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2020-12-31-accounts

St Keverne Parochial Church Council – Annual Report to December 2020

St Keverne Parochial Church Council (the PCC) hereby presents its annual report for the year ended 31st December 2020.

REFERENCE and ADMINISTRATIVE INFORMATION

The PCC is the Parochial Church Council, for the Ecclesiastical Parish of, St Keverne, Cornwall in the Church of England Diocese of Truro (in the Archdeaconry of Cornwall and Deanery of Kerrier).

The PCC is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure (1956) as amended and the Church Representation Rules. The PCC is a charity, but generally excepted by order from registering with the Charity Commission. However, from 15[th] April 2009 it registered directly with the Charity Commission (registration number 1129138).

In June 2016, the parish of St Keverne was joined in a United Benefice with the parishes of St Ruan w St Grade and Landewednack as The United Benefice of St Keverne, St Ruan w St Grade and Landewednack (the Benefice), for the purposes of licensing ministry. However, the PCC acts separately as registered charity

The Parish & Churches

The Church of England Parish of St Keverne covers an area on the eastern Lizard Peninsular in Cornwall including the villages of St Keverne, Coverack and surrounding areas including the hamlets of Porthallow, Porthoustock and Ponsongath.

The Parish Church of St Keverne (Graded 1 Listed) is located in the Square, St Keverne. In addition, there is a second church, St Peter’s, situated in Mill Road in the village of Coverack.

In addition to the two churches, the PCC owns two church Halls (in St Keverne and Coverack) and a three-bedroom house in Coverack.

Services

Prior to the Coronavirus 19 Pandemic the Main Sunday services were at St Peter’s (9.30am) and St Keverne (11.00am) comprise a mixture of Communion, Family Services and Morning Prayer. There is an additional service at St Peter’s twice monthly of Book of Common Prayer Communion at 8.00am and once a month a Praise service in the evening at Porthallow Village Hall. There is a weekday service on Wednesdays at St Keverne (Communion or Morning Prayer) and a number of prayer meetings at both churches.

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St Keverne Parochial Church Council – Annual Report to December 2020

During 2020 owing to the Pandemic all the Churches were closed for certain periods.

March to June: during this time Revd Peter Sharpe prepared a You Tube Service for each Sunday which was watched by members of the congregation from the entire Benefice and beyond. Rev Peter Sharpe retired 30[th] June 2020.

From July 2020 to October: Churches were able to have services on a limited basis following the strict guidelines of the Church of England. Sunday morning services of Morning Prayer and Holy Communion were held at St Peters Church at 9.30am and St Keverne Church at 11.00am led by Retired Clergy Revered John Ough and Reverend Deirdre Mackrill and our Readers.

Apart from Services St Keverne Church was open for Sundays and Wednesdays and St Peter’s Church open for Sundays and Thursdays for private prayer.

From October 2020 to 2[nd] December 2020 at the end of a second lockdown England returned to a stricter three-tier system of restriction, it was possible to open the Churches under the guidelines for services and private prayer as outlined above. During this period the Churchwardens were able to send out a weekly Church newsletter with a reflection from Clergy and Readers with readings from the lectionary. From 2[nd] December until Christmas Day the lockdown rules changed to a tier system and it was possible to have Church Services including a Sunday morning Carol Service and to celebrate Christmas Day in our churches.

However, from 26[th] December England entered into a further third lockdown and our Churches were closed for a further and more prolonged period. During this time, it was decided that as well as the weekly newsletter and reflection, Zoom services on a Sunday morning would be held and this became a huge success.

The Parish Clergy

Revd Peter Sharpe, Rector, retired on 30 June 2020 and from that time the parish was without a licensed clergy person.

Mr Sam Buchannan and Dr Becca Greenough are licensed as Readers. Our Readers work with Retired Clergy who have the Bishop’s permission to officiate in the Diocese as well as a number of Lay Worship Leaders and Lay Pastoral Ministers. During this time of Transition, we are hugely assisted by Reverend John Ough, Reverend Deirdre Mackrill and Reverend Bob Dunnett. We have also had support from the Rural Dean, Revd David Miller in providing necessary advice and ministry within the parish.

(Mrs Nina Batley relinquished her licence as Reader at the beginning of 2020).

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St Keverne Parochial Church Council – Annual Report to December 2020

Churchwardens

During the year the Churchwardens for the Parish were

Parochial Church Council

Given the restrictions in place the APCM and revision of the electoral roll were delayed until October 2020.

The Trustees (Members) of the PCC comprise:

At the time of this report, the Trustees comprised.

Name

Mr John Wilks – Chairman Revd. Deirdre Mackrill Mr Sam Buchanan Dr Becca Greenough Miss Claire Thomson

Mrs Joan Kearsley

Mrs Kathy Ough Mr Charles Patten Mrs Sandra Argall

Basis of Appointment

Elected October 2020 Ex-officio (Associate Minister) Ex-officio (Reader) Ex-officio (Reader) Ex-officio (Churchwarden from May 2017) Ex-officio (Churchwarden from October 2020) (Deanery Synod Rep); also Elected from April 2017

Elected October 2020 (Secretary) Elected from April 2017 Elected from April 2018

Mrs Margaret Jackson Mrs Judy Wilks Mrs Karen Richards

Elected from April 2019 Ex-officio (Deanery Synod Rep) Ex-officio (Safeguarding representative)

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St Keverne Parochial Church Council – Annual Report to December 2020

The following served during part of the year only Dr Jeremy McCabe – Treasurer

Dr Jeremy McCabe – Treasurer Elected April 2018 (Treasurer) resigned October 2020 (see below) Mr Martin Kaley Elected June 2017 until October 2020 Mrs Pamela Kaley Elected April 2019 until October 2020

The following have ceased to be a Trustee since the year end

Mrs Margaret Jackson Elected from April 2019. Resigned March 2021 Mrs Sandra Argall Elected in April 2018 – Mrs Argall does not intend to stand this year as a Trustee

Our thanks go to both Margaret and Sandie for their service. Mrs Sandra Argall will continue as Stewardship Officer for the time being.

The method of appointment of PCC members and the conduct of meetings of the PCC is set out in the Church Representation rules. All Church attendees are encouraged to register on the Electoral Roll and can stand for election to the PCC.

