## **Report of the Trustees and Financial Statements**
**for the year ended**
**31st December 2020**
**Ecumenical Church Council of Christchurch Clevedon**
## **For the Year ended 31st December 2020**
## **Contents**
|Report of the Trustees|3 to 7|
|---|---|
|Independent Examiner's Report|8|
|Statement of Financial Activities|9|
|Balance Sheet|10|
|Notes to the Accounts|11 to 19|
- 2 -
## **Ecumenical Church Council of Christchurch Clevedon**
## **Report of the Trustees For the Year ended 31st December 2020**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)' and the Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
The Registered Chairty number is 1179989.
## **Principal address**
Christchurch Highdale Road Clevedon BS21 7LL
**Trustees Clergy** Rev C Jennings Ex-officio Rev R Herbert Ex-officio Rev S Kirkham Ex-officio From 21/10/2020 **Wardens** A Pett Reappointed 21/10/2020 J McManus Reappointed 21/10/2020 **Other Trustees** C Anderson J de Borde Treasurer From 21/10/2020 K Dommett L Turner Director of Finance Resigned 21/10/2020 H Davis T Roberts D Sewell A Kell Secretary
## **Independent Examiner**
Geoffrey Speirs FCA Haines Watts Chartered Accountants Bath House 6-8 Bath Street Bristol BS1 6HL
- 3 -
**Ecumenical Church Council of Christchurch Clevedon**
## **Report of the Trustees**
## **For the Year ended 31st December 2020**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The Structure, Governance and Management of the Ecumenical Church Council of Christchurch Clevedon is as established by the Constitution dated 09 May 2018.
## **Recruitment and appointment of new trustees**
Trustees are elected by the membership at the Annual General Meeting.
## **Induction and training of new trustees**
The Church deals with the induction and training of trustees on an ad hoc basis depending upon the experience and requirements of the individual trustee. Many appointees are trustees of other organisations and will also have experience and training with the other organisation.
## **Related parties**
The related parties of the charity are the trustees and close family members.
## **Risk management**
The major risks, to which the church is exposed, as identified by members from time to time, have been reviewed and, where appropriate, systems and procedures have been established to manage those risks.
## **OBJECTIVES AND ACTIVITIES**
## **Significant activities**
The Ecumenical Church Council of Christchurch was accepted as a Registered Charity with the Charities Commission on 19 September 2018 following the adoption of a revised constitution dated 09 May 2018. The purpose of the charity is to advance the Christian faith in the area of benefit in accordance with the principles and practices of the participating churches. In achieving its purpose, the charity engages in a range of activities, either on its own or with others, including (but not restricted to):
a) the celebration of public worship; b) the teaching of the Christian faith; c) mission and evangelism; d) pastoral work, including visiting the sick and the bereaved; e) the provision of facilities with a Christian ethos for the local community f) the support of other charities in the UK and overseas.
The trustees have had regard to the Charity Commission's guidance on public benefit.
## **Grantmaking**
The charity has no formal policy on the making of grants, other than these require the approval of the full ECC before they can be made.
- 4 -
## **Ecumenical Church Council of Christchurch Clevedon**
## **Report of the Trustees**
## **For the Year ended 31st December 2020**
## **ACHIEVEMENT AND PERFORMANCE**
## **Main achievements of the charity**
The main achievements of the charity during the year are summarised within the Report of the Clergy.
## **FINANCIAL REVIEW**
## **Reserves policy**
The ECC has agreed that the Charity should budget for retained reserves in the sum of £60,000. At the year end the unrestricted reserves excluding fixed assets and long term reserves stand at £54,822 (2019: £77,122), with a further £9,484 (2019: £6,214) held in restricted reserves.
## **Principal funding sources**
Day to day funding of the Charity is by regular giving by the members and others visiting the church, as well as the hiring out of church facilities.
Funding for specific projects is received from a combination of grants from various sources and specified donations from members.
