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2020-12-31-accounts

Clergy
Revd Glen Mansfield
Revd Jayne Coxs)l
Revd Chris Spencer
Revd Janet Crane (Appointed 12/07/2020)
Church warden appointed
by incumbent
Mrs Helen Mill
Church warden elected
Mrs Jean Carthy
Members
Mrs J Woodward Mrs H Roberts
Mrs Hughes Mr R Dollery
Mrs H Mill Mrs A Dollery
Mrs M Roberts Mrs LJones
Mr Jones Mr P Simpson
Mrs SDavidson Mrs SA Simpson
Mrs EBundy Mrs J South worth
Mrs E Owen Mr M Southworth
Mr M Peterson Mrs N Williams
Mrs M Gyves (Appointed 29/10/2020) Mrs BJones
Mrs M Donohue Mr R Marsh
Mrs LGriffiths

Members on Mission Area Electoral Roll 235
Easter communicants n/a
Christmas communicants n/a
Average weekly attendance n/a 236

Vnrestricted Deslgaeted Restricted Endowment Total Prior year
funds funds funds funds fends total funds
Income and endowments from:
Donations
and legacies		 118,054 17,209 135,263 184,505
Income from charitable activities 8,305 16,770 25,075 48,477
Other trading activities 52,081 4,804 56,885 53,502
Investments 29,255 12,152 41,413 31,298
Other income 47,182 47,182 15,299
Total income 254,877 16,957 33,985 305,819 333,082
Expenditure on:
Raising funds 8 1,273 1,273 9,648
Expenditure
on charitable		 activities 9 217,943 20,281 15,305 253,529 345,789
Other expenditure 10 8,128 6,128 6,315
Total expenditure 22S,344 20,281 15,305 280,930 3S1,751
Net income I(expenditure)
before transfer		 resources 29,533 (3,324) 18,680 44,889 (28,670)
Transfem
Gross transfers
between		 funds - in 7,592 211,592 219,184 296,193
Gross transfers
between		 funds - out (211,592) (7,592) (219,184) (296,193)
Other recognised gains Ilosses
Gains Ilosses on investment assets 4,026 7,649 50,662 62,337 166,439
Net movement
In funds		 41,151 (207,267) 273,342 107,226 137,789
Total funds brought forward 581,190 432,222 672,221 1,685,633 1,547,884
Total funds carried forward 822,341 224,955 945,583 1,792,859 1,885,633
Represented
by
Unrestricted
fund
General
fund		 622,340 622,340 581.189
Designated
funds
CCLA - COIF Charities
Fund		 Ethical Investment 212,062 212,062 204,413
Csr Park Fund 3,566 3,566 1,197
Church House Fund 4,665 4,865 3,865
Eden Cottage Fund 4,036 4,036 10,152
Parish Magazine
Fund		 426 426 1,003
Zrevel 211,592
Restricted funds
Building 821 821 817
Building
Fund		 6,597 6,597 6,597
Churchyard
Fund		 274 274 274
Graveyard 775 775 1,824
Magazine
Fund		 5,033 5,033 5,033
Miss Henrieta
Eliza Roberts		 Bequest Fund 518,739 518,739 489,171
Pop-Up-Gospel
Grant		 6,645 6,845 6,770
StMargaret's
Bodelwyddan		 Churchyard 56,882 56,882 51,229
AJ 10,355 10,355 9,762
AMAL 5,700 5,700 5,374
CD Fund 10,086 10,086 6,562
Child-work 1,051 1,051 2,010
JWM 5,290 5,290 4,987
PR 65,109 65,109 61,382
SEE 13,573 13,573 20,430
Belfry 8,567 8,567
H-Hampers 5,629 5,629
PAR 224,438 224,438
822,340 224,955 945,583 1,792,859 1,685,832
Notes General Des nated Restrkted Endowment This ear Last ear
Fixed assets
Investments 14 490,638 162,005 885,862 1,538,505 1,512,983
490,838 162,005 885,862 1,s38,sos t,st2.983
Current assets
Investments
Debtors 15 552 552 2,304
Cash at bank and In hand 136,716 62,950 59,701 259,367 176,250
137,268 62,9SO 59,701 259,920 178,555
Liabilities
Creditors: Amounts falling due in one year 16 s,566 5,566 5,905
s,sss 5,586 s,aos
Net current assets less current Iiabsitles 131,702 82,950 59,701 254,353 172,649
Total assets less current liabilities 622,340 224,955 945,583 1,792,859 1,685,632
Total net assets less IlabSitiss 622,340 224,955 945,583 1,7a2,8sa 1,88s,632
Represented by
Unrestricted fund
General fund 622,340 622,340 581,189
Designated
funds
COLA - COIF
Fund		 Charities Ethical Investment 212,062 212,062 204,413
Car Park Fund 3,566 3,586 1,197
Church House Fund 4,865 4,865 3,865
Eden Cottage Fund 4,036 4,036 10,152
Parish Magazine Fund 426 426 1,003
2rsvai 211,592
Restricted funds
Building 821 821 817
Building Fund 6,597 6,597 6,597
Churchyard
Fund		 274 274 274
Graveyard 775 775 1,824
Magazine
Fund		 5,033 5,033 5,033
Miss Hsnrisia Eliza Roberts Bequest Fund 518,739 518,739 489,171
Pop-Up-Gospel Grani 6,645 6,645 6,770
St Margaret's Bodelwyddan Churchyard 56,882 56,882 51,229
AJ 10,355 10,355 9,762
AMAL 5,700 5,700 5,374
CD Fund 10,086 10,086 6,562
