2020-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Tidenham With Beachley And Lancaut

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Page
1-6	Report ofthe trustees
	Independent examiner's	report
	Receipts and payments	account
	Statement ofassets and	liabilities
10-14	Notes to the financial statements

Exofficio:
Incumbent	Revd David Treharne		Chair
Curate	Revd Janice Hamilton
Curate	Revd Nicki Bullivant	(from 19September 2020)
Churchwarden	Mr David Burr	(until APCM 11October 2020)	Vice chair
Churchwarden	Prof Brian Duerden CBE	(from APCM 11 October 2020)	Vice chair
Churchwarden	Miss Nicholette Flatman		Vice chair
Reader	Mrs Fiona Gardiner
Reader	Mr James Parsons		Deanery	synod representative
			(from 11	October 2020)
Elected;	Mr Ewen Hamilton		Treasurer
	Mr lain Gardiner	(Co-opted in 2018, elected at	Secretary
		APCM 11October 2020)
	Mrs Nicki Bullivant	(until APCM 11 October 2020)	Deanery	synod representative
	Mrs Margaret Coombs	(until APCM 11 October 2020)	Deanery	synod representative
	Dr Emma Phillips		Deanery	synod representative
	Prof Brian Duerden CBE	(until APCM 11 October 2020)
	Ms Marilyn Henderson
	Mr Peter Jones
	Mr Colin Lee	(resigned 25 March 2020)
	Mr Roger Martin	(until APCM 11 October 2020)
	Mr Andrew Palmer
	Mr Steven Shaw	(until APCM 11 October 2020)
	Mrs Tanya White	(until APC M 11 October 2020)
	Mr Robin Riordan	(from APCM 11 October 2020)
	Mrs Melanic Walton	(from APCM 11 October 2020)
	Miss Chantelle Wynn	(from APCM 11 October 2020)
Co-opted:	Mr John-Ross Henderson	(from APCM 11 October 2020)
	Mrs Molly Mayo	(from APCM 11 October 2020)	Deanery	synod representative

		Unrestdctsd	Unrestricted
	Note	general fund 6	designated funds	Restricted funds 8	Total 2020f	Total 2019 2
RECEIPTS
Voluntary receipts: Planned giving Collections at services		45,442 3,672		4,695	50,137 3,672	48,571 17,374
All other giving and voluntary receipts GIR Aid recovered		8,648 12,441		4,581 2,302	13,229 14,743	20,244 17,856
Legacies Grants		5,500 880	3,156	500 42,000	6,000 46,036	83,318
		76,583	3,156	54,078	133,817	187,363
Activities for generating funds:
Gross income from fundraising activities				229	229	4,568
investment Income: Dividends and interest		85		620	705	1,053
Church activities: Fees for weddings and funerals Gross Income from trading		5,694 2,368		261	5,694 2,629	8,101 6,096
Other incoming resources: Other income		1,968			1,968	165
Total receipts		86,698	3,156	55,188	145,042	207,346
PAYNlENTS
Church activities: Mission giving and donations		2,470		300	2,770	4,242
Diocesan parish share contribution Salaries, wages and honorada Clergy and staff expenses Mission and evangelism costs Church running expenses Cost oftrading Ma)or repairs to church buildings Improvements to church buildings		64,427 1,708 2,139 270 16,046 249 2,765 1,486	580 3,585	26,270 216 1,740 772 1,148 4,056	64,427 27,978 2,355 2,010 17,398 249 7,498 5,542	60,780 27,346 3,843 3,714 38,872 6,713 1,931 171,531
		91,560	4,165	34,502	130,227	318,972
Costs ofgenerating income:						127
Fund-raising activities
Governance costs Governance costs		583			583	741
Total payments		92,143	4,165	34,502	130,810	319,840
(Shortfall) I excess ofreceipts over		(5,445)	(1,009)	20,586	14,232	(112,494)
payments
Transfers between funds Cash at bank and in hand at 1	January 10	35,045	3,335	77,969	116,349	228,843
Cash at bank and in hand at	31 December	29,600	2,326	98,655	130,581	116,349

