**REGISTERED CHARITY NUMBER: 1159466**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020**
## **FOR**
## **WEST HAM ALL SAINTS PCC**
Brindley Millen Ltd 167 Turners Hill
Cheshunt Hertfordshire EN8 9BH
**WEST HAM ALL SAINTS PCC**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 December 2020**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|4|
|**Independent Examiner's Report**||5||
|**Statement of Financial Activities**||6||
|**Balance Sheet**||7||
|**Notes to the Financial Statements**|8|to|15|
|**Detailed Statement of Financial Activities**|16|to|17|
**WEST HAM ALL SAINTS PCC**
**REPORT OF THE TRUSTEES for the Year Ended 31 December 2020**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Aims and Purposes**
To promote in the parish and deanery the mission of the Church: to advance the Kingdom of God, to introduce people to Jesus and to pursue pastoral, evangelistic, educational and social ends.
## **Objectives**
In this new period of ministry under the leadership of Rev. Al Gordon and Rev. Simon Nicholls, as part of the SAINT Church of parishes, All Saints, West Ham continue in our commitment to bring HOPE to the people of East London, specifically in the Parish of West Ham. We aim to grow the church community, in order to serve the local community, to the glory of God in the whole of East London.
This new season will look different to previous iterations of ASWH, as we launch new initiatives, welcome in new people and pursue an ambitious vision.
## **Public benefit**
The Trustees confirm they have complied with the Charity Commission's General guidelines on public benefit; Public benefit arises principally in the Parish of West Ham Church of All Saints, and its neighbourhood, and further afield, by the provision of Public Worship Services , Worship space, and charitable events open to all, as an expression of the Christian faith.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
## **Worship and Prayer**
Our pattern of worship is as follows: 11am Parish Eucharist on Sundays.
Our average Sunday attendance has been difficult to determine, given the global pandemic and the closure of the church buildings for a significant proportion of the last year. However, reopening the church on the 14th March 2021 has allowed us to once again gather in real life and to begin to see the church begin to stabilise again.
Morning Prayer meetings on Tuesdays and Thursdays, currently online as part of SAINT.
Baptisms will be held once a term, as necessary.
Sunday worship is further enriched by the dedication of musicians, readers and choristers throughout the Covid pandemic. As the restrictions lift further, we will gradually reintroduce servers, intercessors, and Eucharistic assistants. We are grateful to all those who have served faithfully and bravely during this challenging period.
## **Our Building**
The Avenons extension is continuing to provide additional space predominantly for our own use as a much-valued resource. We will pursue the external rental of this space in order to increase the parish income, as restrictions lift throughout 2021. This will also be used weekly for an active children's work area.
We continue to implement and action the 2016 quinquennial report recommendations and are grateful to our site manager who is responsible for various jobs in the church. 2021 will provide a new opportunity to review the building in detail and to see what works are required.
There will be many items that are required, and which are urgent. These will be reviewed by the PCC once the 2021 quinquennial report has been done.
In light of the mandate from the Church of England, and funding towards a 5-year strategic plan for growth, there will almost certainly be a need to develop and upgrade some areas of the building.
Page 1
**WEST HAM ALL SAINTS PCC**
**REPORT OF THE TRUSTEES for the Year Ended 31 December 2020**
## **Everyone Belongs, Everyone Prays, Everyone Gives, Everyone Serves**
Everyone belongs: Vital to the life of ASWH are the people. In fact, the church is only its people. The building is there to help facilitate relationships, a gathering point for people and a space in which to worship together. Right at the heart of ASWH are relationships - and whoever comes in to the building will be welcomed into the family.
Everyone Prays: At the heart of a move of God is the prayer life of the people in the area, so key to the 'success' of any new initiatives will be the prayer that surrounds it. It is going to take all of us together; everyone prays.
Everyone Gives: Finances are expanded upon in more detail below, but to see this ambitious vision come to fruition it will also take growth in the congregation and all of us, together, learning generosity; everyone gives.
Everyone Serves: It is important that all who worship with us should look to see where and how they may be involved in the life of this family. But this is more than just filling a gap, it is about ensuring that all of us find our place in the family, serving open heartedly and giving ourselves away to one another. Within the large crew who serve so faithfully, we are fortunate to have a very dedicated PCC and a committed set of Church Wardens who deserve our thanks.
