REGISTERED CHAIUTh" NITrIBER: 1133566 REPORT OF THE IRI-STEES AT) Ff*-A¥CL4L STATEME)TS FOR THE YLIRENTED 31 DECLIIBER 2020 FOR PERSHORE .4BBEY P.4ROCHIAL CHiIiCH COIICIL
PERSHOBI ABBEY P.RoCHL CHI]iCH COII'CIL YEARENDED 31 DECEIllBER 2020 co.YrEITS OF THE FThLNCLIL STATEMEITS Pxge Reference aDd Admtnistratii'e DetaS Trnstets. Annual Report Eud¢pIdent Examiuffs Report Stalemellt of Fi7uui¢ial Actii-itie5 ?to7 BAlallce She¢t io Cash FloM- State]ll¢ni oies to tbe Financial Stalemellt$ 1?1025
PERSHORE ABBEY PAROCHIAL CHtIiCH COITCIL ITAR LNTIED 31 DECE.IIBER 2020 REFERThCE ADIIINISTRATIIT DETAILS Full PAI'ochlAI ¢. The Abbey Cliur¢li of the Hoty CtO85. PeTshoTe The Benefice of Peishor¢. Pl. ll'ick and Birjingl} Lo¢AtIott: Pusliore Ably is located the celltre of the towu of P¢T51K>re tkne Diocese of .-orCeSter. li is part ot tlie laF¥et bellefi£e of Persliore, PinFTL "l¢k aud Bjl'linlln. ames ofoffl¢er$'. Pt4e$t kn Ch&i¥e: The Rffl'd Claire Lordtnsr Cui'At•: The kn.d st.C Dunton Ir Pet¢r Stausbie Chuiyh Il'"AiYleDS: .Mr Ivdh'am ¥¢Hwan Mrs.Suzanne ClarLe Dealleii. Simod Reps: Mrs Sandra L¢)ng Jayne PM&-¢T {resion¢d ??th October ?020) IAN Repi'tselltAtii"es: %fr Dlid Long hfr Colin ReeTre$ Mt5 Thomsoll Mi% Jean Audr5 tr Jol]n Tyldesley (resigned 27th Juoe ?0!01 MTS Ann Bray Di JudETh DNle Co-opted tb¢1. Ra"d Al OTga]) (lesied 25th J¢ 20?0) Se¢retan' to the PCC: fvfrs Sata Speed HoDOI'liTr' TreA$vrei' & Co-opted Membei.: Hel¢u knlw.Swith SIAten)eut of Legal StstuL Per5bore Abbey PCC is a Clkirity exemwed from r¢8istraiionMith the Clwity ComJiii%%ion. Charity nwiiba.: 1133566 TlieFrieiklx OAPÉrslreAbb. mid,SrAndMi s Cepitre TTllSI are clkyriiKs registei'edsewiraleli. IndepeDdeDt Examiuei.: Azets. A]ll)Qd Howe. 93 Hi8h Stt'eet. Ei"eshauL IA1 4DI- BaDkti¥: Barclays BankPLC: Worcesta. Le2AI Ad¥150ll: Stallard & Edll7rd5 LLP. Solicitors. Worcester Arcbltecls: Roba1 Kdgotir &.4ssociala Bl"dI -.4bbey Gzaemo Beamish. Orcest- Si Andrew's Page I
PERSHORE ABBEY PAROCHIAL CHiliCB COlThCtL TAR LNT)ED 31 DECE.IIBER 2020 REPORT OF THE 7RI"STEES Pashore Abbey Paioch]"al Chiw¢h Council (PCC)- the Tnte8$. pre$ellt their aam]al report and finan¢ial stat¢ents for the charity for the j.e" ended 31 Deceniber 2020. The rett and lacIal stalemellts hai"e been prepared tll accordallce Mith The ae¢otintill8 policie$ Set oiit In note l tt) th¢ accoimts alld cou]ply H"ith die CliarttiT'S Scheme. the ChariTies Act 2011, and Accottyilli and Reporting by Charili¢s.' Statemellt of Re¢tsnull¢Dd¢d Practice applicable to chltIeS prepa[18 iheiT accounts ill accordallce Vilth the Finallctal Rq)ortinq Stalldard app"(able ill tlieLX and ReblIC of tlaud publish iu Od0b 2019. ObJeflh,ts Artlil¢les loi. tbt publlc benellt The Mi5siou State¢Ut adopted by the PCC reads, To be a Chwrh rosnwunity 'hi(17 responds to God's loi"e ill M"orsknp aiml actiOJL M"elcom¢5 all ui the of Jesus Christ and reaches out to th¢ Mvrld iu ili¢ poii'u of lh¢ Spirit. 'e seek to be a Kill8doJll Ptopl¢.' The PCC is cowwitt¢d to N'e[COlQs a'eryone M'isbes to ShIp the Ablw and to build the C.bristia COllJmUlltty of Pffl5hoTe thEough sen"ices. liS1p. praver. Jllusic alld Sacraent. ell planllill8 the actiiities. th¢ PCC I"e coJLsidered the Charity Conm10,$ Quidattce on pibli¢ b¢llefÈt iu particul. tbe siipplemetstatS 8uidance on chaJities for tbe ath'ancement of reiition. In this they eea1.0ur to en8bk ordillary people to lii'e out th¢ii faith as part of the parAsh coIn11ty throu_oh and prayer. pastornl care a]Kl niissiollary al oiitreach M'o The PCC are iE4)onsible for the .4bbey Church aud the parish centte of St Attdrell. s. The n)ailltellance of these buildiri8S. SO th•t they are accessible to the 8elleTal PlIC aud as a i.enue for coJicul$. CA1£ "¢llts and as a Collununity resoiitce. is att e%geJitial element of their charitable obJectiiEs. A reTlew of our aelbfiHemtDtS ADd perfoTmaDce Fiill ddails of the reports froffj the Priesl-lll-ch.ge. ChurchR.ardens and the iwious groups a¢tii'e widiiti the parish are set out ill a booklet presented to Étse Ami11 Meeting. Att¢lldHnce It is iEnpossibl¢ io Tead the $VIce Mattstics for 2020 Nithout all aare¢s$ of the deN"aslaling iinpact the Coiryd 19 palideI¢ has on seThices takin8 place tile Abbey. From 17th to 4th July. alld %th Noi"ember to 1st Lkcember there R¢1¢ iio publi¢ Simday 8enice& baptisll)s. .'tddjOgS or fiwd•ls held ill the Abbey. We w'ere able to prcdu¢¢ at Irdsl a M"¢ekly Sunday seThice. alongside oth¢r worship resoiwces. u'hich we shared d01 ow. soctal Inojia platftillus. Mthi¢h reached iiially regular i}D}UPpe[S 1(1 those from fiuther afield ill the UK and 8lob81 co[nlIty. Our soclal Ju¢dia proi"isioll knas ill wpulajity wilh 514 people follow'illg our FacetrM)ok pag¢ (cojnpared with 2?9 in January" ?010) aod 96 people subxribing to YoiiTube dwlliel (COXllP&'ed iiith 4 ill Janiiary 2020). We are am'ate tbal Jllany others ar¢not offi¢ialty siglled up to thes¢ platfornls biit reIlarI5. our conte. Sad]y. tbe lockdoMT pr.¢1 Eastu services takin8 place in th¢ Abbey. although Holv W¢eL and Easter was kepi aNJ celebrated Ollline. Cknistilla8 serl'ices did lake place in the Abbey bur liappejwd as C¢i'id 19 ra5es ii'ere increasing. a ihird lockdoTrm lookin# liL-ely and households ing11118 for C]]ristmas H'as not being ieconim¢lld¢d. In ord¢r to L-¢¢p orsliipper5 safe and folloii"in4 social distlc9 lide11¢S, the niUllbeE of M'orshippers ivas liinited foi. each ti(L-¢t¢xl smice. HowM"er. maoy people %Dsibly look- tbe decision lo stay at ts0¢. reted ill the lom. attendance fi8ures. Contimiing golEn}ent restrictions on qatha'lllgg of faullt)- and fn'ellds TewliaE in ih¢ iiiaiority of baptism falliilies and 'eddin4 coiiples mak.ing the diffiailt decision tts reaange tli¢iT special 5enices planned for 1020 ftir a time tbey coidd haNe the numb¢r of guests alld party that they ha(1 hoped foT. The bllptisn thAt took place all baped before arch 20?0 &id tl sttwl of tTrLe pandauic. The H'eddings and u'ed(bng blessing that did take place. IUKl¢r C,oiid 19 IEstriction& H'ere inllluate alld i.erv special occasions. Page
