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2020-12-31-accounts

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen

Charity No. 1134165

Trustees' Report and Unaudited Accounts

31 December 2020

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Contents

Pages
Trustees' Annual Report 2 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 9 to 18
Statement of Cash flows 19
Detailed Statement of Financial Activities 20 to 22

Page 1

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Trustees Annual Report

The Trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2020.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 1134165

Principal Office

The Parish Office St Nicholas Church 30 Wareham Road Wimborne BH21 3LE

Trustees

The following Trustees served during the year:

C. Bendinelli
H. Burbidge
J. Burbidge
C. Burgess
J. Burgess
T. Christian
G. Dale
A. Duyvesteyn
P. Eaton
J. Edwards (Resigned 31 October 2020)
S. Hart
D. Hayward
A. Hearn
T. Hicks
A. Houlston (Resigned 31 October 2020)
M. Jackson
A. Richmond
S. Skinner
R. Stevens
M. Warman (Resigned 31 October 2020)
Key Management Personnel
Rector The Rev’d Jane Burgess
Training Curate The Rev’d Mathew Smith (from July 2020)
Associate Priest The Rev’d Charles Burgess
Churchwarden Geoff Dale
Churchwarden Rachel Stevens
Treasurer Thomas Hicks
Accountants
Hammond & Co

Page 2

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen

Trustees Annual Report

74 Blandford Road

Corfe Mullen Wimborne Dorset BH21 3HQ

Bankers

Lloyds Bank Lower Blandford Road Broadstone Dorset

OBJECTIVES AND ACTIVITIES

When planning our activities for the year, the clergy and the PCC have considered the Charity Commission’s guidance on public benefit and in particular the specific guidance for charities for the advancement of faith. In particular we try to enable ordinary people to live out their faith as part of our parish community through: - Worship and prayer; learning about the Christian faith; growing in living out the faith in their lives; - Provision of pastoral care for people living in the parish;

To facilitate this work it is important we maintain the fabric of St Huberts Church and St Nicholas Church Centre. We have a Vision Statement to guide us and help and guide our action:

Growing Together: Towards God, Each Other and Community

ACHIEVEMENTS AND PERFORMANCE

Significant Activities

In a year that has been dominated by the Covid 19 pandemic our main focus has been to support our community practically and spiritually.

St Nicholas Church centre remained open through the whole year including during lockdowns for the foodbank. We saw large amounts of food being donated and an increased usage of the foodbank during the year. Church members were encouraged to join in the community effort to support those shielding and the elderly during lockdowns.

Our buildings were made Covid secure and kept open for community use and worship whenever restrictions allowed them to be used.

Redecoration and new carpets fitted in the Narthex and corridors were completed as was redecoration of the hall. The car park was extended to make an overflow area. This work was made possible by grants from the Erskine Mutton Fund and the Talbot Village Fund.

We welcomed the probation service to bring those doing community service to work in both the grounds of St Nicholas and St Hubert and we hope this partnership will continue.

We have been fortunate to receive to receive some extremely generous legacies this year for which are very grateful for and will enable us to continue the work to upgrade our facilities but also to develop our mission and ministry activity in the future.

Worship and prayer

Page 3

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Trustees Annual Report

Due to the pandemic for the majority of the year services have been online, although the church has been open whenever possible. We have embraced online worship both on Facebook and YouTube. While it is difficult to know who exactly is viewing, the numbers suggest a lot more people are engaging in our worship than would normally attend services and there is evidence that people outside our local geographical area are joining in worship online with us.

We have regular Zoom prayer meetings during the week and host two coffee and chat meetings per week for fellowship as well as conducting Life groups online.

At present there are 94 on the church electoral roll.

Deanery Synod

Two members of the elected PCC sit on the Wimborne deanery Synod, thus providing a link between the parish and the wider structures of the church.

