FOR PCC REPORT
## **FINANCIAL OVERVIEW**
Our General Fund income decreased by £3,700. Planned giving decreased by £5,000 and due to COVID, income from Hall lettings was £7,700 less than in 2019. We received a generous donation of £12,000, which helped to offset some of the decrease in income.
£26,700 from legacy funds was used towards the cost of our Youth and Children's worker, so our overall deficit on the General Fund was £5,400. Funds at the end of the year, excluding tangible fixed assets totalled £723,000, of which £44,000 is in the general fund, £612,000 in legacy funds, and the remainder in other funds.
## **RESERVES POLICY**
The PCC aims to maintain a balance in the General fund of approximately three months’ general expenditure. Total unrestricted reserves in the General Fund at the end of the year were £44,100 which represents approximately three months of expenditure with the remaining unrestricted funds being kept in investments.
## **INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST BARNABAS' CHURCH, WINCHESTER**
I report on the accounts for the year ended 31 December 2020 set out on pages 8 to 13
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 145 of the Charities Act 2011 (the Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of opinion**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 130 of the Act; and - to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
15 Feb 2021
James Fraser
Bsc CGMA ACMA Independent Examiner 8 Vernham Road Winchester SO22 6BP
7
## PAROCHIAL CHURCH COUNCIL OF ST BARNABAS CHURCH, WINCHESTER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 STATEMENT OF FINANCIAL ACTIVITIES
|For the year ending 31 December 2020|For the year ending 31 December 2020||||||
|---|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Designated**|**TOTAL**|**TOTAL**|
|||**Funds**|**Funds**|**Funds**|**2020**|**2019**|
||**Notes**|**£**|**£**|**£**|**£**|**£**|
|INCOMING RESOURCES|||||||
|Voluntary income|3(a)|133,913|3,417|9,041|146,371|142,408|
|Charitable Activities|3(b)|8,805|2,533|-|11,338|15,876|
|Trading|3(c)|-|-|-|-|-|
|Investments|3(d)|202|76|2,734|3,012|5,417|
|TOTAL INCOMING RESOURCES||142,920|6,026|11,775|160,721|163,701|
|RESOURCES EXPENDED|||||||
|Charitable activities|4(a)|9,375|-|837|10,212|11,615|
|Ministry|4(b)|164,766|4,251|22,161|191,178|177,038|
|TOTAL RESOURCES EXPENDED||174,141|4,251|22,998|201,390|188,654|
|NET INCOMING RESOURCES BEFORE TRANSFERS|||||||
|||(31,221)|1,775|(11,223)|(40,669)|(24,953)|
|GROSS TRANSFERS BETWEEN FUNDS|||||||
|||26,734|(1,757)|(24,977)|(0)|-|
|NET INCOMING RESOURCES BEFORE|||||||
|OTHER RECOGNISED GAINS AND LOSSES|||||||
|||(4,487)|18|(36,200)|(40,669)|(24,953)|
|OTHER RECOGNISED GAINS|||||||
|Gains on investment assets:||-|-|6,391|6,391|8,203|
|NET MOVEMENT IN FUNDS||(4,487)|18|(29,809)|(34,278)|(16,750)|
|Bal b/f 1 Jan 2019||58,816|26,549|685,869|771,235|787,984|
|Bal c/f 31 Dec 2020||54,329|26,567|656,061|736,957|771,235|
8
## PAROCHIAL CHURCH COUNCIL OF ST BARNABAS CHURCH, WINCHESTER
## BALANCE SHEET AS AT 31 DECEMBER 2020
||Notes||2020|2019|
|---|---|---|---|---|
|FIXED ASSETS|||£|£|
|Tangible||7|10,207|10075|
|CURRENT ASSETS|||||
|Stock|||-|-|
|Investments||8|28,434|25,795|
|Debtors and prepayments||||-|
|Short-term deposits|||619,262|696,927|
|Cash at bank and in hand|||80,054|39,439|
|Total|||727,750|762,160|
|LIABILITIES|||||
|Creditors - amounts falling due within one year|||1,000|1,000|
|NET CURRENT ASSETS/(LIABILITIES)|||726,750|761,160|
|TOTAL NET ASSETS|||736,957|771,235|
|PARISH FUNDS|||||
|**Unrestricted**|||54,333|58,816|
|**Restricted**|||26,567|26,550|
|**Endowment/designated**|||656,057|685,869|
|Total|||736,957|771,235|
Approved by the Parochial Church Council on and signed on its behalf by
M Fletcher, Treasurer
S Williams, Church Warden
9
## **PAROCHIAL CHURCH COUNCIL OF ST BARNABAS CHURCH, WINCHESTER**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020**
## **Notes to the Financial Statements for the year ended 31 December 2020**
## **1. ACCOUNTING POLICIES**
Basis of financial statements The financial statements have been prepared under the Church Accounting Regulations 2006 and in accordance with applicable accounting standards, the Charities Act 2011 and the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published in July 2014). They are prepared under the historical costs convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body, nor those that are informal gatherings of church members. The financial statements for the year ended 31 December 2020 have been prepared in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities, which legislation brought into effect from January 2015. The accounts have been prepared on the going concern basis. There are no material uncertainties about the charity's ability to continue.
