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

O F FICERS OF THE FICERS OF THE BOARD AND PROFESSIONAL AD BOARD AND PROFESSIONAL AD BOARD AND PROFESSIONAL AD VISERS
Registered Charity name The Parochial
Church Council of
the Ecclesiastical
Parish of Penrith
Charity
Number
1187270
Chairman The Revd Canon
D G Sargent
Vice-Chairman Mr N Barrett (to 25'" October)
Mr W A Maddams
(from 16'" November)
Secretary Mr D G Walker
Assistant Secretary Mr H G Ellison
Treasurer Mrs M E Irving
Correspondence Address Church
Office
Penrith
Parish Centre
St. Andrew's
Place
Penrith
CA11 7XX
Independent examiner Andrew
Liddle, for and
on behalf ofSaint &Co
Chartered
Accountants
4 Mason Court
Gillan Way
Penrith 40 Business Park
Penrith
CA11 9GR
Bankers Unity Trust Bank pic
4 Brindley Place, Birmingham, B12JB
Solicitors Cartmell
Shepherd
Bishop Yards, Penrith, CA11 7XS
Architect (St Andrew' s) Mr Paul Grout
1 Angel Yard, Highgate,
Kendal, LA9 4DA
Architect (Christ Church) Mr John Barnes
Selah House, Renwick,
Penrith, CA10 1JZ

Clergy The Revd D G Sargent (Chairman)
The Revd Gary Cregeen
The Revd Mary Edwards
The Revd A LJones (to 9'" September)
Churchwardens: Miss J Boylan
Mr W A Maddams
Mr P A Lund
Mrs M E Irving (to 25'" October)
DrJ A Irwin (from 25'" October)
Treasurer Mrs M E irving
Secretary Mr D G Walker
Assistant Secretary Mr H G Ellison
Members ofthe Diocesan Synod The Revd Canon
D G Sargent
The Revd A L Jones
Miss SC A Tomlinson
Mrs J A Barrett
Mr N Barrett

Unrestricted Restricted Total Funds Total Funds
Note Funds Funds 2020 2019
INCOME AND ENDOWMENTS
Voluntary
Income
152,690 18,247 170,937 77,954
Activities for generating
funds
2,045 0 2,045 17,017
Income from investments 4,807 13,991 18,798 9,221
Church activities 7,499 0 7,499 5,926
TOTAL INCOME 167,041 32,238 199,279 110,118
EXPENDITURE
Cost ofgenerating
funds
996 0 996 8,391
Church activities 142,563 36,354 178,917 103,803
TOTAL EXPENDITURE 143,559 36,354 179,913 112,194
NET 23,482 P,116 19,366 -2,076
(EXPENDITURE) INCOME
BEFORE INVESTMENT GAINS
NET GAIN ON INVESTMENTS 32,670 3,328 35,998 55,317
NET INCOME/EXPENDITURE 56,152 -788 55,364 53,241
TRANSFER BETWEEN FUNDS
NET MOVEMENT
IN FUNDS
56,152 -788 55,364 53,241
TOTAL FUNDS BROUGHT FORWARD 285,112 624,929 910,041 856,800
TOTAL FUNDS CARRIED FORWARD 341,264 624,141 965,405 910,041

STATEMENT OF ASSETSAND LIABILITIES STATEMENT OF ASSETSAND LIABILITIES
31December 2020
2020 2019
Note
FIXEDASSETS
Tangible Assets 12 236 514
Investments 13 610,077 555,386
610,313 555,900
CURRENT ASSETS
Short term debtors 4,445 11,587
Cash at bank 14 47,337 93,884
Cash at building societies 306,063 252,176
Cash in hand 41 41
357,886 357,688
CREDITORS: Amounts falling due within
one year 15 -2,794 -3,547
NET CURRENT ASSETS 355,092 354,141
TOTAL ASSETSLESS CURRENT LIABILITIES 965,405 910,041
PARISH FUNDS
Restricted 17 624,142 624,929
Unrestricted 17 341,263 285,112
TOTAL FUNDS 965,405 910,041

Unrestricted Restricted Total
Funds Funds 2020
F
Planned
giving
Regular
Gift Aid
53,987 2,699 56,686
Individual Gift Aid 5,683 1,152 6,835
Gift Aid recovered 16,690 1,607 18,297
Other planned giving/pledges 9,414 9,414
Collections at Services 2,805 2,827 5,632
Other voluntary receipts
Donations 899 1,367 2,266
Collections in memoriam 3,255 4,643 7,898
Porch box and wall safe 2,007 2,007
Legacies 49,371 49,371
Gift Day 6,895 2,500 9,395
Grants 1,684 1,452 3,136
152690 18247 170937

