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2020-12-31-accounts

REGISTERED CHARITY NUMBER: 1132329

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2020

1

THE PAROCHIAL CHURCH COUNCIL KIDDERMINSTER ISMERE

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

Contents
Annual Report
Independent Examiner’s Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
Page
3
7
8
9
10

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2020

The PCC members (the Trustees) present their annual report and accounts for the year ended 31st December 2020 which comply with the Church Accounting Regulations 2006 and the Charity Commission’s Statement of Recommended Practice.

Administrative Information

The Ecclesiastical Parish of KIDDERMINSTER ISMERE is a benefice consisting of the churches of Holy Trinity - Trimpley,

St Barnabas - Franche, St John the Baptist - Wolverley, St Mary and All Saints – Kidderminster, St Oswald – Broadwaters,

St Peter – Cookley, St Peter – Upper Arley. The churches form a Team Ministry, in the Diocese of Worcester within the Church of England. The correspondence address is The Parish Office Churchfields Kidderminster Worcestershire DY10 2JN. Tel No: 01562 751923. Email:– office@ismere.co.uk

The Parochial Church Council (PCC) registered as a charity on 26[th] October 2009. The registered charity number is 1132329.

PCC members who have served from 1 January 2020 to the date this report was approved are: Ex Officio Members

Team Rector The Reverend Nigel Taylor (Chairman) Team Vicar: The Reverend Simon Archer Team Vicar The Reverend Bridget Woodall (resigned December 2020) Licensed lay ministers Sue Bullock Licensed lay minister and Ian Strongman Parish Safeguarding Officer Secretary: Angela Hayden Treasurer: Vacant

Deanery Synod Representatives

Holy Trinity Jane Twigg St Mary and All Saints Vacancy St. Barnabas Sue Hignell St. John’s Wolverley Cynthia Partridge St. Peter’s Cookley Barbara Pugh St. Peter’s Upper Arley Louvain Beer St. Oswald’s Sheila Mason

PCC Members

Susan MacAskill (Resigned October 2020) Alan Wombell Jane Twigg Susan Wombell Barrie Lewis Eileen Holt Mariea Hickman Kirsty Wilks Cynthia Partridge Paul Blackham Brian Murkett Sue Murkett Ross Page Martin Hollings Jackie Light Dudley Light Charles Beer Anita Perkins (resigned October 2020) Louvain Beer Jessica Hignell

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2020

Administrative Information (Continued)

Authorised lay ministers

Children & Youth Kirsty Williams Pastoral Chris Lewis Sue Wombell Worship Leaders Louvain Beer Jill Jackson (retired 2020) Barrie Lewis Jim Pearman (deceased 2020) June Thomas Margaret Tindal Jane Twigg Kirsty Wilkes Martin Hollings

Worship Leader & Administration Polly Smith

Numbers on electoral roll :

Holy Trinity
St Barnabas
St John the Baptist
St Mary and All Saints
St Oswald
St Peter Cookley
St Peter Upper Arley
2020


22
20
36
40
50
50
81
84
20
20
52
12
-----
------
273
279
====
====
2019
53
12

Structure, Governance and Management

The PCC is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC is a Registered Charity.

The method of appointment of PCC members is set out in the Church Representation Rules. The membership of the PCC consists of the incumbent, churchwardens and members elected by those members of the congregation who are on the electoral roll of the church. All those who attend our services/members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC.

The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. New members receive initial training into the workings of the PCC.

Given its wide responsibilities, the PCC delegates decisions regarding the day to day management of the seven churches in the benefice to the District Church Council of each church but, where appropriate, the DCCs refer decisions to the PCC. The DCCs remain accountable to the PCC and report back regularly on activities and decisions in the respective churches. The DCCs have a number of committees, each dealing with a particular aspect of parish life. These committees include worship, mission and outreach and fabric and finance. Committees report back to the DCC.

The PCC is aware of its duty to have due regard to the House of Bishops’ guidance on safeguarding children and vulnerable adults. From 2017 the PCC has used the “Safeguarding Toolkit” provided by the diocese as a way of self-assessment, to seek to ensure it fulfils that duty. The PCC continues to

comply with the duty to have “due regard” to the House of Bishops’ guidance in relation to safeguarding.

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2020 (Continued)

Volunteers

We would like to thank all the volunteers, Local Licensed Ministers and Authorised Lay Ministers who support the parish vision to take the Good News of Jesus Christ to those who choose to hear it and work so hard to make our church the lively and vibrant community it is.

Risk Assessment

The members of the PCC regularly review the risks to which the Council might be exposed and recommend action to mitigate these or to manage the risk appropriately. The PCC reviews its Child Protection and Health and Safety policies on an annual basis. Financial risks are regularly reviewed.

