## ## ||||Page| |---|---|---|---| |PCC Annual
report|||| |Independent
Examiner's||Report|| |Statement of Financial|Activities||| |Balance Sheet|||| |Notes to the Financial|Statements||8-17| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2020||2019| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted||Total funds| ||||funds|funds|Total funds|| |||Note|E|||| |Income and endowments||||||| |Voluntary
Income
Activities for generating
funds
Church
activities and other income||3a)
3b)
3c)|105,210
608
12,124|1,216
-|106,426
608
12,124|115,795
7,961
25,560| |Income from Investments
Total income
Expenditure|||117,942
6325
124,267|'l,216
8
1,224|119,158
~6333
125491|149,316
6 961
156,277| |Church
Activities
Raising funds|||116,646|295|116,941|140,456
581| |Total expenditure|||116646|295|116941|141 037| |Net income l(expenditure)|before|||||| |investment
gains|||7,621|929|8,550|15,240| |Net gains and (losses) on investments||6|19833||19633|29019| |Net Incomel (expenditure)|||27,454|929|28,383|44,259| |Transfers
between
funds||||||| |Net movement
in funds|||27,454|929|28,383|44,259| |Reconciliation
offunds||||||| |Total funds brought
forward
Net movement
in funds (as above)|||370,295
27,454|19,992
929|390,287
2&,383|346,028
44,259| |Total funds carried forward|||397749|20 921|63L6IQ.|390287| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |a) Voluntary
income
Planned
Giving:|||Unrestricted
Funds|Restricted
Funds
E|Total Funds
2020|Total Funds
2019| |---|---|---|---|---|---|---| |Gift Aided donations
Tax recovered
Other planned
giving
Collections|||62,464
17,643
8,541
5 121
93,769||62,264
17„643
8,541
~5121
93,769|60,264
19,449
8,533
13.391
101,997| |Non-recurring
donations
Grants- general
Grants/donations
—Transformation|||4,242
1,505||4,242
1,505|5,378
341| |Donations —St David's chairs
Other donations
Donations soup kitchen St David's
Donations St Michaels Music /sound
Donations
for specific causes
Legacies||system|2,390
29
770
505
2,000
105,210|1,216
1,216|2,390
29
1,216
770
505
2,000
106,426|813
60
1,638
3,118
2,450
115,795| |2019total figures|||114109|1 686|115795|| |b) Activities for generating|funds|||||| |Events and other fundraising
St Michael's
Lectures
Summer fete and draw|||184||184|4,550
357| |Newspaper
collections|||424
608||424
608|2,342
712
7,961| |2019total figures|||7961||7961|| |c)Church activities and other income||||||| |Hall lettings
Book sales /magazine
Coffee and edibles
Fees including
ceremony
income
Other income|||2,441
756
1,866
6,991
70||2,441
756
1,866
6,991
70|13,940
904
3,578
7,174| ||||12,124||12,124|25,560| |2019Total figures|||25 560||25 560|| ## ## ## |||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---| |4.Investment
income||Funds|Funds|Funds
2020|Funds
2019| |Dividends
on investments
Bank interest and interest
investments|on|1,641
4,684||1,641
4,692|1,976
4,975| |||6,325||6,333|6,961| |2019Total figures||6 952|9|6961|| |5.Costs of Church activities|||||| |||Unrestricted|Restricted|Total|Total| |||Funds|Funds|Funds|Funds| |||||2020|2019| |||E||F|| |Common
Fund contribution
Statutory Fees to Diocese
Clergy expenses
Church general and administration
Governance
costs
Altar supplies,
service sheets, gowns
Music
Organ maintenance
Church
utilities
Insurance
Repairs
Specific causes expenditure
St David's Soup kitchen outreach
Missions
and other outreach
StDavid's-||59,872
2,492
1,360
4,134
1,860
2,077
1,917
11,449
10,527
18,262
505
2,191|295|59,872
2,492
1,360
4,134
1,860
2,077
1,917
11,499
10,527
18,262
505
295
2,191|73,408
2,078
1,652
5,269
1,060
1,905
5,452
1,140
17,888
10,192
10,736
2,450
1,030
1,613| |transformation
