2020-12-31-accounts

		Page
Trustees' report		1-7
Statement ofTrustees'	responsibilities
Independent examiner's report
Statement offinancial	activities	10 - 11
Balance sheet		12
Statement ofcash flows		13
Notes to the financial	statements	14-25

PCC mem otherwise	bers who have served f stated, are:	rom 1 January 2020 until the date	rom 1 January 2020 until the date	rom 1 January 2020 until the date	this	report was a
Vicar:		Vacant (from November 2019)
Churchwardens:		Mr Peter Joyce
		Mrs Hilary McKegney	(appointed		October 2020)
Deanery	Synod Representatives:	Mr Christopher Michell
		Dr Michael Yardley
Secretary	to the Church Council:	Mrs Bethan Baigent
Electoral	Roll Officer:	Mr Laurie Jeffery
Treasurer	to the Church Council:	Cdr John Page
Elected Members:		Mr Pete McKegney
		Mrs Hilary Buckley (resigned		October 2020)
		Mrs Jenny Norman
		Mrs Rosa Parsloe
		Mr Matthew Norman	(appointed		October 2020)
		Mrs Rachel Neal
		Mrs Clare Steel
		Mrs Carole Smith
Ex-Officio Members:		Mr Christopher Michell
		Dr Michael Yardley
		Mr Peter Joyce
		Mrs Hilary McKegney
		Dr Michael Yardley
Other Officers:		Mr Laurie Jeffery (Electoral		Roll	Officer)
		Mr Michael Small (Christian		Giving		Office)
		Mrs Elizabeth Flower	(Safeguarding			Officer)

Current financial year
				Unrestricted	Restricted	Endowment	Total	Total
				funds	funds	funds
				2020	2020	2020	2020	2019
			Notes	6	6	E	E	6
Income and endowments		from
Donations, grants and legacies			3	100,183	13,562		113,745	128,600
Other trading activities			4	4,041			4,041	13,865
Investments			5	694			694	731
Other income			6	6,615			6,615	7,840
Total income				111,533	13,562		125,095	151,036
~Ex ~ni ~rn:
Charitable activities				91,896	4,756		96,652	160,018
Other expenses			10	1,768			1,768	1,594
Total resources expended				93,664	4,756		98,420	161,612
Net gains/(losses) on investments			11			1,422	1,422	3,259
Net incoming/(outgoing)		resources
before transfers				17,869	8,806	1,422	28,097	(7,317)
Net incoming/(outgoing)		resources
before transfers				17,869	8,806	1,422	28,097	(7,317)
Gross transfers between	funds			1,197	(1,197)
Net movement in funds				19,066	7,609	1,422	28,097	(7,317)
Fund balances at 1 January		2020		9,830	2,405	20,685	32,920	40,237
Fund balances at 31 December
2020				28,896	10,014	22,107	61,017	32,920

Prior financial year	Prior financial year
				Unrestricted	Restricted	Endowment	Total
				funds	funds	funds
				2019	2019	2019	2019
			Notes	6	6	E	E
Income and endowments		from
Donations, grants and legacies				110,014	18,586		128,600
Other trading activities				13,865			13,865
Investments				731			731
Other income				7,840			7,840
Total income				132,450	18,586		151,036
~Ex ~ni ~rn:
Charitable activities				140,758	19,260		160,018
Other expenses			10	1,594			1,594
Total resources expended				142,352	19,260		161,612
Net gains/(losses)	on investments					3,259	3,259
Net incoming/(outgoing)		resources before
transfers				(9,902)	(674)	3,259	(7,317)
Net movement in	funds			(9,902)	(674)	3,259	(7,317)
Fund balances at 1 January		2019		19,732	3,079	17,426	40,237
Fund balances at	31 December 2019			9,830	2,405	20,685	32,920

			2020		2019
		Notes
Fixed assets
Investments		12		22,107		20,686
Current assets
Debtors		13	6,218		15,549
Cash at bank and in	hand		40,059		21,107
			46,277		36,656
Creditors: amounts	falling due within
one year
Other creditors		14	7,367		24,422
Net current assets				38,910		12,234
Total assets less current liabilities				61,017		32,920
Capitalfunds
Endowment funds		15		22,107		20,685
Income funds
Restricted funds		16		10,014		2,405
Unrestricted funds -	general			28,896		9,830
				61,017		32,920

