OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-12-31-accounts

Trustees RevCanonDrCBracegirdle
Mr GCBurrows
Mr I Darbyshire
MrsL Easterman
Mr DJEckersley
MrAForrester
Rev B Gaskell
Mrs H Haywood
Rev I Hepburn
Mrs S Hobson
MrA JMitchell
MrDFMorlidgeMBE
MrsAMorris
RevCanon ProfessorK Newport
MrsR Newport
Canon JWalshOBE
MsA Warburton
Miss EFWeston
Mr G Whalley
Mr T J Whillas
Chairman RevCanonDr C Bracegirdle
Treasurer MrA JMitchell
Secretary Mr I Darbyshire
Charity number 1 135365
Principal address St Peter's ParishChurch
SilverwellStreet
Bolton
BLl1PS
Independent examiner Mr SimonWorswickBA FCA
R P Smith &CoLimited
HamillHouse
112-116ChorleyNew Road
Bolton
BL1 4DH
Bankers Royal Bankof Scotlandplc
46-48Deansgate
Bolton
BL11BH
Page
TrusteesReport iv-vii
lndependent Examiner'sReport viii
Statement ofFinancialActivities ix
Balance Sheet
Notes To TheAccounts xi-xxii

UnrestrictedDesignated
Funds
Funds		 UnrestrictedDesignated
Funds
Funds		 RestrictedEndowmentTotal
Funds
Funds
2020
Total
2019		 RestrictedEndowmentTotal
Funds
Funds
2020
Total
2019
Notes
f		 E 8EC f
lncomeandendowments from:
Donationsandlegacies 2(a) ot,o/o I263 71,93982,898
Church activities 2(d) 6 289 6,81218,191
Activities for generating funds 2(b) 30,542 EO1 AE 31.20449,082
Incomefrominvestments 2(c) J,ZJJ 12 3,2453,863
Total income 102,740 587 9,873 113,200154,034
Expenditureon:
Raisingfunds 6(b) 3,843 3,84315,267
Church activities 6(a) 127,961 129 12,690 140,780154,715
Total expenditure 131,804 129 12,690 144,623169,982
Netincome / (expenditure) before
investment gains/(losses) (29,064) 458 12,817) (31,4231(15,948)
Gains/(losses)on investmentassets
Onrevaluation/disposal e(c) (17,215) 74 (17,141)8,605
Netincome / (expenditure) (46,2791 458 (2,8171 74(48,564)(7,3431
Transfersbetweenfunds
Netmovement infunds 146,2791 4s8 (2,817l 74(48,564)(7,343)
Fundbalancesat1January2020 170,312 470 21,672 1,061193,515200,858
Fundbalances at 31 December2020 124,033 928 18,855 1,135144,951193,515
Notes 2020 2419
I €
FixedAssets
Tangible fixed assets 7 12,603 15,755
lnvestments s(a/b) 130,345 173,330
TotalFixedAssets 142,949 '189,085
CurrentAssets
Stocks 10 125 tz3
Debtors 11 37,610 37,881
Cash at Bankandin Hand o 11,143 11,099
48,878 49,10s
GurrentLiabilities
Creditors 12 46,875 44,675
NetCurrentAssets 2,003 4,430
TotalNetAssets 144,951 193,515
The Funds ofthe Charity
Endowment Funds 13 1,135 1,061
Restricted Funds IJ 18,855 21,672
Designated Funds A4
IJ		 928 470
Unrestricted Funds 4a
IJ		 124,033 170,312
TotalGharityFunds 144,951 193,515

