## ## ||||Page|| |---|---|---|---|---| |Reference and Administrative
Details||||| |Report ofthe Trustees||2|to|9| |Independent
Examiner's|Report|||| |Statement ofFinancial|Activities|||| |Balance Sheet|||12|| |Notes to the Financial Statements||13|to|22| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||FOR TH|E YEAR END|ED 31 DECEM|BER 2020||| |---|---|---|---|---|---|---| ||||||31.12.20|31.12.19| ||||Unrestricted|Restricted|Total|Total| |||Notes|funds
f|funds
5|funds
E|funds
E| |INCOME AND ENDOWMENTS|FROM|||||| |Donations
and legacies|||48,499|5,095|53,594|60,024| |Charitable
activities||||||| |Ministry and mission|||6,058||6,058|| |Generating
funds
Investment
income
Other income|||53
32,632|388|388
53
32,632|533
203
62,654| |Total|||87,242|5,483|92,725|123,414| |EXPENDITURE ON||||||| |Cost ofgenerating
funds||||||| |Other trading
activities|||||46|82| ||||46|||82| |Charitable
activities||||||| |Ministry and mission
Property|||63,709
44,685|4,681|68,390
44,685|74,277
61,521| |Total|||108,440|4,681|113,121|135,880| |Net gains on investments|||16,786||16,786|39,318| |NET INCOME/(EXPENDITURE)|||(4,412)|802|(3,610)|26,852| |RECONCILIATION
OF FUNDS||||||| |Total funds brought
forward|||310,064|9,765|319,829|292,977| |TOTAL FUNDS CARRIED FORWARD|||305,652|10,567|316,219|319,829| ## |||||31.12.20|31.12.19| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||funds|funds|funds|funds| ||Notes|E||f|| |FIXEDASSETS|||||| |Investments|15|264,470||264,470|247,684| |CURRENT ASSETS|||||| |Debtors
Cash at bank|16|8,843
33,640|279
10,414|9,122
44,054|10,868
64,408| |||42,483|10,693|53,176|75,276| |CREDITORS|||||| |Amounts
falling due within one year|17|(1,301)|(126)|(1,427)|(3,131)| |NET CURRENT ASSETS||41,182|10,567|51,749|72,145| |TOTAL ASSETSLESSCURRENT LIABILITIES||305,652|10,567|316,219|319,829| |NET ASSETS||305,652|10,567|316,219|319,829| |FUNDS|18||||| |Unrestricted
funds
Restricted funds||||305,652
10,567|310,064
9,765| |TOTAL FUNDS||||316,219|319,829| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||||31.12.20|31.12.19| |---|---|---|---|---|---|---|---|---|---| |Standing
orders
Other collections
Gift Aid
Outreach
collections
Donations
Levies||||||||E
24,505
6,113
7,115
3,680
931
11,250|E
24,858
7,349
8,150
5,977
2,440
11,250| |||||||||53,594|60,024| |GENERATING|FUNDS||||||||| |Fundraising
events||||||||31.12.20
f
388|31.12.19
E
533| |INVESTMENT INCOME|||||||||| |||||||||31.12.20|31.12.19| |||||||||E|E| |Deposit account||interest||||||53|203| |Investment
gains||include|the|reinvestment||ofdividends|received.||| |INCOME FROM||CHARITABLE ACTIVITIES|||||||| |||||||||31.12.20|31.12.19| |||||Activity|||||| |Grants||||Ministry|and|mission||6,058|| |Grants received,||included|in the above,||are|as follows:|||| |Coronavirus
Job
Synod||Retention|Scheme|||||31.12.20
f
3,308
2,750|31.12.19
5| |||||||||6,058|| ## ## ## ## |OTHER INCOME||||| |---|---|---|---|---| ||||31.12.20
f|31.12.19| |Weddings
Hall hiring
Catering
Sunday coffee
Wednesdaylunches
Drinks machine
In Touch
Church organisations
VAT reclaims|||1,230
