##
##
|Admin and reference details..|Admin and reference details..||
|---|---|---|
|Trustees Report forthe|Year Ended 31December 2021||
|Worship. .|||
|Youth Work.|||
|Children's
Work .|||
|Families Work|||
|Schools Work|||
|Strategic Thinking .|||
|Trustees Report forthe|Year Ended 31December 2021|12|
|Statement ofTrustees'|Responsibilities|....13|
|Independent
Examiner's|Report tothe Trustees ofthe Parochial Church Council ofThe Ecclesiastic|Parish of|
|St.John and St.Martin|(Beverley Minster).|14|
|Statement ofFinancial Activities forthe Year Ended 31December 2021||15|
|Balance Sheet as at31December 2021||16|
|Statement ofCash Flows forthe Year Ended 31December 2021||17|
|Notes to the Financial Statements
for the Year Ended 31December 2021.||...18|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Note|unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||funds
f|funds
f|funds
f|funds 2021
f|funds 2020
f|
|Income and Endowments|||from."||||||
|Donations
and legacies||||236,296|139,700||375,996|328,742|
|Charitable
activities||||31,014|||31,014|34,880|
|Other trading
activities||||59,250|||59,250|17,783|
|Investments||||11,114|8,152||19,266|20,203|
|Total income||||337,674|147,852||485,526|401,608|
|Expenditure
on:|||||||||
|Raising funds||||(9,348)|||(9,348)|(5,672)|
|Charitable
activities||||375,849|137,123|688|513,660|491,822|
|Total expenditure||||(385,197)|(137,123)|(688)|(523,008)|(497,494)|
|Net (expenditure)/income||||(47,523)|10,729|(688)|(37,482)|(95,886)|
|before transfers|||||||||
|Transfers
between|funds|||1,995|1,995||||
|Other recognised|gains/(losses)||||||||
|Gain/loss
on revaluation||of||17,656|13,025|3,461|34,142|(5,495)|
|investments|||||||||
|Net movement
in|funds|||(27,872)|21,759|2,773|(3,340)|(101,381)|
|Total funds brought|forward|||1,102,359|377,179|586,583|2,066,121|2,167,502|
|Total funds carried||||1,074,487|398,938|589,356|2,062,781|2,066,121|
|forward|||||||||
##
##
##
##
|||||||
|---|---|---|---|---|---|
|Fixed assets|||Note|2021|2020|
|Tangible assets|||13|1,430,570|1,432,746|
|Investments|||14|453,020|417,640|
|||||1,883,590|1,850,386|
|Current assets||||||
|Stocks|||15|4,236|5,424|
|Debtors|||16|36,494|89,810|
|Cash at bank and|in hand|||176,516|269,593|
|||||217,246|364,827|
|Creditors: Amounts||falling due within one year|17|||
|||||37,605|148,642|
|Net current assets||||179,641|216,185|
|Total assets less|current liabilities|||2,063,231|2,066,571|
|Creditors: Amounts||falling due after more than one year||450|450|
|Net assets||||2,062,781|2,066,121|
|Funds ofthe charity:||||||
|Endowment
funds||||589,356|586,583|
|Restricted funds||||398,938|377,179|
|Unrestricted
funds||||1,074,487|1,102,359|
|Total funds|||21|2,062,781|2,066,121|
##
##
|||||Note|2021|2020|
|---|---|---|---|---|---|---|
|Cash flows from operating|activities:||||||
|Net cash (used in)/ provided|by operating|activities||29|93,719|65,854|
|Cash flows from investing|activities:||||||
|Investment
income received|||||19,266|20,203|
|Purchase of investments|||||(1,238)|(1,223)|
|Cost ofAxed asset additions|||||(17,386)|(11,062)|
|Net cash provided
by investing
activities|||||642|7,918|
|Change
in cash and cash equivalents
in||the|year||(93,077)|(57,936)|
|Cash and cash equivalents|atthe beginning||ofthe year||269,593|327,529|