PERSHORE ABBEY PAROCYL4L CHIRCH COIT, ICIL LIR E)DED 31 DECEIqBER 2020 REPORT OF THE TRI"STEES {eontknued) AtteDdance {foutlnued) Tbe illcrease in the nuÈiiber of fiw¢rals tak-en at the creal011uJll or cemeiav reflects rfie fa¢t tbat rawleS unable lo ai"e their serkice in the Abbey foi ilwcli of the year. Eeral seTh'ices at the Abb¢v. follouitsg 19 [trICtiO reSUed end 0f.4uqlI. Bebd these statisticg M'e reme]llber the. IndiTr1thls and famili£s u.hose 5torie5 we Il"e been priiileged to share. We (ril'e thath dipt ill diff¢1 Hays ii"e bal'e been able to joikney Mth people through happy alld jovfflis time5. as m.ell as the sad alld challengits8 times. Il'e look forward to btingin4 ollr omliue and itt person COll8re8aliolls together 2011. The statistics for the y. Bith Con1 to 2019 are as follo1.. 2020 2019 Bapttsm Lnder l year Aqedl-11 Ated 13- 13 Totsl 18 ComDiuuficAnt$ (attd TotAI AttedanCe) Easter Day ch[Esti¥ (iiicluding c1$1al El'e} No ill person seThire 234 (374) 3991955) 138 (?00 tsrmal SIiDdas' AtteDdAnce$ Adulis Childycll No data for 2020 thie to Coi-td 19 No data for ?O?O thie to Coi-id 19 O<caslowl SeiTrlce$ WeddiEi8s Blessi5 ofNkniage Funernls- IttAbbE)" Funeials- In 'tatOlUll} 39 19 G¢erAL I¢t of Coild 19 Ei'ery gsfft of the Abbey's life hAs affected by the palldewic. whidL has that of the actii'iry. i&hith fill¥ otsr year, has eEther beell callcelled or p)styoned. Oue of the siwiificant c(mkWi)ceS of various lockdothms has been the Iieed io PTOtecl the clinically iithierable clitiically extt'aiiely i'iiln¢Table. Manv of oiu i'olullr¢¢rs fit tnw those oiip$ attd &5 a re5111t u"e had to rttlw- Abbev lÉfe crnild Co]ntiC withoiit soine of kes i'oliitsteers beit)g on the groulld. Those were younger stcpp&f ld took- on thlditioJ]al re5ponsibitsties. under the of those unabk to do th¢iT usual i."olllllte1s ioles. 'e quickly adapied to conducting PCC alld sub-conullittee b]Lsines% i.la Zoom alld now Consider tliis to ix qiiite llOrnl. The Btntfice Office I'elocated to a e)nber of hollie. M'ith th¢ oc¢&sional I'isit to our phvsical office. Ni"t used SOCI ]nediA 8S oiw plinlY plarforni to comiect t¢ople. llotiiisr foi i1$1p Sene5 bui atso for the social a"ellts alld faith drt.e1op¢ll1 opyortullities that Moidd usually take place in the course of the yefjr. Our ii"OTship seTr'ice PiDI"ision has been i'edii¢¢d to a¢¢ollllllodatt the ll¢ed ¢0 cle4W tlie.4bbey. the i'educlioll in those Rble to tak.e Serlic And i"ohu]teers ii,lio sliare the 1&5Ls of ally 5ervic¢. ll. ability to engnse Hith oiw children and youu8 people ni#de wu¢h more difficiili becaiise of a lacL of ioluntccr t1& thie to M'ork conuuitsiiaits. alld the challellge of prothiciiw tliat ¢hildreo and young people could cojjnect 1th. Pa8e 3
PERSHORE .4BBEY P.4ROCHL4L CHIIiCH COIT4CIL YL4R EL)ED 31 DECENIBER 20211 REPORT OF THE TRI-STEES (¢0nllDed) GeDeTfiI Iwpct ofcM4d 19 (contthue6J Some projed.s bal-e beeii delal'ed becth of Coi'i(L most noiaiTrli th¢ iustallalion of our ll¢ll" Pip¢ oiwl. HOTh.-¢I'. so¢ ll¢Th' projecls haN'e Satbered moJlleAituw becaiise of the yandellu"c. in¢liidillg the idea of haiw li1"¢ slreamiag capabililies ill theAbbei. The 10$5 of towm ffl"ents. Cert5 alld schools s¢Th"i¢e$ at the Abbey bas been (ball1n. TJKse occasions usualty ellable us to shou'case knat M"e behti¢ to be in]portaJit- open do0. a m'elc0e. beill? at the celltre of cojjllllunity lrfe aud the Oppottity foi fii¢nds aud strwers to expertellce the wonder a[ majesty ot God ID a place tbat I suTh"iTr"ed disasters and aises. 'e Ikave alw n]issed the tourisjll OPPOttunities th8t pr¢seot thaus¢li-e& The Abbey bas be closed for Eell¢Tal i1sitill8 %uK¢ '¢b. but bas tha1fiY been able to opeo foI persollal piay¢r. The la¢k- of 8¢nerJl i"isstOES has iEnpKt¢d oll our b)Okall attd our miiiisti) of "elCoMe. St Afjdrth's Celltre had sho11 periody of beittq open to Ult1pk hirets but has sp¢ut mudi of the y¢4r d05¢d for q¢lleTrl use. Fortunttieht, Pershore FoodbanL. has continued to opeTrte I a C'Id secute OEtt of the Ctre throu8hout the year. For Juany. tliis has been the niost imponallt piece of mas4ioll ie hat.e beell etsaBed iiith dlThg the V[. Despite sotne wat su¢cesses oidiiie AiTrbey proiisaoii. wthat Th"e hai"e lS$ed tbe most is thosc fate-io-face inlaictioll% thAt enabl¢ itlatitsl1$pS to 8row and dei'el¢)p. POSt-pniC we u'ill iieed to recollnect mativ people and orBanÈsaftoJ)s. but Th'e are ¢onfidaii that the fow)datLOli$ of Abbey life are stronA and althoii8h m&iy tJ)iti8s be different. H'e H'ill be able to 8¢t b&¢k to our core busine&s of a iibrant Chk'istiall pi'esence for the ppIe of Persbore. Fb¢11 rM4eiF lttcon ha5 decreased from £1.014.866 to £41-..-147 2020. along the &Ypendintre detteastn8 from £93? 118 to £43q 063. The total lld5 of the Abbey haie seen a ll¢t increase durth8 the year of Ll.980 (2019.. net IneaSe ill fiu £133.L J?}. As explailled aboi'e. the Coi"id-19 pandallic has httd a siguificant financial i1)4)acr on tILe Abbey th111$ the year. This has iesultlxl r¢8uJar 8iiin8 b¢ing domn fronk £104.308 ro £86.339. Hthich is mostly due to the colleciions al spn'i¢es bell doiill b>" £l.1.074. Mhi¢h 15 630/ It Il"as plawied thai a Ste7rdshiP Campai ll'ould take place dunn8 ?0?0 th¢ aini of illcr¢asuig stewatdsliip gi7¥ but a150 all iu¢rease in iion-r]nallcial sr¢ll'ardsbip. Hom..r. di to Pand¢1( iliis catnwgti has be¢n dela) wilil eady 'thy illcollie line has been aff¢cred bv ihe pen)1¢ ID a Jieqatii'e M7y. HoHM"er. support ]]as be¢u rece&i'ed io terms of qrants and the.4bbey has applied for aiyilable 8Trts including graJ)ts frow Wychai'oll Districl Council and the Caitral Goi"erntllent-s CoroDai'inis Job Refenlioi) Scliane. M"hi¢h l)ai"e lielped to soften the finKial inwact. Hou'•-¢r. tile income stream Th.'hich illcrease¢i aqain to the iPaCt of the paudanic. 15 th¢ foodbank illcot. This has Ureased from £1 1.:90 to £50.169. wtiich 1$ 34410. The 4eDer05ity of IM)th local people w)d businesses as a rcsEK) to those nced is ip[ec¢d¢te Tlie foodballk has also beert fiLther supported by qtallts. o leqacy lilco¢ u?s receii-ed the year (7019 - £11? - -168 of iujrestricied leoacies}. The PCC im'e a policy of gii.in IO% of all itsll'estricied lesEbcies rtteii'ed to uicr¢a5e ibe mi$5ion oii"inrc. Tlxrefor& the mission giiintt eypendittwe copated ?019 Ixit iiiaintbiDed the "$toI1CaI iii-iii? les-el of £3.000. Tbe other significant lliatter thfti Iiad fi N•riollce iii the PCC'S results fot the year is the fune¢aL ithpact of the oew ¢)r8a Paoe 4