Objectives and Activities

The PCC is committed to enabling as many people as possible to worship at our churches and to become part of our parish community. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament. When planning our activities for the year, we have considered the Commission's guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through:

To facilitate this work it is important that we maintain the fabric of the seven church buildings within the parish and also our hall buildings for community use.

Staff Establishment.

----- Start of picture text -----
Churches for Clergy Establishment
which clergy December 2020
posts have
pastoral
responsibility
St Mary and All Team Vicar, Simon Archer licensed on 3 [rd] March
Saints 2019 with pastoral responsibility for 3 churches.
St Peter Upper As part of the Churchfields Local Ecumenical
Arley Partnership this post is also an ‘Associate
Holy Trinity Presbyter’ in the Methodist Church.
Trimpley
St Peter Cookley Team Rector with pastoral responsibility for 2
St Oswald churches. As part of the Broadwaters Local
Broadwaters Ecumenical Partnership this post is also an
‘Associate Presbyter’ in the Methodist Church
St John Wolverley Team Vicar employed with pastoral
St Barnabas responsibility for St Barnabas Franche and St
Franche John Wolverley. Post holder resigned and will not
be replaced.
----- End of picture text -----

KIDDERMINSTER ISMERE PCC has the responsibility of co-operating with the Clergy Team, in promoting ministry and mission in the Parish. It also has maintenance responsibilities for the church buildings of Holy Trinity - Trimpley, St Barnabas - Franche,

St John’s - Wolverley, St Mary’s and All Saints – Kidderminster, St Oswald’s – Broadwaters, St Peter’s – Cookley,

St Peter’s – Upper Arley.

Six of the seven churches hold a Sunday morning service each week and the seventh, Holy Trinity Trimpley, has Sunday morning services three out of four weeks. When there is a fifth Sunday in the month the churches join together for a Sunday morning Team service.

Each church has embarked on considering its own context and mission field and will be working out how it engages with its local community over the coming years. This will be in a variety of ways depending on what can be offered by the church and what is needed by the community. In key areas such as St Mary and All Saints, St Oswald’s, St John’s and St Barnabas, our church buildings and associated church halls provide important meeting and celebration places.

Social Action

In the past 2 years, specific social action projects have developed in addition to the engagement with the community via schoolwork. These are a ‘Dementia Café’ in Cookley and a ‘Place of Welcome’ Café at St Oswald’s Broadwaters. The Parish is committed to continuing its support of Faith at Work Worcester with continued Chaplaincy work in the town’s retail sector and market. THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2020 (Continued)

PCCs and DCCs

The PCC is the legal body for the Team and delegates the maintenance of the church buildings and mission in the local context to the District Church Councils which meet a minimum of 4 times per year.

Achievements and Performance

This year, 2020, has been an unprecedented year due to the COVID 19 Pandemic. Due to the closure of church buildings from 23[rd] March to 4[th] July and the continuation of social distancing and safety measures, the team has not achieved all it set out to do at the beginning of the year. We are however proud that although our buildings closed we were able to adapt and provide on line worship via social media every Sunday of the year and even when we were back in church we continued to ‘livestream’ services in order that those who were shielding and felt too vulnerable to attend church were able to be part of our worshipping community.

An area for improvement highlighted by the pandemic is communication and a strategy has been put in place to improve this. First stage was the renewal of the Parish Website which was up and running from November 2020

Financial Review

Total receipts on unrestricted funds were £193,977 (2019: £262,874) and are detailed in the financial statements.

£228,635 (2019: £240,942) was spent to provide Christian Ministry including the contribution to the diocesan parish share.

Total receipts on restricted funds were £18,846 (2019: £21,738) and are detailed in the financial statements. £19,927 (2019: £18,600) was spent out of restricted funds. The principle funding sources are voluntary contributions from members of the seven churches in the parish and these have not been collected on a regular basis due to the closure of our buildings during pandemic lockdown.

Reserves Policy

The PCC has a policy for unrestricted reserves for its ‘Team Fund’ to maintain a reserve to facilitate ongoing running of the team for a 6 month period. Unrestricted reserves at 31[st] December 2020 amounted to £209,600 (2019: £242,019) and restricted reserves amounted to £403,501 (2019: £427,550).

PCC MEMBERS’ RESPONSIBILITIES

The PCC members are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Parochial Church Council on 8[th] May2021 and signed on its behalf by:

The Reverend Nigel Taylor Team Rector and Chair of PCC

REPORT OF THE INDEPENDENT EXAMINER TO THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE

I report to the charity trustees on my examination of the accounts of the PCC for the year ended 31 December 2020 which are set out on pages 8 to 23.

