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2020-12-31-accounts

	In Christ's name
	We seek to welcome	all
To	lead people to Christ, to nurture	the faith, and
	To engage and serve the community

PCC Members who served	m 2020
Catherine McBride	Vicar and Chair
Lindsay Bashford	Churchwarden
David Clarke	Deanery Synod
Carol Corney	Pastoral Minister
David Costelloe	Treasurer		To 26October
Val Creasey
Alison Doulton		From 26October
Julia Farrant		From 26 October
Justin Frankfort
Sue Frankfort	Deanery Synod
Eunice Gibbons			To 26October
Avril Innocent	Churchwarden
David Lake
lan Macfarlane	Curate
Laurina Rushworth	Deanery Synod
Mike Rushworth
Guy Skipwith
Ken Woods

		Note
			General			Endow-
			Fund	Designated	Restricted	ment	2020
			Unrestricted	Funds	Funds	Funds	Total	2019
INCOMING RESOURCES
Voluntary Income		2(a)	76,143	5,800	132,028		213,971	145,398
Charitable Activities		2(b)	5,222	3,116			8,338	17,092
Investments		2(c)	22		7	41,390	41,419	40,221
TOTAL			81,387	8,916	132,035	41,390	263,728	202„711
RESOURCES EXPENDED
Raising Funds		3(a)	138				138	143
Charitable Activities		3(b)	111,679	59,514	83,161		254,354	155,391
Governance		3(c)	922				922	1,679
TOTAL			112,739	59,514	83,161		255,414	157,213
NETINCOMINGRESOURCES
BEFORERECOGNISED
GAINS AND LOSSES			(31452)	(50,598)	48,874	41,390	8,314	45,498
Gains / (Losses) on revaluation	of
investment assets		4		8,206		95,068	103,274	232,373
TRANSFERS BETWEEN
FUNDS		8	24,819	20,501	(3,930)	(41,390)
NET MOVEMENT IN FUNDS			(6,533)	(21,891)	44,944	95,068	111,588	278,071
Balances at IJanuary			183,473	110,492	81,869	1,382,472	1,758,306	1,480,235
Balances at31December			176,940	88,601	126,813	1,477,540	1,869,894	1,758,306

	Note	2020	2019
CURRENT ASSETS
Bookshop stock		633	301
Debtors		910	6,907
Investments		1,566,184	1,462,910
Bank balances - Lloyds		94,443	96,250
Bank balances - Barclays		105,712	85,541
Bank balances - NatWest		64,045	98,990
Bank balances - HSBC		41,319	10,974
		1,873,246	1,76'1,873
CURRENT LIABILITIES
Creditors		(3,352)	(3,567)
TOTAL ASSETS		1,869,894	1,758,306'
PARISH FUNDS
General fund - unrestricted		176,940	183,473
Designated		88,601	110,492
Restricted		126,813	81,869
Endowment		1,477,540	1,382,472
TOTAL FUNDS		1,869,894	1,758,306

								2020	2019
							Endow-
			General		Designated	Restricted	ment
			Fund		Funds	Funds	Funds	Total
	INCOME
2(a)	Voluntary Income
	Planned giving		58,212					58,212	60,392
	Collections at services			942				942	3,868
	Donations		1,690					1,690	2,460
	Giving to FoodBank					68,901		68,901	18,531
	Giving to CAP Debt Centre					32,699		32,699	13,025
	Gift Aid claimed		15,299			10,237		25,536	20,300
	Grant from the Diocese								2,500
	MD Town Council grant				300			300	300
	Covid support grants				5,500			5,500
	Grants to Foodbank					15,693		15,693	16;025
	Grants to CAP Debt Centre					4,498		4,498	7,997
			76,143		5,800	132,028		213,971	145,398
2(b)	Charitable Activities
	Car park users		1,625					1,625	3,060
	Parish rooms users				2,956			2,956	8,111
	Bookshop receipts				160			160	908
	Tyrley chapel rent		1,855					1,855	1,823
	Fees for funerals, weddings		1,742					1,742	3,013
	Sundry income								175
			5	222	3,116			8338	17,092
2(c)	Investments
	Dividends from invested	funds					41,390	41,390	40,185
	Bank interest			22		7		29	36
				22		7	41,390	41,419	40,221

