2020-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Mary The Virgin, Lewisham

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			Note	202Q		2019
Fixed assets
Investments			10		69,445		65,164
					69,445		65,164
Current assets
Debtors				264	5,252
Cash at bank and	in hand			202,933	194,163
Total current assets				203,197	199,415
Creditors: amounts	falling	due
within one year				(4,719)	(3,726)
Net current assets					198,478		195,689
Total assets less current liabilities					267,923		260,852
Net assets					267,926		260,852
The funds ofthe charity:
Endowment funds					69,445		65,164
Restricted funds					189,976		191,277
Unrestricted funds					8,502		4,411
Total charity funds			14		267,923		260,852
These fina nciai statements		were approved	by the PCC on .......S.!.......................and signed on its b eh a if 8' mz. l			by:

	Charitable activities
							Total	Total
				Restricted		Unrestricted	funds	funds
				funds		funds	2020	2019
				f		f	f	f
	Director of music					5,880	5,880	5,141
	Parish share					61,680	61,680	61,500
	Church premises			7,157		14,758	21,915	32,541
	Upkeep of services Ministry costs Ministers' expenses					1,373 350	1373 350	1,347 1,658
	Communications				947	3,581	4,528	5,202
	Crypt costs Therapeutic garden costs St Mary's Festival costs				796	1,719	1,719 796	3,410 1,146
	St Mary's Social costs				16		16
	St Mary's Day School Youth work	costs		1,382 849			1,382 849	1,879
	Sundries					(1,961)	(1,961)
	Independent examination			11,147		4,440 91,820	4,440 102,967	113,824
	Grant funding of activities		Note 6			978	978	2,385
	Share ofsupport costs		Note 7			4,830	4,830	6,153
	Share ofgovernance	costs	Note 7			1,080	1,080	4,440
	Total			11,147		98,707	109,854	126,802
6	Grants payable						2020	2019
							f.	f
	Grants to institutions:
	Ouseley Church Music Trust
	The Children's Society Other							598
								598
	Grants to individuals						978	1,787
	Total						978	2,385

			Support	Support	Governance	Governance	Total	Support	Governance	Total
			costs			costs	2020	costs	costs	2019
			f			f	f			f
Staff costs			4,830				4,830	5,346		5,346
Administrative expenses								807		807
Accountancy						1,080	1,080		4,440	4,440
			4,830			1,080	5,910	6,153	4,440	10,593
Staff costs and numbers
									2020	2019
Staff costs were as follows:									E
Salaries and	wages								10,430	10,487
Social Security costs
Employer's	contribution	to	defined	contribution		pension	schemes
Total									10,430	10,487
No employee received emoluments				of more than f60,000(2019:nil)
The average	number of	employees		during	the	year was as follows:
									2020	2019
Ministerial
Support

10	Fixed assets investm	ents
					Listed
					investments		Total
					f		f
	Cost or valuation
	At 1January 2020				65,164		65,164
	Valuation changes				4,281		4,281
	At 31December 2020				69,445		69,445
	Carrying amount At 31December 2020				69,445		69,445
	At 31December 2019				65,164		65,164
11	Debtors
						2020	2019
						f
	Other debtors					264	5,252
	Prepayments
	Total					264	5,252
12	Creditors: amounts	falling due	within one year
						2020	2019
						f	f
	Other creditors					279	366
	Accruals					4,440	3,360
	Total					4,719	3,726
13	Analysis of net assets between		funds
	Current year
				General	Restricted	Endowment	Total
				funds	funds	funds	funds 2020
				f	f	f	f
	investments					69,445	69,445
	Current assets			13,221	189,976		203,197
	Current liabilities			(4,719)			(4,719)
	Net assets at 31 December 2020			8,502	189,976	69,445	267,923
	Comparative - previous year
				General	Restricted	Endowment	Total
				funds	funds	funds	funds 2019
				f	f	f	f
	Investments					65,164	65,164
	Current assets			8,137	191,277		199,414
	Current liabilities			(3,726)			(3,726)
	Net assets at 31 December 2019			4,411	191,277	65,164	260,852

Movements in fun	ds
Current year								At
		At 1January	Incoming	Outgoing	Transfers		Gains/	31December
		2020	resources	resources	between	funds	(losses)	2020
		f	f	f	f		f	f
Endowment funds:
St Mary's Day School Fund		31,464					1,955	33,419
Hobbs Legacy		5,011					346	5,357
Sale of Elfrida Hall		26,662					1,841	28,503
Chancel Fund		2,027					140	2,167
Total endowment	funds	65,164					4,281	69,445
Restricted funds:
Appeal Fund		87,244	3,541	(8,104)		779		83,460
Legacy Grant Crypt Capital Fund Organ Fund Bell Restoration Fund		78,063 3,642 103 805	624 1,106 56					78,687 4,748 103 861
Therapeutic Garden		(12)	1,732	(795)				925
Smith Trust		7,224	950	(850)				7,324
St Mary's Day School Fund		6,699	993	(1,382)				6,310
St Mary's Festival	Fund	13						13
St Mary's Social		2,657		(16)				2,641
Colfe's Chaplaincy	Fund	3,870						3,870
Chancel Fund		969	65					1,034
Total restricted funds		191,277	9,067	(11,147)		779		189,976
General fund		4,411	103,577	(98,707)		(779)		8,502
Total unrestricted	funds	4,411	103,577	(98,707)		(779)		8,502
Total funds		260,852	112,644	(109,854)			4,281	267,923

					Notes to the accounts
					for the year ended
					31December 2020
14	Movements in funds (continued)
	Purposes ofendowment		funds:
	St Mary's Day Scool		Fund:		funds for the adjacent primary school.
	Hobbs Legacy:				funds for youth work.
	Sale of Elfrida Hall;				funds for youth work.
	Chancel Fund:				funds for the church building.
	Purposes of restricted	funds:
	Appeal Fund:				funds for building works and	projects,
	Legacy Grant:				funds for capital costs and other grants.
	Crypt Capital Fund				funds to be spent on capital	works	in the Crypt ofthe church.
	Organ Fund:				funds for organ maintenance.
	Bell Restoration Fund:				funds for the church bells and related			tower.
	Therapeutic Garden		Fund:		funds for church garden development			and maintenance.
	Smith Trust:				funds for youth work.
	St Mary's Day Scool		Fund:		funds for the adjacent primary school.
	St Mary's Festival Fund:				funds for the festival annual	event.
	St Mary's Social Committee			Fund:	funds for events put on by the committee.
	Colfe's Chaplaincy	Fund:			funds to provide chaplaincy	support	for Colfe's School and for the provision
					of parish administrators.
	Chancel Fund:				funds for building works and	projects.
	Hobbs Legacy:				funds for youth work.
	Sale of Elfrida Hall:				funds for youth work.