2021-12-31-accounts

			Page
Reference snd Administrative		Details
Trustees' Annual Report			2to6
Independent Examiners	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial	Statements		10to25

Trustees:
Priest in Charge:			The Revd Claire Lording
Curate:			The Revd Steve Dunton
Reader:			Mr Peter Stansbie
Church Wardensi			Mrs Suzanne Clarke
			Mr William Newman
Deanery Synod Rep:			Dr Judith Dale
Lay Representatives:			Mrs Jean Andrews
			Mrs Ann Bray
			Mr David Long
			Mrs Sandra Long
			Mr Colin Reeves (resigned 11thJanuary 2022)
			Mrs Sarah Thomson
Secretary	to the PCC:		Mrs Sara Speed
Honorary	Treasurer &Co-Opted Member:		Mrs Helen Archer-Smith
Statement	of	Legal Status:	Pershore Abbey PCC is a Charity registration	with the Charity
			Commission. Charity number: 1133566
			The Friends ofPershore Abbey CIO (charity	number 1193273)and
			StAndrew 's Parish Centre Trust (charity number 501353)are both
			charities registered separately
Independent		Examiner:	Azets Audit Services, Epsilon House, The Square, Gloucester
			Business Park, Gloucester, GL3 4AD
Bankers:			Barclays Bank PLC, Worcester
Legal Advisors;			Stallard March 8'c Edwards LLP, Solicitors, Worcester
Architects:			Robert IGlgour &Associates, Bewdley —Abbey
			Graeme Beamish, Worcester —StAndrew' s

The statistics for	the	year, with	comparisons	to 2020, are as follows:
					2021	2020
					No.	No.
Baptism
Under 1 year					17
Aged 1 —12					14
Aged 13+					1
Total
Communicants	(and Total Attendance)
Easter Day					104(129)	No in person
						service
Christmas (including		Christmas	Eve)		136(321)	138(206)
Normal Sunday	Attendances
Adults					110
Children					4
			~-no data	for 2020 due to Covid 19

Attendance (continued)
Occasional Services
Weddings	9	2
Blessings ofMarriage	1	1
Funerals —In Abbey	25	11
Funerals —In Crematorium	34	43

						2021	2020
			Unrestricted	Restricted	Endowment	Total	Total
			Funds	Funds	Funds	Funds	Funds
		Notes				f,
Income and Endowments:
Voluntary income —regular giving			104,642			104,642	86,339
Voluntary income —other			48,974	166,410		215,384	305,107
Activities for generating	funds		12,904			12,904	6,538
Income &om investments			168	7,470		7,638	7,586
Church activities			19,108			19,108	11,977
Total income			185,796	173,880		359676	417547
Expenditure:
Abbey ministry and administration			163,642	85,798		249,440	172,287
Abbey running costs			17,559	33,323		50,882	233,022
Fundraising expenses			5,139			5,139	5,546
StAndrew*s running costs			23,991	22,230		46,221	22,648
Governance costs			1,620			1,620	1,560
Total expenditure			211,951	141,351		353,302	435,063
Net (expenditure) / income before
investment gains			(26,155)	32,529		6,374	(17,516)
Net gains on investments				13,075	36,838	49,913	23,496
Net (expenditure) / income			(26,155)	45,604	36,838	56,287	5,980
Transfer between funds		15	43,488	(43,488)
Net movement in funds			17,333	2,116	36,838	56,287	5,980
Total funds brought forward			69,557	194,724	257,504	521,785	515,805
Total funds carried forward		16	86,890	196,840	294,342	578,072	521,785

				2021	2020
			Notes
Fixed Assets
Tangible fixed assets				26,965	10,708
Investment	assets			387,275	337,362
				414,240	348,070
Current Assets
Stock			9	8,387	7,818
Debtors			10	206,878	220,756
Cash atbank and deposits			11	188,490	182,009
				403,755	410,583
Current Liabilities
Creditors: amounts		falling due within one year	12	(239,923)	{236,868)
Net Current	Assets			163,832	173,715
Total Net Assets				578,072	521,785
Funds
Unrestricted			15	86,890	69,557
Restricted			14	196,840	194,724
Endowment			13	294,342	257,504
			16	578,072	521,785