The PCC is required to meet at least four times in the year, but normally meets about bi-monthly. However, during the pandemic, it has been extremely difficult to have meetings. In 2020 there were four PCC meetings.

In October 2020 Dr Jeremy McCabe intimated his intention resign as Treasurer. He continues to act as bookkeeper but has relinquished his post as Honorary Treasurer.

Deanery Synod Representatives are elected for a three-year term. They were last elected in 2017. We are eligible to elect four representatives and currently have two vacancies.

Objectives and Activities

St Keverne PCC has the responsibility of promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the Parish Church and Church Hall in St Keverne, and St Peter’s Church and Church Hall, Coverack and Church House, Coverack.

The PCC is register with the Charity Commission as a Religious Charity with the following activities: regular public worship open to all, the provision of sacred space for personal prayer and contemplation; pastoral work, visiting the sick and the bereaved; teaching and promotion of Christianity; taking of religious assemblies in schools; the provision of a youth club with a Christian ethos;

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St Keverne Parochial Church Council – Annual Report to December 2020

promotion of the whole mission of the church and supporting other charities in the UK and overseas.

The Church

Membership

At 31st December 2020, there were 91 parishioners on the Electoral Roll. Following the year end the Electoral Roll will be revised prior to the APCM.

The church meets as two principal congregations, at St Keverne and St Peter’s. The worshipping congregations are probably around 70 people in total.

Policies & Compliance

Safeguarding

The PCC has adopted a safeguarding policy in line with that recommended by the Diocese and appointed Mrs Karen Richard as Safeguarding Coordinator. The safeguarding policy can now be found on our Benefice Website,

www.spireandlight.com. The PCC as a whole takes safeguarding seriously, and it is a standard agenda item for all our meetings.

Health & Safety

The PCC is committed to complying with all relevant health & safety requirements. It is acknowledged that ancient buildings cannot be risk free, but we attempt to minimise risks. We record and respond to all adverse incidents. Mr S Buchanan is appointed as Health & Safety Officer.

Disability and Accessibility

The PCC seeks to make the church buildings, our services and activities as accessible to all as possible. We do not have formal wheelchair access to St Keverne, but informal access can usually be arranged, and we continue to investigate how this might be improved. Large Print service sheet are available, and gluten free wafers or bread are available at communion. We are grateful for any advice of particular needs and will always seek to accommodate if possible.

Data (GDPR)

The PCC is committed to complying with the requirements of the General Data Processing Regulations.

Ministries and Activities

St Keverne continues to be a busy parish, with ministries to old and young. Some of these are run directly by the churches and some in partnership with local groups

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St Keverne Parochial Church Council – Annual Report to December 2020

Life Events: Baptisms, Marriages & Funerals

Although church is less central in its communities than in the past, we are still used as a significant resource for celebrating births, marriages and for marking the death of loved ones. Much of this is for local residents, but we also welcome those from further afield who value the church buildings and fellowship.

There was 1 baptism and 1 marriage service, 5 funerals and burials, 3 burial of ashes at St Keverne and 2 burial of ashes at Coverack. There were also 2 services at Treswithian Crematorium.

A number of marriages have been postponed due to the pandemic.

Activities

From the beginning of the Pandemic, the retirement of Revd Peter Sharpe, the commencement of Transition plus the departure of Michael Britton it has not been possible to fully restore these activities. The employment of a full time Youth Minister having ceased in August 2020 and with the pandemic it has not been possible to reinstate activities for children and young people. The Annual Report for 2019 also included details of a number of other activities, but pandemic restrictions have put many activities on hold. Zoom coffee mornings during the autumn were held and were joined by a number of people which helped in maintaining a link with people who were having to stay at home and/or self isolate.

Keeping Going

Alongside the ministries and activities, we are grateful to the small army of volunteers to work to maintain the church buildings and halls. The railings at the east end of St Keverne church have been restored. The guttering and iron work surrounding St Keverne Church has been restored, replaced and repainted, the walls have been repointed, also a special lining has been installed under the guttering to prevent the ingress of water into the Church walls. Much of this is only possible because of the generous legacies we have received.

Contact & Communication

A website for The Benefice of Spire and Light which includes St Keverne and St Peters has been created (www.spireandlight.com ) - the website contains up to date details of services held in all the Benefice Churches each week, and other important information and events, together with contact details. Thank you to Dr Rebecca Greenough for her hard work in creating the website We also maintain pages on the national site ‘A Church Near You’ (www.achurchnearyou.com). Every week an email is sent out attaching a Sheet , containing details of services and events and also a weekly reflection from one of our Retired Clergy or Readings. We also have a Facebook page,

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St Keverne Parochial Church Council – Annual Report to December 2020

Accounts

The accounts for the year ended December 2020 are attached to this report. Our thanks are due to Jeremy McCabe for his work during the year, and to Sandie Argall for her assistance, especially in regard to the administration of the Gift Aid tax reimbursement. Thanks, are also due to Mrs Linda Dunford of Messrs. Kitchen & Brown for the production of the accounts.

The accounts show a significant reduction in income. The lack of Church services . We have received a number of generous legacies, which cover anticipated expenditure on building repairs and maintenance. However, the everyday costs of being church, including especially the payments to the Diocese which cover the provision of licensed ministry, are now significantly underfunded. The transition of the parish, following the retirement of the existing incumbent will need to find a more sustainable balance of income and expenditure. This will be helped, in part, by the end of payments for the Youth Minister, but further reductions in expenditure or increases in income will be required.

The Benefice and the Future

The Church has continued to build relationships between the four principal congregations in the three parishes comprising the Benefice this continues to be the case during the transition.

Much of the normal pattern of worship and ministry has been disrupted by the restrictions imposed on us the Coronavirus Pandemic. However, a lot has been achieved throughout the year and this would not have been possible without the huge amount of help and assistance from Reverend John Ough and Reverend Deirdre Mackrill.

From the beginning of 2021, the Church has been meeting via Zoom on a Sunday morning with Rev John Ough and Rev Deirdre Mackrill leading the services. Our numbers on Zoom topped 80 which was really encouraging for us all. Since the end of lockdown, we have gradually started to have services in Church on a Sunday morning, beginning with just one service at each of the end of the Benefice at St Keverne Church and St Wynwallow at the Lizard. Gradually we are starting to expand and now St Peters and St Ruan are having services on Sunday morning.