28,054
122
126
37
535
540
1,988|57,602
56
663
486
190
908
1,881
868| ||||32,632|62,654| |OTHER TRADING ACTIVITIES||||| ||||31.12.20
f|31.12.19
f| |Catering expenses|||46|82| |CHARITABLE ACTIVITIES COSTS||||| |||Direct|Support|| |||Costs (see|costs (see|| |||note 9)
f|note 10)
f|Totals| |Ministry and mission
Property||51,656
19,718|16,734
24,967|68,390
44,685| |||71,374|41,701|113,075| |DIRECT COSTS OF|CHARITABLE ACTIVITIES|||| ||||31.12.20
f|31.12.19| |Central
Maintenance
Ministedal
expenses
Organist
Christian
education|and ministry||42,192
834
2,667
227|44,931
1,390
2,100
297| |Outreach
collections
Wedding expenses
Church flowers|||3,680
1,055|6,530
33| |Church
maintenance
Organ/Piano
maintenance|||18,954
575|13,986
791| |Manse maintenance
Donations|||189
1,001|20,349| ||||71,374|90,407| ## ## ## |SUPPORT COSTS|FOR THE|YEAR ENDED 31 DEC|EMBER 2020||| |---|---|---|---|---|---| |||Premises|Administrative|Governance|| |Ministry
and mission
Property||costs
E
24,967|costs
f
14,420|costs
E
2,314|Totals
f
16,734
24,967| |||24,967|14,420|2,314|41,701| |||||31.12.20|31.12.19| |Premises Costs||||E|| |Council tax|||||| |Insurance
Electricity and gas charges
Water charges
Cleaning
and sundry||||6,968
8,466
634
8,899|6,189
10,471
591
9,144| |||||24,967|26,395| |Administrative
costs|||||| |Telephone
and internet
Sundries
United Church Office
Bookings officer
Drinks machine
Publications
Stationery
and subscriptions||||476
758
6,750
4,800
350
1,286|833
655
6,750
4,800
80
1,200
1,239| |||||14,420|15,557| |Governance
Costs|||||| |Independent
Examiner
Synod Levy
Investment
management
Bank charges|Fee
fees|||954
1,440
(80)|942
977
1,440
80| |||||2,314|3,439| ## ## ## ## ## ## ## |The average
monthly|number o|fempl|oyees
during
the year|was as follows:||| |---|---|---|---|---|---|---| ||||||31.12.20|31.12.19| ||||||2|2| |No employees
received emoluments|||in excess of660,000.|||| |COMPARATIVES FOR THE STATEMENT OF FINANCIAL||||ACTIVITIES||| |||||Unrestricted|Restricted|Total| |||||funds
6|funds
f|funds
E| |INCOME AND ENDOWMENTS||FROM||||| |Donations
and legacies||||51,676|8,348|60,024| |Generating
funds|||||533|533| |Investment
income
Other income||||203
62,654||203
62,654| |Total||||114,533|8,881|123,414| |EXPENDITURE ON||||||| |Cost ofgenerating|funds|||||| |Other trading
activities||||82||82| |||||82||82| |Charitable
activities||||||| |Ministry
and mission
Property||||68,300
59,401|5,977
2,120|74,277
61,521| |Total||||127,783|8,097|135,880| |Net gains on investments||||39,318||39,318| |NET INCOME||||26,068|784|26,852| |RECONCILIATION
OF FUNDS||||||| |Total funds brought|forward|||283,996|8,981|292,977| |TOTAL FUNDS CARRIED FORWARD||||310,064|9,765|319,829| ## ## ## ## ## ## ## ## |DEBTORS:AMOUNTS
FALLING DUE WITHIN ON|E YEAR|| |---|---|---| ||31.12.20|31.12.19| |Other debtors
Gift Aid tax recoveries|E
6,861
2,261|6
8,654
2,214| ||9,122|10,868| ## ## ## ## ## |31.12.20|31.12.19| |---|---| |E|F| |1,427|3,131| ## ## |MOVEMENT
