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|Report ofthe Trustees|||1 —12|
|Statement ofTrustees'|Responsibilities||13|
|Report ofthe Independent||Auditor|14-16|
|Statement ofFinancial|Activities||17|
|Comparison
Statement|of|Financial Activities|18|
|Balance Sheet|||19|
|Statement ofCashflows|||20|
|Notes to the Financial Statements|||21 —37|
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||||||Unrestricted|Restricted|Endowment|2020 Total|2019Total|
|---|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Funds|Funds|Funds|
|||||Note|6|6|6|6|6|
|income from donations
&||legacies|||217,621|78,320||295,941|499,170|
|Income from lettings|||||138,617|23,340||161,957|242,173|
|Inurstment
income|||||180,188|117,375||297,563|381,335|
|Income from charitable actiuties|||||148,474|15,886||164,360|178,433|
|Other income||||||||||
|Tote I|||||684,900|234,921||919,821|1,301,111|
|Expenditure
on lettings|||||139,794|||139,794|147,412|
|Expendable
on charitable||activities|||649,006|264,205||913,211|1,147,984|
|Tots I|||||788,800|264,205||1,053,005|1,295,396|
|Net Income/(Expenditure)
tra nsfe ra||before|||(103,900)|(29,284)||(133,184)|5,715|
|Gross transfers
between|funds|||||||||
|Net income/(expenditure)||before|||(103,900)|(29,284)||(133,184)|5,715|
|other recognised
gains||and|losses|||||||
|Other recognised
gainer(losses)||||||||||
|Gains/(losses)
on investment|||assets||(330,320)|(122,985)|(47,041)|(500,346)|1,070,345|
||||||(330,320)|(122,985)|(47,041)|(500,346)|1,070,345|
|Net movement
in funds|||||(434,220)|(152,269)|(47,041)|(633,530)|1,076,060|
|Total funds brought forward|||||10,465,584|3,587,904|1,179,771|15,233,259|14,157,199|
|Total Fundsc/f|||||10,031,364|3,435,635|1,132,730|14,599,729|15,233,259|
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|||||Unrestricted|Restricted|Endowment|2019Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|Funds|
|Income||||||||
|Income from donations
&|legacies|||487,263|11,907||499,170|
|Income from lettings||||220,177|21,996||242,173|
|Investment
income||||233,192|148,143||381,335|
|Income from charitable
activities||||141,536|36,897||178,433|
|Other income||||||||
|Total||||1,082,168|218,943||1,301,111|
|Expenditure
on lettings||||147,412|||147,412|
|Expendable
on charitable|activities|||811,045|336,939||1,147,984|
|Tots I||||958,457|336,939||1,295,396|
|Net Income/(Expenditure)||before||123,711|(117,996)||5,715|
|transfers||||||||
|Gross transfers
between|funds|||||||
|Net income/(expenditure)||before||123,711|(117,996)||5,715|
|other recognised
gains|and||losses|||||
|Other recognised
gains/(losses)||||||||
|Gains/(losses)
on investment|||assets|710,048|270,542|89,755|1,070,345|
|investment
Property
re-valuation||||||||
|||||710,048|270,542|89,755|1,070,345|
|Net movement
in funds||||833,759|152,546|89,755|1,076,060|
|Total funds brought forwa||rd||9,631,825|3,435,358|1,090,016|14,157,199|
|Total Funds c/f||||10,465,584|3,587,904|1,179,771|15,233,259|
##
||||Unrestricted|Restricted|Restricted|Endowment|2020 Total|2019Total|
|---|---|---|---|---|---|---|---|---|
