Annual Report and Consolidated Financial Statements
of the Parochial Church Council of the Parish of The
Holy Cross, Shrewsbury
The Abbey Church of St Peter and St Paul, Abbey Foregate
with St Peter's Church, Monkmoor Road
st
For the year ended 31 December 2022
Charity reglstrutlon number.. 1149972

The Parochial Church Council of the Parish of The Holy
Cross, Shrewsbury
The Abbey Church of St Peter and St Paul, Abbey Foregate
with St Peterfs Church, Monkmoor Road
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST
DECEMBER 2022
Charlty reglstratlon number.. 1149972
Objertives and Activities
The Parochial Church Council of Holy Cross Shrewsbury (the PCCI ha5 the responsibility of co-
operating with the incumbent (the Reverend Dr Tom Atfield until 25 May 2022, thereafter during
sequestration the churchwardens jointly) in promoting the ecclesiastical parish, the whole mission of
the Church. pastoral, evarigelical, social and ecumenical. The PCC is also spiritually responsible for
the maintenance of the churches.
The PCC is committed to ellabling as many people as possible to worship in our churches and to
become part of our parish community at Holy Cr05s, Shrew5bury. The PCC maintains an overview of
worship throughout the parish and makes suggestions on how our services can involve the many
groups that live within our parish. Our services and worship put faith into practice through prayer,
scripture. music and sacrament. Also, through non-sacramental activities of hospitality and
fellowship we aim to reach non-churched members of the community.
Public Beneflt
The trustees of the PCC are aware of the Charity Commission's guidance on public benefit in The
Advancement of Religion for the Public Benefit and have had regard to it in their administration of
the Charity. The trustees believe that, by promoting the work of the Church of England in the
Ecclesiastical Parish of The Holy Cross Shrewsbury it helps to promote the whole mission of the
Church (pastoral, evangelistic, social and ecumenicall more effectively, within the Ecclesiastical
Parish, and that in doing so it provides a benefit to the public by..
Providing facilities for public worship, pastoral care and spiritual, moral and intellectual
development, both for its members and for anyone who wishes to benefit from what the Church
offer5; and

Promoting Christian value5 and service by members of the Church in and to thelr communities,
to the benefit of individua15 and society as a whole.
The PCC is specifically responsible for the maintenance of the Abbey, St Petels and the parish hall
on the St Peterfs site.
Achievements and Performance
Worship and Services
The average weekly attendance at services prior to the Covid 19 lockdown was 100 inclusive of
visitors at the Abbey Sunday morning service.
ShrewsburyAbbev
In 2022, the average weekly attendance at Sunday services at 5hrewsbury Abbey was 68 adults and
3 children.
Attendance at seryices on Easter Day and vigil service on Easter Eve was 142 (including 105
communicants).
Attendance at services during Advent for the congregation and local community was 459
Attendance at services for Advent specifically for school and civic organisations was 240
Number of Communicants at any seNice on Christmas Eve or Christmas Day was 250
Total number (including communicants) attending worship at any Service on Christmas Eve or
Christmas Day (including Crib and nativity seryices held on Christmas Evel was 940
St. Peterf5 Church, Monkmoor
Average weekly attendance at Sunday services at St. Peterfs was 25 adults.
Attendance at services on Easter Day and vigil service on Easter Eve was 43 lineluding 41
communicants)
Attendance at services during Advent for the congregation and local community was 75
Number of Communicants at any seNice on Christmas Eve or Christmas Day was 29
Total number (including communicants) attending worship at any service on Christmas Eve or
Christmas Day was 29.
Flnancial Review
Overview
The consolidated accounts for the year ended 31" December 2022 are attached to this report.
The unrestricted funds show a deficit for the year of £23,79012021'. deficit £55,527) for the year.
The Parish continues to recover from the financlal difficultles caused by the Covid pandemic and
subsequent lock downs, particularly affecting levels of income during both 2020 and 2021. Normal
activities have now been resumed - see the statement under the headin8 Going Concern in the
accounting policies section of the Statement of Accounts.

The Parish committed to paying 41yA of its 2022 Common Fund requested but the amount
committed1£18,0771 was not paid during the year, hence the parish share/common fund arrear5 of
£45,192 Isee Note 9a}. However. the full amount of its share for 2021 was committed iri full,
£21,826 being paid during 2021 and the outstanding balance of £26.208 was paid in March 2022.
In 2023, an agreement was reached with Lichfield Diotese and if the parish contribute £15,000
towards the £45,192 arrears from 2022, the Diocese will match the arrears payments on a 2 .. 1 basis
and write off £30,192 over three years provided full contributions are paid in 2023, 2024 and 2025.
Reserves Policy
It is PCC policy to try to maintain a balance on free reserves for the charity lunrestricted net current
assets plus unrestricted investments) which equates to at least three months unrestricted payments
and one additional month's salary costs. Thi5 is equivalent to £42,7621£45,280 in 20211. It is held to
smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at
the year-end was minus £59,477 Iminus £36,068 in 20211. This is lower than target. The PCC are
aware of the p051tion and are doing their utmost to ￿Ctify it.
It is our policy to invest the investment fund balances with the CCLA CBF Investment Fund and
deposit balances with the CCLA CBF Deposit Fund.
Investment Policy
The charity is granted power to invest in suitable investments under the PCC Powers Measure 1956
and the Trustees Act 2000. As a charity, the Trustees have a duty of care to take such advice as is
appropriate before investments are undertaken. This advice is Sought from the Central Board of
Finance ICCLAI in London
The charity's investment policies are based on two key principles..
Ethical Investment- this includes ensuring that investments are held In companies which
have high standards of corporate governance and act in a responsible way towards
stakeholders.
Long-term responsibilities- the trustees are aware of their long-term responsibilities in
respect of the Restricted and Unrestricted reserves and as a result follow a prudent
approach to investment decisions.
Investment policy for long-term funds is aimed primarily at generating a sustainable income, with
due regard to the need for the preservation of capital value. and the possible need to realise
investments to meet operational needs. The charity does not have a policy of generating income at
excessive or high risk - known as "purchasing income" where high returns are guaranteed at the
expense of capital.
In summary, the charity has an overall policy to maximise income while preserving the real value of
its funds. Due to the nature of the charity, an ethical investment policy is taken into consideration
when investments are made..
The charity follows the Ethical Investment Advisory policy as recommended by the Lichfield Diocese
which includes the following=
"We aim to invest in companies thot..
will develop their business in the interest5 of shoreholders..
* demonstrate responsible employment practices,.

ore conscientious concerning i55ues of corporate governofice, the environment und humun rights.-
(Jre sensitlve to the community in which they operote.-
Planned giving, collections and donations are the main sources of fund raising along with tax
recoverable.
Safeguardlng
The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergv
Discipline Measure 2016 Iduty to have due regard to House of Bishops, guidance on safeguarding
children and vulnerable adultsl. All PCC membets hove completed the required online training
modules.
Reportin8 Serlous Incidents
A Serious Incident is an adverse event, whether actual or alleged. which results in or risks significant
harm to the charity's beneficiaries, employees, office holders. volunteers or to others who come into
contact with the charity through its work, loss of the charity's money or a55ets, damage to the
charivs property or harm to the charity's work or reputation.
The trustees are not aware of any Serious Incldents in the last year.
Fundraising
The PCC takes its fundraising responsibilities seriously and is very grateful to all donors- whether
regular or occasional- for their support of the church and church events. PCC supporters are never
taken for granted. The PCC take full responsibility for fundraising and do not use commercial
organi5ations or professional fundraisers. All money raised is either by donations, fundraising
events, special appeals or legacies for which the PCC are most grateful.
Volunteers
The members of the PCC would like to thank all the volunteers who work 50 hard to make our
Church a lively and vibrant community
Risk Management
The PCC is aware of Sts major risks and has a risk-management policy which 15 reviewed annually.
The Risk Management Policy includes a description of the principal risks and uncertainties facing the
Charity and its Subsidiary undertaking, as identified by the PCC members, together with a summary
of their plans and strategies for managing those risks as well as any factors that are likely to affect
the financial performance or position going forward.
The worldwide outbreak of the COVID-19 virus which substantially affected the income we received
from worshippers and decimated the income both from tourists and visitors during 2020 and 2021.
Income levels began to recover in 2022, continuinE into 2023, and congregational giving increased
significantly following a Time Talent5 and Tythes campaign.
Parishioners continue to be encouraged to make their regular giving by standing order. This enables
us to manage cash flow better, safeguards against absence from church and reduces the handling of
cash by our volunteers.