## **Funds held as custodian for others**
No funds are held on behalf of others.
- 5 -
## **Ecumenical Church Council of Christchurch Clevedon**
## **Report of the Trustees For the Year ended 31st December 2020**
## **COVID-19**
The trustees have considered the impact that the COVID-19 pandemic will have on the charity’s current and future financial position. The charity is taking the following steps to mitigate the threats that COVID19 may pose to the organisation:
- Review of all expenditure and likely impact on income and regular preparation and review of budgets. Also using the Government furlough scheme for staff unable to work their normal hours.
- Writing to all members of the church to explain the position and asking them to consider their regular committed giving.
- There are sufficient reserves to continue until the end of 2022 as demonstrated by budgets.
- The recent initiative and appeal to members is hoped to result in an increase in giving to a more sustainable level.
The trustees therefore consider it appropriate to adopt the going concern basis of preparation of the accounts, as detailed in note 1 to the financial statements.
## **RECENT AND FUTURE DEVELOPMENTS**
_Report from Clergy_
_The Vision and Mission of Christchurch remains as fresh and relevant today as always and with God’s guidance and the leading of the Holy Spirit we have faithfully responded as a Church during this pandemic._
_It has been a challenging year for our nation yet we have planned and served our community well within the resources available to us._
_Since our last AGM and accounts we have consistently witnessed and served others and in order to do this have adapted and embraced the challenges of COVID in new and innovative ways._
_We saw a substantial loss in our hall booking revenue and we furloughed staff wherever possible and held a paid vacancy for a youth worker until Autumn 2021._
_We reached out to our congregation and received financial gifts and an increase in weekly and monthly giving. We also reviewed our outgoings and costings as we responded to the financial challenges._
- 6 -
## **Ecumenical Church Council of Christchurch Clevedon**
## **Report of the Trustees For the Year ended 31st December 2020**
_Many of our congregation engaged with community outreach in a variety of ways. Shopping, collecting prescriptions, keeping in touch with their neighbours and engaging with others in a variety of different ways._
- ° _Our Make Lunch coordinator has grown the team in response to the increased need to feed young people. We have placed considerable resources into this outreach over the year._
- ° _Our TLG co-ordinator and coaches continued to remotely support children and their families throughout the year on line and when necessary and within regulations to meet face to face in school settings._
- ° _Revd Suzy Kirkham joined us in July 2020 in a pioneer Curacy post with a focus on older people’s ministry in the wider community. Through this we have reached and served a much wider community through increased contact with residential homes_
- ° _Autumn 2020 saw the launch of ‘Living Life To The Full’, a course in mental health which combines CBT skills with Christian spirituality. We now have numerous people in training to support the community in the growth area of ministry and outreach._
- ° _Bereavement has been a large part of our ministry over the past year with a substantial increase in funerals many due to COVID. We have set up a bereavement support group and when we are able will open a café style meeting to engage with the wider need._
- ° _Our ‘on line’ ministry continued and thrived throughout the year and we are considering the opportunities this brings for greater connection with the wider community._
**ON BEHALF OF THE BOARD** :
## John de Borde
Trustee
Date: 7th April 2021
- 7 -
## **Independent Examiner's Report to the Trustees of Christchurch Clevedon**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2020 which are set out on pages 9 to 19.
## **Responsibilities and basis of report**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- (1) accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- (2) the accounts do not accord with those records; or
- (3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
I have no concerns, other than the matter below, and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## **Matter of concern identified**
The Trustees' view on the impact of COVID-19 is disclosed on page 6 and in the accounting policies note. However, not all future events or conditions can be predicted. The COVID-19 viral pandemic is one of the most significant economic events for the UK with unprecedented levels of uncertainty of outcomes. It is therefore difficult to evaluate all of the potential implications on the charity's activities.
