| Unrestdicted | Designated | Restricted | Endowment | ||||
|---|---|---|---|---|---|---|---|
| NOtes | funds | funds | funds | funds | Tots I 2020 | Tots I2019 | |
| 5 | 6 | E | E | E | 1 | ||
| INCOME AND ENDOWMENTS | |||||||
| Voluntary income |
2a | 110,831 | 362,003 | 472,834 | 450,358 | ||
| Activities for generating funds |
2b | 4,103 | 6,855 | 10,958 | 27,475 | ||
| Church activities | 2c | 9,562 | 9,562 | 14,288 | |||
| Dividends, interest, income from property etc. | 2d | 2,076 | 11,872 | 13,948 | 15,038 | ||
| Other Incoming resources | 2e | 6,358 | 414 | 6,772 | 12,639 | ||
| TOTAL INCOME | 132,930 | 381144 | 514074 | ~529798 | |||
| EXPENDITURE | |||||||
| Church activities | 3a | 122,218 | 615 | 122,833 | 134,253 | ||
| Church expenses | 3b | 31,967 | 15,736 | 47,703 | 64,938 | ||
| Costs ofgenerating income |
3c | 764 | 764 | 6,860 | |||
| Mefor capital expenditure | 3d | 403,697 | 403,697 | 398,228 | |||
| Other mpenditure | 3e | 2,082 | 48 | 2,130 | |||
| TDTALEXPENDITURE | 156,267 | 420860 | 577 127 | 604279 | |||
| NET INCOME/EXPENDITURE | |||||||
| BEFORE INVESTMENT GAINS | -23,337 | -39,716 | .63,053 | -gavtgt | |||
| NET GAINS ON INVESTMENTS | 27,818 | 27,818 | 68,959 | ||||
| NET INCOME/EXPENDITURE | -23,337 | -39,716 | 27,818 | .35,235 | -15,522 | ||
| TRANSFER BETWEEN FUNDS | -120 | 120 | |||||
| NET MOVEMENT IN FUNDS |
- 23,457 | -39,596 | 27/ISB | -35335 | -15,522 | ||
| Total funds brought forward | 61,551 | 120,347 | 598,587 | 787,854 | 803,376 | ||
| Total fund carded forward | 38094 | 7369 | 80,751 | 626 405 | 752,619 | 787854 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Total | Total | |||
| Notes | E | E | ||
| FIXEDASSETS | ||||
| Tangible | 608 | 811 | ||
| Investments | 626,405 | 598,587 | ||
| 627,013 | 599,398 | |||
| CURRENT ASSETS | ||||
| Debtors and prepayments | 8 | 22,753 | 25,365 | |
| Short-term deposits |
77,543 | 95,424 | ||
| Cash at bank and in | hand | 83,555 | 127,962 | |
| 183,851 | 248,751 | |||
| LIABILITIES | ||||
| Creditors - amounts | falling due | |||
| in one year | 15,245 | 33,295 | ||
| NET CURRENT ASSETS/(LIABILITIES) | 168,606 | 215,456 | ||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 795,619 | 814,854 | ||
| Creditors - amounts | falling due | |||
| after one year | 10 | 43,000 | 27,000 | |
| TOTAL NET ASSETS | 752,619 | 787,854 | ||
| PARISH FUNDS | ||||
| Unrestricted | 11 | 45,463 | 68,920 | |
| Restricted | 12 | 80,751 | 120,347 | |
| Endowment | 626,405 | 598,587 | ||
| 752,619 | 787,854 |
| 2020 | 2019 | |||||||
|---|---|---|---|---|---|---|---|---|
| Net «ash from operating activities |
128,236 | 109,390 | ||||||
| Cash flows from investing activities | ||||||||
| Dividends, interest and rent from investments |
13,948 | 15,038 | ||||||
| Interest paid | ||||||||
| Proceedsfrom sale of: |
||||||||
| Tangible fixed assets | ||||||||
| Tangible fixed investments | ||||||||
| Purchase of: | ||||||||
| Tangible fixed assets for the use | of | the PCC | ||||||
| Fixed asset investments | ||||||||
| Cash flows from financing activities |
||||||||
| Loans (outstanding balances) |
52,000 | 50,000 | ||||||
