains | on | investments | 4,311 | 5,025 | 4,431 | 13,767 | |
| Furlough | receipts | |||||||
| 4,311 | 5,025 | 4,431 | 13,767 |
| Expenditure | on charitable a |
ctivities by fund t |
ype | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2020 | |||
| F | f | 6 | |||
| The Church | ofthe Ascension, | Wall Heath | 50,714 | 50,714 | |
| St. Marys, | Kingswinford | 83,767 | 50,253 | 134,020 | |
| Support costs | 1,230 | 1,230 | |||
| 135,711 | 50,253 | 185,964 | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2019 | |||
| 6 | F | ||||
| The Church | of the Ascension, | Wall Heath | 40,526 | 40,526 | |
| St. Marys, | Kingswinford | 77,280 | 77,280 | ||
| Support costs | 4,675 | 4,675 | |||
| 122,481 | 122,481 |
| Activities | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| undertaken | Support | Total funds | Total fund | ||||||
| directly | costs f |
2020 6 |
2019 | ||||||
| The Church | ofthe Ascension, | Wall | |||||||
| Heath | 50,714 | 1,200 | 51,914 | 41,726 | |||||
| St. Marys, Kingswinford | 134,020 | 30 | 134,050 | 80,755 | |||||
| 184,734 | 1,230 | 185,964 | 122,481 | ||||||
| Independent | examination | fees | |||||||
| 2020 | 2019 | ||||||||
| 6 | F | ||||||||
| Fees payable to the independent | examiner | for: | |||||||
| Independent | examination | of | the | financial | statements | 2,400 | 2,400 |
| Staff costs | |||
|---|---|---|---|
| The total staff costs and employee | benefits for the reporting | period are analysed as |
follows: |
| 2020 | 2019 | ||
| 6 | 6 | ||
| Wages and salaries | 1,795 | 1,282 |
| Tangible fixed |
assets | |
|---|---|---|
| Land and | ||
| buildings | ||
| Cost | ||
| At 1stJanuary | 2020 and 31st December 2020 | 90,000 |
| Depreciation | ||
| At 1stJanuary | 2020 and 31st December 2020 | |
| Carrying amount |
||
| At 31st December 2020 | 90,000 | |
| At 31st December 2019 | 90,000 |
| Investments | |
|---|---|
| Other | |
| Investments | |
| 6 | |
| Cost or valuation | |
| At 1stJanuary 2020 | 87,865 |
| Additions | |
| Fair value movements | 6,008 |
| At 31st December 2020 | 93,873 |
| Impairment | |
| At 1stJanuary 2020 and 31st December 2020 | |
| Carrying amount |
|
| At 31st December 2020 | 93,873 |
| At 31st December 2019 | 87,865 |
| 15. | Debtors | |||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Prepayments | and accrued income | 7,786 | 5,299 | |
| Other debtors | 2,066 | 1,949 | ||
| 9,852 | 7,248 |
| N | otes to the Financial S Year ended 31stD |
|
|---|---|---|
| 16. | Creditors: amounts | falling due within one year |
| Accruals and deferred | income |
| 2020 | 2019 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| E | ||||||||||
| Accruals | and | deferred | income | 80,854 | 51,027 | |||||
| 17. | Analysis | ofcharitable | funds | |||||||
| Unrestricted | funds | |||||||||
| At 1st | At 31st | |||||||||
| January | December | |||||||||
| 2020 | Income | Expenditure | 2020 | |||||||
| 8 | ||||||||||
| General funds | 21,880 | 88,642 | (135,711) | (25,189) | ||||||
| At 1st | At 31" | |||||||||
| January | December | |||||||||
| 2019 f |
Income F |
Expenditure | 2019 | |||||||
