## **PAROCHIAL CHURCH COUNCIL OF ST MARY THE BLESSED VIRGIN BURLEY IN WHARFEDALE** 

## **Index to the 2020 Accounts** 

## **Independent Examiner's Report** 

||**Treasurer's Report**|||
|---|---|---|---|
|**Page     1**|<br>**The Balance Sheet**|||
|**Page     2**|<br>**Note 1 to the Financial Statements - Accounting Policy**|||
|**Page     3**|<br>**Note  2**<br>**"**|**"**|**- Incoming Resources**|
|**Page     4**|**& 5 Note  3**<br>**"**|**"**|**- Resources Used**|
|**Page     6**|<br>**Notes  4 & 5**<br>**"**|**"**|**- Assets**|
|**Page     7**|<br>**Gifts to Mission & Charities**|||
|**Page     8**|<br>**The Budget for 2021**|||
|**Page     9**|<br>**St Mary’s Parish Centre Accounts**|||
|**Accounts of Church Organisations**||||
|**Page    10**|<br>**The Mothers' Union**|||
|**Page    11**|<br>**The Ladies Group**|||



## **The Accounts of Church Organisations** 



TBEASURER'S REPORT ON 2020 ACCO￿8
throost of our thllch services in the past year having to be held on zoom it is remarkable that
our Christian Giving Jjas fallcn by only £ I7￿ to £ 82235 and so I extend a Iwge th8Dk you to a]1
our wOnderfi￿ parishioDeTs for th¢ii get￿osIty and loyalty in this most difficult of years..Under
Karen's guidance the Patish Giving Scheme h&8 been sucCess￿Y launched and we would urg¢ all
paTishT0ll￿S Still using the weekly envelopes or monthly standing orders to switeb over to P G S for
it saves much adroll￿ve work 8Dd ellables us to recoup tsx rebat¢ monthly rather than on an
anouftl basis.
It V48s illevitable that ￿p¢ll Plate- income ￿ll1d fall subst8nti8lly ss VK bave been to atteAd
¢hur¢b services at St Maty5, but we hope to iotrodu¢o decfxonic maknng to supplement
r¢¢eipts in the year.
There was a fijll ye8r of contributiODS towatds th¢ C￿t of an Outreach Wots an4 as M8xie l¢ft
part way thmugb. £ 6.766 could be carried foTrvard to tb¢ cuTht year tOW8rds th¢ ￿5t of I
replacement.
Withthe Pwish Centr beitig closed 8nd frw Church SeThi¢es itlw beell necessary to take
advantsge of the Government Job Retention Scheme formembers of stsff and the Incon￿ Teceived
£ 4.461 is sbown in SeLtiou2d Ajso of SA￿lfiCanCe is the VATI￿aIMed by Val mainly on the
repairto the East Wmdow.
Our healthy IncomiDg Resources £ 175.784 wa¢ llwlc possible by a most genemus Life Tune Oifi
by Jeyjnifer and Nigel Cotiam settyng all example to us ￿ in how we may develop Outreath in
Wlwftdale to bring othets into th¢ f￿]lY of ChrisL
ThTDiag to Resources Allocat￿ we were ablfy once agai￿ to pay our Parisb Sllare in fjjll ond tbe
nttrtmost Signifiwt cost. Maintenance £ 11266. maitily speth on roof repair&
Despite the Parish Centr Deficit of £ 5,868. ov¢raiL w¢ NNtre able to ch8D8Q the deficit of 2019
)￿t0 a Surp1￿ of £ 14.650.
During the past tYKllty yeats it has Ixen a Ple￿ 8nd apTivllege to serve you in one way or
auother in f￿H￿lat mattets, but on reacbiog my eightieth year. it is tiTne to staud dowD for a
youttger person to Jojjn Spejjcer for pic&ing up th¢ Treasurer's baton at th¢APCM.
Finally. I would Jike to tbaDk all the 011￿ members of our Finance Teattl:
Pam, ( Secrekniat) Roger ow Independent Examine4 Karen ( Parisb Giving SthD4) Cbristine
( Monthly Envelopes ) Judith ( Salaries ) and J&son ( Ballkn￿)