Child-work 1,051 1,051 2,010
JWM 5,290 5,290 4,987
PR 65,109 65,109 61,382
SEE 13,573 13,573 20,430
Belfry 8,567 8,587
H-Hampers 5,629 5,629
PAR 224,438 224,438
Funds ofthe church 622340 224 955 945583 1792,859 1 685832
1.1 Accounting
convention
The financial statements
have been prepared
in accordance with the charity's constitution,
the Charities Act 2011 and 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
fallowing
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)issued on 16		 July 2014rather than the Ac«ounting
and Reporting
by Charities: Statement of Recommended
Practice effective from
1 April 2005 which has since been withdrawn.
The charity has taken advantage
ofthe provisions
in the SORP for charities applying
FRS 102 Update
Bulletin
1 not to prepare a Statement of Cash Flows.
The charity's
presentational
currency
is pounds
sterling and all amounts
stated within the financial statements
are rounded tothe nearest pound.
1.2 Going concern
At the time ofapproving
the financial statements,
the members
have a reasonable
expectation that the charity has adequate
resources to continue		 in operational
existence for		 the
foreseeable future. Thus the members
continue to adopt the going «oncern basis ofaccounting
in preparing
the financial statements.
1 3 Charitable funds
Unrestricted
funds are available
for use at the discretion ofthe members
in furtheran«e
oftheir charitable objectives		 unless the funds have been designated for other purposes.
Designated
funds comprise funds which have been set aside at the discretion ofthe members
for specific purposes.		 The purposes
and uses ofthe		 designated funds are set out in the
notes to the financial statements.
Restricted funds are subject to specific conditions
by donors as to how they may be used. The purposes
and uses of		 the restri«ted
funds are set out in		 the notes tothe financial
statements.
1.4 In«oming resources
Income is recognised
when the charity
is legally entitled to it after any performance
conditions
have been met, the amounts
can be measured
reliably,		 and it is probable that income will
be received.
Cash donations
are recognised
on receipt. Other donations
are recognised
once the charity has been notified ofthe		 donation,
unless performance		 conditions require deferral ofthe
amount. Income tax recoverable
in relation to donations
received under Gift Aid ordeeds of covenant
is recognised		 at the time ofthe donation.
Legacies are recognised
on receipt or otherwise
ifthe charity has been notified ofan impending
distribution,
the amount
is known, and receipt is expected. Ifthe amount		 is not known,
the legacy is treated as a contingent
asset.
Grant income is recognised
on receipt unless income
is received
in advance at the year-end
and the performance
criteria relate to a future accounting		 period.
1.5 Fixed asset investments
Fixed asset investments
are initially
measured
at transaction
price excluding
transaction
costs and are subsequently		 measured
at fair value at each		 reporting date. Changes in fair value
are recogn(sed
in net income/(expenditure)
for the year. Transaction
costs are expensed as incurred.
1.6 Cash and cash equivalents
Cash and cash equivalents
include cash in hand, deposits held at call with banks, other short-term
liquid investments		 with original
maturities
ofthree months		 or less, and bank
overdrafts.
Bank overdrafts are shown within
borrowings
in current
liabilities.
1.7 Finandal
instnirnents
The charity has elected to apply the provisions ofSection 11 'Basic Financial
Instruments'
and Section 12'Other Financial Instruments
Issues' of FRS 102to all of its financial		 instruments.
Financial
instruments
are recognised
in the charity's
balance sheet when the charity becomes party tothe contractual		 provisions ofthe instrument
Financial assets and liabilities are offset, with the net amounts
presented
in the financial statements,
when there is a		 legally enforceable
right to set off		 the recognised amounts and
there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Un~ funds Designated
funds		 Restricted funds Total 2020 Total 2019
Investment income 24,518 24,518 29,363
Bank interest 20
Rent from investments 4,725 12,150 16,875 1,835
29,2S5 12,152 41,413 31,298