## **Children, families and young people**
During the pandemic, the numbers of children and young people have dwindled and so this area of ministry needs to be rebuilt; this is right at the forefront of our hopes and prayers. Children and young people are vital to the life of the church now and in the future. We will look to grow the crews that serve them, as well as look to build into many areas where we can love and serve young people.
One key area of growth so far is within the relationship to the school. There are weekly assemblies held, currently online, by the team from ASWH and the relationship to the school will continue to grow and deepen. One aim is towards hosting a weekly worship service for the whole school.
As part of the SDF funding (detailed below) we have been given the means to employ a part time 'children and families worker' who will dedicate themselves to growing this part of the family.
## **Lighthouse**
Launched in November 2020, ASWH has been resourced by SAINT to open a foodbank. Lighthouse operates across East London, on five locations, serving thousands of people. In the last year, we have fed 300,000 people.
## **Thanksgiving**
We give thanks to God for the many blessings we receive. We are grateful for all the support from the church family at All Saints, and from all in the wider parish, deanery, and diocese.
## **FINANCIAL REVIEW**
## **Financial position**
We are continually grateful for all the financial support we receive. It is encouraging that our church family members continue to give generously of their time and money. We are also very grateful to Wayne Johnson, who has served so faithfully as treasurer for such a long time, and has passed on his detailed work so diligently to our new Treasurer.
A comprehensive set of accounts is attached.
As a direct result of the closure of the church buildings, for almost six months out of the twelve of 2020, we have recorded large falls in income from offertory plates and space lettings, but also some reduction in operating expenses.
West Ham continued to enjoy support in the form of online donations and grant income; Investment values held up well, showing a small improvement by the 31st December.
Additionally, ASWH has been awarded £300,000 from the Church Commissioners as part of the wider Church of England's Strategic Development Funding to grow the work here in Newham.
The year closed with the Final Net Assets standing at £210,886
## **Reserves policy**
The PCC reviews its reserves on an ongoing basis; immediate cash is held to cover at least one month of expected running costs: Any balance in excess of this will at the PCC's discretion be applied to future maintenance.
Page 2
**WEST HAM ALL SAINTS PCC**
**for the Year Ended 31 December 2020**
## **REPORT OF THE TRUSTEES**
## **FUTURE PLANS**
There are a variety of plans to be considered, but there have been significant developments in moving forward with the plan to partner with a group of churches in order to be resourced to grow the work in West Ham. Launched on Sunday 25th April, we are officially SAINT - a Church of Parishes, operating across East London to bring Hope.
In West Ham this has a variety of potential avenues:
- Growing the 11am traditional service, including kids work - Launching Alpha - Children and youth work - Launching new services, in different styles to reach different people groups - Partnering with local schools - Growing Lighthouse
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Induction and training of new trustees**
Trustees are elected at the Annual General Meeting, each individual being subject to vote as prescribed by Church Representation rules. All Trustees are made aware of their individual and collective responsibilities as PCC members and Charity Trustees, open discussion supplementing Church of England and Charity Commission guidelines
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1159466
## **Principal address**
West Ham Parish Church of All Saints Church Street London E15 3HU
## **Trustees**
Revd A Gordon Rector (appointed 18.10.20) Revd S Nicholls Associate Priest (appointed 18.10.20) Ms J Driver Treasurer (appointed 18.10.20) Mrs P Ohuruogu Warden Mrs Z Sandy Warden Mr M Serwadda Warden Mrs E Rayner Deanery Synod Rep (appointed 18.10.20) Mrs L Malcolm Deanery Synod Rep Mr J Famuyiwa Mrs R Umesi Mrs S Cave Secretary Ms K Humphrey Ms J Hazeley Ms S Raine Lay Chair Mr R Reid Deputy Lay Chair Mrs M Amankwa-Dei (resigned 18.10.20) Mr W Johnson (resigned 18.10.20) Revd A Summers (resigned 30.8.20) Mr B Williams (deceased 11.9.20)
## **Independent Examiner**
Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH
Page 3
**WEST HAM ALL SAINTS PCC**
## **REPORT OF THE TRUSTEES for the Year Ended 31 December 2020**
Approved by order of the board of trustees on ............................................. and signed on its behalf by: Jun 24, 2021
..............................................................................Simon R Nicholls (Jun 24, 2021 13:43 GMT+1) Trustee
Page 4
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WEST HAM ALL SAINTS PCC**
## **Independent examiner's report to the trustees of West Ham All Saints PCC**
I report to the charity trustees on my examination of the accounts of West Ham All Saints PCC (the Trust) for the year ended 31 December 2020.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## mwbrindley
mwbrindley (Jun 25, 2021 11:24 GMT+1)
Maurice William Brindley BSc FCA Institute of Chartered Accountants in England & Wales Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH
Jun 25, 2021 Date: .............................................