PAROCHIAL CHURCH COUNCIL OF ST MARYTHE BLESSED VIRGIN
BURLEY IN WHARFEDALE
BALANCE SHEEf AS AT 31 DECEklBER 2020
FIXED ASSErs
Tanolb]• Flx•d A¥s9ts
131
131,000
CuThentA6sel8
383.139
375.598
LIABIUnES
Amount ¢knwYth on•y••r
FUNDS
Bank-currènt AcceLmts
Bank- D￿0$it Account
tleblorn & Prep3ym*)ts
85,113
147,335
79,483
147,135
And 8lgn8d on118 bthgllty

## **PAROCHIAL CHURCH COUNCIL OF S. MARY B.V.  BURLEY IN WHARFEDALE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED   31 DECEMBER 2020** 

## **1. ACCOUNTING POLICIES** 

The financial statements have been prepared in accordance with the Church Accounting Regulations 1997 together with applicable accounting standards and the Charities SORP. The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. 

## **Funds** 

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted. 

The accounts include transactions, assets and liabilities for which the PCC is responsible in law.  They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members. 

## **Incoming resources** 

## _Voluntary income and capital sources_ 

Collections are recognised when received by or on behalf of the PCC. 

Planned giving receivable under covenant is recognised only when received. 

Income tax recoverable on covenants or gift aid donations is recognised when the income is recognised. 

Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due. 

Funds raised by the fete, garden party, and similar events are accounted for gross. 

Sales of books and magazines from the church bookstall are accounted for gross. 

## _Other ordinary income_ 

Rental income from the letting of church premises is recognised when the rental is due. 

## _Income from investments_ 

Dividends and interest are accounted for when 

receivable.  Tax recoverable on such income is recognised in the same accounting year. 

## _Gains and losses on investments_ 

Realised gains or losses are recognised when investments are sold.  Unrealised gains or losses are accounted for on revaluation of investments at 31 December. 

## **Resources used** 

## _Grants_ 

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. 



## _Acivities directly relating to the work of the Church_ 

The Diocesan share is accounted for when payable.  Any unpaid at 31st  December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the Balance Sheet. 

## **Fixed Assets** 

## _Consecrated land and buildings and movable church furnishings_ 

Consecrated and beneficed property is excluded from the accounts by s.96(2)(a) of the Charities Act 1993. 

No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property.  All expenditure incurred during the year on consecrated or beneficed buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA and separately disclosed. 

## _Other fixtures, fittings and office equipment_ 

Equipment used within the church premises is depreciated and written off in the year of purchase. 

## _Investments_ 

Investments are valued at market value at 31 December. 

## _Current assets_ 

Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectible. 

Short-term deposits include cash held on deposit either with the CBF Church of England Funds or at the   bank. 