Unrestricted funds Restricted funds Total 2020 Total 2019
Parish share refund
Insurance claim 47,012 47,012 726
Sales ofSxed assets 12,739
Growth 170 170 651
Loan repa ments received
47,182 47,182 15,299
8Raising funds
Unrestricted funds Restricted funds Total 2020 Total 2019
Costs of eneratin resources 175
Costs ofmoney raising 320
Costs offund raisin 1,178 1,178 9,153
1,273 1,273 9,648
9Charitable
actfvtges		 9Charitable
actfvtges
Unrestricted funds Designated Total 2020 Total 2019
funds
Parish share 118,568 118,568 197,968
Clerical ex
nses		 435
Cle
ex enses		 2,207 2,207 1,675
Parsons
e- water		 192 192
Parsonage - gas 150 150
Parsona
e - electricity
Parsonage
-other
Cle
telephone		 47
Trainin
costs
Readers fees
Maintenance
ofservices		 6,083 6,083 2,826
Costs ofve
ers &		 choir 4,935 4,935 3,229
Music expenses 1,310
Bank Char es
Printin,
ost &statione		 1,568
Telephone
Parish- tele
hone		 733 733 624
Office &
eneral expenses		 5,707
Professional
fees		 517 2,157 278
Audit &accountan fees 1,800
Insurance 11,770 11,770 10,959
Li
hti
&beati		 15,606 15,606 13,521
Water 479 479 1,177
Other church o eratin 9,070 9,070 18,053
Re airs &renewals 26,253 19,289 45.543 23,850
Cleanin
&
eneral		 1,770 1,770 5,932
Church
ard mana		 ament 859 9,568 10,427 11,778
Church
Hall costs		 2,634 2,634 2,433
Other PCC property 3,349 5,459
Ma'or buildin
re		 airs 6,325 6,325 22,737
Christmas/Easter
events		 1,084 1,084 439
Church publication 1,671 1,671 43
Mission &evan
elism		 278 878 727
Parish mission work 2,413 2,713 123
948 children's
club		 2,598
Su
rt - church		 ro'acts 747 747 455
External chadty su ort 1,490 1,490 2,103
World Mission
ivin		 180 305
Other
217.943 20,281 15,305 253,529 345,789

18Funsl movement 18Funsl movement 18Funsl movement 18Funsl movement by type
Balance brought Incoming Transfers Gains elul Balance carried
foneard resources losses forward
Unrestrkted fund
General
fund		 581,189 254,877 (225,344) 7,592 4,026 622,340
Deal neted funds
CCLA - COIF Charities Ethical 204,413 7,649 212,062
Car Park Fund 1,197 4,390 (2,021) 3,566
Church House Fund 3,865 5,401 (4,401) 4,865
Eden Cotta e Fund 10,152 6,751 (12,867) 4,036
Parish Magazine Fund 1,003 415 (992) 426
2reval 211,592 (211,592)
Buildin 817
Buildi
Fund		 6,597 6,597
Churchyard Fund 274 274
Graveyard 1,824 711 (1,760) 775
Ma azine Fund 5,033 5,033
Miss Henrieta Eliza Roberts Bequest 489,171 29,568 518,739
Po -U -Gos I Grant 6,770 (125) 6,645
St Margaret's Bodelwyddan 51,229 10,896 (7,808) 2,565 56,882
9,762 593 10,355
AMAL 5,374 326 5,7
CD Fund 6,562 5,164 (1,640) 10,086
Child-work 2,010 (959) 1,051
4,987 303 5,2
PR 61,382 3,727 65,109
SEE 20,430 (7,592) 735 13,573
Belfry 8,567 8,567
H-Ham
ers		 8,642 (3,013) 5,629
PAR 211,592 12,846 224,438
1,685,632 305,819 (260,930) 62,337 1,792,859