HUNGERFORD PAROCHIAL CHURCH COUNCIL
FINANaAL STATEMENTS
FOR ThE YEAR ENDED 31 DECEMBER 2020

INDEPENDENT EXAMINERS REI¥>RTTO THE TRUSTEES OFTHE HUPIGERFORD PAROCHIALCOUNaL
I report on the account5 of the Hun8erford Parothial U)urth Council for the year ended 31 December 2020
Respertive responslblllties of trustees and examlner
The Trustees are responsible forthe preparation of the accounts. The Trustees consider that an audit is
not required foi this year urbder section 43121 of the Charitie5 Act 1993 Ithe 1993 Act) and that an
independent examination is needed and l am qualified to undertake the examination by bein8 a qualifted
member of the Institute of Chartered Accountants in England and Wales.
It is my responsibility to
Examine the accounts under sertion 43 of the 1993 Act
To follow the procedures laid down in the General Directions given by the Charitie5 Commlssion
lunder settion 43171 of the 1993 Act) and
To state whether particular matter5 havè come to my attentii)n
Basls of Independent examiners Mport
My exarnination was carrled 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
account with those records. It also includes consideration of any unusual items or disdosure5 in the
accounts, and the seeking of explanations from you as Trustees concerning any such matters. The
procedures undertaken do not provide all the evidence that would be Tequired in an audit and consequently
no opinion is given as to whether the accounts present a tnje and fair view an(J the report is limited to
those matters set oul in the statement below
lrtdependent examiners report
In connection with my examination, fio matter has come to my attention
Which give5 me reasonable cause to believe thaL in any material re5pert, the requirements
To keep accounting records in attOrdan￿ wilh sertion 41 of the 1993 Art and
To prepare accounts which accord with the accounting records and to comply with the
accounting requirements of the 1993 Att have not been met or
To which. in my opinion, attention should be drawn in order to enable a proper understanding
of the accounts to be rèached
Peter Davie5 FCA
Sunrise
Chapel Lane
Hermitage
Thatcham RG18 9RL

HUNGERFORD PAROCHIAL CHURCH COUNaL
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEM8ER 2020
GENERAL FUND
Note Funds
fund5
2020
nd5
Totsl
2019
Incomlng Resources
Voluntary EivinE
Activities for generati￿ funds
Income from investments
Church activitie5
Total in¢omin8 resour
91,929
362
10.349
4,984
107.624
29.487
121.416
362
10,349
4,984
137,111
84,640
4,005
13,567
10.321
112,533
29.487
Resources used
Costs of generating tsnds
Church activtties
Church expenses
Major capitsl expenditure
Total rèsources used
613
74.229
20.856
6,846
102,544
63,￿￿
17.176
21.(L)8
101,687
9.034
72.537
17,176
21.008
110,721
9.034
Net Incomin8lout80in
5,937
20.453
26,39)
9,989
Transfer between funds
Net out8oin8s before KaSns
5.937
20,453
26,390
9.989
Other reco8nlsed galns
14.774
14.774
45,435
Net movement In fvnds
20.711
20.453
41,164
55,424
Reconciliation of funds
Total funds brought forward
Restricted Legacy Reserve restated
Restated funds brouRht forward
￿(￿,956
3.603
404,559
51,CrfJ)
455.559
349,135
51,000
400.135
51,OCN)
s1.0￿)
4￿.956
3.603
Net movement for year
Total funds carried fon¥ard
20.711
421,667
20.453
24.056
41.164
496.723
55,424
455,559
51.0

HUNGERFORD PAROCHIAL CHURCH COUNaL
BALANCE SHEET AS AT 31 DECEMBER 2020
2020
2019
Notes
INVESTMENTS
358,458
348,985
CURRENT ASSErs
8ank balance
Sundry Debtors
131,845
6,820
138,665
99.667
8,057
107,724
CURRENT LIABILITIES
Creditors and Accruals
1.150
Net current assets less current liabilitie5
138,265
106,574
Total net assets less liabilities
496.723
455,559
Represented by
St Lawrence General Fund
Restricted Legary reserve
445,723
51,(XM)
496.723
404,559
51,000
455,559

