Reglstered charlty nnber 1131372 LANCASTER PRIORY AND PARISH CHURCH OF ST. IAARY ANNLIAL REPORT AND FINANCIAL STATEMEpirs OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEPABER 2021
LANCASTER PRIORY AND PARISH CHURCH OF ST. MARY ANNUAL REPORT AND FINANCIAL STATEMeNTS FOR THE YEAR ENDED 31 DECEMBER 2021 INDEX Annud Report 24 Independent Examinerfs Rewt 8tslem•nt of Finndal Actp4ib•s 10 88lancg Sheet 11 Nots8 to the Flnandd Statem 12-21 Page 1
LANCASTER PRIORY AND PARISH CHURCH OF ST. MARY ANNUAL REPORT OF THE PAROCHFAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEIABER 2021 Adminl•tr•ti%• Informatlon The Parothial Chwc Coundl IPCC) of ts Ea6C P¥iBh ol St Mwy %wlh St Jcth & St Lanc#w li a tharity registeied with thg Charity Comml8sh)n as by the Ch¥dies Ad 2011. The tharity is u8ualty knovm as Lancaster Priory and P¥i5h CIN ofst Mary PCC. The wistered Chanty number is 1131372. Lancaster PrEory and P8fth Church w) St G. Lancar a1 is part rfthe of Blxkbum the Church of Engkqnd. PCC memb8f9 (W arn tho trustees of tlw dwity) x> hav8 w¥ed from 1 Jwuary 2021 unlll tho dakn r•port was sppmed are: In Revd C8Mn C W rnymd 02.03.21 tsd 08.09.21 IArn L C Khley Cwi C Mullin••Jx VI 4•tr to30.05.21 from 30.0&21 Mr A M Nlchol8 MrDJR•dm DrA E Cart•r Prof8w R G C•rt•f Dame P B A Gardrnr Mx K WIkinrt. Robw Traalu MrnCAHil Mr A J H•tsrfi 28.03.21 28.1X.21 frw28..2I MrVL& to 30.0&21 To sorye unWAPCM 2022 Mr S T Birse MrB S J Ethwd• Mr8 8 D Rob•rt• MrJNWWk fffjm 30.05.21 To serve unblAPCAI 2023 Mr8 M E Davil Mrs S M Hulthn• Dr J D Lehis Mrn VJ Pwson Mr D J Rethor• 10 30.05.21 To 8eTh6 unNAPCM 2024 fiDm 30.0&21 fvDm 30.0&21 MrJGMWrtt P*Je 2
LANCASTER PRIORY AND PARISH CHURCH OF ST. IJARY ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2021 Admini•lrntiv• informatlon {contlnu•d) S W Ffvwwgan FCA CTA Scott & Wilkinx 9 Oatton Square L411VVD 38 Ma•t Strept LA11HR G4F Bank Urrthd lQrvJs Hlll W•st Mamry ME194TA Ol•trw8, & Glllknrnnd 18 Ca811• Pwk LA11YG Day to day m8nag•rnwt w•$ d•l89Oted to tho IngJmbMt, Re¥d C W Nth¥land$ unw 2 M•rth 2021. to th• churchwrd8n8 dudng th• vacary thw¢ to Rtr4d L 8 Vaw-S•Jndern from 8 s•pt 2021. Thfj Parothial Church Cc#Jndl l• a (¥>rpor• body •8tsbli¥hed ty th• Ctmxch of England. Thè PCC oFats¥ urKlw the P4rochi41 Church Councll M•a8urè. Th• PCC r•L¥Stwed ith th• Chwty Commimion 29 Augu 2009. The m•th¢d ol apOntrn•nt of PCC 18 ••t ¢¥Jt h thè CPMJrth Rewe8entskn Rul••. Al Chwch attend0 arn •ncourag•d to rngi8tsr on thg Ele¢tor•l Roll 8t•AKI fcf a¢1+ to th• PCC. Memb8rs of th• PCC ar• •liher ex officio or eleLed ty NnUal Churth PAg•ling IAPCM) In accordance I Church R&pre8entsUon nl••. Each m•mb•r Ihtiir seat for 3 Jw•. On• Ihird of Il d•¢l•d member• of lh• councll r•tiro •ath year. The PCC m•mb•r• are rewmlblo for Ththlng on al rn8tt of gra1 corKem and Imwtance to the p8rf•h Indudlng dgddlng how the lund8 ofthe PCC are to bo •p•nt Th? PCC h•$ Yldo r•sponsbililie8 and h88 committees and groups whlch betrmn th• regular meètiw# of the PCC •KI r•FKYl bac to the PCC. •ath deah'ng ith a parocular o$peGt of p•rf$h Ufo. The folluwtr orouy h8 ts0 dwlng tho yw. m••tings, SU¢1 to 4ny directmjno given by ts PCC. It ¥l•o rec•4w ¥nd c¢nkn repts concemlrvJ th• fabric of th• building and ¢hurch fInan8. Th• Pri Min conjuncion th th• Tr•asur•r, has responsibil6$ for t#Ageting arKI a160 asse55ww othw nOn4ntrry r880urc4$ available. The Pra Lr & s luèi look8 at the devekyn8rt of varK)us asp8cts and an¥ Lent acti%rybo8. The ommuni rou looks to d•v•lop links vari8 ¢arilies SUpptj through drItae givln9 progf8mme. The Grou looky at dl 8sp•(s ol m8inl•irir4 th• tdId. Al ar• inNryt•d ) a PCC mgeling to rewt on their a¢tiviiies. The Bookshop funds form part of the ros(xYw of the PCC inc*JJed in thts8• fHwiaal #latem. Thg txiokshop has nol In operaticffj duri the year. Pw3
LANCASTER PRIORY AND PARISH CHURCH OF ST. IAARY ANNUAL REpoFrr OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2021 18k During the year the PCC has continued to a88ess Varic ffAior rth ¥eas have impact on the wrk of the ChuTch in the parish. We have a Chd Protethon Adulis Poly in pl. a set offfinancyal woceduFes for montioring on monthly basis the arJal resuK5 compared to the a1 rogular inspeLon5 to monitor the ¢dÈts0 of the building. In additsc. lleallh & Safety matter8, firn rlsk. insUrCe CA)¥W •KI seaHity coTr lo be ravwpd on an 0n9 basis. Alm •nd purposes The Parothial Churth Council IPCC) has the resF1bfity of r>>opwry wilh the inGumber¢ Rerfd L Va3ey-Saund¢rs, in omoling in the ecdesia5tical parish. the Miss[ ofts Clmwch. Past. evwvJetsstso soL¥al and jmniCa1. Oblootl¥g8 and aGtlvltl•s Lancaster Priory 18 a VcOMIng. tru¥e, Christian c(rnunity. serbryng Ihe of L8rwter. The PCC is LyJmmitte¢J to enabling 88 mary p8LWe as possible to tAy)rslNp at LarK Priory to beLxrfn¢ pwt of the parish communty. The PCC maintains an overvivw Of5t1P and music wd servKes rev1thd on an ongoNig basis. The Commission's guidance on pU1C bentft ar#J. fft p¥iKiilar. the swplellry guidèr on dwthes the advanrnent of relig> has been ping the acts for the year. lft patt74r. w& 