2020-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Fulham, St Andrew Fulham Fields, London.

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				Page
Trustees' Report			I	to	9
Independent Examiner's Report
Statement ofFinancial	Activities			12
Balance Sheet				13
Notes to the Financial	Statements		14	to	22
Detailed Statement of	Financial	Activities	23	to	24

Rules. PCC members are:	who hav	e served at	any t	ime from	1st Janu	ary 2020 until the date this	report w
ExOfficio Members
Incumbent:		Reverend	Lesley Bilinda		(Chairperson)
Associate Priest:		Reverend	Anne	Cowley
Churchwarden;		Trevor Dawson		(Vice-Chairperson) (re-elected 25th October			2020)
Churchwarden:		Nigel Heeler (elected 25th October 2020)
Anthony Scott		(Representative		on Deanery Synod, re-elected 25th October			2020)
Noble Stella Boyce		(Representative		on Deanery Synod until 25th October 2020)
Christoph von Luttitz		(Representative		on Deanery Synod, re-elected 25th October			2020)
Jacob Holme		(Representative		on Deanery Synod elected 25th October 2020
Elected Members
Jody Lucatello		(Secretary,	re-appointed		2020)
David Wilde		(Fabric Officer,		re-elected 25th October 2020)
Verna Ridge		(Safeguarding Officer, re-elected				25th October 2020)
Dionne McLean
Mare Maitland		(until 25th	October 2020)
Joan Fitt		(re-elected	25th	October	2020)
Chris Hunt
Pam Taylor
Mary Marsh
Barbara Utting
Verity Sherwin
Alice Ballah-Conteh		(elected 25th October 2020)
Observers
Gordon Tait		(Treasurer,	re-appointed		2020)
Penny McCarthy (		Parish Administrator, EROfficer,				GPDR Officer)
REFERENCE AND	ADMIiilISTRATIVE DETAILS
Banker
HSBC Plc
593-599Fulham Road
London
SW65UA
Independent Examiner
Gareth Given Hughes	BScACA
Institute ofChartered	Accountants in England and Wales
Garside and Co. Limited
Suite 631,Linen Hall
162-16g Regent Street
London
W1B 5TG
EVENTS SliNCE THE END		OF THE YEAR
Information relating to cvcnts		since the end ofthe year is given in thc notes to thc fmancial					statements.

Statement ofFinanci for the Year Ended	al 31	Activities December 2020
						31.12.20	31.12.19
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes
INCOME AND ENDOWMENTS FROM
Voluntary Income				52,568	7,286	59,854	79,871
Charitable activities
Church activities				11,858	47,761	59,619	136,668
Activities for Generating		Funds		78,976	5,657	84,633	130,610
Investment income					1,955	1,955	1,898
Total				143,402	62,659	206,061	349,047
EXPENDITURE ON
Raising funds
Raising funds							3,259
							3,259
Charitable activities
Church activities				190,367	22,243	212,610	245,799
Governance costs				4,476		4,476	4,628
Total				194,843	22,243	217,086	253,686
Net gains on investments				4,490		4,490	10,289
NET INCOME/(EXPENDITURE)				(46,951)	40,416	(6,535)	105,650
Transfers between	funds		16	(550)	550
Net moventent in funds				(47,501)	40,966	(6,535)	105,650
RECONCILIATION		OF FUNDS
Total funds brought	forward			143,302	54,796	198,098	92,448
TOTAL FUNDS CARRIED FORWARD				95,801	95,762	191,563	198,098

				31.12.20	31.12.19
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	8
FIXEDASSETS
Tangible assets	12	9,927		9,927	14,182
Investments	13	41,780	28,009	69,789	65,299
		51,707	28,009	79,716	79,481
CURRENT ASSETS
Debtors	14	8,068	11,239	19,307	25,964
Cash at bank		42,493	59,539	102,032	116,383
		50,561	70,778	121,339	142,347
CREDITORS
Amounts falling due within one year	15	(6,467)	(3025)	(9,492)	(23,730)
NET CURRENT ASSETS		44,094	67,753	111,847	118,617
TOTAL ASSETSLESSCURRENT LIABILITIES		95,801	95,762	191,563	198,098
NET ASSETS		95,801	95,762	191,563	198,098
FUNDS	16
Unrestricted funds				95,801	143,302
Restricted funds				95,762	54,796
TOTAL FUNDS				191,563	198,098