| Net cash provided by/ (used in) investing |
activities | 65,948 | 65,038 | |||||
| Change in cash and cash equivalents |
in the | reporting | period | 62,288 | 44,352 | |||
| Cash and cash equivalents at 1January |
223,386 | 267,738 | ||||||
| Cash and cash equivalents at31December |
161,098 | 223,386 | ||||||
| Reconciliation ofnet income/(expenditure) |
before investment | gains | ||||||
| Net income before Investment gains |
31December | 63,053 | 84,481 | |||||
| Adjustment for: | ||||||||
| Depreciation charges |
203 | 203 | ||||||
| Dividends, interest and rent from investments |
13,948 | 15,038 | ||||||
| Decrease/(increase) in debtors |
2,612 | 20,211 | ||||||
| (Decrease)/Increase in creditors |
54,050 | 10,137 | ||||||
| Net cash provided by/(used in) operating |
activities | 128,236 | 109,390 | |||||
| Analysis ofcash and cash equivalents | ||||||||
| Cash in hand | 83,555 | 127,962 | ||||||
| Notice deposits (less than 3 months) | 77,543 | 95,424 | ||||||
| 161,098 | 223,386 |
| 2 | INCOME AND ENDOWMENTS | INCOME AND ENDOWMENTS | INCOME AND ENDOWMENTS | INCOME AND ENDOWMENTS | |||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | |||||||
| funds | funds | funds | Total2020 | Tota I2019 | |||||
| E | E | E | E | E | |||||
| 2(a) | Voluntary income |
||||||||
| All other giving and voluntary | |||||||||
| receipts, including Special |
Appeals | ||||||||
| (recurring and one-off) |
5,766 | 40,886 | 46,652 | 84,350 | |||||
| Collections at services | 9,080 | 1,136 | 10,216 | 19,270 | |||||
| Collections at services for | charity | 1,181 | 1,181 | ||||||
| Gift Aid recovered | 20,079 | 8,978 | 29,057 | 67,714 | |||||
| Grants (include recurring | and | one-off) | 7,695 | 308,440 | 316,135 | 203,323 | |||
| Other planned giving |
2,853 | 438 | 3,291 | 3,666 | |||||
| Legacies received (capital | value) | ||||||||
| Tax efficient planned giving |
64,177 | 2,125 | 66,302 | 72,035 | |||||
| 110,831 | 362,003 | 472,S34 | 450,358 | ||||||
| 2(b) | Activities for generating funds |
||||||||
| Gross income from fundraising | activities | 4,103 | 6,855 | 10,958 | 27,475 | ||||
| 4,103 | 6,855 | 10,958 | 27,475 | ||||||
| 2(c) | Church activities | ||||||||
| Additional wedding and funeral |
fees | 511 | 511 | 1,031 | |||||
| Gross income from trading | (e.g. hall | ||||||||
| lettings, magazine, bookstall). |
NOT | ||||||||
| fundraising. | 1,834 | 1,834 | 3,477 | ||||||
| Statutory fees retained by |
the | PCC | |||||||
| (weddings, funerals etc) |
7,217 | 7,217 | 9,780 | ||||||
| 9,562 | 9,562 | 14,288 | |||||||
| 2(d) | Dividends, interest, income from property | etc. | |||||||
| Dividends, interest, income from |
|||||||||
| property etc. | 2,076 | 11,872 | 13,948 | 15,038 | |||||
| 2,076 | 11,872 | 13,948 | 15,038 | ||||||
| 2(e) | Other incoming resources | ||||||||
| Other incoming resources | 6,358 | 414 | 6,772 | 12,639 | |||||
| 6,358 | 414 | 6,772 | 12,639 | ||||||
| TOTAL INCOME | 132,930 | 381,144 | 514,074 | 519,798 |
| 3 | EXPENDITURE | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| unrestricted | Designated | Restricted | Endowment | ||||||