Structure, Governance and Management
Overview
The PCC is a Body Corporate established by the Church of England IPCC Powers Measure 1956, and
the Church Representation Rules 2(J)61 and is a Charity registered with the Charity Commission
(Registration number.. 11499721. The PCC is governed by the Parochial Church Council Powers
Measure119561 as amended that came into effect on 2nd January 1957, and the Church
Representation Rules Icontained in Schedule 3 to the Synodical Government Measure 1969 as
amended).
The PCC is responsible for making decisions on all matters of general concern and importance in the
parish, and for all financlal matters. The PCC met 8 times with an average of 15 members in
attendance. Reports were tabled, discussed and approved by the PCC.
The method of appointment of the PCC members is set out in the Church Representation Rules. The
Council comprises the Incumbent, the Churchwardens, a representative of the Readers, those
elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church
Meeting by those on the Electoral Roll. PCC members receive training from courses run by the
Diocese. Members of the congregation are always urged to join the Electoral Roll, and to Stand for
election to the PCC.
The PCC have put in place Sub-committee arrangements.
The PCC'S Standing Committee h35 met as necessary between PCC meetings. The Standing
Committee has comprised the Vicar, Churchwardens and the Chairmen of the Abbey and St Peterfs
Councils as ex-officio members, and the two PCC officer5 (Treasurer and Secretary).
The Shrewsbury Abbey Connexions Ltd is a subsidiary company wholly owned by the PCC in order to
comply with the trading charities requirements of the Charities Act. its function is to operate the
Abbey Shop and promote the Abbey church as an attraction to visitors. The company covenants its
profits annually to the PCC. The Shrewsbury Abbey Connexions Ltd has not traded since March 2019
and remains close(J at the time of signing these accounts.
Related Parties
Donation5 from Related Parties
Donations from related parties during the year totalled £13,7781£12,955 in 20211. All these
donations were received wlthout conditions.
Remuneration paid to Trustees
None of the trustees have been paid any remuneration or received any other benefits from
employment with the PCC.
Expenses paid to Trustees
I trustee has been paid £1,098 during the year, in respect of reimbursement of office and travelling
expense512021= 2 trustees reimbursed £2,7171.
Reference and Administrative details
The Abbey church is situated at Abbey Foregate, Shrewsbury SY2 6BS and St Peterfs Church is in
Monkmoor Road, Shrewsbury SY2 5BE. The two churches are part ofthe Deanery ofShrewsbury in

the Diocese of Lichfield. The correspondence address is The Abbey Office, 25 Foregate, Shrew5bury.
SY2 6BS and the telephone number is 01743 232723 (during office hour51.
Email- manager@shrewsburyabbey.com
Our website address is.. hlt
www.shrewsbur
abbe
.com
PCC members
PCC members leach of whom is a trustee of the ecclesiastical charity of the Parish of the Holy Cross,
Shrewsburyl who have seNed since I, January 2022 until the date thi5 report was approved were:
Ex Officio Members
The Incumbent
Rev Dr Tom Atfield (Chairman) luntil 25, May 20221
Licensed clergy
Rev Pat Aldred IAssociate Priestl (from 6th September 20221
Reader
Mike Duckett
Co-opted Clergy
Rev Stephanie Fahie
Churchwardens
Anne Gudgin (until 24, May 20221
David May luntil 24, May 20221
Ken Poulter (until 8, March 20221
From 24 May 2022 the following served as Churchwardens, sharing the role of lay Vice-chaimian
Brian Newman
Bernice Firmin l& Deanery Synod)
Hannah Smith
Deanery Synod Reps
Gill Barrow
Katherine May
Elected Members
Elizabeth Coley Ifrom 23" May 20231
Sarah Cooper
Joan Greatbatch-wood (Electoral Roll Officer)
Miles Kenny (from 24, May 20221
June Marshall
Diana Morgan Isafeguardingl
Brian Newman (until 24, May 20221
Andrew Norris (Treasurer) luntil 6, September 20221
Sue Oliver luntil 30, November 20221
Christine Poharyskyi (from 24, May 20221
Stefan Poharyskyi (from 24, May 20221
Nigel Pursey (Secretaryl (until 23 May 20231
Hannah Smith {until 24" May 20221
Julia Taylor
Martin Riddett ITreasurerl Ico-opted from 6th December 20221

Officer of the PCC luttends meeting5 but does not curry a vote)
Carolyn Mahy (Secretary) (from 23" May 20231
Names and addresse5 of advisers
Banks
Royal Bank of Scotland, Drummond House, l Redheughs Avenue, Edinburgh EH12 9JN
Co-operative Bank, PO Box 101, l Balloon Street. Manchester M60 4EP
Investment Managers
CCLA, l Angel Lane, London ÉC4R 3AB
Independent Examlner
Jonathan Hill, Lichfield Diocesan Board of Finance, St Mary's House, The Close, Lichfield WS13 7LD.
Approved by the PCC on ........................... 2024 and signed on its behalf by:
8rian Newinaii
Chtrr¢hwarden
8erni¢e Flrmln
Chuiihwarden

PARISH ACTIVITIES GENERALLY IN 2022
Parish of Holy Cr055 Mission Report 2022
Our mission is to proclalm the good news of Jesus Christ afresh in each generation. This is our
priorlty and is outlined below using the fivefold marks of mission.
To proclaim the Good News of the Kingdom:
The vacancy has allowed the parish to re-imagine what its mission is and to discover new ways of
making disciples. At St. Peterfs, Messy Church, forget-me-not, toddlers, groups, and drop-in services
have all been a part of the parish strategy. The Ttr initiative has helped to generate more volunteers
across the parish, but we always need more.
The Abbey is distovering what is distinctive about its role. A civic church with a unique position, the
Abbey will continue to build on its relationships within the county. Developing a tourism strategy, the
Abbey is a trusted venue for exhibitions, concert5, and recitals. These events bring in much needed
revenue and visitors. The parish is blessed with excellent worship leaders and a musical heritage that
is second to none.
To teach, baptise and nurture new believers:
Congregations in the parish are growing and numbers for Holy Communion are increasing. This last
year, we have focused on a Lent course, we have our prayer group, and we have candidates for
Confirmation. Weddings and Baptisms will continue to be potential areas of growth and reaching out
for new members.
To respond to human need by loving service:
We have successful food bank hubs and hold regular services for those who are most vulnerable in
our community. We support several charities and individual parishioners are involved in a myriad of
charitable endeavours from the Samaritsns to Street Pastors. This year, we must consolidate our
efforts through tangible service and selfless commitment.
To seek to transform unjust structures of society, to challenge violence of every kind and to pursue
peace and reconclllation:
The parish have reached out to those who have arrived in Shrewsbury from the Ukraine as well as
other refugees. Service sheets have been provided in the Ukrainian language to enable visitors to feel
welcome and donations have been made to assist those caught up in war and violence. Thls year, the
parish joined the 'lnclusive church, network as a positive step in standing a8ainst discrimination of any
kind and to become a community where ALL are welcome.
To strNe to safeguard the Integrity of creatlon and sustain and renew the life of the earth:
More must be done if we are to achieve the aims of this mark of mission. We utilise traidcraft products
in our refreshments and recycle where we can but there is room for improvement. We are
rationallsing the use of our heating and lighting and continue to strive to lessen waste and printing
requirements. We will do better in the next 12 months to become more sustainable and
environmentally friendly.
Revd. Pat Aldred
Associate Minister

Proceedlngs of the PCC
For the year beginning with the 2021 yearfs APCM the PCC continued to operate with the Sub
Committee af rangements introduced in the previous year.
The full PCC held 7 meetin8S Wlth all meetings held in person. The first meeting, on the rising of the
APCM, was the last PCC meeting chaired by the outgoing incumbent, Rev Dr Tom Atfield. Thereafter
the meetings were chaired in rotation by the three churchwardens.
Two issues have dominated the Pctrs discussions over the last year.
al With the parish formally in sequestration, the Archdeacon has attended two of the PCC'S
meeting to discuss option5 for filling the vacancy. The PCC decided to consult on the option to
split the parish, the new Abbey Parish with a half-time stipendiary priest and the new St Peterfs
parish with a 0.2 full time equivalent house for duty priest. Consultee responses showed
support for this option which now will be taken forward by the diocese with a Pastoral Scheme
needed. This will take many months to agree and Set up.
bl Secondly, financial matters. The outgoing treasurer (Andrew Norris) had to step down suddenly
due to ill health, but the PCC was pleased to be able to appoint a new treasurer in December
2022. The finances continue to be of considerable concern due to the impact of Covid lockdown
on the finances for 2020 and 2021 with income from events and tourism having suffered a
massive decline. A financial recovery plan was put into place, and the PCC has been pleased to
see a continued recovery of income. Due to the former trea5urerfs ill health, completion of the
2021 and 2022 accounts proved difficult, but the 2021 formal statement of accounts wa5 lodged
wlth the Charity Commission before the end of October 2022.
The Abbey Council devoted much time to the arrangements for ensuring the recovery of the Abbey,
particularly for worship, events, tourists and general marketing. The St Peterfs Council met 6 times
in the year and has devoted time to extending its mission and outreach, and to the general
maintenance of the whole site. Both Councils have also discussed options for the future ministry of
the parish. A Fabrlc Sub-committee is newly established. As well as dealing with maintenance
1S5ues on both sites, it will also have oversight of the parish longer term response to Sustainability
155ues. A fourth Sub-committee - the StandinE Committee - has also met when necessary for any
urgent business discussions between meetings of the full PCC.
Nigel Pursey
PCC Secretary (until 23r¢ May 20231
io

