OpenCharities

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

2020-12-31-accounts

The Ecclesiastical Parish of St Barnabas & St Paul , with St Thomas the Martyr Oxford

ANNUAL REPORT AND ACCOUNTS 2020

Aim and purposes

The Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of the churches of St Barnabas, Jericho and St Thomas the Martyr, St Thomas Quarter, West Oxford.

Objectives and activities

As members of the Parish of St Barnabas and St Paul with St Thomas the Martyr we aim to celebrate and promote our heritage and our foundational role in the Catholic movement within the Church of England. The PCC is committed to excellence in liturgy and music and to becoming a place of mission through encouragement and compassion. We take our ethos from St Barnabas himself who is known as the ‘son of encouragement’ or ‘son of consolation’. We aim to enable as many people as possible to worship at our church and to become part of our parish community at St. Barnabas and St Thomas the Martyr. Our services and worship put faith into practice through prayer and scripture, music and sacrament. We try to enable people of the parish to live out their faith as part of our community through: worship and prayer; teaching and learning; pastoral care; outreach work through supporting a night shelter and donations to a locally managed foodbank. To facilitate this work it is important that we maintain the fabric of the Churches and their properties.

Mission and Ministry

Of course, it is a cliché to say that 2020 was an unusual and challenging year. We will all have our personal reflections on it. A significant proportion of time spent in national lockdown, particularly between 24 March 2020 and 12 July 2020 and the month of November 2020. Early on, like most churches we discovered the importance of technology and livestreaming through Facebook, YouTube, Vimeo and we quickly adapted to worshipping and meeting each other from home. These were challenging times spiritually and for a Sacramental community the feeling of physical separation cannot be underplayed. Nonetheless, everyone pulled together magnificently, and the Mass was duly celebrated including music recorded from people’s homes by choristers and choral scholars with the added effects of Garageband , to make us think that two singers sounded like a veritable massed choir. We were remarkably resilient and creative and despire the challenges, there are memories worth cherishing.

The re-opening of the Church and the return to physical worship in July felt like a precious but fragile gift, as we became used to the wearing of masks and keeping

2

our distance, not really feeling able to chat to one another, but grateful to at least be able to be in the same space together. It was indeed a fragile gift, because in November, our physical worship was curtailed, albeit this time we were allowed a very minimal number of ministers, servers and singers.

After a slightly subdued but nonetheless uplifting Advent and Christmas, society was plunged once again into a third national lockdown, which was set to last a lot longer than the previous two. But mercifully, the Government allowed places of worship to remain open. With careful and measured planning and oversight, St Barnabas managed to remain open throughout the third lockdown for prayer and worship. At all times, safety was maintained and during some weeks we were only one of three Churches to remain open, physically, in Oxford city. Some people remarked that being in the Church was the only real-life contact they had for the whole of the previous week. As we moved through Holy Week and Easter, we could see how much our local community valued the open doors of the Church, both physically and virtually.

Summary of some of the positive highlights of 2020

Without a doubt the experiences of 2020 isolated many from each other, but the strength and resilience of the worshipping community was undaunted as can be seen by the large return of people to the physical building and the dramatic drop-off in online attendance since mid 2020. (The quality of the livestreams has improved as the time has progressed).

3

Now that we have invested in the equipment for livestreaming and recording, we will continue to use it at times when it is necessary for the wider mission of the parish.

Electoral roll

At the APCM in October 2020, the Electoral Roll stood at 93.

Deanery Synod

We have three places available to us on Deanery Synod, two of which are currently filled. This demonstrates the commitment of the Parish to the wider life of the Church in Oxford and provides the PCC with an important link between the Parish and the administrative structures of the Church and diocese.

Buildings

The PCC manages a complex portfolio of properties aside from the two Church buildings, including two terraced houses and the St Barnabas Institute in Jericho, John Coombes House at St Thomas the Martyr and The Galilee Room at St Thomas the Martyr. The latter is shortly to be refurbished to house a Nursery.

Pastoral Care

Our ministry team meets weekly to discuss the needs of all those who receive our pastoral care. The team currently consists of three clergy (one priest and two deacons), and two LLMs as well as ordinands from St Stephen’s House and Ripon College Cuddesdon - all of whom engage in pastoral ministry and take communion to the sick and house-bound. The Churchwardens and Safeguarding Officer, Jane Thomas also attend weekly team meetings.

