2021-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of The Holy Cross With St Peter's Shrewsbury

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						Unrestricted	Designated	Restricted	Endowment	Total	Total	Total
						Funds	Funds	Funds	Funds	Funds 2021	Funds	2020
							E	E			E
											'see nole 12for full
Incoming Resources											oomparati ues
Income and endowments				from:
Donations and Legacies					2a	74,998	355	90,720		166,073	198454
Activities for Generating			Funds		2b	4,797		5,332		10,129		2,450
Income from Investments					2c	176	1,008	3,359	1 960	6503		8568
Church Activities					2d	12,501		125		12,626		5,842
Other Income					2e							4,240
Total						92,472	1,362	99,535	1,960	195,330	219,554
Resources Expended
Expenditure on:
Raising Funds					3a	2,821		2,337		5 158		989
Church Activities					3b	165,498		140,611		306,110	327,438
Other Expenditure					3c
Total						168,319		142,949		311,268	328,426
before investment
gains/(losses)						75847	1,362	43413	1,960	115938	108872
Net gain/(losses)	on sale		of
investments							929			1335
Net gain/(losses)	on revaluation
ofinvestments					7(b)		2,771	16,483	8,208	27,463		18,483
Net Income/(Expenditure)						75847	3,205	26930	9,762	89810		90389
Transfer between	Funds					20,320	32752	12,432
Net Movement in	Funds					55 527	29547	14499	9,762	89810		90389
Total Funds brought		forward			11	61,223	93,647	203,137	107,270	465,277	555,666
Total Funds carried forward						5,697	64,100	188,638	117,032	375,467	465,277

			Total 2021	Total 2020
				E
Fixed Assets
Tangible Assets		7(a)	46 000	46,000
Investment Assets		7(b)	219,436	292,954
Total Fixed Assets			265,436	338,954
Current Assets
Stock		8(a)		17,759
Current Investments		8(b)
Debtors and prepayments		8(c)	32,285	22 342
Cash at bank and in hand		8(d)	117,547	122,450
Total Current Assets			149,833	162,551
Current Liabilities	-due within	1 year
Creditors and accruals		9(a)	13594	10,019
Diocesan Parish Share			26,208	26,208
Total Current Liabilities			39,802	36,227
Net Current Assets/(Liabilties)			110,030	126,324
Liabilities due after one year		9(b)
Creditors
Diocesan Loan
Total Liabilites due after one year
Total Net Assets/(Liabilities)			375,467	465,277
			Total 2021	Total 2020
Funds ofthe PCC
Unrestricted Funds
General Fund			5697	61 223
Designated Funds			64 100	93647
Restricted Funds			188 638	203 137
Endowment Funds			117032	107270
Total Funds			375,467	465,277

			Total	2021	Total 2020	Total 2020
					E
Fixed Assets
Tangible Assets		7(a)		46,000		46,000
Investment Assets		7(b)		219,736		293,254
Total Fixed Assets				265,736		339,254
Current Assets
Stock		8(a)
Current Investments		8(b)
Debtors and prepayments		8(c)		20 243		28 759
Cash at bank and in hand		8(d)		114,893		119,387
Total Current Assets				135,136		148,146
Current Liabilities - due within		1 year
Creditors and accruals		9(a)		13422		3594
Diocesan Parish Share				26,208		32,752
Total Current Liabilities				39,630		36,346
Net Current Assets/(Liabilties)				95,506		111„800
Liabilities due after	one year	9(b)
Creditors
Diocesan Loan
Total Liabilites due after one year
Total Net Assets/(Liabilities)				361,243		451,053
			Total 2021		Total 2020
Funds ofthe PCC			E
Unrestricted Funds
General Fund				8528		46 999
Designated Funds				64 100		93647
Restricted Funds				188638		203 137
Endowment Funds				117032		107270
Total Funds				361,243		451,053
The financial statements	were approved	and authorised	for issue by	the Trustees	... ......+..~....	2022

	CONSOLIDATED	INCOME AND	INCOME AND		Unrestricted Funds	Designated Funds	Restricted Funds	Endowment Funds	Total Funds 2021	Total Funds 2020
	ENDOWMENTS			2	E	E		E	E	E
	Donations and Legacies
	Voluntary Income
	Planned giving			2a	29,214				29,214	27,530
3	Collections at services				7,919				7,919	4,212
	All other giving and voluntary		receipts
	including special appeals				14,637		16,255		30,891	66,317
4	Stewardship
0	Gift Aid Recovered				5,426		5,500		10,926	12,970
7	Legacies received						2,695		2,695	149
e	Grants (recurring and one-off)				17,802	355	66,270		84,427	87,277
					74,998	355	90,720		166,073	198,454
	Charitable Activities
	Activities for Generating	Funds		2b
9	Refreshments									215
9	Bookstall				316				316	130
9	Chrtistmas Fayre
9	Summer Fayre				1,200				1,200
9	49ers						1,585		1,585	1,665
9	Other Fundraising Activities				3,281		3,747		7,028	440
					4,797		5,332		10,129	2,450

