## – TREASURERS REPORT 2020 As you are aware, this has been a challenging year for everyone following the outbreak of the Covid 19 pandemic with the church and the church hall complex being closed for long periods. The subsequent loss of income has led to a deficit of income against expenditure of £22100 for the year. Despite the loss of income we fulfilled our commitment to the Common Fund. ## **INCOME** Income for the year was down by £24000 after accounting for the exceptional receipts in 2019 in connection with the Church Weekend Away of £12000 and this is nearly all accounted for by the closures mentioned above. The major factor in the reduction was the loss of Hall rental income of £14,000 (shown in the accounts as receipts of church activities). The other contributory factor was the drop in collections and other giving of £7,000. The situation would have been worse had it not been for those members of the congregation who changed their method of giving either by cheque or direct bank transfer. ## **EXPENDITURE** The financial statements show a reduction in expenditure of some £43,000. However, after allowing for the exceptional items in 2019 of £24,000 in respect of roof repairs and £12,000 in respect of the Church Weekend Away a more realistic reduction in the expenditure was around £7,000. ## **THE COMING YEAR** With the continuing uncertainty caused by the Global pandemic it is hard to see an improvement in our finances over the coming year. Currently our monthly expenditure exceeds income by some £2000 per month and it is with reluctance that we have reduced our monthly commitment to the Common Fund by a similar amount and our offer to pay them £4000 per month has been accepted by the Diocese. ## **Clifford John** ## **Treasurer** ## **ST ANSELM’S CHURCH,BELMONT End of Year Financial Statements** **Year ending 31 DECEMBER 2020** _Page 1_ ## **ST ANSELM’S CHURCH, BELMONT** ## **Financial Statement of Accounts for the Year ending 31 December 2020** ## **Receipts and Payments Account** ||**General**
**Designated**
**Restricted**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**total funds**| |---|---| |**Receipts**
Planned giving
Collections and other giving
Other voluntary receipts
Gift Aid recovered
Other receipts
Activities for generating funds
Investment Income
Receipts from church activities
Memories Cafe
**Total receipts**
**Payments**
Cost of generating funds
Missionary and Charitable Giving
Parish Share
Clergy and Staffing costs
Church Running Expenses
Hall Running Costs
Church Repairs & Maintenance
Hall Repairs & Maintenance
New Building work
Governance Costs
Memories Cafe
Running Costs of 116
**Total payments**
**Surplus for the year**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Excess of receipts over payments before other**
**gains / losses**
**Net movement in funds after transfers**
**Total funds brought forward**
**Total funds carried forward**
**Represented by**
**Unrestricted**
General fund
**Designated**
Breathe Retreat
Church Running Costs
Discipleship
Memories Cafe
Mission Action Plan
Music Tuition|46,639
—
—
46,639
48,222
1,822
—
—
1,822
9,077
6,580
—
—
6,580
6,408
12,683
—
—
12,683
13,310
—
—
—
—
—
—
—
—
—
—
16,000
9
1
16,011
16,826
18,570
—
—
18,570
44,755
—
—
—
—
—| ||**102,296**
**9**
**1**
**102,307**
**138,600**
—
—
—
—
12,330
—
—
—
—
448
76,200
—
—
76,200
73,966
9,077
—
—
9,077
13,108