Sunday School

The Sunday school continues to be available for our very young children. On the first Sunday of each month, in non-Covid times, there is an ‘All Age Mass’, where the children are fully involved in taking part in the liturgy: serving at the altar, singing in the junior choir, reading the lessons and helping to lead the intercessions. The sermon is interactive, and the preacher ensures that the children are involved in some way. Post-COVID, the Vicar is considering a fresh approach to the All Age Mass.

On other Sundays, we have Sunday school for children (including babes-in-arms) up to the age of ten. They are taught and nurtured in the Christian faith, exploring different ways of prayer, and learning stories from scripture through activities which

4

include song, dance, drama, craft and colouring. Their work is shared with the congregation after Mass; art is taken home or displayed in the children’s corner.

The children also participate in the special festivals of the church year: bringing gifts to the altar at Harvest, acting out the Christmas story and giving out flowers on Mothering Sunday. In 2020, sadly neither the Christmas Eve Crib service nor Community Carol singing was possible due to COVID-19 restrictions.

Volunteers

The church would not function without those who offered their time, skills and enthusiasm. We would like to thank all of those who have contributed to the life of the Parish throughout the year, especially with the added pressures of the pandemic.

The Church in the Community

JWT

The parish has a major interest, and a key involvement including two trustees, in the Jericho Wharf Trust, which is responsible for the plan to develop the Jericho Wharf canalside site on behalf of the community. There have been many meetings of the JWT and the whole project has demanded much energy and commitment. A definitive outcome is not yet clear.

St Barnabas Primary School

St Barnabas School is financed by the Oxfordshire County Council in partnership with the Diocese of Oxford. The majority of the children are from the local catchment area. During 2020 the school suffered a loss of intake due to the pandemic, though the staff and pupils responded very well to the challenges that they year brought. The school has a fluid and diverse community, with over twenty languages being spoken, from a variety of cultural and faith backgrounds. Throughout the pandemic, the Vicar, Canon Gillingham, Maggie Ellis and our ordinands contributed to online Collective Worship, class teaching and virtual PrayerSpace. The incumbent is an exofficio Governor and during the latter half of 2020 served as the Vice-Chair. The PCC appoints six Foundation Governors: they are currently Mrs Jackie Aspden (PCC Governor and Chair of Governors), Fr Mark Stafford (from Pusey House), Ms Sarah Crofts (Diocesan Governor), Ms Rebecca Rose (Diocesan Governor), the Revd Canon Sue Gillingham (PCC Governor) and Mrs Jenny Pittaway (PCC Governor). Throughout 2020 meetings were held by Zoom.

Art Weeks

Art Weeks was not held in St Barnabas during 2020 due to the pandemic. An online version of Artweeks was held and it coincided with an online Vestment Exhibition.

5

Street Fair

This was cancelled in 2020 due to the pandemic.

Charities

The Church has an annual collection for Christian Aid. This year at Christmas we raised money for the Oxford Winter Night Shelter and The Oxford Gatehouse at our Christmas services. Aspire is an employment charity and social enterprise supporting homeless and disadvantaged people. It is based in St Thomas School, Osney Lane and maintains the St Thomas churchyard.

Donations to the Oxford foodbank

We donate non-perishable food items to the Emergency Foodbank and from the autumn, we run a small parish pantry with items donated from the local Co-op stores in Walton Street.

Concerts and choir rehearsals

Two local choirs, the Jericho Singers and The Rivers, use St Barnabas for their rehearsals. St Barnabas hosts concerts and recitals. Mr Paul South arranges bookings and oversees Health and Safety. During 2020, these bookings were severely curtailed due to the pandemic.

Ecumenical relationships

The church is a member of Churches Together in Central Oxford. CTCO projects include providing home-made soup to the Gatehouse (a local day care centre) during the winter and meeting regularly to pray for the homeless in Oxford. This year we took part in the CTCO’s homeless shelter during the winter months: every Friday night our parish, led by Maggie Ellis LLM, provided ten beds for the homeless. Members of our congregation volunteered for various tasks and gave generously.

