(HARITY COMMISSION FOR ENGLAF4D AND WAIES Independent examiner's report on the accounts .Se¢tlon A .Independent Examiner's Report Report to the trusteesl members of THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARK NEW FERRY On accounts for the year ended 31s1 D8cembgT 2020 Charity no lif any) 1174918 Set OLtt on paue5 I report to the Iruslees on my examination ol the accounts of the above charity I the Trust") for the ygar ended 3111212020. Responsibilitigs and C ,basis of report As the charily's Iruslees, you are responslble for Ihe preparation ol the accounts in accordance with the requirements of the Charilies Acl 2011 I'the Ad.) I report in respect of my exaininallori of tho Trust's accounts carried out undei section 145 of the 2011 Acl and in carrying out my examination, I have followed all the applicable Directions given by the Charily Commission under section 14515llb) of the Act. Independent I have completed my examination. l ¢onlirm that no malerlal mallers have examiner's statement come lo my allenlion in connection with the èxamination lolher than that disclosed below '} which gives me c8115e lo bolieve that in, any material respect.. the accounting records were not kept in awordance willi seGlion 130 ol the Chaiilies A¢l', or the accotsnls did not accord with the ac¢ounling records., or the accounts did not comply with the appllcable requireimenls concerning the foim and conlenl of acGounls s81 out in Ilie Charities (Accounts and Reports) Regulations 2008 othèr than any r8ouirem8nt Ihat the accounts give a 'lrue and fair, view which is not a maller considèred as part of an independent examlnalion. I have no concerns and have come across no other mallers in Gonnection with the examination lo which allenlion should be drawn in this report in order lo enable a proper undeisl2nding of th9 aocounls lo be reached. Please delele Ihe words In the braGkels if Ihoy do nol apply. Slgned: Date: Name: Relevant professional qualificationlsl or body Ilf any): Address: TER Oct 2018 Sèction,B. Disclosuro Only complèle if the examiner iieeds lo highlight material mallers of concern (see CC32, Independent examination ol Gharlty a¢counls'. direclions and guidance for examiners). Give here brief detalS5 of any items that the "fxaminerwlshes to diselose. IER Oct 2018 TREASURER'S REPORT FOR THF. YEAR F.NI)ING -11 DECEMBFR 2020 We coiitinuc to thank and pt2is¢ (Tod for his gi'acious provisioii lo us in pi'oviding th¢ rinaiicial i'esoiii'ces necessaiy to 5UPPOlt t])c woi'k of tlie gospel at St Mark's dcspile tlic particularly challenging cii'cui)Istances of 2020. OVII RVIF.W: 2020 Oui. total inconie for the yeai. was £109,680 agaiilst expenditure of £110,933, leading to & dcficil foi. thc ycai. of £1,253 (¢oinpar¢d lo a surplus of £15,232 in the pi'ior yeai.). Ii)coine was lower than in 2019 as the final inqtalnient of a siib%tanti21 legacy donati()n was i'e¢¢ivcd in 2019. In addilioii, cui'ale I'elated iiieome was lower, altliougl) tax I'ecovei'able wa% higliei. duc to titning of gift aid claiins- we air fully ui) to datc with gift aid claiills as at yeai. eiid. Expendiluie was lowei. tliaii prioi. yeai., pi'iinai'ily due lo lowei. curate-related costs (pait yeai. effect), 110 weekend away in 2020, and lowei. activity i'elated to the pandeiiiic (e.g. in Liiiich Club ai)d Y'uesday Fellowsliip). Tliis was paiily offset by expeiises on equipmeiit (new cliaii foi. the cliurch Iiall) and by oiigoing rcpaii's ai)d iiiaintciiai)ce (clecli'ical woi'lc). INCOME The wol'l( or.gt Mai'l('s is financed lai'gely tl)YOLigh voluiilary givii)g fiom wiihiii out. congregation, as well as tax I'ecovei'able tlirougli the Gift Aid scl)eine on giving. Togelliei. these accoiiiited foi. 830/0 of oiii. iiieoine in 2020 (£90,9.58). Giving iiicreased cii'ca 80/0 vetsiis prior year, and includes a speeifie donation towai'ds window I'epaii. woi'k wl)icli is due 10 be conii)leted wl)en rc.