3 

## **PAROCHIAL CHURCH COUNCIL OF ST MARY THE BLESSED VIRGIN BURLEY IN WHARFEDALE** 

## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020** 

|**2**<br>**INCOMING RESOURCES**<br> Unrestricted     Restricted<br>Funds           Funds<br>£<br>£<br>**2a** **Incoming Resources from donors**<br>Planned giving:<br>Gift Aid Donations<br>82,235<br>-<br>Income Tax recoverable<br>19,828<br>-<br>Collections - Open Plate<br>1,311<br>-<br>-  Occasional<br>284<br>-<br>Donations<br>198<br>-<br>Legacies<br>-<br>1,100<br>Bequests<br>-<br>1,262<br>Life time Gifts to Outreach<br>_____-<br>35,000<br>103,856<br>37,362<br>**2b** **Other Voluntary Incoming Resources**<br>**______-**<br> 2,124<br>Grants (page7)<br>**2c     Income from operating activities**<br>**to further the council’s objectives**<br>Friends of St Mary’s<br>-<br>2,397<br>Fees - Baptisms, Weddings and Funerals<br>-<br>3,632<br>Donations to Outreach Worker<br>-<br>10,433<br>Auction of Promises<br>-<br>968<br>Parish Centre Surplus<br>_____-<br>_____-<br>_____-<br>17,430<br>17,430<br>**2d** **Income from operating activities**<br>**to general funds**<br>Sales – magazines<br>1,595<br>-<br>Sales - magazine advertising<br>750<br>-<br>PCC Coffee Mornings<br>-<br>351<br>Job Retention Scheme<br>_____-<br>_4,461<br>_2,345<br>_4,812<br>**2e Income from investments**<br>Interest<br>687<br>-<br>Rent<br>___25<br>____-<br>__712<br>____-<br>**2f**<br>**Income to funds**<br>VAT Reclaimed<br>6,969<br>Church Lounge<br>-<br>Boys Choir<br>-<br>-<br>God’s Acre<br>_174<br>____-<br>_174<br>6,969<br>7,143<br>2,173<br>**TOTAL INCOMING RESOURCES**<br>107,087<br>68,697|Total<br>2020<br>£<br>82,235<br>19,828<br>1,311<br>284<br>198<br>1,100<br>1,262<br>35,000<br>141,218<br>2,124<br>2,397<br>3,632<br>10,433<br>968<br>_____-<br>_21,199<br>1,595<br>750<br>351<br>_4,461<br>_7,157<br>687<br>___25<br>__712<br>6,969<br>-<br>_174<br>175,784|Funds<br>2019<br>£<br>84,940<br>19,600<br>5,258<br>582<br>Sundry<br>791<br>20,000<br>648<br>_____-<br>131,819<br>2,218<br>3,093<br>7,529<br>6,700<br>3,873<br>_____4<br>1,533<br>940<br>1,750<br>_____-<br>_4,223<br>1,008<br>____-<br>1,008<br>-<br>1,210<br>794<br>__169<br>162,640|
|---|---|---|





## **PAROCHIAL CHURCH COUNCIL OF ST MARY THE BLESSED VIRGIN BURLEY IN WHARFEDALE** 

## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020 (continued)** 

|**3**<br>**RESOURCES ALLOCATED**<br>**Unrestricted**<br>**Funds**<br>**£**<br> <br>**3(a)  Grants**(page 7)<br>Missions and Charitable Giving:-<br>Church Overseas:-<br>- Missionary Societies<br>-<br>- Relief & Development Agencies<br>-<br>- Home Missions & Church Societies<br> - <br>_____<br>To page 1<br>**3(b)  Activities Relating to Work of Church**<br>Ministry - Parish Share<br>90,589<br>- Clergy<br>2,429<br> - Eucharist<br>689<br>Church - Outreach<br>-<br>- Heating, Lighting, Water<br>4,998<br>- Insurance<br>2,147<br>-<br>- Cleaning<br>3,148<br>- Maintenance<br>11,266<br>- Repair to East Window<br>441<br>Choir  - Pay<br>80<br>- Music etc<br>536<br>- Organ Repairs<br>480<br>- Director of Music<br>6,941<br>Sunday School<br>253<br>Employer’s Pensions<br>489<br>Funds available for Outreach<br>-<br>Architect’s Fees<br>__4,499<br> 128,985<br>10,434<br>139,419<br>**3(c)  Church Management & Admin.**<br>Parish Centre Deficit<br>-<br>Church Literature<br>100<br>Our Vicar  3,943<br>-<br>3,943<br>_4,347____-<br>_4,347<br>_____-<br>_8,390 5,868<br>14,258<br>_2,844|**Restricted      Total   Funds**<br>**Funds          2020       2019**<br>**£              £**<br>**£**<br>400<br>400<br>500<br>4,973<br>4,973<br>6,056<br>_2,000<br>2,000<br>1,000<br>_7,373<br>7,373<br>7,556<br>-<br>90,589<br>95,594<br>-<br>2,429<br>2,334<br>-<br>689<br>605<br>3,668<br>3,668<br>6,836<br>-<br>4,998<br>7,937<br>2,147<br>2,384<br>-<br>3,148<br>2,516<br>-<br>11,266<br>4,801<br>-<br>441<br>43,436<br>-<br>80<br>550<br>-<br>536<br>436<br>-<br>480<br>620<br>-<br>6,941<br>5,982<br>-<br>253<br>203  <br>-<br>489<br>-<br>6,766<br>6,766<br>-<br>_____-<br>__4,499<br>______-<br>174,234<br>5,868<br>5,868<br>-<br>-<br>100<br>124<br>P.A. to<br>2,720  Parish Centre Manager|
|---|---|