0mOte a parish ¢))mmunity which INes out its flh th1. Worship and wayer. Provision of pastoral re for peoFle 1rvj in the - Mission and OLrtrea¢h wth. The Church is rMallY open ¥even days a to a4 to rt atterKI •ny of the mid thek or SuKlay semces or Spend time in private prayer. The Churth is awalable for Ccxnm gr(xip, 8chod8 cyganisations to use for special 8eNos, events and conc•rts. A¢hle¥ements and p•rfomMn¢o and Dtjring 2021 the Pklory offergd a rarvJe of services durirwJ Ihe Eek and ov¢r Ihe year. some by Irve stream lY due to the constraints imposed by the ongoing CorOnawn parthmi Hoty Coivnun)n {BCP}. Prhyy Eucharist wth ¢hw and Young Churc {CW and Choral Ewsfflg IBCPI SurKlay ilh a FaTh serv held on Sunday aftemoons per month, Tuesday morning Eucharist IBCPI, wed 1chIlMe EL¥&wi5t Vlth rAayus for healiro. daity morning prayer. wphany, Advent and Christmas Carol Services. MtdnvJht Mas5 and Servi other speaa days the Church year. Wedding. fvneral and baptism swvices Tegulwty le pFace 7A41h speua servi for local sd$ srKJ other groups as required. particulaty during the Chtistrnas period. The has ftwntlhat ¥tngS hav• beèn red unUI 2022 and ¥ome 8dwl ¥eTrices wyre ¢¥Kded. There wer• 163 names on ts ele(knal roll at 31 DM1 2021. The wMag8 reguLv pekly attendance ctAJnled dyring Odober wa$ 257. NUrnr5 atterKlirvA the CaAI4 SwvI aTrJ Midntght Mass fe rw6trithd due tr) ntinUed caution around the ongoing pandern. It Wa8 Pble to hohJ a chrl5tiThJ SeThKe cffj Christsnas E¥9 ¥ith Testricted numters and also a new Cdb SeThke. Regular emaits entilled Pruxy Pe at Prnyw bagn ClIated Ilwoughout the )tarto all th08e on the mailing list. In nomiol time$. th8 ¢rgy team t(¥ether lIh pastor81 ore a8818nb r8gLW Y4ii the si( and IxNJ8ebcrtYKI montsrs of the congregab'on to celebrate cornmunK)n, induding in earg holS. During the orwng pandgmic wh8n visit¢ng hasn't always been FM)ssible. ¢*t8(a ha8 1)wi Matred ty ph L¥U8, e8pe• io ts rrrt vulnerable members of the eongregatw)n. Diocesan y10n 2026 The Vision 2026 Gp. made up olfour PCC been ILxJkwYJ at the PCC can be more fvlty ongag8d th the Vision and rekwrts to the PCC * oach moeling WTth updates frLxn the Diocwe. Page 4
LANCASTER PRIORY AND PARISH CHURCH OF ST. AIARY ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 A 8et of three leafflets are avdlth tr vs8iior&" 10 FWlwJhts ofth? Prw, Sn Wak arKI Stsingj GI Walk a8 wèll a8 8hort guides wodu¢d In a rrtKnb8r of Fryag85. The World and Comnwnity Group has eOSh six drIll05 th& PCC agre8d to SUPFQrt from our Charitable Giving Programme. Irrformation atsrt the ch¥¢$ 18 1mallY thsplay&J in thurth, f•aturing a drflerwrt Charity each month. Rew88entotives from the tharlues are wNit•J atterny tho 10.00am Sunday ser¥Ke to speak about th• work of their partilar tharrty but the CororA¥lru8 ha8 maarrtthattrds tro8 been pomibb in 21r21. Gifts of frull •nd v6golabl81 rec1¥ attro H•$t Fethl li O(lobw ts) trK)8• nood. Th¢ Pri¢xy Commun worf¢er ha8 conlInl to rrk ¥wy ck)•rty ilh tho M•r•h CorrwNnlty C, • 411 Charfty In th Mar8h Councm Estat•. ar¥J area of ¥od¥l deprivats. Thè communlty ther vl•h 18ol•t•d folk on the 1. but the mty of her work ll ba••d around ¢)rg•ni•lng and l•dkw, wllh the Wp ofvdwrtm. 4 mgfjt e¥wy I0k at th• Cixnmunity C•ntr•.' Thi8 ladi88 friéndship group m••ts to th•( p bogrd gam )d WFI>t othw. Th• m•lfty of tho members ore elderty 8nd qu6te18olaled or 81gnllkant m141 prrthnm. V4Trwi Covkl ratel Nv•re hwdh the gro met oylwde or o¥tr Zoom. Thi8 9roup18 as much abotrt friendship a8 it i¥ about slrqlng. A Clw?•tm# Cwol held but Covid rates re hlgh the group mgt ¢)vor Zoom for a qu4 oul8th for a t or in8id• t#Jt ilh rn iirvJing. This group stopped at the bogknning of th• Covkl tbrO#k, Ststsd a98ln In the 8ummor of 2021 moèting OLrt8ldg In Ihg C8nh prnds. Tho group nryw m•8ts And h•• le fri•nd• gny4V. A loral bllnd and disabled Sady wa8 Very ke•n to thrt INI •0 tr• £xxrnx)ity ¥th•r wv)urnp8d I? ta to th• Contrè Manager and tcgeth•r th•y 8tsrtod tho group wi Nownb•r 2021 . Fri Th• Centre Manager askèd tho communty IrkrI1 thè QUId •tArt and Ch4lr group of 9 poople. Memr3 thally or are regularty In¥Ved in th• C•ntre and arn1. It bwi very wfut to have tr local City Councillor on th• Crynmittee. Ttte group 3tartgd kn 8gplgmb¢r 2021 aThJ ha• m•t iwk* a iorm to diu th• rwd• of I ar Centr• •nd hau br•<I to 890 ¢hang•. Page 5
