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|Vicar|||The Reverend|Canon Charles Stewart|Canon Charles Stewart||
|---|---|---|---|---|---|---|
|Associate|Priest||The Reverend|Richard|Partridge||
|Assistant|Curate||The Reverend|Jonathan|Evans|Retired 17.01.2021|
|Children|and|Families|Mrs Heidi Hagensen|||Retired 14.02.2021|
|Worker|||||||
|Licensed|Lay Minister||Mr David Hewitt|||Retired 04.10.2020|





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|each AP|CM:|CM:|CM:|CM:||||||
|---|---|---|---|---|---|---|---|---|---|
|Ministry|and Discipleship||||Committee|||||
|Chairman|||||The Reverend|Richard|Partridge|||
|Outreach||Committee||||||||
|Chairman|||||The Reverend|Jonathan|Evans|(Until January|2021)|
||||||Mrs Victoria Semple-Khan|||(From February 2021)||
|Property|Committee -|||incorporating<br>the||Trusts|ofthe 1925Repairs Committee||delegated to|
|||||the PCC by Resolution||||||
|Chairman|||||Mr Roger Mason|||||
|Finance|Committee|||||||||
|Chairman||||Mrs Julie Mills||||||
|Pilgrimage||and|Visitors Committee|||||||
|Chairman|||||Mrs Patricia Richards|||||
|Children||and Youth Committee||||||||
|Chairman|||||Mrs Julie Mills|||||
|Communication|||Committee|||||||
|Chairman|||||Mrs Anusha Hesketh|||(Until January|2021)|
||||||The Reverend|Canon Charles Stewart||(From January|2021)|





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|Christchurch|Priory Ltd Summary ofTrading|Priory Ltd Summary ofTrading|and Net Assets|—2020|||
|---|---|---|---|---|---|---|
||||Shop|Cafe|Total|2019|
|Trading income|||18,958|27,418|46,376|123,372|
|Covid 19Grants|||8,313|13,180|21,493|0|
||||27,271|40,598|67,869|123,372|
|Expenditure:|||||||
|Purchases|||9,581|9,358|18,939|49,290|
|General Expenses|||16,717|34,514|51,231|56,442|
||||26,298|43,872|70,170|105,732|
|Net (loss) / profit|||973|(3,274)|(2,301)|17,640|
|Accumulated<br>reserves brought||forward|||21|21|
|Net (loss) / profit for the year|||||(2,301)|0|
|Share capital|||||5|5|
|Net (liabilities)|/ assets at 31 December 2020||||(2,275)|26|



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||||||Unrestricted|Restricted|Endowment|TOTAL FUNDS|TOTAL FUNDS|
|---|---|---|---|---|---|---|---|---|---|
|||||Note|Funds|Funds|Funds|2020|2019|
|INCOME AND ENDOWMENTS|||FROM|||||||
|Donations<br>and legacies||||2(a)|254,078|42,390|106|296,574|300,856|
|Other trading activities||||2(b)|90,194|95,075|0|185,269|368,757|
|Investments||||2(c)|7,897|11,542|7,712|27,151|33,451|
|Charitable<br>activities||||2(II)|34,250|0|0|34,250|47,474|
|Other||||2(e)|37,720|193,980|0|231,700|2,520|
|TOTAL INCOME AND ENDOWMENTS|||||424,139|342,987|7,818|774,944|753,058|
|EXPENDITURE ON||||||||||
|Charitable<br>activities||||3(a)|523,752|680,036|7,712|1,211,500|705,947|
|Raising funds||||3(b)|83,478|14,662|0|98,140|178,905|
|Other||||3(c)|22,160|4,234|0|26,394|30,213|
|TOTAL EXPENDITURE|||||629,390|698,932|7,712|1,336,034|915,065|
|Realised (losses)<br>/ gains||||5(a)|(2,503)|63,848|0|61,345|96,640|
|Unrealised<br>revaluation|gains|/ (losses)||5(b)|38,295|(24,544)|54,791|68,542|254,030|
|NET GAINS|||||35,792|39,304|54,791|129,887|350,670|
|NET (EXPENDITURE) / INCOME|||||(169,459)|(316,641)|54,897|(431,203)|188,663|
|BALANCES AT I JANUARY 2020|||||2,736,527|1,519,249|3,003,502|7,259,278|7,070,615|
|BALANCES AT 31DECEMBER|||2020||2,567,068|1,202,608|3,058,399|6,828,075|7,259,278|





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## 

|AS AT31DECEMBER 2020|||||||
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|TOTAL FUNDS||
||Note|Funds|Funds|Funds|2020|2019|
|FIXEDASSETS|||||||
|Tangible|||||||
|Freehold<br>land and buildings|4(a)|747,059|536,079|2,769,326|4,052,464|3,950,000|
|Fixtures and equipment|4(b)|2,726|104,123|0|106,849|127,013|
|Investments|4(c)|140,633|58,331|288,967|487,931|791,882|
|TOTAL FIXEDASSETS||890,418|698,533|3,058,293|4,647,244|4,868,895|
|VISITOR CENTRE DEVELOPMENT|1/15|186,880|0|0|186,880|200,996|
|CURRENT ASSETS|||||||
|Stock||30,022|0|0|30,022|27,886|
|Debtors and prepayments||13,366|73,685|20|87,071|20,577|
|Bank and cash balances||1,647,471|516,620|86|2,164,177|2,237,111|
|||1,690,859|590,305|106|2,281,270|2,285,574|
|LIABILITIES|||||||
|Creditors<br>and accruals|7|(201,089)|(86,230)|0|(287,319)|(96,187)|
|NET CURRENT ASSETS||1,489,770|504,075|106|],993,951|2,189,387|
|NET ASSETS||2,567,068|1,202,608|3,058,399|6,828,075|7,259,278|
|REPRESENTED BY|||||||
|Accumulated<br>funds|13||||||
|Unrestricted||2,567,068|0|0|2,567,068|2,736,527|
|Restricted||0|1,202,608|0|1,202,608|1,519,249|
|Endowment||0|0|3,058,399|3,058,399|3,003,502|
|||2,567,068|1,202,608|3,058,399|6,828,075|7,259,278|



