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2020-12-31-accounts

The Arden Marches Group of Churches

Parish of Studley with Mappleborough Green

(Church of the Nativity of the Blessed Virgin Mary, Studley) (Church of the Holy Ascension, Mappleborough Green)

Accounts for the Year Ended 31st December 2020

y

with Mappleborough Green

Registered Charity Number: 1135615

Studley with Mappleborough Green

Accounts for the Year Ended 31st December 2020

Table of Contents

Reference Description Page
Table of Contents (i)
Independent Examiner's Report (ii)
Statement of Financial Activities (by Funds) 1
Statement of Financial Activities (by Church) 2
Balance Sheet 3
Review of Financial Activities 4
Notes to the Financial Statements:
1 Accounting Policies - Funds and Incoming Resources 5
1 Accounting Policies - Resources Used and Fixed Assets 6
2 Incoming Resources - PCC, Studley and Mappleborough Churches 7 a
2 Incoming Resources - Studley Church by account type 7 b
2 Incoming Resources - Mappleborough Church by account type 7 c
3 Resources Used - PCC, Studley and Mappleborough Churches 8 a
3 Resources Used - Studley Church by account type 8 b
3 Resources Used - Mappleborough Church by account type 8 c
Supplementary Detail:
2 Income: Grants, Legacies, Fund Raising and Donations 9
3 Expenditure: Grants and Activities Directly Relating to Church Work 10
3 Expenditure: Activities Directly Relating to Church Work (continued) 11
3 Expenditure: Fund Raising and Publicity, Church Administration 12
4 to 9a Staff Costs, Fixed Assets, Church Equipment and Investments 13
Debtors, Liabilities, Bank Accounts and Funds
5a Schedule of Fixed Assets - Detail 14
9b Fund Holdings 15
Christian Ministry Analysis 16
Studley Income & Expenditure and Giving v Costs History 17 & 18
Mappleborough Green Income & Expenditure and Giving v Costs History 19 & 20

(i)

Independent Examiner's Report to the PCC of Studley with Mappleborough Green

This report on the financial statements of the PCC for the year ended 31st December 2020, comprising the Statement of Financial Activities and Balance Sheet on pages 1 to 3 and Notes to the Financial Statements, numbered 1 to 9 (including also detailed notes 2 and 3 on Incoming Resources and Resources Used, for both St. Mary's and Holy Ascension), is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 ("the Regulations") and S.43 of the Charities Act 1993 ("the Act")

Respective Responsibilities of Trustees and Examiner

As members of the PCC you are responsible for the preparation of the financial statements; you consider that the audit requirements of the Regulations and Section 43(2) of the Act do not apply. It is my responsibility to issue this report on those accounts in accordance with the terms of the Regulations.

Basis of this Report

My examination was carried out in accordance with the General Directions given by the Charity Commission under Section 43(7)(b) of the Act and to be found in the Church guidance, 2006 edition. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent Examiner's Statement

In connection with my examination, no matter has come to my attention:

Simon Billingham FCCA Independent Examiner 10th February 2021

(ii)

Parish of Studley with Mappleborough Green Statement of Financial Activities (by Fund) for the year ended 31st December 2020

Note
Income and endowments from:
Donations and legacies
2(a)+(b)
Income from charitable activities
2(b)(i)
Other trading activities
2(c)
Investments
2(e)
Other income
2(b)(ii)
Total incoming resources
Expenditure on:
Raising funds
3(c)
Expenditure on charitable activities
3(b)
Other expenditure
3(d)
Total resources used
Net incoming / outgoing resources before transfer
Transfers
Gross transfers between funds - in
Gross transfers between funds - out
Net incoming before other gains and losses
Other recognised gains / losses
Gains / losses on investment assets
Gains on revaluation, fixed assets, charity's own use
Net movement in funds
Reconciliation of funds
Total funds brought forward at 1st January
Total funds carried forward at 31st December		 2020 2020 2020 2020 2020 2019
**Unrestricted ** **Designated ** **Restricted ** Endowment Total Prior Year
73,632
3,604
77,236
219,933
1,183
3,023
4,725
7,748
18,839
6,124
266
6,390
5,788
1,740
1,740
1,702
82,779
10,335
93,114
247,445
168
87,045
82,923
169,968
110,047
50
50
50
87,095
82,923
170,018
110,265
-4,316
-72,588
-76,904
137,180
37
20,652
20,689
600
-20,652
-37
-20,689
-600
-24,931
-51,973
-76,904
137,180
-18,142
-18,142
14,902
-24,931
-18,142
-51,973
-95,046
152,082
229,454
104,860
100,736
194,056
629,106
477,024
204,523
86,718
48,763
194,056
534,060
629,106

1

Parish of Studley with Mappleborough Green Statement of Financial Activities (by Church) for the year ended 31st December 2020

Income & Endowments (Page 7(a) to 7(c) for Detail)
Donations and Legacies
Other Trading Activities
Income from Charitable Activities
Other Ordinary Incoming Resources
Investments
Total Income & Endowments
Expenditure (Page 8(a) to 8(c) for Detail)
Expenditure on Charitable Activities
Raising Funds
Other Expenses
Total Resources Used
Net Incoming / (Outgoing) Resources
Gains and Losses on Investments		 2020 2020 2019 2019
Note Parish
Fund		 St. Mary's
Studley		 Holy
Ascension		 Total
Funds		 Parish
Fund		 St. Mary's
Studley		 Holy
Ascension		 Total
Funds		 Year on
Year
Change
£ £ £ £ £ £ £ £ £
2(a+b)
396
2(c)
2(b)(i)
2(b)(ii)
1,740
2(e)
2,136
3(b)
169
3(c)
3(d)
169
1,967		 51,556
6,116
1,723		 25,284
1,632
4,667		 1,177
1,702		 154,174
15,844
196		 64,582
2,995
1,183
5,592		 219,933
18,839
1,183
1,702
5,788		 -142,697
-11,091
-1,183
38
602
2,136 59,395 31,583 93,114 2,879 170,214 74,352 247,445 -154,331
169 71,203
33		 98,596
17		 169,968
50		 4,287 71,034
33		 34,725
168
17		 110,047
168
50		 59,921
-168
169 71,236 98,613 170,018 4,287 71,067 34,911 110,265 59,753
1,967 2(a)
-11,841		 -67,030 -76,904 -1,408 99,147 39,441 137,180 -214,084

Parish of Studley with Mappleborough Green Statement of Financial Activities (by Church) for the year ended 31st December 2020

