2020-12-31-accounts

		Page
Reference and Administrative Detaihr		1-2
Trustees' Report		3-9
Independent Examiner's	Report
Statement of Financial	Activities
Statement of Financial	Position	12
Notes to the Financial Statements		13-22

PRINCIPAL ADDRESS	PRINCIPAL ADDRESS	1 St Chad's Terrace	1 St Chad's Terrace
		Shrewsbury
		Shropshire
		SY1 1JX
REGISTERED	CHARITY	1132443
NUMBER
INDEPENDENT	EXAMINER	TCA (Shrewsbury)	LLP
		Third Floor
		21 St Mary's Street
		Shrewsbury
		Shropshire
		SY1 1ED
BANKERS		Lloyds Bank PLC
		1 Pride Hill
		Shrewsbury
		Shropshire
		SY1 1DG

							2020	2019
				Unrestricted	Restricted	Endowment	Total	Total
				fund	funds	fund	funds	funds
			Notes	5	5		f	6
INCOME AND
ENDOWMENTS FROM
Donations and legacies			2	123,309			123,309	122,473
Church activities			5	3,334			3,334	21,240
Income from activities for
generating funds			3	42,119			42,119	67,350
Investment income			4	20,185			20,185	19,031
Total				188,947			188,947	230,094
EXPENDITURE ON
Activities for generating		funds	6	29,639			29,639	34,999
Church activities
General				169,417		4,000	173,417	229,518
Total				199,056		4,000	203,056	264,517
NET
INCOME/(EXPENDITURE)				(10,109)		(4,000)	(14,109)	(34,423)
RECONCILIATION	OF
FUNDS
Total funds brought
forward				446,720		184,000	630,720	665,143
TOTAL FUNDS CARRIED
FORWARD				436,611	-	180,000	616611	630,720

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF STCHAD WITH STMARY SHREWSBURY	THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF STCHAD WITH STMARY SHREWSBURY
STATEMENT OF FINANCIAL POSITION
	31 DECEMBER 2020
		2020	2019
	Notes	8	6
FIXEDASSETS
Tangible assets	12	585,000	598,000
CURRENT ASSETS
Stocks	13	3,000	3,000
Debtors	14	15,601	20,183
Cash at bank		51,832	77,400
		70,433	100,583
CREDITORS
Amounts falling due within one year	15	(28,182)	(52,272)
NET CURRENT ASSETS		42,251	48,311
TOTAL ASSETSLESSCURRENT
LIABILITIES		627,251	646,311
CREDITORS
Amounts falling due after more than one year 16		(10,640)	(15,591)
NET ASSETS		616,611	630,720
FUNDS	18
Unrestricted funds		436,611	446,720
Endowment funds		180,000	184,000
TOTAL FUNDS		616„611	630„72D

DONATIO	NS AND LEGA	CIES
					2020	2019
		Unrestncted	Restricted	Endowment	Total	Total
		funds	funds	funds	funds	funds
		E	F	F	E	F
Collections and
donations		12,212			12,212	39,620
Income tax recoverable
on gift aid		14,939			14,939	18,977
Legacies		27,000			27,000	12,000
Grants		12,941			12,941
Christian	Stewardship	56,217			56,217	51,876
		123,309			123,309	122,473

						2020	2019
		Unrestricted		Restricted	Endowment	Total	Total
			funds	funds f	funds f	funds f	funds
Car park income			39,518			39,518	49,259
Concert income			2,601			2,601	15,776
Christmas tree festival							2,315
			42 119			42 119	67,350
INVESTMENT INCOME
						2020	2019
		Unrestricted		Restricted	Endowment	Total	Total
			funds f	funds f	funds f.	funds f	funds F
Rents	received		20,129			20,129	18,800
Bank interest			56			56	231
			20 185			20,185	19031
INCOME FROM CHURCH		ACTIVITIES (unrestricted)
						2020 f	2019 f
Parish	hall hire and refreshment		sales			798	5,669
Fees						1,017	3,140
Church	hire					375	9,124
Other						1,144	3307
						3,334	21,240

Costs ofraising d	onations	and le	gacie	s
						2020	2019
		Unrestricted		Restricted	Endowment	Total	Total
		funds		funds	funds	funds	funds
		6		6	F	6	f
Staff costs		28,	150			28,150	25,614
Concert expenses			901			901	7,500
Chnstmas tree festival			588			588	1,885
		29,639				29,639	34999
CHARITABLE ACTIVITIES		COSTS
							Direct
							Costs (see
							note 8)
							6
General							173417
DIRECT COSTS OF CHARITABLE			ACTIVITIES
						2020	2019
						6	6
Wages and salaries						45,305	42,858
Cost ofchurch services						835	2,956
Music and choir costs						2,345	4,922
Organists fees						626	3,400
Choir artists fees						180	365
Property rental costs						144	144
Insurance						9,450	9,210
Gas, electricity and	water					13,795	16,504
Office, phone &computer costs						5,031	5,015
Photocopier costs,	printing,	publicity	and	advertising			257
Pansh share						62,874	75,533
Clergy expenses Repairs and premises costs Other professional fees						(309) 14,862 2,220	11,292 35,920 2,410
Other expenses						382	2,625
Other parish expenses						1,814	1,809
Depreciation						13,000	13,000
Interest payable and similar		charges				863	1,298
						173417	229 518