									2020	2019
						General	Designated	Restricted
					Note	Fund	Funds	Funds	Total
	EXPENDITURE
3(a)	Raising Funds
	Stewardship envelopes					138			138	143
						138			138	143
3(b)	Charitable Activities
	Donations to charities				10	8,594			8,594	4,892
	Parish Share					59,958			59,958	58,855
	Clergy expenses					1,756			1,756	2,816
	Gifts for service to	the church				115			115	88
	Church heat &light					7,124			7,124	8,846
	Church insurance					4,847			4,847	4,813
	Church maintenance	&boilers				7,017	40,993	20,000	68,010	(4)
	Cleaning					3,065			3,065	3,324
	Worship / Upkeep	ofservices				2,045			2,045	2,814
	Outreach and pastoral					728			728	1,536
	Training and Young People					893			893	991
	Parish Rooms heat	&!ight					3,729		3,729	15,892
	Parish Rooms other running			costs			14,637		14,637
	Office &communications					13,850			13,850	12,433
	Bookshop costs						155		155	863
	CAP Centre costs							25,710	25,710	22,150
	FoodBank costs							37,451	37,451	14,935
	Tyrley Chapel expenditure					1,592			1,592
	Bank charges					95			95	147
						111,679	59,514	83,161	254,354	155,391
3(c)	Governance
	Legal &valuation	services								840
	Independent examination		fee			540			540	540
	Accountancy services - payroll					382			382	299
	PCC expenses
						922			922	1,679

									Endow-
			General Designated				Restricted		ment	2020
			Fund		Funds		Funds		Funds	Total	2019
4	INVESTMENTS
	Market value at	I January			80,438				1,382,472	1,462,910	L230,337
	Purchases
	Realisations
	Change in market value				8,206				95,068	103,274	232,573
	Market value at	31 December			88,644				1,477,540	1,566,184	7,462,910
	All investments	are shares in the CBFChurch ofEngland				Investment		Fund, which is managed by CCLA.
	Accumulation shares are held		for the Fabric Fund,		which	is a	Designated		Fund.
	Income shares are held for the Endowment			Funds.
5	DEBTORS
	Sundry debtors			910						910	339
	Gift Aid claims										5,912
	Parish Rooms users										656
				910						910	6,907
6	CREDITORS
	Gas &electricity			939		507				1,446	1,843
	Accountancy services			636						636	6'I6
	Repairs &maintenance			550		114				664	162
	OBice supplies			67						67	500
	Sundry creditors			514		25				539	446
				2,706		646				3,352	3,567
7	SUMMARY OF FUNDS
	Bookshop stock					633				633	301
	Debtors			910						910	6,907
	Investments				88,644				1,477,540	1,566,184	L462,910
	Bank balances		178,736			(30)	126,813			305,519	29L755
	Creditors		2,7061		(646					3,352	(3,567
			176,940		88,601		126,813		1,477,540	1,869,894	1,758 06

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The following donations	were	made from	church funds in	2020.
Bamabas Fund					2,000
Bible Society					2,000
Bible Reading Fellowship					2,000
CARE					2,000
Children's Society					500
Friends of Lichfield Cathedral					25
Shropshire Historic Churches		Trust			25
Sundry at the Vicar's discretion					44
					8,594	4,892
Market Drayton CAP Debt Cenue (transfer ofadditional funds)					500
SPECIAL COLLECTIONS
Money was collected by	the congregation		for the following	charities:
Friends ofKilimanjaro Christian Medical			Centre		251
Children ofthe Dump					161
Bishops Lent Appeal					20
Mother's Union					260
					692	2,802

		General			Endow-
		Fund	Designated	Restricted	ment	2019
		Unrestricted	Funds	Funds	Funds	Total
INCOMING
RESOURCES
Voluntary Income	2(a)	85,090	300	60,008		145,398
Charitable Activities	2(b)	8,073	9,019			17,092
Investments	2(c)	25		I I	40,185	40,221
TOTAL		93,188	9319	60,019	40,185	202,711
RESOURCES
EXPENDED
Raising Funds	3(a)	143				143
Charitable Activities	3(b)	101,551	16,755	37,085		155,391
Governance	3(c)	1,679				1,679
TOTAL		103,373	16,755	37,085		157,213
NET INCOMING
RESOURCES BEFORE
RECOGNISED GAINS
AND LOSSES		(10,185)	(7,436)	22,934	40,185	45,498
Gains I(Losses) on
revaluation ofinvestment
assets			14,728		217,845	232,573
TRANSFERS BETWEEN
FUNDS		72,645	29,655	2,805	40,185
NET MOVEMENT IN
FUNDS		62,460	(22,363)	20,129	217,845	278,071
Balances atIJanuary		121,013	132,855	61,740	1,164,627	1,480,235
Balances at31December		183473	110492	81869	1,382,472	1,758,306