- Realised
- Unrealised
Depreciation Charged in Year (Page 14 for Detail)
Net Movement in Funds
Balance Brought Forward at 1st January
Balance Carried Forward at 31st December		 2020 2020 2019 2019
Note Parish
Fund		 St. Mary's
Studley		 Holy
Ascension		 Total
Funds		 Parish
Fund		 St. Mary's
Studley		 Holy
Ascension		 Total
Funds		 Year on
Year
Change
£ £ £ £ £ £ £ £ £
-18,142 14,902 14,902 -33,044
1,967
6,303		 -11,841
299,186		 -85,172
323,617		 -95,046
629,106		 -1,408
7,711		 99,147
200,039		 54,343
269,274		 152,082
477,024		 -247,128
152,082
8,270 287,345 238,445 534,060 6,303 299,186 323,617 629,106 -95,046

2(b)

Parish of Studley with Mappleborough Green Balance Sheet at 31st December 2020

See Page 13 for Detail
Fixed Assets
Tangible Fixed Assets
Investment assets
Total Fixed Assets
Current Assets
Debtors
Short Term Deposits
Cash at Bank and in Hand
Total Current Assets
Liabilities
Amounts Falling Due Within One Year
Net Current Assets
Net Assets
Funds
Unrestricted
Designated
Restricted
Endowment
Total		 2020 2020 2019 2019
Note Parish
Fund		 St. Mary's
Studley		 Holy
Ascension		 Total
Funds		 Parish
Fund		 St. Mary's
Studley		 Holy
Ascension		 Total
Funds		 Year on
Year
Change
£ £ £ £ £ £ £ £ £
5a
5b
6
8a
8b
7
9		 120,000 74,056
86,426		 120,000 74,056
104,568		 194,056
104,568		 -18,142
120,000 160,482 280,482 120,000 178,624 298,624 -18,142
113
11,457		 4,535
156,400
7,288		 1,961
55,873
20,159		 6,609
212,273
38,904		 790
7,414		 5,079
163,207
11,762		 4,408
134,448
6,137		 10,277
297,655
25,313		 -3,668
-85,382
13,591
11,570 168,223 77,993 257,786 8,204 180,048 144,993 333,245 -75,459
-3,300 -878 -30 -4,208 -1,901 -862 -2,763 -1,445
8,270 167,345 77,963 253,578 6,303 179,186 144,993 330,482 -76,904
8,270 287,345 238,445 534,060 6,303 299,186 323,617 629,106 -95,046
102
8,168		 138,401
292
28,652
120,000		 66,020
86,426
11,943
74,056		 204,523
86,718
48,763
194,056		 -125
6,428		 144,868
292
34,026
120,000		 84,711
104,568
60,282
74,056		 229,454
104,860
100,736
194,056		 -24,931
-18,142
-51,973
8,270 287,345 238,445 534,060 6,302 299,186 323,617 629,106 -95,046

Approved by the Parochial Church Council and signed on its behalf by:

Chairperson …………………………………Date……………….

Member …………………………………Date……………….

3

Parish of Studley with Mappleborough Green Review of Financial Activities and Affairs for the Year Ended 31st December 2020

The activities of the churches for 2020 have been severely impacted by the Covid-19 pandemic meaning that many normal church activities have had to either be cancelled or to be carried out remotely in an appropriate socially distanced manner. This means that normal year on year comparisons are of limited value, although church members have done much to try to mitigate the adverse affects caused by this disruption.

1. Studley - In 2020 income from planned giving and general plate collections was some £1,589 higher than 2019. The major areas affected were Gift Aid donations which were some £6,802 higher than the previous year, plate collections £4,080 lower, Gift Aid £1,534 lower, Charities Aid Foundation receipts were £95 lower and Sundry Donations were £496 higher. Income from fees was £3,943 lower than in 2019. The Gift Day in December raised £8,350, £4,306 more than in 2019, and is included in the total receipts. Overall income was £2,954 lower than 2019. Expenditure was £3,091 higher than 2019 and the net result was that total income was less than total expenditure by £5,960 which, when added to the Investment Income of £1,645, gave an overall deficit of £4,315 for the year. In addition the church transferred £152 to the parish centre account and £2,000 to the fabric account. Adding these items to the deficit of £4,315 gives a final deficit of £6,467.

Mappleborough Green income from planned giving and general plate was £913 higher than 2019. The areas affected were plate collections down by £1,882, planned giving up £2,077, Charities Aid Foundation level at £300 for the year, Sundry Donations up by £328 and Gift Aid up by £390. Fees income was down £613, and the Gift Day in December raised £2,100, an increase of £981 compared with 2019. There were no fundraising activities in 2020 resulting in the loss of £1,183 of income compared with 2019. Expenditure was £1,536 lower than 2019. Overall expenditure exceeded income producing a loss of £4,669 Dividend and interest income produced a further £4,479 giving a net loss of £190. In addition the church transferred £18,500 to the fabric fund and Covid impacted the Charifund Investment which decreased in value providing an unrealised loss of £18,142 all of which gave a final deficit of £36,832.

Both churches have worked hard to meet costs during the year and as always we are grateful to everyone who assures the work of the church through committed giving of time, talents and money.

2 2020 saw a downturn in the financial and investment markets as a result of the Covid pandemic and at the end of the year, as mentioned above, the Mappleborough Green investment in the M&G Investment Fund for Charities showed an unrealised loss of £18,142 which took the investment to a closing balance of £86,426 at 31st December.

3. A total of £98,690 was spent on providing the Christian Ministry for the Parish, split between Parish £169, St Mary's £66,748 and Holy Ascension £31,773 (See page 16). This sum included the contribution to the Diocese for the Parish Share of £58,436. The Parish Share included a sum of almost £10,000 paid to the Diocesan Support Fund, to assist churches that are unable to pay the full cost of their clergy. This represents 16% of the full cost of a clergy post.

4. Routine Maintenance and Servicing accounted for £6,479 at Studley and £1,567 at Mappleborough Green. These costs were mainly for boiler servicing, fire extiguisher contracts, PAT Testing, minor electrical work, organ tuning , church alarm system maintenances and a new boiler in the Parish Centre. Major expenditure at Studley was £3,462 included the purchase and installation of a new safe in church and some initial roof work. Expenditure at Mappleborough Green amounted to £3,728 for Ankcorn House to cover electrical work, a replacement oil storage tank and a new boundary fence. and £56,839 for the Church covering the installation of toilet facilities and a servery.

5. Once again thank you to everyone who has helped with the finances over the past year whether that has been giving regularly to church funds or maintaining the accounts. In particular my thanks to Joyce Duffin and Erica Hayton for their work on the accounts of the two churches. A number of people also provide a variety of resources for which they seek no payment. This is very much appreciated and it is important to bear this in mind when looking at our costs for outreach and services which often do not reflect the full cost because of the generosity of people.

Patrick Smith

4

Parish of Studley with Mappleborough Green Notes to the Financial Statements for the Year Ended 31st December 2020

1. Accounting Policies

The Financial Statements have been prepared in accordance with the Church Accounting Regulations 2006, together with applicable accounting standards and the Statement of Recommended Practice (SORP) 2015 (FRS 102).