lncoming resources
UnrestrictedDesignated
Funds
Funds
fft€E		 RestrictedTotal

Funds 2020		 Total

2019
2(a)Donationsandlegacies
Planned Giving
Gift Aid
TaxReceivable		 35,395
11,059		 35,395
1'1,059		 34,651
12,753
Other Giving
Collections-openplate
GiftDay
Grants 2(e)
Donations,appealsetc
Contributionfor vicar's expenses from StPhilips
MaintenanceWallSafe
DonatedCarpark facilities		 4,831
6 940
3s63
13;
750		 -
-
-		 7,631
970
662		 4,831
6,940
7,631
4,533
662
138
750		 6,307
8,494
13,276
6,166
251
'1,000
62,676 9,263 7'1,939 82,898
Grants 2(e)
Donations,appealsetc
Contributionfor vicar's expenses from StPhilips
MaintenanceWallSafe
DonatedCarpark facilities		 62,676
3s63
13;
750
-
-
-		 62,676
3s63
13;
750
-
-
-		 9,263
,
970
662		 7'1,939
,

4,533

662
138
750		 82,898
13,276
6,166
251
'1,000
UnrestrictedDesignated
Funds
Funds
Ef		 Restricted
Fundst		 Total
202A
ff		 Total

2019
2(b)Activities forRaisingFunds
CarPark lncome
SocialCommittee		 29,06't
1,261		 29,061
1,261		 38,242

825
Organ &MusicRecitals
ChurchUsage
TuesdayGroup
TowerFund		 587 7; -
220
587
75		 1,592
6,625
1,655
143
30.542 31 204 49,082
UnrestrictedDesignated
Funds
Funds
fE		 Restricted
Funds
€		 Total
2020
ef		 Total
2019
2(c)lncomefromlnvestments
InterestandDividends includingtaxrecoverable		 3,233 12 3,245 3,863
Bankchargesrefunded
a aaa
J.4 JJ		 1' 3,245 3,863

UnrestrictedDesignated
Funds
Funds
€t
Restricted
Fundsf		 UnrestrictedDesignated
Funds
Funds
€t
Restricted
Fundsf		 UnrestrictedDesignated
Funds
Funds
€t
Restricted
Fundsf		 Total
2020
ft		 Total
2019
2(d)lncomefromChurchActivities
Bookof Remembrance
Fees paidtoPCC forWeddings andFunerals		 10
5,630		 10
5,630		 14,491
Bell Ringers
SundayMorningCoffee
VotiveCandles
Flowers
Magazine		 143
506		 _ 203
320		 -
203
143
320
506		 1,200
812
293
937
458
Guide Books
6,289 523 6,812 18,191
Unrestricted Restricted Total Total
Fundsf Funds
g		 2020f 2019f
2(e)Grants received
MarklandTrust 4,036 4,036 11,848
MarklandTrustChoir &Organ Scholar '1,395 1,395 1,236
Chadwick EducationalFoundation 192
Hulme's BoltonLectureshipCharityEstate 2,200
7,631		 2,200

7,631		 13.276


duringtheyear"
6Expenditure on charitableactivities Unrestricted
Funds
tf€		 Designated
Funds		 Restricted
Funds		 Total
2020
ff		 Total

2019
6(a)ChurchActivities
CharltableGiving6(c)
Secular
HomeMissions
MinistryParishShare
BellringersFees
ParishChurchHall Fees
Choir Fees
DirectorofMusic
Relief Organists
DonatedCarPark Facilities
Choirand OrganScholarships
Church RunnlngExpenses
Electricity
ud5
Water
lnsurance
Cleaning
Wedding & FuneralFees
LecturersAccommodation Allowance
LecturersExpenses
VicarageExpenses
VicarsExpenses
CurateExpenses
VergerFees
Licences		 1,50;
55000
2 000
894
5 630
236
750
, A'A
13,051
/JO
8 552
3,171
4,660
5,000
883
,aoo
902
1,095
187
215		 110
--
-67
-		 oA.1
130;
2fi;
ooz		 2,561
55,000
_
2,000
894
5,630
236
750
1,307
2,629
13,051
738
8,552
3,171
4,660
7,133
950
2,399
1,564
1,095
187
215		 7,746
5'1,500
1,358
2,000
1,293
6,951
1,120
1,000
1,750
2,799
16,555
345
8,137
2,897
6,020
12,000
1,157
3,141
1,876

