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2020-12-31-accounts

The Parish of Ewhurst with Okewood and Forest Green

Charity No. 1134020

Trustees' Report and Unaudited Accounts

31 December 2020

The Parish of Ewhurst with Okewood and Forest Green Contents

Pages - Trustees' Annual Report - Independent Examiner's Report

Page 1

The Parish of Ewhurst with Okewood and Forest Green Trustees Annual Report

EOFG Parish

The Trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2020.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 1134020

Principal Office

The Rectory The Street Ewhurst Surrey GU6 7PX

Trustees

The following Trustees served during the year:

P. Bennet

T. Brimelow

B. Bruford

M. MATTHEWS

C. Shepherd

C. Ward

Directors of Corporate Trustees

Rev Clare Shepherd

Directors of Corporate Trustees
Rev Clare Shepherd
Rev John Marsh Peter Bennet Michelle Matthews FCCA
Bill Bruford Tony Brimelow Amber Woods
Mike Brady Shirley Dighton Jane Harry
Clive Ward
Val Henry Jan Jesson Liz Thorne
Janet Templeman / Liz Tingley Jan Moir Sarah Smith
David Steel Angie Thomas Barry Thompson

Accountants

MHM Accounting Solutions 13 Mapledrakes Close Ewhurst GU6 7QR

Bankers

Santander BBAM, Bridle Road, Bootle, Merseyside, GIR 0AA.

Page 2

The Parish of Ewhurst with Okewood and Forest Green Trustees Annual Report

Investment Advisors

CCLA Investment Management Ltd Senator House 85 Queen Victoria Street London EC4V 4ET

OBJECTIVES AND ACTIVITIES

The purpose of the charity as set out in its governing document PUBLIC WORSHIP FOR ALL. THE PROVISION OF SACRED SPACE FOR PERSONAL PRAYER AND CONTEMPLATION PASTORAL WORK, INCLUDING VISITING THE SICK AND THE BEREAVED. TEACHING OF RELIGIOUS ASSEMBLIES IN SCHOOLS. PROMOTION OF

CHRISTIANITY THROUGH SERMONS AND SMALL GROUPS. RELIGIOUS ASSEMBLIES IN SCHOOLS. PROVISION ACTIVITIES FOR SENIOR CITIZENS,PARENTS,TODDLERS. SUPPORTING OTHER CHARITIES IN THE UK & OVERSEAS.

The Parish of Ewhurst with Okewood and Forest Green PCC is a corporate body established by the Church of England and operates under the Parochial Church Council Powers,Measure. It has the responsibility of co-operating with the incumbent, Rev. Clare Shepherd (from 01.10.18), in promoting to the ecclesiastical parish the whole mission of the Church: pastoral, evangelistic, social and ecumenical. It also has the maintenance responsibilities for the Church and the Church grounds. The PCC is registered with the Charity Commission.

A large charity must provide an explanation of its aims, including details of the issues it seeks to tackle and the changes or differences it seeks to make through its activities...

A large charity must provide an explanation how the achievement of its aims will further its legal purposes... A large charity must provide an explanation of its strategies for achieving its stated aims and objectives... A large charity must provide an explanation of its criteria or measures it uses to assess success in the reporting period...

A large charity should provide a more detailed explanation of its short-term and long-term aims and objectives...

ACHIEVEMENTS AND PERFORMANCE

A large charity must review its charitable activities undertaken, explaining performance achieved against objectives set ...

A large charity must include an explanation when material fundraising activities are undertaken, details of the performance achieved against fundraising objectives set ...

A large charity must provide an explanation when material investments are held, details of investment performance achieved against objectives set ...

A large charity must provide an explanation of any material expenditure occurred to raise income in the future...

A large charity must provide commentary on those significant positive and negative factors within and outside the charity's control which are relevant to the achievement of its objectives ...

FINANCIAL REVIEW

A review of the charity's financial position at the year end 2020

PLANS FOR FUTURE PERIODS

A large charity must provide a summary of the charity's plans for the future including its aims and objectives and details of any plans to achieve them ...

A large charity's report should explain the trustees perspective of the future direction of the charity...

Page 3

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The Parish of Ewhurst with Okewood and Forest Green Independent Examiners Report

Independent Examiner's Report to the trustees of The Parish of Ewhurst with Okewood and Forest Green

I report to the trustees on my examination of the accounts of The Parish of Ewhurst with Okewood and Forest Green for the year ended 31 December 2020 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011('the Act'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.

I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by being a qualified member of ACCA.

