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|Annual
report for 2020||pages|2- 7|
|---|---|---|---|
|Statement offinancial activities||page|8|
|Balance sheet||page|9|
|Accounting
policies||pages|10 - 11|
|Notes to the financial statements||pages|12 - 15|
|Independent
Examiner's|Report|page|16|
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|Forthe year ended 31 December|2020|||||||
|---|---|---|---|---|---|---|---|
||||Unrestricte|||||
||||d|Restricted||Total|Funds|
||||Funds|Funds||2020|2019|
|||Not||||||
|||e|f|f||||
|INCOMING RESOURCES||||||||
|Incoming resources
from donors||2a|73,759||110|73,869|69,761|
|Other voluntary
incoming resources||2b|26,525|32,268||58,793|239,175|
|Incoming resources
from operating|activities:|||||||
|-to further the Council's objects||2c|7,093||0|7,093|13,356|
|- to generate
funds||2d|1,577||0|1,577|7,546|
|Income from investment||2e|280||243|523|795|
|TOTAL INCOMING RESOURCES|||109,234|32,621||141,855|330633|
|RESOURCES EXPENDED||||||||
|Activities directly relating
to the work|ofthe|||||||
|Church||3a|90,070||18|90,088|102,805|
|Church management
and administration||3b|6,889||0|6,889|5,021|
|Costs ofgenerating
funds||3c|231||0|231|81|
|TOTAL RESOURCES EXPENDED|||97,190||18|97208|107907|
|NET INCOMING RESOURCES BEFORE||||||||
|OTHER|||12,044|32,603||44,647|222,726|
|RECOGNISED GAINS AND LOSSES||||||||
|GAIN ON INVESTMENT ASSETS||4b|367||0|367|871|
|NET MOVEMENT
IN FUNDS|||12,411|32,603||45,014|223,597|
|BALANCES BROLIGHT FORWARD|AT|||||||
|1 JANUARY 2020|||275,823|63,833||339,656|116,059|
|BALANCES CARRIED FORWARD|AT|||||||
|31DECEMBER 2020|||288,234|96,436||384,670|339,656|
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|Church Council ofSt.Faith, Gaywood|Church Council ofSt.Faith, Gaywood|Church Council ofSt.Faith, Gaywood||||
|---|---|---|---|---|---|
|Balance Sheet at 31stDecember 2020||||||
|||||2020|2019|
||||Note||E|
|FIXEDASSETS||||||
|Tangible fixed assets|||4a|225,000|225,000|
|Investment
assets|||4I3|6,106|5,739|
|||||231,106|230,739|
|CURRENT ASSETS||||||
|Debtors||||17,961|12,821|
|Short term deposits (CBFfunds)||||107,417|75,571|
|Cash at bank and|in hand|||29,417|21,193|
|||||154,795|109,585|
|LIABILITIES:AMOUNTS||FALLING DUE WITHIN ONE YEAR|6|1,231|668|
|NET CURRENT ASSETS||||153,564|108,917|
|NET ASSETS||||384,670|339,656|
|FUNDS|||7/8|||
|Unrestricted||||288,233|275,822|
|Restricted||||96,437|63,834|
|||||384,670|339,656|
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|Notes to the Financial Statements|Notes to the Financial Statements|Notes to the Financial Statements|Notes to the Financial Statements|for|the year|ended 31 December 2020|ended 31 December 2020|||
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|funds|
|||||||funds|funds|||
|||||||||2020|2019|
||||||||||8|
|2|INCOMING RESOURCES|||||||||
|2a|Incoming resources
from||donors|||||||
||Planned
giving|||||58,850||58,850|50,708|
||Income tax recoverable|||||12,416|110|12,526|13,300|
||Baptisms, weddings|and funerals||||67||67|887|
||General collections|||||2,426||2,426|4,866|
|||||||73759|110|73,869|69,761|
|2b|Other voluntaryincoming||resources|||||||
||Donations
and general||bequests|||26,525||26,525|14,010|
||Grants received||||||24,500|24,500|165|
||Bungalow||||||700|700|225,000|
||Dementia
WN||||||7,068|7,068||
||Legacies|||||||||
|||||||26,525|32,268|58,793|239,175|
|2c|Incoming resources
from||operating||activities:|||||
||-to further the Council's|objects||||||||
||Fees|||||6,624||6,624|11,503|
||Together magazine|||||469||469|1,724|
||Miscellaneous
income||||||||129|
|||||||7,093||7,093|13,356|
|2d|Incoming resources
from||operating||activities:|||||
||- to generate
funds|||||||||
||Church office printing|||||60||60|566|