674
1,270
462
PettyCash &Sundries
Postage,Stationery &Photocopying
Subscriptions
Telephone
UpkeepofServices
ChurchMaintenance		 765
?lo
310
l,tto		 -
765
319
310
2,776		 227
96
404
229
4,659
Repairs&Replacements 10,'195 2,196 12,391 6,962
Organ and PianoMaintenance 2 398 2,398 1,260
PPE/Covid-1 9safety equipment 150 1,840 '1,990
Depreciatlon 134 3,017 3,151 3,939
Flowers 162 19 517 698 1,253
ChurchMagazines 130
TowerExpenses 881
Independent ExaminersFee 1,200_ 1,200 1,200
2021 CelebrationExpenses 1,384
Bank charges 40
Lecturer'sleaving gift 60 60
127,961 129 12,690 140,780154,715
Unrestricted
Fundsf		 Designated
Fundst		 Restricted
Fundsf		 Total
2020
Ef		 Total

2019
6(b)Fundraising Costs
CarParkRates&Expenses
SocialCommittee		 3,843 3,843
-		 13,280
815
Organ MusicRecitals - 1,044
TuesdayGroup 3,843 _
3843		 128
15,267
Unrestricted Designated Restricted Total Total
Funds
E		 Funds Fundsf 2020
s		 2019t
6(c)Charitable Giving
2021Celebration 660
AgeUK 50 50
Back Up North West 250
Bibbys Farm 723
Bolton Hospice 171
BoltonMountainRescue 133
Bolton ParishChurch School 192
Children'sSociety 251 251 900
Chrlstian Aid 250 250 1,363
ChurchArmy 250 250 500
ChurchesTogether 400 400
City ofSanctuaryBolton 250 50;
Dementia Support 300
EmmausBolton 250
Fortalice 250
HelpforHeroes 162
GMIMXmas Buslncentive 500 500
JuvenileDiabetes 152
ManchesterDiocese 196
North WestAir Ambulance
Ordinationcollection		 300 300 250
ParkinsonsUK 500
TeenageCancer Trust
Toilet Twinning		 6O -60 193
The DianneOxberry Trust 101
Urban Outreach _ 250
1,500 110 951 2,561 7,746
7Tangible fixed assets
Furniture& Furniture& Total
Gost orValuation fittings
UnrestrictedFundf		 fittings
RestrictedFundf		 f
At1January2020 37,816_ 21,652 59,468
Additions
At 31 December 2020 37.816 21,652 59,468
Depreciation
At1January2020 37,146 6,568 43,714
Charge forthe year 134 3,017 3,1 51
At 31 December 2020 37,280 9,585 46,865
NetBookValue
At31December2020 536 12,067 12,603
At1January2020 670 15,084 15,755
ICashatbank andinHand
2020f 2019
€
Endowment
Restricted 6,789 6,447
Designated 928 470
Unrestricted 3.426 4,182
1I,143
'11,099
9FixedAsset investmentsforuse by thePCG
Nominal Cost Market Addition/ lncrease/ Market
ValueorNo Value (Disposal) (Decrease) Value
8.(a)lnvestments ofShares 2020
t		 f in Value
f		 2019
s
Unrestricted held byMDBF
ConsolidatedLegacy Fund
JPMFUKStrategic lncomeFund
35146units 35,146 3,546 41,824 (8,329) 50,153
Charlfund 3,590/'1715 5,345 23,539 (25,844) (10,236) 59,619
CharibondNarrow Range
Unrestricted heldbythePCC
R CWinderCOIFlnvestmentFund		 5,850
1195.60		 7,170 72,676
21,534
21,534
7,313		 (25,844) (18,509)117,029

