2020-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Philemon Toxteth

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			Unrestricted	Restricted	Endowment	TOTAL	FUNDS
			Funds	Funds	Funds	2020	2019
		Note					E
INCOME AND ENDOWMENTS	FROM:
Donations and legacies			90,293	77,605		167,898	135,325
Chartitable activities			8,294	25		8,319	19,130
Other trading actvities
Investments			11,670	83		11,753	18,211
Other income
TOTAL INCOME			110,257	77,713	0	187,970	172,666
EXPENDITURE ON:
Charitable Actvities			105,261	47,115	0	152,376	134,515
Raising funds			2,405	45	0	2,450	11,892
TOTAL EXPENDITURE			107,666	47,160	0	154,826	146,407
			2,591	30,553		33,144	26,259
Gains/(losses) on investments					1,300	1,300	100,564
NET INCOME/(EXPENDITURE)			2,591	30,553	1,300	34,444	126,823
TRANSFER BETWEEN FUNDS
NET MOVEMENT IN FUNDS			2,591	30,553	1,300	34,444	126,823
RECONCILIATION OF FUNDS:
TOTAL FUNDS BROUGHT FORWARD
AT 1STJANUARY, 2020			431,369	43,712	66,319	541,400	1,215,285
TRANSFER OF FUNDS TO EXCEPTED
CHARITY		22				0	(800,708)
TOTAL FUNDS CARRIED FORWARD
AT 31STDECEMBER, 2020			433,960	74,265	67,619	575,844	541,400

	BALANCE SHEET AT	31STDECEMBER 2	020
		Note	2020	2019
			E	f.
FIXEDASSETS
Tangible Assets		10	9,082	13,623
Investments		11	329,619	328,319
		Total fixed assets	338,701	341,942
CURRENT ASSETS
Debtors		12	21,200	20,842
Cash at Bank	and in Hand		229,846	182,811
		Total current assets	251,046	203,653
LIABILITIES:
Creditors: Amounts	falling due within one year	13	13,903	4,195
NET CURRENT ASSETS			237,143	199,458
Creditors: Amounts	falling due after more than one year
TOTAL NET ASSETS			575,844	541,400
FUNDS OF THE CHARITY		14
Unrestricted funds			433,960	431,369
Restricted funds			74,265	43,712
Endowment funds			67,619	66,319
		Total charity funds	575,844	541,400

	F	OR	THE YE	AR	ENDED 31	STDECEM	BER 202	0 Continued
					Unrestricted	Restricted	TOTAL	Unrestricted	Restricted	TOTAL
					Funds	Funds	2020	Funds	Funds	2019
								K
2	Donations and le	acies
	Planned Giving:
	Covenants/Gift	aid			59,941	1,200	61,141	48,818	0	48,818
	Income Tax Recoverable				13,370	3,775	17,145	13,250	4,325	17,575
	Other planned	giving			6,380	0	6,380	8,990	0	8,990
	Collections (open	plate) at all
	Services				1,075	0	1,075	4,098	0	4,098
	Gift Days				0	20,540	20,540	0	21,124	21,124
	Donations				27	7,635	7,662	46	0	46
	Grants				9,500	44,455	53,955	14,667	20,007	34,674
					90,293	77,605	167,898	89,869	45,456	135,325
3	Chartitabie activities
	Magazine & Bookstall							276		276
	Rent from Church	Hall/Church
	Property				6,014	0	6,014	7,103	0	7,103
	Wedding and Funeral		Fees		995	0	995	269	0	269
	Club Activities/Outings/Holidays				1,285	25	1,310	4,013	7,469	11,482
					8,294	25	8,319	11,661	7,469	19,130
4	Other tradin actvities
	Fairs/fundraising
5	Investments
	Rent from Investment		Property		9,984		9,984	16,270	0	16,270
	Dividends and Interest		(including	any
	reclaimed tax)				1,686	83	1,769	1,941	0	1,941
					11,670	83	11,753	18,211	0	18,211
6	Other income
	Sale ofassets