31,883
—
—
31,883
31,458
6,078
—
—
6,078
8,884
—
—
—
—
24,823
—
—
—
—
1,100
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
1,158
—
—
1,158
1,042| ||**124,397**
**—**
**—**
**124,397**
**167,161**| ||**(22,100)**
**9**
**1**
**(22,089)**
**(28,560)**
—
—
—
—
—
—
—
—
—
—| ||**(22,100)**
**9**
**1**
**(22,089)**
**(28,560)**| ||**(22,100)**
**9**
**1**
**(22,089)**
**(28,560)**| ||**513,869**
**10,864**
**5**
**524,739**
**553,299**| ||**491,768**
**10,873**
**7**
**502,649**
**524,739**
491,768
—
—
491,768
513,869
—
—
—
—
—
—
8,037
—
8,037
8,030
—
0
—
0
0
—
—
—
—
—
—
824
—
824
824
—
2,011
—
2,011
2,010| **Restricted** Agency collection _Page 2_ Ghanian School Project Memories Cafe — 7 7 — ## **Balance sheet** |**Class and code**
**Description**|**This year**
**Last year**| |---|---| |**Fixed assets**
6602
116 Uppingham Avenue
**Total Fixed assets**
**Current assets**
6501
Bank current account
6505
Bank deposit account
6506
HSBC Interest Account
6507
Friends of St Anselms
6590
Cash in hand
6595
Petty Cash
**Total Current assets**
**Liabilities**
6601
Loans received
6603
Deposit on 116 Uppingham
6604
Hall Deposits
6699
Agency collections
**Total Liabilities**
**Net Asset surplus(deficit)**
**Reserves**
Excess / (deficit) to date
Z01
Starting balances
Z02
Gains/(losses) on investment assets
**Total Reserves**
**Represented by funds**
Unrestricted
Designated
Restricted
Endowment
**Total**|475,000
475,000| ||**475,000**
**475,000**
15,531
35,965
—
—
12,387
13,376
603
1,196
434
100
50
50| ||**29,007**
**50,689**
—
—
850
850
100
100
408
—| ||**1,358**
**950**| ||**502,649**
**524,739**| ||(22,089)
(6,212)
524,739
530,951
—
—| ||**502,649**
**524,739**
491,768
513,869
10,873
10,864
7
5
—
—| ||**502,649**
**524,739**| ## **Fund movement by type** ||**Opening**
**Incoming**
**Outgoing**
**Transfers Gains/losses**
**Closing**| |---|---| |**Breathe - Breathe Retreat**
Designated
**Sub-total for Breathe**
**Cafe - Memories Cafe**
Designated
Restricted
**Sub-total for Cafe**|—
—
—
—
—
—| ||**—**
**—**
**—**
**—**
**—**
**—**
—
—
—
—
—
—
—
—
—
—
—
—| ||**—**
**—**
**—**
**—**
**—**
**—**| _Page 3_ |**Ghana - Ghanian School Proje**
Restricted
**Sub-total for Ghana**
**MAP - Mission Action Plan**
Designated
**Sub-total for MAP**
**Music - Music Tuition**
Designated
**Sub-total for Music**
**Running - Church Running Costs**
Designated
**Sub-total for Running**
**General - General fund**
Unrestricted
**Sub-total for General**
**Grand total**|5
1
—
—
—
7| |---|---| ||**5**
**1**
**—**
**—**
**—**
**7**

824
0
—
—
—
824| ||**824**
**0**
**—**
**—**
**—**
**824**

2,010
1
—
—
—
2,011| ||**2,010**
**1**
**—**
**—**
**—**
**2,011**
8,030
7
—
—
—
8,037| ||**8,030**
**7**
**—**
**—**
**—**
**8,037**

513,869
102,296
124,397
—
—
491,768| ||**513,869**
**102,296**
**124,397**
**—**
**—**
**491,768**| ||**524,739**
**102,307**
**124,397**
**—**
**—**
**502,649**| ## **Analysis of receipts and payments** ||||||**Total**|| |---|---|---|---|---|---|---| ||**Unrestricted**|**Designated**|**Restricted**|**Endowment**|**This year**|**Last year**| |**INCOME AND ENDOWMENTS**||||||| |**Planned giving**||||||| |Gift Aid - Bank|42,909|—|—|—|42,909|40,614| |Gift Aid - Envelopes|3,730|—|—|—|3,730|7,322| |Other planned giving|—|—|—|—|—|285| |Total|46,639|—|—|—|46,639|48,222| |**Collections and other giving**||||||| |Loose plate collections|802|—|—|—|802|3,935| |Regular gift