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||**Page**|
|---|---|
|**Reference and Administrative Details**|1|
|**Report of the Trustees**|2 to 3|
|**Independent Examiners Report**|4|
|**Statement of Financial Activities**|5|
|**Balance Sheet**|6|
|**Notes to the Financial Statements**|7 to 14|
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|**Incumbent:**|The Revd Dawn Jewson|**Representatives on**||
|---|---|---|---|
|||**Deanery Synod:**|Mrs Jane Potter|
|**Chair:**|The Revd Dawn Jewson|||
|**Vice Chair:**|Mrs Jane Potter|**Elected members:**|Mrs Jay Harding *|
||||Mrs Lydia Taylor|
|**Wardens:**|Mrs Elsie Baker||Mr Nandiran Ratnavel **|
||Mrs Fiona Klimcke|||
|**Treasurer:**|Mrs Niki Fletcher|||
|**Secretary:**|Mrs Elsie Baker|||
||||* Until October 2020**|
||||From October 2020|
|**Bankers:**|Barclays Bank Plc|||
||28 Knight Street|||
||Sawbridgeworth|||
||National Westminster Bank Plc|||
||12 The Rows|||
||Harlow|||
|**Independent**||||
|**examiner:**|Haslers|||
||Chartered Accountants|||
||Old Station Road|||
||Loughton|||
||Essex|||
||IG10 4PL|||
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||||||**2020**|**2019**|
|---|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**|
|||**fund**|**funds**|**funds**|**funds**|**funds**|
||**Notes**|
**£**|**£**|**£**|**£**|**£**|
|**INCOME AND**|||||||
|**ENDOWMENTS FROM**|||||||
|Donations and legacies|3|23,262|2,910||26,172|34,503|
|**Charitable activities**|6||||||
|Ministry||1,640|||1,640|2,593|
|Other trading activities|4|2,466|3,313||5,779|11,314|
|Investment income|5|531|||531|516|
|**Total**||27,899|6,223||34,122|48,926|
|**EXPENDITURE ON**|||||||
|**Charitable activities**|7||||||
|Missionary and charitable|||||||
|giving||||||84|
|Ministry||16,000|||16,000|19,000|
|Church running expenses||9,906|3,276||13,182|31,301|
|Management and admin||||||431|
|**Total**||25,906|3,276|-|29,182|50,816|
|Net gains/(losses) on|||||||
|investments||||5,002|5,002|(983)|
|**NET**|||||||
|**INCOME/(EXPENDITURE)**||1,993|2,947|5,002|9,942|(2,873)|
|**Transfers between funds**|14|(514)|514|||-|
|**Net movement in funds**||1,479|3,461|5,002|9,942|(2,873)|
|**RECONCILIATION OF**|||||||
|**FUNDS**|||||||
|**Total funds brought**|||||||
|**forward**||6,912|4,991|13,970|25,873|28,746|
|**TOTAL FUNDS CARRIED**|||||||
|**FORWARD**||8,391|8,452|18,972|35,815|25,873|
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||||||**2020**|**2019**|
|---|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**|
|||**fund**|**funds**|**funds**|**funds**|**funds**|
||**Notes**|
**£**|**£**|**£**|**£**|**£**|
|**FIXED ASSETS**|||||||
|Investments|11|||18,972|18,972|13,970|
|**CURRENT ASSETS**|||||||
|Debtors|12|2,183|-||2,183|5,753|
|Cash at bank and in hand||7,507|8,452||15,959|32,218|
|||9,690|8,452||18,142|37,971|
|**CREDITORS**|||||||
|Amounts falling due within|||||||
|one year|13|(1,299)|||(1,299)|(26,068)|
|**NET CURRENT ASSETS**||8,391|8,452||16,843|11,903|
|**TOTAL ASSETS LESS**|||||||
|**CURRENT LIABILITIES**||8,391|8,452|18,972|35,815|25,873|
|**NET ASSETS**||8,391|8,452|18,972|35,815|25,873|
|**FUNDS**|14||||||
|Unrestricted funds|||||8,391|6,912|
|Restricted funds|||||8,452|4,991|
|Endowment funds|||||18,972|13,970|
|**TOTAL FUNDS**|||||35,815|25,873|
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||||**2020**|**2019**|
|---|---|---|---|---|
||**Unrestricted**|**Restricted**|**Endowment**
**Total**|**Total**|
||**funds**|**funds**|**funds**
**funds**|**funds**|
||**E**|e|e**E**|**E**|