||Church office miscellaneous|||income||32||32|12|
||Other income|||||1,283||1,283|2,750|
||Fund-raising|||||202||202|4,218|
|||||||1,577||1,577|7,546|
|2e|Income from investment|||||||||
||CBFDeposit Fund and||bank|interest||104|243|347|623|
||Charities
Investment|Fund dividends||||176||176|172|
|||||||280|243|523|795|
||TOTAL INCOMING RESOURCES|||||109,234|32,621|141,855|330,633|
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||||||Unrestricted|Restricted|Total|funds|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|||
||||||||2020|2019|
||||||||E|E|
|3|RESOURCES EXPENDED||||||||
|3a|Activities directly relating|||to the work ofthe Church|||||
||Diocesan parish||share||63,000||63,000|61,000|
||Methodist
circuit||contribution||13,286||13,286|19,663|
||Parish expenses||||2,057||2,057|3,174|
||Upkeep ofservices||||318||318|517|
||Church
running|expenses|||5,272||5,272|6,775|
||Church maintenance||||1,202||1,202|4,838|
||Childrens'
work||||23||23|163|
||Subscriptions||||581||581|760|
||Catering||||127||127|179|
||Depreciation|||||||989|
||Donations||||374||374|926|
||Mission and outreach||||315||315|198|
||Christmas
Day meal||||2,687||2,687|388|
||Dementia cafe||||285||285|620|
||Bungalow project|||||18|18|1,978|
||Bank charges||||543||543|637|
||Miscellaneous||||||||
||||||90,070|18|90,088|102805|
|3b|Church management||and|administration|||||
||Church office||||6,889||6,889|5,021|
||Office manager||||||||
||||||6,889||6,889|5,021|
|3c|Costs ofgenerating||funds||||||
||Fund-raising||||231||231|81|
||TOTAL RESOURCES EXPENDED||||97,190|18|97,208|107,907|
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||||Bungalow|Total|
|---|---|---|---|---|
||||E|E|
|Actual/deemed|cost at|1 January 2020|225,000|225,000|
|||At 31 December 2020|225,000|225,000|
|DEPRECIATION|||||
|||Charge for the year|||
|||At 31 December 2020|||
|NET BOOK VALUE||At 31 December 2020|225,000|225,000|
|||At 31 December 2019|225,000|225,000|
|4b|investment
assets|||
|---|---|---|---|
||Movements
in the year:|||
||Market value - 1 January 2020||5,739|
||Net gain on disposals and annual|revaluation|367.03|
||Market value -31 December 2020||6,106|
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||LIABILITIES:AMOUNTS|LIABILITIES:AMOUNTS|FALLING DUE WITHIN ONE|FALLING DUE WITHIN ONE|||
|---|---|---|---|---|---|---|
|6|YEAR||||2020|2019|
||||||6||
||Accruals and deferred|income|||1,211|668|
||Other creditors||||20||
||||||1,231|668|
|7|ANALYSIS OF NET ASSETS BYFUND||||||
|||||Unrestricted|Restricted|Total|
|||||funds
E|funds|fundsf|
||Fixed assets for Church||use|225,000||225,000|
||Fixed asset investments|||6,106||6,106|
||Current assets|||58,358|96,437|154,795|
||Interfund
balance||||||
||Current
liabilities|||-1,231||-1,231|
||Fund balance|||288,233|96,437|384,670|
|8|FUND DETAILS||||2020|2019|
||||||6|6|
||Fund balances at the Balance Sheet date are as follows:||||||
||Unrestricted
funds||||||
||Unrestricted
general|funds|||284,228|271,410|
||Designated
funds:||||||
||Rector 8Warden's||Fund||1,029|1,138|
||Catering
Fund||||982|982|
||Flower Fund||||||
||J Collison donation||||280|280|
||Christmas
Day Meal||||280|812|
||After school club||||232|232|
||Dementia cafe||||1,051|818|
||Youth fund||||150|150|
||||||288,233|275,822|
||Restricted funds||||||
||Organ Fund||||4,297|4,279|
||Church
Repairs Fund||||7,042|7,012|
||Radcliffe Centenary|Fund|||5,740|5,716|
||Bungalow project (CBFfund)||||66,067|34,397|
||Bungalow project (community|||account)|5,124|11,517|
||Bungalow project (R&W account)||||90|9|
||Training
fund||||899|899|
||Restricted fund gift aid||(Bungalow)||110|4|
||Dementia
WN||||7,068||
||||||96,437|63,833|
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