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|||Page|
|---|---|---|
|Index to the Financial Statements|||
|Charity Information|||
|Trustees' Report|||
|Statement ofTrustees' Responsibilities|||
|Independent
Examiner's|Report||
|Statement ofFinancial Activities|||
|Statement ofFinancial Postion|||
|Statement ofCash Flows|||
|Accounting
Policies||10-11|
|Notes to the Accounts||12-16|
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|Sta'tus:||||The Parochial
Church|Council (PCC)|Council (PCC)|Council (PCC)|is a corporate|body established|body established|body established|by the Church of|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||England.
Itis constituted||and|governed
by the Parochial|||Church Councils (Powers)|||
|||||Measure 1956(as amended)|||and the|Church Representation|||Rules|(2011).The|
|||||members
ofthe PCC are||its trustees||under charity|law and||are referred to as such||
|||||throughout
this reporL|||||||||
|Chartty name:||||Christ Church 8 St.John, Clapham|||||||||
|Charity registration|||number:|1185756|||||||||
|Registered|office:|||Christ Church Vicarage|||||||||
|||||39Union Grove|||||||||
|||||London
SWB2QJ|||||||||
|Operations|address:|||Union Grove|||||||||
|||||Clapham|||||||||
|||||London
SWB2QJ|||||||||
|Trustees who||held oNce||Revd Canon Penny Rose-Casemore|||||||||
|during the year:||||Revd Robert Faulkner|||||||||
|||||Affua Adade|||||||||
|||||Nsirim Anthony
Captain||Akarolo|||||||
|||||Josephine
Akinlotan-Traore-Olorho|||||||||
|||||Annabe8e
Briggs|||||||||
|||||Vemaldis Ches-A-Tow|||||||||
|||||Liz Grant|||||||||
|||||Fatmata Jackson|||||||||
|||||Pia Mwanakunda|||||||||
|||||Lucette Ognami|||||||||
|||||Tony Olutola|||||||||
|||||Rose Peake|||||||||
|||||Joan Senge|||||||||
|||||Peter Smith|||||||||
|||||Jane Sutton|||||||||
|||||Sharon Donaldson|||||||||
|Chair:||||Revd Canon Penny Rose-Casemore|||||||||
|Independent||Examiner:||Anthony
Armstrong|FCA||||||||
|||||Armstrong
&Co|||||||||
|||||Chartered
Accounlants||&Statutory Auditor|||||||
|||||4a Printing
House Yard|||||||||
|||||Hackney Road|||||||||
|||||London
E27PR|||||||||
|Bankers:||||Barclays Pic|||||||||
|||||1 Churchill
Place|||||||||
|||||London E145HP|||||||||
|Investment|managers:|||CCLA|||||||||
|||||Senator House|||||||||
|||||85Queen Victoria Street|||||||||
|||||London
EC4V4ET|||||||||
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|for the
earende|d
31D|ecember2020|||||||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
|||||unrestricted|Restricted|Funds|Total Funds|Total Funds|
|||||Funds|||||
||||Notes|E|E||E|E|
|Income from:|||||||||
|Donations
and legacies||||22,237||3,676|25,913|75,500|
|Other trading activities||||62,668|||62,668|102,619|
|Investments||||4,421|||4,421|4,293|
|Income||||831|||831|2,245|
|Total income||||90,157||3,676|93,833|184,657|
|Expenditure
on:|||||||||
|Charitable
activities||||100,183|||100,183|183,058|
|Totalexpenditure||||100,183|||100,183|183,058|
|Total income less|total expenditure|||(10,026)||3,676|(6,350)|1,599|
|Net gains/(losses)|on investments||10|10,175|||10,175|23,238|
|Net income/(expenditure)||and movement|in funds|149||3,676|3,825|24,837|
|Reconciliation of|funds:||||||||
|Total funds brought|forward||15|261,405||22,525|283,930|259,093|
|Total funds carried forward|||14|261,554||26,201|287,755|283,930|
##
||||31December|2020|31December|2019|
|---|---|---|---|---|---|---|
|||Notes|6|f|||
|Fixed assets:|||||||
|Inveslmenls||10||157,520||147,345|
|Total fixed assets||||157,520||147,345|