PEKSHORE.4BBEY PAROCHIAL CHIUCH COIThCIL YEAR E)I)ED 31 DECE.IIBER 2020 REPORT OF THE JRI-STEES (¢obtlDued) FIDanrlAI reileiTr (tolllknued) The PCC. contillid u'ith its Pip¢ DTvd]ns call1pai is the fjuidraisill8 piojecr for the new orgall. The PCC also colltillu its cpaI foi tlie oi"erarchin8 Abbey D"t10ptr Proj¢¢t thai in¢lude$ the Pip¢ DreAll capaign plus all allibitious series of piojKt pioposals alliied at iwproi>illg. enlwicin8. 8ud extendin8 rhe .4bbe> stte 9] St Andr¢Th" s CellttE knuldings and fa£klities to inipToie the iisiror experieu¢e both a lihugical alld secular perbptsXii"e and for the benefit. educion iise of tlie k)cal all(1 wider coa)mullity. albeit process w.as sloM"er thall plaillied aga due io the In 2018 a facultv with conditions M'a$ 9ranted bv the Ch¢¢ll0 of the Diocese of Worcest. Hai'illg satisfied all the conditions. fillal approK"al for rtie llew 018an ll'as qranted 2019. Ill October 7019 Friends of Per51K)re .4bbey OPA) generousfv aeed to contrEbe in fvll to the oap ill fjwduls that Mill occur both diwillg aud ll) completioll of the neu" orgau uorks once all fiyi(ling raised frojll other.sow'ces hai'e beett ¢Ybaiist¢d. This ll]eallt that the Abbey cOld comniit to the purchase of rtie nem" organ froni Fratellli RIattl. This has iesulted in the lE cost of the contract with Fiytelli R]rfatti beuw illcluded in the 2019 fu¢1&1 statemellts. Once illstalled and i"oi¢ed the orgaD Mill become an illtegrnl p&t of The Abbey Clnurh of The Holv Cio$& Pershor& ould noi k geparated. A¢¢118ty. the 17lue of the orqall colltiniied to be txptted iti the rele11 year diat the costs e uicwrnl as part of co$e¢ted proyerry in accoithnce Section 10(-) (a) 1¢) of the Chailies A¢t 2011. Witliout suppoit of FOPA th¢ or8all Mould hal'e not been conwiitted to this year and a¢¢oKdin8ly the PCC are i"¢o' 8Tai¢ful for their S}n and generosity of the tolal £123.538 (2019= ££5?.9?S) receivable this year tomwds the or88n. It is noi onlv FOPA ihat I1"e supported the oigan appeal. other indiiiiknal doiiors have also H7lling 8iia) lo support this impoitani woiect f. the AFAiey. Rlld tbeii 8ifts are equally illued and appreciated which in aggetated iotalled £14.q94 (2019-. £44.491). FOPA hai'e also given gtants for other projects toiaUin8 £9.6$? 12019.. £34.09?) foi. w4xks to the stnicttwe and n)ainr¢nanct of th¢ Abb¢y aj tl)e PCC are also grateful for these Bths. Si Alldrni. 8 Pansh Centte gal'e grants to ipport St AndreThs hl¢ll £9.6< (?019: £11.396). the PCC a150 sralefid ioi. these gifts. The llMallation of tbe Dew lioliting ill the Ablxy N'as conkpleted duruw the year. This by I¢d¢le¥ received ' PT•iOUS years I'la the deliated fiu Hliich was establlshed in ?019. The Abbey paid 9011., of P&ish Sh&te reqested 111¢11 totalled £108.8V6 (2019 - lo<0 U7s p&d An 2019 Nbicb Mas £118.548}. in OTdw to do make this pay])Mrt Feseri'¢s wa'e iitilise The rotsl iiitestnients iTrluauon increfi5ed ui 2020 by £?5.496. These inTresmients are held for the lon8 tezm. The Tn are ple&ed Mith tlie perfOrnl¢e of ttle holding but art ¢autt'ous about the oittlook for ?O?l. Fuknte de%'elopmellt$ Diuins 20?0 th¢ ¢llablta8 to Prepare the Abbey to receiie the nell or8th COJllpLeted. Due to ImDidable lothtomll and tr.¢1 delays caused by the COVID-19 padeiL the or8all is not no. wected to be itistalled in the Abbej until 20?? The PCC eugaged Grttllo0d Proj#ts Lid lo 'ide project d¢N".¢lopmIt sai'ices to a$st ihe Abbey D"elop1Cllt FundraisinR Sicctitig Conuiiitr¢¢ to coniillu¢ lis Pip¢ DreallLg fi•1$1 campaign and to progress the St Alldrell s and the new N-esty BlIKk w'oject elemeuls of ihe Abb¢y D•"¢lopm¢nt Proje¢l. Reseii-e5 pout> Tlie Jx)li¢y of the PCC. is 10 Inallrt&iti free reser¥es in gelleral iuvestricted fiwds less uhat is tied lip ill I741b1t fLx¢d ass¢ly al a l't1 io coi.er three woiiths D)utiu¢ eXpalft11c. excliidin8 parish share. llkn.ch thev assess at a Jllilliinum of £?5.000. The Quent free resmes nouiil to £36.48L (?019'. £92.659). The lei'el of free i'eser¥'es exceeded the free IESm'es reqiiircd by the Tnistees and this is de•u¢d ycceplable to help the charity to sleer th'ouoli the coniimial financial conseqLceS of the Coi"i&L9 pandemic on the charty. Page S
PERSHORE.4BBEY PAROCHIAL CH[cH COIryCIL YEAR EJT)ED 31 DECEAIqBER 2020 REPORT OF THE TRI"STEES {CODtIDued) slrurtmi goieTll•Dre Rlld mDAgement The PCC 15 a cow¥at¢ body establis1d by the ChuLch of Ell_21Jlld and opuat¢s wider the Parochial Church C.ouu¢il PO.ets MEa51we. Th¢ PCC is a RegIa'¢d CIwAtynumber 1133566. The PCC con51s¢s of the PISh Pn'est. Readers. ChIch,ldes iiiembers elected b) lllaiibas of rhe con'e4&t1Oll ho are oll the Electal Roll. Tbe PCC lias pom'ers to CO•OPt n)1]berS to fill teJnporni}' i".acallcies. Tlie PCC is i'esponsible for tb¢ day to da? llwia8emellt of the pariskn alld its finauces alld is helpttl thi5 M"ork b)" a number of coADnh&ttees deal8 partiailar aspecls of parish re. SAfeguAithg Hal'ing due regard tr) the HoiLse of Bi5bops Report Oll Safwiardink. the PCC Mislkes to confJEm that the guidance bas beeAI follollrd. SIan]Re Clarke has continued to aet ay SafeguaTdillg Officer for Pershore Abto" & the Benefice. assisted by Sara Spttd {Safeguarthllg Coordit)ator) alld Jud>. Dale ll'U]nlb]e Adults Rwesentstii"eJ. The Patish DathbO has betti found to be Panieularly usetL rfiis online tool helps us moftiror 8tid k-eep tr&ck of all safeguarding in ow church. it al keeps lip lo de u'ith local and uatioual ¢han8e5 ill 5afeguardill? requirements. All l¢aders Th'oi'king Trutli childrell and YO14 people (at Jutiiot Chllrcb. Youtb Groups. Open tlie Book. Toddler Group) the PCC members. duty inanagers of lh¢ Food B8nk. the Toa' Captsin & Deputy Tov4ei" Coptain h'e i"81id DBS cenificates. safe8llardll r[a]llitr has be1 attended b>. 4 peFSOtlliel during 20?0. The PC.C IeTh'ed atsd approi"¢d the folloTh'illg'. Promotill¢ a Safer C.hur¢h (*017) Polity the Recniiltnent of E¥-offendtts. stsleMe of Policy in Respect of Disclosiur and BarTing oIuDteev The PCC tballk" all the IDIWterS so tirelessty to ]naL"e the life comTnuuity of the Abbey. There is att allnl thaok you Coffee morning for i"ohwteer$ llthicJL oi'er 100 attended 020 and there are oi"a' ISO lohteerS itti'ohtd operation of the Abbey. yd Bithoiit lylnI li'e OllId not be able lo offer the iiriety of sertices it Lknes. We are ilKlebted to this qenerous std$h1p ot time alld seTrice that is freelv oii"eiL Pag¢ 6
PERSHORE.4BBEY P.4ROCHL4L CHI'RCH COIThCIL AR L)DED 31 DECEMBER 2020 REPORT OF THE TRI"STEES (eontlnued) TRTstee$' iSpOnSIbltIeS kn relatlon to the ftDAllflal statements The are tespollskble for PE4)ai'iEig the Tnttes. Anllual Re11 aud the fijwicial statements iti ac¢ordauce with apph'cable 1aM. and LDÉted Kuigdom A¢cow]titw standa (LJ]ited KioBdom GenerallyA¢cepied Accoulliing Prnctt¢eJ. The laiir app]scAblt to chwits'es in Enfiland & Th'ales reqiiires rhe tnistees to pi'epare financial statements for each fill8ocial year ll41ieh 8ii"e g [¢ Jud fall. iiew" of the stale of affaits of the of ihe itthmillg ¥esoitrces a appb"calioll of leUrCeS of the dlarity for that period. lllpreparills these fiJTrancial statemellts. the ti]stee5 are reqllil'ed to.. select suitsble accfflmitillg policie5 aad apply them CODSiStently.' obser¥.'e the EthodS 8lld P[iripl¢S Of the applicable Charitie5 SORP ?019 (FRS IO•): aL-e jUdgellnts alld estimates thar ftre Ica50nable Pent. state ii"lieilier applicable accoimting standards haNe been fOlloeI. subject lo any material depatttwes disclosed e¥ylailled ill the fEllallcial staten]ents: prepAre the t-tllancial statemeEtts on the golng Collcem basis w¢$8 it 1$ inapproprtate to pzellne that the charity ill contile iti operaiion. The tnistees are responsible for keeping p]oper acclti9 reconls tliat disclose Hith rea%onable ftccwacy at wiy ti)ne the fiiwicial p051tAon of th¢ tharity and eiiable ihem to that the fU1claI atemenTS conipty M'iih rlie Charities Act 2011 ld the proiisions of rhe ffitst deed. They are aLso responsible for safewiarding the assets of the charLry and ha)ce for tsk.ing reasollabl¢ steps for the piei"enlioD affld detectioll of fiaud alld other eilarITies. AppToird by the Tnistees on the ?021 alld siglled Oll their bebaltby.. R'd Claire Lording. Cliair of rfie Tiustees
