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2020-12-31-accounts

Annual Report and Financial Statements of the Parochial Church Council of The Parish of Central Wolverhampton

For the year ended 31[st] December 2020 Registered Charity Number: 1130297

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The Parochial Church Council of The Parish of Central Wolverhampton Trustees’ Annual Report for the year ended 31[st] December 2020

Charity registration number: 1130297

Objectives and Activities

The Parochial Church Council of The Parish of Central Wolverhampton (the PCC) has the responsibility of co-operating with the incumbent, the Reverend Prebendary David Wright, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical, social and ecumenical. The PCC is also spiritually responsible for the maintenance of the church

The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at Central Wolverhampton. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer, scripture, music and sacrament. Also, through non sacramental activities of hospitality and fellowship we aim to reach non churched members of the community.

Public Benefit

The trustees of the Charity are aware of the Charity Commission’s guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of Central Wolverhampton, it helps to promote the whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by:

• Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers; and

• Promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole.

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Achievements and Performance

TEAM RECTOR’S REPORT

Whatever words one might choose to make the point, it is fair to say that 2020 has been a year like no other in living memory. Having started in an unremarkable way, little different from any other year, it went on to develop in an entirely unexpected and alarming way. From the early mentions of what we now know as Covid-19, we have experienced lockdowns, restrictions and so many other effects of a worldwide pandemic.

Throughout the year, as the rules have changed and the advice has evolved, we have been forced to discover and develop new ways of being Church. When our buildings have had to close their doors, we have rapidly developed our online presence. When our congregants and parishioners have had to stay at home, we have adapted and found new ways of keeping in touch with one another. As people in our communities, so often those who are most vulnerable, have found themselves to be in great need, we have worked creatively with others of all faiths and none, people of goodwill, to meet their needs as best we can. When our worship together has involved physical distancing, mask wearing and constant sanitising, we have not allowed this to come between us and our shared fellowship with God in word and sacrament. When our meetings and time together have had to be remote, we have discovered and embraced online platforms like Zoom and Microsoft Teams – platforms of which I, for one, was completely ignorant at the beginning of the year!

In so many ways this year, often ways that have been new to us or to which we had given little attention to in the past, we have continued to do that which is at the heart of our calling to be the people of God in this place. We have continued to love and serve God. We have continued to love and serve our neighbours. We have continued to share the good news of the Gospel. We have been challenged by difficult and painful circumstances to renew, restate and rely on our need of God’s endless love and grace.

How these things have worked out has varied to some extent across our churches, as might be expected given their different settings and circumstances, but a number of common themes have emerged. Each of our churches will report with a local focus on how its mission and ministry has been sustained and adapted this year, but all of us have continued to strive to fulfil God’s calling to us as his people.

Whilst familiar timetables and structures have been victims of the pandemic, things have still happened. It may have been later in the year than usual, but ordination services still took place and we were delighted to see Helen Babiy and Valerie Fairclough ordained to the priesthood and diaconate respectively, both with their primary ministerial focus at St. Chad and Mark, and also to have Graham Wigley, a former member of St. Peter’s congregation, made deacon to serve in the parish of Shenstone and Stonnall. Some weddings, baptisms and confirmations have still occurred when this has been possible and, sadly, there has been an increased number of funerals for us to conduct during the year. Into each situation of joy, thanksgiving and grief, we have been able to bring the love of God and the Church’s pastoral ministry.

As the year ends, whilst we are by no means out of the difficulties and trials of this pandemic, we do see light ahead in the national rollout of the vaccines. Throughout the year, even in its darkest moments, we have constantly looked to the light of Christ to guide and sustain us as we have journeyed on. It is to that light we still look as we move forward in fellowship and faith.

David Wright .

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PCC Secretary’s Report 2020

At the start of the year, there were 5 meetings planned for both the PCC and the Standing and Finance Committees. As it turned out, the PCC met only once in person, this being in January, with all other business being conducted via email or, as was the case in November, virtually on a Zoom meeting. In October we were able to hold a socially distanced APCM.

As all churches had to close their doors from March to June, services moved online and we kept in touch with committees and our congregations via email, telephone calls and social media.

Unfortunately, a lack of people coming to church meant that monetary donations fell, but thanks are due to Kim Benton, the Parish Treasurer, who continued to work hard so that bills, including the Parish Share, were paid. She arranged for treasurers to be able to view their accounts online and, when meetings were held, provided the figures and a report for discussion.

Safeguarding, which is a standing agenda item for the PCC, continued to be of importance in our work and Kim Benton made sure that all relevant DBS checks were undertaken and that any concerns reported were followed up. Individual church’s safeguarding officers continue to be kept up to date with the latest information.

Updates from the churches of the Central Parish were mainly concerned this year with information on how they were keeping in touch with members of their congregation and the wider community and how worship was being maintained. It was heartening to see how quickly we all adapted to using social media and other means of communication to continue our work of spreading the Gospel.

In September, the PCC took the difficult decision to make redundant the post of Parish Administrator.

As secretary, this year has been different in that very little of our business has been carried out in the usual way but, as always, I would like to offer thanks to all those who serve on the PCC and my gratitude for the support that I have received.

Deborah Castle

REPORT ON SAFEGUARDING & CHILD PROTECTION 2020

2020 has seen the continuation of practical use of the DBS [Disclosure and Barring Service] and we only now check specific categories. With this in mind we have stressed on many occasions that all volunteers and staff be vigilant and communicate anything they feel is not quite right.

2020 we ensured that all Trustees had an up to date DBS check. In recent weeks have agreed that if a new member joining the PCC are willing but not able to obtain a DBS check because of identification then they will be allowed to serve on the PCC. This will be decided on a case by case basis in the future. Those that are able or not willing to obtain a DBS will be removed from the PCC as a Trustee. We have now continued to encourage all Trustees to complete the online training of basic C0 and higher C1. In 2021 we will again be identifying those who have not, and they will be reported to the Trustees of the PCC. We have identified those who need to complete either C2 or C3 but because of the circumstances in 2020 no face to face training sessions have been organised. We now have a full list of volunteers and certificates are sent to me so that I can update training undertaken. In 2020 DBS applicants continued to complete applications on line and I continue as the Deanery verifier. It has meant that the process is a lot more efficient.

The Safeguarding committee have produced a Flow chart of the processes to follow should there be a need to report an incident. Along with a Pro-forma to complete these are held in each Church. It has been reiterated the need to send details of any incidents to me as the Safeguarding Co-ordinator. Failure to do this will be reported to the Trustees of the PCC as a Breach of the procedures we have in place.

The Safeguarding committee have not met in 2020 but have been in close contact via e-mail and phone to ensure standards do not drop. Helen Babiy has taken over as Safeguarding office for St Chad & St Mark and unfortunately we still do not have a name for All Saints. Once we have someone elected for All Saints I will contact them and ensure they are aware of the procedures. The PCC will meet to accept the Procedures we have in place.

It is imperative now that we are all vigilant.

I would like to thank the District Safeguarding Officers for their hard work and determination to ensure that our procedures are not only robust but used practically and also for ensuring that all renewal DBS checks are carried out.

Kim Benton

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St Peter’s Collegiate Church Churchwardens’ Report 2020

Whilst undoubtedly having its challenges, 2020 has, in many ways, been a year of blessings and things for which we should be thankful. Times of adversity bring out the best in many people; we have had to adapt our way of working to spread the Gospel, we have probably learnt to be less wasteful of our resources and our time and we have been blessed with new volunteers, who came forward to ensure that the work of St Peter’s continued through good times and not so good times.

In February, the St Peter’s Management Group meeting had a full agenda of things that were going to happen: choir tours, the unveiling of a Blue Plaque, the installation of a Moon Floor in the chancel, plans for Lent and Easter and a Christmas Tree Festival. Well, at least we got the Moon Floor! The point is that we are an active church and we haven’t let things come to a stop, even if our plans have had to change.

Following the order to close St Peter’s we worked with the Rector and Abbie, our curate, to find a way to keep worship alive. Like many others up and down the country, we quickly learned how we could use social media to communicate with others and for those who weren’t able to use digital media, we arranged a network of volunteers to deliver weekly service sheets or to contact people by ‘phone. Our thanks go to Di Polowyj for the work she did in coordinating this contact network. Thanks also to Amy Bertaut, who has kept Pebbles going throughout the year on Zoom.

Lent and Easter came and went without services being held in church but in June, once we were again allowed back into the church building, we were mindful that many of our regular volunteers might not feel safe being ‘on the front line’ and a plea went out for new volunteers. Within a few days people had come forward and we were able to keep St Peter’s open for private prayer 5 days a week. Thank you to all of our ‘new’ volunteers as well as to those who have returned.

In August, Hamish Dustagheer, the Director of Music resigned. Choir tours had already been cancelled, but we hoped to be able to have the choirs back once the Church of England had decided that it was safe to do so. Fortunately Callum Alger, our previous Acting Director of Music, was available and agreed to take over as Interim Director of Music, for which we are very grateful.

Also at the August Virtual Meeting of the St Peter’s Management Group, we were informed that Dean Tonks had decided, due to pressures of work, to stand down as Treasurer. We are very grateful for all that Dean has done over many years as our treasurer and must now look to finding someone new to oversee the strategic planning of our finances.

In September, the PCC decided to make redundant the post of Parish Administrator. This was a very difficult decision to take and we thank Steve Swinden for the work that he did, not just for St Peter’s, but for the whole of the Central Parish.