Pastoral Care

We continue to provide regular pastoral support for those in the parish. Mostly this year this has had to be conducted via telephone. Regular emails (and paper copies where necessary) have kept people in touch with the life of the church.

Mission and Outreach

The church facilities have been particularly valued by the community as a safe Covid secure space to use when restrictions have allowed people to meet together and we have welcomed some new groups during this time.

At Christmas, we organised a Nativity trail for families to participate in during the school holidays. We held two outdoor Carol services to provide a Christmas gathering for the community while restrictions were in place.

Our Rector is a trustee of the Phelpps Trust and is part of the Steering group of Corfe Mullen Dementia Friendly Community and the Good Neighbours scheme. She is also a trustee of Prama Life. We continue to seek to develop relationships with local schools to support their work.

We support three local charities: homeless charity Route to Roots in addition to the Bible society and the Sudan Medical Link.

FINANCIAL REVIEW

The PCC has been reliant on the generosity of donations and grants during the year, together with income from the hiring out of its rooms. Donations and grants during the year totalled £91,730 (2019 - £88,667), while room hire saw a drop in income during 2020 to £35,474 (2019 - £53,849), which is to be expected given the COVID-19 pandemic. Additionally, the PCC received legacies totalling £286,267 (2019 - £10,000). Legacies are an important source of funds for the PCC and each one helps us to fulfil our mission and ministry in the parish.

Expenditure during 2020 has remained reasonably in line with the previous year at £127,360 (2019 - £130,802), with expenditure on charitable activities being by far our biggest expense.

In preparing the 2020 accounts, a review of our activities was undertaken and as a result, income and expenditure from 2019 has been reclassified in the comparative figures for this year's accounts to give a more meaningful view of the PCC's activities and to provide a meaningful comparison against this year's figures.

Reserves policy

Page 4

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen

Trustees Annual Report

The PCC aim to retain sufficient cash funds within the Church’s bank accounts to provide adequate working capital to sustain the day to day operations of the Church. They will also ensure monies are put aside for the upkeep of the buildings and renewal of licences / insurance as required.

PLANS FOR FUTURE PERIODS

The PCC has the responsibility of cooperating with the Priest in-charge in promoting in the ecclesiastical parish, the whole mission of the church; pastoral, evangelistic, social and ecumenical.

The PCC has responsibility for the buildings of St Huberts Church, a Grade II* listed building on the A31, and St Nicholas Church complex, including the Wilmore Centre, in the main part of the village on the Wareham Road.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The PCC is a charity registered with the Charity Commissioners. (reg. no. 1134165)

The method of appointment of PCC members is set out in the Church Representation Rules. PCC members are the Trustees of the charity.

The PCC met eight times with high attendance rates throughout the year, plus a training meeting and ‘away morning’. Many meetings had to be conducted via Zoom. A Standing Committee was appointed but only met if necessary.

The PCC has a financial controls policy

A budget is agreed annually and monitored throughout the year by the PCC.

Management accounts can be accessed remotely by the treasurer and quarterly reports given to the full PCC or can also access live reports remotely.

The following people have authority to authorise expenditure for non budgeted emergency expenses : Church Warden(s ) and Rector together can authorise expenditure up to £250.00

If a greater amount is needed the full Standing Committee to be consulted and has the authority to authorise items up to £750 and report back at next PCC. Expenditure above this figure to receive PCC approval.

Statement of trustees' responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the charity's trustees

J. Burgess Rector 20 April 2021

Page 5

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Independent Examiners Report

Independent Examiner's Report to the trustees of The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen

I report to the trustees on my examination of the accounts of The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen for the year ended 31 December 2020 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011('the Act'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.

I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by being a qualified member of Association of Chartered Certified Accountants.