PERSHORE ABBEY P.4ROCHIAL CHI"RCH COIry'CIL E4R E)T)ED 31 DECE.IIBER 2020 LJTIEPL)DLNT EIlLt'S REPORT TO THE TRL"STEES OF PERSHORE ABBEY PAROCHL4L CHIIiCH I rept (o the Ch71) Itijstees o]J Y eXlIU]4tiO1l of the accounis of the chariry- for the 't. ellded 31 Decemlkr O?0 .htclL are set our paqe5 9 to Re.%yonsibllltlts and ba5b of i'epoit As the ¢liarÈtsO5 In]stees s.ou are responsible for the preparntion of the a¢clAt$ in a(clEan(C M1th the Te<Diireinail$ of the ChaiÈlie5 Act OI I ('the Act.). I report 111 Tespect of nry eXamItion of the eharil). s accouuts ¢ani¢d oiii iu]der section 144 of tlie Act and iii carriillg oiit Y <xaJnination I h'C follom'ed all the applicable Dire¢tions gii.en b)" the Chajity. Con]tnis8ion imder section 14f(¢X"b) of ili¢ Act. Indepelldelll exaudmei 5 StotemeDt Siiice the cliariry. s Er0 iticowe ex¢eed¢d £?40.(NJO yoir aIler Jniist be a membtt of a bod). ]i8ted in section 14% of tlie .4ct. I coi)fJn]) tliai l (Ptified to uiidertake the euilillatioll becaiise l an? a member of the b)stite of Chartered Acwwli)tS ill Eiiglaud &- Il'aley (IC.4EIV) uknicli is one of The liste(I bodies. I Il-e coiiipleled m5. Iwillatioll. I cottfttm that no ]naterial h81-e come to m}- attaition in coimieciioi) uiih ilie ¢xauiination oli0 Jlle caiise to beliei-e that in lY Jnai*ial respect.- accoiuJtill8 records M"ue rEor kw in respect of the charity as required by Section 130 of the Act.. or 2. th¢ accoiiiits do iior accord MitF. those re¢d$.. or .1. tlie accotuifb do iior coffinpl} iiith the applicable reqiiire]llents co¢illg th¢ £orn] and coiitellt of acco118 S¢1 out in tlie Charities 1.4ccoimts alld Rq)orts) Reouletions 2008 otljer t1 all). i"equireJu¢nt thai the a¢coiiiits sii"e a 'tnie 8nd fair. iiai ii'liich is iioi a matter considered aspRrt of ao indeptlldèlll &i<Ullitthtioll. l kni"e concerns aJJd kni'e come a¢r08s no other Illatt5 in coi)llecrion ii'Ltb the CMInatIOn to H'hich attentioll shoiild bt ilk this report sn ¢)rde¥ to ellable a PfQP¢T u0dasialldk] of the accoiukrs to be i&iched. Dailld Brtsw FC.4 .4zets Stanrtory Aiiditor¥ and AccoltalS AnSI1.00d House 9J High street Ei'esl ll.orcest¢rshe R114DL 30 March 2021 Paqe 8
PERSHORE.4BBEI" P.4ROCHL4L CHIIiCH COlTrCtL YEAR LNI)ED 31 DECEMBER 2020 STAT7 OF FINXSCL4L ACTIIITIES 2020 Total Funds 2019 Total Fuuds l-DiYsttirtd Re5tr1rted ElldoThineDI Fullds Funds Fund$ Incowe And Elldovth'ment5-. 'olimlary in¢oni¢- regular_qiiiug N-olvntary incom¥- otb 86.339 30.3-. 6 86.339 I(M.308 835.741 ?68.731 Actiiknes for g¢ll¢Trtiug funds 6.538 6,538 35.898 Iueome from Èni"eSttllts 373 ?13 586 7,66- CIllCh actiiitie5 11.977 I IS77 Tot1 Intomè 141.603 417 $4-. 1.014.866 Expelldltlliy: Abb¢i' miDistsy and admu]iatiOll 149.191 183,350 Abbeynulning costs 43.724 189.798 ?33.0?2 686 ?52 FuDdraisinq expellses 5.-546 34.491 St s tuwiing costs 8.9-, 1 13.0" ?2.648 28.0?5 Total eendI¢ll1 ?07.432 227.631 435.063 932.118 et (eIpendftnre) I Ineon)e btfoiy {65.8"9) 48.313 (1-.516) et gains on ini'eslments 6.9?8 16.S68 23.496 50.404 Net (txpelldittir¢) i income (65.8?91 16.$68 133.152 Trao5fer behveell fi]nds 13 2.274 et mtsi'tllkellt ID funds (63.555) 51.96", 16.568 133.1S? Tolal fiuyls, knmwqbt fo 133.112 ?40.936 515.805 38?.6$3 Tolftl fuDds fai'vled foRTrvfird 15 69.Sq7 194.7?4 .J04 1?1.",85 5 1.1.80S The notes oll paoe$ 11 to *% forlll part of these finalleial stAtem¢nts. Paqe 9
PERSHORE ABBEI. PAROCHEAL CHIIiCH COIThCIL TAR ENT)ED 31 DECE,MBER 20?0 BALNCE SHEET 2020 21119 Ftsed Aet$ T&wEble fLied ass¢ts lui"esttllellt assets 11.853 31.1.866 31.S.719 337.364 348.0-,0 Cllri'tnt Asstls Siock. Debtors.. anLounts fallink due afier UWT¢ diau oDe }ear Debt$. aOIlS falli(r lthill Olle year Other d¢btors Short tenii detK¥Sits Casb at bank 7.818 -820 103.9?9 ?03.929 1-.571 46.175 136.9?% 616.349 21£??6 .530 26.447 155.462 410 583 Cnrrent LIAbllltles Crttor5.. amowits fhllitig due M'ithin otte yeftr io (236.868) (?22.334) 'et Cillyent Assds 1.3.71.1 394,01.5 Totnl_¥ssets Less Current Llablllllos ?1.78. 719.734 Creditors.. I0unt5 falliTrsE diie afteT oneytar li (203.9?9) ?1.785 f15,80 FuDds Lnr¢8trACt&l 14 69.55- 133.114 Resttict1 13 194,7?4 40.936 1£ 5?1.78.1 The financial 5tstenients w.ere approNed and ttoriSed for issue by PershoreAbbey Perod)ial Ciwrch Council Signed oll behalf of the board orin1 R•"d Claire Loi'dillg, Chaiy of ihe Tn]stees The llotes rnpa8es l! ro 24 fonn part of these.fll]ancial siatements. Page 10
PERSHORE ABBEY PAROCHEAL CHIIiCH COII'CIL YE4R ENT)ED 311)ECE.ItBER 2020 CASH FLOW: STATEIIEI ?020 2019 t tAsb (omfflow) l iDI]oiv opei'alDg atlhltle$ {6.403} c.xsh Iloivs from IDI'e511Dg arth4de5 Ih"iidellds PuFclMse of fd assets -.J86 2.274 .66-. 14.81", et pi'oiidtd bTr- / (uied ID) i11s'esllDg Rcthltles 150 Cbange in cash and cash equii'alenls in the year {1.091) 60.454 Cash alld cash at l Janua 183.100 122.646 Cash and casb eqllii¥Llellts ar 31 Decebe[ 18?.009 183.lOQ ReconcllfiAtlon of net (expeMlltlli'è) 18105 befo)Y et (expendltni) I Ineomt before lll¥estment gRkn$ Adjusiiiients for.. D¢EciatIon charqes Dii-ideimls iiiterest Deu¢ase.' (in¢reas¢) ill sfock- Decrease,. (increaqel in debtors (Decrease) i1rease lli credttors (17 £16) 82.-48 3.419 9.9 (;.607) 204.6-, 3 189.395 (419.k6S) 11.113 (15.144) et casb (used) I piwi'lded b} opeixtkn8 atthllles (6.403) 6-,.604 ADAlTr$ls of rasb xiid eqthmtents Chsh in IWKI 155,462 136,925 Short t¢mi deposits 26.-$4- 46.17$ 182.009 183.100 The nole5 OJI Pa8es 12 to ?{ foJTn part of these funcial stat¢meth5. Pagell