					Unrestricted	Designated	Restricted	Endowment	Total Funds	Total Funds
					Funds	Funds	Funds	Funds	202i	2020
					E	E
	Income from Investments			2c
10	Dividends					1,003	3,342	1,955	6,300	8,263
10	Bank Interest				176		17		203	305
					176	1,008	3,359	1,960	6,503	8,568
	Income from Church	Activities		2d
11	Statutory Fees (retained		by PCC)		6,003		125		6,128	3,266
12	Hire ofAbbey Church	&	StPeter' s		3,541				3,541	1,365
12	Church Hall Hire				2,956				2,956	1,523
12	Shrewsbury Abbey Connexion									(332)
					12,501		125		12,626	5,842
	Other Income			2e
13	Other income - insurance		claim							4,240
										4,240
	Total Income				92,472	1,362	99,535	1,960	195,330	219,554

	CONSOLIDATED EXPENDITURE				Unrestricted Funds	Restricted Funds 8	Total Funds 2021 8	Total Funds 2020f
	Raising Funds			3a
	Costs ofGenerating Funds
17	Stewardship Costs
17	Other fundraising costs				2,813	2,337	5,150	989
					2,821	2,337	5,15&	989
	Charitable Activities			3b
	Church Activites
15	Mission Giving and Donations				60		60	134
19	Diocesan Parish Share				52,401		52,401	52,401
19	Diocesan Parish Share	Support			4,367		4,367	6,551
20	Salaries and Wages				21,400	16,717	38,117	27,714
21	Clergy and Staff Expenses				2,900		2,900	1,980
	Church Expenses
22	Church Expenses (Mission and Evangelism)				325		325	80
23	Church Running Expenses		(incl Governance)		31,645	5,885	37,530	25,525
23	Church Maintenance				30,078	30,269	60,347	24,990
24	Church Utility Bills				9,281		9,281	5,548
25	Church Hall costs				915		915	1,157
25	Local Mission running costs
25	Shrewsbury Abbey Connexion				18,459		18,459
	Major Capital Expenditure
27	Major Repairs to the Church				2,400	87,741	90,141	194,620
25	Major Repairs to Church	Hall
29	New Building Work
					165,498	140,611	306,110	327,438
99	Other			3c
	Other
C	Total Expenditure				168,319	142,949	311,268	32&,426

Charity		At 1stJan	Additions	Disposals	Transfers	Changein	At 31stDec
		E	E	E	E	Market Value E	E
Unrestricted	funds
Connexions		300					300
Designated	Trust 1745	79,947		60574		2,771	22,144
Restricted funds
Trust 619		115,221				16,483	131,703
Endowment	funds
Trust 1447		97,786		40,406		8,208	65,588
Total		293,254		(100,980)		27,463	219,736
Current Assets
Stock
Group				2021	2020
				E	F
Unrestricted	funds
Connexions	Stock				17,759

Group
Unrestricted	funds
Connexions	Stock

ash at Bank and in hand roup - 2021
	Unrestricted f	Designated f	Restricted f	Endowment f	2021 Total f	2020 f
Holy Cross Accounts	29,484	32,531	15,256	40,000	58,303	69,124
Connexions Accounts	2,654				2,654	3,062
CBF Deposit Accounts				792	792	792
CBFTrust Fund Deposit Accounts		9,425	34,827	10,651	54,902	48,575
Interior Decorating Scheme			796		796	796
Petty Cash	100				100	100
	(26,730)	41,956	50,879	51,443	117,547	122,450
harity - 2021
	Unrestricted f	Designated f	Restricted f	Endowment f	2021 Total f	2020f
Holy Cross Accounts	29,484	32,531	15,256	40,000	58,303	69,124
CBF Deposit Accounts				792	792	792
CBFTrust Fund Deposit Accounts		9,425	34,827	10,651	54,902	48,575
Interior Decorating Scheme			796		796	796
Petty Cash	100				100	100
	29,384	41,956	50,879	51,443	114,893	119,387

