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2020-12-31-accounts

REGISTERED CHARITY NUMBER: 1134603

St. Mary’s Church, Ambleside

Parochial Church Council (PCC)

(St Mary’s Ambleside is part of the Diocese of Cumbria within the Church of England)

Annual Report 2020

Report of the Trustees and Unaudited Financial Statements

for year ended 31 December 2020

Charity No: 1134603

Church Office :

St Mary’s Church C/o The Vicarage Millan’s Park Ambleside Cumbria LA22 9AD

Bankers:

Independent Examiner

Barclays Bank, Helen Holmes 3 Crescent Road, Stables Thompson & Briscoe Windermere, Ltd LA23 1EB Lowther House Lowther St Kendal LA9 4DX

Incumbent:

Rev Beverley Lock

Stables Thompson & Briscoe Ltd Chartered Accountants & Business Advisors Lowther House Lowther Street

Kendal LA9 4DX

The PCC of St Mary's Church, Ambleside

Contents of the Financial Statements for the Year Ended 31 December 2020

Page Page Page
Report of the Trustees 1
to
9
Independent Examiner's Report 10
Statement of Financial Activities 11
Balance Sheet 12
Notes to the Financial Statements 13
to
21
Detailed Statement of Financial Activities 22
to
23

The PCC of St Mary's Church, Ambleside

Report of the Trustees for the Year Ended 31 December 2020

The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). They were also prepared in accordance with PCC Accountability.

1. AIMS and PURPOSES

To cooperate with the minister in promoting in the parish the whole mission of the Church: evangelistic, pastoral, social and ecumenical.

St Mary’s Church Ambleside also provides a daily benefit to a high number of visitors from all over the UK and the world.

2. OBJECTIVES and ACTIVITIES

The objectives of the PCC are detailed within the memorandum & articles of the PCC, but can be summarised as follows: -

The PCC is committed to enabling as many people as possible to worship at our church and become part of our church community. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many community groups that live within our parish. Our services and worship put faith into practice through prayer, scripture, music and sacrament. St. Mary’s Ambleside PCC confirm compliance with the “duty” in section 4 of the 2006 Charities Act and give due regard to guidance published by the Charity Commission regarding Public Benefit. In summary, the PCC trustees ensure that the purposes for which it is set up are maintained:

Next to St Mary's church sits Ambleside Parish Centre, a Community Centre, which receives financial contributions from St Mary's, the local Methodist church and community grants. It is a vibrant welcoming community space where many members of the local community take part in groups and activities or volunteer their time for projects such as the Fareshare lunches, the Evergreen club for over 55s or running the Youth work Fairtrade stall. Many of the congregation of St Mary's are actively living out their faith, supporting the groups and volunteering alongside their neighbours. There are also a couple of church led initiatives such as the Bereavement Support group and the Home Visiting Service (suspended due to covid19).

St. Mary’s Church has contact with the University of Cumbria (Ambleside campus) through the Rector attending liaison meetings and acting as Honorary Chaplain.

When planning our activities for the year we have considered the Charity Commission’s guidance on the public benefit and the supplementary guidance on charities for the advancement of religion. In particular, we try to enable people to live out their faith as part of our parish community through:

The main objective for the last year was to continue to ensure that the objectives set out above can be met and supported and to raise the profile of the work of the PCC and encourage new people to take an interest in the Church and its activities.

To facilitate this work of the Church it is important that the PCC maintains the building’s fabric.

Both St Mary’s Church and the Ambleside Parish Centre have been particularly challenged during 2020 which has proved to be an exceptional year with the emergence of the global coronavirus COVID-19 pandemic caused by SARS-COV-2. This resulted in significant disruption to the plans originally envisaged at the start of the year and led to both St Mary’s Church and the Ambleside Parish Centre making significant changes to their modus operandi in order to continue as important beneficial entities within the community.

Page 1

The PCC of St Mary's Church, Ambleside

Report of the Trustees for the Year Ended 31 December 2020

During the periods of formal lockdown, the Church moved to provision of on-line services via the Zoom technology platform and continued to provide this facility as an additional benefit when it was possible to provide in-person services for certain periods in the year. Church volunteers manned St Mary’s for COVID-safe private prayer 3 mornings a week when this was allowed.

During 2020 the Ambleside Parish Centre together with members of St Mary’s has played a focal role in facilitating aid to the local community during the COVID pandemic through the provision of lunchtime meals five days a week, soup and bread for families in need at weekends and through the Community Cupboard food bank.