-
1,294
20,240

-
1,294
20,240
5b
7,257
Restricted EndowmentFunds
(MDBF)
St Peter EndowmentCBFInv Fund 111 Ela
J IJ		 '1,135 74 1,061
1,'135 74 1,061
9.(b)Painting heldasinvestments
These havebeenvaluedataprofessional appraisalfigure 35,000 35,000
which has beenusedfor insurancepurposes
Total lnvestments 130,345 (25,844) (17,141) 173,330

,
bythe differencebetweenthe openingandclosingmarket values.
2420 2019
E E
Unrealisedgains/(losses)inunrestricted investments(MDBF) (18,509) 5,368
Unrealisedgains/(losses) in unrestricted investments(General) 1,294 3,070
Unrealised gain/(losses) in restrictedinvestments 74 167
Total unrealised gains intheyear (17.141) 8,605
10Stock
2020t 2019t
Upkeep of Services 125 125
11Debtors
2020f 2019f
lncomeTaxre: GiftAid(Unrestricted) 2,474 2,186
MarklandTrust(Unrestricted) 28,915 34,139
Church Usage Fees(Unrestricted) 480
Car Park lncome(Unrestricted) 825 935
BoltonReliefIn Need (Unrestricted) 1,000
Hulme's Bolton Lectureship CharityEstate (Restricted) 2,200
MarklandTrust(Restricted) 2,196
BoltonMetropolitanBoroughCouncil(Restricted) 141
37 610 37.881

12Creditorsandaccruals
2020f 2019t
Amounts falling dueinside oneyear
Utilities accrued 2,326 3,280
lndependentExaminer 1,200 1,200
Church Repair FundLoan 40,195 40,'195
Wedding deposit 3,154
46,875 44,675

Balance Movement in funds Balance at
Funds at1
January
2020		 lncomeExpenditure Transfer
between		 Revaluation 31
December
2020
funds
EndowmentFund
Restrlcted- TowerFund
Restricted- FlowerFund		 1,061
538
233		 75
320
(517)		 r
'o:		 1,135
613
36
Restricted- SundayMorning Coffee 19 203 222
Restricted-Friendsof BoltonParish
Church		 5,485
32		 5,517
Restricted-Choir & Organ Scholarship
Restricted- Grants&otherdonations		 - 1,39s
15,3977,848		 (1,308)
(10,865)		 87
12,380
DesignatedFund -2021celebration 170 170
DesignatedFund-TuesdayGroup 300
587		 (12e) 758
UnrestrictedFund 170,312102,740 (131,804) (17,215) 124,033
TotalFunds 193,515113,200 (144,623) (17,141)144,951

4Analysisofnetassetsbetweenfunds
Fund balancesat 31December2020are
representedby:		 UnrestrictedDesignated
Funds
Funds		 RestrictedEndowment
Funds
Funds		 Total
Tangible fixedassets
Investments
Current assets		 ff
536
129,210
41,162		 928 €
12,067
6,788		 ff-
1,'l35
-		 12,603
130,345
48,878
Creditors:amountsfallingduewithinoneyear (46,875)
124,033		 928 18,855 -
1,135		 (46,875)
144,951
Unrealised gainsincluded above:
On investments 124,246 622 124,868
124,246 124,868
Reconciliation of movementsin unrealised gains.
Unrealisedgainsat 1January2020 141,461 548 142,009
Netgainsonrevaluationsinyear (17,215) 74 (17,1411
Unrealisedgainsat 31 December 2020 124,246 622 124,868