|Cash and cash equivalents|at the end|of|the year||176,516|269,593|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Inco|me from|donations
and legacies||||
|---|---|---|---|---|---|
||||Unrestricted|||
|Forthe|year to 31December 2021||funds|Restricted|Total|
||||General|funds|2021|
||||K||K|
|Donations|||17,993|10,000|27,993|
|Visitor box donations|||11,901||11,901|
|General|collections||42,649||42,649|
|Planned|giving||106,478||106,478|
|Giit aid|reclaimed||29,699||29,699|
|Donations for refreshments|||290||290|
|Donations for prayer candles|||5,194||5,194|
|Bequests|||1,608||1,608|
|Grants,|including|capital grants|20,484|129,700|150,184|
||||236,296|139,700|375,996|
|||Unrestricted|||
|---|---|---|---|---|
|Forthe year to|31December 2020|funds|Restricted|Total|
|||General
f|funds|2020|
|Donations||(24,156)|47,104|22,948|
|Visitor box donations||4,573||4,573|
|General collections||11,831||11,831|
|Planned
giving||119,242|10,474|129,716|
|Gift aid reclaimed||29,802||29,802|
|Donations for refreshments||1,046||1,046|
|Donations for prayer candles||3,394||3,394|
|Bequests||500||500|
|Grants,
including|capital grants|58,569|66,363|124,932|
|||204,801|123,941|328,742|
##
##
|Income from charitable
activities||||
|---|---|---|---|
||Unrestricted|Restricted||
|Forthe year to 31 December 2021|fundsf|funds|Total 2021
F|
|Lettings|6,093||6,093|
|Rents|12,031||12,031|
|Church fees|11,944||11,944|
|Mission income|550||550|
|Sundry income|396||396|
||31,014||31,014|
##
##
##
||Notes to the Finan|Notes to the Finan|cial Statements
for t|he Year Ended 3|1 December|2021|
|---|---|---|---|---|---|---|
||Income from charitable||activities (continued)||||
|||||Unrestricted|Restricted||
||Forthe year to31 December 2020|||funds
R|fundsf|Total 2020|
||Lettings|||15,742||15,742|
||Rents|||10,178||10,178|
||Church fees|||6,842||6,842|
||Mission income|||1,156|376|1,532|
||Sundry income|||590|4|586|
|||||34,508|372|34,880|
|4.|Income from other trading||activities||||
|||||Unrestricted|Restricted||
||Forthe year to 31December 2021|||funds|funds|Total 2021|
||Tlading:||||||
||Donation
from Beverly Minster Shop|||30,000||30,000|
||Events income:||||||
||Concerts, events|and recitals||8,721||8,721|
||Photography
permits|||1,764||1,764|
||Other fundraising|income||18,765||18,765|
|||||59,250||59,250|
|||||Unrestricted|Restricted||
||Forthe year to 31December 2020|||funds|funds|Total 2020|
||Trading:||||||
||Donation
from Beverly Minster Shop|||9,500||9,500|
||Events income:||||||
||Concerts, events|and recitals||5,587||5,587|
||Photography
permits|||578||578|
||Other fundraising|income||2,118||2,118|
|||||17,783||17,783|
##
##
##
##
|Income from dividends.|
|---|
|Dividends
receivable|
|Interest receivable:|
|Other interest receivable|
|Forthe year to 31December 2020|
|---|
|Income from dividends:|
|Dividends
receivable|
|Interest receivable:|
|Other interest receivable|
##
|Cost ofgenerating
voluntary|income|
|---|---|
|Concert and events costs||
|Other trading
and fundraising|costs|
|Allocated support costs||
|Forthe year|to 31|December 2020|December 2020|
|---|---|---|---|
|Cost ofgenerating||voluntary|income|
|Concert and|events|costs||
|Photo permit|costs|||
|Other trading|and fundraising||costs|
|Allocated
support costs||||
##
##
|Notes to the Finan|Notes to the Finan|Notes to the Finan|cial|Statements|for the Yea|r Ended 31|December 2|021|
|---|---|---|---|---|---|---|---|---|
|7.