3. ACHIEVEMENTS and PERFORMANCE (figures in brackets refer to 2019) Worship and prayer

During 2020 the general pattern of regular Sunday services was significantly altered due to the Covid 19 pandemic. From 23rd March 2020 the church was closed due to the first National Lockdown. From then until December 2020 the church provided on –line services using the Zoom technology platform every week. Alongside this during periods of full lockdown sermons and letters were distributed to those who were unable or unwilling to access on -line services. We also provided additional opportunities for prayer during the week on Zoom. Those able to access emails also got updates on matters of local concern. The church continued to provide this facility as an additional benefit when it was possible to provide in-person services for certain periods in the year.

There have been 1(4) wedding, and 15(18) funerals. Our services have included an on-line Christingle Service, Mothering Sunday, Harvest Festival, Remembrance Day, Remembering Service, Carol Service.

The average weekly in church attendance counted during October was 28(58) due to Covid restrictions. However, Church at home [Zoom services] during October were 34.

There have been significant changes in the Ministry Team during the Year. Rev. George Wrigley retired in June 2020. Rev. Jane Nattrass joined as SSM Curate from June and was ordained Deacon in September, Canon Nick Hallam became Team Vicar and Mr Brian Lock took on additional responsibilities as Reader. Mr David Robbens started training on the Authorised Lay Ministry course.

A Crumpet Church kept running on Monday afternoons for primary school children for as long as it was possible to do so in person and then went on-line. Families gathered, enjoyed a snack, played games and did crafts related to the theme/story of the day. There was then a time of worship with music, story and prayer.

Café Church with help of the Youth Church Network Minister, Chris Mason, have made welfare calls to families that the church has contact with as have the Crumpet Church team led by Rev. Jane Nattrass.

A midweek group, coordinated by Graham Sutton, has been held via Zoom every 2 weeks to enable more contemporary Bible study and worship to be developed. A number of church members have led the sessions helping to explore and develop personal gifting and calling. A Bible Study group also met either at the Vicarage or on-line on alternate Wednesdays led by Brian Lock.

The church could only be safely opened when it was possible to supervise private prayer. When infection rates were very high the PCC took the decision for private prayer to be by appointment. Booklets on Christian faith (supplied by LIFEWORDS) in many languages are available in church and are free to visitors although donations are given and there is a steady demand for this Christian literature.

Church members volunteer to support the local school in both official (as Governors) and unofficial (as classroom supporters) ways.

Pastoral Care

A year of lockdown has brought opportunities and challenges to the pastoral care team! Whilst we have not been able to gather together in church or social settings it has not been possible to continue the person-to-person prayer ministry, or organise church fellowship lunches, and the "who does what" board in church sadly remains unfinished.

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The PCC of St Mary's Church, Ambleside

Report of the Trustees for the Year Ended 31 December 2020

But the pastoral care of the church family and extended community has continued apace. The prayer "chain” which David Stothard has magnificently continued to administer has continued regularly to provide prayer support for the church and wider family.

Beyond prayer ministry, the pastoral care team has been busy providing support in practical ways.

In the summer when the government were still pondering whether or not to make mask wearing mandatory 12 talented sewers, encouraged by Zoe Ashworth and Judith Sutton, from church and community got their sewing machines out and within days of the project starting the pastoral care team were able to begin delivering the welcome gift of a mask to the vulnerable. By the end of the project in the autumn following a second sewing wave over 250 masks had been made and gifted to church, and community folk, plus shopkeepers and front-line workers.

Early in lockdown cards of encouragement and gratitude were made and delivered to all the local shops who had stayed open to provide services to the local community.

Lockdown continued into the autumn and people's anxieties were increasing as winter approached, so the pastoral care team met again and agreed to distribute cards with messages of encouragement to the vulnerable and isolated. A huge thanks must go to the very talented Lee Haywood who became a machine and created over 160 cards for the project, and to Marguerite Jenkinson who also made cards and to the primary school for colouring in the cards for Christmas.

At the end of the reporting year cards have been distributed in October and Christmas to over 80 people each time; and looking forward, cards will also be distributed to further encourage folks in February and Easter 2021. Thanks to Pauline’s creative endeavours, a little bag of chocolates accompanied the Christmas distributions, and will again accompany the cards delivered for Easter 2021.

Special thanks must go to Gill Scarlett, Betty Potts, Judith Shingler, Pauline Carrick, Caitlin Willis and Jenny Harrop who have been amazingly faithful, good hearted and generous with their time as they collected and distributed the cards on these occasions.

