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





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|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<br>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<br>in 2018, elected<br>at|Secretary||
|||APCM 11October 2020)|||
||Mrs Nicki Bullivant|(until APCM 11 October 2020)|Deanery|synod representative|
||Mrs Margaret<br>Coombs|(until APCM 11 October 2020)|Deanery|synod representative|
||Dr Emma<br>Phillips||Deanery|synod representative|
||Prof Brian Duerden CBE|(until APCM 11 October 2020)|||
||Ms Marilyn<br>Henderson||||
||Mr Peter Jones||||
||Mr Colin Lee|(resigned 25 March 2020)|||
||Mr Roger Martin|(until APCM 11 October 2020)|||
||Mr Andrew<br>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<br>Wynn|(from APCM 11 October 2020)|||
|Co-opted:|Mr John-Ross<br>Henderson|(from APCM 11 October 2020)|||
||Mrs Molly Mayo|(from APCM 11 October 2020)|Deanery|synod representative|





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





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





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|Gross|income|from trading||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Unrestricted||||
||||general|designated|Restricted|Total|Total|
||||fund|funds<br>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|





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



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|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||||||||





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||||||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<br>fund|designated<br>funds|Restricted<br>funds|Total<br>2020|Total<br>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|



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|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|





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|The movements<br>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<br>general fund||||35,046|86,698|(92,143)||29,600|
|Unrestricted<br>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<br>maintenance|and||||||||
|development||||3,463|1,094|(1,148)||3,409|
|Youth, children<br>&families|||||||||
|restricted<br>fund||||41,955|42,845|(27,590)||57,210|
|Tutshill church<br>reordering|||||||||
|restricted<br>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<br>for the following|||||||||
|purposes:|||||||||
|Notice boards (2014)||||274||||274|
|Tutshig churchyard|bench||(2016)|552||||552|
|Tidenham<br>church developments||||465||||561|
|Funds arising from closure of|||charitable||||||
|trusts:|||||||||
|Vicar's discretionary|fund|||1,081||(300)||781|
|Tidenham<br>graves||||1,846||||1,846|
|Tutshig graves||||380||||380|
|Funds derived<br>from charitable|||trusts:||||||
|Mary Burder churchyard|||fund|687|358|||1,045|
|Nolan<br>lych gate fund||||384|71|||455|
|Chancel repair fund||||59|12|||71|
|||||72,715|55,166|(34,502)||93,379|
|Vicar and werdens'<br>charitable|||trusts||||||
|administered<br>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|





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