roup - 2020
	Unrestricted f	Designated f	Restricted f	Endowment f	2020 Total f	2019Total f
Holy Cross Accounts	11,362	4,283	53,512		69,157	154,412
Connexions Accounts	3,062				3,062	7,513
CBF Deposit Accounts				792	792	3,649
CBFTrust Fund Deposit Accounts		8,417	31,467	8,691	48,575	40,129
Interior Decorating Scheme			796		796	734
Petty Cash	100				100	100
	14,525	12,700	85,775	9,4&3	122,483	206,537
harity - 2020
	Unrestricted f	Designated f	Restricted f	Endowment f	2020 Total	2019Total f
Holy Cross Accounts	11,362	4,283	53,512		69,157	154,412
CBF Deposit Accounts				792	792	3,649
CBFTrust Fund Deposit Accounts		8,417	31,467	8,691	48,575	40,129
Interior Decorating Scheme			796		796	734
Petty Cash	100				100	100
	11,462	12,700	85,775	9,483	119,420	199,023


9	Liabilities			Group		Chari
				2021	2020	2021	2020
9(a)	Amounts	falling duein one year			f	E
	Unrestricted
	Accruals	of Utilities		1,627		1,627
	Creditors	- Holy Cross		926	926	926	926
	Creditors	- Connexions				128	119
	Creditors	- LDBF Parish	Share	26,208	32,752	26,208	32,752
	Creditors	—LDBF Payroll		4,694		4,694
	Creditors	- Connexions	late filing penalty	300
	Restricted
	Agency -	LDBF Statutory	Fees	3,041	1,694	3,041	1,694
	Agency —Wedding Deposits			700	300	700	300
	Agency -	Other		2,306	555	2,306	555
	Other Creditors
35				39,802	36,227	39,630	36,346
9(b)	Amounts	falling due after one year
	Unrestricted
	Friends of HC loan to Connexions

ummary roup		ofAssets by Fund - 2	021
			Unrestricted	Designated	Restricted	Endowment
			Funds	Funds	Funds	Funds	Total
				E
Fixed Assets			46,000				46,000
Investment		Assets		22,144	131,703	65,588	219,436
Current Assets			6,547	41,956	62,982	51,443	149,833
Current	Liabilities		33756		6,047		39,802
Liabilities		& 1 year
			5,697	64,100	188,638	117,031	375,467

harity
			Unrestricted	Designated	Restricted	Endowment
			Funds	Funds	Funds	Funds	Total
							E
Fixed Assets			46,000				46,000
Investment		Assets	300	22,144	131,703	65,588	219,736
Current Assets			21,244	41,956	62,982	51,443	135,136
Current	Liabilities		33,583		6,047		39,630
Liabilities		& 1 year
			8,528)	64,100	188,638	117,031	361,243

ummary roup		ofAssets by Fund -2	020
			Unrestricted	Designated	Restricted	Endowment
			Funds	Funds	Funds	Funds	Total
					F	E	E
Fixed Assets			46,000				46,000
Investment		Assets		79,947	115,221	97,786	292,954
Current	Assets		48,902	13,700	90,465	9,483	162,551
Current	Liabilities		33,678		2,549		36,227
Liabilities		& 1 year
			61,223	93,647	203,137	107,270	465,277
harity
			Unrestricted	Designated	Restricted	Endowment
			Fundsf	Funds	Funds	Funds	Total
Fixed Assets			46,000				46,000
Investment		Assets	300	79,947	115,221	97,786	293,254
Current Assets			34,498	13,700	90,465	9,483	148,146
Current	Liabilities		33,797		2549		36,346
Liabilities		& 1 year
			46,999	93,647	203,137	107,269	451,053

Group - 2	0	21
			Reserves at	Incoming	Resources	Investment		Reserves at
			1stJan	Resources	Expended	Gains/Losses	Transfers	31stDec
			E	E		E		E
Unrestricted		Fund	61,223	92,472	(168,319		20,320	5,697
Designated	Funds
Boiler Designated			5,283					5,283
Trust 1745			88,364	1,362		1,843	32,752	58,817
			93,647	1,362		1,843	32,752	64,100
Restricted	Funds
Abbey Restoration			55,941	2656	44 733		3961	4,591
Admin Staff Fund			3,330	3,996	4,723		1,393	3,996
Boiler Restricted
Forget Me		Not	150					150
HLF			26,908		2,426			24,482
IDS			796					796
Music			4,886		200			4,686
Organ			42,212	88,584	85,182		15,000	23,809
R Salt			3,051					3,051
StPeters	Restricted		3,650					3,650
Trust 619			145,292	3,359		16,483		165,134
Toddle In			1,343	262				1,605
Vestment				5,990	(5,685)			305
			203,137	99,535	142,949	16,483	12,432	188,638
Endowment	Funds
H M Lee			792					792
Trust 1447			106,477	1,960		7,803		116,239
			107,270	1,960		7,803		117,032
Total Funds			465,277	195,330	311,268	26,128		375,467
				.31