## 



## 

|YEAR ENDED 31DECEMBER|20|20|||||||
|---|---|---|---|---|---|---|---|---|
||||||2020||2019||
|Cash flows from operating<br>activities:|||||||||
|Net movement<br>in funds for the reporting||period||||(431,203)||188,663|
|(as per the Statement ofFinancial<br>Activities)|||||||||
|Adjustments<br>for:|||||||||
|Depreciation|||||20,164||46,335||
|(Profit) on sale offixed assets|||||(61,345)||(96,640)||
|(Surplus) on revaluations|||||(68,542)||(254,030)||
|(Increase) in stocks|||||(2,136)||(3,934)||
|(Increase)<br>/ Decrease in debtors|||||(66,494)||3,560||
|Decrease<br>/ (Increase) in creditors|||||191,132|12,779|(95,815)|(400,524)|
|Net cash provided<br>by operating<br>activities||||||(418,424)||(211,861)|
|Cash flows from investing<br>activities:|||||||||
|Dividends,<br>interest and rents from investments|||||(1,392)||(1,942)||
|Proceeds from the sale ofproperty|||||0||695,000||
|Visitor Centre expenditure<br>/ (income)|||||14,116||(6,171)||
|Proceeds from the sale ofinvestments|||||436,951||64,495||
|Purchase ofinvestments|||||(104,185)||(86,089)||
|Net cash provided<br>by investing<br>activities||||||345,490||665,293|
|||||||(72,934)||453,432|
|Cash and equivalents<br>at the beginning|of|the reporting||period||2,237,]11||1,783,679|
|Cash and equivalents<br>at the end ofthe|reporting||period|||2, 164,]77||2,237,111|





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||INCOME AND EN|DO|WMENTS FROM||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|TOTAL|FUNDS|
|||||Funds|Funds|Funds|2020|2019|
|||||f.|||||
|(a)|Donations<br>and legacies||||||||
||Planned<br>giving:||||||||
||Gift Aid donations|||43,787|601||44,388|51,645|
||Parish Giving Scheme|||47,937|0||47,937|49,496|
||Tax recoverable|||22,852|171||23,023|25,317|
||Other planned<br>giving|||16,642|0||16,642|12,912|
|||||13],218|772|0|131,990|139,370|
||Collections (open plate)|||11,408|0|0|11,408|39,847|
||Gilt Aid Small Donations||Scheme (GASDS)|2,116|0|0|2,116|2,471|
||Mary Waterfield<br>Charity|||7,200|0|0|7,200|7,051|
||Donations Box|||16,861|0|0|16,861|32,781|
||Visitors Box|||0|98|0|98|932|
||General donations,<br>appeals||etc|19,614|12,655|106|32,375|18,977|
||Parish Benevolent<br>Fund|||0|0|0|0|488|
||Covid 19Special Appeals|||49,365|0|0|49,365|0|
||Belgium Trip|||0|0|||22,542|
||Legacies|||16,296|25,860||42,156|26,292|
||Friends ofChristchurch|Priory||0|2,475||2,475|1,500|
||Special Collections|||0|530||530|8,605|
|||||254,078|42,390|106|296,574|300,856|
|(b)|Other trading activities||||||||
||Bookstall (St John' s)|||156|||156|1,] 12|
||Christchurch<br>Priory Ltd||||||||
||Shop|||18,958|0||18,958|52,110|
||Catering|||27,418|0||27,418|71,262|
||Church Hall lettings|||12,756|0||12,756|16,870|
||Magdalen<br>Lane rent|||0|0||0|(3,757)|
||Wickfield Avenue rent|||8,353|0||8,353|15,338|
||StGeorge's House rent|||9,000|0||9,000|9,000|
||Priory House lettings|||1,844|0||1,844|7,978|
||Priory House Fund|||0|77,276||77,276|83,004|
||Fund-raising<br>events|||10,131|0||10,131|29,130|
||Music Fund|||0|17,749||17,749|83,108|
||StMichael's Loft Museum|||0|0||0|309|
||Floodlights|||930|0||930|855|
||Flowers|||0|50||50|593|
||Parish Office external|charges||648|0||648|1,845|
|||||90,194|95,075|0|185,269|368,757|