3.VOLUNTA RY INCOME
Unrestricted Restricted Total
Funds Funds 2019
Planned
giving
Regular
Gift Aid
31,344 1,780 33,124
Individual
Gift
Aid 3.237 402 3,639
Gift Aid recovered 11,226 651 11,887
Other planned giving/pledges 5,349 5,349
Collections at Services 4,416 4.416
Other voluntary receipts
Donations 2,193 6,000 8.193
Collections
in
memoriam 4,223 4,519 8.742
Porch box and wall safe 2,614 2,614
64602 13352 77954

Unrestricted Restricted Total Funds Total Funds
Funds Funds 2020
Events, concerts, etc 628 628
PRS Fees 576 576
Booklet sales 139 139
Church Lettings 325 325
Craft Fair 92 92
Card sales 285 285
~2045 2 045

Unrestricted
Restricted
Unrestricted
Restricted
Total Funds
Funds Funds 2019
Events, concerts, etc 14.484 14,484
Booklet sales 283 283
Church Lettings 2,250 2,250
17.017 0 17017
5. INCOME FROM INVESTMENTS„
Unrestricted Restricted Total
Funds Funds Funds
2020
Dividends on CBF Investment Fund 3,703 11,969 15,672
Build Society and CBF Deposit Fund interest 1,104 2,022 3,126
4807 13991 18798
5. INCOME FROM INVESTMENTS
Unrestricted Restricted Total
Funds Funds Funds
2019
Dividends on CBF Investment Fund 1,824 5,896 7,720
Build Society and CBFDeposit Fund Interest 296 1,205 1,501
~2120 7 101 9221

6.INCOME FROM CHURCH ACTIVIT IES
Unrestricted Restricted Total Funds
Funds Funds 2020
Marriage
8
funeral fees retained by PCC 5,181 5,181
Parish Magazine 911 911
Contributions from other parishes 798 798
Social event 557 557
Misc Sales 52 52
~7499 ~7499
6.INCOME FROM CHURCH ACTIVITIES
Unrestricted Restricted Total Funds
Funds Funds 2019
Marriage
8 funeral fees retained
by PCC 4,708 4.708
Parish Magazine 434 434
Contributions from other parishes 784 784
~5926 ~5926

Unrestricted Restricted TotalFunds
Funds Funds 2020f
Cardstall 320 320
Parish Magazine expenses 602 602
Booklet expenses 112 112
Event expenses -38 -38
996 996

COST OF GENERATING
FUNDS
Unrestricted Restricted Total Funds
Funds Funds 2019
Cardstall 710 710
Parish Magazine expenses 45 45
Booklet expenses 135 135
Event expenses 7,501 7,501
~8391 ~8391

HURCH ACTIVITIES
Unrestricted Restricted Total Funds
Funds Funds 2020
Ministry -Parish Offering
Mission
&charitable
giving
82,205
1,169
4,850 82,205
6,019
In memoriam 4,643 4,643
Clergy expenses
Church
Running
Costs
2,193
16,506
938 2,193
17.444
Utilities 7,970 7,970
Church maintenance 5,825 10,760 16,585
Music
Printing
8 stationery
4,170 314 4,484
Advertising
costs
210 210
Parish staff wages 7,629 7,629
Family Worker salary/expenses 4,575 13,290 17,865
Bank charges 606 606
Room hire/office
rent
2,599 388 2,987
PRSfees 627 627
Refund fees 184 184
Depreciation 278 278
Misc 115 740 855
Social event 508 508
Governance 5,194 5,194
Flower Fund 77 77
Organ
Fund -Christ Church
142 563 354
36354
354
178917
HURCH ACTIVITIES
Unrestricted Restricted Total Funds
Funds Funds 2019
Ministry -Parish Offering 46,783 46,783
Mission
& charitable
In memoriam
giving 4,203 3,217
4,519
7,420
4,519
Clergy expenses
Church
Running
Costs
3,109
6,194
3,109
6,194
Utilities 4,766 4,766
Church
maintenance
3,490 3,490
Music 292 292
Printing
8 stationery
1,424 1,424
Advertising
costs
463 463
Parish staff wages 6,896 6,896
Family Worker salary/expenses 11,827 2,181 14,008
Bank charges
Room hire/office
rent
155
1,482
882 155
2,364
Depreciation
Sundry Expenses
Governance
60
463
954
443 60
906
954
92 561 11242 103803
20

