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





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|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<br>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.<br>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<br>8'c Edwards LLP, Solicitors, Worcester||
|Architects:|||Robert IGlgour &Associates, Bewdley —Abbey||
||||Graeme Beamish, Worcester —StAndrew' s||



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





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



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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total|Total|
||||Funds|Funds|Funds|Funds|Funds|
|||Notes||||f,||
|Income and Endowments:||||||||
|Voluntary<br>income —regular giving|||104,642|||104,642|86,339|
|Voluntary<br>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<br>and administration|||163,642|85,798||249,440|172,287|
|Abbey running<br>costs|||17,559|33,323||50,882|233,022|
|Fundraising<br>expenses|||5,139|||5,139|5,546|
|StAndrew*s running<br>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)<br>/ income before||||||||
|investment<br>gains|||(26,155)|32,529||6,374|(17,516)|
|Net gains on investments||||13,075|36,838|49,913|23,496|
|Net (expenditure)<br>/ income|||(26,155)|45,604|36,838|56,287|5,980|
|Transfer between funds||15|43,488|(43,488)||||
|Net movement<br>in funds|||17,333|2,116|36,838|56,287|5,980|
|Total funds brought<br>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|





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|||||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|





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|2|Income||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||Funds|Funds|2021|2020|
||a)Voluntary<br>income||||||
||Regular giving||||||
||Stewardship<br>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<br>income<br>Grants —Abbey<br>Grants —StAndrews||24,871|50,075<br>21,697|50,075<br>46,568|216,391<br>23,114|
||Grants —furlough<br>scheme<br>Grant —Culture Recovery <br>Donations<br>and appeals<br>Food bank donations<br>StAndrews<br>donations<br>Legacies|2|4,653<br>14,664<br>4,786|60,750<br>33,355<br>533|4,653<br>60,750<br>14,664<br>33,355<br>533<br>4,786|7,788<br>6,885<br>50,169<br>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<br>income||6,560||6,560|2,782|
||||12,904||12904|6538|
||c)Income from investments<br>Dividends|||5,706|5,706|5,510|
||StAndrews's<br>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|





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|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<br>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<br>&furniture||||||17,765|17,765|7,477|
|Cleaning|||||4,135||4,135|2,642|
||||||17,559|33,323|50,882|233,022|
|c)Fundraising<br>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<br>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<br>costs —indepeadent||||examiner|1,620||1,620|1,560|
|Total expenditure|||||211,951|141,351|353,302|435,063|





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



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|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|





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|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|





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|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<br>income —regular giving||86,339|||86,339|104,308|
|Voluntary<br>income —other||36,376|268,731||305,107|835,741|
|Activities for generating<br>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<br>and administration||149,191|24,656||173,847|183,350|
|Abbey running<br>costs||43,724|189@98||233,022|686,252|
|Fundraising<br>expenses||5,546|||5 546|34491|
|StAndrew's<br>running<br>costs||8,971|13,677||22,648|28,025|
|Total expenditure||207,432|227,631||435063|932,118|
|Net (expenditure) iincome before|||||||
|investment<br>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<br>funds|20|2,274|(2,274)||||
|Net movement<br>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|





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|ndowment<br>funds||||||||
|---|---|---|---|---|---|---|---|
|||||Balance at|Increase in||Balance at|
|||||01/01/2020f||Valuation|31/12/2020|
|Poor Fund||||2,914||200|3,114|
|Furniture<br>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<br>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<br>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<br>Trust Repair||||||||
|Fund —StAndrews||1,325|1,364|(2,761)||72||
|Westminster<br>Fund||3,049||{504)|||2,545|
|Total restricted<br>funds||141,757|275,944|(227,631|2,274)|6,928|194,724|



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|ricted<br>Funds||||||||
|---|---|---|---|---|---|---|---|
||||Balance at||||Balance at|
||||01/01/2020|Income|Expenditure|Transfers|31/12/2020|
|Designated<br>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|



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||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|