					2020		2019
				Notes	8		8
Cash flows from operating			activities
Cash generated from/(absorbed by)				19
operations						18,258		(15,869)
Investing	activities
Proceeds	on disposal of investments						(1)
Interest received					694		731
Net cash	generated from	investing
activities						694		730
Net cash	used in financing		activities
Net increase/(decrease)		in	cash and	cash
equivalents						18,952		(15,139)
Cash and	cash equivalents		at beginning	ofyear		21,107		36,246
Cash and	cash equivalents		at end of	year		40,059		21,107

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			general			general
			2020	2020	2020	2019	2019	2019
			6	6	6	6	6	6
Donations		and gifts	100,183	10,262	110,445	110,014	18,586	128,600
Legacies	receivable			2,500	2,500
Grants receivable				800	800
			100,183	13,562	113,745	110,014	18,586	128,600
Donations		and gifts
Christian	Giving - GA		65,681		65,681	68,229		68,229
Christian	Giving - non
GA			13,747		13,747	12,843		12,843
Collections		Charity		4,302	4,302		12,542	12,542
Donations		- Coffee	178		178	669		669
Donations		- Others	1,714		1,714	2,141		2,141
Donations		- Hall and
church			374	5,960	6,334	7,400	6,044	13,444
Tax recoverable CG			18,489		18,489	18,732		18,732
			100,183	10,262	110,445	110,014	18,586	128,600
Legacies		receivable
Legacies				2,500	2,500
				2,500	2,500

Unrestricted	Unrestricted
funds	funds
general	general
2020	2019
6	F
4,041	13,865

		Unrestricted	Unrestricted
		funds	funds
		general	general
		2020	2019
		6	6
Income	from listed investments	619	601
Interest	receivable	75	130
		694	731

						Unrestricted	Unrestricted
						funds	funds
						general	general
						2020	2019
						6	f
Fees - weddings			and funerals			1,191	1,723
Churchyard	income, war memorial			and sundry	income	1,151	1,463
BHS Chaplain		-	grant			4,273	4,654
						6,615	7,840

		2020	2019
		6	6
Staff costs		21,972	23,629
Giving		4,441	13,217
Parish share		46,614	88,542
Staff and speaker expenses		1,315	751
Altar expenses and flowers		235	838
Music and organist costs		827	2,634
Youth activities and education		181	134
Office costs		4,645	4,915
Church and hall establishment	costs	9,177	11,670
Church & hall repairs and maintenance		7,245	13,688
		96,652	160,018
		96,652	160,018
Analysis by fund
Unrestricted funds - general		91,896
Restricted funds		4,756
		96,652
Forthe year ended 31 December 2019
Unrestricted funds - general			140,758
Restricted funds			19,260
			160,018

The average	monthly number ofemployees during	the year was:
		2020	2019
		Number	Number
Employment	costs	2020	2019
		E	E
Wages and	salaries	21,972	23,629

		Unrestricted	Unrestricted
		funds	funds
		general	general
		2020	2019
Professional	fees	578	360
Independent	Examination	1,008	1,008
Bank charges		182	226
		1,768	1,594

			Endowment	Endowment
			funds	funds
			2020	2019f
Revaluation	of	investments	1,422	3,259

Fixed asset investments
	Listed
	investments
Cost or valuation
At 1 January 2020	20,686
Valuation changes	1,422
At 31 December 2020	22,108
Carrying amount
At 31 December 2020	22,108
At 31 December 2019	20,686

13	Debtors
					2020	2019
	Amounts	falling due		within one year:
	Other debtors				4,839	4,906
	Prepayments		and accrued income		1,379	10,644
					6,218	15,550
14	Other creditors falling due within one year
					2020	2019
						6
	Other creditors				6,359	23,414
	Accruals	and	deferred	income	1,008	1,008
					7,367	24,422

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19	Cash generated from	operations	operations				2020	2019
							8	8
	Surplus/(deficit) for the	year					28,097	(7,317)
	Adjustments for:
	Investment income recognised		in	statement	offinancial	activities	(694)	(731)
	Fair value gains and losses on		investments				(1,422)	(3,259)
	Movements in working	capital:
	Decrease/(increase) in	debtors					9,333	(6,602)
	(Decrease)/increase in	creditors					(17,055)	2,039
	Cash generated from/(absorbed			by) operations			18,259	(15,870)