The Romanian Orthodox Parish of St John Cassian uses St Thomas for its services, and we celebrate a joint Ecumenical Vespers on Saturdays with our Romanian friends. The Melkite congregation uses St Barnabas for occasional services.

6

Structure, governance and management

The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC has excepted status as a charity.

The method of appointment of PCC members is set out in the Church Representation Rules. At St Barnabas, the membership of the PCC consists of the incumbent, deacon, church wardens, reader and members elected by those members of the congregation who are on the electoral roll of the church. All those who attend our services, our members of the congregation, are encouraged to register on the Electoral Roll and are thereby eligible to stand for election to the PCC.

Given its wide responsibilities, the PCC has established the following subcommittees:

7

Administrative Information

The Parish Church of St Barnabas is situated on Cardigan Street, Jericho. It is part of the Diocese of Oxford within the Church of England. The correspondence address for the church and PCC is St Barnabas Church, c/o The Vicarage, St Barnabas Street, Oxford, OX2 6BG. Due to the pandemic, the APCM 2020 was held virtually on 17 October 2020. The PCC of the Ecclesiastical Parish of St Barnabas and St Paul with St Thomas the Martyr, Oxford is registered with the Charity Commission and its number is 1185150 .

PCC members who have served at any time from 1 January 2020 until the date of the approval of this report are included below:

Ex Officio Members:

Ex Officio Members:
Incumbent: The Reverend Christopher Woods*
Deacon: The Reverend Canon Professor Susan Gillingham
Licenced Lay Ministers (PTO):
Mrs Jenny Pittaway, Mrs Maggie Ellis
Churchwardens: Dr Hanneke Wilson (until October 2020)
Mr Paul South (from October 2020)*
Mrs Claire Herbertson*

Elected Members:

Mr Richard Doney, Deanery Synod representative (re-elected October 2020) Dr Birte Feix, Deanery Synod representative (elected October 2020) Mrs Hannah Doney, (Treasurer until October 2020, remaining elected member ) Mrs Jane Thomas Vice-Chair

Mrs Hilary Coyne-Barr (Treasurer from October 2020) Dr Hanneke Wilson (Secretary from October 2020) Mr Rupert McNeile (term ended in October 2020) Mrs Jackie Aspden (co-opted for 1 year in October 2020) Mrs Helen Brock (term ended in October 2020) Mr Michael Millard (term ended in October 2020)

Ms Claire Atkins

Mrs Mary-Louise Culpepper Dr Matthew Salisbury Mr Martin Gardner Miss Kathryn Goetz (from October 2020)

Mr William Bunce (from October 2020)

8

Financial Review

As noted above, this was a challenging year on many fronts. The effects of the closure of Church buildings and restrictions on attendance and activities at services as well as wider-world impacts on our community, suppliers, tenants, and donors can be seen in our finances for 2020.

Unrestricted (general) expenditure exceeded income by £46,156. This is an increase of around £33,000 on the previous year’s net expenditure.

Net movement in funds on unrestricted funds (including designated funds) was a decrease of £19,842.

Income

The Government-imposed lockdowns and restrictions had adverse impacts on the income received from external bookings of the church (40% reduction on 2019) and on open plate giving at services (75% reduction).

Despite the drop in cash giving, overall giving only decreased by £2,500 (6%) on the previous year as many regular givers switched to giving by bank transfer. The monthly receipt from Standing Order giving had increased by £1,000 (56%) by the end of the year.

Other increases from the previous year were seen in rental receipts for St Thomas’s Day Nursery and in external grants.

Rental income to the designated fund from the two Cardigan Street properties continues to represent an important aspect of Church finances and cashflow (25% of gross unrestricted income).

As noted in last year’s report, a legacy gift of £15,000 was received in 2019. If this is adjusted for then the general income received in 2020 is broadly the same as that received in 2019.

Expenditure

The Parish Share at £58,225 remains the largest area of expenditure at just over 40% of all unrestricted expenditure.

Unrestricted (general) expenditure was over £18,000 more in 2020 than in 2019 (a 15% increase). This increase mainly relates to two areas: church heating & lighting and expenditure on the churchyard.

9

Restricted funds

Organ fund : Net income of just over £7,000 was raised for the Organ fund in 2020 and an additional £1,300 has been accrued for gift aid. This brings the overall total raised for the Organ fund by year end to £42,132.