The Financial Statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The Parish Account receives funds which are provided by both churches, individually, to pay joint costs but the individual costs are reflected in the individual church financial statements which also reflect the appropriate funds. The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.

Funds

Unrestricted funds are general funds which can be used for PCC ordinary purposes.

Designated funds are part of the unrestricted funds set aside by the PCC for a particular project. The PCC may place these in a separate unrestricted fund called a designated fund. Funds so designated may be redesignated by the PCC and so designation does not prevent funds from being spent on other purposes. All unrestricted funds comprise income funds which the PCC must spend within a reasonable time.

Restricted funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.

Endowment funds are funds, the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established.

Incoming Resources

Voluntary Income and Capital Resources

Collections are recognised when received by, or on behalf of, the PCC. Planned Giving receivable under covenant is recognised only when received. Income Tax recoverable on covenants or gift aid donations is recognised when the income is recognised.

Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due.

Funds raised through the fete, garden party and similar events are accounted for gross wherever possible.

Other Ordinary Income

Rental Income from the letting of church premises is recognised when the rental is due.

Income from Investments

Dividends and interest are accounted for when receivable. Tax recoverable on such income is recognised in the same accounting year.

Gains and Losses on Investments

Realised gains or losses are recognised when the investments are sold. Unrealised gains or losses are accounted for on revaluation of investments at 31st December.

5

Parish of Studley with Mappleborough Green Notes to the Financial Statements for the Year Ended 31st December 2020

1. Accounting Policies (continued)

Resources Used

Grants

Grants and donations are accounted for when paid over, or when awarded if that award creates a binding obligation on the PCC.

Activities Directly Relating to the Work of the Church

The diocesan quota, or parish share, is accounted for when payable. Any parish share unpaid at 31st December is provided for in the accounts as an operational (though not a legal) liability and is shown as a creditor in the Balance Sheet. The parish share was paid in full in 2020.

Fixed Assets

Consecrated Land & Buildings and Moveable Church Furnishings

Buildings are held at the 1997 insurance value currently and for the foreseeable future as agreed with our Examiner and following discussions with Church House, Coventry.

Consecrated and beneficed property is excluded from the accounts by s.96(2)(a) of the Charities Act 1993.

Moveable church furnishings are held by the churchwardens on special trust for the PCC, and those requiring a faculty for disposal are considered by the PCC to be inalienable property. They are listed in the church's inventory which can be inspected at any reasonable time. For inalienable property acquired prior to 1997 there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1st January 1997 have been capitalised and depreciated in the accounts over the anticipated useful economic life on a straight line basis. The economic life used was five years for items acquired up to 31st December 2004. Items acquired after that date have generally depreciated over three years to reflect the rapid technological changes and obsolescence in computers and such equipment.

In 2014 a new laptop computer was purchased for general parish use, whilst a new printer was purchased in 2015 for the Administrator but was written off over twelve months due to the relatively low cost. In 2016 a second laptop was purchased for general parish use. In 2017 an additional printer was purchased for the Administration Office and a new laptop for general parish use. In line with a recommendation made by the Indepenedent Examiner at the 2016 accounts review items costing less than £1,000 are now fully written down in the year of purchase. Therefore the items purchased in 2017 were all fully written down in the year. No purchases or disposals were made in 2018. In 2019 a new Administration Office computer and a second hand photocopier were purchased. Both were written off during the year. No assets were purchased in 2020.

Investments

Investments are shown at market value at 31st December.

Current Assets

Amounts owing to the PCC at 31st December in respect of fees, rents or other income, are shown as debtors less provision for amounts that may prove uncollectable.

Short term deposits include cash held on deposit either with the CBF Church of England Funds; at the bank or building society.

6

Parish of Studley with Mappleborough Green Notes to the Financial Statements (continued) for the Year Ended 31st December 2020

2a Incoming Resources from Donors Planned Giving Gift Aid Donations Income Tax Recoverable on Gift Aid Other Planned Giving (including CAF) Collections (Open Plate) at all Services Give As You Earn Scheme Sundry Donations Sub Total Legacies Total

2020 2020 2019 2019
Parish St. Mary's
Holy Ascension		 Total Parish St. Mary's Holy Ascension Total
Studley Mappleborough Funds Studley Mappleborough Funds
£ £ £ £ £ £ £ £
52 38,875 13,006 51,933 32,870 17,048 49,918
69 7,404 4,445 11,918 3 9,143 4,052 13,198
170 300 470 265 300 565
1,080 318 1,398 5,160 2,200 7,360
6,119 6,119
275 2,205 593 3,073 1,174 13,233 389 14,796
396 49,734 24,781 74,911 1,177 60,671 23,989 85,837
92,660 40,493 133,153
396 49,734 24,781 74,911 1,177 153,331 **64,482 ** 218,990

2b Other Voluntary Incoming Resources Charity Fund Raising Grants Donations

Charity Fund Raising
Grants
1,822
503
2,325
Donations
(i) Fetes & Other Fund Raising Events
Fund Raising - Parish Centre/Ankcorn House
Income from DCC's for Property Maintenance
240
240
(ii) Income from DCC's for Equipment Purchases
1,500
1,500
Total
1,740
1,822
503
4,065
2c
Income from Charitable & Ancilliary Trading
Magazines
Orders of Service
Lettings - Church/Parish Centre/Ankcorn House
4,505
220
4,725
Memorial Trees
Other Income
Fees
1,611
1,412
3,023
Total
6,116
1,632
7,748
2d
Other Ordinary Incoming Resources
Insurance Claims
Total
2e
Income from Investments
Dividends and Interest
1,723
4,667
6,390
Realised Gains
Total
1,723
4,667
6,390
Total Incoming Resources
2,136
59,395
31,583
93,114
N.B. Incoming Resources (2a) includes Gift Day Income
8,350
2,100
10,450
843 100 943
1,183 1,183
240 240
1,462 1,462
1,702 843 1,283 3,828
10,290 970 11,260
5,554 2,025 7,579
15,844 2,995 18,839
196 5,592 5,788
196 5,592 5,788
2,879 170,214 **74,352 ** 247,445
4,044
1,119
5,163

7 (a)

St, Mary's Church, Studley Notes to the Financial Statements (continued) for the Year Ended 31st December 2020

