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2020-12-31-accounts

Flnanclal Statement for the Year ended December 3tst 2020 I. ACCOUPITING POUOES The flnanoal statements have been prepa￿d wlth the C￿1th Accourtl￿ Rwlatk)ns 2[K￿ twher with the applicab occountin8 Standards and the SORP 2(K)5. The finandal statements ha¥e been prepared under the hlrtorlc (ost tonventlon ex￿pt kn the valuatlon of Investment assets whkh are shown at markel va￿. The ststement indudes all transactlons. assets and f￿bilItIeS for whlth the PCC1s responslble In law. TW do not Include the accounts of Churth 8roups that tW4e thek moin affiliatKm to another b(¥ty. nor those that are Informal gatherln85 of Chuith mefflbe￿. Z. FUNDS Endowment funds are fund5 the caprtal of whkh must be malntaw. Onl¥ Intome arfslng from the Investment of the Endowment rnay be used. and murt be trealed as reSt￿ted or unre5trkttd accordln8 to the purpose for whkh the endowment was establlshed. Restrkted funds represent the folkmi •). Income from tfusts or end¢y•rn)w￿ whkh may be expanded on￿on those restrkted objert5 Stated In the temls of bequest. bl. donatlons or grants for. or Invfted ty. the PCC for a spedfic object. The funds may also be spent on that specific oblecL and any amount remalnln8 unspent at the end d the finandal year must be carrled for4vard as a balance In the partlwlar furrfts concerned. The PCC malrrtalns separale accounts for each of ts restrlrted fvnds, but Income fomi Beiywwth School share actount Is wid into the Educatlon cash account, whlch ts treated as havln8 the same object. Unrestrlcted funds are general funds whkh on be used for the PCCS ordlnJry puryxxes. IN ING RESOURCES Planned 8lvln& collectlons and domtlons are re¢(￿lS¢d when re01￿d. Tax relunds are rec(ylsed ¥then the Incomlr resource to whkh they rele ts recehryd. Grants and cles •ccourted f(yw1￿ the PCC Is ally lo the •mounts due. Dlvldends are accounted for when recelvable, and Interest b rectyded as of the date of the last quarterty ststement before the end of the flnanclal year. All other Incomels recw)1sed when It is recel4d. All Incom1￿ resources are accounted for8ros Grants and donatlons are accourfed for when pakl INer, or when awanled If the award creates a blndlTra or construclhe obllgatlon on the PCC. The dtocesan parfsh share ts pald In Instalrnents and eath payment Is accounted for at the date when it ts made. Amounts r￿1ved speakalfy for misskn) are pakl Into the general fvnd but treated as re5trlrted. All other eX￿ndIture Is 8enerally recognlsed when 11 b Incurred and is act(￿nted for gross. 5. FIXED In accordance wlth sectk•n 9612)• ofthe CharAles Act 1993, consecrated and berth woperty ts not Induded In the accounts. Movable church furn15hin8s hekl by the WKar and Churdwaydens on specrdl trust forthe PCC and whlth requlre faculty for dlsposal are inalienable property I￿ed h) the Church inventory thlch can be InS￿led at any tlme. For anything acqulred prlorto 2(W there 15 lnsuffK￿nt cost informat)n available and therefore such 8ssets are not valued In the flnanclal statements. Indlvidual items of eqvlpment used wiihln the Chunh wemi5es and hav1￿& • purdbase prke of £S(M) or less are wrltten off when the asset Is acquired. Investments are val￿d at market fv at 31 December. Approved by the PCC on 8th March 2021 and signed for on their behalf try: PCC Treasurer Mr Michael Freer.

IIIR1 1LR

PAR BENCXW Ind•p•nd•nt Ex•mln•h R•prrft N¢)t•• to th• Flnanclal Sl•tsm• 5 ** 9 10 kn 11

BENGEW LK and Republc d Ir8kn1 IFRS 102) (effecti￿ l Jarw 20191. 3TRUCTURi GOVERNANCE AND MAXAGEMENY Go¥•rnlw docum•nt R•gl¥t•r•d Chrlty 1128625 addr• St Petets Church E¥psham WR11 6DS Truth Mrs J W6Jll&k• (ap￿￿7￿d 31n(¥2020) Rov M Blrmy MrnHU Mr M R F(•8r Mrs M Bomy Rev N Wrbhl Mr D CcLrarn Mrn S Hel￿ Mrs S thkram lrn3Md 3111(rkn201 Mrn J Rk*ard• Mr D D4nkn Ms S hAhton P Wman Ms J 01t￿me {r¢ilW 3111W20201 MsAM8 Ind•p•nd•nt Ex•mln•r chI￿1￿)h￿ NW Bwj FCA 20 San8(rn W8Ak WR11LR

