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2020-12-31-accounts

Worship continues
in its normal
pattern,
namely:		 Worship continues
in its normal
pattern,
namely:		 Worship continues
in its normal
pattern,
namely:		 Worship continues
in its normal
pattern,
namely:
Sunday 8am Holy Communion
9.15am Morning
Prayer
10.30am Solemn Mass
Monday 12.30pm Low Mass (livestreamed only)
6 pm Choral Evensong (term-time)
Wednesday 12.30pm Holy Communion
Thursday 6pm Choral Evensong (term-time)
Friday 12.30pm Low Mass

2020 2019
Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
Notes F F F
INCOME AND
ENDOWMENTS
FROM
Donations
and legacies		 3 57,855 94,100 151,955 124,049
Funds from church activities 4 12,582 12,582 22,457
Investment
income		 5 13,947 13,947 14,219
Total 84,384 94,100 178,484 160,725
EXPENDITURE ON
Raising funds (1,491) 1,170 (321) (3,385)
Charitable
activities
Charitable
activities		 51,847 50,659 102,506 119,284
Management
and
administration 10,561 10,561 16,333
Other 932 932 932
Total 61,849 51,829 113,678 133,164
Net gains/(losses)
investments		 on ~236) ~542) 14,289 13,511 44,053
NET INCOME 22,299 41,729 14,289 78,317 71,614
Transfers
between		 funds 2D ~1,744) 1,744
Net movement
in		 funds 20,555 43,473 14,289 78,317 71,614
RECONCILIATION OF
FUNDS
Total funds brought forward 139,454 244,400 183,731 567,585 495,971
TOTAL FUNDS CARRIED
FORWARD 160,009 287,873 198,D26 645,9D2 567,585

2020 2019
Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
Notes F F F
FIXEDASSETS
Tangible assets 13 2,592 2,592 3,524
Investments
Investments 14 56,191 127,511 198,020 381,722 345,036
Investment
property		 15 170,000 170,000 170,000
228,783 127,511 198,020 554,314 518,560
CURRENT ASSETS
Debtors 16 338 338 5,997
Cash at bank 77,980 160,562 238,542 199,925
78,318 160,562 238,880 205,922
CREDITORS
Amounts
falling due within one
year 17 (147,092) (200) (147,292) (156,897)
NET CURRENT ASSETS ~66,774i 166,362 91,588 49,025
TOTAL ASSETS LESS
CURRENT LIABILITIES 160,009 287,873 198,020 645,902 567,585
NET ASSETS 160,009 287,873 198,020 645,902 567,585

2020 2019
Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
Notes F f.
FUNDS 20
Unrestricted
funds:
General
fund		 (29,907) (51,207)
Property
Revaluation		 Reserve 115,000 115,000
Valerie Travis Music Fund 66,109 66,854
Reserves
policy		 8,807 8,807
160,009 139,454
Restricted funds:
Fabric Fund 198,847 200,038
Nora Moore Bequest 39,167 39,688
Bell Fund 2,364 2,264
St Peters 30 30
Peterborough
Diocese - Mission Grant		 2,380 2,380
West Organ Restoration fund- Bernard 45,085
Sunley Foundation
287,873 244,400
Endowment
funds:
Permanent
Endowment		 Fund 172,385 158,731
FCM Boys' Choir Endowment Fund 25,635 25,000
198,020 183,731
TOTAL FUNDS 645,8D2 567,585

2020 2019
F
Collections 50,728 52,720
Gift Aid recoverable (5,809) 11,329
Legacies 5,000
Grants 102,891 45,000
Scholarship 4,145 10,000
151,955 124,D49
Grants received, included in the above, are as follows:
2020 2019
F F
Constance
Travis Settlement		 20,000 20,000
Friends ofCathedral Music 25,000
DCMS 3,891
Bernard Sunley Foundation 68,000
Davidge Usher Trust 5,000
Ouseley Church 6,000
1D2,891 45,DDD
4. FUNDS FROM CHURCH ACTIVITIES
2020 2019
Coffee shop rent 10,820 19,009
Coffee shop recharges 1,762 2,408
Fees 1,040
12,582 22,457
5. INVESTMENT INCOME
2020 2019
f.
Rents received (York Road) 7,800 7,200
Interest and dividends 6,147 7,019
13,947 14,219