days|—|—|—|—|—|—| |One-off Gift Aid gifts|1,020|—|—|—|1,020|5,142| |Total|1,822|—|—|—|1,822|9,077| |**Other voluntary receipts**||||||| |Giving through church boxes|—|—|—|—|—|5| |Gifts of quoted securities|—|—|—|—|—|—| |Donations appeals etc|6,580|—|—|—|6,580|2,215| |Legacies|—|—|—|—|—|—| |Recurring grants|—|—|—|—|—|—| |Non-recurring one-off grants|—|—|—|—|—|4,187| |Total|6,580|—|—|—|6,580|6,408| |**Gift Aid recovered**||||||| |Tax recoverable on Gift Aid|12,683|—|—|—|12,683|13,310| |Total|12,683|—|—|—|12,683|13,310| _Page 4_ |**Investment Income**
Dividends
Bank and building society interest
Rent from lands or buildings
Total
**Receipts from church activities**
Fees for weddings and funerals
Bookstall sales to promote objectives
Church hall lettings -Fund Raising
Tots Music Time
Church external events/outings
Total
**Memories Cafe**
Donations Memories Cafe
Cafe Grants
Total|—
—
—
—
—
—
—
9
1
—
11
26
16,000
—
—
—
16,000
16,800| |---|---| ||16,000
9
1
—
16,011
16,826
493
—
—
—
493
377
—
—
—
—
—
—
17,956
—
—
—
17,956
31,826
76
—
—
—
76
526
45
—
—
—
45
12,026| ||18,570
—
—
—
18,570
44,755
—
—
—
—
—
—
—
—
—
—
—
—| ||—
—
—
—
—
—| |**INCOME TOTAL**|102,296
9
1
—
102,307
138,600| |**EXPENDITURE**
**Cost of generating funds**
Fees paid to fund raisers
—
—
—
—
—
—
Costs of applying for grants
—
—
—
—
—
—
Costs of stewardship campaign
—
—
—
—
—
—
Costs of fetes & other events
—
—
—
—
—
—
Investment management costs
—
—
—
—
—
—
Bookstall costs
—
—
—
—
—
—
Church external events/outings
—
—
—
—
—
12,330
Total
—
—
—
—
—
12,330
**Missionary and Charitable Giving**
Giving to missionary societies
—
—
—
—
—
—
Giving - relief and development
agencies
—
—
—
—
—
448
Home mission
—
—
—
—
—
—
Secular charities
—
—
—
—
—
—
Total
—
—
—
—
—
448
**Parish Share**
Common Fund
76,200
—
—
—
76,200
73,966
Ministry parish share etc
—
—
—
—
—
—
Total
76,200
—
—
—
76,200
73,966
**Clergy and Staffing costs**
Assistant staff costs
—
—
—
—
—
120
Salary of parish administrator
4,283
—
—
—
4,283
8,122
Working expenses of incumbent
2,400
—
—
—
2,400
2,400
Council tax
—
—
—
—
—
—|—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
12,330| ||—
—
—
—
—
448
76,200
—
—
—
76,200
73,966
—
—
—
—
—
—| ||76,200
—
—
—
76,200
73,966
—
—
—
—
—
120
4,283
—
—
—
4,283
8,122
2,400
—
—
—
2,400
2,400
—
—
—
—
—
—| _Page 5_ |Parsonage house expenses
Water rates - vicarage
Parsonage - water
Vicar's telephone
Visiting speakers / locums
Total
**Church Running Expenses**
Education
Parish training and mission
Church running - insurance
Church office - telephone
Organ / piano tuning
Music
Church maintenance
Cleaning
Upkeep of services
Upkeep of churchyard
Refreshments
Administration
Church running - electric
Church running - gas
Church running - water
Church running - oil
Church running - heating and lighting
Magazine expenses
Tots Music Time
Youth church entertainment
Garden of Remembrance plaques
Ministry (Refreshments)
Ecumenical Ministry
Bank Charges
Donations
Total
**Hall Running Costs**
Hall running - oil
Hall running - electricity
Hall running - gas
Hall running - insurance
Hall running - maintenance
Hall running - telephone
Hall running - water
Hall running - heating and lighting
Total
**Church Repairs & Maintenance**
Church major repairs - structure
Church major repairs - installation
Church interior and exterior
decorating
Total
**Hall Repairs & Maintenance**
Hall + major repairs - structure