Respective Responsibilities of Trustees and Examiner

The church’s trustees are responsible for the preparation of the accounts. The church’s trustees consider that an audit is not required for this year under section144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a true and fair view and the report is limited to those matters set out in the statement below.

Independent examiners statement

Since the gross income for the year exceeds the amount provided in section 145(3) of the 2011 Act, I confirm that I am qualified to act as Independent Examiner under the provisions of that section of the Act and that my qualification is as shown below.

In connection with my examination, no matter has come to my attention:

  1. Which gives me reasonable cause to believe that in any material respect the requirements

  2. To keep accounting records in accordance with section 130 of the 2011 Act; and

  3. To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or

  4. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

John Dennis Neale FAIA Membership No. F 71573 Meadowcroft Callowhill Rock Kidderminster Worcestershire DY14 9XW

Date :

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

FOR THE YEAR ENDED 31
DECEMBER 2020
2020
2020
2020
2019
2019
2019
Total
Unrestric
ted
Restric
ted
Total
Unrestric
ted
Restrict
ed
Funds
Funds
Funds
Fund
s
Funds
Funds
Not
e
£
£
£
£
£
£
INCOMING RESOURCES
2
Voluntary Income 13149
3
122070
9423
1669
88
161790
5198
Activities for generating
funds
3384
1949
1435
1292
6
11059
1867
Investment income 11673
9988
1685
1314
3
11279
1864
Church activities 42369
36066
6303
7796
1
66235
11726
Other incoming resources 23904
23904
0
1359
4
12511
1083
21282
3
193977 18846 2846
12
262874 21738
RESOURCES EXPENDED
3
Costs of generating funds 292
271
21
1835
1835
0
Church activities 14182
7
139954
1873
1443
43
142043
2300
Church expenses 79224
72853
6371
8926
6
79238
10028
Major capital expenditure 19954
12352
7602
1402
3
8472
5551
Other resources expended 7265
3205
4060
1007
5
9354
721
24856
2
228635 19927 2595
42
240942 18600
SURPLUS / (DEFECIT) FOR
YEAR
-
35739
-34658
-1081
2507
0
21932
3138
Investment changes
6
-
11673
3313
-14986
5320
2
5805
47397
Net movement in Debtors &
Creditors
-9056
-1074
-7982
0
0
0
Prioryear adjustment 0 0
0
NET MOVEMENT IN FUNDS
for theyear
-
56468
-32419
-24049
7827
2
27737
50535
BALANCES BROUGHT FORWARD
01.01.2020
66956
9
242019
427550
5912
97
214282
377015
BALANCES CARRIED FORWARD
31.12.2020
61310
1
209600 403501 6695
69
242019 427550

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2020

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2020
THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2020
THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2020
THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2020
2020
2019
Note
£
£
FIXED ASSETS
Investment Assets
6
304299
315972
CURRENT ASSETS
Short Term Deposits
189599
198847
Cash at Bank
119752
134840
Debtors
10926
24392
320277 358079
CURRENT LIABILITIES
Trade Creditors
11475
4482
NET ASSETS 613101 669569
FUNDS
Unrestricted
209600
242019
Restricted
7
403501
427550
TOTAL FUNDS 613101 669569
Approved by the Parochial Church Council on 8th May 2021 and signed on
its behalf by
Revd. Nigel Taylor ( Chairman & Team Rector
)

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

1. ACCOUNTING POLICIES

General information and basis of preparation

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Church Accounting Regulations 2006 and UK Generally Accepted Accounting Practice.

The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A.

The financial statements are prepared on a going concern basis under the historical cost convention, except for the valuation of investments which are shown at market value. The

financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

The financial statements have been prepared under the historical cost convention except for the valuation of investments 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.

Incoming Resources

Recognition of incoming resources

These are included in the Statement of Financial Activities (SOFA) when:

i) the PCC becomes legally entitled to the benefit of use of the resources. ii) their ultimate receipt is virtually certain; and iii) the monetary value can be measured with sufficient reliability.

Fundraising

Funds raised from events and trading activities (e.g. a fête, a garden party or sales of books and magazines) are reported gross in the SOFA, i.e. before any related costs that may have been deducted from the gross proceeds.

Grants and donations

Grants and donations are included in the SOFA when any preconditions preventing their use by the PCC have been met.

For collections and planned giving this is when the funds are received.

Legacies

Legacies are included when the amount receivable has been received.

Gift Aid tax claims etc on cash donations

Gift Aid and other tax claims are included in the SOFA at the same time as the cash donations to which they relate.

Volunteer help

No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees’ Annual Report.

Rental income

Rental income from the letting of church premises is recognised when the rental is received

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020 (Continued)

1. ACCOUNTING POLICIES (Continued)

Investment income

This is included in the accounts when receivable.

