##
|Report ofthe Trustees||1|to|2|
|---|---|---|---|---|
|Independent
Esaminerh|Repast||||
|Statement ofFinancial|Activities||||
|Balance Sheet|||||
|Notes tothe Financial Statements||6|to|16|
|Detailed Statement ofFinancial Acfivlties||17|to|18|
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|||||forthe|year ended|31December 20|20|||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2020|2019|
|||||||iinrestricted|Restricted|Total|Total|
|||||||funds|funds|funds|funds|
||||||Notes|||||
|INCOME|AND ENDOWIVKNTS FROM|||||||||
|Donations|and legacies|||||121,017|31,470|152,487|126,087|
|Charitable|acfivities|||||||||
|Income fi|om Charitable||and ancillary|activity||74,709||74,709|140,181|
|Investment|income||||2|20,817|5,512|26,329|28,044|
|Other income||||||30,598||30,598|717|
|Total||||||247,141|36,982|284,123|295,029|
|EXPENDITURE ON||||||||||
|Charitable|acbvities|||||||||
|Missions|Giving|||||9,373||9,373|8,818|
|Activities|directly relating to the work|||ofthe||||||
|church||||||207,958|1,031|208,989|243,564|
|Church Management||and administration||||74,695||74,695|93,055|
|Total||||||292,026|1,031|293,057|345,437|
|Net gains|on investments|||||82,562|21,759|104,321|139,885|
|NET INCOME||||||37,677|57,710|95,387|89,477|
|RECONCILIATION||OFFUNDS||||||||
|Toad feeds bmaght forward||||||1,516,022|249,167|1,765,189|1,675,712|
|TOTAL FUNDS CARRIED FORWARD||||||1,553,699|306,877|1,860,576|1,765,189|
##
##
||||||2020|2019|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||||
|HXED ASSETS|||||||
|Tangible assets||6|648,273|2,779|651,052|665,609|
|Investments||7|709,217|204,562|913,779|809,457|
||||1,357,490|207,341|1,564,831|1,475,066|
|CURRENT ASSETS|||||||
|Stocks||8|742||742|798|
|Debtors||9|7,541|8,450|15,991|31,355|
|Cash at bank and in hand|||253,188|91,796|344,984|339,917|
||||261,471|100,246|361,717|372,070|
|CREDITORS|||||||
|Amounts
falling due within|one year|10|(65,262)|(710)|(65,972)|(81,947)|
|NKT CURRENT ASSETS|||196,209|99,536|295,745|290,123|
|TOTAL ASSETSLESSCURRENT|||||||
|LIABILITIES|||1,553,699|306,877|1,860,576|1,765,189|
|NKT ASSKTS|||1,553,699|306,877|1,860,576|1,765,189|
|FUNDS|||||||
|Unrestricted
funds|||||1,553,699|1,516,022|
|Restricted funds|||||306,877|249,167|
|TOTAL FUNDS|||||1,860,576|1,765,189|
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|INVESTMENT INCOME|||
|---|---|---|
||2020|2019|
|Other fixed asset invest - FII|25,180|24,676|
|Deposit account interest|1,149|3,368|
||26,329|28,044|
##
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##
||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
|Wages and salaries|||||||65,430|80,042|
|Social security costs|||||||1,155|2,802|
|Other pension costs|||||||1,183|1,378|
||||||||67,768|84,222|
|The average monthly|number|ofemployees|||during the year|was as follows:|||
||||||||2020|2019|
|||||||||4|
|No employees
received emoluments|||in excess of660,000.||||||
|The above includes payments||for the|Verger||and for Secretarial support.||||
|The honorariums
for|the Choirmaster||and Organist are included under costs for Choir and Music.||||||
|The salary for the Children
and Families worker is included
under the costs for Children
COMPARATIVKS FORTHE STATEMENT OFFINANCIALA~|||||||and Families.||
|||||||Unrestricted|Restricted|Total|
|||||||funds|funds|funds|
|INCOME AND ENDOWMENTS FROM|||||||||
|Donations
and legacies||||||116,871|9,216|126,087|
|Charitable
activities|||||||||
|Income from Charitable
and||ancillary||activity||140,181||140,181|
|Investment
income||||||21,293|6,751|28,044|
|Other income||||||717||717|
|Total||||||279,062|15,967|295,029|
|EXPENDITURE ON|||||||||
|Charitable
activities|||||||||
|Missions Giving||||||8,818||8,818|
|Activities
directly relating to||the work||ofthe|||||
|church||||||197,058|46,506|243,564|
|Church Management|and administration|||||93,055||93,055|
|Total||||||298,931|46,506|345,437|