Hall + major repairs - installation
Hall + interior and exterior decorating
Total|702
—
—
—
702
1,030
334
—
—
—
334
215
38
—
—
—
38
—
898
—
—
—
898
791
421
—
—
—
421
430| |---|---| ||9,077
—
—
—
9,077
13,108
1,255
—
—
—
1,255
75
—
—
—
—
—
—
2,830
—
—
—
2,830
2,832
432
—
—
—
432
265
—
—
—
—
—
—
—
—
—
—
—
—
3,854
—
—
—
3,854
3,883
4,291
—
—
—
4,291
3,820
783
—
—
—
783
1,539
—
—
—
—
—
362
90
—
—
—
90
573
8,672
—
—
—
8,672
7,096
1,522
—
—
—
1,522
2,360
1,800
—
—
—
1,800
3,446
269
—
—
—
269
181
—
—
—
—
—
—
—
—
—
—
—
453
—
—
—
—
—
—
2,186
—
—
—
2,186
2,100
—
—
—
—
—
21
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
12
3,892
—
—
—
3,892
2,433| ||31,883
—
—
—
31,883
31,458
—
—
—
—
—
—
1,522
—
—
—
1,522
2,360
1,800
—
—
—
1,800
3,446
2,343
—
—
—
2,343
2,529
—
—
—
—
—
100
—
—
—
—
—
—
411
—
—
—
411
448
—
—
—
—
—
—| ||6,078
—
—
—
6,078
8,884
—
—
—
—
—
24,823
—
—
—
—
—
—
—
—
—
—
—
—| ||—
—
—
—
—
24,823
—
—
—
—
—
1,100
—
—
—
—
—
—
—
—
—
—
—
—| ||—
—
—
—
—
1,100| _Page 6_ |**Running Costs of 116**
Other PCC property upkeep
Total|1,158
—
—
—
1,158
1,042| |---|---| ||1,158
—
—
—
1,158
1,042| |**EXPENDITURE TOTAL**|124,397
—
—
—
124,397
167,161| ||| |**GRAND TOTAL**|(22,100)
9
1
—
(22,089)
(28,560)| ## **Notes 1-5** **1. Electricity split 50/50 between Church and Church Hall** **2. Gas split 50/50 between Church and Church Hall** **3. Water Rates split 50/50 between Church and Church Hall** **4. Buildings and Contents Insurance split 50/50 between Church and Church Hall** **5. In some cases, figures have been rounded by the Accounting System (pence not shown** ## **This report dated 19[th] January 2021** ## **CLIFFORD JOHN TREASURER** **These Accounts were approved by the trustees on** _Page 7_ Independent Examinefs report to the membersltrustees of st.4nsel￿.'s ChLirch I report on in& ￿cOunts tor th8 year enaea 31" Ue¢emLw 2U20 wN¢h set out on the page 3to8 ￿espe￿]ve responsitsiiitits 01 Ihe I ru$teeJ ana Inaaponaent Examlner AS iW818g oi ine cnanry. Ing memo•r ol thg we r8sponsible torll* pw*fjlk>n of ts acco￿ Th¢y consid8r ittat 8u¢Jii ￿ nt>i toi ti#s yw 144(21 ot tho Ow'i￿ Act 2011 (the 2011 Act) ond that 8n ind8pendènl 8xamln8tion r￿￿ded. 11 15 mv respon￿r￿.11￿1, lo examina thè 8¢eounls under Sèction 145 01 Ihg aJ11 Act. lollow the proC￿U￿S l*d down in the fAne4al Ditwtlon8 grvffi by I￿ C*wity Commi88K)ners 1WSKbl of 2011 A£t: B88is of kndeDenrJenl ExaM1r￿￿6 St8ttrmenl My examlnatlon wa5 cwrfe(l oul accorda￿• vllh th8 G8n8ral Dlwllong olvan bv th• Charftv ommis$ion. An examln8tiDn Inclthltss wiew ol ￿￿Llrrt4Ilg recO￿S kapt by ltr￿ wvj compwi80n of th8 a¢¢ounl$ pragoniod wSth thoBe reconJ#. Irt1￿1￿$ cons￿￿￿110n of any Unusu￿ items or dI5closures In tha accounts, and 8e8klng explanatlons from th8 managgm8nl commllt*8 ¢oncwnlr Any sucn mattars. I￿ proceour8B unoartaken do not prov￿$ 911 Iho wldence that would be r8qulred In 8 lull 8vdil', and corvaequenllv, I do not 8xDfèss an audlt oJ)inlon on th8 account8. Indep•nd•nt E￿TrIn•r.s Sl¥•monl In ¢onnBction wlh my &xwnlnalion, no matler ha8 comelo my atlenlion.. 1. Ythlch giije me reasonable cause lo bdiave that in any malwial re3pecl tha 18q￿mM$￿t$ to keep ￿coUnting T￿OrdS in accor¢ance soctba 130 of thg 2011 Act.. or 2. to which. in my opinion, attention shoukl bedra￿￿ In 0￿0r to enable a propw under8landing of the accounts to b? rgached. hah FCCA 189 Konmor8 Avenue, HA3 8P8 20th April 2021