**REGISTERED CHARITY NUMBER: 1132096**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31ST DECEMBER 2021**
**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 2021**
||**Page**|
|---|---|
|**Annual report of the PCC**|1 to 2|
|**Independent Examiner's Report**|3|
|**Statement of Financial Activities**|4|
|**Balance Sheet**|5|
|**Notes to the Financial Statements**|6 to 12|
|**Detailed Statement of Financial Activities**|13 to 14|
**Shottery St. Andrews Church**
## **ANNUAL REPORT OF THE PCC FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **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.
**Website:** www.saintandrewsshottery.org
**Incumbent** (Vicar): Reverend Craig Groocock BA
**Assistant Curate:** Reverend Mike Stewart
**Associate Ministers:** Reverend Dr Paul Edmondson and Reverend Dr Nikki Moon.
**Clergy with Permission to Officiate** : Revd. Canon David Capron, Revd. Mary Crameri, Revd. Joy Hance.
**Assisting Minister:** Revd Joan Whyman
**Reader:** Mrs. Jan Walker
**Churchwardens** : Mr Robert Macvie and Mr. David Whyman **Churchwardens Emeritus:** David Challis and Jackie Daniels
**Representatives on the Deanery Synod:** Orion Johnson, Pat Morris, Jackie Daniels, Hillary Mattocks. **Coventry Diocesan Synod:** Rev'd Craig Groocock
## **Parochial Church Council**
**Members:** Revd Craig Groocock, Revd Mike Stewart, 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, Licensed clergy.
**Vice Chair:** David Whyman **Treasurer:** Carole Taylor **Secretary:** David Millington **Safeguarding Officers** : David Millington and 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 2021**
## **Church attendance**
There are 151 parishioners on the Church Electoral Roll, of whom 70 are not resident within the parish. This year we have lost 8 members and gained 7 new members to the roll. The average adult (16+) weekly attendance was 140. Attendance on Easter Day was 80 and at Christmas Day 64.
## **Summary of the year**
The full PCC met 6 times during the year. PCC working groups met bi-monthly. 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; the new PCC governance structure that included the establishment of working groups this year, Safeguarding, worship provision and pastoral care, children and family work, the lighting project for church and faculty application, the audio visual project and Parish Share. Regular reports were given to the PCC from Fabric, Finance and working groups including reports from Deanery & Diocesan Synods.
We have representatives on organisations such as Stratford Churches Together, Street Pastors Scheme and Coventry Cathedral. Reports on their various activities were received 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 2021. 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 15th May 2022 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 2021.
## **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: .5th May 2022
Page 3
## **Shottery St. Andrews Church**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2021**
|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**|2021
Total
funds
£
82,978
14,595
-
26,728
124,301
101,786
1,074
102,860
21,441
146,360
167,801|2020
Total
funds
£
73,658
9,415
2
17,907
100,982
89,002
1,062
90,064
10,918
135,442
146,360|
|---|---|---|
The notes form part of these financial statements
Page 4
## **Shottery St. Andrews Church**
## **BALANCE SHEET 31ST DECEMBER 2021**
|2021
Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
7
5,263
Investments
8
179,770
185,033
**CURRENT ASSETS**
Debtors
9
10,563
Cash at bank
64,701
75,264
**CREDITORS**
Amounts falling due within one year
10
(92,496)
**NET CURRENT ASSETS**
(17,232)
**TOTAL ASSETS LESS CURRENT LIABILITIES**
167,801
**NET ASSETS**
167,801
**FUNDS**
11
Unrestricted funds
167,801
**TOTAL FUNDS**
167,801|2020
Total
funds
£
6,191
153,042
159,233
14,419
58,642
73,061
(85,934)
(12,873)
146,360
146,360
146,360
146,360|
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 15th May 2022. and were signed on its behalf by:
............................................. Revd. Craig Croocock 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 2021**
## **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.
## **Taxation**
The charity is exempt from tax on its charitable activities.
continued...
Page 6
**Shottery St. Andrews Church**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **1. ACCOUNTING POLICIES - continued**
## **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**
|Activities for generating funds: Events proceeds
Fund-raising (Searchlight)
Fund-raising (Parish Centre)
Hall hire
Fees|2021
£
1,320
953
747
8,847
2,728
14,595|2020
£
1,949
1,076
619
4,196
1,575
9,415|
|---|---|---|
|**3.**|**INVESTMENT INCOME**|||||
|---|---|---|---|---|---|
|||2021||2020||
|||£||£||
||Dividends and interest||-||2|
continued...