We have a strong team of leaders to continue worship and ministry pending the agreement of a new incumbent with the Diocese. However, as with many churches, we are facing a challenging future. Congregations are ageing and reducing. We face the likelihood of further reductions in stipendiary clergy across the Diocese and Deanery and, the costs of maintaining buildings and

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St Keverne Parochial Church Council – Annual Report to December 2020

running services are increasing – as is the necessary administration and governance (e.g. safeguarding) that goes with this.

On the Way and the Future

Throughout 2021 Claire Thomson and Ann Bradbury (Churchwarden at St Wynwallow) have been attending the process of On the Way which is discussing the future of the ministry and churches throughout Kerrier Deanery. There hasn't been a lot to tell as the meetings have mostly been listening to speakers arranged by the Diocese or talking about 'how to get more people in church'. There hasn't been much talk about a new vicar! There was a Focus group which did come up with some ideas of how to share any available ministers across the Deanery. These, along with any notes from the meetings and the surveys have been sent to the Diocese.

One good thing to come out of the meetings however is that we have found out that we do (and have had since last June!) have a Transition Officer - Julian Briscoe. He has been attending the Deanery meetings and seems a very friendly, down to earth and approachable man. He hadn't realised that we didn't know we had an Officer who is the liaison between ourselves and the Diocese and helps us through the process. The reason why Julian hasn’t actually been doing anything directly with us is because of the On The Way process - the two could not work at the same time. We need to see what comes out of On The Way because this will have a direct impact on us any way. Both Ann and Claire believed that this was the case in any event. We believe that the plan is for the outcome of On The Way process to be largely sorted by July (approx) and then things will be taken on from there. We have invited him to come and visit our churches as soon as he is able.

And Finally

Claire would like to thank everyone for all the help and support they have given during this extremely difficult year, as we go towards an APCM in May 2021 we start to look towards a brighter future, when we shall all be able to meet and be together in Church and at home. God has been very good, He has protected and supported us during a year which has had a some very difficult moments. Let us all go forward in love and praise.

For I know the plans I have for you, declares the LORD, plans for welfare and not for evil, to give you a future and a hope.

Approved by the PCC Date Claire Thomson (Churchwarden) Date

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St Keverne Parochial Church Council – Annual Report to December 2020

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PAROCHIAL CHURCH COUNCIL OF ST KEVERNE ST KEVERNE CHURCH & ST PETER'S CHURCH COVERACK FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 202

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE ST KEVERNE CHURCH & ST PETER'S CHURCH COVERACK FOR THE YEAR ENDED 31 DECEMBER 2020 GENERAL INF RMATION The PCC is a charity with registered number 1129138. Incumbent Rev'd Peter Sharpe The Vicarage Lemon Street St Keverne Helston TR12 6NG (Retired 30 June 2020) Bank Lloyds Bank PIC l Market Place Helston TR13 8SU Ind¢ endeni Exarniner Mrs L Dunford Kitchen and Brown 40 Coinagehall Str¢¢t Helston TR13 8EQ

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE ST KEVERNE CHURCH & ST PETER'S CHURCH COVERACK FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 General Fund - Recei ts and Pa ments Account 2020 2019 n¢omi Resources from Donors Planned Giving Gift Aid Recovered Beacon Magazine Unplanned Giving Collections Gift Days and Sundry Donations Collections for Outward Giving 21.418 5.349 22 1.296 2.416 1,203 2,193 30,123 10.096 742 1,448 3,877 3,916 774 33,897 50,976 Activities for Generatin Fund5 Fundraising 639 4,812 Church Activilies Churcli Hall Lettings Fees Solar Panels 1,762 2,467 1,827 2,987 1,982 164 6,056 5,133 Income from Investments other Investment Income Interest Received Wayleaves Church House Rent (net of commission and expenses) 46 376 219 7,828 8,050 4,800 5,227 Other Income Insurance Claim Coronavirus Job Retention Scherne 331 8,676 9,007 TOTAL RECEIPTS £57.649 £66,148 Page I

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE T KEVERNE CHURCH & ST PETER'S CHURCH COVERACK FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 20201Continued eneral Fund - Recei ts and Pa rnenis A¢¢ountrConlinued 2020 2019 menls Mission Givin and Donations Missionary and Charitable Giving 894 1,074 Church Activities Mission and Ministry Fund Locum and Verger Costs Salaries, Wages and Honorari4 including Youth Worker Cosis Heating aiid Lighting Cleaning Insurance Church Repairs and Mainienanc¢ (St Keveme and St Peter'5) Church Hall Repairs and Maintenance (St Keverne and St Peter's) PuKhase of Fixed Assets for Church Pur￿seS Chureh House Repairs and Renewals Cost of Services SKYP Alpha Costs SKY, 19118 Church Hall Running Expenses (St Keveme and St Peter's) Church House Running Expenses Beacon Magazine Church Wardens, Hospitality and Gifts Broadband Costs Fundraising Costs Printin& Poslage and Stationery 7,500 2,114 11,000 15,882 1,612 384 4,630 25,284 3,105 1,266 5,072 867 3,100 140 2,445 7,659 68 510 377 201 4,290 1,490 392 80 1,348 282 72 6.819 406 1,929 363 488 368 48,926 64,444 Church Mana ement and Adminisrralion Accountancy Fees Administration Costs Copi¢r Leasing and Costs 720 587 1,140 1,168 1,718 1,307 4,026 Other Ex enses Leaving Gifts 1,833 TOTAL PA YMENTS £52,960 £69.5M Exeess of Receipts over Payments1(Payments over Receipts) 4,689 (3.396) Balance Brought Forward at l January 2020 Transfer from iPad Fund 6.952 36 Balance Carried Forward at 31 December 2020 £ 8,281 £ 3,556 Page 2