HUNGERFORD PAROCHIAL CHURCH COUNaL
NOTES TO THE 2020 FINANCIAL sfATEMENTS
Accounting Policles
Basis of fi￿n(la1 ststements
The financial statements have been prepared in accordance with the Church Accounting
regulations 2006 together wtth applicable accounting standards and the FRS102 SORP
The financial statements have been prepared under the historical cost convention except
for the valuation of investment a55ets, which are shown at market value. The financial
ststements include all transactions, assets and liabiltties for which the PCC is responsible
in law.
Fund accounting
Unrestrirted fvnds are general funds which can be used by the PCC ordinary purpose.
Designated funds are general funds set aside by the PCC for use in the future. Designated
funds remain unrestricted and the PCC will remove any Surplus to other general funds.
Incoming resource5
Planned givin& collections and donations are recognised when received. Tax refunds are
recognised when the incoming resource to which they relate 15 r￿1ved. Grants and
legacies are accounted for when the PCC is legally entr(led to the amounts due. Dividend5
are accounted for when re￿1Vable. Interest is accrued . All other income 15 reco8nised
when it is receivable.
Resources expended
Grants and donations are accounted for when paid over or when awarded.. The Di0￿san
parish share is accounted for when due. Amounts re￿iVed for a specific purpose are dealt
with as restricted funds, all other expenditure is rewnised when it Is incurred and Is
treated as unrestricted fvnd5.
Fixed A55ets
Consecrated and benefice property is not included in the accounts in accordance with
section 1012la and Ic l of the Charities Act 2011.

HUNGERFORD PAROCHIAL CHURCH COUNCII
Notes to the 2020 Financial Statements
Incoming r•sour(e5
120
Unrestricted DeSi￿ated Restrfcted
Funds
Funds
Funds
2019
T¢)tal
Voluntary giving
Planned gmng standing order
Parish Givir4 Scheme
Collections at services
other voluntary receipts- Donations
Gift Aid recovered
Gift Aid recovered on Parish Giving
Youth worker grant
Music Equipment
Total volurtary giving
15,590
43.805
3.326
12.628
6.820
9,760
15.590
43,805
3,326
12,628
6,820
9.760
21.017
8,470
121,416
40,853
11,456
11,257
6,876
8,538
5,660
21.017
8.470
29.487
91.929
84,640
Activiti•s forBeneratin8 funds
Fundraislng attivities
Coffee receipts
Total from fund raising artlvltles
253
109
362
253
109
362
3,507
498
4,005
Income from investments
Interest
Dividends
Totsl investment in¢ome
80
10.269
10.349
80
10.269
10.349
207
13,360
13,567
ChLJrch actiwties
Fees from wedding and funerals
Trading activities
Parish Share rebate
Total Church actlvltles
5.014
5.014
6,723
1.238
2.360
10,321
1301
4.984
1301
4,984
Totsl Incorning Resources
107,624
29,487
137,111 112.533

HVNGERFORD PAROCHIAL CHURCH COUNaL
Notes to the 2020 Financlal Statements
2020
Unrestrkted Designated Restrlcted
Funds
fund5
Funds
2019
Total
Cost ol generating funds
Costs of fundraising activities
613
Church actlvltles
Mission giving and donations
Parish share
Salaries
YoLrth worker salary
Youth worker eKpenses
Clergy and stsff expenses
Total Church artlyltles
119
60,353
1,281
119
60.353
1,281
8,128
906
1,750
72,537
310
56,937
2,139
8,845
I,iio
4,888
74,229
8,128
1.750
63,503
9,034
Church expenses
Mission and evangelism costs
Printing and stationery
Worship supplies
PPL
Childrens church
Kitchen costs
Minor repairs
Equipment maintenance
Organ maintenance
Music equipment
Insurance
Light and heat
Water
Room hire
Accountancv
Finance costs
Investment brokers fees
Other expendwture
Total Chuech expenses
944
1.597
355
226
23
211
3.573
273
899
11,6421
4,243
1,597
355
226
23
211
3.573
273
899
362
364
406
881
1,220
829
1.429
4,410
3,609
42
562
400
680
824
1,395
20,856
4.458
4,458
63
63
669
1.455
669
1.455
30
17,176
17,176
Major capital expenditure
Major repairs to church
21,008
21,0)8
6,846
Total major capitsl expendi￿re
21,008
21,(K18
6,846
Total outgoing resources
101,687
9.034
110,721 102,544