P•tsrf¥ Benyworth R•spMslbHlll•• and b••kn ol i•port oftho c￿lkn Act 20111lh8 Ptt I ro[￿ kn roopOLa of my •xanMwtkn ol th• Tfurf$ urthr sorakn 145 01 aTrJ be dw8vm In Ihls ryl kn crfdér b) w4tr4• ¥ Lrftho be r88th&1. FCA 20 S#rn¢vM W• Worrmter YR1 1LR 28 Februwy 2021

PXTKRS BENGEWO 2019 TLtsi T(tsi INCOME AND ENDOWIAENTS FROII DMallo￿ aThJ b3ari¢s 034 44ts34 41280 14•63 19. 4287 1623 19.261 6.748 742(Ki EXPENDMJRE 011 •.321 10.783 113.54fj 114.$50 65.128 T*)l•l 119,90 12QJ 76.343 N•t on hN••brnnts 3A14 J,71• 14.940 NET IMCOWEXPENDrruRE) .8871 11797 RECONCiIATION OF FU14D8 Toi•l fvnd• brought fornwd 41JJ6 151.1 138,362 7T.1f6 41701 1211I 151.IS9

F STPETERS BENGEWORTh 2019 Totsl CURRENT ASSErs 4J.701 Cagh at bgnk 58,727 T12J1 120 151283 25) (124) TT.158 43.n11 120N7 151,159 TOTALA88ETS LESS CURRENT UA8imE8 ri.156 701 120.857 151.159 NET ASSET8 n.156 41701 1211MS1 151,159 FUND8 un￿8t￿ted lurK 10 77.1 43.701 109,823 TOTAL FUIID8 120 151.159 bthll ty. R•v M Tr￿¢¥0 Mr M R Frnor. Tn*l••

PETERS BENCEWO N•t# t•th ACC(XJNTING P(￿1clEs acAxd¥nce with char￿e& so￿ IFRS 1021 ar#1 Reprrfb'r¥J by Charilw.. Stalement of ReF#yUrvJ Stthrd apO¢abb) in tho UK IrebJNI IFRS ltr2118ff8c*￿ 1 Jpnuwy 2019Y. ¢h#rty to t￿ •xpaThI￿T•. tt 13 prtthW8 Ihat a tywwf•r ol hr¥Jfts bo In soits&mnt and T•x•Uon Fund •ccounO 2019 Tothl T•ttl Parish 3n 372 104 1Q4 2.013 4,387

UNCtL BÉN Kw IMVESTMENf IMCOIIE 2019 Trf 1.052 CBF detKrfrt attl￿nI 1.725 2,7T7 TRUSTEET REMLIMERATION A14D 8EIIEFir3 •ndod 310gt)w 2019. 31 D•c•mber 2019. 2019 Oryonbt T( COIAE AIID ENDO4ThIENTS FROM 41280 41.2e4) 19.(Y 19.LKIB 4J87 1.725 8.748 4.3B7 6.748 Tgtsl n.148 74,2C EXPENDrruRE (XI 10.783 10.763 65.128 65.128 76.343

EW COMPARATIVES FOR THE STATEMENT OF FNANCWL ACTMfEs. ¢ontlnv•d 9.421 5,519 14.940 6.571 12.797 NET INCOME RECOMCILL4TION OF FUNDS 103.597 34.765 138.362 109.823 41.336 151.159 2019 34,581 6.755 CBF sharns.. S¢trK CBF depcdlfvr¥]: S(hKI CBF ¥hgre8.' P C C CBF Shaw M 6￿15 $3?67 1.188 92,$56 CASH AT BAIIK 2019 TLrt 4A71 P C C dopC￿l 12.316 58.727 2019 T￿Je uodtsl 125 125 125 124