And then it was Christmas. There was no Christmas Tree Festival, but we did 2 of everything else and had many socially distanced Christmas services. Our thanks go to Rev Abbie Walsh and everyone else who came up with ideas for a Virtual Christmas Fair. At the time of writing, we are looking forward to the online Auction, for which our thanks go to Jonathan and Lindsay White, and income for the Virtual Fair is continuing to rise.

There are many things that didn’t happen in 2020: organ recitals on the new organ, the unveiling of the Blue Plaque, Lent Study Groups, meetings and Place of Welcome to name a few, but there were many great things that did happen to keep St Peter’s a place of discipleship and welcome to the people of Wolverhampton.

Finally, we would like to acknowledge the work done by our clergy this year. They have kept us all going with their offerings of worship, their prayers and their humour. Thank you.

Sue Bowden & Deborah Castle

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St Peters House Report 2020

We re-opened on 2[nd] January 2020 after the Christmas break full of enthusiasm for a prosperous year. Little did we know what lay ahead and the dramatic changes and challenges we were all about to face.

In March after only 2.5 months of trade the whole country went into lockdown due to coronavirus. We strived to look at ways and systems we could put in place to enable us to re-open after restrictions were lifted keeping everyone safe. After much work, expense and consultation with the Environmental Health Officer we were able to re-open to the public on 2[nd] September for 4 days a week. Opening for just 4 days was as a result of the fact many of our volunteers felt they were unable to return for a number of reasons. Our thanks to them all for their long years of service. Some still hope to return when they are vaccinated and restrictions allow.

Joyce also decided wisely not to return until a vaccine became available; however, we are pleased to say that she has continued to work hard from the safety of her own home in an administrative capacity for us.

Luckily we were able to recruit some new volunteers when we re-opened. Huge thanks to them in our short re-opening. It was so good to welcome some of our regular customers again, even if it was only short lived.

Sadly we lost one of our longstanding volunteers during 2020, Margaret Lund, after a long illness. We also lost our flat tenant during lockdown, after a short illness. Our thoughts and prayers are with their families.

In September we welcomed a new tenant for our flat Callum Alger, St Peters Interim Director of Music. Maintenance, repairs and upgrading are in progress when lockdown restrictions allow.

We are all confident with God at our side we will open and thrive once again in 2021, so look forward to resuming the service and sanctuary we have always provided.

As with all the hospitality sector of our society, the impact on St Peter’s House has been immense. We were only able to trade for approximately 4.5 months in 2020 which is reflected in the drop in our income to £8,785.91, compared to £31,682.70 in 2019. Obviously our expenditure has increased, £ compared to 2019 £

The future of course looks tenuous but we will persevere.

Once again thanks to everyone who has supported us in so many ways.

Sue Bowden & Joyce Lewis

St John’s in the Square Report 2020

This has been a strange year for us here at St John’s with the onset of the pandemic earlier in the year.

We were in the process of finalising our plans for the construction of the narthex at the West End of the church but this has had to be put on hold. We have carried out a number of minor repairs following a visit from Ecclesiastical Insurance; most of which have been taken care of by Desmond our new Gardener who has made an excellent job of cleaning the paths surrounding the Church.

Our music Life has suffered through cancellations due to the pandemic our Christmas Concerts have bee greatly missed but we have had renewed bookings for 2021 and hope that these will be able to take place.

The Church clock is again proving to be a problem and Smiths of Derby are asking £1,500 for its repair. We are waiting to hear from Wolverhampton City Council to see if they wish to contribute to this.

The ashes of Phyllis and Michael Coen have been interred in the Churchyard near the Rose Garden. They left a bequest to St John’s which is to be used to plant a new memorial garden on the North side of the Church.

Rev Amanda Pike has looked after us here at St John’s and we are most grateful to her for all her help. Our thanks also go to Rev Graham Bennett for the help he provides with getting ready for our services and also for taking the service when Amanda is away. As always our thanks go to the Rector Rev Preb David Wright who comes to see us on a regular basis both Sundays and Wednesdays.

We hope and pray that things will soon be back to normal and we shall be able to be back to our regular pattern of services and making our plans for the future of St John’s.

John Evans – Church Warden

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St Chad & St Mark Report 2020

Building and roof work – responses to the 2017 QIR

The Quinquennial Inspection Report (QIR) issued in 2017 following the inspection of the Church building requires the Church Wardens to oversee the maintenance of the building and to action any remedial work that the inspectors identified. This is one of the Wardens’ major responsibilities.

Action 1- Roof repairs .

Work completed in January 2019 on the part of the roof where it seemed damp was coming in appeared to be drying out satisfactorily.

2020 update . The DCC appointed Oliver Architects (August 2020) to assess if further work was still required to address the damp issue before proceeding with replastering.

Action 3 & 4 – Replastering and painting

2019 . Quotes for replastering will be obtained in 2020 and following a satisfactory inspection of the walls, work will be carried out as soon as possible thereafter.

2020 update . Quotes were obtained for replastering and repainting. Funding is being sought for this work and it is hoped that this might result in the work being started between April and June 2021.

Other Quinquennial Items Completed in 2020

Refix loose tiles to nave floor and narthex. Still some minor work to do.

Repair cracks in plaster to choir vestry, clergy vestry, kitchen and toilet. Completed January 2020. Still outstanding 2021. Clergy vestry minor replastering repairs.

Other QI Actions to be completed in 2021.

  1. Clean out all rainwater goods, outlets and downpipes. Regular inspection every 4 months. [The pandemic effectively halted any action on this in 2020.]

  2. Repaint nosing to front entrance steps.

  3. [The pandemic effectively halted any action on this in 2020.]

  4. Rectify ventilation to boiler room in connection with gas safety inspection. Awaiting response from City of Wolverhampton Council (CWC) who share the boiler room. [January 2020.]

  5. [The Council has not responded to this to date – December 2020.]

  6. Carry out an Access Audit.

  7. [The pandemic effectively halted any action on this in 2020.]

  8. Minor repointing to brickwork to South aisle wall and buttresses, East gable of North aisle and South East chancel buttress. Tenders required from contractors.

  9. [Not completed in 2020. Actioned for 2021.]

  10. Internal redecorations. This to be tied with the major replastering work – around April-June 2021.

If circumstances allow, it is intended that the outstanding actions will be completed in 2021.

QI Actions to be regularly reviewed at the DCC Standing Committee. A template of the required actions is available to monitor progress and agree actions.

Community Centre Building

Damage to stonework identified around stain-glass windows. City of Wolverhampton Council (CWC) informed January 2020. Awaiting response and inspection.

Activities & Projects

The pandemic put a stop to pretty much all the projects and activities from the 23[rd] March 2020. Normal services had to be reorganised and the Ministry Team have done a wonderful job keeping the diverse congregation together.

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Ministry/Church Events

Church Maintenance

The Little Eden Garden project has been affected by COVID 19 restrictions for most of the year but a small group continue to meet - socially distanced and in the open air every Friday morning in the community garden with Annie Heppenstall, the Garden chaplain.

A leaking water pipe on the pathway from the double gates on Lime Street to the rear access to the church by the boiler room was repaired in December 2020.

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Safeguarding Update

Only one person has completed Disclosure Barring Service (DBS) registration this year. COVID and the lack of contact between people has also reduced the need for completing the Diocese statutory safeguarding training.

Thanks

The Ministry Team has done an amazing job over the past nine months or so since lockdown. Ray and Annie, Helen and Valerie, Clare, Festus and Payam have all responded magnificently to the very challenging and difficult circumstance presented by the lockdown and limited church opening. It has really brought out the best in them all. Chad Mark is blessed to have so many talented people at its disposal on The Ministry Team and each of them has contributed to holding a very diverse congregation together. The imagination and ingenuity they have exercised in finding new and exciting ways to keep people connected, stimulated and interested in all areas of church life is absolutely commendable. Thank you for all you have done.

The Warden Team only effectively operated for three months from January to the first Covid lockdown on 23[rd] March and as Stewards at St. John’s on 3 Sundays.

Thanks to the team – Festus Osuji, Robert Johnson, Dez Clarke, Damian Samuels and Hossein in what has been a very lean year for the team.

As we tend to note each year, St. Chad/Mark is a lively and interesting place with many activities and initiatives to meet the needs, not only of our diverse congregation, but also the wider community. The Ministry Team in particular has excelled in the pandemic, but others have contributed significantly too, notably Luke Heppenstall-West for his work on the COVID Action Group and videoing the early church services; Sue Capstick, DCC Secretary who has kept us all informed of church services and notices and managing DCC matters, and Chris O’Brien, DCC Treasurer for efficiently managing the church finances. We thank them all for their contributions.

Finally, we wish to thank everyone else - and we do mean everyone - who supports the church’s work in many ways and contributing to the general wellbeing of the church.

We pay tribute to those who have died during the year, particularly, but not exclusively, those who have died from COVID. May they rest in peace. We also remember family and friends left behind, many of whom whose lives have been devastated by COVID.

Sean Smith Church Warden 2020 & Festus Osuji Warden Elect 2020 - January 2021 on behalf of the Warden Team.

Sean Smith – Church Warden

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All Saints Report 2020

Due to the Covid pandemic and the high level of infection in Wolverhampton All Saints has been closed twice during lock downs. This has had a huge Impact not only on Sunday Worship but also on the work of All Saints in the local community.

