| Contents | |
|---|---|
| Page | |
| Trustees' A.nnual Report |
Ito8 |
| Independent Examiners Report |
|
| Statement ofFinancial Activities | 10 |
| Balance Sheet | |
| Notes to the Financial Statements | 12to 16 |
| PCC Accounts | 17 |
| Unrestricted | Unrestricted | Designated | Restricted | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|---|---|---|
| Note | Funds | Funds | Funds | Funds | 2020 | 2019 | |||
| f. | f. | ||||||||
| Incoming Resources | 2 | ||||||||
| Voluntary Income |
|||||||||
| From donors | 21607 | 9294 | 30901 | 65650 | |||||
| Activities for | |||||||||
| generating funds |
1299 | 1299 | 6725 | ||||||
| Church activities | 1876 | 1876 | 2437 | ||||||
| Other income | 2858 | 12777 | 15635 | 193732 | |||||
| Investment income |
4574 | 4574 | 4867 | ||||||
| Total Incoming | |||||||||
| Resources | 32214 | 22071 | 54285 | 273411 | |||||
| Resources | |||||||||
| Expended | 3 | ||||||||
| Cost ofgenerating | funds: | ||||||||
| Fund-raising | and | ||||||||
| publicity | 1224 | 1224 | 2720 | ||||||
| Charitable activities; |
|||||||||
| Grants made | 99 | 99 | 1270 | ||||||
| Direct ministry | -24474 | -24474 | 48295 | ||||||
| Church running | |||||||||
| expenses | 12110 | 61840 | 73950 | 207429 | |||||
| Administration | 459 | 459 | 1342 | ||||||
| Other | 3252 | 1135 | 4387 | 4345 | |||||
| Total Resources | |||||||||
| Used | -7330 | 62975 | 55645 | 265401 | |||||
| Net incoming/ | |||||||||
| outgoing | 39544 | -40904 | -1360 | 8010 | |||||
| Transfers | 18251 | -20000 | 1749 | ||||||
| Increase/decrease | in | ||||||||
| value ofinvestments | 8187 | 8187 | 16952 | ||||||
| Net Movement | in | ||||||||
| Funds | 57795 | -20000 | -39155 | 8187 | 6827 | 24962 | |||
| Balances at | |||||||||
| I January 2020 | -18249 | 26967 | 48191 | 134887 | 191796 | 166834 | |||
| Balances at | |||||||||
| 31December | 2020 | 39546 | 6967 | 9036 | 143074 | 198623 | 191796 |
| Unrestricted | Designated | Restricted | Endowment | Total | Total | ||
|---|---|---|---|---|---|---|---|
| Note | Funds | Funds | Funds | Funds | 2020 | 2019 | |
| f. | E | ||||||
| Fixed Asset | |||||||
| Investment assets |
143074 | 143074 | 134887 | ||||
| Current Assets | |||||||
| Debtors and | |||||||
| pre payments | 5 | 13559 | |||||
| Cash in hand | 15 | 15 | 15 | ||||
| Lloyds current | |||||||
| account | 25190 | 9036 | 34226 | 47967 | |||
| Lloyds magazine | |||||||
| account | 630 | 630 | 630 | ||||
| CFBdeposit | 12299 | 6967 | 19266 | 39178 | |||
| Methodist Central |
|||||||
| Board Finance | 1412 | 1412 | 1412 | ||||
| 39546 | 6967 | 9036 | 55549 | 102761 | |||
| Creditors | 6 | -45852 | |||||
| Net Current | |||||||
| Assets | 39546 | 6967 | 9036 | 55549 | 56909 | ||
| Net Assets | 39546 | 6967 | 9036 | 143074 | 198623 | 191796 | |
| Funds | |||||||
| Unrcstrictcd | 39546 | 39546 | -18249 | ||||
| Designated | 6967 | 6967 | 26967 | ||||
| Restricted | 9036 | 9036 | 48191 | ||||
| Endowment | 143074 | 143074 | 134887 | ||||
| Total Funds | 39546 | 6967 | 9036 | 143074 | 198623 | 191796 |
| oming Res | ources | |||||||
|---|---|---|---|---|---|---|---|---|
| Note | Unrestricted | Designated | Restricted | Endowment | Total | Total | ||
| Funds | Funds | Funds | Funds | 2020 | 2019 | |||
| Incoming | Resources | |||||||
| From Donors | ||||||||
| Planned giving |
20491 | 20491 | 22250 | |||||
| Collections | 1195 | 1195 | 3714 | |||||
| Collections | for | |||||||
| charities | 113 | 113 | 670 | |||||
| Income tax | ||||||||
| recovered | 4 | -7913 | -7913 | 649] | ||||
| Donations | and | |||||||
| legacies | 7721 | 9294 | 17015 | 32525 | ||||
| 21607 | 9294 | 30901 | 65650 | |||||
| Activities | for Generating | Funds | ||||||