|Current assets:|||||||
|Debtors||11|3,092||2,535||
|Cash at bank and In|hand|12|130,268||137,305||
|Total current assets|||133,360||139,840||
|Creditors: amounts|falling due within one year|13|3,125||3,255||
|Net current assets/(liabilities)||||130,235||136,585|
|Total net assets||||287,755||283,930|
|The funds ofthe charity:|||||||
|Restricted income funds||18||26,201||22,525|
|Unrestricted
income|funds|16||261,554||261,405|
|Total charity funds||20||287,755||283,930|
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|||||||||Notes|2020|2019|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||E|E|
|Cash flows from operating
activities:
Net cash provided
by/(used
in) operating|||activities|||||1|~11.458|1,103|
|Cash flows from investing
activities:|||||||||||
||Dividends,
interest and rents from investments||||||||4,421|4,293|
|Net|cash provided
by/(used
in) investing||activities||||||4,421|4,293|
|Change
in cash and cash equivalents||in the||reporting||period|||(7,037)|5,396|
|Cash and cash equivalents
at the beginning||||ofthe reporting|||period||137,305|131,909|
|Cash and cash equivalents
at the end||of|the|reporting||period|||130,268|137,305|
|Notes to the Cash Flow Statement|||||||||2020|2019|
||||||||||E|E|
|1)|Reconciliation
ofnet income/(expenditure)||||to net|cash flow from|||||
||operating
activities||||||||||
||Net income/(expenditure)
for the|reporting|||period (as per||the statement|offinancial|||
||activities)||||||||3,825|24,837|
||Adjustments
for:||||||||||
||Depreciation
charges|||||||||4,612|
||(Gains)/losses
on investments||||||||(10,175)|(23,238)|
||Dividends,
interest and rents from investments||||||||(4,421)|(4,293)|
||(Increase)/decrease
in debtors||||||||(557)|(258)|
||Increase/(decrease)
in creditors||||||||(130)|(556)|
||Net cash provided
by/(used
in) operating||||activities||||11,458|1,103|
||||||||||2020|2019|
||||||||||E|E|
|2)|Analysis ofcash and cash equivalents||||||||||
||Cash in hand||||||||130,268|137,305|
||Total cash and cash equivalents||||||||130,268|137,305|
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|2|Net incoming|resources||2020|2019|
|---|---|---|---|---|---|
||Nel incoming|resources are staled alter|charging:|E|E|
||Independent|Examiner's fees - reporting|service|1,250|1,200|
||Depreciation|- owned assets|||4,612|
##
|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|Income from donations||and legacies||Unrestricted|Restricted|Total|Total|
|||||E||E|E|
|Stewardship
giving||||10,919||10,919|13,258|
|Income tax recoverable||||3,248||3,248|3,393|
|General collections||||4,070||4,070|4,860|
|Cultural Connections|||||||48,786|
|Legacies||||3,000||3,000||
|StJohn's Community|Development||Project|1,000||1,000|1,600|
|Charity for repair ofStJohn the Evangelist|||||3,676|3,676|3,603|
|||||22,237|3,676|25,913|75,500|
|||||||2020|2019|
|Income from other trading
activities||||Unrestrictedf|Restricted
E|Totalf|Totalf|
|StJohn's Hall||||4,950||4,950|10,695|
|Apostolic Cell|||||||840|
|Iglesia Apui||||8,090||8,090|20,116|
|Testimonial
Ministries||||3,600||3,600|7,200|
|Union Grove Community||Nursery||36,000||36,000|36,000|
|Presbyterian
Church|of|Ghana||2,345||2,345|7,280|
|Alcoholics Anonymous||||347||347|1,040|
|Thrive|||||||75|
|Peace Congregation||||573||573|315|
|Rent from 39a Union|Grove|||6,763||6,763|19,044|
|TraidcraR sales|||||||14|
|||||62,668||62,668|102,619|
|||||||2020|2019|
|Income from investments||||Unrestricted
E|Restricted|Total
E|Totalf|
|CBFinvestment
fund||||4,421||4,421|4,293|
|||||4,421||4,421|4,293|