The Luncheon Club mainly attended by the older generation has been suspended since March 2020, and as yet doesn’t have a date to reopen.

Gardening Club as this takes place outside Gardening club continued to met with reduced numbers during the first lockdown, however due to the age of the members it now remains closed.

Morning Prayer and Knit and Natter a small dedicated group met in All saints Church on Wednesday for prayer followed by sharing craft ideas and advice on sewing or knitting projects. Sadly this is also suspended due to Covid.

All Saints Church Building is a welcoming flexible space, with comfortable chairs and good kitchen facilities. The current heating system (wall mounted electric fires) will need to be assessed as spare parts for these heaters are now obsolete. The solar panels on the roof continue to bring in a good revenue but this could be improved if the broken panel was attended to.

All Saints Sunday Worship. Before Covid All Saints Sunday congregation was in double figures. Sadly even when the church had been deep cleaned and made Covid safe, when the church reopened after the first lockdown the numbers never went back to normal with the elderly and those venerably at risk never returning. We had poor attendance at Christmas.

Warm Welcome/Changing Lives although this was shut during the lockdowns, it did manage to reopen with social distancing for a brief time in September. The numbers of clients was reduced due to a local housing scheme.

Sadly this year it would be easy to focus on negatives, instead of celebrating the positive things which have happened in the parish. Prior to Covid All Saints welcomed the refugee and migrant center to share in a lunch. Warm Welcome met every Thursday evening and even when closed volunteers continued to meet via zoom and did training online.

Many thanks to Churchwardens, Treasurer, DCC members, Group organizers and all those who support the work of All Saints Church.

Revd Amanda Pike

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Financial Review

PCC of Central Wolverhampton

Net Total Assets: £1,490,720 (2019 £1,615,972) Deficit: (£91,239) – Unrestricted Excess £13,548 (2019 deficit of £142,307, and U/R excess of £13,777)

All Saints Accounts :

Deficit – (£3,424) – Unrestricted funds the deficit is (£3,424) Restricted funds deficit (£119). The restricted is expenditure from Warm Welcome funds for which the grants were received in previous years. All Saints have fully paid their share of the Parish Share and will continue in 2021 to receive a special assessment from the Diocese so again they will be paying 50% of their share of the Parish Share. The Diocese intend to start to collect loan repayments in 2021. However I have been asked by Jonathan Hill to consider this position for All Saints with a view to extending the moratorium – which I will do. All Saints did receive their share of the Parish Share support but also received a very generous donation from another Church of the Share support. This has meant that All Saints are in credit £1,453.56 for 2021 Parish Share. Solar income has increased from £2,902 to £4,070 in 2020 – and this is where we need to be looking for repayment of the loan. I feel that if we offer something to the Diocese this would be appreciated. Looking at the expenditure which has decreased by £4,600 this is really down to other salaries and Church running Gas. I looked at other salaries and this was repayment to the Parish for the Near Neighbours workers so this inflated the figure in 2019. 2021 is going to be as challenging as 2020 has been so we will need to keep a close eye on the finances of All Saints by using the reports from My fund accounting online.

Parish Account :

Excess - £9,869 – Everything is posted to agency accounts. However this is the posting of bonuses to the IDS accounts held with Lichfield and the Furlough income received. Parish Share and expenses remains the same in 2021 however there is no Parish Admin to pay.

Wolverhampton Pioneer Ministries

Excess: £798.88– WPM have spent less than they have received. Loose plate collections have reduced to nil. We are still receiving some standing order donations but these have also reduced. However expenditure has also reduced. The standing order to Darlington street continues to be paid and Nicola has been informed to cancel this. We have received a refund of £1,160 from The Methodist Church for the overpayment of rent.

We still have £8,945.70 in the Outreach fund and still have not been advised to return these funds to Joseph Rank. The plan was to advertise the position in 2020. However we all know what happened there.

We still have £809.38 held in the Near Neighbours fund and the Hardship fund continues to grow. We still hold £70 in our Agency account received in April 2019 which needs to be investigated. If the monies have not been spent then this need to be returned in 2021.

St Chad & St Marks :

St Chad & St Mark – The unrestricted deficit is £1650; if the £204 which was retained in the St Mark’s Hall Fund in error is taken into account, this becomes £1446. In the circumstances of the year, this is not surprising and it is something of a relief that is not higher. It is reassuring that (leaving aside one large donation received last year) voluntary income has been maintained at a very similar level, despite the loss of collections made in Church. The surplus in restricted funds is £9858, largely explained by the payment of a grant of £10,000 for a feasibility study in relation to plans for the Church Hall. This was received towards the end of the year and will be spent during 2021. The Omid fund also has a larger balance than expected because planned events could not take place.

St John’s :

Deficit – (£8,750) – There has been a reduction in overall income of nearly £4,000 this is really down to the reduction in Car Park income from £13,667 to £5,000. However there was an increase in Tax recoverable of £900 and also St Johns received a legacy of £1,000 both of which have helped with this terrible year. As with the income we have seen a reduction in the expenditure of nearly £4,000 but that is mainly down to no major works being carried out.

The Lloyds Shares have now been sold and the sale produced £1,631. The reason for this was that the shares historically were held in the name of Hugh Smith and not the name of the Church. The examiner wanted sight of the Share certificate and I did explain the circumstances. We felt it better all around if the shares were sold and paid into St Johns current account. St Johns Investment with AFH Wealth management has still not been transferred into the Parish so the Discretionary Management can commence. So at the moment the investment remains in the same assets. This year I have recorded a loss to the capital of £16,000 as at 31 December 2020 [However since its inception the capital has grown by about £25,000 – with the current valuation]. At the time of writing this the valuation is £272,000 St Johns have received £4,000 in income from the investment in 2020. We should try to transfer this investment to the Parish which just requires the completion of paperwork and a decision as to who the signatories should be in 2021. So whilst St John’s have like all of the other Churches had a challenging year they remain in a good position.

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St Peters Collegiate:

Deficit - (£97,940) – The unrestricted excess is £17,934 – If we concentrate on the unrestricted income and expenditure whilst the income has reduced by approximately £30,0000 the expenditure has also reduced by approximately £48,000. The reason overall St Peter’s have a deficit is because of the expenditure on refurbishing the Organ of £115,231. Nothing really jumps out it is a combination of VAT refund of nearly £4,000 along with a saving of £3,000 on gas and electric. Also St Peters were going to donate £5,000 to the Friends in 2019 and this was accounted for. But in 2020 decided that because there had been another donation of £5,000 that St Peters did not need to make this donation. This is why there is a minus figure against music expenses.

We continue with the procedures put in place by the Finance Committee and we will continue to revisit annually. I continue to sample check.

Reserves Policy

It is PCC policy to try to maintain a balance on free reserves (net current assets) which equates to at least three months unrestricted payments. This is equivalent to £41,046. It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the year end was 417,356, which is considerably higher than this target.

Investment Policy

The charity is granted power to invest in suitable investments under the PCC Powers Measure 1956 and the Trustees Act 2000. As a charity, the Trustees have a duty of care to take such advice as is appropriate before investments are undertaken. This advice is sought from the Central Board of Finance (CCLA) in London. AFH Wealth Management and EFG Harris Allday

The charity’s investment policies are based on two key principles: -

Investment policy for long-term funds is aimed primarily at generating a sustainable income, with due regard to the need for the preservation of capital value, and the possible need to realise investments to meet operational needs. The charity does not have a policy of generating income at excessive or high risk – known as “purchasing income”, where high returns are guaranteed at the expense of capital.

In summary, the charity has an overall policy to maximise income while preserving the real value of its funds. Due to the nature of the charity, an ethical investment policy is taken into consideration when investments are made:

The charity follows the Ethical Investment Advisory policy as recommended by the Lichfield Diocese which includes the following:

Planned giving, collections and donations are the main sources of fund raising along with tax recoverable.

Safeguarding

The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults).

Reporting Serious Incidents

A Serious Incident is an adverse event, whether actual or alleged, which results in or risks significant harm to the charity’s beneficiaries, employees, office holders, volunteers or to others who come into contact with the charity through its work, loss of the charity’s money or assets, damage to the charity’s property or harm to the charity’s work or reputation.

The trustees are not aware of any Serious Incidents in the last year

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Fundraising

The PCC takes it fundraising responsibilities seriously and is very grateful to all donors – whether regular or occasional – for their support of the church and church events. PCC supporters are never taken for granted. The PCC take full responsibility for fundraising and do not use commercial organisations or professional fundraisers. All money raised is either by donations, fundraising events, special appeals or legacies for which the PCC are most grateful.

Volunteers

The members of the PCC would like to thank all the volunteers who work so hard to make our Church a lively and vibrant community.

Risk Management

The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for potential hazards. We have safeguarding policies in place for child protection and for work with vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are reviewed annually to ensure adequate cover. An informal review of any new risks which may impact the work of the Church in the Parish is ongoing.

Structure, Governance and Management

The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure (1956) as amended that came into effect on 2[nd] January 1957, and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended).

The method of appointment of the PCC members is set out in the Church Representation Rules. The Council comprises the Incumbent, the Churchwardens, a representative of the Readers, those elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral Roll. The PCC members receive training from courses run by the Diocese. Members of the congregation are always urged to join the Electoral Roll, and to stand for election to the PCC.