	FOR THE YEA	R ENDED 3	1STDECEM	BER 202	0 Continued
		Unrestricted	Restricted	TOTAL	Unrestricted	Restricted	TOTAL
		Funds	Funds	2020 f.	Funds f	Funds	2019 E
7	Charitable Actvities
	Missionary Giving Crosslinks	0	0	0	1,464		1,464
	OMF International UK	2,238	0	2,238	1,464		1,464
	North West Partner	2,238	0	2,238	1,464		1,464
	StGabriel	0	0	0	1,500		1,500
	Ministry Training Grant	0	3,190	3,190	0		0
	Sundry Donations ((E1,000 each)	385	0	385	0		0
	Ministry: Parish Share	20,419	0	20,419	18,738	0	18,738
	Minister - Housing Minister - Expenses Co-Pastor Salary Co-Pastor Pension costs	5,177 709 26,585 6,216	0 0 0 0	5,177 709 26,585 6,216	2,660 904 0 0	0 0 5,152 1,554	2,660 904 5,152 1,554
	Co-Pastor - Housing	8,601	0	8,601	0	0	0
	Co-Pastor - Expenses Co-Pastor Moving costs Lay Workers -Salaries Lay Workers -Pension costs Lay Worker expenses &costs Cleaning and Waste Disposal Rent and Rates	384 2,458 7,450 0 481 216 629	0 0 35,747 1,292 5,220 0 0	384 2,458 43,197 1,292 5,701 216 629	0 4,466 5,371 0 1,189 346 1,021	0 0 24,587 715 8,230 0 0	0 4,466 29,958 715 9,419 346 1,021
	Heat & Light Insurance	4,079 4,469	0 0	4,079 4,469	6,381 2,356	0 0	6,381 2,356
	Repairs &Renewals Service Expenses Inside Youth Work/Sunday School	383 1,980 322	0 0 93	383 1,980 415	7,957 1,654 879	0 0 0	7,957 1,654 879
	Club Activities/Outings Education and Training Expenses Newsletter and Bookstall costs	1,094 420 41	0 1,500 0	1,094 1,920 41	2,564 7,773 331	0 0 0	2,564 7,773 331
	Church holiday Data Protection/Copyright Fee Telephone Depreciation Legal fees Independent Examiner's Fees Sundries	0 528 436 4,541 1,848 90	73 0 0 0 0 0 0	73 528 436 4,541 0 1,848 90	2,788 816 383 4,541 2,710 2,365 588	8,645 0 0 0 0 0 0	11,433 816 383 4,541 2,710 2,365 588
	Cafh/laundry Postage, Printing &Stationery Loss on Disposal ofAssets	0 844 0	0 0 0	0 844 0	0 959 0	0 0 0	0 959 0
		105,261	47,115	152,376	85,632	48,883	134,515
	Giving Envelopes Fundraising Costs Fundraising Consultant Investment Property Costs	0 0 2,405	0 0 0 45	0 0 0 2,450	67 0 0 11,825		67 0 0 11,825
		2,405	45	2,450	11,892		11,892

Staff Costs	2020	2019
	f.	E
Wages and Salaries	69,782	35,110
Social Security Costs	0	0
Pension Costs	7,508	2,269
	77,290	37,379

more	than f60,000 remuneration	than f60,000 remuneration	during the y	ear.
Tan	ible Fixed Assets			Freehold		Fixtures
				Land 8		and
				Buildings		Fittings	Total
						K	f,
COST OR VALUATION
		At 1st January, 2020				43,645	43,645
		Additions				0	0
		Disposals				0	0
		At 31stDecember, 2020				43,645	43,645
DEPRECIATION
		At 1stJanuary, 2020				30,022	30,022
		Charge for the year				4,541	4,541
		Disposals				0	0
		At 31stDecember, 2020				34,563	34,563
NET	BOOK VALUE
		At 31stDecember, 2020				9,082	9,082
		At 31stDecember, 2019				13,623	13,623
Investments				2019	Additions	Net	2020
				Market	(Dieposals)	Gain/loss on	Market
				Value	in year	Revaluation	Value
1,390shares (2018:1,390 shares) CBF
Investment		Fund.		26,585	0	1,836	28,421
11,711shares (2018:11,711shares) CBF
Joint	Investment Fund.			22,640		(536)	22,104
CBF	Deposit Funds			17,094		0	17,094
St John's		Youth and Community	Centre	190,000		0	190,000
St John's		PreSchool Nursery		72,000 328319		0 1 300	72,000 329619
Historical		Cost ofInvestments		38,859	0	0	38,859
Historical		Cost ofInvestment	Property	169,699		0	169,699

