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|---|---|---|---|
|Report ofthe Parochial Church Council|1|to|5|
|Independent
Examiner's
Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Cash Flow Statement||||
|Notes to the Financial Statements|10|to|19|
|Detailed Statement ofFinancial Activities|20|to|21|
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||||||31.12.20|31.12.19|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|fund|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies|||184,781|1,333|186,114|391,722|
|Other trading activities|||40,799|1,354|42,153|110,554|
|Investment
income|||8,175|14|8 189|8,555|
|Total|||233,755|2,701|236,456|510,831|
|EXPENDITURE ON|||||||
|Raising funds|||43,721||43,721|56,425|
|Charitable
activities|||||||
|Church activities|||234,989|4,562|239,551|177,692|
|Other|||1,925||1,925|1,860|
|Total|||280,635|4,562|285,197|235,977|
|NET INCOME/(EXPENDITURE)|||(46,880)|(1,861)|(48,741)|274,854|
|Net gains on investments|||14,258||14,258|31,735|
|Transfers between funds||18|~32)|32|||
|NET MOVEMENT IN FUNDS|||(32,654)|(1,829)|(34,483)|306,589|
|RECONCILIATION
OF|FUNDS||||||
|Total funds brought forward|||856,496|1,829|858,325|551,736|
|TOTAL FUNDS CARRIED FORWARD|||823,842||823,842|858,325|
|CONTINUING
OPERATIONS|||||||
|All income and expenditure|has arisen from|continuing|activities.||||
##
|||||31.12.20|31.12.19|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|12|190,014||190,014|190,247|
|Investments|13|222,282||222,282|204,053|
|||412,296||412,296|394,300|
|CURRENT ASSETS||||||
|Stocks|14|22,477||22,477|18,316|
|Debtors|15|13,478||13,478|1,287|
|Investments|16|387,929||387,929|450,898|
|Cash at bank and in hand||2,467||2,467|3,701|
|||426,351||426,351|474,202|
|CREDITORS||||||
|Amounts
falling due within one year|17|(14,805)||(14,805)|(10,177)|
|NET CURRENT ASSETS||411,546||411,546|464,025|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||823,842||823,842|858,325|
|NET ASSETS||823,842||823,842|858 325|
|FUNDS|18|||||
|Unrestricted
funds||||823,842|856,496|
|Restricted funds|||||1,829|
|TOTAL FUNDS||||823,842|858,325|
##
||||||Cash Flow Statement|||
|---|---|---|---|---|---|---|---|
|||for||the|ear ended 31December|2020||
|||||||31.12.20|31.12.19|
|||||Notes||||
|Cash flows from operating|activities|||||||
|Cash generated
from operations||||20||~51,403)|285,829|
|Net cash (used in)/provided|by operating||activities|||~51,403)|285,829|
|Cash flows from investing|activities|||||||
|Purchase oftangible fixed assets||||||(8,829)|(1,845)|
|Purchase offixed asset investments||||||(3,971)|(3,742)|
|Movement
in short term investments||||||62,969|~281,376)|
|Net cash provided
by/(used|in) investing||activities|||50,169|~286963)|
|Change in cash and cash equivalents||in||||||
|the reporting
period||||||(1,234)|(1,134)|
|Cash and cash equivalents|at the|||||||
|beginning ofthe reporting|period|||||3 701|4 835|
|Cash and cash equivalents|at the end|of||||||
|the reporting
period||||||2,467|3 701|
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|DONAT|IONS
AND|LEG|ACIES|||||
|---|---|---|---|---|---|---|---|
|||||||31.12.20|31.12.19|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|Planned|giving and collections|||36,756|686|37,442|41,592|