| General funds | 35,122 | 109,239 | (122,481) | 21,880 | ||||||
| Restricted | funds | |||||||||
| At 1st | At 31st | |||||||||
| January | December | |||||||||
| 2020 F |
Income f |
Expendituref | 2020 6 |
|||||||
| Education | Fund | 28,967 | 3,148 | 32,115 | ||||||
| Restoration | Fund | 149,899 | 3,000 | (50,253) | 102,646 | |||||
| Youth and | Education | Fund | 13,976 | 4,922 | 18,898 | |||||
| Property | Fund | 90,000 | 90,000 | |||||||
| Investment | Fund | 17,277 | 17,277 | |||||||
| 300,119 | 11,070 | (50,253) | 260,936 | |||||||
| At 1st | At 31st | |||||||||
| January | December | |||||||||
| 2019 | Income | Expenditure | 2019 | |||||||
| E | 8 | E | 5 | |||||||
| Education | Fund | 23,015 | 5,952 | 28,967 | ||||||
| Restoration | Fund | 149,899 | 149,899 | |||||||
| Youth and | Education | Fund | 12,497 | 1,479 | 13,976 | |||||
| Property | Fund | 90,000 | 90,000 | |||||||
| Investment | Fund | 17,277 | 17,277 | |||||||
| 292,688 | 7,431 | 300,119 |
| At 1st | At 31st | |||||
|---|---|---|---|---|---|---|
| January | December | |||||
| 2020 | Income 5 |
Expendituref | 2020 6 |
|||
| Permanent | Endowment | Fund | 28,121 | 1,934 | 30,055 | |
| At 1st | At 31st | |||||
| January | December | |||||
| 2019 | Income | Expenditure | 2019 | |||
| E | 6 | 8 | ||||
| Permanent | Endowment | Fund | 23,690 | 4,431 | 28,121 |
| Analysts | of net as | sets between | funds | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total Funds | |||
| Funds | Funds | Funds | 2020 | |||
| F | E | f | 6 | |||
| Tangible | fixed assets | 90,000 | 90,000 | |||
| Investments | 29,737 | 34,081 | 30,055 | 93,873 | ||
| Current | assets | 25,928 | 136,855 | 162,783 | ||
| Creditors | less than | 1 year | (80,854) | (80,854) | ||
| Net assets | (25,189) | 260,936 | 30,055 | 265,802 | ||
| Unrestricted | Restricted | Endowment | Total Funds | |||
| Funds | Funds | Funds | 2019 | |||
| 6 | 5 | 6 | ||||
| Tangible | fixed assets | 90,000 | 90,000 | |||
| Investments | 27,855 | 31,889 | 28,121 | 87,865 | ||
| Current | assets | 45,051 | 178,229 | 223,280 | ||
| Creditors | less than | 1 year | (51,025) | (51,025) | ||
| Net assets | 21,881 | 300,118 | 28,121 | 350,120 |
| Y | ear ended 31st Dece | mber 2020 | ||
|---|---|---|---|---|
| 2020 | 2019 | |||
| 6 | f | |||
| Income and endowments | ||||
| Donations and legacies |
||||
| Planned Giving |
39,032 | 42,109 | ||
| Gift aid | 10,164 | 9,536 | ||
| Collections open plate all services |
3,309 | 11,553 | ||
| Sundry donations | 3,774 | 6,611 | ||
| Donations to Church |
Restoration | Fund | 3,000 | |
| Donations to Youth |
6 Education | Fund | 4,922 | 1,479 |
| Fund raising | 442 | 479 | ||
| 64,643 | 71,767 | |||
| Fees and lettings | ||||
| Funeral fees | 19,057 | 19,238 | ||
| Wedding fees | 291 | 3,637 | ||
| Rent No 4 | 6,693 | 6,117 | ||
| Church Hall lettings |
1,237 | 3,608 | ||
| 27,278 | 32,600 | |||
| Investment Income |
||||
| Bank interest | 228 | 424 | ||
| Dividend income |
2,619 | 2,543 | ||
| 2,847 | 2,967 | |||
| Other income | ||||
| Unrealised gains on |
investments | 6,008 | 13,767 | |
| Furlough receipts |
870 | |||
| 6,878 | 13,767 | |||