1Q IAI)VEMEKf IN FUNDS Na At 1.1 31.121) 109.123 (32M71 77,156 43.701 151.159 POJ021 12I.8S7 {31667) (1.0041 1305 1120M41 4719 130.3021 At 1.1.19 31.1119 lo3￿97 109.8ZJ 6.571 41,336 138, 12.797 151,159 73.148 (76,3431 9.421 5.519 6.571 TOTAL FUNDS 742IK+ 176.3431 14.940 12.797

y4 io. At 1.1.19 Jl.12.20 103.597 {26,4411 TI.1S3 43.701 I17.￿5) 120,857 TOTAL FUNDS 138 Unr••trlct•d fund• Unrestrthd 157.047 I1￿,323) 12m5 (26.4411 2,116 159.163 (197.3271 (17.5C61 11. RELATED PARTY DISCLOSLIRES 11 CHURCH HOLISE DEr￿ED STATEIIEKr 497 1306 W•t Lbhtro Insw8 4A06 1.325 (Y.OS81 8.381 3.935 12.316 Surr Cash 8t t•nk at 1 2020 C8sh at Bank ot 31 2 4Q11 12.316 Ordbwryfur

PAR COUN BÉNCEW RTH 2019 TrOJl INCCthIE AND END(hlWEMT8 Planned gMThJ 17285 1314 17285 16,910 2.049 3.354 D(malp)nB 10.140 11700 10.140 11700 17.371 John Martkn'• Ch•*y lspe¢W fw¥Jl 4QO34 Olh•r tY•dlng actlvllkn Parfth 372 749 104 104 2.013 1.112 4.387 C8F dop¥>slt aCr￿JnI trbtsrwt 1.725 2,777 2.126 11537 1126 12J37 6,897 10.911 Commurty of h￿8• Yixth Club 15M3 19,(K18 Mlsgbjn 15.159 141 1.703 19261 19361 8.748 742 EXPENDmiRE 113 452 Pylo

F SF PtTER 2019 TctsE Trf Charlt4bh a¢llvlll IAlsyon 1NJ 100 124 124 1.130 8,519 20.464 Partsh share 616 11,782 6.616 11.782 6281 10.926 of th• Chwth M•lrthnorK d sy•knx aNI flth 511 516 1.139 1,419 8.301 2,401 2.465 3.756 3.756 0th8r dwgy} Pr•m16e8 gan•ral 1.351 1.351 S(bx4 ixtlos 85,128 174 340 1,739 I1￿11￿J Mknkmr) 6.197 0.1•7 9,633 120.984 76,343 136.OBiI P6.021) 12,1431

REGISTERED CHARITY NUMBER: 1128625

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 December 2020

for

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Boyds 20 Sansome Walk Worcester WR1 1LR

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Contents of the Financial Statements for the Year Ended 31 December 2020

Page
Report of the Trustees 1
Independent Examiner's Report 2
Statement of Financial Activities 3
Balance Sheet 4
Notes to the Financial Statements 5 to 9
Detailed Statement of Financial Activities 10 to 11

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Report of the Trustees

for the Year Ended 31 December 2020

The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

This charity is governed under The Parochial Church Councils (Powers) Measure 1956 as amended and The Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended)..

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1128625

Principal address

St Peter's Church Port Street Evesham Worcestershire WR11 6DS

Trustees

Mrs J Westlake (appointed 31/10/2020) Rev M Binney Mrs H Uncles Mr M R Freer Mrs C Thomson Mrs M Bomyer Rev N Wright Mr D Cockram Mrs S Hewitt Mrs S Cockram (resigned 31/10/2020) Mrs J Richards Mr D Daniels Ms S Ashton Ms P Bulman Ms J Osborne (resigned 31/10/2020) Ms A Malpas

Independent Examiner

Christopher Nigel Boyd FCA Boyds 20 Sansome Walk Worcester WR1 1LR

Approved by order of the board of trustees on 28 February 2021 and signed on its behalf by:

Rev M Binney - Trustee

Page 1

Independent Examiner's Report to the Trustees of The Parochial Church Council of the ecclesiastical Parish of St Peter's Bengeworth

Independent examiner's report to the trustees of The Parochial Church Council of the ecclesiastical Parish of St Peter's Bengeworth

I report to the charity trustees on my examination of the accounts of The Parochial Church Council of the ecclesiastical Parish of St Peter's Bengeworth (the Trust) for the year ended 31 December 2020.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Christopher Nigel Boyd FCA Boyds 20 Sansome Walk Worcester WR1 1LR

28 February 2021

Page 2

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Statement of Financial Activities

for the Year Ended 31 December 2020

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Church activities
Other trading activities
2
Investment income
3
Other income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Church activities
Other
Total
Net gains on investments
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
2020
Unrestricted
Restricted
Total
fund
fund
funds
£
£
£
46,034
-
46,034
15,863
-
15,863
1,182
-
1,182
1,559
1,064
2,623
19,261
-
19,261
83,899
1,064
84,963
113
-
113
6,321
-
6,321
113,546
1,004
114,550
119,980
1,004
120,984
3,414
2,305
5,719
(32,667)
2,365
(30,302)
109,823
41,336
151,159
77,156
43,701
120,857
2019
Total
funds
£
41,280
19,008
4,387
2,777
6,748
74,200
452
10,763
65,128
76,343
14,940
12,797
138,362
151,159