Fabric Goods and Ornaments of the Two Churches
Parish of the Holy Cross- Fabric, Goods and Ornaments report 2022
The quinquennial inspections of the Abbey, St. Peterf5 Church and the Parish Hall were carried out
during the summer, with reports in late summer. As might be expected there was very little to
report at 5t. Peterfs or the hall. A certain amount of work of a routine maintenance nature is
required at the abbey- very little could be done during the pandemic. This work has started and
further works of repointing, repairs to the roofs and clearing gulleys and vegetation will be
undertaken shortly now that the fine weather 15 returning. Finding contractors who wish to do this
type of work is increasingly difficult.
Based on architect's estimates there is about a quarter of a million pounds worth of work required at
the abbey over the next five years. This will undoubtedly require appeals once again to the HLF and
other charltles and funds which support such work. The parishioners will not be in a position to fund
this in addition to the day to day running costs, which post-pandemic, are in any case a struggle to
meet.
The celebrations of Holy Eucharist in the Abbey have been greatly beautifled by use of the full
vestment sets Ichasuble, dalmatic, tunicle, stoles, burse, veill in green and purple so generously
donated in 2021 by the Cottam Will Trust. These are of the highest quality being supplied by Watts &
Co. of Westminster. Thanks to an anonymous donor we also now have a full set in rose, for use twice
a year on Gaudete Sunday in Advent and Laetare Sunday in Lent. Added to the existing full sets in
white and red the Abbey now ha5 a set for every Sunday, in addition to chasubles in black for
funerals.
The Abbey worship ha5 also been beautified by the recently restored and completed William Hill
organ. Monthly organ recitals are booked through 2023 and most of 2024 so that there is ample
opportunity to hear the organ in the hands of very competent recitalists as well as in worship. The
architect is working on a scheme for the full use of the area under the organ as music library and
vestry space.
It is a great shame that the many boards around the abbey explaining the significance of the building
and its history were removed at some time during the pandemic. The tourism committee is now
working on how best to re-establish an appropriate tourist experience in the Abbey. including the
full re-opening of the shop.
In May a modern sculpture by Paul Kennedy, sponsored by the Lord Lieutenant of Shropshire
commemorating the county's strLtggle during the covid-19 pandemic, was placed on a stone plinth in
the Abbey.
The recently installed sound system has been extended into the Lady Chapel. This has improved
audibility for service5 held there.
Brian Newman and Bernice Williams
Churchwardens
li

Deanery Synod Report
Deanery Synod has met 3 times, March, July and November at St. Alkmund's, Leaton Church and
Holy Spirit, Harlescott.
The meeting in March focu55ed on the country and peoples of Ukraine and how as a Deanery we
could offer support to any Refugees arriving in Shrewsbury. We heard how the congregations of St.
Chad's and St. Alkmund's have worked together following the loss of their Vicar.
We were reminded of the Shrewsbury Passion Play and Walk of Witness due to be held on Good
Friday. We then had the report of the 'comings and going5" Wlthin the Deanery and a report from
the Diocesan Synod.
The meeting in July at Leaton Church was the last of the old Shrewsbury Deanery. We were asked
how we might seNe others and help our local communities, which engendered a lively discussion.
The new Deanery of Shrewsbury and Wrekin was created on the ISI of July and consist of 35
Churches, 29 Parishe5 and 13 Benefices.
The meeting in Novemberwas the first ofthe new Deanery and a welcome wasgiven to the new
Area Dean- Rev. Andy Ackroyd.
There was opportunity to thank the Rev. Phil Cansdale, Rev. Andy Knight and Rev. Chris Tough for
their work over the past 5 years.
The rest of the meeting was mainly taken up with setting up the new Deanery Synod and a time of
"Getting to know you., The usual tomings and goings and an update on 'Shaping for Mission" took
place. The meeting c105ed, as always. with Prayer.
Gill Barrow
Deanery Synod Representative.
Safeguarding
SAFEGUARDING REPORT 2022
We are committed to taking Safeguarding very seriously. Our policy is stated on our Webslte.
The parish complies with all safeguarding policies and procedures as deemed necessary by the
Church of England. We review our own parish policy each year to ensure we are fully up to date
with any new directives. Safeguarding is everyone's business and we have a duty of care to all. All
PCC members, paid staff and some volunteers who must have a DBS check have completed their
applications and are now cleared. The PCC took the decision that all PCC members should undertake
Basic and Foundation Safeguarding training which is presently taking place. It is recommended that
volunteers would also find the training helpful.
Diana Morgan
Safeguarding Officer
12

Communications and Events
Communication is the oil in the parish machine. Outward communication via noticeboards, banner5,
website, visitor interaction, social media, press and radio continues to be very active. The weekly E-
Sheet is largely internal but to a degree external. It has 78 subscribers and is now electronic-only to
save cost. It continues to be well received as the sole parish-wide weekly communication. Weekly
Sunday pew sheets are also used to reinforce internal publicity of forthcoming events and services.
A printed Parish Newsletter is produced 3 times annually. This is a useful outreach publication aimed
at a wider audience than the E-sheet.. the Parish Newsletter can be given as part of our visitor
'welcome' both at the Abbey and 5t Peter's and free-of-charge. Many people contribute to its
content, and it is compiled and proofread voluntarily by parish members. Copies are available in the
Parish Hall for attendees to pick up.
Communication within and between churches is improving but can still be better. The parish office is
not always used as the hub that it should be and the grapevine and initiative don't always fill the
gaps. Lack of communitation can lead to lack of coordinatlon.
We are now attracting more and more events to the Abbey, small and large, mainly music but a150
exhibition5, open days and community events, with tours also well established. All of this is essential
to the re-building of the Abbey'5 POSt-Covid economy and our challenging finar)cial targets are
attainable
Commvnications with old and new hirers of the Abbey are improvin& lately including introducing
concerts and giving a safety briefing. This 'follow-though' has been very well received by hirers and
audiences and led to repeat business.
Jazz in the Church Inow three events this yearl and several Live in the House bookings have come
our way because of our dynamic response to enquirers. We are now getting requests for extra
nights and extra events from hirers.
There are good opportunities to enhance both our offer to hirers and income for the parish,
particularly via the provision of food and drink at some evening events at the Abbey. Both involve
resources and risk and initially will be provided by partners who will pay a commission but the case
may well be proved for doing more ourselve5 in the future.
Steve Swinden
Parish Administrator
Abbey
Cholr
2022 saw the choirfs activities returning to normal following the pandemic. It has been very
encouraging to see that new members have joined the choir. The majority are young singers which 15
13

heartening for the future
not necessarily at the Abbey but wherever these young people end up
living. We were delighted that our choral scholar gained a place to read music at Cardiff University
and we were also very happy that a one-year Master5 Student at Harper Adams University, as well as
recent graduates from several universities, some in music, chose to sing with us. A new choral scholar
was appointed for a 2-year tenure having previously been a lead girl chorister at Chester Cathedral.
As the abbey now has such a wonderful organ, we are always on the lookout for organ scholars as
well. We are fortunate that the funding for the choral and organ scholarships comes from generous
donations from Trusts external to the Abbey.
The choir was delighted to be invited to lead the sung worship at a Solemn Evensong for the
Shrewsbury Drapers Company on Trinity Sunday. We were well elltertained to supper in Draperg Hall
afterwards. For the residence weekend away during the choir break in August the choir sang all the
weekend services at Bangor Cathedral. The repertoire was chosen with care as unfortunately most of
the organ was not playable. Helped by some phonetic coaching we managed to sing a Eucharist service
in Welsh- not entirely, as the Mass setting was in the much more familiar Latinl _ as well as another
Eucharist service in English.
Holy week and Easter were, as usual, musically very rich with sung services on eight consecutive days.
Likewise, there was a heavy musical load over Christmas, with very large congregations at both the
Christmas Carol Service and Midnight Mass. Included also was a most enjoyable evening of carol
singing for the many customers at Yhe Crown, opposite the abbey.
An interregnum is always a time of uncertainty, but the choir has been able to provide continuity in
choral worship. not only on Sundays at the morning Eucharist and at Even50ng week by week, but also
on the major mid-week feast5. We have felt well-supported by Fr. Pat Aldred, our associate priest, and
many other visiting clergy, whose musical ability in the sung parts of the liturgy has varied widelyl But
we have also been most encouraged by so many members of the congregation who appreciate our
efforts to uplift the worship with beautiful music.
The choir members give up typically six hours a week, some weeks more, of their time. This is a major
volunteer commitment, but it is enjoyable. Principally, the choir makes music to enhance the liturgy
and thereby to the greater glory of God.
Organ
In 2020121 there was extensive work to renovate, electrify and complete the Abbey's 1911 Hill
organ.
In 2022. there wa5 a fvll year of liturgical and recital use of the organ. It is clear that the instrument
has been transformed, its potential realised yet without jeopardising the quality of its softer colour5.
Our congregation has felt the presence of the organ as a lead to their worship, and have been highly
complementary. Abbey visitors show great interest in the organ, the work carried out and
appreciate the sounds they hear. Visiting recitalists have universally praised the work and its result.
Your team of organ players now gain huge pleasure from playing the organ, no longer frustrated by
the numerous problems and lack of presence of the pre-2020 organ.
14

