2020-12-31-accounts

Independent	examiner's	examiner's	report	VII
Statement of	financial	activities		VIII
Balance sheet				IX
Notes to the accounts				X-XVII

			UNRESTRICTED	DESIGNATED	RESTRICTED	TOTAL	TOTAL
			PONDS	PONDS	FUNDS	2020	2029
					E		F.
INCOME AND ENDOWMENTS
FROM:
Donations and legacies		2(a)	90,485			90,485	115,324
Charitable activities		2(d)	4,167			4,167	27,076
Income from investments		2(c)	3,043		1,734	4,777	15,779
TOTAL INCOME			97,695		1,734	99,429	158,179
EXPENDITURE ON:
Provision of ministry	and mission	5(a)	36,218		1,734	37,952	126,414
Fund raising costs							4,123
Parish hall running	expenses	5(b)	16,762			16,762	27,406
TOTAL EXPENDITURE			52,980		1,734	54,714	157,943
NET INCOME/EXPENDITURE			44,715			44,715	236
Gains (Losses) on investment
assets
On revaluation		6(I3)	(45,365)		3,037	(42,328)	35,584
Transfers between	funds
NET MOVEMENT	IN FUNDS		(650)		3,037	2,387	35,820
BALANCES 8/FWD	1jANUARy		85,556	240,000	84,118	409,674	373,854
BALANCES C/FWD	31DECEMBER		84,906	240,000	87,155	412,061	409,674

	NOTES		2020		2019
Fixed Assets
Tangible fixed assets			72,410
Investments			62,250		359,527
Current Assets
Stocks		66		133
Sundry debtors and prepayments		3,127		27,889
Cash at bank and in hand		277,571		22,125
		280,764		50,147
Current Liabilities
Creditors		(3,363)
Net Current Assets			277,401		50,147
Total Net Assets			412,061		409,674
The Funds ofthe Charity
Restricted funds			87,155		85,556
Unrestricted funds:
Designated funds	12		240,000		240,000
Other charitable funds	12		84,906		8'l,118
Total Charity Funds			409,674		409,674

2.	INCOMING RESOURCES	INCOMING RESOURCES	INCOMING RESOURCES		UNNEETNICIED FUNDS	NESTEICTED	TOTAL 2020	TOTAL 2029
							6
2(a)	Donations and legacies
	Planned giving
	Gift Aid				53,172		53,172	66,668
	Tax receivable				14,413		14,413	16,667
	Other giving
	Collections							430
	Baptisms, weddings		and funerals		2,596		2,596	7,160
	Donations				15,296		15,296	6,974
	Functions and fund		raising					2,196
	Floodlighting				2,369		2,369	1,657
	Magazine income				2,316		2,316	4,717
	Parish Council grant
	VAT refund
	Insurance claim							8,200
	Other income				323		323	655
					90485		90485	115324
2(c)	Income from Investments
	Rental income							5,560
	Interest and dividends		receivable		3 043	1734	4777	10219
					3043	1734	4777	15779
2(d)	Income from charitable			activities
	Income generated	by	parish	hall	4 167		4167	27 076

					UNRESTRICTED	RESTRICTED	TOTAL	TOTAL
					FUNDS		2020	2029
					E	6		E
5.	RESOURCES EXPENDED
5(a)	Provision ofministry			and mission
	Mission giving				175		175	2,204
	Diocesan Parish Share							62,311
	Clergy expenses				1,806		1,806	13,767
	Music costs				5,947	1,734	7,681	15,000
	Parish office				6,744		6,744	4,396
	Church expenses				2,895		2,895	4,935
	Bank charges				619		619	994
	Parish magazine		costs		2,225		2,225	5,340
	Church Running		Expenses
	Electricity				578		578	1,462
	Heating oil				3,079		3,079	4,200
	Insurance				2,664		2,664	2,645
	Church Maintenance
	Parish church				8,619		8,619	4,507
	Other expenses				867		867	653
	Wdte-off loan	to	diocese					4,000
					36218	1734	37952	126414
S(b)	Parish hall	running		expenses
	Bad debt				4,784		4,784	15,584
	Wages				9,840		9,840	15,584
	Electricity				445		445	3,699
	Gas				516		516	1,253
	Water				453		453	991
	Insurance				246		246	2,498
	Maintenance	and grounds			478		478	1,644
	Other expenses							1737
					16762		16762	27406