The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. The PCC met 5 times in 2020. [Given its responsibilities, the PCC has a number of sub committees, each dealing with a particular aspect of parish life. These include Finance and Standing Committee. Each reports back to the PCC with the minutes of their meetings.]

Donations from Related Parties

Donations from related parties during the year totalled £4,622 (2019 £13,346). All these donations were received without conditions.

Remuneration paid to Trustees

None of the trustees have been paid any remuneration or received any other benefits from employment with the PCC ( in 2019 £nil).

Expenses paid to Trustees

One trustee was reimbursed £80 (2019 £269 for 2 Trustees) for travel and subsistence during the year.

Page 13

Reference and Administrative Details

Charity Name: The Parochial Church Council of the Ecclesiastical Parish of Central Wolverhampton

Other names the charity is known by: N/A Registered Charity Number : 1130297

Charity’s principal address: Lich Gates Wolverhampton WV1 1TY Correspondence address: St Peters House 4 Exchange Street Wolverhampton WV1 1TS Website address: https://www.wolvescentralparish.com/

PCC Members: Who Served from 1 January 2020 to the date this report was approved

Trustee name Office (if any) Dates acted if not for whole
period
Ex-Officio
The Rev’d Preb David Wright Chairman
The Revd Abbie Walsh Curate
The Revd Ray Gaston Team Vicar
The Revd Amanda Pike Team Vicar
Mr John Evans Vice Chair/Church Warden Central
Mrs Deborah Castle Secretary/Church Warden Central
Mr David Rendell Deanery Synod Central
Mr Konrad Vernon Church Warden Southern
Mrs Valerie Fairclough Lay Reader
Mrs Sue Bowden Church Warden Central
Mrs Maureen Bolton Deanery Synod Central
Mr Sean Smith Church Warden Western
Elected Members
Joyce Lewis Central
Dr Chris Obrien Western
Mr Robert Johnson Western
Mrs Kath Harrow Central
Mrs Marjorie Rendell Central
Mr Neville Collins Central
Mrs Victoria Szyman Central
Ms Annie Heppenstall Western
Mr Damian Samuels Western
Mr Hugh Smith Central

Page 14

8ank Bardays Bank PLCQueen Square W￿Ve￿•Mpton WVI IDS lrtve5tment Man¥er5 COA Senator House 85 Queen Wctoria Street London EC4V4ET Independent Examiner Jonathan Mill chfield DiDcesan Board of FlnanGe st MarysHDU5e, The Ct¢se. Lkhfiejd. WS13 nD Approved by thePCC on 23 March 2021 and stÉned on Its bÈhalfty'. R￿￿ Preb D￿ld Mrs Deborah Casde Puge 15

Independent Examiner’s report to the trustees/members of The PCC of The Parish of Central Wolverhampton

Registered charity number: 1130297

I report on the accounts for the year ended 31[st] December 2020 which are set out on the following pages.

Respective responsibilities of the Trustees and Independent Examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independen t examination is needed.

It is my responsibility

Basis of Independent Examiner's Statement

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below.

Independent Examiner's Statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect:

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

Signed: ………………………………………….. Date: …12 July 2021……………………………… Jonathan Hill FCMA CGMA Lichfield Diocesan Board of Finance St Mary’s House, The Close, Lichfield WS13 7LD

Page 16

The Parish of Central Wolverhampton Notes to the Financial Statements

For the year ended 31[st] December 2020

Accounting Policies

The Financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis.

There may be minor discrepancies in the totals as the pence are not being shown.

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members.

Cashflow Statement

The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a cashflow statement on the grounds that the income does not exceed £500,000.

Going Concern

There are no material uncertainties relate to events or conditions that cast significant doubt on the charity’s ability to continue as a going concern.

Post year end event

The ongoing worldwide outbreak of the COVID-19 virus still represents a significant event since the end of the financial year. However, COVID-19 is considered to be a non-adjusting post year end event and therefore has not been taken into account in preparing these Financial Statements as at 31 December 2020.

Accounting Estimates and Prior Year Errors

No changes to accounting estimates have occurred in the reporting period. No material prior year errors have been identified in the reporting period

Description of Funds

Unrestricted funds are income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its "free reserves" as disclosed in the trustees' annual report.

An explanation of purpose of each Designated fund are as follows:

Page 17

Restricted funds comprise of two elements :-

An explanation of purpose of each Restricted fund are as follows:

Page 18

Endowment funds are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts.

An explanation of purpose of each Endowment fund are as follows:

Incoming Resources

Planned giving, collections and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be measured with sufficient reliability. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and the monetary value can be measured with sufficient reliability. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.

Resources Expended

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.

Governance and Support Costs

Support costs should be allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the PCC and its compliance with regulation and good practice.

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources eg by allocating staff costs by time spent and other costs by their usage.

Fixed Assets

Consecrated and benefice property is not included in the accounts by s.10(2)(a)&(C) of the Charities Act 2011. Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements.

No depreciation is provided on buildings as the currently estimated residual value of the properties is not less than their carrying value and the remaining useful life of these assets exceeds 50 years, so that any depreciation charges would be immaterial. Other tangible fixed assets are valued at cost. The depreciation rates and methods used are disclosed in note XX.

Investments

Investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at market value at the year end. Investments held for re-sale are treated as current asset investments.

Debtors

Debtors are measured on initial recognition at settlement amount. Subsequently they are measured as cash expected to be received

Creditors and Accruals

Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount required to settle the obligation at the reporting date.

Page 19

The Parish of Central Wolverhampton for the year ending 2020

Receipts and Payments Account

Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
total funds
Income and endowments from:
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
Total income
Expenditure on:
Raising funds
Expenditure on charitable activities
Other expenditure
Total expenditure
Net income / (expenditure) resources before
transfer
Transfers
Gross transfers between funds - in
Gross transfers between funds - out
Other recognised gains / losses
Gains / losses on investment assets
Gains on revaluation, fixed assets, charity's own use
Net movement in funds
Total funds brought forward
Total funds carried forward
Represented by
Unrestricted
General fund
SOUTHERN
ST JOHNS GENERAL FUND
ST JOHNS RESERVE FUND
ST PETERS GENERAL FUND 17 10651575
ST PETERS HOUSE GENERAL FUND
WESTER RESERVE
WESTERN
Designated
BOOK SHOP SALES&EXPENSES
EVENING WITH THE BISHOP
PARISH
ST PETERS CRAVEN
VICARS FUND
Restricted
AUMBRY
Agency collection		 112,006
29,638
—
141,644
152,630
14,320
109
—
14,429
53,473
—
—
—
—
—
45,865
1,326
—
47,191
48,584
5,542
—
—
5,542
17,759
177,735
31,073
—
208,808
272,448
65
—
—
65
64
164,097
135,861
—
299,958
414,667
23
—
—
23
23
164,186
135,861
—
300,048
414,755
13,548
(104,787)
—
(91,239)
(142,307)
47,817
107,650
—
155,468
40,992
(41,883)
(75,709)
(37,875)
(155,468)
(40,992)
—
—
—
—
64,989
(46,242)
2,570
9,594
(34,077)
137,210
(26,759)
(70,275)
(28,281)
(125,316)
59,893
444,115
343,509
828,347
1,615,972
1,556,078
417,356
273,233
800,066
1,490,720
1,615,972
—
—
—
—
(20)
(17,448)
—
—
(17,448)
(11,622)
12,859
—
—
12,859
22,066
1,696
—
—
1,696
1,694
227,966
—
—
227,966
239,228
150,185
—
—
150,185
159,215
4,396
—
—
4,396
4,394
14,786
—
—
14,786
16,717
3,057
—
—
3,057
2,266
192
—
—
192
192
14,836
—
—
14,836
5,155
4,475
—
—
4,475
4,475
350
—
—
350
350
—
—
—
—
70
—
—
—
—
(64)

Page 20

CAMPAIGN ORGAN SERVING THE CITY — 12 — 12 6,933
CHAPEL — 217 — 217 217
CHILDRENS EDUCATION — 5,207 — 5,207 10,376
CLINTON FLOWERS — 224 — 224 140
CUF PHOTOGRAPHY COURSE — 106 — 106 106
CUF SANCTUARY COMMUNITIES — — — — (25)
DECORATION — 8,593 — 8,593 7,655
EDUCATION/MUSIC — — — — (10)
FLOWERS — 29 — 29 29
FOOD PROJECT — 124 — 124 233
Feasibility Study - Grant From National Lottery — 9,708 — 9,708 —
Friends Of St Johns — 34,290 — 34,290 34,170
GARDEN PROJECT — 2,389 — 2,389 2,797
GODLY PLAY — 4,923 — 4,923 5,018
GROWTH FUND — 382 — 382 382
Grant From James Beattie For Covid Work — 585 — 585 —
— 24,402 — 24,402 26,857
HOUSE RESERVE
Hardship Fund — 1,329 — 1,329 1,329
NEAR NEIGHBOURS — 809 — 809 809
OIL LAMPS SPECIFIC COLLECTION — 678 — 678 678
OMID Project — 2,695 — 2,695 1,112
PERTON DONATION FOR WARM WELCOME — 444 — 444 524
PICKET FENCE FOR MEMORIAL GARDEN — 1,375 — 1,375 1,375
PIONEER MINISTRY — 20,490 — 20,490 19,691
SEWING&SOWING&CRAFT PROJECT — 1,030 — 1,030 1,800
SOUND SYSTEM — 591 — 591 591
ST JOHNS RESERVE FUND — 1,631 — 1,631 2,883
ST MARKS HALL FUND — 65,765 — 65,765 65,561
ST PETERS BELLRINGERS — 2,810 — 2,810 2,669
ST PETERS CHOIR — 9,524 — 9,524 79,012
ST PETERS FLOWERS FUND — 812 — 812 821
ST PETERS PIXELL — 25,629 — 25,629 24,372
ST PETERS UPKEEP AND REPAIR — 6,859 — 6,859 6,859
TOGTHER FUND WARM WELCOME — 256 — 256 296
WESTERN COMMUNITY PROJECT — 10,186 — 10,186 10,424
WESTERN FABRIC FUND — 20,231 — 20,231 18,860
YOUNG ADULT OUTREACH WORKER — 8,945 — 8,945 8,945
Endowment
ST PETERS PIXELL — — — — 38,360
ST PETERS REPAIR&UPKEEP — — 193,174 193,174 183,696
ST PETERS SCHOOL WARD FUND — — 88,279 88,279 83,948
ST PETERS UPKEEP AND REPAIR — — 247,875 247,875 235,713
UPKEEP-J SALE OF FLATS — — 270,735 270,735 286,628