PERSHORE ABBEY PAROCHL4L CH171CH COIThCIL YL4R E)DED 31 DECE,IfBER 2020 OTES TO THE FDLNCLIL STATEMLNTS Sllmmai?. Or8¢R¢ a¢eoulltlDg polldes GeDei))l illfoiillatloll aDd bAs1s of pi'eiiArRtIoD P¢rshore Abbei. PCC is a ChaTity lli Englalld aud 'ale$. The location of the Abb¢y is 8ii."ell in tbe charity inforn?ation on pag¢ l of tliese fin1¢1 stat¢JneJ)ts. The nathre of the clwity's operations and lD¢1paI actiiities 'e dcribed oll lh¢ Report of the Tnbtees oti pases ? to~. The charity collstituies a 1b1C benefit entity lis defllied by FRS 10? llie funcial statejnents hai'e beell prepared accoTdallce the cbarity's S.¢ing documellt. the Charities .4ct ?01 l at]d Accounting and Reporting by Chatiliei.. Stataiiellt of Recoll]mended Practice applicable ro th'itieS preparing tljeir accoill ill accordanee the Fitiattcial Reportiiig Stalldard in tbe LX and Repiiblic of Ireland publish&J iti October 2019 aud G¢lla'ally Accepted Pracftee. The fiEMllcial statllenti hai"e been prepared imder tlie historical CO>t coni"elltioL ll)odified to inchmje certain iieiits at fait iTrlue. suckn as uii'eslmetlts. The fll]ancial &teellts are presenied in %terliug IFhicb is the functional ciurency of the chazity alld rounded to the nearttt £1. The flliancial sratemellts include all trallsactlons. assets alld liabilirtes for Ththi¢h the Pamctsial chi Cowicil 1> reSnSIble foT by laN'. They do t uiclude th¢ accoullls of chllrch 8roups that e their jlla1 affdLatioll to another body. llor those tht ate iQfon1 8attsain8s of cllurc The fin8llcial st&ieJnents are appTOi'ed a petiod M'here theTe is Jnu¢h iettaInty as a result of the eJuer4enc¢ and illtenthtional spread of COIID-L9. Tkn ultijllaie inipact of the CONID-19 palld¢niic on the fillances of the PCC is siill 1clear. HOM'.. the tru$t¢es ¢oll¢lud¢ that that chgn'ry ba$ 8deou8t£ resources to ¢olltinue its actii'ities for the foreseeable aud consider that there ii'tie no uJat¢tial uucertainties over the cl]arity's financial l'iability. .4ccordinEls. Ibe financial sM¢]llents are prepared oll the 8oill4 concern basis. The significaut accthu)till8 poltcie¥ applied iii tILe preparaÈioii of these fmallcial $tatemeuts are set out beloTh. Tlitse policies hai"e consistentlv applied to all years piesellted iulless otheN'ise stated. Fttod3 End0ellt Funds are fiumts. tlie capital of M'l)icli inust be maintained: oiily income arisitig from iui"esunent of Ihe t]Tr¢llt may be used eitha. a$ restricted or untests'ieted fill1$ depending wii ihe pwyos¢ for Thhi¢h the eIth)nellt estsblished. Restricted filllds represent (a) iucotlle. from ttu%is or ¢ndoThMmts Ml)i¢h nlay b¢ eXplded onLy oll those restricted objects proiided in terms of tbe ttitst or bequest aud Ib) donlc fions or yraJLts ieceii'ed for a specific object for waich v'ere giiell or iiii'ited bi. the Paroclllal Church Coullcil for R specific object. The fid5 may ollly be eTpend oll the specific object for ihey m.ere 8iTr'en ad any balallce ret]111 ullspent at die end of each year Jnu51 be ¢Tled for%vard as & balauce oll that Unr¢sttic¢ed funds are lld$ that avaiLable for ie at th¢ discTetioii of the TTht¢ts ill fityth¢rallce of the objects of tbe clwiry. Desigtsased fid$ are tIM)s¢ set aside b> the Tte¢S for a 5pecifLC pOs¢. Infome icognltloll Planneil qiiin8, collections aod dottatiolls are reco8ttised iilien receti"ed. T&x [elid$ are recointsed wha? Ilie illcoming rsoutce to wlLich tliey relate is recen'ed. Rents. fees. adi-eni&ing. orants alld kgacies 'e accounted for ?heD the Parochial CThillrli Cowicil is letcall) entitled io the alliounts due. Page l?
PERSHORE ABBEY P.4ROCHLIL CHiIiCH COIThCIL YEAR LII)ED 31 DEC.EMBER 2020 IOTES TO THE ELI}CLIL STATEMLIryS (COtIne Sumn)Ai?- ors18InrAllt A¢tOllDtkng pojlcles IDcome i'etO8nltlon (contlnued) Interest on knds lield oti deposit is Inclied ieceii7ble 8Ad the a0 C be measurd reliably by the clwiry.. this is Mompll}i iwon noiificntton of the ij)terest Wdid or payable by Yae ballk". DiiideJMI$ 8Te rewgoised ollce the diiidelld ha% beell declared and nots'fieation has beeo receii.ed of the th'i'id¢nd due. .4ll otliffl" iuioiii¢ IS Teco8nised once the cIlry has entirlewent to the income. il is PTobable that the in¢om¢ be r¢ceii"td. alid the aoUnt of illLoille teceii'able call be Jlleasured reliably. No ineomehas been declared net of expendittwe. EXpeDdlti't i'¢t•¥nitlo Li&biEities are r0glSea as Lypenditw'e Sooll as thde is a lesal w ¢ollsinKtiie obliWiOll coEtti ihe Cliarkt! to Éhat expellditure. it is wobable that ttle¢llt be required aud the amount of the obliation cali be reliably. All expelldftture is accowLted foi. on aC¢nlS basis aud has be¢J2 Classthed headings ihat aSe4ale all costs related to the category. Expelldittur is reco8ni5ed thet¢ is a le8al OI co1et]i.e obligation to payments to third parties. it is probable that die 5¢tt1alleut Thill be iequiFed. alld the amowit of the obli8Yltioo ca be measiJred r¢liabty. re¢oi"eLabl¢ I"AT is charged as all agallt the actiiity for whicli axpenditiw¢ ar05e. Expelldkture is 9eneially Teco8tiised thhen Èt is iticutted al is accounted for $$. GAlltg artd doltiOnS are accolted for aMIFded or. iii die case of collecti$ paid I4"hen ttse has o¢¢utt¢d. Di(e$a slwe is paid lo tlie maximuw £¥rellt ai'ailable fiThEi currellt year ill)restsict¢Jl fiuxts. Flxed ssets CoD5eci'Ated plper- In so faf as consecrdied property of ally kind 15 excluded from the sratutory defiuition of 'charity' by Secti1 10(:) (a) Ic) of the C.liaTifies Acl ?01 I such assets Ote noi eapiralised &n the fllW]cial sratelliaits. Expellditwe Mtitch is ¢Ollsidered to be intepil part ¢Ollsecrated pxopeny aye ¢xp¢fjd¢d the fall¢la1 statallakl¥ the year iu Ntiich the exp¢ndihu¢ is iiicun'ed. EqlllpD)eut loi"eable eqiiipmair (not f0rn12llg pan of consecrated property) are Capitalis ai ¢OSt Mthere ihey cost more at least £l.O(Hl. T])ese assets are depreciated oi'er their USefi ecoJM>llUC lif¢. Depreciats'oll is proiided by the charity lo writ¢ off the cost or iUatiOn of tat18ibl¢ fLxoI a55ets oi-er their estiEn u8ethl eCou01¢ ILIES a5 2000 per strai8bt lint. Operattng Itiise5 Reffifftls applicable to opeTrtill8 leases 1b$tiall. all th¢ b¢Defit- alld ti5ks uf oMytt%bip tell1n the les¥or are charged to the Statemellr of Finaucial A¢riiiti¢s on a straiqbt luie basi5 oier tlie terw of the lease. IllvesttnIs are a fonll of basic fjnallcial instnullellt NTrd ale iuitially iEco8nised at their transaerioll ialiie $iSeq111fty nea*ed at their fair l'ali ag at the balance sheet date iisits8 tiLe eloginq Quoted inarkei price. The statement of finallcial aclii'Lties illclude5 the net gains alld losses arising on i1111011% tbroii8hoiit the }.. Paqe 13