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

John Cordner Hammond & Co 74 Blandford Road Corfe Mullen Wimborne Dorset BH21 3HQ 20 April 2021

Page 6

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Statement of Financial Activities

for the year ended 31 December 2020

Unrestricted
funds
2020
Notes
£
Income and endowments
from:
Donations and legacies
3
57,577
Charitable activities
4
736
Other trading activities
5
35,474
Investments
6
77
Other
7
3,333
Total
97,197
Expenditure on:
Raising funds
8
5,631
Charitable activities
9
63,361
Other
11
26,751
Total
95,743
Net gains on investments
-
Net income
12
1,454
Transfers between funds
-
Net income before other
gains/(losses)
1,454
Other gains and losses
Other Gains
-
Net movement in funds
1,454
Reconciliation of funds:
Total funds brought forward
74,670
Total funds carried forward
76,124		 Unrestricted
funds
2020
Notes
£
Income and endowments
from:
Donations and legacies
3
57,577
Charitable activities
4
736
Other trading activities
5
35,474
Investments
6
77
Other
7
3,333
Total
97,197
Expenditure on:
Raising funds
8
5,631
Charitable activities
9
63,361
Other
11
26,751
Total
95,743
Net gains on investments
-
Net income
12
1,454
Transfers between funds
-
Net income before other
gains/(losses)
1,454
Other gains and losses
Other Gains
-
Net movement in funds
1,454
Reconciliation of funds:
Total funds brought forward
74,670
Total funds carried forward
76,124		 Restricted
funds
2020
£
320,420
3,041
-
-
-		 Endowment
funds
2020
£
-
(19)
1,283
6,343
-		 Total funds
2020
£
377,997
3,758
36,757
6,420
3,333		 Total funds
2019
£
328,667
10,310
53,849
7,130
3,168
323,461
-
30,521
-		 7,607
681
415
-		 428,265
6,312
94,297
26,751		 403,124
3,593
94,921
32,288
95,743
-		 30,521
-		 1,096
-		 127,360
-		 130,802
-
292,940
-		 6,511 300,905
-		 272,322
-
-
1,454
-		 292,940
-		 6,511
-		 300,905
-		 272,322
10
1,454
74,670		 292,940
154,772		 6,511
234,183		 300,905
463,625		 272,332
191,293
76,124 447,712 240,694 764,530 463,625

Page 7

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Balance Sheet

at 31 December 2020

Charity No. 1134165
Fixed assets
Tangible assets
15
Investments
16
Current assets
Debtors
17
Cash at bank and in hand
Creditors:Amount falling due within one year
18
Net current assets
Total assets less current liabilities
Net assets excluding pension asset or liability
Total net assets
The funds of the charity
Restricted funds
19
Endowment funds
Restricted income funds
Unrestricted funds
19
General funds
Designated funds
Reserves
19
Total funds		 2020
£
2,364
230,000
232,364
529
534,430
534,959
(2,793)
532,166
764,530
764,530
764,530
240,694
447,712
688,406
40,283
35,841
76,124
764,530		 2019
£
1,000
230,000
231,000
7,907
228,433
236,340
(3,715)
232,625
463,625
463,625
463,625
234,183
154,772
388,955
66,290
8,380
74,670
463,625

Approved by the trustees on 20 April 2021

And signed on their behalf by:

J. Burgess Trustee 20 April 2021

Page 8

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Notes to the Accounts

for the year ended 31 December 2020

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 9

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Notes to the Accounts

Expenditure

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Equipment, fixtures & fittings 33% Straight line

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Page 10

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Notes to the Accounts

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Statement of Financial Activities - prior year

Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Other
Total
Expenditure on:
Raising funds
Charitable activities
Other
Total
Net income
Transfers between funds
Net income before other
gains/(losses)
Other gains and losses:
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
3
Income from donations and legacies
Donations from individuals
Legacies
Grants from other charities
Gifts in kind		 Unrestricted
funds
2019
£
66,953
5,573
53,849
119
3,168
129,662
1,958
82,354
29,238
113,550
16,112
(5,071)
11,041
10
11,051
63,617
74,668
Unrestricted
£
47,342
1,000
9,234
-
57,577		 Restricted
funds
2019
£
31,714
4,737
-
-
-
36,451
1,635
12,567
222
14,424
22,027
5,071
27,098
-
27,098
127,676
154,774
Restricted
£
4,154
285,267
31,000
-
320,420		 Endowment
funds
2019
£
230,000
-
-
7,011
-
237,011
-
-
2,828
2,828
234,183
-
234,183
-
234,183
-
234,183
Total
2020
£
51,496
286,267
40,234
-
377,997		 Total funds
2019
£
328,667
10,310
53,849
7,130
3,168
403,124
3,593
94,921
32,288
130,802
272,322
-
272,322
10
272,332
191,293
463,625
Total
2019
£
52,678
10,000
35,989
230,000
328,667

Page 11

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen

Notes to the Accounts

4 Income from charitable activities

Unrestricted
£
Functions
-
Weddings and funerals
-
Coffee shop
721
Other activities
15
736
5
Income from other trading activities
Room hire
6
Income from investments
Interest receivable on bank
deposits
Rental income
7
Other income
Fees and supplies
Coronavirus Job Retention
Scheme		 Restricted
£
-
4,159
-
(1,118)
3,041
Unrestricted
£
35,474
35,474
Unrestricted
£
77
-
77		 Endowment
£
-
-
-
(19)
(19)
Endowment
£
1,283
1,283
Endowment
£
-
6,343
6,343
Unrestricted
£
-
3,333
3,333		 Total
2020
£
-
4,159
721
(1,122)
3,758
Total
2020
£
36,757
36,757
Total
2020
£
77
6,343
6,420
Total
2020
£
-
3,333
3,333		 Total
2019
£
3,211
4,537
2,562
-
10,310
Total
2019
£
53,849
53,849
Total
2019
£
119
7,011
7,130
Total
2019
£
3,168
-
3,168

Page 12

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen

Notes to the Accounts

8 Expenditure on raising funds

8
Expenditure on raising funds
Fundraising trading costs
Room hire
Investment management
costs
Rental income
9
Expenditure on charitable activities
Unrestricted
£
Expenditure on charitable
activities
Functions
92
Weddings and funerals
446
Coffee shop
308
Other activities
14,515
Grants made
48,000
Governance costs
63,361
10 Analysis of grants
Activity or programme
Diocese of Salisbury
Activity or programme
Diocese of Salisbury		 Unrestricted
£
5,631
-
5,631
Restricted
£
-
1,145
-
29,376
-
30,521		 Endowment
£
-
681
681
Endowment
£
74
-
-
341
-
415
Grants to
Institutions
£
48,000
48,000
Grant
funding of
activities
£
48,000
48,000		 Total
2020
£
5,631
681
6,312
Total
2020
£
166
1,591
308
44,232
48,000
94,297
Total
2020
£
48,000
48,000
Total
2020
£
48,000
48,000		 Total
2019
£
2,405
1,188
3,593
Total
2019
£
-
2,799
(6)
43,128
49,000
94,921
Total
2019
£
49,000
49,000
Total
2019
£
49,000
49,000

Page 13

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Notes to the Accounts

11 Other expenditure

11 Other expenditure
Unrestricted Total Total
2020 2019
£ £ £
Employee costs 10,686 10,686 12,693
Motor and travel costs - - 140
Premises costs 7,015 7,015 10,860
Amortisation, depreciation,
impairment, profit/loss on 357 357 -
disposal of fixed assets
General administrative costs 7,373 7,373 7,935
Legal and professional costs 1,320 1,320 660
26,751 26,751 32,288
12 Net income before transfers
2020 2019
This is stated after charging: £ £
Depreciation of owned fixed assets 357 -
Independent Examiner's fee 960 960
13 Trustee remuneration and expenses
One or more of the trustees has been paid expenses in the current or prior periods.
2020 2019
Number Number
Number of trustees paid expenses 3 3
The nature of the reimbursed expenses Clergy and general expenses
£ £
Total expenses reimbursed to trustees 2,100 3,125
14 Staff costs
Salaries and wages, allocated to:
Charitable activities 5,278 5,160
Fundraising activities 5,631 5,671
Administrative activities 10,516 12,693
Social security costs 170 -
21,595 23,524
No employee received emoluments in excess of £60,000.
The average monthly number of full time equivalent employees during the year was as follows:
2020 2019
Number Number
Administrative, charitable
and fundraising		 7 7
7 7