## 

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## 

|YEA|R ENDED 31DECEMBER 2020|R ENDED 31DECEMBER 2020|R ENDED 31DECEMBER 2020|R ENDED 31DECEMBER 2020||||||
|---|---|---|---|---|---|---|---|---|---|
|2|INCOME AND ENDOWMENTS FROM||||(continued)|||||
||||||Unrestricted|Restricted|Endowment|TOTALFUNDS||
||||||Funds|Funds|Funds|2020|2019|
|(c)|Investments|||||||||
||Bank interest||||6,505|1,932|0|8,437|12,755|
||Dividend<br>Income:|||||||||
||Sanlam Private Wealth South Ltd||||0|7,778|0|7,778|9,271|
||Garden ofRest||||1,392|0|0|1,392|1,942|
||Lindop Fund (Priory|- Music)|||0|0|4,640|4,640|4,731|
||Tithe Chancel Fund|(Priory||- Insurance)|0|0|825|825|801|
||White-White<br>Fund (Priory|||- Fabric)|0|0|784|784|762|
||Music Fund (Priory|- Music)|||0|848|1,463|2,311|2,233|
||Parish Benevolent<br>Fund||||0|984|0|984|956|
||||||7,897|11,542|7,712|27,151|33,451|
|(d)|Charitable<br>activities|||||||||
||Parochial fees retained||||13,363||0|13,363|18,985|
||Parish News||||586||0|586|3,640|
||Garden ofRest||||16,290||0|16,290|14,436|
||Votive Candles||||3,961||0|3,961|10,199|
||Outreach||||50||0|50|214|
||||||34,250||0|34,250|47,474|
|(e)|Other|||||||||
||Listed Places ofWorship||Grant Scheme|||||||
||-general||||786|19,169|0|19,955|2,520|
||Covid 19government|grants||||||||
||-CJRS (employee|furlough)|||25,000|0|0|25,000|0|
||-RHLGF (local authority|||retail)|11,334|0|0|11,334|0|
||Culture Recovery Grant||(Phase 5)||0|174,811|0|174,811|0|
||Sale ofPriory pews||||600|0|0|600|0|
||||||37,720|193,980|0|231,700|2,520|
|TOTAL INCOME AND ENDOWMENTS|||||424,139|342,987|7,818|774,944|753,058|





## 

## 

## 

## 

## 

||INCOME AND END|O|WMENTS FROM (|2019)||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endouruent|TOTAL FUNDS|
|||||Funds|Funds|Funds|2019|
|(a)|Donations<br>and legacies|||||||
||Planned<br>giving:|||||||
||Gilt Aid donations|||51,146|499||51,645|
||Parish Giving Scheme|||49,496|0||49,496|
||Tax recoverable|||24,691|626||25,317|
||Other planned<br>giving|||12,9]2|0||12,912|
|||||138,245|1,125||139,370|
||Collections (open plate)|||39,847|0|0|39,847|
||Gilt Aid Small Donations||Scheme (GASDS)|2,471|0|0|2,471|
||Mary Waterfield<br>Charity|||7,051|0|0|7,051|
||Donations Box|||32,781|0|0|32,781|
||Visitors Box|||0|932|0|932|
||General donations,<br>appeals||etc|8,727|10,037|213|18,977|
||Parish Benevolent<br>Fund|||0|488|0|488|
||Belgium Trip|||0|22,542|0|22,542|
||Legacies|||21,000|5,292|0|26,292|
||Friends ofChristchurch|Priory||0|1,500|0|1,500|
||Special Collections|||0|8,605|0|8,605|
|||||250,122|50,521|213|300,856|
|(b)|Other trading activities|||||||
||Bookstall (St John' s)|||1,112|||1,112|
||Christchurch<br>Priory Ltd|||||||
||Shop|||52,110|0||52,110|
||Catering|||71,262|0||71,262|
||Church Hall lettings|||16,870|0||16,870|
||Magdalen<br>Lane rent|||(3,757)|0||(3,757)|
||Wickfield Avenue rent|||15,338|0||15,338|
||St George's House rent|||9,000|0||9,000|
||Priory House<br>lettings|||7,978|0||7,978|
||Priory House Fund|||0|83,004||83,004|
||Fund-raising<br>events|||29,130|0||29,130|
||Music Fund|||0|83,108||83,108|
||StMichael's Loft Museum|||309|0||309|
||Floodlights|||855|0||855|
||Flowers|||0|593||593|
||Parish Office external charges|||1,845|0||],845|
|||||202,052|166,705|0|368,757|





## 

## 

## 

|2<br>INCOME AND|END|OWMENTS FROM|(2019)||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|TOTAL FUNDS|
||||Funds|Funds|Funds|2019|
|(c) Investments|||||||
|Bank interest|||9,153|3,602|0|12,755|
|Dividend<br>Income:|||||||
|Sanlam Private Wealth||South Ltd|0|9,271|0|9,271|
|Garden ofRest|||1,942|0|0|1,942|
|Lindop Fund (Priory - Music)|||0|0|4,731|4,731|
|Tithe Chancel Fund (Priory - Insurance)|||0|0|801|801|
|White-White<br>Fund|(Priory - Fabric)||0|0|762|762|
|Music Fund (Priory - Music)|||0|823|1,410|2,233|
|Parish Benevolent|Fund||0|956|0|956|
||||11,095|14,652|7 704|33 451|
|(d) Charitable<br>activities|||||||
|Parochial fees retained|||18,985|||18,985|
|Parish News|||3,640|||3,640|
|Garden ofRest|||14,436|||14,436|
|Votive Candles|||10,199|||10,199|
|Outreach|||214|||214|
||||47,474||0|47,474|
|(e) Other|||||||
|Listed Places ofWorship||Grant Scheme|||||
|-general|||649|1,871|0|2,520|
||||649|1,871|0|2,520|
|TOTAL INCOME AND|ENDOWMENTS||511,392|233,749|7,917|753,058|





