| During theyear the f | During theyear the f | ollowing s |
eived as members ofthe Par | ochial | Church C | ouncil | (PCC): |
|---|---|---|---|---|---|---|---|
| Priest-in-Charge: | FrDavid Murdoch | (PCC | Chairman) | ||||
| Churchwardens: | Mr David Lamb (PCC Deputy Chairman | (elected October 2020)) | |||||
| (Has served as churchwarden since July 2013) |
|||||||
| Mrs Barbara Fairweather | (elected October 2020) | ||||||
| Mr Peter Vince (until October 2020) | |||||||
| Deanery Synod Representatives: | Mrs Heidi Mowforth | (until | 2024) | ||||
| Mrs Chris Wheatley | (until | 2024) | |||||
| Mr Peter Vince | (until | October 2020) | |||||
| Elected Members: | Miss Judith Bowron | (until | 2024) | ||||
| Mrs Barbara Fairweather | (until | 2022) | |||||
| Mr Martin Govas (Treasurer) | (elected 2015) | ||||||
| Mrs biicota Hickey | (until | 2024) | |||||
| Mr Alan Johnson | (until | October 2020) | |||||
| Mr Phil Mdes | (until | October 2020) | |||||
| Mr Aaron Thomas | (until | October 2020) | |||||
| Mr Peter Vince | (until | 2024) | |||||
| Mr John Whiting | (until | 2021) | |||||
| Mr Adrian Woods | (until | 2021) | |||||
| Co-opted Member: | Mrs Marion Lott | (ex-o6icto, MCMC chair) | |||||
| The PCC made the | following | appuinunentsi | |||||
| PCC minutes | secretary | Mrs Marion Lott | |||||
| Parish Safeguarding | Officer | Mrs Rhoda Miles | |||||
| Eiectoral Roll | Officer | Mrs Fiona Price |
| Unrestricted | Restricted | Endowment | TQTAL~FB | TQTAL~FB | |||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2020 | 2019 | |||
| Note | I | ||||||
| Income and eadowments | from: | ||||||
| Donations and legacies |
2(a) | 59,488 | 63,474 | 122,962 | 85,739 | ||
| Charitable activities |
2(b) | 3,422 | 0 | 3,422 | 5,026 | ||
| Other trading activities | 2(c) | 6,602 | 686 | 7,288 | 20,781 | ||
| Investments | i,676 | 498 | 2,174 | 2,156 | |||
| Other | 2(e) | 12,290 | 800 | 13,090 | 0 | ||
| TOTAL | 83,478 | 65,458 | 0 | 148,936 | 113.702 | ||
| Expenditure on: |
|||||||
| Raising funds | 3(a) | 36 | 0 | 0 | 36 | 4,126 | |
| Charitable activities |
3(b) | 84,409 | 75,683 | 989 | 161,081 | 103,751 | |
| TOTAL | 84445 | 75 683 | 989 | 161 117 | 107877 | ||
| Net gains/(losses) on investments |
7 | 6,935 | 2,940 | 709 | 10,584 | 11,406 | |
| NET INCOME/(EXPENDITURE) | 5,968 | (7485) | (280) | (1,597) | 17,231 | ||
| Transfers between funds |
0 | 0 | 0 | 0 | |||
| NET MOVEMENT IN FUNDS | 5,968 | (7,285) | (280) | (1,597) | 17,231 | ||
| Reconciliation ofFunds | |||||||
| Fund Balances brought forward | |||||||
| at 1stJanuary 2020 | 62,780 | 41,591 | 82,647 | 187,018 | 169,787 | ||
| BALANCES CARRIED | IiORIVARD | 68,748 | 34,306 | 82,367 | 185,421 | 187,018 | |
| AT31stDECEMBER 2020 |
| 2020 | 2019 | ||
|---|---|---|---|
| Note | I | I | |
| FIXEDASSETS | |||
| Tangible fixed assets | 73,679 | 74,668 | |
| Investment assets |
72,766 | 62,182 | |
| CURRENT ASSETS | |||
| Debtors | 1,772 | 4,759 | |
| Short term deposits | 15,413 | 15,219 | |
| Cash at bank and in hand | 42,038 | 35,323 | |
| 59,223 | 55,301 | ||
| LIABILITIKS t AMOUNTS FALLING | |||