Pastoral care has been exercised in a variety of ways during 2020. The clergy are available to visit on request when restrictions permit. There is support for the bereaved through clergy contact and the work of the bereavement support group. Holy Communion services are taken into Millan’s Court (monthly) and to Rowan Court by request until Lockdown. Those in hospital are visited by clergy and the fellowship when at all possible.

The church family lunch once a quarter was enjoyed by the fellowship until restrictions due to the pandemic came in.

Prayer Team and Network

The church provides a confidential opportunity for prayer ministry after the main 11am service. This was replaced during lockdown by the clergy ringing up church members and offering prayer over the telephone. Also, at any time by either a request to the clergy or via email to the prayer co-ordinator, with permission from those who request prayer, there is a team of Intercessors who pray as a network.

Mission and Evangelism

Mission giving helped to support our main charities as follows: Nepal International Support Fellowship; Ambleside Parish Centre and Ambleside C of E Primary school.

Donations via gift aid, loose plate collection, Church Pillar and Letter Box and other planned giving continues, albeit at reduced levels due to Covid19, and have enabled the PCC to give to secular charities such as the British Legion.

During the course of the year, St Mary’s Church Fellowship made the following donations directly to 3rd party charities. (These donations do not form part of the end of year accounts). TEAR Fund - £196 (£325); The Children's Society - £0 (£762) and Christian Aid - £85 (£1,154).

Our parish magazine is delivered to every household in the parish free of charge. The magazine keeps parishioners and the community informed of community events and church meetings. Some 2000 magazines are printed and distributed 10 times annually. During 2020 it was only possible to deliver 6 editions of the magazine, but all editions were published on the website.

Page 3

The PCC of St Mary's Church, Ambleside

Report of the Trustees for the Year Ended 31 December 2020

A Monday night youth group continues with the support of two church members and the Network Youth Officer for the South Lakes. The group met in the Baptist Church until Covid19 restrictions started.

Ecumenical Relationships

St Mary’s Church is a member of Churches Together in Ambleside District (CTAD). January Week of Prayer for Christian Unity was well supported. When lockdown came combined services were offered for churches that could not provide their own on-line services. There is a combined service on the 5th Sunday of relevant months. Denominations attending are Baptist; Roman Catholic; Methodist and Quakers. Christmas Carol singing on local estates was not undertaken this year but the combined on – line Church carol service was organised by St. Mary’s Team. During Lent there were Lent midweek groups, but the walk of witness was not possible this year. There was general encouragement to install crosses on homes – bare ones for Good Friday and decorated for Easter Day to make Easter visible in the area.

St. Mary’s Church is a member of the Central Lakes Mission Community and group of 14 worshipping communities who are exploring how they can work together to promote the Christian faith in the area of the Central Lakes. This year the Mission Community has held two on – line joint services which have been very encouraging.

Churchyard

0(9) faculties for reserving grave plots have been applied for during the year. Community services started to help the PCC but due to Covid19 restrictions this was very limited. The PCC paid for all the churchyard to be kept in good order, including repairs to damaged wall in the car park.

Church Building

No significant works or repairs were carried out in 2020.

The building was closed to visitors and for worship for part of the year in accordance with diocesan guidance. When it was possible to reopen the interior layout was adapted to provide space for social distancing and a one-way circulation. Special cleaning measure were put in place, hand cleaning facilities provided, and track & trace records were kept.

Page 4

The PCC of St Mary's Church, Ambleside

Report of the Trustees for the Year Ended 31 December 2020

4. FINANCIAL REVIEW (See Financial Report for detail)

Summary information:

Page 5

The PCC of St Mary's Church, Ambleside

Report of the Trustees for the Year Ended 31 December 2020

5. RESERVES POLICY

The PCC holds Funds as detailed below. These Funds are held in 2 accounts: CBF Church of England Fund and a current account held with Barclays Bank.

Restricted Funds

Two people left significant legacies in 2012 for the Church plus Churchyard and the Church. The funds remaining for these legacies are £95,994 (£115,443).

In addition, Restricted Funds have been established for the following purposes prior to 2019: MURAL Restoration – APPEAL Organ Fund – Planned Giving

Designated Funds

The PCC has designated a further legacy received in 2017, as there were no restrictions applied to this Gift, towards improving the church Visual and sound systems over the next 2 yrs.

Unrestricted Funds (cash)

The PCC hold unrestricted funds to ensure that at least 9 months of typical church running costs can be met in the unlikely event of a shortfall in income or any unexpected expenses. Balance held in unrestricted funds at the end of 2020 is £70,259.

Reserves policy is reviewed by the PCC each financial year.

It is PCC policy to invest fund balances with the CBF Church of England Deposit Fund.

