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2020-12-31-accounts

Notes Unrestricted Restricted Funds
2020 2019
Church Margaret
General Restoration Riches
Fund Fund Memorial
Fund		 Total Funds Total Funds
INCOME
Donations
and legacies		 3(a) 237,414 50,200 287,614 198,244
Activities for generating funds 3(b) 6,409 6,409 8,881
Income from church activities 3(c) 34,607 34,607 49,575
Investment
income		 3(&l) 7,166 220 7,386 8,550
Total income 285,596 50,200 220 336,016 265,250
EXPENDITURE
Church activities 4(a) 187,233 41,010 95 228,338 202,946
Raising funds
Depreciation offixed assets		 4(b)
4(c),5		 1,100
6,831		 1,100
6,831		 657
6,377
Total expenditure 195,164 41,010 95 236,269 209,980
NET INCOME BEFORE
INVESTMENT GAINS 90,432 9,190 125 99,747 55,270
Gains on investments 3,855 4,259
Net income 94,287 9,190 529 104,006 63,713
Total funds brought
forward
TOTAL FUNDSC~		 186,192 128,095 6,877 321,164 " 257,451
FORWARD 280,479 137,285 7,406 425,170 321,164

Notes Notes Church Margaret
General Restoration Rlclles 2020 2019
Fund Fund Meniorial Fund Total Funds Total Funds
f g
FIXEDASSETS
Tangible
assets		 5. 143,928 143,928 141,684
Investments 6. 99,847 7,435 107,282 103,023
Totatfixed assets 243,775 7,435 251,210 244,707
CURRENT ASSETS
Stocks and work in progress 7. 1,000 1,000 1,000
Debtors 8. 8,126 2,359 10,485 12,841
Cash at bank 38,580 136,120 (29) 174,671 74,354
Total current assets 47,706 138,479 (29) 186,156 88,195
LIABILITIES
Creditors: Amounts falling due
witlun
one year		 9. (11,002) (1,194) (12,196) (11,738)
Net current assets 36,704 137,285 (29) 173,960 76,457
TOTAL NET ASSETS 280,479 137,285 7,406 425,170 321,164
THE FUNDS OF THE CHARITY:
Unrestricted
Funds:
General Fund 280,479 186,192
Restricted Funds:
Church Restoration Fund 137,285 128,095
Margaret Riches Fund 7,406 6,877
TOTAL CHARITY FUNDS 425,170 321,164

Unrestricted Resiricted TOTAL Unrestricted Restricted TOTAL
Funds Funds 2020 Funds Irunds 2019
4(a) Church Activities 8 f. 8 f. 8
Missionary
and
Charitable
giving		 3,928 3,928 12,408 12,408
Miiustry-
Diocesan parish share		 da,a42 71,387 47,422 75,092
Office salary
Cost ofcurate's
flat		 9,600
3,423		 7,4CO
3,672
Other ministry
costs		 9,522 16,598
Mission and Outmach
ARCD Project		 4,275
13,857		 4,275
13,857		 9,217
15,100		 9,217
15,100
Church running costs—
Insurance		 12,121 67,152 12,175 68,276
Lighting,
heating
and		 water 16,669 20,403
Repairs and maintenance
24,511
Maintenance ofchurch gmunds,		 9,815
and meadow project 0 775
Other church
running		 costs 8,103 12,886
Management
and administration		 5,748 12,222
Music-
Remuneration
oforganist		 11,924 15,903
and assistant
Professionalsingers
and		 3,680 8,633
Organists 5,150
Tuning
and maintenance		 of
organ and pianos 1,836 4,781
Music and accessories 558 1,289
Reoitaiists'
fees		 700 1,200
Altar requisites
Independent
examiner's
fees
Sundry costs
Church
Improvement
costs, etc		 1,207
2,520
10,983		 95
41,010		 1,302
2,520
10,983
41,010		 2,185
2,280
2,212		 273 2,458
2,280
2,212
187,233 41,105 228,338 202,673 273 202,946
4(b) Raising Funds
Costs ofputting
on events		 1,1CO 1,100 657 657
4(c)Depreciation
Depreciation offixed assets 6,831 6,831 6,377 6,377
TOTAL EXPENDITURE 195,164 41,105 236,269 209,707 273 209,980

TANGIBLE FIXED ASSETS
Frcthotd Improvcmeots Liturgical Heritage Total
Property
8		 to pfopcrti'
f		 Furnishings Assets*
r.
COST OR VALUATION (see Note I)
At I January 2020
Additions
at cost		 115,000 53,061 28,836
9,075		 27,548 224,445
9,075
At 31 December 2020 115,000 53,061 37,911 27,548 233,520
DEPRECIATION
At I January 2020 67,171 11,406 4,184 82,761
Charge for year 3,167 1,768 1,896 6,831
Ai 31December 2020 70338 13,174 6,080 89,592
NET BOOK VALUE
At 31 December 2020 44,662 39,887 31,831 27,548 143,928
At 31Decerober 2019 47,829 41,655 24,652 27,548 141,684

FIXEDASSET INV ESTMENTS
Listed
Iavestmeals
MARKET VALUE 8
At I Jaouaty 2020
Uoreaiised
gain in value in		 year 103,023
4,259
Market value at 31December 2020 ~22
There were oo investment assets outside the UK
7. STOCKS 2020 2019
Stocks 1,000 1,000
1,000
g. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR 2020 2019f
Tax aad VAT recoverable 7,035 6,520
Other debtors 3,450 6,321
10,485 12,841
General Fund 8,126 12,841
Restricted Funds 2,359 0

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
Bank loans and overdraits f
Other creditors 12,196 11,738
General trund
Restricted
trunds		 11,002
1,194		 11,738
0

Unrestricted Restricted Endowment Endowment
General Fund Church Restoration Margaret Riches
Fund Memorial Fund Total
Balance at I January 2020 186,192 128,095 6,877 321,164
Incoming resources
Resources expended
Unrealised
gains on investments		 285396
(195,164)
855		 50,200
(41,010)		 220
(95)
409		 336,016
(236,269)
~9
Balance at 31December 2020 2110,479 137,285 425,170

Compar atives
for the Movem		 ent
ofFunds
Unrestricted Restricted Endowment
General
Fund		 Church Restoration Margaret Riches
Fund Memoriai Fund Total
Balance at I January 2019 179,124 72,181 6,146 257,451
Incoming resources
Resources expended
Unreaiised
gains on investments		 209,105
(209,707)		 55,914 231
(273)
73		 265,250
(209,980)
IL443
Balance at 31 December 2019 186,192 128,095 6,877 321,164