| Fundraising | 3400 | |||||||
| Coffee mornings Messy church |
566 35 |
|||||||
| Magazine | 1299 | 1299 | 2734 | |||||
| 1299 | 1299 | 6725 | ||||||
| Receipts for Church Activities | ||||||||
| Fees | 1876 | 1876 | 2437 | |||||
| Miscellaneous | ||||||||
| Diocesan fees | 2858 | 2858 | 3095 | |||||
| 3' party grants | 178933 | |||||||
| VAT recovered | 11757 | 11757 | 8190 | |||||
| Sundry income | 644 | |||||||
| Restricted | funds | 1020 | 1020 | 2870 | ||||
| 2858 | 12777 | 15635 | 193732 | |||||
| Investment | Income | |||||||
| Bank interest | 108 | 108 | 10 | |||||
| CBF funds | 4166 | 4166 | 4557 | |||||
| Rent fiom | land | 300 | 300 | 300 | ||||
| 4574 | 4574 | 4867 | ||||||
| Total | ||||||||
| Receipts | 32214 | 22071 | 54285 | 273411 |
| Note Unrestricted | Note Unrestricted | Designate | Restricted | Endowment | Total | Total | ||
|---|---|---|---|---|---|---|---|---|
| Funds | I'unds | Funds | Funds | 2020 | 2019 | |||
| g | ||||||||
| Fund Raising Event | ||||||||
| Costs | ||||||||
| Fund raising expenses | 206 | |||||||
| Magazine | 1224 | 1224 | 2514 | |||||
| 1244 | 1244 | 2720 | ||||||
| Donations (Grants) | ||||||||
| Charitable giving |
99 | 99 | 1270 | |||||
| Direct Ministry | Expenditure | |||||||
| Parish Share to | Diocese | |||||||
| ofCanterbury | 10000 | 10000 | 45701 | |||||
| Parish Share accrual | ||||||||
| reversed | 4 | -26179 | -26179 | |||||
| Methodist Circuit accrual |
||||||||
| rcvcr scd | 4 | -9750 | -9750 | |||||
| Clergy working | expenses | 1455 | 1455 | 2594 | ||||
| -24474 | -24474 | 48295 | ||||||
| Church Running Expenses |
||||||||
| Upkeep of services | 524 | 524 | 2055 | |||||
| Organ/piano repairs |
||||||||
| and tuning | 1378 | 1378 | 674 | |||||
| Utilities and insurance | 9848 | 210 | 10058 | 10513 | ||||
| NLHF Project | 61630 | 61630 | 192704 | |||||
| Repairs and maintenance- | ||||||||
| toPCC | 360 | 360 | 1483 | |||||
| 12110 | 61840 | 73950 | 207429 | |||||
| Administration | ||||||||
| Admin expenses | 373 | 373 | 303 | |||||
| Independent Examiner |
940 | |||||||
| Miscellaneous | 86 | 86 | 99 | |||||
| 459 | 459 | 1342 | ||||||
| Other | ||||||||
| Other Restricted | Funds | 1135 | 1135 | 1250 | ||||
| Fees paid out | 3252 | 3252 | 3095 | |||||
| 3252 | 1135 | 4387 | 4345 | |||||
| Total Payments | -7330 | 62975 | 55645 | 265401 |
| Methodi 5. |
st Circuit off26179and 29750 Debtors |
respectively. | |
|---|---|---|---|
| 2020 | 2019 | ||
| Income | Tax recoverable | 0 | 13059 |
| Sundry | debtors | 0 | 500 |
| 0 | 13559 |
| 6. Creditors |
|||
| Diocese ofCanterbmy —Parish Share | 0 | 26179 | |
| Methodist Circuit |
0 | 9750 | |
| Sundry creditors | 0 | 9923 | |
| 0 | 45852 |
| Movements | on Designated | Funds | ||||
|---|---|---|---|---|---|---|
| Balance | Monies | Monies | Balance | |||
| I..1.20 | In | Out | 31.12.20 | |||
| f. | ||||||
| Church | Development | Fund | 26967 | 20000 | 6797 | |
| 8. | Movements | on Restricted | Funds | |||
| Heating Fund | 840 | 210 | 630 | |||
| NI.HF | Project | 40274 | 19607 | 61630 | -1749 | |
| NLHF | Project transfer | 1749 | 1749 | |||
| Organ | I'und | 380 | 380 | |||
| Rector's Fund (W H | Bird) | 683 | 683 | |||
| Sturry | Church Fund | 470 | 470 | |||
| Wedding Deposits | 3160 | 1020 | 1135 | 3045 | ||
| Westbere Fabric Fund | 2384 | 1444 | 3828 | |||
| 48191 | 23820 | 62975 | 9036 |
| 9. Movement on Endowment Fu |
nds | ||
|---|---|---|---|
| Balance | Increase | Balance | |
| 1.1.20 | in value | 31.12.20 | |
| Mission Room Recoupment | |||
| Order 1974 | 16439 | 1130 | 17569 |
| Capital Repayment —Fixed Interest | |||
| Securities | 32507 | 1147 | 33654 |
| Investment Income Fund Shares |
85941 | 5910 | 91851 |
| 134887 | 8187 | 143074 |