|Donations||||9,311|552|9,863|20,137|
|Gift aid||||9,197|95|9,292|10,732|
|Legacies||||1,000||1,000|319,261|
|Grants||||128,517||128,517||
|||||184781|1,333|186,114|391,722|
|Grants received, included|||in the above, are as follows:|||||
|||||||31.12.20|31.12.19|
|HMRC Job retention||scheme||||6,005||
|Apprenticeship
grant||||||1,000||
|DCMS VAT grant||||||9,329||
|Small business rates grant||||||10,000||
|Raymond|Ross grant|||||15,000||
|Crooked|Spire appeal|fund||||42,555||
|Friends ofChesterfield||Parish Church||||17,500||
|Cultural|Recovery Fund|||||27,128||
|||||||128,517||
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|||||||31.12.20|31.12.19|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||||f,||||
||Fundraising|events||12,834||12,834|2,516|
||Church shop income|||15,127||15,127|46,021|
||Saints parish|centre||5,142||5,142|18,345|
||Tower visits|||50||50|6,696|
||Votive candles|||4,125||4,125|8,507|
||Fees and church usage|||3,521|1,354|4,875|14,124|
||Christmas
tree||festival||||14,345|
|||||40,799|1,354|42,153|110,554|
|4.|INVESTMENT INCOME|||||||
|||||||31.12.20|31.12.19|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||Dividends
and||interest|8,175|14|8,189|8,555|
|5.|RAISING FUNDS|||||||
||Other trading||activities|||||
|||||||31.12.20|31.12.19|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||||||f.||
||Opening
stock|||18,316||18,316|17,909|
||Purchases|||13,024||13,024|24,581|
||Closing stock|||(22,477)||(22,477)|(18,316)|
||Staffcosts|||1,067||1,067|4,801|
||Parish centre|and shop overheads||13,859||13,859|15,498|
||Fundraising|costs||10,870||10,870|4,108|
||Christmas
tree||festival||||747|
||Depreciation|||9,062||9,062|7,097|
|||||43,721||43,721|56425|
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|SUPPORT COSTS||||
|---|---|---|---|
||||Governance|
||||costs|
|Other resources expended|||1,925|
|Support costs, included|in the above, are as follows:|||
|||31.12.20|31.12.19|
|||Other||
|||resources|Total|
|||expended|activities|
|Accountancy||~1925|1,860|
##
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|||||31.12.20|31.12.19|
|---|---|---|---|---|---|
|Wages and|salaries|||51,414|60,709|
|Other pension costs||||1,539|1,603|
|||||52,953|62,312|
|The average|monthly|number ofemployees|during the year was as follows:|||
|||||31.12.20|31.12.19|
|Vergers||||4|4|
|St.Leonard's caretaker||||1|1|
|Organist
and choirmaster||||1|1|
|Parish centre cleaner||||1|1|
|Apprentice|events assistant|||1|1|
|Safeguarding|oQicer|||1||
##
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|COMPARATIVES FOR THK STATEMENT OF FI|NANCIAL ACTIVITIES|||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||fund|fund|funds|
|||f.|f.|
|INCOME AND ENDOWMENTS FROM||||
|Donations
and legacies|390,025|1,697|391,722|
|Other trading activities|107,553|3,001|110,554|
|Investment
income|8,530|25|8,555|
|Total|506,108|4,723|510,831|
|EXPENDITURE ON||||
|Raising funds|56,425||56,425|
|Charitable
activities||||
|Church activities|172,604|5,088|177,692|
|Other|1,860||1,860|
|Total|230,889|5,088|235,977|
|NKT INCOME/(EXPENDITURE)|275,219|(365)|274,854|
|Net gains on investments|31,735||31,735|
##
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|11.|COMPARATIVES F|ORTHE STATEMENT|OF FINANCIA|L ACTIVITIE|S - continued||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||fund|fund|funds|