Charitable
activities|||||||||
||||||General|Restricted|Endowment|Total|
|Forthe year to 31 December 2021||||||funds|funds|2021|
|||||||E|||
|Wages and salaries|||||105,476|38,663||144,139|
|Social security|||||10,143|||10,143|
|Pension costs|||||3,327|||3,327|
|Clergy expenses and housing costs|||||||688|688|
|Visitor ministry|||||231|||231|
|Outreach|||||||||
|Youth
and
Children's||ministry||(excluding|257|||257|
|payroll costs)|||||||||
|Allocated support costs|||||16,044|||16,044|
|Parish
Hall and rooms|||||14,370|||14,370|
|Cost ofservices and worship|||||12,798|||12,798|
|Building project costs|||||1,174|91,507||92,681|
|Mission and charitable|giving||||7,425|||7,425|
|Contribution
to Diocese||common||fund|129,997|||129,997|
|Church and minster
running|||costs||63,853|6,953||70,805|
|Mission costs|||||||||
||||||365,094|137,123|688|502,905|
|Governance
and support||costs (Note 8)|||10,755|||10,755|
|Total cost ofcharitable||activity|||375,849|137,123|688|513,660|
|Forthe year to 31December 2020|||||General
f|Restricted
funds|Endowment
funds|Total
2020|
|||||||||F|
|Wages and salaries|||||169,624|33,615||203,239|
|Social security|||||10,141|2,523||12,664|
|Pension costs|||||5,236|1,192||6,428|
|Clergy expenses and housing costs|||||2,684||349|3,033|
|Visitor ministry|||||1,012|||1,012|
|Outreach|||||1,437|84||1,521|
|Youth
and
Children's||ministry||(excluding||1,119||1,119|
|payroll costs)|||||||||
|Allocated support costs|||||3,825|935||4,760|
|Padsh
Hall and rooms|||||6,536|||6,536|
|Cost ofservices and worship|||||5,019|207||5,226|
|Building project costs|||||1,342|33,280||34,622|
|Mission and charitable|giving||||8,612|||8,612|
|Contribution
to Diocese||common||fund|126,600|||126,600|
|Church and minster
running|||costs||59,977|5,594||65,571|
|Mission costs|||||6,967|260||7,227|
||||||409,012|78,809|349|488,170|
|Governance
and support||costs (Note 8)|||3,646|||3,652|
|Total cost ofcharitable||activity|||412,658|78,815|349|491,822|
##
##
##
|||||||Unrestricted|funds|Restricted|Restricted|Total||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||General
f||fundsf||2021f||
|Accountancy|||and Independent|examination|||2,640||||2,640|
|Other|governance
costs||||||8,115||||8,115|
||||||||10,755|||10,755||
|||||||Unrestricted
General
f|funds|Restricted
f|funds|Total
2020f||
|Accountancy|||and Independent|examination|||3,640||||3,640|
|Other|governance
costs||||||6||||12|
||||||||3,646||||3,652|
|9.|Net income/(expenditure)|||||||||||
|||||||||Total||Total||
|This|is stated||after charging/(crediting)|||||2021f||2020f||
|Independent|||examiner's
fees||||||2,640||3,640|
|Depreciation|||offixed assets||||||19,562||19,222|
|10.|Trustees
remuneration|||and expenses||||||||
|No Trustees,||nor any persons connected|||with|them, have received any||remuneration|from the charity during||the|
|year.||||||||||||
##
|The Trustees are considered
to be the key management
11.
Staffcosts
The aggregate
payroll costs were as follows|ofthe charity.||
|---|---|---|
||Total|Total|
||2021f|2020f|
|Staff costs during the year were|||
|Wages and salaries|144,139|203,239|
|Social security costs|10,143|12,664|
|Pension costs|3,327|6,428|
||157,609|222,331|
##
##
##
##
|Corporation
Tax Act 2010or secti
and gains arising.
3.
Tangible fixed assets|on 256 ofthe Tax|ation of Chargeable
|Gains Act 1|992in respec|t ofincome|
|---|---|---|---|---|---|
||Land|and buildings|Furniture|and|Total|
|||R|equipment
f|||
|Cost||||||
|At 1 January 2021||1,140,000||424,430|1,564,430|
|Additions||||17,386|17,386|
|Revaluation||||||
|At 31 December 2021||1,140,000||441,816|1,581,816|
|Depreciation||||||
|At 1 January 2021||||131,684|131,684|
|Charge for the year||||19,562|19,562|
|At 31 December 2021||||151,246|151,246|
|Net book value||||||
|At 31 December 2021||1,140,000||290,570|1,430,570|
|At 31 December 2020||1,140,000||292,746|1,432,746|
##
##
##
##
##
|4.
Fixed asset investments|||||
|---|---|---|---|---|
||Investment|in|Quoted|Total|
||Subsidiary||investments||
|Cost orvaluation|||||
|At 1 January 2021||25,000|392,640|417,640|
|Revaluation|||34,142|34,142|
|Disposals|||||
|Additions|||1,238|1,238|
|At 31 December 2021||25,000|428,020|453,020|
|Net book value|||||
|At 31 December 2021||25,000|428,020|453,020|
|At 31 December 2020||25,000|392,640|417,640|
|20208325|,865).|||,|
|---|---|---|---|---|
||||2021|2020|
||||P||
|Interest received||from Bank and other Deposit Accounts|1,025|723|
|Dividends|received from P.C.C investments||17,003|19,583|
||||18,028|20,306|
|The investments||earned a gross rate of return on market value of||3.8%|
##
##
##
##
|etails of the investments
in whi
apital are as follows:|etails of the investments
in whi
apital are as follows:|ch the char|ity h|olds 20%|or more of the|nominal
val|ue of any class of share|
|---|---|---|---|---|---|---|---|
|Undertaking||Country|of|Holding|Proportion|ofvoting|Principal activity|
|||incorporation|||rights and|shares||
||||||held|||
|Subsidiary|undertakings|||||||
|Beverley Minster Shop Limited||England|and|Ordinary||100%|Other retail sale ofnew|
|(company|number 04103161)|Wales|||||goods in specialised|
||||||||stores|
##
|15.