## 

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## 

||EXPENDITURE ON|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Endowment|TOTALFUNDS||
||||||Funds|Funds|Funds|2020|2019|
|(a1|Charitable<br>activities|||||||||
||Discretionary<br>missionary|and charitable||giving:||||||
||Home missions<br>and Church societies||||0|11,504||11,504|4,671|
||Priory School||||3,000|0||3,000|3,000|
||Secular charities||||0|0||0|1,081|
||||||3,000|11,504|0|14,504|8,752|
||Special Collections|||||530||530|8,605|
||Ministry:|||||||||
||Common Mission Fund||||]44,868|0|0|144,868|139,083|
||Clergy allowances||||4,163|0|0|4,163|6,436|
||Other clergy costs||||893|0|0|893|1,046|
||Church running<br>expenses||||58,298|0|825|59,123|52,945|
||Church maintenance||||43,119|126|0|43,245|85,872|
||Covid 19costs||||19,071|0|0|19,071|0|
||Priory restoration<br>and conservation||||27,351|598,866|784|627,001|48,780|
||Upkeep ofservices||||3,097|50|0|3,147|7,389|
||Organists,<br>choir and music||||36,178|1,830|6,103|44, 111|73,806|
||Training costs - Education||||951|850|0|1,801|3,795|
||Priory House Fund||||0|28,531|0|28,531|25,203|
||Upkeep of:|||||||||
||Garden ofRest||||9,008|0||9,008|11,128|
||Church Halls||||8,465|0||8,465|9,913|
||Priory House||||4,953|0||4,953|2,562|
||Magdalen<br>Lane||||0|0||0|940|
||StGeorge's House||||358|0||358|330|
||Wickfteld Avenue||||4,138|0||4, 138|1,110|
||Salaries||||115,653|17,199||132,852|130,563|
||Depreciation||||13,656|6,508||20,164|46,335|
||Professional<br>fees:|||||||||
||- sundry||||14,759|9,049||23,808|27,387|
||- audit||||9,630|0||9,630|9,449|
||- investment<br>portfolio management||fees||0|2,166||2,166|2,761|
||Miscellaneous||||2,143|2,827||4,970|1,757|
||||||523,752|680,036|7,712|1,211,500|705,947|





## 


||EXPENDIT||URE ON (continued)||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|TOTAL|FUNDS|
|||||Funds|Funds|Funds|2020|2019|
|(b)|Raising funds||||||||
||Donations<br>and||legacies|686|||686|1,282|
||Christchurch|Priory Ltd|||||||
||Shop|||26,298|0||26,298|44,476|
||Catering|||43,872|0||43,872|61,256|
||Music Fund|||0|14,662||14,662|61,295|
||Events|||6,042|0||6,042|1,316|
||Miscellaneous||projects|6,580|0||6,580|9,280|
|||||83,478|14,662|0|98,140|178,905|
|(c)|Other||||||||
||Support costs||(see Note 10)|21,665|0|0|21,665|28,255|
||Miscellaneous|||495|4,234|0|4,729|1,958|
|||||22,160|4,234|0|26,394|30,213|





## 

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## 

## 

||EXPENDITURE ON|(2019)|||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Endn380nent|TOTAL FUNDS|
||||||Funds|Funds|Funds|2019|
|(a)|Charitable<br>activities||||||||
||Discretionary<br>missionary|and charitable||giving:|||||
||Home missions<br>and Church societies||||513|4,158|0|4,671|
||Priory School||||3,000|0|0|3,000|
||Secular charities||||1,081|0|0|1,081|
||||||4,594|4,158||8,752|
||Special Collections||||0|8,605||8,605|
||Ministry:||||||||
||Common Mission Fund||||139,083|0|0|139,083|
||Clergy allowances||||6,436|0|0|6,436|
||Other clergy costs||||1,046|0|0|1,046|
||Church running<br>expenses||||52,144|0|801|52,945|
||Church maintenance||||79,395|6,477|0|85,872|
||Priory restoration<br>and conservation||||6,062|4],956|762|48,780|
||Upkeep ofservices||||6,440|949|0|7,389|
||Organists,<br>choir and music||||130|67,535|6,141|73,806|
||Training costs - Education||||3,795|0|0|3,795|
||Priory House Fund||||0|25,203|0|25,203|
||Upkeep of:||||||||
||Garden ofRest||||11,128|0||11,128|
||Church Halls||||9,913|0||9,913|
||Priory House||||2,562|0||2,562|
||Magdalen<br>Lane||||940|0||940|
||StGeorge's House||||330|0||330|
||Wickfteld Avenue||||1,110|0||1,110|
||Salaries||||118,098|12,465||130,563|
||Depreciation||||13,656|32,679||46,335|
||Professional<br>fees:||||||||
||- sundry||||24,807|2,580||27,387|
||- audit||||9,449|0||9,449|
||- investment<br>portfolio management||fees||0|2,761||2,761|
||Miscellaneous||||1,757|0||1,757|
||||||492,875|205,368|7,704|705 947|





