2020-12-31-accounts

Contents:	Contents:		Page
Trustees' Report			1 —5
Independent	Examiner's	Report	6
Statement of	Financial	Activities	7
Balance Sheet			8
Notes to the	Financial Statements		9 —14
Appendix 1

							TOTAL	ACTUAL
				Unrestricted	Restricted	Endowment	FUNDS	YEAR TO
				Funds	Funds	Funds	31/12/20	31/12/19
			Note	E	E
INCOIIING RESOURCES
Voluntary income			2(a)	74,913	65,632		140,545	89,866
Activities for generating funds			2(b)	464	70		534	3,450
Income from investments			2(c)	768		17,107	17,875	18,367
Church activities			2(d)	4,013			4,013	14,064
TOTAL INCOMING RESOURCES				80,158	65,702	17,107	162,967	125,747
RESOURCES EXPENDED
Cost ofgenerating voluntary	income		3(a)
Fund-raising costs			3(b)					148
Church activities			3(c)	89,628	23,932	5,886	119,446	128,021
TOTAL RESOURCES EXPENDED				89,628	23,932	5,886	119,446	128,169
NET (OUTGOING)/INCOIIING
RESOURCES BEFORE OTHER
RECOGNISED GAINS AND	LOSSES			(9,470)	41,770	11,221	43,521	(2,422)
(Losses) / Gains on investment		assets:
On revaluation						35,722	35,722	84,725
NET MOVEMENT IN FUNDS				(9,470)	41,770	46,943	79,243	82,303
NET MOVEMENT BETWEEN		FUNDS		14,326	(3,105)	(11,221)
BALANCES BROUGHT FORWARD AT
1 JANUARY 2020				297,583	6,649	558,548	862,780	780,477
BALANCES CARRIED FORWARD AT
31 DECEMBER 2020				302,439	45,314	594,270	942,023	862,780

as at 31 Decembe	r	2020
				31-Dec	31-Dec
				2020	2019
			Note		E
FIXEDASSETS
Investments			5	594,270	558,548
CURRENT ASSETS
Debtors				3,322	2,613
Short term deposits				295,975	275,223
Cash at bank and	in	hand		53,285	32,233
				352,582	310,069
LIABILITIES
Creditors - amounts		falling due within one year		4,829	5,837
NET CURRENT ASSETS				347,753	304,232
TOTAL NET ASSETS				942,023	862,780
FUNDS
Unrestricted			8, 9(a)	302,439	297,583
Restricted			8, 9(b)	45,314	6,649
Endowment			8, 9(c)	594,270	558,548
				942,023	862,780

2	INCOMING RESOURCES	INCOMING RESOURCES						TOTAL	ACTUAL
					Unrestricted	Restricted	Endowment	FUNDS	YEAR TO
					Funds	Funds	Funds	31/12/20	31/12/19
						F	F	F	F
2(a)	Voluntary income
	Planned giving:
	- Gift Aid donations				56,282			56,282	52,009
	-tax recoverable				13,444			13,444	13,091
	Collections (open plate)				1,070			1,070	5,291
	Collections (specific	charitable)				317		317	2,258
	Legacies // large donations				1,000	25,000		26,000	375
	Grants - Cambridge	City Council, Church Schools				2,000		2,000	200
	Community Fridge -	CCF grant+ donations				9,129		9,129
	Small donations				3,117			3,117	1,303
	Donations for SANG	Project				62		62	214
	Donations to Vicar's	Discretionary		Fund		9,986		9,986	825
	CBStransfer Sherriff	legacy				4,838		4,838
	Ely 2025 Growth Fund grant					14,300		14,300	14,300
					74,913	65,632		140,545	89,866
2(b)	Activities for generating		funds
	Fund raising
	-fetes, fairs, jumble	sales,	etc		354	70		424	2,147
	-after church coffee				110			110	1,303
					464	70		534	3,450
2(c)	Income from investments
	Dividends and interest including
	tax recoverable				768		17,107	17,875	18,367
					768		17,107	17,875	18,367
2(d)	Income from church activities
	Church hall lettings				2,831			2,831	10,109
	Church lettings				650			650	1,910
	Fees				521			521	1,978
	Magazine income				11			11	67
	Bookstall
					4,013			4,013	14,064
	TOTAL INCOMING	RESOURCES			80,158	65,702	17,107	162,967	125,747

	RESOURCES EXPENDED	RESOURCES EXPENDED	RESOURCES EXPENDED					TOTAL	ACTUAL
					Unrestricted	Restricted	Endowment	FUNDS	YEAR TO
					Funds F	Funds f	Funds	31/12/20 F	31/12/19
3(a)	Cost ofgeneration ofvoluntary			income
	Planned Giving Stationery
3(b)	Fund raising costs
	Advertising								108
	Coffee costs
	Arbury Carnival costs								40
	Ceilidh band
									148
3(c)	Church activities
	Missionary and charitable		giving -	overseas	1,308			1,308	2,258
	Missionary and charitable		giving -	home	1,308	387		1,695	3,193
	Ministry - Diocesan parish		share		59,494			59,494	57,039
	Ministry - other ministry costs				1,842			1,842	2,509
	Church running and maintenance				9,823			9,823	11,340
	Church heating repairs				3,300			3,300	8,122
	Church fabric repairs				234			234
	Church Hall fabric repairs		- kitchen		2,585	1,000		3,585	2,058
	Capital Fund - (2019	mobile bookcase)							326
	Organist								3,996
	Church hall running costs				6,547			6,547	10,188
	Folding tables and chairs
	Printing and stationery				2,789			2,789	3,172
	Parish development								204
	Parish magazine
	Memorial Garden
	SANG project					333		333	628
	Music in church								160
	Children's Groups				294			294	528
	Youth for Christ						5,886	5,886	5,700
	Survey costs								(72)
	Electrical survey
	Website running costs								197
	Children's altar flowers
	Discretionary fund					1,577		1,577	197
	Church flowers
	Knitting fund
	Holiday lunches				17	160		177	515
	Literacy Project costs								1,517
	COVID-19 relief work					1,000		1,087
	Community Fridge					5,291		5,291
	Community Chaplain	salary costs				14,184		14,184	14,246
					89,628	23,932	5,886	119,446	128,021
	TOTAL RESOURCES EXPENDED				89,628	23,932	5,886	119,446	128,169