## **PAROCHIAL CHURCH COUNCIL OF ST MARY THE BLESSED VIRGIN BURLEY IN WHARFEDALE** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

**For the year ended 31 December 2020 (continued)** 

|||**Unrestricted**|**Restricted      Total**|**Restricted      Total**|**Restricted      Total**|**Funds**|
|---|---|---|---|---|---|---|
|||**Funds**|**Funds**||**2020**|**2019**|
|||**£**<br>|**£**||**£**|**£**|
|3d|Miscellaneous Expenses||||||
||Postages|______-|__-_||<br>____-|_29|
|||______-|_____||<br>____|__29|
|3e|Expenditure ex Funds||||||
||Presentations|(131)|||(131)|352|
||Choir Fund|179||-|<br>179|-|
||Refreshments|____36|_|-|36|225|
|||____84|____|-|<br>__84|__577|
|TOTAL|RESOURCES  USED|137,459|23,675||161,134|185,240|
|SURPLUS IN YEAR  (2019 DEFICIT)||30,372|45,022||14,650|(22,600)|
|Balance|1st January 2020||||354,709|377,309|
|Balance|31st December 2020||||369,359|354,709|
|Movement|||||14,650|(22,600)|





## **PAROCHIAL CHURCH COUNCIL OF ST MARY THE BLESSED VIRGIN BURLEY IN WHARFEDALE** 

## **GIFTS TO MISSIONS AND CHARITIES 2020** 

|**SOURCE OF GIFTS**<br>Bequests<br>Christingle Services<br>Grant<br>7,373<br>**ALLOCATED TO:**<br>Mission Societies<br>Sudan Church Community<br>Relief and Development Agencies<br>Burley/Tereli Friendship Trust<br>Katiyo School<br>Bibles to Schools<br>DEC Cyclone Appeal<br>Christian Aid<br>British Legion<br>Mothers’ Union<br>Church of the Resurrection – Istanbul<br>Pia Lewthwaite Sponsorship<br>Children’s Society<br>Burley Scouts and Guides<br>W. Nepal Disability Trust<br>Burley Community Trust<br>McKenzie Friends Charity<br>World Challenge Expedition<br>Jody Wigfall Coy Charity<br>Bradford Churches<br>Otley Christian Resources Hub<br>Burley Lockdown Relief<br>Home Missions and Church Societies<br>Leeds Diocese<br>Churches Together<br>Inn Churches<br>Christ Church<br>Jesus Shaped People|5,249|**2020**<br>**2019**<br>**£**<br>**£**<br>2,124<br>1,326<br>-<br>__892<br>2,124<br>2,218PCC<br> <br>5,338<br>7,556<br>400<br>500<br>500<br>250<br>85<br>355<br>133<br>143<br>548<br>56<br>250<br>-<br>892<br>116<br>850<br>-<br>250<br>48<br>80<br>-<br>2,000<br>____-<br>4,973<br>6,056<br>-<br>200<br>500<br>50<br>__250<br>2,000<br>_1,000<br>7,373<br>7,556|
|---|---|---|
||<br>400<br>446<br>350<br>432<br>-<br>-<br>-<br>-<br>250<br>45<br>-<br>-<br>800<br>250<br>400<br>-<br>-<br>750<br>1,000<br>__250<br>2,000<br>-<br>-<br>-<br>-||