			Unrestricted	Unrestricted
		Note	general fund 6	designated funds f	Restricted funds 8	Total 2020	Total 2019f
Cash Funds Lloyds bank accounts Monmouthshire Building CBFdeposit accounts	Society		9,164 20,436	2,326	58,955 15,628 24,072	70,445 15,628 44,508	56,918 15,551 43,880
		10	29,600	2,326	98,655	130,581	116,349
Other monetary assets Income tax recoverable Supplier refunds receivable			3,367 2,868		381	3,748 2,868	3,456 2,040
			6,235		381	6,616	5,496
Liablgties Supplier invoices payable Retentions on building works Accrued utilities charges Vicar and staff expenses payable			23 279 475		20	23 279 495	737 3,744 768 204
			777		20	797	5,453
						2020	2019
						f
Charitable trusts at market value Mary Burder churchyard fund Nolan lych gate fund						12,784 2,540 423	11,935 2,372 397
Chancel repair fund
						15,747	14,704

Gross	income	from trading
			Unrestricted	Unrestricted
			general	designated	Restricted	Total	Total
			fund	funds 9	fundsf	2020	2019f
Parish	magazine	sales and advertising	2,306			2,306	3,010
Parish	weekend						1,655
Income	from letting of buildings		62			62
Tutshig	Toddlers	group			261	261	1,231
			2,366		261	2,629	6,096

Other in	come
		Unrestricted	Unrestricted
		general	designated	Restricted	Total	Total
		fund 2	fundsf	fundsf	2020 2	2019f
Wayleave		118			118	118
Insurance	claim	1,850			1,850
Other						47
		1,968			1,968	165

Staff costs
						2020	2019
						2	2
Wages and	salaries					26,577	25,952
Employer's	contribution	to defined	contribution		pension scheme	1,401	1,394
						27,976	27,346
						2020	2019
The average	number of	employees	during	the	year was:
Part-time

					Unrestricted	Unrestricted
					general	designated	Restricted	Total	Total
					fund	funds	funds	2020	2019
					E	E	E	E	E
Youth, children			and families ministry				1,650	1,650	2,617
Discipleship					31			31	54
Outreach					8			98	842
Other expenses					231			231	201
					270		1,740	2,010	3,714
Church	running			expenses
					Unrestricted	Unrestricted
					general fund	designated funds	Restricted funds	Total 2020	Total 2019
					E	E	r.	E	r.
Insurance					3,931			3,931	3,854
Church	maintenance				770	580		1,350	753
Furniture							418	418	14,030
Audio-visual		equipment			851			851	6,356
Upkeep	of services				1,838		354	2,192	4,400
Upkeep	ofchurchyards				1,716			1,716	1,865
Other church			running	expenses	1,941			1,941	2,257
					11,047	580	772	12,399	33,515
Church	utility		bills		4,999			4,999	5,357
					16,046	580	772	17,398	38,872

Cost	oftrading
		Unrestricted	Unrestricted
		general	designated	Restricted	Total	Total
		fund	funds	funds	2020	2019
		E		E	r.
Parish	magazine	249			249	1,233
Parish	weekend					5,480
		249			249	6,713

The movements in fund	s du	ri	ng the ye	ar were as foll	ows.
				Balance at	Receipts			Balance at 31
				1 January		Payments	Transfers	December
				E		E	E	E
Unrestricted general fund				35,046	86,698	(92,143)		29,600
Unrestricted funds designated		to:
Buildings maintenance	and
development				3,335	3,156	(4,165)		2,326
				3,335	3,156	(4,165)		2,326
Restricted funds
Buildings maintenance	and
development				3,463	1,094	(1,148)		3,409
Youth, children &families
restricted fund				41,955	42,845	(27,590)		57,210
Tutshill church reordering
restricted fund				18,474	10,168	(4,474)		24,168
Tutshig toddlers group				1,362	261	(498)		1,125
Sedbury toddlers group				502	261	(402)		361
The Well				1,231		(90)		1,141
Funds donated for the following
purposes:
Notice boards (2014)				274				274
Tutshig churchyard	bench		(2016)	552				552
Tidenham church developments				465				561
Funds arising from closure of			charitable
trusts:
Vicar's discretionary	fund			1,081		(300)		781
Tidenham graves				1,846				1,846
Tutshig graves				380				380
Funds derived from charitable			trusts:
Mary Burder churchyard			fund	687	358			1,045
Nolan lych gate fund				384	71			455
Chancel repair fund				59	12			71
				72,715	55,166	(34,502)		93,379
Vicar and werdens' charitable			trusts
administered by the PCC				5,254	22			5,276
Total restricted funds				7?,969	66,188	(34,502)		98,655
Total funds				116,349	145,042	(130,810)		130,581