ST. FRANCIS OF ASSISI WEST WICKHAM PAROCHIAL CHURCH COUNCIL Charity No: 1134856
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST. DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF ST. FRANCIS OF ASSISI, WEST WICKHAM
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST. DECEMBER 2020
| Notes Incoming Resources Voluntary Income 2a Activities for generating funds 2b Income from investments 2c Church activities 2d Legacies 2e Total Incoming Resources Resources Expended Costs of generating voluntary income 3a Fund-raising trading costs 3b Church activities 3c Missions 3d Payments from Lighting Fund 15 Payments from Repairs Legacy 17 Total Resources Expended Net Movement in Funds Total Funds brought forward at 1st. January 2020 Net Movement of Funds for year Total Funds carried forward at 31st. December 2020 |
Unrestricted Restricted Total Total Funds Funds Funds Funds 2020 2019 46,621 46,621 50,213 1,886 1,886 2,129 263 263 474 9,973 9,973 26,454 0 0 30,000 |
|---|---|
| 58,743 0 58,743 109,270 |
|
| 0 0 90 0 0 0 83,679 83,679 84,391 1,200 1,200 1,200 0 0 1,396 0 -163 -163 4,927 |
|
| 84,879 -163 84,716 92,004 |
|
| -26,136 163 -25,973 17,266 |
|
| 498,220 26,802 525,022 507,756 -26,136 163 -25,973 17,266 |
|
| 472,084 26,965 499,049 525,022 |
Page 1
PAROCHIAL CHURCH COUNCIL OF ST. FRANCIS OF ASSISI, WEST WICKHAM
BALANCE SHEET AT 31ST. DECEMBER 2020
| Notes Fixed Assets Tangible Fixed Assets 5 Investments 6 Total Fixed Assets Current Assets Stock Debtors 8 Short term Deposits Cash at Bank Creditors: amounts due within one year 9 Net Current assets Total Assets less current liabilities Represented by: Parish Funds 7 Restricted 10 Unrestricted 10 |
228 8,568 48,716 69,950 |
2020 390,915 0 390,915 127,462 -19,328 108,134 499,049 26,953 472,096 499,049 |
2019 390,915 0 |
|---|---|---|---|
| 390,915 114 12,115 48,510 92,316 |
|||
| 153,055 -18,948 |
|||
| 134,107 | |||
| 525,022 | |||
| 26,789 498,233 |
|||
| 525,022 |
Approved by the Parochial Church Council on 23rd. March 2021 and signed on its behalf by:
Rev. Hazel O'Sullivan Vicar & PCC Chair
The accompanying notes form part of these financial statements
Page 2
PAROCHIAL CHURCH COUNCIL OF ST. FRANCIS OF ASSISI, WEST WICKHAM
Cash Flow Statement for the Year ended 31 December 2020
| 2020 | 2019 | |
|---|---|---|
| Net Cash from Operating Activities | ||
| Net Income | -22159 | -12721 |
| Adjustments for: | ||
| Decrease/(Increase) in Debtors | 3547 | 5154 |
| (Decrease)/Increase in Creditors | 380 | 4456 |
| Net cash provided by operating activities | -18232 | -3111 |
| Analysis of Cash | ||
| Cash | 19618 | 22039 |
| Deposits | 99048 | 118786 |
| 118666 | 140825 |
Page 3
PAROCHIAL CHURCH COUNCIL OF ST. FRANCIS OF ASSISI, WEST WICKHAM
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST. DECEMBER 2020
| 2 Income a Voluntary Income Planned Giving Collected at all services Other giving General Donations Other receipts Income Tax recoverable b Activities for generating funds Events Fabric Fund Sales Refreshments Grants Received Gift Day c Investment Income Interest d Income from Church Activities Church & Hall Lettings Fees from Weddings, etc. Parish Magazine e Income from Legacies Total Incoming Resources |
Unrestricted Restricted Total Total Funds Funds Funds Funds 2020 2019 £ £ £ £ 35,116 35,116 35,372 1,721 1,721 3,561 492 492 930 663 663 555 695 695 173 7,934 7,934 9,622 |
|---|---|
| 46,621 0 46,621 50,213 |
|