project (restricted)|||||4,583| |||116,646|295|116,941|140,456| |2019Total figures||134643|5613|140456|| |6.Net gains and (losses) on|||||| |investments|||||| |Realised gains|||||| |Unrealised
gains||19,833||19,833|29,020| |||19,833||19,833|29,020| |2019Total figures||29 020||29 020|| ## ## ## |Fees payable|to the independent|examiner for:|2020
f|2019
F| |---|---|---|---|---| |Independent|examination
ofthe|financial statements|1,860|1,060| ## ## |9.|Fixed Asset|s|s||| |---|---|---|---|---|---| ||a) Tangible|Assets||2020|2019| ||||||E| ||St Michael's|Organ||16371|16371| |b)|Investments||||St| |||||St David's|IIichael's| |||||2020|2020| ||Market value|as at|1 January 2020|98,112|149,204| ||Disposals||||| ||Purchases at|cost|||| ||Net gains/(loss)
Market value as at||31 December 2020|~8598
'I06 710|11235
160439| ||Total Investments||at market value|2020|2019| |||||267 149|247 316| ## ## ## |c)Investments
by fund|||| |---|---|---|---| |||Total|Total| |||Funds|Funds| |||2020|2019| |St David's designated
funds|||| |Organ fund
Fabric fund (curate's house)
Pastoral
fund
St David's
Institute||19,373
24,496
9,277
53,564|17,682
22,356
8,737
49,337| |St Illlichael's general reserve and||106,710|98,112| |designated
funds|||| |Valpy French: general
reserve
Shared interest society: general reserve
Fabric fund (Haldon Road): designated|reserve|145,292
2,000
13147|134,320
2,000
12884| |||160,436|149,204| |Total investments
at fair value||267,149|247,316| ## ## ## ||||||Total|Total| |---|---|---|---|---|---|---| ||||||Funds|Funds| ||||||2020|2019| ||||||E|E| |St David's||||||| |Gift aid||||||| |||||||1,215| |Other debtors|||||1,505|| |St Michael's||||||| |Gift aid|||||1,334|2,558| |Other debtors||||||827| |Total debtors and prepayments||||||4600| |11.Cash at bank||||||| |||||note|Total|Total Funds| ||||||Funds|| |St David's|||||2020|2019| |Main account
Pastoral
fund deposit account
St David's
Institute deposit account
Transformation
fund||||i)
ii)
ii)
iii)|98,448
571
10,380
19,510|84,004
523
8,748
19,501| |||||iv)|128999|112776| |St Michael's||||||| |Main account
Deposit account|||||25,251
131|24,002
34| ||||||25 382|24 036| |Total Cash at bank and
accounts||in investment|fund deposit|v)|154291|136812| ## ## ## |||2020|2019| |---|---|---|---| |||E|E| |Roof|fund (designated)|25,000|25,000| |Soup|kitchen (restricted)|2,960|2,040| |Free|cash|70488|56 964| |||98448|84 004| ## ## |ditors: amounts
falling due within one year||| |---|---|---| ||2020|2019| |St David"s||| |Common
Fund|5,000|| |Other creditors
Accruals|1,975
12449|990
10 126| ||19,424|11,116| |StIlichael's||| |Common
fund||| |Other creditors
Accruals|1,215
2,435|1,421
2,275| ||3,650|3,696| |Total creditors falling due within one year||14612| ## ## ## ## ## ## |||At, 1
January
2020
E|Income
f|Expenses|Transfers|Gain/|At 31
December
2020| |---|---|---|---|---|---|---|---| ||St David's:||||||| ||General
reserve|49,301|90,964|(85,053)|||55,212| ||Organ Fund
Fabric Fund
Pastoral
Fund
St..David's
Institute|17,862
22,356
9,260
58,085|48
1,632|||'1,691
2,140
540
4,227|19,373
24,496
9,848
63,944| ||Roof fund
St Michael's:|25,000
181,684|92,644|~55,953||8,598|25,000
197,873| ||General
reserve|41,407|26,977|(31,592)|4,645||41,437| ||Valpy-French
Haldon
Road|134,320
13,260|4,287
358||(4,287)
(358)|10,972
263|145,292
13,147| |||188,611|31,622|~31,592||11,235|199,877| |||370,295|124,266|~116,646||19,833|397,749| |b)|Restricted Funds||||||| ||St David's:||||||| ||Transformation
Soup kitchen|17,953
2,040|8
1,216|(295)|||17,961
2,960| |||19,992|1,224|~295|||20,921| ||Total|390,287|125,490|(116,941)||19,833|418,670| ## ## ## ## ## ##