Legacy policy

This policy is being reviewed as part of the “Giving for Life” initiative and is now planned for implementation during 2021.

6. PLANS FOR FUTURE PERIODS

The PCC will continue to meet its objectives as outlined within this document.

It will seek to meet its responsibilities to provide Public Benefit by exploring further the benefits of working in the Central Lakes Mission Community. St. Mary’s church will continue to participate in the activities of CTAD and support the work of the Network Youth Church, Walking Church and Crumpet Church.

It will be reviewing the pattern of worship and the need to put the church on a firmer financial footing as a result of losses incurred during the pandemic. A group will be formed to make these plans.

Within the next financial period it is planned to carry out repairs to the junction of the south face of the tower, south roof and on-going works arising from the 2018 Quinquennial Survey. Inspection of the Spire has also been undertaken. It is also planned to upgrade the Sound and Lighting systems.

The PCC is in the process of closing St Anne’s churchyard to burials and handing over the responsibility for the maintenance to the South Lakes District Council. The handover is conditional on necessary repairs being completed by the PCC at an approximate cost of £4,000, taken from PCC reserve funds.

Page 6

The PCC of St Mary's Church, Ambleside

Report of the Trustees for the Year Ended 31 December 2020

7. STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

PCC

The PCC complies with its governing document. The method of appointment of PCC members is set out in the Church Representation Rules (dated 2017). All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. The PCC is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Measure.

Recruitment and appointment of new trustees

All new members are voted onto the PCC via the Annual Parish Church Meeting (APCM). The role of Church Warden or Secretary or Treasurer is also confirmed at the APCM along with confirmation of the Financial Examiner.

Organisational structure

The full PCC met on Zoom platform 7(7) times during the year, including 1(1) Special Meetings, (not including the Annual Parochial Church Meeting) with an average attendance of about 68%(69%) (elected and ex office-officio members). At each meeting, members are responsible for declaring any "conflict of interest" at the start of the meeting having had the forthcoming agenda before the meeting. Issues discussed during the course of the year covered:

Maintenance of St Mary's graveyard, maintenance of St Anne's graveyard, worship on Sundays, including organising on-line services via Zoom caused by the COVID 19 pandemic, mid-week meetings including those on-line via Zoom, Safeguarding, Quinquennial Survey, Wordsworth Chapel project, Internal lighting scheme, Parish magazine, Mission Community plans and remits for the PCC Standing Committee and Finance and Building sub-committee of PCC.

Electoral Roll

All are welcome to attend regular services. There are 86(86) parishioners on the Church of England Electoral Roll for St Mary’s Ambleside.

Safeguarding Policy

During 2020 the Parish safeguarding Officer continued to be responsible for St Mary’s PCC and the Loughrigg Team for implementing the Carlisle Diocesan Safeguarding Policy. The next stage of training sessions is planned during 2021 including on-line courses.

Risk management

The PCC records "Risks" as Agenda items of the PCC. They are then managed to closure, and all actions and decisions are recorded at subsequent PCC meetings. "Risks" are defined as significant problems that could hinder the Church’s work and categorised as follows: Governance risks (skills, competence and organisation of the PCC etc):

Operational risks (health & safety, employment, child protection etc) Financial risks (reserves, cash flow, investments, income stability, fraud etc) External risks (demographic and employment changes, public reputation etc) Regulatory risks (fundraising, disability discrimination, HMRC requirements etc)

During 2020 there were 3 Risk items identified and the PCC progressed actions at each PCC meeting. The 3 Risk items were: Closure of St Anne’s Churchyard; Maintenance of St Mary’s Churchyard and Safeguarding.

Page 7

The PCC of St Mary's Church, Ambleside

Report of the Trustees for the Year Ended 31 December 2020

7. STRUCTURE, GOVERNANCE AND MANAGEMENT

Deanery Synod

Synod has met only once during the last 12 months due to weather & Covid19. This was on Zoom which was interactive and a good platform to use. Usually, there are regular items for information & discussion i.e.

Finance - providing oversight of Deanery Accounts, Parish Levy and discussion re Parish Offers. Mission Communities [North, East & South] updating Deanery what is happening locally in each area; Network Youth Ministry submit a written report together with a video presentation; Safeguarding; Data Protection & GDPR; as well as invited speakers who give a flavour of their expertise & resources. Given that parishes face many changes and tasks, members of Synod should view synod meetings as open to [and invite] non-members so that non-members can benefit from this resource approach when a subject relevant to their local interest/role is to be discussed. There should be 2 members representing St Mary’s Church at Deanery Synod as per the electoral roll formula.