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE FINANCIAL STATEMETr4TS FOR THE YEAR ENDED 31 DECEMBER 20201Continued St Keverne - Bell and Tower Maintenance Fund Recei ts and Pa ment5 Account- Restri¢t¢d Fund 2020 201 Recei ts Donations and Fundraising In￿reSt 84 16 250 30 100 280 Pa ments Repairs and Maintenance Weathervane Repairs 198 2,280 198 2,478 198 Excess of (Payments over Receipt5y Receipts over Payments (2,378) 82 Balance Brought Forward at l January 2020 3,855 3.773 Balance Carried FoTward at 31 De¢¢mb¢r 2020 £1,477 £3.855 Worshi rou Fund Recei tsandPa ments Account- Restri¢ted Fund 2020 2019 Recei ments Excess of Receipts over Paytnents Balance Brought Forward at l January 2020 100 100 Balance Carried Forward at 31 December 2020 £100 £100 ac uis Ward Maintenance of St Keverne Church and Chur¢ A¢count- Restricted Fund nd Recei tsandPa ments 2020 2019 Recei ts Legacy ments Repointing and Guttering Repairs Railings 33,936 33,936 2.810 2,810 Excess of (Payrnents over Receipts) (33,936) {2,810} Balance Brouglit Forward at l January 2020 47,190 50,000 Balance Carried Forward al 3 I D¢c¢mber 2020 £13,254 £47,190 Pag¢ 3

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 20201Continued St Keverne- Music Fund Recei ts and Pa ments c¢ouni- Re tricted Fund 2020 2019 Recei Interest ments Organ Repair 47 Excess of (Payments over Receiptsl (47) Balance Brought Forward at l January 2020 47 47 Balance Carried Fonvard al 31 December 2020 47 St Keverne and Covera¢k Cliur¢h ard Recei ts and Pa ments Account- Restricted Fund 2020 2019 Recei Biirials and Headstones Donations and Grants Interest 4,290 2.977 3,796 2,200 7,267 6,001 Pa ments Grass Cutting and Bins Water Monument 6.733 89 720 6,790 70 7,542 6,860 Excess of (Payments over Re¢eiplS) (275} (859) Balance Brought Fonvard at l Jaiiuary 2020 6,747 7,606 Balance Carried Forward at 31 December 2020 £6,472 £6,747 Page 4

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE FINANCIAL STATEMENTS FOR THE YEAR Ef4DED 31 DECEMBER 20201Continued St Keverne Youn Peo le's Club Re¢ei ts and P& mettts A¢wunt- Restricted Fund 2020 2019 Re¢ei ts Entry Fees Tu¢k Shop 176 98 80 176 178 ments Tuck Sliop Supplies Disco 60 100 160 Excess of Receipts over Payments 176 18 Balance Brought Forward at l January 2020 10,405 10,387 Balan¢e Carried Forward at 31 De¢ember 2020 £10,581 £10,405 Little Fishes Recei ts and Pa ments Account- Restricted Fund 2020 201 Recei Is Donations and Grants Subscriptions Bottles 450 311 16 74 74 777 ments Provisions Party at Roskillys Sundry and Other Expenses Christmas Gifts 44 224 56 108 106 73 117 494 Excess of (Payments over Receiptsy Re¢eipts over Payments (43} 283 Balanee Brought Fonvard at l January 2020 2,465 2,182 Balance Carried Forward at 31 Decetnber 2020 £2,422 £2,465 Page 5

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE FINANCIAL STATEMENfs FOR THE YEAR ENDED 31 DECEMBER 20201Continued Coverack Luncheon Club - Restricted Fund 2020 2019 Recei Is Lunehes Raffles Grants and Don&tions 1,124 276 120 1,224 290 120 1,520 1,634 ments Meal and Food Costs Anniversary Dinn¢r Charithble Giving Cookery Equipment ajid Other Expenses 893 450 290 416 1,010 228 326 2,049 1,564 Excess of (Payments over Re¢eipisy Receipts over Payinents (529) 70 Balance Brought Forward at l January 2020 2,266 2,196 Balance Carried Forward at 31 December 2020 £1,737 £2,266 Secretarial and Administrati n W rker- Restricted Fund 2020 2019 Recei Donation Pa m¢nts Website Cost Photocopier Costs and Leasing 312 1.003 1,003 312 Excess of (Payments over Receipts) (1,003) (312) Balance Brought Forward at l January 2020 1,688 2,000 Balance Carried Forward at 31 Dec¢rnber 2020 £ 685 £1,688 Page 6

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 La Youth Minister Sala Fund- Re Iricted Fund 2020 2019 Recei Donations 500 ments Salary 622 Excess of (Payments over Receipts)I Receipts over Payments (622) 500 Balance Brought Forward at l January 2020 622 122 Balanc¢ Carried Forward at 31 December 2020 £ 622 iPad Fund - Restricted Fund 2020 201 Recei ts Donations ments Exce55 of Receipts over Payments Balance Brought Forward l January 2020 36 36 Transfer lo General Fund {36) Balance Carried Forward al 31 De¢emb¢r 2020 £ 36 Page 7

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020lc0nti￿Ned ac from Mr R Hockin Maintenance and Re air of th¢ Fabri¢ of St Kevern¢ Parish Church - Restricted Fund 2020 2019 Kecei Legacy ments Excess of Receipts over Payments Balance Brought Forward at l January 2020 5,000 5,000 Balance Carried Forward at 31 December 2020 £5,000 £5,000 Mr R Hockin EndowiTJent Fund 2020 2019 Recei ts Interest Pa Tnents Excess of Receipts ov¢r Payment5 Balance Brought Fonvard l January 2020 10,000 10,000 Balance Carried Forward at 31 December 2020 £10.009 £10,000 St Peier's Fund- Restricted Fund 2020 2019 Recei Donations 7,350 Pa ments Exce55 of Receipts over Paym¢nts 7,350 Balance Brought Forward l January 2020 Balance Carried Forward at 31 December 2020 £7,350 Page 8