Investment gains and losses

This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

Expenditure and Liabilities

Expenditure recognition

All expenditure is accounted for when payment is made.

Governance costs

Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters.

Grants payable without performance conditions

These are recognised in the accounts when received.

Liability recognition

Liabilities are recognised as soon as the legal or constructive obligation arises.

Assets

Consecrated and benefice property

Consecrated and benefice property of any kind is excluded from the financial statements by Section 10(2) (a) and (c) of the Charities Act 2011.

Moveable church furnishings

These are capitalised at cost and depreciated over their useful economic life other than where insufficient cost information is available. In this case the item is not capitalised.

Investments

Investments quoted on a recognised stock exchange or whose value derives from them (CIFs, etc) are valued at market value at the year end. Other investment assets are included at trustees’ best estimate of market value.

Short-term deposits

Include cash held on deposit either with the CBF Church of England Funds or at the bank.

Funds

Unrestricted funds

These represent the remaining income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its “free reserves” as disclosed in the trustees’ report.

Restricted funds

These are income funds that must be spent on restricted purposes and details of the funds held and restrictions provided are shown in the notes to the accounts.

Taxation

The Charity has charitable status and is thus exempt from taxation of its income and gains falling within Section 505 of the Taxes Act 1988 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that they are applied to its Charitable activities.

Value Added Tax

Under normal circumstances the Charity incurs VAT on expenditure and this is irrecoverable. Consequently in such instances the VAT is included as part of the cost. However there are occasions where the charity is entitled to recover VAT incurred on major expenditure under the Listed Places of Worship Scheme (LPWS). Under such circumstances only the cost of the work/service, excluding VAT, is included in the accounts. The VAT recovered under the LWPS is netted against the VAT incurred on the cost.

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 (Continued)

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2020

31ST DECEMBER 2020 31ST DECEMBER 2020
Note
2020
2020 2020
2019
2019
2019
2. TOTAL INCOMING
RESOURCES
Total
Unrestri
cted
Restric
ted
Total
Unrestri
cted
Restrict
ed
Fund
s
Funds Funds
Fund
s
Funds
Funds
INCOMING RESOURCES
£
£ £
£
£
£
Voluntary Income
Tax efcient planned giving
5206
4
52004 60
5789
7
57837
60
Other planned giving
1117
0
10919 251
1379
4
13538
256
Collections at services
8638
8568 70
1903
0
18634
396
All other giving and
voluntary income
1607
9
14245 1834
3311
6
29294
3822
( including Special Appeals &
Donations )
Gift Aid recovered
1755
0
17112 438
2405
1
23959
92
Legacies
8022
8022 0
8000
8000
0
Grants
1797
0
11200 6770
1110
0
10528
572
TOTAL Voluntary income 1314
93
122070 9423 1669
88
161790
5198
Activities for generating
funds
Gross income from fundraising
activities
3384 1949 1435 1292
6
11059
1867
Investment income
Dividends, interest, income from
property
1167
3
9988 1685 1314
3
11279
1864
Church activities
Statutory fees retained by
the PCC
1798
9
17989 0
2927
1
29271
0
Gross income from trading
2438
0
18077 6303
4869
0
36964
11726
( hall lettings, magazine, bookstall
etc )
4236
9
36066 6303 7796
1
66235
11726
Other incoming
resources
Other none tradingincome 2390
4
23904 0 1359
4
12511
1083
TOTAL INCOME before Internal
Transfers
2128
23
193977 18846 2846
12
262874
21738
Internal Transfers
9272
9272 0
1378
9
13789
0
TOTAL INCOME after
Internal Transfers
4
2220
95
203249 18846 2984
01
276663 21738

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2020

2020
2020
2020
2019
2019
2019
2020
2020
2020
2019
2019
2019
2020
2020
2020
2019
2019
2019
2020
2020
2020
2019
2019
2019
2020
2020
2020
2019
2019
2019
2020
2020
2020
2019
2019
2019
2020
2020
2020
2019
2019
2019
2020
2020
2020
2019
2019
2019
3. TOTAL RESOURCES
EXPENDED
Total
Unrestric
ted
Restric
ted
Total
Unrestric
ted
Restrict
ed
Fund
s
Funds
Funds
Funds
Funds
Funds
Not
e
£
£
£
£
£
£
Costs of generating funds
Fundraising activities costs
andpayments
292 271
21
1835 1835
0
Church activities
Mission giving and donations
1547
6
15436
40
14777
14703
74
Diocesan parish share
contribution
1102
92
110292
0
10751
4
107514
0
Salaries, wages and honoraria
1295
7
11124
1833
17991
15765
2226
Clergy and staf expenses
3102
3102
0
4061
4061
0
14182
7
139954
1873
14434
3
142043
2300
Church expenses
Mission and Evangelism
1627
1627
0
1426
1358
68
Church running expenses (inc.
Governance)
3616
1
35937
224
40566
37661
2905
Church maintenance
1053
4
8723
1811
15157
11866
3291
Church utility bills
1331
0
9336
3974
17307
13742
3565
Cost of trading
1759
2
17230
362
14810
14611
199
7922
4
72853
6371
89266 79238
10028
Major capital expenditure
Major repairs to the church
building
1502
5
7423
7602
12693
7142
5551
Major repairs to church hall or
other PCC
4429
4429
0
1330
1330
0
property including
redecoration
New building work to the
church, church hall,
500
500
0
0
0
0
clergy housing or other PCC
property
1995
4
12352 7602 14023 8472 5551
Other resources expended
Other none tradingexpenses 7265 3205
4060
10075 9354
721
TOTAL EXPENDITURE
before Internal Transfers
2485
62
228635 19927 25954
2
240942 18600
Internal Transfers
9272
9272
0
13789
13789
0