## 

## 

## 

||EXPENDIT|URE ON (2019)|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endo3vmettt|TOTAL FUNDS|
||||Funds|Funds|Funds|2019|
|(b)|Raising funds||||||
||Donations<br>and|legacies|1,282|||1,282|
||Christchurch<br>Priory Ltd||||||
||Shop||44,476|0||44,476|
||Catering||61,256|0||61,256|
||Music Fund||0|61,295||61,295|
||StMichael's Loft Museum||0|0||0|
||Miscellaneous|projects|9,280|0||9,280|
||Events||1,316|0||1,316|
||||117,610|61,295|0|178,905|
|(c)|Other||||||
||Support costs|(see Note 10)|28,255|0||28,255|
||Miscellaneous||1,803|155||1,958|
||||30,058|155|0|30233|






## 

## 

## 

|4|TANGIBLE|FIXEDASSETS|
|---|---|---|
|(a)|FREEHOLD|LAND AND BUILDINGS: PCC FUND|



|(a)<br>FREEHOLD LAND AND|BUILDINGS: P|CC FUND|||||
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|TOTAL FUNDS||
|||Funds|Funds|Funds|2020|2019|
|CHURCH HALL|||||||
|St George's Hall|||||||
|I January||345,000||0|345,000|371,193|
|Unrealised<br>revaluation|(loss)|0||0|0|(26,193)|
|31 December||345,000||0|345,000|345,000|
|Valuation<br>at 31 December 2020||345,000||0|345,000|345,000|
|RESIDENTIAL PROPERTIES|||||||
|15Wickfield Avenue|||||||
|I January||0|500,000|0|500,000|504,916|
|Unrealised<br>revaluation|gain / (loss)|0|36,079|0|36,079|(4,916)|
|31December||0|536,079|0|536,079|500,000|
|St George's House|||||||
|I January||375,000||0|375,000|274,899|
|Unrealised<br>revaluation|gain|27,059||0|27,059|100,101|
|31 December||402,059||0|402,059|375,000|
|11Magdalen<br>Lane|||||||
|I January|||||0|600,288|
|Sold in prior year|||||0|(695,000)|
|Realised gain|||||0|94,712|
|31December||0|0|0|0|0|
|Valuation<br>at 31December 2020||402,059|536,079|0|938,138|875,000|
|TOTAL AT VALUATION||747,059|536,079|0|1,283,138|1,220,000|
|TOTAL UNREALISED GAINS||27 059|36,079|0|63 nr|68,992|





## 

## 

|||Unrestricted|Restricted|Endowment|TOTALFU131DS|TOTALFU131DS|
|---|---|---|---|---|---|---|
|||Funds|Funds|Funds|2020|2019|
|PRIORV HOUSE FUND|||||||
|Priory House|||||||
|I January|||0|1,300,000|1,300,000|1,300,000|
|31 December|||0|1,300,000|1,300,000|1,300,000|
|Priory Cottage|||||||
|1 January|||0|545,000|545,000|545,000|
|Unrealised<br>revaluation|gain||0|39,326|39,326|0|
|31 December|||0|584,326|584,326|545,000|
|Old Stable Block|||||||
|I January|||0|150,000|150,000|150,000|
|31 December|||0|150,000|150,000|150,000|
|Car Park|||||||
|1 January|||0|675,000|675,000|600,000|
|Unrealised<br>revaluation|gain||0|0|0|75,000|
|31 December|||0|675,000|675,000|675,000|
|Pleasure Gardens|||||||
|I January|||0|60,000|60,000|60,000|
|31 December|||0|60,000|60,000|60,000|
|TOTAL AT VALUATION|||0|2,769,326|2,769,326|2,730,000|
|TOTAL UNREALISED GAINS||0|0|39.326|39326|73.000|





## 

## 

## 

## 

|(b)<br>FIXT|URES AND EQUIPMENT||||||
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endoutnent|TOTAL|FUNDS|
|||Funds|Funds|Funds|2020|2019|
|GENERAL|||||||
|Gross|book value||||||
||I January|153,032|277,096|0|430,128|430,128|
||31 December|]53,032|277,096|0|430,128|430,128|
|Depreciation|||||||
||I January|]36,651|166,465|0|303,116|256,781|
||Charge for the year|13,656|6,508|0|20,164|46,335|
||31 December|150,307|172,973|0|323,280|303,116|
|Net book value|||||||
||31December 2020|2,725|104,123|0|106,848|127,012|
||31 December 2019|16,381|110,631|0|127,012|173,347|
|CHRISTCHURCH<br>PRIORY LIMITED|||||||
|Gross|book value||||||
||I January<br>and 31 December|10,084||0|10,084|10,084|
|Depreciation|||||||
||I January<br>and 31 December|10,083||0|10,083|10,083|
|Net book value|||||||
||31December 2020||||||
||31December 2019||||||
|TOTAL NET BOOK VALUE|||||||
||31December 2020|2,726|164,123|0|106,849|127,013|