ITrAROCIIIAL CHURCH COUNCIL OF ST KEVERNE FINANCIAL STATEMEI NTS FOR THE YEIAR ENI)ED 31 DECEMBER 20201Continued Statement of Assets aiid Liabililits at 31 D¢ceinber 2020 Total ReslriLled Eiidowineiil Funds Funds Generdl Fui?d Totals 2020 2019 Moiteltt A.s.iets Barclays Baiik Ac¢ountS Lloyds Bank Accounts HSBC Bank Accounts Natwest Bank Account CBf Deposit FLinds Cash 2.392 30,188 2.392 22.427 2.198 33.134 2,470 2.070 53,387 718 (7,761) 15,842 200 14,731 596 10.009 40.582 796 TOTAL MONETAR Y ASSE"rs £ 8.281 49.078 10,009 67,368 93,977 Dehiors Inconie Tax Refund CCLI - Licences EDF, Fe¢d in Tariif- st Peters Hall EDF (Coverack Cliurcli H&iting and Lighting) EDF (St Peter's Hall Running? Expenses) South West Water- (St PeteT'S 14all Running Expenses) Higliland Payroll Council Tax- Church House Refund BNP Paribas- Photocopier Costs (Secretarial and Administration Worker) 1,332 147 208 33 12 1,3)2 147 208 33 12 531 440 900 168 168 13 86 86 201 201 TA BTORS £ 1,986 201 2,187 1.884 OiherA&sels Dioce5e- P D Williaiiis Dec d Will Trust (Capital) Stock reehold Hous¢- Cl)ui'ch House. Coveraek (al Valiiation for Insuranc¢ Purposes) 2.894 882 2.894 882 2.825 950 200,000 200.￿0 200,000 TOTAL OTFIER ASSEI'S £203.776 203.776 203.775 Page 9

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE FINANCIAL STATEMENTS FOR THE YEAR ENDED31 DECEMBER 20201Continued Statement of Assets and Liabilities ai 31 December 20201Continu¢d Total Restric Funds General Fund Llubiiiile Accountancy Fees South West Water (Church Ha115) Telephone R¢ntal {Daisy) W Flockhart (Boiler Repairs) Scottish Power (Church House Electric) EDF (St Keverne Church H¢ating and Lighting) EDF (St Keverth¢ Chureh Hall Heating and Lighting} H M Revenue & Cusioms PAYE Apogee (Photocopier) BNP ParIb￿ (Photocopier) Comwall Churches Day (Donation) E Hanley (Wine/Mince Pies) S Argall {ChuTch Service Costs) Pension Contributions (M Britton) Children's Society J Clayton (Churchyard) C Thomson {Printer Ink) N Batley {SKYP Alpha Expenses) Scott & Co (Quinquennial Inspection) C Tongue (Cleaning Church Hall) P Kirby (Cleaning St Peter's Church) RGB (Church House Repairs) Travis Perkins {Church House Repair5) Parish Magazine Printing Foot Anstey (D Billingham Estate- Legal Fees) Consols 0115 (Church Heating and Lighting) Consols Oils (Church House Running Expenses} Millerson (Chur¢h House Rent in advance) Rev P Sharpe (Leavers Gift) Harvest with Methodists (Donation) 720 720 36 720 46 80 67 40 51 90 80 67 422 174 174 68 30 23 87 260 505 771 771 160 108 48 393 228 393 228 211 100 297 248 4,609 28 297 248 4,609 28 TOTAL ITIES £7.286 974 8,260 3,019 Approv¢dbyth¢PCCon.................... . and signed on its behalf by: Mr J Mccabe Honord Treasurer Canon D Miller Chairman Page 10

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE ST KEVERNE CHURCH & ST PETER'S CHURCH COVERACK NOTES TO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 ACCOUNTtN POLICIES Th¢ Financial Srdtements of the PCC hav¢ been prepared in accordance with the Church Accounting Regulations 2006 using ihe Receipts and Payments basis. The accounts include monetary transactions, ass¢ts and liabiliti¢s for which th¢ PCC can be held responsible. They do not include the accounts of other church groups that owe an affiliation to another body. nor those thai are informal gatherings of Church tnernbers. Subje¢t to the above. receipts and payments include income a5 received and expenditure when irrevocably paid. FUNDS The General Fund represents the funds of the PCC that are not subject to any special restrictlOll5 regarding their use and are avatlable for application to the general purposes of the PCC. These include funds designated for a particular purpose by the PCC. Restricted Funds are those where the use of the funds is restricted to the purpose indicated by the name of the fund concemed. The PCC has obtained the permi￿lDn of the representative of Mrs J Greenwood. the origirtal donor, to transfer the residual balanc¢ of £36 on the restricted iPad fund to the General Fund. This fund is now Closed. The St Keverne Music Fund and the Lay Youth Minister Salary Fund were fully utilised in the year and are now closed. The Endowmenr Fund relates to a legacy received frotn Mr R Hocking to be retained as a capital fund, the income from which is to be used for the upkeep of Si Keveme Churchyard. The fund is currently held in the CBF Church of England Deposit Fund. STA TEMENT ASSETS AND LIABILITIES Th¢ foll(Iwing assets are recognised bui not valued in the Siaiement of Assets and Liabilities: St Keveme Church Hall and St Peier's Hall, Coverack. Movable Chuich furnishings held by the Churchwardens on special tTU5t for the PCC and which Tequire a faculty for disposal. The following assets are recognis¢d and k monetary value given as part of the description in the Ststement of Asset5 and Liabiliiies.. Closing bank balances. Amounts owing from H M Revenue and Customs. Any other arnounts owing to the PCC. Investsnents held beneficially by the PCC. The following liabilities are Tecognised in the Statement of Assets and Liabilities.. Creditors for donations and grants payable io charities at 31 December. Any other amounts owing by the PCC. TRANSACTIONS WITH MEMBERS OF THE PCC There were no transactions behveen the PCC and its members during the year. Page 12