The notes form part of these financial statements

Page 3

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Balance Sheet

31 December 2020

Notes
CURRENT ASSETS
Investments
7
Cash at bank
8
CREDITORS
Amounts falling due within one year
9
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
10
Unrestricted funds
Restricted funds
TOTAL FUNDS
Unrestricted
Restricted
fund
fund
£
£
54,635
43,701
22,646
-
77,281
43,701
(125)
-
77,156
43,701
77,156
43,701
77,156
43,701
2020
Total
funds
£
98,336
22,646
120,982
(125)
120,857
120,857
120,857
77,156
43,701
120,857
2019
Total
funds
£
92,556
58,727
151,283
(124)
151,159
151,159
151,159
109,823
41,336
151,159

The financial statements were approved by the Board of Trustees and authorised for issue on 28 February 2021 and were signed on its behalf by:

Rev M Binney - Trustee

Mr M R Freer - Trustee

The notes form part of these financial statements

Page 4

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Notes to the Financial Statements

for the Year Ended 31 December 2020

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

These financial statements have been prepared in accordance with the Church Accounting Regulations 2006 using the receipts and payments basis except for shareholdings that are accounts for using the valuation basis.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity when authorised by the Worcester Board of Finance.

2. OTHER TRADING ACTIVITIES

OTHER TRADING ACTIVITIES
2020 2019
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
Parish magazine income 306 - 306 691
Parish lunches 372 - 372 749
Other activities 400 - 400 934
Window 104 - 104 2,013
1,182 - 1,182 4,387

Page 5

continued...

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Notes to the Financial Statements - continued

for the Year Ended 31 December 2020

3. INVESTMENT INCOME

INVESTMENT INCOME
2020 2019
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
CBF school deposit interest and dividends - 1,064 1,064 1,052
CBF deposit account interest 25 - 25 -
Investment account interest 1,534 - 1,534 1,725
1,559 1,064 2,623 2,777

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.

5. STAFF COSTS

The average monthly number of employees during the year was as follows:

Cleaner
Organist
2020
1
1
2
2019
1
1
2

No employees received emoluments in excess of £60,000.

6.

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Church activities
Other trading activities
Investment income
Other income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Church activities
Other
Total
Unrestricted
fund
£
41,280
19,008
4,387
1,725
6,748
73,148
452
10,763
65,128
76,343
Restricted
fund
£
-
-
-
1,052
-
1,052
-
-
-
-
Total
funds
£
41,280
19,008
4,387
2,777
6,748
74,200
452
10,763
65,128
76,343

Page 6

continued...

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

6.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
fund
£
Net gains on investments
9,421
NET INCOME
6,226
RECONCILIATION OF FUNDS
Total funds brought forward
103,597
TOTAL FUNDS CARRIED FORWARD
109,823
7.
CURRENT ASSET INVESTMENTS
CBF shares: School
CBF deposit fund: School
CBF shares: P C C
CBF Shares: Minister
8.
CASH AT BANK
Bank current account
P C C deposit account
Church house cash current and deposit
Total
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Held for ASUM group churches
6.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
fund
£
Net gains on investments
9,421
NET INCOME
6,226
RECONCILIATION OF FUNDS
Total funds brought forward
103,597
TOTAL FUNDS CARRIED FORWARD
109,823
7.
CURRENT ASSET INVESTMENTS
CBF shares: School
CBF deposit fund: School
CBF shares: P C C
CBF Shares: Minister
8.
CASH AT BANK
Bank current account
P C C deposit account
Church house cash current and deposit
Total
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Held for ASUM group churches
Restricted
fund
£
5,519
6,571
34,765
41,336
2020
£
36,886
6,815
53,367
1,268
98,336
2020
Total
funds
£
4,471
5,859
12,316
22,646
2020
£
-
125
125
Total
funds
£
14,940
12,797
138,362
151,159
2019
£
34,581
6,755
50,032
1,188
92,556
2019
Total
funds
£
48,958
5,834
3,935
58,727
2019
£
(1)
125
124

continued...