TOTAL EXPENDITURE after 2578 27333 Internal Transfers 5 34 237907 19927 1 254731 18600

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
4. TOTAL INCOMING
RESOURCES-
Holy
St
St
St
St
St
St
St
ISMER
E
ISME
RE
2020
Trinity
Barna
bas
John
the
Mar
y
Oswal
ds
Peters
Peters
Barnab
as
Comm
on
Fees
Total
Trimpl
ey
Franch
e
Bapti
st
Cook
ley
Upper
Arley
Comm
Hall
Fund
Accou
nt
Voluntary Income
£
£
£
£
£
£
£
£
£
£
£
Tax efcient planned giving
5206
4
4358
3476
7463
220
20
4152
8905
1690
0
0
0
Other planned giving
1117
0
529
3811
2046
280
0
907
1077
0
0
0
0
Collections at services
8638
32
644
1633
231
2
185
2402
1430
0
0
0
All other giving and voluntary
income
1607
9
708
1966
4556
513
8
891
1315
1505
0
0
0
(including Special Appeals &
Donations)
Gift Aid recovered
1755
0
1278
1899
3856
356
8
1497
3248
2204
0
0
0
Legacies
8022
0
0
0
0
0
0
8022
0
0
0
Grants
1797
0
0
0
0
677
0
0
1000
0
10000
200
0
TOTAL Voluntary income 1314
93
6905 11796 19554 426
08
7632 17947 14851 10000 200 0
Activities for generating
funds
Gross income from fundraising
activities
3384 1435 231 898 0 111 709 0 0 0 0
Investment income
Dividends, interest, income from
property
1167
3
225 6 366 971
4
95 260 1007 0 0 0
Church activities
Statutory fees retained by the
PCC
1798
9
1078
810
4593
201
8
0
5136
3071
0
1283
0
Gross income from trading
2438
0
1301
4137
3992
559
3
3498
16
0
5843
0
0
(hall lettings, magazine,
bookstall etc)
4236 2379 4947 8585 761 3498 5152 3071 5843 1283 0
9 1
Other incoming resources
Other none tradingincome 2390
4
0 18524 1052 0 0 691 0 0 235 3402
Transfers 9272 0 0 0 0 0 0 0 0 9272 0
TOTAL INCOME 2220
95
10944 35504 30455 599
33
11336 24759 18929 15843 10990 3402
THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
4a. UNRESTRICTED INCOMING
RESOURCES-
Holy
St
St
St
St
St
St
St
ISMER
E
ISME
RE
2020
Trinity
Barna
bas
John
the
Mar
y
Oswalds
Peters
Peters
Barnab
as
Comm
on
Fees
INCOMING RESOURCES-
Total
Trimpl
ey
Franch
e
Bapti
st
Broadwa
ters
Cook
ley
Upper
Arley
Comm
Hall
Fund
Accou
nt
Voluntary Income
£
£
£
£
£
£
£
£
£
£
£
Tax efcient planned giving
5200
4
4358
3476
7403
220
20
4152
8905
1690
Other planned giving
1091
9
529
3811
1795
280
0
907
1077
Collections at services
8568
644
1633
231
2
147
2402
1430
All other giving and voluntary
income
1424
5
150
1966
4556
393
6
817
1315
1505
( including Special Appeals &
Donations )
Gift Aid recovered
1711
2
918
1899
3778
356
8
1497
3248
2204
Legacies
8022
0
8022
Grants
1120
0
0
1000
10000
200
TOTAL Voluntary income 1220
70
5955 11796 19165 346
36
7520 17947 14851 10000 200 0
Activities for generating funds
Gross income from fundraising
activities
1949 231 898 0 111 709
Investment income
Dividends, interest, income from
property
9988 225 5 227 921
3
95 223
Church activities
Statutory fees retained by the PCC
1798
9
1078
810
4593
201
8
5136
3071
1283
Gross income from trading
1807
7
4137
3992
591
3498
16
5843
(hall lettings, magazine, bookstall
etc)
3606
6
1078 4947 8585 260
9
3498 5152 3071 5843 1283 0
Other incoming resources
Other none tradingincome 2390
4
18524 1052 691 235 3402
Transfers 9272 0 0 0 0 0 0 0 9272
TOTAL INCOME 2032
49
7258 35503 29927 464
58
11224 24722 17922 15843 10990 3402
THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
4b. RESTRICTED INCOMING
RESOURCES-
Holy
St
St
St
St
St
St
St
ISMER
E
ISME
RE
202
0
Trini
ty
Barna
bas
John
the
Mar
y
Oswalds
Peters
Peters
Barnab
as
Comm
on
Fees
INCOMING RESOURCES
Tota
l
Franch
e
Baptis
t
Broadwat
ers
Cook
ley
Upper
Arley
Comm
Hall
Fund
Accou
nt
Voluntary Income
£
£
£
£
£
£
£
£
£
£
£
Tax efcient planned giving
60
60