Page 14

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Notes to the Accounts

15 Tangible fixed assets

Cost or revaluation
At 1 January 2020
Additions
At 31 December 2020
Depreciation and
impairment
At 1 January 2020
Depreciation charge for the
year
At 31 December 2020
Net book values
At 31 December 2020
At 31 December 2019
16 Investments
Cost or revaluation
At 1 January 2020
At 31 December 2020
Net book values
At 31 December 2020
At 31 December 2019
17 Debtors
Other debtors
18 Creditors:
amounts falling due within one year
Other creditors
Accruals and deferred income		 2020
£
529
529
2020
£
1,833
960
2,793		 Equipment,
fixtures &
fittings
£
29,001
1,721
30,722
28,001
357
28,358
2,364
1,000
Freehold
Investment
Property
£
230,000
230,000
230,000
230,000		 Total
£
29,001
1,721
30,722
28,001
357
28,358
2,364
1,000
Total
£
230,000
230,000
230,000
230,000
2019
£
7,907
7,907
2019
£
3,115
600
3,715

Page 15

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Notes to the Accounts

19 Movement in funds

Restricted funds:
Endowment funds:
Wilmore property
Total
Restricted income funds:
Wilmore Fund
Friends of St Huberts
Weddings & Funerals
Jubilee Refurbishment
Foodbank
Memory loss hub
Miscellaneous & memorials
Youth music
Youth worker
Junior puppets
Coffee morning
Pastoral fund
AP - St Huberts
AP - St Nicholas
PW
Routes for roots
Samaritan's purse
Mary Gardener - St Huberts
Mary Gardener - St Nicholas
Bible society
Total
Unrestricted funds:
General funds
Designated funds:
St Nicholas
St Huberts
Coffee shop
Saltmine
Share accrual
Baptism & bibles
Catering
Functions		 At 1 January
2020
234,183
234,183
118,400
9,904
5,202
10,000
2,326
638
3,780
656
3,298
44
404
120
-
-
-
-
-
-
-
-
154,772
66,290
23,683
(17,534)
1,540
1,337
1,575
28
(23)
286		 Incoming
resources
(including
other
gains/losses
)
£
7,607
7,607
-
1,060
4,159
31,000
3,085
-
-
-
-
-
-
100
34,133
34,133
210,000
(1,078)
(40)
3,500
3,500
(91)
323,461
52,754
42,755
-
736
800
-
-
-
-		 Resources
expended
£
(1,096)
(1,096)
(219)
-
(1,145)
(25,701)
(921)
-
-
-
-
-
-
80
-
-
-
-
-
(1,520)
(1,095)
-
(30,521)
(78,761)
(16,186)
(396)
(308)
-
-
-
(91)
-		 At 31
December
2020
£
240,694
240,694
118,181
10,964
8,216
15,299
4,490
638
3,780
656
3,298
44
404
300
34,133
34,133
210,000
(1,078)
(40)
1,980
2,405
(91)
447,712
40,283
50,252
(17,930)
1,968
2,137
1,575
28
(114)
286

Page 16

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Notes to the Accounts

es to the Accounts
Music
Tots, teas & toast
Heat
Total
Revaluation Reserves:
Total funds		 (1,170)
154
(1,496)
8,380
463,625		 -
151
-
44,442
428,265		 -
-
-
(16,982)
(127,360)		 (1,170)
305
(1,496)
35,841
764,530

Purposes and restrictions in relation to the funds:

Endowment funds:

Wilmore property Income is generated by the letting out of a flat. Expenditure is linked to the maintenance of the flat. In addition profit from this fund can be used to support children, young people and families in Corfe Mullen in line with the aims of the Wilmore Fund.