## **Fund accounting**
_Restricted funds_ comprise revenue donations or grants for specific PCC activity intended by the donor. _Unrestricted funds_ are income funds which are to be spent on the PCC's general purposes. _Designated funds_ are general funds set aside by the PCC for use in the future. Project funds are designated for particular projects for administration purposes only. Funds designated as invested in fixed assets for the PCC's own use abated in line with assets' annual depreciation charges in the SOFA. Designated funds remain unrestricted and the PCC will move any surplus to other general funds.
## **Income**
Planned giving, collections and similar donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is entitled to the use of the resources, their ultimate receipt is considered probable and the amounts due are reliably quantifiable. Dividends are accounted for when declared receivable, interest as and when accrued by the payer. All incoming resources are accounted for gross.
## **Expenditure**
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share expected to be paid over is accounted for when due. Expenditure is recognised on an accruals basis as a liability is incurred and is inclusive of value added tax which cannot be recovered.
## **Fixed assets**
Consecrated and benefice property is not included in the accounts in accordance with s.10(2)(a) and ( c) of the Charities Act 2011. Moveable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church's inventory, which can be inspected (at any reasonable time).
Equipment used within the church premises is depreciated on a straight-line basis over four years. Individual items of equipment with a purchase price of £500 or less are written off when the asset is acquired.
## **Investment Policy**
Investments are valued at market value at the year end. Any gains or losses are shown in the Statement of Financial Activities.
## **2. ADMINISTRATIVE INFORMATION**
The charity is unincorporated and was registered on 17 September 2013 with the Charity Commission in England and Wales. The registered number is 1153845. The charity is a public benefit entity.
The registered office of the charity is St Barnabas Church, Fromond Road, Weeke, Winchester, SO22 6DS.
10
## **3. INCOME**
|**3(a)** Donations and legacies
Voluntary Giving
Collections:
(open plate)
Tax recoverable (gift aid)
Donations, appeals etc
Legacies
**3(b)** Charitable Activities
Fees for weddings and funerals
Church Centre lettings - local community us
Messy Church (Joint with Wesley)
Beehive
Parish Weekend
Grants
Other Income
**3(c)** Trading Activities
NONE
**3(d)** Investments
Bank and CCLA Deposit Fund Interest
CBF Deposit account interest
**TOTAL INCOME**|**Unrestricted**
**Restricted**
**Designated**
**TOTAL**
**TOTAL**
**Funds**
**Funds**
**Funds**
**2020**
**2019**
**£**
**£**
**£**
**£**
**£**
95,975
-
-
95,975
105,081
466
-
3,791
4,258
3,304
24,506
-
50
24,556
25,247
12,966
3,417
4,200
20,583
8,276
1,000
1,000
500|
|---|---|
||**133,913**
**3,417**
**9,041**
**146,371**
**142,408**|
||1,079
-
-
1,079
1,761
e
5,110
-
-
5,110
12,780
-
-
-
-
-
-
-
-
-
415
-
-
-
-
-
-
927
-
927
-
2,617
1,606
-
4,223
920|
||**8,805**
**2,533**
-
**11,338**
**15,876**|
||-
-
-
-
-
202
76
94
372
741
-
-
2,640
2,640
4,676|
||**202**
**76**
**2,734**
**3,012**
**5,417**|
||**------------------ ------------------- ------------------- --------------------- -------------------**
**142,920**
**6,026**
**11,775**
**160,721**
**163,701**
**========== =========== =========== ============ ===========**|
11
## **4. EXPENDITURE**
|**4. EXPENDITURE**||
|---|---|
|**4(a)** Charitable activities
Missionary and charitable giving
Overseas:
Brickworks
Embrace the Middle East
Barnabas Fund
Various mission
Home:
Bishop's Appeal
Street Pastors
Various
MORSE Andover
**4(b)** Ministry: Diocesan parish share
Parish Weekend
Church running and maintenance
Major repairs - structural renewal
Depreciation on equipment
Equipment
Hall & Grounds
Governance costs & Other
**TOTAL EXPENDITURE**|**Unrestricted**
**Restricted**
**Designated**
**TOTAL**
**TOTAL**
**Funds**
**Funds**
**Funds**
**2,020**
**2019**
**£**
**£**
**£**
**£**
**£**
3,100