Other planned giving
251
251
Collections at services
70
32
38
All other giving and voluntary
income
183
4
558
1202
74
( including Special Appeals &
Donations )
Gift Aid recovered
438
360
78
Legacies
0
Grants
677
0
0
6770
TOTAL Voluntary income 942
3
950 0 389 7972 112 0 0 0 0 0
Activities for generating funds
Gross income from fundraising
activities
143
5
1435 0 0 0
Investment income
Dividends, interest, income from
property
168
5
1 139 501 37 1007
Church activities
Statutory fees retained by the
PCC
0
Gross income from trading
630
3
1301
5002
0
(hall lettings, magazine,
bookstall etc)
630
3
1301 0 0 5002 0 0 0 0 0 0

Other incoming resources

Other none tradingincome 0 0 0
Transfers 0 0 0 0 0 0 0 0 0
TOTAL INCOME 188
46
368
6
1 528 134
75
112 37 1007 0 0 0

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2020

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
5. TOTAL RESOURCES EXPENDED
Holy
St
St
St
St
St
St
St
ISMER
E
ISME
RE
2020
Trini
ty
Barna
bas
John
the
Mar
y
Oswalds
Peters
Peters
Barnab
as
Comm
on
Fees
Total
Bapti
st
Broadwa
ters
Cook
ley
Upper
Arley
Comm
Hall
Fund
Accou
nt
£
£
£
£
£
£
£
£
£
£
£
Costs of generating funds
Fundraising activities costs and
payments
292 0 0 260 0 21 11 0 0 0 0
Church activities
Mission giving and donations
1547
6
40
551
251
150
0
304
0
30
12800
0
0
Diocesan parish share contribution
1102
92
778
8
15962
21722
220
50
11277
19414
12079
0
0
0
Salaries, wages and honoraria
1295
7
260
545
442
602
5
0
0
485
0
5200
0
Clergy and staf expenses
3102
0
0
0
0
0
0
0
0
3102
0
1418
27
808
8
17058 22415 295
75
11581 19414 12594 12800 8302 0
Church expenses
Mission and Evangelism
1627
0
248
0
0
0
0
0
0
1379
0
Church running expenses (inc.
Governance)
3616
1
154
2
2064
7351
121
94
944
5862
2166
0
4038
0
Church Maintenance
1053
4
0
0
0
870
6
623
0
1205
0
0
0
Church utility bills
1331
0
487
1675
1718
599
6
1053
1456
925
0
0
0
Cost of trading
1759
2
0
7400
4078
362
0
0
0
5752
0
0
7922
4
202
9
11387 13147 272
58
2620 7318 4296 5752 5417 0
Major capital expenditure Major capital expenditure Major capital expenditure Major capital expenditure Major capital expenditure Major capital expenditure Major capital expenditure Major capital expenditure Major capital expenditure Major capital expenditure Major capital expenditure Major capital expenditure
Major repairs to the church building
1502
5
360
4560
472
879
3
0
685
0
0
155
0
Major repairs to church hall or other
PCC
4429
0
0
0
0
0
4429
0
0
0
0
property including redecoration
New building work to the church,
church hall,
500
0
0
0
0
0
500
0
0
0
0
clergy housing or other PCC
property
1995
4
360 4560 472 879
3
0 5614 0 0 155 0
Other resources expended
Other none tradingexpenses 7265 0 3940 1185 460 0 422 0 0 1258 0
Transfers 9272 534 1094 1489 322
3
773 1331 828 0 0 0
TOTAL EXPENDITURE 2578
34
110
11
38039 38968 693
09
14995 34110 17718 18552 15132 0

PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF KIDDERMINSTER ISMERE TEAM NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2020

PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED
31ST DECEMBER 2020
5a UNRESTRICTED RESOURCES
EXPENDED
Holy
St
St
St
St
St
St
St
ISMER
E
ISME
RE
2020
Trinit
y
Barnab
as
John
the
Mar
y
Oswalds
Peters
Peters
Barnab
as
Comm
on
Fees
Total
Franch
e
Baptis
t
Broadwa
ters
Cook
ley
Upper
Arley
Comm
Hall
Fund
Accou
nt
£
£
£
£
£
£
£
£
£
£
£
Costs of generating funds
Fundraising activities costs and
payments
271 0 260 11
Church activities
Mission giving and donations
1543
6
551
251
150
0
304
0
30
12800
Diocesan parish share contribution
1102
92
7788
15962
21722
220
50
11277
19414
12079
Salaries, wages and honoraria
1112
4
260
545
442
419
2
0
485
5200
Clergy and staf expenses
3102
3102
1399
54
8048 17058 22415 277
42
11581 19414 12594 12800 8302 0
Church expenses
Mission and Evangelism
1627
248
1379
Church running expenses (inc.
Governance)
3593
7
1542
2064
7351
119
70
944
5862
2166
4038
Church Maintenance
8723
810
0
623
Church utility bills
9336
487
1675
1718
202
2
1053
1456
925
Cost of trading
1723
0
7400
4078
5752
0
7285
3
2029 11387 13147 220
92
2620 7318 3091 5752 5417 0
Major capital expenditure
Major repairs to the church building
7423
4560
0
202
3
685
155
Major repairs to church hall or other PCC
4429
4429
0
property including redecoration
New building work to the church, church
hall,
500
500
clergy housing or other PCC property
1235
2
0 4560 0 202
3
0 5614 0 0 155 0
Other resources expended
Other none tradingexpenses 3205 340 1185 422 1258
Transfers 9272 534 1094 1489 322
3
773 1331 828 0 0
TOTAL EXPENDITURE 2379
07
1061
1
34439 38496 550
80
14974 34110 16513 18552 15132 0

PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF KIDDERMINSTER ISMERE TEAM NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2020

PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR
ENDED 31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR
ENDED 31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR
ENDED 31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR
ENDED 31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR
ENDED 31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR
ENDED 31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR
ENDED 31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR
ENDED 31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR
ENDED 31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR
ENDED 31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR
ENDED 31ST DECEMBER 2020
PAROCHIAL CHURCH COUNCIL OF THE BENEFICE AND PARISH OF
KIDDERMINSTER ISMERE TEAM
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR
ENDED 31ST DECEMBER 2020
5b. RESTRICTED RESOURCES EXPENDED
Holy
St
St
St
St
St
St
St
ISMER
E
ISME
RE
2020
Trinity
Barnaba
s
John
the
Mar
y
Oswalds
Peters
Peters
Barnab
as
Comm
on
Fees
Total
Franche
Bapti
st
Broadwate
rs
Cook
ley
Upper
Arley
Comm
Hall
Fund
Acco
unt
£
£
£
£
£
£
£
£
£
£
£
Costs of generating funds
Fundraisingactivities costs andpayments 21 21
Church activities
Mission giving and donations
40
40
Diocesan parish share contribution
0
Salaries, wages and honoraria
1833
183
3
Clergy and staf expenses
0
1873 40 0 0 183
3
0 0 0 0 0 0
Church expenses
Mission and Evangelism
0
0
Church running expenses (inc. Governance)
224
0
224
Church Maintenance
1811
606
1205
Church utility bills
3974
397
4
Cost of trading
362
362
6371 0 0 0 516
6
0 0 1205 0 0 0
Major capital expenditure
Major repairs to the church building
7602
360
0
472
677
0
Major repairs to church hall or other PCC
0
property including redecoration
New building work to the church, church hall,
0
clergy housing or other PCC property
7602 360 0 472 677
0
0 0 0 0 0 0
Other resources expended
Other none tradingexpenses 4060 3600 460
Transfers 0 0 0 0 0 0 0 0 0 0
TOTAL EXPENDITURE 19927 400 3600 472 142
29
21 0 1205 0 0 0

