2020-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of All Souls, Eastbourne

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Parochla	I Church Council	I Church Council	Revd Mark Redhouse
			Revd Sam Carter
			Mr Scott Beecham
			Mr Ben Bissett
			Mr Henry Brown
			Miss Eleanor Clibborn
			Revd Canon Andrew Cornea
			Mr Geoffrey Cox
			Mrs Heather Finch
			Mr Andrew Gietzen
			Mr David Gordon-Watkins
			Mrs Monika Hewson
			Mr Johnny Miller
			Mrs Vanessa Redhouse
			Mr Andrew Russell
			Mrs Liz Sadler
			Mr Rob Sewell
			Mr Peter Staley
			Mr Peter Wood
			Mrs Christine Wood
Incumbent			Revd Mark Redhouse
Church	Wardens		Mr Johnny Miller
			Mr Rob Sewell
Charity	number		I I49653
Principal address			53Susans Road
			Eastbourne
			East Sussex
			BN21 3TH
Independent		examiner	Colin Dadswell FCAACCA DChA
			Caladine Limited
			Chantry House
			22 Upperton Road
			Eastbourne
			East Sussex
			BN21 1BF

			Page
Parochial	Church Council's report		1-7
Statement	ofParochial Church Council's	responsibilities	8
Independent examiner's report
Statement	offinancial activities		10-11
Statement	offinancial position		12
Notes to the financial statements			13-27

Current financial year
			Unrestricted	Designated	Restricted	Total	Total
			funds	funds	funds
		Notes	2020 f	2020	2020	2020 8	2019 8
Income from:
Donations and legacies		3	156,915		162,902	319,817	259,475
Charitable activities		4	4,916			4,916	9,664
Investments		5	52		2,808	2,860	1,085
Other income		6	2,264			2,264
Total income			164,147		165,710	329,857	270,224
Exggm(I jgDtJID:
Charitable activities		7	159,195	13,400	253,784	426,379	233,526
Gains on investments		12	889			889	2,004
Net incoming/(outgoing)	resources
before transfers			5,841	(13,400)	(88,074)	(95,633)	38,702
Gross transfers between	funds	20,21	(16,390)	15,076	1,314
Net movement in funds			(10,549)	1,676	(86,760)	(95,633)	38,702
Fund balances at 1 January 2020			110,703	91,056	373,461	575,220	536,518
Fund balances at 31 December
2020		20,21	100,154	92,732	286,701	479,587	575,220

Prior financial	year
				Unrestricted	Designated	Restricted	Total
				funds	funds	funds
			Notes	2019 8	2019	2019 6	2019f
n me nd	e
Donations and legacies			3	164,375		95,100	259,475
Charitable activities			4	9,664			9,664
investments			5	1,085			1,085
Total income				175,124		95,100	270,224
EKftfttttIITILrr'
Charitable activities			7	154,991	16,617	61,918	233,526
Gains on investments			12	2,004			2,004
Net incoming/(outgoing) transfers		resources before		22,137	(16,617)	33,182	38,702
Gross transfers	between	funds	20,21	1,624	(1,624)
Net movement	in funds			23,761	(18,241)	33,182	38,702
Fund balances	at 1 January 2020			86,942	109,297	340,279	536,518
Fund balances	at 31 December 2020		20,21	110,703	91,056	373,461	575,220

		2020		2019
	Notes	6		6
Fixed assets
Property, plant and equipment	13		254,868		274,812
Investments	14		14,053		13,164
			268,921		287,976
Current assets
Trade and other receivables	15	14,897		15,557
Cash at bank and in hand		288,195		273,695
		303,092		289,252
Current liabilities	17	(53,259)		(2,008)
Net current assets			249,833		287,244
Total assets less current liabilities			518,754		575,220
Non-current liabilities	18		(39,167)
Net assets			479,587		575,220
Income funds
Restricted funds	20		286,701		373,461
Designated funds	21		92,732		91,056
Unrestricted funds			100,154		110,703
			479,587		575,220