PAROCHIAL CFIURCH COUNCIL OF ST KEVERNE ST KEVERNE CHURCH & ST PETER'S CHURCH COVERACK NOTES TO THE FINANCIAL STATEMENTS POR THE YEAR ENDED 31 DECEMBER 20201ContiNued TRANSFERS BETWEEN F The PCC has approved transfers from the General Fund to cover any deficits arising on the Restricted Funds. FINANCIAL COMMITMENTS The PCC'S principle of donating a percentage of the annual general Church income in 5UPPOrt of missionary work and other charities, is actively being considered and a decision for 2021 is to be confirnied as to who and how much. The PCC has an annual ¢ommitm¢nt of £697 in¢luding VAT in respect of a photocopier lease agreement entered into on 14 June 2019 for a ￿ritsd of five years. DIOCESAN MI N AND MtNISTRY FUND The accounts include payments during the year to the Diocese of Truro of £7,500 in respect of Èts request for a contribution from the PCC towards ihe Diocesan Mission and Ministry Fund (MMFI, previously known as 'Common Fund, or'Pari5h SharelQuota'. The amount paid was les5 than the ttstal MMF of £268236 (including £215.151 brought forward from previous years) requested by the Dio¢ese. However, the shortfall in payment {including the shortfall in payment for previous years), is only to be treated as a liability the accounts of the PCC where. and to the extent that. the PCC has indicated to the Diocesan Board of Finance its intention to pay and make good all or part of such shortfall. Notwirhsianding the PCCS desire to pay as much as possible of the MMF Tequested by the Diocese in future years, the PCC has not indicated to the Diocese a specific intention to pay any of ihe existing shortfall. Accordingly. no liability to the diocese in respect of any shortfall in the paym¢nt of MMF is shown in these accounts. BE UEST FROM THE LATE MRS DOR THY BILLtNGHAM The PCC received no furth¢r interim payments during the year but is due to receive a further. unquaniified, sum in due course. The bequest carries no restriction5 a5 to its use. STATUS OF THE PCC Th¢ PCC is registered with the Charity Commission (registered number 1129138). Page 13

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE ST KEVERNE CHURCH & ST PETER'S CHURCH COVERACK FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 202

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE ST KEVERNE CHURCH & ST PETER'S CHURCH COVERACK FOR THE YEAR ENDED 31 DECEMBER 2020 GENERAL INF RMATION The PCC is a charity with registered number 1129138. Incumbent Rev'd Peter Sharpe The Vicarage Lemon Street St Keverne Helston TR12 6NG (Retired 30 June 2020) Bank Lloyds Bank PIC l Market Place Helston TR13 8SU Ind¢ endeni Exarniner Mrs L Dunford Kitchen and Brown 40 Coinagehall Str¢¢t Helston TR13 8EQ

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE ST KEVERNE CHURCH & ST PETER'S CHURCH COVERACK FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 General Fund - Recei ts and Pa ments Account 2020 2019 n¢omi Resources from Donors Planned Giving Gift Aid Recovered Beacon Magazine Unplanned Giving Collections Gift Days and Sundry Donations Collections for Outward Giving 21.418 5.349 22 1.296 2.416 1,203 2,193 30,123 10.096 742 1,448 3,877 3,916 774 33,897 50,976 Activities for Generatin Fund5 Fundraising 639 4,812 Church Activilies Churcli Hall Lettings Fees Solar Panels 1,762 2,467 1,827 2,987 1,982 164 6,056 5,133 Income from Investments other Investment Income Interest Received Wayleaves Church House Rent (net of commission and expenses) 46 376 219 7,828 8,050 4,800 5,227 Other Income Insurance Claim Coronavirus Job Retention Scherne 331 8,676 9,007 TOTAL RECEIPTS £57.649 £66,148 Page I

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE T KEVERNE CHURCH & ST PETER'S CHURCH COVERACK FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 20201Continued eneral Fund - Recei ts and Pa rnenis A¢¢ountrConlinued 2020 2019 menls Mission Givin and Donations Missionary and Charitable Giving 894 1,074 Church Activities Mission and Ministry Fund Locum and Verger Costs Salaries, Wages and Honorari4 including Youth Worker Cosis Heating aiid Lighting Cleaning Insurance Church Repairs and Mainienanc¢ (St Keveme and St Peter'5) Church Hall Repairs and Maintenance (St Keverne and St Peter's) PuKhase of Fixed Assets for Church Pur￿seS Chureh House Repairs and Renewals Cost of Services SKYP Alpha Costs SKY, 19118 Church Hall Running Expenses (St Keveme and St Peter's) Church House Running Expenses Beacon Magazine Church Wardens, Hospitality and Gifts Broadband Costs Fundraising Costs Printin& Poslage and Stationery 7,500 2,114 11,000 15,882 1,612 384 4,630 25,284 3,105 1,266 5,072 867 3,100 140 2,445 7,659 68 510 377 201 4,290 1,490 392 80 1,348 282 72 6.819 406 1,929 363 488 368 48,926 64,444 Church Mana ement and Adminisrralion Accountancy Fees Administration Costs Copi¢r Leasing and Costs 720 587 1,140 1,168 1,718 1,307 4,026 Other Ex enses Leaving Gifts 1,833 TOTAL PA YMENTS £52,960 £69.5M Exeess of Receipts over Payments1(Payments over Receipts) 4,689 (3.396) Balance Brought Forward at l January 2020 Transfer from iPad Fund 6.952 36 Balance Carried Forward at 31 December 2020 £ 8,281 £ 3,556 Page 2

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE FINANCIAL STATEMETr4TS FOR THE YEAR ENDED 31 DECEMBER 20201Continued St Keverne - Bell and Tower Maintenance Fund Recei ts and Pa ment5 Account- Restri¢t¢d Fund 2020 201 Recei ts Donations and Fundraising In￿reSt 84 16 250 30 100 280 Pa ments Repairs and Maintenance Weathervane Repairs 198 2,280 198 2,478 198 Excess of (Payments over Receipt5y Receipts over Payments (2,378) 82 Balance Brought Forward at l January 2020 3,855 3.773 Balance Carried FoTward at 31 De¢¢mb¢r 2020 £1,477 £3.855 Worshi rou Fund Recei tsandPa ments Account- Restri¢ted Fund 2020 2019 Recei ments Excess of Receipts over Paytnents Balance Brought Forward at l January 2020 100 100 Balance Carried Forward at 31 December 2020 £100 £100 ac uis Ward Maintenance of St Keverne Church and Chur¢ A¢count- Restricted Fund nd Recei tsandPa ments 2020 2019 Recei ts Legacy ments Repointing and Guttering Repairs Railings 33,936 33,936 2.810 2,810 Excess of (Payrnents over Receipts) (33,936) {2,810} Balance Brouglit Forward at l January 2020 47,190 50,000 Balance Carried Forward al 3 I D¢c¢mber 2020 £13,254 £47,190 Pag¢ 3

