| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial Activities | ||||
| Balance Sheet | ||||
| Cash Flow Statement | ||||
| Notes to the Cash Flow | Statement | |||
| Notes tothe Financial Statements | 9 | to | 17 | |
| Detailed Statement ofFinancial Activities | 18 | to | 19 |
| 31.12.20 | 31.12.19 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | fund | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
2 | 127,026 | 2,410 | 129,436 | 424,864 | |
| lnvestmcnt income |
3 | 1,326 | 1326 | 2,402 | ||
| Other income | 147,147 | 147,147 | 195,380 | |||
| Total | 275,499 | 2,410 | 277,909 | 622,646 | ||
| EXPENDITURE ON | ||||||
| Raising funds | ||||||
| Raising donations and |
legacies | 4 | 287,725 | 400 | 288,125 | 352,773 |
| Other trading activities | 5 | 14 | ||||
| 287,725 | 288,125 | 352,787 | ||||
| Charitable activities |
||||||
| Independent examiner's |
fees | 3,660 | 3,660 | 3,698 | ||
| Professional fees |
3,040 | 3,040 | 5,590 | |||
| Total | 294,425 | 400 | 294,825 | 362,075 | ||
| NET INCOME/(EXPENDITURE) | (18,926) | 2,010 | (16,916) | 260,571 | ||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought forward | 376,109 | 831,867 | 1,207,976 | 947,405 | ||
| TOTAL FUNDS CARRIED FORWARD | 357,183 | 833,877 | 1,191,060 | 1,207,976 |
| 31.12.20 | 31.12.19 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | 6 | ||||
| FIXEDASSETS | |||||
| Tangible assets | 11 | 740,297 | 740,297 | 701,163 | |
| Investments | 12 | 8,609 | 8,609 | 8,055 | |
| 8,609 | 740,297 | 748,906 | 7092.18 | ||
| CURRENT ASSETS | |||||
| Debtors | 13 | 19,575 | 19,575 | 21,258 | |
| Cash at bank and in hand | 399,493 | 95,657 | 495,150 | 531,134 | |
| 419,068 | 95,657 | 514,725 | 552,392 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
14 | (70,494) | (2,077) | (72,571) | (53,634) |
| NET CURRENT ASSETS | 348,574 | 93,580 | 442,154 | 498,758 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 357,183 | 833,$77 | 1,191,060 | 1,207,976 | |
| NET ASSETS | 357,183 | 833,$77 | 1,191,060 | 1,207,976 | |
| FUNDS | 15 | ||||
| Umestricted funds: |
|||||
| General fund | 357,183 | 376,109 | |||
| Restricted funds: | |||||
| Organ Fund | 833,877 | 831,867 | |||
| TOTAL FUNDS | 1,191,060 | 1,207,976 |
| 31.12.20 | 31.12.19 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | |||||||
| Cash flows from operating | activities | ||||||
| Cash generated from operations |
(17,842) | 258,569 | |||||
| Decrease/(increase) in other |
debtors | 1,683 | (13,858) | ||||
| Increase/(decrease) in other |
creditors | 18,937 | 41,202 | ||||
| Revaluation on invesnnents |
(554) | (1,166) | |||||
| Net cash ptnvided by operating |
activities | 2424 | 284,747 | ||||
| Cash flows from investing | activities | ||||||
| Organ under construction | (39,534) | (104,948) | |||||
| Interest received | 1,326 | 2,402 | |||||
| Net cash used in investing | activities | (38,208) | (102,546) | ||||
| Change in cash and cash | equivalents | in the | |||||
| reportnlg period |
(35,984) | 182,201 | |||||
| Cash and cash equivalents | at | tbe beginning | |||||
| ofthe reporting period |
531,134 | 348,933 | |||||
| Cash and cash equivalents | at | the end | ofthe | ||||
| reporting period | 495,150 | 531,134 |
| RECONCILIATION OF | NET (EXPENDITURE)/INCOME | NET (EXPENDITURE)/INCOME | TO NET CASH FLOW FROM OPERATING | TO NET CASH FLOW FROM OPERATING |
|---|---|---|---|---|
| ACTIVITIES | ||||