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2020

NOTES TO THE FINANCIAL STATEMENT
31ST DECEMBER 2020
NOTES TO THE FINANCIAL STATEMENT
31ST DECEMBER 2020
FOR THE YEAR ENDED FOR THE YEAR ENDED FOR THE YEAR ENDED
6. FIXED ASSETS
2020
2020
2020
2019
2019
2019
Total Unrestrict
ed
Restrict
ed
Total
Unrestric
ted
Restric
ted
Funds Funds
Funds
Fund
s
Funds
Funds
Investment Fixed Assets
£
£
£
£
£
£
Market Value 1st January
2020
31597
2
50274
265698
2627
70
44469
218301
Investment
0
0
0
0
0
0
Net gain / loss on
Revaluation
-
11673
3313
-14986
5320
2
5805
47397
Market Value 31st December
2020
30429
9
53587
250712
3159
72
50274
265698
£ £
Holy Trinity
6094
5700
St. Barnabas
0
0
St.John the Baptist
29587
2687
1
St. Mary's
26301
3
2781
51
St. Oswalds
0
0
St.Peter's Cookley
5605
5250
St. Peter's Upper Arley
0
0
St. Barnabas Community
Hall
0
0
Ismere Team Common Fund
0
0
Ismere Team Fees Account
30429
9
3159
72

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 (Continued)

FOR THE YEAR ENDED 31 DECEMBER 2020
(Continued)
FOR THE YEAR ENDED 31 DECEMBER 2020
(Continued)
FOR THE YEAR ENDED 31 DECEMBER 2020
(Continued)
FOR THE YEAR ENDED 31 DECEMBER 2020
(Continued)
FOR THE YEAR ENDED 31 DECEMBER 2020
(Continued)
7. Restricted Funds and Designated
Funds
Balance
at
Net
Balance at
1st
January
Income
&
Investme
nt
31st
December
2020
Expendit
ure
Revaluati
ons
2020
£
£
£
£
Holy Trinity - Facilities Fund
5518
3286
8804
Holy Trinity - Toilet Twinning Fund
0
0
St. Barnabas - Fabric Fund
4641
-3599
1042
St. Barnabas - Organ Fund
402
402
St. John the Baptist - Restoration Fund
8347
56
8403
St. John the Baptist - Investment Assets
held by DBF
7667
1034
8701
St. John the Baptist - Investments from
Restoration
14025
-7982
1284
7327
St. John the Baptist - Investments from
Grave Keep
5179
398
5577
St. Mary - Betty French Fund
225596
-21528
204068
St. Mary - Music Fund
739
739
St. Mary - Irene Barker Memorial Fund
456
456
St. Mary - Whittal Chapel Fund 794
Shares in CBF
13233
3443
16676
St. Mary - Whittal Chapel Fund. Deposit
2366
456
2822
St. Mary Organ Fund. Deposit
2247
34
2281
St. Mary Organ Fund 59 Shares in CBF
983
255
1238
St. Mary - Sebright Bread Fund
30
30
St. Mary Chantry
16996
-2333
14663
St. Mary - Kidderminster Parish Church
Bellringers
6775
-200
6575
St. Mary - Baxter Account CBF Deposit
2546
11
2557
St. Mary - Thomas Cook Charity. 48
Shares in CBF
0
0
St. Mary - Ladies Fellowship. Deposit
1058
74
1132
St. Mary - Fair Trade
825
2
827
St. Mary - Get Together group
285
105
390
St. Mary - Christmas Tree festival
71
784
855
St. Mary - Servery redecoration
115
304
419
St. Mary - Flowers
232
10
242
St. Oswald - Cofee Friday
2749
91
2840

St. Peter Cookley - Churchyard Fund
690
47
737
St. Peter Cookley - William Hancocks
Trust Fund
1881
40
77
1998
St. Peter Cookley - Parish Hall Charity
614
614
St. Peter Upper Arley - Fabric Fund
101284
-198
101086
427550 -9059 -14990 403501

All of the funds held by St Mary's are designated funds with the exception of the St Mary's Betty French

Fund which is Restricted. All funds held by the other churches are Restricted.

THE PAROCHIAL CHURCH COUNCIL OF KIDDERMINSTER ISMERE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 (Continued)

8. RELATED PARTY TRANSACTIONS

There were no party related transaction during the year.

9. FUNDS NOT INCLUDED IN THE ACCOUNTS

The PCC supports the work of various church groups which maintain their own bank accounts etc. The accounts of these groups, the funds of which are all considered to be immaterial, are not included in these accounts.

10. GRANTS RECEIVED FROM THE FRIENDS OF ST MARY’S

During the year the Friends of St Marys made a grant of £8,124 to St Mary’s Church to cover the cost of repair work to the drains. When the work was completed and billed the Church applied to the Listed Places of Worship Scheme to recover the VAT incurred on the work. When the VAT, which amounted to £1,354, was recovered it was then given back to the Friends of St Marys. For disclosure purposes only the net position is reflected. Grants received is disclosed as £6,770 under Income in note 4(a), and Church Maintenance is shown as £6,770 under expenditure in note 5(a).