Junior Choir : Costs associated with the Junior Choir include Choral Scholarships funded from a generous grant of £6,000 received from The Ouseley Church Music Trust in 2017. By year end 2020 £4,000 of the grant had been disbursed, including £1,700 during 2020, with the remainder allocated for disbursement to scholars in 2021.

Galilee Rooms Project : Costs for the project to develop the Galilee Rooms site at St Thomas’s Church are funded from the receipts under the contract for sale of the existing nursery land. As such, these funds are restricted and are held in an escrow account managed by Winckworth Sherwood solicitors. This account has been brought onto the PCC’s balance sheet as at 1 April 2020. An adjustment to the restricted funds opening balance of £66,424 can be seen in Note 10 and the Statement of Financial Activities.

Parish Room Charity

In previous years, the PCC has received a significant contribution from the Parish Room Charity (memorandum accounts included). The Parish Room Charity’s objective is to the upkeep of land and buildings belonging to the Parish Room Charity (namely John Combes House) and furthering the religious and other charitable work of the Church in the Parish. The Parish Room Charity’s income is limited to rental income from John Combes House. Due to the pandemic, rental income could not be received from John Combes House for all of 2020. In the next few years when building work commences for the Galilee Rooms Project, it will not be possible to generate full income. Funds were therefore retained in the charity in 2019 and again in 2020 to meet the costs of insurance and council tax which will continue to be payable by the Trust while it is unable to generate income. The affordability and benefits of a contribution to the PCC in 2021 are being reviewed. The PCC are sole trustees of the Parish Room Charity.

10

Balance sheet

Gift aid claims for the periods from April 2018 to April 2021 are being prepared and will be submitted in 2021. A figure for income tax recoverable of £27,175, relating to the period April 2018 to December 2020, is therefore included under debtors. Within this, £7,000 is for the Organ fund.

An over-accrual of £2,000 for fees payable to the Diocese relating to 2016-2018 has been written back. This therefore shows as a positive value in the expenditure contributing to the net amount shown in Note 2.

As noted in last year’s report, the balance sheet shows £9,332 classified as ‘cash in hand’. Almost all of this relates to receipts which were not banked in 2018 and are subject of ongoing criminal proceedings. Once the outcome of those proceedings is known the PCC can make a decision on treatment of this money in the accounts. If some or all of the money cannot be recovered through the criminal or any subsequent civil proceedings then the PCC may need to write off the income in future financial year.

2021 Budget: income and savings targets

Recognising the challenges faced in 2020 and their financial impacts for the Church, the 2021 budget has built in targets for increased income from giving, external grants, church bookings and reduced expenditure on energy bills and discretionary spend. A stewardship campaign launching mid-2021 will support these targets and enhance the opportunities to raise income.

The ability to realise these targets will depend on the extent to which normal operations and life can be maintained across the Church and its community.

Reserves Policy

It is PCC policy to try to maintain a balance on unrestricted funds which equates to a minimum of three months’ unrestricted payments. Beyond this, the PCC aims to maintain a balance equivalent to six months. This is equivalent to £36,000 to £72,000 based on current average monthly expenditure.

The balance on unrestricted funds at year end was £58,644. This represents a reduction in reserves of just under £20,000 since the end of 2019 and means the reserve levels fall below the six-month target.

Within the unrestricted funds, the PCC has created a designated fund for property repairs. This reserve is not restricted but has been created to help the PCC put aside funds to meet the costs of future repairs, maintenance and replacements for 47 and

11

50 Cardigan Street. At year end £6,000 was held in the designated fund. If this is excluded from unrestricted funds the balance held at year end is £52,644.

12

To Members of the Parochial Church Council

St Barnabas and St Paul with St Thomas the Martyr

Oxford 13 May 2021

Dear members of the PCC,

Independent examiner’s report – year ended 31[st] December 2020

I report on the accounts of the Parochial Church Council of St Barnabas and St Paul with St Thomas the Martyr, Oxford for the year ended 31st December 2020.

Respective responsibilities of the PCC and examiner

The charity's trustees, the PCC, are responsible for the preparation of the accounts. The PCC consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity

Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a 'true and fair view', and the report is limited to those matters set out in the statement below.

