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|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|
##
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##
||||||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|
##
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||||||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|