LANCASTER PRIORY AND PARISH CHURCH OF ST. PAARY ANNUAL REPORT FOR THE YEAR ENDED 31 DECEhlBER 2021 hlgVom•nts and porfornwnG• (Gontinuod) Revd Chris thalK conducted his final sop4irM before ret1rt on 31 Jarnsary. Church was dosed due to the pandemic Chris was shtywn and postod on the PriL¥y FaL%book pap8 fdltyAirwJ the serNryc. Evory moming during Lent, a re1k)n on o p888age or veTBe from lh8 Bible havww SparA m•onlng during the pandemic wa$ written by rrmberd of tho Congregati of all 4e8 and em8ibed via lory Peopbe Togellw. Tr• for Lent Groups held via Zoom over Ilve ¥3 was Tr EUdWr using th• prirn Cowo0. The Blg Hlt Appeal vas launched in June. Durmg Jur and Juty var5 fund fal0 plaL a Cft Day was held In an effort to r8covor 80me ofthe losts8 8u8lain•d duihig the pan. A ¥Je¢ial service tC)k F4acè on 8 SeF4ember to in Re4yl Leah Va8ey4a4MMlw• as Vlw ofLarKa8tsr to weloca)x h to the parish. Two 8xhlblt6on$ wgre hold in LarKastsr Pdory over th ThretB Cr•91K ckning O¢ob8r and MumwraknnB In November. B¢)th altracted a nnbel olv1. Ught Up Lanter retymfjd in Novembe Lancar Y on( agth a bwu•for oftho In•lalakns. The coffee shop ntinUed to off•r rgfreshmerrt8 at the badE of chwth. observiro 8ou•l dlsthndng rul•$. when the Saturday Coffeè Concerts re atrAe to tak• P and also Prov barfa)lili for events vknith wer• able to take place during the year. De8pll• the many restsidons irnpo8ed by th6 p¥thm& We dellght•d that wa havè malntalnod cml 8ervlces at the Pflory Ihr¢)ughout 2021. Small grouFX of singerj wer• 8till ldIng wjng worship * the rt of the yeor and il wasnl until April Ihgt were able to resume rehearsals wrth th• tw8. g1rts' treble lin. At thL8 Bt•ge, chwlsters w8re SYII unable to take part in k•s, blrt 41 wo8 good to have ektry contact llh them. Re#trhth finally 6a8ed July. and Ouf fin818eNk ofthe cholr year was 4 Sl1Y di•tsnced outdoN Pr• In th? churthy4. Wlth the 8rr6val of the 8cadomk . ww• be ablo to W back to our u8uJl routinè with all $1nger8 Involved week by %vaek. ¥Ath our nom)al c>)mmllnxnt to sef¥icei. the Fti1 of s took In Sept8mb8r, wmh lots of concerts. Indudng a com&an&8lng p•rftyman ot H•ndd'i '1111•h. vlith gingern from acros• Lancashlre and South Cumbria. Our FO¥01 vol at the olthè ••k • ¢xl•brnkn of hYMr frryn throughout the churd) alendar. making up frJr the lost $u¥Jing fwthinlls for ljoth Kr rxre9ation', thi¥ Cert fè8tured now orche8tralion$ of w•ltskno4vn hymns by Don Glirth aknrnr Hulon. Al•x Petenb. Pip Alpkn and Reub•n Vaw-saundors. The annual Chrtstma8 Spectaujlar corKwts t¢K* pl th&)k8 to 8 fJfjngrouB donalim a m•mb8r of th congregation. Included a rth¥ work tholr and by OlpAr Twrw. setling the poem Thg night b•forn Christmas.. We continue to enhoy havlng 18rg• numb•r¥ of WKlèrgr4thJ7te 798 frryn Unlvwwty thoir. Thèse wilor choral scholars make a Ir•m•ndous c¢nthlxAlon to the mu8Th1 IK• ol th• and V•t are gr8tefvl for all their effort8, W• a180 cunenuy hav• th1 orgon 8dKJlarB geMrcMJ I1•d by ts thMry al LarK8ler Bw)•¥d8nt Fimd.. two xhtr)149• junlor 8cholarB ond I9 undwgraduate senior sctrdar. Staffing remalns stsblo, and the tholr thrector Is wateful to the Orga1t for all tm8 excellerrt vxk. to Iho two lutorn wh) teach our ch)ro1 schol4TS. and ts Concerts AdnNni8trator for Iw $1oding wo. TM? ¢fr (tinu0 to min9e tho library and the tholr rob•s'. knportant tasks erAwo Ilw oltm ¢th. Pe9e 6
LANCASTER PRIORY AND PARISH CHURCH OF ST. IIARY ANNUAL REPORT FOR THE YEAR ENDED 31 DECEIABER 2021 Achi•vem•nts •nd prf0rnthft (ttl1 hu January lo April - Young Chuth did rrfrt rneBt in gw the 10am Ehlt w¥e. Chlklren pmlded 8th"vi11gS to do in the pews. The activibes usualty lired in 7Mlh Ihe l¢¢tsiary. Duiuw Ihe East•r HdKlay providgd an Ea$tsr Trail around th¢ Priory grounds was very attend. May to Augu8t- Young Churth mat ¢yJt8ide a$ an AlkAge grcrfy in tho ¥i¢wwJe garden. We folloj the outdoor CurricuM provided by Blackbum Diocese called Ouldocff Expkrn¥. TN• c¢w¥• thrn and durtfYJ lim8 the ieaming d•parted from le¢onary-ba#ed res(%8. From Septemter onwwds we resum YourvJ Churth gr(MW8. We to run wrxp8. The youn9•St children meeting the Rgfertory arKI the dd•r thllthen meding In the Uppw Prfory Hall. We used a c4Mnbination of the Roots thè Web rosolwoe and the Blackbum DIe8¥ WeeklyQ. The Young Cttufch childr•n who ltidpath in th8 admiBwJn to Cgmnxxw b6for• 0rMalk mot wgions al tho boginnlng ofth• y•Ar ¥ia Zoom. Tlw had thw Fnt H(ty C<Thnunth In May. Con mia A small numb•r of chlldren from YoLsng Churth joKd thè cOnfvn Clats In Septsmbw. Th••e re ¢hlldren vtho had alroady tsken part In the Firnt Hoty Conynunéon. We foknd a fyJurn• caw Fdth CtIm by Potsr JAckJon. Th• Confirmation Sanilce to)k pl•c4 in OGtobw. Th& 4pm Famlly Sale& ntInu•d regularty from Jangry tr) AU Thk• wdl att•n(led ar h•d many of the Young Chur¢h children taklng on an role in th• #wvi. There t¥w 4pm wvicM b•knen Septembor 8nd Dec8mb•r. Th•r8 have been relatsVe few sthool 811 over the &)ur80 of the yax. Th18 wa$ mainky to th• 1ClI0n8 Vdhlch hod been put In place du• to the pandemk. HN•v•r. wo dkl have Sd ¥i86tiTrJ from S•ptemhr onward$. Mo$t $chool8 Yr0 ¢4xnblnlng a vlslt to L8nc Castle 7Mlh LatK•stsr Prw on th• th•m• of Crim• and Punl$th•nt. Thè148t report in Marth 2021 d88¢rlb•d hrMT Seed Iwd add ta tha8ltslly d6ff•Tgnt (XrurnL9rl lo beoJm• * m•al d•lNgry service to th08e vlthcm the City Coundl had h¢••d In •mw9w rrOatson during tho nter of 2020f21. Th18 dellvery wvk• of m•#l8 In mkfowa¥ell(w• (nIkn 27th 2021. round brttr• d•te vthen the odglnal Muslafd S••d mtral• In th• Prlory pauw for th• •umm•r. gy th• autumn of 2021 th• g•n•ral f•oling #rrn)TvJ the ¥olunloeTr WaB thal It Uld stll not be p)sslbl8 to r0M to our 0rt9lnal mode of operallon and alw that the maiorty of drW¥ were not ab to tiThutt with d1Vert•S on winter nlghts. Tho appointment of