2020-12-31-accounts

	The Parish office address is Burchetts Green Pansh Office,The Soltau Centre, StJames Maidenhead, Berks SL6 6QW	The Parish office address is Burchetts Green Pansh Office,The Soltau Centre, StJames Maidenhead, Berks SL6 6QW	The Parish office address is Burchetts Green Pansh Office,The Soltau Centre, StJames Maidenhead, Berks SL6 6QW	The Parish office address is Burchetts Green Pansh Office,The Soltau Centre, StJames Maidenhead, Berks SL6 6QW	the	Less	Church,	Henley Road, Stubbings,
	The following persons		have served as members (trustees) ofthe FCC from 1stofJanuary 2020 until the date this report was approved,
	unless otherwise	stated.
	Incumbent			The Reverend Keith Nichols, Vicar (retsed Apnl 2020)
	Assomate Minister			Revd John Ainslie ¹ (co-opted to the PCC from 4th Illlarch 2021			until
				30June 2021 Ex offimo member from 1st July 2021)
	Assistant Curate			Revd Tine Molyneux (Co-opted member)
	Vice Chair			Rosalind Bentley ¹ (Vice Chair from Apnl 14th, 2020,	prewously		an
				elected member)
	Churchwarden			Jane Smith Hurley
	Churchwarden			Richard Moores ¹ Littlewick Green
	Churchwarden			Jenny Robinson Littlewick Green
	Churchwarden			Mary Cooper Stubbings
	Churchwarden Deanery Synod Representative			Sue Harnngton-Hill ¹ Stubbings Tom Dobmson ¹**
	Deanery Synod Representative			Teresa Kennard, LLM (until 18th October 2020)
	Deanery Synod Representative			Elaine Illlordaunt (until 18th October 2020)
	Elected Member			Fiona Fieldhouse
	Elected Member			Joleen Newton
	Elected Member			Hazel O' Connor (until 25th July 2021)
	Elected Member			Sally Gray (until 18th October 2020)
	Elected Member			Tim Bowler (from 18th October 2020)
	Elected Member			John Johnston (from 18th October 2020 until 25 July 2021)
	Elected Member			Mana Quantnll (from 18th October 2020)
	Elected Member			Richard Curry (from 25th July 2021)
¹	identifies current	member ofthe		Standing Committee. **identifies acting Treasurer
	Principal advisers
	Bankers			Lloyds TSB,45 High Street, Maidenhead,	Berkshire
	Independent		Examiner	Cohn C Evans, 25 Ciarefield Dnve, IVIaidenhead,		Berkshire

					Unrestncted	Restricted
2019				Notes	funds	funds	Total
6						8	6
	Income 8 Endowments
138,573	Voluntary income			3a	74,255	1,364	75,619
9,416	Actiwties for generating funds			3b	1,785	2,184	3,969
3,928	Income	from investments		3c	2,057		2,057
52,930	Income	from church activities		3d	30,906	185	31,091
204,847		Total incoming	resources		109,003	3,733	112,736
	Expenditure
145,845	Church	Actwities		4a	125,115	6,003	131,118
3,671	Raising	funds		4b	1,703	1,092	2,795
149,516		Total resources	expended		126,818	7,095	133,913
		Net incomingl(outgoing)	resources
55,331		before	transfers		(17,815)	(3,362)	(21,177)
	Gross transfers between funds			12	(1,158)	1,158
		Netincoming/(outgoing)	resources
55,331	before other recognised gains/(tosses)				(18,973)	(2,204)	(21,177)
	Other recognised gains((losses)
6,531	Gains/(losses) on investment		assets		2,101		2,101
61,862		Net movementin	funds		(16,872)	(2,204)	(19,076)
163,193		Total funds brought	forward		98,324	126.731	225,055
225,055		Total funds carried	forward		81,452	124,527	205,979

