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|:;Welwyn Garden
City United|:;Welwyn Garden
City United|:;Welwyn Garden
City United|Reformed|Reformed||Church|Church|Church|Charity No:|Charity No:|Charity No:|1167010|1167010||Page 1|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|FINANCIAL STATEMENTS||YEAR ENDED 31||||||DECEMBER 2020||||||||
|RECEIPTS AND PAYMENTS|||ACCOUNT|||||||||||||
|||||||||||||||This Year|Last Year|
||||||||Unrestricted||Designated||||Restricted|2020|2019|
||||||Note|||Funds R||Funds R|||Funds
R|Total R|Total E|
|RECEIPTS||||||||||||||||
|Tithes and Offerings||||||3||35,480|||||12,898|48,378|46,572|
|Gifts and Legacies||||||4||802|||||6,154|6,956|7,689|
|Fund raising and Grants||||||5|||||||54,435|54,435|42,855|
|Property
income||||||6||22,239|||||3,811|26,050|59,329|
|:'Interest,
investment
income|||||14a||||||2,213|||2,213|2,357|
|"Other income||||||7||4,149|||7,108||14,933|26,190|5,586|
|Organisation
income|||||14b||||||||2,196|2,196|1,739|
|Grant overpayment|||||14c||||||||5,028|5,028|1,739|
||Total||receipts|||||62,670|||9,321||99,455|171,446|166,128|
|'PAYMENTS||||||||||||||||
|Wider Ministry||||||8||33,626|||||4,030|37,656|37,934|
|Ministry/Group
expenses||||||9||17,844|||||69,046|86,890|88,682|
|Church
running
costs|||||10|||14,977|||6,137||5,171|26,285|30,309|
|Exceptional Expenses|||||11|||408|||||3,693|4,101|15,136|
|Total||payments||||||66,854|||6,137||81,940|154,931|172,060|
|NET RECEIPTS I(PAYMENTS)||||||||-4,184|||3,183||17,516|16,515|-5,933|
|TRANSFERS between|funds|||||||4,430|||-11,380||6,950|||
|NET DRAWDOWN-Synod||Trust|||14d||||||17,362|||17,362||
|UNREALISED CAPITAL GAIN/LOSS|||||||||||-233|||-233|9,385|
|FUNDS b/fwd
1 January||||||||2,709|||59,727||43,240|105,676|102,224|
|FUNDS c/fwd 31 December||||||||2,955|||68,659||67,706|139,319|105,676|
|STATEMENT OF ASSETS||AND LIABILITIES||||||||||||||
|Assets||||||||||||||||
|Monetary Assets||||||||||||||||
|Bank account||||||||2,955|||||14,513|17,467|13,592|
|Savings Account|||||||||||27,679||24,088|51,767|21,752|
|Flower Account|||||||||||||5|5|18|
|Investment
Assets||||||||||||||||
|Investment
COIF|||||||||||40,980||16,540|57,520|54,170|
|Investment
Jupiter|||||||||||||12,560|12,56|16,144|
||||Totals|||12||2,955|||68,659||67,706|139,319|105,676|
|Other assets||||||||||||||||
|Gift Aid recoverable||||||||||||||||
|Assets used for church purposes||||||||||||||||
|Buildings||||||13||Church
buildings|||and manse|||||
|Church contents||||||||Furnishings|and||equipment|||||
|Liabilities||||||||||||||||
|Key deposits, overpaid|grant|income|||||||||||5,233|5,233|205|
|"APPROVED by the Church
-'by k~w g. w||Members
on
g~,g~
(name)
.