Page 7

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Notes to the Financial Statements - continued

for the Year Ended 31 December 2020

10. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
Net
movement At
At 1.1.20 in funds 31.12.20
£ £ £
Unrestricted funds
Unrestricted 109,823 (32,667) 77,156
Restricted funds
Restricted 41,336 2,365 43,701
TOTAL FUNDS 151,159 (30,302) 120,857
Net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
£ £ £ £
Unrestricted funds
Unrestricted 83,899 (119,980) 3,414 (32,667)
Restricted funds
Restricted 1,064 (1,004) 2,305 2,365
TOTAL FUNDS 84,963 (120,984) 5,719 (30,302)
Comparatives for movement in funds
Net
movement At
At 1.1.19 in funds 31.12.19
£ £ £
Unrestricted funds
Unrestricted 103,597 6,226 109,823
Restricted funds
Restricted 34,765 6,571 41,336
TOTAL FUNDS 138,362 12,797 151,159
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
£ £ £ £
Unrestricted funds
Unrestricted 73,148 (76,343) 9,421 6,226
Restricted funds
Restricted 1,052 - 5,519 6,571
TOTAL FUNDS 74,200 (76,343) 14,940 12,797

continued...

Page 8

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Notes to the Financial Statements - continued

for the Year Ended 31 December 2020

10. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
Unrestricted
Restricted funds
Restricted
TOTAL FUNDS
At 1.1.19
£
103,597
34,765
138,362
Net
movement
in funds
£
(26,441)
8,936
(17,505)
At
31.12.20
£
77,156
43,701
120,857

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
Unrestricted
Restricted funds
Restricted
TOTAL FUNDS
Incoming
resources
£
157,047
2,116
159,163
Resources
expended
£
(196,323)
(1,004)
(197,327)
Gains and
losses
£
12,835
7,824
20,659
Movement
in funds
£
(26,441)
8,936
(17,505)

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2020.

12. CHURCH HOUSE DETAILED STATEMENT

Church House forms part of theses accounts and therefore is covered by the independent examiners report thereon.

Income
Lettings 7,022
Corona virus job retention scheme claims 2,259
9,281
Expenditure
Water 497
Lighting and heating 1,206
Insurance 911
Repair and maintenance 936
Cleaning 4,406
7,956
Ordinary surplus for the year 1,325
Refurbishment project net expenditure (income) (7,056)
Surplus 8,381
Cash at bank at 1 January 2020 3,935
Cash at Bank at 31 December 2020 12,316
Ring fenced for refurbishment project 4,011
Ordinary funds 8,305 12,316

Page 9

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Detailed Statement of Financial Activities for the Year Ended 31 December 2020

Unrestricted
funds
£
INCOME AND ENDOWMENTS
Donations and legacies
Planned giving
17,285
Loose plate
1,314
Tax recovered
4,327
Legacies
-
Donations
268
John Martin's Charity
10,140
John Martin's Charity (special fund)
12,700
46,034
Other trading activities
Parish magazine income
306
Parish lunches
372
Other activities
400
Window
104
1,182
Investment income
CBF school deposit interest and dividends
-
CBF deposit account interest
25
Investment account interest
1,534
1,559
Charitable activities
W & F and other fees including stipendiary
2,126
Community use of church house
12,537
Youth Club
1,200
15,863
Other income
Mission
2,000
Antenna
15,159
Miscellaneous
-
Corona virus job retention scheme claims
1,703
School bibles
399
19,261
Total incoming resources
83,899
EXPENDITURE
Other trading activities
Parish magazine expenses
113
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
1,064
-
-
1,064
-
-
-
-
-
-
-
-
-
-
1,064
-
2020
Total
funds
£
17,285
1,314
4,327
-
268
10,140
12,700
46,034
306
372
400
104
1,182
1,064
25
1,534
2,623
2,126
12,537
1,200
15,863
2,000
15,159
-
1,703
399
19,261
84,963
113
2019
Total
funds
£
16,910
2,049
3,354
1,000
596
17,371
-
41,280
691
749
934
2,013
4,387
1,052
-
1,725
2,777
6,897
10,911
1,200
19,008
688
6,000
60
-
-
6,748
74,200
452