| funds | funds | funds | funds | Total 2020 | Total 2019 | ||||
| 6 | 6 | 6 | 6 | 6 | |||||
| 3(a) | Church activities | ||||||||
| Oergy and staff expenses | 7,299 | 7,299 | 6,805 | ||||||
| Diocesan parish share contribution | 103,957 | 103,957 | 106,269 | ||||||
| Mission giving and donations | 2,730 | 2,730 | 11,330 | ||||||
| Salories, woges and honoraria | 8,232 | 615 | 8,847 | 9,849 | |||||
| 122,218 | 615 | 122,833 | 134,253 | ||||||
| 3(b) | Church expenses | ||||||||
| Mission and evangelism | costs | 245 | 798 | 1,043 | 761 | ||||
| Church running expenses |
25,124 | 13,541 | 38,665 | 52,837 | |||||
| Church utility bills |
5,435 | 1,397 | 6,832 | 9,457 | |||||
| Costs oftrading | |||||||||
| Independent examiner's |
costs | 960 | 960 | 1,680 | |||||
| Depredation on church equipment |
203 | 203 | 203 | ||||||
| 31,967 | 15,736 | 47,703 | 64,938 | ||||||
| 3(c) | Costs ofgenerating income |
||||||||
| Costs offundralsing activities |
764 | 764 | 6,86D | ||||||
| 764 | 6,860 | ||||||||
| 3(d) | Major capital expenditure | ||||||||
| Mojor repairs tothe church | buildrng | 2,856 | 2,856 | 18,353 | |||||
| New budding work |
400,841 | 400,841 | 379,875 | ||||||
| 403,697 | 403,697 | 398,228 | |||||||
| 3(e) | Other expenditure | ||||||||
| Other outgoing resources/payments | 2,047 | 2,095 | |||||||
| Governance costs | 35 | 35 | |||||||
| 2 D82 | 2,130 | ||||||||
| TOTAL RESOURCES EXPENDED | 156,267 | 420,860 | 577,127 | 604,279 |
| 2020 | 2019 | |
|---|---|---|
| f | f | |
| Parish administrator | 3,120 | 1,697 |
| Cleaner | 2,292 | 2,292 |
| Groundsman | 1,230 | 1,230 |
| Gravedigger | 110 | |
| Organist | 2,035 | 4,110 |
| Vergers | 60 | |
| Bell ringers | 520 | |
| 8,847 | 9,849 |
| Parish administrator | 2 |
|---|---|
| Cleaner | 3 |
| Groundsman | 1 |
| Organist | 11 |
| Verge rs |
| Unrestricted | Restricted | Total | ||||
|---|---|---|---|---|---|---|
| f | f | f | ||||
| Apportionment | ofdeposit | fund | interest | -120 | 120 |
| Office | ||
|---|---|---|
| equipment | Total | |
| f | f | |
| Cost ofvaluation | ||
| At 1January 2020 | 811 | 811 |
| Additions | ||
| Disposals | ||
| At 31December 2020 | 811 | 811 |
| Depreciation | ||
| At 1January 2020 | ||
| Charge for the year | 203 | 203 |
| At 31December 2020 | 203 | 203 |
| Net book value at31December 2020 | 608 | 608 |
| Net book value at 31December 2019 | 811 | 811 |
| Market value at | Market value at | Change in |
|||||
|---|---|---|---|---|---|---|---|
| 31stDecember | 31stDecember | value Jan tto | |||||
| 2019 | additions | Disposals | 2020 | Dec312020 | |||
| E | f | f | E | E | |||
| Milton Milton - Church | Lands | 536,268 | 559,822 | 23,554 | |||
| Drayton | Bradfield Trust | 8,994 | 9,613 | 619 | |||
| Drayton | Clerk's Piece | 796 | 847 | 51 | |||
| Drayton | Miss Emma Hyde for maintenance | ||||||
| ofchurch fabric | 2,218 | 2,357 | 139 | ||||
| Drayton | Hyde's charity | for psalmody | 762 | 811 | 49 | ||
| Steventon 6274850025 | —ENDOWMENT | ||||||
| FUND | 29,111 | 31,113 | 2,002 | ||||
| Steventon 6274850015 - N01 | |||||||
| INVESTMENT FUND | 20,438 | 21,842 | 1,404 | ||||
| 626405 | 27,818 |
