St Mary the Virgin, Fen Ditton
Annual Financial Report for the year ended 31 December 2020
| Contents | Page No. | ||
|---|---|---|---|
| Church PCC General Account | Receipts | 2 | |
| Payments | 3 | ||
| Statement of Assets | 4 | ||
| Restricted Funds | 5 | ||
| Explanatory Notes | 6 to 7 | ||
| Independent Examiner's Report | 8 | ||
| Date of Report | 10 April 2021 | ||
| Treasurer | Dr S C W Hyde | Email: Tr.FDChurch@gmail.com | |
| Highfield House | Tel: 01223 527057 | ||
| 31 High Street, Fen Ditton | |||
| Cambridge CB5 8ST | |||
| Independent Examiner | Mr J F Wong | Email: jeremywong@btconnect.com | |
| 59 Bridle Way | Tel: 01223 840244 | ||
| Grantchester | |||
| Cambridge CB3 9NY | |||
| Bankers | Barclays Bank | CCLA | |
| 28 Chesterton Road | Senator House | ||
| Cambridge CB4 3VT | 85 Queen Victoria Street | ||
| London EC4 4ET |
Page 1
PCC General Fund
| PCC General Fund | ||||
|---|---|---|---|---|
| Receipts Notes Giving Planned giving Collection envelopes Standing order 1 Parish Giving Scheme + Stewardship 1 Gift day Collection open Tax recovered Total giving before one-off sums Bequest and donations 2 Total giving Church activities Wedding Funeral Baptism Other Events & fund raise 3 Other Income Grants Transfer in 4 Reimbursement 5 Other Total Receipts |
Unrestricted (£) - 2,190.00 15,016.96 - 17,206.96 1,524.68 - 18,731.64 2,459.40 21,191.04 322.00 914.00 - - 1,236.00 3,159.48 - - 244.21 - 244.21 25,830.73 |
Restricted (£) - - - - - - - - 7,777.46 7,777.46 - - - - - - - 10,601.32 - - 10,601.32 18,378.78 |
2020 (£) - 2,190.00 15,016.96 - 17,206.96 1,524.68 - 18,731.64 10,236.86 28,968.50 322.00 914.00 - - 1,236.00 3,159.48 - 10,601.32 244.21 - 10,845.53 44,209.51 |
2019 (£) - 4,040.00 12,085.90 - |
| 16,125.90 6,196.65 7,044.16 |
||||
| 29,366.71 | ||||
| 18,236.61 | ||||
| 47,603.32 | ||||
| 2,157.67 1,830.50 30.00 - |
||||
| 4,018.17 2,767.43 - - 18.35 277.50 |
||||
| 295.85 | ||||
| 54,684.77 |
Page 2
PCC General Fund
| PCC General Fund | |||
|---|---|---|---|
| Payments Notes Ministry costs Parish share 6 Diocese Fee 7 Ministerial expenses Church running expenses Utilities Bank charges Flowers Choir music Organ service Audit/legal Petty Cash Church supplies Music/Organist Insurance Officiating Other Building maintenance Routine 8 Non-routine 9 Event expenses Memberships 10 Concerts/fairs 10 Printing Other Charitable donations 11 Other Legal and commercial Refunds Account transfers Total Payments Surplus / (Shortfall) for the Year |
Unrestricted (£) 23,007.21 - 1,001.13 24,008.34 1,822.23 2.97 - 194.28 - 240.00 611.51 152.84 480.00 - - - 3,503.83 - - - 50.00 295.00 - - 345.00 1,070.00 - - - 28,927.17 (3,096.44) |
Restricted (£) - - - - - - - - - - - - - 3,798.72 - - 3,798.72 1,744.70 - 1,744.70 - - - - - - - - - 5,543.42 12,835.36 |
2020 2019 (£) (£) 23,007.21 22,431.79 - - 1,001.13 1,835.90 |
| 24,008.34 24,267.69 1,822.23 1,836.57 2.97 3.63 - - 194.28 - - 160.33 240.00 240.00 611.51 989.70 152.84 310.61 480.00 2,310.00 3,798.72 3,723.39 - 50.00 - 296.20 |
|||
| 7,302.55 9,920.43 1,744.70 1,118.64 - - |
|||
| 1,744.70 1,118.64 50.00 50.00 295.00 181.49 - - - - |
|||
| 345.00 231.49 1,070.00 - - 271.80 - - - 300.00 |
|||
| 34,470.59 36,110.05 |
|||
| 9,738.92 18,574.72 |
Page 3
| PCC General Fund Statement of Assets Monetary Assets (at the year end) Current account CCLA deposit account Less uncleared transactions Receipts Payments Non-monetary Assets Outstanding Liabilities (amounts owed by PCC) Outstanding Assets (amounts due to PCC) Reconcilliation Current account at 1 Jan 20 Excess of receipts over payments Plus uncleared payments 2020 Less uncleared receipts 2020 Less 2019 cheques cleared 2020 Plus 2019 income received 2020 Current account at 31 Dec 20 CCLA deposit account at 1 Jan 20 Plus interest on deposit account Plus transfers from current account Less transfers into current account Deposit account at 31 Dec 20 |
Unrestricted (£) 12,432.44 |
Restricted (£) 84,040.74 |
2020 2019 (£) (£) 56,550.19 46,811.27 39,922.99 39,754.19 - - - - |
|---|---|---|---|
| 96,473.18 86,565.46 Nil Nil - - - - 46,811.27 9,738.92 - - - - 56,550.19 39,754.19 168.80 - - 39,922.99 |
Page 4
PCC General Fund
Restricted Funds
| Fabric of church Choir Music Leprosy mission Flowers Vestments Gates and path Reordering of the Church |