| 502 502 1,171 0 0 0 13 75 75 395 0 0 0 |
|
| 577 0 577 1,579 |
|
| 1,309 0 1,309 550 |
|
| 263 0 263 474 |
|
| 8,828 8,828 25,008 959 959 1,366 186 186 80 |
|
| 9,973 0 9,973 26,454 |
|
| 0 0 0 32,000 |
|
| 58,743 0 58,743 111,270 |
Page 4
PAROCHIAL CHURCH COUNCIL OF ST. FRANCIS OF ASSISI, WEST WICKHAM
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST. DECEMBER 2020
| 3 Expenditure a Costs of generating Voluntary Income Stewardship Costs b Fund-raising Trading Costs c Church Activities Ministry Costs Diocesan Parish Contribution Other Clergy Costs Church Running Expenses Upkeep of Services Honoria & Fees Church Hall Running Costs Church Repairs etc. Hall Repairs etc. d Gifts to Missions e Payments from Lighting Fund f Payments from Repairs Legacy g Governance Costs Independent Examination Fee Cost of Annual Accounts Total Resources Expended |
Unrestricted Restricted Total Total Funds Funds Funds Funds 2020 2019 £ £ £ £ 0 0 0 90 |
|---|---|
| 0 0 0 0 |
|
| 47,500 47,500 47,500 898 898 851 11,469 11,469 12,530 310 310 514 4,220 4,220 4,559 9,156 9,156 12,764 7,386 7,386 3,493 2,740 2,740 2,180 |
|
| 83,679 0 83,679 84,391 |
|
| 1,200 0 1,200 1,200 |
|
| 0 0 0 1,396 |
|
| 0 0 4,927 |
|
| 0 0 0 0 0 0 0 0 |
|
| 84,879 0 84,879 92,004 |
Page 5
PAROCHIAL CHURCH COUNCIL OF ST. FRANCIS OF ASSISI, WEST WICKHAM
-
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST. DECEMBER 2020 4 Staff Costs 2020 2019
-
a. Wages & Salaries £4,220 £4,559 Fees have been paid to 2 organists to cover services and choir rehearsals.
-
b. Payments to PCC members There were no disclosable transactions in respect of PCC members nor persons closely related to them nor other related parties.
-
5 Tangible Fixed Assets
| Cost or Valuation At 1st. January 2020 Additions Disposals Revaluation At 31st. December 2020 Deprecation At 1st. January 2020 Additions Disposals At 31st. December 2020 Net Book Values At 1st. January 2020 At 31st. December 2020 |
Freehold Land Church Hall Total & Buildings Contents £ £ £ 372,873 18,042 390,915 0 0 0 |
|---|---|
| 372,873 18,042 390,915 |
|
| 0 0 0 |
|
| 0 0 0 |
|
| 372,873 18,042 390,915 |
|
| 372,873 18,042 390,915 |
The Freehold Land & Buildings comprise the Church Hall. For accounting purposes, the value of this propert and it's contents are at the valuations made for insurance purposes in 2005.
6 Investments
There are no Investments.
- 7 Analysis of Net Assets by fund at 31st. December 2020
| Fixed Assets Current Assets Current Liabilities 8 Debtors Income Tax Recoverable Prepayments & accrued income Other debtors |
Unrestricted Funds £ 390,915 127,462 -19,328 |
Restricted Total Funds Funds £ £ 0 390,915 127,462 -19,328 |
|---|---|---|
| 499,049 | 0 499,049 |
|
| 2020 2019 £ £ 5,939 7,399 2,629 4,716 0 0 |
||
| 8,568 12,115 |
Page 6
PAROCHIAL CHURCH COUNCIL OF ST. FRANCIS OF ASSISI, WEST WICKHAM
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST. DECEMBER 2020
| 9 Creditors - Amounts falling due within one year Deferred income Accruals for utilities & other costs Other creditors |
2020 2019 £ £ 0 1,825 982 1,179 18,346 15,944 |
|---|---|
| 19,328 18,948 |
| 10 Statement of Funds Unrestricted Funds General Fund Legacies Fabric Fund Restricted Funds Lighting & Improvement Fund Church Repairs & Maintenance Fund Total Funds |
Bal b/fwd Income Expenditure Bal c/fwd 1.1.20 31.12.20 £ £ £ £ 351,833 58,743 84,879 325,697 125,172 0 0 125,172 21,227 0 0 21,227 |
|---|---|
| 498,232 58,743 84,879 472,096 |