Restricted funds: Wilmore Fund To advance education of young people and their families, to provide community facilities for recreational, creative and other leisure activities with a view to improving living conditions of life and well-being and to advance the Christian faith. Friends of St Huberts Fund to maintain the building of St Huberts. Income generated by annual subscriptions and events organized by Friends. Weddings & Funerals Contributions made towards the costs of weddings and funerals. Jubilee Refurbishment Contributions made towards the costs of weddings and funerals. Foodbank Donations and grants towards foodbank expenses, being part of the PCC outreach mission. Memory loss hub Donations and costs associated with the outreach mission of the Church Miscellaneous & memorials Donations received towards costs of memorials at St Hubert's Church Youth music Grant received towards youth band equipment Youth worker Donations towards the employment of a youth worker. Junior puppets Donations received for a children's group Coffee morning Grants received towards equipment used in the coffee shop. Pastoral fund Monies in this fund can be used at the discretion of the rector to aid families and individuals in crisis. AP - St Huberts Legacy fund to be spent on the upkeep or projects related to St Huberts. AP - St Nicholas Legacy fund to be spent on the upkeep or projects related to St Nicholas. PW Legacy fund to be used to support the work of the Churches and maintaining the buildings and grounds. Routes for roots Agency collection - monies held on behalf of other charity. Samaritan's purse Agency collection - monies held on behalf of other charity. Mary Gardener - St Huberts Legacy fund to be spent on the maintenance of St Hubert and grounds. Mary Gardener - St Nicholas Legacy fund to upgrade the facilities at St Nicholas. Bible society Agency collection - monies held on behalf of other charity. Designated funds:

Page 17

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Notes to the Accounts

es to the Accounts
St Nicholas Income generated by the letting out of rooms in the centre. Expenditure is
linked to the day to day running and maintenance of the centre.
St Huberts Income generated by letting out St Hubert’s building and grounds.
Expenditure is connected to the running and maintenance of the building.
Coffee shop Fund to cover the costs of running the coffee shop and Church meals.
Income is generated from the sale of drinks and snacks at coffee shop.
Saltmine Saltmine is a touring theatrical group that perform shows for the PCC
during festive periods. Income is generated from grants and sale of tickets.
Share accrual Contributions made to the Diocese of Salisbury.
Baptism & bibles Donations received for bible costs, which are then presented to individuals
at baptism
Catering Fundraising costs incurred for external catering functions
Functions Fundraising costs associated with church run events
Music Cost associated with Church music
Tots, teas & toast Church run toddler group with a yearly budget from PCC but also
generates income from donations to cover expenses.
Heat Costs of utility bills

20 Analysis of net assets between funds

Fixed assets
Investments
Net current assets
21 Reconciliation of net debt
Cash and cash equivalents
Net debt		 Unrestricted
funds
£
2,364		 Restricted
funds
£
-		 Total
£
2,364
- 230,000 230,000
532,166
534,530
At 1 January
2020
£		 -
230,000
Cash flows
£		 532,166
764,530
At 31
December
2020
£
228,433 305,997 534,430
228,433
228,433		 305,997
305,997		 534,430
534,430

Page 18

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Statement of Cash flows for the year ended 31 December 2020