2
Incoming Resources
2a Incoming Resources from Donors
Planned Giving
Gift Aid Donations
Income Tax Recoverable on Gift Aid
Other Planned Giving (including CAF)
Collections (Open Plate) at all Services
Give As You Earn Scheme
Sundry Donations
Sub Total
Legacies
Total
2b Other Voluntary Incoming Resources
Charity Fund Raising
Grants
Donations
(i) Fetes & Other Fund Raising Events
Fund Raising - Parish Centre
Total
2c Income from Charitable & Ancilliary Trading
Magazines
Orders of Service
Lettings - Parish Centre
Other Income
Fees
Total
2d Other Ordinary Incoming Resources
Insurance Claims
Total
2e Income from Investments
Dividends and Interest
Total
Total Incoming Resources
N.B. Incoming Resources (2a) includes Gift Day Income		 STUDLEY STUDLEY STUDLEY STUDLEY STUDLEY STUDLEY STUDLEY STUDLEY STUDLEY
2020 2019
General Fund Parish Centre Fabric Fund Total Funds General Fund Parish Centre Fabric Fund Total Funds
£ £ £ £ £ £ £ £
38,018
857
38,875
7,190
214
7,404
170
170
1,080
1,080
2,205
2,205
48,663
1,071
49,734
48,663
1,071
49,734
1,822
1,822
1,822
1,822
4,505
4,505
1,611
1,611
1,611
4,505
6,116
1,645
66
12
1,723
1,645
66
12
1,723
51,919
4,571
2,905
59,395
8,350
8,350
31,216 1,654 32,870
8,724 419 9,143
265 265
5,160 5,160
1,709 30 11,494 13,233
47,074 30 13,567 60,671
92,660 92,660
139,734 30 13,567 153,331
600 243 843
600 243 843
10,290 10,290
5,554 5,554
5,554 10,290 15,844
137 49 10 196
137 49 10 196
146,025 10,369 13,820 170,214
4,044
4,044

7 (b)

Holy Ascension Church, Mappleborough Green Notes to Financial Statements (continued) for the Year Ended 31st December 2020

2
Incoming Resources
2a Incoming Resources from Donors
Planned Giving
Gift Aid Donations
Income Tax Recoverable on Gift Aid
Other Planned Giving (including CAF)
Collections (Open Plate) at all Services
Give As You Earn Scheme
Sundry Donations
Sub Total
Legacies
Total
2b Other Voluntary Incoming Resources
Grants
Donations
(i) Fetes & Other Fund Raising Events
Fund Raising - Ankcorn House
Total
2c Income from Charitable & Ancilliary Trading
Magazines
Orders of Service
Lettings - Church/Ankcorn House
Charity Fund Raising
Memorial Trees
Other Income
Fees
Total
2d Other Ordinary Incoming Resources
Insurance Claims
Total
2e Income from Investments
Dividends and Interest
Realised Investments
Total
Total Incoming Resources
N.B. Incoming Resources (2a) includes Gift Day Income		 MAPPLEBOROUGH GREEN MAPPLEBOROUGH GREEN MAPPLEBOROUGH GREEN MAPPLEBOROUGH GREEN MAPPLEBOROUGH GREEN MAPPLEBOROUGH GREEN MAPPLEBOROUGH GREEN MAPPLEBOROUGH GREEN MAPPLEBOROUGH GREEN
2020 2019
General Fund Ankcorn House Fabric Fund Total Funds General Fund Ankcorn House Fabric Fund Total Funds
£ £ £ £ £ £ £ £
12,886
120
13,006
4,415
30
4,445
300
300
318
318
6,119
6,119
535
58
593
24,573
58
150
24,781
24,573
58
150
24,781
503
503
503
503
220
220
1,412
1,412
1,412
220
1,632
4,479
188
4,667
4,479
188
4,667
30,464
278
841
31,583
2,100
2,100
16,928 120 17,048
4,025 27 4,052
300 300
2,200 2,200
207 182 389
23,660 182 147 23,989
40,493 40,493
64,153 182 147 64,482
100 100
1,183 1,183
1,283 1,283
970 970
2,025 2,025
2,025 970 2,995
5,391 201 5,592
5,391 201 5,592
72,852 1,152 348 74,352
1,119
1,119

7 (c)

Parish of Studley with Mappleborough Green Notes to Financial Statements for the Year Ended 31st December 2020

Resources Used
Grants
Missionary and Charitable Giving
Church Overseas
-Missionary Societies
- Relief & Development Agencies
Home Missions & Other Church Societies
Secular Charities
Total
Activities Directly Relating to the Work of the Church
Ministry - Diocesan Quota
- Clergy Expenses
- Curates House Cost
- Upkeep of Services
- Other Ministry Costs (Including Youth Worker)
- Vicarage Maintenance
- Training Costs
Alpha Course Costs
Church - Running Costs
- Maintenance
Major Repairs & Refurbishment
Major Projects
Church Equipment
Expenditure on Parish Magazine and Bookstall
Upkeep of Churchyard
Cost of Memorial Trees
Upkeep of Field
Parish Centre/Ankcorn House Running Costs
Ankcorn House Major Repairs
Architects Fees
Professional Fees
Salary of Vergers
Salary of Organists
Sub Total
Depreciation
Total
Fund raising & Publicity
Cost of Fetes, Bazaars and Other Fund Raising Events
Advertising
Total		 2020 2020 2020 2020
Parish St. Mary's
Studley		 Holy Ascension
Mappleborough		 Total
Funds
£ £ £ £

`

3 Resources Used

3a Grants

3b Activities Directly Relating to the Work of the Church

3c Fund raising & Publicity

3d Church Management & Administration

Administration:
Secretarial Expenses
Office Expenses (incl Printing, Stationery, Postage & Env Scheme
Office Furniture/Equipment and Repairs
Sundries
Covenant Secretary's Expenses
Lunchbox Management Expenses
Bank Charges
Total
Total Resources Used
Net Resource Before Transfers
Fund Transfers
Realised Gains/(Losses) on Investments
Unrealised Gains/(Losses)
Depreciation
Net Movement in Funds		 4,092
2,046
6,138
1,120
560
1,680
25
25
5,237
2,606
7,843
169
71,236
98,613 170,018
1,967
-11,841
-67,030 -76,904
-18,142 -18,142
1,967
-11,841
-85,172 -95,046
3,901 1,951 5,852
916 458 1,374
15 15
4,817 2,424 7,241
4,287 71,067 **34,911 ** 110,265
-1,408
99,147
39,441 137,180
14,902
14,902
-1,408
99,147
54,343 152,082

8 (a)

St Mary's Church, Studley Notes to the Financial Statements (continued) for the Year Ended 31st December 2020