| DUE WITHIN ONK YEAR | 10 | 20,247 | 5,133 |
| NET CURRENT ASSETS | 38,976 | 50,168 | |
| TOTAL ASSETSLESSCURRENT LIABILITIES | 185,421 | 187,018 | |
| NET ASSETS | 185,421 | 187,018 | |
| FUNDS | |||
| Unrestricted | 11 | 68,748 | 62,780 |
| Restricted | 12 | 34,306 | 41,591 |
| Endowment | 13 | 82,367 | 82,647 |
| TOTAL CHARITY FUNDS | 185,421 | 187,018 |
| 2 IN |
COME AN | D | ENDOWMENTS | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | TOTAL | FUNDS | |||||
| Funds | Funds | Funds | 2020 | 2019 | |||||
| 2(a) | Donations | and legacies | |||||||
| Planned | giving | 35,540 | 5,041 | 40,581 | 39,783 | ||||
| Collections (open plate) |
4,546 | 1,460 | 6,006 | 9,219 | |||||
| Donations | 7,439 | 43,716 | 51,155 | 14,336 | |||||
| Gift aid | tax claimed | 11,176 | 11,428 | 22,604 | 13,951 | ||||
| Grants received | 787 | 1,829 | 2,616 | 7,450 | |||||
| Pgacies | 0 | 0 | 0 | 1,000 | |||||
| 59,488 | 63,474 | 0 | 122,962 | 85 739 | |||||
| 2(b) | Charitable | activities | |||||||
| Parochial | Fees income | 3,422 | 0 | 0 | 3,422 | 5 026 | |||
| 3,422 | 0 | 0 | 3,422 | 5 026 |
| 2(c) | Other tradmg activiues | Other tradmg activiues | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fundraising income |
150 | 686 | 0 | 836 | 7,612 | ||||||
| Hall income | 6,452 | 0 | 0 | 6,452 | 13,169 | ||||||
| 6,602 | 686 | 0 | 7,288 | 20,781 | |||||||
| 2(d) | Investments | ||||||||||
| Dividends and interest |
received | 1,676 | 498 | 0 | 2,174 | 2,156 | |||||
| 1,676 | 498 | 0 | 2,174 | 2,156 | |||||||
| 2(e) | Other —insurance | claims | 12,290 | 800 | 13,090 | ||||||
| TOTAL | 83,478 | 65,458 | 0 | 148,936 | 113,702 | ||||||
| 3 | EXPENDITURE | ||||||||||
| Unrestricted | Restncted | Endowment | TOTAL | FUNDS | |||||||
| Funds | Funds | Funds | 2020 | 2019 | |||||||
| 8 | |||||||||||
| 3(a) | Raising funds | ||||||||||
| Fundrmsing costs |
36 | 0 | 0 | 36 | 4,126 | ||||||
| 36 | 0 | 0 | 36 | 4,126 | |||||||
| 3(b) | Charitable activities |
||||||||||
| Missionary and |
chantable | giving | 2,081 | 2,791 | 0 | 4,872 | 4,373 | ||||
| Ministry costs: | |||||||||||
| Diocesan Parish Contribution | 46,657 | 0 | 0 | 46,657 | 45,016 | ||||||
| Other ministry | costs | 4,617 | 0 | 0 | 4,617 | 4,543 | |||||
| Church running | expenses | 6,353 | 3,243 | 0 | 9,596 | 9,887 | |||||
| Church &hall —Major repairs | tk fabric costs | 11,206 | 62,751 | 0 | 73,957 | 10,807 | |||||
| Upkeep ofservices | 997 | 122 | 0 | 1,119 | 1,077 | ||||||
| Youth work, training | and | mission | 939 | 625 | 0 | 1,564 | 546 | ||||
| Parish magazine | 0 | 5,992 | 0 | 5,992 | 6,112 | ||||||
| Church hall running |
costs | 8,171 | 0 | 0 | 8,171 | 14,470 | |||||
| Supportcosts | 477 | 99 | 0 | 576 | 2,297 | ||||||
| Administrative | costs | 2,911 | 60 | 0 | 2,971 | 3,620 | |||||
| Depreciation | 0 | 0 | 989 | 989 | 1 003 | ||||||
| 84,409 | 75,683 | 989 | 161,081 | 103,751 | |||||||
| TOTAL | 84445 | 75683 | 989 | 161117 | 107877 |
| Unrestricted | Restricted | Endowment | ||
|---|---|---|---|---|
| Funds | Funds | Funds | ||
| 8 | ||||
| Fixed assets | 43,361 | 20,717 | 82,367 | 146,445 |