13

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Yours faithfully

Michael Everett, MA, CTA

14

Statement of Financial Activities for the period 1 January 2020 to 31 December 2020

Total
Funds
2019
£
Note
Incoming Resources
Incoming Resources from Generated Funds
1
69,071
Voluntary Income
1a
31,791
Investment Income
1b
812
Incoming Resources from Charitable Activities
1c
57,384
Other Incoming Resources
1d
159,058
Total Incoming Resources
Resources Expended
2
(140,559)
Charitable Activities - Ministry
2a
(4,329)
Charitable donations
2b
(6,533)
Investment Costs
2c
(3,847)
Management and administration
2d
-
Other Resources expended
2e
(155,268)
Total Resources Expended
3,790
Net Incoming / Outgoing resources before transfers
0
Gross transfers between funds
3,790
Net Incoming / Outgoing resources before
other
-
Other recognised gains and losses
3,790
Net movement in funds
3,320,365
Total funds brought forward from 31 December 2019
Adjustment
10
3,324,155
Total funds carried forward
9		 General
Designated
£
£
48,442
-
30
31,700
1,494
-
43,599
-
93,565
31,700
(131,427)
-
(185)
-
(145)
(5,386)
(7,964)
-
-
-
(139,721)
(5,386)
(46,156)
26,314
46,156
(46,156)
0
(19,842)
-
-
0
(19,842)
-
78,485
0
58,644
Unrestricted Funds		 £
2,874
-
-
7,952
10,826
(2,619)
(1,115)
-
-
(13,098)
(16,832)
(6,006)
-
(6,006)
-
(6,006)
3,245,670
66,424
3,306,088
Restricted
Funds		 Total Funds
2020
£
51,317
31,730
1,494
51,551
136,091
(134,046)
(1,300)
(5,531)
(7,964)
(13,098)
(161,939)
(25,848)
-
(25,848)
-
(25,848)
3,324,155
66,424
3,364,731

15

Balance Sheet as at 31 December 2020

Total Funds
2019
£
3,240,000
8,730
3,248,730
25,904
7,131
79,325
9,443
121,802
(46,378)
75,424
3,324,155
-
3,324,155
-
78,485
3,245,670
3,324,155		 Restated Total
Funds
2019
£
Note
Tangible fixed assets
3,240,000
3
8,730
3
3,248,730
Total tangible fixed assets
Current assets
25,904
Debtors
4
7,131
Short term deposits
145,749
Cash at bank
9,443
Cash in hand
188,227
Total current assets
(46,378)
Liabilities: amounts due within one year
5
141,849
Net Current assets
3,324,155
Total assets less current liabilities
-
Liabilities: amounts due over one year
6
3,324,155
Net assets
7
Funds
Unrestricted
-
General
78,485
Designated
3,312,094
Restricted
3,390,579
Total Funds
9		 Total Funds
2020
£
3,240,000
8,730
3,248,730
35,300
7,159
80,856
9,332
132,647
(16,646)
116,001
3,364,731
-
3,364,731
(0)
58,643
3,306,088
3,364,731

Approved by the Parochial Church Council on 22 May 2021 and signed on its behalf by:

The Reverend ChriThe Reverend Christopher Woods (Chairman and Vicar)

Mrs L C Herbertson (Church Warden)

Mr Paul South (Church Warden)