3 Resources Used

Resources Used
Grants
Missionary and Charitable Giving
Church Overseas
-Missionary Societies
- Relief & Development Agencies
Home Missions & Other Church Societies
Secular Charities
Total
Activities Directly Relating to the Work of the Church
Ministry - Diocesan Quota
- Clergy Expenses
- Curates House Cost
- Upkeep of Services
- Other Ministry Costs
- Vicarage Maintenance
- Training Costs
Alpha Course Costs
Church - Running Costs
- Maintenance
Major Repairs & Refurbishment
Major Projects - Vision 900
Church Equipment
Expenditure on Parish Magazine and Bookstall
Upkeep of Churchyard
Cost of Memorial Trees
Upkeep of Field
Parish Centre Running Costs
Architects Fees
Professional Fees
Salary of Vergers
Salary of Organists
Sub Total
Depreciation
Total
Fund raising & Publicity
Cost of Fetes, Bazaars and Other Fund Raising Events
Advertising
Total
Church Management & Administration
Administration:
Secretarial Expenses
Office Expenses (incl Printing, Stationery, Postage & Env Scheme
Office Furniture/Equipment and Repairs
Sundries
Covenant Secretary's Expenses
Lunchbox Management Expenses
Bank Charges
Total
Total Resources Used
Net Resource Before Transfers
Fund Transfers
Unrealised Gains/(Losses)
Depreciation
Net Movement in Funds		 STUDLEY STUDLEY STUDLEY STUDLEY STUDLEY STUDLEY STUDLEY STUDLEY
2020 2019
General
Fund		 Parish
Centre		 Fabric
Fund		 Total
Funds		 General
Fund		 Parish
Centre		 Fabric
Fund		 Total
Funds
£ £ £ £ £ £ £ £
38,327 38,327
1,678 1,678
623 623
770 770
589 589
5,299 5,299
960 3,659 4,619
6,165 6,165
80 80
5,730 5,730
2,370 2,370
48,326 9,389 8,535 66,250
48,326 9,389 8,535 66,250
3,901 3,901
916 916
4,817 4,817
53,143 9,389 8,535 71,067
92,882
980
5,285
99,147
-600
600
92,282
980
5,885
99,147

3a Grants

3b Activities Directly Relating to the Work of the Church

3c Fund raising & Publicity

3d Church Management & Administration

8 (b)

Holy Ascension Church, Mappleborough Green Notes to the Financial Statements (continued) For the Year Ended 31st December 2020

3 Resources Used

3a Grants

Missionary and Charitable Giving Church Overseas

3b

3c

Fund raising & Publicity

Cost of Fetes, Bazaars and Other Fund Raising Events Advertising Total

3d Church Management & Administration

Administration:

Secretarial Expenses Office Expenses (incl Printing, Stationery, Postage & Env Scheme Office Furniture/Equipment and Repairs Sundries Covenant Secretary's Expenses Lunchbox Management Expenses Bank Charges Total

Total Resources Used

Net Resource Before Transfers

Funds Transfers

Amount shown as income in Financial Activities Statement

Unrealised Gains/(Losses)

Depreciation

Net Movement in Funds

MAPPLEBOROUGH GREEN MAPPLEBOROUGH GREEN MAPPLEBOROUGH GREEN MAPPLEBOROUGH GREEN MAPPLEBOROUGH GREEN MAPPLEBOROUGH GREEN MAPPLEBOROUGH GREEN MAPPLEBOROUGH GREEN MAPPLEBOROUGH GREEN
2020 2019
General
Fund		 Ankcorn
House		 Fabric
Fund		 Total
Funds		 General
Fund		 Ankcorn
House		 Fabric
Fund		 Total
Funds
£ £ £ £ £ £ £ £
19,479
19,479
563
563
366
366
457
457
306
306
4,690
4,690
941
626
1,567
56,839
56,839
1,246
1,246
493
493
3,728
3,728
6,273
6,273
28,048
1,119
66,840
96,007
28,048
1,119
66,840
96,007
2,046
2,046
560
560
2,606
2,606
30,654
1,119
66,840
98,613
-190
-841
-65,999 -67,030
-18,500
18,500
-18,142
-18,142
-36,832
-841
-47,499 -85,172
102 102
102 102
19,164 19,164
814 814
372 372
389 389
396 396
6,111 6,111
900 583 1,483
1,350 1,350
606 606
420 420
1,112 1,112
29,496 1,189 1,532 32,217
29,496 1,189 1,532 32,217
168 168
168 168
1,951 1,951
458 458
15 15
2,424 2,424
32,190 1,189 1,532 34,911
40,662
-37
-1,184
39,441
14,902
14,902
55,564
-37
-1,184
54,343

8 (c)

Parish of Studley with Mappleborough Green Notes to the Financial Statements (continued) for the Year Ended 31st December 2020

Supplementary Detail
2 Income
2b Other Voluntary Incoming Resources
Grants
Studley/Mappleborough Green Parish Council
Studley Charities
Listed Place of Worship VAT Grant & Allchurches Trust
Total
Legacies
Edna Evans, Studley & Joan Welsh, Mappleborough Green
Total
Fetes & Other Fund Raising Events
Parish Party
Summer Fete
Autumn Fair
Smartie Tubes
Annual Fund Raising Event/Gift Day
General Fund Raising
Maundy Supper
Fund Raising V900
Lunch Box
Other Fund Raising Events
Total
Donations
Sundry
Total
Total		 Studley Studley Mappleborough
Green		 Mappleborough
Green
2020 2019 2020 2019
600 100
1,822 243 503
1,822 843 503 100
92,660 40,493
92,660 40,493
1,170
13
1,183
1,822 93,503 503 41,776

9

Parish of Studley with Mappleborough Green Notes to the Financial Statements (continued) for the Year Ended 31st December 2020

Supplementary Detail

3 Expenditure 3a Grants

Missionary Societies Amasango Total

Studley Studley Mappleborough
Green		 Mappleborough
Green
2020 2019 2020 2019
102
102

Relief & Development Agencies

Total

Home Missions & Other Church Societies

Total

Secular Charities

Total

Total

102

10

Parish of Studley with Mappleborough Green Notes to Financial Statements (continued) for the Year Ended 31st December 2020

Supplementary Detail

Studley Studley Mappleborough
Green		 Mappleborough
Green
2020 2019 2020 2019

3 Expenditure (continued)

3b Activities Directly Relating to Work of the Church

Clergy Expenses

Visiting Speaker Visiting Clergy Expenses - Vicar Expenses- Curate Expenses - Associate Minister Printing - Vicar Printing - Curate Postage - Vicar Stationery - Vicar Stationery - Curate Telephone - Vicar Telephone - Curate Total

Upkeep of Services

Worship Total

Other Ministry Costs

Confirmation Expenses Robes Church Music Licence Service Books Royal Society of Church Music Readers Annual Subscription Deanery Levy Ecumenical Work Youth Work Sunday School/Kidschurch Church School Mission Work Total

Running Costs

Cleaning Electricity Oil Water Rent of Ankcorn House Insurance Traidcraft Purchases Sundry Costs Total

Maintenance

Routine Maintenance - Church Fire Equipment - Church Tuning of Organ & Piano Total

