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|||||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|
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||||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|
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||||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|
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|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|
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|||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|
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|||||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|
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|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|
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|||||||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|
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|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|
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|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|
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|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|
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||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|
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||||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|
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|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|
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||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|
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|||||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)|
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|||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|
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