This page does not form part of the statutory financial statements

Page 10

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Detailed Statement of Financial Activities

for the Year Ended 31 December 2020

Unrestricted
funds
£
Other trading activities
Charitable activities
Mission
24
Charities (including Minister's discretionary fund)
100
124
Other
Wages
8,986
Parish share
29,000
Building maintenance
6,444
Insurance
6,616
Utilities
11,782
Cleaning of the Church
-
Maintenance of systems and fittings
516
Consumables
899
Church house expenses
3,756
Other (including visiting clergy)
3,356
Premises general
1,351
East window
40,840
School bibles
-
113,546
Support costs
Governance costs
Accountancy
600
Secretarial and admin charges
4,196
Bank charges and commission
174
Other (including Missioner)
1,227
6,197
Total resources expended
119,980
Net (expenditure)/income
(36,081)
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,004
1,004
-
-
-
-
-
1,004
60
2020
Total
funds
£
24
100
124
8,986
29,000
6,444
6,616
11,782
-
516
899
3,756
3,356
1,351
40,840
1,004
114,550
600
4,196
174
1,227
6,197
120,984
(36,021)
2019
Total
funds
£
1,130
-
1,130
8,519
20,464
1,541
6,261
10,926
1,692
1,139
1,419
8,301
2,401
2,465
-
-
65,128
600
6,954
340
1,739
9,633
76,343
(2,143)

This page does not form part of the statutory financial statements

Page 11

REGISTERED CHARITY NUMBER: 1128625

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 December 2020

for

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Boyds 20 Sansome Walk Worcester WR1 1LR

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Contents of the Financial Statements for the Year Ended 31 December 2020

Page
Report of the Trustees 1
Independent Examiner's Report 2
Statement of Financial Activities 3
Balance Sheet 4
Notes to the Financial Statements 5 to 9
Detailed Statement of Financial Activities 10 to 11

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Report of the Trustees

for the Year Ended 31 December 2020

The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

This charity is governed under The Parochial Church Councils (Powers) Measure 1956 as amended and The Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended)..

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1128625

Principal address

St Peter's Church Port Street Evesham Worcestershire WR11 6DS

Trustees

Mrs J Westlake (appointed 31/10/2020) Rev M Binney Mrs H Uncles Mr M R Freer Mrs C Thomson Mrs M Bomyer Rev N Wright Mr D Cockram Mrs S Hewitt Mrs S Cockram (resigned 31/10/2020) Mrs J Richards Mr D Daniels Ms S Ashton Ms P Bulman Ms J Osborne (resigned 31/10/2020) Ms A Malpas

Independent Examiner

Christopher Nigel Boyd FCA Boyds 20 Sansome Walk Worcester WR1 1LR

Approved by order of the board of trustees on 28 February 2021 and signed on its behalf by:

Rev M Binney - Trustee

Page 1

Independent Examiner's Report to the Trustees of The Parochial Church Council of the ecclesiastical Parish of St Peter's Bengeworth

Independent examiner's report to the trustees of The Parochial Church Council of the ecclesiastical Parish of St Peter's Bengeworth

I report to the charity trustees on my examination of the accounts of The Parochial Church Council of the ecclesiastical Parish of St Peter's Bengeworth (the Trust) for the year ended 31 December 2020.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Christopher Nigel Boyd FCA Boyds 20 Sansome Walk Worcester WR1 1LR

28 February 2021

Page 2

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Statement of Financial Activities

for the Year Ended 31 December 2020

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Church activities
Other trading activities
2
Investment income
3
Other income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Church activities
Other
Total
Net gains on investments
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
2020
Unrestricted
Restricted
Total
fund
fund
funds
£
£
£
46,034
-
46,034
15,863
-
15,863
1,182
-
1,182
1,559
1,064
2,623
19,261
-
19,261
83,899
1,064
84,963
113
-
113
6,321
-
6,321
113,546
1,004
114,550
119,980
1,004
120,984
3,414
2,305
5,719
(32,667)
2,365
(30,302)
109,823
41,336
151,159
77,156
43,701
120,857
2019
Total
funds
£
41,280
19,008
4,387
2,777
6,748
74,200
452
10,763
65,128
76,343
14,940
12,797
138,362
151,159

The notes form part of these financial statements

Page 3

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Balance Sheet

31 December 2020

Notes
CURRENT ASSETS
Investments
7
Cash at bank
8
CREDITORS
Amounts falling due within one year
9
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
10
Unrestricted funds
Restricted funds
TOTAL FUNDS
Unrestricted
Restricted
fund
fund
£
£
54,635
43,701
22,646
-
77,281
43,701
(125)
-
77,156
43,701
77,156
43,701
77,156
43,701
2020
Total
funds
£
98,336
22,646
120,982
(125)
120,857
120,857
120,857
77,156
43,701
120,857
2019
Total
funds
£
92,556
58,727
151,283
(124)
151,159
151,159
151,159
109,823
41,336
151,159

The financial statements were approved by the Board of Trustees and authorised for issue on 28 February 2021 and were signed on its behalf by:

Rev M Binney - Trustee

Mr M R Freer - Trustee

The notes form part of these financial statements

Page 4

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Notes to the Financial Statements

for the Year Ended 31 December 2020

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

These financial statements have been prepared in accordance with the Church Accounting Regulations 2006 using the receipts and payments basis except for shareholdings that are accounts for using the valuation basis.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity when authorised by the Worcester Board of Finance.