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Jill Wright FCCA Jasmine Cottage Fifield Lane Frensham Surrey GU10 3AR

31 December 2020

Page 5

The Parish of Ewhurst with Okewood and Forest Green Statement of Financial Activities

for the year ended 31 December 2020

Notes
Income and endowments
from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Other
7
Total
Expenditure on:
Raising funds
8
Charitable activities
9
Other
10
Total
Net gains on investments
Net income/(expenditure)
Transfers between funds
Net income/(expenditure)
before other gains/(losses)
Other gains and losses
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Unrestricte
d funds
2020
£
108,540
146
6,177
8,020
2,000
124,883
2,880
-
122,901
125,781
0
(898)
9,908
9,010
-
9,010
(3,162)
5,849
Restricted
funds
2020
£
-
-
-
-
128,578
128,578
-
-
114,704
114,704
14,704
28,578
(9,908)
18,670
-
18,670
353,737
372,406
Total
funds
2020
£
108,540
146
6,177
8,020
130,578
Total funds
2019
£
115,323
65,258
6,361
9,553
162,809
253,461
2,880
-
237,605
359,304
17,952
5,681
385,440
240,485
14,704
409,073
44,092
27,680
-
(5,677)
(9,839)
27,680
-
(15,516)
6,148
27,680
350,575
(9,368)
359,943
378,255 350,575

Page 6

The Parish of Ewhurst with Okewood and Forest Green Balance Sheet

at 31 December 2020

Charity No. 1134020
Current assets
Investments
12
Cash at bank and in hand
Creditors:Amount falling due within one year
13
Net current assets
Total assets less current liabilities
Net assets excluding pension asset or liability
Total net assets
The funds of the charity
Restricted funds
14
Funds
Restricted income funds
Unrestricted funds
14
General funds
Reserves
14
Total funds
2020
£
299,301
100,260
399,561
(21,306)
378,255
378,255
378,255
378,255
0
381,860
381,860
(3,605)
(3,605)
378,255
2019
£
289,524
73,624
363,148
(12,573)
350,575
350,575
350,575
350,575
-
353,737
353,737
(3,162)
(3,162)
350,575

Approved by the trustees on 31 December 2020

And signed on their behalf by:

C. Ward Trustee 31 December 2020

Page 7

The Parish of Ewhurst with Okewood and Forest Green Notes to the Accounts

for the year ended 31 December 2020

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 8

The Parish of Ewhurst with Okewood and Forest Green Notes to the Accounts

Expenditure

Taxation

The charity is exempt from tax on its charitable activities.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Page 9

The Parish of Ewhurst with Okewood and Forest Green Notes to the Accounts

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.

Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

Page 10

The Parish of Ewhurst with Okewood and Forest Green Notes to the Accounts

2 Statement of Financial Activities - prior year

2
Statement of Financial Activities - prior year
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Other
Total
Expenditure on:
Raising funds
Charitable activities
Other
Total
Net gains on investments
Net income
Transfers between funds
Net income before other
gains/(losses)
Other gains and losses:
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
3
Income from donations and legacies
Planned Giving tax efficient
Planned Giving
Collections
Gift Aid
Unrestricted
funds
2019
£
115,323
20,536
6,361
9,553
629
152,402
16,212
0
134,016
150,227
0
2,175
-
2,175
0
2,175
5,337
(3,162
Restricted
funds
2019
£
-
6,741
-
-
-
6,741
1,740
5,681
-
7,421
24
(656)
(9,839)
(10,495)
-
(10,495)
364,232
353,737
Unrestricted
£
72,130
6,977
5,616
23,817
108,540
Endowment
funds
2019
£
-
37,981
-
-
162,180
200,161
-
-
251,424
251,424
44,068
(7,196)
-
(7,196)
6,148
(1,048)
1,048
0
Total
2020
£
72,130
6,977
5,616
23,817
108,540
Total funds
2019
£
115,323
65,258
6,361
9,553
162,809
359,304
17,952
5,681
385,440
409,073
44,092
(5,677)
(9,839)
(15,516)
6,148
(9,368)
359,943
350,575
Total
2019
£
69,152
2,642
25,316
18,213
115,323

