##
##
|||||
|---|---|---|---|
|Contents|||Page|
|Annual
Report ofthe Parochial|Church|Council|1-6|
|Independent
Examiners'
Report||||
|Statement of Financial
Activities||||
|Balance Sheet||||
|Statement of Cash Flows|||10|
|Notes to the Financial Statements|||11-21|
##
##
|Chairman:||||The Rev'd Alan Gyle —Vicar ofthe Parish t|The Rev'd Alan Gyle —Vicar ofthe Parish t|
|---|---|---|---|---|---|
|Churchwardens:||||Lorna Gradden t (Loy co-chair)||
|||||Robert Clouston|t|
|Secretary;||||Philip Davies||
|Treasurer:||||Noel Craven
t||
|Electoral|Roll Officer:|||lago Griffith||
|Safeguarding||Officer:||David Hayton||
|Children's|Advocate:|||Virginia
Craven||
|0 denotes|Standing||Committee
member|||
|PCC Members:||||||
|Until APCM||2020||Bramble Badenach-Nicolson||
|||||Lorraine Bondarenko||
|||||William
Cudmore||
|||||Lorna Gradden|t|
|||||Christopher
Stephens t||
|Until APCM||2021||Roland Brunner||
|||||Patricia Dopheide||
|||||Thomas
Tull||
|||||Rachel Vosper||
|||||John White||
|Until APCM||2022||Noel Craven t||
|||||David Hayton||
|||||Anna Keighley 0||
|||||Melissa Longley||
|||||Robert Thomas||
|Lintil APCM||2023||Serena Butt||
|||||Tempe Brickhill||
|||||Sophia Galitzine||
|||||Aidan
Linton-Smith||
|||||Rupert Powell||
##
|Un tii 31*'Moy 2020|Serena Butt|
|---|---|
||Caroline Docker|
||Gardenia
Griffith|
||Sarah Tytherleigh|
|Until 31"Moy 2023|Philip Davies|
||Caroline Docker|
||Gardenia
Griffith|
||Christopher
Stephens|
||John White|
##
##
##
|Church a|ttendanc|ttendanc|ttendanc|e|e|e|||||
|---|---|---|---|---|---|---|---|---|---|---|
|The parish|Electoral|||Roll stood at 263 at the year-end.|||Average|Sunday attendance|is currently|13Speople.|
|Advisers|||||||||||
|Bankers|||||C Hoare & Co||||||
||||||32 Lowndes Street||||||
||||||London||||||
||||||SW1X9HZ||||||
|Independent||Examiners|||Jacob Cavenagh|LSkeet|||||
||||||S Robin Hood Lane||||||
||||||Sutton||||||
||||||Surrey SM1 2SW||||||
|Correspondence|||Address||The Parish Office||||||
||||||32a Wilton Place||||||
||||||London||||||
||||||SW1X 9SH||||||
##
##
##
##
##
##
##
##
|Potential|Risk|Risk||Potential
Impact|||||Steps to mitigate
risk|Steps to mitigate
risk|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Security|of|assets||~ loss or damage|||||~ review security arrangements||||||||
|||||~ theft ofassets|||||~ asset register
and|inspection||programme|||||
||||||||||~ review insurance|cover|||||||
|Fund-raising||||~ unsatisfactory
returns|||||~ implement
appraisal,||budgeting||and||authorisation||
|||||~ lower number ofdonations|||due||procedures||||||||
|||||to COVID pandemic|||||~ review regulatory|compliance|||||||
|||||~ reputational
risks of campaign||||or|~ monitor the adequacy||offinancial|||returns
achieved|||
|||||methods
used|||||~ stewardship
review||||||||
|||||~ actions ofagents and|commercial||||||||||||
|||||fund-raisers|||||||||||||
|||||~ compliance
with law|and||||||||||||
|||||regulation|||||||||||||
|Disaster|recovery||and|~ computer
system failures or loss|||||~ agree ITrecovery|plan|||||||
|planning||||of data|||||~ implement
data back||up procedures||||and security||
|||||~ destruction
of property,|||||measures||||||||
|||||equipment,
records through|||fire,||~ review insurance|cover|||||||
|||||flood or similar damage|||||~ create disaster recovery plan||||||||
|Cash flow sensitivities||||~ inability to meet commitments|||||~ ensure adequate|cash|flow projections|||||(prudence of|
|||||~ lack of liquidity to cover variance|||||assumptions)||||||||