|Parish Giving Scheme|9,154|50|9,204|11,353|
|Regular giving||-|-|6,247|
|Gift aid|7,819|295|8,114|4,940|
|Non-gift aid giving|5,937|-|5,937|407|
|Collections (open plate)|||||
|at all services|189||189|5,329|
|Flower Arrangers|||||
|donations||||15|
|Sundry donations|163|2,565|2,728|6,212|
||23,262|2,910|26,172|34,503|
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|**OTHER TRADING ACTIVITIES**||
|---|---|
||**2020**
**2019**|
|**Unrestricted Restricted Endowment**
**Total**
**Total**||
||**funds**
**funds**
**funds**
**funds**
**funds**|
||**££ £ £ £ **|
|Fundraising events|2,466313-
2,779
3,156|
|Shop income|-
1,149|
|Grants|3,000
3,000
7,009|
||2,466
3,313
5,779
11,314|
##
|||**2020**
**2019**|
|---|---|---|
||**Unrestricted Restricted**|**Endowment**
**Total**
**Total**|
||**funds**
**funds**|**funds**
**funds**
**funds**|
||**££ **|**££ £ **|
|Dividends|531|531516|
|**INCOME FROM CHARITABLE ACTIVITIES**|||
|||**2020**
**2019**|
||**Activity**|e**£**|
|Fees|Ministry|1,640
2,593|
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|**CHARITABLE ACTIVITIES COSTS**||
|---|---|
||**Support**|
||**costs (see**|
||**note 8)**|
||**`£`**|
|Ministry|16,000|
|Church running expenses|13,182|
||29,182|
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||||**2020**|**2019**|
|---|---|---|---|---|
|||**Church**|||
|||**running**|**Total**|**Total**|
||**Ministry**|**expenses**|**activities**|**activities**|
||**`£`**|**`£`**|**`£`**|£|
|Wages|-|1,945|1,945|2,240|
|Diocesan Quota|16,000||16,000|19,000|
|Electricity|-|1,483|1,483|2,784|
|Insurance||2,772|2,772|2,533|
|Services||3,106|3,106|3,379|
|Repairs (Church)||3,795|3,795|1,625|
|Sundries||81|81|18,639|
|Flowers||-||90|
|Sunday school||||10|
|Stationery, publications, photocopying||||132|
|Independent examination|-|||300|
||16,000|13,182|29,182|50,732|
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||
31 December 2019.|||||
|---|---|---|---|---|---|
|**10.**|**COMPARATIVES FOR THE STATEMENT**|**OF FINANCIAL**|**ACTIVITIES**|||
|||**Unrestricted**|
**Restricted**|**Endowment**|**Total**|
|||**fund**|**funds**|**funds**|**funds**|
|||**£**|**£**|**£**|**£**|
||**INCOME AND ENDOWMENTS FROM**|||||
||Donations and legacies|31,948|2,555||34,503|
||**Charitable activities**|||||
||Ministry|2,593|||2,593|
||Other trading activities|1,913|9,401||11,314|
||Investment income|516|||516|
||**Total**|36,970|11,956||48,926|
||**EXPENDITURE ON**|||||
||**Charitable activities**|||||
||Missionary and charitable giving|84|||84|
||Ministry|19,000|..||19,000|
||Church running expenses|13,765|17,536|_|31,301|
||Management and admin|431|||431|
||**Total**|33,280|17,536||50,816|
||Net gains/(losses) on investments||-|(983)|(983)|
||**NET INCOME/(EXPENDITURE)**|3,690|(5,580)|(983)|(2,873)|
||**RECONCILIATION OF FUNDS**|||||
||**Total funds brought forward**|3,222|10,571|14,953|28,746|
||**TOTAL FUNDS CARRIED FORWARD**|6,912|4,991|13,970|25,873|
##
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|**11.**|**FIXED ASSET INVESTMENTS**||
|---|---|---|
|||**Unlisted**|
|||**investments**|
|||**£**|
||**MARKET VALUE**||
||At 1 January 2020|13,970|
||Revaluations|5,002|
||At 31 December 2020|18,972|
||**NET BOOK VALUE**||
||At 31 December 2020|18,972|
||At 31 December 2019|13,970|
||There were no investment assets outside the UK.||
|**12.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||
|||**2020**
**2019**|
|||**E£ **|
||Other debtors|2,183
5,753|
|**13.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||
|||**2020**
**2019**|
|||**££ **|