Page 21

Statement of a5setsand liabilrtle5 General DesiEnated Restrietsd Endowment iastyear Thls Fixed assets- Investments CCLA 6202510015 STCHAD&MARK FABRIC- CCL4 ICBFI LDBF Trust 120Crf)2498S- CCLA LDBF Trust 1200024995- CCLA ICBFI - L08F TN1504- CCLA ICBFI - LDBFTN28 l>R AIC- CCLA 12(NX129425- AFH WEALTH MANAGEMENT- 36 Sl P Harris A11day C047910- 375TJOHNS LLOYDS TSBSHARES F- Tots15 27,323 27,323 25.508 193,174 88.279 247.875 193.174 88.279 247￿75 25,629 183.696 83,948 235,713 24.372 38,360 286,628 269,362 2.883 8WJJ66 1.079.066 1,150N74 25,629 270.735 270,735 226.047 226,047 226.047 52,953 rixed a5sets-TaTrKible a55ets ST PETER5 HOUSE- 150,000 150MtK) I50.(￿] 150,IXKS O,OtyJ 150.r Total$ Current assets. Cash at bank and Sn hand I SOUTHERN CA56Lh)69 00101311- WESTERN CIA- WESt£RN COMMUNITY PROJECT- WESTERN RESERVE- CCLA IC8FI LDBF TN 1637- PARISH CIA- 5T PETERS CIA- ST PETERS ORGAN FUND- ST PETERS FLOWER- WESTERN NO 2 ACCOUNT- ST PETERS HSE C/A- ST CHAO MARK LirrLE EOEN GARDEN PROJECr- CCLA St Peters House Reserve ia. CASH ST PETE￿ CHURCH. CASH ST PETERS HOUSE- PErrY CASH WESTERN- srJoHNS RESERVE- Frlends of sfJohn5- WOLVERHAMPTON PIONEER MINISTRY- STJOHNS CIA- WESTVICARAGE DEC FUND IDWOLV041 9,586 Is,(K)i 1.083 14,3381 10,670 10.662 15.773 10,704 16,687 15,859 55,561 11.027 65,528 20,208 B21 55.765 11.1881 27,427 12 812 36,835 55.765 13.648 35.405 12 812 41,C#X) 1,491 2,407 I4￿56 7,816 161 4.165 1,491 7.350 2,815 2.407 65 io 24,402 24,467 io 46 25 1.696 34,290 31,645 14,708 2,366 26,857 io 33 25 16 1,696 34.290 31.645 1.848 2,366 34.170 30,846 22.081 2,054 12,859 CENTRALVICARAGE DEC FUND IDWOLVIOI- SOUTHERN InfAFL4GE DEC FUND IDWOLVOII- 2,678 1678 U66 3,547 3,547 3,234 Totals 45.099 22,6S3 219h05 2873S8 345.714 Cuff•ht *ss•ts-Sto¢&s and work In progres5 STOCK ATST PETERS HOUSE- STOCK AT 800KSHOP- 331 331 259 331 159 259 Puge 22

Totals 331 259 5YI Liabllllle5-Azenry4¢¢0unts A8ency collections- 17381 P381 4,613 4613 Totals liabilities- Credrtors: Amounts frdlli￿dVe In one year Loans recwved- 27.034 27.034 27.034 27,034 26,193 26,193 Totsl$ Grandioial 394.443 22.912 273.197 81WJJ)66 iJgo.720 1*15.972 Approved bythe PCC on 23 March 2021 and sizned on its behalf by.. Revd Preb Da¥Sd WrSBht Mrs Deborah Castle Puge 23

Analysis of receipts and payments

Receipts
Donations and legacies
0101 - Gift Aid Collections
0110 - Gift Aid - Envelopes
0201 - Non Gift Aid Collections
0301 - Loose plate collections
0401 - Regular gift days
0410 - Giving through church boxes
0501 - Sponsorship of Service Sheets
0550 - Donations appeals etc
0601 - Tax recoverable on Gift Aid
0701 - Legacies
0801 - Recurring grants
08A1 - Non-recurring one-off grants
0901 - Other funds generated
Total
Income from charitable activities
1101 - Fees for weddings and
funerals
1210 - Bookstall sales
1230 - Church hall lettings NOT
RENTAL INCOME
1261 - Fair Sales etc
1262 - Cafe Sales
Total
Investments
1001 - Dividends
1020 - Bank/Building Soc/CBF
Interest
1030 - Rental Income Western
1030 - Solar Income All Saints
1030 - Rent from Tennant St P
Hse/Hall
Total
Other income
1302 - Other Trading Income
1304 - Concert Income
Total		 Total
Unrestricted
Designated
Restricted
Endowment
This year
Last year
43,417
—
450
—
43,867
78,041
—
—
—
—
—
—
7,210
—
110
—
7,320
5,077
4,594
—
—
—
4,594
12,084
—
—
—
—
—
—
1,573
—
—
—
1,573
5,146
90
—
—
—
90
400
17,159
—
1,573
—
18,732
13,009
19,182
—
1,495
—
20,677
18,975
2,327
—
—
—
2,327
2,005
—
—
15,000
—
15,000
12,550
5,182
9,681
11,000
—
25,863
3,050
1,586
—
10
—
1,596
2,290
102,324
9,681
29,638
—
141,644
152,630
1,328
—
76
—
1,404
2,478
—
1,521
33
—
1,554
6,237
2,440
—
—
—
2,440
10,765
245
—
—
—
245
2,310
8,785
—
—
—
8,785
31,682
12,798
1,521
109
—
14,429
53,473
29,126
—
765
—
29,892
31,752
182
—
561
—
743
1,019
—
—
—
—
—
610
4,070
—
—
—
4,070
2,902
12,485
—
—
—
12,485
12,300
45,865
—
1,326
—
47,191
48,584
5,542
—
—
—
5,542
17,009
—
—
—
—
—
750
5,542
—
—
—
5,542
17,759
INCOME TOTAL 166,531
11,203
31,073
—
208,808
272,448

Page 24

Payments

Raising funds
1720 - Costs of stewardship
campaign
Total
Expenditure on charitable activities
1730 - Costs of fetes & other events
1741 - Bank Charges and Interest
Chgd
1801 - Giving to missionary societies
1850 - Home mission
1910 - Ministry parish share etc
2002 - Ers NIC
2050 - Salary of parish administrator
2051 - Other Salaries
2052 - Consultant fees
2060 - Music Staff Salaries
2102 - Music Expenses
2103 - Clergy Working Expenses
2104 - Verger expenses
2105 - Parish Expenses
2110 - Visiting speakers / locums
2150 - Vicars Phone & Mobile Phone
2150 - Vicars Phone & Mobile
Phones
2160 - Parish training and mission
2170 - Education-Open/Godly/Messy
2180 - Expense claims Bus Fares
2301 - Church running - insurance
2310 - Church office - telephone
2311 -
Photcopy/printing/Advertising
2311 -
Photocopy/printing/Advertising
2320 - Organ / piano tuning
2330 - Church maintenance
2331 - Cleaning & Cleaning Products
2340 - Upkeep of services
2341 - Tea Coffee etc
2350 - Upkeep of churchyard
2401 - Church running - electric
2410 - Church running - gas
2420 - Church running - water
2460 - Stationery & Administration
2510 - Bookstall costs
2519 - Cafe Supplies
2530 - St P Hse/Hall - Electricity
2540 - St P Hse/Hall - Gas
2550 - St P Hse/Hall - Insurance
2560 - St P Hse/Hall - Maintenance
2562 - Church Professional fees
2562 - Professional Fees
2570 - St P Hse/Hall - Phone		 65
—
—
—
65
64
65
—
—
—
65
64
417
—
1,405
—
1,822
8,260
0
—
—
—
0
170
1
—
—
—
1
1
88
—
641
—
729
139
78,495
—
—
—
78,495
77,501
—
—
—
—
—
120
4,341
—
—
—
4,341
10,190
893
—
12,786
—
13,679
11,620
—
—
—
—
—
—
13,101
—
—
—
13,101
20,992
(4,861)
—
67
—
(4,794)
6,168
85
—
—
—
85
487
180
—
—
—
180
1,145
1,500
—
—
—
1,500
2,024
33
—
—
—
33
92
—
—
—
—
—
—
500
—
—
—
500
500
1,609
—
780
—
2,389
1,222
—
—
—
—
—
1,108
150
—
—
—
150
961
17,551
—
504
—
18,056
17,594
1,106
—
—
—
1,106
727
—
—
—
—
—
86
1,905
—
53
—
1,959
3,755
850
—
—
—
850
649
5,598
—
—
—
5,598
6,881
1,727
—
—
—
1,727
4,018
2,740
—
158
—
2,899
3,806
111
—
—
—
111
468
2,515
—
407
—
2,922
3,558
6,934
—
—
—
6,934
9,366
12,365
—
—
—
12,365
14,906
211
—
—
—
211
128
984
—
184
—
1,169
1,607
—
718
—
—
718
4,047
3,224
—
—
—
3,224
8,808
2,916
—
—
—
2,916
2,671
2,375
—
—
—
2,375
2,013
1,705
—
—
—
1,705
1,670
2,489
—
—
—
2,489
2,625
—
—
—
—
—
324
—
—
291
—
291
—
357
—
—
—
357
367