The organ has qulckly settled back down into its week-by-week requirements. Some small teething
problems remain (principally with the electronic switchingl and there are a few final tidying up jobs
to do. The music library, now located below the organ platform, is also work-in-progress and
security arrangements for that whole area have still to be finalised.
Nigel Pursey
Lead organist
St Peter's
St Peters report 2022
St Peterfs congregation was left leaderless at the end of May 2022 when Rev Tom Atfield resigned as
Vicar of Holy Cross Parish to take up secular employment and the two Church wardens did not seek
re-election at the Annual Vestry Meeting.
I would like to place on record our grateful thanks to Anne Gudgin and David May for thelr unstinting
commitment and years of dedicated service as Parish Wardens, particularly as they served during
the most difficult of times. during the Covid years.
The three new Church Wardens were elected- Hannah Smith, Brian Newman and Bernice Williams
Isoon to be Bernice Firmin.)
The unexpected grave illness of Andrew Norris. the PCC Treasurer compounded the loss of key
personnel to lead and run Parish affairs.
Nigel Pursey the PCC Secretary has been instrumental in keeping us calm and carrying on as we
navigated our way through Parish business. Thank you, Nigel, for your efforts in this regard which
went way and beyond your job title. This is also the time to reiterate our thanks to you for your
years of unstinting service as the PCC Secretary, but particularly during the Covid crisis. We are
indebted to you, as you stand down as Secretary- thank you again.
St Peter's Council (the Friends of St Peter'51 a sub committee of the PCC has met 8 times between
May 22 and May23
Worshlp
As Wardens we have managed with the assistance of Rev Steph Fahie, Rev George Hodkinson,
Associate Priest Pat Aldred and our several readers to keep the regular pattern of worship of Holy
Communion at 10.00am except on the 4 Sunday each month which is a lay led service. Other
visiting priests have included the Archdeacon and Rev Chri5 Walker and Bp Sarah on the Sunday
before Christmas.
The numbers of regular worshippers are growing and we have a number of congregants who attend
regularly with their care supporters including our blind organist Rob Sherratt on the first Sunday
each month.
There was a seryice for Harvest Festival followed by a Parish bring and share lunch attended by
about thirty people.
15

In the two weeks Preceding Christmas a group of St Peter's folk sang carols in local pubs and
distributed leaflets Wlth the seNice times for all parish Christmas seNices
At Christmas the usual Carol Service was held followed by Mince pies and mulled wine. Collection
being donated to Embrace the Middle East.
Two children from one family were baptised in June
We were thrilled that a local couple chose to get married at St Peterfs in August.
There were three church funerals for member5 of the congregation.
Pra
er Grou
meets every Thursday evening and a list of prayer requests is updated weekly. The
numbers attending has grown. Two all-night vigils were held to pray for the future of the parish.
Buildings and gardens
The Quinquennial reports for St Petels and Parish Hall have been carried out.. dated June 2022.
There is minimal wort¢ needed to bring both buildings in line with the recommendation5 in the
report. Works wi51 be put In hand in the near future.
There has needed to be very little up keep of St Peterfs church durinE the year, except a new bell
rope and the vestry door awaits replacement. It is rotten meaning the church is not fully secure.
A 'Love St Peterfs Day, resulted in the Church being Spring cleaned for Easter by volunteers and new
shelving bought and put up in the storage area. Two gazebos have been purchased for use at
outdoor events.
The front garden of the church has been transformed by the bark paths being replated by 'hoggin'.
Brian Ruff very kindly donated two garden benches the catalyst for the new paths. Volunteers
donated bulbs and rose bushes were planted by volunteer5, Stephan Poharyskyi made the rose
obelisk resulting in the whole front of church area now being inviting to anyone who would like to sit
and have time in the memorial garden or just watch the world go by in a beautiful peaceful place.
Pathway works, timber, storage shelving and gazebos paid for by The Friends of St Peterfs
Mission and outreach
The Parish Hall continues to be the venue for Toddle-ln which has become 50 popular that Vicki and
Natasha, the leaders, have in addition started a mums and baby group so no toddlers are turned
away from Toddle-ln. There are regularly over thirty youngsters attending Toddle-ln from 10 -11.30
on Wednesdays in term time. Toddle-ln is for Mums and babies under one yr from 12.30-2.00pm
Due to these numbers It was decided this is a mission field and so Messy Church ran for the first time
in Holy Week 2023, with seventy nine adults and children attending the first meeting followed by
worship in church and a tea for all.
The weekly Coffee and Chat meetings have became very popular, some days with more than thirty
to forty people attending. It is a social hub for a group of disadvantaged people who attend regularlv
with their support workers.
A small knitting group has started at Coffee and Chat, resuming the pre Covid Busy Fingers group.
16

The Food Hub agreed to The Parish Hall becoming a distribution point in the autumn, and a group of
volunteers from St Peter's collect the food weekly from Food Hub HQ in Harlescott for distribution at
Coffee and Chat on Tuesdays.
There is a regular weekly delivery of donated food from St Peterfs Church to the Food Bank in
Coleham, again all delivered by St Peteff s volunteers.
The For
et Me Not Tea monthly meetings have continued to flourish. On average thirty people
attend and as with Coffee and Chat some very strong friendship groups have grown from it.
Last May, to mark Dementia Awareness week we held a Songs of Praise at the Abbey and over
seventy people attended that service. Plans are well in hand for the next Songs of Praise to be held
at St Peterfs Church just before the Coronation Weekend.
Warm S
ace
Successful bids for hall heating costs and hall consumer board upgrades were made to Shropshire
County Council and the Diocese of Lichfield to enable the Parish Hall to be used as a Warm Space
and many of the volunteers that stepped up to enable this were St Peters worshippers.
Warm Space ran from early November until the end of March in the Parish Hall and was invaluable
for those who sought warmth and company during those cold winter months.
A programme of social events have taken place orEanised by the St Peterfs Friends. All these
activities are social event5 but have also meant funds have been added to the Friends of St Peterfs
Account, and, as in previous years at the end of December. a tithe was added to the carol service
collection money and sent to 'Embrace', the Christian Middle East Charity.
Other social events were a Beetle Drive, a Quiz night and The May Fayre, which proved to be the
most successful to date.
Future of the parish
Finally, overarching all the business of the Parish it cannot be over stressed what a difficult year it
has been as a result of Rev Tom'5 sudden resignation.
In July the Archdeacon informed the Wardens that the Parish was In desperate financial straits and
that consequently a new full time replacement could not be appointed.
Various suggestions followed on how this wa5 to be managed and several PCC meetings later we are
at the point of finding out whether the proposed arrangements for splitting the parish, with St
Peters becoming a parish in its own right with a House of Duty post of two days, and a half time
Stipend p05t at the Abbeyi will be approved at local level.
This will be a turning point as part of a long and tortuous series of decisions and consultations.
We are in God's hands and seek to do His will over thls matter but it would be fair to say there is
sense that after eighty years as the Abbey's daughter church, St Peterfs has come of age and there is
genuine excitement for what Gods plan is for the Parish, but St Peterfs in particular.
Rev Steph Fahie
17

Forget Me Not Te?
l am pleased to report that the Forget Me Not Teas last year, were well attended, on average thirty
people coming each month, enjoying the Informal worship and in particular, a very strong bond of
friendship that has become a characteristic of the meetings.
The overarching theme for 2022 explored music of some sort each month, and the first Dementia
Songs of Praise service in May attracted between 70180 to the Abbey.
Each month our superb volunteers continue to produce a wonderful home-made tea for the
attendees enjoyment. In June we celebrate the fact that Forget Me Not Tea has run for eiEht year5,
and I woijld like to thank all those people who contribute in many ways to make the tea the popular
event it is, without whom it would not be possible.
Thank you for making a difference to those people who benefit so greatly from what you do.
This year the theme is Poetry and in both 2022 and 2023 we have tontinued to be awarded the
Bishops certificate in recognition of our being Dementia Friendly Churches.
In May 23 we are planninE a celebration Songs of Praise to mark the Coronation and once again
Dementia Awarene55 week, which falls in mid-may.
Bernice Firmin
Churchwarden
18