1	Basis of preparation
	The finanoal statements have been prepared in accordance with the Church (Accounts and Reports) Regulations					2008,	the Chanties Act 2011,				and
	the Statement of Recomrriended Practice by Chanties SORP(FRS102), as weg as The PCC (Powers) Measure			1956,The Church					Representahon
	Rules, and The Church Accounting Regulations 2006
	The accounts are drawn up under the histoncal cost convention as modified by the inclusion of investment		assets		at market			value	The accounts
	include ag transactions, assets and liabikties for which the PCC is responsible in law These accounts do		not include the				accounts		ofchurch groups
	that owe their main affiliation to another body nor those that are informal gathenngs of church members
	Although the total income of the PCC is below F250 000 the PCC has decided to present accounts on the		accruals			basis
2	Accounting policies
	Funds
	Unrestncted funds are general funds available for the general oblectives ofthe church
	Designated funds are unrestricted funds that have been set aside by the PCC for particular purposes
	Restncted funds can only be used for the purposes for which they have been given, within the obiectives		ofthe	church The				cost of raising and
	admmistenng such funds are charged agamst those spemfic funds Details of each fund is given in Note	12
	Incoming resources
	Ag mcommg resources are mcluded m the SOFA when the church becomes legally entitled to the income		and when			the amount can be quantified
	with reasonable certamty
	Collections are recognised when recewed by or on behalf ofthe PCC Planned giving is recognised only	when		received.			Grants and legames are
	recogmsed as soon as the PCC becomes aware of its legal entitlement and the amount due is quantifiable		with	reasonable				certainty
	Income tax recoverable on gift aid donations is accounted for when the gift is received not when the tax refund			is	received
	When incoming resources have related expenditure (as with fundraising mcome) the mcommg resources		and the		related		resources expended			are
	accounted for gross in the SOFA
	Gifts in kmd are accounted for at a reasonable esbmate oftheir value to the church or the amount actually		realised			Gifts	m kind for use by the
	church are included in the SOFA as incoming resources when recewable
	Rental income from lettmg the Church Hall is accounted for when it falls due
	Dnndends and interest are accounted for when receivable and include any recoverable tax
	Reahsed gains are accounted for on assets held for the church's own use are taken into account at the	time of		sale
	Resources expended
	Expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation			to	pay for		goods or		services
	AII costs have been directly attnbuted to the venous categones within the SOFA
	Any general support costs have been allocated across activity cost categones on a basis consistent with		the use of resources based on an
	allocation of actual costs
	As the church is not registered for VAT, all expenditure is shown mclusive of VAT
	Governance costs include the cost ofthe preparation ofthe annual accounts, the cost of PCC meetings	and the legal cost of advice on governance
	or constitutional matters
	Grants and chantable giving are accounted for when paid over or when awarded, ifthe award creates a	bmding		obligation			on the PCC, provided				that
	there are no conditions to be met relatmg to the grant which remam m the control ofthe church
	Parish Share is accounted for when paid except that any Pansh Share unpaid at the end ofthe finanmal	year is provided					for	in the	accounts as	a
	constructive obligation, although not a ltabrliu and is mcluded in the balance sheet as a bability
	Fixed assets
	Ag capital expenditure in excess ofF5,000 for a single item or a group of similar items, is capitaksed Depreciation					is charged on a straight-Ime
	basis, based on the estimated useful bfe ofthe asset Depremation is charged when the asset becomes	available			for use		and a full year of
	deprecation is charged in the first year
	In 2020 the PCC reviewed the fully deprecated fixed assets that had previoulsy been reported on the balance sheet and						decided that it would			be
	better to only report those assets still m use This is reflected In note 7 which shows the disposal of623,917of			fupy		depreciated assets
	In 2021 the PCC deoded to capitalise the Littlewtck Green Cabm which had previously been expensed	m	the 2019Accounts					The	impact ofthis		in
	2019is that the expenditure for raising funds in 2019 has been reduced by F50687 and a corresponding		amount		has been			added	to fixed assets
	No deprecation was charged for 2019as the Cabm was not ready for use until 2020 The Cabin was completed			in		2020	and a full		year of
	depremation (F5,069) has been charged to the 2020 accounts, based on an estimated useful life of 10years

2019					2020
Totai funds	3 income &Endowments			Unrestncted	Restncted	Total funds
8				f	5
	3a Voluntary income
	Recurnng income
43,262	Tax - efficient planned		gimng (excl tax)	51,330	1 206	52,536
11,039	Collections of loose	cash at services		6,506		6,506
16,012	Other individual donations			5,670	158	5,828
1,067	Grants
11,982	Tax recoverable			10,749		10,749
83,362				74,255	1,364	75,619
	Non-recurnng income
	Legaoes
55,211	Grant from LG Sunday		School Trust for Cabin
	Special appeals
138,573				74255	1,364	75,619
	3b Activities for generating		funds
3,805	Social events dunng	the year		90		90
2,374	200 Club				2,184	2,184
1,114	Hurley cream tees
2,123	Traidcraft sales			1,695		1,695
9,416				1,785	2,184	3,969
	3c Income from Investments
3,928	Bank interest and dimdends			2,057		2,057
3,928				2,057		2,057
	3d Income from Church Activities
18,866	Parochial fees			9,828		9,828
13,843	Hurley Church Estates			12456		12,456
2,278	Magazines including	adverts		843		843
17,080	Church hail letting			6,072		6,072
550	Insurance claims
313	Sundry income			1,707	185	1,892
52,930				30,906	185	31,091
204,847	Total Incoming Resources			109,003	3,733	112,736

