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||PCC Membership|from 7 April 2019|PCC Membership|from|
|---|---|---|---|---|
||to 25 October 2020||25October 2020||
|Vicar|Revd Tom Gillum||Revd Tom Gillum||
||Revd Grant Walton||Revd Grant Walton||
|Wardens|Tony Mitchell||Tony Mitchell||
||Nicholas Turner||Nicholas Turner||
|Deanery Synod Representatives|Margaret Wiedemann||Kevin Hancox||
||Kevin Hancox||||
|Lay Members ofthe PCC|Peter Bartlett||Peter Bartlett||
||Allyson<br>Eastwood||Rachel Fiskin||
||Jean Hammonds||Jean Hammonds||
||Yvonne Hamss||Emlyn Jones||
||Martyn<br>Knight||Martyn<br>Knight||
||Emlyn Jones||Giacomo James Persisco||
||Lorna Richardson||Lorna Richardson||
||Len Simmonds||Len Simmonds||
||Jonathan<br>Stork||Jonathan<br>Stork||
||||Margaret Wiedemann||
|Co —Opted Member|Bethan Mitchell||Bethan Mitchell||
|PCC Secretary|Len Simmonds||Len Simmonds||



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|Statement offinancial a|c|tivit|ies|for the y|ear ended 31 Dec|ember 2020||||
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Endowment|Total|funds|
|||||Note|Funds|Funds|Funds|2020|2019|
||||||6||Z|E|6|
|Income and endowments||from:||||||||
|Donations<br>and legacies||||2(a)|86,481|5,299||91,780|137,577|
|Income from charitable||||||||||
|activities||||2(b)|12,994|||12,994|59,784|
|Other trading<br>activities<br>Investments<br>Other income||||2(c)<br>2(d)<br>2(e)|4,953<br>22,249<br>41,184|1,643|870|4,953<br>24,762<br>41,184|8,661<br>32,337<br>9,373|
|Total income and endowments|||||167,861|6,942|870|175,673|247,732|
|Expenditure<br>on:||||||||||
|Investment<br>management|costs|||3(a)|3,130|||3,130|3,462|
|Expenditure<br>on charitable||||||||||
|activities||||3(b)|237,208|5,223||242,431|243,144|
|Total expenditure|||||240,338|5,223||245,561|246,606|
|Net (expenditure)/income<br>before<br>gains on investment<br>assets|||||(72,477)|1,719|870|(69,888)|1,126|
|(Loss)/Gains<br>on investment|||assets||(44,904)|3,034|1,773|(40,097)|113,409|
|Net (expenditure)/income|||||(117,381)|4,753|2,643|(109,985)|114,535|
|Net movement<br>in funds||||||||||
|Balances brought<br>forward <br>1 January 2020||at|||1,115,938|128,401|30,754|1,275,093|1,160,558|
|Balances carried forward||at||||||||
|31 December 2020|||||998,557|133,154|33,397|1,165,108|1,275,093|





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||||||Note|Note||2020|2019|
|---|---|---|---|---|---|---|---|---|---|
|||||||||8||
|Fixed Assets||||||||||
|Investment|assets|||||||1,001,262|1,048,518|
|||||||||1,001,262|1,048,518|
|Current assets||||||||||
|Debtors||||||||62,873|37,810|
|Investments|- short||term|deposits||||28,246|64,655|
|Cash at bank and in|||hand|||||80,372|134,258|
|||||||||171,491|236,723|
|Liabilities: amounts||falling||due:||||||
|within one year||||||||7,645|10,148|
|Net current assets||||||||163,846|226,575|
|Total Net Assets||||||||1,155,108|1,275,093|
|Parish funds||||||||||
|Unrestricted||||||||998,557|1,115,938|
|Restricted|||||10|||133,154|128,401|
|Permanent<br>endowment||||||||33,397|30,754|
|||||||||1,165,108|1,275,093|
|||||u||||||
|Approved<br>by the|PCC|on|$i|tvIPI.~/|2021 and signed on its|behalf|by:<br>7|||
|(h.t~~'Ei,||~||||l||||
|RevdTAGI<br>m|||||i L|'almonds||||
|Trustee|||||t Trustee|||||





