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|Contents|||Page|
|---|---|---|---|
|Trustees Report|||3-6|
|Independent
Examiner's||Report||
|Statement ofFinancial||Activities||
|Balance Sheet||||
|Notes to Financial|Statements||10-15|
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|Le al and||administrative|administrative|information|information|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Principal|Address:||||Great Eccleston|Free Methodist||Church||||
||||||Hall Lane|||||||
||||||Great Eccleston|||||||
||||||Preston|||||||
||||||PR3 OXN|||||||
|Governing||Document:|||Trust Deed sealed on 21 April 1983as amended||||by|scheme dated||
||||||9March 2000, this makes all members ofthe Official Board (now|||||||
||||||known
as the Church Leadership|||Team) ofGreat Eccleston Free||||
||||||Methodist
Church Trustees.|||||||
|Objects of||the Charity:|||The furtherance|ofthe religious|and other charitable|||work ofthe Free||
||||||Methodist
Church ofNorth America (United Kingdom||||||District).|
|Specific Investment|||Powers:||The Church
has|a single, General||Fund, deposit|account with Virgin Money.|||
||||||During the year|2020 two bank|accounts were held|||by|the Church:|
||||||General fund current account- Santander UK pic.|||||||
||||||General fund deposit account- Virgin Money|||||||
|Bankers:|||||Santander UK pic|||||||
||||||Customer
Service Centre|||||||
||||||Bootle|||||||
||||||Merseyside|||||||
||||||L304GB|||||||
||||||Virgin Money|||||||
||||||Savings Operations|||||||
||||||Jubilee House|||||||
||||||Gosforth|||||||
||||||Newcastle
upon|Tyne||||||
||||||NE3 4PL|||||||
|Independent||Examiner:|||CWR Chartered|Accountants,||||||
||||||20 Mannin
Way|||||||
||||||Lancaster Business Park|||||||
||||||Caton Road|||||||
||||||Lancaster|||||||
||||||LA1 3SW|||||||
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|||||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|For the Year|For the Year|
|||||||Ended 31|Ended 31|
||||General|Designated||December|December|
|||Note||||2020|2019|
|Incoming Resources||||||||
|Generated
Funds||||||||
|Voluntary
Income:||||||||
|Tithes &Offerings
(including||Gift Aid)|19,654|||19,654|22,399|
|Income Tax Recoverable (Gift||Aid)|2,397|||2,397|2,375|
|Donations||||30||30||
|Legacies|||||||4,000|
|Gifts for Specific Purposes|||||1,658|1,658|1,232|
|Investment
Income:||||||||
|Bank Interest|||268|||268|379|
|Grazing Rent - Lodge Farm||||6,701||6,701|6,679|
|Rent - Rehoboth|||8&400|||8,400|8,400|
|Rent - Great Eccleston Lodge|||7,450|||7,450|700|
|Charitable
Activities||||||||
|Football Team Income|||||725|725|1,195|
|Soccer&Netball School Booking Fees||||||||
|Other Incoming Resources||||||||
|Gift For Use ofBuildings|||||||1,003|
|Total Incoming Resources|||38,169|6,731|2,383|47,283|48,362|
|Resources Expended||||||||
|Charitable
Expenditure||||||||
|Charitable
Activities|||41,108|30|1,001|42,139|33,524|
|Governance
Costs|||1,758|||1,758|1,680|
|Other|||451|||818|7,713|
|Total Resources Expended|||43,317|397|1,001|44,715|42,917|
|Transfer Between Funds||15|4,473|(3,516)|(957)|||
|Net Movements
in Funds|||(675)|2,818|425|2,568|5,445|
|Reconciliation
ofFunds||||||||
|Balances Brought Forward|1st|January 2020|984,175|3,516|1,772|984,018|984,018|
|Balances Carried Forward 31stDecember 2020|||983,500|6,334|2,197|986,586|989,463|
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||||Note|2020|2019|
|---|---|---|---|---|---|
|||||f,||
|Fixed Assets||||||
|Land and Buildings||||890,880|907,880|
|Fixtures, Fittings &|Equipment|||2,460|3,279|
|Motor Vehicles||||3,827|5,102|
|||||897,167|916,261|
|Current Assets||||||