|||||||2020|2019|
|Other income||||Unrestricted|Restricted|Total|Total|
|||||E|E|E|E|
|Fees 8 funerals||||831||831|2,245|
|||||831||831|2,245|
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|||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|
|Expenditure|on charitable|||activities||Unrestricted|Restricted|Total|Total|
|||||||E|E|E|E|
|Church pmjects||||||||||
|Cultural
Connections|||||||||65,028|
||||||||||65,028|
|Ministry||||||||||
|Diocesan assessment||||||17,838||17,838|15,630|
|Clergy &SPA||expenses||||728||728|1,315|
|Training||||||423||423|353|
|||||||18,989||18,989|17,298|
|Worship||||||||||
|Worship
&sacristy materials||||||1,969||1,969|5,212|
|Musicians||||||1,755||1,755|2,404|
|||||||3,724||3,724|7,616|
|Church maintenance||||||||||
|Insurance||||||9,224||9,224|9,207|
|Gas &electricity||||||12,164||12,164|13,547|
|Water rates|||||||||379|
|Maintenance||&repairs||||14,049||14,049|24,610|
|Cleaning 8|gardening|||||7,655||7,655|8,135|
|Organ tuning||&repairs||||592||592|354|
|||||||43,684||43,684|56,232|
|Other parish||acUvitfes||||||||
|Sunday school|||||||||942|
|Hospitality||||||1,781||1,781|3,486|
|Mission||||||664||664|171|
|Citizens UK||||||1,000||1,000|1,000|
|||||||3,445||3,445|5,599|
|Management||&administration||||||||
|Administrative||assistance||||19,718||19,718|18,061|
|Printing
&oflice expenses||||||5,876||5,876|3,649|
|Equipment|&|computer|support||||||504|
|Telephone||||||2,396||2,396|2,610|
|Robes expenses||||||706||706|400|
|Sundries||||||395||395|249|
|Independent||examiner's|fees|||1,250||1,250|1,200|
|Depreciation|||||||||4,612|
|||||||30,341||30,341|31,285|
|||||||100,183||100,183|183,058|
|Staff costs||||||||2020|2019|
|||||||||E|E|
|Salaries||||||||21,443|19,308|
|||||||||21,443|19,308|
|Number of|employees||during the year was:|||||2.0|2.0|
|Average number ofFTEemployees|||||during the year was:|||1.0|1.0|
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||||||Church|Church||Refurbishment
of|Refurbishment
of||
|---|---|---|---|---|---|---|---|---|---|---|
|9|Tangible fixed assets||||Improvementsf||Offfce equipment
E||Vicarage flat
f|Total
E|
||Cost||||||||||
||As at 1 January|2020|||9,981||2,960||39,526|52,467|
||As at 31 December 2020||||9,981||2,960||39,526|52,467|
||Depreciation||||||||||
||As at 1 January|2020|||9,981||2,960||39,526|52,467|
||As at 31 December 2020||||9,981||2,960||39,526|52,467|
||Net book value||||||||||
||As at 31 December 2020||||||||||
||As at 31 December 2019||||||||||
||||||||||CBFInvestment||
|10|Investments||||||||Fund|Total|
||||||||||E|E|
||Market value||||||||||
||As at 1 January|2020|||||||147,345|147,345|
||Revaluations||||||||10,175|10,175|
||As at 31 December 2020||||||||157,520|157,520|
||CBFInvestment|Fund|Church Board ofFinance||Investment|Fund|Shares were purchased||in 1997from the sale||
||||proceeds of330Clapham||Road. Some shares were sold in|||2016.The charity currently||holds|
||||7,704 units|in the fund.|||||||
|Debtors: amounts|falling due within one year|2020f|2019
E|
|---|---|---|---|
|Accrued income||3,092|2,535|
|||3,092|2,535|
|Bank and cash in hand||2020|2019|
|||E|E|
|CBFDeposit||43|43|
|Christ Church deposit account||203|203|
|Christ Church
&StJohn's joint account||128,279|135,316|
|Christ Church
No 1|account|709|709|
|Christ Church
Hall account||44|44|
|StJohn's current account||990|990|
|||130,268|137,305|
|Creditors: amounts|falling due within one year|2020f|2019
E|
|Funds for others||(25)|725|
|Employment
taxes & Nl||(48)|680|
|Staff pensions||278|(103)|
