# 

# 

## 

## 

## 

## 

||||Page|
|---|---|---|---|
|Annualreport|||2to9|
|Report ofthe independent||examiner|10|
|Statement offinancial|activities|||
|Statement offinancial|position||12|
|Notes to the accounts|||13to 20|



|Independent|exomtner:||
|---|---|---|
||Charles S Human||
||UHY Hacker|Young (S.E.) Limited|
||Chartered<br>Accountants||
||168Church|Road|
||Hove||
||BN3 2DL||





## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 



## 

## 

## 



## 

## 

## 



## 

## 

## 

## 




## 

## 

## 

|||||2020|2019|
|---|---|---|---|---|---|
|Church|running|expenses||47,628|49,669|
|Church|maintenance||and repairs|275,550|104,716|
|Staff costs||||48,267|48,274|
|Diocesan parish||share||75,000|69,527|
|Other|costs|||36,733|38,544|
|Tota I||||483,118|310,729|





## 

## 

## 

|The main as|sets were as follows:|||
|---|---|---|---|
|||2020|2019|
|Properties||700,000|440,000|
|Investments||550,000|550,000|
|Current<br>Net|Assets/Liabilities|271,058|417,574|
|Total||1,521,058|1,407,574|





## 

## 

## 




## 

## 

## 




## 

## 

|Forthe year ende|d 31|December 2|020||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||Unresirlcted|Restricted||Endowed||Total Funds|Toial Funrls||
||||Fund|~Fund|s|F~und|s|2020|2029|Notes|
|Income and endowments||from:|||||||||
|Donations<br>and legacies|||68,677|||||68,677|727,989||
|Charitable<br>activities|||723|||||723|||
|Other trading<br>activities|||7,700|||||7,700|24,034||
|Investments|||59,124|||||59,124|60,103||
|Grants||||115,507||||115,507|38,986||
|Other receipts|||34,380|||||34,380|41,3i7||
|Total Income|||170,604|115,507||||286,111|295,462|2|
|Expenditure<br>on:|||||||||||
|Raising funds|||5,913|||||5,913|5,763||
|Charaable<br>activities|||361,758|115,507||||477,265|305,566||
|Total expenditure|||367,671|115,507||||483,178|310,729|3|
|Net gains lor losses)|on investments||261,163|||||161,161|25,220||
|Net income or (net expenditure)||||||||64,094|9,953||
|Transfers between|funds||||||||||
||||64,096||||||9,953||
|Reconciliation offunds'.|||||||||||
|Net movement<br>In|funds||BB,OSS|||||64,096|9,953||
|Total funds brought|forward||1,397,574|6,COO||||1,403,574|1393,621||
|Total funds carried|forward||1,461,670|6,000||||1,467,670|1,403,574||





## 

|As at 32Oeeemb||er 2020||||
|---|---|---|---|---|---|
||||Total Funds|Total Funds||
|||||2rLfg|Notes|
|Tangible assets|||700,000|440,000||
|Investments|||550,000|550,000||
|Total fixed anets|||1,250,000|990,000|8|
|Debtors|||21,859|40,030||
|Invastmants|||233,530|232,366||
|Cash at bank and in||hand|34,521|202,914|14|
|Total current assets|||289,910|475,310||
|Creditors: Amounts||faglng due within one year|(18,852)|(57,736)|11|
|Nat current assets|orf8 abgi ties)||271,058|417,574||
|Total assets less current<br>Babglties|||1,521,058|1,407,574||
|Creditorn<br>Amounts||falling due after more. than one year|)53,388)|(4,000)|12|
|Total net assets or||lgabllltles)|1,467,870|1,403,574||
|The funds ofthe charltyr'||||||
|Restncted Income|funds||6,000|6,000||
|Unrestricted<br>funds|||1,461,670|1,397,574||
|Total unrestricted|funds||1,461,670|1,397,574||
|Total charity funds|||1,467,670|1,403,574||






## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

|2<br>Analysis ofincome and e|ndowments||||||||
|---|---|---|---|---|---|---|---|---|
|||Unrestricted|Restrkted|Endowed||TotalFunds|roral Funds||
|||~FUn|~Fnd s|~fund|s|2020|~21|Notes|
|||f||||E|||
|Planned<br>giving (excl. tax refunds)||33,823||||33p823|34,491||
|Loose cash collections||23,856||||23,856|31,939||
|Other donations||342||||342|2,534||
|Gift Aid recoverable||10,656||||10,656|8,207||
|Legacies|||||||50,817||
|Donations<br>and legacies||f68,677||||f68,677|f127,989||
|Fees for weddings<br>& funerals||723||||723|3,033||
|Charitable<br>activities||f723||||E723|f3,033||
|Tickets for Parish events||480||||480|2,010||
|Church centre hiring fees||7,220||||7,220|22,024||
|Fairtrade stall|||||||||
|Other trading activities||E7,700||||f7,700|f24,034||
|Bank &CBFdeposit Interest|||||||1,321||
|CBFInvestment<br>fund dividend||8,149||||8,149|4,930||
|Other Investment<br>fund dividend|||||||3,009||
|Rent from letting of investment|property|50,975||||50,975|50,844||
|Investments||E59,124||||E59,124|E60,103||
|Grants|||115,507|||115,507|38,986||
|Other receipts||34,380||||34,380|41,317||
|Total income and endowments|on all funds|E170,604|E115,507|||f286,111|f295,462||





## 

## 

|3<br>Anal<br>sls ofex endl|ture<br>on:|||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowed|Total Funds|Total Funds||
||||~Fs|~Fun|2020|2QL9|Notes|
|||||||f||
|Investment<br>management|costs|5,913|||5,913|5,163||
|Cost of raising funds||E5,913|||E5p913|f5,163||
|Missionary<br>and charitable|giving|2,970|||2,970|3,330|4|
|Ministry.||||||||
|diocesan porish share||75,000|||75,000|69,527||
|other clergy costs||1,835|||1,835|11,036||
|Staff||48,267|||48,267|46,274|5|
|Upkeep ofservices||16,526|||16,526|14,699||
|Church<br>running||47,628|||47,628|49,669||
|Youth g social gathering|costs|1,437|||1,437|2,443||
|Church maintenance<br>and|repair|160,043|115,507||275,550|104,716||
|Governance||8,052|||8,052|1,672|6|
|Cost of charitable<br>activities||E361,758|E115,507||E477,265|f305,566||
|Other trading activities||||||||
|Cost ofother trading activities||||||||
|Total expended<br>on all funds||E361,671|E115,507||E483,178|f310,729||





## 

## 

|4|Mlssiona~and<br>charitable<br>lvln|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted||Endowed||Total Funds|Totolsvnds||
|||fund|~snd|s|~sued|s|2020|7919|Notes|
|||||||||E||
||Seculor charities|||||||167||
||Caritas and Night Shelter|2,970|||||2r970|3,163||
|||E2,970|||||E2,970|E3,330||
|5|Staff costs|||||||||
|||Unrestricted<br>Fund|Restricted<br>~Fund|s|Endowed<br>Total Funds<br>Laudss2020|||Totol Funds<br>2029|Nates|
|a|Remuneration|||||||||
||Wages and salaries|41,267|||||41,267|39,984||
||Pastoral ossistonts|7,000|||||7,000|8,290||
|||E48,267|||||E48,267|E48,274||




|6|Governance|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowed||Total Funds|Torol Funds|
|||||Funds|~Fund s|~Fund|s|2020|2019 Notes|
|||||E||||E||
||Professional|fees||6,732||||6,732||
||Independent|examination||1,320||||1,320|1,320|
||Accounts production|||||||||
||Bookkeeping||||||||552|
|||||E8,052||||E8,052|E1,872|
|||||Unrestricted|Restricted|Endawed||Total Funds|Tote/Funds|
|||||||||2020|2012 Notes|
|7|Analysis of|transfers between|funds|||||||
||Fund transfer|movements||||||||