6.	FIXEDASSETSFOR USE BYTHE PCC
6.(a)	Tangible Fixed Assets								2020	2019
	St.Martine and Parish Hall		Redevelopment
	Cost ofadditions								410
6.(b)	Investments
						COST	MARKET	ADDITIONS	INCREASE/	MARKET
							VALUE	/	DECREASE	VALUE
							2020	DISPOSALS	IN VALUE	2020
						E			6		E
	Unrestricted held by the	PCC
	l4 0G Charibond 276 units					1,000	343				347
	Brown Shlpley				220,00		300318	300318
							300661	300318			347
	Restricted investment funds
	St CCLA Church of England	CBF			36,200		58866		3037	61	903
							58866		3037	61903
	Total Market Values						359527	300318	3041	62250
6.(c)	Unrealised Gains/(Losses)		in Investments		and Fixed Assets
	This relates to the revaluation		of investments		held	by or on behalf ofthe PCC,			on an annual	basis and	is
	represented by the difference		between the opening			and closing market values.
									2020	2019
	Unrealised gains/(losses)		ln unrestricted		investments				3,041	25,946
	Unrealised gain/(losses)		in restricted	investments					45 369	9450
	Total unrealised gains/(losses)			in the year					42 328	35396
7.	CASH AT BANK AND IN HAND
							2020	2019
									E
	Restricted
	Designated						240,000
	Unrestricted general funds						37572	22 125
							277,572	22,125

			2020	2019
				6
Income	Tax re: Gift	Aid	2,481	3,601
Hall lettings				4,784
Sundry	debtor			3,722
Prepaid	development	costs		15,782
			3 127	27889

		2020f	2019 E
Amounts falling due inside one year
PAVE liability
Receipts	in advance	732
Accrued	expenditure	2 631
		3 363

			UNRESTRICTED	DESIGNATED	RESTRICTED	TOTAL
			FUNDS	FUNDS	FUNDS	20IS
			E		6
INCOME AND ENDOWMENTS
FROM:
Donations and legacies		2(a)	114,124		1~200	115g324
Charitable activities		2(d)	27,076			27,076
Income from investments		2(c)	14,134		1,645	15,779
TOTAL INCOME			155,334		2,845	158,179
EXPENDITURE ON:
Provision of ministry	and mission	5(a)	119,719		6,695	126,414
Fund raising costs			4,123			4,123
Parish hall running	expenses	5(b)	27,406			27,406
TOTAL EXPENDITURE			151,248		6~695	157~9l3
NET INCOME/EXPENDITURE			4,086		(3,850)	236
Gains (Losses) on investment
assets
On revaluation			25,943		9,641	35,584
Transfers between	funds
NET MOVEMENT	IN FUNDS		30,029		5,791	35,820
BALANCES 8/FWD	13ANUARY		55,527	240,000	78,327	373,854
BALANCES C/FWD	31DECEI4BER		85g556	240~000	84 118	409g674

Funds			Balance at	Movement in	Movement in	funds	Balance at
			13anuary 2020	Income	Expenditure	Revaluation	31December 2020
Restdicted —Organ appeal			14,411				14,411
Restricted —Choir fund			68,474	1,734	(1,734)	3,037	71,511
Restdicted —Walkers and	talkers		33				33
Restricted —Exterior lighting			1,200				1,200
Designated —Mission	and	worship
fund			240,000				2'l0,000
Unrestdicted Fund			85556	97695	52,980	45 365	84906
Total Funds			409674	99429	54714	42328	412061

			Unrestricted	Restricted	Endowment	Total
Tangible fixed assets			72,410			72,410
Investments				62,250		62,250
Current Assets			255,860	24,905		280,765
Creditors:	amounts	falling	(3,363)			(3,363)
due within	one year
			324907	87 155		412 062