Page 5
**WEST HAM ALL SAINTS PCC**
## **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2020**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS**
**FROM**
Donations and legacies
59,778
**Charitable activities**
3
Charitable Activities
5,412
Investment income
2
52
**Total**
65,242
**EXPENDITURE ON**
**Charitable activities**
Charitable Activities
68,635
Net gains/(losses) on investments
(1,076)
**NET**
**INCOME/(EXPENDITURE)**
(4,469)
**Transfers between funds**
12
963
**Net movement in funds**
(3,506)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
26,283
**TOTAL FUNDS CARRIED**
**FORWARD**
22,777|31.12.20
31.12.19
Restricted
Endowment
Total
Total
funds
funds
funds
funds
£
£
£
£
-
-
59,778
59,459
-
-
5,412
27,824
-
3,417
3,469
3,608
-
3,417
68,659
90,891
35
-
68,670
92,300
-
6,818
5,742
16,014
(35)
10,235
5,731
14,605
(1,131)
168
-
-
(1,166)
10,403
5,731
14,605
1,166
177,706
205,155
190,550
-
188,109
210,886
205,155|31.12.20
31.12.19
Restricted
Endowment
Total
Total
funds
funds
funds
funds
£
£
£
£
-
-
59,778
59,459
-
-
5,412
27,824
-
3,417
3,469
3,608
-
3,417
68,659
90,891
35
-
68,670
92,300
-
6,818
5,742
16,014
(35)
10,235
5,731
14,605
(1,131)
168
-
-
(1,166)
10,403
5,731
14,605
1,166
177,706
205,155
190,550
-
188,109
210,886
205,155|
|---|---|---|
|||90,891
92,300
16,014|
|||14,605
-|
|||14,605
190,550|
|||205,155|
The notes form part of these financial statements
Page 6
**WEST HAM ALL SAINTS PCC**
## **BALANCE SHEET**
## **31 December 2020**
|Unrestricted
funds
Notes
£
**CURRENT ASSETS**
Debtors
8
-
Investments
9
-
Cash at bank and in hand
28,064
28,064
**CREDITORS**
Amounts falling due within one year
10
(5,287)
**NET CURRENT ASSETS**
22,777
**TOTAL ASSETS LESS**
**CURRENT LIABILITIES**
22,777
**NET ASSETS**
22,777
**FUNDS**
12
Unrestricted funds
Restricted funds
Endowment funds
**TOTAL FUNDS**|31.12.20
31.12.19
Restricted
Endowment
Total
Total
funds
funds
funds
funds
£
£
£
£
-
-
-
4,599
-
112,023
112,023
104,974
-
76,086
104,150
100,581
-
188,109
216,173
210,154
-
-
(5,287)
(4,999)
-
188,109
210,886
205,155
-
188,109
210,886
205,155
-
188,109
210,886
205,155
22,777
26,283
-
1,166
188,109
177,706
210,886
205,155|
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on .............................................Jun 24, 2021 and were signed on its behalf by:
Simon R Nicholls (Jun 24, 2021 13:43 GMT+1) ............................................. Trustee
The notes form part of these financial statements
Page 7
**WEST HAM ALL SAINTS PCC**
**NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 December 2020**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements and assessment of going concern**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
## **Critical accounting judgements and key sources of estimation uncertainty**
No significant judgements have been made during the course of preparing these financial statements. There are no sources of estimation uncertainty.
## **Incoming resources**
## **Voluntary income and capital sources**
Collections are recognised when received by or on behalf of the PCC.
Planned giving receivable under Gift Aid is recognised only when received.
Income tax recoverable on Gift Aid donations is recognised when the gift is received.
Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain.
Funds raised by the fete, bazaar and similar events are accounted for gross.
## **Other ordinary income**
Rental income from the letting of church premises is recognised when the rental is due.
## **Income from investments**
Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognised in the same accounting year.
## **Gains and losses on investments**
Realised gains or losses are recognised when investments are sold.