|||||in costs|||||~ identify major sensitivities||||||||
|||||~ impact on operational||activities|||~ ensure adequate|information||flow||from||operational|
||||||||||managers||||||||
||||||||||~ monitor arrangements||and reporting||||||
|Building|facilities||not|~ reduction
in use of building|||by||~ focus on fundraising
efforts for||||the|capital appeal|||
|suitable for meeting||||third parties resulting
in||reduced|||||||||||
|needs of|potential||hirers|income|||||||||||||
|in light of COVID-19|||||||||||||||||
|Ongoing|social|||~ reduced
opportunity|for larger||||~ review fundraising|and stewardship|||||methods||
|distancing||requirements||fundra ising events|||||||||||||
##
##
##
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||||2020|||2019||
|---|---|---|---|---|---|---|---|
||Note|||||||
|Fixed assets||||||||
|Tangible fixed assets||||81,087|||90,370|
|Current assets||||||||
|Debtors||51,283|||48,045|||
|Cash at bank and in Hand||151316|||~134359|||
|||202,599|||182,404|||
|Creditors||||||||
|Amounts
falling due within one year|8|89083|||100301|||
|Net current assets||||~113516|||82 103|
|Net assets||||~4|||172473|
|Parish Funds||||||||
|Unrestricted|9|||276,950|||287,891|
|Restricted|10|||(92,347)|||(125,418)|
|Endowment|10|||10000|||10000|
|||||4 03|||172473|
||||2020|||2019||
|---|---|---|---|---|---|---|---|
|Cash from operating
activities (see|below)|||16,900|||101,669|
|Cash flows from investing
activities||||||||
|Interest receivable||57|||309|||
|Payments
to acquire tangible fixed|assets||||(8 146)|||
|Cash from/(used
in) investing
activities||||57|||(7837)|
|Net cash inflow||||16,957|||93,832|
|Cash and cash equivalents
at 1January 2020||||~134359|||~40 527|
|Cash and cash equivalents
at31December 2020||||1 1 1|||134359|
|Cash used in operating
activities||||||||
|Net income/(expenditure)||||22,130|||160,173|
|Interest received shown
in investing|activities|||(57)|||(309)|
|Depreciation||||9,283|||14,527|
|Decrease/(increase)
in debtors||||(3,238)|||14,596|
|Increase/(decrease)
in creditors||||(~11218|||(~87 318|
|||||1 900|||~102 669|
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2020|2019|
|||||f|f|f|f|
|2(a)|Voluntary
income|||||||
||Gift Aid donations|||145,882||145,882|141,177|
||Legacies||||||335|
||Grants awarded|||7,328||7,328||
||Other donations|||50,857||50,857|72,115|
||Income Tax Recovered|||38,078||38,078|36,191|
||Collections
(Open|Plate)||3,824||3,824|15,123|
||Lent Appeal||||2,259|2,259|1,998|
||Capital project fund||||38,209|38,209|158,120|
||Mental
Health
First Aid||Programme||||9,375|
||John King Church|Plate Fund|||||10,000|
||Dunhill
Medical Trust income||||55|55||
||QUEST income||||16,000|16,000||
||Sundry
Donations|and Appeals|||35 260|35 260|42 169|
|||||245 969|91783|337752|486 603|
|2(b)|Investments|||||||
||Bank Interest
Receivable||(UK)|57||57|309|
|||||57||57|309|
|2(c)|Church activities|||||||
||Weddings
and Blessings|||1,010||1,010|5,138|
||Funerals
and Memorials|||3,931||3,931|9,945|
||Special Service Music Fees|||17,541||17,541|42,549|
||Church
Lettings|||10,275||10,275|36,843|
||Hall Lettings|||3,200||3,200|11,871|
||Pioductlon
costs|||20,500||20,500||
||Other Income|||110||110|2 195|
|||||56567||56567|108541|
|2(d)|Activities for generating||funds|||||
||Car Park Income|||48,540||48,540|32,258|
||Network
rental income|||16,731||16,731|16,731|
||Insurance
claims|||812||812||
||Events|||190||190|9117|
|||||~66 273||66 273|58 106|
|||||13||||
