**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:
- Worship and prayer; learning about the gospel; and developing their knowledge and trust in
- Jesus.
- Provision of pastoral care for people living in the parish.
- Missionary and outreach work.
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:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP 2015 (FRS 102);
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
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:
- Examine the accounts under section 145 of the 2011 Act;
- To follow the procedures laid down in the General Directions given by the Charity Commissioners (under section145(5)(b) of the 2011 Act); and
- To state whether particular matters have come to my attention.
## **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
- To keep accounting records in accordance with section 130 of the 2011 Act; and
- To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
2. 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).