PERSHORE ABBEY PAROCHEAL CHtIiCH COl7iCIL ITAR EITED 31 DECELMBER 2020 IOTES TO IHE FLNLJCLIL STATEIILNTS (Colltthued) Snmmir). of 8laCDt AetollntlDg poudes (coutluued) For¢lgll ¢MTtm¢Jt$ Trallsacttoll5 in forei] C1¢1eS are record usintE thc te of niling at the date of the trallsaction. lolletary assets aud liabilitie5 denoniitiated in forewi currcllcic5 trauslated i8 the iate of exdianBe tuluE8 at th¢ balallce Sheet date. alld the 4alli or Ioss Oll translatloll 15 lllcli1d ID the statEt of Fftnanrial Aclii"iti¢s. PeDSIOll5 EpE0yeeS ate entitled to joiD a defiued conttilxition llmiei pwchase scheme WAth tbe National Ejnpioyinenl Trust. Stocks Stocks ore i?lued at the IOMW of cost or fair I"ahi& makiD8 Ihie alloHpllce$ for obsolete and Slou'.01.]ns itell]s. DoDAttil goods $er4,l¢es The Food BlL- M'ere dollared l?.841k8 (2019.. -.946kg) of food dwiAg the s'ear and it distributed 13.iH3ks (2019.. 8.437ktr). The Tnmell Tnw odop¢ fi iaEuation of £1.71 per (?018: £1.-5 per kgl. The doll¢d stocks held at the year end hai'e beeii included at £uil. The ttustees ¢onsider the fair i?lu¢ of the ito¢k ¢8llnot b¢ reliabty Ineasuted Mithout incuning &xcessÈ%E time and costs for the ch8riry. .411ocatlou orsuppoit goienixDce costs Svpport ¢osts are those that assist die w"oJk- of the charity knit do not dire£rly represwit clwitable actti'aties attd ill¢lud¢ office costs. goi"en]wice cosls. and adjninistratiie costs. Thei are iocwred direL'tly in support of &ypeudilW¢ Qll the obj¢cls of the chaTity. supy)rt cosls canllot be directly arthknted to particular headm?s. they hai'e beell allocat to cost of iaisiiig fill5 WaKliture on clMri¥able activities on a basis consistellt use of the resow¢es. Opei?tlng leises Raitals applicable to operatin? leases llthere substalltlally all th¢ b¢ll¢fits and risks of rejllaill uith the lessor £lwBed to tlie Siatallent of Fillancial Artivit&es OATr a srrai8bt-IiEie basis oi'er the temi of the lease. Recogllltlott of Ilabillties Liabdities are reCOlS¢d th¢ cEwity ha5 all 0bli4atiou to niak¢ paytneut to a third pty. Page 14
PERSHORE ABBEY PAROCHIAL (JllliCH COIThCIL YEAR EIDED 11 DEC.EMBER 2020 OTES TO THE FLILJCLiL STATEIIENIS (contjnned) IDcoJlle l-llre$tslcted Fund$ Restiatled Fullds Total 2020 2019 Regiilii. 62.110 16.529 6.5.92£ Tax recoiery Collections lat rtll senices) 16.$79 00 86.339 20.-".4 104.308 86.339 otbei. voluDtxiTr IDCODie Grallts-.4bbey (ir7f5- St AodreM Gi'allts- fiwlthi9h scliejjie Donations alld appeals Food bauk- donations St An(IreMs dotiatii)]IS Legaci4s iO.(M)O 206.391 11,371 216.391 23.114 -788 6.885 10.169 6?5.199 -.88 40 50.169 66.221 11.290 1.933 30J-.6 268.131 835.741 122.71 S 268.-.11 391.446 940.049 b) Acuiltles foi. genei'Atthg fllllds Iier fuBth?ising incollle Abbey hire clwges Bookslall Encome la&aziiie iu¢owe Plum fayre 2.577 10.374 S.911 2.833 923 8.149 6..fj38 6..f 38 35.898 c) InC0e Th'om IDI'estmellts Dii-idaids stAlldre.S.$ dii"idends Bank iJll¢re 5.510 1."03 5.5 EO 1.-03 1.644 664 373 .586 667 d) ljkcfjme fi'ow chuirb A¢tlFltles Abbey s.1¢e fees Sf AndreTh s bire charge5 Oth¢r illcome 14.$01 10.353 6.398 7.62- 1.066 .6?7 l.066 11.977 TotAI ADeOIII+ 141.603 275.944 417.547 .014.866 Paye IS
PERSHORE ABBEY P.4ROC'HEAL CHIIiCH COIThCIL TAR ENI)ED 31 DECEMBER 2020 -NOTES TO THE STATEIIE)IS {colltiulled) Expendltuye IRresttlcted FuBds Resti'leted Funds TotAI 2020 2019 ) Abbe} mlDlstl!' And fiduthilstratloo lijiistt).: Dioce$an parish sliate lini5ty expell¥es I'orthip expellses l'outh InissioTrary Office ld athninistraiio epelldellt euinillatioll., Audit Food bajik exPid1t.e Music aud orqanist DepreLiation 108.826 2.096 108.896 ?.096 1.?31 3.003 io 118.548 1.548 10.4?4 31.859 3,003 ?7.206 104 ?4.] 5? 3.45? 1.812 3.447 1.812 5.463 1.81? 149.191 24,656 173,847 183JJO bl AbbeTr iVllDlllg costs expaidihrre Floodliohtitl8 Abbe} dth'elopniellr fid Heal and lighi 180.530 180.530 45.6(M) 1.291 1291 8.0-. 8 8.078 S.26 9.768 7.47-, 56.949 4.*49 Cleantng 43.724 l89.298 733.022 686.252 ¢) FuudrAtsIDg ¢xpens¢s Bookstall Magazine Plum favr¥ eynseg .4bbey hire costs Other fid[al$l8 costs Cost of g¢lleTatin4 incot- organ Cost of oenffititi¥ Io¢- ADP 3%1 1.440 4.474 699 4.595 .4SO 1.-83 932 93 L4.70- 5.546 34.491 d) St Alldi'ew's IllllDlll8 ros1$ Heal alld light lllswance 2S94 lJ16 321 3.313 1.316 13.3%6 3.054 4.182 1,43 I 16.459 3.708 1.093 1.15? 13.356 Cleanillq her 8eneral co$ts 3.0$4 1.607 1.607 8.971 13.617 4?.648 28.095 Total expeDdltui 207.432 ?27.631 43S.063 932.1 18 Page 16
PERSHORE ABBEY PAROCHIAL CHIIiCH COIThCIL YEAR EJI)ED 31 DECEMBER 2020 OTES TO THE FThLNCL4L STATEMLNTS (contI]hed) Staff costs 2020 2019 Gross Salari¢s National Iiisiirallce Pension Contributioi 2S.O;S 31.691 438 33- 3?9 Total slAff tosts 28.880 32.$66 Tlie nurntKr of e]llpk)y¢¢s dwing th¢ y¢at M85 6 (?019.. 6). all these Staff w.ere p&rt time. ThLYe u'ere aJ)ployee to k¢y Jllanas¢m¢utpersonuel iu the C( QT wri.10% years. Thie io die paiidemic 4 ot tbe staff llere on furIollA dwill8 tlie ye4U'. and the .4bbey tide a clftim under the CentrLI Goi'¢rnwenl"y Coronai'irns Job Retentioll S¢hell)e. A¢¢Oidsty. lli¢¢)m¢ of £-, -88 ieceii'ed to lielp Ith The Bixx'e staff costs. Ti'ustees, ke) mnAgeJllen( p¢]¢] ItmllJ+i•tlott And eXn$ The Itee5 all gii"e freel} th¢ir lime attd ¢xJknis¢ Hithr)LM &ny fomj of r¢mwieration or othu bejiefit casb or Lllld (?019'. £uil). tXuiu8 the }¢ar die reimbiwsemellt of eXse5 totallilli £1g-. S There paid to ? Tnte¢S {4019- £2.347 for 3 Tn]st¢es). R.a Aima Organ also r¢¢en"ed fees for offimiing at fima?l$. ueddi]18$ and cr¢tllaliolls dwill8 the YM. These ere at the official tate as 1b11$1}ed by the Worcaqter Diocesall Board of Fit)allce. A of the TneeS Jnade donations to the PCC both as w)restsicted doniollS alld ie5trictiollS donatiODS. These dollalioiis w"¢re inlliiaterial and did llot hai"e ao inipact on the operation of ihe PC.C and therefor¢ are llol dis¢k>sable on all illdls7daI basis. tDdepelldtut ethiel l Audltois, iywunei'atlou The tndepelldenr exalt[S I¢1cra110ll for 2020 £l.f 60 (2019 M?s au audit due to the income I.el ID 2019 H'as £3.000). Ènclusii-e of I'AT. Pige 17
PERSHORE.4BBEY PAROCHIAL CHIIiCH COI)CIL YE.4R EIIIED 31 DECEMBER 2020 OTES TO THE FD-LICL4L STATE)IL)IS l¢t)ntlnv¢d) Flxed assets Equlpmeol Cost At l JanUY 10.0 Additiolls At 31 Deeejnbu. 2020 1-..091 Depi'eclRIIo At l jallUy *O?O aiarqe the yth. 2.964 3.419 tt Book I'alue 6.383 At 31 Deeembrt. 2020 10.708 At 31 Tjeeembei, 2019 11.813 2020 2019 CBF lttLYstment lithd units. 12.569 units CBF II)N'¢sthieut fund ullit& 1.105.67 Ulljts One Trne I'iell"Plt- 5,000 £1 A Shareg at eost ?40.936 6-.930 ".4.838 5.000 3I3.806 There M?s increas2 ift the iyliiation as at di¢ year end of tlie inlesents beld of £23.496 (?Ol9'. increase ill "ahjation of £$0.404). The iothl ttumber of CBF ini"estrnent fiMLd ithits held as at the }rar end .$ 14.0-.4.6-, (:019 14.0/4.67 Ulltis). The italuatloll M"AS frolll the niid-m&k-et i'aiue woi'.Rded by CCLA at each respectii'e year elld. The rottl llllmber of ordinw £1 A shares held lli Olle Ttue I'ieM" PLC held as at the srar end H7s 4.0(N) ?019.. 5.000). These are ialued their ttomwal i'alue of £1 per share as they ll'ere gified to the charity in 2017. Th¥ tswtees consider the J]wkd i'alue COr be reltabl> Anea$ed lthOt illciuring excessii"e time al costs for the clwitv. Of the tt>tsl illi"eslmelli assell £?5Y.504 is held under the endollTrent fill (2019.. £240.936}. £-.4.858 is la uuder the 1'¢5ts'icied fiwd (1019.. £67&30) alld £q.000 is held under the whrestrided fid (?019: £f.OOOI. Page 18