## 

## 

## 

## 

||||||Unrestricted|Restricted|Endowment|TOTAL|FUNDS|
|---|---|---|---|---|---|---|---|---|---|
|4(c) INVESTMENTS|||||Funds|Funds|Funds|2020|2019|
|Tithe Chancel Fund<br>(Note 9)||||||||||
|CBF|Investment|Fund Income Shares||||||||
||1 January|||||0|27,546|27,546|23,205|
||Unreal ised|gain||||0|1,894|1,894|4,341|
|Valuation|at 31 December 2020|||||0|29,440|29,440|27,546|
|White-White<br>Fund<br>(Note 9)||||||||||
|CBF|Investment|Fund Income Shares||||||||
||1 January|||||0|26,202|26,202|22,073|
||Unrealised|gain||||0|1,801|1,801|4, 129|
|Valuation|at 31December 2020|||||0|28,003|28,003|26,202|
|Garden of|Rest|||||||||
|CBF|Investment|Fund Accumulation||Shares||||||
||1 January||||93,726||0|93,726|76,565|
||Investments|during|the year||34,806||0|34,806|0|
||Unrealised|gain|||11,236||0|11,236|17,161|
|CBF|Property Fund Income Shares|||||||||
||1 January||||36,782||0|36,782|35,850|
||Dividend<br>Reinvested||||1,392||0|1,392|1,942|
||Investments|sold during the year|||(34,806)||0|(34,806)|0|
||Realised (loss)||||(2,503)||0|(2 503)|0|
||Unrealised|(loss)|||0||0|0|(1,010)|
|Valuation|at 31 December 2020||||140,633|0|0|140,633|130,508|
|Lindop Legacy<br>(Note||9)||||||||
|CBF|Investment|Fund Income Shares||||||||
||1 January|||||0|109,803|109,803|92,501|
||Unrealised|gain||||0|7,551|7,551|17,302|
|CBF|Property<br>Fund Shares|||||||||
||1 January|||||0|28,213|28,213|28,974|
||Unrealised|(loss)||||0|(1,402)|(1,402)|(761)|
|Valuation|at 31December 2020|||||0|144,165|144,165|138,016|
|Parish Benevolent<br>Fund<br>(Note|||9)|||||||
|CBF|Investment|Fund Income Shares||||||||
||1 January|||||0|32,883|32,883|27,702|
||Unrealised|gain||||0|2,262|2,262|5,181|
|Valuation|at 31 December 2020|||||0|35,145|35,145|32,883|





## 

## 

## 

## 

|YEAR ENDED 31DECEMBER 2020|YEAR ENDED 31DECEMBER 2020|||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|TOTALFUNDS||
|4(c) INVESTMENTS<br>(continued)|||Funds|Funds|Funds|2020|2019|
|||||E||||
|Music Invested<br>Fund<br>(Note 9)||||||||
|CBFInvestment<br>Fund Income Shares||||||||
|I January|||0|28,326|48,855|77,181|64,721|
|Investments<br>during|the year||0|0|0|0|353|
|Unrealised<br>gain|||0|1,948|3,359|5,307|12,107|
|Valuation<br>at 31 December 2020|||0|30,274|52,214|82,488|77,181|
|Christchurch<br>Priory Building|Conservation|Fund||||||
|Sanlam Private Wealth|South Ltd|||||||
|I January|||0|359,546|0|359,546|284,789|
|Investments<br>during|the year||0|69,379|0|69,379|85,736|
|Investments<br>sold during the year|||0|(402,145)|0|(402,145)|(64,495)|
|Realised gain|||0|63,848|0|63,848|1,928|
|Unrealised<br>(loss) /|gain||0|(62,571)|0|(62,571)|51,588|
|Valuation<br>at 31 December 2020|||0|28,057|0|28,057|359,546|
|TOTAL AT VALUATION|||140633|58 331|288 967|487 931|791882|
|TOTAL ONSSALISSD GAINS I II OSSSS)|||11236|~60 623|15465|~33922|110038|
|TOTAL REALISED (LOSSES)/ GAINS|||~2503|63 848|0|61345|I 928|
|5(a) SUMMARY OF REALISED GAINS / (LOSSES)||||||||
||||Unrestricted|Restricted|Endowment|TOTAL|FUNDS|
||||Funds|Funds|Funds|2020|2019|
|Freehold Land and Buildings|(PCC) - Note|4(a)|0|0||0|94,712|
|Investments<br>-Note 4(c)|||(2,503)|63,848||61,345|1,928|
||||~2 503|63 848|0|61 345|96 640|
|5(b) SUMMARY OF UNRKALISKD||GAINS / (LOSSES)||||||
||||Unrestricted|Restricted|Endowment|TOTAL|FUNDS|
||||Funds|Funds|Funds|2020|2019|
|Freehold Land and Buildings|(PCC) - Note|4(a)|27,059|36,079|0|63,138|68,992|
|Freehold Land and Buildings|(PHF) - Note|4(a)|0|0|39,326|39,326|75,000|
|Investments<br>-Note 4(c)|||]1,236|(60,623)|15,465|(33,922)|110,038|
||||38295|~24544|54791|68.542|254030|





## 

## 

## 

|||||||
|---|---|---|---|---|---|
|6|DEBT|ORS AND|PREPAYMENTS|TOTAL FUNDS||
|||||2020|2019|
||Sundry|debtors||81,718|16,730|
||Prepayments<br>and accrued income|||5,353|3,847|
|||||87 071|20 377|
|7|LIABILITIES -||AMOUNTS FALLING DUE WITHIN ONE YEAR|TOTAL FUNDS||
|||||2020|2019|
||Sundry|creditors||(266,860)|(74,031)|
||Accruals and deferred income|||(20,459)|(22,156)|
|||||~2873193~96,187||
|8|STAFF COSTS|||TOTALFUNDS||
|||||2020|2019|
||Salaries|||213,937|208,796|
||National|Insurance|Contributions|12,362|12,644|
||Pension|contributions||6,237|6,047|
|||||232,536|227,487|