49 11
325 901 176 450
210 158 105 68
6 3
33 16
356 71 178 35
12 53 6 26
116 58
389 195
68 57 21 29
1,125 1,678 563 814
836 623 366 372
836 623 366 372
460 456 239 232
132
203 312 86 157
662 768 457 389
857 486 456 176
1,182 571 965 2,053
53 64
600
2,324 2,472 2,095 2,104
1,796 1,705 1,174 1,177
6,211 5,298 4,690 6,110
1,441 561 562 506
151 88 68 94
324 312 312 300
1,916 961 941 900

11

Parish of Studley with Mappleborough Green Notes to Financial Statements (continued) For the Year Ended 31st December 2020

Supplementary Detail

Studley Studley Mappleborough
Green		 Mappleborough
Green
2020 2019 2020 2019

3 Expenditure (continued)

3b Activities Directly Relating to Work of the Church (continued) Parish Centre/Ankcorn House Running Costs

Electricity
Gas
Oil
Insurance
Fire Extinguishers
Garden Maintenance
Water (2017 refund of overcharge to Ankcorn House)
Caretaker/Cleaner
Cleaning Materials
Lottery & Amusement Act Licence
Sundry Expenses
Total Running Costs
Repairs & Maintenance
Total Parish Centre/Ankcorn House Costs		 476 478 137 141
785 542
200
774 774 230 231
206 95
1,100 1,308
22 64 127 9
2,160 1,974 26
429 495
5,952 5,730 494 607
4,563 3,659 626 583
10,515 9,389 1,120 1,190

3c Fund Raising & Publicity

Stewardship Expenses
Summer Fete Expenses
Autumn Fair Expenses
Parish Party Expenses
Sundry Fund Raising Costs - Church
Sundry Fund Raising Costs - Fabric
Publicity & Advertising
Lottery Licence - Parish Centre
Total
3d Church Management & Administration
Telephone - Parish Administrator
Postage - Parish Administrator
Stationery - Parish Administrator
Printing - Parish Administrator
PCC Administration Costs
Audit Costs
Total
734 394
94 145
219 303
40 41
33 33
1,120 916

12

Parish of Studley with Mappleborough Green Notes to the Financial Statements (continued) For the Year Ended 31st December 2020

4 Staff Costs

St. Mary's church paid a self-employed couple to cover the duties of caretaker and cleaner for the Parish Centre. The monthly cost was £180 per month. (These costs are shown under section 3b on page 12)

The Administrator employed by the Parish was paid a salary of £6,138 for the year to 31st December 2020. This was based on the National Living Wage rate of £9.30 an hour for a 55 hour month. (These costs are shown under section 3d on pages 8b and 8c)

Stipendiary clergy have been reimbursed for expenses incurred in the course of their parish duties. These costs are shown on section 3b on pages 8b and 8c. .

Apart from the people mentioned above no other person received any remuneration or reimbursement of expenses and nobody received £40,000 or more per annum

5a Fixed Assets (See Page 14 for details)

Freehold Land and Buildings - Holy Ascension Church

This comprises of Ankcorn House at a 1997 insurance valuation of £74,056

Freehold Land and Buildings - Studley Church

This comprises of the Parish Centre at a 1997 insurance valuation of £120,000

Church Equipment

This refers to equipment owned by the individual churches and shared equipment owned jointly through the PCC and comprises of such items as sound equipment, musical equipment, computers, printers, duplicator and projectors.

5b Investments

At the 31st December 2020 Holy Ascension Church held 6,296.64 units in the M&G Investment Fund for Charities (Charifund), at £13.7257 each. This valued the investment at £86,425.79 which showed an unrealised loss of £18,141.88 for the year.

6 Debtors
PCC Treasurer's Account
Gift Aid Tax Recoverable
Advance payment for Broadband and Zoom licence
7 Liabilities: Amounts Falling Due Within One Year
Balance of Gift for Upkeep of Studley Churchyard
Advance monies received for booklets
Gift Aid owed
Amount due to Studley DCC
Amount due to Mappleborough Green DCC
Provision for Rector's December Expenses
Provision for Curate's Expenses
Provision for Accounts Review Gift
8 Bank Accounts
(a) Short Term Deposits
General Fund
Parish Centre
Ankcorn House
Fabric Fund
(b) Cash at Bank and In Hand
General Fund
Parish Centre
Ankcorn House
Fabric Fund
9(a) Funds
5a Fixed Assets and Investments
5b Investments
6 Debtors
7 Liabilities
8a Short Term Deposits
8b Bank Current Accounts
See page 15 for Fund Holdings		 Parish
Fund		 St. Mary's Holy
Ascension		 Total
69
44		 1,558
2,977		 957
1,004		 2,515
4,051
44
113 4,535 1,961 6,609
-1,558
-957
-378
-357
-50		 -862
-16		 -30 -862
-16
-30
-1,558
-957
-378
-357
-50
-3,300 -878 -30 -4,208
131,554
14,068
10,779		 48,076
7,797		 179,630
14,068
18,575
156,400 55,873 212,273
11,457 2,958
1,145
3,185		 16,992
1,139
2,028		 31,407
1,145
1,139
5,213
11,457 7,288 20,159 38,904
113
-3,300
11,457		 120,000
4,535
-878
156,400
7,288		 74,056
86,426
1,961
-30
55,873
20,159		 194,056
86,426
6,610
-4,208
212,273
38,905
8,270 287,345 238,445 534,060

13

Parish of Studley with Mappleborough Green Schedule of Fixed Assets as at 31st December 2020

Schedule 5(a)