Page 25

2580 - St P Hse/Hall - Water
2602 - Licences&Subscriptons
2710 - Church Repair/Redecoration
2820 - St P Hse/Hall
Repairs/Redecoration
2840 - Other PCC property upkeep
Total
Other expenditure
2311 -
Photocopy/printing/Advertising
Total		 469
—
—
—
469
1,228
107
12
—
—
119
—
(3,833)
—
116,440
—
112,607
179,845
—
—
2,140
—
2,140
—
2,413
—
—
—
2,413
737
163,366
730
135,861
—
299,958
414,602
23
—
—
—
23
3,755
23
—
—
—
23
3,755
EXPENDITURE TOTAL 163,456
730
135,861
—
300,048
418,421
GRAND TOTAL 3,075
10,472
(104,787)
—
(91,239)
(145,973)

Fund movement by type - 2020

AUMBRY - AUMBRY
Restricted
Sub-total for AUMBRY
BELLS - ST PETERS BELLRINGER
Restricted
Sub-total for BELLS
BISHOP - EVENING WITH THE BIS
Designated
Sub-total for BISHOP
BOOKSHOP - BOOK SHOP SALES&EXPE
Designated
Sub-total for BOOKSHOP
CENTRAL-J - ST JOHNS GENERAL FUN
Unrestricted
Sub-total for CENTRAL-J
CHAPEL - CHAPEL
Restricted
Sub-total for CHAPEL
CHOIR - ST PETERS CHOIR
Restricted
Sub-total for CHOIR
CLINTON - CLINTON FLOWERS
Restricted
Sub-total for CLINTON
CRAVEN - ST PETERS CRAVEN
Designated
Endowment		 Opening
Incoming
Outgoing
Transfers Gains/losses
Closing
70
—
—
(70)
—
—
70
—
—
(70)
—
—
2,669
76
(65)
—
—
2,810
2,669
76
(65)
—
—
2,810
192
—
—
—
—
192
192
—
—
—
—
192
2,266
1,521
730
—
—
3,057
2,266
1,521
730
—
—
3,057
22,066
16,237
25,110
70
—
12,859
22,066
16,237
25,110
70
—
12,859
217
—
—
—
—
217
217
—
—
—
—
217
79,012
—
—
(69,487)
—
9,524
79,012
—
—
(69,487)
—
9,524
140
100
15
—
—
224
140
100
15
—
—
224
4,475
—
—
—
—
4,475
—
—
—
—
—
—

Page 26

Sub-total for CRAVEN
Covid - Grant From James Bea
Restricted
Sub-total for Covid
DECORATION - DECORATION FUND IDWO
Designated
Restricted
Sub-total for DECORATION
EDUCATION - CHILDRENS EDUCATION
Restricted
Restricted
Sub-total for EDUCATION
FABRIC-W - WESTERN FABRIC FUND
Restricted
Endowment
Sub-total for FABRIC-W
FLOWER - ST PETERS FLOWERS FU
Restricted
Sub-total for FLOWER
FLOWERS - FLOWERS
Restricted
Sub-total for FLOWERS
FOOD - FOOD PROJECT
Restricted
Sub-total for FOOD
Feasibilit - Feasibility Study -
Restricted
Sub-total for Feasibilit
Friends - Friends Of St Johns
Restricted
Sub-total for Friends
GARDEN - GARDEN PROJECT
Restricted
Restricted
Sub-total for GARDEN
GENERAL-P - ST PETERS GENERAL FU
Unrestricted
Sub-total for GENERAL-P
GODLY - GODLY PLAY
Restricted
Sub-total for GODLY
GROWTH - GROWTH FUND
Restricted		 4,475
—
—
—
—
4,475
—
1,000
414
—
—
585
—
1,000
414
—
—
585
—
—
—
—
—
—
7,655
187
—
—
—
8,593
7,655
187
—
—
—
8,593
10,376
—
67
(5,102)
—
5,207
(10)
10
—
—
—
—
10,366
10
67
(5,102)
—
5,207
18,860
765
1,210
—
1,815
20,231
—
—
—
—
—
—
18,860
765
1,210
—
1,815
20,231
821
—
9
—
—
812
821
—
9
—
—
812
29
—
—
—
—
29
29
—
—
—
—
29
233
—
108
—
—
124
233
—
108
—
—
124
—
10,000
291
—
—
9,708
—
10,000
291
—
—
9,708
34,170
120
—
—
—
34,290
34,170
120
—
—
—
34,290
2,797
—
407
—
—
2,389
—
—
—
—
—
—
2,797
—
407
—
—
2,389
239,228
109,012
86,482
9,523
(43,315)
227,966
239,228
109,012
86,482
9,523
(43,315)
227,966
5,018
—
94
—
—
4,923
5,018
—
94
—
—
4,923
382
—
—
—
—
382

Page 27

Sub-total for GROWTH
General - General fund
Unrestricted
Sub-total for General
HALL - ST MARKS HALL FUND
Restricted
Sub-total for HALL
HARDSHIP - Hardship Fund
Restricted
Sub-total for HARDSHIP
HOUSE - ST PETERS HOUSE GENE
Unrestricted
Designated
Sub-total for HOUSE
HOUSERES - HOUSE RESERVE
Restricted
Endowment
Sub-total for HOUSERES
LAMPS - OIL LAMPS SPECIFIC C
Restricted
Sub-total for LAMPS
NEIGHBOURS - NEAR NEIGHBOURS
Restricted
Sub-total for NEIGHBOURS
OMID - OMID Project
Restricted
Sub-total for OMID
ORGAN-P - CAMPAIGN ORGAN SERVI
Restricted
Sub-total for ORGAN-P
OUTREACH - YOUNG ADULT OUTREACH
Restricted
Sub-total for OUTREACH
PARISH - PCC OF CENTRAL WOLVE
Unrestricted
Designated
Sub-total for PARISH
PERTON - PERTON DONATION FOR
Restricted
Sub-total for PERTON
PHOTO - CUF PHOTOGRAPHY COUR
Restricted
Sub-total for PHOTO		 382
—
—
—
—
382
(20)
—
—
20
—
—
(20)
—
—
20
—
—
65,561
204
—
—
—
65,765
65,561
204
—
—
—
65,765
1,329
—
—
—
—
1,329
1,329
—
—
—
—
1,329
159,215
9,531
14,919
(3,640)
—
150,185
—
—
—
—
—
—
159,215
9,531
14,919
(3,640)
—
150,185
26,857
44
2,140
(359)
—
24,402
—
—
—
—
—
—
26,857
44
2,140
(359)
—
24,402
678
—
—
—
—
678
678
—
—
—
—
678
809
—
—
—
—
809
809
—
—
—
—
809
1,112
15,000
13,117
(300)
—
2,695
1,112
15,000
13,117
(300)
—
2,695
6,933
1,388
115,230
106,921
—
12
6,933
1,388
115,230
106,921
—
12
8,945
—
—
—
—
8,945
8,945
—
—
—
—
8,945
—
—
—
—
—
—
5,155
9,681
—
—
—
14,836
5,155
9,681
—
—
—
14,836
524
—
80
—
—
444
524
—
80
—
—
444
106
—
—
—
—
106
106
—
—
—
—
106