## 

## 

|||2020|2019|
|---|---|---|---|
|The|expense comprises:|||
||Parish Office|20,066|26,772|
||Telephone|1,399|1,483|
|||21 465|25 255|





## 

## 

## 

|The Parish's<br>buildings<br>(including|The Parish's<br>buildings<br>(including|The Parish's<br>buildings<br>(including|The Parish's<br>buildings<br>(including|The Parish's<br>buildings<br>(including|contents) were insured as follows:|contents) were insured as follows:|contents) were insured as follows:|contents) were insured as follows:|contents) were insured as follows:|contents) were insured as follows:|Sums Insured|Sums Insured|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||2020|2019|
|PCC|||||||||||||
|Church Hall:|||||||StGeorge's Hall||||2,800,000|2,704,000|
|Residential||properties:|||||15Wickfield Avenue||||344,218|246,976|
||||||||StGeorge's House||||387,745|280,653|
||||||||11Magdalen<br>Lane|||(Sold in year)||404,141|
|Priory House Fund|||||||Priory House||||5,015,160|4,600,000|
||||||||Priory Cottage||||706,961|527,628|
||||||||Old Stable Block||||304,014|294,017|
|12|TRUSTEES EXPENSES|||||AND|RELATED PARTY|||TRANSACTIONS|||
|Members ofthe PCC who claimed||||||expenses whilst fulfilling|||their|duties during|the year were|as follows:|
||||||||||||2020|2019|
|(a)|Clergy (including||the Vicar, Reverend RPartridge|||||and Reverend JEvans)|||||
|||During 2020|the|Clergy||received the fogowing:|||||||
|||Reimbursements||ofactual expenditure<br>(hospitality,|||||telephones)||4,255|7,048|
|(b)|Mr IPenny (PCC||member|||until 4October 2020)|||||||
|||Gross salary|||||||||24,056|31,216|
|||Employer's<br>NIC|||||||||1,470|2,420|
|||Ye Olde Eight Bells: Reimbursement<br>and goods purchased|||||||||54|197|
|(c)|Mr GRolls (PCC||member)||||||||||
|||Gross salary|||||||||22,928|20,832|
|||Employer's<br>NIC|||||||||1,491|1,358|
|||Pension|||||||||1,032|856|
|(d)|Mrs|H Hdgensen|(PCC member)||||||||||
|||Gross salary|||||||||29,489|28,534|
|||Employer's<br>NIC|||||||||2,024|1,180|
|||Pension|||||||||1,327|2,143|
|||Reimbursements||ofactual expenditure<br>(telephone,|||||general)||341|28|
|Transactions<br>with connected persons ofmembers ofthe PCC|||||||||were as follows:||||
|(e)|Miss|H Penny (Daughter ofMr IPenny)|||||||||||
|||Remuneration|||||||||20|78|



## 



## 

## 

## 

## 

|YEAR ENDED 31DEC|YEAR ENDED 31DEC|EMBER 20|EMBER 20|20||||||
|---|---|---|---|---|---|---|---|---|---|
|13<br>ACCUMULATED||FUNDS|||Unrestricted|Restricted|Endowment|TOTAL FUNDS||
|||||Note|Funds|Funds|Funds|2020|2019|
||||||||6|||
|Parish General Funds|||||20,912||0|20,912|22,605|
|Other Funds||||||||||
|Priory||||||||||
|Tithe Chancel||||4(c)/9|0|0|29,440|29,440|27,546|
|Lindop Legacy||||4(c)/9|0|0|144,165|144,165|138,016|
|White-White||||4(c)/9|0|0|28,003|28,003|26,202|
|Music Fund||||4(c)/9|0|30,090|52,320|82,410|74,978|
|Fabric|||||27,410|54,275|0|81,685|92,602|
|Conservation<br>Programme||- Phase 5|||12,908|0|0|12,908|26,709|
|Parish Benevolent<br>Fund|||||0|117,075|35,145|152,220|159,957|
|Bell Restoration|||||0|13,105|0|13,105|13,050|
|Children<br>and Youth Ministry|||Work||14,021|0|0|14,021|18,587|
|Choir General|||||0|4,350|0|4,350|4,696|
|Choir General<br>- Belgium Trip|||||0|3,395|0|3,395|3,395|
|Choir Training<br>and Education|||||0|4,698|0|4,698|4,678|
|Building Consetvation|Trust||||0|236|0|236|291|
|Building Conservation|Fund||||0|95,074|0|95,074|473,959|
|Pipe Organ|||||0|2,546|0|2,546|175|
|Capital Development|||||1,366,837|0|0|1,366,837|1,409,663|
|Minor Capital|||||13,165|0|0|13,165|108,753|
|Garden ofRest: Invested||||4(c)|140,633|0|0|140,633|130,508|
|Priory House Fund|||||0|235,202|0|235,202|201,622|
|St George's Building Fund|||||0|2|0|2|0|
|StGeorge's Fabric Fund|||||0|0|0|0|4,130|
|StGeorge's - Flowers|||||0|1,108|0|1,108|1,108|
|St John' s||||||||||
|Special Projects|||||0|1,250||1,250|1,250|
|Gue Legacy|||||6,813|0||6,813|6,784|
||||||1,581,787|562,406|289,073|2,433,266|2,928,659|
|Asset Funds||||||||||
|Freehold<br>land and buildings||||4(a)|747,059|536,079|2,769,326|4,052,464|3,950,000|
|Visitor Centre Development||||I/15|186,880|0|0|186,880|200,996|
|Fixtures and equipment||||4(b)|2,726|104,123|0|106,849|127,013|
|Christchurch<br>Priory Ltd|||||27,704|0|0|27,704|30,005|
||||||964,369|640,202|2,769,326|4,373,897|4,308,014|
|TOTAL ACCUMULATED|||FUNDS||2,567,068|1,202,608|3,058,399|6,828,075|7,259,278|





