| Total | Total | Total | Total | Total | |||
|---|---|---|---|---|---|---|---|
| Notes | Unrestricted | Restricted | Endowment | Funds | Funds | ||
| Funds | Funds | Funds | 2020 | 2019 | |||
| INCOME A1VDENDOWMENTS | |||||||
| Voluntary Income |
114,628 | 6,128 | 120,75 | 139,972 | |||
| Activities for~crating | Fun'ds | 23,724 | 23,724 | 27,765 | |||
| Income from Investments | 4,725 | 1@98 | 10 | 6,133 | 7,443 | ||
| Income from Church Activities | 3,641 | 3,641 | 6,260 | ||||
| Other Income | |||||||
| TOTAL INCOME | 146718 | 7526 | 10 | 154 54 | 181440 | ||
| EXPENDITURE | |||||||
| Church Activities | 143,928 | 15„274 | 340 | 159,542 | 258,412 | ||
| Cost ofRaising Funds | 447 | 447 | 2„822 | ||||
| Other Expenditure | 4,882 | 4,882 | 6,801 | ||||
| TOTAL EXI'ENDITURE | 149257 | 15274 | 340 | 164871 | 268036 | ||
| NETINCOM&(EXPENDITURE) | |||||||
| BEFOREINVESTMENT GAINS | (2,539) | (7,749) | (330) | (10,617 | (86,596) | ||
| GAINSl(LOSSES)ON INVESTMENTS | 5b | (3,558) | (3,558 | 22,320 | |||
| NETINCOME /(EXI'ENDITURE) | 609 | 7749 | 330 | 1417 | 64276 | ||
| TRANSFERS BETWEENFUlVDS | 462 | (462) | |||||
| NETMOVEMENT INFUNDS | (5,634) | (8,211) | (330) | (14,175) | (64,276) | ||
| FUND BALANCESASA | T31stDECEMBER2019 | 204,973 | 59,558 | 395 | 264,926 | 329,202 | |
| FUND BALANCES ASA | T31stDECEMBER2020 | 199 39 | 51347 | 65 | 250751 | 264 926 |
| Unrestricted | Restricted | Ettdowment | Total | Total | |
|---|---|---|---|---|---|
| funds | funds | funds | 2020 | 2019 | |
| Voluntary Income |
|||||
| Planned Giving |
69,718 | 0 | 69,718 | 76,672 | |
| Tax Recoverable on Gift Aid | 16,814 | 16,814 | 19,580 | ||
| Collections (Open Plate) | 1,966 | 1,966 | 9,313 | ||
| Sundry Donations | 10,681 | 10,681 | 4,573 | ||
| Specific Donations | 0 | 0 | |||
| Specific Collections | 68 | 68 | 4,422 | ||
| Donations to other funds | 450 | 6,060 | 0 | 6,510 | 18,251 |
| Legacies | 15,000 | 15,000 | 7,160 | ||
| Grants | 0 | 0 | |||
| Total | 114,628 | 6,128 | 0 | 120,757 | 139,972 |
| Activities for generating funds |
|||||
| Fundraising &Social Events |
637 | 637 | 7,423 | ||
| Church Hall Lettings | 23,087 | 23,087 | 20,342 | ||
| Total | 23,724 | 0 | 23,724 | 27,765 | |
| Income &om Investments | |||||
| Interest and Dividends | 4,725 | 1,398 | 10 | 6,133 | 7,443 |
| Total | 4,725 | 1,398 | 10 | 6,133 | 7,443 |
| Income from Church activities | |||||
| PCC and Office Administration | 0 | 0 | 1,202 | ||
| Fees Receivable (Statutory) | 2,693 | 2,693 | 2,682 | ||
| Parish Events and Training | 290 | 290 | 98 | ||
| Donations towards Church Maintenance |
658 | 658 | 2,278 | ||
| Total | 3,641 | 0 | 3,641 | 6,260 | |
| TOTAL INCOME | 146,718 | 7,526 | 10 | 154,254 | 181,440 |
| Unrestricted | Restricted | Endowment | Total | Total | ||
|---|---|---|---|---|---|---|
| funds | funds | funds | 2020 | 2019 | ||
| Church Activities | ||||||
| Missions &Charitable | giving | 8,250 | 8,250 | 8,552 | ||