| Total income | 101,646 | 121,101 |
| 2020f | 2019f | ||||
|---|---|---|---|---|---|
| Expenditure | |||||
| Expenditure on charitable |
activities | ||||
| Wages and salaries | 1,795 | 1,282 | |||
| Education expenses | 243 | 952 | |||
| Organ and music | 46 | 450 | |||
| Utilities —Gas | 3,959 | 3,887 | |||
| Utilities —Electricity | 1,845 | 1,842 | |||
| Utilities —Water | 264 | 203 | |||
| Utilities —Waste | 490 | 477 | |||
| Utilities —Wifl | 53 | ||||
| Repairs and maintenance | 74,427 | 3,177 | |||
| Insurance | 6,706 | 6,578 | |||
| Sundries | 3,388 | 2,472 | |||
| Donations | 2,095 | 5,913 | |||
| Legal and professional | fees | 1,230 | 4,675 | ||
| Churchyard expenses |
292 | 311 | |||
| Printing and stationery |
2,828 | 2,105 | |||
| Parish share | 69,848 | 68,479 | |||
| Clergy expenses | 2,724 | 4,477 | |||
| Caretaker costs | 833 | 1,485 | |||
| Wedding and funeral |
expenses - Weddings | 1,180 | |||
| Wedding and funeral |
expenses - Funerals/m | emorials | 12,307 | 11,448 | |
| Church services and | altar expenses | 591 | 1,088 | ||
| 185,964 | 122,481 | ||||
| Total expenditure | (185,964) | (122,481) | |||
| Net expenditure | (84,318) | (1,380) |
| Y | ear ended | 31st December | 2020 | |||
|---|---|---|---|---|---|---|
| 2020f | 2019 E |
|||||
| Expenditure on charitable |
activities | |||||
| The Church ofthe Ascension, | Wall Heath | |||||
| Activities undertaken | directly | |||||
| Education expenses | 243 | 952 | ||||
| Utilities —Gas | 2,818 | 2,244 | ||||
| Utilities —Electricity | 393 | 664 | ||||
| Utilities —Water | 131 | 110 | ||||
| Repairs and renewals | 11,930 | 1,925 | ||||
| Insurance | 1,481 | 1,454 | ||||
| Sundries | 675 | 977 | ||||
| Donations | 493 | 819 | ||||
| Printing and stationery |
2,034 | 627 | ||||
| Parish Share | 27,649 | 27,107 | ||||
| Clergy expenses | 2,034 | 2,162 | ||||
| Caretaker costs | 833 | 1,485 | ||||
| 50,714 | 40,526 | |||||
| Supportcosts | ||||||
| Accountancy fees |
1,200 | 1,200 | ||||
| St.Marys, Klngswlnford | ||||||
| Activities undertaken | directly | |||||
| Salaries | 1,795 | 1,282 | ||||
| Organ and music | 46 | 450, | ||||
| Utilities —Gas | 1,141 | 1,643 | ||||
| Utilities —Electricity | 1,452 | 1,178 | ||||
| Utilities —Water | 133 | 93 | ||||
| Utilities —Waste | 490 | 477 | ||||
| Utilities —Wifi | 53 | |||||
| Repairs and renewals | 62,497 | 1,252 | ||||
| Insurance | 5,225 | 5,124 | ||||
| Sundry expenses | 2713 | 1,495 | ||||
| Donations | 1,602 | 5,094 | ||||
| Churchyard expenses |
292 | 311 | ||||
| Printing and stationery |
794 | 1,478 | ||||
| Parish share | 42,199 | 41,372 | ||||
| Clergy expenses | 690 | 2,315 | ||||
| Wedding and funeral |
expenses —Weddings | 1,180 | ||||
| Wedding and funeral |
expenses —Funerals/m | emorials | 12,307 | 11,448 | ||
| Church services and | altar expenses | 591 | 1,088 | |||
| 134,020 | 77,280 | |||||
| Supportcosts | ||||||
| Accountancy fees |
1,200 | 1,200 | ||||
| Accountancy fees —overprovision |
prior year | (1,250) | 1,250 | |||
| Legal and other professional | fees | 80 | 1,025 | |||
| 30 | 3,475 | |||||
| Expenditure on charitable |
activities | 185,964 | 122,481 |