Signed: G Speirs
Geoffrey Speirs FCA Haines Watts Chartered Accountants Bath House, 6-8 Bath Street Bristol BS1 6HL Date: 7th April 2021
- 8 -
**Ecumenical Church Council of Christchurch Clevedon**
## **For the Year ended 31st December 2020**
## **Statement of Financial Activities**
|Note
INCOME AND ENDOWMENTS FROM:
Donations and Legacies
2a
Investments
2b
Charitable activities
2c
Other
2d
**TOTAL**
EXPENDITURE ON:
Charitable activities
3a
Raising Funds
3b
Governance costs
3c
Finance costs
3d
**TOTAL**
**NET INCOME/(EXPENDITURE)**
**TOTAL FUNDS B/F 1st JANUARY 2020**
**TOTAL FUNDS C/F 31st DECEMBER 2020**|Unrestricted
Restricted
Total
Funds
Funds
Funds
2020
2019
£
£
£
£
162,203
7,020
169,223
145,307
44
-
44
129
6,668
-
6,668
31,762
450
-
450
900
169,365
7,020
176,385
178,098
177,943
3,787
181,730
182,921
47
-
47
1,128
3,308
-
3,308
3,272
144
-
144
147
181,442
3,787
185,229
187,468
(12,077)
3,233
(8,844)
(9,370)
80,284
6,524
86,808
96,178
68,207
9,757
77,964
86,808|
|---|---|
- 9 -
## **Ecumenical Church Council of Christchurch Clevedon**
## **For the Year ended 31st December 2020**
## **Balance Sheet**
|Note
**FIXED ASSETS**
Tangible assets
6
**CURRENT ASSETS**
Debtors
7
Cash at bank and in hand
**LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Creditors
9
Sub accounts
8
Loans due in less than 1 year
10
**NET CURRENT ASSETS / (LIABILITIES)**
**LIABILITIES: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Loans due in more than 1 year
10
**TOTAL NET ASSETS**
**FUNDS**
Unrestricted funds
11
Restricted funds
11|**2020**
£
13,658
13,658
34,267
51,875
86,142
5,276
4,560
2,000
11,836
74,306
10,000
10,000
77,964
£
68,207
9,757
77,964|**2019**
£
15,472
15,472
60,900
32,873
93,773
7,352
1,085
2,000
10,437
83,336
12,000
12,000
86,808
£
80,284
6,524
86,808|
|---|---|---|
Approved by the Ecumenical Church Council and signed on its behalf by:
## John de Borde
7th April 2021 Trustee Date Katy Dommett 7th April 2021 Trustee Date
- 10 -
**Ecumenical Church Council of Christchurch Clevedon**
## **For the Year ended 31st December 2020**
## **Notes to the financial statements**
## **1 ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)' and the Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. The financial statements have been prepared under the historical cost convention.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared on the assumption that the charity is able to continue as a going concern. However, the COVID-19 pandemic is likely to have a profound impact on the global economy, and may in turn affect the charity. The trustees have considered the impact of this issue on the charity’s current and future financial position. The trustees consider that the charity has sufficient cash reserves to continue as a going concern for a period of at least 12 months from the date on which these financial statements are approved.
## **Funds**
Restricted funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the ECC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried reward as a balance on that fund. The ECC does not usually invest separately for each fund. Where there is separate investment, interest is apportioned to individual funds on an average balance basis.
Unrestricted funds are general funds which can be used for ECC ordinary purposes.
## **Incoming Resources**
Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the ECC is legally entitled to the amounts due. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.
- 11 -
**Ecumenical Church Council of Christchurch Clevedon**
## **Notes to the financial statements for the Year ended 31st December 2020 (cont.)**
## **Resources expended**
Expenditure has been accounted for on an accruals basis using natural expense categories and has been classified under headings that aggregate all costs related to that category. Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the ECC. The diocesan parish share is accounted for when due. All other expenditure is generally recognised when it is incurred and is accounted for gross.
## **Governance Costs**
Governance costs comprise all costs involved in the public accountability of the charity and its compliance with regulation and good practice.