5 Assets

Total
Year Parish Studley Mappleborough Fixed Land & Buildings Total
Ending £ Cumulative Detail £ Cumulative Detail £ **Cumulative ** Detail Assets Studley
M/G		 Assets
Additions at cost
Cumulative Balance b/fwd 2011 7,791.21 13,364.07 9,953.48 31,108.76 120,000.00 74,056.00 225,164.76
2012 589.98 8,381.19 Administrator's Computer 1,350.80 14,714.87 Sound System 9,953.48 33,049.54 120,000.00 74,056.00 227,105.54
2013 8,381.19 6,442.23 21,157.10 Projectors/Screens 9,953.48 39,491.77 120,000.00 74,056.00 233,547.77
2014 -255.01 8,126.18 Scrap Computer/photocopier 21,157.10 9,953.48 39,236.76 120,000.00 74,056.00 233,292.76
2015 193.80 8,319.98 Administrator's Printer 21,157.10 9,953.48 39,430.56 120,000.00 74,056.00 233,486.56
2016 639.99 8,959.97 21,157.10 9,953.48 40,070.55 120,000.00 74,056.00 234,126.55
2017 841.99 9,801.96 Printer, laptop and software 21,157.10 9,953.48 40,912.54 120,000.00 74,056.00 234,968.54
2018 9,801.96 21,157.10 9,953.48 40,912.54 120,000.00 74,056.00 234,968.54
2019 1,767.99 11,569.95 Computer and Photicopier 21,157.10 9,953.48 42,680.53 120,000.00 74,056.00 236,736.53
Depreciation charged
Cumulative Balance b/fwd 2011 7,420.77 13,364.07 9,953.48 30,738.32 30,738.32
2012 534.28 7,955.05 187.68 13,551.75 9,953.48 31,460.28 31,460.28
2013 196.68 8,151.73 450.24 14,001.99 9,953.48 32,107.20 32,107.20
2014 -548.65 7,603.08 2,597.67 16,599.66 9,953.48 34,156.22 34,156.22
2015 396.05 7,999.13 2,410.04 19,009.70 9,953.48 36,962.31 36,962.31
2016 284.06 8,283.19 2,147.40 21,157.10 9,953.48 39,393.77 39,393.77
2017 1,109.83 9,393.02 Items purchased in 2017 w/off 21,157.10 9,953.48 40,503.60 40,503.60
2018 213.36 9,606.38 21,157.10 9,953.48 40,716.96 40,716.96
2019 1,963.57 11,569.95 21,157.10 9,953.48 42,680.53 42,680.53
Net Book Value
Cumulative Balance b/fwd 2011 370.44 370.44 120,000.00 74,056.00 194,426.44
2012 426.14 1,163.12 1,589.26 120,000.00 74,056.00 195,645.26
2013 229.46 7,155.11 7,384.57 120,000.00 74,056.00 201,440.57
2014 523.10 4,557.44 5,080.54 120,000.00 74,056.00 199,136.54
2015 320.85 2,147.40 2,468.25 120,000.00 74,056.00 196,524.25
2016 676.78 676.78 120,000.00 74,056.00 194,732.78
2017 408.94 408.94 120,000.00 74,056.00 194,464.94
2018 195.58 195.58 120,000.00 74,056.00 194,251.58
2019 120,000.00 74,056.00 194,056.00

Fixed assets purchased prior to 2005 were depreciated over 5 years on a straight line basis. Computers purchased after 2005 and the second hand photocopier purchased in 2005 depreciated over 3 years.

Each church purchased a new projector in December 2006 and these were depreciated over 5 years.

The PCC purchased a new printer scanner and a Ricoh duplicator in 2007 for use in the Parish Office. The printer scanner was depreciated over 3 years and the duplicator over 5 years.

The PCC purchased a new laser colour printer in 2009 for use in the Parish Office. The printer was depreciated over 3 years.

Land and Buildings are not depreciated and are recorded in the accounts at the 1997 insurance valuation.

Old fully depreciated computers, which have been scrapped, were removed from the cost and depreciation base in 2006.

In 2012 a new computer was purchased for use in the Parish Office.

In 2013 projectors and screens were installed in St. Mary's Church just before the end of the year so depreciation will commence from 1st January 2014.

In 2014 a new laptop was purchased through the PCC for general use in the churches; the photocopier was sold and an old computer was scrapped.

In 2015 a new printer was purchased for the Administrator's use, but the cost was such that it was decided to write it off over 12 months.

In 2016 a new laptop was purchased for general use.

At the 2016 review of accounts the Independent Examiner recommended that any items of equipment costing up to £1,000 should be fully expensed in the year of purchase.

In 2017 a new computer was purchased through the PCC for Studley Church along with software and a printer for the administrator at a cost of £841.99 which was expensed in the year. No purchases or disposals were made in 2018.

In 2019 a second hand photocopier was purchased for £1,000 plus VAT. It was felt that it would be prudent to write this item off in the year of purchase. A new computer was bought for the Parish Office at a cost of £567.99 and this was also written off.

No purchases or disposals were made in 2020 and there were no asset values to be depreciated in 2020

14

Schedule 9b

Parish of Studley with Mappleborough Green Notes to the Financial Statements (continued) For the Year Ended 31st December 2020

Fund Holdings

Funds Parish St. Mary's St. Mary's Holy Ascension Holy Ascension Holy Ascension Grand
Unrestricted Restricted Total Designated Unrestricted Restricted Endowment Total Designated Unrestricted Restricted Endowment Total Total
Ankcorn House Funds 1,139 1,139 1,139
Ankcorn House Building 74,056 74,056 74,056
Chancel Restoration Fund 100 100 100
Charifund Investment Fund 86,426 86,426 86,426
Children's Arts & Craft Fund 155 155 155
Christian Education 492 492 492
Churches Together
Coffeehouse 100 100 100
Cross of Nails Link (S.Africa)
Decor8 659 659 659
Equipment 1,612 1,612 1,612
Fabric Fund 12,481 12,481 9,785 9,785 22,265
Flower Fund 89 89 89
Friendship Group 28 28 28
General Fund 102 102 138,401 138,401 66,020 66,020 204,523
Legacy
Memorials
Mission 753 753 753
New Wine
Parish Centre Funds 15,212 15,212 15,212
Parish Centre Building 120,000 120,000 120,000
Prepaid Funerals
Property Refurbishment 480 480 480
Memorial 300 300 300
Memorial Trees 338 338 338
Outreach 137 137 137
Vision 900 Appeal
Youth Work 5,195 5,195 5,195
Total 102 8,168 8,270 292 138,401 28,652 120,000 287,345 86,426 66,020 11,943 74,056 238,445 534,060

ATG 21/01/2021

15

Parish of Studley with Mappleborough Green Christian Ministry Analysis Year to 31st December 2020

Total Resources Used
less:
Major Repairs & Refurbishment
Parish Centre/Ankcorn House Repairs
Architects Fees
Professional fees
Total Ministry Costs		 2020 2020 2020 2020
PARISH STUDLEY PCC
General
Fund		 General
Fund		 Parish
Centre		 Fabric
Fund		 Total
Funds		 Total
Funds
£ £ £ £ £ £
170,018
60,301
3,728
6,273
1,026
98,690

16

Studley Income and Expenditure Comparison 2020 v 2019

Income
Donors
Charitable Trading
Voluntary Income
Investment Income
Total Income
Expenditure
Church Costs
Grants
Support Costs
Administration
Fund Raising/Publicity
Total Expenditure		 2020
2019		 2020
2019
48,663
1611		 47,074
5554
,
0		 ,
600
1,645 137
**51,919 ** 53,365
2020
2019
50,997 48,326
4,117
 3,901
1,120 916
0 0
**56,234 ** 53,143
Net Movement
Investment Income
True Surplus/Deficit		 2020
2019		 2020
2019
-4,315 222
1,645 137
-5,960 85

----- Start of picture text -----
Income Income
60,00070000
60000
50,000
50000
40,000
40000
30,000
30000
20,00020000
10,10 0 0 0 0
00 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
2020 2019
Donors DonorsCharitable TradingCharitable TradingVoluntary Income Investment IncomeVoluntary Income Investment Income
ExpenditureExpenditure
60,00070000
50,00060000
40,00050000
40000
30,000
30000
20,000
20000
10,000
10000
0
0 2020 201 9
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Church Costs Grants Support Costs Administration Fund Raising/Publicity
Church Costs Grants Support Costs Administration Fund Raising
----- End of picture text -----