Page 28

PICKET - PICKET FENCE FOR MEM
Restricted
Sub-total for PICKET
PIONEER - PIONEER MINISTRY
Restricted
Sub-total for PIONEER
PIXELL - ST PETERS PIXELL
Restricted
Endowment
Sub-total for PIXELL
PROJECT-W - WESTERN COMMUNITY PR
Restricted
Sub-total for PROJECT-W
REPAIR-P - ST PETERS REPAIR&UPK
Endowment
Sub-total for REPAIR-P
RESERVE-J - ST JOHNS RESERVE FUN
Unrestricted
Restricted
Sub-total for RESERVE-J
RESERVE-W - WESTER RESERVE
Unrestricted
Sub-total for RESERVE-W
SANCTUARY - CUF SANCTUARY COMMUN
Restricted
Sub-total for SANCTUARY
SEWCRAFT - SEWING&SOWING&CRAFT
Restricted
Sub-total for SEWCRAFT
SOUND - SOUND SYSTEM
Restricted
Sub-total for SOUND
SOUTHERN - SOUTHERN
Unrestricted
Sub-total for SOUTHERN
TOGETHER - TOGTHER FUND WARM WE
Restricted
Sub-total for TOGETHER
UPKEEP-J - UPKEEP-J SALE OF FLA
Endowment
Sub-total for UPKEEP-J
UPKEEP-P - ST PETERS UPKEEP AND		 1,375
—
—
—
—
1,375
1,375
—
—
—
—
1,375
19,691
2,148
1,349
—
—
20,490
19,691
2,148
1,349
—
—
20,490
24,372
—
—
—
1,257
25,629
38,360
—
—
(37,875)
(484)
—
62,732
—
—
(37,875)
772
25,629
10,424
—
238
—
—
10,186
10,424
—
238
—
—
10,186
183,696
—
—
—
9,478
193,174
183,696
—
—
—
9,478
193,174
1,694
1
—
—
—
1,696
2,883
—
—
—
(1,252)
1,631
4,578
1
—
—
(1,252)
3,328
4,394
2
—
—
—
4,396
4,394
2
—
—
—
4,396
(25)
28
340
338
—
—
(25)
28
340
338
—
—
1,800
—
770
—
—
1,030
1,800
—
770
—
—
1,030
591
—
—
—
—
591
591
—
—
—
—
591
(11,622)
8,754
12,058
—
—
(17,448)
(11,622)
8,754
12,058
—
—
(17,448)
296
—
39
—
—
256
296
—
39
—
—
256
286,628
—
—
—
(15,892)
270,735
286,628
—
—
—
(15,892)
270,735

Page 29

Restricted
Endowment
Sub-total for UPKEEP-P
VICAR - VICARS FUND
Designated
Sub-total for VICAR
WARD - ST PETERS SCHOOL WAR
Endowment
Sub-total for WARD
WESTERN - ST CHAD&MARKS GENERA
Unrestricted
Sub-total for WESTERN
Grand total		 6,859
—
—
—
—
6,859
235,713
—
—
—
12,161
247,875
242,573
—
—
—
12,161
254,735
350
—
—
—
—
350
350
—
—
—
—
350
83,948
—
—
—
4,331
88,279
83,948
—
—
—
4,331
88,279
16,717
22,991
24,885
(38)
—
14,786
16,717
22,991
24,885
(38)
—
14,786
1,616,036
208,808
300,048
—
(31,900)
1,490,720

Fund movement by type - 2019

AUMBRY - AUMBRY
Restricted
Sub-total for AUMBRY
BELLS - ST PETERS BELLRINGER
Restricted
Sub-total for BELLS
BISHOP - EVENING WITH THE BIS
Designated
Sub-total for BISHOP
BOOKSHOP – SALES & EXPENSES
Designated
Sub-total for BOOKSHOP
CENTRAL-J - ST JOHNS GENERAL FUN
Unrestricted
Sub-total for CENTRAL-J
CHAPEL - CHAPEL
Restricted
Sub-total for CHAPEL
CHOIR - ST PETERS CHOIR
Restricted
Sub-total for CHOIR
CLINTON - CLINTON FLOWERS
Restricted
Sub-total for CLINTON		 Opening
Incoming
Outgoing
Transfers Gains/losses
Closing
70
—
—
—
—
70
70
—
—
—
—
70
2,484
250
—
—
—
2,734
2,484
250
—
—
—
2,734
192
—
—
—
—
192
192
—
—
—
—
192
259
6,145
4,138
—
—
2,266
259
6,145
4,138
—
—
2,266
25,270
25,865
29,068
—
—
22,066
25,270
25,865
29,068
—
—
22,066
217
—
—
—
—
217
217
—
—
—
—
217
79,192
—
180
—
—
79,012
79,192
—
180
—
—
79,012
—
200
59
—
—
140
—
200
59
—
—
140

Page 30

CRAVEN - ST PETERS CRAVEN
Designated
Sub-total for CRAVEN
DECORATION - DECORATION IDS
Restricted
Sub-total for DECORATION
EDUCATION - CHILDRENS EDUCATION
Restricted
Restricted
Sub-total for EDUCATION
FABRIC-P - ST PETERS FABRIC
Unrestricted
Sub-total for FABRIC-P
FABRIC-W - WESTERN FABRIC FUND
Restricted
Sub-total for FABRIC-W
FLOWER - ST PETERS FLOWERS FU
Restricted
Sub-total for FLOWER
FLOWERS - FLOWERS
Restricted
Sub-total for FLOWERS
FOOD - FOOD PROJECT
Restricted
Sub-total for FOOD
Friends - Friends Of St Johns
Restricted
Sub-total for Friends
GARDEN - GARDEN PROJECT
Restricted
Sub-total for GARDEN
GENERAL-P - ST PETERS GENERAL FU
Unrestricted
Sub-total for GENERAL-P
GODLY - GODLY PLAY
Restricted
Sub-total for GODLY
GROWTH - GROWTH FUND
Restricted
Sub-total for GROWTH
General - General fund
Unrestricted		 12,813
—
—
(8,338)
—
4,475
12,813
—
—
(8,338)
—
4,475
7,253
187
—
215
—
7,655
7,253
187
—
215
—
7,655
9,394
1,824
841
—
—
10,376
—
—
10
—
—
(10)
9,394
1,824
851
—
—
10,366
(10)
—
8,328
8,338
—
—
(10)
—
8,328
8,338
—
—
20,846
743
6,700
—
3,971
18,860
20,846
743
6,700
—
3,971
18,860
903
313
395
—
—
821
903
313
395
—
—
821
24
—
—
5
—
29
24
—
—
5
—
29
469
320
556
—
—
233
469
320
556
—
—
233
—
—
—
—
—
34,170
—
—
—
—
—
34,170
2,893
—
95
—
—
2,797
2,893
—
95
—
—
2,797
223,905
111,542
135,596
6,000
32,118
239,469
223,905
111,542
135,596
6,000
32,118
239,469
5,444
—
426
—
—
5,018
5,444
—
426
—
—
5,018
7
1,300
925
—
—
382
7
1,300
925
—
—
382
—
—
20
—
—
(20)

Page 31

Sub-total for General
HALL - ST MARKS HALL FUND
Restricted
Sub-total for HALL
HARDSHIP - Hardship Fund
Restricted
Sub-total for HARDSHIP
HOUSE - ST PETERS HOUSE GENE
Unrestricted
Sub-total for HOUSE
HOUSERES - HOUSE RESERVE
Restricted
Sub-total for HOUSERES
LAMPS - OIL LAMPS SPECIFIC C
Restricted
Sub-total for LAMPS
NEIGHBOURS - NEAR NEIGHBOURS
Restricted
Sub-total for NEIGHBOURS
OMID - OMID Project
Restricted
Sub-total for OMID
ORGAN-P - CAMPAIGN ORGAN SERVI
Restricted
Sub-total for ORGAN-P
OUTREACH - YOUNG ADULT OUT
Restricted
Sub-total for OUTREACH
PARISH - PCC OF CENTRAL WOLVE
Designated
Sub-total for PARISH
PERTON - PERTON DONATION FOR
Restricted
Sub-total for PERTON
PHOTO - CUF PHOTOGRAPHY COUR
Restricted
Sub-total for PHOTO
PICKET - PICKET FENCE FOR MEM
Restricted
Sub-total for PICKET
PIONEER - PIONEER MINISTRY
Restricted		 —
—
20
—
—
(20)
65,561
—
—
—
—
65,561
65,561
—
—
—
—
65,561
1,329
—
—
—
—
1,329
1,329
—
—
—
—
1,329
156,997
32,212
23,995
(6,000)
—
159,215
156,997
32,212
23,995
(6,000)
—
159,215
26,656
200
—
—
—
26,857
26,656
200
—
—
—
26,857
678
—
—
—
—
678
678
—
—
—
—
678
809
—
—
—
—
809
809
—
—
—
—
809
—
11,250
10,137
—
—
1,112
—
11,250
10,137
—
—
1,112
119,670
12,860
117,438
(8,160)
—
6,933
119,670
12,860
117,438
(8,160)
—
6,933
8,945
—
—
—
—
8,945
8,945
—
—
—
—
8,945
694
—
—
(215)
—
5,155
694
—
—
(215)
—
5,155
811
49
335
—
—
524
811
49
335
—
—
524
106
—
—
—
—
106
106
—
—
—
—
106
1,375
—
—
—
—
1,375
1,375
—
—
—
—
1,375
18,562
3,133
2,004
—
—
19,691