## **Fixed Assets**
Consecrated and benefice property is not included in the accounts in accordance with s.10(2)(a) of the Charities Act 2011. The costs of improvements to consecrated and benefice property are written off in the year in which they are incurred.
Equipment used within the church premises is depreciated over its estimated useful economic life. Depreciation rates are 15% reducing balance for fixtures and fittings and 25% straight line for shorter life assets. Individual items of equipment with a purchase price of £500 or less are written off when the asset is acquired.
## **Debtors**
Debtors are measured on initial recognition at settlement amount after any amounts advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
## **Short term liquid investments and cash**
Cash at bank is held to meet short-term cash commitments as they fall due rather than for investment purposes and includes all cash equivalents held in the form of short-term highly liquid investments. Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.
## **Creditors**
The charity has creditors which are measured at settlement amounts.
## **Financial Instruments**
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## **Donated goods, services and facilities**
Donated goods, services or facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. On receipt, donated services and facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
- 12 -
## **Ecumenical Church Council of Christchurch Clevedon**
## **Notes to the financial statements for the Year ended 31st December 2020 (cont.)**
|**2 INCOME AND ENDOWMENTS FROM:**
a
**Donations and Legacies**
Planned giving:
White envelopes
Yellow gift aid envelopes
Standing orders
Tax recoverable
Cash collections (open plate)
Donated services
Other donations
Grant & Funding Income
Donations for Youth Worker, TLG & TFC
b
**Investments**
Interest receivable
c
**Income from charitable activities**
Church hall lettings
Fees & other
d
**Other**
Feed in Tariff - Electricity Generation
Profit on sale of assets
**Total**
**3 EXPENDITURE ON:**
a
**Charitable activities**
Ministry:
Parish Share
Methodist assessment
Benefice share & clergy expenses
Missionary and charitable giving
Youth and children's work
Trainee Family Co-ordinator
Adult work
Music
Admin & PA
Church running & maintenance:
Repairs and renewals
Insurance
Utilities
Miscellaneous:
IT costs
Website & advertising
Sundry
Depreciation
CTIC|Unrestricted
Restricted
Total
Funds
Funds
Funds
2020
2019
£
£
£
£
847
847
1,088
90
90
2,684
106,378
106,378
89,108
27,447
27,447
23,902
6,756
6,756
3,569
2,000
2,000
2,000
11,696
-
11,696
13,204
6,989
5,000
11,989
9,380
-
2,020
2,020
372
162,203
7,020
169,223
145,307
44
-
44
129
44
-
44
129
3,865
3,865
28,978
2,803
2,803
2,784
6,668
-
6,668
31,762
450
450
600
-
-
-
300
450
-
450
900
**169,365**
**7,020**
**176,385**
**178,098**
Unrestricted
Restricted
Total
Funds
Funds
Funds
2020
2019
£
£
£
£
54,227
54,227
47,154
49,123
49,123
49,992
4,833
4,833
5,222
100
375
475
-
7,750
3,375
11,125
11,540
7,162
-
7,162
12,110
461
461
271
1,182
1,182
980
12,828
12,828
21,478
19,763
19,763
14,615
1,755
-
1,755
1,720
13,661
-
13,661
13,655
418
418
-
720
720
176
200
200
278
2,727
37
2,764
2,695
1,033
-
1,033
1,035
177,943
3,787
181,730
182,921|
|---|---|
- 13 -
## **Ecumenical Church Council of Christchurch Clevedon**
## **Notes to the financial statements for the Year ended 31st December 2020 (cont.)**
|b
**Raising funds**
Coffee time
c
**Governance costs**
Independent Examination
Donated services - Accountancy
Consultancy Fees
d
**Finance costs**
Bank Charges
Interest on Diocesan Loan
**TOTAL RESOURCES EXPENDED**|47
-
47
1,128
47
-
47
1,128
1,308
-
1,308
1,272
2,000
-
2,000
2,000
-
-
3,308
-
3,308
3,272
5
-
5
-
139
-
139
147
144
-
144
147
**181,442**
**3,787**
**185,229**
**187,468**
**(12,077)**
**3,233**
**(8,844)**
**(9,370)**|
|---|---|
## **4 STAFF COSTS**
By the end of the year the Church had a total of four paid staff. During the year 2 staff resigned ~ the youth worker (and this post remains unfilled) and the TLG post and these hours were added to the Children’s worker post. The TLG role is part financed by grant income of £5,000 (2019: £5,000), whilst GVMC also contribute 50% of the PA Admin's wages worth £3,120 (2019: £3120). The remainder of staff costs are met from general funds, supplemented by ad-hoc specified donations. The Governmant furlough scheme was used when staff were unable to work or worked less than their normal hours.