IN FUND|S|||||| |---|---|---|---|---|---|---| |||||Net|Transfers|| |||||movement|between|At| ||||At 1.1.20|in funds|funds|31.12.20| ||||E|E|E|| |Unrestricted
funds||||||| |General fund
Designated
fund - Property Maintenance
Designated
fund - URC in Cheltenham|||299,174
10,865
25|12,554
(16,966)|(14,000)
14,000|297,728
7,899
25| |Restricted funds|||310,064|(4,412)||305,652| |Redevelopment
funds
URC in Cheltenham
(P|Little)||8,764
1,001|1,803
(1,001)||10,567| ||||9,765|802||10,567| |TOTAL FUNDS|||319,829|(3,610)||316,219| |Net movement
in funds,|included|in the above are as follows:||||| ||||Incoming|Resources|Gains and|Movement| |Unrestricted
funds|||resources
E|expended
F|losses
f|in funds
E| |General
fund
Designated
fund - Property Maintenance|||85,254
1,988|(89,486)
(18,954)|16,786|12,554
(16,966)| |Restricted funds|||87,242|(108,440)|16,786|(4,412)| |Redevelopment
funds
Outreach
special funds
URC in Cheltenham
(P Little)|||1,803
3,680|(3,680)
(1,001)||1,803
(1,001)| ||||5,483|(4,681)||802| |TOTAL FUNDS|||92,725|(113,121)|16,786|(3,610)| ## ## ## ## ## |||||Net|Transfers|| |---|---|---|---|---|---|---| |||||movement|between|At| ||||At 1.1.19|in funds|funds|31.12.19| |Unrestricted
funds|||F|F|8|F| |General
fund
Designated
fund
Designated
fund|- Property Maintenance
—URC in Cheltenham||275,759
8,212
25|57,415
(31,347)|(34,000)
34,000|299,174
10,865
25| |Restricted funds|||283,996|26,068||310,064| |Redevelopment
funds
URC in Cheltenham
(P Little)|||7,980
1,001|||8,764
1,001| ||||8,981|784||9,765| |TOTAL FUNDS|||292,977|26,852||319,829| ## |Comparative
net|movement
in funds,
included|in the above are|as follows:||| |---|---|---|---|---|---| |||Incoming|Resources|Gains and|Movement| |Unrestricted
funds||resources
f|expended
6|losses
f|in funds
F| |General
fund
Designated
fund|—Property Maintenance|113,665
868|(95,568)
(32,215)|39,318|57,415
(31,347)| |Restricted funds||114,533|(127,783)|39,318|26,068| |Redevelopment
Outreach
special|funds
funds|2,904
5,977|(2,120)
(5,977)||784| |||8,881|(8,097)||784| |TOTAL FUNDS||123,414|(135,880)|39,318|26,852| ## ## ## ## ||||||Net|Transfers|| |---|---|---|---|---|---|---|---| ||||||movement|between|At| |||||At 1.1.19|in funds|funds|31.12.20| |||||6||8|| |Unrestricted
funds|||||||| |General
fund
Designated
fund
Designated
fund|- Property
—URC in||Maintenance
Cheltenham|275,759
8,212
25|69,969
(48,313)|(48,000)
48,000|297,728
7,899
25| |Restricted funds||||283,996|21,656||305,652| |Redevelopment
funds
URC in Cheftenham
(P Little)||||7,980
1,001|2,587
(1,001)||10,567| |||||8,981|1,586||10,567| |TOTAL FUNDS||||292,977|23,242||316,219| ## ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| |Unrestricted
funds|resources
F|expended
F|losses
f|in funds
F| |General
fund
Designated
fund - Property Maintenance|198,919
2,856|(185,054)
(51,169)|56,104|69,969
(48,313)| |Restricted funds|201,775|(236,223)|56,104|21,656| |Redevelopment
funds
Outreach
special funds
URC in Cheltenham
(P Little)|4,707
9,657|(2,120)
(9,657)
(1,001)||2,587
(1,001)| ||14,364|(12,778)||1,586| |TOTAL FUNDS|216,139|(249,001)|56,104|23,242| ## ## ## ## ## ## ## ## ## ## ## ##