15Comparativesfor2019
StatementofFinancialActivities
Unrestricted Designated Restricted Endowment Total
Notes Funds
€		 Funds
f		 Funds
t		 Fundst 2019
e
lncome and endowments from:
DonationsandIegacies 2(a) 66,699 819 15,s80 82,898
Church activities 2(d) 16,442 1,749 18,191
Activities forgenerating funds 2(b) 47,284 1,655 143 49,082
Incomefrominvestments 2(c) 3 832 31 3,863
Total income 134,257 2,474 17,303 154,034
Expenditureon:
Raisingfunds 6(b) 15139 128 15,267
Church activities 6(a) 137 085 3,044 14,586 154,715
Total expenditure 152,224 3,172 14,586 169,982
Netincome / (expenditure)before
investment gains/(losses) (17,e67) (6e8) 2,717 (15,948)
Gains/(losses) oninvestment assets
Onrevaluation e(c) 8,438 167 8,605
Netincome / (expenditure) (9,529) (6e8) 2,717 167 (7,343)
Transfersbetweenfunds
Netmovementinfunds (e,52e) (6e8) 2,717 to/ (7,343)
Fundbalancesat1January 2019 179,841 '1,168 18,955 894 200,858
Fund balancesat 31 December2019 170,312 470 21,672 1,06'1 193 515
Unrestricted
Fundsf		 Designated
Fundsf		 Restricted
Funds
tf		 Total
2019
2(a)Donations and legacies
Planned Giving
Gift Aid 34,651 - 34,651
TaxReceivable 12,753 - 12,753
Other Giving
Collections-openplate 6,307 - 6,307
GiftDay
Grants 2(e)
Donations,appealsetc		 8,494
3,243		 8'19 -
13,276
2,104		 8,494
13,276
6,166
MaintenanceWallSafe 251 - 251
DonatedCarpark facilities 1,000 - 1,000
66,699 819 15,380 82,898
15Comparativesfor2019continued Unrestricted
Fundst		 Designated
Funds
L		 Restricted
Funds
tt		 Total
2019
2(b)ActivitiesforRaisingFunds
Car ParkIncome 38,242 - 38,242
SocialCommittee 825 - 825
Organ& MusicRecitals 1,592 - 1,592
ChurchUsage 6,625 - 6,625
TuesdayGroup
TowerFund		 1,65; -
143		 1,655
143
47,284 655 143 49,082
Unrestricted Designated Restricted Total
Fundsf Funds
c		 Funds
€		 2019t
2(c)lncomefromlnvestments
InterestandDividends includingtaxrecoverable 3,832 31 3,863
Bankchargesrefunded
J,OJZ 1.1 3,863
U nrestricted Designated Restricted Total
Funds
€		 Fundsf Fundsf 2019f
2(d)lncomefromChurchActivities
Bookof Remembrance
Fees paidtoPCC forWeddings andFunerals 14,491 14,491
Bell Ringers 1,200 1,200
Sunday MorningCoffee 812 812
VotiveCandles 293 293
Flowers oaa 937
Magazine 458 458
GuideBooks
16.442 1,749 18,191
Unrestricted Restricted Total
Funds Funds 2019
c s s
2(e)Grantsreceived
MarklandTrust 11,848 11,848
MarklandTrustChoir &OrganScholar 1,236 1,236
Chadwick EducationalFoundation 192 192
ManchesterDiocese
13,276 13,276
5Comparativesfor2019continued
Unrestricted Designated Restricted Total
Fundst Funds
g		 Fundsf 2019f
6(a)ChurchActivities
CharitableGiving 6(c)
Secular
HomeMissions 3,023, 1,660 3,063 7,746
Ministry Parish Share 5'1,500 51,500
Bellringers Fees I 2FA
I,JJU		 1,358
ParishChurch HallFees 2,000 2,000
Choir Fees l rol 1,293
DirectorofMusic 6,951 6,951
Relief Organists 1,120 1,120
DonatedCar ParkFacilities 1000 1,000
ChoirandOrganScholarships 1,750 1,750
Church RunningExpenses
Electricity 2,799 2,799
Gas 16555 16,555
Water 345 345
lnsurance 8137 8,137
Cleaning 2,897 2,897
Wedding & FuneralFees 6 020 6,020
LecturersAccommodation Allowance 12,000 12,000
LecturersExpenses 1,157 1,157
VicarageExpenses 3,141 3,141
VicarsExpenses 1,876 1,876
CurateExpenses 674 674
VergerFees 1,270 1,270
Licences 462 462
Petty Cash & Sundries 227 227
Postage,Stationery &Photocopying 96 96
Subscriptions 404 404
Telephone llv 229
UpkeepofServices 2,738 1,g2; 4,659
ChurchMaintenance
Repairs&Replacements 4,701 2,261 6,962
Organ andPiano Maintenance
Depreciation		 1,260
.168		 3,771 1,260
3,939
Flowers 146 1,107 1,253
ChurchMagazines
TowerExpenses		 130
.168		 I tJ 130
881
lndependent ExaminersFee 1,200 1,200
2021Celebration Expenses 138; 1,384
Bank charges 40 40
137,085 3,O44 14,586 154,715
Unrestricted Designated Restricted Total
Funds
s		 Funds Fundst 2019
€
6(b)Fundraising Costs
Car ParkRates&Expenses 13,280 13,280
SocialCommittee 815 815
OrganMusic Recitals 1,O44 1,044
TuesdayGroup 128 128
15,139 128 15,267