| 31.12.20 | 31.12.19 | |||
| 8 | 6 | |||
| Net (expenditure)/mcome | for tbe reporting | period (asper tbe | Statement | |
| ofBnancial Activities) | (16,916) | 260,571 | ||
| Adjustments for: |
||||
| Depreciation charges |
400 | 400 | ||
| Interest mceived | (1,326) | (2,402) | ||
| Net cash (used in)/provided | by operations | (17,842) | 258,569 |
| At 1.1.20 | Cash flow | At 31.12.20 | |
|---|---|---|---|
| f | f. | ||
| Net cash | |||
| Cash at bank and in hand | 531,134 | (35,984) | 495,150 |
| 531,134 | (35,984) | 495,150 | |
| Total | 531,134 | (35,984) | 495,150 |
| 2. | DONATIONS | AND LE | GACIES | |||||
|---|---|---|---|---|---|---|---|---|
| 31.12.20 | 31.12.19 | |||||||
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| Planned giving | and collections | 72,856 | 72,856 | 126,839 | ||||
| Donations, Gift |
Income and Legacies | 33,721 | 33,721 | 58,198 | ||||
| Gift aid | 20,449 | 20,449 | 51,732 | |||||
| Donations for Organ Fund Saleofpublications |
2,410 | 2,410 | 188,032 63 |
|||||
| 127,026 | 2,410 | 129,436 | 424,864 | |||||
| 3. | INVESTMENT INCOME | |||||||
| 31.12.20 | 31.12.19 | |||||||
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| 6 | 6 | |||||||
| Deposit account | interest | 1,326 | 1,326 | 2,402 | ||||
| 4. | RAISING DONATIONS | AND LEGACIES | ||||||
| 31.12.20 | 31.12.19 | |||||||
| Uruestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| Staffcosts | 69,224 | 69,224 | 75,977 | |||||
| Insurance | 6,523 | 6,523 | 6,534 | |||||
| Entertainment | and hospitality | 2,305 | 2,305 | 7,037 | ||||
| Missionary snd |
charitable | giving | 5,100 | 5,100 | 5,449 | |||
| Diocesan parish | contribution | 124870 | 124,370 | 119,134 | ||||
| Church running | costs | 9,289 | 9,289 | 11,234 | ||||
| Church dt Hall | maintenance | 14,442 | 14,442 | 18,848 | ||||
| Music costs | 22,503 | 22,503 | 64,997 | |||||
| Sanctuary expenses |
1,094 | |||||||
| Printing and administration | 8,354 | 8,354 | 11,888 | |||||
| Bank charges | 677 | 677 | 693 | |||||
| Verger expenses | 22,244 | 22,244 | 24,905 | |||||
| Vicar expenses | 2,694 | 2,694 | 4,583 | |||||
| Depreciation | 400 | 400 | ||||||
| 287,725 | 400 | 288,125 | 352,773 |
| 31.12.20 | 31.12.19 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| f. | K | ||||||
| Bad debts | 14 | ||||||
| 6. | CHARITABLE ACTIVITIES COSTS | ||||||
| Support | |||||||
| costs (sec | |||||||
| note 7) | |||||||
| Independent | examiner's | fees | 3,660 | ||||
| Professional | fees | 3,040 | |||||
| 6,700 | |||||||
| 7. | SUPPORT | COSTS | |||||
| Governance | |||||||
| costs | |||||||
| Independent | examiner's | fees | 3,660 | ||||
| Professional | fees | 3,040 | |||||
| 6,700 |
| STAFF COS | TS | |||||
|---|---|---|---|---|---|---|
| 31.12.20 | 31.12.19 | |||||
| Wages and salaries | 66,566 | 72386 | ||||
| Social security | costs | 1,320 | 2,357 | |||
| Other pension | costs | 1,338 | 1,234 | |||
| 69/24 | 75,977 | |||||
| The average monthly | number ofemployees | during the year was as follows: | ||||
| 31.12.20 | 31.12.19 | |||||
| 4 | 4 | |||||
| No employees | mceived emoluments | in excess of660,000. |
| for th | e Year Ended 31December 2020 | e Year Ended 31December 2020 | e Year Ended 31December 2020 | e Year Ended 31December 2020 | |
|---|---|---|---|---|---|
| 10. | COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES FOR2019 | ||||
| Unrestricted | Restricted | Total | |||