At the recent meeting, Derek Hurton, Diocesan Secretary, gave an in-depth presentation about Diocesan Finances concerning the Covid 19 lockdown and the resulting loss of income to churches. Chris Mason, Network Youth Minister, talked about the difficulties of connecting and working with young people during the pandemic.

Leadership Team

The Church Leadership Team seeks to promote the areas of Pastoral Care and Prayer, Worship coordinator, Congregational Leader, Small Groups and Discipleship. The group were discerned after much prayer, are all members of the PCC and seek to ensure that these areas of work are covered, and any developments fed back to the PCC.

Payment of Staff Policy

The PCC currently has 1 paid part time post of Church Administrator. The role covers general church administration, and the line manager is the Incumbent. Annual increases are reviewed at the end of each tax year and any increases are based on the RPI index. Accountants are employed to manage Pay Slip and Government payments on behalf of the PCC, with instructions given by the Church Project Treasurer. No change

8. ADMINISTRATIVE INFORMATION

Location and contact address
St Mary’s Church C/o The Vicarage, Millan’s
Park, Ambleside LA22 9AD
Contact Details:
Rev B Lock
015394 33205

PCC members who have served from 1[st] January 2020 until the date this report was approved are:

Ex-Officio members (7):

1.Rev. Beverley Lock (Team Rector)

3.Rev Jane Nattrass (Deacon – appointed 26[th] September 2020)

4.Pauline Sunnucks Church Warden

5.David Stothard Church Warden

Page 8

Th• PCC of St IAarfs Clwvch. Ambl••ld• R•port of tho Tfu•t••s f•r th• Ye•r End•d 31 D•G•mb•r 2020 ExllOffl¢k4 rnwnb•rn In (wrtbnu•d): T.Va￿l Ehct•d mwnb•rn P) dth• PCC APCM 29th 8•Owb•r 2020: 1.M8rguerlto Jonkln 2.Judfth ShlrwJler 3.H•lon Mlntr>n 4.Grahgm Sutton Churth RnarKlal Oftknr 6.Dr Robort 7.Dr Dam8 Suo lon 8.Vac#nt 9.Vacnt J￿0 N•ttr8SB c￿0P￿d ￿￿b•ll (2) olth• PCC APCM 29th 2020: Paullrn Carrk C￿0(￿1 from 2019 Tony Sumuck8 Apwov•d by th• APCM on ...........aoth M•vEh 2021 *nd •lgrwd on th•lr t￿h•ll by th• R•vor•nd B•vorky Lo¢k (PCC Ch•lmwi) QLJ

Indepèndenl Examiner's Report lo the Twstses of Thè PCC of St Mary's Church, Amblesldo Ind•pendent •xamIne￿$ report to the tni8t••s of Th• PCC of St Mary's Church. Ambleside I report lo the charity trustees on my examination of the accounts of The PCC of St Mary's Church, Ambleside (the Tru$l} for the year ended 31 December 2020. Rasponsibilltlos and basis of report As the charity trustees of the Trust you are Tesponsible for the preparation of the accounts in accordan¢e with the requirement$ of the Charities Act 2011 {'the Acfl. I report in respect of my examination of the Twsfs accounts carried out under section 145 of the Act and in ¢arrying out my examination I have followed all applicable Directions given by the Charity Commission under sectson 14515){bl of the Act Independent ex•mlnae8 statem•nt I have completed my examinabon. I confimi that no material matters have come to my attention in connection with the &xaminats'on giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by section 130 of the Act., or the accounts do not accord wilh th08e re￿rdS., or the accounts do not comply with the applicable requirements conceming the fomi and Content of accounts sel out in the Charities IAc¢ounls and Reports) Regulats'ons 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 concems and have com8 across no other matters in conneclion with the examination to which attention should be drawn in this report in order to enable a prO￿r und&rstanding of the accounts to be reachèd. H M Holmes Bsc FCA ICAEW Stables Thompson & Briscce Ltd Chartered Accountants & Business Advisor8 Lowlher House Lowther Street Kendal LA9 4DX Dats:....S.O.Q4 Page 10

Th• PCC of Sl M•rf• Church. AThbl•sld• Bilanu Sh¢•t 31 Dec•mb•r 2020 31.12.20 Total 31.12.19 Totsl funds fiJr FIXED ASSETS T￿gI￿a a880ts 7.325 41.477 7.325 9.157 CURRENT AS8Ef8 Deblor8 Ca8h at bank 10 81,450 4,405 212826 107.289 CREDffoR8 Amounts f8llrwJ thJ• Tll on8 year 11 {2.543) {133) (2.878} (1.3121 TOTAL A8SEf3 LESS CURRENT UABIUTIES 132.147 107.158 239.303 266,553 NET AS8ET8 FU14D8 Unrnstrlcbj fun Rgslrfcted lund$ TOTAL FUND8 12 132,147 107.156 140,253 126.300 ffinanclal wern •ppiobYd ty th• 8ovd d TN8t•fj• authort￿d tr 188UO ..21... w•rn •i•J ￿ Its b8h*f ty. Page 12


