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|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||||
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||||||||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|
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|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|