|Debtors and Prepayments||||9,604|9,925|
|Cash at Bank||||89,441|67,190|
|Cash in Hand||||711|545|
|||||99,756|77,660|
|Creditors: Amounts|falling due within|one year||(4,892)|(4,458)|
|Net Current Assets||||94,864|73,202|
|Net Assets||||992,031|989,463|
|Funds||||||
|Unrestricted
Funds:||||||
|General Fund||||86,333|67,914|
|Fixed Asset Fund||||897,167|916,261|
|Designated
Fund|||15|6,334|3,516|
|Restricted Funds||||2,197|1,772|
|Total Funds||||992,031|989,463|
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|2.Charitable
Activities|2.Charitable
Activities|2.Charitable
Activities|||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|For the year|For the year|
||||||||ended 31|ended 31|
|||||General|Designated||December|December|
||||||||2020|2019|
|Pastor Stipend|||||||||
|Church Worker||||19,879|||19,879|5,861|
|Manse running
costs||||1,128|||1,128|970|
|Church
running
costs||||6,716|||6,716|8,316|
|Minibus
expenses||||976|||976|1,673|
|Visiting preachers|expenses|||45|||45|1,355|
|Outreach
and Evangelism||||||740|740|1,090|
|Giving and donations||||5,726||200|5,926|8%520|
|Childrens
and youth work||||864||61|925|1,723|
|Depreciation offixed||assets||2,094|||2,094|2,194|
|Conference
levy||||2,281|30||2,311|1,690|
|Printing
and stationery||||221|||221|132|
|Legal fees||||1,178|||1,178||
|||||41,108|30|1,001|42,139|33,524|
|3.Other Charitable||Expenditure|||||||
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|For the year|For the year|
||||||||ended 31|ended 31|
|||||General|Designated||December|December|
||||||||2020|2019|
|Lodge Farm Expenses|||||367||367|3,163|
|Rehoboth
Expenses||||451|||451|4,550|
|||||451|367||818|7,713|
|4.Freehold
Land|and Buildings||||||||
||||||||2020|2019|
|Church Buildin
s|||||||||
|Hall Lane, Great Eccleston (At Insurance|||Cover Valuation|Ol/01/1997)|||206,000|206,000|
|Land and Buildin|s||||||||
|Lodge Farm, Hall Lane, Great Eccleston|||(At Probate Value|15/09/2005)|||500,000|500,000|
|Alterations
at Cost|||||||201,880|201,880|
|Disposal ofGarage|||||||(17,000)||
||||||||890,880|907,880|
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|5.Other Tangible Assets||||
|---|---|---|---|
||Fixtures,|Motor|Total|
||Fittings and|Vehicles||
||Equipment|||
|Cost||||
|At 1st January 2020|15,148|7,594|22,742|
|Additions||||
|At 31stDecember 2020|15,148|7,594|22,742|
|Depreciation||||
|At 1st January 2020|11,869|2,492|14,361|
|Charge
in period|819|1,275|2,094|
|At 31stDecember 2020|12,688|3,767|16,455|
|Net BookValues||||
|At 1st January 2020|3,279|5,102|8,381|
|At 31stDecember 2020|2,460|3,827|6,287|
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|6.Debtors and Prepaym|ents|||||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|Tax Refund on Gift Aid||||||7,185|7,076|
|P repayments||||||2,395|2,849|
|Other Debtors||||||24||
|||||||9,604|9,925|
|7.Creditors: Amounts|falling due within|one year||||||
|||||||2020|2019|
|Accruals||||||3,994|3,980|
|Other Creditors||||||898|478|
|||||||4,892|4,458|
|S.Restricted Funds Movements|||1January||||31December|
||||2020|Income|Expenditure|Transfers|2020|
|Football Team|||1,405|725|(740)||1,390|
|Gift for Service Recording Ministry|||362||||362|
|Gift for Specific Purposes|||5|1,658|(261)|(957)|445|
||||1,772|2,383|(1,001)|(957)|2,197|
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|11.Analysi|s ofNet Assets Between Funds||||
|---|---|---|---|---|
|||Tangible|Net Current|Total|
|||Fixed Assets|Assets|2020|
|Unrestricted|Funds|897,167|92,667|989,834|
|Restricted|Funds||2,197|2,197|
|||897,167|94,864|992,031|
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