| Current assets | 30,229 | 28,994 | 0 | 59+23 |
| Current liabilines | (4,842) | (15,405) | 0 | (20,247) |
| Fund Balances | 68748 | 34306 | 82 367 | 185421 |
| EDASS | ETINVESTMKNTS | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Market Value | Market Value at | ||||||||
| at 1st January 2020 |
Additions | Disposals | Gams/ (tones) |
31stDecunber 2020 |
|||||
| 6 | |||||||||
| Church | ofEngland CBFInvestment | Fund: | |||||||
| 538income shares (see | note below) | 10,312 | 709 | 11,021 | |||||
| Church | ofEngland CBFGlobal Equity Fund: | ||||||||
| 23417.6 incorue shares | 51,870 | 9,875 | 61,745 | ||||||
| 62,182 | 0 | 0 | 10,584 | 72,766 |
| TANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Freehold | Buildmg | TOTAL | |
| land and | renovations | ||
| buildmgs | |||
| Cost: | |||
| At 1stJanuary 2020 | 69,681 | 44,927 | 114,608 |
| Addibons | 0 | 0 | 0 |
| Disposais | 0 | 0 | 0 |
| At 31st Daceniber 2020 | 69681 | 44,927 | 114608 |
| Depreciation: | |||
| At 1stJanuary 2020 | 19,192 | 20,748 | 39,940 |
| Charge for the year | 505 | 484 | 989 |
| Disposals | 0 | 0 | 0 |
| At 31stDecember 2020 | 19697 | 21,232 | 40 929 |
| Net book amounts | |||
| At 31stDecember 2020 | 49,984 | 23,695 | 73,679 |
| At 31stDecember 2019 | 50,469 | 24,179 | 74,666 |
| 9 | DEBTORS | 2020 | 2019 |
| 8 | |||
| Recoverable Gift Aid | 1,519 | 3,962 | |
| Other sundry debtors | 253 | 797 | |
| 1,772 | 4,759 | ||
| 10 | LIABILITIES: AMOUNTS FALLING DUK WITHIN ONK YEAR | 2020 | 2019 |
| f | |||
| Creditors for goods and services | 20,247 | 5,133 | |
| 20,247 | 5 133 |
| UNRESTRICTED FUNDS | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance at | Movements | in | Balance at | ||||||||||||||
| 1st.January | Resources | 31st | December | ||||||||||||||
| 2020 | Incoming | Outgoing | Transfers | Gains | 2020 | ||||||||||||
| General Fund | 50,024 | 70,670 | 72,339 | 0 | 3,878 | 52,233 | |||||||||||
| Designated Fabric Fund |
12,756 | 12,808 | 12,106 | 0 | 3,057 | 16,515 | |||||||||||
| 62,780 | 83,478 | 84,445 | 0 | 6,935 | 68,748 | ||||||||||||
| RESTRICTED FUNDS | |||||||||||||||||
| Balanoe at | Movements | in | Balance at | ||||||||||||||
| 1st.January | Resources | 31st | December | ||||||||||||||
| 2020 | Incoming | Outgoing | Transfers | Gains | 2020 | ||||||||||||
| I | |||||||||||||||||
| Building Repairs and Fabric Fund | 296 | 47,993 | 47,796 | 0 | 85 | 578 | |||||||||||
| Charitable Collections Fund |
25 | 2,665 | 2,690 | 0 | 0 | 0 | |||||||||||
| Faith in Action Fund | 649 | 15 | 101 | 0 | 87 | 650 | |||||||||||
| P&P Magazine Fund (i) | 219 | 6,182 | 6,080 | 0 | 0 | 321 | |||||||||||
| Martindale Centre Income Fund (ii) |
2 333 | 0 | 0 | 0 | 0 | 2,333 | |||||||||||
| Building Appeal —2004 Fund |
(iii) | 538 | 1,640 | 800 | 0 | 87 | 1,465 | ||||||||||
| Restricted Gifts Fund | 535 | 700 | 747 | 0 | 0 | 488 | |||||||||||
| Friends ofHorsted Keynes Church (iv) | 33,643 | 6,263 | 16,599 | 0 | 2,681 | 25,988 | |||||||||||
| Restricted Martin dale Centre |
|||||||||||||||||
| Refurbishment Fund (v) |
182 | 0 | 182 | ||||||||||||||
| StGiles North Annex Appeal | Fund | (vi) | 3,171 | 870 | 2,301 | ||||||||||||