2	Income
			Unrestricted	Restricted	Total	Total
			Funds	Funds	2021	2020
	a)Voluntary income
	Regular giving
	Stewardship giving		76,245		76,245	62,110
	Tax recovery		19,636		19,636	16,529
	Collections (at all services)		8,761		8,761	7,700
			104,642		104,642	86,339
	Other voluntary income Grants —Abbey Grants —StAndrews		24,871	50,075 21,697	50,075 46,568	216,391 23,114
	Grants —furlough scheme Grant —Culture Recovery Donations and appeals Food bank donations StAndrews donations Legacies	2	4,653 14,664 4,786	60,750 33,355 533	4,653 60,750 14,664 33,355 533 4,786	7,788 6,885 50,169 760
			48,974	166,410	215,384	305,107
			153,616	166,410	320,026	391,446
	b) Activities for generating	funds
	Abbey hire charges		2,596		2,596	2,833
	Bookstall income		3,748		3,748	923
	Magazine income		6,560		6,560	2,782
			12,904		12904	6538
	c)Income from investments Dividends			5,706	5,706	5,510
	StAndrews's dividends			1,764	1,764	1,703
	Bank interest		168		168	373
			168	7470	7638	7586
	d) Income from church activities
	Abbey service fees		11,703		11,703	3,284
	StAndrew*s hire charges		6,611		6,611	7,627
	Other income		794		794	1,066
			19,108		19,108	11,977
	Total income		185796	173,880	359676	417,547

Expenditure
					Unrestricted	Restricted	Total	Total
					Funds	Funds	2021	2020
a)Abbey ministry	and administration
Ministry: Diocesan		parish share			120,918		120,918	108,826
Cultural recovery	2	expenditure				41,858	41,858
Ministry expenses					1,967		1,967	2,096
Worship expenses					1,040		1,040	1/31
Youth work and	missionary				3,479		3,479	3,003
Office and administration					25,306	2,545	27,851	27,710
Food bank expenditure						41,395	41,395	24,152
Music and organist					4,201		4,201	3,457
Depreciation					6,731		6,731	1,812
					163,642	85,798	249,440	172,287
b) Abbey running	costs
Organ expenditure						12,825	12,825	180,530
Floodlighting								27,739
Abbey development		fund				2,733	2,733	1,291
Heat and light					8,094		8,094	8,078
Insurance					5,330		5,330	5,265
Maintenance &furniture						17,765	17,765	7,477
Cleaning					4,135		4,135	2,642
					17,559	33,323	50,882	233,022
c)Fundraising expenses
Bookstall					974		974	351
Magazine					2,550		2,550	2,480
Plum fayre expenses
Abbey hire costs					818		818	1,783
Other fundraising	costs				797		797	932
					5,139		5,139	5,546
d) St Andrew's running			costs
Heat and light					3,024		3,024	3,315
Insurance					1,333		1,333	1,316
Maintenance					14,506	22,230	36,736	13,356
Cleaning					3,520		3,520	3,054
Depreciation					1,608		1,608	1,607
					23,991	22,230	46,221	22,648
e) Governance costs —indepeadent				examiner	1,620		1,620	1,560
Total expenditure					211,951	141,351	353,302	435,063

4	Staffcosts
		2021	2020
			f
	Gross Salaries	34,933	28,551
	Pension Contributions	74	329
	Total staff costs	35,007	28,880

NO	TES TO THE FIN	ANCIAL STATEMENTS (continued)
7	Fixed assets
				Equipment
	Cost
	At 1 January 2021			17,091
	Additions			24,596
	At 31December	2021		41,687
	Depreciation
	At 1 January 2021			6,383
	Charge for the year			8,339
	At31December	2021		14,722
	Net BookValue
	At31December	2021		26,965
	At31December	2020		10,708
8	Investments
			2021	2020
			g
	CBFInvestment	fund units, 12,569units	294,342	257,504
	CBFInvestment	fund units, 1,505.67units	87,933	74,858
	One True View Plc —5,000fl A Shares atcost		5,000	5,000
			387@75	337,362

9	Stock
		Total	Total
		2021f	2020
	Stock	8,387	7,818
		8,387	7,818
10	Debtors
		Total	Total
		2021f	2020
	Organ	202,421	215,226
	Sundry debtors	4,457	5,530
		206,878	220,756
11	Cash
		Total	Total
		2021	2020
		f
	Short term deposits	26,715	26,547
	Current accounts	161,775	155,462
		188,490	182,009

			Total	Total
			2021	2020
Independent	examination	accrual	1,620	1,560
Sundry creditors			35,882	20,082
Organ contract			202,421	215/26
			239,923	236,868