Page 7
**Shottery St. Andrews Church**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **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|2021
£
770
2,303
3,472
72
5,362
6,027
71,368
43
9,887
928
100,232|2020
£
550
1,376
3,480
-
4,296
3,798
62,470
56
11,018
1,105
88,149|
|---|---|---|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st December 2021 nor for the year ended 31st December 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31st December 2021 nor for the year ended 31st December 2020.
## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
||Unrestricted|
|---|---|
||fund|
||£|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies|73,658|
|Other trading activities|9,415|
|Investment income|2|
|Other income|17,907|
|**Total**|100,982|
|**EXPENDITURE ON**||
|Raising funds|89,002|
|Other|1,062|
continued...
Page 8
**Shottery St. Andrews Church**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
|**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**
**TANGIBLE FIXED ASSETS**
Plant and
machinery
£
**COST**
At 1st January 2021 and
31st December 2021
7,978
**DEPRECIATION**
At 1st January 2021
5,967
Charge for year
302
At 31st December 2021
6,269
**NET BOOK VALUE**
At 31st December 2021
1,709
At 31st December 2020
2,011|Unrestricted
fund
£
90,064
10,918
135,442
146,360
Fixtures
and
Computer
fittings
equipment
Totals
£
£
£
21,808
2,693
32,479
19,433
888
26,288
356
270
928
19,789
1,158
27,216
2,019
1,535
5,263
2,375
1,805
6,191|
|---|---|
**7. TANGIBLE FIXED ASSETS**
continued...
Page 9
## **Shottery St. Andrews Church**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **8. FIXED ASSET INVESTMENTS**
|**FIXED ASSET INVESTMENTS**||
|---|---|
||Listed|
||investments|
||£|
|**MARKET VALUE**||
|At 1st January 2021|153,042|
|Revaluations|26,728|
|At 31st December 2021|179,770|
|**NET BOOK VALUE**||
|At 31st December 2021|179,770|
|At 31st December 2020|153,042|
There were no investment assets outside the UK.
Cost or valuation at 31st December 2021 is represented by:
|||Listed|
|---|---|---|
|||investments|
|||£|
|Valuation in|2020|153,042|
|Valuation in|2021|26,728|
|||179,770|
## **9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Other debtors
Tax recoverable|2021
£
796
9,767
10,563|2020
£
6,313
8,106
14,419|
|---|---|---|
continued...
Page 10
## **Shottery St. Andrews Church**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Restricted Funds
Freda Lax Bequest
Children’s activities
Bishopton Activities
Walsingham Pilgrimage
Marion Davies Bequest
Electrical work and roof repairs
Vicar's Board
Vicar's Discretion
Total restricted funds
Plaque maintenance
Fees account expenses
Other|2021
£
57,907
2,038
2,809
3,385
964
538
50
255
67,946
682
995
22,873
92,496|
|2020
£
58,078
2,009
2,809
2,300
-
-
50
255
65,501|
|---|---|---|---|
||||707
2,122
17,604
85,934|
|||||
## **11. MOVEMENT IN FUNDS**
|Unrestricted funds
Total funds|At 1.1.21
Net
movement in
funds
£
£
146,360
21,441
146,360
21,441|At 31.12.21
£
167,801
167,801|
|---|---|---|
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 2021**
## **11. MOVEMENT IN FUNDS - continued**
|Unrestricted funds|Incoming
resources
£
124,301
124,301|Resources
expended
£
102,860
102,860|Movement in
funds
£
21,441
21,441|
|---|---|---|---|
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31st December 2021.
Page 12
## **Shottery St. Andrews Church**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2021**
|**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|2021
Total
funds
£
57,224
15,679
849
2,232
6,994
82,978
1,320
953
747
8,847
2,728
14,595
-
26,728
-
26,728
124,301
1,554|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|
|---|---|---|
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 2021**
|**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**|2021
Total
funds
£
770
2,303
3,472
72
5,362
6,027
71,368
43
9,887
928
100,232
1,074
102,860
21,441|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|
|---|---|---|
This page does not form part of the statutory financial statements
Page 14