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2021-12-31-accounts

Page
Report of the Trustees ltos
lndependent ExaminefsReport 6
StatementofFinancialActivities 7
Balance Sheet I
Cash Flow Statement I
NotEstothe Cash FIow Statement 10
Notes totheFinancial Statements 11to25
tietailedStatementofFinancialActivities 26to27

Exofficio Deanery Synodmembers
:
(St. George's)
John Chesworth (St. Chad's)
Katy Cornwell (St Cecilia's)
Christine Hickman-Smith, Hugh Richards (St. Cassian's)
Aley Richards, Colin Emeny (St. Mary's Stone)
P.C.C.Officers:
LayChairman:
Treasurer:
Secretary:		 Colin Emeny (unti124.05.21) John Chesworth (from24.05.21)
LynAston (notaTrustee)
Karen Modon (unti126.04.21)(notaTrustee)
Jane Chapman (from 26.04.21) (NotaTrustee)
St. George's Representatives:
ChurchWardens		 JanFerguson+Les Bishton
Elected Members
Standingdown in2022
Standing downin2023
Standingdownin2024		 John Griffiths
Rosemarie Moore
Robert Hudson, Tim Morris
St.Chad's Representatives
ChurchWardens		 Andy Tainton+Vacancy
Elected Members
Standing downin2022
Standing downin2023
Standing down in2024		 Peter Cooper
Stephen Duckhouse
Dave Underhill
St. Cecilia's Representatives
ChurchWardens		 Tony Bartlett(untilJune2021)+Margaret Hodgson
Elected Members
Standingdownin2022
Standing downin2023
Standing down in2024		 Shirle;rSurridge+DavidGridt
Jean Bailey (Assistant Warden)
Helen Grist
St.Cassian's Representatives
ChurchWardens		 Hugh Richards+Clare Stockford
Elected Members
Standingdown in2022
Standing downin2023
Standing downin2024		 Ed Roe (resigned October 2021)
Beth Richards
Anna Hanson
St. Mary's Stone Representatives
ChurchWardens		 Colin Emeny+Michael Gough
Elected Members
Standing downin2022
Standing downin2023
Standing downin2024		 Vacancy (filled by David Grist-StCecilia's)
Susan Laffey
Vacancy

Humberc on electoralroll:
202t 2020
StGeorgels 104 95
St Chad'$ 192 99
$tCeeilia'e 36 36
$tMary's 43 41
St Cassian's 80 7g
Total

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2021 2020
Unrestricted Restricted Endowment Total Total
Notes funds

t		 funds '
t		 fund
t		 funds
€		 fundst
INCOMEANDENDOWMENTS
FROM
Donations and legacies 2 243,045 262,747 505,792 481,439
Charitableactivities 5
Charitable Activities 47,609 47,608 27,182
Other trading activities 3 6,445 6,445 5,515
lnvestment income 4 486 2,302 2,788 3,172
Other income 6 7,049 7,049 10,121
Total 304,633 265,049 569,682 527,429
EXPENDITUREON
Raising funds 7 3,828 3,828 2,780
Charitableactivities 8
Charitable Activities 278,679 280,746 559,425 574,134
Total 282,507 280,746 563,253 576,914
Netgains on investments 928 8,198 9,126 4,019
NETTNCOME/(EXPENDTTURE) 23,054 (7,499) 15,555 (45,466)
Transfers betweenfunds 19 (26,110) 26,110
Netmovement infunds (3,056) 18,611 15,555 (45,466)
RECONCILIATION OF FUNDS
Totalfunds brought forward 604,731 89,012 4,459 698,202 743,668
TOTALFUNDS CARR]ED
FORWARD		 601,675 107,623 : 4,459 713,757 698,242
:
2fi21 2A2A
Unrestrkted Rest*ded Endownsnt Totel Total
funds
Notes
E		 funds
e		 tund
e		 funds
t		 tunds
e
FIXEOASSETS
Tangbhasses
lnr€stmenls		 14
15		 332,5S2
7,111		 65,706 3325e2
73,117		 3S8,562
63,991
340,003 65J06 tms,70g 422,553
CURREI{TASSETS
Se*s		 16 100 100 100
Oebtors 17 22,909 1,8:I9 21,71$ 41,133
Cash atbank 254571 111,22? ,1,#i3 373,253 352,317
277,680 116,062 4./t$g 398,101 3C3,5s0
CREOITORS
Arnountsfaltringduewi&inone
year 1E {15,908) frdr{sl {90,05:}} (117,C01)
HETCI,RRENT ASSETS ?s1,672 17,917 4,{ti$ 3&1,048 275,649
TOTALASSETSLESS
CUHRENTLIABIUTIES 601,675 107,623 4,459 713,757 698,202
NETAsSfiT8 801,87S 107.OZt 4,4i9 713,757 8S8,202
FUtrlDS '!9
Unestricted tunds 601,675 604,731
Rest$ciledfunds 107,623 8S,012
Endonme*lfunds 4,4aig /1,459
TOTALFUHBS 713,757 698,202