||||Funds|Funds||Funds|Funds|Funds|
|||Note|6|f|||8|5|
|Non Current|Assets||||||||
|Tangible Assets||12|1,243,624|457,535||265,105|1,966,264|2,043,648|
|Investment
Properly||13|3,092,646|229,500|||3,322,146|3,322,146|
|Investments||14|6,557,730|2332|874|867,625|9758,229|10258575|
||||10)894000|3019909||1~132)730|16)046639|16624 369|
|~Current|||||||||
|Debtors||15|78,068||187||78,255|64,090|
|Cash at bank|&on deposit||452616|425,359|||877975|1,007,252|
||||630,684|426,646|||966,230|1,071,342|
|Crrt|||||||||
|Amounts
falling due|||||||||
|within one year||16|103,728|9|820||113,548|129,860|
|Net Current|Assets||426 966|415~726|||842,682|941,482|
|Creditors|||||||||
|Amounts
falling due afler|||||||||
|more than one year||17|(1,289,592)||||(1,289,592i|(1.332,592)|
|Net Assets|||10)031~364|3)436|636|1132730|14)699729|16~233~259|
|~Fund|||||||||
|Unrestricted|Funds||10,031,364||||10,031,364|10,465,584|
|Restricted Funds||||3,435,635|||3,435,635|3,587,904|
|Endowment|Funds|||||1 132,730|1 132,730|1 179771|
|TotalFunds||19|10031364|3436|636|1)132~730|14~699729|15233269|
##
|||||2020|2019|
|---|---|---|---|---|---|
|||||5|6|
|Cash flow from operating
activities|||Note 23|(125,000)|34,036|
|Cash flow from investing
activities||||||
|Payments
to acquire tangible|assets|||(4,277)|(52,801)|
|Proceeds from sales oftangible assets||||||
|Proceeds from sales ofinvestment
properties|||||223,491|
|Payments
to acquire investments|||||16,506|
|Net cash flow from investing|activities|||(4,277)|187,196|
|Net increase I(decrease) in|cash and cash equivalents|||(129,277)|221,232|
|Cash and cash equivalents|at 1January|2020||1,007,252|786,020|
|Cash and cash equivalents|at 31 December 2020|||877,975|1,007,252|
|Cash and cash equivalents|consist of:|||||
|Cash at bank and in hand||||877,975|1,007,252|
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|||2020|2019|
|---|---|---|---|
|Unrestricted||6|6|
|Closed Church Receipts||133,200|396,957|
|Government
Furlough
Grants||11,005||
|Covid Business Grant-|Pillon Grant|17,000||
|City of Nottm Covid Business Grant||7,729||
|Memorial
Hall Trust Grants||29,400|28,000|
|Church
Support - Closed Church Receipts||14,800|44,106|
|Church Support Donations||3,044|15,115|
|Youth &Children
Receipts|||210|
|General Purposes
Donafions||1,443|2,875|
|||217,621|487,263|
|Restricted||||
|Syria Appeal||3,994|8,501|
|CIPT- Fees||830|1,060|
|CIPT - Donations||1,975|1,425|
|Library
Donations||472||
|CWM MSP4||26,334||
|CWM Covid Gift ofGrace||14,000||
|CF Churches
Gift ofGrace||250||
|CIPT - Course Materials||83|921|
|CWM Covid 19Mission|Initiative|14,000||
|CWM - If only...Mission|Initiative|16,382||
|||78,320|11,907|
|Total||295,941|499,170|
|INVESTMENT INCOME||||
|||2020|2019|
|||6|6|
|Unrestricted||180,188|233,192|
|Restricted||117,375|148,143|
|Total||297,563|381,335|
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##
|CHARITABLE ACTIVITIES|- G|RANTS PAYABLE|||||||
|---|---|---|---|---|---|---|---|---|
|||||2020|||2019||
||||Grants to|Grants|to|Grants to|Grants|to|
||||Institutions|Individuals||Insdtugons|Individuals||
||||8||6|8||6|
