2020-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Saint Alban The Martyr, Holborn With Saint Peter, Saffron Hill

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	Weekda	s					Sunda	s:
Week:	W1	W2	W3	W4	WS	Av.per	W1	W2	W3	W4	WS	Av. per
Oct. 2020	23	101	45	46	18	week 47		73	63	65	57	Sunda 65
Nov. 2020	56					56	57					57
Oct 2019 Nov. 2019	54 97	63	38 179	94 48	30 81	56 94		104 87	145 86	68 84	72 76	97 83

	More	Confident	Confident	Confident	More Compassionate	More Compassionate	More	More	Creative
Objective				Resp.	Objective	Resp.	Objective		Resp.
MAP l(a)				Clergy/	MAP 2(a)	PCC	MAP 3(a)		PCC
Foster a culture of				All	Bemore intentional	and	Further resource the
personal	invitation	so			organised with our		youth and children'	s
that our people are					external giving, and	link	work by employing		a
equipped	to bring				this to an overall		youth worker, either
others. Provide more					stewardship		full-time or as a shared
opportunities for					programme.		resource. Double JAM
invitation	in addition		to				resources, aiming	for
the daily	and weekly						two groups (by key-
worship.							stage). 11+provision.
MAP l(b)				Clergy/	MAP 2(b)	PCC	MAP 3(b)		Clergy
Resource	each other	to		All	Continue with open		Plant at St Dunstan	in
be ambassadors for					church policy whilst		the West (currently
Christ by	developing		a		improving signposting.		vacant), with a
culture ofvolunteering.					Seek out ways in which		particular focus on
Improve participation			in		our buildings can be		ministry to/in the
the liturgy	at both				better used by the wider		workplace.
Sunday Masses by					community. Explore	the
encouraging lay roles.					possibility ofuse by:
					Night Shelter,
					Community Groups,
					Youth Group, Scouts
					and/or Guides.
MAP I(c)				Clergy	MAP 2(c)	PCC/	MAP 3(c)		R.Corp
Encourage	vocations	by			Continue building	Clergy	Start a new choir for
offering placement					church/school		local children to sing
opportunities both to					partnership, and retain		alongside the
ordinands	in training				contact with school		professional choir at
and those discerning	who might be avocation.				1eavers. Involvement with school sports? (cf		the 11:00on Sundays. Beinvolved in City of
					3(c).)		London Festival 2016.
							Feibusch anniversary.
					MAP 2(d)	Clergy	MAP 3(d)		Clergy
					Develop workplace		Increase attendance	at
					ministry by getting		Daily Offices and
					better visibility at the		encourage daily prayer
					Inns ofCourt and other		by developing
					workplaces in the parish		resources for use at
					through targeted events.		home and at work.

	Note	Unrestricted	Restricted	Endowment	Total	Funds
		Funds	Funds	Funds	&()&o	2019
INCOMING RESOURCES
Voluntary income	2(a)	192,113			192,113	712,586
Activities for generating funds
Income from investments	2 (b)	8,862			8,862	12,106
Church activities	2 (c)	97,204			97,204	200,059
Other incoming resources	2(d)					1,662
TOTAL INCOMING RESOURCES		298,178			298,178	926,413
RESOURCES EXPENDED
Cost ofgenerating voluntary income
Church activities	3(a)/(b)	308,885			308,885	607,611
TOTAL RESOURCES EXPENDED		308,885			308,885	607,611
NET INCOMING/(OUTGOING)
RESOURCES BEFORETRANSFERS		(10,707)			(10,707)	318,802
Transfers between funds
NKT INCOMING/(OUTGOING)
RESOURCES BEFOREOTHER
RECOGNISED GAINS AND LOSSES		(10,707)			(10,707)	318,802
Gains (losses) on investment assets
on disposal
on revaluation		20,652		10,305	10,347	36,888
NET MOVEMENT IN FUNDS		(31,359)		10,305	(21,054)	355,690
BALANCES BROUGHT FORWARD
1.1.20		1,215,317	26,232	155,545	1,397,094	1,041,404
BALANCES CARRIED FORWARD
31.12.20		r.1,183,957	f26,232	f165,850	f1,376,039	K1,397,094

	2020	2019
FIXEDASSETS
Tangible	426,000	446,800
Investments	317,822	328,170
CURRENT ASSETS
Debtors	15,640	29,905
Short term deposits	603,045	596,321
Cash at bank	18,117
Cash floats		118
	636,802	626,345
LIABILITIES:AMOUNTS DUE WITHIN ONE YEAR
Creditors and accruals	4,585	4,220
Received on behalf ofMusic Trust
	4,585	4,220
NET CURRENT ASSETS		622,125
TOTAL NET ASSETS	1,376,039	1 397094
PARISH FUNDS
Unrestricted	1,183,957	1,215,317
Restricted	26,232	26,232
Endowment	165,850	155,545
	1,376,039	I 397094

	INCOMI	G RESOUR	CES				Total Funds	Total Funds
				Unrestricted	Restricted	Endowment
							2020	2019
2(a)	Voluntary	Income
	Planned	giving		43,654			43,654	27,904
	Tax recoverable			10,719			10,719	6,000
	Collections Grant from S.Ursula's		Trust	4,082			4,082	10,210
	for music			31,663			31,663	12,783
	Legacies			100,130			100,130	400,000
	Other			1,864			1,864	1,917
				192,113			192,113	458,814

			Unrestricted	Total Funds	Total Funds
				2020	2019
2(b)	Income from Investments
	Dividends	and interest	8,862	8,862	12,106

