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2020-12-31-accounts

INDEX Page
Legal and Administrative Information 1-2
Report ofthe Trustees 3-7
Independent
Examiner's		 Report
Receipts and Payments Accounts
Statement ofAssets and Liabilities
Notes to the accounts 11-16

FOR THE YEAR ENDED 31s tDECEMBER 2020 Page 9
2020 2019
Unrestricted Restdictad Endowment Total Total
Notes F E F E
Receipts
Voluntary
Income - donations		 1 8,820 8,820 8,900
Legacies 25,932.00
Investment
income		 1,930 1,930 1,892
Charitable
Activities		 16,689 16,689 30,469
Other Income 92,037 92,037 82,605
Total Receipts for the year 119„476.00 119,476.00 149,798
Payments
Direct Costs 73,268 73,268 86,099
Running
Costs —Church		 37,498 37,498 30,423
Payments
to other Charities etc		 2,040 2,040 2,925
Other Costs 5,420 13,448 18,868 18,965
Rental Property Expenses 10,847 10,847 64,178
Total paymenia
for the Year		 129,073.00 13,448 142,521 202,590
Net Receipts /(Payments)
before transfem		 (9,597) (13,448) (23,045) (52,792)
Transfer between
funds
Other recognised gains/(losses):
Gains/(losses)
on revaluation		 offixed assets
Net Gains/(losses)
on investments		 4,388 4,388 10,054
Net movement
in funds		 (9,597) (9,060) (18,657) (42,738)
Balance at 31stDecember 2019 421,537 1,341,365 1,762,902 1,805,640
Balance at31stDecember 2020 411,940 1,332,305 1,744,245 1,762,902

2020 2019
Notes Unrestncted Restricted Endowment Total Total
F F F
Assets:
Tangible Fixed Assets 10 402,320 1,264,112 1,666,432 1,684,160
Investment Shares - George Terry Fund 11 2,230 2,230 2,087
Investment Shares —Cunningham Bequest 12 1,721 1,721 1,610
investment Shares —Curates Fund 13 18,322 18,322 17,143
Investment Shares —St Edmund Bldg 14 45,920 45,920 42,965
CBFDeposit
—Northampton		 3,355 3,355 3,277
CBFDeposit- Npton Terry Bequest 270 270 268
CBFDeposit
—Parochial		 Building Fund
HSBC —Current Account 2,875 2,875 5,054
HSBC —Deposit Account 3,016 3,016 5,011.00
Barclays Bank —Current Account 104 104 1,327
Cash in Hand
Debtors 15 3,414 3,414 3,089
415,354 1,332,305 1,747,659 1,765,991
Liabilities
Sundry Creditors 16 (2,039) (2,039) (5,588)
(2,039) (2,039) (5,588)
Net Assets 413,315 1,332,305 1,745,620 1,760,403
Funds Unrestricted Restdcted Endowment 31.12.20 31.12.19
6 F F 6
Unrestricted Funds 17 408,748.00 408,748 418,345
Designated Funds 18 3,192.00 3,192 3,192
Endowment Funds 19 1,332,305 1,332,305 1,341,365
411,940 1,332,305 1,744,245 1,762,902

Notes tothe Ac cou nts Page 12
2020 2019
Unrestricted Restricted Endowment Total Total
F F F 6
Note 1
Donations
Planned
Giving		 2,991.00 2,991.00 4,419
Collections and Sundry Giving 3,72200 3,722.00 3,150
HMRC —Gilt Aid 2,107.00 2,107.00 1,331
8,820.00 8,820.00 8,900
Note 2
Charitable
Activities
Fees for Weddings, Funerals etc 1,942.00 1,942.00 664
Hire of Hall and Church 5,058.00 5,058.00 21,634
Romanian
Orthodox		 Church 4,800.00 4,800.00 4,800
HMRC Furlough Claim 1,730.00 1,730.00
Grant
—NBC		 500.00 500.00
Other Income 1,674.00 1,674.00 1,681
St Crispin Group 98500 985.00 1,690
16,689.00 16,689.00 30,469
Note 3
Income Other
Property Rents Received 92,037 92,037 82,605
92,037 92,037 82,605
Note 4
Direct Costs
Parish Share 30,731 30,731 36,925
Prayer House 4,897 4,897 1,457
Prayer House
—PDBF Salary recharge		 9,789 9,789 8,563
Salaries 11,719 11,719 15,894
Church Services 1,607 1,607 2,971
Organist
&Choir		 1,300 1,300 3,725
Books &Publications 1,140 1,140 1,155
Photocopier,
Stationery		 &Postage 6,916 6,916 5,489
Clergy expenses 1,934 1,934 2,065
Vicarage expenses 304 304 2,752
Bank Charges 116 116 140
Telephone
and Broadband		 2,394 2,394 3,865
Other costs 421 421 1,098
73,268 73,268 86,099
FOR THE YE AR ENDED 31stD AR ENDED 31stD ECEMBER 20 20
Notes tothe Accounts Page 13
2020 2019
Unrestricted Restricted Endowment Total Total
K 6 K F
Note 5
Running Costs
Repairs and maintenance 15,124 15,124 7,269
Insurance 4,072 4,072 3,951
Heat and Light 13,047 13,047 12,859
Cleaning 1,187 1,187 1,059
Maintenance ofChurch Yard 2,640 2,640 3,731
Water rates 1,428 1,428 1,554
37,498 37,498 30,423
Note 6
Payments to other charities etc
Donation to St Crispin Group of Churches 685
Other charities &Discreclionary payments 2,040 2,040 2,240
2,040 2,040 2,925
Note 7
Other Expenditure
Independent Examination 686 686 827
Payroll/Pension Charges 454 454 410
Depreciation 4,280 13,448 17,728 17,728
5,420 13,448 18,868 18,965
Note 8
Rental Property Expenses
Agents
Letting		 Fees 6,147 6,147 8,393
Legal and agency fees for new leases 4,135
Repairs
&Maintenance		 767 767 41,508
insurance 3,933 3,933 5,914
Council Tax, Heat & Light 4,228
10,847 10,847 64,178
Note 9
Employment Costs
Gross Salaries 11,719 11,719 15,894
Employer
Nl
11,719 11,719 15,894

