## **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;
- Mission and outreach work.
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:
- the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- the accounts do not accord with those records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
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**
- 1 **Accounting policies**
## **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**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
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**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **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