	Trustees'	A	nnu	al	Report for Notes to	the year ended 31 D the accounts	ecember 2020
2019							2020
Total funds	4 Expenditure					Unrestricted	Restricted		Total funds
E						E		f	f
	4a Church Activities
69,286	Diocesan quota					71,018			71,018
55,634	Church running costs					37,977	5,367		43,344
2,443	Clergy expenses					1,552			1,552
10,341	Salary &soaal secunty			costs		10,290			10,290
3,250	Charitable donations
821	Training, books, sundry,			subscnptions		68		636	704
211	Bank charges					194			194
3,859	Pnnting, stationery,		postage		&computer	4,016			4,016
	Equipment expenses
	Uninsured damage
145,845						125,115	6,003		131,118
	4b Raising Funds
325	Social events during		the	year		380			380
1,197	200 Club (pnzes)						1,092		1,092
1,572	Traidcraft cost ofsales					1,323			1,323
577	L G Sunday School Cabin costs
3,671						1,703	1,092		2„795
149,516	Total Resources	Expended				126,818	7,095		133,913
	5 Staff costs						2,020		2,019
							E		E
	INages and salanes						8,400		8,451
	Contnbution to staff	pension			fund		1,890		1,890
	Employers National	Insurance
							10,290		10,341

Tangible fixed	assets			Fixtures
			Land &	fittings &
			Buildings	equipment	Total
				E	E
Cost or valuation
At 1 January	2020		50,687	27,259	77,946
Additions				9,885	9,885
Disposals				(23,917)	(23,917)
At 31 December 2020			50,687	13,227	63,914
Depreciation
At 1 January	2020			(27.259)	(27,259)
Charge for year			(5,069)	(1,236)	(6,305)
Accumulated	depreaation	on disposals		23,917	23,917
At 31 December 2020					(9,647
Net book value
At 1 January	2020		50,587		50,687
At 31 December 2020			45,618	8,649	54,267

btors and prepayments	btors and prepayments				Amounts within	falling due one year
					2020	2019
					F
Prepayments Sundry debtors Accrued income - tax refund		due			5,101 2,554 9,000	5,037 10,604 9.250
					16,655	24,891
No amounts were due	in more than one year
ock					2020	2019
					E	E
Stock ofTra idcraft products		for sale			551	492
editors and accrue)a			2020	2020	Amounts within	falling due one year
			Unrestricted	Restricted	2020	2019
						E
Charitable g wing						2,500
Deposits held			200			100
Other creditors &accruals			16630			52 932
			16830		16,830	55,532

				Invest-
General Fund Hurley Church Estates Fund	01.01.20 6 98,324	Income 6 96,547	(Expenditure) 6 (114,362)	ment Gains 6 2,101	Transfers Interest Other 6 (1,158)	6	31.12.20f 81,452
(designated) Total Unrestricted Funds	98,324	12,456 109,003	(12,456) (126,818)	2,101	(1,158		81452
Hurley —flower fund	296				3		299
Hurley - Bouocault grave fund	100				1		101
Hurley - historic Hurley fund Hurley -fabnc &organ fund Hurley - Special Pro)acts Hurley —Pastoral Care Littiewick -flower fund	238 4,709 9,868 1,055 800	243	(167)		2 43 90 10 7		240 4,752 9,958 1,065 883
Littlewick - bells fund	179				2		181
Littlewick —fabnc fund	26						26
Littlewick -Speoal Projects Littlewick —Cabin Stubbings —200 Club Stubbings —fabnc 8 organ fund Stubbings - flower fund	14,020 54,634 8,466 6,628 699	686 2,184	(398) (5,411) (1,092) (27)		128 499 77 61 6		14,436 49,722 9,635 6,689 678
Stubbings —Sound system Stubbings - Special Projects	1,118 23,894	620			10 219		1,128 24,733
Total Restricted Funds	126,731	3,733	(7,095)		1,158		124,527
Total All Funds	225,055	112,736	133,913)	2,101			205,979