Notes 1 to 10 on the following pages form part of these accounts

16

Notes to the financial statements for the year ended 31 December 2020

Total Funds
2019
£
1a Voluntary Income
Planned Giving
25,279
Tithes
11,200
Income tax recoverable
-
Other planned giving
-
Collections
10,511
Open plate & Envelopes
1,250
Income tax recoverable
15,000
Legacies
5,830
Sundry donations
-
Grants
69,071
1b Investment Income
14,700
Rent from 47 Cardigan Street
17,040
Rent from 50 Cardigan Street
51
Dividends and interest
31,791
1c Incoming resources from charitable activities
848
-
Parish Share rebate
1,660
Fees from Occasional Offices
812
Total Funds
2018
£
1d Other incoming resources
8,000
Jericho Community Association - Fee for Church Institu
955
Fundraising Events
722
Donations for coffee and biscuits
154
Car parking
4,720
Church Bookings
4,800
Contribution from Romanian Orthodox congregation
18,365
Organ Appeal
19,669
Rent from St Thomas' Day Nursery
-
Miscellaneous income
57,384
159,058
Total incoming resources		 General
Designated
£
£
30,044
-
7,450
-
-
2,473
-
350
-
-
-
5,625
-
2,500
-
48,442
-
-
15,900
-
15,800
30
-
30
31,700
-
-
1,494
-
1,494
-
General
Designated
£
£
t
8,000
-
-
-
-
-
-
-
2,866
-
5,200
-
-
-
25,324
-
2,208
-
43,599
-
93,565
31,700
Unrestricted Funds
Unrestricted Funds		 £
1,300
-
459
-
-
1,115
-
2,874
-
-
-
-
-
-
-
£
-
-
-
-
-
-
7,952
-
-
7,952
10,826
Restricted
Funds
Restricted
Funds		 Total Funds
2020
£
30,044
8,750
-
-
2,932
350
-
6,741
2,500
51,317
15,900
15,800
30
31,730
-
1,494
1,494
Total Funds
2020
£
8,000
-
-
-
2,866
5,200
7,952
25,324
2,208
51,551
136,091

17

2 Resources expended
Total Funds
2019
£
2a Charitable Activities - Ministry
(56,801) Parish Share
(1,939) Direct ministry expenses
Building expenses
(21,435)
Heating & lighting
(11,715)
Repairs
(6,919)
Insurance
(36,621) Choir, piano and organ
-
Sunday school
(336) Pilgrimages and Parish Outings
(419) Fees payable to the Diocese
(1,287) Churchyard garden
-
Other Property Costs
(88) Church contents
(2,051) Sacristy expenses
(648) Social events and coffee
(299) Purchase of flowers for church
-
Depreciation
(140,559)
2b Charitable donations
(4,329)
(4,329)
Total Funds
2019
£
2c Investment costs
(175) Bank charges
47 Cardigan Street
(293)
Insurance
(1,927)
Repairs and replacements
-
Other Property Costs
50 Cardigan Street
(302)
Insurance
(3,553)
Repairs and replacements
(284)
Other Property Costs
(6,533)
2d Management and administration
(1,263) Printing & stationery
(1,619) General administration expenses
(23) Advertisements
(697) Subscriptions and fees
-
Legal & Professional services
(245) Miscellaneous
(3,847)
2e Other resources expended
-
Galilee Rooms Project costs
-
155,268
Total Resources expended		 General
Designated
£
£
(58,225)
-
-
-
(32,850)
-
(8,123)
-
(7,661)
-
(13,205)
-
(34)
-
(180)
-
1,343
-
(9,527)
-
(942)
-
(468)
-
(1,222)
-
(158)
-
(175)
-
-
-
(131,427)
-
(185)
-
(185)
-
General
Designated
£
£
(145)
-
-
(305)
-
(1,519)
-
-
-
(314)
-
(3,068)
-
(180)
(145)
(5,386)
(1,584)
-
(1,747)
-
-
-
(553)
-
(4,080)
-
-
(7,964)
-
-
-
-
-
(139,721)
(5,386)
Unrestricted Funds
Unrestricted Funds		 £
-
-
-
-
-
(2,619)
-
-
-
-
-
-
-
-
-
-
(2,619)
(1,115)
(1,115)
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(13,098)
(13,098)
(16,832)
Restricted
Funds
Restricted
Funds		 Total Funds
2020
£
(58,225)
-
(32,850)
(8,123)
(7,661)
(15,824)
(34)
(180)
1,343
(9,527)
(942)
(468)
(1,222)
(158)
(175)
-
(134,046)
(1,300)
(1,300)
Total Funds
2020
£
(145)
(305)
(1,519)
-
(314)
(3,068)
(180)
(5,531)
(1,584)
(1,747)
-
(553)
(4,080)
-
(7,964)
(13,098)
(13,098)
(161,939)