Unrealised gains or losses are accounted for on revaluation of investments at 31 December.
## **Resources used**
## **Grants**
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.
## **Fixed assets**
## **Consecrated land and buildings and movable church furnishings**
Consecrated and beneficed property is excluded from the accounts in accordance with Charities Act 2011.
Movable church furnishings held by the Rector and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church’s Inventory, which may be inspected at any reasonable time. For inalienable property acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the accounts.
All expenditure incurred in the year on consecrated or beneficed buildings, individual items for the repair of moveable church furnishings is written off.
## **Other fixtures, fittings and office equipment**
Individual items of equipment are written off when the asset is acquired.
## **Investments**
Investments are valued at market value at 31 December.
continued...
Page 8
**WEST HAM ALL SAINTS PCC**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
## **1. ACCOUNTING POLICIES - continued**
## **Current assets**
Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable.
Short-term deposits include cash held on deposit with the Central Board of Finance of the Church of England, the Chelmsford Diocesan Board of Finance and COIF Charity Funds.
## **Creditors**
Creditors are recognised where the charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.
## **Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially settled at transaction value and subsequently measured at their settlement value.
## **Fund accounting**
General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application to the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.
The accounts 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 main affiliation to another body nor those that are informal gatherings of church members.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. INVESTMENT INCOME**
## **3.**
|Unrestricted
funds
£
Deposit account interest
52
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Church hall lettings etc
Charitable Activities
PCC Fees & Weddings
Charitable Activities|31.12.20
Restricted
Endowment
Total
funds
funds
funds
£
£
£
-
3,417
3,469
31.12.20
£
4,568
844
5,412|31.12.19
Total
funds
£
3,608|31.12.19
Total
funds
£
3,608|
|---|---|---|---|
|||31.12.19
£
23,598
4,226
27,824||
||||27,824|
continued...
Page 9
**WEST HAM ALL SAINTS PCC**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
## **4. SUPPORT COSTS**
|**SUPPORT COSTS**||||
|---|---|---|---|
|||Governance||
||Finance|costs|Totals|
||£|£|£|
|Charitable Activities|497|2,376|2,873|
Support costs are apportioned to activities in proportion to the estimated proportion of time spent on those activities, apart from auditors remuneration which is allocated 100% to charitable activities.
Support costs, included in the above, are as follows:
||31.12.20|31.12.19|
|---|---|---|
||Charitable|Total|
||Activities|activities|
||£|£|
|Bank charges|497|555|
|Independent examination fee|2,376|2,334|
||2,873|2,889|
## **5.**
## **TRUSTEES' REMUNERATION AND BENEFITS**
There were no payments to PCC members for remuneration during the year.
## **Trustees' expenses**
There were no payments to PCC members for expenses during the year.
## **6. STAFF COSTS**
## **7.**
|**STAFF COSTS**||||||
|---|---|---|---|---|---|
||||31.12.20||31.12.19|
||||£||£|
|Wages and salaries|||11,820||13,185|
|Other pension costs|||28||34|
||||11,848||13,219|
|The average monthly number of employees during the year|was as follows:|||||
||||31.12.20||31.12.19|
|All staff|||1||1|
|No employees received emoluments in excess of £60,000.||||||
|**COMPARATIVES FOR THE 2019 STATEMENT OF**|**FINANCIAL ACTIVITIES**|||||
||Unrestricted|Restricted|Endowment||Total|
||funds|funds|funds||funds|
||£|£|£||£|
|**INCOME AND ENDOWMENTS FROM**||||||
|Donations and legacies|59,234|225||-|59,459|
|**Charitable activities**||||||
|Charitable Activities|27,824|-||-|27,824|
|Investment income|294|-|3,314||3,608|
|**Total**|87,352|225|3,314||90,891|
|**EXPENDITURE ON**||||||
|**Charitable activities**||||||
|Charitable Activities|92,104|196||-|92,300|
continued...