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|2|Income and endowments|from:|from:||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted||Total|Unrestricted|Restricted|Total|
|||||Funds|Funds||2020|Funds|Funds|2019|
|||||6|||6|6||6|
||(a) Donations<br>and legacies||||||||||
||Planned<br>giving<br>- Gift Aid donations|||53,752|||53,752|57,731||57,731|
||- Income tax recoverable|||11,220|||11,220|26,137||26,137|
||- Other planned<br>giving|||2,141|||2,141|10,126||10,126|
||Collections (open plate) <br>Donations,<br>appeals etc<br>Legacies||at all services|3,455<br>15,913|5,299||3,455<br>21,212|10,860<br>14,238<br>2,461|11,319<br>4,705|10,860<br>25,557<br>7,166|
|||||86,481|5,299||91,780|121,553|16,024|137,577|
||(b) income from charitable<br>Church<br>lettings||activities|12,232|||12,232|53,076||53,076|
||Fees|||762|||762|6,708||6,708|
|||||12,994|||12,994|59,784||59,784|
||(c) Other trading activities<br>Coffee|||140|||140|712||712|
||Fund raising activities|||4,813|||4,813|7,949||7,949|
|||||4,953|||4,953|8,661||8,661|
||(d) Investments<br>Bank interest|||362|12||374|751|15|766|
||Income on investments|||21,887|2,501||24,388|28,980|2,591|31,571|
|||||22,249|2,513||24,762|29,731|2,606|32,337|
||(e) Other income<br>VAT recovered|||1,811|||1,811|6,788|1,585|8,373|
||Grants|||1,000|||1,000|1,000||1,000|
||SDBFSalary reimbursed|||38,373|||38,373||||
|||||41,184|||41,184|7,788|1,585|9,373|
||Total income and endowments|||167,861|7,812|175,673||227,517|20,215|247,732|





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|3|Expenditure<br>on:|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||||Funds<br>6|Funds<br>6|2020<br>6|Funds<br>6|Funds<br>f|2019<br>6|
||(a) investment<br>management<br>Investment<br>advice||costs|3,130||3130|3462||3,462|
|||||3,130||3,130|3,462||3,462|
||(b) Expenditure<br>on charitable||activities|||||||
||Missionary<br>and charitable||giving|||||||
||(note 14)|||7,268||7,268|12,457|1,495|13,952|
||Parish share|||50,000||50,000|50,000||50,000|
||Verger's expenses||||||124||124|
||Sanctuary<br>and clergy <br>Insurance|expenses||1,162<br>16,061||1,162<br>16,061|2,604<br>15,857||2,604<br>15,857|
||Heat, light and water<br>Major repairs|||26,166<br>6,957|2,568|26,166<br>9,525|23,402<br>9,604|9,510|23,402<br>19,114|
||Routine maintenance|and|repairs|10,595||10,595|16,284||16,284|
||Fundraising<br>costs<br>Flower fund|||1,940<br>177||1,940<br>177|10,867<br>2,818||10,867<br>2,816|
||Salaries|||103,211||103,211|62,088||62,088|
||Music costs||||2,655|2,655||11,893|11,893|
||Administration<br>costs|||1,454||1,454|1,592||1,592|
||Telephone<br>and wifi|||895||895|1,288||1,288|
||Computer<br>and ITcosts<br>Postage and stationery<br>Sundry expenses<br>Accountancy<br>fees|||7,329<br>1,306<br>702<br>1,985||7,329<br>1,306<br>702<br>1,985|7,605<br>1,599<br>305<br>1,752||7,605<br>1,599<br>305<br>1,752|
|||||237,208|5,223|242,431|220,246|22,898|243,144|
||Total Expenditure|||240,338|5,223|245,561|223,708|22,898|246,606|