	Notes to the Acco	Notes to the Acco	unts	for the year en	ded 31stDe	cember 2020
	INCOMING RESOURCES		ctd	Unrestricted	Restricted	Endowmen	Total	Funds
							2020	2019
Z(c)	Church Activities
	Letting income S.Alban's	Centre		47,805			47,805	159,419
	Coronavirus Job Retention	Grant		21,929			21,929
	Flat and car park rental			27,076			27,076	35,654
	Music lettings							3,525
	Votive			390			390	1,286
	Tracts
	Fees
	Miscellaneous							174
				97,204			97,204	200,059
2(d)	Other Incoming Resources
	Insurance claim
	Write back ofold cheques							1,662
								1,662
3.	RESOURCES EXPENDED						Total Funds
				Unrestricted	Restricted	Endowment	2020	2019
3(a)	Church Activities
	Ministry
	Diocesan Common Fund			(72,600)			(72,600)	(70,800)
	Assistant clergy			(2,240)			(2,240)
	Clergy expenses			(721)			(721)	(1,425)
	Maintenance ofClergy House			(437)			(437)	(2,439)
	Music			(28,687)			(28,687)	(35,453)
	Church running expenses
	Sanctuary			(1,117)			(1,117)	(3,605)
	Heat, light, water Maintenance			(15,191) (6,449)			(15,191) (6,449)	(13,476) (10,392)
	New boiler
	Insurance			(14,970)			(14,970)	(14,642)
	Adminisnation			(5,856)			(5,856)	(5,629)
	Mission and external giving			(776)			(776)	(1,376)
	Sundry			(2,808)			(2,808)	(4,045)
	Governance —Independent S.Alban's Centre costs Expenses oflet flats	Examination		(2,899) (145,615) 8,519			(2,899) (145,615) 8,519	(2,190) (180,757) 7,611
				308,885			308,885	353,839

	N		otes t	o the Account	s for the year end	ed 31stDe	cember 2020
								Total Funds
					Unrestricted	Restricted	Endowment	2020	2019
S.Alban's		Centre		Expenses:
Booking commission					(672)			(672)	(1,483)
Management		fees			(46,263)			(46,263)	(42,714)
Labour					(49,830)			(49,830)	(49435)
Cleaning					(2,938)			(2,938)	(18,804)
Food and supplies					(4,419)			(4,419)	(24,536)
Maintenance					(3,684)			(3,684)	(6,705)
Light, heat	and		water		(8,086)			(8,086)	(7,435)
Insurance					(3,774)			(3,774)	(3,366)
Marketing					(3,245)			(3,245)	(4,498)
Equipment	hire								(628)
Equipment	and		furniture	purchase	(394)			(394)
Depreciation					(19,000)			(19,000)	(19,000)
Miscellaneous			expenses		3,308			3,308	2,153
					145,615)			145615	180757

TANGIBLE FIXEDASSETS	145,615)	14	5615 180
	Freehold	Leasehold	Total
	Buildings	Buildings
Actual/Deemed Cost
At 1 January 2020	950,000	9Q QQQ	1 040 000
At 31December 2020	950,000	9Q,QQQ	1,040,000
~De reciarica
At 1 January 2020 Charge for year	532,000 19,000	61,200 1,800	593,200 20,800
At 31December 2020	551,000	63,000	614,000
Net Book Value
At 31December 2020	399,000	27,000	426,000
At 31December 2019 The properties comprise:-	418,000	28,800	446,800

	2020	2019
Market value at 1 January 2020	328,170	292,420
Proceeds ofsale and redemptions		(1,139)
Unrealised gains/(losses)	(10,347)	36,888
Realised gains/(losses)
Market value 31December 2020	317,822	328,170
Portfolio details K investments
(i)CBFInvestment Fund	275,267	258,163
(ii)Listed ordinary shares	42,556	70,006
	317,822	328,170
DEBTORS	2020	2019
Income tax recoverable Centre lettings Amounts owed by connected trusts	13,000	19,551 7,715
Rental and other receivables	1,871	1,871
P repayments	768	768
	15,640	29,905

YEAR
	2020	2019
Collections for special causes Rent received in advance Other Creditors	950 1,385	585 1,385 383
Accruals	2,250	2,250
MUSIC	4,585	4,603

FUNDS ANALYSIS
		Balance at	Incoming		Resources		Transfers	~Gain/	Loss	Balance at
		2Jan 2020	Resources		~Ea	ended		On		31Dec
								Investments		2020
Unrestricted Funds
General Fund		801,657	298,178		(308,885)			(20,652)		770,298
General Legacies		413,658								413,658
		1,215,316	298,178		(308,885)			(20,652)		1,183,957
Restricted Funds
Vestment Fund Boiler Appeal		6,650 11,219								6,650 11,219
Poor Fund		30								30
Vicar's Discretionary	Fund	8,333								8,333
		26,232								26,232
Endowment Funds
Suggestive Legacy		28,007							1,855	29,863
Parish Fabric Trust		26,148							1,732	27,880
Parish Historic Trust		58,449							3,872	62,322
Metcalfe Fabric Trust		42,941							2,845	45,786
		155,545						10,305		165,850
		1397094	298,178		(308,885)			(10,347)		1,376,039
ANALYSIS OF NKT ASSETS		BYFUND TYPE
			Unrestricted			Restricted		Endowment		Total
Tangible fixed assets Investment fixed assets				426,000 151,972				165,850		426,000 317,822
Short term bank deposits Other current assets Current liabilities Balance ofFunds			594,930 15,640 4,585 1,183,957				26,232 26,232	165,850		621,162 15,640 4,585 1,376,039