**REGISTERED CHARITY NUMBER: 1132096**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31ST DECEMBER 2020**
**FOR**
**Shottery St. Andrews Church**
C Wiltshire & Co Chartered Accountants 17 Greenhill Street Stratford upon Avon CV37 6LF
**Shottery St. Andrews Church**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2020**
||**Page**|
|---|---|
|**Annual report of the PCC**|1 to 2|
|**Report of the Trustees**|3|
|**Independent Examiner's Report**|4|
|**Statement of Financial Activities**|5|
|**Balance Sheet**|6|
|**Notes to the Financial Statements**|7 to 13|
|**Detailed Statement of Financial Activities**|14 to 15|
**Shottery St. Andrews Church**
## **ANNUAL REPORT OF THE PCC FOR THE YEAR ENDED 31ST DECEMBER 2020**
## **Administrative information**
St Andrew's Church is situated in Church Lane, Shottery on the western edge of the town of Stratford-on-Avon and close to Anne Hathaway's Cottage. It is part of the Fosse Deanery within the Diocese of Coventry within the Church of England. The correspondence address is: St. Andrew's Vicarage, Church Lane, Shottery, Stratford-upon-Avon, Warwickshire, CV37 9HQ.
Incumbent (Vicar): Reverend Craig Groocock BA
Assistant Curate: Reverend Mike Stewart Associate Minister: Reverend Dr Paul Edmondson
Clergy with Permission to Officiate: Revd. Canon David Capron, Revd. Mary Crameri, Assisting Minister: Reverend Joan Whyman
Readers: Mrs. Jan Walker and Ms. Sarah Cushing
Churchwardens: Mr Robert Macvie & Mr. David Whyman Churchwardens Emeritus: David Challis & Jackie Daniels
Representatives on the Deanery Synod: Orion Johnson (Lay Chair), Pat Morris, Jackie Daniels Coventry Diocesan Synod: Rev'd Craig Groocock
## Parochial Church Council
Members: Jackie Daniels, Sylvaine Gravestock, Jane Ireland, Orion Johnson, Bob Macvie (Churchwarden), Bob Robbins, Clodagh Mallison, Hilary Mattocks, Patricia Morris, Carole Taylor, Sarah Cushing, David Millington, Jan Walker, David Whyman (Churchwarden), Chris Susnik, Hilary Capron, Liz Talbot, Jenny Gregg, Fran Kibblewhite.
Vice Chairman: David Whyman Treasurer: Carole Taylor Secretary: David Millington Safeguarding Officers: David Millington & Liz Talbot
PCC Standing Committee: Rev'd Craig Groocock, Rev'd Mike Stewart, David Whyman, Bob Macvie, Carole Taylor, David Millington.
## Structure, governance and management
The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged and entitled to register on the church Electoral Roll and stand for election to the PCC.
## **Objectives and activities**
St Andrew's PCC has the responsibility of co-operating with the Vicar, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the Church Centre complex of St Andrew's, Church Lane, Shottery, Stratford-upon-Avon, Warwickshire, CV37 9HQ.
Page 1
**Shottery St. Andrews Church**
## **ANNUAL REPORT OF THE PCC FOR THE YEAR ENDED 31ST DECEMBER 2020**
## **Church attendance**
There are 150 parishioners on the Church Electoral Roll, of whom 72 are not resident within the parish. The average adult (16+) weekly attendance was 140.
Attendance on Easter Day was 140 and at Christmas Day 152.
Note: Due to the Covid-19 pandemic, worship since March 2020 has been via 'zoom'.
## **Summary of the year**
The full PCC met 6 times during the year, three of these meeting via zoom due to the Covid-19 pandemic. The Standing Committee met between meetings and minutes of their deliberations were received by the full PCC and discussed where necessary.
## **Parochial Church Council**
Throughout the year the PCC had discussions about: Diocesan and St. Andrew's budgets and accounts; arrival and welcomed of new curate, Advent Course, NCD outcomes and planning, new PCC governance structure, Safeguarding, new marriage legislation, Quinquennial survey and outcomes, worship provision and pastoral care during Covid-19; Audio visual needs, Parish Share. Regular reports were given to the PCC from Fabric, Finance and Parish Centre Management Committees as well as Deanery & Diocesan Synods.
We have representatives on organisations such as Stratford Churches Together, the Street Pastors Scheme and Coventry Cathedral. Reports on their various activities were received throughout the year. There were training events organized by the Diocese that members of the PCC attended throughout the year.