||Other creditors|1,299
26,068|
|**MOVEMENT IN FUNDS**||
|---|---|
||**Net**
**Transfers**|
||**movement between At**|
||**At 1/1/20**
**in funds**
**funds**
**31/12/20**|
||**££ £ £ **|
|**Unrestricted funds**||
|General fund|6,912
1,993(514)
8,391|
|**Restricted funds**||
|Flower Fund|10465
169|
|Friends of St Mary's|3,832
2,882514
7,228|
|Pam Gunn Memorial Fund|55
-55|
|Len Gunn bequest|1,000
1,000|
||4,991
2,947514
8,452|
|**Endowment funds**||
|Williams bequest|8,207
2,836
11,043|
|Scoones bequest|5,763
2,166
7,929|
||13,970
5,002
18,972|
|**TOTAL FUNDS**|25,873
9,942
35,815|
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||**Incoming**|**Resources**|**Gains and**|**Movement**|
|---|---|---|---|---|
||**_resources_**|**expended**|**losses**|**in funds**|
||**£**|**£**|**£**|**£**|
|**Unrestricted funds**|||||
|General fund|27,899|(25,906)||1993
,|
|**Restricted funds**|||||
|Flower Fund|65|||65|
|Friends of St Mary's|6,158|(3,276)||2,882|
||6,223|(3,276)||2,947|
|**Endowment funds**|||||
|Williams bequest|||2,836|2,836|
|Scoones bequest|-||2,166|2,166|
||||5,002|5,002|
|**TOTAL FUNDS**|34,122|(29,182)|5,002|9,942|
##
|**Comparatives for movement in funds**||||
|---|---|---|---|
|||**Net**||
|||**movement**|**At**|
||**At 1/1/19**|**in funds**|**31/12/19**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|3,222|3,690|6,912|
|**Restricted funds**||||
|Flower Fund|179|(75)|104|
|Friends of St Mary's|9,337|(5,505)|3,832|
|Pam Gunn Memorial Fund|55|-|55|
|Len Gunn bequest|1,000||1,000|
||10,571|(5,580)|4,991|
|**Endowment funds**||||
|Williams bequest|8,704|(497)|8,207|
|Scoones bequest|6,249|(486)|5,763|
||14,953|(983)|13,970|
|**TOTAL FUNDS**|28,746|(2,873)|25,873|
##
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||**Incoming**|**Resources**|**Gains and**|**Movement**|
|---|---|---|---|---|
||**_resources_**|**_expended_**|**losses**|**in funds**|
||**£**|**£**|**£**|**£**|
|**Unrestricted funds**|||||
|General fund|36,970|(33,280)||3,690|
|**Restricted funds**|||||
|Flower Fund|15|(90)||(75)|
|Friends of St Mary's|11,941|(17,446)||(5,505)|
||11,956|(17,536)||(5,580)|
|**Endowment funds**|||||
|Williams bequest|||(497)|(497)|
|Scoones bequest|-||(486)|(486)|
|||_|(983)|(983)|
|**TOTAL FUNDS**|48,926|(50,816)|(983)|(2,873)|
|||**Net**|**Transfers**||
|---|---|---|---|---|
|||**movement**|**between**|**At**|
||**At 1/1/19**|**in funds**|**funds**|**31/12/20**|
||**£**|**£**|**£**|**£**|
|**Unrestricted funds**|||||
|General fund|3,222|5,683|(514)|8,391|
|**Restricted funds**|||||
|Flower Fund|179|(10)||169|
|Friends of St Mary's|9,337|(2,623)|514|7,228|
|Pam Gunn Memorial Fund|55|||55|
|Len Gunn bequest|1,000|||1,000|
||10,571|(2,633)|514|8,452|
|**Endowment funds**|||||
|Williams bequest|8,704|2,339||11,043|
|Scoones bequest|6,249|1,680||7,929|
||14,953|4,019||18,972|
|**TOTAL FUNDS**|28,746|7,069||35,815|
##
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|
above are as follows:|||||
|---|---|---|---|---|
||**Incoming**|**Resources**|**Gains and**|**Movement**|
||**resources**|**expended**|**losses**|**in funds**|
||**£**|**£**|**£**|**£**|
|**Unrestricted funds**|||||
|General fund|64,869|(59,186)|-|5,683|
|**Restricted funds**|||||
|Flower Fund|80|(90)||(10)|
|Friends of St Mary's|18,099|(20,722)||(2,623)|
||18,179|(20,812)||(2,633)|
|**Endowment funds**|||||
|Williams bequest|||2,339|2,339|
|Scoones bequest|||1,680|1,680|
||_||4,019|4,019|
|**TOTAL FUNDS**|83,048|(79,998)|4,019|7,069|
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