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2020-12-31-accounts

PAGE 1 STATEMENT QF FINANCIAL ACTIVITIES
PAGE 2 BALANCE SHEET
PAGE 3 INCOMING
RESOURCES
PAGE 4 USE OF RESOURCES
PAGE 5 RESTRICTED FUNDS ANALYSIS
AND PAYMENTS TO CHARITIES
PAGES 6toS NOTES TO THE FINANCIAL STATEMENTS
PAGE 9 SANK ACCOUNTS AND INVESTMENTS
PAGE 10 TREASURER'S REPORT
PAGE 11 INDEPENDENT EXAMINER'S REPORT

FOR THE YEAR ENDED 31stDE CEMBER2 020
U/RES RES ENDOW TOTAL TOTAL
f f 2020 2019
INCOMING
RESOURCES
Voluntary
Income
86760 15056 101816 124062
Income from Church Activities 12073 12073 32994
Income from Investments 834 878 987
Insurance
Claims
638 638
VAT Grant 3944
TOTAL INCOMING
RESOURCES
100305 15100 115405 161987
USE OF RESOURCES
Church Activities 93393 18571 111964 140772
Charitable
Giving
2148 2148 2256
Church Admin 4285 4285 5972
TOTAL RESOURCES USED 99826 18571 118397 149000
NET INCOMING/ -2992 12987
OUTGOING RESOURCES
GAINS &LOSSESON INVESTMENTS -E1,362 4424
CBFDEPOSIT ACCOUNT 234 412
NET MOVEMENT IN FUNDS -4120 17823

2020 2019
FIXEDASSETS Notes f f
Tangible
Fixed Assets
Investment
Assets
32519 33881
32519 33881
CURRENT ASSETS
Debtors 5,Pre-payments 824 804
Cash at Bank &in hand 145167 148997
145991 149801
CURRENT LIABILITIES
NET CURRENT ASSETS 145991 149801
TOTAL NET ASSETS 178510 183682
FUNDS
Unrestricted 40020 40593
Restricted 50627 54098
Endowment 87863 88991
TOTAL FUNDS 178510 183682
ANALYSIS OF NET ASSETSBYFUND ANALYSIS OF NET ASSETSBYFUND ANALYSIS OF NET ASSETSBYFUND
U/RES RES ENDOW TOTAL2020
Fixed Assets
Investment
Assets
32519 32519
Bank S.Cash 39196 50627 55344 145167
Other Current Assets 824 824
Less Current Liabilities
NET ASSETS 40020 50627 87863 178510
INCOMING
RESOURCES
INCOMING
RESOURCES
U/RES RES ENDOW TOTAL TOTAL
FUNDS FUNDS FUNDS 2020 2019
f f
Voluntary
Income
Planned
Giving:
Tax efficient 24989 24989 25301
Non Tax efficient 4888 4888 5686
Gift Aid Tax Refund 7757 7757 8072
Plate Collections &Wall Safe 3330 3330 5345
Collections for Charity Donations 148 148 256
Donations
(Inc. Reserve Funds)
2485 246 2731 1881
Legacies 24950 24950 20003
Lowestoft Charity Board 14811 14810 29621 41946
Fund Raising 490 490 5184
Other Income 2912 2912 388
Grants 0 0 10000
86760 15056 101816 124062
Income from Church activities
Traidcraft 337 337 1140
Magazines 387 387 520
Photocopies 11 11 164
Church Centre Rents 9034 9034 24466
Fees Received 2304 2304 6704
12073 12073 32994
insurance
Claims
638 638 0
Refund ofVAT 0 0 3944
Dividends
and Interest
834 44 878 987
TOTAL INCOMING RESOURCES 100305 15100 115405 161987

FOR THE YEAR ENDE
USEOF RESOURCES
D 31st DECEMBER 2020
U/RES RES ENDOW TOTAL TOTAL
FUNDS FUNDS FUNDS 2020 2019
f f f
Missionary 8Charitable Giving
Overseas 2148 2148 2256
Other
2148 2148 2256
Church Ministry Activities
Parish Share 64369 64369 64497
Clergy Expenses 1208 1208 1681
Church
Running Costs
14616 6882 21498 28727
Church Maintenance 240 8076 8316 3914
Churchyard
Tree Removal
1450 1450 0
Bell Repairs 0 3613 3613 0
Replacement
Guttering
0 0 21938
Outreach S.Junior Church 0 0 45
Church Centre Running Costs 10546 10546 11609
Church Centre Refurbishment 0 0 4841
Traidcraft 126 126 1104
Sundry Expenditure 838 838 1696
Architect's Fees 0 0 720
93393 18571 111964 140772
Church Administration
Website 233 233 215
Telephone/Postage/Staty. 1883 1883 2094
Printing 833 833 1018
Administrator 887 887 2228
Sundries/Licences/Audit 449 449 417
4285 4285 5972
TOTAL USEOF RESOURCES 99826 18571 118397 149000
Analysis ofChurch Centre Costs Analysis ofChurch Running Costsf
Heat/Ught 2920 Heat/Light 4950
Insurance 1394 Insurance 6882
Cleaner 3600 Security 1570
Other Cleaning 1045 Sunda 348
Secy./Maintenance 414 Worship Items 511
Water Rates 61 Organist/ 7007
Repairs/Replacements 170 Verger/Oeaner
Sundry Expenditure 942 Choir Music
10546 21498
STMARGARET'S PCC
RESTRICTED FUNDS 2020 see note 2
B/F CR DR BALANCE
PROjECTS FUND 1425 1425
FABRIC 34153 14854 14958
Including
Interest off43.?6
BEI.LFUND 6647 3034
RESTORATION FUND 11873 11873
FLOWER FUND 246
TOTAL RESERVE FUNDS 54098 15100 18571 50627
The balance ofrestricted funds is held in Business Saver Account =
f50,627
CHARITY GIVING 2020
Kimbilio - Congo Children
Trust 2148
Christian
Aid
0

Bank Accounts for 2020 31/12/2020 31/12/2019
Barclays Current Account 39196 39789
Barclays Saver Account 50627 54098
CBFChurch ofEngland Dep. A/c 55344 55110
TOTAL 145167 148997
Investments
for 2019
31/12/2020 31/12/2019
127120001T(Young man) 17993 16912
277650001T 666 626
277650002T 1063 999
CBF126001140D 5053 5053
CBF126001101S 0 2664
CBF126001257S 7744 7246
CBF126001290S 0 309
CBF126001397D 0 72
TOTAL 32519