Page 11

The Parish of Ewhurst with Okewood and Forest Green

Notes to the Accounts

4 Income from charitable activities

Special Collections
Fund Raising
5
Income from other trading activities
Weddings, Funerals etc
Magazine
Ark
6
Income from investments
Interest
7
Other income
Legacies
Grants
Other
8
Expenditure on raising funds
Costs of generating voluntary
income
Planned Giving tax efficient
Fundraising trading costs
Weddings, Funerals etc
Magazine
Unrestricted
£
2,000
0
-
2,000
Unrestricted
£
146
-
146
Unrestricted
£
1,557
4,530
90
6,177
Unrestricted
£
8,020
8,020
Restricted
£
-
112,588
15,990
128,578
Total
2020
£
146
-
146
Total
2020
£
1,557
4,530
90
6,177
Total
2020
£
8,020
8,020
Total
2020
£
2,000
112,588
15,990
130,578
Total
2019
£
5,681
59,577
65,258
Total
2019
£
4,124
1,740
497
6,361
Total
2019
£
9,553
9,553
Total
2019
£
-
162,180
629
162,809
Unrestricted
£
-
-
2,880
2,880
Total
2020
£
-
-
2,880
2,880
Total
2019
£
10,291
7,661
-
17,952

Page 12

The Parish of Ewhurst with Okewood and Forest Green Notes to the Accounts

Total Total
2020 2019
£ £
Expenditure on charitable
activities
Special Collections - 5,681
Governance costs
- 5,681
10 Other expenditure
Unrestricted Restricted Total Total
2020 2019
£ £ £ £
Music 3,029 - 3,029 3,336
Parish Share 69,918 - 69,918 66,830
Service Costs 4,620 4,636 9,256 5,773
- - - 2,677
Employee costs 6,241 - 6,241 6,497
Premises costs 35,872 110,068 145,940 293,202
General administrative costs 3,221 - 3,221 7,125
122,901 114,704 237,605 385,440
11 Staff costs
Salaries and wages 6,239 6,494
Pension costs 2 3
6,241 6,497
No employee received emoluments in excess of £60,000.
The average monthly number of full time equivalent employees during the year was as follows:
2020 2019
Number Number
Parish Office 1 1
1 1
12 Current asset investments
2020 2019
£ £
Listed investments 299,301 289,524
299,301 289,524

Page 13

The Parish of Ewhurst with Okewood and Forest Green Notes to the Accounts

13 Creditors:

Creditors:
amounts falling due within one year
Accruals and deferred income
2020
£
21,306
21,306
2019
£
12,573
12,573

Page 14

The Parish of Ewhurst with Okewood and Forest Green Notes to the Accounts

14 Movement in funds

Movement in funds
At 1 January
2020
1
13,749
(14,497)
23,082
215,727
619
406
239,087
574
10,202
393
939
4,248
2,486
18,842
60,954
-
947
9,227
(1,147)
22,128
5
532
31,692
-
31,692
Incoming
resources
(including
other
gains/losses)
£
-
-
97,588
-
-
-
-
97,588
-
-
-
-
250
-
250
124,883
0
947
-
-
-
-
-
947
0
947
Resources
expended
£
Gross
transfers
£
-
-
-
-
-
-
-
-
-
(9,402)
-
-
(506)
-
(9,908)
9,908
At 31
December
2020
£
1
14,696
9,227
21,935
285,624
619
2,347
15,740
10,441
Restricted funds:
Restricted funds:
Project/Building fund
Restoration Restricted
Roof
Property Fund
Capital Fund
The Trust Fund
Restoration/Fabric Fixed
Securities Fund
Ministry
Wi-Fi
Total
Restricted income funds:
Choir Fund
Jim Jennings Bell Fund
Embroidery Fund
Graves Maintenance Fund
Youth
Okewood Pastoral Care
Total
Unrestricted funds:
General funds
Restricted income funds:
Restricted funds:
Project/Building fund
Restoration Restricted
Roof
Property Fund
Capital Fund
Restoration/Fabric Fixed
Securities Fund
Okewood Village Hall
-
-
(47,999)
-
-
-
-
(47,999)
360,630
574
800
393
939
3,742
2,486
-
-
-
-
(77)
-
(77)
(125,781)
21,230
(3,605)
0
-
-
-
-
-
-
Total 0
Revaluation fund 0
Total revaluation reserves
0

Page 15

The Parish of Ewhurst with Okewood and Forest Green Notes to the Accounts

Total funds

350,575 223,668 (173,857) - 378,255

Purposes and restrictions in relation to the funds: Revaluation reserves Represent the amount by which investments exceed their historical cost.