a nv4¥ Vrar ol Lan¢•ster also soemed a polni at to r&q88•M the Mu•tard Seed op8ralion in th• context of •eTric•s lo the'hrrtmed ljom•kn•8' are•. Bth Chri¥lmas the Vkar cOUraged an inibats¥e wthlch in¥(kn marry S••d bY4unteerg arKI contribuuons from the congregation as a WI0. Th18 Iwk the fomi of oppeal for ChrisiM food aTrJ other 'treats' vthi¢h could then be d•liveTed lo raupients In the parish. espeoalty the PA1. There wats a yn•rous resp(se, 80 on 15th December a 'prodLbCt¢on line. ol volunleern pad(ed about 30 b891 with a Var of suilabl• items. These er• then delivered to Wlllow Lane and Dallas Road Srtwls, WI o)uld identify rnedy fdIeS, ID r•fLV5 •ThJ to the fvlarsh Communty Centro. Many voluntegrs wgre very glad of the OFfKNttinty to make a C¢nIrl and iThJeed lo orK• again feèl part of th• vgry S¢185 Mustard Segd tsam h88 grtrKI ovgrthe yeaTr. ILmche$ in Ihe Refectory, wgc•dad by a Short se1¢• and Op to au. Each w••k W to have from group8 1ndlIng FISH (Falth Grp$ in Supwt ofthe Homeless) and fr(m pIen1¥es ofcttw bJ1¢S suth a5 the Olive Bran¢h Food Bank and the Lancaster Th'ict Homeless Ser¥t¢ al E(P*wd Street Page 7
LANCASTER PRIORY AND PARISH CHURCH OF ST. MARY ANNUAL REpoFrr FOR THE YEAR ENDED 31 DECEMBER 2021 Financial roview Total ¢01p1S on unrestric18d fvnds were £537,800 which induded £81.472 from nStn"¢t&l planned giving drationS, £34,266 from Gift Aid recover8d on all forrn of eligible giving. £52.800 from yJTrJry d8"On$ received in response to the 8ig Hit grft day appeal and £288,797 from grants & don8bons. Grants and donations indudes grants daimed from Listed Pla¢es of Worship Grant Scheme and Cuth Reo)very Fund totling £269,381 mainty in respect of the to¥%tr rapairs. R8stri¢t¢d grants lotalling £75.183 were reved. being for Pairs. Marsh cwtreach and support of the choiT. Grants and donatTr?ns are detail8d in note 5 to finanual Statements. The planned giving through envelopes and standing orders showed an increase of 6.2% {2020'. d8crease 2.6%) over the year. Unrestricted colle¢b"on8 8howed an ereas of 40.6% {2020.' 62.2% decrease) trJJt were still 46.8% b81ow th8 2019 level. The use ol Grft Aid envelopes 18 ency)uraged for colbon$ at Special services, at regular services for those who not give by stsndlng order or pSann8d giving envelopes and also for $iryl¥ ¢Jonat)ns. Contadess card and QR g)de payment is an alternative donation oplron and has yoved to be beneficgl. particulady for donathins from wsitors and during the pandemic wn church has been cl¢)8ed. Major repairs h3ve been carried out during the year.. balance of phase 1 of rtrltghting the ¢hurth at a cost of £36,014, part fijnded from a £12.000 giant from the Kings Ckn Chard Truste08 and t(PIr repairs at a C•)St of £328,224. funded from grants. fun¢Jrai8ing and restricted I1¢ repair fiJnd8. Tho cakulaled Parish Shar8 for 2021 w88 £88.034. Th• Parfsh sh l¥gely provides the sb'pends 4r housing for our clergy. The calculate¢J P4ri8h Share for 2022 ha¥ Irsed to £101.694. R8J8Th0• poll¢y rhe rese$ policy adopted by tha PCC is to mairrtain fr99 Unrestric rnserves al a level oqu81a8 to 111 up to 3 months running and Staffing cxjsts and lill a fvrthef £50,000 roserve to allow for the con$idwabl• ro$ponsibilile& of malntainlng a Grade 1 listed building. The free unreytricted reserves requi und•r poliw ba$•d on th8 budgeted expandrture for 2022 18 £106,IJOO. The rgs•rves pollcy is roviffpd annualty. Total unrgslrlcted re88rves h¢ld 41 th6 year 81 amounted to £259.211. Induded in unrestrtted re8eNes are designated reserves totsllin9 Q,951 to be use(1 * the vicars diycretion. The free uresln"cted reserves. not committed or invested in tsngible fixed assgts and bookshop stc¢k, ld ty the PCC at 31 Dmber 2021 amounted to £203,701. This is 8bove the norm81 lovel of free unreslricted re$¢rNe3 requred under th• policy sét by the trusteès. Htyv8r. ihere is a projected budget deficit of £71.787 lor 2022 and is required to th• north aisle arch at a 8ubstantial 81 whic cannot bo coverod from annual income, r•ndering it nec8sary to a higher lovel of r•8•r¥es for the b'me belng. Stsp8 TrMII bè taken by the PCC durlng 2022 and in fuiure periods to rede budget defi¢ats In order to b• e to hold a l•vd of re8èM8 in line wth tho reserves policy. It 18 the PCC'S pollw to inve8t 8urplus fur¥J8 r¢ CBF fund8 and interest b•arir4J aCCThts at its b•nk. Statutory compllan¢• Tha accounts comply vAth tho CLwrent stauty requIr•Mtr, tr requtrements of th• Churct Accounting R•gulation$ and the Charitr'•s SORP IFRS 1021. The PCC h9$ complied th• dufy to have regard to Hou88 of 8i8lKps' guid•nc on 8afoguoriliry. The account$ (financial statemenlsl havè been wep¥•J in accajrdarth ALY>)untrng and Reporting by Ch8rib"e$.' Statent of Re¢ommended PradKe applicable to charilies preparing thwr accounts in acLxJr(J8nee the Financial Reporting Standard plicable in the UK and Republic of Ireland IFRS 1021 (effèctive 1 January 20151. the Charibes Act 2011 and UK Genofalty Accepted Practice a$ it applies from 1 January 2015. On behalf ol the PCC Revd L 8 Vasey-saundors Incumbent Page 8