RESOURCES EXPENDED	continued						TOTAL	TOTAL
			Unrestricted		Restricted	Endowment	FUNDS	FUNDS
				Funds	Funds	Funds	31/12/20	31/12/19
				F	E
Missionary and charitable	giving - overseas
Build Africa								1,107
DEC Coronavirus Appeal				1,308			1,308
				1,308			1,308	1,107
Missionary and charitable	giving - home
Bone Cancer Research Trust								125
Rowan								52
The Children's Society				1,308	317		1,625	1,834
Turtle Dove								145
St David's Foundation					70		70	88
Angel Tree Cambridge								70
Cambridge Churches Homeless		Project						285
CLC Parenting Course								1,107
MAGPAS								183
Mind								59
				1,308	387		1,695	3,948
STAFF COSTS AND RELATED		PARTY TRANSACTIONS					2020	2019
								E
Wages and salaries							13,000	13,000
Social security costs
Pension costs							204	189
							13,204	13,189
The PCC employed the part-time		Community	Chaplain	from September 2018.
FIXEDASSETS							2020	2019
								E
Investments
Market value at 1 January							558,548	473,823
Annual revaluation							35,722	84,725
Market value at 31 December							594,270	558,548

for th	e year ended 31 De	cem	b	er 2020
							2020	2019
								E
6	DEBTORS (unrestricted			funds)
	Income tax recoverable						2,095	1,800
	Other debtors						1,227	813
							3,322	2,613
7	LIABILITIES - amounts		falling due within one year (unrestricted		funds)
	Accruals of utility and	other costs					4,829	5,837
							4,829	5,837
8	ANALYSIS OF NET	ASSETS BYFUND						Total
				Unrestricted		Restricted	Endowment	Funds
					Fundsf	Funds F	Funds F	2020
	Investment Fixed Assets						594,270	594,270
	Current Assets			307,268		45,314	—	352,582
	Liabilities - amounts	falling		due within one year	(4,829)			(4,829)
				302,439		45,314	594,270	942,023
9	FUND DETAILS					Fabric	Director
				Capital	Charity	Fund	of Music	Etterbeek
9(a)	UNRESTRICTED FUNDS			E
	Balance at 1 January			274,748	2,615	5,621		'l00
	Receipts			1,000
	Payments				(2,615)	(6,119)
	Transfers				2,814
	Transfer from endowment			income		11,221
	Balance at 31 December			275,748	2,814	10,723		100
				Music in	General
				Church	Reserve			TOTAL
				E	F
	Balance at 1 January			300	14,199			297,583
	Receipts				79,158			80,158
	Payments				(80,894)			(89,628)
	Transfers				291			3,105
	Transfer from endowment			income				11,221
	Balance at 31 December			300	12,754			302,439

for th	e year ended 31 Decemb	er 2020
					Ely 2025
			Community	Charity	Growth	Fund		Music in
			Fridge	Events		Grant	Etterbeek	Church	Organ
9(b)	RESTRICTED FUNDS			E		F		E
	Balance at 1 January					80	66	227	981
	Receipts		9,129	387	14,300
	Payments		(5,291)	(387)	(14,184)
	Transfers		(3,105)
	Balance at 31 December		733			196	66	227	981
			City					Children' s	West
			Council	Children' s			Memorial	Altar	End
			Grants	Groups	Flowers		Garden	Flowers	works
				F					E
	Balance at 1 January					283	20	6	1,225
	Receipts		2,000			4,838
	Payments		(2,000)
	Transfers					6		(6)
	Balance at 31 December					5,127	20		1,225
							Hall	Vicar's
			Knitting	SANG	Holiday		Refurb	Discretionary
			Fund	Project	Lunch	Fund	Fund	Fund	TOTAL
						E	E		E
	Balance at 1 January		59	2,742		160		800	6,649
	Receipts			62			25,000	9,986	65,702
	Payments			(333)		(160)		(1,577)	(23,932)
	Transfers								(3,105)
	Transfer from endowment	income
	Balance at 31 December		59	2,471			25,000	9,209	45,314

	Endowment	Endowment	Total	Total
	Capital	Income	2020	2019
Balance at 1 January	558,548		558,548	473,823
Receipts		17,107	17,107	16,768
Movement in market value	35,722		35,722	84,725
Transfer to Fabric Fund		(11,221)	(11,221)	(10,936)
Youth Worker		(5,886)	(5,886)	(5,700)
Survey costs and parish development				(132)
Electrical inspection
Balance at 31 December	594,270		594,270	558,548

	2020	2019
Flower fund
This fund is not a trustee account ofthe PCC
Balance at 1 January	61	126
Donations	145	356
Payments for flowers	44	421
Balance at 31 December	162	61

Balance	at 1 January	6,827	6,777
Interest	received	29	50
Balance	at 31 December	6,856	6,827