Independent Examiner's Report to the trusteeslmembers of the PCC of The Holy
Cross (The Abbey) Shrewsbury
Re8lStered Charity number 1149972
I report on the accounts for the year ended 31st December 2022 which are set out on the following pages.
Res
ctive res
onsibilities of the Trustees and Inde
endent Examiner
The charity'5 trustees are responsible for the preparation of the accounts. The charity's trustees conslder that an
audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) that an independent
examination 15 needed.
It is rny responsibility
to examine the accounts under section 145 of the Charities Acl,
to follow the procedure5 laid down in the General Directions given by the Charity Commission (under section
14515llbl of the Charitie5 Act, and
to state whether particular matters have come to my attention.
Basss of Inde
endent Examiner's Statement
My examination was carried out in accordance with the General Direttion5 given by the Charity Commission.
An examination includes a revtew of the attounting records kept by the ¢harity and a comparison of the accounts
presented with those records. It a150 5n¢ludes conslderation of any unusual iterns or disclosures In the accounts,
and seeking explanations frorn the trustees concernlng any such matters. The procedures undertaken do not Provide
all the evidence that would be requlred In an audlt, and eonsequently no oplnlon Is given as to whether the accounts
present a 'true and fair" view and the report is Ilmited to those matters set out in the statement below.
Inde
endent Examiner's ststement
In connection with my examinatlon. no materlal matters have come to my attention whlch gtves me cause to belleve
that in any material respect..
accounting records were not kept in accordance with section 130 of the Charities Act or
the accounts do not accord with the accounting records
the accounts do not comply with the applicable requirements concerning the form and content of accounts
set out In the Charrties (Accounts and Reports) Regulations 2008 other than any requirement that the accounts
give a true and fair view which is not a matter considered as part of an independent examination.
I have come across no other matters in connection with the examination to which attention should be drawn in
older to enable a proper understanding of the accounts to be reached.
Signed=
Date..
Jonathan Hill FCMA CGMA
Lichfield Diocesan 8oard of Finance
St Mary's House. Thè Close, ￿chr1eld, Stafftsrdshire WS13 7LD

The PCC of The Holy Cro88 (Tha Abb•yl ShrgW5bury
Financial Statèments forthe Ygar Ended 31st Doeombor 2022
Consolidated Statemnt of Fin•n¢ial Activitses
Unre5tri¢ted
Funds
Designatsd
Funds
R68trlcted
Funds
Endowmen¢
Funds
Tt)tal
Funds 2022
Totsl
Funds 2021
*12fy
Incoming R8s0ur¢8S
lfjeome and •ndowm•nts from:
Donalons and Legades
104.741
4,214
108.956
166,073
A¢tivilies forGeneralirvJ Funds
2b
6.082
2,182
8.264
10,129
Incorr* from Investments
710
3.944
1.884
6,5
6.503
C￿r¢h Acllthl￿s
2d
26,064
26,064
12.626
Other Income
Total
136,906
710
10,340
1,884
149.840
195,330
Resou￿0$ Expended
Exp8ndfjture on:
Raising Funds
3a
1.708
1.708
5.158
Church Aclnfilies
3b
156.055
10,366
168.421
306.110
Other Expenditure
Totsl
157.763
10.366
168.129
311,268
Net IncornellExppnditUTel
bofore Imiestment
Nel gainlllossesl on sale of
investments
Nel gairillbs5esl on revalualioTh
of investments
710
1.884
7lbl
115 5041
27.463
Net IncomellExp8ndltur81
189 8101
Transfer bets￿n Funds
27.000
N8t Mov?mont In Funds
25,103
139.59fj1
Ttytsl Fund$ br¢xJght forward 11
5.697
64,100
188,638
117.031
375,467
465,277
Ti)tal Fund5 ￿rried forward
116.093,,
89,203
149,042
111.194
331.347
375,467

Thè PC.C of The Hoty Cross (The Abbey) Shrewsbury
Financial Statements for Year Ended 31$t Decernber 2022
Registered Charity no.'1149972
Consolidated Balance Sheet
Total 2022
Total 2021
Flxed Assets
Tangib￿ Assets
Inveslmenl Asseis
46.000
193,605
239,605
46 000
219,436
265,436
Total Fixed A5setS
Current Assets
Stock
Current Investments
81bl
81GI
Debtors arKI prepaymeni$
Cash al b8nk and in hand
32,285
117,547
149,833
111,336
153.769
Total Current Assets
Currnnt Liabilitl¢s . due within 1 year
Creditors and accruaLs
91al
16,836
45,192
62,028
13,594
26.208
39,802
Dlocesan Parish Share
rotal Currenl Liabilities
Nèt Curront AssetsilLlablltl¢$l
91,742
110.030
Liabilities due aftèr onè y•ar
C￿di1￿rS
91bl
0ioce58n Loan
Yotsl L18blllt88 duè after onè year
Total Not AssotsllLlabllltl881
331,347
375.467
Total 2022
Total 2021
Funds of the PCC
Unrestricted Fund$
General Fund
18.093
89.203
149.042
111 194
5,697
64,100
188,638
117,031
DÈ$wJnaled Funds
Re51rrcted Funds
End(Avmenl Funds
rotsl
331.347
375,467
The un¢oN%olKJated shortfall of the Charrtywas £43,74012021." Shortfall £71.3511
*IL4rthtstst*W*nlS dPFrnyBd a.w AlJi*oiwi Ipyi fiiillPEA art
2024
Swnakspe
afi* ènan New.• Chairl
tn i.re&xeii
The noies on the followny pages f￿rn part oflhese att¢urts

The.PCC of Tpie Holy Cross (The Abbey) Shrewsbury
Financlal Statements lorthe Year Ended 31st December 2022
Charlty Balance Sheet
Total 2022
Total 2021
Fixed Assets
Tangible Assets
InvesknentAssets
71al
71b
46.000
193,905
239.905
46,000
219,736
265,736
T¢)tsl Fixed Asso1$
Currgnt Assots
Stock
81al
8lbl
81cl
81dl
CU￿nt Investments
Debtors and p￿paYments
Cash at bank and in hand
48,851
109,061
1 $7,912
38.702
114,893
153,596
Total Current Assets
Current Liabilitios - dua within 1 ygar
Creditors and accruals
al
13,422
26.208
39,630
Diocesan Parish Share
45,192
61,855
Totsl Current Liabilities
Net cUT￿nt A$$etsllLiabillle$l
96,057
113,966
Liabiliti8s dug aftgr ong year
Creditors
91bl
Diocesan Loan
Total Liabilites due after one year
Total Net Asset$llLiabilitle$l
335.962
379,702
Total 2022
Total 2021
Funds ofthe PCC
Unrestricted Funds
General Fund
13,4771
9,932
64,100
188,638
117,031
Designated Funds
Reslrthd Funds
149,042
111 194
Endowment Funds
Total Fund5
335,962
379,702
we£B aDO JbtvJlleO Lrr wue Dn
ZOz4
9nd $4n¢d ¢r
ha
S¢Jh#iure
Nerne &'*rt chd.ri
s￿r￿￿ty1t
Name HAJd¥tt ITreaguitt
Thè notas on thè folbwing pages fom part of these a¢￿UnIS

The PCC of The Holy Cross (The Abbeyl Shrewsbury
Financial Statements for the Year Ended 31st December 2022
Accountin
Policies
The PCC is a public benefit entity within the meaning of FRS 102. The financial
statements have been prepared under the Charities Act 2011 and in accordan￿ wtth
the Church Accounting Regulations 2006 governing the individual accounts of PCCS,
and with the Regulations true and fair view" provisions. They have also been
prepared in accordance with the Charities SORP (FRS 102).
The financial statements have been prepared under the historical cost convention
with items recognised at cost or transaction value unless othewise stated in the
relevant notes to these accounts. The financial statements include all transactions,
assets and liabilities for which the PCC is responsible in law. They do not include the
accounts of church groups that owe their main affiliation to another body nor those
that are informal gatherings of Church members.
There may be minor discrepancies in the totsls as the pence are not being shown.
Cashflow Statement
The Charity has taken advantage of the exemption in FRS102 from the requirement
to produce a Cash flow statement on the grounds that the income does not ex￿ed
£500,000.
Goin
Concern
The Parish continues to recover from the effects of the Covid lockdowns which had
serious effect on the finances. 2022 saw a return to regular worship and a
corresponding increase in cash donations at services, a slight recovery in visitor
income and an increase in income from events that could again be held after the
reslrictions were lifted. Attention is drawn to the following notes on the accounts.
1. The Common Fund contribution for 2022 has been accrued in full as no payments
were made in 2022. In 2023, an agreement was reached with Lichfield Diocese that,
if the Parish contributed in full in 2023, 2024 and 2025, plus a contribution of £15,000
for 2022, the remainder of the 2022 would be absorbed by the Diocese. As this is
conditional upon the Parish making these contributions, this agreement is not
reflected in these accounts and will be once performan￿ is complete.
2. In 2023 we received information on two previously unknown Endowment Funds
held by CCLA on behalf of the Parish and the Parish of St Giles, Shrewsbury. As
these Funds were only made known after the end of 2022 they are not included in
these accounts but will be reflected in the 2023 accounts.
Accountin
Estimates and Prior Year Errors
No changes to accounting estimates have occurred in the reporting period.
No material prior year errors have been identified in the reporting period.
23