VOLUNTARY INCOME	VOLUNTARY INCOME	VOLUNTARY INCOME
						31.12.20	31.12.19
Sunday collections						4,987	14,104
Standing order donations						10,117	12,306
Gift aid recoverable						6,903	19,983
Legacies and donations						27,454	22,286
Other income						10,393	11,192
						59,854	79,871
ACTIVITIES FOR GENERATING					FUNDS
						31.12.20	31.12.19
Regular weekly activities						10,880	8,303
Fairs &Occasional		activities				1,051	4,876
Mobile phone mast						24,112	14,300
Hall hires						11,196	45,253
Rent "Into University"						31,737	32,473
Other income							25,405
Window Project Income						5,657
						84,633	130,610
INVESTMENT INCOME
						31.12.20	31.12.19
Music Fund						1,955	1,898
INCOME FROM		CHURCH		ACTIVITIES
						31.12.20	31.12.19
				Activity
Wedding, Banns,	Funeral		fees	Church activities		3,820	4,820
Cafe refreshment	income			Church activities		284	1,457
W14 Youth Club				Church activities		32,004	23,900
Grants received				Church activities		15,864	82,314
Other income				Church activities			119
Health & Well being				Church activities		6,435	21,578
Gigs in Kind				Clutrch activities			2,480
Church trips				Church activities		1,212
						59,619	136,668
Grants received, included			in the	above,	are as follows:
						31.12.20	31.12.19
Grants —other						2,400	78,311
Grants - charitable		givings				155	2,026
Grants - homeless	project					13,309	1,977
						15,864	82,314

6.	RAISING FUNDS
			31.12.20	31.12.19
	Direct costs ofchurch activities			209
	Parish office expenses			300
	Community projects			2,750
				3,259
7.	CHARITABLE ACTIVITIES COSTS
		Direct	Support
		Costs (see	costs (see
		note 8)	note 9)	Totals
	Church activities	212,610		212,610
	Governance costs		4,476	4,476
		212,610	4,476	217,086
8.	DIRECT COSTS OF CHARITABLE ACTIVITIES
			31.12.20	31.12.19
	Staffcosts		59,648	47,390
	Common Fund		73,109	69,932
	Church Management		2,371	3,584
	Minor building repairs		13,668	7,669
	Insurance		7,435	6,644
	Direct cost ofchurch activities		18,201	38,213
	Homeless project costs		5,075	7,015
	Parish office expenses		2,270	2,854
	Charitable giving		155	2,319
	Community projects		1,397	7,323
	Other Grants		2,400	23,850
	Health and ivellbeing		10,536	13,590
	Cleaning Services		9,662	11,162
	Music Fund		2,428
	Depreciation on Fkf		4,255	4,254
			212,610	245,799

SUPPORT	COSTS
			Governance
			costs
Governance	costs		4,476
			Governance
			costs
Bookkeeping	Services		1,976
Independent	Examiner's	fees	2,500
			4,476

STAFF COSTS
				31.12.20	31.12.19
Wages and salaries				48,006	44,537
Social security costs				9,425	950
Other pension costs				2,217	1,903
				59,648	47,390
The average monthly	number ofemployees	during	the year was as follows:
				31.12.20	31.12.19
Staff —church activities				3	2

					Fixtures
					and
					fittings
	COST
	At I January 2020 and 31 December 2020				42,534
	DEPRECIATION
	At I January 2020				28,352
	Charge for year				4,255
	At 31 December	2020			32,607
	NET BOOK VALUE
	At 31 December	2020			9,927
	At 31December	2019			14,182
13.	FIXEDASSET	INVESTIVIENTS
					Listed
					investments
	MARKET VALUE
	At I January 2020				65,299
	Revaluations				4,490
	At 31 December	2020			69,789
	NET BOOK VALUE
	At 31December	2020			69,789
	At 31December	2019			65,299
	There ivere no investment		assets outside the UK.
	Investment fixed assets
	Movements in the year:			31.12.20
	Market Value at	1st January 2020		65,299
	Purchase during	the year at cost
	Revaluation			4490
	Market Value at	31st December 2020		k69 789

				31.12.20	31.12.19
Mobile Phone Mast				1,174
EW/A W/Healthy	Eating			2,572
Other consumable				110
Gift aid recoverable				2,515	14,551
Receivable from	"Into
University"				732	2,380
Employer allowance		receivable			5,500
W14 Youth &Community			Project	9,500
Hall Hire				2,003	3,373
Funerals				626	160
Homeless				75
				19,307	25,964
CREDITORS:	AMOUNTS FALLING DUE WITHIN ONE YEAR
				31.12.20	31.12.19
Trade creditors				6,056	5,380
Payroll creditors				936	936
W14 Youth &Comntunity			Project		7,000
Homeless Project					2,833
Regular Weekly	Activities				225
Accrued expenses				2,500	7,356
				9,492	23,730
MOVEMENT	IN	FUNDS