15Comparativesfor2019continued
Unrestricted Designated Restricted Total
Funds
€		 Funds Funds
E		 2019f
6(c)Gharitable Giving
2021Celebration 300 360 660
Back Up NorthWest 250 250
Bibbys Farm 723
BoltonHospice 17i 171
Bolton MountainRescue IJJ 133
BoltonNHSCharitableTrust
BoltonParishChurch School rc; 192
Children'sSociety 900 900
Christian Aid 500 863 1,363
ChurchArmy 500 500
Cityof SanctuaryBolton 500 500
Crohn's&ColitisUK
DementiaSupport 300 300
EmmausBolton 250 250
Fortalice 250 250
HearingDogs
HelpforHeroes rc; 162
JuvenileDiabetes 152 152
ManchesterDiocese '196 196
NorthWestAirAmbulance 250 250
ParkinsonsUK 500 500
RoyalBritishLegion
TeenageCancerTrust 104 193
The DianneOxberryTrust '101 101
Urban Outreach
YMCABolton
3,023 1,660 3,063 7,746

nalysis ofnetassetsbetweenfunds
Fundbalancesat31December 2019are
representedby:		 UnrestrictedDesignated
Funds
Funds		 Restricted
Funds		 Endowment

Funds		 Total
Tangiblefixedassets
Investments
Current assets		 t€
670
172,269
42,048		 470 €
15,084
6588		 t€-
1,061
-		 15,754
173,330
49,106
Creditors:amountsfallingduewithinoneyear (44,675)
170,312		 470 21672 -
1,061		 (44,67s)
193,515
Unrealised gainsincluded above:
Oninvestments 141,461 548 142,O09
141,461 548 142,009
Reconciliation of movementsin unrealised
gains
Unrealisedgains at1January2019
Netgainsonrevaluationsinyear		 133,023
8,438		 381
167		 133,404
8,605
Unrealisedgains at31December 2019 141,461 548 142,009

uesdayGrou p
Torais		 efundsfor va riouschari tiesand forthe Church Church
Balance Movement infunds Balance at
Funds at1
January
2019		 Income Expenditure Transfer
between		 Revaluation 31
December
2019
funds
Endowment Fund 894 167 1,061
Restricted-TowerFund
Restricted-FlowerFund
Restricted- Sunday MorningCoffee		 1109
403
19
142

937
812		 713
1107
otz		 539
233
19
Restricted-
Church		 Friendsof BoltonParish 5409
76		 5,485
Restricted-Grants&otherdonations
Designated Fund*2021celebration		 12,015
735		 15336

819
11,954

1,384		 15,397
170
Designated Fund-TuesdayGroup 433
1655
1,788		 300
Unrestricted Fund 179,841134,257 1s2,224 - 8,438 170,312
TotalFunds 200,858154,434 169,982 8,605 193,515