|
| 13,601 0 0 13,601 13,188 164 0 13,352 |
|
| 26,789 164 0 26,953 |
|
| 525,021 58,907 84,879 499,049 |
The Unrestricted General Fund includes the valuation of the Church Hall Buildings & Contents of £390,915
11 Analysis of Running Costs & Maintenance of Church & Hall
| Heating & Lighting Cleaning Insurance Rates - General & Water Administration Maintenance Total |
Chu rch Ha ll 2020 2019 2020 2019 £ £ £ £ 3,145 4,402 2,945 4,488 1,100 1,225 4,436 6,261 3,955 3,940 1,489 1,515 148 95 286 499 3,121 2,868 0 0 7,386 3,494 2,740 2,180 |
|---|---|
| 18,855 16,024 11,896 14,943 |
12 Donations to the Church from PCC members during the year totalled 10063
Page 7
PAROCHIAL CHURCH COUNCIL OF ST. FRANCIS OF ASSISI, WEST WICKHAM
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST. DECEMBER 2020
| 13 Gifts to Charities Amounts paid to Charities OMF in Japan EarAid Nepal Anglican Eye Clinic Ghana Bromley Foodbank Action Aid CLIC Sargent Christian Aid Croydon Refugee Centre The Children's Society Demelza House Bromley & Croydon Women's Aid Bishop's Lent Appeal Polio Society 14 Fabric Fund Balance 1.1.20 Receipts Payments Balance 31.12.20 15 Lighting & Improvement Fund Balance 1.1.20 Receipts Payments Balance 31.12.20 16 Legacies Balance 1.1.20 Received in Year Expenditure in Year Balance 31.12.20 17 Church Repairs & Maintenance Fund (Legacy) Balance 1.1.19 Income Balance 31.12.19 Page 8 |
2020 £ 400 400 400 1197 0 0 0 0 131 0 0 0 0 2,528 |
2019 £ 400 400 400 0 3000 243 1369 243 608 168 162 335 200 |
|---|---|---|
| 7,528 | ||
| Unrestricted £ 21,228 0 |
||
| 21,228 0 |
||
| 21,228 | ||
| Restricted £ 13,601 |
||
| 13,601 | ||
| 13,601 | ||
| Unrestricted £ 125,172 0 |
||
| 125,172 0 |
||
| 125,172 | ||
| Restricted 13,188 164 |
||
| 13,352 | ||
ST. FRANCIS OF ASSISI WEST WICKHAM PAROCHIAL CHURCH COUNCIL Charity No: 1134856
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST. DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF ST. FRANCIS OF ASSISI, WEST WICKHAM
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST. DECEMBER 2020
| Notes Incoming Resources Voluntary Income 2a Activities for generating funds 2b Income from investments 2c Church activities 2d Legacies 2e Total Incoming Resources Resources Expended Costs of generating voluntary income 3a Fund-raising trading costs 3b Church activities 3c Missions 3d Payments from Lighting Fund 15 Payments from Repairs Legacy 17 Total Resources Expended Net Movement in Funds Total Funds brought forward at 1st. January 2020 Net Movement of Funds for year Total Funds carried forward at 31st. December 2020 |
Unrestricted Restricted Total Total Funds Funds Funds Funds 2020 2019 46,621 46,621 50,213 1,886 1,886 2,129 263 263 474 9,973 9,973 26,454 0 0 30,000 |
|---|---|
| 58,743 0 58,743 109,270 |
|
| 0 0 90 0 0 0 83,679 83,679 84,391 1,200 1,200 1,200 0 0 1,396 0 -163 -163 4,927 |
|
| 84,879 -163 84,716 92,004 |
|
| -26,136 163 -25,973 17,266 |
|
| 498,220 26,802 525,022 507,756 -26,136 163 -25,973 17,266 |
|
| 472,084 26,965 499,049 525,022 |
Page 1
PAROCHIAL CHURCH COUNCIL OF ST. FRANCIS OF ASSISI, WEST WICKHAM
BALANCE SHEET AT 31ST. DECEMBER 2020
| Notes Fixed Assets Tangible Fixed Assets 5 Investments 6 Total Fixed Assets Current Assets Stock Debtors 8 Short term Deposits Cash at Bank Creditors: amounts due within one year 9 Net Current assets Total Assets less current liabilities Represented by: Parish Funds 7 Restricted 10 Unrestricted 10 |