Page 10
**WEST HAM ALL SAINTS PCC**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
|**7.**
**COMPARATIVES FOR THE 2019 STATEMENT OF FINANCIAL ACTIVITIES -**
Unrestricted
Restricted
funds
funds
£
£
Net gains on investments
-
-
**NET INCOME/(EXPENDITURE)**
(4,752)
29
**Transfers between funds**
185
(200)
**Net movement in funds**
(4,567)
(171)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
30,850
1,337
**TOTAL FUNDS CARRIED FORWARD**
26,283
1,166
**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
**9.**
**CURRENT ASSET INVESTMENTS**
CCLA
**10.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
**11.**
**LEASING AGREEMENTS**
Minimum lease payments under non-cancellable operating leases fall due as follows:
Within one year
Between one and five years|**continued**
Endowment
Total
funds
funds
£
£
16,014
16,014
19,328
14,605
15
-
19,343
14,605
158,363
190,550
177,706
205,155
31.12.20
31.12.19
£
£
-
4,599
31.12.20
31.12.19
£
£
112,023
104,974
31.12.20
31.12.19
£
£
5,287
4,999
31.12.20
31.12.19
£
£
1,204
1,204
2,108
3,312
3,312
4,516|Total
funds
£
16,014|
|---|---|---|
|||14,605
-|
|||14,605
190,550|
|||205,155|
continued...
Page 11
**WEST HAM ALL SAINTS PCC**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
## **12. MOVEMENT IN FUNDS**
|Net
movement
At 1.1.20
in funds
£
£
**Unrestricted funds**
General fund
9,511
(4,469)
Maintenance Fund
16,772
-
26,283
(4,469)
**Restricted funds**
Mission Fund
1,166
(35)
**Endowment funds**
Tithe Chancel Fund
7,553
761
Sunday School
1,947
4
Thornycroft Funds
73,877
4,157
Withers Aged Fund
26,681
1,489
Dacres Pension Fund
50,618
2,824
Cooper Fund
516
29
Oakley relief
1,366
-
Battaiheys Education
2,066
114
Battaiheys for Sermons
775
43
Battaiheys Vault in Church
516
29
Guerneys Clock
10,271
574
WH Charity Trustees
1,520
211
177,706
10,235
**TOTAL FUNDS**
205,155
5,731
Net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
65,242
(68,635)
**Restricted funds**
Mission Fund
-
(35)
**Endowment funds**
Tithe Chancel Fund
228
-
Sunday School
4
-
Thornycroft Funds
1,322
-
Withers Aged Fund
482
-
Dacres Pension Fund
914
-
Cooper Fund
9
-
Battaiheys Education
37
-
Battaiheys for Sermons
14
-
Battaiheys Vault in Church
9
-
Guerneys Clock
187
-
WH Charity Trustees
211
-
3,417
-
**TOTAL FUNDS**
68,659
(68,670)|Transfers
between
At
funds
31.12.20
£
£
963
6,005
-
16,772
963
22,777
(1,131)
-
-
8,314
-
1,951
-
78,034
-
28,170
-
53,442
-
545
-
1,366
-
2,180
-
818
-
545
-
10,845
168
1,899
168
188,109
-
210,886
Gains and
Movement
losses
in funds
£
£
(1,076)
(4,469)
-
(35)
533
761
-
4
2,835
4,157
1,007
1,489
1,910
2,824
20
29
77
114
29
43
20
29
387
574
-
211
6,818
10,235
5,742
5,731|
|---|---|
continued...
Page 12
**WEST HAM ALL SAINTS PCC**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
## **12. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|Net
movement
At 1.1.19
in funds
£
£
**Unrestricted funds**
General fund
14,078
(4,752)
Maintenance Fund
16,772
-
30,850
(4,752)
**Restricted funds**
Mission Fund
1,337
29
**Endowment funds**
Tithe Chancel Fund
6,171
1,382
Sunday School
1,938
9
Thornycroft Funds
65,541
7,042
Withers Aged Fund
24,199
2,009
Dacres Pension Fund
45,192
4,530
Cooper Fund
461
46
Oakley relief
1,366
-
Battaiheys Education
1,844
186
Battaiheys for Sermons
691
70
Battaiheys Vault in Church
461
46
Guerneys Clock
9,169
920
WH Charity Trustees
1,330
3,088
158,363
19,328
**TOTAL FUNDS**
190,550
14,605
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
87,352
(92,104)
**Restricted funds**
Mission Fund
225
(196)
**Endowment funds**
Tithe Chancel Fund
216
-
Sunday School
9
-
Thornycroft Funds
-
-
Withers Aged Fund
-
-
Dacres Pension Fund
-
-
Cooper Fund
-
-
Battaiheys Education
1
-
Battaiheys for Sermons
-
-
Battaiheys Vault in Church
-
-
Guerneys Clock
-
-
WH Charity Trustees
3,088
-
3,314
-
**TOTAL FUNDS**
90,891
(92,300)|Transfers
between
At
funds
31.12.19
£
£
185
9,511
-
16,772
185
26,283
(200)
1,166
-
7,553
-
1,947
1,294
73,877
473
26,681
896
50,618
9
516
-
1,366
36
2,066
14
775
9
516
182
10,271
(2,898)
1,520
15
177,706
-
205,155
Gains and
Movement
losses
in funds
£
£
-
(4,752)
-
29
1,166
1,382
-
9
7,042
7,042
2,009
2,009
4,530
4,530
46
46
185
186
70
70
46
46
920
920
-
3,088
16,014
19,328
16,014
14,605|
|---|---|
continued...