18

3 Tangible Fixed Assets

----- Start of picture text -----
Land and Equipment
buildings and furniture Total
£ £ £
Cost
At start of period 3,240,000 9,554 3,249,554
Additions - - -
- - -
Disposals
At close of period 3,240,000 9,554 3,249,554
Depreciation
-
At start of period (824) (824)
- - -
Charge for the year
- - -
Disposals
At close of period - (824) (824)
Net book value
At start of period 3,240,000 8,730 3,248,730
At close of period 3,240,000 8,730 3,248,730
4 Debtors
Total Funds Total Funds
2019 2020
£ £
5,205 Trade Debtors 4,080
18,075 Income tax recoverable 27,175
2,623 Other debtors and prepayments 4,045
25,903 Total Debtors 35,300
5 Liabilities: amounts due within one year
Total Funds Total Funds
2018 2020
£ £
(35,243) Trade creditors (6,326)
(7,153) Receipts in Advance (8,603)
(3,982) Accruals and other creditors (1,717)
(46,378) Total Liabilities: amounts due within one year (16,646)
6 Liabilities: amounts due over one year
Total Funds Total Funds
2019 2020
£ £
- None -
- -
Total Liabilities: amounts due over one year
7 Analysis of net assets by fund
Total Funds Unrestricted Restricted Total Funds
2019 Funds Funds 2020
£ £ £ £
3,248,730 Fixed Assets 8,730 3,240,000 3,248,730
75,425 Net Current Assets / (Liabilities) 49,913 66,088 116,001
3,324,155 58,643 3,306,088 3,364,731
- - - -
Liabilities: amounts due over one year
3,324,155 Fund Balance 58,643 3,306,088 3,364,731
----- End of picture text -----

19

8 Capital commitments

At the Balance Sheet date no commitments had been entered into in respect of Capital Expenditure

9 Employee Emoluments

Director of Music
Assistant Director of Music
Total		 Gross Wages
Employers'
National
Insurance
Total Cost of
Employment
£
£
£
8,708
273
8,981
2,000
2,000
10,708
273
10,981

A backdated salary increase to £7,000 p.a. was made to the Director of Music in 2020 and is reflected in the figure above.

20

Notes to the financial statements for the year ended 31 December 2020

10 Analysis of movements in Reserves

Unrestricted - General Fund
Unrestricted - Designated Funds
Property Fund
Property reserve for repairs
Total Unrestricted Funds
Restricted Funds
Land and Buildings
Flower fund
Special Collections
Organ fund
Piano
Deanery Mission Fund
Fabric Fund
Galilee Rooms Project
Junior choir
Total Restricted Funds
Grand Total		 Balance
31 December 2019
Adjustment
Balance 1 January
2020
Income for year
Interest to
reserves
Qualifying
Expenditure
Transfers
between
funds
Balance
31 December
2020
£
£
£
£
£
£
£
£
(0)
(0)
93,565
(139,721)
46,156
(0)
-
-
72,485
72,485
31,700
(843)
(50,699)
52,643
6,000
6,000
-
(4,543)
4,543
6,000
78,485
-
78,485
125,265
-
(145,106)
-
58,643
3,240,000
3,240,000
3,240,000
10
10
-
-
-
10
101
101
1,115
(1,115)
-
101
1,037
1,037
9,711
(841)
-
9,907
415
415
-
-
415
1,500
1,500
-
-
-
1,500
210
210
-
-
-
210
66,424
66,424
-
(13,098)
-
53,326
2,398
2,398
-
(1,778)
620
3,245,670
66,424
3,312,094
10,826
-
(16,832)
-
3,306,088
3,324,155
66,424
3,390,579
136,091
-
(161,939)
-
3,364,731

21

Memorandum Account: Parish Room Charity

Incoming Resources
Rent
Interest and Dividends
Council tax rebate
Total Incoming Resources
Resources Expended
Donation to PCC
Council Tax
Utilities
Repairs and Maintenance
Total Resources Expended
Net Movement in Funds
Funds Brought Forward
Investments
Deposits
Cash
Total Funds Brought Forward
Funds Carried Forward
Investments
Deposits
Cash
Total Funds Carried Forward		 2019
£
12,723
-
-
12,723
-
948
-
101
-
3,296
-
4,345
-
8,378
2,000
19,039
12,529
33,485
2,000
19,039
20,907
41,863		 2020
£
6,270
147
296
6,713
-
-
-
3,003
-
3,003
-
3,710
2,000
19,039
20,907
41,863
2,000
19,186
24,470
45,573

At 31 December 2020 Investments held by the Diocese of behalf of the Parish Room Charity had a market value of £5,000.54.

22