St John's Parish Church, Newtownhamilton Reciepts and Payments Account for the year ended 31 December 2019 Unrestricted Restricted Totsl Funds Funds Funds 2019 2019 2019 Total Funds 2018 Note RÈcelpts Donations and Plate Collections Investment income 19221 1449 19221 1449 18284 3563 Total Receipts 20670 20670 21847 Payments Charitable activities Other Costs 18357 413 18357 413 21413 319 Total Expenditure 770 18770 21732 Surplus / (Deficit) for the year 1900 114 Funds brought forward 72353 72353 72238 Total Funds carried foThvard 74253 74253 72353 Statement of Assets artd Liabilities for the Year Ended 31 December 2019 Unrestricted Restricted Funds Funds 2019 2019 Total 2019 Funds Reconciliatlon Cash at bank and in hand 31.12.18 Surplus I (Deficit) this year end 72.353 72.353 Cash at bank and in hand 31.12.19 74.253 74,253 Bank and Cash Balances Bank Current Accounts 74.253 Fixed Assets Assets retsined for the Church's own use comprise the followlng properties and are stated at insured values: Church Buildings and Contents Church Hall 960.394 84.274 1,044.668 Approved by the Trustees on Monday 21 September 2020 and signed on their behalf by: Mark Watt Valerie Taylor N¢)ts5 to the Financial Statements for the Year Ended 31 December 2019 l ACc(wnt1￿ Policies Set out below are the principal accounting policies which have been adopted in the compliation of the Receipts and Payments Account and the Ststement of Assets and LiabilitTres. {il Receipts and Payments All items of income and expendtture induded within the Reciepts and Payments Account have been account for on a cash receipts basis. Voluntary income is received by way of donations and gifts and is included in full in the ststement of Financial Activities when re￿1¥able. The value of servi￿$ provided by volunteers has not been included. The Parish generally meets its day to day working capital requirements from its annual income. The Trustees have obtained and reviewed cash fiow forca5ts for the commings year and based on these are satisfied that the Parish has resouces to provide a reasonable expertation that it can continue to meets its financial obligation5 a5 they fall due for the forseeable future. Therefore these Financial Statements have been prepared on a going COn￿rn basis. lill Statement of Assets and Liabilities The assets of the Parish. retained for its own use comprise of the Church Building and Graveyard. These are deemed to be Heritage Assets a5 defined by the Chartties SORP IFRS 1021. These Heritsge assets are not included in the ststement of assets and liabiltties as Information on the cost or valuation is not avaliable and such inforn)ation cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the Church. liiil Investments Fixed Asset investments comprising investment properties, investments in equitie5 (ordinary shares) and investment in RCB / CIT Unit Trusts are inttialty recorded at cost and are then subsequently ststed at fair value at each year end date. Investments in unquoted investments are recorded at tost and are assessed annualty for impairment. 2 Donatlons Unre5tTirted Restricted Endowment Funds Funds Funds Totsl 2018 Subscriptions Graveyard Fees Ash Wednesday Maudy Thursday Collectlon Gift Dav HaNest seNi￿s Donations towards Grass Cutting Rememberance Sunday Bishops Appeal Christmas Day collection Ambassador Magazines Sunday School boxes 16.936 370 36 36 L205 16.936 370 36 36 1.205 90 20 84 155 20 155 36 36 108 145 145 19,221 19,221 Notes to the Financial Statements Continued 3 Investments Unrestricted RestrFrted Endowment Funds Funds Funds Total 2019 Bank Interest RCB Trust Income 416 1034 416 1034 1449 1449 4 Charftable Activities Unrestrirted Restricted Endowment Funds Funds Funds Totsl 2019 Oi(Kesan Char8 11311 11311 Church Runnlng Costs Heat & Llght Water Rates Insurance Repair5 Grass Cutting Organist Sunday School Expenses Communion Wine 1661 2(Kl 1460 1661 200 1460 1088 530 520 267 48 530 520 267 Glebe Share of Rectory Costs 968 Administration Costs Stationery and Printing Bank Fees 210 95 210 95 18357 18357 5 Other Costs Unrestricted Restritted Endowment Funds Funds Funds Total 2018 Church Hall Trustee- legal cost Wayne Hawthorne- Course Fee5 185 228 185 228 413 413 6 Trdnsactlons wlth the Trnstees The following transactions were made during the year. £530 ￿￿S paid to a trustee during the year for maintaining the grounds around the church and cutting the gras5 in the graveyafd. E228 was paid for course fees on behalf of a trustee. 7 Governance Costs Governane costs of £0 were incurred durirE the year of whith £0 relates to fees paid to the independent examiner.