## 

|8|Fixed Assets|||||||
|---|---|---|---|---|---|---|---|
|a|Investments|||||||
|||unrestricted|Restricted|tndowed||Total Funds||
|||E000||Found|s|2020|Notes|
|||E||||f||
||Market value 1January 2020|550,000||||550,000||
||Dlsposals at carrying value|||||||
||Purchases at cost|||||||
||Transfers|||||||
||Reclassification<br>as current asset|||||||
||Net gains and revaluation|||||||
||Market<br>value 31December 2020|f550,000||||6550,000||



## 

|Tan<br>Ible fixed assets|||||
|---|---|---|---|---|
||Freehold|land|Total fixed||
||and buildings||assets|Nates|
|Cost or valuation|||||
|At 1January 2020|440,000||440,000||
|Additions|||||
|Disposals|||||
|Revaluation|260,00D||260,000||
|At 31December 2020|700,000||700,000||
|Charge for Impairment|||||
|At 1January 2020|||||
|Additions|||||
|Disposals|||||
|Revaluation|||||
|At 31December 2020|||||
|Net book amounts|||||
|At 31December 2020|6700I000||6700I000||
|At 32 December 2029|F440,000||f440,000||





## 

## 

|Anal s|isof|netassetsb|yfund|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestrkted|Restricted|Endowed|Total Funds|Total Funds||
|||||~su<br>s|~Fn||29LP.|2(L12|Notes|
|||||f|||f|||
|Fixed assets||for church|use|700,000|||700,000|44o,ooo||
|Investment||fixed assets||550,000|||550,000|550,000||
|Current|assets(except||cash)|249,389|6,000||255,389|272,396||
|Cash at|bank and on deposit|||34,521|||34,521|202,914||
|Current|liabilities|||(1&,852)|||(18,852)|(57,736)||
|Non-current||liabilities||(53,38&)|||(53,388)|(4,000)||
|||||E1,461,670|f6,000||E1,467,670|E1,403,574||



## 

|Debtors|||||||||
|---|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowed||Total Funds|Total Funds||
|||Funds|~Fund s|~Fund|s|?t)20|2019|Notes|
|||E|||||||
|Prepayments|and accrued income|1&,803||||18,803|31,110||
|Other debtors||3,056||||3,056|8,920||
|||f21,859||||E21,859|E40,030||



## 

## 

|Creditors: amounts|falling due|within one year|within one year|||||
|---|---|---|---|---|---|---|---|
|||Unrestricted<br>Restricted||Endowed||Total Funds|Toto/Funds|
|||Funds|F~und|~ns||2020|2019 Notes|
|||E||||E|E|
|Other creditors||16,071||||16,071|54,169|
|Accruals &deferred|income|2,7&1||||2,781|3,567|
|||E18,852||||E18,852|E57,736|
|Creditors: amounts|falling due|after more than one|year|||||
|||Unrestricted<br>Restricted||Endowed||Total Funds|TololFaodh|
|||F~un<br>s|~Fu ds|~Fund|s|2020|2019 Nates|
|||E||||f||
|Other creditors||53,3&8||||53,388|4,ooo|
|||f53I388||||f53,388|E4,OOO|



## 



## 

## 

|Stateme|nt offunds||||||||
|---|---|---|---|---|---|---|---|---|
|||||Balances|||Transfers,|Balances|
|||||b/(wd|||other gains|c/Iwd|
|||||1lan 1010|Income|Expenditure|and losses|31Dec 2020|
|Major works expenditure|||||115,507|(115,507)|||
|Welcome area||||||||6,000|
|Total of|all restricted|funds||6I000||||6,000|
|General|fund|||1,397,574|170,604|(367,671)|261,163|1,462,670|
|Total of|all unrestricted||funds|1,397,574|170,604|(367,671)|261,163|1,462,670|
|Total funds||||E1,403,574|E170,604|E(367,671)|6261,163|Elp467,670|



## 

|Analysis ofcas|h and cash equivalents|||
|---|---|---|---|
|||Total Funds|Total Funds|
|||2010|19|
|||E|E|
|Cash In hand||23,134|56,531|
|Notice de oslts|less than 3months|'11387|146383|
|||E34 521|E202914|



##