Debtors:															2020		2019
Amounts receivable	within		one	ear													F
Income Tax recoverable															20,700		20,842
Other Debtors															500		0
															21,200		20,842
Creditors: Amounts		fallin	due		within one				ear						2020		2019
															f.
Accruals and Deferred		Income													11,848		2,520
Other creditors															2,055		1,675
															13,903		4,195
Anal sis of Net Assets b			Fund
									Unrestricted			Restricted			Endowment
										Funds		Funds			Funds		Total
Fixed Assets										271,082				0	67,619	338,701
Current Assets										166,455			84,591		0	251,046
Current Liabilities										(3,577)		(10,326)			0	(13,903)
Long Term Liabilities											0			0	0		0
Fund Balance										433,960			74,265		67,619	575,844
Fund Details
The restricted funds	comprise			various			funds as		set	out below		including;	building		funds, grants received		in
connection with the costs of employing							lay	workers,		roof	repairs, a new church				plant and grants and donations
received for projects	and staff			training			together		with	various specific donations					received to be forwarded		onto
christian missionary	societies.
The endowment funds		represent			permanent			endowments			from donors		many years ago, which require				the
money to be spent on		various		property			repairs,		sick and		poor	fund, Sunday		School and Staff Expenses.
															Transfers
Desi nated Funds						2019			Income			Expenditure f			Gains/Losses		2020 E
Unrestricted Funds are as			follows:
DCC St.Philemon
General Funds							87,027			110,159			97,762		(12,238)		87,186
Roof Fund							34,000				0			0	10,000		44,000
Staff Fund							1,000				0		1,000		0		0
StJohn's Centre							1,129				0		1,129		0		0
Administrator Salary	Fund						3,224				0		3,224		0		0
Capital Asset Fund							13,623				0		4,541		0		9,082
Warrington Church Plant Fund								0			0			0	2,238		2,238
St.John's Youth 8	Community				C	entre
Youth 8 Community	Fund					28,725					95						28,820
Capital Asset Fund						190,000					0					190,000
St.John's PreSchool
PreSchool Funds							641							10			634
Capital Asset Fund							72,000							0			72,000
						431,369				110,257		107,666				433,960

							Transfers
Restricted Funds			2019		Income	Expenditure	Gains/Losses	2020
			E			E	E	E
Restricted Funds are		as follows:
DCC St.Philemon
Debt Advice Fund			1,272		0	0		1,272
Assistant Staff Fund			2,413		8,090	10,503		0
Administrator Salary	Fund			499	13,333	11,558		2,274
Children 8 Youth Trip		Fund		441	0	93		348
Warrington Church	Plant		25,	149	4,851	0		30,000
Persion Ministry Fund				0	26,040	3,740		22,300
JSH Persion/Kurdish		Fund		0	12,000	7,919		4,081
Kitchen Fund			13,628		0	0		13,628
Roof Fund				310	0	0		310
Weekend Away Fund				0	125	73		52
			43,712		64,439	33,886		74,265
						Realised	Transfers/
Endowment Funds					2019	Gains/Losses	Gains/Losses	2020
The Endowment Funds are			as follows:
DCC St.Philemon
Sunday School					3,572		13	3,585
Assistant	Staff Fund				6,132		(158)	5,974
Sick &Poor					821		(23)	798
Repairs					40,141		1,465	41,606
General	Church		Fund		15,653		3	15,656
					66,319		1,300	67,619