De.s.cri
tion of Funds
Unrestricted funds are income funds of the PCC that are available for spending on
the general purposes of the PCC, including amounts designated by the PCC for fixed
assets for its own use or for spending on a future project and which are therefore not
included in its free reserves" as disclosed in the trustees, annual report.
Restricted funds comprise of two elements :_
a) income from trusts or endowments which may be expended only on those
restricted objects provided in the terms of the trust or bequest
b) donations or grants received for a specific object or invited by the PCC for a
specific object. The funds may only be expended on the specific object for which they
were given. Any balance remaining unspent at the end of each year must be carried
forward as a balance on that fund. The PCC does not usually invest separately for
each fund. Where there is no separate investment, interest is apportioned to
individual funds on an average balance basis.
Endowment funds are restricted funds that must be retained as trust capital either
permanently or subject to a discretionary power to spend capital as income, and
where the use of any income or other benefit derived from the capital may be
restricted or unrestricted. Full details of all their restrictions are shown in the notes to
the accounts.
Income
Planned giving, collections and donations are recognised when received or when the
PCC becomes entitled to the resource and the monetary value can be measured with
suffficient reliability. Tax refunds are recognised when the incoming resource to which
they relate is received. Grants and Legacies are accounted for when the PCC is
legally entitled to the amounts due and the monetary value can be measured with
sufficient reliability. Dividends are accounted for when retsivable, interest is accrued.
All other income is recognised when it is receivable. All incoming resources are
accounted for gross.
enditure and Liabilities
Grants and donations are accounted for when paid over, or when awarded, if that
award creates a binding or constructive obligation on the PCC. The diocesan parish
share is accounted for when due. Amounts re￿iVed specifically for mission are
dealt with as restricted funds. All other expenditure is generally recognised when it is
incurred and is accounted for gross. A Liability is measured on recognition at its
historical cost and then subsequently measured at the best estimate of the amount
required to settle the obligation at the reporting date.
Governance and Su
ort Costs
Support costs should be allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the PCC and
its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources e.g. by allocating staff
osts by time spent and other costs by their usage.

Fixe(l Assets
Consecrated and benefice property is not included from the accounts by
s.10{2}(a)&(Cl of the Charities Act 2011.
Moveable church furnishings held by the Vicar and Churchwardens on special trust
for the PCC and which require a faculty for disposal are inalienable property, listed in
the Church's inventory, which can be inspected (at any reasonable time). For
anything acquired prior to 2000 there is insufficient cost information available and
therefore such assets are not valued in the financial statements.
Freehold land and buildings comprises the parish hall at St Peters which was built in
1992 at a cost of £46,000. No depreciation is provided on land and buildings as any
charge would not be material due to the very long expected useful economic life and
because their expected residual value is not materially less than their carrying value.
See note 7.
Equipment used within the church premises is depreciated on a straight line basis
over three years. Individual items of equipment with a value of less than £1,000 are
written off when the asset is acquired.
Investments
Investments in quoted shares, traded bonds and similar investments are valued
initially at cost and subsequently at market value at the year end. Investments held
for re-sale are treated as current asset investments.
Debtors
Debtors are measured on initial recognition at settlement amount. Subsequently they
are measured at cash expected to be received.
Wholl Owned Tradin
Subsidia
- Connexion Ltd
The PCC own a trading subsidiary company called Connexion Ltd. The turnover,
gross expenditure, stock and debtors and creditors have been included in the
consolidated set of accounts. A profit and loss account and balan￿ sheet for
Connexion is shown in notes 13 and 14 on page 34.
25

The PCC of The Holy Cross (The Abbey) Shrewsbury
Financial Statements for the Year Ended 31st December 2022
CONSOLIDATED INCOME AND
ENDOWMENTS
Unrostrlctèd
Fund$
Doslgnated
Funds
Rostrlcted
Funds
Endowment
Funds
Total Funds
2022
Totsl Funds
2021
Donatlons and Legac5es
Voluntary Income
I Planned giving
36,160
36,180
29.214
3 Colledion5 al services
All other giving and voluntsry receipts
includifjg special appeals
9.882
1.190
11,073
7,919
34.084
1,486
35.570
30.891
4 Stewardship
6 Gift Aid Recovered
13,000
13,000
10,926
7 Legacies received
2,695
8 Grants (recurring and one-offj
11,615
1,538
13,153
84,427
104.741
4.214
108.956
166.073
Charltable Actlvltles
Activities for Generatlng Funds
2b
9 Refreshments
527
22
549
9 Bookstall
470
470
316
9 Chrtislmas Fayre
1.519
1.519
9 Summer Fayre
88
1.200
9 49ers
1.560
1.560
1,585
9 Other Fundraising Act￿ltieS
3,478
601
4,078
7,028
6,082
2,182
8,264
10,129
26

CONSOLIDATED INCOME AND ENDOWMENTS continued
Unrestricted
Funds
D￿jgThat¢d
Fund5
RestriGted
Funds
Endowment
Funds
Total Fund$
2022
Total Furtds
2021
In¢ome from Inve¥tments
2c
fo Dividends
581
3,456
1.721
5.758
6.300
10 Bank Interest
19
129
488
162
798
203
19
710
1,884
6,S56
6,503
In¢ome frorn Church Actlvltl•$
2d
11 Statutory Fees {relained by PCCI
9,4S8
9,458
6,128
12 of Abbey Church & St Peterfs
10.870
10,870
3.541
12 Church Hall Hire
5,735
5,735
2.956
12 ShrewS￿ry Abbey Connaxion
26,064
26.064
12.626
Other Incom¢
ze
13 Other income
A Total Income
136,906
710
10,340
1.884
149,840
195,330
27

The PCC of The Holy Cross (The Abbey) Shrewsbury
Financial Statements for the Year Ended 31st De¢ember 2022
CONSOLIDATED
EXPENDITURE
Unre$trfded
Funds
De￿5n￿ted
Funds
Reslrlcted
Funds
Endowment
Fund$
Total Funds
2022
Total Funds
2021
Raislng Funds
Cosls of Generating Funds
17 Stewardship Costs
135
135
17 Other fundraising ￿51$
1.573
1.573
5.150
1,708
1.708
5.158
Charltsblè Actlvltl88
3b
ChU￿h Actlvllles
18 Mission Givin9 arxl Donalions
19 Th"oce5an Parish Share
45,192
45.192
52.401
19 DiLusan Pansh Sh8rÈ Support
2¢1 Salaries and Wage$
40,995
40,995
38.117
21 Ckrgy aThJ Staff ExpeThs88
Church Expenses
1,348
1.348
2.WO
22 crrtjrch Expenses (MI￿0n an6 EvBrtoeli%m)
325
23 CNJrch Runnlng Expenses (1[￿ GovFrnanrel
37,486
1.133
38.619
37,530
23 Chvr¢h Maintenan¢e
14.379
14.379
60.347
34 Church Uli[￿Y Bills
13.623
13.623
9.281
25 Church Hall costs
2.651
2,851
915
25 LOC￿ Mission running costs
25 Shrewsbury Abbey ConNdxion
M3ior¢apit41 Exp8ndAture
381
18,459
2T M4or Repalrs io Ihe Church
9.233
9,233
,141
28 brtajDr Repairs lo Church Hal
29 New BUild￿g Work
156.05$
10,366
166,421
306.110
99 Oth*T
3¢
olher
Total Expenditure
157,763
10,366
168.129
311,268
28