| funds | fund | funds | |||
| 6 | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
214,186 | 210,678 | 424,864 | ||
| Investment income |
2,402 | 2,402 | |||
| Other income | 195,380 | 195,380 | |||
| Total | 411,968 | 210,678 | 622,646 | ||
| EXPENDITURE ON | |||||
| Raising funds | |||||
| Raising donations and |
legacies | 352,373 | 352,773 | ||
| Other trading activities |
14 | 14 | |||
| 352,387 | 400 | 352,787 | |||
| Charitable activities |
|||||
| Independent examiner's |
fees | 3,698 | 3,698 | ||
| Pmfessional fees |
5,590 | 5,590 | |||
| Total | 361,675 | 400 | 362,075 | ||
| NET INCOME | 50393 | 210,278 | 260,571 | ||
| RECONCILIATION | OFFUNDS | ||||
| Total funds brought forward | 325,816 | 621,589 | 947,405 | ||
| TOTAL FUNDS CARRIED FORWARD | 376,109 | 831,867 | 1,207,976 |
| 11. | TANGIBLE FIXEDASSETS | |||
|---|---|---|---|---|
| Organ | Fixtures | |||
| Under | and | |||
| Construction | fittings | Totals | ||
| 8 | ||||
| COSI' | ||||
| At I January 2020 | 699,963 | 2,000 | 701,963 | |
| Additions | 39,534 | 39,534 | ||
| At 31December 2020 | 739,497 | 2,000 | 741,497 | |
| DEPRECIATION | ||||
| At I January 2020 | 800 | 800 | ||
| Charge for year | 400 | 400 | ||
| At 31December 2020 | 1,200 | 1,200 | ||
| NET BOOKVALUE | ||||
| At 31December 2020 | 739,497 | 800 | 740,297 | |
| At 31December 2019 | 699,963 | 1,200 | 701,163 | |
| 12. | FIXEDASSETINVESTMENTS | |||
| Investment fixed assets |
||||
| Movements in the year: |
31.12.20 | 31.12.19 | ||
| Market Value at 1stJanuary 2020 | 8,055 | 6,889 | ||
| Purchase at cost | ||||
| Disposal proceeds | ||||
| Revaluation | 554 | 1,166 | ||
| Market Value at31stDecember 2020 | 8,609 | 8,055 |
| DEBTORS:AMOUNTS FALLING DUE WITHIN | ONE YEAR | |
|---|---|---|
| 31.12.20 | 31.12.19 | |
| Trade debtors | 13,556 | 13,858 |
| Gill aid receivable | 6,019 | 7,400 |
| 19,575 | 21,258 |
| 14. | CREDITORS: AMOUNTS | CREDITORS: AMOUNTS | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE | FALLING DUE WITHIN ONE | YEAR | ||
|---|---|---|---|---|---|---|---|---|
| 31.12.20 | 31.12.19 | |||||||
| f | ||||||||
| Trade creditors | 2,519 | 986 | ||||||
| Other creditors | 70,052 | 52,648 | ||||||
| 72,571 | 53,634 | |||||||
| 15. | MOVEMENT | IN FUNDS | ||||||
| Net | ||||||||
| movement | At | |||||||
| At 1.1.20 | in funds | 31.12.20 | ||||||
| f | ||||||||
| Unrestricted | funds | |||||||
| General fund | 376,109 | (18,926) | 357,183 | |||||
| Restricted funds | ||||||||
| Organ Fund | 831,867 | 2,010 | 833,877 | |||||
| TOTAL FUNDS | 1,207,976 | (16,916) | 1,191,060 | |||||
| Net movement | in funds, included | in the above are as follows: | ||||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| f | ||||||||
| Unrestricted | funds | |||||||
| General fund | 275,499 | (294,425) | (18,926) | |||||
| Restricted funds | ||||||||
| Organ Fund | 2,410 | (400) | 2,010 | |||||
| TOTAL FUNDS | 277,909 | (294,825) | (16,916) | |||||
| Comparatives | for movement | in | funds | |||||
| Net | ||||||||
| movement | At | |||||||
| At 1.1.19 f |
in funds | 31.12.19 | ||||||
| Unrestricted | funds | |||||||
| General fund | 325,816 | 50,293 | 376,109 | |||||
| Restricted funds | ||||||||
| Organ Fund | 621,589 | 210,278 | 831,867 | |||||
| TOTAL FUNDS | 947,405 | 260,571 | 1&207&976 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| rcsoufccs | expended | in funds | ||
| f. | f. | |||