Page 13
**WEST HAM ALL SAINTS PCC**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
## **12. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Maintenance Fund
**Restricted funds**
Mission Fund
**Endowment funds**
Tithe Chancel Fund
Sunday School
Thornycroft Funds
Withers Aged Fund
Dacres Pension Fund
Cooper Fund
Oakley relief
Battaiheys Education
Battaiheys for Sermons
Battaiheys Vault in Church
Guerneys Clock
WH Charity Trustees
**TOTAL FUNDS**|Net
movement
At 1.1.19
in funds
£
£
14,078
(9,221)
16,772
-
30,850
(9,221)
1,337
(6)
6,171
2,143
1,938
13
65,541
11,199
24,199
3,498
45,192
7,354
461
75
1,366
-
1,844
300
691
113
461
75
9,169
1,494
1,330
3,299
158,363
29,563
190,550
20,336|Transfers
between
At
funds
31.12.20
£
£
1,148
6,005
-
16,772
1,148
22,777
(1,331)
-
-
8,314
-
1,951
1,294
78,034
473
28,170
896
53,442
9
545
-
1,366
36
2,180
14
818
9
545
182
10,845
(2,730)
1,899
183
188,109
-
210,886|Transfers
between
At
funds
31.12.20
£
£
1,148
6,005
-
16,772
1,148
22,777
(1,331)
-
-
8,314
-
1,951
1,294
78,034
473
28,170
896
53,442
9
545
-
1,366
36
2,180
14
818
9
545
182
10,845
(2,730)
1,899
183
188,109
-
210,886|
|---|---|---|---|
||||22,777
-
8,314
1,951
78,034
28,170
53,442
545
1,366
2,180
818
545
10,845
1,899|
||||188,109|
||||210,886|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|
||resources|expended|losses|in funds|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|152,594|(160,739)|(1,076)|(9,221)|
|**Restricted funds**|||||
|Mission Fund|225|(231)|-|(6)|
|**Endowment funds**|||||
|Tithe Chancel Fund|444|-|1,699|2,143|
|Sunday School|13|-|-|13|
|Thornycroft Funds|1,322|-|9,877|11,199|
|Withers Aged Fund|482|-|3,016|3,498|
|Dacres Pension Fund|914|-|6,440|7,354|
|Cooper Fund|9|-|66|75|
|Battaiheys Education|38|-|262|300|
|Battaiheys for Sermons|14|-|99|113|
|Battaiheys Vault in Church|9|-|66|75|
|Guerneys Clock|187|-|1,307|1,494|
|WH Charity Trustees|3,299|-|-|3,299|
||6,731|-|22,832|29,563|
|**TOTAL FUNDS**|159,550|(160,970)|21,756|20,336|
continued...
Page 14
**WEST HAM ALL SAINTS PCC**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020**
## **12. MOVEMENT IN FUNDS - continued**
## **Details of Endowment Funds**
The Endowment funds are all declared at values including Capital and Interest, the account WH Charity trustees being accumulated interest only. These Historical endowments have capital which must be maintained although income from them may be used in consideration of the terms of the original Endowment; Although not accessed in recent years, The PCC will review these funds over time, in line with its Ecclesiastic And Charitable purposes.
## **Details of Restricted Funds**
The Mission Fund is to be used for UK or International Mission as prescribed with the original donation.
## **Transfers between funds**
During the year there has been a £168 transfer from the Unrestricted Funds to Endowment Funds. This is due to incorrectly allocated interest received in the comparative period.
## **13. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2020.
Page 15