| FOR THEYEARENDED31S | T DECEMBER | 2O2O | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | TOTAL TOTAL |
||||
| Funds | Funds | FUNDS FUNDS |
||||
| Notes | e |
! | E 31t12t19 q |
|||
| lncominqResources | 2 | |||||
| Voluntary lncome | ||||||
| Direct Giving | 2a | 326,355 | 30,899 | 357,254 | 393.676 | |
| Grants Received | 2b | 69,417 | 't2,675 | 82,092 | ||
| Events&Activities Activities for GeneratingFunds2c |
s6,378 5,471 |
0 | 56,378 5,471 |
95 713 4.87 4 |
||
| OtherOrdinary lncome Tradinglncome lnvestmentlncome |
2d 2e |
13,190 10,863 93 |
250 0 2 |
't3,40 10,863 95 |
7492 21187 152 |
|
| 4A1,767 | 43,826 | 525,593 | 551 .515 | |||
| ResourcesExDended | 3 | |||||
| GrantsforMission | 49,603 | 1,196 | s0,799 | 54 896 | ||
| LayMinistry | 3b | 55,319 | 15,762 | 71,OA1 | 70,046 | |
| Support Costs | 1,772 | 0 | 1,772 | |||
| Costs directlyrelatingto | ||||||
| theworkofthe church | 3d | 307,392 | 50,u2 | 358,034 | 306,508 | |
| Events andActivities | 3e | u,241 | 0 | 9,241 | 77.621 | |
| TyningsHouse | 3f | 0 | 10,475 | 10,475 | 1A,233 | |
| Governance Costs | 3S | 3,360 | 0 | 3,360 | 2.920 | |
| ChurchManagement | ||||||
| andAdministration | 3h | 28,720 | 79 | 28,799 | 41,809 | |
| TradingCosts | 545 | 0 | 545 | |||
| Costs ofGeneratingFunds | 224 | 0 | 224 | |||
| 501,',t77 | 78,154 |
579,331 | 5704?_1 | |||
| Netmovementinfunds | -19,410 | -34,328 | -53,737 | 18,911 |
||
| Opening Balance | 201,828 | 1,134,095 | 1,335,923 | 1.354 834 | ||
| Transferbetweenfunds | -6,989 | 6,989 | ||||
| Closing Balance | 175,429 | ,t | ,106,757 | 1,282,186 | 1.335,923 |
| BALANCESHEET AT31ST DEC | EMBER2O2O | ||||
|---|---|---|---|---|---|
| Nofes | 31STDECEMBER2O2O f |
31ST DECEMBER 2019 t |
|||
| FixedAssets | |||||
| FixedAssets | 4 | 1,089,808 | 1,122.298 | ||
| -t,08-9,80-t | --nDE{ | ||||
| CurrentAssets | |||||
| Debtors | 67,323 | 58,507 | |||
| Cash at Bank | 165,571 | 198,436 | |||
| 232,894 | 256,943 | ||||
| Creditor5 | 36,447 | 23,304 | |||
| NetCurrent Assets | 196,437 | 233,639 | |||
| LongTermLiabllities | 4,059 | 20,014 | |||
| NETASSETS | E | 1,282,186 | r_l_!!!pz!_ | ||
| Funds | |||||
| Unrestricted Funds | 175,429 | 201,828 | |||
| Restricted Funds | 1,106,757 | 1,134,095 | |||
| e | 1,282,186 | I | 1,335,923 |
| R 1 |
THE YEAR ENDED 31ST DECEMBER2O2O ACCOUNTING POLICIES The accountingpolicjesaresetoutonpage15 |
2020 €e |
2019 |
|---|---|---|---|
| 2 | INCOMING RESOURCES | ||
| 2avoluntaryIncome-Direct Giving(includlngrestrictsditem8) St.Marythe Virgin-Parish Church -gift aid recovery St.Thomas -gift aid recovery St. Mary's Mission Tynings -gift aid recovery Other |
162,880 39,642 't01,486 19,665 27,491 5,887 203 |
192,523 44,386 96,335 19,007 34,368 7,057 0 |
|
| 357,254 | 393,676 | ||
| Grants Received | |||
| Cooper&Jordan Trustre layworkers | 34,33,1 | 25,415 | |
| Other Grants | 3,406 | ||
| 28,821 | |||
| Activities forGenerating Funds | |||
| Fundraising events | 4,915 | 4,318 | |
| Commission onphotographs | 556 | 556 | |
| Trading lncome | |||