Cash flows from operating activities
Net income per Statement of Financial Activities
Adjustments for:
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
Other gains/losses
Decrease/(Increase) in trade and other receivables
(Decrease)/Increase in trade and other payables
Net cash provided by operating activities
Cash flows from investing activities
Payments for property, plant and equipment
Dividends, interest and rents from investments
Net cash from investing activities
Net cash from financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year		 2020
£
300,905
357
(9,753)
-
7,378
(922)
297,965
(1,721)
9,753
8,032
-
305,997
228,433
534,430		 2019
£
272,332
-
(10,298)
-
(7,907)
3,715
27,842
-
10,298
10,298
230,000
268,140
-
268,140
Components of cash and cash equivalents
Cash and bank balances 534,430 228,433
534,430 228,433

Page 19

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Detailed Statement of Financial Activities

for the year ended 31 December 2020

Income and endowments from:
Donations and legacies
Donations from individuals
Legacies
Grants from other charities
Gifts in kind
Charitable activities
Functions
Weddings and funerals
Coffee shop
Other activities
Other trading activities
Room hire
Investments
Interest receivable on bank
deposits
Rental income
Other
Fees and supplies
Coronavirus Job Retention
Scheme
Total income and endowments
Expenditure on:
Costs of other trading activities
Room hire
Investment management costs
Rental income
Total of expenditure on raising
funds
Charitable activities
Functions
Weddings and funerals		 Unrestricted
funds
2020
£
47,342
1,000
9,234
-
57,577
-
-
721
15
736
35,474
35,474
77
-
77
-
3,333
3,333
97,197
5,631
5,631
-
-
5,631
92
446		 Restricted
funds
2020
£
4,154
285,267
31,000
-
320,420
-
4,159
-
(1,118)
3,041
-
-
-
-
-
-
-
-
323,461
-
-
-
-
-
-
1,145		 Endowment
funds
2020
£
-
-
-
-
-
-
-
-
(19)
(19)
1,283
1,283
-
6,343
6,343
-
-
-
7,607
-
-
681
681
681
74
-		 Total funds
2020
£
51,496
286,267
40,234
-
377,997
-
4,159
721
(1,122)
3,758
36,757
36,757
77
6,343
6,420
-
3,333
3,333
428,265
5,631
5,631
681
681
6,312
166
1,591		 Total funds
2019
£
52,678
10,000
35,989
230,000
328,667
3,211
4,537
2,562
-
10,310
53,849
53,849
119
7,011
7,130
3,168
-
3,168
403,124
2,405
2,405
1,188
1,188
3,593
-
2,799

Page 20

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Detailed Statement of Financial Activities

Coffee shop
Other activities
Grants made
Total of expenditure on charitable
activities
Employee costs
Salaries/wages
Employer's NIC
Travel and subsistence
Premises costs
Light, heat and power
Premises cleaning
General administrative costs,
including depreciation and
amortisation
Depreciation of Equipment,
fixtures & fittings
General insurances
Software, IT support and related
costs
Stationery and printing
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net income
Net income before other
gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward		 308
14,515
48,000
63,361
63,361
10,516
170
10,686
-
-
6,869
146
7,015
357
4,470
1,103
578
394
828
7,730
1,320
1,320
26,751
95,743
-
1,454
1,454
-
1,454
74,670		 -
29,376
-
30,521
30,521
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
30,521
-
292,940
292,940
-
292,940
154,772		 -
341
-
415
415
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,096
-
6,511
6,511
-
6,511
234,183		 308
44,232
48,000
94,297
94,297
10,516
170
10,686
-
-
6,869
146
7,015
357
4,470
1,103
578
394
828
7,730
1,320
1,320
26,751
127,360
-
300,905
300,905
-
300,905
463,625		 (6)
43,128
49,000
94,921
94,921
12,693
-
12,693
140
140
9,049
1,811
10,860
-
4,759
-
-
2,103
1,073
7,935
660
660
32,288
130,802
-
272,322
272,322
10
272,332
191,293

Page 21

The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen Detailed Statement of Financial Activities

Total funds carried forward

76,124 447,712 240,694

764,530

463,625

Page 22