228 8,568 48,716 69,950 |
2020 390,915 0 390,915 127,462 -19,328 108,134 499,049 26,953 472,096 499,049 |
2019 390,915 0 |
|---|---|---|---|
| 390,915 114 12,115 48,510 92,316 |
|||
| 153,055 -18,948 |
|||
| 134,107 | |||
| 525,022 | |||
| 26,789 498,233 |
|||
| 525,022 |
Approved by the Parochial Church Council on 23rd. March 2021 and signed on its behalf by:
Rev. Hazel O'Sullivan Vicar & PCC Chair
The accompanying notes form part of these financial statements
Page 2
PAROCHIAL CHURCH COUNCIL OF ST. FRANCIS OF ASSISI, WEST WICKHAM
Cash Flow Statement for the Year ended 31 December 2020
| 2020 | 2019 | |
|---|---|---|
| Net Cash from Operating Activities | ||
| Net Income | -22159 | -12721 |
| Adjustments for: | ||
| Decrease/(Increase) in Debtors | 3547 | 5154 |
| (Decrease)/Increase in Creditors | 380 | 4456 |
| Net cash provided by operating activities | -18232 | -3111 |
| Analysis of Cash | ||
| Cash | 19618 | 22039 |
| Deposits | 99048 | 118786 |
| 118666 | 140825 |
Page 3
PAROCHIAL CHURCH COUNCIL OF ST. FRANCIS OF ASSISI, WEST WICKHAM
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST. DECEMBER 2020
| 2 Income a Voluntary Income Planned Giving Collected at all services Other giving General Donations Other receipts Income Tax recoverable b Activities for generating funds Events Fabric Fund Sales Refreshments Grants Received Gift Day c Investment Income Interest d Income from Church Activities Church & Hall Lettings Fees from Weddings, etc. Parish Magazine e Income from Legacies Total Incoming Resources |
Unrestricted Restricted Total Total Funds Funds Funds Funds 2020 2019 £ £ £ £ 35,116 35,116 35,372 1,721 1,721 3,561 492 492 930 663 663 555 695 695 173 7,934 7,934 9,622 |
|---|---|
| 46,621 0 46,621 50,213 |
|
| 502 502 1,171 0 0 0 13 75 75 395 0 0 0 |
|
| 577 0 577 1,579 |
|
| 1,309 0 1,309 550 |
|
| 263 0 263 474 |
|
| 8,828 8,828 25,008 959 959 1,366 186 186 80 |
|
| 9,973 0 9,973 26,454 |
|
| 0 0 0 32,000 |
|
| 58,743 0 58,743 111,270 |
Page 4
PAROCHIAL CHURCH COUNCIL OF ST. FRANCIS OF ASSISI, WEST WICKHAM
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST. DECEMBER 2020
| 3 Expenditure a Costs of generating Voluntary Income Stewardship Costs b Fund-raising Trading Costs c Church Activities Ministry Costs Diocesan Parish Contribution Other Clergy Costs Church Running Expenses Upkeep of Services Honoria & Fees Church Hall Running Costs Church Repairs etc. Hall Repairs etc. d Gifts to Missions e Payments from Lighting Fund f Payments from Repairs Legacy g Governance Costs Independent Examination Fee Cost of Annual Accounts Total Resources Expended |
Unrestricted Restricted Total Total Funds Funds Funds Funds 2020 2019 £ £ £ £ 0 0 0 90 |
|---|---|
| 0 0 0 0 |
|
| 47,500 47,500 47,500 898 898 851 11,469 11,469 12,530 310 310 514 4,220 4,220 4,559 9,156 9,156 12,764 7,386 7,386 3,493 2,740 2,740 2,180 |
|
| 83,679 0 83,679 84,391 |
|
| 1,200 0 1,200 1,200 |
|
| 0 0 0 1,396 |
|
| 0 0 4,927 |
|
| 0 0 0 0 0 0 0 0 |
|
| 84,879 0 84,879 92,004 |
Page 5
PAROCHIAL CHURCH COUNCIL OF ST. FRANCIS OF ASSISI, WEST WICKHAM
-
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST. DECEMBER 2020 4 Staff Costs 2020 2019
-
a. Wages & Salaries £4,220 £4,559 Fees have been paid to 2 organists to cover services and choir rehearsals.
-
b. Payments to PCC members There were no disclosable transactions in respect of PCC members nor persons closely related to them nor other related parties.
