| Those who served | from 1stJanuary | 2020 until |
|---|---|---|
| Rev Sarah Hayes | ||
| Blessing Jegede (reader rep) | ||
| Margaret Strong (secretary) | ||
| Monica Harris | to 18/10 | |
| Anthony Button |
to 18/10 | |
| Geraldine Hughes |
to 18/10 | |
| Heather Cooke | to 18H0 | |
| Heather Griffiths |
||
| Sister Jannafer | ||
| Jonathan Miles (treasurer) |
||
| Rajiv Garg | ||
| Bridget Hathawsy | (deanery synod) | |
| John Hopkins (warden) |
||
| Dr David Child (deanery synod) | ||
| Dr Ruth Arrand | ||
| Comforter Zibwowa | ||
| Richard Eaton (warden) | ||
| Heather Bassley | from 18/10 | |
| Brenda Oke8o | from 18/10 | |
| Dr Lloyd Edwards | from 18/10 | |
| Ruth Miller (deanery synod) | from 18/10 | |
| Anjsni Contractor | from 18/10 | |
| Libby Golding | from 18/10 | |
| Linda Gsrmain | from 18/10 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| 8 | 6 | |||||
| FIXEDASSETS | Note | |||||
| Tangible fixed assets Investment assets |
5a 5b |
0.00 53,325.59 |
0.00 49,957.45 |
|||
| CURRENT ASSETS | ||||||
| Debtors | 7 | 11,654.76 | 32,958.31 | |||
| Short term | deposits Diocese |
- CBF re decoration |
36,018.01 93.91 |
36,016.99 93.91 |
||
| Cash at bank and in | hand | 9 | 509,384.22 | 223,489.81 | ||
| TOTAL CURRENT ASSETS | 557,150.90 | 292,559.02 | ||||
| LIABILITIES:AMOUNTS | FALLING | 8 | 1,645.00 | 1,145.00 | ||
| DUE WITHIN ONE YEAR | ||||||
| TOTAL NET ASSETS | 608,831.49 | 341,371.47 | ||||
| FUNDS Restricted |
6a | 209,139,71 | 87,112.94 | |||
| Unrestricted | - | designated | 6b | 135,35710 | 25,664.75 | |
| Unrestricted | 6c | 264,334.68 | 228,593.78 | |||
| TOTAL FUNDS | 608,831.49 | 341.37 . |
| Statement ofFinancial Activities for the | Statement ofFinancial Activities for the | year ended 31 December 2020 | year ended 31 December 2020 | year ended 31 December 2020 | ||
|---|---|---|---|---|---|---|
| Note | Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | 2020 | 2019 | |||
| Income from | f | 2 | 5 | 8 | ||
| Donations and Legacies |
||||||
| Voluntary income |
2a | 81,567.97 | 62,931.95 | 144,499.92 | 123,805.05 | |
| Other voluntary incoming |
resources | 2b | 159,431.10 | 36,939.32 | 196,370.42 | 215,350.47 |
| Charitable activities |
2c | 6,852.16 | 0.00 | 6,852.16 | 6,898.17 | |
| Investments | 2d | 173,425.06 | 0.00 | 173,425.06 | 1,770.22 | |
| Total incoming resources | 421276.29 | 99871.27 | 521 147.56 | 347,823.91 | ||
| Expenditure on |
||||||
| Charitable activities directly |
relating Icthe | |||||
| work ofths church | 3a | 157,139.85 | 0.00 | 157,139.85 | 148,457.87 | |
| Raising funds | 3b | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other | ||||||
| Governance costs |
3c | 8,725.33 | 28,051.28 | 36,776.61 | 36,589.62 | |
| Grants | 3d | 2,000.00 | 61,139.22 | 63,139.22 | 16,140.89 | |
| Total outgoing resources | 187885.18 | 89190.50 | 257 055.68 | 203188.38 | ||
| Net gains/(losses) on Investments |
||||||
| -realised | 0.00 | 0.00 | 0.00 | 0.00 | ||
| -unrealised | 5b | 3,368.14 | 0.00 | 3,368.14 | 7,148.40 | |
| Net Income/(Expenditure) | 258,779.25 | 10,680.77 | 267,460.02 | 151,783.93 | ||
| Transfers between funds |
6d | -111,346.00 | 111,346.00 | 0.00 | 0.00 | |
| Net Movement in funds |
145,433.25 | 122,026.77 | 267,460.02 | 151,783.93 | ||
| Balances brought forward | at | |||||
| 1 January 2020 | 254,258.53 | 87,112.94 | 341 371.47 | 189,587.54 | ||
| Balances carried forward at | ||||||
| 31 December 2020 | 399691.78 | 209139.71 | 808831.49 | 341,371.47 |
| Note 1Accounting policies |
|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| The financial ststemenls have been prepared In accordance with Ihe Church Accounting |