PERSHORE ABBEI" P.4ROCHIAL CHiT<CH COIThCIL IAR E)IIED 31 DECE,IIBER 2020 OTES TO THE FL%C1AL STATEIIENTS {colltlDlled) Cun'ellt #$5ets Tot] 2020 Total 2019 Stock Debtors due aftLY 0Ee th1 l year- organ Debioii due H'itlLiU l year- ¢xgan Sunthy" debtoi Short ter deposits 203.9?9 21S.216 -571 46.175 26.447 15S.462 410,1$3 616.349 io Cidttoi%: Thoullts falllu8 due Iiltbfftll one ieai, Tothl 2020 Totxl 2019 Audit i tudependellt examination a¢¢nwi Sundry ¢reditoIs Organ colltraci l.J60 3,000 215 ?26 ?03.929 ?36.868 ?2 J34 Ci'editfji7: dWOUDts fAltlng AItei' 0* ièai. Total 2020 TotAI 2019 OrgatL cimtracl 2D3.9?9 Page 19
PERSHORE ABBEY PAROCHEAL cH[CH COIThCIL YEAR EII)ED 31 DECEMBER 2020 OTES TO THE FP+cllAL STATE}lLTs (contlDlled) 12 Elldowjuent funds IDCle5& 1 I'Aluatio BNlince At 3111212020 0110112020 Pool Fulld FInifie Restwation Futsd Or8allFimd Fabric Fund {_4bbey) nd8Th7y Tilt Fiwd Structlwe RepAir Fuiid Drakes Brou4lLtoll Allotsn¢llts Fabric Fllt (St And¥¢ws) Han$on Fund ?.914 80,893 14.569 S.;89 3.114 86.4f6 S,563 498 3.13$ 873 2.486 6.18- 13.$63 38.639 1?.087 33.168 36.1$3 ii.Jio 31.034 2.134 Total EDdoB'Dient Funds ?40,936 16.68 2 J7.¥04 Pool. Fuud Th¢ pernwieni fiuMI is from a ttwt de•1 dated l Noi'ember 1918 from the Lawson Tn3$1. The Ioin¢ can ollly be used bi" th¢ i'i¢ar ro hdp the wjor members of the Churth of England in the Parish of Pershor¢. Ful5t RestoiitloD Fulld The FumitUTe Restordtioii Fwid is a penTriana)t endommellt frolli Miss NL4C Ivoodii'ard under ttust dethl dated I oi"ember 1958. The i]icow¢ arising from the is rastricted for tlie restoration oi. iellew?l of tlie fiwllilure of Persbore Abbey. Oi'gaD Fund Tlie organ pernianent e1)dolent reteii'ed ullder the leqacies of Ilisses and LE ll'ood7rd and theu uttder the deed data l MRY 1919. li forn)s p&t of the Pershore Abbey Or8au Fu]Kl and lllcome from this fiwd cats ojjty be used for that purpose. Fbi4c Fulld {.4bbe}) The expcndable ¢ndollJi]t of the Fabric Fund (Abky) is vnder a deed dated l May E959. The Illcoe of tbe CaEi be used foT fabric Altell1¢c at theAbbey. M'rldgTrYai' Tiw$t Fund The W'iidgem'ay Tn1 Fund 15 a peEJna4•Jt ¢iMloMiuent u]Mla' the de dated l Noi"ewb¢r 19S8. The incowe from this fid is sha¥ed ei'ejily beM"£en for fitndiiiq 8t]Reral ¢xp¢llses of th¢ Holy cr45 T¢PaUS of Hoty Oss Ixtt ifllot so used for die I'epairg 10 St Autheii. b thwrh. Strnrtuiy Repih. Fuud The stsuctwe r¢pair fiTnd is a p¢mMnent endomiuellt the Alfred Hudson Trust ll1er the deed dated I N.oi'embtt 1958. The illcottle is restricted for the of structtwal repair to the Abbey. Diakes Byougbton All0tellts The Drak"e.% Brou8liton Allotmellts fiu is a p¢tllwi¢lli ¢JyloHin¢nt fiiud iULder tIL¢ thist d¢¢d tht¢d l Noi'¢uLiu' 19$8. The uicoiiie from this fid 5 ust the ll]2iiitellallce alld repairs 8ud stll¢raE pwtM)ses of the AL7bey. Fabrfc Fvnd {St.4udiYiTrs) This pernianent elldoiiuenl represellts the clwity of hqiss ToOd1rd the twsi ded dated I Noi'ember 19J8. The income 1$ testricred for the of Illait)ielle aiid fabric of St Andrevl. H*llsoD Fottd The Hudson T1 is 8 perjnanent endomettI for M'hi¢h the itiCOllL¢ i55ued itsed kn the thi¢lural repairs at the Abbey. Page 20
PERSHORE.4BBEI" PAROCHtAL CHtIiCH COI)'CIL IE4R E)I)ED 11 DECEhqBER 2020 OTES TO THE FPLNCL4L STATLMLNTS (COlltiDutd) 13 Re5trlcted Balll<e At OAA)In020 IDconie Expendllllre TI'AD$fers 3111212020 VAIuAllon Fo1 Bank".. - Geiier21 Resrricted - Future Fimdiii¢ for Cttizens Adiice Sessko . Local Aut]iority Em¢r8¢llcy Assistance 50.169 {?4.15E) 1?0.911 16.458 i?.oth) Total Food Ballk tticted Funds D-¢10pment Fronti5pie¢es rest End Clock 11,3<2 43.702 50.169 8.893 (14.151) (1.290) £3.68 872 70 66 3.007 164 11.2101 ?5.191 6.499 Floodli111 Or8an malenanc¢ Orgall Replacem¢lll Poor Fiu]d Abb¢y Maiiitttiance FabTiC Fund- St Andrni's St AndreTh Il"ridwi'ay Tnt Repair Fund- St Allth'¢Ms Westininst¢T Fulld 6.164 .340 41.360 335 399 2.?50 io 436 189 ?88 (180.5301 274 4.50- io. ryry (6.?69) (1.060) 19.856> 339 12.130 1.3?5 3.049 1.3fA (2.761) (504) 2.545 Total I%11ted "5.944 227,631) 6.928 194.-.24 Food BAnk Food BanL- iu PtsOre is operated ultr iht lidaCe of Th¢ Tn¢11 Tn13t foT V4'hich the pwws¢ is to stop UK hU8t[. The PCC are thte¢S of tbe Pushore Food BanL.. Del-elopment The Abbey DeN"elopmellt Fid is Te5rricred for the use of projects w,hi¢h Seek io d¢Nelop the fabric of the Abbey so that li'e cm LTher achi.¢ oiw mission aims. Ir is restricted to the deielopmaii and restoration of tbe fabric of the buildlliq. ill ornaÉiient& fiunL8hin8s alld fitsjkents. Fi'ollti5piKes Fulld re51TiCted f use of the fronlispie¢e s ]ntenance 8nd i'epau. at the Abbej.. "est End The 11 est End restricted fund ffts iised foi the ]DailltalCC alld repair of tlle IIFest Elld of theAbbey. Clock Tkni% restiicted fulld is forthe repair oft]ke Abbey cbck. Page21
PERSHORE ABBEY PAROCHLIL CHiCH COIThCIL YLIR LII)ED 31 DECEIIBER 2020 OTES TO THE FLNcIAL sTATE%s (contluued) 13 Re5trirled fullds (colltluue4D Ful1tl Restrided fiTnds for t1 pwdmse alld r<p&iF5 of fiMllitut¢ of the Abbey. Flood]i%htlng The restri¢ted t70lIght1 fulld is for the piwpose of ll)AilltsiuMJ8 alld suslatnin8 the tloodIi8hiill8 at the Abbey. OIyD_NIAthteDAnce The NIainten1ee fttnd 18 used fOr&r seThicillg and repair5 to the.4bbey oi'BaiL OrgaD Replarement The orgaD replacemellt fimd is for Ihe purposes of fillth&tsitig alld Jkoldtllg fiwd5 to purbase a or8an for tbe Abbey. Poor Flld Tbi$ represent4 the income ari5in8 the en(loM'ed poor fillid M"liiclk is syellt at the discretioll of the Nicat. F•brAc Fund- St A to sikpm the fabric at St SI ADdr¢ Related to illcome iEstticred for t]Le putposes of St Alldrem's illclude5 8tants of £9.65ry (?019'. £11.396) from St Itews Trusttts). Witdgw!- Trmst Rep&li' FuDd- St ATtdi'eTrs Ill aceoEdanLY iiiih the d¢ed. di¢ PCC hai"e decided that le ittcome fi'oth ilie Il'ridgm'as Trtt be allocaied to St AlldreM'.s and.%pent oll repairs iu St Audtew's ClwIth. This will be rn"ieTred ill 2022 W'ÈstmknsteT Gi?Dt This Ojlld is for th¢ etthaThremellt ofth¢ Abbey's ¥ocial media presence. Resti'lcted Funds Tixllsfei's The restricted fill trallsfers thuing ?O?O m.ere as folloms: Tr15feT frD die 8aieral foodbat]k restricted fiEod of £12.000 to fiwd tlie fiEur¢ fill]ll¥ for the ciliz5 Adi'ice ses410.-4 fiuther £8.91" is for tlie local authoEiry eiiiei8ency assislallce 8[Et. Trall5f of L? ?-.4 repre%ellts a stjnt that receii'ed for red asset expendittw< ollce this asset capilalised the restt'ictloll 1I7s released aud the funds wrre trallsfeed to iinrestiicted fLwd5.