COMPAR	ATIVES FOR	THE ST	ATEMENT	OF FINANCIAL	ACTIVITIES
				Unrestricted	Restncted	Endowment	Total
				fund	funds	fund	funds
				E	F	F	6
INCOME	AND ENDOWMENTS		FROM
Donations	and legacies			122,473			122,473
Church actiwties				21,240			21,240
Income from activities for generating
funds				67,350			67,350
Investment	income			19,031			19031
Total				230,094			230,094
EXPENDITURE ON
Activities	for generating	funds		34,999			34,999
Church activities
General				225,518		4,000	229,51
Total				260,517		4,000	264,517
NET INCOME/(EXPENDITURE)				(30,423)		(4,000)	(34,423)

11.	COMPARATIVES F	O	R THE STATEMENT	OF FINANCIAL	ACTIVITIES -	continued
				Unrestricted	Restricted	Endowment	Total
				fund	funds	fund	funds
				F	E	F	F
	RECONCILIATION	OF FUNDS
	Total funds brought		forward	477,143		188,000	665,143
	TOTAL FUNDS CARRIED FORWARD			446 720	-	184,000	630,720
12.	TANGIBLE FIXEDASSETS
							Freehold
							property
							F
	COST
	At 1 January 2020 and
	31 December 2020						650,000
	DEPRECIATION
	At 1 January 2020						52,000
	Charge for year						13,000
	At 31 December 2020						65,000
	NET BOOK VALUE
	At 31 December 2020						585 000
	At 31 December 2019						598,000

13.	STOCKS
						2020	2019
						E	F
	Stocks					3,000	3000
14.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
						2020	2019
						F	f
	Other debtors					15,601	20 183
15.	CREDITORS:	AMOUNTS		FALLING DUE WITHIN ONE YEAR
						2020 f	2019
	Taxation and social security						2,059
	Other creditors					28 182	50213
						28,182	52 272
	Included within	other creditors			is a Diocesan	loan off4,890(2019:E4,890) - see further	detail below.
16.	CREDITORS:	AMOUNTS		FALLING DUE AFTER MORE THAN ONE YEAR
						2020	2019
	Other creditors					10,640	15,591

ANALY	SIS OF NET AS	SETS BETWEEN	FUNDS
					2020	2019
		Unrestncted	Restricted	Endowment	Total	Total
		fund 6	funds F	fundf	funds f	funds
Fixed assets		405,000		180,000	585,000	598,000
Current	assets	70,433			70,433	100,583
Current	liabilities	(28,182)			(28,182)	(52,272)
Long term liabilities		~10640)			~10640)	~15,591)
		436,611		180,000	616,611	630,720

MOVE	MENT	IN FUNDS
							Net
							movement	At
						At 1.1.20	in funds	31.12.20
						6	E	f
Unrestricted		funds
General	fund					446,720	(10,109)	436,611
Endowment		funda
Parish	Hall					184,000	(4,000)	180,000
TOTAL	FUNDS
Net movement		in funds,	included		in the above are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
						6	E
Unrestricted		funds
General	fund					188,947	(199,056)	(10,109)
Endowment		funda
Parish	Hall						(4,000)	(4,000)
TOTAL	FUNDS					188947	~203,056)	~14 109)
Comparativea		for movement		in	funds
							Net
							movement	At
						At 1 1.19	in funds	31.12.19
						8	5	F
Unrestricted		funds
General	fund					477,143	(30,423)	446,720
Endowment		funds
Parish Hall						188,000	(4,000)	184,000
TOTAL	FUNDS					665,143	~34423)	630720

Compar	ative	net movement in funds, inc	luded in the above are as follows	:
			Incoming	Resources	Movement
			resources f	expended f	in funds
Unrestricted		funds
General	fund		230,094	(260,517)	(30,423)
Endowment		funds
Parish	Hall			(4,000)	(4,000)
TOTAL	FUNDS		230,094	~264,517)	~34423)

A curren	t yea	r 12 months and prior year	12 months combined position is	as follows
				Net
				movement	At
			At 1 1.19 f	in funds f	31.12.20 f
Unrestricted		funds
General	fund		477,143	(40,532)	436,611
Endowment		funds
Pansh	Hall		188,000	(8,000)	180,000
TOTAL	FUNDS		665 143	~48,532)	616611

above	are as	follows:		,
			Incoming	Resources	Movement
			resources F	expended f	in funds F
Unrestricted		funds
General	fund		419,041	(459,573)	(40,532)
Endowment		funds
Parish	Hall			(8,000)	(8,000)
TOTAL	FUNDS		419041	~467 573)	~48 532)