The notes on pages 2to 5 form|||||||~l
part|and signed on their behalf
~(,. „(signature)
ofthis financial statement||||||
##
##
|Designated
Funds|represent|unrestricted|unrestricted|funds set aside|by the church|for specific designated
purposes;|for specific designated
purposes;|for specific designated
purposes;|they|
|---|---|---|---|---|---|---|---|---|---|
|can be transferred|back into general||funds|at the church's|decision.|||||
|Fund name|&purpose:|||Balance
b/fwd
K|Receipts
in yearf|Payments
in yearf|Transfers
for year K|Balance
c/fwd
R||
|Benevolent
Fund||||140|||||140|
|Maintenance
Fund||||9,126||-6,137|6,248||9,238|
|Minister's
Car Replacement||||10,000|||||10,000|
|Reserve Fund||||40,460|9,321|-8,000|-9,628||32,152|
|Drawdown
Fund|||||25,362||-8,000||17,362|
|Totals for|designated|funds||59,727|34,683|-14,137|-11,380||68,892|
|alised
CapitalGai|n/Loss
(R|eserve|s)||||||-233|
##
|||||||||
|---|---|---|---|---|---|---|---|
|Welwyn
Garden City United Reformed Church|||||||Page 3|
|FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020||||||||
|NOTES - continued||||||||
||RECEIPTS|||||||
|||||||This Year|Last Year|
||||Unrestricted|Designated|Restricted|2020|2019|
||||Funds r.|Funds R|Funds R|Total E|Total R|
||TITHES AND OFFERINGS|||||||
||Cash and Cheque
Giving||3,531||242|3,773|5,184|
||Direct Giving||21,143|||21,143|11,928|
||Envelopes||5,340|||5,340|13,867|
||Gift Aid||5,464||1,667|7,131|7,246|
||Special collections||||2,056|2,056|1,487|
||Youth, Mission,
Build Pledge||||8,933|8,933|6,861|
||Total Tithes and Offerings||35,480||12,898|48,377|46,572|
||GIFTS and LEGACIES|||||||
||Gifts||802||6,154|6,956|6,689|
||Legacies||||||1,000|
||Total Gifts and Legacies||802||6,154|6,956|7,689|
|5|FUND RAISING, GRANTS, DRAWDOWN|||||||
||Events||||1,631|1,631|3,656|
||Sunday Coffee||||47|47|299|
||Children
Family Youth Grant (note 14e)||||29,047|29,047|20,791|
||Mission Coord Grant (note|14e)|||21,710|21,710|15,110|
||Equipment
Grant||||||3,000|
||WHBC Commuity
Grant||||2,000|||
||Total Fundraising|and Grants|||52,435|52,435|42,855|
||PROPERTYINCOME|||||||
||Hall Hire||7,796||2,070|9,866|37,605|
||Car Park||4,768||1,131|5,899|10,839|
||Key and car park deposits||||610|610|1,185|
||Funeral and weddings||75|||75|100|
||Manse Rental ( note 14f)||9,600|||9,600|9,600|
||Total Property income||22,239||3,811|26,050|59,329|
||OTHER INCOME|||||||
||Synod, Harpenden,
IFG group||90|7,108|4,879|12,077|3,899|
||Refunds||50|||50|356|
||JRS HMRC Furlough||4,009||9,630|13,639||
||Flowers (note 14g)||||424|424|1,331|
||Total Other income||4,149|7,108|14,933|26,190|5,586|
|Welwyn
Garden
City United Reformed|Welwyn
Garden
City United Reformed|Welwyn
Garden
City United Reformed|Welwyn
Garden
City United Reformed|Church|Church||||||Page 4|Page 4|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|FINANCIAL STATEMENTS YEAR ENDED 31|||||DECEMBER 2020||||||||
|NOTES - continued|||||||||||||
||PAYNIENTS||||||||This Year||Last|Year|
|||||||Unrestricted|Designated|Restricted|2020||2019||
|||||||Funds R|Funds f|Funds R|Total E||Total F||
|8|WIDER MINISTRY||||||||||||
||Donations|||||112||3,730|3,842|||2,009|
||Ministry
and Mission|||||33,514||300|33,814||35,926||
||Total Wider ministry costs|||||33,626||4,030|37,656||37,934||
||MINISTRY GROUP EXPENSES||||||||||||
||Flowers|||||||437|437|||1,358|
||Licenses|||||637|||637|||564|
||Miscellaneous|||||172||220|392|||127|
||Office support|||||842||100|942|||1,027|
||Printing|||||704||472|1,176|||1,485|
||Pulpit Supply|||||250|||250|||970|
||Telephone|||||223||431|654|||1,114|
||Transport|||||131||414|545|||1,022|
||Worship support 8 Organists|||||1,365||763|2,129|||3,336|
||Youth and Mission Work|||||357||471|828|||1,291|
||Employee salaries,
Nl and Pensions|||||12,909||65,610|78,519||74,794||
||Events inc Catering|||||254||128|382|||1,595|
||Total Ministry
Group|expenses||||17,844||69,046|86,889||88,682||
|10|CHURCH
RUNNING COSTS||||||||||||
||Cleaning
and supplies|||||4,244|||4,244|||8,588|
||Grounds|||||1,590||660|2,250|||1,813|
||Insurance|||||2,366||336|2,701|||3,116|
||Maintenance
Church|||||700|2,910|1,609|5,219|||4,294|
||Maintenance
Manse|||||0|3,205|405|3,611|||4,282|
||Manse
Utilities /Council Tax|||||1,630|22|1,038|2,690|||2,941|
||Church
Utilities|||||4,447||1,122|5,569|||5,274|
||Total Church
running costs|||||14,977|6,137|5,171|26,285||30,309||
|11|EXCEPTIONAL EXPENSES||||||||||||
||Build Planning|||||||548|548|||2,342|
||Equipment
Purchase|||||408||2,876|3,283|||5,330|
||Projects (see Note14h)|||||||270|270|||7,464|
||Total Exceptional|Expenses||||408|0|3,693|4,101|||7,464|
|$:12|ASSETS||||||||||||
||The church monies are not held||in segregated|||accounts,|but for the sake of|this financial|statement|the|total||
||ofeach account is allocated|appropriately|||over|the various funds. Investment||Assets are|also allocated||across fun||
||mainly Reserves, the Car Fund||and|Fabric Fund|||||||||
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