%lriction.8 allow. Doiiati()n8 relAle primai'ily to external donations for oui l)astoral Assistant, Accouiit foi. Sta￿[1)g of tlie chui'cli's woi.k iviili fainilies aiid ycJui)g people, as well a.% the abovc-ii)eiilioned legacy. Donatioi)s totalled £10,148 in 2020. Fees relate to cliurcli hall I'ciital tees aiid fccs foi. weddings & funci'als, aiid show a ncgative iiicoine due to tiining diffei'ences belween wheii fees al'e received and paid to the Diocese. Hall liii'e fees liave deci'eased vei'sus pi'ioi. yeai. due to lowei. ulilization of the Iiall by fee- payinLy giroups. Costs foi. oui. shared curate wei'e boi'ne by St Marks, biit we also receive cuKate incoiile iii tlie foi'tn of a grant froin t]ie Diocese towards housing costs, plus a ¢onli'ibution from St Peter's. 'Self-fuiidiiig activities, siicli as Ilie Book51all, Tuesday Fcllowship aiid Lunch Club accouiit foi. a siinilai. aiiiount of incoine and expeiiditui'e each yeai.. The chai't below shows an analysis of oiir incoiiie for 2020.. £90.958 EIO,148 £2,156 £5.642 Donat￿￿$ sevfundlngact1￿t1eS Other recoverable XPEI NDITURE The majority of our expenditiii'e relates to the costs of having full time gospel woi'ke13 to ministei. among us (£68,992 in 2020). The Pai'ish Share of payable to tl)e Diocese (£41,863) reflects not only tlic cost8 of liaving a fLIII tiinc incuii)bent but also a conti'ibution towai'ds tl)e centi'al costs of oiii. Dioccsc withii) the Cl)ui'cli of England. After people costs, tlic sccond inost sigiiificaiil i)art of nui. expeiiditiiie is biiilding costs, i'elaling to insurance, utilitics and I'¢paiJs and maintei)ance. This tolalled £18,805 in 2020, cii'ca 120/0 lowei. tl)aii iii 2018. 'Other" costs iiicliides cxpcnditure oli new cliails for tlie £68.992 El8￿05 £9,905 Ell,263 £1.968 Sdf funding Other staff Sui)poi-liiig Missioii Givii)g to extei'nal Missioii £1 0,235 iii 2020.. this iiicludes both funds doi)ated by Éhe PCC {¢al¢ulated as l O % of genei'al fuiid iiiconic foi. Ilie pi'evioiis yeai.) as well as any doiialions Inade dii'ectly by i)ieiiibeis of the coiigi'cgation tlir0￿gh chiii'cli fund.% but speeifically foi. ii)ission suppoi't. Ca511 1)tssitioii Our year end casli balance is £39,348. Tliis represents a decredse of£i,253 versus pi'ioi. ycai.. -I'lic following points al'e also notable willi I'espect to our cash position.. Si Mat4c's has incui'red a dispropoi'lionate sliare of cui'ate costs to date, alid lias a I'eceivablL of Circa £3,000 from St Pelej s Rock Fei'ry iii tl)is i'egai'd. 'I'l)ei'e is a notional ncgativc balance on the Pastoi'al Assislaiit A¢eount in 2020. In pi'actice, tliis is fuiided by the CJcnei'al Accouiit and is coiisidci'cd by the PCC on a consolidated basis (a.8 tlie pi'opoi'tion of congi'cgation iiieinbei3 wl)o separate tl)eir giviiig is gi'ldually rediicing, ¢oinpared to pi'evious yeai's). Cash statement at 31 December 2020 2020 2019 Variance 40,531 33.100 7,430 110,5371 11,2361 19,3011 3,678 2.546 1,132 347 268 79 246 12111 1.014 Unrestricted lund5 General Account Pastoral Asslstant Account Mission Account Luncheon Club Bookstall Account Tuesday Fellowship 35 1,014 Restricted fund5 Parish Account 4,279 4,661 13821 TOTAL Ivnds 39,348 40.600 11,2531 St Mai'k'5 New Feriy Receipts aiid Paymeiils Accouiit foi. tlie Yeai. elided 31 Decciiibei. 2020 INCOMINGRESaVNCE5 PknTred8iwing 73.754 17.201 li.D7J £86 onallons LO,14 1.5 HAIIREnts 6.12B 7%5 3h2g 296 tUe5d3yFellovJ5hlp 36 360 797 Lun[h￿￿clUb WeekendAw 791 4.444 Sundry 109 5.944 eSOOAtÈseypENDED 9.¥J5 9.905 10,39S AciiwTrknthTcctyTclatcdlD*leww&oltbe¢&Jr¢h 41.853 40,EII J.99> 546 Tr&nhB LO JA52 Weekend AWAY 4.539 4,$39 $47 ChuKhrunnw&muirtlerwJr¢ S.fj97 5.81 6.146 7.1 166 30D T¢tlllkt5o￿I(￿5E￿Fefi 5.791 4IEOL 4.5Ql 15.159 Surpkn511DE1￿vl0rI￿P￿I¢￿ 4.lyg asJ4 Mission Accouiit The income and expenditui'e in Il)e Mission Account wa5 as follows-. Balan¢e blf Direct donations Tithe from General Account WEC IUI