Investment
management		 costs
2020 2019
Portfolio management 1,679 1,735
Property costs - York Road (2,000) (5,120)
321 3,385
CHARITABLE ACTIVITIES COSTS
Direct Grant
Costs (see funding of Support
note 8) activities costs Totals
Charitable
activities		 96,571 5,900 35 102,506
Management
and administration		 7,470 3,091 10,561
104,D41 6,90D 3.126 113,067
DIRECT COSTS OF CHARITABLE ACTIVITIES
2020 2019
F F
Advertising 257 480
Diocesan Parish Share 20,000 50,000
Service expenses
Music expenses		 2,095
25,664		 4,574
31,018
Organ and piano expenses 24,367 1,381
Church
running
expenses		 16,216 30,181
Church maintenance 7,972 1,650
Administration
- printing,		 stationery, telephone etc. 7,470 9,755
104,D41 129,039

INDEPENDENT
EXAMINERS' R		 EMUNERATION
2019 2018
F F
Fees payable to the Independent
statements		 Examiner for the examination ofthe financial 1,6DD 1,620

The average
monthly
number o		 femp loyees
during the year		 was as follows:
2020 2019
Employees 2 2
No employees
received emoluments		 in excess off60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Endowment Total
funds
f		 funds
f		 funds
f		 fundsf
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 79,033 20,016 25,000 124,049
Funds from church activities 22,417 40 22,457
Investment
income		 14,218 1 14,219
Total 115,668 20,057 25,000 160,725
EXPENDITURE ON
Raising funds (4,584) 1,199 (3,385)
Charitable
activities
Charitable
activities		 97,404 21,880 119,284
Management
and administration		 16,333 16,333
Other 932 932
Total 110,085 23,079 133,164
Net gains on investments 5,290 11,835 26,928 44,053
NET INCOME 10,873 8,813 51,928 71,614
Transfers
between funds		 ~1,879) 1,879
Net movement
in funds		 8,994 10,692 51,928 71,614
Pae16 continued. ..

12. COMPARATIVES FOR THE STATEMENT COMPARATIVES FOR THE STATEMENT COMPARATIVES FOR THE STATEMENT OF FINANCIAL OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Endowment Total
funds funds funds funds
F F F
RECONCILIATION
OF FUNDS
Total funds brought forward 130,460 233,708 131,803 495,971
TOTAL FUNDS CARRIED FORWARD 138,454 244,400 183,731 587,585
13. TANGIBLE FIXEDASSETS
Music and
computer
equipment
F
COST
At 1 January 2020 and 31 December 2020 7,540
DEPRECIATION
At 1 January 2020 4,016
Charge for year 932
At 31 December 2020 4,948
NET BOOK VALUE
At 31 December 2020 2,592
At 31 December 2019 3,524
14. FIXEDASSET INVESTMENTS
Listed
investments
F
MARKET VALUE
At 1 January 2020 345,036
Additions 25,000
Disposals (1,825)
Revaluations 13,511
At 31 December 2020 381,722
NET BOOK VALUE
At 31 December 2020 381,722
At 31 December 2019 345,036
There were no investment assets outside the UK.
Included
within the above		 is cash ofF8,281 (2019:F6,944).
Page 17 continued. ..

INVESTMENT PROPERTY
FAIR VALUE
At 1 January 2020
and 31 December 2020 170,000
NET BOOK VALUE
At 31 December 2020 170,000
At 31 December 2019 170,000

DEBTORS:AMOUNT S
F		 ALLING DUE WITHIN ONE YEAR
2020 2019
F
Prepayments
and accrued		 income 216 187
Other debtors 122 5,810
338 5,997
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
F
Bank loans and overdrafts (see note 18) 140,292 147,547
Trade creditors 1,292 1,918
PAYE 8 NIC 246 2,026
Other creditors 3,607 3,607
Accruals and deferred income 1,855 1,799
147,292 156,897

An analys is
ofthe maturity
ofloans is given below:
2020 2019
F F
Amounts falling due within one year on demand:
Bank overdraRs 140,292 147,547
Minimum
lease payments
under non-cancellable
opera		 ting
leases fall due as follows:
2020 2019
F
Within one year 1,665 1,664
Between one and five years 832 2,497
2,497 4,161