|**Split of wages costs**
Wages and salaries
Social security costs
Other pension costs
Total wages|2020
2019
£
£
28,148
31,756
-
429
-
654
28,148
32,839|
|---|---|
The average number of staff working for the charity during the year was 5 employees (2019: 4 employees).
No employees received emoluments in excess of £60,000.
## **Donated goods, services and facilities**
During the year, the church has benefitted from numerous services provided by volunteers covering areas such as children's and youth work, and all areas of ministry. Further services have been provided in the form of assistance with maintenance, finance and administration. It is not possible to measure the financial benefit of such services in the accounts.
During the year, a number of supplies have been donated to further the ministry of the church. It has not been possible to value the goods donated and the trustees do not believe the total value is material to the financial statements.
## **Donated services received**
During the year, the church has recognised the fair value of the donation of accountancy services as approximately £2,000 (2019: £2,000) and has recognised this under other donations and charitable activity costs.
- 14 -
## **Ecumenical Church Council of Christchurch Clevedon**
## **Notes to the financial statements for the Year ended 31st December 2020 (cont.)**
## **5 STATEMENT OF FINANCIAL ACTIVITY (COMPARATIVE)**
|INCOME AND ENDOWMENTS FROM:
Donations and Legacies
Investments
Charitable activities
Other
**TOTAL**
EXPENDITURE ON:
Charitable activities
Raising Funds
Governance costs
Finance costs
**TOTAL**
**NET INCOME/(EXPENDITURE)**
**TOTAL FUNDS B/F 1st JANUARY 2019**
**TOTAL FUNDS C/F 31st DECEMBER 2019**|Unrestricted
Restricted
Total
Funds
Funds
2019
£
£
£
137,825
7,482
145,307
129
-
129
31,762
-
31,762
900
-
900
170,616
7,482
178,098
168,805
14,116
182,921
1,128
-
1,128
3,272
-
3,272
147
-
147
173,352
14,116
187,468
(2,736)
(6,634)
(9,370)
83,020
13,158
96,178
80,284
6,524
86,808
**2019 SoFA**|
|---|---|
## **6 FIXED ASSETS**
Fixed assets costing over £500 will be capitalised and depreciated in accordance with the stated accounting policies.