|Net gains on investments||||||104,673|35,212|139,885|
|NKT INCOME||||||84,804|4,673|89,477|
##
||COMPA RATIVES FORTHE STATEMENT OFFINAN|CIAL ACTIVITIES —continu|ed||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
||Transfers
between funds|7,406|(7,406)||
||Net movement
in funds|92,210|(2,733)|89,477|
||RECONCILIATION
OFFUNDS||||
||Total funds brought fonvanl|1,423,812|251,900|1,675,712|
||TOTAL FUNDS CARRIED FORWARD|1,516,022|249,167|1,765,189|
|6.|TANGIBLE FIXEDASSETS||||
||||Fixtures||
|||Freehold|slid||
|||property|fittings|Totals|
|||8|||
||COST||||
||At 1 January 2020|463,523|288,328|751,851|
||Additions||6,903|6,903|
||At 31December 2020|463,523|295,231|758,754|
||DEPRECIATION||||
||At 1 January 2020|40,710|45,532|86,242|
||Charge for year|3,540|17,920|21,460|
||At 31December 2020|44,250|63,452|107,702|
||NET BOOKVALUE||||
||At 31December 2020|419,273|231,779|651,052|
||At 31December 2019|422,813|242,796|665,609|
##
|||||Listed|
|---|---|---|---|---|
|||||investments|
||MARKET VALUE||||
||At 1 January 2020|||809,458|
||Disposals|||(I)|
||Revaluations|||104,322|
||At 31December 2020|||913,779|
||NETBOOKVALUE||||
||At 31December 2020|||913,779|
||At 31December 2019|||809,458|
||There were no investment|assets outside the UK.|||
|8.|STOCKS||||
||||2020|2019|
||Stocks||742|798|
|9.|DEBTORS:AMOUNTS|FALLING DUEWlTHIN ONE YEAR|||
||||2020|2019|
||Other debtors||7,180|30,916|
||Prepayments||8,811|439|
||||15,991|31,355|
##
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||||||2020|2019|
|---|---|---|---|---|---|---|
|Taxation and social|security|||||785|
|Other creditors|||||65,972|81,162|
||||||65,972|81,947|
|MOVEMENT IN FUNDS|||||||
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.1.20|in funds|funds|31.12.20|
|Unrestricted
funds|||||||
|StMartins General|Fund||203,180|(44,527)|26,344|184,997|
|St Martine investment||Fund|448,358|71,716||520,074|
|StMartins Property|Fund||375,000|||375,000|
|StStephens General|Fund||30,422|3,352||33,774|
|Provision for Future|Repairs and||||||
|redecoration|||68,716|10,991||79,707|
|Designated
Legacy|fund (Henley)||356,781|(3,855 )|(2,779)|350,147|
|DesignatedLlegacy|fund (Wiltshire)||23,565||(23,565)||
|Designated Legacy|fund (Davison)||10,000|||10,000|
||||1,516,022|37.677||1,553,699|
|Restricted funds|||||||
|Legacy Fund|||8,416|31,653||40,069|
|Organ Legacy|||146,717|16,193||162,910|
|Fabric Legacy|||8,946|36||8,982|
|Bell Renovation
Fund|||10,104|1,616||11,720|
|Memorial
Garden|||4,132|(637)||3,495|
|War Memorial|||1,598|||1,598|
|Choir@.Organ Legacy|||68,487|8,846||77,333|
|Saint Stephens Legacy|||767|3||770|
||||249,167|57,710||306,877|
|TOTAL FUNDS|||1,765,189|95,387||1,860,576|
##
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|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Uruestricted
funds||||||
|StMartins General Fund||227,128|(287,577)|15,922|(44,527)|
|StMartine Investment|Fund|13,932||57,784|71,716|
|StStephens General Fund||3,946|(594)||3,352|
|Provision for Future Repaus and||||||
|redecoration||2,135||8,856|10,991|
|Designated
Legacy fund (Henley)|||(3,855)||(3,855)|
|||247,141|(292,026)|82,562|37,677|
|Restricted funds||||||
|Legacy Fund||31,653|||31,653|
|Organ Legacy||3,146||13,047|16,193|
|Fabric Legacy||36|||36|
|Bell Renovation
Fund||314||1,302|1,616|
|Memorial Garden||I|(638)||(637)|
|Choir 6IOrgan Legacy||1,829|(393)|7,410|8,846|
|Saint Stephens Legacy||3|||3|
|||36,982|(1,031)|21,759|57,710|
|TOTAL FUNDS||284,123|(293,057)|104,321|95,387|
##
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##
##
|Compuattves
form|ove|ment
in funds|||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.1.19|in funds|funds|31.12.19|
|Umestricted
funds|||||||
|St Martine General|Fund||(8,433)|183,556|28,057|203,180|
|StMartins Investment||Fund|341,266|107,092||448,358|
|StMartins Property|Fund||375,000|||375,000|
|StStephens General|Fund||29,553|869||30,422|
|Provision for Future|Repairs and||||||