-
-
3,100
3,100
400
-
-
400
400
350
-
-
350
450
1,550
-
-
1,550
3,382
750
-
-
750
500
500
-
-
500
2,484
2,725
-
837
3,562
1,000
-
-
-
-
300|
||**9,375**
**-**
**837**
**10,212**
**11,615**|
||80,614
-
-
80,614
77,100
-
-
500
500
-
68,836
2,480
6,084
77,399
78,815
-
-
15,577
15,577
5,146
3,824
-
-
3,824
3,033
2,080
-
-
2,080
1,741
8,414
-
-
8,414
10,203
1,000
1,771
-
2,771
1,000|
||**164,766**
**4,251**
**22,161**
**191,178**
**177,038**
**------------------ ------------------- ------------------- --------------------- -------------------**
**174,141**
**4,251**
**22,998**
**201,390**
**188,654**
**========== =========== =========== ============ ===========**|
Included within governance costs above are amounts due to the independent examiners in relation to independent examination of £1,000 (2019: £1,000)
12
## **5** STAFF COSTS
Included in Runningnand maintenance costs
|Wages and salaries||48,323|
|---|---|---|
|Employer's NIC|below limit for payment||
|Employer's pension|contributions|1,010|
During the year the PCC employed a full-time Youth Worker, and 4 part-time staff, a Children's Worker, Organist, Administrator and a Hall Cleaner All eligible staff are opted into the NEST pension scheme, unless they opt out.
## **6** PAYMENTS TO PCC MEMBERS
The governing document of the charity allows members of the PCC to be paid for services provided, other than those provided in capacity as a council member. No other payments or expenses were paid to any other PCC member, persons connected to them or related parties, except the reimbursement of expenses incurred on behalf of the charity.
## **7 FIXED ASSETS**
|**FIXED ASSETS**|||
|---|---|---|
|||**Church**|
|Tangible||**Equipment**|
|||£|
|COST|At 1 January 2020|66,407|
||Additions at cost|3,952|
||At 31 December 2020|70,359|
|Depreciation|At 1 January 2020|56,332|
||Charge for the year|3,819|
||At 31 Dec 2020|60,151|
||**NBV 31 Dec 2020**|**10,207**|
||NBV 31 Dec 2019|**10,075**|
## **8 CURRENT ASSETS**
|_Investments_|£|
|---|---|
|Market value at 1 January 2020|**25,794**|
|Revaluation gain|2,640|
||---------------------|
|Market value at 31 December 2020|**28,434**|
||============|
13
## **INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST BARNABAS' CHURCH, WINCHESTER**
I report on the accounts for the year ended 31 December 2020 set out on pages 8 to 13
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 145 of the Charities Act 2011 (the Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of opinion**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 130 of the Act; and - to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
15 Feb 2021
James Fraser
Bsc CGMA ACMA Independent Examiner 8 Vernham Road Winchester SO22 6BP
7
## PAROCHIAL CHURCH COUNCIL OF ST BARNABAS CHURCH, WINCHESTER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 STATEMENT OF FINANCIAL ACTIVITIES
|For the year ending 31 December 2020|For the year ending 31 December 2020||||||
|---|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Designated**|**TOTAL**|**TOTAL**|
|||**Funds**|**Funds**|**Funds**|**2020**|**2019**|
||**Notes**|**£**|**£**|**£**|**£**|**£**|
|INCOMING RESOURCES|||||||
|Voluntary income|3(a)|133,913|3,417|9,041|146,371|142,408|
|Charitable Activities|3(b)|8,805|2,533|-|11,338|15,876|
|Trading|3(c)|-|-|-|-|-|
|Investments|3(d)|202|76|2,734|3,012|5,417|
|TOTAL INCOMING RESOURCES||142,920|6,026|11,775|160,721|163,701|
|RESOURCES EXPENDED|||||||
|Charitable activities|4(a)|9,375|-|837|10,212|11,615|
|Ministry|4(b)|164,766|4,251|22,161|191,178|177,038|
|TOTAL RESOURCES EXPENDED||174,141|4,251|22,998|201,390|188,654|
|NET INCOMING RESOURCES BEFORE TRANSFERS|||||||
|||(31,221)|1,775|(11,223)|(40,669)|(24,953)|
|GROSS TRANSFERS BETWEEN FUNDS|||||||
|||26,734|(1,757)|(24,977)|(0)|-|
|NET INCOMING RESOURCES BEFORE|||||||
|OTHER RECOGNISED GAINS AND LOSSES|||||||
|||(4,487)|18|(36,200)|(40,669)|(24,953)|
|OTHER RECOGNISED GAINS|||||||
|Gains on investment assets:||-|-|6,391|6,391|8,203|
|NET MOVEMENT IN FUNDS||(4,487)|18|(29,809)|(34,278)|(16,750)|
|Bal b/f 1 Jan 2019||58,816|26,549|685,869|771,235|787,984|