STATEMENT OFFINANCIAL AC	TIVITIES	FORTHE YE	ARENDED	31DECEMBER	2020
					2020	2019
		Unrestricted	Restricted	Endowment	Total	Total
		Funds	Funds	Funds	Funds	Funds
	Notes
Income and Endowments:
Voluntary income —regular giving		86,339			86,339	104,308
Voluntary income —other		36,376	268,731		305,107	835,741
Activities for generating funds		6,538			6,538	35,898
Income &om investments		373	7,213		7,586	7,667
Church activities		11,977			11,977	31,252
Total income		141,603	275,944		417,547	1,014,866
Expenditure:
Abbey ministry and administration		149,191	24,656		173,847	183,350
Abbey running costs		43,724	189@98		233,022	686,252
Fundraising expenses		5,546			5 546	34491
StAndrew's running costs		8,971	13,677		22,648	28,025
Total expenditure		207,432	227,631		435063	932,118
Net (expenditure) iincome before
investment gains		(65,829)	48,313		(17,516)	82,748
Net gains on investments			6,928	16,568	23,496	50,404
Net (expenditure) Iincome		(65,829)	55,241	16,568	5,980	133,152
Transfer between funds	20	2,274	(2,274)
Net movement in funds		(63,555)	52,967	16,568	5,980	133,152
Total funds brought forward		133,112	141,757	240,936	515,805	382,653
Total funds carried forward	21	69,557	194,724	257,504	521,785	515,805

ndowment funds
				Balance at	Increase in		Balance at
				01/01/2020f		Valuation	31/12/2020
Poor Fund				2,914		200	3,114
Furniture Restoration		Fund		80,893		5,563	86,456
Organ Fund				14,569		1,002	15,571
Fabric Fund (Abbey)				5,789		398	6,187
Wridgway Trust Fund				45,584		3,135	48,719
Structure Repair Fund				12,690		873	13,563
Drakes Broughton	Allotments			36,153		2,486	38,639
Fabric Fund (StAndrews)				11,310		777	12,087
Hanson Fund				31,034		2,134	33,168
Total Endowment	Funds			240936		16,568	257,504
estricted funds
		Balance at	Income	Expenditure	Transfers	Increase	Balance at
		01/01/2020					31/12/2020
						Valuation
Food Bank:
-General Restricted		11,352	50,169	(24,151)	{20,912)		16,458
-Future Funding for
Citizens Advice Sessions					12,000		l2,000
-Local Authority
Emergency Assistance
Grant					8912		8912
Total Food Bank
Restricted Funds		11,352	50,169	(24,151)			37,370
Development		43,702	8,893	(1,290)		2377	53,682
Frontispieces		827				45	872
West End		66				4	70
Clock		3,007				164	3,171
Furniture		22,704	2,462	(1,210)		1,235	25,191
Floodlighting		6,164				335	6,499
Organ Maintenance		7,340	436			399	8,175
Organ Replacement		41,360	189,288	(180,530)		2,250	52,368
Poor Fund		177	87			10	274
Abbey Maintenance			10,776	(6,269)			4,507
Fabric Fund —StAndrews		684	339	(1,060)
StAndrews			12,130	(9,856)	(2,274)
Wridgway Trust Repair
Fund —StAndrews		1,325	1,364	(2,761)		72
Westminster Fund		3,049		{504)			2,545
Total restricted funds		141,757	275,944	(227,631	2,274)	6,928	194,724

ricted Funds
			Balance at				Balance at
			01/01/2020	Income	Expenditure	Transfers	31/12/2020
Designated funds
-Lighting fund			28,600		(27,739)	(861)
- StAndrews						12,268	12,268
-Abbey once	costs					10000	10000
Total designated	funds		28,600		(27,739)	21,407	22,268
General funds			104,512	141,603	(179,693)	(19,133)	47,289
Total unrestricted		funds	133,112	141,603	(207,432)	2,274	69,557

	Unrestricted	Restricted	Endowment	Total	Total
	Funds	Funds	Funds	Funds	Funds
				2020	2019
Fixed assets	15,708	74,858	257,504	348,070	325,719
Current assets	75,491	335,092		410,583	616,349
Current liabilities	(21,642)	(215,226)		{236,868)	(222,334)
Long term liabilities					{203,929)
Total net assets by fund	69,557	194,724	257,504	521,785	5I5,805