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|During theyear the f|During theyear the f|ollowing<br>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<br>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|||||





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||||Unrestricted|Restricted|Endowment|TQTAL~FB|TQTAL~FB|
|---|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|2020|2019|
|||Note||I||||
|Income and eadowments|from:|||||||
|Donations<br>and legacies||2(a)|59,488|63,474||122,962|85,739|
|Charitable<br>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<br>on:||||||||
|Raising funds||3(a)|36|0|0|36|4,126|
|Charitable<br>activities||3(b)|84,409|75,683|989|161,081|103,751|
|TOTAL|||84445|75 683|989|161 117|107877|
|Net gains/(losses)<br>on investments||7|6,935|2,940|709|10,584|11,406|
|NET INCOME/(EXPENDITURE)|||5,968|(7485)|(280)|(1,597)|17,231|
|Transfers<br>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||||||||





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|||2020|2019|
|---|---|---|---|
||Note|I|I|
|FIXEDASSETS||||
|Tangible fixed assets||73,679|74,668|
|Investment<br>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|





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|2<br>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<br>(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|





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|2(c)|Other tradmg activiues|Other tradmg activiues||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||Fundraising<br>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<br>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<br>costs||||||36|0|0|36|4,126|
||||||||36|0|0|36|4,126|
|3(b)|Charitable<br>activities|||||||||||
||Missionary<br>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<br>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|



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||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|





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|EDASS|ETINVESTMKNTS|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||Market Value||||||Market Value at|
||||at 1st January<br>2020|Additions||Disposals||Gams/<br>(tones)|31stDecunber<br>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|



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|||||
|---|---|---|---|
|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|





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|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<br>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<br>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<br>Centre Income Fund (ii)||||2 333||0||0||||0|||0||2,333|
|Building Appeal<br>—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<br>Martin<br>dale Centre||||||||||||||||||
|Refurbishment<br>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<br>and grants||speciflcally for the production|||||ofthe||parish|magazine.||||
|(ii) The balance on the Martindale||Centre Income Fund represents<br>the cost ofsome|||||||ofthe||historical building|||||renovations.||
|(iii) This fund was opened with donations<br>from the Village Appeal in|||||||2004 for repairs|||to the||fabric ofthe|||church.|||
|Monthly donations<br>have|continued|||to flow into the fund||during<br>the year.||||||||||||
|(iv) This restricted<br>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<br>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<br>FUNDS||||||||||||||||||
|||||Balance at||||Movements||in||||||Balance at||
|||||1st Jsnumy||||Resources|||||Gains/|||31stDecember||
|||||2020|Incoming||Outgoing||Transfers||||(losses)||||2020|
|Martindale<br>Centre:||||||||||||||||||
|Capital Endowment<br>Fund||||72,334||||989|||||||0||71,345|
|Bridgeman<br>Trust Churchyaril|Fund|||10,313|||||||||709||||11,022|
|||||82.647||0||989||||0|709||||82,367|



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|||||Unrestricted|Restricted|Endowment|TOTAL|FUNDS|
|---|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|2019|2018|
||||Note||||||
|Income and eudovvments||from:|||||||
|Donations<br>and legacies|||2(a)|63,108|22,63I|0|85,739|70,331|
|Charitable<br>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<br>on:|||||||||
|Raismg funds|||3(aj|1,155|2,971|0|4,126|4,025|
|Charitable<br>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)<br>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<br>between<br>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||||||||