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|ents|||||||
|---|---|---|---|---|---|---|
|||||Historic|Fair value||
|||||Cost|2020|2019|
||||||0|6|
|General Fund|||||||
|T Bailey Investments||||200,000|237,272|218,175|
|9,252.149M&G Charifund|||units|142,131|126,992|153,649|
|Brewin Dolphin||||500,777|551,556|596,059|
|||||842,908|915,820|967,883|
|Endowment<br>Fund|||||||
|St Mary Chancel|Fund||||||
|61 Central Board|ofFinance Investment||||||
|Fund units||||399|1,250|1,168|
|St Catherine<br>Memorial||Fund|||||
|1,044.49 Central|Board of||Finance Investment||||
|Fund units||||13,563|21,398|20,022|
|St Mary Fabric Fund|||||||
|56.2 Central Board of Finance Investment|||||||
|Fund units||||555|1,151|1,077|
|St Mary Fabric Fund|||||||
|4,214.18Central|Board of||Finance Investment||||
|Fund units||||4,401|7,149|6,906|
|||||18,918|30,948|29,173|





|estments<br>|(c|ontinued)||||
|---|---|---|---|---|---|
||||Historic|Fair value||
||||Cost|2020|2019|
||||6|F|8|
|Restricted|Fund|||||
|St Mary Canon White||||||
|9,234.943|Central Board ofFinance Investment|||||
|Fund shares|||14,977|15,663|15,130|
|St Mary Canon White||||||
|1,817.37 Central Board ofFinance Investment||||||
|Fund units|||22,465|37,233|34,837|
|St Mary Curates||||||
|78 Central|Board of Finance Investment|||||
|Fund units|||492|1,598|1,495|
||||37,934|54,494|51,462|
||||899,760|1,001,262|1,048,518|
|||||2020|2019|
|||||8||
|At valuation||1 January 2020||1,048,518|935,221|
|Additions||||144,784|108,124|
|Disposals||||(163,923)|(104,978)|
|Revaluation||||(28,117)|110,151|
|Fair value|at|31 December 2020||1,001,262|1,048,518|
|Cost at 31|December 2020|||899,760|903,678|





## 

|Notes|forming<br>part ofthe financial<br>statements<br>for the ye|forming<br>part ofthe financial<br>statements<br>for the ye|forming<br>part ofthe financial<br>statements<br>for the ye|ar ended 31 Dec|ar ended 31 Dec|ember 2020|(Continued)||
|---|---|---|---|---|---|---|---|---|
||Analysis of net assets by fund - 2020|||Unrestricted||Restricted|Endowment||
|||||Funds<br>6||Funds|Funds<br>Z|Totalf|
||Fixed assets|||915,820||54,494|30,948|1,001,262|
||Current assets||||90,382|78,592|2,517|171,491|
||Current<br>liabilities||||(7,645)|||(7,645)|
||Fund balance|||998,557||133,086|33,465|1,165,108|
||Analysis ofnet assets by fund - 2019|||Unrestricted||Restricted|Endowment||
|||||Funds||Funds|Funds|Total|
|||||||F|6|6|
||Fixed assets|||967,883||51,462|29,173|1,048,518|
||Current assets|||158,203||76,939|1,581|236,723|
||Current<br>liabilities||||(10,148)|||(10,148)|
||Fund balance|||1,115,938||128,401|30,754|1,275,'093|
|7|Debtors||||||||
||||||||2020|2019|
||||||||6||
||Income tax recoverable -||2020||||11,220||
||||2019||||13,308|13,308|
||||2018||||12,829|12,829|
||Other debtors||||||25,516|11,673|
||||||||62,873|37,810|
||The Gift Aid claims|for 2018and 2019were not||made|until aRer the accounts||had been finalised|for that year.|
||Investments<br>—short|term deposits|||||||
||Cash held for investment||||||28,246|64,655|
|9|Liabilities: amounts|falling|due within one year||||||
||Accruals||||||2,547|2,652|
||Other creditors||||||5,098|7,496|
||||||||7,645|10,148|