The PCC of St Mary's Church, Ambleside
Statement of Financial Activities
for the Year Ended 31 December 2020
Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS
Donations and legacies
51,274
Charitable activities
Church activities
5,759
Other trading activities
2
4,339
Investment income
3
1,000
Total
62,372
EXPENDITURE ON
Charitable activities
Church activities
70,478
Rushbearing activities
-
Total
70,478
NET
INCOME/(EXPENDITURE)
(8,106)
RECONCILIATION OF FUNDS
Total funds brought
forward
140,253
TOTAL FUNDS CARRIED
FORWARD
132,147

Restricted
funds
£
1,328
-
-
822
2,150
21,161
133
21,294
(19,144)
126,300
107,156

fund
£
-
-
-
-
-
-
-
-
-
-
-
Endowment

Total
funds
£
52,602
5,759
4,339
1,822
64,522
91,639
133
91,772
(27,250)
266,553
239,303
31.12.20

31.12.19
Total
funds
£
61,122
15,966
9,877
3,507
90,472
152,851
-
152,851
(62,379)
328,932
266,553

The notes form part of these financial statements

Page 11

The PCC of St Mary's Church, Ambleside

Notes to the Financial Statements for the Year Ended 31 December 2020

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.

The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

The accounts are prepared on a going concern basis.

The charity is an unincorporated entity governed by the Parochial Church Council Powers Measure (1956) as amended and Church Representation Rules.

The address of the registered office is given in the charity information page of these financial statements. The nature of the charity's operations and principal activities are to promote in the ecclesiastical parish the whole mission of the Church.

Financial reporting standard 102 - reduced disclosure exemptions The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Donated facilities, goods and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example, the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Page 13

continued...

The PCC of St Mary's Church, Ambleside Notes to the Financial Statements - continued for the Year Ended 31 December 2020

1. ACCOUNTING POLICIES - continued

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 20% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. OTHER TRADING ACTIVITIES

2. OTHER TRADING ACTIVITIES
31.12.20 31.12.19
£ £
Car park rentals 3,339 4,786
Magazine advertising 1,000 4,070
Rushbearing income - 1,021
4,339 9,877
3. INVESTMENT INCOME
31.12.20 31.12.19
£ £
Dividends 1,000 1,900
Deposit account interest 822 1,607
1,822 3,507

Page 14

continued...

The PCC of St Mary's Church, Ambleside Notes to the Financial Statements - continued for the Year Ended 31 December 2020

4. TRUSTEES' REMUNERATION AND BENEFITS

Mrs P Sunnucks and Mrs M Thomlinson were paid in total £465 (2019 - £1,390) for their services as verger in the year.

Judith Dixon was paid £5,028 (2019 - £4,190) for her services as administrator in the year.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.

5. STAFF COSTS

31.12.20 31.12.20 31.12.20 31.12.19
£ £
Wages and salaries 5,028 4,945
5,028 4,945
The average monthly number of employees during the year was as follows:
Administrator 31.12.20
1
31.12.19
1
No employees received emoluments in excess of £60,000.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Endowment Total
funds funds fund funds
£ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 59,724 1,398 - 61,122
Charitable activities
Church activities 15,966 - - 15,966
Other trading activities 8,856 1,021 - 9,877
Investment income 1,900 1,607 - 3,507
Total 86,446 4,026 - 90,472
EXPENDITURE ON
Charitable activities
Church activities 73,271 79,580 - 152,851
NET INCOME/(EXPENDITURE) 13,175 (75,554) - (62,379)

Page 15

continued...



The PCC of St Mary's Church, Ambleside


The PCC of St Mary's Church, Ambleside
Notes to the Financial Statements - continued
for the Year Ended 31 December 2020
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Endowment Total
funds funds fund funds
£ £ £ £
RECONCILIATION OF FUNDS
Total funds brought forward 127,078 201,854 - 328,932
TOTAL FUNDS CARRIED
FORWARD 140,253 126,300 - 266,553
7. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 January 2020 and
31 December 2020 31,549
DEPRECIATION
At 1 January 2020 22,392
Charge for year 1,832
At 31 December 2020 24,224
NET BOOK VALUE
At 31 December 2020 7,325
At 31 December 2019 9,157
8. FIXED ASSET INVESTMENTS
Unlisted
investments
£
MARKET VALUE
At 1 January 2020 and
31 December 2020 41,477
NET BOOK VALUE
At 31 December 2020 41,477
At 31 December 2019 41,477
There were no investment assets outside the UK.