ThA P+•C of The Holy Cross (The Abbey) Shrewsbury
Financial Statements for the Year Ended 31st December 2022
4 Allocation of Support Costs {¢onsolidatedl
Support costs comprise Trustee Training and Govemanco Costs etc. Due to the nature of the financial activities of the PCC. these
would be allocated across Charrtable Expenditure which comprises the majority of its expenditure and a$ such are automatically
aiged there.
5 (a) Staff Costs Iconsolidatodl
2022
2021
Wages & Salaries
£40.995
£38,117
Average number of amployees
During the year the PCC employed a Director of Music, Parish Administrator, Office Administrator and one cleaner lall part-time except
for the lull time Parish Administrator). The PCC incurred £2,06812021." £3831 in soeial security costs and £34412021.. £941 in employer
pension contributions.
The PCC use the National Employment S8vings Trust INESTI, via the Diocesan Payrdl Scheme. for its pension payrnents.
There were no employee benefits lo key management personnd in the previous or current year.
5 (b) Related Partle8 Iconsolidatedl
1 trustee has be8n reimbursed £1.098 during 202212021.. 2 trustees reimbursed £2,717) for travel and phone expenses in¢urred during
the year.
No other expenses were paid to any othèr PCG member, persons closely connected to them or related partie5.
Donations from related parties IPCC mgmber51 tOt￿led £13,77812021.. £12,995)
5 Ic) Fees for the examination of the accounts Iconsolidated}
2022
2021
Independent Ex8minerfs fees
£300
£300
Othar fées le.g. accountan¢y servicesl
paid lo the Independent Examiner
£300
6 (a) Analysis of Transfer between Funds (consolidated) - 2022
Unrestrlcted
Designated
Restrlcted
Endowment
Total
11} From HLF Res to Trust 1745 Des
1151 From General to Org Res
lilll From General to HLF Res
27,000
121 0001
4,412
2.518
Iv) Frorn Admin Res to Gen
3.996
13 0901
12.9331
27,000
124,0671
29

lil ".SLS"plus funds raised in 2018 from Trust 1745 being returned lo Trusl 1745- see PCC Minute 2419118.
lill To cover organist fees from 2021 and 2022 pawj from Organ Restricted fund by rnistake.
liiil To cover shortfall on HLF project.
Ilvl Admin Fund 2021 debtor setlled in the General Fund
6 {b) Analysis of Transfer betwgen Funds {consolidatedl - 2021
Unrestrlcted
Deslgnated
Restricted
Endowment
Total
lil From General to Organ Restricted
1111 From Abbey Restoration to General
lili) From Abbey Restoiation to General
(lvl From Abbey Restoration to General
(vl From General to Admin
Ivil Frorn Tru511745 to Ganeral
j l?0001
15,0(MJ
796
1.800
1,365
1,392
32.752
20,320
12,432
111 The PCC ag￿ed to fund the raisin9 of tr8 organ bl¢)wers and reservoirs from th6 Ganaral Fund lin 20201 as this does not form part or
the Organ Restoration work.
lill Hart￿Y Storage costs frorn Sepl-oec 2020 were charged to the General Fund. instead ol the Abbey Rèstoration Restricted Fund, as
part of the CRF grant ftjnding project, by mistake.
liiil Baart Harries Newall work on the Access Str81egy was charged to the General Fund In 2020, instead of the Abbey Restoration
Restricted Fund. as part of ther CRF gr8nt funding project, by mistake.
(lvl Unhlentified CRF spend incorrectly 8ttribulÈd lo Gener81 Fund. HLF We￿ Satsil￿d that full grant had been spent.
Iv) To eover admin costs paid from the general fund instead ol the Admin Staff Restricted Fund
Ivil Transferred from designated to general fund to pay 2020 Parish Share arrears
FieFhold
Buildlngs
7 la} Tanglble Flxed Assets
Group and Charity
All unrestricted
At Cost or Valuation
At 1.1.2022 & 31.12.2022
46.000
The Freehold Building is the Parish Hall at Sl Peters which was built in 1992 at a cost of £46.000. The PCC has buikjings in5urarrA as
follows.. the Abbey Church, St Paters Church and Parish Hall.
7 {bl Flxed Asset Investments
Group
At Istjan
Additions
Disposa15
Transfers
Chan8e in
Market Value E
At 31st (Jec
Uftr¢$tricted funds
Designated Trust 1745
22.144
12 601,,
19.538
RÈstrlet¢d funds
Trust 619
131,703
Iq3 i041
116.200
Endowment funds
Trust 1447
65.588
57,868
32 Total
219.436
193.605
30

Charlty
At Istjan
Addltlons
Dlsposals
Tr•Trslers
Change in
Market Value £
At 31st Dec
Unrestrlcted funds
Collnexion
300
300
Designated Trust 1745
22,144
19.538
R¢¥tri¢ted fund3
Trust 619
131,703
116,200
Endowment funds
Trust 1447
65,588
57.868
Total
219,736
193,905
The investments are held in the CBF Investment Fund rnanaged by CCLA.
8 Currant Assets
8 lal Stock
Group
2022
2021
Unrestrlcted funds
COnne￿On Stock
See notes 13 and 14 for Connèxion Ltd Accounts.
8 Ibl Current Assgt Investments
There are no Current asset investments
8 {c} Debtors
Grou
Chari
2022
2021
2022
2021
Un￿StrIC1ed
Gift Aid recoverable
31,772
18.772
31,772
18,772
Other debtors
5.162
1,411
5,162
1,411
Due to Charity from Connexion
Designated
Loan from Holy Cross to the Friends
Reslricled
6,417
8,417
Gift Aid recoverable
5.500
5,5
5.500
5,500
LPWGS VAT Grant
2.607
2,607
Admin Pay Grant (due from Trust 14721
3.996
3,996
42,434
32,285
48,851
38,702
-71

8 {d!- Cash at Bank and in hand
Group- 2022
un￿StrICted
Designated
RestrÉcted
Endowment
2022 Totsl
2021
Holy Cross Accounts
59.531
40,000
45,934
58,303
tsnnexion Acwunts
2,274
2.274
2,854
CBF Deposit Accounts
CBF Trust Fund Dep0511 Accounts
Interior Decorating Schgme
800
800
792
10,135
38.770
12,526
61,431
54,902
796
796
796
Petty Cash
100
100
100
31
69,666
31,107
53,326
111,336
117,547
Charity - 2022
Unre8tricted
Designated
Restricted
Endowment
2022 Total
2021
Holy Cross Am)unts
C8F Deposit Accounts
CBF Trust Fund Deposit Accounts
Interior Decorating Scheme
59,531
18.:001
40.000
800
45,934
58.303
800
792
10,135
38.770
12,526
61,431
54,902
796
796
Petty Cash
100
100
1CQ
31
69.666
31,107
53,326
109,061
114,893
81e} Group - 2021
Unrestriettd
D8sa9nated
Restrlcted
Endowment
2021 Total
2020
Holy Cross Accounts
32,531
15,256
40,000
58.303
69,124
Connexions Accounts
2,654
2,654
3,062
CBF Deposit Accounts
792
792
792
CBF Trust Fund Deptssit Accounts
Interior De¢oraling Scheme
Petty Cash
9.425
34,827
10.651
S4,￿2
48,575
796
796
796
100
100
100
31
1?0.730
41,956
50,879
51,443
117.547
122,450
Charity - 2021
Unrestricted
Deslgnated
Restrlcted
Endowment
2021 Total
2020
Holy Cross Accounts
CBF Dep051t Ar£ounts
CBF Trust Fund Depos11 Accounts
1?9 48&.1
32,531
15,256
40,(X)O
58.303
69.124
792
792
792
9,425
34,827
10.651
54,902
48,575
Interior Decorating Stheme
796
796
796
Petty Cash
100
100
100
31
129,"841
41.956
50.879
51,443
114.893
119,387

9 .Liabilities
Grou
Chari
2022
2021
2022
2021
.9 lal Amounts falling due in one year
UnrestrNcted
Accruals of Util￿e5
3,615
1,627
3.615
1,627
Creditors- Holy Cros5
Creditors- Connexion
8,458
926
8,458
926
128
128
Creditors- LDBF Parish Share
45,192
26,208
45.192
26,208
Creditors- LDBF Payroll
Creditors- Connexion5 late filing penalty
R8Stricled
698
4,694
698
4.694
300
300
Agency- LDBF Statutory Fe&5
Agency- Wedding Deposits
Agency- Other
Othèr Cr6dilors
3,041
3,041
1,(M)O
700
1.000
700
2.080
2,306
2,080
2.306
35
62.028
39,802
61,8S5
39,630
9 Ib) Amounts falling due afterone year
Unreslricted
Friends ol HC loan to Connexions
35
The 2021 Parish Share arrear5 01 £26,208 were paid in March 2022.
In 2023. an agreernent was reached with Lichfield Diocese and if the parish contribute £15.000 towards the £45,192 arre8rs from 2022,
the Diocese will match the arrears payment on a 2. 1 ba515 and write off £30.192 over three years providecl lull contributt'ons are pai¢J in
2023, 2024 and 2025.
10 lal Summary ofAssets by Fund- 2022
Group
Unrestri¢tsd
Funds
Deslgnated
Funds
Restrlcted
Funds
Endowment
Funds
Total
Fixed Assels
46,000
46,000
193,605
153,789
162.02ei
Investsrent Assets
19,538
69,666
116,200
36.807
57.868
53.326
Current Assets
Current Liabilthes
abilities > 1 year
58 2ti31
89,203
149,042
111.194
331,347
Charity - 2022
Unrestricted
Funds
Designated
Fund8
Restricted
Funds
Endowm•nt
Fund5
Total
Flxed Assets
46,000
300
46,000
193.905
157,912
101 aiii
Invè51menl Assets
19,538
69,666
116,200
36,607
57.868
53,326
Current Assets
Current Liabilities
Liabilities > 1 year
89,203
149,042
111,194
335,962
33