Freehold Freehold Freehold
Property Property Property 2020 2019
Unrestricted Restricted Endowment Total Total
f E f
Cost
Brought forward 428,000 1,344,800 1,772,800 1,772,800
Additions
Disposals
Carried Forward 428,000 1,344,800 1,772,800 1,772,800
Depreciation
Brought forward 21,400 67,240 88,640 70,912
Charge for year 4,280.00 13,448.00 17,728 17,728
Disposals
Carried Forward 25,680 80,688 106,368 88,640
Net BookValue
Balance at 31.12.20 402,320 1,264,112 1,666,432 1,684,160
Note 11 At At
Cost Market Value
CBFInvestment - George Terry
Cost or Valuation		 Fund 2020f 2019
E
At 31 December 2019 1,018 2,087 1,758
Unrealised
gains/(losses)		 on valuation 143 329
Realised gains/(losses)
At 31 December 2020 1,018 2,230 2,087
Note 12 At At
Cost Market Value
CBFInvestment
-Cunningham		 Bequest 2020 2019
Cost orValuation 6 E
At 31 December 2019 785 1,610 1,356
Unrealised
gains/(losses)		 on valuation 111 254
Realised gains/(losses)
At 31 December 2020 785 1,721 1,610
Notes tothe Accounts Page 15
Note 13 At At
Cost Market Value
CBFInvestment
-Curates		 Fund 2020 2019
Cost orValuation
At 31 December 2019 9,143 17,143 14,442
Unrealised
gains/(losses)		 on valuation 1,179 2,701
Realised gains/(losses)
At 31 December 2020 9,143 18,322 17,143
Note 14 At At
Cost Market Value
CBFInvestment
-StEdmund		 Bldg 2020 2019
Cost or Valuation 6 6
At 31 December 2019 62,972 42,965 36,195
Unrealised
gains/(losses)		 on valuation 2,955 6,770
Realised gains/(losses)
At31 December 2020 62,972 45,920 42,965
2020 2019
Unrestricted Restricted Endowment Total Total
f 6
Note 15
Debtors
HMRC 368 368
Other 2,539 2,539 2,620
Pre-paid 507 507 469
3,414 3,414 3,089
Note 16
Creditors
Other Creditors (952) (952) (4,501)
Accruals - Independent Examiner (600) (600) (600)
Deferred Income - Rent in Advance (487) (487) (487)
(2,039) (2,039) (5,588)

FOR THE YE AR ENDED AR ENDED AR ENDED AR ENDED 31s t DECEMBER 2020
Notes tothe Accounts Page 16
Note 17
Unrestricted Funds Balance @ Movement Movement Balance @
01.01.20 In Out Transfers 31.12.20
6 f 6 6 F
General Reserve 418,345 119,476 (129,073) 408,748
418,345 119,476 (129,073) 408,748
Note 18
Designated Fund Balance @ Movement Movement Balance @
01.01.20 In Out Transfers 31.12.20
f. F 6 8
Rental Properties Dilapidations Fund 3,192 3,192
3,192 3,192
Repairs and maintenace for Rental Properties
Note 19
Endowment Funds Balance @ Movement Movement Balance @
01.01.20 In Out Transfem 31.12.20
6 f. f F
CBFinvestment - George Terry Fund 2,087 143 2,230
CBFInvestment - Cunningham Bequest 1,610 111 1,721
CBFInvestment - Curates Fund 17,143 1,179 18,322
CBF Investment —St Edmund Bldg 42,965 2,955 45,920
631 Wellingborough Road 204,060 (2,148) 201,912
193Wellingborough Road 1,073,500 (11,300) 1,062,200
1,341,365 4,388 (13,448) 1,332,305