| Parish Support | 88,500 | 88,500 | 88,000 | |||
| Clergy Working Expenses | 1,620 | 1,620 | 2,204 | |||
| Salaries, Locum fees &,Bursaries | 20,541 | 20,541 | 22,418 | |||
| Church Utilities and insurance | 8,527 | 8,527 | 9,553 | |||
| Hall Cleaning, Supplies |
&Maintenance | 5,102 | 5,102 | 3,210 | ||
| Hall Utilities, Insurance | &Ground rent | 1,563 | 1,563 | 3,588 | ||
| Hall Lease amortisation | 250 | 250 | 250 | |||
| Church, Churchyard & Upkeep ofServices |
Vicarage Maintenance | 1,947 4,738 |
1,947 4,738 |
3,585 2,696 |
||
| Sunday School &Fish Group | 1,340 | 1,340 | 1,299 | |||
| Parish Events &Training | 487 | 487 | 807 | |||
| Other project expenditure | 547 | 547 | 3,453 | |||
| Specific collections | 248 | 248 | 3,352 | |||
| Flowers | 516 | 516 | 1,057 | |||
| Music | 87 | 87 | 51 | |||
| Hall repairs | 0 | 50,231 | ||||
| Hall refurbishment | 9,903 | 9,903 | 47,818 | |||
| Fabric and Furnishing | 5,036 | 5,036 | 4,635 | |||
| Projects (Restricted) | 0 | 0 | 1,478 | |||
| Alms | 340 | 340 | 176 | |||
| Total | 143,928 | 15,274 | 340 | 159,542 | 258,412 | |
| Raising Funds | ||||||
| Stewardship Expenses |
134 | 134 | 170 | |||
| Fundraising &Social Events |
314 | 314 | 2,652 | |||
| Total | 447 | 0 | 447 | 2,822 | ||
| Other | ||||||
| PCC &Office Administration | 2,949 | 2,949 | 4,868 | |||
| Independent Examiners |
Fee | 1,500 | 1,500 | 1,500 | ||
| Depreciation &Amortisation | 433 | 433 | 433 | |||
| Total | 4,882 | 0 | 4s882 | 6,801 | ||
| TOTAL EXPENDITURE | 149,257 | 15,274 | 340 | 164,871 | 268,036 |
| 4.STAFFCOSTSAND OTHER MATTERS | 2020 | 2019 |
|---|---|---|
| Wages &Salaries | f20,668 | K21,537 |
| Pension costs | f824 | f,803 |
| Social Security Costs | 5.0 | KO |
| f21,492 | 822,340 |
| a) Tangible Fixed Assets | Leasehold Land & Buildings |
Church Equipment |
Total | |
|---|---|---|---|---|
| COST | At 31December 2019 | f.15,700 | %10,926 | f26,626 |
| Additions | XO | |||
| Disposals | KO | |||
| At 31December 2020 | E15,700 | f10,926 | f26,626 | |
| DEPRECIATION | At 31December 2019 | K3,250 | K9,193 | f,12,443 |
| Disposals | KO | |||
| Charge for the Year | f250 | f433 | f683 | |
| At 31December 2020 | K3,500 | K9,626 | 213,126 | |
| NET BOOKVALUE | At 31December 2019 At 31December 2020 |
X12,450 f12,200 |
K1,732 K1,299 |
5.14,182 f13,499 |
| MUG Investm | ents Charifund - 5,529units (2019- 5,529units) |
||||
|---|---|---|---|---|---|
| MdkG | |||||
| CBFGlobal | Equity | Investments | TOTAL | ||
| Charifund | |||||
| Market value | at 31December 2019 | f65,046 | f91,820 | f156,866 | |
| Purchase | XO | ||||
| Net gain/(loss) | on disposal | XO | |||
| Net gain/(loss) on annual revaluation Disposal ofassets |
f12,372 | (615,930) | (K3,558) KO |
||
| Market value | at31December 2020 | f77,418 | 275,889 | K153,308 | |
| 6.'DEBTORS | 2020 | 2019 | |||
| Amounts due from HM Revenue &Customs (TaxRecoverable on Gift |
K6,269 | K7,918 | |||
| Prepayments and Accrued Income |