Stock||||||
|---|---|---|---|---|---|
|||||2021|2020|
|Stocks||||4,236|5,424|
|16.
Debtors||||||
|||||2021|2020|
|Trade debtors||||6,177|9,611|
|Prepayments||||1,148|26,968|
|Accrued income||||14,864|39,369|
|VAT recoverable||||2,532|3,445|
|Other debtors||||11,773|10,417|
|||||36,494|89,810|
|17.
Creditors: amounts||falling|due within one year|||
|||||2021|2020|
|Trade Creditors||||10,080|5,321|
|Accruals||||3,500|32,811|
|Deferred income||||3,916|97,595|
|Social security and|taxes|||6,111||
|Agency collections||||13,998|12,915|
|||||37,605|148,642|
|||||2021|2020|
|||||E||
|Deferred income at|1 January 2021|||9?,595|8,390|
|Resources deferred|in the|period||3,916|97,595|
|Amounts
released from previous|||periods|(97,595)|(8,390)|
|Deferred income at|31 December||2021|3,916|97,575|
##
##
##
##
##
##
##
##
|||Balance at|Income|Expenditure|Transfers|Other|Balance at|
|---|---|---|---|---|---|---|---|
|Forthe year|to 31|1January||||recognised|31|
|December 2021||2021||||gains/(losses)|December|
|||||||Revaluation|21|
|Unrestricted|funds|||||||
|General||679,909|336,759|385,197|1,709|17,656|650,836|
|Designated||422,450|915|-|286||423,651|
|Unrestricted|funds|1,102,359|337,674|385,197|1,995|17,656|1,074,487|
|Restricted funds||377,179|147,852|137,123|(1,995)|13,025|398.938|
|Endowment|funds|586,583||688||3,461|589,356|
|Total funds||2,066,121|485,526|523,008||34,142|2,062,781|
|||Balance at|Income|Expenditure|Transfers|Other|Balance at|
|---|---|---|---|---|---|---|---|
|Forthe year|to 31|1January||||recognised|31|
|December 2020||2020||||gains/(losses)|December|
|||||||Revaluation|2020|
|Unrestricted|funds|||||||
|General||814,351|275,798|(418,300)|10,532|(2,472)|679,909|
|Designated||435,630|500|30|13,658|8|422,450|
|Unrestricted|funds|1,249,981|276,298|(418,330)|(3,127)|(2,464)|1,102,359|
|Restricted funds||331,329|125,310|(78,815)|1,686|(2,331)|377,179|
|Endowment|funds|586,192|-|(349)|1,440|(700)|586,583|
|Total funds||2,167,502|401,608|497,494||5,495|2,066,121|
##
##
|Funds (continued)|Funds (continued)|Funds (continued)|||||||
|---|---|---|---|---|---|---|---|---|
||||Balance at 1|Income|Expenditure|Transfers|Other|Balance at 31|
|Forthe year to 31|||January||||recognised|December|
|December 2021|||2021||||gains/(losses)|2021|
||||||||irevaluations||
|Unrestricted
funds|||||||||
|General|||||||||
|St Peter's General|fund||27,572|4,738|(3,910)|||28,400|
|St.Leonard's
General||fund|20,778|2,367|(3,809)|||19,336|
|Minster General fund|||623,899|317,462|(365,608)|1,709|17,656|595,118|
|Tickton LEP General||fund|7,660|12,192|11,870|||7,982|
||||679,909|336,759|385,197|1,709|17,656|650,836|
|Designated|||||||||
|Two churches|||1,592|||||1,592|
|Assistant
Director|of Music||11,722|||||11,722|
|Minster Development||Fund|403,079|||||403,079|
|Music and Choir Fund|||1,849|915||286||3,050|
|Organ Fund|||4,077|||||4,077|
|Mission fund|||130|||||130|
|Vicars garden
Fund|||13|||||13|
|Youth and children|Fund||12|||||12|
||||422,450|915||286||423,651|
|Total unrestricted|funds||1,102,359|337,674|385,197|1,995|17,656,|1,074,487|
|Restricted Funds|||||||||
|Assistant
Organist|Fund||80|||||80|
|Dorcas Fund|||851|||||851|
|Nave roof|||10,588|30,000|(65,472)|24,884|||
|Men's Group Fund|||276|||||276|
|Minster Bells Fund|||18|||||18|