PEKSHORE ABBEY PAROCHIAL CH[cH COIThCIL YEAR LNlbED 31 DECEMBER 2020 .NOTES TO THE FL%-)CLL STATE1[s (coDttDlled) 14 lllit%trlcted Fullds BalAnce #t oimii20?0 BAknllce at 3111212020 EJpellditlllT TIiiDSfti Desi8nated fimds - Li8hiill8 fiwd ?8.600 {?7.739} (861) 12.268 .4bb4' office cost5 Total desiTrafed fiwds 39) ?1.407 Gelleral fj 104.81? 141.603 (1;9.693) (19.133) TotHI es1Cted fllDds 133.11 141.603 (0-..43?1 2.274 DeslgDated FiiD6$ Puiyo$Ès Alld l-ni'sti4¢ted Fmuds Till$fei The vnrestTiCted fid transfus during 20?0 M'er¢ fv3 follo"5.. Lllderspd on tb£ lighiinst PJe¢t of £861 being tr1vfe[r back to gelleral fivid5. Gr8Ut funds wrre receiial dwillq rbe year tOtallu £12.?68 due to the ftnallcial iPart of Coiid-19. Although dits wag all uwestrided qrallt. it M'as allocated io a desigllated fid to coi"¢r the futur¢ Opatio and dei'elopment Costs of StAEMlreM'"s wbicb assist Mith the continual fu]c1a1 illwct Ofpande1C. This 411 spend Similarty. A fwtliet graot of £IO.000 u'as re£efti'ed. Thts desionated to th¢ Abbey offL¢e ¢osts designated fundto fiu iht offi¢e ¢05t$ saJaTies due to ilie uncertainty of the colllinual fitw]cial impaci of CoNi&l9. Transfer of £4.2?4 reptegejits It grallt tbat Mis receiked fixed asset pendIture. ou£e this asset N?s capitalised the restrictioll i'eleased alld the fimds were transfeed to umtttrided fiuLd$. 15 .4llaliils of llet fissets bi lllrestiryrtfd Rt5tiifted EodoivTheDt Funds Fulld5 Funds TolRI Fund5 2020 Total FuJtd5 2019 Fixed assets UTent assds Currellz liabilities Long term liabilities 348.070 3?5.-19 410.583 616.349 ?36.868) (?2? 334) (203 929) 335.092 (21.642) {? 15.226) Total net Auets b). fuDd 69.557 194.7?4 ?£7 $04 115.804 16 Cotllmltments As * the yeaT end the cl)ariry lthd cou]Ellitriellts existillg of £w'l 1?019 . £ry8.600 relaling to Ilie lle. ligbtillg syste ill the Abbey). Othei. opeiMilll8 commltwents At the y¢at end. the clrity l]ad total lease pwenr5 Ur llOJ)<anitllable opffatm8 le4ses as follows.. 2020 2019 EWI[ bettveell Mo to fn"eyear% PaBe 23
PERSHORE.4BBEY P.4ROCHIAL CHtIiCH COIThCIL YEAR E)DED 31 DECEMBER 2020 OTES TO THE FLNL)CL4L STATEIIENryS {¢ontlnued) 17 Rp]aled piiti- tIMDsActlons Di18 the yeaJ the folloK'illB r¢lated party trallsa¢tion occu¢d.. Perstlore Produce DjIt eqeiables) LIlt 15 a CopanY wida. si11r1callt control of htr S J Clarke is the h1bal of Ntrs S Clarke. a Mistee of the charity. Pa)iuellt$ for the year tornlled £120 (2019.. L?70). St AndreTh-'s Parisb C¢ntre Trnst. 15 a separ7&te registered clwity is a related partv by iiits¢ of ¢on)mon Trustees beni'een the dwitie>. Th¢ follouTh8 trl$aCtionS tooL- place dursll8 the year. Restricted 8rallts receiiable St .JlndTthY'S PatisiTr Cejitre TnL4t durin8 the yeaT - £9.65? (2019.. £11.396). Fri(ts of Per$h'e Abbe5' ffoPA). Mllich is a separate registered cl)aTity is & rel&ied pity by i'ittu¢ of ¢oJllmoll Tnlee8 beni'eeji the IM"0 diaritiei. The following transactions tth)k" place duriJ)8 tlie year. - Restiicied grallts recen'able f1-0 FOPA thwillg the year (excludillg the Or?1)- £7,Sryf (•019'. £34.09T) . Orgau grallt5 receii'able from FOPA illcluding ellabln¥ MorLs- £l?3.S38 (?019'. £S%?.9•1) - Debtoi. due fiDm FOPA at riJ¢ je end- general i'esttiaed gianrs- £Nd {?019.' ££ -,0",1 - Debtoi due from FOPA at the Ye end - organ - £?LS {?OI9'. £40-..8!8) {Mryll be subiccl to foreÈ8ll exchange tlu¢aOJ)sj The T18 of the PCC are extretnely for tbe ruwicl support receii.ed frojll both St AJLdreH s Celltre Tnist alld FTiuids of Pershore Abbey Paqe 24
PEKSHORE ABBEY P.4ROCHL4L CHtIiCH COIThCIL ITAR 31 DECEIIBER 2020 18 PIUOR PERIOD CONIP.41L4TtIT SOFA STATLIIENY OF FPi.4)CtAL ACTIIITIES FOR THE ITAR 31 DECEIIBER 2019 2019 TotRI Dd5 2018 Total Flllld$ IDlSti¢ted Re5ti4¢ted EudowDient Fwids Fuod$ d$ Income EndowTrellts: 'oluntary in¢om¢-iegular ¥ii'iug -oliintary incoJue- other 104.308 134.50£ 104.308 10 1.6?3 835.741 105 J13 Actki'ilies for qellerating fimds. 35.898 38.341 Incojne froiii illi"estrnents 6.831 rth actiiiti¢s 31.252 31.25? 28.818 Tolftl lll¢omt 306.62; 708.239 1.014.866 ?8-:.130 Exi)eDdllw: Abbey u]inisty atid adwinistrotion 114.742 8.608 183.350 140.846 Abbey rnning costs 66.£23 619,:29 686.25 Fullth?ising expellses 13.499 34.491 3".031 St Andrem's n]nri ¢osts 13.601 14,494 ?8.OJ l3.158 TotAI expendltui'e ?68.364 663.:$3 93? 118 "8.898 et befoye iuTre5tmell¢ YIDS 38.?62 44.486 82,"48 8.13? Net gaius (Ios5es) on illNestDLents E?.438 37.966 50.404 (2.095) Net tllcome 56.924 37,966 133.152 Transfer beNThi fulld5 13 41.956 141.916) jel rnoj-ement In funds 80.118 l4.968 3"..966 133.15? 6.13- Totsl fi]nds brou¢ht fornxTd 1?6."89 381.653 3;6.516 TDtAI e#rrled f•rwaixl 133.11? 141.-:17 *40.936 %1$ 805 381 6$3