Endowment funds:
Project/Building fund Given to Build the toilets and room at Ewhurst
Restoration Restricted Given for black beetle in the Beams in Ewhurst
Roof Given to maintain the Roof of St Peter and St Paul
Property Fund Given to Ewhurst for the upkeep of the Capital
Capital Fund Given to Ewhurst for the upkeep of the Capital
The Trust Fund Given to Build the room at Ewhurst
Restoration/Fabric Fixed Given to maintain the restoration and Fabric at Ewhurst
Securities Fund
Okewood Village Hall Kept separately in the a separate trust of trustees to run the Village Hall
Restricted funds:
Choir Fund Given to replace robes when needed at St Peter and St Paul
Jim Jennings Bell Fund Given to replace/maintain Bells at St Peter and St Paul
Embroidery Fund PCC restricted for emergencies on capital
Graves Maintenance Fund Given for specific graves at St Peter and St Paul
Youth Given to help run Youth activates
Okewood Pastoral Care Given to help with training at Okewood for Pastoral Care
Okewood Village Hall Raised and Given to designated Third Party Charities

15 Analysis of net assets between funds

Net current assets
16 Reconciliation of net debt
Cash and cash equivalents
Net debt
Unrestricted
funds
£
78,954
78,954
At 1 January
2020
£
Restricted
funds
£
299,301
299,301
Cash flows
£
Total
£
378,255
378,255
At 31
December
2020
£
73,624 26,636 100,260
73,624
73,624
26,636
26,636
100,260
100,260

Page 16

The Parish of Ewhurst with Okewood and Forest Green Notes to the Accounts

17 Commitments

Operating lease commitments

Annual commitments under non-cancellable operating leases are as follows:

2020 2020 2019 2019
Land and
buildings
Other Land and
buildings
Other
£ £ £ £
Operating leases with expiry date:
Pension commitments
2020 2019
£ £
The pension cost charge to the charity
amounted to: 2 3

Page 17

The Parish of Ewhurst with Okewood and Forest Green Detailed Statement of Financial Activities

for the year ended 31 December 2020

Income and endowments from:
Donations and legacies
Planned Giving tax efficient
Planned Giving
Collections
Gift Aid
Charitable activities
Special Collections
Fund Raising
Other trading activities
Weddings, Funerals etc
Magazine
Ark
Investments
Interest
Other
Legacies
Grants
Other
Total income and restricted
Expenditure on:
Costs of generating donations and
legacies
Planned Giving tax efficient
Costs of other trading activities
Weddings, Funerals etc
Magazine
Total of expenditure on raising
funds
Charitable activities
Special Collections
Unrestrict
ed funds
2020
£
72,130
6,977
5,616
23,817
108,540
146
-
146
1,557
4,530
90
6,177
8,020
8,020
2,000
0
-
2,000
124,883
-
-
-
2,880
2,880
2,880
-
-
Restricted
funds
2020
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
112,588
15,990
128,578
128,578
-
-
-
-
-
-
-
-
Total
funds
2020
£
72,130
6,977
5,616
23,817
108,540
146
-
146
1,557
4,530
90
6,177
8,020
8,020
2,000
112,588
15,990
130,578
253,461
-
-
-
2,880
2,880
2,880
-
-
Total funds
2019
£
69,152
2,642
25,316
18,213
115,323
5,681
59,577
65,258
4,124
1,740
497
6,361
9,553
9,553
-
162,180
629
162,809
359,304
10,291
10,291
7,661
-
7,661
17,952
5,681
5,681

Page 18

The Parish of Ewhurst with Okewood and Forest Green Detailed Statement of Financial Activities

Total of expenditure on charitable


activities
Other expenditure
Music
Parish Share
Service Costs
Employee costs
Salaries/wages
Pension costs
Premises costs
Rates
Light, heat and power
Premises cleaning
Premises insurances
Premises repairs and
maintenance
Other premises costs
General administrative costs,
including depreciation and
amortisation
Stationery and printing
Sundry expenses
Telephone, fax and broadband
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net income/(expenditure)
Transfers between funds
Net income/(expenditure) before
other gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
-
3,029
69,918
4,620
-
77,567
6,239
2
6,241
447
8,556
503
7,399
8,205
10,762
35,872
1,060
-
2,161
3,221
122,901
125,781
0
(898)
9,908
9,010
-
9,010
(3,162)
5,849
-
-
-
4,636
-
4,636
-
-
-
-
-
-
-
110,068
-
110,068
-
-
-
-
114,704
114,704
14,704
28,578
(9,908)
18,670
-
18,670
353,737
372,406
-
3,029
69,918
9,256
-
82,203
6,239
2
6,241
447
8,556
503
7,399
118,273
10,762
145,940
1,060
-
2,161
3,221
237,605
240,485
14,704
27,680
-
27,680
-
27,680
350,575
378,255
5,681
3,336
66,830
5,773
2,677
78,616
6,494
3
6,497
-
7,943
1,203
7,286
266,695
10,075
293,202
1,083
4,104
1,938
7,125
385,440
409,073
44,092
(5,677)
(9,839)
(15,516)
6,148
(9,368)
359,943
350,575

Page 19