||NKT MOVEMKNT IN FUNDS|||306,954|(365)|306,589|
||RECONCILIATION|OF FUNDS|||||
||Total funds brought|forward||549,542|2,194|551,736|
||TOTAL FUNDS CARRIED FORWARD|||856,496|1 829|858,325|
|12.|TANGIBLE FIXED|ASSETS|||||
|||||Fixtures|||
||||Freehold|and|Computer||
||||property|fittings|equipment|Totals|
||COST||||||
||At 1 January 2020||257,052|36,076||293,128|
||Additions|||7,344|1,485|8829|
||At 31December 2020||257,052|43,420|1,485|301 957|
||DEPRECIATION||||||
||At 1 January 2020||95,243|7,638||102,881|
||Charge for year||4,141|4,426|495|9062|
||At 31December 2020||99,384|12,064|495|111,943|
||NET BOOK VALUE||||||
||At 31December 2020||157,668|31,356|990|190,014|
||At 31December 2019||161,809|28,438||190,247|
##
|FIXEDASSETINVESTMENTS||
|---|---|
||Listed|
||investments|
|MARKET VALUE||
|At 1 January 2020|204,053|
|Additions|3,971|
|Revaluations|14,258|
|At 31December 2020|222,282|
|NET BOOKVALUE||
|At 31December 2020|222 282|
|At 31December 2019|204,053|
##
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|||||||||
|---|---|---|---|---|---|---|---|
|14.|STOCKS|||||||
|||||||31.12.20|31.12.19|
||Stocks|||||22,477|18,316|
|15.|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONK YEAR||||||
|||||||31.12.20|31.12.19|
||Other debtors|||||9,327|353|
||Gift aid tax recoverable|||||692|934|
||VAT|||||3,459||
|||||||13,478|1,287|
|16.|CURRENT ASSETINVESTMKNTS|||||||
|||||||31.12.20|31.12.19|
||Short term deposits|||||387,929|450,898|
|17.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||||
|||||||31.12.20|31.12.19|
||Trade creditors||||||42|
||Social security and other taxes||||||224|
||VAT||||||1,931|
||Accrued expenses|||||14,805|7,980|
|||||||14,805|10,177|
|18.|MOVEMKNT IN FUNDS|||||||
|||||Net||Transfers||
|||||movement||between|At|
||||At 1.1.20|in|funds|funds|31.12.20|
||||||E|||
||Unrestricted|funds||||||
||General fund||856,496|(32,622)||(32)|823,842|
||Restricted funds|||||||
||St.Leonard's|Mission Church|1,829|(1,861)||32||
||TOTAL FUNDS||858,325|(34,483)|||823,842|
##
##
##
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|Unrestricted|funds||||||
|General fund|||233,755|{280,635)|14,258|(32,622)|
|Restricted funds|||||||
|St.Leonard's|Mission Church||2,701|(4,562)||(1,861)|
|TOTAL FUNDS|||236,456|f285,197)|14,258|~34,483)|
|Comparatives|for movement|in funds|||||
||||||Net||
||||||movement|At|
|||||At 1.1.19|in funds|31.12.19|
|||||f,|||
|Unrestricted|funds||||||
|General fund||||549,542|306,954|856,496|
|Restricted funds|||||||
|St.Leonard's|Mission Church|||2,194|(365)|1,829|
|TOTAL FUNDS||||551,736|306,589|858,325|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General fund||506,108|(230,889)|31,735|306,954|
|Restricted funds||||||
|St.Leonard's|Mission Church|4,723|(5,088)||(365)|
|TOTAL FUNDS||510,831|(235,977)|31,735|306,589|
##
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##
||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1.1.19|in funds|funds|31.12.20|
||||||f.|
|Unrestricted|funds|||||
|General fund||549,542|274,332|(32)|823,842|
|Restricted funds||||||
|St.Leonard's|Mission Church|2,194|(2,226)|32||
|TOTAL FUNDS||551,736|272,106||823,842|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General fund||739,863|(511,524)|45,993|274,332|