| 41 591 | 65,458 | 75,683 | 0 | 2,940 | 34,306 | ||||||||||||
| (i) The P&PMagazme Fund receives | donations and grants |
speciflcally for the production | ofthe | parish | magazine. | ||||||||||||
| (ii) The balance on the Martindale | Centre Income Fund represents the cost ofsome |
ofthe | historical building | renovations. | |||||||||||||
| (iii) This fund was opened with donations from the Village Appeal in |
2004 for repairs | to the | fabric ofthe | church. | |||||||||||||
| Monthly donations have |
continued | to flow into the fund | during the year. |
||||||||||||||
| (iv) This restricted fund was |
launched | in September 2011specifically | for | the maintenance | ofthe fabric | ||||||||||||
| ofSt.Giles Church and churchyard | in Hoisted Keynes. | ||||||||||||||||
| (v) This fund was re-opened | in 2019to receive restricted | income towards the costof | refurbishing/upgrading | the | heating | ||||||||||||
| system in the Msrtindale | Centre. | Most ofthe costs ofrefurbishing/upgrading the |
heating | system were | |||||||||||||
| charged to the fund in 2019,leaving a small balance | to carry forward. | ||||||||||||||||
| (vi) This appeal fund was opened in March 2016to fund | the planning | and construction ofan | annex to the | north | |||||||||||||
| ofthe StGiles church building. | |||||||||||||||||
| ENDOWMENT FUNDS |
|||||||||||||||||
| Balance at | Movements | in | Balance at | ||||||||||||||
| 1st Jsnumy | Resources | Gains/ | 31stDecember | ||||||||||||||
| 2020 | Incoming | Outgoing | Transfers | (losses) | 2020 | ||||||||||||
| Martindale Centre: |
|||||||||||||||||
| Capital Endowment Fund |
72,334 | 989 | 0 | 71,345 | |||||||||||||
| Bridgeman Trust Churchyaril |
Fund | 10,313 | 709 | 11,022 | |||||||||||||
| 82.647 | 0 | 989 | 0 | 709 | 82,367 |
| Unrestricted | Restricted | Endowment | TOTAL | FUNDS | ||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2019 | 2018 | ||||
| Note | ||||||||
| Income and eudovvments | from: | |||||||
| Donations and legacies |
2(a) | 63,108 | 22,63I | 0 | 85,739 | 70,331 | ||
| Charitable activities |
2(b) | 5,026 | 0 | 0 | 5,026 | 3,763 | ||
| Other trading activities | 2(c) | 13,692 | 7,089 | 0 | 20,781 | 23,543 | ||
| Investments | 2(d) | 1,664 | 492 | 0 | 2,156 | 728 | ||
| TOTAL | 83,490 | 30212 | 0 | 113702 | 98365 | |||
| Expenditure on: |
||||||||
| Raismg funds | 3(aj | 1,155 | 2,971 | 0 | 4,126 | 4,025 | ||
| Charitable activities |
3(b) | 80,836 | 21,912 | 1,003 | 103,751 | 91,970 | ||
| TOTAL | 81,991 | 24,883 | 1,003 | 107,877 | 95,995 | |||
| Net gains/(losses) on investments |
7 | 6,869 | 2,912 | 1,625 | 11,406 | (4,461) | ||
| NET INCOME/(EXPENDITURE) | 8,368 | 8,241 | 622 | 17,231 | (2,091) | |||
| Transfers between funds |
0 | 0 | ||||||
| NET MOVEMENT IN FUNDS | 8,368 | 8,241 | 622 | 17,231 | (2,091) | |||
| ReconciTiation ofFunds | ||||||||
| Fund Balances brought | forward | |||||||
| at 1st)anuary 2019 | 54,412 | 33,350 | 82,025 | 169,787 | 171,878 | |||
| BALANCES CARRIED | FORWARD | 62,780 | 41,591 | 82,647 | 187,018 | 169,787 | ||
| AT 31stDECEMBER | 2019 |