At 1 Jan 20 64,192.34 1,038.74 57.03 306.02 254.56 1,760.30 3,596.39 - 71,205.38 |
Payments 5,543.42 - - - - - - - 5,543.42 |
Receipts - - 777.46 - - - 7,000.00 10,601.32 18,378.78 |
At 31 Dec 20 58,648.92 1,038.74 834.49 306.02 254.56 1,760.30 10,596.39 10,601.32 |
|---|---|---|---|---|
| 84,040.74 |
Page 5
PCC General Fund
Explanatory Notes
Note
| Note 1 Planning Giving Number of standing orders Number in the Parish Giving Scheme and Stewardship Note 2 Bequests and Donations Unrestricted (£) Donations from Alun Ford (10% expenses return) 172.58 Bequests (total) 500.00 Donation box collections 488.26 Other donations 1,298.56 2,459.40 Note 3 Events and Fund Raising Concerts Dragon boat racing Bumps teas Fairs Easter card sale 5p 200 Club Coffee morning Sponsored Walk (Jackie Ambrose) Easyfundrasing Other Note 4 Transfer in Monies received from Church Hall Trust reserved for the purposes of the 1909 indenture and provisionally the reordering of the church Note 5 Reimbursement Miscellaneous reimbursements from other 2 parishes |
Restricted (£) - 7,777.46 - - 7,777.46 |
2020 6 13 2020 (£) 172.58 488.26 9,576.02 10,236.86 2020 (£) 1,006.53 - - 953.00 - 31.00 1,086.00 - - 32.95 50.00 3,159.48 10,601.32 10,601.32 244.21 244.21 |
2019 10 14 2019 (£) |
|---|---|---|---|
| 18,236.61 2019 (£) 111.99 208.00 145.25 - 22.00 33.80 1,060.00 441.98 642.00 46.91 55.50 |
|||
| 2,767.43 - |
|||
| - 18.35 |
|||
| 18.35 |
Page 6
PCC General Fund
Explanatory Notes Cont.
| Note Note 6 Parish Share Parish Share paid in 2019 Parish Share due in 2020: £23,007.21 Monthly payments made 2020 Parish Share paid Note 7 Diocesan fees All PCC fees in period were received net of the Diocesan fees Note 8 Building Maintenance Routine Alarm annual fee Alarm service Rentokil Heater service Electrical testing Note 9 Building Maintenance Non-Routine None Note 10 Event Expenses Memberships: Cambridgeshire Historic Churches Trust Concerts: bus for choir Note 11 Charitable Donations Church hall donation Donation to RBL - Remembrance Wreath (2019) Donation to RBL - Remembrance Wreath (2020) |
2020 (£) 23,007.21 23,007.21 - - 175.20 345.60 721.34 502.56 - 1,744.70 - - 50.00 295.00 345.00 1,000.00 35.00 35.00 1,070.00 |
2019 (£) 22,431.79 |
|---|---|---|
| 22,431.79 - |
||
| - 145.46 307.29 674.80 - - |
||
| 1,829.76 - |
||
| - 50.00 |
||
| 50.00 - - - |
||
| - |
Page 7
Independent Examiner's Reportto the Parochial Church Councfil of St Mary the Vlrgin Fen Ditton. I report on the accounts for the year ended 31st December 2020. whlch are set out on pages I to 7. Respettive responslbllltles of the Trustees and Independent Examlner As trustees of the charity. the members oFthe PCC are responslble for the preparatlon of the accounts. They consider that an audlt Is not requlred for thls year under sectlon 144(2) of the Charltles Act 2011 (the 2011 Act) and that an Independent examlnatlon 5s needed. It Is my responslblllty to examlne the accounts undersectlon 145 of the 2011 Act; follow the procedures lald down In the General Dlrectbons glven by the Charlty Commlssloners sectlon 145(5)(b) of the 2011 Act; and state whether partlcular matters have come to my attentlon. Bas1$ of Independent Examlner'5 Statement My examlnatlon was carrled out In accordance wlth the General Dlrectlons glven by the Charlty Commlsslon. An examlnation Includes a revlew ofthe accountlng records kept by the charlty and a comparlson of the accounts presented wlth those records. It also Includes conslderatlon of any unusual Item5 or dlsclosures In the accounts, and seekln8 explanatlons from the management commlttee concernlnganysuch matters. The procedures undertaken do not provlde all the ev5dence that would be requlred In a full aud1¢ and consequently I do not express an audlt oplnlon on the accounts. Independent Examfner's Statement In connectlon wlth my examlnatlon. no matters have come to my attendon whlch glve me reasonable cause to belleve that In any materlal respect the requirements a. to keep accounting records In accordance wlth s.130 of the 2011 Act: or b. to prepare accounts whlch accord wlth these accountlng records have not been met: or 2. to whlch, In my oplnlon. attentlon should be drawn In orderto enable a proper understandlng ofthe accounts to be reached. Mr l F Won& 59 Brldle Way. Grantchester, Cambrldge. CB3 9NY 3 May 2021