regulations | 2006 | |||||||||||
| together with applicable accounting standards end Ihe Chari6es SORP. |
|||||||||||||
| The financial statemenls have been prepared under Ihe historic cost convention |
except | for the | valuation | of | |||||||||
| investment assets, which are shown at market value. |
|||||||||||||
| Fiiriils | |||||||||||||
| General funds represent the funds ofIhe PCC which are not subject to any restrictions | regarding their use |
and | |||||||||||
| are available for applicabon on Ihe general purposes ofthe the PCC sre also unrestricted. |
PCC. Funds | designated for |
a | particular | purpose | by | |||||||
| The accounts include sfi trsnsscfions, assets snd liabilities |
for which the | PCC is responsible | in | lsw. | They | do | |||||||
| not induce Ihe accounts ofchurch groups which are informal gatherings |
ofchurch members. | ||||||||||||
| Income from | |||||||||||||
| Voluntary income and capital sources | |||||||||||||
| Collections sre recognised when received by or on behalf cfthe PCC. |
|||||||||||||
| Income tax recoverable on gift sid donations is recognised |
when income | is retxtgnised. | |||||||||||
| Grants and legacies to the PCC are accounted for as soon | s the PCC is | notified ofits legal | enfifiement | and | |||||||||
| the amount due. | |||||||||||||
| Funds raised by fete, garden party and similar events are accounted for |
gross. | ||||||||||||
| Other ordinary income | |||||||||||||
| Rental income from the letgng ofchurch premises is recognised when Ihe rental is due. |
|||||||||||||
| income fiom invesiment | |||||||||||||
| Dividends and interest are accounted for when receivable. |
Tax recoverable on |
such income | is | recognised | in | ||||||||
| the same accounting year. | |||||||||||||
| Net gainer(losses) on invssimsnts |
|||||||||||||
| Realised gains snd losses are recognised when investments |
ere sold. | ||||||||||||
| Unrealised gains orlosses are accounted for on revaluation |
ofinvestments at 31 December. |
||||||||||||
| Expenditure on |
|||||||||||||
| Grsnis | |||||||||||||
| Grants and donations are accounted for when paid over, or |
when awarded, ifthat award |
creates a binding | |||||||||||
| obligabon on the PCC. |
|||||||||||||
| Adivnes direcffy re/sting fo the work ofthe church |
|||||||||||||
| The diocesan common fund is accounted for when payable. |
Any common | fund | unpaid | at 31 | December | is | |||||||
| provided for in these accounts as an operational (though not a legal) liability end is shown |
sss | creditor | in | the | |||||||||
| Balance Sheet. | |||||||||||||
| Fired Assets | |||||||||||||
| Consecrated lend snd building snd movsabls church furnishings |
|||||||||||||
| Consecrated end beneficial property is exduded from Ihe accounts by asg6(2)(s) ofthe |
Charities Act2011. | ||||||||||||
| No value is placed on moveable church furnishings held by |
the churchwsrdens | on special | trust | for the PCC | |||||||||
| end which they require a faculty for disposal, since the PCC | considers Ibis to be inalienable | properly. | Afi | ||||||||||
| expenditure incurred during the year on consecrated or benefice buildings |
snd moveable | church furnishings, | |||||||||||
| whether maintenance or improvement, is written offes expenditure in the |
SOFA and separately | disclosed. | |||||||||||
| Other fixtures, gangs and oigce eqvipmsni | |||||||||||||
| Equipment used within the church premises is depreciated on a straight line basis over |
4years. | Individual | |||||||||||
| items ofequipment with a purchase price of22,500or less ere wrifien off |
when | the asset is acquired. | |||||||||||
| lnvesbnents | |||||||||||||