| Unrestricted | funds | |||
| General fund | 411,968 | (361,675) | 50,293 | |
| Restricted funds | ||||
| Organ Fund | 210,678 | (400) | 210,278 | |
| TOTAL FUNDS | 622,646 | (362,075) | 260,571 | |
| A current year | 12months | and prior year 12months combined position is as follows: | ||
| Net | ||||
| movement | At | |||
| At 1.1.19 | in funds | 31.12.20 | ||
| fi | fi | |||
| Unrestricted | funds | |||
| General fund | 325,816 | 31,367 | 357,183 | |
| Restricted funds | ||||
| Organ Fund | 621,589 | 212,288 | 833,877 | |
| TOTAL FUNDS | 947,405 | 243,655 | 1,191,060 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| rcsourccs | expended | in funds | ||
| Uarestricted | fisnds | |||
| General fund | 687,467 | (656,100) | 31,367 | |
| Restricted funds | ||||
| Organ Fund | 213,088 | (800) | 212,288 | |
| TOTAL FUNDS | 900,555 | (656,900) | 243,655 |
| for the Year Ended | 31December 2020 | ||||
|---|---|---|---|---|---|
| 31.12.20 | 31.12.19 | ||||
| Unmstricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| INCOME AND ENDOWMENTS | |||||
| Donations and legacies | |||||
| Planned giving and |
collections | 72,856 | 72,856 | 126,839 | |
| Donations, Gift Income and Legacies |
33,721 | 33,721 | 58,198 | ||
| Gift aid | 20,449 | 20,449 | 51,732 | ||
| Donations for Organ Fund | 2,410 | 2,410 | 188,032 | ||
| Saleofpublications | 63 | ||||
| 127,026 | 2,410 | 129,436 | 424,864 | ||
| Investment income |
|||||
| Deposit account interest | 1,326 | 1,326 | 2,402 | ||
| Other income | |||||
| Wedding, Funeral and Baptism fees |
27,379 | 27,379 | 54,491 | ||
| Bell Ringing | 480 | 480 | 2,070 | ||
| Music income | 7,888 | 7,888 | 36,270 | ||
| Other income | 83,650 | 83,650 | 549 | ||
| Petyt Hall Bookings | 27,750 | 27,750 | 102,000 | ||
| 147,147 | 147,147 | 195,380 | |||
| Total incoming resources |
275,499 | 2,410 | 277,909 | 622,646 | |
| EXPENDITURE | |||||
| Raising donations | and legacies | ||||
| Wages | 66,566 | 66,566 | 72,386 | ||
| Social security | 1,320 | 1,320 | 2,357 | ||
| Pensions | 1,338 | 1,338 | 1,234 | ||
| Insurance | 6,523 | 6,523 | 6,534 | ||
| Entertainment and hospitality |
2,305 | 2,305 | 7,037 | ||
| Missionary and charitable giving |
5,100 | 5,100 | 5,449 | ||
| Diocesan parish contribution | 124,370 | 124370 | 119,134 | ||
| Church running costs | 9,289 | 9,289 | 11,234 | ||
| Church dt Hall maintenance | 14,442 | 14,442 | 18,$48 | ||
| Music costs | 22,503 | 22,503 | 64,997 | ||
| Sanctuary expenses | 1,094 | ||||
| Printing and administration | $,354 | 8,354 | 11,888 | ||
| Bank charges | 677 | 677 | 693 | ||
| Verger expenses | 22,244 | 22,244 | 24,905 | ||
| Vicar expenses | 2,694 | 2,694 | 4,583 | ||
| Fixtures and fittings | 400 | 400 | |||
| 287,725 | 400 | 288,125 | 352,773 |
| for the Year | Ende | d 31 | December 2020 | ||||
|---|---|---|---|---|---|---|---|
| 31.1220 | 31.12.19 | ||||||
| Unrestricted | Reslricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| 8 | f. | f, | |||||
| Raising donations | and | legacies | |||||
| Other trading | achvities | ||||||
| Bad debts | 14 | ||||||
| Support costs | |||||||
| Governance | costs | ||||||
| Independent | examiner's | fees | 3,660 | 3,660 | 3,698 | ||
| Pmfessional | fees | 3,040 | 3,040 | 5,590 | |||
| 6,700 | 6,700 | 9,288 | |||||
| Total resources | expended | 294,425 | 400 | 294,825 | 362,075 | ||
| Net income | (18,926) | 2,010 | (16,916) | 260,571 |