MOVEMENT IN FUNDS
		Net	Transfers
		movellleflt	between	At
	At 1.1.20	in funds	funds	31.12.20
Unrestricted fitnds
General fund	143,302	(46,951)	(550)	95,801
Restricted funds
Restricted fund	54,796	40,416	550	95,762
TOTAL FUNDS	198,098	(6,535)		191,563

Net movement in funds, included	Net movement in funds, included	Net movement in funds, included	in the above	are as	follows:
					Incoming	Resources	Gains and	Movement
					resources	expended	losses	in funds
Unrestricted funds
General fund					143,402	(194,843)	4,490	(46,951)
Restricted funds
Restricted fund					62,659	(22,243)		40,416
TOTAL FUNDS					206,061	(217,086)	4,490	(6*535)
Comparatives for movement		in	funds
						Net	Transfers
						movement	between	At
					At 1.1.19	in funds	funds	31.12.19
Unrestricted funds
General fund					71,335	81,041	(9,074)	143,302
Re st ric ted fund s
Restricted fund					21,113	24,609	9,074	54,796
TOTAL FUNDS					92,448	105,650		198,098
Comparative net movement	in	funds, included		in the above are as follows:
					Incoming	Resources	Gains and	Movement
					resources	expended	losses	in funds
Unrestricted funds
General fund					283,719	(207,729)	5,051	81,041
Restricted funds
Restricted fund					65,328	(45,957)	5,238	24,609
TOTAL FUNDS					349,047	(253,686)	10,289	105,650

		Net	Transfers
		moventent	between	At
	At 1.1.19	lll ftlllrls	funds	31.12.20
Unrestricted funds
General fund	71,335	34,090	(9,624)	95,801
Restricted funds
Restricted fund	21,113	65,025	9,624	95,762
TOTAL FUNDS	92,448	99,115		191,563

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
Unrestricted funds
General fund	427,121	(402,572)	9,541	34,090
Restricted funds
Restricted fund	127,987	(68,200)	5,238	65,025
TOTAL FUNDS	555,108	(470,772)	14,779	99,115

for the Year Ended 31December	for the Year Ended 31December
		31.12.20	31.12.19
INCOME AND ENDOWMENTS
Voluntary Income
Sunday collections		4,987	14,104
Standing order donations		10,117	12,306
Gift aid recoverable		6,903	19,983
Legacies and donations		27,454	22,286
Other income		10,393	11,192
		59,854	79,871
Activities for Generating	Funds
Regular weekly activities		10,880	8,303
Fairs &Occasional activities		1,051	4,876
Mobile phone mast		24,112	14,300
Hall hires		11,196	45,253
Rent "Into University"		31,737	32,473
Other income			25,405
Window Project Income		5,657
		84,633	130,610
Investntent income
Music Fund		1,955	1,898
Charitable activities
Wedding, Banns, Funeral	fees	3,820	4,820
Cafe refreshment income		284	1,457
BV14Youth Club		32,004	23,900
Grants received		15,864	82,314
Other income			119
Health &.Wellbeing		6,435	21,578
Gifts in Kind			2,480
Church trips		1,212
		59,619	136,668
Total incont ing resources		206,061	349,047
EXPENDITURE
Raising funds
Direct costs ofchurch activities			209
Parish office expenses			300
Cotnmunity projects			2,750
			3,259
Charitable activities
IVages		48,006	44,537
Carried forward		48,006	44,537

Detailed Statement ofFinancial Activities	Detailed Statement ofFinancial Activities	Detailed Statement ofFinancial Activities
for the Year Ended 31December 2020
			31.12.20	31.12.19
Charitable activities
Brought forward			48,006	44,537
Social security			9,425	950
Pensions			2,217	1,903
Common Fund			73,109	69,932
Church Management			2,371	3,584
Minor building repairs			13,668	7,669
Insurance			7,435	6,644
Direct cost ofchurch activities			18,201	38,213
Homeless project costs			5,075	7,015
Parish office expenses			2,270	2,854
Charitable giving			155	2,319
Community projects			1,397	7,323
Other Grants			2,400	23,850
Health and wellbeing			10,536	13,590
Cleaning Services			9,662	11,162
Music Fund			2,428
Depreciation on F&F			4,255	4,254
			212,610	245,799
Support costs
Governance costs
Bookkeeping services			1,976	2,128
Independent examiner's		fee	2,500	2,500
			4,476	4,628
Total resources expended			217,086	253,686
Net (expenditure)/income		before gains and losses	(11,025)	95,361
Realised recognised	gains and losses
Realised gains/(losses)	on	fixed asset investnients	4,490	10,289
Net (expenditure)/inconte			(6,535)	105,650