|Minster Development||Fund|43,890|||||43,890|
|Sanctuary|||30,077|99,707|(41,548)|10,394||98,630|
|Music and Choir Fund|||3,647|13,198|(2,285)|(1,995)|3,666|16,231|
|Organ
Fund|||172,597||(4,668)|||167,929|
|Tickton Development||Fund|90,731|||||90,731|
|Vicar's Garden
Fund|||(87)|||||(87)|
|Youth and Children|Fund||(12,167)|4,947|(23,150)||9,359|(21,011)|
|Assistant
Director|ofMusic||(100)|||||(100)|
|Two churches|||35,278|||(35,278)|||
|Tickton community|||500|||||500|
|Mission Fund|||1,000|||||1,000|
|Total restricted funds|||377,179|147,852|(137,123)|(1,995)|13,025|398,938|
|Endowment
Funds|||||||||
|Total Endowment|funds||586,583||688||3,461|589,356|
|Total Funds|||2,066,121|485,526|523,008||34,142|2,062,781|
##
##
##
##
|||Balance at 1|Income|Expenditure|Transfers|Other|Balance at 31|
|---|---|---|---|---|---|---|---|
|Forthe year to 31||January||||recognised|December|
|December 2020||2020||||ga&ns/(losses)|2020|
|||||||Irevaluations||
|Unrestricted
funds||||||||
|General||||||||
|St Peter's General fund
St.Leonard's
General fund||28,297
26,976|4,240
8,667|(4,965)
(14,865)|||27,572
20,778|
|Minster General fund||757,255|255,012|(396,428)|10,532|(2,472)|623,899|
|Tickton LEP General|fund|1,823|7,879|2,042|||7,660|
|||814,351|275,798|418,300|10,532|2,472)|679,909|
|Designated||||||||
|Two churches||1,592|||||1,592|
|Assistant
Director ofMusic||11,622|||100||11,722|
|Minster Development|Fund|416,761|500|(30)|(14,152)||403,079|
|Music and Choir Fund||1,435|||406||1,849|
|Organ
Fund||4,077|||||4,077|
|Mission
Fund||130|||||130|
|Vicars garden
Fund||13|||||13|
|Youth and children
Fund|||||12||12|
|||435,630|500|30|13,658||422,450|
|Total unrestricted
funds||1,249,981|276,298|418,330|3,126|2,464|1,102,359|
|Restricted Funds||||||||
|Assistant
Organist
Fund||80|||||80|
|Dorcas Fund||851|||||851|
|Nave roof|||12,649|(2,061)|||10,588|
|Men's Group Fund||270|6||||276|
|Minster Bells Fund||200||(182)|||18|
|Minster Development|Fund|43,890|||||43,890|
|Sanctuary||13,987|61,086|(46,484)|1,488||30,077|
|Music and Choir Fund||3,522|1,731|(207)|(406)|(993)|3,647|
|Organ
Fund||177,263|39|(5,155)|450||172,597|
|Tickton Development|Fund|90,731|||||90,731|
|Vicar's Garden Fund
Youth and Children
Fund||(250)|13,806|(87)
(24,639)|254|(1,338)|(87)
(12,167)|
|Assistant
Director of Music|||||(100)||(100)|
|Two churches||285|34,993||||35,278|
|Tickton community||500|||||500|
|Mission
Fund|||1,000||||1,000|
|Total restricted funds||331,329|125,310|(78,815)|1,686|(2,331)|377,179|
|Endowment
Funds||||||||
|Total Endowment
funds||586,192||349|1,440|700|586,583|
|Total Funds||2,167,502|401,608|497,494||5,495|2,066,121|
##
##
##
##
##
##
##
|2.
Analysis ofnet assets by fund|||||
|---|---|---|---|---|
|As at 31 December 2021|Unrestricted|Restricted|Endowment|Total|
|Tangible fixed assets|919,410||511,160|1,430,570|
|Investments|25,000|349,824|78,196|453,020|
|Net current assets|130,527|49,114||179,641|
|Lon
term liabilities|450|||450|
||1,074,487|398,938|589,356|2,062,781|
|As at 31December 2020|Unrestricted|Restricted|Endowment|Total|
|Tangible fixed assets|921,586||511,160|1,432,746|
|Investments|25,000|317,217|75,423|417,640|
|Net current assets|156,223|59,962||216,185|
|Lon
term liabilities|450|||450|
||1,102,359|377,179|586,583|2,066,121|
##
##