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 20201Continued St Keverne- Music Fund Recei ts and Pa ments c¢ouni- Re tricted Fund 2020 2019 Recei Interest ments Organ Repair 47 Excess of (Payments over Receiptsl (47) Balance Brought Forward at l January 2020 47 47 Balance Carried Fonvard al 31 December 2020 47 St Keverne and Covera¢k Cliur¢h ard Recei ts and Pa ments Account- Restricted Fund 2020 2019 Recei Biirials and Headstones Donations and Grants Interest 4,290 2.977 3,796 2,200 7,267 6,001 Pa ments Grass Cutting and Bins Water Monument 6.733 89 720 6,790 70 7,542 6,860 Excess of (Payments over Re¢eiplS) (275} (859) Balance Brought Fonvard at l Jaiiuary 2020 6,747 7,606 Balance Carried Forward at 31 December 2020 £6,472 £6,747 Page 4

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE FINANCIAL STATEMENTS FOR THE YEAR Ef4DED 31 DECEMBER 20201Continued St Keverne Youn Peo le's Club Re¢ei ts and P& mettts A¢wunt- Restricted Fund 2020 2019 Re¢ei ts Entry Fees Tu¢k Shop 176 98 80 176 178 ments Tuck Sliop Supplies Disco 60 100 160 Excess of Receipts over Payments 176 18 Balance Brought Forward at l January 2020 10,405 10,387 Balan¢e Carried Forward at 31 De¢ember 2020 £10,581 £10,405 Little Fishes Recei ts and Pa ments Account- Restricted Fund 2020 201 Recei Is Donations and Grants Subscriptions Bottles 450 311 16 74 74 777 ments Provisions Party at Roskillys Sundry and Other Expenses Christmas Gifts 44 224 56 108 106 73 117 494 Excess of (Payments over Receiptsy Re¢eipts over Payments (43} 283 Balanee Brought Fonvard at l January 2020 2,465 2,182 Balance Carried Forward at 31 Decetnber 2020 £2,422 £2,465 Page 5

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE FINANCIAL STATEMENfs FOR THE YEAR ENDED 31 DECEMBER 20201Continued Coverack Luncheon Club - Restricted Fund 2020 2019 Recei Is Lunehes Raffles Grants and Don&tions 1,124 276 120 1,224 290 120 1,520 1,634 ments Meal and Food Costs Anniversary Dinn¢r Charithble Giving Cookery Equipment ajid Other Expenses 893 450 290 416 1,010 228 326 2,049 1,564 Excess of (Payments over Re¢eipisy Receipts over Payinents (529) 70 Balance Brought Forward at l January 2020 2,266 2,196 Balance Carried Forward at 31 December 2020 £1,737 £2,266 Secretarial and Administrati n W rker- Restricted Fund 2020 2019 Recei Donation Pa m¢nts Website Cost Photocopier Costs and Leasing 312 1.003 1,003 312 Excess of (Payments over Receipts) (1,003) (312) Balance Brought Forward at l January 2020 1,688 2,000 Balance Carried Forward at 31 Dec¢rnber 2020 £ 685 £1,688 Page 6

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 La Youth Minister Sala Fund- Re Iricted Fund 2020 2019 Recei Donations 500 ments Salary 622 Excess of (Payments over Receipts)I Receipts over Payments (622) 500 Balance Brought Forward at l January 2020 622 122 Balanc¢ Carried Forward at 31 December 2020 £ 622 iPad Fund - Restricted Fund 2020 201 Recei ts Donations ments Exce55 of Receipts over Payments Balance Brought Forward l January 2020 36 36 Transfer lo General Fund {36) Balance Carried Forward al 31 De¢emb¢r 2020 £ 36 Page 7

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020lc0nti￿Ned ac from Mr R Hockin Maintenance and Re air of th¢ Fabri¢ of St Kevern¢ Parish Church - Restricted Fund 2020 2019 Kecei Legacy ments Excess of Receipts over Payments Balance Brought Forward at l January 2020 5,000 5,000 Balance Carried Forward at 31 December 2020 £5,000 £5,000 Mr R Hockin EndowiTJent Fund 2020 2019 Recei ts Interest Pa Tnents Excess of Receipts ov¢r Payment5 Balance Brought Fonvard l January 2020 10,000 10,000 Balance Carried Forward at 31 December 2020 £10.009 £10,000 St Peier's Fund- Restricted Fund 2020 2019 Recei Donations 7,350 Pa ments Exce55 of Receipts over Paym¢nts 7,350 Balance Brought Forward l January 2020 Balance Carried Forward at 31 December 2020 £7,350 Page 8

ITrAROCIIIAL CHURCH COUNCIL OF ST KEVERNE FINANCIAL STATEMEI NTS FOR THE YEIAR ENI)ED 31 DECEMBER 20201Continued Statement of Assets aiid Liabililits at 31 D¢ceinber 2020 Total ReslriLled Eiidowineiil Funds Funds Generdl Fui?d Totals 2020 2019 Moiteltt A.s.iets Barclays Baiik Ac¢ountS Lloyds Bank Accounts HSBC Bank Accounts Natwest Bank Account CBf Deposit FLinds Cash 2.392 30,188 2.392 22.427 2.198 33.134 2,470 2.070 53,387 718 (7,761) 15,842 200 14,731 596 10.009 40.582 796 TOTAL MONETAR Y ASSE"rs £ 8.281 49.078 10,009 67,368 93,977 Dehiors Inconie Tax Refund CCLI - Licences EDF, Fe¢d in Tariif- st Peters Hall EDF (Coverack Cliurcli H&iting and Lighting) EDF (St Peter's Hall Running? Expenses) South West Water- (St PeteT'S 14all Running Expenses) Higliland Payroll Council Tax- Church House Refund BNP Paribas- Photocopier Costs (Secretarial and Administration Worker) 1,332 147 208 33 12 1,3)2 147 208 33 12 531 440 900 168 168 13 86 86 201 201 TA BTORS £ 1,986 201 2,187 1.884 OiherA&sels Dioce5e- P D Williaiiis Dec d Will Trust (Capital) Stock reehold Hous¢- Cl)ui'ch House. Coveraek (al Valiiation for Insuranc¢ Purposes) 2.894 882 2.894 882 2.825 950 200,000 200.￿0 200,000 TOTAL OTFIER ASSEI'S £203.776 203.776 203.775 Page 9

