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2020-12-31-accounts

Report ofthe Parochial Church Report ofthe Parochial Church Council
Independent
Examiner's
Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
Appendix to the Accounts

Exofflclo Elected members Elected members
Incumbent
Rev N Parker (resigned February 21) Mrs Denise Davies
Mrs Kath Tarver
Mrs Angela Davies (Secretary)
Mrs Debbie Evans
Mrs Nanette Walker
Mrs Clarie Hudson
Mrs Abbie Jeys
Mrs Rachel Glaser
Churchwarden s Mrs Julie Murphy (Treasurer)
Mr Gert Bakker Mrs Nanette Gallai
Mrs Deborah Leary Mrs Teresa Johnson
Deane
S nod Re resentatives
Mrs Liz Maxwell
Mrs Juliet Bakker ( Lay Reader)

Note Unrestrlcte Restricted Total 2020 Total 2019
d funds funds
Income
Donations and legacies 34,145 93,769 127,914 146,363
Activities for generating funds
Fundraising
Income from investments
2,931 3,018 8,343
6,227
Charitable
activities
Fees 4,039 4,039 12,867
Total income 41,115 93,856 134,971 173,800
Expenditure
Church activities 42,793 255,030 297,823 227,852
Total expenditure 42,793 255,030 297,823 22?,852
Net Incomel (expenditure} (1,678) (161,174) (162,852) (54,052)
Unrealised
Net gainsl(losses)
on investments 6,577 15,020
Net movement
in funds
4,899 (161,174) (156,275) (39,032)
Balances brought forward at 1 January 2020 182,844 55,146 237,990 277,022
Transfer from reserves
to
fund campaign (131,024) 131,024
Balances carried forward at 31 December 2020 56,719 24,996 81,715 237,990

Unrestricted Restncted Total Total
2 Donations and Legacies funds funds 2020 2019
Gift aid donations
Income tax recovered
Plate collections
Charity collections
Special
service
Other donations
Legacy
Misc income
Donations for Re-ordering
Campaign
Grants
/ Funding
Awards
Donation from Maxstoke PCC
Youth Education Trust - Donation
19,903
3,810
1,921
551
5,460
1,000
1,500
9,585
7Q,601
13,583
19,983
3,810
1,921
551
5,460
1,000
9,585
70,601
1,500
13,583
20,620
7,342
5,173
1,Q37
4,050
3,163
2,386
23,167
77,925
1,500
27,166
34,145 93,769 127,914 173,529
3 Church activities Unrestricted
funds
Restricted
funds
Total
2020
Total
2019
f.
Charitable
giving:
Malawi
250 250 600
Childrens'
Society Christingle
217
British Legion 820
Revive / Rev Chris 900
Ministry:
Diocesan parish share
Clergy support costs
11,000 11,000 39,008
300
Church:
Misce0aneous
service costs
Olganlst
ONce staff costs
Office costs, printing 8 Stationery
Heat, Light 8 Water
Insurance
Organ servicing
1,136
893
5,437
3,783
3,895
5,274
381
1,136
893
5,437
3,783
3,895
5,274
381
2,010
1,572
6,914
3,6?0
6,635
6,158
257
Building
maintenance/font
cover 9,859 9,859
Cleaning
Consultant
cost - reordering
Contractors costs
Architect costs
Heritage
trail costs
Pew cushions
885 7,983
2I7,626
19,526
6,476
3,419
885
7,983
217,626
19,526
6,476
3,419
1,446
13,160
125,794
18,287
Sundries
42,793 255,03Q 297,823 227,852

FO R THE YEAR ENDED 31DECEMBER2020
4 Staff costs 2020
- Organist 893 1,572
5 investments
Market value at 1 January 2020 95,243 80,223
Unrealised
gain/(loss)
on revaluation
6,577 15,020
Market value at 31 December 2020 101,820 95,243
The following
is a summary
ofinvestments
held: 2020 2019
CBFInvestment
Fund income units (49?9.79shares)
101,820 95,243
6 Debtors &Prepayments 3,970
7 Deposits 8 bank balances 2020
Central Board of Finance Deposit Fund
Central Board ofFinance Deposit Fund
1,594 1,796
56,525
Coventry
Building Society
25,377
Barclays current account
Barclays Campaign
account
4,540
24,996
12,801
44,839
31,130 141,338
8 Liabilities falling due within one year 2020 2019
Diocesan Loan 5,000
Accruals 1,235 2,561
6,235 2,561
Liabilities falling due after more than one year 2020 2019
9 Diocesan Loan 45000

9 Analysis ofrestricted funds 8/fwd at Incoming Outgoing Gainsi(losses) Clfwd at
1Jan 2020f resources resources
f
on invest5nents f 31Dec2020
f
Campaign - reordering
Youth Education
Trust
29,769
25,377
250,257 (255,030)
(31,954)
6,577 24,996
55,146 250,257 ~286,884 6,577
10 Analysis ofnet assets by fund Unrestricted Restricted Total
fundsf fundsf 2020f
Investments
Current assets
Current
liabilities
101,820
6,134
(51,235)
24,996 101,820
31,130
(6,235)
56,719 24,996 81,715

Statement ofFin ancial A ctivities -comparatives
Unrestricted Restricted Total
funds funds 2019
R
Income 43,301 103,062 146,363
Donations and legacies
Activities for generating funds
Fundraising
Income from investments
Charitable
activities
Fees
8,343
6,227
12,867
8,343
6,227
12,867
70,738 103,062 173,800
Total income
Expenditure
Church activities 70,611 157,241 227,852
Total expenditure 70,611 157,241 227,852
Net incomel (expenditure)
(losses) on investments
before gainsl 127 (54,179) (54,052)
Net gainsl(losses) on investments 15,020 15,020
Net movement
in
funds 15,147 (54,179) (39,032)
Balances brought forward at 1 January 2019 167,69? 109,325 277,022
Balances carried forward at 31December 2019 182,844 55,146 237,990