LANCASTER PRIORY AND PARISH CHURCH OF ST. IAARY INDEPENDENT EXAMINER% REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 Indopendènt Examlnots Roport to the Pafochknl Church Councll of Lnca•tsr Prfory and Pari¥h Church of X Mary I report on tho fmanol slatements of the PCC forthe J ended 31 Ccember2021. as sel on pages 10 to 21. Your attention 18 dran lo the fad that the Charlly has prep¥ed the FInn(> Ststements in acxzrtarK wTrth A¢Lx)unting and Reporting by Chariloes weparing their accwnts in w>ydanca ilh Ihe Financial Rwtsng Standard applicable in the UK and Republic of Iro18nd IFRS 102} in preferenc4 to the AccwitiThJ aTKJ Reptytro by Chafities.. Slatement of Rer>mmended Pra¢tlce is8ugd on 1 April 2005 whith is refwred lo in the exlarrt wulthons tArt has sie been withdrawm. We understsnd that this has b•¢n done in order for th? S¢X ¥#J fw'f in a(x>Jrdance vAlh the GeneralPy Attapted A£counllrwJ Pra¢c• effKIl for r•wtro Por begnnllig M or •fter 1 Janry 2015. Th18 rgport 1$ made 8dety to the PCC$ mnb. as a in a(¥>xdorK• ith the Churth A¢cwntuvJ Regulation8 2006 I'lhe Rggulation8'1 and 145 ofthe Chwts88 Art 2011. My has bw undertaken so th•t I mighl slate to the PCC'8 momb8rs th08a matter8 1 am requir•d to to them in Ihil r•F¢rt for no other PUfFxe. To the fiJllest extent pemliled by kw, I do not accapt or r•spon8bknlity ID wn• othw tr• PCC and th• Pc¥ nwmbwB 8# a boty for mywork or for this reporL RMpon•lbllllS•• •nd bMl• of v•port A8 momb8rs of the PCC you •r• r•¥pcmible for th? of ts f#)Ka•l •tat•m•nl• In •GMrd•nc with th requirements ot the chari11 Ad 2011 Cthe W. I report in rn$poct of my ex8minakn of the thoritys ants orrled out under 8ectlon 145 of the kt and In c4Trylng out my examinats'on I havo follood the DiT•(onB by Chorty Commimion $tIon 14515llbl ofth• Act. Ind•p•nd•nt •xamlnrf• •t•t•Mnt Sinc• tho chadtys gra inccvne exceedad £250,000 yow exthner must be a mwnb•r of a body Illtsd In i•Xlon 145 of th¢ Act. I confirm th•t l •m to ur1take th• eyAThdnthi bfj(X l a mwnb•r of ICA, thich li one of thg Illtad bodi. ex8mln•tkin glving me c•uw lo tmt In matwlal 1. aoxunllng rwd# not kapt In rn6p•ct oftho •• r•quw•d ty 1•th 130 oftr• hrt c 2. the accounts do ncl actord V•lth thofj• r•Cts. or 3. the arxounts Oo not compty with the applicable CA)rrTh tho fcffm and Ctent of accounts sel out in lh¢ Chsritiès IAcaiunts and ReFort81 Regulalicm 2(M)8 ¢3thw thgn any r•quin))it tr1 the a(LyJunts give a Irue army fair vio drawn In thls reFNt in order to enable • WJwding ofthtr to rexh. 8 W Hlnnlgan FCA CTA 8¢0tt & Wllklnson Dalton Hou g Dalt*)n Squar• Lanu•tsr LA11WD 29 A rtL 202 Page 9
LANCASTER PRIORY AND PARISH CHURCH OF ST. MARY STATEMEwf OF FINANCIAL ACTMn&8 FOR THE YEAR ENDED 31 DECEMBER 2021 Fund• Fun 2021 2020 INcoMe AND ENtK>WMENTS Vduntary incomo Church aGtiwti•s Facing the Pa¥1 thti Activiliets for g•nernYng funds Incoma from investments Othei Incoming re8OUnX8 2(a) 2(b) 2{c) 21d) 2{el 2(n 489265 14.513 580.095 14.593 15.385 35,890 292,703 11.443 15.365 4.084 1,578 31.806 2.216 18.924 4,286 1.920 TOTAL INCOME 537.8 111.937 649.737 327.276 EXPENDITURE Raising frjnds Church acttviUe8 Faong the Past advlll•• 31al 31bl 3(c) 10.344 511,940 15.311 818,323 10,262 6,503 473.734 1C6.383 10,262 TOTAL EXPENDITURE 522.284 121.012 643,898 480.237 MET INCOME I IEXPENDITURE BEFORE INVESTMENT GAINS 15.516 {9.875) 5.841 (152.9811 NET GAINS OM INVE8ThIEiif8 10.922 7,747 18,889 8.387 TRANSFERS BETWEEN FUNDS Tran8fer to F•bri¢ Fund• 1163) NET IAOVEIAENT IN FUND8 26.275 (1,7iJS) 228.329 24.510 (144,5741 805.839 TOTAL FUIIDS BROUGHT FORWARD 14 232,936 481.285 TOTAL FUNDS CARRIED FORWARD 13814 269.211 220W 485,776 461.260 Th• fundi breakdtram for2020 in n(kn 17. Th8 note8 on pages 12 to 21 fwm paiofthe fMKial slatwfw Page10
LANCASTER PRIORY AND PARISH CHURCH OF ST. MARY BALANCE SHEET AS AT 31ST DECEMBER 2021 2021 2020 FIXED ASSETS Tangible fad assets 49.536 60,938 CURRENT ASSETS Stock Inve$trnents Debtors Ca8h al bank and in hand 3,327 148,505 33,022 278.585 3,815 129.836 44,460 252,669 463,439 430,780 UABIUTies Credltors- amounts falling in onè yèar 10 27.200 30,453 NET CURRENT ASSETS 436.239 41)0,327 TOTAL NET ASSETS 13 485.775 461,285 PARISH FUNDS 14 Unre8tri¢Xed Gongr81 Designated Rostrictèd 13&14 13&14 13&14 258.250 2.961 226,504 229,975 2,961 228.329 485.775 461,265 These aco)unl8 prepared In gccrydanfx With the Chgritses SORP IFRS 102) proved by Ihe Parochial Church Council ort 9 5. 14. J l and gigned behall by Revd L B Ilase IuMben1 und8rs The notes on pages 12 10 21 fom part ofthe fin?1 statements. Page11