|Payable
From:|||||||||
|Sydney
Berry Trust|||||5,065|||5,655|
|Pastor
&Widows
Fund|||||20,893|||21.298|
|Education
Fund|||||||||
|Personal
CMD Grants|||||||817||
|Home/Botwrig
ht||||||||1,300|
|Church Support Grants|||28,236|||47,950|||
|Special Appeals - Christian|Aid||12,000||||||
|Grants payable
from Ama|Funds||55,956|||123,566|||
|Grant to CFL||||||5,101|||
|Total|||96,192||26,558|177,434||28,253|
|NET INCOMING/(OUTGOING)||RESOURCES|||||||
|Net resources are stated after charging/(crediting):|||||||||
||||2020||||||
||||6||6||||
|Depreciation - owned assets|||81,661||81,554||||
|Auditors
remuneration|||12,182||10,668||||
|Profit/(loss)
on disposal of|fixed|assets|||||||
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|Gross Pay plus||Employem'
Nl|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||2020||||2019|||
||||Total|Direct|Su|ort|Total|Direct|SU|olt|
|General Purposes|||98,158|||98,158|99,385|||99,385|
|CIPT|||73,224|50,845||22,379|71,831|49,790||22,041|
|Trading|||55,371|55,371|||53,412|53,412|||
|Homes for Retired||Minislers|12,827|12,827|||12,630|12,630|||
|Church Suppon|Workem||28,083|28,083|||60,290|60,290|||
|Church Support|Dept||37,882|||37,882|37,259|||37,259|
|Church
Finanrdal||Senrlces|54,704|54,704|||54,361|54,361|||
|Webslte/Sordal|Media||11,166|11,166|||10,903|10,903|||
|CFArea Schemes|||3,958|||3,958|4,003|||4,003|
|Ministers'
Pension|||3,957|||3,957|4,003|||4,003|
|Safeguarding|||22,556|22,556|||22,552|22,552|||
|CIPT - Tutor Fee's|||1,218|1,218|||1,634|1,634|||
|Total|||403,104|236,770||166,334|432,263|266,672||166,691|
##
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||Freehold|Leasehold|Plant|8|Fixtures &|Motor||
|---|---|---|---|---|---|---|---|
||property
E|property
6|machinery
6||fittings
6|Vehmles|Total
6|
|Cost||||||||
|Bahnce b/f|1,634,507|100,000|48,771||678,341|12,526|2,474,145|
|Addifions||||4,277|||4,277|
|Disposals||||||||
|Revaluations||||||||
|Balance cff|1,634,507|100000|53048||678341|12526|2478422|
|Depreciabon||||||||
|Balance brf||||10,383|415,678|4,436|430,497|
|Charge for the year||||10,166|68,363|3,132|81,661|
|Disposals||||||||
|Balance clf|||||484 041|75M|512158|
|Net Book Value||||||||
|Brought forward|1,634,507|100,000|38,3M||262,663|8,090|2,043,648|
|Carrkrd forward|1,634,507|100,000||32,499|194,300|4,958|1,966,264|
|MARKET VALUE|MARKET VALUE||
|---|---|---|
|At 1 January|2020|3,322,146|
|Disposals|||
|Impairment|||
|Re-Vabration|||
|At 31 December 2020||3,322,146|
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|Market Value|
|---|
|At 1 January 2020|
|Net Additions/(Disposals)|
|Unreafised
loss on intestments|
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|||||At 01.01.20|Income|Expenditure|G/L|Revaluation|Transfers|At 31.12.20|
|---|---|---|---|---|---|---|---|---|---|---|
|~nr
)rig((SI Funds|||||||f|Surplus
8|E|9|
|General Purposes||||1,455,182|265,600|(278,090)|(46,273)||2|1,396,421|
|Des
nated Funds|||||||||||
|Properly||||1,615,978||||||1,615,978|
|Trading||||1,121,739|78,557|(148,752)||||1,051,544|
|lb(sisters'
Pension||||302,291|89,229|(97,220)|(14,698)||7,991|287,593|