Unrestricted Restricted Total Total
Funds Funds 2020 2019
f f f f
Relief
CDBF Harvest
Appeal
863 863 408
Church
Mission Society
1,087 1,087 0
1,950 1,950 408
Home Mission
Children's
Society
0 913 913 1,276
Christians
Against
Poverty 0 531 531 350
Ignite 0 608 608 650
Riding Lights 410 0 410 0
Churches Together in Penrith 415 0 415 0
Diocesan Growth Fund 0 0 0 274
825 2,052 2,877 2,550
Secular Charities
Penrith
Town Band
0 190 190 0
Hospice at Home 0 327 327 0
Cumbria
Family Support
0 331 331 0
Dementia
UK
294 0 294 280
North
Lakes School
50 0 50 0
Poppy Appeal 0 0 0 686
RAFA 0 0 0 131
Stroke Association 0 0 0 66
Salvation
Army
0 0 0 23
Teenage Cancer Trust 0 0 0 3,276
344 848 1,192 4,462
1,169 4,850 6,019 7,420

Unrestricted Restricted Total Funds Total
Funds Funds 2020 2019
Independent examination fees 5,194 5,194 954
5194 ~5194 954

12.TANGIBLE FIXEDASSETS
Equipment
COST
At1 Jan 20 574
Additions
At 31 December 20 574
DEPRECIATION
At1 Jan 20 60
Charge for the year 278
At 31 December 20 338
NET BOOK VALUE
At 31 December 20 236

cember 2020 between funds
Unrestricted Restricted Total Funds
Funds Funds 2020
158,643 451,434 610,077

14.DEBTORS: Amounts 14.DEBTORS: Amounts 14.DEBTORS: Amounts falling due within one year
2020 2019
income tax recoverable on Gift Aid 4,206 11,152
Other debtors 239 435
4445 11567
15.CREDITORS: Amounts falling due within one year
2020 2019
Creditors 1,794 2,947
Independent Examination Fee 1,000 600
2794 ~3547

Tangible
Fixed assets Investments Other net assets Total
Restricted Funds 0 451,434 172,708 624,142
Unrestricted funds 236 158,643 182,384 341,263
TOTAL 236 610077 355092 965405

17,FUND D ET AILS
Funds at
Incoming
Outgoing Funds at
1st Jan 2020
resources
resources 31stDec 2020
Unrestricted Funds
General 185,609 150,339 -138,272 197,677
Designated
Children
8 Family Worker
53,343 0 -4,575 48,768
Church
Bells
5,000 0 0 5,000
Prayer Spaceetc 20,000 0 -20,000 0
Paving WW1 Memorial 2,952 0 -2,952 0
Promoting
Music
in Church 708 0 0 708
Tercentenary Project 17,500 22,952 0 40,452
Live Streaming 0 12,343 -713 11,630
Fire Detection 0 12,343 0 12,343
Christ Church Refurbishments 0 24,686 0 24,686
285,112 222,663 -166,512 341,263
Prayer Space 8 Paving Funds transferred to Tercentenary Designated Funds as agreed by PCC
Restricted
Funds
Christ Church
Choir Fund 33 0 0 33
Organ
Fund
1,528 0 -354 1,174
Fabric Fund 14,273 6,926 0 21,199
St Andrew' s
Choir Fund 376 4 0 380
Organ
Fund
617 7 0 624
Fabric Fund 28,300 15,014 -10,760 32,554
Joyce Muirhead Fabric Fund 144,866 0 0 144,866
Flower Fund 201 130 -77 254
Memorial
Stone
90 0 0 90
Tercentenary Fund 918 2,799 0 3,717
New Building Fund 2,784 0 -2,784 0
Bell Ringers 11 55 0 66
Children 5 Family Worker Project 0 13,992 -13,992 0
Parenting
Project
829 0 -829 0
Sunday School 400 0 -400 0
Youth
Fund
6,675 0 -6,675 0
Ignite 608 0 -608 0
Outreach 4,865 0 0 4,865
Live Streaming 0 938 -938 0
Permanent
Endowment
0
Goodburn
Endowment
Fund 417,555 -3,235 414,320
Donations
in
memoriam 0 4,643 -4,643 0
Donations to charity 5 other collect 0 4,981 -4,981 0
624,929 46,254 -47,041 624,142