| Bookstall lncome | 244 | 284 | |
| Hire of Church Buildings | 20,903 | ||
| 21,187 | |||
| lnvest nent lncome | |||
| Bank lnterest | |||
| RESOURCES EXPENDED | |||
| 3aGrants | |||
| Grants to lnstitutions, local and overseas | 36,235 | 40,332 | |
| Grants to lndividuals, local and overseas | 14,564 | ||
| LayMinistry | |||
| LayWorkersinAldridge | ----Jl-W---J9.P46 | ||
| Support Costs Teaching materials,DBSchecks |
1,772 | 2,337 | |
| Costsdirectlyrelatingtotheworkof the Church | |||
| Parish Ministry | |||
| St.Marythe Virgin - Parish Church | 76,250 | 83,000 | |
| St.Thomas | 55,825 | 61,500 | |
| St. Mary's Mission Tynings | 19,447 | 22,551 | |
| Restric,tedexpenditure on Church Centre | 2,630 | 2,630 | |
| Church Centre Amortisation | 24,653 | 24,653 | |
| General church upkeepetc. St.Marythe Virgin - Parish Church |
,123,26s | 76,378 | |
| St.Thomas | 44,420 | 26,905 | |
| St. Mary's Mission Tynings | 7,544 | 8,891 | |
| 358,034 | 306,508 |
| PAROCHIAL CHURCH GOUNCILOFALDRIDGE | PAROCHIAL CHURCH GOUNCILOFALDRIDGE | |||
|---|---|---|---|---|
| NOTESTO THE FINANGIAL STATEMENTS(continued) | ||||
| FORTHE YEAR ENDED3ISTDECEMBER2O2O | 2020 | 2019 | ||
| !t | ||||
| 3RESOURCESEXPENDEDContinued | ||||
| 3e | EventsandActivities Church activities |
54,241 | 77,621 | |
| Note: lncomeandexpenditure arebothgrossinthe accounts | ||||
| 3f | TyningsHousepurchase(seenote4) | |||
| Loan Interest | 464 | 806 | ||
| Amortisation | 7,361 | 7,361 | ||
| Repairs and refurbishments costs | 2,066 | |||
| 10,233 | ||||
| 3g | Governance Costs | |||
| lndependent Examination Costs | _in99____ | |||
| 3h | Administration | |||
| St. Marythe Virgin - Parish Church St.Thomas |
18,851 9,948 28,799 |
29,696 12)13 41,809 |
||
| 3i | Trading Costs Book stall purchases |
209 | 209 | |
| Catering for Room Hires | 336 545 |
2,076 2.285 |
||
| ASSETS AND INVESTMENTS | ||||
| Fixed Assets Cost |
Church4 Centre* eer |
Tynings Lane** |
Total |
|
| At'lJanuary 2020 Additions |
1,232,641 000 |
151,5371,384,178 | ||
| At 31 December 2020 | 1,232,641 | 151,53713A4,'.t78 | ||
| Amortisation | ||||
| At IJanuary 2020 | 130,357 | 131,523 | 261,880 | |
| Charge foryear | 24,653 | 7,837 | 32,490 | |
| At 31 December 2020 | 155,010 | 139,360 | 294,370 | |
| NetBook Value | ||||
| At1January 2020 | ||||
| At 31 December 2020 |
| L CHURCH COUNCIL OF ALDRIDGE THE FINANCIAL STATEMENTS(continued) EAR ENDED 31ST DECEMBER2O2O |
||
|---|---|---|
| 2020 €e |
2019 | |
| LIABILITIES | ||
| CI€ditons | ||
| Taxation and Social security | 1,568 | 1,s38 |
| Grants Accruals |
11,323 ,t5,039 |
12.217 6433 |
| Other Creditors | 8,527 | 3,116 |
| 36,/t57 | 23,304 | |
| Long TeImLiabiliti€s Longtermloan- RBS* |
4,059 | 20,014 |
| * | _IEE____4!1L |
| FUNDS | ||||||
|---|---|---|---|---|---|---|
| Unr€stricted Funds | ParishStThomas Church Church |
Stirarv's UlEis |
Other | Total | ||
| General Designated |
,t04,720 25,246 7,454 |
270 7,000 |
30,739 | ,60,975 11,454 |
||
| Balance@ 31/12120 | 104,72032,700 | 7,270 | 30,739 | '175,429 | ||