|Fixtures &
Fittings
£
30,693
-
-
30,693
19,654
1,656
-
21,310
11,039
9,383
**7 DEBTORS**
Tax recoverable (Accrued Income)
Gordano Valley Circuit salary contribution (Accrued Income)
Interest receivable (Accrued Income)
Fire alarm maintenance contract
CCLI/PRS Music Licences
Trade payable accounts in credit
Prepaid advertising costs
Prepaid copier charges
Feed In Tariff - Electricity Generation rebate
Payments on account for electricity
Hall lettings invoices
Disposals
Eliminated on disposals
Net book value b/f
Additions
Accumulated Depreciation b/f
Accumulated Depreciation c/f
Cost c/f
Cost b/f
Charge for Year
Net book value c/f|Other
Equipment
Total
£
£
62,020 92,713
950 950
- -
62,970 93,663
57,587 77,241
1,108 2,764
- -
58,695 80,005
4,433 15,472
4,275 13,658
2020
2019
£
£
26,232
47,269
1,248
-
-
11
183
414
925
621
-
-
660
660
-
80
2,500
2,050
-
94
2,519
9,701
34,267
60,900|
|---|---|
- 15 -
**Ecumenical Church Council of Christchurch Clevedon**
## **Notes to the financial statements for the Year ended 31st December 2020 (cont.)**
|**8 SUB ACCOUNTS**
Men's Ministry
Womens Day
Bible Notes
TLG Make Lunch
Toddlers Group
The Fridge Youth Group
Marriage Preparation course
**9 CREDITORS**
Water Rates
Gas
Electric
Clergy Expenses
Diocesan Loan Interest
Trade Invoices
Accountancy - Independent Examination
Prepaid Hall Hire Income
Cleaning
PAYE liability
Net Wages Payable|2020
2019
£
£
228
228
195
195
124
1
3,850
574
76
-
-
-
87
87
4,560
1,085
2020
2019
£
£
15
144
200
2,099
570
267
-
145
24
33
2,345
1,837
1,272
1,236
583
1,175
25
-
242
409
-
7
5,276
7,352|
|---|---|
## **10 LOANS**
A £40,000 loan facility was made available by the Diocese of Bath and Wells for the purposes of assisting in the financing of the Regen Project. This facility was drawn down by Christchurch on 19th October 2012. It was agreed to be repaid by way of five lump sum payments on each anniversary of the loan drawdown date.
Following conversations with the Diocesan Board of Finance the sum of £4,000 was repaid in March 2016, and the ECC renegotiated the terms of the remaining balance of the loan amounting to £20,142 at that time. This will now be repaid by way of ten lump sum payments on 1st November each year, commencing in 2017. Interest will be charged at 1% above the CCLA CBF Deposit rate (0.75% as at 31st December 2020) and will be payable along with each repayment.
|Due within 1 year of the balance sheet date
Due within 2-5 years from the balance sheet date
Due later than 5 years from the balance sheet date|2020
2019
£
£
2,000
2,000
8,000
8,000
2,000
4,000
12,000
14,000|
|---|---|
- 16 -
**Ecumenical Church Council of Christchurch Clevedon**
## **Notes to the financial statements for the Year ended 31st December 2020 (cont.)**
## **11 FUNDS**
The restricted funds comprise the continuation of the Trainee Family Co-Ordinator Fund, the Early Intervention Group, funds for the Youth Worker work, the grant-funded Cycle Rack and any donations received for a specific purpose or cause.
Unrestricted Funds encompass all other ongoing church activites and are not separated into further subcategories.
## **Restricted Fund Movements**
|Trainee Family Co-Ordinator Fund
TLG/EIG Fund
Youth Worker Fund
Specific Donations
Cycle Rack
Total Restricted Funds
Trainee Family Co-Ordinator Fund
TLG/EIG Fund
Youth Worker Fund
Specific Donations
Cycle Rack
Total Restricted Funds|At 01.01.20
Incoming
resources
Resources
expended
At 31.12.20
£
£
£
£
-
5,000
-
5,000
1,810
2,000
(1,272)
2,538
2,083
20
(2,103)
-
2,321
-
(375)
1,946
310
-
(37)
273
6,524
7,020
(3,787)
9,757
At 01.01.19
Incoming
resources
Resources
expended
At 31.12.19
£
£
£
£
1,920
5,050
(6,970)
-
848
1,957
(995)
1,810
8,052
-
(5,969)
2,083
1,971
475
(125)
2,321
367
-
(57)
310
13,158
7,482
(14,116)
6,524|
|---|---|
## **Trainee Family Co-Ordinator Fund**
The restricted fund represents donations and grants received for the funding of the Trainee Family CoOrdinator. During the period a grant of £5,000 was received from The Lancaster Foundation (2019: £5,000).
