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2020-12-31-accounts

Page
Trustees'
report
1-4
Independent
examiner's
report
Statement offinancial activities 6-7
Balance sheet
Statement
ofcash flows
Notes to the financial statements 10-32

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2020 2019 2019
Notes 6 6 6
Fixed assets
Tangible assets 12 1,304,023 1,312,918
Current assets
Debtors 13 54,116 46,210
Cash at bank and in hand 124,684 98,254
178,800 144,464
Creditors: amounts falling due within
one year 15 (125,353) (110,304)
Net current assets 53,447 34,160
Total assets less current liabilities 1,357,470 1,347,078
Creditors: amounts
more than one year
falling due after 16 (263,833) (344,193)
Net assets 1,093,637 1,002,885
Income funds
Restricted funds 17 76,918 82,390
Unrestricted
funds -
designated Property 972,297 915,494
Unrestricted
funds - general
44,422 5,001
1,093,637 1,002,885

2020 2019
Notes 8
Cash flows from operating activities
Cash generated
from operations
20 104,278 83,237
Invesgng
activities
Purchase oftangible fixed assets (10,319) (16,402)
Investment
income received
170 242
Net cash used in investing activities (10,149) (16,160)
Financing
activities
Repayment
ofbank loans
(67,699) (81,500)
Net cash used in financing activities (67,699) (81,500)
Net increase/(decrease)
in
equivalents
cash and cash 26,430 (14,423)
Cash and cash equivalents at beginning ofyear 98,254 112,677
Cash and cash equivalents at end of year 124,684 98,254
Relating to:
Cash at bank and in hand
124,684 98,432
Bank overdrafts
included
in
creditors
payable
within one year
1,822

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Unrestricted Unrestricted Restricted Total
funds funds funds
general general
2020 2019 2019 2019
5 5 5 5
Interest receivable 170 241 242

April 2010. Details ofpayments
to or on beha
lf oftrustees and their spouses are set out belo w:
Salary
5
Pension
5
House costs
f
Revd Mick Woodhead 10,498 689 2,104
Revd Tom Finnemore 5,613 372 3,190
Revd Alan Ward 24,910 6,656 12,619
Ruth Aidley 21,875 1,531
BeccaStaniforth 30,360 2,125
Malcolm
Drew
7,562 145
Jacob Ward 810
Helen Ward 21,334 1,466
Patricia Woodhead 6,299 370

2020 2019
Number Number
General Ministry and Administration 14 14
Eden Project
Shine Sheflield
1
2
1
2
Nursery 4 4
Total 21 21

10 Employees (Continued)
Employment
costs
2020
8
2019
6
Wages and salaries 485,304 502,229
Social security costs 19,170 20,662
Other pension costs 32,835 35,511
537,309 558,402

for their ser vices.
T
his fig ure includes
ho
using
and oth
er support costs as well a s payroll costs.
2020 2019
8 6
Common
Fund contributions
60,000 54,000
Employees paid by Church Commissioners
There were no employees whose annual remuneration was 860,000or more.
Staffcosts
2020 2019
6 6
Employment costs 537,309 558,402
Diocesan Common Fund contribution 60,000 54,000
Stalfexpenses 5,588 9,492
Staff housing costs 25,226 23,982
Staff training and pastoral care 340 553
628,463 646,429
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12 Tangible fixed assets
Crookes Leasehold Long Fixtures and Total
Church Centre Personages Leasehold ettings
Freehold land Parsonage
and bugdlngs
Deemed cost
At 1 January 2020 870,367 322,365 175,755 170,192 1,538,679
Additions 10,319 10,319
Disposals (17,769) (17,769)
At 31 December 2020 870,367 322,365 175,755 162,742 1,531,229
Depreciation
and impairment
At 1 January 2020 52,221 18,000 10,200 145,340 225,761
Depreciagon
charged
in the year 19,214 19,214
Eliminated
in respect ofdisposals
(17,769) (17,769)
At 31December 2020 52,221 18,000 10,200 146,785 227,206
Carrying
amount
At 31December 2020 818,146 304,365 165,555 15,957 1,304,023
At 31December 2019 818,146 304,365 165,555 24,852 1,312,918
Deemed cost breakdown
Historical costs
Crookes Church Centre, Sheflield 30,000 30,000
41 Ryegate Road
2 Naim Street, Sheffield
83,910 83,333 83,910
83,333
30,000 83,910 83,333 197,243
Additions 840,367 840,367
870,367 83,910 83,333 1,037,610
Revaluation
increase
216,090 86,667 302,757
Deemed cost at 1 January 2014 818,146 300,000 170,000 1,340,367

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as required
under FRS
102.
20 Cash generated
from
operations 2020
8
2019
6
Surplus forthe year 90,752 204,573
Adjustments
for:
Investment
income recognised
in statement
offinancial activities (170) (242)
Depreciation
and impairment
oftangible
fixed assets 19,214 11,178
Difference between
pension charge and
cash contributions 2,000 (127,100)
Movements
in working
capital:
(Increase) in debtors (7,906) (6,445)
Increase
in creditors
388 1,273
Cash generated
from
operations 104,278 83,237
21 Analysis ofchanges In net (debt)/funds
At 1January Cash flows At 31 December
2020 2020
8 8 6
Cash at bank and
in hand
98,254 26,430 124,684
Loans falling due within one year (81,401) (14,661) (96,062)
Loans falling due afier more than one year (206,693) 82,360 (124,333)
(189,840) 94,129 (95,711)