|2|INCOME (continued)|INCOME (continued)|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|2(e)||Other income|||||||||||
|||Government
grants||receivable|||—CJRS||9348||9348||
||||||||||9348||9348||
|||Total income|||||||378214|91783|4~69 9 7|653 559|
|3|EXPENDITURE||||||||||||
||||||||||Unrestricted|Restricted|Total|Tota I|
||||||||||Funds|Funds|2020|2019|
||||||||||E|E|E|E|
|3(a)||Raising Funds|||||||||||
|||Fundraising|||||||~1170||1170|2 032|
||||||||||1170||1170|2 032|
|3(b)||Church Activities|||||||||||
|||Grants
—Lent Appeal||||||||2,259|2,259|2,160|
|||Grants —Westminster|||schools||||1,606||1,606||
|||Common
Fund|||||||93,750||93,750|92,500|
|||Incumbent
Costs|||||||543||543|652|
|||Vicarage Expenses|||||||2,553||2,553|2,534|
|||Assistant Staff- Non-Stipendiary|||||||4,800||4,800|6,600|
|||Church
Running
Costs|||||||23,712||23,712|18,306|
|||Church
Maintenance|||||||18,255||18,255|20,860|
|||Upkeep ofServices|||||||3,009||3,009|4,931|
|||Hall Costs|||||||5,402||5,402|3,089|
|||Music Staff8 Choir|||||||64,860||64,860|59,695|
|||Special Service Music|||Fees||||18,954||18,954|40,732|
|||Ha I I Re nta I|||||||17,346||17,346|17,880|
|||Staff Costs|||||||113,659||113,659|110,119|
|||Parish Office Expenses|||||||27,890||27,890|47,469|
|||Other Support Costs|||||||2,017||2,017|4,764|
|||Other Professional||Services|||||9,274||9,274|13,816|
|||Programme
Costs|||||||4,272||4,272|569|
|||Independent
Examination||||and|accou|ntancy|5,510||5,510|4,750|
|||Video Production|Costs||||||12,290||12,290||
|||Vicar's discretionary||||||||574|574|2,750|
|||Capital Project||||||||||365|
|||Music Appeal||||||||4,200|4,200|19,962|
|||Mental
Health
First||Aid Programme||||||679|679|824|
|||John Kings Church|Plate|||||||||1,500|
|||Depreciation|||||||9 283||9 283|~14527|
||||||||||438985|~7712|446 697|~491354|
|||Total expenditure|||||||4~40 155|7712|4~478 7||
##
||||||2020|2019|
|---|---|---|---|---|---|---|
||||||E|f|
|Wages and|salaries||||89,132|85,181|
|Pension costs|||||7,216|5,827|
|Social security costs|||||6,717|7,777|
|Redundancy|costs (included|when|legal agreement|is reached)|4 580||
||||||107645|98785|
##
|The PCC made the|following
charitable|grants during the year:|2020
f|2019
f|
|---|---|---|---|---|
|Westminster
Deanery Schools|||1,606||
|Bishop of London's|Lent Appeal||~2259|~2160|
|Total grants|||3 865|2 160|
##
||Leasehold|Improvements||Moveable|Furniture,||
|---|---|---|---|---|---|---|
||church|to basement|Organ|church|fittings &||
||hall
f|flat
f|restoration
f|furnishings
f|equipment
f|Total
f|
|Cost or Valuation|||||||
|At 1stJanuary 2020|100,000|13,190|137,870|19,695|186,383|457,138|
|Additions|||||||
|At 31st December 2020|100000|13190|~137870|19695|~186383|457 138|
|Depreciation|||||||
|At 1stJanuary 2020|35,293|13,190|135,806|12,514|169,965|366,768|
|Charge for the year|~1471||2 064|1082|4 666|~9283|
|At 31st December 2020|~36764|13190|137870|13 596|174631|~376051|
|Net BookValue|||||||
|At 31st December 2020|63 236|||6099|11752||
|At 31st December 2019|64 707||2 064|7181|16418|90370|
##
|||2020|2019|
|---|---|---|---|
|||E|f|
|Income tax recoverable||13,612|4,034|
|Other debtors||29,237|33,113|
|Prepayments|and accrued income|~8434
51283|10898
~5|
##
||2020|2019|
|---|---|---|
||E|E|
|Other creditors|15,962|15,691|
|Accruals and deferred income|70,378|81,853|
|Social security and other taxes|2 743|2 757|
|||100301|
##
||||||Total|
|---|---|---|---|---|---|
||||General|Fixed Asset|Unrestricted|
||||Fund|Fund|Funds|
||||2020|2020|2020|
||||E|E|E|
|Income|||378,214||378,214|