|redecoration|||64,277|18,716|(14,277)|68,716|
|Designated
Legacy|fund (Henley)||441,942|(78,787)|(6,374)|356,781|
|DesignatedLlegacy|fund (Wiltshire)||170,207|(146,642 )||23,565|
|Designated
Legacy|fund (Davison)||10,000|||10,000|
||||1,423,812|84,804|7,406|1,516,022|
|Restdcted fuads|||||||
|Legacy Fund|||2,793|5,623||8,416|
|Organ Legacy|||127,399|19,318||146,717|
|Fabric Legacy|||40,002|(31,056)||8,946|
|Bell Renovation
Fund|||8,214|1,890||10,104|
|Piano Fund||||(102)|102||
|Memorial
Garden|||5,311|(1,179)||4,132|
|War Memorial|||1,598|||1,598|
|Sound Fund|||2,467||(2,467)||
|Choir &Organ Legacy|||60,355|8,132||68,487|
|Saint Stephens Legacy|||761|6||767|
|Choir fund|||3,000|2,041|(5,041)||
||||251,900|4,673|(7,406)|249,167|
|TOTAL FUNDS|||1,675,712|89,477||1,765,189|
##
##
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|Unmstricted
funds|||||||
|StMartine General|Fund||253,353|(69,797)||183,556|
|StMartins Investment||Fund|18,331||88,761|107,092|
|St Stephens General|Fund||4,575|(3,706)||869|
|Provision for Future|Repairs and||||||
|redecoration|||2,804||15,912|18,716|
|Designated Legacy|fund I Henley)|||(78,787)||(78,787)|
|DesignatedLlegacy|fund (Wiltshire)|||(146,641)||(146,642)|
||||279,062|(298,931)|104,673|84,804|
|Restricted funds|||||||
|Legacy Fund|||5,623|||5,623|
|Organ Legacy|||3,598|(2,996)|18,716|19,318|
|Fabric Legacy|||2,653|(39,013)|5,304|(31,056)|
|Bell Renovation
Fund|||285||1,605|1,890|
|Piano Fund||||(102)||(102)|
|Memorial
Garden||||(1,179)||(1,179)|
|Choir &Organ Legacy|||1,761|(3,216)|9,587|8,132|
|Saint Stephens Legacy|||6|||6|
|Choir fund|||2,041|||2,041|
||||15,967|(46,506)|35,212|4,673|
|TOTAL FUNDS|||295,029|(345,437)|139,885|89,477|
##
##
|||forthe year ended 31Decembe|r 2020||
|---|---|---|---|---|
||||2020|2019|
|INCOME AND ENDOWMENTS|||||
|Donations
and legacies|||||
|Giving subject to Gift Aid|||86,834|86,751|
|Tax recoverable|||27,958|20,378|
|Legacies|||31,470|5,623|
|Collections|||1,227|8,156|
|Sundry Donations|||4,998|5,179|
||||152,487|126,087|
|Investment
income|||||
|Other fixed asset invest - FII|||25,180|24,676|
|Deposit account interest|||1,149|3,368|
||||26,329|28,044|
|Clmintbte
activities|||||
|PCCFees|||2,522|5,317|
|Church house and income|&om Community|use|20,207|57,599|
|StJohn's Chandler Hall income|||38,400|50,720|
|Magazine
and St Martin's|cards||113|916|
|Mobile telephone
mast rental|||12,880|13,070|
|Fund Raising Activities|||587|12,559|
||||74,709|140,181|
|Other income|||||
|Cofiee and photocopying|||176|717|
|Gmnts|||30,422||
||||30,598|717|
|Toad incoming
msources|||284,123|295,029|
|Charitable
activities|||||
|Wages|||58,324|58,167|
|Social security|||1,155|1,516|
|Pensions|||1,183|1,101|
|Telephone|||2,041|2,131|
|Carried forward|||62,703|62,915|
##
||forthe year ended 31Dece|mber 2020||
|---|---|---|---|
|||2020|2019|
|Charitable
activities||||
|Brought forward||62,703|62,915|
|Postage and stationery||3,272|4,799|
|Sundries|||(1)|
|Church overseas||4,353|2,344|
|Home mission and other Church Societies||5,020|6,474|
|Minisny - Parish share||99,029|101,443|
|Ministry - Clergy expenses||9,487|9,843|
|Ministry
- Sanctuary
and Service Costs||738|3,389|
|Ministry
—Choir tk Music||13,087|17,074|
|Parish activities - Training|and courses|1.585|6,857|
|Magazine
and card stall costs||201|1,125|
|Property costs —Church repairs||20,129|35,021|
|Property costs - Upkeep of|other buildings|14,006|29,710|
|Light, heat, rates and insurance||17,042|24,826|
|Depreciation||21,460|11,902|
|Bank charges||652|929|
|Equipment
maintenance||11,474|4,627|
|Sundry expenses||687|1,123|
|Children
and Families||363|15,862|
|Covid related expenses||3,490||
|||288,778|340,262|
|Support costs||||
|Governance
costs||||
|Accountancy
and legal fees||2,816|5,175|
|Bookkeeping services||1,463||
|||4,279|5,175|
|Total resources expended||293,057|345,437|
|Net expenditme||(8,934)|(50,408)|