## 

|Fund details|Fund details|||||||
|---|---|---|---|---|---|---|---|
|The restricted<br>fund comprises:||Balance at<br>31 Dec2019<br>F||Income<br>f|Gains/<br>Outgoings<br>(losses)<br>f||Balance at<br>31 Dec 2020<br>F|
|Endowment||||||||
|St Mary Chancel<br>Fund<br>St Catherine<br>Memorial|Fund|1,212<br>20,604||600||80<br>1,376|1,292<br>22,580|
|St Mary Fabric Fund<br>St Mary Choirboys||8,292<br>646||266<br>4||317|8,875<br>650|
|Restricted||||||||
|St Mary Canon White<br>St Mary Curates<br>St Mary Under8oor<br>Heating<br>St Catherine<br>Memorial<br>Hall Fund||51,589<br>2,348<br>67,182<br>3||1,555<br>48|2,930<br>104<br>(2,568)||56,074<br>2,500<br>64,614<br>3|
|St Mary Chancel<br>Fund<br>St Mary Fabric Fund<br>St Mary Choirboys||1,145<br>3<br>6,131||40<br>500<br>4,799|(2,655)||1,185<br>503<br>8,275|
|||159,155||7,812|(5,223)<br>4,807||166,551|
|Fund Reconciliation||||||||
|||At||||Gains/|At|
|||1.1.2020<br>f|Income<br>f|Outgoings<br>f||(losses)<br>f|31.12.2020<br>f|
|Unrestricted<br>Funds||1,115,938|167,861|(240,338)||(44,904)|998,557|
|Restricted<br>Funds||128,401|6,942||(5,223)|3,034|133,154|
|Endowment<br>Funds||30,754|870|||1,773|33,397|
|||1,275,093|175,673|(245,561)||(40,097)|1,165,108|
|||At||||Gains/|At|
|||1.1.2019<br>f|Income|Outgoings<br>f||(losses)<br>f|31.12.2019<br>f|
|Unrestricted<br>Funds||1,008,437|227,517|(223,708)||103,692|1,115,938|
|Restricted<br>Funds||125,961|19,281||(22,898)|6,057|128,401|
|Endowment<br>Funds||26,160|934|||3,660|30,754|
|||1,160,558|247,732|(246,606)||113,409|1,275,093|





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|12|Leases|Leases|||||
|---|---|---|---|---|---|---|
||Total future<br>minimum<br>lease payments||under non-cancellable|operating|leases are as follows:||
||||||2020|2019|
||Within one year||||1,328|1,328|
||Between one|and five years|||1,992|3,320|
||||||f3,320|f4,648|
|13|Independent|Examiners'<br>Fees|||||
||Fees payable<br>Independent|in respect of:<br>examination|||1,674|1,620|
||Payroll||||311||





|Notes|forming<br>part ofth|e financial|e financial|stateme|nts<br>for the yea|r ended 31 Dec|ember 2020 (Con|ttnuedf||
|---|---|---|---|---|---|---|---|---|---|
|14|Missionary<br>and|charitable||giving||Unrestricted|Restricted|Total|Total|
|||||||funds|funds|2020|2019|
||Church overseas|||||Z||6|8|
||Missionary|Societies||||||||
||CMS|||||350||350|428|
||CARF|||||350||350|428|
||USPG|||||250||250|250|
||Christian<br>Aid|||||350||350|345|
|||||||1,300||1,300|1,451|
||Other charities|||||||||
||SSAFA||||||||750|
||Royal British||Legion||||||450|
||RAF Benevolent<br>Fund||||||||115|
||Footprints||||||||924|
||Children<br>in|Need|||||||272|
||Southwell<br>& Nottingham|||DBF|||||459|
||Viva Chamber Orchestra||||||||1,495|
||||||||||4,465|
||Local charities|||||||||
||Nottingham|8 Nottinghamshire|||Refugee Fund|1,000||1,000|1,000|
||Safe Families||for Children|||1,000||1,000|1,000|
||Jericho Road||Project|||1,000||1,000|1,000|
||Transforming||Notts Together|||1,000||1,000|1,000|
||Emmanuel|House||||1,468||1,468|3,692|
||NCC —Civic Carol Service||||||||344|
||High Sheriffs||Charity|||500||500||
|||||||5,968||5,968|8,036|
|||||||7,268||7,268|13,952|





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