LANCASTER PRIORY AND PARISH CHURCH OF ST. IAARY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POUGIES R•¢ommended Pra6tre apF4lca? to thariith their nts in acaYdanc y1h the Financial Reporting Stsndard applicable in th8 UK ReiC of IrdarKI (FRS 102} {effethe 1 January 201 S) - (Charilies SORP IFRS 102)), the Finanaal Reporting Stsndard a01ce ui the UK aTrJ of Irglar¥J (FRS 102>. tho Church Aceomting R¥gulats)ni 2006 the Charitwkt2011. The financial itatemerts have b88n prepared to give a tdirf vw and have dwrted from thè Charrbe# (Accounts and Reptyts) Regulalion8 2008 orty to th• xlt r8quirgd to ryovhjg 0 ts 3fKt fair vifftrf. Thi8 depathre has involved foltowing A¢¢ounling and ReFrtxting by Charit. statem of R•o)mm•ndod Pracik¢ applicable to tharilie8 preparing their accounts in acc£ 7hiih the FinwKxal RerAKbng Slandard applicabk8 in thg UK and Republic of Ireland (FRS 1021 issued in OrJoLw 2019 ratrw th•n Acc4xmts)g and Reporting by CharibeB.' Statemgnl ol R•tximm•Thd•d Pra(¢ effedivti fmm 1 Awil 2005 h•• si8 bwt wiIIKlr8Wn. Lancaster Prtory and Pari8h CIMY( af St. Mary d•fii4trcffi of • b8n•fft wibty Lnd•r FRS 102. AB#ets and liabiliti$$ are Inltralty rnc09r1ed at hith111 ¢o•t traw¢kn Un•¥ otrwi•e •lat•d in tho r•l•v•nt aUnting polioy noles. The finChol8m0nts 4rn In GBP tt>tr• now•8t £1. The )In8n¢ial slalemwts Inctude all tr7(. aJ8ets orKI liatJiFfyu forthith th• PCC 18 responsible in law. Th•y do not include Ihe aCCnts of Church kVtyj that Ihew afiliatm to W. nor tho•8 th•t are inforni81 9athorfng$ of thurth memb. Ex•mptlon from pr•p•rlng • •h •l•l•m The Cfi4fity opt•d k> adopt B1• 1 l$hOd on 2 F•truwy 2018 and h•¥e thernth Th)t a ¢#•h llow Fund• R8slrtot6d funds r•prewtt donaVon. gr aTrJ clhor Itxfjmo rtrtd¥•d for * obS&# or Invlted by the PCC for a spe¢ffi¢ object. The fvrth may crfty b• wthd•d on tho wific obi8d for they wor• gn. Any b•lwc• remaining unspent 41 Ihe •rKI of •ach y••r MU b• l•d forward # ¥ ba on that fid. Tho PCC do88 not U8ually invtst separatsly for •ach fvrKI. Vther• thw• l• r¥) 8•pArate Inv•sth)•rt Int•rn•t li appothn•d to ind¢vidual funds on the b88 of the bdances Wd In e8th fund • doily bwls. D•lall$ of fvnds hebd are pded In note 14 to Iho finoncAel •tat•ments. Unrnslrfct8d lunds 8r• g•n•ral furbJ8 of the PCC that arn subied kn any rn8tric4ion8 rngarding th•ir yge •nd ar• available for th• applicaon on the 98neral PLWPO8ts of the PCC. FuThJ8 dtignaIed for 8 particular pu09• by the PCC fomi ofts unrmtrktsd fund arKI ar• detailad In rKkn 14 to If finwwl tstatem. Committed giving. (xltection8 (kMw1Kl w• r•cryr#•ed fold. Grants legad•8 arn ac£tyJ)ted the PCC t& legaly wrfilled to Ihe arrnts d. The charity re(¥Jlve8 governm1 grnrts. Incyjme from govemment arKI ¢ts grants are rewgnised at fair vglLte when the tharity ha$ entiYom8nt after any COnthkn have been nrt it is wthbbe that the InMe will recelved and tho amount be measured relabty. 11erth1eff i8 not met then these are deferred. Income from fund raising Ovgnts arg acc¢unted tr gm88. So1$s of twks and magazines from th8 d¥xth tkslI w• •xwitsd tr w¢¥M. Rontsl incomo from the lethng crf ¢urch wemiÈe8 to outside l>Jies is Xnted owned. Pag•12
LANCASTER PRIORY AND PARISH CHURCH OF ST. IIARY NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POUCIE81ConUnwl) Parochial fees due to the PCC lorYklirys. fwer. etc are acccwnted forts) due. All other Inctsn818 artlOd for tfvtn dug. Realised gains or IoJ8•8 we recognlaed Then wNe•ti •re wkl. Unreaw gnI or loJse• are #rA>iunteil ft)r on rovaluatyon of Inve81rnonts at 31 Dts. Exp•ndltur• Church a¢dwltl•s Grant8 and dcfflalon8 are wxthr)ted fDr pold. or wMded,11 •Ard uwat•J bindkng rt4W'on• on the pcc. The Dloct parish ¥hw• l• KCOUnt for pay•blo •rnJ wy a•8•8s unpth at 31 Decemb8r l# •hown JJ • crndrtor in the 8•lance Shoet. AN otr èxwndiknre r Y•c4nl8ed Tth•n bt 18 and is •cnted fur gnJ••. Flxod A•••ts Con8•cratsd land and biildings and benefatt of kwKI kn •8d from the fflnanthl 8tat•monts ty 8101211a) and Ic} of the charity Act 2011. No v•lu• l• plad on mo¥èth heltt ty twrrlrwath8 M ¥P•L¥ tru•t for the PCC and vthlth fequiie a faculty frJr diiwid slnco tho PCC cadJ thkfj to be an in•lnable prTty. AN OXFWKlltur• Inrred durtng the yoar on wnMcral•d or b•nOfad lkIng8. irKKllng tho p• organ 1$ a)noi to bo an knmovgabl• Stem Ind part of the fobric of the church, and move>l8 ftThl•hry•. Malntwn¢e or wnprovemgnt, 18 vthtten tsff a8 exponditur• and p•Taty ¢Jl8(ao••d. Equipment u8•d vAlhln th& churth pYemise81g d•• on 4 •traWrt lkne b•th ¢)vw4 >•rn, 10 y••rs or 20 r as appropriate. Individu•l tt•m8 of equ1 llh a prfc• (1 £1.000 or10•8 aro thYltn )ff kn th• wltyj In th• asset is wuired. In¥o•tmonts Inve8trnents arn vglued at m¥ko1 at 31 Current a•••ts Amounts tr4ing to thg PCC at 31 Dec4mber wi respe(a of fe. r8nl8 oth•r are Jhtr•m 80 debtorn leB8 ony ov191 for amounts that m•y prm Ir1•rxb10. Short-tèm depowts indude calh hekl on depowt atthe b•n Opor•tlng l•a• R•ntal• payable under operating ttwged to thè SOFA vn the strabght lirn ba81• the temi ofts lea80. Golng cOnM unc•rtaintie$ wst. The trustees have cOnre¢l 1 of held arKI the exTCt8d lev1 of Ino)m# and expenditure for 12 montrrf frcm aUthl91n9 these finan¢aaJ slrtwts. The budfvd incz>me and eXp9ndre 18 8uffi¢ientwith the level of T•WV•$ fortho chwity kn be able to {hnu8 as a gory o)ncm. Page13