| DetailsofDesignated FundsCaniedFomrard; | ||||||
| StThomas Church | IT/AVFund | 5,000 | ||||
| NetTrust | 2,454 | |||||
| Tynings Lane Churctl | BuildingFund | 7,000 | ||||
| Restricted Funds | Parish | StThomas | St | Marv's | Total | |
| Church | Church | Mission | ||||
| Balanc€@31l12hg | 1,121,161 | 6,425 | 6,509 | 1,'t34,095 | ||
| Receivedinyear | 3,933 | 22,406 | 17,487 | 43,426 | ||
| AllocatedinYear | -25,452 | -26,O21 | -26,681 | -78,155 | ||
| Transfer between funds*** | 6,989 | 6,989 | ||||
| Balance@t1ll2l20 | 1,099,641 | 2,810 | 4,304 | 1,',to6,757 |
| DetailsofRestdcted Funds | CarriedFonard: | CarriedFonard: | ||||
|---|---|---|---|---|---|---|
| ParishChurch | Organ Fund | 4,173 | ||||
| Tower Fund | 3,050 | |||||
| Legacy | 5,004 | |||||
| Church Centre Fund | 1,077,897 | |||||
| Church Weekend Fund | 4,475 | |||||
| Other Funds | 5,042 | |||||
| StThomas | Mission Funds | 1,994 | ||||
| Other Funds | 816 | |||||
| St Mary's Mission Tynings | Children'sWorker | 4,304 | __J,1o6157 | |||
| Restricted funds are reprcsentedby: | TangibleFixed | Assets | 1,077,631 | |||
| Cunent Assets | less Creditors | 29,125 | ||||
| 1,106,7s7 | ||||||
| 2020 EI |
2019 |
|||||
| 10 | staffCosts | |||||
| Wages and Salaries | 134,435 | 130,560 | ||||
| Pension Costs | 2,388 | 2,308 | ||||
| Social Security costs | 4,193 | |||||
| 141,316 | 137,417 |
| 12 | Leases | ||
|---|---|---|---|
| Totalfufureminimum lease payments under non-cancellable | operating leases areasfollows: 2020 2019 |
||
| e | |||
| Notlaterthan one year Laterthan one andnot laterthan five years |
o 00 0 |
2,oo1 2,001 |
| 13 SoFAcomparatives |
|||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | TOTAL | |||
| Funds | Funds | FUNDS | |||
| i_ | c | ||||
| IncominqResources | |||||
| Voluntary lncome | |||||
| Direct Giving | 370,462 | 23,z',t4 | 393,676 | ||
| Grants Received | 21,690 | 7,131 | 28,821 | ||
| Events&Aclivities | 95,713 | 0 | 95,713 | ||
| Activities for Generating Funds | 4,874 | 0 | 4,874 | ||
| Other Ordinary lncome | 7,092 | 0 | 7,O92 | ||
| Trading lncome | 21,187 | 0 | 21,147 | ||
| lnvestment lncome | 148 | 4 | 152 | ||
| 521,166 | 30,349 | 551,5'15 | |||
| Resources Exoended | |||||
| Grants for Mission | 43,727 | 1 | 1,169 | 54,896 | |
| LayMinistry | 55,565 | 't4,481 | 70,046 | ||
| Support Costs | 2,337 | 0 | 2,337 | ||
| Costs directly relating to | |||||
| thework of the church | 274,7',tg | 31,790 | 306,508 | ||
| EventsandActivities | 77,62',1 | 0 | 77,621 | ||
| Tynings House | 0 | 10,233 | 10,233 | ||
| Govemance Costs | 2,920 | 0 | 2,920 | ||
| Church Management | |||||
| andAdministration | 41,809 | 41,809 | |||
| Trading Costs | 2,285 | n | 2,285 | ||
| Costs of Generating Funds | 1.772 | 0 | 1,772 | ||
| so2,754 | 67,673 | 570,427 | |||
| Netmovementinfunds | 18,413 | -37,324 | -18,911 | ||
| Total Fund broughtfoMardat0110'112019 | 188.2341,166,600 | 't,354,834 | |||
| Transfer between funds | -4,819 | 4,E19 | |||
| Total Funds carried lonwa'da13111212019 | 201,828'l,r34,095 | ,t,335,923 |