|Church Support Grants||||100,921|18,150|(30,054)|(421)||||
|Church Support -|Dept||||21,333|(121,583)|||100,250||
|Church Support -|Safeguarding||||21,233|(33,806)|||12,573||
|Church
Financial|Services|||912,003|54,869|(74,977)|(43,669)||20,108||
|Closed Church
Fund|||||2||||(2)||
|Protected Programme||||4,955,358|133,622||(225,259)||(140,922)|4,722,799|
|CFArea Funds||||2,112|2,305|4 318||||99|
|||||10,465,584|684,900|(788,800)|(330,320)|||10,031,364|
|Restrkted
Funds|||||||||||
|Homes for Rsbred||Ministers||778,718|16,295|(23,114)|(4,315)|||767,584|
|Educalion||||37,825|892||(1,577)|||37,140|
|Sidney Berry||||185,384|5,089|(25,958)|(8,997)|||155,518|
|Church Supporl -|CIPT|||1,401,425|82,204|(142,663)|(57,M2)|||1,283,964|
|Special Appeals||||8,801|3,994|(12,000)||||795|
|CWM MSP3||||24,735|54|||||24,789|
|CWM MSP4|||||26,334|(74)||||26,260|
|CSC - if only...Mission Initiative|||||16,382|||||16,382|
|CSC - CWM Gift|ofGrace||||14,250|(4,440)||||9,810|
|CSC - CWM Covid||lytssion|iniliative||14,000|||||14,000|
|CFArea Funds||||1 151016|55427|55956|51094|||1099393|
|||||3,587,904|234,921|(264,205)|(122,985)|||3,435,635|
|~Prman
~nt End|vsnxE)IE||||||||||
|General Purposes||Property||91,654||||||91,654|
|Horres for Rebred||Ministers||173,451||||||173,451|
|CFArea Funds||||914,666|||47,041|||867625|
|||||1,179,771|||(47,041)|||1,132,730|
|TotalFunds||||15,233,259|919,821|(1,053,005)|(500,346)|||14,599,729|
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|Protected Programme
Fund|||
|---|---|---|
|The table below is an analysis|ofthe transfers to and from the fund||
|Church
Financial Services||(20,108)|
|Ministers
Pension||(7,991)|
|Safeguarding
/Accreditation|Group|(12,573)|
|Church Support General||(100,250)|
|||(140,922)|
##
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|||At 01.01.19|Income|Expendkure|GIL|Revaluation|Transfers|At 31.12.19|
|---|---|---|---|---|---|---|---|---|
|Unrestricted
Funds||f||6|6|Surplus
5|6|6|
|General Purposes||1,360,703|252,055|(350,828)|117,672||75,580|1,455,182|
|Des
nated Funds|||||||||
|Property||1,815,978|||||(200,000)|1,615,978|
|Trading||1,130,513|152,405|(161,179)||||1,121,739|
|Ministers'
Pension||270,955|94,708|(97,019)|31,336||2,311|302,291|
|Church Support Grants||67,962|66,635|(55,294)|21,618|||100,921|
|Church Support - Dept|||25,342|(176,071)|||150,729||
|Church Support - Safeguarding|||24,862|(34,173)|||9,311||
|Church
Financial Services||818,899|63,952|(79,524)|93,104||15,572|912.003|
|Closed Church Fund||75,763|5||||(75,768)||
|Protected Progransrsr||4,087,896|398,879||446,318||22,265|4,955,358|
|CFArea Funds||3,156|3,325|4,369||||2,112|
|||9,631,825|1,082,168|(958,457)|710,048|||10,465,584|
|Restricted
Funds|||||||||
|Pastors &Widows||7,287||(21,298)|||14,011||
|Horres for Rsbred|Nfnisters|779,312|15,914|(26,693)|10,185|||778,718|
|Educafion||33,341|1,123||3,361|||37.825|
|Sidney Berry||177,937|6,792|(5,655)|20,321||(14,011)|185,384|
|Church Support -|CIPT|1,317,653|116,826|(159,246)|126,192|||1,401,425|
|Special Appeals||300|8,501|||||8,801|