2. OTHER TRADING ACTIVITIES

OTHER TRADING ACTIVITIES
2020 2019
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
Parish magazine income 306 - 306 691
Parish lunches 372 - 372 749
Other activities 400 - 400 934
Window 104 - 104 2,013
1,182 - 1,182 4,387

Page 5

continued...

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Notes to the Financial Statements - continued

for the Year Ended 31 December 2020

3. INVESTMENT INCOME

INVESTMENT INCOME
2020 2019
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
CBF school deposit interest and dividends - 1,064 1,064 1,052
CBF deposit account interest 25 - 25 -
Investment account interest 1,534 - 1,534 1,725
1,559 1,064 2,623 2,777

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.

5. STAFF COSTS

The average monthly number of employees during the year was as follows:

Cleaner
Organist
2020
1
1
2
2019
1
1
2

No employees received emoluments in excess of £60,000.

6.

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Church activities
Other trading activities
Investment income
Other income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Church activities
Other
Total
Unrestricted
fund
£
41,280
19,008
4,387
1,725
6,748
73,148
452
10,763
65,128
76,343
Restricted
fund
£
-
-
-
1,052
-
1,052
-
-
-
-
Total
funds
£
41,280
19,008
4,387
2,777
6,748
74,200
452
10,763
65,128
76,343

Page 6

continued...

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

6.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
fund
£
Net gains on investments
9,421
NET INCOME
6,226
RECONCILIATION OF FUNDS
Total funds brought forward
103,597
TOTAL FUNDS CARRIED FORWARD
109,823
7.
CURRENT ASSET INVESTMENTS
CBF shares: School
CBF deposit fund: School
CBF shares: P C C
CBF Shares: Minister
8.
CASH AT BANK
Bank current account
P C C deposit account
Church house cash current and deposit
Total
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Held for ASUM group churches
6.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
fund
£
Net gains on investments
9,421
NET INCOME
6,226
RECONCILIATION OF FUNDS
Total funds brought forward
103,597
TOTAL FUNDS CARRIED FORWARD
109,823
7.
CURRENT ASSET INVESTMENTS
CBF shares: School
CBF deposit fund: School
CBF shares: P C C
CBF Shares: Minister
8.
CASH AT BANK
Bank current account
P C C deposit account
Church house cash current and deposit
Total
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Held for ASUM group churches
Restricted
fund
£
5,519
6,571
34,765
41,336
2020
£
36,886
6,815
53,367
1,268
98,336
2020
Total
funds
£
4,471
5,859
12,316
22,646
2020
£
-
125
125
Total
funds
£
14,940
12,797
138,362
151,159
2019
£
34,581
6,755
50,032
1,188
92,556
2019
Total
funds
£
48,958
5,834
3,935
58,727
2019
£
(1)
125
124

continued...

Page 7

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Notes to the Financial Statements - continued

for the Year Ended 31 December 2020

10. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
Net
movement At
At 1.1.20 in funds 31.12.20
£ £ £
Unrestricted funds
Unrestricted 109,823 (32,667) 77,156
Restricted funds
Restricted 41,336 2,365 43,701
TOTAL FUNDS 151,159 (30,302) 120,857
Net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
£ £ £ £
Unrestricted funds
Unrestricted 83,899 (119,980) 3,414 (32,667)
Restricted funds
Restricted 1,064 (1,004) 2,305 2,365
TOTAL FUNDS 84,963 (120,984) 5,719 (30,302)
Comparatives for movement in funds
Net
movement At
At 1.1.19 in funds 31.12.19
£ £ £
Unrestricted funds
Unrestricted 103,597 6,226 109,823
Restricted funds
Restricted 34,765 6,571 41,336
TOTAL FUNDS 138,362 12,797 151,159
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
£ £ £ £
Unrestricted funds
Unrestricted 73,148 (76,343) 9,421 6,226
Restricted funds
Restricted 1,052 - 5,519 6,571
TOTAL FUNDS 74,200 (76,343) 14,940 12,797

continued...