10 Ibl Summary ofAssets by Fund - 2021
Group
Unrestrlct•d
Funds
Designated
Funds
Restrlcted
Funds
Endowment
Funds
Total
Fixed Assets
46.(M)O
46,000
219.436
149,833
Investsnent Assets
22.144
131,703
82,982
65,588
51.443
Current Assets
41.956
Current LIabilit￿S
Liabilities > 1 year
5.697
64,100
188,638
117,031
375,467
Charity- 2021
Unrestricted
Funds
Deslgnated
Funds
Rest￿Cted
Fund¥
Endowment
Fund$
Totsl
Fixed Assets
46,000
300
46.000
Investm8nl Assets
22,144
41,956
131,703
62,982
65,588
51,443
219.736
153,595
139 6io',
Currènt Assèts
Current Liabllities
133 593i
abilitias > 1 yèar
9,932
64,100
188,638
117.031
379,702
11 lal Summary of Fund Movements- 2022
Group- 2022
Incomlng
Resoureeg
Resourees
Expendèd
Invèstmènt
GainslLosse3
El
Reserves at
31st Dec
Reserves at
1stJan
Tran$f•rs
Unrestricted Fund
5,697
136,906
1-137,7c31
12.9J31
118,0931
Designated Funds
BOi￿r Designated
Trust 1745
5,283
58.817
64,100
5,283
83,920
89,203
710
710
27.000
27,000
Restricted Funds
Abbey Restr)ralion
Admin Staff Fund
4,591
3,996
150
200
4,791
13 9961
Forget Me Not
HLF
150
24.482
796
IDS
796
Music
4.686
100
3,653
9341
Organ
R Salt
5,697
4.412
3.051
3,051
St Pet8rs Restricted
3,650
3,650
Trust 619
165,134
3.944
115.5041
153.574
Toddle In
1,605
305
400
2,005
305
Vestment
188,638
10,340
110,3Sol
115.50AI
124,06 11
149.042
Endowment Funds
HMLee
792
800
Trust 1447
116,239
1,876
110,394
117.031
1.884
111.194
Total Flind%
174 4fi7
1&4A4n
1148 179
17.4 8711
121 247

Charity- 2022
Incoming
Resources
Resource
Expended
Investment
GalnslLosses
Reserves at
31st Dee
Reserves at
1st Jan
Transfers
Unrestricted Fund
9,932
136,905
Designated Funds
Boiler Designated
Trust 1745
5.283
58,817
5,283
83.920
710
27.000
64.100
710
27,01)0
89,203
Restricted Funds
Abbey Re51oralion
Adrnin Staff Fund
4,591
200
4,791
3.996
Forget Me Not
HLF
150
150
24,482
124.48il
IDS
796
Music
4,686
100
3.653
Or9an
R Salt
1£3.SL' J I
5.697
19 2331
4.412
•• ¥341
3.051
3,051
St Peters Reslri¢t&d
3.650
3.650
Trust 619
165,134
3,944
115 50J,..
153,574
2,005
305
Toddle In
1.605
305
400
Vestsllents
188.638
10,340
124,Ou71
149,042
Endowment Funds
HMLèÈ
792
800
Trust 1447
116.239
1,876
110.394
117,031
1,B84
111,194
Total Funds
379,702
149,839
12?,8311
335,962
Designated Funds
Boiler Designated
For the replacementwork on thè boi￿r.
For the general purpose of the Church ol England in the Parish. Pa￿Y held by the Lichfield
DDcesan Trust.
Trus11745
Restricted Funds
Abbey Restoration
Admin Staff Fund
Forthe restoration of the Abbey
To fund administrative support wrthin the Parish
For the support of dementia friendly church
For the Heritage Lottery Funding lor stonework repairs on the South & East sides
For the intemal redecorats.on ol the vicarage. Funds are held by the Di0￿se.
Foi thè pmmotion of choral music in the Abbey
For the renovatlon of the William Hill rxgan in The Abbey.
Fund raising is still ongoingand any shortfall al project completion has been undarwritt8n by the
PCC and will be funded from current income or reserves.
Leg8cy Iiom Miss Rachel Salt re￿iVed in September 2018 with a request that something be
purchased in fflernoriam.
For the sole benefit of Sl. Peterfs Church
Forget Me Not
HLF
IDS
Music
Oigan
R Salt
St Peters Restricted
Trust 619
For the benefit of the St Peterts site. Held by the Lithfield Oiocesan Trust.
A Stay & Play Toddler Group at St Peters
To buy and maintain vestments
Toddle In
Vestments
Endowment Fund¥
HMLee
For the purpose of Church ol England in the Parish
For Accornmodation ol Curate. Hekl by the L￿hfield Dio*san Twsl.
Trust 1447
35

11 Ibl Summary of Fund Movements- 2021
Group- 2021
Incoming
Resources
Resources
Expended
Investment
GalnslLosses
El
ReseThes at
31st Dec
Reserves at
1stJan
Transfers
Unrestricted Fund
61,223
92.472
20.320
5,697
Designated Funds
Boiler Designated
Trust 1745
5,283
88,364
93,647
5.283
58.817
64,100
1,362
1,362
1,843
1,843
13? 7j21
Restricted Funds
Abbey Restoration
Admin Staff Fund
55,941
3.330
135611
4,591
3,996
3,996
1,393
Boiler Restricted
Forget Me Not
HLF
150
150
26,908
796
12 4261
24,482
IDS
Musi¢
4,886
Id2,?121
3.051
i?001
85.15))
4,686
',2i .3vJl
Organ
R S811
88.584
15,000
3,051
St Peters Restricted
3.650
3.650
Trust619
145,292
1,343
3.359
16.483
165,134
Toddle In
262
1,605
305
Vestment
5,990
0851
203,13Y
99,535
16,483
12,432
188,638
Endowment Funds
HMLee
792
792
Trust 1447
106.477
1,960
7,803
116.239
107,269
1,960
7,803
117,031
Total Funds
465,277
195,330
26.128
375,467

Charity- 2021
Incoming
Resources
Resources
Expended
Investment
GainslLosses
Reserves at
31st Dec
ReseNes at
1stJan
Transfers
Un￿StA¢19￿ Fvn(J
46,999
92,472
20,320
9,931
Designated Funds
Boiler Designated
Trust 1745
5.283
5.283
88.364
1,362
1,843
58.817
93,647
1,362
1,843
13 7 7>?.
64,100
Restricted Funds
Abbey Restorath"on
Admin Staff Fund
55.941
4.S91
3,330
150
3.996
1.393
3,996
Forget Me Not
HLF
150
26,908
24,482
IDS
798
796
Music
4,886
4,686
Organ
R Sall
88,584
15,000
3,051
3.650
3,051
Sl Peters Restricted
3,650
Trust 619
145.292
3,359
16,483
165.134
Tortdle In
1,343
262
1,605
305
Vestments
5,990
203,137
99,$35
16,483
12,432
188,638
Endowment Funds
HMLee
792
792
Trust 1447
106,477
1,960
7.803
116.239
107,270
1,960
7,803
117,032
Total Funds
451,053
19S,329
129? 8091
26,128
379,702

12 Consolidated SOFA Comparatlvgs - 2021
Unrestricted
Funds
Deslgnated
Funds
Restricted
Funds
Endowment
Funds
Total Funds
Income and Endowments
Donations and Legacies
Activities lor Generats"ng Funds
Incorne from Investments
Church Actwilies
Other Incorne
74.998
4,797
176
355
go.720
5.332
3.359
125
166.073
10,129
6,503
12,626
1.008
1.960
12,501
Total Income
92,472
1,362
99,S35
1,960
195,330
Expenditure
R815illg Fund5
Church ActiV￿eS
Oiher Expenditure
Total Expenditu
2.821
165,498
2,337
140,611
5,158
3CE,110
168,319
142,949
311,268
Net incomellexpenditurel
1,362
1,960
Nel galnllkjssesl on sale of investments
Net gainllEosses} on revaluation investments
2,771
18,483
8,208
27,463
Not In¢omel{Ex￿nditUr¥Tr
17i.8.17
3.205
l?D.9JOI
9,762
Transfer befften Funds
20,320
12,432
Net Movement in Funds
9,762

13 Connexion Profit & Loss Account
2022
2021
Sales
Cost of Sales
Opening Stock
Purchases
Closing Stock
17.759
17,759
Gro88 ProfiU{Loss)
11 i,7iJl
Non Trading income
Non Trading Expenditure
Running Expenses
ProfiU{Lossl for the year
Net Profltl(Loss) for the year
13801
118,4091
14 Connexion Balance Sheet
2022
2021
Current Assets
Stock
Debtors - due from Holy Cross
Other Debtors
Cash at bank and in hand
459
459
2,274
2.733
2,654
3,114
Creditors - due within 1 year
Creditors - due lo Holy Cross
Other Creditors
6.749
300
6,749
300
Net Current Asset$
14,3131
13.)3ij
Creditors due after one year
Total Net AssetsllLiabilltlesl
14,31 il
13,9351
Capltal and Reserves
Called up Share Capital
P&L brought forward
ProfiVILossl for the year
300
14,?3-1
13801
14,2'1Jl
300
14,224
39