K1,170 | K1,632 | |||
| Other Debtors | 110,000 | KO | |||
| f,17,439 | K9,550 | ||||
| 7.CURRENT | ASSETINVESTMENTS - UK | 2020 | 2019 | ||
| COIF Charities | Deposit Fund | f,1,000 | Z1,000 | ||
| Virgin Money Total invested |
Deposit Account | K22,458 f23,458 |
f42,300 f43,300 |
||
| 8.LIABILITIES:Amounts falling due within one year |
2020 | 2019 | |||
| Accruals and Deferred Income | K2,288 | K3,879 | |||
| Creditors for Goods and Services | KO | KO | |||
| Amounts due for Charitable Giving |
f,0 | KO | |||
| K2,288 | K3,879 |
| 9. FUNDS continued | 9. FUNDS continued | ||||||
|---|---|---|---|---|---|---|---|
| FUND VALUES as at31stDecember 2020 | b/f | income | expenditure | transfers | gains | c/f | |
| Unrestricted Funds |
|||||||
| Church General Fund | f200,234 | f,146,268 | -f148,194 | f462 | -f3,558 | f,195,213 | |
| Flower Fund | f892 | f450 | -f516 | f826 | |||
| Unrestricted Designated |
Fund | f3,847 | fO | -f547 | f3,300 | ||
| Total unrestricted funds |
f204,973 | f146,718 | -f149,257 | f462 | -f3,55$ | f199@39 | |
| Restricted Funds | |||||||
| Fabric &Furnishing Fund |
f43,925 | f1,337 | -f5,036 | f40,226 | |||
| Hall Refurbishment Fund |
f11,988 | f,0 | -f9,903 | f2,084 | |||
| Music Fund | f1,873 | f120 | -f$7 | f1,907 | |||
| BookofRemembrance | Fund | f523 | fO | fO | f523 | ||
| Other Restricted Fund | fO | f6,000 | fO | f6,000 | |||
| Specific Collections Fund | f1,249 | f68 | -f248 | -f462 | f606 | ||
| Total restricted funds |
f59,558 | f7,526 | -f15,274 | -f462 | f51,347 | ||
| Endowment Funds |
|||||||
| Alms Fund | f395 | f10 | -f340 | f,65 | |||
| Total endowment funds |
f395 | f10 | -f340 | f65 | |||
| Grand totals | f264,926 | f154,254 | -f164&871 | fO | -f3,558 | f250,751 |
| ANALYSIS OFNET ASSETSBYFUN | D: | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | TOTAL | |
| Funds | Funds | Funds | FUNDS | |
| As at 31stDecember 2020 | ||||
| Tangible Fixed Assets Investment Fixed Assets |
f13,499 f153,308 |
f13,499 f153,308 |
||
| Current Assets | f34,819 | f51,347 | f65 | f86,231 |
| Current Liabilities TOTAL NET ASSETS |
(f2,288) f199,339 |
(f2,288) f250„751 |
| 9. FUNDS continued | 9. FUNDS continued | ||||||
|---|---|---|---|---|---|---|---|
| FUND VALUES as at31stDecember 2019 | b/f | income | expenditure | transfers | gains | c/f | |
| Unrestricted Funds |
|||||||
| Church General Fund Church Hall Repairs Fund |
f211,149 f,16,789 |
f,156,671 f720 |
-f155,7$4 -K50,231 |
-K34,122 K32,722 |
f22/19 | f200,233 f0 |
|
| Flower Fund | K1,142 | f808 | -f,1,057 | f893 | |||
| Unrestricted Designated Total unrestricted funds |
Fund | K4,000 f233,080 |
flPOO f,161,499 |
-f3,453 -f210,525 |
-K1,400 | f22,319 | f3,847 f204,973 |
| Restricted Funds | |||||||
| Fabric &Furnishing Fund |
K45,332 | f3+28 | -K4,635 | K43,925 | |||
| Hall Refurbishment Fund |
fA7,818 | f11,988 | -fA7&$18 | f11,9SS | |||
| Music Fund BookofRemembrance |
Fund | f637 f513 |