| 8 | DEBTORS | ||||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| 6 | 6 | ||||
| HMRC Gift Aid | 16,012 | 22,625 | |||
| Statutory | fees due | 178 | |||
| Collections to be banked | 568 | 2,562 | |||
| Fund raising to be banked | 565 | ||||
| Parish share rebate | 2,625 | ||||
| Grants from Oxford Diocese | 1,560 | ||||
| Miscellaneous debtors |
1,423 | ||||
| TOTAL | 22,753 | 25,365 | |||
| 9 | CREDITORS falling due within one year | ||||
| 2020 | 2019 | ||||
| 6 | 6 | ||||
| Accounts | examination | costs | 960 | 900 | |
| Diocesan | Loan repayment | 6,000 | 23,000 | ||
| Individual | 1loan | 1,000 | |||
| Individual | 2 loan | 1,000 | |||
| Individual | 3 loan | 1,000 | |||
| Architects | fees for River Room | 1,796 | |||
| Clergy expenses | 707 | 2,836 | |||
| 100club | prizes | 36 | |||
| Mission giving | 1,478 | ||||
| Parish Administrator | 1,040 | ||||
| Miscellaneous creditors |
2,024 | 4,763 | |||
| TOTAL | 15,245 | 33,295 | |||
| 10 | CREDITORS falling due after one year | ||||
| 2020 | 2019 | ||||
| 6 | 6 | ||||
| Diocesan | Loan repayment | 21,000 | 27,000 | ||
| Individual | 1loan | 9,000 | |||
| Individual | 2 loan | 9,000 | |||
| Individual | 3 loan | 4,000 | |||
| TOTAL | 43,000 | 27,000 |
| Brought | Carried | ||||||
|---|---|---|---|---|---|---|---|
| Forward | Income | Expenditure | Transfer | forward | |||
| 6 | E | E | E | E | |||
| General funds | 61,551 | v | 132,930 | 156,267 | -120 | 38,094 | |
| Designated | funds | ||||||
| Drayton | pew removal | 6,664 | 6,664 | ||||
| River room (designated) | 705 | 705 | |||||
| 7,369 | 7,369 |
| Brought | Carried | |||||
|---|---|---|---|---|---|---|
| Forward | Income | Expenditure | Transfer | forward | ||
| E | E | 6 | f | E | ||
| Drayton fabric | 4,245 | 696 | 4,296 | |||
| Drayton Carpenters legacy |
1,269 | 1,269 | ||||
| Drayton Bells | 2,730 | 135 | 2,870 | |||
| Drayton Clerk's Piece |
348 | 348 | ||||
| Drayton Hydes for Psalmody | 617 | 617 | ||||
| Appleford fabric fund |
7,847 | 1,315 | 403 | 8,759 | ||
| Milton bells | 11,984 | 626 | 311 | 21 | 12,320 | |
| Milton building | 7,647 | 1,253 | 14 | 8,914 | ||
| Milton Church Lands |
29,929 | 11,737 | 4,077 | 59 | 37,648 | |
| Sutton Courtenay | Fabric | 6,200 | 5,682 | 6,190 | 9 | 5,701 |
| Sutton Courtenay | River Room | 16,158 | 353,155 | 401,595 | -32,282 | |
| Sutton Courtenay | Ringers | 2,452 | 76 | 2,528 | ||
| Sutton Courtenay | Choir | |||||
| Sutton Courtenay | Fun Day | 3,641 | 4,737 | 798 | 7,580 | |
| Steventon Fabric |
3,760 | 1,409 | 2,064 | 3,105 | ||
| Steventon Churchyard |
18,170 | 74 | 3,612 | 14,632 | ||
| Steventon Tower | 3,415 | 186 | 1,114 | 5 | 2,492 | |
| Steventon Church |
Repair | —65 | 19 | -46 | ||
| 120 | 80,751 |
| Unrestricted | Restricted | Endowment | ||
|---|---|---|---|---|
| funds | funds | funds | TOTAL 2020 | |
| E | E | E | E | |
| Tangible fixed assets | 608 | 608 | ||
| Investment fixed assets |
626,405 | 626,405 | ||
| Current assets | 103,100 | 80,751 | 183,851 | |
| Liabilities | ||||
| Amounts falling duein one year | -15,245 | -15,245 | ||
| Amounts foiling due after one year | -43,000 | -43,000 | ||
| 45,463 | 80,751 | 626,405 | 752,619 |