|Bal c/f 31 Dec 2020||54,329|26,567|656,061|736,957|771,235|
8
## PAROCHIAL CHURCH COUNCIL OF ST BARNABAS CHURCH, WINCHESTER
## BALANCE SHEET AS AT 31 DECEMBER 2020
||Notes||2020|2019|
|---|---|---|---|---|
|FIXED ASSETS|||£|£|
|Tangible||7|10,207|10075|
|CURRENT ASSETS|||||
|Stock|||-|-|
|Investments||8|28,434|25,795|
|Debtors and prepayments||||-|
|Short-term deposits|||619,262|696,927|
|Cash at bank and in hand|||80,054|39,439|
|Total|||727,750|762,160|
|LIABILITIES|||||
|Creditors - amounts falling due within one year|||1,000|1,000|
|NET CURRENT ASSETS/(LIABILITIES)|||726,750|761,160|
|TOTAL NET ASSETS|||736,957|771,235|
|PARISH FUNDS|||||
|**Unrestricted**|||54,333|58,816|
|**Restricted**|||26,567|26,550|
|**Endowment/designated**|||656,057|685,869|
|Total|||736,957|771,235|
Approved by the Parochial Church Council on and signed on its behalf by
M Fletcher, Treasurer
S Williams, Church Warden
9
## **PAROCHIAL CHURCH COUNCIL OF ST BARNABAS CHURCH, WINCHESTER**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020**
## **Notes to the Financial Statements for the year ended 31 December 2020**
## **1. ACCOUNTING POLICIES**
Basis of financial statements The financial statements have been prepared under the Church Accounting Regulations 2006 and in accordance with applicable accounting standards, the Charities Act 2011 and the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published in July 2014). They are prepared under the historical costs convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body, nor those that are informal gatherings of church members. The financial statements for the year ended 31 December 2020 have been prepared in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities, which legislation brought into effect from January 2015. The accounts have been prepared on the going concern basis. There are no material uncertainties about the charity's ability to continue.
## **Fund accounting**
_Restricted funds_ comprise revenue donations or grants for specific PCC activity intended by the donor. _Unrestricted funds_ are income funds which are to be spent on the PCC's general purposes. _Designated funds_ are general funds set aside by the PCC for use in the future. Project funds are designated for particular projects for administration purposes only. Funds designated as invested in fixed assets for the PCC's own use abated in line with assets' annual depreciation charges in the SOFA. Designated funds remain unrestricted and the PCC will move any surplus to other general funds.
## **Income**
Planned giving, collections and similar donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is entitled to the use of the resources, their ultimate receipt is considered probable and the amounts due are reliably quantifiable. Dividends are accounted for when declared receivable, interest as and when accrued by the payer. All incoming resources are accounted for gross.
## **Expenditure**
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share expected to be paid over is accounted for when due. Expenditure is recognised on an accruals basis as a liability is incurred and is inclusive of value added tax which cannot be recovered.
## **Fixed assets**
Consecrated and benefice property is not included in the accounts in accordance with s.10(2)(a) and ( c) of the Charities Act 2011. Moveable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church's inventory, which can be inspected (at any reasonable time).
Equipment used within the church premises is depreciated on a straight-line basis over four years. Individual items of equipment with a purchase price of £500 or less are written off when the asset is acquired.
## **Investment Policy**
Investments are valued at market value at the year end. Any gains or losses are shown in the Statement of Financial Activities.
## **2. ADMINISTRATIVE INFORMATION**
The charity is unincorporated and was registered on 17 September 2013 with the Charity Commission in England and Wales. The registered number is 1153845. The charity is a public benefit entity.
The registered office of the charity is St Barnabas Church, Fromond Road, Weeke, Winchester, SO22 6DS.