			Unrestricted	Restricted	Total	Total
			funds	funds
			general
			2020	2020	2020	2019
				6	6
Donations	and gifts		155,602	128,902	284,504	249,475
Grants receivable for core activities			1,313	34,000	35,313	10,000
			156,915	162,902	319,817	259,475
Donations	and gifts
Planned giving			124,978		124,978	122,617
Collections	at all services		3,943		3,943	7,035
Gift days				14,142	14,142	70,752
Sundry donations and appeals			639	95,444	96,083	8,312
Gift aid recoverable			26,042	19,316	45,358	40,759
			155,602	128,902	284,504	249,475
Grants receivable for core activities
Grants for	senior staff fund					10,000
Grants for	facilities development	project		34,000	34,000
Other			1,313		1,313
			1,313	34,000	35,313	10,000

			Unrestricted	Restricted	Total
			funds	funds
			general
			2019 F	2019	2019f
Donations	and gifts		164,375	85,100	249,475
Grants receivable		for core activities		10,000	10,000
			164,375	95,100	259,475
Donations	and gifts
Planned	giving		122,617		122,617
Collections at all services			7,035		7,035
Gift days				70,752	70,752
Sundry donations		and appeals	8,312		8,312
Gift aid recoverable			26,411	14,348	40,759
			164,375	85,100	249,475
Grants receivable for core activities
Grants for senior		staff fund		10,000	10,000
				10,000	10,000

			Books and	Church hall	Total	Total
			magazines	lettlngs	2020	2019
Sales within	charitable	activities	380		380	768
Charitable	rental income			4,536	4,536	7,704
Other income						1,192
			380	4,536	4,916	9,664

			Books and	Church hall	Sundry	Total
			magazines f	lettings		2019 6
Sales within	charitable	activities	768			768
Charitable	rental income			7,704		7,704
Other income					1,192	1,192
			768	7,704	1,192	9,664

Unrestricted	Restricted	Total	Unrestricted
funds	funds		funds
2020	2020	2020	2019
6	6	6	f
52	2,808	2,860	1,085
		Unrestricted	Total
		funds
		general
		2020f	2019 6
		2,264

Charitable activities
		2020	2019
Staff costs		26,841	26,059
Depreciation		22,964	8,385
Diocesan parish contribution		73,656	71,508
Upkeep ofservices		2,231	5,748
Clergy housing costs		5,988	6,495
Working expenses of	the incumbent	2,277	2,505
Church running expenses		1,024	1,284
Fetes and events		273	2,032
Evangelism outreach	and training	1,375	4,167
Bookstall expenses		501	755
Youth support		86	976
Clergy expenses		619	894
Church family support		212	1,334
		138,047	132,142
Grant funding ofactivities (see note 8)		12,330	20,160
Share ofsupport costs (see note 9)		274,022	79,544
Share of governance	costs (see note 9)	1,980	1,680
		426,379	233,526
Analysts by fund
Unrestricted funds		159,195	154,991
Designated funds		13,400	16,617
Restricted funds		253,784	61,918
		426,379	233,526

		2020f	2019f
Grants to	institutions:
Overseas	mission	3,752	11,496
Home mission and other church societies		5,512	3,713
		9,264	15,209
Grants to	individuals	3,066	4,951
		12,330	20,160

Support costs
	Support	Governance	Total	Support	Governance	Total
	costs f	costs f	2020f	costs f	costs f	2019 f
Staff costs	16,331		16,331	17,313		17,313
Church maintenance	12,125		12,125	35,594		35,594
Church hall running
expenses	3,881		3,881	11,324		11,324
Administration	4,031		4,031	6,107		6,107
Insurance	5,165		5,165	3,884		3,884
Church utilities	4,761		4,761	4,070		4,070
Upkeep ofchurchyard	785		785	1,252		1,252
Major building
improvements	226,943		226,943
Accounts and
independent
examination		1,980	1,980		1,680	1,680
	274,022	1,980	276,002	79,544	1,680	81,224

		2020	2019
		Number	Number
Administration
Senior staff worker
Total
Employment	costs	2020f	2019 f
Wages and salaries		39,410	39,572
Other pension	costs	3,762	3,800
		43,172	43,372

Unrestricted	Unrestricted
funds	funds
2020	2019
f
889	2,004

Property, pla	nt and e	quipment
			Land and	Fixtures	Total
			buildings	and fittings
			6	6
Cost
At 1 January	2020		207,732	83,850	291,582
Additions				3,020	3,020
At 31 December 2020			207,732	86,870	294,602
Depreciation	and impairment
At 1 January	2020			16,770	16,770
Depreciation	charged	in the year		22,964	22,964
At 31 December 2020				39,734	39,734
Carrying amount
At 31 December 2020			207,732	47,136	254,868
At 31 December 2019			207,732	67,080	274,812