## **Financial reserves policy.**
There is no PCC policy to maintain a balance on unrestricted funds to cover emergency situations that may arise from time to time.
It is our policy to invest our funds balances with the CBF Church of England Deposit Fund.
The trustees present their report with the financial statements of the charity for the year ended 31st December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Approved by the PCC on and signed on their behalf by Rev’d Craig Groocock (PCC Chairman)
Page 2
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHOTTERY ST. ANDREWS CHURCH**
## **Independent examiner's report to the trustees of Shottery St. Andrews Church**
I report to the charity trustees on my examination of the accounts of Shottery St. Andrews Church (the Trust) for the year ended 31st December 2020.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Patrick Alan Jones Chartered Accountant C Wiltshire & Co Chartered Accountants 17 Greenhill Street Stratford upon Avon CV37 6LF
Date: 7th May 2021
Page 3
**Shottery St. Andrews Church**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2020**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Other trading activities
2
Investment income
3
Other income
**Total**
**EXPENDITURE ON**
Raising funds
4
Other
**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|2020
Total
funds
£
73,658
9,415
2
17,907
100,982
89,002
1,062
90,064
10,918
135,442
146,360|2019
Total
funds
£
72,341
32,896
4
25,428
130,669
101,133
1,044
102,177
28,492
106,950
135,442|
|---|---|---|
The notes form part of these financial statements
Page 4
**Shottery St. Andrews Church**
## **BALANCE SHEET 31ST DECEMBER 2020**
|2020
Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
7
6,191
Investments
8
153,042
159,233
**CURRENT ASSETS**
Debtors
9
14,419
Cash at bank
58,642
73,061
**CREDITORS**
Amounts falling due within one year
10
(85,934)
**NET CURRENT ASSETS**
(12,873)
**TOTAL ASSETS LESS CURRENT LIABILITIES**
146,360
**NET ASSETS**
146,360
**FUNDS**
11
Unrestricted funds
146,360
**TOTAL FUNDS**
146,360|2019
Total
funds
£
4,713
138,875
143,588
10,296
51,000
61,296
(69,442)
(8,146)
135,442
135,442
135,442
135,442|
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Revd. Craig Groocock Chairman Parochial Church Council
The notes form part of these financial statements
Page 5
**Shottery St. Andrews Church**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2020**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the SORP 2005.
The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. 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.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Consecrated and benefice property is not included in the accounts in accordance with s.96(2)(a) of the Charities Act 1993.
Movable 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). Items acquired since 1st January 2005 have been capitalised and depreciated over their estimated useful economic life. Church equipment being depreciated at 15% reducing balance.
Investments are valued at market value at 31st December.
continued...
Page 6
**Shottery St. Andrews Church**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2020**
## **1. ACCOUNTING POLICIES - continued**
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Restricted funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.
Unrestricted funds are general funds which can be used for PCC ordinary purposes.
## **2. OTHER TRADING ACTIVITIES**
## **3.**
|**OTHER TRADING ACTIVITIES**|||
|---|---|---|
||2020|2019|
||£|£|
|Activities for generating funds: Events proceeds|1,949|8,120|
|Fund-raising (Searchlight)|1,076|1,647|
|Fund-raising (Parish Centre)|619|5,089|
|Hall hire|4,196|13,660|
|Fees|1,575|4,380|
||9,415|32,896|
|**INVESTMENT INCOME**|||
||2020|2019|
||£|£|
|Dividends and interest|2|4|
continued...
Page 7
**Shottery St. Andrews Church**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2020**
## **4. RAISING FUNDS**
## **Investment management costs**
|Ministry and charitable giving
Ministry costs
Upkeep of Church
Repairs
Parish Centre
Upkeep of services
Diocesan
Flowers
Church management and administration
Depreciation|2020
£
550
1,376
3,480
-
4,296
3,798
62,470
56
11,018
1,105
88,149|2019
£
733
1,979
3,516
487
5,193
6,923
64,627
260
14,320
831
98,869|
|---|---|---|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st December 2020 nor for the year ended 31st December 2019.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31st December 2020 nor for the year ended 31st December 2019.
## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
||Unrestricted|
|---|---|
||fund|
||£|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies|72,341|
|Other trading activities|32,896|
|Investment income|4|
|Other income|25,428|
|**Total**|130,669|
|**EXPENDITURE ON**||
|Raising funds|101,133|
continued...