Page 32

Sub-total for PIONEER
PIPES - ORGAN PIPES
Restricted
Sub-total for PIPES
PIXELL - ST PETERS PIXELL
Restricted
Endowment
Sub-total for PIXELL
PROJECT-W - WESTERN COMMUNITY
Restricted
Sub-total for PROJECT-W
REPAIR-P - ST PETERS REPAIR&UPK
Endowment
Sub-total for REPAIR-P
RESERVE-J - ST JOHNS RESERVE FUN
Unrestricted
Restricted
Sub-total for RESERVE-J
RESERVE-W - WESTER RESERVE
Unrestricted
Sub-total for RESERVE-W
SANCTUARY - CUF SANCTUARY
Restricted
Sub-total for SANCTUARY
SEWCRAFT - SEWING&SOWING&CRAFT
Restricted
Sub-total for SEWCRAFT
SOUND - SOUND SYSTEM
Restricted
Sub-total for SOUND
SOUTHERN - SOUTHERN
Unrestricted
Sub-total for SOUTHERN
TOGETHER - TOGTHER FUND WARM
Restricted
Sub-total for TOGETHER
TOILET - TOILET REFURBISHMENT
Restricted
Sub-total for TOILET
UPKEEP-J - UPKEEP-J SALE OF FLA
Endowment
Sub-total for UPKEEP-J		 18,562
3,133
2,004
—
—
19,691
—
18,000
26,160
8,160
—
—
—
18,000
26,160
8,160
—
—
20,201
—
—
—
4,170
24,372
31,796
—
—
—
6,563
38,360
51,998
—
—
—
10,734
62,732
10,523
—
98
—
—
10,424
10,523
—
98
—
—
10,424
152,264
—
—
—
31,432
183,696
152,264
—
—
—
31,432
183,696
1,623
71
—
—
—
1,694
2,392
—
—
—
491
2,883
4,015
71
—
—
491
4,578
4,386
8
—
—
—
4,394
4,386
8
—
—
—
4,394
184
450
661
—
—
(25)
184
450
661
—
—
(25)
3,560
3,080
4,839
—
—
1,800
3,560
3,080
4,839
—
—
1,800
591
—
—
—
—
591
591
—
—
—
—
591
(12,218)
16,145
14,379
(1,171)
—
(11,622)
(12,218)
16,145
14,379
(1,171)
—
(11,622)
296
—
—
—
—
296
296
—
—
—
—
296
—
—
1,171
1,171
—
—
—
—
1,171
1,171
—
—
258,219
—
—
—
28,408
286,628
258,219
—
—
—
28,408
286,628

Page 33

UPKEEP-P - ST PETERS UPKEEP AND
Restricted
6,859
—
Endowment
195,380
—
Sub-total for UPKEEP-P
202,240
—
VICAR - VICARS FUND
Designated
350
—
Sub-total for VICAR
350
—
WARD - ST PETERS SCHOOL WAR
Endowment
69,583
—
Sub-total for WARD
69,583
—
WESTERN - ST CHAD&MARKS GENERA
Unrestricted
16,315
26,293
Sub-total for WESTERN
16,315
26,293
Grand total
1,556,142
272,448
Staff Costs
Wages & Salaries
Social SecurityCosts
Average number of Employees		 UPKEEP-P - ST PETERS UPKEEP AND
Restricted
6,859
—
Endowment
195,380
—
Sub-total for UPKEEP-P
202,240
—
VICAR - VICARS FUND
Designated
350
—
Sub-total for VICAR
350
—
WARD - ST PETERS SCHOOL WAR
Endowment
69,583
—
Sub-total for WARD
69,583
—
WESTERN - ST CHAD&MARKS GENERA
Unrestricted
16,315
26,293
Sub-total for WESTERN
16,315
26,293
Grand total
1,556,142
272,448
Staff Costs
Wages & Salaries
Social SecurityCosts
Average number of Employees		 6,859
—
195,380
—		 —
—
—
6,859
—
—
40,333
235,713		 —
—
—
6,859
—
—
40,333
235,713
202,240
—
350
—		 —
—
40,333
242,573
—
—
—
350
350
—
69,583
—		 —
—
—
350
—
—
14,364
83,948
69,583
—
16,315
26,293		 —
—
14,364
83,948
25,885
(5)
—
16,717
16,315
26,293		 25,885
(5)
—
16,717
1,556,142
272,448		 414,448
—
161,854
1,616,343
2020
£30,789
£308
3
2019 2020
Wages & Salaries £32,576 £30,789
Social SecurityCosts £1,094 £308
Average number of Employees 4 3

During the year the PCC employed an Administrator, Musical Director, Caretaker and an Outreach worker [all part-time]. and not all payments attracted social security costs.

There were no employee benefits to key management personnel in the previous or current year.

The PCC use the National Employment Savings Trust [Nest] via the Diocesan Payroll Scheme, for its pension payments [2020 £292]

COVID-19 – The PCC received £9,651 in grants from the Government related to the Furlough Scheme

Trustees’ Remuneration & Expenses

There has been no Trustees remuneration during the year 92019 £nil).

One Trustee has been reimbursed £80 (2019 £269) for travel and subsistence during the year

Related Parties

No other expenses were paid to any other PCC member, persons closely connected to them or related parties.

Donations from related parties [PCC members] totalled £4,622 (2019 £13,346)

Page 34

Analysis of Transfer between Funds

Debit
-
5,000.00
-
69,487.56
-
37,875.47
-
37,434.00
-
102.01
-
359.06
Fixed Assets
a) Tangible Fixed Assets		 Debit Credit
Description		 Credit
Description		 Credit
Description		 Fund
Fund
Type		 Fund
Fund
Type
5,000.00
Transfer in 2019 from Ed- Gen
-
Not donated – Reversal
69,487.56
Instruction to transfer to
-
complete Organ refurb
37,875.47
Instruction to transfer to Gen
-
Restriction of Pix fund – for
the furtherance of work
37,434.00
To bring fund to nil project
-
completed
102.01
To General fund -
Photocopying
-
Per Education - Photocopying
Invoice
359.06
To House gen to carry out
-
Maintenance work		 EDUCATION
Res
GENERAL-P
Unr
CHOIR
Res
ORGAN-P
Res
PIXELL
End
GENERAL-P
Unr
GENERAL-P
Unr
ORGAN-P
Res
EDUCATION
Res
GENERAL-P
Unr
HOUSERES
Res
HOUSE
Unr
Church
Equipment
£
Total
Assets
0.00
150,000
0.00
0.00
0.00
0.00
0.00
0.00
0.00
150,000
0.00
0.00
0.00
150,000
0.00
0.00
0.00
0.00
0.00
150,000
0.00
150,000
0.00
150,000
Freehold
Buildings
£		 Church
Equipment
£		 Total
Assets
Cost or Valuation
As at 1 Jan 150,000 0.00 150,000
Additions in the Year 0.00 0.00 0.00
Disposal in the Year 0.00 0.00 0.00
Revaluation[if any] 0.00 0.00 0.00
Value at 31 Dec 150,000 0.00 150,000
Accumulated Depreciation 0.00 0.00 0.00
As at 1 Jan 150,000 0.00 150,000
Charge for the Year 0.00 0.00 0.00
Disposals 0.00 0.00 0.00
Value at 31 Dec 150,000 0.00 150,000
Net Book Value at 1 Jan 2020 150,000 0.00 150,000
Net Book Value at 31 Dec 2020 150,000 0.00 150,000

ST PETERS HOUSE – 4 Exchange St Wolverhampton

Page 35

b) Fixed Asset Investments

At 1 Jan
£		 Additions
£		 Disposals
£		 Transfers
£		 Change in
Market Value
£		 At 31 Dec
£
Unrestricted funds
Investments 269,362 0.00 0.00 0.00 (43,315) 226,047
Restricted Funds
Investments 91,123 0.00 (1,630) (38,360) 1,820 52,953
Endowment Fund
Investments 789,989 0.00 0.00 483 9,594 800,066
Total 1,150,474 (1,630) (37,877) (31,900) 1,079,066

CCLA 620251001S – St Chad & St Mark Fabric - £27,323 CCLA 120002498S – St Peters – £193,174 CCLA 120002499S – St Peters - £88,279 CCLA 120002863S – St Peters – 247,875 CCLA 120002941S – St Peters - £25,629 CCLA 120002942S – St Peters - £0.00 AFH WEALTH MANAGEMENT – St Johns - £270,735 St P Harris Allday C047910 – St Peters - £226,047 ST JOHNS LLOYDS TSB SHARES F – St Johns – £0.00

Loan Creditor – All Saints

Loan Creditor– All Saints
2020 2019
£ £
Loan due within 1 year 2,665 2,665
Loan due in 2 to 5 years 10,660 10,660
Due after 5 years 13,709 12,869
----------- -----------
27,034 26,194
----------- -----------

Page 36

SOFA – Receipts & Payments Comparatives

Previous Year 2019

Statement of Financial Activities

Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
total funds
Income and endowments from:
Donations and legacies
Income from charitable activities
Investments
Other income
Total income
Expenditure on:
Raising funds
Expenditure on charitable activities
Other expenditure
Total expenditure
Net income / (expenditure) resources before
transfer
Transfers
Gross transfers between funds - in
Gross transfers between funds - out
Other recognised gains / losses
Gains / losses on investment assets
Gains on revaluation, fixed assets, charity's own use
Net movement in funds
Total funds brought forward
Total funds carried forward		 100,007
52,623
—
152,630
128,336
53,341
132
—
53,473
53,781
47,237
1,346
—
48,584
51,125
17,699
60
—
17,759
18,116
218,286
54,162
—
272,448
251,360
64
—
—
64
535
241,324
173,036
—
414,360
407,414
23
—
—
23
249
241,412
173,036
—
414,448
408,199
(23,126)
(118,874)
—
(142,000)
(156,838)
14,889
26,102
—
40,992
42,305
(16,280)
(24,711)
—
(40,992)
(42,305)
32,118
4,462
28,408
64,989
(66,644)
6,176
38,340
92,694
137,210
(1,769)
13,777
(74,679)
121,102
60,200
(225,252)
430,579
418,254
707,244
1,556,078
1,781,331
444,357
343,574
828,347
1,616,278
1,556,078

Page 37