10
## **3. INCOME**
|**3(a)** Donations and legacies
Voluntary Giving
Collections:
(open plate)
Tax recoverable (gift aid)
Donations, appeals etc
Legacies
**3(b)** Charitable Activities
Fees for weddings and funerals
Church Centre lettings - local community us
Messy Church (Joint with Wesley)
Beehive
Parish Weekend
Grants
Other Income
**3(c)** Trading Activities
NONE
**3(d)** Investments
Bank and CCLA Deposit Fund Interest
CBF Deposit account interest
**TOTAL INCOME**|**Unrestricted**
**Restricted**
**Designated**
**TOTAL**
**TOTAL**
**Funds**
**Funds**
**Funds**
**2020**
**2019**
**£**
**£**
**£**
**£**
**£**
95,975
-
-
95,975
105,081
466
-
3,791
4,258
3,304
24,506
-
50
24,556
25,247
12,966
3,417
4,200
20,583
8,276
1,000
1,000
500|
|---|---|
||**133,913**
**3,417**
**9,041**
**146,371**
**142,408**|
||1,079
-
-
1,079
1,761
e
5,110
-
-
5,110
12,780
-
-
-
-
-
-
-
-
-
415
-
-
-
-
-
-
927
-
927
-
2,617
1,606
-
4,223
920|
||**8,805**
**2,533**
-
**11,338**
**15,876**|
||-
-
-
-
-
202
76
94
372
741
-
-
2,640
2,640
4,676|
||**202**
**76**
**2,734**
**3,012**
**5,417**|
||**------------------ ------------------- ------------------- --------------------- -------------------**
**142,920**
**6,026**
**11,775**
**160,721**
**163,701**
**========== =========== =========== ============ ===========**|
11
## **4. EXPENDITURE**
|**4. EXPENDITURE**||
|---|---|
|**4(a)** Charitable activities
Missionary and charitable giving
Overseas:
Brickworks
Embrace the Middle East
Barnabas Fund
Various mission
Home:
Bishop's Appeal
Street Pastors
Various
MORSE Andover
**4(b)** Ministry: Diocesan parish share
Parish Weekend
Church running and maintenance
Major repairs - structural renewal
Depreciation on equipment
Equipment
Hall & Grounds
Governance costs & Other
**TOTAL EXPENDITURE**|**Unrestricted**
**Restricted**
**Designated**
**TOTAL**
**TOTAL**
**Funds**
**Funds**
**Funds**
**2,020**
**2019**
**£**
**£**
**£**
**£**
**£**
3,100
-
-
3,100
3,100
400
-
-
400
400
350
-
-
350
450
1,550
-
-
1,550
3,382
750
-
-
750
500
500
-
-
500
2,484
2,725
-
837
3,562
1,000
-
-
-
-
300|
||**9,375**
**-**
**837**
**10,212**
**11,615**|
||80,614
-
-
80,614
77,100
-
-
500
500
-
68,836
2,480
6,084
77,399
78,815
-
-
15,577
15,577
5,146
3,824
-
-
3,824
3,033
2,080
-
-
2,080
1,741
8,414
-
-
8,414
10,203
1,000
1,771
-
2,771
1,000|
||**164,766**
**4,251**
**22,161**
**191,178**
**177,038**
**------------------ ------------------- ------------------- --------------------- -------------------**
**174,141**
**4,251**
**22,998**
**201,390**
**188,654**
**========== =========== =========== ============ ===========**|
Included within governance costs above are amounts due to the independent examiners in relation to independent examination of £1,000 (2019: £1,000)
12
## **5** STAFF COSTS
Included in Runningnand maintenance costs
|Wages and salaries||48,323|
|---|---|---|
|Employer's NIC|below limit for payment||
|Employer's pension|contributions|1,010|
During the year the PCC employed a full-time Youth Worker, and 4 part-time staff, a Children's Worker, Organist, Administrator and a Hall Cleaner All eligible staff are opted into the NEST pension scheme, unless they opt out.
## **6** PAYMENTS TO PCC MEMBERS
The governing document of the charity allows members of the PCC to be paid for services provided, other than those provided in capacity as a council member. No other payments or expenses were paid to any other PCC member, persons connected to them or related parties, except the reimbursement of expenses incurred on behalf of the charity.
## **7 FIXED ASSETS**
|**FIXED ASSETS**|||
|---|---|---|
|||**Church**|
|Tangible||**Equipment**|
|||£|
|COST|At 1 January 2020|66,407|
||Additions at cost|3,952|
||At 31 December 2020|70,359|
|Depreciation|At 1 January 2020|56,332|
||Charge for the year|3,819|
||At 31 Dec 2020|60,151|
||**NBV 31 Dec 2020**|**10,207**|
||NBV 31 Dec 2019|**10,075**|
## **8 CURRENT ASSETS**
|_Investments_|£|
|---|---|
|Market value at 1 January 2020|**25,794**|
|Revaluation gain|2,640|
||---------------------|
|Market value at 31 December 2020|**28,434**|
||============|
13