MBW Cmrr
8￿jget[CrY￿ 31° D¢c•niw
Christisn Gp4iTrJ
Cdkthn5 in Chu￿*
IrwmeT8x R*tO
37LN)
131Q
19827
79)
79)
31CtsJ
PCC Coffaè Mcrfnlr
Fees:WeddngwFLmra¥
351
RwdèrfNJ ofChLwth
2124
2879
Fr*TrJ• Fund
Jr*J RetÉnlKJn$ S¢h
VAT Redaim
4461
I￿J0
175783
195150
EXPENDITURE
SI￿ Gr•ing
Art￿l￿tS Fee5
Dk¢e8Bn ShBrn
Cltrgy Expenwi
E￿barfSt
73n
2428
Church In￿rar
Chureh
Rep8lrs& Renww81
CtsJlr Pav
rknthof Mu*
Oryan ReFdrE
•1¢
Sunday sch￿￿T.
Chotr Fund
PrkntlwstavP￿Ia989
PAtoourW
2147
3148
11707
32ts)
250
100
1C
PrFs8nlÉtluns
Church Literalwe
Patsh C*ntre k*ar
Past￿& Outre*b Worknr
EmFAo)*rf PWSK
GBrdenw
250
175
12(
400
1500
180779
159439
24781
20519
14371

St Marfs Centre
Fhwndal Report.Enknl-y2020
yjjg
Income
ftoam hlre
Op•n Door
sa￿ of eards
PhotocopWnE
14W.74
4.498.75
14056
21,052.24
15,979.93
762.91
2x26
42.69
3.926.42
116.03
4720
lO￿L01
66
Expendltsre
Insurance
W4t•r
tes
J(ATrtluel
anln6
Pl￿$ Nel
20.715.18
737.04
18149
228.00
2&
78459
30&12
54Q79
157.$0
38&86
1572.44
L341.85
420.
6.733a9
123.89
I97￿[￿
2L048.69
731.50
310.89
914.2B
1838.
L57J.OD
280.61
Phon•
Phot￿0p1¢T c05tS
CMsurn3blES
704.11
I￿1.05
1620.94
Srfety•nd M•kntsnw
Petty Cash
Other
6,429.69
410.01
1057.16
Summary
68A4
27391.61
2L523.17
5W7A3
IS.618A4
17aO
Surplus CIF at start ol yr
Total Funds at year end
EThJ oly￿￿ b•nk b•knrK•
DepositA¢¢ B*n¢e
Cash In H￿d
2738B.(6
27,391.61
IL839.21
15552.40
Mmtln fty5S
zl/uLILI
+￿Or1ry￿dtt
lil OLI

10
Burley in Wharfedale Branch
Mothers. Unlon
Recèlptsand Ptyn￿nts. Year 315t Decemb￿ JJ20
IKom•
Subscriptb)Trs128 rnembu5 @ £241
2020
ff12.00 6￿.00
32.Q) 114.50
$5.63
225.C
140.
17.50
74.53
340.C
70&1KI 1,657.26
Grant from PCC c4Jffee donatlons
StrawberryT
Cc41ection from Sudan ts
Other
Xmis Lunch
T(¥ial
2020
20
672.00 690.00
60.00
16.
Sub5 to 0kJc•se
Sudan v1$￿trI￿rI tosts conithlon
oth¢rTra%*l
Fknwers
X￿$ lunch
Donatbn
AFIA
Overseas Ilxcludtnq Sudan cojlectfon balance).
SummerofHoF
H*rwst Fund
Dl¢¢we donatloh.
Ot￿r
Tol•l
339.15
255.C¥)
672m 1.735.15
t)In8 cash lus bank b•bn
Incorne durlnB year
-￿.ndItule durfn
Surpluslr*flt(t generated Inw•ar
En&ofvY•ar Cash lrt hand
En&ofvYMr 8•nk B•labX•
6168 140.57
704.0) 1.657.26
672.(Q 1735.15
4117
5151
ts.17
47.51
Branch Trnagjrer
?/L)'JZI
MartlN Ru55eM
ccrtjnts authorw by
Rwatts

## THE LADIES GROUP 

As a result of Coronavirus there have been no events undertaken by The Ladies Group in the past year and so no accounts are applicable.