|CWM MSP3||25,057|157|(479)||||24,735|
|CFArea Funds||1,094471|69,630|123,568|110,483|||1,151,016|
|||3,435,358|218,943|(336,939)|270,542|||3,587,904|
|Permanent
Endowments|||||||||
|General Purposes|Property|91,654||||||91,654|
|Homes for Regred|Nlinisters|173,451||||||173,451|
|CFArea Funds||824,911|||89,755|||914,666|
|||1,090,016|||89,755|||1,179,771|
|Total Funds||14,157,199|1,301,111|(1,295,396)|1,070,345|||15,233,259|
##
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##
|CFArea Funds 2019|||||
|---|---|---|---|---|
||Endowments|Expendable|Accum Income|Total @31.12.19|
||6|6|||
|CF in Wales|24,666|37,283|4,772|66,721|
|East Midlands|39,336|18,501|5,112|62,949|
|Eastern|39,710||3,660|43,370|
|-Church Ext|64,203||3,609|67,812|
|North East|105,781|15,919|8,116|129,816|
|North West|77,562|647,652|27,203|752,417|
|-Church Ext|11,946|86,120|3,614|101,680|
|North West Midlands|45,525|6,414|14,928|66,867|
|South East|252,280|104,762|5,244|362,286|
|-Church Ext|30,893||7,872|38,765|
|South West|222,764|60,646|14,479|297,889|
|South West Midlands||74,552|558|75,110|
##
##
||||Unrestdcted|Restricted|Permanent||
|---|---|---|---|---|---|---|
||||Funds|Funds|Endowments|Total|
||||5|8|E|8|
|Fund balances at 31stDecember 2020 are|||||||
|represented||by:|||||
|Fixed Assets|||1,243,624|457,535|265,105|1,966,264|
|Invesbnent|Property||3,092,646|||3,322,146|
|Invesbnents|||6,557,730|2,332,874|867,625|9,758,229|
|Net Current||Assets|426,956|415,726||842.682|
|Creditors rrnre than one year|||(1,289,592)|||(1,289,592)|
|Total|||10,031,364|3,435,635|1,132,730|14,599,729|
||||Unrestricted|Restricted|Permanent||
||||Funds|Funds|Endowments|Total|
||||f||5|5|
|Fund balances at 31stDecember 2019are|||||||
|represented||by:|||||
|Fixed Assets|||1,320,126|458,417|265,105|2,043,648|
|Investment||Property|3,092,646|229,500||3,322,146|
|Imestments|||6,812,050|2,531,859|914,666|10,258,575|
|Net Current||Assets|573,354|368,128||941,482|
|Creditors rrare than one year|||(1,332,592)|||(1,332,592)|
|Total|||10,465,584|3,587,904|1,179,771|15,233,259|
##
##
||||2020|2019|
|---|---|---|---|---|
||||5|8|
|Funds to Congregational
Federation|Umked||||
|Grant relahng
to a closed church||||5,101|
|Loan relating
to a closed church||||30,000|
|Payrrwnt ofAudit I Independent
Examnafion||Fee|2,400|2,250|
|Funds from
Congregational
Federation||Umlted|||
|Costs rela5ng to closed churches|||331|449|
|Affisafion Fees|||176|287|
|Closed church sale distribufion|||148,000|441,063|
##
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##
|||2020|2019|
|---|---|---|---|
|||5|5|
|Net movement
in funds for the year||(633,530)|1,076,060|
|Depreciation||81,661|81,554|
|(Profit)/loss
on disposal oftangible fixed assets||||
|(Profit)loss on disposal ofinvestment|properties||(23,494)|
|(Gains)/losses
on investments||500,346|(1,070,345)|
|Investment
property
revaluation||||
|(Increase)/decrease
in debtors||(14,165)|(22,031)|
|Increase/(decrease)
in creditors||(59,312)|(7,708)|
|Net cashflow from operating
activities||(125,000)|34,036|
##
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