| Investments ere valued at market value at31December. |
|||||||||||||
| Cunsntssseis | |||||||||||||
| Amounts owing to Ihe PCC at31 December in respect offees, rents or other are shown |
as debtors less | ||||||||||||
| provision for amounts that may prove unccfiectable. |
|||||||||||||
| Short term deposits include cash held on deposit either with |
the CBFChurch of | England | Funds | or at | Ihe | bank. | |||||||
| Page 6 |
| Notes | to the fina | ncial statements | for t | he year | ende | d 31D | ecember 2020 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Note | |||||||||||
| Income | from | ||||||||||
| Unrestricted | Restricted | Total | Total | ||||||||
| funds | funds | 2920 | 2019 | ||||||||
| 6 | 6 | 8 | |||||||||
| 2s | Voluntary | Income | |||||||||
| Planned grdrlg |
|||||||||||
| Donations | incl. gift | aid | 73,466.42 | 62,931.95 | 136,398.37 | 109,906.07 | |||||
| via an | agency | 6,900.00 | 0.00 | 6,900.00 | 7,630.00 | ||||||
| Plate collections | 1,201.55 | 0.00 | 1,201.55 | 6268.98 | |||||||
| 81,567.97 | 62,9$1.95 | 144,499.92 | 12$,805.05 | ||||||||
| Total Restricted incomeincludes:- |
2929 | 2019 | |||||||||
| Mission Giving | 9,722.30 | 5,050.00 | |||||||||
| Special Collections | 110.00 | O.OO | |||||||||
| Jubilee Fund | 6,676.OO | 10,545.33 | |||||||||
| Bu5ding Fund | 42 | 471.99 | O.OO | ||||||||
| ChsriilyDonations | 3,751.66 | 389.79 | |||||||||
| 62,9$1.95 | 18,085.f2 | ||||||||||
| 2b | Other voluntary incoming |
msources | |||||||||
| Sundry income | 2,976.75 | 0.00 | 2,976.75 | 1,602.13 | |||||||
| Grant re administrator | (St Martine) | 0.00 | 30,769.32 | 30,769.32 | 27,924.66 | ||||||
| AiTC &Grantham | Yorke Childrens | Work | 0.00 | 4,650.00 | 4,650.00 | 7,225.00 | |||||
| Community Outreach |
Missioner | 23,225.00 | 0.00 | 23,225.00 | 0.00 | ||||||
| Hall Refurbishment | 75,000.00 | 0.00 | 75,000.00 | 0.00 | |||||||
| CFW Grant | 0.00 | D.OO | 0.00 | 13,984.32 | |||||||
| Covid-19 Response Food Hub | 39,029.35 | 0.00 | 39,029.35 | 0.00 | |||||||
| Near Neighbours | Grant | 0.00 | 0.00 | 0.00 | 3,654.00 | ||||||
| Wellbeing | 19,200.00 | 0.00 | I920000 | 0.00 | |||||||
| Legacy | 0.00 | 0.00 | 0.00 | 139,564.96 | |||||||
| Building Fund |
0.00 | 10800.00 | 1080000 | 21 39540 | |||||||
| 159,4$1.10 | $6,9$9.32 | 196,370.42 | 215,359.47 | ||||||||
| 2c | Activities | for generating funds |
|||||||||
| Church hall lettings |
5,594.16 | 0.00 | 5,594.16 | 6,141.17 | |||||||
| Fees funerals/weddings | 1,258.00 | 0.00 | 1,258.00 | 407.00 | |||||||
| Stay &Play income | 0.00 | 0.00 | O.DO | 350.00 | |||||||
| 6,852.16 | 0.00 | 6,852.16 | 6,595.17 | ||||||||
| 2d | Income from Investments | ||||||||||
| Dividends and interest |
(including | ||||||||||
| reclaimable tax) |
1,800.59 | 0.00 | 1,600.59 | 1,770.22 | |||||||
| Gain ofsale of land | 171624.47 | 0.00 | 171624.47 | 0.00 | |||||||
| 173,425.06 | 9.00 | 17$,425.06 | 1,770.22 | ||||||||
| TOTAL INCOMING RESOURCES | 42'I 27IL29 | 99871.27 | 521147.58 | $4782$.91 |
| 01/91/2020 | Income | Expenditure | 31/12/2920 | |||||
|---|---|---|---|---|---|---|---|---|
| Opening f |
(Inc Tfrs) 6 |
(Inc Tfrs) | Closing f |
|||||
| 6a | Restricted | funds | ||||||
| Jubilee | 1,852.01 | 6,876.00 | 6,756.54 | 1,971.47 | ||||
| Mission -partners |
3,082.50 | 9,722.30 | 4,700.00 | 8,104.80 | ||||
| Charities | 4,487.03 | 3,861.66 | 4,000.00 | 4,348.69 | ||||
| Vicarage Decoration | Fund | 93.91 | 0.00 | 0.00 | 93.91 | |||
| Office Manager | 0.00 | 30,789.32 | 27,404.72 | 3,384.60 | ||||
| Near Neighboum | 3,654.00 | -3,654.00 | 0.00 | 0.00 | ||||
| AiTC and Grantham | Yorke CW | 7,575.00 | -4,650.00 | 646.56 | 2,278.44 | |||
| Building Fund |