Page 16

continued...

The PCC of St Mary's Church, Ambleside

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

CC of St Mary's Church, Ambleside
to the Financial Statements - continued
e Year Ended 31 December 2020
Trade debtors
Other debtors
Prepayments and accrued income
CASH AT BANK
General Operational
fund
reserve
£
£
Barclays current
account
10,438
-
Barclays Rushbearing
Activity
-
-
CBF deposit account
9,386
60,000
Total
19,824
60,000
Adrienne
Nicholson
legacy
£
£
Barclays current
account
-
-
Barclays Rushbearing
Activity
-
-
CBF deposit account
42,879
2,371
Total
42,879
2,371

Designated
legacy
£
-
-
1,626
1,626
Mural
Appeal
£
-
-
4,475
4,475

31.12.20
£
500
1,551
2,387
4,438
Rushbearing
activities
£
-
4,439
-
4,439
31.12.20
Total
funds
£
10,438
4,439
173,862
188,739
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Organ Fund

31.12.19
£
-
4,405
-
4,405
Alene
Hackett
legacy
£
-
-
53,125
53,125
31.12.19
Total
funds
£
5,347
4,439
203,040
212,826

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

10. CASH AT BANK

The Church received an amount of £2,111 (2019 - £6,165) on behalf of community collections which was paid out in the year to the charities concerned. As per PCC guidance this income and expenditure has not been reflected in the Statement of Financial Activities as this is not church income.

Page 17

continued...




The PCC of St Mary's Church, Ambleside



The PCC of St Mary's Church, Ambleside
Notes to the Financial Statements - continued
for the Year Ended 31 December 2020
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.20 31.12.19
£ £
Trade creditors 134 -
Other creditors 2,542 1,312
2,676 1,312

Included in Other creditors is £1,196 (2019 - £866) relating to "Mission Communities". This will be paid out when this fund has set up a formal constitution and opened its own bank account. This is not church money.

12. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Operational reserve
Designated legacy
Restricted funds
Rushbearing activities
Alene Hackett legacy
Adrienne Nicholson legacy
Organ Fund
Mural Appeal
TOTAL FUNDS
At 1.1.20
£
78,627
60,000
1,626
140,253
4,439
66,203
49,240
1,943
4,475
126,300
266,553
Net
in funds
£
(8,106)
-
-
(8,106)
(133)
(13,078)
(6,361)
428
-
(19,144)
(27,250)
movement
At
31.12.20
£
70,521
60,000
1,626
132,147
4,306
53,125
42,879
2,371
4,475
107,156
239,303

Page 18

continued...

The PCC of St Mary's Church, Ambleside

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

CC of St Mary's Church, Ambleside
to the Financial Statements - continued
e Year Ended 31 December 2020
MOVEMENT IN FUNDS - continued
Unrestricted funds
General fund
Restricted funds
Rushbearing activities
Alene Hackett legacy
Adrienne Nicholson legacy
Organ Fund
Churchyard maintenance
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Restricted funds
Rushbearing activities
TOTAL FUNDS

Incoming
resources
£
62,372
-
493
329
788
540
2,150
64,522
At 1.1.19
£
127,078
197,164
4,690
201,854
328,932
Net movement in funds, included in the above are as follows:

£
(70,478)
(133)
(13,571)
(6,690)
(360)
(540)
(21,294)
(91,772)
Net
in funds
£
13,175
(75,303)
(251)
(75,554)
(62,379)
Resources
expended
movement

in funds
£
(8,106)
(133)
(13,078)
(6,361)
428
-
(19,144)
(27,250)
At
31.12.19
£
140,253
121,861
4,439
126,300
266,553
Movement

12. MOVEMENT IN FUNDS - continued

Page 19

continued...