Page 8
**Shottery St. Andrews Church**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2020**
## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
||Unrestricted|
|---|---|
||fund|
||£|
|Other|1,044|
|**Total**|102,177|
|**NET INCOME**|28,492|
|**RECONCILIATION OF FUNDS**||
|**Total funds brought forward**|106,950|
|**TOTAL FUNDS CARRIED FORWARD**|135,442|
## **7.**
## **TANGIBLE FIXED ASSETS**
|Plant and
machinery
£
**COST**
At 1st January 2020
7,978
Additions
-
At 31st December 2020
7,978
**DEPRECIATION**
At 1st January 2020
5,612
Charge for year
355
At 31st December 2020
5,967
**NET BOOK VALUE**
At 31st December 2020
2,011
At 31st December 2019
2,366|Fixtures
and
Computer
fittings
equipment
£
£
21,320
598
488
2,095
21,808
2,693
19,014
557
419
331
19,433
888
2,375
1,805
2,306
41|Totals
£
29,896
2,583
32,479
25,183
1,105
26,288
6,191
4,713|
|---|---|---|
continued...
Page 9
**Shottery St. Andrews Church**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2020**
## **8. FIXED ASSET INVESTMENTS**
|**FIXED ASSET INVESTMENTS**||
|---|---|
||Listed|
||investments|
||£|
|**MARKET VALUE**||
|At 1st January 2020|138,875|
|Revaluations|14,167|
|At 31st December 2020|153,042|
|**NET BOOK VALUE**||
|At 31st December 2020|153,042|
|At 31st December 2019|138,875|
There were no investment assets outside the UK.
|**9.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
Tax recoverable|2020
£
6,313
8,106
14,419|2019
£
1,586
8,710
10,296|
|---|---|---|
continued...
Page 10
**Shottery St. Andrews Church**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2020**
## **10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Restricted Funds
Bequests
Childrens' activities
Bishopton Activities
Pilgrimages
L. Robson Scholarship
Vicar's Board
Vicar's Discretion
Deanery Picnic
Other
Total restricted funds
Plaque maintenance
Fees account expenses
Other|2020
£
58,078
2,009
2,809
2,300
-
50
255
-
-
65,501
707
2122
17604
85,934|
|2019
£
59,930
2,168
2,808
2,100
6
50
255
139
196
67,652|
|---|---|---|---|
||||732
958
100
69,442|
|||||
## **11. MOVEMENT IN FUNDS**
|Unrestricted funds
Total funds|At 1.1.20
Net
movement in
funds
£
£
135,442
10,918
135,442
10,918|At 31.12.20
£
146,360
146,360|
|---|---|---|
Net movement in funds included in the above are as follows:
continued...
Page 11
**Shottery St. Andrews Church**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2020**
## **11. MOVEMENT IN FUNDS - continued**
|Unrestricted funds|Incoming
resources
£
100,980
100,980|Resources
expended
£
90,062
90,062|Movement in
funds
£
10,918
10,918|
|---|---|---|---|
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31st December 2020.
Page 12
**Shottery St. Andrews Church**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2020**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Planned giving: Gift Aid donations
Tax recoverable
Other planned giving
Collections (open plate)
Donations
**Other trading activities**
Activities for generating funds: Events
proceeds
Fund-raising (Searchlight)
Fund-raising (Parish Centre)
Hall hire
Fees
**Investment income**
Dividends and interest
**Other income**
on revaluation
Job retention scheme grants
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Fund-raising trading costs|2020
Total
funds
£
50,127
13,011
1,650
1,799
7,071
73,658
1,949
1,076
619
4,196
1,575
9,415
2
14,167
3,740
17,907
100,982
853|2019
Total
funds
£
49,252
13,112
3,419
4,503
2,055
72,341
8,120
1,647
5,089
13,660
4,380
32,896
4
25,428
-
25,428
130,669
2,264|
|---|---|---|
This page does not form part of the statutory financial statements
Page 13
**Shottery St. Andrews Church**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2020**
|**Other trading activities**
**Investment management costs**
Ministry and charitable giving
Ministry costs
Upkeep of Church
Repairs
Parish Centre
Upkeep of services
Diocesan
Flowers
Church management and administration
Depreciation of tangible fixed assets
**Support costs**
**Governance costs**
Accountancy
Total resources expended
**Net income**|2020
Total
funds
£
550
1,376
3,480
-
4,296
3,798
62,470
56
11,018
1,105
88,149
1,062
90,064
10,918|2019
Total
funds
£
733
1,979
3,516
487
5,193
6,923
64,627
260
14,320
831
98,869
1,044
102,177
28,492|
|---|---|---|
This page does not form part of the statutory financial statements
Page 14