## 

||||Note|TOTALFUNDS|TOTALFUNDS|
|---|---|---|---|---|---|
|||||2020|2019|
|INCOME AND ENDOWMENTS||FROM||||
|Voluntary<br>income||||296,439|302,366|
|Activities for generating|funds|||138,893|263,025|
|Investment<br>income||||27,151|33,451|
|Church activiti es||||34,250|47,474|
|Other income||||210,207|2,520|
|TOTAL INCOME AND|ENDOWMENTS|||706,940|648,836|
|EXPENDITURE ON||||||
|Charitable<br>activities||||1,211,310|705,762|
|Raising funds||||27,970|73,173|
|Other||||26,394|30,213|
|TOTAL EXPENDITURE||||1,265,674|809,148|
|Realised gain on sale of|investments|||61,345|1,928|
|Unrealised<br>gains on revaluations||||68,542|348,742|
|NET GAINS||||129,887|350,670|
|NET (EXPENDITURE)|1INCOME|||(428,847)|190,358|
|BALANCES AT I JANUARY 2020||||7,258,966|7,068,608|
|BALANCES AT 31DECEMBER||2020||6,830,119|7,258,966|





## 

|BALANCE SHEET|||||
|---|---|---|---|---|
|||Note|TOTAL FUNDS||
||||2020|2019|
|FIXEDASSETS|||||
|Tangible fixed assets|||||
|Freehold<br>land and buildings||4(a)|4,052,464|3,950,000|
|Fixtures and equipment||4(b)|106,848|127,012|
|Investment<br>in Christchurch|Priory Ltd||||
|5 Xl ordinary<br>shares|||5|5|
|Loan|||30,000|30,000|
|Other investments||4(c)|487,931|791,882|
|TOTAL FIXEDASSETS|||4,677,248|4,898,899|
|VISITOR CENTRE DEVELOPMENT|||186,880|200,996|
|CURRENT ASSETS|||||
|Stock|||6,540|4,275|
|Debtors and prepayments|||86,286|19,634|
|Bank and cash balances|||2,156,319|2,229,633|
||||2,249,145|2,253,542|
|LIABILITIES|||||
|Amounts<br>falling due within one year|||283,154|94,471|
|NET CURRENT ASSETS|||1,965,991|2,159,071|
|NET ASSETS|||6,830,119|7,258,966|
|REPRESENTED BY|||||
|Accumulated<br>funds|||||
|Unrestricted|||2,569,348|2,736,506|
|Restricted|||1,202,372|1,518,958|
|Endowment|||3,058,399|3,003,502|
||||6836119|7268966|





## 

## 

## 

## 

|Historical|costs ofrevalued<br>|tangible<br>fixed assets||||
|---|---|---|---|---|---|
||||Book value|Valuation|Total|
||||30.11.2014|31.12.1997||
|Church Hall:||St George's Hall||132,968|132,968|
|Residential|properties:|15Wickfield Avenue||100,000|100,000|
|||St George's House||104,000|104,000|
|Priory House Fund||Priory House|1,264,866||1,264,866|
|||Priory Cottage|375,000||375,000|
|||Old Stable Block|125,000||125,000|
||||1,764,866|336968|2.1 ~1,834|





## 

## 

## 

## 



## 

## 



## 

## 

## 

||||TOTALFUNDS|TOTALFUNDS|
|---|---|---|---|---|
||||2020|2019|
|Church Overseas:|||||
|Compassion|||0|11|
|Relief and Development|Agencies:||||
|Mozambique||||576|
|FAM International||||289|
|Christian<br>Aid||||268|
|Mission Aviation Fellowship||||161|
|Home Missions<br>and Other||Church Societies and Organisations:|||
|The Children's<br>Society|||0|1,988|
|Christchurch<br>Food Bank|||316|592|
|Ordination<br>Candidates||Fund|0|311|
|Priory School Bibles|||103|301|
|Mothers' Union Away||from it All|0|272|
|Secular Charities:|||||
|Dorset Air Ambulance|||0|838|
|Julias House|||0|717|
|Crisis at Christmas|||111|545|
|Coast Watch|||0|430|
|Dorset Shrieval Trust|||0|407|
|Bournemouth<br>Hospital||Charity|0|213|
|Williams<br>Syndrome|||0|200|
|Hospital ofStMary Magdalen|||0|167|
|Clingans<br>Trust|||0|167|
|Water Lily Project|||0|151|
||||530|8 605|