4t
Trust in the Lord with a//your heart and lean not on
your own understanding,. in c711your ways submit to
him, and he wi// makeyour paths straight.
Proverbs 3.'5-6
Annual Report and Financial Statements
for the parish of Kingsclere
For the year ended 31st December 2020






























































































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## **Financial Statements for the Year Ended 31 December 2020** 

## **Receipts and Payments Accounts** 

|_Note_<br>**RECEIPTS**<br>**Voluntary receipts:**<br>Planned giving<br>Collections<br>All other giving/voluntary receipts<br>_4a_<br>Tax and Gift Aid recovered<br>**Activities for generating funds**<br>_4b_<br>**Investment income**<br>**Church activities**<br>_4c_<br>**Total receipts**<br>**PAYMENTS**<br>**Church activities:**<br>Diocesan parish contribution<br>Clergy and staffing costs<br>Church running expenses<br>_4d_<br>**Cost of generating funds**<br>**Total payments**<br>**Surplus/(deficit) of receipts over payments**<br>Transfers between funds<br>Cash at bank and in hand at 1 January<br>including liabilities as at 2019 year end<br>**Cash at bank and in hand at 31 December**|Unrestricted<br>funds<br>Restricted<br>funds<br>Total 2020<br>Total 2019<br>£<br>£<br>£<br>£<br>40,267<br>-<br>40,267<br>35,774<br>3,681<br>-<br>3,681<br>9,630<br>23,248<br>15,808<br>39,056<br>37,807<br>12,175<br>-<br>12,175<br>20,518|
|---|---|
||79,370<br>15,808<br>95,178<br>103,729<br>11,495<br>-<br>11,495<br>18,886<br>8,642<br>-<br>8,642<br>15,726<br>8,566<br>-<br>8,566<br>8,752|
||108,074<br>15,808<br>123,882<br>147,093|
||50,596<br>-<br>50,596<br>46,361<br>19,958<br>-<br>19,958<br>22,479<br>36,060<br>632<br>36,692<br>69,316|
||106,614<br>632<br>107,246<br>138,156<br>10,108<br>-<br>10,108<br>9,645|
||116,722<br>632<br>117,354<br>147,801|
||(8,648)<br>15,176<br>6,528<br>(708)<br>-<br>-<br>-<br>-|
||(8,648)<br>15,176<br>6,528<br>(708)<br>135,006<br>2,867<br>137,873<br>137,205|
||126,359<br>18,042<br>144,401<br>136,497|






## **Financial Statements for the Year Ended 31 December 2020** 

## **Statement of Assets and Liabilities** 

|**Statement of Assets and Liabilities**|||||||
|---|---|---|---|---|---|---|
||||Unrestricted funds|Restricted|Total 2020|Total 2019|
||_Note_|||funds|||
||||£|£|£|£|
|**Cash funds**|||||||
|Bank current account|||31,907|18,042|49,949|52,363|
|Petty Cash|||300|-|300|-|
||||32,207|18,042|50,249|52,363|
|**Investment assets**|||||||
|Investment funds held at market value|_2_||94,152|-|94,152|85,510|
|**Cash at bank and in hand at 31 December**|||126,359|18,042|144,401|137,873|
|**Liabilities at year end**|||-|(743)|(743)|(1,376)|
|**Assets retained for church use after liabilities**|||126,359|17,299|143,658|136,497|
|**Notes**|||||||
|1. The financial statements of the PCC have been prepared in accordance with||||the Church Accounting Regulations|||
|2006 using the Receipts and Payments basis.|||||||
|2. Funds are held in the CCLA CBF Church of|England||Investment Fund. Returns are used for ordinary church||||
|purposes.|||||||
|3. The movements in restricted funds and liabilities at||2019 year end during the||year were:|||
||b/fwd||Transfers|Receipts|Payments|c/fwd|
|Breakfast fund||-|<br>-|-|-|-|
|Flower fund||-|<br>-|100|-|100|
|Keystone fund||-|<br>-|-|-|-|
|Kyankowe fund||-|<br>-|-|-|-|
|Mission fund|1,491||<br>-|-|-|1,491|
|Nave Chair fund (closed)||-|<br>-|-|-|-|
|Children & Family Fund||-|<br>-|6,708|-|6,708|
|Drainage Project Fund||-|<br>-|9,000|-|9,000|
|||-|||||
|Liabilites at 2019 year end|1,376||<br>-|-|632|743|
|||-|||||
||2,867|||||18,042|
|||-|||||



The Breakfast fund represents monies to pay for meals before services within the Parish. 

The Flower fund represents donations to be spent on flowers at the Church. 

The Keystone fund is designed to develop and improve the present Church building. 

The Kyankowe fund represents funds raised to be donated to Mityana Projects Trust. 

The Mission fund represents monies restricted to only be spent on evangelism. 

The Children & Family Fund can only be spent on children and family activities. 

The Drainage Project Fund can only be spent on the project repairing the church's drainage. 




## **Financial Statements for the Year Ended 31 December 2020** 

4. Further Analysis of Receipts and Payments Accounts 

|_Note_<br>RECEIPTS<br>a) All other giving/voluntary receipts<br>Donations<br>Grants<br>Contribution from AHwH<br>b) Activities for generating funds<br>Fete<br>Parish magazine<br>Lights, Coffee Mornings and other<br>c) Church activities<br>Fees for weddings and funerals<br>Room hire<br>PAYMENTS<br>d) Church running expenses<br>Donations<br>Utilities<br>School Bibles and Youth Mission<br>Cost of services<br>Repairs and maintenance<br>AV and music upgrade<br>Insurance|Unrestricted<br>funds<br>Restricted<br>funds<br>Total<br>2020<br>Total<br>2019<br>£<br>£<br>£<br>£<br>9431.26<br>15,808<br>25,239<br>7,477<br>4,178<br>-<br>4,178<br>20,695<br>9,639<br>-<br>9,639<br>9,635|
|---|---|
||23,248<br>15,808<br>39,056<br>37,807|
||-<br>-<br>-<br>5,522<br>10,645<br>-<br>10,645<br>10,980<br>850<br>-<br>850<br>2,384|
||11,495<br>-<br>11,495<br>18,886|
||8,566<br>-<br>8,566<br>7,895<br>-<br>-<br>-<br>857|
||8,566<br>-<br>8,566<br>8,752|
||1,020<br>-<br>1,020<br>7,669<br>2,488<br>-<br>2,488<br>2,951<br>-<br>632<br>632<br>-<br>6,781<br>6,781<br>10,207<br>20,698<br>20,698<br>43,574<br>290<br>-<br>290<br>374<br>4,783<br>-<br>4,783<br>4,541|
||36,060<br>632<br>36,692<br>69,316|