for the Year Ended 31s t December2021
2021 2020
Notes 8', e
Cashflows fromoperatingactivities
Cash generated from operations 17,148 (54,701)
Net cash provided by/(usedin)operating activities 17,148 (s4,701)
Cashflows from investing activities
Purchase of tangible fixed assets (3,270_)
Saleoftangible fixed assets 1,00;
lnterest received 163 515
Dividends received 2,625 2,657
Net cash provided by/(usedin)investing activities 3,788 (e8)
Ghange in cash and cashequivalentsin
thereporting period 20,936 (il,799)
Cash and cashequivalentsatthe
beginningof thereportingperiod 352,317 447,116
Cash and cash equivalents at theendof
thereportingperiod 373,253 352,317

RECONCILTATION OF NET ili{COME(EXPENDITURE) TO NETCASH FL
ACTIV!TIES		 OWFROM OPERATING
2021t 2020t
Netincome/(expenditure)forthereportingperiod (asperthe
StatementofFinancialActivities) 15,555 (45,466)
Adjustments for:
Depreciation charges 24,970 25,127
Gain on investments (9,126) (4,01e)
lnterest received (163) (515)
Dividends received 12,625-l (2,657)
Decreaseinstocks 100
Decreaseindebtors 16,385 3,265
Decreaseincreditors (27,8481 (30,536)
Netcash providedby/(usedin)operations 17,148
:		 (54,701)
:
ANALYSISOF CHANGESINNET FUN DS
411.1.21 Cashflow At31.12.21
t ft
Netcash
Cash at bank 352,317 20,936 373,253
352,317 20,936 373,253
Total 352,317
:		 20,936 373,253
:

2021 2020
Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
Donations
Gift aid		 e
178,849
36,039		 ttg
29,416
2,681		 -
-		 208,265
39,720		 f
164,407
31,849
Legacies
Grants		 8,041
20,116		 230,650 - 8,041
250,766		 285,183
243,045 262,747
:		 505,792
:		 481,439
:
Grants received, includedinthe above,areas follows:
2021
€		 2020t
BigLocal Trust 2,328
Big Local Trust (as Local Trusted Organisation) 201,188 228,092
Commonwealth War Graves 15 15
Coronavirus Job Retention Scheme 3,300 5,178
Listed PlacesofWorship 1,581 5,369
Stone Parish Council 750 750
Stone Parochial Charity 3,473- 2,403
The Friends of St Cassian's Chaddesley Corbett 17,830
The Midcounties Co-operative Community Fund
Wyre Forest District Council		 fi32; 250
22,968_
Historic England 7,906
The Wildlife Trusts 17,000
Limoges Trust 2,225
250,766 285,183
:

3. OTHER TRADING ACTIVITIES
2021 2020
Unrestricted Restricted Endowment Total Total
Fundraising events ftrnds
f
6,445
:		 funds
f
----		 funds
t		 funds
f
6,445		 funds
tlft:
4, INVESTMENT INCOME
2021 2020
Unrestricted Restricted Endowment Total Total
ftrnds
f		 funds
t		 funds
€		 funds
e		 funds
f.
Dividends 337 2,288 2,625 2,657
Deposit account interest 149 '14 163 515
486
:		 2,302
:		 2,788
:		 3,172
5. INCOME FROMCHARITABLE ACTIVITIES
Activity 2021
f		 2020t
ChurchHallletting CharitableActivities 8,660 7,031
Parish Magazine CharitableActivities 10,569 7,741
Fees CharitableActivities 28,379 12,410
47,648
:		 27,182
:
6. OTHER INCOME
2021 2020
Unrestricted Restricted Endowment Total Total
funds
t		 funds
t		 funds
t		 funds
f		 funds
t
Sundry 7,049 : 7,049 10,121
:
7. RAISING FUNDS
OTHER TRADING ACTIVITIES
2021 2020
Unrestricted Restricted Endowment Total Total
funds
€		 funds
t		 funds
t		 funds
f		 funds
t
Purchases 3,829
,:		 ---- 3,828 2,780
:
8. CHARITABLEACTIVITIES COSTS
Direct Support
Costs (see costs (see
note9)
t		 note10)
t		 Totals
t
Charitable Activities 554,685 4,740 559,425
:

DIRECT COSTS OFCHARITABLEACTIVITIES
2021f 2020t
Staff costs 3,752 3,777
Rates and water 150 309
lnsurance 9,956 9,633
Light and heat 11,282 14,212
Telephone and internet 1,114 942
Postage and stationery 2,131 3,342
Missionary&Charitable Giving 201,937 227,812
Ministry-Diocesan Parish Share 129,633 't58,337
Travel 635 625
Church Running Expenses 1,498 2,721
Church Maintenance 88,285 38,851
Churchyard upkeep 2,554 4,737
Clerical Assistance 42,538 40,860
Church Hall running costs 939 377
Subscriptions 1,854 1,775
SocialMedia 4,917 4,634
Upkeep of services 1,368 1,066
Youth work 785 77
Magazine costs 5,499 4,624
Education 143 385
Sundry 9,356 11,529
Verger, organist 3,350 4,860
Professional fees 6,039 8,991
Depreciation 24,970 25,128
554,685
:		 569,604
SUPPORT COSTS
Governance
COSTS
t
Charitable Activities 4,740
:
Support costs, includedinthe above,are asfollows:
2021 2020
Charitable
Total
lndependent examination Activities
tt4,740		 activities
4,530

2021
t		 2020
t
Wages and salaries 48,384 47,587
Employer pensions 2,295 2,321
Total 50,669 49,908
The average monthly number of employees during the year was as follows:
Average number of employees 2021I
:		 2020
8

Unrestricted Restricted EndowmentTotal EndowmentTotal
funds
t		 funds
t		 fund
tt		 funds
INCOMEANDENDOWMENTS FROM
Donations and legacies 227,639 253,800 - 481,439
Gharitableactivities
Charitable Activities 27,182 - 27,182
Other trading activities 5,515 - 5,515
lnvestment income
Other income		 862
10,121		 *1;_ -
-		 3,172
10,121
Total 271,319 256,110 527.429
EXPENDITUREON
Raising funds 2,780 2,780
Charitableactivities
Charitable Activities 311,316 262.374 444 574,134
Total 314,096 262,374 444 576,914
Netgains on investments 417 3,602 4,019
NET TNCOME(EXPENDITURE) (42,360) (2,662) (444) (45,466)
Transfers betweenfunds (5,ee3) 5,993
Netmovementinfunds (48,353) 3,331 (444) (45,466)
RECONCILIATION OF FUNDS
Totalfunds brought forward 653,084 85,681 4,903 743,668

13. COMPARATIVES FOR THE STATEMENT OFFINANCIALACTIVITIES COMPARATIVES FOR THE STATEMENT OFFINANCIALACTIVITIES COMPARATIVES FOR THE STATEMENT OFFINANCIALACTIVITIES COMPARATIVES FOR THE STATEMENT OFFINANCIALACTIVITIES -continued
UnrestrictedRestricted
funds
funds		 Endowment
fund		 Total
funds
ttt E
TOTALFUNDS CARRIED FORWARD 604,731
:		 : 89,012 4,459 698,202
:
14. TANGIBLEFIXED ASSETS
Fixtures
Freehold and
property
t		 fittings
t		 Totals
e
COST
At1stJanuary2021 195,450 333,258 528,708
Disposals (34,7941 (34,794)
At31st December2021 195,450 298,464 493,914
DEPRECIATION
At1stJanuary2021 48,831 121,315 170,146
Charge for year 3,909 21,061 24,970
Eliminated on disposal (33,794) (33,794)
At 31st December2021 52,740 108,582 161,322
NETBOOKVALUE
At 31st December2021 142,710 189,882
:		 332,592
:
At 31st December 2020 146,619
:		 211,943
:		 358,562
FIXEDASSETINVESTMENTS
Listed
investments
t
MARKETVALUE
At1stJanuary2021 63,991
Revaluations 9,126
At 31st December2021 73,117
NETBOOK VALUE
At 31st December2021 73,117
:
At31st December 2020 63,991
:

16. STOCKS
2021 2020
E t
Stocks 100 100
:
17. DEBTORS:AMOUNTS FALLINGDUEWITHIN ONEYEAR
2021 2020
€ t
Other debtors 2,107 5,968
Tax recoverable 14,056 19,852
Accrued income 4,579 1,201
Prepayments 4,006 14,112
24,748
:		 41,133
18. CREDITORS:AMOUNTSFALLING DUE WITHIN ONEYEAR
2021
f		 2020
t
Trade creditors 3,010 4,475_
Social security and other taxes 55
Pensions 381 395
Deferred income 79,908 '100,629
Accrued expenses 6,699 12,402
_:9011 ,,rB*

MOVEMENT IN FUNDS
Net Transfers
movement between At
At1.1.21
tt		 infunds funds
t		 31.12.21
t
Unrestrictedfunds
General fund 468,655 22,481 2,259 493,395
StChad's CafeFund 3,114 80 3,194
StChad's LegacyFund 14,131 (11,869) 2,262
St George's DCC - Roof AccessFund 43,000 (16,500) 26,500
Parish Office-Leswell StreetFund 75,831 493 76,324
604,731 23,054 (26,110 ) 601,675
Restrictedfunds
StCassian's Church BellsFund 1,505 (45) 1,460
StCassian'sE.Pratt Fund 7,821 960 8,781
St Cassian's GreatwichFund 22,520 2,481 (1,565) 23,436
StCassian's John Giles BellringerFund 916 83 999
StCassian's Mills Children's ActivitiesFund 2,226 278 2,504
StCassian's Mitchell Charity 3,449 335 3,784
StCassian's OrganFund 632 401 (1,033)
St Cassian's William SebrightFund 20,871 1,561 22,432
St Chad's RepairFund (11,869) 11,869
St George's DCC-Choir and OrganFund 440 440
StGeorge's DCC-General PurchaseFund 250 (60) 190
StGeorge's DCC-Knit and KnatterFund 379 (37e) :
StGeorge's DCC-Macfarlane Fund 12,946 1,636 14,582
StGeorge's DCC-RoofAccessFund (2,906) 16,839 13,933
Parish Office-EmilyJane BrooksFund 1,484 16 1,500
Parish Office-MaryWilcoxFund 9,925 9,934
St Mary's DCC -Bell/ Tower RepairsFund
St Mary's DCC-Corner CafeFund		 3,248
400		 : : 3,249
400
89,012 (7,499) 26,110 107,623
Endowmentfunds
St Cassian's EndowmentFund 4,459 4,459
TOTALFUNDS 698,202
:		 15,555
:		 713,757
:

Net movementinfunds, includedintheabovea reasfollows:
Incoming
resources
€t		 Resources
expended		 Gainsand
losses
t		 Movement
infunds
L
Unrestrictedfunds
General fund 303,304 1281,2951 472 22,481
StChad's CafeFund 1,292 (1,2121 80
Parish Office - Leswell StreetFund 37 456 493
304,633 (282,5071 928 23,054
Restrictedfunds
St Cassian's Church BellsFund 36 (260) 179 (45)
St Cassian'sE.PrattFund 183 (110) 887 960
StCassian's General RepairFu'nd 3,225 (3,2251
StCassian's GreatwichFund
StCassian's John Giles BellringerFund		 487
21		 (40s)
-?		 2,399
102		 2,48;
83
StCassian's Mills Children's ActivitiesFund 46 232 278
StCassian's Mitchell Charity 57 278 335
St Cassian's OrganFund 401 401
StCassian's William Sebright Fund 485 (1,269) 2,345- 1,561
StChad's RepairFund 24,223 (36,092) (11,869)
StGeorge's DCC - DY10 Big Local 201,188 (201,188)
StGeorge's DCC-General PurchaseFund 290 (350) (60)
StGeorge's DCC-Knit and KnatterFund (37e) (37e)
StGeorge's DCC - Macfarlane Fund 418 (s58) 1,77;- 1,636
StGeorge's DCC-Roof AccessFund 32,614 (35,520) (2,906)
Parish Office-EmilyJaneBrooks Fund 616 (600) 16
Parish Office-MaryWilcoxFund 9 9
St Mary's DCC-ChurchyardFund 750 (750)
265,049 (280,746) 8,198 (7,499)
TOTALFUNDS 569,682
:		 (563,253)
:		 : 9,126 15,555
:

Comparativesformovement infunds
Net Transfers
At1.1.20
ft		 movement
infunds		 between
funds
t		 At
31.12.20
t
Unrestricted funds
General fund 515;073 (40,425) (5,ee3) 468,655
St Chad's Cafe Fund 3,980 (866) 3,114
StChad's Legacy Fund
St George's DCC-RoofAccess Fund		 15,712
43,000		 (1,581) 14,131
43,000
Parish Office-Leswell StreetFund 75,319 512 75,831
653,084 (42,360) (5,9e3) 604,731
Restrictedfunds
StCassian's Church BellsFund 1,389 116 1,505
StCassian's E. PrattFund 7,372 449 7,821
St Cassian's General RepairFund 1,044 (1,044)
St Cassian's GreatwichFund 23,420 (e00) 22,520
St Cassian's John Giles BellringerFund 852 64 916
StCassian's Mills Children's ActivitiesFund 2,156 70 2,226
StCassian's Mitchell Charity 3,269 180 3,449
St Cassian's OrganFund (6,423) 7,055 632
StCassian's William Sebright Fund 19,901 970 20,871
StGeorge's DCC - Choir and OrganFund 440_ 440
St George's DCC - General PurchaseFund 250 250
St George's DCC - Knit and KnatterFund 379 379
St George's DCC - MacfarlaneFund 12,202 744 12,946
StGeorge's DCC-Roof AccessFund 18 (18)
Parish Office-Emily Jane Brooks Fund 1,542 (58) 1,484
Parish Office-Mary WilcoxFund 9,872 53 9,925
St Mary's DCC -Bell/Tower RepairsFund 3,248 3,248
St Mary's DCC-Corner CafeFund 400 400
85,681 (2,662) 5,993 89,012
Endowmentfunds
St Cassian's EndowmentFund 4,903 (444) 4,459
TOTALFUNDS 743,668 : (4s,466) 698,202
:

Comparativenetmovementinfunds,included in the above areasfol lows:
lncoming Resources Gainsand Movement
resources
€[		 expended losses
t		 infunds
t
Unrestrictedfunds
General fund 268,727 (309,364) 212 (40,425)
StChad's CafeFund 2,285 (3,1s1) (866)
StChad's Legacy Fund
Parish Office - Leswell StreetFund		 307 (1,s81) :
205		 (1,581)
512
Restrictedfunds 271,319 (314,096) 417 (42,360)
St Cassian's Church BellsFund 35 81 116
StCassian'sE.PrattFund 180 (107) 376 449
StCassian's General RepairFund 1,762 (718) 1,044
StCassian's GreatwichFund 470 (2,450) 1,080 (e00)
St Cassian's John Giles BellringerFund 21 43 64
St Cassian's Mills Children's ActivitiesFund 45 (7e) 104 70
St Cassian's Mitchell Charity 55 : 125 180
St Cassian's OrganFund 20,709 (27,132) (6,423)
StCassian's William Sebright Fund 476 (500) 994 970
StGeorge's DCC -DYl0BigLocal 228,092 (228,092)
StGeorge's DCC - General PurchaseFund 1,258 (1,008) 250
StGeorge's DCC - Knit and Knatter Fund 820 (441) 379
St George's DCC - Macfarlane Fund 362 (417) 799 744
Parish Office-EmilyJane Brooks Fund 622 (680) (58)
Parish Office -MaryWilcoxFund 53 53
St Mary's DCC - ChurchyardFund 750 (750)
St Mary's DCC-Corner CafeFund 400 400
256.1'l0 (262,374) 3,602 (2,662)
Endowmentfunds
St Cassian's EndowmentFund (444) (444)
TOTALFUNDS 527,429 (576,914) 4,019 (45,466)