Page 8

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Notes to the Financial Statements - continued

for the Year Ended 31 December 2020

10. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
Unrestricted
Restricted funds
Restricted
TOTAL FUNDS
At 1.1.19
£
103,597
34,765
138,362
Net
movement
in funds
£
(26,441)
8,936
(17,505)
At
31.12.20
£
77,156
43,701
120,857

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
Unrestricted
Restricted funds
Restricted
TOTAL FUNDS
Incoming
resources
£
157,047
2,116
159,163
Resources
expended
£
(196,323)
(1,004)
(197,327)
Gains and
losses
£
12,835
7,824
20,659
Movement
in funds
£
(26,441)
8,936
(17,505)

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2020.

12. CHURCH HOUSE DETAILED STATEMENT

Church House forms part of theses accounts and therefore is covered by the independent examiners report thereon.

Income
Lettings 7,022
Corona virus job retention scheme claims 2,259
9,281
Expenditure
Water 497
Lighting and heating 1,206
Insurance 911
Repair and maintenance 936
Cleaning 4,406
7,956
Ordinary surplus for the year 1,325
Refurbishment project net expenditure (income) (7,056)
Surplus 8,381
Cash at bank at 1 January 2020 3,935
Cash at Bank at 31 December 2020 12,316
Ring fenced for refurbishment project 4,011
Ordinary funds 8,305 12,316

Page 9

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Detailed Statement of Financial Activities for the Year Ended 31 December 2020

Unrestricted
funds
£
INCOME AND ENDOWMENTS
Donations and legacies
Planned giving
17,285
Loose plate
1,314
Tax recovered
4,327
Legacies
-
Donations
268
John Martin's Charity
10,140
John Martin's Charity (special fund)
12,700
46,034
Other trading activities
Parish magazine income
306
Parish lunches
372
Other activities
400
Window
104
1,182
Investment income
CBF school deposit interest and dividends
-
CBF deposit account interest
25
Investment account interest
1,534
1,559
Charitable activities
W & F and other fees including stipendiary
2,126
Community use of church house
12,537
Youth Club
1,200
15,863
Other income
Mission
2,000
Antenna
15,159
Miscellaneous
-
Corona virus job retention scheme claims
1,703
School bibles
399
19,261
Total incoming resources
83,899
EXPENDITURE
Other trading activities
Parish magazine expenses
113
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
1,064
-
-
1,064
-
-
-
-
-
-
-
-
-
-
1,064
-
2020
Total
funds
£
17,285
1,314
4,327
-
268
10,140
12,700
46,034
306
372
400
104
1,182
1,064
25
1,534
2,623
2,126
12,537
1,200
15,863
2,000
15,159
-
1,703
399
19,261
84,963
113
2019
Total
funds
£
16,910
2,049
3,354
1,000
596
17,371
-
41,280
691
749
934
2,013
4,387
1,052
-
1,725
2,777
6,897
10,911
1,200
19,008
688
6,000
60
-
-
6,748
74,200
452

This page does not form part of the statutory financial statements

Page 10

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BENGEWORTH

Detailed Statement of Financial Activities

for the Year Ended 31 December 2020

Unrestricted
funds
£
Other trading activities
Charitable activities
Mission
24
Charities (including Minister's discretionary fund)
100
124
Other
Wages
8,986
Parish share
29,000
Building maintenance
6,444
Insurance
6,616
Utilities
11,782
Cleaning of the Church
-
Maintenance of systems and fittings
516
Consumables
899
Church house expenses
3,756
Other (including visiting clergy)
3,356
Premises general
1,351
East window
40,840
School bibles
-
113,546
Support costs
Governance costs
Accountancy
600
Secretarial and admin charges
4,196
Bank charges and commission
174
Other (including Missioner)
1,227
6,197
Total resources expended
119,980
Net (expenditure)/income
(36,081)
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,004
1,004
-
-
-
-
-
1,004
60
2020
Total
funds
£
24
100
124
8,986
29,000
6,444
6,616
11,782
-
516
899
3,756
3,356
1,351
40,840
1,004
114,550
600
4,196
174
1,227
6,197
120,984
(36,021)
2019
Total
funds
£
1,130
-
1,130
8,519
20,464
1,541
6,261
10,926
1,692
1,139
1,419
8,301
2,401
2,465
-
-
65,128
600
6,954
340
1,739
9,633
76,343
(2,143)

This page does not form part of the statutory financial statements

Page 11