## **TLG/EIG Fund**
This restricted fund represents donations and grants received in respect of our partnership with ‘Transforming lives for good’. This covers costs incurred in training a team to work in local schools.
## **Youth Worker Fund**
This restricted fund represents donations and grants received for the funding of the our part-time Youth Worker.
## **Restricted Funds approach**
Expenditure incurred over and above funded amounts is treated as a cost to Unrestricted funds.
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## **Ecumenical Church Council of Christchurch Clevedon**
## **Notes to the financial statements for the Year ended 31st December 2020 (cont.)**
## **Unrestricted Fund Movements**
|General Funds
Total Unrestricted Funds
General Funds
Total Unrestricted Funds
**Analysis of net assets between funds**
Fixed assets
Cash and current investments
Other current assets/liabilities
Creditors more than one year
Provisions/pensions
Total|At 01.01.20
Incoming
resources
Resources
expended
At 31.12.20
£
£
£
£
80,284
169,365
(181,442)
68,207
80,284
169,365
(181,442)
68,207
At 01.01.19
Incoming
resources
Resources
expended
At 31.12.19
£
£
£
£
83,020
170,616
(173,352)
80,284
83,020
170,616
(173,352)
80,284
Unrestricted
funds
Designated
funds
Restricted
funds
Endowment
funds
£
£
£
£
13,385
-
273
-
42,391
-
9,484
-
22,431
-
-
-
(10,000)
-
-
-
-
-
-
-
68,207
-
9,757
-
2020|
|---|---|
**Analysis of net assets between funds (cont.)**
|Fixed assets
Cash and current investments
Other current assets/liabilities
Creditors more than one year
Provisions/pensions
Total|2020
Total
£
13,658
51,875
22,431
(10,000)
-
77,964|
|---|---|
## **Analysis of net assets between funds (prior year)**
|Fixed assets
Cash and current investments
Other current assets/liabilities
Creditors more than one year
Provisions/pensions
Total|Unrestricted
funds
Designated
funds
Restricted
funds
Endowment
funds
£
£
£
£
15,162
-
310
-
26,659
-
6,214
-
50,463
-
-
-
(12,000)
-
-
-
-
-
-
-
80,284
-
6,524
-
2019|
|---|---|
- 18 -
## **Ecumenical Church Council of Christchurch Clevedon**
## **Notes to the financial statements for the Year ended 31st December 2020 (cont.)**
## **Analysis of net assets between funds (prior year) (cont.)**
|Fixed assets
Cash and current investments
Other current assets/liabilities
Creditors more than one year
Provisions/pensions
Total|2019
Total
£
15,472
32,873
50,463
(12,000)
-
86,808|
|---|---|
## **12 RELATED PARTY DISCLOSURES AND TRUSTEE EXPENSES**
K Dommett, a trustee, was paid by Christchurch in respect of her services as the Trainee Family Coordinator, for which she received remuneration of £4,593 (2019: £11,574) and expenses of £33 (2019: £2,037). The remuneration was made up of salary of £4,593 (2019: £10,959 and pension contributions of £615). She resigned in July 2020.
A second trustee, J McManus, was paid by Christchurch directly to fulfil a Facilities Booking Manager role, for which she received remuneration of £5,461 (2019: £6,048). This was made up entirely of basic wages without further pension payments.
There have been no further payments of expenses to Trustees during the year other than the direct reimbursement of expenditure necessarily incurred in respect of Christchurch. Please note that clergy expenses are accounted for in the accounts of the United Benefice, details of which are available from the church office.
## **Donations from Related Parties**
During the year the trustees were responsible for donations received totalling £20,380 (2019: £14,990). These amounts are included within Note 2a "Donations and Legacies" Income above.
In addition to this, the spouse of the Trustee, J McManus, donated Accountancy services via his company, McManus Williams, with an estimated value of £2,000 (2019: £2,000).
- 19 -