|Expenditure|||(430872)|(9283)|L4440155|
|Net income/(expenditure)|||(52,658)|(9,283)|(61,941)|
|Transfers|||~51000||51000|
|Net movement|in funds||(1,658)|(9,283)|(10,941)|
|Balance brought|forward|at 1"January 2020|197521|~90370|287891|
|Balance carried|forward|at 31"December 2020|~1958 3|82 087|276 950|
##
|||||Total|
|---|---|---|---|---|
|||Genera
I|Fixed Asset|Unrestricted|
|||Fund|Fund|Funds|
|||2019|2019|2019|
|||E|E|E|
|Income||431,750||431,750|
|Expenditure||~451298|14527|(4465 882255|
|Net income/(expenditure)||( 19,548)|(14,527)|( 34,075)|
|Transfers||3214|26 923|~30 137|
|Net movement|in funds|( 16,334)|12,396|( 3,938)|
|Balance brought|forward at 1n January 2019|213855|77 974|291829|
|Balance carried|forward at31"December 2019|197521|90370||
##
|||||Brought|Income|Expenditure|Expenditure|Expenditure|Transfers|Carried|
|---|---|---|---|---|---|---|---|---|---|---|
|||||forward||||||forward|
|||||2020|2020|2020|||2020|2020|
|||||E|E||E||E|E|
|Restricted
Funds|||||||||||
|Dunhill
Medical|Trust|||1,693|55|||||1,748|
|Eric Day Fund||||34,702||||||34,702|
|Vicar's Discretionary|||fund|10,791|||(|574)||10,217|
|Music Fund||||8,690|35,260||( 4,200)||(35,000)|4,750|
|Capital project|fund|||(198,345)|38,209|||||(160,136)|
|John King Church||Plate Fund||8,500||||||8,500|
|QUEST fund|||||16,000||||(16,000)||
|Mental
Health|First Aid Programme|||8,551||(||679)||7,872|
|Lent Appeal|||||2 259|(|2|259)|||
|||||(125418)|91783|(|7|712)|~51000|(92347)|
##
|||||Brought|Income|Expenditure|Expenditure|Expenditure|Transfers|Transfers|Carried|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||forward|||||||forward|
|||||2019|2019|2019|||2019||2019|
|||||E|E||E||E||E|
|Restricted
Funds||||||||||||
|Dunhill
Medical|Trust|||1,546|147||||||1,693|
|Eric Day Fund||||34,702|||||||34,702|
|Vicar's Discretionary|||fund|11,268|2,273|(|2,750)||||10,791|
|Music Fund||||19,055|37,597|(|19,962)||( 28,000)||8,690|
|Capital project|fund|||(356,100)|158,120|(||365)|||(198,345)|
|John
King Church||Plate Fund|||10,000|(|1,500)||||8,500|
|Moira Stations|oft|The Cross project||||||||||
|OFCOM Fund|||||2,299||||( 2,299)|||
|Mental
Health|First Aid Programme||||9,375|(||824)|||8,551|
|Lent Appeal|||||1998|(|2|160)||162||
||||||~21809|(|27|561)|( 30|137)|(1RL618)|
|||||Brought|Income|Expenditure|||Transfers||Carried|
|||||forward|||||||forward|
|||||2020|2020|2020|||2020||2020|
|||||E|E||E||E||E|
|Endowment
Funds||||||||||||
|Dunhill
Capital|Fund|||10000|||||||10000|
|||||Brought|Income|Expenditure|||Transfers||Carried|
|||||forward|||||||forward|
|||||2019|2019|2019|||2019||2019|
|||||E|f||E||E||E|
|Endowment
Funds||||||||||||
|Dunhill
Capital|Fund|||~10000|||||||10000|
##
##
##
##
##
##
##
##
##
|||Unrestricted|Restricted|Endowment||
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Total|
|||2020|2020|2020|2020|
|||E|E|E|E|
|Fixed assets||81,087|||81,087|
|Current|assets|284,946|(92,347)|10,000|202,599|
|Current|liabilities|( 89083)
276 950|(92347)||(~89083)
~03|
|||Unrestricted|Restricted|Endowment||
|||Funds|Funds|Funds|Total|
|||2019|2019|2019|2019|
||||E|E|E|
|Fixed assets||90,370|||90,370|
|Current|assets|297,822|(125,418)|10,000|182,404|
|Current|liabilities|( 100301)
~29|(~141 )||( 100301)
~17247|
##
||||2020|2019|
|---|---|---|---|---|
||||E|E|
|Within one year|||20,601|25,193|
|After one year|but within|five years|~34 643|55 244|
||||55 244|80437|
|The operating|lease charges for the year were:||||
|Land|||17,321|17,321|
|Other|||3 280|7 872|
||||20601|25 193|
##