f287 f,10 |
-K51 | f1,000 | K1,$73 f523 |
|
| Other Restricted Fund | K1,478 | KO | -K1,47$ | KO | |||
| Specific Collections Fund | f179 | K4,422 | -f3,352 | K1,249 | |||
| Total restricted funds | f,95,957 | f19,935 | -f57@34 | K1,000 | KO | K59,558 | |
| Endowment Funds |
|||||||
| Alms Fund | f165 | K6 | -f176 | fAOO | f395 | ||
| Total endowment funds |
f165 | K6 | -f176 | f400 | f395 | ||
| Grand totals | f329,202 | f181,440 | -f268,035 | KO | f22,319 | f264,926 |
| ANALYSIS OF NET ASSETSBYFUN | D: | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | TOTAL | |
| Funds | Funds | Funds | FUNDS | |
| As at 31stDecember 2019 | ||||
| Tangible Fixed Assets | K14,183 | K14„183 | ||
| Investment Fixed Assets Current Assets |
f156„866 f37,803 |
f59,558 | f395 | f156,866 K97,756 |
| Current Liabilities TOTAL NET ASSETS |
(K3,879) f204,973 |
(K3,879) f264„926 |
| The sum of$4,500wa | s paid to SrVeronica's order for use in |
the Solomon Islands. |
|---|---|---|
| Local Charities | ||
| A Rocha | f750 | |
| KCAH | f750 | |
| Kingston Welcare | 2750 | |
| RBKSchool Christian | Worker Trust | f750 |
| SPEAR | f750 | |
| K3 750 |
| 11.SPECIFIC COLLECTIONS | |
|---|---|
| Bible aMonth | f38 |
| Shipping books to Solomon Islands | f21 |
| f59 |
| 12.OTHER SPECIFIC COLLECTIONS BYCHURCH MEMBERS | 12.OTHER SPECIFIC COLLECTIONS BYCHURCH MEMBERS | ||
|---|---|---|---|
| Collection Boxes for the Children's | Society | f380 | |
| Link to Hope shoe boxes | f146 | and 22 boxes | |
| f526 |
| ATEMEVT OFFLVANCIAL ACTIVITIES | For the year | ending 31 | stDecember | 2019 | |
|---|---|---|---|---|---|
| Total | Total | Total | Total | Total | |
| Unrestricte | Restricted | Endowmen | Funds | Funds | |
| d | Funds | t | 2019 | 2018 | |
| INCOME AND ENDOWMENTS | |||||
| Voluntary Income |
121,554 | 18,419 | 0 | 139,973 | 184,762 |
| Activities for Generating Funds |
27,765 | 27,765 | 24,188 | ||
| Income kom Investments | 5,920 | 1,516 | 6 | 7,442 | 7,133 |
| Income &om Church Activities | 6,260 | 0 | 0 | 6,260 | 5,781 |
| Other Income | 0 | 0 | 0 | 0 | |
| TOTAL INCOME | 161,499 | 19,935 | 6 | 181,440 | 221,864 |
| EXPENDITURE | |||||
| Church Activities | 200,902 | 57,334 | 176 | 258,412 | 204,461 |
| Cost ofRaising Funds | 2,822 | 0 | 0 | 2,822 | 2,789 |
| Other Expenditure | 6,801 | 0 | 0 | 6,801 | 4,945 |
| TOTAL EXPENDITURE | 210,525 | 57,334 | 176 | 268,035 | 212,195 |
| NET INCOME/(EXPENDITURE) | |||||
| BEFOREINVESTMENT GAINS | -49,026 | -37,399 | -170 | -86,595 | 9,669 |
| GAINS / (LOSSES)ON INVESTMENTS | 22,319 | 0 | 22,319 | -13,812 | |
| NET INCOME / (EXPENDITURE) | -26,707 | -37,399 | -170 | -64,276 | -4,143 |
| TRANSFERS BETWEEN FUNDS | -1,400 | 1,000 | 400 | ||
| NET MOVEMENT IN FUNDS | -28,107 | -36,399 | 230 | -64,276 | -4,143 |
| FUND BALANCES | |||||
| AS AT 31stDECEMBER2018 | 233,080 | 95,957 | 165 | 329,202 | 333,345 |
| AS AT 31stDECEMBER2019 | 204,973 | 59,558 | 395 | 264,926 | 329,202 |