LANCASTER PRIORY AND PARISH CHURCH OF ST. MARY NOTES TO THE FINANCIAL STATEMEwf8 FOR THE YEAR ENDED 31 DECEMBER 2021 INCOME ANO ENDOWMEI TOTAL FUIIDS 2021 Fun Fnd• (a) Volunlary Incom• Plannod giving.. Gift aid donatv)ns Other plamed gNing Tax rerJJveTable Collections (open al8) at al Grants and donatton8 70.543 10.929 70.543 10.929 37.122 12,417 383.960 85,124 68,246 8,445 24,264 8,821 149,125 33,802 12.417 288.797 72.313 75.183 12.811 489.265 90.830 580.095 292,703 {bl Church •¢tl¥ltl•• Now$link 52 2,798 205 8,095 187 5.491 150 5,571 U$9 ol Church bulkllwi Cothbutlon8 to Otr axpw888 Sod81 & outreach events income Young people. familie¥ & OLrfreach 112 112 14.513 80 14,593 11,443 Ic) F•clng th• Pa•t actlvltl•• Fadng the Putjoint prcie(* 15,365 15,385 15.265 15,385 Id) Actl¥lll•• for 9•n•rThg fun Book8lall Fundraising everts Coff•• 8hop Use of Churth buMdirg5 21 11,575 3.918 16,292 21 15.659 3,918 18.292 2,573 3,871 10,680 31.806 35.890 16,924 {•) Inv••tm•nt In¢¢)m• Divid•nd8 on CBF Invesbnent Fund Shrn 8ank and other Inler•st 2212 3.778 18 3,844 12 221e 1,578 4,288 Irrduranc• daim8 1,920 1,920 TOTAL 637,800 111.937 649.n7 327,276 Page 14
LANCASTER PRIORY AP4D PARISH CHURCH OF ST. IIARY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 EXPENDITURE TOTAL FUNDS 2021 Fund• 2020 {a) Ralslng fund• 8ookstsll eypen#e8 Coffee shop expenaes Event expenses Publioty c4)sts Planned tyvlng and GIftAid velope1 827 3,406 1.176 1,005 89 5.852 10.619 254 10.344 15.311 8.503 {b) Churth actl¥ltl•• Missionary and chwbtsble gmng Mlni8ty'. DItten Other min18ty costs Mu8lC Salarfos Church Nnnlng 8rKI maknttn Major fabric ryirs Young PpIe, 18mille8 & tyjtrèath work Sodal & outreach •v•nts o) New811nk & The See Mustard Seod Priory Hall expenees Slalion•ry, lel•phonè and offK• oqulwt Office equipment l•a89 dwrg Bank ¢hory8 Indvndl mIne8 Sundry gxpgn¥o8 D•predatlon &108s i)n d18p01B 18 7,129 88,034 4.170 505 8,272 83.813 6.033 5.441 84.624 41.553 218,438 2.675 487 93 88.034 4.170 11.007 85.351 42,n9 354238 459 142 10,6S8 28.835 2.020 63,502 278 58.516 40.759 290.736 183 142 587 587 S.S09 1.350 1,492 3,153 e.874 1.803 1,202 3,621 1,037 8.020 1,492 3.153 10.8n 10.872 511.940 108.383 618.323 473.734 (c) F•clng th• P••t •¢tlvltl•• Faung the Pa81 joint pra 10.282 10.262 TOTAL 522.284 121.012 843,896 480.237 2020 STAFF COSTS Wages 8al8r Employerfs penon contribulitin• Swal costs 80.991 1,047 3.313 80.739 2.917 B5,351 84,624 During the year Ihe PCC wnploy•d an organisL th 4 vwgws. sthoob & famlles lolmlng officw, ouiresth worker, p4ri8h secretsry and ev•rts manager. rx)r• of Orn •am8d £80.fAIO p.a. or mor•. Mr S Birs•, a$$i$tant verg•r, 1$ o moMr of the PCC wxl Ikjriro the yewvms pavj £1,835 (2020- £2.0711. Mrs S Ettwards, assistant verger and events manager was elgthd to the PCC M 26 May 2021 aThJ th? wicrtl to 31 December 2021 was paid £6,586. PCC members We reimburned eypertsts d £203 P020- £1991 year. There were other disdosable transactions in respect of PCC memtts, persons dosety ojnne(knl ilh them or othw rekt•d parties. Tho onty fvll Ime mgmber of slaff 7m tho head vargw. The remairmry equate to an average of approximatsly 2.5 Ml time wnpl¢)yee8. Page15
LANCASTER PRIORY AND PARISH CHURCH OF ST. MARY NOTES TO THE FINANCIAL STATEIIIEPffi8 FOR THE YEAR ENDED 31 DECEMBER 2021 2021 2020 GRANTS AND DONATIONS RECEIVED Earl Peel Tru8t Fund The John Pllllng Trust King$ Chapel Truste Lancaster Piiory MU8 Trust Listed Pl$ of Worship Grwtt Scheme The Mos5 Memorial Trust Priory Hall Trus Fur HMRC Job Retenllon S()•mè Allchurch88 Trust Duchy of Lancalter 8eMvolent Fund Hlslorlc England Culbjre Recovory FWKI Tho Lord Shuthwmorth Foundawon Jlll Fran1 Trutyt WMB Trust EILzabeth & Rlthard WI7 Charltth Fund The Nali¢Jnal Lott•ry Commuruty Fund Nalonal Churches Trust 41.130 5.000 12,000 9.213 58.203 (2.0171 5,000 25,000 6,703 38.790 15.OtKI 9.835 5,480 5.000 3,000 31.554 500 1.286 211.178 2.000 3.000 9.950 13.1)00 363,960 149,125 FACING THE PAST PROJECT Grant- Art8 Council England Partner contributi¢)n- Moro Mu• 14,385 1&365 FIXED ASSETS FOR USE BY THE I¢C T4>ts1 GROSS BOOK VALVE At 1 Janury 2021 Di8posals 4.12 116.387 (1.1991 120,579 (1.1991 AI 31 DK•mb•f 2021 4,192 115,188 119,380 DEPRECIATION Al 1 January 2021 Charg• for th• yew Di8P081• 4.192 $5.449 11,402 {1.1991 59.641 11,402 {1.1991 Al 31 D•aen*•r 2021 4.192 65,852 69.844 NET BOOK VALUE At 31 December 2021 49.536 49,536 At 31 December 2020 80.938 60,938 Page 16
LANCASTER PRIORY AND PARISH CHURCH OF ST. laARY NOTES TO THE FINANCIAL STATEhlENrs FOR THE YEAR ENDED 31 DECEMBER 2021 2020 INVESTMENTS Current alsot Inv•¥tm•nt 6,349.98 CBF Chur( ol England Invests) FuTrJ Incu))e Market Volue 011 Jonuary 2021 Gain on annual rèvdualon 129.838 18,e69 121.449 8.387 Matk•t v•lu• at 31 2021 148,505 129.836 Co•t at 31 Doc•mlJer 2021 100,000 100,000 DE8TOR8 tax roco¥or8bl• Other d8btor8 28.904 2.331 1.787 17.405 11,981 15,074 33,022 44,480 10 LIA81LITIE8: AMOUNTS FALU14G DUE blTfHIN YEAR Other c•Jrtc A¢¢yual Income In advarK• Lo•n- Hall TNot•• Fuxl 5,131 4,302 2,767 15,000 21.055 4.157 5.241 27,200 30.453 11 COMMITMENT8 OPERATIIIG LEA8E COAIIAIThIEiirs Th• minimum l•aM opwathvJ lo••e• I1 du• 4• fdlN•'. Equipmenl Wilhln 1 yo Bgtsyoon 1 - 5 y•aTs 1.302 2.050 2,348 3,952 3,952 6,300 12 CONNECTED CHARmes Dudng the year the PCC re¢•l¥ed wanl• from th• dwrilim trults PPt the Prfw as approprlat• thin