66368.49 | 168271.99 | 45682.68 | 188957.80 | ||||
| Total restricted funds | 87,112.94 | 211,217.27 | 89,190.50 | 209,139.71 | ||||
| sb | Unrestricted | -designated | funds | |||||
| Stay 8 Play | 93.10 | 0.00 | 0.00 | 93.10 | ||||
| Church Fabric | 8,417.59 | 6,000.00 | 2.99 | 14,414.60 | ||||
| Hall Fabric | 15,401.03 | 3,000.00 | 13,200.00 | 5,201.03 | ||||
| Hall Refurbishment | 0.00 | 102,250.00 | 38,480.64 | 63,769.36 | ||||
| Burundi Appeal | 0.00 | 5,626.00 | 2,000.00 | 3,626.00 | ||||
| Covid-19 Response | Food Hub | 0.00 | 44,121.60 | 31,107.26 | 13,014.34 | |||
| Community Outreach |
Missioner | 0.00 | 23,225.00 | 4,246.51 | 18,978.49 | |||
| Wellbeing | 0.00 | 22,854.00 | 18,346.85 | 4,507.15 | ||||
| Organ | 1,753.03 | 10,000.00 | 0.00 | 11753.03 | ||||
| Total unrestricted designated |
funds | 25,664.75 | 217,076.60 | 107,384.25 | 135,357.10 |
| Community Outre Wellbeing Organ Total unrestricted designated |
ach Missio funds |
ach Missio funds |
ner 0.00 0.00 1,753.03 25,664.75 23,225.00 22,854.00 10,000.00 217,076.60 |
ner 0.00 0.00 1,753.03 25,664.75 23,225.00 22,854.00 10,000.00 217,076.60 |
ner 0.00 0.00 1,753.03 25,664.75 23,225.00 22,854.00 10,000.00 217,076.60 |
4,246.51 18,346.85 0.00 107,384.25 |
18,978.49 4,507.15 11753.03 135,357.10 |
|
|---|---|---|---|---|---|---|---|---|
| The above funds have been | 'earmarked' | by the PCC to provide resources to meet | future maintenance | |||||
| obligations or to facilitate the |
running | ofactivities. | ||||||
| 6c | Unrestricted -free funds |
|||||||
| Hudson bequest | (see note 5b) | 49,957.45 | 3,368.14 | 0.00 | 53,325.59 | |||
| General fund | 178,636.13 | 207853.89 | 175480.93 | 211009.09 | ||||
| Total unrestricted free funds |
228,593.58 | 211,222.03 | 175,489.93 | 264,334.68 | ||||
| The Church aims to break even each | year. | General reserves of:- | 5211,009.09 represent | |||||
| 40.499'o ofour total income in 2020. |
||||||||
| See comments on note 5b re |
uses of | the Hudson | bequest. | |||||
| TOTAL ALL FUNDS | 341,371.27 | 639,515.90 | 372,055.68 | 608,831.49 | ||||
| 6d | Analysis oftransfers between funds |
2029 | 2019 | |||||
| From General fund to:— | ||||||||
| Mission partners | fund | 0.00 | 3,618.31 | |||||
| Charities | 0.00 | 4,118.31 | ||||||
| Building fund | 115,000.00 | 0.00 | ||||||
| Net total from unrestricted to |
restricted | 115,009.00 | 7,736.62 | |||||
| From Vicarage to General | 0.00 | -1,300.00 | ||||||
| From Near Neighbours to Wellbeing |
-3,654.00 | 0.00 | ||||||
| Net total from unrestricted to |
restricted | 111,346.00 | 6,436.62 | |||||
| From General fund to:- | ||||||||
| Church fabric | 6,000.00 | 0.00 | ||||||
| Hall refurbishment | 3,000.00 | 0.00 | ||||||
| Organ | 13,000.00 | 0.00 | ||||||
| Hut | 0.00 | 563.60 | ||||||
| Total from unrestricted to designated |
22,099.00 | 12,060.00 | ||||||
| From Hall Fabric to Hall Refurbishment | 13,206.09 | 0.00 |
| 7 | Debtors | |||||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| 6 | 6 | |||||
| Trade debtors | 3,779.00 | 0.00 | ||||
| Income tax recoverable | 0.00 | 24,764.09 | ||||
| Prepayments | and accrued interest | 7,875.76 | 8,194.22 | |||
| Total debtors | 11,654.76 | 32,958.31 | ||||
| Liabilities: | Amounts | falling due within one year | ||||
| Accruals and | deferred | income | 1,645.00 | 1,145.00 | ||
| Total creditors | 1,645.00 | 1,145.00 | ||||
| Cash at bank and | in | hand | ||||
| Building fund | 188,957.80 | 66,368.49 | ||||
| Legacy J McCubbin | 139,654.96 | 139,564.96 | ||||
| Remaining bank balance ofother funds |
180,771.46 | 17,556.36 | ||||
| Total cash at | bank and | in | hand | 509364.22 | 223,489.81 |