HUNGÉRFORD PAROCHIAL CHUFtCN COUNaL
NOTES TO THE 2020 FINANCIAL STATEMEPllS
3 Fixed assets- Investmeb
At Q)st
At ma￿et value
Addthons
M3rket Ildisposall Gain/Loss Market
value at at market
in market Value at
oI/OV20 value
value
3V12120
C05t at
OVOV20 Additions Di$[K￿l 31112120
Rio finto
BHP Bllliton PLC
Diageo
Glaxosrnithkline
Royal Dutch Shell
BNY Mellon Fund
Siemens AG
Siemens Enefgy
J P Morgan US equ
National Grid
Blackrock North AM
BP
UK Gov 4.5% ind linked
Imperial Brands
Aberdeen New India
Mountview Estates
Alliènz Technology
Novartis SG
Blackrock FM
Scot Mortgage Invest
wpp
Standard tife
Blackr￿k FM
hrtatthews IntematÉonal
J P Morgan Asiar
Investec Diversified Fund
Alco
Impax Environmental
Baillie Gifford
Henderson Diversified
8.755
9.409
5.867
12.621
6,652
4.374
10.140
18.7551
19.4091
15.764
12.575
14,353
13.829
13.262
5,889
13.426
114,9291
110.0751
18351
12.5001
11,4021
13,4291
18.0791
18291
836
1.815
11.3491
5.867
12.621
12.951
10.4(
16.6521
14.3741
15,1831
15.0601
iioi
10,140
14.252
1,815
26,605
11,894
14,089
18,615
12.058
14,417
12,169
20.700
12.351
9,936
13.218
10.237
10,713
11,034
18.615
12,058
14N17
27,954
13.074
16.193
12.351
20.881
6,247
11.675
14,100
18,848
14.546
10,T33
11,554
5,995
14.056
14.906
14.61)0
12,1041
17.5511
29
11.2571
1.675
1.080
15,307
17011
2.7c￿)
12.362
11,5151
1891
L398
3.324
3.660
76
1271
979
1.563
817
14,774
I￿169}
14,81NJl
20,7(X)
12.351
9.936
13.218
10.237
10,713
11.034
20.910
4.990
13,350
15,180
34,155
13,845
13,433
23,916
4,480
13.967
16,304
17,924
19,460
14.702
9.949
9,986
14,955
9,949
9,986
14.95S
15.115
14,934
1,435
15.115
14,934
14.626
L748
11.4351
11.7211
10,492
10,5
15.485
15,3011
10.492
10.492
10,5ty)
10.5LK)
15.485
15.485
36,477 142.7941 286.327
11.471
12,063
16,302
358,458
292.644
348,985

HUNGERFORD PAROCHIAL CHURCH COUNCIL
NOTES TO THE 2020 FIP4ANCIAL sfATEMf NTS
2020
2019
4 Current assets
Income tax recoverable
Sundry debtors
6,820
6,877
1,180
6,820
8,057
5 Cash at bank
Natwest current account
Natwest Busine￿ Reserve
Natwest Fabric Fund
Charles Stanley capital account
Charles Stanley income account
866
113.468
1,916
14,429
1.166
1,480
79,718
6,134
10,583
1,752
131,845
99,667
6 Rertrlcted Legacy Reserve
G Bullock
Dr Hope
50.000
1.000
51.C
51,000
Both le8acies are restricted and to be used solely for the maintenance ènd improvement
of the fabric of St Lawrence Church
7 St Lawrence General Fund
Unrestricted Fund
445,723
404,559
445,723
404,559
8 Designated Funds
Balance at
111120
Balance at
31/12120
15,586
8,470
24,056
reststed Income
3,603
21.017
8,470
29.487
Expenditure Transfer
19.0341
Youth Workerfund
Music Fund
3,603
19.0341
Deslgnated Funds form part of the unrestricted Fund5 in note 7 aly)ve