-
5 Tangible Fixed Assets
| Cost or Valuation At 1st. January 2020 Additions Disposals Revaluation At 31st. December 2020 Deprecation At 1st. January 2020 Additions Disposals At 31st. December 2020 Net Book Values At 1st. January 2020 At 31st. December 2020 |
Freehold Land Church Hall Total & Buildings Contents £ £ £ 372,873 18,042 390,915 0 0 0 |
|---|---|
| 372,873 18,042 390,915 |
|
| 0 0 0 |
|
| 0 0 0 |
|
| 372,873 18,042 390,915 |
|
| 372,873 18,042 390,915 |
The Freehold Land & Buildings comprise the Church Hall. For accounting purposes, the value of this propert and it's contents are at the valuations made for insurance purposes in 2005.
6 Investments
There are no Investments.
- 7 Analysis of Net Assets by fund at 31st. December 2020
| Fixed Assets Current Assets Current Liabilities 8 Debtors Income Tax Recoverable Prepayments & accrued income Other debtors |
Unrestricted Funds £ 390,915 127,462 -19,328 |
Restricted Total Funds Funds £ £ 0 390,915 127,462 -19,328 |
|---|---|---|
| 499,049 | 0 499,049 |
|
| 2020 2019 £ £ 5,939 7,399 2,629 4,716 0 0 |
||
| 8,568 12,115 |
Page 6
PAROCHIAL CHURCH COUNCIL OF ST. FRANCIS OF ASSISI, WEST WICKHAM
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST. DECEMBER 2020
| 9 Creditors - Amounts falling due within one year Deferred income Accruals for utilities & other costs Other creditors |
2020 2019 £ £ 0 1,825 982 1,179 18,346 15,944 |
|---|---|
| 19,328 18,948 |
| 10 Statement of Funds Unrestricted Funds General Fund Legacies Fabric Fund Restricted Funds Lighting & Improvement Fund Church Repairs & Maintenance Fund Total Funds |
Bal b/fwd Income Expenditure Bal c/fwd 1.1.20 31.12.20 £ £ £ £ 351,833 58,743 84,879 325,697 125,172 0 0 125,172 21,227 0 0 21,227 |
|---|---|
| 498,232 58,743 84,879 472,096 |
|
| 13,601 0 0 13,601 13,188 164 0 13,352 |
|
| 26,789 164 0 26,953 |
|
| 525,021 58,907 84,879 499,049 |
The Unrestricted General Fund includes the valuation of the Church Hall Buildings & Contents of £390,915
11 Analysis of Running Costs & Maintenance of Church & Hall
| Heating & Lighting Cleaning Insurance Rates - General & Water Administration Maintenance Total |
Chu rch Ha ll 2020 2019 2020 2019 £ £ £ £ 3,145 4,402 2,945 4,488 1,100 1,225 4,436 6,261 3,955 3,940 1,489 1,515 148 95 286 499 3,121 2,868 0 0 7,386 3,494 2,740 2,180 |
|---|---|
| 18,855 16,024 11,896 14,943 |
12 Donations to the Church from PCC members during the year totalled 10063
Page 7
PAROCHIAL CHURCH COUNCIL OF ST. FRANCIS OF ASSISI, WEST WICKHAM
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST. DECEMBER 2020
| 13 Gifts to Charities Amounts paid to Charities OMF in Japan EarAid Nepal Anglican Eye Clinic Ghana Bromley Foodbank Action Aid CLIC Sargent Christian Aid Croydon Refugee Centre The Children's Society Demelza House Bromley & Croydon Women's Aid Bishop's Lent Appeal Polio Society 14 Fabric Fund Balance 1.1.20 Receipts Payments Balance 31.12.20 15 Lighting & Improvement Fund Balance 1.1.20 Receipts Payments Balance 31.12.20 16 Legacies Balance 1.1.20 Received in Year Expenditure in Year Balance 31.12.20 17 Church Repairs & Maintenance Fund (Legacy) Balance 1.1.19 Income Balance 31.12.19 Page 8 |
2020 £ 400 400 400 1197 0 0 0 0 131 0 0 0 0 2,528 |
2019 £ 400 400 400 0 3000 243 1369 243 608 168 162 335 200 |
|---|---|---|
| 7,528 | ||
| Unrestricted £ 21,228 0 |
||
| 21,228 0 |
||
| 21,228 | ||
| Restricted £ 13,601 |
||
| 13,601 | ||
| 13,601 | ||
| Unrestricted £ 125,172 0 |
||
| 125,172 0 |
||
| 125,172 | ||
| Restricted 13,188 164 |
||
| 13,352 | ||