	Unlisted
	investments
	6
Cost orvaluation
At 1 January 2020	13,164
Valuation changes	889
At 31 December 2020	14,053
Carrying amount
At 31 December 2020	14,053
At 31 December 2019	13,164

15	Trade an	d other receivables	d other receivables
	Amounts	falling due within one year:		2020f	2019 f
	Other receivables			14,304	11,579
	Prepayments		and accrued income	593	3,978
				14,897	15,557
16	Loans
				2020f	2019f
	Loan from diocese			25,000
	Other loans			56,420
				81,420
	Payable	within one year		42,253
	Payable	after	one year	39,167

		2020f	2019 f
Loan froin diocese		5,000
Otherloans		37,253
Other taxation	and social security	1,877	328
Other payables		5,678
Accruals and	deferred income	3,451	1,680
		53,259	2,008
Non-current	liabilities
		2020f	2019f
Loan from diocese		20,000
Otherloans		19,167
		39,167

					Movement in funds	Movement in funds
				Balance at	Incoming	Resources	Transfers	Balance at
				1 January 2020	resources	expended		31 December
								2020
							f	6
Land and Property				207,732				207,732
Senior Staff	Fund			25,527		(26,841)	1,314
Facilities Development		Fund		139,736	165,710	(226,943)		78,503
Hearing Aid	Loop Fund			466				466
				373,461	165,710	(253,784)	1,314	286,701
Movements	for the year ended 31 December 2019
					Movement in funds
				Balance st	Incoming	Resources	Transfers	Balance at
				1 January 2019	resources	expended		31 December
								2019
								8
Land and Property				207,732				207,732
Senior Staff	Fund			41,586	10,000	(26,059)		25,527
Facilities Development			Fund	90,340	77,317	(27,921)		139,736
Hearing Aid	Loop Fund			621		(155)		466
Gift Day Tithe - Ugandan			Mission		7,783	(7,783)
				340,279	95,100	(61,918)		373,461

					Balance at	Resources	Transfers	Balance at
				1	January 2020	expended		31 December
								2020
								F
General Reserves (per Reserves Policy)					52,000		(5,000)	47,000
Administrator	Fund				8,000			8,000
Halls Fund					6,000	(3,881)	3,881	6,000
Ministry Trainee		Fund			3,500			3,500
Major Quinquennial Work Fund					9,350	(9,519)	5,169	5,000
Senior Staff	Fund				10,546		(1,314)	9,232
Re-wiring Fund					1,660		(660)	1,000
Property repairs		fund					13,000	13,000
					91,056	(13,400)	15,076	92,732
Movements	for	the	year ended 31December	2019
					Balance at	Resources	Transfers	Balance at
				1	January 2019	expended		31 December
								2019
								6
General Reserves (per Reserves Policy)					70,000		(18,000)	52,000
Administrator	Fund				8,000			8,000
Halls Fund					6,000	(11,342)	11,342	6,000
Tower Fund					1,793		(1,793)
Ministry Trainee		Fund			3,500			3,500
Major Quinquennial			Work Fund		7,798	(5,275)	6,827	9,350
Senior Staff	Fund				10,546			10,546
Re-wifing Fund					1,660			1,660
					109,297	(16,617)	(1,624)	91,056

Analysis of net assets betwee	n funds
	Unrestricted	Designated	Restricted	Total	Total
	Funds	funds	funds
	2020 6	2020 6	2020 6	2020f	2019
Fund balances are represented	by:
Property, plant and equipment	47,136		207,732	254,868	274,812
Investments	14,053			14,053	13,164
Cunent assets	49,971	92,732	160,389	303,092	287,244
Current liabilities	(11,006)		(42,253)	(53,259)
Long term liabilities			(39,167)	(39,167)
	100,154	92,732	286,701	479,587	575,220
Analysis for the year ended 31	December 2019
	Unrestricted Funds	Designated funds	Restricted funds		Total
	2019 6	2019 6	2019 6		2019f
Property, plant and equipment	67,080		207,732		274,812
Investments	13,164				13,164
Net current assets	30,459	91,056	165,729		287,244
	110,703	91,056	373,461		575,220