|Net salaries||78|104|
|Accruals &deferred|income|2,842|1,849|
|||3,125|3,255|
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||||||Opening|||Resources|Resources|Resources||Other|Closing|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|14|The funds|ofthe charity: current year|||balance||||arising|utigsed||movements|balance|
||||||E||||E|||E|E|
||Restricted funds|||||||||||||
||Restricted income funds||||22,525||||3,676||||26,201|
||Unrestricted|funds||||||||||||
||Designated
funds
General funds
Total unrestricted||funds||18,000
243,405
261,405||||~0.157 ~100.183
90.107 ~700.783|||10,175
10,175|18,000
243,554
261,554|
||||||283,930||||93,833|(100,183)||10,175|287,755|
||||||Opening|||Resources||Resources||Other|Closing|
|15|The funds|ofthe charity:|prior year||balance
E||||arising
E|utilisedf||movements
E|balancef|
||Reslncled funds|||||||||||||
||Restricted income funds||||20,904||||52,389|(65,028)||14,260|22,525|
||Unrestricted|funds||||||||||||
||Designated|funds|||18,000||||||||18,000|
||General funds
Total unrestricted||funds||220,189
230109||||132,268
118,030
132200 ~770030|||8,978
8,978|243,405
261,405|
||||||259,093||||184,657|(183,058)||23,238|283,930|
||General funds|||General|funds off243,554||are unencumbered|||and freely available||for use by the charity.||
|||||Included|in this amount|isf157,520 held in fixed assets, comprising||||||ENil in tangible|assets and|
|||||E157,520 in long term||investment|||assets.|||||
||||||Opening|||Resources||Resources||Transfers
&|Closing|
|16|Designated|funds: current year|||balance||||arising|utlfised||adjustments|balance|
||||||E||||E|E||E|E|
||Christ Church
Community||Hall repairs||18,000||||||||18,000|
||||||18,000||||||||18,000|
||||||Opening|||Resources||Resources||Transfers 8|Closing|
|17|Designated|funds: prior year|||balance||||arising|utilised||adjustments|balance|
||||||E||||E|E||E|E|
||Christ Church Community||Hall repairs||18,000||||||||18,000|
||||||18,000||||||||18,000|
||Christ Church Community||Hall|In October 2004 a donation|||ofE18,000was|||received from the Union Grove Nursery. The PCC||||
||repairs|||have designated
this donation||||to the future repairs ofthe Church|||Hall.|||
||||||Opening||||Incoming|Resources||Transfers
&|Closing|
|18|Restricted|funds: current|period||balancef|||resources
E||expended
E|gains/(losses)
E||balance
E|
||Charity for|StJohn Repairs|||22,525||||3,676||||26,201|
||||||22,525||||3,676||||26,201|
||||||Opening||||Incoming|Resources||Transfers
&|Closing|
|19|Restricted|funds: prior period|||balance
E|||resources
E||expended
E|gains/(losses)f||balance
E|
||Cultural
Connections||||1,982||||48,786|65,028||14,260||
||Charity for|StJohn Repairs|||18,922||||3,603||||22,525|
||||||20,904||||52,389|65,028||14,260|22,525|
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||||Designated|Restricted|Endowment||
|---|---|---|---|---|---|---|
|Net assets attributable|tofunds: current|General funds|funds|funds|funds|Total|
||||E|E|E|E|
|Tangible fixed assets
Current assets
Current
liabilities
Net assets represented|by funds|157,520
89,159
~3,125
243,554|18,000
18,000|26,201
26,201||157,520
133,360
~3,125
287,755|
||||Designated|Restricted|Endowment||
|Net assets attributable|to funds: prior ps|General funds|funds|funds|funds|Total|
||||E|E|E|E|
|Tangible
fixed assets
Current assets
Current
liabilities
Net assets represented|by funds|147,345
99,315
~3,255
243,405|18,000
18,000|22,525
22,525||147,345
139,840
~3.255
283,930|
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