tha t•m$ oftheir govemirwj d()crner 0tr5'. Lanca3ter Pnw Music Tnmt vthich is a tharity in¥dved In rabmg funds for the of thè muslc departrnnl at Lancaster Priory. The amount rncwed In 2021 w83 £921312020: £6.703). The Moss MenKffFal Tnmt - £Nil {2020.. .5) tr oulr81th on M9r¥h Eslatt and £Nil (2020.. £7.5001 to 8upport a CtrNldren and Families trfker. The Ead Peel Trust FuThJ - £71812020: £3,395 £5.412 re 2019 not rowked) for qurfyiNA fabric repalr¥ plu$ fvrther £40.412 {2020: £NID for mr repalrs to ts IryAw. Priory Hall TTu8188 Fund. £Nil12020- £9.935 for hve stream eqwrnt arNI mood INJhtingl. Lhjring the year the PCC recived a of £15, from Ihe PrK¥y Hal Ttee FuThl k¥ a68Nt ftow in connection WTth the lighling sctrvne. A fepaymerrt of £S.000 w88 m* in January 2022. Pagè 17
LANCASTER PRIORY AND PARISH CHURCH OF ST. IIARY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 13 ANALYS13 OF NET ASSEf3 BY FUND Fund FUN Fund Tol•l TaTh•ble Ilxed a88ets Current a8sets Currw liabi1kn88 49.536 232.788 (26.074) 49,538 463.439 (27.200) 2.961 227.890 {1.1281 256250 2.1 228.564 485.775 Comyratl¥• of n•t so•ts by 14MxI: Fund FyDd Fund Totsl Tangible fixed as••ts Curront •180ts Current liabil•$ 80,938 191.978 122,941) 60,938 430.780 (30,453) 2,961 235.841 17,5121 229.975 2,981 228.329 481.265 14 FUND DEfAIL8 Th• Unr••trlcl•d fund c¢7mprlM•: 31.12.21 D•iignatsd fvnd•.' Vicorfs fvnd 2.961 2,981 2.981 229.975 2.981 258,250 Goral reJ•r 537,800 {522.284} 10.759 232,938 537,8C 1522,284) 10.759 259,211 Tho V7caV8 fvnd i• for &¥pthdikn atthe di#¢¥ekn ofth• ¥kw. B•knnM at IMi¥thg R•tywr Trnn•f•rn & Bal•n¢• It 01.0120 I•1¢•0 •xp•nd• 31.1220 De$lgnaled Vi¢81$ fund 2.1 2.961 2,1 380,8e4 270.823 (426.) 2,961 229.975 G•n•ral re8epie 4.572 383.847 270.823 (426.3 4.572 232.936 Pa9e 18
LANCASTER PRIORY AND PARISH CHURCH OF ST. MARY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 14 FUND DETAILS (contlnu•d) In¥••1M 31.1Z21 Priory Fabric Fund Educathon. & ChNthn's Wort Fwxl Marsh Fun Music FurKI Organ Fund charitab Objects Fund Facing tho Past Joirrt Prrloct FWKI 50ffi32 122.886 6.490 22.759 20.787 4,7T5 48.443 1.571 9,950 35.438 35 1.135 1S,365 (63.932) (11.582) (8.111) (25,088) 11.508) 11,151) (10.262) 163 7.747 35.308 120,642 8.329 33,109 19.316 4,759 5.103 228.329 111.937 (121,612) 7.910 226,584 The Pdory Fabrf¢ FurKI ts for expend1e Ctuch tlkIn WKI f•tsr8•. Tha Educ4tion. Ycth Cliktr•n'¥ Work Fth)d thg rrk d th• educ doparbnwrt and young peoplè and fam111. Mornh Fund18 for uofj In th• Marnh re•lden ¥•J ofth• Parlth. Tho Mu•lc Fund is to pronKts Ihe rfth• Prhty• ctrwjirn and mu•bc rnn9. The Organ FurKI18 for exp•rKItLn on the f•ntr•l ty r•p•ir •NJ ofth• Prkxy orws wvj piano. The charft8• Obj•d8 Fund r•weBffits tho ILWl ot tho 1Me IAu•tsTd So•d @ Prlory Han and dOnor recalved arn to b? d•trIX kn olhtr Tho Facing th8 Past Jolnt Prohect Fund r•pr•I morle• by I PCC as fund Mager for a joint wojgat involvlng Loncatter Piiory. Mor• Ml LarK•8tsr JW Lodgtry Mul, pilmuY fvnd•d by an Ats Countsl England granL Tr•n•f•rn Bln¢• •t In¥Mtrwnt 31.1120 Priory Fabrfc Fland Educotlon, & Chldm's Work Fund Mar8h FurKI Muwc Fund Organ bJrKI Charitsble Obleth Fw 39.247 122.630 11.619 19.478 23256 5.764 20.774 9,135 {9,7241 {12.3591 (12.831) (13.5761 (3.3361 (2.305) 335 50,032 122,888 8,490 22.759 20,787 4,775 16.859 1,318 221.992 56,453 (53,9311 3.815 228,329 2011 2020 15 RELATED PARTIES 53,137 25225 Page 19
LANCASTER PRIORY AND PARISH CHURCH OF ST. IAARY NOTES TO THE FINANCIAL STATEMEpirs FOR THE YEAR ENDED 31 DECEMBER 2021 2021 2020 16 SCHEDULE OF DOMATK)NS tsr & District Hometh Adion Service Marsh Community Cantre Safenet Sl John's Hospice Tho Ollve Branch 200 100 50 11)0 278 1,765 478 2.015 CMS DEC Coronavlrus Edd Sierra Leone Global Link Marsh Commurmty Centre Musalaha UK Open DLVS UK Reaching the U1&ached 1200 1.000 200 1.000 245 1,000 1.000 1.000 1.000 1,200 6.645 6,200 Children's SOW. ChrNbr* seiCe skn Royal BTibsh Legion 305 57 511 57 TOTAL DONATK>NS 7,634 6,272 Page 20
LANCASTER PRIORY AND PARISH (>IURCH OF ST. MARY NOTES TO THE FINANCIAL STATEMEIITS FOR THE YEAR ENDED 31 DECEMBER 2021 17 COMPARATIVE OF STATEMENT OF FINANCIAL ACTMTIES RWtrlc TOTAL FUNDS Fd• Fun(l• 2020 114COME AND ENDOVAIEIITS Vduntary in¢om Churc activities A¢tivltie8 for gengrating funds 2(a} 21b) 2(cl 2(0) 2(•) 239.554 11.428 15.387 2,534 1.920 53.149 15 1.537 1.752 292,703 11,443 18,924 4.288 1.920 Other Ino)mlrvJ re8(4 270.823 56.453 327,276 EXPENDrruRE Rglslng fundB Churth gcttvlUe8 31a} 4b) 6,424 419.882 79 8,503 473.734 53,852 TOTAL 428,306 53,931 480.237 NET INCOME I (EXPENDITURE) 8EFORE INVESTMENT GAIN8 (155,483) (152.981) NET GAIMS ON INVE8TIAElff8 3.480 8,387 TRANSFERS BETWEEN FUW03 Tr•n•fvr to FabriG Fun 1335) 335 NET MOVEMENT IN FUND8 (150,911) 8.337 {144.5741 TOTAL FUMOS BROUGHT FOINIARD 383.847 221.992 005.839 TOTAL FUNDS CARRIED FORWARO 228,329 461,5 In line with r•qUlrnM1¥ of FRS 102 SORP lh• abtrdts noie •hthw4 th8 8plil infoTnkn betwe th• funds. The optsn to wgpwe a sopar I8 bmn lak•n, tho hit•gTon ilhin the exl8llw SOFA O.•. th• eiglrt Column appro•*l. Page 21