MOVEMENT IN FU N DS
Net Transfers
movement between At
At 1/1/20
F		 in funds funds
f		 31/12/20
F
Unrestricted funds
General
fund		 (51,207) 23,044 (1,744) (29,907)
Property
Revaluation		 Reserve 115,000 115,000
Valerie Travis Music Fund 66,854 (745) 66,109
Reserves
policy		 8,807 8,807
139,454 22,299 (1,744) 160,009
Restricted funds
Fabric Fund 200,038 (1,191) 198,847
Nora Moore Bequest 39,688 (521) 39,167
Bell Fund 2,264 100 2,364
St Peters 30 30
Constance Travis Charitable Trust Fund (1,844) 1,844
Peterborough
Diocese - Mission Grant		 2,380 2,380
West Organ Restoration fund- Bernard
Sunley Foundation 45,085 45,085
Organ Scholarship
Church		 Fund - Ouseley 100 ~1001
244,400 41,729 1,744 287,873
Endowment funds
Permanent Endowment Fund 158,731 13,654 172,385
FCM Boys' Choir Endowment Fund 25,000 635 25,635
183,731 14,289 198,020
TOTAL FUNDS 567,585 78,317 645,802

Net moveme nt
in fu		 nds, inclu d ed
in the abov		 e are as follows:
Incoming Resources Gains and Movement
resources expended
F		 losses in funds
f
Unrestricted funds
General
fund
Valerie Travis Music Fund		 84,384 (61,340)
~509)		 ~236) 23,044
~745)
84,384 (61,849) (236) 22,299
Restricted funds
Fabric Fund (814) (377) (1,191)
Nora Moore Bequest (356) (165) (521)
Bell Fund 100 100
Constance Travis Charitable Trust Fund 20,000 (21,844) (1,844)
West Organ Restoration fund- Bernard
Sunley Foundation 68,000 (22,915) 45,085
Organ Scholarship
Church		 Fund - Ouseley 6,000 ~5,900) 100
94,100 (51,829) (542) 41,729
Endowment funds
Permanent Endowment Fund 13,654 13,654
FCM Boys' Choir Endowment Fund 635 635
14,289 14,289
TOTAL FUNDS 178,484 )113,678) 13,511 78,317

Comparativ es
for m		 ov ement in funds
Net Transfers
movement between At
At 1/1/19
f		 in funds
f		 funds
f		 31/12/19
f
Unrestricted
funds
General
fund		 (46,640) 6,119 (10,686) (51,207)
Property
Revaluation		 Reserve 115,000 115,000
Valerie Travis Music Fund 62,100 4,754 66,854
Reserves
policy		 8,807 8,807
130,460 10,873 (1,879) 139,454
Restricted funds
Fabric Fund 192,639 7,399 200,038
Nora Moore Bequest 36,451 3,237 39,688
Bell Fund 2,208 56 2,264
St Peters 30 30
Constance Travis Charitable Trust Fund (1,879) 1,879
Peterborough
Diocese - Mission Grant		 2,380 2,380
233,708 8,813 1,879 244,400
Endowment funds
Permanent Endowment Fund 131,803 26,928 158,731
FCM Boys' Choir Endowment Fund 25,000 25,000
131,803 51,928 183,731
TOTAL FUNDS 495,971 71,614 567,555

Comparative net movem ent
i		 n funds,
include		 d
in the abov		 e are as follows:
Incoming Resources Gains and Movement
resources
F		 expended
f		 losses
F		 in funds
F
Unrestricted funds
General
fund
Valerie Travis Music Fund		 115,668 (109,549)
~536)		 5,290 6,119
4,754
115,668 (110,085) 5,290 10,873
Restricted funds
Fabric Fund (834) 8,233 7,399
Nora Moore Bequest (365) 3,602 3,237
Bell Fund 56 56
Constance Travis Charitable Trust Fund 20,001 ~21,886) ~1,879)
20,057 (23,079) 11,835 8,813
Endowment funds
Permanent Endowment Fund 26,928 26,928
FCM Boys' Choir Endowment Fund 25,000 25,000
25,000 26,928 51,928
TOTAL FUNDS 16D,725 )133,164) 44,053 71,614
Funds information:
The designated
and restricted		 funds are for the following purposes:

Minimum
lease receipts under non-cancellable
operatin		 g
leases fall due as follows:
2020 2019
F
Within one year 9,000 7,650
Between one and five years 6,750 6,750
In more than five years
6750 14 400