|Restricted funds||||||
|St.Leonard's|Mission Church|7,424|(9,650)||(2,226)|
|TOTAL FUNDS||747,287|f521,174)|45,993|272,106|
##
##
##
##
|RECONCILIATION
OFN
ACTIVITIES|ET MOVEME|NT IN FUNDS TO NET CASH|FLOW FROM
O|PERATING|
|---|---|---|---|---|
||||31.12.20|31.12,19|
|Net movement
in funds for|the reporting|period (as per the Statement|||
|ofFinancial Activities)|||(34,483)|306,589|
|Adjustments
for:|||||
|Depreciation
charges|||9,062|7,097|
|Gain on investments|||(14,258)|(31,735)|
|Movement
in Gift Aid tax recoverable|||242|(138)|
|Increase in stocks|||(4,161)|(407)|
|(increase)/decrease
in debtors|||(12,433)|2,684|
|Increase in creditors|||4,628|1,739|
|Net cash (used in)/provided|by operations||~31,403)|283 829|
##
##
|ANALYSIS OF|CHANGES IN NET FUND|S|||
|---|---|---|---|---|
|||At 1.1.20|Cash flow|At 31.12.20|
|Net cash|||||
|Cash at bank and|in hand|3701|~1234)|2,467|
|||3701|~1234)|2,467|
|Liquid resources|||||
|Deposits included|in cash||||
|Current asset investments||450,898|$62,969)|387,929|
|||450,898|~62,969)|387,929|
|Total||454,599|~64203)|390,396|
##
##
||Detailed Statement ofFinancial Activities|Detailed Statement ofFinancial Activities|||
|---|---|---|---|---|
||for the|ear ended 31December 2020|||
||||31.12.20|31.12.19|
|INCOME AND ENDOWMENTS|||||
|Donations
and legacies|||||
|Planned
giving and collections|||37,442|41,592|
|Donations|||9,863|20,137|
|Gift aid|||9,292|10,732|
|Legacies|||1,000|319,261|
|Grants|||128,517||
||||186,114|391,722|
|Other trading
activities|||||
|Fundraising
events|||12,834|2,516|
|Church shop income|||15,127|46,021|
|Saints parish centre|||5,142|18,345|
|Tower visits|||50|6,696|
|Votive candles|||4,125|8,507|
|Fees and church usage|||4,875|14,124|
|Christmas
tree festival||||14,345|
||||42,153|110,554|
|Investment
income|||||
|Dividends
and interest|||8,189|8,555|
|Total incoming
resources|||236,456|510,831|
|EXPENDITURE|||||
|Other trading activities|||||
|Opening stock|||18,316|17,909|
|Purchases|||13,024|24,581|
|Wages|||1,067|4,801|
|Parish centre and shop overheads|||13,859|15,498|
|Fundraising
costs|||10,870|4,108|
|Christmas
tree festival||||747|
|Depreciation offreehold property|||4,141|4,141|
|Fixtures and fittings|||4,426|2,956|
|Computer
equipment|||495||
|Closing stock|||~22,477)|~18,316)|
||||43,721|56,425|
|Charitable
activities|||||
|Wages|||50,347|55,908|
|Pensions|||1,539|1,603|
|Diocesan parish share|||54,761|48,951|
|Other ministry
costs|||1,568|2,541|
|Carried forward|||108,215|109,003|
##
||St.Mar
and All Saints Parish Church
Chesterfield|St.Mar
and All Saints Parish Church
Chesterfield|||
|---|---|---|---|---|
||Detailed Statement ofFinancial Activities||||
||for the|ear ended 31December 2020|||
||||31.12.20|31.12.19|
|Charitable
activities|||||
|Brought forward|||108,215|109,003|
|Church maintenance|||101,492|32,506|
|Church running
expenses|||19,151|20,731|
|Upkeep ofservices|||3,055|8,188|
|Office administration|||3,457|2,571|
|Irrecoverable
VAT|||3,899|3,300|
|Missionary
giving|||282|1,393|
||||239,551|177,692|
|Support costs|||||
|Governance
costs|||||
|Accountancy|||1 925|1,860|
|Total resources expended|||285,197|235,977|
|Net (expenditure)/income|||~48,741)|274,854|