Summary of Fund Movem Group - 2020	ents -2020
	Reserves at	Incoming	Resources	Investment
	1stJan f	Resources	Expended F	Gains/Losses	Transfers 6		Reserves at 31stDec E
Unrestricted Fund	110,983	61,299	(111,058)				61,223
Designated Funds
Boiler Designated	5,250					33	5,283
Trust 1745	81,260	2,326		4,778			88,364
	86,510	2,326		4,778		33	93,647
Restricted Funds
Abbey Restoration	6,191	49,750					55,941
Admin Staff Fund	4,816	1,485					3,330
Boiler Restricted	33					33
Forget Me Not	150						150
HLF	44,686		17,777				26,908
IDS	734	63					796
Music	5,986		1,100				4,886
Organ	54,280	101,479	197,971				42,212
R Salt	3,571		520				3,051
StPeters Restricted	3,650						3,650
Trust 619	134,527	3,352		7,414			145,292
Toddle In	1,343						1,343
	259,967	153,158	217,368)	7,414		33	203,137
Endowment Funds
H M Lee	789						792
Trust 1447	97,417	2,768		6,292			106,477
	98,206	2772		6,292			107,270
Total Funds	555,666	219,554	(328,426)	18,483			465,277
Charity - 2020
	Reserves at	Incoming	Resources	Investment			Reserves at
	1stJan f	Resources	Expended	Gains/Losses	Transfers F		31stDec
Unrestricted Fund	96,759	61,299	(111,058				46,999
Designated Funds
Boiler Designated	5,250					33	5,283
Trust 1745	81,260	2,326		4,778			88,364
	86,510	2,326		4,778		33	93,647
Restricted Funds
Abbey Restoration	6,191	49,750					55,941
Admin Staff Fund	4,816	1,485					3,330
Boiler Restricted	33					33
Forget Me Not	150						150
HLF	44,686		17,777				26,908
IDS	734	63					796
Music	5,986		1,100				4,886
Organ	54,280	101,479	197,971				42 212
R Salt	3,571	35	520				3,051

St Peters Restricted	St Peters Restricted		3,650							3,650
Trust 619			134,527	3,352			7,414			145,292
Toddle In			1,343							1,343
			259,967	153,158	(217,368)		7,414		(33)	203,137
Endowment Funds
H M Lee			789							792
Trust 1447			97,417	2,768			6,292			106,477
			98,206	2,772			6,292			107,270
Total Funds			541,442	219,554	(328,426)		18,483			451,053
Consolidated SOFA		Comparatives	-2020
				Unrestricted	Designated		Restricted	Endowment
				Funds	Funds		Funds	Funds		Total Funds
				E
Income and Endowments
Donations and Legacies				50,462			147,992			198,454
Activities for Generating		Funds		706			1,745			2,450
Income from Investments				50	2,326		3,421	2,772		8,568
Church Activities				5,842						5,842
Other Income				4,240						4,240
Total Income				61,299	2,326		153,158	2,772		219,554
Expenditure
Raising Funds				869			120			989
Church Activites				110,190			217,248			327,438
Other Expenditure
Total Expenditure				111,058			217,368			328,426
Net income/(expenditure)				49,759	2,326		64,211	2	772	108,872
Net gain/(losses)	on investment				4,778		7,414	6,292		18,483
Net Income/(Expenditure)				49,759	7,104		56,797	9,063		90,389
Transfer between	Funds					33	33
Net Movement in	Funds			(49,759	7,137		56,830	9,063		90,389

Connexions Profit 8 Loss Acco	unt
	2021f	2020
Sales		1,429
Cost ofSales
Opening Stock	17,759	17,759
Purchases		1,559
Closing Stock		(17,759)
	17,759	1,559
Gross Profit/(Loss)	(17,759)	(129)
Non Trading income
Non Trading Expenditure	700
Running Expenses		204
Profit/(Loss) for the year	(18,459)	332)
Shortfall from Abbey	18,459	332
Net Profit/(Loss) for the year

Connexions Balance S	heet
		2021f	2020
Current Assets
Stock			17,759
Debtors - due from Holy	Cross	18,918	451
Other Debtors
Cash at bank and in hand		2,654	3,062
		21,573	21,273
Creditors -due within	1 year
Creditors —due to Holy Cross		6,749	6,749
Other Creditors		300
Net Current Assets		14,524	14,524
Creditors due after one year
Total Net Assets/(Liabilities)		14,524	14,524
Capital and Reserves
Called up Share Capital		300	300
P8 L brought forward		14,224	14,224
Profit/(Loss) for the year
		14,524	14,524