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2020-12-31-accounts

Trustees Annual Report For the Year Ended 31 December 2020

St Paul’s C of E School and Parish Room Registered Charity No. 309060

St Paul’s Parish Rooms

Reading Road Wokingham Berkshire RG41 1EH

The Trustees are the current members of the PCC.

The Objectives and Activities of the Charity. The objectives are to raise money to support Education within the parish and Religious Education within St Paul’s C of E Junior School and St Paul’s Junior Church.

To achieve the objectives, the Parish Rooms are let on a fee-paying basis and the surplus each year, after deducting reserves, is used for the objectives.

Achievements and Performance of the Charity. During the year-ended 31 December 2020, one grant to the value of £190 was made in accordance with the stated objectives but as a result of Covid 19 the activity was cancelled and the grant returned.

Financial Review. At 31 December 2020 the Reserves stood at £37,609 and are supported by the accounts.

*** Additional Information:**

Exceptional income was received during the year of £2,056, this being interest received from the proceeds of sale of a parcel of land. The capital proceeds are held on our behalf by the Diocese.

St Paul’s Parish Room Trust

Income & Expenditure Account for the Year Ended 31 December 2020

2019
£

Income:
50,687
Room Hire
106
Bank Interest
---
Covid 19 Discretionary Grant
---
Toilet Twinning Donations
2
Miscellaneous
50,795
Less:
Premises Costs
( 212
)
Water
1,754
Light & Heat: Gas
2,129
Electricity
Repairs & Renewals
470
Property
1,693
General
501
Fire & Electrical Maintenance
115
Plumbing & Heating Repairs
542
Alarm Maintenance
16,707
Cleaning and Waste
495
Pest Control
732
Dishwasher Expenses
---
..Door Maintenance
133
..Hot Water Boiler
Administration
11,013
Parish Administration
700
Telephone & Broadband
1,992
Insurance
Other Expenses
2,196
Legal & Professional
---
Toilet Twinning Donation
40
Miscellaneous
Depreciation
4,534
Boiler
747
Thermostat
---
Laptop Computer
---
Height Restriction Barrier
46,281
£4,514
Excess Income over Expenditure/
Expenditure over Income
Exceptional Income:
£2,696
Interest from Proceeds of Land Sale
2020
£
£
£
21,094
57
3,000
480
---
24,631
1,076
1,195
1,154
3,425
---
982
777
114
567
5,529
540
130
244
---
8,883
9,159
629
2,030
11,818
---
480
109
589
---
---
551
2,904
3,455
28,170
£ (3,539
)
£2,056

St Paul’s Parish Room Trust

Balance Sheet as at 31 December 2020


£
2019
£
2,064
41,899
43,963
4,896
39,067
£
8,606
4,372
---
2,257
15,235
200
---
200
15,035
23,451
2,696
26,147
4,372
21,775
---
200

2,257

2,457
200

2,257
39,067
CURRENT ASSETS
Debtors & Prepayments
Bank Accounts
Less:
CURRENT LIABILITIES
Creditors, Accruals & Income in Advance
CAPITAL ACCOUNT
Capital at 1 January 2020:
General Funds:
Plus: Transfer of Funds from Land Sale Proceeds
HMRC Refund
50%Share of Profit to Reserves
Minus:Transfer of Funds to Grant Fund
Loss for the Year
Plus:
Accumulated Interest from Land Sale Proceeds
Plus:Current Interest from Land Sale Proceeds
Minus:Transfer to General Funds
Plus:
Funds Available for Grants
Plus:Transfer of Funds to Grant Fund
50% Share of Profit for the Year
Minus:Grants paid in the Year
--
3,539
2020
£
2,324
40,854
43,178
5,569
£37,609
£
15,035
2,196
25
---
17,256
3,539
13,717
2020
£
2,324
40,854
43,178
5,569
£37,609
£
15,035
2,196
25
---
17,256
3,539
13,717
2020
£
2,324
40,854
43,178
5,569
£37,609
£
15,035
2,196
25
---
17,256
3,539
13,717
200
---
23,451
2,696
26,147
4,372
21,775
2,056
23,831
2,196
21,635
---
200
2,257
2,457
200
2,257
---
---
2,257
---
£ £

St Paul’s Parish Room Trust

Accounts for the Year Ended 31 December 2020

Profit Adjustment:

Loss per Accounts
£ (3,539)
Add on: Exceptional Income
2,056
(1,483)
Add Back: Depreciation
3,455
Adjusted Profit for the Year
£1,972

INDEPENDETr￿ EXAMtNER'S REPORT TO THE ACco￿s OF ST PAUL'S PARISH ROOM TRUST FOR THE YEAR ENDED 31 DECEMBER 2020 I have examin¢d th¢ Income and ExpenditUTe Account for the Year Ended 31 December 2020 and the Balance Shect as at 31 December 2020. 1 have also reviewed the accounting records kept by th¢ Charity. My ¢xamination was carried out in xcordance with the General Directions given by the Chanty commi￿loll under section 43(7)(b) of the Chariti¢s Act 1993. In ¢otmection with my ekqminalion, no matter has come to my att¢ntion'. (l) vthich gives me reasonable cause to believe that in any Tnaterial respects th¢ requirements to keep accounting records in accordanoe with s¢ction 41 of the Act. and to prepare acwunts which accord with the w)unting records and cornply with the requirernellts of the Act 2nd the Regulatiolls have not been met. or (2) to which. in my opinion. attention should have ken in order to enable a proper understanding of the xcounts to ir Te&hed. -/? RCH Morton. ACMA 3 Freesia Close Wokingham. RG413NE