The PCC of St Mary's Church, Ambleside

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

CC of St Mary's Church, Ambleside
to the Financial Statements - continued
e Year Ended 31 December 2020
MOVEMENT IN FUNDS - continued
Unrestricted funds
General fund
Restricted funds
Restricted funds
Rushbearing activities
TOTAL FUNDS

Incoming
resources
£
86,446
3,005
1,021
4,026
90,472

expended
£
(73,271)
(78,308)
(1,272)
(79,580)
(152,851)
Comparative net movement in funds, included in the above are as follows:
Resources

in funds
£
13,175
(75,303)
(251)
(75,554)
(62,379)
Movement

12. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Restricted funds
Rushbearing activities
Alene Hackett legacy
Adrienne Nicholson legacy
Organ Fund
TOTAL FUNDS
At 1.1.19
£
127,078
197,164
4,690
-
-
-
201,854
328,932
Net
movement
in funds
£
5,069
(75,303)
(384)
(13,078)
(6,361)
428
(94,698)
(89,629)
At
31.12.20
£
132,147
121,861
4,306
(13,078)
(6,361)
428
107,156
239,303

Page 20

continued...

The PCC of St Mary's Church, Ambleside Notes to the Financial Statements - continued for the Year Ended 31 December 2020

12. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted funds
Rushbearing activities
Alene Hackett legacy
Adrienne Nicholson legacy
Organ Fund
Churchyard maintenance
TOTAL FUNDS
Incoming
Resources
resources
expended
£
£
148,818
(143,749)
3,005
(78,308)
1,021
(1,405)
493
(13,571)
329
(6,690)
788
(360)
540
(540)
6,176
(100,874)
154,994
(244,623)
in funds
£
5,069
(75,303)
(384)
(13,078)
(6,361)
428
-
(94,698)
(89,629)
Movement

The Alene Hackett legacy is for the maintenance, repair or improvement of the church and churchyard.

The Adrienne Nicholson legacy is for the maintenance of the fabric of the church.

13. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2020.

Page 21


The PCC of St Mary's Church,

Ambleside
Detailed Statement of Financial Activities
for the Year Ended 31 December 2020
31.12.20 31.12.19
Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
£ £ £ £ £
INCOME AND ENDOWMENTS
Donations and legacies
Planned giving - Gift Aid 35,465 630 - 36,095 38,461
Other planned giving 3,602 - - 3,602 3,754
Collections 1,320 - - 1,320 3,657
Grants - 540 - 540 780
Sundry donations 1,498 - - 1,498 1,894
Gift aid 9,389 158 - 9,547 12,576
51,274 1,328 - 52,602 61,122
Other trading activities
Car park rentals 3,339 - - 3,339 4,786
Magazine advertising 1,000 - - 1,000 4,070
Rushbearing income - - - - 1,021
4,339 - - 4,339 9,877
Investment income
Dividends 1,000 - - 1,000 1,900
Deposit account interest - 822 - 822 1,607
1,000 822 - 1,822 3,507
Charitable activities
Fees (weddings and
funerals) 4,932 - - 4,932 13,311
Church hire 470 - - 470 1,935
Miscellaneous income 357 - - 357 720
5,759 - - 5,759 15,966
Total incoming
resources 62,372 2,150 - 64,522 90,472
EXPENDITURE
Charitable activities
Insurance 5,332 - - 5,332 5,547
Light and heat - 4,851 - 4,851 16,059
Carried forward 5,332 4,851 - 10,183 21,606

This page does not form part of the statutory financial statements

Page 22


The PCC of St Mary's Church,

Ambleside
Detailed Statement of Financial Activities
for the Year Ended 31 December 2020
31.12.20 31.12.19
Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
£ £ £ £ £
Charitable activities
Brought forward 5,332 4,851 - 10,183 21,606
Mission giving - overseas 1,470 - - 1,470 1,862
Mission giving - home 2,444 - - 2,444 2,952
Ministry - Parish offering 47,000 - - 47,000 46,000
Ministry - clergy expenses 1,127 - - 1,127 1,065
Other ministry costs - - - - 3,050
Diocesan fees - - - - 2,941
Upkeep of services 1,017 - - 1,017 650
Parish magazine 2,068 - - 2,068 3,676
Furnishings and
equipment 300 - - 300 585
Upkeep of churchyard - 6,573 - 6,573 2,870
Cleaning - 1,200 - 1,200 1,200
Church repairs 1 8,537 - 8,538 52,632
Rushbearing expenses - 133 - 133 1,272
Depreciation 1,832 - - 1,832 2,203
62,591 21,294 - 83,885 144,564
Support costs
Management
Administrator 5,028 - - 5,028 4,945
Postage and stationery 972 - - 972 1,142
Independent Examiner
fee 1,785 - - 1,785 1,800
7,785 - - 7,785 7,887
Finance
Bank charges 102 - - 102 400
Total resources expended 70,478 21,294 - 91,772 152,851
Net expenditure (8,106) (19,144) - (27,250) (62,379)

This page does not form part of the statutory financial statements

Page 23