|||||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|
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|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.|
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|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|
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##
|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|2020|||
|---|---|---|---|---|
||||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|