----- Start of picture text -----
True Surplus/Deficit
1,000
0
-1,000
-2,000
-3,000
-4,000
-5,000
-6,000
-7,000
2020 2019
----- End of picture text -----

17

Studley Church Analysis of Donor Giving and Church Running Costs 2020 v 2019

----- Start of picture text -----
Income IncomeIncome
Donors 2020 2019 2500030,000
Plate 889 4,272
Envelopes 724 3,060
25,000
Standing Orders 19,382 24,429 20000
Give As You Earn 9,037
Donations - Gift Aid 8,874 3,727 20,000
Donations - Non Gift Aid 2,205 1,709 15000
Charities Aid Foundation 170 265 15,000
Wedding Collections 50 518
Baptism Collections 20 350 1000010,000
Funeral Collections 121 20
Christingle Collection 5,000
Income Tax Refund 7,190 8,724 5000
Total Income - Donors 48,663 47,074 0
2020 2019
0 Plate Envelopes Standing Orders
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Give As You Earn Donations - Gift Aid Donations - Non Gift Aid
Plate Envelopes Standing Orders Annual Covenant
Donations - Gift AidCharities Aid FoundationDonations - Non Gift AidWedding CollectionsCharities Aid Foundation Wedding CollectionsBaptism Collections
Baptism CollectionsFuneral CollectionsFuneral CollectionsIncome Tax RefundChristingle Collection Income Tax Refund
Expenditure
Church Costs 2020 2019
Parish Share 38,957 38,327 ExpenditureExpenditure
Clergy 1,125 1,678 5000045,000
Worship 1,498 1,393 4500040,000
Running Costs 9,416 6,928
Total Expenditure 50,997 48,326 4000035,000
35000
30,000
30000
25,000
25000
20,000
20000
15,000
15000
10,000
10000
50005,000
0 0
2003 2004 2005 20202006 2007 2008 2009 2010 20112019 2012
RunRun ni ng Costsng CostsParish ShaPa r eish ShareClergy WorshipClergy Worship
----- End of picture text -----

Average Givin Average Givin g 2020 Average Giving 2019 Average Giving 2019 Average Giving 2019
£ Congregation £ Congregation £
889
724
28,419
8,874
2,205
170
7,190
48,471		 Average Number Yearly
 Weekly Average Number Yearly Weekly
Plate
Envelopes
Standing Orders
Donations - Gift Aid
Donations - Non Gift Aid		 889 4,272
724 3,060
28,419 24,429
8,874 3,727
2,205 1,709
Charities Aid Foundation 170 265
Income Tax Refund 7,190 8,724
Total 48,471 88 550.81 10.59 46,186 88 524.84 10.09

The most recent published data for Church of England shows average planned giving (tax efficient and other giving) per person in 2016 was £12.30 per week. Gift Aid allows us to reclaim 25p for every £1 given by a tax payer.

Average congregation number unknown in 2020 due to church closure during Coronavirus pandemic. Therefore, attendance has been kept the same for both years.

18

Mappleborough Green Income and Expenditure Comparison 2020 v 2019

----- Start of picture text -----
IncomeIncome
30,00035000
30000
25,000
25000
20,000
20000
15,000
15000
10,000
10000
5,0005000
0 0
2001 2002 2003 200420202005 2006 2007 2008 2009 2010 20112019 2012
DonorsDonors Charitable TradingCharitable Trading Voluntary IncomeVoluntary IncomeInvestment IncomeInvestment Income
35,000 ExpenditureExpenditure
35000
30,000
30000
25,000
25000
20,000
20000
15,000
15000
10,000
10000
5,000
5000
0
2020 2019
0
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Church Costs Grants Support Costs Administration Fund Raising
Church Costs Grants Support Costs Administration Fund Raising
----- End of picture text -----

Income
Donors
Charitable Trading
Voluntary Income
Investment Income
Total Income		 2020
2019		 2020
2019
24,573 23,660
1,412 2,025
0 1,283
4479 5391
,
**30,464 **		 ,
32,359
Expenditure
Church Costs
Grants
Support Costs
Administration
Fund Raising
Total Expenditure		 2020
2019		 2020
2019
28,048 29,496
0 102
2,046 1,951
560 473
0 168
**30,654 ** 32,190

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True Surplus/Deficit
-4,300
-4,400
-4,500
-4,600
-4,700
-4,800
-4,900
-5,000
-5,100
-5,200
-5,300
2020 2019
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Net Movement
Investment Income
True Surplus/Deficit		 2020
2019		 2020
2019
-190 169
4,479 5,391
-4,669 -5,222

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Mappleborough Green Church Analysis of Donor Giving and Church Running Costs 2020 v 2019

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Income Income
Donors 2020 2019
16,000
Plate 306 1,541
Envelopes 497 1,069 14,000
Standing Orders (+GAYE) 14,399 13,194
Annual Covenant 200 450 12,000
Donations - Gift Aid 3,908 2,214 10,000
Donations - Non Gift Aid 536 207
Charities Aid Foundation 300 300 8,000
Wedding Collections 0 373
6,000
Baptism Collections 12 241
Funeral Collections 0 45 4,000
Christingle Collection
Income Tax Refund 4,415 4,025 2,000
Total Income - Donors 24,573 23,659 0
2020 2019
Plate Envelopes Standing Orders (+GAYE)
Annual Covenant Donations - Gift Aid Donations - Non Gift Aid
Charities Aid Foundation Wedding Collections Baptism Collections
Funeral Collections Christingle Collection Income Tax Refund
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Expenditure
Church Costs 2020 2019
Parish Share 19,479 19,164 Expenditure
Clergy 563 814 25,000
Worship 823 761
Running Costs 7,183 8,757
Total Expenditure 28,048 29,496 20,000
15,000
10,000
5,000
0
2020 2019
Running Costs Parish Share Clergy Worship
Average Giving 2020 Average Giving 2019
Congregation £ Congregation £
Average Number Yearly Weekly Average Number Yearly Weekly
Plate 306 1,811
Envelopes 497 988
Standing Orders 14,399 13,751
Annual Covenant 200 350
Donations - Gift Aid 3,908 2,026
Donations - Non Gift Aid 536 175
Charities Aid Foundation 300 458
Income Tax Refund 4,415 4,709
Total 24,561 42 584.79 11.25 24,268 42 577.81 11.11
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The most recent published data for Church of England shows average tax efficient giving per person in 2016 was £12.30 per week. Gift Aid allows us to reclaim 25p for every £1 given by a tax payer.

Average congregation number unknown in 2020 due to church closure during Coronavirus pandemic. Therefore, attendance has been kept the same for both years.

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