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE FINANCIAL STATEMENTS FOR THE YEAR ENDED31 DECEMBER 20201Continued Statement of Assets and Liabilities ai 31 December 20201Continu¢d Total Restric Funds General Fund Llubiiiile Accountancy Fees South West Water (Church Ha115) Telephone R¢ntal {Daisy) W Flockhart (Boiler Repairs) Scottish Power (Church House Electric) EDF (St Keverne Church H¢ating and Lighting) EDF (St Keverth¢ Chureh Hall Heating and Lighting} H M Revenue & Cusioms PAYE Apogee (Photocopier) BNP ParIb￿ (Photocopier) Comwall Churches Day (Donation) E Hanley (Wine/Mince Pies) S Argall {ChuTch Service Costs) Pension Contributions (M Britton) Children's Society J Clayton (Churchyard) C Thomson {Printer Ink) N Batley {SKYP Alpha Expenses) Scott & Co (Quinquennial Inspection) C Tongue (Cleaning Church Hall) P Kirby (Cleaning St Peter's Church) RGB (Church House Repairs) Travis Perkins {Church House Repair5) Parish Magazine Printing Foot Anstey (D Billingham Estate- Legal Fees) Consols 0115 (Church Heating and Lighting) Consols Oils (Church House Running Expenses} Millerson (Chur¢h House Rent in advance) Rev P Sharpe (Leavers Gift) Harvest with Methodists (Donation) 720 720 36 720 46 80 67 40 51 90 80 67 422 174 174 68 30 23 87 260 505 771 771 160 108 48 393 228 393 228 211 100 297 248 4,609 28 297 248 4,609 28 TOTAL ITIES £7.286 974 8,260 3,019 Approv¢dbyth¢PCCon.................... . and signed on its behalf by: Mr J Mccabe Honord Treasurer Canon D Miller Chairman Page 10

PAROCHIAL CHURCH COUNCIL OF ST KEVERNE ST KEVERNE CHURCH & ST PETER'S CHURCH COVERACK NOTES TO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 ACCOUNTtN POLICIES Th¢ Financial Srdtements of the PCC hav¢ been prepared in accordance with the Church Accounting Regulations 2006 using ihe Receipts and Payments basis. The accounts include monetary transactions, ass¢ts and liabiliti¢s for which th¢ PCC can be held responsible. They do not include the accounts of other church groups that owe an affiliation to another body. nor those thai are informal gatherings of Church tnernbers. Subje¢t to the above. receipts and payments include income a5 received and expenditure when irrevocably paid. FUNDS The General Fund represents the funds of the PCC that are not subject to any special restrictlOll5 regarding their use and are avatlable for application to the general purposes of the PCC. These include funds designated for a particular purpose by the PCC. Restricted Funds are those where the use of the funds is restricted to the purpose indicated by the name of the fund concemed. The PCC has obtained the permi￿lDn of the representative of Mrs J Greenwood. the origirtal donor, to transfer the residual balanc¢ of £36 on the restricted iPad fund to the General Fund. This fund is now Closed. The St Keverne Music Fund and the Lay Youth Minister Salary Fund were fully utilised in the year and are now closed. The Endowmenr Fund relates to a legacy received frotn Mr R Hocking to be retained as a capital fund, the income from which is to be used for the upkeep of Si Keveme Churchyard. The fund is currently held in the CBF Church of England Deposit Fund. STA TEMENT ASSETS AND LIABILITIES Th¢ foll(Iwing assets are recognised bui not valued in the Siaiement of Assets and Liabilities: St Keveme Church Hall and St Peier's Hall, Coverack. Movable Chuich furnishings held by the Churchwardens on special tTU5t for the PCC and which Tequire a faculty for disposal. The following assets are recognis¢d and k monetary value given as part of the description in the Ststement of Asset5 and Liabiliiies.. Closing bank balances. Amounts owing from H M Revenue and Customs. Any other arnounts owing to the PCC. Investsnents held beneficially by the PCC. The following liabilities are Tecognised in the Statement of Assets and Liabilities.. Creditors for donations and grants payable io charities at 31 December. Any other amounts owing by the PCC. TRANSACTIONS WITH MEMBERS OF THE PCC There were no transactions behveen the PCC and its members during the year. Page 12

PAROCHIAL CFIURCH COUNCIL OF ST KEVERNE ST KEVERNE CHURCH & ST PETER'S CHURCH COVERACK NOTES TO THE FINANCIAL STATEMENTS POR THE YEAR ENDED 31 DECEMBER 20201ContiNued TRANSFERS BETWEEN F The PCC has approved transfers from the General Fund to cover any deficits arising on the Restricted Funds. FINANCIAL COMMITMENTS The PCC'S principle of donating a percentage of the annual general Church income in 5UPPOrt of missionary work and other charities, is actively being considered and a decision for 2021 is to be confirnied as to who and how much. The PCC has an annual ¢ommitm¢nt of £697 in¢luding VAT in respect of a photocopier lease agreement entered into on 14 June 2019 for a ￿ritsd of five years. DIOCESAN MI N AND MtNISTRY FUND The accounts include payments during the year to the Diocese of Truro of £7,500 in respect of Èts request for a contribution from the PCC towards ihe Diocesan Mission and Ministry Fund (MMFI, previously known as 'Common Fund, or'Pari5h SharelQuota'. The amount paid was les5 than the ttstal MMF of £268236 (including £215.151 brought forward from previous years) requested by the Dio¢ese. However, the shortfall in payment {including the shortfall in payment for previous years), is only to be treated as a liability the accounts of the PCC where. and to the extent that. the PCC has indicated to the Diocesan Board of Finance its intention to pay and make good all or part of such shortfall. Notwirhsianding the PCCS desire to pay as much as possible of the MMF Tequested by the Diocese in future years, the PCC has not indicated to the Diocese a specific intention to pay any of ihe existing shortfall. Accordingly. no liability to the diocese in respect of any shortfall in the paym¢nt of MMF is shown in these accounts. BE UEST FROM THE LATE MRS DOR THY BILLtNGHAM The PCC received no furth¢r interim payments during the year but is due to receive a further. unquaniified, sum in due course. The bequest carries no restriction5 a5 to its use. STATUS OF THE PCC Th¢ PCC is registered with the Charity Commission (registered number 1129138). Page 13